Axis Bank Limited · NSE:AXISBANK
Axis Bank — Q3 FY2019 Earnings Presentation
74 slides from Axis Bank's earnings presentation, January 2019
Slide 1: Investor Presentation Q3 FY19
Investor Presentation Q3 FY19 NSE: AXISBANK BSE: 532215 LSE (GDR): AXB 1
Slide 2: Major Highlights of Q3 FY19
Major Highlights of Q3 FY19 • PAT up 131% YOY Profitability metrics improve • Operating profit up 43% YOY • NII up 18% YOY • NPA ratios improved from Q2 levels Asset Quality metrics improve • Slippages ratios remain moderate • BB & Below pool reduced 14% sequentially • Provision Coverage Ratio incre
Slide 3: Key Metrics for Q3FY19
Key Metrics for Q3FY19 Snapshot (As on Dec 31, 2018) (in `Crores) Deposits 26% YOY Advances 13% YOY Q3FY19 YOY Growth % Total Assets 7,56,176 17% 46% 49% Balance Net Advances 4,75,105 13% Sheet Total Deposits 5,14,092 26% Shareholders’ Funds 66,698 2% 17% YOY (End balance) CASA 11% YOY (QAB*) Retail
Slide 4: Financial Highlights, Business Segment performance, Asset Quality
Financial Highlights 4 Business Segment performance 19 Asset Quality 47 Shareholder Returns and Capital Position 56 Subsidiaries’ Performance 59 Other important information 67 Special Analysis slides • Long term trend for BB & Below pool 52 • Long term Credit costs trend 54 4
Slide 5: Financial Highlights – Balance Sheet
Financial Highlights – Balance Sheet Summary • Strong deposit growth enables healthy loan growth • Total Deposits grew 26% with Retail term deposits up 24% • Domestic loan growth stood at 18%, driven by Retail and SME segments • Share of low cost CASA and Retail term deposits stood at 80% 5
Slide 6: Strong deposit growth enables healthy loan growth
Strong deposit growth enables healthy loan growth All figures in ` Crores Deposits Advances Assets 26% 22% 19% 18% 15% 15% 18% 17% 12% 10% 15% 15% 15% 14% 14% 11% 10% 9% -12% -19% 4,75,105 4,41,074 4,56,121 4,39,650 4,20,923 43,758 50,476 53,765 53,605 54,160 4,05,645 4,31,347 3,66,763 3,85,885 3,87
Slide 7: Deposit growth in the quarter was strong
73,374 34,698 1,00,098 27% 75,292 37,160 1,05,741 29% 24% 79,391 37,679 1,10,067 Medium term average = 17% Dec-14 Mar-15 Jun-15 19% 81,518 37,812 1,12,574 18% 83,329 40,842 1,18,289 15% 87,167 44,244 1,23,326 SA (QAB) 16% 93,255 43,790 1,28,438 Sep-15 Dec-15 Mar-16 Jun-16 17% CA (QAB) 96,420 45,570
Slide 8: The Bank retains a stable, low cost deposit franchise
The Bank retains a stable, low cost deposit franchise CASA + RTD 84% 84% 81% 82% 80% CASA+RTD** Bulk of the Bank’s deposits continue to 49% 54% 48% 47% 46% come from granular, retail sources CASA** Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 ** as % of total deposits Cost of Deposits 6.73% 6.43% 6.31% 6.01%
Slide 9: Retail and SME now form 62% of the Bank’s Loans
Retail and SME now form 62% of the Bank’s Loans All figures in ` Crores 62% 60% 58% 55% 4,75,105 54% 54% 4,39,650 43% 3,73,069 1,80,469 3,38,774 (38%) 1,74,445 2,81,083 1,55,904 1,55,384 62,238 2,30,067 58,740 (13%) 1,96,966 1,27,644 49,172 1,06,537 44,869 1,13,084 41,507 2,32,397 35,502 2,06,465 1,
Slide 10: Loan growth in the quarter was driven by Retail and SME
Loan growth in the quarter was driven by Retail and SME All figures in ` Crores Retail Advances SME Advances Corporate Advances 20% YOY 13% YOY 4% YOY 2,32,397 1,93,296 1,80,469 1,72,743 32,519 23% YOY 42,296 62,238 1,47,950 13% YOY 54,884 1,30,447 Dec-17 Dec-18 Dec-17 Dec-18 Dec-17 Dec-18 Overseas
