Indian Bank · NSE:INDIANB
Indian Bank — Q1 FY2024 Earnings Presentation
50 slides from Indian Bank's earnings presentation, Jul 27, 2023
Slide 1: Cover letter: Presentation on Q1 FY2023-24 results
0344..{ - ap Indian Bank Ittemmic ALLAHABAD G2 ..4; 3-FF ITOR:rq , निवेशक सेवाएँ कक्ष INVESTOR SERVICES CELL Ref: ISC/135/2023-24 Date: 27.07.2023 The Vice President The Vice President National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza,Bandra- Kurla Complex 25, P. J. Towers Bandra East, M
Slide 2: Performance Analysis Q1 FY24
or3e4.14* Altp Indian Bank Tais, G2 Your own Bank, Always with You Azad! Ka Arndt Ma hotsav IB Home loan Knock Knock! Your own house calling! Performance Performance Analysis Analysis Q1 FY24 Qi FY24 e-Deposits One tap to a secure future Rupay Select Credit Card Treat yourself with the choice of lux
Slide 3: Contents
............. 7/71.500.-- G2C Contents inp Indian Bank ••-!'",""'-' ardnmig MIAHABID Azad! Ka Amrit Ma hotsav .............. 1 Performance Highlights 4 2 Business Snapshot 7 3 Financials 15 4 Capital & Risk Management 24 5 4. Asset Quality 27 6 Financial Inclusion 35 7 Digital Banking & Business Net
Slide 4: Performance Highlights Q1 FY24
inp Indian Bank G2C ardnmig MIAHABID Azad! Ka Amrit Ma hotsav ............. 01 Performance Highlights Q1 FY24 .............. 3/49
Slide 5: Performance Highlights Q1 FY24 (YoY)
............. Performance Highlights Q1 FY24 (YoY) G2 inp Indian Bank rdTtirgrd MIAHABID Azadi Ka .............. Amrit Ma hotsav Business Deposits Advances CASA : 5% CD Ratio ₹ 11.01 lakh Cr ₹ 6.22 lakh Cr ₹ 4.79 lakh Cr SB: 6% 77.13% 9% 6% 13% CA: 1% Business RAM Retail Agriculture MSME C
Slide 6: Consistent Performance (QoQ)
............. 7r, Consistent Performance (QoQ) G2 inp Indian Bank • rdTtirgrd MIAHABID Azad! Ka .............. Amrit Ma hotsav ₹ in Cr Net Interest Income Operating Profit Net Profit 5499 5508 5703 4135 1709 4061 4684 4016 1396 1447 4534 1213 1225 3629 3564 Jun'22 Sep'22 Dec'22 Mar'23 Jun'23 Jun'22
Slide 7: Business Snapshot
inp Indian Bank 7 7,••800.-- G2C iirdrtrrwra MIAHABID Azad! Ka Amrit Ma hotsav fa ............ 02 Business Snapshot . .............. 6/49
Slide 8: Business Snapshot
............ 7,••800.-- Business Snapshot 7 G2 inp Indian Bank iirdnrrird MIAHABID . Azad! Ka .............. ₹ in Cr Amrit Ma hotsav fa Sl No Parameter 30.06.2022 31.03.2023 30.06.2023 Q-o-Q (%) YoY (%) DOMESTIC DEPOSITS 1 Deposits 584251 621166 621539 0.1 6 Domestic 608027 601957 Domestic 574119 60
Slide 9: Advances (Domestic)
• \ ............ Advances (Domestic) G2 inp Indian Bank l&rdnrrird MIAHABID . Azad! Ka .............. Amrit Ma hotsav ₹ in Cr fa Retail 30.06.2022 31.03.2023 30.06.2023 YoY (%) Sector 30.06.2022 31.03.2023 30.06.2023 YoY (%) Home Loan (Incl.Mortgage loans) 53438 59840 60746 14% Gross Advances-Domest
Slide 10: Priority Sector Lending
............ G2 Priority Sector Lending inp Indian Bank iirdnmig MIAHABID . Azad! Ka .............. Amrit Ma hotsav fa ₹ in Cr Achievement RBI Benchmark Segment (as on 30.06.23) Mandatory Target (Excluding PSLC) (as % of ANBC) Amount % Priority Sector 40.00% 145301 160863 44.28% Agriculture 18.00% 6
