Bank Of India · NSE:BANKINDIA
Bank Of India — Q2 FY2021-22 Earnings Presentation
52 slides from Bank Of India's earnings presentation, Nov 2, 2021
Slide 1: Investor Relations Cell cover letter to exchanges
R1T r fq-Imr INVESTOR RELATIONS CELL srarq . HEAD OFFICE : te.1.( 41NitT, Star House, C-5, "G" Block, fnci, 8th Floor (East Wing), 41-u lm Bandra- Kurla Complex, q-rd-r (14 Sandra (East), 4.4 - 400 051 Mumbai — 400 051 vsci : (022)- 6668 4490 Phone : (022)- 6668 4490 (022)- 6668 4491 Fax : (022)- 66
Slide 2: Performance Analysis Q2 FY2021-22
ank of India Bank of India A Vationship beyond banking PERFORMANCE ANALYSIS Q2 FY2021-22 www.bankofindia.co.in 1
Slide 3: Key Highlights (As on 30.09.2021, on YOY basis)
* Bank of India Relationship beyond banking Key Highlights (As on 30.09.2021, on YOY basis) Gross Credit Deposit RAM A * Advances Ratio % Advances Increased by 2.70% on YOY Increased from 67.14% to Increased by 10.45% on basis 68.34% on YOY basis YOY basis Net Profit ROE % CRAR % Increased by 99.89%
Slide 4: Raising of Capital and External Rating
Bank of India Xerationship beyond banking Raising of Capital and External Rating Capital raised by Bank of India I I External Rating of Bank of India (since last 12 months) Domestic Long Term Rating Additional Tier-1 Rs. 750 'Mr (First Tranche) 31.01.2021 Rating Agency Rating Crores Infomerics Ratin
Slide 5: Table of contents
Bank of India 43 Table of contents Ree1ationship 6eyond 6anking 01 Key Performance Highlights (5-13) 02 Business Performance (14-25) 03 Financial Performance olik 74k4or, (26-33) 04 Asset Quality and Capital "le> tii, 3 j ovoi 05 Digital and New Initiatives (34-45) (46-51) www.bankofindia.co.in 4
Slide 6: Key Performance Highlights
Bank of India 43 Relationship beyond banking Key Performance Highlights www.bankofindia.co.in 5
Slide 7: Gross Advance
Gross Advance Bank of India 43 Relationship beyond banking (INR crores) 4,18,895 Q2FY22 2.70% YOY 1.01% QOQ 4,14,697 4,07,871 Q2FY21 Q1FY22 Q2FY22 Key Performance Highlights www.bankofindia.co.in 6
Slide 8: RAM + Govt. Guaranteed Advances
RAM + Govt. Guaranteed Advances Bank of India 43 Ree1ationship 6eyond 6anking RAM Advances RAM + Govt Guaranteed Advances 1,97,757 2,46,334 Q2FY22 Q2FY22 10.45%YOY 9.90% YOY 2,36,499 1,87,181 1,87,815 5.29%Q0Q 4.16% QOQ 2,32,593 2,28,570 1,80,997 1,79,049 2,24,140 1,69,172 2,13,025 Q1FY21 Q2FY21 Q3F
Slide 9: COVID Credit Support
Bank of India 43 COVID Credit Support Relationship beyond banking Till 30.09.2021 (INR crores) ECLGS (1.0, 2.0, 3.0 & 4.0) Number of Accounts 2,77,969 Total Amount disbursed 5,598.72 PM SVANidhi Number of Accounts 1,82,902 Total Amount disbursed 160.27 Health Care Units under MSME segment (Star Arog
Slide 10: Net Profit
Net Profit Bank of India 43 Relationship beyond banking (INR crores) 1,050.98 Q2FY22 99.89% YOY 45.97% QOQ 843.60 720.00 525.78 540.72 250.20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Key Performance Highlights www.bankofindia.co.in 9
Slide 11: Return on Equity (%)
Return on Equity (%) Bank of India 43 Relationship beyond banking .00 13.51% 10.34% 9.45% 9.54% 3.97% Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Key Performance Highlights www.bankofindia.co.in 10
