Bank Of Baroda · NSE:BANKBARODA
Bank Of Baroda — Q3 FY2025 Earnings Presentation
43 slides from Bank Of Baroda's earnings presentation, Jan 30, 2025
Slide 1: Performance Analysis Q3FY25
Performance Analysis Q3FY25
Slide 2: Key Highlights
G dep 3iim aster Bank of Baroda Key Highlights
Slide 3: Key Highlights
Key Highlights Business Details (INR crore) Key Performance Drivers Dec 31, 2023 Dec 31, 2024 YOY (%) Net Interest Margin (%) Net Profit (INR crore) Domestic Deposits 10,67,371 11,65,874 9.2 International Deposits 1,77,929 2,26,588 27.3 16 bps YoY Global Deposits 12,45,300 13,92,461 11.8 17,789 3.10
Slide 4: Financial Performance
G dep 3iim aster Bank of Baroda Financial Performance
Slide 5: Key Ratios
Key Ratios Cost of Deposits Yield on Advances Net Interest Margin Domestic Domestic Domestic 3.23% 3.27% 3.32% 3.24% 5.00% 5.16% 5.20% 5.17% 8.95% 8.93% 8.87% 9.01% 8.92% 3.11% 4.97% Q3FY24 Q2FY25 Q3FY25 FY24 9MFY25 Q3FY24 Q2FY25 Q3FY25 FY24 9MFY25 Q3FY24 Q2FY25 Q3FY25 FY24 9MFY25 International Inte
Slide 6: Operating Performance
Operating Performance Particulars Q3 FY24 Q2 FY25 Q3 FY25 YOY (%) 9M FY24 9M FY25 YOY (%) (INR crore) Interest on advances 21,697 23,058 23,811 9.7 62,338 69,529 11.5 Interest on investments 6,255 6,536 6,553 4.8 18,559 19,527 5.2 Other Interest income 652 669 543 -16.7 2,126 1,743 -18.0 Total Inter
Slide 7: Non-Interest Income
Non-Interest Income Particulars Q3 FY24 Q2 FY25 Q3 FY25 YOY (%) 9M FY24 9M FY25 YOY (%) (INR crore) Commission, Exchange, Brokerage 683 765 742 8.7 2,532 2,226 -12.1 Incidental Charges 416 367 356 -14.4 1,227 1,041 -15.2 Forex Income 61 55 50 -18.0 178 165 -7.3 Other Miscellaneous Income 383 586 584
Slide 8: Operating Expenses
Operating Expenses Particulars Q3 FY24 Q2 FY25 Q3 FY25 YOY (%) 9M FY24 9M FY25 YOY (%) (INR crore) Employee Cost 3,809 4,040 4,207 10.4 11,269 12,260 8.8 of which: Salaries 2,997 3,044 3,060 2.1 8,872 9,311 5.0 Provisions for employees 812 996 1,147 41.3 2,397 2,949 23.0 Other Operating Expenses 3,0
Slide 9: Profit Position
Profit Position Particulars Q3 FY24 Q2 FY25 Q3 FY25 YOY (%) 9M FY24 9M FY25 YOY (%) (INR crore) Operating Profit 7,015 9,477 7,664 9.3 22,859 24,303 6.3 Total Provisions 666 2,336 1,082 62.5 4,774 4,429 -7.2 of which: Provision for NPA & Bad Debts 1,007 1,733 871 -13.5 4,986 3,874 -22.3 Written-off
Slide 10: Business Performance
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Slide 11: Deposits
Deposits Particulars % share in Domestic Deposits in Dec’24 Dec’23 Dec’24 YOY (%) Sep’24 Dec’24 QOQ (%) (INR crore) Domestic CASA Deposits 4,34,337 4,62,617 6.5 4,58,425 4,62,617 0.9 Savings Deposits Domestic Saving 34% 3,69,761 3,89,061 5.2 3,87,468 3,89,061 0.4 Deposits Domestic Current 64,576 73,
Slide 12: Advances
Advances Particulars % share in Gross Domestic Credit in Dec’24 Dec’23 Dec’24 YOY (%) Sep’24 Dec’24 QOQ (%) (INR crore) Agriculture Retail* 2,03,627 2,43,360 19.5 2,32,311 2,43,360 4.8 15.7% Home Loans* 1,06,327 1,23,996 16.6 1,19,253 1,23,996 4.0 Auto Loans* 37,080 44,890 21.1 42,114 44,890 6.6 Cor
