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Corporate Presentation
February 2015
Disclaimer
2
This document does not constitute or form part of and should not be construed as an offer to sell or issue or the solicitation of an offer to buy or
acquire securities of Union Bank of India (the “Bank”) or any of its subsidiaries or affiliates in any jurisdiction or as an inducement to enter into
investment activity. No part of this document, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any
contract or commitment or investment decision whatsoever. This document is not financial, legal, tax or other product advice.
This document has been prepared by the Bank based on information available to them for use at a non-deal road show presentation by the Bank for
selected recipients for information purposes only and does not constitute a recommendation regarding any securities of the Bank. The information has
not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on,
the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. None of the Bank or any of its affiliates,
advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this
document or its contents or otherwise arising in connection with the document.
The statements contained in this document speak only as at the date as of which they are made, and the Bank expressly disclaims any obligation or
undertaking to supplement, amend or disseminate any updates or revisions to any statements contained herein to reflect any change in events,
conditions or circumstances on which any such statements are based. By preparing this presentation, none of the Bank, its management, and their
respective advisers undertakes any obligation to provide the recipient with access to any additional information or to update this presentation or any
additional information or to correct any inaccuracies in any such information which may become apparent.
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States absent registration or an exemption from registration.
This presentation contains forward-looking statements based on the currently held beliefs and assumptions of the management of the Bank, which are
expressed in good faith and, in their opinion, reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other
factors, which may cause the actual results, financial condition, performance, or achievements of the Bank or industry results, to differ materially
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uncertainties and other factors, recipients of this document are cautioned not to place undue reliance on these forward-looking statements.
Table of Contents
India Macroeconomic & Banking Sector Overview
Company Overview
Strategy Going Forward
Key Financials
3
#1
#2
#3
#4
Appendix#5
India Macroeconomic & Banking
Sector Overview
Indian GDP expected to rebound, supported by strong demographic profile
Source: 1. World Bank 2. India Census 2011; 3. Central Statistical Organisation, World Bank data, 4. IMF World Economic Outlook, October 2014
1. As of CY13, 3. Fiscal year ending March 31 for India growth corresponds to calendar year ending December 31 for Global growth i.e. FY06 corresponds to CY05, 4. For India, data is
for FY15E, FY16E and FY17E, for others it is as per calendar year
India Macroeconomic Overview
5
India: 3rd Largest Economy by GDP1 (PPP) Supported by Improving Demographic Mix2
High Historical Growth Rates
India GDP Expected to Increase Steadily, and Continue the Strong
Momentum4
% of Total Population
Working age population
is now 63.4%, against
61.1% in 2001
Median age of 26.9
years in 2011 against
27.7 in 2001
Real GDP at Market Prices – Growth Y-o-Y (%)3
11.8
%
12.0
%
11.7
%
10.1
%
8.9
%
41.1
%
4.4
%9.3
%
10.5
%
11.0
%
10.0
%
9.2
%
44.2
%
5.5
%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
0 - 4 Yrs 5 - 9 Yrs 10 - 14 Yrs 15 - 19 Yrs 20 - 24 Yrs 25 - 64 Yrs 65 - 100 Yrs
(%)
in 2001 in 2011
9.3% 9.3% 9.8%
3.9%
8.5%
10.3%
6.6%
4.7% 5.0%
3.6% 4.1% 3.9%
1.5%
-2.1%
4.1%
2.8% 2.3% 2.2%
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
FY06 /CY05
FY07 /CY06
FY08 /CY07
FY09 /CY08
FY10 /CY09
FY11 /CY10
FY12 /CY11
FY13 /CY12
FY14 /CY13
(%)
India GDP Growth Global GDP Growth
5.8
%
7.4
%
0.6
%
0.1
%
1.4
%
2.6
%
0.1
%
6.3
%
6.8
%
-3.0
%
0.3
% 2.1
%
2.7
%
0.6
%
6.5
%
6.3
%
-1.0
%
1.5
%
2.5
%
2.4
%
0.8
%
-6.0%
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
India * China Russia Brazil S. Africa UnitedKingdom
Japan
(%)
2014E 2015E 2016E
17.016.1
6.7
4.83.7 3.3 3.0
1.7 2.30.7
0
2
4
6
8
10
12
14
16
18
US
Chin
a
India
Jap
an
Germ
any
Russ
ia
Bra
zil
S. K
ore
a
Indo
nesi
a
S. A
fric
a
(US$ t
n)
Significant unbanked and under-banked segment in Indian Banking
India Macroeconomic Overview
6
Percentage of Banked customers1Significant Growth Opportunity (Domestic
credit as % of GDP – CY13)2 Low Branch Penetration 3
Low ATM Penetration3 Penetration and Low Life Insurance Density4
88.0
%
66.2
%
63.8
%
55.9
%
53.6
%
48.2
%
35.2
%
19.6
%0%
20%
40%
60%
80%
100%
US
Mala
ysi
a
Chin
a
Bra
zil
S.