Slide 11: Financial Highlights – Profit & Loss Statement
Financial Highlights – Profit & Loss Statement Summary • PAT grew 131% YOY • Operating profit growth was strong • Fee income grew at 16%, led by Retail Fees, which grew 22% • Opex to Assets ratio remained stable 11
Slide 12: Earnings trend has improved
Earnings trend has improved All figures in ` Crores Net Profit 131% YOY 1,681 1,225 1,306 726 701 790 580 319 432 -2,189 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 12
Slide 13: Core Operating Profit growth has been strong
Core Operating Profit growth has been strong All figures in ` Crores Operating Profit and Operating Profit Margin* 5,525 43% YOY Operating profit grew 43% YOY 4,372 2.90% 4,094 3,854 3,672 2.47% 2.32% 2.20% 2.21% Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 * annualized Operating Profit Margin Core Operating
Slide 14: Operating profit metrics were stable
Operating profit metrics were stable All figures in ` Crores Operating Revenue 31% YOY 9,604 8,092 379 7,519 7,910 90% YOY 7,325 103 136 200 215 3,622 51% YOY • NII up 18% YOY 2,393 2,573 2,822 2,543 • Non-interest income (excluding 18% YOY trading income) up 51% YOY 5,167 5,232 5,604 4,732 4,730 Q3
Slide 15: Domestic NIM adjusted for one offs has been stable q-o-q
Domestic NIM adjusted for one offs has been stable q-o-q Cost of Funds 5.44% 5.34% 5.23% 5.08% 5.11% Cost of funds went up 10 bps q-o-q… Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 NIM - Global NIM - Domestic 3.60% 3.59% 3.67% 3.59% 3.66% …however NIM remained steady 3.47% 3.38% 3.46% 3.33% 3.36% includes ~1
Slide 16: MCLR mix in advances has started to stabilize
MCLR mix in advances has started to stabilize 1 year MCLR (%) Advances mix by Rate type 9.50 9.30 13% 9.25 9.20 12% 18% 9.05 29% 8.85 8.90 8.80 42% 8.60 8.70 8.75 57% 8.40 8.25 8.25 8.25 8.25 8.25 69% 54% 56% 49% Apr-16 Aug-16 Dec-16 Apr-17 Aug-17 Dec-17 Apr-18 Aug-18 Dec-18 40% 29% 0% 11% MCLR Dura
Slide 17: Retail and Transaction Banking now form 79% of the Bank’s Fees
Retail and Transaction Banking now form 79% of the Bank’s Fees All figures in ` Crores Fee Composition* 16% YOY 2,615 2,423 2,448 2,376 370 2,246 2,170 2,117 425 285 112 573 2,003 72 1,935 370 101 271 53 1,805 447 154 1,719 357 106 36 78 512 143 485 35 46 461 61 94 362 77 29 496 415 84 460 433 102 4
Slide 18: Retail and Transaction Banking Fee growth remains healthy
Retail and Transaction Banking Fee growth remains healthy All figures represent YOY growth Fee Growth (YOY) Retail* Transaction Banking* 35% 23% 24% 19% 22% 18% 12% 11% 10% 7% Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 SME Corporate Credit 2% 0% 9% 8% 8% 5% 1% -26% -24% -3
Slide 19: Business Segment performance
Financial Highlights Business Segment performance Asset Quality Shareholder Returns and Capital Position Subsidiaries’ Performance Other important information 19 Back to Index
Slide 20: The Bank’s strengths revolve around four key themes
The Bank’s strengths revolve around four key themes Best in class Retail Banking Partner of choice in Corporate franchise Banking State of the art products aided Offering full-service solutions to by cutting edge technology to SME businesses meet Payments solutions …with subsidiaries complementing t
Slide 21: Business Performance – Retail
Business Performance – Retail Summary • Retail Lending has shown strong growth with significant diversification in loan mix over time • Our identified “new growth engines” continue to drive loan growth • Our Wealth Management business has witnessed strong growth • Granular Retail Fees remain a major
