INDIANB

n .w'rEftE wrErcr-dir i Indian Bank 254-260, 3f4(cid:9) IH tii a 4,e141114114 ALLANAUD - 600 014 tra-r4 Corporate Office INVESTOR SERVICES CELL 254-260, Avvai Shanmugam Salai, / website: www.indian ba n k. in Royapettah, Chennai - 600 014 1410 / e-mail: ibinvestorrelations@indianbank.co.in V3TV/Phone: 044-28134076/28134698/28134484 (cid:9) Ref: 1SC/33/2022-23 Date: 11.05.2022 The Vice President The Vice President National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza,Bandra- Kuria Complex 25, P. J. Towers Bandra East, Mumbai-400 051 Dalai Street, Mumbai-400001 NSE Symbol: INDIANB BSE Scrip Code- 532814 Dear Sir/ Madam, Subject; Presentation on Audited Financial Results of the Bank for the Fourth Quarter and Financial Year ended on March 31, 2022 In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing a copy of Presentation on Audited Financial Results of the Bank for the Fourth Quarter and Financial Year ended on March 31, 2022. This is for your information, records and dissemination please. Yours faithfully, For Indian Bank —7/77 (Dina Nath Kumar) AGM & Company Secretary Encl: a/a Your own Bank, Always with You ` ` Performance Analysis Overcome your financial Build a good habit of saving challenges Q4 / FY 21-22 IB Smart Kid Savings IB Kisan Credit Card (KCC) Account ` Celebrating our Journey of Trust ` ` Safeguard transactions with a touch Drive towards your dream Create your own business Bio-metric login with and live it too!! space INDOASIS App IB Home & Vehicle loans IB My Own Shop Contents 01 Performance Highlights 02 Business Snapshot 03 Financials 04 Capital & Risk Management 05 Asset Quality 06 Financial Inclusion 07 Digital Banking & Business Network 08 Initiatives, Awards & Accolades 2/51 01 Performance Highlights Q4 / FY 22 3/51 Performance Highlights FY 22 ( YoY) 9% Business `10.1 lakh Cr `5.9 lakh Cr `4 .2 lakh Cr Business Deposits Advances CASA% SB: 8% 9% 10% 6 % CA: 14% CD Ratio `2.43 lakh Cr `80433 Cr `88100 Cr `74167 Cr RAM Retail Agri MSME 11% 15% 12% 6% 70% Home & `53852 Cr Mortgage 13% Asset Quality Gross 8.47% Net 2.27 % 87.38% PCR NPA (YoY :138 bps) NPA (YoY: 110 bps) (526 bps) (QoQ: 66 bps) (QoQ: 45 bps) Benchmark Ratios 3.97% 7.21% Domestic 2.91% Cost to Net Cost of Yield on 46.21% `16728 Cr 47 bps 24 bps NIM 6 bps Income Interest Deposits Advances 234 bps 7% Ratio Income Operating Net CRAR `12717 Cr `3945 Cr 12.13% 0.63% 16.53% Profit Profit RoE RoA (Basel III) 16% 31% 150 bps 13 bps 82 bps EPS `32.38 Dividend `6.5 per share 4/51 Business Snapshot ` in Cr DOMESTIC DEPOSITS Sl No Parameter 31.03.2021 31.12.2021 31.03.2022 Q-o-Q (%) YoY (%) Term Deposits Savings Bank Current account 1 Deposits 538071 562575 593618 6 10 TotalDomestic 529264 553537 584661 Domestic 529264 553537 584661 6 10 Deposits 35969 Overseas 8807 9038 8957 -1 2 33266 31861 211120 Deposits breakup 200331 195166 Current 32345 34001 36720 8 14 Savings 195250 200421 211206 5 8 302237 319940 337572 CASA 227595 234422 247926 6 9 CASA % 42.30% 41.67% 41.77% 31.03.2021 31.12.2021 31.03.2022 Term Deposits 310476 328153 345691 5 11 2 Advances 390317 400432 415625 4 6 CASA Domestic CASA% SB % CA % Domestic 379537 385095 395698 3 4 100.00 Overseas 10780 15337 19927 30 85 45.00 42.89 80.00 42.20 42.29 41.42 41.39 CD Ratio % 60.00 72.54% 71.18% 70.02% 40.00 36.87 36.20 35.89 36.19 36.11 40.00 3 Business 928388 963007 1009242 5 9 35.00 6.02 5.22 5.50 6.01 6.15 20.00 Domestic 908801 938632 980358 4 8 30.00 0.00 Mar'21 Jun'21 Sep'21 Dec'21 Mar'22 Overseas 19587 24375 28884 18 47 6/51 Advances (Domestic) 31.03.2022 ` in Cr Retail Sector 31.03.2021 31.12.2021 31.03.2022 YoY (%) Corporates 20% Gross Advances-Domestic 379537 385095 395698 4 39% Retail 69987 75646 80433 15 Agriculture 78775 85257 88100 12 Domestic Credit MSME 70180 72835 74167 6 Agriculture Total (RAM) 218942 233738 242700 11 22% RAM % to Gross Domestic Advances 57.7% 60.7% 61.3% - MSME Corporates 160595 151357 152998 -5 19% Retail 31.03.2021 31.12.2021 31.03.2022 YoY (%) Agriculture 31.03.2021 31.12.2021 31.03.2022 YoY (%) MSME 31.03.2021 31.12.2021 31.03.2022 YoY (%) Home Loan (Incl.Mortgage loans) 47682 51059 53852 13% Crop Loans 64898 68142 69051 6% Micro 29303 28999 30648 5% Investment credit 6327 7706 9241 46% Auto Loan 3649 3948 4198 15% Small 30442 33347 32176 6% Agri allied 1702 3018 3192 88% Personal Loan 3745 4937 5306 42% Medium 10435 10489 11343 