Un-Audited/ Reviewed Financial Results For the Quarter ended June 30,2018 1
BUSINESS PROFILE 200000 150000 100000 50000 0 Advances Deposit Business June-17 March-18 June-18 Parameter June 17 Mar 18 June 18 Y-o-Y % Growth Gross Advances 74,807 74,239 69,917 [6.54] Total Deposits 1,06,765 1,06,130 1,03,020 [3.51] Total Business 1,81,572 1,80,369 1,72,937 [4.76] 2
KEY INDICATORS Full Year Quarter Particulars Mar 18 Mar 18 June 17 June 18 Variation over June 17 [%] Variation over Mar 18 [%] Operating Profit 1,171.16 175.42 288.78 259.96 [9.98] 48.19 Net Profit [1,923.15] [1,225.43] [132.65] [721.71] Total Income 10,095.75 2,390.66 2,620.28 2,410.01 [8.02] 0.81 Total Expenses 8,924.59 2,215.24 2,331.50 2,150.06 [7.78] [2.94] Provision & Contingencies 3,094.31 1,400.85 421.43 981.67 132.94 [29.92] 3
INCOME Particulars Full Year Quarter Variation over Mar 18 Mar-18 June 17 June 18 June 17 [%] Variation over Mar 18 [%] Total Income 10,095.75 2,390.66 2,620.28 2,410.01 [8.02] 0.81 Interest Income 8,932.23 2,067.37 2,382.99 2,248.62 [5.64] 8.77 Advances 5,832.91 1,315.72 1,498.44 1,502.65 0.28 14.21 Investments 2,681.90 671.41 708.38 691.30 [2.41] 2.96 Other 417.42 80.24 176.17 54.67 [68.97] [31.87] Non Interest Income 1,163.52 323.29 237.29 161.39 [31.99] [50.08] 4
NON INTEREST INCOME Particulars Full Year Quarter Mar 18 Mar-18 June 17 June 18 Variation over June 17 [%] Variation over Mar 18 [%] Comm. Exchange, Brokerage Exchange Earned on Forex Profit on Sale of Investment Recovery in written off a/cs 250.54 75.97 61.04 58.83 [3.62] [22.56] 45.43 10.58 10.98 2.81 [74.41] [73.44] 422.84 34.09 105.44 24.71 [76.56] [27.52] 141.51 85.98 2.56 5.41 111.33 [93.71] Process Fee 80.90 24.10 17.87 13.22 [26.02] [45.15] Other Income 222.30 92.57 39.40 56.41 43.17 [39.06] Total 1,163.52 323.29 237.29 161.39 [31.99] [50.08] 5
NET INTEREST INCOME Particulars Full Year Quarter Mar 18 Mar-18 June 17 June 18 Net Interest Income 2,475.82 500.51 675.05 742.75 Net Interest Margin [%] 2.19 1.78 2.44 2.61 6
EXPENSES Particulars Full Year Mar 18 Mar-18 Quarter June 17 June 18 Variation over June 17 [%] Variation over Mar 18 [%] Total Expenses 8,924.59 2,215.24 2,331.50 2,150.05 [7.78] [2.94] Interest Expenses 6,456.41 1,566.86 1,707.94 1,505.88 [11.83] [3.89] Deposits 5,955.55 1,413.49 1,599.10 1,389.43 [13.11] [1.70] Others 500.86 153.37 108.84 116.45 6.99 [24.07] Operating Expenses 2,468.18 648.38 623.56 644.17 3.31 [0.65] a. Staff Expenses 1,587.50 402.37 399.72 418.46 4.69 4.00 b. Other Operating Expenses 880.68 246.01 223.84 225.71 0.84 [8.25] 7
