Bank Of India · NSE:BANKINDIA
Bank Of India — Q3 FY2023-24 Earnings Presentation
42 slides from Bank Of India's earnings presentation, Feb 2, 2024
Slide 1: Investor's Presentation - Unaudited Financial Results Q3 FY24 cover letter
Bank of India n BIM A .Ref No.:HO:IRC:SVM:2023-24:518 -R9tW Date: 02-02.2024. Scri 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 Kurla Complex, Bandra East,
Slide 2: Performance Analysis Q3 FY 2023-24
Bol om ; Bank of India Performance Analysis Q3 FY 2023-24 Visit. www.bankofindia.co.in | Follow us on @i Spinto ore rs
Slide 3: Table of Contents
Table of Contents 0 Key Highlights x o Business Performance Bank of India 4" a Financial Performance IA Asset Quality no Capital Er Share Holding 0 Digital Banking, ESG, etc. O © 2024 Bank of India. All rights reserved
Slide 4: Performance Highlights - Q3FY24 - YoY
Performance Highlights - Q3FY24 - YoY BOI Global Business Global Advances Retail Advances MSME Advances A. „, Adt, ,„ AIL 9.60 0/0 5.92 % 11.29 lo 15.40 io 14.23 % 10.61 % rat Yield on Advances Yield on Investment Gross NPA 0/0 Net NPA 0/0 Net Profit 70 bps 18 bps 231 bps \, 20 bps 46 bps T 62% © 20
Slide 5: Global Business
Global Business B01 -4C Business Performance (Amt in Rs. Cr) 12,72,887 12,46,879 11,61,441 7,03,751 7,07,827 6,53,691 5,43,128 5,65,060 5,07,750 31.12.22 30.09.23 31.12.23 • Global Deposits • Global Advances • Global Business Mix © 2024 Bank of India. All rights reserved 4
Slide 6: Global Deposits & Advances
Global Deposits Er Advances BOI 4c ss Performance (Amt in Rs. Cr) Domestic & Overseas Deposits Domestic & Overseas Advances 5,65,060 7,07,827 5,07,750 5,43,128 6,53,691 7,03,751 90,048 1,04,901 1,08,690 90,487 96,984 81,128 5,98,850 5,99,137 4,52,641 4,75,012 5,56,707 4,26,622 31.12.22 30.09.23 31.1
Slide 7: Domestic Deposit
Domestic Deposit BOI Business Performance (Amt in Rs. Cr) 31.12.22 Types of Deposits 30.09.23 31.12.23 CASA (Amount) 2/46/718 2,56,956 2,61,335 CASA (%) 44.56 43.13 43.88 30.09.23 Total Term Deposits 3,06,991 3,38,816 3,34,170 Retail Term Deposits (%) 46.01 44.10 44.28 Bulk Deposits (%) 12.77 11.83
Slide 8: Composition of Gross Domestic Advances
Composition of Gross Domestic Advances BOI Business Performance (Amt in Rs. Cr) Particulars 31.12.22 30.09.23 31.12.23 Growth YoY% Agriculture 70,334 77,226 80,345 14.23% MSME 69,250 73,731 76,600 10.61% Retail 91,371 1,00,260 1,05,445 15.40% RAM 2130/955 2,51,217 2/62,390 13.61% Corporate & Others
Slide 9: Retail Loans
Retail Loans BOI Business Performance (Amt in Rs. Cr) 31.12.22 Growth Particulars 31.12.22 31.12.23 YoY (%) Home loans 50,250 53,976 56,255 11.95% Vehicle loans 13,042 14,421 15,642 19.93% Education loans 2,912 3,233 3,351 15.08% 30.09.23 ..0 Mortgage loans 8,078 8,587 8,896 10.13% Personal loans 6,
Slide 10: Priority Sector Advances
Priority Sector Advances BOI Ikr- Business Performance (Amt in Rs. Cr) Regulatory Particulars 30.09.23 Target J ANBC Priority Sector 0/0 To ANBC Agriculture % To ANBC Small & Marginal 3,72,302 1,60,794 43.19 70,334 18.89 3,99,803 1,71,838 42.98 77,226 19.32 4,07,346 1,77,688 43.62 80,345 19.72 I f 2
Slide 11: Domestic Credit - Sector Wise
