Bank Of India · NSE:BANKINDIA
Bank Of India — Q3 FY2022-23 Earnings Presentation
45 slides from Bank Of India's earnings presentation, Jan 17, 2023
Slide 1: Investor's Presentation - Unaudited Financial Results Quarter ended 31.12.2022
aiiin 0111 Boi Bank of India 7:sinsone.- th`l-f T. Ref No Ref No.:HO:IRC:SVM:2022-23:412 "ft9tW Date: 17.01.2023 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,
Slide 2: Performance Analysis FY2021-22 Q3 FY 2022-23
PERFORMANCE ANALYSIS FY2021-22 Q3 FY 2022-23 Classification: Internal
Slide 3: External Rating, Branch Networks and Raising of Capital
External Rating, Branch Networks and Raising of Capital External Rating of Bank of India Global Branch Networks Domestic Long Term Rating Branch Network Dec-2021 Sep-2022 Dec-2022 Rating Agency Rating Domestic Branches 5,089 5,102 5,118 Infomerics AAA (Stable) - Metro 990 986 989 CRISIL Ltd. AA+ (St
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 (33-44) 3 Classification: Internal
Slide 5: Key Highlights
Key Highlights 4 Classification: Internal
Slide 6: Performance Highlights (Q3FY23 - YOY)
Performance Highlights (Q3FY23 - YOY) Global Business CASA Provision Cover % Yield on Advances Increased by Increased by Increased by Increased by 9.52% 3.70% 341 bps 65 bps Gross Advances Agri. Advances MSME Advances Retail Advances Increased by Increased by Increased by Increased by 16.08% 9.15% 8
Slide 7: Business Performance
Business Performance 6 Classification: Internal
Slide 8: Global Business
Global Business (Amount in INR crores) Global Business Mix 1,161,441 Q3FY23 1,141,355 9.52% YOY Particulars 31.12.2021 30.09.2022 31.12.2022 1.76% QOQ 1,060,519 Credit Deposit Ratio - 70.19 76.26 77.67 Global (%) 31.12.2021 30.09.2022 31.12.2022 Global Deposits Global Advances Q3FY23 653,691 Q3FY23
Slide 9: Deposits & Advances: Global
Deposits & Advances: Global (Amount in INR crores) Domestic and Overseas Deposits Domestic and Overseas Advances Q3FY23 Q3FY23 2.08% YOY 11.57% YOY 0.96% QOQ 3.49% QOQ 545,359 551,401 556,707 412,233 426,622 Q3FY23 382,365 Q3FY23 24.72% YOY 47.42% YOY 0.88% QOQ -0.56% QOQ 77,761 96,140 96,984 81,582
Slide 10: Domestic Deposit - CASA
Domestic Deposit - CASA (Amount in INR crores) 31.12.2021 30.09.2022 31.12.2022 6% 5% 6% 47% 46% 50% 39% 38% 39% 6% 9% 9% CA SA TD- Bulk Dep TD- Others CA SA TD- Bulk Dep TD- Others CA SA TD- Bulk Dep TD- Others Types of Deposits 31.12.2021 30.09.2022 31.12.2022 Savings Account 206,663 214,085 214,0
Slide 11: Composition of Gross Advances (Domestic)
Composition of Gross Advances (Domestic) (Amount in INR crores) Particulars 31.12.2021 30.09.2022 31.12.2022 Growth YOY% Agriculture 64,439 69,667 70,334 9.15% MSME 63,962 66,530 69,250 8.27% Retail 75,542 87,451 91,371 20.95% Corporate & Others 129,302 144,426 153,458 18.68% Govt. & Govt. Guarantee
Slide 12: Composition of Retail Loans Portfolio
Composition of Retail Loans Portfolio (Amount in INR crores) Particulars 31.12.2021 30.09.2022 31.12.2022 Growth QOQ (%) Growth YOY (%) Home loans 42,562 48,357 50,250 3.91% 18.06% Vehicle loans 9,157 12,283 13,042 6.18% 42.43% Education loans 2,709 2,849 2,912 2.21% 7.49% Mortgage loans 7,106 7,859
Slide 13: Priority Sector Advances
Priority Sector Advances (Amount in INR crores) Mandated Parameters 31.12.2021 30.09.2022 31.12.2022 Target ANBC 351,076 359,608 372,302 Priority Sector 148,683 157,192 160,794 % To ANBC 40% 42.35 43.71 43.19 Agricuture 64,439 69,667 70,334 % To ANBC 18% 18.35 19.37 18.89 Small and Marginal Farmers
Slide 14: Domestic Credit (Industry Wise)
Domestic Credit (Industry Wise) (Amount in INR crores) Particulars 31.12.2021 30.09.2022 31.12.2022 % to Domestic Advances Infrastructure 64,206 66,563 66,221 15.52% Basic Metal & Metal products 13,158 12,081 13,586 3.18% Textiles 7,349 7,506 7,633 1.79% Gems & Jewellery 3,833 4,234 4,025 0.94% Chem
Slide 15: Domestic Advances (Infrastructure Sectors)
Domestic Advances (Infrastructure Sectors) (Amount in INR crores) Particulars 31.12.2021 30.09.2022 31.12.2022 Power 43,405 43,398 42,721 a) SEBs 17,681 19,714 19,945 - Generation 9,513 8,959 8,673 - Transmission 1,937 2,579 2,756 - Distribution 6,231 8,176 8,516 b) Others 25,724 23,684 22,776 Roads
