Central Bank of India · NSE:CENTRALBK
Central Bank of India — Q2 FY2024-25 Earnings Presentation
57 slides from Central Bank of India's earnings presentation, Oct 17, 2024
Slide 1: Exchange filing letter: presentation on Q2 and half year results
केंद्रीय कायाा लय INVESTORS RELATION DIVISION Central Office CO:IRD:2024:25:202 Date: 17th October, 2024 National Stock Exchange of India Limited BSE Limited Listing Department, Exchange Plaza, Corporate Relationship Dept., Plot No. C/1, ‘G’ Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Ba
Slide 2: Financial Result Analysis Quarter & Half Year Ended 30th Sep'2024
Financial Result Analysis Quarter & Half Year Ended 30th Sep’2024 https://youtube.com/c/CentralBankofIndiaOfficial https://www.instagram.com/centralbank_in https://in.linkedin.com/company/centralbankofindia http://twitter.com/centralbank_in https://www.facebook.com/centralbankofindia Visit us at www
Slide 3: Macro Economic Indicators
MACRO ECONOMIC INDICATORS Barometers of Macroeconomic Progress (Y-o-Y Growth %) Q1:2023-24 Q2:2023-24 Q3:2023-24 Q4:2023-24 Q1:2024-25 Economic Outlook & Projections 8.2 8.1 8.6 7.8 The global growth remains steady, but is subject to 6.7 6.4 5.4 5.0 4.9 gamut of factors such as sustaining its mome
Slide 4: Macro Economic Indicators: FPI Trends in 2024
MACRO ECONOMIC INDICATORS Foreign Portfolio Investment (FPI) Trends in 2024 Net FPI inflows in Equity (₹ Crores) Net FPI inflows in Debt (₹ Crores) Net FPI inflows (₹ Crores) Economic Outlook & Projections ₹93,538 Non food bank credit of scheduled commercial banks ₹51,996 ₹48,796 (SCBs) decelerate
Slide 5: Values That Set Us Apart
Consistency C Ethical E Standards Nurturing N Potential VALUES THAT SET US APART Transparency T Responsiveness R Accountability A Loyalty L FY 24-25 (Q2)Analyst Presentation 4
Slide 6: Strengths
STRENGTHS Strong Rural + Semi Pan India Customer Base Urban Presence with Presence with 8.45 Crore 65% of Total 20562 Branches in RUSU Customer Touch Centers Points Strong Brand Best CASA base Dedicated Image with Staff Legacy of @48.93% of Strength Of Total Deposits 112+ Years 33,855 FY 24-25 (Q2)A
Slide 7: Contents
CONTENTS Performance Highlights 07-10 01 Financial Performance 11-16 02 05 35-38 Investments Asset Quality & Digital Capital Adequacy 17-24 03 06 39-44 Journey & FI Business Group Performance 25-34 04 07 45-47 Performance Other 08 48-56 Information FY 24-25 (Q2)Analyst Presentation 6
Slide 8: Performance Highlights
PERFORMANCE HIGHLIGHTS FY 24-25 (Q2)Analyst Presentation
Slide 9: Key Highlights
