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8/17/2019 3-Final SIB Investor Presentation - Q1-FY16 (June 2015
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Experience Next Generation Banking
Investor Presentation
June 2015
Q1 - FY16
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Experience Next Generation Banking
IMPORTANT NOTICE No representation or warranty, express or implied is made as to, and no reliance should be placed on, the
fairness, accuracy, completeness or correctness of such information or opinions contained herein. The information
contained in this presentation is only current as of its date. Certain statements made in this presentation may not be
based on historical information or facts and may be “forward looking statements”, including those relating to the
Company‟s general business plans and strategy, its future financial condition and growth prospects, and future
developments in its industry and its competitive and regulatory environment. Actual results may differ materially fromthese forward-looking statements due to a number of factors, including future changes or developments in the
Company‟s business, its competitive environment and political, economic, legal and social conditions in India. This
communication is for general information purpose only, without regard to specific objectives, financial situations and
needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for
any shares in the Company and neither any part of it shall form the basis of or be relied upon in connection with any
contract or commitment whatsoever. The Company may alter, modify or otherwise change in any manner the content
of this presentation, without obligation to notify any person of such revision or changes. This presentation can not be
copied and/or disseminated in any manner.
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Experience Next Generation Banking
Strategy: Way Forward
• Strengthening long-term franchise value with focus on Retail and SMEsegments
– Housing loans - key focus segment with centralized processing and
faster approvals
– Creating SME hubs focused on serving the needs of SME clientele
• Focused on improving asset quality
– Special cell focused on recovery from NPA accounts
– Cleaned books through sale of stressed assets to Asset Reconstruction
Companies (ARCs)
•Strengthening deposit franchise – Improvement in core deposits
– CASA continues to and is expected to improve with concerted efforts at
branch level
• Customer focused technology initiatives
– Increase in internet, mobile and debit card transactions 3
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Experience Next Generation Banking
Item Q1 - FY16 Q1 - FY15 Y-o-Y Q4 - FY15 Q-o-Q
Net Interest Income 3,40.3 340.9 (0.2%) 347.1 (1.9%)
Other Income 1,03.8 121.2 (14.3%) 121.9 (14.8%)
Profit After Tax 65.3 126.7 (48.5%) 16.3 300.5%
Advances 38,243.0 34,255.4 11.6% 37,392.0 2.3%
Deposits 52,323.8 46,489.2 12.6% 51,912.0 0.8%
GNPA 713.8 517.3 38.0% 643.4 10.9%
NNPA 464.0 310.5 49.4% 357.0 30.0%
NIM 2.54% 2.72% (6.7%) 2.70% (5.9%)
CASA 22.28% 22.07% 0.9% 20.59% 8.2%
4
Key Performance Highlights – Q1-FY16
Rs. Crore
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Experience Next Generation Banking
Financial performance
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Experience Next Generation Banking
Rs. CroreBalance Sheet Overview
Q1-FY16 Q1-FY15 Y-o-Y (%) Q4-FY15 Q-o-Q (%)
Capital & Liabilities
Capital 135 135 0.3% 135 0.0%
Reserves and Surplus 3,520 3,349 5.1% 3,454 1.9%
Deposits 52,324 46,489 12.6% 51,912 0.8%
