Bank of Baroda rises on the bourses

Bank Of Baroda | Bank - Public | BFSI | BSE: 532134 | NSE: BANKBARODA

31 Jul 2020 Evaluate

Bank of Baroda is currently trading at Rs. 46.15, up by 0.15 points or 0.33 % from its previous closing of Rs. 46.00 on the BSE.

The scrip opened at Rs. 46.10 and has touched a high and low of Rs. 46.45 and Rs. 45.45 respectively. So far 967983 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 108.25 on 29-Nov-2019 and a 52 week low of Rs. 36.05 on 20-May-2020.

Last one week high and low of the scrip stood at Rs. 48.75 and Rs. 45.45 respectively. The current market cap of the company is Rs. 21254.61 crore.

The promoters holding in the company stood at 71.60%, while Institutions and Non-Institutions held 16.75% and 11.66% respectively.

BOB Financial Solutions (BFSL), a wholly owned subsidiary of Bank of Baroda, has chosen Fiserv, Inc., a leading global provider of payments and financial services technology solutions, to enable the digitization of their end-to-end card issuance and processing cycle and support the launch of several new and high-tech products including contactless credit cards, tokenisation and integration with branded wallets, and virtual credit cards.

BFSL is one of the earliest issuers of credit cards in India and has a reputation for delivering superior card products and services to its customers. To advance their digital strategy and keep pace with rapidly changing consumer expectations, BFSL will utilize FirstVision from Fiserv, an end-to-end managed services solution that enables card issuing and processing with global economies of scale and integrated capabilities that span the card lifecycle.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.