Moody’s Maintains Stable Outlook on Three Indian PSU Banks’ Ratings Moody’s, a globally renowned credit rating agency, has recently affirmed the stable outlook on the ratings of three prominent Indian Public Sector Undertaking (PSU) banks. This decision reflects the agency’s confidence in the resilience and stability of these banks despite the challenging economic environment. The…
RBI Lifts Restrictions on Bank of Baroda’s (BoB) World Mobile App The Reserve Bank of India (RBI) has recently lifted the restrictions imposed on Bank of Baroda’s (BoB) World Mobile App. This decision comes after the bank complied with the regulatory norms and rectified the issues pointed out by the central bank. The lifting of…
Bank of Baroda Launches BOB Earth Green Term Deposit Scheme In a bid to promote environmentally conscious financial products, Bank of Baroda (BOB) has introduced the BOB Earth Green Term Deposit Scheme. This initiative aligns with the global trend towards sustainable banking practices and reflects BOB’s commitment to environmental responsibility. Bank of Baroda, one of…
Bob Financial Solutions Limited Rebranded as Bobcard Limited with ‘Credit Reimagined’ Tagline” In the ever-evolving landscape of the banking sector, Bank of Baroda’s subsidiary, Bob Financial Solutions Limited, has undergone a significant transformation. The company has recently been rebranded as Bobcard Limited, accompanied by a fresh outlook encapsulated in the tagline, ‘Credit Reimagined.’ This strategic…
India Inc.’s Investment Slump Persists in FY24’s First Nine Months: Bank of Baroda Analysis India’s economic landscape has been under scrutiny as Bank of Baroda’s recent analysis revealed a persistent investment downturn within the country’s corporate sector during the initial nine months of Fiscal Year 2024. Despite expectations of a recovery from the economic slowdown…
BOB Appoints Kadgatoor Sheetal Venkatesmurt as Head of Digital Channels Bank of Baroda (BOB) has recently made a significant appointment in its leadership team, naming Kadgatoor Sheetal Venkatesmurt as the new Head of Digital Channels. This strategic move by one of India’s leading banks holds immense importance for aspirants preparing for government exams, especially those…
Bank of Baroda to Raise ₹10,000 Crore to Fund Affordable Housing Infrastructure Bank of Baroda (BoB) is set to raise a whopping ₹10,000 crores to support the development of affordable housing infrastructure. In this article, we will explore the significance of this decision, delve into the historical context, and provide five key takeaways for students…
RBI Directs Bank of Baroda to Halt New Customer Onboarding on Its Mobile App The Reserve Bank of India (RBI) has recently taken a significant step by instructing the Bank of Baroda to suspend new customer onboarding through its mobile application. This move has far-reaching implications in the banking sector and is particularly crucial for…
Bank of Baroda (BoB) has appointed Debadatta Chand as the new Managing Director of the bank. Mr. Chand’s appointment as Managing Director will be effective from June 1st, 2023. Prior to this, he was working as the Executive Director of the bank. With over 30 years of experience in the banking industry, Mr. Chand has…
Debadatta Chand named as new Managing Director of Bank of Baroda Debadatta Chand has been appointed as the new Managing Director of the Bank of Baroda by the Ministry of Finance. His appointment was approved by the Appointments Committee of the Cabinet. Chand, who was previously the Executive Director of the Bank of Baroda, will…
