Bank of Baroda Ltd (BOB.NS)
6 Dec 2013
|Market Cap (Mil.):||Rs282,094.31|
|Shares Outstanding (Mil.):||421.26|
* Bank of America Merrill Lynch downgrades public sector lenders Bank of Baroda and Union Bank of India on slowing growth and impact on earnings from mark-to-market losses in their bond portfolios. * Bank of Baroda shares are down 5.22 percent, while United Bank of India falls 4.65 percent. * Bond yields surged sharply after the central bank began tightening short-term liquidity last month in order to arrest the rupee decline. * State-controlled banks typically hold large portfolios of governme
MUMBAI, Aug 1 - State-run lender Bank of Baroda expects to contain net non-performing loans at under 2 percent in the current financial year, Chairman and Managing Director S.S. Mundra told reporters on Thursday.
MUMBAI, Aug 1 - State-run lender Bank of Baroda expects asset quality in domestic loans to improve from the third quarter of the current fiscal year, Chairman and Managing Director S.S. Mundra told reporters on Thursday.