Bank Of Baroda · NSE:BANKBARODA
Bank Of Baroda — Q3 FY2019 Earnings Presentation
72 slides from Bank Of Baroda's earnings presentation, Jan 29, 2019
Slide 1: Performance Analysis Q3 FY 2019
January 29, 2019 Performance Analysis Q3 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: Major Highlights
Major Highlights © 2019 Bank of Baroda. All Rights Reserved Page | 4
Slide 5: Major Highlights
Major Highlights Fifth consecutive quarter of 15% plus domestic credit growth. Domestic Y-o-Y credit growth on terminal 1 and average basis at 21.13% and 23.34% respectively. Retail loans increased by 32.58% led by home and auto loans at 33.93% and 50.61% respectively. Net Interest Income (NII) incr
Slide 6: Key drivers for improvement in Operating Performance
Key drivers for improvement in Operating Performance Particulars Q3 FY 18 Q2 FY 19 Q3 FY 19 YOY (%) QOQ(%) (INR crore) Net Interest Income (NII) 4,068 4,492 4,744 16.62 5.61 Customer Fee Income 886 961 942 6.32 (1.98) Customer Revenues (NII + Fee Income) 4,954 5,453 5,686 14.78 4.27 Other Non-Intere
Slide 7: Snapshot as on December 31,2018
Snapshot as on December 31,2018 Results for Q3 FY 19 Ratios for Q3 FY 19 Amount in Change % Key Performance Ratio (%) Performance Parameter INR crore (YOY) Total Deposits 6,10,569 6.51 Return on Assets (annualised) 0.25% Net Advances 4,48,679 12.34 Capital Adequacy Ratio (Standalone) 11.67% (Basel I
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% 16.38% 11,765 4,797 1,169 2,868 2,281 1,764 Dec'17 Mar'18 Jun'18 Sep'18 Dec'18 Dec'17 Mar'18 Jun'18 Sep'18 Dec'18 Fresh Slippages ILFS • Continuous credit growth registered with an average growth of 19.
Slide 9: Domestic BoB-Market Share- Deposits & Advances
Domestic BoB-Market Share- Deposits & Advances 4.14 4.13 4.10 4.07 4.07 4.06 4.05 3.98 3.99 3.98 3.98 3.92 3.92 3.89 3.78 Dec '17 Mar '18 Jun '18 Sep '18 Dec'18 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 Dec’17 Mar’18 Sep’18 Dec’18 YOY (%) QOQ (%) (INR crore) Total Business 9,72,645 10,18,747 10,40,522 10,59,248 8.90 1.80 Domestic Business 7,34,446 7,91,213 8,21,822 8,48,743 15.56 3.28 Total Deposits 5,73,265 5,91,315 6,06,973 6,10,569 6.51 0.5
Slide 12: Business Performance (2/2)
Business Performance (2/2) Average Figures* Particulars Dec’17 Mar’18 Sep’18 Dec’18 YOY (%) QOQ (%) (INR crore) Total Business 9,80,110 10,01,778 10,21,938 10,58,580 8.01 3.59 Domestic Business 7,38,738 7,54,043 8,05,640 8,52,341 15.38 5.80 Total Deposits 5,72,759 5,75,114 5,81,778 5,95,618 3.99 2.3
Slide 13: Sustained CASA Growth
Sustained CASA Growth Terminal Figures Average Figures* 205,392 214,407 213,633 203,597 211,779 200,579 206,545 194,914 198,487 189,054 198,396 187,415 195,972 184,814 192,323 181,044 188,374 175,500 171,490 179,911 Dec'17 Mar ’18 Jun'18 Sep’18 Dec'18 Dec'17 Mar'18 Jun'18 Sep'18 Dec'18 Domestic CASA
Slide 14: Cost of Deposits
Cost of Deposits 5.31% 5.37% 5.34% 5.25% 5.28% 4.75% 4.52% 4.58% 4.43% 4.50% Dec'17 Mar'18 Jun ’18 Sep'18 Dec'18 Domestic Deposits Global Deposits © 2019 Bank of Baroda. All Rights Reserved Page | 14
Slide 15: Credit Portfolio- well diversified
Credit Portfolio- well diversified % share in Gross Domestic Credit in Dec’ 18 Particulars YOY QOQ Others (incl LABOD Dec’17 Mar’18 Sep’18 Dec’18 Agriculture (INR crore) (%) (%) 14% & Staff loans) 4% Corporate 1,45,483 1,60,918 1,71,022 1,75,612 20.71 2.68 Retail (excl MSME 52,028 51,730 52,649 54,4