9% Infrastructure & Ancillary 5848 6391 6616 13% Jewel Loan Non Priority 3832 4232 4787 25% Total MSME 70180 72835 74167 6% Total Agriculture 78775 85257 88100 12% Other Retail Loan 11079 11470 12290 11% Total Retail 69987 75646 80433 15% Outstanding Cumulative Disbursement 31.03.2022 Details Performance under SHG as on 31.03.22 Nos (in lakhs) Amount (in ` Cr) Amount (in ` Cr) • Nos :3.30 lakh • Balance Outstanding : ` 9524 Cr (YoY: 22 %) GECLS 2.73 10596 8983 • No. of Women Beneficiaries: 44 lakhs PM Svanidhi 1.95 174 72.09 7/51 • Disbursements (FY22) : ` 7035 Cr Performance under Priority Sector ` in Cr 31.03.2022 Mandatory Achievement (Amt) Achievement Segment Target (Excluding PSLC) (Excluding PSLC) Priority Sector 40% 148806 45.47% Agriculture 18% 68936 21.06% Small /Marginal Farmers 9% 34255 10.47% Weaker Section 11% 41458 12.67% Micro under MSME 7.50% 30599 9.35% Non Corporate farmers 12.73% 66776 20.40% All the mandatory targets stipulated by RBI under Priority Sector advances have been surpassed. 8/51 Sector Deployment – Domestic Advances ` in Cr % share to % share to Sector 31.03.2021 Gross 31.03.2022 Gross Advances Advances Infrastructure 60849 16 58521 15 Of which Power 18238 5 18543 5 Port and Road Project 10091 2 9011 2 Other infrastructure 32520 9 30967 8 Basic Metal 9700 3 8006 2 Textiles 6497 2 7196 2 Petroleum and Coal Products 6761 2 8093 2 All Engineering 4739 1 5246 1 Food Processing 8720 2 8968 2 Trade 24356 6 22806 6 Commercial Real Estate 6489 2 7035 2 Home Loans/Auto Loans/Other Retail 69987 18 80433 20 Agriculture 78775 21 88100 22 NBFC 47516 13 51130 13 Others (Other Industries/Sectors) 55148 14 50164 13 Total Domestic Advances 379537 100 395698 100 9/51 Rating wise – Domestic Credit ` in Cr 31.03.2021 31.12.2021 31.03.2022 External Rating Exposure % to Total Exposure % to Total Exposure % to Total Rated Exposure AAA 34414 16% 36710 16% 37827 17% • More than `10 Cr AA 54498 25% 57004 26% 61530 27% A 49499 22% 58951 27% 56875 25% > • For CRE `5 Cr BBB 41574 19% 36355 16% 37298 17% Total BBB and above 179985 82% 189020 85% 193530 86% BB and below 39683 18% 34074 15% 32731 14% Of which, PSU Accounts (More than INR 100 Crore) 11170 28% 11189 33% 10488 32% Corporates (More than INR 100 Crore) 15578 39% 11421 34% 10359 32% Others (Less than INR 100 Crore) 12935 33% 11464 34% 11884 36% Total Rated Exposure 219668 83% 223094 83% 226261 83% Unrated Exposure 45749 17% 45427 17% 46857 17% Of which, PSU with Govt Guarantee 29556 65% 30181 66% 29682 63% PSU without Govt Guarantee 8879 19% 9599 21% 10232 22% Others 7314 16% 5647 12% 6943 15% Total 265417 268521 273118 10/51 Standard NBFC Advances ` in Cr Standard NBFCs Standard NBFC 31.03.2021 % 31.12.2021 % 31.03.2022 % & HFCs as on ` in Cr 31.03.22 NBFC - PSUs 4801 10% 4573 10% 4659 9% NBFCs NBFC - HFCs 18136 39% 18948 41% 20582 42% Bank sponsored 2260 Private Inst & others NBFC - MFIs 1624 4% 1889 4% 2238 5% 46972 Total 49232 NBFC - Others 21441 47% 20653 45% 21753 44% HFCs Total 46002 100% 46063 100% 49232 100% Bank sponsored 1881 Private Institutions 18701 Total 20582 Rating profile of Std NBFCs Rating profile of Std HFCs AAA AA A BBB & Below 1% 1% 2% 3% 3% 43% 44% 50% 53% 53% 47% 31.03.2021 31.12.2021 31.03.2022 11/51 98% is rated A and above Investments - Domestic AFS Book (YoY) ` in Cr Details 31.03.2021 31.12.2021 31.03.2022 YoY (%) SLR Investments 139652 144920 140538 1 Of which Central Government Securities 84814 88726 88284 4 State Government Securities 43880 50546 49634 13 Treasury Bills 10953 5644 2620 -76 Other Approved Securities 5 4 0 -- Non SLR Investments 39918 39765 37897 -5 Total 179570 184685 178435 -1 (i) Held For Trading (HFT) 0 22 41 -- (ii) Available For Sale (AFS) 51595 45813 41931 -19 (iii) Held To Maturity (HTM) 127975 138850 136463 7 Total 179570 184685 178435 -1 Modified Duration of AFS & HFT portfolio 2.26 2.61 2.57 12/51 Non SLR Investments ` in Cr Details Mar-21 Dec-21 Mar-22 PSU Bonds 1596 1210 1319 Corporate and Other Bonds 9997 12252 10402 Special Govt.Sec.