Financial Results Q4 FY & FY May 13, 2016

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1 Financial Results Q4 FY & FY May 13, 2016

2 Table of Contents #1 Story of Transformation #2 Business Performance #3 Financials 2

3 Structural Transformation 3

4 Structural Transformation Medium Term Strategy: The HDR (Human Resources, Digital Banking & Risk Management) Framework 4

5 Structural Transformation Story of Transformation: Project Utkarsh 5

6 Structural Transformation 6

7 Structural Transformation: Impact Story of Transformation: Project Utkarsh 7

8 Structural Transformation: Impact Transaction through Alternate Channels (%) Mar/15 Jun/15 Sep/15 Dec/15 Mar/ Debit Card Base (Lakh) Internet Banking User (Lakh) Mobile Banking User (Thousands) Mar/15 Jun/15 Sep/15 Dec/15 Mar/16 Mar/15 Jun/15 Sep/15 Dec/15 Mar/16 Mar/15 Jun/15 Sep/15 Dec/15 Mar/16 8

9 Table of Contents #1 Story of Transformation #2 Business Performance #3 Financials 9

10 Performance Highlights Business Global Business increased by 7.0% to ` crore CASA Share improved by 310 bps over Mar RAM segment share in domestic advances increased to 52.4% Non Interest Income Non Interest Income for FY16 up 3.1% to ` 3632 crore; Net Profit Efficiency Asset Quality Capital Adequacy Net profit for FY16 stood at ` 1352 crore; Net Profit for Q4/FY16 stood at ` 97crore, up by 24% over Dec-15 quarter. ROA sequentially improved to 0.10% (Q4/FY16)from 0.08% (Q3/FY16) ; ROA for FY 16 stood at 0.35%; ROE sequentially improved to1.95% (Q4/FY16)from 1.53% (Q3/FY16); ROE for FY 16 stood at 6.84%. Gross NPA (%) and Net NPA (%) stood at 8.70% and 5.25% respectively. Capital Adequacy Ratio at 10.56%; CET 1 Ratio at 7.95%. 10

11 Strong Liability Franchise Parameters Mar 2015 Dec 2015 Mar 2016 Growth (%) (` crore) Y-o-Y Q-o-Q Total Deposits Domestic Overseas Current Deposits Savings Deposits CASA The Bank activated 4.3 lakh Dormant accounts during Q4 of FY In addition, the Bank added lakh CASA accounts during March 2016 Quarter. CASA Ratio (%) Shedding High Cost Deposits (% share in Total Deposits) Mar/15 Jun/15 Sep/15 Dec/15 Mar/16 Mar/15 Mar/16 11

12 RAM Led Advances Parameters Mar Dec Mar Growth (%) (` crore) Y-o-Y Q-o-Q Gross Advances Domestic Overseas Retail Advances Agriculture MSME Priority Sector Performance Parameters Mar 2015 % to ANBC Mar 2016 % to ANBC (` crore) Total Priority Agriculture Priority* Small & Marginal Farmers MSME Priority NA NA Micro Enterprises Women Beneficiaries Weaker Section * including investment in funds with NABARD 12

RAM Led Advances 24.0 Advances RAM Segment Annual Growth (%) RAM Share (%) in Domestic Advances 52.4 16.6 51.

7 Mar/15 Jun/15 Sep/15 Dec/15 Mar/16 Mar/15 Jun/15 Sep/15 Dec/15 Mar/16 6.

13 RAM Led Advances 24.0 Advances RAM Segment Annual Growth (%) RAM Share (%) in Domestic Advances Mar/15 Jun/15 Sep/15 Dec/15 Mar/16 Mar/15 Jun/15 Sep/15 Dec/15 Mar/ Home Loans Advances RWA to Gross Advances (%) 18.9 Vehicle Loans Education Loans Mortgage Loans 74.3 Mar-16 Others Composition of Retail Portfolio Mar/15 Jun/15 Sep/15 Dec/15 Mar/16 13

14 Advances Top Exposures Sl. Sectors Top 10 Sectors (% Share in Domestic Advances) Amount ( ` crore) Mar 2015 Dec 2015 Mar 2016 Mar Agriculture Retail Advances Infrastructure Trade NBFCs and HFCs Basic Metal Products Textiles Food Processing Construction Gems & Jewellery

