Analyst Presentation

1

Quarterly Financial Results

30.06.2019

2

Government of India 89.46

Bank & FI s

(Including Life

Insurance Corporation

of India)

6.21

FII s 0.26

Insurance Cos.

(Other than LIC) 0.16

Other Body Cos. 0.54

Public (Resident

Individuals & HUF) 3.18

NRIs 0.02

Others 0.17

Government of India

Bank & FI s

FII s

Insurance Cos.

Other Body Cos.

3

Total

Branches 4659

Rural 1604

Semi Urban 1345

Urban 827

Metro 883

ATMs 3304

Rural, 1604, 34.43%

Semi Urban, 1345, 28.87%

Urban, 827,

17.75%

Metropolitan, 883,

18.95%

Bank made turn around and earned Net Profit of

Rs.118 Cr after

successive losses during

last 14 quarters

(from Dec 2015).

CASA share in Total Deposits

has improved

from 42.72% as at the end

of June 2018 to

45.45% as at the end

of June 2019.

Total Deposits increased by Rs.4,186

Cr and stood at

Rs 2,97,781 Cr as on June 2019 as compared to

Rs.2,93,595 Cr as at the end of June 2018

High Cost Deposits have

reduced to Rs.58 Cr from

Rs.776 Cr reflecting decline of

92.52% on YoY basis

Net NPA has declined to 7.98% from 10.58% for

the same quarter last year. Net NPAs in absolute terms has also declined to Rs.11,441 Cr

from Rs.16,086 Cr in June 2018

PCR as at June’2019 stands at 76.85 % as

against 66.42% as at same

quarter last year

4

5

CASA Deposits have increased by Rs.9,915 crore to Rs.1,35,344 crore reflecting YoY growth

of 7.90%.

Core Deposits have registered growth of Rs.4,904 crore (1.67%) on YoY basis and reached

the level of Rs.2,97,723 crore.

Gross Advances stood at Rs.1,65,102 crore as against Rs.1,74,940 crore in June

2018.Technical Write off of Rs.8,919 Crore has primarily contributed to the decline of

Rs.9,838 Crore (5.62%) and moderation of Advances due to Capital constraints etc.

Total Business of the Bank, stood lower at Rs.4,62,883 crore primarily due to reduction in

High Cost/Bulk Deposits (Rs.718 crore),Technical write Offs (Rs.8,919 crore),and moderation

of Advances due to Capital constraints etc.

Operating Profit for the quarter has increased from Rs.384 crore in June’18 to Rs.1,104

crore in june’19.

Bank has earned Net Profit of Rs.118 crore during the quarter as against Loss of

Rs.1,522 crore during corresponding quarter previous year.

Gross NPA stood at 19.93% as against 22.17% in June 2018 and 19.29% in the immediately

preceding quarter ended March 2019.

Net Interest Margin(NIM) for the quarter has improved to 2.62% from 2.54% in FY2019.

The Bank’s CRAR (BASEL-III) has improved from 8.05% in June 2018 to 9.58% in June 2019.

Capital Infusion of Rs.6,582 crore by Govt of India and Rs.213 crore under ESPS in 2018-19

(ESPS allotment done May 2019).

Business per Empolyee has improved to Rs.13.11 crore from 12.65 crore on YoY basis.

6

2.62 2.61

2.34

2.54

2.20

2.30

2.40

2.50

2.60

2.70

QE 30June 2019

QE 30June 2018

QE March2019

YE March2019

Net Interest Margin

57.00

79.71

44.69

65.96

0.00

20.00

40.00

60.00

80.00

100.00

QE 30June2019

QE 30June2018

QE March2019

YE March2019

Cost to Income Ratio

1500

1550

1600

1650

1700

1750

1800

1850

QE 30 June 2019 QE 30 June 2018 QE March 2019

Axis

Tit

le

Net Interest Income

1678

1790

1603

0

50

100

150

200

250

300

350

400

QE 30 June 2019 QE 30 June 2018 QE March 2019

Liquidity Coverage Ratio (%)

