~ ~ . ~SOUTH ~INDIAN Bani<
DEPT: SECRETARIAL REF No. SEC/ST EX.STT/
Dear Sirs,
Sub: Presentation to Investors and Analysts
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed the Investor Presentation to Investors and Analysts in respect of financial results of The South Indian Bank Limited for the quarter/year ended 31st March, 2019.
The aforesaid information is also being hosted on the website of the Bank www.southindianbank.com.
Kindly take the same in your records.
Encl: a.a.
The South Indian Bank Ltd., Regd. Office: Thrissur, Kerala · h · 680 001 Kerala (Tel) 0487-2420 020 (Fax) 91 487-244 2021. Heade-matl: Office: stbcorpora S.I.B.tH@ouseb, e Sl .co. T.B,n. ,RColaNd, . ~~; ~1oKE~gJg~~~~0-1 017, T~ll free (india) 1800-1 02-9408,' 1800-425-1809 (BSNL) .. www.southindianbank.com Investor Presentation May - 2019 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.
2 Contents
Q4 FY19 Highlights
Business Strategy
Performance Matrix
Next Generation Bank
About Us
3 Q4 FY19 Highlights
4 Key Quarterly Highlights- Q4 FY19
Rs Cr CASA Deposits Advances
Q4 FY19 19,467 Q4 FY19 80,420 Q4 FY19 63,636
Q4 FY18 17,142 Q4 FY18 72,030 Q4 FY18 55,109 14% 12% 15.5%
Net Interest Income Other Income PPOP
Q4 FY19 499 Q4 FY19 236 Q4 FY19 328
492 Q4 FY18 Q4 FY18 179 Q4 FY18 311
1% 32% 5%
5 Business Strategy
6 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 • Alternate channels for mobilising CASA CASA • Centralized processes allowing branches to focus on garnering low cost funds • Continuous improvement/review of products
Enhance • Granulize loan portfolio to spread out risk Asset Quality • Cautious approach on large corporate lending • Special cell for monitoring non performing and restructured assets
Improve • Focus on increasing banking services for SME, Retail, NRI share of other • Enhance treasury capabilities & increase branch strength Income • Expand POS/ATM Network and all digital channels • Leveraging technology to introduce modern & new-age banking products • Focus on 3rd Party/Investment products to generate more other income 7 …Performance in Line with Strategy
Strengthen Retail base
Rs. 18,458 Cr
INCREASE 33.9% YoY Expand Agriculture & SME Base
Rs. 23,742 Cr
INCREASE 13.7% YoY Improve CASA
Rs. 19,467 Cr
INCREASE 13.6% YoY
8 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
9 ...Increase Retail & SME Business
01 02 03
Cluster Centralized Retail Hub Branches Marketing & • Home Loan Processing • Auto Loan • 17 Clusters Centre (Kochi) • MSME Loan • Specific Cluster • LAP for Forex
Loan Processing Retail Business Branch Profitability
• Entire Loan underwriting • Penetrate further in the • Focus on particular centralised existing set of Customers geographies and open • Enhanced risk management additional branches • KYC compliance and fraud • Faster Sanctions prevention tools • Improve Branch Profitability
10 …by focus on Housing Loans in Retail
Retail Breakup Housing: Key Initiatives
Rs Cr +34% • Retail hub in Kochi to increase focus 18,458 on housing finance 16,857 2,667 16,061 • Dedicated Officers for marketing 15,200 1,780 1,706 1,289 Retail Loans 13,787 1,668 1,200 1,159 1,543 1,096 • Marketing initiative through TVCs 4,660 1,045 4,816 • Tailor made products for different 4,660 4,394 segments 3,826 2,993 2,903 2,809 2,993 2,446 2,216 1,840 January to March 2019 1,494 1,357 1,440 • Mortgage Loans Sanctioned : 3,428 Nos. 4,633 3,571 3,793 4,049 4,318 • Amount of Mortgage Loans Sanctioned: Rs. 1,346 Cr Mar-18 Jun-18 Sep-18 Dec-18 Mar-19