Slide 13: Industry-wise Outstanding
Industry-wise Outstanding Dec'23 Dec’24 Rating Profile Particulars (INR crore) Outstanding Share (%) Outstanding Share (%) Infrastructure of which 1,05,416 12.2% 1,15,168 11.9% 1. Power 52,609 6.1% 59,536 6.2% 2. Telecom 8,409 1.0% 7,626 0.8% 3. Roads & Ports 33,000 3.8% 35,747 3.7% 4. Other Infrast
Slide 14: Segment wise breakup & Ratings of NBFC Standard Outstanding
Segment wise breakup & Ratings of NBFC Standard Outstanding NBFC Portfolio by Ownership Rating Profile of NBFCs Standard Outstanding* Particulars Sep’24 Dec’24 14% Outstanding Outstanding 15% % Share % Share (INR crore) (INR crore) Pvt others AAA 1,09,960 68.96 1,07,666 69.75 39% Backed by Large 40%
Slide 15: Treasury Operations
Treasury Operations Particulars (INR crore) Dec’23 Sep’24 Dec’24 • Domestic investment book comprises of 71.68% in HTM; 24.65% in AFS; 2.11% in FVTPL; 0.36% in FVTPL-HFT and 1.20% in Domestic Investments 3,58,540 3,60,244 3,74,785 Subsidiaries / Joint Ventures and RRB’S of which SLR 3,00,370 3,00,18
Slide 16: Financial Inclusion
Financial Inclusion Total Financial Inclusion Accounts Balance /Avg Balance in FI accounts Zero Balance Accounts (%) (in Lakh) 37,886 39,248 34,648 5.12% 4.97% 4.84% 718 714 694 Dec'23 Sep'24 Dec'24 4,992 5,306 5,466 Market Share* of BOB in PMJDY Accounts (%) 15.20% 15.12% 15.06% Dec'23 Sep'24 Dec'2
Slide 17: Asset Quality
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Slide 18: Strong Asset Quality
Strong Asset Quality Gross NPA & Net NPA Slippage Ratio & Credit Cost 1.12% 1.20% 3.08% 1.05% 1.07% 2.92% 2.88% 0.95% 1.00% 0.90% 2.50% 2.43% 0.80% 0.65% 0.57% 0.60% 0.47% 0.39% 0.40% 0.30% 0.70% 0.68% 0.69% 0.60% 0.59% 0.20% 0.00% Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY2
Slide 19: Movement of NPAs
Movement of NPAs Particulars Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 (INR crore) A. Opening Balance 33,968 30,873 28,551 36,764 31,834 B. Additions 2,618 3,110 2,915 8,257 7,335 Out of which, Fresh Slippages 2,363 2,788 2,503 7,411 6,408 C. Reductions 4,268 5,432 2,995 12,703 10,698 Recovery 976 960
Slide 20: Sectoral & Industry wise Contribution of NPAs
Sectoral & Industry wise Contribution of NPAs Sector-wise NPA Industry-wise NPA Particulars (INR crore) Q3 FY24 Q2 FY25 Q3 FY25 Particulars (INR crore) Q3 FY24 Q2 FY25 Q3 FY25 Infrastructure of which 278 68 110 Corporate 2,218 623 661 1. Power 3 2 3 MSME 10,800 10,974 10,981 2. Telecom 2 2 2 3. Road
Slide 21: Asset Quality: Sectoral Fresh Slippages
Asset Quality : Sectoral Fresh Slippages CRILC o/s SMA1 and SMA 2 (%) Fresh Slippages Particulars (INR crore) Q3 FY24 Q2 FY25 Q3 FY25 9M FY24 9M FY25 Corporate 299 57 34 2,282 137 0.47 0.49 MSME 871 1,156 963 2,040 2,573 Retail 553 817 751 1,094 1,843 0.24 Agriculture 532 737 517 1,283 1,596 Others
