Bank of Baroda Zonal Head Meets Bihar CM Nitish Kumar to Boost Banking Support and Development

Patna, February 19, 2026: Shri Subrat Kumar Swain, General Manager and Zonal Head of Bank of Baroda–Patna Zone, called on Hon’ble Chief Minister of Bihar, Shri Nitish Kumar, at the CM House in Patna today. The meeting reviewed the bank’s performance in the state and explored ways to deepen collaboration for Bihar’s socio‑economic development.

Shri Swain provided a detailed update on the bank’s overall business performance, credit growth, deposit mobilisation, and expanding reach of banking services across both urban and rural areas of Bihar. He highlighted initiatives taken by Bank of Baroda to support priority sectors including agriculture, micro, small and medium enterprises (MSMEs), retail lending and financial inclusion.

The Zonal Head also shared progress on various developmental initiatives undertaken by the bank in Bihar, such as credit support to farmers and rural enterprises, infrastructure financing, digital banking outreach, and programmes aimed at enhancing financial literacy and customer engagement. These efforts have been aimed at strengthening the bank’s footprint across every district in the state and contributing to inclusive growth.

Strengthening Public‑Private Partnership

During the interaction, Shri Swain stressed the importance of public‑private partnership for accelerating economic growth in Bihar. He outlined how enhanced cooperation between the state government and Bank of Baroda could catalyse credit flow to key sectors, support employment generation and promote sustainable development.

He also sought the continued patronage and support of the Chief Minister and the state government to further strengthen the bank’s role in Bihar’s development journey. Shri Swain emphasised that collaborative efforts with the government would help unlock new opportunities in infrastructure projects, housing finance, skill development financing and support to self‑help groups (SHGs).

Shri Swain expressed confidence that with a shared vision, Bank of Baroda and the Government of Bihar can work closely to achieve strategic objectives that benefit citizens, businesses and the overall economy of the state.

Government’s Focus on Growth and Financial Inclusion

Shri Nitish Kumar welcomed the delegation and appreciated the bank’s efforts in extending banking services and credit support across the state. He reiterated the government’s commitment to facilitating ease of doing business, promoting rural development, and fostering stronger linkages between financial institutions and state priorities.

The Chief Minister highlighted the importance of expanding access to formal banking, particularly in underserved areas, to boost economic participation and empower local communities. Strengthening credit flow to agriculture, MSMEs and infrastructure sectors remains a key focus area for the state’s policy framework, he added.

Outlook

The meeting is expected to pave the way for deeper engagement between Bank of Baroda and the Government of Bihar. As the bank continues to scale up its operations in the state, strategic collaboration with the government is seen as crucial for driving sustainable economic growth and financial inclusion.

With shared goals on economic empowerment, job creation, and increased access to formal financial services, the partnership between Bank of Baroda and Bihar’s administration is expected to strengthen over the coming months.