Bank Of India · NSE:BANKINDIA
Bank Of India — FY2021 Earnings Presentation
50 slides from Bank Of India's earnings presentation, Jun 4, 2021
Slide 1: Investor relations cover letter to exchanges
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Slide 2: Performance Analysis FY 2020-21
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Slide 3: Performance Highlights: Global Business
Performance Highlights BOI " Global Business 9,72,026 10,26,866 10,37,549 31.03.2020 31.12.2020 31.03.2021 Global Deposits Global Advances 6,27,113 5,55,505 6,11,879 4,14,987 4,10,436 4,16,521 I I I IZ 1 I I 1 / 31.03.2020 31.12.2020 31.03.2021 31.03.2020 31.12.2020 31.03.2021 2
Slide 4: Performance Highlights: Domestic & Overseas Deposits and Advances
Performance Highlights BOI Domestic & Overseas Deposits 5,51,135 4,82,539 5,36,171 72,966 75,708 75,978 / 31.03.2020 31.12.2020 31.03.2021 Domestic & Overseas Advances 3,57,670 3,63,009 3,62,361 58,852 51,978 48,075 31.03.2020 31.12.2020 31.03.2021 3
Slide 5: Performance Highlights: Interest Income
Performance Highlights BOI *j! Interest Income 10,528 10,243 9,327 Q4FY20 Q3FY21 Q4FY21 42,353 40,599 FY20 FY21 4
Slide 6: Performance Highlights: Net Interest Income
Performance Highlights Net Interest Income 3,793 3,739 2,936 Q4FY20 Q3FY21 Q4FY21 15,256 14,270 FY20 FY21 5
Slide 7: Performance Highlights: Net Interest Margin
Performance Highlights BOI Net Interest Margin 3.18% 1.17% 2.90% 1.10% 1.10% Domestic Foreign 2.81% 2.58% 2.16% 2.01% Global Q4FY20 Q3FY21 Q4FY21 3.28% 2.70% 2.93% 2.48% 1.18% 1.16% FY20 FY21 Domestic Foreign Global 6
Slide 8: Performance Highlights: Other Income
Performance Highlights Other Income 2,067 2,053 1,688 Q4FY20 Q3FY21 Q4FY21 6,713 7,441 FY20 FY21 7
Slide 9: Performance Highlights: Operating Profit
Performance Highlights Operating Profit 2,653 2,835 2,094 Q4FY20 Q3FY21 Q4FY21 11,519 10,872 FY20 FY21 8
Slide 10: Performance Highlights: Profit After Tax
Performance Highlights Profit After Tax -3571 541 250 Q4FY20 Q3FY21 Q4FY21 2,160 -2,957 FY20 FY21 9
Slide 11: Yield on Advances and Cost of Deposits
Performance Highlights BOI Yield on Advances and Cost of Deposits 8.62 8.23 7.48 Yield on Advances 4.50 4.57 Cost Of Deposits 4.10 FY19 FY20 FY21 10
Slide 12: Cost to Income Ratio (CIR)
Performance Highlights Cost to Income Ratio (CIR) 51.17% 58.02% 51.60% Q4FY20 Q3FY21 Q4FY21 47.57% 49.92% FY20 FY21 11
Slide 13: Gross & Net NPA Ratio
Performance Highlights Gross & Net NPA Ratio 14.78% 13.25% 13.77% 3.88% 2.46% 3.35% Gross NPA Net NPA Q4FY20 Q3FY21 Q4FY21 14.78% 13.77% 3.88% 3.35% Gross NPA Net NPA FY20 FY21 12 111111!111 11 1111k1111 11111 1 111[111111111 1 1 1 111 11 11 1 11 [W 1 1111 11 111 M11111111111 It'll I 1 11 1[11!11111
Slide 14: Provision Coverage Ratio (PCR)
Performance Highlights Provision Coverage Ratio (PCR) 89.32% 86.24% 83.75% Q4FY20 Q3FY21 Q4FY21 83.75% 86.24% FY20 FY21 13
Slide 15: CET-1 / Tier-1 and Tier-2 (%)
Performance Highlights BOI CET-1 / Tier-1 (%) 11.51% 11.96% 9.88% 9.90% ■ CET-1 ■ TIER-1 31.03.2020 31.03.2021 Tier-2 (%) 3.20% 2.97% 31.03.2020 31.03.2021 14
Slide 16: CRAR and Capital Funds
Performance Highlights BOI 0 CRAR (%) 13.10% 14.93% 31.03.2020 31.03.2021 Capital Funds 44,990 38,538 z 31.03.2020 31.03.2021 V 15
Slide 17: Business Synopsis: Business Mix
Business Synopsis BOI '1 Variation (%) Business Mix (Deposits + Advances) 31.03.2020 31.03.2021 over (Y-o-Y) Global Business 972,026 1037,549 6.74 Domestic 840,209 913,496 8.72 Foreign 131,817 124,053 -5.89 Global Deposits 555,505 627,113 12.89 Domestic 482,539 551,135 14.22 Foreign 72,966 75,978 4.