Slide 22: Retail Loans form the largest part of the Bank’s loan book
Retail Loans form the largest part of the Bank’s loan book and are well diversified All figures in ` Crores Retail Advances have shown strong growth… …with significant dispersion in mix over time 3% 2% 10% 9% 8% 9% 9% 12% 6% 1% 2% 2% 3% 4% 3% 3% 26% CAGR* 6% 2% 4% 5% 2,32,397 7% 7% 8% 8% 6% 8% 8% 2,
Slide 23: Our identified “new engines of growth” continue to grow strongly
Our identified “new engines of growth” continue to grow strongly Sourcing Strategy 83% of sourcing in Q3 was from existing customers 48% of overall sourcing was through Bank branches 77% 45% 41% 36% 33% 20% Growth in 25% Retail book 12% 13% 11% Home Loan Rural Gold Loan LAP Auto Loan Credit Card
Slide 24: We remain a leading player in Wealth Management
We remain a leading player in Wealth Management 4th largest Wealth Management business in India (Asian Private Banker*) 29.6 17.7 13.3 12.7 Bank 1 Non Bank Non Bank Axis Bank Assets Under Management: `129,651 crore Wealth Mgr 1 Wealth Mgr 2 Wealth (as at end of Dec’18) ($ 19 Bn) Management Burgundy
Slide 25: Granular Retail Fees have been a major revenue driver
Granular Retail Fees have been a major revenue driver All figures in ` Crores 1,549 1,475 1,336 289 1,275 1,290 1,244 290 1,188 1,091 308 198 256 400 262 228 657 607 536 530 533 465 409 432 557 579 603 461 489 495 435 430 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Cards Other Retail Ass
Slide 26: Network expansion continues at a steady pace
Network expansion continues at a steady pace New Branches Opened* 114 Why are we continuing to invest in Branches? 100 104 100 93 81 85 76 • India continues to be a growth economy • New customer acquisition is a larger growth driver than deepening of existing customer wallet share • Physical distrib
Slide 27: We have created a differentiated identity and are amongst the most valuable Brands in India
We have created a differentiated identity and are amongst the most valuable Brands in India Featured amongst Top 10 most valuable brands in India Axis Bank Mobile App Store Rating 4.6 2018 Global Rank 4.5 #14 vs. #32 in 2017 People’s Choice Among 42 leading banks worldwide 27
Slide 28: Business Performance – Digital
Business Performance – Digital Summary • Digital Payments are a key strategic thrust for the Bank • We have a strong position across most digital payment products • We are ranked amongst the top Banks in Mobile Banking spends • Digital channels continue to witness healthy growth • The Bank has emerg
Slide 29: We have strong market position across most Digital Payment products
We have strong market position across most Digital Payment products Axis Bank Market Standing Across Products Product Debit Point of Sale Credit Mobile UPI4 Forex Cards1 Terminals ^ Cards2 Banking3 Cards Market share 7% 12% 14% 14% 9% 46% Ranking 4th 4th 4th 3rd 1st Source: RBI, Internal Data 1 – ba
Slide 30: Investments in analytics have helped build and sustain this strong position
Investments in analytics have helped build and sustain this strong position Deposits & Investments Lending Payments at the core Analytics on payments data has enabled cross-selling of financial and investment products Risk Management Sourcing from internal customers 96% 97% 97% 97% 96% 90% 93% 85% 8
