India's Bank of Baroda reports 28.4% rise in Q2 net profit

MUMBAI, Nov 4 (Reuters) - Indias Bank of Baroda (BOB.NS) reported a 28.4% jump in net profit for the July-September quarter on Saturday, led by robust loan growth.

The state-run lenders net profit rose to 42.53 billion rupees ($511.55 million) in its second quarter, from 33.13 billion rupees a year ago.

That was higher than analysts forecast of 40.04 billion rupees, according to LSEG data.

Net interest income - the difference between a banks interest earned and paid - rose 6.5% to 108.31 billion rupees.

($1 = 83.1400 Indian rupees)