Borrowings 1,660 2,641 (37.1%) 2,232 (25.6%)Other Liabilities & Provisions 1,301 1,263 3.0% 1,383 (5.9%)
Total 58,940 53,877 9.4% 59,116 (0.3%)
Assets
Cash & Balances with RBI 2,417 2,260 6.9% 2,442 (1.0%)
Balances with Banks 825 1,709 (51.7%) 1,154 (28.5%)
Investments 15,994 14,361 11.4% 16,717 (4.3%)
Advances 38,243 34,255 11.6% 37,392 2.3%Fixed Assets 478 465 2.8% 479 (0.1%)
Other Assets 983 826 19.0% 932 5.5%
Total 58,940 53,877 9.4% 59,116 (0.3%)
Business (Advances + Deposits) 90,567 80,745 12.2% 89,304 1.4%
Current Accounts 2,034 1,879 8.2% 1,818 11.9%
Savings Accounts 9,622 8,382 14.8% 8,868 8.5%CASA Ratio 22.3% 21.2% 20.6% 6
Financial Highlights – As at June 2015
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Experience Next Generation Banking
Rs. Crore
Profit and Loss Account
Q1-FY16 Q1-FY15 Y-o-Y (%) Q4-FY15 Q-o-Q (%)
Net Interest Income 340 341 (0.2%) 347 (1.9%)
Other Income 104 121 (14.3%) 122 (14.9%)
Total Income 444 462 (3.9%) 469 (5.3%)
Operating Expenses 263 241 9.2% 304 (13.4%)
Operating Profit 181 221 (18.1%) 165 9.6%
Provisions (Ex-Tax) & Contingencies 80 95 (16.0%) 138 (42.4%)
Profit Before Tax 101 126 (19.7%) 27 275.5%
Provision for Tax 36 43 (16.2%) 11 228.1%
Exceptional Items - (43) N/A - N/A
Profit After Tax 65 127 (48.5%) 16 308.0%
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Financial Highlights – As at June 2015
• Other income was driven by strong contribution from transaction fees despite the decrease from
treasury
• Provisions decreased mainly due to the reduction in loan loss provisions
• In Q1-FY15, exceptional item refers to reversal of excess depreciation charged till March 31, 2014
(net of taxes) due to change in depreciation method from WDV to SLM
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Experience Next Generation Banking Experience Next Generation Banking
8
Key Metrics – Quarterly
ParticularsFY14 FY15 FY16
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Net Interest Margin (NIM) (%) 2.93 3.03 3.02 3.02 2.72 2.80 2.70 2.70 2.54
CRAR Basel II (%) 13.66 13.16 12.35 12.53 12.32 12.35 11.57 12.06 11.49
RoAA (Annualized) (%) 0.94 0.97 1.02 1.00 0.93 0.75 0.71 0.56 0.45
Provision Coverage (%) 57.95 53.56 55.73 62.71 62.50 62.91 60.41 60.63 56.13
CASA (%) 20.58 21.33 21.16 20.69 22.07 22.09 21.51 20.59 22.28
Gross NPA (%) 1.57 1.92 1.66 1.19 1.50 1.55 1.80 1.71 1.85
Net NPA (%) 1.12 1.39 1.18 0.78 0.91 0.90 1.04 0.96 1.21
Book Value per Share (Rs.) 23.27 24.20 25.13 25.06 25.88 26.47 27.10 26.59 27.07
Earnings per Share (Rs.) 3.41 3.59 3.79 3.78 3.78 3.01 2.87 2.28 1.94
Branches
- Kerala 409 422 434 436 439 440 441 444 447
- South India (Ex-Kerala) 213 220 227 227 228 230 231 236 239
- Rest of India 119 121 128 131 134 135 138 142 142
Total Branches 741 763 789 794 801 805 810 822 828
ATMs
- Kerala 475 492 512 552 565 587 607 651 670
- South India (Ex-Kerala) 230 250 265 293 295 311 323 362 374
- Rest of India 125 130 137 155 158 165 178 187 200Total ATMs 830 872 914 1,000 1,018 1,063 1,108 1,200 1,244
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9,400
10,252
10,745
11,393
12,193
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
22.122.1
21.5 20.622.3
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
Breakup of Deposits CASA Ratio
NRI Deposits
25,668 27,05228,456 29,968
31,517
8,3828,456
8,5988,868
9,6221,879
1,859 1,826
1,818
2,03410,560 9,326
9,579
11,2589,151
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
Term Savings Current Others*
*Others includes: Bulk, Certificates of Deposits
Rs. Crore
9
Deposits
(%) Rs. Crore