Others Service & Traders Gold LAD* Manufacturing Housing
*LAD = Loan against deposits 11 …becoming a Banker of Choice to SMEs
Average SME Loan / Account SME Loan Book by Geography – Q4 FY19 Rs. Lakh 37.98 Rest of India 30.30 31.33 29.30 24% 26.50 Kerala 44%
South (Ex- Kerala) 32%
Mar-18 Jun-18 Sep-18 Dec-18 Mar-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 at two centers- 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 software called LOS (Loan Origination System ) to ensure speedy, paperless processing with capabilities to integrate with external sources like 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 marketing 12 …with the help of our Branch Network
Total Branch Network
+1.8%
854 870 794 822 834 850
FY14 FY15 FY16 FY17 FY18 FY19
Total ATM Network
+7.1% No of Branch Location* 1,320 1,382 1,406 Branches 1,200 1,287 1,000 Kerala 474 South India (Ex-Kerala) 253 Rest of India 143 Total 870 FY14 FY15 FY16 FY17 FY18 FY19
*Map for illustration purpose only 13 … and our Experienced Employees
Employee Addition Total Employees: 7,822*
137 33 7,822
7,287 99 332
12% 26% 7%
17%
38%
< 1 Year 1-2 Years 2-5 Years Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Closing 5-10 Years > 10 Years
*Full-time officers and clerks. 14 Performance Matrix
15 Strong Deposit Franchise
Core & Non-Core Deposits
Mar-19 Mar-19 Mar-19 Rs Cr 64,478 15,942 80,420
11.7% 11.4% 11.7%
57,712 14,317 72,030 Mar-18 Mar-18 Mar-18
Core Deposit Non-Core Deposit Total Deposit
CASA Deposits Dec-18 Mar-19 Mar-19 Rs Cr 3,332 16,135 19,467
9.0% 14.6% 13.6%
3,058 14,084 17,142 Mar-18 Mar-18 Mar-18
Current Deposit Savings Deposit Total CASA
16 Core Deposits Growing...
Breakup of Deposits CASA Deposit +12% Rs Cr Rs Cr 80,420 +14% 77,665 74,911 19,467 72,030 72,488 17,142 3,332 3,058
14,084 16,135 45,011 43,426 42,498 40,408 41,561 Mar-18 Mar-19
Current Savings
Term Deposits 15,420 16,135 Rs Cr 14,084 14,937 15,357 +11% 3,485 3,332 45,011 3,058 2,946 3,031 40,408
14,480 13,044 14,025 15,334 15,942
Mar-18 Jun-18 Sep-18 Dec-18 Mar-19
Mar-18 Mar-19 Term Savings Current Others*
*Others includes: Bulk, Certificates of Deposits 17 NRI Deposits Growing…
NRI Deposits CASA Rs Cr In (%) +14%
20,981 21,436 20,425 19,631 18,855 23.8 24.7 24.6 24.3 24.2
Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sept-18 Dec-18 Mar-19
18 Break Up of Non Resident Deposits
Deposit Type (Rs Cr) Q4-FY 18 Q1-FY 19 Q2-FY 19 Q3-FY 19 Q4-FY 19
NRE SB 3,335 3,628 3,741 3,768 3,660
NRO SB 618 623 657 712 737
FCNR (B), RFC & Others 1,634 1,638 1,652 1,697 1,859
Low Cost NRI Deposit (Sub 5,587 5,889 6,050 6,177 6,257 Total)
NRE Term Deposit 12,704 13,180 13,789 14,199 14,533
NRO Term Deposit 564 562 586 605 647
Total NRI Deposit 18,855 19,631 20,425 20,981 21,436
19 Composition of Loan Book
Corporate Advances (Above Rs 25 Cr) Retail Advances Rs Cr Rs Cr +5% +22%
20,438 21,111 21,436 42,200 19,976 20,149 37,264 38,953 34,671 36,188
Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19
Segment wise Break Up of Total Loan Book Rs Cr 8,673 , 21,436 , 13.63% 33.69%
Corporate 15,069 , Retail Ex Gold 23.68% Gold SME Agriculture
2,216 , 16,242 , 20 3.48% 25.52% Composition of Loan Book
Break up of Loan book
Mar-18 Jun-18 Sept-18 Dec-18 Mar-19 Advances (Rs. Cr) Number Value Number Value Number Value Number Value Number Value
