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PRESS RELEASE
Performance Highlights - 31'03'2023
Rs. in
o Profit Net Profit / Loss
Gro ss Advonces
lnvestments Business Mix
CASA
CASA Rotio
Gross NPA
Net NPA
Net lnterest Mo ln Gross NPA Rotio Net NPA Rotio
C ost to I nco me R otio
PCR
CRAR
RoE
CD Rotio
RoA
erotin Profit Net Profit
3r.03.2023 | 31.03.2022 |
(3 Months) | Monlhs |
r 882 | 1614 |
6s0 | 552 |
260883 | 262159 |
r 89009 | 1 55801 |
94170 | r 0061 5 |
449892 | 417960 |
r 141 l3 | 113877 |
43.7 4 | 43.44 |
14072 | 15299 |
3266 | 3825 |
3.202.41
7.44% 9.82%
1.83% 2.6s%
49.23% | 48.1s% |
92.63% | 91.66% |
16.10% | 13.83% |
18.32% | 18.12% |
72.45% | 59.43% |
0.83% | 0.7 4% |
12 | |
3r.03.2023 | 31.03.2022 |
5942 | 57 63 |
2099 | 1709 |
3r.03.2023 | 31.03.2022 | ||
(l2Months) | (l2Months) | t | |
t | 5942 | 57 63 | |
*+ | 2099 | 1709 | t |
250883 | 262159 | * | |
+ | r 89009 | 'lss80l | t |
+ | 94170 | r 0061 5 | + |
t | 449892 | 417960 | t |
t | r 141 l3 | 113877 | i |
t | 43.7 4 | 43.44 | t |
+ | 14072 | s299 | + |
@ | 3266 | s825 | + |
t | 2.93 | 2.41 | t |
1} | 7.44% | 9.82% | + |
+ | 1.83% | 2.65% | I |
*s | 51.94% | 48.6'l | + |
92.63% | 91.66% | i | |
t | 16.10% | 13.83% | t |
t | 15.5s% | 17.89% | + |
&' | 72.45% | 59.43% | t |
&' | 0.68% | 0.59% | @ |
Vorionce
Rs. in crore | % Growth |
179 | 3.11% |
390 | 22.82% |
e Net Profit for the quorter ended 3I.03.2023 recorded of Rs.650 Crores'
- Net NPA hos improved to 1.83 7o on 31.03.2023 os ogoinsl 2'657"on 31.03.2022
- During the quorter GNPA reduced by Rs' 262 Crores. GNPA rotio hos improved lo 7.44 7o on 31.03.2023 os ogoinst 9.82% on 3l .03.2022
provision coverog e rotio recorded ql 92,.63 % (December 2022 PCR is
.34%)
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Morch 31 2022 ff'o-il:
- Totol Business stood of Rs. 449892 Crores os on 3lsr Morch 2023 0s ogoinst Rs.4,17,960 Crores os on 3'lstMorch2022'
- Totol Deposits stood of Rs.260883 Crores os on 3lst Morch 2023 os ogoinst Rs.2,62,159 Crores os on 3lst Morch2022'
-
CASA of the Bonk stood Rs. I141 l3 Crores ol 43'747oos on 3lst Morch
2o23ogoinst Rs. l, 13,877 Crores ot 43.44% os on 3.lst Morch 2022. - Gross Advonces stood of Rs.l89oO9 Crores os on 3lsr Morch 2023 0s ogoinst Rs. .|,55,801 crores os on 3l'tMorch 2022'The Bonk hos grown under RAM Segment ond rebolonced the odvonce portfolio by consciously reduced the stressed sector in corporote segment'
- operoting Profit os on 3lsr Morch 2023 stood of Rs'5'942Crores os ogoinstRs.5,T63Croresfortheyeorended3]'|Morch2022.
e Net profit for yeor ended 3lst Morch 2023 stood of Rs'2'099Crores os
ogoinstRs.lT0gCroresforyeorended3l'tMorch2022.
- Totol lncome for the yeor ended 3'lstMqrch 2023 is Rs'23'509
Crores os ogoinst Rs. 21,633 Crores for the yeor ended 3lst Morch2022'
- lnteresl lncome stood of Rs. l9,4OO Crores for the yeor ended 3lst
Morch 2)23os ogoinst Rs.l 6,730 Crores for the yeor ended 3'lstMorch
2022.
6 Non-lnteresl lncome stood of Rs.4,109 Crores for the yeor ended 3lst Morch 2023 os ogoinst Rs. 4,903 Crores for the yeor ended 3lst Morch
2022.
- NPA MANAGEMENT: Gross NPA os of 31st Morch 2023 stood of Rs'
14072 Crores with rotio of 7.44 7o os ogoinst Rs'15,299 Crores with rotio
of 9.82% os on 31st Morch 2022. GNPA hos reduced both in quontum
ond os o percentoge of Gross Advonces (YoY)'
I
Page
76-4
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6 Reduclion in NPA for the quorler ended 3lsrMorch 2023 stood of Rs.
