Indian Bank · NSE:INDIANB
Indian Bank — Non-Deal Roadshow (November 2023)
35 slides from Indian Bank's roadshow presentation, Nov 27, 2023
Slide 1: Exchange filing cover letter for roadshow presentation
*114101ft Indian Bank G2 A IticeliK निवेशक सेवाएँ कक्ष INVESTOR SERVICES CELL Ref: ISC/320/2023-24 Date: 27.11.2023 The Vice President The Vice President National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, 25, P. J. Towers Bandra- Kurla Complex Dalal Street, Mumbai-400001 Bandra East, Mum
Slide 2: Corporate Presentation November 2023
Agricultural Jewel Your own Bank, Always with You G2Z —Wf{:12323 INDIA Loan 3-1-cr- HTch4+-1 WITH YOU YOUR OWN BANK. ALWAYS TITtl qfDlzr tn1.1.4Pft ONE EARTH • ONE FANILV ONE Transform Assets into Opportunities IB Corp SB Elite An eLITe space to park your salary .. Locker Agreements Now available di
Slide 3: Disclaimer
Disclaimer Indian Bank G2C1 - 24:123 mud "ligfL. ItrillIFITc AIAMMIAD 4P77...r This presentation has been prepared for general information purposes in respect of Indian Bank (“Bank”) together with its subsidiaries, associates and joint ventures, as applicable (together, with the Bank, the “Group”) o
Slide 4: Disclaimer
Disclaimer Indian Bank G2C1 - 24:123 mud "ligfL. ItrillIFITc AIAMMIAD 4P77...r This presentation is not a prospectus, a statement in lieu of a prospectus, an offering circular, an advertisement or an offer document under the Companies Act, 2013, as amended, the Securities and Exchange Board of India
Slide 5: Agenda
G212. Agenda Indian Bank ItrillIFITc ALLAN/MD •- • 1 Indian Bank Overview 2 Key Investment Highlights 3 Key Growth Strategies 4 Balance Sheet Highlights Strictly Private and Confidential © 2023 Indian Bank. All Rights Reserved 4
Slide 6: Indian Bank – Overview
Indian Bank – Overview Strictly Private and Confidential
Slide 7: Indian Bank – India's 7th Largest Public Sector Bank
Indian Bank – India’s 7th Largest Public Sector Bank Indian Bank G22. 2023 wpm "iiglif..._. ItrillIFITc ALLANAIAD 4P77...r An Overview Indian Bank in numbers (As of Sept’23/For H1FY24) • Rich legacy of more than 116 years Total Business: Gross Advances: Deposits: • E- Allahabad Bank got amalgamated
Slide 8: Indian Bank – Key Investment Highlights
Indian Bank – Key Investment Highlights Strictly Private and Confidential
Slide 9: Strong and Established Banking Franchise
Strong and Established Banking Franchisee Indian Bank G2.e. "iiglif...23.3 wpm ItrillIFITc AIAMMIAD 4P77...r 4 Diversified Asset Portfolio with a focus on RAM Assets Stable & growing Deposit Base Consistent Financial Performance Improving Asset Quality: Reduction in GNPA, NNPA aided by lower additio
Slide 10: Diversified Asset Portfolio with a focus on RAM Assets
Diversified Asset Portfolio with a focus on RAM Assets Indian Bank G22. "iiglif...23.3 wpm lirgrtrrgrc ALLANAIAD 4P77...r Domestic Gross Advances – Growth driven by Agriculture & MSME Advances profile - Gradual Ramp up of RAM assets INR Crs FY21 H1FY24 YoY 7.9% CAGR 3,95,698 4,43,921 4,58,681 Retail
Slide 11: Diversified Advances Book aimed at reducing concentration risk
Diversified Advances Book aimed at reducing concentration risk Indian Bank G22. "iiglif...23.3 wpm ItrillIFITc ALLANAIAD 4P77...r FY21 FY22 FY23 H1FY24 %mix to %mix to %mix to %mix to Particulars (INR Cr) Outstanding domestic Outstanding domestic Outstanding domestic Outstanding domestic advances ad
Slide 12: Improving Ratings Profile
- \ Indian Bank IIIII l'i44.1 4* -,,,--) G22. Improving Ratings Profile 7IICIT._• 2023 INDIA a ItralIFITc AIAMIAIAD ehm oxr weir. now ruTume External Rating-Wise Distribution of Domestic Advances above INR 10 crore INR Crs 2,19,668 2,12,953 2,38,501 2,40,038 • ~75% of the rated book is 10% 24,259 10
