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

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.

(With inputs from agencies.)