Slide 16: Steady Retail Loan Growth
Steady Retail Loan Growth Retail Credit – By Segment (INR crore) Percentage Growth in Retail and Home loans 80,722 76,252 48.20% 44.33% 68,765 39.76% 19,201 34.84% 33.93% 17,962 33.48% 33.55% 32.58% 60,886 16,284 2,343 2,285 7,859 15,257 6,660 2,043 5,727 2,093 5,218 49,345 51,319 44,711 38,318 Dec'
Slide 17: Average Ticket Size
Average Ticket Size Amount in INR lakh 9M, FY 18 vs 9M, FY 19 Q3 FY 18 vs Q3 FY 19 23.07 24.59 18.08 13.21 18.73 11.38 6.03 8.06 6.10 2.31 2.39 6.40 5.59 5.63 1.89 1.91 Personal Loan Auto Loan Education Loan Housing Loan Personal Loan Auto Loan Education Loan Housing Loan 9M, FY 18 9M, FY 19 Q3 FY 1
Slide 18: 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 Dec. 2018 April 2016 to Dec. 2018 9% 8% 0% 7% 5% 30% 40% 8% 11% 76% 19% 87% 760 + 725-760 <725 -1 and 0 760 + 725-760 <725 -1 and 0 760 +
Slide 19: MSME Portfolio CIBIL–CMR Rank-wise as on 31.12.2018
MSME Portfolio CIBIL –CMR Rank-wise as on 31.12.2018 100.0% NPA Percentage CMR rank wise 100.0% Standard Portfolio Distribution %- CMR Rank NPA Portfolio Size – Standard Portfolio Size – Sep’18 – INR 4,939 Cr Sep’18 – INR 21,187 Cr 100.0% Dec’18 - INR 5,157 Cr Dec’18 - INR 25,781 Cr 96.1% 98.3% 93.3
Slide 20: Composition of MSME Portfolio
Composition of MSME Portfolio Standard SMA 1 & 2 NPA 85.79% 85.80% 16.16% 9.59% 14.38% 11.83% 11.20% 6.86% 78.76% 74.25% 3.00% 2.38% Dec'17 Mar'18 Sep'18 Dec'18 Dec'17 Mar'18 Sep'18 Dec'18 Dec'17 Mar'18 Sep'18 Dec'18 • NPA & SMA portfolio have consistently shown a decline. • NPA witnessed decline of
Slide 21: Further enhancing our focus in the MUDRA portfolio
Further enhancing our focus in the MUDRA portfolio would be a key lever of sustainable growth in the lower sanction buckets of our MSME portfolio Enhanced focus on Mudra Portfolio for BoB BoB is growing ~2X the market in the Mudra Portfolio… (INR ‘000 Crore) We are driving strategic focus at a zone
Slide 22: MSME Initiatives
MSME Initiatives • Leveraging Risk Based Pricing for MSME loans up to Rs. 5 Cr. linked with security & Credit Bureau CMR score. • Leveraging Value Chain Financing (VCF). Targeting suppliers of Anchor OEMs. • Set up Centralized Sales Force & Centralized Monitoring Team to lead the sales / monitoring
Slide 23: Improving Rating Profile
Improving Rating Profile Incremental data from Mar 16 to Dec 18 29.26% 50.42% 52.37% 55.70% 58.75% 63.47% 14.45% 13.49% 19.42% 14.90% 15.35% 14.26% 13.11% 22.80% 19.72% 19.48% 15.75% 36.87% 9.03% 13.29% 13.01% 9.47% 11.24% 14.39% Dec' 17 Mar'18 Sep'18 Dec'18 Mar'16 Origination Apr'16 to Dec'18 A & A
Slide 24: Capital optimization in Corporate Book
Capital optimization in Corporate Book 60% 49% 48% 45% 44% 12% 12% 11% 12% 8% Dec'17 Mar'18 Jun ’18 Sep'18 Dec'18 RWA to Coporate Exposure ratio Ratio of RWA to Un-utilised Exposures © 2019 Bank of Baroda. All Rights Reserved Page | 24
Slide 25: Industry-wise Exposure
Industry-wise Exposure Dec’17 Mar’18 Sep’18 Dec’18 Industry (INR crore) Outstanding % share Outstanding % share Outstanding % share Outstanding % share Infrastructure of which 35,014 11.12 33,511 9.54 32,874 9.00 31,853 8.38 1. Power of which 20,980 6.66 20,506 5.84 19,426 5.32 19,996 5.26 a) SEBs 1
Slide 26: Segment wise breakup of NBFC exposure
