Whatever we know is an NPA has been disclosed as an NPA: P.S. Jayakumar
Bank of Baroda MD and CEO on where the stressed assets came from and the bank's lending plans
Shares of Bank of Baroda (BoB) surged 25% on Monday even though the bank reported a net loss of ₹ 3,342 crore for the October-December period over the weekend as bad loans and provisions soared. Markets, however, took note of the management’s assurance that no major stressed assets were left unprovided for and that the bank was not looking for capital infusion from the government.