Archive · 25 Jul 2026
Bank of Baroda Optimistic Despite Cautious Credit Growth
Bank of Baroda is doing well but being careful about lending money because of uncertainties in the world and weather.
They have already collected $700 million from special deposits and aim to get $1 billion more.
They expect to lend more money than they initially planned, especially in areas like retail, agriculture, and small businesses.
They are also focusing on new areas like renewable energy and data centers.
The bank is setting up new teams for big deals and expects to start new businesses like pension funds soon.
Their main goals are to use more technology, improve their branches, and make the bank more efficient.
Bank of Baroda has mobilized $700 million through FCNR(B) deposits and aims to reach $1 billion by the end of the month.
Credit growth guidance is 12-14%, with deposit growth guidance at 10-12% due to geopolitical uncertainties and weak monsoon.
Key growth segments include retail, agriculture, MSME, renewable energy, and data centers.
Bank is evaluating proposals for M&A financing and has created a dedicated team for it.
ECLGS 5.0 sanctions target is Rs 12,000 crore, with Rs 11,000 crore already sanctioned.
- Who
- Bank of Baroda, Debadatta Chand
- What
- Discussion on FCNR(B) deposits, corporate lending, M&A financing, and Vision 2030
- When
- Current fiscal year
- Where
- Global presence, including UAE
- Why
- To assess geopolitical situation and monsoon progress before revising outlook
Cautious Growth Approach
Optimistic Growth Outlook
Credit Growth Guidance
Cautious Growth Approach
Adopted a cautious stance due to geopolitical uncertainties and weak monsoon.
Optimistic Growth Outlook
Expects to exceed 14% credit growth for the full year.
Deposit Growth
Cautious Growth Approach
Guided for 10-12% deposit growth.
Optimistic Growth Outlook
Targeting $4-5 billion in FCNR(B) deposits.
- FCNR(B) Deposits Mobilized
- $700 million
- FCNR(B) Deposits Target
- $1 billion by end of month
- Credit Growth Guidance
- 12-14%
- Deposit Growth Guidance
- 10-12%
- Renewable Energy Portfolio Growth
- Over 50% year-on-year
- Data Centre Financing Growth
- 30-40%
- ECLGS 5.0 Sanctions Target
- Rs 12,000 crore
- ECLGS 5.0 Sanctions Achieved
- Rs 11,000 crore