44
►Corporation Bank was founded in the Year 1906 in Udupi a small town in South India
►Nationalized in the year 1980 and went public in 1998
►The Bank holds a unique record of posting profits right from inception
►Uninterrupted dividend payment track record since inception – Declared highest ever Dividend of 205% for FY2011-12
►A Mid sized Bank which is a leader in Technology Adoption and financial inclusion
Founder: Shri Haji Abdullah Haji Bahadur Saheb Bahadur
The Bank has 2 representative offices at Dubai & HongKong
Branch Network Category 31.12.12 %
share
Rural 357 22%
Semi Urban 516 31%
Urban 394 24%
Metro 386 23%
Total
Branches 1653 100%
22%
31%24%
23%
BRANCH SEGMENTATION AS ON 31.12.2012
RURAL SEMI URBAN
URBAN METRO
During the current financial year, the Bank opened 153 Branches across the country. 52 Branches were opened during Q3.
Mar-12 Dec-12
Branches 1500 1653
ATM 1274 1306
Branchless
Banking Units
3390 3545
Total 6164 6504
4
21725 23191 27233
32876
42357
55424
73984
92734
116748
136142
12029 13890 18546
23962 29950
39186 48512
63202
86850
100469
33754 37081 45779
56838
72307
94610
122496
155936
203598
236611
FY2003+3K
FY2004+4K
FY2005+8K
FY2006+11K
FY2007+16K
FY2008+22K
FY2009+28K
FY2010+33K
FY2011+48K
FY2012+33K
Deposits Advances Total Business
` in Crore
Total Business almost doubled in THREE
years span and 7 times in 10 years
Sustained Business growth over last decade
5
2370.20 2768.65
3054.92 3374.89
3765.45 4228.51
4896.51
5774.87
7137.81
8275.93
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
` in Crore
Net worth increased by 3.6 times over 10 years span
Net Worth over last decade
6
852 907
1057 954
1140 1251
1797
2070
2554
2856
416 504
402 444 536
735
893
1170
1413 1506
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Operating Profit Net Profit
` in Crore Profit growth over last decade
Dec-09 Dec-10 Dec-11 Dec-12
Total Business 141,121 170,460 218,985 244,827
Growth [y-o-y %] 32.10% 20.79% 28.47% 11.80%
Total business growth y-o-y `25,842 crore
Total business growth y-o-y 11.80% 141,121
170,460
218,985
244,827
Dec-09 Dec-10 Dec-11 Dec-12
(` in crore)
TOTAL BUSINESS
SB, 9818
CA, 18904
TERMDEP, 111662
DEPOSITS BREAKUP
SB CA TERMDEP
` in Crore
8
Savings Bank Deposits
17115 18904
Dec-11 Dec-112
10.4% y-o-y
CASA
25756
28722
Dec-11 Dec-12
Deposits Portfolio
20% of Deposits
AMOUNT Share %
Current Deposits 9,818 7.0%
Savings Deposits 18,904 13.5%
CASA 28,722 20.5%
Term Deposits 111,662 79.5%
Total Deposits 140,384 100%
Advances
Advances grew at 13.06% y-o-y to reach `104,443 crore
Average advances grew at 21.39% y-o-y to reach `95,840 crore
