INVESTOR PRESENTATION MARCH 2018
Transcript of INVESTOR PRESENTATION MARCH 2018
1
INVESTOR
PRESENTATION
MARCH 2018
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 such information or opinions contained herein. The information contained in this presentation is
only current as of its date. Certain statements made in this presentation may not be based on historical information or facts and
may be “forward looking statements”, including those relating to the bank’s general business plan’s and strategy, its future
financial condition and growth prospects and future developments in the industry and regulatory environment. Actual results may
differ materially from these forward-looking statements due to a number of factors, including future changes or developments in
the bank’s business, its competitive environment and political, economic, legal and social conditions in India. This communication
is for general information purpose only, without regard to specific objectives, financial situations and needs of any particular
person. This presentation does not constitute an offer or invitation to purchase or subscribe for any shares in the bank and neither
any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. The bank may
alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of
such revisions or changes. This presentation should not be copied and/or disseminated in any manner.
Disclaimer
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1. Overview Page : 04
2. Performance Highlights – March 2018 Page : 08
3. Financial Performance & Business Profile Page : 11
4. Branch Network Page : 30
5. Shareholding Pattern Page : 31
6. Corporate Governance Page : 32
Table of contents
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1. Overview
City Union Bank Ltd, the oldest private sector bank in India, was founded on October 31, 1904 and isheadquartered at Kumbakonam, Tamil Nadu, India.
The main focus of the Bank – lending to MSME, Retail / Wholesale Trade with granular asset profile includingproviding short term and long term loans to agricultural sector.
Overview
Facts & Figures
Employees ATM’sBranches Efficiency Ratio
Deposits Net Interest Margin Net NPA
5,319 1,621600
INR 32,853 Cr 4.42% 1.70%
ATM
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Overview2 65431 Financial Performance
& Business ProfileBranch Network
ShareholdingPattern
Corporate GovernanceOverviewPerformance Highlights
Advances
INR 28,239 Cr
Position as on 31.03.2018
38.46%
Key milestones
1904 1945 1957 1965 1998 2003 2007 2009 2012 20142002
Incorporationof the Bank
Scheduledbank since22.03.1945
Initial PublicOffering (IPO);Listing bank’sshares on theBSE, NSE & MSE
Obtained licensesto act as a agentfor procuring lifeinsurance &general insurancebusiness
Rights issue @1 : 4 - to rewardthe existingshareholders
Celebrated110th yearFoundation Day inDec 2014
Amalgamation of‘The City ForwardBank Limited’ &‘The Union BankLimited’ with ourBank
Entered intoagreement withTCS for corebanking solution “Quartz”
Preferentialallotment forequity sharesstrengtheningbank’s capitalfunds
Rights Issue @1 : 4 - to rewardthe existingshareholders &employees under“EmployeeReservation
Scheme”
Took overCommonWealthBankLimited
Raised INR Rs.3,500 mn in Equity capital Through QIProute
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Branch NetworkShareholding
PatternOverview
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Corporate Governance
2017
Bonus Issue @1 : 10 - rewardedto the existingshareholders
City Union Bank – A specialized banking model al igned to Target Segment – SME/MSME
10 year
CAGR of
20%+
SME/ MSMEfocus
• SME/MSME specialized business model focusing on large untapped
• Segment consistently delivering higher yields
• Superior client servicing leading to client retention and low business acquisition
costs
Prudent RiskManagement
• SME exposures' result in granular asset profile
• Granular deposit base with high retention rates result in stable liability profile
• SME/MSME Loans result in lower NPA as they are:
Additionally collateralised by residential property and personal guarantees etc.
Predominantly single banker relationships with minimal exposure to consortium / multiple banking arrangements / infrastructure lendings.
