Bank of Baroda Soars: Q3 Loan Growth Beats Guidance, Stock Hits 52-Week High
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CNBC TV18•04-01-2026, 11:59
Bank of Baroda Soars: Q3 Loan Growth Beats Guidance, Stock Hits 52-Week High
- •Bank of Baroda's Q3 loan book grew 14.6% to ₹13.43 lakh crore, surpassing management's 11-13% guidance.
- •Domestic loan book saw a 13.54% year-on-year increase, reaching ₹10.95 lakh crore.
- •Deposits rose 10.3% year-on-year to ₹15.46 lakh crore in the December quarter.
- •MD & CEO Debadatta Chand noted strong traction in corporate lending and efforts to reduce bulk deposit dependency.
- •The stock hit a 52-week high of ₹305.8, up 1.7% on Friday, and has gained 35% in the last year.
Why It Matters: Bank of Baroda's strong Q3 loan growth exceeding guidance and robust stock performance signal positive momentum.
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