RBI imposes Rs 63.60 lakh penalty on Bank of Baroda

Regulatory & Legal View source PDF Explain this filing

BANKBARODA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹252.20

prior close

₹252.90

announcement price

After-mkt

timing

Nifty 100market+0.6%-1.5% vs market

Public Sector Bank peers, median of 11sector-1.0%+0.1% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty 100 and 0.1 pts more than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-0.7

15m

-0.5

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.9+0.6-1.5-1.0+0.1

Next day

-1.8+0.4-2.2-1.4-0.4

-4.4-1.7-2.8-4.0-0.4

-3.1-1.2-1.8-1.8-1.3

-0.5-0.2-0.3+0.5-1.0

-0.7-0.2-0.5+1.0-1.7

-1.6-0.7-1.0-0.4-1.3

15d

-3.2-0.8-2.3-1.0-2.2

-0.5+1.8-2.3+1.1-1.6

-6.2-1.6-4.6-3.5-2.7

-7.8-5.6-2.2-8.1+0.3

UpDownMarket · Nifty 100Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

RBI has imposed a penalty of Rs 63.60 lakhs on Bank of Baroda for two compliance issues: collecting interest higher than the contracted rate in certain loan accounts, and failing to upload KYC records of some customers onto the Central KYC Records Registry within the prescribed timeline. The penalty will be charged to the bank's profit and loss account.

Likely market impact

Minor one-time hit of Rs 63.60 lakhs to P&L. Negligible relative to bank's overall size and no major operational impact.