A Premier Public Sector Bank 1. 2 Particulars31 st Mar’0931 st Dec’09 Branches10541094 Extension...

A Premier Public Sector Bank

1


2

Particulars 31st Mar’09 31st Dec’09

Branches 1054 1094

Extension Counters 7 3

ATMs 1032 1057

Total 2,093 2154

SERVICE OUTLETS

Increase by: 128 61

[12M] [9M]

The Bank has 2 representative offices at Dubai & HongKong


3

Category 31.03.09 % to total 31.12.09 % to total

Rural 189 18% 196 18%

Semi Urban 244 23% 252 23%

Urban 308 29% 316 29%

Metro 313 30% 330 30%

Total 1,054 100% 1,094 100%

SERVICE OUTLETS


4

Particulars 2001

March

2002

March

2003

March

2004

March

2005

March

2006

March

2007

March

2008

March

Branches 652 659 684 722 777 835 901 981

Branches opened during the year

4 7 25 38 55 58 66 80

Particulars 31.03.09 31.12.09

Branches 1054 1094

Branches opened during the financial year 73 40

BRANCH NETWORK


5

Branches: Branches: 10941094EC:EC: 3 3Online ATMs:Online ATMs: 1057 1057

Covering Covering 2424 States & States & 22 UT UT

1516

Delhi: 59 95

5269

2427

314291

122104

Goa: 42 24

Kerala: 65 46

10675

114107

Meghalaya 1 / 1

5157

910

3 /5

4 / 4

1 / 1

3 /3

PunjabChgrh28 / 25

Haryana34 / 32

Branch NetworkBranch Network

P’cheryP’chery2 / 2 / 11

Assam1/ 1

Sikkim1 / 1

29/34



Ownership pattern

% holding as on

31.03.2009

% holding as on

31.12.2009

Government of India 57.17 57.17

Life Insurance Corporation of India

26.32 26.32

Financial Institutions, Mutual Funds, Banks & Corporate Bodies

9.93 9.59

Foreign Institutional Investors & Overseas Corporate Bodies

3.62 3.98

Non Resident Indians 0.29 0.22

Resident Individuals 2.67 2.72

Total 100.00 100.00


7

(i) Total Business – as at

31.12.2005 31.12.2006 31.12.2007 31.12.2008

31.12.2009 Growth (abs)

Growth %

(09/08)

Deposits 29,702.44 39,649.19 49,175.44 61,894.45 84,411.04 22,516.59 36.38%

Advances 22,084.40 28,854.69 34,457.96 44,936.99 56,710.06 11,773.07 26.20%

Total Business 51,786.84 68,503.88 83,633.40 106,831.44 141,121.10 34,289.66 32.10%

Business Parameters

(ii) Average Business

31.12.2005 31.12.2006 31.12.2007 31.12.2008 31.12.2009 Growth (abs)

Growth %

(09/08)

Deposits 27,865 34,524 43,208 56,437 74,120 17,683 31.33%

Advances 19,108 25,466 30,288 39,648 47,991 8,343 21.04%

Total Avg. Business 46,973 59,990 73,496 96,085 122,111 26,026 27.09%

Avg. Working Funds 33,818 41,200 50,700 66,600 88,200 21,600 32.43%

PERFORMANCE HIGHLIGHTS – Dec’2009 Rs. in Crore


PERFORMANCE HIGHLIGHTS – Dec’2009

Dec-05 Dec-06 Dec-07 Dec-08 Dec-09

Total Business 51,787 68,504 83,633 106,831 141,121

Total Business

Total business growth y-o-y Rs.34,290

crore

Total business growth y-o-y 32.10%

51787

68504

83633

106831

141121

0

20000

40000

60000

80000

100000

120000

140000

160000

'Dec-05 Dec-06 Dec-07 'Dec-08 'Dec-09

[Rs.in crore]


9

Dec-05

(9 M)

Dec-06

(9 M)

Dec-07

(9 M)

Dec-08

(9 M)

Dec-09

(9 M)

Growth (abs)

D’09/ D’08

Growth %

(Y-O-Y)

D’09/D’08

Operating Profit

782.36 796.85 847.64 1,121.89 1,658.49 536.60 47.83%

Net Profit 344.19 417.67 529.39 632.28 857.92 225.64 35.69%

Net Profit grew by 35.69% to Rs.857.92 crores

[Rs.in crore]Gross and Net Profit

PERFORMANCE HIGHLIGHTS – Dec’2009

Dec-07

(Q3)

Dec-08

(Q3)

Dec-09

(Q3)

Growth (abs)

