Tag: Bank of Baroda

Bank Of Baroda Q3 Profit Rises 4.39%; Lowers FY26 Credit Costs On Strong Asset Quality

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State-run Bank of Baroda on Friday reported a 4.39 per cent increase in consolidated net profit for the December quarter at Rs 5,443 crore, helped by lower provisions as net interest margin compression held back core income growth. On a standalone basis, its net profit grew to Rs 5,055 crore as against Rs 4,837 crore…

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Bank of Baroda Q1 net profit grows 9.5% to ₹4,458 crore

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Bank of Baroda Q1 net profit grows 9.5% to ₹4,458 crore

Bank of Baroda witnessed an improvement in its asset quality. File  | Photo Credit: Reuters Bank of Baroda reported that its first-quarter standalone net profit grew 9.5% to ₹4,458 crore over the year-ago period, driven by lower credit cost. The bank’s Net Interest Income (NII) grew 5% year-on-year (YoY) to ₹11,600 crore, the bank said…

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Bank of Baroda falls after RBI ban on adding new app customers

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Bank of Baroda falls after RBI ban on adding new app customers

“Bank of Baroda will be allowed to onboard customers to its Bob World app only after rectifying certain deficiencies,” the RBI said on October 10, without giving any details about the issues. | Photo Credit: Reuters Shares of Bank of Baroda fell nearly 4% on October 11, a day after the Reserve Bank of India…

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