State-owned lender Bank of Baroda is all set to announce its quarterly results on Tuesday.Here's what one should expect from the company today:
- The slippages, as per the analysts' estimate, are expected to be between Rs 4,000 crore and Rs 4,800 crore. Last quarter they were at Rs 4,733 crore.
- The bank expects recovery of about Rs 1,300 crore in the NCLT, which is expected to lower the gross NPAs that were at 12.46 percent in the previous quarter.
- The provisions could remain elevated given the fact that it has mark-to-market treasury losses and aging of NPAs.
- Domestic loan growth over the last five quarters has moved from as low as 3-4 percent to about 20 percent. Overall the loan growth is expected to be between 9 percent and 11 percent.