Q3-09/ Q3-08

Growth % Q3-09/Q3-

08

Operating Profit

277.55 449.40 551.61 102.21 22.7%

Net Profit 190.90 256.47 305.00 48.53 18.9%


10

Gross NPA stood at 1.32% as against 1.24% in Dec ‘2008 Net NPA stood at 0.45% as against 0.33% as on Dec ‘2008 Cash Recovery (including upgradation) amounted to Rs.216.99

crore as against Rs.193.44 crore during corresponding previous 9 months period

31.03.09 31.12.08 31.12.09

1 Gross NPA 1.14% 1.24% 1.32%

2 Net NPA 0.29% 0.33% 0.45%

3Provision Coverage

75.27% 73.24% 73.25%

Recovery & Asset Quality


11

PARTICULARS FY 2008-099 M

FY 2009-109M

Growth (D’09/D’08) (%)

Total Income 4,974.93 6,286.16 26.36%

Interest Income 4,360.97 5,372.39 23.19%

a) from Advances 3,219.80 3,677.98 14.23%

b) from Investments 1,044.19 1,540.24 47.51%

c) Others (Swap, RIDF, Call) 96.98 154.17 58.97%

Non-interest Income 613.96 913.77 48.83%

TOTAL INCOME(Rs.in crore)


12

NON INTEREST INCOME(Rs.in crore)

FY 2008-09

9 M

FY 2009-10

9 M

Growth (%) (Dec’09/Dec’08)

Non-interest Income from Core areas 313.48 440.03 40.37%

Profit on Exchange Trans. 46.34 69.82 50.66%

Profit on Sale of Investments 151.58 296.95 95.91%

Dividend on Shares 6.08 3.75 -38.29%

Cash Management Services 29.82 26.42 -11.40%

Bad Debts Recovery (Write back) 66.66 76.80 15.20%

Total Non-Interest Income 613.96 913.77 48.83%


13

Non-interest income – core area breakup (Rs.in crore)

Non-interest Income (Core) FY 2008-099M

FY 2009-109M

% growth 09/08

1 Credit risk related income: 96.58 126.31 30.78%

a) Letter of Credit 35.68 49.79 39.53%

b) BG commission 46.95 64.02 36.36%

c) Exchange/Brokerage 13.95 12.50 -10.35%

2 Other Fee Income 216.90 313.72 44.64%

a) Bills for collection 11.22 10.59 -5.64%

b) TT/DD/MT sold 20.04 18.64 -6.96%

c) Locker Rent 12.69 16.12 27.05%

d] Processing fee 55.84 97.43 74.48%

e) Service Charges 28.89 69.78 141.50%

f) Cheque issue charges 9.57 10.74 12.23%

g) Underwriting commission 1.75 8.63 393.14%

h) Gold/Bullion Operations 8.77 5.11 -41.72%

i) Commission on Others 28.37 25.19 -11.20%

j) Third Party Products, Bancassurance/ Govt Business /MF 8.88 8.76 -1.35%

k) Miscellaneous 30.88 42.73 38.37%

Total 313.48 440.03 40.37%


14

TOTAL EXPENSES

PARTICULARS FY 2008-099M

FY 2009-10 9M

Variance % (Dec09/Dec08)

Total Expenses 3,853.04 4,627.67 20.10%

Interest Expenses 3,098.28 3,801.90 22.71%

a) Interest on Deposits 2,926.00 3,422.58 16.97%

b) Interest on Borrowings 172.28 379.32 120.17%

Operating Expenses 757.76 825.77 9.41%

a) Salaries 364.07 362.32 -0.48%

b) Other Operating Expenses

390.69 463.45 18.62%

(Rs.in crs)

Salaries (Excl. of AS15) 265.07 300.32 13.30%


15

Particulars Mar’09

(12 M)

Dec 07

(9 M)

Dec 08

(9 M)

Dec 09

(9 M)

Growth[Dec09/Dec08]

Growth [Dec09/Dec08]

Interest Income 6,067.35 3,291.74 4,360.97 5,372.39 1,011.42 23.19%

Interest Expenses

4,376.37 2,222.28 3,098.28 3,801.90 703.62 22.71%

Interest Spread 1,690.98 1,069.46 1,262.69 1,570.49 307.80 24.38%

Dec’07(Q3)

Dec’08(Q3)

Mar’09(Q4)

June’09(Q1)

Sept’09 (Q2)

Dec’09 (Q3)

348.24 477.98 428.29 467.54 503.51 599.44

Interest Spread

Interest Spread(Rs.in crs)


Income/Expenses – Quarterly comparison [Sequential]

Particulars Jun’09 [Q1]

Sep’09 [Q2]

Dec’08 [Q3]

Dec ’09 [Q3]