Slide 18: Domestic Deposits - CASA
Domestic Deposits - CASA FY20 FY21 CA 5.47% CA TD SA 5.17% Others TD SA 36.03% 49.75 % Others 36.10% 49.51 % Bulk Deposits Bulk 8.76% Deposits 9.21% CASA :41.50 % CASA :41.27% (Rs in Crore) % Type of deposits 31.03.2020 31.12.2020 31.03.2021 Y-O-Y Growth Current Account 26,046 29,532 28,166 8.13 Sav
Slide 19: Key Sectors – Domestic
Key Sectors – Domestic BOI €) % to Domestic Y-O-Y Industry 31.03.2020 31.12.2020 31.03.2021 credit Growth % Mar21 Agriculture 52,184 53,943 55,698 6.73 15.37 (Excluding RIDF) MSME 56,092 61,911 63,237 12.74 17.45 Retail 60,834 65,143 68,058 11.87 18.78 RAM 169,110 180,997 186,993 10.57 51.60 Corpora
Slide 20: Domestic Advances – Segment wise break-up
Domestic Advances – Segment wise break-up BOI IN 35414 ■ RAM 169110 ■ Corporate & Others 153146 ■ Govt. & Govt. guaranteed Advance FY20 ■ RAM 45412 186993 ■ Corporate & Others 129956 ■ Govt. & Govt. guaranteed Advance FY21 19
Slide 21: Retail Credit
Retail Credit BOI €) % to Y-O-Y Retail Particulars 31.03.2020 31.12.2020 31.03.2021 Growth % Credit Mar 21 Home 35,994 38,706 40,094 11.39 58.91 Mortgage 6,693 6,744 6,883 2.84 10.11 Auto 5,599 6,428 6,891 23.07 10.13 Education 3,128 3,039 2,783 (11.04) 4.09 Personal 1,757 2,537 2,557 45.56 3.76 Oth
Slide 22: Domestic Credit – Industry-wise
Domestic Credit – Industry-wise BOI '1 % to Y-O-Y Particulars 31.03.2020 31.12.2020 31.03.2021 Domestic Growth % Advances Infrastructure 54,447 57,899 58,690 7.79 16.04 Basic Metal & Metal 13,571 13,539 14,393 6.06 3.93 products Textiles 8,421 8,052 7,895 -6.25 2.16 Gems & Jewellery 4,634 4,305 3,93
Slide 23: Priority Sector Advances
Priority Sector Advances BOI Y-O-Y % to ANBC Industry 31.03.2020 31.12.2020 31.03.2021 Growth% (FY2020-21) Agriculture 52,918 57,340 59,007 11.52 17.50 Out of which, S&MF 26,476 30700 31,992 20.83 9.29 MSME 52,302 56,183 57,267 9.49 Out of which, Micro 27,040 37,655 38,158 41.12 11.54 Housing Loan 1
Slide 24: Advances - Infrastructure Sectors
Advances - Infrastructure Sectors BOI ''' Particulars 31.03.2020 31.12.2020 31.03.2021 Y-O-Y ( % ) Power 34,196 37,210 38,711 13.20 a) SEBs 13,917 18,691 18,770 34.87 b) Others 20,279 18,519 19,941 (1.67) Roads and Ports 13,398 14,506 13,988 4.40 Telecom 492 479 487 (1.02) Other Infrastructure 6,361
Slide 25: Rating Profile
Rating Profile Govt. Exposure 21% 30% 9% Unrated 2% Below BBB 7% 7% 4% BBB 3% 59% A & above 58% FY20 FY21 A & Above ■ BBB Below BBB Unrated Govt Exposures 24 14 1 1 1 1 11 11111. , 11 1 111 11 111 1 11/ 11,141 1 1 11 11111 1 11114 1 1 1 1 1 11/ 1, 4 4111 111/1 , • 1 11 11 1111+ 1,1 11 1 11 111111 ,
