Indian Bank · NSE:INDIANB
Indian Bank — Q2 FY2023 Earnings Presentation
51 slides from Indian Bank's earnings presentation, Nov 3, 2022
Slide 1: Exchange covering letter for results presentation
ø ĺčŖēĸ Ă ø ĭĒĭŊ ĕĒ 254-260, æʫ ĹĜǺ IJ ú đ सालै, ēĭĒčĸ ǥĭ, ý ĸ ɄĹ– 600 014 िनवे शक से वाएँ ø Ɨ Corporate Office INVESTOR SERVICES CELL 254-260, Avvai Shanmugam Salai, वे बसाइट / website: www.indianbank.in Royapettah, Chennai - 600 014 ई-मेल / e-mail: ibinvestorrelations@indianbank.co.in दरू भाष/Phone
Slide 2: Performance Analysis Q2 / H1 FY23
Your own Bank, Always with You An account that’s always at your service IB Premium Current Save for your future aspirations IB Term Deposits Teach them the ABC of savings from today IB Smart Kid Performance Analysis Account Q2 / H1 FY23 It is time to tick off your Get the keys to unlock academic goa
Slide 3: Contents
Contents 1 Performance Highlights 2 Business Snapshot 3 Financials 4 Capital & Risk Management 5 Asset Quality 6 Financial Inclusion 7 Digital Banking & Business Network 8 Initiatives, Awards & Accolades 2/50
Slide 4: Performance Highlights Q2 FY 23
01 Performance Highlights Q2 FY 23 3/50
Slide 5: Performance Highlights Q2 FY 23 (YoY)
Performance Highlights Q2 FY 23( YoY) Business Deposits Advances CASA CD Ratio Business ₹ 10.27 lakh Cr ₹ 5.89 lakh Cr ₹ 4.38 lakh Cr 7% 74.37% 10% 7% 14% SB:7% CA: 9% RAM Retail Agriculture MSME Corporate Credit ₹ 83655 Cr ₹ 95214 Cr ₹ 76387 Cr ₹ 1.56 lakh Cr ₹ 2.55 lakh Cr 14.% 15% 9% 6% 13% Home
Slide 6: Business Snapshot
ne Tae ka Amrit Mahotsav Business Snapshot
Slide 7: Business Snapshot
Business Snapshot ₹ in Cr DOMESTIC DEPOSITS Sl No Parameter 30.09.2021 30.06.2022 30.09.2022 Q-o-Q (%) YoY (%) 1 Deposits 551472 584251 588860 1 7 Term Deposits Savings Bank Current account Domestic 542555 574119 577455 1 6 Total 542555 574119 577455 Overseas 8917 10132 11405 13 28 31606 32305 29847
Slide 8: Advances (Domestic)
Advances (Domestic) ₹ in Cr Retail 30.09.2021 30.06.2022 30.09.2022 YoY (%) Sector 30.09.2021 30.06.2022 30.09.2022 YoY (%) Home Loan (Incl.Mortgage loans) 49611 53438 55309 11% Gross Advances-Domestic 374508 399360 411498 10 Auto Loan 3616 4323 4625 28% Retail 73376 80667 83655 14 Personal Loan 464
Slide 9: Performance under Priority Sector
Performance under Priority Sector 30.09.2022 ₹ in Cr Mandatory Achievement (Amt) Achievement Segment Target (Excluding PSLC) (Excluding PSLC) Priority Sector 131140 158187 48.25% Agriculture 59013 67156 20.48% Small /Marginal Farmers 31146 38150 11.64% Weaker Section 37703 56053 17.10% Micro under M
Slide 10: Sector Deployment – Domestic Advances
