Bank of Baroda Q1 profit dips 60% to ₹424 cr
The Bank of Baroda on Thursday posted a 60% year-on-year decline in its net profit at ₹424 crore for the quarter ended June amid a rise in bad loans, the bank said in a statement. Total income for the quarter declined 2.9% at ₹11,878 crore, while provision for non-performing assets increased three-fold to ₹1,986 crore. 