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BoB Q1 net up 16.5% at Rs 1,362 crore

Source : BUSINESS_STANDARD
Last Updated: Mon, Jul 28, 2014 15:42 hrs
A cashier counts currency notes as customers wait inside a bank in Hyderabad

Bank of Baroda on Monday reported Q1 net profit of Rs 1,362 crore as compared to Rs 1,168 crore in the year-ago quarter, an uptick of 16.5%.
 
The bank's gross NPAs rose to 3.11% compared to 2.94% sequentially. Net NPAs were also up from 1.52% to 1.58% q-o-q.
 
BoB's net interest income for the quarter was Rs 3,328.3 crore.
 
Capital Adequacy ratio (Basel-III) came in at 11.91% compared to 12.28% q-o-q.


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