Bank of Baroda Reports 14% YoY Growth in Global Business for Q4 FY26
Bank of Baroda Q4 update: PSU lender reports 14% YoY growth in global business; deposits rise 12%
The Economic Times
Image: The Economic Times
Bank of Baroda (BoB), a state-owned lender in India, reported a 14% year-on-year growth in global business, reaching ₹30.78 lakh crore for the quarter ending March 31, 2026. Global deposits increased by 12% to ₹16.48 lakh crore, reflecting strong performance in both domestic and global advances.
- 01Bank of Baroda's global business grew by 14% YoY to ₹30.78 lakh crore.
- 02Global deposits rose by 12% to ₹16.48 lakh crore in Q4 FY26.
- 03Domestic advances increased by 15% YoY to ₹11.69 lakh crore.
- 04Retail advances surged 18% to ₹3 lakh crore compared to the previous year.
- 05Shares of Bank of Baroda settled 0.80% lower at ₹250 following the update.
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Bank of Baroda (BoB) reported a 14% year-on-year growth in its global business, reaching ₹30.78 lakh crore for the quarter ended March 31, 2026. This increase is compared to ₹27 lakh crore in the same quarter last year. Global deposits also saw a 12% rise, totaling ₹16.48 lakh crore, up from ₹14.72 lakh crore in Q4 FY25. Domestic deposits grew by 13% YoY, amounting to ₹14 lakh crore. The bank's global advances surged over 16% to ₹14.30 lakh crore, while domestic advances increased by 15% to ₹11.69 lakh crore. Notably, domestic retail advances experienced an 18% growth, reaching ₹3 lakh crore from ₹2.56 lakh crore in the previous year. Following the announcement, BoB's shares closed at ₹250, down 0.80%. The final business figures will be released along with the bank's earnings report.
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The growth in deposits and advances indicates a robust banking environment, which may lead to more lending opportunities and better financial services for customers.
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