FINANCIAL RESULTS FOR THE HALF

YEAR ENDED 30TH SEPTEMBER 2009.

ANALYST PRESENTATION
LOTUS SUITE,
HOTEL TRIDENT.
6TH November 2009

Contents

1. Bank an Overview
2. Performance Highlights
3. Key Initiatives

BANK WITH A STRONG PRESENCE AND LARGE ASSET BASE

India's third largest

bank based on
number of branches
(3546)
Deposits

Advances

Rs.1,51,506 Crore

Rs.92,212 Crore

Investments

Capital Adequacy
(Basel II)

30th SEPTEMBER 2009

Rs.57,178.11 Crore

12.23 %

Net NPAs
0.69 %

NPA Coverage-cumProvision
74.28%

BANK ESTABLISHED ON 21ST DECEMBER,1911

CENTRAL BANK OF INDIA : GEOGRAPHICAL SPREAD

497
(14%)

949
(27%)

749
(21%)

125
(3%)

744
(21%)

482
(14%)

TOTAL NUMBER OF BRANCHES :3546

CENTRAL BANK OF INDIA : A PAN INDIA PRESENCE

Total Branches
Rural

3546
1379

Branches Segmentation as of 30.06.09

Semi Urban

889

17%
Urban

39%

680

19%
Metropolitan

598

25%
ATMs

400

Rural Semi Urban Urban Metropolitan

CBS Branches

1211

CENTRAL BANK OF INDIA SHAREHOLDING PATTERN

as on 30th SEPTEMBER 2009

6.42

Government of
India
FI s

0.80

FII s

0.23

Insurance Cos.

1.32

3.86

Shareholding

80.20

7.17

Other Body Corp.

Public
Others

Government of India
FI s
FII s
Insurance Cos.
Other Body Corp.
Public
Others

80.20
7.17
3.86
0.23
0.80
6.42
1.32
6

INCREASING SHAREHOLDERS VALUE

Share Capital

Rs. 1321.14 cr

No. of Shares

40.414 cr
Sept09

Sept08

4980.84

4055.15

100.55

80.54

149.91

130.62

Earnings per Share

(Rs.)

13.28

2.83

Return on Equity (%)

14.29

4.76

Return on Assets (%)

0.77

0.25

Net Worth (Rs. cr)

Book Value per Share
(Rs.)*
*Excluding Revaluation Reserves

Book Value per Share

(Rs.)#
#Including Revaluation Reserves

Contents

1. Bank an overview
2. Performance Highlights
3. Key Initiatives

BUSINESS GROWTH

Deposits
Loans &
Advances

Total
Business
Investments

CD Ratio

30th Sept09

30th Sept08

1,51,506

(Rs.Crore)

YoY
Growth
(%)

FY
(2008-09)

1,16,365

30.20

1,31,272

15.41

92,212

80,827

14.09

86,740

6.30

2,43,718

1,97,192

23.59

2,18,012

11.79

64.40

44,445

28.64

---

66.10

---

57,178.11

60.86

34,778.76

69.50

Growth over
Mar09 (%)

DEPOSIT GROWTH - SEGMENT WISE

30th Sept09 30th Sept08 Mar09

(Rs.Crore)

% Growth
over Mar09

Current Deposits

10,248
(6.76%)

10,601
(9.11%)

10,112
(7.70%)

1.34

Savings Deposits

36,502
(24.09%)

31,695
(27.23%)

33,680
(25.65%)

8.37

Total CASA Deposits

46,750
(30.85%)

42,296
(36.34%)

43,792
(33.35%)

6.75

Term Deposits

1,04,756
(69.15%)

74,069
(63.66%)

87,480
(66.65%)

19.74

Total Deposits

1,51,506

1,16,365

1,31,272

6.52

6.80

6.90

Cost of Deposits (%)

15.41
--10

LOANS & ADVANCES

30th
Sept09
Total Loans &
Advances

92,212

30th
Sept08

(Rs.Crore)

YoY Growth FY
Growth over
(%)
(2008-09) Mar09 (%)

80,827

14.09

86,740

6.30

-Corporates
& Others

57,793
(62.68%)

54,580
(67.53%)

5.886

58,950
(67.96%)

(1.96)