Slide 22: Exposure to NCLT Accounts
Exposure to NCLT Accounts 42,749 31,383 100% 100% 100% 99% 99% 4,629 4,428 2,309 RBI List 1 RBI List 2 ACCOUNT ACCOUNT TOTAL RBI 1 List RBI 2 List Accounts Accounts Total FILED BY BOB FILED BY filed by BOB filed by OTHERS at NCLT others at Exposure in INR Crore Provision Coverage (%) NCLT Provision
Slide 23: Capital Adequacy
Capital Adequacy V5 dep 3it aster Bank of Baroda 23
Slide 24: Capital Adequacy
Capital Adequacy 16.31% 16.82% 16.26% 16.36% 15.96% Tier II 14.72% 2.17% 2.24% 2.08% 2.52% 2.46% 2.05% 1.57% AT-1 1.53% 1.51% 1.06% 1.04% 1.56% CET-1 12.54% 13.08% 12.67% 12.38% 12.86% 11.11% Dec'23 Mar'24 Jun'24 Sep'24 Dec'24 Consol Dec'24 Particulars (INR crore) Dec ’23 Sep’24 Dec’24 Dec’24 (Conso
Slide 25: Sustainability Initiatives
Sustainability Initiatives 25
Slide 26: Sustainability Initiatives 1/4
Sustainability Initiatives….1/4 Sustainable & Social Loans Efficiency & Green Initiatives Bank has executed an MOU with KFW, a multilateral Bank has set up rain water harvesting system in -18- -186- branches (1.35 MW in total) in rural/semi urban areas finance agency, under the programme known as Ad
Slide 27: Sustainability Initiatives 2/4
Sustainability Initiatives….2/4 Implemented Green Finance Framework 09 Eligible Sectors for Green Deposits in March 2024 for: ▪ Raising of the Green Deposits and Enabling 1. Renewable Energy Flow of Credit for the Green Activities. 2. Energy Efficiency ▪ Defining of criteria(s) for Channelization of
Slide 28: Sustainability Initiatives 3/4
Sustainability Initiatives….3/4 Initiatives for Climate Risk Rationale of the Initiatives Management Strategy ▪ To support the projects for ▪ The Bank has launched the 'bob production of Green Hydrogen Green Hydrogen Financing (GH2) for captive consumption as a Scheme’, becoming the first public cle
Slide 29: Sustainability Initiatives 4/4
Sustainability Initiatives….4/4 Wellness Month – November 2024 Mentorship Program for Employees In line with our commitment to fostering a healthier and more vibrant workforce, the Bank Bank of Baroda launched Mentorship Program, Prerna observes the month of November as "Wellness – Path of Inspirati
Slide 30: Digital Banking
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Slide 31: Digital Customer Experience & Delight
Digital Customer Experience & Delight bob World bob इ Pay 31
Slide 32: Digital Footprints
Digital Footprints Digital Channels & Products 319 118 38 308 105 33 1 Q3 FY23-24 Q3 FY24-25 Q3 FY23-24 Q3 FY24-25 Q3 FY23-24 Q3 FY24-25 bob World Users bob World Internet Users bob इ Pay Users (In Lacs) (In Lacs) (In Lacs) 112 7.3 4,270 79 3,450 3.5 939 878 Q3 FY23-24 Q3 FY24-25 Q3 FY23-24 Q3 FY24-
Slide 33: Merchant Acceptance Point and Customer Touch Points
Merchant Acceptance Point - bob World Merchant Turnover Turnover Turnover in Rs Crore 1,733 2,150 1,542 2,091 6,121 13,561 in Rs Crore in Rs Crore 6,011 22.95 0.47 4,657 14.99 0.35 Q3 FY23-24 Q3 FY24-25 Q3 FY23-24 Q3 FY24-25 Q3 FY23-24 Q3 FY24-25 Internet Payment Gateway Point of Sale UPI – QR Numbe
