Bank of Baroda is a 104-year-old state-owned bank with operations in India and 24 other countries. It has consistently achieved profitability and dividend payments. In the first half of 2012-13, the bank saw an 11% increase in net profit and a 16.7% increase in operating profit compared to the same period last year. The bank has a strong domestic presence with over 4,000 branches and a robust technology platform supporting its operations.
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of RBI's liberalization of the Indian Banking Industry in 1994.
The presentation analysing Business Strategy, Porter's Five Force Model analysis, SWOT analysis of HDFC.
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of RBI's liberalization of the Indian Banking Industry in 1994.
The presentation analysing Business Strategy, Porter's Five Force Model analysis, SWOT analysis of HDFC.
Banking sector is going to be the most watched sector in the coming quarters. There are reasons for this, RBI has reduced the CRR rate and repo rates. The debt/GDP ratio of the Government is scary at 80% essentially meaning that the Government cannot borrow much without jeopardizing stability of banking sector. Given project is an attempt to identify and analyse the vision and mission of HDFC bank, as well as comparing the position and strategies of the bank with its major competitor.
Project:
Provides all the crucial information on HDFC Bank Limited required for business and competitor intelligence needs.
Contains a study of the major internal and external factors affecting HDFC Bank Limited in the form of a SWOT analysis as well as a breakdown and examination of strategies of HDFC Bank Limited.
Major factors contributing the success of HDFC.
Industrial analysis of HDFC through Porter’s five forces model as well as comparing that with its competitor ICICI.
Analysis done on BCG matrix
With this project we have tried to understand the different business process identified by the bank, as well as analyzing its strength and weakness as compared to other banks. Our project is mainly concentrated on the comparative analysis of HDFC and competitor ICICI. The source of information is secondary that is through internet and different newspapers and sites of HDFC and ICICI as well as some of the journals.
CASE STUDY ON KOTAK MAHINDRA BANK’S INCEPTION OF MOBILE BANKING APP KOTAK BHA...VARUN KESAVAN
Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai, Maharashtra, India. In February 2003, Reserve Bank of India (RBI) gave the licence to Kotak Mahindra Finance Ltd., the group's flagship company, to carry on banking business.[3]
It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.
Kotak Mahindra Bank has a network of 1,348 branches across 675 locations and 2,051 ATMs in the country.[4] In 2016, it was the third largest private bank in India by market capitalization.[5]
Banking sector is going to be the most watched sector in the coming quarters. There are reasons for this, RBI has reduced the CRR rate and repo rates. The debt/GDP ratio of the Government is scary at 80% essentially meaning that the Government cannot borrow much without jeopardizing stability of banking sector. Given project is an attempt to identify and analyse the vision and mission of HDFC bank, as well as comparing the position and strategies of the bank with its major competitor.
Project:
Provides all the crucial information on HDFC Bank Limited required for business and competitor intelligence needs.
Contains a study of the major internal and external factors affecting HDFC Bank Limited in the form of a SWOT analysis as well as a breakdown and examination of strategies of HDFC Bank Limited.
Major factors contributing the success of HDFC.
Industrial analysis of HDFC through Porter’s five forces model as well as comparing that with its competitor ICICI.
Analysis done on BCG matrix
With this project we have tried to understand the different business process identified by the bank, as well as analyzing its strength and weakness as compared to other banks. Our project is mainly concentrated on the comparative analysis of HDFC and competitor ICICI. The source of information is secondary that is through internet and different newspapers and sites of HDFC and ICICI as well as some of the journals.
CASE STUDY ON KOTAK MAHINDRA BANK’S INCEPTION OF MOBILE BANKING APP KOTAK BHA...VARUN KESAVAN
Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai, Maharashtra, India. In February 2003, Reserve Bank of India (RBI) gave the licence to Kotak Mahindra Finance Ltd., the group's flagship company, to carry on banking business.[3]
It offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management.