Slide 13: Exposure to NBFC sector is largely towards top rated firms
Exposure to NBFC sector is largely towards top rated firms 44.14* Indian Bank G22. 2023 INDIA 7IIMIT._• a mum ALLAN/MD e.m.oxrrArcur.a.E.,.. NBFC standard exposure at INR 63,668 crs with 37% towards HFCs which are highly stable INR Crs 46,002 49,232 66,301 63,668 47% 21,441 44% 21,753 51% 33,750 52%
Slide 14: Strong and growing deposit base
Strong and growing deposit base Indian Bank G22. "iiglif...23.3 wpm ItrillIFITc ALLAH/MD 4P77...r Deposits Have Witnessed A Healthy Growth % Share of Domestic Deposits – H1FY24 INR Crs 7 .2% CAGR 6,40,803 5.32% 36.05% 6,21,166 5,93,618 • More than 41% CASA Ratio in 5,38,071 58.63% H1FY24 • Current A
Slide 15: Consistent Financial Performance (1/2)
Consistent Financial Performance (1/2) Indian Bank G2C1 - 24:123 mud "ligfL. a AIAMMIAD 4P77...r YoY Growth1 YoY Growth2 Particulars (INR Cr) FY21 FY22 FY23 H1 FY23 H1FY24 (%) (%) Interest Income 39,106 38,856 44,942 15.66% 20,864 26,793 28.42% Interest Expense 23,440 22,128 24,717 11.70% 11,646 15,
Slide 16: Consistent Financial Performance (2/2)
Consistent Financial Performance (2/2) Indian Bank G22. "iiglif...23.3 wpm ItrillIFITc ALLANAIAD 4P77...r Net Interest Margins - Domestic Cost to Income ratio Provisions1 INR Crs 3.41% 3.57% 3.15% 9,513 9,356 2.85% 2.91% 48.55% 8,061 46.21% 44.20% 44.29% 4,277 43.14% 3,291 FY21 FY22 FY23 H1FY23^ H1F
Slide 17: Interest and Non Interest Income
Interest and Non Interest Income Indian Bank G22. "iiglif...23.3 wpm ItrillIFITc ALLANAIAD 4P77...r YoY Growth1 YoY Growth2 Particulars (INR Cr) FY21 FY22 FY23 H1 FY23 H1FY24 (%) (%) Interest income on Advances 27,455 26,928 31,941 18.62% 14,539 19,633 35.04% Interest income on investments 11,167 10
Slide 18: Fee Income
Fee Income Indian Bank G22. "iiglif...23.3 wpm a ALLANAIAD 4P77...r YoY Growth1 YoY Growth2 Particulars (INR Cr) FY21 FY22 FY23 H1 FY23 H1FY24 (%) (%) Transaction Fees 690 700 704 0.57% 377 379 0.53% Loan Processing charges 526 574 693 20.73% 310 338 9.03% Commission on government 74 77 76 (1.30%) 3
Slide 19: Interest Expense and Operating expense
Interest Expense and Operating expense Indian Bank G22. "iiglif...23.3 wpm a ALLANAIAD 4P77...r YoY Growth1 YoY Growth2 Particulars (INR Cr) FY21 FY22 FY23 H1 FY23 H1FY24 (%) (%) Interest on deposits 22,221 20,936 23,184 10.74% 10,946 14,464 32.14% Interest on borrowings 401 248 616 148.39% 251 124
Slide 20: Provisions
Provisions^ Indian Bank G22. "iiglif...23.3 wpm ItrillIFITc ALLANAIAD 4P77...r YoY Growth1 YoY Growth2 Particulars (INR Cr) FY21 FY22 FY23 H1 FY23 H1FY24 (%) (%) NPA – Advances 7,318 8,447 6,516 (22.86%) 4,002 1,848 (53.82%) NPA – Investments (1) 111 405 264.86% 366 24 (93.44%) Standard Advances 469
Slide 21: Capital Adequacy Ratio
Capital Adequacy Ratio Indian Bank G22. "iiglif...23.3 wpm ItrillIFITc ALLANAIAD 4P77...r Bank Has Stable Capital Ratios CRAR 15.71% 16.53% 16.49% 15.53% 3.36% 3.01% 3.78% 2.90% 0.64% 0.59% 0.56% 0.66% 11.27% 11.93% 12.53% 13.17% 12.89% 13.48% 12.07% 12.63% FY21 FY22 FY23 H1FY24* ■ CET 1 ■ AT 1 ■ Ti
Slide 22: Improving Asset Quality (1/3)
Improving Asset Quality (1/3) Indian Bank G22. "iiglif...23.3 wpm A 11'411111= ALLANAIAD 4P77...r Reducing Non-performing Assets Improving Provision Coverage Ratio 93.82% 91.08% 95.64% 87.38% 9.85% 82.12% 85.65% 88.46% 8.47% 74.87% 80.68% 7.30% 68.09% 5.95% 4.97% 3.37% 2.27% 1.50% 0.90% 0.60% FY21 F
Slide 23: Improving Asset Quality (2/3)
