Bank of Baroda surges on sanctioning over Rs 100 crore of agricultural loans in Tamil Nadu

Bank Of Baroda is currently trading at Rs. 171.50, up by 0.30 points or 0.18% from its previous closing of Rs. 171.20 on the BSE.

bank of baroda trades higher on the bourses
Bank Of Baroda

The scrip opened at Rs. 171.25 and has touched a high and low of Rs. 172.45 and Rs. 170.30 respectively. So far 612391 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 174.25 on 02-Dec-2022 and a 52 week low of Rs. 77.00 on 27-Dec-2021.

Last one week high and low of the scrip stood at Rs. 174.25 and Rs. 164.50 respectively. The current market cap of the company is Rs. 88171.73 crore.

The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 27.83% and 8.19% respectively.

Bank of Baroda has sanctioned over Rs 100 crore worth of agricultural loans in Tamil Nadu during its 15-day farmer outreach programme. At the fifth edition of ‘Baroda Kisan Pakhwada’ held between November 15 and 30, as many as 161 semi-urban and rural branches of the bank took part. More than 20,000 farmers across Tamil Nadu received farm loans of Rs 134 crore.

The ‘Baroda Kisan Pakhwada’ has been designed to help the bank boost engagement with the farming community and create awareness about various agricultural products, schemes offered by the Bank.

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.

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