Bank of Baroda's domestic advances rose 8.51% on a yearly basis to Rs 8.81 lakh crore in the April–June quarter, according to provisional figures released by the bank.
The bank's global advances rose 8.14% to Rs 10.71 lakh crore in the first quarter, in comparison to Rs 9.90 lakh crore in the same period last year, according to an exchange filing on Friday.
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The bank reported an advance of 8.83% year-on-year in global deposits at Rs 13.05 lakh crore in the first quarter. The domestic deposits rose 5.25% year-on-year to Rs 11.05 lakh crore in the first quarter of this fiscal.
The domestic retail advances in the quarter rose 20.86% to Rs 2.22 lakh crore as against Rs 1.84 lakh crore in the same quarter in the previous fiscal.
The bank's global business in the first quarter rose 8.52% year-on-year to Rs 23.77 lakh crore.
The directors of Bank of Baroda, in a board meeting on Friday, approved raising close to Rs 7,500 crore by issuing debt securities.
Shares of Bank of Baroda closed 1.37% lower at Rs 273.85 per share, as compared to a 0.09% decline in the NSE Nifty 50.
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