Bank of Baroda

Boosting MSMEs And Ensuring Balanced Growth, Say Banking Leaders

23 Jul 2024

New Delhi: Finance Minister Nirmala Sitharaman presented the Union Budget 2024 on Tuesday, highlighting the Modi govt 3.0’s priorities across multiple sectors. Banking leaders express optimism over the Union Budget 2024's focus on MSMEs, agriculture, skill development, and regional development, highlighting positive impacts on credit accessibility, employment, and economic growth....

ED Raids Mandhana Industries In Rs 975 Crore Bank Fraud Case

28 Jun 2024

Bank of Baroda, leading a consortium of banks, filed a complaint with the CBI alleging that the accused individuals defrauded the banks of Rs 975.08 crore. The Enforcement Directorate (ED) in Mumbai conducted searches at 12 locations linked to Mandhana Industries Ltd in connection with a money laundering case related...

Bank of Baroda Reports Drop in Capex Use in Election Months

15 Apr 2024

Bank of Baroda's report suggests that both the government and corporate sectors adopt a cautious approach towards capital expenditure during election months. Economist Jahnavi Prabhakar's study examined macroeconomic indicators during the 2019 election cycle and compared them to the current calendar year, particularly focusing on the April-May period when elections...

Home Loans Rising with Real Estate in India: A Report from Techmagnate

21 Feb 2024

A comprehensive report from Techmagnate, a leading digital marketing agency, reveals key insights about home loan search trends. Interest in home loans is increasing as more individuals strive to purchase their dream homes. However, comprehending the home loan process can be challenging for many. Consequently, more customers are turning to...

SpiceJet offers Joint Bid To Acquire ‘Go First’

17 Feb 2024

SpiceJet promoter Ajay Singh, in collaboration with Busy Bee Airways Pvt Ltd, has made a bid to acquire Go First, the troubled carrier. The bid, considered a "significant strategic move," envisions reshaping the Indian aviation sector. Singh, submitting the bid personally, outlines that SpiceJet would be the operating partner for...

Sunny Deol’s Juhu property have been questioned by Congress for withdrawing e-auction notice

21 Aug 2023

Senior Congress politician Jairam Ramesh raised doubts on Monday when the Bank of Baroda canceled the "E-Auction Sale Notice" of a residence owned by BJP MP Sunny Deol citing "technical reasons," asking "who triggered these technical reasons?" The country got to know afternoon that the Bank of Baroda has placed...