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Experience Next Generation Banking
Core & Non-Core Deposits
CASA Deposits
Rs. Crore
10
Deposits
Rs. Crore
2 0 %
Core Deposit Non-Core Deposit Total Deposit
June-15 June-15 June-15
June-14 June-14 June-14
35,929
43,173
10,560
9,151
46,489
52,324
1 3 %
1 3 %
Current Deposit Savings Deposit Total CASA
June-15 June-15 June-15
June-14 June-14 June-14
1,879
2,034
8,382
9,622
10,261
11,656 • Improved
CASA by 14%
through
concerted
efforts at the
branch level
• Strengthening
core deposit
franchise for
long-term
growth
8 %
1 5 %
1 4 %
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34,692
35,871
36,998
37,978
38,820
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
10,215 10,309
9,8339,657
9,369
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
R
7,388
7,799
8,374
8,811
8,218
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
Retail SME Aggregate Loan Book
3,1273,407
3,7394,077
4,917
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
A
13,96214,356
15,05215,433
16,317
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
Agriculture Corporate
Rs. Crore
Advances: Composition of Loan Book
Rs. Crore Rs. Crore
Rs. Crore Rs. Crore
11
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Experience Next Generation Banking
Shifting focus from Gold Loan to Retail, SME, and Agriculture
12
Gold Loan Portfolio
1,127
614
782
434337
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
Retail SME
Agriculture Aggregate Gold Loan Portfolio
Rs. Crore Rs. Crore
5,9055,706
5,1474,591
4,268
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
1,3371,428
1,5081,672
1,928
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
3,4413,665
2,857
2,485
2,003
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
Rs. Crore Rs. Crore
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Experience Next Generation Banking
Kerala South Ex-Kerala Rest of India
13
Advances: Geography wise split
11,621
12,435
12,880
13,741
14,270
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
13,42113,530 13,542
12,769 12,682
Jun-14 Se t-14 Dec-14 Mar-15 Jun-15
9,6589,892
10,549
11,444
11,899
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
Rs. Crore Rs. Crore Rs. Crore
Kerala franchise providing a very strong base with growth in advances led by expansion into other
geographies, both in South India (ex-Kerala) and Rest of India
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Experience Next Generation Banking
127
7688
16
65
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
2.72
2.80
2.70 2.70
2.54
Jun-14 Se t-14 Dec-14 Mar-15 Jun-15
341
358
320
347340
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
Net Total Income Net Interest Income
Net Profit Net Interest Margin
Rs. Crore
14
Income & Profit - Quarterly
Rs. Crore Rs. Crore
(%)
462452
480469
444
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
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121
94
160
122
104
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
Rs. Crore
Other Income Breakup Other Income
Key Initiatives
• Enhancing treasury income
• Targeting end-to-end SME business potential
• Strengthening retail presence
• Focus on NRI remittances and currency
conversion
• Integrating both domestic and forex treasury
15
Other Income
Q1-FY16 Q1-FY15
Y-o-Y
(%) Q4-FY15
Q-o-Q
(%)
Transaction 51.9 38.5 34.8% 50.1 3.7%
Investment 14.1 45.8 (69.2%) 27.7 (49.0)
Technology 20.5 20.8 (1.4%) 22.2 (7.8%)
ForEx 8.7 7.1 21.9% 11.7 (25.8%)
Other* 8.7 9.0 (3.7%) 10.2 (15.4%)
Total
OtherIncome 103.9 121.2 (14.3%) 121.9 (14.8%)
*Other includes IT, Bullion, etc.