Slide 26: SMA-1 & SMA-2 Accounts
SMA - 1 & 2 Accounts BOI REPORTED TO RBI-CRILC (Central Repository of Information on Large Credits) EXPOSURE OF RS. 5 Crore and above No. of FB+NFB No. of FB+NFB No. of FB+NFB VERTICAL Borrowers O/S Borrowers O/S Borrowers O/S Mar-20 Dec-20 Mar-21 SMA-1 62 1,773 158 3,087 160 2,742 SMA-2 55 2,370 15
Slide 27: Sector breakup of Restructured Advances
Sector breakup of Restructured Advances 31.03.2020 FY20 FY21 NO. OF ACCOUNT AMOUNT NO. OF ACCOUNT AMOUNT Sector INFRA 14 1871 15 1477 INFRA-POWER 10 1672 9 1269 INFRA-TELECOM 0 0 0 0 INFRA-ROADS & PORTS 3 116 3 110 INFRA-OTHERS 1 84 3 98 AVIATION 0 0 1 1677 TEXTILES 19 61 32 95 ENGG 7 60 17 103 SUGA
Slide 28: NCLT Accounts as on 31.03.2021
NCLT ACCOUNTS as on 31.03.2021 38239.3 28416.56 2130.37 5594.78 2097.59 RBI 1 List RBI 2 List Account Accounts Total filed by BOI filed by at NCLT other banks at NCLT Gross Exposure in INR crore 27
Slide 29: Asset Quality Trend
Asset Quality Trend BOI Item 31.03.2020 31.12.2020 31.03.2021 Gross NPA 61,550 54,997 56,535 Net NPA 14,320 9,077 12,262 Gross NPA % 14.78% 13.25% 13.77% Net NPA % 3.88% 2.46% 3.35% Provision Coverage Ratio (%) 83.74% 89.32% 86.24% 28
Slide 30: Movement of NPA
Movement of NPA BOI 31.03.2020 31.03.2021 Segment Q4FY20 Q3FY21 Q4FY21 (FY20) (FY21) Opening Balance 61,730 56,232 54,997 60,661 61,550 Less : Recovery 1,279 1,495 975 6,509 4,188 Upgradation 27 166 109 1,303 635 Write Off 1,638 70 4,746 7,628 8,732 Total reduction 2,944 1,731 5,830 15,440 13,555 Sl
Slide 31: Slippages for FY 2020 & FY 2021
Slippages for FY 2020 & FY 2021 BOI Segment 31.03.2020 31.03.2021 - Retail 1,171 967 - Agriculture 3,165 1,717 - MSME 2,338 1,691 - Corporate & Others 8,037 3,829 Domestic (Total) 14,711 8,204 Overseas (Total) 1,618 336 Grand Total 16,329 8,540 Slippages as %-of Standard Advances 31.03.2020 31.03.20
Slide 32: Monitoring Mechanism for SMA
Monitoring Mechanism for SMA BOI The major initiatives taken in this regard are given as under: Various campaigns viz. Star Chunauti, Star SANKALP, Star Focus launched during the month of February, March-21 and continuation of Star SANKALP which involved the staff at all levels including the sub-o
Slide 33: Breakup of Gross NPA
Breakup of Gross NPA BOI % to Item 31.03.2020 31.12.2020 31.03.2021 Domestic Credit Mar 20 Mar 21 Large Corporate 31,799 27,353 25,787 51.66 45.61 MSME 8,889 8,150 10,550 14.44 18.66 AGRICULTURE 9,044 8,365 85,01 14.69 15.04 RETAIL 1,806 1,485 21,63 2.93 3.83 TOTAL (Domestic) 51538 45,353 47,001 83.