PROVISIONS & CONTIGENCIES Particulars Full Year Quarter Variation over Mar 18 Mar-18 June 17 June 18 June 17 [%] Variation over Mar 18 [%] NPA 4,281.80 2,150.60 434.58 1244.16 186.29 [42.15] Tax Expense [1,255.60] [590.45] [101.05] [137.08] Investment Depreciation 203.79 77.05 12.89 99.22 669.74 28.77 Standard Assets [158.64] [155.04] 65.01 [89.70] FITL [41.44] [50.63] [18.66] [39.13] NPV of Restructured A/cs 54.80 [35.97] 28.87 [92.49] Others 9.61 5.28 [0.21] [3.31] Total Provisions 3,094.31 1,400.85 421.43 981.67 132.94 [29.92] 8
RESOURCES / DEPLOYMENT Particulars Mar 18 June 17 June 18 Growth % Current Deposits 6,013.53 6,283.88 5,264.71 [16.22] Savings Deposits 36,471.49 34,460.87 35,739.92 3.71 CASA Deposits 42,485.02 40,744.75 41,004.63 0.64 Term Deposits 59,762.34 63,833.60 59,254.78 [7.17] Aggregate Deposits 1,02,247.36 1,04,578.35 1,00,259.41 [4.13] CASA [%] to Total Deposits 40.03 38.16 39.80 Inter Bank Deposits 3,882.79 2,186.51 2,760.15 26.24 TOTAL DEPOSITS 1,06,130.15 1,06,764.86 1,03,019.56 [3.51] GROSS ADVANCES 74,238.58 74,806.53 69,916.88 [6.54] BUSINESS MIX 1,80,368.73 1,81,571.39 1,72,936.44 [4.76] 9
ADVANCES Particulars Mar 18 June 17 June 18 Gross Advances 74,239 74,807 69,917 [Growth %] [-4.26] [-7.78] [-6.54] Priority Sector 28,889 28,489 27,376 [Growth %] [-0.44] [-3.73] [-3.91] Agriculture 13,347 13,117 12,660 [Growth %] [2.32] [7.65] [-3.48] MSME 10,898 11,904 10,363 [Growth %] [-12.52] [-14.64] [-12.95] Retail 13,240 13,530 12,957 [Growth %] [-0.46] [19.21] [-4.23] CD Ratio 69.95 70.07 67.87 10
COMPOSITION OF ADVANCES Particulars Variation over Outstanding as of June 17 Mar 18 June 17 June 18 Amt % % to Total Advances Agriculture 13,347 13,117 12,660 [457] [3.48] 18.11 MSME 10,898 11,904 10,363 [1,541] [12.95] 14.82 Large Industries 26,817 26,021 23,796 [2,225] [8.55] 34.03 Retail 13,240 13,530 12,957 [573] [4.23] 18.53 Food Credit 569 809 774 [35] [4.33] 1.11 Others 9,368 9,426 9,367 [59] [0.63] 13.40 Total 74,239 74,807 69,917 [4,890] [6.54] 100.00 11
RETAIL PORTFOLIO Mar 18 June 17 June 18 Y-o-Y Growth % Direct Retail Total Retail % of Gross Advances Retail Advances 10,748 11,094 10,651 [3.99] 13,240 13,530 12,957 [4.23] 17.83 14.83 18.53 Housing Vehicle Education Mortgage Personal Dena Trade Doctor + Gold Loan Others Segment Amount % To Direct Retail Housing 6,003.76 56.37 Vehicle 967.50 9.08 Education 515.73 4.84 Mortgage 329.14 3.09 Personal 35.50 0.33 Dena Trade 1,144.36 10.74 Doctor + 20.24 0.19 Gold Loan 30.90 0.29 Others 1,603.90 15.06 Total (Direct Retail) 10,651.04 100 12