Rs. Crore
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Break-up of Provisions
Particulars Q1-FY16 Q1-FY15 Q4-FY15
For NPA & NPI 41.22 87.12 59.65
For Depreciation on Investments 20.33 5.02 6.88
For Standard Assets 9.43 (5.65) 10.64
For Restructured Advances/Sacrifices & FITL 6.72 2.65 46.67
For Unhedged Forex Exposure (1.08) 5.55 3.11
Others 2.89 (0.06) 10.79
Taxes 36.08 43.05 10.92
Total Provisions 115.58 137.68 148.66
Rs. Crore
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8.04 7.95 7.97 7.997.85
12.0511.96 11.79 11.74
11.49
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
Cost of Deposits
Yield on Advances
11.5
11.010.9
10.8
11.5
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
101.5
99.6 99.698.8
106.5
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
52.18 52.7553.29 52.66
59.28
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
Yields on Advances & Deposits C/I Ratio
Business per Employee Business per Branch
17
Operating Efficiency
Rs. Crore Rs. Crore
(%) (%)
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Experience Next Generation Banking Experience Next Generation Banking
Net NPA
0.91% 0.90%1.04%
0.96%
1.21%
June-14 Sept-14 Dec-14 Mar-15 June-15
Gross NPA
1.50%1.55%
1.80%
1.71%
1.85%
June-14 Sept-14 Dec-14 Mar-15 June-15
18
Non-Performing Assets
Particulars Amount (Rs. Crore)
Opening Balance
April 1, 2015
643.45
Additions during the quarter 175.27
Deductions 104.89
Closing Balance
June 30, 2015
713.83
Net NPAGross NPA
Particulars Amount (Rs. Crore)
Opening Balance
April 1, 2015
357.05
Additions during the quarter 146.11
Deductions 39.18
Closing Balance
June 30, 2015
463.98
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Experience Next Generation Banking Experience Next Generation Banking
Movement in Restructured Accounts
19
Restructured Assets
1,524
1,879 1,9382,068 2,170
June-14 Sept-14 Dec-14 Mar-15 June-15
Rs. Crore
Restructured Assets
Particulars March – 15
Balance
June – 15
Balance
Opening 1,938 2,068
Fresh Additions 153 107
Increase in balance under
existing Restructured
Account
19 38
Upgradation to Standard
Category
0 (35)
Closure including Write-
Off
(39) 0
Decrease in Restructured
Account Balance
(5) (8)
Closing 2,068 2,170
NPA Provisioning
Rs. Crore
Rs. Crore
Particulars Amount
Opening Balance – April 1, 2015 259.76
Additions during the quarter 43.69
Deductions 77.84
Closing Balance – June 30, 2015 225.61
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20
Restructured Breakup and NPA Initiatives
Power 45%
ConstructionEPC
29%
Pharma6%
Others*20%
Sector Standard Restructure - Q1FY16
Standard Restructured Advances
*Other includes IT, Bullion, etc.
NPA management initiatives
• Special Recovery Cell headed by DGM and
staffed by legal team
– Collection efforts for large ticket NPAs –
responsible for multiple recoveries over
past 6 months
– Monitoring of restructured loan portfolio
• Large Asset Monitoring Cell in head office
• Defocusing from power and infrastructure
sectors
• Granularise Exposure / Spread out risk
• Shift in focus from large corporates to midand small enterprises
– Sole banker or consortium lead as against
one bank in a large consortium, leading
to better control
Restructured Asset Breakup Rs. Crore
Particulars June-
14
Sept-
14
Dec-
14
Mar-
15
June-
15
Restructured Std.
Advance
1,401 1,748 1,763 1,882 1,975
Restructured
NPA
123 131 175 186 195
Total
Restructured
Assets
1,524 1,879 1,938 2,068 2,170
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BASEL III
(Q1-FY16)
CRAR Tier I CRAR Tier II
10.0 1.4
10.8 10.810.1
10.5
10.1
1.6 1.5 1.5 1.6 1.4
June-14 Sept-14 Dec-14 Mar-15 June-15
CRAR Tier I CRAR Tier II
10.8 10.7
10.0
10.5
10.0
1.6 1.4 1.4 1.6 1.4
June-14 Sept-14 Dec-14 Mar-15 June-15
CRAR Tier I CRAR Tier II
BASEL II
(Q1-FY16)
CRAR Tier I CRAR Tier II
10.1 1.4
21
Core Capital
(%) (%)
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0.93
0.75 0.71
0.560.45
June-14 Sept-14 Dec-14 Mar-15 June-15
3.75
2.982.85
2.27
1.93
June-14 Sept-14 Dec-14 Mar-15 June-15
25.8826.47
27.1026.59
27.07
June-14 Sept-14 Dec-14 Mar-15 June-15
Diluted Earnings per Share Book Value per Share
Return on Assets Return on Equity
14.59
11.35 10.558.56
7.17
June-14 Sept-14 Dec-14 Mar-15 June-15
22
Returns to Stakeholders
Rs. Rs.
