Bank Of India · NSE:BANKINDIA
Bank Of India — Q1 FY2024-25 Earnings Presentation
46 slides from Bank Of India's earnings presentation, Aug 3, 2024
Slide 1: Investor's Presentation - Unaudited Financial Results Q1 FY25 filing letter
arig; BOI "71K" Bank of India Ref No.:HO:IRC:SVM:2024-25: 2 1 6 ro Date: 03.08.2024. Scrip Code: BANKINDIA Scrip Code: 532149 The Vice President — Listing Department, The Vice-President — Listing National Stock Exchange of India Ltd., Department, Exchange Plaza, BSE Ltd., Bandra Kuria Complex, Bandr
Slide 2: Performance Analysis Q1 FY2024-25
Performance Analysis Q1 FY2024-25 ORIOUS GL 118 YE ARS www.bankofindia.co.in Visit: www.bankofindia.co.in Follow us on
Slide 3: Table of Contents
Table of Contents Key Highlights 3 Business Performance 4 - 17 Financial Performance 18 - 21 Asset Quality 22 - 29 Capital & Share Holding 30 - 31 Digital Banking, ESG, Awards, etc. 32 - 43 © 2024 Bank of India. All rights reserved 2
Slide 4: Performance Highlights - Q1FY25 YoY
Performance Highlights - Q1FY25 YoY Key Highlights Global Global Global Retail Agriculture MSME Business Deposits Advances Advances Advances Advances 12.34% 9.74% 15.82% 20.46% 22.18% 13.06% CASA Yield Gross Net CRAR Net on Advances NPA % NPA % Profit 5.51% 50 bps 205 bps 66 bps 58 bps 9.78% © 2024
Slide 5: Global Business
Global Business Business Performance (Amt in Rs. Cr) 13,64,660 13,23,515 12,14,808 7,37,920 7,64,396 6,96,544 5,85,595 6,00,264 5,18,264 30.06.23 31.03.24 30.06.24 Global Deposits Global Advances Global Business Mix © 2024 Bank of India. All rights reserved 4
Slide 6: Global Deposits & Advances
Global Deposits & Advances Business Performance (Amt in Rs. Cr) Domestic & Overseas Deposits Domestic & Overseas Advances 7,64,396 5,85,595 6,00,264 7,37,920 6,96,544 1,16,479 5,18,264 92,095 1,08,203 93,203 1,07,027 85,018 6,29,717 6,47,917 4,92,392 5,08,169 5,89,517 4,33,246 30.06.23 31.03.24 30.0
Slide 7: Global Deposits & Advances – Growth
Global Deposits & Advances – Growth Business Performance (Amt in Rs. Cr) QoQ Growth YoY Growth Particulars 30.06.23 31.03.24 30.06.24 Amount Percentage Amount Percentage Domestic Deposits 5,89,517 6,29,717 6,47,917 18,200 2.89 58,400 9.91 Overseas Deposits 1,07,027 1,08,203 1,16,479 8,276 7.65 9,452
Slide 8: Domestic Deposits
Domestic Deposits Business Performance (Amt in Rs. Cr) 11% Types of Deposits 30.06.23 31.03.24 30.06.24 30.06.23 44% 45% CASA (Amount) 2,60,615 2,69,871 2,74,973 CASA (%) 44.52 43.21 42.68 13% 31.03.24 44% Total Term Deposits 3,28,902 3,59,847 3,72,944 43% Retail Term Deposits (%) 43.89 44.25 44.48
Slide 9: Composition of Gross Domestic Advances
Composition of Gross Domestic Advances Business Performance (Amt in Rs. Cr) Particulars 30.06.23 31.03.24 30.06.24 Growth YoY% Agriculture 72,826 84,445 88,977 22.18 MSME 71,190 77,877 80,486 13.06 Retail 95,622 1,11,484 1,15,183 20.46 RAM 2,39,638 2,73,806 2,84,646 18.78 Corporate & Others 1,93,608
Slide 10: Retail Loans