Less than 5 Cr 7,15,160 21,816 7,15,520 22,529 7,17,750 23,331 723,279 25,576 738,786 27,802
5 - 25 Cr 3,753 10,147 3,798 10,564 3,898 10,892 4,071 11,321 4,244 12,667
25 – 100 Cr 1,038 10,539 987 10,455 982 10,449 992 10,790 875 11,040
More than 100 Cr 387 12,607 381 12,616 389 12,741 381 12,377 314 12,127
Total Advances 7,20,338 55,109 7,20,686 56,164 7,23,019 57,413 728,723 60,064 744,219 63,636
21 Rating Profile of Corporate Loan Book
Standard Advances above Rs. 100 Cr Standard Advances above Rs. 25 Cr
External Rating SIB Internal Rating Rs Cr Rs Cr 0.0% 0.0% 2.0% 2.1% 0.6%
16.9% 19.3% 20.9% 25.8% 25.4% 26.4% 27.5% 25.4% 26.7% 32.1%
24.7% 24.6% 21.7% 37.4% 24.6% 22.9% 31.4% 27.1% 26.7% 24.1%
32.1% 30.1% 21.1% 13.8% 27.2% 28.9% 17.7% 27.0% 28.2% 24.4%
22.2% 22.7% 21.1% 26.2% 15.2% 21.8% 18.3% 20.8% 17.3% 17.8% 9.3% 8.8% 3.7% 5.0% 3.2% Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19
AAA AA A BBB 22 Key Focus : Retail, SME & Agriculture Retail excluding Gold Retail Gold ( Average LTV – 65%) Rs Cr Rs Cr +31% +63% 16,242 2,216 15,017 Retail Loans (Excl. 13,760 14,567 1,840 12,430 Gold), Agriculture & 1,357 1,440 1,494 SME has grown by 20% (Y-o-Y) Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Agriculture (Incl. Agri Gold) SME (Incl. SME Gold) Rs Cr Rs Cr +10% +16% 8,673 15,069 7,919 7,851 7,887 8,068 14,027 ~16.81% of the 12,965 13,137 13,316 Agriculture & SME Loans are backed by Additional Security by way of GOLD Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 23 Advances growing Across Regions +15% Rs Cr 63,636 60,064 57,413 55,109 56,164 18,574 17,932 17,049 15,983 16,646 19,325 17,924 16,624 16,771 16,996 25,737 22,502 22,747 23,368 24,208 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Rest of India South Ex- Kerala Kerala 24 Net Interest Income - Quarter Net Interest Income Cost of Deposits & Yield on Advances Rs Cr In % Cost Of Deposit Yield on Advances 492 494 506 520 499 9.61 9.64 9.50 9.50 9.51 6.04 6.06 6.08 6.16 6.30 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sept-18 Dec-18 Mar-19 Net Interest Margin Cost of Funds & Yield on Funds In % In % Cost of Funds Yield on Funds 2.73 2.66 2.60 2.61 2.46 7.83 7.95 7.94 7.97 7.93 5.40 5.58 5.57 5.59 5.72 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sept-18 Dec-18 Mar-19 25 Net Interest Income - Cumulative Net Interest Income Cost of Deposits & Yield on Advances Rs Cr In % 1,966 2,020 Cost of Deposits Yield on Advances 1,473 1,520 9.89 964 1,001 9.50 9.50 9.55 9.54 461 494 6.08 6.06 6.07 6.10 6.15 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar -18 Jun -18 Sept -18 Dec -18 Mar -19 Net Interest Margin Cost of Funds & Yield on Funds In % In % Cost of Funds Yield on Funds 2.84 2.60 2.60 2.62 2.58 7.97 7.95 7.94 7.93 7.94 5.44 5.58 5.56 5.57 5.60 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sept-18 Dec-18 Mar-19 26 Improving Operating Efficiency Employee Additions C/I Ratio In % 332 137 57.88 55.58 54.68 54.88 99 47.17 -33 -77 Mar -18 Jun -18 Sept -18 Dec -18 Mar -19 Mar -18 Jun -18 Sept -18 Dec -18 Mar -19 Business per Employee Business per Branch Rs Cr Rs Cr 15.7 15.7 15.5 15.9 147 148 149 150 14.9 134 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 27 Sustainable Other Income Total Other Income led by …. …Sustainable : Transaction Fees + Technology Rs Cr Rs Cr 236 120 108 100 179 