After BOB, This PSU Bank orders Staff to work on Sunday

Bank of Baroda has issued a circular directing employees to open branches on Sunday, August 3, 2025. After Bank of Baroda employees protested, another bank ordered them to open branches on August 3, 2025. 

 A directive issued by Union Bank of India directs employees to open branches on Sunday, August 3, 2025. Union Bank stated that the 20th installment under Pradhan Mantri Kisan Samman Nidhi is to be released from July 29 (Thursday) to August 3 (Sunday) in accordance with the communication received from the Ministry of Agriculture & Farmers Welfare, Government of India, via their letter D.O. No 9.3/2025-FWS-Part (4) dated July 29, 2025.

On Saturday, August 2, 2025, the Hon. Prime Minister of India has agreed to release the twentieth installment to the qualified PM KISAN Farmers. 

 The Ministry of Finance's Department of Financial Services has instructed the banks to maintain their branches open from July 29 to August 2, 2025, as well as on Sunday, August 3, 2025, to allow beneficiaries to be paid on the due date. 

 Through the aforementioned letter, the Ministry of Agriculture and Farmers Welfare and the Department of Agriculture & Farmers Welfare have communicated that the RBI's NEFT/RTGS platform will be operational on Sunday, August 3, 2025, to enable fund transfers from Accredited Bank to Sponsor Banks and fund settlements within Banks.

In view of the above directions, the Union Bank has released instructed that all the Branches to be kept open for public on 3rd August 2025 (Sunday).

While keeping the Branches open Regional Offices should ensure that sufficient number of staff is present in the Branches and take prior permission from DIT for SOL opening on that day.

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Bank of Baroda(BoB) Specialist Officers (SO) Recruitment 2025 Notification

Bank of Baroda(BoB) has announced the recruitment of 330 Specialist Officers (SO) on a fixed-term contractual basis in various departments such as Digital Banking, MSME, Risk Management, and Cyber Security.

Bank of Baroda(BoB) SO Recruitment 2025 Overview

Organization	Bank of Baroda(BoB)
Post Name	Specialist Officer (SO)
Vacancies	330
Job Type	Contractual (5 years, extendable)
Last Date to Apply	19 August 2025
Mode of Application	Online
Official Website	www.bankofbaroda.in

Bank of Baroda SO Recruitment 2025 Important Dates

• Online Application Start Date: 30 July 2025
• Last Date to Apply: 19 August 2025 (till 11:59 PM)
• Pay Exam Fee Last Date: 19 August 2025

Bank of Baroda SO Recruitment 2025 Educational Qualifications

Post Name	Qualification
Specialist Officer (SO)	Degree in relevant field with required experience

Bank of Baroda SO Recruitment 2025 Vacancy Details

Post Name	Vacancies
Specialist Officer (SO)	330

Bank of Baroda SO Recruitment 2025 Notification & Apply Online Link

Notification PDF	Click Here
Apply Online	Click Here

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Bank of Baroda(BoB) Q1 Results: Net profit rises 1.8% YoY

Public sector lender Bank of Baroda (BoB) announced its earnings for the April-June quarter of the fiscal year 2025-26 on Friday, July 25. The bank reported a 1.8 per cent year-on-year (YoY) rise in its standalone net profit for Q1FY26, at ₹4,541.3 crore compared to ₹4,458 crore in the same period last year.

In the first quarter of the fiscal year that concluded in 2025–2026, the total interest income increased 4.9% to ₹31,091 crore from ₹29,628 crore in the same time the year before. 

 In the June quarter, the bank's net interest income (NII) dropped from ₹11,600 crore to ₹11,435 crore, a decrease of around 1.4% year over year. The bank reported that the domestic net interest margin (NIM) for the reviewed quarter was 3.06 percent, while the global NIM was 2.91 percent. 

According to the exchange statement, Bank of Baroda's gross non-performing assets (NPAs) for the first quarter of the 2026 fiscal year were 2.28 percent, down from 2.88 percent in the same quarter of the previous fiscal year.

