Bank of Baroda reports Q4 loss of Rs 991 cr; asset quality improves
Asset quality eased marginally with percentage of gross non-performing assets (NPAs) coming in at 9.61% against 11.01% in the previous quarter
 "Bank of Baroda reports Q4 loss of Rs 991 cr; asset quality improves")
premium
Public lender Bank of Baroda on Wednesday posted a net loss of Rs 991 crore for the quarter ended March 31. The bank had posted a loss of Rs 3,102.3 crore in the corresponding quarter last year on the back of accelerated slippages and the impact of RBI's February 12 circular.
Asset quality eased marginally with percentage of gross non-performing assets (NPAs) coming in at 9.61 per cent against 11.01 per cent in the previous quarter. The figure stood at 12.26 per cent in the same period last year.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%