(%) (%)
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Business Focus: Retail
Rs. Crore
Retail Breakup
132
227
302 298
190
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
913
1,374 1,3451,499
987
Jun-14 Se t-14 Dec-14 Mar-15 Jun-15
Rs. Crore
Sanctioned Housing Loans
Number of Home Loans
Housing: Key Initiatives
• Special retail hub in
Cochin to increase focus
on housing finance
• Two more hubs to be set
up –
one in South Indiaand one in North India
• Branch staff being given
specific training to
market mortgage loans
• Marketing initiative
through TVCs• Tailor made products for
different segments
*LAD = Loan against deposits
1,608 1,722 1,9152,106 2,241
3,4413,665
2,857 2,485 2,003
1,7501,607
1,6201,580
1,540
1,966 1,798
1,7911,726
1,733
761 787
847926
941
689 730
803834
910
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15Housing Gold
Manufacturing Service & TradersLAD* Others
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Loan Book by Geography – Q1-FY16
• Dedicated GM appointed to ensure focus and
better coordination with regions• Focused „Green Channel‟ branches to drive faster
loan growth to SMEs
• Target to become banker of choice to SMEs
thereby getting other business as well –
liabilities, vehicle finance, etc.
• Ongoing training (in-house as well as external)
SME Highlights
Business Focus: SME
Average SME Loan / Account
8.5
9.2
10.5
12.5
13.7
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
Rs. Lakhs
Kerala46%
South (Ex-Kerala)
32%
Rest of India22%
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Experience Next Generation Banking Experience Next Generation Banking
SME Slippage
Retail Slippage
Slippage
• Fresh Slippage / Advances ratio is extremely
low across Retail, SME, and Agriculture loan book
• Transition to centralized processing and
diligent approval processes underscores
continued lending focus in these areas
25
Fresh Slippages / Advances Ratios
0.17%
0.11%
0.14%0.12%
0.19%
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
Agriculture Slippage
0.03% 0.05%0.04%
0.26%0.21%
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
0.46%
0.52%
0.38%0.43%
0.55%
Jun-14 Sept-14 Dec-14 Mar-15 Jun-15
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Experience Next Generation Banking
Updates
• SIB Mirror is a mobile-led platform with instant
account access, balance retrieval, immediate
fund transfers, all account intimations, and much
more
• SIB-er Net – Suite of comprehensive internet
banking services positioning SIB as atechnology-driven bank offering superior
services to retail customers
• Retail branches now interconnected with single-
window service and providing real-time
online, real-time transactions to customers
• SIB offers Visa, MasterCard, and RuPay debit
cards with online access to users for securedomestic and international transactions
