MUMBAI: State owned Bank of Baroda (BoB) swung to a loss in the first quarter ended June 2020 mainly due to a rise in provisions even as the total loans under moratorium due to the Covid-19 pandemic fell. BoB reported a net loss of Rs 864 crore in the quarter ended June from a profit […]Read More
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NEW DELHI: Shares of Bank of Baroda climbed 9 per cent in Wednesday’s trade after the state-run bank reported a net profit of Rs 506.60 crore for the March quarter. The bank had posted a loss of Rs 991.40 crore in the same quarter a year ago. Following the results, the stock climbed 9 per […]Read More
MUMBAI: State-run Bank of Baroda (BOB) on Monday said nearly 90 per cent of its eligible borrowers have applied for the moratorium offered on repayment of term loans. The Reserve Bank of India (RBI), in March, had allowed a three-month moratorium on payment of all term loans due between March 1, 2020 and May 31, […]Read More