Central Bank Of India · NSE:CENTRALBK
Central Bank Of India — Q3 FY2022-23 Earnings Presentation
54 slides from Central Bank Of India's earnings presentation, Jan 18, 2023
Slide 1: Exchange filing cover letter
arfu qlltl'qtl Central Office CO:BS-IRD:2022-23:351 18th January, 2023 National Stock Exchange of India Limited BSE Ltd. Listing Department Corporate Relationship Deptt Exchange Plaza, Phiroze Jeejeebhoy Towers Plot No.C/1, `G' Block Dalal Street, Fort Bandra-Kurla Complex Mumbai 400001 Bandra (E),
Slide 2: Financial Result Analysis Quarter/Nine Month Ended 31st Dec'2022
Year of Renaissance Financial Result Analysis Quarter/Nine Month Ended 31st Dec’2022 Visit us at www.centralbankofindia.co.in https://youtube.com/c/CentralBankofIndiaOfficial https://www.instagram.com/centralbank_in https://www.linkedin.com/company/centralbankofindia http://twitter.com/centralbank_i
Slide 3: Values That Set Us Apart
VALUES THAT SET US APART C E N T R A L CONSISTENCY NURTURING RESPONSIVENESS LOYALTY POTENTIAL ETHICAL TRANSPARENCY ACCOUNTABILITY STANDARDS 2
Slide 4: Strengths
STRENGTHS Strong Rural + Semi Urban Strong Brand Presence with Image with Legacy of 112+ 65% of Total Years Branches in RUSU Centers Best CASA base Pan India @51.22% of Presence with total deposits 18522 Customer Touch Points DEDICATED STAFF STRENGTH OF 31272 3
Slide 5: Contents
CONTENTS Financial 01 02 Performance Highlights 5-9 Performance 10-15 03 04 Assets Quality & Business 16-22 Capital Adequacy 23-34 Performance Digital Journey, 05 Investments 35-38 06 FI & Group Performance 39-50 4
Slide 6: Performance Highlights
PERFORMANCE HIGHLIGHTS
Slide 7: Key Highlights
KEY HIGHLIGHTS Interest Income Gross Advances on Advances Total Business ₹ 208921 Cr ₹ 3937 Cr Operating Profit Y-o-Y ₹ 553768 Cr Y-o-Y ₹ 1807 Cr 38.87% Y-o-Y 14.73% Y-o-Y 44.21% 6.54% RAM NII CASA deposit ₹ 139111 Cr ₹ 3285 Cr ₹ 176081 Cr Y-o-Y Net Profit ₹ 458 Cr Y-o-Y Y-o-Y 15.49% Y-o-Y 19.93% 4.
Slide 8: Key Highlights
KEY HIGHLIGHTS Slippage Ratio Net NPA 0.37% NIM* 2.09% Y-o-Y 3.77% Y-o-Y 51 bps Y-o-Y 230 bps PCR GNPA 75 bps 91.72% 8.85% Y-o-Y Y-o-Y 595 bps Credit Cost# 631 bps Cost to 0.36% Income Ratio Y-o-Y 57.02% -30 bps Y-o-Y 400 bps ASSET QUALITY EFFICIENCY RATIOS PROVISION COVERAGE * NIM - Including one o
Slide 9: Profitability – Sustained Growth
PROFITABILITY – SUSTAINED GROWTH NET PROFIT ₹ in Cr 27.20% 64.16% 458 318 250 279 SEP'21 SEP'22 DEC'21 DEC'22 1011 458 318 235 JUN'22 SEP'22 DEC'22 DEC'22 (9MONTH) 8
Slide 10: Sustained Headline Numbers (Standalone basis)
SUSTAINED HEADLINE NUMBERS ( On Stand alone basis) Quarter Ended Growth Particulars Dec'21 Sep'22 Dec'22 (Q-o-Q) (Y-o-Y) Yield on Advances (%)* 6.52 7.37 7.95 58bps 143bps Yield on Investments (%) 6.28 6.14 6.36 22bps 8bps Yield on Funds (%)* 8.30 7.71 8.33 62bps 3bps Cost of Funds (%)* 3.89 3.93 3.