KEY HIGHLIGHTS (Y-o-Y) Sep’24 (QTR) vis-a-vis Sep’23 (QTR) Total Business Total Deposits CASA Gross Advances RAM Non Interest Income 644858 Cr 391914 Cr 191270 Cr 252944 Cr 182205 Cr 1647 Cr 7.07% 5.57% 4.61% 9.48% 19.95% 55.23% Operating Profit Net Profit Gross NPA % Net NPA % ROA ROE 2165 Cr 913 C
Slide 10: Profitability – Sustained Growth
PROFITABILITY – SUSTAINED GROWTH NET PROFIT ₹ in Cr 75.10% 1793 1024 SEP'23 SEP'24 (HY) (HY) Q-o-Q 56.77% 41.33 % 110.53% 50.91% 880 913 807 718 571 605 458 418 DEC'22 DEC'23 MAR'23 MAR'24 JUN'23 JUN'24 SEP'23 SEP'24 FY 24-25 (Q2)Analyst Presentation 9
Slide 11: Sustained Headline Numbers (Standalone)
SUSTAINED HEADLINE NUMBERS ( On Stand alone basis) Year Ended Quarter Ended Growth Particulars Mar'24 (FY) Sep'23 Sep'24 Y-o-Y Yield on Advances (%) 8.72 8.62 8.84 22 bps Yield on Investments (%) 6.57 6.55 6.93 38 bps Yield on Funds (%) 8.10 7.98 8.28 30 bps Cost of Deposits (%) 4.61 4.60 4.71
Slide 12: Financial Performance
FINANCIAL PERFORMANCE FY 24-25 (Q2)Analyst Presentation
Slide 13: Financials at a Glance
FINANCIALS AT A GLANCE ₹ in Cr Quarter Ended Half Year Ended Particulars Jun'24 Sep'23 Sep'24 Y-o-Y (%) Q-o-Q (%) Sep'23 Sep'24 Y-o-Y (%) Total Interest Income 8335 7351 8202 11.58 (1.60) 14576 16537 13.45 Total Interest Expenses 4787 4323 4792 10.85 0.10 8372 9579 14.42 Net Interest Income 3548 302
Slide 14: Interest Income
INTEREST INCOME ₹ in Cr Quarter Ended Half Year Ended Particulars Jun'24 Sep'23 Sep'24 Y-o-Y (%) Q-o-Q (%) Sep'23 Sep'24 Y-o-Y (%) Interest on Advances 5402 4731 5402 14.18 - 9235 10804 16.99 Interest on Investments 2463 2334 2547 9.13 3.41 4614 5010 8.58 Interest on balances with RBI and Other 249
Slide 15: Non-Interest Income
NON-INTEREST INCOME ₹ in Cr Quarter Ended Half Year Ended Particulars Jun'24 Sep'23 Sep'24 Y-o-Y (%) Q-o-Q (%) Sep'23 Sep'24 Y-o-Y (%) Fee Based Income (i + ii + iii) 425 506 635 25.49 49.41 907 1060 16.87 Commission Exchange & Brokerage (i) 77 86 119 38.37 54.55 172 196 13.95 - Commission on LC/BG/
Slide 16: Total Expenses
TOTAL EXPENSES ₹ in Cr Quarter Ended Half Year Ended Particulars Jun'24 Sep'23 Sep'24 Y-o-Y (%) Q-o-Q (%) Sep'23 Sep'24 Y-o-Y (%) Interest Expenses 4787 4323 4792 10.85 0.10 8372 9579 14.42 Interest Paid on 4443 4178 4530 8.43 1.96 8108 8973 10.67 Deposits Other Interest 344 145 262 80.69 (23.84) 26
Slide 17: Provisions
PROVISIONS ₹ in Cr Quarter Ended Half Year Ended Particulars Jun'24 Sep'23 Sep'24 Y-o-Y (%) Q-o-Q (%) Sep'23 Sep'24 Y-o-Y (%) NPAs 1322 1927 340 (82.36) (74.28) 2168 1662 (23.34) Standard Assets (74) (837) 70 108.36 194.59 (205) (4) 98.05 Depreciation/ Provisions on Investment Including (20) (167) (
