Accumulate Bank of Baroda at current levels: VK Sharma, HDFC Securities

In a chat with ET Now, VK Sharma, Head of Business, Private Broking & Wealth Management, HDFC Securities, shares his views on Bank of Baroda.

ET Now: What is your call on Bank of Baroda?

VK Sharma: We feel that Bank of Baroda is a good pick among the PSU banks. This is because the CAGR has been good in terms of business growth and the bad assets are also under control. NIM is on the increase. So, we are advising to accumulate Bank of Baroda from the current levels to somewhere around 720 levels on the lower side.