Slide 11: Sector Deployment – Domestic Advances
............. G2 Sector Deployment – Domestic Advances Indian Bank 777 0141Wrirg Azad! Ka • .............. Amrit Ma hotsav ₹ in Cr % share % share Sector 30.06.2022 to Gross 30.06.2023 to Gross Advances Advances Infrastructure 58204 14 55893 12 Power 18557 5 19597 4 Port and Road Project 8980 2 8762
Slide 12: Standard Domestic Credit
............ G2C Standard Domestic Credit . inp Indian Bank ardnmig MIAHABID Azad! Ka .............. Amrit Ma hotsav ₹ in Cr External Rating 30.06.2022 31.03.2023 30.06.2023 (More than ₹10 Cr; For CRE > ₹25 Cr) Exposure % to Total Exposure % to Total Exposure % to Total 1. Rated Exposure AAA 30966 1
Slide 13: Standard NBFC Advances
............ 7 -7 • 5 Standard NBFC Advances . inp Indian Bank G2 a 1 1Nn, ardnmig MIAHAESILD 4* ₹ in Cr AziarKa Amrit Ma hotsav .............. Standard NBFC 30.06.2022 % 31.03.2023 % 30.06.2023 % NBFC - PSUs 5445 11% 6102 9% 6259 10% NBFC - HFCs 21651 42% 24341 37% 24442 38% NBFC - MFIs 2168 4% 210
Slide 14: Investments (Domestic)
............ G2 Investments (Domestic) . inp Indian Bank iirdnmig MIAHABID Azad! Ka ₹ in Cr .............. Amrit Ma hotsav fa Details 30.06.2022 31.03.2023 30.06.2023 YoY (%) AFS Book (YoY) SLR Investments 146638 148627 150919 2.92 30.06.22 Of which 11% Central Government Securities 89357 94158 9205
Slide 15: Financials
inp Indian Bank G2C ardnmig MIAHABID Azad! Ka Amrit Ma hotsav ............ 03 Financials . .............. 14/49
Slide 16: Operating Profit & Net Profit
............ 7 7,••800.-- G2 Operating Profit & Net Profit inp Indian Bank rdTtnird MIAHABID . Azad! Ka .............. ₹ in Cr Amrit Ma hotsav fa Quarter Ended Year Ended Sl No Components 30.06.2022 31.03.2023 30.06.2023 Q-o-Q (%) YoY (%) 31.03.2023 1 Interest Income 10154 12244 13049 7 29 44942 2 I
Slide 17: Income
............ 7 7,••800.-- G2 Income inp Indian Bank rdTtnird MIAHABID . Azad! Ka .............. ₹ in Cr Amrit Ma hotsav fa Quarter Ended Year Ended Sl No Components 30.06.2022 31.03.2023 30.06.2023 QoQ (%) YoY (%) 31.03.2023 1 Interest Income on Advances and Discount on Bills 7105 8850 9603 9 35 319
Slide 18: Fee Income
............ 7 7,••800.-- G2 Fee Income inp Indian Bank rdTtnird MIAHABID . Azad! Ka .............. Amrit Ma hotsav fa ₹ in Cr Quarter Ended Year Ended Sl No Components 30.06.2022 31.03.2023 30.06.2023 Q-o-Q (%) YoY (%) 31.03.2023 1 Transaction fees 188 164 170 4 -10 704 2 Loan processing charges 13
Slide 19: Expenses
............ 7 7,••800.-- G2 Expenses inp Indian Bank rdTtnird MIAHABID . Azad! Ka .............. Amrit Ma hotsav fa ₹ in Cr Quarter Ended Year Ended Sl No Components 30.06.2022 31.03.2023 30.06.2023 Q-o-Q (%) YoY (%) 31.03.2023 1 Interest on deposits 5349 6327 6885 9 29 23184 2 Interest on borrowin
Slide 20: Overhead Expenses
............ 7 7,••800.-- G2 Overhead Expenses inp Indian Bank rdTtnird MIAHABID . Azad! Ka .............. Amrit Ma hotsav fa ₹ in Cr Quarter Ended Year Ended Sl No Components 30.06.2022 31.03.2023 30.06.2023 Q-o-Q (%) YoY (%) 31.03.2023 1 Rent, Taxes & Lighting 128 172 153 -11 20 621 2 Depreciation
