Bank of Baroda has announced a strategic partnership with India Infrastructure Finance Company Ltd (IIFCL) to enhance infrastructure financing capabilities across the country. The collaboration focuses on joint lending and loan syndication for a diverse range of infrastructure projects, positioning both institutions to accelerate India's infrastructure development goals.

Partnership Framework

The agreement establishes a comprehensive framework for collaboration between the two financial institutions. Under this partnership, IIFCL and Bank of Baroda will work together to finance various infrastructure projects through coordinated lending approaches and syndication mechanisms.

Strategic Focus Areas

IIFCL's approach to this partnership emphasizes sustainable and inclusive financing solutions. Palash Srivastava, Deputy Managing Director of IIFCL, highlighted the company's commitment to supporting national objectives through long-term financing mechanisms.

The partnership will prioritize several key areas:

• Green Finance: Supporting environmentally sustainable infrastructure projects
• MSME Support: Facilitating financing for micro, small, and medium enterprises
• Rural Infrastructure: Enhancing infrastructure development in rural areas
• Inclusive Growth: Fostering resilient economic development across sectors

Leveraging Combined Strengths

Bank of Baroda brings its extensive nationwide presence to the partnership, providing significant reach and distribution capabilities. Lalit Tyagi, Executive Director of Bank of Baroda, emphasized how this collaboration positions the bank to extend its reach and deliver innovative financing solutions.

The partnership represents a strategic alignment of capabilities, combining IIFCL's specialized infrastructure financing expertise with Bank of Baroda's broad banking network and customer base. This collaboration is expected to create synergies that will benefit infrastructure project developers and contribute to India's overall infrastructure development objectives.

Bank of Baroda has announced the re-designation of two Key Managerial Personnel (KMP) effective January 20, 2026. The changes involve updated nomenclature for senior officers in risk management and compliance functions, with no alterations to their existing roles or responsibilities.

Re-designation Details

The bank's Competent Authority has approved the re-designation of two senior executives in key operational roles. Both officers will continue in their current capacities with enhanced titles that better reflect their group-level responsibilities.

Scope and Impact

The bank has specifically clarified that these re-designations are purely nomenclature changes. The updated titles do not involve any modifications to the incumbent roles, responsibilities, reporting structure, or scope of duties for either officer. Both executives will continue to operate within their existing frameworks while carrying enhanced designations that align with their group-level functions.

Regulatory Compliance

The re-designation announcement was made in compliance with Regulation 30 read with Schedule III of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The bank has informed both BSE and NSE about these changes as part of its disclosure obligations for Key Managerial Personnel updates.

The notification was signed by S Balakumar, Company Secretary, and communicated to the stock exchanges on January 20, 2026, ensuring timely compliance with regulatory requirements for corporate governance disclosures.