Key Highlights (3 Months ended)
(June 2021 V/s June 2022)
đđģNet Profit stood at Rs 2022 Cr against Net Profit of Rs 1177 Cr for June-2021
đđģOperating Profit stood at Rs.6606 Cr and grew by 20.53%
đđģNon-Interest Income grew by 24.55%
đđģFee based income grew by 17.95%
đđģCost to Income Ratio declined by 210 bps
đđģGlobal Business grew by 11.45%
đđģGross Advances grew by 14.47%
đđģAgricultural & Allied Credit grew by 18.42%
đđģRetail Credit grew by 11.56% with Housing loan at 16.03%
đđģRAM Credit grew by 14.85%, it constitutes 56% of Total Advances
đđģGold Loan grew by 26.20%, it crossed Rs 100000 Cr milestone
đđģCASA Deposits increased by 8.76%
đđģRetail term deposit grew by 6.15%
đđģGross NPA Ratio down by 152 bps
đđģNet NPA Ratio down by 98 bps
đđģProvision Coverage Ratio (PCR) at 84.51% improved by 333 bps
đđģCRAR stood at 14.91% as at June 2022. Out of which Tier-I is 12.13% and Tier-II is 2.78%
đđģReturn on Assets improved to 0.65% for Q1FY23 against 0.41% for Q1FY22
đđģReturn on Equity improved to 16.33% for Q1FY23 against 11.53% for Q1FY22
Key Summary of Business Performance (as on 30.06.2022)
 Business
đđģGlobal Business increased by 11.45% (y.o.y) to Rs 1901776 Cr as at June 2022 with Global Deposits at Rs 1118122 Cr 9.42% (y.o.y) and Global Advance (gross) at Rs 783654 Cr 14.47% (o.y)
đđģDomestic Deposit of the Bank stood at Rs 1052907 Cr as at June 2022 with growth of 8.49% (y.o.y)
đđģDomestic Advances (gross) of the Bank stood at Rs 748140 Cr as at June 2022 grew by 13.14% (y.o.y)
đđģRetail lending Portfolio increased 11.56% (y.o.y) to Rs 128615 Cr as at June 2022
đđģHousing Loan Portfolio increased 16.03% y.o.y to Rs 75578 Cr
đđģAdvances to Agriculture grew by 18.42% (y.o.y) to Rs 185680 Cr as at June 2022
Asset Quality
đđģGross Non-Performing Assets (GNPA) ratio stood at 6.98% as at June 2022 as against 7.51% at March 2022, 8.50% as at June 2021.
đđģNet Non-Performing Assets (NNPA) ratio stood at 2.48% as at June 2022 as against 2.65% as at March 2022,3.46% as at June 2021.
đđģProvision Coverage Ratio (PCR) improved to 84.51% as at June 2022 from 81.18% as at June
Capital Adequacy
đđģCRAR stood at 14.91% as at June 2022 (14.90% as at March 2022). Out of which Tier-I is 12.13% (11.91% as at March 2022), CET1 is 10.49% (10.26% as at March 2022) and Tier-II is 2.78% (2.99% as at March 2022).
đđģThe Capital Raising Plan for FY-23:
AT-1 Bonds    : Rs.5500 Cr
Tier II Bonds  : Rs.3500 Cr
Priority Sector & Financial Inclusion
đđģThe Bank has achieved Targets in Priority Sector at 51.32% and Agricultural Credit at 24.22% of ANBC as at June 2022, as against the norm of 40% and 18% respectively
đđģCredit to small and marginal farmers stood at 18.20% of ANBC, against the norm of 9.50%
đđģCredit to Weaker Sections stood at 24.25% of ANBC, against the norm of 50%
Network
đđģ As on 30.06.2022, the Bank has 9732 Domestic Branches, out of which 3041 are Rural, 2751 Semi- Urban, 1997 Urban & 1943 Metro along with 10802 ATMs. Bank is also having 3 overseas branches in London, Dubai and New York.
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