Bank of Baroda's (BoB’s) Q3FY25 global business grew by 11.74% year-on-year to Rs 25.64 lakh crore versus Rs 22.94 lakh crore reported by the state lender in the year-ago period.
In this, the global advances surged 11.65% YoY to Rs 11.72 lakh crore in the quarter ended December 31, 2024, up from Rs 10.49 lakh crore in Q3FY24, the company informed the exchanges after market hours. Meanwhile, global deposits of the bank grew by 11.82% YoY in the said quarter to Rs 13.92 lakh crore versus Rs 12.45 lakh crore in the corresponding quarter of the previous financial year.
The domestic advances shot up 11.76% to Rs 9.63 lakh crore as against Rs 8.62 crore in the year-ago period. As for domestic advances, a 9.23% YoY growth was seen at Rs 11.65 lakh crore compared to Rs 10.67 lakh crore as of December 31, 2023.
These are provisional numbers and part of the quarterly updates given by the bank and could change in the final earnings to be announced later.
Shares of Bank of Baroda on Friday ended at Rs 241.73 on the NSE, up by Rs 0.61 or 0.25% over the Thursday closing price.
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