Indian Bank · NSE:INDIANB
Indian Bank — Q2 FY24 Earnings Presentation
49 slides from Indian Bank's earnings presentation, Oct 26, 2023
Slide 1: Cover letter to exchanges: presentation on Q2 and H1 FY24 results
0344..{ - ap Indian Bank Ittemmic ALLAHABAD G2 ..4; 3-FF ITOR:rq , निवेशक सेवाएँ कक्ष INVESTOR SERVICES CELL Ref. No.: ISC/262/2023-24 Date: 26.10.2023 The Vice President The Vice President National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza,Bandra- Kurla Complex 25, P. J. Towers Bandra Ea
Slide 2: Performance Analysis Q2 / H1 FY24
#1,3---4*- dap Indian Bank G2Z Your own Bank, Always with You ALLAIIABAD YOUR OWN BANK, ALWAYS WITH YOU Agricultural Jewel Loan Transform Assets into Opportunities IB Corp SB Elite An eLITe space to park your salary .. Performance Analysis Locker Agreements Q2 / H1 FY24 Now available digitally.. Hom
Slide 3: Contents
.... ..... a •• Contents p Indian Bank rdTtirgrd MIAHABID ......... • 4 01 Performance Highlights 7 02 Business Snapshot 15 03 Financials 24 04 Capital & Risk Management 27 05 Asset Quality 34 06 Financial Inclusion 36 07 Digital Banking & Business Network 43 08 ESG, Group Entities & Awards 2/48 ti
Slide 4: Performance Highlights Q2 FY24
a13,e441 -4* ap Indian Bank a 4CHTUNT4 MIAHABLD .... ..... 01 Performance Highlights Q2 FY 24 ......... 3/48 BOO 425 00 000 www_inclionbank_in Follow us on 19 x C3 az EITI
Slide 5: Performance Highlights Q2 FY24 (YoY)
.... ..... I- a Performance Highlights Q2 FY24 (YoY) p Indian Bank G2 I ietrartrrwra MIAHABLD ......... • Business CASA : 7% Deposits Advances ₹ 11.33 lakh Cr ₹ 6.41 lakh Cr ₹ 4.92 lakh Cr SB: 8% 76.82% 10% 9% 12% Business ₹ 2.86 lakh Cr Retail ₹ 95371 Cr I ₹ 110404 Cr ₹ 80116 Cr ₹ 172790
Slide 6: Consistent Performance (QoQ)
.... ..... G2c). Consistent Performance (QoQ) 1 -&-ziPT -U- ap Indian Bank ......... A rdTtirgrd MIAHABLD ₹ in Cr Net Interest Income Operating Profit Net Profit 4303 5499 5508 5703 5741 1988 4135 4061 4016 1709 4684 1396 1447 1225 3629 Sep'22 Dec'22 Mar'23 Jun'23 Sep'23 Sep'22 Dec'22 Mar'23 Jun'23
Slide 7: Business Snapshot
PT -U- ap Indian Bank A wanrnra MIAHABLD .... ..... 02 • • O. Business Snapshot ......... 6/48 600 425 00 000 Follow us on C] X, C3 a= OM
Slide 8: Business Snapshot
.... ..... ap Indian Bank •• Business Snapshot •• G2g. rdTtirgrd MIAHABLD • ......... • ₹ in Cr Sl No Parameter 30.09.2022 30.06.2023 30.09.2023 Q-o-Q (%) YoY (%) Domestic Deposits 1 Deposits 588860 621539 640803 3 9 Domestic Deposits 577455 601957 619969 Domestic 577455 601957 619969 3 7 Domestic C
Slide 9: Advances (Domestic)
.... ..... Amur-4 a p Indian Bank MIAHABLD •... . . . . . . . • • Advances (Domestic) •• G2 „.. ₹ in Cr Sector 30.09.2022 30.06.2023 30.09.2023 YoY (%) Retail 30.09.2022 30.06.2023 30.09.2023 YoY (%) Home Loan (Incl.Mortgage loans) 55309 60746 62289 13% Gross Advances-Domestic 411498 450634 458681 1
Slide 10: Priority Sector Lending