Retail Loans Business Performance (Amt in Rs. Cr) Growth 12% Particulars 30.06.23 31.03.24 30.06.24 7% YoY (%) 30.06.23 9% 3% 55% Home loans 52,249 59,107 60,652 16.08 14% Vehicle loans 13,558 16,641 17,311 27.68 Education loans 2,976 3,424 3,473 16.70 12% 9% Mortgage loans 8,192 9,139 9,256 12.99 3
Slide 11: Priority Sector Advances
Priority Sector Advances Business Performance (Amt in Rs. Cr) Particulars Regulatory Target 30.06.23 31.03.24 30.06.24 ANBC 3,83,641 4,16,035 4,17,871 Priority Sector 1,64,922 1,83,459 1,90,573 % To ANBC 40.00 42.99 44.10 45.61 Agriculture 72,826 84,445 88,977 % To ANBC 18.00 18.98 20.30 21.29 Small
Slide 12: Domestic Credit – Sector Wise
Domestic Credit – Sector Wise Business Performance (Amt in Rs. Cr) Particulars 30.06.23 31.03.24 30.06.24 Infrastructure 67,054 58,860 60,330 Basic Metal & Metal products 16,926 16,561 20,289 Textiles 6,734 6,542 6,520 Gems & Jewellery 3,893 3,217 3,108 Chemicals & Chemical products 6,618 8,088 8,74
Slide 13: NBFC Portfolio - Global
NBFC Portfolio - Global Business Performance NBFC Portfolio (Amt in Rs. Cr) NBFC - Rating Distribution 14% 7% 2% Ratings 30.06.23 31.03.24 30.06.24 3% 18% AAA 48,027 56,843 60,270 12% AA 8,043 14,256 13,752 72% 73% A 1,772 5,640 4,163 30.06.23 31.03.24 BBB & Below 9,213 1,643 3,111 5% 4% Total 67,05
Slide 14: NBFC Portfolio – Rating Profile as on 30.06.24
NBFC Portfolio – Rating Profile as on 30.06.24 Business Performance Category AAA AA A BBB & below Grand Total NBFC - HFC 34% 8% 0% 0% 43% Backed by PSU 15% 2% 0% 0% 17% Backed by Bank 12% 2% 0% 0% 14% Private 8% 4% 0% 0% 12% NBFC-MFI 0% 1% 0% 0% 1% Private 0% 1% 0% 0% 1% NBFC-OTHERS 40% 8% 5% 4% 56%
Slide 15: Domestic Advances - Infrastructure Sector
Domestic Advances - Infrastructure Sector Business Performance (Amt in Rs. Cr) Particulars 30.06.23 31.03.24 30.06.24 Raising Infrastructure Bonds in FY 25 Power 43,503 35,124 35,503 Approval for Infrastructure Bonds FY 25 a) SEBs 16,688 14,780 15,217 ₹ 10,000 Crores - Generation 8,153 6,388 6,548 I
Slide 16: Benchmark wise Distributions of Advances – Standard Domestic
Benchmark wise Distributions of Advances – Standard Domestic Business Performance (Amt in Rs. Cr) Base Rate, 1% Standard Advances as Benchmark Rates Share (%) MCLR, 33% on 30.06.24 Others, 14% Base Rate 2,031 0.42 MCLR 1,56,827 32.62 Fixed Rate, 6% EBLR 2,21,340 46.04 Fixed Rate* 28,433 5.91 Others
Slide 17: External Ratings Distribution of Standard Corporate Advances
External Ratings Distribution of Standard Corporate Advances Business Performance Domestic Corporate Advances Above Rs. 50 Cr 2.56 5.10 2.32 5.15 3.67 3.74 88.67 88.79 31.03.24 30.06.24 A & above BBB Below BBB Unrated As on 30.06.24, Investment grade accounts form 93% of our Standard Corporate advan
Slide 18: Domestic Investments
Domestic Investments Business Performance (Amt in Rs. Cr) As on 31.03.24 As on 30.06.24 Particulars AFS HTM HFT Total AFS HTM FVTPL SUB-JV Total SLR Investments 36,057 137,971 1,274 1,75,302 22,318 1,40,789 27,144 - 1,90,251 of which 36,057 1,37,971 1,274 1,75,302 22,318 1,40,789 27,144 - 1,90,251 G
Slide 19: Net Interest Income (Global)
