Bank of Baroda’s overseas advances rose 39.7% in the year to Sept. 30; Mint separately reported the lender is weighing a broader international banking strategy.
International advances reached ₹324,504 crore as of Sept. 30, 2026, while deposits grew 14.9% to ₹261,915 crore, according to the bank’s Q2 FY27 results. Global business totaled ₹3,257,883 crore. Across the bank’s global operations, advances increased 18.3% and deposits rose 16.4%.
The lender’s overseas network included 35 branches or offices in overseas territories and 45 branches of overseas subsidiaries as of Sept. 30, according to its branch information.
Managing Director and CEO Debadatta Chand told Mint that the bank is assessing wholesale banking services for developed economies and retail banking for emerging markets. He said it would select markets after assessments and required approvals. The interview did not name destinations or provide a launch timetable.
Bank of Baroda’s FY26 annual report says its international business serves Indian corporates, India-linked cross-border trade and nonresident Indians. It also describes steps to control overseas risk by trimming low-yield assets and improving profitability.
The bank’s global net interest margin was 2.74% in Q2 FY27, and it retained FY27 guidance of 2.75% to 2.95%. At the analyst call, Chand said 38% of the loan book is linked to the repo rate; he expected September’s corporate loan repricing to have its full effect in the December quarter. He also said he expected margins to improve in that quarter.
The Reserve Bank of India (RBI) raised its policy repo rate by 25 basis points to 5.50% on Oct. 7. Bank of Baroda’s standalone net profit rose 35.8% year over year in Q2 FY27, according to its results release; EconoTimes previously covered the bank’s quarterly results. The RBI’s next policy meeting is scheduled for Dec. 2-4.
