Slippage ratio for Q2FY26 declined by 16 bps YoY and 25 bps QoQ to 0.91%. It stands at 0.90% for H1FY26
FinTech BizNews Service
Mumbai, October 31, 2025: Bank of Baroda today announced Financial Results for the Quarter and Half Year ended 30th September 2025.
The Bank delivered resilient business growth and profitability with improved asset quality under the leadership of Dr. Debadatta Chand, Managing Director & Chief Executive Officer, Bank of Baroda.
Highlights
Bank reported a Net Profit of INR 4,809 crore for Q2FY26 up by 5.9% QoQ. Net Profit for H1FY26 stands at INR 9,351 crore
Operating Profit for the quarter stands at INR 7,576 crore and at INR 15,812 crore for H1FY26.
Net Interest Income for the quarter stands at INR 11,954 crore up by 4.5% QoQ. It stands at INR
23,388 crore for H1FY26.
Non-Interest Income for the quarter stands at INR 3,515 crore. It stands at INR 8,189 crore for the half year, registering a growth of 7% YoY.
Operating expenses remain contained sequentially and stands at INR 7,893 crore (+7.7% YoY) for the quarter and at INR 15,765 crore for H1FY26.
Return on Assets (ROA) remains consistently above 1% and it stands at 1.07% for Q2FY26 and
1.04% for H1FY26.
Return on Equity (ROE) stands at 15.37% for Q2FY26 up by 32 bps QoQ. It stands at 14.95% for
H1FY26
Cost of deposits for the quarter stands at 4.91%, a reduction of 21 bps YoY and 14 bps QoQ.
Global Net Interest Margin (NIM) for Q2FY26 improves by 5 bps sequentially and stands at
2.96%. It stands at 2.93% for H1FY26.
Domestic Net Interest Margin (NIM) stands at 3.10% for the quarter, an improvement of 4 bps
QoQ. It stands at 3.08% for H1FY26.
Bank continues to maintain strong Asset quality with reduction in GNPA by 34 bps YoY to
2.16% in Q2FY26. Bank’s NNPA also reduced by 3 bps YoY and stands at 0.57% in Q2FY26.
BOB’s balance sheet remains robust with healthy Provision Coverage Ratio (PCR) of 93.21%
with TWO & at 74.13% without TWO.
Slippage ratio for Q2FY26 declined by 16 bps YoY and 25 bps QoQ to 0.91%. It stands at 0.90%
for H1FY26
Credit cost remains below 0.75% at 0.29% for Q2FY26 and 0.42% for H1FY26.
BOB’s Global Advances registered a growth of 11.9% YoY and Domestic advances grew by
11.5% in Q2FY26 led by robust retail loan book growth.
Bank’s organic Retail Advances grew by 17.6%, driven by strong growth across segments such
as Mortgage Loan (19.8%), Auto Loan (17.7%), Home Loan (16.5%), Education Loan (14.0%) and
Personal Loan (18.6%).
Share of Retail, Agri Loans and MSME loans (RAM) in advances improved by 310 bps YoY to
61.7%. RAM portfolio grew by 17.4% in Q2FY26.
Profitability
Net Profit for Q2FY26 stands at INR 4,809 crore and it stands at INR 9,351 crore for
H1FY26.
Net Interest Income for Q2FY26 stands at INR 11,954 crore (+2.7% YoY) and at INR
23,388 crore for H1FY26.
Non-Interest Income for Q2FY26 stands at INR 3,515 crore. Non-Interest Income for
H1FY26 grew by 7.0% YoY and stands at INR 8,189 crore.
Global Net Interest Margin (NIM) for Q2FY26 improves by 5 bps sequentially and stands
at 2.96%. It stands at 2.93% for H1FY26.
Domestic Net Interest Margin (NIM) stands at 3.10% for the quarter, an improvement of 4
bps QoQ. It stands at 3.08% for H1FY26.
Operating Profit for the quarter stands at INR 7,576 crore and at INR 15,812 crore for
H1FY26.
Return on Assets (ROA) remains consistently above 1% and stands at 1.07% for
Q2FY26 and 1.04% for H1FY26.
Return on Equity (ROE) stands at 15.37% for Q2FY26 and at 14.95% for H1FY26
Asset Quality
Gross NPA Ratio improved to 2.16% in Q2FY26 from 2.50% in Q2FY25.
The Net NPA Ratio of the Bank reduced by 3 bps YoY and stands at 0.57% in Q2FY26.
BOB’s balance sheet remains robust with healthy Provision Coverage Ratio (PCR) of
93.21% with TWO & at 74.13% without TWO.
Slippage ratio for Q2FY26 declined by 16 bps YoY and 25 bps QoQ to 0.91%. It stands at
0.90% for H1FY26.
Credit cost remains below 0.75% at 0.29% for Q2FY26 and 0.42% for H1FY26.
Capital Adequacy
CRAR of the Bank stands at 16.54% in Sep’25. Tier-I stood at 14.15% (CET-1 at 13.36%,
AT1 at 0.79%) and Tier-II stood at 2.39% as of Sep’25.
The CRAR and CET-1 of consolidated entity stands at 16.97% and 13.88% respectively.
The Liquidity Coverage Ratio (LCR) consolidated stands at 121% (approx.).
Business Performance
Domestic Advances of the Bank increased to INR 10,46,506 crore, +11.5% YoY.
Global Advances of the Bank increased to INR 12,78,847 crore, +11.9% YoY.
Domestic Deposits increased by 9.7% YoY to INR 12,71,992 crore in Sep’25.
Global Deposits increased by 9.3% YoY to INR 15,00,012 crore.
Domestic CASA deposits registered a growth of 6.6% YoY and stands at INR 4,88,660
crore as of 30 th September 2025.
International Deposits grew by 7.2% on a YoY basis to INR 2,28,020 crore in Sep’25.
Organic Retail Advances grew by 17.6%, led by strong growth across segments such as
Mortgage Loan (19.8%), Auto Loan (17.7%), Home Loan (16.5%), Education Loan
(14.0%) and Personal Loan (18.6%) on a YoY basis.
Agriculture loan portfolio grew by 17.4% YoY to INR 1,69,703 crore.
Organic MSME portfolio grew by 13.9% YoY to INR 1,44,401 crore.
Corporate advances registered a growth of 3.0% YoY and stands at INR 4,00,682 crore.
