ingvysyabank_march2012

7/29/2019 INGVysyaBank_MARCH2012

1/42

ING VYSYA BANKInvestor Presentation

ING VYSYA BANK LIMITED

March 2012


2/42

Presentation Path

Consistent Performance

ING Vysya Bank - Overview

Segmental Performance

ING VYSYA BANK LIMITED 2

Appendix

Financial Information


3/42

2005

2007

Completed a 3:1 rights issue to raise INR 3 Bn

Completed a QIP and a preferential allotment to

raise INR 3.5 Bn

2009 Completed a QIP and a preferential allotment to

raise INR 4.15 Bn

Banking Franchise with ~8 Decades of Experience

Completed a QIP and a preferential allotment to

raise INR 9.69 Bn

Crossed 500 branches and extension counters2011

Incorporated in 1930, promoted by Vysyacommunity

ING Groep NV became the single largest

shareholder in ING Vysya Bank Limited

(IVBL) with board and management control

in Oct 02

One of Indias premier private sector bank

offering a wide variety of wholesale and

retail banking products and services

Pan-India network of 982 outlets servicing

over 2 mn customers as on December 11


1930

1985

1990

1996

2002

Promoted by Vysya (trading community) headed

by Mr. Margapuram Chengaiah Chetty

Largest Private Sector Bank

GMR Group acquired 28% in the Bank

BBL Belgium entered into a strategic alliance and

acquired 20% stake

ING took over Management and was renamed as"ING Vysya Bank Limited

a ance s eet s ze o ~ n as on

31 December 2011


4/42

Strong Pedigree of Investors

ING, 44%

IndianPromoters,

0%

Foreign

Holding,27%

Domestic

Shareholding Structure* Top Institutional Shareholders(Non ING)

% Holding31st Dec '11

Aberdeen Global Indian equity 4.84%

Warhol Ltd. (Chrys Capital) 3.68%

Morgan Stanley Mauritius Ltd. 2.31%

Citigroup Global Markets 1.98%


*As on 31st December 11

,

13%

PrivateCorporates,

6%

Public, 10%

India Advantage Fund 1.95%

Government Pension Fund Global(Norway)

1.49%

Franklin Templeton Mutual Fund 1.24%

JF India Fund 1.16%

Kotak Mahindra Trusteeship 1.15%

Birla Sun Life Insurance Company 1.09%

DSP Blackrock India T.I.G.E.R. Fund 1.05%


5/42

Diversified distribution with growing footprint

IVBL is making the transition from being a South

India focused bank .

AP41%

Rest ofSouth41%

Geographical Distribution No of BranchesMarch 2008

Total No of

Branches -432

to a Pan India Bank

AP34%

Rest ofSouth34%

North &East19%

Geographical Distribution No of BranchesDec 2011

Total No of

Branches -527


Pan-India network of 527 branches and ECs, 28 Satellite Office and 427 ATMs servicing over 2 mn customers ason Dec11

With dominant branch presence in South India, the bank is expanding its coverage in West and North India

Two-third of the branches now in Metro and Urban regions

Newly approved branch licenses concentrated in western and northern region and in Metro/ Urban centre's

North &East10%

8% 13%


6/42

Enhanced stakeholder value

Return on AssetsReturn on Equity

NIM Cost/Income ratio Fee based income

ROE improved to 12.29% (Dec-11) from

0.90% (Mar-06)

ROA improved to 1.13% (Dec-11) from

0.05% (Mar-06)

Consistent Improvement in Operating Metrics


NIM increased to 3.49% (Dec-11)from 2.73% (Mar-06)

Yield on advances

Increased yield to 11.66% (Dec-

11) from 8.78% (Mar-06)

Increased CASA (%)

CASA increased to 32.59% (Dec-

11) from 27.01% (Mar-06)

Reduced to 57.18% (Dec-11)from 83.36% (Mar-06)

Increased focus on:

Branch productivity

Employee productivity

Net NPA (%)

Reduced Net NPAs to 0.31% (Dec-

11) from 1.76% (Mar-06)

Other income as a % to totalincome increased to 34.43% (Dec-

11) from 34.18% (Mar-06)

Financials are on a standalone basis and prior year data is restated/re-classified for comparison purposes


7/42

Business Segments

ING Vysya Bank

BranchBanking

BusinessBanking /SME

Retail Banking Wholesale Banking

Large

Corporates InternationalClient Group

Private


ConsumerLoans

Agricultural

and RuralBanking (ARB)