Slide 21: Provisions & Net Profit
............ 7 7,••800.-- G2 Provisions & Net Profit inp Indian Bank rdTtnird MIAHABID . Azad! Ka .............. Amrit Ma hotsav fa ₹ in Cr Quarter Ended Year Ended Sl No Components 30.06.2022 31.03.2023 30.06.2023 Q-o-Q (%) YoY (%) 31.03.2023 1 Operating Profit 3564 4016 4135 3 16 15271 2 Total Pro
Slide 22: Performance Ratios
............ 7 7,••800.-- G2 Performance Ratios inp Indian Bank rdTtnird MIAHABID . Azad! Ka .............. Amrit Ma hotsav fa Annualised Sl Quarter Ended Year Ended Ratios No 30.06.2022 31.03.2023 30.06.2023 31.03.2023 1 Cost of Deposits 3.85 4.33 4.60 4.09 2 Cost of Funds 3.83 4.44 4.75 4.14 3 Cos
Slide 23: Performance Ratios
............ G2 Performance Ratios inp Indian Bank ardnmig MIAHABID . Azad! Ka .............. Arndt Ma hotsav % annualised Cost of Deposits Yield on Advances Cost of Funds Yield on Funds Return on Assets (RoA) Return on Average Networth (RoE) 8.53 8.17 8.15 7.91 17.88 7.16 6.89 15.48 14.18 4.33 4.60
Slide 24: Capital & Risk Management
inp Indian Bank G2C ardnmig MIAHABID Azad! Ka Amrit Ma hotsav ............ Capital & Risk Management CO 1 04 . .............. 23/49
Slide 25: Capital & Risk Management
............ G2C Capital & Risk Management inp Indian Bank ardnmig MIAHABID . Azad! Ka .............. Amrit Ma hotsav ₹ in Cr CRAR % Parameters 30.06.2022 31.03.2023 30.06.2023 16.51% 16.49% 15.78% CRAR Total Capital 50993 54992 54898 Common Equity Tier I (CET 1) 38680 42984 42834 Tier II 3.34% U 3.
Slide 26: Share Holding
............ 7 7,••800.-- G2 Share Holding inp Indian Bank iirdnrrira MIAHABID . Azad! Ka .............. Amrit Ma hotsav fa 30.06.23 Mutual Funds: 7.89% Government of India 79.86% Resident Individual: 3.44% Insurance Companies:3.36% FPI,FII, NRI & AIF: 4.45% Employees: 0.63% HUF,Trusts, Body Corpora
Slide 27: Asset Quality
inp Indian Bank G2 l& rdnrrird MIAHABID Azad! Ka Amrit Ma hotsav fa ............ 05 Asset Quality . .............. 26/49
Slide 28: Asset Quality
............ 7 G2 Asset Quality illap Indian Bank .3 ' r";••5•00 iirdnrrird MIAHABID . Azad Ka .............. Arndt Ma hotsav Amount ₹ Cr Gross NPA Net NPA Gross NPA Net NPA % 34573 8.13 28180 5.95 26227 5.47 8471 2.12 4044 3198 0.90 0.70 QE Jun 22 QE Mar 23 QE Jun 23 QE Jun 22 QE Mar 23 QE Jun 23 A
Slide 29: Movement of NPA
............ G2C Movement of NPA inp Indian Bank ardnmig . Azad! Ka ₹ in Cr MIAHABID .............. Amrit Ma hotsav Quarter Ended Year Ended S No Details 30.06.2022 31.03.2023 30.06.2023 31.03.2023 1 Gross NPA opening balance 35214 29484 28180 35214 ADDITIONS : Fresh Slippages 2885 2566 1753 6642 Fr
Slide 30: NPA Position - Sector-wise
............ G2 NPA Position - Sector-wise. inp Indian Bank l& rdnrrird MIAHABID Azad! Ka .............. ₹ in Cr Amrit Ma hotsav 30.06.2022 31.03.2023 30.06.2023 S % to % to % to Sector Gross Gross Gross No respective respective Outstanding respective NPA NPA NPA portfolio portfolio portfolio 1 Reta
Slide 31: NCLT & NARCL