(Excluding Recap Bonds) 1908 1853 1793 CG Recap.Bond 17927 17927 17927 Share of PSU/Corporate/Others 2221 2304 2313 Venture Capital Fund 82 151 171 Regional Rural Bank 27 27 27 Security Receipts 3855 3349 3211 Subsidiaries JV 225 225 225 Others 2080 467 509 Total Non SLR Investment 39918 39765 37897 13/51 Operating Profit and Net Profit ` in Cr Quarter Ended Year Ended Sl No Components 31.03.2021 31.12.2021 31.03.2022 Q-o-Q (%) YoY (%) 31.03.2021 31.03.2022 YoY (%) 1 Interest Income 8904 9926 9832 -1 10 39106 38856 -1 2 Interest Expenses 5570 5531 5577 1 0.1 23440 22128 -6 3 Net Interest Income (1-2) 3334 4395 4255 -3 28 15666 16728 7 4 Non Interest Income* 1581 1556 1573 1 -1 5650 6915 22 5 Operating Income (3+4)* 4915 5951 5828 -2 19 21316 23643 11 6 Operating Expenses 2530 2663 3090 16 22 10349 10926 6 7 Operating Profit (5-6)* 2385 3288 2738 -17 15 10967 12717 16 8 Provisions 1589 2493 1915 -23 20 8061 9513 18 9 Profit Before Taxes (7-8) 796 795 823 4 3 2905 3204 10 10 Provision for Taxes -913 105 -161 - - -99 -741 - # 11 Net Profit (9-10) 1709 690 984 43 -42 3005 3945 31 # In FY22, there is a change in DTA calculations from annual to quarterly basis. In Q4 FY21, Net profit was `1709 Cr factoring DTA of `913 Cr as against DTA of `161 Cr in Q4 FY22. * Figures of earlier period have been regrouped wherever necessary to confirm the current year classification - In the light of RBI Master Direction on Financial Statements – Presentation and Disclosures dated 30.08.21 15/51 Income ` in Cr Quarter Ended Year Ended Sl No Components 31.03.2021 31.12.2021 31.03.2022 QoQ (%) YoY (%) 31.03.2021 31.03.2022 YoY (%) 1 Interest Income on Advances and Discount on Bills 6025 6860 6635 -3 10 27455 26928 -2 2 Interest on investments 2789 2797 2752 -2 -1 11167 10965 -2 3 Other interest income 90 269 445 65 394 484 963 99 4 Total Interest Income (1+2+3) 8904 9926 9832 -1 10 39106 38856 -1 5 Profit/Loss on Sale of Investments 454 214 249 16 -45 2124 1626 -23 6 Recovery of bad debts 320 278 197 -29 -38 618 1612 161 7 Fee Income 659 665 813 22 23 2368 2555 8 8 Forex Income 165 148 274 85 66 406 690 70 9 PSLC Commission 107 150 152 1 42 410 571 39 10 Miscellaneous income 39 70 53 -24 36 153 204 33 11 Profit/Loss on Revaluation of Investments * -163 31 -165 -632 1 -429 -343 -20 12 Total Non Interest Income (5 to 11) * 1581 1556 1573 1 -1 5650 6915 22 13 Total Income (4+12) * 10485 11482 11405 -1 9 44756 45771 2 * Figures of earlier period have been regrouped wherever necessary to confirm the current year classification - In the light of RBI Master Direction on Financial Statements – Presentation and Disclosures dated 30.08.21 16/51 Fee Income ` in Cr Quarter Ended Year Ended Sl No Components 31.03.2021 31.12.2021 31.03.2022 Q-o-Q (%) YoY (%) 31.03.2021 31.03.2022 YoY (%) 1 Transaction fees 192 184 178 -3 -7 690 700 1 2 Loan processing charges 156 146 173 18 11 526 574 9 3 Commission on Government business 23 13 30 130 33 74 77 5 4 Commission on LC/BG 96 115 123 6 28 387 408 6 5 Cross selling 28 21 34 59 21 62 86 37 6 Income from PFMS operations 2 5 4 -34 107 15 25 68 7 Rent on Lockers 34 39 35 -8 4 131 125 -5 8 Misc fee Income 128 142 236 66 84 483 560 16 9 Fee Income ( 1 to 8) 659 665 813 22 23 2368 2555 8 17/51 Expenses ` in Cr Quarter Ended Year Ended Sl No Components 31.03.2021 31.12.2021 31.03.2022 Q-o-Q (%) YoY (%) 31.03.2021 31.03.2022 YoY (%) Interest on deposits 1 5290 5221 5198 -0.4 -2 22221 20936 -6 Interest on borrowings 2 26 71 148 110 477 401 248 -38 Other interest expenses 3 254 239 231 -3 -9 818 944 15 4 Total Interest Expenses (1+2+3) 5570 5531 5577 1 0 23440 22128 -6 Salary 5 1154 1139 1310 15 14 4018 4768 19 Employees Benefit * 6 248 428 639 49 158 2360 1927 -18 7 Staff Expenses (5+6) 1402 1567 1949 24 39 6378 6695 5 8 Overheads 1128 1096 1141 4 1 3971 4231 7 9 Operating Expenses (7+8) 2530 2663 3090 16 22 10349 10926 6 10 Total Expenses (4+9) 8100 8194 8667 6 7 33789 33054 -2 * - Includes `403 Cr additional contribution on account of revised ceiling in Family Pension 18/51 Overhead Expenses ` in Cr Quarter Ended Year Ended Sl No Components 31.03.2021 31.12.2021 31.03.2022 Q-o-Q (%) YoY (%) 31.03.2021 31.03.2022 YoY (%) 1 Rent, Taxes & Lighting 149 150 173 15 16 603 614 2 2 Depreciation 208 149 145 -2 -30 633 597 -6 3 Insurance 171 190 190 0 11 682 742 9 4 Travelling and Halting 44 61 52 -15 18 143 196 37 5 Postage, Telecommunications etc. 27 27 25 -7 -7 117 110 -6 6 Repairs and Maintenance 45 56 83 48 84 197 244 24 7 Printing and Stationery 19 18 37 109 93 58 85 47 8 ATM Issuer Fee paid 123 121 116 -5 -6 424 409 -4 9 Others 342 324 320 -1 -7 1114 1234 11 10 Overheads (1 to 9) 1128 1096 1141 4 1 3971 4231 7 19/51 Provisions and Net Profit ` in Cr Quarter Ended Year Ended Sl No Components 31.03.2021 