EmergingCorporates

Banking andFinancialInstitution

Group

Financial Markets

Banking


8/42

Focused Assetgrowth engines

Retail: Focus primarily on growth in Business Banking/SME, Mortgages and selective focus onGold Loans, Personal Loans and Commercial Vehicles

Wholesale: Leverage ING Global relationships to service domestic clients, deepen relationships

with large Indian corporates and greater support and co-ordination with International Clients GroupGrow the share of Emerging Corporates (EC) in the local currency balance sheet

Growth

Retail: Deepen customer relationships with products servicing multiple target segments

Retail: Continue to grow footprint in Northern and Western parts of the country, while

consolidating in the South

Derive value from investments made in branch expansion and continue to drive efficiency andproductivity of existing network

Focused efforts to further scale retail fee engine Wealth Management, Trade & Forex, Asset

related fees

Wholesale: Leverage network to grow transaction banking platform to meet client needs

Improve the systems within EC business

Grow and

leverage thedistributionfranchise andstrengthensystems

Growth withRisk

Mitigation

Business Strategy Grow ahead of Market with better asset quality


cost liabilitiesand bettermarginproducts

including a strategic push on Current Account of the Business Banking/SME customer

Focus on operating account for corporate/salaried segment

Wholesale: Increase the share of EC in local balance sheet

Increase penetration of fees products such as DCM, PCM ,FM and CF

Selectively look at structured financing

Enhance

operatingefficiency

Retail: Increase overall profitability both from legacy network and growing footprint

Continuous improvement in technology platform for cost efficient & customer centric model

Increase per branch productivity closer to best in class

Wholesale: Increase the share of customer wallet through new product introductions anddeepen existing relationships

Focus on portfolio churning

Reposition asING in selectmarkets

To position as bank of choice to chosen customer segments

Migrate global best practices and knowledge

Continue investment in the brand as we expand footprint outside South India

FinancingMargins

Operating

Margins

Growthenabler


9/42

Enhancing Brand Awareness

Amongst Top 5 MostTrustedPrivate SectorBanks by Brand Equity

Most Trusted BrandsSurvey 2011

ATMs@ Malls & Hypermarkets


Focused outdoor advertisingING Vysya Bank branch at HughesRoad, Mumbai

9

Art Branch, Cuffe Parade, Mumbai


10/42

Presentation Path





Appendix



11/42


Improving Returns1

Delivering Consistent Growth and Profitability2

Strengthening Balance Sheet, Asset Quality & Mix3


Moving towards a diversified pan-India Bank4

Quality Management, Supported by a strong promoter5


12/42

Improving Returns 1

Return On Assets

0.05%

0.52%

0.74% 0.70%0.80%

0.89%

1.07%

0.00%

0.25%

0.50%

0.75%

1.00%

1.25%

Mar 06 Mar 07 Mar 08 Mar 09 Mar 10 Mar 11

Steady improvement in RoA from 0.05% to

0.89% (FY06 to 11)

RoA of 1.13% for the quarter ending Dec 2011

YTD Dec11


Return on Equity

0.90%

8.34%

12.03%

11.63%

11.81%

12.83%

12.65%

0%

4%

8%

12%

16%


RoE improved from 0.90% to 12.83% (FY 06 to 11)

ING raised ~Rs. 9.7 Bn via QIP in June 2011

RoE of 12.29% for the quarter ending Dec 2011

Financials are on a standalone basis and prior year data is re-classified for comparison purposes

YTD Dec11


13/42

Delivering Consistent Growth 2

Gross Advances (RsRsRsRs Bn)

105 122

147

169188

241 268

0

50

100

150

200

250

Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Dec-11

Overall advances growth CAGR of ~18% (FY06-11)

Y-o-Y growth of 22% in advances as on Dec 2011


Deposits (RsRsRsRs Bn)

15 19 33 3341 51 5121

2631 34

4354 5297

110140

182174

197 213

133154

205

249 259

302317

0

50

100

150

200

250

300

350


Term Savings Current

CASA growth CAGR of 24% (FY06-11)

CASA as a percent of total deposits improved from

27% as on Mar 06 to ~35% as on Mar 11

Overall deposits growth CAGR of 18% (FY06-11)

Y-o-Y growth of 16% in deposits as on Dec 2011



14/42

.. Profitability2

Net Total Income (Rs Mn)

