BANKBARODA

March 30 (Reuters) - Bank of Baroda Ltd BOB.NS:

• BANK OF BARODA LTD - INFUSES 5 BILLION RUPEES IN BOB SECURITIES & GILTEDGE LIMITED

Source text: ID:nBSEbk2Yg2

Further company coverage: BOB.NS

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March 17 (Reuters) - Mangalam Drugs And Organics MADR.NS:

• DEFAULTED ON LOAN OBLIGATIONS TO BANK OF BARODA, BANK OF MAHARASHTRA

Source text: ID:nnAZN4SLOGL

Further company coverage: BMBK.NS

((Reuters.Briefs@thomsonreuters.com;;))

March 13 (Reuters) - Bank of Baroda Ltd BOB.NS:

• INCORPORATED SUBSIDIARY BOB SECURITIES & GILTEDGE

Source text: ID:nBSEqjrzH

Further company coverage: BOB.NS

((Reuters.Briefs@thomsonreuters.com;;))

March 10 (Reuters) - Bank of Baroda Ltd BOB.NS:

• BANK OF BARODA LTD - KEEPS ONE YEAR MCLR UNCHANGED WITH EFFECT MARCH 12

Source text: ID:nBSE7xkgDZ

Further company coverage: BOB.NS

((Reuters.Briefs@thomsonreuters.com;))

By Dharamraj Dhutia and Khushi Malhotra

MUMBAI, March 5 (Reuters) - Robust demand from long-term investors for an Indian state-run lender's mega infrastructure bond issue this week has prompted two others to tap the market before the end of the financial year, three sources familiar with the matter said on Thursday.

Bank of India BOI.NS and Punjab National Bank PNBK.NS are among lenders that could issue infrastructure bonds over the next three weeks.

Bank of India could raise up to 100 billion rupees ($1.09 billion), while PNB will consider a 20-50 billion-rupee issue, the sources added, requesting anonymity as they're not authorised to speak to the media.

The lenders did not reply to Reuters' emails seeking comment.

Earlier this week, Bank of Baroda BOB.NS raised 100 billion rupees through seven-year infra bonds at a 7.10% coupon, below the 7.25% level that the market had expected, signalling elevated demand for the issue.

"Nearly 60%-70% of Bank of Baroda's bond was absorbed by a large state-run provident fund, and its peers are anticipating a similar response to their issuances," one of the sources said.

"Had it not been for the PF bids, the cutoff could have easily have been closer to 7.25%."

Infrastructure bonds are used by banks to finance long-term development projects.

Three Indian lenders have raised an aggregate 250 billion rupees through these bonds so far this financial year, sharply lower than 892 billion rupees raised in the previous fiscal.

Bank of Baroda is only the third lender to raise this quantum of funds after Bank of India and Axis Bank AXBK.NS.

Bankers said that a lack of sufficient supply of such notes during the financial year could lead to stronger demand for the next few issuances as investors seek to meet their exposure requirements.

($1 = 91.5550 Indian rupees)

(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema)

((Dharamraj.Dhutia@thomsonreuters.com;))

MUMBAI, March 4 (Reuters) - India's Bank of Baroda BOB.NS has accepted bids worth 100 billion Indian rupees ($1.08 billion) for green infrastructure bonds maturing in seven years, three bankers said on Wednesday.

The state-run lender will pay an annual coupon of 7.10% and had invited coupon and commitment bids for the issue earlier in the day, they said.

Green bonds are used to finance infrastructure projects that deliver environmental benefits.

The lender did not reply to a Reuters email seeking comment.

Here is the list of deals reported so far on March 4:

*Size includes base plus greenshoe for some issues

($1 = 92.2400 Indian rupees)

(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Ronojoy Mazumdar)

((Dharamraj.dhutia@tr.com))

MUMBAI, Feb 27 (Reuters) - India's Bank of Baroda BOB.NS plans to raise 100 billion rupees ($1.1 billion) through the sale of green infrastructure bonds maturing in seven years, three bankers said on Friday.

The state-run lender has invited coupon and commitment bids for the issue on Wednesday, they said.

Green bonds are used to finance infrastructure projects that deliver environmental benefits.