Slide 31: Our Credit Cards business has grown strongly in the last 5 years
Our Credit Cards business has grown strongly in the last 5 years and is now the 4th largest in the country Featured Cards Credit Cards in Force – Market Share 11.2% 12.0% 9.8% 8.2% 7.2% 5.6% • Market Share grew 2x in Co-branded Cards last 5 years Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 • Credit Ca
Slide 32: Over ₹54,000 crores of card spends went through Axis Bank in Q3
Over `54,000 crores of card spends went through Axis Bank in Q3 Credit card spends up 43% YOY Debit card spends up 41% YOY Credit Cards Debit Cards 41% YOY 43% YOY Spends in quarter (` Cr) Spends in quarter (` Cr) 16,777 12,271 14,414 14,311 10,516 10,169 13,167 11,725 8,722 8,678 28.4* 18% YOY 31%
Slide 33: Mobile Banking spends doubled over last year levels
Mobile Banking spends doubled over last year levels 43% of Mobile Banking customers bank only on Mobile App Mobile Banking logins stand at 9.2 times of Internet Banking logins Amongst the highest ranked Banking app on Apple Store (rating of 4.6) & Google Play Store (rating of 4.5) Axis Bank Mobile B
Slide 34: Digital Channels continue strong growth – now 75% of all transactions
Digital Channels continue strong growth – now 75% of all transactions 64% of Bank’s active customers are Digitally active Axis Bank cards are increasingly being used for 75% of all financial transactions are now digital Merchant payments, not at ATMs Transaction Mix* for Retail Credit and Debit card
Slide 35: Nearly half of our Personal loans are sourced through digital channels
Nearly half of our Personal loans are sourced through digital channels Change in Aadhaar/eKYC authentication …however personal loans sourcing through norms impacted tab sourcing of Savings Digital channels continues to grow strongly Accounts significantly in Q3… Proportion of Savings accounts source
Slide 36: UPI has scaled up tremendously to become a key channel
UPI has scaled up tremendously to become a key channel for customer transactions Axis Bank’s UPI Growth story 1 26.4 mn VPAs 2 635 mn transactions# 3 85,000 merchants on boarded We now have a 37 million registered Quarterly UPI transaction value has grown UPI customer base by 6x in the last one year
Slide 37: The Bank has emerged as a leading partnership-driven innovator on payments
The Bank has emerged as a leading partnership-driven innovator on payments used cases Axis AHA Axis Tap & Pay Samsung Pay • Launched an AI-led Virtual Assistant to • Introduced "Axis Tap & Pay‘ mobile • Enabled for Credit & Debit Card across Enhance online customer experience APP, which allow custom
Slide 38: Business Performance - SME
Business Performance - SME Summary • SME loans grew 13% year on year • Focus remains on building a high rated SME Book 38
Slide 39: SME loans grew 13% year on year
SME loans grew 13% year on year All figures in ` Crores SME Loan growth Loan Mix 27% 13% YOY 19% 19% 62,238 14% 13% 54,884 16% YOY 49,392 42,714 62,238 60,262 58,742 56,983 6% YOY 54,884 12,170 12,846 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Dec-17 Dec-18 YOY Growth Term loan Working Capital loan • Our SM
Slide 40: Focus remains on building a high rated SME book
Focus remains on building a high rated SME book 86% of SME exposure* is rated at least ‘SME3’ • Our SME segment continues to focus towards lending to the Priority sector 8% 6% 11% 13% • The Bank’ s SME Awards event “SME 100” acknowledges the best performers in the SME segment. It is aligned with the
