Bank Of Baroda · NSE:BANKBARODA
Bank Of Baroda — Q3 FY2023 Earnings Presentation
42 slides from Bank Of Baroda's earnings presentation, Feb 3, 2023
Slide 1: Performance Analysis Q3 FY 2023
Performance Analysis Q3 FY 2023 1
Slide 2: Major Highlights
Major Highlights © 2023 Bank of Baroda. All Rights Reserved Page | 2
Slide 3: Major Highlights
Major Highlights Business Details (INR crore) Key Performance Drivers Dec 31, 2021 Dec 31, 2022 YoY (%) Net Interest Margin (%) Net Profit (INR crore) Domestic Deposits 8,76,555 10,03,737 14.5 69.9% YoY 24 bps YoY 22 bps YoY International Deposits 1,01,479 1,45,770 43.6 3.37 9,334 Global Deposits 9,
Slide 4: Financial Performance
Financial Performance © 2023 Bank of Baroda. All Rights Reserved Page | 4
Slide 5: Key Ratios
Key Ratios Cost of Deposits Net Interest Margin Domestic Domestic Global International 3.41% 3.54% 3.35% 3.21% 3.08% 4.11% 3.80% 3.90% 4.01% 3.50% 3.59% 3.27% Q3FY22 Q2FY23 Q3FY23 9MFY22 9MFY23 1.33% International 0.46% 2.17% 1.74% 1.86% 1.45% 1.33% Q3FY22 Q2FY23 Q3FY23 Yield on Advances Domestic Gl
Slide 6: Operating Performance
Operating Performance Particulars Q3 FY22 Q2 FY23 Q3 FY23 YOY (%) 9M FY22 9M FY23 YOY (%) (INR crore) Interest on advances 12,631 14,834 17,106 35.4 36,443 44,979 23.4 Interest on investments 4,567 5,442 5,717 25.2 12,851 16,099 25.3 Other Interest income 765 978 717 -6.3 2,413 2,654 10.0 Total Inte
Slide 7: Non-Interest Income
Non-Interest Income Particulars Q3 FY22 Q2 FY23 Q3 FY23 YOY (%) 9M FY22 9M FY23 YOY (%) (INR crore) Commission, Exchange, 743 778 728 -2.0 1,985 2,121 6.9 Brokerage Incidental Charges 287 306 357 24.4 815 955 17.2 Forex Income 60 68 69 15.0 180 200 11.1 Other Miscellaneous Income 317 364 385 21.4 88
Slide 8: Operating Expenses
Operating Expenses Particulars Q3 FY22 Q2 FY23 Q3 FY23 YOY (%) 9M FY22 9M FY23 YOY (%) (INR crore) Employee Cost 3,103 3,183 3,347 7.9 9,276 9,574 3.2 of which: Salaries 2,206 2,347 2,497 13.2 6,884 7,200 4.6 Provisions for employees 897 836 850 -5.2 2,392 2,374 -0.8 Other Operating Expenses 2,485 2
Slide 9: Profit Position
Profit Position Particulars Q3 FY22 Q2 FY23 Q3 FY23 YOY (%) 9M FY22 9M FY23 YOY (%) (INR crore) Operating Profit 5,483 6,031 8,232 50.1 16,754 18,791 12.2 Total Provisions 2,506 1,628 2,404 -4.1 9,266 5,717 -38.3 of which: 4,283 1,654 817 -80.9 9,440 4,031 -57.3 Provision for NPA & Bad Debts Written
Slide 10: Business Performance
Business Performance © 2023 Bank of Baroda. All Rights Reserved Page | 10
Slide 11: Deposits
Deposits Particulars % share in Domestic Deposits in Dec’ 22 Dec’21 Dec’22 YOY (%) Sep’22 Dec’22 QOQ (%) (INR crore) Domestic CASA Deposits 3,88,169 4,17,812 7.6 4,10,151 4,17,812 1.9 Savings Deposits Domestic Saving 35% 3,22,909 3,52,620 9.2 3,45,278 3,52,620 2.1 Deposits Domestic Current Term 65,2
Slide 12: Advances
Advances Particulars Dec’21 Dec’22 YOY (%) Sep’22 Dec’22 QOQ (%) % share in Gross Domestic Credit in Dec’22 (INR crore) Retail* 1,28,960 1,66,861 29.4 1,58,506 1,66,861 5.3 Agriculture 15.7% Home Loans* 76,898 91,989 19.6 88,398 91,989 4.1 Auto Loans* 23,384 29,821 27.5 28,301 29,821 5.4 Mortgages L
Slide 13: Industry-wise Outstanding
