Bank of Baroda planning to sell NPAs worth Rs 6,000 crore

Bank Of Baroda | Bank - Public | BFSI | BSE: 532134 | NSE: BANKBARODA

01 Mar 2019 Evaluate

Bank of Baroda is planning to sell its Non Performing Assets (NPAs) worth around Rs 6,000 crore, including its Rs 1,838 crore loan to cash-strapped Reliance Communications. The bank has identified loans to 49 companies, including two power firms run by GVK around Rs 357 crore and GMR Chhattisgarh Energy around Rs 218 crore.

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.

Peers

Company Name	CMP
State Bank Of India	1004.50
PNB	116.85
Bank Of Baroda	238.00
Canara Bank	124.20
Union Bank Of India	180.80
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