Bank of Baroda’s FCNR(B) deposits surge nearly sixfold to Rs 1.03 lakh crore

Bank of Baroda’s Foreign Currency Non-Resident (FCNR-B) deposits surged nearly sixfold year-on-year to ₹1.03 lakh crore as of September 2026, compared with Rs 17,870 crore in the year-ago period, according to the exchange filing.

The deposits stood at Rs 29,090 crore at the end of June 2026, indicating a sharp increase over the following three months.

Of the total FCNR(B) deposits, Rs 77,270 crore came from the bank’s BOB Legend FCNR(B) deposits, the presentation showed.


The sharp increase came alongside growth in the bank’s overall deposit base. Bank of Baroda’s global deposits rose 16.4% year-on-year to Rs 17.45 lakh crore as of September 30, 2026, from ₹15 lakh crore a year earlier.

Domestic deposits grew 16.6% to Rs 14.84 lakh crore, while international deposits increased 14.9% to Rs 2.62 lakh crore.

Within domestic deposits, term deposits rose 20.5% year-on-year to Rs 9.44 lakh crore. Retail term deposits increased 7.6% to Rs 5.45 lakh crore, while bulk deposits grew 14.5% to Rs 2.96 lakh crore.

The bank’s domestic CASA ratio, meanwhile, stood at 36.37% in September 2026, down 205 basis points from 38.42% a year earlier.

Bank of Baroda reported a 35.8% year-on-year (YoY) increase in standalone net profit at Rs 6,532 crore in Q2FY27, compared with Rs 4,809 cr crore in the corresponding quarter of the previous fiscal year.