The challenges facing S S Mundra,
the new chairman and managing director of public sector lender Bank of
Baroda, are different from the ones his peers have to deal with. While
most state-owned banks are grappling with asset quality headwinds, Bank
of Baroda is quite comfortable on that front. The lender has managed to
maintain a decent gross and net non-performing asset ratio in comparison
to other banks, despite some problems in asset quality.
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