Invested inRobust
Infrastructure
• Comprehensive employee training and recruitment infrastructure through staff
training college
• All branches and 100% business under CBS from TCS
Purely retailLiability
Franchise
• No Certificate of Deposit
• No reliance on Corporate bulk deposits
Consistent
Return
with
Superior
ROA, ROE
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Branch NetworkShareholding
PatternOverview
Performance Highlights
Corporate Governance
Network
• Pan India presence with 600 branches
• Strong presence in South India (538 branches) of which 415 are in Tamil Nadu
alone
Strong track record• Continuous profitability and dividend payout in all 110+ years of operations
• Business growth of 20% CAGR in last 10 years
Robust corporate governance practices
• Strong board with majority of directors being independent directors
• Consistency in management with only 7 CEOs appointed in 100+ years
Diversified asset profile• Granular asset profile with advances to top 20 borrowers contributing around 9%
• Lower ticket size lending backed by adequate collaterals
Higher yielding loan portfolio• Trading and MSME loan segments earning high yields constitute about 52% of
advances
Adequately capitalised • Strong Capital Adequacy ratio of 16.22% out of which Tier 1 constitutes 15.79%
Competitive Advantages
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Q4 & FY 2017-18 Performance – A snapshot
Deposits increased by 9% from Rs.301 Bn to Rs.329 Bn Y-o-Y
Advances registered a growth of 17% from Rs.241 Bn to Rs.282 Bn Y-o-Y
Total business grown by 13% to Rs.542 Bn from Rs.611 Bn Y-o-Y
Gross Profit registered a growth of 19% from Rs.2,476 Mn to Rs.2,943 Mn (Q4-Vs-Q4) and 22% from
Rs.9,937 Mn to Rs.12,077 Mn (Y-o-Y)
Net Profit increased by 18% from Rs.1,289 Mn to Rs.1,521 Mn (Q4-Vs-Q4) and 18% from Rs.5,028 Mn
to Rs.5,920 Mn (Y-o-Y)
Profitability and efficiency ratios – at par with the best in industry:
Q4 FY 2018 Q4 FY 2017 FY 2017-18 FY 2016-17
Return on Assets - 1.58% 1.50% 1.60% 1.50%
Net Interest Margin - 4.36% 4.20% 4.42% 4.17%
Return on Equity - 15.16% 14.97% 15.37% 15.26%
Earnings per share - Rs.2.29 Rs.2.14 Rs.9.18 Rs.8.39
Gross NPA – 3.03% and Net NPA – 1.70%
Provision Coverage Ratio – 64%
CRAR – 16.22% (Basel III) of which core CRAR – 15.79%
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Q4 FY 2018 Vs Q4 FY 2017 Performance – A snapshot
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Deposits
301,157
Advances
241,125
Total Business
542,282
CASA
70,390
Gross Profit
2,476
Net Profit
1,289
NIM
4.36%
Net NPA
1.70%
ROA
1.58% 15.16%
(All figures in INR Mn)
Q4 FY18 Q4 FY17
Net Interest Income
3,106
Cost to Income
39.67%
9% 17% 13%
19% 18% 18%
328,526 282,386 610,912 79,567
2,943 3,679
43.25%
Gross NPA
3.03%
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Branch NetworkShareholding
PatternOverview
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Corporate Governance
1,521
ROE
13%
FY 2018 Vs FY 2017 Performance – A snapshot
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Deposits
