Bank Of India · NSE:BANKINDIA
Bank Of India — Q3 FY2020-21 Earnings Presentation
37 slides from Bank Of India's earnings presentation, Feb 10, 2021
Slide 1: Cover letter to stock exchanges on Q3 results presentation
fe4kW #4$3. 141 INVESTOR RELATIONS RELATIONS CELLCELL 911-(ff V'Effff14 441v1 41 :: 444iivi41 HEAD OFFICE HEAD OFFICE :: 41-5,"*" rd0 Jam. ;Ift.-41 no! a4T, zit* xfitrt Sauk Sankof ofindin India EP Star House, Star House,C-S, C-5,"G" "G"Block, Block, 8-41- +Am, 8th Floor 8th Floor(East (EastWing), W
Slide 2: Performance Analysis Q3 FY 2020-21
Oisii110 0 • PERFORMANCE ANALYSIS Q3 FY 2020 - 21 aricF - 14101 Bank of India ND
Slide 3: Business Synopsis (Q-o-Q)
Business Synopsis (Q-o-Q) Business Mix Variation (%) Variation (%) (Deposits + Dec19 Mar 20 Sep 20 Dec 20 over over Advances) Mar 20(YTD) Dec19 Global Business 900,824 972,026 1015,400 1026,866 54,840 5.64 1,26,042 13.99 Mk Domestic 786,192 840,209 894,761 899,180 58,971 7.02 1,12,988 14.37 Foreign
Slide 4: Performance Highlights (Q-o-Q)
Performance Highlights(Q-o-Q) w oo""00. Global Deposits 6,07,529 6,11,879 Global ilobal Advances nsitip 6 4,07,871 4,14,987 5,22,138 3,78,686 Dec' 2019 Sep' 2020 Dec' 2020 1 Dec' 2019 Sep' 2020 Dec' 2020 Domestic & Overseas Deposits Domestic & Overseas Advances 5,32,095 5,36,171 3,62,666 3,63,009 4,
Slide 5: Performance Highlights (Q-o-Q)
Performance Highlights(Q-o-Q) Global Business Gross & Net NPA Ratio 10,15,400 10,26,866 16.30% 13.79% 13.25% 9,00,824 5.97% 2.89% 2.46% Dec' 2019 Sep' 2020 Dec' 2020 Dec' 2019 Sep' 2020 Dec' 2020 Profit After Tax Provision Coverage ratio 87.91 89.32 526 541 77.15 106 Dec' 2019 Sep' 2020 Dec' 2020 De
Slide 6: Performance Highlights (Q-o-Q)
Performance Highlights(Q-o-Q) Risk Weighted Assets CET-1/TIER-1 3,02,849 11.14% 11.17% 3.01 9.67% 9.67% 9.44% 9.44% 2,96,492 7 Dec' 2019 Sep' 2020 Dec' 2020 Dec' 2019 Sep' 2020 Dec' 2020 Capital Funds CRAR % 42,989 14.20% 37,945 12.80% 37 ; 12.51% Dec' 2019 Sep' 2020 Dec' 2020 Dec' 2019 Sep' 2020 De
Slide 7: Performance Highlights (Q-o-Q)
Performance Highlights(Q-o-Q) Bank Net Interest Incomeof India Net Interest Margin 3.45% 4,119 4,114 2.88% 3.07% 2.81% 2.66%2.58% 3,739 Dec' 2019 1.32% Sep' 2020 1.16% 1.10% Dec' 2020 Dec' 2019 Sep' 2020 Dec' 2020 Domestic Foreign Global Extra ordinary Income which have been reckoned in the earlier
Slide 8: Domestic Deposits - CASA
Domestic Deposits - CASA Dec 19 Dec 20 CA 6.26% CA 5.58% SA TD Others SA 36.43% TD Others 49.78% 35.03% 47.23% Bulk Bulk Deposits Deposits 7.53% 12.16% CASA :42.69 % CASA : 40.61% (Rs in Crore) Type of Y-O-Y Dec 19 Mar 20 Sep 20 Dec 20 deposits Growth(%) Current 28,110 26,046 24,380 29532 5.06 Accou
Slide 9: Key Sectors – Domestic
Key Sectors – Domestic % to Y-O-Y Y-T-D Domestic Industry Dec 19 Mar 20 Sep 20 Dec 20 Growth % Growth credit % Dec 20 Agriculture * 51,546 52,184 54,420 53,943 4.65 3.37 14.87 MSME 54,261 56,092 60,930 61,911 14.10 10.37 17.06 Retail 58,848 60,834 63,699 65,143 10.70 7.08 17.95 RAM 164,655 169,110 1
