Bank of Baroda Q3 Results Preview: Net profit likely to rise 9% as credit cost remains steady

Financial institution of Baroda Q3 FY24 Outcomes Preview: Financial institution of Baroda, the nation’s second largest public sector lender by market capitalisation (mcap), is all set to report its quarterly monetary outcomes on Wednesday, January 31. Analysts broadly count on department enlargement and wage revisions to boost the working value for the lender although decrease slippages and steady credit score prices could assist its profitability.  

In accordance with Zee Enterprise analysis, Financial institution of Baroda is estimated to report a standalone internet revenue of Rs 4,200 crore for the October-December interval, translating into a rise of 9.0 per cent in contrast with the corresponding quarter a 12 months in the past. The analysts count on the lender to register progress of 21. per cent in its internet curiosity revenue, or the distinction between curiosity earned and curiosity paid, to Rs 11,044 crore for the fiscal third quarter.

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