-SME

10,062
(10.91%)

5796
(7.17%)

73.60

6002
(6.92%)

67.64

-Agriculture

14,532
(15.76%)

11,816
(14.62%)

22.98

13,669
(15.75%)

6.31

-Retail

9825
(10.65%)

8635
(10.68%)

13.78

8119
(9.36%)

21.01

4845

4252

13.94

4422

9.56

957

766

24.93

857

11.66

4023

3617

11.22

2840

-Housing
-Education
-Others

41.65 11

INVESTMENTS

30th
Sept09
Total
Investments

30th
Sept08

57,178.11 34,778.76

YoY
Growth(%)

(Rs.Crore)

FY
Growth
(2008-09) over
Mar09 (%)

64.40

44,445

28.64

Trading
Income

430

(44)

1077.27

410

4.87

Yield on
Investments (%)

6.79

7.07

---

6.89

---

92.36

86.07

---

88.73

---

SLR
Portfolio

12

INVESTMENTS : QUALITY
30th
Sept09
SLR

% of
30th
Total
Sept08
Portfolio

(Rs.Crore)

% of Total
Portfolio

52,809.17

92.35

29,933.73

86.07

Held For Trading

Available For Sale

18795.35

35.60

4713.67

15.74

Held To Maturity

34013.82

64.40

25220.06

84.26

4368.94

7.65

4845.03

13.93

57,178.11

100

34,778.76

100

AFS to HTM

1178

2.03

HTM to AFS

32.15

0.05

Non-SLR
Total
Shifting of Securities

13

KEY INDICATORS
Sept09
(Q2)

Sept08
(Q2)

30th Sept09
(H1)

30th Sept08
(H1)

Return on Avg.
Assets (%)

0.80

0.31

0.77

0.25

Earnings per
Share (Rs.)

7.76

2.37

13.28

2.83

Return on
Equity (%)

7.72

2.95

14.28

4.76

14

PROFITABILITY INDICATORS

(Rs.Crore)

Sept09
(Q2)

Sept08
(Q2)

QoQ
Growth
(%)

30th
Sept09
(H1)

30th
Sept08
(H1)

YoY
Growth
(%)

Gross Income

3384.12

2768.89

22.22

6580.18

5341.42

23.19

Gross
Expenses

2870.32

2474.73

15.99

5705.45

4825.68

18.23

Operating
Profit

513.81

294.15

74.67

875.00

515.74

69.66

Net Profit

313.93

96.15

226.49

581.00

155.00

274.84

NIM (%)

1.78

2.35

---

1.81

2.05

Net Interest
Income

573.96

646.29

(11.19)

1151.14

1123.10

2.49

Non Interest
Income

408.60

94.49

332.43

802.18

255.73

213.68

Non Interest
Income(adj)

511.23

95.88

433.20

1009.23

276.42

265.10

---

15

PROFITABILITY INDICATORS

% Annualised

Sept09
(Q2)

Sept08
(Q2)

30th Sept09 30th Sept08 FY

(H1)
(H1)
2008-09

Yield on
Advances

9.92

10.53

9.97

10.15

10.19

Yield on
Investments

6.78

7.25

6.79

7.07

6.89

Cost of Deposits

6.54

6.86

6.52

6.80

6.90

Cost to Income
Ratio

47.71

60.29

55.22

62.60

56.44

Non-Interest
Income/Total
Income

12.19

3.41

12.07

4.78

9.28

Cost of Funds

6.57

6.94

6.55

6.84

6.94

Yield on Funds

8.88

9.74

8.94

9.28

9.24
16

PRODUCTIVITY INDICATORS
Sept09
(Q2)

Business per Employee

Sept08
(Q2)

YoY
Growth
(%)

30th
Sept09
(H1)

30th
Sept08
(H1)

(Rs.Crore)

YoY
Growth (%)

7.10

5.55

27.92

6.88

5.47

25.77

Business per Branch

64.25

55.56

15.64

62.30

54.75

13.78

Gross Profit per

Employee (in lakhs)

