Bank of Baroda expects strong loan growth in FY27, supported by retail and MSME demand despite geopolitical uncertainties
Debadatta Chand, chief executive officer of the bank, which absorbed two state-run lenders in 2019, said larger balance sheets will be crucial as lenders look to compete globally
State-owned Bank of Baroda is aiming to grow its Rs 4.56 lakh crore corporate book by 10 per cent in FY27, and has pegged the current pipeline of such big-ticket lending at Rs 50,000 crore. Amid worries on sluggish private capex growth, its managing director and chief executive Debadatta Chand said nearly two-thirds of the proposals continue to be for term loans and the rest is for working capital, suggesting a good demand for investment purposes. On the telecom sector loans, where there is intense speculation on Vodafone Idea's next moves as part of the revival process, Chand said right policy measures and coming together of banks and other stakeholders can result in new loans. "Our overall pipeline is Rs 50,000 crore at present. Half of it is sanctioned and yet to be disbursed while the remaining is loan proposals under discussions," Chand told PTI. He said there is a strong demand from the renewable power and also core sectors like steel and cement for capacity building. In ord
While the bulk of foreign selling is likely over after the outflows over the recent months, Goldman Sachs does not see foreign investors returning to Indian shores in a hurry, even if oil prices dip.
Bank of Baroda share price outlook: Brokerages retained ratings but trimmed target prices amid margin pressure concerns and macro uncertainties
Stocks to watch today: Swiggy, NTPC, BoB, PVR Inox, SCI, Abbott India, Anant Raj, Canara Bank, IHCL, JSW Energy, UPL, Tata Consumer Products, among others, will remain in focus today.
The bank's non-interest income declined 16.2 per cent YoY to Rs 3,967 crore in the quarter
Bank of Baroda (BoB) on Friday reported an 11 per cent rise in profit to Rs 5,616 crore during the March quarter. The state-owned lender had earned a net profit of Rs 5,048 crore in the year-ago period. During the quarter, the bank's total income increased to Rs 36,609 crore, from Rs 35,852 crore a year ago, BoB said in a regulatory filing. The bank's interest income grew to Rs 32,642 crore, from Rs 30,642 crore in the fourth quarter of the previous financial year. However, net interest income (NII) in the quarter declined to Rs 12,494 crore, from Rs 11,020 crore in the same period a year ago. On the asset quality front, the bank's gross non-performing assets (NPAs) moderated to 1.89 per cent of gross advances, as compared to 2.26 per cent by the end of March 2025. Similarly, net NPAs came down to 0.45 per cent of the advances, over 0.58 per cent at the end of 2025. The provision coverage ratio of the bank improved marginally to 93.94 per cent as on March 31, 2026. The bank's c
The Cabinet approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to provide additional credit support to businesses facing liquidity stress due to the West Asia situation.
Bank of Baroda Q4FY26 results preview: Profit may remain flat or decline as treasury losses, NIM pressure offset strong loan growth. Check estimates, dividend outlook.
The RBI has issued final guidelines for transitioning to an Expected Credit Loss (ECL) framework, effective April 1, 2027, largely in line with the earlier draft.
Thus far in the month of April, the Nifty PSU Bank index has outperformed the market by soaring 15 per cent, as compared to 9.6 per cent rise in the Nifty 50.
Global brokerage Nomura prefers private banks over PSU bank stocks, citing limited re-rating scope, weaker earnings quality, and high leverage risks among PSBs. It likes Axis Bank & ICICI Bank
Bank stocks traded mixed after Q4FY26 updates. PSU banks like BoB, Bank of Maharashtra gained, while shares of HDFC Bank, IndusInd Bank, and IDFC First Bank slipped
Nomura has warned that bank margins may decline in FY27 as credit growth continues to outpace deposits. Rising CD ratio, falling LCR, and weak deposit growth remain key risks for the banking sector.
Investor sentiments continued to be in a risk-off mood after Iran widened its warnings to target buyers of US Treasury bonds, as the Trump administration's 48-hour ultimatum neared expiry
At 09:30 AM on Friday; Nifty PSU Bank index, the top gainer among sectoral indices, was up 3.4 per cent, as compared to 1.2 per cent rise in the Nifty 50.
Based on interactions with direct selling agents (DSAs) across western India, Motilal Oswal said MSME credit demand remains healthy in Q4FY26
State-run lender raises $500 million through a five-year syndicated loan via its GIFT City IFSC unit, attracting investors across Asia and aiming to diversify funding sources
Stocks to Watch today, March 11: TVS Supply Chain, HG Infra, Waaree Renewable Technologies, Hindustan Zinc, and Bank of Baroda are among the top stocks to remain in focus today