Bank of Baroda (BoB) will be reporting its quarterly earnings today and analysts are expecting the lender to post a fall in slippages sequentially.
- Slippage in the previous quarter was at Rs 3,751 crore, this time the analyst community is working with a slippage between Rs 3,200 crore and Rs 3,500 crore.
- The asset quality will be seen closely if there is a lot of improvement from the National Company Law Tribunal (NCLT) cases or they make recovery from other non-performing assets (NPAs) will be seen closely. Last quarter, the gross NPA was close to 11.8 percent.
- CNBC-TV18’s poll suggests net interest income (NII) growth of close to 7.5 percent while net profit could be the highest for the bank in last 14 quarters at about Rs 973 crore.