301,157
Advances
241,125
Total Business
542,282
CASA
70,390
Gross Profit
9,937
Net Profit
5,028
NIM
4.42%
Net NPA
1.70%
ROA
1.60% 15.37%
(All figures in INR Mn)
FY18 FY17
Net Interest Income
11,988
Cost to Income
38.46%
9% 17% 13%
22% 18% 19%
328,526 282,386 610,912 79,567
12,077 14,303
40.94%
Gross NPA
3.03%
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PatternOverview
Performance Highlights
Corporate Governance
5,920
ROE
13%
Particulars FY 2018 FY 2017Inc /(Dec)
Growth Growth %
Deposits 328,526 301,157 27,369 9%
Advances 282,386 241,125 41,261 17%
Total Business 610,912 542,282 68,630 13%
Demand Deposits 27,863 24,092 3,771 16%
Saving Deposits 51,705 46,298 54,07 12%
CASA 79,567 70,390 91,77 13%
Gross NPA 8,566 6,820 1,746 26%
Net NPA 4,748 4,083 665 16%
Gross NPA (%) 3.03% 2.83%
Net NPA (%) 1.70% 1.71%
C R A R (BASEL – III) 16.22% 15.83%
- Of which Tier I 15.79% 15.36%
CD Ratio 86% 80%
PCR 64% 61%
Financial Performance
FY 18 Vs FY 17 – Performance – A snapshot( in INR M n)
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Financial Performance
Particulars Q4 FY 2018 Q4 FY 2017 INC / (DEC) Growth % Q3 FY 2018
Net Interest Income 3,680 3,105 575 18% 3,651
Other Income 1,198 1,259 -61 -ve 1,217
Operating Expenses 1,935 1,888 47 3% 1,903
Gross Profit 2,943 2,476 467 19% 2,965
Provisions & Contingencies 1,422 1,187 235 20% 1,417
Net Profit 1,521 1,289 232 18% 1,548
Return on Assets 1.58% 1.50% 1.64%
Return on Equity 15.16% 14.97% 15.70%
Net Interest Margin 4.36% 4.20% 4.41%
Q4 FY 18 Vs Q4 FY 17 – Performance – A snapshot( in INR M n)
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Financial Performance
Particulars FY 2018 FY 2017 INC / (DEC) Growth %
Net Interest Income 14,303 11,988 2,315 19%
Other Income 5,321 4,839 482 10%
Operating Expenses 7,547 6,890 657 10%
Gross Profit 12,077 9,937 2,140 22%
Provisions & Contingencies 6,157 4,909 1,248 25%
Net Profit 5,920 5,028 892 18%
Return on Assets 1.60% 1.50%
Return on Equity 15.37% 15.26%
Net Interest Margin 4.42% 4.17%
FY 18 Vs FY 17 – Performance – A snapshot( in INR M n)
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Q4 FY 18 Vs Q4 FY 17 – Income and Expenses – Breakup( in INR M n)
Particulars Q4 FY
2018
Q4 FY
2017
Growth
(%)
Interest on Loans 7,236 6,520 11%
Interest on Investments 1,375 1,355 1%
Other Interest Income 96 124 -ve
Total Interest Income 8,707 7,999 9%
Particulars Q4 FY
2018
Q4 FY
2017
Growth
(%)
CEB & Charges 680 582 17%
Treasury Income 301 357 -ve
Other Inc incl recoveries in written off a/cs
217 320 -ve
Total Other Income 1,198 1,259 -ve
Interest Income Breakup
Particulars Q4 FY
2018
Q4 FY
2017
Growth
(%)
Employee Cost 768 778 -ve
Other Operating
Expenses1,167 1,110 5%
Total Expenses 1,935 1,888 3%
Other Income Breakup Operating Expenses Breakup
Particulars Q4 FY
2018
Q4 FY
2017
Growth
(%)
Int Exp on Deposits 4,821 4,844 -ve
Other Int Expenses 206 50 312%
Total Interest
Expenses5.027 4,894 3%
Interest Expenses Breakup
