BRIEF-India's Bank Of Baroda Sept Quarter Net Profit Rises
SEPT QUARTER NET PROFIT 7.37 BILLION RUPEES VERSUS PROFIT OF 4.25 BILLION RUPEES LAST YEAR
SEPT QUARTER INTEREST EARNED 192.74 BILLION RUPEES VERSUS 120.78 BILLION RUPEES LAST YEAR
SEPT QUARTER PROVISIONS AND CONTINGENCIES 42.09 BILLION RUPEES VERSUS 24.3 BILLION RUPEES LAST YEAR
SEPT QUARTER PROVISIONS FOR NPA 34.25 BILLION RUPEES VERSUS 14.67 BILLION RUPEES LAST YEAR
SEPT QUARTER GROSS NPA 10.25% VERSUS 10.28% PREVIOUS QUARTER
SEPT QUARTER NET NPA 3.91% VERSUS 3.95% PREVIOUS QUARTER
NET INTEREST MARGIN (NIM) INCREASED TO 2.81 % IN SEPTEMBER 2019 FROM 2.62% IN SEPT 2018
PROVISION COVERAGE RATIO (PCR) EXCLUDING TWO INCREASED TO 64.42% AS ON SEPTEMBER 30