Slide 11: Financial Performance
FINANCIAL PERFORMANCE
Slide 12: Financials at a Glance
FINANCIALS AT A GLANCE Quarterly ₹ in Cr Quarter Ended Growth % Particulars Dec'21 Sep'22 Dec'22 (Q-o-Q) (Y-o-Y) Total Interest Income 6050 6155 6717 9.13 11.02 Total Interest Expenses 3311 3408 3432 0.70 3.65 Net Interest Income 2739 2747 3285 19.59 19.93 Total Income 6524 7065 7636 8.08 17.04 Tota
Slide 13: Fee Based Income
FEE BASED INCOME ₹ in Cr Quarter Ended Growth % Particulars Dec'21 Sep'22 Dec'22 (Q-o-Q) (Y-o-Y) Fee Based Income (i + ii + iii) 365 454 464 2.20 27.12 Commission Exchange & Brokerage (i) 89 113 103 (8.85) 15.73 - Commission on LC/BG/DDs 49 72 63 (12.50) 28.57 - Govt. Business 19 21 17 (19.05) (10.5
Slide 14: Total Expenses
TOTAL EXPENSES Quarterly ₹ in Cr Quarter Ended Growth % Particulars Dec'21 Sep'22 Dec'22 (Q-o-Q) (Y-o-Y) Interest Expenses 3311 3408 3432 0.70 3.65 Interest Paid on Deposits 3199 3301 3312 0.33 3.53 Other Interests 112 107 120 12.15 7.14 Operating Expenses 1960 1909 2397 25.56 22.30 Staff Cost 1297
Slide 15: Provisions
PROVISIONS ₹ in Cr Quarter Ended Growth % Particulars Dec'21 Sep'22 Dec'22 (Q-o-Q) (Y-o-Y) NPAs 380 1070 849 (20.65) 123.42 Standard Assets 225 162 179 10.49 (20.44) Depreciation/Provisions on 51 (95) (23) (75.79) (145.10) Investment Including SRs Income Tax 65 305 353 15.74 443.08 Others (7) 9 8 (1
Slide 16: NPA Provision Break-up
NPA PROVISION BREAK-UP ₹ in Cr Particulars Sep’22 Dec’22 NPA Provision increase due to: Ageing provision/change in value of security 1916 1544 Slippages/increase in balance/fraud 123 95 Sub Total 2039 1639 Less : Provision write back due to cash recoveries/upgradation/ 969 790 restructuring Net Addi
Slide 17: Asset Quality & Capital Adequacy
ASSET QUALITY & CAPITAL ADEQUACY
Slide 18: Asset Quality Trend
ASSET QUALITY TREND 15.16 14.84 14.90 4.39 3.93 3.97 9.67 2.95 8.85 2.09 DEC'21 MAR'22 JUN'22 SEP'22 DEC'22 DEC'21 MAR'22 JUN'22 SEP'22 DEC'22 GROSS NPA % NET NPA % ₹ in Cr Particulars Dec'21 Mar'22 Jun'22 Sep'22 Dec'22 Gross Advances 182098 189712 194648 197022 208921 Net Advances 161514 168173 172
Slide 19: NPA Movement
NPA MOVEMENT ₹ in Cr Dec'22 Particulars Dec'21 FY 21-22 Sep'22 Dec'22 (9 Months) Opening Gross NPAs 27252 29277 29002 19059 28156 Add: Slippage of PA to NPAs 1235 4473 777 636 2549 Increase in Balance of 71 245 109 14 137 Existing NPAs Sub Total 1306 4718 886 650 2686 Less: - - - Upgradation 227 133
Slide 20: Sector-wise NPA Classification