Kotak Mahindra Bank has a network of 1,348 branches across 675 locations and 2,051 ATMs in the country.[4] In 2016, it was the third largest private bank in India by market capitalization.[5]
Intellect announced its second-quarter results for FY 2021-22 on 28th October 2021. The highlights of the results included the total revenue for Q2 FY22 standing at INR 4521 Mn marking a 22% YoY growth. In dollar terms, the company recorded a revenue of $ 61.03 Mn marking a 22% YoY growth. Licence Revenue for Q2 FY22 is INR 869 Mn while Q2 FY22 AMC Revenue is INR 814 Mn. Saas/Cloud revenue of Q2 FY22 registered a 156% YoY growth at INR 879 Mn.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
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Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
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how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
1. Bank of Baroda:
Consistently Sound Performance Achieved through
Best Practices of People, Processes & Technology
Performance Analysis: Q2 & H1, 2012-13 (FY13)
Dr Rupa Rege Nitsure
Chief Economist
October 22, 2012
2. Bank of Baroda: Key strengths
Bank of Baroda is a 104 years old State-owned Bank with modern & contemporary personality,
offering banking products and services to Large Industrial, SME, Retail & Agricultural customers across
India and 24 other countries.
Uninterrupted Record Overseas Business Modern & Contemporary
in Profit-making and Operations extend across Personality
Dividend Payment 24 countries
through 96 Offices
Strong Domestic
Pioneer in many Presence through
Customer-Centric 4,021 Branches
Initiatives
Provides Financial
Services to over
First PSB to receive 47 mln Customers
Corporate Governance Globally
Rating (CGR-2)
Relatively Strong Presence
Robust Technology
A well-accepted & in Progressive States like
Gujarat & Maharashtra Platform with 100%
recognised Brand in
Indian banking industry CBS in Indian Branches
3. Results at a glance
Q2, FY13 H1, FY13
•Net Profit up 11.6%(y-o-y) to Rs 1,301.39 •Net Profit up 11.0%(y-o-y) to Rs 2,440.25
crore crore
•Operating Profit up 11.3% (y-o-y) to Rs •Operating Profit up 16.7% (y-o-y) to Rs
2,382.58 crore 4,635.76 crore
•Net Interest Income up 11.5% (y-o-y) to Rs •Net Interest Income up 16.4% (y-o-y) to
2,862.30 crore Rs 5,660.37 crore
•NIM at 2.71% in Global & at 3.23% in •NIM at 2.73% in Global & at 3.22% in
Domestic operations Domestic operations
•ROAA (annualized) at 1.12% •ROAA (annualized) at 1.06%
•Total Business up 23.2% (y-o-y) to Rs 7,00,330 crore by end-Sept, 2012
•Total Advances up 22.2% (y-o-y) to Rs 2,92,181 crore by end-Sept, 2012
•Total Deposits up 24.0% (y-o-y) to Rs 4,08,150 crore by end-Sept, 2012
•Net NPAs (%) at 0.82% as on 30th Sept, 2012
•Provision Coverage Ratio at the healthy level of 75.72% as on 30 th Sept, 2012
•CRAR at 12.91% with Tier 1 at 9.57% as on 30th Sept, 2012
•Cost-Income ratio at 36.48% in H1, FY13.
4. Sustained sound performance from FY08
2007-08 2008-09 2009-10 2010-11 2011-12 H1, 2012-13
(Annual) (Annual) (Annual) (Annual) (Annual) (Half-Yearly)
Assets
1,83,479 2,26,672 2,78,317 3,58,397 4,47,321 4,75,827
(Rs crore)
Net Profit
1,436 2,227 3,058 4,242 5,007 2,440.25
(Rs crore)
Tier 1 Capital
8,496 11,070 14,357 20,974 27,498 26,712
(Rs crore)
Return on
15.07% 19.48% 22.19% 21.48% 19.04% 16.90%
Equity (%)
Cost-Income
50.89% 45.38% 43.57% 39.87% 37.55% 36.48%
Ratio (%)
NPL (Net, %) 0.47% 0.31% 0.34% 0.35% 0.54% 0.82%
•In four & a half yrs, Bank’s assets have grown 2.6 times.
•Bank’s half-yearly net profit in H1, FY13 is bigger than its full year’s profit in FY09.
5. Impressive CAGR for key parameters (FY08 thru’ FY12)
Parameter CAGR
(FY08 thru’FY12)
Assets 24.96%
Gross Profit 31.02%
Net Profit 36.65%
Net Worth 28.90%
Total Capital 26.84%
Tier-1 Capital 34.13%
7. Features of domestic branch network
•In a year’s time (Sept’11 to Sept’12), the Bank added 529 brs to its domestic network comprising
120 in metro; 76 in urban; 205 in semi-urban & 128 in rural areas.
