Our recoveries should improve going forward: P Jaykumar of Bank of Baroda

In a Q&A, the bank's MD and chief executive is hopeful that the lender will see some rebalancing in FY19

Bank of Baroda has had a setback due to higher slippages in FY18, following RBI's revision of rules for restructured assets. Taking the move in his stride, the bank's managing director and chief executive P S Jayakumar tells Abhijit Lele that lender is better placed for loan growth in FY19 with deep restructuring, sustainable practices and a digital banking platform.

Your bank is facing headwinds in FY18. How do you see things going from here?

Disappointments being what they are, fundamental performance has been extremely strong and what we have put together is a set of sustainable practices that will