Bank Of Baroda · NSE:BANKBARODA

Bank Of Baroda — Q2 FY2023 Earnings Presentation

40 slides from Bank Of Baroda's earnings presentation, Nov 5, 2022

  1. Slide 1: Performance Analysis Q2 FY 2023

    Performance Analysis Q2 FY 2023 1

  2. Slide 2: Major Highlights

    Major Highlights © 2022 Bank of Baroda. All Rights Reserved Page | 2

  3. Slide 3: Major Highlights

    Major Highlights Business Details (INR crore) Key Performance Drivers Sep 30, 2021 Sep 30, 2022 YoY Net Interest Margin (%) Net Profit (INR crore) Domestic Deposits 8,64,603 9,58,967 10.9 66.3% YoY 48 bps YoY International Deposits 94,881 1,31,205 38.3 Global Deposits 9,59,483 10,90,172 13.6 3.33 5,

  4. Slide 4: Financial Performance

    Financial Performance © 2022 Bank of Baroda. All Rights Reserved Page | 4

  5. Slide 5: Key Ratios

    Key Ratios Cost of Deposits Net Interest Margin Domestic Domestic Global International 3.41% 3.07% 3.09% 3.25% 3.84% 3.81% 3.90% 2.90% 3.52% 3.59% 3.46% Q2FY22 Q1FY23 Q2FY23 FY22 H1FY23 1.33% International 0.79% 0.45% 2.17% 1.93% 1.68% 1.33% 1.47% Q2FY22 Q1FY23 Q2FY23 Yield on Advances Domestic Glob

  6. Slide 6: Operating Performance

    Operating Performance Particulars Q2 FY22 Q1 FY23 Q2 FY23 YOY (%) H1 FY22 H1 FY23 YOY (%) (INR crore) Interest on advances 11,644 13,038 14,834 27.4 23,812 27,873 17.1 Interest on investments 4,212 4,940 5,442 29.2 8,284 10,382 25.3 Other Interest income 835 959 978 17.2 1,649 1,937 17.5 Total Inter

  7. Slide 7: Non-Interest Income

    Non-Interest Income Particulars Q2 FY22 Q1 FY23 Q2 FY23 YOY (%) H1 FY22 H1 FY23 YOY (%) (INR crore) Commission, Exchange, 709 614 778 9.7 1,242 1,392 12.1 Brokerage Incidental Charges 288 292 306 6.2 529 598 13.1 Forex Income 76 63 68 -11.2 120 131 8.8 Other Miscellaneous Income 276 308 364 31.7 565

  8. Slide 8: Operating Expenses

    Operating Expenses Particulars Q2 FY22 Q1 FY23 Q2 FY23 YOY (%) H1 FY22 H1 FY23 YOY (%) (INR crore) Employee Cost 3,114 3,043 3,183 2.2 6,174 6,227 0.9 of which: Salaries 2,325 2,355 2,347 0.9 4,679 4,703 0.5 Provisions for employees 789 688 836 6.0 1,495 1,524 1.9 Other Operating Expenses 2,362 2,44

  9. Slide 9: Profit Position

    Profit Position Particulars Q2 FY22 Q1 FY23 Q2 FY23 YOY (%) H1 FY22 H1 FY23 YOY (%) (INR crore) Operating Profit 5,670 4,528 6,031 6.4 11,270 10,558 -6.3 Total Provisions 2,754 1,685 1,628 -40.9 6,759 3,312 -51.0 of which: Provision for NPA & Bad Debts 2,600 1,560 1,654 -36.4 5,157 3,214 -37.7 Writt

  10. Slide 10: Business Performance

    Business Performance © 2022 Bank of Baroda. All Rights Reserved Page | 10

  11. Slide 11: Deposits

    Deposits Particulars % share in Domestic Deposits in Sep’ 22 Sep’21 Sep’22 YOY (%) Jun’22 Sep’22 QOQ (%) (INR crore) Domestic CASA Deposits 3,75,766 4,10,151 9.2 4,01,622 4,10,151 2.1 Savings Domestic Saving Deposits 3,15,668 3,45,278 9.4 3,38,182 3,45,278 2.1 Deposits 36% Domestic Current 60,098 64

  12. Slide 12: Advances

    Advances Particulars Sep’21 Sep’22 YOY (%) Jun’22 Sep’22 QOQ (%) % share in Gross Domestic Credit in Sep’22 (INR crore) Retail* 1,23,424 1,58,506 28.4 1,47,535 1,58,506 7.4 Others (incl Agriculture 16.0% LABOD & Home Loans* 74,308 88,398 19.0 84,450 88,398 4.7 Staff loans) 3.6% Auto Loans* 21,904 28