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FY 18 Vs FY 17 – Income and Expenses – Breakup( in INR M n)
Particulars FY
2018
FY
2017
Growth
(%)
Interest on Loans 28,404 25,902 10%
Interest on Investments 5,228 5,385 -ve
Other Interest Income 392 451 -ve
Total Interest Income 34,024 31,738 7%
Particulars FY
2018
FY
2017
Growth
(%)
CEB & Charges 2,561 2,176 18%
Treasury Income 1,682 2,056 -ve
Other Inc incl recoveries in written off a/cs
1,078 608 77%
Total Other Income 5,321 4,840 10%
Interest Income Breakup
Particulars FY
2018
FY
2017
Growth
(%)
Employee Cost 3,159 2,982 6%
Other Operating
Expenses4,388 3,908 12%
Total Expenses 7,547 6,890 10%
Other Income Breakup Operating Expenses Breakup
Particulars FY
2018
FY
2017
Growth
(%)
Int Exp on Deposits 19,271 19,418 -ve
Other Int Expenses 450 332 36%
Total Interest
Expenses19,721 19,750 -ve
Interest Expenses Breakup
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Strong Deposits and Advances growth
Deposits Advances
2,20,1692,40,750
2,71,5813,01,157
3,28,526
31-Mar-2014 31-Mar-2015 31-Mar-2016 31-Mar-2017 31-Mar-2018
1,62,2361,80,885
2,12,5312,41,125
2,82,386
31-Mar-2014 31-Mar-2015 31-Mar-2016 31-Mar-2017 31-Mar-2018
3,82,4054,21,635
4,84,1125,42,282
6,10,912
31-Mar-2014 31-Mar-2015 31-Mar-2016 31-Mar-2017 31-Mar-2018
39,17346,307
55,326
70,39079,567
31-Mar-2014 31-Mar-2015 31-Mar-2016 31-Mar-2017 31-Mar-2018
( in INR M n)
CAGR 10 % CAGR 13 %
CAGR 19 %CAGR 11 %
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CASABusiness
Income Growth over the years…
Net Interest Income Growth Other Income Growth
CEB Growth Net Profit Growth
7,594 8,0749,810
11,988
14,303
31-Mar-2014 31-Mar-2015 31-Mar-2016 31-Mar-2017 31-Mar-2018
2,799
4,041 4,1004,840
5,321
31-Mar-2014 31-Mar-2015 31-Mar-2016 31-Mar-2017 31-Mar-2018
1,7431,967
2,105 2,176
2,561
31-Mar-2014 31-Mar-2015 31-Mar-2016 31-Mar-2017 31-Mar-2018
3,4713,950
4,4475,028
5,920
31-Mar-2014 31-Mar-2015 31-Mar-2016 31-Mar-2017 31-Mar-2018
( in INR M n)
CAGR 18 % CAGR 16 %
CAGR 13 %CAGR 11 %
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Key Business Indicators
Particulars Q4 FY 2018 Q4 FY 2017 FY 2017-18 FY 2016-17
Cost of Deposits 6.22% 6.62% 6.29% 6.82%
Yield on Advances 11.19% 11.86% 11.46% 12.10%
Yield on Investments 6.90% 7.20% 6.95% 7.23%
Net Interest Margin 4.36% 4.20% 4.42% 4.17%
Cost to Income 39.67% 43.25% 38.46% 40.94%
Cost of Funds 5.23% 5.70% 5.34% 5.89%
Yield on Funds 9.06% 9.31% 9.21% 9.47%
Per Employee Business (in INR Mn) 114.77 115.33 114.77 115.33
Per Employee Profit (in INR Mn) (Ann) 1.14 1.10 1.11 1.07
EPS (in INR) – FV INR 1/- share (Not Ann) 2.29 2.14 9.18 8.39
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Key Business Ratios – Yearly trends
Net Interest Margin Return on Assets
Cost of Funds Yield on Funds
3.50%
3.44%
3.81%
4.17%
4.42%
3.00%
3.50%
4.00%
4.50%
5.00%
31-Mar-14 31-Mar-15 31-Mar-16 31-Mar-17 31-Mar-18
1.44%
1.49% 1.50% 1.50%
1.60%
1.35%
1.40%
1.45%
1.50%
1.55%
1.60%
1.65%
31-Mar-14 31-Mar-15 31-Mar-16 31-Mar-17 31-Mar-18
7.40% 7.13%
6.61%
5.89%
5.34%
5.00%
5.50%
6.00%
6.50%
7.00%
7.50%
8.00%
31-Mar-14 31-Mar-15 31-Mar-16 31-Mar-17 31-Mar-18
10.55%
10.17%
9.91%
9.47%
9.21%
8.50%
9.00%
9.50%
10.00%
10.50%
11.00%
31-Mar-14 31-Mar-15 31-Mar-16 31-Mar-17 31-Mar-18
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Cost of deposits & Yield on advances
7.23%
7.98%7.73%
6.94%
8.11%8.44% 8.37% 8.15%
7.62%
6.82%6.29%
12.82%
13.46%13.04%
12.47%
13.56% 13.49% 13.43%13.18%
12.83%
12.10%
11.46%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
14.00%
16.00%
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18
Spread between cost of deposits and yield on advances of our bank maintained in the last 10 years
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Efficiency
Business per Branch Profit per Branch
Cost income ratio CASA Ratio
44.10
42.83
40.1040.94
38.46
31-Mar-2014 31-Mar-2015 31-Mar-2016 31-Mar-2017 31-Mar-2018
17.7919.23 20.37
23.37 24.22
31-Mar-2014 31-Mar-2015 31-Mar-2016 31-Mar-2017 31-Mar-2018
( in INR M n)
Business per Employee Profit per Employee
90.6296.53
106.87115.33 114.77
31-Mar-2014 31-Mar-2015 31-Mar-2016 31-Mar-2017 31-Mar-2018
0.820.91
0.981.07 1.11
31-Mar-2014 31-Mar-2015 31-Mar-2016 31-Mar-2017 31-Mar-2018
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( in INR M n)
Loan Book – Products Composition
• Working capital loans yielding higher interest
constitute 66% of advances
• Re-pricing possible at short intervals thus
reducing interest rate risk
• ~95% of our loan book is on floating rate basis
which reduces interest rate risk
Loan Book Products CompositionAmount (INR Mn)
% to Total Advances
Cash Credit & Demand Loans 186,317 66%
Term Loans 93,678 33%
Bills Purchased & Bills Discounted 2,391 1%
Gross Loans Total 282,386 100%
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65%
34%
1%
% to Total Advances
Cash Credit & DemandLoans
Term Loans
Bills Purchased & BillsDiscounted
0% 5% 10% 15% 20% 25% 30% 35% 40%
Agriculture
M S M E
Large Industries
Retail Traders
Wholesale Traders
Commercial Real Estate
JL Non Agriculture
Housing Loans
Other Personal Loan
Loans collateralized byDeposits
Infrastructure
NBFC
Others
Loan Book – Sectoral Deployment – Position as on 31.03.2018
Sectorial Deployment
Trading & MSME loans earning higher yield constitute
about 52%.
Diversified credit portfolio reduces credit risk and Lower
ticket size backed by adequate collaterals
Unsecured Advances aggregate to 1%
Total Jewel Loan outstanding as on 31.03.2018 –
Rs.23,436 Mn
ParticularsAmount
(INR Mn)% to Total Advances
Secured Loans 278,953 99%
Unsecured Loans 3,433 1%
Total 282,386 100%
40,834 (14%)
95,808 (34%)
18,888 (7%)
10,467 (4%)
40,853 (14%)
13,911 (5%)
3,717 (1%)
18,578 (6%)
10,416 (4%)
4,977 (2%)
1,729 (1%)
2,730 (1%)
19,478 (7%)
Secured & Unsecured Advances
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( in INR M n)
Loan Book – Advances to Major Industries
Advances to Major Industries 31st March 2018
Industry NameAmount (in INR
Mn)
% to Total Advances
Advances to Major Industries
67,947 24%
All other advances(Agri, Trade, Service, Gold Loan, etc.)
