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%.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint 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 brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR