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Baroda’s Billion-Rupee Boost: Global Advances Surge 12.63%, Deposits Hit ₹14.36 Trillion

Updated: July 03, 2025 18:24

Image Source: The Economic Times
Bank of Baroda (BoB) has reported a robust financial performance for the quarter ended June 30, 2025, with double-digit growth in global advances and a healthy uptick in deposits, reinforcing its position among India’s top-performing public sector banks.
 
Key Highlights:
 
Global Advances rose 12.63% YoY to ₹12.30 trillion, driven by strong growth in retail, MSME, and agriculture lending.
 
Global Deposits climbed 9.13% YoY to ₹14.36 trillion, supported by a 6.4% rise in domestic CASA deposits and 15.8% growth in international deposits.
 
Retail Lending saw a 19.4% YoY jump, led by auto loans (+20.3%), mortgage loans (+18.9%), and home loans (+17.3%).
 
Asset Quality improved significantly:
 
Gross NPA ratio fell to 2.26% from 2.92% YoY.
 
Net NPA ratio dropped to 0.58%, with provision coverage at 93.29%.
 
Profitability Metrics:
 
FY25 standalone net profit hit a record ₹19,581 crore (+10.1% YoY).
 
Operating profit rose 4.7% to ₹32,435 crore.
 
Global Net Interest Margin (NIM) stood at 3.02%.
 
Dividend Declaration: BoB announced a ₹8.35/share dividend, its highest since the 2015 stock split, with ₹2,762 crore transferred to the government.
 
Strategic Outlook: The bank continues to expand its retail footprint, digitize operations, and strengthen its overseas presence, including its IFSC Banking Unit at GIFT City.
 
Bank of Baroda’s Q1 FY26 performance signals a confident stride toward sustainable growth, backed by disciplined lending, improved asset quality, and strong investor returns.
 
Source: Economic Times, BusinessLine, Bajaj Broking

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