• Centralized Processing Center allows enhanced
risk management and customer creation with
complete KYC compliance and fraud prevention
tools
26
Technology Initiatives
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Experience Next Generation Banking
Active Internet Users
13 17 24
33 4155
74
138
135
Q 1 -
Q 2 -
Q 3 -
Q 4 -
Q 1 -
Q 2 -
Q 3 -
Q 4 -
Q 1 -
(000)’s
Mobile Transaction Volume
(000)’s
Personal Banking: Technology Banking
Internet Transaction Volume
277327 345 364
390453 481
556
866
Q 1 -
Q 2 -
Q 3 -
Q 4 -
Q 1 -
Q 2 -
Q 3 -
Q 4 -
Q 1 -
(000)’sInternet Transaction Value
609814 810 894
1,1731,4091,467
1,887
2,356
Q 1 -
Q 2 -
Q 3 -
Q 4 -
Q 1 -
Q 2 -
Q 3 -
Q 4 -
Q 1 -
Rs. Crore
Mobile Transaction Value
2 2 511
1728
35
50
74
Q 1 -
F Y 1 4
Q 2 -
F Y 1 4
Q 3 -
F Y 1 4
Q 4 -
F Y 1 4
Q 1 -
F Y 1 5
Q 2 -
F Y 1 5
Q 3 -
F Y 1 5
Q 4 -
F Y 1 5
Q 1 -
F Y 1 6
78 84 90113
147177
210265
342
Q 1 -
F Y 1 4
Q 2 -
F Y 1 4
Q 3 -
F Y 1 4
Q 4 -
F Y 1 4
Q 1 -
F Y 1 5
Q 2 -
F Y 1 5
Q 3 -
F Y 1 5
Q 4 -
F Y 1 5
Q 1 -
F Y 1 6
Rs. Crore
27
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Experience Next Generation Banking
1.81.9
2.12.2 2.3
2.42.5
2.7
2.5
Q 1 -
F Y 1 4
Q 2 -
F Y 1 4
Q 3 -
F Y 1 4
Q 4 -
F Y 1 4
Q 1 -
F Y 1 5
Q 2 -
F Y 1 5
Q 3 -
F Y 1 5
Q 4 -
F Y 1 5
Q 1 -
F Y 1 5
millions
28
Personal Banking: Debit Cards
19.8
21.5
23.023.7 23.6
25.2
23.6
26.226.8
Q 1 -
F Y 1 4
Q 2 -
F Y 1 4
Q 3 -
F Y 1 4
Q 4 -
F Y 1 4
Q 1 -
F Y 1 5
Q 2 -
F Y 1 5
Q 3 -
F Y 1 5
Q 4 -
F Y 1 5
Q 1 -
F Y 1 6
millions
3,2353,514
3,7163,886
4,1874,389
4,0814,518
4,806
Q 1 -
F Y 1 4
Q 2 -
F Y 1 4
Q 3 -
F Y 1 4
Q 4 -
F Y 1 4
Q 1 -
F Y 1 5
Q 2 -
F Y 1 5
Q 3 -
F Y 1 5
Q 4 -
F Y 1 5
Q 1 -
F Y 1 6
Rs. Crore
# of Active Debit Cards Debit Card Transaction Volumes
Debit Card Transaction Value
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Experience Next Generation Banking
Location
No. of
Branches
Kerala 447
South India
(Ex-Kerala) 239
Rest of India 142
Total 828
631688
738794 822 828
FY11 FY12 FY13 FY14 FY15 Q1-FY16
490
663
800
1,000
1,200 1,244
FY11 FY12 FY13 FY14 FY15 Q1-FY16
Total Branch Network
Total ATM Network
29
ATM : Branch Network ratio above 1.0x
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Experience Next Generation Banking
30
Employees
10 Years22.5%
Employee* Tenure Breakdown Highlights
• Strong employee presence in the South with
great brand helping to attract and retain
quality talent
• High enthusiasm and satisfaction among
employees, leading to very low attrition
levels – many employees have been at SIB
for greater than 5 years
• Recent hires are positioned to grow through
the ranks at SIB and increasingly into retail
positions in an effort to drive growth and
expansion
Total Employees: 7,137
*Employees include full-time officers and clerks.
