UNIONBANKNSE20 January 2024

Union Bank of India has informed the Exchange about Investor Presentation

Union Bank of India

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Ref संदर्भ Ref.: नि.से.वि.ISD/418/2023-24

ददि ंक Date : January 20,2024

बीएसई लिलिटेड BSE Ltd.

बीएसई लिस्टिंग सेंटर BSE Listing Centre स्िप कोड Scrip Code - 532 477

महोदया Madam / महोदय Sir,

नेशनि टॉक एक्स्चेंज ऑफ इिंलडया लिलिटेड National Stock Exchange of India Ltd. लनप्स NEAPS

स्िप कोड Scrip Symbol-UNIONBANK-EQ लसक्योररटी Security – UBI-AT/BB

Subject: Presentation on Financial Results for the Third Quarter / Nine Months ended

on December 31, 2023.

Ref.:

Our letter dated ISD/407/2023-24 dated 10.01.2024 and Our letter dated ISD/413/2023-24 dated 17.01.2024

Pursuant to Regulation 30 read with Clause 15 of Para A of Part A of Schedule III and Regulation 46(2)(o) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Presentation on Limited Reviewed Financial Results (Standalone and Consolidated) for the Third Quarter / Nine Months ended on December 31, 2023.

same

our The https://www.unionbankofindia.co.in/english/financial-result.aspx

being made

available

also

Bank’s website

Thanking you.

भवदीय Yours faithfully,

(सीएस एस. के . द श CS S. K. Dash) कं पिी सचिि Company Secretary एफ़सीएस FCS - 4085

Encl: As above.

यूनियि बैंक ऑफ इंडिया, निवेशक सेवायें प्रभाग, यूनियि बैंक भवि, 239, ववधाि भवि मागग, िरीमि पॉइंट, म

ंबई- 400021.

Union Bank of India, Investor Services Division, Union Bank Bhavan,239,Vidhan Bhavan Marg, Nariman Point, Mumbai - 400021. : + 91 22 2289 6636/2289 6643, investorservices@unionbankofindia.bank , website: www.unionbankofindia.co.in

Uni Pay Plus

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Global Business mix – ₹ 20.68 Trillion

9.3% Share among PSBs in Business*

 Advances: ₹ 8.96 Trillion

 Deposits : ₹ 11.72 Trillion

8,479 Branches & 9,889 ATMs Branches Share  Rural (30%) 

Semi-urban (29%)

 Urban (20%)  Metro (21%)

 Overseas Branches in Dubai & Sydney



Banking subsidiary in London, United Kingdom

JV in India International Bank (Malaysia)

18,900+ Business Correspondents

76,300 + Employees

5th Largest PSB in Business Mix*

Shareholding (%)

FII

DII

Public

Govt. of India

3.97

12.29

6.75

76.99

Centralized Processing Centres

135 MSME Loan Points

105 Union MSME First Branches

159 Retail Loan Points & 43 Agriculture Loan Points

1,685 Gold Loan Points

9 SAMBs & 29 ARBs

19 LCBs & 40 MCBs

*As of Sep-23

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Guidance vs Actuals

Key Parameters

Advances Growth (YoY)

Deposits Growth (YoY)

NIM %

GNPA %

Slippages

Recovery

Mar-24 (Guidance)

10 – 12%

8-10%

~3.00%

< 6.00%

Dec-23(9M) (Actual Y-o-Y)

11.4%

10.1%

3.1%

4.83%

~ Rs. 12,000 Cr

Rs. 8,554 Cr

~ Rs. 16,000 Cr

Rs. 13,783 Cr

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Strong Operating Performance (9MFY24)