•During H1, FY13, the Bank opened 118 new brs (11 in metro, 10 in urban, 38 in semi-urban and
59 in rural areas) and merged one rural br in June, 2012 & converted that into a satellite unit.
•In the remaining part of FY13, the Bank plans to open 475 new brs with 241 brs in Tier-I & Tier-II
centres & 234 brs in Tier-III to Tier-VI centres.
•Newly opened branches in H1, FY13 majorly belong to Eastern UP, Rajasthan, Maharashtra,
Gujarat & Eastern states.
•Around 33.03% of the Bank’s network at the end-Sept, FY13 was situated in rural areas.
•Moreover, the Bank’s ATM tally improved from 1,800 at end-Sept, 2011 to 2,230 at end-June,
2012.
Regional Break-up of
Domestic Branches as on 30th Sept, 2012
Metro Urban Semi-Urban Rural
885 725 1,083 1,328
9. Other strengths: Robust technology platform
•Bank’s entire domestic, overseas and RRBs Framework is CBS-compliant
•All domestic branches are migrated to MPLS (Multi-Protocol Label Switching) network. New branches
are directly opened in MPLS network
•Bank has IT facilities for online/offline account opening through Business Correspondents under
Financial Inclusion.
•Bank’s retail e-banking portal has been made more use-friendly through enhancement of its look & feel
for customers.
•Bank has implemented Internet Banking in 12 of its overseas territories , notably Oman, Tanzania,
Uganda, Kenya, Mauritius, Seychelles, Botswana, New Zealand, UAE, Fiji, UK & Ghana.
•For provision of Safe Online Banking & to protect customers from Phishing Attacks, the Bank has
implemented a Fraud Management Solution. A SMS alerts facility is also being provided to customers
•Bank has implemented a RaidFunds2India solution in all its major territories.
•Bank’s Mobile Banking (Baroda M-Connect) provides various facilities to its customers like balance-
enquiry, mini-statements, linking of multiple accounts, funds’ transfer, bill payments, ticket booking,
shopping, feedback facilities, etc. The IMPS facility is also being introduced for its customers.
•Bank’s Mobile Banking application is available on all Leading Brands including Blackberry, Android,
iPhone and Windows; National Unified USSD Platform also being enabled thru’ mobile banking.
•Internet Payment Gateway is implemented by the Bank to facilitate E-commerce Transactions in multi
currencies across the globe.
10. Other strengths: Robust technology platform
•Bank’s ATM Switch is upgraded to handle increasing volume of ATM transactions ; the Bank’s ATM count
has increased to 2,230 by 30th Sept, 2012; its ATM switch also supports eight international territories.
•Bank has introduced a Rupay card.
•Bank has a Facility of Multiple Accounts being linked to a single Debit Card (verified by Visa, CVV2) and
also a Mobile Number registration thru’ ATMs in CBS for the SMS Alerts.
•E-tax payments thru’ ATMs are also facilitated by the Bank and Mobile ATMs are introduced in several
cities.
•Bank has set up two Contact Centres in Lucknow & Baroda to address customer queries and grievances
speedily.
•Cash Management Solution is implemented to provide Operational Support to the Customers’ ALM.
•Anti Money Laundering (AML) is implemented in India and 21 of the Bank’s overseas territories.
•Bank has developed an Integrated Global Treasury Solution in its major territories like U.K., UAE,
Bahamas, Bahrain, Hong Kong, Singapore, Belgium, USA and India to reduce the cost of operations and
improve the fund management.
• Bank has a Centralised SWIFT system for India & its 22 overseas territories.
•The CTS -Cheque Truncation System is implemented in Delhi and a Grid based CTS System is
implemented in Chennai, Coimbatore and Bangalore.
•Online Trading (Corporate & Retail) has been implemented in India.
11. Other strengths: Robust technology platform
•ACPC (Automated Cheque Processing Centre) for centralised Inward / Outward clearing has been
implemented in Mumbai, Surat and Ahmedabad regions of the Bank.
•Back Office functions are centralised in the Bank at its City Back Offices & ten Regional Back Offices (at
Baroda, Jaipur, Lucknow, Bhopal, Coimbtore, Kolkata, Mumbai, Jamshedpur, New Delhi, Pune) to improve
the service delivery to customers.
•RTGS & NEFT straight through processing has been implemented for all sponsored RRBs of the Bank.
•Bank’s intranet portal is revamped into a complete Knowledge Mgmt Solution for the employees’
benefit.