SECTOR-WISE NPA CLASSIFICATION NPA Classification: Sector-Wise ₹ in Cr Dec’22 Advances TOTAL TOTAL NNPA NNPA % Particulars Dec'21 Mar'22 Dec'22 NNPA % (Dec'22) NNPA 5.06 Total NPA 27608 28156 18490 208921 4061 2.09 1906 3.47 1228 Retail 2305 2223 1492 60288 549 0.93 Agriculture & 5752 6053 4884 4064
Slide 21: Capital Ratios
CAPITAL RATIOS CAPITAL ADEQUACY RATIO* 13.99 13.76 13.84 2.04 2.36 1.84 11.95 11.92 11.48 DEC'21 MAR'22 DEC'22 CET-I Tier-II LEVERAGE RATIO* 4.71 4.49 4.25 DEC'21 MAR'22 DEC'22 * CRAR (BASEL III) and Leverage Ratio are arrived at after considering the NPV of non-interest bearing recapitalization bon
Slide 22: Restructured Book
RESTRUCTURED BOOK Standard Restructured Book ₹ in Cr Segment Dec'21 Mar'22 Jun'22 Sep'22 Dec'22 Corporate 575 954 842 891 933 MSME 732 680 646 650 630 Agriculture 216 203 188 193 186 Retail 406 408 391 379 360 TOTAL 1929 2245 2067 2113 2109 Standard Restructured - Covid-19 Resolution Framework Segme
Slide 23: Special Mention Accounts
SPECIAL MENTION ACCOUNTS ₹ in Cr Asset Quality – Dec'21 Asset Quality No. of A/Cs Above ₹ 5 Cr No. of A/Cs Up to ₹ 5 Cr No. of A/Cs Dec’21 % of Total Adv. SMA 0 23 1332 100070 4418 100093 5750 3.16 SMA 1 16 135 132380 4862 132396 4997 2.74 SMA 2 16 570 114356 3680 114372 4250 2.33 TOTAL 55 2037 3468
Slide 24: Business Performance
BUSINESS PERFORMANCE
Slide 25: Business Across the Board
BUSINESS ACROSS THE BOARD ₹ in Cr Y-o-Y PARTICULARS DEC'21 DEC'22 Growth % Total Business 519786 553768 6.54 Total Deposits (Including 337688 344847 2.12 Interbank Deposits) CASA Deposits 168557 176081 4.46 CASA % 50.01 51.22 121bps Total Advances 182098 208921 14.73 RAM 120449 139111 15.49 Corporat
Slide 26: Deposit Mix
DEPOSIT MIX ₹ in Cr Dec '21 PARTICULARS DEC'21 DEC'22 Y-o-Y Growth % 4.73% 0.20% Current 15972 16661 4.31 Savings 152585 159420 4.48 45.18% 49.89% Total CASA 168557 176081 4.46 Deposits Dec '22 CASA % 50.01 51.22 121bps 0.31% 4.83% Core Time Deposit 168459 167690 (0.46) Total Core Deposit 337016 343
Slide 27: Credit Performance
CREDIT PERFORMANCE ₹ in Cr Dec'21 SECTORS DEC'21 DEC'22 Y-o-Y Growth % 33.85% 27.37% Retail 49843 60288 20.96 RAM 66.15% Agriculture 37596 40641 8.10 18.13% 20.65% MSME 33010 38182 15.67 Dec'22 RAM 120449 139111 15.49 33.41% 28.86% Corporate 61649 69810 13.24 RAM 66.59% Gross Advance 182098 208921 1
Slide 28: Diversified Loan Book
DIVERSIFIED LOAN BOOK ₹ in Cr Housing Loan 36784 As on 31st Dec’22 Auto Loan 3270 18% 33% Personal Loan 3239 2% 2% RAM 2% Education Loan 3534 66.59% 6% Other Retail 13461 19% Total Retail 60288 18% Agriculture Loan 40641 Housing Loan Auto Loan Personal Loan Education Loan Other Retail Loan Agricultu
Slide 29: Retail Segment
