Bank of Baroda Posts Double-Digit Growth in Global Business for Q1 FY26, Retail Lending Leads Momentum
By Shishta Dutta | Published at: Jul 4, 2025 10:58 AM IST
Mumbai, 4 July 2025: Bank of Baroda (NSE: BANKBARODA, BSE: 532134) has reported a strong performance for the quarter ended 30 June 2025, with global business rising by 10.70% year-on-year to ₹26.43 trillion. The growth was supported by solid expansion in both global advances and deposits, with domestic retail lending emerging as a key driver.
Despite reporting a 10.70% year-on-year growth in global business for Q1 FY26, Bank of Baroda’s share price edged lower during early trade on 4 July 2025. As of 9:47 am IST, the stock was trading at ₹240.90, down ₹1.42 or 0.59%. It opened at ₹243.24 and touched an intraday low of ₹239.93. With a market capitalisation of ₹1.25 lakh crore, the stock remains well above its 52-week low, though below its recent peak of ₹274.40.
Global Business Nears ₹26.5 Trillion as Advances and Deposits Rise in Tandem
The bank’s global business reached ₹26.43 trillion in Q1 FY26, up from ₹23.87 trillion in Q1 FY25. This robust growth reflects effective credit delivery and deposit mobilisation across domestic and international markets.
Key Financial Highlights (₹ in crore)
| Particulars | Q1 FY25 (30-Jun-2024) | Q4 FY25 (31-Mar-2025) | Q1 FY26 (30-Jun-2025)* | YoY Growth (%) |
|---|---|---|---|---|
| Global Business | 23,87,254 | 27,02,496 | 26,42,721 | 10.70% |
| Global Deposits | 13,15,573 | 14,72,035 | 14,35,634 | 9.13% |
| – Domestic Deposits | 11,14,039 | 12,42,169 | 12,04,283 | 8.10% |
| Global Advances | 10,71,681 | 12,30,461 | 12,07,087 | 12.63% |
| – Domestic Advances | 8,81,785 | 10,21,112 | 9,91,527 | 12.45% |
| – Domestic Retail Advances** | 2,22,494 | 2,56,633 | 2,61,229 | 17.41% |
*Provisional and subject to audit by the Statutory Central Auditors
**Excludes pool purchases
Retail Lending Drives Advance Growth as Credit Demand Strengthens
Bank of Baroda’s global advances climbed to ₹12.07 trillion, marking a 12.63% increase from the same quarter last year. A major contributor was the domestic retail segment, which grew sharply by 17.41% YoY to ₹2.61 trillion. The increase reflects heightened demand for consumer credit and the bank’s proactive focus on personal loan and home finance segments.
Deposit Base Expands with Continued Focus on Domestic Mobilisation
Global deposits grew to ₹14.36 trillion, reflecting a 9.13% YoY rise. Within this, domestic deposits reached ₹12.04 trillion, up 8.10% from Q1 FY25. The steady growth indicates successful branch-level efforts to attract and retain depositors, even amid competitive market conditions.
Disclosures in Line with SEBI Guidelines Ensure Transparency
The quarterly business update has been shared under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also complies with Regulation 8 of the SEBI (Prohibition of Insider Trading) Regulations, 2015, reinforcing the bank’s commitment to fair and timely disclosure of material financial data.
About Bank of Baroda: Strengthening its Retail and Digital Edge
Headquartered in Vadodara, Bank of Baroda is one of India’s largest public sector banks, with a robust presence both domestically and globally. The bank is listed on the NSE and BSE, and has consistently focused on expanding its retail portfolio while integrating digital platforms to enhance customer experience and operational efficiency.
REF: https://nsearchives.nseindia.com/corporate/BANKBARODA_03072025173658_SEPROVISIONAL.pdf
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