Net Interest Income (Global) Financial Performance (Amt in Rs. Cr) Particulars QE Jun 23 QE Mar 24 QE Jun 24 Y-o-Y (%) Interest Income 14,359 16,162 16,938 18 a. Advances 9,681 11,626 11,994 24 b. Investments 3,476 3,661 4,040 16 c. Money Market Operations & 1,202 875 904 -25 Others Interest Expende
Slide 20: Non Interest Income (Global)
Non Interest Income (Global) Financial Performance (Amt in Rs. Cr) QE QE QE Particulars Jun 23 Mar 24 Jun 24 Commission, Exchange & Brokerage 323 398 321 Cross Selling (Third Party Commission) 32 64 48 Recovery In W/o accounts 183 388 202 Other Non Interest Income 925 902 702 Total Non-Interest Inco
Slide 21: Operating Profit and Net Profit (Global)
Operating Profit and Net Profit (Global) Financial Performance (Amt in Rs. Cr) QE QE QE Y-o-Y Particulars Jun 23 Mar 24 Jun 24 (%) 3,752 3,557 3,677 (Amt -2 in Rs. Cr) Operating Profit Provisions for Bad & Doubtful 777 2,043 1,216 57 Standard Assets & others 111 -189 359 224 Dep. on Non-Performing I
Slide 22: Key Financial Ratios (Global)
Key Financial Ratios (Global) Financial Performance Particulars QE Jun 23 QE Mar 24 QE Jun 24 Yield on Advances (%) 8.10 8.47 8.60 Yield on Investments (%) 6.79 6.81 7.13 Yield on Funds (%) 7.34 7.24 7.64 Cost of Deposits (%) 4.22 4.71 4.82 Cost of Funds (%) 4.32 4.58 4.81 Net Interest Margin (NIM)
Slide 23: Asset Classification: Global Advances
Asset Classification: Global Advances Asset Quality (Amt in Rs. Cr) As on 30.06.23 As on 31.03.24 As on 30.06.24 Sectoral Outstanding Share (%) Outstanding Share (%) Outstanding Share (%) Standard Advances 4,83,682 93.33 5,56,412 95.02 5,72,548 95.38 Gross NPA 34,582 6.67 29,183 4.98 27,716 4.63 - S
Slide 24: SMA – Rs. 5 Cr & above
SMA – Rs. 5 Cr & above Asset Quality (Amt in Rs. Cr) Position of Rs. 5.00 crores & above 30.06.23 31.03.24 30.06.24 SMA Category Amount % to Std Adv Amount % to Std Adv Amount % to Std Adv SMA-0 12,478 2.58 5,917 1.06 7,985 1.39 SMA-1 603 0.12 502 0.09 627 0.11 SMA-2 1261 0.26 712 0.13 1042 0.18 Gra
Slide 25: Resolution Framework - Standard Restructuring (Domestic)
Resolution Framework - Standard Restructuring (Domestic) Asset Quality (Amt in Rs. Cr) Outstanding as on 30.06.24 % of Gross Category Total Provision Advances Resolution Resolution One Time Framework 1.0 Framework 2.0 Restructuring Retail 310 3,548 - 3,858 385 MSME 306 1,250 468 2,024 179 1.17% Corp
Slide 26: Movement of NPA (Global)
Movement of NPA (Global) Asset Quality (Amt in Rs. Cr) Segment QE Jun 23 QE Mar 24 QE Jun 24 Opening Balance (Gross NPA) 37,686 30,237 29,183 + Fresh Slippage 2,379 1,980 1,689 + Debits in existing NPA accounts 170 58 241 Total Addition 2,549 2,038 1,930 - Cash Recovery 1,120 1,437 1,201 - Upgradati
Slide 27: Sector wise breakup of Fresh Slippages
Sector wise breakup of Fresh Slippages Asset Quality (Amt in Rs. Cr) QE Jun 23 QE Mar 24 QE Jun 24 Sector Gross Net % Share Gross Net % Share Gross Net % Share Retail 747 472 19 506 147 7 588 382 20 Agriculture 1,330 918 36 1,021 626 31 737 530 27 MSME 1,532 920 36 1,259 794 39 1,056 761 39 Corporat
Slide 28: Sector wise Classification of Gross NPA