340.03

246.58

294.64

7

5

5.05

5.1

5.15

5.2

5.25

5.3

QE 30 June 2019 QE 30 June 2018 QE March 2019

Cost of Deposits

5.25

5.13

5.10

6.5

6.6

6.7

6.8

6.9

7

7.1

7.2

7.3

7.4

7.5

QE 30 June 2019 QE 30 June 2018 QE March 2019

Yield on Advances

7.34 7.39

6.81

-3.5

-3

-2.5

-2

-1.5

-1

-0.5

0

0.5

QE 30 June 2019 QE 30 June 2018 QE March 2019

Return on Assets

-1.85 0.15 -2.96

2.20

5.64

10.52

6.33 5.26

7.18

0.00

2.00

4.00

6.00

8.00

10.00

12.00

QE 30 June 2019 QE 30 June 2018 QE March 2019

Credit Cost & Slippage Ratio

Credit Cost Slippage Ratio

8

Rs. in Cr

297781

293595

299855

290000

292000

294000

296000

298000

300000

302000

Jun’30, 2019 Jun’30, 2018 Mar’31, 2019

Total Deposits

135344

125429

138555

115000

120000

125000

130000

135000

140000

June 30,2019 30-Jun-18 March 31,2019

CASA

45.45%

42.72%

46.21%

Current 4.57%

Savings 40.88% Core Time

Deposit 54.53%

High Cost Deposit 0.02%

June 30,2019 Current 4.64%

Savings 38.08%

Core Time Deposit 57.02%

High Cost Deposit 0.26%

June 30,2018

9

Rs. in Cr

165102

174940

167729

160000

170000

180000

Jun’30, 2019 Jun’30, 2018 Mar’31, 2019

Advances (Gross)

SECTORS QE 30 June 2019 QE 30 June 2018 YoY Growth (%)

RETAIL 47618 47978 -0.75

AGRICULTURE 33969 33370 1.80

MSME 32783 31170 5.17

CORPORATE 50732 62422 -18.73

Total Gross Advance 165102 174940 -5.62

RETAIL 29%

AGRICULTURE 20%

MSME 20%

CORPORATE 31%

QE 30 June 2019

RETAIL 27%

AGRICULTURE 19%

MSME 18%

CORPORATE 36%

QE 30 June 2018

RAM:69% RAM:64%

10

Rs. in Crore

Gross NPAs :

June 30,2019

(Qtr.)

June 30, 2018

(Qtr.)

Mar. 31, 2019

(Qtr.)

Mar.31,2019

(F/Yr.)

Opening Gross NPAs 32356 38131 35333 38131

Slippage of PA to NPAs 2141 1831 1790 7992

Increase in balance of

existing NPAs 92 1106 534 2336

Sub Total 34589 41068 37657 48459

Less:

Up gradation 434 535 140 567

Recovery 715 1304 1992 5089

Sale of NPA 0 0 0 0

Regular write-off 134 451 1101 1853

Technical write-off 397 0 2020 8522

Recovery by adjustment of

Credit Bal Held in nominal

a/cs/ DICGC, ECGC claims

received

1 0 48 72

Sub Total 1681 2290 5301 16103

Gross NPAs 32908 38778 32356 32356

% of Gross NPAs to Gross

Advances 19.93 22.17 19.29 19.29

11

Particulars 30-Jun-19 30-Jun-18 31-Mar-19

Gross Advances 165102 174940 167729

Net Advances 143454 152064 146525

Gross NPA 32908 38778 32356

Net NPA 11441 16086 11333

Gross NPA % 19.93 22.17 19.29

Net NPA % 7.98 10.58 7.73

0

50000

100000

150000

200000

Gross Advances Net Advances Gross NPAs Net NPA

30-Jun-19 30-Jun-18 31-Mar-19

12

Sectorwise

SMA 1 & SMA 2

Q1FY20

Q1FY19

FY19

Corporate

3433.09 5371.71 2121.31

SME

5146.77 6923.29 5297.01

AGRI 1623.98 1889.96 1611.80

RETAIL

5442.04

5632.41

5395.95

Total 15645.88 19817.37 14426.07

129Accounts Admitted to NCLT

Rs. 18270.22cr

NPA accounts where

ICA signed/ likely to be

signed

Rs. 4838.10cr

6 Standard accounts

where ICA signed/ likely

to be signed Rs. 2502.42 cr

Rs.15656.53 Cr 85.69%

Rs.3271.68 Cr

Fund based O/S

52 Accounts filed in NCLT but

yet to be admitted Rs. 7844.46cr

Rs.6497.16 Cr 82.82 %

Provision Coverage Ratio (%)

13

14

76.85 66.42

76.60 65.24 58.52 64.97

0.00

20.00

40.00

60.00

80.00

100.00

June 30,2019 30-Jun-18 March 31, 2019

Provision Coverage Ratio (PCR) with TWO

Provision Coverage Ratio (PCR) without TWO

6.33 5.26

7.15

0.00

2.00

4.00

6.00

8.00

QE 30 June 2019 QE 30 June 2018 YE March 2019

6.05%

7.49%

7.58%

2.00%

2.12%

2.00%

June 18 Mar 19 June 19

TIER II

CET1/TI

ER I

9.61% 9.58%

CRAR

8.05%

• “Credit Risk Weighted Assets on Advances to Gross Advances” - Jun 18: 76.82%, Jun 19: 73.30%.