31.12.2021 31.03.2022 Q-o-Q (%) YoY (%) 31.03.2021 31.03.2022 YoY % 1 Operating Profit * 2385 3288 2738 -17 15 10967 12717 16 2 Total Provisions * 676 2598 1754 -32 159 7962 8772 10 Of which NPA - Advances 2870 2439 2046 -16 -29 7318 8447 15 Standard advances -1333 -54 -95 78 -93 469 962 105 Income-tax -913 105 -161 -253 -82 -99 -741 647 Others 52 108 -36 -133 -169 274 104 -62 4 Net Profit (1-2-3) 1709 690 984 43 -42 3005 3945 31 * Figures of earlier period have been regrouped wherever necessary to confirm the current year classification - In the light of RBI Master Direction on Financial Statements – Presentation and Disclosures dated 30.08.21 20/51 Performance Ratios % annualised Quarter Ended Year Ended Sl No Parameters 31.03.2021 31.12.2021 31.03.2022 31.03.2021 31.03.2022 1 Cost of Deposits 4.05 3.85 3.88 4.44 3.97 2 Cost of Funds 4.08 3.86 3.80 4.43 3.90 3 Cost to Income Ratio * 51.47 44.75 53.03 48.55 46.21 4 Yield on Advances 6.27 7.19 7.00 7.45 7.21 5 Yield on Investments 6.41 6.19 6.43 6.63 6.25 6 Return on Assets (RoA) 1.09 0.43 0.62 0.50 0.63 7 Net Interest Margin (NIM) Domestic 2.34 3.03 2.87 2.85 2.91 8 Return on Investments (Domestic) 7.17 6.07 6.59 7.57 6.86 9 Return on Average Networth (RoE) 23.14 8.26 11.70 10.63 12.13 10 Earnings per Share (`) 60.52 22.15 31.61 26.61 32.38 11 Book Value per Share (`) 263.98 270.32 269.98 263.98 269.98 12 Business per Employee (` in Cr) 22.17 23.75 25.20 22.17 25.20 13 Business per Branch (` in Cr) 153.62 166.20 174.90 153.62 174.90 14 Net Profit per Employee (` in lakhs) 16.42 6.85 9.89 7.22 9.91 * Figures of earlier period have been regrouped wherever necessary to confirm the current year classification - In the light of RBI Master Direction on Financial Statements – Presentation and Disclosures dated 30.08.21 21/51 Performance Ratios Cost of Deposits (%) Cost of Funds (%) Yield on Advances (%) 4.05 4.05 3.86 3.85 3.88 4.08 4.08 3.89 3.86 3.80 7.06 6.98 7.19 7.00 6.27 QE Mar 21 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 QE Mar 21 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 QE Mar 21 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 Yield on Funds (%) Yield on Investments (%) (NIM) Domestic (%) 6.41 6.43 6.79 6.63 6.76 6.43 6.20 6.08 6.19 2.85 2.89 3.03 2.87 6.18 2.34 QE Mar 21 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 QE Mar 21 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 QE Mar 21 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 22/51 Capital Adequacy – Risk Management ` in Cr Parameters 31.03.2021 31.12.2021 31.03.2022 Capital 46845 47274 51100 Common Equity Tier I (CET 1) 33609 34777 38725 CRAR % Additional Tier I 1980 1980 1980 15.71% 15.47% 16.53% Total Tier II 11256 10517 10395 3.36% Total Risk Weighted Assets 298097 305509 308938 3.78% 3.44% Tier II CRAR % 15.71 15.47 16.53 0.64% 0.66% 0.65% AT I Risk Weighted Assets (RWA) 31.03.2021 31.12.2021 31.03.2022 Credit 253130 257070 261103 Density 64.85% 64.20% 62.77% Of which Retail 41745 46633 48854 Density 59.65% 61.65% 60.74% 12.53% 11.27% 11.38% CET I Agriculture 27885 29349 29391 Density 35.40% 34.42% 33.36% MSME 51876 55272 50184 Density 73.92% 75.89% 67.66% Market 15319 15053 14509 31.03.2021 31.12.2021 31.03.2022 Density 30.15% 33.64% 35.97% Operational 29648 33386 33386 Density -- -- -- Equity capital ₹1650 Cr raised through QIP during Q1 FY 22 24/51 Share Holding 31.03.2022 Employees, 1.13% Insurance Companies, 3.69% Government of Mutual Funds, Public & Others, FPI, FII,NRI and India, 7.01% Alt. Invest. Funds, 20.14% 79.86% 2.31% Resident Individual, 5.11% HUF,Trusts, Body Corporate and Clearing Members, 0.89% Pattern of Equity Shareholding Shareholder % Promoters 79.86 Public & Others 20.14 Total 100 25/51 Asset Quality - Ratios Amount` Cr Gross NPA Net NPA Gross NPA Net NPA % 38455 37759 36886 36540 35214 9.85 9.69 9.56 9.13 8.47 12271 12653 11749 3.37 3.47 3.26 10155 2.72 8849 2.27 QE Mar 21 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 QE Mar 21 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 Annualised % PCR (Incl TWO) PCR (Excl TWO) % Slippage Ratio Credit Cost 9.36 87.38 85.49 83.32 82.12 82.00 4.78 4.49 3.63 2.99 3.13 74.87 2.15 2.55 72.21 2.31 1.81 68.09 68.15 66.49 QE Mar 21 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 QE Mar 21 QE Jun 21 QE Sep 21 QE Dec 21 QE Mar 22 YE Mar 22- Slippage Ratio : 2.79%% Credit Cost : 2.25% 27/51 