Date: 30th October 2026

Financial Results (Standalone & Consolidated)

Standalone Performance (Q2 FY27 vs Q2 FY26)

  • Net Interest Income (NII): ₹13,026 crore, up 9.0% YoY (from ₹11,954 crore)
  • Non-Interest Income: ₹6,881 crore, up 95.8% YoY (from ₹3,515 crore)
  • Operating Profit: ₹11,430 crore, up 50.9% YoY (from ₹7,576 crore)
  • Net Profit: ₹6,532 crore, up 35.8% YoY (from ₹4,809 crore)
  • Total Provisions: ₹2,382 crore, up 93.3% YoY (from ₹1,232 crore)
  • Profit Before Tax: ₹9,048 crore, up 42.6% YoY (from ₹6,343 crore)
  • Tax Provisions: ₹2,517 crore, up 64.1% YoY (from ₹1,534 crore)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Net Interest Income (NII): ₹25,551 crore, up 9.2% YoY (from ₹23,388 crore)
  • Non-Interest Income: ₹10,351 crore, up 26.4% YoY (from ₹8,189 crore)
  • Operating Profit: ₹19,557 crore, up 23.7% YoY (from ₹15,812 crore)
  • Net Profit: ₹7,810 crore, down 16.5% YoY (from ₹9,351 crore)

Key Ratios

  • Gross NPA Ratio: 1.78% (improved 38 bps YoY from 2.16%)
  • Net NPA Ratio: 0.37% (improved 20 bps YoY from 0.57%)
  • Capital Adequacy Ratio: 16.61% (improved 7 bps YoY from 16.54%)
  • Cost to Income Ratio: 42.58% (improved 844 bps YoY from 51.02%)
  • Provision Coverage Ratio (Including TWO): 94.65% (improved from 93.21%)
  • Slippage Ratio: 0.69% (improved from 0.91%)

Interest Income Breakdown (Q2 FY27)

  • Interest on Advances: ₹26,754 crore, up 13.8% YoY
  • Interest on Investments: ₹7,273 crore, up 14.1% YoY
  • Other Interest Income: ₹1,057 crore, down 35.1% YoY
  • Total Interest Income: ₹35,085 crore, up 11.3% YoY

Interest Expenses Breakdown (Q2 FY27)

  • Interest on Deposits: ₹19,544 crore, up 12.9% YoY
  • Interest on Borrowings: ₹1,444 crore, up 6.2% YoY
  • Other Interest Paid: ₹1,070 crore, up 21.0% YoY
  • Total Interest Expenses: ₹22,059 crore, up 12.8% YoY

Non-Interest Income Breakdown (Q2 FY27)

  • Fee Based Income: ₹1,637 crore, down 8.5% YoY
  • Treasury Income: ₹4,093 crore (includes Trading Gains of ₹1,824 crore and Revaluation of Investment of ₹1,907 crore)
  • Other Non-Interest Income: ₹1,151 crore, up 80.1% YoY (includes Recovery from TWO of ₹729 crore)

Operating Expenses Breakdown (Q2 FY27)

  • Employee Cost: ₹4,583 crore, up 12.8% YoY (Salaries: ₹3,698 crore, up 12.1%)
  • Other Operating Expenses: ₹3,894 crore, up 1.6% YoY
  • Total Operating Expenses: ₹8,477 crore, up 7.4% YoY

Business Performance

Deposits (as of 30th September 2026)

  • Domestic Deposits: ₹14,83,521 crore, up 16.6% YoY
  • International Deposits: ₹2,61,915 crore, up 14.9% YoY
  • Global Deposits: ₹17,45,435 crore, up 16.4% YoY
  • Domestic CASA: ₹5,39,515 crore, up 10.4% YoY
  • Domestic CASA Ratio: 36.37% (down 205 bps YoY from 38.42%)
  • Term Deposits: ₹9,44,006 crore, up 20.5% YoY
  • Retail Term Deposits: ₹5,45,470 crore, up 7.6% YoY
  • Bulk Deposits: ₹2,95,974 crore, up 14.5% YoY
  • FCNR(B) Deposits: ₹1,02,562 crore (including BOB Legend FCNR(B) Deposits of ₹77,270 crore)

Advances (as of 30th September 2026)

