THEBUSINESSBYTES BUREAU MUMBAI, SEPTEMBER 2, 2025 Bank of Baroda, one of India’s leading public sector banks, has launched “bob Digi Udyam”, a cash flow-based, collateral-free digital financing platform designed to provide quick and seamless working capital loans to Micro and Small Enterprises (MSEs). Under the scheme, MSEs can avail loans ranging from ₹10 lakh to ₹50 lakh, with a tenure ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 30, 2025 Reaffirming its commitment to inclusive economic development, Bank of Baroda, one of India’s leading public sector banks, has significantly boosted financial support to the Micro, Small & Medium Enterprises (MSME) and Agriculture sectors in Odisha. Marking the occasion of World MSME Day (June 27), the Bank announced that it had sanctioned over ₹5,000 crore ...

Cuttack, July 19, 2024 (TBB Bureau): Bank of Baroda, one of India’s premier public sector banks, has taken a significant step in enhancing its presence in the semi-urban regions of Odisha with the inauguration of its latest branch in Choudwar, Cuttack. This strategic move marks BoB’s 20th semi-urban branch in the Cuttack Region and the 61st in the state of ...

Mumbai, July 15, 2024 (TBB Bureau): Public sector lender Bank of Baroda (BoB) has launched the BoB Monsoon Dhamaka Deposit Scheme, a new term deposit product aimed at offering enhanced interest rates. This scheme provides two distinct tenors: 7.25% per annum for 399 days and 7.15% per annum for 333 days, applicable to retail deposits below Rs 3 crore. Senior ...

Mumbai, June 11, 2024 (TBB Bureau): Bank of Baroda (Bank), one of India’s leading public sector banks, has announced the launch of a nationwide online hackathon on Generative Artificial Intelligence (GenAI), in collaboration with Microsoft. The hackathon aims to inspire participants to develop innovative solutions using GenAI technology to address specific business areas defined by the Bank. The top three ...

Mumbai, May 10, 2024 (TBB Bureau): In a resounding testament to its financial prowess, Bank of Baroda (BoB) on Friday unveiled its financial report for FY2023-24 (FY24), showcasing a remarkable 26.1 per cent surge in net profit to an impressive Rs 17,789 crore. The bank’s fourth-quarter standalone net profit stood at Rs 4,886 crore, a testament to its resilience amidst ...

TBB BUREAU MUMBAI, NOV 30, 2023 Bank of Baroda (BoB) on Thursday announced the introduction of the BOB Parivar Account for Savings and Current Accounts. The ‘My Family, My Bank’ segment, which has been launched as a part of the Bank’s “BOB Ke Sang Tyohaar Ki Umang” festive campaign, groups all the bank accounts belonging to members of a single ...

TBB BUREAU MUMBAI, OCT 9, 2023 Public sector lender Bank of Baroda (BoB) on Monday announced an increase in interest rates on domestic retail term deposits, including NRO and NRE term deposits, by up to 50 basis points across various tenors up to three years. These rates are applicable on deposits below Rs 2 crore with effect from October 9, ...

TBB BUREAU RANCHI, SEPT 25, 2023 Bank of Baroda (BoB) has expanded its footprint in Jharkhand by inaugurating its new Regional Office in Ranchi and opening a new branch -its 122nd branch – in Gurdari Village in a remote location in Gumla district of the State. BoB Executive Director Joydeep Dutta Roy inaugurated the Regional Office in Ranchi, while the ...

TBB BUREAU MUMBAI, SEPT 20, 2023 Bank of Baroda (BoB), one of India’s leading public sector banks, on Wednesday announced that it has enabled UPI LITE – Small Value on Device Wallet. UPI LITE is a wallet that allows users to make instant, small value digital payments with only one tap without the use of a UPI PIN. UPI LITE ...

TBB BUREAU PUNE, SEPT 18, 2023 Bank of Baroda (BoB) was awarded the second prize under the ‘Rajbhasha Kirti Puraskar’ Scheme of the Government of India for the year 2022-23 in the Nationalized Banks category. BoB Managing Director & Chief Executive Officer Debadatta Chand received the award during the Hindi Diwas Celebration-2023 and third All India Official Language Conference held ...

