Bank of Baroda FCNR(B) deposits climb to ₹1.03 lakh crore
In short
Bank of Baroda’s FCNR(B) deposits rose to ₹1.03 lakh crore as of September 2026. Its global deposits also increased 16.4% year on year to ₹17.45 lakh crore.
Domestic deposits rose 16.6%, helped by term deposits growing 20.5%. This matters because the bank’s funding base looks stronger, but the report does not say everything behind the jump.
What the reporting says
Bank of Baroda’s FCNR(B) deposits rose to ₹1.03 lakh crore as of September 2026, according to the reported bank update. The same summary says global deposits increased 16.4% year on year to ₹17.45 lakh crore, domestic deposits rose 16.6%, and term deposits grew 20.5%, alongside a 35.8% rise in standalone net profit for Q2 FY27. The immediate consequence is stronger deposit franchise momentum, while the reasons are only partly described.
Why it matters
Bank of Baroda reported FCNR(B) deposits of ₹1.03 lakh crore as of September 2026, alongside global deposits of ₹17.45 lakh crore, up 16.4% year on year. Domestic deposits rose 16.6%, with term deposits up 20.5%, and standalone net profit increased 35.8% in Q2 FY27. The reporting indicates strong deposit growth and better profitability, but it does not fully explain the drivers behind the FCNR(B) surge.