CD Ratio was at 74.40% and Average CD Ratio was at 71.81%
Major component of loan book was Large Industries (46.4%)
Agricultural advances grew by 34.5% on y-o-y basis
SME advances grew by 32.8% y-o-y
Retail advances grew by 53.1% y-o-y
Yield on advances increased to 11.67% y-o-y from 11.60%
31.12.2011 31.12.2012
Advances 92,377 104,443
Average Advances 78,954 95,840
(` in crore)
(` in crore)
10
Q3 FY2012
Q3 FY2013
797.74 758.93
402.22 303.17
Operating Profit Net Profit
PROFITS
Dec-11(9M)Dec-12(9M)
2041.71
2114.54
1154.78 1079.14
Operating Profit Net Profit
FY 2012
Q3
FY 2013
Q3
Growth %
Q3/Q3
Operating Profit 797.74 758.93 -4.9%
Net Profit 402.22 303.17 -24.6%
FY 2012
9M
FY 2013
9M
Growth %
Y-O-Y
2,041.71 2,114.54 3.57%
1,154.78 1,079.14 -6.55%
PARTICULARS
Total Income
Interest Income
a) Advances
b) Investments
c) Others
Non-interest Income
Of which :
Core Area
Non core area
` in Crore
11
QUARTER [Q3]
Dec 2011
3M
Dec 2012
3M
Growth
(%) (Q3/Q3)
3,776.31 4,257.85 12.8%
3,362.85 3,870.89 15.1%
2,457.36 2,837.86 15.5%
816.31 911.15 11.6%
89.18 121.88 36.7%
413.46 386.96 -6.4%
210.28
203.18
238.69
148.27
13.5%
-27.0%
FY 2013 (9 MONTHS)
Dec 2011
9M
Dec 2012
9M
Growth
(%) (9M/9M)
10,501.22 12,306.53 17.2%
9,431.91 11,265.99 19.4%
6,871.95 8,389.88 22.1%
2,265.36 2524.39 11.4%
294.60 351.72 19.4%
1,069.31 1,040.54 -2.7%
595.47
473.85
684.80
355.74
15.0%
-24.9%
P&L Account – INCOME
595.46 684.80
9M FY2012 9M FY2013
(` in crore)
12
Increase y-o-y 15.0%
107.51 89.76 93.32
157.87
33.41 44.52
158.41
LC Comm BG Comm Service Ch. Proc. Fee CommBills/DD
Oth. Comm Others
Fee Income – Breakup - Dec 2012 (9M)
Increase Q3/Q3 13.5%
Non Interest Income– Core Areas
210.28 238.69
Q3 FY2012 Q3 FY2013
PARTICULARS
Non-interest income from
Non-core Areas:
Of which:
Profit on Exchange
Transactions
Profit on Sale of Investments
Dividend on Shares
Cash Management Services
Bad Debts Recovery / Write
back
` in Crore
13
QUARTER [Q3]
Dec 2011
3M
Dec 2012
3M
Growth
(%) (Q3/Q3)
203.18 148.27 -27.0%
56.05 28.94 -48.4%
111.51 67.14 -44.4%
0.52 2.90 457.7%
8.66 5.33 -38.5%
26.44 43.96 66.3%
FY 2013 (9 MONTHS)
Dec 2011
9M
Dec 2012
9M
Growth
(%) (9M/9M)
473.85 355.74 -24.9%
106.57 74.38 -30.2%
269.07 155.94 -42.0%
7.62 16.94 122.2%
24.78 18.71 -24.5%
65.81 89.77 36.4%
Break up of Non Interest Income – Non Core Areas
PARTICULARS
Total Expenses
Interest Expenses
a) Interest on Deposits
b) Interest on Borrowings
Operating Expenses
a) Salaries
b) Other Operating
Expenses
` in Crore
14
QUARTER [Q3]
Dec 2011
3M
Dec 2012
3M
Growth
(%) (Q3/Q3)
2,978.57 3,498.92 17.5%
2,501.04 2,987.50 19.5%
