Central Bank of India · NSE:CENTRALBK
Central Bank of India — FY2023 Earnings Presentation
53 slides from Central Bank of India's earnings presentation, Apr 29, 2023
Slide 1: Letter to stock exchanges on results presentation
क ीय कायालय Central Office CO:IRD:2023:24:58 29th April, 2023 National Stock Exchange of India Limited BSE Ltd. Exchange Plaza, Corporate Relationship Department Plot No.C/1, ‘G’ Block Phiroze Jeejeebhoy Towers Bandra-Kurla Complex Dalal Street, Fort Bandra (E), Mumbai-400 051 Mumbai 400001 Scrip co
Slide 2: Financial Result Analysis Quarter/Financial Year Ended 31st Mar'2023
Year of Renaissance Financial Result Analysis Quarter/Financial Year Ended 31st Mar’2023 Visit us at www.centralbankofindia.co.in https://youtube.com/c/CentralBankofIndiaOfficial https://www.instagram.com/centralbank_in https://in.linkedin.com/company/centralbankofindia http://twitter.com/centralban
Slide 3: Values That Set Us Apart
VALUES THAT SET US APART CONSISTENCY RESPONSIVENESS NURTURING LOYALTY POTENTIAL C E N T R A L ETHICAL TRANSPARENCY ACCOUNTABILITY STANDARDS 2
Slide 4: Strengths
STRENGTHS Strong Brand Strong Rural + Semi Image with Urban Presence with Legacy of 112+ Years 65% of Total Branches in RUSU Centers DEDICATED STAFF STRENGTH OF 30770 Best CASA base Pan India Presence @50.39% of with 18204 total deposits Customer Touch Points 3
Slide 5: Contents
CONTENTS Performance 01 Highlights 05-08 05 Investments 33-36 Financial 02 Performance 09-13 06 Digital Journey & FI 37-43 Assets Quality & 03 Capital Adequacy 14-20 07 Group Performance 44-46 Business 04 Performance 21-32 08 Other Information 47-52 4
Slide 6: Performance Highlights
PERFORMANCE HIGHLIGHTS
Slide 7: Key Highlights
KEY HIGHLIGHTS Total Business Total Deposit Gross Advances CASA RAM Net NPA % ₹ 577075Cr ₹ 577075 Cr ₹ 359296 Cr ₹ 217779 Cr ₹ 180312 Cr ₹ 144735 Cr 1.77% 8.39% 4.85% 14.79% 4.54% 15.79% 220 bps F.Y.’23 vis-a-vis F.Y.’22 Operating Profit Net Profit Net Interest Income NIM % ROA% ROE% ₹ 577075 Q4’23
Slide 8: Profitability – Sustained Growth
PROFITABILITY – SUSTAINED GROWTH NET PROFIT ₹ in Cr 51.39% 1582 1045 MAR'22 MAR'23 (FY) (FY) 14.08% 27.20% 64.16% 84.19% 571 458 318 310 279 250 235 206 JUN'21 JUN'22 SEP'21 SEP'22 DEC'21 DEC'22 MAR'22 MAR'23 7
Slide 9: Sustained Headline Numbers (Standalone basis)
SUSTAINED HEADLINE NUMBERS ( On Stand alone basis) Quarter Ended Growth Particulars Mar'22 Dec'22 Mar'23 (Q-o-Q) (Y-o-Y) Yield on Advances (%)* 6.54 7.95 8.65 70bps 211bps Yield on Investments (%) 5.45 6.36 6.43 7bps 98bps Yield on Funds (%)* 7.80 8.33 8.62 29bps 82bps Cost of Funds (%)* 3.91 3.94 4
Slide 10: Financial Performance
FINANCIAL PERFORMANCE
Slide 11: Financials at a Glance
FINANCIALS AT A GLANCE ₹ in Cr Quarter Ended Year Ended Particulars Mar'22 Dec'22 Mar'23 Q-o-Q (%) Y-o-Y(%) Mar'22 Mar'23 Y-o-Y(%) Total Interest 5788 6717 7144 6.36 23.43 22802 25542 12.02 Income Total Interest 3371 3432 3631 5.80 7.71 13315 13855 4.06 Expenses Net Interest 2417 3285 3513 6.94 45.3