.... ..... a p Indian Bank •• O. Priority Sector Lending •• .6, rotrrwra MIAHABLD ......... • ₹ in Cr Achievement RBI Benchmark Segment (as on 30.09.23) Mandatory Target (Excluding PSLC) (as % of ANBC) Amount % All the mandatory Priority Sector 40.00% 153499 164341 42.83% targets stipulated by RBI u
Slide 11: Sector Deployment – Domestic Advances
cip .... ..... -4* PITtrrwrd Indian Bank • O. Sector Deployment – Domestic Advances • ......... • ₹ in Cr % share % share Sector 30.09.2022 to Gross 30.09.2023 to Gross Advances Advances Infrastructure 57009 14 55999 12 of which Power 18629 5 19593 4 Port and Road Project 9064 2 9133 2 Other infrast
Slide 12: Standard Domestic Credit
.... ..... Standard Domestic Credit PT -U- ap Indian Bank •• • Amur-4 MIAHABLD O. ......... • • ₹ in Cr External Rating 30.09.2022 30.06.2023 30.09.2023 (More than ₹10 Cr; For CRE > ₹5 Cr) Exposure % to Total Exposure % to Total Exposure % to Total 1. Rated Exposure AAA 35356 15% 48166 20% 42275 18%
Slide 13: Standard NBFC Advances
.... ..... G2c). •• 1 -&-ziPT -U- ap Indian Bank • • Standard NBFC Advances A rdTtirgrd MIAHABLD e.io. . . . . . . . • ₹ in Cr Standard NBFC 30.09.2022 % 30.06.2023 % 30.09.2023 % NBFC - PSUs 6190 11% 6259 10% 4832 8% NBFC - HFCs 22850 39% 24442 38% 23891 37% NBFC - MFIs 2116 4% 2049 3% 1824 3% NBFC
Slide 14: Investments (Domestic)
.... ..... a p Indian Bank 0• Investments (Domestic) •• • • rdTtirgrd ......... MIAHABLD • ₹ in Cr Details 30.09.2022 30.06.2023 30.09.2023 YoY (%) AFS Book (YoY) SLR Investments 147112 150919 160699 9 Of which 30.09.22 Central Government Securities 93280 92054 98801 6 8% State Government Securities
Slide 15: Financials
PT -U- ap Indian Bank A rdTtirgrd MIAHABLD .... ..... 03 Financials ......... 14/48 BOO 425 00 000 www_inclionbank_in Follow us on 19 x C3 az EITI
Slide 16: Operating Profit & Net Profit
.... ..... G2c). 1 Operating Profit & Net Profit •• -&-ziPT -U- ap Indian Bank A rdTtirgrd MIAHABLD ......... • ₹ in Cr Quarter Ended Half Year Ended Year Ended Sl No Components 30.09.2022 30.06.2023 30.09.2023 Q-o-Q (%) YoY (%) 30.09.2022 30.09.2023 YoY (%) 31.03.2023 1 Interest Income 10710 13049
Slide 17: Income
.... ..... G2c). 1 -&-ziPT -U- ap Indian Bank Ai 0• Income 41° •• rdTtirgrd ......... MIAHABLD • • ₹ in Cr Quarter Ended Half Year Ended Year Ended Sl No Components 30.09.2022 30.06.2023 30.09.2023 QoQ (%) YoY (%) 30.09.2022 30.09.2023 YoY (%) 31.03.2023 1 Interest Income on Advances and Discount on
Slide 18: Fee Income
.... ..... G2c). 1 -&-ziPT -U- ap Indian Bank A rdTtirgrd MIAHABLD Fee Income •• ......... • ₹ in Cr Quarter Ended Half Year Ended Year Ended Sl No Components 30.09.2022 30.06.2023 30.09.2023 Q-o-Q (%) YoY (%) 30.09.2022 30.09.2023 YoY (%) 31.03.2023 1 Transaction fees 189 170 209 23 11 377 379 1 70
Slide 19: Expenses
.... ..... -&-ziPT -U- ap Indian Bank Ai rdTtirgrd MIAHABLD S.Expenses •• •• ......... • ₹ in Cr Quarter Ended Half Year Ended Year Ended Sl No Components 30.09.2022 30.06.2023 30.09.2023 Q-o-Q (%) YoY (%) 30.09.2022 30.09.2023 YoY (%) 31.03.2023 1 Interest on deposits 5597 6885 7579 10 35 10946 144
