Bank of Baroda shares earn as the Q4 business update grows strongly | Einsmark news

Shares of Bank of Baroda saw an upward trend on Thursday, April 3, after the bank released its business update in the fourth quarter, highlighting the strong growth in both progress and deposits. The bank reported an 11.44 percent increase on an annual basis (yoy) in its global business, which reached £ 27.03 trillion on March 31, 2025. Strong growth in progress and deposits bank or Baroda’s global progress rose 12.88 percent year, which was a billion £ 12.31. This growth indicates an increase in credit question and the bank’s strategic efforts to expand its lending portfolio. Domestic progress grew faster, with 13.70 percent year to £ 10.21 trillion, while domestic retail advances (excluding pool purchases) achieved an impressive 19.38 percent Yoy jump to £ 2.56 trillion. To the liabilities, global deposits grew by 10.25 percent year and reached £ 14.72 billion by the end of March 2025. Domestic deposits contributed significantly to this increase, with 9.28 percent year to £ 12.42 trillion. The growth of steady deposit indicates a strong investor trust in the bank’s financial stability and competitive interest rates. The performance of share prices after announcing its Q4 update gained momentum Bank of Baroda’s share, with 3 percent in the inner-day trading to touch £ 238.45 before completing 2.25 percent higher at the end of the session. Despite recent profits, the share has faced the challenges over the past year, which has dropped almost 15 percent. However, this performed a strong recovery in March, which rose 16 percent after four consecutive months of losses. Earlier, the share fell 7.6 percent in February, 11.3 percent in January, 2.4 percent in December and 2 percent in November, reflecting the volatility amid broader market fluctuations. Bank of Baroda’s latest business update indicates strong financial performance, with healthy growth in progress and deposits. The positive momentum in its share indicates renewed investor interest, driven by improving the fundamentals of the business. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. Business NewsMarketsstock Marketsbank of Baroda shares earns as the Q4 Business Update strongly grows less