- \ G2 6 Improving Asset Quality (2/3) 44.14* -,,,--) Indian Bank 1:123 wpm 7ffq..1 a lirgrtrrgrc AiLAISIAD 4P77...r ........................ Movement of NPA Particulars (INR Cr) FY21 FY22 FY23 H1FY23 H1FY24 A. Gross NPA opening balance 41,998 38,455 35,214 I 35,214 28,180 I B. Additions 9,430 10,16
Slide 24: Improving Asset Quality (3/3)
Improving Asset Quality (3/3) Indian Bank G2C1 24:123 mud -"ligfL. IFillIFITc AIAMMIAD 4P77...r Sector-wise NPA FY21 FY22 FY23 H1 FY23 H1FY24 Particulars (INR Cr) Gross % of % of % of % of Gross NPA Gross NPA Gross NPA % of portfolio Gross NPA NPA portfolio portfolio portfolio portfolio Retail Credi
Slide 25: Pan India presence through a wide network of branches & touch points
Pan India presence through a wide network of branches Indian Bank G22. 7ff:Z.9.3 acpu & touch points a WV= ALLAN/MD qtRw•wr Pan India network of branches Processing Centres & Verticals as on Sep’23 9 • 5,819 Branches present across India LCBs Northern • 3 overseas branches and 1 IFSC 51 26 692 Banki
Slide 26: Experienced Management Team
Experienced Management Team Indian Bank ItrillIFITc ALLAN/MD • Assumed charge as Managing Director and Chief Executive Officer of Indian Bank on 1st September 2021. • Prior to this, he served as an Executive Director of Bank of Baroda where he played a pivotal role in the amalgamation process of Vij
Slide 27: Building a digital Bank
Building a digital Bank ~f' s~r~t Indian Ban G26 - .02.3 warn "F35...._.. a ALLANAIAD 4P77..Y Digital Channels Th Net Mobile BHIM Credit Debit Cards POS UPI UPI QR Banking Banking Aadhar Cards In lakhs Mobile Banking UPI Users YaY 34% TOT 15J .1 551 Sep-22 Sep-23 QE Sep 22 QE Sep 23 Sep-22 Sep-23 CI
Slide 28: New Digital initiatives of the Bank
New Digital initiatives of the Bank Indian Bank G2e. "iiglif...23.3 wpm a ALLANAIAD 4P77.'wr Retail Agriculture MSME Liability Products ► Pre-Approved Personal Loans ► Kisan Credit Card ► IND GST Advantage ► Term Deposits - ETB ► Home loans ► Shishu MUDRA ► KCC Renewal ► Term Deposits - NTB ► Vehicl
Slide 29: Digital enablers and initiatives
G22, Digital enablers and initiatives Indian Bank -FINT23.3 wpm 4077...r a itrwrtrilrm ALLANAIAD Digital Business & Fintech Partnership Digital Lending Tab Banking Document / Platform e-BG, Record e-Locker, Management e-NSC, e-KVP System Digital Analytics Initiatives Omni Channel Centre of Excellenc
Slide 30: Environmental, Social & Governance Initiatives
Environmental, Social & Governance Initiatives Indian Bank G22. 2023 wpm "iiglif..._. ItrillIFITc ALLANAIAD 4P77...r Promoting sustainable Creating values for inclusive livelihood Transparency in business environmental practices Policy on Green Deposits n Rural Development: 37 RSETI Centres (INDSETI
Slide 31: Key Growth Strategies
Key Growth Strategies Strictly Private and Confidential
Slide 32: Key Growth Strategies
G2.e. Key Growth Strategies griqo 44* qmomig Indian Bank ALLAINIAD "iiglif...2323 wpm 4P77...r Continue investments in Continued focus on Asset Quality Targeted growth in Business technology to enhance the digital HR Initiatives & Risk Management banking experience ✓ Continued focus on RAM ✓ Digital
Slide 33: Balance Sheet Highlights
Balance Sheet Highlights Strictly Private and Confidential
Slide 34: Balance Sheet Highlights
Balance Sheet Highlights Indian Bank G22. "iiglif...23.3 wpm a ALLANAIAD 4P77...r Particulars (INR Cr) FY21 FY22 FY23 H1 FY23 H1FY24 Capital & Liabilities Capital 1,129 1,245 1,245 1,245 1,245 Reserves & Surplus 37,283 42,463 46,728 44,926 50,417 Deposits 5,38,071 5,93,618 6,21,166 5,88,860 6,40,803
Slide 35: Thank You
*igqo Indian Bank G2C1 - 2o23 num 111:K__• Itrarim ALLANAIAD =p.m .exEnwcur .1am eu.rug. Thank You Strictly Private and Confidential