Bank Of India · NSE:BANKINDIA
Bank Of India — Q1 FY2021-22 Earnings Presentation
56 slides from Bank Of India's earnings presentation, Aug 3, 2021
Slide 1: Investor presentation covering letter to exchanges
kI+ #411" INVESTOR RELATIONS CELL SINTff 4-.1.14Nti : •Afro, $t?,171 M401 HEAD OFFICE : Star House, C-5, "G" Block, 841 Sank of Nadia WM 8th Floor (East Wing), Atu iii (Vb Bandra- Kurla Complex, 1,4 -400 051 Bandra (East), : (022)- 6668 4490 Mumbai — 400 051 (022)- 6668 4491 headoffice.shareidbankof
Slide 2: Performance Analysis Q1 FY2021-22
Refationship beyond banking PERFORMANCE ANALYSIS Q1 FY2021-22 1
Slide 3: Performance Highlights
Bank of India t3 Performance Highlights Rftationship beyond banking Total 2.71% Business YOY CASA 13.80% RAM + Govt. 11.02% YOY Advances YOY c 1.30% 0.40% CRAR% 2.31% PCR% Gross YOY YOY YOY NPA% 2
Slide 4: Table of contents
Bank of India 61 - Table of contents Vationship beyond banking 01 Resilience during Covid-19 (4-14) 02 Business Performance (15-30) 03 Financial Performance (31-37) 04 Asset Quality and Capital (38-47) 05 Digital and New Initiatives (48-54) 3
Slide 5: Resilience During Covid-19
Bank of India 61 - Vationship beyond banking Resilience During Covid - 19 2m 4
Slide 6: Business Mix
Business Mix Bank of India 61 - Vationship beyond banking 1 (INR crores) 10,60,000 10,40,000 10,20,000 10,00,000 9,80,000 10,37,549 10,38,083 10,26,866 10,15,400 10,10,675 9,60,000 9,72,026 9,40,000 9,20,000 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 RESILIENCE DURING COVID - 19 5
Slide 7: Operating Profit
Operating Profit Bank of India 61 - Vationship beyond banking (INR crores) 3,500.00 3,000.00 2,500.00 2,000.00 1,500.00 3,098 2,845 2,836 2,806 2,653 1,000.00 2,094 500.00 0.00 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 RESILIENCE DURING COVID - 19 6
Slide 8: Profit After Tax
Bank of India 61 - Profit After Tax Vationship beyond banking (INR crores) 2,000.00 1,000.00 844 720 526 541 250 0.00 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 -1,000.00 -3,571 -2,000.00 -3,000.00 -4,000.00 RESILIENCE DURING COVID - 19 7
Slide 9: CASA% on Domestic Deposits
CASA% on Domestic Deposits Bank of India 61 - Vationship beyond banking 1 44.00 43.00 42.00 41.00 40.00 43.22 41.50 41.27 39.00 40.60 40.61 39.49 38.00 37.00 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 RESILIENCE DURING COVID - 19 8
Slide 10: RAM + Govt. Advances
RAM + Govt. Advances Bank of India 61 - Vationship beyond banking RAM + Govt. Advances to Domestic Advances (%) 66.00% 64.00% 62.00% 60.00% 64.68% 58.00% 64.19% 62.99% 61.80% 56.00% 59.22% 57.18% 54.00% 52.00% Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 1 9 RESILIENCE DURING COVID - 19
Slide 11: Asset Quality
Asset Quality Bank of India 61 - Vationship beyond banking 16.00% 14.78% 13.91% 13.79% 13.77% 14.00% 13.25% 13.51% 12.00% 10.00% 8.00% 6.00% 3.88% 4.00% 3.58% 3.35% 3.35% 2.89% 2.46% 2.00% 0.00% Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 ASSET QUALITY GNPA ASSET QUALITY NNPA RESILIENCE DURING COVID -
