Bank of Baroda · NSE:BANKBARODA
Bank of Baroda — Q2 FY27 Earnings Presentation
47 slides from Bank of Baroda's earnings presentation, Oct 30, 2026
Slide 1: Investor Presentation filing letter to stock exchanges
BCC:ISD:118:16:563 30.10.2026 The Vice-President, The Vice-President, B S E Ltd., National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 BSE CODE-532134 CODE-BANKBARODA Madam/Dear Sir, Re: Bank o
Slide 2: Performance Analysis Q2FY27
Performance Analysis Q2FY27
Slide 3: Key Highlights
Key Highlights B Bank of Baroda India’s International Bank
Slide 4: Key Highlights
Key Highlights Business Details (INR crore) Key Performance Drivers Sep 30, 2025 Sep 30, 2026 YOY (%) Net Profit (INR crore) Net Interest Margin (%) Domestic Deposits 12,71,992 14,83,521 16.6 International Deposits 2,28,020 2,61,915 14.9 Global Deposits 15,00,012 17,45,435 16.4 20,021 2.96 2.89 Reta
Slide 5: Financial Performance
Bank of Baroda India’s International Bank Financial Performance
Slide 6: Key Ratios
Key Ratios Cost of Deposits Yield on Advances Net Interest Margin Domestic Domestic Domestic 5.07% 5.07% 8.31% 8.03% 8.24% 3.10% 3.04% 4.86% 4.91% 4.88% 7.91% 7.97% 2.93% 2.89% 2.91% Q2FY26 Q1FY27 Q2FY27 FY26 H1FY27 Q2FY26 Q1FY27 Q2FY27 FY26 H1FY27 Q2FY26 Q1FY27 Q2FY27 FY26 H1FY27 International Inte
Slide 7: Operating Performance
Operating Performance Particulars Q2 FY26 Q1 FY27 Q2 FY27 YOY (%) H1 FY26 H1 FY27 YOY (%) (INR crore) Interest on advances 23,505 25,524 26,754 13.8 47,141 52,278 10.9 Interest on investments 6,376 6,556 7,273 14.1 12,697 13,830 8.9 Other Interest income 1,630 1,131 1,057 -35.1 2,765 2,188 -20.9 Tot
Slide 8: Non-Interest Income
Non-Interest Income Particulars Q2 FY26 Q1 FY27 Q2 FY27 YOY (%) H1 FY26 H1 FY27 YOY (%) (INR crore) Commission, Exchange, Brokerage 807 392 756 -6.3 1,545 1,148 -25.7 Incidental Charges 336 296 245 -27.1 685 541 -21.0 Forex Income 49 54 60 21.5 96 113 17.9 Other Miscellaneous Income 598 549 577 -3.5
Slide 9: Operating Expenses
Operating Expenses Particulars Q2 FY26 Q1 FY27 Q2 FY27 YOY (%) H1 FY26 H1 FY27 YOY (%) (INR crore) Employee Cost 4,061 4,247 4,583 12.8 8,368 8,830 5.5 of which: Salaries 3,299 3,568 3,698 12.1 6,618 7,265 9.8 Provisions for employees 762 679 885 16.1 1,750 1,564 -10.6 Other Operating Expenses 3,832
Slide 10: Profit Position
Profit Position Particulars Q2 FY26 Q1 FY27 Q2 FY27 YOY (%) H1 FY26 H1 FY27 YOY (%) (INR crore) Operating Profit 7,576 8,127 11,430 50.9 15,812 19,557 23.7 Total Provisions 1,232 6,323 2,382 93.3 3,199 8,705 -- of which: 883 1,043 1,935 -- 2,569 2,978 15.9 Provision for NPA & Bad Debts Written-off P
Slide 11: Business Performance
Ny FOUNDATION YEAR LEADING WITH TRUST Business Performance V5 Bank of Baroda India’s International Bank 10
Slide 12: Deposits
Deposits Particulars % share in Domestic Deposits in Sep’26 Sep’25 Sep’26 YOY (%) Jun’26 Sep’26 QOQ (%) (INR crore) Domestic CASA Deposits 4,88,660 5,39,515 10.4 5,21,149 5,39,515 3.5 Savings Deposits Domestic Saving 30% 4,08,348 4,47,428 9.6 4,38,643 4,47,428 2.0 Deposits Domestic Current 80,312 92
Slide 13: Advances
Advances Particulars Sep’25 Sep’26 YOY (%) Jun’26 Sep’26 QOQ (%) (INR crore) % share in Gross Domestic Credit in Sep’26 Retail* 2,73,116 3,24,040 18.6 3,09,674 3,24,040 4.6 Agriculture 17.0% Home Loans* 1,38,917 1,59,255 14.6 1,53,285 1,59,255 3.9 Auto Loans* 49,559 63,324 27.8 59,436 63,324 6.5 Mor
