FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31
st MARCH 2021
Key Highlights (12 Months period ended) (Mar 2020 V/s Mar 2021)
Net Profit stood at Rs.2557 cr against Net Loss of Rs.5838 crores for FY-20
Operating Profit reached a new horizon at Rs.20009 cr grew by 55.93%
Net-Interest Income grew by 18.57%
Non-Interest Income grew by 40.75%
Domestic NIM improved by 24 bps
Cost to Income Ratio improved by 966 bps
Domestic Business grew by 8.57%
Agricultural & Allied Credit grew by 17.44%
Retail Credit grew by 12.14% with Housing loan at 15.11%
CASA Deposits increased by 13.95 %
Retail term deposit grew by 16.37 %
Gross NPA Ratio down by 46 bps
Net NPA Ratio down by 52 bps
Provision Coverage Ratio (PCR) at 79.68% improved by 273 bps
CRAR stood at 13.18% as at Mar 2021. Out of which Tier-I is 10.08% and Tier-II is 3.10%
Key Highlights (3 Months ended) (Mar 2020 V/s Mar 2021)
Net Profit stood at Rs.1010 Cr as against Net Loss of Rs.6567 crores
Operating Profit grew by 136.40%
Net-Interest Income grew by 9.87%
Non-Interest Income grew by 72.08%
Cost to Income Ratio improved by 2285 bps
Key Highlights (3 Months ended) (Dec 2020 V/s Mar 2021)
Net Profit grew by 45.11% to Rs.1010 Cr
Non-Interest Income increased by 21.86 % to Rs.5207 Cr
Cost to Income improved by 85 bps
Key Summary of Business Performance (as on 31.03.2021)
Business
Global Business increased by 8.23% (y.o.y) to Rs.1686030 Cr as at Mar 2021 with Global Deposits at
Rs.1010875 Cr 11.50% (y.o.y) and Global Advance (gross) at Rs.675155 Cr 3.68% (y.o.y)
Domestic Deposit of the Bank stood at Rs.963306 Cr as at Mar 2021 with growth of 10.74% (y.o.y)
Domestic Advances (gross) of the Bank stood at Rs.652558 Cr as at Mar 2021 with growth of 5.51%
(y.o.y)
RAM constitutes 56.24% of Total Advances
Retail lending Portfolio increased 12.14% (y.o.y) to Rs.115312 Cr as at Mar 2021
o Housing Loan Portfolio increased 15.11% y.o.y to Rs.64326 Cr
o Vehicle Loan portfolio increased 13.25% y.o.y to Rs.13713 Cr
Advances to Agriculture grew by 17.44% (y.o.y) to Rs.156058 Cr as at Mar 2021
Asset Quality
Gross Non-Performing Assets (GNPA) ratio stood at 8.93% as at Mar 2021 as against 7.46% at Dec
2020, 9.39% as at March 2020
Net Non-Performing Assets (NNPA) ratio stood at 3.82% as at Mar 2021 as against 2.64% as at Dec
2020, 4.34% as at March 2020
Provision Coverage Ratio (PCR) improved to 79.68% as at Mar 2021 from 76.95% as at Mar 2020
Capital Adequacy
CRAR stood at 13.18% as at Mar 2021. Out of which Tier-I is 10.08% and Tier-II is 3.10%
Bank successfully raised capital during FY21 through:
AT-1 Bonds : Rs.2936.10 Cr
QIP Equity : Rs.2000 Cr
Priority Sector & Financial Inclusion
The Bank has achieved Targets in Priority Sector at 44.11% and Agricultural Credit at 18.56% of
ANBC as at Mar 2021, as against the mandatory target of 40% and 18% respectively
Credit to Weaker Sections stood at 17.66% of ANBC, against the target of 10%
Bank has opened 138 lakhs accounts under PMJDY and mobilised CASA deposits of Rs.6152 Cr as at
Mar 2021
Network
As on 31.03.2021, the Bank has 10416 Number of Branches, out of which 3069 are Rural, 3140
Semi- Urban, 2094 Urban & 2113 Metro along with 13452 ATM
