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Tag Archives: Bank of Baroda (BoB)

BoB signs Tennis star Sumit Nagal as Brand Endorser

MUMBAI, JUNE 20, 2024 (TBB BUREAU):  Bank of Baroda (BoB) has announced the signing of Sumit Nagal, one of India’s top emerging tennis players, as its brand endorser. The move underscores the bank’s commitment to nurturing talented Indian sportspersons striving for global success. At 26 years old, Sumit Nagal has surged to a career-high singles ranking of World No. 71 ...

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BoB raises Rs 5,000 crore through issue of 10-year bonds at 7.57pc

TBB BUREAU MUMBAI, JAN 25, 2024 Bank of Baroda (BoB), a state-owned lender, on Thursday announced the successful raising of Rs 5,000 crore through 10-year infrastructure bonds, featuring a coupon rate of 7.57 percent. The bank received an impressive response from investors, garnering a total of 128 bids amounting to Rs 14,950 crore against the targeted issue size of Rs ...

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BoB hikes domestic retail term deposit rates upto 125 bps

TBB BUREAU MUMBAI, DEC 28, 2023 Public sector lender Bank of Baroda (BoB) on Thursday announced increase in the interest rates on domestic retail term deposits by up to 125 basis points in various maturity buckets. The revised rates will come into effect from Friday. The new rates will be applicable for domestic deposits below Rs 2 crore, including non-resident ...

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BoB introduces lifetime zero balance SB account ‘bob LITE’

TBB BUREAU MUMBAI, OCT 27, 2023 In its bid to offer customers a hassle-free banking experience without any minimum balance requirement, public-sector lender Bank of Baroda (BoB) has introduced the bob LITE Savings Account – a Lifetime Zero Balance Savings Bank Account, as a part of its “BOB Ke Sang Tyohaar Ki Umang” festive campaign. Further, to cater to the ...

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BoB offers ICCW facility using UPI on its ATMs

TBB BUREAU MUMBAI, JUNE 05, 2023 Bank of Baroda (BoB) on Monday announced the launch of Interoperable Card-less Cash Withdrawal (ICCW) facility using UPI on its ATMs. The first Public Sector Bank to launch this service, BoB customers as well as customers of other participating issuer banks that use BHIM UPI, bob World UPI or any other UPI application enabled ...

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BoB raises interest rates on deposits below Rs 2 cr by 0.20pc

TBB BUREAU NEW DELHI, SEPT 14, 2022 Bank of Baroda (BoB) has raised the interest rates on retail term deposits of below Rs 2 crore by up to 0.20 per cent. The new rates have come to effect from September 13, 2022. The one-year tenor domestic and NRO (Non-Resident Ordinary) term deposit will offer an interest of 5.50 per cent, ...

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On National Sports Day, BoB brings together three of India’s biggest sporting stars

TBB BUREAU MUMBAI, AUG 29, 2022 On National Sports Day 2022, Bank of Baroda (BoB) released the third edition of #SmashItWithSindhu to celebrate the achievements and to support the undying spirit of the Indian sporting fraternity. The latest edition is bigger and better with BoB bringing together ace shuttler Kidambi Srikanth and India’s young batting sensation Shafali Verma joining Olympic ...

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BoB felicitates citizen path breakers on its 115th Foundation Day

TBB BUREAU MUMBAI, JULY 20, 2022 On the occasion of its 115th Foundation Day on Wednesday, Bank of Baroda (BoB) conferred the ‘Baroda Sun Achievement Awards 2022’ to five inspirational individuals/companies who have made significant contributions in their respective fields, had a substantial impact on society and inspired others through their journey. The ‘Baroda Sun Achievement Awards 2022’ were presented ...

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BoB commemorates 75 years of Independence with focus on digitisation of banking

TBB BUREAU MUMBAI, FEBRUARY 9, 2022 Bank of Baroda (BoB) on Wednesday announced that it would celebrate ‘Azadi Ka Amrit Mahotsav’, an initiative by the Government of India to commemorate 75 years of an independent and progressive India, with the launch of a special campaign comprising a series of events, customer meets and on-ground initiatives throughout the month of February ...

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