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BoB reports muted growth in Q4 profit at ₹4,886 crore - The Hindu BusinessLine

BoB reports muted growth in Q4 profit at ₹4,886 crore - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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RBI MPC 2024: Can the Indian central bank precede US Fed in cutting rates?

RBI s Monetary Policy Committee (MPC) meeting is expected to keep the key policy rate unchanged for the sixth consecutive time ....

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Israel-Hamas war: Transmission of global inflation to India will be restricted to mainly crude oil, says BoB Chief Economist

Israel-Hamas war: Transmission of global inflation to India will be restricted to mainly crude oil, says BoB Chief Economist
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Elkerülhető lett volna Budapest elpusztítása?

Elkerülhető lett volna Budapest elpusztítása?
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Bank of Baroda plans to raise up to ₹4,000 crore via QIP - The Hindu BusinessLine

Bank of Baroda plans to raise up to ₹4,000 crore via QIP
January 27, 2021
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Bank of Baroda (BoB) is planning to raise ₹2,000 crore to ₹4,000 crore via a qualified institutions placement (QIP) in the current quarter ending March 31, 2021.
Sanjiv Chadha, MD & CEO, said: “We are looking at accessing the market in the current quarter for a QIP, which might be in the ₹2,000 crore to ₹4,000 crore range.”
Chadha believes BoB’s capital position remains satisfactory as it has already raised about ₹3,700 crore by way of Additional Tier-1 (AT-1) bonds as against ₹4,500 crore it had targeted.
The BoB chief emphasised that if internal accruals and AT-1 inflows are added back (they are not added back in the third quarter as per accounting norms), the Bank’s capital adequacy ratio would have been at 13.41 per cent, which is pretty much the same level at which it had started the current financial year. ....

Sanjiv Chadha , Bob Chief , சஞ்சீவ் சதா , பாப் தலைமை ,