Segment wise breakup of NBFC exposure Particulars (INR crore) Mar ’18 Jun ’18 Sep ’18 Dec’18 Asset Finance Company (AFC) 9,388 8,935 8,596 8,940 Housing Finance Company (HFC) 22,011 25,398 26,272 26,424 Infrastructure Finance Company 1,772 1,740 1,715 1,679 NBFC - PSU 3,044 5,265 9,540 8,676 Micro F
Slide 27: Yield on Advances
Yield on Advances 9.11% 8.68% 8.68% 8.56% 8.47% 7.71% 7.46% 7.41% 7.34% 7.09% Dec' 17 Mar' 18 Jun' 18 Sep' 18 Dec'18 Domestic Global © 2019 Bank of Baroda. All Rights Reserved Page | 27
Slide 28: Financial Inclusion (1/2)
Financial Inclusion (1/2) Total Financial Inclusion Accounts (in Lakh) Balance/ Average Balance in Financial Inclusion 357 accounts 11,316 345 10,665 9,689 9,898 8,599 325 312 299 3,105 3,045 2,875 3,091 3,169 Dec '17 Mar '18 Jun '18 Sep '18 Dec'18 Dec '17 Mar '18 Jun' 18 Sep '18 Dec'18 Balance in F
Slide 29: Financial Inclusion (2/2)
Financial Inclusion (2/2) Social Security Schemes Enrolment up to Particulars (in Lakh) Dec ’17 Mar ’18 Jun ’18 Sep ’18 Dec ’18 Pradhan Mantri Suraksha Bima Yojana 58.71 59.52 61.13 70.95 84.82 Pradhan Mantri Jeevan Jyoti Bima Yojana 17.86 18.14 18.66 20.44 23.86 Atal Pension Yojana 5.46 6.33 6.88 8
Slide 30: Treasury operations
Treasury operations Particulars Dec ’17 Mar ’18 Sep’18 Dec’18 • Domestic investment book comprises of 56.69% in (INR crore) Domestic HTM; 42.84% in AFS and 0.47% in HFT. 1,56,007 1,55,514 1,76,997 1,75,077 Investments • The percentage of SLR Securities to NDTL at of which 1,40,352 1,34,810 1,52,621
Slide 31: Yield on Investment
Yield on Investment 7.59% 7.43% 7.48% 7.36% 7.36% 7.37% 7.26% 7.20% 7.13% 7.10% Dec' 17 Mar' 18 Jun'18 Sep'18 Dec'18 Domestic Global Note : Yield calculated on interest bearing investments. © 2019 Bank of Baroda. All Rights Reserved Page | 31
Slide 32: Business Performance-International
Business Performance-International Particulars Dec’17 Mar’18 Sep’18 Dec’18 YOY (%) QOQ (%) (INR crore) Terminal Figures Total Business 2,38,199 2,27,534 2,18,700 2,10,505 (11.63) (3.75) Total Deposits 1,29,796 1,24,341 1,22,815 1,14,298 (11.94) (6.93) CASA Deposits 18,576 19,456 18,435 15,237 (17.97
Slide 33: Cluster wise Business of Overseas branches
Cluster wise Business of Overseas branches 2.55% 2.56% 1.80% 1.79% 1.81% 12.45% 11.96% 11.65% 10.99% 12.72% 22.13% 17.01% 22.36% 21.86% 23.80% 24.91% 27.05% 32.72% 30.96% 32.36% 37.73% 36.58% 35.74% 31.79% 32.72% Dec '17 Mar '18 Jun '18 Sep '18 Dec'18 America GCC European East Asia and Far East Afri
Slide 34: Breakup of Advances -International
Breakup of Advances -International Particulars As % of As % of As % of Dec’17 Total Mar’18 Total Dec’18 Total (INR Crores) Advances Advances Advances Buyer’s Credit 47,297 41.29% 38,336 34.76% 4,401 4.26% New Trade Credit (Supplier’s credit/ UPAS) -- -- -- -- 12,971 12.54% BP / BD under LCs and Adva
Slide 35: 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 crore) Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Total Exchange rate 65.285 63.875 65.175 68.47 72.485 69.775 1. Rationalizat
Slide 36: Key Ratios - International Operations
Key Ratios - International Operations 4.62% 3.82% 3.54% 2.90% 2.88% 3.26% 3.20% 3.06% 2.70% 2.73% 2.07% 1.70% 1.76% 1.54% 1.37% 1.99% 1.66% 1.49% 1.06% 1.14% Dec' 17 Mar' 18 Jun'18 Sep'18 Dec'18 Cost of Deposits (%) Yield on advances (%) Net Interest Margin (%) Yield on Investments (%) • NIM of Inte
