Bank of Baroda December quarter loan growth at 20%
The bank has also retired bulk deposits of Rs200-250 billion in the last nine months to meet the problem of excees liquidity.
State-run Bank of Baroda has seen a 20 percent rise in loans in the December quarter and expects to maintain 20-21% loan growth in 200910, its chairman MD Mallya said on Friday. The bank has also retired bulk deposits of Rs200-250 billion in the last nine months to meet the problem of excees liquidity, Mallya, also deputy chairman of Indian Banks Association, the apex bank industry body, said.