Bank Of India · NSE:BANKINDIA
Bank Of India — Q2 FY2023-24 Earnings Presentation
40 slides from Bank Of India's earnings presentation, Nov 4, 2023
Slide 1: Investor's Presentation - Unaudited Financial Results Q2 FY24 (cover letter)
G2 4171FIC4it BOI .4111k ginitr..4 cor • • bm Azo• r Ti74 W. Ref No.:HO:IRC:SVM:2023-24:387 Date: 04.11.2023. Scrip Code: BANKINDIA Scrip Code: 532149 The Vice President — Listing Department, The Vice-President — Listing Department, National Stock Exchange of India Ltd., BSE Ltd., Exchange Plaza, 25
Slide 2: Performance Analysis Q2 FY 2023-24
Performance Analysis Q2 FY 2023-24
Slide 3: Table of Contents
Table of Contents Key Highlights |3 Business Performance | 4-14 Financial Performance | 15-18 Asset Quality | 19-25 Capital & Share Holding | 26-27 Digital Banking, ESG, etc. | 28-38 Visit: www.bankofindia.co.in | Follow us on 2
Slide 4: Performance Highlights – Q2FY24 – YoY
Key Highlights Performance Highlights – Q2FY24 – YoY Global Global Retail Agriculture MSME CASA Business Advances Advances Advances Advances Increased by Increased by Increased by Increased by Increased by Increased by 9.25 % 6.08 % 10.00 % 14.65 % 10.82 % 10.82 % Yield on NIM Gross NPA % Net NPA %
Slide 5: Global Business
Business Performance Global Business (Amt in Rs. Cr) 12,46,879 12,14,808 11,41,355 6,96,544 7,03,751 6,47,541 5,18,264 5,43,128 4,93,814 30.09.22 30.06.23 30.09.23 Global Deposits Global Advances Global Business Mix Visit: www.bankofindia.co.in | Follow us on 4
Slide 6: Global Deposits and Advances
Business Performance Global Deposits and Advances (Amt in Rs. Cr) Domestic and Overseas Deposits Domestic and Overseas Advances 6,96,544 7,03,751 Overseas 5,43,128 5,18,264 6,47,541 4,93,814 Overseas Share 1,07,027 1,04,901 90,487 Share 96,140 15 % 85,018 81,582 17 % Domestic Domestic 5,89,517 5,98,
Slide 7: Domestic Deposit
Business Performance Domestic Deposit 30.06.23 30.09.23 30.09.22 5% 6% 5% Current Savings 47% 44 44% 39% % 38 38% TD- Bulk Dep. % TD- Retail Dep. 9% 12 13% % (Amt in Rs. Cr) Types of Deposits 30.09.22 30.06.23 30.09.23 Savings Account 2,14,085 2,25,020 2,26,267 Current Account 28,145 35,596 30,690 C
Slide 8: Composition of Gross Advances (Domestic)
Business Performance Composition of Gross Advances (Domestic) (Amt in Rs. Cr) Growth Particulars 30.09.22 30.06.23 30.09.23 YoY% Agriculture 69,667 72,826 77,206 10.82% MSME 66,530 71,190 73,731 10.82% Retail 87,451 95,963 1,00,260 14.65% RAM 2,23,648 2,39,979 2,51,197 12.32% Corporate & Others 1,88
Slide 9: Retail Loans
Business Performance Retail Loans (Amt in Rs. Cr) Particulars Growth 30.09.22 30.06.23 30.09.23 YOY (%) Home loans 48,357 52,417 53,976 11.62% Vehicle loans 12,283 13,609 14,421 17.41% Education loans 2,849 3,034 3,233 13.48% Mortgage loans 7,859 8,237 8,587 9.26% Personal loans 5,886 7,115 7,818 32
Slide 10: Priority Sector Advances
Business Performance Priority Sector Advances (Amt in Rs. Cr) Regulatory Particulars 30.09.22 30.06.23 30.09.23 Target ANBC 3,59,608 3,83,641 3,99,803 Priority Sector 1,57,192 1,64,922 1,71,735 % To ANBC 40.00 43.71 42.99 42.95 Agriculture 69,667 72,826 77,206 % To ANBC 18.00 19.37 18.98 19.31 Small
Slide 11: Domestic Credit – Sector Wise
