Bank of Baroda business grew 17.45% year-on-year to Rs 32.64 trillion as of September 30, 2026, according to its October 3 BSE filing containing provisional business figures for Q2. The bank reported growth in both global advances and deposits, with advances expanding at a faster annual pace.

The detailed statement put global business at Rs 32,63,697 crore, compared with Rs 27,78,859 crore a year earlier and Rs 30,78,366 crore at March 31, 2026. The September figures provide a business-volume snapshot covering the bank’s global operations and selected domestic lending and deposit categories.

Global advances rose 18.27% year-on-year to Rs 15,12,435 crore, or about Rs 15.12 trillion. This compared with Rs 12,78,847 crore at September 30, 2025, and Rs 14,29,879 crore at the end of March 2026.

Deposits and domestic lending expand

Global deposits increased 16.75% year-on-year to Rs 17,51,262 crore, equivalent to about Rs 17.51 trillion. Deposits stood at Rs 15,00,012 crore a year earlier and Rs 16,48,487 crore at March 31, 2026.

The domestic business figures showed growth across the three categories disclosed:

  • Domestic deposits rose 17.01% to Rs 14,88,390 crore from Rs 12,71,992 crore a year earlier.
  • Domestic advances increased 13.51% to Rs 11,87,931 crore from Rs 10,46,506 crore.
  • Domestic retail advances grew 18.67% to Rs 3,24,102 crore from Rs 2,73,116 crore, excluding pool purchases.

Domestic retail advances therefore grew faster than overall domestic advances on an annual basis. Domestic deposit growth also exceeded the growth rate reported for global deposits.

September figures remain provisional

At March 31, 2026, domestic deposits were Rs 14,01,290 crore, domestic advances were Rs 11,69,458 crore and domestic retail advances were Rs 3,02,598 crore. Each of these categories stood above its March level in the September disclosure.

Bank of Baroda identified the September 2026 numbers as provisional and subject to audit or review by its statutory central auditors. The comparative September 2025 figures were reviewed, while the March 2026 figures were audited. The disclosure covers business volumes rather than quarterly earnings.