Bank Of India · NSE:BANKINDIA
Bank Of India — Q2 FY2025 Earnings Presentation
47 slides from Bank Of India's earnings presentation, 2024
Slide 1: Performance Analysis Q2 FY2024-25
Performance Analysis Q2 FY2024-25 www.bankofindia.co.in Visit: www.bankofindia.co.in Follow us on Classification: Internal
Slide 2: Table of Contents
Table of Contents Key Highlights 3 Business Performance 4 - 17 Financial Performance 18 - 21 Asset Quality 22 - 28 Capital & Share Holding 29 - 30 Digital Initiatives, ESG, etc. 31 - 47 © 2024 Bank of India. All rights reserved 2 Classification: Internal
Slide 3: Performance Highlights - Q2FY25 YoY
Performance Highlights - Q2FY25 YoY Key Highlights Global Global Global Retail Agriculture MSME Business Deposits Advances Advances Advances Advances 12.05% 10.15% 14.51% 21.61% 21.46% 15.42% CASA Non Interest Gross Net CRAR Net Income NPA % NPA % Profit 7.26% 49.15% 143 bps 60 bps 100 bps 62.76% ©
Slide 4: Global Business Mix
Global Business Mix Business Performance (Amt in Rs. Cr) 13,64,660 13,97,100 12,46,879 7,64,396 7,75,181 7,03,751 6,00,264 6,21,919 5,43,128 30.09.23 30.06.24 30.09.24 Global Deposits Global Advances Global Business Mix © 2024 Bank of India. All rights reserved 4 Classification: Internal
Slide 5: Global Deposits & Advances
Global Deposits & Advances Business Performance (Amt in Rs. Cr) Domestic & Overseas Deposits Domestic & Overseas Advances 6,21,919 7,64,396 7,75,181 6,00,264 7,03,751 5,43,128 1,01,266 1,16,479 1,02,449 92,095 1,04,901 90,487 6,47,917 6,72,732 5,08,169 5,20,653 5,98,850 4,52,641 30.09.23 30.06.24 30
Slide 6: Global Deposits & Advances – Growth
Global Deposits & Advances – Growth Business Performance (Amt in Rs. Cr) QoQ Growth YoY Growth Particulars 30.09.23 30.06.24 30.09.24 Amount Percentage Amount Percentage Global Deposits 7,03,751 7,64,396 7,75,181 10,785 1.41 71,430 10.15 Global Advances 5,43,128 6,00,264 6,21,919 21,655 3.61 78,791
Slide 7: Domestic Deposits
Domestic Deposits Business Performance (Amt in Rs. Cr) 13% Types of Deposits 30.09.23 30.06.24 30.09.24 44% 30.09.23 CASA (Amount) 2,56,956 2,74,973 2,75,618 43% CASA (%) 43.13 42.68 41.18 13% Total Term Deposits 3,41,371 3,72,434 3,96,464 44% 30.06.24 43% Retail Term Deposits (%) 44.39 44.48 45.04
Slide 8: Composition of Gross Domestic Advances
Composition of Gross Domestic Advances Business Performance (Amt in Rs. Cr) Particulars 30.09.23 30.06.24 30.09.24 Growth YoY% Agriculture 77,226 88,924 93,798 21.46 MSME 73,731 80,486 85,097 15.42 Retail 99,924 1,15,183 1,21,517 21.61 RAM 2,50,881 2,84,593 3,00,412 19.74 Corporate & Others 2,01,760
Slide 9: Retail Loans
Retail Loans Business Performance (Amt in Rs. Cr) Growth 12% Particulars 30.09.23 30.06.24 30.09.24 8% YoY (%) 30.09.23 9% 54% Home loans 53,809 60,652 63,059 17.19 3% 14% Vehicle loans 14,370 17,311 18,541 29.03 Education loans 3,177 3,473 3,691 16.16 12% 9% Mortgage loans 8,544 9,256 9,705 13.59 3
Slide 10: Priority Sector Advances
Priority Sector Advances Business Performance (Amt in Rs. Cr) Particulars Regulatory Target 30.09.23 30.06.24 30.09.24 ANBC 3,99,803 4,17,871 4,33,105 Priority Sector 1,71,838 1,90,563 1,99,778 % To ANBC 40.00 42.98 45.60 46.13 Agriculture 77,226 88,924 93,798 % To ANBC 18.00 19.32 21.28 21.66 Small
