Bank of Baroda will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live

The headline equity benchmarks pared early losses and traded with minor gains in mid-morning trade. The Nifty traded above the 25,300 level after hitting the day's low of 25,094.55 in early trade. PSU bank shares advanced after declining for the previous trading session. At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 211.74 points or 0.26% to 82,708.84. The Nifty 50 index rose 60.20 points or 0.24% to 25,310.30. In the broader market, the S&P BSE Mid-Cap index rose 0.11% and the S&P BSE Small-Cap index added 0.11%. The market breadth was positive. On the BSE, 2,096 shares rose and 1,633 shares fell. A total of 160 shares were unchanged. Economy : The HSBC India Services PMI survey, compiled by S&P Global, indicates strong sector performance, but total new business, international sales, and output have all increased at the slowest rates since late 2023. Despite solid job creation and strengthening business confidence, the Services Business Activity Index fell from 60.9 in August to 57.7 in September, still indicating growth above the neutral mark of 50.0. The slowdown in output growth, the lowest since November 2023, was influenced by intense competition, cost pressures, and shifts in consumer preferences toward online services. While new business intakes expanded sharply, their growth rate dropped to a ten-month low, and international sales growth weakened significantly, reflecting broader trends in private sector output. Buzzing Index : The Nifty PSU Bank index rose 1.66% to 6,789.05. The index fell 1.24% in the past trading session. Bank of Baroda (up 2.67%), Indian Bank (up 2.57%), Canara Bank (up 1.33%), Central Bank of India (up 1.16%), State Bank of India (up 0.77%), Punjab National Bank (up 0.65%), Union Bank of India (up 0.49%), Indian Overseas Bank (up 0.48%), Punjab & Sind Bank (up 0.37%) edged higher. On the other hand, Bank of India (down 0.7%), Bank of Maharashtra (down 0.33%) and UCO Bank (down 0.23%) edged lower. Bank of Baroda advanced 2.67% after the global business of the bank aggregated to Rs 25,06,809 crore as of 30 September 2024, up by 10.23% from Rs 22,74,148 crore as on 30 September 2023. Stocks in Spotlight : Suryoday Small Finance Bank (SFB) fell 1.59%. The bank's gross advances increased 35% to Rs to Rs 9,360 crore as on 30 September 2024, as compared to Rs 6,921 crore as on 30 September 2023. Global Markets: Asian stocks traded higher on Friday, following losses on Wall Street, with concerns over Middle East tensions keeping investors on edge in the run up to September's U.S. payrolls report. U.S. President Joe Biden warned that the U.S. was considering strikes on Iranian oil facilities in response to Tehran's missile attack on Israel. Meanwhile, Israel continued its military campaign against the Lebanese armed group Hezbollah, with new air strikes targeting Beirut. Investors were also closely watching the U.S. nonfarm payrolls report, which could provide further insights into the Federal Reserve's interest rate policy. U.S. stocks closed lower on Thursday, though they recovered from intraday losses. Traders remained cautious amid the ongoing Middle East conflict and the anticipation of the jobs report. The Dow Jones Industrial Average declined by 0.44%, the S&P 500 fell by 0.17%, and the Nasdaq Composite dropped by 0.04%. Powered by Capital Market - Live

The bank's global business has grown by 3.70% as compared to Rs 24,17,464 crore as on 31 March 2024. These figures were announced by the bank after market hours on Thursday. The global deposits of the public sector bank have increased by 9.11% to Rs 13,63,486 crore as on 30 September 2024 from Rs 12,49,647 crore. Domestic deposits accounted for 84% of the global deposit, down 200 basis points on YoY basis. BoB's global advances amounted to Rs 11,43,323 crore as on 30 September 2024, higher by 11.60% as compared with the same period last year. As of 30 September 2024, domestic advances and domestic retail advances of the bank stood at Rs 9,39,128 crore (up 12.51% YoY) and Rs 2,32,320 crore (up 19.95% YoY), respectively. Bank of Baroda is one of India's largest banks with a strong domestic presence spanning 8,266 branches and 10,419 ATMs and Cash Recyclers supported by self-service channels. The Bank has a significant international presence with a network of 84 overseas offices spanning 17 countries. As of 30 June 2024, Government of India held 63.97% stake in the bank. The bank had reported 9.53% increase in standalone net profit to Rs 4,458.15 crore in Q1 FY25 from Rs 4,070.07 crore in Q1 FY24. Total income increased by 7.49% YoY to Rs 32,115.95 crore in Q1 FY25. Powered by Capital Market - Live

Bank of Baroda announced that its Sydney, Australia Branch has concluded borrowing of AUD 200 million through Syndicated Term Loan Facility for tenure of 3 years.Powered by Capital Market - Live

Bank of Baroda in collaboration with EaseMyTrip.com announced the launch of the Bank of Baroda EaseMyTrip Co-branded Travel Debit Card, designed to cater to frequent travellers and entertainment & lifestyle enthusiasts. This is the first co-branded travel debit card to be launched by a public sector bank.Powered by Capital Market - Live

Bank of Baroda has reviewed and kept the Marginal Cost of Funds Based Lending Rate (MCLR) unchanged w.e.f. 12 September 2024 as under: Overnight - 8.15% One Month - 8.35% Three Month - 8.50% Six Month - 8.75% One Year - 8.95%Powered by Capital Market - Live

Bank of Baroda lost 0.48% today to trade at Rs 249.9. The BSE BANKEX index is down 0.25% to quote at 58225.71. The index is down 0.76 % over last one month. Among the other constituents of the index, Axis Bank Ltd decreased 0.37% and Federal Bank Ltd lost 0.36% on the day. The BSE BANKEX index went up 16.45 % over last one year compared to the 25.67% surge in benchmark SENSEX. Bank of Baroda has lost 2.34% over last one month compared to 0.76% fall in BSE BANKEX index and 0.52% rise in the SENSEX. On the BSE, 17140 shares were traded in the counter so far compared with average daily volumes of 10.96 lakh shares in the past one month. The stock hit a record high of Rs 298.45 on 03 Jun 2024. The stock hit a 52-week low of Rs 186.45 on 01 Sep 2023.Powered by Capital Market - Live

Bank of Baroda is up for a third straight session today. The stock is quoting at Rs 253.8, up 2.61% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.57% on the day, quoting at 24712.8. The Sensex is at 80888.47, up 0.58%. Bank of Baroda has gained around 0.32% in last one month. Meanwhile, Nifty Bank index of which Bank of Baroda is a constituent, has gained around 2.55% in last one month and is currently quoting at 50368.35, up 1.15% on the day. The volume in the stock stood at 137.14 lakh shares today, compared to the daily average of 177.49 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 253.9, up 2.44% on the day. Bank of Baroda is up 32.95% in last one year as compared to a 27.43% jump in NIFTY and a 15.79% jump in the Nifty Bank index.The PE of the stock is 7.04 based on TTM earnings ending June 24.Powered by Capital Market - Live

Bank of Baroda announced that CRISIL Ratings has assigned its 'CRISIL AAA/Stable' rating to the Rs 10,000 crore infrastructure bonds of Bank of Baroda (BoB) and has reaffirmed its rating on the bank's existing debt instruments at 'CRISIL AAA/CRISIL AA+*/Stable'. * Tier I BondsPowered by Capital Market - Live

Bank of Baroda announced that India Ratings & Research has assigned Bank of Baroda's Infrastructure and Affordable Housing Bonds 'IND AAA'/Stable. Further, the rating agency has affirmed the Bank's existing ratings. Powered by Capital Market - Live