Compared to 0.69 percent in the same quarter of the prior fiscal year, the bank's net non-performing assets (NPA) for the April–June quarter of FY26 were 0.6%. A crucial financial indicator used to assess a bank's capital in relation to its risk-weighted assets, the capital adequacy ratio, increased from 16.82 percent to 17.61 percent.

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Bank of Baroda(BoB) released new vacancy for Various Posts

 

Bank of Baroda has released new vacancy for recruitment of candidates to various posts. All details such as eligibility, age limit, etc. are given below.

Important Dates

• Online Registration of Application starts from : 23.07.2025
• Last date for Submission of Application & Payment of fees: 12.08.2025

Vacancies

Post	Vacancy
Manager – Digital Product	7
Senior Manager – Digital Product	6
Fire Safety Officer	14
Manager – Information Security	4
Senior Manager – Information Security	4
Chief Manager – Information Security	2
Manager – Storage Administrator and Backup	2
Senior Manager – Storage Administrator and Backup	2

Post and Scale

Post	Scale
Manager – Digital Product	Scale II
Senior Manager – Digital Product	Scale III
Fire Safety Officer	Scale I
Manager – Information Security	Scale II
Senior Manager – Information Security	Scale III
Chief Manager – Information Security	Scale IV
Manager – Storage Administrator and Backup	Scale II
Senior Manager – Storage Administrator and Backup	Scale III

Age Limit

Post	Age Limit
Manager – Digital Product	Min.: 24 Max.: 34
Senior Manager – Digital Product	Min.: 27 Max.: 37
Fire Safety Officer	Min.: 22 Max.: 35
Manager – Information Security	Min.: 24 Max.: 34
Senior Manager – Information Security	Min.: 27 Max.: 37
Chief Manager – Information Security	Min.: 30 Max.: 40
Manager – Storage Administrator and Backup	Min.: 24 Max.: 34
Senior Manager – Storage Administrator and Backup	Min.: 27 Max.: 37

Click here for Notification

• Download Notification PDF
• Apply Online

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Bank of Baroda Chief Manager Dies by Suicide Due to Work Pressure

 A horrible event occurred in Baramati, Pune, where 52-year-old Shivshankar Mitra, the branch manager of Bank of Baroda, committed suicide. At the Bank of Baroda branch on Bhigwan Road, he served as the Chief Manager. 

 Finally, the suicide note is delivered. To view the suicide note, please scroll down. The event took place on Thursday, July 17, late at night. Inside the bank's grounds, Shivshankar Mitra was discovered dead. He had gone so far as to hang himself from the limb itself. He was originally from Uttar Pradesh.

Shivshankar Mitra left behind a devastating letter outlining his reasoning for taking his own life. He wrote that the bank was putting a lot of pressure on him. 

 Five days prior, he had submitted a voluntary retirement request, citing his inability to cope with the mounting pressure and workload. However, it is thought that he felt helpless and took this extreme action because senior officials failed to respond. 

 He stated unequivocally in his letter:

“I, Shivshankar Mitra, Chief Manager, Bank of Baroda, Baramati, am committing suicide due to the additional pressure from the bank. Please do not put such pressure on other staff members. Everyone is doing their job with full dedication.”

He also expressed a noble wish — that his eyes be donated, if possible.

In his note, he also made it apparent that no one in his family was accountable and that he was acting alone and rationally. He requested that no one be held responsible for anything other than the stress he was experiencing at work. 

 He sent the following in a heartfelt letter to his family: 

“Priya, forgive me. Mahi, forgive me.”

(These are believed to be his wife and daughter.)

The cause of death has not yet been formally established by the authorities. Nonetheless, the circumstances and the note's contents suggest that work strain is the primary cause. This incident emphasizes how banking workers are experiencing increasing levels of mental stress and how their wellbeing needs to be given careful consideration.

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Bank of Baroda(BoB) Local Bank Officer(LBO) Recruitment 2025 Notification

Bank of Baroda has released notification for recruitment of candidates to the post of LBO (Local Bank Officer). All details related to this recruitment are given below – last date to apply, age limit, eligibility, education qualifications, notification pdf, vacancy, etc.

