Bank Of India · NSE:BANKINDIA
Bank Of India — Q1 FY2023-24 Earnings Presentation
43 slides from Bank Of India's earnings presentation, Jul 28, 2023
Slide 1: Exchange filing cover letter: Investor's Presentation
to ,tit no m G2 Bank of fodso Owripwwr twn.••••• •Imar.a 171-44 W. Ref No.:HO:IRC:SVM:2023-24: 242 it9tT Date: 28.07.2023. Scrip Code: BANKINDIA Scrip Code: 532149 The Vice President — Listing Department, The Vice-President — Listing National Stock Exchange of India Ltd., Department, Exchange Plaza,
Slide 2: Performance Analysis Q1 FY 2023-24
PERFORMANCE ANALYSIS Q1 FY 2023-24 Glorious 117 years . . . .
Slide 3: Table of Contents
Key Business Financial Asset Capital & Other Highlights Performance Performance Quality Shareholding Parameters Table of Contents 1 Key Highlights 3 2 Business Performance 4 3 Financial Performance 15 4 Asset Quality 19 5 Capital & Shareholding 26 6 Other Parameters 28 Glorious 117 years . . . . Tol
Slide 4: Performance Highlights – Q1FY24 – YoY
Key Highlights Performance Highlights – Q1FY24 – YoY Global Business CASA Global Advances Yield on Advances Increased by Increased by Increased by Increased by 8.61% 7.56% 8.48% 157 bps Retail Advances Agri. Advances MSME Advances NIM Increased by Increased by Increased by Increased by 15.05% 10.10%
Slide 5: Global Business
Business Performance Amt in Rs. Cr Global Business 11,85,438 12,14,808 11,18,481 5,15,852 5,18,264 YoY 4,77,746 Particulars Growth % Business Mix 8.61 Global Advances 8.48 Global Deposits 8.71 6,40,734 6,69,586 6,96,544 30.06.2022 31.03.2023 30.06.2023 Global Deposits Global Advances Glorious 117 ye
Slide 6: Global Deposits and Advances
Business Performance Amt in Rs. Cr Global Deposits and Advances Domestic and Overseas Deposits Domestic and Overseas Advances 6,69,586 6,96,544 5,15,852 5,18,264 6,40,734 4,77,746 1,07,027 Global Global 1,02,523 84,215 85,018 94,786 Share 76,536 Share 15 % 16 % Global Global 5,45,949 5,67,063 5,89,5
Slide 7: Domestic Deposit
Business Performance Amt in Rs. Cr Domestic Deposit Jun-23 Jun-22 Mar-23 6% 5% 6% CURRENT 44% SAVINGS 48% 45% 39% 39% 38% TD- Bulk Deposits TD- Retail 8% 10% 12% Deposits Types of Deposits 30.06.2022 31.03.2023 30.06.2023 Savings Account 2,11,861 2,21,349 2,25,020 Current Account 30,440 30,800 35,59
Slide 8: Composition of Gross Advances (Domestic)
Business Performance Amt in Rs. Cr Composition of Gross Advances (Domestic) Growth Particulars 30.06.2022 31.03.2023 30.06.2023 YoY% Agriculture 66,125 72,379 72,801 10.10% MSME 65,197 70,777 71,190 9.19% Retail 83,407 94,716 95,963 15.05% RAM 2,14,729 2,37,872 2,39,954 11.75% Corporate & Others 1,3
Slide 9: Retail Loans
Business Performance Retail Loans Amt in Rs. Cr Particulars Growth 30.06.2022 31.03.2023 30.06.2023 YOY (%) Home loans 46,230 51,897 52,417 13.38% Vehicle loans 11,379 13,584 13,609 19.60% Education loans 2,710 3,002 3,034 11.96% Mortgage loans 7,576 8,240 8,237 8.72% Personal loans 5,309 6,915 7,11
Slide 10: Priority Sector Advances
Business Performance Priority Sector Advances Amt in Rs. Cr Regulatory Growth Particulars 30.06.2022 31.03.2023 30.06.2023 Target Y-o-Y (%) ANBC 3,50,418 3,83,380 3,83,641 9.48 Priority Sector 1,51,979 1,64,445 1,65,486 8.89 % To ANBC 40.00 43.37 42.89 43.14 -0.24 Agriculture 66,125 72,379 72,801 10
Slide 11: Domestic Credit-Industry Wise