Slide 12: Fee Based Income
FEE BASED INCOME ₹ in Cr Quarter Ended Year Ended Particulars Mar'22 Dec'22 Mar'23 Q-o-Q (%) Y-o-Y(%) Mar'22 Mar'23 Y-o-Y(%) Fee Based Income (i + ii + iii) 451 464 463 (0.22) 2.66 1425 1787 25.40 Commission Exchange & Brokerage (i) 97 103 94 (8.74) (3.09) 332 395 18.98 - Commission on LC/BG/DDs 52
Slide 13: Total Expenses
TOTAL EXPENSES ₹ in Cr Quarter Ended Year Ended Particulars Mar'22 Dec'22 Mar'23 Q-o-Q (%) Y-o-Y(%) Mar'22 Mar'23 Y-o-Y(%) Interest 3371 3432 3631 5.80 7.71 13315 13855 4.06 Expenses Interest Paid on 3230 3312 3502 5.74 8.42 12848 13388 4.20 Deposits Other Interests 141 120 129 7.50 (8.51) 467 467 -
Slide 14: Provisions
PROVISIONS ₹ in Cr Quarter Ended Year Ended Particulars Mar'22 Dec'22 Mar'23 Q-o-Q (%) Y-o-Y(%) Mar'22 Mar'23 Y-o-Y(%) NPAs 891 849 791 (6.83) (11.22) 2454 3534 44.01 Standard Assets (293) 179 378 111.17 (229.01) (222) 681 406.76 Depreciation/ Provisions on 357 (23) 73 417.39 (79.55) 653 215 (67.08)
Slide 15: Asset Quality & Capital Adequacy
ASSET QUALITY & CAPITAL ADEQUACY
Slide 16: Asset Quality Trend
ASSET QUALITY TREND 14.84 14.90 3.97 3.93 2.95 9.67 8.85 8.44 2.09 1.77 MAR'22 JUN'22 SEP'22 DEC'22 MAR'23 MAR'22 JUN'22 SEP'22 DEC'22 MAR'23 GROSS NPA % NET NPA % ₹ in Cr Particulars Mar'22 Jun'22 Sep'22 Dec'22 Mar’23 Gross Advances 189712 194648 197022 208921 217779 Net Advances 168173 172431 1833
Slide 17: NPA Movement
NPA MOVEMENT ₹ in Cr Particulars FY 21-22 Jun'22 Sep'22 Dec'22 Mar'23 FY 22-23 Opening Gross NPAs 29277 28156 29002 19059 18490 28156 Add: Slippage of PA to NPAs 4473 2040 777 636 1085 3361 Increase in Balance of 245 46 109 14 243 715 Existing NPAs Sub Total 4718 2086 886 650 1328 4076 Less: - - Up-
Slide 18: Sector-wise NPA Classification
SECTOR-WISE NPA CLASSIFICATION NPA Classification: Sector-Wise ₹ in Cr Mar23 Advances TOTAL NNPA TOTAL NNPA NNPA % Particulars Mar'22 Jun'22 Sep'22 Dec'22 Mar'23 (Mar'23) NNPA % 1798 4.62 Total NPA 28156 29002 19059 18490 18386 217779 3592 1.77 3.16 1164 Retail 2223 2324 1489 1492 1531 62726 546 0.8
Slide 19: Capital Ratios
CAPITAL RATIOS CAPITAL ADEQUACY RATIO* 13.76 14.12 13.84 2.01 1.84 2.36 12.11 11.92 11.48 MAR'22 DEC'22 MAR'23 CET-I Tier-II LEVERAGE RATIO* 4.71 4.73 4.25 MAR'22 DEC'22 MAR'23 * CRAR (BASEL III) and Leverage Ratio are arrived at after considering the NPV of non-interest bearing recapitalization bon
Slide 20: Restructured Book
RESTRUCTURED BOOK Standard Restructured Book ₹ in Cr Segment Mar'22 Jun'22 Sep'22 Dec'22 Mar'23 Corporate 954 842 891 933 905 MSME 680 646 650 630 560 Agriculture 203 188 193 186 183 Retail 408 391 379 360 348 TOTAL 2245 2067 2113 2109 1996 Standard Restructured - Covid-19 Resolution Framework Segme
Slide 21: Special Mention Accounts