Slide 12: Capital to Risk Asset Ratio (CRAR%)
Capital to Risk Asset Ratio (CRAR%) Bank of India 43 Relationship beyond banking 17.05% 15.07% 14.93% 12.80% 12.51% 12.76% Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 www.bankofindia.co.in 11 Key Performance Highlights
Slide 13: Asset Quality
Asset Quality Bank of India 43 Relationship beyond banking 13.91% 13.79% 13.25% 13.77% 13.51% 12.00% 3.58% 2.89% 2.79% 2.46% 3.35% 3.35% Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 • Gross NPA (%) • Net NPA (%) Key Performance Highlights www.bankofindia.co.in 12
Slide 14: Slippage Ratio and Credit Cost (%)
Slippage Ratio and Credit Cost (%) Bank of India 43 Relationship beyond banking 3.36 2.33 2.05 1.09 0.95 0.83 0.68 0.36 0.26 0.11 0.08 0.14 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 ■SLIPPAGE ■ CREDIT COST Key Performance Highlights www.bankofindia.co.in 13
Slide 15: Business Performance
Bank of India 43 Relationship beyond banking Business Performance www.bankofindia.co.in 14
Slide 16: Global Business
Bank of India 43 Global Business Relationship beyond banking (INR crores) Business Mix (Domestic, Overseas and Global) 10,15,400 10,38,083 10,31,856 8,94,761 9,17,956 9,14,307 Q2FY22 1.62% YOY -0.60% QOQ 1,20,640 1,20,127 1,17,549 Q2FY21 Q1FY22 Q2FY22 ■Domestic ■ Overseas Global BUSINESS PERFORMANCE
Slide 17: Global Deposits & Global Advances
Bank of India 43 Global Deposits & Global Advances Relationship beyond banking (INR crores) Global Deposits Global Advances 6,23,385 4,18,895 Q2FY22 Q2FY22 0.89% YOY 2.70% YOY -1.67% QOQ 4,14,697 1.01% QOQ 6,12,961 6,07,529 4,07,871 Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 BUSINESS PERFORMANCE www.
Slide 18: Deposits & Advances: Domestic & Overseas
Bank of India 43 Deposits & Advances: Domestic & Overseas Relationship beyond banking Domestic and Overseas Deposits (INR crores) Domestic and Overseas Advances Q2FY22 3,65,653 3,68,573 Q2FY22 5,52,303 5,45,734 3,62,666 5,32,095 2.56% YOY 1.63% YOY -1.19% QOQ 0.80% QOQ Q2FY22 Q2FY22 -10.88% YOY 11.3
Slide 19: Composition of Gross Advances (Domestic)
Bank of India v3 Composition of Gross Advances (Domestic) Relationship beyond banking Q2FY21 Q1FY22 Q2FY22 Govt & Govt Retail Govt & Govt Govt & Govt Guaranted 18% Guaranted Retail Q1FY22 Retail Q2FY22 12% Q2FY21 13% 19% Guaranted 19% RAM % on 53.65% RAM % on 51.36% 13% RAM % on 49.37% Domestic MSME
Slide 20: Domestic Deposit - CASA
• Domestic Deposit - CASA Q2FY21 52.21% % TD (Rs < 2 crores) I Types of Deposits Savings Account Current Account CASA (Amount / %) 4.65% 8.30% 34.85% CA • SA • TD- Bulk Deposits Particulars TD- Others Q2FY21 86% Q1FY22 CA SA Particulars 49.77% % TD (Rs < 2 crores) Q2FY21 182,901 24,380 2,07,281 / 39
Slide 21: Domestic Credit – Industry Wise
Bank of India 43 Domestic Credit – Industry Wise Relationship beyond banking (INR crores) Particulars Sep-20 Jun-21 Sep-21 Y-O-Y % to Growth % Domestic Advances Infrastructure 56,935 58,868 63,230 11.06 17.02 Basic Metal & Metal products 13,348 12,664 13,880 3.98 3.74 Textiles 8,685 7,766 7,274 -16.
