TBB BUREAU MUMBAI, AUG 16, 2023 Bank of Baroda celebrated India’s 77th Independence Day on Tuesday with a wide range of initiatives nationwide. Bank of Baroda (BoB) Managing Director & CEO Debadatta Chand said, “As we celebrate India’s 77th Independence Day, Bank of Baroda reaffirms its commitment to the nation. The Bank has been a steadfast partner, supporting the country’s ...
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Bank of Baroda launches Electronic Bank Guarantee on its digital platform
TBB BUREAU MUMBAI, MAY 10, 2023 Bank of Baroda (Bank), one of India’s leading public sector banks, announced the launch of Electronic Bank Guarantee (e-BG) on its Baroda INSTA platform, in partnership with National E-Governance Services Limited (NeSL), which offers a platform for the issuance of Inland BGs through electronic mode. NeSL is India’s first and only Information Utility and ...
Read More »Bank of Baroda increases MCLR rate by up to 15 bps
TBB BUREAU NEW DELHI, NOV 10, 2022 Bank of Baroda on Thursday said it has increased its marginal cost of funds based lending rate by up to 15 basis points (bps) across tenors. The lender has approved the revision in marginal cost of funds based lending rate (MCLR) with effect from November 12, 2022, Bank of Baroda said in a ...
Read More »Bank of Baroda launches bob World Yoddha Debit Card for Armed Forces
TBB BUREAU NEW DELHI, AUGUST 24, 2022 Bank of Baroda on Wednesday announced the launch of the bob World Yoddha Debit Card on the RuPay platform, especially for the Indian Armed Forces. As India marks 75 years of Independence, the premium and feature-rich RuPay Select Debit Card is a special offering, designed to meet the needs of the country’s ...
Read More »Bank of Baroda launches Baroda Tiranga Deposit scheme
TBB BUREAU MUMBAI, AUGUST 16, 2022 Bank of Baroda on Tuesday announced the launch of the Baroda Tiranga Deposit Scheme, a special term deposit product offering higher interest rates. The Baroda Tiranga Deposits are available in two tenor variants – offering interest rates of 6 per cent per annum for a period of 555 days, and 5.75 per cent per ...
Read More »Clix Capital partners with Bank of Baroda to disburse loans in healthcare equipment space
TBB BUREAU BHUBANESWAR AUGUST 1, 2022 Clix Capital (Clix) has entered into an exclusive co-lending partnership dedicated to healthcare financing, with Bank of Baroda, one of India’s leading public sector banks. Under the partnership, Clix and Bank of Baroda will provide loans at affordable rates in the healthcare equipment space, across Tier 2 cities and beyond. This collaboration will enable ...
Read More »Bank of Baroda launches end-to-end digital co-lending platform
TBB BUREAU MUMBAI, MAY 9, 2022 Bank of Baroda (Bank), one of India’s leading public sector banks and named the Best Technology Bank by Indian Banks’ Association (IBA), on Monday announced the launch of an end-to-end Digital Platform to facilitate co-lending of loans in partnership with NBFCs. The platform provides seamless integration between the Bank and multiple NBFC partners to ...
Read More »BoB signs MoU to become clearing bank for NeML
TBB BUREAU MUMBAI, NOV 2, 2021 State-owned Bank of Baroda (BoB) on Tuesday signed a memorandum of understanding with NCDEX e Markets Ltd to become a “Clearing Bank” for handling financial transactions for NeML market place and procurement/auction platform. The MoU was signed by NeML MD & CEO Mrugank Paranjape and BoB Mumbai Zone Head Jagdish Tungaria. NCDEX e Markets ...
Read More »Bank of Baroda reduces Home Loans rates to 6.5pc
TBB BUREAU MUMBAI, OCT 7, 2021 Bank of Baroda (BoB), India’s premium public sector bank, on Thursday announced reduction of 25 bps in its home loan rates from 6.75 per cent to 6.50 per cent with effect from today. With the onset of festive season and to make home buying more affordable for customers, BoB has extended this offer and ...
Read More »BoB partners BPCL to launch Platinum International Contactless Debit Card
TBB BUREAU MUMBAI, SEPT 21, 2021 India’s third-largest public sector bank Bank of Baroda (BoB) and Maharatna company Bharat Petroleum Corporation Limited (BPCL) have announced the launch of BoB BPCL RuPayNCMC Platinum International co-branded Contactless Debit Card. This personalised RuPay platinum international debit card comes with various benefits including 5% cashback upto INR 50 on the first 2 transactions at ...
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