BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
We organised a boardroom event with the management of Bank of Baroda, to discuss the macro-economic environment and the bank's growth and profitability outlook.
Bank of Baroda is well capitalised to capture incremental growth opportunities, mainly led by retail loans. Meanwhile, the corporate book has been witnessing a healthy recovery, resulting in a gradual pickup in loan growth.
Healthy net interest income growth and a pickup in other income should boost earnings, while margins should remain buoyant after a strong expansion to 3.4% in Q3 FY23.
The current account and savings account mix has moderated after higher growth in term deposits (mainly bulk deposits).
Asset quality continues to improve with net non-performing asset at less than 1%. A lower special mention account book and controlled restructuring provide further comfort on asset quality.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
