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bank-of-baroda

Bank of Baroda closes 3 overseas branches; stock trades flat

State-owned international banking and financial services company Bank of Baroda was trading flat.

State-owned international banking and financial services company Bank of Baroda was trading flat on Wednesday morning. It had earlier announced its decision to close the Bahamas, Omar and Bahrain branches.

In a BSE filing, it clarified that to rationalize its overseas presence, the bank has closed its Nassau branch (Bahamas), Mutrah branch (Oman), and Bahrain branch (Bahrain) on July 26, July 2, and June 28, respectively.

Bank of Baroda is currently trading at Rs152.05 down by Rs1.4 or 0.91% from its previous closing of Rs153.45 on the BSE.
The scrip opened at Rs152.80 and has touched a high and low of Rs153.65 and Rs150.40 respectively. So far 72,94,102 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs40,595.45cr.
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