Bank of Baroda Q2 FY27: Global Business Rises 17.45% To ₹32.64 Lakh Crore
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Bank of Baroda’s global business grew 17.45% year-on-year to ₹32.64 lakh crore in Q2 FY27. Advances and deposits both recorded double-digit growth.
Bank of Baroda reported strong business growth for the quarter ended 30 September 2026. Its global business is estimated to reach ₹32.64 lakh crore, up 17.45% year-on-year (YoY).
The provisional update showed double-digit growth across global advances and deposits, while domestic retail advances also recorded healthy expansion. The figures remain subject to review by the bank’s statutory central auditors.
Bank of Baroda shares closed at ₹230.82 on the National Stock Exchange of India (NSE) on 1 October.
How Did Bank Of Baroda’s Advances Perform?
Global advances increased 18.27% YoY to ₹15,12,435 crore in the September quarter, compared with ₹12,78,847 crore in the same period last year.
Domestic advances grew at a slower but still double-digit pace of 13.51% to ₹11,87,931 crore from ₹10,46,506 crore. Domestic retail advances, excluding pool purchases, rose 18.67% to ₹3,24,102 crore from ₹2,73,116 crore.
How Did Bank of Baroda’s Deposits Perform?
Global deposits stood at ₹17,51,262 crore as of 30 September 2026, registering 16.75% YoY growth from ₹15,00,012 crore a year earlier.
Domestic deposits increased 17.01% to ₹14,88,390 crore from ₹12,71,992 crore. Combined with the rise in advances, the increase in deposits took the bank’s global business to ₹32,63,697 crore, compared with ₹27,78,859 crore at the end of September 2025.
The Q2 update reflects the scale and growth of Bank of Baroda’s core lending and deposit business. Alongside this operating performance, the bank has also been expanding into additional business channels beyond its traditional banking operations, including the pension segment.
The bank confirmed that it had entered the pension fund business after receiving a certificate of appointment as a pension fund sponsor from the Pension Fund Regulatory and Development Authority (PFRDA) on 1 October. It has also added National Pension System (NPS) Tatkal to its BHIM app, allowing customers to open NPS accounts digitally.
Also Read - L&T Finance Q2 FY27 Retail Disbursements Rise 27% To ₹24,000 Crore
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
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