Bank of Baroda · tone and specificity signals across the available quarters.
Language signals
I would request honestly request you to please have a relook on the numbers because these are not any count in any way any of the number has given any negative surprise the last quarter. It is one of the strongest performance growth we have in all this quarter.
The ECL migration would be smooth seamless. The core income part is strong. In spite of this condition when you look into multiple banks the financial result, the NI growth is at 9.5%. We were able to optimize both in terms of the earning potential of the book and the expanded interest expended part.
This is purely credit related. The net impact on the absolute is roughly around Rs 10,000 Cr. We are holding floating provision to the extent of Rs 2,500 Cr. So almost Rs 7,500-10,000 Cr we have to really give the impact on the capital and that is spread over the amortization period.
We aim to get into the total flows of in excess of $4 to 5 billion ballpark figure of $5 billion which comprises of all three components FCNR(B), OFC(B) and ECB routes also.
The profit that you are declaring this quarter and the net profit has seen a 4 and a half% jump is purely out of the operational profit.
Our target is always to operate around 120 on the LCR. Last quarter we were 120, this quarter we were 116.
The impact on the CR because of the ECL... would be somewhere at 6 or 7 maximum... the recurring provisioning... only can elevate the credit cost only by 18 bps.