Bank Of India · NSE:BANKINDIA
Bank Of India — Q2 FY2020-21 Earnings Presentation
37 slides from Bank Of India's earnings presentation, Nov 6, 2020
Slide 1: Presentation on Financial Results for Quarter/Half Year ended 30th September 2020
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Slide 2: Q2 FY 2020-21
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Slide 3: Business Synopsis (Q-o-Q)
Business Synopsis (Q-o-Q) BOI Business Mix Variation (%) Variation (%) (Deposits + Sep19 Mar 20 Jun 20 Sep 20 over over Advances) Mar 20(YTD) Sep19 Global Business 895,030 972,026 1010,675 1015,400 43,374 4.46% 120,370 13.45 Domestic 758,172 840,209 877,292 894,761 54,552 6.49% 136,589 18.02 Foreign
Slide 4: Performance Highlights (Q-o-Q)
Performance Highlights(Q-o-Q) Net Interest Income Operating Profit 2845 3098 2460 4113 3860 3481 Sept' 2019 June' 2020 Sept' 2020 Sept' 2019 June' 2020 Sept' 2020 844 Profit After Tax Cost to Income Ratio 526 52.58% 45.18% 45.91% i1 266 I Sept' 2019 June' 2020 Sept' 2020 Sept' 2019 June' 2020 Sept'
Slide 5: Performance Highlights (Q-o-Q)
Performance Highlights(Q-o-Q) BOI Provision to operating profit ratio 87.91% Provision 89.17% 84.87% 83.03% Coverage 70.34% Ratio 77.12% Sept' 2019 June' 2020 Sept' 2020 Sept' 2019 June' 2020 Sept' 2020 Global Business Gross & Net NPA Ratio 10,10,675 10,15,400 16.31% 13.91% 13.79% 895,030 5.87% 3.58
Slide 6: Performance Highlights (Q-o-Q)
Performance Highlights(Q-o-Q) BOI Deposits 607529 Advances 595235 415440 407871 518037 376993 Sept' 2019 June' 2020 Sept' 2020 Sept' 2019 June' 2020 Sept' 2020 Domestic & Overseas Deposits Domestic & Overseas Advances 517577 532095 436531 359714 362666 321642 81507 75434 55725 45205 77658 55351 Sept
Slide 7: Performance Highlights (Q-o-Q)
Performance Highlights(Q-o-Q) BOI Risk Weighted Assets CET-1/TIER-1 11.00% 11.06% 302,333 304,631 296,492 9.46% 9.48% 9.67% 9.67% Sept' 2019 June' 2020 Sept' 2020 Sept' 2019 June' 2020 Sept' 2020 CRAR % Capital Funds 14.09% 42589 12.76% 12.80% 38867 37945 Sept' 2019 June' 2020 Sept' 2020 Sept' 2019
Slide 8: Domestic Deposits - CASA
Domestic Deposits - CASA BOI Sep 19 Sep 20 CA 5.32% CA 4.64 SA TD Others 37.02% TD % SA 52.03% Others 34.85% 46.93% Bulk Deposits Bulk 5.63% Deposits 13.58% CASA :42.35 % CASA : 39.49% (Rs in Crore) Type of Sep 19 Mar 20 Jun 20 Sep 20 Y-O-Y Growth deposits Current 23,033 26,046 28,069 24,380 5.85 Ac
Slide 9: Key Sectors – Domestic
Key Sectors – Domestic BOI % to Y-T-D Dome Y-O-Y Growth stic Industry Sep 19 Mar 20 Jun 20 Sep 20 Growt % credit h% Sep 20 Agriculture * 50,841 52,184 52,331 54,420 7.04 4.28 15.01 MSME 53,862 56,092 56,946 60,930 13.12 8.63 16.80 Retail 57,665 60,834 61,605 63,699 10.46 4.71 17.56 RAM 162,368 169,1
Slide 10: Retail Credit
