Economic TimesLean R·
Bank of Baroda Q1 Results: Profit falls 72% to Rs 1,278 crore on one-off settlement hit
Bank of Baroda's June-quarter profit fell 72% due to a Rs 5,680 crore one-off settlement, despite strong loan growth and stable asset quality. Excluding the exceptional item, profit rose, supported by higher net interest income and healthy retail lending.
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