214,439 76%
Total Gross Advances 282,386 100%
-2% 1% 3% 5% 7%
TEXTILE
a) Cotton
b) Other Textiles
METALS
a) Iron & Steel
b) Other Metals
PAPER & PAPER PROD
FOOD PROCESSING
CHEMICALS
RUBBER & PLASTICS
ENGINEERING
BEVERAGE & TOBACCO
AUTOMOBILES
OTHER INDUSTRIES
13,032 (5%)
17,010 (6%)
10,080 (3%)
4,034 (1%)
6,510 (2%)
3,599 (1%)
1,867 (1%)
5,195 (2%)
393
2,122 (1%)
1,223 (1%)
2,882 (1%)
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( in INR M n)
Asset Quality( in INR M n)
Gross NPA Qtm & Gross NPA % Net NPA Qtm & Net NPA %
2,9313,358
5,120
6,820
8,566
1.81%1.86%
2.41%
2.83%3.03%
31-Mar-14 31-Mar-15 31-Mar-16 31-Mar-17 31-Mar-18
19732,328
3,232
4,083
4,748
1.23% 1.30% 1.53% 1.71% 1.70%
31-Mar-14 31-Mar-15 31-Mar-16 31-Mar-17 31-Mar-18
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(Rs in Mn)FY
Mar - 14F Y
Mar - 15FY
Mar - 16FY
Mar - 17Q4 FY2018
FY2018
NPA Opening balance 1,731 2,931 3,358 5,120 8,598 6,820
Additions A 4,562 4,250 4,290 4,796 1,482 5,749
Recovery / SR 1,865 2,118 734 905 579 1,623
Upgradations 168 227 546 556 91 433
Net Addition B 2,529 1,905 3,010 3,335 812 3,693
Write-off 1,329 1,478 1,248 1,635 845 1,948
NPA Closing balance 2,931 3,358 5,120 6,820 8,565 8,565
Technical Write-off (TW) during the period 1,226 618 1,189 1,564 790 1,836
Provision made during the period C 1,485 1,650 2,050 2,515 550 3,030
T W recovery D 544 750 370 470 180 704
Provision made net of TW Recovery E = C-D 941 900 1,680 2,045 370 2,326
Gross Advance F 1,62,236 1,80,885 2,12,531 2,41,125 2,82,386 2,82,386
Additions % of Gross Advance A / F 2 .81 2.35 2. 02 1.99 0.52 2.04
Net Addition % of Gross Advance B / F 1.56 1.05 1.42 1.38 0.29 1.31
Credit cost E / F 0.58 0.50 0.79 0.85 0.13 0.82
Gross NPA % 1.81 1.86 2.41 2.83 3.03 3.03
Net NPA % 1.23 1.30 1.53 1.71 1.70 1.70
Asset Quality Position – Movement over the years
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Disclosure on Divergence in Asset Classification and Provisioning for NPAs
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In terms of RBI circular DBR.BP.BC.No.63/21.04.018/2016-17 dated 18th April 2017, banks are
required to disclose the divergences in asset classification and provisioning consequent to RBI's
annual supervisory process in their notes to accounts wherever either
a) the additional provisioning requirements assessed by RBI exceed 15% of the published net
profits after tax for the reference period (or)
b) the additional Gross NPAs identified by RBI exceed 15% of the published incremetnal Gross
NPAs for the reference period, or both.
RBI inspection has been concluded with position relating to 31.03.2017 and “we do not have
requirement of reporting divergence as per RBI / SEBI guidelines for the said period” and the
same was informed to stock exchanges through our filing dated 30.01.2018.
The above disclosure is in respect of Restructured Standard Accounts excluding NPA.
Restructured Standard Advances to Gross Advances - 0.03% as on Mar-18 Vs 0.56% in Mar-17
No fresh sale to ARC during FY 2017-18 and amount outstanding in Security Receipts - 3413 Mn. During FY 2017-18, the
repayment received from ARC in SR amounted to Rs.59 Mn. The bank has provided Rs.815 Mn during FY 17-18 and as at
31st Mar 2018 the total outstanding provision towards SR is Rs.1320 Mn in connection with probable shortfall in the future
realisation of Security Receipts.
Amount serviced during FY 2018 in restructured standard accounts is Rs.89 Mn.
During Q4 FY 2018, two accounts have slipped to NPA to the tune of Rs.17 Mn.
