Shares in Bank of Baroda jumped 8 percent on Monday after the lender reported strong June-quarter earnings.

PS Jayakumar, managing director and CEO of Bank of Baroda spoke to CNBC-TV18 about the results and company's outlook.

"We have put together the necessary enabling infrastructure. We got better distribution, improving productivity and ticket sizes are better," Jayakumar said.

“As far as corporate customers are concerned, a much wider suite of products, much more calling plan, a better target market. So on the balance, I would think, we should be able to maintain the growth and guidance is between 15-20 percent for the loan book for this year,” he added.

Talking about the non-performing loans, Jayakumar said, “I would hope the net non-performing asset (NPA) numbers would come down barring some imponderables. I think we should continue to keep on course to reducing NPA, but I would rather wait for one or two more quarters before completely confirming that the NPA issue is behind us completely.”

He further said that they were looking for a reasonable growth, a contained NPA and 6-8 percent return on equity in this financial year.