Bank of Baroda has revised the three-month MCLR to 8.25%.
The Reserve Bank of India has approved the appointment for a three-year term.
First bank to offer comprehensive set of digital solutions on a single platform.
The Bank’s gross advances grew by 19.1% to Rs1,71,043 crore from Rs1,43,638 crore as of December 31,2021.
Nifty PSU Bank was 4,384.15 up 0.81% and Nifty Private Bank at 22,103.40 up 0.47%.
A meeting of the Executive Committee of the Central Board of the Bank is scheduled to be held on Tuesday January 03, 2023.
At the day end, the shares of the company closed at Rs 363.85 on NSE and Rs 365 on BSE.
The IPO of Rs 1500 crore was entirely an offer for sale by promoter General Atlantic Singapore Fund Pte Ltd.
The interest rate on the RD account has been hiked by up to 75 basis points.
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