15 Investment Investment ` Crore Mar/15 Dec/15 Mar/16 (` crore) Mar-16 % to Total Duration (Years) Mar-16 Held to Maturity Held for Trading Available for Sale Total Investment % of AFS & HFT portfolio is interest sensitive 15

16 Rising Overseas Profile Opened its 4 th overseas branch in Sydney, Australia Already has three Overseas branches at Hong Kong, DIFC (Dubai) & Antwerp (Belgium) Representative offices at Shanghai, Beijing, and Abu Dhabi US $ (` crore) Business from Overseas Branches Business 4.2 billion (26074) Total Deposits Mar-15 Dec-15 Mar-16* Growth (%) YoY- US$ 0.7 billion (4640) 5.0 billion (32927) 1.0 billion (6398) 4.9 billion (32706) 1.0 billion (6634) Union Bank of India (UK) Limited (a wholly-owned subsidiary of the Bank in London) Total Advances 3.4 billion (21434) *1 US$= ` as on Mar 31, billion (26529) 3.9 billion (26072)

17 LIABILITIES As at As at As at Growth (%) Y-o-Y Q-o-Q Capital Reserves and surplus Deposits Borrowings Other Liabilities and Provisions Total ASSETS Statement of Assets & Liabilities (` crore) Cash and Balances with Reserve Bank of India Balances with Banks and Money at call and Short Notice Investments Advances Fixed Assets Other Assets Total

18 Table of Contents #1 Story of Transformation #2 Business Performance #3 Financials 18

19 Cost & Yield Ratio Parameters (%) Mar-15 (Q4) Dec-15 (Q3) Mar-16 (Q4) FY 15 FY16 Domestic Global Domestic Global Domestic Global Domestic Global Domestic Global Cost of Deposit Cost of Funds Yield on Advances Yield on Funds Yield on Investment NIM

20 Non-Interest Income (` crore) Parameters Mar-15 (Q4) Dec-15 (Q3) Mar-16 (Q4) Growth (%) Y/Y Growth (%) Q/Q FY 15 FY 16 Growth (%) a. Core Non Interest Income b. Treasury Income W/w Profit on Sale of Investments Exchange Profit c. Recovery in Written off Accounts Total

21 Parameters Mar-15 Dec-15 Mar-16 Growth (%) Y/Y Operating Profit Growth (%) Q/Q (` crore) FY15 FY16 Growth (%)-Y/Y Interest Income Interest Expenditure Net Interest Income Non Interest Income Operating Expenses -Establishment Expenses -Other Expenses Operating Profit

22 Provisions (` crore) Parameters Mar-15 (Q4) Dec-15 (Q3) Mar-16 (Q4) FY15 FY16 NPAs Standard Assets Depreciation on Investment Shifting Loss Restructured Advances Others (FITL etc) Taxation Total

23 Net Profit ` crore Quarter 1782 Full Year Mar/15 Dec/15 Mar/16 FY FY

24 Efficiency/ Profitability Ratios Sl. Efficiency Parameters Mar-15 (Q4) Dec-15 (Q3) Mar-16 (Q4) FY 15 FY 16 1 Return on Avg. Assets (%) Return on Equity (%) Cost to Income Ratio (%) Book Value Per Share (`) Earnings per share (`) Sl. Profitability Parameters Mar-15 (Q4) Dec-15 (Q3) Mar-16 (Q4) FY 15 FY 16 1 Business per Branch ` crore Business per Employee ` crore Gross Profit per Branch ` crore Gross Profit per Employee ` lakh Net Profit per Branch ` lakh Net Profit per Employee ` lakh

25 Asset Quality (` crore) Parameters Mar-15 (Q4) Dec-15 (Q3) Mar-16 (Q4) FY 15 FY 16 Gross NPAs - Opening Add : Additions Less : Reductions Recoveries Upgradation Write Off Gross NPAs- Closing Gross NPA (%) Net NPA Net NPA (%) Provision Coverage Ratio (%) Credit Cost (%)