2,274.57 2,749.31 20.9%
226.47 238.18 5.2%
477.53 511.42 7.1%
247.32 263.35 6.5%
230.21 248.07 7.8%
FY 2013 (9 MONTHS)
Dec 2011 Dec 2012 Growth
(%) (9M/9M)
8,459.51 10,191.99 20.5%
7,118.94 8,770.92 23.2%
6,514.13 8,158.88 25.3%
604.81 612.04 1.2%
1,340.57 1,421.07 6.0%
697.16 705.99 1.3%
643.41 715.08 11.1%
EXPENSES
FY 08 FY 09 FY 10 FY 11 FY12
NII 1,443 1,574 1,903 2,940 3,147
% Growth 10.3% 9.1% 20.9% 54.4% 7.0%
NII for the last 5 years
(` in crore)
15
Increase Q3/Q3 2.5%
2312.97 2495.07
9M FY2011-12 9M FY2012-13
NET INTEREST INCOME
861.81 883.39
Q3 FY2011-12 Q3 FY2012-13
Increase 9M/9M 7.9%
1613 1713 1691
Business per employee
Dec-11 Mar-12 Dec-12
13625 13365 13872
Avg. Business per BranchDec-11 Mar-12 Dec-12
11.34 10.90 9.94
Profit per employee(annualised)Dec-11 Mar-12 Dec-12
107.60 100.40
87.04
Profit per Branch(annualised)Dec-11 Mar-12 Dec-12
(` in lakhs)
16
PRODUCTIVITY RATIOS
559.82
558.69
631.54
Book Value per Share (in `)
Dec-11 Mar-12 Dec-12
103.94 101.67 97.13
Earning per share (in `) (annualised)
Dec-11 Mar-12 Dec-12
17
165%
200%
205%
Dividend
FY 2010 FY 2011 FY 2012
SHARE HOLDERS’ RETURNS
18
KEY RATIOS (annualised)
EARNING RATIOS
Mar 12 (FY)
Dec 11 (Q3)
Dec 12 (Q3)
Dec 11 (9M)
Dec 12 (9M)
a Cost of Deposits 7.63% 7.64% 8.06% 7.49% 8.15%
b Cost of Funds 6.95% 6.94% 7.31% 6.84% 7.38%
c Yield on Advances 11.62% 11.91% 11.55% 11.60% 11.67%
d Yield on Investments
7.75% 7.80% 7.79% 7.75% 7.75%
e Yield on Funds 9.16% 9.34% 9.47% 9.06% 9.48%
f Net Interest Margin 2.48% 2.66% 2.35% 2.50% 2.29%
19
KEY RATIOS
Earning / Profitability Ratios (annualised)
Mar 12 (FY)
Dec 11 (Q3)
Dec 12 (Q3)
Dec 11 (9M)
Dec 12 (9M)
a. Cost to Income Ratio 38.44% 37.44% 40.26% 39.63% 40.19%
i) Staff Cost to Income Ratio
19.68% 19.39% 20.73% 20.61% 19.96%
ii) Other Operating Cost to Income Ratio
18.76% 18.05% 19.53% 19.02% 20.23%
b. Net Profit to Total income
10.38% 10.65% 7.12% 11.00% 8.77%
c. Return on Assets (%) 1.06% 1.12% 0.74% 1.11% 0.91%
d.
Return on Equity (%)
(Net Profit / Net Worth)
18.20% 19.40% 13.39% 18.57% 16.32%
PARTICULARS
Provisions (Net)
a. For Bad & Doubt Debts
b. On Standard Assets
c. Investment Depreciation
d. Income Tax
e. Others:
` in Crore
20
FY 2013 (9 MONTHS)
Dec-11 9M
Dec-12 9M
Growth (%)
(9M/9M)
886.93 1035.40 16.7%
378.89 792.57 109.2%
38.25 39.00 1.96%
140.26 -89.60 -163.9%
274.19 143.92 -47.5%
55.34 149.51 170.16%
FY 2011-12
Mar-12
1,349.93
557.21
110.25
85.31
399.47
197.69
PROVISIONS
Quarter [Q3]
Dec-11 3M
Dec-12
3M
395.52 455.76
148.66 323.91
38.25 28.00
50.44 -1.04
122.22 49.70
35.95 55.19
21
Parameter
Balance O/S As at Growth over Dec 11 O/s as % to NBC as at
