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
Bank of Baroda share price outlook: Brokerages retained ratings but trimmed target prices amid margin pressure concerns and macro uncertainties
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.
GST rate cuts have sharply lowered prices of cars and appliances, but rising input costs have limited relief for food and personal care items, Bank of Baroda analysis shows
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.
The government has extended the tenure of Managing Directors of Bank of India (BoI) and Bank of Baroda (BoB) for three years beyond their current terms. According to sources, the government has extended the term of Rajneesh Karnatak, MD and CEO of BoI, for three years, effective April 29, 2026. Karnatak was appointed as MD and CEO of the bank in 2023 for three years. Besides, the Appointment Committee of the Cabinet, headed by Prime Minister Narendra Modi, also approved the extension of Debadatta Chand, MD and CEO of BoB, for three years, effective July 1, 2026. However, the government has not yet taken a view on extension with regard to UCO Bank MD and CEO Ashwani Kumar, whose three-year term is also coming to an end on June 1, 2026. The Appointment Committee of the Cabinet has also extended the term of Ashutosh Choudhary as executive director of Indian Bank for another three years.
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.
HDFC Bank and Bank of Baroda report robust loan growth in March 2026, with advances outpacing deposits even as time deposits continue to drive overall deposit expansion
The state government reversed its five-year ban on Bank of Baroda within a day, following the lender's representation over alleged lapses in fund transfers under a state scheme
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
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
Sidbi cancelled its ₹8,000 cr three-year bond issue after bids came at higher-than-expected yields, even as Bank of Baroda's green bond saw strong demand and priced tighter than comparable securities
State-owned lender Bank of Baroda plans to raise up to Rs 10,000 crore through issuance of green infrastructure bonds on March 4. The base issue size is Rs 5,000 crore, with a green shoe option to retain oversubscription of up to Rs 5,000 crore, taking the total issue size to Rs 10,000 crore, market sources said. Bonds will have a tenor of seven years and are scheduled to mature on March 5, 2033. The pay-in and allotment date is March 5, 2026. Pay in is the date when exchange of bonds and money takes place between issuer and investor. The bidding for the bond issue will take place between 11:00 am and 12:00 pm on March 4 on the Electronic Book Provider (EBP) platform of the National Stock Exchange of India. Bonds have been rated 'AAA' with 'Stable' by CARE Ratings and ICRA. The bonds will carry annual interest payments and will be allocated on a uniform yield basis through a closed bidding process. The minimum application size is Rs 1 lakh and in multiples of Rs 1 lakh thereafter.
The bank has seen improvement in asset quality parameters with lower incremental slippages, leading to lower credit costs
The brokerage expects PSBs to continue growing well until the first half of FY27 (H1FY27), but said private sector banks (PVBs) could outperform thereafter
State-owned Bank of Baroda (BoB) on Monday announced a 30-basis-point reduction in its car loan interest rates, effective immediately. The bank's floating rate now starts from 7.6 per cent per annum, BoB said in a statement. The bank also offers an attractive fixed rate of interest on Baroda car loans, starting at 8.5 per cent per annum. The new rate beginning at 7.6 per cent is available on the purchase of a new car and is linked to a borrower's credit profile, it said. In addition to a reduced rate of interest, the bank is also offering borrowers zero prepayment/part-payment charges on floating rate car loans for individual borrowers, it said. Further, the interest on Baroda Car Loans - both fixed and floating loans - is calculated on the daily reducing balance method, making it even more affordable for borrowers, it said. Customers can also benefit from an extended repayment tenure of up to 84 months, providing enhanced financial flexibility, it added.
In the past one month, the Nifty PSU Bank index has outperformed the market by surging 7 per cent, as against 0.5 per cent gain in the Nifty 50.