Key Summary of Business Performance (as on 31.03.2023)

Business

     Global Business increased by 11.72% (y.o.y) to Rs 20,41,764 cr as at Mar 2023 with Global Deposits at Rs 1179219 cr 8.54% (y.o.y) and Global Advance (gross) at Rs 862782 cr 16.41% (y.o.y).

 Domestic Deposit of the Bank stood at Rs 1094746 Cr as at Mar 2023 with growth of 6.52% (y.o.y).

     Domestic Advances (gross) of the Bank stood at Rs 817762 Cr as at Mar 2023 grew by 15.01% (y.o.y).

     Retail lending Portfolio increased 10.91% (y.o.y) to Rs 140051 Cr as at Mar 2023

o   Housing Loan Portfolio increased 14.27% y.o.y to Rs 84364 Cr

     Advances to Agriculture grew by 21.24% (y.o.y) to Rs. 213327 Cr as at Mar 2023.

Asset Quality

  Gross Non-Performing Assets (GNPA) ratio reduced to 5.35% as at Mar 2023 down from 5.89% as at Dec 2022, 7.51% as at Mar 2022.

     Net Non-Performing Assets (NNPA) ratio reduced to 1.73% as at Mar 2023 down from 1.96% as at Dec 2022, 2.65% as at Mar 2022.

     Provision Coverage Ratio (PCR) stood at 87.31% as at Mar 2023 against 86.32% as at Dec 2022, 84.17%

as at Mar 22.

Capital Adequacy

     CRAR stood at 16.68% as at Mar 2023 (16.72% as at Dec 2022). Out of which Tier-I is 13.78%

(13.68% as at Dec 2022), CET1 is 11.59% (11.45% as at Dec 2022) and Tier-II is 2.90% (3.04% as at Dec 2022)

     Bank successfully raised capital during FY23 through:

AT-1 Bonds     : Rs.4000 Cr

Tier II Bonds   : Rs.2000 Cr

Priority Sector & Financial Inclusion

     The Bank has achieved Targets in Priority Sector at 49.23% and Agricultural Credit at 22.80% of ANBC as at Mar 2023, as against the norm of 40% and 18% respectively.

     Credit to Small and Marginal Farmers stood at 17.44% of ANBC, against the norm of 9.50%.

     Credit to Weaker Sections stood at 23.50% of ANBC, against the norm of 11.50%.

     Credit to Micro Enterprises stood at 10.34% of ANBC, against the norm of 7.50%.

     Credit to Non Corporate Farmers stood at 19.21% of ANBC, against the norm of 13.78%.

Network

     As on 31.03.2023, the Bank has 9706 Number of Branches, out of which 3048 are Rural, 2742 Semi- Urban, 1991 Urban & 1925 Metro along with 10726 ATMs. Bank is also having 3 Overseas Branches

in London, New York and Dubai.