Bank Of Baroda April-June: Strong Loan Growth, Retail Drives Domestic Advances

Bank of Baroda’s domestic advances rose 12.5% on year to ₹9.92 trillion as of June 30, led by a 17% growth in retail loans to ₹2.61 trillion.

Global advances grew 12.6% to ₹12.07 trillion. Domestic deposits rose a little over 8% to ₹12.04 trillion, while global deposits rose 9.1% to ₹14.36 trillion.

The bank’s global business stood at ₹26.43 trillion, up nearly 11% on year.