Profit trajectory to continue despite ECL regime impact: BoB MD & CEO

'Our loans grew 18.5 per cent last year, which is above the market'

With net non-performing asset (net NPA) ratio below 1 per cent and provisions for written off assets around 92 per cent, Sanjiv Chadha, managing director (MD) & chief executive officer (CEO), Bank of Baroda, explains why the bank is in a better position to make the transition to the expected credit loss (ECL) framework. Chadha spoke to Manojit Saha in a video interview for Business Standard’s The Banking Show. Edited excerpts:

Do you think lending and deposit rates have peaked with the Reserve Bank of India (RBI) maintaining the status quo for the second-straight policy review?

I would believe so.