Edition:
United Kingdom

India's Bank Of Baroda March Qtr Net Loss Narrows


Wednesday, 22 May 2019 

May 22 (Reuters) - Bank of Baroda Ltd ::MARCH QUARTER NET LOSS 9.91 BILLION RUPEES VERSUS LOSS OF 31.02 BILLION RUPEES LAST YEAR.MARCH QUARTER INTEREST EARNED 133.14 BILLION RUPEES VERSUS 110.39 BILLION RUPEES LAST YEAR.MARCH QUARTER PROVISIONS AND CONTINGENCIES 53.99 BILLION RUPEES VERSUS 66.72 BILLION RUPEES LAST YEAR.MARCH QUARTER PROVISIONS FOR NPA 55.50 BILLION RUPEES VERSUS 70.53 BILLION RUPEES LAST YEAR.MARCH QUARTER GROSS NPA 9.61 PERCENT VERSUS 11.01 PERCENT PREVIOUS QUARTER.MARCH QUARTER NET NPA 3.33 PERCENT VERSUS 4.26 PERCENT PREVIOUS QUARTER.APPROVED RAISNG OF ADDITIONAL CAPITAL FUND OF UP TO 194 BILLION RUPEES.MARCH QUARTER NIM 2.90 %.MARCH QUARTER DOMESTIC NIM 2.98 %.