Total Income growth CAGR of 22% (FY06-11)

Other Income growth CAGR of 25% (FY 06 -11)

Y-o-Y growth of 20% in total income for the

quarter ended Dec 2011

4,063 4,456 4,9846,496

8,29810,065

8,8922,110 2,522

3,982

5,4775,895

6,5504,729

335

204

307

6,1727,313

9,170

11,973

14,501

16,615

13,621

0

3,000

6,000

9,000

12,000

15,000

18,000

Mar 06 Mar 07 Mar 08 Mar 09 Mar 10 Mar 11 YTD Dec 11

Exceptional income Other income NII


Net Profit (Rs Mn)

625

1,428

2,219

264

141

203

91

889

1,569

1,888

2,422

3,1863,289

0

500

1,000

1,500

2,000

2,500

3,000

3,500


Exceptional items Net profit

Net Profit growth CAGR of 104% (FY06-11)

(~38% from FY07-11)

Y-o-Y growth of 44% in net profit for the quarterended Dec 2011


YTD Dec11


15/42

Improving Margins2

NIM

2.73% 2.79% 2.77%

2.84%

3.21%

3.25%3.31%

2.0%

2.2%

2.4%

2.6%

2.8%

3.0%

3.2%

3.4%


NIM %

Consistent improvement in NIMs from 2.73% for

FY06 to 3.25% (FY06-11)

NIMs of 3.49% for the quarter ending Dec 2011

YTD Dec11


os ncome a o

69.1% 66.5% 55.7%

3.3% 1.5%

1.2%

83.4%

72.4%68.0% 64.5%

56.9%61.8% 59.8%

0%

20%

40%

60%

80%

100%


Cost to income ratio % Exceptional items %

Continuous decline in Cost/Income ratio from 83.4% to

61.8% (FY 06-11)

For FY 11, cost/income ratio was 57.7% excluding one-

time additional retirement staff cost of Rs. 680 million Cost/Income ratio of 57.2% for the quarter ending Dec 11


YTD Dec11


16/42

..and Productivity2

Business per employee (RsRsRsRs Mn)1

3440 41

46 4750

54

0

10

20

30

40

50

60


Revenue per employee (RsRsRsRs Mn) 2

0.91.1

1.2

1.5

1.7 1.8

1.4

0.0

0.5

1.0

1.5

2.0

Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 YTD Dec11


us ness n ca es oans g ven + epos s- n er an epos s or e an

Average CASA per Branch (RsRsRsRs Mn)

75

94110 114

134

162175

0

50

100

150

200



evenue n ca e e o a ncome or e an


17/42

Strengthening Balance sheet 3

Capital Adequacy Ratio (%)1

Improvement in CAR from 10.7% in Mar 06 to

12.9% in Mar 2011

CAR of 14.1% as on Dec 2011 with tier 1 of

10.99%2

Capital raised:

10.7% 10.6% 10.2%11.7%

14.9% 12.9% 14.1%

8%

12%

16%2



1 Based on Basel I for Mar 06, Mar 07 and Mar 08 and Basel II for remaining years

2 Calculated excluding current year profit for FY 12 as per the RBI guideline

. n v a an a pre eren a

allotment in 2007

INR 4.15 Bn via QIP and a preferential

allotment in 2009

INR 9.69 Bn via QIP and a preferential

allotment in 2011

0%



18/42

Asset Quality 3

Gross NPA (RsRsRsRs Mn)

4,286

3,109

2,032

3,132

5,572 5,532 5,3814.09%

2.55%

1.38%

1.86%

2.96%

2.30%2.01%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000Gross NPA Gross NPA %

Gross NPA reduced from 4.09% in Mar 06 to

2.30% in Mar11

Gross NPA improved to 2.01% as on Dec 2011


Coverage and Net NPA Ratio

57.8%63.3%

49.2%

36.0%

60.2%

83.4% 85.0%1.8%

1.0%

0.7%

1.2%

1.2%

0.4%

0.3%

0.0%

0.5%

1.0%

1.5%

2.0%

0%

20%

40%

60%

80%

100%


Coverage Ratio* Net NPA Ratio

Mar 06 Mar 07 Mar 08 Mar 09 Mar 10 Mar 11 Dec 11

Net NPA reduced from 1.8% in Mar 06 to 0.4% in Mar11

Provision Coverage Ratio improved from 57.8% in Mar 06 to

83.4% in Mar 2011 (Best in class)