Sector Deployment – Domestic Advances ₹ in Cr % share to % share % share Sector 30.09.2021 Gross 30.06.2022 to Gross 30.09.2022 to Gross Advances Advances Advances Infrastructure 59558 16 58204 14 57009 14 Of which Power 18413 5 18557 5 18629 5 Port and Road Project 9122 2 8980 2 9064 2 Other infras
Slide 11: Rating wise – Domestic Credit
Rating wise – Domestic Credit ₹ in Cr 30.09.2021 30.06.2022 30.09.2022 External Rating • More than ₹10 Cr Exposure % to Total Exposure % to Total Exposure % to Total Rated Exposure • For CRE > ₹5 Cr AAA 29702 14% 40262 17% 40905 17% AA 53018 24% 64109 28% 68005 28% A 57689 27% 60455 26% 60231 25% BB
Slide 12: Standard NBFC Advances
Standard NBFC Advances ₹ in Cr Standard NBFC 30.09.2021 % 30.06.2022 % 30.09.2022 % NBFC - PSUs 4561 11% 5445 11% 6190 11% NBFC - HFCs 16943 40% 21651 42% 22850 39% NBFC - MFIs 1835 4% 2168 4% 2116 4% NBFC - Others 19247 45% 22465 43% 27066 46% Total 42586 100% 51729 100% 58222 100% 99% is rated A a
Slide 13: Investments - Domestic
Investments - Domestic AFS Book (YoY) ₹ in Cr Sep' 21 Details 30.09.2021 30.06.2022 30.09.2022 YoY (%) 12% SLR Investments 144836 146638 147112 1.57 1% 6% Of which Central Government Securities 78407 89357 93280 18.97 18% 63% State Government Securities 43815 47780 48361 10.38 Treasury Bills 22610 9
Slide 14: Non SLR Investments
Non SLR Investments ₹ in Cr Details Sep-21 Jun-22 Sep-22 PSU Bonds 1373 1308 1338 Corporate and Other Bonds 10912 10732 11662 Special Govt.Sec.(Excluding Recap Bonds) 1861 1793 1793 CG Recap.Bond 17927 17927 17927 Share of PSU/Corporate/Others 2495 2352 2233 Venture Capital Fund 131 192 206 Regional
Slide 15: Financials
03 Financials 14/50
Slide 16: Operating Profit and Net Profit
Operating Profit and Net Profit ₹ in Cr Quarter Ended Half Year Ended Year Ended Sl No Components 30.09.2021 30.06.2022 30.09.2022 Q-o-Q (%) YoY (%) 30.09.2021 30.09.2022 YoY (%) 31.03.2022 1 Interest Income 9475 10154 10710 5 13 19098 20864 9 38856 2 Interest Expenses 5391 5620 6026 7 12 11020 1164
Slide 17: Income
Income ₹ in Cr Quarter Ended Half Year Ended Year Ended Sl No Components 30.09.2021 30.06.2022 30.09.2022 QoQ (%) YoY (%) 30.09.2021 30.09.2022 YoY (%) 31.03.2022 1 Interest Income on Advances and Discount on Bills 6656 7105 7434 5 12 13405 14539 8 26928 2 Interest on investments 2644 2767 2896 5 10
Slide 18: Fee Income
Fee Income ₹ in Cr Quarter Ended Half Year Ended Year Ended Sl No Components 30.09.2021 30.06.2022 30.09.2022 Q-o-Q (%) YoY (%) 30.09.2021 30.09.2022 YoY (%) 31.03.2022 1 Transaction fees 178 188 189 1 6 339 377 11 700 2 Loan processing charges 158 139 171 24 9 256 310 21 574 3 Commission on Governm
Slide 19: Expenses
Expenses ₹ in Cr Quarter Ended Half Year Ended Year Ended Sl No Components 30.09.2021 30.06.2022 30.09.2022 Q-o-Q (%) YoY (%) 30.09.202130.09.2022 YoY (%) 31.03.2022 1 Interest on deposits 5144 5349 5597 5 9 10516 10946 4 20936 2 Interest on borrowings 12 51 200 292 - 30 251 - 248 3 Other interest e
Slide 20: Overhead Expenses
Overhead Expenses ₹ in Cr Quarter Ended Half Year ended Year Ended Sl No Components 30.09.2021 30.06.2022 30.09.2022 Q-o-Q (%) YoY (%) 30.09.2021 30.09.2022 YoY (%) 31.03.2022 1 Rent, Taxes & Lighting 162 128 162 27 -0.3 290 290 - 614 2 Depreciation 152 135 134 -1 -12 303 269 -11 597 3 Insurance 184
Slide 21: Provisions and Net Profit
Provisions and Net Profit ₹ in Cr Quarter Ended Half Year Ended Year Ended Sl No Components 30.09.2021 30.06.2022 30.09.2022 Q-o-Q (%) YoY (%) 30.09.2021 30.09.2022 YoY (%) 31.03.2022 1 Operating Profit 3276 3564 3629 2 11 6691 7194 8 12717 2 Total Provisions 2187 2351 2404 2 10 4420 4755 8 8772 Of
Slide 22: Performance Ratios
Performance Ratios % annualised Quarter Ended Half Year Ended Year Ended Sl No Parameters 30.09.2021 30.06.2022 30.09.2022 30.09.2021 30.09.2022 31.03.2022 1 Cost of Deposits 3.86 3.85 4.02 3.96 3.93 3.97 2 Cost of Funds 3.89 3.83 4.05 3.99 3.94 3.90 3 Cost to Income Ratio 45.85 41.94 44.27 43.60 43
Slide 23: Performance Ratios
Performance Ratios % annualised Cost of Deposits (%) Yield on Advances (%) Cost of Funds (%) Yield on Funds (%) Return on Assets (RoA) Return on Average Networth (RoE) Return on Assets (RoA) Return on Average Networth (RoE) 7.48 7.16 7.27 6.98 6.63 6.89 14.18 13.83 14.30 14.00 13.31 4.02 3.86 3.85 4
Slide 24: Capital & Risk Management
04 Capital & Risk Management 23/50
Slide 25: Capital Adequacy – Risk Management
Capital Adequacy – Risk Management ₹ in Cr CRAR % Parameters 30.09.2021 30.06.2022 30.09.2022 Capital 47753 50993 50991 Common Equity Tier I (CET 1) 35126 38680 38709 16.51% CRAR Total 15.88% 16.15% Additional Tier I 1980 1980 1980 Tier II 10647 10333 10302 Total Risk Weighted Assets 300675 308819 3
Slide 26: Share Holding
Share Holding 30.09.2022 Mutual Funds: 8.56% Government of India 79.86% Resident Individual: 3.92% Insurance Companies:3.52% FPI,FII, NRI & AIF: 2.75% Employees: 0.94% HUF,Trusts, Body Corporate, & Clearing Members: 0.45% Pattern of Equity Shareholding % Shareholder Promoters 79.86 Public & Others 2
Slide 27: Asset Quality
05 Asset Quality 26/50
Slide 28: Asset Quality - Ratios
Asset Quality - Ratios Amount ` Cr Gross NPA Net NPA Gross NPA Net NPA % 36886 34573 31959 9.56 8.13 7.30 11749 3.26 8471 2.12 6174 1.50 QE Sep 21 QE Jun 22 QE Sep 22 QE Sep 21 QE Jun 22 QE Sep 22 Annualised % PCR (Incl TWO) PCR (Excl TWO) % Slippage Ratio Credit Cost 4.49 91.08 88.08 3.03 83.32 80.
