INDIANB

$ T^ I<Hf* Indian Bank ALLAHABAD निवेशक सेवाएँ कक्ष INVESTOR SERVICES CELL Ref.No.: ISC/429/2023-24 Date: 24.01.2024 The Vice President The Vice President National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza,Bandra- Kurla Complex 25, P. J. Towers Bandra East, Mumbai-400 051 Dalal Street, Mumbai-400001 NSE Symbol: INDIANB BSE Scrip Code- 532814 Dear Sir/ Madam, Subject: Presentation on Unaudited (Reviewed) Financial Results of the Bank for the Third Quarter and Nine Months Period of FY 2023-24 ended on December 31, 2023 In terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing a copy of Presentation on Unaudited (Reviewed) Financial Results of the Bank for the Third Quarter (Q3) and Nine Months Period of FY 2023-24 ended on December 31, 2023. This is for your information, record and dissemination please. Yours faithfully, For Indian Bank AGM & Company Secretary Encl: a/a कॉर्पोरेट कार्ाालर् : 254-260, अव्वै षण्मुगम सालै, रॉर्र्पेट्टा, चेन्नै – 600 014 Corporate Office: 254-260, Avvai Shanmugam Salai, Royapettah, Chennai – 600 014 फोि Phone: 044-2813 4484/4698, ई-मेल Email: ibinvestorrelations@indianbank.co.in हमें फॉलो करें Follow us on #@(0)03 Effortless & secure digital deposits through IndOASIS Performance Analysis ₹ Q3 / NME FY24 MSME Loans online renewal… Time matters, we save it for you IND GST Advantage.. The ultimate catalyst for Ind Digi Home Loan.. your business growth A Virtual journey to your real house Contents Topic Page 01 Performance Highlights 3 02 Business Snapshot 6 03 Financials 14 04 Capital & Risk Management 23 05 Asset Quality 26 06 Financial Inclusion 33 07 Digital Banking & Business Network 35 08 ESG, Group Entities & Awards 41 2/47 Performance Highlights Q3 FY24 (YoY) 01 3/47 Performance Highlights Q3 FY24 (YoY) BUSINESS Deposits Advances CD Ratio ₹ 6.54 lakh Cr 10% Business RAM Retail Agriculture MSME Corporate Credit Gross NPA Net NPA PCR Asset Quality Cost of Deposits Yield on Advances Yield on Investments RoA Benchmark Ratios ₹ 1 1 . 6 4 1 1 l a % k h C r ₹ 5 . 1 0 1 l a 3 % k h C r 77.93% ₹ 2.97 lakh Cr 13% ₹ 9 9 1 2 4 5 % 1 C r ₹ 1 1 4 1 4 6 2 % 2 C r ₹ 83172 Cr 7% ₹ 1 7 7 1 5 0 1 % 0 C r 4/47 YQ o Yo 4 .4 7 : 2 0 Q : 5 %60 b b pp ss YQ C A S A : 8 S B : 7 % C A : 1 2 % 9 5 .9 0 % o Y : 2 3 1 b p o Q : 2 6 b p % ss 0.53% YoY: 47 bps QoQ: 7 bps RoE Q3 (YoY) 4.99%, 80 bps 8.78%, 59 bps 6.80%, 28 bps 1.11%, 31 bps 19.92%, 471 bps NME (YoY) 4.83%, 81 bps 8.69%, 109 bps 6.77%, 38 bps 1.04%, 29 bps 19.25%, 483 bps Net Interest Income Profit before Tax