Bank On Us
Investor Presentation - July 2019 Contents
Q1 FY20 Highlights
Business Strategy
Performance Matrix
Next Generation Bank
About Us
2 Q1 FY20 Highlights
3 Key Quarterly Highlights - Q1 FY20
Rs Cr CASA Deposits Advances
Q1 FY20 19,719 Q1 FY20 81,723 Q1 FY20 63,652
Q1 FY19 17,883 Q1 FY19 72,488 Q1 FY19 56,164 10% 13% 13%
Net Interest Income Other Income PPOP
Q1 FY20 536 Q1 FY20 182 Q1 FY20 318
Q1 FY19 Q1 FY19 494 146 Q1 FY19 270
8% 25% 18%
4 Business Strategy
5 Our Strategy…
• Retail Banking Department to focus on retail loan & liability/investment products • Efficient branches & processing centers for faster processing of loans Expand Retail • Outbound Sales team Business • Continuous training of work force • Advanced technology for ease of customers • Invest in Brand Building
• Cluster based approach in industry hubs Strengthen SME Base • Sole Banker to SMEs for all banking needs • Dedicated vertical to penetrate SME banking
• Strategy & Road map in place to increase CASA funds Improve • Dedicated channels for mobilising CASA CASA • Centralized processes allowing branches to focus on garnering low cost funds • Continuous improvement/review of products
• Granularize loan portfolio to spread out risk Enhance Asset • Cautious approach on large corporate lending Quality • Special cell for monitoring non performing and restructured assets
• Focus on increased banking services for SME, Retail, NRI Improve share • Enhance treasury capabilities & increase branch strength of other • Expand POS/ATM Network and all digital channels Income • Leveraging technology to introduce modern & new-age banking products • Focus on 3rd Party/Investment products to generate more other income 6 …Performance in Line with Strategy
Strengthen Retail base
Rs. 19,070 Cr
INCREASE 25% YoY Expand Agriculture & SME Base
Rs. 23,987 Cr
INCREASE 14% YoY Improve CASA
Rs. 19,719 Cr
INCREASE 10% YoY
7 Shall continue to focus on Core Strengths
01 Increase … 02 Retail Business … 03 SME Business … CASA More Products Sole Banker
Retail SME Relationships Relationships
06 Sustainable… 05 Increase… 04 Improve Asset Quality Fee Income NIM
8 ...Increase Retail & SME Business
01 02 03
Retail Banking Mid Corporate Trade Finance Credit Credit Credit Processing Processing Processing Centre (RBCPC) Centre Centre (TFCPC) (MCCPC)
Loan Processing Loan Processing Loan Processing
• Home Loans, LAP, Business Loans, • MSME, Agri and loans upto Rs • Trade Finance, Merchant Vehicle Loans and loans • Entire Loan underwriting centralised • Enhanced risk management • KYC compliance and fraud prevention tools 9 …by focus on Housing Loans in Retail Retail Breakup Housing: Key Initiatives Rs Cr • Retail hub in Kochi to increase focus 19,070 18,458 on housing finance 16,857 16,061 4,864 • Dedicated Officers for marketing 15,200 4,633 Retail Loans 4,318 4,049 3,793 • Marketing initiative through TVCs 2,216 2,199 1,494 1,840 • Tailor made products for different 1,440 segments 4,444 4,721 2,995 3,329 3,838 3,673 3,951 3,440 3,474 3,415 April to June 2019 1,012 1,068 829 880 933 • Mortgage Loans Sanctioned: 2,702 Nos. 1,374 1,199 1,288 1,390 1,450 1,200 1,289 1,353 1,096 1,159 • Amount of Mortgage Loans Sanctioned: Rs. 866 Cr Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Housing Vehicle Loan Gold