Movement of NPA ` in Cr Quarter Ended Year Ended S No Details 31.03.2021 30.06.2021 30.09.2021 31.12.2021 31.03.2022 31.03.2021 31.03.2022 1 Gross NPA opening balance 35237 38455 37759 36886 36540 41998 38455 ADDITIONS : Fresh Slippages 8292 4204 3952 2732 3298 9152 9807 Fresh slippages To old NPAs / Others 21 208 0 73 70 278 358 2 Sub-Total 8313 4412 3952 2805 3368 9430 10165 LESS: Q1 Q2 Q3 Q4 Cash Recovery 2119 657 831 1096 1135 3860 3475 Category FY 21 FY 22 FY 22 FY 22 FY 22 FY 22 Upgradation 116 1647 1698 955 1376 686 1574 Retail 1123 712 150 601 477 1273 Technical Write off 2489 2713 2001 650 1693 7586 7057 Agriculture Normal Write off 371 91 269 450 480 841 1290 1352 379 983 280 417 1730 Exchange difference 0 0 26 0 10 0 10 MSME 3002 2472 746 896 1431 3873 3 Sub-Total 5095 5108 4825 3151 4694 12973 13406 RAM 5477 3563 1879 1777 2325 6876 4 Gross NPA closing Balance (1+2-3) 38455 37759 36886 36540 35214 38455 35214 Corporate 3675 641 2073 955 973 2931 Gross NPA% 9.85 9.69 9.56 9.13 8.47 9.85 8.47 Total 9152 4204 3952 2732 3298 9807 5 Provisions 25643 24509 24518 25910 25761 25643 25761 6 Others (Interest Realisable,etc.) 541 597 619 475 604 541 604 7 Net NPA [4-(5+6)] 12271 12653 11749 10155 8849 12271 8849 Net NPA% 3.37 3.47 3.26 2.72 2.27 3.37 2.27 AUC Recovery 314 359 777 278 197 605 1611 MOI Recovery 46 139 122 93 101 124 455 Total Cash Recovery 2480 1155 1730 1467 1433 4589 5541 Total Recovery (Cash +UPG) 2596 2802 3428 2422 2809 5275 7115 PCR % (including Technical Writeoff) 82.12 82.00 83.32 85.49 87.38 82.12 87.38 PCR % (excluding Technical Writeoff) 68.09 66.49 68.15 72.21 74.87 68.09 74.87 Slippage Ratio (%) (Annualised) 9.36 4.78 4.49 3.13 3.63 2.80 2.79 Credit Cost (%) 2.99 1.81 2.31 2.55 2.15 1.99 2.25 28/51 NPA Position – Sector wise ` in Cr 31.03.2021 31.12.2021 31.03.2022 S % to % to % to Sector Gross Gross Gross No respective respective Outstanding respective NPA NPA NPA portfolio portfolio portfolio 1 Retail Credit 2883 4.12 3451 4.56 80433 3553 4.42% Ofwhich Home Loan 1195 2.86 1375 3.08 46557 1402 3.01% Education Loan 991 21.15 1202 25.55 4626 1211 26.18% Vehicle Loan 183 5.03 229 5.80 4198 240 5.72% 2 Agriculture 8738 11.09 9146 10.73 88100 8884 10.08% 3 MSME 8647 12.32 10126 13.90 74167 10674 14.39% 4 Corporate & Overseas 18187 10.61 13817 8.29 172925 12103 7.00% 5 Total ( 1 to 4) 38455 9.85 36540 9.13 415625 35214 8.47% Priority 18813 14.44 20846 14.43 148806 21136 14.20% Retail Agriculture MSME Corp/Others/ overseas 10% 25% 30% 35% 31.03.22 Sector wise GNPA to 9% 25% 28% 38% Total NPA % 31.12.21 7% 23% 23% 47% 31.03.21 29/51 Status of NCLT 31.03.2022 Category No.of Accounts Exposure Provision PCR% ` in Cr RBI List I 7 2803 2803 100% RBI List II 10 3432 3432 100% Accounts filed by Bank 25 1455 1453 99.86% Accounts filed by other Banks 171 16307 16245 99.62% Total 213 23997 23933 99.73% FY 2021 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 FY 2022 Recovery from NCLT No of Acs Amount No of Acs Amount No of Acs Amount No of Acs Amount No of Acs Amount No of Acs Amount Through Resolution 17 1615 11 75 15 619 17 145 16 52 59 891 Under Liquidation 20 67 17 32 21 29 21 85 30 50 89 196 Total 37 1682 28 107 36 648 38 230 46 102 148 1087 PCR % Exposure% RBI List I 12% RBI List I, 100% RBI List II, 100% Accounts filed by Bank , 99.86% RBI List II 14% Accounts Accounts filed filed by Bank by other Banks , 6% 99.62% Accounts filed by other Banks 68% 0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 30/51 Transfer of NPAs to NARCL Accounts identified by NARCL Indian Bank ` in Cr No of No of accounts Amount Amount accounts 102 198334 34 5438 Phase 1 Accounts identified by NARCL Indian Bank No of No of accounts Amount Amount accounts 22 82496 8* 1923 *3 accounts were resolved; balance in 5 accounts `1240 Cr Phase 2 Accounts identified by NARCL Indian Bank No of accounts Amount No of Amount 23 32512 9 1284 Invested ` 139.49 Cr as Equity in NARCL 31/51 SMA Position SMA position ` 5 Cr and above ` in Cr 31.03.2021 31.12.2021 31.03.2022 % To % To % To Standard Respective % to Total Standard Respective % to Total Standard Respective % to Total Sector SMA 1 SMA 2 Total Advances as Sector Standard SMA 1 SMA 2 Total Advances as Sector Standard SMA 1 SMA 2 Total Advances as Sector Standard on 31.03.21 Standard Advances on 31.12.21 Standard Advances on 31.03.22 Standard Advances Advances Advances Advances