Business Performance Domestic Credit-Industry Wise Amt in Rs. Cr Particulars 30.06.2022 31.03.2023 30.06.2023 % to Domestic Growth Advances YOY (%) Infrastructure 65,963 65,181 67,054 15.48 1.65 Basic Metal & Metal products 12,161 14,523 16,926 3.91 39.18 Textiles 7,248 7,264 6,734 1.55 -7.09 Gems &
Slide 12: Domestic Advances - Infrastructure Sector
Business Performance Amt in Rs. Cr Domestic Advances - Infrastructure Sector Particulars 30.06.2022 31.03.2023 30.06.2023 Growth YOY (%) Power 44,585 42,145 43,503 -2.43 a) SEBs 20,974 18,945 16,688 -20.43 - Generation 9,211 8,503 8,153 -11.49 - Transmission 2,615 1,980 1,919 -26.62 - Distribution 9
Slide 13: Benchmark wise Distributions of Advances
Business Performance Benchmark wise Distributions of Advances Base Rate Benchmark Rates Share (%) BPLR Others Base Rate 6.26 Fixed Rate* RBLR 41.96 Out of which 16.31 (Corporate Credit) RBLR MCLR 35.44 Fixed Rate* 6.31 MCLR BPLR 0.23 Others 9.81 Grand Total 100.00 * Fixed Rate loans includes Loan ag
Slide 14: External Ratings Distribution of Corporate Advances
Business Performance External Ratings Distribution of Corporate Advances 86% 85% 7% 8% 4% 3% 4% 3% Mar-23 Jun-23 A & above BBB Below BBB Unrated * Domestic Corporate Advances – Above Rs. 50 Cr Glorious 117 years . . . . Toll Free No.: 1800 220 229 / 1800 103 1906 | Visit : www.bankofindia.co.in | Fo
Slide 15: Domestic Investments
Business Performance Amt in Rs. Cr Domestic Investments 31.03.2023 30.06.2023 Particulars AFS HTM HFT AFS HTM HFT SLR Investments 30,943 1,24,113 -30 34,355 1,25,350 1446 Of Which: 30,943 1,24,113 -30 34,355 1,25,350 1446 Government Securities Other Approved -- -- -- -- -- -- Securities M Duration 1
Slide 16: Net Interest Income (Global)
Financial Performance Amt in Rs. Cr Net Interest Income (Global) Particulars Q1FY23 Q4FY23 FY23 Q1FY24 Interest Income 9,972 13,449 47,648 14,359 a. Advances 6,969 9,440 33,368 9,681 b. Investments 2,785 3,296 11,943 3,476 c. Money Market Operations & Others 218 713 2,337 1,202 Interest Expended 5,9
Slide 17: Non Interest Income (Global)
Financial Performance Amt in Rs. Cr Non Interest Income (Global) Particulars Q1FY23 Q4FY23 FY23 Q1FY24 Commission, Exchange & Brokerage 286 366 1,368 355 Profit from Sale and Revaluation of -148 1,717 1,836 297 Investments Profit from Exchange Transactions 431 153 1,004 183 Recovery In W/o accounts
Slide 18: Operating Profit and Net Profit (Global)
Financial Performance Amt in Rs. Cr Operating Profit and Net Profit (Global) Particulars Q1FY23 Q4FY23 FY23 Q1FY24 Operating Profit 2,183 4184* 13,393 3,752 Provisions for - Bad & Doubtful 1,304 546 3,602 777 - Standard Assets and others 23 374 2,354 111 - Dep. on Non-Performing Investment -5 1,130
Slide 19: Key Financial Ratios (Global)
Financial Performance Key Financial Ratios (Global) Particulars Q1FY23 Q4FY23 FY2023 Q1FY24 Yield on Advances (%) 6.53 7.95 7.37 8.10 Yield on Investments (%) 6.40 6.82 6.51 6.79 Yield on Funds (%) 5.46 6.70 6.15 7.34 Cost of Deposits (%) 3.49 3.91 3.67 4.22 Cost of Funds (%) 3.23 3.95 3.53 4.32 Net
Slide 20: Asset Classification: Global Advances
Asset Quality Asset Classification: Global Advances Amt in Rs. Cr Sectoral As on 30.06.2022 As on 31.03.2023 As on 30.06.2023 O/s Share (%) O/s Share (%) O/s Share (%) Standard Advances 4,33,332 90.70 4,78,167 92.69 4,83,682 93.33 Gross NPA 44,415 9.30 37,686 7.31 34,583 6.67 - Sub-Standard 4,363 0.