187 91 95 146 158 71 86 69 59 60 31 32 35 37 33 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Transaction Fees Technology Profit on Sale of Investments, Forex & Others Investment Book as on Mar-19 Rs Cr 14 Details Rs. Cr M Duration 37 11 10 HTM 15,452 5.42 11 9 43 55 AFS 3,873 2.04 30 39 65 27 13 16 13 HFT 199 0.15 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Total 19,525 4.94 Forex Other Profit on Sale of Investments 28 Break Up of Provisions Particulars (Rs Cr) Q4-FY 19 Q4-FY 18 Q3-FY 19 For NPA & NPI 191.0 151.7 189.4 For Depreciation on Investments 39.7 8.5 -7.3 For Standard Assets 14.4 -6.2 10.1 For Restructured Advances/Sacrifices & FITL 3.0 -10.1 0.0 For Unhedged Forex Exposure 0.5 -0.1 -0.1 Others -29.5 4.8 11.1 Taxes 37.9 48.2 45.0 Total Provisions 257.0 196.8 248.1 29 Non Performing Assets Gross NPA Net NPA 4.54% 4.61% 4.88% 4.92% 3.27% 3.16% 3.45% 2.60% 3.59% 3.54% Mar-18 Jun-18 Sept-18 Dec-18 Mar-19 Mar-18 Jun-18 Sept-18 Dec-18 Mar-19 Gross NPA Movement Net NPA Movement Rs Cr Mar-18 Jun-18 Sept-18 Dec-18 Mar-19 Rs Cr Mar-18 Jun-18 Sept-18 Dec-18 Mar-19 Opening 1,775 1,980 2,552 2,646 2,930 Opening 1,211 1,416 1,814 1,785 2,100 Additions 614 609 213 659 368 Additions 510 505 165 555 305 Deductions 408 37 119 375 166 Deductions 305 107 194 240 241 Closing 1,980 2,552 2,646 2,930 3,132 Closing 1,416 1,814 1,785 2,100 2,164 30 Stressed Assets - QoQ Gross Basis Net Basis Rs Cr Q3-FY 19 Q4-FY 19 Q3-FY 19 Q4-FY 19 NPA 2,930 3,132 2,100 2,164 Restructured Standard Advance 200 214 200 214 Other Stressed Advances 0 0 0 0 Total Stressed Assets 3,130 3,346 2,300 2,378 Advances 60,064 63,636 59,256 62,664 Stressed Assets as % of Advances 5.21% 5.26% 3.88% 3.79% 31 Restructured Advances Breakup Restructured Assets Sector Standard Restructure – Q4FY19 Rs Cr 214 9.8% 200 57 90.2% Construction EPC 22 Others (on Account of Kerala Floods and MSME 20 Restructuring) Rs Cr Security Receipts Outstanding as on 31.3.2019 Book Value Provision NAV Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 1,285.22 279.04 1,006.18 Restructured Standard Advance 32 Restructured Standard Asset Book Rs Cr Restructured Standard Advance Upgradation Fresh Decrease in Slippages to Closing Opening from NPA to Addition Balance NPA Balance Std. Rest. Infra Roads ------ Construction - EPC 21 - - - 21 Others 179 32 - 18 - 193 Total 200 32 - 18 - 214 33 Movement in Restructured Assets Movement in Restructured Accounts (Including Restructured NPA) Shift of focus from Rs Cr Large Corporate 0 to 0 SMEs 32 41 0 Defocusing from Stressed Sectors 447 438 Special Cell & Asset Monitoring Cell Opening Fresh Increase Upgradation Closure Dec in Closing Addition in Balance in Standard Including Balance Category Write Off 34 Credit Provisioning NPA Provisioning Rs Cr 938 209 76 805 Provision Coverage Ratio : 42.46% Opening Additions Deductions Closing 35 Fresh Slippages/Advance Ratios Retail Slippage Agriculture Slippage 0.40% 0.42% 1.15% 0.71% 0.18% 0.20% 0.20% 0.22% 0.14% 0.04% Mar-18 Jun-18 Sept-18 Dec-18 Mar-19 Mar-18 Jun-18 Sept-18 Dec-18 Mar-19 SME Slippage Corporate Slippage 1.72% 2.36% 2.38% 1.54% 0.76% 0.80% 0.75% 0.53% 0.30% 0.09% Mar-18 Jun-18 Sept-18 Dec-18 Mar-19 Mar-18 Jun-18 Sept-18 Dec-18 Mar-19 36 Capital Composition BASEL III In % 12.7 12.6 12.2 12.1 11.8 2.3 2.1 2.1 2.6 2.1 10.4 10.1 10.0 9.7 10.0 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Tier 