Retail 334 56 390 67104 0.58% 0.11% 147 8 155 72195 0.21% 0.04% 232 12 244 76880 0.32% 0.06% Agriculture 516 162 678 70037 0.97% 0.19% 338 51 388 76111 0.51% 0.11% 400 78 478 79216 0.60% 0.13% MSME 1778 722 2500 61533 4.06% 0.71% 1663 492 2154 62709 3.44% 0.59% 1693 579 2272 63493 3.58% 0.60% Corporate & Others 1777 2463 4240 153188 2.77% 1.21% 646 0 646 152878 0.42% 0.18% 512 40 552 160822 0.34% 0.15% TOTAL 4405 3403 7808 351862 2.22% 2.22% 2793 550 3343 363893 0.92% 0.92% 2837 709 3546 380411 0.93% 0.93% SMA % to total Standard Advances - (`5 Cr and above) SMA 1 SMA 2 1.25% 0.97% 0.77% 0.75% 0.18% 0.15% 32/51 31.03.2021 31.12.2021 31.03.2022 Collection Efficiency 99% 99% Corporate 98% 97% 95% 95% Retail Retail 94% 92% MSME 93% Corporate 90% MSME 90% 90% 90% Agriculture 89% 88% 88% Agriculture 88% 85% 85% 78% Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Collection efficiency from Mar'21 to Mar'22 Sector Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Retail 92% 85% 93% 94% 95% Agriculture 85% 88% 89% 88% 90% MSME 90% 78% 88% 90% 95% Corporate 90% 97% 98% 99% 99% Overall Collection 88% 90% 93% 94% 95% 33/51 Sector wise Restructuring details ` in Cr COVID Restructuring COVID 19 SECTOR Outstanding as Addition during Reduction during the year Outstanding Recovery on 31.03.21 the year as on Percentage (Standard) 31.03.2022 Of which Recovery NPA (Standard) Upgradation No Amt No Amt Amt Amt Amt No Amt % Retail 3506 374 96636 8288 0 613 219 88122 7831 85.91% Agriculture 0 0 34040 1205 0 9 38 29585 1158 86.10% MSME 15126 1457 61888 7439 75 322 677 58024 7821 77.46% RAM Total 18632 1831 192564 16932 75 944 934 175731 16810 82.19% Corporate 7 468 10 2698 0 702 851 16 1612 96.94% Total 18639 2299 192574 19630 75 1646 1785 175747 18422 88.81% 34/51 Financial Inclusion - Performance S No FI Parameters Mar'21 Jun'21 Sep'21 Dec'21 Mar'22 1 BCs engaged (Nos.) 9161 9186 9224 9322 9657 2 BSBD Accounts (No. in lakhs) 260 260 263 266 267 3 PMJDY Accounts under BSBDA (No. in lakhs) 179 180 182 183 185 4 Balance in PMJDY accounts (` in Cr) 6779 6529 6693 7046 7609 5 % of Zero Balance accounts 2.30% 2.67% 3.20% 3.93% 4.42% 6 Overdraft Sanctioned (` in Cr) 22.62 27.95 27.97 29.27 29.43 7 Rupay Cards issued (No. in lakhs) 106 106 108 109 110 8 Number of enrolments under PMJJBY (in lakhs) 27 27 28 29 30 9 Number of enrolments under PMSBY (in lakhs) 73 73 76 78 80 10 Number of enrolments under APY (in lakhs) 19 19 21 22 25 11 Number of claims settled under PMJJBY 11794 13534 15220 15749 16672 12 Number of claims settled under PMSBY 2241 3316 3613 3810 3947 13 ATAL Pension - Persistency ratio 59% 56% 54% 54% 55% IB Vs Industry • Average Balance in PMJDY Stands at `4111 in comparison to Industry at ` 3694. • % of Operative PMJDY stands at 88.20% against Industry average of 84%. • % of Zero Balance in PMJDY Stands at 4% against Industry average of 7%. • In APY, Bank bagged 2nd position from PFRDA in terms of annual APY performance with 96 Average Accounts Per Branch (AAPB) and awarded “Annual APY Award for Excellence” for FY 2021-22 for achieving 137% of target. 36/51 07 Digital Banking & Business Network 37/51 Migration to Digital Channels QoQ 77% 76% 70% 60% 60% 40% 40% 30% 24% 23% Mar Jun Sep Dec Mar Mar Jun Sep Dec Mar 21 21 21 21 22 21 21 21 21 22 ATM, BNA & Digital Transactions Branch Transactions 17% YoY Transactions through ATM, BNA & Digital Channels improved by (Q4 FY21 to Q4 FY22) 38/51 Digital Banking Net Banking Users in lakhs Net Banking Transactions in lakhs Debit Cards Users in lakhs Credit Cards Users in lakhs 65 57 332 359 253 270 1.54 1.33 YoY YoY 14% 8% YoY YoY 7% 16% Mar'21 Mar'22 FY21 FY22 Mar'21 Mar'22 Mar'21 Mar'22 Mobile Banking Users in lakhs UPI Users in lakhs Transactions in lakhs Online Transactions* in lakhs Mobile Banking & UPI YoY 28% YoY YoY 48% 59% YoY 28% 11563 68 102 10084 53 7824 80 6334 Mar'21 Mar'22 Mar'21 Mar'22 FY21 FY22 FY21 FY22 * Includes NB,MB,UPI, PoS/e-com 39/51 Digital Banking - Initiatives ATM & Cards Digital Offerings ATM • Interoperability Cash Deposit facility in BNA . • Loan Lifecycle Management System (LLMS) – for ‘End to End’ Digital Lending • Lead Management System (LMS) for conversion of Leads into business. Debit/Credit Card • Integration of National Portal for credit linked Govt. Schemes. • RuPay contactless Credit/Debit cards for contactless payments. • TAB Banking and Video KYC for