Slide 16: Corporate Rating
Corporate Rating 59.17% 60.45% 29.05% 27.20% 4.15% 3.81% 4.28% 4.40% 3.83% 3.68% As on 30.09.2022 As on 31.12.2022 Govt. Exposure Unrated BB & Below BBB A & above Classification: Internal BUSINESS PERFORMANCE 15
Slide 17: Domestic Investments
Domestic Investments (Amount in INR crores) 30.09.2022 31.12.2022 Particulars AFS HTM HFT AFS HTM HFT SLR Investments 26,003 110,840 65 21,621 118,356 242 Of Which: Government Securities 26,003 110,840 65 21,621 118,356 242 Other Approved Securities - - - - - - M Duration 0.31 - 4.46 1.21 - 6.12 Non
Slide 18: Financial Performance
Financial Performance 17 Classification: Internal
Slide 19: Net Interest Income (Global)
Net Interest Income (Global) (Amount in INR crores) Particulars Q3FY22 Q2FY23 Q3FY23 Interest Income 9,376 11,497 12,728 a. Advances 6,432 8,130 8,828 b. Investments 2,738 2,876 2,985 c. Money Market Operations & Others 206 491 915 Interest Expended 5,968 6,414 7,132 a. Deposits 5,601 5,702 6,042 b.
Slide 20: Non-Interest Income (Global)
Non-Interest Income (Global) (Amount in INR crores) Particulars Q3FY22 Q2FY23 Q3FY23 Commission, Exchange & Brokerage 325 332 384 Profit from Sale and Revaluation of 210 151 115 Investments Profit from Exchange Transactions 577 177 243 Recovery In W/o accounts 338 426 285 Profit on Sale to ARC (PWO
Slide 21: Operating Profit & Net Profit
Operating Profit & Net profit (Amount in INR crores) Particulars Q3FY22 Q2FY23 Q3FY23 Operating Profit 2,096 3,374 3,652 Provisions for - Bad & Doubtful 693 664 1,087 - Standard Assets and others -531 1,151 806 - Dep. on Non-Performing Investment 172 97 -14 Total Provisions before Tax 335 1,912 1,87
Slide 22: Key Financial Ratios (Global)
Key Financial Ratios (Global) Particulars Q3FY22 Q2FY23 Q3FY23 Yield on Advances (%) 7.02 7.21 7.67 Yield on Investments (%) 6.35 6.32 6.49 Yield on Funds (%) 5.24 6.09 6.53 Cost of Deposits (%) 3.68 3.54 3.72 Cost of Funds (%) 3.34 3.40 3.66 Net Interest Margin (NIM) (%) 2.27 3.04 3.28 - Domestic N
Slide 23: Efficiency Ratios
Efficiency Ratios Yields on Advances & Cost of Deposits (%) Yield on Funds & Cost of Funds (%) 7.67 6.53 7.02 7.21 6.09 Q3FY23 Yield Cost 5.24 Q3FY23 Yield Cost Domestic 8.29 4.08 Domestic 6.89 3.77 Overseas 4.45 1.62 Overseas 4.34 2.95 3.68 3.72 3.66 3.54 3.34 3.40 Q3FY22 Q2FY23 Q3FY23 Q3FY22 Q2FY2
Slide 24: Asset Quality
Asset Quality 23 Classification: Internal
Slide 25: Asset Quality Ratio
Asset Quality Ratio (Amount in INR crores) Particulars 31.12.2021 30.09.2022 31.12.2022 Gross NPA 45,760 42,014 38,885 Net NPA 10,708 8,836 7,646 Gross NPA (%) 10.46% 8.51% 7.66% Net NPA (%) 2.66% 1.92% 1.61% Provision Coverage Ratio (%) 86.86% 88.96% 90.27% Slippage Ratio (%) 0.47% 0.30% 0.27% 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 30.09.2022 31.12.2022 SMA Category % to Gross % to Gross Amount Amount Adv Adv SMA-2 1,094.62 0.22% 893.05 0.18% SMA-1 583.15 0.12% 1,051.75 0.21% SMA-0 36,100.80 7.31% 17,096.75 3
Slide 27: Resolution Framework (Standard Restructuring)
Resolution Framework (Standard Restructuring) (Amount in INR crores) Category Outstanding as on 31.12.2022 Total Provision % on Gross Resolution Resolution One Time Advances Framework 1.0 Framework 2.0 Restructuring Retail 407 4,746 - 5,153 515 MSME 1,061 2,554 1,320 4,935 428 2.49% Corporate & Othe
Slide 28: Movement of NPA
Movement of NPA (Amount in INR crores) Segment Q3FY22 Q2FY23 Q3FY23 Opening Balance (Gross NPA) 50,270 44,414 42,014 Add: - Fresh Slippage 1,760 1,037 818 - Debits in existing NPA accounts 85 257 399 Less: - Cash Recovery 1,309 1,340 1,647 - Upgradation 146 471 177 - Written Off 4,900 1883 2,522 Tot
Slide 29: Sectoral Standard Advances and Gross NPA
Asset Classification : Global Advances (Amount in INR crores) Sectoral As on 31.12.2021 As on 30.09.2022 As on 31.12.2022 O/s Share (%) O/s Share (%) O/s Share (%) Standard Advances 391,639 89.54% 451,800 91.49% 468,865 92.34% Gross NPA 45,760 10.46% 42,014 8.51% 38,885 7.66% - Sub-Standard 5,605 1.
