Bank Of Baroda's Q3 Net Profit Rises 75% To ₹3,853 Crore: Sanjiv Chadha Exclusive | CNBC-TV18

Bank of Baroda (BOB) said it has declared highest ever quarterly standalone net profit of ₹3,853 crore for the third quarter ended December 2022 (Q3 FY23), which is up by over 75% from the year ago quarter of ₹2,197 crore. Shares of Bank of Baroda were trading more than 3% higher in Friday's afternoon deals on the BSE at ₹159 apiece.Its net interest income (NII) grew over 26% to ₹10,818 crore as compared to ₹8,552 crore year-on-year (YoY). Net Interest Margin (NIM) stands at 3.37% in the October-December period, increase of 24 basis points (bps) YoY for the quarter.In an exclusive conversation with CNBC-TV18, Sanjiv Chadha, MD & CEO, Bank of Baroda, speaks on the firm's Q3FY23 results. Listen in.#bankofbaroda #Q3FY23results #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday About CNBC-TV18: