Bank Of Baroda · NSE:BANKBARODA
Bank Of Baroda — Q4 FY2019 Earnings Presentation
77 slides from Bank Of Baroda's earnings presentation, May 22, 2019
Slide 1: Performance Analysis Q4 & Full Year FY 2019
May 22, 2019 Performance Analysis Q4 & Full Year FY 2019
Slide 2: Safe Harbor
Safe Harbor This presentation has been prepared by Bank of Baroda (the projections, our exposure to market risks as well as other risks. “Bank”) solely for information purposes, without regard to any Bank of Baroda undertakes no obligation to update the forward- specific objectives, financial situat
Slide 3: Contents
Contents Major Highlights Business Performance Financial Performance Asset Quality Capital Adequacy & Shareholding Strengths & Initiatives Consolidated Financials © 2019 Bank of Baroda. All Rights Reserved. Page | 3
Slide 4: Performance Highlights
Performance Highlights © 2019 Bank of Baroda. All Rights Reserved. Page | 4
Slide 5: Major Highlights for Q4 FY 19
Major Highlights for Q4 FY 19 Eighth consecutive quarter of double digit domestic credit growth. Domestic Y-o-Y credit growth on 1 terminal and average basis at 14.17% and 18.75% respectively led by retail loans which grew by 24.2%. Within retail, home and auto loans increased by 22.2% and 49.4 % re
Slide 6: Key drivers for improvement in Operating Performance
Key drivers for improvement in Operating Performance Particulars Q4 FY 18 Q3 FY 19 Q4 FY 19 YOY (%) QOQ(%) (INR crore) Net Interest Income (NII) 3,868 4,744 4,863 25.73 2.51 Customer Fee Income 1,088 942 1,076 (1.10) 14.23 Customer Revenues (NII + Fee Income) 4,956 5,686 5,940 19.84 4.45 Other Non-I
Slide 7: Snapshot as on March 31, 2019
Snapshot as on March 31,2019 Results for Q4 FY 19 Ratios for Q4 FY 19 Amount in Change % Key Performance Ratio (%) Performance Parameter INR crore (YOY) Total Deposits 6,38,690 8.01 Return on Assets (annualised) (0.36) Net Advances 4,68,819 9.68 Capital Adequacy Ratio (Standalone) 13.52 (Basel III,
Slide 8: Credit Growth & Slippages quarter wise
Credit Growth & Slippages quarter wise INR crore Credit Growth (YOY%) 26.57% 20.37% 21.13% 19.84% 14.17% 11,765 530 1,169 2,868 2,281 2,662 1,764 Mar'18 Jun'18 Sep'18 Dec'18 Mar'19 Mar'18 Jun'18 Sep'18 Dec'18 Mar'19 Fresh Slippages ILFS • Credit growth remained in double-digit. • Mar’19 quarter fres
Slide 9: Domestic BoB Market Share - Deposits & Advances
Domestic BoB-Market Share- Deposits & Advances 4.22 4.14 4.13 4.10 4.10 4.07 4.07 4.06 4.05 4.02 3.99 4.00 3.98 3.98 3.97 3.92 3.92 3.91 Mar '17 Mar '18 Jun '18 Sep '18 Dec'18 Mar'19 Deposits Advances Business © 2019 Bank of Baroda. All Rights Reserved Page | 9
Slide 10: Business Performance
Business Performance © 2019 Bank of Baroda. All Rights Reserved. Page | 10
Slide 11: Business Performance (1/2)
Business Performance (1/2) Terminal Figures Particulars Mar’18 Dec’18 Mar’19 YOY (%) (INR crore) Total Business 10,18,747 10,59,248 11,07,509 8.71 Domestic Business 7,91,213 8,48,743 8,88,151 12.25 Total Deposits 5,91,315 6,10,569 6,38,690 8.01 Domestic Deposits 4,66,974 4,96,271 5,17,966 10.92 CASA
