Bank of Baroda becomes the top-performing bank of 2022 so far!
Bank of Baroda becomes the top-performing bank of 2022 so far!

Bank of Baroda becomes the top-performing bank of 2022 so far!

Among the banking stocks, despite the overall bearish sentiment, the shares of Bank of Baroda have taken the top position zooming 21.9 per cent on a YTD basis.

Shreya Chaware Article rating: 5.0

The equity markets are having a tough time due to a global selloff that intensified owing to the US inflation print that led the Federal Reserve to the monetary tightening. On June 13, the market ended deep in red with benchmark indices losing more than 2.5 per cent each. At the same time, Nifty Bank dipped more than 3.1 per cent underperforming the benchmark indices. RBL Bank faced the worst hit after RBI appointed R Subramaniakumar as its new MD & CEO for RBL Bank. The stock crashed 22 per cent in a single day putting a major drag on the banking index. 

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