Slide 18: Asset Quality & Capital Adequacy
ASSET QUALITY & CAPITAL ADEQUACY FY 24-25 (Q2)Analyst Presentation
Slide 19: Asset Quality Trend
ASSET QUALITY TREND 4.62 4.59 1.64 1.23 4.54 1.27 4.50 4.50 0.69 0.73 SEP'23 DEC'23 MAR'24 JUN'24 SEP'24 SEP'23 DEC'23 MAR'24 JUN'24 SEP'24 GROSS NPA % NET NPA % ₹ in Cr Particulars Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 Gross Advances 231032 239646 251745 250615 252944 Net Advances 224030 231815 243406
Slide 20: NPA Movement
NPA MOVEMENT ₹ in Cr Particulars Sep'23 (QTR) FY 23-24 Jun'24 (QTR) Sep'24 (QTR) Sep'24 (HY) Opening Gross NPAs 10891 18386 11340 11388 11340 Add: Slippage of PA to NPAs 2544 4662 650 766 1255 Increase in Balance of 133 462 159 147 296 existing NPAs Sub-Total 2677 5124 809 913 1551 Less: Up-gradatio
Slide 21: Sector-wise NPA Classification
SECTOR-WISE NPA CLASSIFICATION NPA Classification: Sector-Wise ₹ in Cr Sep'24 Advances TOTAL NNPA TOTAL NNPA NNPA % Particulars Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 (Sep'24) NNPA % Total NPA 10666 10786 11340 11388 11604 252944 1674 0.69 1.62 773 710 1.34 Retail 841 831 867 925 917 76373 91 0.12 Agric
Slide 22: Other Major Ratios
OTHER MAJOR RATIOS PROVISION COVERAGE RATIO 96.17 96.31 93.73 93.58 92.54 Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 SLIPPAGE RATIO CREDIT COST 1.28 3.51 2.13 0.70 0.62 1.72 1.53 0.57 1.24 0.37 0.34 0.34 0.38 0.85 0.56 0.44 DEC'22 DEC'23 MAR'23 MAR'24 JUN'23 JUN'24 SEP'23 SEP'24 DEC'22 DEC'23 MAR'23 MAR'24
Slide 23: Restructured Book
RESTRUCTURED BOOK Standard Restructured Book ₹ in Cr Segment Sep'23 Dec'23 Mar'24 Jun'24 Sep'24 Retail 400 628 625 596 585 Agriculture 176 256 233 162 149 MSME 477 702 722 687 649 Corporate 819 982 1011 970 916 TOTAL 1872 2568 2591 2415 2299 Standard Restructured: Covid-19 Resolution Framework Segme
Slide 24: Special Mention Accounts
SPECIAL MENTION ACCOUNTS ₹ in Cr Asset Quality Up to ₹ 5 Cr Above ₹ 5 Cr Total % of Total Advance Sep'23 No. of A/Cs Amount No. of A/Cs Amount No. of A/Cs Amount SMA 0 136979 7951 43 707 137022 8658 3.75 SMA 1 59450 2736 3 67 59453 2803 1.21 SMA 2 73891 3900 8 88 73899 3988 1.73 TOTAL 270320 14587 5
Slide 25: Capital Ratios
CAPITAL RATIOS CAPITAL ADEQUACY RATIO 14.82* 15.08* 15.68 16.27 2.26 2.32 2.68 2.62 14.01 13.36 12.46 12.14 SEP'23 MAR'24 JUN'24 SEP'24 CET-I Tier-II LEVERAGE RATIO 5.88 5.48 5.13* 4.79* * CRAR (BASEL recapitalization III) and Leverage Ratio are arrived at after considering the NPV of non-interest S
Slide 26: Business Performance
BUSINESS PERFORMANCE FY 24-25 (Q2)Analyst Presentation
Slide 27: Business Across the Board
