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Informist, Monday, Oct. 5, 2026

--Bank of Baroda domestic advances INR 11.88 tln as on Sept 30, up 13.5% on yr

--Bank of Baroda domestic deposits INR 14.88 tln as on Sept 30, up 17% on yr

NEW DELHI – Bank of Baroda's domestic advances rose 13.5% on year to INR 11.88 trillion as on Sept. 30, according to provisional data released by the lender late Saturday. The public-sector bank's domestic deposits were up 17.0% at INR 14.88 trillion at the end of the reporting quarter. 

Global advances were up 18.3% on year at INR 15.12 trillion at the end of the September quarter, while deposits rose to INR 17.51 trillion, up 16.8% on year. Overall, the state-owned bank's global business rose by 17.5% to INR 32.64 trillion. 

Total loans across scheduled commercial banks in India were up 18.1% as on Sept. 15, while deposits grew 17.3% on year, according to latest data from the Reserve Bank of India. The growth in deposits was boosted by the RBI's special swap window to attract foreign capital, where it bore the hedging cost of three-to-five foreign currency non-resident (banks) deposits. The FCNR(B) inflow under the scheme totalled $133 billion between Jun. 8 and Aug. 31. 

For the June quarter, the bank had reported a net profit of INR 12.78 billion on total income of INR 366.81 billion. At 0915 IST, the bank's shares were 2.0% higher at INR 235.38 on the National Stock Exchange.  End

Reported by Aaryan Khanna

Edited by Himanshi Gupta

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