SPECIAL MENTION ACCOUNTS ₹ in Cr Asset Quality – Mar'22 Asset Quality No. of A/Cs Above ₹ 5 Cr No. of A/Cs Up to ₹ 5 Cr No. of A/Cs Mar’22 % of Total Adv. SMA 0 30 1064 100823 4855 100853 5919 3.12 SMA 1 34 822 176780 7025 176814 7847 4.14 SMA 2 3 18 54394 1140 54397 1158 0.61 TOTAL 67 1904 331997 1
Slide 22: Business Performance
BUSINESS PERFORMANCE
Slide 23: Business Across the Board
BUSINESS ACROSS THE BOARD ₹ in Cr Y-o-Y PARTICULARS MAR’22 MAR’23 Growth % Total Business 532404 577075 8.39 Total Deposits (Including 342692 359296 4.85 Interbank Deposits) CASA Deposits 172480 180312 4.54 CASA % 50.58 50.39 (19)bps Total Advances 189712 217779 14.79 RAM 125000 144735 15.79 Corpora
Slide 24: Deposit Mix
DEPOSIT MIX ₹ in Cr PARTICULARS MAR’22 MAR’23 Y-o-Y Growth % Mar '22 Current 16515 17781 7.67 4.82% 0.48% Savings 155965 162531 4.21 Total CASA 45.51% 172480 180312 4.54 49.19% Deposits Mar '23 CASA % 50.58 50.39 (19)bps 0.40% 4.95% Core Time 168556 177528 5.32 Deposits Total Core 341036 357840 4.93
Slide 25: Credit Performance
CREDIT PERFORMANCE ₹ in Cr SECTOR MAR’22 MAR’23 Y-o-Y Growth % Mar'22 Retail 52226 62726 20.10 34.10% 27.53% Agriculture 38635 42110 8.99 RAM 65.89% MSME 34139 39899 16.87 18.00% 20.37% Mar'23 RAM 125000 144735 15.79 33.54% 28.80% Corporate 64712 73044 12.88 RAM 66.46% Retail Gross Advance 189712 21
Slide 26: Diversified Loan Book
DIVERSIFIED LOAN BOOK ₹ in Cr As on 31st Mar’23 SECTOR Amount 18% Housing Loan 38793 34% 1% Auto Loan 3248 2% RAM 2% Personal Loan 3644 66.46% 6% Education Loan 3625 19% Other Retail 13416 18% Total Retail 62726 Agriculture Loan 42110 MSME Credit 39899 Housing Loan Auto Loan Personal Loan Education
Slide 27: Retail Segment
RETAIL SEGMENT HOME LOAN AUTO LOAN EDUCATION LOAN PERSONAL LOAN OTHER ₹ in Cr ₹ 38793 ₹ 3248 ₹ 3625 ₹ 3644 ₹ 13416 61.83%% 5.19% 5.78% 5.81% 21.39% of Total Retail of Total Retail of Total Retail of Total Retail of Total Retail Advance Advance Advance Advance Advance Y-o-Y Growth Y-o-Y Growth Y-o-Y
Slide 28: Rated Standard Advances
RATED STANDARD ADVANCES Unrated 7.81% ₹ in Cr AAA BB and Below 8.54% 27.89% INVESTMENT GRADE WISE STANDARD Y-o-Y MAR’22 MAR’23 Mar'22 Government Guaranteed ADVANCES (%) Advances 12.93% (FUND BASED) AAA 14916 23564 57.98 BBB 11.63% AA 11277 15723 39.42 A AA 10.11% 21.09% A 5407 5791 71.02 BBB 6222 71
Slide 29: Sanctions & Outstanding
SANCTIONS & OUTSTANDING ₹ in Cr GROWTH GROWTH (%) (%) SANCTIONS SANCTIONS DISBURSEMENTS OUTSTANDING IN IN SANCTIONS DISBURSEMENTS SECTOR Sector (Amt.) (Amt.) No. of A/Cs Amt. No. of A/Cs Amt. Amt. No. of A/Cs Amt. No. of A/Cs Mar'22 Amt. Mar'23 Y-o-Y Mar'22 Mar'22 Mar'23 Mar’23 Mar'23 Y-o-Y Mar’22 M
Slide 30: Co-Lending
CO-LENDING ₹ in Cr SANCTIONS OUTSTANDING Sector Sector Dec’22 Dec'22 Mar’23 Mar'23 MAR’22 Mar'22 Mar23 Mar'23 OUTSTANDING As on As on Growth % Growth (FY)(FY) (FY) (FY) 31st Mar'23 In Sanctions Amount 31st Mar'23 No.No. of of A/Cs Amt. Amt. No. No. ofof A/Cs Amt. Amt. No. No. ofof A/Cs Amt. Amt. No.