Slide 11: Domestic Credit – Sector Wise Outstanding
Domestic Credit – Sector Wise Outstanding Business Performance (Amt in Rs. Cr) Particulars 30.09.23 30.06.24 30.09.24 Infrastructure 65,365 60,330 59,434 Basic Metal & Metal products 15,804 20,289 19,160 Textiles 6,469 6,520 6,729 Gems & Jewellery 3,614 3,108 2,933 Chemicals & Chemical products 6,72
Slide 12: NBFC Portfolio – Global Outstanding
NBFC Portfolio – Global Outstanding Business Performance NBFC Portfolio (Amt in Rs. Cr) NBFC - Rating Distribution 8% 4% Ratings 30.09.23 30.06.24 30.09.24 2% 5% 17% 15% AAA 53,771 60,270 55,204 AA 10,470 13,752 16,450 75% 74% A 1,683 4,163 4,040 30.09.23 30.06.24 BBB & Below 6,054 3,111 1,415 5% 2%
Slide 13: Global NBFC Portfolio – Rating Profile as on 30.09.24
Global NBFC Portfolio – Rating Profile as on 30.09.24 Business Performance (Percentage) Category AAA AA A BBB & below Grand Total NBFC-HFC (%) 24.50% 9.34% 0.27% 0.00% 34.11% Backed by PSU 14.19% 2.45% 0.00% 0.00% 16.64% Backed by Bank 3.12% 1.98% 0.00% 0.00% 5.10% Private 7.19% 4.91% 0.27% 0.00% 12
Slide 14: Domestic Advances - Infrastructure Sector Outstanding
Domestic Advances - Infrastructure Sector Outstanding Business Performance (Amt in Rs. Cr) Raising Infrastructure Bonds in FY 25 Particulars 30.09.23 30.06.24 30.09.24 Approval for Infrastructure Bonds FY 25 Power 42,037 35,503 34,868 a) SEBs 17,698 15,217 15,361 ₹ 10,000 Crores Infrastructure Bonds
Slide 15: Benchmark wise Distribution of Advances – Standard Domestic
Benchmark wise Distribution of Advances – Standard Domestic Business Performance (Amt in Rs. Cr) Base Rate, 1% Standard Advances MCLR, 31% Benchmark Rates Share (%) as on 30.09.24 Others, 16% Base Rate 1,838 0.37 MCLR 1,52,551 30.91 Fixed Rate, 5% EBLR 2,32,439 47.09 Fixed Rate* 25,601 5.19 Others 8
Slide 16: External Ratings wise Distribution of Standard Corporate Advances
External Ratings wise Distribution of Standard Corporate Advances Business Performance Domestic Corporate Advances Above Rs. 50 Cr 2.32% 5.15% 1.46% 4.87% 3.74% 3.83% 88.79% 89.84% 30.06.24 30.09.24 A & above BBB Below BBB Unrated As on 30.09.24, Investment grade accounts form 95% of our Standard Co
Slide 17: Domestic Investments
Domestic Investments Business Performance (Amt in Rs. Cr) As on 30.06.24 As on 30.09.24 Particulars AFS HTM FVTPL SUB-JV Total AFS HTM FVTPL SUB-JV Total SLR Investments 22,318 1,40,789 27,144 - 1,90,251 19,506 1,56,252 39,975 - 2,15,733 of which 22,318 1,40,789 27,144 - 1,90,251 19,506 1,56,252 39,
Slide 18: Net Interest Income (Global)
Net Interest Income (Global) Financial Performance (Amt in Rs. Cr) Particulars QE Sep 23 QE Jun 24 QE Sep 24 YoY (%) HY Sep 23 HY Sep 24 YoY (%) Interest Income 14,971 16,938 17,355 16 29,330 34,293 17 a. Advances 10,588 11,994 12,068 14 20,269 24,062 19 b. Investments 3,483 4,040 4,295 23 6,959 8,3
Slide 19: Non Interest Income (Global)
Non Interest Income (Global) Financial Performance (Amt in Rs. Cr) Particulars QE Sep 23 QE Jun 24 QE Sep 24 YoY (%) HY Sep 23 HY Sep 24 YoY (%) a. Commission, Exchange & 415 322 418 1 726 740 2 Brokerage b. Cross Selling (Third Party 53 48 85 60 85 133 57 Commission) c. Commission from Govt. 15 10