Slide 22: Domestic Advances – Infrastructure Sectors
Bank of India 43 Domestic Advances – Infrastructure Sectors Relationship beyond banking (INR crores) Particulars Sep-20 Jun-21 Sep-21 Power 35,419 39,070 42782 a) SEBs 15,362 20,031 20,352 - Generation 10,402 9,762 9,288 - Transmission 931 1,624 1,588 - Distribution 4,341 8,645 9,506 b) Others 19,74
Slide 23: Retail Loans Portfolio (Domestic Advances)
Bank of India 43 Retail Loans Portfolio (Domestic Advances) Relationship beyond banking Composition of Retail Advances (%) Composition of Retail Advances (%) Q2FY21 Q2FY22 11.95% 12.80% 4.02% 5.21% 10.59% 9.70% 4.92% 59.15% 57.70% 3.83% 9.38% 10.77% Home loans Vehicle loans Education loans Home loan
Slide 24: Priority Sector Advance
Bank of India 43 Priority Sector Advance Relationship beyond banking (INR crores) Industry Sep-20 Jun-21 Sep-21 YOY Growth % % to Sept-21 ANBC Agriculture 55,426 59,301 61,886 11.65 17.85 Out of which , S&MF 29,281 32,804 35,512 21.28 10.24 MSME 55,591 57,443 58,684 5.56 Out of which, Micro 37,760 3
Slide 25: Corporate Rating
Bank of India 43 Corporate Rating Ree1ationship 6eyond 6anking 55% 56% 31% 32% 7% 5% 5% 5% 2% 2% As on 30.09.2020 As on 30.09.2021 ■Govt. Exposure ■ Unrated ■ BB & Below ■ BBB ■ A & above Govt. exposure, does not require any external rating and has relatively improved during the Q2FY22 on YOY basi
Slide 26: Domestic Investments
Bank of India 43 Domestic Investments Relationship beyond banking (INR crores) Sep-20 Sep-21 Particulars AFS HTM HFT AFS HTM HFT SLR Investments 42,824 94,580 323 28,893 97,561 (194) Of Which: Government 42,824 94,580 323 28,893 97,561 (194) Securities Other Approved - - - - - - Securities M Duratio
Slide 27: Financial Performance
Bank of India 43 Relationship beyond banking Financial Performance www.bankofindia.co.in 26
Slide 28: Net Interest Income
Bank of India 43 Net Interest Income Relationship beyond banking (INR crores) Particulars Quarter ended Variation (%) Q2FY21 Q1FY22 Q2FY22 YOY QOQ Interest Income 10,795 9,321 9,522 -11.79% 2.16% a. From Advances 7,289 6,018 6,510 -10.69% 8.18% b. From Investments 2,904 2,861 2,795 -3.74% -2.30% c.
Slide 29: Net Interest Income and NIM%
Bank of India 43 Net Interest Income and NIM% Ree1ationship 6eyond 6anking (INR crores) Net Interest Income Net Interest Margin (%) 4,113.29 2.88 3,523.48 2.65 3,144.61 2.66 2.35 2.42 2.16 1.32 1.01 1.02 Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 t Domestic Overseas GLOBAL FINANCIAL PERFORMANCE www.b
Slide 30: Non-Interest Income
Bank of India 43 Non-Interest Income Relationship beyond banking (INR crores) Particulars Quarter ended Variation (%) Q2FY 21 Q1FY22 Q2FY22 YOY QOQ Commission, Exchange & 277 239 340 22.75% 42.30% Brokerage Profit from Sale of Investments 256 880 429 67.25% -51.28% Profit from Exchange 417 754 568 3
Slide 31: Operating Profit, Provisions and Net Profit
Bank of India 43 Provisions Ree1ationship 6eyond 6anking (INR crores) Particulars Q2FY21 Q1FY22 Q2FY22 Operating Profit 2,831 2,749 2,678 Provisions for - Bad & Doubtful 2,134 873 241 - Standard Assets -74 899 631 - Depreciation on Investment -15 -119 22 Total Provisions before Tax 2,045 1,652 894 P