Sector wise Classification of Gross NPA Asset Quality (Amt in Rs. Cr) QE Jun 23 QE Mar 24 QE Jun 24 Sector Amount % to total Amount % to total Amount % to total Retail 2,258 6 2,240 8 2,412 9 Agriculture 9,533 28 9,540 33 9,537 34 MSME 10,133 29 10,066 34 10,657 39 Corporate 9,288 27 6,983 24 4,737
Slide 29: Asset Quality Ratio (Global)
Asset Quality Ratio (Global) Asset Quality (Amt in Rs. Cr) Particulars 30.06.23 31.03.24 30.06.24 Gross NPA 34,582 29,183 27,716 Net NPA 8,119 6,845 5,702 Gross NPA (%) 6.67 4.98 4.62 Net NPA (%) 1.65 1.22 0.99 Provision Coverage (%) 89.52 90.59 92.11 Slippage Ratio (%) 0.53 0.38 0.35 Credit Cost (%
Slide 30: Summary of NCLT Cases – Domestic (As on 30.06.24)
Summary of NCLT Cases – Domestic (As on 30.06.24) Asset Quality (Amt in Rs. Cr) Total No Provision Provision Particulars Book of Accounts held (%) Outstanding RBI List -1 2 1,432 1,432 100 RBI List -2 8 1,832 1,832 100 Cases filed and admitted in 69 5,770 4,927 85 NCLT by our Bank Cases under admiss
Slide 31: Capital Adequacy
Capital Adequacy Capital & Shareholding (Amt in Rs. Cr) Particulars 30.06.23 31.03.24 30.06.24 Particulars 30.06.23 31.03.24 30.06.24 Capital Adequacy - Basel III Total Risk 3,67,924 4,12,078 4,25,610 Weighted Assets CET-1 Capital 47,909 58,660 57,975 Credit RWA 3,07,289 3,46,220 3,64,928 Tier I Cap
Slide 32: Ratings & Shareholding Pattern
Ratings & Shareholding Pattern Capital & Shareholding (Amt in Rs. Cr) Domestic Long Term Rating Shareholding (%) Shareholding (%) Particulars As on 31.03.24 As on 30.06.24 Rating Agency Rating Government of 73.38 73.38 India CRISIL Ltd. AA+ (Stable) Life Insurance Corp 6.57 6.57 ICRA Ltd. AA+ (Stabl
Slide 33: Digital Initiatives
Digital Initiatives Customer 360 Unified View Portable UPI QR Sound Box Device To deeply understand our customers and Convenient UPI solution to our existing as their needs for enhanced service delivery well as new merchant customers. Updated Customer Relationship E-Platform Module (CRM Next) Expand
Slide 34: Digital Banking – Alternate Delivery Channels
Digital Banking – Alternate Delivery Channels Digital Banking Quarterly Transaction counts (in Cr) Internet banking Users (in lakhs) 132 124 139 131 90 102 94 89 Digital Digital Digital 85 Total Total Total 30.06.23 31.03.24 30.06.24 30.06.23 31.03.24 30.06.24 UPI Users (in lakhs) Mobile banking Use
Slide 35: Products offered through Digital Platform
Products offered through Digital Platform Digital Banking Business Verticals Products offered thru Digital Platform Agriculture KCC Crop Loan Self Help Group Gold Loan Bhoomihin Kisan card MSME MSME up to 10.00 lakh Mudra Kishor Mudra - Tarun MSME Renewal Resource Saving Account Retail Star Home Loa
Slide 36: Overseas Business Operations
Overseas Business Operations Other Parameters (Amt in Rs. Cr) No of foreign Categories offices as on Parameters QE Jun 23 QE Mar 24 QE Jun 24 30.06.24 Overseas Branches Deposits 1,07,027 1,08,203 1,16,479 21 (21) Advances 85,018 93,203 92,095 Overseas Subsidiaries (4) 23 Business Mix 1,92,045 2,01,4
Slide 37: Overseas Subsidiaries and Joint Ventures