Dec 12 31.03.12 31.12.11 31.12.12 Abs %
Agriculture 7,140 6,489 8,730 2241 34.5% 8.4%
SME 14,340 13,276 17,637 4361 32.8% 16.9%
- of which Small Enterprises
13,752 12,412 16,682 4270 34.4% 16.0%
Large Industries 44,921 43,505 48,512 5007 11.5% 46.4%
Retail 18,089 14,939 22,877 7938 53.1% 21.9%
Gold Loan 2,116 1,585 3,662 2,077 131.1% 3.5%
Wholesale Trade 1,043 988 977 -11 -1.1% 0.9%
Food Credit 1,681 1,796 2,431 635 35.4% 2.3%
Commercial Real Estate 3,012 2,814 2,964 150 5.3% 2.8%
Capital Market 1,162 1,235 1,131 -104 -8.4% 1.1%
Composition of Advances (` in crore)
[` in Crore]
* Capital market as % to Net worth of March 2012 **Guarantees on behalf of brokers Rs.354 crore, advances to share brokers Rs.5 crore
Sector Dec-11 Mar-12 Dec-12 Growth % over Dec 11
% to NBC as at Dec 12
a. Real Estate 14,287 14,563 13897 -2.7% 13.3%
Housing - Direct 6,450 6,836 8303 28.7% 7.9%
Housing - Indirect 5,023 4,715 2630 -47.6% 2.5%
Comm. Real Estate 2,814 3,012 2964 5.3% 2.8%
Of Comm. Real Estate:
Corp Rental 466 459 457 -1.9% 0.4%
Builders 1,788 1,764 1772 -0.9% 1.7%
Others 560 789 735 31.3% 0.7%
b. Capital Market * 1,235 1,162 1131 -8.4% 13.7%
Credit ** 612 454 444 -27.5% 5.4%
Investment (Equity) 623 708 687 10.3% 8.3%
c. Commodities 785 633 992 26.4% 0.9%
Total 16,307 16,358 16020 -1.8% 15.3%
d. NBFC 5,822 4,866 3352 -42.4% 3.2%
- of which M F I 758 682 687 -9.4% 0.7%
22
Exposure to Sensitive Sectors
Dec 2011 Dec
2012
% to total NBC
Dec-12
Deployment to
Total Dec-
12[%]
Growth %
D12/D11
y-o-y
Infrastructure [Breakup in
next slide] 14,828 17,051 16.3% 29.4% 15.0%
Textiles 3,486 4,413 4.2% 7.6% 26.6%
Petroleum 1,685 1,408 1.3% 2.4% -16.4%
Engineering 2,743 3,671 3.5% 6.3% 33.8%
Gem & Jewellery 2,003 2,834 2.7% 4.9% 41.5%
Chemicals & Pharma 2,803 3,092 3.0% 5.3% 10.3%
Iron & Steel 2,553 3,104 3.0% 5.4% 21.6%
Metal & Metal Products 1,284 1,559 1.5% 2.7% 21.4%
Food Processing 1,886 1,979 1.9% 3.4% 4.9%
Cement 787 1,065 1.0% 1.8% 35.3%
Others 14,646 17,713 17.0% 30.6% 20.9%
Total 48,704 57,889 55.4% 100% 18.9%
23
[` in Crore]
Industry wise Credit Exposure
[` in Crore]
INFRASTRUCTURE – BREAK
UP
Dec-11 Dec-12 % to NBC
Dec-12
% growth over
Dec-11
Power 8,824 10,358 9.9% 17.4%
Telecommunication 2,505 2,591 2.5% 3.4%
Roads & Ports 2,249 2,704 2.6% 20.2%
Hospitals 165 283 0.3% 71.5%
Educational Institutions 836 980 0.9% 17.2%
Others* 249 135 0.1% -45.8%
Total 14,828 17,051 16.3% 15.0%
*Others include Info Park, SEZ, Construction relating to projects involving agro-processing / storage of agro products, etc.
24
Industry wise Credit Exposure (contd..)
