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Bank of Baroda reported healthy provisional business growth for Q1FY27

ICICIdirect Research 03 Jul 2026 DISCLAIMER

News: Bank of Baroda reported healthy provisional business growth for Q1FY27, with global advances rising to ₹14,17,372 crore, up 17.4% YoY (0.9% QoQ). Global deposits stood at ₹16,33,846 crore, registering a growth of 13.8% YoY (-0.9% QoQ). On the domestic front, advances increased to ₹11,51,383 crore, up 16.1% YoY (-1.5% QoQ), while deposits stood at ₹13,81,822 crore, up 14.7% YoY (-1.4% QoQ). Domestic retail advances continued to witness healthy traction at ₹3,09,725 crore, up 18.5% YoY (2.3% QoQ).

View: Credit growth compared to last year remained in line with system growth, however, sequential performance remained relatively weak. Margin trajectory and one-off impact related to settlement of litigation should limit near term upside.

Impact: Neutral

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