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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Nomura maintains buy on Bank of Baroda
Bank of Baroda's Rs 6,900 crore fresh additions to bad loans is a negative surprise, but more a result of conservative recognition/provisions than a catch-up with peers. New management's approach of faster recognition and the roadmap to re-orient the loan mix to make it more profitable is around.