State Bank Of India has informed the Exchange regarding a press release dated May 18, 2023, titled "Press Release and Analyst Meet Presentation".
The Listing Department, BSE Limited, Phiroje Jeejeebhoy Towers, 25th Floor, Dalal Street, Mumbai – 400001.
The Listing Department, National Stock Exchange of India Limited, Exchange Plaza, 5th Floor, Plot:C-1,‘G’ Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051.
BSE SCRIP Code: 500112
NSE SCRIP Code: SBIN
CC/S&B/AD/2023/107
18.05.2023
Madam / Sir,
Disclosures under SEBI (LODR) Regulations, 2015 Submission of Press Release and Presentation made for Analysts / Investors
ln compliance with the provisions of Regulation 30 read with Schedule III Part A of SEBI (LODR) Regulations, 2015, we enclose herewith the press release and a copy of presentation made for Analysts / Investors on Financial Results of the Bank for the quarter/ financial year ended 31st March, 2023.
Please arrange for taking the above disclosure on record and dissemination.
Yours faithfully,
(Aruna Nitin Dak) AGM (Compliance & Company Secretary)
Press Release
Profitability
Q4FY23 RESULTS
Highlights
• Net Profit for FY23 crosses ₹ 50,000 crores and stands at ₹ 50,232 crores witnessing a growth of 58.58% YoY, while Net Profit for Q4FY23 grew by 83.18% to ₹ 16,695 crores. • Operating Profit for FY23 grew by 11.18% YoY to ₹ 83,713 crores; while Operating
Profit for Q4FY23 grew by 24.87% YoY to ₹ 24,621 crores.
• Bank’s ROA and ROE for the financial year stand at 0.96% and 19.43% respectively. • ROA at 1.23% for the quarter improved by 49 bps YoY. • Net Interest Income (NII) for FY23 increased by 19.99% YoY. • Domestic NIM for FY23 increased by 22 bps YoY to 3.58%, while Domestic NIM for
Q4FY23 increased by 44 bps YoY to 3.84%.
Balance Sheet
• Credit growth at 15.99% YoY with Domestic Advances growing by 15.38% YoY. • Foreign Offices’ Advances grew by 19.55% YoY. • Domestic Advances growth driven by Retail Personal Advances (17.64% YoY) followed
by SME Advances which grew by 17.59% YoY.
• Xpress Credit loans cross ₹ 3 lakh crores. • Agri and Corporate loans registered YoY growth of 13.31% and 12.52% respectively. • Whole Bank Deposits grew at 9.19% YoY, out of which CASA Deposit grew by 4.95%
YoY. CASA ratio stands at 43.80% as on 31st March 23.
Asset Quality
• Gross NPA ratio at 2.78% down by 119 bps YoY. • Net NPA ratio at 0.67% down by 35 bps YoY. • Provision Coverage Ratio (PCR) at 76.39% improved by 135 bps YoY, PCR (Incl.
AUCA) improved by 171 bps YoY and stands at 91.91%.
• Slippage Ratio for FY23 improved by 34 bps YoY and stands at 0.65%, while Slippage
Ratio for Q4FY23 stands at 0.41%.
• Credit Cost for FY23 improved by 23 bps YoY to 0.32%, while Credit Cost for Q4FY23
at 0.16% improved by 33 bps YoY.
Capital Adequacy
• Capital Adequacy Ratio (CAR) as at the end of FY23 improved by 85 bps YoY and stands
at 14.68%.
Alternate Channels
• 64% of SB accounts and 35% of retail asset accounts acquired digitally through YONO.
• Share of Alternate Channels in total transactions increased from ~95% in FY22 to ~97%
in FY23.
Key Summary of Q4FY23 Results
In ₹ Crores
Q4FY22 Q3FY23 Q4FY23 YoY % QoQ %
FY22
FY23
YoY %
Profit & Loss
Interest Income
70,733
86,616
92,951
31.41
7.31 2,75,457 3,32,103
20.56
Interest Expenses
39,535
48,547
52,559
32.94
8.26 1,54,750 1,87,263
21.01
Net Interest Income
31,198
38,069
40,393
29.47
6.10 1,20,708 1,44,841
19.99
NIM, % (Domestic)
3.40
3.69
3.84
44 bps
15 bps
3.36
3.58
22 bps
Operating Profit
19,717
25,219
24,621
24.87
-2.37
75,292
83,713
11.18
Loan loss provisions
3,262
1,586
1,278
-60.80
-19.41
14,087
9,144
-35.09
Profit after tax
9,114
14,205
16,695
83.18
17.52
31,676
50,232
58.58
In ₹ Crores
Mar 22
Dec 22
Mar 23
YoY %
QoQ %
Balance Sheet
Gross advances
28,18,671
31,33,565
32,69,242
Domestic Corporate
8,70,712
9,25,038
9,79,768
Domestic Retail Personal
10,02,303
11,24,519
11,79,152
Of which: Home loans
5,61,651
6,13,196
6,40,680
Deposits
40,51,534
42,13,557
44,23,778
Domestic CASA
17,75,084
18,00,677
18,62,904
15.99
12.52
17.64
14.07
9.19
4.95
Domestic Term Deposits
21,45,117
22,47,472
23,90,667
11.45
4.33
5.92
4.86
4.48
4.99
3.46
6.37
CASA Ratio (%)
GNPA
NNPA
45.28
1,12,023
27,966
44.48
98,347
23,484
43.80
-148 bps
-68 bps
90,928
21,467
-18.83
-23.24
-7.54
-8.59
Ratios, %
Q4FY22 Q3FY23 Q4FY23
YoY, bps
QoQ, bps
FY22
FY23
YoY, bps
GNPA
NNPA
PCR (with AUCA)
PCR (without AUCA)
Slippage Ratio
Credit Cost
CET-1 ratio
Tier-1 ratio
CAR
Asset Quality
3.14
0.77
91.52
76.12
0.41
0.21
9.26
10.80
13.27
2.78
0.67
91.91
76.39
0.41
0.16
-119
-35
171
135
-2
-33
Capital Ratios
10.27
12.06
14.68
33
64
85
3.97
1.02
90.20
75.04
0.43
0.49
9.94
11.42
13.83
-36
-10
39
27
0
-5
101
126
141
3.97
1.02
2.78
0.67
90.20
91.91
75.04
76.39
0.99
0.55
0.65
0.32
9.94
10.27
11.42
12.06
13.83
14.68
-119
-35
171
135
-34
-23
33
64
85
= = = = = = = = = = = = = =
Annual
FY23
A N A L Y S T P R E S E N T A T I O N | 1 8 . 0 5 . 2 0 2 3
Safe Harbor
Certain statements in these slides are forward-looking statements. These statements are based on Management's current expectations and are subject to uncertainty and changes in circumstances. Actual outcomes may differ materially from those included in these statements due to a variety of factors.
Contents 1
Macro Economic Indicators
04-05
2
Overview
5
4
Financial Performance
7
29-35
Capital Adequacy & Asset Quality
36-41
8
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
60-65
53-59
3
06-13
Performance Highlights
6
Digital Journey
14-28
42-52
Macro Economic Indicators
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Macro-economic indicators remain buoyant
Economy Bounces Back
ASCB’s Credit Growth is at 11-Year High
• ASCB’s credit growth continues to grow in double digits and is at 11-years’ high of 15.0%
in FY23.
• GST revenue hit another record in Apr’23. In FY23 the government garnered 22% higher revenues compared to the last year. Monthly GST threshold is at ₹ 1.5 trillion in FY23.
•
•
India's exports rose 14% to a record $770 billion during FY23.
In FY24 real GDP growth is expected at 6.5% (RBI) against an uncertain global economy.
