State-owned Bank of Baroda Ltd on Saturday (June 7) said it has reduced its Baroda Repo Linked Lending Rate (BRLLR) by 50 basis points to 8.15%, effective June 7, 2025, following a cut in the benchmark repo rate.
The bank said the revised BRLLR reflects a decrease in the RBI’s repo rate from 6.00% to 5.50%, while the mark-up component remains unchanged at 2.65%. This marks a corresponding reduction in the effective lending rate from 8.65% to 8.15%.
"Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Baroda Repo Based Lending Rate (BRLLR) has been changed w.e.f. 07.06.2025," according to a stock exchange filing.
Also Read: Bank of Baroda lowers mandatory positive pay limit in phases to ₹2 lakh
Yesterday, the Reserve Bank of India (RBI) slashed the repo rate by 50 basis points (bps) to 5.5%, while also cutting the Cash Reserve Ratio (CRR) by 100 bps to 3%. This marks a cumulative 100 bps reduction in the repo rate since February 2025, making it the most aggressive easing phase in recent years.
Fourth Quarter
Net profit for the period stood at ₹5,048 crore, a growth of 3.2% from the same quarter last year. The number was higher than the CNBC-TV18 poll of ₹4,801.7 crore. It must be noted that the profitability for the lender was aided by a higher other income component. Other income increased by 24% on a year-on-year basis to ₹5,210 crore.
Net Interest Income, or the bank's core income, declined by 6.6% from the year-ago quarter to ₹11,019 crore. A CNBC-TV18 poll had projected the figure at ₹11,678 crore. Gross NPA during the quarter stood at 2.26% from 2.43% last quarter, while net NPA stood at 0.58% from 0.59% in the December quarter.
Also Read: Bank of Baroda Q4 Update: Domestic advances grows over 13%, deposits rise nearly 10%
Shares of Bank of Baroda Ltd ended at ₹246.30, down by ₹4.30, or 1.72%, on the BSE.
The bank said the revised BRLLR reflects a decrease in the RBI’s repo rate from 6.00% to 5.50%, while the mark-up component remains unchanged at 2.65%. This marks a corresponding reduction in the effective lending rate from 8.65% to 8.15%.
"Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Baroda Repo Based Lending Rate (BRLLR) has been changed w.e.f. 07.06.2025," according to a stock exchange filing.
Also Read: Bank of Baroda lowers mandatory positive pay limit in phases to ₹2 lakh
Yesterday, the Reserve Bank of India (RBI) slashed the repo rate by 50 basis points (bps) to 5.5%, while also cutting the Cash Reserve Ratio (CRR) by 100 bps to 3%. This marks a cumulative 100 bps reduction in the repo rate since February 2025, making it the most aggressive easing phase in recent years.
Fourth Quarter
Net profit for the period stood at ₹5,048 crore, a growth of 3.2% from the same quarter last year. The number was higher than the CNBC-TV18 poll of ₹4,801.7 crore. It must be noted that the profitability for the lender was aided by a higher other income component. Other income increased by 24% on a year-on-year basis to ₹5,210 crore.
Net Interest Income, or the bank's core income, declined by 6.6% from the year-ago quarter to ₹11,019 crore. A CNBC-TV18 poll had projected the figure at ₹11,678 crore. Gross NPA during the quarter stood at 2.26% from 2.43% last quarter, while net NPA stood at 0.58% from 0.59% in the December quarter.
Also Read: Bank of Baroda Q4 Update: Domestic advances grows over 13%, deposits rise nearly 10%
Shares of Bank of Baroda Ltd ended at ₹246.30, down by ₹4.30, or 1.72%, on the BSE.
First Published: Jun 7, 2025 9:20 PM IST
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