Bank of Baroda has announced a revision in its Marginal Cost of Funds Based Lending Rate (MCLR) effective December 12, 2025. The bank formally communicated this update to both the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) through an official regulatory filing dated December 10, 2025.

MCLR Revision Details

The bank has revised its MCLR across multiple tenors, with the changes taking effect from December 12, 2025. The revision covers various MCLR tenors including:

• One Month MCLR
• Three Month MCLR
• Six Month MCLR

While the communication indicates both existing and revised MCLR rates, the specific percentage details were not clearly legible in the regulatory filing document.

Regulatory Compliance

The MCLR revision announcement has been made in strict compliance with regulatory requirements. Bank of Baroda has disclosed this information pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The bank has requested both stock exchanges to take note of the revision and upload the information on their respective websites for public access and transparency.

Communication Framework

The official communication was signed by S. Balakumar, Company Secretary of Bank of Baroda, and sent from the bank's corporate center located at Bandra Kurla Complex, Mumbai. This follows the standard protocol for material disclosures by listed companies to ensure timely and accurate information dissemination to stakeholders and the investing public.

MCLR revisions are significant for the banking sector as they directly impact lending rates offered to customers across various loan categories and tenors.

Bank of Baroda has made a strategic investment of ₹10 crores to acquire a 50% stake in Indian Digital Payment Intelligence Corporation (IDPIC), a newly incorporated Section 8 company. The bank subscribed to 1 crore equity shares at face value of ₹10 per share, positioning itself as the initial promoter of the digital payment intelligence platform.

Investment Structure and Details

The public sector bank's investment represents a significant commitment to India's digital payment security infrastructure. Bank of Baroda received RBI approval on December 9, 2025, to establish IDPIC as a Section 8 company under the Companies Act, 2013.

About Indian Digital Payment Intelligence Corporation

IDPIC was incorporated on October 16, 2025, with the Corporate Identity Number U88900MH2025NPL459209. The company operates as a not-for-profit digital payments intelligence platform designed to combat payment fraud through advanced technologies.

Strategic Objectives and Technology Focus

IDPIC aims to promote the integrity, security, and resilience of India's digital payment ecosystem by developing robust digital public infrastructure. The platform will leverage advanced technologies including artificial intelligence, machine learning, and blockchain to provide comprehensive fraud detection and prevention services.

The company will serve banks, financial institutions, payment aggregators, payment system operators, and other regulated entities within the domestic payment ecosystem. It will also facilitate cross-border collaboration and provide access to anonymized data-driven insights, beneficiary risk scores, and threat intelligence through secure, self-learning mechanisms including APIs and model testing sandboxes.

Market Impact and Future Prospects

This investment aligns with Bank of Baroda's digital transformation strategy and demonstrates the growing importance of collaborative fraud prevention in India's expanding digital payment landscape. The platform's focus on real-time and near-real-time fraud risk assessment positions it as a critical infrastructure component for maintaining public confidence in digital payment systems.