Here is the list of deals reported so far on February 27:

*Size includes base plus greenshoe for some issues

($1 = 90.9490 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)

((Dharamraj.dhutia@tr.com))

Feb 26 (Reuters) - India's federal investigating agency said on Thursday it has opened a second criminal case against industrialist Anil Ambani and his company Reliance Communications RLCM.NS following a complaint from Bank of Baroda BOB.NS over alleged diversion of loans exceeding 22.20 billion rupees ($244.21 million).

The Central Bureau of Investigation said various documents related to the loan transactions have been recovered as part of its searches at Ambani's house and the company's offices.

The account books of Reliance Communications "were manipulated and irregularities concealed", the agency said.

A spokesperson for Anil Ambani, Reliance Group and Bank of Baroda did not immediately respond to Reuters requests for comment.

Last year, the agency opened its first criminal case against Ambani and the company based on a complaint from India's largest bank, State Bank of India SBI.NS, over alleged fraud.

($1 = 90.9070 Indian rupees)

(Reporting by Nishit Navin in Bengaluru)

((Nishit.Navin@thomsonreuters.com;))

Feb 10 (Reuters) - Bank of Baroda Ltd BOB.NS:

• BANK OF BARODA - REVISES ONE YEAR MCLR TO 8.70%, EFFECTIVE FEB 12

Source text: [ID:]

Further company coverage: BOB.NS

((Reuters.Briefs@thomsonreuters.com;))

Feb 9 (Reuters) - Bank of Baroda Ltd BOB.NS:

• BANK OF BARODA LTD - NOTICE OF STRIKE BY AIBEA, AIBOA, AND BEFI

• BANK OF BARODA LTD - STRIKE SCHEDULED FOR FEBRUARY 12, 2026

• BANK OF BARODA LTD - FUNCTIONING OF BRANCHES MAY BE AFFECTED BY STRIKE

Source text: ID:nBSEcfXhQY

Further company coverage: BOB.NS

((Reuters.Briefs@thomsonreuters.com;))

Jan 30 (Reuters) - Bank of Baroda Ltd BOB.NS:

• BANK OF BARODA LTD - DEC-QUARTER NET PROFIT 50.55 BILLION RUPEES

• BANK OF BARODA Q3 GROSS NPA 2.04%

• BANK OF BARODA Q3 INTEREST EARNED 317.5 BILLION RUPEES

• BANK OF BARODA Q3 PROVISIONS & CONTINGENCIES 7.99 BILLION RUPEES

Further company coverage: BOB.NS

((Reuters.Briefs@thomsonreuters.com;))

Jan 23 (Reuters) - Bank of Baroda Ltd BOB.NS:

• BANK OF BARODA LTD - TO CONSIDER FUND RAISING VIA LONG TERM BONDS

Source text: ID:nBSE6FGYmG

Further company coverage: BOB.NS

((Reuters.Briefs@thomsonreuters.com;))

Jan 9 (Reuters) - Bank of Baroda Ltd BOB.NS:

• RECEIVES RBI APPROVAL TO TRANSFER PRIMARY DEALER AUTHORIZATION TO UNIT

Source text: ID:nBSE2fTgpX

Further company coverage: BOB.NS

((Reuters.Briefs@thomsonreuters.com;))

Adds Kotak Mahindra Bank's loan growth number in paragraph 10, shares as of close in paragraph 6; changes media packaging code

Jan 5 (Reuters) - Indian lenders such as HDFC Bank HDBK.NS, Kotak Mahindra Bank KTKM.NS and Bank of Baroda BOB.NS logged improved loan growth in the December quarter, data showed, signalling a rebound in credit demand in the world's fastest-growing major economy.

Overall loan growth had slowed sharply in mid-2025 due in part to stricter regulations, but recovered strongly since, with analysts citing festive period spending and the government's consumption tax cuts among factors pushing up growth.

Growth in bank credit decelerated to 9.9% year-on-year in the quarter ended June, data from central bank reports showed, from 11.1% in the quarter ended March. It grew 11.5% in November, the latest monthly data available showed.

"Overall systemic credit growth is showing signs of improvement, at 11.4% year-on-year now from a low of about 9% in May 2025," said brokerage Emkay in a note.

Within retail credit, secured gold loans and vehicle financing are emerging as key growth engines for now, Emkay added.

