On the face of it, both ICICI Bank and Bank of Baroda have lent to a similar pool of corporates. The adjoining chart shows how things worsened for Bank of Baroda after the lender took Dena Bank and Vijaya Bank into its fold in April last year. Its rival ICICI Bank has managed to weather a challenging environment, beefing up provisions and having an enviable capital. Its contemporary ICICI Bank came out with flying colours in comparison. Faster loan growth makes bad loan ratios look manageable and that is what ICICI Bank managed to do.

Source: Mint January 27, 2020 05:26 UTC