Others LAP Loan against deposit Business Loan 10 …becoming a Banker of Choice to MSMEs Average MSME Loan / Account SME Loan Book by Geography - Q1 FY20 Rs. Lakhs 52.4 53.2 53.8 49.9 Rest of 47.7 India 23% Kerala 45% South (Ex- Kerala) 32% Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 SME Highlights • Dedicated executive to ensure focus and better coordination with regions • Focused ‘Green Channel’ branches to drive faster loan growth to SMEs • Target to become banker of choice to SMEs thereby getting other business as well – liabilities, vehicle finance • Ongoing training (in-house as well as external) • Entire SME loan processing centralized at Kochi - Special focus on applications up to Rs. 2.00 Cr and standardized, uniform risk-based approach on Rs. 2.00 Cr to Rs. 25.00 Cr • Underwriting of loans through customized LOS (Loan Origination System) to ensure speedy, paperless processing with capabilities to integrate with Finacle, CIBIL, Rating Agencies etc. for seamless flow of data • Regional Offices freed from processing of loan applications so as to focus on new customer acquisition and 11 marketing …with the help of our Branch Network Total Branch Network +6% 822 834 850 854 870 870 FY15 FY16 FY17 FY18 FY19 Q1FY20 Total ATM Network +17% No of Branch Location* 1,320 1,382 1,406 1,400 Branches 1,200 1,287 Kerala 474 South India (Ex-Kerala) 253 Rest of India 143 Total 870 FY15 FY16 FY17 FY18 FY19 Q1FY20 *Map for illustration purpose only 12 … and our Experienced Employees Employee Addition Total Employees: 7,717* 33 105 7,619 7,717 99 137 7% 9% 27% 18% 39% < 1 Year 1-2 Years 2-5 Years Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Closing 5-10 Years > 10 Years *Full-time officers and clerks 13 Performance Matrix 14 Strong Deposit Franchise Deposits Q1 FY20 Q1 FY20 Q1 FY20 Rs Cr 66,090 15,632 81,723 11% 19% 13% 59,306 13,182 72,488 Q1 FY19 Q1 FY19 Q1 FY19 Retail Deposit Bulk Deposit & CD Total Deposit CASA Deposits Q1 FY20 Q1 FY20 Q1 FY20 Rs Cr 3,449 16,269 19,719 17% 9% 10% 2,946 14,937 17,883 Q1 FY19 Q1 FY19 Q1 FY19 Current Deposit Savings Deposit Total CASA 15 Core Deposits Growing... Breakup of Deposits Rs Cr 81,723 77,665 80,420 72,488 74,911 Term 43,426 45,011 46,372 41,561 42,498 Savings Current Others* 16,135 16,269 14,937 15,357 15,420 2,946 3,031 3,485 3,332 3,449 13,044 14,025 15,334 15,942 15,632 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 CASA Term Deposits In (%) +12% Rs Cr 24.6 24.2 46,372 24.7 24.3 24.1 41,561 Jun-18 Sept-18 Dec-18 Mar-19 Jun-19 Jun-18 Jun-19 *Others includes: Bulk, Certificates of Deposits 16 Break Up of Non-Resident Deposits NRI Deposits Deposit Type Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 Q1 FY20 Rs Cr 21,877 21,436 20,981 20,425 NRE SB 3,628 3,741 3,768 3,660 3,729 19,631 NRO SB 623 657 712 737 720 FCNR (B), RFC & 1,638 1,652 1,697 1,859 2,155 Others Low Cost NRI 5,889 6,050 6,177 6,257 6,604 Deposit (Sub Total) NRE Term Deposit 13,180 13,789 14,199 14,533 14,608 NRO Term Deposit 562 586 605 647 665 Total NRI Deposit 19,631 20,425 20,981 21,436 21,877 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 17 Composition of Loan Book Corporate Advances (Above Rs 25 Cr) Advances (Excl. Corporates) (Below Rs 25 Cr) Rs Cr Rs Cr +3% -4% +19% 21,111 21,436 42,200 43,057 19,976 