Slide 14: Industry-wise Outstanding
Industry-wise Outstanding Sep’25 Sep’26 Rating Profile Particulars (INR crore) Outstanding Share (%) Outstanding Share (%) Infrastructure of which 1,14,408 10.9 1,06,696 9.0 1. Power 63,549 6.1 73,241 6.2 2. Telecom 6,442 0.6 4,760 0.4 3. Roads & Ports 34,384 3.3 16,163 1.4 4. Other Infrastructure 1
Slide 15: Segment wise breakup & Ratings of NBFC
Segment wise breakup & Ratings of NBFC Standard Outstanding Domestic Advances NBFC Portfolio by Ownership Rating Profile of NBFCs Standard Outstanding (Domestic Advances) Particulars Jun’26 Sep’26 Outstanding Outstanding 13% 13% % Share % Share (INR crore) (INR crore) Pvt others AAA 1,07,917 71.25 1
Slide 16: Treasury Operations
Treasury Operations Particulars (INR crore) Sep’25 Jun’26 Sep’26 • Domestic investment book comprises of 74% in HTM; 14% in AFS; Domestic Investments 3,72,290 3,94,078 4,34,634 10% in FVTPL and 2% in Subsidiaries / Joint Ventures and RRB’S • The percentage of Investments in SLR Securities to NDTL as
Slide 17: Financial Inclusion
Financial Inclusion Total Financial Inclusion Accounts Balance /Avg Balance in FI accounts Zero Balance Accounts (%) (in Lakh) 748 4.80% 4.85% 4.77% 48,801 49,744 741 43,729 731 Sep'25 Jun'26 Sep'26 5,982 6,586 6,651 Market Share* of BOB in PMJDY Accounts (%) Sep'25 Jun'26 Sep'26 14.92% 14.79% 14.79
Slide 18: Priority Sector Performance & Govt. Flagship Schemes
Priority Sector Performance & Govt. Flagship Schemes As on 30th Sep 2026 (YTD) ➢ Total Priority (42.58% of ANBC against norm of 40%) No. of Amt. in A/c Crore Mandated ➢ Agriculture (PS) Advances (18.33% of ANBC against norm of 18%) PM Vidyalaksh Norms under mi Scheme Sanctioned 2,948 357 ➢ Small & M
Slide 19: Asset Quality
Asset Quality V5 Bank of Baroda India’s International Bank
Slide 20: Strong Asset Quality
Strong Asset Quality Gross NPA & Net NPA Slippage Ratio & Credit Cost 2.50 1.00 0.91 0.89 0.91 2.16 0.86 0.90 2.04 1.99 1.89 2.00 0.80 1.78 0.69 0.70 1.50 0.60 0.50 1.00 0.76 0.40 0.30 0.57 0.57 0.55 0.45 0.50 0.37 0.50 0.20 0.29 0.29 0.17 0.10 - - Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Q2FY26 Q3FY26 Q4
Slide 21: Movement of NPAs
Movement of NPAs Particulars Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 (INR crore) A. Opening Balance 27,572 27,059 28,150 27,835 27,059 B. Additions 3,064 3,422 2,847 6,062 5,344 Out of which, Fresh Slippages 2,669 3,183 2,392 5,390 4,666 C. Reductions 3,036 2,330 4,101 6,297 5,506 Recovery 991 880 1
Slide 22: Sectoral & Industry wise Contribution of NPAs
Sectoral & Industry wise Contribution of NPAs Sector-wise NPA Industry-wise NPA Particulars (INR crore) Q2 FY26 Q1 FY27 Q2 FY27 Particulars (INR crore) Q2 FY26 Q1 FY27 Q2 FY27 Infrastructure of which 25 25 19 Corporate 1 34 38 1. Power 2 1 1 MSME 10,218 9,903 9,107 2. Telecom 1 1 0 3. Roads & Ports
Slide 23: Asset Quality: Sectoral Fresh Slippages
Asset Quality : Sectoral Fresh Slippages Fresh Slippages CRILC o/s SMA1 and SMA 2 (%) Particulars (INR crore) Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Corporate 1 0 5 1 5 MSME 986 1,298 839 1,875 1,755 0.39 Retail 833 870 676 1,535 1,231 Agriculture 834 993 840 1,438 1,634 0.07 0.06 Others 15 18 22 2
