Bank of Baroda posts net loss of ₹3,230 cr in Q4
Bank of Baroda on Friday reported a net loss of ₹3,230 crore for the quarter ended March, against a net profit of ₹598 crore in year-ago period. Gross non-performing assets, at ₹40,521 crore, rose to 9.99% of total loans, from 9.68% in the preceding quarter. Provisions and contingencies increased to ₹6,857 crore from ₹1,817 crore a year ago.