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Investor Presentation Q1FY2020-21 Investor Presentation Q1 FY2020-21 July 2020 1 Disclaimer • This presentation is confidential and may not be copied, published, distributed or transmitted. The information in this presentation is being provided by Bandhan Bank Limited (also referred to as ‘Bank’). By attending a meeting where this presentation is made, or by reading this presentation material, you agree to be bound by following limitations: • The information in this presentation has been prepared for use in presentations by Bank for information purposes only and does not constitute, or should be regarded as, or form part of any offer, invitation, inducement or advertisement to sell or issue, or any solicitation or any offer to purchase or subscribe for, any securities of the Company in any jurisdiction, including the United States and India, nor shall it, or the fact of its distribution form the basis of, or be relied on in connection with, any investment decision or any contract or commitment to purchase or subscribe for any securities of the Company in any jurisdiction, including the United States and India. This presentation does not constitute a recommendation by the Bank or any other party to sell or buy any securities of the Bank. This presentation and its contents are not and should not be construed as a prospectus or an offer document, including as defined under the Companies Act, 2013, to the extent notified and in force or an offer document under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009as amended. • The Bank may alter, modify, or otherwise change in any manner the contents of this presentation without obligation to modify any person of such change or changes. No representation warranty implied as to and reliance or warranty, express or implied, is made to, nor should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Neither Bank nor any of its affiliates, advisors or representatives shall have any responsibility or liability whatsoever (for negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. The information set out herein may be subject to updating, completion, revision, verification and amendment and such information may change materially. This presentation is based on the economic, regulatory, market and other conditions as in effect on the date hereof. It should be understood that subsequent developments may affect the information contained in this presentation, which neither Bank nor its affiliates, advisors or representatives are under any obligation to update, revise or affirm. • This presentation contains certain supplemental measures of performance and liquidity that are not required by or presented in accordance with Indian GAAP, and should not be considered as an alternative to profit, operating revenue or any other performance measures derived in accordance with Indian GAAP or an alternative to cash flow from operations as a measure of liquidity of the Bank. You must make your own assessment of the relevance, accuracy and adequacy of the information contained in this presentation and must make independent analysis as you may consider necessary or appropriate for such purpose. Any opinions expressed in this presentation are subject to change without notice and past performance is not indicative of future results. By attending this presentation you acknowledge that you will be solely responsible for your own assessment of the market position of the Bank and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the Bank ’s business. • This presentation contains forward‐looking statements based on the currently held beliefs and assumptions of the management of the Bank , which are expressed in good faith and, in their opinion, reasonable. Forward‐looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of the Bank or industry results, to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward‐looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding expansion plans and the benefits there from, fluctuations in our earnings, our ability to manage growth and implement strategies, competition in our business including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, our ability to win new contracts, changes in technology, availability of financing, our ability to successfully complete and integrate our expansion plans, liabilities, political instability and general economic conditions affecting our industry. Unless otherwise indicated, the information contained herein is preliminary and indicative and is based on management information, current plans and estimates. Industry and market‐related information is obtained or derived from industry publications and other sources and has not been verified by us. Given these risks, uncertainties and other factors, recipients of this document are cautioned not to place undue reliance on these forward‐looking statements. The Bank disclaims any obligation to update these forward‐looking statements to reflect future events or developments. • This presentation is not an offer for sale of securities in the UNITED STATES or elsewhere. 