Bank Of India · NSE:BANKINDIA
Bank Of India — Q1 FY2022-23 Earnings Presentation
46 slides from Bank Of India's earnings presentation, Aug 2, 2022
Slide 1: Cover letter to stock exchanges on investor presentation
at Bank of 801 T.Ref No Ref No.:HO:IRC:SVM:2022-23:196 Date: 02.08.2022 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, 25, P.J. Towers, Dalal Street, Bandra Ku
Slide 2: Performance Analysis FY2021-22 Q1FY2022-23
BOI PERFORMANCE ANALYSIS PERFORMANCE ANALYSIS )k. FY2021-22 Q1FY2022-23 : As on 30-06-2022 www.bankofindia.co.in 1
Slide 3: External Rating of Bank of India
External Rating Bank India BOl External Rating of Bank of India Domestic Long Term Rating Rating Agency Rating Infomerics Rating AAA (Stable) CRISIL Ltd. AA+ (Stable) ICRA Ltd. AA+ (Stable) Overseas Rating Rating Agency Rating Fitch Rating BBB- (Long) / F3 (Short) (Stable) Standard & Poor (S&P) BB+
Slide 4: Table of contents
%3T17T-41-wr s3P=Iff It-Hu Table of contents Bank India BOl 01 Key Highlights (4-5) 02 Business Performance (6-16) 03 Financial Performance (17-22) 04 Asset Quality (23-29) 05 Capital & Shareholding (30-32) 06 Digital and New Initiatives (33-43) www.bankofindia.co.in
Slide 5: Key Highlights
aTT7Ttr 3Pla- t-Ncl afiC"P°1 Bank of India BOI Key Highlights www.bankofindia.co.in 4
Slide 6: Performance Highlights (Q1 2022-23 - YOY)
%3TT7T-41-wr sipp- oc+Ici Performance Highlights (Q1 2022-23 - YOY) afioPoi D Bank of India II Global Global 2.78% 15.20% Advances Deposits c 2.68% 15.74% 39 CASA RAM NIM bps Deposits Advances Gross 421 Net 114 NPA % bps NPA % bps 5
Slide 7: Business Performance
3Pla- 1 F1 Bank of India BOl Business Performance www.bankofindia.co.in 6
Slide 8: Global Business
Global Business Bank India BOl (Amount in INR crores) Global Business Mix Q1FY23 7.74% YOY 11,18,481 Particulars Q1FY22 Q4FY22 Q1FY23 3.09% QOQ 10,84,910 Credit Deposit Ratio (Global) 66.52% 72.78% 74.56% 10,38,082 30.06.2021 31.03.2022 30.06.2022 Q1FY23 Global Deposit Q1FY23 Global Advances 2.78% Y
Slide 9: Deposits & Advances: Domestic & Overseas
%3T17T-41-wr s3P=Iff I t-Hcl Deposits & Advances: Domestic & Overseas Bank India BOl (Amount in INR crores) Domestic and Overseas Deposits Domestic and Overseas Advances 5,52,303 5,50,833 5,45,949 4,01,210 Q1FY23 3,93,991 -1.15% YOY 3,65,653 Q1FY23 9.72% YOY -0.89% QOQ 1.83% QOQ Q1FY23 Q1FY23 33.35%
Slide 10: Domestic Deposit - CASA
%3TT7T-41-wr 161cig Domestic Deposit - CASA Bank India BOl (Amount in INR crores) 30.06.2021 31.03.2022 30.06.2022 5.17% 5.78% 5.62% 49.52% 36.10% 49.85% 47.43% 38.22% 39.08% 9.21% 6.15% 7.88% CA SA TD- Bulk Deposits • TD- Others CA SA • TD- Bulk Deposits • TD- Others CA SA TD- Bulk Deposits TD- Oth
Slide 11: Composition of Gross Advances (Domestic)
%3T17T-41-wr s3P=Iff It-Hu Composition of Gross Advances (Domestic) Bank India BOl (Amount in INR crores) Particulars 30.06.2021 31.03.2022 30.06.2022 Growth YOY Agriculture 56,230 66,431 65,454 16.40% MSME 63,469 69,462 68,520 7.96% Retail 68,116 80,674 83,407 22.45% Corporate & Others 1,29,154 1,2
Slide 12: Composition of Retail Loans Portfolio
afic5ftn IBA! Composition of Retail Loans Portfolio Bank of India WV (Amount in INR crores) As on 30.06.2021 As on 31.03.2022 As on 30.06.2022 • Home loans 13% 12% • Vehicle loans 12% 4% 6% 7% Education loans 10% 9% 9% Mortgage loans 4% 59% 56% 3% 55% 10% 3% 13% 14% Personal loans Others incl. Staff
Slide 13: Priority Sector Advances
Priority Sector Advances Bank India BOl (Amount in INR crores) Parameters Mandated 30.06.2021 31.03.2022 30.06.2022 Target ANBC 3,50,644 3,51,206 3,50,418 Priority Sector 1,39,150 1,51,600 1,51,982 % To ANBC 40% 39.68% 41.55% 43.37% Agricuture 59,301 66,418 66,127 % To ANBC 18% 16.91% 18.00% 18.87%
