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Govt to infuse Rs 5,042 crore into BoB

Thursday, March 28, 2019, 1:11 PM

The government has decided to infuse Rs 5,042 crore into state-owned Bank of Baroda (BoB) ahead of merger of Dena Bank and Vijaya Bank with itself. The merger would be effective April 1. The finance ministry through its notification conveyed its decision to infuse capital of Rs 5,042 crore in BoB, the bank said in a regulatory filing.
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BoB launches creche/daycare facility for children of employees

Tuesday, March 12, 2019, 3:06 PM

Bank of Baroda has become one of the first public sector banks to launch a crche/child daycare facility for children of its employees. After launching such a facility at its Mumbai corporate office in Bandra Kurla Complex which houses some 1500-plus employees, the bank intends to roll out more of them at its head office in Vadodara.
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PNB ranks highest in 'reforms agenda' in 2018: Study

Thursday, February 28, 2019, 5:41 PM

Fraud-hit Punjab National Bank has been ranked first among public sector banks in the implementation of 'reforms agenda', followed by Bank of Baroda and State Bank of India, said a report Thursday. The BCG-IBA report EASE Reforms for Public Sector Banks - measures performance of each PSB on 140 objective metrics across 6 themes, including customer responsiveness, credit off-take and digitalisation.

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