Bank Of India · NSE:BANKINDIA
Bank Of India — Q4 FY2023 Earnings Presentation
49 slides from Bank Of India's earnings presentation, May 6, 2023
Slide 1: Investor's Presentation - Audited Financial Results Q4/FY2023
• suisp Bol Bank of %die • 1.421•Initedir TI-4"4 W. Ref No Ref No.:HO:IRC:SVM:2023-24:59 R9tf Date: 06.05.2023. 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 FY 2022-23
PERFORMANCE ANALYSIS FY2021-22 FY 2022-23 117 years of successful journey…..….
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 Mar-2022 Dec-2022 Mar-2023 Rating Agency Rating Domestic Branches 5,105 5,118 5,131 - Metro 991 989 991 Infomerics AAA (Stable) - Urban 815 822 829
Slide 4: Table of contents
Table of contents 01 Key Highlights (4 - 6) 02 Business Performance (7 - 17) 03 Financial Performance (18 - 23) 04 Asset Quality (24 - 30) 05 Capital & Shareholding (31 - 33) 06 Digital, New Initiatives & others (34 - 48) 117 years of successful journey……... 3
Slide 5: Key Highlights
Key Highlights 117 years of successful journey……... 4
Slide 6: Performance at a Glance
Performance at a Glance (Rs in crores) Particulars Mar-2021 Mar-2022 Mar-2023 Total Business 10,37,549 10,84,910 11,85,438 Total Deposits 6,27,114 6,27,896 6,69,586 CASA % 41.27 45.02 44.73 Gross Advances 4,10,436 4,57,014 5,15,852 RAM % 51.66 53.77 55.11 Operating Profit 10,273 9,988 13,393 Net Pro
Slide 7: Performance Highlights (FY2022-23 - YOY)
Performance Highlights (FY2022-23 - YOY) Global Business CASA Provision Cover % Yield on Advances Increased by Increased by Increased by Increased by 9.27% 2.72% 192 bps 61 bps Gross Advances Agri. Advances MSME Advances Retail Advances Increased by Increased by Increased by Increased by 12.87% 8.99
Slide 8: Business Performance
Business Performance 117 years of successful journey……... 7
Slide 9: Global Business
Global Business (Rs in crores) Global Business Mix Mar-23 11,85,438 9.27% YOY 11,61,441 2.07% QOQ Particulars 31.03.2022 31.12.2022 31.03.2023 10,84,910 Credit Deposit Ratio 72.78 77.67 77.04 -Global (%) 31.03.2022 31.12.2022 31.03.2023 Global Deposits Global Advances Mar-23 6,69,586 Mar-23 6.64% YO
Slide 10: Deposits & Advances: Global
Deposits & Advances: Global (Rs in crores) Domestic and Overseas Deposits Domestic and Overseas Advances Mar-23 Mar-23 2.95% YOY 9.56% YOY 1.86% QOQ 1.18% QOQ 5,50,833 5,56,707 5,67,063 4,26,622 4,31,637 3,93,991 Mar-23 Mar-23 33.04% YOY 33.63% YOY 5.71% QOQ 3.81% QOQ 96,984 63,022 81,128 84,215 77,
Slide 11: Domestic Deposit - CASA
Domestic Deposit - CASA (Rs in crores) Dec-22 Mar-23 Mar-22 6% 6% 5% 46% 45% 49% 39% 39% 40% 9% 10% 6% CA SA TD- Bulk Dep TD- Others CA SA TD- Bulk Dep TD- Others CA SA TD- Bulk Dep TD- Others Types of Deposits 31.03.2022 31.12.2022 31.03.2023 Savings Account 2,15,638 2,14,048 2,21,349 Current Accou
Slide 12: Composition of Gross Advances (Domestic)
Composition of Gross Advances (Domestic) (Rs in crores) Particulars 31.03.2022 31.12.2022 31.03.2023 Growth Growth QoQ% YoY% Agriculture 66,418 70,334 72,391 2.92% 8.99% MSME 64,750 69,250 70,777 2.21% 9.31% Retail 80,675 91,371 94,716 3.66% 17.40% RAM 2,11,843 2,30,955 2,37,884 3.00% 12.29% Corpora
Slide 13: Retail Loans
Retail Loans (Rs in crores) Particulars 31.03.2022 31.12.2022 31.03.2023 Growth Growth QOQ (%) YOY (%) Home loans 44,895 50,250 51,897 3.28% 15.60% Vehicle loans 10,353 13,042 13,584 4.16% 31.21% Education loans 2,705 2,912 3,002 3.09% 10.98% Mortgage loans 7,438 8,078 8,240 2.01% 10.78% Personal lo
