Bank Of India · NSE:BANKINDIA
Bank Of India — Q2 FY2022-23 Earnings Presentation
46 slides from Bank Of India's earnings presentation, Nov 3, 2022
Slide 1: Investor's Presentation - Unaudited Financial Results Q2 FY2022-23
Web affvsut Boi Baulk of India Ti74 T. Ref No Ref No.:HO:IRC:SVM:2022-23:291 ft9i-T Date: 03.11.2022 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, P.J. To
Slide 2: Performance Analysis FY2021-22 / Q2 FY 2022-23
PERFORMANCE ANALYSIS FY2021-22 Q2 FY 2022-23 Classification: Internal
Slide 3: External Rating and Branch Networks
External Rating and Branch Networks External Rating of Bank of India Global Branch Networks Domestic Long Term Rating Branch Network Sep-2021 Jun-2022 Sep-2022 Rating Agency Rating Domestic Branches 5,085 5,103 5,102 Infomerics AAA (Stable) - Metro 990 989 986 CRISIL Ltd. AA+ (Stable) - Urban 812 82
Slide 4: Table of contents
Table of contents 01 Key Highlights (4-5) 02 Business Performance (6-16) 03 Financial Performance (17-22) 04 Asset Quality (23-29) 05 Capital & Shareholding (30-32) 06 Digital and New Initiatives (33-45) 3 Classification: Internal
Slide 5: Key Highlights
Key Highlights 4 Classification: Internal
Slide 6: Performance Highlights (Q2FY23 - YOY)
Performance Highlights (Q2FY23 - YOY) Total Business CASA Provision Cover % Cost of Deposit Increased by Increased by Increased by Decreased by 10.61% 4.05% 115 bps 21 bps Gross Advances Agri. Advances MSME Advances Retail Advances Increased by Increased by Increased by Increased by 17.89% 12.87% 9.
Slide 7: Business Performance
Business Performance 6 Classification: Internal
Slide 8: Global Business
Global Business (Amount in INR crores) Global Business Mix 11,41,356 Q2FY23 11,18,481 Particulars Q2FY22 Q1FY22 Q2FY23 10.61% YOY 2.05% QOQ Credit Deposit Ratio (Global) 68.34% 74.56% 76.26% 10,31,856 30.09.2021 30.06.2022 30.09.2022 Q2FY23 Global Deposit Q2FY23 Global Advances 4,93,814 5.64% YOY 6,
Slide 9: Deposits & Advances: Global
Deposits & Advances: Global (Amount in INR crores) Domestic and Overseas Deposits Domestic and Overseas Advances Q2FY23 Q2FY23 1.04% YOY 11.85% YOY 1.00% QOQ 2.75% QOQ 4,01,210 4,12,233 5,45,734 5,45,949 5,51,401 3,68,573 Q2FY23 Q1FY23 43.01% YOY 62.12% YOY 1.43% QOQ 6.59% QOQ 94,786 96,140 76,536 8
Slide 10: Domestic Deposit - CASA
Domestic Deposit - CASA (Amount in INR crores) 30.09.2021 30.06.2022 30.09.2022 5.14% 5.62% 5.13% 47.43% 46.65% 37.97% 39.08% 38.99% 50.48% 6.41% 7.88% 9.23% CA SA TD- Bulk Deposits TD- Others CA SA TD- Bulk Deposits TD- Others CA SA TD- Bulk Deposits TD- Others Particulars Sep-21 Particulars Jun-22
Slide 11: Composition of Gross Advances (Domestic)
Composition of Gross Advances (Domestic) (Amount in INR crores) Particulars 30.09.2021 30.06.2022 30.09.2022 Growth YOY% Agriculture 61,722 66,125 69,667 12.87% MSME 60,911 65,197 66,530 9.22% Retail 70,888 83,407 87,451 23.37% Corporate & Others 1,26,475 1,37,683 1,44,426 14.19% Govt. & Govt. Guara
Slide 12: Composition of Retail Loans Portfolio
Composition of Retail Loans Portfolio (Amount in INR crores) Particulars 30.09.2021 30.06.2022 30.09.2022 Growth QOQ (%) Growth YOY (%) Home loans 40,905 46,230 48,357 4.60% 18.22% Vehicle loans 7,632 11,379 12,283 7.94% 60.94% Education loans 2,714 2,710 2,849 5.13% 4.97% Mortgage loans 6,874 7,576
Slide 13: Priority Sector Advances