ease of account opening instantly. • Enabled Rupay debit card for international acceptance. • 3 Digital Banking Units proposed to provide complete digital experience . • EFRM Integration for debit card transactions. • E-mandate introduced on Debit cards and UPI. Digi Touch Other Digital Services Net Banking: BBPS under bill presentment Module & TIN 2.0 portal for IT PoS: SoftPoS, PoS payment Kiosk solution, Android PoS , PoS to RRBs. Mobile Banking PFMS :Implemented Software for managing CSS-SNA • IndOASIS Mobile App optimised & Chatbot assistance introduced FASTag: Recharge Mobile App for retail customers. • GST enablement in UPI & Positive Pay System in IndOASIS DATA Analytics: Developed 35+ analytics model for cross selling etc. • UPI Recurring mandate, UPI International QR facility (@ Singapore) Digi Locker Services: Deposit Interest certificate, account statement & • e-Rupi (UPI prepaid voucher) and voucher redemption app launched e-Passbook . 40/51 Business Network Domestic Overseas Region-wise Branches 3 5732 684 Northern BCs ATMs & 9657 BNAs 140 4925 North Eastern Pan India Touch Points: 20314 399 1403 Western Eastern Population group wise Central 1252 Southern FY22 No.of branches 1854 Opened 21 Merged 88 (291 since amalgamation) 41/51 Staff Position of the Bank Category Average % of Female Total Male Female (as on 31.03.22) age of staff staff Officers 24246 17565 6681 37 28% Clerks 12577 8093 4484 39 36% Sub-staff 2616 2249 367 47 14% Full Time Sweepers 295 225 70 45 24% Total (Domestic) 39734 28132 11602 38 29% New HRM Portal HR Connect Phase-I initiated. 1 Performance Integration of Personal–Profile 2 Management Attendance, Payroll, Pension System (PMS) and Settlement modules. Phase-II to commence from May 2022 Target Setting tool and PMS Profiler tool is LIVE. 3 Health Care Tie up with M/s Practo for free online Doctor consultation for serving and retired staff members. Enrolled: 41108 HRM Initiative 42/51 Initiatives ‘ Project – WAVE ’ World of Advanced Virtual Experience Digital Lending Journeys Creating seamless digital journeys for automated • Created exclusive Digitization Cell on 30.12.2021 for undertaking key digitization initiatives to underwriting aimed at customer convenience spearhead disruptive innovation and co-ordinate with all stakeholders from ideation to implementation. • M/s Boston Consultancy Group as Digital Transformation Consultant .  Launched Pre approved Personal loan product with end to end digitization on 28.04.22, with instant disbursement in 3 Clicks  Major journeys of KCC Renewal , Mudra & Gold Periphery of Transformational journey Loan will be live in next 2-3 months.  Plans to launch 15+ journeys across different verticals with prioritization to RAM Digital Digital Best in Class Digital Future-ready Robust Digital Core Banking integrated branch journeys Transformation Journeys Channels tech. architecture Marketing LLMS platform Roadmap Comprehensive For Lending and • Revamping Digital • Setting up the right Digital Marketing with Digitized through LLMS-Lend Perfect (Loan roadmap chalked out Liability products Channels for a technology stack for customer Experience, Lifecycle Management System) across RAM -basis current with prioritized roll better customer supporting the Performance verticals with 8,3,2 products under MSME, Retail standing & industry outs experience. Transformation. Marketing & Search &Agriculture sector respectively with core banking levers • In the process of • Formulating Cloud Engine Optimization integration. onboarding Omni- Adoption Strategies channel Vendor 44/51 Initiatives Ind Spring Board … Financing for Start-ups MOU with MSME Prerana has been successfully covered in 10 states / UT (Uttar Pradesh, Tamil Nadu, Pondicherry, Maharashtra, Telangana, Uttarakhand, Gujarat, Odisha, West Bengal and BihaIIrT), in 7 languages benefiting more than 1100 entrepreneurs IIT IIT IIT IISc (Ginucwluadhiantgi 342 women entrepreneurs) Madras Bombay Guwahati Bangalore IIM IIM Chennai VIT Bengaluru Kozhikode Angels Vellore Co-lending to Priority Sector MoU with Indiabulls Housing Finance Ltd Indiabulls Commercial Credit Ltd and IIFL Home Finance Ltd 45/51 E S G nvironmental, ocial & overnance (ESG) Practices Environmental Social • Implemented Solar Power plant of 55 kW for IMAGE Auditorium, 106 kW for HO/ CO and 115 kW for 11 • CSR Activities covering Education, Health