Bank Of Baroda · NSE:BANKBARODA

Bank Of Baroda — Q1 FY2022 Earnings Presentation

33 slides from Bank Of Baroda's earnings presentation, Aug 7, 2021

  1. Slide 1: Performance Analysis Q1 FY2022

    Performance PerformanceAnalysis Analysis Q3 Q1FY FY2020 2022 Jan 24, 2020

  2. Slide 2: Major Highlights

    Major Highlights © 2021 Bank of Baroda. All Rights Reserved Page | 2

  3. Slide 3: Major Highlights

    Major Highlights Business Details (INR crore) Key performance drivers Jun 30, 2020 Jun 30, 2021 YoY Domestic CASA Ratio (%) Net Interest Income CASA Deposits 3,21,229 3,62,038 12.71 (INR crore) 372 bps YoY 15.8% YoY Domestic Current 47,625 57,694 21.14 4.5% YoY Deposits 43.21 7,892 42.87 Domestic Sa

  4. Slide 4: Financial Performance

    Financial Performance © 2021 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 2.96% 3.12% 2.88% 2.73% 2.59% 4.95% 4.42% 4.27% 4.10% 3.92% 4.48% 3.99% 3.85% Jun'20 Sep'20 Dec'20 Mar'21 Jun'21 3.71% 3.55% International 1.35% 0.97% 0.81% 1.57% 0.63% 0.50% 1.43% 1.28% 1.21% Jun'20 Sep'20 Dec'20 Mar

  6. Slide 6: Operating Performance

    Operating Performance Particulars Q1 FY 21 Q4 FY 21 Q1 FY 22 YOY (%) (INR crore) Interest on advances 13,079 11,749 12,168 -6.97 Interest on investments 4,515 4,133 4,071 -9.83 Other Interest income 900 803 813 -9.67 Total Interest Income 18,494 16,685 17,053 -7.79 Interest on Deposits 10,511 8,614

  7. Slide 7: Non-Interest Income

    Non-Interest Income Particulars Q1 FY 21 Q4 FY 21 Q1 FY 22 YOY (%) (INR crore) Commission, Exchange, 493 715 533 8.11 Brokerage Incidental Charges 176 293 241 36.93 Other Miscellaneous Income 199 587 288 44.72 Forex Income 309 303 445 44.01 Total Fee Income 1,177 1,899 1,506 27.95 Dividend Income 6

  8. Slide 8: Operating Expenses

    Operating Expenses Particulars Q1 FY 21 Q4 FY 21 Q1 FY 22 YOY (%) (INR crore) Employee Cost 2,520 3,125 3,059 21.39 of which: Salaries 2,119 2,461 2,353 11.04 Provisions for employees 401 664 706 76.06 Other Operating Expenses 2,073 2,564 2,095 1.06 of which : 314 417 299 -4.78 Rent, Taxes and Light

  9. Slide 9: Profit Position

    Profit Position Particulars Q1 FY 21 Q4 FY 21 Q1 FY 22 YOY (%) (INR crore) Operating Profit 4,042 6,266 5,707 41.20 Total Provisions 5,350 3,586 4,112 -23.14 of which Provision for NPA & Bad 3,458 4,593 2,557 -26.06 Debts Written-off Provision for Standard 1,811 -1,663 1,055 -41.74 Advances Provisio

  10. Slide 10: Business Performance

    Business Performance © 2021 Bank of Baroda. All Rights Reserved Page | 10

  11. Slide 11: Deposits

    Deposits Particulars Jun’20 Mar’21 Jun’21 YOY (%) % share in Domestic Deposits in Jun’ 21 (INR crore) Savings Domestic CASA Deposits 3,21,229 3,68,027 3,62,044 12.71 Deposits 36% Domestic Saving 2,73,604 3,06,418 3,04,350 11.24 Deposits Term Domestic Current deposits 47,625 61,609 57,694 21.14 Depos

  12. Slide 12: Advances

    Advances Particulars Jun’20 Mar’21 Jun’21 YOY (%) % share in Gross Domestic Credit in Jun’ 21 (INR crore) Retail* 1,07,096 1,20,256 1,19,729 11.80 Others (incl Agriculture LABOD & Home Loans* 67,817 73,714 73,228 7.98 16.1% Staff loans) 4.0% Auto Loans* 16,772 21,031 20,970 25.03 Mortgages Loans* 11

  13. Slide 13: Risk profile – Retail loans

    Risk profile – Retail loans As on 31.03.2021 As on 30.06.2021 As on 31.03.2020 1% 0% 1% 17% 18% 17% 11% 12% 12% 71% 70% 70% Above 725 701-725 Up to 700 -1 Above 725 701-725 Up to 700 0 & -1 Above 725 701-725 Up to 700 0 & -1 *Based on Amt. *CIBIL scores (V1) as on 01.04.2019 have been converted into

  14. Slide 14: Industry-wise outstanding

    Industry-wise outstanding Jun ’21 Rating Profile Particulars (INR crore) Outstanding share Infrastructure of which 72,447 12.06% 1. Power 32,547 5.42% 2. Telecom 11,273 1.88% 3. Roads & Ports 15,502 2.58% 4. Other Infrastructure 13,125 2.18% 73% 74% 77% 14,741 2.45% Basic Metals & Metal Industry of

  15. Slide 15: Segment wise breakup & Ratings of NBFC Standard Outstanding

    Segment wise breakup & Ratings of NBFC Standard Outstanding Rating Profile of NBFCs Standard Outstanding NBFC portfolio by ownership Particulars Jun’20 Jun’21 Outstanding Outstanding % Share % Share (INR cr) (INR cr) 26% 24% Pvt others AAA 55,639 57.86 47,608 57.37 Backed by Large Private Institutio

