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Corporate Presentation
October 11, 2017
IndusInd Bank – Building Scale with Profitability
Strength Growth Returns
CRAR at 16.18%; CET1 at 14.28%
Strong Asset Quality with impaired assets
proportion amongst the lowest in Indian banks;
Net NPAs at 0.44%
In top decile on productivity, profitability and
efficiency parameters in Indian banking industry
3 Year CAGR For FY17 Q1FY18 (YoY)
Loans 27% 24%
Deposits 28% 31%
Revenue 29% 26%
Profits 27% 26%
Networth 33% 17%
RoA = 1.86%
RoE = 16.17%
NIM = 4.00%
Note: Data as of June 2017
2
Revenue (Rs mn) Net Profit (Rs mn) Total Assets(Rs bn)
47,812
58,241
78,135
1,02,341
FY14 FY15 FY16 FY17
14,080
17,937
22,865
28,679
FY14 FY15 FY16 FY17
870
1,091
1,429
1,787
FY14 FY15 FY16 FY17
CAGR of 29% CAGR of 27%CAGR of 27%
Performance – Benchmarked with Peers
IBL performance has been amongst the best in the peer group.
Note: Five largest Private and Public Sector Banks based on loans are considered as peers.Data as of FY17. (Banks’ nomenclature not in any particular order)
3
Overview of the Bank
Leading private sector bank and financial services company in India
Incorporated in January, 1994; Current customer base of ~9.5 million (2)
Pan India presence through a network of 1210 branches and 2,090 ATMs(2)
Diversified loan book – Split between Corporate & Commercial Banking and
Consumer Finance at 60% and 40% respectively(2)
Enterprise-wide Risk Management framework for effective management of
risks
Total Assets of over Rs 1,906 bn and Market Cap of over Rs 1,000 bn(2)
Shareholding (1)
1. As on June 30, 20172. As on Oct 05, 2017
4
Promoters, 14.97
MFs / Banks/ Insurance Co,
12.68
FIIs, 43.10
Private Corporates,
10.08
Individuals, 6.67
NRIs/ Director/ Others, 1.69 GDR issue,
10.81
Ratings
CRISIL AA + for Infra Bonds program
CRISIL AA for Additional Tier I Bonds program
CRISIL A1+ for certificate of deposit program
IND AA+ for Senior bonds program by India Ratings and Research
IND AA for Additional Tier I Bonds program by India Ratings and Research
IND A1+ for Short Term Debt Instruments by India Ratings and Research
5
Organization Structure
Product Groups
Client Groups
Consumer Banking Corporate Banking
Consumer Finance
Retail Liabilities
Corporate & Investment Banking
Commercial Banking
Business Banking
Public Sector Unit
Banking Channel Management & Services
Wealth Management & Third Party Distribution
Global Markets Transaction Banking
Bu
sin
ess
Un
its
Financial Institutions Group
Credit Cards
6
Investment Highlights
Universal Banking Offerings
Growing Liability and Fee Franchise
Focused Execution on Risk, Operations and Portfolio
Well Defined Expansion Strategy
History of Technology Refresh and Innovation
Stable Asset Quality
Experienced Management Team
1
2
3
4
5
6
7
7
Planning Cycle 4 Strategy
Well Defined Expansion Strategy1
Market Share with ProfitabilityDo More of the Same
Strategy
Digitize to Differentiate, Diversify and Create Domain Leadership
Bro
ad
Th
em
es
Financing Livelihoods
Finding Customers from Within
Reengineering Our Businesses
Sustainable Banking
8
Strategic Themes
Well Defined Expansion Strategy1
Internal
Collaboration
and Cross Sell
Enriching
Client
Experience
Digitization
of Businesses
Focus on
ProductivitySustainability
Rebalancing
of Loan Book
Rural
Banking and
Microfinance
9
Pillars of Growth
Well Defined Expansion Strategy1
