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Is Bank of Baroda a strong bank?

Is Bank of Baroda a strong bank?

Bank of Baroda (BOB) is an Indian nationalised banking and financial services company. It is the fourth largest nationalised bank in India, with 132 million customers, a total business of US$218 billion, and a global presence of 100 overseas offices. Based on 2019 data, it is ranked 1145 on Forbes Global 2000 list.

Is Bank of Baroda good for long term?

The bank has shown resilience in its core operating income or net interest income over the trailing 12-month period. The bank also has a better asset quality than most other banks. This makes it a good bet for investors, who are concerned about the uncertainty in bank stocks.

Which bank is better SBI or Bob?

Bank of Baroda has an average customer ratings of 4.3, while SBI has an average customer rating of 4.2, based on which it is clear that Bank of Baroda has a high customer service focus, an easy Home Loan process and a quick turnaround.

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Which banks are safe in India?

SBI, HDFC and ICICI are the safest banks by virtue of being declared too big to fail by RBI. It doesn’t hurt that they are also financially healthy as well.

Is Bank of Baroda safe for FD?

BOB has offered a very good rate and it is very much reliable. The tenure of the deposit is 5 years and this FD was taken before 3 years.

Is Bob a good buy?

BOB reported a healthy earnings performance, supported by strong NII and sharp improvement in domestic NIMs. The margin expansion was supported by an improving asset mix, as retail growth held strong, while corporate loans declined 11\% QoQ. Furthermore, SMA 1/2 declined to ~2.7\% of loans.

What is the future of Bob share?

Date Stock LTP
09 Aug 2021 Bank of Baroda 85.95
09 Aug 2021 Bank of Baroda 85.95
01 Jun 2021 Bank of Baroda 85.95
31 May 2021 Bank of Baroda 85.95