BANK OF BARODA SEES 24% GROWTH IN DOMESTIC CREDIT

According to Mr. M.D. Mallya, Chairman and Managing Director, Bank of Baroda is likely to see around 24 per cent growth in domestic credit and about 35 per cent growth in overseas credit this year. The bank is also looking to expand its presence overseas in markets like Kuala Lumpur, East Africa and London. This fiscal, the bank is looking to hire about 3,500 personnel, which will include about 500-600 candidates directly from management colleges. The bank is recruiting not just from premier institutions, but is also going to Tier II business schools.

SOURCE: http://www.thehindubusinessline.com/2010/12/04/stories/2010120453130200.htm