  • Retail Advances (Organic): ₹3,24,040 crore, up 18.6% YoY
  • Home Loans: ₹1,59,255 crore, up 14.6% YoY
  • Auto Loans: ₹63,324 crore, up 27.8% YoY
  • Mortgage Loans: ₹28,594 crore, up 20.3% YoY
  • Education Loans: ₹13,302 crore, up 9.9% YoY
  • Personal Loans: ₹40,625 crore, up 6.8% YoY
  • Gold Loans: ₹13,693 crore, up 66.6% YoY
  • Agriculture Advances: ₹2,01,946 crore, up 19.0% YoY
  • MSME Advances: ₹1,75,207 crore, up 21.3% YoY
  • Corporate Advances: ₹4,25,736 crore, up 6.3% YoY
  • Domestic Gross Advances: ₹11,87,944 crore, up 13.5% YoY
  • International Gross Advances: ₹3,24,504 crore, up 39.7% YoY (includes self-leverage on BOB Legend FCNR(B) deposits of ₹60,527 crore)
  • Global Gross Advances: ₹15,12,448 crore, up 18.3% YoY
  • Total Business: ₹32,57,883 crore, up 17.2% YoY

Industry-wise Outstanding (Domestic Advances)

  • Infrastructure: ₹1,06,696 crore (9.0% share)
  • Power: ₹73,241 crore (6.2%)
  • Roads & Ports: ₹16,163 crore (1.4%)
  • Basic Metals & Metal Industry: ₹19,672 crore (1.7%)
  • Textiles: ₹16,851 crore (1.4%)
  • NBFC: ₹1,50,092 crore (12.6%)
  • Retail Loans: ₹3,39,866 crore (28.6%)
  • Agriculture: ₹2,01,946 crore (17.0%)

Rating Profile

  • 95% of domestic advances above ₹50 crore have external ratings
  • NBFC Portfolio Rating Distribution (Sep'26):
  • AAA: 69.94% (₹1,04,983 crore)
  • AA: 26.40% (₹39,620 crore)
  • A: 3.32% (₹4,978 crore)
  • BBB: 0.32% (₹475 crore)
  • BB & below: 0.02% (₹36 crore)

Treasury Operations

  • Domestic Investments: ₹4,34,634 crore
  • SLR: ₹3,66,534 crore
  • Non-SLR: ₹68,100 crore
  • HTM: ₹3,23,103 crore (74% of domestic book)
  • AFS: ₹61,032 crore (14%)
  • FVTPL: ₹44,811 crore (10%)
  • Global Investments: ₹4,49,912 crore
  • Yield on Domestic Investment: 6.97%
  • Modified Duration: Total Investment 4.71

Asset Quality

NPA Movement (Q2 FY27)

  • Opening Gross NPA: ₹28,150 crore
  • Additions: ₹2,847 crore (Fresh Slippages: ₹2,392 crore)
  • Reductions: ₹4,101 crore (Recovery: ₹1,240 crore, Upgradation: ₹1,015 crore, Write-Offs: ₹1,840 crore)
  • Closing Gross NPA: ₹26,897 crore
  • Net NPA: ₹5,520 crore
  • Recovery in TWO: ₹729 crore
  • Total Recovery (NPA + TWO): ₹2,984 crore

Sector-wise NPA (Q2 FY27)

  • Corporate: ₹38 crore
  • MSME: ₹9,107 crore
  • Retail: ₹5,613 crore
  • Agriculture: ₹9,128 crore
  • International: ₹2,908 crore
  • Global Gross NPA: ₹26,897 crore

Fresh Slippages (Q2 FY27)

  • Corporate: ₹5 crore
  • MSME: ₹839 crore
  • Retail: ₹676 crore
  • Agriculture: ₹840 crore
  • Total Domestic: ₹2,382 crore
  • International: ₹10 crore
  • Global: ₹2,392 crore

Collection Efficiency

  • Collection efficiency (excluding Agriculture) stands at 99.22% as of September 2026

Subsidiaries Performance

IndiaFirst Life Insurance Co. Ltd. (64.86% holding)

  • New Business GWP: ₹1,116 crore in Q2 FY27, up 43.5% YoY
  • Gross Written Premium: ₹2,309 crore in Q2 FY27, up 20.6% YoY
  • Net Profit: ₹4.4 crore in Q2 FY27 (₹15.3 crore in Q2 FY26)
  • Rank: 12th position among private insurers in Q2 FY27

Baroda BNP Paribas Asset Management India Pvt. Ltd. (50.1% holding)

