Friday, August 21, 2026

Bank of Baroda’s ₹5,700 crore NMC settlement to weigh on FY27 profitability

Date:

Sunny Agrawal, head of fundamental research at SBI Securities, said the settlement amount will likely impact first or second quarter earnings and will also weigh on FY27 profitability. However, since it is a one-off event, the bank is likely to continue growing in double digits, with an annual profit potential of 20,000 crore and above, Agrawal added.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Japan’s core inflation accelerates in July, bolsters case for rate hike

Japan's core consumer inflation accelerated in July from a...

Selling to America? New US fraud rules raise the stakes for Indian exporters

New US enforcement rules could expose foreign manufacturers and...

From energy to electronics, India’s key sectors still rely heavily on imports

India's push for self-reliance has changed the country's production...

India cuts sugar stock limit to 15 days: What it means for prices and supply

India has tightened sugar stockholding rules for bulk consumers...