Net Profit Q3 (YoY) ₹5815 Cr, 6% ₹2747 Cr, 78% ₹2119 Cr, 52% NME (YoY) ₹17258 Cr, 17% ₹7894 Cr, 77% ₹5816 Cr, 52% ₹ in Cr D 5 4 9 9 e c '2 2 M 5 5 a 0 8 r '2 N 3 e t In t e J r e s t In 5 7 0 3 u n '2 3 c o m e S 5 e 7 p 4 1 '2 3 D 5 8 1 5 e c '2 3 D 1 3 9 6 e c '2 2 M 1 4 a 4 7 r '2 3 N e J t 1 u P 7 n r o 0 9 '2 3 f it S 1 e 9 p 8 8 '2 3 D 2 1 1 9 e c '2 3 Consistent Performance (QoQ) Gross NPA % Net NPA % PCR % 6.53 5.95 1.00 95.90 95.64 5.47 0.90 4.97 95.10 4.47 0.70 0.60 0.53 93.82 93.59 Dec'22 Mar'23 Jun'23 Sep'23 Dec'23 Dec'22 Mar'23 Jun'23 Sep'23 Dec'23 Dec'22 Mar'23 Jun'23 Sep'23 Dec'23 5/47 D 0 e .8 c 0 '2 2 M 0 a .8 r 2 '2 3 R o J A ( % 0 .9 5 u n '2 3 ) S 1 e .0 p 6 '2 3 D 1 e .1 c 1 '2 3 ₹ in Cr Domestic Deposits Domestic CASA S l N o 1 2 3 D D A B e p D o O v e p C S C C T d v D o O v C D u s D o O v P a r a m o s i t s m e s t ic e r s e a s o s i t s b u r r e n t a v in g s A S A A S A % e r m D e a n c e s m e s t ic e r s e a s R a t i o i n e s s m e s t ic e r s e a s % e r p t e o e a s r k it u s p 3 1 1 1 . 1 5 5 2 2 4 3 4 4 7 0 0 2 9 8 1 3 1 4 0 5 5 2 2 5 4 0 4 . 2 7 3 3 0 1 1 . 4 5 1 4 7 . 6 8 8 0 0 1 9 1 2 0 2 9 6 1 4 7 1 6 2 1 9 1 0 1 1 0 0 5 6 9 4 7 6 1 2 % % 4 8 6 1 2 3 1 8 2 6 2 0 2 3 0 1 1 . 0 6 6 2 2 4 3 4 4 7 1 0 9 4 1 2 3 2 5 0 8 9 5 3 6 3 7 5 . 2 0 9 0 3 3 7 . 1 3 2 8 3 . 8 3 8 4 0 8 9 8 4 5 0 7 2 6 6 0 6 4 2 0 6 3 4 8 2 1 7 8 8 0 2 9 5 4 3 % % 3 9 4 7 0 7 6 8 1 7 1 0 1 3 1 1 1 . 1 6 6 2 2 3 3 5 4 7 1 1 2 5 2 2 3 2 5 9 9 0 7 3 7 6 0 6 . 2 4 9 4 3 5 9 . 6 4 9 4 5 . 9 3 3 0 0 1 4 7 8 6 5 6 8 3 4 9 7 1 2 5 0 5 1 9 1 7 4 0 5 4 3 5 5 9 3 % % 4 1 3 4 8 2 2 0 5 5 4 6 8 Q o Q ( % 1 1 ) 2 2 9 1 1 1 3 4 3 5 3 2 1 Y o Y ( % 1 8 1 1 1 1 2 1 4 ) 0 8 9 2 7 8 1 3 2 9 1 9 8 D o Ca SB TD D o m e s tic D e p o s its m e s tic C u r r e n t c c o u n t a v in g s a n k e r m e p o s it s 3 A 1 S A . 1 2 . 2 3 2 2 1 4 0 5 8 2 4 9 5 3 0 9 3 5 2 2 3 0 0 3 3 9 4 7 1 9 6 8 7 3 0 . 0 9 . 2 3 2 3 2 6 0 6 2 2 3 3 2 1 5 9 5 4 3 9 6 7 0 8 9 4 6 6 7 6 8 9 2 3 1 . 1 2 . 2 3 2 3 2 7 0 6 2 9 4 2 5 8 9 2 3 3 0 1 5 6 2 1 0 4 7 9 2 3 0 2 1 Business Snapshot 100.00 48.00 90.00 46.00 80.00 44.00 41.18 41.37 41.14 70.00 42.00 60.00 CASA% 40.00 50.00 36.12 36.05 35.85 38.00 40.00 SB % 36.00 30.00 34.00 20.00 CA % 5.06 5.32 5.29 32.00 10.00 30.00 0.00 Dec'22 Sep'23 Dec'23 7/47 ₹ in Cr Retail 21% Corporates 37% Domestic Credit Agriculture 24% MSME 18% G T R r o A o R A M t a M C s s A e t a i g r i c S M l ( R A % o r p d v l u lt u E M ) t o o r a a r G t n c e r o e s e s s s S - D e D c o t o o m m r e e s s t i t c i c A d v a n c e s 3 1 . 