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Experience Next Generation Banking
Board of Directors Key Management
31
Management Profile
Name Designation
Mr. Amitabha Guha Chairman
Mr. V.G. Mathew Managing Director
& CEO
Mr. Mohan E. Alapatt Independent Director
Mr. K. Thomas Jacob Independent Director
Dr. John Joseph Alapatt Independent Director
Mr. Francis Alapatt Independent Director
Mr. Salim Gangadharan Independent Director
Mr. Cheryan Varkey Non Executive
Director Mrs. Ranjana Salgaocar Independent Director
Mr. Parayil George John Tharakan Independent Director
Name Designation
Mr. V.G. Mathew Managing Director
& CEO
Mr. Joseph George Kavalam Senior Vice President
(Administration)
Mr. A.G. Varughese Senior Vice President(Operations)
Mr. Thomas Joseph K Chief General Manager
Mr. C.P. Gireesh Chief Financial Officer
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Experience Next Generation Banking
Ownership Profile
32
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Experience Next Generation Banking
33
Shareholding Breakup
SL Name of the Group %
1 Acacia Partners 4.99
2 First Carlyle Ventures Mauritius 4.93
3 ICICI Prudential Fund 4.65
4 Pabrai Investment Fund 4.44
5 Life Insurance Corporation of India 4.42
6 Deutsche Securities Mauritius Limited 4.11
7 Kotak Fund 3.72
8 Yusuffali Musaliam Veettil Abdul Kader 3.70
9 CX Securities Limited 3.32
10 GKFF Ventures 3.21
FII40.5%
Public35.9%
Corp andBanks11.9%
Domestic5.6%
NRI6.0%
Ownership Profile Major Shareholders Group
Strong Institutional Ownership
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Experience Next Generation Banking
Strategic Initiative DescriptionExpand retail
business
• Specific focus on retail loan products like housing loans, vehicle loans
• Specialized green channel branches for faster processing of retail loans
• Dedicated retail loan hub at Cochin; to be replicated across the country
• Significant focus on continuous training of work force
• Focus on technology initiatives such as mobile and internet banking
• Investment in brand building – Mammootty as Brand Ambassador
Strengthen SME
relationships
• Cluster based approach targeting SMEs in industry hubs
• Be the banker of choice for SME clients across advances, liabilities, services
• Dedicated GM to coordinate SME banking initiatives across regions
Enhance asset
quality
• Special recovery cell for monitoring non performing and restructured assets
• Cautious approach on large corporate lending; Granularize loan portfolio to spread out
risk
CASA improvement • Central processing unit for liability booking to ease load on branches
• Specific targets and initiatives for CASA
Enhance operating
efficiency
• Optimize business per branch through centralized support services in account opening,
retail loan processing, etc.
Improve share of
other income
• Focus on treasury, exchange and other services for SME, retail and NRI clients
• Enhance treasury capabilities and increase bench strength
• Expand POS/ATM network 34
Key Strategic Initiatives
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Experience Next Generation Banking
10-Year Financial Performance
35
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Experience Next Generation Banking
Balance Sheet FY15 FY14 FY13 FY12 FY11 FY10 FY09 FY08 FY07 FY06 FY05
CAGR
‘05-‘15
(%)
Capital & Liabilities
Capital 135 134 134 113 113 113 113 90 70 70 48 10.89
Reserves and Surplus 3,454 3,234 2,870 2,054 1,732 1,372 1,191 1,071 654 570 408 23.81
Deposits 51,912 47,491 44,262 36,501 29,721 23,012 18,092 15,156 12,239 9,579 8,492 19.85Borrowings 2,232 2,731 1,285 588 290 331 257 28 33 1 4 88.22
Other Liabs. &
Provisions 1,383 1,396 1,245 1,114 964 707 730 745 657 607 526 10.15
