NSEGeneral Updates3 Jul 2026 · 3 Jul 2026, 07:05 pm
General Updates
Bank of Baroda · BANKBARODA
✦ AI Summary▼ NegativeRegulatory
Bank of Baroda has been imposed a penalty of Rs 63.60 lacs by RBI for collecting interest higher than the contracted rate of interest in certain loan accounts and not uploading KYC records of certain customers onto Central KYC Records Registry (CKYCR) within the prescribed timeline.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment2/10
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Full Announcement
Bank Of Baroda has informed the Exchange about disclosure under regulation 30
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BANKBARODA_03072026190530_SEPENALTY.pdf
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BCC:ISD:118:16:334 03.07.2026
The Vice-President, The Vice-President,
B S E Ltd., National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers Exchange Plaza,
Dalal Street Bandra Kurla Complex, Bandra (E)
Mumbai – 400 001 Mumbai – 400 051
BSE CODE-532134 CODE-BANKBARODA
Madam/Dear Sir,
Re: Intimation under Regulation 30 read with Para A of Part A of Schedule III of the SEBI
(LODR) Regulations 2015.
We advise that RBI has imposed a penalty of Rs 63.60 lacs on Bank of Baroda. The details are as
under:
Date of receipt
Nature and details of direction or Impact on financial
of action(s) order, including operation or other
Name of Details of violation(s) /
taken, initiated or any ad-interim activities of listed
the contravention(s) committed
order(s) passed orders, or any entity, quantifiable
Authority or alleged to be committed
(Aggregate in other in monetary terms
Rs.) communication to extent possible
from authority
1. The Bank had collected
interest higher than the
contracted rate of
interest, in certain loan Rs 63.60 lacs
Penalty of Rs
accounts.
Reserve 63.60 lacs
Bank of (Rupees Sixty 03.07.2026
2. The Bank did not The P&L would be
India Three Lakh Sixty
upload KYC record of impacted by this
Thousand Only)
certain customers onto amount.
Central KYC Records
Registry (CKYCR)
within the prescribed
timeline
We request you to take note of the above and upload the information on your website.
Yours faithfully,
S Balakumar
Company Secretary
बडौदा कॉप(cid:574)रेट स(cid:581)टर, सी-26, जी-(cid:222) लॉक, बा(cid:219)(cid:289)ा कुला(cid:91) कॉ(cid:224) (cid:220) ल(cid:200)े स, मुंबई 400 051, भारत.
Baroda Corporate Centre, Bandra Kurla Complex, Mumbai 400 051, India
फोन / Ph : 91 22 6698 5812 ई मेल / E Mail : companysecretary.bcc@bankofbaroda.bank.in वेब / Web : www.bankofbaroda.bank.in