Afr
ica
Russ
ia
India
Indonesi
a
(%)
47.3
38.8 38.235.3
11.410.4 9.6
05
101520253035404550
Bra
zil
Fra
nce
Russ
ia US
India
S.
Afr
ica
Indonesi
aCom
merc
ial Bank B
ranches
per
100,0
00 A
dult
s
182.0
118.6109.0
59.952.9
37.5 36.511.2
0
40
80
120
160
200
Russ
ia
Bra
zil
Fra
nce
S. A
fric
a
Mala
ysia
Chin
a
Indonesi
a
India
# A
TM
s per
100,0
00 p
eople
1.6
3.12.2
0.1
3.2
8.8
3.1
110 41246
19
1,684
3,474
1,392
0
500
1,000
1,500
2,000
2,500
3,000
3,500
0
2
4
6
8
10
China India BrazilRussia US UKGermany
(USD
)(%)
Penetration Density (RHS)
Source: 1. World Bank Financial Inclusion Report 2014; 2. World Bank Data for CY2013; 3. World Bank Data for CY2012; 4. IRDA Annual Report 2014
Company Overview
Brief Overview
8
Union Bank of India (the “Bank”) is the 5th largest nationalized bank in
India by assets as of December 31, 2014, and one of the leading banks in
terms of number of customers (49mn), as of March 31, 2014
Government of India’s (the “Government”) shareholding at 60.47% as of
December 31, 2014
Business divided into four principal areas: corporate banking, retail
banking, agricultural lending and MSME banking; also earns revenue from
treasury, international banking and other fee income businesses
Wide distribution network of 4,031 branches and 6,618 ATMs across the
country , and three overseas branches, four representative offices and a
foreign subsidiary, as of 31 December 2014 – the Bank added 1,016
branches and 3,984 ATMs between April 2011 and December 2014
Strong funding profile and low cost deposit base , with CASA share at 29%
of deposits as of December 31, 2014
INR million FY12 FY13 FY14 9MFY15
Net Interest Income 67,931 75,428 78,794 63,228
Net Profit 17,870 21,578 16,962 13,378
Total Assets 2,622,114 3,121,338 3,537,809 3,717,797
Advances 1,778,820 2,081,022 2,291, 044 2,415,120
Deposits 2,228,689 2,637,616 2,976,756 3,129,121
Shareholder's Equity 146,330 172,962 184,753 197,919
Total Liabilities 2,622,114 3,121,338 3,537,809 3,717,797
Deposits/Liabilities (%) 85.0% 84.6% 84.1% 84.2%
Net Interest Margin (%) 3.2% 3.0% 2.6% 2.5%
Cost-to-Income Ratio (%) 43.2% 44.7% 51.2% 52.1%
CRAR / Basel III (%) NA NA 10.8% 10.3%
Tier 1 Ratio / Basel III (%) NA NA 7.5% 7.3%
Net NPA Ratio (%) 1.7% 1.6% 2.3% 3.0%
ROAA (%) 0.8% 0.8% 0.5% 0.5%
ROE (%) 13.7% 13.7% 10.0% 9.7%
Overview Standalone Financials
Standalone Assets (as on December 31, 2014) Standalone Liabilities (as on December 31, 2014)
CASA : Current and Savings Account
Advances65.0%
Investments27.2%
Cash & Balance with RBI
3.4%
Balance with Banks / Monet at Call &
Short Notice2.4%
Fixed and Other Assets2.0%
Key Milestones
9
1919
1921
1944
1969
2005
2008 2014
2001
2002
2009
2011
2013
Incorporation
of the Bank
Inauguration of
the registered
office of the
Bank by
Mahatma Gandhi
Management
independence
granted from
Central Bank of
India
Bank nationalized
along with 13 other
banks
Business
reaches INR
500bn
Business reaches
INR 1,000bn
IPO of the Bank First large
nationalized bank
to install CBS
throughout its
branch network
Opens 1st overseas
branch in Hong
Kong
Enters into life
insurance business
Bank’s total business
crosses INR 5,000bn
1st nationalized
bank to achieve this
milestone before
centenary year
Enters into asset
management
business
Network of
more than
4,000
branches &
6,500 ATMs
Established
its first
overseas
subsidiary in
LondonBusiness: Advances + Deposits
