13% growth in Bank of Baroda's loan portfolio
The total business of the bank increased 10.68 per cent to Rs 22.94 lakh crore at the end of December 31, 2023
New Delhi: In a filing wirh stock exchanges, public sector lender Bank of Baroda (BoB) said it has posted a 13.41 per cent growth in advances to Rs 8.6 lakh crore in the December quarter.
Total advances stood at Rs 7.6 lakh crore at the end of the third quarter of the last financial year.
The bank's deposits rose a tad lower at 6.34 per cent to Rs 10.67 lakh crore during the quarter from Rs 10 lakh crore in the year-ago period, it said.
As a result, the total business of the bank increased 10.68 per cent to Rs 22.94 lakh crore at the end of December 31, 2023, it added.