CASA Ratio
Revenue Growth
RoRWA
Branch Network
Loan Growth
40%
Exceed Balance Sheet Growth
> 2.4%
2,000
25% - 30%
Re
sult
ing
in
Customer Base Double to >20mn
10
The Core Executive Team
Experienced Management Team 2
Name Designation Prior Experience
Mr. Romesh Sobti Managing Director & CEO Over 40 years banking career with ABN AMRO Bank N.V., ANZ Grindlays Bank Plc & State Bank of India
Mr. Paul Abraham Chief Operating Officer Managing Director of ABN AMRO Central Enterprise Services
Mr. Suhail Chander Head – Corporate & Commercial Banking Head – Consumer & Commercial Banking, ABN AMRO Malaysia & Singapore
Mr. Sumant Kathpalia Head – Consumer Banking Head – Consumer Banking, ABN AMRO Bank (India)
Mr. Kalpathi Sridhar Senior Executive Vice President - Risk Senior Vice President and Country Risk Officer, ABN AMRO Bank (India)
Mr. Ramaswamy Meyyappan Chief Risk Officer Chief Risk Officer at JP Morgan Chase Bank NA, Mumbai
Mr. S.V. Zaregaonkar Chief Financial Officer Joined IndusInd Bank in 1995 as Head – Operations; Chief Manager Dena Bank
Mr. Arun Khurana Head – Global Markets Group Regional Head Corporate Solutions Asia-Pacific Markets of RBS Singapore
Mr. S.V. Parthasarathy Head – Consumer Finance Executive Director, Ashok Leyland Finance Limited
Mr. Ramesh Ganesan Head – Transaction Banking Executive Director, ABN AMRO Bank (India)
Mr. Sanjay MallikHead – Investor Relations& Strategy
Director, BROTKO, his own financial services firm; Held prior positions at ANZ Bank, ABN AMRO Bank (India) and Standard Chartered Bank
Ms. Roopa SatishHead, Corporate, Institutions & Investment Banking
Head – Mid Markets (Western Region), ABN AMRO Bank (India)
Mr. Sanjeev AnandDeputy Head – Corporate& Commercial Banking
Head – Commercial Banking, ABN AMRO Bank (India)
Mr. Zubin Mody Head – Human Resources Head – HR, ICICI Lombard General Insurance Company Limited
11
Performance Across Key Financial Vectors
Experienced Management Team 2
QIP & Pref. Allot.Rs 5,081 crs
3.71
3.99
2014 Current
NIMs (%)
1.81
1.86
2014 2017
RoA (%)
17.4815.26
2014 2017
RoE (%)
47.1 46.7
2014 2017
Cost / Income (%)
12
0.330.39
2014 2017
Net NPAs (%)
3.0
4.0
2014 2017
Revenue per Employee (Rs mn)
Well Diversified Loan Book
Universal Banking Offerings3
Loan Book (Rs crs)
(Rs crs)
(Rs crs)
13
45% 41% 42%40% 40% 48%
55%59%
58%
60% 60% 52%
55,102
68,788
88,419
1,13,081 1,16,407 1,16,407
FY14 FY15 FY16 FY17 Jun-17 Jun-17(BBG forming part of
Consumer)Consumer Finance Division Corporate & Commercial Banking
BBG7%
Comm. Vehicle Loans 13%
Utility Vehicle Loans
2%
Small CV2%
Two Wheeler Loans
3%
Car Loans4%
Tractor2%
Equipment Financing
4%
Credit Card2%
Loan Against
Property6%
BL,PL,GL3%
Large Corporates
21%
Mid Size Corporates
19%
Small Corporates
12%
Consumer Finance Jun-17
Comm. Vehicle Loans 15,573 13%
Utility Vehicle Loans 2,427 2%
Small CV 2,381 2%
Two Wheeler Loans 3,262 3%
Car Loans 4,819 4%
Tractor 2,076 2%
Equipment Financing 4,381 4%
Credit Card 1,944 2%
Loan Against Property 7,303 6%
BL, PL, GL, Others 2,929 2%
Total Advances 47,095 40%
*Includes Business Banking Rs. 8,202 crs managed by Consumer Banking
Corporate Banking
Jun-17
Large Corporates
33045 28%
Mid size Corporates
22649 20%
Small Corporates*
13618 12%
Total Advances
69,312 60%
Well Distributed Vehicle Finance Portfolio
Universal Banking Offerings3
14
Andhra Pradesh 6%
●Assam 2%
●Bihar 2%
Chandigarh 0% ●