branches across Chennai city. Care, Environment, Rural Upliftment, Poverty • Harnessing of Solar Power at Corporate Office, and Nutrition classified under Green Building category (Gold Rating Status) and installing in Bank’s own buildings, wherever technically feasible. • 37 RSETIs across the country to impart • LED lamps being installed in new branches. training to unemployed youth in Rural areas. Installation effected in a phased manner at the time • Tabs to students of Rural Zilla Parishad of replacement in other branches School, Nasik • School Bus to Tapan Rehabilitation Society • Ambulances to Indira Gandhi Inst. of Medical Governance Science, Patna & Gandhi Nagar Medical College, Ahmedabad • Stationeries to meritorious students of Pantan and Patgaon School, Assam. • Effective mechanism supported by well defined policies • Smart TV to set up a Digital Class room in and SOPs to manage and oversee the functions of Primary School, Barkherwa, Sitapur Bank. • Blankets to sanitary workers of BBMP, • Technology driven Customer Grievance Redress Bengaluru System (CGRS), an in-house software developed with a • Battery vehicle to Sri Kalahasti temple, flow of several unique features. 46/51 Joint Venture & Subsidiary 31.03.2022 (Provisional) Joint Venture • Consortium of credible Public & Private Corporate entities from India and Sompo of Japan as promoter. In the business of Stock Broking & • Incorporated & licensed in 2007. DP. • Fully operational in April 2009. Listed on NSE and BSE. • Profitable from FY 2013-14. • Bank’s shareholding is 64.84% • Bank’s shareholding : 28.52% • Operating Profit : ` 747 lakhs. • Operating Profit: `111 Cr (FY21: ` 28 Cr) • Net Profit: ` 685 lakhs (YoY:68%) • Net Profit: ` 119 Cr (FY21 : ` 9 Cr) • Stock Broking Income Increased • Net worth: ` 1129 Cr by 5% QoQ and 31 % YoY. • Gross Domestic Premium: ` 3456 Cr Indbank (FY21 : ` 3052 Cr). Merchant Banking Services Ltd • Solvency Ratio: 1.92 (FY21 : 1.90) Subsidiary 47/51 Regional Rural Banks (RRBs) ` in Cr TNGB (Un-audited) SGB (Audited) PBGB (Audited) Total YE YE YE YE Parameters YoY YoY YoY YoY Mar'21 Mar'22 Mar'21 Mar'22 Mar'21 Mar'22 Mar'21 Mar'22 Business 30578 34711 14% 15434 17453 13% 1731 1957 13% 47744 54121 13% Operating Profit 463 571 23% 362 397 9% 14 16 13% 839 984 17% Net Profit 185 232 25% 178 201 13% 9 10 13% 372 443 19% Gross NPA % 2.16 1.65 -51 bps 1.47 1.10 -37 bps 2.56 2.49 -7 bps - - - Net NPA % 0.57 0.11 -46 bps 0 0 0 0 0 0 - - - CRAR % 12.21 12.74 53 bps 13.55 15.19 164 bps 11.98 10.57 -141 bps - - - No. of branches 640 644 - 225 229 - 44 44 - 909 917 - Performance Highlights of RRBs • Business :13% YoY • Operating Profit :17% Growth • Net Profit: 19% • Net NPA% is Nil in 2 RRBs & 0.11% in 1 RRB • Branches increased from 909 to 917 48/51 Awards & Accolades Best Performing Bank under State level NABARD Award in SHG Credit Tamil Nadu State level NABARD Award SHG-Bank Linkage Program for FY 21 Linkage– FY 21 FY 21 Ministry of Rural Development, GoI awarded Indian Award for A w a r d f o r t h e B e s t F i n ancial Performance and Bank , ‘Best Performing Bank-SHG Bank Linkage Best Bank under NABARD’s “SHG Bank Linkage Developmental Initiatives in the State of Tamil Nadu for FY 21 on 08.03.22 at New Delhi Program” for FY 21 received on 14 .12 .21 . - received during July’21 13th State Forum of Bankers Clubs (Kerala), FINNOVI TI AWARD Atal Pension Yojana Banking Excellence & Businessman of the Year For Technical M erger of Equals “2nd Position in ATAL Pension Yojana “2nd Best Performed Bank at National Level under PSBs” 49/51 Enrolments for FY 22 Disclaimer This presentation has been prepared by Indian Bank (the “Bank”) solely for information purposes, without regard to any specific objectives, financial situations or informational needs of any particular person. Certain forward-looking statements in these slides 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, the adequacy of our allowance for credit losses, our provisioning policies, technological changes, investment income, cash flow projections, our exposure to market risks as well as other risks. Indian Bank undertakes no obligation to update the forward-looking statements to reflect events or circumstances after the date thereof. Note: All financial numbers in the presentation are from Audited Financials or Limited Reviewed financials or based on Management estimates. 50/51