Slide 10: Retail Credit
Retail Credit % to Retail Y-O-Y Particulars Dec 19 Mar 20 Sep 20 Dec 20 Credit Growth % Sep 19 l Home 34,647 35,994 r rEMBEE 37,678 38706 11.72 59.42 Mortgage 6,662 6,693 6,745 6744 1.23 10.35 Auto 5,433 5,599 5,972 6428 18.31 9.87 Education 3,196 3,128 3,132 3039 -4.91 4.67 Personal 1,703 1,757 2,5
Slide 11: Domestic Credit – Industry-wise
Domestic Credit – Industry-wise Segment % Y-O-Y on Corporate Particulars Dec-19 Mar-20 Sep-20 Dec-20 Growth % Credit Dec 20 Infrastructure 51,764 54,447 56,935 57,899 11.85 15.95 Basic Metal & Metal products 14,072 13,571 13,348 13,539 -3.79 3.73 Textiles 8,300 8,421 8,685 8,052 -2.99 2.22 Gems & Je
Slide 12: Priority Sector Advances
Priority Sector Advances Y-O-Y % to Industry Dec 19 Mar 20 Sep 20 Dec 20 Growth% ANBC M=K1111=1 Agriculture Out of which, 51,930 26,479 52,918 26,476 57,163 29,340 MENIEN1 57,171 30,730 10.09 16.05 17.91 9.63 S&MF MSME 50,370 52,302 57,098 56,855 12.87 Out of which, 26,219 27,040 30,054 39,118 49.19
Slide 13: Advances - Infrastructure Sectors
Advances - Infrastructure Sectors Particulars Dec 19 Mar 20 Sep 20 Dec 20 Y-O-Y (%) Power liffiENEENNIENE 33,036 34,196 35,419 37,210 12.64 a) SEBs b) Others 13,023 20,013 13,917 20,279 15,362 20,058 111 18,691 18,519 43.52 -7.46 Roads and Ports 12,654 13,398 14,246 14,506 14.63 Telecom 489 492 478
Slide 14: Rating Profile
Rating Profile Bank of India 3% Unrated 11% 8% 8% 5% Below BBB 6% BBB 30% 21% Govt. Exposure al 54% 53% al A & above al Dec 19 Dec 20 ■A & Above ■ Govt Exposures BBB Below BBB ■ Unrated2 13
Slide 15: SMA-1 & 2 Accounts
SMA - 1 & 2 ACCOUNTS REPORTED TO RBI-CRILC (Central Bank Repository of India of Information on Large Credits) EXPOSURE OF filp f Cations RS.beyond- 5 Crore and above banking VERTICAL No. of Borrowers FB+NFB O/S Dec 19 No. of Borrowers I A Sep 20 FB+NFB O/S No. of Borrowers FB+NFB O/S Dec 20 SMA-1 11
Slide 16: Sector breakup of Standard Restructured Advances
Sector breakup of Standard Restructured Advances 31.12.2020 DEC-19 DEC-20 INFRA Sector INFRA-POWER ANO. OF ACCOUNT 15 11 AMOUNT 1849 1654 NO. OF ACCOUNT 13 9 AMOUNT 1484 1278 INFRA-TELECOM 0 0 0 0 INFRA-ROADS & PORTS 3 117 3 116 INFRA-OTHERS 1 77 1 90 AVIATION 1 1552 1 1679 TEXTILES 17 54 27 77 i.AM
Slide 17: NCLT Accounts as on 31.12.2020
NCLT ACCOUNTS as on 31.12.2020 ST Bank of India 39403.66 28929.77 ■ 2127.62 2112.36 6233.91 NCLT 1 List NCLT 2 List Account Accounts Total filed by BOI filed by at NCLT other banks at NCLT Gross Exposure in INR crore 16
Slide 18: Asset Quality – Sequential
Asset Quality – Sequential Item Dec 19 Mar 20 Sep 20 Dec 20 Gross NPA 61,730 r ri 61,550 56,232 54997 Gross NPA % 16.30 14.78 13.79 13.25 Net NPA 20,113 14,320 10,444 9077 Net NPA % 5.97 3.88 2.89 2.46 Provision Coverage 77.15 83.74 87.91 89.32 Ratio (%) 17
Slide 19: Movement of NPA