Business Performance Domestic Credit – Sector Wise (Amt in Rs. Cr) Particulars 30.09.22 30.06.23 30.09.23 Infrastructure 66,563 67,054 65,365 Basic Metal & Metal products 12,081 16,926 15,804 Textiles 7,506 6,734 6,469 Gems & Jewellery 4,234 3,893 3,614 Chemicals & Chemical products 6,163 6,618 6,72
Slide 12: Domestic Advances - Infrastructure Sector
Business Performance Domestic Advances - Infrastructure Sector (Amt in Rs. Cr) Particulars 30.09.22 30.06.23 30.09.23 Power 43,398 43,503 42,037 a) SEBs 19,714 16,688 17,698 - Generation 8,959 8,153 7,780 - Transmission 2,579 1,919 2,701 - Distribution 8,176 6,616 7,217 b) PSUs & Pvt Power Cos 23,68
Slide 13: Benchmark wise Distributions of Domestic Advances
Business Performance Benchmark wise Distributions of Domestic Advances (Amt in Rs. Cr) Others Base Rate 10% 1% Std Fixed Rate* 6% MCLR Benchmark Rates Composition Share (%) 35% as on 30.09.23 Base Rate 2,805 0.7 MCLR 1,45,644 34.6 EBLR 2,03,998 48.4 Fixed Rate* 25,593 6.1 Others 43,227 10.3 EBLR 48%
Slide 14: External Ratings Distribution of Standard Corporate Advances
Business Performance External Ratings Distribution of Standard Corporate Advances* 8% 6% 2% 3% 4% 4% 88% 85% 30.06.23 30.09.23 A & above BBB Below BBB Unrated * Domestic Corporate Advances – Above Rs. 50 Cr As on 30.09.23 Investment grade accounts form 92% of our std corp advances* portfolio Visit:
Slide 15: Domestic Investments
Business Performance Domestic Investments (Amt in Rs. Cr) As on 30.06.23 As on 30.09.23 Particulars AFS HTM HFT Total AFS HTM HFT Total SLR Investments 34,355 1,25,350 1,446 1,61,151 32,334 1,28,871 1,684 1,62,889 of which Govt Securities 34,355 1,25,350 1,446 1,61,151 32,334 1,28,871 1,684 1,62,889
Slide 16: Net Interest Income (Global)
Financial Performance Net Interest Income (Global) QE QE QE Q-o-Q Y-o-Y HY HY(Amt in Rs. Cr) Particulars Y-o-Y (%) Sep 22 Jun 23 Sep 23 (%) (%) Sep 22 Sep 23 Interest Income 11,497 14,359 14,971 4 30 21,470 29,330 37 a. Advances 8,130 9,681 10,588 9 30 15,099 20,269 34 b. Investments 2,876 3,476 3,4
Slide 17: Non Interest Income (Global)
Financial Performance Non Interest Income (Global) (Amt in Rs. Cr) Particulars QE QE QE Q-o-Q Y-o-Y HY HY Y-o-Y (%) Sep 22 Jun 23 Sep 23 (%) (%) Sep 22 Sep 23 Commission, Exchange & Brokerage 332 355 483 36 45 618 838 36 Profit from Sale and Revaluation of 151 297 81 -73 -47 4 377 - Investments Prof
Slide 18: Operating Profit and Net Profit (Global)
Financial Performance Operating Profit and Net Profit (Global) (Amt in Rs. Cr) Particulars QE QE QE Q-o-Q Y-o-Y HY HY Y-o-Y (%) Sep 22 Jun 23 Sep 23 (%) (%) Sep 22 Sep 23 Operating Profit 3,374 3,752 3,756 0 11 5,557 7,508 35 Provisions for - Bad & Doubtful 664 777 678 -13 2 1,969 1,455 -26 - Standa
Slide 19: Key Financial Ratios (Global)
Financial Performance Key Financial Ratios (Global) QE QE QE HY HY Particulars Sep 22 Jun 23 Sep 23 Sep 22 Sep 23 Yield on Advances (%) 7.21 8.10 8.54 6.90 8.32 Yield on Investments (%) 6.32 6.79 6.74 6.36 6.77 Yield on Funds (%) 6.09 7.34 7.38 5.71 7.22 Cost of Deposits (%) 3.54 4.22 4.49 3.51 4.35
Slide 20: Asset Classification: Global Advances
Asset Quality Asset Classification: Global Advances (Amt in Rs. Cr) Sectoral As on 30.09.22 As on 30.06.23 As on 30.09.23 Share O/s Share (%) O/s O/s Share (%) (%) Standard Advances 4,51,800 91.49 4,83,682 93.33 5,11,409 94.16 Gross NPA 42,014 8.51 34,582 6.67 31,719 5.84 - Sub-Standard 4,178 0.85 5