20,149 20,595 38,953 36,188 37,264 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Segment wise Break Up of Total Loan Book Rs Cr 8,987 , 14% 20,595 , 32% Corporate Retail 15,000 , MSME 24% Agriculture 19,070 , 18 30% Composition of Loan Book Break up of Loan book Jun-18 Sept-18 Dec-18 Mar-19 Jun-19 Advances (Rs Cr) Number Value Number Value Number Value Number Value Number Value Less than 5 Cr 347,484 25,536 349,064 26,507 352,613 27,477 358,679 30,480 364,352 30,967 5 - 25 Cr 1,034 9,316 1,034 9,214 1,092 9,853 1,155 10,431 1,166 10,789 25 – 100 Cr 216 9,574 212 9,325 215 9,612 233 10,156 236 9,961 More than 100 Cr 53 9,186 52 9,721 52 10,192 51 9,437 49 8,781 Total 3,48,787 53,612 3,50,362 54,767 3,53,972 57,134 3,60,118 60,504 3,65,803 60,498 Gross NPA 7,930 2,552 8,072 2,646 7,757 2,930 7,606 3,132 8,258 3,154 Total Advances 356,717 56,164 358,434 57,413 361,729 60,064 367,724 63,636 374,061 63,652 19 Rating Profile of Corporate Loan Book Standard Advances above Rs. 100 Cr Standard Advances above Rs. 100 Cr External Rating SIB Internal Rating Rs Cr Rs Cr 0.0% 2.9% 2.7% 0.0% 0.0% 19.3% 18.1% 25.8% 25.4% 22.8% 32.8% 38.4% 40.2% 43.0% 45.2% 24.6% 21.7% 39.3% 31.4% 37.7% 32.2% 21.5% 33.5% 21.1% 30.1% 23.5% 30.3% 13.8% 15.0% 16.8% 21.1% 21.1% 22.2% 15.4% 19.5% 14.9% 12.8% 21.1% 26.2% 14.4% 13.9% 14.2% 13.9% 9.3% 8.4% 8.2% 13.3% 13.2% 5.0% 3.2% Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 AAA AA A BBB (incl. unrated 20 Key Focus : Retail, MSME & Agriculture Retail (including Gold) Rs Cr +25% 18,458 19,070 16,857 15,200 16,061 Retail Loans, Agriculture & MSME loans have grown by 19% (Y-o-Y) Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Agriculture (Incl. Agri Gold) MSME (Incl. MSME Gold) Rs Cr Rs Cr +14% +14% 8,673 8,987 15,069 15,000 18% of the 7,851 7,887 8,068 14,027 13,137 13,316 Agriculture & MSME Loans are backed by Additional Security by way of GOLD Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 21 Advances growing Across Regions +13% Rs Cr 63,636 63,652 60,064 56,164 57,413 18,574 18,353 17,932 16,646 17,049 19,325 19,570 17,924 16,771 16,996 25,737 25,729 22,747 23,368 24,208 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Rest of India South Ex- Kerala Kerala 22 Net Interest Income - Quarter Net Interest Income Cost of Deposits & Yield on Advances Rs Cr In % Cost Of Deposit Yield on Advances 536 494 506 520 499 9.50 9.50 9.64 9.51 9.69 6.06 6.08 6.16 6.30 6.32 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Jun-18 Sept-18 Dec-18 Mar-19 Jun-19 Net Interest Margin Cost of Funds & Yield on Funds In % In % Cost of Funds Yield on Funds 2.66 2.60 2.61 2.46 2.53 7.95 7.94 7.97 7.93 8.11 5.58 5.57 5.59 5.72 5.82 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Jun-18 Sept-18 Dec-18 Mar-19 Jun-19 23 Improving Operating Efficiency Employee Additions C/I Ratio In % 332 99 57.9 137 55.6 54.9 55.7 -33 54.7 -105 Jun -18 Sept -18 Dec -18 Mar -19 Jun -19 Jun -18 Sept -18 Dec -18 Mar -19 Jun -19 Business per Employee Business per Branch Rs Cr Rs Cr 17.6 163 15.7 15.7 15.5 15.9 147 148 149 150 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 24 Sustainable Other Income Total Other Income led by …. …Sustainable: Transaction Fees + Technology Rs Cr Rs Cr 236 120 108 187 182 91 95 94 146 158 71 86 59 60 65 32 