Slide 21: SMA – Rs. 5 Cr and above
Asset Quality SMA – Rs. 5 Cr and above Amt in Rs. Cr SMA Position of Rs. 5.00 crores and above 31.03.2023 30.06.2023 % to % to SMA Category Amount Gross Amount Gross Adv Adv SMA-0 14,991 2.91% 12,479 2.41% SMA-1 1,198 0.23% 603 0.12% SMA-2 779 0.15% 1,261 0.24% Grand Total 16,968 3.29% 14,343 2.77%
Slide 22: Resolution Framework - Standard Restructuring (Domestic)
Asset Quality Resolution Framework - Standard Restructuring (Domestic) Amt in Rs. Cr Outstanding as on 30.06.2023 Resolution Resolution % on Gross Category One Time Total Provision Framework Framework Advances Restructuring 1.0 2.0 Retail 385 4,302 - 4,687 469 MSME 460 2,041 691 3,192 285 Corporate
Slide 23: Movement of NPA (Global)
Asset Quality Movement of NPA (Global) Amt in Rs. Cr Segment Q1FY23 Q4FY23 FY23 Q1FY24 Opening Balance (Gross NPA) 45,605 38,885 45,605 37,686 Add: - Fresh Slippage 2,465 2,541 6,861 2,379 - Debits in existing NPA 368 84 1108 170 Total Addition 2,833 2,625 7,969 2,549 Less: - Cash Recovery 1,219 1,8
Slide 24: Sector wise breakup of Fresh Slippages
Asset Quality Sector wise breakup of Fresh Slippages Amt in Rs. Cr Q1FY23 Q1FY24 Sector Gross Net % Share Gross Net % Share Agriculture 1,011 734 26 1,330 918 36 Retail 670 361 13 747 472 19 MSME 1,772 908 32 1,532 920 36 Corprate 1,024 492 17 373 191 7 Total Domestic 4,477 2,495 88 3,982 2,501 98 O
Slide 25: Asset Quality Ratio (Global)
Asset Quality Asset Quality Ratio (Global) Amt in Rs. Cr Particulars 30.06.2022 31.03.2023 30.06.2023 Gross NPA 44,415 37,686 34,583 Net NPA 9,775 8,054 8,119 Gross NPA (%) 9.30 7.31 6.67 Net NPA (%) 2.21 1.66 1.65 Provision Coverage (%) 87.96 89.68 89.52 Slippage Ratio (%) 0.69 0.64 0.53 Credit Cos
Slide 26: Summary of NCLT Cases – Domestic
Asset Quality Summary of NCLT Cases – Domestic (As on 30.06.2023) Amt in Rs. Cr No of Total Book Provision Provision Particulars Accounts O/s held (%) 2 RBI List -1 1,439 1,439 100 9 RBI List -2 1,948 1,948 100 68 Cases filed and admitted in NCLT by our Bank 5,791 5,059 87 3 Cases under admission in
Slide 27: Capital Adequacy (As on 30.06.2023)
Capital & Shareholding Capital Adequacy (As on 30.06.2023) Amt in Rs. Cr Particulars 30.06.2022 31.03.2023 30.06.2023 Capital Adequacy - Basel III CET-1 Capital 42,164 48,232 47,909 Tier I Capital 43,516 51,084 50,761 Tier II Capital 7,664 6,643 6,632 Total Capital (CRAR) 51,180 57,727 57,393 Risk W
Slide 28: Shareholding Pattern as on 30.06.2023
Capital & Shareholding Shareholding Pattern as on 30.06.2023 5.83% Promoter Particulars Shareholding Pattern 5.71% (Government As on 30.06.2023 of India) 7.05% Life Insurance Government of India 81.41% Corporation Life Insurance 7.05% 81.41% Indian public Corporation Indian Public 5.71% Others Other
Slide 29: Digital Banking – Alternate Delivery Channels
Other Parameters Digital Banking – Alternate Delivery Channels ATM & CRM (Actual Count) Internet banking Users 8,225 (in thousands) 8,214 8,548 8,463 7,949 8,088 30.06.2022 31.03.2023 30.06.2023 30.06.2022 31.03.2023 30.06.2023 UPI Users Mobile banking Users (in thousands) (in thousands) 15,579 16,2
Slide 30: Digital Channels – Digi Journeys
Other Parameters Digital Channels – Digi Journeys Digital Journeys proposed to Segment Digital Journeys rolled out be rolled out in next 6 months KCC -<1.60 lakhs KCC >1.60 lakhs Gold Loan Kisan Vahan Agriculture SHG KCC Renewal Agri- Food Agro Personal Loan Loan against TDR Pensioner Loan Preapprov
Slide 31: Financial Inclusion – Social Security Schemes
Other Parameters Financial Inclusion– Social Security Schemes Number in lakhs 285 PMJDY PMJJBY 282 94 98 271.43 59 30.06.2022 31.03.2023 30.06.2023 30.06.2022 31.03.2023 30.06.2023 Cumulative Accounts Cumulative enrollments PMSBY APY 190 28 26 172 144 21 30.06.2022 31.03.2023 30.06.2023 30.06.2022 3