Type Restructuring No. of BorrowersAmount
(in INR Mn)
Under CDR Mechanism 0 0
Under SME Debt Restructuring Mechanism 8 14
Under Other Debt Restructuring Mechanism 4 67
Total 12 81
Restructured Accounts
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Balance outstanding as on 31.03.2018 in respect of Restructured Standard borrowers
No account has been restructured during Q4 FY 2018 & FY 17-18
There were no sale to ARC on SR basis in the previous two years
Investments – At a Glance
Investments Breakup and Categoryw ise (in INR Mn)
Particulars MAR 2018 MAR 2017
SLR Securities 76,380 66,978
Non-SLR Securities 3,770 3,840
Total Investments 80,150 70,818
Yield on Investments 6.95% 7.23%
Investments Breakup:
- A F S 20,129 (25%) 12,590 (18%)
- H T M 60,021 (75%) 58,228 (82%)
- H F T - -
Total Investments 80,150 70,818
Modified Duration:
- A F S 1.50 2.77
- H T M 5.09 5.01
- H F T - -
- Overall Portfolio 4.31 4.71
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2 65431 Financial Performance & Business Profile
Branch NetworkShareholding
PatternOverview
Performance Highlights
Corporate Governance
StateNo. of
Branches
% of
Deposits
% of
Advances
% of
Business
Tami lnadu 415 78 63 71
Andhrapradesh 39 3 9 6
Telengana 27 3 6 5
Karnataka 36 6 5 5
Maharashtra 19 3 3 3
Kera la 16 2 3 2
Gujarat 11 1 4 2
Others 37 4 7 6
Total 600
Strong presence in the South
As of Mar-2018 - 600 branches. 538 branches are located in South India out of which 415 in Tamil Nadu
41516
36 39
27
19
11
1
1
5
2
4
7
2
3
2
30
2 65431 Financial Performance & Business Profile
Branch NetworkShareholding
PatternOverview
Performance Highlights
Corporate Governance
1
5
142122
247
89
Metro Urban Semi Urban Rural
FII, 0.29
MF, IFI, Banks, 20.29
Corp Bodies, 6.76
NRI, 0.92
Public, 40.86
FPI, 30.09
Others, 0.79
A well diversified investor base
Ownership profile
as of 31st Mar 2018
Shareholders % of Holding
HDFC Midcap Opportunities Fund 4.40
NT Asian Discovery Master Fund 3.97
Life Insurance Corporation of India 3.68
Smallcap World Fund INC (Capital Group) 3.30
GKFF Ventures (Argonaut Ventures) 2.78
Aberdeen Global – Asian Smaller Companies Fund 2.10
TVF Fund Ltd 1.54
HDFC Standard Life Insurance Company Ltd 1.52
Bank Muscat India Fund 1.24
Franklin Templeton Mutual Fund 1.13
Faering Capital India Evolving Fund 1.10
Wasatch Core Growth Fund 1.10
Well diversified ownership of shareholders around 96,000 Approx
Long term investors ensuring stability and support to management
Higher Participation from FPI’s
Limit on FII / FPI ownership increased to 40%
Head room available for FII / FPI … 9.62%
Major Institutional Shareholders
31
2 65431 Financial Performance & Business Profile
Branch NetworkShareholding
PatternOverview
Performance Highlights
Corporate Governance
Transparent ‘Corporate Governance’ practices
Board consists of 9 Independent Directors and 1 Non-Independent Director
Various sub-committees of Board functions to oversee the operations of the Bank
Code of conduct for Directors and Senior Management put in place
Disclosure norms strictly adhered to
KYC / AML norms strictly complied with
WE HAVE EMINENT PERSONALITIES ON OUR BOARD
Chairman – Chartered Accountant -Retd. CFO & ED from
Tata Consultancy Services
Chartered Accountant & Firstwoman director of the Bank
Private Equity Fund Manager
Professor of IIT, Chennai
Practicing Chartered Accountant
Practicing Advocate
Career Banker with 4 Decades of banking experience
Practicing Chartered Accountant
Retired IAS Officer
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2 65431 Financial Performance & Business Profile
Branch NetworkShareholding
PatternOverview
Performance Highlights
Corporate Governance
A well experienced and strong Board
Shri. S. Mahalingam | B.Com (Honours), FCANon Executive ChairmanMr. S. Mahalingam retired as CFO and ED of Tata Consultancy Servicesand was involved in myriad aspects of the company's operation andgrowth. He is a graduate in Commerce and Fellow member of Instituteof Chartered Accountants of India. He is serving as Non Executive PartTime Independent Chairman w.e.f. 04.05.2016
Dr N. Kamakodi | B.Tech., MBA., PhD., CAIIB M.D. & C.E.O.Dr. N. Kamakodi is serving as MD & CEO of the Bank from May 2011.He joined the Bank as DGM in the year 2003 and was elevated as GMin 2005 and later as Executive Director in 2006.