Slide 14: Priority Sector Advances (Domestic)
Priority Sector Advances (Domestic) (Rs in crores) Parameters Mar-22 Dec-22 Mar-23 Growth Growth Q-o-Q % Y-o-Y (% ) ANBC 3,51,206 3,72,302 3,83,380 2.98 9.16 Priority Sector 1,51,600 1,60,794 1,64,461 2.28 8.48 % To ANBC 41.55 43.19 43.28 0.09 1.73 Agriculture 66,418 70,334 72,391 2.92 8.99 % To ANB
Slide 15: Domestic Credit (Industry Wise)
Domestic Credit (Industry Wise) (Rs in crores) Particulars 31.03.2022 31.12.2022 31.03.2023 % to Growth Growth Domestic QOQ % YOY (% ) Advances Infrastructure 65,545 66,221 65,181 15.10% -1.57% -0.56% Basic Metal & Metal products 10,845 13,586 14,523 3.36% 6.90% 33.91% Textiles 7,386 7,633 7,264 1.6
Slide 16: Domestic Advances (Infrastructure Sectors)
Domestic Advances (Infrastructure Sectors) (Rs in crores) Particulars 31.03.2022 31.12.2022 31.03.2023 Growth Growth QOQ % YOY (%) Power 44,584 42,721 42,145 -1.35 -5.47 a) SEBs 20,552 19,945 18,945 -5.01 -7.82 - Generation 8,946 8,673 8,503 -1.96 -4.95 - Transmission 1,620 2,756 1,980 -28.16 22.22
Slide 17: Corporate Rating (As per Basel III)
Corporate Rating (As per Basel III) 60.45% 62.20% 27.20% 25.08% 4.28% 4.40% 5.81% 4.04% 3.68% 2.87% As on 31.12.2022 As on 31.03.2023 Govt. Guaranteed Advances Unrated BB & Below BBB A & above 117 years of successful journey……... 16
Slide 18: Domestic Investments
Domestic Investments (Rs in crores) 31.12.2022 31.03.2023 Particulars AFS HTM HFT AFS HTM HFT SLR Investments 21,621 1,18,356 242 30,943 1,24,113 -30 Of Which: Government 30,943 1,24,113 -30 Securities 21,621 1,18,356 242 Other Approved -- -- -- Securities - - - M Duration 1.21 - 6.12 1.2 -- 6.67 No
Slide 19: Financial Performance
Financial Performance 117 years of successful journey……... 18
Slide 20: Net Interest Income (Global)
Net Interest Income (Global) (Rs in crores) Particulars Q4FY22 Q3FY23 Q4FY23 FY2022 FY2023 Interest Income 9,857 12,728 13,449 38,076 47,648 a. Advances 6,882 8,828 9,440 25,842 33,368 b. Investments 2,723 2,985 3,296 11,116 11,943 c. Money Market Operations & Others 252 915 713 1,118 2,337 Interest
Slide 21: Non-Interest Income (Global)
Non-Interest Income (Global) (Rs in crores) Particulars Q4FY22 Q3FY23 Q4FY23 FY2022 FY2023 Commission, Exchange & Brokerage 293 384 366 1,198 1,368 Profit from Sale and Revaluation of -111 115 1,717 1,407 1,836 Investments Profit from Exchange Transactions 661 243 153 2,560 1,004 Recovery In W/o acc
Slide 22: Operating Profit & Net Profit
Operating Profit & Net profit (Rs in crores) Particulars Q4FY22 Q3FY23 Q4FY23 FY2022 FY2023 Operating Profit 2,466 3,652 4,184 9,988 13,393 Provisions for - Bad & Doubtful 1,135 1,087 546 2,943 3,602 - Standard Assets and others 83 806 374 1,081 2,354 - Dep. on Non-Performing Investment 323 -14 1,13
Slide 23: Key Financial Ratios (Global)
Key Financial Ratios (Global) Particulars Q4FY22 Q3FY23 Q4FY23 FY2022 FY2023 Yield on Advances (%) 6.77 7.67 7.95 6.76 7.37 Yield on Investments (%) 6.25 6.49 6.82 6.32 6.51 Yield on Funds (%) 5.40 6.53 6.70 5.21 6.15 Cost of Deposits (%) 3.54 3.72 3.91 3.69 3.67 Cost of Funds (%) 3.22 3.66 3.95 3.2
Slide 24: Efficiency Ratios
Efficiency Ratios Cost of Deposits & Yields on Advances (%) Cost of Funds & Yield on Funds (%) 7.95 6.53 6.70 7.67 6.77 5.40 Q4FY23 Yield Cost Q4FY23 Yield Cost Domestic 8.54 4.27 Domestic 6.98 3.97 3.95 Overseas 5.02 1.86 3.66 3.54 3.72 3.91 3.22 Overseas 4.99 3.82 Q4FY22 Q3FY23 Q4FY23 Q4FY22 Q3FY2
Slide 25: Asset Quality
