Bank of Baroda Q3 Scorecard: Strong Loan Growth, Lower Bad Loans

Bank of Baroda has declared the results for the December quarter (Q3 FY26), which are stable and good. Net profit has risen by 4.5% to ₹5,055 crore compared to ₹4,837 crore in the same period of the previous year. Net interest income has been almost flat at ₹11,800 crore compared to ₹11,786 crore in the same period of the previous year. This shows that interest earnings are flat and have not fallen.

The bank's loan recovery situation improved. Gross NPAs have reduced to 2.04% from the earlier level of 2.16%. Net NPAs have also remained stable at 0.57%, which shows a decrease in the pressure of bad loans on the bank. Collection efficiency, excluding agriculture, was at 98.63% as of December 2025. This shows a high rate of recoveries. The provision coverage ratio in NCLT accounts was at 99.66%, which shows the bank has provided for almost all the losses.

The bank's global advances grew by 14.7%, while domestic loans increased by 13.6%. Notably, retail loans grew by 17.4%. Of these, mortgage loans grew 21%, auto loans 17.4%, home loans 16%, education loans 12.8%, and personal loans 12%.

In simple terms, the bank's profits increased, bad loans decreased, and loan growth accelerated. These three indicators indicate that Bank of Baroda's balance sheet remains strong. While interest earnings remained stable, asset quality and loan expansion supported the quarter.