Financial Performance (All figures in USD Mn, 1 USD = Rs. 94.8350 as of 30 March 2026 per FEDAI)

Q4 FY26 Performance:

  • Net Interest Income: $1,317 (8.7% YoY growth from Q4 FY25's $1,212)
  • Non-Interest Income: $418 (-16.2% YoY from Q4 FY25's $499)
  • Operating Profit: $956 (11.5% YoY growth from Q4 FY25's $857)
  • Net Profit: $592 (11.2% YoY growth from Q4 FY25's $532)
  • Cost to Income Ratio: 44.90% (499 bps improvement YoY)

Full Year FY26 Performance:

  • Net Interest Income: $5,028 (2.5% YoY growth from FY25's $4,905)
  • Non-Interest Income: $1,662 (-0.2% YoY from FY25's $1,665)
  • Operating Profit: $3,402 (-0.5% YoY from FY25's $3,420)
  • Net Profit: $2,111 (2.2% YoY growth from FY25's $2,065)

Asset Quality:

  • Gross NPA Ratio: 1.89% (37 bps improvement YoY from 2.26%)
  • Net NPA Ratio: 0.45% (13 bps improvement YoY from 0.58%)
  • Provision Coverage Ratio (Including TWO): 93.94% (65 bps improvement YoY)
  • Slippage Ratio: 0.89% in Q4 FY26 (0.72% for full year FY26)
  • Credit Cost: 0.76% in Q4 FY26 (0.46% for full year FY26)

Capital Adequacy:

  • Capital Adequacy Ratio: 15.82% (137 bps decrease YoY from 17.19%)
  • Quarterly Average LCR (solo): Approximately 127%
  • Dividend: Declared $0.09 per share, subject to approvals

Business Performance

Deposits (as of March 2026):

  • Total Deposits: $173,827 Mn (12.0% YoY growth)
  • Domestic Deposits: $147,761 Mn (12.8% YoY growth)
  • International Deposits: $26,066 Mn (7.5% YoY growth)
  • Domestic CASA Ratio: 38.90% (107 bps decrease YoY)
  • Term Deposits: 60% of total deposits
  • Bulk Deposits (including CD): $33,677 Mn (25.6% YoY growth)

Advances (as of March 2026):

  • Global Gross Advances: $150,775 Mn (16.2% YoY growth)
  • Domestic Gross Advances: $123,315 Mn (14.5% YoY growth)
  • International Gross Advances: $27,460 Mn (24.4% YoY growth)

Segment-wise Advances Growth (YoY):

  • Retail: $31,908 Mn (17.9% growth)
  • Agriculture: $20,147 Mn (20.7% growth)
  • MSME: $16,849 Mn (15.6% growth)
  • Corporate: $48,145 Mn (11.2% growth)

Industry-wise Exposure (Domestic):

  • Infrastructure: $12,472 Mn (10.1% share)
  • NBFC: $16,962 Mn (13.8% share)
  • Retail Loans: $33,755 Mn (27.4% share)
  • Agriculture: $20,147 Mn (16.3% share)

Subsidiaries and Joint Ventures Performance

IndiaFirst Life Insurance Co. Ltd. (64.92% holding):

  • AUM: $3,628 Mn (11.10% YoY growth)
  • Gross Premium Income: $846 Mn (11.10% YoY growth)
  • New Business GWP: $370 Mn (18.2% YoY growth)
  • Market Share: 1.7% among private insurers

BOBCARD Limited (100% holding):

  • Active Cards: 3.2 Mn (4.34% YoY growth)
  • Card Spends: $4,377 Mn (14.49% YoY growth)
  • ANR: $668 Mn (12.92% YoY growth)
  • Net Profit: $3 Mn

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

  • AAUM: $6,312 Mn (25.44% YoY growth)
  • Gross Revenue: $26 Mn (22.53% YoY growth)
  • Net Profit: $9 Mn (51.92% YoY growth)

Overseas Subsidiaries:

  • Bank of Baroda (Uganda) Ltd.: Net Profit $44 Mn (31.77% YoY growth), GNPA 0.02%
  • Bank of Baroda (Kenya) Ltd.: Net Profit $40 Mn (124.86% YoY growth), GNPA 11.84%
  • Bank of Baroda (Botswana) Ltd.: Net Profit $9 Mn (26.16% YoY growth), GNPA 1.96%

Consolidated Financials (FY26)

  • Total Income: $16,537 Mn (2.6% YoY growth)
  • Profit After Tax: $2,093 Mn (-4.2% YoY)
  • EPS: $0.40 (-4.2% YoY)
  • Total Assets: $221,596 Mn
  • Loans & Advances: $151,891 Mn
  • Deposits: $176,717 Mn

Key Strengths Highlighted

  • Government of India ownership: 63.97%
  • Customer base: ~183 million
  • Branch network: 34.5% rural, 26.1% semi-urban, 21.6% metro, 17.8% urban
  • Global presence: 80 overseas offices across 15 countries
  • Workforce: 76,693 employees
  • Digital banking rankings: 2nd in debit card issuance, 3rd in IMPS beneficiary and UPI autopay