Bank of Baroda on Wednesday said its capital raising committee will meet on November 18 to discuss and approve the issuance of debt instruments to raise tier-I and tier-II capital. “The meeting of capital raising committee of our bank is scheduled…to discuss and finalize the issuance of Tier I and Tier II debt capital instruments … Read more
New Delhi: Shares of (BoB) rallied as much as 12% during the early trade on Monday after it reported a strong performance in the September 2022 quarter on the back of a decline in bad loans and a rise in interest income. The state-owned lender reported a jump of 59% in its net profit to … Read more
“For , as of now there is zero trend as such till the time it shows any price action, which can confirm a trend change. It is still an ‘avoid’,” says Rahul Shah, VP-Equity Advisory, . Edited excerpts: Let us talk about the IT sector. No doubt, last week, the sector was majorly in focus … Read more
Indian markets pared gains and closed in the red on Thursday. The S&P BSE Sensex fell by more than 300 points while Nifty50 managed to hold on to 17,500 levels. Sectorally, buying was seen in realty, consumer durable, and public sector banks while selling was seen in IT, FMCG, and oil & gas. Stocks that … Read more
NEW DELHI: State-owned Bank of Baroda on Monday reported a standalone net loss of Rs 864 crore during the quarter ended June of the current fiscal year, due to higher provisions and contingencies. The bank had posted a net profit of Rs 710 crore in the same quarter a year ago. “On account of provisioning … Read more