Retail Credit BOI % to Y-O-Y Retail Particulars Sep 19 Mar 20 Jun 20 Sep 20 Growth % Credit Sep 19 Home 33572 35,994 36,465 37,678 12.23 59.15 Mortgage 6725 6,693 6,648 6,745 0.29 10.25 Auto 5106 5,599 5,660 5,972 16.96 9.38 Education 3235 3,128 3,122 3,132 (3.18) 4.92 Personal 1674 1,757 2,184 2,56
Slide 11: Domestic Credit – Industry-wise
Domestic Credit – Industry-wise BOI Segment % Y-O-Y on Corporate Sep-19 Credit Sept Particulars Mar-20 Jun-20 Sep-20 Growth % 20 Infrastructure 50901 54,447 55,222 56,935 11.85 24.80 Basic Metal & Metal products 13,573 13,571 13,838 13,348 -1.66 5.81 Textiles 8,193 8,421 8,402 8,685 6.01 3.78 Gems &
Slide 12: Priority Sector Advances
Priority Sector Advances BOI Y-O-Y % to Industry Sep 19 Mar 20 Jun 20 Sep 20 Growth% ANBC Agriculture 52318 52936 54894 57164 11.00 18.35 Out of which, 26508 26482 26727 29403 13.03 9.44 S&MF MSME 50547 52116 53029 57099 14.26 Out of which, 25830 27042 28211 30055 17.54 9.65 Micro Housing Loan 17427
Slide 13: Advances - Infrastructure Sectors
Advances - Infrastructure Sectors BOI Particulars Sep 19 Mar 20 Jun 20 Sep 20 Y-O-Y (%) Power 32,417 34,196 34,695 35,419 9.26 a) SEBs 13,026 13,917 14,720 15,362 17.94 b) Others 19,391 20,279 19,975 20,058 3.44 Roads and Ports 12,546 13,398 13,717 14,246 13.55 Telecom 486 492 482 478 (1.65) Other I
Slide 14: Rating Profile
Rating Profile BOI 12% 12% Unrated 12% 5% 6% Below BBB 6% BBB 20% 29% Govt. Exposure 51% 48% A & above Sep 19 Sep 20 A & Above ■Govt Exposures BBB Below BBB ■ Unrated2 13
Slide 15: SMA-1 & 2 Accounts
SMA - 1 & 2 ACCOUNTS BOI REPORTED TO RBI-CRILC (Central Repository of Information on Large Credits) EXPOSURE OF RS. 5 Crore and above No. of No. of FB+NFB No. of VERTICAL FB+NFB O/S FB+NFB O/S Borrowers Borrowers O/S Borrowers Sep 19 Jun 20 Sep 20 SMA-1 107 5819 15 1151 12 1127 SMA-2 111 10490 22 21
Slide 16: Sector breakup of Standard Restructured Advances
Sector breakup of Standard Restructured Advances 30.09.2020 SEP-19 SEP-20 NO. OF Sector NO. OF ACCOUNT AMOUNT AMOUNT ACCOUNT INFRA 15 1625 13 1616 INFRA-POWER 11 1427 9 1406 INFRA-TELECOM 0 0 0 0 INFRA-ROADS & PORTS 3 121 3 121 INFRA-OTHERS 1 77 1 89 AVIATION 1 3233 1 1660 TEXTILES 13 34 23 67 ENGG
Slide 17: NCLT Accounts as on 30.09.2020
NCLT ACCOUNTS as on 30.09.2020 BOI 39164.73 28585.01 2132.06 2123.55 6321.11 zoP NCLT 1 List NCLT 2 List Account Accounts Total filed by BOI filed by at NCLT other banks at NCLT Gross Exposure in INR crore Total Provision held (88.92%) : 34825.99 crore 16
Slide 18: Asset Quality – Sequential
Asset Quality – Sequential BOI Item Sep 19 Mar 20 Jun 20 Sep 20 Gross NPA 61,476 61,550 57,788 56,232 Net NPA 19,646 14,320 13,275 10,444 Gross NPA % 16.31 14.78 13.91 13.79 Net NPA % 5.87 3.88 3.58 2.89 Provision Coverage 77.12 83.74 84.87 87.91 Ratio (%) 17
Slide 19: Movement of NPA
