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Bank of Baroda | The lender's loan book at the end of the December quarter stood at 14.6% year-on-year, higher than the management's guidance of 11% to 13% growth. Deposit growth at the end of the quarter also stood at 10.3% year-on-year. Domestic advances grew by 13.5% year-on-year, while retail loans grew 17.3%.
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CNBC TV18•30-01-2026, 17:07

Bank of Baroda Q3 Profit Rises, Asset Quality Improves, Loan Growth Exceeds Guidance

  • •Bank of Baroda reported a 4.5% year-on-year increase in net profit to ₹5,054 crore for Q3.
  • •Gross non-performing assets (NPA) improved to 2.04% from 2.16% sequentially, while net NPA remained stable at 0.57%.
  • •The bank's loan book expanded by 14.6% year-on-year to ₹13.43 lakh crore, surpassing the management's guidance of 11-13%.
  • •Deposits grew 10.3% year-on-year to ₹15.46 lakh crore, and domestic advances increased by 13.54%.
  • •Priority sector lending exceeded regulatory norms, and the card business showed strong traction with active BOB Cards reaching 30.68 lakh.

Why It Matters: Bank of Baroda delivered a strong Q3 performance with increased profit, improved asset quality, and robust loan growth.

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