Bank Of Baroda
Bank of Baroda says recent NMC settlement based on commercial considerations, anticipation of legal overhang
Bank of Baroda's $600 million settlement of the NMC Health litigation wiped out most of its Q1 profit, which fell 72% to ₹1,207 crore. The bank held its FY27 credit growth guidance steady despite 17.4% loan growth and rising FCNR inflows.
4 min read24 Jul 2026Bank of Baroda Q1 results: Profit comes at ₹1,278 crore; NII rises, NIM shrinks YoY
Bank of Baroda Q1 results: Profit stood at ₹1,278 crore. Net interest income saw a modest 9.5% YoY increase to ₹12,524 crore, while net interest margin declined to 2.77% from 2.91% YoY.
1 min read24 Jul 2026Bank of Baroda Q1 results Highlights: PSU Bank posts 72% decline in net profit at ₹1278 crore
Bank of Baroda Q1 results Highlights: PSU lender Bank of Baroda announced its earnings for the quarter ended June 2026 (Q1FY27) post market hours on Friday, July 24. It posted a standalone net profit of ₹1278.39 crore, down 72% from ₹4541.36 in the same quarter last year.
8 min read24 Jul 2026From money to matrimony, Bank of Baroda plans a lifestyle super app
India’s banks increasingly want to become everyday digital destinations rather than just places to save or borrow money. Bank of Baroda’s latest marketplace push, spanning matrimony, travel and commerce, underscores how lenders are using lifestyle services to drive future banking business.
5 min read9 Jul 2026Why is Bank of Baroda paying $600 million to settle a case?
While the bank has asserted that the settlement was reached without any admission of liability, it has revived allegations by NMC founder B.R. Shetty, who has long accused senior Bank of Baroda officials of colluding with former NMC executives in a fraud that caused the healthcare group’s collapse.
4 min read4 Jul 2026RBI slaps Bank of Baroda, GIC Housing Finance with ₹66.7 lakh penalty for non-compliance — Here's all you need to know
The Reserve Bank of India (RBI) has slapped the Bank of Baroda and GIC Housing Finance with a combined penalty of ₹66.7 lakh for non-compliance to its fair practices code for lenders and KYC guidelines.
2 min read3 Jul 2026Bank of Baroda pays $600 million to settle NMC Health litigation
The settlement resolves all claims between the parties without any admission of liability or wrongdoing by the bank, according to the filing. Apart from the settlement amount, the terms of the agreement remain confidential.
1 min read2 Jul 2026Centre plans HR overhaul at PSU banks to boost transparency, work culture
The move to reduce human interface in transfer and promotion processes across PSBs comes amid growing recognition that delays, opaque systems and rigid HR practices are hurting employee morale and institutional efficiency, and in extreme cases have been linked to suicides.
5 min read19 Jun 2026Bank of Baroda eyes $500 million dollar bond sale under RBI’s hedge window
The planned fundraising follows a successful $750 million dollar-bond sale by HDFC Bank earlier this week at a spread of 90 basis points over benchmark US Treasury yields.
4 min read18 Jun 2026India is said to weigh another mega merger, hike in FDI limit for public sector banks
The union finance ministry is said to form a new banking reforms committee to consolidate 12 public sector banks into five and raise foreign investment limits to 49%.
5 min read18 Jun 2026Wait for it…
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