PRIORITY SECTOR LENDING Sr No Particulars Mar 18 June 17 June 18 Y-o-Y Regulator y Targets FY 17-18 1 ANBC 85,038 85,548 79,785 -- 82,950 2 Agriculture (Including RIDF, PTC PSLCs & IBPC) 3 MSME-PS 18,179 16,244 15,069 [7.23] 14,931 11,638 12,359 11,127 [9.97] -- 4 Others 6,132 5,926 4,939 [16.66] -- 5 Total PSL (Including RIDF, PTC, PSLCs & IBPC) 35,949 34,529 31,135 [9.83] 33,180 6 Agri % to ANBC 21.38 18.99 18.89 -- 18.00 7 PSL % to ANBC 42.27 40.36 39.02 -- 40.00 13
INVESTMENTS Particulars March 18 June 17 June 18 % to Total GROSS INVESTMENTS 38,039.56 35,368.15 37,877.61 100 SLR INVESTMENTS Treasury Bills 0.00 0.00 0.00 CG securities 19,007.68 20,653.21 19,039.20 50.27 State Govt. Securities Other Approved Securities 10,710.14 9,376.74 0.00 10,777.93 0.00 28.45 0.00 Total 29,717.82 30,029.95 29,817.13 78.72 NON-SLR INVESTMENTS PSU Bonds 2,834.58 3,743.46 2,708.28 7.15 Corporate Debentures 1,288.74 333.17 1,285.15 3.39 CDs 74.78 0.00 0.00 0.00 CPs 97.55 0.00 49.16 0.13 Shares of PSUs /Corporates & Others 521.35 532.62 522.85 1.38 Regional Rural Banks 19.33 19.33 19.33 0.05 Units of MF 0.00 3.00 0.00 0.00 Venture CF 39.80 44.38 32.17 0.08 Security Receipts 638.87 638.31 641.55 1.69 CBLO & Others(Recap Bond) 2,806.74 23.93 2,802.00 7.40 Total 8,321.74 5,338.20 8,060.48 21.28 14
TREASURY MANAGEMENT Particulars Mar 18 June 17 June 18 % Growth % to Total Investment Gross Investment 38,039.56 35,368.15 37,877.61 7.10 100 Of which (i) HFT 1.32 0.00 0.00 (ii) AFS 12,579.19 10,198.70 12,622.65 23.77 33.32 (iii) HTM 25,459.05 25,169.45 25,254.96 0.34 66.68 SLR Investment 29,717.82 30,029.95 29,817.13 [0.71] 78.72 Non-SLR Investment 8,321.74 5,338.20 8,060.48 51.00 21.28 of which Rated 8,303.44 5,314.22 8,042.18 51.33 21.23 Unrated 18.30 23.98 18.30 [23.69] 0.05 Average Yield on all Investments [FY] 7.26 7.43 7.22 Trading Profits [FY] HFT AFS HTM Total [8.27] 311.24 119.87 422.84 0.42 81.23 23.79 105.44 2.12 19.62 2.97 24.71 VAR (AFS+HFT) 57.53 71.82 87.87 Duration (Yrs) AFS + HFT HTM Total 4.87 5.03 4.98 4.14 5.60 5.21 5.02 5.03 5.03 15
ADVANCES - CLASSIFICATION Mar 18 June 17 June 18 Asset Category Amount % age Amount % age Amount % age Standard 57,877.14 77.96 61,812.37 82.63 54,050.77 77.31 Sub Standard 3,353.75 4.52 3,438.56 4.60 2,929.10 4.19 Doubtful 11,442.85 15.41 8,979.75 12.00 11,146.09 15.94 Loss 15,64.84 2.11 575.85 0.77 1,790.92 2.56 Total NPAs 16,361.44 22.04 12,994.16 17.37 15,866.11 22.69 Total 74,238.58 100 74,806.53 100 69,916.88 100 16
MOVEMENT OF NPA Particulars Full Year Quarter Mar 18 Mar 18 June 17 June 18 Gross NPA Opening Balance 12,618.73 14,168.78 12,618.73 16,361.44 Less: Cash recoveries 931.24 269.39 263.82 885.91 Less: Up gradations 673.40 122.09 183.66 314.69 Less: Write off 661.12 225.78 131.24 601.81 Total Reductions 2,265.76 617.26 578.72 1,802.41 Add: Slippage & Debit Operations 6,008.47 2,809.92 954.15 1,307.08 GROSS NPA 16,361.44 16,361.44 12,994.16 15,866.11 GROSS NPA [%] 22.04 22.04 17.37 22.69 NET NPA 7,838.78 7,838.78 7,797.16 6,704.31 NET NPA [%} 11.95 11.95 11.22 11.04 Recovery in w/o A/cs 146.60 86.93 2.56 5.41 17