Deposits

RAM

Advances

Operating Profit

Net Profit

10.09% YoY

13.85% YoY

11.44% YoY

₹ 21,678 Cr

₹ 10,338 Cr

Deposit growth

Robust growth in RAM advances

Consistent & Sustained Credit Growth

Increased by 16.27% YoY

Increased by 82.94% YoY

Margin

Efficiency

Profitability

Capital

Asset Quality

NII ₹ 27,134 Cr

Credit Cost 0.77%

RoA 1.05%

RoE 16.56%

CRAR 15.03% CET-1 11.71%

GNPA 4.83% NNPA 1.08% PCR 92.54%

Increased by 10.68% YoY

Improved by 79 bps YoY

Improved by 43 bps YoY

Improved by 58 bps YoY

Improved by 310 bps YoY

Improved by 425 bps YoY

Improved by 100 bps YoY

Improved by 106 bps YoY Improved by 404 bps YoY

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security & EASE

Group Entities & Awards

Improved Profitability

Operating Profit

₹ in crore

Net Profit

6577

6619

6823

7179

7221

7278

3236

2782

₹ in crore

3511

3590

5520

5448

5098

2245

1848

1440

1558

1085

Net Interest Income

₹ in crore

9126

9168

8840

8251

0.38

8628

8305

7582

0.36

7174

6769

0.29

Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

RoA %

RoE %

EPS

1.07

1.00

0.88

18.97

17.50

17.97

17.25

0.73

0.61

0.50

0.53

0.39

14.67

12.85

11.12

11.52

8.23

18.94

20.23 19.37

16.28

13.14

10.81

8.43

9.12

6.35

Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

₹ in crore

77787 79587

74500

GNPA

₹ in crore

~Rs. 34,000 Crore Reduction since Dec-21

65391 63770

60987 60104

54012

43262

Improved Asset Quality

NNPA

25258 24303

22392

19193

16195

₹ in crore ~Rs. 15,900 Crore Reduction since Dec-21

12928 12138

10421

9351

11.62 11.11

10.22

4.09

3.68

3.31

0.29

GNPA & NNPA%

8.45

7.93

7.53

7.34

0.38

6.38

4.83

2.64

2.14

1.70

1.58

1.30

1.08

Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

GNPA %

NNPA %

PCR%

Credit Cost%

Slippage Ratio%

92.03 92.54

90.34 90.86

88.50

2.00

2.02

1.40

1.77

1.50

1.24

86.61

84.75

83.61

82.80

0.97

0.81

0.56

3.83

2.46

2.67

0.43

1.80

1.45

1.51

1.73

1.39

1.35

Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Robust & diversified Credit Growth

₹ in crore

Credit / Deposit Ratio

Particulars

Dec-22

Mar-23

Sep-23

Dec-23

YoY(%)

Particulars

Dec-22

Mar-23

Sep-23

Dec-23

YoY(%)

Gross Advances

8,04,015

8,09,905 8,47,214 8,95,974

11.44

Retail

1,54,037

1,59,702

1,68,256

1,73,445

12.60

- Domestic

7,83,008

7,85,302 8,21,437 8,66,689

10.69

Agriculture

1,50,652

1,51,993

1,65,506

1,77,583

17.88

MSME

1,23,737

1,25,022

1,33,822

1,36,746

10.51

Global

Domestic

Advances

RAM

2Y - CAGR

- Overseas

21,007

24,603

25,777

29,285

39.41

LC & Others

3,75,589

3,73,188

3,79,630

4,08,200

8.68

Corporate

77.8%

75.3%

15.7%

15.8%

15.6%

Consistent & sustained growth in RAM Advances

Composition%

Retail %

Retail-Bureau Scores (%)

Education Loans

Gold Loans

44%

56%

6.6

8.5

7.5

17.7

11.2

48.5

RAM

LC & Others

Home Loans

Vehicle Loans

Education Loans

Mortgage Loans

Personal Loans

Others

2 Yr CAGR- 34.22%

12979

2 Yr CAGR- 46.52%

44511

68072

7205

8259

31707

>=750

700-749

<700

Dec-21

Dec-22

Dec-23

Dec-21

Dec-22

Dec-23

57.15% YoY

52.93% YoY

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Credit to Industries

(% Share in Domestic Advances)

S No

Sectors

Dec-22

Dec-23

₹ In Crore

% Share

₹ In Crore

Infrastructure

1,16,437

14.87

-Power

-Renewable Energy

w/w Wind

Solar

-Thermal

-Govt. PSU (Power) -Non-PSU (Power)