  16. Slide 16: Treasury operations

    Treasury operations Particulars • Domestic investment book comprises of 53.79% in HTM; Jun ’20 Mar ’21 Jun ’21 (INR crore) 45.96% in AFS and 0.25% in HFT. Domestic 2,62,307 2,51,708 2,48,671 • The percentage of SLR Securities to NDTL at Jun 30, 2021 was Investments at 22.71%. of which 2,15,883 2,04,

  17. Slide 17: Financial Inclusion

    Financial Inclusion Total Financial Inclusion Accounts Balance /Avg Balance in FI accounts (in Lakh) 601 23,521 22,930 Zero Balance Accounts (%) 590 19,948 5.3% 5.3% 5.4% 546 3,653 3,985 3,815 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Market Share* of BOB in PMJDY Accounts (%) Jun'20 Mar'21 Jun'21 B

  18. Slide 18: Asset Quality

    Asset Quality © 2021 Bank of Baroda. All Rights Reserved Page | 18

  19. Slide 19: Movement of NPAs

    Movement of NPAs Particulars Q1 FY 21 Q4 FY 21 Q1 FY 22 (INR crore) A. Opening Balance 69,381 63,182 66,671 B. Additions 3,002 12,274 6,194 Out of which, Fresh Slippages 2,740 11,656 5,129 C. Reductions 3,251 8,785 9,836 Recovery 554 2,759 1,027 Upgradation 264 279 3,408 Write-Offs 1,729 5,747 4,660

  20. Slide 20: Asset Quality: Sectoral Contribution

    Asset Quality : Sectoral Contribution Fresh Slippages NPA Particulars Particulars Q1 Q4 Q1 CRILC o/s SMA1 and SMA 2 (INR crore) (INR crore) Q1 FY21 Q1 FY22 FY 21 FY 21 FY 22 (%) Corporate 165 5,817 362 Corporate 35,008 20,874 MSME 308 2,846 2,180 MSME 11,268 14,628 Retail 88 1,184 1,245 Retail 2,391

  21. Slide 21: Exposure to NCLT Accounts

    Exposure to NCLT Accounts 48268 99.27% 98.32% 34688 95.14% 94.88% 93.96% 5232 5505 2843 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 Cror

  22. Slide 22: Capital Adequacy

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

  23. Slide 23: Capital Adequacy

    Capital Adequacy 16.38% 14.99% 15.40% Tier II 12.84% 13.26% 12.93% 2.29% 2.32% 2.34% AT-1 1.74% 2.51% 2.51% 2.36% 1.73% 1.81% CET-1 1.25% 1.54% 1.59% 11.25% 12.35% 10.94% 9.08% 9.21% 8.98% Jun'20 Sep'20 Dec'20 Mar'21 Jun'21 Consol Jun'21 Jun ’21 Particulars (INR crore) Jun ’20 Mar ’21 Jun ’21 (Conso

  24. Slide 24: Strategic Initiatives

    Strategic Initiatives © 2021 Bank of Baroda. All Rights Reserved Page | 24

  25. Slide 25: New channels gaining traction

    New channels gaining traction Baroda DigiNext Cash Management Wealth Management Business Momentum Float (INR crore) Wealth Management Products income (INR crore) 14,091 43 66% YoY 70% YoY 25 8,509 Q1 FY 21 Q1 FY22 Q1FY21 Q1FY22  Transactions in Cash Management in Q1 FY22 showed an  Within Wealth M

  26. Slide 26: Digital Footprint

    Digital Footprint Customer touch points 60.16 Lakh 41% YoY 2.31 147% YoY 43.39 8,192 New users onboarded Branches 1.64 on digital platform in Q1FY22 17.57 11,637 ATMs 15X 24,056 BCs Mobile Banking Customers (in Crore) Transactions (in Crore) Jun-20 Jun-21 Jun-20 Jun-21 YoY growth in UPI channel merc

  27. Slide 27: Consolidated Financials

    Consolidated Financials © 2021 Bank of Baroda. All Rights Reserved Page | 27

  28. Slide 28: Subsidiaries and JVs performance

    Subsidiaries and JVs performance IndiaFirst Life Insurance Co. Ltd.- 100% Domestic Subsidiary 100% Domestic Subsidiary Baroda Joint Venture of 44% BOB Financial Solutions Limited Asset Management India Limited  IndiaFirst Life recorded YoY growth of  Number of Cards as of June 30, 2021 stood  Bar

  29. Slide 29: Subsidiaries and JVs performance

    Subsidiaries and JVs performance India Infradebt Ltd.- Joint Venture of 100% Domestic Subsidiary 100% Domestic Subsidiary 40.99% Baroda Global Shared Services Ltd. BOB Capital Markets Ltd.  India Infradebt focused on disbursement in  BGSS net profit grew by 163% YoY in renewable energy and transpo

  30. Slide 30: 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.  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 2,972 crore as of Q1FY22, s

  31. Slide 31: Balance Sheet and PL – Consolidated

    Balance Sheet and PL– Consolidated Particulars Particulars YOY Jun ’20 Mar ’21 Jun ’21 Q1 FY 21 Q1 FY 22 (INR crore) (INR crore) (%) CAPITAL & LIABILITIES Net Interest Income 7,468 8,471 13.43 Capital 925 1,036 1036 Share Application Money Non Interest Income 2,161 3,330 54.10 0 0 0 Pending Allotmen

  32. Slide 32: 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 (

  33. Slide 33: Thank You

    Thank You © 2021 Bank of Baroda. All Rights Reserved Page | 33

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