Net NPA of 0.3% and PCR of 85% as on Dec 2011



19/42

..and Diversified Asset Mix3

ConsumerBanking,21.2%

BusinessBanking/SME,

31.0%

Wholesale,42.7%

Agri & RuralBanking,

5.2%

Construction,6.3%

Infrastructure,5.3%

ProfessionalServices, 4.6%

Food & Agri,4.3%

Gems &

Gem & JewelleryRetailers, 8.5%

RentalDiscounting,

7.7%

Business Banking/SME Industry PortfolioWholesale Banking Industry Portfolio

Segment wise Composition ofAdvances Dec 2011



Telecom, 20.7%

NBFC, 16.8%

Manufacturing,8.9%

Retail, 8.6%

jewellery, 4.2%

Textiles, 4.0%

Chemicals, 3.4%

Basic Metal ,3.3%

Transport, 3.1%

Petroleum &Coal , 2.0%

Rubber & Plastic,1.8%

Paper , 1.7%

Minning, 1.1%

Trader, 31.1%

,6.9%

Contractor, 6.4%

Automobile, 6.1%

Textiles, 5.3%

Iron & Steel,4.4%

ServiceEnterprise, 3.4%

Pharmaceuticals,2.0%

OtherManufacturing,

9.0%

Others*, 9.1%

* Others include Education Institutions, Printing, ReadymadeGarments, Electronics, Recreation etc.


20/42

Geographical Distribution,

No. of Branches #, % share

Population wise Distribution, No. ofBranches#, % share

177 180 178 179 179

4374 77 89 101

33

44 4763 68432

478 481510

527

1

8%

82%

25%

75%

26%

74%

30%

70%

32%

68%

510527

Moving towards a diversified pan-India Bank4

Increasing presence in Western, North and

Eastern part of the country (from 18% in FY 06 to

32% of total branches as on Dec 2011)


# Includes Branches and ECs

179 180 179 179 179

Mar 08 Mar 09 Mar 10 Mar 11 Dec 11

AP Rest of South North & East West

150 167 166 173 179

114132 139

159 160

86

92 8990 9782

87 87 8891

432

478

Mar 08 Mar 09 Mar 10 Mar 11 Dec 11

Urban Metro Semi-Urban Rural

18%

19%

28%

35%

17%

18%

31%

34%


21/42


22/42

Presentation Path





Appendix



23/42

Retail Advances Evolution (Rs Bn)

Retail Asset Momentum Increasing share of BusinessBanking/SME and Mortgages

1.94x

33.5 37.646.4

67.482.6

31.441.9

43.0

53.4

54.6

14.0

16.0 19.0

17.2

15.5

78.9

95.4108.3

138.0152.8

0

25

50

75100

125

150

175Business Banking/SME Consumer Finance Others


Business

Banking/

SME42.50%

Mortgages

24.26%

Other than

Mortgages

15.47%

Others

17.77%

Business

Banking/SME54.08%

Mortgages

30.12%

Other than

Mortgages

5.63%

Others

10.17%

23

March 2008 December 2011

ConsumerFinance

Division39.73%

Consumer

Finance

Division35.8%

Mar-08 Mar-09 Mar-10 Mar-11 Dec-11


24/42

NTB Business Banking and Mortgages momentum

Business Banking/SME Limits Sanctioned (Rs Bn)

7.512.2

19.9

24.4

10.2

16.8

27.6

0

5

1015

20

25

30

Mar-09 Mar-10 Mar-11 Dec-11

YTD Full Year 3.25x


Mortgage Disbursal (Rs Bn)

11.9

7.1

12.9

9.2

13.9

10.5

17.0

02468

10

12141618

Mar-09 Mar-10 Mar-11 Dec-11

YTD Full Year

0.77x

HL:LAP =

89:11

HL:LAP =

86:14

HL:LAP =

65:35

HL:LAP =52:48


25/42

Average Retail CASA Growth Momentum

# Includes Branches and ECs

INR Bn Q1 '10 Q2 '10 Q3 '10 Q4 '10 Q1 '11 Q2 '11 Q3 '11 Q4 '11 Q1 '12 Q2'12 Q3'12

Retail Bank CASA Average 52.10 57.00 60.10 65.80 69.20 73.95 77.60 77.81 84.25 83.82 82.83