Industry-wise Outstanding Dec'21 Dec'22 Particulars (INR crore) Outstanding Share (%) Outstanding Share (%) Infrastructure of which 97,577 14.9 1,06,813 14.0 Rating Profile 1. Power 45,112 6.9 51,084 6.7 2. Telecom 11,088 1.7 7,999 1.1 3. Roads & Ports 26,651 4.1 34,505 4.5 4. Other Infrastructure 1
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’22 Dec’22 Outstanding Outstanding 12% 11% % Share % Share (INR crore) (INR crore) Pvt others AAA 75,724 68.05 92,139 72.14 46% Backed by Large AA 26,0
Slide 15: Treasury Operations
Treasury Operations Particulars • Domestic investment book comprises of 67.56% in HTM; 32.35% in Dec ’21 Sep ’22 Dec ’22 AFS and 0.09% in HFT. (INR crore) • The percentage of Investments in SLR Securities to NDTL at Dec Domestic Investments 2,94,923 3,39,667 3,39,674 31, 2022 was at 28.33%. of which
Slide 16: Financial Inclusion
Financial Inclusion Total Financial Inclusion Accounts Balance /Avg Balance in FI accounts (in Lakh) Zero Balance Accounts (%) 28,356 29,927 668 25,158 5.50% 5.40% 5.36% 661 632 3,980 4,290 4,482 Dec'21 Sep'22 Dec'22 Dec'21 Sep'22 Dec'22 Market Share* of BOB in PMJDY Accounts (%) Dec'21 Sep'22 Dec'2
Slide 17: Asset Quality
Asset Quality © 2023 Bank of Baroda. All Rights Reserved Page | 17
Slide 18: Movement of NPAs
Movement of NPAs Particulars Q3 FY22 Q2 FY23 Q3 FY23 9M FY22 9M FY23 (INR crore) A. Opening Balance 59,504 52,591 46,374 66,671 54,059 B. Additions 3,491 4,465 2,881 11,989 9,661 Out of which, Fresh Slippages 2,830 3,479 2,172 9,986 6,982 C. Reductions 6,998 10,682 7,397 22,663 21,862 Recovery 2,032
Slide 19: Sectoral & Industry wise Contribution of NPAs
Sectoral & Industry wise Contribution of NPAs Sector-wise NPA Industry-wise NPA Particulars (INR crore) Q3 FY22 Q2 FY23 Q3 FY23 Particulars (INR crore) Q3 FY22 Q2 FY23 Q3 FY23 Infrastructure of which 4,675 3,165 1,571 Corporate 16,389 9,371 7,514 1. Power 2,771 1,966 429 MSME 13,320 12,038 10,698 2.
Slide 20: Asset Quality : Sectoral Fresh Slippages
Asset Quality : Sectoral Fresh Slippages Fresh Slippages CRILC o/s SMA1 and SMA 2 (%) Particulars (INR crore) Q3 FY22 Q2 FY23 Q3 FY23 9M FY22 9M FY23 Corporate 602 568 13 3,755 1,107 MSME 1,013 887 836 2,655 2,054 Retail 501 585 551 1,313 1,154 Agriculture 615 658 723 1,932 1,733 1.12 0.42 0.40 Othe
Slide 21: Exposure to NCLT Accounts
Exposure to NCLT Accounts 51,459 99.30% 99.20% 37,737 98.55% 98.48% 98.39% 5,067 6,173 2,482 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
Slide 22: Capital Adequacy
Capital Adequacy © 2023 Bank of Baroda. All Rights Reserved Page | 22
Slide 23: Capital Adequacy
Capital Adequacy 15.47% 15.68% 15.46% 15.25% 14.93% 15.44% Tier II 2.23% 2.50% 2.49% 2.44% 2.31% 2.26% AT-1 1.94% 1.76% 1.73% 1.73% 1.86% 1.79% CET-1 11.30% 11.42% 11.24% 10.95% 10.83% 11.45% Dec'21 Mar'22 Jun'22 Sep'22 Dec'22 Consol Dec'22 Particulars (INR crore) Dec ’21 Sep ’22 Dec ’22 Dec ’22 (Co
Slide 24: bob World
bob World © 2023 Bank of Baroda. All Rights Reserved Page | 24
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 55 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
Slide 26: bob World Statistics
bob World Statistics App Downloads Activated Users Daily Active Users PL through bob World 50 Million 27.3 Million 4.1 Million 89% With 86 lakhs daily txns (financial & non-financial) %IMPS txns through %Billpay txns through %FDs /RDs opened Market Share* through bob World bob World bob World 69% 81