• Average CPI inflation is expected to remain in moderate zone (5.2%, RBI) in FY24.
15.3
8.2
16
14
12
10
8
6
4
Slowdown
13.3
5.1
5.6
15.0
9.6
FY17
FY18
FY19
FY20
FY21
FY22
FY23
Aggregate Deposits (YoY %)
Bank Credit (YoY %)
GST revenue hits all time-high (₹ lakh crore)
India's Exports of Goods & Services ($ bn)
1.7
1.4
1.4
1.4
1.4
1.3
1.5
1.4
1.5
1.5
1.5
1.5
1.6
1.6
1.5
1.9
800
600
400
200
0
2 2 - n a J
2 2 - b e F
2 2 - r a M
2 2 - r p A
2 2 - y a M
2 2 - n u J
2 2 - l u J
2 2 - g u A
2 2 - p e S
2 2 - t c O
2 2 - v o N
2 2 - c e D
3 2 - n a J
3 2 - b e F
3 2 - r a M
3 2 - r p A
Source: SBI Research
446
770
447
674
420
323
254
1 0 Y F
2 0 Y F
3 0 Y F
4 0 Y F
5 0 Y F
6 0 Y F
7 0 Y F
8 0 Y F
9 0 Y F
0 1 Y F
1 1 Y F
2 1 Y F
3 1 Y F
4 1 Y F
5 1 Y F
6 1 Y F
7 1 Y F
8 1 Y F
9 1 Y F
0 2 Y F
1 2 Y F
2 2 Y F
3 2 Y F
India's Service Export
India's Good Export
India's Total Export
FY23 Analyst Presentation
5
Overview
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Redefining banking in India
We are India’s largest bank
We are proud to serve >48 crore customers
We have >6 crore users on our digital platform
>12,300 Peak Transactions per second
Unparalleled market share (%)*
Deposits
Advances
Debit card spends
ATMs
Mobile banking transactions (No.)
Mobile banking transactions (value)
*Market share as per latest available Mar’23 data
FY23 Analyst Presentation
7
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Products and services for everyone We cater to all customer segments through our various branches and offices, joint ventures, subsidiaries and associate companies.
Personal Banking
Rural Banking
SME Banking
Corporate Banking
International Banking
YONO
• Wide range of loan and
• Products under
• Market leaders of SME
• Corporate Accounts
• Pioneers of international
liability products
• Salary Packages, NRI Business, Wealth Management services, amongst others
• Various products for agriculture and allied agricultural activities
financial inclusion and micro credit
financing
• Wide range of Digital
• Financing under
offerings
Government schemes
• Simple and innovative financial solutions for our SME clientele
• Specialised SME
branches with dedicated relationship managers
Group and Commercial Clients Group provide one stop solution to our clients
• Wide range of financial products and services, exclusively to top corporates
• Funding of large
projects through Project Finance and Structuring SBU
banking in India
• Flagship integrated omni- channel digital platform
• Presence in all major
time zones and continents
• Offers a gamut of banking, investment, insurance and lifestyle solutions
• Offers trade finance, commercial loans, ECBs, syndications amongst others
• YONO Global for NRI
customers
Total Domestic Deposits
YONO Registered Customers
Retail Personal loans portfolio
Total lending under agriculture and allied activities
Total loan portfolio of SME
Total loan portfolio of Corporate Banking
Total loan portfolio of IBG
Daily Logins
FY23 Analyst Presentation
8
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Customer Touch Points
National reach
Branches 22,405
ATM/ ADWM 65,627
CSP 76,089
8,042
10,260
54,470
4,010
23,198
9,652
Rural
Urban
Semi-urban
6,514
19,972
10,781
Metro
3,839
12,197
1,186
International presence
Offices/ Joint Ventures/ Representative offices
Countries of presence
FY23 Analyst Presentation
9
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Consistent value to our shareholders
Market Capitalisation (₹ in Crores)
Share Price (₹)
Dividend per share (₹)
5,23,250
4,40,474
2,86,257
3,25,123
1,75,681
586.30
493.55
320.75
364.30
196.85
11.30
7.10
4.00
0.00
0.00
FY 19
FY 20
FY 21
FY 22
FY 23*
FY 19
FY 20
FY 21
FY 22
FY 23*
FY 19
FY 20
FY 21
FY 22
FY 23
Earnings Per Share (₹)
Book Value Per Share (₹)
56.29
35.49
269.48
240.53
309.89
200.07
219.66
22.87
16.23
0.97
FY 19
FY 20
FY 21
FY 22
FY 23
FY 19
FY 20
FY 21
FY 22
FY 23
*as on 17th May 2023
FY23 Analyst Presentation
10
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Preparing future ready human capital
Awards and recognition
Initiatives
ET HR World Future Skill Awards Gold under the category ‘Best Learning Management System’ for Gyanodaya - “e-learning” and “askSBI”
Silver under the category ‘High Impact Certification Program’ for role-based certifications.
3 Gold Awards at ET Human Capital Awards HR Leader of the Year – Large Scale Organisations
Excellence in Business Continuity Planning & Management
Most Valuable Employer during COVID-19
Productivity enhancement initiatives We have adopted a branch-based model for manpower planning based on the productivity parameters at the branches
Job families We have clearly defined job families and career paths for our officers in Middle and Senior Management Category to ensure deep domain knowledge and foster expertise.
Succession planning We have a policy on succession planning for senior leadership positions to ensure a smooth transition at all critical executive- level placements.
Recruitment We actively recruit specialised talent on a lateral and contractual basis in specialised domains to meet the demands of the fast-changing business landscape and regulatory requirements.
Training We consistently seek to enhance the workforce’s knowledge, skills, and attitude, for superior business performance and customer orientation through top notch training infrastructure.
FY23 Analyst Presentation
11
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Accolades (1/2)
IBA 18th Annual Technology Award 2022
ET BFSI Best Brands 2022 and ET BFSI Best Brands 2023.
Awarded “Best Performing Bank under CLSS” from Government of India, Ministry of Housing & Urban Affairs under PMAY-U Awards-2021: 150 Days Challenge”
Awarded "The Best Bank Award 2022" from Global Finance Magazine.
Awarded CDP score of “B”, the highest score in the last 5 years by CDP (formerly Carbon Disclosure Project), the global disclosure system for companies to manage their environmental impacts.
Awarded “Special Jury Award for Consistent Transformation" from BT-KPMG Best Banks & Fintechs Awards 2022
FY23 Analyst Presentation
12
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Accolades (2/2)
SBI SHINES GOLD. Honoured With 3 Gold Awards at ET Human Capital Awards Ceremony.
ICAI awards for excellence in financial reporting for year 2021- 22 Gold Shield, category I – Public Sector Banks.
Awarded “India’s Best Annual Report Awards-2022.
a) HR Leader of the Year – Large
Scale Organisations
b) Excellence in Business Continuity
Planning & Management
c) Most Valuable Employer during
COVID -19
Awarded “Issuer of the Year - Private Placement” at the 5th National Summit & Awards on Corporate Bond Market 2022 by the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Awarded “Best Security Awareness Award” and “Best Security Operations Centre of the year” from NASSCOM-DSCI Excellence Awards 2022.
