Cuttack, July 19, 2024 (TBB Bureau): Bank of Baroda, one of India’s premier public sector banks, has taken a significant step in enhancing its presence in the semi-urban regions of Odisha with the inauguration of its latest branch in Choudwar, Cuttack. This strategic move marks BoB’s 20th semi-urban branch in the Cuttack Region and the 61st in the state of ...

Mumbai, July 15, 2024 (TBB Bureau): Public sector lender Bank of Baroda (BoB) has launched the BoB Monsoon Dhamaka Deposit Scheme, a new term deposit product aimed at offering enhanced interest rates. This scheme provides two distinct tenors: 7.25% per annum for 399 days and 7.15% per annum for 333 days, applicable to retail deposits below Rs 3 crore. Senior ...

Mumbai, June 11, 2024 (TBB Bureau): Bank of Baroda (Bank), one of India’s leading public sector banks, has announced the launch of a nationwide online hackathon on Generative Artificial Intelligence (GenAI), in collaboration with Microsoft. The hackathon aims to inspire participants to develop innovative solutions using GenAI technology to address specific business areas defined by the Bank. The top three ...

Mumbai, May 10, 2024 (TBB Bureau): In a resounding testament to its financial prowess, Bank of Baroda (BoB) on Friday unveiled its financial report for FY2023-24 (FY24), showcasing a remarkable 26.1 per cent surge in net profit to an impressive Rs 17,789 crore. The bank’s fourth-quarter standalone net profit stood at Rs 4,886 crore, a testament to its resilience amidst ...

TBB BUREAU MUMBAI, NOV 30, 2023 Bank of Baroda (BoB) on Thursday announced the introduction of the BOB Parivar Account for Savings and Current Accounts. The ‘My Family, My Bank’ segment, which has been launched as a part of the Bank’s “BOB Ke Sang Tyohaar Ki Umang” festive campaign, groups all the bank accounts belonging to members of a single ...

TBB BUREAU MUMBAI, OCT 9, 2023 Public sector lender Bank of Baroda (BoB) on Monday announced an increase in interest rates on domestic retail term deposits, including NRO and NRE term deposits, by up to 50 basis points across various tenors up to three years. These rates are applicable on deposits below Rs 2 crore with effect from October 9, ...

TBB BUREAU RANCHI, SEPT 25, 2023 Bank of Baroda (BoB) has expanded its footprint in Jharkhand by inaugurating its new Regional Office in Ranchi and opening a new branch -its 122nd branch – in Gurdari Village in a remote location in Gumla district of the State. BoB Executive Director Joydeep Dutta Roy inaugurated the Regional Office in Ranchi, while the ...

TBB BUREAU MUMBAI, SEPT 20, 2023 Bank of Baroda (BoB), one of India’s leading public sector banks, on Wednesday announced that it has enabled UPI LITE – Small Value on Device Wallet. UPI LITE is a wallet that allows users to make instant, small value digital payments with only one tap without the use of a UPI PIN. UPI LITE ...

TBB BUREAU PUNE, SEPT 18, 2023 Bank of Baroda (BoB) was awarded the second prize under the ‘Rajbhasha Kirti Puraskar’ Scheme of the Government of India for the year 2022-23 in the Nationalized Banks category. BoB Managing Director & Chief Executive Officer Debadatta Chand received the award during the Hindi Diwas Celebration-2023 and third All India Official Language Conference held ...

TBB BUREAU MUMBAI, SEPT 12, 2023 As the much-awaited festive season begins, Bank of Baroda (Bank), one of India’s leading public sector banks, today announced the launch of “BOB Ke Sang Tyohaar Ki Umang” festive campaign, which will run up to 31st December, 2023. Bank of Baroda’s festival offers include the launch of 4 new savings accounts with a host ...