25
Priority Sector Lending
(` in crore)
Particulars Dec-11 Mar-12 Dec-12 Growth
over Dec 11
Growth over
Mar 12
Agriculture
% to ANBC
6,489
7.47%
7,140
8.22%
8,730
8.69% 34.54% 22.26%
Small Enterprises
% to ANBC
12,412
14.29%
13,752
15.83%
16,682
16.6% 34.41% 21.31%
Other Priority Sectors
% to ANBC
8,258
9.51%
9,020
10.39%
8,900
8.86% 7.78% -1.32%
Total Priority Sector Deployment
% to ANBC
27,158
31.27%
29,912
34.44%
34,312
34.15% 26.34% 14.71%
Housing, 36%
Education, 5%
Vehicle, 13%
Mortgage, 8%
Personal, 1%
Corp Vyapar, 4%
Corp Mitra, 0%Other
Schemes, 32%
[` in Crore]
Segment Amount % to NBC
Housing 8,254 36.1%
Vehicle 3,088 13.5%
Education 1,141 5.0%
Mortgage 1,826 8.0%
Personal 278 1.2%
Corp Vyapar 854 3.6%
Corp Mitra 126 0.6%
Others 7,310 32.0%
Total 22,877 100.0%
26
Retail lending
Dec-11 Mar-12 Dec-12 Y-o-y Growth
%
14,939 18,089 22,877 53.1%
16.2% to NBC
18.00% to NBC
21.9% to NBC
27
Dec-11 Mar-12 Dec-12
GROSS INVESTMENTS 48,017.34 47619.70 53,293.56
SLR INVESTMENTS
Treasury Bills 1,054.83 1,117.28 3,326.61
CG securities 30,256.86 31,499.56 33,288.61
State Govt. Securities 4,021.61 4,529.79 5,618.88
Total 35,333.30 37,146.63 42,234.10
NON-SLR INVESTMENTS
PSU Bonds 399.61 481.36 1,066.41
Corporate Debentures 908.98 996.88 985.02
CDs 4,017.20 1,467.40 597.36
CPs 121.34 169.49 34.17
RIDF /SIDBI /NHB 5,814.31 6,543.30 7,575.10
Others 1,422.60 814.64 801.40
Total 12,684.04 10,473.07 11,059.46
Surplus SLR 3,311.66 3,916.86 8,073.05
Investments (` in crore)
28
Treasury Management
31.03.12 31.12.11 31.12.12 % to Total
Investment
Aggregate Investment 47,619.70 48,017.34 53,293.56
Of which --
(i) HFT 574.52 181.32 941.14 1.77%
(ii) AFS 9,579.44 11,463.05 12,725.31 23.88%
(iii) HTM 37,465.74 36,372.97 39,627.11 74.36%
SLR Invt 37,146.63 35,333.30 42,234.10 79.24%
Non-SLR Invt 10,473.07 12,684.04 11,066.13 20.76%
Of which - RIDF/NHB/SIDBI 6,543.30 5,814.30 7,575.10 14.21%
Trading Profit 364.97 269.07 155.94
Modified Duration ( In Years)
Duration ( In Years):
AFS
HTM
HFT
4.68
4.89
2.89
5.49
4.66
4.45
4.65
2.25
5.51
2.68
4.60
4.79
3.08
5.45
4.94
[` In crore]
(` in crores)
PERIOD CASH RECOVERY UPGRADN TOTAL
Dec-11 (9M) 244.79 212.57 457.36
MARCH 12 - FY 315.35 443.25 758.60
Dec- 12 (9M) 246.28 554.25 800.53
Cash Recovery & Up-gradation
Dec-11 Mar-12 Dec-12
Asset Cat. Actual % Actual % Actual %
Standard 91,442.93 98.65 99,551.10 98.74 102,693.53 97.82%
Sub- Std. 856.19 0.92 638.45 0.63 1,788.58 1.70%
Doubtful 341.49 0.37 555.50 0.55 446.04 0.42%
Loss 51.49 0.06 80.26 0.08 49.51 0.05%
Total 92,692.40 100.00 100,825.31 100.00 104,977.66 100%
Asset Category wise Advances
` in Crores
30
31.12.11 31.03.12 30.09.12 (Cumulative)
31.12.12 (Cumulative)
Gross NPAs at the beginning of the year
790.23 790.23 1,274.21 1,274.21
Add: Additions 1,038.97 1,202.78 1,167.66 1,868.20
Less: Recoveries Up-gradation write off
106.27
45.27
428.49
104.25 49.17
565.38
38.42 176.90 277.21
82.01 162.06 614.21
Gross NPA at the end of the period
1,249.17 1,274.21 1,949.34 2,284.13
Gross Credit 92,692 100,825 98,709 104,978
Gross NPA % 1.35% 1.26% 1.97% 2.18%
Net NPA 885.28 869.38 1,351.03 1,697.56
Net NPA % 0.96% 0.87% 1.38% 1.63%
PCR with respect to Gross NPA 62.88% 65.30% 60.44% 58.02%
Movement of NPAs
PCR : Provision Coverage Ratio. Net NPA 18.15% of Net Worth as on 31.12.12
31
` in Crores
SECTOR
NPA
Dec-11 Mar-12 Dec-12
A/cs Amt % of NPA
to Exp. A/cs Amt
% of NPA to
Exp. A/cs Amt
% of NPA to
Exp.