Bank of Baroda LBO Important Dates

Event	Date
Start of Online Application	04 July 2025
Last Date to Apply	24 July 2025

Bank of Baroda LBO Recruitment 2025 Application Fee

Category	Fees
General / OBC / EWS	Rs.850/-
SC / ST / PwD	Rs.175/-

Bank of Baroda LBO Recruitment 2025 Notification PDF and Apply Online

• Download Notification PDF
• Apply Online

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Court issued an order after Bank officer cleared 47 checks using forged signatures

The Kerala High Court has mandated that Bank of Baroda reimburse clients who suffered financial losses as a result of the bank clearing fraudulent checks.  47 checks with fake signatures were cleared by a Bank of Baroda (formerly Vijaya Bank) personnel.  Of them, 15 were account payee checks, which were finally recovered, and 32 were paid to third parties, making the money hard to retrieve.

Many clients suffered significant financial losses as a result of the fraud, which went unnoticed for three months.  Following their initial complaints to the bank, several clients filed lawsuits.

According to the bank, it cleared the checks in accordance with all the correct processes and shouldn't be held accountable because the forgery might have been done by an insider or someone close to the consumers.

The Kerala High Court, however, dismissed each of these claims.

Key Points from the High Court Judgment

The High Court said that:

The Bank Was Negligent

The court said that the bank did not properly verify the signatures on the cheques. Many of the forged cheques.Did not match the specimen signatures kept by the bank. In some cases, no specimen signatures were even available.

 

Forgery Confirmed by Vigilance Reports

A vigilance officer’s report, accessed by the customers under the Right to Information Act (RTI), 2005, clearly showed that the cheques were forged. This report became a key piece of evidence in court.

1.      Bank’s Refusal to Accept the Report Was Rejected

The bank said the vigilance report was invalid because proper procedure wasn’t followed. But the court ruled that:

The bank did not prove what was wrong with the procedure.

The burden was on the bank to prove that the report was incorrect, but it failed to do so.

2.      Legal Principle from the Supreme Court Applied

The High Court cited the Supreme Court case Canara Bank vs. Canara Sales Corporation (1987), which said:

o    If a cheque’s signature is forged, the bank has no legal right to process or pay it.

o    Even if the customer was careless (e.g., lost cheque book), the bank still cannot escape responsibility unless the customer knowingly allowed the fraud.

Final Court Order

The trial court’s earlier decision was overturned. Bank of Baroda was ordered to refund the full

amount of the forged cheques. The Court ordered bank to pay 6% interest per year from the date

the case was filed until full recovery. The bank was also ordered to pay legal costs.

Why Court ruled against Bank

1. Burden of Proof on the Bank

The court clarified that once a forgery is proved:

o    The bank must prove it wasn’t at fault.

o    The bank cannot blame the customer unless it proves the customer was involved or ignored signs of fraud.

2. Internal Reports Can Be Used as Evidence

     The bank’s own internal vigilance reports were used in court against it. The judgment makes it clear that if a report points to negligence, the bank must prove why it is wrong—just denying it is not enough.

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PSU Bank clerk mysteriously dies after collapsing outside the Chitrakoot branch

 

A Bank of Baroda employee tragically passed away in Chitrakoot under dubious circumstances. The deceased, Sandeep Mishra, was a native of Lucknow and was 35 years old. He was employed at the bank as a clerk.

Sandeep Mishra reportedly showed up for job at the bank branch on Saturday morning. Nevertheless, Ayub Basu, the branch manager, saw that Sandeep seemed inebriated. The management suggested that he return home and recover.

Sandeep abruptly passed out next to the door as soon as he left the bank's grounds. When things became serious, an ambulance was dispatched right away.

Sadly, when Sandeep arrived at the district hospital after being taken there, the physicians pronounced him dead. The cause of death has not yet been determined.

The body was taken into custody by the Kotwali police and transferred to a mortuary for a post-mortem examination in order to ascertain the cause of death. Sandeep Mishra's family has been notified, and an inquiry is being conducted.

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Bank of Baroda(BoB) Q4 PAT rises 3% YoY

On Tuesday, Bank of Baroda (BoB) said that its standalone net profit for Q4FY25 increased 3.3% year over year (YoY) to Rs 5,048 crore from Rs 4,886 crore during the same period the previous year. For FY2024–2025, the state-run banking has declared a dividend of Rs 8.35 per equity share.

