Wednesday, October 31, 2018

BOB Q2 numbers : Asset quality, NII improves

Image result for bank of baroda

Bank Baroda's net profit for second quarter stood at Rs 425 Cr, up 20% in the same quarter last fiscal.

The bank's standalone revenue has improved by 7.5%, YOY to Rs 13,430 Cr. 

Its NII for the quarter came at Rs 4,492 Cr as against Rs 3,720 Cr in the last fiscal.

The provisions for the quarter has gone up by 4.3% yoy to Rs2,429.5cr.

Domestic CASA deposits registered a growth of 11.63 % .

Domestic Deposits stood at Rs 4.84 lakh Cr for Q2 FY19 up by 8.17% from 4.47 lakh Cr as on September 30, 2017.

Domestic advances grew by 20.37% to Rs 3.37 lakh Cr for Q2 FY19 from Rs 2.8 lakh Cr, year ago.

No comments:

Post a Comment