-Road

- HAM

3 4 5 6 7

NBFCs and HFCs - HFCs -PSU & PSU Backed NBFCs

-Pvt. NBFCs

Basic Metals Petroleum/Coal/Nuclear Food Processing Chemical & Chemical Products Textiles

43,710

4,400

781

1,737

27,379

21,297 22,413

21,557

3,151 1,06,400 35,467 32,659 38,274

23,514 22,845 21,975 15,208 16,049

- - - - - 13.59 - - - 3.00 2.92 2.81 1.94 2.05

99,720

41,729

10,219

451

6,439

20,869

26,353 15,376 22,113 5,559 1,25,540 38,950 34,775 51,815

25,087 9,709 26,798 15,588 16,832

% Share

11.51

- - - - - 14.49 - - - 2.89 1.12 3.09 1.80 1.94

Rating-Corporate Loans (>25 Cr)

BB & Below

BBB

A & Above

NBFC –Rating Profile of Standard NBFC –Rating Profile of Standard Exposure (%) Exposure (%)

Total

3,22,428

41.18

3,19,274

36.84

AAA

BBB & Lower

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Deposit Growth

Particulars

Dec-22

Mar-23

Sep-23

Dec-23

Y-o-Y(%)

Total Deposits

10,65,027

11,17,716

11,37,628

11,72,455

10.09

2Y - CAGR

₹ in crore

Liquidity Position

Particulars

As on 31.12.23

- Domestic Deposits

10,63,509

11,06,089

11,20,185

11,54,325

8.54

Global Deposits

11.8%

Avg. LCR

125.82%

- CASA(%) Domestic

35.35

35.62

34.66

34.40

-95 bps

Current Deposits

9.0%

NSFR

129.17%

Composition of Deposits (%)

Savings Deposits

2 Yr CAGR- 6.61%

308797

326302

287109

346754

CASA Deposits

2 Yr CAGR- 7.01%

375981

397107

CASA+ Retail TD

Bulk Term Dep

Dec-21

Dec-22

Dec-23

Dec-21

Dec-22

Dec-23

5.67% YoY

5.62% YoY

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Investment Portfolio

₹ in crore

Domestic Investments

3,40,828 3,45,370 3,48,030 3,42,806

Composition of Domestic Investments

Dec-22

Mar-23

SLR

Sep-23

Non SLR

Dec-23

Category

SMA Position (Rs. >5 crs)

O/s Amount

Dec-22

Mar-23

Sep-23

Dec-23

MSME

Personal Loans

1,399

3,127

1,062

2,985

957

894

2,921

2,478

2,010

1,900

1,974

1,923

6,049

5,914

4,444

4,345

Agriculture Allied

Corporate Loans

5,309

5,117

4,920

4,797

311

270

216

212

Total

9,835

9,164

7,851

7,614

9,281

8,662

6,670

6,457

SMA-0

SMA-1

SMA-2

Total

2,480

1,061

2,252

0.43

1,429

3,058

553

5,793

5,040

1,384

665

2,366

4,415

2,733

807

1,537

5,077

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Capital Adequacy Ratio (%)

Rating / Outlook upgraded by Domestic Rating Agencies

14.45

16.04

16.69

15.03

2.13

1.55

2.12

1.52

1.98

1.35

12.36

13.05

11.71

2.18

1.56

10.71

Dec-22

Mar-23

Sep-23

Dec-23

CET I

AT I

Tier II

CRAR%

Rating Agency

AT-1

Tier-II

CRISIL

ICRA

AA+/Stable

AAA/Stable

India Ratings

AA/positive

AA+/positive

CARE

AA+/Stable

AAA/Stable

Capital Raising

Equity

AT-1

Tier-2

Total

₹ in crore

Board Approved Plan

8,000

1,000

1,100

10,100

Capital Raised

5,000

0.43

Govt. of India Shareholding reduced to 76.99% from 83.49%

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Inclusive Growth

Priority Sector Lending

Government Schemes

Particulars

Agriculture

Small and Marginal Farmers

Micro Enterprises

Weaker Section

Women Beneficiaries

Total Priority

RBI Benchmark (as % of ANBC)