Domestic Credit - Sector Wise BOI -4( Business Performance (Amt in Rs. Cr) 30.09.23 31.12.23 Infrastructure 66,221 Mr 6W 63,142 Basic Metal & Metal products 13,586 15,8814 16,890 0 Textiles 7,633 Elk 6,469 6,647 Gems & Jewellery 4,025 3,614 3,162 Chemicals & Chemical products 6,413 6,726 7,783 Bank
Slide 12: NBFC Portfolio - Global
NBFC Portfolio - Global BoIk (Amt in Rs. Cr) NBFC Portfolio NBFC - Rating Distribution 49,985 53,969 53,771 57,105 7 AA 9,386 9,549 10,470 13,258 A 2,165 1,932 1,683 1,467 BBB & Below 7,933 4,278 6,054 4,545 75% Total Global NBFC as % of 12.61 12.46 12.17 12.44 total Global . . . . 31.12.23 31.03.23
Slide 13: Domestic Advances - Infrastructure Sector
Domestic Advances - Infrastructure Sector BOI lic Business Performance (Amt in Rs. Cr) Particulars 31.12.22 30.09.23 Power 42,721 42,037 39,583 a) SEBs 19,945 17,698 16,084 - Generation 8,673 7,780 7,026 - Transmission 2,756 2,701 2,593 - Distribution 8,516 7,217 6,465 b) PSUs 23,684 26,815 24,339 &
Slide 14: Benchmark wise Distributions of Advances
Benchmark wise Distributions of Advances Bol Business Performance (Amt in Rs. Cr) A [mee Base Rate, 1% z He} et ee MCLR, 33% Others, 12% eR Standard Benchmark d @ Rates Advances as on Share (%) 31.12.23 ed Rate, i fo ase kate 0.5 (Amt in = Cr) St Fase Ret eve 6 MCLR 146,432 32.90 EBLR 2,12,466 ATTA
Slide 15: Rating distribution of advances
6% 5% 2% 2% 4% 4% 88% 89% 30.09.23 31.12.23 A & above BBB Below BBB Unrated
Slide 16: Domestic Investments
Domestic Investments BOI lic Business Performance (Amt in Rs. Cr) As on 30.09.23 Particulars r4 HIM HFT r1 HIM HFT Total SLR Investments 32,334 1,28,871 1,684 1,62,889 29,651 1,32,035 1,429 1,63,115 of which 1,63,115 32,334 1,28,871 1,684 1,62,889 29,651 1,32,035 1,429 Govt Securities Non SLR 14,667
Slide 17: Net Interest Income (Global)
Net Interest Income (Global) BOI - 4( Financial Performance (Amt in Rs. Cr) QE QE QE Y-o-Y 9M 9M Y-o-Y Particulars (%) (%) Dec 22 Sep 23 Dec 23 Dec 22 Dec 23 Interest Income 12,728 14,971 15,218 20 34,198 44,548 30 a. Advances 8,828 10,588 10,986 25 23,927 31,255 31 b.Investments 2,985 3,483 3,502 1
Slide 18: Non Interest Income (Global)
Non Interest Income (Global) BOI - 4( Financial Performance (Amt in Rs. Cr) Y-o-Y Y-o-Y Particulars (%) (%) Commission, Exchange 384 483 449 17 1,002 1,287 29 Er Brokerage Profit from Sale and 115 81 -129 119 248 Revaluation of Investments Profit from 243 108 112 -54 851 402 -53 Exchange Transaction
Slide 19: Operating Profit and Net Profit (Global)
Operating Profit and Net Profit (Global) BOl Financial Performance (Amt in Rs. Cr) QE QE QE Y-o-Y 9M Y-o-Y Particulars (%) (%) Dec 22 Sep 23 Dec 23 Dec 22 Operating Profit 3,652 3,756 3,004 -18 9,209 10,511 14 Provisions for Bad Er Doubtful 1,087 678 612 -44 3,056 2067 -32 Standard Assets and others
Slide 20: Key Financial Ratios (Global)
Key Financial Ratios (Global) BOI 4' Financial Performance Particulars QE Dec22 QE Sep23 QE Dec 23 9M Dec 22 9M Dec 23 Yield on Advances (%) 7.67 8.54 8.37 7.17 8.34 Yield on Investments (0/0) 6.49 6.74 6.67 6.40 6.73 Yield on Funds (%) 6.53 7.38 7.05 5.98 7.03 Cost of Deposits (%) 3.72 4.49 4.62 3.