Growth D’09/D’08

Abs %

Interest Income 1,742.21 1,769.54 1,623.49 1,860.64 237.15 14.6%

Non-interest Income 359.32 302.80 282.03 251.65 -30.38 -10.8%

Non-int. income from core areas

125.44 151.61 113.93 162.98 49.05 43.1%

Total Income 2,101.53 2,072.34 1,905.52 2,112.29 206.77 10.9%

Interest Expenses 1,274.67 1,266.03 1,145.51 1,261.20 115.69 10.1%

Salaries etc. 115.96 115.32 173.73 131.04 -42.69 -24.6%

Other Operating Expenses 139.66 155.35 136.88 168.44 31.56 23.1%

Total Expenses 1,530.29 1,536.70 1,456.12 1,560.68 104.56 7.2%

Interest Spread 467.54 503.51 477.98 599.44 121.46 25.4%

Provisions & Contingencies

309.99 243.97 192.93 246.61 53.68 27.8%

(Rs.in crs)


17

PARTICULARS Mar-09 (12M)

Dec-07 (9M)

Dec-08 (9M)

Dec-09 (9M)

Increase(%) (Dec09/Dec08)

Operating Profit 1,796.62 847.64 1,121.89 1,658.49 47.83%

Provisions 903.85 318.25 489.61 800.57 63.51%

a. For Bad & Doubt Debts 170.00 76.00 130.00 219.62 68.94%

b. On Standard Assets 9.00 36.60 9.00 27.00 200.00%

c. NPA under Investments -- -1.19 0.00 -0.01 ---

d. Investment Depreciation 154.48 -27.79 0.66 55.98 ---

e. Tax (incl. Deferred Tax/ FBT)

493.48 234.42 314.47 424.50 34.99%

f. Others 76.89 0.21 35.48 73.48 107.10%

Net Profit 892.77 529.39 632.28 857.92 35.69%

PROFIT AND LOSS ACCOUNT [Rs.in crore]


18

Mar’09 Dec’07 Dec’08 Dec’09

Net Worth 4,897 4,295 4,861 5,754

CRAR- Basel I 13.66% 12.07% 12.76% 15.48%

CRAR – Basel II 13.61% 11.00% 12.00% 17.24%

[Rs.in crore]

CAPITAL ADEQUACY

• Bank is well capitalised

CRAR under BASEL I requirement is 15.48% of which Tier-I is 9.32% and Tier II is 6.16 %.

CRAR under BASEL II requirement is 17.24% of which Tier-I is 10.38% and Tier II is 6.86%.

Bank has raised Rs.2,050 crore bonds to augment capital requirement of which Rs. 1,550 crore is upper Tier II bonds and Rs.500 crore is Tier I Bonds during 2009-10.


19

Cost/ Yield/ NIM Mar’09 (FY)

Sep’09 (H1)

Dec’07 (9M)

Dec’08 (9M)

Dec’09 (9M)

EARNING RATIOS:

a Cost of Deposits 7.02% 6.44% 6.42% 6.91% 6.16%

b Yield on Advances 10.82% 10.35% 10.27% 10.83% 10.22%

c Yield on Investments 7.68% 6.82% 7.68% 7.70% 6.76%

d Cost of Funds 6.30% 5.97% 5.84% 6.20% 5.75%

e Yield on Funds 8.73% 8.25% 8.66% 8.73% 8.12%

f Interest Spread (NIM) 2.43% 2.28% 2.81% 2.53% 2.37%

KEY RATIOS


20

Cost/ Yield/ NIM Dec’08 (Q3)

Mar’09 (Q4)

Jun’09 (Q1)

Sep’09 (Q2)

Dec’09 (Q3)

EARNING RATIOS:

a Cost of Deposits 7.16% 7.31% 6.67% 6.22% 5.65%

b Yield on Advances 11.69% 10.62% 10.61% 10.14% 9.93%

c Yield on Investments 7.58% 7.58% 7.06% 6.60% 6.66%

d Interest Spread (NIM) 2.71% 2.19% 2.26% 2.30% 2.54%

KEY RATIOSQuarterly Comparison (sequential)


21

RATIOS Mar’09 (FY)

Sep’09 (H1)

Dec’07 (9M)

Dec’08 (9M)

Dec’09 (9M)

Earnings / Efficiency Ratios:

a. Cost to Income Ratio 35.79% 32.23% 44.57% 40.22% 33.24%

b. Operating Expenses To AWF 1.44% 1.24% 1.79% 1.51% 1.25%

c. Return on Assets (%) 1.28% 1.30% 1.39% 1.27% 1.30%

d. Return on Equity (%)

(Net Profit / Net Worth) 18.23% 20.29% 16.43% 17.34% 19.88%

e. Asset Utilisation (%)

(Operating Profit to Average Working Fund)

