NMC health settlement drags Bank of Baroda Q1 net profit down 72%

Bank of Baroda’s June-quarter profit fell 72% due to a large settlement payment. Other income also declined, impacting the bank’s overall financial performance for the period. Shriram Finance reported a 60% increase in its standalone net profit for the first quarter. Bank of India’s net profit jumped 36%, and it seeks foreign currency deposits.

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