Slide 29: Movement of NPA
Movement of NPA ₹ in Cr Quarter Ended Half Year Ended Year Ended S No Details 30.09.2021 30.06.2022 30.09.2022 30.09.2021 30.09.2022 31.03.2022 1 Gross NPA opening balance 37759 35214 34573 38455 35214 38455 ADDITIONS : Fresh Slippages 3952 2885 2379 6779 4356 9807 To old NPAs / Others 0 204 81 208
Slide 30: NPA Position – Sector wise
NPA Position – Sector wise ₹ in Cr 30.09.2021 30.06.2022 30.09.2022 S % to % to % to Sector Gross Gross Gross No respective respective Outstanding respective NPA NPA NPA portfolio portfolio portfolio 1 Retail Credit 3178 4.33% 3699 4.59% 83655 3568 4.26% Of which Home Loan 1279 2.97% 1491 3.17% 4826
Slide 31: NCLT & NARCL
NCLT & NARCL ₹ in Cr 30.09.2022 Category No.of Accounts Exposure Provision PCR% RBI List I 7 2825 2825 100% NCLT RBI List II 9 2826 2826 100% Accounts filed by Bank 25 1481 1481 100% Accounts filed by other Banks 177 16952 16912 99.76% Total 218 24084 24044 99.83% Q1 FY23 Q2 FY23 FY 22 Recovery from
Slide 32: SMA Position
SMA Position SMA position ₹5 Cr and above ₹ in Cr 30.06.2022 30.09.2022 % to % to Standard Respective % to Total Standard Respective % to Total Sector SMA 1 SMA 2 Total Advances as Sector Standard SMA 1 SMA 2 Total Advances as Sector Standard on 30.06.22 Standard Advances on 30.09.22 Standard Advanc
Slide 33: Collection Efficiency
Collection Efficiency 99% 99% Corporate Corporate 98% 96% 94% Retail Retail 93% 91% MSME Agriculture 90% 90% 90% 89% Agriculture MSME 88% Sep-21 Jun-22 Sep-22 Collection efficiency from Sep'21 to Sep'22 Sector Sep-21 Jun-22 Sep-22 Retail 93% 96% 94% Agriculture 89% 90% 90% MSME 88% 90% 91% Corporate
Slide 34: Sector wise Restructuring details
Sector wise Restructuring details COVID Restructuring ₹ in Cr Sector Outstanding as Addition during the quarter Reduction during the Outstanding as Recovery on 30.06.22 Sep'22 quarter Sep'22 on 30.09.2022 Percentage (Standard) Addition (Interest/ Upgradation Recovery Fresh NPA (Standard) Additional
Slide 35: Financial Inclusion
06 Financial Inclusion 34/50
Slide 36: Financial Inclusion - Performance
Financial Inclusion - Performance S No FI Parameters Sep'21 Jun'22 Sep'22 1 BCs engaged (Nos.) 9224 9892 10256 2 BSBD Accounts (No. in lakhs) 263 269 277 3 PMJDY Accounts under BSBDA (No. in lakhs) 182 187 192 4 Balance in PMJDY accounts (₹ in Cr) 6693 7608 7851 5 Overdraft Sanctioned (₹ in Cr) 28 2
Slide 37: Digital Banking & Business Network
07 Digital Banking & Business Network 36/50
Slide 38: Migration to Digital Channels
Migration to Digital Channels ATM, BNA & Digital Branch Transactions YoY Transactions QoQ 82% 4% + 82% 70% 12% + 78% 30% 22% 18% 18% QE Sep 21 QE Jun 22 QE Sep 22 QE Sep 22 Transactions through ATM, BNA & Digital Channels improved by 12% YoY (Q2 FY22 to Q2 FY23) One of the 1st banks to launch UPI
Slide 39: Digital Banking
Digital Banking Mobile Banking Internet Banking Cards UPI Users in lakhs Users in lakhs Users in lakhs Users in lakhs Debit Cards YoY 287 19% 72 257 YoY 60 76% YoY YoY 24% 12% 115 102 93 58 Sep-21 Sep-22 Sep-21 Sep-22 Sep-21 Sep-22 Sep-21 Sep-22 Transactions in lakhs Transactions in lakhs Credit Car
Slide 40: Digital Banking Units (DBUs)