Slide 12: Provision Coverage Ratio (PCR%)
Bank of India 61 - Provision Coverage Ratio (PCR%) Vationship beyond banking 1 90.00% 89.00% 88.00% 87.00% 86.00% 85.00% 89.32% 84.00% 87.91% 83.00% 86.24% 86.17% 84.87% 82.00% 83.74% 81.00% 80.00% Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 RESILIENCE DURING COVID - 19 11
Slide 13: Slippage Ratio & Credit Cost
Slippage Ratio & Credit Cost Bank of India 61 - Vationship beyond banking 9.00 8.30 8.00 7.00 6.00 5.00 4.00 3.36 3.00 2.33 2.05 2.00 1.09 0.95 0.87 0.83 1.00 0.68 0.11 0.08 0.14 0.00 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 • SLIPPAGE • CREDIT COST 1 RESILIENCE DURING COVID - 19 12
Slide 14: Capital to Risk Asset Ratio (CRAR%)
Capital to Risk Asset Ratio (CRAR%) Bank of India 61 - Vationship beyond banking 1 16 14 12 10 8 14.93 15.07 13.1 12.76 12.8 6 12.51 4 2 0 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 13 RESILIENCE DURING COVID - 19
Slide 15: Return on Assets (%)
Return on Assets (%) Bank of India 61 - Vationship beyond banking 1 0.50 0.45 0.40 0.35 0.30 0.25 0.46 0.20 0.37 0.15 0.28 0.28 0.10 0.13 0.05 0.00 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 14 RESILIENCE DURING COVID - 19
Slide 16: Business Performance
Bank of India f3 Rpfationship beyond banking Business Performance 15
Slide 17: Global Business
Bank of India 61 - Global Business Vationship beyond banking 1 (INR crores) 10,45,000 10,40,000 10,35,000 10,30,000 10,25,000 10,20,000 10,37,549 10,38,083 10,15,000 10,10,000 10,05,000 10,10,675 10,00,000 9,95,000 Q1FY21 Q4FY21 Q1FY22 BUSINESS PERFORMANCE 16
Slide 18: Global Deposits & Global Advances
Bank of India 61 - Global Deposits & Global Advances Vationship beyond banking (INR crores) Global Deposits Global Gross Advances 6,40,000 4,16,000 4,15,000 6,30,000 4,14,000 6,20,000 4,13,000 6,10,000 4,12,000 4,15,440 6,00,000 4,11,000 6,27,114 4,14,697 6,23,385 4,10,000 5,90,000 4,09,000 5,95,235
Slide 19: Deposits & Advances: Domestic & Overseas
Bank of India t3 Deposits & Advances: Domestic & Overseas Rftationship beyond banking (INR crores) Domestic & Overseas Deposits Domestic & Overseas Advances 6,00,000 4,00,000 5,51,135 5,52,303 3,59,715 3,62,361 3,65,653 5,17,577 3,50,000 5,00,000 3,00,000 4,00,000 2,50,000 3,00,000 2,00,000 1,50,000
Slide 20: Composition of Gross Advances (Domestic)
Bank of India t3 Composition of Gross Advances (Domestic) Rftationship beyond banking Q1FY21 Q4FY21 Q1FY22 12% 17% 13% 19% 13% 19% 16% 17% 36% 17% 41% 35% 14% 15% 16% Retail MSME Retail ■ MSME Retail MSME Agriculture Corporate & Others Agriculture Corporate & Others Agriculture ■ Corporate & Others
Slide 21: Domestic Deposit - CASA
Bank of India t3 Domestic Deposit - CASA q?ftationship beyond banking Q1FY21 5.50% Q4FY21 Q1FY22 6.53% 5.17% 46.94% 35.11% 49.51% 36.10% 49.77% 36.69% 12.46% 7.01% ■ CA SA TD- Bulk Deposits TD- Others 9.21% CA SA TD- Bulk Deposits TD- Others ■CA SA TD- Bulk Deposits ■ TD- Others Particulars Q1FY21 P
Slide 22: Domestic Credit – Industry Wise