CASA New to Bank for theQuarter (NTB)

2.53 3.06 3.07 3.83 3.72 4.71 3.95 5.26 9.45 4.16 3.94

Feet on Street (FOS) 1,826 1,726 1,635 1,848 1,896 2,227 2,301 2,229 2,050 1,843 2,036

Branches # 477 474 474 481 483 488 491 510 515 527 527


22 24 2128

34

4540

4551

Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12

25

New to Bank Salary Accounts (000) for the Quarter

2.4x


26/42

Launched Indias first Platinum Multi-currency Forex card - a customer cannow carry upto 5 different currencies USD, GBP, EUR, AUD and JPY all on

one card

Countrys first Art Branch opened in Cuffe Parade, Mumbai. A unique

concept with an Art Gallery embedded into a bank branch, showcasing works

from leading Indian artists

Launched tailor-made niche products for high growth segments: Zwipe

Classic, a premium account for semi-urban/rural markets and Flexi, a current

Franchise Building


the balance maintained

Introduced MasterCard SecureCode to enable debit cards for online

shopping our customers can now shop for tickets, movies, electronics, apparel

and many other products across over 6000 e-commerce merchants

New internet banking offering went live with new portals for Corporate and

Business Banking/SME clients. The new best-in-class retail portal with instant

sign-on, RTGS, instant bill-pay and sub-limits for higher security to be launched

soon

26


27/42

Assets Evolution (Rs Bn)

Wholesale Bank Momentum Increasing share of LargeCorporates and Current Account growth

38.4 43.952.6

69.0

80.526.7 25.6 26.0

31.733.4

65.1 69.578.5

100.6113.9


Large Corporates Emerging Corporates 1.75x

Large Corporates share in

Wholesale advances increased

from 59% in Mar 08 to ~71% in

Dec 2011


100 97

199260

469

99 120

267

375


YTD Full Year

Current Account Evolution

4.69x

Current account balance as on

Dec 2011 was 4.7x of balance ason Dec 07

* From a base of 100 in Dec 2007


28/42

Revenue Momentum* Key Ratios

100120

182

216235

139

199

153

199

50

100

150

200

250

Mar-07 Mar-08 Mar-09 Mar-10 Mar-11

Revenue Trend Fee Income Trend

58.8%

68.2%64.5%

41.5%

49.6%

17.9% 15.3% 16.0% 13.2% 15.1%0%

20%

40%

60%

80%

Mar-07 Mar-08 Mar-09 Mar-10 Mar-11

Fee % Cost/Income Ratio

Wholesale Bank Momentum


Product Momentum *

* From a base of 100 in March - 2007

* From a base of 100 in March - 2007

Wholesale Average CASA Momentum#

#

From a base of 100 in March - 2009*December 2011 numbers have been annualized

100 100 100 100

217

166

227

62

0

50

100

150

200

250

Lending FM TransactionBanking

Advisory

Mar 07 Dec 11

2.17x 1.66x2.27x

0.62x

100 100 100 100

328

221184

272

-

100

200

300

400

Corporate &Investment

Banking

EmergingCorporates

Banks &Fnancial

Institutionsgroup

WholesaleBank

Mar 09 Dec 11

3.28x

2.21x 1.84x2.72x


29/42

Presentation Path





Appendix



30/42

Balance SheetRsRsRsRsMn

As at 31Dec 11

As at 31Dec 10

FY 10-11 FY 09-10 FY 08-09 FY 07-08 FY 06-07 FY 05-06 CAGR FY 06-11

Capital and Reserves 39,276 25,727 26,243 23,309 17,029 15,357 11,033 10,197 20.8%

Deposits 316,545 272,677 301,942 258,653 248,895 204,576 154,186 133,353 17.8%

Borrowings 54,117 47,793 41,469 36,714 31,853 17,467 14,812 15,694 21.4%

Liab. & Provisions 21,145 21,185 20,485 20,126 20,860 18,015 12,832 8,423 19.5%

Total Liabilities 431,082 367,383 390,140 338,802 318,637 255,415 192,863 167,667 18.4%

Cash, Inter-bank, etc 25,875 25,957 25,214 30,270 22,816 31,852 15,923 11,233 17.6%

Investments 115,725 107,376 110,207 104,729 104,955 62,933 45,278 43,723 20.3%

Advances 262,984 214,579 236,021 185,072 167,564 146,495 119,762 102,315 18.2%



, , , , , , , , .