Slide 32: Profit After Tax
Bank of India 43 Profit After Tax Relationship beyond banking (INR crores) Profit After Tax Q2FY22 99.89% YOY 1,050.98 45.97% QOQ 720.00 525.78 Q2FY21 Q1FY22 Q2FY22 FINANCIAL PERFORMANCE www.bankofindia.co.in 31
Slide 33: Key Financial Ratios
Bank of India 43 Key Financial Ratios Relationship beyond banking Particulars Q2FY21 Q1FY22 Q2FY22 Cost of Deposits (%) 4.17 3.79 3.75 Yield on Advances (%) 8.01 6.67 7.01 Cost of Funds (%) 3.91 3.42 3.36 Yield on Funds (%) 6.31 5.16 5.34 Net Interest Margin (NIM) (%) 2.66 2.16 2.42 Cost to Income R
Slide 34: Efficiency Ratios
Bank of India 43 Efficiency Ratios Relationship beyond banking Cost of Deposits & Yields on Advances (%) Cost of Funds & Yield on Funds (%) 6.31 8.01 5.16 7.01 5.34 6.67 3.91 3.42 3.36 4.17 3.79 3.75 Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 Cost of Deposits Yield on Advances Cost of Funds Yield on
Slide 35: Asset Quality & Capital
Bank of India 43 Wationship beyond banking Asset Quality & Capital www.bankofindia.co.in 34
Slide 36: Asset Quality Ratio
Bank of India 43 Asset Quality Ratio Relationship beyond banking Item Sep-20 Jun-21 Sep-21 Gross NPA (INR crores) 56,232 56,042 50,270 Net NPA (INR crores) 10,444 12,424 10,576 Gross NPA (%) 13.79% 13.51% 12.00% Net NPA (%) 2.89% 3.35% 2.79% Provision Coverage Ratio (%) 87.91% 86.17% 87.81% Slippage
Slide 37: Slippages
Bank of India 43 Slippages Relationship beyond banking (INR crores) Segment Q1FY22 Q2FY22 - Retail 641.82 145.43 - Agriculture 991.36 343.76 - MSME 1,614.63 341.66 - Corporate & Others 409.38 476.23 Domestic (Total) 3,657.19 1,307.08 Overseas (Total) 284.47 0.00 Grand Total 3,941.66 1,307.08 Fresh S
Slide 38: Slippage Ratio and Credit Cost (%)
Slippage Ratio and Credit Cost (%) Bank of India 43 Relationship beyond banking 2.33 1.09 0.95 0.36 0.26 0.08 Q2FY21 Q1FY22 Q2FY22 ■SLIPPAGE ■ CREDIT COST ASSET QUALITY & CAPITAL www.bankofindia.co.in 37
Slide 39: Special Mention Accounts (SMA)
Bank of India 43 Special Mention Accounts (SMA) Relationship beyond banking (INR crores) SMA Position of Rs. 5.00 crores and above Q1FY22 Q2FY22 SMA-2 4,879 4,163 SMA-1 2,709 2,090 SMA-0 3,320 5,340 Total (SMA-0, SMA-1 & SMA-2) 10,908 9,793 SMA Portfolio on Gross Advances (%) 2.63% 2.34% (INR crores
Slide 40: Special Mention Accounts (SMA)
Bank of India Special Mention Accounts (SMA) Ketationship beyond' banking % of SMA (Rs. 5 cr & above) to Gross Advances 7345 Q4 FY 21 Q1 FY 22 Q2 FY 22 4879 5340 4163 4207 3320 2742 2709 .1 2090 1.79% 0.80% 1.27% 0.67% 0.65% 0.50% 1.03% 1.18% 0.99% SMA 0 SMA 1 SMA 2 % of Overall SMA to Gross Advance
Slide 41: Sectoral SMA Position
Bank of India 43 Sectoral SMA Position Relationship beyond banking (INR crores) ■31.03.2021 ■ 30.06.2021 30.09.2021 17682 14223 12006 9151 8636 9440 8399 8505 7808 6796 7009 6010 Retail MSME Agriculture Corporate & others ASSET QUALITY & CAPITAL www.bankofindia.co.in 40
Slide 42: Resolution Framework
Bank of India 43 Resolution Framework Relationship beyond banking (INR crores) Resolution Framework 1.0 Resolution Framework 2.0 One Time Restructuring (OTR) Category Outstanding as Category Outstanding as Category Outstanding as on 30.09.2021 on 30.09.2021 on 30.09.2021 Corporate 2,773 Corporate -
