Stories

Bank of Baroda is looking at selling 76.9 lakh equity shares in the IPO, which will fetch it up to ₹1,272.7 crore based on the upper end of the price band. The weighted average cost of acquisition per equity share for the same is also ₹0.54.
C
CNBC TV18•03-10-2026, 19:19
Bank of Baroda's Global Business Soars 17.5% to ₹32.64 Lakh Crore in Q2
  • •Bank of Baroda reported a 17.45% year-on-year growth in its global business, reaching ₹32.64 lakh crore as of September 30, 2026.
  • •Global advances surged by 18.27% YoY to ₹15.12 lakh crore, while global deposits increased by 16.75% to ₹17.51 lakh crore.
  • •Domestic deposits rose 17.01% YoY to ₹14.88 lakh crore, and domestic advances grew 13.5% to ₹11.88 lakh crore.
  • •The bank concluded a $700 million senior unsecured fixed-rate notes issuance under its medium-term note (MTN) programme, with notes listed on Singapore Stock Exchange, India INX, and NSE-IX Exchange.
  • •Bank of Baroda has been appointed as a sponsor of a pension fund by PFRDA, marking its entry into the pension fund business as the second public sector bank to do so.

Key Questions Answered

Bank of Baroda reported a 17.45% year-on-year growth in its global business, reaching ₹32.64 lakh crore as of September 30, 2026. During this period, global advances grew by 18.27% to ₹15.12 lakh crore, while global deposits increased by 16.75% to ₹17.51 lakh crore.

Bank of Baroda concluded the issuance of $700 million in senior unsecured fixed-rate notes under its medium-term note programme on August 14, 2026. The issuance was structured through the bank's IFSC Banking Unit on August 20, 2026, and listed on the Singapore Stock Exchange, India INX, and NSE-IX Exchange in GIFT City.

The Pension Fund Regulatory and Development Authority (PFRDA) formally appointed Bank of Baroda as a sponsor of a pension fund on October 1, 2026. This appointment makes Bank of Baroda the second public sector bank to enter the pension fund business.