•Travel card has been introduced in Foreign Currency.
•Online loan applications have been rolled out for SME, Agriculture, Housing, Educational & Auto loans
along with the facility of online tracking of these applications.
•Bank has built a State-of-the-Art Data Centre conforming to Uptime Institute Tier-3 standard and a
Disaster Recovery Site in different seismic zones to ensure uninterrupted banking services to its
customers.
•Various Technology projects like Virtualisation, Back-up Consolidation & RAC (Realtime Application
Cluster) are being undertaken to support increasing business requirement.
•BoB IIT – an exclusive IT Training Centre has been set up in Ghandhinagar to educate the Bank’s Staff in
all IT related products & services.
14. Other strengths: Relatively stronger presence in progressive states
Rest of India, 23.3 Gujarat, 20.6
Maharashtra, 11.8
UP & Uttaranchal,
22.0
South, 11.1
Rajasthan, 11.2
15. Pattern of shareholding: 30th Sept, 2012
Corp.
As on 30th Sept, 2012
Indian Bodies
Public 6.20% Others •Share Capital: Rs 412.38 crore
4.80% 0.45%
•No. of Shares: 411.12 million
FIIs • Net worth: Rs 28,880.09 crore (up 28.7% , y-o-y)
15.37%
• B. V. per share: Rs 702.47 (up 22.6%, y-o-y)
•Return on Equity: 16.9% in H1 & 18.02% in Q2, FY13
Govt. of • BOB is a Part of the following Indexes
Insurance India
Cos 54.31% BSE 100, BSE 200, BSE 500 & Bankex
12.87%
Mutual Nifty, BankNifty, CNX 100, CNX 200, CNX 500
Funds • BOB’s Share is also listed on BSE and NSE in the
6.00%
‘Future and Options’ segment.
23. Consistency in profit-making
5000.00
Rs crore •During the last five years, the Bank’s Half-yearly Net Profit 4610.88
4500.00 has grown at the rich CAGR of 30.0%.
4000.00 3945.23
3500.00
3184.61
3000.00
2440.25
2500.00
2198.92
2041.53 1878.46
2000.00
1585.81
1500.00 1281.70 1319.56
1000.00
658.13 766.14
500.00
0.00
Sep'07 Sep'08 Sep'09 Sep'10 Sep'11 Sep'12
Gross Profit Net Profit
25. Bank’s business: Sept’11 to Sept’12
Change
Particular Y-O-Y
Sept’11 Mar’12 Sept’12 Over
(Rs crore) (%)
Mar’12 (%)
Global Business 5,68,306 6,72,248 7,00,330 23.2 4.2
Domestic Business 4,13,753 4,82,211 4,91,561 18.8 1.9
Overseas Business 1,54,552 1,90,038 2,08,769 35.1 9.9
Global Deposits 3,29,185 3,84,871 4,08,150 24.0 6.0
Domestic Deposits 2,44,720 2,80,135 2,92,877 19.7 4.5
Overseas Deposits 84,466 1,04,736 1,15,273 36.5 10.1
Global CASA Deposits 90,179 1,03,524 1,05,259 16.7 1.7
Domestic CASA 83,250 92,948 92,979 11.7 0.03
Overseas CASA 6,929 10,576 12,280 77.2 16.1
•Share of Domestic CASA was at 31.75% in terms of Aggregate Deposits and at 33.43% in
terms of Core Deposits as on 30th Sept, 2012.
