12/5/2025, 4:43:02 pm

Bank of Baroda plans to scale up all subsidiaries before listing: MD, CEO

Bank of Baroda plans to list its subsidiaries, including IndiaFirst Life Insurance and Nainital Bank, after scaling them up. CEO Debadatta Chand emphasized the importance of market conditions and valuations. The bank holds 64.98% in IndiaFirst and 98% in Nainital Bank. IndiaFirst's assets under management grew 14.39% to Rs 30,967.89 crore in FY25.