FY23 Analyst Presentation
13
Performance Highlights
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Key trends in FY23
Highest ever profit Net Profit crosses ₹50,000 crores
ROA at 0.96% for the year improved by 29 bps YoY
ROE at 19.43% for the year improved by 551 bps YoY
Domestic NIM at 3.58% for the year improved by 22 bps YoY
Credit growth continues ~16% YoY Robust growth across all segments
Xpress Credit loans cross ₹3 lakh crores
Asset quality improving outcomes Gross NPA at 2.78% improved by 119 bps YoY
Net NPA at 0.67% improved by 35 bps YoY
Credit Cost for the year at 0.32% improved by 23 bps YoY
Well provided Stressed Book
PCR at 76.39%; PCR (incl. AUCA) at 91.91%
Total non-NPA provisions (not included in PCR) at ₹35,575 crores
Digital Strategy on track ~64%
of savings accounts and 35% of retail asset accounts acquired through YONO in FY23
FY23 Analyst Presentation 15
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Key indicators
Year Ended
YoY Growth
CASA
Xpress Credit
FY22
FY23
(₹ in Crores)
Return on Assets (%)
0.96
Net Interest Income
1,20,708
1,44,841
19.99%
Net Interest Margin – Domestic (%)
Operating Profit
Net Profit
Credit Cost
Net NPA
PCR (Incl. AUCA)
PCR
Capital Adequacy
Gross Advances
Total Deposits
s s o L &
t i f o r P
) s e r o r C n
i
₹ (
s o i t a R y e K
t e e h S e c n a l a B
)
% n i (
) s e r o r C n
i
₹ (
3.36
75,292
31,676
0.55
1.02
90.20
75.04
13.83
3.58
22 bps
83,713
11.18%
50,232
58.58%
0.32
-23 bps
0.67
-35 bps
91.91
171 bps
76.39
135 bps
14.68
85 bps
17,75,084 18,62,904
3,03,989
2,47,714
0.67
% 5 9 . 4
% 2 7 . 2 2
s p b 9 2
Mar 22
Mar 23
Mar 22 Mar 23
FY22
FY23
Term Deposits
Home Loan
23,90,667
21,45,117
6,40,680
5,61,651
Return on Equity (%)
19.43
13.92
s p b 1 5 5
28,18,671
32,69,242
15.99%
40,51,534
44,23,778
9.19%
% 5 4 . 1 1
% 7 0 . 4 1
Retail Personal Advances
10,02,303
11,79,152
17.64%
Mar 22 Mar 23
Mar 22 Mar 23
FY22
FY23
FY23 Analyst Presentation 16
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Credit growth
Share of Domestic Advances
Mar 22 (%)
Mar 23 (%)
41.65
Retail Per
42.46
42.50
Retail Per
Segment
Mar 2022
Mar 2023
(₹ in Crores)
YoY Growth (%)
Retail Personal
10,02,303
11,79,152
17.64
Agri
SME
2,28,229
2,58,612
13.31
3,05,517
3,59,270
17.59
Corporate
8,70,712
9,79,768
12.52
Domestic Advances
24,06,761
27,76,802
15.38
9.48
Agri
12.69 SME
36.18 Corporate
9.30 AGRI
9.31 Agri
13.20 12.94 SME SME
35.00 Corporate 35.29 Corporate
Foreign Offices Advances
4,11,910
4,92,440
19.55
Total Whole Bank Advances
28,18,671
32,69,242
15.99
FY23 Analyst Presentation
17
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Credit growth Retail Personal Banking Leadership across all segments
As on Mar 2023
Retail Personal Portfolio of
O/S, ₹ in crores
YoY Growth, %
GNPA, %
lakh crore
Home Loans
3 - year CAGR at
Mar 23:
of Dom. Adv.
Mar 22:
of Dom. Adv.
Auto Loans
Xpress Credit
Personal Gold Loans
Other P Seg Loans
As on Mar’23, Bank’s market share in Home loans is 33.1% & in Auto loans is 19.4%
FY23 Analyst Presentation
18
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Credit growth Diversified Loan Portfolio High quality asset book
Corporate Rating mix (%)
43
24
Mar 23
15
7
11
39
24
Mar 22
17
9
11
43% share to PSUs / Govt. Depts.
*Including NPA book and Unrated
AAA
AA
A
BBB
BB & below*
AAA
AA
A
BBB
BB & below*
Industry mix
(₹ in Crores)
Outstanding as on 31st Mar 23
Fund Based O/S
Sectors
Infrastructure of which: Power
Telecommunication Roads & Ports Other Infrastructure
Services Iron & Steel Aviation & Airports Tourism & Hotels Textiles Petroleum & Petrochemicals Engineering Comm. Real Estate Other Industries Home Loans Auto Loans Other Retail Loans Agriculture Total Domestic Advances
Amount
3,73,329 1,92,300 39,851 1,05,567 35,611 3,57,301 46,717 16,731 11,089 34,711 50,331 21,323 47,844 3,79,663 6,40,680 97,523 4,40,949 2,58,612 27,76,802
%Share
YOY Gr%
13.44 6.93 1.44 3.80 1.28 12.87 1.68 0.60 0.40 1.25 1.81 0.77 1.72 13.67 23.07 3.51 15.88 9.31 100.00
4.67 0.03 -4.24 15.44 13.58 31.43 16.49 26.24 9.65 -2.76 0.36 -8.50 11.88 14.24 14.07 23.22 21.98 13.31 15.38
FY23 Analyst Presentation
19
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Credit growth International Banking Gross Advances: Healthy Credit Growth ₹ in Crores
4,87,681
4,86,360
4,92,440
Break up of Loan Portfolio (%)
Loan Portfolio across Geographies (%)
4,11,910
29.2
32.9
37.9
Local Lending
India Linked Loans
Trade Finance
7
3
3
5
5
6
7
7
10
26
21
USA
UK
HongKong
Singapore
Bahrain
UAE
Antwerp
Others
GIFT City (India)
Japan
Germany
Mar 22
Sep 22
Dec 22
Mar 23
Asset Quality: NPAs Contained GNPA (%)
Exploring New Opportunities
• Under ESG framework, concluded Social Loan deal of USD 1 Bn: largest in Asia Pacific
0.55
and second largest globally.
0.42
0.41
0.40
• ~20% growth in Customer Credit with diversification across portfolio and geographies.
• Opened 9 new offices during the year (8 at Nepal and 1 IVAC at Bangladesh).
• Gross NPA ratio down by 15 bps during the year, underlining continued improvement in
quality of assets.
Mar 22
Sep 22
Dec 22
Mar 23
FY23 Analyst Presentation 20
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Deposit growth
Share of Domestic Deposits
Particulars
Mar 2022
Mar 2023
Mar 2022 (%)
Mar 2023 (%)
CA, 6.68
CA, 6.62
Current Account Deposits (CA)
2,61,879
2,81,438
Saving Bank Deposits (SA)
15,13,205
15,81,466
CASA Deposits
17,75,084
18,62,904
₹ in Crores
YoY Growth (%)
7.47
4.51
4.95
SA, 38.60
TD, 54.72
SA, 37.18
TD, 56.20
Term Deposits (TD)
21,45,117
23,90,667
11.45
Domestic Deposits
39,20,201
42,53,571
8.50
Foreign Offices Deposits
1,31,333
1,70,207
29.60
Total Deposits
40,51,534
44,23,778
9.19
CASA:
CASA:
FY23 Analyst Presentation 21
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Asset quality
Slippages
25,021
18,421
Restructuring
Restructuring 1.0
Retail Personal
Corporate
SME
Total O/S
Restructuring 2.0
Retail Personal
Corporate
SME
Total O/S
₹ in Crores
As on Mar 22
As on Mar 23
3,010
3,016
4,840
10,866
2,583
1,044
3,323
6,950
As on Mar 22
As on Mar 23
12,488
0
7,606
20,094
11,628
0
5,724
17,352
FY22
FY23
• Slippages down by 26.38% YoY
• Slippage Ratio improved by 34 bps YoY from
0.99% to 0.65%
Total Restructuring
30,960
24,302
FY23 Analyst Presentation 22
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Net interest income
Net Interest Margins (%)
Yield on Investments (%)
3.36
3.12
1.07
3.23
3.02
1.32
3.39
3.17
1.44
3.49
3.29
1.67
3.58
3.37
1.69
6.07
6.16
6.29
6.40
6.51
Mar-22
Jun-22
Sep-22
Dec-22
Mar-23
Mar-22
Jun-22
Sep-22
Dec-22
Mar-23
Domestic Ops
Overseas Ops
Whole Bank
Domestic
Yield on Advances (%)
Cost of Deposits (%)
7.58
7.43
7.66
7.87
1.42
1.98
2.50
3.26
8.10
3.80
3.83
3.80
3.84
3.90
3.99
0.92
1.05
1.35
1.75
2.10
Mar-22
Jun-22
Sep-22
Dec-22
Mar-23
Domestic
Foreign Offices
Mar-22
Jun-22
Domestic
Sep-22
Dec-22
Mar-23
Foreign Offices
FY23 Analyst Presentation
23
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Non-interest income
Fee Income
26,245
24,565
Loan Processing Charges
Commission on Govt. Business
Cross Selling
₹ in Crores
Remittance, Collection, etc.
