Bank of Baroda eyes 24 pct loan growth in FY09

KOLKATA, July 1 (Reuters) - State-run Bank of Baroda (BOB.BO: Quote, Profile, Research) expects 24 percent loan growth and a 20 percent deposit growth in 2008/09, Chairman and Managing Director M. D. Mallya said on Tuesday.

"We see loan demand picking up as the year goes forward," Mallya told reporters on the sidelines of an industry meet.

The bank also expect its overseas business to grow 25 percent over last year, he added. (Reporting by Tamajit Pain; Editing by Prem Udayabhanu)