Key Financial Performance (Q1FY27 vs Q1FY26)

Income Statement Highlights (₹ crore):

  • Net Interest Income: ₹12,524 crore, increased by 9.5% YoY from ₹11,435 crore
  • Non-Interest Income: ₹3,470 crore, decreased by 25.8% YoY from ₹4,675 crore
  • Fee-based Income: ₹1,291 crore, decreased by 20.4% YoY
  • Treasury Income: ₹893 crore, decreased by 59.9% YoY
  • Recovery from Written Off Accounts: ₹1,006 crore, increased by 58.6% YoY
  • Operating Profit: ₹8,127 crore, decreased by 1.3% YoY from ₹8,236 crore
  • Total Provisions: ₹6,323 crore, significantly increased from ₹1,967 crore in Q1FY26
  • Provision for NPA & Bad Debts Written-off: ₹1,043 crore, decreased by 38.2% YoY
  • Other Provisions: ₹5,670 crore, includes exceptional item of USD 600 million equivalent to ₹5,680 crore
  • Profit Before Tax: ₹1,804 crore, decreased by 71.2% YoY from ₹6,270 crore
  • Tax Provisions: ₹526 crore, decreased by 69.6% YoY from ₹1,728 crore
  • Net Profit: ₹1,278 crore, decreased by 71.8% YoY from ₹4,541 crore

Balance Sheet Growth (as of June 30, 2026):

  • Global Deposits: ₹16,33,559 crore, increased by 13.8% YoY
  • Domestic Deposits: ₹13,81,535 crore, increased by 14.7% YoY
  • International Deposits: ₹2,52,024 crore, increased by 8.9% YoY
  • Domestic CASA Ratio: 37.72%, decreased by 161 bps YoY
  • Global Advances: ₹14,16,898 crore, increased by 17.4% YoY
  • Domestic Gross Advances: ₹11,50,906 crore, increased by 16.1% YoY
  • International Advances: ₹2,65,992 crore, increased by 23.3% YoY
  • Retail Advances (Organic): ₹3,09,674 crore, increased by 18.4% YoY
  • Total Business: ₹30,50,457 crore, increased by 15.4% YoY

Asset Quality Metrics:

  • Gross NPA Ratio: 1.99%, improved by 29 bps YoY from 2.28%
  • Net NPA Ratio: 0.50%, improved by 10 bps YoY from 0.60%
  • Provision Coverage Ratio (Including TWO): 93.28%
  • Provision Coverage Ratio (Excluding TWO): 75.07%
  • Slippage Ratio: 0.91%
  • Credit Cost: 0.29%
  • Collection Efficiency (excluding Agriculture): 99.17% as of June 2026

Capital Adequacy:

  • Capital Adequacy Ratio: 16.30%, decreased by 131 bps YoY from 17.61%
  • Quarterly Average LCR (solo): Approximately 127%

Segment-wise Business Performance:

Deposits Breakdown (Domestic, ₹ crore):
  • Savings Deposits: ₹4,38,643 crore (YoY +9.2%, QoQ -1.6%)
  • Current Deposits: ₹82,506 crore (YoY +14.5%, QoQ -16.7%)
  • Term Deposits: ₹8,60,385 crore (YoY +17.8%, QoQ +0.5%)
  • Retail Term Deposits: ₹5,42,729 crore (YoY +8.8%, QoQ +1.1%)
  • Bulk Deposits (≥₹3 crore): ₹3,17,656 crore (YoY +37.0%, QoQ -0.5%)
Advances Breakdown (Domestic, ₹ crore):
  • Retail*: ₹3,09,674 crore (YoY +18.4%, QoQ +2.3%)
  • Home Loans: ₹1,53,285 crore (YoY +14.7%, QoQ +2.0%)
  • Auto Loans: ₹59,436 crore (YoY +25.3%, QoQ +5.8%)
  • Gold Loans: ₹13,536 crore (YoY +84.9%, QoQ -3.4%)
  • Personal Loans: ₹39,431 crore (YoY +7.5%, QoQ +0.4%)
  • Agriculture: ₹1,91,989 crore (YoY +18.7%, QoQ +0.5%)
  • Agri Gold Loans: ₹84,412 crore (YoY +38.4%, QoQ +1.4%)
  • MSME*: ₹1,63,264 crore (YoY +20.3%, QoQ +2.2%)
  • Corporate: ₹4,27,082 crore (YoY +15.3%, QoQ -6.5%)
  • Others: ₹58,896 crore (YoY -5.3%, QoQ -0.9%)

*ex-pool purchase. Retail including pool stands at ₹3,26,384 crore. MSME including pool at ₹1,67,690 crore as on June 30, 2026.

Treasury Operations:

  • Global Investments: ₹4,11,547 crore
  • Domestic Investments: ₹3,94,078 crore
  • SLR Securities: ₹3,31,566 crore (84% of domestic investments)
  • HTM: ₹2,90,119 crore (74% of domestic investment book)
  • AFS: ₹60,776 crore (15%)
  • FVTPL: ₹37,495 crore (10%)
  • SLR to NDTL Ratio: 24% as of June 30, 2026
  • Modified Duration of Total Investment: 4.44

Subsidiaries and Joint Ventures Performance (Q1FY27):

IndiaFirst Life Insurance Co. Ltd. (64.90% holding):
  • AUM: ₹36,479 crore (YoY +12.26%)
  • Gross Written Premium: ₹1,739 crore (YoY +11.20%)
  • Net Profit: ₹26.10 crore
  • Market share among private insurers: 1.4% (Individual NB APE terms)
BOBCARD Limited (100% holding):
  • Active Cards: 32.12 lakhs (YoY +6.19%)
  • Card Spends: ₹11,243 crore (YoY +19.14%)
  • Net Loss: ₹103.56 crore (vs profit of ₹20.80 crore in Q1FY26)
Baroda BNP Paribas Asset Management India Pvt. Ltd. (50.1% holding):
  • AAUM: ₹57,210 crore (YoY +8.25%)
  • Net Profit: ₹18.51 crore (YoY -9.53%)
  • Active SIPs: 4,90,583 (YoY +1.90%)
Overseas Subsidiaries:
  • Bank of Baroda (Uganda) Ltd. (80% holding): Net Profit ₹90.55 crore (YoY +12.98%), GNPA 0.38%
  • Bank of Baroda (Kenya) Ltd. (86.70% holding): Net Profit ₹119.00 crore (YoY +56.49%), GNPA 13.25%
  • Bank of Baroda (Botswana) Ltd. (100% holding): Net Profit ₹18.54 crore (YoY -25.59%), GNPA 2.13%

Sustainability Initiatives:

  • Green Deposits: Outstanding ₹1,747 crore, deployed ₹2,326.19 crore in renewable energy sector
  • Green Infrastructure Bonds: Raised ₹10,000 crore through Series I Long-Term Green Infrastructure Bonds at 7.10% coupon
  • Renewable Energy Financing: ₹34,009 crore outstanding for renewable energy projects
  • ESG Targets: Achieved 27.65% reduction in Scope 1 & 2 emissions from base year FY24 (target 20% by FY27)
  • Renewable Energy Financing: 39.14% of total energy sector financing (target 40% by 2027)
  • Net Zero Target: 2057

Digital Banking Initiatives:

  • The presentation included digital growth metrics but specific numbers were not provided in the disclosed text.

Disclaimer:

The document contains forward-looking statements and is for information purposes only. It is not an offer to sell securities and contains standard disclaimer language regarding reliance on the information provided.