●Chhatisgarh 3%Dadra & Nagar
Haveli 0%
● Delhi 2%
Goa 1% ●
●Gujarat 5%
Haryana 5% ●
●Himachal Pradesh 1%
●J&K 0%
●Jharkhand 3%
Karnataka 4% ●
Kerala 9% ●
●Madhya Pradesh5%
●Maharashtra 7%
● Mizoram 0%
●Odisha 4%
● Pondicherry 0%
Punjab 3% ●
Rajasthan 10% ●
●Uttaranchal 0%
●West Bengal 5%
Sikkim 0%●
●Tamil Nadu 11%
Tripura 1%
●UP 6%
●
●
Geographical Distribution of Vehicle Finance Portfolio (Rs 342,122mn)– March 31, 2017
Two Wheeler loans
Car loans
M&HCV loans
Small CV & Utility Vehicle loans
LCV Loans
●Telangana 5%
● Manipur, 0% Tractor Loans
Comprehensive Corporate and Commercial Banking Offering
Universal Banking Offerings3
15
Distribution of Corporate & Commercial Banking Network Product and Service Offerings
Working Capital Finance
Short Term Finance
Bill Discounting
Export Credit
Term Lending
Buyer’s Credit / Supplier’s Credit
Asset based financing
Lease Rental Discounting
Supply Chain Finance
Warehouse Receipt Finance
Agri Finance
Inclusive Banking
Non FundBased Services
Value AddedServices
Letter of Credit
Bank Guarantees
Forward Contracts / Derivatives
Channel Financing / Associate Financing
Cash Management Services
Corporate Salary Accounts
Liability/ Investment Products
Commodity Finance
Project Finance
Forex / Derivative Desks
Fund BasedServices
Andhra Pradesh
AssamBihar
Punjab
Chandigarh
Chhatisgarh
Gujarat
Haryana
Jharkhand
Karnataka
Kerala
Madhya Pradesh
Maharashtra
Orissa
Rajasthan
West Bengal
Tamil Nadu
UP
●
Corporate & Institutions Banking
Public Sector Units
Business Banking Group
Commercial Banking
Goa
Tripura
Nagaland
Meghalaya
Pondicherry
Uttarakhand
HP
Non Fund Based Services
Structured Finance
Debt Syndication
Advisory Services
InvestmentBanking
Telengana
Diversified Corporate Loan Book
Universal Banking Offerings3
16
8% 12% 16% 14% 14%
Q1F
Y15
Q2F
Y15
Q3F
Y15
Q4F
Y15
Q1F
Y16
Q2F
Y16
Q3F
Y16
Q4F
Y16
Q1F
Y17
Q2F
Y17
Q3F
Y17
Q4F
Y17
FCY
Corporate Banking FCY Loans *Industry Break-up
* Percentage of total loans
Improving CASA profile
Growing Liability and Fee Franchise4
CASA Uptick
Savings Account (SA)Current Account (CA)
11,563 15,868 19,691
25,300 32,724
46,646
27.3%29.3%
32.5%34.1% 35.2% 36.9%
10%
16%
21%
27%
33%
38%
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
FY12 FY13 FY14 FY15 FY16 FY17
CASA (Rs crs) % of Total Deposits
6,869 8,835 9,776
12,356 15,478
19,609
16.2% 16.3% 16.2% 16.7% 16.6%15.5%
5%
7%
9%
11%
13%
15%
17%
19%
0
3,000
6,000
9,000
12,000
15,000
18,000
21,000
FY12 FY13 FY14 FY15 FY16 FY17
CA (Rs crs) % of Total Deposits
Building CASA traction
Expanding branch network
Focus on target market segments
Government business
Capital market flows
Key Non Resident markets
Self employed and Emerging Corporate businesses
Transaction Banking and CMS Mandates
Differentiated service propositions
4,694 7,033 9,915
12,944 17,246
27,037
11.1%13.0%
16.4%17.5% 18.5%
21.4%
-3.0%
1.0%
5.0%
9.0%
13.0%
17.0%
21.0%
25.0%
0
5,000
10,000
15,000
20,000
25,000
30,000
FY12 FY13 FY14 FY15 FY16 FY17
SA (Rs crs) % of Total Deposits
17
Efficient Distribution and Cross Sell
Growing Liability and Fee Franchise4
Life Insurance General Insurance Health Insurance Mortgage and Broking
18
Diversified Fee streams
Growing Liability and Fee Franchise4
Fee growth ahead of loan growth for last 7 years
Comprises a mix of retail and corporate fee incomes
Individual fee streams consists of multiple drivers
Rs cr FY15 FY16 FY17