Slide 12: Business Performance (2/2)
Business Performance (2/2) Average Figures* Particulars Mar’18 Dec’18 Mar’19 YOY (%) (INR crore) Total Business 10,01,778 10,58,580 10,79,855 7.79 Domestic Business 7,54,043 8,52,341 8,63,231 14.48 Total Deposits 5,75,114 5,95,618 6,06,381 5.44 Domestic Deposits 4,44,428 4,88,609 4,95,571 11.51 CASA
Slide 13: Sustained CASA Growth
Sustained CASA Growth Terminal Figures Average Figures* 208,579 2,23,794 205,392 203,597 200,579 214,407 213,633 211,779 194,914 208,400 191,608 206,545 187,415 184,814 198,396 195,972 181,044 192,323 188,374 175,500 Mar ’18 Jun ’18 Sep’18 Dec'18 Mar ’19 Mar'18 Jun ’18 Sep’18 Dec'18 Mar'19 Domestic
Slide 14: Cost of Deposits
Cost of Deposits 6.82% 5.44% 5.37% 5.34% 5.25% 5.28% 6.08% 4.80% 5.48% 4.75% 5.33% 4.58% 5.05% 4.50% 4.52% 4.78% 4.68% 4.50% Mar'18 Jun ’18 Sep’18 Dec'18 Mar'19 Mar ’16 Mar' 17 Mar'18 Mar'19 Domestic Deposits Global Deposits Domestic Deposits Global Deposits Quarterly Yearly © 2019 Bank of Baroda. A
Slide 15: Credit Portfolio - well diversified
Credit Portfolio- well diversified % share in Gross Domestic Credit in Mar’ 19 Particulars Mar’18 Dec’18 Mar’19 YOY (%) (INR crore) Agriculture Others 14% 3% Corporate 1,60,918 1,75,612 1,85,943 15.55 Corporate 47% MSME 51,730 54,435 55,455 7.20 Retail 22% MSME Retail (excl 68,765 80,722 85,390 24.1
Slide 16: Steady Retail Loan Growth - Terminal
Steady Retail Loan Growth - Terminal Retail Credit – By Segment (INR crore) Percentage Growth in Retail and Home loans 85,390 80,722 48.2% 19,934 68,765 19,201 34.8% 32.6% 33.9% 2,287 16,284 2,343 24.2% 22.2% 8,558 20.8% 7,859 16.1% 2,043 50,999 5,727 43,936 14,382 12,417 2,054 4,394 54,612 2,123 51
Slide 17: Risk profile - new origination of high quality
Risk profile- new origination of high quality Pre-Risk Based Sourcing Post-Risk Based Sourcing Portfolio purchased accounts Sourcing till March 2016 April 2016 to Mar 2019 As on Mar 2019 3% 2% 0% 8% 8% 30% 40% 6% 11% 78% 95% 19% 760 + 725-760 <725 -1 and 0 760 + 725-760 <725 -1 and 0 760 + 725-760 <
Slide 18: MSME Portfolio CIBIL - CMR/CRIF Rank-wise
MSME Portfolio CIBIL –CMR/CRIF Rank-wise 100.0% NPA % CMR rank wise 100.0% Standard Portfolio Distribution %- %share of Standard advances CMR Rank Graded as per CRIF rating 98.8%100.0% 93.6%96.5% 2.57% 87.9% 96.1%98.3%100.0% 93.3% 59.4% 74.5% 85.5% 12.56 % 45.1% 23.81% 56.4%70.7% 59.6% 28.4% 31.26 %
Slide 19: Improving Rating Profile
Improving Rating Profile Incremental data from Mar 16 to Mar 19 29.26% 52.37% 55.70% 58.75% 60.21% 14.45% 69.84% 19.42% 14.90% 15.35% 14.26% 13.82% 19.72% 11.40% 19.48% 15.75% 15.86% 36.87% 9.20% 13.01% 9.47% 11.24% 10.11% 9.57% Mar'18 Sep'18 Dec'18 Mar'19 Mar'16 Origination Apr'16 to Mar'19 A & Abo
Slide 20: Capital optimization in Corporate Book