2 Key Highlights 3 Key Highlights Bandhan Bank - Overview Snapshot of operations Q1 FY 2020-21 Loan portfolio (on book + off book) for Q1 FY 20-21 grew 17.7% Y-o-Y Total Deposits ₹ 606.10 bn Deposits grew by 35.3% Y-o-Y in Q1 FY 20-21 Net NPA is at 0.48% Total Loans and 1 advances ₹ 743.31 bn Retail Deposit to Total Deposit at 77.7% Added 0.21 million Customer during the quarter with total customer base reaching to Net Interest Margin (NIM) 8.15%* 20.31 million (Micro Banking- 15.46 million, Non Micro– 4.57 million and Housing – 0.28 million) CASA Ratio 37.08% During the quarter, the Bank has made an accelerated additional provision of ₹ 7.5 billion on standard advances against the potential impact of COVID-19 to further strengthen the ROAA (%) 2.33%*# balance sheet ROAE (%) 14.12%*# 34 1,018 3,541 20.31 mn 61% 548 States & UTs Branches Banking Units Customers Micro loans Cities 485 90% ATMs 41,563 Employees Priority sector loans 1. On book + Off Book (including TLTRO ₹ 5 bn) *Annualised # After taking additional provision of ₹ 7.5 billion 4 Business Update 5 Although Q1’s tepid growth in each FY is seasonality induced ; this year witnessed a higher growth compared to the last FYs Quarterly growth comparison of Micro banking advances 26.8% 28.6% 24.9% 15.2% 9.3% 6.7% 3.6% 2.8% 1.8% 1.2% 1.4% 2.3% -9.7% 0.1% In spite of Covid-19, growth in Q1 FY 21 is higher than that of Q1 FY 18, Q1 FY 19 and Q1 FY 20. This trend is likely to continue and improve further in H2 FY 21. 6 Disbursement for the month of June is fast approaching pre-covid levels Micro-Banking MSME In ₹ Million 1,366 40,454 28,593 646 June'19 June'20 June'19 June'20 A calibrated expansion of MB asset book Only term loans are considered for with average ticket size of INR 46,305 disbursement Mortgage Other Retail Loans 1,606 10,643 957 4,101 June'19 June'20* June'19 June'20 • More than 50% disbursements are to new customers Growth is largely contributed by Gold loans • Includes portfolio purchased under IBPC and loan against term deposits amounting to INR 8,140 mn 7 Additional loan made available to Existing Micro Banking customers to support and grow their business 68% 5% % of existing borrowers to whom % of borrowers who are paying additional loan is disbursed Additional Loan is disbursed to only 5% of the existing borrowers whereas collection is coming from 68% of the borrowers Note: Share of borrowers is calculated on closing borrowers as on June’20 8 Micro Banking collections witnessed improvement in the month of June’20 Daily collection efficiency for June’20 70% 65% 65% 67% 56% 59% 58% 68% 66% 64% 50% 51% 52% 63% 59% 56% 58% 49% 52% 30% 37% 20% 15% 27% 18% Weekly collection efficiency for June’20 65% 67% 58% 51% 23% Week 1 Week 2 Week 3 Week 4 Week 5 9 Note: Week 5 is partial week ending on 30th June 2020 Collection Update 68% collection collection in value in value by end by June’20 end &June’20 70% as on & 70% as on 3rd rd 1 Micro July’3 July’ 20 20 as as against 0% 0% in Aprilin April 85% Collection Collection in value in value for June’20 for June’20as against as87% against in 87% in Mortgage 2 April’ 20 20 82% collection collection in value in value for June’20 for June’20against 65% against in 65% in April’ 3 SME 20April’ 20 (a) NBFC Others-100% collection against 100% in (a) NBFC Others-100% collection against 100% in April’ 20 NBFC April’ 20 4 (b) NBFC NBFCMFIMFI 100% 100% collection collection in value forin June’20value for June’20 against 51%against in 51% April’ in April’ 20 20 Overall 76% Collection Collection in value in value against against 71% in April’ 29% 20 in April’ 20 5 Bank 10 Focus on retail deposits and new customer acquisition has helped growth in total deposit balance in Quarter ended June 2020 Total Deposits 232 in ₹ Billion 339 224 307 Mar'17 Jun'17 Mar'18 Jun'18 606 437 432 571 Mar'19 Jun'19 Mar'20 Jun'20 11 New CASA account sourcing has crossed the pre- covid levels in the month of June’ 20 CASA Sourcing* in the month of June’20 84.1 78.2 Jun'19 Jun'20 No.
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