Slide 21: Asset Classification: Global Advances
Asset Classification: Global Advances BOI )ic Asset Quality (Amt in Rs. Cr) As on 31.12.22 As on 30.09.23 As on 31.12.23 Outstanding Share (%) Outstanding Share (%) Outstanding Share (%) Standard Advances 4,68,865 92.34 5,11,410 94.16 5134.822 94.65 38,885 5.84 30.237 5.35 - Sub-Standard 4,090 0.81
Slide 22: SMA Position of Rs. 5 crores & above
BOI "A" SMA Rs. 5 Cr Er above Asset Quality (Amt in Rs. Cr) SMA Position of Rs. 5.00 crores & above 30.06.23 30.09.23 31.12.23 SMA Category Amount Wo to Std Adv Amount Wo to Std Adv Amount Wo to Std Adv SMA-o 12,479 2.58% 3,986 0.78°10 7093 1.33% SMA-1 603 0.12% 516 0.10% 852 0.16°10 SMA-2 1,261 0.2
Slide 23: Resolution Framework Standard Restructuring (Domestic)
Resolution Framework Standard Restructuring (Domestic) 601 4C- Asset Quality (Amt in Rs. Cr) Outstanding as on 31.12.23 % of Gross Advances Resolution Resolution One Time Framework i.o Framework 2.0 Restructuring Retail 340 3,913 425 4,253 MSME 355 1,618 582 226 2,555 1.65% Corporate 388 1,654 110 &
Slide 24: Movement of NPA (Global)
Movement of NPA (Global) BOI -11( Asset Quality (Amt in Rs. Cr) Segment QE Dec 22 QE Sep 23 QE Dec 23 FY23 Opening Balance (Gross NPA) 42,014 34,583 31,719 45,605 Add: - Fresh Slippage 818 1,560 1,172 6,861 - Debits in existing NPA accounts 399 90 141 1108 Total Addition 1,217 Mi iiiiklk 7.969 Less:
Slide 25: Sector wise breakup of Fresh Slippages
Sector wise breakup of Fresh Slippages BOI -11( Asset Quality (Amt in Rs. Cr) QE Jun 23 QE Sep 23 QE Dec 23 Gross Net % Share Gross Net % Share Gross Net % Share Retail 747 472 19 465 118 7 455 158 12 Agriculture 1,330 918 36 945 649 39 852 542 41 MSME 1,532 920 36 1,080 573 35 972 528 40 Corporate
Slide 26: Asset Quality Ratio (Global)
Asset Quality Ratio (Global) BO! "A" (Amt in Rs. Cr) Particulars 31.12.22 30.09.23 31.12.23 Gross NPA 38,885 31,719 30,237 Net NPA 7,646 7,978 7,627 Gross NPA (%) 7.66 5.84 5.35 Net NPA (%) 1.61 1.54 1.41 Provision Coverage (%) 90.27 89.58 89.95 Slippage Ratio (%) 0.27 0.34 0.24 Credit Cost (%) 0.93
Slide 27: Summary of NCLT Cases - Domestic
Summary of NCLT Cases - Domestic (As on 3112.23) BOI '')c (Amt in Rs. Cr) Total No of Provision Provision Particulars Book Accounts held (%) Outstanding •• .0* 2 RBI List -1 1,434 1,434 100% / / / i 9 RBI List -2 1,948 1,948 100% 111— Cases filed and admitted in NCLT by our Bank 5,831 5,016 60/0 ...
Slide 28: Capital Adequacy
Capital Adequacy (As on 3112.23) BOI Shareholding (Amt in Rs. Cr) r:I 11:IUI 31.12.22 30.09.23 31.12.23 1 1111111111111 Capital Adequacy - Basel III Capital Raised during Q3 FY 24 CET-1 Capital 43,503 47,824 52,342 Qualified Institutional Placement 'Tier I Capital 46,355 50,676 55,194 Tier II Capita
Slide 29: Ratings & Shareholding Pattern as on 31.12.23
BOI Ratings & Shareholding Pattern as on 31.12.23 Shareholding Domestic Long Term Rating Shareholding (%) Shareholding (%) Particulars As on 30.09.23 As on 31.12.23 Rating Agency Rating Government of 81.41 73.38 Infomerics AAA (Stable) India Life Insurance Corp 7.05 6.57 CRISIL Ltd. ICRA Ltd. AA+ (S
Slide 30: Digital Banking - Alternate Delivery Channels
Digital Banking - Alternate Delivery Channels BOI Digital Banking Internet banking Users Transaction counts (in Cr) (in lakhs) 88 338 87 313 215 199 84 T.3 0 Bank of India o 0 31.12.22 30.09.23 31.12.23 31.12.22 30.09.23 31.12.23 UPI Users Mobile banking Users in lakhs 172 180 148 101 91 71 (4°1L113
Slide 31: Digital Initiatives
