Bank Of Baroda · NSE:BANKBARODA

Bank Of Baroda — Q1 FY2023 Earnings Presentation

40 slides from Bank Of Baroda's earnings presentation, Jul 30, 2022

  1. Slide 1: Performance Analysis Q1FY23

    Performance Analysis Q1FY23 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 Jun 30, 2021 Jun 30, 2022 YOY(%) Domestic CASA Deposits 3,62,044 4,01,622 10.9 Domestic CASA Ratio (%) Net Profit (INR crore) Domestic Savings 97 bps YOY 3,04,350 3,38,182 11.1 79.3% YOY Deposits Domestic Current 44.24 44.18 57,69

  4. Slide 4: Financial Performance

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

  5. Slide 5: Key Ratios - Quarterly

    Key Ratios - Quarterly Cost of Deposits NIM Domestic Domestic Global International 3.12% 3.14% 3.07% 3.09% 3.07% 3.92% 3.85% 3.81% 3.55% 3.53% 3.46% Q1FY22 Q4FY22 Q1FY23 FY22 Q1FY23 International 0.79% 0.50% 0.50% 1.88% 1.68% 1.68% 1.47% Q1FY22 Q4FY22 Q1FY23 1.21% Yield on Advances Domestic Global I

  6. Slide 6: Operating Performance

    Operating Performance Particulars Q1 FY22 Q4 FY22 Q1 FY23 YOY (%) (INR crore) Interest on advances 12,168 12,835 13,038 7.1 Interest on investments 4,071 4,767 4,940 21.3 Other Interest income 813 572 959 18.0 Total Interest Income 17,053 18,174 18,937 11.0 Interest on Deposits 8,338 8,430 8,835 6.0

  7. Slide 7: Non-Interest Income

    Non-Interest Income Particulars Q1 FY22 Q4 FY22 Q1 FY23 YOY (%) (INR crore) Commission, Exchange, Brokerage 533 786 614 15.2 Incidental Charges 241 387 292 21.2 Other Miscellaneous Income 44 63 63 43.2 Forex Income 287 403 308 7.3 Fee based Income 1,105 1,639 1,277 15.6 Trading Gains – Profit from S

  8. Slide 8: Operating Expenses

    Operating Expenses Particulars Q1 FY22 Q4 FY22 Q1 FY23 YOY (%) (INR crore) Employee Cost 3,059 2,702 3,043 -0.5 of which: Salaries 2,353 2,332 2,355 0.1 Provisions for employees 706 370 688 -2.5 Other Operating Expenses 2,095 2,797 2,449 16.9 of which : 299 431 313 4.7 Rent, Taxes and Lighting Print

  9. Slide 9: Profit Position

    Profit Position Particulars Q1 FY22 Q4 FY22 Q1 FY23 YOY (%) (INR crore) Operating Profit 5,601 5,635 4,528 -19.2 Total Provisions 4,006 3,736 1,685 -57.9 of which 2,557 5,200 1,560 -39.0 Provision for NPA & Bad Debts Written-off Provision for Standard Advances 1,055 -1,744 -120 -- Provision for Inve

  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 Jun’ 22 Jun’21 Jun’22 YOY (%) Mar’22 Jun’22 QOQ (%) (INR crore) Domestic CASA Deposits 3,62,044 4,01,622 10.9 4,10,123 4,01,622 -2.1 Savings Domestic Saving Deposits 3,04,350 3,38,182 11.1 3,41,343 3,38,182 -0.9 Deposits 37% Domestic Current 57,69

  12. Slide 12: Advances

    Advances Particulars Jun’21 Jun’22 YOY (%) Mar’22 Jun’22 QOQ (%) % share in Gross Domestic Credit in Jun’22 (INR crore) Retail* 1,19,729 1,47,535 23.2 1,40,399 1,47,535 5.1 Others (incl Agriculture 15.9% LABOD & Home Loans* 73,228 84,450 15.3 82,009 84,450 3.0 Staff loans) 3.6% Auto Loans* 20,970 26

  13. Slide 13: Risk profile – Retail loans

    Risk profile – Retail loans As on 30.06.2021 As on 31.03.2022 As on 30.06.2022 1% 0% 1% 17% 16% 14% 10% 11% 12% 70% 73% 74% Above 725 701-725 Up to 700 -1 Above 725 701-725 Up to 700 -1 Above 725 701-725 Up to 700 -1 *Based on Amt. *CIBIL scores (V1) as on 01.04.2019 have been converted into corresp

  14. Slide 14: Industry-wise outstanding

    Industry-wise outstanding Jun'21 Jun'22 Particulars (INR crore) Outstanding Share Outstanding Share Rating Profile Infrastructure of which 71,994 11.98% 1,06,859 15.36% 1. Power 34,084 5.67% 53,210 7.65% 2. Telecom 11,273 1.88% 10,726 1.54% 3. Roads & Ports 15,502 2.58% 28,630 4.12% 4. Other Infrast

  15. Slide 15: 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 Mar’22 Jun’22 Outstanding Outstanding 12% 13% % Share % Share (INR crore) (INR crore) Pvt others AAA 68,863 65.89 66,671 64.43 43% Backed by Large AA 23,2

  16. Slide 16: Treasury operations

    Treasury operations Particulars • Domestic investment book comprises of 64.73% in HTM; 35.23% in Jun ’21 Mar ’22 Jun ’22 AFS and 0.04% in HFT. (INR crore) Domestic • The percentage of Investments in SLR Securities to NDTL at Jun 2,48,671 3,04,062 3,20,412 Investments 30, 2022 was at 28.79%. of which