Other Assets 21,494 14,532 13,669 13,772 18,929 10,142 7,941 6,341 16.6%

Total Assets 431,082 367,383 390,140 338,802 318,637 255,415 192,863 167,667 18.4%

As at 31

Dec 11

As at 31

Dec 10FY 10-11 FY 09-10 FY 08-09 FY 07-08 FY 06-07 FY 05-06 CAGR FY 06-11

CA 51,087 42,071 51,071 40,921 33,141 33,293 18,936 15,090 27.6%

SA 52,060 49,207 53,515 43,350 33,984 31,232 25,639 20,935 20.6%

TD 160,993 128,970 156,695 131,454 163,644 118,980 103,177 81,401 14.0%

CD 52,405 52,430 40,661 42,929 18,126 21,071 6,433 15,927 20.6%

Total Deposits 316,545 272,677 301,942 258,653 248,895 204,576 154,186 133,353 17.8%

CASA% 32.59% 33.47% 34.64% 32.58% 26.97% 31.54% 28.91% 27.01%


31/42

Profit & LossRsRsRsRsMn

Q3 FY12 Q3 FY11 FY 10-11 FY 09-10 FY 08-09 FY 07-08 FY 06-07 FY 05-06CAGR

FY 06-11

Net Interest Income 3,236 2,459 10,065 8,298 6,496 4,984 4,456 4,063 19.9%

Other Income 1,699 1,668 6,550 5,895 5,477 3,982 2,522 2,110 25.4%

Total Income 4,935 4,127 16,615 14,193 11,973 8,966 6,978 6,172 21.9%

Staff expenses 1,704 1,454 6,057 4,289 3,922 3,024 2,272 2,250 21.9%

Other Expenses 1,118 1,079 4,204 3,793 3,802 3,071 2,778 2,895 7.7%

Total Expenses 2,822 2,532 10,260 8,081 7,725 6,095 5,050 5,146 14.8%



Operating Profit 2,113 1,594 6,355 6,112 4,248 2,871 1,928 1,027 44.0%

Exceptional Items 307 204 335

Op Profit after Excep. Items 2,113 1,594 6,355 6,420 4,248 3,075 2,263 1,027 44.0%

Provisions 334 336 1,516 2,704 1,302 560 987 812 13.3%

Profit before tax 1,779 1,258 4,839 3,715 2,947 2,515 1,276 215 86.4%

Taxes 584 428 1,652 1,293 1,059 945 387 125 67.7%

Net Profit 1,195 830 3,186 2,422 1,888 1,569 889 91 103.8%


32/42

Key Ratios

Q3 FY12 Q3 FY11 FY 10-11 FY 09-10 FY 08-09 FY 07-08 FY 06-07 FY 05-06

Net Interest Margin 3.49% 3.10% 3.25% 3.21% 2.84% 2.77% 2.79% 2.73%

Yield on Advances 11.66% 10.13% 10.05% 10.53% 11.48% 10.49% 9.33% 8.78%

Cost of Deposits 6.94% 5.44% 5.25% 5.33% 6.83% 6.28% 5.27% 4.87%

Cost Income Ratio 57.18% 61.37% 61.75% 55.73% 64.52% 66.47% 69.05% 83.36%

Return on Assets 1.13% 0.88% 0.89% 0.80% 0.70% 0.74% 0.52% 0.05%

Return on Equity 12.29% 13.04% 12.83% 11.81% 11.63% 12.03% 8.34% 0.90%



* Capital Adequacy Ratio up to FY 07-08 as per Basel-I

CASA Ratio 32.59% 33.47% 34.64% 32.58% 26.97% 31.54% 28.91% 27.01%

Credit-Deposit Ratio 83.08% 78.69% 78.17% 71.55% 67.32% 71.47% 77.67% 76.73%

Gross NPA Ratio 2.01% 2.66% 2.30% 2.96% 1.86% 1.38% 2.55% 4.09%

Net NPA Ratio 0.31% 0.64% 0.39% 1.20% 1.20% 0.70% 0.95% 1.76%

Provision Cover 84.98% 76.41% 83.41% 60.19% 36.01% 49.19% 63.32% 57.79%

Capital Adequacy Ratio* 14.08% 12.69% 12.94% 14.91% 11.65% 10.20% 10.56% 10.67%


33/42

Presentation Path





Appendix



34/42

Reserve Bank of India

Scheduled Banks

Commercial Bks

163

Co-operative Banks

69

Foreign BanksIndian Banks

Scheduled BanksScheduled Banks are included in the Second Schedule of theBanking Regulation Act, 1965. Bank must have a minimumspecified networth and should also satisfy the RBI that isaffairs are not conducted in a manner detrimental to the

interests of its depositorsNon Scheduled BanksBanks not included in the Second Schedule of the BankingRegulation Act, 1965 and do not satisfy the conditionsState Co-operative BanksThese are co-operatives owned and managed by the state

