Bank of Baroda Presents ₹2,811 Crore Dividend to Finance Minister After Record FY26 Performance
Public sector lender reports highest-ever annual profit of ₹20,021 crore, with global business crossing ₹30 lakh crore
Finance Minister Nirmala Sitharaman receives a dividend cheque of ₹2,811 crore for FY2025-26 from Dr. Debadatta Chand, Managing Director & CEO, Bank of Baroda, in New Delhi. Also present are Sanjay Lohiya, Secretary, Department of Financial Services (DFS), and Bank of Baroda Executive Directors Lalit Tyagi, Sanjay Mudaliar, Lal Singh and Beena Vaheed.
MUMBAI: State-owned Bank of Baroda (BoB) on Monday presented a dividend cheque of ₹2,811 crore to Union Finance and Corporate Affairs Minister Nirmala Sitharaman for the financial year 2025-26, following a record year in which the bank posted its highest-ever annual profit.
The dividend cheque was handed over by Dr Debadatta Chand, Managing Director & CEO, Bank of Baroda, in the presence of Sanjay Lohiya, Secretary, Department of Financial Services (DFS), along with the bank’s Executive Directors Lalit Tyagi, Sanjay Mudaliar, Lal Singh and Beena Vaheed.
For FY2025-26, Bank of Baroda declared a dividend of ₹8.50 per equity share, equivalent to 425 per cent of the face value of ₹2 per share, reflecting its strong financial performance and continued focus on creating long-term value for shareholders.
The dividend announcement follows a landmark financial year for the public sector lender, which reported a standalone net profit of ₹20,021 crore, becoming the latest public sector bank to cross the ₹20,000 crore annual profit milestone.
The bank also achieved another significant milestone with its global business surpassing ₹30 lakh crore as of March 31, 2026, highlighting continued growth across both domestic and international operations.
The strong financial performance comes amid sustained improvement in the balance sheets of India’s public sector banks, supported by healthier asset quality, steady credit growth, improved recoveries and higher operational efficiency.
Founded in 1908, Bank of Baroda is one of India’s largest public sector banks, with the Government of India holding a 63.97 per cent stake. The bank serves more than 180 million customers through nearly 65,000 customer touchpoints across 15 countries, supported by an expanding portfolio of digital banking services.
The dividend payout underscores the continued strengthening of India’s public sector banking sector, which has witnessed record profitability over the past few years, enabling higher returns to the Government of India while supporting economic growth through increased lending to businesses, infrastructure and retail customers.
