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Bank of Baroda to divest 49% in credit card arm BOB Financial Solutions

State-owned Bank of Baroda (BoB) plans to sell up to 49 per cent stake in credit card business arm BOB Financial Solutions Ltd.

Bank of Baroda Plans To Divest Up To 49% In Credit Card Arm

The bank has floated a Request for Proposal for roping in a strategic investor, and the process is expected to complete in one year, a senior bank official told PTI.

Bank of Maharashtra tops PSU lenders chart in profit and loan growth in FY23

State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage terms during 2022-23. The Pune-headquartered lender also recorded highest growth in profitability with bottom-line growing almost 126 per cent to Rs

Bank of Maharashtra Tops PSU Lenders Chart In Profit And Loan Growth In FY23

In absolute terms, aggregate loans of the country’s biggest lender SBI were nearly 16 times higher at Rs 27,76,802 crore.

Latest News | Bank of Maharashtra Tops PSU Lenders Chart in Profit and Loan Growth in FY23

Get latest articles and stories on Latest News at LatestLY. State-owned Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage terms during 2022-23. Latest News | Bank of Maharashtra Tops PSU Lenders Chart in Profit and Loan Growth in FY23.

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