6,682
5,039
3,953
3,713
2,868
3,641
6,421
4,281
% 4 8 . 6
% 1 7 . 7 1
% 7 4 . 6
% 4 9 . 6 2
% 6 0 . 4
FY22
FY23
FY22
FY23
FY22
FY23
FY22
FY23
FY22
FY23
Fee Income grew by
Forex Income grew by
Cross Sell Income grew by
Recovery from AUCA accounts at
YoY in FY23
YoY in FY23
YoY in FY23
crores in FY23
FY23 Analyst Presentation 24
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Non-interest income Treasury Operations AFS Book (%)
Mar 2022
12
26
11
4
47
Modified Duration 2.08
Yield on Investment 6.07%
Break up of Domestic Investments (%)
-0.03
39.27
-0.02
37.07
60.77
62.94
Mar 22
Mar 23
HFT
AFS
HTM
Mar 2023
26
12
10
5
47
Modified Duration 1.85
Yield on Investment 6.51%
G-Sec and T Bill Corporate Bonds Others SDLs CP
Total Investments Book
Domestic Investments
- of which- SLR
Foreign Offices Investments
Total Investments Book
Mar 22
14,39,649
11,62,183
53,538
14,93,186
₹ in Crores
Mar 23
15,24,189
12,41,033
63,209
15,87,398
FY23 Analyst Presentation
25
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Operating expenses Focus continues on improving income streams with control on costs
FY23 (%)
Cost to Assets – among the best in the industry
19.4
41.4
39.2
1.95
1.81
1.86
Salary Retiral benefits & other provisions Overheads
Total cost to average assets, %
FY21
FY22
FY23
FY23 Analyst Presentation
26
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Provisions
Credit costs at
PCR at
Non NPA provisions at
for FY23
legacy book well provided
of Net NPA at end of FY23
Available Buffer ₹ in Crores
Provisions on standard assets at end of FY23
25,674
Additional Provision for Restructured Standard Accounts
Other Loan Related Provisions
Total provisions not included in PCR at end of FY23
7,642
2,259
35,575
FY23 Analyst Presentation
27
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Sustainable RoE / RoA – a perspective
ROE (in %)
25.00
20.00
15.00
10.00
5.00
0.00
-5.00
-3.78
FY18
ROA (in %)
-0.19
FY18
19.43
13.92
7.74
9.94
0.48
FY19
FY20
FY21
FY22
FY23
0.96
0.67
0.38
0.48
0.02
FY19
FY20
FY21
FY22
FY23
Upward trend in ROE
Continuous improvement in ROE from FY19 onwards
Upward trend in ROA
Continuous improvement in ROA from FY19 onwards; Journey towards guidance of ROA of 1%+ on track; ROA for Q4FY23 at 1.23%
FY23 Analyst Presentation
28
Financial Performance
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Financials – at a glance
Particulars (₹ in Crores)
Quarter ended
Year Ended
Growth (%)
Interest Income
Interest Expenses
Net Interest Income
Non Interest Income
Operating Income
Operating Expenses
Operating Profit
Total Provisions
Exceptional Items#
Net Profit
NIM (Whole Bank) (%)
NIM (Domestic) (%)
Cost to Income Ratio (%)
Cost to Assets (%)
#Provisions on account of change in family pension rules
Q4FY22
Q3FY23
Q4FY23
FY22
FY23
70,733
39,535
31,198
11,880
43,078
23,361
19,717
10,603
9,114
3.15
3.40
54.23
1.91
86,616
48,547
38,069
11,468
49,536
24,317
25,219
11,014
92,951
52,559
40,393
13,961
54,354
29,733
24,621
7,927
14,205
16,695
3.50
3.69
49.09
1.85
3.60
3.84
54.70
2.19
2,75,457
3,32,103
1,54,750
1,87,263
1,20,708
1,44,841
40,564
36,616
1,61,272
1,81,456
85,979
75,292
36,198
7,418
31,676
3.12
3.36
53.31
1.81
97,743
83,713
33,481
50,232
3.37
3.58
53.87
1.86
Q4FY23 over Q3FY23
Q4FY23 over Q4FY22
7.31
8.26
6.10
21.74
9.73
22.27
-2.37
31.41
32.94
29.47
17.52
26.18
27.27
24.87
-28.03
-25.24
17.52
10 bps
15 bps
561 bps
34 bps
83.18
45 bps
44 bps
47 bps
28 bps
FY23 over FY22
20.56
21.01
19.99
-9.73
12.52
13.68
11.18
-7.51
58.58
25 bps
22 bps
56 bps
5 bps
FY23 Analyst Presentation 30
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Total income
Particulars (₹ in Crores)
Quarter ended
Year Ended
Growth (%)
Q4FY22
Q3FY23
Q4FY23
FY22
FY23
Q4FY23 over Q3FY23
Q4FY23 over Q4FY22
Interest on Loans
Interest on Resources
Other Interest income
Total Interest Income
Fee Income
Profit / Loss on Sale / Revaluation of Investments
Forex Income
Misc. Income
Total Non Interest Income
Total Income
44,611
22,763
3,359
58,865
63,679
1,71,824
2,21,401
25,258
26,138
89,255
99,419
2,493
3,134
14,378
11,283
70,733
86,616
92,951
2,75,457
3,32,103
8,023
178
1,521
2,158
11,880
82,613
24,565
26,245
5,928
2,938
1,388
1,214
8,003
1,800
-29
4,187
3,222
3,479
9,298
-1,354
-38.72
912.53
-142.04
5,285
-102.11
-101.92
51.90
6,441
244.93
11,468
13,961
40,564
36,616
98,084
1,06,912
3,16,021
3,68,719
21.74
9.00
FY23 over FY22
28.85
11.39
42.74
14.83
-6.72
-21.53
31.41
-0.25
20.56
6.84
8.18
3.49
25.68
7.31
35.00
94.06
17.52
29.41
-30.73
-9.73
16.68
FY23 Analyst Presentation 31
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Fee income break up
Particulars (₹ in Crores)
Quarter ended
Year Ended
Growth (%)
Q4FY22
Q3FY23
Q4FY23
FY22
FY23
Q4FY23 over Q3FY23
Q4FY23 over Q4FY22
FY23 over FY22
Loan Processing Charges
1,526
1,033
1,405
4,281
5,039
36.01
-7.93
17.71
Commission on Govt. Business
Commission on LC/BG
Cross Selling
Remittance, Collection, etc.
