111

Presentation

on Performance during

Q3 (2010 – 11)

22

HighlightsB

alan

ce S

heet

Business stands at ` 2.85 lakh Crore

Balance sheet size at ` 2.21 lakh Crore

Deposits at ` 1,50,239 Crore; growth 5.21%

CASA at 15.05% of total deposits

Advances at ` 1,34,491 Crore; growth 21%

Business per Employee ` 20.37 Crore

Profit per Employee ` 3.39 lakh (For the quarter)

33

HighlightsP

rofi

tabi

lity

NII – Q3 FY 11 at ` 1204 Crore (Q3 FY 10 ` 717 Crore)

NII – Q3 FY 11 up by 68%

Fee based income for Q3 FY 11 up by 2.53% to ` 359 Crore

(Q3 FY 10 ` 350 Crore)

PAT – Q3 FY 11 ` 454 Crore (Q3 FY 10 ` 287 Crore)

PAT for Q3 FY 11 up by 58%

44

Highlights O

ther

s Balance sheet growth at 9%

Total business [Dep. + Adv.] grew by 12% to ` 2,84,729

Crore

CRAR –14.10% (FY 10 –11.54%)

- Tier I : 8.84% <> Tier II: 5.26%

Branches increased to 771

ATMs increased to 1319

555

Profit & Loss Account(` in Crore)

Year EndedDec.10 Dec.09 Dec.10 Dec.09 Mar.10

Interest income 4712 4006 13576 11178 15261Interest expenses 3508 3289 10355 9684 13005Net Interest income 1204 717 3220 1494 2256Other Income 447 427 1408 1757 2302Total income 1651 1144 4628 3251 4558Operating Expenses 517 504 1637 1218 1831 - Employee Cost 166 197 742 488 773 - Other Operating Expenses 351 308 896 730 1058Operating Profit 1135 640 2991 2033 2726Provisions & contingencies 680 353 1857 1320 1695 - NPAs / Write offs 490 171 1124 325 723- Restructured Assets 66 22 115 553 599 - Others (Invt., Std Asset, etc) 96 53 355 262 360 - Tax 307 107 568 181 346 - Deferred Tax -278 0 -306 0 -333Profit After Tax 454 287 1134 713 1031

ParticularsQuarter Ended Nine Months Ended

666

Details of Other Income(` in Crore)

Year EndedDec.10 Dec.09 Dec.10 Dec.09 Mar.10

Commission, Excg & Brkg 292 298 1008 858 1225Profit on sale of investments 65 48 95 681 748Profit/(Loss) on revaluation of investment -12 -13 -24 -43 -52Profit on sale of Fixed Assets 0 -1 -1 -1 -1Profit on forex/derivatives 46 32 133 72 98Dividend from subsidiaries 0 0 33 18 18Recovery from written off cases 22 32 71 84 121Other misc income 34 31 92 88 144Total * 447 427 1408 1757 2302

* Fee Based Income 359 350 1219 991 1435

ParticularsQuarter Ended Nine Months Ended

777

Details of Operating Expenses (` in Crore)

Year EndedDec.10 Dec.09 Dec.10 Dec.09 Mar.10

Staff Cost 166 197 742 488 773Rent, taxes & lighting 59 45 150 116 178Printing & stationery 11 8 25 21 29Advertisement & Publicity 14 24 38 38 46Depreciation 48 20 98 59 91Postage, Telegram, Teleph., etc 18 15 38 41 64Repairs and maintenance 30 21 76 60 84Insurance 36 31 116 84 114Banking expenses 14 10 40 33 47Expenses for recovery of write off cases 1 1 4 3 4Outsourcing expenses 49 45 129 98 153Fee and other expenses for borrowing 6 46 21 56 74Other expenditure 65 41 160 120 173TOTAL 517 504 1637 1218 1831

