BoB's Net Profit Jumps 79% in Q1 - Business News: Latest News & Videos about market and economy | Trendmergers

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BoB's Net Profit Jumps 79% in Q1

CEO Sanjiv Chadha said demand from sectors such as cement, steel and roads has been strong, together with demand for international loans from Indian companies abroad. "Since last year, when corporate margins were low we explored high-rated syndicated loans like external commercial borrowings from Indian companies abroad where margins were good and we have seen growth in that segment," he said.

from Industry-Economic Times
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