Slide 14: Domestic Credit (Industry Wise)
.31T-:AT-aw Domestic Credit (Industry Wise) Bank India BOl (Amount in INR crores) Particulars 31.03.2022 % to 30.06.2022 % to Domestic Domestic Advances Advances Infrastructure 65,545 16.64% 65,963 16.44% Basic Metal & Metal products 10,845 2.75% 12,161 3.03% Textiles 7,386 1.87% 7,248 1.81% Gems &
Slide 15: Domestic Advances (Infrastructure Sectors)
Domestic Advances (Infrastructure Sectors) Bank India BOl (Amount in INR crores) Particulars 31.03.2022 30.06.2022 Power 44,584 44,585 a) SEBs 20,552 20,974 - Generation 8,946 9,211 - Transmission 1,620 2,615 - Distribution 9,986 9,148 b) Others 24,032 23,611 Roads and Ports 15,451 15,575 Telecom 38
Slide 16: Corporate Rating
Corporate Rating Bank India BOl 59% 56% 30% 30% 6% 4% 4% 4% 4% 4% r As on 31.03.2022 As on 30.06.2022 • Go vt. Exposure ■ Unrated • BB & Below • BBB • A & above Note: The External Rating distribution as above includes the Standard Domestic Advances above Rs 7.50 crores BUSINESS PERFORMANCE www.banko
Slide 17: Domestic Investments
Domestic Investments Bank India BOl (Amount in INR crores) Particulars 31.03.2022 30.06.2022 AFS HTM HFT AFS HTM HFT SLR Investments 26,336 1,02,202 (375) 33,847 99,921 124 Of Which: Government Securities 26,336 1,02,202 (375) 33,847 99,921 124 Other Approved - - - - - - Securities M Duration 0.47 -
Slide 18: Financial Performance
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Slide 19: Net Interest Income
Net Interest Income Bank India BOl (Amount in INR crores) Particulars Q1FY22 Q4FY22 Q1FY23 Interest Income 9,322 9,857 9,972 a. Advances 6,018 6,882 6,969 b. Investments 2,861 2,723 2,785 c. Money Market Operations & Others 443 252 218 Interest Expended 6,176 5,870 5,900 a. Deposits 5,870 5,457 5,45
Slide 20: Non-Interest Income
7,c„. ,3-70161c*-11 Non-Interest Income Bank India BOl (Amount in INR crores) Particulars Q1FY22 Q4FY22 Q1FY23 Commission, Exchange & Brokerage 239 293 286 Profit from Sale and Revaluation of 880 -111 -148 Investments Profit from Exchange Transactions 754 661 431 Recovery In W/o accounts 173 354 172
Slide 21: Operating Profit & Net Profit
Operating Profit & Net profit Bank India BOl (Amount in INR crores) Particulars Q1FY22 Q4FY22 Q1FY23 Operating Profit 2,749 2,466 2,183 Provisions for - Bad & Doubtful 873 1,135 1,304 - Standard Assets and others 899 83 23 - Dep. on Non-Performing Investment -119 323 -5 Total Provisions before Tax 1
Slide 22: Key Financial Ratios (Global Business)
Key Financial Ratios (Global Business) Bank India BOl Particulars 30.06.2021 31.03.2022 30.06.2022 Cost of Deposits (%) 3.79 3.54 3.49 Yield on Advances (%) 6.67 6.77 6.58 Cost of Funds (%) 3.42 3.22 3.23 Yield on Funds (%) 5.16 5.40 5.46 Net Interest Margin (NIM) (%) 2.16 2.58 2.55 - Domestic NIM (
Slide 23: Efficiency Ratios
arrTrA21-wr 61c+Icl Efficiency Ratios u3fioPgri D Bank of India IP Yields on Advances & Cost of Deposits (%) Yield on Funds & Cost of Funds (%) 7.0 6.67 6.77 6.58 6.0 6.5 5.40 5.46 5.5 5.16 6.0 5.0 5.5 5.0 4.5 4.5 4.0 4.0 3.79 3.54 3.49 3.42 3.5 3.22 3.23 3.5 3.0 3.0 Q1FY22 Q4FY22 Q1FY23 Q1FY22 Q4FY
Slide 24: Asset Quality
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Slide 25: Asset Quality Ratio
Asset Quality Ratio Bank India BOl (Amount in INR crores) Particulars 30.06.2021 31.03.2022 30.06.2022 Gross NPA 56,042 45,605 44,415 Net NPA 12,424 9,852 9,775 Gross NPA (%) 13.51% 9.98% 9.30% Net NPA (%) 3.35% 2.34% 2.21% Provision Coverage Ratio (%) 86.17% 87.76% 87.96% Slippage Ratio (%) 1.09 0.
