BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Religare maintains sell on Bank of Baroda
Bank of Baroda reported loss of Rs 4,500 crore (before tax) in Q4 as provisions remained elevated. The bank expects 57 per cent of the Rs 26,900 crore loans in the watch list to slip into non-performing assets in FY17. Expect Bank of Baroda's profit ratios to remain subdued over FY17/FY18.