Smt. Abarna Bhaskar | BA., FCADirectorSmt. Abarna Bhaskar is a qualified Chartered Accountant byprofession and the first woman director of the Bank. She has servedin senior positions with Foreign Banks abroad and a large privatesector bank in India.
Prof. V. Kamakoti | BE., M.S. Phd.DirectorDr.Veezhinathan Kamakoti holds a Bachelor of Engineering and Ph.D.in Computer Science. His forte is Information Technology relatedSecured Systems Engineering and Security related SoftwareEngineering.
Shri. S. Bernard | B.Com., FCA, DirectorMr. S. Bernard is a graduate in Commerce and Fellow member of theInstitute of Chartered Accountants of India. Having worked as anaccountant/divisional accountant in Eastern Coal Fields (subsidiary ofCoal India Ltd.) and Best & Crompton Engineering for a period of 6years, he is a practicing Chartered Accountant since 1984.
Shri. R. Mohan | B.Sc., MBA, CAIIBDirectorMr. R. Mohan is a bachelor of Science, Master of BusinessAdministration and a CAIIB. Prior to joining the Board, he served asChief General Manager of our Bank.
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2 65431 Financial Performance & Business Profile
Branch NetworkShareholding
PatternOverview
Performance Highlights
Corporate Governance
Shri. M. Narayanan | B.Sc. FCA, Grad CWA, DISADirectorMr. M. Narayanan is a practicising Chartered Accountant by professionand has handled Finance, Accounts and Taxation at various levelsupto CFO while in service for over 20 years in companies of reputeviz. BHEL, Dalmia Cements, Fenner, Ramco Cements and Dishnet etc.He is also an agriculturist.
Shri. Subramaniam Narayanan | PGDM-IIM(A), FCA, FCS, CWADirector
Mr. Subramaniam Narayanan posses rich experience in the area ofFinance, Accountancy and Portfolio Managerial Operations in SecurityMarket. He has held the position of CEO of First India AssetManagement Co. Ltd. and handled Treasury services for Bank ofAmerica and Abu Dhabi Commercial Bank, UAE. He is also thefounder Chairman of the Venture Capital Association of India (VCAI).
Sri. V.N. Shiva Shankar | B.Com, ACS, AICWA, BL DirectorSri. V.N. Shiva Shankar is a qualified Lawyer, Company Secretary andCost / Management Accountant with 25 years of rich experience inIndian Corporate Law. He is also the founder of M/s VNS LegalCorporate Law firm based in Chennai which focuses on legal advisoryservices on Capital Market Regulation, Takeover Offers, CorporateLitigation, etc. He is a member of the Executive Committee inSouthern India Chamber of Commerce.
Dr. T.S. Sridhar | M.A., Phd., IAS (Retd) DirectorDr T.S. Sridhar is a Retd IAS officer having 35 years of vastexperience in all levels of administration and as Principal Secretary, hehas expertise and knowledge on Rural economy, farm sector andIndustries especially MSME. He was a Director on the Board ofNABARD.
CITY UNION BANK LTD.Regd. Office : 149, TSR Big Street, Kumbakonam – 612001, Tamilandu.Admin Office : "Narayana" No.24 B, Gandhi Nagar, Kumbakonam - 612001,Tamil Nadu.Tel : 0435-2402322, 2401622, | FAX: 0435-2431746 | www.cityunionbank.com
INVESTOR CONTACTName : K. Jayaraman, DGMMob : +91 9344303740Email : [email protected]
For any queries regarding presentation, please write to [email protected]
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