After a 'good response' at the newly opened branch here on Bankers' Row, Bank of Baroda (BOB) managing director Kishore Kharat said the bank wants to open branches in San Fernando and Chaguanas by mid 2008.

Bank of Baroda has informed the BSE that the bank, Andhra Bank and Legal & General Group Plc of the UK signed an MoU on November 16 to form a joint venture for life insurance business, with Bank of Baroda holding 44 per cent stake, Andhra Bank 3 0 per cent and Legal and General 26 per cent.

Public sector bank, Bank of Baroda (BoB) on Nov 1, reduced the rate of interest on car loans by 100 basis points (bps), as a festival bonanza for customers. The new rates will be effective for all loans sanctioned on or after November 01, reports Mint.

With the launch of the new '57' number plate, many consumers in the UK have been thinking about getting a new vehicle, but before doing this it is important to make sure that you have the necessary finance required to buy your vehicle. Buying a new vehicle can be very exciting, but with the wrong finance package it can also prove to be very expensive. These days there are a number of options available to those looking to buy a new or used vehicle, and by knowing what options are available you can make sure that you get the best deal on your car finance based on your needs and circumstances, making it far more affordable to purchase a new or newer vehicle.

Don't rush into a loan because the financier offers a 9% loan. For all you know, it could be a flat rate scheme. The best criteria to compare a car loan would be the effective interest rate, which would factor in the method of computation of interest and other costs like processing charges. Right now, most auto financing companies offer effective interest rates in the range of 13-16 per cent. Company owned car financiers could charge you even lower. So a bit of shopping around helps. It would also be worthwhile to bargain for a rate - half a per cent saving could be a decent amount.

Bank of Baroda offers you the best compare car loan rates. wondering for a good deal? go for car loan with it and enjoy the magical moments with your family.

If all the financial jugglery confuses you, the easiest way to spot the lowest effective interest rate (all other things being equal) is to compare EMIs. Let's say you plan to take a Rs 2 lakh loan for a 5-year period, it would be simplest to compare what EMI you would be paying. Several websites now allow you to compare EMIs for similar schemes of various financiers.

With the launch of the new '57' number plate, many consumers in the UK have been thinking about getting a new vehicle, but before doing this it is important to make sure that you have the necessary finance required to buy your vehicle. Buying a new vehicle can be very exciting, but with the wrong finance package it can also prove to be very expensive. These days there are a number of options available to those looking to buy a new or used vehicle, and by knowing what options are available you can make sure that you get the best deal on your car finance based on your needs and circumstances, making it far more affordable to purchase a new or newer vehicle.

There are a number of banks that offer some good deals on car finance, and Bank of Baroda is one of these banks, which has recently launched a new loan targeted specifically at car purchasers. In order to go through a mainstream bank for your car loan you will usually need to have a good credit rating. However, if you do qualify for one of these loans you can enjoy a good rate of interest, affordable repayments with a choice of repayment periods, and some additional perks and benefits. For instance, the new Barclay's car loan offers discounts on insurance, free HPI checks, and huge discounts off RAC breakdown and recovery cover.

Though non-performing assets of banks have been on a rise in the June 2007 quarter, analysts are not alarmed as yet.

Says a senior official of one of the leading private sector banks, "Banks, who went gung-ho on retail and were lending recklessly to risky borrowers three-four years back are bearing the brunt now." Adds, Rupa Rege, chief economist, Bank of Baroda, "Export-focused small and medium enterprises (SMEs), which did not have major raw material imports, had to face a double whammy of declining realisations as a result of appreciating rupee and hike in their borrowing costs."

Finquest Securities, "NPA levels should remain at the current levels as housing, which forms about half of the total retail portfolio of the banking sector, and auto loans are secured by underlying assets." However, there are concerns of NPAs on personal loans and credit cards.

Bank of Baroda (BoB) has reduced its lending rates on housing, car and trader loans with effect from August. The drop in the rate varies from 0.25 per cent under floating rate to 0.50 per cent under the fixed rate option for the five-year-and-above categories of housing finance according to a BoB press note. The drop in the rate has been significant 0.75 per cent to 1.25 per cent for the up-to-three-year category of car loans.

WITH the Indian market flooded with car models, gone are the days when buyers were forced to buy an Ambassador, a Fiat or a Maruti. Also gone are the days of saving for years for your dream car. It's a buyers market with an increasing number of financiers offering you the "best deal" in car finance. But the finance schemes, advertisements and brochures only make you more confused. Don't know where to find that best deal for you?

It pays to check the schemes of various financiers and do a little research before you take a loan. Here's where to go for auto financing - institutions and companies offering car finance include nationalised banks like State Bank of India, Allahabad Bank, Bank of Baroda, Bank of Maharashtra, Corporation Bank and Punjab National Bank.

Indian market has now been oveloaded with a variety of cars, there was a time when buyers were forced to buy a ambassdor, fiat or maruti. Also there was a hard barrior iof you have to buy your dream car you have to save a lot of earnings and then also some money fall in sort. Now the time has completely changed there are many options in front of you, financiers are eager to make a good deal with you but it all depends on you whom to select and whom to reffuge.

All these lovely finance schemes, advertisement, and brouchers are only for creating confusions. Stay away from them and take a strict step to rescue from useless financial schemes.

Normally a buyer do a research befor taking a loan. Here are few nationalised banks like State Bank of India, Allahabad Bank, Bank of Baroda, Bank of Maharashtra, Corporation Bank and Punjab National Bank who can never misguide you.

-> Loans available up to Rs 15 Lakhs for any car make/model (Inclusive of Gas-Kit).

-> Loans can be availed for new and second-hand vehicles (Not more than 3 years old).

-> Repayment period as long as 7 years.

-> Low interest rates.