Shri Shanti Lal Jain, ED, #BankofBaroda talks about the performance of Bank of Baroda and how it has been redefining growth in the #PSU sector. He further states that with the increase of NII and Operating profit increased by 45 percent, there is a substantial rise in #profit. Talking with #ZeeBusiness, Shri Shanti Lal said the increase in provisioning is also due to the expectation of recovering from NCLT for few accounts. Additionally, with provisions as made by RBI guidelines and Net NPA’s in around Rs. 15,000 Crores, there is a significant outlook for growth.
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