Slide 20: Overhead Expenses
.... ..... G2c). 1 -&-ziPT -U- ap Indian Bank A rdTtirgrd MIAHABLD O. S. Overhead Expenses •• ......... • ₹ in Cr Quarter Ended Half Year Ended Year Ended Sl No Components 30.09.2022 30.06.2023 30.09.2023 Q-o-Q (%) YoY (%) 30.09.2022 30.09.2023 YoY (%) 31.03.2023 1 Rent, Taxes & Lighting 162 153 164
Slide 21: Provisions & Net Profit
.... ..... G2c). 1 -&-ziPT -U- ap Indian Bank A rdTtirgrd MIAHABLD O. S. Provisions & Net Profit •• ......... • • ₹ in Cr Quarter Ended Half Year Ended Year Ended Sl No Components 30.09.2022 30.06.2023 30.09.2023 Q-o-Q (%) YoY (%) 30.09.2022 30.09.2023 YoY (%) 31.03.2023 1 Operating Profit 3629 4135
Slide 22: Performance Ratios
.... ..... G2c). 1 -&-ziPT -U- ap Indian Bank A rdTtirgrd MIAHABLD O. S. Performance Ratios •• ......... • % Annualised Sl Quarter Ended Half year Ended Year Ended Ratios No 30.09.2022 30.06.2023 30.09.2023 30.09.2022 30.09.2023 31.03.2023 1 Cost of Deposits 4.02 4.60 4.89 3.93 4.75 4.09 2 Cost of F
Slide 23: Performance Ratios
.... ..... G2c). 1 •• Performance Ratios PT -U- ap Indian Bank ill rdTtirgrd MIAHABLD — • •• ......... % Annualised • Quarter Guar ta performance porkormen4 . Cost of Deposits Yield on Advances Cost of Funds Yield on Funds 8.15 8.27 8.53 8.75 7.27 7.48 4.60 4.89 4.02 4.75 4.97 4.05 QE Sep 22 QE Jun
Slide 24: Capital & Risk Management
PT -U- ap Indian Bank Ai rdTtirgrd MIAHABLD .... ..... 04 Capital & Risk Management ......... 23/48 BOO 425 00 000 www_inclionbank_in Follow us on 19 x C3 az EITI
Slide 25: Capital & Risk Management
.... ..... a •• G2Z „.. S. Capital & Risk Management p Indian Bank wanrnra MIAHABLD O. ......... • ₹ in Cr CRAR % Parameters 30.09.2022 30.06.2023 30.09.2023 CRAR 16.15% 15.78% 15.53% Total Capital 50991 54898 54931 Common Equity Tier I (CET 1) 38709 42834 42680 Tier II 3.26% 2.90% 2.90% AT I 0.63%
Slide 26: Share Holding & External Ratings
.... ..... G2g. airdnumg illap Indian Bank MIAHAESILD • Share Holding & External Ratings • ......... • As on 30.09.23 Ratings Mutual Funds: 8.01% Issuer Credit Rating (Global) Government of India 79.86% Resident Individual: 3.02% Shareholding Pattern % S & P Global Ratings ■ Insurance Companies: 3.3
Slide 27: Asset Quality
PT -U- ap Indian Bank A rdTtirgrd MIAHABLD .... ..... 05 Asset Quality • ......... 26/48 BOO 425 00 000 www_inclionbank_in Follow us on 19 x C3 az EITI
Slide 28: Asset Quality
.... ..... 1 PT -U- ap Indian Bank Atrartrrwra MIAHABLD O . 5_ Asset Quality •• ......... • Amount ₹ Cr i I 31959 Gross NPA Net NPA 7.30 Gross NPA Net NPA % '---"- - ---......,126227 24488 5.47 4.97 6174 1.50 3198 2826 0.70 0.60 QE Sep 22 QE Jun 23 QE Sep 23 QE Sep 22 QE Jun 23 QE Sep 23 L Annualise
Slide 29: Movement of NPA
.... ..... a p Indian Bank 0* 0• Movement of NPA G2Z „.. airdnug ......... MIAHABLD • • ₹ in Cr Quarter Ended Half Year Ended Year Ended S No Details 30.09.2022 30.06.2023 30.09.2023 30.09.2022 30.09.2023 31.03.2023 1 Gross NPA opening balance 34573 28180 26227 35214 28180 35214 ADDITIONS : Fresh sl