35 37 33 29 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Transaction Fees Technology Profit on Sale of Investments, Forex & Others Investment Book as on June 2019 116 Rs Cr 14 Details Rs. Cr M Duration 88 80 37 13 63 10 HTM 16,467 5.54 55 11 26 9 43 AFS 4,213 2.84 30 39 65 49 27 16 13 HFT 12 6.63 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Total 20,692 5.18 Forex Other Profit on Sale of Investments 25 Break Up of Provisions Particulars (Rs Cr) Q1 FY19 Q4 FY19 Q1 FY20 For NPA & NPI 174 191 184 For Depreciation on Investments 67 40 -1 For Standard Assets -4 14 6 For Restructured Advances/Sacrifices & FITL -1 3 5 For Unhedged Forex Exposure 1 1 - Others -6 -30 11 Taxes 15 38 39 Total Provisions 246 257 244 26 Non-Performing Assets Gross NPA Net NPA 4.88 4.92 4.96 3.54 3.45 3.41 4.54 4.61 3.27 3.16 Jun-18 Sept-18 Dec-18 Mar-19 Jun-19 Jun-18 Sept-18 Dec-18 Mar-19 Jun-19 Gross NPA Movement Net NPA Movement Rs Cr Jun-18 Sept-18 Dec-18 Mar-19 Jun-19 Rs Cr Jun-18 Sept-18 Dec-18 Mar-19 Jun-19 Opening 1,980 2,552 2,646 2,930 3,132 Opening 1,416 1,814 1,785 2,100 2,164 Additions 609 213 659 368 241 Additions 505 165 555 305 195 Deductions 37 119 375 166 219 Deductions 107 194 240 241 224 Closing 2,552 2,646 2,930 3,132 3,154 Closing 1,814 1,785 2,100 2,164 2,135 27 Stressed Assets - QoQ Gross Basis Net Basis Rs Cr Q4 FY19 Q1 FY20 Q4 FY19 Q1 FY20 NPA 3,132 3,154 2,164 2,135 Restructured Advances 214 292 214 292 Total Stressed Assets 3,346 3,446 2,378 2,427 Advances 63,636 63,652 62,664 62,658 Stressed Assets as % of Advances 5.3% 5.4% 3.8% 3.9% 28 Restructured Advances Breakup Restructured Advances Rs Cr 292 214 200 20 22 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Rs Cr Sector Breakup - June 2019 Security Receipts Outstanding as on June 2019 Book Value Provision NAV 7.2% Construction EPC 1,285 279 1,006 Others (on Account of Kerala Floods and MSME Restructuring) 92.8% 29 Restructured Asset Book Rs Cr Restructured Advances Increase in Fresh Decrease in Slippages to Closing Opening Existing Addition Balance NPA Balance Balance Infra Roads ------ Construction - EPC 21 - - - 21 Others- under MSME 32 74 1 - - 107 GST Scheme Others - Under Kerala 161 - 3 - - 164 Floods Total 214 74 4 - - 292 30 Fresh Slippages/Advance Ratios Retail Slippage Agriculture Slippage 1.15% 0.40% 0.42% 0.39% 0.20% 0.20% 0.14% 0.22% 0.04% 0.11% Jun-18 Sept-18 Dec-18 Mar-19 Jun-19 Jun-18 Sept-18 Dec-18 Mar-19 Jun-19 MSME Slippage Corporate Slippage 1.72% 2.38% 0.80% 1.54% 0.76% 0.75% 0.88% 0.53% 0.09% 0.12% Jun-18 Sept-18 Dec-18 Mar-19 Jun-19 Jun-18 Sept-18 Dec-18 Mar-19 Jun-19 Overall Slippage 1.07% 1.09% 0.57% 0.35% 0.38% Jun-18 Sept-18 Dec-18 Mar-19 Jun-19 31 Capital Composition BASEL III In % 12.6 12.2 12.1 12.2 11.8 2.1 2.1 2.6 2.1 2.5 10.1 10.0 9.7 10.0 9.7 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Tier 2 Tier 1 32 Profit & Loss Overview - Q1 FY20 Rs Cr Q1 FY20 Q1 FY19 Y-o-Y (%) Q4 FY19 Q-o-Q (%) Net Interest Income 536 494 8% 499 7% Other Income 182 146 25% 236 -23% Total Income 718 640 12% 735 -2% Operating Expenses 400 371 8% 407 -2% Operating Profit 318 270 18% 328 -3% Provisions (Ex-Tax) & 205 232 -11% 219 -6% Contingencies Profit Before Tax 113 38 196% 108 4% Provision for Tax 39 15 161% 38 4% Profit After Tax 73 23 218% 71 4% 33 Balance