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.

Bank of Baroda has received a credit rating reaffirmation from CRISIL Ratings, with all debt instrument ratings maintained at 'CRISIL AAA/CRISIL AA+/Stable' as of January 02, 2026. The rating action covers multiple bond categories totaling over ₹50,000 crores, reinforcing the bank's strong credit profile and market position.

Rating Action Overview

CRISIL has reaffirmed ratings across Bank of Baroda's comprehensive debt portfolio:

The rating agency also withdrew its rating on Tier I bonds worth ₹2,578 crores, confirming these instruments have been fully redeemed in line with CRISIL's rating withdrawal policy.

Key Rating Strengths

Government Support and Market Position

The ratings continue to factor in strong government support expectations, with the Government of India holding 63.97% shareholding as of September 30, 2025. Bank of Baroda maintains its position among India's top five banks by asset size, with total standalone assets of ₹18,26,400 crores and consolidated assets of ₹19,13,557 crores as of September 30, 2025.

Financial Performance Metrics

The bank's financial indicators demonstrate steady performance:

Asset Quality and Capitalisation

Bank of Baroda has demonstrated improving asset quality metrics, with Gross Non-Performing Assets declining to 2.20% as of September 30, 2025, from 2.30% in March 2025 and 2.90% in March 2024. The bank maintains adequate capitalisation with Tier I and overall Capital Adequacy Ratios at 14.15% and 16.54% respectively as of September 30, 2025.

The bank's advances portfolio grew 11.90% year-on-year to ₹12,78,847 crores as of September 30, 2025, with retail, agriculture, and MSME segments comprising 46% of overall advances, up from 43% in March 2024.

Business Diversification and International Presence

Bank of Baroda operates through a diversified network of over 8,400 domestic branches, with 60% located in rural and semi-urban areas. The bank maintains significant international presence across 82 overseas offices in 17 countries, contributing 17% to global business as of September 30, 2025.

The deposit base stood substantial at ₹15,00,012 crores as of September 30, 2025, with a CASA ratio of 38.42%. International operations provide geographical diversity, generating approximately 15.20% of total deposits from overseas markets.

Rating Outlook and Monitoring Factors

CRISIL maintains a stable outlook, expecting the bank to sustain its strong market position while continuing to benefit from government support. Key monitoring factors include asset quality improvements in MSME and agriculture segments, profitability enhancement, and maintenance of adequate capital levels above regulatory requirements.