Key Highlights
10
Strong and trusted brand with
large and stable customer
base
Extensive & specialized
distribution network focused
on the needs of different
business segments
Diversified asset portfolio
with increasing focus on RAM
segment
Strong technology-enabled
operating platform
Sovereign ownership and
experienced management
#1
#2
#3#5
#6
Strong funding profile and low
cost deposit base
#4
RAM = Retail, Agriculture and MSME
Strong and trusted brand with large and stable customer
base
11
#1
Ranking of Nationalized Banks* by Assets
Source: RBI, Bank Reports; *Including banks nationalized in 1969 and 1980
Rank
1
2
3
4
5
6
7
8
9
1990 1994 2004 2014
10
5th largest
nationalized
bank in India by
assets
Award & Recognitions
Institute of Directors,
New Delhi
2014: Winner
Golden Peacock Award
for Training
Indian Bank's Association
Banking Technology Awards
2014: Winner
Best Payments Initiative
Indian Bank's Association
Banking Technology Awards
2014: Runner-up
Best Technology Bank of
the year
Indian Bank's Association
Banking Technology Awards
2014: Runner-up
Best Risk Management &
Security
Indian Bank's Association
Banking Technology Awards
2014: Runner-up
Best use of Mobility
Technology
Indian Bank's Association
Banking Technology Awards
2014: Runner-up
Best Internet Bank
Indian Bank's Association
Banking Technology Awards
2014: Runner-up
Best use of Technology
in Training & Learning
Initiative
Chamber of Indian Micro,
Small & Medium Enterprises
2014: Winner
MSME Banking
Excellence Award
Extensive & specialized distribution network focused on
the needs of the different business segments
12
#2
# Domestic Branches* (4,031) # ATMS* (6,618)
Maharashtra
(500) (1,042)
Madhya Pradesh
(272) (587)
Andhra
Pradesh
(164) (219)
Assam
(67) (91)Bihar
(132) (161)
Delhi (94) (328)
Goa
(15) (39)
Gujarat
(260) (442)
Haryana
(104) (149)
Himachal Pradesh
(20) (29)
Jammu & Kashmir
(12) (20)
Jharkhand
(82) (97)
Karnataka
(154) (332)
Kerala
(234) (374)
Orissa
(116) (145)
Rajasthan
(124) (159)
Tamil
Nadu
(222) (343)
Uttarakhand (82) (151)
Uttar Pradesh
(896) (1,139)
West Bengal
(168) (264)
Telangana
(76) (151)
Punjab
(137) (194)
Andaman &
Nicobar
(1) (1)
Arunachal Pradesh
(1) (1)
Chandigarh
(10) (20)
Dadra, Nagar
Haveli
(1) (2)
Daman & Diu
(1) (2)
Manipur
(1) (1)
Meghalaya
(5) (4)
Mizoram
(1) (1)
Nagaland
(1) (1)
Pondicherry
(4) (6)
Sikkim
(8) (7)
Tripura
(7) (9)
Extensive network across India, which enables the Bank to cater to its large customer
base of over 49 mn as of March 31, 2014
Overseas branches in Hong Kong, Dubai and Antwerp, in addition to representative
offices in Shanghai, Beijing, Abu Dhabi and Sydney
Operates in the UK through its wholly owned subsidiary, Union Bank of India (UK) Ltd.
The Bank has 31 extension counters and 47 service branches in addition to its regular
bank branches (as of December 31, 2014)
Branch Distribution by Urbanization*
Branch Distribution by Geography*
Urban21.0%
Semi Urban29.0%
Rural32.0%
Metro18.0%
Geographical diversification minimizes regional risks
*Data as of December 31, 2014
61% branches in rural/semi-urban markets
3,2
01
3,5
11
3,8
71
4,0
34
3,8
01
4,6
03 6,4
29
6,6
18
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
Mar-12 Mar-13 Mar-14 Dec-14
(#)
Total Branches ATMs
Extensive & specialized distribution network focused on
the needs of different business segments (Cont‟d.)
