 "Bank of Baroda gains on improved assets quality in Q2")
Bank of Baroda was up 4% to Rs 181 on the BSE in intra-day trade after the state-owned lender reported improved operational performance and assets quality in September quarter (Q2FY18). The stock rebounded 7% from its early morning low of Rs 169.
Bank of Baroda reported 13% year on year (YoY) growth in its operating profit at Rs 3,042 crore during Q2FY18, driven by growth both in interest and fee income.
Net interest income for the quarter rose by 8.58% to Rs 3,720 crore from Rs 3,426 crore in the corresponding period of the previous year. Other income
Bank of Baroda reported 13% year on year (YoY) growth in its operating profit at Rs 3,042 crore during Q2FY18, driven by growth both in interest and fee income.
Net interest income for the quarter rose by 8.58% to Rs 3,720 crore from Rs 3,426 crore in the corresponding period of the previous year. Other income