PRIORITY
AGRICULTURE 12555 222.71 3.43 15409 251.35 3.52 25013 384.67 4.41
SME 4105 235.47 1.90 3899 192.34 1.42 7172 323.47 1.94
OTHER PRIORITY 8399 176.08 2.13 6843 114.54 1.28 11520 218.35 2.45
TOTAL 25059 634.26 2.34 26151 558.23 1.88 43705 926.49 2.94
NON- PRIORITY
LARGE INDUSTRY 30 398.76 0.82
49 566.86 1.09 93 1036.28 2.14
WHOLESALE TRADE 38 42.55 0.18
34 22.50 0.55 38 51.45 5.27
OTHERS 9613 173.60 0.62 9376 126.62 0.83 10624 269.91 1.15
TOTAL 9681 614.91 0.93 9459 715.98 1.01 10755 1357.64 1.86
GRAND TOTAL 34740 1249.17 1.35 35610 1274.21 1.26 54460 2284.13 2.19
Sector wise NPAs
32
` in Crores
SECTOR
DELINQUENCY
Dec-11 Mar-12 Dec-12
A/cs Amt % of
Dlq. to Exp.
A/cs Amt % of
Dlq. to Exp.
A/cs Amt % of
Dlq. to Exp.
PRIORITY
AGRICULTURE 7663 99.90 1.54 11344 153.02 2.14 12700 193.08 2.21
SME 2564 177.98 1.43 2626 159.02 1.17 3521 225.07 1.35
OTHER PRIORITY 7341 163.48 1.98 7613 139.38 1.56 7001 162.29 1.82
TOTAL 17568 441.36 1.62 21583 451.42 1.52 23222 580.44 1.84
NON- PRIORITY
LARGE INDUSTRY 20 397.59 0.81 24 566.74 1.09 64 919.34 1.90
WHOLESALE TRADE 25 42.39 1.17 25 22.98 0.56 23 45.45 4.65
OTHERS 6621 157.63 0.57 7874 161.64 1.05 5615 184.51 0.79
TOTAL 6666 597.61 0.91 7923 751.36 1.06 5702 1149.30 1.58
GRAND TOTAL 24234 1038.97 1.12 29506 1202.78 1.19 28924 1729.74 1.66
Sector wise Delinquency
(` in crores)
33
No. of Accounts
Amount
A/c s restructured up to 31.03.2012 10,175 7312.10
Additions from 01.04.12 to 30.06.12 14 1,075.76
Additions from 01.07.12 to 30.09.12 32 251.88
Additions from 01.10.12 to 31.12.12 546 255.40
Total Restructured up to 31.12.12 10,767 8,895.14
Restructured Accounts
Position as at 31.12.2012 O/S Balance
Standard Assets 7,528.97
Substandard Assets 334.34
Doubtful Assets 184.30
Loss Assets 119.04
Prudentially Written off accounts 728.49
Total Balance O/S 8,895.14
Total NPAs under Restructured Accounts 637.68
% of Restructured A/cs to NBC 7.8%
March 12 Dec 12
Net Worth 8,276 9,355
C R A R
Risk Weighted Assets 105,940 111,036
Total Capital 13,767 13,953
Tier I Capital 8,820 8,964
Tier II Capital 4,947 4,989
Capital Adequacy Ratios
March 12 Dec 12
Under Basel I 11.94% 11.67%
Under Basel II 13.00 12.57%
- of which Tier I 8.33% 8.08%
Tier II 4.67% 4.49%
CRAR UNDER BASEL II
TIER I 8.33%
TIER I 8.08%
TIER II 4.67%
TIER II 4.49%
Mar-12 Dec-12
CRAR 13.00% 12.57%
34
(` in crore)
CAPITAL ADEQUACY
58.52%
25.49%
7.14%
3.45%
0.39%
5.01%
G.O.I LIC FI, MF, Banks & Corporate FII NRIs INDIV
Government of India 58.52%
LIC of India 25.49%
Resident Individuals 5.01%
NRI 0.39%
FIs, MFs, Banks & Corporate bodies
7.14%
FII & Overseas body corporates 3.45%
35
Share holding pattern – 31.12.2012
TOP SHARES HOLDERS OTHER THAN GOVT. OF INDIA & LIC OF INDIA HOLDING % TO
EQUITY
RELIANCE CAPITAL TRUSTEE CO. LTD A/C RELIANCEBANKING FUND 1317000 0.89
