Bank of Baroda spurts on inking MoU with Indian Air Force
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Bank of Baroda is currently trading at Rs. 103.10, up by 3.65 points or 3.67% from its previous closing of Rs. 99.45 on the BSE.
The scrip opened at Rs. 100.70 and has touched a high and low of Rs. 103.95 and Rs. 100.70 respectively. So far 893367 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 122.65 on 11-Apr-2022 and a 52 week low of Rs. 72.50 on 23-Aug-2021.
Last one week high and low of the scrip stood at Rs. 103.95 and Rs. 95.70 respectively. The current market cap of the company is Rs. 53135.75 crore.
The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 25.08% and 10.95% respectively.
Bank of Baroda has signed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) for Salary Savings Accounts. Under the MoU, Bank of Baroda will offer Baroda Military Salary Package for Uniformed Personnel and Veterans of the Indian Air Force.
The MoU covers special benefits including enhanced free comprehensive Personal Accident Insurance cover (PAI), attractive offers on Retail Loans and a host of other benefits.
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.
