Asset Quality & Operating Performance Continue to Improve Bank of Baroda (BoB) has reported substantially improved performance in 4QFY17. It's operating profit increased by 17.4% YoY & 16.4% QoQ to Rs30.2bn led by 7.6% YoY & 14.3% QoQ growth in NII to Rs35.8bn along with healthy 38.8% YoY and 49.4% QoQ growth in core fee income. The Bank has delivered improved performance on all major asset quality parameters with slippages of Rs40.7bn in 4QFY17 vs. Rs41.4bn in 3QFY17 & Rs59.3bn in 4QFY16 along with improvement in recovery (Rs15.4bn in 40QFY17 vs. Rs13.5bn in 3QFY17 & Rs14.3bn in 4QFY16). Its loan book also...