Priority Sector Advances (Amount in INR crores) Parameters Mandated Sep-21 Jun-22 Sep-22 Target ANBC 3,46,692 3,50,418 3,59,608 Priority Sector 1,42,146 1,51,982 1,57,192 % To ANBC 40.00 41.00 43.37 43.71 Agricuture 61,722 66,127 69,667 % To ANBC 18.00 17.80 18.87 19.37 Small and Marginal Farmers 35
Slide 14: Domestic Credit (Industry Wise)
Domestic Credit (Industry Wise) (Amount in INR crores) Particulars 30.09.2021 30.06.2022 30.09.2022 % to Domestic Advances Infrastructure 63,230 65,963 66,563 16.15% Basic Metal & Metal products 13,880 12,161 12,081 2.93% Textiles 7,274 7,248 7,506 1.82% Gems & Jewellery 4,037 4,206 4,234 1.03% Chem
Slide 15: Domestic Advances (Infrastructure Sectors)
Domestic Advances (Infrastructure Sectors) (Amount in INR crores) Particulars Sep-21 Jun-22 Sep-22 Power 42,782 44,585 43,398 a) SEBs 20,352 20,974 19,714 - Generation 9,288 9,211 8,959 - Transmission 1,558 2,615 2,579 - Distribution 9,506 9,148 8,176 b) Others 22,430 23,611 23,684 Roads and Ports 1
Slide 16: Corporate Rating
Corporate Rating 58.99% 59.17% 29.59% 29.05% 3.85% 3.75% 4.15% 3.81% 3.82% 3.83% As on 30.06.2022 As on 30.09.2022 Go vt. Exposure Unrated BB & Below BBB A & above Classification: Internal BUSINESS PERFORMANCE 15
Slide 17: Domestic Investments
Domestic Investments (Amount in INR crores) Particulars Jun-22 Sep-22 AFS HTM HFT AFS HTM HFT SLR Investments 33,847 99,921 124 26,003 1,10,840 65 Of Which: Government Securities 33,847 99,921 124 26,003 1,10,840 65 Other Approved - - - - - - Securities M Duration 0.35 - 5.82 0.31 - 4.46 Non SLR Inv
Slide 18: Financial Performance
Financial Performance 17 Classification: Internal
Slide 19: Net Interest Income
Net Interest Income (Amount in INR crores) Particulars Q2FY22 Q1FY23 Q2FY23 Interest Income 9,523 9,972 11,497 a. Advances 6,510 6,969 8,130 b. Investments 2,795 2,785 2,876 c. Money Market Operations & Others 218 218 491 Interest Expended 6,000 5,900 6,414 a. Deposits 5,702 5,452 5,702 b. Borrowing
Slide 20: Non-Interest Income
Non-Interest Income (Amount in INR crores) Particulars Q2FY22 Q1FY23 Q2FY23 Commission, Exchange & Brokerage 340 286 332 Profit from Sale and Revaluation of 429 -148 151 Investments Profit from Exchange Transactions 568 431 177 Recovery In W/o accounts 231 172 426 Profit on Sale to ARC (PWO Accounts
Slide 21: Operating Profit & Net Profit
Operating Profit & Net profit (Amount in INR crores) Particulars Q2FY22 Q1FY23 Q2FY23 Operating Profit 2,678 2,183 3,374 Provisions for - Bad & Doubtful 241 1,304 664 - Standard Assets and others 631 23 1,151 - Dep. on Non-Performing Investment 22 -5 97 Total Provisions before Tax 894 1,322 1,912 Pr
Slide 22: Key Financial Ratios (Global)
Key Financial Ratios (Global) Particulars 30.09.2021 30.06.2022 30.09.2022 Cost of Deposits (%) 3.75 3.49 3.54 Yield on Advances (%) 7.01 6.58 7.21 Cost of Funds (%) 3.36 3.23 3.40 Yield on Funds (%) 5.34 5.46 6.09 Net Interest Margin (NIM) (%) 2.42 2.55 3.04 - Domestic NIM (%) 2.65 2.88 3.49 - Over
Slide 23: Efficiency Ratios
Efficiency Ratios Yields on Advances & Cost of Deposits (%) Yield on Funds & Cost of Funds (%) 7.5 7.01 7.21 6.5 6.09 7.0 6.58 6.0 6.5 5.34 5.46 5.5 Q2FY23 Yield Cost 6.0 Q2FY23 Yield Cost 5.5 Domestic 8.05 3.97 5.0 Domestic 6.56 3.61 5.0 4.5 Overseas 3.11 2.05 Overseas 2.90 1.21 4.5 3.75 4.0 4.0 3.
