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Home Uncategorized Bank of Baroda board committee approves raising funds

Bank of Baroda board committee approves raising funds

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BOB Bank New Update: Bank Of Baroda Launches NCMC RuPay Prepaid Card, Know What Are Its Other Benefits?

Bank of Baroda (BoB) will consider Q2 earnings on 29 October 2020. The bank posted a net loss of Rs 864.26 crore in Q1 June 2020 as against net profit of Rs 709.87 crore in Q1 June 2019. Total income declined 2.6% to Rs 20,312.44 crore in Q1 June 2020 over Q1 June 2019.



Bank of Baroda is a public sector bank. The Government of India held 71.60% stake in BoB as on 30 September 2020.

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Shares of Bank of Baroda rose 0.69% to Rs 43.50 on BSE. The scrip jumped 20.66% from its 52-week low of Rs 36.05 hit on 20 May 2020.

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