Higher provisioning has offset the healthy growth in operating profit

Certain trends in the performance of leading public sector banks in the latest September quarter have been similar — lower slippages, higher provisioning and muted or lower-than-expected growth in net profit. Bank of Baroda’s results are more or less on similar lines. Slippages nearly halved from the previous quarter, leading to a marginal 20-odd basis points sequential fall in gross non-perfo...