 June 6, 2025, has been set by the BoB as the record date for dividend payments. During the January–March quarter, BoB's interest income increased by 3.6% to Rs 30,642 crore from Rs 29,583.40 crore during the same period last year. 

In the quarter under review, the second-largest PSU bank by market capitalization spent Rs 19,622.39 crore on interest, a 10% increase from Rs 17,790.57 crore in Q4FY24.

The state-run lender reported a 6.6% decline in net interest income (NII) for the March quarter, at Rs 11,020 crore compared to Rs 11,793 crore in the same period last year.

The operating profit saw a marginal uptick of 0.3%, standing at Rs 8,132 crore in Q4FY25, compared to Rs 8,106 crore in the year-ago period.

Bank of Baroda reported a 66-bps decline in its gross non-performing assets (GNPA) to 2.26% in Q4FY25, down from 2.92% in the same quarter last year. Net NPA (NNPA) stood at 0.58% in Q4FY25, down 10 bps from 0.68% in Q4FY24.

Total deposits in the reported quarter stood at Rs 14,72,035 crore, registering a growth of 10.3% over Rs 13,35,136 crore in the corresponding quarter of the previous financial year. Of this, domestic deposits grew 9.3% to Rs 12,42,169 crore, while international deposits rose 16% to Rs 2,29,866 crore at the end of the March quarter.

Segment-wise, in the retail segment, home loans grew 17.3% YoY to Rs 1,31,123 crore, while auto loans rose 20.3% to Rs 46,549 crore.

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RBI imposed Penalty on 4 Major Banks

 

Four major banks, Bank of Baroda, IDBI Bank, Bank of Maharashtra, and ICICI Bank, have recently been hit with financial fines by the Reserve Bank of India (RBI) for noncompliance with key regulatory requirements. Following RBI examinations of the banks' operational and financial operations for the fiscal years 2023 and 2024, these fines were imposed. These fines are intended to improve adherence to banking regulations and guarantee that banks conduct themselves in an open and accountable manner. The RBI underlined, however, that these measures are only connected to regulatory matters and have no bearing on the legality of agreements or transactions between banks and their clients.

Bank of Baroda(BoB)

For failing to observe RBI guidelines regarding customer service and deposit interest rates, Bank of Baroda was fined Rs.61.40 lakh. In violation of the regulations, the bank permitted an insurance company to provide non-cash incentives to its employees. Additionally, some frozen or dormant savings accounts did not get timely interest credits. 

IDBI Bank 

In 2023, these problems were discovered during an RBI examination. Following a personal hearing and an assessment of the bank's response, the RBI chose to issue the penalty after the bank was requested to explain its actions.

For violating the RBI's guidelines under the Interest Subvention Scheme, which offers farmers interest relief on short-term loans made through the Kisan Credit Card (KCC), IDBI Bank was fined Rs.31.80 lakh.

Bank of Maharashtra 

BoM received a fine of Rs.31.80 lakh for failing to fully comply with Know Your Customer (KYC) rules. The bank opened several deposit accounts using Aadhaar-based e-KYC through OTP, in a non-face-to-face manner, but did not meet all the regulatory requirements for such processes. This was identified during the RBI’s evaluation for the financial year ending March 31, 2024. The bank’s explanations and submissions were reviewed, and the penalty was imposed for deficiencies in following the KYC norms.

ICICI Bank 

ICICI Bank faced the highest penalty of Rs.97.80 lakh. The bank failed to report a cyber security incident to the RBI within the required time, did not implement an effective system for alerting suspicious account activity, and also failed to send credit card statements to certain customers—yet charged them late payment fees. These failures were considered serious breaches of customer service and operational transparency. After a detailed inspection and review of the bank’s responses, the RBI imposed the penalty.These penalties are aimed at reinforcing the importance of following regulatory standards. RBI emphasized that these fines are not judgments on the legal validity of customer transactions or contracts, but are strictly based on gaps in compliance. Penalties have been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 51(1) of the Banking Regulation Act, 1949.

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