26 Asset Quality: Sectoral (` crore) Sectors Slippages During Q4 FY 16 NPAs March 2016 % to Total NPAs Mar 2015 % to Sector Loan Sep 2015 Dec 2015 Mar 2016 Agriculture Micro & Small (MSE) Retail Loans Others Total

27 Mar-16 (Q4) FY Particulars Standard NPA Total Standard NPA Total Restructured Assets as on (January 1, 2016/April 1, 2015) Fresh Restructuring during the (Quarter/ Year) Upgradation to Restructured Accounts during the (Quarter/ Year) Restructured Standard Advances which cease to attract higher provisioning and need not be shown as Restructured Assets (Quarter/ Year) Restructured Assets (` crore) Down gradation of restructured accounts during the (Quarter/ Year) Change in Outstanding/Write-off/ Recovery/Closures (Quarter/ Year) Restructured Accounts as on March 31, * * Outstanding Standard Restructured Assets excluding SEBs as % to Gross Advances: 2.6% * ` 9055 crore is included in Gross NPAs of the Bank 27

28 Sector wise Standard Restructured Accounts Sector Amt. % to Standard Restructured 1 Infrastructure (` crore) a. Power w/w SEBs Engineering Iron & Steel Textiles Hotel Amt % to Standard Restructured Advances % to Gross Loans Outstanding Standard Restructured Assets W/w -SEBs Stalled Projects

29 Basel III: Capital Adequacy CRAR Tier I Tier II Mar/15 Jun/15 Sep/15 Dec/15 Mar/16 (` crore) Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Risk Weighted Assets Capital Funds CRAR-BASEL III ( % ) CET Ratio (%)

Shareholding Details Share Capital `687.4 crore No. of Equity Shares: 68.7 crore Net worth: ` 19764 crore Book Value per share ` 287.5 Return on Equity 6.84% Market Cap ` 8992 crore 63.

30 Shareholding Details Share Capital `687.4 crore No. of Equity Shares: 68.7 crore Net worth: ` crore Book Value per share ` Return on Equity 6.84% Market Cap ` 8992 crore 63.44% 63.44% 60.47% Shareholding Pattern (%) Mar/15 Dec/15 Mar/ % 18.04% 18.27% 12.68% 8.49% 8.75% 17.19% 10.03% Mar/ % Dec/15 Govt. of India FIIs DIIs Mar/16 Public & Others 30

Extensive & specialized distribution network focused on the needs of the different business segments Dadra, Nagar Haveli (1) (3) Daman & Diu (1) (2) Chandigarh (10) (21) Punjab (139) (171) Haryana

Pradesh (172) (380) Karnataka (161) (311) Tamil Nadu (230) (388) Himachal Pradesh (20) (30) Delhi (95) (245) Uttar Pradesh (928) (1367) # Domestic Branches (4,196) # ATMS (6883) Uttarakhand (82)

31 Extensive & specialized distribution network focused on the needs of the different business segments Dadra, Nagar Haveli (1) (3) Daman & Diu (1) (2) Chandigarh (10) (21) Punjab (139) (171) Haryana (110) (139) Gujarat (263) (390) Goa (15) (19) Rajasthan (140) (173) Kerala (243) (347) Jammu & Kashmir (13) (16) Maharashtra (508) (1178) Madhya Pradesh (282) (655) Telangana (80) (146) Andhra Pradesh (172) (380) Karnataka (161) (311) Tamil Nadu (230) (388) Himachal Pradesh (20) (30) Delhi (95) (245) Uttar Pradesh (928) (1367) # Domestic Branches (4,196) # ATMS (6883) Uttarakhand (82) (131) Bihar (150) (164) Jharkhand (84) (94) Orissa (127) (142) Pondicherry (4) (6) Andaman & Nicobar (1) (1) Meghalaya (5) (5) Sikkim (8) (8) Assam (68) (96) West Bengal (181) (283) Arunachal Pradesh (1) (1) Tripura (7) (10) Nagaland (1) (1) Manipur (1) (1) Mizoram (1) (2) Extensive network across India Branch Distribution by Urbanization Rural 31% 61% branches in rural/semi-urban markets Branch Distribution by Geography Weatern 18.8% Southern 21.3% Semi Urban 30% Northen 12.6% Central 32.3% Urban 21% Eastern 13.1% Metro 18% N.Eastern 2.0% Geographical diversification minimizes regional risks Opened 4 th Overseas branch in Sydney, Australia during Q4 FY Overseas branches at Hong Kong, Dubai and Antwerp, in addition to representative offices in Shanghai, Beijing, and Abu Dhabi. Operates in the UK through its wholly owned subsidiary, Union Bank of India (UK) Ltd. The Bank has 31 extension counters, 60 satellite offices and 47 service branches in addition to its regular bank branches as of March

