Showing posts with label BANK OF BARODA. Show all posts
Showing posts with label BANK OF BARODA. Show all posts

BANK OF BARODA

BANK OF BARODA

BROKERAGE RADAR MORGAN STANLEY ON BANK OF BARODA : 09.08.2021

* Morgan Stanley on Bank of Baroda: Maintain Overweight, Target at Rs 110/share
* Core PPOP and asset quality surprise positively
• Key positives were a core PPOP beat of 4%
• Lower-than expected bad loan formation at 1.5% non-annualized
* Credit costs above est. driven by higher GNPL coverage