Capital optimization in Corporate Book 60% 49% 48% 45% 44% 41% 12% 12% 11% 12% 8% 9% Dec'17 Mar'18 Jun ’18 Sep'18 Dec'18 Mar'19 RWA to Corporate Exposure ratio Ratio of RWA to Un-utilised Exposures © 2019 Bank of Baroda. All Rights Reserved Page | 20
Slide 21: Industry-wise Exposure
Industry-wise Exposure Mar’18 Dec’18 Mar’19 Industry (INR crore) Outstanding % share Outstanding % share Outstanding % share Infrastructure of which 33,511 9.54 31,853 8.38 33,484 8.44 1. Power of which 20,506 5.84 19,996 5.26 21,736 5.48 a) SEBs 1,643 0.47 2,468 0.65 2,529 0.64 b) Others 18,863 5.3
Slide 22: Segment wise breakup and Ratings of NBFC exposure
Segment wise breakup and Ratings of NBFC exposure Segment wise breakup of NBFC exposure Rating Profile of NBFCs Mar’19 Particulars (INR crore) Mar ’18 Dec’18 Mar ’19 Particulars Mar ’18 Exposure Exposure Asset Finance Company (AFC) 9,388 8,940 11,780 % Share % Share (INR cr) (INR cr) Housing Finance
Slide 23: Yield on Advances
Yield on Advances 8.87% 8.68% 8.68% 9.95% 8.56% 8.47% 9.10% 8.87% 8.67% 7.87% 7.71% 7.46% 7.41% 7.65% 7.09% 7.35% 7.27% 7.13% Mar' 18 Jun' 18 Sep' 18 Dec' 18 Mar' 19 Mar' 16 Mar' 17 Mar' 18 Mar' 19 Domestic Global Domestic Global Quarterly Yearly © 2019 Bank of Baroda. All Rights Reserved. Page | 23
Slide 24: Financial Inclusion (1/2)
Financial Inclusion (1/2) Total Financial Inclusion Accounts (in Lakh) Balance/ Average Balance in Financial Inclusion 372 accounts 312 12,690 271 9,689 7,757 4,925 3,402 3,105 2,873 2,391 Mar'17 Mar'18 Mar'19 Mar'16 Mar'17 Mar'18 Mar'19 Balance in Financial Inclusion Accounts (in INR Crore) Average
Slide 25: Financial Inclusion (2/2)
Financial Inclusion (2/2) Social Security Schemes Enrolment up to Particulars (in Lakh) Mar ’18 Jun ’18 Sep ’18 Dec ’18 Mar ’19 Pradhan Mantri Suraksha Bima Yojana 59.52 61.13 70.95 84.82 90.37 Pradhan Mantri Jeevan Jyoti Bima Yojana 18.14 18.66 20.44 23.86 25.30 Atal Pension Yojana 6.33 6.88 8.02 8
Slide 26: Treasury operations
Treasury operations Particulars Mar’18 Dec ’18 Mar’19 • Domestic investment book comprises of 59.10% (INR crore) in HTM; 40.50% in AFS and 0.40% in HFT. Domestic 1,55,514 1,75,077 1,72,412 Investments • The percentage of SLR Securities to NDTL at of which March 31, 2019 was at 27.98%. 1,34,810 1,52,
Slide 27: Yield on Investment
Yield on Investment 7.63% 7.73% 7.59% 7.43% 7.48% 7.53% 7.36% 7.39% 7.50% 7.51% 7.37% 7.10% 7.26% 7.31% 7.20% 7.18% 7.10% 6.86% Mar' 18 Jun' 18 Sep' 18 Dec' 18 Mar' 19 Mar' 16 Mar' 17 Mar' 18 Mar'19 Domestic Global Domestic Global Quarterly Yearly Note : Yield calculated on interest bearing investme
Slide 28: Business Performance - International
Business Performance-International Particulars Mar’18 Dec’18 Mar’19 YOY (%) QOQ (%) (INR crore) Terminal Figures Total Business 2,27,534 2,10,505 2,19,356 -3.59 4.20 Total Deposits 1,24,341 1,14,298 1,20,723 -2.91 5.62 CASA Deposits 19,456 15,237 15,390 -20.90 1.00 Total Saving Deposits 4,587 2,773