Movement of NPA Item Dec 19 Mar 20 Sep 20 Dec 20 Opening Balance 61,476 61,730 57,788 56232 Less : Recovery 3,212 1,279 1,172 1495 Upgradation 447 27 247 166 Write Off 2,803 1,638 411 70 Total reduction 6,462 2,944 1,830 1731 Slippages 6,716 2,764 274 496 Closing Balance 61,730 61,550 56,232 54997 1
Slide 20: Breakup of Gross NPA
Breakup of Gross NPA % to Particulars Dec 19 Mar 20 Sep 20 Dec 20 Domestic Credit Dec 19 Dec 20 Large Corporate 32,793 F r 31,799 r 27,964 27353 18.72 14.60 MSME 8,993 8,889 8,297 8150 17.67 14.11 AGRICULTURE 8,730 9,044 8,666 8365 18.09 15.71 RETAIL 1,769 1,806 1,615 1485 3.04 2.30 TOTAL (Domestic)
Slide 21: Investments (Domestic)
Investments (Domestic) Dec 19 Dec 20 Particulars AFS HTM HFT AFS HTM HFT SLR Investments 32,819 83,688 41 40718 90123 55 Of Which: Government 32,819 83,688 41 40718 90123 55 Securities Other Approved 0 0 0 0 0 0 Securities M Duration 2.09 -- 5.36 1.24 -- 9.05 Non SLR 14,606 23,645 2 13191 29441 157
Slide 22: Net Interest Income – (Quarter ended)
Net Interest Income – (Quarter ended ) Quarter ended YoY Variation Particulars (Qtr.) Dec 19 Mar 20 Sep 20 Dec 20 % Interest Income 10,835 10,528 10,796 10243 -5.46 a. From Advances 7,331 ' '°11 !FITIIII7,207 I I.c-9 7,289 6941 -5.32 b. From Investments o 2,714 iddirrY 2,770 2,904 2926 7.81 qi11 111
Slide 23: Other Income – (Quarter ended)
Other Income – (Quarter ended) Quarter ended Particulars Dec 19 Mar 20 Sep 20 Dec 20 Commission, Exchange & Brokerage 317 326 277 291 Profit from Sale of Investments 57 243 523 820 Profit from Exchange Transactions 386 418 417 425 Recovery In W/o accounts 1,337 252 108 132 Other Non Interest Income
Slide 24: Provisions
Provisions Particulars Dec 19 Mar 20 Sep 20 Dec 20 Operating Profit 4135 2,653 3098 2836 Provisions for .111111111111111111011111111111111 B&D 3774 7,316 2134 623 Standard Assets 89 632 (53) 1066* NPV / Others 88 87 (21) 76 Depreciation on 64 107 252 215 Investment Total Provisions before Tax Ail 40
Slide 25: Cost of Deposits & Yield on Advance (Q-o-Q)
Cost of Deposits & Yield on Advance (Q-o-Q) Cost Of Deposits Yield On Advance 8.91 8.01 7.67 4.58 4.17 4.03 I Dec-19 Sep-20 Dec-20 24
Slide 26: Key Financial Ratios
Key Financial Ratios Dec 19 Dec 20 Particulars Domestic Foreign Global Domestic Foreign Global Cost of Deposits 5.08 1.63 4.58 4.48 0.69 4.03 ) 11111/11111 "111117, Yield on Advances 9.67 3.77 8.91 8.33 2.06 7.67 .11 Yield on Investments 7.27 6.12 7.23 6.38 6.62 6.39 Net Interest Margin (NIM) 3.45 1
Slide 27: Capital Adequacy – Basel-III
Capital Adequacy – Basel-III Particulars Dec 19 Mar 20 Sep 20 Dec 20 Capital Adequacy - Basel III CET1 Capital r -r Fr 33732 29,059 28,666 J 28,459 Tier I Capital 33822 29,119 28,666 28,459 Tier II Capital 9167 9,419 9,279 9,245 Total Capital(CRAR) 42989 38,538 37,945 37,704 Total Assets 630,044 6,5
Slide 28: Branch Network