RETAIL SEGMENT HOME LOAN AUTO LOAN EDUCATION LOAN PERSONAL LOAN OTHER RETAIL LOAN ₹ in Cr ₹ 36784 ₹ 3270 ₹ 3534 ₹ 3239 ₹ 13461 61.01% 5.43% 5.86% 5.37% 22.33% of Total Retail of Total Retail of Total Retail of Total Retail of Total Retail Advance Advance Advance Advance Advance Y-o-Y Growth Y-o-Y Gr
Slide 30: Rated Standard Advances
RATED STANDARD ADVANCES ₹ in Cr INVESTMENT GRADE WISE STANDARD Unrated DEC'21 DEC'22 Y-o-Y 8.47% ADVANCES AAA 26.22% (FUND BASED) BB and Below 11.61% AAA 12948 20824 60.83 Dec'21 Government Guaranteed Advances 6.38% AA 11196 15615 39.47 BBB 12.35% A 6075 7188 18.32 BBB (Including 6097 6973 14.37 A 1
Slide 31: Sanctions & Disbursements (excluding Co-lending)
SANCTIONS & DISBURSEMENTS (excluding Co-lending) ₹ in Cr GROWTH (%) GROWTH (%) SANCTIONS DISBURSEMENTS IN IN SANCTIONS DISBURSEMENTS (Amt.) (Amt.) No. of A/Cs Amt. No. of A/Cs Amt. Sector Dec'21 Dec'22 Y-o-Y Y-o-Y Dec'21 Dec'21 Dec'22 Dec'22 Retail 57584 3603 56085 5130 2812 4482 42.38 59.39 Agricul
Slide 32: Co-Lending
CO-LENDING ₹ in Cr RETAIL 1083.11 DEC'21 MAR'22 DEC'22 627.76 607.15 ₹ in Cr OUTSTANDING SANCTIONS As on 31 Dec'22 st DEC'21 MAR'22 DEC'22 Sector No. of A/Cs Amt. No. of A/Cs Amt. No. of A/Cs Amt. No. of A/Cs Amt. AGRICULTURE 1.68 0.84 Retail 4948 627.76 5679 607.15 11615 1083.11 35437 3593.01 0.00
Slide 33: Achievement Under Mandated Targets
ACHIEVEMENT UNDER MANDATED TARGETS TOTAL PRIORITY SECTOR ADVANCES @ 54.88% of ANBC against norm of 40% AGRICULTURE ADVANCES SURPASSED @ 22.08% of ANBC against norm of THE 18% MANDATED NORMS IN RESPECT OF WEAKER SECTOR @ 17.23% of ANBC against norm of 11.50% PSLC SOLD ₹ 4650 Cr ADVANCES TO SMALL AND
Slide 34: Covid-19 Credit Support
COVID -19 CREDIT SUPPORT ₹ in Cr ECLGS EXTENSION No. of Sanctions – 165819 ECLGS-1 Amt. Sanctioned – 3165.67 No. of Sanctions 10419 EXTENSION - 1 Amount Sanctioned 766.94 No. of Sanctions – 178 ECLGS-2 Amt. Sanctioned – 558.01 No. of Sanctions 93 EXTENSION - 2 Amount Sanctioned 64.44 No. of Sanction
Slide 35: Other Major Ratios
OTHER MAJOR RATIOS PROVISION COVERAGE RATIO SLIPPAGE RATIO 91.72 1.47 1.29 89.20 86.69 0.88 86.61 85.77 0.54 0.37 DEC'21 MAR'22 JUN'22 SEP'22 DEC'22 DEC'21 MAR'22 JUN'22 SEP'22 DEC'22 NET INTEREST MARGIN (%) 4.07 3.76 3.26 3.44 2.88 3.77 3.41 3.02 3.04 2.88 DEC'21 MAR'22 JUN'22 SEP'22 DEC'22 Exclusi
Slide 36: Investments
INVESTMENTS |
Slide 37: Investment Portfolio
INVESTMENT PORTFOLIO ₹ in Cr Dec '21 Dec '22 Particulars Dec'21 Dec'22 0.18% 2.18% 0.03% 0.48% 2.08% 0.03% Govt. Securities 103916 100560 24.18 23.75 % % Other Approved - - 2.05% 2.02% Shares 2992 2840 Debentures & Bonds 35211 33340 0.01% 0.01% 71.37 71.63 Subsidiaries & Joint % 258 670 % Ventures O