............ G2C NCLT & NARCL inp Indian Bank ardnmig MIAHABID . Azad! Ka .............. Amrit Ma hotsav ₹ in Cr 30.06.2023 Category No.of Accounts Exposure Provision PCR% NCLT RBI List I 6 1398 1398 100% RBI List II 9 2800 2800 100% Accounts filed by Bank 24 1452 1452 100% Accounts filed by other B
Slide 32: SMA Position
............ G2C SMA Position inp Indian Bank ardnmig MIAHABID . Azad! Ka .............. Amrit Ma hotsav ₹5 Cr and above ₹ in Cr 31.03.2023 30.06.2023 % 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 Advanc
Slide 33: Collection Efficiency
............. G2C Collection Efficiency inp Indian Bank ardnmig MIAHABID Azad! Ka .............. Amrit Ma hotsav Corporate 99% 99% 99% Collection efficiency from Jun'22 to Jun'23 Retail 96% 95% 94% Sector Jun-22 Mar-23 Jun-23 94% 94% 92% Retail 96% 94% 94% MSME 90% Agriculture 90% 92% 90% Agricultur
Slide 34: COVID Restructuring – Sector-wise
............. G2C COVID Restructuring – Sector-wise inp Indian Bank ardnmig MIAHABID Azad! Ka .............. Amrit Ma hotsav ₹ in Cr Reduction during the Addition during the QE Jun'23 quarter Jun'23 Outstanding as Outstanding as Addition (Interest/ Recovery on 31.03.23 Upgradation on 30.06.2023 Prov
Slide 35: Financial Inclusion
inp Indian Bank 7 7,••••••.- G2C iirdrtrrwra MIAHABID Azad! Ka Amrit Ma hotsav ............ 06 Financial Inclusion . .............. 34/49
Slide 36: Financial Inclusion
............ G2 Financial Inclusion inp Indian Bank . 7 • rdTtnird MIAHABID Azad! Ka .............. Amrit Ma hotsav fa S No FI Parameters Jun'22 Mar'23 Jun'23 1 BCs engaged (Nos.) 9892 10750 10805 • Balance per PMJDY account stands at ₹4470 in comparison to industry average at ₹4026 2 BSBD Accounts
Slide 37: Digital Banking & Business Network
inp Indian Bank 7 7,••800.-- G2 iirdnrrira MIAHABID Azad! Ka Amrit Ma hotsav fa ............. 07 Digital Banking & Business Network .............. id* 36/49
Slide 38: Migration to Digital Channels
............. 7 7,••••••.-- G2C Migration to Digital Channels inp Indian Bank l&rdnrrird MIAHABID Azad! Ka .............. Amrit Ma hotsav fa Digital D6rtal Migration iftr atom YoY 85% 78% 7% .............. ATM, BNA & Digital Transactions 22% Branch Transactions 15% QE JUN 22 QE JUN 23 Transactions t
Slide 39: Digital Banking
............ G2C Digital Banking 4115 Indian Bank trogrwra MIAHABID . Azad! Ka • An: .............. it Mahotsav In lakhs Mobile Banking UPI Users Transactions Users Transactions YoY YoY 18% 36% YoY 33% YoY 131 138 85% 7574 142 96 117 ;107 4096 ••• Or Jun-22 Jun-23 Jun-22 Jun-23 Jun-22 Jun-23 Jun-22
Slide 40: New Digital Initiatives
............ G2 New Digital Initiatives inp Indian Bank WHTFIWT4 MIAHABID . Azad! Ka • .............. et Amrit Ma hotsav UMW WWI • • Digital (eBusiness RETAIL AGRICULTURE 36 Journeys 1. Pre-Approved Personal Loan (PAPL) - Journeys ₹ 9179 Cr 1. Digital KCC Renewal (Net Banking / Mobile Salaried & Pen
Slide 41: Digital Enablers
............ G2 Digital Enablers inp Indian Bank 7/7maie-- rdTtirgrd MIAHABID . Azad! Ka .............. Amrit Ma hotsav Electronic Bank Guarantee (issuance of e-BG with digital document execution (DDE) through NeSL platform). e-Stamping of revised locker agreement with digital document execution.