2 Tier 1 37 Profit & Loss Overview- Q4 FY19 Rs Cr Q4-FY19 Q4-FY 18 Y-o-Y (%) Q3-FY19 Q-o-Q (%) Net Interest Income 499 492 2% 520 -4% Other Income 236 179 32% 187 26% Total Income 735 671 10% 706 4% Operating Expenses 407 360 13% 374 9% Operating Profit 328 311 5% 332 -1% Provisions (Ex-Tax) & 219 149 47% 203 8% Contingencies Reported Profit Before Tax 108 162 -33% 129 -16% Provision for Tax 38 48 -21% 45 -16% Profit After Tax 71 114 -38% 84 -16% 38 Balance Sheet Overview- Q4 FY19 Rs Cr Q4-FY 19 Q4-FY 18 Y-o-Y (%) Q3-FY 19 Q-o-Q (%) Capital & Liabilities 92,279 82,686 11.6% 88,249 4.6% Capital 181 181 0.0% 181 0.0% Reserves and Surplus 5,154 5,060 1.9% 5,153 0.0% Deposits 80,420 72,030 11.6% 77,665 3.5% Borrowings 4,903 4,043 21.3% 3,688 32.9% Other Liabilities & Provisions 1,621 1,372 18.1% 1,562 3.8% Assets 92,279 82,686 11.6% 88,249 4.6% Cash & Balances with RBI 3,662 3,258 12.4% 3,526 3.8% Balances with Banks 1,161 963 20.6% 1,166 -0.5% Investments 19,081 18,363 3.9% 18,507 3.1% Advances 62,694 54,563 14.9% 59,256 5.8% Fixed Assets 709 681 4.1% 693 2.3% Other Assets 4,973 4,858 2.4% 5,101 -2.5% Business (Advances + Deposits) 144,056 127,139 13.3% 137,729 4.6% Current Accounts 3,332 3,058 9.0% 3,485 -4.4% Savings Accounts 16,135 14,084 14.6% 15,421 4.6% CASA Ratio 24.21% 23.80% 1.7% 24.34% -0.5% 39 Key Metrics- Quarterly FY17 FY18 FY19 Particulars Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Net Interest Margin (NIM) 2.7% 2.8% 2.7% 2.7% 2.8% 2.9% 2.9% 2.7% 2.6% 2.6% 2.7% 2.46% CRAR Basel III 11.7% 11.1% 11.1% 12.4% 12.1% 11.7% 12.5% 12.7% 12.2% 12.1% 11.8% 12.6% RoAA (Annualized) 0.6% 0.7% 0.6% 0.4% 0.6% 0.02% 0.6% 0.6% 0.1% 0.3% 0.4% 0.3% Provision Coverage 42.6% 46.1% 50.2% 55.1% 44.6% 44.1% 49.4% 41.2% 39.1% 41.9% 41.2% 42.5% CASA 23.2% 22.8% 25.9% 23.8% 25.2% 24.6% 24.9% 23.8% 24.7% 24.5% 24.3% 24.2% Gross NPA 4.0% 4.0% 4.0% 2.5% 3.6% 3.6% 3.4% 3.6% 4.5% 4.6% 4.9% 4.92% Net NPA 2.9% 2.8% 2.5% 1.5% 2.5% 2.6% 2.4% 2.6% 3.3% 3.2% 3.5% 3.45% Book Value per Share (Rs.) 30.0 30.8 31.6 26.9 27.7 27.6 28.4 29.0 29.1 29.0 29.5 29.5 EPS (Rs.) (Annualized) 2.8 3.0 3.1 2.6 2.3 0.1 2.5 2.56 0.51 1.54 1.84 1.58 Branches - Kerala 453 454 455 463 463 463 463 464 464 465 465 474 - South India (Ex-Kerala) 245 245 245 246 246 246 246 248 249 249 249 253 - Rest of India 140 140 140 141 142 142 142 142 142 143 143 143 Total Branches 838 839 840 850 851 851 851 854 855 857 857 870 ATMs - Kerala 701 713 718 724 745 756 769 783 786 792 802 802 - South India (Ex-Kerala) 388 391 393 394 396 393 396 398 399 401 403 401 - Rest of India 202 202 202 202 203 205 205 201 201 202 202 203 Total ATMs 1,291 1,306 1,313 1,320 1,344 1,354 1,370 1,382 1,386 1,395 1,407 1,406 40 Next Generation Bank 41 Present across Customer Touch Points Traditional & Alternate Channels SIB Mirror + Mobile Banking ATMs Branches 1,406 ATMs across India 870 Branches & 53 Extension Counters Internet Banking Point of Sale 42 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 43 Personal Banking: Technology Banking Active Internet Users Internet Transaction Volume Internet Transaction Value (000)’s (000)’s Rs Cr 1,027 7,961 954 948 962 929 6,989 6,075 6,185 6,451 390 303 313 332 354 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mobile Transaction Volume Mobile Transaction Value (000)’s Rs Cr +232% +126% 7,437 4,241 3,401 5,549 2,657 2,257 3,632 1,875 