Bank of Baroda - Q3FY24 Business Update

Bank of Baroda has announced the business update for the period ended December 31, 2023 (Q3 FY2024).

As of 31st December 2023, Global Business of Bank of Baroda grew by 10.68% YoY to ₹ 22.95 trillion.

Global Advances of the bank grew by 13.59% YoY to ₹ 10.49 trillion as of 31st December 2023.

Global Deposits of the bank grew by 8.34% YoY to ₹ 12.45 trillion as of 31st December 2023.

The Bank shed Bulk Deposits (including CD) of ₹ 14,285 Crores during the Quarter from a cost optimization perspective, but for which, the Bank's Deposit and Total Business growth would have been higher.



Shares of Bank of Baroda was last trading in BSE at Rs. 234.45 as compared to the previous close of Rs. 237.80. The total number of shares traded during the day was 1080445 in over 9207 trades.

The stock hit an intraday high of Rs. 239.40 and intraday low of 231.00. The net turnover during the day was Rs. 254426357.00.

Source : Equity Bulls

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BankofBaroda INE028A01039 Q3FY24 BusinessUpdate