Slide 37: Financial Performance
Financial Performance © 2019 Bank of Baroda. All Rights Reserved Page | 37
Slide 38: Net Interest Margin (%)
Net Interest Margin (%) 3.31% * 2.97% 2.92% 2.93% 2.83% 2.80% 2.77% * 2.65% 2.81% 2.61% 2.51% 2.69% * 2.52% 2.43%* Dec '17 Mar '18 Jun '18 Sep '18 Dec'18 Domestic Global * Excluding exceptional items © 2019 Bank of Baroda. All Rights Reserved Page | 38
Slide 39: Customer Revenues & Operating Performance
Customer Revenues & Operating Performance Particulars Q3 FY 18 Q2 FY 19 Q3 FY 19 YOY (%) 9M, FY 18 9M, FY 19 YOY (%) (INR crore) Interest Income 10,977 12,078 12,942 17.90 32,283 36,660 13.56 Interest Expenses 6,909 7,586 8,198 18.66 21,090 23,043 9.26 Net Interest Income (NII) 4,068 4,492 4,744 16.
Slide 40: Interest Income & Expenses
Interest Income & Expenses Particulars Q3 FY 18 Q2 FY 19 Q3 FY 19 YOY (%) 9M, FY 18 9M, FY 19 YOY (%) (INR crore) Interest on advances 7,533 8,218 9,000 19.47 21,613 25,205 16.62 Interest on investments 2,721 3,220 3,316 21.87 7,639 9,533 24.79 Other Interest income 723 640 626 (13.42) 3,031 1,922 (
Slide 41: Non-Interest Income
Non-Interest Income Particulars Q3 FY 18 Q2 FY 19 Q3 FY 19 YOY (%) 9M, FY 18 9M, FY 19 YOY (%) (INR crore) Commission, Exchange, Brokerage 427 534 461 7.96 1,281 1,444 12.72 Incidental Charges 160 155 159 (0.63) 422 462 9.48 Other Miscellaneous Income 175 167 216 23.43 492 553 12.40 Customer Forex I
Slide 42: Operating Expenses
Operating Expenses Particulars (INR crore) Q3 FY 18 Q2 FY 19 Q3 FY 19 YOY (%) 9M, FY 18 9M, FY 19 YOY (%) Employee Cost 1,110 1,222 1,304 17.48 3,338 3,626 8.63 of which: Salaries 1,021 1,088 1,107 8.42 3,046 3,247 6.60 Provisions for employees 89 134 197 121.35 292 379 29.79 Other Operating Expense
Slide 43: Profit Position
Profit Position Particulars Q3 FY 18 Q2 FY 19 Q3 FY 19 YOY (%) 9M, FY 18 9M, FY 19 YOY (%) (INR crore) Operating Profit 3,650 3,082 3,539 (3.04) 9,340 9,626 3.06 Total Provisions 3,538 2,657 3,067 (13.31) 8,669 8,201 (5.40) of which Provision for NPA & Bad Debts 3,155 1,467 3,416 8.27 7,159 6,642 (7
Slide 44: Asset Quality
Asset Quality © 2019 Bank of Baroda. All Rights Reserved Page | 44
Slide 45: Movement in NPAs
Movement in NPAs Particulars Q3 FY 18 Q4 FY 18 FY 18 Q1 FY 19 Q2 FY 19 Q3 FY 19 9M, FY 19 (INR crore) A. Opening Balance 46,307 48,480 42,719 56,480 55,875 55,121 56,480 B. Additions 5,630 12,569 24,239 4,733 3,751 3,733 11,141 Out of which, Fresh 4,797 11,765 21,091 2,868 2,281 2,933 7,647 Slippage
Slide 46: Provision Coverage Ratio
Provision Coverage Ratio Particulars Dec’17 Mar’18 Jun’18 Sep’18 Dec’18 Gross Advances (INR crore) 4,28,718 4,60,744 4,48,327 4,67,893 4,82,999 Gross NPA (INR crore) 48,480 56,480 55,875 55,121 53,184 Outstanding Provisions on NPAs/ Eligible 28,628 32,997 33,491 34,062 34,054 deductions (INR crore)
Slide 47: Sectoral & Industry wise Contribution of NPAs
Sectoral & Industry wise Contribution of NPAs Particulars Industry (INR crore) Dec’17 Mar ’18 Sep’18 Dec’18 Dec’17 Mar’18 Sep’18 Dec’18 (INR crore) Infrastructure of which 4,790 8,941 9,140 9,123 Corporate 23,315 30,792 31,578 30,801 1. Power 1,862 4,007 3,881 3,525 2. Telecom 2,008 3,690 4,020 4,02
Slide 48: Exposure to NCLT accounts
Exposure to NCLT accounts 23,654 76.10% 75.93% 72.68% 72.96% 70.93% 11,660 3,910 3,839 4,244 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 49: Asset Quality – Watch list