Slide 29: Cluster wise Business of Overseas branches
Cluster wise Business of Overseas branches 2.56% 1.80% 1.79% 1.81% 2.06% 11.96% 11.65% 10.99% 12.72% 12.53% 22.13% 17.01% 21.86% 23.80% 20.71% 32.72% 27.05% 32.36% 32.35% 30.96% 36.58% 35.74% 31.79% 32.72% 32.35% Mar '18 Jun '18 Sep '18 Dec'18 Mar'19 America GCC European East Asia and Far East Afric
Slide 30: Breakup of Advances - International
Breakup of Advances -International Particulars As % of As % of As % of Mar’18 Total Dec’18 Total Mar’19 Total (INR Crores) Advances Advances Advances Buyer’s Credit 38,336 34.76% 4,401 4.26% 2,480 2.35% New Trade Credit (Supplier’s credit/ UPAS) -- -- 12,971 12.54% 12,886 12.19% BP / BD under LCs an
Slide 31: Impact of Rationalisation of International Operations
Impact of Rationalisation of International Operations/ Subsidiarisation in UK and discontinuation of LOU in Buyers Credit during FY 2018-19 Amount of Decline in Business (INR Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Total crore) Exchange rate 65.285 63.875 65.175 68.47 72.485 69.775 69.155 1
Slide 32: Key Ratios - International Operations
Key Ratios - International Operations 4.12% 4.62% 4.40% 3.82% 3.79% 3.54% 3.55% 3.26% 3.20% 3.16% 2.68% 2.70% 3.06% 3.18% 2.88% 2.18% 2.78% 1.89% 2.07% 1.97% 1.70% 1.76% 1.33% 1.54% 1.18% 1.71% 1.99% 0.95% 1.66% 1.72% 1.49% 1.10% 1.05% 1.14% 0.88% Mar' 18 Jun'18 Sep'18 Dec'18 Mar' 19 Mar' 16 Mar' 17
Slide 33: Financial Performance
Financial Performance © 2019 Bank of Baroda. All Rights Reserved. Page | 33
Slide 34: Net Interest Margin (%)
Net Interest Margin (%) 3.12% 2.92% 2.93% 2.98% 2.93% 2.88% 2.83% 2.90% 2.80% 2.72% 2.81% * 2.65% 2.78% 2.64% 2.61% 2.60% 2.69% 2.43% 2.43% 2.51%* 2.19% 2.05% Mar' 18 Jun' 18 Sep' 18 Dec' 18 Mar' 19 Mar' 16 Mar' 17 Mar' 18 Mar'19 Domestic Global Domestic Global Quarterly Yearly * Excluding exception
Slide 35: Customer Revenues & Operating Performance
Customer Revenues & Operating Performance Particulars Q4 FY 18 Q3 FY 19 Q4 FY 19 YOY (%) FY 18 FY 19 YOY (%) (INR crore) Interest Income 10,905 12,942 13,111 20.23 43,189 49,771 15.24 Interest Expenses 7,037 8,198 8,247 17.19 28,127 31,290 11.25 Net Interest Income (NII) 3,868 4,744 4,863 25.73 15,0
Slide 36: Interest Income & Expenses
Interest Income & Expenses Particulars Q4 FY 18 Q3 FY 19 Q4 FY 19 YOY (%) FY 18 FY 19 YOY (%) (INR crore) Interest on advances 7,457 9,000 9,184 23.16 29,070 34,389 18.30 Interest on investments 2,781 3,316 3,253 16.98 10,420 12,787 22.71 Other Interest income 666.88 626 673 0.92 3699 2595 -29.85 To
Slide 37: Non-Interest Income
Non-Interest Income Particulars Q4 FY 18 Q3 FY 19 Q4 FY 19 YOY (%) FY 18 FY 19 YOY (%) (INR crore) Commission, Exchange, Brokerage 504 461 546 8.33 1,785 1,989 11.43 Incidental Charges 141 159 198 40.43 563 659 17.09 Other Miscellaneous Income 276 216 218 -21.01 768 775 0.91 Customer Forex Income 16
Slide 38: Operating Expenses
