facebook-page-view
Advertisement

Bank of Baroda aims to recover $1.7 bn of bad loans in FY21, about half via bankruptcy

By Beena Parmar

  • 11 Aug 2020
Premium
Bank of Baroda aims to recover $1.7 bn of bad loans in FY21, about half via bankruptcy
Credit: VCCircle

Bank of Baroda aims to recover not less than Rs 13,000 crore ($1.74 billion) worth of non-performing assets (NPAs) for the year ending March 2021, the goal seeming ambitious as recoveries have already dropped significantly during the first quarter. Due to muted business activity and slower progress on resolutions of bad ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement