Topic
bank of baroda
Finance Bank of Baroda Confirms Compromised Email Led to Data Leak; Core Systems Secure
Bank of Baroda reported a data leak from a cyberattack that compromised one employee's email account, exposing customer data. The bank assured that core banking systems remain secure and initiated a forensic investigation. Srikanth Lakshmanan of Cashless Consumer verified the leaked dataset included Aadhaar-linked details and internal documents.
Finance Bank of Baroda, Bank of India target over $6 billion through forex mop-up schemes
Bank of Baroda and Bank of India are targeting over $6 billion in foreign capital through FCNR(B) deposits, medium-term notes, and foreign currency bonds. RBI has undertaken to cover forex risk via dollar swaps. Banks have collectively raised over $17 billion so far.
Finance Bank of Baroda Settles NMC Health Creditor Claims for $600 Million in Cross-Border Insolvency Case
Bank of Baroda has agreed to pay $600 million (approximately Rs 5,700 crore) to the administrators of collapsed healthcare group NMC Health in an out-of-court settlement. The settlement resolves claims that BoB's financial arrangements enabled concealment of debt. Funds will be distributed to creditors including banks, bondholders, and trade creditors.
Finance Bank of Baroda and Mizuho Bank Form Strategic Partnership for M&A Financing and Cross-Border Banking
Bank of Baroda and Mizuho Bank have entered a strategic partnership to jointly pursue M&A financing, structured lending, and cross-border corporate banking. The tie-up combines Mizuho's global network and structured finance expertise with Bank of Baroda's domestic franchise and corporate relationships, following Mizuho's acquisition of a 60% stake in Avendus Capital in December 2025. The collaboration includes joint origination, structuring, co-underwriting, and syndication of acquisition finance, as well as advisory on select M&A deals and a preferred channel for sub-participation and secondary risk distribution.