Slide 21: SMA – Rs. 5 Cr and above
Asset Quality SMA – Rs. 5 Cr and above (Amt in Rs. Cr) SMA Position of Rs. 5.00 crores and above 30.06.23 30.09.23 SMA Category Amount % to Std Adv Amount % to Std Adv SMA-0 12,479 2.58% 3,986 0.78% SMA-1 603 0.12% 516 0.10% SMA-2 1,261 0.26% 1,220 0.24% Grand Total 14,343 2.97% 5,722 1.12% Sector /
Slide 22: Resolution Framework - Standard Restructuring (Domestic)
Asset Quality Resolution Framework - Standard Restructuring (Domestic) (Amt in Rs. Cr) Outstanding as on 30.09.23 Resolution Resolution % of Gross Category One Time Total Provision Framework Framework Advances Restructuring 1.0 2.0 Retail 354 4,127 - 4,481 448 MSME 422 1,830 647 2,899 257 Corporate
Slide 23: Movement of NPA (Global)
Asset Quality Movement of NPA (Global) (Amt in Rs. Cr) QE QE QE FY23 Segment Sep 22 Jun 23 Sep 23 Opening Balance (Gross NPA) 44,414 37,686 34,583 45,605 Add: - Fresh Slippage 1,037 2,379 1,560 6,861 - Debits in existing NPA 257 170 90 1108 Total Addition 1,294 2,549 1,650 7,969 Less: - Cash Recover
Slide 24: Sector wise breakup of Fresh Slippages
Asset Quality Sector wise breakup of Fresh Slippages (Amt in Rs. Cr) QE Jun 23 QE Sep 23 Sector Gross Net % Share Gross Net % Share Retail 747 472 19 465 118 7 Agriculture 1,330 918 36 945 649 39 MSME 1,532 920 36 1,080 573 35 Corporate 373 191 7 218 216 13 Total Domestic 3,982 2,501 98 2,708 1,556
Slide 25: Asset Quality Ratio (Global)
Asset Quality Asset Quality Ratio (Global) (Amt in Rs. Cr) Particulars 30.09.2022 30.06.2023 30.09.2023 Gross NPA 42,014 34,582 31,719 Net NPA 8,836 8,119 7,978 Gross NPA (%) 8.51 6.67 5.84 Net NPA (%) 1.92 1.65 1.54 Provision Coverage (%) 88.96 89.52 89.58 Slippage Ratio (%) 0.30 0.53 0.34 Credit C
Slide 26: Summary of NCLT Cases – Domestic (As on 30.09.2023)
Asset Quality Summary of NCLT Cases – Domestic (As on 30.09.2023) (Amt in Rs. Cr) No of Total Book Provision Provision Particulars Accounts O/s held (%) 2 RBI List -1 1,434 1,434 100 9 RBI List -2 1,948 1,948 100 66 Cases filed and admitted in NCLT by our Bank 5,812 4,981 86 3 Cases under admission
Slide 27: Capital Adequacy (As on 30.09.2023)
Capital & Shareholding Capital Adequacy (As on 30.09.2023) (Amt in Rs. Cr) Particulars 30.09.22 30.06.23 30.09.23 Capital Adequacy - Basel III CET-1 Capital 42,342 47,909 47,824 Tier I Capital 43,694 50,761 50,676 Tier II Capital 6,962 6,632 8,633 Total Capital (CRAR) 50,656 57,393 59,310 Risk Weigh
Slide 28: Ratings and Shareholding Pattern as on 30.09.2023
Capital & Shareholding Ratings and Shareholding Pattern as on 30.09.2023 Domestic Long Term Rating Particulars Shareholding As on 30.09.23 Rating Agency Rating Government of India 81.41% Infomerics AAA (Stable) Life Insurance Corp 7.05% CRISIL Ltd. AA+ (Stable) Indian Public 5.51% ICRA Ltd. AA+ (Sta
Slide 29: Digital Banking – Alternate Delivery Channels
Digital Banking Digital Banking – Alternate Delivery Channels ATM & CRM (Actual Count) Internet banking Users (in thousands) 8,225 8,228 8,657 8,548 8,072 8,287 30.09.22 30.06.23 30.09.23 30.09.22 30.06.23 30.09.23 UPI Users Mobile banking Users (in thousands) (in thousands) 17,158 8,466 9,117 16,28
Slide 30: Digital Initiatives