Operating Expenses Particulars (INR crore) Q4 FY 18 Q3 FY 19 Q4 FY 19 YOY (%) FY 18 FY 19 YOY (%) Employee Cost 1,268 1,304 1,413 11.43 4,607 5,039 9.38 of which: Salaries 1,152 1,107 1,108 -3.84 4,199 4,355 3.71 Provisions for employees 116 197 305 163.12 408 684 67.72 Other Operating Expenses 1,76
Slide 39: Profit Position
Profit Position Particulars Q4 FY 18 Q3 FY 19 Q4 FY 19 YOY (%) FY 18 FY 19 YOY (%) (INR crore) Operating Profit 2,665 3,539 3,861 44.88 12,006 13,487 12.34 Total Provisions 5,768 3,067 4,852 (15.88) 14,437 13,053 (9.59) of which Provision for NPA & Bad Debts 7,053 3,416 5,550 (21.31) 14,212 12,192 (
Slide 40: Asset Quality
Asset Quality © 2018 Bank of Baroda. All Rights Reserved. Page | 40
Slide 41: Movement in NPAs
Movement in NPAs Particulars Q4 FY 18 FY 18 Q1 FY 19 Q2 FY 19 Q3 FY 19 Q4 FY 19 FY 19 (INR crore) A. Opening Balance 48,480 42,719 56,480 55,875 55,121 53,184 56,480 B. Additions 12,569 24,239 4,733 3,751 3,733 3,745 13,614 Out of which, Fresh 3,192 10,138 11,765 21,091# 2,868 2,281 2,933 Slippages
Slide 42: Provision Coverage Ratio
Provision Coverage Ratio Particulars Mar’17 Mar’18 Jun’18 Sep’18 Dec’18 Mar’19 Gross Advances (INR crore) 4,08,511 4,60,744 4,48,327 4,67,893 4,82,999 5,01,706 Gross NPA (INR crore) 42,719 56,480 55,875 55,121 53,184 48,233 Outstanding Provisions on NPAs/ 24,639 32,997 33,491 34,062 34,054 32,624 El
Slide 43: NPA Ratios
NPA Ratios 12.46% 12.26% 11.78% 11.01% 9.61% 5.49% 5.40% 4.86% 4.26% 3.33% Mar'18 Jun ’18 Sep’18 Dec'18 Mar'19 Gross NPA Ratio Net NPA Ratio © 2019 Bank of Baroda. All Rights Reserved. Page | 43
Slide 44: Sectoral & Industry wise Contribution of NPAs
Sectoral & Industry wise Contribution of NPAs Particulars Industry (INR crore) Mar ’18 Dec ’18 Mar ’19 Mar ’18 Dec ’18 Mar ’19 (INR crore) Infrastructure of which 8,941 9,123 9,045 Corporate 30,792 30,801 26,354 1. Power 4,007 3,525 3,487 2. Telecom 3,690 4,021 4,021 MSME 7,439 6,094 6,229 3. Roads
Slide 45: Exposure to NCLT accounts
Exposure to NCLT accounts 25,108 95.63% 87.29% 87.18% 84.11% 81.62% 13,265 3,908 3,831 4,103 NCLT 1 List NCLT 2 List Accounts filed Accounts filed Total NCLT 1 List NCLT 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
Slide 46: Asset Quality - Watch list
Asset Quality – Watch list INR in Crore 10410 All stressed accounts under SMA and restructured accounts have been included in 5110 the watchlist 73% slippage in Quarter ending March 2019 is 925 150 from the watchlist of Quarter ending December 1610 2018 2615 Watchlist for FY20 Power Road & EPC I
Slide 47: Movement of portfolio under SMA
Movement of portfolio under SMA 1.42% 4.00% 1.30% 1.19% 1.18% 1.45% 1.43% 0.94% 1.23% 1.00% Mar' 18 Jun' 18 Sep'18 Dec'18 Mar'19 Mar' 18 Jun' 18 Sep'18 Dec'18 Mar'19 Percentage of SMA2 movement with total advances Percentage of SMA1 movement with total advances • The SMA data shown is for global adv
Slide 48: Capital Adequacy & Shareholding
