Analysts/Institutional Investor Meet/Con. Call Updates

BCC:ISD:118:16:569 04.11.2026 The Vice-President, The Vice-President, B S E Ltd., National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 BSE CODE-532134 CODE-BANKBARODA Madam/Dear Sir, Re: Disclosure under Regulation 46(2) of SEBI (LODR) We enclose transcript of Media Meet & Analyst Meet held on 30th October 2026 for Q2 (FY 2026-27) Financial Results. We request you to take note of the above pursuant to Regulation 46 of SEBI (LODR) Regulations, 2015 and upload the information on your website. Yours faithfully, S Balakumar Company Secretary बडौदा कॉप(cid:574)रेट स(cid:581)टर, सी-26, जी-(cid:222) लॉक, बा(cid:219)(cid:289)ा कुला (cid:91)कॉ(cid:224) (cid:220) ल(cid:200)े स, मुंबई 400 051, भारत. Baroda Corporate Centre, Bandra Kurla Complex, Mumbai 400 051, India फोन / Ph : 91 22 6698 5812 ई मेल / E Mail : companysecretary.bcc@bankofbaroda.bank.in वेब Web : www.bankofbaroda.bank.in Bank of Baroda Media Meet for Quarter and Half year ended 30th September 2026 30th October 2026 Participating members from the Management Team of the Bank ➢ Dr. Debadatta Chand, Managing Director & CEO ➢ Mr. Lalit Tyagi, Executive Director ➢ Mr. Sanjay Vinayak Mudaliar, Executive Director ➢ Mr. Lal Singh, Executive Director ➢ Ms. Beena Vaheed, Executive Director ➢ Mr. I V L Sridhar, Chief Financial Officer (CFO) Page 1 of 16 Moderator: Good afternoon everyone and welcome to Bank of Baroda’s Media Conference for its financial results for the quarter ended September 30, 2026. Thank you all for joining us. We have with us today our MD and CEO Dr. Debadatta Chand. He is joined by the Bank’s Executive Directors and our CFO. We will start with introductions, then we have a short PPT followed by opening remarks by Dr. Chand and then the Q&A session. Chand sir, over to you. Dr. Debadatta Chand: Good evening all my media friends. Again, thanks all of you for joining on this call. And as we are going to discuss the quarter ending September 2026, the results both on balance sheet and on the financial. Let me introduce the management team. I am D. Chand. I am the MD and CEO of Bank of Baroda. With me I have the Executive Directors. Mr. Lalit Tyagi is the Executive Director. He looks after the Corporate credit, International and Treasury function of the Bank. Then we have Mr. Sanjay Mudaliar. He is the Executive Director who looks after IT and the Retail assets and a couple of other functions. We have Mr. Lal Singh. He is Executive Director. He looks after the Recovery, the HR and also the Agri and MSME vertical of the Bank. And we have Madam Beena Vaheed. She looks after Compliance and control function including the Finance function, the CFO desk and also the Retail liabilities function of the Bank. And as you know, we have Mr. I V L Sridhar. He is the CFO of the Bank. With this now, I will hand it over to Mr. Sridhar to run through the presentation and then I will have my opening comments and then we will proceed. I V L Sridhar: Thank you, MD sir. Good evening everyone. It is my privilege to present before you the financial highlights of the Bank of Baroda for the quarter and half year ended 30th September 2026. At the end of Q2 FY27, the Bank’s global business has crossed the milestone of INR 32 lakh crore and stands at INR 32.58 lakh crore, registering a YoY growth of 17.2 %. Our global advances have grown by 18.3% YoY, with domestic advances growing by 13.5% and international advances growing by 39.7%. Within the advances book, the Bank has continued to focus on RAM advances. Our organic retail book grew by 18.6%, agricultural loans by 19% and organic MSME by 21.3%. Corporate loans have grown by 6.3% YoY. Within the retail segment, we have seen a smart growth across the portfolio with auto loans growing by 27.8% YoY, mortgage loans by 20.3%, home loans by 14.6%, education loans by 9.9% and personal loans by 6.8%. In terms of the deposit growth, our total deposits have grown by 16.4% YoY, with international