ParticularsQuarter Ended Nine Months Ended

8

Key Profitability Indicators

Year EndedDec.10 Dec.09 Dec.10 Dec.09 Mar.10

Net Interest Margin (%) 2.28% 1.58% 2.11% 1.16% 1.27%Return on Assets (%) 0.83% 0.57% 0.68% 0.51% 0.53%Return on Equity (%) 14.87% 14.38% 14.30% 12.30% 13.14%Cost of all liabilities (%) 6.40% 6.57% 6.20% 6.87% 6.69%Yield on Total Assets (%) 9.41% 8.86% 8.97% 9.17% 9.03%Margin (%) 3.01% 2.29% 2.77% 2.31% 2.34%Cost of Funds (%) 7.11% 7.36% 6.82% 7.54% 7.35%Return on Earning Assets (%) 9.69% 9.04% 9.23% 9.42% 9.29%Spread (%) 2.58% 1.68% 2.41% 1.89% 1.94%Low cost funds to Total Funds (%) 15.05% 13.11% 15.05% 13.11% 14.59%Net NPA Ratio (%) 1.20% 1.40% 1.20% 1.40% 1.02%

ParticularsQuarter Ended Nine Months Ended

999

Key Operating Indicators

Year EndedDec.10 Dec.09 Dec.10 Dec.09 Mar.10

Non-interest income to Total Income 8.67% 9.64% 9.40% 13.58% 13.11%Efficiency [Cost- Net Income] Ratio 31.29% 44.05% 35.38% 37.47% 40.18%Staff Expenses to total income 3.21% 4.35% 4.95% 3.69% 4.31%Staff Expenses to total expenses 4.12% 5.09% 6.18% 4.37% 5.10%Overhead efficiency ratio 86.55% 198.66% 85.99% 144.25% 125.68%

ParticularsQuarter Ended Nine Months Ended

101010

Balance Sheet(` in Crore)

As at 31-Dec-10 31-Dec-09LIABILITIESCapital 985 725Reserve & Surplus 13403 9379[Net Worth] 12452 8127Deposits 150239 142798Borrowings 49612 43396Other Liabilities & provisions 6860 7014Total 221098 203311ASSETSCash & balance with RBI 11211 8899Bal. with banks & money at call 1649 4423Investments 66123 71488Advances 134491 111278Fixed Assets [incl leased assets] 3036 2980Other Assets 4588 4242Total 221098 203311

111111

Balance Sheet Ratios

31-Dec-10 31-Dec-09Total Business [Dep. + Adv.] 284729 254075Net NPAs to Net Advances 1.20% 1.40%SB Deposits to Total Deposits 7.71% 5.43%Current Account Deposits to Total Deposits 7.34% 7.67%Time Deposits to Total Deposits 84.95% 86.89%Book Value - ` 126.48 112.12Total Off B/Sheet item to Total Assets 59.97% 58.98%Owned Funds to total outside liabilities 6.23% 4.36%Tier One Capital 14931 10514Tier Two Capital 8874 7877Total Capital 23805 18391Total Risk Weighted Assets 168873 159303Total Risk Weighted Assets to Total Assets 76.38% 78.35%CRAR (Total) 14.10% 11.54%CRAR - Tier I 8.84% 6.60%CRAR - Tier II 5.26% 4.94%

(` in Crore)

121212

NPAsA

sset

Qua

lity

As at 31-Dec-2010 (` in Crore)

Gross Advances 135902Gross NPAs 3021Gross NPAs as % of Gross Advances 2.22Total Provisions held 1411Net Advances 134491Net NPAs 1610Net NPAs as % of Net Advances 1.20Provision Coverage Ratio 46.71Provision Coverage Ratio as per RBI Guidelines 75.61

1313

Capital Position

0%

2%

4%

6%

8%

10%

12%

14%

16%

Tier I Capital Tier II Capital Total CAR31-Dec-09 6.60% 4.94% 11.54%

31-Mar-10 6.24% 5.07% 11.31%

31-Dec-10 8.84% 5.26% 14.10%

6.60

%

4.94

%

11.5

4%

6.24

%

5.07

%

11.3

1%

8.84

%

5.26

%

14.1

0%

14

Thank You