Slide 32: Overseas Business Operations
Other Parameters Overseas Business Operations Amt in Rs. Cr Categories No of foreign offices Overseas Branches (21) 21 Overseas Subsidiaries (4) 22 Overseas Joint Ventures (1) 1 Representative Offices 1 IFSC Banking Unit (IBU)- GIFT 1 Total No of Foreign Offices 46 Parameters 30.06.2022 31.03.2023 3
Slide 33: Overseas Subsidiaries and Joint Ventures
Other Parameters Overseas Subsidiaries and Joint Ventures Amt in Rs. Cr Business Interest Operating Net Subsidiary/ Joint Venture Capital Deposits Advances Mix Income Profit Profit Bank of India (New Zealand) Ltd. 255 416 672 1,089 13 7 5 Bank of India (Tanzania) Ltd. 76 525 361 886 13 4 2 Bank of I
Slide 34: Domestic Subsidiaries and Joint Ventures
Other Parameters Domestic Subsidiaries and Joint Ventures S No Name of the Company Nature of Business Book value Percentage (in INR Crores) Holding Subsidiaries - Domestic 1 BOI Merchant Bankers Ltd. Merchant Banking Company 10.00 100.00 BOI Shareholding Ltd. Depository Participants 2 activities for
Slide 35: RRBs Sponsored by Bank of India
Other Parameters RRBs Sponsored by Bank of India S No Name of the Company Area of operation Business Mix Profit 1 Madhya Pradesh Gramin Bank Madhya Pradesh 30,325 26 2 Vidharbha Konkan Gramin Bank Maharashtra 9,058 8 3 Aryavart Bank Uttar Pradesh 53,544 8 Glorious 117 years . . . . Toll Free No.: 18
Slide 36: Initiatives and Going forward
Other Parameters Initiatives and Going forward ❑ RuPay Gift Card: Bank have introduced Gift Card in RuPay along with existing Visa Card scheme. ❑ VISA Bingo Debit Card: Bank have introduced VISA BINGO. The Bingo Cards are exclusively for Students of the age between 15 and 25. ❑ Credit Card Onboardin
Slide 37: Initiatives and Going forward
Other Parameters Initiatives and Going forward ❑ Bank has introduced scheme for extending financial Assistance to Sugar Mills for Enhancement and Augmentation of the Ethanol Production Capacity. ❑ Our Bank has made live Account Aggregator for all 3 RRBs sponsored by us. ❑ Bank is spreading awareness
Slide 38: Awards and Accolades
Other Parameters Awards and Accolades ❑ PT Bank of India Indonesia, the Subsidiary of our Bank has been ranked as no. 1 bank in Indonesia in the category of “Best Conventional Bank under KBMI I Category’ as declared by CNBC Indonesia. ❑ Our Bank was awarded “उत्कृष्ट परु स्कार” of Digidhan Awards 20
Slide 39: Awards and Accolades
Other Parameters Awards and Accolades ❑ Bank has won “Exemplary Award of Par Excellence” Award in “Circle of Excellence” campaign from PFRDA for good performance in APY Campaign (01.10.2022 to 14.11.2022). ❑ Bank has been nominated for “Annual APY Exemplary Award of Excellence” for achieving 162% of
Slide 40: External Ratings and Branch Network
Other Parameters External Ratings and Branch Network Domestic Long Term Rating Branch Network Jun-2022 Mar-2023 Jun-2023 Rating Agency Rating Domestic Branches 5,103 5,131 5,131 Infomerics AAA (Stable) CRISIL Ltd. AA+ (Stable) - Metro 989 991 992 ICRA Ltd. AA+ (Stable) India Ratings AA+ (Stable) - U
Slide 41: Environmental, Social & Governance (ESG) Practices
Other Parameters Environmental, Social & Governance ( ESG) Practices Environment Social Governance ➢ Bank is having Board Approved ESG ➢ Bank has linked 8162 New SHG’s to the ➢ During the quarter ending Q1FY24, Bank policy in place. has discounted 8353 Bills on TreDS credit linkage with total sancti
Slide 42: 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 43: Thank You!
THANK YOU! Glorious 117 years . . . . Toll Free No.: 1800 220 229 / 1800 103 1906 | Visit : www.bankofindia.co.in | Follow us on