Sheet Overview - Q1 FY20 Rs Cr Q1 FY 20 Q1 FY 19 Y-o-Y (%) Q4 FY 19 Q-o-Q (%) Capital & Liabilities 93,804 83,328 12.6% 92,279 1.7% Capital 181 181 0.0% 181 0.0% Reserves and Surplus 5,325 5,085 4.7% 5,154 3.3% Deposits 81,723 72,488 12.7% 80,420 1.6% Borrowings 5,003 4,277 17.0% 4,903 2.0% Other Liabilities & Provisions 1,572 1,297 21.2% 1,621 -3.0% Assets 93,804 83,328 12.6% 92,279 1.7% Cash & Balances with RBI 3,607 3,397 6.2% 3,662 -1.5% Balances with Banks 1,357 353 284.3% 1,161 16.9% Investments 20,249 18,457 9.7% 19,081 6.1% Advances 62,658 55,444 13.0% 62,694 -0.1% Fixed Assets 790 679 16.4% 709 11.5% Other Assets 5,143 4,998 2.9% 4,973 3.4% Business (Advances + Deposits) 144,381 127,932 12.9% 144,056 0.2% Current Accounts 3,449 2,946 17.1% 3,332 3.5% Savings Accounts 16,269 14,937 8.9% 16,135 0.8% CASA Ratio 24.1% 24.7% - 24.2% - 34 Key Metrics - Quarterly FY18 FY19 FY20 Particulars Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Net Interest Margin (NIM) 2.80% 2.95% 2.88% 2.73% 2.60% 2.61% 2.66% 2.46% 2.53% CRAR Basel III 12.1% 11.7% 12.5% 12.7% 12.2% 12.1% 11.8% 12.6% 12.2% RoAA (Annualized) 0.6% 0.02% 0.6% 0.6% 0.1% 0.3% 0.4% 0.3% 0.3% Provision Coverage 44.6% 44.1% 49.4% 41.2% 39.1% 41.9% 41.2% 42.5% 45.1% CASA 25.2% 24.6% 24.9% 23.8% 24.7% 24.5% 24.3% 24.2% 24.1% Gross NPA 3.61% 3.57% 3.40% 3.59% 4.54% 4.61% 4.88% 4.92% 4.96% Net NPA 2.54% 2.57% 2.35% 2.60% 3.27% 3.16% 3.54% 3.45% 3.41% Book Value per Share (Rs.) 27.7 27.6 28.4 29.0 29.1 29.0 29.5 29.5 30.4 EPS (Rs.) (Annualized) 2.3 0.1 2.5 2.6 0.5 1.5 1.8 1.6 1.6 Branches (incl. ECs) - Kerala 493 494 494 496 496 496 494 503 503 - South India (Ex-Kerala) 259 260 261 264 266 266 266 270 270 - Rest of India 149 149 149 149 149 150 150 150 150 Total Branches 901 903 904 909 911 912 910 923 923 35 Next Generation Bank 36 Present across Customer Touch Points Traditional & Alternate Channels SIB Mirror + Mobile Banking ATMs Branches 1,400 ATMs across India 870 Branches & 53 Extension Counters Internet Banking Point of Sale 37 Technology Initiatives Mirror + is an all in one stop for your mobile banking needs, with additional features as IMPS (24/7) fund transfer, NEFT fund transfers, and full access to account information, and much more SIBerNet is a suite of comprehensive internet banking services positioning SIB as a technology-driven bank offering superior services to retail customers with added security like OTP, FRM Solution. Retail branches now interconnected with single-window service and providing real-time online, real-time transactions to customers. Instant account opening facility through Quick Account Opening, TAB Account Opening supported by e-KYC. SIB offers Visa, MasterCard, and RuPay debit cards with online access to users for secure domestic and international transactions Centralized Processing Center allows enhanced risk management and customer creation with complete KYC compliance and fraud prevention tools 38 Personal Banking: Technology Banking Active Internet Users Internet Transaction Volume Internet Transaction Value (000s) (000s) Rs Cr 8,330 1,027 1,060 7,961 948 962 929 6,989 6,185 6,451 390 403 313 332 354 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Mobile Transaction Volume Mobile Transaction Value (000s) Rs Cr +223% +118% 8,653 4,918 