State-owned Bank of Baroda (BoB) on Monday said it expects 12-15 per cent credit growth during the current financial year.

Bank of Baroda aims at 12-15% credit growth in FY23: Executive director

Three out of 12 PSBs namely SBI, Bank of Baroda, and Canara Bank, declared a three-digit dividend during the year

Centre’s FY23 dividend income from PSBs 58% higher than in FY22: Report

RuPay card UPI: This feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC Bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank, and Union Bank of India

RuPay card UPI: Google Pay allows UPI payments using RuPay credit cards; check details here

The users can now link their RuPay credit cards with Google Pay to pay at all online and offline merchants where RuPay credit cards are accepted. The feature is now available to RuPay credit card holders of Axis Bank, Bank of Baroda, Canara Bank, HDFC bank, Indian Bank, Kotak Mahindra Bank, Punjab N…

Google Pay launches RuPay credit cards support on UPI in India

Central Bank of India, Indian Bank, Punjab & Sind Bank, Indian Overseas Bank and Bank of India also posted a growth of somewhere between 18 per cent and 52 per cent in net profit in 2022-23, while the bottom line of Punjab National Bank (PNB) declined 27.47 per cent YoY during the same period.

SBI, Bank of Baroda, PNB & other PSU lenders’ combined profit crossed Rs 1 lakh crore mark in FY23; which stock should you buy?

In percentage terms Pune-based Bank of Maharashtra (BoM) had the highest net profit growth with 126 per cent to Rs 2,602 crore, followed by UCO with 100 per cent rise to Rs 1,862 crore and Bank of Baroda with 94 per cent increase to Rs 14,110 crore.

Public sector banks’ total profit crosses Rs 1 lakh crore-mark in FY23

Public sector banks in India, including State Bank of India, Punjab National Bank, Bank of Baroda, and Canara Bank, reported significant year-on-year growth in profits for the fourth quarter of 2023.

12 PSBs cross ₹1 lakh crore profit mark in 2022-23 aided by lower credit cost, strong recoveries

The Reserve Bank of India (RBI) has announced a surplus transfer of around ₹ 87,400 cr to the govt for FY23. This is RBI's highest surplus transfer since ₹99,000 cr was transferred in FY21. Parikshit Luthra spoke with Madan Sabnavis, Chief Economist, Bank Of Baroda on the impact of the central bank's decision.

#reservebankofindia #rbi #surplus #fy23 #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday  

About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. #n18oc_business  Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. 
You can also connect with CNBC-TV18 News Online
Catch the latest news: https://bit.ly/2YbpXBM

Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/

Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/

You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/

Subscribe to our Channel: https://bit.ly/3nvEcxf

Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News
Follow us on Instagram: https://www.instagram.com/cnbctv18india/
Catch us on: Linkedin: https://in.linkedin.com/company/cnbc-tv18
n18oc_business

RBI To Transfer Rs. 87,416 Crore Surplus To Government For FY23 | Newscentre | CNBCTV18

Emkay Global Financial is bullish on Bank of Baroda has recommended buy rating on the stock with a target price of Rs 230 in its research report dated May 17, 2023.

Buy Bank of Baroda; target of Rs 230: Emkay Global Financial

Prabhudas Lilladher is bullish on Bank of Baroda has recommended buy rating on the stock with a target price of Rs 235 in its research report dated May 17, 2023.

Buy Bank of Baroda; target of Rs 235: Prabhudas Lilladher

Motilal Oswal is bullish on Bank of Baroda recommended buy rating on the stock with a target price of Rs 240 in its research report dated May 16, 2023.

Buy Bank of Baroda; target of Rs 240: Motilal Oswal

Price return has been average, nothing exciting

Performance

Can be considered moderately valued vs the market

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services. 