Slide 24: Exposure to NCLT Accounts
Exposure to NCLT Accounts 38,145 100% 100% 100% 99% 99% 28,186 4,130 3,512 2,316 RBI List 1 RBI List 2 Account filed Account filed Total RBI 1 List RBI 2 List Accounts Accounts Total by BOB by others filed by BOB filed by at NCLT others at Exposure in INR Crore Provision Coverage (%) NCLT Provision
Slide 25: Capital Adequacy
NY LEADING WITH TRUST Capital Adequacy V5 Bank of Baroda India’s International Bank 24
Slide 26: Capital Adequacy
Capital Adequacy 16.61% 17.01% 16.54% 15.82% 16.30% 15.29% 1.86% Tier II 2.39% 1.89% 1.91% 2.18% 0.50% 0.79% 2.19% 0.51% 0.50% AT-1 0.48% 0.65% CET-1 13.90% 14.20% 14.65% 13.36% 12.45% 13.16% Sep'25 Dec'25 Mar'26 Jun'26 Sep'26 Consol Sep'26 Particulars (INR crore) Sep’25 Jun’26 Sep’26 Sep’26 (Consol
Slide 27: Sustainability Initiatives
Sustainability Initiatives 26
Slide 28: Sustainability Initiatives 1/5
Sustainability Initiatives….1/5 Sustainable & Social Loans Efficiency & Green Initiatives ➢ Bank has executed an MOU with KFW, a multilateral finance ➢ Till date -541- Bank’s Owned/Leased/RSETI premises (5.42 MW in agency, under the programme known as “Climate – friendly, total) are being run on Sol
Slide 29: Sustainability Initiatives 2/5
Sustainability Initiatives….2/5 Governance Frameworks ➢ Pioneer PSB with a stakeholder-centric ‘Code of Ethics’ resting on our Five Pillars We Barodians ➢ Version 2.0/2025 Launched 01st April 2025 Our Our Customers Communities ➢ Regular outreach programs, webinars, and workshops to promote ethics Ou
Slide 30: Sustainability Initiatives 3/5
Sustainability Initiatives….3/5 Achievements Initiatives Green Deposits Green Infrastructure Bonds ▪ Launched Carbon Calculator on the Akshay Urja ▪ Mobilized ₹ 2704.26 Cr. of Green Deposits Raised Long-Term Green Infrastructure Bonds on Diwas on August 20, 2026. [Outstanding ₹ 1934.15] till Septemb
Slide 31: Sustainability Initiatives 4/5
Sustainability Initiatives….4/5 Initiatives for ESG and Climate Risk Management Rationale of the Initiatives Strategy ▪ To disclose progress achieved in Bank's ESG ▪ Published Bank’s Business Responsibility and metrics and net-zero target by 2057 to the Sustainability Report (BRSR) for the year 2025
Slide 32: Sustainability Initiatives 5/5
Sustainability Initiatives….5/5 Observance of National Sports Day Organizing Inter Zonal Sports & Cultural Competition Under the aegis of the ‘Baroda Anubhuti’ Program, the Bank has commenced The Bank celebrated ‘National Sports Day’ with a vibrant series of the Inter Zonal Sports & Cultural Tournam
Slide 33: Digital Banking - Accelerating Digital Transformation
Digital Banking - Accelerating Digital Transformation 32
Slide 34: Leveraging Digital Infrastructure
Leveraging Digital Infrastructure 932.92 Cr YTD Sept ‘26 As of Sep’26 33
Slide 35: Building a Future-Ready Digital Bank
Building a Future- Ready Digital Bank Banking access on affordable feature phones for Financial inclusion
Slide 36: Accelerating Digital Growth 1/2
Accelerating Digital Growth….1/2 Channels & Products (Q2 FY’2025-26 vs Q2 FY’2026-27) Txn value Txn value 2,60,920 3,05,734 Txn value 84,502 1,01,877 in Rs Cr in Rs Cr in Rs Cr 1,364 1,528 42.79 359 138 341 5% 10% 126 141% 17.74 Q2 FY 25-26 Q2 FY 26-27 Q2 FY 25-26 Q2 FY 26-27 Q2 FY 25-26 Q2 FY 26-27