2,682 2,242 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 44 Personal Banking: Debit Cards No of Active Debit Cards Debit Card Transaction Volumes In Millions In Millions 37.2 36.8 37.6 38.1 38.3 4.3 4.0 3.9 3.8 3.8 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Debit Card Transaction Value Rs Cr 7,512 7,573 7,761 7,090 7,321 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 45 About Us 46 Milestones FIRST among the private FIRST bank in the private sector banks in Kerala to sector in India to open a become a scheduled bank in Currency Chest on behalf of 1946 under the RBI Act the RBI in April 1992 FIRST private sector bank to FIRST bank in the private sector open a NRI branch in to start Industrial Finance November 1992 Branch in March 1993 FIRST among the private sector FIRST bank in Kerala to develop an banks in Kerala to open an in-house, a fully integrated branch "Overseas Branch" to cater automation software in addition to exclusively to the export and the in-house partial automation import business in June 1993 solution operational since 1992 The FIRST Kerala based bank to implement Core Banking System 47 Expansion since FY08 Branch Network ATM Network +78% +530% 870 1,406 474 802 490 286 253 401 223 133 115 143 50 203 71 58 FY08 FY19 FY08 FY19 Kerala South Ex-Kerala Others (Rest of India) 48 Performance since FY08 Net Interest Income Profit After Tax Rs Cr Rs Cr CAGR: +17% CAGR: +5% 2,020 248 152 376 FY08 FY19 FY08 FY19 Business (Advances + Deposits) Gross NPA Rs Cr In % CAGR: +17% 314bps 144,056 4.92 1.78 25,610 FY08 FY19 FY08 FY19 49 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 50 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 51 Management Team Mr. Benoy Varghese Mr. Sanchay Kumar Sinha (Country Head – Wholesale Banking) (Country Head – Retail Banking) • Bachelors Degree in Arts & Masters Degree in Business • Bachelor’s degree in Arts, Post Graduate Certificate in Administration and CAIIB Business Management (XLRI) Mr. Raphael T.J., Chief General Manager Mr. Chandrasekhar Mukherjee, Chief People Officer (Chief Information Officer) • Bachelors Degree in Commerce • Bachelors Degree in Commerce, Masters in EXIM, • Post Graduation Diploma in Personnel Management & Diploma in Financial Management and CAIIB Industrial Relation Mr. Anto George T, General Manager Mr. John Thomas (Head of Inspection & Vigilance Department and Chief (Country Head – Business Development) of Internal Vigilance) • Bachelors Degree in Science, MBA and CAIIB • Bachelors Degree in Arts & Post Graduate Diploma in Computer Application and MBA in HR Management • Certification in RDBMS & Oracle 8i and JAIIB Mr. Shelly Joseph, General Manager • Masters Degree in Commerce & CAIIB 52 Management Team Mr. Reddy N J, General Manager Mr. Sibi P M, Chief Compliance Officer • Bachelor of Technology • Masters Degree in Commerce & LLB • Certified Associate of Indian Institute of Banking & Finance • FRM and GARP Mrs. Chithra H, Chief Financial Officer Mr. Jimmy Mathew, Company Secretary • Bachelors Degree in Commerce • Bachelors Degree in Commerce, Associate Member of • Associate member of the Institute of Chartered Institute of Company Secretary of India and Institute of Accountants of India Cost & Management Accountants of India. Also a • Certified Associate of the Indian Institute of Banking & Certified Associate of the Indian