Tag: BankingNews

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  Bank of Baroda Board Approves Rs 8,500 Crore Fundraising Plan

  Bank of Baroda has approved a plan to raise Rs 8,500 crore through a Qualified Institutional Placement (QIP) to boost its capital base and support growth. This move is part of the bank's strategy to strengthen its financial position and enhance its lending capacity.

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  HDFC Bank Reports 5% YoY Profit Growth in Q2 FY25, Shares Surge 3.5%

  HDFC Bank reported a 5.29% YoY rise in net profit for Q2 FY25, driven by strong growth in income, loans, and deposits. Despite a slight increase in NPAs, the bank’s robust operational performance and positive stock reaction highlight its strong market position and future growth prospects.