Slide 30: NPA Position - Sector-wise
.... ..... -&-ziPT -U- ap Indian Bank iirdnrrird MIAHABLD S.NPA Position - Sector-wise • • •• ......... • ₹ in Cr 30.09.2022 30.06.2023 30.09.2023 S % to % to % to Sector Gross Gross Gross No respective respective Outstanding respective NPA NPA NPA portfolio portfolio portfolio 1 Retail Credit 3568
Slide 31: NCLT & NARCL
.... ..... G2c). •• 1 NCLT & NARCL -&-ziPT -U- ap Indian Bank Ai rdTtirgrd O. MIAHABLD S. ......... • ₹ in Cr 30.09.2023 Category No.of Accounts Exposure Provision PCR% RBI List I 6 1400 1400 100% NCLT RBI List II 10 2854 2854 100% Accounts filed by Bank 23 1328 1328 100% Accounts filed by other Ban
Slide 32: SMA Position
.... ..... G2c). 1 SMA Position -&-ziPT -U- ap Indian Bank Amur-4 MIAHABLD ......... ₹ in Cr ₹5 Cr and above 30.06.2023 30.09.2023 % 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 Standar
Slide 33: COVID Restructuring – Sector-wise
.... ..... a p Indian Bank G2g. .6, rotrrwra MIAHABLD COVID Restructuring – Sector-wise ......... ₹ in Cr Reduction during the Addition during the QE Sep'23 quarter Sep'23 Outstanding as Outstanding as Addition (Interest/ Recovery on 30.06.2023 Upgradation on 30.09.2023 Provision Sector Additional P
Slide 34: Financial Inclusion
PT -U- ap Indian Bank A rdTtirgrd MIAHABLD .... ..... Financial Inclusion • 06 1 ......... 33/48 BOO 425 00 000 www_inclionbank_in Follow us on 19 x C3 az EITI
Slide 35: Financial Inclusion
.... ..... G2c). 1 S.Financial Inclusion &-ziPT -U- ap Indian Bank - A rdTtirgrd MIAHABLD •• ......... 0 • • Number of Enrolments (in Lakhs) S No FI Parameters Sep'22 Jun'23 Sep'23 1 BCs engaged (Nos.) 10256 10805 10825 125 • Sep'22 111 Jun'23 2 BSBD Accounts (No. in lakhs) 277 294 300 90 • Sep'23 3
Slide 36: Digital Banking & Business Network
PT -U- ap Indian Bank A rdTtirgrd MIAHABLD .... ..... 07 .• Digital Banking & Business Network O. ......... • 35/48 BOO 425 00 000 www_inclionbank_in Follow us on 19 x C3 az EITI
Slide 37: Migration to Digital Channels
PT -U- ap Indian Bank .... ..... G214 1 ii trogrwra MIAHABID Migration to Digital Channels ......... Digital Migration Dvital Hoileation YoY 86% 82% 4% 4. r • ATM, BNA & Digital Transactions I I r Branch I Transactions I I 18% I I 14% I I 1 II IM 1 . J QE Sep 22 QE SEP 23 Transactions through ATM, B
Slide 38: Digital Banking
.... ..... airdnrrird a p Indian Bank MIAHABLD Digital Banking •• G2 ......... • Mobile Banking In lakhs UPI Users Transactions Users Transactions YoY 17% YoY YoY 34% 47% YoY 159 154 7989 151 65% 135 115 102 4846 Sep-22 Sep-23 QE Sep 22 QE Sep 23 Sep-22 Sep-23 QE Sep 22 QE Sep 23 Net Banking Users D
Slide 39: New Digital Initiatives
.... ..... 1 ti'd-QPT -&- illap Indian Bank A trotrrwra MIAHABID O. IP New Digital Initiatives • G2c). ......... • • 63 Digital Journeys eBusiness: ₹ 29117 Cr (RAM: ₹24205 Cr + Deposits: ₹4912 Cr) Retail IA Agriculture MSME il • Pre-Approved Personal Loan (PAPL): • Digital KCC: Renewal through Net •