Slide 30: Summary of NCLT Cases (As on 31.12.2022)
Summary of NCLT Cases (As on 31.12.2022) (Amount in INR crores) No of Particulars Total Book O/s Provision held Provision Accounts 2 RBI List -1 1,442.05 1,442.05 100% 9 RBI List -2 1,974.18 1,974.18 100% 66 Cases filed and admitted in NCLT by our Bank 4,740.86 4,389.66 93% 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 31.12.2021 30.09.2022 31.12.2022 Capital Adequacy - Basel III CET-1 Capital 40,649 42,342 43,503 Tier I Capital 42,001 43,694 46,355 Tier II Capital 9,433 6,962 6,769 Total Capital (CRAR) 51,433 50,656 53,124 Risk Weighted Assets 308,769 326,560 34
Slide 33: Shareholding Pattern (As on 31.12.2022)
Shareholding Pattern (As on 31.12.2022) Particulars Shareholding Promoter 4.87% 6.66% (Government of Pattern India) As on 31.12.2022 7.05% Government of Life Insurance 81.41% Corporation India Life Insurance Indian public 7.05% Corporation 81.41% Indian Public 4.87% Others Others 6.67% 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) 466 lakh Internet banking Users Debit Cards (in thousands) 8,072 8,166 base 8,377 8,287 6,933 8,180 31.12.2021 30.09.2022 31.12.2022 31.12.2021 30.09.2022 31.12.2022 UPI Users Mobile banking Users (in thousands) (in thousands) 7,141 7,588 14,136 14
Slide 36: BHIM BOI UPI QR
BHIM BOI UPI QR BHIM BOI UPI QR Code UPI QR Growth Month Mar-21 Mar-22 Jun-22 Sep-22 Dec-22 No. of UPI QR 164,490 353,824 409,807 491,263 531,828 Growth % -- 115% 16% 20% 8% 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 75,87,656 36 Classification: Internal DIGITAL BANKING
Slide 38: Financial Inclusion
Financial Inclusion PMJDY (Rs in crores) PMJJBY 11,713 48 11,316 40 39 25 15 16 10,169 31.12.2021 30.09.2022 31.12.2022 Target (%) Achievement (%) 31.12.2021 30.09.2022 31.12.2022 PMSBY APY per branch 111 53 54 48 84 40 66 34 53 60 30 40 31.12.2021 30.09.2022 31.12.2022 31.12.2021 30.09.2022 31.12.2
Slide 39: Initiatives and Going forward
Initiatives and Going forward Bank has launched “Supply Chain Finance solution customer portal” to increase business through Channel Financing. “Star Suvidha Express Personal Loan scheme (SSEPL)” launched exclusively for salaried class and pensioners drawing pension through our Bank. Bank has
Slide 40: Initiatives and Going forward
Initiatives and Going forward Bank is in under process of implementation of Co-lending through “Cred Avenue” and “Knight Fintech”. Bank has announced FY 22-23 to be the year of digitalization. Bank has launched “New Merchant app” incorporating latest digital payment features. Bank has inaugu
Slide 41: 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 has been recognized as “3rd best performing bank i
Slide 42: Awards & Accolades
Awards & Accolades Bank of India has secured “2nd position among all banks( Public and Private) under NPS Diwas Recognition Programme” conferred by PFRDA. Bank of India has won “Shine & Succeed” award from PFRDA for good performance in APY Campaign. Bank of India has secured 3rd rank under Dig
Slide 43: Environmental, Social & Governance (ESG) Practices
Environmental, Social & Governance ( ESG) Practices Environment Social Governance • Credit flow to the companies and individual engaged in • Bank is having RSETIs and Financial • Bank is having Board Approved Environment Friendly Sectors. Literacy Centres for imparting ESG policy in place. • Support
Slide 44: 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 45: Thank You!
THANK YOU! 44 Classification: Internal