Public sector lender Bank of Baroda (BoB) on November 4 reported a net profit of Rs 4,252.89 crore for the September quarter of 2023-24. The bank’s gross non-performing assets (GNPAs) stood at 3.32 percent.
- Bank of Baroda Global Deposits increased by 14.6 percent YoY to Rs 12,49,647 crore.
- Domestic Deposits increased by 12.0 percent YoY to Rs 10,74,114 crore in Sep’23.
- However, the bank’s International Deposits grew by 33.8 percent on a YoY basis to Rs 1,75,533 crore in Sep’23.
- Bank’s Auto Loan grows at 21.1 percent, Home Loan at 16.1 percent, Personal Loan 67.2 percent, Mortgage Loan 13.3 percent, Education Loan 18.3 percent on a YoY basis.
BoB Data as on 30.09.2023
| Domestic Deposits | 10,74,114 |
| International Deposits | 1,75,533 |
| Global Deposits | 12,49,647 |
| Retail Advances | 1,93,682 |
| Domestic Gross Advances | 8,34,723 |
| International Advances | 1,89,778 |
| Global Advances | 10,24,501 |
| Total Business | 22,74,148 |
Bank of Baroda Loans Bifurcation
Bank of Baroda Industry Wise Exposure
PNB Data as on 30.09.2023
| Particulars | 30.09.2023 |
| Global Gross Business | 22,51,631 |
| Global Deposit | 13,09,910 |
| Global Gross Advances | 9,41,721 |
PNB Data
Financial highlights:
- Net profit surged more than fourfold to ₹1,756 crore, up 327% YoY
- Operating profit grew 11.67% YoY to ₹6,216 crore
- NII increased 20% YoY to ₹9,923 crore
- Global NIM improved by 11 bps to 3.11%
Asset quality:
- Gross NPA ratio improved by 352 bps YoY to 6.96%
- Net NPA ratio improved by 233 bps YoY to 1.47%
- Provision coverage ratio improved by 795 bps YoY to 91.91%
Business growth:
- Global business increased by 11.26% YoY to ₹22,51,631 crore
- Global deposits grew by 9.75% to ₹13,09,910 crore
- Global advances grew by 13.43% YoY to ₹9,41,721 crore
- Retail loan portfolio grew 16.5% YoY to ₹1,47,247 crore
Other highlights:
- Total retail loans increased by 40.42% YoY to ₹2,18,230 crore
- Gross NPAs declined by ₹21,472 crore YoY to ₹65,563 crore
- Net NPAs declined by ₹16,234 crore YoY to ₹13,114 crore
- Provision coverage ratio improved by 1372 bps YoY to 80%
- Slippage ratio improved YoY by 248 bps to 0.86%
Related Articles
-
-
-
-
-
-
-
-
-
-