Misc. Fee Income
Fee Income
847
917
975
2,149
1,609
8,023
988
758
1,037
1,564
548
886
818
1,132
1,999
1,763
3,713
3,953
-10.35
4.51
6.47
3,468
3,134
2,868
3,641
7.87
9.17
-10.87
-9.63
16.12
26.94
6,421
6,682
27.84
-6.97
4.06
3,814
3,796
221.69
9.61
-0.47
5,928
8,003
24,565
26,245
35.00
-0.25
6.84
FY23 Analyst Presentation 32
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Total expenses
Particulars (₹ in Crores)
Quarter ended
Year Ended
Growth (%)
Q4FY22
Q3FY23
Q4FY23
FY22
FY23
Q4FY23 over Q3FY23
Q4FY23 over Q4FY22
FY23 over FY22
Interest on Deposits
Interest on Borrowings
Other Interest paid
35,762
41,432
44,346
1,41,247
1,62,418
2,297
1,476
5,437
1,678
6,035
2,178
7,779
5,723
18,080
6,764
Total Interest Expenses
39,535
48,547
52,559
1,54,750
1,87,263
Salary
Provisions for Employees
Staff Expenses
Overheads
of which: Business Acquisition & Development Expenses
Operating Expenses
Total Expenses
9,586
2,970
12,556
10,805
988
23,361
62,897
9,327
5,429
10,330
36,063
38,273
7,286
14,081
19,019
14,757
17,616
50,144
57,292
9,560
12,116
35,836
40,451
992
1,334
5,019
5,205
24,317
29,733
85,979
97,743
72,864
82,291
2,40,729
2,85,006
7.03
10.99
29.81
8.26
10.75
34.20
19.38
26.73
34.42
22.27
12.94
24.00
14.99
162.76
132.41
47.52
32.94
7.76
145.35
40.30
12.14
34.93
27.27
30.84
18.20
21.01
6.13
35.07
14.26
12.88
3.72
13.68
18.39
FY23 Analyst Presentation 33
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Overheads
Particulars (₹ in Crores)
Quarter ended
Year Ended
Growth (%)
Q4FY22
Q3FY23
Q4FY23
FY22
FY23
Q4FY23 over Q3FY23
Q4FY23 over Q4FY22
Rent, Taxes and Lighting
Depreciation
Printing and Stationery
Postage & Telecommunications
Repairs and Maintenance to Bank's Property
Travelling & Halting
Deposit & General Insurance
Business Acquisition & Development Expenses
ATM /CDM/Debit Card /Other Tech Expenses
Misc. Expenses
Overheads
1,567
1,435
1,645
822
183
144
316
340
1,621
988
2,791
2,035
10,805
797
177
131
250
375
1,526
992
2,304
1,572
9,560
857
221
147
335
439
1,765
1,334
2,634
2,740
5,362
3,249
615
508
1,036
1,108
5,240
5,019
7,629
6,071
5,702
3,297
705
537
1,070
1,477
5,758
5,205
8,965
7,735
12,116
35,836
40,451
14.64
7.47
24.93
12.32
33.89
16.85
15.62
34.42
14.31
74.33
26.73
FY23 over FY22
6.34
1.50
4.98
4.26
21.08
14.69
1.91
6.15
29.01
8.90
34.93
-5.61
34.70
12.14
5.69
3.23
33.37
9.89
3.72
17.51
27.41
12.88
FY23 Analyst Presentation 34
Macro Economic Indicators
Overview
Macro Economic Overview Indicators
Performance Performance Highlights Highlights
Financial Financial Performance Performance
Capital Adequacy Capital Adequacy & Asset Quality & Asset Quality
Digital Digital Journey Journey
Banking with a Banking with a Purpose Purpose
Subsidiaries, Group Subsidiaries, Group Financials & Balance Sheet Financials & Balance Sheet
Provisions & profit
Particulars (₹ in Crores)
Quarter ended
Year Ended
Growth (%)
Q4FY22
Q3FY23
Q4FY23
FY22
FY23
Operating Profit
Loan Loss
Standard Assets
Investment Depreciation
Other Provisions
Income Tax
Total Provisions
Exceptional Items#
Net Profit
19,717
3,262
419
2,061
1,496
3,366
10,603
25,219
1,586
4,230
-12
-44
5,253
11,014
24,621
1,278
2,558
18
-539
4,611
7,927
9,114
14,205
16,695
75,292
14,087
4,677
3,440
2,248
11,746
36,198
7,418
31,676
Q4FY23 over Q3FY23
-2.37
-19.41
-39.52
249.00
Q4FY23 over Q4FY22
24.87
-60.80
509.78
-99.14
-1,125.98
-136.02
-12.23
-28.03
36.99
-25.24
FY23 over FY22
11.18
-35.09
20.13
-55.99
-89.72
44.50
-7.51
83,713
9,144
5,619
1,514
231
16,973
33,481
50,232
17.52
83.18
58.58
Ratios (Annualized)
Q4FY22
Q3FY23
Q4FY23
FY22
FY23
ROA (%)
ROE (%)
0.74
1.08
1.23
Earning Per Share (₹)
41.41
63.15
75.86
0.67
13.92
35.49
0.96
19.43
56.29
#Provisions on account of change in family pension rules
FY23 Analyst Presentation 35
Capital Adequacy & Asset Quality
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Well-capitalized bank with adequate liquidity
Capital Ratios (%)
RWA to Total Assets (%)
13.74
2.30
1.42
13.83
2.41
1.48
14.68
2.62
1.79
12.1
8.6
10.02
9.94
10.27
Mar 21
Mar 22
CET-1 AT-1
Tier-2
Min regulatory Total Capital ratio
Mar 23
Min regulatory CET1 ratio
49.60
49.70
50.45
Mar-21
Mar-22
Mar-23
Mar 21
Mar 22
Mar 23
Credit Risk Weighted Assets on Advances to Gross Advances (%)
54.70
55.01
55.80
FY23 Analyst Presentation 37
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Asset quality (1/4)
Gross NPA (₹ in Crores)
1,12,023
1,13,272
1,06,804
98,347
90,928
Cumulative for the Period (%)
Mar 22
Jun 22
Sep 22
Dec 22
Mar 23
Gross NPA Ratio
Net NPA Ratio
Mar 22
Jun 22
Sep 22
Dec 22
Mar 23
PCR (Incl. AUCA)
Net NPA (₹ in Crores)
27,966
28,258
23,572
23,484
21,467
PCR
Corporate PCR (Excl. AUCA)
Slippage Ratio
Credit cost
3.97
1.02
90.20
75.04
93.35
0.99
0.55
3.91
1.00
90.14
75.05
92.30
1.38
0.61
3.52
0.80
91.54
77.93
95.64
0.86
0.45
3.14
0.77
91.52
76.12
96.30
0.72
0.37
2.78
0.67
91.91
76.39
98.59
0.65
0.32
Mar 22
Jun 22
Sep 22
Dec 22
Mar 23
FY23 Analyst Presentation 38
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Asset quality (2/4)
Movement of NPAs:
Opening Level of Gross NPAs
Total Reductions
of which : Recovery + Upgradation
Gross Addition
of which : Increase in O/s
: Fresh Slippages
Net Increase
Closing Level of Gross NPAs
Segmental NPAs:
Retail:
Agri.