Movement of NPA BOI Item Sep 19 Mar 20 Jun 20 Sep 20 Opening Balance 62068 61,730 61550 57,788 Less : Recovery 966 1,279 546 1,172 Upgradation 294 27 113 247 Write Off 2498 1,638 3505 411 Total reduction 3758 2,944 4164 1,830 Slippages 3166 2,764 402 274 Closing Balance 61476 61,550 57788 56,232 18
Slide 20: Breakup of Gross NPA
Breakup of Gross NPA BOI % to Particulars Sep 19 Mar 20 Jun 20 Sep 20 Domestic Credit Sep 19 Sep 20 Large Corporate 32537 31,799 28,367 27,964 20.43 15.16 MSME 9041 8,889 8,814 8,297 16.79 13.72 AGRICULTURE 8577 9,044 8,925 8,666 16.87 15.92 RETAIL 1693 1,806 1,746 1,615 2.94 2.54 TOTAL (Domestic) 5
Slide 21: Investments (Domestic)
Investments (Domestic) BOI Sep 19 Sep 20 Particulars AFS HTM HFT AFS HTM HFT SLR Investments 29134 79749 643 42824 94580 323 Of Which: Government 29134 79749 643 42824 94580 323 Securities Other Approved 0 0 0 0 0 0 Securities M Duration 1.77 - 4.67 1.49 - 5.54 Non SLR 13613 23695 - 14365 28252 3 In
Slide 22: Net Interest Income – (Quarter ended)
Net Interest Income – (Quarter ended ) BOI Quarter ended YoY Variation Particulars (Qtr) Sep 19 Mar 20 Jun 20 Sep 20 % Interest Income 10658 10,528 10234 10796 1.29 a. From Advances 7342 7,207 6992 7289 -0.72 b. From Investments 2588 2,770 2803 2903 12.17 c. From Money Market 728 550 439 602 Operati
Slide 23: Non-Interest Income – (Quarter ended)
Non-Interest Income – (Quarter ended) BOI Quarter ended Particulars Sep 19 Mar 20 Jun 20 Sep 20 Commission, Exchange & Brokerage 392 326 222 277 Profit from Sale of Investments 112 243 914 523 Profit from Exchange Transactions 405 418 333 417 Recovery In W/o accounts 98 252 30 108 Other Non Interest
Slide 24: Provisions
Provisions BOI Particulars Sep 19 Jun 20 Sep 20 Mar 20 Operating Profit 2460 2,653 2845 3098 Provisions for B&D 1452 7,316 767 2134 Standard Assets 225 632 759 (53) NPV / Others 327 87 2 (21) Depreciation on 49 107 -16 252 Investment Total Provisions before 2053 8142 1512 2312 Tax Profit before Tax
Slide 25: Cost of Deposits & Yield on Advance (Q-o-Q)
Cost of Deposits & Yield on Advance (Q-o-Q) BOI Cost Of Deposits -M-Yield On Advance 8.78 7.55 8.01 4.62 4.32 4.17 Sep-19 Jun-20 Sep-20 24
Slide 26: Key Financial Ratios
Key Financial Ratios BOI Sep 19 Sep 20 Particulars Domestic Foreign Global Domestic Foreign Global Cost of Deposits 5.17 1.76 4.62 4.67 0.73 4.17 Yield on Advances 9.54 4.15 8.78 8.69 2.61 8.01 Yield on Investments 7.28 6.19 7.23 6.57 6.55 6.57 Net Interest Margin (NIM) 3.36 1.28 2.99 2.88 1.32 2.66
Slide 27: Capital Adequacy – Basel-III
Capital Adequacy – Basel-III BOI Particulars Sep 19 Mar 20 Jun 20 Sep 20 Capital Adequacy - Basel III CET1 Capital 33,247 29,059 28,827 28,666 Tier I Capital 33,434 29,119 28,887 28,666 Tier II Capital 9,155 9,419 9,980 9,279 Total Capital(CRAR) 42,589 38,538 38,867 37,945 Total Assets 6,20,134 6,56
Slide 28: Branch Network
