bank of baroda

bank of baroda reported a record net profit of Rs 5,616 crore for Q4FY26, a 11.2% increase driven by higher net interest income and lower tax provisions. Full-year profit crossed Rs 20,000 crore. The bank raised its advances and deposit growth targets for FY27 after exceeding FY26 goals.

bank of baroda has opened applications for 5,000 apprentice posts under the Apprentices Act, 1961. Graduates across India can apply through the NAPS or NATS portals from May 19, 2026. Selected candidates will receive a monthly stipend of Rs 15,000 during the 12-month training period. Gujarat has the highest number of vacancies with 960 seats. The recruitment process includes an online examination, document verification, local language proficiency test and medical examination. Applications close on June 8, 2026.

Walked Away With 1,740 Note Reams of Rs 500

Union Education Minister Mr Dharmendra Pradhan held discussions with senior officials of SBI, bank of baroda, Canara Bank and Indian Bank to overhaul the CBSE payment gateway system following recent technical issues faced by students. The meeting focused on strengthening payment protocols for post-examination services, including re-evaluation and answer sheet photocopies. The banks were asked to introduce faster grievance redressal, real-time monitoring and automatic refund systems to ensure secure and smooth digital transactions for students.

CBSE has extended the deadline for Class 12 students to apply for scanned copies of their evaluated answer sheets until May 25, 2026, to provide sufficient time. The board also announced that re-evaluation dates will be released soon. This extension follows a directive to improve payment and re-evaluation systems after technical glitches were reported.

Leading financial institutions offer mixed outlooks on Indian stocks. Morgan Stanley sees SBI facing NIM challenges, while Goldman Sachs is bullish on Titan's jewellery segment. CLSA notes bank of baroda's core performance is mixed despite loan growth. Nomura backs Swiggy, highlighting food delivery strength and quick commerce competition. HSBC anticipates Hyundai's market share recovery and new launches.

Union Education Minister Dharmendra Pradhan addressed concerns over CBSE Class 12 evaluation discrepancies, assuring no one would be spared if irregularities are found. He criticized Rahul Gandhi's frustration over electoral defeats, accusing him of opposing India's scientific progress. Pradhan emphasized the government's commitment to student well-being and transparency in the digital evaluation system.

CBSE has refuted claims of a security breach in its On-Screen Marking system, stating the compromised portal was a mere testing site with sample data. This clarification follows a student's allegations of "critical vulnerabilities." Separately, the board acknowledged a technical glitch in a student's answer sheet mix-up, which has since been rectified.

State Bank of India saw a 5.8% profit jump to Rs 19,684 crore in Q4FY26, though margins tightened. bank of baroda achieved a record Rs 5,616 crore profit, while Bank of India's net profit climbed 18.7%. Despite credit growth, SBI's share dipped due to investor concerns about core income.

Retail inflation edged up to 3.5% in April, driven by a rise in food prices. While fuel inflation slowed, restaurant services saw a significant price jump due to higher LPG costs. Consumer durables like cars and air conditioners, however, became cheaper. Experts note upside risks to the inflation outlook despite the softer-than-expected reading.

Rupee depreciation is not new, what is new however is the rapid pace at which it is falling. It’s the biggest risk for India’s external sector resilience at the moment. In just over a year, the rupee has depreciated over 14%.

India has kept its petrol and diesel prices unchanged for four years now - ever since the Russia-Ukraine conflict. But the rising global oil prices, past the $100 per barrel mark has made the math unsustainable for oil marketing companies.

India’s gold imports hit a record $71.98 billion in 2025-26, rising over 24% from $58 billion a year earlier. This was largely due to skyrocketing global gold prices, which have bumped up the value of imported gold.