BUSINESS ACROSS THE BOARD ₹ in Cr PARTICULARS SEP'23 SEP'24 Y-o-Y Growth % Total Business 602284 644858 7.07 Total Deposits (Including Interbank 371252 391914 5.57 Deposits) Certificate of Deposit NIL NIL - CASA Deposits 182838 191270 4.61 CASA % 49.40 48.93 (47 bps) Total Advances 231032 252944 9.4
Slide 28: Deposit Mix
DEPOSIT MIX ₹ in Cr Y-o-Y PARTICULARS SEP'23 SEP'24 Growth % SEP'23 SEP'24 Current 16546 17394 5.13 Savings 166292 173876 4.56 0.31% 4.46% 0.26% 4.44% Total CASA Deposits 182838 191270 4.61 50.44% 50.93% CASA % 49.40 48.93 (47 bps) 44.79% 44.37% Core Time Deposits 187248 199606 6.60 Total Core Depos
Slide 29: Credit Performance
CREDIT PERFORMANCE ₹ in Cr Y-o-Y SECTOR SEP'23 SEP'24 Growth % SEP'23 SEP'24 Retail 66133 76373 15.48 Agriculture 42849 50280 17.34 34.25% 27.97% 28.63% 30.19% MSME 42913 55552 29.45 RAM RAM RAM 65.75% 65.71 % 72.03% RAM 151895 182205 19.95 21.96% 18.57% 18.55% 19.88% Corporate 79137 70739 (10.61) G
Slide 30: Diversified Loan Book
DIVERSIFIED LOAN BOOK ₹ in Cr SECTOR Amount As on 30th SEP'24 Housing Loan 48164 Auto Loan 3536 Personal Loan 4573 27.97% 19.04% Housing Loan Personal Loan Education Loan 4984 1.40% 1.81% Education Loan Agriculture Loan Other Retail Loan 15116 RAM 1.97% Total Retail 76373 72.03% MSME Credit Other Re
Slide 31: Retail Segment
RETAIL SEGMENT ₹ in Cr As on 30th Sep’24 % of Total Retail Advance Y-o-Y Growth 63.06% 18.51% 6.53% 28.95% EDUCATION HOME LOAN LOAN ₹ 48164 ₹ 4984 4.63% 15.18% 5.99% 10.35% 19.79% 4.88% PERSONAL OTHER LOAN AUTO LOAN ₹ 3536 LOAN ₹ 15116 ₹ 4573 Retail Segment ₹ 76373 30.19% of Total Advance Y-o-Y Grow
Slide 32: Rated Standard Advances
RATED STANDARD ADVANCES ₹ in Cr INVESTMENT GRADE WISE STANDARD SEP'23 SEP’24 ADVANCES SEP'23 SEP'24 Y-o-Y (FUND BASED) (%) (Rs 25 Crore and above) Unrated BB and Unrated BB and Below 2.73% 3.75% Government Guaranteed Below 3.37% AAA 28574 23757 (16.86) Government 2.32% Advances Guaranteed 6.07% Adva
Slide 33: Sanctions & Outstanding
SANCTIONS & OUTSTANDING ₹ in Cr GROWTH(%) GROWTH (%) SANCTIONS SANCTIONS DISBURSEMENTS OUTSTANDING IN DISBURSEMENTS IN (Amt.)(Amt.) SECTOR Sector (Amt.) SANCTIONS No. of A/Cs Amt. No. of A/Cs Amt. No. of A/Cs Amt. As on Y-o-Y Q-o-Q Jun'24 Jun'24 Sep'23 Sep'23 Sep24 Sep'24 30th Sep24 Retail 65300 536
Slide 34: Co-Lending
CO-LENDING ₹ in Cr GROWTH(%) GROWTH (%) SANCTIONS SANCTIONS DISBURSEMENTS OUTSTANDING IN DISBURSEMENTS IN (Amt.)(Amt.) SECTOR Sector (Amt.) SANCTIONS No. of A/Cs Amt. No. of A/Cs Amt. No. of A/Cs Amt. As on Y-o-Y Q-o-Q Jun'24 Jun'24 Sep'23 Sep'23 Sep24 Sep'24 30th Sep24 Retail 8097 655.68 14993 604.