Slide 20: Operating Profit and Net Profit (Global)
Operating Profit and Net Profit (Global) Financial Performance (Amt in Rs. Cr) Particulars QE Sep 23 QE Jun 24 QE Sep 24 YoY (%) HY Sep 23 HY Sep 24 YoY (%) Operating Profit 3,756 3,677 4,147 10 7,508 7,825 4 Provisions for - Bad & Doubtful (NPA) 678 1,216 1,427 111 1,455 2,643 82 - Non Performing -
Slide 21: Key Financial Ratios (Global)
Key Financial Ratios (Global) Financial Performance QE QE QE HY HY Particulars Sep 23 Jun 24 Sep 24 Sep 23 Sep 24 Yield on Advances (%) 8.54 8.60 8.45 8.32 8.52 Yield on Investments (%) 6.74 7.13 7.10 6.77 7.11 Yield on Funds (%) 7.38 7.65 7.55 7.23 7.46 Cost of Deposits (%) 4.49 4.82 4.95 4.35 4.88
Slide 22: Asset Classification: Global Advances
Asset Classification: Global Advances Asset Quality (Amt in Rs. Cr) As on 30.09.23 As on 30.06.24 As on 30.09.24 Sectoral Outstanding Share (%) Outstanding Share (%) Outstanding Share (%) Standard Advances 5,11,409 94.16 5,72,548 95.38 5,94,463 95.59 Gross NPA 31,719 5.84 27,716 4.62 27,456 4.41 - S
Slide 23: SMA – Rs. 5 Cr & above
SMA – Rs. 5 Cr & above Asset Quality (Amt in Rs. Cr) Position of Rs. 5.00 crores & above 30.09.23 30.06.24 30.09.24 SMA Category Amount % to Std Adv Amount % to Std Adv Amount % to Std Adv SMA-0 3,986 0.78 7,985 1.40 2,018 0.34 SMA-1 516 0.10 627 0.11 3,268 0.55 SMA-2 1220 0.24 1042 0.18 2,370 0.40
Slide 24: Movement of NPA (Global)
Movement of NPA (Global) Asset Quality (Amt in Rs. Cr) Segment QE Sep 23 QE Jun 24 QE Sep 24 Opening Balance (Gross NPA) 34,583 29,183 27,716 + Fresh Slippage 1,560 1,689 2,357 + Debits in existing NPA accounts 90 241 189 Total Addition 1,650 1,930 2,546 - Cash Recovery 1,455 1,201 1,523 - Upgradati
Slide 25: Sector wise breakup of Fresh Slippages
Sector wise breakup of Fresh Slippages Asset Quality (Amt in Rs. Cr) QE QE QE Particulars % Share Jun 24 % Share Sep 24 % Share Sep 23 Retail 118 7 382 20 211 8 Agriculture 650 39 530 28 702 28 MSME 574 35 761 39 475 19 Corporate 216 13 229 12 1,094 43 Total Domestic 1,556 94 1902 99 2,482 98 Overse
Slide 26: Sector wise Classification of Gross NPA
Sector wise Classification of Gross NPA Asset Quality (Amt in Rs. Cr) QE Sep 23 QE Jun 24 QE Sep 24 Sector Amount % to total Amount % to total Amount % to total Retail 2,251 7 2,412 9 2,418 9 Agriculture 9,704 31 9,537 34 9,488 35 MSME 10,301 32 10,657 39 10,644 39 Corporate 9,119 29 4,737 17 4,521
Slide 27: Asset Quality Ratio (Global)
Asset Quality Ratio (Global) Asset Quality (Amt in Rs. Cr) Particulars 30.09.23 30.06.24 30.09.24 Gross NPA 31,719 27,716 27,456 Net NPA 7,978 5,702 5,648 Gross NPA (%) 5.84 4.62 4.41 Net NPA (%) 1.54 0.99 0.94 Provision Coverage (%) 89.58 92.11 92.22 Slippage Ratio (%) 0.34 0.35 0.44 Credit Cost (%
Slide 28: Summary of NCLT Cases – Domestic (As on 30.09.24)
Summary of NCLT Cases – Domestic (As on 30.09.24) Asset Quality (Amt in Rs. Cr) Total No Provision Provision Particulars Book of Accounts held (%) Outstanding RBI List -1 2 1,428 1,428 100 RBI List -2 8 1,825 1,825 100 Cases filed and admitted in NCLT by our Bank 69 5,735 4,893 85 Cases under admiss
Slide 29: Capital Adequacy