Slide 26: Special Mention Accounts (SMA)
aiTwar aiwo ilockLici Special Mention Accounts (SMA) Bank India BOl (Amount in INR crores) SMA Position (Rs. 5 Cr and above) Mar-22 Jun-22 Parameters % to Gross % to Gross No Amount No AMT Adv Adv SMA 1 163 2,460 0.54% 87 947 0.20% SMA 2 30 530 0.12% 90 1,468 0.31% Total 193 2,990 0.65% 177 2,415 0.
Slide 27: Resolution Framework (Standard Restructuring)
7 /, ar7T-A"r ,39-31-ff c-Hcl Resolution Framework (Standard Restructuring) afic"P1'1B01 4 of India Bank (Amount in INR crores) Category Outstanding as on 30.06.2022 Provision % on Gross Resolution Resolution One Time Advances Framework 1.0 Framework 2.0 Restructuring Retail 408 5,034 - 544 MSME 1,1
Slide 28: Movement of Gross NPA / Net NPA
Movement of Gross NPA / Net NPA Bank India BOl (Amount in INR crores) Segment Q1FY22 Q4FY22 Q1FY23 Opening Balance 56,535 45,760 45,605 Add: - Fresh Slippage 3,528 1,502 2,465 - Debits in existing NPA accounts 325 326 368 Less: - Cash Recovery 851 1,329 1,219 - Upgradation 1,968 341 465 - Written Of
Slide 29: Asset Classification: Global Advances
Asset Classification : Global Advances Bank India BOl (Amount in INR crores) Sectoral As on 30.06.2021 As on 31.03.2022 As on 30.06.2022 O/s Share (%) O/s Share (%) O/s Share (%) Standard Advances 3,58,655 86.49% 4,11,408 90.02% 4,33,332 90.70% Gross NPA 56,042 13.51% 45,605 9.98% 44,414 9.30% - Sub
Slide 30: Summary of NCLT Cases (As on 30.06.2022)
arlwr s3P=Iff J-161t-Hu Summary of NCLT Cases (As on 30.06.2022) Bank India BOl (Amount in INR crores) No of Particulars Total Book O/s Provision held Provision Accounts 2 RBI List -1 1,457.96 1,457.96 100% 10 RBI List -2 2,064.20 2,064.20 100% 68 Cases filed and admitted in NCLT by our Bank 3,772.1
Slide 31: Capital & Shareholding
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Slide 32: Capital Adequacy
Capital Adequacy Bank India BOl (Amount in INR crores) Particulars 30.06.2021 31.03.2022 30.06.2022 Capital Adequacy - Basel III CET-1 Capital 34,565 42,695 42,164 Tier I Capital 35,917 44,047 43,516 Tier II Capital 9,286 8,206 7,664 Total Capital(CRAR) 45,203 52,253 51,180 Risk Weighted Assets 2,99
Slide 33: Shareholding Pattern (As on 30.06.2022)
• s3f1-71-41w aPiff t-(11 Shareholding Pattern (As on 30.06.2022) 6.11% 7.05% 5.43% CAPITAL & SHAREHOLDING 81.41% • Promoter (Government of India) • Life Insurance Corporation Indian public • Others Particulars Government of India Life Insurance Corporation Indian Public Others Total www.bankofindia
Slide 34: Digital Banking, Financial Inclusion, COVID Credit Support & ESG
41.W aTT7T- afic5 b ‘39-9- 4161,-k-I Bank of India Digital Banking, Financial Inclusion COVID Credit Support & ESG www.bankofindia.co.in 33
Slide 35: Alternate Delivery Channel
Alternate Delivery Channel Bank India BOl ATM & CRM (Actual Count) Internet banking Users (in thousands) 8,300 8,259 8,400 8,174 8,200 8,200 8,088 8,100 8,000 7,949 7,973 8,000 7,800 7,649 7,900 7,600 7,800 7,400 7,700 30.06.2021 31.03.2022 30.06.2022 4.54 Cr 7,200 30.06.2021 31.03.2022 30.06.2022 D