Indian Banking Structure

Non Scheduled Banks 4

Indian Banking Structure


Public Sector

Banks

108

Nationali

sed

Banks -

26

Regional

Rural

Banks-

82

Old

Private

Sector

banks

14

New

Private

sector

banks

7

Private Sector

Banks

21

Include SBI and its subsidiaries and other banks that were

nationalized in 1969 and 1980Regional Rural BanksEstablished in 1975 by RBI to operate exclusively in the ruralareas to support agricultural growthNew Private Sector BanksEstablished after Government allowed new private sectorbanks to be set up in 1994

Old Private Sector BanksBanks that were established prior to 1994 by the privy states,community organizations or by a group of professionalsForeign BanksThese are banks that were registered outside India and hadoriginated in foreign country

Source: RBI ; as on Mar 2011


35/42

Geographic distribution of Advances (FY11)

SouthernRegion

27%

WesternRegion

NorthernRegion

23%

NorthEasternRegion

1%

EasternRegion

8%

CentralRegion

7%

Geographic distribution of Deposits (FY11)

SouthernRegion

21%

WesternRegion

33%

NorthernRegion

22%

NorthEasternRegion

2%

EasternRegion

11%

CentralRegion

11%

Indian Banking Industry : Regional Overview


Demographic distribution of Deposits (FY11)

Rural9%

Semi-Urban13%

Urban21%

Metropolitan57%

Source: Statistical Tables Relating To Banks In India 2010-11, RBI(Scheduled Commercial Banks)Note 1: Offices include administrative offices and branches

Demographic distribution of offices (FY11)

Rural36%

Semi-Urban25%

Urban21%

Metropolitan18%

B ki S G h


36/42

Banking Sector Growth

8,358 9,836 11,861 13,471

16,81319,937

FY 06 FY 07 FY 08 FY 09 FY 10 FY 11

INR Billion

CASA Advances

15,544 19,81224,769

30,00934,967

42,987

FY 06 FY 07 FY 08 FY 09 FY 10 FY 11

24%24% 28%16%ING ING


Total Deposits Net Profit

21,64726,970

33,20140,632

47,46956,164

FY 06 FY 07 FY 08 FY 09 FY 10 FY 11

246

312427

528 571703

FY 06 FY 07 FY 08 FY 09 FY 10 FY 11

Source: Statistical Tables Relating To Banks In India, RBI

17%18% 32%127%

ING

ING

ING i h 10 l ll li d i & f i l


37/42

Foreign4.3%

Private

4.0%

3.7%

3.4%

0.8%

0.6%

ICICI

HDFC

Axis

Yes

IndusInd

Deposits: Rs. 56 Trillion1

ING is amongst the top 10 locally listed private & foreign players

16.5

29.5

14.0

16.3

23.6

1.8

4.6

2.5

3.1

3.6

Price/T12MEarnings2 Price/Book2

PrivateSectorBanks


State-owned77.9%

17.9%

0.5%

1.0%

0.8%

0.8%

0.5%

ING Vysya

StandardChartered

J&K

Federal

South Indian

1 Source: Statistical Tables Relating To Banks In India 2010-11, RBI(Scheduled Commercial Banks)2 Source: Bloomberg as on 28th Feb 2012, Trailing 12 months earning and Book Value for FY11

12.8

12.6

6.8

11.8

10.0

1.6

1.5

1.2

1.4

1.6

OldPrivateSectorBanks

ForeignBank

Hi t f ING V B k Ltd (1/2)


38/42

History of ING Vysya Bank Ltd. (1/2)

We were incorporated as a public limited company on March 29, 1930 with the name The Vysya Bank

Limited and received our certificate of commencement of business on July 24, 1930. We received a

license to carry on the banking business in India under the Banking Regulation Act from the RBI on June

6, 1958. Our name was changed to ING Vysya Bank Limited and the fresh certificate of incorporation

consequent to the name change was granted on November 1, 2002. The RBI pursuant to its letter dated

December 10, 2002 amended the previous license to carry on banking business in India and permitted

the said change in name. We are a scheduled commercial bank within the meaning of the Reserve Bank

of India Act, 1934.