Capital Adequacy & Shareholding © 2019 Bank of Baroda. All Rights Reserved. Page | 48
Slide 49: Capital Adequacy
Capital Adequacy 12.13% 13.42% 11.67% Tier II 1.87% AT-1 1.67% 1.17% Tier I 1.81% CET-1 1.23% 1.21% 11.55% 10.46% 9.86% 10.38% 9.23% 8.65% Mar'18 Dec '18 Mar'19 Particulars (INR crore) Mar ’17 Mar’18 Dec ’18 Mar’19 Common Equity Tier I Capital (CET 1) 35,881 37,646 35,830 42,590 Tier I Capital 39,70
Slide 50: Shareholding Pattern as on March 31, 2019
Shareholding Pattern as on March 31, 2019 Corporate Bodies, 1.10% As on March 31, 2019 Others, 3.20% Indian Public, 4.24% Share Capital: INR 529.10 crore Insurance FIIs & FPIs, Companies, 10.27% Bank of Baroda is a part of the following Indices: 4.03% BSE 100, BSE 200, BSE 500 & Bankex BankNif
Slide 51: Summary of Amalgamated Entity
Summary of Amalgamated Entity © 2019 Bank of Baroda. All Rights Reserved. Page | 51
Slide 52: Dedicated team in place to manage integration and synergy realization
Dedicated team in place to manage integration and synergy realization Steering Integration Expert Committee Mgmt. Team Support Led by MD and EDs – Full-time team led by officer- BCG on-boarded as provides overall leadership, on-special-duty and 3 integration advisors; guidance and approval General M
Slide 53: Widening Geographic Reach
Widening Geographic Reach Market Share of Branches of Bank of Baroda (Bank of Baroda, e-Vijaya, e-Dena) North Central West State Market State Market State Market Share Share Share Chhattisgarh 9.58 Dadra & Nagar Rajasthan 9.93 Haveli 26.67 Uttar Pradesh 8.32 Nct Of Delhi 6.95 Uttarakhand 7.64 Gujara
Slide 54: Greater Management Depth
Greater Management Depth Bank of Baroda (Bank of Baroda, e-Vijaya, e-Dena) would have better succession planning with wider talent pool and greater management depth Total Staff Strength Bank of Baroda (Bank of Baroda, e-Vijaya, e-Dena) 84,970 13,334 Staff scale BOB E-Vijaya E-Dena Total % Share Scal
Slide 55: Widening ATM Network
Widening ATM Network Total ATM network increased from 9,572 to 13,106 post Amalgamation 2,423 1,839 1,891 1,697 1,564 1,109 1,015 647 454 489 456 397 346 329 270 261 251 248 192 153 110 121 Gujarat Uttar Pradesh Maharashtra Karnataka TamilNadu Madhya Delhi Andhra Telangana Kerala Chattisgarh Pradesh
Slide 56: Strengths & Initiatives
Strengths & Initiatives © 2019 Bank of Baroda. All Rights Reserved. Page | 56
Slide 57: Key Strengths
Key Strengths Strong domestic presence through 5,553 branches & Well distributed branch network with 33% coverage in Rural, 9,572 ATMs and Cash Recyclers supported by 28% in Semi-urban, 22% Metro and 17% Urban self-service channels A well recognized brand in the Indian Banking Industry Global presen
Slide 58: Pan India Presence
Pan India Presence Domestic Branch Network ATM Network 5,190 5,330 5,422 5,553 1,812 1,833 1,845 1,964 1,523 1,537 1,546 1,425 921 930 959 933 1008 1,166 1,167 1,203 *Mar'16 ** Mar'17 **Mar'18 **Mar'19 Metro Urban Semi Urban Rural *Mar’15 and Mar’16 data as per 2001 census. ** Mar’17, Mar’18 data as