  13. Slide 13: Industry-wise Outstanding

    Industry-wise Outstanding Sep'21 Sep'22 Particulars (INR crore) Outstanding Share (%) Outstanding Share Rating Profile Infrastructure of which 80,321 12.88 1,06,200 14.82 1. Power 39,828 6.39 52,868 7.38 2. Telecom 9,164 1.47 10,200 1.42 3. Roads & Ports 16,349 2.62 29,359 4.10 4. Other Infrastructu

  14. 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 Jun’22 Sep’22 Outstanding (INR Outstanding 13% 12% % Share % Share crore) (INR crore) Pvt others AAA 66,671 64.43 75,724 68.05 Backed by Large AA 25,031 2

  15. Slide 15: Treasury Operations

    Treasury Operations Particulars • Domestic investment book comprises of 66.60% in HTM; 33.36% in Sep ’21 Jun ’22 Sep ’22 AFS and 0.04% in HFT. (INR crore) 3,20,412 • The percentage of Investments in SLR Securities to NDTL at Sep Domestic Investments 2,68,592 3,39,667 30, 2022 was at 29.85%. of which

  16. Slide 16: Financial Inclusion

    Financial Inclusion Total Financial Inclusion Accounts Balance /Avg Balance in FI accounts (in Lakh) Zero Balance Accounts (%) 27,849 28,356 661 23,972 5.5% 5.5% 5.4% 656 618 3,879 4,247 4,290 Sep'21 Jun'22 Sep'22 Sep'21 Jun'22 Sep'22 Market Share* of BOB in PMJDY Accounts (%) Sep'21 Jun'22 Sep'22 B

  17. Slide 17: Asset Quality

    Asset Quality © 2022 Bank of Baroda. All Rights Reserved Page | 17

  18. Slide 18: Movement of NPAs

    Movement of NPAs Particulars Q2 FY22 Q1 FY23 Q2 FY23 H1 FY22 H1 FY23 (INR crore) A. Opening Balance 63,029 54,059 52,591 66,671 54,059 B. Additions 5,802 4,352 4,465 9,958 7,854 Out of which, Fresh Slippages 5,223 3,266 3,479 8,382 5,833 C. Reductions 9,327 5,820 10,682 17,126 15,539 Recovery 1,966

  19. Slide 19: Sectoral & Industry wise Contribution of NPAs

    Sectoral & Industry wise Contribution of NPAs Sector-wise NPA Industry-wise NPA Particulars (INR crore) Q2 FY22 Q1 FY23 Q2 FY23 Particulars (INR crore) Q2 FY22 Q1 FY23 Q2 FY23 Infrastructure of which 4,904 3,168 3,165 Corporate 18,769 13,323 9,371 1. Power 2,719 1,912 1,966 MSME 13,989 12,471 12,038

  20. Slide 20: Asset Quality: Sectoral Fresh Slippages

    Asset Quality : Sectoral Fresh Slippages Fresh Slippages CRILC o/s SMA1 and SMA 2 (%) Particulars (INR crore) Q2 FY22 Q1 FY23 Q2 FY23 H1 FY22 H1 FY23 Corporate 2,941 568 568 3,221 1,121 MSME 1,095 1,107 887 2,265 1,609 Retail 451 575 585 1,130 934 1.87 Agriculture 639 702 658 1,458 1,216 0.48 0.42 O

  21. Slide 21: Exposure to NCLT Accounts

    Exposure to NCLT Accounts 51,477 99.20% 98.67% 36,263 98.32% 98.27% 96.05% 7,605 5,131 2,478 RBI 1 List RBI 2 List Accounts filed Accounts filed Total RBI 1 List RBI 2 List Accounts filed Accounts filed Total by BOB at by other banks by BOB at by other banks NCLT at NCLT NCLT at NCLT Exposure in INR

  22. Slide 22: Capital Adequacy

    Capital Adequacy © 2021 Bank of Baroda. All Rights Reserved Page | 22

  23. Slide 23: Capital Adequacy

    Capital Adequacy 15.55% 15.47% 15.68% 15.46% 15.25% 15.77% Tier II 2.34% 2.23% 2.50% 2.49% 2.44% 2.38% AT-1 1.82% 1.94% 1.76% 1.73% 1.79% 1.86% CET-1 11.39% 11.30% 11.42% 11.24% 10.95% 11.60% Sep'21 Dec'21 Mar'22 Jun'22 Sep'22 Consol Sep'22 Particulars (INR crore) Sep ’21 Jun ’22 Sep ’22 Sep ’22 (Co

  24. Slide 24: bob World

    bob World © 2022 Bank of Baroda. All Rights Reserved Page | 24

  25. Slide 25: bob World – Engagement leads to more Product Sales

    bob World – Engagement leads to more Product Sales Credit Report for Customised Offers to customers customers 47 lakh users have availed the Analytics-based Models being services developed for customised offers to customers Ability of send push E-commerce – Offer basis notifications buying behavior

