Bank of Baroda Settles NMC Litigation for ₹5,680 Crore

Q1 FY27 Standalone Results YoY: NII at 12,525 Cr vs 11,435 Cr, up 9.5%. PPOP at 8,127 Cr vs 8,236 Cr, down 1.3%. NIM at 2.8% vs 2.9%, contraction of 10bps. PAT at 1,278 Cr vs 4,541 Cr, down 71.8%; includes one-time NMC settlement payout of 5,680 Cr; excluding this, PAT ~5,528 Cr, up 21.7%. GNPA at 2.0% vs 2.3%, NNPA at 0.5% vs 0.6%, though GNPA edged up sequentially from 1.9%, snapping 12 quarters of decline. CAR at 16.3%, CET1 at 13.9%. Treasury segment profit declined sharply, while Wholesale and Retail Banking drove overall performance. The settlement discontinues all NMC litigation proceedings, removing a key overhang.