Bank of Baroda delivered robust business performance in the third quarter of fiscal year 2026, with key metrics exceeding management expectations and driving investor confidence across both domestic and global operations. The bank filed its official business update under Regulation 30 on January 4, 2026, reporting performance data as of December 31, 2025.

Strong Global Business Performance

The state-run lender's global business demonstrated impressive growth momentum during the October-December period. The following table highlights the key performance metrics:

The loan book growth of 14.57% significantly outperformed the management's guidance range of 11% to 13%, demonstrating the bank's strong business execution. The global business reached ₹28.91 trillion as of December 31, 2025.

Domestic Business Expansion

Bank of Baroda's domestic operations showed exceptional performance across all segments. The updated domestic business metrics are presented below:

The domestic retail advances, excluding pool purchases, surged 17.30% to ₹2.85 trillion, indicating strong retail customer acquisition and market penetration. The domestic advances growth of 13.54% demonstrates the bank's robust lending momentum in the domestic market.

Regulatory Compliance and Transparency

The bank filed this business update in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information. The data is provisional and subject to audit/review by Statutory Central Auditors of the Bank.

Strategic Focus and Market Position

The Gujarat-based PSU bank has guided for 11-13% credit growth, driven largely by the retail and MSME segments. Bank of Baroda stands as the second-largest state-owned bank in India in terms of assets and market capitalisation.

The bank's strategic priorities include strong traction in specific pockets of corporate lending business, focus on reducing dependency on bulk deposits due to their volatile nature, and emphasis on building a more stable deposit base. The strong quarterly metrics position Bank of Baroda favorably in the competitive banking sector.

Bank of Baroda has reported strong financial performance as of December 31, 2025, demonstrating robust growth across all key business segments. The bank disclosed these figures in a regulatory filing under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Global Business Performance

The bank's Global Business reached ₹28.91 trillion as of December 31, 2025, representing a significant 12.22% year-on-year growth from ₹25.76 trillion in the corresponding period of the previous year. This growth reflects the bank's expanding operations and market presence.

Advances and Lending Growth

Bank of Baroda's Global Advances showed impressive momentum, growing 14.57% year-on-year to ₹13.44 trillion as of December 31, 2025. The Domestic Advances segment contributed significantly to this growth, expanding 13.54% YoY to ₹10.95 trillion from ₹9.65 trillion in the previous year.

The Domestic Retail Advances segment demonstrated particularly strong performance, recording 17.30% year-on-year growth to reach ₹2.85 trillion, excluding pool purchases. This growth indicates the bank's successful focus on retail lending and customer acquisition.

Deposit Mobilization

The bank's deposit base continued to expand steadily, with Global Deposits growing 10.25% year-on-year to ₹15.47 trillion as of December 31, 2025. Domestic Deposits showed robust growth of 11.13% YoY, reaching ₹13.07 trillion compared to ₹11.76 trillion in the corresponding period of the previous year.

Regulatory Compliance

The bank submitted these provisional figures to both BSE and NSE as part of its regulatory obligations under SEBI guidelines. The figures are subject to audit and review by the bank's Statutory Central Auditors. This disclosure demonstrates Bank of Baroda's commitment to transparency and regulatory compliance in its financial reporting practices.