Bank of Baroda global business grows 15.46% YoY to ₹30.51 trillion in Q1FY27

Bank of Baroda reported global business growth of 15.46% year over year to ₹30.51 trillion as of June 30, 2026. The expansion was driven by a 17.42% increase in global advances to ₹14.17 trillion and a 13.81% rise in global deposits to ₹16.34 trillion during the same period.

Key Business Metrics

The bank's performance for the quarter ended June 30, 2026, highlights growth across core banking parameters. The following table summarizes the key business indicators:

Particulars	30.06.2025 (Reviewed)	31.03.2026 (Audited)	30.06.2026 (Provisional)*	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%

*Subject to Audit / Review by Statutory Central Auditors of Bank. **Excluding pool purchase.

Advances and Deposit Growth

Global advances recorded a 17.42% year-over-year increase, reaching ₹14.17 trillion, while domestic advances grew by 16.14% to ₹11.51 trillion. Domestic retail advances, excluding pool purchase, surged 18.45% to ₹3.10 trillion. On the liabilities side, global deposits grew by 13.81% to ₹16.34 trillion, with domestic deposits increasing by 14.74% to ₹13.82 trillion.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.09%	-9.65%	-5.12%	-17.33%	+3.76%	+196.01%

Bank of Baroda shareholders approved the adoption of financial statements for the year ended March 31, 2026, and declared a dividend for FY2025-26 during the 30th Annual General Meeting held on June 23, 2026. The meeting, chaired by Dr. Debadatta Chand, MD & CEO, also approved the Capital Plan for the upcoming financial year and the re-appointment of senior leadership including the Managing Director and two Executive Directors. The proceedings were submitted to the stock exchanges in compliance with SEBI (LODR) Regulations, 2015.

The resolutions were passed via a hybrid mode combining remote e-voting and e-voting during the meeting. National Securities Depository Limited (NSDL) served as the e-voting agency, while M/s S. N. Ananthasubramanian & Co acted as the Scrutinizer to oversee the process. The remote e-voting facility was open from June 19, 2026, to June 22, 2026.

Voting Results

A total of seven resolutions were presented to the shareholders. These included six ordinary resolutions and one special resolution regarding the Capital Plan for 2026-27. All resolutions were passed with the requisite majority. The special resolution for the Capital Plan received 99.95% assent, while the resolution to adopt financial accounts saw 97.45% approval.

Key Approvals

Financial Results: Adoption of the Balance Sheet as on March 31, 2026, and the Profit and Loss Account for the year ended March 31, 2026.
Dividend: Approval and declaration of dividend for FY2025-26.
Capital Plan: Approval of the Capital Plan for the Financial Year 2026-27.
Appointments: Re-appointment of Dr. Debadatta Chand as Managing Director and CEO, Shri Lalit Tyagi and Shri Sanjay Vinayak Mudaliar as Executive Directors, and appointment of Shri Ashish Madhaorao More as Non-Executive Director.

Resolution Voting Summary

Resolution Description	Type	Assent Votes	Dissent Votes	Assent Percentage
Adopt Financial Statements	Ordinary	4,57,94,84,911	11,99,29,046	97.4480
Declare Dividend	Ordinary	4,70,27,61,478	12,172	99.9997
Capital Plan 2026-27	Special	4,70,04,32,955	23,40,034	99.9502
Appoint Ashish Madhaorao More	Ordinary	4,26,78,00,970	43,49,71,129	90.7508
Re-appoint Lalit Tyagi	Ordinary	4,30,32,63,806	39,95,05,359	91.5049
Re-appoint Sanjay Vinayak Mudaliar	Ordinary	4,30,66,39,554	39,61,32,001	91.5766
Re-appoint Dr. Debadatta Chand	Ordinary	4,67,44,59,682	2,83,11,973	99.3980