Bank of Baroda (BoB) witnessed a notable rise in its share price after releasing an impressive Q4 business update for the financial year 2024-25. The state-owned lender reported robust growth in both advances and deposits, reflecting its strong financial performance and strategic initiatives.
The bank’s global business grew by 11.44% year-on-year (YoY), reaching ₹27.03 lakh crore as of March 31, 2025. Global advances surged by 12.88% YoY to ₹12.31 lakh crore, driven by increased credit demand and the bank’s efforts to expand its lending portfolio. Domestic advances outpaced global growth, rising 13.70% YoY to ₹10.21 lakh crore, while domestic retail advances (excluding pool purchases) recorded an impressive 19.38% YoY growth to ₹2.56 lakh crore.
On the liabilities side, global deposits increased by 10.25% YoY to ₹14.72 lakh crore, with domestic deposits contributing significantly, growing 9.28% YoY to ₹12.42 lakh crore. This steady deposit growth underscores strong investor confidence in the bank’s financial stability and competitive offerings.
Following the announcement, Bank of Baroda’s stock gained momentum, climbing 3% in intraday trading to touch ₹238.45 before closing 2.25% higher at ₹236.70. The stock’s recent recovery, including a 16% rally in March, highlights renewed investor interest after months of market volatility.
Bank of Baroda’s Q4 performance reaffirms its position as a key player in India’s banking sector, with a focus on sustainable growth and customer-centric strategies. Stay tuned for further updates on the bank’s financial journey and market performance.