Slide 38: Treasury Performance
TREASURY PERFORMANCE INTEREST ON INVESTMENT ₹ in Cr TRADING PROFIT ₹ in Cr 70.48 2283 2200 Dec'21 Dec'22 39.40 Particulars (Quarter) (Quarter) Aggregate Investment 145602 140383 Interest on Investment DEC'21 DEC'22 DEC'21 DEC'22 (₹ in Cr) 2283 2200 Yield on Investment % 6.28 6.36 RETURN ON INVESTMEN
Slide 39: Treasury Operations
TREASURY OPERATIONS ₹ in Cr TOTAL INVESTMENT BOOK DEC'21 DEC’22 AGGREGATE INVESTMENT 145601.84 140382.95 PORTFOLIO HTM AFS HFT HTM AFS HFT INVESTMENT 98013.68 47306.86 281.30 106019.84 34111.96 251.15 PERCENTAGE 67.32% 32.49% 0.19% 75.52% 24.30% 0.18% TOTAL SLR 103915.06 100559.34 OF WHICH SLR 69556
Slide 40: Digital Journey
DIGITAL JOURNEY
Slide 41: Leveraging Technology
LEVERAGING TECHNOLOGY Lead Generation Through Missed Call Digital Adoption in Semi- urban and Rural Areas Fintech Partnership Assisted journey for Digital Lending for CKCC Renewal Social Media through tablet Presence Index Online Loan Status Tracking for Customers Digital Services- Bank Mitras Dedic
Slide 42: Digital Transactions & Customer Touch Points (1/2)
DIGITAL TRANSACTIONS & CUSTOMER TOUCH POINTS (1/2) Jan'21 to Dec’21 Jan'22 to Dec’22 UPI Debit Card (POS) 9% 3% 6% 6% 5% IMPS RTGS/NEFT 2% 7% 1% 3% 0% 1% 67% Mobile Banking AEPS-BHIM- 1% 6% AADHAR 77% 6% Internet Others Banking PAYMENT ACCEPTANCE TOUCH POINTS OTHER TOUCH POINTS DIGITAL TOUCH POINTS
Slide 43: Digital Transactions & Customer Touch Points (2/2)
DIGITAL TRANSACTIONS & CUSTOMER TOUCH POINTS (2/2) IMPS TRANSACTIONS UPI (Remitter + Beneficiary) 18635.70 1421.95 1161.86 12458.58 JAN'21 - JAN'22 - JAN'21 - JAN'22 - DEC'21 DEC'22 DEC'21 DEC'22 MOBILE BANKING INTERNET BANKING 155.37 151.89 126.45 149.24 JAN'21 - JAN'22 - JAN'21 - JAN'22 - DEC'21 D
Slide 44: Digital Initiatives
DIGITAL INTIATIVES Video KYC Demat & Online Trading Initiated Digital Customer On- boarding through Video KYC (online Third-party financial partnership with channel) as part of hassle free Motilal Oswal Financial Services for customer on-boarding. Online Demat & Trading Account. Co-Lending – Integra
Slide 45: Product Offering
PRODUCT OFFERING W WHOLESALE D DIGITAL T TREASURY R RETAIL R RETAIL R RETAIL BANKING BANKING BANKING BANKING BANKING BANKING Commercial Banking Digital Products Product Segments Liability Products Assets Products Other Products/ Services Working Capital Debit Cards Foreign Exchange Saving Accounts H
Slide 46: Financial Inclusion