• “TRWAs to Total Asset” ratio - Jun 18: 50.69%, Jun 19: 45.04%.

15

Particulars

Qtr ended

Q1-FY-20

over Q1-FY-19 Qtr ended FY ended

June’19 June’18 Amt % Mar’19 Mar’19

Total Income 6493 5905 588 9.96 6621 25052

Total Expenditure 5389 5521 -132 -2.39 5102 21925

Net Interest Income 1790 1678 112 6.67 1603 6773

Operating Profit 1104 384 720 187.50 1519 3127

Total Provisions 986 1906 -920 -48.27 3996 8768

Net Profit / (Loss) 118 -1522 1640 107.75 -2477 -5641

NIM (%) 2.62 2.61 2.34 2.54

Return on Assets (%) 0.15 -1.85 -2.96 -1.70

(Rs. In Crore)

16

Particulars

Qtr ended Q1-FY-20

over Q1-FY-19 Qtr ended FY ended

June ’19 June ‘18 Amt % Mar ‘19

Mar ‘19

Interest Income 5714 5692 22 0.39 5477 22639

(i) Advances 3069 3328 -259 -7.78 2946 12950

(ii) Investments 2422 1982 440 22.20 2340 8454

(iii) Call money/

Balances

with banks

89 255 -166 -65.10 100 873

(iv) Others 134 127 7 5.51 91 362

Non Interest Income 779 213 566 265.73 1144 2413

Total Income 6493 5905 588 9.96 6621 25052

17

(Rs. In Crore)

Particulars

Qtr ended Q1-FY-20

over Q1-FY-19 Qtr ended FY ended

June 19 June 18 Amt % March 19 March 19

NON-INTEREST INCOME

TOTAL 779 213 566 265.73 1144 2413

Commission, Exchange &

Brokerage 337 259 78 30.12 361 1203

Trading Profit on Investments 233 -264 497 188.26 281 215

Recovery in Written off a/cs 73 121 -48 -39.67 354 557

Profit on Exchange Transactions 18 15 3 20.00 59 110

Rent on Lockers 67 38 29 76.32 37 141

ATM Interchange fee 28 30 -2 -6.67 25 117

Other Misc. Income

23 14 9 64.29 27 70

18

(Rs in crore)

Particulars

Qtr ended Q1-FY-20

over Q1-FY-19 Qtr ended FY ended

June 19 June 18 Amt % March 19 March 19

A)Interest Expended 3924 4014 -90 -2.24 3874 15866

i) Deposits 3783 3843 -60 -1.56 3756 15276

ii) RBI/Interbank

Borrowings 2 1 1 100.00 1 5

iii) Intt on Sub-

ordinate Debts 113 105 8 7.62 103 448

iv) Int on Borrowing/

Refinance* 26 65 -39 -60.00 14 137

B) Optg.Expenses 1465 1507 -42 -2.79 1228 6059

i) Establishment 883 966 -83 -8.59 546 3565

ii) Others 582 541 41 7.58 682 2494

Total Expenses (A+B) 5389 5521 -132 -2.39 5102 21925

19

(Rs. In Crore)

20

Particulars

Qtr ended Q1-FY-20

over Q1-FY-19 Qtr ended FY ended

June 19 June 18 Amt % March 19 March 19

OPERATING PROFIT 1104 384 720 187.50 1519 3127

Less: PROVISIONS 986 1906 -920 -48.27 3996 8768

i) NPA 921 2540 -1619 -63.74 4564 11030

ii) Restructured A/cs -16 -135 119 88.15 -66 -425

iii) Investment 201 502 -301 -59.96 270 984

iv) Standard Assets -19 -3 -16 -533.33 -89 -115

v) Unhedged exposure FCE 0 1 -1 -100.00 0 -1

v)Others -53 -137 84 61.31 55 -176

vi) Taxes -48 -862 814 94.43 -738 -2529

Net Profit/ (Loss) 118 -1522 1640 107.75 -2477 -5641

(Rs. In Crore)

21

Modified Duration: 2.16 Modified Duration: 2.99

Total Investments Book

Jun 19

Jun 18

Domestic Investments 1,32,569 1,11,879

- of which- SLR 1,00,514 82,435

Foreign Offices Investments - -

Whole Bank Investments 1,32,569 1,11,879

Break up of Domestic Investments (%)