Asset Quality – Watch list 8,500 INR in crore All stressed accounts under SMA included in the watch list. 3,983 86% slippage in December 2018 quarter was from watch list of September 2018. 450 123 1,363 2,581 Watch list as on December 31,2018 Power Road & EPC Iron & Steel Textile Others © 2019 B
Slide 50: Movement of portfolio under SMA
Movement of portfolio under SMA 4.00% 3.40% 1.42% 2.35% 1.30% 1.43% 0.94% 1.00% 1.19% 1.45% Dec' 17 Mar' 18 Jun' 18 Sep'18 Dec'18 Dec' 17 Mar' 18 Jun' 18 Sep'18 Dec'18 Percentage of SMA2 movement with total advances Percentage of SMA1 movement with total advances • The SMA data shown is for global a
Slide 51: Capital Adequacy & Shareholding
Capital Adequacy & Shareholding © 2019 Bank of Baroda. All Rights Reserved Page | 51
Slide 52: Adequacy
Adequacy 11.55% 12.13% 11.88% 11.67% 1.67% Tier II 1.63% 1.81% 2.03% AT-1 Tier I 1.23% 1.20% 1.24% 1.21% CET-1 10.46% 10.25% 9.86% 9.52% 9.23% 9.05% 8.65% 8.28% Dec '17 Mar '18 Sep'18 Dec'18 Particulars (INR crore) Dec’17 Mar’18 Sep’18 Dec’18 Common Equity Tier I Capital (CET 1) 34,609 37,646 37,946
Slide 53: Shareholding Pattern as on December 31, 2018
Shareholding Pattern as on December 31, 2018 Corporate Bodies, 1.69% As on December 31, 2018 Indian Public & Others, 6.86% Foreign Holding Share Capital: INR 529.10 crore 9.85% Insurance GOI Holding: INR 337.26 crore Companies, 4.03% Mutual Funds, Equity shares of Bank of Baroda are part of th
Slide 54: Strengths & Initiatives
Strengths & Initiatives © 2019 Bank of Baroda. All Rights Reserved Page | 54
Slide 55: Key Strengths
Key Strengths Strong domestic presence through 5,546 branches & Well distributed branch network with 33% coverage in Rural, 9,661ATMs 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 presenc
Slide 56: Pan India Presence
Pan India Presence Domestic Branch Network ATM Network 5,422 5,467 5,534 5,546 1,812 1,833 1,842 1,843 1,523 1,537 1,538 1,541 921 930 954 958 1,166 1,167 1,200 1,204 Mar'17 Mar'18 Sep'18 Dec'18 Rural Semi Urban Urban Metro Bank had 346 e-lobbies, with 24*7 facilities for cash withdrawal, cash depos
Slide 57: International Presence spanning 101 overseas offices across 21 countries
International Presence spanning 101 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 58: Digital Footprint
Digital Footprint 15.72% 27.59% Digital Network POS/ECOM Mobile Banking (F+NF) 8269 (YOY growth) (YOY growth) 1392 1006 573 82.14% ATM Cash Recycler E-lobbies (Incl Active Debit UPI Outward txns express E- Card (in lac) (YOY growth) lobbies) NEFT Recent Product Suite Credit Card RTGS 1% 8% 1% AEPS N
Slide 59: Credit cards-Growing Momentum: New Issuance & Spends
Credit cards-Growing Momentum: New Issuance & Spends New cards issued Spends– By Amount (in INR crore) 332 40,145 266 251 22,638 9,306 Q1 FY 19 Q2 FY 19 Q3 FY 19 Q1 FY 19 Q2 FY 19 Q3 FY 19 • New cards issuance growth is at twice the industry • 20% growth in Q3 over Q2. An over 25% growth rate growth
Slide 60: Progress on new Initiatives
Progress on new Initiatives Cash Management services-Revenue Supply Chain Finance Accelerating Business Momentum 14.36 • 31+ Anchor Clients Signed-up & Live 2017-18 2018-19 11.12 11.02 • Approved Limits of INR 15,000 crores + Fees (in crores) 8.09 • 15+ New to Bank Large Anchor Customers 5.34 • 100
