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Bank of Baroda

5 articles
Bank of Baroda is navigating a complex legal landscape and strategically expanding its business lines. Recent court proceedings involve disputes related to non-performing assets and fraud cases, alongside requests for extensions in NCLAT filings, highlighting ongoing operational challenges. Simultaneously, the bank is establishing a new Pension Fund Management Company subsidiary, signaling a commitment to the retirement sector and requiring regulatory approvals. Furthermore, Bank of Baroda is divesting a significant stake in the National Stock Exchange through an IPO, generating proceeds and potentially reshaping its investment portfolio, which could impact future capital allocation decisions.