Slide 31: Achievement Under Mandated Targets
ACHIEVEMENT UNDER MANDATED TARGETS TOTAL PRIORITY SECTOR ADVANCES @ 54.48% of ANBC against norm of 40% AGRICULTURE ADVANCES SURPASSED @ 21.98% of ANBC against norm of 18% THE MANDATED NORMS IN RESPECT OF WEAKER SECTOR @ 16.83% of ANBC against norm of 11.50% ADVANCES TO SMALL AND MARGINAL FARMERS @ 1
Slide 32: Covid-19 Credit Support
COVID -19 CREDIT SUPPORT ₹ in Cr ECLGS EXTENSION No. of Sanctions – 166644 ECLGS-1 Amt. Sanctioned – 3381.72 No. of Sanctions 11978 EXTENSION - 1 Amount Sanctioned 942.55 No. of Sanctions – 224 ECLGS-2 Amt. Sanctioned – 932.96 No. of Sanctions 133 EXTENSION - 2 Amount Sanctioned No. of Sanctions – 4
Slide 33: Other Major Ratios
OTHER MAJOR RATIOS PROVISION COVERAGE RATIO 91.72 92.48 89.20 86.61 86.69 SLIPPAGE RATIO MAR'22 JUN'22 SEP'22 DEC'22 MAR'23 1.47 1.45 1.29 0.95 NET INTEREST MARGIN (%) 0.88 0.70 0.54 0.37 4.07 4.24 3.26 3.44 2.88 4.10 3.77 3.41 JUN'21 JUN'22 SEP'21 SEP'22 DEC'21 DEC'22 MAR'22 MAR'23 3.04 2.88 MAR'22
Slide 34: Investments
INVESTMENTS
Slide 35: Investment Portfolio
INVESTMENT PORTFOLIO ₹ in Cr Particulars Mar’22 Mar’23 Mar'22 Mar'23 Govt. Securities 105842 103204 Other Approved - - 0.18% 2.06% 2.03% 0.47% 23.57% 0.03% 0.03% Shares 2987 2844 23.13% Debentures & Bonds 34597 32992 2.04% 1.99% Subsidiaries & Joint 258 670 Ventures Others 3028 2896 72.12% 72.35% To
Slide 36: Treasury Performance
TREASURY PERFORMANCE INTEREST ON INVESTMENT PROFIT ON SALE OF INVESTMENT ₹ in Cr 9264 8715 Particulars Mar’22 Mar’23 491 273 Aggregate Investment 146759 142653 Interest on Investment (₹ in Cr) 9264 8715 MAR'22 MAR'23 MAR'22 MAR'23 Yield on Investment % 6.27 6.26 Profit on Sale of Investments 491 273
Slide 37: Treasury Operations
TREASURY OPERATIONS ₹ in Cr TOTAL INVESTMENT BOOK MAR'22 MAR’23 AGGREGATE INVESTMENT 146759.26 142652.89 PORTFOLIO HTM AFS HFT HTM AFS HFT INVESTMENT 100804.07 45969.09 (13.90) 107010.73 35550.20 91.96 PERCENTAGE 68.69% 31.32% (0.01%) 75.01% 24.92% 0.07% TOTAL SLR 105841.66 103203.62 OF WHICH SLR 72
Slide 38: Digital Journey
DIGITAL JOURNEY
Slide 39: Leveraging Technology
LEVERAGING TECHNOLOGY Lead Generation Through Missed Call Customer feedback on branch level through SMS Personalised learning plan for employees on End to end digital the basis of scale, Direct Tax lending for MSME role and performance and CKCC Renewal Collection (TIN 2.0) Facility to apply BG and L
Slide 40: Digital Transactions & Customer Touch Points (1/2)
DIGITAL TRANSACTIONS & CUSTOMER TOUCH POINTS (1/2) Apr’21 to Mar’22 Apr’22 to Mar’23 UPI Debit Card (POS) 8.82% 1.90% 5.79% 5.39% 5.43% IMPS RTGS/NEFT 1.61% 5.78% 0.64% 2.50% 0.60% 0.72% Mobile Banking AEPS-BHIM- 70.15% 5.65% 0.64% AADHAR 78.38% 6.00% Internet Others Banking Share of Digital Txns Sh
Slide 41: Digital Transactions & Customer Touch Points (2/2)
DIGITAL TRANSACTIONS & CUSTOMER TOUCH POINTS (2/2) IMPS TRANSACTIONS UPI (Remitter + Beneficiary) 19882.66 1432.93 14249.51 1218.14 APR'21 - MAR'22 APR'22 - MAR'23 APR'21 - MAR'22 APR'22 - MAR'23 MOBILE BANKING INTERNET BANKING 163.14 152.82 130.54 146.41 APR'21 - MAR'22 APR'22 - MAR'23 APR'21 - MAR
Slide 42: Digital Initiatives in Progress
DIGITAL INTIATIVES IN PROGRESS Integrated Customer Care Modern Customer Care for Customer Digital Lending Platform (DLP) Services, Grievance Handling, Marketing & Sales etc. on variety of The DLP shall support lending in channels Call, Chat/Voice BoTs, IVR, Straight Through Process (STP), WhatsApp e
