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Bank of Baroda
13 articles
Bank of Baroda has reached an out-of-court settlement of $600 million with NMC Health entities, resolving insolvency and civil proceedings in Abu Dhabi and UK courts. This strategic move aims to curtail prolonged litigation, associated uncertainty, and escalating costs, effectively closing a significant chapter in the bank’s dealings with NMC Health. While the settlement doesn’t represent an admission of liability, it underscores Bank of Baroda’s proactive approach to managing its legal exposure and mitigating potential financial risks. Investors should monitor the impact of this resolution on the bank’s overall financial performance and its continued efforts to navigate other ongoing insolvency proceedings.
Hemant Kanoria Contempt Petition Withdrawn, CPAN 199 Dismissed
Petitioners Hemant Kanoria and others filed contempt applications against Union Bank of India, Bank of India, Bank of Baroda, and SIDBI.
Counsel for petitioners submitted email instructions to withdra
Bank of Baroda Fraud Petition Dismissed
Monoranjan Roy challenged Bank of Baroda’s July 2025 show‑cause notice that sought to label his account fraud under RBI guidelines.
The court examined the R. Dokania forensic audit, DEO seizures, cons
RBI Penalises Bank of Baroda ₹63.6 Lakh
RBI imposed a monetary penalty of ₹63.60 lakh on Bank of Baroda for violations of Fair Practices Code and KYC directives.
The penalty stems from collecting interest above contracted rates in loan acco
Bank of Baroda Subsidiary Penalized ₹13.76 Lakhs
Bank of Baroda discloses a ₹13.76 lakh penalty imposed by NSE Clearing Ltd on its subsidiary BOB Capital Markets Limited.
The penalty was levied for client code modification errors where a trade was e
Bank of Baroda Receives RBI Penalty of ₹63.60 Lakhs
RBI imposes ₹63.60 lakh penalty on Bank of Baroda for regulatory non-compliance.
Penalty issued for charging excess interest and delayed KYC uploads to CKYCR.
The financial impact will directly affect
Bank of Baroda Secures Stay on Tax Order
Supreme Court heard Bank of Baroda's stay application against State Tax Officer on 3 July 2026.
Court ordered a stay on the impugned tax order, pending the appellant’s undertaking within a week.
A not
NCLT Mumbai Reserves Topworth Pipes Insolvency Order
NCLT Mumbai Bench reserves order on MA 4064/2019 in Bank of Baroda's insolvency petition against Topworth Pipes & Tubes Pvt Ltd.
Multiple respondents, including Punjab National Bank, were represented
Arihant Coal NCLT Insolvency Proceedings Creditor Update
NCLT Indore hears corporate insolvency application filed by Arihant Coal Sales India Pvt Ltd under Section 10 IBC.
Applicant filed additional affidavit with complete creditor, debtor details, and upda
Bank of Baroda Global Business Up 15.46% YoY
Bank of Baroda disclosed unaudited global business growth of 15.46% YoY to ₹30.51 trillion as of June 30, 2026.
Global advances grew 17.42% YoY to ₹14.17 trillion while deposits increased 13.81% YoY t
Bank of Baroda Settles NMC Litigation for $600M
Bank of Baroda discloses an out-of-court settlement payment of USD 600 million (approx. ₹5,700 crores) to resolve litigation with NMC Health entities.
The settlement resolves insolvency and civil proc
NCLAT Ex-Parte Order Against Vedara India Ventures
NCLAT proceeds ex-parte against Vedara India Ventures for non-appearance in Bank of Baroda's appeal.
The case involves an insolvency appeal filed by Bank of Baroda against Vedara India Ventures.
The n
Bank of Baroda Q4 FY26 Investor Presentation Highlights
Bank of Baroda disclosed Q4 FY26 net profit of $592 Mn, an 11.2% YoY increase, alongside improved asset quality with GNPA at 1.89%.
Total global advances grew 16.2% YoY to $150,775 Mn, driven by retai
Bank of Baroda Annual Report 2025-26 Corrigendum
Bank of Baroda issued a corrigendum to its FY25-26 annual report submitted on May 29, 2026.
Corrected dividend payout ratio to 21.96% from 22.05% on page 188 of the report.
Revised provision for restr