26. Bank’s business: Sept’11 to Sept’12
Change
Particular Y-O-Y
Sept’11 Mar’12 Sept’12 Over
(Rs crore) (%)
Mar’12 (%)
Global advances (Net) 2,39,120 2,87,377 2,92,181 22.2 1.7
Domestic Advances 1,69,034 2,02,075 1,98,685 17.5 -1.7
Overseas Advances 70,087 85,302 93,496 33.4 9.6
Retail Credit
29,885 35,668 34,245 14.6 -4.0
Of which:
Home Loans 13,304 14,133 14,789 11.2 4.6
SME Credit 30,149 34,512 36,915 22.4 7.0
Farm Credit* 22,043 29,036 25,735 16.8 -11.4
Credit to Weaker
13,650 15,863 14,780 8.3 -6.8
Sections*
* As of Last Reporting Friday
27. Bank’s business: Sept’11 to Sept’12
Change
Particular Y-O-Y
Sept’11 Mar’12 Sept’12 Over
(Rs crore) (%)
Mar’12 (%)
Global Saving Deposits 68,541 74,580 77,824 13.5 4.3
Domestic Savings Deposits 67,013 72,575 75,821 13.1 4.5
Overseas Savings Deposits 1,528 2,004 2,002 31.1 -0.1
Global Current Deposits 21,639 28,944 27,436 26.8 -5.5
Domestic Current Deposits 16,237 20,372 17,158 5.7 -15.8
Overseas Current Deposits
5,401 8,572 10,278 90.2 19.9
28. Other highlights: Q2,FY12 versus Q2,FY13
Particular (in %) Q2, Q3, Q4, Q1, Q2,
FY12 FY12 FY12 FY13 FY13
Global Cost of Deposits 5.61 5.65 5.81 5.89 5.85
Domestic Cost of Deposits 6.84 6.90 7.17 7.30 7.36
Overseas Cost of Deposits 1.82 1.96 1.74 1.86 1.73
Global Yield on Advances 9.64 9.45 9.33 9.08 9.07
Domestic Yield on Advances 12.14 12.01 11.71 11.65 11.75
Overseas Yield on Advances 3.37 3.60 3.75 3.52 3.49
29. Other highlights: Q2, FY12 versus Q2,FY13
Particular (in %) Q2, Q3, Q4, Q1, Q2,
FY12 FY12 FY12 FY13 FY13
Global Yield on Investment 7.58 7.67 7.53 7.71 7.79
Domestic Yield on Investment 7.72 7.79 7.69 7.83 7.92
Overseas Yield on Investment 4.24 4.90 3.84 4.91 4.64
Global NIM 3.07 2.99 2.96 2.73 2.71
Domestic NIM 3.67 3.51 3.44 3.22 3.23
Overseas NIM 1.42 1.64 1.68 1.55 1.54
30. Key productivity indicators: Q2, FY12 versus Q2, FY13
Particulars Q2, FY12 Q2, FY13
Business per Employee (Rs crore) 12.98 14.84
Business per Branch (Rs crore) 160.27 171.73
Profit per Employee (Rs lakh) 2.85 2.98
Profit per Branch (Rs lakh) 32.89 31.91
31. Non-Interest income: Q2, FY12 and Q2, FY13
% Change
(Rs crore) Q2, FY12 Q2, FY13
(Y-O-Y)
Commission, Exchange,
313.65 310.40 -1.0
Brokerage
Incidental Charges 74.85 84.88 13.4
Other Miscellaneous Income 66.38 72.36 9.0
Total Fee-Based Income 454.88 467.64 2.8
Trading Gains 10.15 112.02 1003.7
Profit on Exchange Transactions 147.33 183.18 24.3
Recovery from PWO 121.97 65.47 -46.3
Total Non-Interest Income 734.33 828.31 12.8
32. Provisions & contingencies: Q2, FY12 and Q2, FY13
Absolute
(Rs crore) Q2, FY12 Q2, FY13 Change
Provision for NPA & Bad Debts
298.13 722.93 424.81
Written-off
Provision for Depreciation on
144.99 -134.04 -279.03
Investment
Provision for Standard Advances 46.92 40.79 -6.13
Other Provisions (including
-6.68 16.73 23.41
Provision for staff welfare)
Tax Provisions 477.54 422.34 -55.20
Total Provisions 960.90 1068.75 107.85
33. Bank’s domestic treasury highlights: Q2, FY12
• Treasury Income stood at the level of Rs 295.20 crore in Q2, FY13 up 87.5% (y-o-y).
• Out of this, Trading Gains stood at Rs 112.02 crore in Q2, FY13 as financial market
conditions improved significantly in Q2, FY13.
• As of Sept 30, 2012, the share of SLR Securities in Total Investment was 84.61%.
• The Bank had 81.80% of SLR Securities in HTM and 17.95% in AFS at end-Sept 2012.
• During the year FY13, the Bank shifted SLR securities worth Rs 1,265.42 cr (at book value)
from AFS to HTM on 3rd April and provided Rs 20.69 cr as “depreciation” on shifting.
• The benchmark G-sec yield at the time of shifting ruled at 8.57%.
• The per cent of SLR to NDTL as on 30th Sept, 2012 was 27.94%.
