Bank of Baroda has been emerged as the best banks in the public sectors banks, at the national level for this year by a jury appointed by the State Forum of Bankers Clubs in Kerala. While selecting the best banks about 27 parameters, including the banks' deposits, advances and NAP level were taken into consideration.
Kerala Finance Minister K M Mani will present the best bank award in the public sector category to Bank of Baroda’s Managing Director on December 17, 2011. The awards in the various categories will be presented at the said function.
The bank’s net profit for the second quarter of the current fiscal has grown 14.40% at Rs 1166.08 crore as compared to Rs 1019.30 crore for the corresponding quarter of the last year. The bank’s total income has surged 36.74% at Rs 7985.78 crore for the quarter under review as compared to Rs 5839.96 crore for the second quarter of the previous year.
