State-run Financial institution of Baroda (BoB) reported a 58.7 per cent in its web revenue at Rs 3,313 crore within the second quarter ended September 2022 from Rs 2,088 crore in the identical quarter of the earlier fiscal. Its web curiosity earnings (NII) rose 34.5 per cent to Rs 10,174 crore from Rs 7,566 crore in the identical quarter of the final fiscal.
Whereas gross NPA ratio improved to five.31 per cent from 8.11, web NPA decreased to 1.16 per cent from 2.83 per cent. Capital adequacy ratio declined to fifteen.25 per cent from 15.55 per cent on the finish of September 2021. On a consolidated foundation, BoB group’s web revenue elevated to Rs 3,400 crore as in opposition to Rs 2,168 crore in the identical interval a yr in the past.