Slide 59: International Presence spanning overseas offices across 21 countries
International Presence spanning 100 overseas offices across 21 countries Europe South East Asia UK China Americas Brussels Hong Kong USA Singapore Guyana India IBU GIFT City Malaysia Trinidad & Tobago Africa Uganda Kenya Botswana Middle East Tanzania UAE Color Codes Oman South Africa Far East • Whol
Slide 60: Digital Footprint
Digital Footprint 22.97% 121.19% Digital Network POS/ECOM Mobile Banking (F+NF) 8166 (YOY growth) (YOY growth) 1406 1055 419 512% ATM Cash Recycler E-lobbies (Incl Active Debit UPI Outward txns express E- Card (in lac) lobbies) (YOY growth) Recent Initiatives Recent Product Suite BHIM Baroda Multi F
Slide 61: Credit cards - Growing Momentum: New Issuance & Spends
Credit cards-Growing Momentum: New Issuance & Spends New cards issued Spends– By Amount (in INR crore) 380 48,480 332 40,145 266 251 22,638 9,306 Q1 FY 19 Q2 FY 19 Q3 FY 19 Q4 FY 19 Q1 FY 19 Q2 FY 19 Q3 FY 19 Q4 FY 19 • New cards issuance grew more than 5X from Q1 to Q4 • FY 2018-19 spends grew 30%
Slide 62: Progress on new Initiatives - Cash Management
Progress on new Initiatives – Cash Management Cash Management services-Revenue Baroda DigiNext Cash Management 16.91 2017-18 2018-19 14.36 Fee income from Cash Management customers grew by 98.1% to Rs Fees (in crore) 11.12 53.23 crore in FY19. CASA balances including short-term deposits 11.02 9.93
Slide 63: Supply Chain Finance Accelerating Business Momentum
Supply Chain Finance Accelerating Business Momentum Spokes Sanctioned (in crore) Revenue (in crs) 1621 54 1425 35 1012 18 825 16 20 5 13 5 Jun-18 Sep-18 Dec-18 Mar-19 Revenue (in crs) Cumulative SCF Outstanding(Rs in crs) Anchors Sanctioned (Amt in crs) 1054 16030 15515 758 787 516 13475 13565 Jun-1
Slide 64: Fintech Initiatives (1/2)
Fintech Initiatives (1/2) Rs.1968 Cr Contactless Underwriting Sanction Exceeds Rs. 10 bn Preference improved over period - Business Online 16.07 40 13.12 In Principle 16.07 Partnerships Additional Bank of Baroda is a key Business Gains 10.32 stakeholder in the Rs.394 Cr initiative and has played San
Slide 65: Fintech Initiatives (2/2)
Fintech Initiatives (2/2) TReDS: RBI approved digital platform to help MSMEs get there trade receivable financed(without recourse) at a competitive rate through an Lending: Algo Underwriting (e-commerce, Retail etc) auction mechanism Rating Wise Sanction Finance to micro entrepreneurs based on alter
Slide 66: Shared Services Centers (SSC) - Coverage (1/3)
Shared Services Centers (SSC) – Coverage (1/3) Account Global Trade Services Retail Assets (CPC) Management (TFBO) – 140 Cat B Services (RLBO) 1. Inward Remittances 1. Baroda Traders Loan 1. Savings/ Current 2. Advance Remittance 2. Baroda Education Loan 2. NRI/ NRO against Imports 3. Baroda Mortgag
Slide 67: Operational Excellence - Branch Transformation (3/3)