Slide 35: Achievement Under Mandated Targets
ACHIEVEMENT UNDER MANDATED TARGETS TOTAL PRIORITY SECTOR ADVANCES AGRICULTURE ADVANCES @ 54.57% of ANBC against norm of 40% @ 21.60% of ANBC against norm of 18% SURPASSED THE MANDATED NORMS IN RESPECT OF WEAKER SECTOR ADVANCES TO SMALL AND MARGINAL FARMERS @ 16.80% of ANBC against norm of 12% @ 10.8
Slide 36: Investments
INVESTMENTS FY 24-25 (Q2)Analyst Presentation
Slide 37: Investment Portfolio
INVESTMENT PORTFOLIO ₹ in Cr SEP'23 SEP’24 Particulars Sep'23 Sep'24 Govt. Securities 111984 119053 1.88% 0.03% 0.49% 0.73% 0.03% 0.45% 18.55% Other Approved - - 20.77% Shares 2791 2226 1.47% 1.87% Debentures & Bonds 31007 28046 Subsidiaries & Joint Ventures 670 740 75.00% 78.73% Others 2810 1110 To
Slide 38: Treasury Performance
TREASURY PERFORMANCE ₹ in Cr INTEREST ON INVESTMENT PROFIT ON SALE OF INVESTMENT Sep'23 Sep'24 Particulars (QTR) (QTR) 2547 359 2334 Aggregate Investment 149309 151222 Interest on Investment 2334 2547 Yield on Investment % 6.55 6.93 91 Profit on Sale of Investments 91 359 SEP'23 SEP'24 SEP'23 SEP'24
Slide 39: Treasury Operations
TREASURY OPERATIONS ₹ in Cr TOTAL INVESTMENT BOOK SEP’23 SEP’24 AGGREGATE INVESTMENT 149309 151222 PORTFOLIO HTM AFS HFT HTM AFS FVTPL-HFT SAJV INVESTMENT 109164 39434 711 101568 44840 3959 855 PERCENTAGE 73.11% 26.41% 0.48% 67.16% 29.65% 2.62% 0.57% TOTAL SLR 111984 119053 Percentage 75.00% 78.73%
Slide 40: Digital Journey
DIGITAL JOURNEY FY 24-25 (Q2)Analyst Presentation
Slide 41: Leveraging Technology
LEVERAGING TECHNOLOGY AEPS using Face Customer feedback on branch Authentication technology level through SMS CFC – Centralized Forex End to end digital Cell for end to end lending for MSME transactions and and CKCC Renewal improvement in turn VKYC with generation around time of account number Decea
Slide 42: Digital Transactions & Customer Touch Points (1/2)
DIGITAL TRANSACTIONS & CUSTOMER TOUCH POINTS (1/2) Oct’22 to Sep’23 Oct’23 to Sep’24 UPI Debit Card (POS) 5.34% 1.34% 5.75% 5.68% 1.00% 4.89% 1.20% 0.60% IMPS RTGS/NEFT 0.59% 0.47% 0.47% 0.54% 4.25% Mobile Banking AEPS-BHIM-AADHAR 5.03% 80.21% 82.64% Internet Banking Others Share of Digital Txns Sha
Slide 43: Digital Transactions & Customer Touch Points (2/2)
DIGITAL TRANSACTIONS & CUSTOMER TOUCH POINTS (2/2) IMPS TRANSACTIONS UPI (Remitter + Beneficiary) 1606.40 31261.67 1457.64 23226.48 OCT'22 - SEP'23 OCT'23 - SEP'24 OCT'22 - SEP'23 OCT'23 - SEP'24 MOBILE BANKING INTERNET BANKING 178.84 169.91 176.81 156.11 OCT'22 - SEP'23 OCT'23 - SEP'24 OCT'22 - SEP
Slide 44: Digital Initiatives in Progress
DIGITAL INITIATIVES IN PROGRESS Digital Lending Platform (DLP) The Digital Lending Platform currently offers convenient online loan applications via STP (Straight Through Processing) and assisted modes for Retail and Agri Gold Loan, KCC, PAPL, and Mudra-Shishu/ Kishore/ Tarun Loans. Additionally, Ho
Slide 45: Financial Inclusion
FINANCIAL INCLUSION S No. of Accounts (in Lakhs) Balance Outstanding (₹ in Cr) O C I P 185.27 7085.69 6987.08 6845.65 A M 176.59 180.36 L 173.86 6224.66 J 170.15 5965.85 S D E Y SEP'23 DEC'23 MAR'24 JUN'24 SEP'24 SEP'23 DEC'23 MAR'24 JUN'24 SEP'24 C U R I T PMJJBY PMSBY APY Y 25.11 94.31 94.49 23.21