6.40

3.47

84.43

5.45

3.04

79.27

57.96

34.75

66.79

49.34

30.46

61.98

3.91

1.13

246.30

3.62

0.92

293.47

35.41

11.36

211.80

32.75

9.18

256.75

Gross Profit per

Branch (in lakhs)
Net Profit per
Employee (in lakhs)
Net Profit per Branch
(in lakhs)

17

OTHER INCOME

Sept09
(Q2)

Sept08
(Q2)

YoY
Growth
(%)

(Rs.Crore)

30th
Sept09
(H1)

30th
Sept08
(H1)

FY
2008-09

Commission,
Exchange and
Brokerage

143.19

107.97

32.62

252

207

446

Trading Profit On
Investments

159.16

(54.91)

389.85

430

(44)

410

Recovery In
Written Off
Accounts

49.17

23.17

112.55

83

33

84

Other Income

57.08

18.26

212.60

37

60

130

408.60

94.49

332.10

802

256

1070

Total

18

NPA MOVEMENT

(Rs.Crore)

Sept09

Sept08

Gross NPAs:Opening on 1st April

2443

2470

Add:Additions

368

232

2.Upgradation

111

187

3.Recoveries

144

149

Gross NPAs

2430

2256

Gross Credit

92212

80827

Gross NPA as % of GBC

2.64

2.79

Net NPA

625

926

90407

79496

0.69

1.17

Less:Deductions
1.Write Off

Net Advances
Net NPA as % of Net Advances

19

PROVISIONS

(Rs.Crore)

Sept09
(Q2)

Sept08
(Q2)

30th
Sept09
(H1)

30th
Sept08
(H1)

135.57

91.46

255.88

98.63

33.75

83.04

98.27

43.60

Standard Assets

33.08

44.84

Depreciation on
Investments

14.07

(9.09)

(86.43)

172.19

Others (Frauds,
Restructured Adv. etc.)

16.49

(0.48)

26.29

1.01

199.88

198.01

294.01

360.27

Taxation
NPA (excluding adhoc
provision for Standard
Assets)

Total

20

RESTRUCTURED ASSETS

(Rs.Crore)

Sr. No.

Details of Restructured Accounts

Accounts

Amount

Amt of
Provisions

March 2008-09

34861

2013.15

46.18

April-June 2009

1461

1664.32

5.78

July-Sept 2009

1443

351.82

10.40

Total

37765

4029.29

62.36

21

CAPITAL ADEQUACY RATIO (%)

30th Sept09 30th Sept08

FY 2008-09

Basel I

CRAR

11.56

9.85

11.75

Tier I

6.40

5.25

6.24

Tier II

5.16

4.60

5.51

CRAR

12.23

N.A.

13.12

Tier I

6.77

N.A.

6.97

Tier II

5.46

N.A.

6.15

Basel II

22

Contents

1. Bank an overview
2. Performance Highlights
3. Key Initiatives

23

KEY INITIATIVES DURING QUARTER

CORPORATE BANKING
MIBOR based Loans
Foreign Currency FCNR(B) Loans.

Line of Credit for Equipment Purchase

Channel Finance
Vendor Finance
CP Linked Short Term Loan
TREASURY AND INVESTMENT
Operation in Currency Futures & Interest Rate Futures
IPO/FPO Financing.

Underwriting of Equity Loans.

CEFICUS under conversion into Capital Market Advisory Services.

24

KEY INITIATIVES DURING QUARTER

TECHNOLOGY INITIATIVES
Phase I of CBS completed. 80% of business covered.

SMS Alerts for all account holders

Prepaid Gift Card
Retail Sale of Gold Loans
Auto Debt Facility introduced for payment of bills.
Pre-Activated ATM Cards
3D secure code for online credit transactions.
Internet Banking

To install 500 onsite ATMs

25

KEY INITIATIVES DURING QUARTER

PRIORITY SECTOR
IT based Financial Inclusion.
Nodal Bank for Patna District.

Nodal Bank for NREGA in Rajasthan

MoU with Govt. of Gujarat.
Tie-up with various Corporate houses for direct financing of farmers
whose produce is purchased by them.
RETAIL
Launched Cent Doctor for financing registered Medical
Practitioners.

Bank has been enrolled as one of the Point of Presence for New
Pension Scheme by PFRDA.
Centralised Credit Processing Centre for Retail Loans.
26

THANK YOU

27