13
#2
FI = Financial Inclusion
Branch & ATM Growth Rural Branches FI Outlets
FI Accounts Opened CASA Deposits from FI Bank added 1,016 branches and 3,984
ATMs between April 2011 and
December 2014– benefits of the
platform to accrue over time
Extended banking facilities to
unbanked and under-banked
population through “Mobile Van” and
“Kiosk” Banking
Engaged 10,363 Business
Correspondents for Financial inclusion
activities as of December 31, 2014
CAGR („12 – ‟14)
Total Braches: 8.8%
ATMs: 22.3%
CAGR („12-‟14)
Rural Branches: 10.9%
Villages Covered: 23.8%
10.4
12.513.1 13.4
0
2
4
6
8
10
12
14
FY12 FY13 FY14 9MFY15
(mn)
8,407
11,141
10,076 10,363
0
2,000
4,000
6,000
8,000
10,000
12,000
Mar-12 Mar-13 Mar-14 Dec-14
(#)
Diversified asset portfolio with increasing focus on RAM
segment
14
#3
Corporate Banking
Services to corporate customers, including large
and medium-sized businesses:
‒ Term Loans: for financing acquisitions,
construction or improvement of assets and
project finance
‒ Cash Credit & Other Working Capital
Facilities: credit facilities secured by working
capital assets
‒ Letters of Credit: partially or fully secured
facilities
‒ Guarantees: generally secured by a counter
guaranteeor a fixed or floating charge on the
assets
Agricultural Lending
Offers various products and services to the
agricultural community to assist rural
development
‒ Provided through ~2,400 branches located in
rural and semi-urban areas
‒ Short to medium term financing including
crop loans and for other agricultural needs
‒ Entered into tie-up arrangements with
corporates for financing purchase of livestock
for the purpose of milk production
Retail Banking
Offers a wide variety of retail loans and
specialized sector loans
‒ Retail loans includes personal loans, home
loans, education loans, and automobile loans
‒ Credit & Debit Cards:
Treasury & International Banking
Offers a range of products and services for
corporate and commercial customers
‒ Foreign Exchange Operations: undertakes all
types of foreign exchange transactions under
license from the RBI
‒ Export Credit: offers both pre- and post-
shipment credit to Indian exporters
‒ Import Finance: provides various types of
credit facilities & other services to importers
‒ Bullion Business: the Bank is a leading player
in the bullion Market and offers various
financial products related to bullion
‒ Overseas Operations: The Bank is present in 8
international cities to meet the banking
requirements of international & large Indian
corporates
MSME Banking
MSME lending is a core focus area of the Bank
‒ Offers a range of loans and advances to MSME
customers to satisfy their financial needs
‒ 700 dedicated business banking branches
(BBBs) promoting and providing financial
services to MSMEs and 20 Saral centers for
speedy appraisal and sanction of MSME loans
‒ Working capital loans, capital subsidy and
providing guarantees to collateral free loans
are some of the other products
Other Products and Services
Life Insurance: Life Insurance JV (Star Union Dai-
ichi Life Insurance Company Limited) with Bank
of India and Dai-ichi Life, in which the Bank owns
26%
Asset Management: The Bank offers mutual
funds and allied services through its subsidiary
Union KBC Asset Management Company Private
Limited
Other Services: The Bank offers merchant
banking services, depository services, online
trading services, and safe deposit lockers
RAM = Retail, Agriculture and MSME
Diversified asset portfolio with increasing focus on RAM
segment (Cont‟d.)
