Bank of Baroda has set an ambitious target to grow fee-based income from 7–8% to 11–12% of total income. Debadatta Chand , MD & CEO, Bank of Baroda told Mahesh Nayak about the bank’s strategy to scale its corporate loan book, deepen retail, agri, MSME penetration and outlined plans to list key subsidiaries. Excerpts:

What is the bank’s stance on PSU mergers?

I view mergers as policy-driven decisions, and based on our experience, past mergers have been successful with smooth integration processes. I don’t see integration as a challenge, especially given our institutional capabilities. India needs large, resilient banks to compete globally, and I am fully aligned with that vision of building scale and strength through strategic consolidation.

What’s driving the bank’s optimism

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