Slide 34: Investments (Domestic)
Investments (Domestic) BOI FY20 FY21 Particulars AFS HTM HFT AFS HTM HFT SLR Investments 30,220 87,515 10 40,214 100,927 (24) Of Which: Government 30,220 87,515 10 40,214 100,927 (24) Securities Other Approved 0 0 0 0 0 0 Securities M Duration 1.51 -- 6.85 1.22 -- 7.74 Non SLR 14,826 23,696 0 12,589
Slide 35: Net Interest Income
Net Interest Income BOI Quarter ended Variation YOY Particulars (Qtr) Q4FY 20 Q3FY 21 Q4FY21 Variation % FY20 FY21 (Annual) % Interest Income 10,528 10,243 9,327 -8.94 42,353 40,599 -4.14 a. From Advances 7,207 6,941 6,184 -10.91 28,805 27,407 -4.85 b. From Investments 2,770 2,926 2,915 -0.38 10,704
Slide 36: Non-Interest Income
Non-Interest Income BOI Quarter ended Variation FY20 FY21 YOY (Qtr ) Variation Particulars % (Annual) Q4FY 20 Q3FY 21 Q4FY21 % Commission, Exchange & 326 291 316 8.59 1,356 1,106 -18.44 Brokerage Profit from Sale 243 820 290 -64.63 585 2,547 335.38 of Investments Profit from Exchange 418 425 712 67.
Slide 37: Provisions
Provisions BOI Particulars FY20 FY21 Operating Profit 11,519 10,872 Provisions for - Bad & Doubtful 14,417 6,613 - Standard Assets 859 (41) - NPV / Others 505 195 - Depreciation on Investment 342 869 Total Provisions before Tax 14,477 7,636 Profit before Tax (PBT) (4604) 3236 Taxation (1646) 1076 Ne
Slide 38: Key Financial Ratios
Key Financial Ratios BOI Particulars 31.03.2020 31.03.2021 Domestic Foreign Global Domestic Foreign Global Cost of Deposits 5.10 1.63 4.57 4.57 0.76 4.10 Yield on Advances 9.33 3.91 8.62 8.15 2.32 7.48 Yield on Investments 7.29 6.22 7.24 6.59 6.39 6.58 Net Interest Margin 3.28 1.18 2.93 2.70 1.16 2.