Asset Quality 117 years of successful journey……... 24
Slide 26: Asset Quality Ratio
Asset Quality Ratio (Rs in crores) Particulars 31.03.2022 31.03.2023 Gross NPA 45,605 37,686 Net NPA 9,852 8,054 Gross NPA (%) 9.98 7.31 Net NPA (%) 2.34 1.66 Provision Coverage Ratio (%) 87.76 89.68 Particulars Q4FY22 Q4FY23 FY2022 FY2023 Slippage Ratio (%) 0.47 0.64 2.15 1.94 Credit Cost (%) 1.10
Slide 27: Special Mention Accounts (SMA) - Rs. 5.00 Cr and above
Special Mention Accounts (SMA) – Rs. 5.00 Cr and above (Rs in crores) SMA Position of Rs. 5.00 crores and above 31.12.2022 31.03.2023 SMA Category % to Gross % to Gross Amount Amount Adv Adv SMA-2 893 0.17% 779 0.15% SMA-1 1,052 0.20% 1,198 0.23% SMA-0 17,097 3.31% 14,991 2.91% Grand Total 19,042 3.
Slide 28: Resolution Framework (Standard Restructuring)
Resolution Framework (Standard Restructuring) (Rs in crores) Outstanding as on 31.03.2023 % on Gross Category Resolution Resolution One Time Total Provision Advances Framework 1.0 Framework 2.0 Restructuring Retail 391 4,546 - 4,937 494 MSME 774 2,314 1,202 4,290 369 2.22% Corporate & Others 394 - 1
Slide 29: Movement of NPA
Movement of NPA (Rs in crores) Segment Q4FY22 Q3FY23 Q4FY23 FY2022 FY2023 Opening Balance (Gross NPA) 45,760 42,014 38,885 56,535 45,605 Add: - Fresh Slippage 1,502 818 2,541 8,118 6,861 - Debits in existing NPA accounts 326 399 84 716 1108 Less: - Cash Recovery 1,329 1,647 1,824 6,707 6,029 - Upgra
Slide 30: Asset Classification: Global Advances
Asset Classification : Global Advances (Rs in crores) Sectoral As on 31.03.2022 As on 31.12.2022 As on 31.03.2023 O/s Share (%) O/s Share (%) O/s Share (%) Standard Advances 4,11,408 90.02 4,68,865 92.34 4,78,167 92.69 Gross NPA 45,605 9.98 38,885 7.66 37,686 7.31 - Sub-Standard 4,366 0.96 4,090 0.8
Slide 31: Summary of NCLT Cases (As on 31.03.2023)
Summary of NCLT Cases (As on 31.03.2023) (Rs in crores) No of Particulars Total Book O/s Provision held Provision (%) Accounts 2 RBI List -1 1,442 1,442 100 9 RBI List -2 1,962 1,962 100 66 Cases filed and admitted in NCLT by our Bank 5,633 4,886 87 4 Cases under admission in NCLT by our Bank 355 34
Slide 32: Capital & Shareholding
Capital & Shareholding 117 years of successful journey……... 31
Slide 33: Capital Adequacy
Capital Adequacy (Rs in crores) Particulars 31.03.2022 31.12.2022 31.03.2023 Capital Adequacy - Basel III CET-1 Capital 42,695 43,503 48,232 Tier I Capital 44,047 46,355 51,084 Tier II Capital 8,206 6,769 6,643 Total Capital (CRAR) 52,253 53,124 57,727 Risk Weighted Assets 3,16,395 3,40,639 3,54,534
Slide 34: Shareholding Pattern
Shareholding Pattern (As on 31.12.2022) Particulars Shareholding 4.87% 6.66% Promoter Pattern (Government of India) As on 31.03.2023 7.05% Government of Life Insurance 81.41% Corporation India Life Insurance 7.05% Indian public Corporation 81.41% Indian Public 4.87% Others Others 6.67% Total 100.00%
Slide 35: Digital Banking, Financial Inclusion, Initiatives, Awards, Overseas Operations, Domestic Subsidiaries & ESG
Digital Banking, Financial Inclusion, Initiatives, Awards, Overseas Operations Domestic Subsidiaries & ESG 117 years of successful journey……... 34
Slide 36: Alternate Delivery Channel
Alternate Delivery Channel 466 lakh Internet banking Users ATM & CRM (Actual Count) Debit Cards (in thousands) 8,166 8,214 base 8,463 8,377 7,949 8,088 31.03.2022 31.12.2022 31.03.2023 31.03.2022 31.12.2022 31.03.2023 Mobile banking Users UPI Users (in thousands) (in thousands) 15,579 7,588 8,032 14