7,437 4,241 5,549 3,401 2,657 3,632 2,257 2,682 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 39 Personal Banking: Debit Cards No of Active Debit Cards Debit Card Transaction Volumes In Millions In Millions 37.6 38.1 38.3 36.8 34.7 3.9 4.0 4.3 3.8 2.7 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Debit Card Transaction Value Rs Cr 7,761 7,512 7,573 7,321 7,508 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 40 About Us 41 Leadership Team Mr. V G Mathew, MD & CEO . Post Graduate in Physics and CALLB with over 40 years of experience . Joined SIB in January, 2014 as Executive Vice President and appointed as MD & CEO in October, 2014 . Significant experience in Retail & Corporate Credit, Technology and Risk Management . Joined SBI as a probationary officer in the Ahmadabad Circle in 1978 and was Chief General Manager before joining SIB . The major assignments handled by Mr. Mathew in SBI are . Dy. General Manager (IT Networking Project) . Dy. General Manager and Branch Head, (Overseas Branch, Bangalore) . General Manager, (Corporate Accounts Group-Mumbai Branch) . Chief General Manager (Risk Management) . Chief General Manager (Corporate Accounts Group) . He has served on various committees at Corporate Center of SBI such as Wholesale Banking Credit Committee, Investment Committee, Corporate Centre Credit Committee and was a Director on the Board of SBI Macquarie Infrastructure Trustee (P) Limited 42 Leadership Team Mr. Thomas Joseph K, EVP (Operations) • Bachelors Degree in Engineering and Diploma in Management & CAIIB • He is associated with SIB since 1984 and heads Departments such as Risk Management, Technology, Marketing, Corporate Financial Management, Human Resource and Inspection & Vigilance • He was Head of Credit handling a portfolio of Rs.40,000 crores and was instrumental in the execution of the Retail Strategy of the Bank which saw significant growth in the MSME & Agriculture Sectors Mr. G Sivakumar, EVP (Credit) • Postgraduate in Chemistry and holds Masters Degree in Business Administration & CAIIB • He heads Credit and Legal Departments • He has over 35 Years of Experience in Domestic and International Banking in India and Abroad • Before joining SIB, he was the General Manager and Head of Private Equity Vertical in State Bank of India where he was responsible for Private Equity and Venture Capital Investments made by the Bank • He was also a nominee director on the Board of Directors of four companies and Investment Committee of more than ten Alternative Investment Funds Mr. K N Reghunathan, EVP (Treasury) • Commerce Graduate & CAIIB • He is responsible for Treasury Operations of the Bank along with International Banking Division • Before joining SIB, he was associated with Union Bank of India and was General Manager of Treasury and International Banking Division. • He was the Bank’s nominee on the Board of FIMMDA and SBI Global Factors and Member of the Advisory Committee of Metropolitan Stock Exchange of India, IDFC Investment Fund, TATA Growth Fund, TATA Innovative Fund, India Advantage Fund I & II 43 Management Team Mr. Benoy Varghese (Country Head - Wholesale Banking) • Bachelors Degree in Arts & Masters Degree in Business Administration and CAIIB Mr. Raphael T.J., Chief General Manager (Chief Information