Bank of Baroda, UCO Bank, and Punjab & Sind Bank Report Strong Q1 FY26 Growth
Bank of Baroda, UCO Bank, and Punjab & Sind Bank have reported significant business growth for Q1 FY26. Bank of Baroda's global business grew by 10.70% year-on-year to ₹26.43 trillion, with global advances up 13% and deposits up 9%. Domestic retail advances increased by 17.41%. UCO Bank's total business rose by 13.70% to ₹5.24 lakh crore, while Punjab & Sind Bank saw a 10.90% increase to ₹2.31 lakh crore.

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Overview
Bank of Baroda , UCO Bank, and Punjab & Sind Bank, three of India's prominent public sector banks, have reported robust business growth for the first quarter of FY26. These banks have demonstrated significant growth across various business segments.
Business Growth
Bank of Baroda reported a substantial increase in its global business, which grew by 10.70% year-on-year to reach ₹26.43 trillion. This growth was driven by impressive performances in both advances and deposits:
Category | Amount (₹ lakh crore) | Growth (%) |
---|---|---|
Global advances | 12.07 | 13.00 |
Global deposits | 14.36 | 9.00 |
In the domestic market, Bank of Baroda showcased robust growth:
- Domestic retail advances increased by 17.41% year-on-year, reaching ₹2.61 lakh crore
UCO Bank also reported strong growth, with its total business increasing by 13.70% to ₹5.24 lakh crore. Similarly, Punjab & Sind Bank saw a 10.90% rise in total business to ₹2.31 lakh crore.
Conclusion
The robust growth across various segments for all three banks demonstrates the strong position of these public sector banks in the banking sector and their ability to navigate the current economic landscape effectively. Bank of Baroda's impressive performance, particularly in domestic retail advances, highlights its strong market presence and growth strategy.
Historical Stock Returns for Bank of Baroda
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.53% | -0.12% | -5.33% | +5.74% | -10.78% | +368.49% |