Broad improvement in margins may continue for a while: Bank of Baroda chief

In a Q&A, Sanjiv Chadha, the MD & CEO of the bank, dwells on how the lender fared in Q2 and the strategy it will adopt for its assets and liabilities franchises going forward

Following the Q2FY23 earnings of the bank, Sanjiv Chadha, MD & CEO, Bank of Baroda, spoke to Subrata Panda on how the bank fared in Q2 and the strategy it will follow for its assets and liabilities franchises going forward. Edited Excerpts:

What is Bank of Baroda’s strategy to garner deposits?

When there's an economic slowdown and infusion of liquidity by the central bank, it is perfectly normal for deposit growth to pick up ahead of loan growth and the opposite happens when the economy improves. Loan growth is faster than what is sustainable. So, after a few quarters, we