Performance Highlights – FY 2018-19
Performance Highlights – FY 2018-19
| Business Growth |
| v Total Business –Rs 4,04,195 Crores (Y-o-Y Growth – 13.68%)
v Total Advances Rs 1,71,549 Crores – (Y-o-Y Growth – 15.75%) v Total Deposits – Rs 2,32,645 Crores (Y-o-Y Growth – 12.20%)
|
| Profitability Parameters |
| v Annual Operating Profit increased by 1.37% i.e. from Rs 3703 crores during FY 18 to Rs 3753 crores during FY 19. Quarterly Operating Profit during Mar-19 Qtr increased by 5.22% to Rs 1055 Crores on sequential basis.
v Bank registered Net Annual Profit increased of Rs 55 crores during FY 19 as against net loss of Rs 5872 crores during FY 18. Quarterly Net Profit during Mar-19 increased by 39% to Rs 201.50 crores on sequential basis. |
| Key Performance Indicators of FY 2018-19 |
| v Increase in Total Recovery and Upgradation by 108% Y-o-Y basis to Rs 6597 crores.
v Reduction in Fresh Slippages from Rs 12429.34 Crores during FY 2017-18 to Rs 7066 crores during FY 2018-19. v Provisioning Coverage Ratio has increased from 64.07% as on Mar-18 to 75.84% as on Mar-19. v Credit Cost decreased from 6.07% in FY 2017-18 to 4.03% in FY 2018-19 due to containment of fresh slippage and improvement in Asset quality. v NIM has increased by 55 bps to 2.73% y-o-y basis v Yield on Advances increased by 50 bps to 8.23% Y-o-Y Basis v Cost of Funds improved by 15 bps to 4.92% on Y-o-Y Basis v Cost of Deposits decreased by 3 bps to 5.64% on Y-o-Y Basis
|
Growth in RAM Credit
v Retail Advances have increased by 41.62% from Rs 23,402 crores as on Mar-18 to Rs 33,141 crores as on Mar-19 on y-o-y basis. On sequential (Q-o-Q) basis the growth in Retail advances has been 7.30%.
v MSME Advances have increased by 12.63% from 28,031 crores as on Mar-18 to 31,572 crores as on Mar-19 on y-o-y growth basis. On sequential (Q-o-Q) basis the growth in MSME advances has been 7.68%.
v The share of RAM advances has increased from 50.62% as on Mar-18 to 54.94% as on Mar-19. On sequential (Q-o-Q) basis the share of advances has marginally decreased from 55.38% to 54.94%.
Recovery and Upgradation
v Net NPA of the Bank has decreased to 5.93% (Rs 9440 Crores) as on Mar-2019 as against 7.15% (Rs 9973 Crores) as on Dec-2018 and 10.48% (Rs 14282 Crores) as on Mar-2018.
v Fresh Slippages during March-2019 quarter are Rs 1491 Crores as against fresh slippages of Rs 3123 crores during March-2018 quarter. On annual basis fresh slippages have been contained at Rs 7066 crores during FY 2018-19 as against Rs 12429 crores during FY 2017-18.
v On y-o-y basis, total cash recovery and upgradation has increased by 108% i.e. from Rs 3161 crores to Rs 6597 crores. On sequential basis, total cash recovery and upgradation has increased by 44.24% from Rs 1266 crores in Dec-18 quarter to Rs 1827 crores in March-19 quarter.
Capital Adequacy Ratio vis-à-vis Regulatory Requirement
The Bank is well capitalized and has adequate capital of 12.73% as against minimum Regulatory requirement of 10.875%. During FY 2018-19, GoI has infused capital aggregating Rs 6686 crores in two tranches. Further the Bank has raised Rs 250 crores by way of Employee Stock Purchase Scheme during Mar-19 quarter.
The Bank has adequate Capital Adequacy as detailed under:
| Particulars | As on 31.03.2019 | Regulatory Requirement |
| CET1 + CCB | 9.86% | 7.375% |
| Tier I | 9.98% | 7.00% |
| Tier II | 2.75% | 2.00% |
| Total CRAR+CCB | 12.73% | 10.875% |
