Bank of Baroda Aims for 10% Corporate Book Growth by FY27

State-owned Bank of Baroda targets a 10% growth in its corporate book by FY27. The bank plans strategic lending to sectors like renewable power, steel, and cement, while adjusting its corporate portfolio to improve net interest margins. The current loan pipeline stands at Rs 50,000 crore.

State-owned Bank of Baroda is on track to grow its corporate book by 10% in FY27, eyeing sectors like renewable power and core industries for high-ticket lending.

The bank's managing director, Debadatta Chand, highlighted a Rs 50,000 crore loan pipeline with substantial ongoing discussions on term and working capital loans.

To optimize net interest margins, the bank will focus on realigning its portfolio toward external benchmark-based lending rates, supported by initiatives to maintain asset quality and manage liability needs.