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saurabh mittal

7th Oct · SEBI Registration INH000022835

Bank of Baroda Ltd Q2 FY27 provisional business update

BANKBARODA
The bank reported provisional Q2 FY27 figures with global business up 17.45% YoY to ₹32.64 trillion, global advances up 18.27% YoY to ₹15.12 trillion, and global deposits up 16.75% YoY to ₹17.51 trillion; domestically, retail advances rose 18.67% YoY to ₹3.24 trillion, indicating continued credit momentum even as deposit growth lagged advances. On the product front, Bank of Baroda launched its pension‑fund business through its 80.1%‑owned subsidiary “BOB Pension Fund Management Company Ltd” (incorporated September 21, 2026) and received the PFRDA Certificate of Appointment as NPS sponsor on October 1, 2026, enabling it to manage pension funds under the National Pension System. Separately, the bank divested 76.90 lakh NSE shares via the NSE IPO/OFS for about ₹1,372.35 crore, with the transfer to escrow completed in early September and sale concluded by end‑September. Shares closed at ₹234.55–₹234.60 on October 7 (up ~0.8% on the day), with a market capitalisation near ₹1.20–₹1.21 lakh crore and a 52‑week range of ₹214.35–₹298.95.

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