Bank of Baroda aims at 15% credit growth in FY23
Tue, May 30, 2023 9:48 AM

Bank of Baroda aims at 15% credit growth in FY23

A Flip by Gaurav
Get it on Google Play
State-owned Bank of Baroda (BoB) on Monday said it expects 12-15 per cent credit growth during the current financial year. During the last financial the bank recorded a credit growth of 16%. "We aim at credit growth of 12-15% while deposits are expected to grow at 12-13%," BoB executive director Lalit Tyagi said on the sidelines of 'Bank of Baroda Rashtrabhasha Samman' Awards 2023 here.

More great flips

Banks lure customers with lower interest rates on home loans

Banks lure customers with lower interest rates on home loans

The intense competition in the banking industry is playing out in the mortgage market, with lenders offering cheaper home loans in a bid to attract customers. In the case of HDFC Bank, the country's largest private sector bank, the lower rates on home loans depend on the customer's credit profile. Similarly, India’s largest lender, State Bank of India (SBI) is offering existing customers.

Open Flip
FY24 Stock Market Recap: BSE PSU index gains 92%

FY24 Stock Market Recap: BSE PSU index gains 92%

Stocks of Indian state-owned companies have witnessed an unprecedented surge in FY24, surpassing even the performance of mid-and small-cap stocks, emerging as the remarkable champions of the market.This performance is particularly noteworthy given the pressure PSU stocks faced before embarking on their bullish momentum in 2020.

Open Flip
TCS says it trained 3.5 lakh employees in generative AI skills

TCS says it trained 3.5 lakh employees in generative AI skills

The country’s largest IT services company TCS on Friday said it has trained 3.5 lakh employees in generative AI skills. The company, which had in January announced that 1.5 lakh staffers are trained in the skill sets of what is said to be the biggest opportunity for IT services firm in the future, has now taken the number up to over half its employee base.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon