Performance Review H120002001 - PowerPoint PPT Presentation

Title: Performance Review H120002001


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Performance ReviewH1-2000-2001
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Contents

• Snapshot
• Retail Banking
• Corporate Banking
• Performance Indicators
• US GAAP

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H1-2000 Snapshot

• Net Profit up 59 YoY
• Net interest income up 154
• Cost of deposit lt 8
• Core Fee income doubles
• Customer accounts reach 1.2 mn (0.65 mn)
• NRI accounts cross 40,000 (23,400)
• ATMs cross 310 (175)

• Infinity accounts reach 2,66,000 (1,10,000)
• PPA relationships increase to 2500 (950)
• No. of credit cards reach 69000 (10,656)
• Corporate assets relationships reach 968 (852)
• CMS relationships reach 282 (254)

(Figures in brackets are as of 31st March 2000))
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H1- 2000 Snapshot (contd.)

• Higher infrastructure and new products
  expenditure for retail business
• Decline in Trading Income
• Cost to Income Ratio increases to 52
• Adverse Mark-to-market impact
• Higher loan loss provisioning

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Business Levels
Rs. million

• Savings deposits up by 207
• Composition of demand deposits increases due to
  retail thrust
• Retail deposits constitute 48 of total deposits
• Customer accounts increases to 1.26 mn from 0.65
  mn in March 2000

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Summary Ratios (Indian GAAP)
Not annualised
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Contents

• Snapshot
• Retail Banking
• Corporate Banking
• Performance Indicators
• US GAAP

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Growth in Customer accounts
1,245,000
637,000
95 growth
31.3..2000
30.09.2000
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Growth in Retail deposits
Rs. 46,840 mn
Rs. 30,570 mn
53 growth
31.3.2000
30.9.2000
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Share of Retail deposits in Total deposits
Retail Corporate
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Channel Growth
Branches
ATMs
Call Centre
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Growth in Registration for channels
Telephone banking
Mobile Banking
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New Product Launches
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NRI Services

• 1,600 Money2India remittances received for total
  value of USD 6.50 million
• 8,000 On line accounts opened
• Total NRI deposits

Rs. 5,380 mn
Rs.8,020 mn
31.03.2000
30.09.2000
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Other initiatives

• B2C initiatives
• 24 billers registered till date across 11 cities
• Tie up with 10 shopping malls
• Third party distribution
• 9 GOI Relief Bonds
• Mutual Funds on the Net - Tie up with 6 Mutual
  Funds

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Contents

• Snapshot
• Retail Banking
• Corporate Banking
• Performance Indicators
• US GAAP

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Initiatives taken

• Revised Loan Policy put in place.
• 90 of Incremental Assets rated A above.
• Rating Exercise
• All new accounts approved only after rating.
• 80 of asset Exposure re-rated under new rating
  model.
• Entire CMS Corporate treasury instruments
  relationships rated.
• Bankers to NSE.
• Capital Market Segment Launched.
• Institutional Group, SBG, and ABG created.
• Risk participation in L/Cs.
• Entry into all major oil refinery accounts

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Initiatives taken (contd.)

• Dividend warrant business added to suite of CMS
  services - 79 issues , value Rs.12,011 mn,
  average float Rs. 300 mn
• Roll out of Corporate related agricultural
  funding products - 4 corporates, 5000 borrowers,
  Rs. 550 mn exposure approved.
• Corporate Vendor/ Dealer funding products with
  12 corporates, 215 dealers, Rs. 130 crores
  exposures approved.
• Tie-up with 5 Vortals for B2B services.

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Incremental Market share in Assets
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Core Fee Income
Rs. million
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Assets Industry-wise - Top 10 Sept 30, 2000
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Contents

• Snapshot
• Retail Banking
• Corporate Banking
• Performance Indicators
• US GAAP

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Balance Sheet Liabilities
Rs. million
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Balance Sheet Assets
Rs. million
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H1 Operating Profit
Rs million

• Net interest income up by 155 (YoY)
• Core Fee income doubles
• Operating Profit up by 62

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H1 Profit Statement
Rs. million

• Net profit up by 59
• Operating Profit up by 62 YoY

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Q2 Operating Profit
Rs. million
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Q2 Profit Statement
Rs. million
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Interest Spread

• On advances
• Increasing exposures to higher rated corporates
  
• Increase in short-term loans based on tenor
  based PLR
• Increase in exposure under Multi Currency
  Credit
• Reduction in yield due to interest
  derecognition
• On deposits
• Increase in demand deposit composition

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Contents

• Snapshot
• Retail Banking
• Corporate Banking
• Performance Indicators
• US GAAP

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Income Statement US GAAP
Rs. million
Net income down due to MTM losses on Trading
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Reconciliation of net income - US GAAP
Rs. million
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Thank You