Slide 41: Business Performance - Corporate
Business Performance - Corporate Summary • Early signs of revival in domestic corporate loan growth • Continued increase in share of transaction banking revenues • Significant reduction in concentration risk with incremental sanctions to better rated corporates • Leadership in DCM places us well to
Slide 42: Early signs of revival in domestic corporate loan growth
Early signs of revival in domestic corporate loan growth All figures in ` Crores International book de-grew while domestic Mix of corporate loan book remains steady’ loan growth strong Trend in domestic and overseas corporate Corporate loan book mix loan growth (YOY) 1,80,469 4% YOY 15% 15% 1,72,744
Slide 43: Transaction based business to better rated corporates
Transaction based business to better rated corporates All figures in ` Crores 82% of corporate exposure* is rated Steady growth in Transaction Banking fees ‘A’ or better Corporate Credit & Transaction Banking fees 14% 13% 0% YOY 429 31% 370 36% 450 370 284 361 273 30% 11% YOY 32% 496 512 460 433 461
Slide 44: Significant reduction in concentration risk with incremental sanctions
Significant reduction in concentration risk with incremental sanctions to better rated corporates Incremental sanctions to corporates rated A- Concentration Risk has reduced significantly and above remain above last 3 year average from peak levels of 80-85% Percentage of sanctions rated A- & above E
Slide 45: Industry-wise Distribution (Top 10)
Industry-wise Distribution (Top 10) All figures in ` Crores Outstanding1 as on 31st Dec ’18 Fund-based Non-fund based Total Rank Sectors Value (in % terms) Value (in % terms) Value (in % terms) 1. Financial Companies2 41,528 8.96% 15,665 14.36% 57,193 9.99% 2. Engineering & Electronics 11,363 2.45%
Slide 46: We remain well placed to benefit from a vibrant Corporate Bond market
We remain well placed to benefit from a vibrant Corporate Bond market All figures in ` Crores Ranked No. 1 arranger for rupee denominated bonds Placement & Syndication of Debt Issues as per Bloomberg for calendar year ended Dec. 2018 Ranked No. 1 arranger for rupee denominated bonds 74,641 128% YOY
Slide 47: Asset Quality
Financial Highlights Business Segment performance Asset Quality Shareholder Returns and Capital Position Subsidiaries’ Performance Other important information 47 Back to Index
Slide 48: Asset Quality
Asset Quality Summary • Corporate slippages continue to be from BB & Below pool • Gross and Net NPA ratio’s have improved from Q2 levels • BB & Below pool has reduced to 1.4% of Gross Customer Assets • Provision Coverage Ratio increased further, stands at 75% 48
Slide 49: Corporate Slippages continue to be from BB & Below pool
Corporate Slippages continue to be from BB & Below pool All figures in ` Crores New NPA formation in Corporate continues to Gross & Net Slippages have come off Q4 peaks be from BB & Below pool Gross and Net Slippages Corporate slippages from BB & Below pool 16,536 98% 98% 13,135 94% 93% 90% 91% 90%
Slide 50: Gross and Net NPA ratios have improved from Q2 levels
Gross and Net NPA ratios have improved from Q2 levels Gross and Net NPA ratios continue to Restructured assets are now negligible as a moderate proportion of loan book Gross and Net NPA ratio Net NPA + Net Restructured Assets ratio 6.77% 0.84% 0.22% 6.52% 5.96% 0.24% 5.75% 0.76% 1.25% 5.04% 0.23% 0.
