Bank of Baroda recommends dividend of Rs. 5.50
The Board of Directors of Bank of Baroda have recommended a dividend at Rs. 5.50 per equity share of Face Value Rs.2/- each fully paid up for the FY2022-23
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The Board of Directors of Bank of Baroda have recommended a dividend at Rs. 5.50 per equity share of Face Value Rs.2/- each fully paid up for the FY2022-23
Bank of Baroda said its NII for the quarter grew 33.8 per cent YoY to Rs 11,525 crore from Rs 8,612 crore in the year-ago quarter. Non-interest income was up 37.4 per cent YoY to Rs 3,466 crore from Rs 2,522 crore YoY
The bank earned Rs 25,857 crore as interest in Q4 FY23, year-on-year (YoY), compared to Rs 18,174 crore in the corresponding period last year. The state-owned bank also announced a dividend of Rs 5.5 per share.
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