Per Segment
SME
Corporate
International
Total
FY22
Q1FY23
Q2FY23
Q3FY23
Q4FY23
FY23
₹ in Crores
Q4FY22
1,20,029
11,612
6,756
3,606
760
2,845
-8,006
1,12,023
1,26,389
1,12,023
1,13,272
41,142
21,437
26,776
1,755
25,021
-14,366
1,12,023
8,866
5,208
10,115
375
9,740
1,248
8,909
5,207
2,441
42
2,399
-6,468
1,13,272
1,06,804
1,06,804
11,667
1,643
3,209
112
3,098
-8,458
98,347
Mar 22
Dec 22
NPA
57,857
30,431
7,418
20,008
51,901
2,265
1,12,023
Ratio %
3.77
13.33
0.74
6.55
5.96
0.55
3.97
NPA
55,884
29,724
7,919
18,241
40,451
2,012
98,347
Ratio %
3.24
12.03
0.70
5.20
4.37
0.41
3.14
98,347
10,877
4,200
3,458
274
3,185
-7,419
90,928
Mar 23
NPA
54,202
29,675
7,434
17,093
34,774
1,951
90,928
1,12,023
40,319
16,258
19,223
803
18,421
-21,096
90,928
Ratio %
3.02
11.47
0.63
4.76
3.55
0.40
2.78
FY23 Analyst Presentation 39
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Movement of NPAs and AUCA (3/4)
Movement of NPAs (incl. Advances under Collection):
Mar 20
Mar 21
Mar 22
Mar 23
₹ in Crores
Opening Level of GNPA + AUCA
3,09,755
3,16,684
3,00,496
2,85,358
Gross Addition (Increase in O/s + Slippages)
54,510
29,332
26,776
19,223
Total GNPA + AUCA + Additions
3,64,265
3,46,016
3,27,272
3,04,581
Less: Recovery / Upgradation
Less: Write-off (Removal from AUCA/Haircut)
35,032
12,549
27,930
29,218
23,355
17,590
12,696
15,729
Closing Level of Gross NPAs + AUCA
3,16,684
3,00,496
2,85,358
2,65,497
FY23 Analyst Presentation 40
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Asset quality (4/4)
Slippages
₹ in Crores
25,021
18,421
9,740
2,399
3,098
3,185
SMA 1 & SMA 2
₹ in Crores
Accounts with exposure above ₹ 5 crore: CRILC data
8,497
6,983
1,921
1,814
6,576
5,169
3,544
555
2,989
4,747
1,688
3,059
3,260
795
2,465
FY22
FY23
Q1FY23
Q2FY23
Q3FY23
Q4FY23
Mar-22
Jun-22
Sep-22
Dec-22
Mar-23
SMA1
SMA2
FY23 Analyst Presentation 41
Digital Journey
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
You only need one
10M
Daily logins
60.7M
Customers
45K
Registrations per day
550K
Daily Average Transactions
FY23 Analyst Presentation
43
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Accelerating digital agenda (1/6)
YONO: Driving digital agenda of the Bank
YONO customers registered
Digital Banking
Create seamless omni-channel customer experience
New daily digital SB accounts opened
(Q4FY23)
Daily logins
Average Daily Cardless Cash Withdrawal
(Q4FY23)
Financial Superstore
Provide one-stop shop for all financial needs
Sales Mutual Fund
(Q4FY23)
Approved credit cards
(Q4FY23)
Insurance Policies sold (Q4FY23)
Online Market Place
Increase customer engagement
Partners onboarded across 20+ categories
Customer visiting YONO to shop & order
(Q4FY23)
Gross Merchandise Value (Q4FY23)
FY23 Analyst Presentation
44
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Accelerating digital agenda (2/6) YONO has shown growth across products and registrations
YONO Registration (#Lakhs)
Regular SB A/C opened (#Lakhs)
32.6
31.6 31.0
27.8
20.5 20.4 20.8
16.9
Pre-Approved PL Disbursed
(₹ ‘000 Cr.)
6.9
5.7
4.5
4.1
NPS (#000)
17
11
34
28
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
growth in YONO registrations in current FY
of new SB a/c have been opened digitally through YONO
YTD growth of personal loans on the platform
of NPS accounts opened through YONO
FY23 Analyst Presentation
45
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Accelerating digital agenda (3/6) Future vision for YONO: Become “Primary digital bank of choice”
The focus of next generation of YONO shall be on
Omnichannel experience across digital channels with “start anywhere, end anywhere” and automated drop-off management
Integrations with FinTechs and MarTechs across the customer value chain
Hyper-personalized customer experience with customized features and offers
Innovative, market-first disruptive product offerings across liability and lending products
Comprehensive end-to-end new- to-bank proposition “YONO for every Indian”
Future ready technology platform with modular architecture ensuring high availability and business continuity
FY23 Analyst Presentation
46
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Accelerating digital agenda (4/6) YONO for Business: Growth metrics
Journey
YB CINB Payments
Value generated
₹ 1.69 Trillion
NTD Customers
Customer onboarded
4.75 L
Active Users (Desktop) 21.8 L
Active Users (YB App) 8.9 L
Digital Banking
PABL
Loan Book
₹ 6.7 K Cr
Loans Value ₹1.5K Cr
(March 2023)
Leads Converted 90 K
Current Account
New digital CA
2.1 L
Digital 42 %
FY 23
Letter of Credit
Import
Inland
Export
Import letter of credit
₹ 1 L Cr
Digital LCs 11.5 K
Digital 61%
Inland letter of credit
₹ 13 K Cr
Digital LCs 10.8 K
Digital 31%
Export letter of credit
₹ 19 K Cr
Digital LCs 8 K
Digital 44%
FY23 Analyst Presentation
47
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Accelerating digital agenda (5/6)
Digital Leadership across channels
Market share across channels
(as per latest available data)
Debit card spends
Mobile Banking
No. of Transactions
ATMs
Mobile Banking
Transaction value
Increasing digital adoption(%)
4%
5%
3%
2%
11%
14%
Mar 22
Mar 23
77%
84%
Digital* ATM & CDM BC Channel Branch
Share of Alternate Channels
* Digital comprises of Internet, Mobile, UPI & YONO and Green Channel
With varied payment modes
UPI
Remit transactions (in FY23)
Number of SBI UPI handles
(#1 Remittance Bank) Market share in remittances
Debit cards
Debit Cards
Debit Card spend transactions
Debit Card spend (in FY23)
ATM
ATM transactions per day
FY23 Analyst Presentation
48
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Accelerating digital agenda (6/6) Digital Presence across channels
Presence across access points
Customer touch points
INB Customer
Mobile banking (Retail)
No. of BC Outlets
Number of ATMs
10.0 Cr
11.4 Cr
4.8 Cr
6.1 Cr
68.0 K
76.1 K
65.0 K
65.6 K
Mar 22
Mar 23
Mar 22
Mar 23
Mar 22
Mar 23
Mar 22
Mar 23
Payment acceptance touch points
BHIM SBI Pay
SBI POS
BHIM-Aadhar-SBI
Bharat QR
* ~97% of digital adoption across alternate channels
* Digital comprises of Internet, Mobile, UPI & YONO and Green Channel
FY23 Analyst Presentation
49
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Analytics – New Capabilities
Enablers in NextGen Data Warehouse & Data Lake
New Functional Areas
1
2
3
4
5
Higher compute, velocity and variety of Data
Integrated with SPARK in-memory analytics and GPU based compute nodes
Executing MLOps through Data Lake Platform
Enables better governance, automation, lower TAT for Model Building
Collections
Digital Marketing
AI models integrated with enterprise Loan Collection System
Digital Channel Marketing to be primary focus, including SMS, email, Whatsapp, etc.
Cloud Native Architecture
Containerized, custom scale ML-Workloads enable optimal use of resources based on use-case, workload type, etc.
EWS used for prioritization of collection efforts
State-of-the-art "MarTech" platform procurement process underway
AI/ML based Data Quality Improvement
Multiple initiatives launched based on Natural Language Processing, etc.
Industry Recruitment & Up Skilling
Lateral Recruitment Exercise conducted for Data Scientists, Engineers. Up Skilling conducted for AI/ML on Cloud, Data Lake, etc.