Slide 51: The pool of BB & Below accounts has reduced significantly
The pool of BB & Below accounts has reduced significantly All figures in ` Crores BB & Below pool has fallen to 1.4% of customer assets 300 00 7.3% Low Rated Corporate portfolio 8.0 % (BB and Below) 5.6% 5.3% 250 00 6.0 % 4.7% As a % of Gross Customer Assets 4.4% 200 00 3.4% 3.4% 4.0 % 2.1% 1.8% 1.7
Slide 52: In benign risk periods, BB & Below has been 2-3% of corporate loans
In benign risk periods, BB & Below has been 2-3% of corporate loans All figures in ` Crores BB & Below rated Corporate portfolio 250 00 14. 0% 12.5% 12.6% 11.1% 11.1% 12. 0% 200 00 10. 0% 8.0 % 6.9% 150 00 As a % of Corporate Book 5.2% 6.0 % 4.2% 3.0% 3.0% 4.0 % 2.8% 2.6% 19,412 19,685 100 00 1.8% 2
Slide 53: Provision Coverage Ratio has increased further during the quarter
Provision Coverage Ratio has increased further during the quarter Credit cost (net of recoveries from written-off Provision Coverage Ratio on NPAs is now 75% accounts) down to lowest level in last 11 quarters Provision Coverage Ratio Credit Cost (Annualised) Credit cost Net Credit Cost 75% 73% 6.73%
Slide 54: Our long term average credit cost has been 100-110 bps
Our long term average credit cost has been 100-110 bps Credit Costs: FY03 to FY18 3.57% 3.53% 2.82% 2.78% 2.30% 2.17% 1.73% 1.35% 1.85% 1.11% 1.11% 0.99% Credit Costs (Avg)* = 110 bps 0.99% 1.19% 0.70% 0.61% 0.62% 0.61% 1.06% Net Credit Costs (Avg)* = 97 bps 0.61% 0.89% 0.50% 0.54% 0.21% 0.53% 0.54%
Slide 55: Detailed walk of NPA movement over recent quarters
Detailed walk of NPA movement over recent quarters All figures in ` Crores Q3FY18 Q4FY18 Q1FY19 Q2FY19 Q3FY19 Gross NPAs - Opening balance A 27,402 25,001 34,249 32,662 30,938 Fresh slippages B 4,428 16,536 4,337 2,777 3,746 Upgradations & Recoveries C 4,008 3,401 2,917 2,186 1,622 Write offs D 2,82
Slide 56: Shareholder Returns and Capital Position
Financial Highlights Business Segment performance Asset Quality Shareholder Returns and Capital Position Subsidiaries’ Performance Other important information 56 Back to Index
Slide 57: Shareholder return metrics have started improving
Shareholder return metrics have started improving Return on Assets (in %) Return on Equity (in %) 1.83 18.23 18.57 1.78 1.72 17.49 0.65 7.22 7.25 0.57 0.04 0.53 FY14 FY15 FY16 FY17 FY18 9M FY19* FY14 FY15 FY16 FY17 FY18 9M FY19* Diluted EPS (`) Book Value Per Share (`) 34.93 260 247 30.85 223 233 26
Slide 58: Capital Ratios remain healthy to pursue growth opportunities
Capital Ratios remain healthy to pursue growth opportunities Bank has accreted 9 bps of capital to CET1 RWA as a proportion to total assets continues during 9MFY19; growth during the year has to reduce primarily driven by improvement in been funded through internal accruals rating profile of corpora
Slide 59: Subsidiaries’ Performance
Financial Highlights Business Segment performance Asset Quality Shareholder Returns and Capital Position Subsidiaries’ Performance Other important information 59 Back to Index
Slide 60: Axis Finance: Strong loan growth continues
Axis Finance : Strong loan growth continues All figures in ` Crores Strong growth in Loan Book 21% YOY Major Highlights 57% CAGR* Average Advances Mix: Wholesale: 83%, Retail 17% 7,914 6,624 6,560 NIM for 9MFY19 stood at 4.21 % 4,292 NPA ratio stood at 0.36% 3,104 2,095 Enjoys the highest Cr
Slide 61: Axis AMC: Healthy growth in AUM
Axis AMC : Healthy growth in AUM All figures in ` Crores Average AUM has shown strong growth 11% YOY 81,622 70,902 48,829 33,163 23,483 13,939 FY14 FY15 FY16 FY17 FY18 Q3 FY19 Trend in PAT Major Highlights 57 Total Gross revenue of `573 Cr earned during 9MFY19, 45% YOY* increased by 4% YOY 43 43 3
Slide 62: Axis Securities: Strong growth in customer additions