TBB BUREAU MUMBAI, SEPT 12, 2023 As the much-awaited festive season begins, Bank of Baroda (Bank), one of India’s leading public sector banks, today announced the launch of “BOB Ke Sang Tyohaar Ki Umang” festive campaign, which will run up to 31st December, 2023. Bank of Baroda’s festival offers include the launch of 4 new savings accounts with a host ...

TBB BUREAU MUMBAI, AUG 16, 2023 Bank of Baroda celebrated India’s 77th Independence Day on Tuesday with a wide range of initiatives nationwide. Bank of Baroda (BoB) Managing Director & CEO Debadatta Chand said, “As we celebrate India’s 77th Independence Day, Bank of Baroda reaffirms its commitment to the nation. The Bank has been a steadfast partner, supporting the country’s ...

TBB BUREAU MUMBAI, MAY 10, 2023 Bank of Baroda (Bank), one of India’s leading public sector banks, announced the launch of Electronic Bank Guarantee (e-BG) on its Baroda INSTA platform, in partnership with National E-Governance Services Limited (NeSL), which offers a platform for the issuance of Inland BGs through electronic mode. NeSL is India’s first and only Information Utility and ...

TBB BUREAU NEW DELHI, NOV 10, 2022 Bank of Baroda on Thursday said it has increased its marginal cost of funds based lending rate by up to 15 basis points (bps) across tenors. The lender has approved the revision in marginal cost of funds based lending rate (MCLR) with effect from November 12, 2022, Bank of Baroda said in a ...

TBB BUREAU NEW DELHI, AUGUST 24, 2022        Bank of Baroda on Wednesday announced the launch of the bob World Yoddha Debit Card on the RuPay platform, especially for the Indian Armed Forces. As India marks 75 years of Independence, the premium and feature-rich RuPay Select Debit Card is a special offering, designed to meet the needs of the country’s ...

TBB BUREAU MUMBAI, AUGUST 16, 2022 Bank of Baroda on Tuesday announced the launch of the Baroda Tiranga Deposit Scheme, a special term deposit product offering higher interest rates. The Baroda Tiranga Deposits are available in two tenor variants – offering interest rates of 6 per cent per annum for a period of 555 days, and 5.75 per cent per ...

TBB BUREAU BHUBANESWAR AUGUST 1, 2022 Clix Capital (Clix) has entered into an exclusive co-lending partnership dedicated to healthcare financing, with Bank of Baroda, one of India’s leading public sector banks. Under the partnership, Clix and Bank of Baroda will provide loans at affordable rates in the healthcare equipment space, across Tier 2 cities and beyond. This collaboration will enable ...

TBB BUREAU MUMBAI, MAY 9, 2022 Bank of Baroda (Bank), one of India’s leading public sector banks and named the Best Technology Bank by Indian Banks’ Association (IBA), on Monday announced the launch of an end-to-end Digital Platform to facilitate co-lending of loans in partnership with NBFCs. The platform provides seamless integration between the Bank and multiple NBFC partners to ...

TBB BUREAU MUMBAI, NOV 2, 2021 State-owned Bank of Baroda (BoB) on Tuesday signed a memorandum of understanding with NCDEX e Markets Ltd to become a “Clearing Bank” for handling financial transactions for NeML market place and procurement/auction platform. The MoU was signed by NeML MD & CEO Mrugank Paranjape and BoB Mumbai Zone Head Jagdish Tungaria. NCDEX e Markets ...

TBB BUREAU MUMBAI, OCT 7, 2021 Bank of Baroda (BoB), India’s premium public sector bank, on Thursday announced reduction of 25 bps in its home loan rates from 6.75 per cent to 6.50 per cent with effect from today.  With the onset of festive season and to make home buying more affordable for customers, BoB has extended this offer and ...

TBB BUREAU MUMBAI, SEPT 21, 2021 India’s third-largest public sector bank Bank of Baroda (BoB) and Maharatna company Bharat Petroleum Corporation Limited (BPCL) have announced the launch of BoB BPCL RuPayNCMC Platinum International co-branded Contactless Debit Card. This personalised RuPay platinum international debit card comes with various benefits including 5% cashback upto INR 50 on the first 2 transactions at ...