Capital Adequacy Capital & Shareholding (Amt in Rs. Cr) Particulars 30.09.23 30.06.24 30.09.24 Particulars 30.09.23 30.06.24 30.09.24 Capital Adequacy - Basel III Total Risk 3,79,509 4,25,610 4,32,908 Weighted Assets CET-1 Capital 47,824 57,975 58,527 Credit RWA 3,16,860 3,64,928 3,69,880 Tier I Cap
Slide 30: Ratings & Shareholding Pattern
Ratings & Shareholding Pattern Capital & Shareholding Domestic Long Term Rating Shareholding (%) Shareholding (%) Particulars As on 30.06.24 As on 30.09.24 Rating Agency Rating Government 73.38 73.38 CRISIL Ltd. AA+ (Stable) of India ICRA Ltd. AA+ (Stable) Life Insurance Corp 6.57 7.49 India Ratings
Slide 31: Digital Initiatives
Digital Initiatives WhatsApp Banking E-Platform • Access to a range of services designed • Digital journey to a host of banking products. to meet daily banking needs 10 more products were added during this FY. Updated Customer Relationship Module NACH e-mandate Registration (CRM Next) & UDIR-ATM Tra
Slide 32: BOI OMNI NEO Platform
BOI OMNI NEO Platform Bill Payment Loan Insurance Mutual Funds Government Schemes Doorstep Banking Account Transfer Pension Demat Sovereign Gold Bond Tax BOI Mobile Over 340 services available BOI Omni Neo Access to 168 services online, Omni Neo Bank from any mobile device Internet Banking with 250
Slide 33: Digital Transformation
Digital Transformation Project Aditya Modernization of Datawarehouse & Data Lake Platform • Advance Analytics Capabilities • Business Intelligence Dashboard • Data Governance Platform Intelligent Project TechNxt Process Automation Digital & IT Transformation Project Automating manual • Scaling up di
Slide 34: Digital Banking – Alternate Delivery Channels
Digital Banking – Alternate Delivery Channels Digital Banking Quarterly Transaction counts (in Cr) Internet banking Users (in lakhs) 139 131 149 141 91 113 104 90 95% 94% 92% 87 Digital Digital Total Total Total Digital 30.09.23 30.06.24 30.09.24 30.09.23 30.06.24 30.09.24 UPI Users (in lakhs) Mobil
Slide 35: Major Products offered through Digital Platform
Major Products offered through Digital Platform Digital Banking Business Verticals Products offered thru Digital Platform Agriculture KCC Crop Loan Self Help Group Gold Loan Bhoomihin Kisan card MSME MSME up to 10.00 lakh Mudra Kishor Mudra - Tarun MSME Renewal Resource Saving Account Retail Star Ho
Slide 36: Cyber Security Governance & Achievements
Cyber Security Governance & Achievements Cyber Security Governance Cyber Security Proactive Attack Center of Excellence (CS-CoE) Surface Management Comprehensive Cyber Centralized Cyber Threat Security Framework Intelligence Management Integrated Digital Risk Extensive Cyber Awareness Management usi
Slide 37: Overseas Business Operations
Overseas Business Operations Other Parameters (Amt in Rs. Cr) No of foreign Categories offices as on Parameters QE Sep 23 QE Jun 24 QE Sep 24 30.09.24 Deposits 1,04,901 1,16,479 1,02,449 Overseas Branches (21) 21 Advances 90,487 92,095 1,01,266 Overseas Subsidiaries (4) 23 Business Mix 1,95,388 2,08
Slide 38: Overseas Subsidiaries and Joint Ventures