Slide 27: Digital Milestones
Digital Milestones © 2023 Bank of Baroda. All Rights Reserved Page | 27
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 Dec’22 Source: NeSL Dec’22 Source: NeSL Dec’22 Source: RBI 2nd 3rd 95.13% Rank in Mobile Banking Rank in UPI UPI Remittance Downloads remittance Success Rate Q3 FY23 Dec’22 Source: NPCI
Slide 29: Digital Milestones 2/2
Digital Milestones….2/2 87% 66% 97% 29% Passbook updates New SHG No of merchants using POS, done digitally Digital FDs Acquisition UPI QR, IPG (Digitally) as of 31.12.2022 Q3 FY23 as of 31.12.2022 as of 31.12.2022 42% 37% 46% 46% Credit Card Digitally active MSME Loans Digital MSME sourced digitally
Slide 30: Increasing Operating Leverage - Deploying Digital Platforms
Increasing Operating Leverage - Deploying Digital Platforms 10,000 85,000 Number of Branches & Employees 84,000 Mar-20 Dec-22 83,577 9,482 83,000 9,500 46% Retail assets (lakh crore) 1.2 1.8 82,209 82,000 Retail deposits (lakh crore) 6.9 8.3 19% 81,000 9,000 80,000 Total Retail Business (lakh crore)
Slide 31: Environmental, Social and Governance (ESG)
Environmental, Social and Governance (ESG) © 2023 Bank of Baroda. All Rights Reserved Page | 31
Slide 32: ESG Initiatives 1/2
ESG Initiatives…..1/2 Environment Social -170- 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
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
Slide 34: Green Initiatives – 'Plant a Tree Programme'
Green Initiatives – ‘Plant a Tree Programme’ The Bank launched ‘Plant a Tree Programme’ wherein the Bank plants a fruit bearing tree on behalf of its customers for every Auto Loan or Home Loan disbursed. Bank has joined hands with the SankalpTaru Foundation, an NGO that is focused on ‘Planting t
Slide 35: Employee Engagement – 'Wellness Month'
Employee Engagement – ‘Wellness Month’ Focus on Health and Wellness is a part of the Bank’s ‘Policy on Employee Engagement’. As a part of one of the initiatives for encouraging and motivating employees for maintaining good health Bank observed November month as ‘Wellness Month’ and 4th Saturday of
Slide 36: Consolidated Financials
Consolidated Financials © 2023 Bank of Baroda. All Rights Reserved Page | 36
Slide 37: 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 33% in Number of Ca
Slide 38: 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 BGSSL total income grew by 159.15% YoY . The gross rev
Slide 39: Overseas Subsidiaries and JVs performance
Overseas Subsidiaries and JVs performance Bank of Baroda (Uganda) Ltd. Bank of Baroda (Kenya) Ltd. Bank of Baroda (UK) Ltd. (Subsidiary Holding – 80%) (Subsidiary Holding – 86.7%) (Subsidiary Holding – 100%) Total Deposits of Bank of Baroda (Uganda) Total Deposits of Bank of Baroda (Kenya) stood
Slide 40: Balance Sheet and PL– Consolidated
Balance Sheet and PL– Consolidated Particulars Particulars Dec ’21 Sep ’22 Dec ’22 Q3FY22 Q3FY23 YOY (%) (INR crore) (INR crore) CAPITAL & LIABILITIES Net Interest Income 8,922 11,572 29.7 Capital 1,036 1,036 1,036 Share Application Money Pending Non Interest Income 3,351 5,619 67.7 0 0 0 Allotment
Slide 41: 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 42: Thank You
Thank You Try bob World Scan QR code to download © 2023 Bank of Baroda. All Rights Reserved Page | 42