Slide 39: Capital Adequacy – Basel-III
Capital Adequacy – Basel-III BOI Particulars 31.03.2020 31.12.2020 31.03.2021 Capital Adequacy - Basel III CET1 Capital 29,059 28,459 34,690 Tier I Capital 29,119 28,459 36,042 Tier II Capital 9,419 9,245 8,949 Total Capital(CRAR) 38,538 37,704 44,990 Total Assets 656,995 713,382 725,856 Risk Weight
Slide 40: Branch Network
Branch Network Overseas 23 Particulars 31.03.2020 31.12.2020 31.03.2021 Rural 1,828 1,827 1,828 Metro 991 Semi-urban 1,454 1,454 1,453 Rural 1828 Urban 810 811 812 Urban 812 Metro 991 991 991 Semi Domestic 5,083 5,083 5,084 Urban Branches 1453 Overseas 23 23 23 Branches Total 5,106 5,106 5,107 39
Slide 41: Alternate Delivery Channel
Alternate Delivery Channel BOI Internet Banking Users (in Thousands) UPI Users (in Thousands) 7,598 7,421 9,979 8,692 6,751 6,570 Q4 FY20 Q3 FY21 Q4 FY21 Q4 FY20 Q3 FY21 Q4 FY21 Mobile Banking Users (in Thousands) ATM Network 4,338 3,729 5,750 5,690 2,987 5,551 Q4 FY20 Q3 FY21 Q4 FY21 Q4 FY20 Q3 FY2
Slide 42: Shareholding Pattern - 31.03.2021
Shareholding Pattern - 31.03.2021 BOI Individuals BANK OF INDIA - EQUITY As on 31.03.2021 4.79 / Bodies Others Corporate 0.13 % 0.40 % % to FII & Other Category Shares Capital Foreign Promoter(Government of India) 2919690866 89.10 Holding 0.61 % Foreign Financial Institution Insurance 20125248 0.61
Slide 43: COVID-19 Response so far
COVID-19 Response so far Employees Operation Banks Operations were intact during o Staggered working hours and work from lockdown: Home were exercised wherever feasible o COVID Task Force team formed at all o Alternate Delivery Channel were fully administrative office level to support staff operatio
Slide 44: Awards & Recognition
Awards & Recognition BOI Bank has won “APY Annual Award (2020-21)” for overall performance for achieving ‘per APY’ target. Bank has awarded “Best performer under PSU category for Amazing Achievers of APY (AAA)” by PFRDA during 1st February 2021 to 31st March 2021. Bank has won Infosys Finacle
Slide 45: Domestic Subsidiaries
Domestic Subsidiaries FY 9M FY Y - O -Y FY 9M FY Y - O -Y MAR-20 DEC-20 MAR-21 Growth MAR-20 DEC-20 MAR-21 Growth (Amt Crore) (Amt crore) BOI Shareholding Ltd BOI Merchant Banker Ltd - Revenue 12.38 5.33 6.20 -49.87% 1.76 1.15 2.87 62.81% - Net Profit 5.20 1.09 0.84 -83.93% 0.56 0.39 0.92 65.19% - N
Slide 46: International Subsidiaries
International Subsidiaries BOI BOI Tanzania Ltd (Amt Crore) BOI Uganda Ltd (Amt Crore) INR Crores Mar’20 Dec’20 Mar'21 YOY Growth % Mar’20 Dec’20 Mar'21 YOY Growth % Deposits 376 410 398 6 468 535 540 15 Advances 247 242 233 -6 347 366 378 9 Operating Profit 12 9 10 -24 18 15 22 21 Net Profit 7 6 4
Slide 47: Initiatives
Initiatives BOI • Web-based - Retail Online Module: launched to improve productivity and customer service by reducing turnaround time. • Cardless Cash withdrawal using UPI QR (QRCash) has been launched by which our Bank Customers can withdraw cash from ATMs readily without the use of cards. • Mobile
Slide 48: Initiatives
Initiatives BOI • Tech-driven Credit Monitoring System for tracking of ‘Early Warning Signals’ under implementation. • “Enterprise wide Fraud Risk Management” framework for real-time fraud monitoring is under process. • Rationalisation of Domestic/overseas branches and ATMs being undertaken to reduc
Slide 49: Vision, strategy and future outlook
Vision ,strategy and future outlook BOI Expand the Bank’s Retail, Agriculture and MSME (RAM) lending profile by leveraging its existing customer base Continue to contain funding cost by sourcing low cost deposits such as CASA Focus on improving asset quality and containing NPA levels Leverage techno
Slide 50: Thank You
BOI Thank You 49