Bank of Baroda — Q1FY27 earnings call summary

Filed 30 July 2026 · Official transcript

Guidance: credit growth 12-14%, deposit growth 10-12%, NIM 2.75-2.95%, credit cost <0.6%, slippage 1-1.25%
Core NIM at 2.77%, domestic NIM 2.93%, margin guidance maintained
Q1 FY27 global business at INR 30.5 lakh crore, +15.4% YoY; advances +17.4% YoY
FCNR(B) mobilization at USD 700 million, target USD 4-5 billion; dollar bond issuance planned
AI used to repurpose workforce; hiring ~7,000 in FY27
Asset quality robust: GNPA 1.99%, Net NPA 0.50%, credit cost 0.29%, slippage 0.91%
ECL migration impact ~110 bps on CRAR (INR 12,000 Cr), spread over years; credit cost impact 15-20 bps
Bank remains well-capitalized and focused on governance, risk management, and compliance