15
#3
RAM = Retail, Agriculture and MSME
Revenue Across Segments Advances Across Segments Retail Loans Across Segments
Increasing Share of RAM in Domestic Advances
Focus on RAM segments has led to substantial
increase in these segments’ share of loan advances
The Bank believes higher RAM share leads to better
risk diversification, efficient capital utilization and
improved margins
Treasury Operations
26.0%
Retail Banking Operations
28.8%
Corporate /Wholesale Banking
44.3%
Other Banking Operations
0.9%
Over 9 months FY15As on December 31, 2014; Others include international
loansAs on December 31, 2014
Housing59.2%
Personal3.0%
Education8.1%
Mortgage (LAP)16.3%
Vehicle 8.4%
Other5.0%
Strong funding profile and low-cost deposit base
16
#4
Deposits as % of Total Liabilities Credit / Deposit Ratio CASA Ratio
CASA Accounts Opened* Total and CASA Accounts*
Strong and growing retail deposit
base- growth in new CASA
accounts has been significant
Well matched funding profile :
credit-deposit ratio has
remained stable at
approximately 80%
81.2% 80.3% 78.7% 79.3%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Mar-12 Mar-13 Mar-14 Dec-14(%
)
31.3% 31.0%29.5% 28.7%
0%
5%
10%
15%
20%
25%
30%
35%
Mar-12 Mar-13 Mar-14 Dec-14
(%)
*Total and CASA accounts excludes no-frills accounts
29.1
32.5
36.839.7
23.126.0
29.431.8
0
5
10
15
20
25
30
35
40
45
Mar-12 Mar-13 Mar-14 Dec-14
(mn)
Total Accounts CASA Accounts
Strong technology-enabled operating platform
17
#5
Share of Electronic Transactions Card User Base Card Transaction Value
Internet Banking User Base SMS Banking User Base Mobile Banking User Base
First large nationalized bank to successfully implement 100% CBS (core banking solution) in 2008
The Bank was winner in one and runner-up in five categories in the Indian Bank’s Association’s Technology awards in 2014
Significant increase in electronic transactions and card transaction volumes / value in recent years
The Bank has witnessed strong growth in internet, SMS and mobile banking user base
8.0
10.4
13.5
19.3
0
4
8
12
16
20
Mar-12 Mar-13 Mar-14 Dec-14
(mn)
0.70.8
1.01.1
0.0
0.2
0.4
0.6
0.8
1.0
1.2
Mar-12 Mar-13 Mar-14 Dec-14
(mn)
4.2
7.7
11.912.6
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
Mar-12 Mar-13 Mar-14 Dec-14
(mn)
28.0
54.8
87.3
121.4
0
20
40
60
80
100
120
140
Mar-12 Mar-13 Mar-14 Dec-14
('000)
299.1 319.2
477.8
535.0
0
100
200
300
400
500
600
FY12 FY13 FY14 9MFY15
(IN
R b
n)
Strong technology-enabled operating platform(Cont‟d.)
18
#5
Income from Alternate Channels Cost-to-Income Ratio (%)
Business per Employee Business per Branch
Strong technology platform has enabled the Bank to maintain cost-to-income ratio, despite ramp-up in branch and ATM network
Significant investment in information technology has improved productivity parameters
1.8
2.22.3
1.7
0
1
1
2
2
3
FY12 FY13 FY14 9MFY15
(IN
R b
n)
43.2% 44.7%
51.2% 52.1%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
FY12 FY13 FY14 9MFY15
(%)
1.26
1.351.37
1.39
1.15
1.20
1.25
1.30
1.35
1.40
FY12 FY13 FY14 9MFY15
(IN
R b
n)
0.13
0.150.16 0.16
0.00
0.02
0.04
0.06
0.08
0.10
0.12
0.14
0.16
0.18
FY12 FY13 FY14 9MFY15
(IN
R b
n)
Sovereign ownership and experienced management
19
#6
Shareholding Pattern (December 31, 2014) Key Management Personnel
Strong capital support from the Government,
with total capital infusion of INR 25.76bn
since nationalization in 1969
Exclusively authorized to service the
accounts of 4 Government ministries:
Ministry of Labour & Employment, Ministry of
Environment & Forest, Ministry of Science &
Technology and Ministry of Statistics &
Program Implementation
Technological capabilities allow the Bank to
gain an increasing share of Government
business
The Bank has an experienced management team, with more than 30 years of banking and
financial services experience
Rakesh Sethi
Executive Director
Over 35 years of diverse banking experience primarily with Bank of India
Served overseas, including as the Chief Executive of Bank of India’s European operations
K Subrahmanyam
Executive Director
Over 30 years of professional banking experience
Prior to assuming the post of Executive Director, was General Manager at Indian Overseas Bank
Arun Tiwari
Chairman & Managing Director
Over 35 years of banking experience across all key banking segments
Also Non-Executive Chairman & Director of Union KBC Asset Management Company Pvt. Ltd.
