bank of baroda

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    Anil Ambani Seeks Court-Ordered Lender Committee for RCOM Debt

    New Delhi, March 23 – In a new affidavit filed before the Supreme Court, industrialist Anil D. Ambani has proposed the formation of a lenders' committee to determine the actual outstanding debts owed by Reliance Communications (RCOM) and its group entities, along with a detailed plan for...
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    Bank of Baroda Expands UPI Access for Women Self-Help Groups

    Mumbai, March 20 State-owned Bank of Baroda announced on Friday a credit line on the popular Unified Payments Interface platform for members of women self-help groups.Customers holding Prime Minister Jan Dhan Yojana accounts will be able to access the overdraft facility of Rs 5,000 without...
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    Strong Investor Demand Drives Bank of Baroda's Global Loan

    New Delhi, March 12 Bank of Baroda announced on Thursday that it has secured a USD 500 million five-year syndicated term loan facility through its International Financial Services Centre (IFSC) Banking Unit in GIFT City, attracting participation from investors across key Asian markets.This...
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    Bank of Baroda Raises ₹10,000 Crore in Green Infrastructure Bonds

    New Delhi, March 5 State-owned Bank of Baroda (BoB) announced on Thursday that it had raised ₹10,000 crore through the issuance of long-term green infrastructure bonds, becoming the first bank in India to issue such an instrument domestically.The issue attracted overwhelming investor demand...
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    Cricket Highlights: Arya, Malewar, and DTDC Advance in DY Patil Cup

    Navi Mumbai, March 3 Priyansh Arya shone brightly on the final day of the group stage of the 20th DY Patil T20 Cup, smashing an unbeaten 101 off just 41 balls to lead DY Patil Red to a convincing eight-wicket victory over CGST at the DY Patil Stadium in Navi Mumbai.Arya was in excellent form...
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    Fraud Investigation: ED Targets Assets in Bank of Baroda Scandal

    Panaji, February 28 – The Directorate of Enforcement (ED) has provisionally attached movable and immovable assets worth ₹78 lakh in connection with an alleged bank fraud involving the misappropriation of public funds from the Bank of Baroda branch in Anjuna, officials said on Saturday.The...
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    Mumbai Property Attached in Ambani Money Laundering Probe

    New Delhi, February 27 Reliance Group Chairman Anil Ambani did not appear before the Enforcement Directorate for questioning in a case allegedly involving money laundering linked to bank fraud, officials said.The agency wanted to record his statement in the case related to Yes Bank.However...
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    Green Bonds: Bank of Baroda to Raise Capital on March 4

    MUMBAI, February 27 State-owned lender Bank of Baroda plans to raise up to ₹10,000 crore through the issuance of green infrastructure bonds on March 4.The base issue size is ₹5,000 crore, with a green shoe option to retain oversubscription of up to ₹5,000 crore, taking the total issue size to...
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    ED Tightens Probe in RCOM Money Laundering Allegations

    New Delhi, February 26 The Enforcement Directorate questioned Reliance Group Chairman Anil Ambani for more than nine hours on Thursday during the second round of questioning in connection with an alleged bank fraud-related money laundering case involving his group company, RCOM, officials said...
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    Bank of Baroda Files Complaint Against Reliance Communications Loans

    New Delhi, February 26 – The Central Bureau of Investigation (CBI) conducted searches at the residences of industrialist Anil Ambani and the offices of Reliance Communications (RCom) after registering a second case against the company based on a complaint filed by the Bank of Baroda on February...
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    Fresh CBI Case Filed Against Anil Ambani in Bank of Baroda Fraud Allegations

    New Delhi, February 26 The CBI has registered a fresh case against industrialist Anil Ambani and Reliance Communications (RCOM) for allegedly defrauding the Bank of Baroda during 2013-17, causing a wrongful loss of more than Rs 2,220 crore to the bank, officials said on Thursday.The case stems...
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    Fitch Maintains Stable Outlook on PNB, BoB Amid Improved Financials

    New Delhi, February 25 Fitch Ratings on Wednesday affirmed the ratings of two public sector banks – Punjab National Bank (PNB) and Bank of Baroda (BoB) at 'BBB-' with a stable outlook.PNB and BoB's long-term Issuer Default Rating (IDR) reflects Fitch's expectation of a high probability of...
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    Key Moments in DY Patil T20 Cup: Iyer's Duck and Tamore's Effort

    Navi Mumbai, February 24 – Mumbai wicketkeeper batter Hardik Tamore’s brilliant innings of 85 went in vain as Route Mobile lost by eight runs against DTDC in the 20th DY Patil T20 Cup at the University Ground in Nerul, Navi Mumbai on Tuesday. However, the highlight of the day was Shreyas Iyer’s...
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    High Court Rejects Stay, Allows Banks to Classify Ambani Accounts as Fraudulent

    Mumbai, February 24 The RBI's Master Directions aim to identify fraudulent borrowers and unscrupulous individuals for timely action, and any violation of these directions is not subject to judicial scrutiny, the Bombay High Court has said while lifting the stay on action by three banks to...
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    HC Overturns Order Protecting Anil Ambani from Fraud Allegations

    Mumbai, February 23 In a setback for industrialist Anil Ambani, the Bombay High Court on Monday overturned a single-judge's interim order that had stayed proceedings initiated against him and Reliance Communications Ltd for classifying their bank accounts as fraudulent.A division bench of...
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    Investigation Launched Over ₹1 Crore Treasury Theft in Pilibhit

    Pilibhit (UP), February 13 An employee of a government-run college in Pilibhit, Uttar Pradesh, allegedly embezzled ₹1.01 crore from the state treasury by creating fake invoices and transferring the funds to his wife's bank account, officials said.The fraud came to light after Bank of Baroda...
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