Bank of Baroda Reports Record Q2 Net Profit of ₹6,532 Crore

Bank of Baroda reported its highest-ever quarterly net profit of 6,532 crore rupees for the quarter ended September, driven by a 95.8 per cent surge in non-interest income.

Net interest income rose 9 per cent to 13,026 crore rupees, while gross non-performing assets improved to 1.78 per cent from 2.16 per cent a year ago.

Domestic advances grew 13.5 per cent, supported by an expansion in agriculture and MSME portfolios amid ongoing legal challenges involving NMC Healthcare.