2.59% 2.60% 2.23% 2.25% 2.51%

f. Earning Per Share (Rs.) 62.24 77.09 49.21 58.77 79.75

g. Book Value Per Share (Rs.) 341.36 379.91 299.42 338.89 401.17

KEY RATIOS


22

Mar’09 (FY)

Sept’09 (H1)

Dec’07 (9M)

Dec’08 (9M)

Dec’09 (9M)

a.Burden[-] / Contribution 105.65 135.83 -221.82 -140.80 88.00

b.Non-Interest Income to Total Income 15.43% 15.86% 12.26% 12.34% 14.54%

c.Staff Expenses to Total Expenses 8.70% 7.54% 12.06% 9.45% 7.83%

d.Staff Expenses to AWF 0.67% 0.54% 0.92% 0.73% 0.55%

KEY RATIOS[Rs. In Crores]


23

Ratios Mar’09 (FY)

Sep’09 (H1)

Dec’07 (9M)

Dec’08 (9M)

Dec’09 (9M)

PRODUCTIVITY RATIOS: (Rs. in lacs)

a.

Business per Employee 1,048.86 1,132.23 750.68 920.96 1,190.90

b.

Net Profit per Employee 7.64 9.38 6.34 7.27 9.65

c. Operating Profit per Branch 170.46 204.98 119.09 144.39 202.13

d.

Avg. Business per Branch 9,362.90 10,946.57 7,744.57 9,274.61 11,161.88

PRODUCTIVITY RATIOS


24

RESOURCES


25

Aggregate Deposits growth 36.38% (y-o-y)

Average Deposits growth 31.33% (y-o-y)

Cost of Deposit decreased from 6.91% in Dec’08 & 7.02% in Mar’09 to 6.16%

Dec-07 Dec-08 Dec-09

Deposits 49,175 61,894 84,411

Cost of Deposit % 6.42% 6.91% 6.16%

[Rs. In crore]

49175

61894

84411

0

10000

20000

30000

40000

50000

60000

70000

80000

90000

'Dec-07 Dec-08 'Dec-09

DEPOSITS



26

[Rs.in crore]

COMPOSITION OF DEPOSITS


Particulars 31.03.09 Share

(%)

31.12.08 Share

(%)

31.12.09 Share

(%)

Growth Dec09/ Dec08

Current

Deposits

13,174.19 17.81% 6,353.13 10.26% 7,617.85 9.02% 19.91%

Savings

Deposits

10,089.47 13.64% 9,255.34 14.95% 12,027.33 14.25% 29.95%

Total Demand Deposits[CASA]

23,263.66 31.44% 15,608.47 25.22% 19,645.18 23.27% 25.86%

Time Deposits 50,720.25 68.56% 46,285.98 74.78% 64,765.86 76.73% 39.93%


27

[Rs.in crore]

COMPOSITION OF CASA


Particulars 31.12.08 31.12.09 Growth Abs

Growth % Dec09/ Dec08

Metro 8,787.02 11,086.98 2,299.96 26.17%

Urban 3,663.86 4,564.37 900.51 24.58%

Semi-urban 2,128.69 2,701.91 573.22 26.93%

Rural 1,028.90 1,291.92 263.02 25.56%

Total 15,608.47 19,645.18 4,036.71 25.86%


Strategies to improve CASA

Focusing on Top Potential 200 Branches to augment their CASA deposits Continuously supporting the newly opened Branches to tap the market potential of the new areas. Utilizing the Overseas Representative Offices to expand the NRI Clientele. Strengthening of Retail Sales Units for reaching out to new customers and thereby increasing the business generation capability. Installation of POS machines in large numbers to scale up CA Portfolio.


29

CREDIT



30

34458

44937

56710

0

10000

20000

30000

40000

50000

60000

'Dec-07 'Dec-08 'Dec-09

Particulars Dec-07 Dec-08 Dec-09

Advances 34,458 44,937 56,710 Yield on Adv (%) 10.27% 10.83% 10.22%

[Rs. In crore]

ADVANCES

Aggregate Advances growth 26.20% (y-o-y)

Yield on Advances has decreased from 10.83% to 10.22% on y-o-y basis



31

Average Credit

30288

39648 40520

47991

0

10000

20000

30000

40000

50000

60000

'Dec-07 Dec-08 Mar-09 Dec-09

(Rs.in Crs)Dec - 2007 Dec - 2008 Mar - 2009 Dec - 2009

Avg. Advances 30,288 39,648 40,520 47,991

Growth over March % age growth

4,105

15.7%

8,060

25.5%

8,932

28.3%

7,471

18.4%


32

CD Ratio Dec ‘05 Dec ‘06 Dec ‘07 Dec ‘08 Dec ‘09

C D Ratio 74.35% 72.77% 70.07% 72.60% 67.18%

74.3572.77

70.07

72.6

67.18

6062

64666870

72747678

80

'Dec-05 Dec-06 Dec-07 Dec-08 Dec-09


33

Yield on Advances

10.27

10.83

10.22

8.32 8.91

77.5

88.5

9

9.510

10.511

11.5

'Dec-05 Dec-06 Dec-07 Dec-08 Dec-09

Dec’05 (9M)

