State-run Bank of Baroda (BoB) on Thursday announced a credit growth of 12.8%, with total advances reaching Rs 12.3 lakh crore for the quarter ended March 2025, up from Rs 10.9 lakh crore a year earlier. The bank also reported a 10.25% rise in total deposits, which stood at Rs 14.7 lakh crore as compared to Rs 13.35 lakh crore at the end of March 2024. Consequently, the bank’s total business rose 11.4% year-on-year to Rs 27.03 lakh crore.
Meanwhile, Bank of India posted a 13.59% growth in advances, reaching Rs 6.65 lakh crore in Q4 FY25, up from Rs 5.85 lakh crore in the same quarter last year. The lender’s deposits increased 10.65% to Rs 8.16 lakh crore from Rs 7.37 lakh crore in the previous year.
IDBI Bank, which is majority-owned by LIC, reported a 16% jump in advances, touching Rs 2.18 lakh crore, compared to Rs 1.88 lakh crore in the corresponding quarter of FY24. Deposits at the bank grew 12% to Rs 3.10 lakh crore, up from Rs 2.77 lakh crore a year ago.