Digital Banking Units (DBUs) 3 DBUs opened by Bank 1. South Delhi, 2. Lucknow & 3.Karaikal Dedication of 75 DBUs to the Nation by Shri Narendra Modi, Hon’ble Prime Minister of India on 16th October 2022 Delhi Specialised branches Totally Digital Hassle free account 24*7 cash Lucknow for paperless fi
Slide 41: Business Network
Business Network Domestic Overseas Branches Branches: 3 + Region-wise 5728 1 IBU FY23 No.of branches Opened 14 Merged 18 (309 since amalgamation) 684 Northern ATMs & BCs BNAs 10256 4825 140 North Eastern Pan India Touch Points: 20810 400 Population group wise 1399 Western Eastern Central Metro 1246
Slide 42: Staff Position
Staff Position 30.09.2022 Average % of Domestic Total Male Female age of staff Female Officers 25505 18380 7125 37 28% Clerks 13039 8306 4733 38 36% Sub-staff 2477 2129 348 46 14% Full Time Sweepers 285 217 68 45 24% Total 41306 29032 12274 38 30% HRM Initiatives Skilling & Re-Skilling Digital Banki
Slide 43: Initiatives
f= Azadi, amritMahotsav
Slide 44: Project – WAVE .. World of Advanced Virtual Experience
Project – WAVE .. World of Advanced Virtual Experience Our commitment to build digital customer-centric offerings Digital Journeys launched… Digital transformation initiatives under “Project Wave” Launched 12 digital Key Highlights offerings in last 6 months 450 Cr. of loans disbursed digitally in l
Slide 45: Environmental, Social & Governance (ESG) Practices
Environmental, Social & Governance (ESG) Practices Environmental Social Governance • Implemented Solar Power plant of 93 kW for • Contribution to Assam Chief Minister’s IMAGE Auditorium, 106 kW for HO/ CO and Relief Fund for Flood relief. • Effective mechanism supported by well 115 kW for 11 branche
Slide 46: Joint Venture & Subsidiary
Joint Venture & Subsidiary 30.09.22 (Provisional) Indbank Merchant Banking Services Ltd • Consortium of credible Public & Private Corporate In the business of Stock Broking & DP. entities from India and Sompo of Japan as promoter. • Incorporated & licensed in 2007. Listed on NSE and BSE. • Bank’
Slide 47: Regional Rural Banks (RRBs)
Regional Rural Banks (RRBs) ₹ in Cr TNGB SGB PBGB Total Parameters HYE HYE HYE HYE FY22 FY22 FY22 FY22 Sep'21 Sep'22 YoY Sep'21 Sep'22 YoY Sep'21 Sep'22 YoY Sep'21 Sep'22 YoY Business 33605 36477 9% 34711 15954 19225 21% 17453 1802 2085 16% 1957 51361 57787 13% 54121 Operating Profit 359 410 14% 573
Slide 48: Awards & Accolades
Awards & Accolades NABARD Award CIMSME Award APY Award SHG-Bank Linkage Programme MSME Banking Excellence Awards – 2021 (PSB category) • Best Innovative Bank: Winner • Best Bank for implementing COVID related Govt Schemes: Winner • Best MSME friendly Bank: Runner Up Bank Bags the Best Performing Ban
Slide 49: Awards & Accolades
Awards & Accolades Bank emerges as the winner for Financial Express Governance Now 5th India BFSI awards 2022 Top Improvement Award for Best Public Sector Bank 2020-21 ‘Digital Transformation leader’ won by in the EASE 4.0 reforms index Shri Deepak Sarda, GM-IT & CTO 48/50
Slide 50: Disclaimer
Disclaimer This presentation has been prepared by Indian Bank (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. Certain forward-looking statements in these slides involve a number of risks, u
Slide 51: Thank you
gzarder QB} indian Bank Tnmom — fee Azadite Amrit Mahotsav Thank you