Financial Inclusion Progress under Pradhan Mantri Jan Dhan Yojana (PMJDY) Parameters Achievements of the Bank Villages covered 18396 Sub Service Areas 5407 Urban Wards 2581 Accounts opened till March

32 Financial Inclusion Progress under Pradhan Mantri Jan Dhan Yojana (PMJDY) Parameters Achievements of the Bank Villages covered Sub Service Areas 5407 Urban Wards 2581 Accounts opened till March 31, Lakh Deposits ` 858 Crore RuPay Cards issued 55.3 Lakh Aadhar Seeding 17.4 Lakh Progress under PMSBY, PMJJBY and APJ Schemes Scheme Name Total Enrolments Pradhan Mantri Suraksha Bima Yojana (PMSBY) Lakh Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) Lakh Atal Pension Yojana (APJ) 0.53 Lakh Progress under Mudra Yojana Category No. of Account Sanctioned amount Outstanding amount (` crore) (` crore) Shishu (< ` 50k) Kishor (Above ` 50k-5 Lakh) Tarun (Above ` 5 Lakh-10 Lakh) Total

Awards & Recognition 1 st Best Corporate Vigilance Excellence Award (2015-16) in corporate category in 7th Conclave of Vigilance Officers Golden Peacock Award for excellence in HR practice in 10 th

33 Awards & Recognition 1 st Best Corporate Vigilance Excellence Award ( ) in corporate category in 7th Conclave of Vigilance Officers Golden Peacock Award for excellence in HR practice in 10 th International Conference on Corporate Social Responsibility. Skoch Financial Inclusion and Deepening Award 2015 CNBC TV 18 Financial Advisors Awards in Best PSU Banks MSME Banking Excellence Awards 2015 from Chamber of Indian Micro Small & Medium Enterprises (CIMSME) 1. Best Bank Award for Promotional Schemes Winner 2. Best Bank Award for Mudra Yojna - Runner Up elets Awards 2015 for Multi Channel Payment Solution (IMPS) from elets Technomedia Pvt. Ltd. SKOCH order of Merit Awards 2015 for: 1. ekyc implementation 2. Financial Inclusion Technology 3. Kendriya Vidayalaya Fee Collection NPCI Award 2015 under: 1. Special category for implementation of IMPS through branches 2. Recognition Award 2015 in issuance of RuPay cards National Award for Innovative Training Practices" (Second Prize for ) by Indian Society for Training & Development (ISTD) Excellence in Innovation Award 2015 for implementation of M Passbook from Financial Insights, International Data Corporation (IDC) ICT4 Development Awards 2015 from ASSOCHAM in the areas of Green IT (Tabulous Banking, ekyc application, and M Passbook application 33

34 Disclaimer Except for the historical information contained herein, statements in this presentation which contain words or phrases such as is, aims, will, would, indicating, expected to etc., and similar expressions or variations of such expressions may constitute forward-looking statements. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward looking statements. These risks and uncertainties include, but are not limited to our ability to successfully implement our strategy, future levels of non-performing loans, our growth and expansion in business, the impact of any acquisitions, the adequacy of our allowance for credit losses, technological implementation and changes, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks as well as other risks. Union Bank undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. 34

35 Investor queries:

Financial Results Q1 FY July 28, 2015

Financial Results Q1 FY July 28, 2015 Financial Results Q1 FY 2015-16 July 28, 2015 A Step Towards Digitalization 2 Performance Highlights Business Opex Profitability Global Business increased by 8.6% to ` 582817 crore Savings Deposits grew