Slide 37: Accelerating Digital Growth 2/2
Accelerating Digital Growth….2/2 Merchant Ecosystem (Q2 FY’2025-26 vs Q2 FY’2026-27) Turnover Turnover 1731 2225 16,186 16009 in Rs Cr in Rs Cr 34.81 Point of Sale 0.68 22% UPI – QR 24 % 28.5 0.55 Q2 FY25-26 Q2 FY26-27 Q2 FY25-26 Q2 FY26-27 POS UPI – QR Number of Terminals (In Lacs) Number of QR Iss
Slide 38: Accelerating Digital Lending
Accelerating Digital Lending Total Digital Sanctions (Value in Cr.) Digital Retail Products : 14 7711 117% 3550 Retail Products Digital PL PLGS PL PL Auto Two- Integrated Education Retail Solar D-PAL Q2 FY 25-26 Q2 FY 26-27 Insta Subsequent Pension To RGE Balance PL for Gold Education Loan Gold Roof
Slide 39: Consolidated Financials
Consolidated Financials V5 Bank of Baroda India’s International Bank 38
Slide 40: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance Baroda BNP Paribas Asset Management India IndiaFirst Life Insurance Co. Ltd. (Holding – Pvt. Ltd. 64.86%) (Holding – 50.1%) ❑ IndiaFirst Life recorded New Business GWP of Rs. 1,116 crs for Q2 FY26-27 against Rs 777 crs in Q2 FY25-26. with YoY increase of ❑ AAUM (aver
Slide 41: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance Baroda Global Shared Services Limited Nainital Bank Limited (Holding – 100%) (Holding – 98.62%) ❑ Total Business increased to Rs 14375.84 crs in Q2 FY26-27 from Rs ❑ Revenue from Operations Increased by 31.55% YoY in Q2 FY2026-27. 12935.51 crs in Q2 FY25-26. YOY grow
Slide 42: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance India Infradebt Limited BOBCARD Limited (Joint Venture stake of 40.99%) (Holding – 100%) ❑ Number of active Cards stood at 34.92 lacs as on 30 Sep,2026 ❑ Total advances increased to Rs 32,257.43 crs in Q2 FY26-27 from Rs against 30.73 lacs as on 30 Sep 2025. YOY grow
Slide 43: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance BOB Capital Markets Limited BOB Securities & Giltedge Limited (Holding – 100%) (Newly Incorporated Subsidiary) ❑ Gross Revenue decreased to Rs 9.51 crs for Q2 FY26-27 from Rs ❑ BOB Securities & Giltedge Limited (BOBSGL) is a newly incorporated 11.08 crs as in Q2 FY25
Slide 44: Overseas Subsidiaries Performance
Overseas Subsidiaries Performance Bank of Baroda (Uganda) Ltd. Bank of Baroda (Kenya) Ltd. Bank of Baroda (Botswana) Ltd. (Subsidiary Holding – 80%) (Subsidiary Holding – 86.70%) (Subsidiary Holding – 100%) ❑ Total Deposits stands at INR 7,052.92 crore as ❑ Total Deposits stands at INR 11,777.21 cro
Slide 45: Balance Sheet and PL – Consolidated
Balance Sheet and PL– Consolidated Particulars Particulars Sep’25 Jun’26 Sep’26 Q2FY26 Q2FY27 YOY (%) (INR crore) (INR crore) CAPITAL & LIABILITIES Interest Income 33,318 37,021 11.1 Capital 1,036 1,036 1,036 Non Interest Income 5,116 8,763 71.3 Share Application Money Pending 0 0 0 Allotment Total
Slide 46: Disclaimer
Disclaimer The information contained in this presentation is provided by Bank of Baroda (the “Bank”) to you solely for your information. This document is highly confidential and being given solely for your use and may not be retained by you and neither this presentation nor any part thereof may be (
Slide 47: Thank You
Thank You V5 Bank of Baroda India’s International Bank