• UPI MDR framework: The revised structure keeps P2P and 96% of P2M transactions exempt, and Bank of Baroda plans to reinvest all revenue generated from eligible MDR charges directly into technology and infrastructure.
• Policy rate outlook: With domestic inflation below the 5% threshold, the bank anticipates 1 to 2 interest rate hikes over the full financial year based on incoming data and global regulatory actions.
• Festive loan growth: Credit growth across the busy December and March quarters is projected to be 1% to 2% higher than the preceding slack period, supported by strong festive demand and adequate liquidity.
• Overseas fund inflows: Bank of Baroda mobilized nearly $8 billion under the FCNR(B) scheme and raised $1.1 billion through global bonds, providing around $9 to $9.1 billion in total inflows to fund credit demand.