Net Interest Income witnessed a marginal increase in the quarter to Rs 11,954 crore as against Rs 11,637 crore a year ago. (File photo of a Bank of Baroda branch in Nerul. Photographer: Vijay Sartape/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
State-owned Bank of Baroda on Friday reported an 8% fall in net profit to Rs 4,809 crore for the second quarter ended September as interest income moderates.
The bank had earned a net profit of Rs 5,238 crore in the year-ago period.
Total income also declined to Rs 35,026 crore in the second quarter from Rs 35,445 crore in the same period of the previous fiscal, BoB said in a regulatory filing.
However, interest income improved to Rs 31,511 crore from Rs 30,278 crore in the same quarter a year ago.
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