Overseas Subsidiaries and Joint Ventures Other Parameters (Amt in Rs. Cr) Subsidiary / Business Interest Operating Net Capital Deposits Advances Joint Venture Mix Income Profit Profit Bank of India (New Zealand) Ltd. 250 457 700 1,157 16 7 5 Bank of India (Tanzania) Ltd. 68 472 382 855 14 3 2 Bank o
Slide 38: Domestic Subsidiaries and Joint Ventures
Domestic Subsidiaries and Joint Ventures Other Parameters As on 30.06.2024 Book value Percentage S No Name of the Company Nature of Business (in INR Crores) Holding Subsidiaries - Domestic 1 BOI Merchant Bankers Ltd. Merchant Banking Company 10.00 100.00 Depository Participants 2 BOI Shareholding Lt
Slide 39: RRBs Sponsored by Bank of India
RRBs Sponsored by Bank of India Other Parameters As on 30.06.24 (Amt in Rs. Cr) Area of Business S No Name of the RRB Profit operation Mix 1 Aryavart Bank Uttar Pradesh 58,724 25 Madhya Pradesh Madhya Pradesh 2 Grameen Bank 33,314 88 Maharashtra 3 Vidharbha Konkan 10,013 18 Grameen Bank © 2024 Bank
Slide 40: Branch Network & Global Presence
Branch Network & Global Presence Other Parameters Branch Network 30.06.24 Domestic Branches 5,155 - Metro 991 - Urban 833 - Semi Urban 1,466 - Rural 1,863 - Digital Banking Units 2 Overseas Branches 22 Total No. of Branches 5,177 No of ATMs & CRA 8,234 No of BCs 21,272 Total No of Customer Touch poi
Slide 41: Inclusive Growth – Social Security Schemes
Inclusive Growth – Social Security Schemes Other Parameters (No in Lakhs) PMJDY PMSBY PMJJBY APY 106 275 33.85 253 26.28 105 271 252 31.03.24 30.06.24 31.03.24 30.06.24 31.03.24 30.06.24 31.03.24 30.06.24 © 2024 Bank of India. All rights reserved 40
Slide 42: Manpower Optimisation
Manpower Optimisation Other Parameters (Amt in Rs. Cr) No. of Centralized Units and Staff Human Resource and business ratios No. of Officers Amount / No. Central Processing Unit No. of Units Parameter Posted As on 30.06.24 Zonal Centralised Total No. of Employee 50,555 69 299 Operations Dept. Female
Slide 43: People Initiatives
People Initiatives Design of Target Skill Building Employee Unique Roles Employee Performance Setting with Assessment Centers Survey and Wellness Management data-driven for talent of Excellence & Diagnostics customized Schemes (PMS) Tools insights diagnosis (CoEs) KRAs Development of Branch level 30
Slide 44: Environmental, Social & Governance (ESG) Practices
Environmental, Social & Governance (ESG) Practices E For a Sustainable Future Dedicated Towards ₹847 Crs Solar Head Office The head office LED light ESG cell for Renewable paperless invested in capacity Star House buildings have fittings in all formulating Energy banking: 4.68 Green Bonds installed
Slide 45: Disclaimer
Disclaimer to any specific objectives, financial situations or informational needs of any particular person. Except for the historical information , - forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those
Slide 46: Thank You
THANK YOU We express our gratitude to all our esteemed stakeholders for their support & trust and solicit their continued patronage to make our Bank grow exponentially in the coming years. www.bankofindia.co.in Visit: www.bankofindia.co.in Follow us on