Bank of Baroda trades in green on the BSE

Bank of Baroda is currently trading at Rs. 125.20, up by 3.55 points or 2.92% from its previous closing of Rs. 121.65 on the BSE.

bank of baroda to raise funds through various ways
bank of baroda to raise funds through various ways

The scrip opened at Rs. 122.60 and has touched a high and low of Rs. 125.85 and Rs. 121.40 respectively. So far 1495977 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 125.20 on 16-Aug-2022 and a 52 week low of Rs. 72.50 on 23-Aug-2021.

Last one week high and low of the scrip stood at Rs. 125.20 and Rs. 117.70 respectively. The current market cap of the company is Rs. 64538.60 crore.

The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 25.08% and 10.95% respectively.

Bank of Baroda has unveiled ‘Baroda Tiranga Deposit Scheme’. The Scheme would be available in two tenures: 444 days or one year and 79 days, with a 5.75 per cent interest rate, and the other option is for 555 days, with an interest rate of 6 per cent.

Further, senior citizens will earn an additional interest rate of 0.50 per cent p.a., while Non-Callable Deposits will get 0.15 per cent p.a. extra.

That is, for non-collable deposits, senior citizens will get an interest rate of 6.40 per cent for 444 days, and 6.65 per cent for 555 days.

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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