• As on 30th Sept, 2012, the modified duration of AFS investments was 3.52 years & that of
HTM securities was 5.07 years.
• Total size of Bank’s Domestic Investment Book as on 30th Sept, 2012 stood at Rs 98,375
crore.
34. Highlights of overseas business: Q2, FY13
• During H1, FY13, Bank’s “Overseas Business” contributed 29.8% to its Total Business,
24.7% to Gross Profit and 38.9% to Core Fee-based income (i.e., Commission, Exchanges,
brokerage, etc.)
• Out of the Total Overseas Loan-book, 54.4% was Buyers’ Credit/ Export Credit; 26.3% in
was Syndicated Loans (mostly to Indian corporates) & 19.3% was Local Credit.
• Less riskiness of the Overseas Loan-book was responsible in keeping Gross NPA (%) in
Overseas Assets at 0.63% as on 30th Sept, 2012.
• Even the Cost-Income Ratio in Overseas operations was more favourable at 16.44% in H1,
FY13 versus 41.13% in Domestic operations.
• In Q2, FY13, the NIM (as % of interest-earning assets) in Overseas operations stood at the
healthy level of 1.54%; Gross Profit to Avg. Working Funds ratio at 1.76% and Return on
Equity at 17.26%.
• During H1, FY13, Bank opened branches in Wellington and Manukau, New Zealand;
Entebbe and Kabale, Uganda, Rose Belle in Mauritius, Tema in Ghana and Sohar in Oman.
35. NPA movement (Gross): H1, FY13
Particular ( Rs crore)
A. Opening Balance 4,464.75
B. Additions during H1, FY13 2,728.12
Out of which, Fresh Slippages 2,613.34
C. Reduction during H1, FY13 1,313.84
Recovery 298.95
Upgradation 238.07
PWO & WO 773.81
Exchange Difference 3.01
NPA as on 30th Sept, 2012 5,879.03
Recovery in PWO in H1, FY12 148.46
37. Cumulative position of restructured assets
• During the past 54 months (1 Apr’08 to 30 Sept’12), Bank has restructured 88,288
accounts amounting Rs 16,680.44 crore in its Domestic operations.
• Within this, the loans worth Rs 933.03 cr were restructured in Q2, FY13; Rs
770.57 cr in Q1, FY13; Rs 8,265.41 cr were restructured in FY12, Rs 1,597.81 cr
were restructured in FY11, Rs 2,455.05 cr in FY10 & Rs 2,658.57 cr in FY09.
• For the period of 54 months, out of the total amount restructured, Rs 12,582.17
cr (75.4%) belonged to wholesale banking, Rs 2,422.49 cr (14.5%) to SMEs, Rs
620.12 cr (3.7%) to retail and Rs 1,055.66 cr (6.3%) to agriculture sector.
• About 94 accounts (of Rs 1 crore & above) restructured on/after 1 st Apr, 2008
with aggregate outstanding of Rs 1,500.53 cr slipped to NPA after restructuring
and most of them belonged to the SME segment.
• In net terms terms, the outstanding amount of restructured loans in the Bank’s
Overseas Business was Rs 4,398.65 crore against 87 accounts as on 30/09/2012.
• Out of these twelve accounts were restructured during H1, FY13 involving the
amount Rs 457.47 crore.
38. Sectoral deployment of credit at end-Sept, 2012
% share in Gross
Sector
Domestic Credit
Agriculture 12.7
Retail 16.9
SME 18.2
Wholesale
37.8
Misc. including
14.4
Trade
Total 100.0%
39. Bank’s BPR Project - Navnirmaan
•Project Navnirmaan has altogether 18 activities covering both BPR & Organisational
Restructuring, aimed at transforming the Bank’s branches into a sales & service centres to
make possible a sustained sales growth, superior customer experience and alternate
channel migration.
•The most important initiatives are-
•Conversion of all metro & urban branches into Baroda Next branches within a
timeline [1,273 branches rolled out so far across 13 zones & 56 regions]
•Creation of automated & lean Back Offices like:
•City Back Office (Automated cheque processing introduced at Mumbai, Surat &
Ahmedabad)
•Regional Back Office [Ten RBOs functioning (one in each zone); five RBOs opened during
FY13]; for CASA opening [No. of brs linked – 2,210]; for issuance of personalised cheque
books [ no. of brs linked – 3,185]. More than 6,500 CASA are being opened per day.
