Performance Highlights for Q4 FY 15 and FY 2015
Top Line Milestones:
Global Assets Rs. 6.0 Lac Crore
Global Deposits Rs. 5.0 Lac Crore
Savings Deposits Rs. 1.5 Lac Crore
Overseas Business Rs. 1.0 Lac Crore
Key Performance Indicators:
CRAR (BASEL III) 12.21%
Net Interest Margin 3.15% (FY 2015)
Cost Of Deposit 6.09% (FY 2015)
Cost to Income Ratio 46.74%(FY 2015) Bottom Line Achievement (FY2015)
Operating Profit Rs 11955 Crore
Total Income Rs 52206 Crore
Other Income Rs 5891 Crore
YOY Growth (%)
MSME Credit 21.37%
Retail Credit 24.57%
Housing Loan 26.45%
Profitability: Q4FY15 & FY 15
Net Profit of the Bank for the quarter ended March 2015 (Q4 FY’15) amounted to Rs.307 crore.
Operating Profit for Q4 FY’15 stood at Rs 3203 crore as against Rs 3173 crore in Q4 FY’14 .
Total income during Q4 FY’15 rose by 7.7 % to Rs.13456 crore
Net Profit of the Bank for Financial Year ended March 2015 amounted to Rs.3062 crore as compared to Rs 3343 crore last year.
Operating profit of the Bank during the Financial Year ended March 2015 grew by 5% to reach Rs. 11955 crore from Rs 11384 crore in March’14.
Total income during FY’15 rose by 9.2% to Rs. 52206 crore with a growth of 7.4% in Interest Income on advances.
Net Interest Income during FY’15 amounted Rs 16556 crore as against 16146 Crore in FY’14.
Business:
Total Business of the Bank reached Rs. 881913 crore as against Rs.800666 crore in March 2014, showing a y-o-y growth of 10.1 %.
Deposits of the Bank rose to Rs.501379 crore as on 31.03.2015 from Rs 451397 crore as on 31.03.2014, exhibiting a y-o-y growth of 11.1 %.
CASA deposits increased to Rs. 183780 crore in March’15 from Rs.172872 crore in March’14, recording a growth of 6.3%.
Saving deposit increased to Rs.150200 crore showing a growth of 6.2%. Current deposits rose by 6.6% to Rs. 33581 crore.
Advances of the Bank at Rs. 380534 crore at the end of March’15 grew by 9.0% from Rs 349269 crore at the end of March’14.
Credit Deposit Ratio works out to 75.90% as at March’15.
Asset Quality: Gross NPAs were at Rs 25695 crore in Mar’15 .Gross NPA ratio was 6.55%.
Net NPAs were at Rs 15396 crore in Mar’15 . Net NPA ratio was 4.06%. Provision Coverage ratio was at 58.21%.
Important Ratios:
Net Interest Margin (NIM) for FY ended March’15 is 3.15% (Q4FY15: 2.79%).
Return on Assets stood at 0.53% for FY’15.
Cost of Deposit stood at 6.04% for Q4 FY’15 and 6.09% for FY ended March’15.
Cost to Income ratio stood at 42.78% in Q4 FY’15 and 46.74% in FY ended March’15.
Return on Equity stood at 3.25% in Q4 FY’15 and 8.12% in FY ended March’15.
Earnings Per Share was Rs.6.77 for Q4 FY’15 and Rs.16.91 in FY ended Mach’15.
Book Value per Share improved to Rs 203.24 in March’15 as against Rs.190.50 in March’14.
CRAR of the bank was at 12.21% under BASEL-III (Tier-I Capital:9.30%; Tier-II Capital:2.91%) as on 31.03.2015.
Delivery Channels:
Bank’s branch network stands at 6560 (including extension counters).
Bank has a network of 8348 ATMs.
PNB Internet Banking Channels are witnessing an increase in usage with about 30.75 lac internet banking users.
More than 8 lac customers are availing Mobile Banking facility.
More than 56% of transactions are being conducted through Alternate Delivery Channels.
Retail Credit: Retail loans outstanding grew by 24.57% on Y-o-Y basis to reach Rs.48415 crore at the end of March’15 as against Rs.38864 crore in corresponding period last year. Y-O-Y growth in Car/Vehicle loan (14.31%), Reverse Mortgage scheme (16.30%), Pensioners loan portfolio (12.80%) and Housing loan (26.45%).
Priority Sector & MSME Advances
Priority Sector Advances reached Rs 135812 crore .
Outstanding Agricultural advances reached Rs 60006 crore .
Issued 52.69 lac Kisan Credit Cards(KCC), till March 31st, 2015.
Credit to MSME sector rose to Rs 91093 crore as at end of March’15 from Rs. 75051 crore last year, recording a growth of 21.37%.
Credit to Micro & Small Enterprises grew by 20.9% to Rs.71590 crore as on 31.03.2015, out of which credit to Micro enterprises amounted to Rs 26189 crore.
Financial Inclusion
89.73 lac accounts opened under Pradhan Mantri Jan Dhan Yojna (PMJDY). These accounts were having Rs 777.39 crore deposit as on 31.03.2015.
84.09 lac RuPay Cards issued.