Digital Initiatives BOI UPI Lite X (Offline - using NFC) A new variant of UPI Lite for transacting in offline mode with "on device wallet" UPI Based Cash Withdrawal through ATM LITE Facilitate Bank's customers who are live on UPI, to withdraw cash from any participating Banks' THE FASTEST THINGS ON
Slide 32: Products offered through Digital Platform
Products offered through Digital Platform BOI '')c Digital Banking No of Accounts Digitally Offered QE Jun 23 QE Sep 23 QE Dec 23 Retail Loans Personal Loan 791 2,433 2330 Pensioner Loan 37 238 188 Vehicle Loan 648 2,750 2886 Agriculture Loan Products 11 Gold Loan 48,814 1,34,199 1,68,761 Kisan Cred
Slide 33: Overseas Business Operations
Overseas Business Operations BOI "k Other Parameters (Amt in Rs. Cr) No of foreign Categories offices Parameters 31.12.23 as on 31.12.23 Deposits 96,984 1,04,901 1,08,690 Overseas Branches 21 (21) Advances 81,128 90,487 90,047 Overseas Subsidiaries (4) Overseas Joint 23 Business Mix P 1,95,388 1,98,
Slide 34: Overseas Subsidiaries and Joint Ventures
Overseas Subsidiaries and Joint Ventures BOI '')c arameters As on 31.12.23 (Amt in Rs. Cr) CM 1=1:' A & ® Subsidiary / Business Interest Operating Net Capital Advances Joint Venture Mix Income Profit Profit Bank of India (New Zealand) Ltd.* 263 455 775 1,231 41 17 10 Bank of India (Tanzania) Ltd. 70
Slide 35: Domestic Subsidiaries and Joint Ventures
Domestic Subsidiaries and Joint Ventures BOI '')c Other Parameters As on 31.12.2023 Book value Percentage 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 activities 2 BOI
Slide 36: RRBs Sponsored by Bank of India
RRBs Sponsored by Bank of India B014" As on 31.12.23 (Amt in R_. _., 9 'n C infi Name of Area of Business S No Profit the RRB operation Mix Uttar Pradesh 56,694 16 yll?tiV,, 2 Madhya Pradesh 31,772 225 arrcrwr 3179T R-Ow-lwor grilftor 3 VIDHARBHA KONKAN GRAMIN BANK Maharashtra 9,552 26 © 2024 Bank o
Slide 37: Branch Network & Global Presence
Branch Network & Global Presence BOI Other Parameters Branch Network 31.12.22 Domestic Branches 5,116 5.133 5.139 - Metro 989 992 990 - Urban 820 828 829 - Semi Urban 1,454 1,456 1,457 - Rural 1,851 1,855 1,861 - Digital Banking Units 2 2 2 Bank of India " Overseas Branches 21 22 22 Total No. of Bra
Slide 38: Inclusive Growth - Social Security Schemes
BOI Inclusive Growth - Social Security Schemes Other Parameters (No in Lakhs) O 292 289 104 104 Bank of India 279 31.12.22 30.06.23 31.12.23 31.12.22 30.09.23 31.12.23 ■Cumulative Accounts • Cumulative Enrollments APY 249 250 32 30 25 162 31.12.22 30.09.23 31.12.23 31.12.22 30.09.23 31.12.23 • Cumul
Slide 39: Manpower Optimisation
Manpower Optimisation BOI '')c Other Parameters No. of Centralized Units and Staff Human Resource and business ratios Central Processing Unit No. of Staff Amount / No. Posted As on 31.12.23 Zonal Centralised 69 265 Operations Dept. Total No. of Employee 51,355 SME City Centre & 113 897 Female Employ
Slide 40: Environmental, Social & Governance (ESG) Practices
Environmental, Social & Governance (ESG) Practices BOl * x nvironmental Strategically aligned with the Government of India’s Vision of achieving Net Zero and included 417 sustainable development goals in the Bank’s ESG Policy. Started computing Scope | and Scope 2 emissions and disclosing at public
Slide 41: Disclaimer
Disclaimer BOI '')c "This presentation has been prepared by Bank of India (the "Bank"), solely for general information purposes, not with regard to any specific objectives, financial situations or informational needs of any particular person. Except for the historical information contained herein, s
Slide 42: Thank You
0 BOI'k x Thnk You ❑ 00 ❑ 00 0 O ❑❑ ❑ 00 Visit: www.bankofindia.co.in Follow us on f 0 03101@l•—]