Domestic deposits stood at Rs 11,28,523 crore as on 31 March 2024, registering a growth of 7.75% year on year.
Domestic retail advances was at Rs 2,14,792 crore as on 31 March 2024, up 20.64% as against Rs 1,78,037 crore as on 31 March 2023.
The global business grew 11.20% to Rs 24,16,741 crore as on 31 March 2024 as compared to Rs 21,73,236 crore recorded in the same period a year ago.
Global deposits was at Rs 13,26,919 crore (up 10.24% YoY) and global advances stood at Rs 10,89,822 crore (up 12.41% YoY) as on 31 March 2024.
Bank of Baroda is one of India's largest banks with a strong domestic presence spanning 8,211 branches and 11,030 ATMs and cash recyclers supported by self-service channels. The bank has a significant international presence with a network of 92 overseas offices spanning 17 countries. As of 31 December 2023, Government of India held 63.97% stake in the bank.
The PSU bank’s standalone net profit jumped 18.8% to Rs 4,579 crore in Q3 FY24 as compared with Rs 3,853 crore in Q3 FY23. Total income jumped 15.96% YoY to Rs 31,415.62 crore in Q3 FY24.
The scrip rose 0.67% to Rs 270.50 on the BSE.