Dec’06 (9M)

Dec’07 (9M)

Dec’08 (9M)

Dec’09 (9M)

Average Yield 8.32% 8.91% 10.27% 10.83% 10.22%


34

Credit Growth [y-o-y]

Period ended Dec’09 FY : 2008-09 Dec’08/Dec’07

FY : 2009-10 Dec’09/Dec’08

Credit growth (point to point)

10,479 [30.4%] 11,773 [26.2%]

Credit growth (Average) 9,360 [30.9%] 8,343 [21.0%]

[Rs. In Crs]


35

Credit Growth -Dec’2009

Dec’09[Q3] FY : 2008-09 Dec’08/Mar’08

FY : 2009-10 Dec’09/Mar’09

Credit growth (point to point)

5,751 [14.7%] 8,198 [16.9%]

Credit growth (Average) 8,060 [25.5%] 7,471 [18.4%]

[Rs. In Crs]


36

SECTORAL DEPLOYMENT OF CREDIT[Rs. In Crs]

Sector Dec-08 Mar-09 Sept- 09 Dec- 09 Growth over Dec’08 [y-o-y]

% to NBC

Dec-09

Abs %age

AGRICULTURE4,117 4,323 4,582 4,765 648 15.74%

8.4%

SME 4,658 5,205 5,801 6,014 1,356 29.11% 10.6%

Large Industries 14,087 15,309 18,289 21,394 7,307 51.87% 37.7%

Retail 9,046 9,339 9,899 10,870 1,824 20.16% 19.2%

Wholesale Trade 550 563 626 702 152 27.64% 1.1%

Food Credit 1,121 985 876 957 -164 -14.63% 1.7%

Others 11,358 12,778 12,495 12,008 650 5.72% 21.3%

Total Advances 44,937 48,512 52,568 56,710 11,773 26.20% 100.0%


37

Industrial Credit deploymentRs. In Crs.

Segment Mar’09 Dec’09 Growth abs

Growth %age

Iron & Steel 1,101 1,600 599 54.4%

Sugar 34 129 95 279.4%

Food Processing 466 628 162 34.8%

Chemical/Fertilizers 1,084 1,513 429 39.6%

Gems & Jewellery 884 1,011 127 14.4%

Petroleum 2,371 3,314 943 39.8%

Automobiles incl. Trucks

584 1111 527 90.2%

Infrastructure 5,363 7,880 2,517 46.9%

Other industries 8,627 8,727 100 1.2%


38

Exposure to Sensitive Sector[Rs. In Crs]

* Comm Real Estate (as per revised definition)

Sector Dec-08 Mar-09 Dec-09 Growth Abs(y-o-y)

Growth % (y-o-y)

a. Real Estate 8,355 8,878 9,353 998 11.9%

Hsg Direct 4,507 4,593 4,942 435 9.7%

Hsg Indirect 1,638 1,500 1,807 169 10.3%

Comm. Real Estate * 2,210 2,785 2,604 394 17.8%

Of Comm. Real Estate:

Corp Rental 1,065 1,183 1,194 129 12.1%

Builders 1,145 1,602 1,410 265 23.1%

b. Capital Market 740 684 803 63 8.5%

Credit 389 348 342 -47 -12.1%

Investment 351 336 461 110 31.3%

c. Commodities 726 669 708 -18 -2.5%

Total 9,821 10,231 10,864 1043 10.6%


39

Export CreditRs. In Crs

2754 2737

2525

1500

1700

1900

2100

2300

2500

2700

2900

3100

'Dec-08 Mar-09 Dec-09

Dec-08 Mar-09 Dec-09 Growth %

(Y-o-Y)

Export Credit 2,754 2,737 2,525 - 8.3 %

%age to NBC 6.1% 5.6% 4.5%


40

SME ADVANCES

4658

5205

6014

2500

3000

3500

4000

4500

5000

5500

6000

6500

'Dec-08 'Mar-09 'Dec-09

Dec-08 Mar-09 Dec-09 Growth %

(Y-o-Y)

SME Advances 4,658 5,205 6,014 29.1%

%age to NBC 10.4% 10.7% 10.6%


4141

SME ADVANCES[Rs. in crores]

Particulars As at

Dec’08

As at

Mar’09

As at

Dec’09

Growth % [y-o-y]

Micro Enterprises

% to NBC

1030

2.29%

1,270

2.62%

2261

3.99%

119.51%

Small Enterprises

% to NBC

2444

5.44%

2,695

5.56%

2549

4.50%

4.30 %

Medium Enterprises

% to NBC

1184

2.63%

1,240

2.56%

1204

2.12%

1.69%

Total SME Advances

% to NBC

4658

10.36%

5,205

10.73%

6014

10.60%

29.11%

Total NBC 44,937 48,512 56,710 26.2%


4242

Industry-wise Credit Exposure – Dec’09Rs. In Crs

Dec-08 Mar-09 Dec-09 % to total exposure

[Dec-09]Amt. Amt. Amt.