P-Segment Standard to Delinquent A/c prediction model to proactively prevent slippage
Several Campaigns already launched, including Home/Car Loan, PPF, Yono Business and LC business
FY23 Analyst Presentation
50
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Analytics – Year in Review
Advances via Analytics Leads
1,04,139
65,912
38,657
18,802
REHBU
FY20
FY21
FY22
FY23
CAGR
YoY Growth
PBBU
Asset Business In FY23
ABU
SMEBU
JV Product Commission
(Fee)
Besides this, significant value created through Income Leakage Recovery, Risk Mitigation & Operational Efficiency
FY23 Analyst Presentation
51
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Analytics – Paradigm Shift in FY23
Digitization
Digital Lending Insta-Home Top-up Loan journey now driven by Analytics
Pre-Approved Personal Loan for Non-Salaried Customers launched
Digital On-boarding Leads for Yono Registration / Activation
Portfolio Enhancement
Identification of Engaged Customer Segments Customer Profile, preferences in products / channels analysed geography wise
Customer Engagement Level Metrics Leads provided for customer- level engagement
Multi-pronged Marketing Strategy Multiple Marketing Models combined to provide holistic, targeted leads, taking into account market-share and cohort based benchmarks
FY23 Analyst Presentation
52
Banking with a Purpose
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Financial Inclusion
No. of BC outlets
Transactions in BC Channel
Deposits in FI Accounts
76,089
68,016
54.44
53.32
3,30,389
2,87,857
60.00
50.00
40.00
30.00
20.00
10.00
0.00
Transaction Amount (₹ in Cr)
No. of Transactions (in Cr)
90,000
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
-
4,80,000
4,20,000
3,60,000
3,00,000
2,40,000
1,80,000
1,20,000
60,000
-
3,550
60,570
3,134
52,164
3,500
3,000
2,500
2,000
1,500
1,000
500
-
Deposits (₹ in Cr)
Average Balance (₹)
Mar 22
Mar 23
FY22
FY23
Mar 22
Mar 23
Market Leader Social Security Schemes (PSBs) (Share in %) (As on 31.03.2023)
43.83
40.85
31.78
APY
PMSBY
PMJJBY
Way forward
•
•
•
To Provide Doorstep banking through handheld device
To leverage the channel for lead generation of Assets Products
To make BC/CSP Channel a robust delivery platform
Cumulative no. in crores
APY
PMJJBY
PMSBY
Passbook Printers installed at CSPs
% Share of Passbooks printed at CSPs
Performance under Social Security Schemes
Improvement in Ease of Banking
Mar 22
0.88
2.87
7.73
Mar 22
17,253
15.44
Mar 23
1.16
4.12
9.68
Mar 23
21,480
15.75
FY23 Analyst Presentation 54
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Sustainability Highlights
Financial Capital
Natural Capital
Social Capital
Human Capital
₹ 50,232 crores Net Profit
₹ 32.69 lakh crores Advances
₹ 44.24 lakh crores Deposits
0.67% Net NPA
₹ 36,243 crores Renewable Energy (RE) financed portfolio*
₹ 316.76 crores CSR Spend
2,35,858 Total workforce
23,679.55 MW Capacity of RE financed portfolio*
0.54 crores CSR Beneficiaries
26.78% Women in workforce
>37 MWp Captive RE Capacity*
76,089 Business correspondents
5,190 Persons with Disabilities/Divyang
32 Green Building Certifications*
>10.45 lakh* Youth trained through RSETIs
1,84,560 Staff completed e-lesson on Sustainability
60.7 million Registrations on YONO*
46 EV chargers Installed
344 Anganwadi revamps
100% Staff covered under medical benefits
~97% Share of transactions through Alternate Channels
>8.34 lakh Trees planted
2.25 lakhs Sanitary pads distributed
99.96 Return-to-work rate
* indicates values that are cumulative in nature i.e. up to FY23
FY23 Analyst Presentation 55
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Environment
CDP score provides snapshot of a company’s environmental performance
Awarded score for FY 2022 is two notches higher than previous score.
Highest score since inception
SBI’s Carbon Disclosure Project (CDP) Ratings
C
B
2021
2022
EV Chargers
46 electric vehicle charging stations have been installed at Bank’s owned premises.
Green Building Certifications
Bank’s Thirty-Two premises certified by (IGBC) under different categories (Platinum/Gold/Silver).
Shift the power requirements to Renewal energy sources
The Bank’s prominent establishments viz Corporate Office, Global IT Centre and 6 of the Local Head Offices (LHOs) have shifted to green power through green tariff policy or through open access channel via solar/wind.
Impetus for Renewable Energy (RE) : Supporting growth of RE projects with an associated capacity of 23,679.55 MW
As of 31st March 2023
Financing for various renewable energy projects: ₹ 36,243.42 crore
Solar Power (Rooftop & ground mounted) ₹ 23,916.66 crore
Small hydro / Hydro ₹ 8,225.04 crore
Wind Power, Biomass and Generation & Distribution of Solar Energy ₹ 4,101.72 crore
Financing for sustainability – major projects
Sustainable Transportation ₹ 2,367.13 crore
Flue Gas Distribution ₹ 572.85 crore
Energy Efficiency process / products ₹ 562.87 crore
FY23 Analyst Presentation
56
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Contributing to Society (1/2) CSR Spends across all spectrum
Sector-wise CSR Spending
1%
3%3%
4%
4%
9%
12%
Total CSR Spends: ₹ 316.76 crore
Healthcare
Livelihood & Entrepreneurship
Projects
30%
Environment
Education
Rural Development
PwD Welfare
Women Empowerment
War veterans
Protection of National Heritage & Misc Sports
lives impacted
13%
21%
&
SBI concluded a Landmark US$ 1 bn Syndicated Social Loan which is largest in Asia Pacific & second largest globally led by a commercial bank
FY23 Analyst Presentation
57
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Contributing to Society (2/2) CSR Spends across all spectrum
A flagship program for the holistic development of villages.
Adopted 150 villages across 25 States.
Quality education accessible for all children encapsulating efforts towards ensuring quality and inclusive education.
ILM
Centralised support centre for Persons with Disabilities and working towards a more inclusive India.
Strives to develop, foster, and sustain robust and inclusive livelihood models, entrepreneurial ecosystems, and strategic collaborations.
LEAP
Rural development fellowship programme which provides a framework for bright young minds from Urban Areas to join hands with rural communities in their struggles and aspirations.
Flagship program to ensure environmentally conscious production and consumption, clean energy adoption, restoration of ecosystems and natural resources and conservation of wildlife.
CONSERW
Healthcare vertical set up to make healthcare accessible and affordable for the most vulnerable sections of society.