•Establishment of two Contact (or Call) Centres
•Introduction of frontline automation [Queue Management System & Cheque Deposit
Machines] at select branches for customer convenience
•Creation of an Academy of excellence [Thru’ Training & Boot Camps]
•Organisational Restructuring [ Creation of Selling roles at branch, R.O. & Z.O.]
40. Bank’s BPR Project - Navnirmaan
•The initial impact of Baroda Next migration has been observed to be rewarding both in
terms of increased customer satisfaction & CASA growth.
•The said impact has been sustained at 110 Baroda Next brs evaluated on sales, customer
satisfaction, etc., during the first stage of evaluation.
•Another evaluation carried out recently at Baroda Next brs on (a) customer satisfaction
[at 177 brs] and (b) employee satisfaction [at 171 brs] showed significant improvement.
•Further evaluation initiatives are on.
•A certification procedure for Baroda Next brs has been introduced for process
compliance/adherence, etc.; CSAT/ESAT externally evaluated by engaging market research
agencies.
•To sustain Sales growth, a new Sales Operating Model has been rolled out in 255 brs in
Mumbai, Surat, Baroda, Ahmedabad, Delhi & Kanpur
•Out of 15 Mid Corporate Brs planned, 14 are already functional and one more is expected to be
opened soon.
•Further centralisation initiatives are going to be piloted soon to enable the brs to become a
“Sales-cum-Service” outlet.
•Bank’s Hi-Tech City Branch at Hyderabad has been transformed into an e-branch.
41. Bank’s HR initiatives
Recruitment – 2012-13
•Bank’s HR Function has focused on hiring efforts on a sustained basis to bridge the “gap” created by
superannuation and to cater to the Bank’s consistent business growth and branch expansion
•Bank’s Proposed New Hiring in FY13: 3,400 { 2,280 joined up to 30th Sept, 2012}
•Probationary Officers: 600 { 403 joined up to 30/09/12}
•Specialist Officers: 150 { 25 joined up to 30/09/12}
•Baroda Manipal Trainees: 400 { 169 joined up to 30/09/12}
•Campus Recruitment: 250 { 220 joined up to 30/09/12}
•Clerks: 2,000 { 1,463 joined up to 30/09/12}
•Bank carried out a three-month long residential programme involving massive skills’ upgradation for its
new recruits during FY13 with a focus on development of key banking skills covering the major areas like
credit, forex operations, soft skills, etc.
•Other path-breaking initiatives in Employee Development & HR are –
•Baroda Next: A comprehensive leadership development training covering almost 1,500 leaders {all branch
heads of urban/metro branches & AGMs/DGMs in the Bank
•Project Sparsh: A transformational HR project focusing on talent management, succession planning, creation
of a scientific staffing model & manpower planning, capability building & performance management.
•Baroda-Manipal School of Banking: An innovative & new channel of resourcing of trained manpower in the
Bank. Around 180 students are being inducted in this school every quarter for a focused grooming and a one-
year full-time PG Course in Banking that is tailored to the Bank’s specific requirements.
42. Future Outlook & Guidance
•Recently, India’s government hiked administered domestic diesel prices, resumed privatization &
permitted FDI in multi-brand retail and aviation.
•RBI also cut the CRR, but kept the policy rates unchanged.
• Advancing of long-awaited reforms helped lift the stock market and the rupee.
•Due to delayed monsoon & weak external demand, India likely to grow in the band of 5.2% to 5.5%
in FY13. At present, the growth in non-food credit is in the band of 15.0%-16.0% and deposits in
13.0%-14.0% and M3 around 13.0%.
•Bank of Baroda will continue with its cautious stance and try to grow at 1.0% to 1.5% over the
banking industry’s average growth, given its strong presence in the industrially progressive states
and the support it receives from its overseas operations.
•Strategic thrust will be on protecting the “Financial Soundness” that the Bank has consistently
maintained throughout the past five years vitiated by global financial & economic turbulence.
•With a primary focus on risk management, improvement of systems & controls, liquidity and
capital strength, development of human capital and customer-friendly branch structures, etc.
• Coming to the imminent change in the Top Leadership, I would like to give a quote of Walter
Lippman ( a famous American Writer) – “The final test of a leader is that he leaves behind him in
other men, the conviction and the will to carry on”.
•In the times to come, all Barodians will collectively prove that our revered leaders have passed
the test with flying colours.
Thank you.