Operational Excellence - Branch Transformation (3/3) ~75% branch time spent on long tail of administrative & operational activities which can be partially/ completely digitised , simplified , centralised to make the focus on pro active sales and recovery oriented activities. Digitization/Alternate C
Slide 68: Consolidated Financials
Consolidated Financials © 2019 Bank of Baroda. All Rights Reserved. Page | 68
Slide 69: Subsidiaries, Joint Ventures and Associates
Subsidiaries, Joint Ventures and Associates Domestic Subsidiaries, Joint Ventures Proportion of and Associates Ownership International Subsidiaries, Joint Proportion of Ventures and Associates Ownership Subsidiaries BOB Financial Solutions Limited 100.00% Subsidiaries Bank of Baroda (Botswana) Limit
Slide 70: Balance Sheet - Consolidated
Balance Sheet – Consolidated Particulars Mar ’18 Dec ’18 Mar ’19 (INR crore) CAPITAL & LIABILITIES Capital 530 530 530 Share Application Money Pending Allotment 5,042 Reserves & Surplus 46,036 48,397 49,424 Minority Interest 273 331 341 Deposits 6,07,451 6,36,844 6,65,589 Borrowings 64,860 70,401 68
Slide 71: Profit & Loss - Consolidated
Profit & Loss – Consolidated Particulars Q4 FY 18 Q3 FY 19 Q4 FY 19 YOY (%) FY 18 FY 19 YOY (%) (INR crore) Net Interest Income 4,275 5,190 5,594 30.85 16,896 20,401 20.74 Non Interest Income 2,224 2,045 2,578 15.92 7,992 7,887 -1.31 Fee Income 548 502 585 6.75 1,927 2,140 11.05 Premium Income 440 3
Slide 72: Capital Adequacy - Consolidated
Capital Adequacy - Consolidated Key ratios (Consolidated) Mar’ 18 Dec’ 18 Mar’ 19 Common Equity Tier I Capital (CET 1) (INR crore) 42,348 42,026 49,699 Tier I (INR crore) 47,352 47,035 54,502 Tier II (INR crore) 6,715 7,446 7,722 Total Capital (INR crore) 54,067 54,481 62,224 CET 1 Ratio (%) 10.08%
Slide 73: Awards and Accolades (1/4)
Awards and Accolades (1/4) Bank of Baroda bags Bank was awarded the Finnoviti Bank was awarded CSR Excellence “Leadership Capital” award at Award for ‘Fintech Initiatives’ at the Award, a prestigious award of TV9 held in Atal Pension Yojana Awards Banking Frontiers' Finnoviti Ahmedabad on February 1
Slide 74: Awards and Accolades (2/4)
Awards and Accolades (2/4) Baroda Rajhasthan Gramin Bank was Bank received Runners Up award for “Best Bank bags “Winner for the Most awarded the Best Technology Bank of the Customer Centric Bank Using Payment Initiatives”, at the IBA Banking Year, at the IBA Banking Technology 2019 Technology 2019 A
Slide 75: Awards and Accolades (3/4)
Awards and Accolades (3/4) Bank bags Financial Express (FE) Best Bank Award for Best Home Loan Products 2018 on 11.01.2019 Bank won -5- Awards at the 58th Association of Business Communicators of India (ABCI) Awards. Awarded -5- Categories are as under: Akshayyam – Indian Language Publications - B
Slide 76: 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 77: Thank You
Thank You © 2019 Bank of Baroda. All Rights Reserved. Page | 77