Digital Banking Digital Initiatives BOI MOBILE OMNI NEO UPI Lite X (Offline - using NFC): Credit Card through e- BANK: An Omni channel digital A new variant of UPI Lite for Platform: Credit Card can be banking platform transacting in offline mode with “on on-boarded through Branch device wallet” and
Slide 31: Products offered through Digital Platform
Digital Banking Products offered through Digital Platform No of Accounts Digitally Offered QE Jun 23 QE Sep 23 Retail Loans Personal Loan 791 2,433 Pensioner Loan 37 238 Vehicle Loan 648 2,750 Agriculture Loan Products Gold Loan 48,814 1,34,199 Kisan Credit Card 531 7,119 SHG Loans 266 1,954 MSME Lo
Slide 32: Overseas Business Operations
Other Parameters Overseas Business Operations Categories No of foreign Amt in Rs. Cr offices Overseas Branches (21) as on 21 Overseas Subsidiaries (4) 22 Overseas Joint Ventures (1) 1 Representative Offices 1 IFSC Banking Unit (IBU)- GIFT 1 Total No of Foreign Offices 46 Parameters 30.09.2022 30.06.
Slide 33: Overseas Subsidiaries and Joint Ventures
Other Parameters Overseas Subsidiaries and Joint Ventures As on 30.09.2023 (Amt in Rs. Cr) Business Interest Operating Net Subsidiary/ Joint Venture Capital Deposits Advances Mix Income Profit Profit Bank of India (New Zealand) Ltd. 247 430 699 1,128 27 13 9 Bank of India (Tanzania) Ltd. 133 504 349
Slide 34: Domestic Subsidiaries and Joint Ventures
Other Parameters Domestic Subsidiaries and Joint Ventures As on 30.09.2023 S No Name of the Company Nature of Business Book value Percentage (in INR Crores) Holding Subsidiaries - Domestic 1 BOI Merchant Bankers Ltd. Merchant Banking Company 10.00 100.00 BOI Shareholding Ltd. Depository Participants
Slide 35: RRBs Sponsored by Bank of India
Other Parameters RRBs Sponsored by Bank of India As on 30.09.2023 (Amt in Rs. Cr) Area of S No Name of the Company Business Mix Profit operation 1 Aryavart Bank Uttar Pradesh 55,481 10 Madhya Pradesh Gramin 2 Madhya Pradesh 31,441 151 Bank Vidharbha Konkan 3 Maharashtra 9,333 20 Gramin Bank Visit: w
Slide 36: Branch Network and Global Presence
Other Parameters Branch Network and Global Presence Branch Network Sep-2022 Jun-2023 Sep-2023 Domestic Branches 5,102 5,131 5,135 - Metro 986 992 992 - Urban 820 829 830 - Semi Urban 1,457 1,456 1,456 - Rural 1,837 1,852 1,855 - Digital Banking Units 2 2 2 Overseas Branches 21 21 22 Total No. of Bra
Slide 37: Inclusive Growth – Social Security Schemes
Other Parameters Inclusive Growth – Social Security Schemes (Number in lakhs) 289 PMJDY PMJJBY 285 98 104 276 65 30.09.22 30.06.23 30.09.23 30.09.22 30.06.23 30.09.23 Cumulative Accounts Cumulative enrollments PMSBY APY 249 30 28 24 190 158 30.09.22 30.06.23 30.09.23 30.09.22 30.06.23 30.09.23 Cumul
Slide 38: Environmental, Social & Governance (ESG) Practices
ESG Environmental, Social & Governance ( ESG) Practices Environment Social Governance ➢ During the quarter ending Q2FY24, ➢ Bank has financed 43672 SHG’s ➢ Bank is having Board Approved ESG Bank has discounted 7149 Bills on through credit linkage with total policy in place. TreDS platform with outst
Slide 39: Disclaimer
Disclaimer "This presentation has been prepared by Bank of India (the “Bank”), solely for general information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. Except for the historical information contained herein, statements
Slide 40: Thank you
Thank you Visit: www.bankofindia.co.in | Follow us on