1 4 2 6 1 2 . 2 0 2 4 8 7 9 8 7 7 6 2 1 . 9 6 1 2 1 2 2 3 8 6 3 2 6 1 2 7 1 % 5 2 9 0 2 1 1 3 0 . 0 4 1 2 6 1 9 . 2 0 5 8 9 5 1 0 8 0 8 5 2 . 3 7 2 2 6 3 4 1 8 3 7 3 8 7 0 1 9 % 9 1 1 4 6 1 0 3 1 . 1 4 1 2 6 1 2 . 2 0 7 4 9 9 1 4 8 3 9 6 2 . 5 7 7 2 3 2 4 1 8 8 5 3 5 5 2 7 4 % 1 5 1 2 2 5 0 Y o Y 1 1 1 1 1 2 4 6 7 3 - 0 ( % ) H A P J O R e ta il o m e L o a n ( I n c l.M o u to L o a n e r s o n a l L o a n e w e l L o a n N o n P r io th e r R e ta il L o a n R e t a il r tg a r ity g e lo a n s ) 3 1 .1 2 .2 5 1 8 0 7 4 6 5 3 7 2 2 9 6 1 1 2 2 6 9 4 9 1 1 3 9 9 2 6 9 3 0 .0 9 .2 6 1 9 0 2 6 8 5 2 5 2 3 2 8 2 9 6 6 4 2 7 0 3 7 9 1 8 2 1 1 3 1 .1 2 .2 6 1 9 0 4 7 8 5 3 9 2 3 2 6 6 3 2 3 4 9 4 2 4 5 3 1 8 6 3 1 Y o Y ( % 1 4 3 1 2 6 0 8 2 4 ) % % % % % % Advances (Domestic) Agriculture 31.12.2022 30.09.2023 31.12.2023 YoY (%) Crop Loans 74029 84726 86787 17% Investment Credit 11892 12450 12759 7% Agri allied 3345 4470 5296 58% RAM Corporate Credit 31.12.2023 Infrastructure & Ancillary 8954 8758 9580 7% Agriculture 98220 110404 114422 16% 296845 285891 262811 MSME 31.12.2022 30.09.2023 31.12.2023 YoY (%) 172790 177510 161351 Micro 33522 35783 39721 18% Small 31927 33092 32654 2% Medium 11923 11241 10797 -9% M SME 77372 80116 83172 7% 31.12.2022 30.09.2023 31.12.2023 8/47 ₹ in Cr P A S W M N S r i g r m e i c o n e o i c a a r o g m e r i t y u l t u r l l a n d k e r S u n d C o r p n S e e e o t ( e M c r r a a s o n c t o r a r g i n t i o n M S M t e f a 3 a l E r m 1 F e . 1 a r 2 r s . m 2 3 e ) r s R ( B a s I B % e o n 4 f c 0 1 1 1 1 A h . 8 0 2 7 3 m N 0 . . . . . 0 0 0 5 7 B 0 a 0 0 0 0 8 C % r % % % % % k ) M a n d ( A a t m o r o y u 1 T n 5 7 3 4 2 5 a t ) 6 0 9 7 9 4 r 9 g 6 2 0 4 0 3 e 1 3 7 2 6 t 0 8 2 9 4 2 A 1 ( E m 7 A x 1 7 4 5 3 5 c c l o u 4 7 1 1 9 2 1 9 6 9 6 h u n 8 2 8 5 4 8 i e d t 0 4 1 8 9 8 i v n e g 4 m P 3 1 1 1 1 1 e n S % . 7 9 . 0 . 3 . 0 . 5 . L 6 7 2 1 2 t 1 C 6 0 9 1 1 % ) % % % % % Priority Sector Lending Surpassed all the mandatory targets stipulated by RBI under Priority Sector advances Position as on 31.12.2023 Self Help Group PM SVANidhi STAND Up INDIA MUDRA (including RRBs) • No. of SHGs : 4.06 lakh • Balance Outstanding: ₹18293 Cr Q3 NME (Cumulative till Dec’23) (Cumulative till Dec’23) Disbursement details (YoY: 40%) FY24 FY24 • No of loans Disbursed : 5.35 lakh • No. of loans Disbursed : 10096 • Disbursements (Q3 FY24): ₹4471 Cr • Amount of Disbursements : ₹684 Cr • Amount of Disbursements: ₹2176 Cr No. of loan accounts (in lakhs) 1.87 5.73 • Women Beneficiaries: 55 lakhs (Nos) • Achievement: 94% Amount disbursed (₹ in Cr) 3027 8495 9/47 ₹ in Cr % share % share Sector 31.12.2022 to Gross 31.12.2023 to Gross Advances Advances Infrastructure 55817 13 58668 12 o f w h i c h Sector Deployment – Domestic Advances Power 19246 5 21081 4 Port and Road Project 9059 2 8491 2 Other infrastructure 27512 6 29096 6 Basic Metal 9957 2 10192 2 Textiles 7387 2 8193 2 Petroleum and Coal Products 6073 2 6253 1 All Engineering 5407 1 7051 2 Food Processing 8690 2 10262 2 Trade 21522 5 26200 6 Commercial Real Estate 11193 3 17329 4 Home Loans/Auto Loans/Other Retail 87219 21 99251 21 Agriculture 98220 23 114422 24 NBFC 60324 14 54012 11 Others (Other Industries/Sectors) 52353 12 62522 13 Total Domestic Advances 424162 100 474355 100 10/47 External Rating-wise Advances ₹ in Cr External Rating 31.12.2022 30.09.2023 31.12.2023 (More than ₹10 Cr; For CRE/MSME > ₹25 Cr) Exposure % to Total Exposure % to Total Exposure % to Total 1. Rated Exposure AAA 37518 16% 42275 18% 41827 17% AA 69728 30% 71187 30% 75911 31% A 58842 25% 67000 28% 67901 28% BBB 41150 18% 35732 15% 34650 14% Total BBB and above (i) 207238 88% 216193 90% 220289 90% BB and below (ii) 27852 12% 23845 10% 24981 10% Of which, PSU Accounts (More than ₹100 Cr) 6033 22% 4337 18% 4545 18% Corporates (More than ₹100 Cr) 10191 37% 9674 41% 11157 45% Others (Less than ₹100 Cr) 11628 42% 9834 41% 9279 37% Total Rated Exposure[ (1) = (i) + (ii) ] 235090 240038 245270 2. Unrated Exposure PSU with Govt Guarantee 25279 62% 29031 60% 28746 60% PSU without Govt Guarantee 8166 20% 9020 19% 9312 19% Others 7399 18% 9962 21% 10076 21% Total Unrated Exposure (2) 40844 48013 48134 Total (1+2) 275934 288051 293404 11/47 ₹ in Cr Rated A and above: 99% Rated A and above: 100% S N N N N t B B B B a F F F F n C C C C d T a - - - - r P H M O o d t S F F t h a N U C Is e l B s s r s F C 3 1 . 1 2 . 2 2 6 2 6 3 1 8 0 0 7 1 7 6 2 2 4 2 3 7 8 2 4 5 8 8 5 1 % 1 3 4 0 1 8 3 8 0 % % % % % 3 0 . 0 9 . 2 3 6 2 4 3 1 3 3 0 8 8 8 1 6 2 3 9 2 2 6 3 2 1 4 1 8 1 % 3 5 0 8 7 3 2 0 % % % % % 3 1 . 1 2 . 2 3 6 2 2 3 1 2 1 0 7 4 8 9 0 2 7 4 5 8 5 3 6 3 0 4 3 1 % 3 5 0 5 8 3 4 0 % % % % % Standard NBFCs 31.12.2022 30.09.2023 31.12.2023 Out of Std NBFCs 31.12.2022 30.09.2023 31.12.2023 NBFCs HFCs Bank sponsored 4309 5808 5757 Bank sponsored 3203 3133 2996 Private Inst & others 55976 57860 55296 Private Institutions 19922 20758 20447 Total 60285 63668 61053 Total 23125 23891 23443 3 1 1 4 4 .1 10 7 2 2 R %% % % .2 a 0 t 2 