1,227 Crores os ogoinst yeor ended 3ld Morch 2022.
- lolol Cosh Recovery for Morch 2023 wos Rs.447 Crores os ogoinst Rs. 460 Crores in Morch2Q22.
- Net NPA os on 3lst Morch 2023 stood of Rs.3266 Crores with rotio of
1.83 % os ogoinst Rs. 3825 Crores wiih rotio of 2.65% os on 3l'tMorch 2022lhus reducing NPA by Rs. 559 Crores in obsolute terms.
do Provision Coveroge Rolio slood ol 92.63 % os ogoinst 91.66 % os on
3lsr Morch 2022.Bonk hos mode required provisioning in odvonces in
specific Accounts to improve Net NPA.
- nce Hio hls for t e Quorter nded 3l st Morch 2023 over
Quorler ended 3lst Dece mber 2022(Q-o-Q):
6 Totol Business stood of Rs.4,49,892 Crores os on 3lst Morch 2023 os
ogoinst Rs. 4,32,530 Crores os on 3lsi December 2022-
- Iolol Deposils stood ot Rs.2,60,883 Crores os on 3ld Morch 2023 os ogoinst Rs. 2,57,480 Crores os on 3lst December 2Q22-
e CASA of the Bonk stood ot 43.74% os on 3lstMorch 2023 os ogoinst
44.75% os on 3lst December 2022.To1ol CASA for quorter ended 3lsr
Morch 2023 stond ot Rs 1l4ll3 ogoinst Rs.l,14,591 Crores os on 3l't
December 2022.
- Gross Advonces stood of Rs.189009 Crores os on 3lstMorch 2023 os ogoinst Rs. 1,75,050 Crores os on 3l'tDecember 2022. Ihe Bonk hos evolved o policy of nol toking fresh exposures in stressed sectors, below hurdle roted occounis ond BB ond below roted occounts'The Bonk hos olso exiled from occounts in the stressed sectors, wherever
feosible. - Operoling Profil for quorter ended 3l'tMorch 2023 wos Rs'1882
Crores os ogoinst Rs. 1540 Crores for the quorter ended 3l'tDecember
2022, lhus increose of Rs. 342 Crores.
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- Net Profit for the quorter ended 3lst Morch 2023 stood of Rs.650
Crores ogoinst net profit of Rs.555 Crores for the quorter ended 3lst
December 2022.
e Totol lncome for quorter ended 3lst Morch 2023 stood ol Rs.6622 Crores os ogoinst Rs.6006 Crores for the lost quorter ended 3lst
December 2022.
- lnleresl income stood of Rs.Sl92 Crores for quorter ended 3lsr Morch 2023 os ogoinst Rs. 5055 Crores for quorter ended 3lst December
2022. - Non-lnlerestlncome stood of Rs.l430 Crores for quorter ended 3l't
Morch 2023 os ogoinst Rs.950 Crores for quorter ended 3lst
December 2022.
e NPA MANAGEMENT: Gross NPA os of 3lsr Morch 2023 stood of Rs.
14072 Crores with rotio of 7.44 % os ogoinst Rs. '14,333Crores with rotio
of 8.19 % os on 3lsf December 2022. GNPA hos reduced both in
quontum ond os o percentoge of Gross Advonces (Q-o-Q).
do Tolol Cosh Recovery for 3lst Morch 2023 wos Rs. 447 Crores os ogoinst
Rs. 467 Crores on 3lst December 2022.
du Nel NPA reduced to Rs.3266 Crores i.e., I .83% for quorter ended 3lst Morch 2023 os ogoinst Rs. 4,000 Crores i.e., 2.43% os on 3lst
December 2022. The NNPA reduced by 0.60 % (a-o-a).
- Provision Coveroge Rolio stood of 92.63 7" os on 3lst Morch 2023 os ogoinst 91.34 % os on 3l st December 2022.
- KEY FINANCIAL RATIOS ffoY):
6 Averoge Cost of Deposit is 4.13 % os on 3l .03.2023 os ogoinst 4.22%
os on 31.03.2022.
-
Averoge Yield on Advonces stood of 7.Bl % os on 31.03.2023 os
ogoinst 7 .38 % os on 31 .03.2022.
ob Nel lnteresl Morgin stood ol 2.93 % for os on 31.03.2023 os ogoinst
2.41% os on 31 .03.2022.
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GI{d q-6rsd' | os ogoinst 59 .43% os | |
db credit Deposit Rotio is72.457o os on 3l | ||
'Og'2023 | ||
on 3l .03.2022- | ||
> CAPITAT ADEQUACY RATIO (CRAR): | ||
os on 3l | ||
Porliculors | Bosel lll | Reg ulotory Req uiremenl |
5.50% | ||
CET I | 12.88% | |
7.00% | ||
Tier I | 12.88% | |
9.00%* | ||
Iotol CRAR | 16.10% | |
*Excluding CCB
:r*******t***:l******
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IOB - Indian Overseas Bank published this content on 12 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2023 08:17:20 UTC.