Slide 37: Digital Transactions Data
Digital Transactions Data 15mn 439mn 0.57% 0.40% 15 Million UPI Avg. UPI Monthly Yearly Avg. Yearly Avg. Users Financial Transactions UPI Debit TD UPI Credit TD 8.7mn 24mn 8mn 7.5mn IB Retail + Corp IB Txns. In FY 22- MB Txns in FY 22- MB Users Users 23 23 62.5mn 5 lac 6.8mn RTGS, NEFT Txns SWIFT Tx
Slide 38: Digital Channels: Business Figure
Digital Channels: Business Figure upto 31-03-2023 (Rs in crores) Product A/cs ( in actuals) S/L ( in crores) O/S ( in crores) SAVINGS 1,09,890 177 177 SHISHU 3,520 15 14 KISHORE 7,266 217 197 TARUN 1,556 125 97 PERSONAL 32 1 1 VEHICLE 197 8 8 KCC 1,531 15 13 GOLD 50,206 724 650 117 years of successf
Slide 39: Financial Inclusion
Financial Inclusion PMJDY (Rs in crores) PMJJBY 55 13,021 48 45 39 11,713 15 17 11,048 31.03.2022 31.12.2022 31.03.2023 Target (%) Achievement (%) 31.03.2022 31.12.2022 31.03.2023 APY per branch PMSBY 129 111 60 93 54 55 48 80 70 36 60 30 31.03.2022 31.12.2022 31.03.2023 31.03.2022 31.12.2022 31.03.
Slide 40: Overseas Business Operations
Overseas Business Operations (Rs in crores) Categories No of foreign offices Overseas Branches (21) 21 Overseas Subsidiaries (4) 22 Overseas Joint Ventures (1) 1 Representative Offices 1 Total No of Foreign Offices 45 Overseas Branches Business Param eters FY 2022-23 Growth Over Deposits 1,02,523 22
Slide 41: Overseas Subsidiaries and Joint Ventures
Overseas Subsidiaries and Joint Ventures (Rs in crores) Subsidiary/ Joint Venture Capital Deposits Advances Business Interest Operating Net Profit Mix Income Profit Bank of India (New Zealand) Ltd. 232 419 683 1,102 42 17 12 Bank of India (Tanzania) Ltd. 76 512 345 856 51 11 2 Bank of India (Uganda)
Slide 42: Domestic Subsidiaries and Joint Ventures
Domestic Subsidiaries and Joint Ventures (Rs in crores) Name of the Company Nature of Business Book value Percentage (in INR Crores) Holding Subsidiaries - Domestic 1 BOI Merchant Bankers Ltd. Merchant Banking Company 10.00 100 BOI Shareholding Ltd. Depository Participants 2 activities for NSDL & CD
Slide 43: Initiatives and Going forward
Initiatives and Going forward ❑ Bank has announced FY 2022-23 to be the year of digitalization. ❑ 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
Slide 44: Initiatives and Going forward
Initiatives and Going forward ❑ Bank has inaugurated two DBUs in East Singhbhum and Khurda. ❑ Robust Recovery mechanism through initiatives like “Intensive Recovery Day”, “Branch Adalat” monthly mega E-auction and involving in-house staff such as “Sanjeevani”, “Saksham-2” put in place. ❑ Bank is in
Slide 45: Initiatives and Going forward
Initiatives and Going forward ❑Bank has formulated a Comprehensive Policy on “Syndicated Loans, External Commercial Borrowings and Foreign Currency Loans” ❑Bank has started Digital processing of PMMY MUDRA Loans product in MSME Segment; Personal, Vehicle and Pensioner Loan in Retail Segment; Gold Lo
Slide 46: Awards & Accolades
Awards & Accolades ❑ Bank of India has been adjudged as the Second Best in Category-I Public Sector Banks for Excellence in Financial Reporting by ICAI for the year ended 31.03.2022 ❑ Bank of India has been awarded with “Best Innovative Bank- Winner ” and “Best Bank For Promoting Social Scheme- -Run
Slide 47: 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 48: 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 49: Thank You!
THANK YOU! 117 years of successful journey……... 48