EXPOSURE TO MAJOR INDUSTRIES March 18 June 17 June 18 % Sector Amount % age Amount Amount % age age Infrastructure 10,732.66 14.46 11,351.19 15.17 15,511.24 22.18 Power 3,624.22 4.88 4,252.64 5.68 3,539.59 5.06 Telecom 1,788.42 2.41 1,787.57 2.39 1,105.08 1.58 Roads & Ports 2,859.47 3.85 2,859.84 3.82 2,841.12 4.06 Other Infra 2,460.55 3.31 2,451.14 3.28 8,025.45 11.48 Metal incl Iron & Steel 5,360.39 7.22 4,574.80 6.12 4,824.52 6.90 Textiles 3,806.33 5.13 3,657.84 4.89 3,491.59 4.99 Chemical & Chemical Products 810.22 1.09 884.48 1.18 772.57 1.10 All Engineering 2,929.02 3.95 3,115.57 4.16 2,432.75 3.48 Gems & Jewellery 782.53 1.05 761.36 1.02 809.56 1.16 Food Processing 1,390.59 1.87 1,447.60 1.94 1,274.16 1.82 Construction 2,542.08 3.42 2,385.13 3.19 2,524.94 3.61 18
RESTRUCTURED ADVANCES Sector March 18 June 17 June 18 % Amount Amount % age Amount % age age Agriculture 370.24 5.76 319.95 4.96 354.18 5.87 Power 1,437.96 22.37 1,562.64 24.21 1,391.00 23.06 Telecom 252.71 3.93 305.03 4.73 251.21 4.16 Road & Port 806.20 12.54 570.88 8.84 805.60 13.36 Textiles 271.54 4.22 281.77 4.36 266.34 4.42 Cement & Products 171.08 2.66 182.43 2.83 163.89 2.72 Iron & Steel 1,005.54 15.64 1,120.49 17.36 836.26 13.87 Civil Aviation 126.33 1.97 131.99 2.04 166.69 2.76 Hotel 28.09 0.44 28.09 0.44 27.45 0.46 Other Infrastructure 521.59 8.11 391.09 6.06 566.86 9.40 Others 1,437.23 22.36 1,561.09 24.18 1,201.38 19.92 Total * 6,428.51 100.00 6,455.45 100.00 6,030.86 100.00 19 * Of the Total Restructured Assets ` 2,320.67 cr is Std and ` 3,710.19 crs is NPA
CAPITAL ADEQUACY 31.03.2018 30.06.2017 30.06.2018 Net Worth 5,106.88 4,594.81 4,259.44 Risk Weighted Assets 72,955.55 78,669.88 67,600.87 Total Capital Funds 8,088.12 9,162.12 7,167.49 CET1 6,425.56 5727.98 5,507.25 Tier I Capital 6,425.56 7,229.48 5,507.25 Tier II Capital 1,662.56 1,932.64 1,660.24 Capital Adequacy Ratio Particulars 31.03.2018 30.06.2017 30.06.2018 Under Basel III 11.09 11.65 10.60 CET 1 8.81 7.28 8.15 Tier I 8.81 9.19 8.15 Tier II 2.28 2.45 2.45 20
KEY RATIOS Ratios Full Year Quarter Mar 18 Mar 18 June 17 June 18 A Cost of Deposits [%] 5.62 5.40 5.87 5.35 B Cost of Funds [%] 5.84 5.73 6.03 5.59 C Yield on Advances [%] 8.00 7.33 8.28 8.25 D Yield on Investments [%] 7.26 7.05 7.43 7.22 E Yield on Funds [%] 7.51 7.00 8.07 7.53 F Net Interest Margin [%] 2.19 1.78 2.44 2.61 G Provision Coverage Ratio [Incl Tech W/O] 60.20 60.20 51.72 65.70 21