i nA 2 A gA o fA 3 SA 0 t a nA 1 % 8 % 4 3 % 4 8 % .0 9 .2 d 0 aB 2 rB 3 dB & N B Be F lo w 3 1 C 4 4 .1 s 18 4 7 2 %% % % .2 0 2 3 3 % 3 1 3 5 .1 9 8 2 R % % .2 0 a 2 t 2 i A n A g A 3 o % f A 3 A 0 S t a n A 3 6 % 6 1 % .0 9 .2 0 d B 2 a 3 B r B d & H B 3 F e lo % 3 C w 1 s 3 6 .1 3 4 2 % % .2 0 2 3 Standard NBFC Advances 12/47 ₹ in Cr AFS Book (YoY) S O N ( M L R f w h o n T o t ( i ) ( i i ) i i i ) o d I ic S a H A H i f D e t a ils n v e s t m e n t s ( a ) h C e n t r a l G o v e r n m e n t S S t a t e G o v e r n m e n t S e T r e a s u r y B i l l s O t h e r A p p r o v e d S e c u L R I n v e s t m e n t s ( b ) l D o m e s t i c I n v e s t m e n t s e l d F o r T r a d i n g ( H F T ) v a i l a b l e F o r S a l e ( A F S ) e l d T o M a t u r i t y ( H T M ) T o t a l ( i ) + ( i i ) + ( i i i ) i e d D u r a t i o n o f A F S & H F e c u r i t i e c u r i t i e s r i t i e s ( a ) + ( b ) T p o r t f o s l i o 3 1 . 1 1 2 4 3 1 1 1 . 2 4 9 3 4 8 2 7 8 2 4 2 3 9 8 2 0 6 2 8 5 6 3 3 4 5 3 2 2 6 5 7 4 8 5 4 3 7 5 . 2 2 8 3 1 4 0 6 4 8 1 5 4 0 3 0 . 0 1 9 6 4 2 1 2 . 2 0 9 8 5 9 2 2 0 3 5 6 4 6 0 3 0 6 8 8 0 8 5 5 2 7 5 2 2 9 0 9 0 6 6 4 7 3 6 . 8 3 9 1 3 5 0 1 0 3 9 8 0 4 3 1 . 1 1 2 6 4 2 1 2 . 2 0 9 9 5 9 1 5 0 6 5 9 4 6 0 6 0 8 2 8 7 3 2 4 0 7 2 2 2 2 8 1 1 8 0 3 2 4 0 . 8 3 0 5 9 6 0 4 4 3 4 7 4 3 Y o Y ( % ) 1 2 - 3 2 1 2 3 1 1 6 2 3 0 3 4 9 5 3 - - Investments (Domestic) 31.12.2022 9% 1% 12% 46% 32% G sec & T Bill Corporate Bonds CP SDLs Others 31.12.2023 Investment Portfolio 203560 206204 182354 SLR Non-SLR 16% 160699 160820 42% 144668 78% 79% 79% 37686 21% 4286121% 45384 22% 15% 31.12.2022 30.09.2023 31.12.2023 27% 13/47 Operating Profit & Net Profit ₹ in Cr Quarter Ended Nine Months Ended Year Ended Sl No Components 31.12.2022 30.09.2023 31.12.2023 QoQ (%) YoY (%) 31.12.2022 31.12.2023 YoY (%) 31.03.2023 1 Interest Income 11834 13744 14198 3 20 32698 40990 25 44942 2 Interest Expenses 6335 8003 8383 5 32 17981 23732 32 24717 3 Net Interest Income (1-2) 5499 5741 5815 1 6 14717 17258 17 20225 4 Non Interest Income 1716 1992 1902 -5 11 5149 5604 9 7143 5 Operating Income (3+4) 7215 7733 7717 -0.2 7 19866 22862 15 27369 6 Operating Expenses 3154 3430 3620 6 15 8611 10327 20 12098 7 Operating Profit (5-6) 4061 4303 4097 -5 1 11255 12535 11 15271 8 Provisions (excl. Taxes) 2515 1551 1350 -13 -46 6794 4641 -32 9356 9 Profit Before Taxes (7-8) 1546 2752 2747 -0.2 78 4461 7894 77 5915 10 Provision for Taxes 150 764 628 -18 319 627 2078 231 633 11 Net Profit (9-10) 1396 1988 2119 7 52 3834 