Slide 24: Asset Quality
Asset Quality 23 Classification: Internal
Slide 25: Asset Quality Ratio
Asset Quality Ratio (Amount in INR crores) Particulars 30.09.2021 30.06.2022 30.09.2022 Gross NPA 50,270 44,415 42,014 Net NPA 10,576 9,775 8,836 Gross NPA (%) 12.00% 9.30% 8.51% Net NPA (%) 2.79% 2.21% 1.92% Provision Coverage Ratio (%) 87.81% 87.96% 88.96% Slippage Ratio (%) 0.36% 0.69% 0.30% Cred
Slide 26: Special Mention Accounts (SMA) – Rs. 5.00 Cr and above
Special Mention Accounts (SMA) – Rs. 5.00 Cr and above (Amount in INR crores) SMA Position of Rs. 5.00 crores and above Jun-2022 Sep-2022 SMA Category % to Gross % to Gross Amount Amount Adv Adv SMA-2 1,467.73 0.31% 1,094.62 0.22% SMA-1 947.19 0.20% 583.15 0.12% SMA-0 44,678.42 9.35% 36,100.80 7.31%
Slide 27: Resolution Framework (Standard Restructuring)
Resolution Framework (Standard Restructuring) (Amount in INR crores) Category Outstanding as on 30.09.2022 Provision % on Gross Resolution Resolution One Time Advances Framework 1.0 Framework 2.0 Restructuring Retail 423 4,912 - 534 MSME 914 2,705 1,430 433 2.87% Corporate & Others 624 - 3,159 155 T
Slide 28: Movement of NPA
Movement of NPA (Amount in INR crores) Segment Q2FY22 Q1FY23 Q2FY23 Opening Balance (Gross NPA) 56,042 45,605 44,414 Add: - Fresh Slippage 1,328 2,465 1,037 - Debits in existing NPA accounts -21 368 257 Less: - Cash Recovery 3,218 1,219 1,340 - Upgradation 278 465 471 - Written Off 3,583 2340 1,883
Slide 29: Asset Classification: Global Advances
Asset Classification : Global Advances (Amount in INR crores) Sectoral As on 30.09.2021 As on 30.06.2022 As on 30.09.2022 O/s Share (%) O/s Share (%) O/s Share (%) Standard Advances 3,68,625 88.00% 4,33,332 90.70% 4,51,800 91.49% Gross NPA 50,270 12.00% 44,414 9.30% 42,014 8.51% - Sub-Standard 7,629
Slide 30: Summary of NCLT Cases (As on 30.09.2022)
Summary of NCLT Cases (As on 30.09.2022) (Amount in INR crores) No of Particulars Total Book O/s Provision held Provision Accounts 2 RBI List -1 1,457.96 1,457.96 100% 9 RBI List -2 2,021.88 2,021.88 100% 68 Cases filed and admitted in NCLT by our Bank 4,750.34 4,298.51 90% 9 Cases under admission i
Slide 31: Capital & Shareholding
Capital & Shareholding 30 Classification: Internal
Slide 32: Capital Adequacy
Capital Adequacy (Amount in INR crores) Particulars 30.09.2021 30.06.2022 30.09.2022 Capital Adequacy - Basel III CET-1 Capital 39,758 42,164 42,342 Tier I Capital 41,110 43,516 43,694 Tier II Capital 9,375 7,664 6,962 Total Capital (CRAR) 50,485 51,180 50,656 Risk Weighted Assets 2,96,127 3,27,914
Slide 33: Shareholding Pattern (As on 30.09.2022)
Shareholding Pattern (As on 30.09.2022) Particulars Shareholding Pattern As on 30.09.2022 Promoter Government of 5.48% (Government of 81.41% 6.06% India) India 7.05% Life Insurance Corporation Life Insurance 7.05% Corporation Indian public 81.41% Indian Public 6.06% Others Others 5.48% Total 100.00%
Slide 34: Digital Banking, Financial Inclusion, Initiatives, Awards & ESG
Digital Banking, Financial Inclusion, Initiatives, Awards & ESG 33 Classification: Internal
Slide 35: Alternate Delivery Channel
