Bank of Baroda Current Affairs, GK & News

Bank of Baroda launches Start-up Banking initiative

India’s leading Public sector bank, Bank of Baroda launched Start-up Banking initiative, to connect with start-up firms across the country. The initiative, which was launched simultaneously across 15 cities in the country, was inaugurated by Finance Secretary Rajiv Kumar. This initiative aims to connect with at least 2000 start ups and will offer customised products ..

Topics: Bank of Baroda • Public Sector Banks in India • Startups

Bank of Baroda signs MoU with Care Ratings to assess SMEs’ credit quality

Indian Public sector bank, Bank of Baroda recently signed an MoU with Indian credit rating agency, Care Ratings. The pact aims to assess credit quality of the small and medium enterprises (SME) customers of the bank. The rating agency is expected to evaluate the credit quality of the existing and potential SME customers of the ..

Topics: Bank of Baroda • Credit rating agencies • Small and Medium Enterprises

MD & CEO of BOI, Canara, and BOB Appointed

As per an order issued on Monday, 20th January 2020 by the Ministry of Personnel, Sanjiv Chadha, who was serving as the Deputy Managing Director in the State Bank of India has been appointed as the Managing Director and Chief Executive Officer of the country’s third-largest lender and public sector bank, Bank of Baroda (BOB). ..

Month: Current Affairs - January, 2020

Topics: Bank of Baroda • BANK OF INDIA • Canara Bank • Dena Bank • Ministry of Personnel • Punjab National Bank • State Bank of India • Vijaya Bank

IEPFA signs MoU with BOB for Investor Awareness

The Investor Education and Protection Fund Authority (IEPFA) and Bank of Baroda have signed a Memorandum of Understanding(MoU) for Investor Awareness at New Delhi on 4th December 2019. Investor Education and Protection Fund (IEPF) is for the protection of the interests of investors and for the promotion of investor’s awareness.IEPF was established by the Ministry ..

Category: Economy & Banking Current Affairs

Topics: Bank of Baroda • Government of India • Investor Education and Protection Fund • Memorandum of understanding • Ministry of Corporate Affairs

U GRO ink loan co-origination agreement with SBI

U GRO Capital has entered into a Small and Medium Enterprises (SME) loan co-origination agreement with the country’s largest lender State Bank of India (SBI) to increase loan disbursal and to maximize the credit outreach. GRO-Xstream is an indigenously developed proprietary technology platform of U GRO capital that will provide in-principle loan approval within 60 ..

Category: Economy & Banking Current Affairs

Topics: Bank of Baroda • co-origination • gro-xstream • SBI • SME • State Bank of India • u gro • U gro capital