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Bank of Baroda's net profit rose 4.5% year-on-year to ₹5,055 crore in Q3 FY26, fueled by deposit and loan growth and lower provisions.
Bank of Baroda reported a 4.5% year-on-year increase in standalone net profit to ₹5,055 crore for the third quarter of fiscal year 2026, driven by higher deposits, loan growth, and a 40% drop in provisions.
Deposits rose 10.3% to ₹15.47 lakh crore, and advances grew 14.7% to ₹13.45 lakh crore, with strong performance in retail, agriculture, and MSME segments.
Despite a decline in net interest margin to 2.79%, net interest income remained nearly flat.
Asset quality improved, with gross NPA ratio falling to 2.04% and net NPA at 0.57%.
The bank approved raising up to ₹15,000 crore in long-term bonds for infrastructure and green projects.
El beneficio neto de Bank of Baroda aumentó un 4,5% interanual a ₹ 5,055 crore en el tercer trimestre del año fiscal 26, impulsado por el crecimiento de depósitos y préstamos y menores provisiones.