Bank of Baroda posts Rs 864 crore loss on higher provisioning

The net interest income (NII) improved 5% y-o-y to Rs 6,816 crore. The net interest margin (NIM), however, declined 7 basis points (bps) in the June quarter to 2.55%, compared to 2.62% in the same quarter last year.

from Banking & Finance – The Financial Express https://ift.tt/2DDsyNG