The registered office of our Bank upon incorporation was at 489, Avenue Road, Bangalore 560 002.

Subsequently, the registered office of our Bank was shifted to No. 72, St. Marks Road, Bangalore 560

001 and to our current location at ING Vysya House, No. 22, M.G.Road, Bangalore 560 001 on August


20, 2003

We are one of the oldest private sector banks in India with an 81 year long history and are engaged in

offering a wide variety of wholesale, retail and private banking products and services to our customers.

We currently have 514 bank branches (excluding 42 Satellite Offices, RCCs and ARMBs), 13 extension

counters and 427 ATMs, as on Dec 31, 2011.

As of March 31, 2011, we were the eighth largest private sector bank in India in terms of deposits and theninth largest private sector bank in India in terms of advances. Our debt capital markets services were

ranked fifteenth in Fiscal 2011 in India in the Bond Underwriters League Table published by Bloomberg.

History of ING Vysya Bank Ltd (2/2)


39/42

History of ING Vysya Bank Ltd. (2/2)

We are part of ING group, a global financial conglomerate of Dutch origin. ING group also has its presence inIndia through ING Vysya Life Insurance Company Limited and ING Investment Management (India) PrivateLimited. After acquiring Bank Brussels Lambart which had made strategic investments in our Bank between1996 and 2002, in November 2002, the ING group has made further investments in our Bank including throughpreferential allotments in November 2007, September 2009 and June 2011 post necessary regulatory approvals

ING Vysya Financial Services Limited is our wholly owned subsidiary engaged in the business of non-fund/feebased activities of marketing and distribution of various financial products/services of the bank.

While serving the Small and Medium Enterprises (SME) segment and the trading community has been ourtraditional strength, we have expanded our offerings to include a comprehensive range of banking services,


.

Our principal business activities are organized into three segments:o Wholesale Banking;

o Retail Banking; and

o Private Banking

Corporate Social Responsibility


40/42

Corporate Social Responsibility

Vision: To promote education of underprivileged children in India

Programs:

Learning centre for children living in slums and studying in Government schools,Makkala Jagriti (Bangalore); children living in red-light area, Hamari Muskaan(Kolkata); children living in rural areas, IIMPACT (Lucknow).

Day-Boarding School for Under-served children for children living in slums, ChristelHouse (Bangalore)

Residential shelter for promoting education of former child labourers, streetchildren, orphan children - Pratham (Mumbai), Sukrupa (Bangalore) and Support(Mumbai)

Residential shelter for visually impaired youth to continue higher education

Program Coverage:Karnataka, Andhra Pradesh,Maharashtra, Uttar Pradesh,Rajasthan, West Bengal, TamilNadu and Delhi


Learning on wheels program aims to raise awareness on environment friendlybehavior and to provide door-to-door elementary education classes for girls childrenin rural UP.

Balwadi (Pre-school) and Community Library programme for children living insemi-slum settlements , Akshara Foundation (Bangalore) and Great Indian DreamFoundation (Delhi)

Family strengthening programme for children affected by Tsunami, SOS ChildrensVillage (Nagapattinam)

Chances for children program in partnership with UNICEF in West Bengal andRajasthan

Hope Brigade Several employee volunteer programs were undertaken during theyear and ING Vysya Bank has contributed an amount of Rs. 42 lakhs towards thecause through payroll contribution and Raffle ticket sales.

40

Disclaimer


41/42

Disclaimer

Certain statements in these slides are forward-looking statements. These statements are based on managements currentexpectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those

included in these statements due to a variety of factors.

All financial and other information in these slides, is on an unconsolidated basis for ING Vysya Bank Limited only unless

specifically stated to be on a consolidated basis for ING Vysya Bank Limited and its subsidiaries. Please also refer to the

statement of financial and segmental results required by Indian regulations that has been filed with the stock exchanges in

India and is available in our website www.ingvysyabank.com. This presentation may not be all inclusive and may not contain all

of the information that you may consider material.



42/42


ingvysyabank_march2012

Documents