Slide 43: Movement of NPA
Bank of India 43 Movement of NPA Relationship beyond banking (INR crores) Segment Sep-20 Jun-21 Sep-21 Opening Balance 57,788 56,535 56,042 Add: Slippages 274 3,942 1,307 Less : - Recovery 1,172 851 3,218 - Upgradation 247 2,057 278 - Written Off 411 1,527 3,583 Total Reduction 1,830 4,435 7,079 Clo
Slide 44: Summary of NCLT Cases (As on 30.09.2021)
Bank of India 43 Summary of NCLT Cases (As on 30.09.2021) Relationship beyond banking (INR crores) No of Particulars Total book Provision %- accounts o/s held Provision 4 RBI List -1 2085.23 2085.23 100% 10 RBI List -2 2093.48 2093.48 100% 68 Cases filed and admitted in NCLT by our Bank 3451.04 3106
Slide 45: Capital Adequacy
Capital Adequacy Bank of India 43 Relationship beyond banking (INR crores) Particulars 30.09.2020 30.06.2021 30.09.2021 Capital Adequacy - Basel III CET1 Capital 28,666 34,565 39,758 Tier I Capital 28,666 35,917 41,110 Tier II Capital 9,279 9,286 9,375 Total Capital(CRAR) 37,945 45,203 50,485 Risk W
Slide 46: Shareholding Pattern as on 30.09.2021
Bank of India 43 Shareholding Pattern as on 30.09.2021 Relationship beyond banking As on 30.09.2021 Particulars Shareholding Percentage of Holding (%) • Government Pattern Of India As on 30.09.2021 5.12% 7.05% Government of India 81.41% 6.41% • Others Life Insurance Corporation 7.05% Indian Public 5
Slide 47: Digital Banking, Financial Inclusion & New Initiatives
Bank of India 13 Ree1ationship beyond banking Digital Banking, ..... ......... e•• 0 Financial Inclusion & New Initiatives (14 TRANSFER www.bankofindia.co.in 46
Slide 48: Alternate Delivery Channel
Bank of India 43 Alternate Delivery Channel Relationship beyond banking Internet Banking Users (in Thousand) Mobile Banking Users (in Thousand) 7884 5109 7598 4338 3418 7155 Q2FY21 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 UPI Users (in Thousand) 11431 9979 8288 Q2FY21 Q1FY22 Q2FY22 www.bankofindia.co.in 4
Slide 49: Financial Inclusion - Products
Financial Inclusion - Products Wviationship 6eyond- banking PMJDY PMSBY 235980 232797 33.10 207281 30 25 17.57 8626 9511 9822 Q1FY22 Q2FY22 Q2FY21 Q1FY22 Q2FY22 DFS Target (% of PMJDY A/Cs eligible) Achievement Against DFS Target Total CASA in Cr Deposit in PMJDY in Cr Bank has achieved 33 % PMSBY e
Slide 50: Initiatives
Initiatives Bank of India 43 Ref-a onship beyond banking Co-lending tie-up with MAS Financial Services has been initiated successfully. E-PLATFORM solution being implemented for Straight Through Origination and process of all Banking products. Security Solutions- Bank has procured and implemen
Slide 51: Awards & Recognition
Awards & Recognition Bank of India 43 Relationship beyond banking Forbes recognizes “Bank of India” as one of the World’s Best Employer 2021. Bank has been awarded Rajbhasha Kirti Puraskar (1st Prize) for the year 2019-20 for the excellent performance in official language implementation. Bank
Slide 52: Thank You!
Bank of India 43 Relationship beyond banking THANK YOU! www.bankofindia.co.in 51