Achieved (as % of ANBC)

18.00

10.00

7.50

12.00

5.00

40.00

19.09

12.41

9.10

13.43

15.69

40.64

11000

9000

7000

5000

3000

1000

8,162

286

9,604

288

Dec-22

Dec-23

Balance in PMJDY A/c ( Rs. in Cr) Total PMJDY Accounts (No. in Lakhs)

300

295

290

285

280

275

270

Scheme

PMSVANidhi

Union Guaranteed Emergency Credit Line

0.29

Union Personal Loan for COVID Treatment (UPLCT)

0.29

Pradhan Mantri Mudra Yojana (during 9MFY24)

No. of Accounts

8,16,276

3,92,243

0.36

Amount Sanctioned (₹ in crore)

1,118

0.38

16,784

1,236

9,82,957

17,492

Performance under Social Security Schemes(# Lakhs)

267

205

PMJJBY

0.43

PMSBY

APY

Dec-22

Dec-23

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

ESG: Banking for Sustainable Development

Environmental

Social

Governance

Board Approved ESG Risk Framework & Climate Risk Policy

30 RSETI Centres, trained 3.26 lakh people with Settlement Ratio of 67%

Founding member of Building Council (IGBC)

Indian Green

Sustainable Development Business Responsibility Policy

And

Credit facility to Renewable Energy Sector till 31.12.2023– ₹ 25,256 Cr

₹ 398 Crore Sanctioned under Union Green Miles – Electric Vehicles

Financed over 3 Lakh Street vendors ~ ₹481 Cr in 9MFY24 through PMSvanidhi

Financed over 13,000 new SHGs ~₹317 Crore in 9MFY24

Union Nari Shakti: Sanctioned over 18,000 applications of ₹2,011 Cr in 9MFY24 Donation through Union Bank Social Foundation ₹ 12.46 Cr under CSR

Composition

Board 0.29 Independent Directors 0.29

0.36

0.38

– Diverse &

Related Party Transaction Policy

Whistle Blower Policy

Corporate Communications Policy

Policy on Sexual Harassment of Male/ Workplace Transgender at and (Prevention, Redressal)

Prohibition

0.43

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Vyom: Key highlights till date

Personalized

Seamless

XYZ

>25 Mn

Users

350+

Features

₹ 3,500+ Cr

Business generated through 13+ lending journeys

13+ &

Asset Journey

10+

Liability Journey

₹ 56 Cr

Business generated from 3rd party products

New Features

Top-up of NCMC wallet for usage at Mass Transit System such as Metros

Marking of digital transaction as Suspect

Real-time Generation of Insurance policy for PMJJBY & PMSBY

Loan against deposit opened through branches

CRM integration for Lead Generation

700+ Mn

Monthly UPI transactions facilitated

0.43

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Key Initiatives

CRM

Uni Pay Plus

Digital Union Kisan Tatkal Scheme

VYOM Integration: Lead Generation & Customer 360 – made live

 Host to host payment solution for corporates

 Offered to the existing KCC borrowers having KCC limit up

& institutions

to Rs. 25.00 lakhs

FEBA – Customer 360 for internet banking made live



1st Bank to implement collections through Virtual Account numbers facility

UPI

CBDC

CC on UPI - UDIR / AutoPay/ OTM (issue) Implementation

CC on UPI - Credit to Credit Card

ICCW (Interoperable Card-less Cash Withdrawal) feature from ATM using UPI



Interoperability with UPI

Load through UPI

P2P Interoperability

Integration with CRM

 Offers loan amount from Rs. 5,000 to Rs. 50,000

0.38

Fully digitized sanction process

0.29

Digital Document Execution (DDE)

DDE extended to Straight Through Process (STP) Journeys.

