Bank of Baroda Falls Most in Three Months After Bad Loans SurgeBy
Provisions for soured credit more than triple in June quarter
First-quarter profit slumps 60 percent, lender reports
Bank of Baroda, India’s second largest state-run lender by assets, fell the most in almost three months after surging bad-loan provisions dragged first-quarter profit lower.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.