Bank Of Baroda News - Latest Updates & Headlines
Private, Govt investment plans in January-March surged to record Rs 18.9 lakh crore
New Delhi, April 20: There has been a significant jump in the number of investment projects announced in the January-March quarter of FY25, at Rs 18.9 lakh crore, compared to Rs 19.4 lakh crore worth of projects announced in the first three quarters combined (April-December) of the financial year, according to a Bank of Baroda report.
About 91% of Central Govt's investment in FY25 focused on five key sectors: BoB Report
New Delhi, April 18: Nearly 91 per cent of the central government investments, worth Rs 6.8 lakh crore, were focused towards the five key sectors of the economy in the year 2024-25, shows a research report by Bank of Baroda.
Centre and state have announced over Rs 3.9 Lakh cr of projects in road infrastructure in FY25: Report
New Delhi, April 18: The central and state governments have announced Rs 3.9 lakh crore of investment in road infrastructure in the financial year 2024-25 (FY25), according to a recent report by Bank of Baroda.
India's production showed signs of improvement in last fiscal, current fiscal may witness pressure: Bank of Baroda
New Delhi, April 14: The production in the country showed signs of improvement towards the end of the last financial year, supported by a rise in high-frequency indicators such as the manufacturing PMI, GST collections, and e-way bill generations, according to a report by Bank of Baroda.
Bank of Baroda passes on RBI rate cut to retail and MSME customers
Mumbai, April 10: The government-owned Bank of Baroda on Thursday announced the immediate transmission of the Reserve Bank of India's (RBI) policy rate cut to its customers.
India's 10Y bond yield projected to trade between 6.25-6.55 pc in FY26
New Delhi, April 5: India’s 10-year (10Y) bond yield is projected to trade between 6.25-6.55 per cent in current fiscal (FY26), a report said on Saturday.
Mutually beneficial India-US trade deal to limit tariff impact: Report
New Delhi, April 4: The direct impact of higher US tariffs on India looks fluid as of now and a mutually beneficial trade deal by the end of this year would limit the impact, a report showed on Friday.
Rupee projected to trade in range of 85.5-87.5 per dollar in FY26
New Delhi, April 2: The performance of Indian rupee in FY25, when compared with other global currencies, was relatively stable, with a stronger dollar weighing on all major currency pairs, a report showed on Wednesday.
Retail inflation to come below RBI's 4.4% estimates in Jan-Mar quarter at 3.8%: Report
New Delhi, March 14: Consumer price index (CPI) or retail inflation is likely to undershoot the Reserve Bank's target in the January-March 2025 quarter, opening more policy space for easing the policy rate, Bank of Baroda said.
India's retail inflation may ease to 4.1 pc in February, food prices remain a concern: BoB Report
New Delhi, March 7: India's consumer price inflation (CPI) is expected to decline to 4.1 per cent for February 2025, according to a report by the Bank of Baroda (BoB).
Depreciating rupee, global commodity prices may impact India's CPI inflation: Bank of Baroda report
New Delhi, March 6: The depreciating Indian rupee and the global commodity prices can impact the inflation targeting of the country, according to a report Bank of Baroda.
India's GDP growth to accelerate in January-March quarter: BoB report
New Delhi, March 5: India's GDP growth is expected to accelerate in the Q4 (January-March) quarter of the current financial year based on the high-frequency indicators of the economy, according to a Bank of Baroda report released on Wednesday.
Despite FPI outflows, benign US dollar and RBI intervention kept lid on Rupee slide: Bank of Baroda
New Delhi, March 4: Despite significant foreign portfolio investor (FPI) outflows in February, the rupee managed to avoid sharp depreciation, because of a stable US dollar and the Reserve Bank of India's (RBI) active intervention, according to a report by Bank of Baroda.
Government on track to meet fiscal deficit target of 4.8 pc for FY25: Bank of Baroda Report
New Delhi, March 3: The central government is on course to meet its fiscal deficit target of 4.8 per cent of GDP for the financial year 2024-25 (FY25), according to a report by Bank of Baroda.
Indian Rupee likely to trade in 86.5-87.5/USD range in near term, RBI to keep limited intervention: BoB Report
New Delhi, February 18: The Indian Rupee (INR) is expected to trade within the range of 86.5 to 87.5 per US dollar in the near term, with the Reserve Bank of India (RBI) likely to keep its intervention limited, according to a recent report by Bank of Baroda.
India's GDP growth expected to touch 6.6 pc in Q3 of 2024-25: Report
New Delhi, Feb 18: India's GDP is expected to grow at 6.6 per cent in the October-December period of 2024-25, which is slower than the corresponding figure of 8.6 per cent for the same quarter of 2023-24, but remains robust with support from agriculture, government spending, and services, according to a Bank of Baroda report released on Tuesday.
Food subsidy accounts for over 50% of total Govt subsidy so far in FY25
New Delhi, February 15: The food subsidy has been the largest component of the government's total subsidy expenditure so far in the financial year 2024-25, accounting for more than 50 per cent of the total amount disbursed.
RBI's inflation target seems feasible with softened vegetable prices, skewed demand recovery: BoB report
New Delhi, February 13: India's inflation outlook appears favourable, with the possibility of aligning with the Reserve Bank of India's (RBI) 4 per cent target in the coming months, highlighted a report by Bank of Baroda.