FINANCIAL INCLUSION S No. of Accounts (in Lakhs) Balance Outstanding (in Cr) o 5003.00 5061.98 5333.95 4840.22 c 158.44 4374.66 i P 153.77 a 149.37 M 146.49 146.18 l J S D e c Y DEC'21 MAR'22 JUN'22 SEP'22 DEC'22 DEC'21 MAR'22 JUN'22 SEP'22 DEC'22 u r i t PMJJBY PMSBY APY y 65.57 18.47 20.03 55.75 1
Slide 47: Shareholding Pattern
SHAREHOLDING PATTERN NRI Public 3.51% Banks & FI As on 31st Dec’22 0.05% 0.01% Insurance Cos. 2.69% FIIs Share Capital : ₹ 8680.94 Other Body Corp 0.19% Cr 0.22% Others Shares of Central Bank of 0.25% India are listed at BSE and GOI NSE Banks & FI Equity Shares of Central FIIs Bank of India we
Slide 48: Pan India Branches Network
PAN INDIA BRANCHES NETWORK As on 31st Dec'22 1 2 Ladakh Jammu and Kashmir 1 15 1 Himachal Pradesh 3 55 Total Branches 4493 2 Chandigarh 4 11 Rural 1600 3 5 Punjab 137 Semi Urban 1330 5 4 6 Uttarakhand 41 Haryana 136 Urban 769 6 7 7 8 8 National Capital Territory of Delhi 97 Metro 794 15 9 Rajasthan
Slide 49: Central Bank of India - Group
CENTRAL BANK OF INDIA - GROUP Subsidiaries ₹ in Cr Central Bank of India Nine Months Ended Particulars Shareholding Dec’22 Dec’21 Cent Bank Home Finance Ltd. • Engaged into Housing Finance Activity Total Income 104.63 91.01 • Presence in 11 States through 24 Branches & 6 SPOKE locations Net Profit/(
Slide 50: Central Bank of India - Group
CENTRAL BANK OF INDIA - GROUP Group Position ₹ in Cr Particulars As on 31st Dec'22 As on 31st Dec'21 CAPITAL & LIABILITIES Capital 8681 8681 Reserves and Surplus 19945 18550 Minorities Interest 66 55 Share Application Money Pending Allotment - - Deposits 345336 338102 Borrowings 8710 5691 Other Liab
Slide 51: Central Bank of India - Group
CENTRAL BANK OF INDIA - GROUP Group Performance ₹ in Cr Nine Months Ended Particulars DEC’22 DEC’21 INCOME Interest and Dividend Earned 18486 17088 Other Income 2660 2338 Total 21146 19426 EXPENDITURE Interest Expended 10262 9980 Operating Expenses 6075 5683 Provisions and Contingencies 3775 3016 To
Slide 52: Guidance for Mar'23
GUIDANCE FOR MAR’23 PARAMETERS GUIDANCE Deposit Growth 5-7% Advances Growth 13 to 15% Business Growth 8-10% RAM: Corporate Credit Ratio 65:35 (+/-5%) NIM More than 3% CASA More than 50% Gross NPA Below 8% Net NPA Below 2% PCR More than 92% Slippage Ratio 2.00-2.25% Credit Cost (Annualized)(Without P
Slide 53: Awards and Recognition
AWARDS AND RECOGNITION RUNNER-UP IN THE IT RISK MANAGEMENT CATEGORY Award Received by ED Shri Murali Krishna GM-IT Shri E. Ratan Kumar 52
Slide 54: Thank You
THANK YOU
Central Bank of India — Q3 FY2022-23 Earnings Presentation on 6ix