Bank of Baroda loses ground on money laundering reports

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Shares in India's top public sector bank, Bank of Baroda was trading down by more then a per cent at Rs 647 following a report by Firstpost.com over the bank's Nassau branch saw successive wire transfers of several hundred thousand dollars from from Dubai-based currency exchanges suspected of laundering organised crime proceeds.

    Other PSU banking stocks also dropped on weakening market sentiments. Stocks that lost ground in trade were Canara Bank, Punjab National Bank and IDBI Bank.

    GoodReturns.in

    Read more about: bank of baroda
    Story first published: Monday, April 8, 2013, 11:46 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    Notification Settings X
    Time Settings
    Done
    Clear Notification X
    Do you want to clear all the notifications from your inbox?
    Settings X
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more