India Ratings and Research (Ind-Ra) has affirmed Bank of Baroda’s (BoB’s) long-term issuer rating at AAA with a stable outlook and short-term issuer rating at A1-plus. The ratings continue to reflect BoB’s highly systemically important position and hence a high probability of support from the government which has 63.97 percent if required. Ind-Ra said […]
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Bank of Baroda posts Q1 net profit of Rs 1,209 crore, NII up 16 pc
Bank of Baroda on Saturday reported a net profit at Rs 1,209 crore in the April to June quarter on the back of 16 percent growth in net interest income to Rs 7,892 crore. In the January to March quarter (Q4 FY21), it had reported a standalone net loss of […]