Infrastructure

% growth y-o-y

3,982

40.1%

5,363

53.6%

7,880

97.9%

13.9%

Chemicals, Dyes, Paints 955

71.1%

1,084

68.8%

1,513

54.3 %

2.7%

Engineering 1,247

92.4%

1,253

40.2%

1,802

44.5 %

3.2%

Gems & Jewellery 849

28.6%

884

2.8%

1,011

19.1%

1.8%

Textiles 2,169

27.8%

2,183

28.9%

2,194

1.2%

3.9%

Iron & Steel 1,029

55.7%

1,101

134.3%

1,600

55.5%

2.8%

Metals & Metal Products 1,214

166.02

1,289

191.6%

994

-18.1 %

1.8%

Petroleum 2,909

188.0%

2,371

33.4%

2,632

-9.5 %

4.6%

Total 18,745

31.5%

20,514

25.9%

27,408

46.2 %

48.3 %


4343

PRIORITY SECTOR[Rs. in crore]

Particulars As at Dec-08 As at Mar-09 As at Dec-09

Agriculture

% to NBC

4,117

9.2 %

4,323

8.9%

4,765

8.5 %

Small Scale Industries

% to NBC

3,474

7.6 %

3,965

8.2%

4,810

8.5 %

Other Priority Sectors

% to NBC

6,915

15.4%

7,436

15.3%

6,921

15.7 %

Add: RIDF contribution 421 407 363

Total Priority Sector Deployment

% to NBC

14,927

38.1

16,131

41.2%

16,859

34.8%


4444

RETAIL LENDING PORTFOLIO

(Amt. In crores)

PARTICULARS DEC-08 Mar-09 DEC-09

Net Bank Credit 42,235 48,512 56,901

Retail Total

%age to NBC

9,046 9,339 10,870

21.42% 19.25% 19.11%


4545

RETAIL LENDING PORTFOLIOBALANCE OUTSTANDING UNDER RETAIL LENDING/ CORP SCHEMES/

HOUSING/ EDUCATIONAL LOANS [Rs. in Crore]

PARTICULARS Dec-08 Mar-09 Dec-09

Retail Lending 9,046 9,339 10,870

Corp Schemes (excl. Rental) 6,130 6,424 7,189

Corp Home 3,904 4,023 4,356

Bulk Lending to other Banks/FIs 600 602 594

Total Housing Loans 4,504 4,624 4,950

Educational Loans 613 658 794

Corp Vehicle 703 760 977

Corp Mortgage 194 232 303

Corp Personal 248 256 255

Corp Vyapar 212 227 223

Corp Mitra 150 145 148


46

TREASURY



47

• Investment growth (Y-O-Y) Rs.12,559 crores

• Yield on Investments stood at 6.76%

23,26524,938

35,824

10,000

14,000

18,000

22,000

26,000

30,000

34,000

38,000

'Dec-08 Mar-09 Dec-09

Dec-08 Mar’09 Dec-09

Investments 23,265 24,938 35,824

Invest.excl RIDF/MF

20,861 22,526 28,713

Trading Profit 151.58 442.47 297.34

Yield on Inv. [%] 7.70% 7.68% 6.76%

[Rs. In crore]

INVESTMENTS



48

Treasury Management


Duration [Yrs] Mar 09 Dec-08 Dec-09

AFS 2.52 4.39 2.98

HFT 0.42 6.28 1.00

Category (Incl. Of MF/RIDF) Mar 09 Dec-08 Dec-09

HFT 0.50% 0.80% 1.03%

AFS 37.20% 23.40% 31.95%

HTM 62.30% 75.80% 67.02%

Category (Excl. Of MF/RIDF) Mar 09 Dec 08 Dec 09

HFT 0.55% 0.84% 1.28%

AFS 41.05% 23.14% 25.22%

HTM 58.40% 76.02% 73.50%


49

Treasury Management


Mar ‘2009 Dec ‘2009

SLR 17,796.86 24,773.37

Non-SLROf which MF

4,820.9992.30

8,219.114,207.99

RIDF 2,487.11 2,897.37

[Rs. in crore]