Slide 40: Digital Enablers & Initiatives
illap Indian Bank .... ..... • • G2fl WHTFIWT4 MIAHABLD Digital Enablers & Initiatives ......... • • • • AMRUT 2.0 (Atal Mission for Bank signs agreement with NSDL IMPS Rejuvenation and Urban Transformation)SNA Dash Database Management Limited for board for Kerala providing online payment gateway
Slide 41: Business Network
.... ..... a p Indian Bank •• G2 Oe Business Network Atranfigg MIAHABLD 0° ......... • Domestic 9 Region-wise Overseas Branches LCBs Branches (including 3 DBUs)1 5819 3 + 1 IBU 51 26 RACs MCBs Northern Processing Centres ATMs & BNAs Business & Correspondents Verticals 692 4866 141 10825 15 77 SAM MA
Slide 42: Staff Position & HRM Initiatives
illap Indian Bank .... ..... G2g. Staff Position & HRM Initiatives 0. A wanrrird MIAHABLII. •• ......... • • • Average % of Domestic- 30.09.23 Total Male Female age of staff Female Officers 25918 18634 7284 37 28% Clerks 12340 7859 4481 38 36% Sub-staff 2307 1986 321 46 14% Full Time Sweepers 255 19
Slide 43: ESG, Group Entities & Awards
PT -U- ap Indian Bank A rdTtirgrd MIAHABLD .... ..... 08 ESG, Group Entities & Awards ......... 42/48 BOO 425 00 000 www_inclionbank_in Follow us on 19 x C3 az EITI
Slide 44: Environmental, Social & Governance
.... ..... ap Indian Bank G2 l&rdnrrird MIAHABLD •• Environmental, Social & Governance • r ......... • Environmental Social Governance Promoting sustainable environmental practices Creating values for inclusive livelihood Transparence in business Policy on Green Deposits incentivizes eco- Rural Deve
Slide 45: Joint Venture & Subsidiary
.... ..... .6, rotrrwra illap Indian Bank MIAHAESILD •• O. Joint Venture & Subsidiary •• ......... • 30.09.2023 (Provisional) Joint venture Subsidiary In the business of Stock Broking & DP Listed on NSE and BSE Universal Sompo General Insurance ilarne$1,..pka SMM1 • Indbank Bank’s shareholding
Slide 46: Regional Rural Banks (RRBs)
.... ..... G2c). 4115 Indian Bank -• •• rdTtirgrd MIAHABID O• Regional Rural Banks (RRBs) ......... • ₹ in Cr L.645rr6) an 6-1A4 TAMIL NADU GRAMA BANK Sapiagiri Grameena Bank ( Sponsored by Indian Sank ) PUDUVAI BHARATHIAR GRAMA BANK (A Gowern moot own ad Bonk Spprisprdpg1 by Inrdiorr Scri-rk ) rsa
Slide 47: Awards & Accolades
.... ..... a p Indian Bank • Awards & Accolades 0° A WONT-4 MIAHABLD ......... O. •I SPORTS EXEMPLARY AWARD OF PAR EXCELLENCE MD & CEO Shri S L Jain felicitating APY LEADESRHIP PINNACLE Shri L M Manoj, staff for representing (Campaign for MD & CEO of banks) Bank topped all PSBs with achievement Indi
Slide 48: Disclaimer
PT -U- ap Indian Bank .... ..... A rdTtirgrd MIAHABLD 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
Slide 49: Thank you
rffrarara a p Indian Bank MIAHABLD G2C1. Thank you A dkjital friend for banking assistance IL:800425 00 000 www_inclionbank_in Follow us on 19 x C az OM