Bank of Baroda anticipates tighter margins this fiscal. Sticky deposit rates and restricted lending rate increases will impact profitability. The bank plans to enhance fee income to offset this. A new primary dealership business will support debt capital market expansion. Efforts are underway to strengthen subsidiaries like BoB Cards and Nainital Bank.
​Bank of Baroda anticipates tighter margins this fiscal. Sticky deposit rates and restricted lending rate increases will impact profitability. The bank plans to enhance fee income to offset this. A new primary dealership business will support debt capital market expansion. Efforts are underway to strengthen subsidiaries like BoB Cards and Nainital Bank. by Soban News (international And National News)