Slide 46: Central Bank of India - Group: Subsidiaries
CENTRAL BANK OF INDIA - GROUP Subsidiaries ₹ in Cr Central Bank of India Half Year ended Particulars Cent Bank Home Finance Ltd. (Unaudited) Shareholding Sep'23 Sep'24 • Engaged into Housing Finance Activity • Presence in 12 States through 31 Branches Total Income 78.21 87.57 & 3 SPOKE locations Net
Slide 47: Central Bank of India - Group Position
CENTRAL BANK OF INDIA - GROUP Group Position ₹ in Cr Particulars As on 30th Sep'23 As on 30th Sep'24 CAPITAL & LIABILITIES Capital 8681 8681 Reserves and Surplus 21653 24818 Minorities Interest 72 81 Deposits 371803 392481 Borrowings 17125 13346 Other Liabilities and Provisions 8347 8400 Total 42768
Slide 48: Central Bank of India - Group Performance
CENTRAL BANK OF INDIA - GROUP Group Performance ₹ in Cr Half Year ended Particulars Sep'23 Sep'24 INCOME Interest and Dividend Earned 14636 16602 Other Income 2021 2815 Total 16657 19417 EXPENDITURE Interest Expended 8400 9608 Operating Expenses 4867 5628 Provisions and Contingencies 2353 2374 Total
Slide 49: Shareholding Pattern
SHAREHOLDING PATTERN As on 30th Sep'24 Other Body Corp Public 0.11% Insurance Cos.. 2.69% 3.48% NRI As on 30th Sep'24 0.06% Others. 0.23% FIIs . 0.34% Share Capital : 8680.94 Cr GOI Banks & FI. 0.01% Banks & FI Shares of Central Bank of India are FIIs listed at BSE and NSE Insurance Cos. Equit
Slide 50: Pan India Network of Branches
PAN INDIA NETWORK OF BRANCHES As on 30th Sep'24 1. Ladakh 1 15 Total Branches 4528 1 2. Jammu and Kashmir 3. Himachal Pradesh 56 2 Rural 1612 4. Chandigarh 11 Semi Urban 1343 3 5. Punjab 142 6. Uttarakhand 41 Urban 770 5 4 6 7. Haryana 137 Metro 803 7 8 15 8. National Capital Territory of Delhi 97 9
Slide 51: Guidance
GUIDANCE GUIDANCE FOR ACHIVEMENTS PARAMETERS FY 24-25 (QTR Sep’2024) Business Growth 10-12% 7.07% Deposit Growth 8-10% 5.57% Advances Growth 14-15% 9.48% CASA 50%(+/- 1%) 48.93 RAM: Corporate Credit Ratio 65:35 (+/-5%) 72:28 NIM Above 3% 3.44% Gross NPA Below 4% 4.59% Net NPA Below 1% 0.69% PCR 95 –
Slide 52: Environment, Social and Governance
ENVIRONMENT, SOCIAL AND GOVERNANCE Environment Social Governance • The Bank identified 16 feasible sites out of 105 • One-Day Online Workshop on Climate Risk for • The Bank has been awarded “Iconic Brand of owned premises for Rooftop solar panel Banks was conducted by CAB, RBI and 13 India” by the E
Slide 53: Awards and Recognition
AWARDS AND RECOGNITION FY 24-25 (Q2)Analyst Presentation 52
Slide 54: Awards and Recognition
AWARDS AND RECOGNITION FY 24-25 (Q2)Analyst Presentation 53
Slide 55: Product Offering
PRODUCT OFFERING FY 24-25 (Q2)Analyst Presentation 54
Slide 56: Disclaimer
DISCLAIMER Certain statements in this presentation are forward looking statements which are based on management’s current expectations and estimations. Actual outcome may change due to some uncertainties, risk and various other factors. FY 24-25 (Q2)Analyst Presentation 55
Slide 57: Thank You
THANK YOU FY 24-25 (Q2)Analyst Presentation
Central Bank of India — Q2 FY2024-25 Earnings Presentation on 6ix