Reuters Market Eye – Shares inside Bank of Baroda fall because much because 8 % following the bank's October-December earnings dissatisfied investors. The bank mentioned inside a statement its December-quarter web profit fell to 10.12 billion rupees compared with 12.90 billion rupees a year earlier, whilst non-performing financing improved to 1.12 % vs 0.51 % per year earlier. "The marketplace was expecting greater numbers," mentioned Vaibhav Agrawal, a banking analyst at Angel Broking. "Possibly, with all the new administration coming inside, there has been high NPA recognition than what might have earlier been expected. …
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