Total 59,116 54,986 49,795 40,370 32,820 25,534 20,384 17,090 13,653 10,827 9,478 20.09
Assets
Cash & Balances with
RBI 2,442 2,201 1,697 1,572 1,828 1,391 998 974 700 546 433 18.88Balances with Banks 1,154 1,017 2,639 1,069 638 597 1,038 729 1,246 797 268 15.72
Investments 16,717 14,352 12,523 9,400 8,924 7,156 6,075 4,572 3,430 2,739 3,133 18.23
Advances 37,392 36,230 31,816 27,281 20,489 15,823 11,852 10,454 7,919 6,370 5,365 21.43
Fixed Assets 479 412 396 378 357 153 136 113 90 90 78 19.90
Other Assets 932 774 724 671 585 415 284 249 268 285 200 16.64
Total 59,116 54,986 49,795 40,370 32,820 25,534 20,384 17,090 13,653 10,827 9,478 20.09
Business
(Advances + Deposits) 89,304 83,721 76,078 63,781 50,210 38,834 29,944 25,610 20,158 15,949 13,858 20.48 36
10-Year Balance Sheet
Rs. Crore
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Experience Next Generation Banking
FY15 FY14 FY13 FY12 FY11 FY10 FY09 FY08 FY07 FY06 FY05
CAGR
‘05-‘15
(%)
Net Interest Income 1,366 1,399 1,281 1,022 791 568 523 376 368 310 257 21.42%
Other Income 497 368 335 247 197 208 164 143 103 72 102 4.62%
Total Income 1,863 1,767 1,616 1,269 988 777 687 519 471 382 359 15.04%
Operating Expenses 1,047 883 767 617 463 366 328 245 219 226 187 16.40%Operating Profit 816 884 849 652 525 411 359 273 252 156 172 13.84%
Provisions &
Contingencies 414 155 161 79 80 43 57 39 105 87 158 3.52%
Profit Before Tax 402 729 688 572 446 367 301 234 146 69 14 18.64%
Provision for Tax 138 221 154 171 153 134 107 80 42 18 5 16.61%
Exceptional Items -43 - 31.72 - - - - 2.70 - - - -
Profit After Tax 307 508 502 402 293 234 195 152 104 51 9 19.66%
37
10-Year P&L
Rs. Crore
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Experience Next Generation Banking
* PCR without considering technical/prudential wr ite-off.
* * Values from FY05-FY08 pertain to CRAR as per Basel I
Key Performance Highlights FY15 FY14 FY13 FY12 FY11 FY10 FY09 FY08 FY07 FY06 FY05
Net Interest Margin (%) 2.70 3.02 3.21 3.10 3.06 2.77 3.17 2.89 3.28 3.25 2.74
CRAR Basel II (%)** 12.06 12.53 13.91 14.00 14.01 15.39 14.76 13.80 11.08 13.02 9.89
RoAA (Annualized) (%) 0.56 1.00 1.17 1.12 1.05 1.07 1.09 1.01 0.88 0.53 0.09
Provision Coverage (%) 60.63 62.71 60.33 71.36 73.94 70.82 48.45 81.98 75.77 63.94 44.22
CASA (%) 20.59 20.69 18.60 19.67 21.55 23.13 23.80 24.08 23.94 26.41 24.79
Gross NPA (%) 1.71 1.19 1.36 0.97 1.11 1.32 2.18 1.78 3.94 4.99 6.64Net NPA (%) 0.96 0.78 0.78 0.28 0.29 0.39 1.13 0.33 0.98 1.86 3.81
Book Value per Share (Rs.) 26.59 25.06 22.44 19.12 16.33 13.14 11.54 12.84 10.86 9.10 9.54
Earnings per Share (Rs.) 2.28 3.78 4.03 3.55 2.59 2.07 1.72 1.68 1.48 0.72 0.18
Dividend per Share (Rs.) 0.60 0.80 0.70 0.60 0.50 0.40 0.30 0.30 0.25 0.18 NIL
Branches
- Kerala 444 436 409 383 358 316 301 286 277 263 251
- South Ex-Kerala 236 227 213 200 173 161 146 133 122 119 117
- Others (Rest of India) 142 131 116 105 100 93 73 71 66 58 51Total Branches 822 794 738 688 631 570 520 490 465 440 419
ATMs
- Kerala 651 552 461 382 280 190 144 115 84 66 58
- South Ex-Kerala 362 293 221 184 124 100 71 50 39 38 33
- Others (Rest of India) 187 155 118 97 86 81 63 58 51 40 30
Total ATMs 1,200 1,000 800 663 490 371 278 223 174 144 121
38
10-Year Business and Financial Metrics
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Experience Next Generation Banking Experience Next Generation Banking
SIB wins 'Best Private Sector Bank’ in the ABP News BFSI Awards 2015
Awards and Recognitions (1/2)
39
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Experience Next Generation Banking Experience Next Generation Banking
SIB wins 'Best IT Team Award‘Banking Technology Excellence Award
Awards and Recognitions (2/2)
SIB wins Banking Frontiers InspiringWork Places Award