  17. Slide 17: Financial Inclusion

    Financial Inclusion Total Financial Inclusion Accounts Balance /Avg Balance in FI accounts (in Lakh) 27,864 27,849 Zero Balance PMJDY Accounts (%) 656 647 22,930 5.8% 5.5% 5.4% 601 3,815 4,308 4,247 Jun'21 Mar'22 Jun'22 Jun'21 Mar'22 Jun'22 Market Share* of BOB in PMJDY Accounts (%) Jun'21 Mar'22 Ju

  18. Slide 18: Asset Quality

    Asset Quality © 2022 Bank of Baroda. All Rights Reserved Page | 18

  19. Slide 19: Movement of NPAs

    Movement of NPAs Particulars Q1 FY22 Q4 FY22 Q1 FY23 (INR crore) A. Opening Balance 66,671 55,997 54,059 B. Additions 6,194 5,780 4,352 Out of which, Fresh Slippages 5,129 4,514 3,266 C. Reductions 9,836 7,717 5,820 Recovery 1,027 2,136 1,740 Upgradation 3,408 1,112 859 Write-Offs 4,660 4,425 3,013

  20. Slide 20: Sectoral & Industry wise Contribution of NPAs

    Sectoral & Industry wise Contribution of NPAs Sector-wise NPA Industry- wise NPA Particulars (INR Particulars Q1 FY22 Q4 FY22 Q1 FY23 Q1 FY22 Q4 FY22 Q1 FY23 crore) (INR crore) Infrastructure of which 7,006 3,576 3,168 Corporate 20,874 14,533 13,323 2,036 1. Power 2,718 1,912 2. Telecom 2,107 2 2 MS

  21. Slide 21: Asset Quality: Sectoral Fresh Slippages

    Asset Quality : Sectoral Fresh Slippages Fresh Slippages CRILC o/s SMA1 and SMA 2 (%) Particulars (INR crore) Q1 FY22 Q4 FY22 Q1 FY23 Corporate 362 2,055 568 MSME 2,180 1,271 1,107 Retail 1,245 466 575 2.68 Agriculture 1,086 636 702 0.44 0.48 Others 28 10 17 Jun-21 Mar-22 Jun-22 Total Domestic 4,901

  22. Slide 22: Exposure to NCLT Accounts

    Exposure to NCLT Accounts 50,003 99.20% 98.36% 34,667 97.79% 97.47% 94.95% 7,779 5,068 2,489 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

  23. Slide 23: Capital Adequacy

    Capital Adequacy © 2022 Bank of Baroda. All Rights Reserved Page | 23

  24. Slide 24: Capital Adequacy

    Capital Adequacy 15.40% 15.55% 15.47% 15.68% 15.46% 16.03% Tier II 2.43% 2.34% 2.34% 2.23% 2.50% 2.49% AT-1 1.82% 1.94% 1.76% 1.67% 1.81% 1.73% CET-1 11.25% 11.39% 11.30% 11.42% 11.24% 11.93% Jun'21 Sep'21 Dec'21 Mar'22 Jun'22 Consol Jun'22 Jun ’22 Particulars (INR crore) Jun ’21 Mar ’22 Jun ’22 (Co

  25. Slide 25: bob World

    bob World © 2022 Bank of Baroda. All Rights Reserved Page | 25

  26. Slide 26: bob World – Engagement leads to more Product Sales

    bob World – Engagement leads to more Product Sales Credit Report for Offers to customers basis customers credit report 37 lakh users have availed the Customized offers to be designed for services 37 lakh users for whom the bank has the credit reports Ability of send push E-commerce – Offer basis not

  27. Slide 27: bob World Statistics

    bob World Statistics App Downloads Activated Users Daily Active Users PL through bob World 39 Million 21.8 Million 3.6 Million 71% With 72 lakhs daily txns (financial & non-financial) %IMPS txns through %Billpay txns through %FDs /RDs opened Market Share* through bob World bob World bob World 90% 81

  28. Slide 28: Digital Milestones

    Digital Milestones © 2022 Bank of Baroda. All Rights Reserved Page | 28

  29. Slide 29: 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 Jun’22 Source: NeSL Jun’22 Source: NeSL May’22 Source: RBI 3rd 3rd 98.83% Rank in Mobile Banking Rank in UPI UPI Remittance Downloads remittance Success Rate Q1 FY23 Jun’22 Source: NPCI

  30. Slide 30: Digital Milestones 2/2

    Digital Milestones….2/2 83% 66% 85% 24% Passbook updates New SHG No of merchants using POS, done digitally Digital FDs Acquisition UPI QR, IPG (Digitally) as of 30.06.2022 as of 30.06.22 as of 30.06.2022 Q1 FY23 59% 37% 48% 39% Credit Card Digitally active MSME Loans MSME Loans sourced digitally cus

  31. Slide 31: Environmental, Social and Governance (ESG)

    Environmental, Social and Governance (ESG) © 2022 Bank of Baroda. All Rights Reserved Page | 31

  32. Slide 32: ESG Initiatives 1/2

    ESG Initiatives…..1/2 Environment Social ➢ -158- branches in rural/semi urban areas are being run on Solar Energy, ➢ SEWA Solar Pumps: Bank finances Solar powered pump sets to thereby reducing the consumption of power and carbon dioxide emissions. individual salt farmers in area of Little Rann of Ku

  33. Slide 33: 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

  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 96% 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 focused on disbursement in ❑ BGSSL total income (PBT) grew by 139% ❑ The gros

  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 Jun ’21 Mar ’22 Jun ’22 Particulars (INR crore) Q1FY22 Q1FY23 YOY (%) CAPITAL & LIABILITIES (INR crore) Capital 1,036 1,036 1,036 Net Interest Income 8,472 9,489 12.0 Share Application Money Pending - - - Allotment Non Interest Income 3,212 1,592 -50.4

  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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