NIFTY 50

Bank of Baroda results today: Loan growth could remain in 9-11% range YoY

Updated : October 30, 2018 08:30:19 IST

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.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you