ANALYSIS OF ALLAHABAD AND BANK OF BARODA

Description
ANALYSIS OF ALLAHABAD AND BANK OF BARODA

Aditya Pachori 12HM03

Bank of Baroda

History
? Founder – Maharaj of Baroda, H.H. Sir Sayajirao Gaekwad III ? Date – 20 July 1908 ? Nationalized on 19 July 1969 by GOI ? Revenue $ 5.3 billion as on 31.3.12 ? Second largest bank after SBI ? Ranked 715 on Fortune Global 2000 list ? Network of 4283 branches(4172 in India) ? CMD – S S Mundra

M&A
? 1961- New Citizen Bank of India
? 1963- Surat Banking Corporation ? 1964- Umbergaon People’s Bank and Tamil Nadu

Central Bank ? 1975 – management control of Bareilly Corporation Bank and Nanital Bank ? 1985 – BoB(20%), BoI, CBI, ZIMCO established Indo Zambia Bank in Lusaka ? 1988 - Traders Bank (Delhi)

Cont…
? 1990 – Took over London Branches of UBI and P&S
? ? ? ?

bank 1996 – IPO; GOI share 66% 1999 - Bareilly Corporation Bank 2002 – Benares State Bank(BSB) 2010 - India International Bank Malaysia (IIBM), BoB owns 40% largest shareholder

Other Business
? BOB Capital Markets (BOBCAPS), wholly owned

subsidiary of Bank of Baroda offers different financial services ? India First Life Insurance company JV between BoB, Andhra Bank, UK bases Legal and General ? Baroda Manipal School of Banking, which offers a Postgraduate Diploma in Banking & Finance (PGDBF) from Manipal University

Analysis
CAR
16.00% 14.59% 1.40% 1.28% 1.20% 12.18% 12.00% 10.00% C A 8.00% R 6.00% 0.40% 4.00% 2.00% 0.00% 2012-13 2012-11 2011-10 Year 2010-09 2009-08 0.20% NPA ratio 0.80% 12.09% 13.58% 13.68%

NPA ratio

14.00%

1.00%

0.60%

0.54%

0.35%

0.34%

0.31%

0.00% 2012-13 2012-11 2011-10 Year 2010-09 2009-08

Cont…
? NPA Ratio
? Loans Given increased by 14% ? Net NPA has increased by 170%- A matter of concern

for Bank

Cont…
45 40 35 2010-09 30 Aggregate Profit 25 20 2012-11

Asset Reconstruction
2009-08

Spread Ratio

2011-10

15
10 5

2012-13

0
0 2012-2013 2011-2012 2010-2011 Years 2009-2010 2008-2009

0.5

1

1.5

2

2.5

Recommendations
? Focus on NPA
? Net Profit declined on Y-o-Y ? ROA reduced on Y-o-Y

? More growth avenues need to be expolited

Andhra Bank

History
? ? ? ? ? ? ?

Founder – Dr. Bhogaraju Pattabhi Sitarammaya Date – 20 November 1923 Medium –PSB Revenue - $1.9 billion as on 31.3.12 CMD – B A Prabhakar Ranked – 532nd for year 2007 by The Banker Andhra Bank has ranked No.1 in terms of number of Life Insurance Policies mobilized amongst all the agency banks dealing with the Life Insurance Corporation of India

History and M&A
? 1964- Bharat Lakshmi Bank ? 1980- Nationalized by GOI ? 2009 - India First Life Insurance company JV between ?
? ? ?

BoB, Andhra Bank, UK bases Legal and General the bank also has tie-up with United India Insurance Company Limited under Bancassurance (Non-Life) 2006 – Office in Dubai 2009 – New Jersey, USA India International Bank Malaysia (IIBM), AB owns 25% shareholdings

Analysis
CAR ratio
16.00% 14.00% 12.12% 13.26% 12.00% 14.97% 14.11% 13.64%
0.79 0.78 0.77 0.76 0.75 0.74 0.73 0.72 0.722291181 0.743210054 0.754947893

Net Loan to Deposit
0.786360418 0.77515452

10.00%
8.00% 6.00% 4.00% 2.00% 0.00%

0.71
0.7 0.69 2012-13 2012-11 2011-10

2010-09

2009-08

Cont…
100000.00 2,500.00 90000.00 80000.00 2,000.00 70000.00 1,500.00 NPAs 60000.00 50000.00 1,000.00

Loans Given

40000.00
30000.00

500.00 20000.00 10000.00 2012-13 2012-11 2011-10 Year 2010-09 2009-08 0.00 2012-13 2012-11 2011-10 2010-09 2009-08

0.00

Cont…
3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% 2012-13 2012-11 2011-10 0.91% 0.38% 0.17% 2010-09 0.18% 2009-08 2.58%

NPA ratio

Recommendations
? Focus on increasing NPA
? Declining CAR should be checked cautiously ? Not according to Basel III

? ROA has decreased on Y-o-Y

Allahabad Bank

History
? Founder – Group of Englishmen
? Date – 24th April 1865 ? Revenue - $2.6 billion as on 31.3.2012

? Nationalized on July 19th 1969 by GOI
? CMD – Shubhalakshmi Panse ? ED- T R Chawla ? Oldest Joint stock bank in India ? In 1920, P & O banking corporation acquired

Allahabad bank

Cont…
? In 1927, Charted Bank of India, Australia and China

? ?
? ? ?

acquires P & O bank, however, Chartered Bank continued to operate Allahabad Bank as a separate entity. 1989 - United Industrial Bank 1991 – All Bank Finance Ltd wholly owned Merchant subsidiary of Allahabad bank 2002 – IPO 2005 – second IPO 2006 – Started overseas operations

Analysis
3.50% 3.00% 2.50% 3.19%

NPA ratio

2.00%
1.50% 1.00% 0.50% 0.00% 2012-13 2012-11 2011-10 0.98% 0.79%

Cont…
? Net NPA increased by 280%
? Loans Given increased by 16% ? Lot of existing loans converting into NPA

? Reason – Change of slab by RBI, lazy management,

poor reconstruction etc ? Matter of worry for bank!!!

Cont…
13.00%

CAR
12.76% 12.62%

1.20%

ROA

1.00%

12.50%

0.80% 12.00% 0.60% 11.50%

11.38%

0.40%

11.00%

0.20%

10.50% 2012-13 2012-11 2011-10

0.00% 2012-13 2012-11 2011-10

Holistic Picture
Banks Scale of operation Large CAR NPA Profitability BoB Above Average Cause of worry Declining

Andhra Bank

Small

Average

Cause of worry Declining

Allahabad Bank

Medium

Below Average

Cause of worry Declining

Thank You!!!!



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