Overseas Subsidiaries and Joint Ventures Other Parameters (Amt in Rs. Cr) Subsidiary / Business Interest Operating Net Capital* Deposits* Advances* Joint Venture Mix* Income# Profit # Profit# Bank of India (New Zealand) Ltd. 264 481 750 1,231 34 16 9 Bank of India (Tanzania) Ltd. 66 466 376 842 28 6
Slide 39: Domestic Subsidiaries, Associates and Joint Ventures
Domestic Subsidiaries, Associates and Joint Ventures Other Parameters As on 30.09.2024 Book value Percentage S No Name of the Company Nature of Business (in INR Crores) Holding Subsidiaries - Domestic 1 BOI Merchant Bankers Ltd. Merchant Banking activities 10.00 100.00 Depository Participants activi
Slide 40: RRBs Sponsored by Bank of India
RRBs Sponsored by Bank of India Other Parameters (Amt in Rs. Cr) Area of Business Mix Profit S No Name of the RRB operation (As on 30.09.24) (HY Sep 24) 1 Aryavart Bank Uttar Pradesh 59,783 32 Madhya Pradesh 2 Madhya Pradesh 34,091 160 Grameen Bank Vidharbha Konkan Maharashtra 3 10,118 30 Grameen Ba
Slide 41: Branch Network & Global Presence
Branch Network & Global Presence Other Parameters Branch Network 30.06.24 30.09.24 Change Domestic Branches 5,155 5,191 36 - Metro 991 992 1 - Urban 833 836 3 - Semi Urban 1,466 1,493 27 - Rural 1,863 1,868 5 - Digital Banking Units 2 2 - Overseas Branches 22 22 - Total No. of Branches 5,177 5,213 3
Slide 42: Inclusive Growth – Social Security Schemes
Inclusive Growth – Social Security Schemes Other Parameters (No in Lakhs) PMJDY PMSBY PMJJBY APY 280 255 253 275 37 107 35 106 30.06.24 30.09.24 30.06.24 30.09.24 30.06.24 30.09.24 30.06.24 30.09.24 © 2024 Bank of India. All rights reserved 42 Classification: Internal
Slide 43: Manpower Optimization
Manpower Optimization Other Parameters No. of Centralized Units and Staff Human Resource and business ratios No. of Officers Amount / No. Central Processing Unit No. of Units Parameter Posted As on 30.09.24 Zonal Centralized Total No. of Employee 50,575 69 283 Operations Dept. SME City Centre & Fema
Slide 44: People Initiatives
People Initiatives Design of Target Skill Building Employee Unique Roles Employee Performance Setting with Assessment Centers Survey and Wellness Management data-driven for talent of Excellence & Diagnostics customized Schemes (PMS) Tools insights diagnosis (CoEs) KRAs Development of Branch level 30
Slide 45: Environmental, Social & Governance (ESG)
Environmental, Social & Governance (ESG) E For a Sustainable Future Dedicated Renewable Paperless banking: 6.33 Solar Head Office The head office Bank is reporting ESG cell Energy lakh accounts opened capacity Star House buildings have its scope 1 & exposure through e-portal, installed at 2 & 3 are
Slide 46: Disclaimer
Disclaimer "This presentation has been prepared by Bank of India (the solely for general information purposes, not with regard to any specific objectives, financial situations or informational needs of any particular person. Except for the historical information contained herein, statements in this
Slide 47: THANK YOU
THANK YOU We express our gratitude to all our esteemed stakeholders for their support & trust and solicit their continued patronage to make our Bank grow exponentially in the coming years. (Commemorative Stamp on BOI released by India Post on 08.10.2024) www.bankofindia.co.in Visit: www.bankofindia.