BoB climbs on launching seven current account products for diverse business segments

31 Jan 2024 Evaluate

Bank Of Baroda is currently trading at Rs. 248.70, up by 11.40 points or 4.80% from its previous closing of Rs. 237.30 on the BSE.

The scrip opened at Rs. 239.50 and has touched a high and low of Rs. 249.85 and Rs. 232.20 respectively. So far 1405563 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 249.85 on 31-Jan-2024 and a 52 week low of Rs. 146.50 on 02-Feb-2023.

Last one week high and low of the scrip stood at Rs. 249.85 and Rs. 223.45 respectively. The current market cap of the company is Rs. 124164.41 crore.

The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 28.27% and 7.75% respectively.

Bank of Baroda (BoB) has launched a comprehensive Current Account Package with seven new differentiated Current Account products. Each current account product has been specially curated to meet the specific business banking needs of different business segments, empowering customers and giving a boost to their businesses. 

The newly launched bob Current Accounts are: bob Lite (aimed at individuals/sole proprietorships/small businesses), bob Women Power (for women entrepreneurs), bob Smart (aimed at businesses largely conducting digital transactions), bob Gold (for medium-sized businesses) and bob Platinum, bob Rhodium, and bob Diamond (for large businesses having high transactional requirements).

These accounts come with features and value-added services based on the chosen account such as higher anywhere cash deposit limits, free Sound box with QR code and POS machine (with zero monthly rental), a bundled collateral-free overdraft facility with the current account, curated Baroda Cash Management Services for the higher account variants, in addition to lower monthly average balance requirements.

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.


Bank Of Baroda Share Price

283.30 10.60 (3.89%)
30-Apr-2024 14:25 View Price Chart
Peers
Company Name CMP
SBI 832.40
Bank Of Baroda 283.30
PNB 141.10
Canara Bank 628.30
Union Bank Of India 155.85
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