Slide 61: Bank is pivoting to a data led organization
Bank is pivoting to a data led organization to prepare itself for the future and drive business growth ENABLING A DATA DRIVEN ORGANIZATION EARLY BENEFITS DELIVERED Technology Analytics • 5x increase in conversion rate of retail cross sell 1 2 campaigns • Scalable Big Data Lake platform • Cross sell
Slide 62: Fintech Initiatives
Fintech Initiatives The Fintech Alliance is 30+ partnerships strong with major collaboration announcements in pipeline The Fintech Triumvirate Lending to retail customers, e-commerce sellers, MSME lending, Bill discounting etc. Payments Blockchain Information as a service GST Accounting Software Hac
Slide 63: Fintech Initiatives: Contactless Underwriting
Fintech Initiatives : Contactless Underwriting About the Initiative Sourcing Channels • SIDBI group along with -5- PSBs operationalised MSME contactless loan platform - www.psbloansin59minutes.com. • Online marketplace, enables In-principle approval for MSME loans in 59 minutes. • Loans are processe
Slide 64: Consolidated Financials
Consolidated Financials © 2019 Bank of Baroda. All Rights Reserved Page | 64
Slide 65: Subsidiaries, Joint Ventures and Associates
Subsidiaries, Joint Ventures and Associates Domestic Subsidiaries, Joint Ventures Proportion of International Subsidiaries, Joint Proportion of and Associates Ownership Ventures and Associates Ownership Subsidiaries Subsidiaries BOB Financial Solutions Limited 100.00% Bank of Baroda (Botswana) Limit
Slide 66: Balance Sheet – Consolidated
Balance Sheet – Consolidated Particulars Dec’17 Mar’18 Sep’18 Dec’18 (INR crore) CAPITAL & LIABILITIES Capital 462 530 530 530 Reserves & Surplus 43,184 46,036 48,177 48,397 Minority Interest 258 273 293 331 Deposits 5,88,753 6,07,451 6,24,510 6,36,844 Borrowings 47,330 64,860 68,916 70,401 Other Li
Slide 67: Profit & Loss – Consolidated
Profit & Loss – Consolidated Particulars Q3 FY 18 Q2 FY 19 Q3 FY 19 YOY (%) 9M, FY 18 9M, FY 19 YOY (%) (INR crore) Net Interest Income 4,801 4,875 5,190 8.11 12,621 14,807 17.32 Non Interest Income 1,974 1,804 2,045 3.58 5,768 5,309 (7.96) Fee Income 459 571 502 9.45 1,379 1,555 12.79 Premium Incom
Slide 68: Capital Adequacy - Consolidated
Capital Adequacy - Consolidated Key ratios (Consolidated) Dec’17 Mar’18 Sep’18 Dec’18 Common Equity Tier I Capital (CET 1) (INR crore) 38,969 42,348 42,580 42,026 Tier I (INR crore) 44,191 47,352 47,588 47,035 Tier II (INR crore) 8,417 6,715 6,720 7,446 Total Capital (INR crore) 52,608 54,067 54,309
Slide 69: Awards and Accolades (1/2)
Awards and Accolades (1/2) Shri P S Jayakumar, MD & CEO receiving Bank was awarded “Best Bank in Supply Bank was awarded APY "RISE “Inclusive Finance India Award-Best Bank” Chain Finance” by Institute of Supply ABOVE REST CAMPAIGN” Award by in Priory Sector Lending for innovation & Chain Manag
Slide 70: Awards and Accolades (2/2)
Awards and Accolades (2/2) Bank was awarded 02nd Prize in the Bank was awarded “Best PSU Bank Bank was awarded "Best performing under MSME & AGRICULTURE Bank Award” under campaign of "Makers Equity – IPO/FPO Bids for FY 2017-18 in High Volume Category in primary Market finance in GUJARAT state
Slide 71: 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 72: Thank You
Thank You © 2019 Bank of Baroda. All Rights Reserved Page | 72