Alternate Delivery Channel ATM & CRM (Actual Count) Internet banking Users (in thousands) 8,189 8,287 8,072 8,174 7,973 455 lakh Debit Cards 7,884 base 30.09.2021 30.06.2022 30.09.2022 30.09.2021 30.06.2022 30.09.2022 UPI Users Mobile banking Users (in thousands) (in thousands) 13,573 14,136 1.38 la
Slide 36: BHIM BOI UPI QR
BHIM BOI UPI QR BHIM BOI UPI QR Code 5,00,000 UPI QR Growth 4,50,000 4,00,000 3,50,000 3,00,000 2,50,000 2,00,000 1,50,000 Month March 2021 March 2022 June 2022 Sept 2022 No. of UPI QR 1,64,490 3,53,824 4,09,807 4,91,263 Growth % -- 115.10% 15.82% 19.87% 35 Classification: Internal DIGITAL BANKING
Slide 37: Mobile Banking
Mobile Banking Parameter Count Total Number of BOI Mobile App Downloads 1 Cr+ Total Number of Mobile Banking Users 71,41,134 36 Classification: Internal DIGITAL BANKING
Slide 38: Digital Banking - Way Forward
Digital Banking - Way Forward Steps Taken Steps Ahead Integration of Loyalty Rewards in Mobile Credit Card services through Finacle Banking application Introduction of Merchant Mobile DCMS Migration application ICCW (Interoperable Card less Cash Setting up Digital Banking Units Withdrawal) Launched
Slide 39: Financial Inclusions
Financial Inclusions PMJDY (Rs in crores) PMJJBY 11,316 11,074 40 40 21 25 15 9,822 8 30.09.2021 30.06.2022 30.09.2022 Target (%) Achievement (%) 30.09.2021 30.06.2022 30.09.2022 PMSBY APY 84 53 45 40 40 30 33 43 35 40 30 30 30.09.2021 30.06.2022 30.09.2022 30.09.2021 30.06.2022 30.09.2022 Target (%
Slide 40: Initiatives
Initiatives Bank has launched “Star CPSU Scheme” for catering to the requirements of CPSUs & Central Government Special schemes to lend for augmentation of Ethanol Production Capacity launched under Corporate Credit. “Star Suvidha Express Personal Loan scheme (SSEPL)” launched exclusively for
Slide 41: Initiatives
Initiatives Bank has announced FY 22-23 to be the year of digitalization. Co-lending tie-up are being launched in Retail and MSME segment. Bank has launched “New Merchant app” incorporating latest digital payment features. Bank has inaugurated two DBUs in East Singhbhum and Khurda to deliver
Slide 42: Awards & Accolades
Awards & Accolades Bank of India has received “National Award for Outstanding Performance in SHG Bank linkage by DAY NRLM MoRD” for FY21-22. Bank of India has been awarded with “Rajbhasha Kirti Puraskar-3rd prize” by MoHA-GOI for FY21- 22. Bank of India has been recognized as “3rd best perform
Slide 43: Awards & Accolades
Awards & Accolades Bank of India has been awarded with “Best MSME Bank-Runner Up”, “Best Branding-Winner” and “Best Bank for promoting Social Schemes – Winner” in “MSME Banking Excellence Awards 2021” by Chamber of Indian MSME. Bank of India has been awarded “Dr. Ambedkar Business Excellence Awa
Slide 44: Environmental, Social & Governance (ESG) Practices
Environmental, Social & Governance ( ESG) Practices Environment Social Governance • Credit flow to the companies • Bank is having RSETIs and • Bank is committed to prudent engaged in Environment Financial Literacy Centres for Corporate Governance practices Friendly Sectors. imparting training for sk
Slide 45: 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 46: Thank You!
THANK YOU! 45 Classification: Internal