JUN 19 JUN 18

G-Sec & T-Bill, 26.63%

SDL, 33.53%

CP, 19.43%

Corporate Bond, 6.52%

Others, 13.90%

(Rs in crore)

G-Sec & T-Bill, 44.62%

SDL, 33.36%

CP, 6.82%

Corporate Bond, 5.52%

Others, 9.69%

57% 61%

43% 39%

AFS

HTM

June 19 June 18

AFS Book

21

22

Total ATMs- 3304

Transactions

Through Alternative

Channel- 9394 lac

Figures in lac

36.64

43.25

13.60

20.08

1.85

4.14

0.00 10.00 20.00 30.00 40.00 50.00

(in lac)

(in lac)

20

18

20

19

30

-Ju

n3

0-J

un

UPI Mobile Banking Net Banking

Composition of Digital Transactions Count

453 310 474 519 292

3714

739 845

7345

1891

480 649 154

425

4168

754 1010

9532

0

2000

4000

6000

8000

10000

12000Period July 2017 to June 2018 Period July 2018 to June 2019

(Amount in Lakh)

23

*

UPI 6% IMPS

4% Internet Banking

6% debit

card(POS) 7%

AEPS 4%

ATM 51%

RTGS/NEFT 10%

Other Digital Mode

(NACH, PFMS,

NREGA, TAX COLL

etc) 12%

Composition of

Digital

Transactions

Count

July -17 to June 18

UPI 20%

IMPS 5%

Internet Banking

7%

debit card(POS)

2%

AEPS 4%

ATM 44%

RTGS/NEFT 8%

Other Digital Mode

(NACH, PFMS,

NREGA, TAX COLL etc)

10%

Compositio

n of Digital

Transactio

ns Count

July -18 to June 19

24

Digital Penetration for June Quarter 2019-20

• Processing 7.21 lakhs transactions per day

• Handled 6.5 crores transactions during the Quarter

• Number of UPI-VPA users: 4.14 lakhs UPI

• No. of cards issued during the Quarter 15.76 lakhs

• Processing 2.40 lakh transactions (POS/Ecom) per day Debit Card

• Number of Users : 43.25 lakhs

• Processing 1.94 lakhs transactions per day INB

• Number of ATM : 3304

• Processing 11.42 lakhs transactions per day ATM

• Number of Users : 20.08 lakhs

• Processing 18250 transactions per day Mobile Banking

25

Customer Touch Points

3664

1360

185

4808

4325

2008

414

3304

0

1000

2000

3000

4000

5000

6000

Internet Banking (in '000) Mobile Banking ((in '000) UPI users ((in '000) Number of ATMs

July 2017-June 2018 July 2018-June 2019

26

Financial Inclusion

5349

6628

1.08

Q1FY19 Q1FY20

Transactions Amount No. of Transactions

Transactions in BC Channel

(No. & Amt. in Crores)

No. of BC Outlets:6387

46 RSETI, 152 Training Programmes held, 4212 Youth Trained. 48 Financial Literacy Centres (FLC)

PM Suraksha Bima Yojana: 38.86 Lakh; PM Jeevan Jyoti Bima Yojana: 12.58Lakh; Atal Pension Yojana: Lakh 6. .6 5 (In Nos.)

Accounts & Amount in FI Channel

(No. in Crores)

No. of Accounts

2.05 1.87

1.15

1.37

0.72

0.68

Jun 18 Jun 19

PMJDY Others

Jun 18 Jun 19

Deposits (Rs. In Crs) 2639.81 3364.80

Average Balance (Rs.) 1407 1643

1.30

27

28

Particulars AS AT AS AT

30-Jun-2019 30-Jun-2018

Rs. Rs.

CAPITAL & LIABILITIES

Capital 4126 2618

Reserves and Surplus 15325 14078

Minorities Interest 45 41

Share Application Money Pending Allotment 0 0

Deposits 298243 294101

Borrowings 5094 5723

Other Liabilities and Provisions 8362 9680

TOTAL 331195 326240

ASSETS 0 0

Cash and Balances with Reserve Bank of India 26477 33032

Balances with Banks and Money at Call and Short Notice 674 274

Investments 128563 108780

Loans & Advances 144390 152996

Fixed Assets 4341 4316

Other Assets 26740 26834

Goodwill on Consolidation 9 9

TOTAL 331195 326240

(Rs. in Cr)

29

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