Axis Securities : Strong growth in customer additions All figures in ` Crores Trend in customer base (in mn) Major Highlights 17% YOY Has one of the highest mobile adoption rates in the industry with over 38% volumes coming from Mobile 2.02 1.84 1.73 Enhanced current E-margin product from T+30 d
Slide 63: Axis Capital: Leadership position maintained in volatile capital markets
Axis Capital : Leadership position maintained in volatile capital markets All figures in ` Crores 9M FY19 Ranking based on IPO, QIP, Rights, OFS & IPP Major Highlights Rank Banker No of deals Ranked No 1 in Equity and Equity Linked Deals over the last decade 1 Axis Capital 9 Successfully closed
Slide 64: A.TReDs: The Invoicemart product continues to be a market leader
A.TReDs: The Invoicemart product continues to be a market leader Axis Bank is one of the three entities allowed by RBI to set up the Trade Receivables Discounting System (TReDS), an electronic platform for facilitating cash flows for MSMEs TReDS is an electronic platform that connects MSME sellers w
Slide 65: FreeCharge continues to act as an engine that attracts digitally native customers
FreeCharge continues to act as an engine that attracts digitally native customers and creates a significant cross sell base for the Bank Registered with FreeCharge 70 MN Ever transacted on FreeCharge 34 MN Use of Analytics Quarterly Active Users to drive cross 19 MN sell Monthly Active Users 9 MN 12
Slide 66: Since acquisition, product portfolio has been expanded
Since acquisition, product portfolio has been expanded to build a broader financial services platform DIGITAL PAYMENTS DIGITAL FINANCIAL SERVICES FC CREDITLINE LIVE MOBILE RECHARGES FC DEBIT EMI/ LIVE EASY PAY DTH, UTILITIES LOANS COMING SOON BUS INVESTMENT LIVE LIVE TICKETS COMING DEALS INSURANCE S
Slide 67: Other important information
Financial Highlights Business Segment performance Asset Quality Shareholder Returns and Capital Position Subsidiaries’ Performance Other important information 67 Back to Index
Slide 68: Treasury Portfolio and Non-SLR Corporate Bonds
Treasury Portfolio and Non-SLR Corporate Bonds Investment Bifurcation Book Value* (` Crores) Category Proportion Government Securities1 116,039 Held Till Maturity (HTM) 64% Corporate Bonds2 31,555 Available For Sale (AFS) 31% Others 13,442 Total Investments 161,036 Held For Trading (HFT) 5% * as on
Slide 69: Shareholding Pattern (as on December 31, 2018)
Shareholding Pattern (as on December 31, 2018) General Insurance Others Corp & Others 10.88% 2.55% Life Insurance Corporation Foreign Institutional 11.21% Investors 45.88% SUUTI 9.29% GDR's 2.78% Indian Institutions 17.41% Share Capital `514 crores Shareholders’ Funds `66,698 crores Book Value
Slide 70: Major awards won by the Bank and its subsidiaries
Major awards won by the Bank and its subsidiaries • Best use of Analytics for Business Outcome • Most Innovative Emerging Customer Service Excellence • Best use of Digital and Technologies Project, India Award for Transformation Channels Technology - Ripple Blockchain project • Best Contactless Paym
Slide 71: Financial Performance
Financial Performance All figures in ` Crores % % Financial Performance Q3FY19 Q3FY18 9MFY19 9MFY18 Growth Growth Interest Income A 14,129 11,722 21% 40,188 34,009 18% Other Income B = C+D+E 4,001 2,593 54% 9,604 8,178 17% - Fee Income C 2,615 2,246 16% 7,108 6,419 11% - Trading Income D 379 200 90%
Slide 72: Balance Sheet
Balance Sheet All figures in ` Crores As on 31st As on 31st Condensed Unconsolidated Balance Sheet % Growth December’18 December’17 CAPITAL AND LIABILITIES Capital 514 513 0.2% Reserves & Surplus 66,184 65,035 2% Deposits 5,14,092 4,08,967 26% Borrowings 1,44,669 1,40,874 3% Other Liabilities and Pr
Slide 73: Safe Harbor
Safe Harbor Except for the historical information contained herein, statements in this release which contain words or phrases such as “will”, “aim”, “will likely result”, “would”, “believe”, “may”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “futu
Slide 74: Thank You
Thank You 74