STARINDIA Research Stock Cash TIPS UPDATE: Missed Call@8817002233

UPDATE:-

VENKEYS BUY CALL ON FIRE, OUR FINAL TGT 2815 HAS ACHIEVED, BOOK FULL PROFIT IN IT.

To Get Free Trial

Whatsapp @8602780449

Mail Us = starindiamarket@gmail.com

visit =  https://www.starindiaresearch.com/services.php

STARINDIA Research Stock Cash TIPS UPDATE

UPDATE:-

KINDLY BOOK PARTIAL PROFIT IN SOBHA BUY CALL , OUR 1ST TGT 593 HAS ACHIEVED

To Get Free Trial

Missed call @8817002233

Mail Us = starindiamarket@gmail.com

visit =  https://www.starindiaresearch.com/services.php

STARINDIA Research Stock Future Tips UPDATE

UPDATE:-

HAVELLS FUT BUY CALL, MADE HIGH OF 497. BOOK MORE PROFIT IN IT. OUR 2ND TGT-497.50.

To Get Free Trial

Missed call @8817002233

Mail Us = starindiamarket@gmail.com

visit =  https://www.starindiaresearch.com/services.php

STARINDIA Research STOCK CASH TIPS UPDATE

UPDATE:-

INDIGO BUY CALL ON FIRRREEEEEEEEEE, MADE HIGH OF 1270 BOOK MORE PROFIT IN IT.

To Get Free Trial

Missed call @8817002233

Mail Us = starindiamarket@gmail.com

visit = https://www.starindiaresearch.com/nifty-bank-nifty-tips.php

STARINDIA Research PLATINUM Stock Cash TIPS UPDATE

UPDATE:-

ARCOTECH BUY CALL ON BLLAAAAASSSSSTTTTTTTT...........HIT HIGH OF 98.95 BOOK MORE PROFIT IN IT, OR HOLD FOR NEXT TGT 101.50

To Get Free Trial

Missed call @8817002233

Mail Us = starindiamarket@gmail.com

visit =  https://www.starindiaresearch.com/services.php

STARINDIA RESEARCH Stock Cash TIPS UPDATE

UPDATE:-

KEC BUY CALL ON FIRRREEEEEEEEEE, OUR FULL TGT 305(303.70) HAS ACHIEVED, BOOK FULL PROFIT IN IT

To Get Free Trial

Missed call @8817002233

Mail Us = starindiamarket@gmail.com

visit =  https://www.starindiaresearch.com/services.php

TODAY'S LIVE STOCK CASH TIPS UPDATE

UPDATE:-

KINDLY BOOK PARTIAL PROFIT MOTILALOFS BUY CALL , OUR 1ST TGT 1330(1329) HAS ACHIEVED

To Get Free Trial

Missed call @8817002233

Mail Us = starindiamarket@gmail.com

visit =  https://www.starindiaresearch.com/services.php

Today's Live Updates on Stock Market

UPDATE:-

KABRAEXTRU BUY CALL ON FIRRREEEEEEEEEE, MADE HIGH OF 164.45 BOOK MORE PROFIT IN IT.

To Get Free Trial

Missed call @8817002233

Mail Us = starindiamarket@gmail.com

visit =  https://www.starindiaresearch.com/services.php

STARINDIA Research BTST STOCK CASH TIPS UPDATE:Call@8817002233

UPDATE:-

KINDLY BOOK PARTIAL PROFIT BLUESTARCO BUY CALL , OUR 1ST TGT 645 HAS ACHIEVED

To Get Free Trial

Missed call @8817002233

Mail Us = starindiamarket@gmail.com

visit = https://www.starindiaresearch.com/nifty-bank-nifty-tips.php

STARINDIA Research PLATINUM CASH TIPS UPDATE:Call@8817002233

UPDATE:-

AUROPHARMA BUY CALL ON FIRRREEEEEEEEEE, MADE HIGH OF 555 BOOK MORE PROFIT IN IT

To Get Free Trial
Missed call @8817002233
Mail Us - starindiamarket@gmail.com
visit - http://www.starindiaresearch.com/freetrail.php

Bank of Baroda posts profit at Rs 155 cr; expects new NPAs to reduce to Rs 3,000 cr

Government owned Bank of Baroda posted a lower net profit sequentially at Rs 155 crore for the fourth quarter in FY17, down 38 percent from Rs 253 crore in the December quarter.

In the March quarter a year ago the Mumbai-based bank had posted a net loss of Rs 3230 crore.

P S Jayakumar, CEO of the bank said that the rise in profit is due to earning from lending, fee income and also some interest on treasury related income tax refund.

On a yearly basis, the bank made a profit of Rs 1815 crore as against a net loss of Rs 5,068 crore in FY16.

Its gross non-performing assets (NPAs) stood at Rs 42,720 crore, which is 10.46 percent of total loans, up from a year ago of RS 40,521 crore (9.99 percent) and lower from the previous quarter of Rs 42,642 crore (11.40 percent).

Provisions towards the bad loans substantially fell to Rs 2,425 crore, down 50 percent from R 4,880 crore in Q4 FY16.

Jayakumar said, “We don't expect our NPA to rise more than Rs 3,000 crore in fiscal year 2017-18.” This year the slippages into NPAs in the fourth quarter alone stood at Rs 4,077 crore.

In the fourth quarter, the bank has posted 7.5 percent rise in net interest income to Rs 3582 crore. The non-interest income rose 11.3 percent to Rs 1977 crore.

Its domestic loan growth stood at 5 percent this year but expects it to grow by 15 percent in FY18, Jayakumar said after an over 3-hour long Board meeting.

Divergence

The divergence on gross bad loans as required to be disclosed by RBI stood at Rs 295 crore.

Bank of Baroda has also filed seven cases with four registered under the Insolvency and Bankruptcy Code and in the process to file 23 more cases, Jayakumar added.

On non-core assets, he said the bank has valued other non-core businesses at around Rs 6000 crore and the bank will be selling some of assets including partial sale of stake in UTI Mutual Fund, where it holds 18.3 percent stake, and its mutual fund wholly-owned subsidiary, in this fiscal year, but declined to put a number on the asset sale.

The bank declared a 60 percent or 1.20 per share dividend for year 2016-17, while the bank had not declared any dividend last year due to losses.

Results were posted after the market close on Thursday when the shares of Bank of Baroda had ended at Rs 187.75 per share, down by 2.32 percent from the previous close on BSE.

To Get Free Trial
Missed call @8817002233 
Mail Us = starindiamarket@gmail.com

visit = http://www.starindiaresearch.com/freetrail.php

Today's Buy Call Update of MOTILALOFS

UPDATE:-

KINDLY BOOK PARTIAL PROFIT MOTILALOFS BUY CALL , OUR 1ST TGT 1110 HAS ACHIEVED

To Get Free Trial
Missed call @8817002233
Mail Us - starindiamarket@gmail.com
visit - http://www.starindiaresearch.com/freetrail.php