Bank of Baroda (BOB) is an international banking and financial services company. BOB operates as a public sector undertaking (PSU) in India. The bank's market capitalization on 21 June 2022 stood at Rs. 49,670 crores. The BOB shares are listed with the code number 532134 on the Bombay Stock Exchange and the National Stock Exchange with the code BANKBARODA.
Bank of Baroda is a reputed public sector bank serving people countrywide. The bank is known to perform well and has been successful in attracting retail and institutional investors. Bank of Baroda NSE 1.20 % has successfully raised Rs. 2,474 crores by issuing bonds at the rate of 7.88% through stock exchanges. The bank allotted a total of 2,474 unsecured Basel III additional tier I perpetual non-convertible bonds, valuing Rs. 1 crore each recently.
The bank's shareholding pattern on 31 March 2022 showed a 63.97% stake with promoters, a 9.14% stake with foreign institutional investors, a 15.07% stake with domestic institutional investors, and an 11.82% stake with the public. BOB's share price on 21 June 2022 on BSE closed at Rs. 96.05. BOB's share price on NSE also closed at Rs. 96.05. The 52-week high for BOB Bank's share price was Rs. 122.70 and the 52-week low for Bank of Baroda's share price was Rs. 72.50. Buying Bank of Baroda bonds may bring to you the desired ROI.
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The bank is known to facilitate multiple products and services. Customers can take the advantage of the following products: Home Loan Auto Loan Personal Loan Pre-Approved Micro Personal Loan Education loans Mortgage Loans MSME Working Capital Loan Mudra (Shishu) Loan MSME Renewal Each of the above-mentioned products has its eligibility, features, pros, and cons. So, we recommend you choose a product after gathering the relevant information about it.
The bank has many branches and offices in operation at varied locations. The aim is to reach more and more customers resulting in increased business. Below are the details about BOB Controlling Offices: Zonal Offices - 18 Regional Offices - 148 Corporate Office - 1 Head Office - 1 Controlling Offices have their own importance. They play a vital role in managing the different activities of the bank.
Bank of Baroda IPOs is awaited for their great features. People looking for decent returns and low risk prefer buying BOB shares. Also, investing in BOB bonds is free from hassle.