G-sec in HTM & AFS

Mar’2009 Dec ’2008 Dec ‘2009

HTM 11,933.79 14,095.98 19,482.29

AFS 2,358.39 1,422.65 1,069.18

[Rs. in crore]


50

31.03.2009 31.12.2008 31.12.2009

Excess SLR

SLR maintained (as % of DTL)

25.34% 27.30% 27.93%

Excess SLR 1.34% 3.30% 2.93%

Investments in SLR



51

RECOVERY



52

MOVEMENT OF NPAS(Rs. in crores)


Particulars 31.03.09 31.12.08 31.12.09

Gross NPAs at the beginning of the year

584.42 584.42 559.22

Add: Additions 236.46 195.29 379.34

Less: Recoveries / Upgradation / write off 261.66 219.72 186.22

Gross NPA at the end of the period 559.22 559.99 752.34

Gross Credit 48,927 45,342 57,196

Gross NPA % 1.14% 1.24% 1.32%

Net NPA 138.30 149.84 257.94

Net NPA % 0.29% 0.33% 0.45%

Risk Coverage 75.27% 73.24% 73.25%


53

Asset Category – wise Advances(Rs. in crores)

Mar-09 Dec-08 Dec-09

Asset Cat. Actual % Actual % Actual %

Standard 48,367.90 98.86 44,781.61 98.76 56,444.46 98.68

Sub- Std. 145.20 0.30 157.29 0.35 253.76 0.45

Doubtful 236.26 0.48 227.56 0.50 298.78 0.52

Loss 177.76 0.36 175.14 0.39 199.80 0.35

Total 48,927.12 100.00 45341.60 100.00 57,196.80 100.00


54

SECTOR-WISE NPAs[Rs. in Crore]

Amt% of

NPA to Exp.

Amt% of

NPA to Exp.

Amt% of

Dlq. to Exp.

Amt% of

Dlq. to Exp.

PRIORITY

AGRICULTURE 70.88 1.96 154.51 3.24 30.04 0.83 110.58 2.32

SME 60.66 1.86 133.42 2.77 20.76 0.64 52.40 1.09

OTHER PRIORITY 224.51 3.47 227.65 3.29 52.79 0.82 83.61 1.21

TOTAL 356.05 2.67 515.58 3.13 103.59 0.78 246.59 1.49

NON- PRIORITY

LARGE INDUSTRY 45.06 0.32 31.70 0.12 39.99 0.28 25.56 0.09

WHOLESALE TRADE 7.47 1.36 9.49 1.42 2.36 0.43 5.76 0.34

OTHERS 151.41 1.23 195.57 1.55 49.35 0.40 101.43 0.81

TOTAL 203.94 0.65 236.76 0.59 91.70 0.29 132.75 0.33

GRAND TOTAL 559.99 1.24 752.34 1.32 195.29 0.43 379.34 0.66

Dec.09Dec.09

SECTOR

Dec.08 Dec.08


5555

Restructured Accounts(Rs. in crores)

Sl No

Item Number Amt

[In crore]

1 Proposals approved and implemented up to 31.03.09

4,313 1,043.40

2 Amount of sacrifice provided for in March 2009 18.03

3 Proposals approved and implemented from 01.04.09 to 30.06.09

01.07.09 to 30.09.09

01.10.09 to 31.12.09

415

323

482

1,362.60

36.11

35.79

4 Amount of sacrifice provided for in June 2009

Amount of sacrifice provided for in Sept 2009

Amount of sacrifice provided for in Dec.2009

13.50

0.71

0.30

5 Total of Restructures accounts 5,533 2,477.90

6 % of Restructured accounts to Advances 4.33%


56

Restructured Accounts- Sector wise [Rs. in crores]

Sl No

Industry/Sector During Dec 09 (Q3) Total(During FY 08-09 & Q1 Jun’09, Q2 Sept 09 & Dcc.09

% age to Total

No. of A/Cs Amount No. of A/Cs Amount %

1 Industry

Large 2 12.42 50 1332.91 53.79

SME 4 6.86 365 144.42 5.82

Sub-Total (Break-up in next slide) 6 19.28 415 1477.33 59.62

2 Service Sector

SRTO - - 87 16.47 0.66

Hotels / Resorts - - 8 138.77 5.60

Hospital - - 7 51.03 2.05

Others 10 0.93 143 56.35 2.27

Sub-Total 10 0.93 245 262.62 10.60

3 Real Estate - - 32 462.91 18.68

4 Poultry - - 11 15.00 0.61

5 Housing 138 6.29 990 66.60 2.69

6 All Others 328 9.29 3840 193.44 7.81

Grand Total 482 35.79 5533 2477.90


57

Restructured Accounts- Industrial sector breakup [Rs. in crores]

