Monday April 27, 04:20 PM Reuters

Bank of Baroda sees FY10 profit to grow 20 pct - CMD

MUMBAI (Reuters) - Bank of Baroda expects to post more than 20 percent profit growth in 2009/10, Chairman and Managing Director M. D. Mallya said on Monday.

The bank would be able to see a good growth rate of "may be 20 percent plus" this year, Mallya said, when asked about the kind of profit growth he expect in FY10.

Earlier in the day the bank's Jan-March net profit more-than-doubled to 7.53 buillion rupees.

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