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Update at 1115 hrs (IST)


Banking & Finance
Bank of Baroda net up 37%

MUMBAI: Public sector lender Bank of Baroda (BoB) on Monday announced a consolidated net profit of Rs 1,548.38 crore for the financial year ended March 31, a 37.16 per cent growth over the year-ago period.

The bank had a net profit of Rs 1,128.86 crore in FY'07, BoB said in a filing to the Bombay Stock Exchange. The total income rose to Rs 14,306.67 crore in FY'08, from Rs 10,812.81 crore in the previous fiscal.

Shares of BoB were trading at Rs 235.15, up 1.47 per cent in the early morning trade on the BSE. -PTI
Related Stories:
Bank of Baroda Q3 net grows 52% at Rs 501 cr

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