Branch Network BOI Overse as Particulars Sep 19 Jun 20 Sep 20 23 Rural 1831 1828 1828 Metro 991 Rural Semi-urban 1454 1454 1454 1828 Urban 811 812 810 Urban 810 Metro 992 992 991 Semi Domestic 5088 5086 5083 Urban Branches 1454 Overseas 25 23 23 Branches Total 5113 5109 5106 27
Slide 29: Alternate Delivery Channel
Alternate Delivery Channel BOI Internet Banking Users (in Thousands) UPI Users (in Thousands) 8,129 7,709 7,163 6,751 6,773 6,142 Q2 FY20 Q1 FY21 Q2 FY21 Q2 FY20 Q1 FY21 Q2 FY21 Mobile Banking Users (in Thousands) ATM Network 4521 5,825 3,850 5,750 5,711 1,864 Q2 FY20 Q1 FY21 Q2 FY21 Q2 FY20 Q1 FY21
Slide 30: Domestic Subsidiaries
Domestic Subsidiaries BOI HY Q1 HY Y - O -Y HY Q1 HY Y - O -Y Sep-19 FY21 Sep-20 Growth Sep-19 FY21 Sep-20 Growth (Amt Crore) (Amt crore) BOI Shareholding Ltd BOI Merchant Banker Ltd - Revenue 6.45 2.81 4.50 -30.25% 0.55 0.22 0.91 65.57% - Net Profit 3.20 1.14 1.46 -54.44% 0.11 -0.02 0.42 270.28% -
Slide 31: International Subsidiaries
International Subsidiaries BOI BOI Tanzania Ltd BOI Uganda Ltd INR Crores Sep'19 Mar'20 Sep'20 YOY Growth Sep'19 Mar'20 Sep'20 YOY Growth Deposits 335 376 410 22 408 468 498 22 Advances 230 247 242 5 303 347 350 15 Operating Profit 7 12 6 -15 8 18 11 33 Net Profit 5 7 3 -38 7 11 6 -20 NPA Gross 14 2
Slide 32: Shareholding Pattern - 30.09.2020
Shareholding Pattern - 30.09.2020 BOI Bodies BANK OF INDIA - EQUITY As on 30.09.2020 Financial Corporate, Institutions/ Individuals / % to Others, 4.64 0.29 Banks, 0.39 Category Shares Capital Insurance Promoter(Government of • Central Govt./ Companies, Others, 0.12 2919690866 89.10 4.66 State Govt.
Slide 33: COVID-19 Response so far
COVID-19 Response so far BOI Employees Operation Banks Operations were intact during Dedicated work force to ensure opening of lockdown: maximum branches and work from Home were Exercised wherever feasible Alternate Delivery Channel were fully Staff in isolation is exempted from Physically operation
Slide 34: Initiatives
Initiatives BOI • Tech-driven Credit Monitoring System for tracking of ‘Early Warning Signals’ implemented. • The migration of Technical platform from FINACLE 7 to FINACLE 10, is to be implemented by December’20. • “Enterprise wide Fraud Risk Management” framework for real-time fraud monitoring is n
Slide 35: Awards & Recognition
Awards & Recognition BOI * Best Performing Public Sector Bank in APY campaign Leadership Capital 2.0 (Jan-2020) for MD &CEO. Best Performing Public Sector Bank in APY campaign Makers of Excellence 3.0 (Nov-2019) for * Executive Director. Bank of India has won the second Most Trusted Brand Award in t
Slide 36: Vision, strategy and future outlook
Vision ,strategy and future outlook BOI Guidance for Mar 2021 *Deposits Growth 8% *Credit Growth 7% *Gross NPA 12% *Net NPA < 2% Continue to Expand the Bank’s retail, agriculture and MSME lending profile by leveraging its exiting customer base. Contain funding cost by sourcing low cost deposits such
Slide 37: Thank You
BOI Thank You 36