RBI may cut interest rates further by 50 bps in 2025, stance to turn accommodative: Bank of Baroda
New Delhi, February 10: The Reserve Bank of India (RBI) may cut interest rates further by 50 basis points (bps) in 2025 and shift its stance from "neutral" to "accommodative," according to a report by Bank of Baroda.
Expect 75 basis points repo rate cut cumulatively in 2025: Bank of Baroda
New Delhi, February 8: The monetary policy committee of RBI will cut repo rate by cumulatively 75 basis points in the year 2025, Bank of Baroda said in a note.
RBI likely to cut repo rate by 25 bps in Governor Sanjay Malhotra's first policy move
New Delhi, February 6: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to announce its first monetary policy under new Governor Sanjay Malhotra on Friday.
RBI may cut Repo Rate by 25 bps on February 7: Bank of Baroda
New Delhi, February 6: The Reserve Bank of India (RBI) is expected to reduce the repo rate by 25 basis points (bps) in its upcoming monetary policy announcement on February 7, according to a report by Bank of Baroda.
CPI inflation expected in 4.5-4.7 pc range in January: BoB Index
New Delhi, Feb 5: Led by lower prices of vegetables, with tomato, onion and potato prices declining steeply, the Consumer Price Index (CPI) inflation is expected in the range of 4.5 per cent-4.7 per cent in January, the Bank of Baroda's Essential Commodity Index (ECI) showed on Wednesday.
Budget 2025-26 maintains high Capex amid fiscal prudence: BoB analysis
New Delhi, Feb 2: The Union Budget for 2025-26 has maintained fiscal prudence without compromising on the quality of expenditure and the government's borrowing program has been stable, which is positive for markets, according to an analysis by Bank of Baroda economists.
India's Nominal GDP growth expected at 9.8-10.3 pc in FY26: Bank of Baroda Report
New Delhi, February 1: After the Economic Survey projected India's real GDP growth for FY26 in the range of 6.3-6.8 per cent, a report by Bank of Baroda stated that with an assumed GDP deflator of 3.5 per cent, the country's nominal GDP growth could be around 9.8-10.3 per cent.
Bank of Baroda posts 5.6 pc rise in Q3 profit, asset quality improves
Mumbai, Jan 30: State-run Bank of Baroda (BoB) on Thursday reported a 5.6 per cent year-on-year (YoY) increase in its net profit for the third quarter of the financial year 2024-25 (Q3 FY25).
BoB sanctions over Rs 3,300 crore in agri loans after conclusion of 7th Edition of 'Baroda Kisan Pakhwada'
New Delhi, January 23: Bank of Baroda (BoB), a major public sector bank, concluded the 7th edition of its flagship rural outreach programme, 'Baroda Kisan Pakhwada', sanctioning agriculture loans worth more than Rs 3,300 crore, the Bank said in a release on Thursday.
Union Budget will balance fiscal consolidation and growth; Capital expenditure likely to rise to Rs11-11.5 lakh cr: Report
New Delhi, January 22: The Union Budget for the fiscal year 2025-26, to be presented on February 1, 2025, is expected to strike a delicate balance between fiscal consolidation and growth-oriented measures, according to a Bank of Baroda report.
Inflation to come down between 4.2-4.5 pc in fourth quarter of FY25: BoB Report
New Delhi, January 15: Inflation in the country is expected to ease in the coming months, with Consumer Price Index (CPI) inflation projected to remain in the range of 4.2-4.5 per cent in the fourth quarter of FY25, according to a report by Bank of Baroda.
Bank of Baroda to provide AI-driven support, forex facility, ATMs, and coin vending machines for Maha Kumbh 2025
Prayagraj, January 12: As the Maha Kumbh Mela 2025 sets the stage for the world's largest public gathering, Bank of Baroda (BoB) has announced setting up AI-driven customer support, full-fledged branches with forex transaction facilities in Prayagraj to facilitate the visitors.
India's economic growth expected to accelerate in 2nd half of 2024-25: Report
New Delhi, Jan 11: The Indian economy is expected to pick up growth momentum in the second half of the current financial year with high-frequency indicators such as digital payments, power demand, service PMI, air passenger traffic, rising toll and GST collections suggesting a recovery is already underway, according to a Bank of Baroda report released on Saturday.
Industrial growth likely to slow down to 6.2 pc for FY25, revival hoped in second half: Report
New Delhi, January 11: India's industrial sector is expected to grow at a slower pace of 6.2 per cent in FY25 compared to 9.5 per cent in FY24, as per advance estimates, primarily due to the base effect and a subdued manufacturing performance in the first half, according to Bank of Baroda report.
Indian economy expected to clock 6.8 pc growth in 2025-26: Report
New Delhi, Jan 9: The Indian economy is projected to grow at a robust 6.8 per cent in the financial year 2025-26, driven by strong high-frequency indicators, according to a Bank of Baroda forecast.
Indian economy expected to grow at 6.8 % in the next fiscal, FY2025-26: Bank of Baroda Report
New Delhi, January 8: It may be a subdued growth in the current financial year but the Indian economy is projected to grow by 6.8 per cent in the financial year 2025-26, supported by strong high-frequency indicators, according to a report by Bank of Baroda.
CPI inflation likely to moderate to 5% in Dec from 5.5% in Nov: Bank of Baroda Report
New Delhi, January 7: India's Consumer Price Index (CPI) inflation is expected to moderate to 5 per cent in December 2024 from 5.5 per cent in November, according to a report by Bank of Baroda.