KEY RATIOS Ratios Full Year Quarter Mar 18 Mar 18 June 17 June 18 A. Cost to Income Ratio 67.82 78.70 68.35 71.25 i) Staff Cost to Income Ratio 43.62 48.84 43.81 46.28 ii) Other Overhead to Income Ratio 24.20 29.86 24.54 24.97 B Net Profit to Total Income [19.05] [51.26] [5.06] [29.95] C D Return on Assets [Annualised] Return on Equity [Annualised] [1.59] [4.07] [0.43] [2.43] [26.17] [66.96] [8.14] [37.25] E Earning Per Share ` [18.06] [11.51] [1.69] [3.19] F Book Value ` 27.44 27.44 61.43 23.69 22
PRODUCTIVITY RATIOS Particulars March 18 June 17 June 18 Business per Branch [ ` cr] 100.20 100.76 96.83 Business per Employee [ ` cr] 13.25 13.03 12.87 Profit Per Branch [ ` lacs] [106.84] [7.36] [40.41] Profit Per Employee [ ` lacs] [14.13] [0.95] [5.37] 130 115 100 100.2 100.76 96.83 16 14 12 13.25 13.03 12.87 85 10 70 Mar18 June 17 June 18 8 Mar 18 June 17 June 18 Business per Branch 23 Business per Employee
SHARE HOLDING PATTERN FIIs 1.33% Indian Public 6.52% FI & Banks 1.71% Ins Cos 8.43% Mutual Funds 0.00% Corp. Bodies 1.01% NRIs & OCBs 0.26% Share Capital No. of Shares Net worth ` 2,259.04 cr 225.90 cr ` 4,259.44 cr B. V. per share ` 23.69 Return on Equity [37.25] (annualised) Govt. of India 80.74 Govt. of India 80.74% FII 1.33 Insurance Companies 8.43 FIs/Banks 1.71 Mutual Funds 0.00 Bodies Corporate 1.01 NRIs & OCBs 0.26 Public 6.52 24
BRANCH NETWORK March 18 June 17 June 18 Branches 1,872 1,874 1,858 Ext. Counters 5 5 5 ATMs 1,685 1,538 1,646 E- smart Lobbies 98 97 98 Category June 18 % share Rural 645 34.71 Semi Urban 435 23.41 Urban 358 19.27 Metro 420 22.60 Total 1,858 100.00 Category During June 18 Quarter 14 Branches has been merged and 39 ATMs has been closed. 19.27% 22.60% 23.41% 34.71% Rural Semi Urban Urban Metro 25
26 FINANCIAL INCLUSION Progress under PradhanMantriJan Dhanyojana(PMJDY) Parameters As on 30.06.2018 Accounts opened till 31.03.2018 44.87 lakh Deposits 1,06,908 lakh RuPaycards issued 27.71 lakh AadharSeeding 33.79 lakh Village Covered 6,503 (Actual) Sub Service Areas 2,124 (Actual) Urban Wards 776 (Actual) Progress Under PMSBY, PMJJBY AND APY SCHEMES Scheme Name As on 30.06.2018 Pradhan Mantri Suraksha Bima Yojana (PMSBY) 20,29,393 (actual) Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) 5,85,109 (actual) Atal Pension Yojana (APY) 1,28,238 (actual) Progress Under MUDRA yojana(pmmy) Category As on 30.06.2018 No of Accounts (Actual) Sanc. Amt. (in crore) O/S Amt. (in crore) Shishu (< Rs.50K) 97,416 6.72 5.10 Kishor (Above Rs.50K-Rs.5.00 Lacs) 42,519 39.98 31.76 Tarun(Above Rs.5.00 lacsto Rs.10.00 lacs) 7,467 48.18 39.52 1,47,402 94.88 76.38