Bank of Baroda has announced robust growth for the fiscal year ending March 31, 2026. The bank achieved a 13.93% year-on-year increase in its global business, reaching a total of ₹30.79 trillion. These provisional figures reflect significant expansion across both deposit and advance segments, underscoring the bank’s strong performance throughout the fiscal year.
Annual Business Performance Highlights
Bank of Baroda has released its provisional performance data for the fiscal year ended March 31, 2026, showcasing a strong upward trajectory across its major business verticals. The bank’s global business scale reached ₹30.79 trillion, representing a healthy 13.93% growth compared to the previous year.
Growth Across Deposits and Advances
The bank’s expansion was driven by sustained momentum in both credit and mobilization efforts:
- Global Deposits: Increased by 12.00% YoY to reach ₹16.49 trillion.
- Domestic Deposits: Grew to ₹14.01 trillion, marking a 12.83% increase.
- Global Advances: Saw a significant rise of 16.23% YoY, totaling ₹14.30 trillion.
- Domestic Advances: Recorded a growth of 14.56%, reaching ₹11.69 trillion.
Focus on Retail Banking
A key highlight of the fiscal performance is the robust growth in the retail segment. Domestic Retail Advances (excluding pool purchases) grew by 17.93%, climbing to ₹3.02 trillion. This outperformance in the retail sector highlights the bank’s success in capturing individual credit demand and diversifying its asset portfolio throughout the year ending March 2026.
Source: BSE
