'Bank of Baroda has reported 2% growth in net profit at Rs 4541.36 crore
for the quarter ended June 2025 (Q1FY2026). The bank has posted 1% decline in
net interest income (NII), while the core fee income of the bank improved 10%
in Q1FY2026. The Net Interest Margin (NIM) of the bank declined to 2.91% in
Q1FY2026 compared to 3.18% in the corresponding quarter of previous year.
On business
front, the bank as has posted 11% growth in business with strong 13% surge in
loan book. The asset quality of the bank was stable in Q1FY2026. Bank has
substantially improved the credit to deposit ratio to 84.1% at end June 2025
from 82.0% at end June 2024. However, the CASA ratio of the bank has declined
to 32.7% at end June 2025 from 34.7% at end June 2024.
Asset
quality stable: The bank has maintained stable asset quality in Q1FY2026.
The fresh
slippages of loans stood at Rs 3686 crore in Q1FY2026 compared with 3159 crore
in previous quarter and Rs 3018 cror...
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