  26. Slide 26: bob World Statistics

    bob World Statistics App Downloads Activated Users Daily Active Users PL through bob World 45 Million 24.7 Million 3.9 Million 76% With 81 lakhs daily txns (financial & non-financial) %IMPS txns through %Billpay txns through %FDs /RDs opened Market Share* through bob World bob World bob World 91% 80

  27. Slide 27: Digital Milestones

    Digital Milestones © 2022 Bank of Baroda. All Rights Reserved Page | 27

  28. Slide 28: Digital Milestones 1/2

    Digital Milestones…1/2 1st 1st 2nd Rank in e-stamping Rank in e-sign Infra Rank in Debit Card usage usage Issuance Sep’22 Source: NeSL Sep’22 Source: NeSL Sep’22 Source: RBI 2nd 3rd 99.76% Rank in Mobile Banking Rank in UPI UPI Remittance Downloads remittance Success Rate Q2 FY23 Sep’22 Source: NPCI

  29. Slide 29: Digital Milestones 2/2

    Digital Milestones….2/2 80% 66% 91% 27% Passbook updates New SHG No of merchants using POS, done digitally Digital FDs Acquisition UPI QR, IPG (Digitally) as of 30.09.2022 Q2 FY23 as of 30.09.22 as of 30.09.2022 74% 37% 52% 45% Credit Card Digitally active MSME Loans Digital MSME sourced digitally c

  30. Slide 30: Environmental, Social and Governance (ESG)

    Environmental, Social and Governance (ESG) © 2022 Bank of Baroda. All Rights Reserved Page | 30

  31. Slide 31: ESG Initiatives 1/2

    ESG Initiatives…..1/2 Environment Social ➢ -166- branches in rural/semi urban areas are being run on Solar Energy, ➢ SEWA Solar Pumps: Bank finances Solar powered pump sets to individual thereby reducing the consumption of power and carbon dioxide emissions. salt farmers in area of Little Rann of Ku

  32. Slide 32: ESG Initiatives 2/2

    ESG Initiatives…..2/2 Governance ➢ The Bank’s Code of Commitment to Customers and MSMEs, Citizen Charter, Grievance Redressal Policy, and Banking Ombudsman scheme are available on the Bank’s website to promote fair banking practices by maintaining transparency in various products, services and polic

  33. Slide 33: Glimpses of Community / Social Activities

    Glimpses of Community / Social Activities ➢ As a part of the Bank’s ‘Policy on Employee Engagement’, the employees are required to carryout Compulsory Community Services / Social Activities. The objective of these activities is to instill amongst employees, the qualities of social and environmental

  34. Slide 34: Consolidated Financials

    Consolidated Financials © 2022 Bank of Baroda. All Rights Reserved Page | 34

  35. Slide 35: Subsidiaries and JVs Performance

    Subsidiaries and JVs Performance Baroda BNP Paribas Asset IndiaFirst Life Insurance Co. Ltd. BOB Financial Solutions Limited Management India Pvt. Ltd. (Subsidiary Holding - 65%) (Subsidiary Holding – 100%) (Subsidiary Holding – 50.1%) ❑ IndiaFirst Life recorded YoY growth of 44% in ❑ Number of Card

  36. Slide 36: Subsidiaries and JVs Performance

    Subsidiaries and JVs Performance India Infradebt Limited Baroda Global Shared Services Limited BOB Capital Markets Limited (Joint Venture of 40.99%) (Subsidiary Holding – 100%) (Subsidiary Holding – 100%) ❑ India Infradebt Limited focused on ❑ The gross revenue for Q2FY23 stands at INR ❑ BGSSL total

  37. Slide 37: Overseas Subsidiaries and JVs performance

    Overseas Subsidiaries and JVs performance Bank Bankof ofBaroda Baroda(Uganda) (Uganda)Ltd. Ltd. Bank of Baroda (Kenya) Ltd. Bank of Baroda (UK) Ltd. ❑ Total Deposits of Bank of Baroda (Uganda) ❑ Total Deposits of Bank of Baroda (Kenya) ❑ Total Deposits of Bank of Baroda (UK) stood at stood at INR 3,

  38. Slide 38: Balance Sheet and PL– Consolidated

    Balance Sheet and PL– Consolidated Particulars Particulars Sep ’21 Jun ’22 Sep ’22 Q2FY22 Q2FY23 YOY (%) (INR crore) (INR crore) CAPITAL & LIABILITIES Net Interest Income 8,036 10,849 35.0 Capital 1,036 1,036 1,036 Non Interest Income 4,458 3,977 -10.8 Share Application Money Pending 0 0 0 Allotment

  39. Slide 39: 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 (

  40. Slide 40: Thank You

    Thank You Try bob World Scan QR code to download © 2022 Bank of Baroda. All Rights Reserved Page | 40

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