Slide 34: Digitization - Liability
Digitization - Liability 6,464 9.07 5,348 0.1 0.68 7.5 0.07 0.37 4.25 4.70 Q3 FY23-24 Q3 FY24-25 Q3 FY23-24 Q3 FY24-25 Q3 FY23-24 Q3 FY24-25 Q3 FY23-24 Q3 FY24-25 SB Accounts (in Lacs) CA Accounts (in Lacs) TD Accounts (in Lacs) SHG Accounts (in Lacs) No of Accounts (in Lacs) Total Value (in Cr) SB
Slide 35: Digitization - Lending
Digitization - Lending 1,229 Cr 177 Cr Digital Personal Loan Digital Auto Loan Retail (Rs) (Rs) Amount of Loan Disbursed Q3 FY24-25 Amount of Loan Disbursed Q3 FY24-25 121 Cr 48,874 Cr Digital Mudra Loan Digital MSME Renewal (Rs) MSME (Jansamarth) (Rs) Amount of Loan Disbursed Q3 FY24-25 Amount of L
Slide 36: Consolidated Financials
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Slide 37: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance Baroda BNP Paribas Asset IndiaFirst Life Insurance Co. Ltd. BOBCARD Limited Management India Pvt. Ltd. (Subsidiary Holding - 65%) (Subsidiary Holding – 100%) (Subsidiary Holding – 50.1%) ❑ AUM was recorded at Rs 30,135.05 crs as on ❑ Number of active Cards stood at 2
Slide 38: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance BOB Capital Markets Limited Baroda Global Shared Services Limited (Subsidiary Holding – 100%) (Subsidiary Holding – 100%) ❑ Gross Revenue increased to Rs 36.62 crs for 9M FY 24-25 over Rs ❑ Total income is Rs 225.60 crs for 9M FY24-25 against total income of Rs 30.69
Slide 39: Subsidiaries and JVs Performance
Subsidiaries and JVs Performance India Infradebt Limited Nainital Bank Limited (Joint Venture of 40.99%) (Subsidiary Holding – 98.57%) ❑ India Infra debt limited has focused on disbursement in renewable ❑ Total Business increased to Rs 12,889.31 crs in 9M FY24-25 from Rs 12,594.41 crs for 9M FY 23-2
Slide 40: Overseas Subsidiaries Performance
Overseas Subsidiaries Performance Bank of Baroda (Uganda) Ltd. Bank of Baroda (Kenya) Ltd. Bank of Baroda (Botswana) Ltd. (Subsidiary Holding – 80%) (Subsidiary Holding – 86.70%) (Subsidiary Holding – 100%) ❑ Total Deposits stands at INR 4,840.79 crore as ❑ Total Deposits stands at INR 10,419.35 cro
Slide 41: Balance Sheet and PL – Consolidated
Balance Sheet and PL– Consolidated Particulars Particulars Dec’23 Sep ’24 Dec ’24 Q3FY24 Q3FY25 YOY (%) (INR crore) (INR crore) CAPITAL & LIABILITIES Net Interest Income 12,040 12,427 3.2 Capital 1,036 1,036 1,036 Share Application Money Pending Non-Interest Income 5,042 5,163 2.4 0 0 0 Allotment To
Slide 42: Disclaimer
Disclaimer The information contained in this presentation is provided by Bank of Baroda (the “Bank”) to you solely for your information. This document is highly confidential and being given solely for your use and may not be retained by you and neither this presentation nor any part thereof may be (
Slide 43: Thank you