Since October, the Nifty Bank index .NSEBANK gained more than 10%, while the broader benchmark Nifty 50 .NSEI rose 7%. On Monday, the banking sub-index gave up initial gains to close 0.2% lower, against a 0.3% drop in Nifty 50.

Gross loans at HDFC Bank, India's top private lender, rose 11.9% in the December quarter, outpacing growth of 9.9% and 6.7% in quarters ended September and June, respectively.

The bank merged with its parent HDFC in July 2023, adding a significant pool of loans but a smaller volume of deposits. This created pressure for the lender to either raise deposits or ease loan growth.

Kotak Mahindra Bank reported a 16% rise in net advances for the quarter ended December 31 - its fastest growth so far in the current financial year. State-run Bank of Baroda's loan growth also rose, with global advances rising 14.6% as of December-end, up from 11.9% at the end of September and 12.6% at June-end.

Smaller peers CSB Bank CSBB.NS reported a 29% increase in gross advances in the quarter, while AU Small Finance Bank's AUFI.NS loans were up 24% in the same period.

Other marquee names such as ICICI Bank ICBK.NS, Axis Bank AXBK.NS and State Bank of India SBI.NS are yet to report numbers.

"Loan growth and deposit growth gap is widening again... and loan-to-deposit ratio at 81.6% is now at an all-time high," said Macquarie Research.

A persistent gap can inhibit banks' ability to cut deposit rates, the brokerage said.

($1 = 89.9940 Indian rupees)

(Reporting by Hritam Mukherjee, Meenakshi Maidas and Nishit Navin; Editing by Sherry Jacob-Phillips, Janane Venkatraman and Harikrishnan Nair)

((Nishit.Navin@thomsonreuters.com;))

Dec 10 (Reuters) - Bank of Baroda Ltd BOB.NS:

• BANK OF BARODA - GETS RBI APPROVAL TO HOLD SHARES IN EXCESS OF 30% IN PROPOSED INDIAN DIGITAL PAYMENT INTELLIGENCE CORPORATION

Source text: ID:nBSE664M0n

Further company coverage: BOB.NS

((Reuters.Briefs@thomsonreuters.com;;))

** Shares of state-owned lender Bank of Baroda BOB.NS rise as much as 3.07% to 272.05 rupees, a 15-month high

** BOB is top gainer in public sector bank index .NIFTYPSU, which is up 0.5%

** Global business of BOB rises 10.47% year-on-year to 27.79 trillion rupees ($313.05 billion), as of September 30, 2025

** Global advances and deposits jump 11.9% and 9.28% Y/Y to 12.79 trillion rupees and 15 trillion rupees, respectively

** The growth trends in both loans and deposits improved in compared to the previous quarter, says Ankit Bihani, analyst at Nomura

** Average rating of 32 analysts tracking BOB is a "buy"; the median price target is 280 rupees - data compiled by LSEG

** BOB up 10% YTD, lagging the 16% rise in NIFTYPSU

($1 = 88.7710 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))

By Dharamraj Dhutia

MUMBAI, Oct 3 (Reuters) - At least four major state-owned Indian banks have increased their internal limits for investing in state bonds following discussions with the Reserve Bank of India last month, according to five treasury officials aware of the decisions.

Bank of Baroda BOB.NS, Punjab National Bank PNBK.NS, Canara Bank CNBK.NS and Union Bank of India UNBK.NS - among India's top five government-owned lenders by assets - have raised their investment caps by 5 to 20 percentage points, the sources said.

"Most of the top five-six banks barring one have raised the internal cap that they had set for taking exposure to state debt in treasury books after a round of consultations and meetings with the central bank," one of the officials said.

The sources requested anonymity as they are not authorised to speak to media. The banks did not respond to emailed queries.

Indian banks, including both private and public sector entities, are significant buyers of state-issued bonds, collectively holding nearly 36% of states' debt as of June, according to regulatory data.

BORROWING COST RELIEF

Indian states are projected to raise a record 12 trillion rupees ($135.2 billion) through bond issuances in the current financial year, with 7 trillion rupees expected between October and March.

Reduced buying by banks, insurers, and pension funds had driven yields on state bonds higher by 40 to 70 basis points during the three months ending September, with several auctions undersubscribed.