Sl No Industry/Sector During Dec.09(Q3) Total (During FY 08-09 & Q1, Q2 & Q3 of 09-10)

No. of A/Cs

Amount No. of A/Cs

Amount

1 Automobiles 2 4.46 40 168.99

2 Chemicals, Dyes, Paints, etc - -- 3 6.27

3 Engineering - -- 11 63.62

4 Food Processing - -- 10 4.42

5 Infrastructure - - 6 165.99

6 Iron & Steel - -- 17 37.00

7 Metal Products - -- 6 2.76

8 Cement - - 2 169.94

9 Paper & Paper products - -- 1 15.00

10 Textiles 2 12.42 141 370.32

11 Other industries 2 2.40 178 473.02

TOTAL 6 19.28 415 1477.33


58

Restructured Accounts

[Rs. in crores]

Fresh NPA out of Restructured Accounts

CATEGORY As at 30.06.2009No. of A/c Amount

As at 31.12.2009No. of A/c Amount

Retail 37 1.87 350 9.45

SME 31 1.19 82 4.63

Corporate -- -- 4 36.26

Agriculture 26 0.32 172 6.42

Total 94 3.38 608 56.76


59

NPA ManagementDuring the year 60% of the total NPAs outstanding as on 31.03.2009 under Corp-Schemes and 75% of fresh delinquency of the quarter (31.12.09) under the same category targetted for Recovery/Upgradation with the following measures:

• Extensive upgradation/recovery by close monitoring / follow up.•Compromise settlement are to be explored and encouraged including under Special OTS Schemes viz., Corp Rhuna Mochan & OTS for MSEs.•Usage of SARFAESI action, Seizure of vehicles etc. to be extensively used for recovery of dues.•Filing suits/applications before Civil Court /DRT is considered in hard core cases.


60

Information Technology Initiatives


61

61

Information Technology Total No. of ATMs 1057

25 KIOSK – Self help terminals installed

ATM Value added services – LIC premium payment, NEFT, Mobile recharge, Visa money transfer

ATM NEFT – Paperless anywhere , anytime facilitation - First Bank to launch this facility

Mobile Banking launched – post RBI guidelines

LIC premium payment, NEFT, Fund Transfer to third party Corpbank Account is made operational in Mobile Banking

No. POS terminals deployed at Merchant establishments – 1781

First Bank to provide National Electronic funds transfer (NEFT) facility through all our delivery channels I.e., ATM, Net Banking, KIOSK and Mobile

First Bank to launch Application Supported by Blocked Amount (ASBA)

First Bank to launch Tax-payment through ATM


62

62

Information Technology Sales Tax/VAT collection at Maharashtra and Goa

E-stamping system launched in Delhi

Ready to launch E-stamping system in Bangalore & Mangalore

Multi tier, dynamic Sweep facility implemented No. of Debit cards issued 34,95,192 32,567 Campus Cards, covering 86 institutions issued Travel card in foreign currency in tie-up with J P Morgan White label credit card for LIC launched Delivery channels – ATMs / Net Banking / Mobile Banking / KIOSK –Increased usage Branchless Banking – 921 villages, 5,21,431 ‘no-frill’ accounts amounting to

Rs. 22.98 crores Electronic payment gateway (e.PG) for e.commerce transactions, for both VISA and MASTER

CARDS launched.

AWARDS IBA -“Best Online Multi Channel Banking – Runner up” IDRBT “Best Bank Award for use of Technology for Financial Inclusion”


63

63

Branchless Banking

Financial Inclusion survey conducted in 1491 villages

Branchless Banking operational in 921 locations. Added more than 500 locations during the year

Smart Cards provided to villagers to operate their accounts from their villages through Business Correspondents

5.21 lakh ‘no-frill’ accounts opened with a balance of Rs. 22.98 Crore

NREG and SSP Payments being handled through Cards in Andhra Pradesh and Karnataka. Bank would be commencing enrollments in Haryana shortly.


64

64

Branchless BankingBranchless Banking using Mobile phones for remittances

operational

Presently handling more than 20000 transactions a month

through these devices

Expanding Branchless Banking to all service area villages

of the Bank

Plans to extend Branchless Banking to 2000 locations

during the current financial year

Plans to increase the range of products and the card base


65

65

Looking Forward

Total business of the Bank to be Rs.150,000 crore by March 2010

Deposits of the Bank to grow by 23%

Advances to grow by 22%

Improvement of NIM – targetted 2.4% to 2.5%

Improvement in CASA share to 30%

Delinquency to be contained

A Premier Public Sector Bank 1. 2 Particulars31 st Mar’0931 st Dec’09 Branches10541094 Extension...

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