Bank of Baroda makes Rs 500 crore provision for Go First exposure

By Abhijit Lele Bank of Baroda (BoB) has made prudential provision of Rs 500 crore for exposure to Go First, which has sought bankruptcy protection after the National Company Law Tribunal (NCLT) admitted its plea for voluntary insolvency. Sanjiv Chadha, managing director and chief executive officer of BoB, said the bank identifies issues in advance

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Baroda , Gujarat , India , Mumbai , Maharashtra , Sanjiv Chadha , Abhijit Lele , National Company Law Tribunal , Emergency Credit Line Guarantee ,