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Bobibanking.com: Bank of Baroda Internet Banking Login

Bank of Baroda online internet i banking login - It is an Indian bank founded since 1908 and working at international. Their branches spread all over the pla...

Bank of Baroda profit tumbles as bad loans jump

Jan 30, 2015    

MUMBAI (Reuters) - Bank of Baroda Ltd increased bad debt provisions by 66 percent in the third quarter, contributing to a big drop in profits, and the bank said bad loan growth would remain a problem in the short term.Bank of Baroda Executive Director Ranjan Dhawan said on Friday bad loans were difficult to contain and their growth was unlikely to slow significantly in the next two quarters.The state-controlled bank, India's second-biggest lender by assets, reported a 69 percent fall in quarterly profit also due to the impact of an increase in tax expenses. Its shares fell more than 10 percent...

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