Bank of India 61 - Domestic Credit – Industry Wise Vationship beyond banking (INR crores) Y-O-Y % to Domestic Particulars Jun-20 Mar-21 Jun-21 Growth % Advances Infrastructure 55,222 58,690 58,868 6.60 16.04 Basic Metal & Metal products 13,838 14,393 12,664 -8.49 3.45 Textiles 8,402 7,895 7,766 -7.5
Slide 23: Advances – Infrastructure Sectors
Bank of India 61 - Advances – Infrastructure Sectors Vationship beyond banking 1 Particulars Jun-20 Mar-21 Jun-21 Y-O-Y ( % ) Power 34,695 38,711 39,070 12.61 a) SEBs 14,720 18,770 20,031 36.08 b) Others 19,975 19,941 19,039 (4.69) Roads and Ports 13,717 13,988 14,290 4.18 Telecom 482 487 461 (4.26)
Slide 24: Movement of RAM & Govt. Advances Portfolio
Bank of India t3 Movement of RAM & Govt. Advances Portfolio Rftationship beyond banking (INR crores) Growth in RAM & Govt. Advances 2,40,000.00 2,35,000.00 2,30,000.00 2,25,000.00 2,20,000.00 2,36,499 2,32,593 2,15,000.00 2,10,000.00 2,13,025 2,05,000.00 2,00,000.00 Q1FY21 Q4FY21 Q1FY22 BUSINESS PER
Slide 25: Retail Loans Portfolio
Bank of India 61 - Retail Loans Portfolio Vationship beyond banking Composition of Retail Advances (%) Composition of Retail Advances (%) As on 30.06.2020 As on 30.06.2021 12.22% 13.00% 3.55% 3.76% 10.79% 10.11% 4.09% 58.91% 5.07% 59.19% 9.19% 10.13% Home loans Vehicle loans Education loans Home loa
Slide 26: Corporate Rating
Bank of India t3 Corporate Rating q?ftationship beyond banking 120% 100% 80% 55% 57% ■ A & above ■ BBB 60% ■ Below BB ■ Unrated 5% 3% ■ Govt. Exposure 40% 7% 7% 2% 7% 20% 31% 26% 0% Jan-20 Q1 FY21 Jan-21 Q1 FY22 BUSINESS PERFORMANCE 25
Slide 27: Domestic Investments
Bank of India t3 Domestic Investments Rftationship beyond banking (INR crores) Jun-20 Jun-21 Particulars AFS HTM HFT AFS HTM HFT SLR Investments 43,309 76,162 64 44,600 96,307 (132) Of Which: Government 43,309 76,162 64 44,600 96,307 (132) Securities Other Approved 0 0 0 0 0 0 Securities M Duration
Slide 28: Interest Income & Interest Expenses
Bank of India t3 Interest Income & Interest Expenses q?ftationship beyond banking • (INR crores) Interest Income Interest Expenses 10,400 6,800 10,200 6,700 10,000 6,600 6,500 9,800 6,400 9,600 6,300 10,234 6,753 9,400 6,200 9,200 6,100 6,391 9,000 9,327 9,321 6,000 6,177 ■ 8,800 5,900 8,600 5,800 Q
Slide 29: Net Interest Income and NIM%
Bank of India 61 - Net Interest Income and NIM% Vationship beyond banking = 1 (INR crores) Net Interest Income Net Interest Margin (%) 3,600.00 3.00 2.73 3,500.00 Net Interest Margin (%) 2.50 3,400.00 2.48 2.35 2.16 3,300.00 2.00 2.16 2.01 3,200.00 1.50 3,100.00 1.10 1.10 3,481 1.01 3,000.00 1.00 2,
Slide 30: Other Income & Cost to Income Ratio (CIR)
Bank of India t3 Other Income & Cost to Income Ratio (CIR) Rftationship beyond banking (INR crores) Other Income Cost To Income Ratio (CIR)(%) 2500 70.00 60.00 2000 50.00 1500 40.00 2,376 30.00 1000 2,053 58.02 1,707 49.18 45.18 20.00 500 10.00 0 0.00 Q1FY21 Q4FY21 Q1FY22 Q1FY21 Q4FY21 Q1FY22 BUSINE
Slide 31: Operating Profit & Profit After Tax
