Bank of Baroda Announces Saksham Niveshak Campaign for KYC Updates and Unclaimed Dividend Claims

1 min read     Updated on 04 Apr 2026, 12:50 PM
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AI Summary

Bank of Baroda announced IEPF's 'Saksham Niveshak' campaign running from April 1 to July 9, 2026, encouraging shareholders to update KYC details and claim unclaimed dividends. The bank published multilingual notices across major newspapers on April 3, 2026, and designated KFin Technologies Limited to assist shareholders with the process to prevent dividend transfer to IEPF.

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Bank of Baroda has issued an official notice to stock exchanges regarding the Investor Education and Protection Fund Authority's initiative to help shareholders claim unclaimed dividends and update their KYC details. The bank published advertisements across multiple newspapers on April 3, 2026, informing shareholders about the comprehensive campaign.

Campaign Details and Timeline

The IEPF has launched its second 100-day campaign titled "Saksham Niveshak" specifically designed for KYC and related updates to facilitate claims of unpaid and unclaimed dividends. The campaign timeline and key information are outlined below:

Parameter Details
Campaign Duration 100 days
Start Date April 1, 2026
End Date July 9, 2026
Campaign Title Saksham Niveshak
Organizing Authority Investor Education and Protection Fund Authority (IEPF)

KYC Requirements and Shareholder Action

Shareholders who have not updated their KYC details are specifically requested to complete the process during this campaign period. The essential KYC components that require updating include:

  • PAN (Permanent Account Number)
  • Bank mandate details
  • Mobile number
  • Email ID
  • Other related documentation

The primary objective is to prevent the transfer of unclaimed dividends to the IEPF by ensuring shareholders have updated records and can successfully claim their pending dividends.

Multilingual Communication Strategy

Bank of Baroda demonstrated its commitment to reaching diverse shareholders by publishing the campaign notice in multiple languages across various newspapers on April 3, 2026:

Publication Language
Business Standard English
Indian Express English
Business Standard Hindi
Sandesh Gujarati
Punyanagari Marathi

Support and Assistance Channels

For shareholders requiring assistance with queries or lodging claims for unclaimed dividends, Bank of Baroda has designated KFin Technologies Limited as the Registrar and Transfer Agent. Shareholders can access comprehensive support through multiple channels:

Regulatory Compliance

The notice was formally communicated to both major stock exchanges as part of regulatory compliance under SEBI LODR Regulations 2015. Company Secretary S Balakumar signed the official communication dated April 4, 2026, requesting the exchanges to upload the information on their respective websites for broader shareholder awareness.

Historical Stock Returns for Bank of Baroda

1 Day5 Days1 Month6 Months1 Year5 Years
+6.93%+11.46%-6.56%+5.40%+20.33%+272.44%

Will the success of this 100-day campaign influence IEPF to make KYC update campaigns a regular annual initiative across all listed companies?

How might Bank of Baroda's dividend payout ratios be affected if a significant portion of unclaimed dividends are successfully claimed during this campaign?

Could this multilingual outreach strategy become a regulatory requirement for other public sector banks with diverse shareholder bases?

Bank Of Baroda: Co Global Business Jumps 13.93% YoY To ₹30.79 Trillion By March 31, 2026

2 min read     Updated on 04 Apr 2026, 12:19 PM
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AI Summary

Bank of Baroda demonstrated robust financial performance with its global business reaching ₹30.79 trillion, marking a 13.93% year-on-year growth by March 31, 2026. The bank's lending portfolio expanded significantly with global advances growing 16.23% to ₹14.30 trillion, while deposits increased 12.00% to ₹16.49 trillion, reflecting strong operational momentum across domestic and international markets.

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Bank of Baroda has reported strong business performance for the period ending March 31, 2026, demonstrating robust growth across all key metrics. The bank disclosed these provisional figures under SEBI regulations, showing significant year-on-year expansion in its global operations.

Strong Global Business Performance

The bank's global business reached ₹30.79 trillion as of March 31, 2026, representing a healthy growth of 13.93% compared to the same period in the previous year. This substantial increase reflects the bank's expanding market presence and successful business strategies across domestic and international markets.

Advances and Deposits Growth

Bank of Baroda's lending portfolio showed impressive momentum with global advances growing by 16.23% year-on-year to ₹14.30 trillion. The deposit base also expanded significantly, with global deposits increasing by 12.00% YoY to ₹16.49 trillion, indicating strong customer confidence and the bank's ability to mobilize funds effectively.

Performance Metric: March 31, 2025 (₹ crore) March 31, 2026 (₹ crore) YoY Growth (%)
Global Business: 27,02,496 30,78,854 13.93%
Global Deposits: 14,72,035 16,48,650 12.00%
Global Advances: 12,30,461 14,30,204 16.23%

Domestic Operations Excel

The bank's domestic operations demonstrated strong performance with domestic advances growing 14.56% year-on-year to ₹11.69 trillion. Domestic deposits also showed robust growth of 12.83% YoY, reaching ₹14.01 trillion. This growth in domestic operations underscores the bank's strong foothold in the Indian market and its ability to capture increasing business opportunities.

Retail Segment Outperforms

The retail banking segment emerged as a standout performer, with domestic retail advances (excluding pool purchase) registering the highest growth rate of 17.93% year-on-year to ₹3.02 trillion. This exceptional performance in the retail segment highlights the bank's successful focus on individual customers and small businesses.

Domestic Performance: March 31, 2025 (₹ crore) March 31, 2026 (₹ crore) YoY Growth (%)
Domestic Deposits: 12,42,169 14,01,497 12.83%
Domestic Advances: 10,21,112 11,69,804 14.56%
Domestic Retail Advances: 2,56,633 3,02,657 17.93%

The bank has filed this business update under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the figures being provisional and subject to audit by statutory central auditors. These strong performance indicators position Bank of Baroda favorably in the competitive banking landscape.

Historical Stock Returns for Bank of Baroda

1 Day5 Days1 Month6 Months1 Year5 Years
+6.93%+11.46%-6.56%+5.40%+20.33%+272.44%

How will Bank of Baroda's aggressive retail lending growth strategy impact its asset quality and NPA ratios in the coming quarters?

What specific market expansion plans does the bank have to sustain its 16%+ advances growth rate amid increasing competition from fintech and digital banks?

Will the bank's strong deposit mobilization enable it to maintain competitive interest rates while preserving net interest margins in FY2027?

More News on Bank of Baroda

1 Year Returns:+20.33%