Thursday, July 29, 2010

Milestone of India - PSU Bank of Baroda June quaerter net up.

MUMBAI: Public sector Bank of Baroda today reported a 25 per cent growth in net profit at Rs 859.16 crore for the first quarter ended June 30.

Total income of the bank increased to Rs 5,344.2 crore during the April-June quarter, from Rs 4,735.15 crore in the corresponding period a year ago, BOB said in a filing to the Bombay Stock Exchange.
The bank's interest income rose 17 per cent to Rs 4,727 crore, while the interest expenditure was up 1.5 per cent at Rs 2,869 crore during the said quarter.

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