Branch Network Overse as Particulars Dec 19 Sep 20 Dec 20 23 Rural 1831 1828 1827 Metro 991 Rural Semi-urban 1454 1454 1454 1827 Urban 811 810 811 Urban 811 Metro 993 991 991 Semi Domestic 5089 5083 5083 Urban Branches 1454 Overseas 24 23 23 Branches Total 5113 5106 5106 27
Slide 29: Alternate Delivery Channel
Alternate Delivery Channel BOI Internet Banking Users (in Thousands) UPI Users (in Thousands) 7,421 8,692 8,129 7,163 5,477 6,371 Q3 FY20 Q2 FY21 Q3 FY21 Q3 FY20 Q2 FY21 Q3 FY21 Mobile Banking Users (in ATM Network 3729 Thousands) 3,418 5,750 5,711 5,690 2,284 Q3 FY20 Q2 FY21 Q3 FY21 Q3 FY20 Q2 FY21
Slide 30: Domestic Subsidiaries
Domestic Subsidiaries 9M HY 9M Y - O -Y 9M HY 9M Y - O -Y DEC19 SEP20 DEC20 Growth DEC19 SEP20 DEC20 Growth (Amt Crore) (Amt crore) BOI Shareholding Ltd BOI Merchant Banker Ltd - Revenue 9.73 4.50 5.33 -30.25% 0.88 0.91 1.15 65.57% - Net Profit 4.47 1.46 1.09 -54.44% 0.15 0.42 0.39 270.28% - Net Wor
Slide 31: International Subsidiaries
International Subsidiaries BOI BOI Tanzania Ltd BOI Uganda Ltd INR Crores DEC'19 Mar'20 DEC '20 YOY Growth DEC'19 Mar'20 DEC'20 YOY Growth Deposits 340 376 410 21 482 468 535 11 Advances 223 247 242 9 328 347 366 11 Operating Profit 9 12 9 1 12 18 15 29 Net Profit 5 7 6 7 9 11 9 -3 NPA Gross 14 20 1
Slide 32: Shareholding Pattern - 31.12.2020
Shareholding Pattern - 31.12.2020 BOI BANK OF INDIA - EQUITY As on 31.12.2020 Bodies Financial 75dividuals / Corporate, Institutions/ 0.31 Others, 4.75 Banks, 0.38 % to Insurance Central Govt./ Category Shares Capital Companies, others, 0.13 State Govt. 4.54 Promoter(Government of India) 2919690866
Slide 33: COVID-19 Response so far
COVID-19 Response so far Employees Operation Dedicated work force to ensure opening of Banks Operations were intact during maximum branches and work from Home lockdown: were Alternate Delivery Channel were fully Exercised wherever feasible operational Staff in isolation is exempted from Physically N
Slide 34: Initiatives
Initiatives BOI End to end digitization of Retail, Agri and MSME loan processing is in process. Digital Document Execution rolled out, with Retail Loan processing made automatic by e-signing and e-stamping. Additional specialized credit processing centres for Retail, MSME and Agriculture advan
Slide 35: Awards & Recognition
Awards & Recognition BOI Second Most Trusted Brand Award in the category of Banks, both by the Reader’s Digest as well as the Economic Times for 2020. Best Performing Public Sector Bank in APY campaign Leadership Capital 2.0 (Jan-2020) for MD &CEO. Best Performing Public Sector Bank in APY For
Slide 36: Vision, strategy and future outlook
Vision ,strategy and future outlook sot Guidance for Mar 2021 n' *Deposits Growth 8% *Credit Growth Growth 7% 7% I *Credit *Gross NPA *Gross *NetNPA *Net NPA 12% 12% NPA << 2% 2% Continue to Expand the Bank’s retail, agriculture and MSME rinvItheiroci +in rizrietriel +lit" Deirtiele verFrvil lending
Slide 37: f.zr7441!q__
BOI f.zr7441!q__ 36