Bank of Baroda Reports 15.46% Growth in Global Business in Q1 FY2026-27
\State-owned Bank of Baroda (BoB) has reported strong business growth for the quarter ended June 30, 2026. In a regulatory filing submitted to the stock exchanges, the bank said its global business increased by 15.46% year-on-year (YoY) to ₹30.51 trillion.
Global Business Crosses ₹30.51 Trillion
Bank of Baroda’s total global business, which includes both deposits and advances, stood at ₹30.51 trillion (₹30,51,218 crore) as on June 30, 2026. This represents a 15.46% increase compared to ₹26.43 trillion (₹26,42,690 crore) recorded on June 30, 2025. At the end of March 31, 2026, the bank’s global business stood at ₹30.78 trillion (₹30,78,366 crore).
Deposits Show Steady Growth
The bank’s global deposits grew by 13.81% year-on-year to ₹16.34 trillion (₹16,33,846 crore) as on June 30, 2026, compared to ₹14.36 trillion (₹14,35,634 crore) in the same period last year. Its domestic deposits also registered healthy growth of 14.74%, rising to ₹13.82 trillion (₹13,81,822 crore) from ₹12.04 trillion (₹12,04,283 crore) a year earlier.
Advances Increase by More Than 17%
The bank’s global advances increased by 17.42% year-on-year to ₹14.17 trillion (₹14,17,372 crore) from ₹12.07 trillion (₹12,07,056 crore) as on June 30, 2025. Meanwhile, domestic advances grew by 16.14% to ₹11.51 trillion (₹11,51,383 crore) compared to ₹9.91 trillion (₹9,91,363 crore) in the corresponding quarter of the previous year.
Retail Loan Portfolio Continues to Grow
Bank of Baroda’s domestic retail advances (excluding pool purchases) recorded the highest growth among the major business segments. The retail loan portfolio increased by 18.45% year-on-year to ₹3.10 trillion (₹3,09,725 crore), up from ₹2.61 trillion (₹2,61,479 crore) a year ago.
Business Performance at a Glance
| Particulars | June 30, 2025 (₹ Crore) | March 31, 2026 (₹ Crore) | June 30, 2026 (₹ Crore) | YoY Growth |
|---|---|---|---|---|
| Global Business | 26,42,690 | 30,78,366 | 30,51,218 | 15.46% |
| Global Deposits | 14,35,634 | 16,48,487 | 16,33,846 | 13.81% |
| Domestic Deposits | 12,04,283 | 14,01,290 | 13,81,822 | 14.74% |
| Global Advances | 12,07,056 | 14,29,879 | 14,17,372 | 17.42% |
| Domestic Advances | 9,91,363 | 11,69,458 | 11,51,383 | 16.14% |
| Domestic Retail Advances* | 2,61,479 | 3,02,598 | 3,09,725 | 18.45% |
*Domestic retail advances exclude pool purchases.