Slide 42: Business Network
............ 41110 Business Network "4- Indian Bank Ardnragg AtIA9A11° . Azad i Amrit mKa a hotsav .............. IF-en7 Domestic Region-wise ATMs & 9 Branches BNAs LCBs 5798 (Including 4804 26 3 DBUs) MCBs 15 Processing Northern SAM Centres & Verticals Overseas 690 Business Branches 72 Corresponden
Slide 43: Staff Position & HRM Initiatives
............. G2 Staff Position & HRM Initiatives inp Indian Bank 7 • rdTtnird MIAHABID Azad! Ka .............. Amrit Ma hotsav fa Average % of Domestic- 30.06.23 Total Male Female age of staff Female Officers 25632 18443 7189 37 28% Clerks 12500 8010 4490 38 36% Sub-staff 2347 2021 326 46 14% Full
Slide 44: ESG, Group Entities & Awards
inp Indian Bank G2C ardnmig MIAHABID Azad! Ka Amrit Ma hotsav ............ 08 ESG, Group Entities & Awards . .............. 43/49
Slide 45: Environmental, Social & Governance
............. igtp Indian Bank G2rit Environmental, Social & Governance 0.4PT Airffrelwr4 MIAHARD .............. AAZ mr 7 ra r Ma liKahotsav Oxe eART:•41 C.Me IAN. • 0.111fLIUM Governan ce Well defined policies and SOPS • Customer Rights Policy. • Whistle Blower Policy. Social _war • Policy for Prev
Slide 46: Joint Venture & Subsidiary
............ 7 -17• 5 Joint Venture & Subsidiary. Indian Bank G2fit 4* INDIA eirdltumg MIAHABLD AziarKa .............. Amrit Ma hotsav 30.06.2023 (Provisional) Joint venture Subsidiary r AZIK Universal Sompo General Insurance So.ksha, .arnesha .000 544,11 Consortium of credible Public & Private Co
Slide 47: Regional Rural Banks (RRBs)
............ G2C Regional Rural Banks (RRBs) ed-ziPT U lip Indian Bank APrrtrrwra MIAHAEMD . Azad! Ka • .............. Amrit Ma hotsav L.645rr6) a9rjrafi GIA441 Sapiagiri Grameena Bank PUDUVAI BHARATHIAR ₹ in Cr TAMIL NADU GRAMA BANK (A Gowern moot own ad Bonk Sponsored by Inrdiorr Scrrar ) ( Sponso
Slide 48: Awards & Accolades
............ G2C Awards & Accolades inp Indian Bank . 71,7.7 l&rdnrrird MIAHABID Azad! Ka .............. Amrit Ma hotsav APY NATIONAL CHAMPIONSHIP CUP FOR SPONSOR BANKs AND RRBs N N UAL FELICITAT10 APY LEADESRHIP PINNACLE APY CIRCLE OF EXCELLENCE EXEMPLARY AWARD OF PAR EXEMPLARY AWARD OF PAR 2nd amo
Slide 49: Disclaimer
............ 7-•• Disclaimer inp Indian Bank . G2 a 1Nn, ardnmig MIAHAESILD 4* AziarKa Amrit Ma hotsav .............. Oxe EAR, • WA IAN. • OM This presentation has been prepared by Indian Bank (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situatio
Slide 50: Automated Dost for Your Assistance
inp Indian Bank 7 • G2 rdTtnird MIAHABLD Azad! Ka Amrit Ma hotsav ciriAa Arz rtutut yputt, Automated Dost for Your Assistance