Bank of Baroda (BOB) established in 1908 is one of India’s leading public sector banks. It provides a wide range of banking and financial services.
From many years it has grown in India and abroad strengthening its position in global banking.
| Foundation Year | 1908 | Headquarters | Vadodara, Gujarat, India |
| Market Cap | ₹1.2 trillion (as of March 2025) | Net Worth | ₹17.91 trillion (as of 2024) |
Financial Performance and Net worth
As of the end of 2024 Bank Of Baroda’s consolidated bank balance sheet stood at RS 18.91 trillion marking an 11.5% increase from the previous year. The growth underscores the bank’s good financial health and its strategic initiatives to enhance its asset base.
In the 3rd quarter of financial year 2024-25 BOB reported a net profit of RS4837 crore around a 6% yoy (Year on Year) increase. The upstick was driven by a 2.8% rise in net interest income (NII) which reached RS11417 crore during the same period. For the first 9 months of FY25 the bank’s net profit grew by 12.6% to RS14, 533 crore indicating consistent profitability. Furthermore in the second quarter of FY25 BOB’s net profit rose by 23% year on year to RS5238 crore.
Market Capitalization
As of March 2025 Bob has a market cap stands at around RS1.009 trillion. This figure proves the bank’s strong financial performance, investor confidence, and its strategic initiative aimed at growth and expansion.
Strategy and Future Outlook
Bank of Baroda has many ambitious plans to further strengthen its market position. The bank aims to double its balance sheets within next 5 years increasing its market share and cutting costs. To achieve this goal BOB plans to open 500 new branches over the next 2 years. It is planning to target micro markets to enhance deposit mobilization and loan disbursement.
The bank also seeks to accelerate loan growth to 13-15% in the fiscal year 2025-26 from 11-13% expected in 24-25.
In terms of asset quality BOB has demonstrated significant improvement. The gross NPA also dropped to 2.5% in Q2 in FY25 from 3.3% a year earlier. Similarly the net NPA also decreased to 0.6% from 0.76% year on year indicating effective risk management and recovery strategies.
Overall, Bank of Baroda’s robust financial performance, strategic expansion plans and improved asset quality underscore its strong position in the banking sector. It focuses on growth and efficiency aiming to increase its market value and net worth.