Flagship program in the domain of sports. It comprises key interventions in building state-of- the-art sports infrastructure, creating and nurturing strategic partnerships
ACE
FY23 Analyst Presentation
58
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
SBI’s Policy Framework Governance Board level committees & Policies for better control and governance
Executive Committee of the Central Board
Risk Management Committee
Audit Committee of the Board
Corporate Social Responsibility Committee
Business Continuity and Operational resilience Policy
Sustainability and Business Responsibility Policy
Climate Change Risk Management Policy
Code of Ethics
Renewable Energy Policy
Anti Bribery and Anti- Corruption Policy
Fair Lending Practices Code
Commitment to Customers ( BCSBI Code)
Corporate Social Responsibility Policy
Cyber Security Policy and Standards
Policy on KYC Standards, AML and CFT Measures
FY23 Analyst Presentation
59
Subsidiaries, Group Financials & Balance Sheet
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
SBI and its subsidiaries - leveraging synergies (1/2)
As on Mar 2023 ₹ in Crores
FY22# 1,616
22.8
FY23# 2,258
25.3
FY22
1,506
13.7
FY23
1,721
14.0
PAT (₹ in cr)
ROE (in %)
#As per Ind AS
PAT (₹ in cr)
ROE (in %)
Total New Business Premium
25,457
29,589
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
Gross Written Premium
Value of New Business
CIF (In Lakh)
Spends
Receivables
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
% 6 1
58,760
67,316
6,000
5,000
4,000
3,000
2,000
1,000
0
% 5 1
5,067
3,704
180
160
140
120
100
80
60
40
20
0
% 7 3
168
138
3,00,000
2,50,000
2,00,000
1,50,000
1,00,000
50,000
0
% 2 2
2,62,498
1,86,353
40,722
31,281
% 0 3
45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
% 1 4
FY 22
FY 23
FY 22
FY 23
FY 22
FY 23
FY 22
FY 23
FY 22
FY 23
FY 22
FY 23
Market Share
Business Performance
Market Share
Portfolio
Asset Quality & Liquidity
• Private market leadership in Individual New
•
Individual New Business Premium grew by 27%
• Cards in force 19.7%
• ▲ 22% YoY in cards,
• GNPA @ 2.35%,
Business Premium, Individual Rated Premium
and Individual Rated Premium grew by 18%.
(FY22 18.7%),
• ▲ 41% YoY in spends
NNPA @ 0.87%
and Total New Business Premium with market
• Expense ratio is at 5.1%, lowest in the industry.
• Spends 18.2%
• ▲ 30% YoY in receivables
• Healthy capital adequacy,
share of 24.3%, 22.3% and 21.3% respectively.
• Robust solvency ratio of 2.15
(FY22 19.2%)
• VONB increases by 37% and VONB margin by
+420bps.
CAR at 23.1%, Tier 1
at 20.4%
FY23 Analyst Presentation
61
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
SBI and its subsidiaries - leveraging synergies (2/2)
As on Mar 2023 ₹ in Crores
FY22
131
4.7
FY23
184
6.2
FY22#
1,071
30.0
FY23#
1,331
27.9
PAT (₹ in cr)
ROE (in %)
PAT (₹ in cr)
ROE (in %)
# Standalone Financials; without OCI
Performance Highlights
• SBIFML is leading the mutual fund industry with a huge lead compared to the other leading
players.
• The mutual business also continues to hold the pole position. SBIMF Quarterly average Mutual
Fund AUM market share was up by 85 bps from 16.86% in Q4FY22 to 17.71% in Q4FY23.
Gross Written Premium
AUM
10,888
9,260
13,095
10,919
% 8 1
% 0 2
FY 22
FY 23
FY 22
FY 23
Group PAT (₹ in cr)
ROE (in %)
Performance Highlights
FY22*
635
10.9
FY23*
725
9.1
Performance Highlights
• Gross Written Premium (GWP) grew by 18% and AUM grew by 20% YoY in FY 23.
• SBIG Market share amongst the private sector GI players (including SAHI) is at 6.85% in YTD
• Ranked No.1 with Market share of 20.9% (Q1 CY23) India Borrower Loans in INR - Mandated
Lead Arranger as per Bloomberg. (Market share of 33.2% CY22)
• Ranked 4 for Debt Private placement of bonds in FY23 as per the Bloomberg League Table
*As per Ind AS
Mar’23.
•
Loss Ratio of the Company has improved in CY (FY23) to 79% from 86% in PY during the same
period.
• Combined Ratio of the Company has improved to 112.4% in YTD Mar’23 from 115.0% in YTD
Mar’22.
FY23 Analyst Presentation 62
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Regional rural banks Sponsored by SBI
Performance Highlights for FY23
14 RRBs operating in 13 States & 1 UT
Network of 4,751 branches in 223 districts
• Deposits at ₹1,23,907 crores ▲9.17% YoY
• Gross NPA ▼43 bps YoY at 4.21%
• CASA ▼56 bps YoY at 53.72%
• Net Profit of ₹2,302 crores ▲39% YoY
• Advances at ₹85,117 crores ▲15.41% YoY
• ROA ▲29 bps YoY at 1.48%
• Credit Cost at 0.89%
• PCR ▲513 bps YoY at 84.53%
• NIM ▲3 bps YoY at 4.26%
• ROE ▲123 bps YoY at 19.64%
FY23 Analyst Presentation 63
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
SBI group financials – FY23
Year Ended
Growth (%)
FY22
FY23
Interest Earned
2,89,973
3,50,845
Non-Interest Income
1,17,000
1,22,534
Total Income
4,06,973
4,73,378
Interest Expended
1,56,194
1,89,981
Operating Expenses (i+ii)
1,66,945
1,89,814
(i) Employee Cost
54,027
61,921
(ii) Other Operating Expenses
1,12,918
1,27,894
Total Expenditure
3,23,139
3,79,795
Operating Profit
Provisions (other than Tax)
Less: Exceptional Item #
Add: Share in profit of associates
Less: Minority Interest
Tax Expenses
Net Profit
83,834
26,677
7,418
93,583
18,184
827
1,191
1,809
13,382
35,374
2,102
18,840
55,648
#Provisions on account of change in family pension rules
YoY
20.99
4.73
16.32
21.63
13.70
14.61
13.26
17.53
11.63
-31.83
44.07
16.16
40.78
57.31
₹ in Crores
Year Ended
FY22
FY23
0.69
14.28
39.64
53.31
3.14
3.92
1.00
0.98
19.63
62.35
53.71
3.39
2.75
0.66
ROA (%)
ROE (%)
Earning Per Share (₹)
Expenses Ratio (%)
NIM (%)
Gross NPA Ratio (%)
Net NPA Ratio (%)
FY23 Analyst Presentation 64
Macro Economic Indicators
Overview
Performance Highlights
Financial Performance
Capital Adequacy & Asset Quality
Digital Journey
Banking with a Purpose
Subsidiaries, Group Financials & Balance Sheet
Balance sheet Liabilities
Capital
Reserves and Surplus
Minority Interest
Deposits
Borrowings
Other Liabilities & Provisions
Total Liabilities
Assets
Cash & balances with RBI
Bal with Banks & Money at Call and Short Notice
Investments
Net Advances
Fixed Assets
Other Assets
Total Assets
SBI SOLO
SBI GROUP
Mar 23
YOY Growth (%)
Mar 22
Mar 23 YOY Growth (%)
₹ in Crores
0.00
17.02
9.19
15.75
18.49
10.61
892
3,04,696
11,207
892
3,58,039
12,837
40,87,411
44,68,536
4,49,160
5,07,518
5,21,152
5,92,963
53,60,884
59,54,418
0.00
17.51
14.54
9.32
16.03
16.84
11.07
SBI SOLO
SBI GROUP
Mar 23
YOY Growth (%)
Mar 23 YOY Growth (%)
Mar 22
3,18,492
80,413
17,76,490
27,94,076
39,510
3,51,902
2,47,321
70,991
19,13,108
32,67,902
44,407
4,10,689
-22.36
-20.29
6.00
17.02
12.39
16.81
10.61
-22.35
-11.72
7.69
16.96
12.40
16.71
11.07
FY23 Analyst Presentation 65
49,87,597
55,16,979
53,60,884
59,54,418
Mar 22
892
2,79,196
892
3,26,716
40,51,534
44,23,778
4,26,043
2,29,932
4,93,135
2,72,457
49,87,597
55,16,979
Mar 22
3,18,265
76,287
14,81,445
27,33,967
37,708
3,39,925
2,47,088
60,812
15,70,366
31,99,269
42,382
3,97,062
Thank You