Mumbai31 minutes ago
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The bank was founded on 20 July 1908 by Maharaja Sayajirao Gaikwad III of Baroda, Maharaja of Baroda.
After the results of the fourth quarter of FY 2025, the shares of Bank of Baroda fell 11% to close at Rs 222 today i.e. on 6 May. In the January-March quarter, the bank’s net interest income i.e. interest income has declined by 7%, due to which the shares have declined.
However, the bank’s net profit has increased by 3.2% to Rs 5,047.7 crore. The company recorded a profit of Rs 4,886.5 crore in the March quarter last year. This is the biggest decline in the bank shares after 4 June 2024. Then its shares fell 16%.
Bank’s Stadalone Result, Net NPA reduced to 2.26%
- The bank’s net interest income declined by 7% to Rs 11,019 crore, which was Rs 11,793 crore in the same quarter of last year.
- The total income increased to Rs 35,852 crore. The same quarter of last year was Rs 33,775.
- The operating profit before provisions was Rs 8,132 crore, which is slightly higher than the same quarter of the previous year.
- Tax expenses have increased to Rs 1523 crore. He was Rs 1303 crore in the same quarter of last year.
- Provisions and conferences increased from Rs 1,302 crore to Rs 1,551 crore from a year ago.
- The gross NPA ratio declined from 2.92% to 2.26% a year ago. Net NPA improved from 0.68% to 0.58%.
Bank has a profit of Rs 19,581 crore throughout the year
For the entire year of FY 2025, Bank of Baroda recorded a net profit of Rs 19,581 crore. It was Rs 17,788 crore in FY 2024. The whole year’s net interest income was Rs 44,368 crore. It was Rs 45,231 crore a year ago.
The bank will also give dividends of Rs 8.35 per share to its shareholders. For this, the bank has set a record/cut off date 06 June 2025. That is, shareholders holding shares by 06 June 2025 will be eligible for divedndand payment.
In 1908, Maharaja Sayajirao Gaikwad III built a bank
The bank was founded on 20 July 1908 by Maharaja Sayajirao Gaikwad III of Baroda, Maharaja of Baroda. It was nationalized by the Government of India on 19 July 1969. It is the third largest government bank in India. Its headquarters is Vadodara.
In 2019, Vijaya Bank and Dena Bank merged with Bank of Baroda. It has 8,100+ branches, 25,000+ customer contact points (5,000+ branches, 6,250+ ATMs), and 105 foreign branches. As of March 2024, it had 75,515 employees.
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