Live on LAS Platform for 12 states



Video KYC

PM SVANidhi

Lower the operational cost



Easy on-boarding through bulk data pull from UDYAMI Mitra portal

Reduced TAT

Provide superior and flexible customer experience

 Online CIC verifications



Fully automated processing and Digitized sanction

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Outcome of Various Digital Initiatives

24%24%

YTD growth in Fixed Deposits amount sourced digitally

5.50 lac+

CBDC Retail User Registrations

99%

86%

3rd3rd

Highest volume of UPI remittances processed among PSBs

0.29

0.38

0.36

~2.2x

MSME Renewal for <10 lacs through STP

Retail accounts reviewed digitally

YTD growth in loan accounts renewed digitally

~2x

119%

~2.2x

YTD growth in LAD Accounts opened digitally

YTD growth in amount sanctioned under Shishu Mudra STP

YTD growth in Union 0.43 Education Accounts opened digitally

e e v v i i t t a a l l u u m m u u C C

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Digital Footprints

(No. in Lakhs)

Mobile Banking Users

Net Banking Users (Retail)

Credit Card Users

254

240

213

201

8.09

7.27

0.38

6.45

0.36

5.75 0.29

0.29

Dec-22

Mar-23

Sep-23

Dec-23

Dec-22

Mar-23

Sep-23

Dec-23

Dec-22

Mar-23

Sep-23

Dec-23

Volume of Transactions (Q-o-Q)

(No. in Lakhs)

Mobile Banking

UPI

Credit Cards

5,845

6,005

6,691

6,705

20,549

18,378

12,695

14,185

57.4

45.2

24.1

28.5

Dec-22

Mar-23

Sep-23

Dec-23

Dec-22

Mar-23

Sep-23

Dec-23

Dec-22

Mar-23

Sep-23

Dec-23

Corporate Relationship Cell (CRC)

15 centres PAN India

Objectives

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Corporate 360 Degree Solution

Major Achievements

Acquisition of New Corporate Groups

 Contributed NII of Rs. 150.32 Crores & interest income of

Rs. 498.83 Crores upto Dec 31, 2023.

Building Strong Relationships & Fulfilling Client Needs

 Uni Pay Plus is designed to integrate with Corporate’s

0.38

0.29 System for Automatic Payment Processing.

0.36

0.29

 1st Bank to implement collections through Virtual Account

numbers facility.

 68 corporates have been onboarded.

Enhancing Customer Experience

GRMC/BCP

 Strengthening

CASA.

Contributed

Rs. 1,147 crores as on 31.12.2023.

Maximizing Revenue (Interest Income & Non Interest Income both)

 USSA mandates received from various corporates and

institutions/Government bodies

for opening of about

81,000 accounts.

0.43

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Cyber Security Governance, Achievements & Recent Developments

Cyber Security Governance

Credit Risk Management Committee

(CRMC)

Risk Management headed by CRO also oversees IT & Cyber Risk, ESG Risk, Fraud Risk & Enterprise Risk Management

Cyber Security Achievements & Recent Developments

Risk Management Committee Headed by Independent Director

Cyber Security Policies & SOPs Risk Management Committee Headed by Independent Director

Comprehensive Risk Assessment

Comprehensive Operational Risk Management Cyber Risk Committee (ORMC) Insurance

Periodical Stress Testing to assess the potential impact of adverse scenarios.

0.36 NCIIPC recognition - Critical Information Infrastructure (CII)

0.29

0.38

Framework

risk-reward RAROC to related considerations. concession ROI are linked to RAROC of borrower

Data Security Council of India (DSCI) – Annual Information Security Summit 2022 : Winner

decisions

optimal

Credit

for

GRMC/BCP

Highest BitSight Score among peer Banks

Early Warning Signals(EWS) based on Predictive Analytics to identify stress proactively & take mitigative measures

Comprehensive Cyber Security Awareness Program for Customers – Emails, Webinars, SMS, Whatsapp, Social Media, Internet and Mobile Banking , Bank Website

24*7 Security Operation Centre (SOC) Monitoring, Centralised Automated Threat Intelligence

Real time monitoring system (RTMS) to detect & arrest transaction frauds in originating system on real time basis – 1st in the Banking Industry

Established Cyber Security Center of Excellence (CCoE )

0.43

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

₹ in crore

Subsidiaries & Joint Ventures

Name of the Entity

Holding (%)

Profit After Tax

9MFY23

9MFY24

Description

Subsidiaries

Union Bank of India (UK) Ltd.