deposits growing by 14.9% and domestic deposits by 16.6% YoY. The domestic CASA deposits have grown by 10.4% and term deposits have registered a growth of 20.5% YoY. As of 30th September 2026, the Bank’s domestic credit deposit ratio has reduced by 323 bps and stands at 80.08%. Bank’s domestic CASA ratio stands at 36.37%. With regard to our quarterly profitability metrics, our operating profit for the quarter stands at INR 11,430 crores, registering a growth of 50.9% YoY. This is the highest ever operating profit posted by the Bank. Our net profit for the quarter grew by 35.8% YoY and stands at INR 6,532 crores. Again, this is the highest ever quarterly profit posted by the Bank. Return on assets stands at 1.26%, improving by 19 bps YoY. Return on equity stands at 19.28% for Q2 FY27, increasing by 363 bps YoY. Page 2 of 16 In terms of the profitability for the half year, our operating profit stands at INR 19,557 crores, registering a growth of 23.7% YoY. Our net profit stands at INR 7,810 crores for the half year ended 2027. Return on assets stands at 75 bps for the half year. Return on equity stands at 11.63% for the half year. With regard to key ratios, our Yield on Advances increased by 4 bps sequentially and stands at 7.41 % for the quarter. It stands at 7.39 % for the half year. Bank’s Cost of Deposits for the quarter stands at 4.71%. It stands at 4.68% for the half year. Our Net Interest Margin stands at 2.74% for the quarter and 2.76% for the half year. Now, we come to the asset quality of the Bank which remains robust. Our gross NPA ratio improved by 38 bps YoY and stands at 1.78%. Net NPA ratio also reduced by 20 bps YoY and stands at 37 bps. Bank’s balance sheet continues to be robust with the healthy Provision Coverage Ratio (PCR). PCR with technical write-offs improved by 144 bps to 94.65%. Our slippage ratio for Q2 FY2027 has reduced by 22 bps YoY and stands at 69 bps. It has also reduced by 23 bps YoY for half year and stands at 0.67%. The bank has made prudent provisioning to strengthen the balance sheet. Therefore, the credit cost for the second quarter stands at 55 bps. The credit cost for the first half stands at 42 bps. The credit cost without the prudential provision would have been 18 bps. Coming to our SMA and collection efficiency, our CRILC SMA 1 and 2 percentage of our standard advances reduced to 0.06% as of September ‘26 as against 0.39 % for September ‘25. Our collection efficiency excluding agriculture remains robust at 99.2 %. In terms of our capital adequacy, our capital position continues to be strong with CET-1 at 14.20%, Tier-1 at 14.70% and overall CRAR at 16.61%. Our quarterly average LCR remains healthy at approximately 133.6%. Over to Phiroza. Thank you. Moderator: Thank you, sir. Chand sir. Dr. Debadatta Chand: Okay. So, once again, thank you all of you and let me, based on the PPT presented by the CFO, make some specific qualitative comments on the financials. As you know, the Bank had a very strong quarter. I think this is one of the quarters where both on the deposit advances, we are possibly seeing, I mean, the same kind of a growth possibly in June 2023. So, almost more than 3 years possibly, we are getting a similar number of growth both on deposit and advances. As the CFO said, the global advances growth was 18.3%. The global deposit was 16.4%. So, this quarter, as you know, there was a specific scheme of FCNR and you will be interested to know the impact of FCNR both on the business, both on the deposit and advances. Even although there would have been a normal accretion during this time, but excluding that also, the Bank, suppose you exclude the FCNR on the impact both on deposit and advances, the global deposit growth was at 11.2% and the advances growth was at 13.5%, which is precisely in line with the guidance that we had given 10 to 12% for deposits and 12 to 14% for advances, excluding, I mean, the FCNR that we got a very s [Showing first 8,000 characters — download PDF for full document]