Bank of Baroda Q2 internet up 58.7%
1 min readState-run Bank of Baroda (BoB) reported a 58.7 per cent in its internet revenue at Rs 3,313 crore within the second quarter ended September 2022 from Rs 2,088 crore in the identical quarter of the earlier fiscal. Its internet curiosity earnings (NII) rose 34.5 per cent to Rs 10,174 crore from Rs 7,566 crore in the identical quarter of the final fiscal.
While gross NPA ratio improved to five.31 per cent from 8.11, internet NPA diminished to 1.16 per cent from 2.83 per cent. Capital adequacy ratio declined to fifteen.25 per cent from 15.55 per cent on the finish of September 2021. On a consolidated foundation, BoB group’s internet revenue elevated to Rs 3,400 crore as in opposition to Rs 2,168 crore in the identical interval a yr in the past.