Slide 36: IT Initiatives and going forward
.1161c#N IT Intiatives and going forward BankofIndia BOI Universal Application • One solution, 3 offerings- Digital bank, marketplace, financial superstore with 300+ services for customers and to acquire new customers • Building a robust & scalable platform • Only ONE App for all needs – both for Re
Slide 37: IT Initiatives and going forward
.1161c#N IT Intiatives and going forward Bank India BOl • E-platform • Building customer acquisition platform for bank – end to end digitization. • Service asset, liability & 3rd party products • Self-service and assisted mode of operation • Grievance Management • Customer 360° persona creation with
Slide 38: Steps taken to enhance digital experience
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Slide 39: Steps taken to enhance digital experience
71- ar17.1-431--r .3-111d- •c- -1c1 Steps taken to enhance digital experience Bank India BOl • Boi ^ Q" Parameter Count MINN lwrica• WINN fanoo. • C., *OP* Total Number of BOI Mobile App Downloads 147,4,...alk ,11,-Ne brn ,54 • r.a., Slan....+41.9ans rwa DINJW.Itt Sabi Nmarn•s rip DOOTSTC-P 1 Cr+ me
Slide 40: Digital Banking - Way Forward
apia-1-E6 Digital Banking - Way Forward afic5 Bank of India b Steps Taken Steps Ahead Integration of Loyalty Integration of Loyalty Rewards in Mobile Rewards in Mobile Credit Credit Card Cardservices services through through Finacle Finacle Banking Banking DCMS DCMS Migration Migration Merchant Merc
Slide 41: Financial Inclusion – Products
Financial Inclusion – Products a*rk Bank of India BOI 4"- Deposit in PMJDY in Crores PMJJBY 11,048 11,074 40.00 21.01 15.00 16.54 9,511 10.00 5.50 30.06.2021 31.03.2022 30.06.2022 30.06.2021 31.03.2022 30.06.2022 Target (%) Achievement (%) PMSBY APY 45.41 93.00 40.00 36.12 70.00 30.00 25.00 17.57 35
Slide 42: COVID Credit Support
COVID Credit Support Bank India BOl Till 30.06.2022 (INR crores) ECLGS (1.0, 2.0, 3.0, 4.0 & ECLGS Extension) Number of Accounts Sanctioned 4,54,577 MICRO, SMALL & MEDIUM ENTERPRISES cr4 Troa-IT tii Ea Ai Total Amount disbursed 8197.27 PM SVANidhi Number of Accounts 2,57,760 Total Amount disbursed 2
Slide 43: Awards & Recognition
.3.Tritwr aPiff.1-16 ck9c1 Awards & Recognition air, b Bank of India EP Bank was awarded “Dr. Ambedkar Business Excellence Bank was awarded with “Runners-Up Award” in 140-* Awards”- FIRST PRIZE amongst PSBs under the Finacle Innovation Awards 2021 from M/s Infosys in DR.AMBEDICAR -11111ilikInfosys I
Slide 44: Environmental, Social & Governance (ESG) Practices
74-75- argfa. J-16I c*Icl Environmental, Social & Governance ( ESG) Practices afic5 Bank of India b Environment Social Governance • Credit flow to the companies • Bank is having RSETIs and Financial • Bank is committed to prudent engaged in Environment Friendly Literacy Centres for imparting Corpora
Slide 45: Disclaimer
Disclaimer Bank India BOl "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 here
Slide 46: Thank You!
Bank India BOl THANK YOU! www.bankofindia.co.in 45