GENERAL INSURANCE CORPORATION OF INDIA 1085093 0.73
BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD. 986000 0.67
RELIANCE CAPITAL TRUSTEE CO LTD-RELIANCE LONGTERM EQUITY FUND 777200 0.52
THE NEW INDIA ASSURANCE COMPANY LIMITED 483018 0.33
LSV EMERGING MARKETS EQUITY FUND LP 442700 0.30
PINEBRIDGE INVESTMENTS ASIA LIMITED A/C PINEBRIDGE INVESTMENTS GF MAURITIUS LTD.
437060 0.30
UNITED INDIA INSURANCE COMPANY LIMITED 427554 0.29
WISDOMTREE INDIA INVESTMENT PORTFOLIO INC 363428 0.25
DIMENSIONAL EMERGING MARKETS VALUE FUND 357471 0.24
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Certificate of Deposits CDs :
Rating by Crisil - “Crisil A1+”
[pronounced as “Crisil A one Plus ” ]
Indicates very strong degree of safety regarding timely payment of financial
obligations. Such instruments carry lowest credit risk
Tier I Perpetual Bonds / Upper Tier II Bonds / Lower Tier II Bonds
Rating by Crisil - “Crisil AAA / Stable ”
[pronounced as “Crisil Triple A with stable outlook ”)
Indicates highest degree of safety regarding timely servicing of
obligations. Such instruments carry lowest credit risk
Fixed Deposit
Rating by Crisil - “FAAA / Stable ”
[pronounced as “F Triple A with stable outlook ”)
Indicates very strong degree of safety regarding timely payment of interest
and principal on the instrument
Rating for Banks CDs / FDs / Long Term Borrowings
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All 1741 units under CBS – 100% of branches/offices under Core
Banking
The Bank has operationalised and networked 1306 ATMs, across the country inclusive of 9 Biometric ATMs.
64.11 lakh Debit cards, 0.57 lakh campus cards issued
14054 POS Terminals have been installed at different merchant establishments all over the country.
Mobile Banking and SMS Banking operational with many value added services
Travel Card in foreign currency in tie-up with J P Morgan launched
E-Stamping system launched in Delhi, Bangalore & Mangalore
First Bank to launch Tax-payment through ATM
Only Bank to facilitate payment of LIC premium through branches
First Bank to launch ASBA [Application supported by Blocked amount]
Bank has introduced Interbank Mobile Payment Service [IMPS] to facilitate funds transfer across Banks using mobile phones
Information Technology Initiatives
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Branchless Banking operational in 3545 locations spread over 16 States. Added 155 new locations during the financial year 2012-13.
Bank is actively participating in Electronic Benefit Transfer (EBT) programme in the States of Andhra Pradesh, Karnataka and Tamil Nadu wherein a total number of 3.98 lakh transactions (out of the total 8.74 lakh transactions) amounting to Rs.1243.14 Lakhs (total amount Rs.10,137.94 Lakhs) have been routed through the BCs during quarter ended December 2012.