Bank of India 61 - Operating Profit & Profit After Tax Vationship beyond banking • = (INR crores) Operating Profit Profit After Tax 3,000.00 900.00 800.00 2,500.00 700.00 2,000.00 600.00 500.00 1,500.00 2,845 2,806 844 400.00 720 1,000.00 2,094 300.00 200.00 500.00 250 100.00 0.00 0.00 Q1FY21 Q4FY21
Slide 32: Financial Performance
Bank of India 61 - Vationship beyond banking Financial Performance 31
Slide 33: Interest Income
Bank of India 61 - Interest Income Vationship beyond banking = (INR crores) Quarter ended Variation Particulars (YoY) Q1FY 21 Q4FY 21 Q1FY22 % Interest Income 10,234 9,327 9,321 -8.92 a. From Advances 6,992 6,184 6,018 -13.93 b. From Investments 2,803 2,915 2,860 2.03 c. From Money Market 439 228 44
Slide 34: Non-Interest Income
Bank of India 61 - Non-Interest Income Vationship beyond banking (INR crores) Quarter ended Variation Particulars (YoY) Q1FY 21 Q4FY 21 Q1FY22 % Commission, Exchange & 222 316 239 7.65 Brokerage Profit from Sale of 914 290 936 2.40 Investments Profit from Exchange 333 712 754 126.42 Transactions Rec
Slide 35: Provisions
Bank of India 61 - Provisions Vationship beyond banking (INR crores) Particulars Q1FY21 Q4FY21 Q1FY22 Operating Profit 2,844 2,094 2,806 Provisions for - Bad & Doubtful 767 3,089 873 - Standard Assets 759 (1,674) 898 - Others 2 0 0 - Depreciation on Investment (16) 416 (62) Total Provisions before T
Slide 36: Key Financial Ratios
Bank of India t3 Key Financial Ratios Rftationship beyond banking Particulars Q1FY21 Q4FY21 Q1FY22 Cost of Deposits (%) 4.32 3.90 3.79 7.55 6.70 6.67 Yield on Advances (%) 4.04 3.55 3.42 Cost of Funds (%) Yield on Funds (%) 6.12 5.18 5.16 2.48 2.01 2.16 Net Interest Margin (NIM) (%) 45.18 58.02 49.1
Slide 37: Key Financial Ratios
Bank of India t3 Key Financial Ratios q?ftationship beyond banking Particulars Q1FY21 Q4FY21 Q1FY22 Return on Assets (%) 0.46 0.13 0.37 Return on Equity (%) 15.53 3.97 10.34 Credit Cost (Annualised) (%) 0.83 3.36 0.95 84.87 86.24 86.17 Provision Coverage Ratio (%) Slippage Ratio (%) 0.11 2.05 1.09 G
Slide 38: Efficiency Ratios
Bank of India t3 Efficiency Ratios Rftationship beyond banking Cost Of Deposits (%) Cost of Funds (%) Yields On Advances (%) Yields on Funds (%) 8.00 7.55 7.00 6.70 6.12 7.00 6.67 6.00 5.18 5.16 6.00 5.00 5.00 4.04 4.32 4.00 3.55 3.90 3.79 3.42 4.00 3.00 3.00 2.00 2.00 1.00 1.00 0.00 0.00 Q1FY21 Q4F
Slide 39: Asset Quality & Capital
Bank of India f3 Rpfationship beyond banking Asset Quality & Capital 38
Slide 40: Asset Quality
Bank of India 61 - Asset Quality Vationship beyond banking Item Jun-20 Mar-21 Jun-21 Gross NPA (INR crores) 57,788 56,535 56042 Net NPA (INR crores) 13,275 12,262 12424 Gross NPA (%) 13.91% 13.77% 13.51% Net NPA (%) 3.58% 3.35% 3.35% Provision Coverage Ratio (%) 84.87% 86.24% 86.17 Slippage Ratio (%
Slide 41: Slippages
Bank of India 61 - Slippages Vationship beyond banking 1 (INR crores) Segment Q4FY21 Q1FY22 - Retail 969.87 641.82 - Agriculture 1,952.16 991.36 - MSME 1,986.67 1,614.63 - Corporate & Others 2,032.72 409.38 Domestic (Total) 6,941.24 3,657.19 Overseas (Total) 426.58 284.47 Grand Total 7,368.00 3,941.