Market participants now anticipate improved bank participation at auctions, which could ease yields. Banks had also sought changes to the auction process to mitigate mark-to-market losses on their portfolios.

($1 = 88.7600 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)

((Dharamraj.Dhutia@thomsonreuters.com;))

Sept 5 (Reuters) - Bank of Baroda Ltd BOB.NS:

• ANIL AMBANI CATEGORICALLY DENIES ALL ALLEGATIONS, CHARGES MADE BY BANK OF BARODA - STATEMENT

Source text: [ID:]

Further company coverage: BOB.NS

((reuters.briefs@thomsonreuters.com;))

Aug 11 (Reuters) - Bank of Baroda Ltd BOB.NS:

• ONE YEAR MCLR REVISED TO 8.80% EFFECTIVE AUGUST 12

Further company coverage: BOB.NS

((Reuters.Briefs@thomsonreuters.com;))

July 25 (Reuters) - Bank of Baroda Ltd BOB.NS:

• BANK OF BARODA EXEC: TARGETING 9-10% GROWTH FOR FULL YEAR IN CORPORATE LOANS

Source text: [ID:]

Further company coverage: BOB.NS

((reuters.briefs@thomsonreuters.com;))

By Ashwin Manikandan

July 18 (Reuters) - India's central bank is close to finalising rules for banks and financial institutions to disclose and manage risks from climate change, three sources aware of the matter said.

The move runs counter to several top global banks including JP Morgan, Citibank, Morgan Stanley and HSBC, which have decided to scale back their climate commitments with the re-election of climate-sceptic U.S. President Donald Trump being seen as a trigger.

Getting a better idea of how, and to what extent, money is flowing to green investments is a central part of global efforts to move to a low-carbon economy, with countries from the UK to Japan making such disclosures mandatory.

The Indian central bank's norms, which have been in the works since 2022, are expected to ask banks and financial institutions to make regular disclosures about climate-related risks in their loan portfolios along with mitigation strategies and targets, the sources said.

The disclosures are likely to be on a voluntary basis from fiscal year 2027 and then mandatory from fiscal year 2028. India's financial year runs from April till March.

Banks will also be asked to conduct periodic stress tests to gauge the impact of adverse climate events such as floods, heatwaves and cyclones on borrowers and the economy, based on a guidance note which the central bank is also likely to issue soon, the sources added.

All three sources requested anonymity as they are not authorised to speak with media.

The RBI did not respond to an email from Reuters.

The central bank's decision to move forward with the rules has not been previously reported.

The Reserve Bank of India has previously recognised climate change as a source of major financial concern, and released a draft standard disclosure framework in February 2024 for public feedback.

“The signal from the central bank based on recent meetings is that the detailed norms are almost finalised and are expected very soon,” the first source said.

Many banks have already started collating data and setting targets to meet the disclosure standards, the source said.

Some large banks have put out tenders to bring in climate consultants to help them with the disclosures, according to public documents.

ASSESSING BORROWERS FOR CLIMATE RISK

The RBI's decision to move ahead with climate disclosures for its banks comes soon after India released a draft framework aimed at facilitating a greater flow of resources to climate-friendly sectors.

India is also gearing up to publish a new national emissions-reduction target ahead of the next round of global climate talks in Brazil in November.

India, the world's third largest polluter behind China and the United States, currently aims to achieve a net zero emissions target by 2070.

As part of the central bank's climate disclosure rules, banks will be required to calculate gross emissions of borrowers and disclose this information by asset classes and industries, according to the draft norms.

Such disclosures are expected to be included in their financial statements.

Separately, the central bank has also shared a 52-page draft note with large banks, a copy of which Reuters has reviewed, prescribing a methodology to forecast and analyse the impact of adverse climate events as well as transition risks on borrowers' ability to repay loans.

The transition risks are those which emerge from the changing consumer behaviour, policy and technology changes, as the world moves towards a low-carbon economy, as per the note.

While banks are preparing to disclose climate risk embedded in their loan portfolios, they do not expect these disclosures to impact loan pricing in the short term.

"As of now we don't have enough granular data to reliably price in these risks in our portfolios, but the long-term approach could be in that direction," said the second source, who is a banker at a state-owned lender.