Bank has provided banking services in all 301 villages allocated by various SLBCs of population above 2000 (51 locations by way of Branch Model and 250 locations by way of BC Model). Out of 250 locations under BC model, 221 has been converted into Ultra Small branches and remaining 29 will be converted shortly.
Bank has provided banking services to 111 villages already out of 402 villages allotted by Government of India to cover villages between 1000 to 2000 population and proposes to cover the remaining villages at the earliest.
The Bank has undertaken Financial Inclusion program for Self Help Groups (SHGs) in Belguam & Tumkur Districts in Karnataka State under which 80000 SHGs will be formed. As on date 42,982 groups have already been enrolled.
The Bank has won SKOCH Financial Inclusion Award 2012 for SHG initiatives
Bank has been recognised among all RUDSETI (Rural Development of Self Employment Training Institute) by awarding A+ rating along with 26 others out of 526 RUDSETIs.
Financial Inclusion – Branchless Banking
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Corporation Bank, with a view to catering to the SME & Agricultural segments in a big way, has opened exclusive SME Loan centres in Sixteen Cities across the country and Five Agri Business Development Centres.
To further boost the Agri lending, Gold loan shoppe have been opened in 7 places and 60 specialised Gold loan cells would be made functional very soon.
The Bank has facilitated Online Opening of Deposits to its Retail and Corporate Customers through CorpNet – Internet Banking Platform.
The Bank has developed applications for I-Pad and Android tablets, which provide latest information, updates, interest rates and other relevant information for the users. The Bank has enabled Internet Banking through this application for personal banking.
Corporation Bank launches SME Grand Festival Loan Bonanza on SME Credit Schemes of the Bank from October 20, 2012 for a limited period. The „SME Grand Festival Loan Bonanza‟ with offer of various concessions is specially launched for the benefit of the SMEs.
As a pilot initiative of the Ministry of Finance, Bank has launched „First of the Kind‟ specialized smallB branch at Bangalore to finance startups and innovative MSME(SIMS).
The Bank organized Home Expo (Property Fair) at 20 cities across the country. The Home Expo has been arranged specially for the benefit of the customers as a one stop convenience for availing Home and other loans of the Bank.
New Initiatives
Awards / Recognition
Corporation Bank has been awarded as the “Safest Banker” by The Sunday Standard FINWIZ 2012 – Best Bankers‟ Award. The Award was been given by The Sunday Standard publication. The Award was presented by Shri Anand Sharma, Hon‟ble Union Minister of Commerce, Industry and Textiles at an Award ceremony held at. Shri Ajai Kumar, Chairman & Managing Director of the Bank received the prestigious award on behalf of the Bank.
Awards / Recognition
Corporation Bank Bags Best Mid Size Public Sector Bank (Commendation) Award at “India Best Banks and Financial Institutions Awards 2012” by CNBC-TV18 & MCX Stock Exchange (MCX-SX). The Award was received by Shri Ajai Kumar, Chairman & Managing Director of the Bank from Shri C. Rangarajan, Chairman of the Prime Minister's Economic Advisory Council
Awards / Recognition
Shri Ajai Kumar, Chairman & Managing Director of the Bank receiving the SKOCH Financial Inclusion Award 2013 for SHG Initiatives by SKOCH Consultancy Services Pvt. Ltd. The Award has been given to the bank for its financial inclusion programme for SHGs in Belgaum and Tumkur districts of Karnataka State .
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Looking Forward – FY 2012-13
The Bank has 19 retail hubs for catering to the retail credit growth. There is plan to open more retail hubs.
The Bank is focussing on retail loan segment with specific focus on SME credit, commercial vehicle, gold loan, besides other segments.
200 new branches to be opened during the financial year to make national presence
Pursuing opening /upgradation of branches /Offices at HongKong and Dubai
More Mobile ATMs & Financial Inclusion Resource Centres to be launched
Continue to innovate new products and services
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