Trade and Remittances 265 323 439
Foreign Exchange Income 553 639 655
Distribution Fees (Insurance, MF, Cards) 385 491 715
General Banking Fees 171 185 232
Loan Processing fees 493 700 854
Investment Banking 334 472 594
Total Core Fee Income 2,201 2,810 3,489
19
Asset Quality Managed Across Cycles
Stable Asset Quality 5
1.23%
1.01% 0.98%1.03%
1.12%
0.81%0.87%
0.93%
FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
0.50%
0.28% 0.27%0.31% 0.33% 0.31%
0.36%0.39%
FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
Gross NPA
Credit Cost *
0.79%
0.61%
0.41%0.46%
0.41%
0.48%0.53%
0.59%
FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17
Net NPA
* Net of recoveries 20
Well Rated Corporate Portfolio
Stable Asset Quality 5
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
22%
24%
IB1(AAA)
IB2+(AA+)
IB2 (AA) IB2-(AA-)
IB3+(A+)
IB3 (A) IB3- (A-)
IB4+(BBB+)
IB4(BBB)
IB4-(BBB-)
IB5+(BB+)
IB5 (BB) IB5-(BB-)
IB6 (B) IB7 (C ) IB8 (C ) NPA (D)
Unsecured Non Fund Based %
Secured Non Fund Based %
Unsecured Fund Based %
Secured Fund Based %
PERCENT
OF
RATED
PORTFOLIO
Investment Grade Sub Investment Grade
21
As of June 2017
Robust Risk Management Structure
Focused Execution on Risk, Operations and Portfolio6
Risk and Control SelfAssessment
Key Risk
Indicators (KRIs)
Loss Data Collection and Analysis
Risk Profiling of branches
Operational Risk Assessment Processfor New Products
Risk Events Reporting
Business ContinuityPlan
Separate groupmonitors nonperforming loans
Account-wisemonitoring &recovery mechanism
Quality check onentire credit process
Tracking of credit
rating
Tracking of portfolio quality
Proactive Monitoringof Risk & exposures
Daily valuation
VaR & PV01Based Limit
Online monitoring ofRisk sensitivities
Capital Charge on Market Risk, CVA Basel III Liquidity Standards – LCR, Liquidity Ratios
Liquidity Gaps monitoring – Daily
Duration-based gapapproach
Stress testing for Liquidity, interest and foreign exchangerisk
ALM System / FundTransfer Pricing
Risk Rating Modelsrevised and benchmarked against external rating
Basel II & III implementation
Internal Capital AdequacyAssessment Process(ICAAP)
Stress testingreinforced
Portfolio Management &Credit QualityMonitoringreinforced
Credit Risk values measurement reinforced – PD, LGD, EAD
Credit Appraisal/ Approval process
Credit standards
tightened
Credit Adminreinforced andcentralised in hubs
Early warningsignals / Exceptions tracking
Enhancedmonitoringmechanism
22
Credit Approval & Monitoring
Credit Risk Management
Market Risk Management & ALM
Operational Risk Management
Financial Restructuring & Reconstruction
Credit Quality Assurance & Loan
Review
Risk Organization
Comfortable Capital Adequacy
Focused Execution on Risk, Operations and Portfolio6
Rs cr Mar 15 Mar 16 Mar 17 June 17
Credit Risk, CVA and UFCE 76,718 99,360 1,22,036 1,21,926
Market Risk 4,356 5,462 6,669 8,499
Operational Risk 7,855 11,466 14,824 14,824
Total Risk Weighted Assets 88,929 1,16,288 1,43,529 1,45,249
CET 1 Capital Funds 9,975 17,350 20,125 20,734
AT 1 Capital Funds - - 1,000 2,000
Tier 2 Capital Funds 776 669 842 758
Total Capital Funds 10,751 18,019 21,967 23,495
CRAR 12.09% 15.50% 15.31% 16.18%
CET1 11.22% 14.92% 14.02% 14.28%
Tier 1 11.22% 14.92% 14.72% 15.66%
Tier 2 0.87% 0.58% 0.59% 0.52%
Bank has maintained strong capital adequacy levels well in excess
of the minimum regulatory requirement