(Reporting by Ashwin Manikandan; Editing by Ira Dugal and Kim Coghill)

((Ashwin.Manikandan@thomsonreuters.com;))

July 8 (Reuters) - Bank of Baroda Ltd BOB.NS:

• BANK OF BARODA LTD - EMPLOYEE UNIONS HAVE SERVED NOTICE OF STRIKE TO INDIAN BANKS' ASSOCIATION FOR JULY 9

• BANK OF BARODA- IN EVENT STRIKE MATERIALIZES, FUNCTIONING OF BRANCHES, OFFICES MAY BE AFFECTED

Source text: [ID:]

Further company coverage: BOB.NS

((Reuters.Briefs@thomsonreuters.com;;))

July 3 (Reuters) - Bank of Baroda Ltd BOB.NS:

• BANK OF BARODA LTD - GLOBAL DEPOSITS GREW BY 9.13% YOY TO 14.36 TRILLION RUPEES AS OF 30TH JUNE 2025

• BANK OF BARODA LTD - GLOBAL ADVANCES AS ON JUNE 30 UP 12.63% Y/Y

Source text: ID:nBSE2WRxF0

Further company coverage: BOB.NS

((Reuters.Briefs@thomsonreuters.com;;))

May 26 (Reuters) - Bank of Baroda Ltd BOB.NS:

• BANK OF BARODA LTD - L SRIDHAR INUMELLA V APPOINTED AS CFO

Source text: ID:nBSE9GZXpp

Further company coverage: BOB.NS

((Reuters.Briefs@thomsonreuters.com;))

April 10 (Reuters) - Bank of Baroda Ltd BOB.NS:

• BANK OF BARODA LTD - ONE YEAR MCLR REMAINS UNCHANGED AT 9.00%

Source text: ID:nBSE5vbK2

Further company coverage: BOB.NS

((reuters.briefs@thomsonreuters.com;))

** Bank of Baroda BOB.NS largely resists sell-off in Nifty PSU Bank index .NIFTYPSU; down 0.7% to 240 rupees

** Stock among smallest losers on NIFTYPSU, which is down ~2%

** UBS upgrades to "buy" from "neutral"; raises TP to 290 rupees from 270 rupees

** Says improving loan growth outlook aiding earnings growth despite bank's poor performance in past quarters on weak net interest income growth

** Expects 12% loan growth over FY25-FY27, with modest net interest margin compression

** Adds BOB corrected 16% in last one year, making its valuations attractive

** Stock rated "buy" on avg; median PT is 272.50 rupees, per data compiled by LSEG

** BOB down 2.7% YTD

(Reporitng by Nishit Navin)

((nishit.navin@thomsonreuters.com;))

** Shares of Bank of Baroda BOB.NS up 2.6% at 237.60 rupees

** Bank's global advances grew 12.9% y/y to 12.31 trln rupees ($143.9 bln) as of March 31, as per provisional figures

** Global deposits rose 10.3% y/y to 14.72 trln rupees as of March 31

** Stock set to gain for third straight session

** BOB down ~1% YTD

($1 = 85.5440 Indian rupees)

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

** Shares of state-owned lender Bank of Baroda BOB.NS rise 5% to 231.3 rupees

** BOB is the top gainer in public sector bank index .NIFTYPSU, which is up 2.5%

** Citi Research reiterates "buy" on BOB and expects share price to gain 36.3% in the next three months

** Says BOB's advances growth will be at the higher end of the guidance and net interest margins will stabilise

** Expects BOB's loan growth to sustain its momentum, while slippages are expected to be under control due to minimal corporate street and favourable rural demand

** The average rating of 29 analysts tracking BOB is "buy"; the median price target is at 274 rupees

** BOB shares are down 4% in 2025 so far, mirroring the drop in NIFTYPSU

(Reporting by Bharath Rajeswaran in Bengaluru)

((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))

March 10 (Reuters) - Bank of Baroda Ltd BOB.NS:

• BANK OF BARODA LTD ONE-YEAR MCLR REMAINS UNCHNAGED AT 9%

Source text: ID:nBSE9gwH5c

Further company coverage: BOB.NS

((Reuters.Briefs@thomsonreuters.com;))