#BOBPower $BOB
Here’s the latest update on Bank of Baroda (BoB/BOB) as of August 3, 2025:
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📰 Today's Hot Highlights
✅ Recruitment & Hiring Updates
The Local Bank Officer (LBO) recruitment 2025 drive (2,500 positions) now closes on August 3, 2025, at 11:59 PM IST, giving candidates more time to apply.
A new recruitment drive is open for Deputy Manager and Assistant Manager roles across multiple departments. Interested candidates should apply online via the bank's official site.
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🔍 Broader Context (Recent Developments)
📣 Bank Operations & Branding
BoB recently acquired semi-naming rights for Sikanderpur Metro Station in Gurugram, making it the first public sector bank to do so.
In May 2025, $BOB signed an MoU with the Tamil Nadu government to offer enhanced salary account packages for state employees, including major insurance benefits.
📱 Digital Banking & Subsidiaries
The BoB World app reached 3.27 crore users as of March 31, 2025, up 7% YoY. A new version is expected during the current fiscal year.
The bank is planning to scale up its subsidiaries (like IndiaFirst Life & Nainital Bank) ahead of potential listing plans.
📉 Financial Trends & Analyst Opinions
Analysts across firms like Sharekhan, Prabhudas Lilladher, and Emkay continue to rate BoB a “buy”, with price targets ranging from ₹260 to ₹280.
While net profit grew modestly in Q4 FY25 (~3.3% YoY), concerns remain over compressed net interest margins and elevated provision costs. Asset quality, however, is improving.
#BOBUpdate $BOB