Raised Rs 10 billion of Additional Tier I (AT1) bonds in FY17 and
again in April 2017 to augment the Tier I ratio and position itself
strongly for the next phase of growth
CRAR
23
12.3% 11.4%
13.8%12.7%
11.2%
14.9% 14.7% 15.66%
3.6%
2.5%
1.6%
1.1%
0.9%
0.6% 0.6%0.52%
15.9%
13.9%
15.4%
13.9%
12.1%
15.5% 15.3%16.18%
FY11 FY12 FY13 FY14 FY15 FY16 FY17 Q1FY18
Tier I Tier II CRAR
Diversified Funding Sources
Focused Execution on Risk, Operations and Portfolio6
Funding Mix*
24
Net Worth12%
CA Deposits; 11%
SA Deposits; 15%
Retail & SME TD; 19%
Public Sector Units TD; 9%
Financial Institutions TD; 10%
Corporate TD; 4%
Capital Markets TD; 2%
Refinance; 8%
Infra Bonds; 1%
AT1 Bonds; 1%
Other Borrowings; 3%
Other Liabilities; 5%
* Data as on March 2017
78%76%
82%
83%
70%
72%
74%
76%
78%
80%
82%
84%
86%
-
2,00,000
4,00,000
6,00,000
8,00,000
10,00,000
12,00,000
14,00,000
16,00,000
18,00,000
Q1
FY
15
Q2
FY
15
Q3
FY
15
Q4F
Y15
Q1
FY
16
Q2
FY
16
Q3
FY
16
Q4
FY
16
Q1
FY
17
Q2
FY
17
Q3
FY
17
Q4
FY
17
Q1
FY
18
Borrowings Deposits
Deposits & Borrowings Evolution
9.5%
9.7%
9.3%
9.2% 9.2%9.1%
9.3%
9.4%
Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17
9,558
28,215
14,683
29,823
65.1%
74.2%
66.4%70.7%
78.4%81.1%
91.3%94.6%
91.6%
Jun
-15
Sep-1
5
Dec-1
5
Mar-1
6
Jun
-16
Sep-1
6
Dec-1
6
Mar-1
7
Jun
-17
HQLA (Rs cr) Net Cash Outflow (Rs cr) LCR (%)
Stable Liquidity and Leverage Profile
Focused Execution on Risk, Operations and Portfolio6
Liquidity Coverage Ratio
25
Basel III Leverage Ratio
Required >4.5%
Required >80%
Distribution Expansion to Drive Growth
Focused Execution on Risk, Operations and Portfolio6
Note: Numbers given above are total branches in each state.This does not include Branch/Representative Office in London, Dubai and Abu Dhabi.
602
1,210
2014 Current
Branches
4.5
9.5
2014 Current
Clients (mn)
26
Sustainable Banking: Good Ecology is good Economics!
Focused Execution on Risk, Operations and Portfolio6
27
Regulatory Compliance
Operational Compliance
Market Risk Management
Liquidity Management
AT-1 Capital Issuance
IT & Information Security
Reputation Risk
Management
Strategic Risk
Management
Environmental
Solar ATMs
Thin Servers
Waste Management
Green champions
LEEDs certified building
Financing Renewable
Energy
Afforestation Projects
Social
Water rejuvenation
projects
Micro Credit
Rural Branches
Para Champions
Priority sector compliance
Legal and Financial
literacy
Critical care support
Governance
Board Level CSR
Committee
6 Years of Sustainability
Reporting
Participation in CDP, DJSI
Surveys
Environmental Lending
Policy
Integrated Financial
Reporting
A
Innovation as a Service Differentiator
History of Technology Refresh and Innovation7
Channel
Innovation
Service
Innovation
Product
Innovation
Client
Experience Edge
28
Digitize to Differentiate, Diversify and Create Domain Expertise
History of Technology Refresh and Innovation7
29
Integrated Digital Strategy to extract significant value (14% of 2020 profit) via:
1. Agility & Innovation as Service Differentiator
2. Operating Efficiency in Front & Back Office
3. Evolution to Online/Digital Channels
4. Partnering with the Digital Ecosystems
5. Improved Decision Making & Analytics
6. Transform to Digital Offerings
7. Re-skilling Staff on Digital Technologies
Additional Information
30
Balance Sheet
(Rs Crs)
31*In terms of RBI guidelines Repo / Reverse Repo under LAF is regrouped.
