Well capitalised, can sustain growth for at least next 3-5 years: BoB CEO

The profitability would be sustained this year as we expect improvement in net interest income owing to change in liquidity and interest rate trajectory

Interest margins are expected to improve from the third quarter onward, says Debadatta Chand, managing director and CEO, Bank of Baroda, in a conversation with Abhijit Lele and Anupreksha Jain. Edited excerpts:

 

Net profit for Q4 grew, albeit marginally, despite a fall in the net interest income, as the other income provided the support. What is your outlook on treasury income going forward?

 

Despite a fall in the net interest income, profits grew because of healthy treasury income and recovery from written-off accounts. As we are in the rate-easing cycle, income from the treasury is going to sustain, that is