Previously General Manager of Bank of Baroda, before being elevated to Executive Director at Allahabad Bank
Previously held director-level positions in AllBank Finance Ltd. and General Insurance Corporation of India
Strategy Going Forward
Strategy Going Forward
21
Continue to focus on
growth of RAM
segments
Identified growing its RAM business as a priority business initiative, as it will offer large and potentially profitable growth
opportunities
Within retail, the focus is on mortgage-based retail products, to reduce the risk associated with loans having less or no collateral
Further expand its MSME banking activities by establishing more MSME branches and loan processing centers (“Saral Centers”)
Leveraging its presence in rural and semi-urban centres, the Bank intends to maintain and enhance its position as one of the leading
banks for agricultural lending
Deepen liability
franchise for
enhancing low cost
deposit
Extensive distribution network and wide geographic presence has led to a stable CASA deposit base
The Bank intends to continue leveraging its expanding network to tap additional CASA accounts
Marketing to corporates and Government agencies to handle their CASA accounts
Government’s Direct Benefits Transfer program will also provide opportunities to increase its CASA
Focus on capital
optimization and
operational
efficiencies
Continue to endeavor to improve the Bank’s organizational structure to develop and optimize its business opportunities more
effectively such as
‒ Better utilization of branch space and personnel to enhance customer service
‒ Improve marketing and sales by centralizing back office support
Optimization of capital usage through stable growth combined with efforts to effectively manage NPAs
Focus on enhancement of NPA recovery, diversifying its loan portfolio and implementing credit risk management initiatives
Continue to leverage significant investments in technology to improve operational efficiencies, and increase focus on digital banking
offerings and analytics
Continue to strengthen
risk management
capabilities
Continuously strengthening its risk management and internal control capabilities by improving policies and procedures and introducing
advanced risk management tools
Currently working with internationally recognized consultants to implement more advanced integrated approaches to risk
management
Attract, motivate and
develop talented and
experienced
professionals
Continue to focus on recruiting, retaining, motivating and developing talented and experienced professionals through:
‒ Extensive on the job and classroom training
‒ Offering a variety of placement choices
‒ Merit-based promotions
Key Financials
Standalone Financials
23
Profit & Loss Summary and Key Operational Highlights
INR Million FY12 FY13 FY14 9M FY15
Interest Earned 210,285 251,247 293,494 238,433
Interest Expended 142,354 175,819 214,701 175,205
Net Interest Income (NII) 67,931 75,428 78,794 63,228
Other Income 24,482 25,520 28,215 23,799
Operating Income (NII+ Other Income) 92,413 100,948 107,009 87,027
Operating Expenses 39,875 45,122 54,828 45,316
Operating Profit 52,536 55,826 52,181 41,711
Provisions and Contingencies 34,666 34,248 35,219 28,333
Net Profit 17,870 21,578 16,962 13,378
Shareholder's Equity 146,330 172,962 184,753 197,919
Key Ratios (%)
NIM 3.2 3.0 2.6 2.5
Cost to Income 43.2 44.7 51.2 52.1
Credit Deposits Ratio 81.2 80.3 78.7 79.3
GNPA 3.0 3.0 4.1 5.1
NNPA 1.7 1.6 2.3 3.0
ROAA 0.8 0.8 0.5 0.5
ROE 13.7 13.7 9.9 9.7
Yield of Funds 9.4 9.2 9.0 9.0
Cost of Funds 6.3 6.4 6.6 6.6
PCR 62.2 65.2 59.9 57.3
CRAR/ Basel III N.A N.A 10.8 10.3
Standalone Financials (Cont‟d.)