* Q1FY18 Q1FY17 Y-o-Y (%) Q4FY17 Q-o-Q (%)
Capital & Liabilities
Capital 599 596 1% 598 -
Reserves and Surplus 20,902 17,786 18% 20,048 4%
Deposits 1,33,673 1,01,768 31% 1,26,572 6%
Borrowings 27,404 21,676 26% 22,454 22%
Other Liabilities and Provisions 8,072 8,424 (4%) 8,976 (10%)
Total 1,90,650 1,50,250 27% 1,78,648 7%
Assets
Cash and Balances with RBI 6,415 5,224 23% 7,749 (17%)
Balances with Banks 13,754 6,193 122% 10,879 26%
Investments 42,147 33,240 27% 36,702 15%
Advances 1,16,407 93,678 24% 1,13,081 3%
Fixed Assets 1,360 1,276 7% 1,335 2%
Other Assets 10,567 10,639 (1%) 8,902 19%
Total 1,90,650 1,50,250 27% 1,78,648 7%
Business (Advances + Deposit) 2,50,080 1,95,446 28% 2,39,653 4%
Profit and Loss Statement
(Rs Crs)
32
Q1FY18 Q1FY17 Y-o-Y (%) Q4FY17 Q-o-Q (%)
Net Interest Income 1,774 1,356 31% 1,667 6%
Other Income 1,167 973 20% 1,211 (4%)
Total Income 2,941 2,329 26% 2,879 2%
Operating Expenses 1,352 1,096 23% 1,307 4%
Operating Profit 1,589 1,233 29% 1,572 1%
Provisions & Contingencies
310 230 34% 430 (28%)
Profit before Tax 1,279 1,003 27% 1,142 12%
Provision for Tax 442 342 29% 390 13%
Profit after Tax 837 661 26% 752 11%
Accolades
33
Award Winning Brand / Franchise
34
Business Today2016
“The Best CEO (BFSI)” Mr. Romesh Sobti
Forbes India2016
Forbes’ Super 50 Companies in India
BrandZ Top 50WPP Plc & Milward Brown
2016
Ranked 12th Most Valuable Indian Brands
Celent Model Bank 2017
Winner- Fraud Management and
Cybersecurity
Thank You
Disclaimer
This presentation has been prepared by IndusInd Bank Limited (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or
informational needs of any particular person. All information contained has been prepared solely by the Bank. No information contained herein has been independently verified by
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No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or
opinions contained in this presentation. Such information and opinions are in all events not current after the date of this presentation. Further, past performance is not necessarily
indicative of future results.
This presentation is not a complete description of the Bank. This presentation may contain statements that constitute forward-looking statements. All forward looking statements
are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement.
Important factors that could cause actual results to differ materially include, among others, future changes or developments in the Bank’s business, its competitive environment and
political, economic, legal and social conditions. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these
forward-looking statements. The Bank disclaims any obligation to update these forward-looking statements to reflect future events or developments.
Except as otherwise noted, all of the information contained herein is indicative and is based on management information, current plans and estimates in the form as it has been
disclosed in this presentation. Any opinion, estimate or projection herein constitutes a judgment as of the date of this presentation and there can be no assurance that future results
or events will be consistent with any such opinion, estimate or projection. The Bank may alter, modify or otherwise change in any manner the content of this presentation, without
obligation to notify any person of such change or changes. The accuracy of this presentation is not guaranteed, it may be incomplete or condensed and it may not contain all
material information concerning the Bank.
This presentation is not intended to be an offer document or a prospectus under the Companies Act, 2013 and Rules made thereafter , as amended, the Securities and Exchange
Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended or any other applicable law.
Figures for the previous period / year have been regrouped wherever necessary to conform to the current period’s / year’s presentation. Total in some columns / rows may not
agree due to rounding off.
Note: All financial numbers in the presentation are from Audited Financials or Limited Reviewed financials or based on Management estimates.36