  • AAUM: ₹58,607 crore in Q2 FY27, up 6% YoY
  • Gross Revenue: ₹69.44 crore in Q2 FY27, up 10% YoY
  • Net Profit: ₹26.12 crore in Q2 FY27, up 7.22% YoY
  • Rank: 22nd among Mutual Fund Companies in India

Baroda Global Shared Services Limited (100% holding)

  • Revenue from Operations: ₹72.94 crore in Q2 FY27, up 31.55% YoY
  • Profit After Tax: ₹9.64 crore in Q2 FY27 (₹7.82 crore in Q2 FY26)
  • DST Gross Disbursement: ₹6,756 crore in Q2 FY27, up 48% YoY

Nainital Bank Limited (98.62% holding)

  • Total Business: ₹14,375.84 crore in Q2 FY27, up 11.13% YoY
  • Gross Advances: ₹5,623.94 crore in Q2 FY27, up 15.62% YoY
  • Total Deposits: ₹8,751.90 crore in Q2 FY27, up 8.43% YoY
  • Gross NPA Ratio: 4.97% in Sep'26 (down from 8.02% in Sep'25)
  • Net Profit: ₹21.68 crore in Q2 FY27 (₹14.83 crore in Q2 FY26)

Other Subsidiaries

  • India Infradebt Limited (40.99% JV): PAT ₹180.59 crore in Q2 FY27, up 24.40% YoY
  • BOBCARD Limited (100% holding): Net loss ₹72.20 crore in Q2 FY27
  • BOB Capital Markets Limited (100% holding): Net loss ₹3.73 crore in Q2 FY27
  • BOB Securities & Giltedge Limited: Newly incorporated subsidiary with initial capital of ₹500 crore

Overseas Subsidiaries

  • Bank of Baroda (Uganda) Ltd.: Net Profit ₹229.52 crore in H1 FY27, up 31.34% YoY; GNPA 0.45%
  • Bank of Baroda (Kenya) Ltd.: Net Profit ₹225.40 crore in H1 FY27, up 36.54% YoY; GNPA 12.91%
  • Bank of Baroda (Botswana) Ltd.: Net Profit ₹40.94 crore in H1 FY27, down 26.63% YoY; GNPA 1.85%

Consolidated Financials

Balance Sheet (as of 30th September 2026)

  • Capital: ₹1,036 crore
  • Reserves & Surplus: ₹1,73,746 crore
  • Deposits: ₹17,75,096 crore
  • Borrowings: ₹1,83,471 crore
  • Total Liabilities: ₹22,31,467 crore
  • Investments: ₹5,02,214 crore
  • Loans & Advances: ₹15,24,547 crore
  • Total Assets: ₹22,31,467 crore

Profit & Loss (Q2 FY27)

  • Interest Income: ₹37,021 crore, up 11.1% YoY
  • Non-Interest Income: ₹8,763 crore, up 71.3% YoY
  • Total Income: ₹45,784 crore, up 19.1% YoY
  • Interest Expenses: ₹22,660 crore, up 12.2% YoY
  • Operating Expenses: ₹10,450 crore, up 7.2% YoY
  • Operating Profit: ₹12,674 crore, up 49.2% YoY
  • Provisions: ₹3,407 crore, up 89.5% YoY
  • Profit Before Tax: ₹9,267 crore, up 38.4% YoY
  • Tax: ₹2,628 crore, up 61.8% YoY
  • Profit After Tax: ₹6,737 crore, up 31.2% YoY
  • EPS: ₹13.03, up 31.2% YoY

Sustainability Initiatives

Green Financing

  • Outstanding of ₹31,945 crore for renewable energy projects
  • Green Deposits mobilized: ₹2,704.26 crore (outstanding ₹1,934.15 crore)
  • Green Infrastructure Bonds: ₹10,000 crore raised at 7.10% coupon
  • Investment in Sovereign Green Bonds: ₹3,218.33 crore

Environmental Performance

  • 27.65% reduction in Scope 1 & 2 emissions from base year FY24
  • Renewable Energy financing: 38.05% of total energy sector financing
  • 541 bank premises running on solar energy (5.42 MW total)
  • 7 bank premises with EV charging infrastructure

Social Initiatives

  • Loans to 3,98,254 SHGs with outstanding of ₹16,206 crore
  • Financial literacy programs reaching 96,095 people
  • 16,369 youth trained through RSETIs