24
Balance Sheet Summary (INR mn)
INR million FY12 FY13 FY14 9M FY15
Assets
Cash and Balance with RBI 116,336 107,629 184,197 126,129
Balances with Banks & Money at Call & Short Notice 40,415 54,475 46,532 89,501
Investments 623,636 808,304 937,232 1,011,586
Advances 1,778,820 2,081,022 2,291,044 2,415,120
Fixed Assets 23,358 24,790 26,084 26,656
Other Assets 39,549 45,117 52,720 48,805
Total Assets 2,622,114 3,121,338 3,537,809 3,717,797
Liabilities
Capital 6,615 7,078 7,413 6,358
Reserves and Surplus 139,715 165,884 177,341 191,561
Deposits 2,228,689 2,637,616 2,976,756 3,129,121
Borrowings 179,096 237,973 293,166 306,575
Other Liabilities and Provisions 67,999 72,787 83,133 84,182
Total Liabilities 2,622,114 3,121,338 3,537,809 3,717,797
Consolidated Financials
25
Profit & Loss Summary
INR million FY12 FY13 FY14
Income Statement
Interest Earned 211,525 251,685 293,935
Interest Expended 142,297 175,754 214,667
Net Interest Income 69,228 75,931 79,268
Other Income 23,163 28,680 31,407
Operating Income 92,391 104,611 110,675
Operating Expenses 40,163 49,055 58,761
Operating Profit 52,228 55,556 51,914
Provisions and Contingencies 34,670 34,245 35,219
Net Profit 17,558 21,311 16,695
Consolidated Financials (Cont‟d.)
26
Balance Sheet Summary
INR million FY12 FY13 FY14
Assets
Cash and Balance with RBI 116,337 107,632 184,200
Balances with Banks & Money at Call & Short Notice 40,701 54,480 49,006
Investments 631,038 818,083 946,364
Advances 1,778,821 2,081,024 2,291,047
Fixed Assets 23,478 24,954 26,234
Other Assets 39,872 42,946 53,294
Total Assets 2,630,247 3,129,119 3,550,145
Liabilities
Capital 6,615 7,078 7,413
Reserves and Surplus 141,171 167,224 180,040
Minority Interest 406 297 192
Deposits 2,227,765 2,636,816 2,976,511
Borrowings 179,095 237,969 293,162
Other Liabilities and Provisions 75,195 79,735 92,827
Total Liabilities 2,630,247 3,129,119 3,550,145
Appendix
Advances – Top Exposures
28
Sectors
Top 10 Sectors (Domestic)
% Share in Advances
Top 10 Sectors (Domestic)
(December 31, 2014)
Mar-13 Mar-14 % Share Amount (INR bn)
Infrastructure 16.4 16.3 15.7 356
Retail Advances 9.3 11.5 13.3 302
Agriculture 9.4 11.8 13.1 297
Trade 4.7 11.5 12.5 284
NBFCs and HFCs 10.9 10.2 10.1 230
Basic Metal Product 5.1 6.6 5.9 133
Textiles 2.8 3.1 3.0 68
Food Processing 2.4 3.3 2.7 62
Commercial Real Estate 1.7 2.3 2.4 55
Gems & Jewellery 1.6 2.1 2.1 49
Asset Quality & Restructured Assets
29
Sectors
Slippages
During Dec 14
(INR bn)
NPAs
Dec 14
(INR bn)
% to
Total NPAs
% to Sector Loan
Dec-13 Mar-14 Sep-14 Dec-14
Agriculture 1.3 16.1 12.8 6.9 6.2 5.7 5.4
Micro and Small (MSE) 4.0 21.6 17.2 5.1 5.0 5.3 5.6
Retail Loans 1.1 6.1 4.8 2.2 2.0 2.1 2.0
Others 11.0 82.1 65.2 3.3 3.9 4.8 5.5
Total 17.4 126.0 100.0 3.9 4.1 4.7 5.1
Asset Quality
Restructured Assets
ParticularsStandard
(INR bn)
NPAs
(INR bn)
Total
(INR bn)
Restructured Assets as on March 31, 2014 123.5 30.8 154.3
Fresh Restructuring during Apr-Dec 2014 24.2 1.9 26.1
Up gradation to Restructured Accounts during Apr-Dec 2014 0.2 (0.2) 0.0
Restructured Standard Advances which cease to attract higher provisioning and need not be
shown as Restructured Assets(18.1) 0.0 (18.1)
Down gradation of restructured accounts during Apr-Dec 2014 (10.2) 10.2 0.0
Change in Outstanding/Write-off/ Recovery/Closures 3.9 0.4 4.3
Restructured Accounts as on December 31, 2014 123.5 43.1 166.6
Outstanding Standard Restructured Assets excluding SEBs as % to Gross Advances (as on December 31, 2014): 2.8%
Thank You