Slide 42: Breakup of Gross NPA
Bank of India 61 - Breakup of Gross NPA Vationship beyond banking (INR crores) % of Gross NPA Item Jun-20 Mar-21 Jun-21 Jun-20 Jun-21 Large Corporate 28,367 25,787 23,411 49.09% 41.77% MSME 8,814 10,550 11,408 15.25% 20.36% AGRICULTURE 8,925 85,01 9,013 15.45% 16.08% RETAIL 1,746 21,63 2,616 3.02% 4
Slide 43: Special Mention Accounts (SMA)
Bank of India t3 Special Mention Accounts (SMA) q?ftationship beyond banking (INR crores) SMA position (Rs 5.00 crores and above) Vertical Q4FY21 Q1FY22 SMA-2 4,207 4,879 SMA-1 2,742 2,709 SMA-0 7,345 3,320 Total (SMA-0, SMA-1 & SMA-2) 14,294 10,908 SMA Portfolio on Gross Advances (%) 3.48% 2.63% AS
Slide 44: Restructured under Resolution Framework
Bank of India t3 Restructured under Resolution Framework q?ftationship beyond banking (INR crores) Resolution Framework 1.0 Implemented Resolution Framework 2.0 Implemented Category (As on 30.06.2021) Category (As on 30.06.2021) Corporate 2,764.49 Corporate 0.00 MSME 2,464.44 MSME 2,173.06 Retail 70
Slide 45: Movement of NPA
Bank of India 61 - Movement of NPA Vationship beyond banking (INR crores) Segment Jun-20 Mar-21 Jun-21 Opening Balance 61,550 54,997 56,535 Add: Slippages 402 7,368 3,942 Less : - Recovery 546 975 851 - Upgradation 113 109 2,057 - Written Off 3,505 4,746 1,527 Total Reduction 4,164 5,830 4,435 Closi
Slide 46: Summary of NCLT Cases (As on 30.06.2021)
Bank of India 61 - Summary of NCLT Cases (As on 30.06.2021) Vationship beyond banking (INR crores) No of Particulars Total book Provision %-Provision accounts o/s held 4 RBI List -1 2,132 2,132 100% 10 RBI List -2 2,097 2,097 100% 67 Cases filed and admitted in NCLT by our Bank 3,283 2,968 90% 10 Ca
Slide 47: Capital Adequacy
Capital Adequacy Bank of India 61 - Vationship beyond banking (INR crores) Particulars Jun20 Mar21 Jun21 Capital Adequacy - Basel III CET1 Capital 28,827 34,690 34,565 Tier I Capital 28,887 36,042 35,917 Tier II Capital 9,980 8,949 9,286 Total Capital(CRAR) 38,867 44,990 45,203 Total Assets 681,342
Slide 48: Shareholding Pattern, As on 30.06.2021
Bank of India 61 - Shareholding Pattern, As on 30.06.2021 Vationship beyond banking Particulars Shareholding Pattern As on 30.06.2021 As on 30.06.2021 Percentage of Holding (%) Government of India 90.34% • Government of India Life Insurance Corporation 3.85% 90.34% Life Insurance Corporation Indian
Slide 49: Digital & New Initiatives
Bank of India t3 q?ftationship beyond banking Digital & New Initiatives 48
Slide 50: Alternate Delivery Channel
Bank of India 61 - Alternate Delivery Channel Vationship beyond banking Internet Banking Users (in Thousand) Mobile Banking Users (in Thousand) 7800 5000 7600 4500 7400 4000 3500 7200 3000 7000 2500 6800 7,598 4,338 7,421 2000 3,729 6600 1500 2,987 6400 1000 6,570 6200 500 6000 0 Q1FY21 Q4FY21 Q1FY2
Slide 51: Alternate Delivery Channel
Bank of India 61 - Alternate Delivery Channel Vationship beyond banking UPI Users (in Thousand) ATM Network 12000 5800 5750 10000 5700 8000 5650 6000 9,979 5600 5,750 8,692 5,690 4000 6,751 5550 2000 5500 5,551 0 5450 Q1FY21 Q4FY21 Q1FY22 Q1FY21 Q4FY21 Q1FY22 1 50 DIGITAL & NEW INITIATIVE
Slide 52: Initiatives
Initiatives Bank of India t3 q?ftationship beyond banking • Initiated automated marking of NPA through systems on daily basis • Rupay Select Debit Card, which is a Contactless card with a host of premium features launched. • E-PLATFORM solution being implemented for Straight Through Origination and
Slide 53: Covid-19 Response
Covid- 19 Response Bank of India 4:3 W,gatiortsfiip beyond banking Employees Operations o Staggered working hours and work from Home o Banks Operations were intact during lockdown: were exercised wherever feasible o COVID Task Force team formed at all o Alternate Delivery Channel were fully operatio
Slide 54: Awards & Recognition
Awards & Recognition Bank of India 61 - Vationship beyond banking Bank of India, received ‘HR Leadership Award 2021 by World HRD Congress SKOCH AWARD 2021, SILVER in Excellence in Technology Category for “Document Management System”. Bank has won “APY Annual Award (2020-21)” for overall perfor
Slide 55: Vision, Strategy & Future Outlook
Vision, Strategy & Future Outlook Bank of India t3 q?ftationship beyond banking Expand the Bank’s Retail, Agriculture and MSME (RAM) lending profile by leveraging its existing customer base VISION Continue to contain funding cost by sourcing low cost deposits such as CASA ,444( Focus on improving as
Slide 56: Thank You!
Bank of India 61 - Vationship beyond banking THANK YOU! 55