Bank of Baroda might not perform in immediate term: Prashastha Seth, IIFL Wealth

Bank of Baroda might continue to languish for quite sometime because of the issues with respect to NPAs that are plaguing the entire public sector space.

In a chat with ET Now, Prashastha Seth, Senior Fund Manager, IIFL Wealth, shares his views on Bank of Baroda.

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

Prashastha Seth: Bank of Baroda might continue to languish for quite sometime because of the issues with respect to NPAs that are plaguing the entire public sector space. So, the stock might not perform in the immediate term but from a medium term perspective it looks good.
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