Bank of Baroda sees loan growth of 7-10 pc in FY22


Bank of Baroda sees loan growth of 7-10 pc in FY22

Managing Director and CEO Sanjiv Chadha said that as far as advances are concerned, the bank had seen some challenges in the first quarter due to the impact of the COVID-19 pandemic but there has been some improvement second quarter onwards.

While for LIC the market share has been steadily declining--down from 100 per cent in the pre-2000 era to 71.8 per cent in 2016 and further down to 64.1 per cent in 2020, for SBI Life, which is the second largest in the country, the same was only 5 per cent in 2016 and 8 per cent in 2020, Crisil said in a report prepared in November 2021 which is not yet made publicly available.


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