Slide 43: Product Offering
PRODUCT OFFERING W WHOLESALE D DIGITAL T TREASURY R RETAIL R RETAIL R RETAIL BANKING BANKING BANKING BANKING BANKING BANKING Commercial Banking Digital Products Product Segments Liability Products Assets Products Other Products/ Services Working Capital Debit Cards Foreign Exchange Saving Accounts H
Slide 44: Financial Inclusion
FINANCIAL INCLUSION S No. of Accounts (in Lakhs) Balance Outstanding (in Cr) o 5871.70 c 162.26 5333.95 5061.98 5003.00 158.44 4840.22 i P 153.77 149.37 a l M 146.18 J S D e c Y MAR'22 JUN'22 SEP'22 DEC'22 MAR'23 MAR'22 JUN'22 SEP'22 DEC'22 MAR'23 u r i t PMJJBY PMSBY APY y 21.22 68.40 20.03 65.67 1
Slide 45: Central Bank of India - Group
CENTRAL BANK OF INDIA - GROUP Subsidiaries ₹ in Cr Central Bank of India FY 2022-23 Particulars Cent Bank Home Finance Ltd. (Unaudited) Shareholding Mar’23 Mar’22 • Engaged into Housing Finance Activity • Presence in 11 States through 24 Branches Total Income 140.93 122.96 & 6 SPOKE locations Net Pr
Slide 46: Central Bank of India - Group
CENTRAL BANK OF INDIA - GROUP Group Position ₹ in Cr Particulars As on 31st Mar’23 As on 31st Mar’22 CAPITAL & LIABILITIES Capital 8681 8681 Reserves and Surplus 20536 18868 Minorities Interest 67 58 Share Application Money Pending Allotment - - Deposits 359775 343165 Borrowings 8334 7663 Other Liab
Slide 47: Central Bank of India - Group
CENTRAL BANK OF INDIA - GROUP Group Performance ₹ in Cr FY 2022-23 Particulars MAR’23 MAR’22 INCOME Interest and Dividend Earned 25657 22903 Other Income 4084 2968 Total 29741 25871 EXPENDITURE Interest Expended 13905 13361 Operating Expenses 8910 7277 Provisions and Contingencies 5317 4168 Total 28
Slide 48: Shareholding Pattern
SHAREHOLDING PATTERN Public As on 31st Mar’23 NRI 3.48% Banks & FI 0.05% 0.01% Insurance Cos. 2.62% Share Capital : ₹ 8680.94 FIIs 0.18% Cr Other Body Corp 0.18% Shares of Central Bank of Others 0.40% India are listed at BSE and NSE GOI 93.08% Equity Shares of Central Bank of India were part o
Slide 49: Pan India Branches Network
PAN INDIA BRANCHES NETWORK As on 31st Mar'23 1 2 Ladakh Jammu and Kashmir 1 15 1 Himachal Pradesh 3 55 Total Branches 4493 2 Chandigarh 4 11 Rural 1600 3 5 Punjab 137 Semi Urban 1330 5 4 6 Uttarakhand 41 Haryana 136 Urban 769 6 7 7 8 8 National Capital Territory of Delhi 97 Metro 794 15 9 Rajasthan
Slide 50: Guidance
GUIDANCE GUIDANCE FOR GUIDANCE FOR PARAMETERS FY 22-23 ACHIVEMENTS FY 23-24 Business Growth 8-10% 8.39% 10-12% Deposit Growth 5-7% 4.85% 8-10% Advances Growth 13 to 15% 14.79% 12-14% CASA More than 50% 50.39% More than 50% RAM: Corporate Credit Ratio 65:35 (+/-5%) 66.46% 65:35 (+/-5%) NIM More than
Slide 51: Environment, Social and Governance (1/2)
ENVIRONMENT, SOCIAL AND GOVERANCE (1/2) ESG As one of the esteemed and oldest bank of India, Central Bank of India realizes the importance of the impact of our business on environment and our stakeholders. To show its adherence to Environment Social and Governance (ESG) parameters, the organization
Slide 52: Environment, Social and Governance (2/2)
ENVIRONMENT, SOCIAL AND GOVERANCE (2/2) Environment Social Governance Bank has launched Green Fixed Deposits. Cent Grah Laxmi Scheme of our bank enables The Bank is committed towards conducting the Proceeds of which will be utilized towards women customers to own property. business and dealing
Slide 53: Thank You
THANK YOU