Bank of Baroda - business update

Bank of Baroda (BoB) - business update -

1) Bank of Baroda Q1 update: Global business grows 11% YoY to Rs 26.43 lakh crore 2) State lender Bank of Baroda reported an 11% year-on-year growth in its global business to Rs 26.43 lakh crore in the quarter ended June 30, 2025, versus Rs 23.87 lakh crore in the year-ago period. 3) Its global advances grew by 13% YoY to Rs 12.07 lakh crore as on June 30, 2025 versus Rs 10.71 lakh crore in Q1FY25. Meanwhile, global deposits of the bank grew by over 9% YoY to Rs 14.36 trillion in the quarter under review as against Rs 13.15 lakh crore in the corresponding quarter of the last financial year. 4) BoB's domestic advances stood at Rs 9.91 lakh crore as of June 30, 2025, up from Rs 8.81 lakh crore a year ago, witnessing a growth of 12.45%. As for domestic deposits, the numbers stood at Rs 12.04 crore in Q1FY26, compared to Rs 11.14 crore in the year ago period, recording a 8.10% YoY uptick. 5) Domestic retail advances were reported at Rs 2.61 lakh crore as of June 30, 2025, rising from Rs 2.22 crore a year ago. This was a 17.41% YoY. 6) Updates are positive from the bank 7) Although, this is not a buy/sell recommendation. This is for information only. Thank you, Technofunda24