100.00%

17.15

36.06

 Geographical benefits in booking business in UK and Europe.

Union Asset Management Co. Pvt. Ltd.

100.00%

UBI Services Ltd.

Andhra Bank Financial Services Ltd.

Union Trustee Co. Pvt. Ltd.

Joint Ventures

100.00%

6.49

1.78

0.64

0.11

7.73

0.59

0.11

Star Union Dai-ichi Life Insurance Co. Ltd.

25.10%

62.90

41.37

India International Bank (Malaysia) BHD

25.00%

(5.19)

2.83

13.14

 Sponsored by Union Bank of India & Dai-ichi Life Holdings, Inc.  Crossed AUM of Rs. 13,800 Crores.

0.38

 Sourcing Retail loans like Housing, Mortgage, Education & Vehicle loans,

0.29

0.36

MSME loans, Gold loans and Credit cards for parent Bank. 0.29

 Carry on activities/business of Leasing, Hire purchasing and Merchant

Banking

 Act as a trustee company for Union Mutual Fund

 One of the fastest growing private life insurance company in India.  Pan-India presence through 167 Branch Office  Undertaking social responsibility covering 1.2 crores+ lives under PMJJBY.

 Undertaking banking business offering deposit & loan products to cater to

needs and requirements of customers of Malaysia.

 Ensures greater efficiency in resolving the NPAs through approval of cases

ASREC India Ltd.

Associate

26.02%

12.88

8.89

at DRT.

 Made recovery in 200 accounts during Q3FY24.

Chaitanya Godavari Gramin Bank

35.00%

194.64

199.29

 Regional Rural Bank with 256 branches.  Committed to usher in prosperity & plenty by care concern to the financial needs of cross section of rural populace in Guntur, East Godavari & West Godavari Districts.

0.43

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

PAN India Presence:

 Footprints in 25 states ,117 Regional Offices

 Covering 127 locations

Products Sourced:

 Housing Loan, Vehicle Loan, MSME Loan,

Gold Loan & Credit Card

UBISL

Workforce:

 4600+ Employees

0.38

Business & Cost Effectiveness:

0.29

0.36

 Added

2,77,000+

new loan

accounts

0.29

(including credit cards) during 9MFY24.

 Contributed

new

business

100% Subsidiary

Rs. 7300+ Crores during 9MFY24.

 Variable

and

performance

linked

pay/incentives

Services:

 Account Opening Back Office, Recovery

& Collection, Feet on Street, Call

Centres, CBS Helpdesk, Centralized

Vendor Payment

Value Added Services:

 Wealth Management Service, Builder tie-ups,

Vehicle dealer tie-ups, Institutional Broking &

0.43

Online Will writing

Overview

Guidance & Q3 Highlights

Business

Financials

Asset Quality & Capital Adequacy

Financial Inclusion & ESG

Strategic Initiatives / Outcome

Cyber Security

Group Entities & Awards

Awards and Accolades

Vmware “Hero for Good” Award 2023

IBSi Global Fintech Innovation Award 2023

Government

Best Technology Award

Led

Assistive

2nd Rank amongst all PSBs in EASE 6.0 for Q2FY24

0.29

0.36

Received ISO27701:2019 PMS (Privacy System) Information Certification

Management

Global Retail Banking Innovation Awards 2023 by The Digital Banker

0.43

Disclaimer

Except for the historical information contained herein, statements in this presentation which contain words or phrases such as “is”, “aims”, ‘will’, ‘would’, ‘indicating’, ‘expected to’ etc., and similar expressions or variations of such expressions may constitute ‘forward-looking statements’. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward looking statements. These risks and uncertainties include, but are not limited to our ability to successfully implement our strategy, future levels of non-performing loans, our growth and expansion in business, the impact of any acquisitions, the adequacy of our allowance for credit losses, technological implementation and changes, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks as well as other risks. Union Bank undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

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