BQ Blue'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 BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Bank of Baroda reported strong Q2 earnings, led by higher treasury gains and steady net interest income growth as domestic margins expanded by 33 basis point and lower provisions.
On the business front, loan growth trends remained muted, mainly due to 7% QoQ decline in corporate advances.
The pickup in retail and micro small and medium enterprise segments due to retail sanctions up 23% YoY and disbursements up 15% YoY.
Collection efficiency improved to 91%; however, it was lower than other private peers, which have reported CE between 95-97%.
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