Officer) • Bachelors Degree in Commerce, Masters in EXIM, Diploma in Financial Management and CAIIB Mr. John Thomas (Country Head - Business Development) • Bachelors Degree in Science, MBA and CAIIB Mr. Shelly Joseph, General Manager • Masters Degree in Commerce & CAIIB Mr. Sanchay Kumar Sinha (Country Head - Retail Banking) • Bachelor’s degree in Arts, Post Graduate Certificate in Business Management (XLRI) Mr. Chandrasekhar Mukherjee, Chief People Officer • Bachelors Degree in Commerce • Post Graduation Diploma in Personnel Management & Industrial Relation 44 Management Team Mr. Anto George T, General Manager (Head of Inspection & Vigilance Department and Chief of Internal Vigilance) • Bachelors Degree in Arts & Post Graduate Diploma in Computer Application and MBA in HR Management • Certification in RDBMS & Oracle 8i and JAIIB Mr. Reddy N J, General Manager • Masters Degree in Commerce & LLB Mrs. Chithra H, Chief Financial Officer • Bachelors Degree in Commerce • Associate member of the Institute of Chartered Accountants of India • Certified Associate of the Indian Institute of Banking & Finance Mr. Sibi P M, Chief Compliance Officer • Bachelor of Technology • Certified Associate of Indian Institute of Banking & Finance • FRM and GARP Mr. Jimmy Mathew, Company Secretary • Bachelors Degree in Commerce, Associate Member of Institute of Company Secretary of India and Institute of Cost & Management Accountants of India. Also a Certified Associate of the Indian Institute of Banking & Finance 45 Safe Harbor No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein. The information contained in this presentation is only current as of its date. Certain statements made in this presentation may not be based on historical information or facts and may be “forward looking statements”, including those relating to the Company’s general business plans and strategy, its future financial condition and growth prospects, and future developments in its industry and its competitive and regulatory environment. Actual results may differ materially from these forward-looking statements due to a number of factors, including future changes or developments in the Company’s business, its competitive environment and political, economic, legal and social conditions in India. This communication is for general information purpose only, without regard to specific objectives, financial situations and needs of any particular person. This presentation does not constitute an offer or invitation to purchase or subscribe for any shares in the Company and neither any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. The Company may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify any person of such revision or changes. This presentation can not be copied and/or disseminated in any manner. 46 For further information, please contact: Company Investor Relations Advisors The South Indian Bank Ltd. Strategic Growth Advisors Pvt. Ltd. CIN – L65191KL1929PLC001017 CIN - U74140MH2010PTC204285 Mrs. Chithra H, CFO Mr. Shogun Jain / Mr. Sagar Shroff Mr. Vijith S, Dy. General Manager [email protected] / Mr. Abhishek Nalwaya [email protected] [email protected] +91 77383 77756 / +91 98205 19303 [email protected] abhisheknalwaya@@sib.co.in www.sgapl.net www.southindianbank.com 47