comparemela.com

Page 6 - Sanjiv Chadha News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Amid Go First Crisis, Bank Of Baroda Makes Rs 500 Crore Provisions Against Go Airlines Loan: Report

Amid Go First Crisis, Bank Of Baroda Makes Rs 500 Crore Provisions Against Go Airlines Loan: Report
outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.

Sanjiv chadhaNational company law tribunalGo airline

Bank of Baroda s Sanjiv Chadha expects interest rate cuts by end of FY24

Chadha, in an interview with Business Today, stated that the bank, which has around Rs 1,300 crore exposure in crisis-hit airline Go First airline, anticipates issues in advance and makes provisions if needed.

Sanjiv chadhaSupreme courtBusiness todayReserve bankBank of barodaSanjiv chadhaAnjiv chadha bank of baroda

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

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 and makes provisions if required. The Mumbai-based public sector lender has an exposure of Rs 1,300 crore to the troubled airline.

Sanjiv chadhaNational company law tribunalEmergency credit line guaranteeBusiness newsUsiness news indiaNdia business newsNdian economy newsNdian financial news

Bank of Baroda well protected for switch to RBI s new loan-loss proposal

The Reserve Bank of India (RBI) released a discussion paper in January suggesting that banks switch to the ECL method

Janane venkatramanSanjiv chadhaSiddhi nayakIndian bank associationIndia bankMorgan stanleyReserve bank

Bank of Baroda Q4 net profit zooms 168%; sets aside Rs 500 crore for Go First exposure

State-owned Bank of Baroda on Tuesday reported a 168 per cent jump in its March quarter net profit at `4,775 crore, helped by decline in money set aside for loan losses. The lender’s net profit for the full financial year 2022-23 also nearly doubled to `14,110 crore. In the reporting quarter,

Sanjiv chadhaState owned bankBank of baroda q4 net profit zooms 168 sets aside rs 500 crore for go first exposure

vimarsana © 2020. All Rights Reserved.