Institute of Banking & Finance Finance 53 Award Wins during FY19 HUDCO Award South Indian Bank has received the award for Best Performing PLI of HUDCO’ under CLSS Photo Caption- Mr. Sanchay Kumar Sinha, Country Head (Retail Banking) receiving award for ‘ Best Performing PLI of HUDCO’ under CLSS from Mr. Hardeep S Puri, Union Minister of State (Independent Charge). Also seen are Mr. Rakesh Kumar Arora, Director (Finance) HUDCO, Mr. Durga Shanker Mishra, Union Housing & Urban Affairs Secretary, Dr. M Ravi Kanth, Chairman and Managing Director HUDCO and Mr. N. L. Manjoka, Director (Corporate Planning) HUDCO. 54 Award Wins during FY19 National Payments Excellence Award South Indian Bank receiving National Payments Excellence Award for RuPay instituted by NPCI Photo Caption- Shri. Reghunathan K N, EVP (Treasury), South Indian Bank receiving National Payments Excellence Award for RuPay instituted by NPCI from Shri. B. P. Kanungo, Deputy Governor, RBI, in the presence of Biswamohan Mahapatra, Chairman, NPCI, Mr. V.G. Kannan, Chief Executive, IBA and Dr. A.S. Ramasastri, Director, IDRBT. 55 Award Wins during FY19 MSME Banking Excellence Award South Indian Bank receiving Best MSME Bank-Runner Up award Photo Caption- Mr. John Thomas, Country Head (Business Development) receiving Best MSME Bank-Runner Up award, on behalf of South Indian Bank from Shri. Giriraj Singh, Minister of State in charge, Micro, Small & Medium Enterprises. Also seen are Mr. Mukesh Mohan Gupta, President, Chamber of Indian Micro Small & Medium Enterprises (CIMSME) and Mr. SatheeshKumar K S (JGM & Regional Head, Delhi), South Indian Bank. 56 Award Wins during FY19 Banking Technology Awards by IBA South Indian Bank receiving Banking Technology 2019 awards instituted by IBA Photo Caption- Mr. Raphael T J, CGM and CIO of the South Indian Bank and Mr. Sony A, JGM receiving the Banking Technology 2019 awards instituted by IBA from Prof. N. Balakrishnan, Director, Super Computer Education & Research Centre, Indian Institute of Science, Mr. Sunil Mehta, Chairman, Indian Banks’ Association (IBA), Mr. R. Sridharan, MD, CCIL- Clearing Corporation of India in the presence of Mr. V. G. Kannan, Chief Executive, IBA. 57 Award Wins during FY19 KMA Award 2018 South Indian Bank receiving CSR Award for Banks & NBFCs under Education Sector instituted by Kerala Management Association Photo Caption- Shri. Raphael T.J (Senior General Manager & CIO, South Indian Bank) receiving CSR Award for Banks & NBFCs under Education Sector instituted by Kerala Management Association from Shri. Kochouseph Chittilappilly (Chairman & CEO, V-Guard Industries Ltd.) in the presence of Dr. George Sleeba (Executive Director, K. Chittilappilly Foundation), Mr. Jose Dominic (MD & CEO, CGH Earth Group), Mr. V. George Antony (Non Executive Vice Chairman, UAE Exchange & Financial Services Ltd.) and Mr. Vivek Krishna Govind (President, KMA & Senior Partner, Varma & Varma Chartered Accountants) 58 For further information, please contact: Company Investor Relations Advisors The South Indian Bank Ltd. Strategic Growth Advisors Pvt. Ltd. CIN – L65191KL1929PLC001017 CIN - U74140MH2010PTC204285 Ms. Chithra H, CFO Mr. Shogun Jain / Mr. Sagar Shroff Mr. Vijith S, Dy. General Manager [email protected] / [email protected] [email protected] [email protected] +91 77383 77756 / +91 98205 19303 www.southindianbank.com www.sgapl.net 59