5816 52 5282 15/47 ₹ in Cr S l N 1 2 3 4 5 6 7 8 9 1 0 1 1 1 2 1 3 o I I O T P P R F F P M T T n n C o m p o n t e r e s t I n c o m e o n A d v a n c e t e r e s t o n in v e s t m e n t s t h e r in t e r e s t in c o m e o t a l I n t e r e s t I n c o m e ( 1 + 2 r o f it / L o s s o n S a le o f I n v e s r o f it / L o s s o n R e v a lu a t io n o e c o v e r y o f b a d d e b t s e e I n c o m e o r e x I n c o m e S L C C o m m is s io n is c e lla n e o u s in c o m e o t a l N o n I n t e r e s t I n c o m e o t a l I n c o m e ( 4 + 1 2 ) e n t s s a n d + 3 ) t m e n t f I n v e ( 5 t o D s s 1 is t m 1 ) c e o n u t s n t o n B ills 3 1 . 1 2 1 1 . 2 8 2 1 1 3 0 5 9 3 8 1 4 7 2 7 5 2 5 1 6 3 3 6 2 0 9 4 5 1 5 2 2 8 4 4 4 7 6 4 4 0 1 6 0 3 0 . 0 9 1 1 1 . 2 0 3 3 1 5 0 0 3 3 7 1 1 5 8 1 9 7 Q 2 3 4 6 4 7 5 0 0 8 6 9 9 3 u 3 0 7 7 4 3 0 8 5 8 9 9 2 6 a r 3 t e 1 r . 1 E 2 1 1 1 n . 2 0 3 4 1 6 d 0 3 4 4 1 2 4 8 1 9 1 e 2 4 2 2 9 3 9 1 5 8 6 5 0 0 d 3 9 0 9 8 4 4 8 2 4 7 3 2 0 Q o Q ( % 1 3 - 3 - 1 - 4 - - - ) 3 2 7 3 5 7 8 6 5 1 6 5 2 Y o Y ( 3 % - 2 1 1 2 7 4 2 7 1 1 1 - ) 1 7 8 0 5 0 2 1 1 8 4 1 9 3 1 . 1 2 2 3 3 . 2 3 8 1 2 - 1 2 5 7 N 0 0 5 0 6 3 1 3 0 9 4 1 1 8 in 2 2 9 8 2 9 6 5 1 5 6 3 6 4 4 e 1 1 6 8 4 2 7 5 3 8 4 9 7 M 3 o 1 n . t 1 h 2 2 4 4 s . 2 9 9 1 0 1 2 5 6 E 0 9 8 1 9 7 3 1 3 3 4 1 6 5 n 2 8 5 5 9 4 7 0 2 7 8 9 0 9 d 3 2 3 5 0 0 5 6 8 0 8 7 4 4 e d Y o Y - ( 1 % - - 3 1 1 2 0 1 1 6 1 2 2 ) 0 5 3 5 3 6 3 2 1 0 9 3 Y 3 e 1 a . r 0 E 3 . 3 1 4 5 n 2 1 1 1 4 2 2 1 7 2 d e 0 2 9 6 3 9 3 - 1 9 0 4 2 1 0 d 3 4 4 5 4 8 8 7 6 0 7 1 4 8 1 7 4 2 1 7 7 9 9 9 5 3 5 Income 16/47 ₹ in Cr S l N 1 2 3 4 5 6 7 8 9 o T L C C C I R M F n C o m r a n s a c t io n f e e s o a n p r o c e s s in g o m m is s io n o n G o m m is s io n o n L r o s s s e llin g c o m e f r o m P F M e n t o n L o c k e r s is c f e e I n c o m e e e I n c o m e ( 1 t p o n e n t s c h a r g e s o v e r n m C / B G S o p e r o 8 ) a e t n io t n b s u s in e s s 3 1 . 1 2 . 2 0 1 1 1 1 7 2 6 7 1 1 3 1 3 5 0 2 3 5 6 7 9 1 3 0 4 3 0 . 0 9 . 2 0 2 2 2 8 Q 2 3 0 9 0 0 1 8 9 4 4 2 2 3 5 0 5 0 5 u a r 3 t e 1 r . 1 E 2 n . 2 d 0 1 1 1 2 8 e 2 8 9 2 1 5 1 4 3 5 d 3 4 0 0 5 2 6 3 2 2 Q o Q ( 7 % - 1 1 2 2 0 2 1 - ) 2 5 1 2 4 0 3 3 6 Y o Y ( % 1 2 3 4 3 5 2 ) 3 9 5 - 2 3 5 0 5 1 3 1 . 1 2 . 2 2 N 0 5 4 3 4 0 in 2 2 4 0 8 5 5 4 2 1 8 8 3 8 9 8 3 1 5 5 e M 3 o 1 n . 1 t h 2 s . 2 2 E 0 5 5 3 1 1 6 3 n d 2 3 6 4 2 7 5 6 0 5 1 8 2 4 1 7 1 7 2 8 e d Y o Y ( % - 3 3 1 4 1 ) 4 9 4 - 5 4 7 9 3 3 Y 3 e 1 a . r 0 E 3 . n d 2 0 2 e 2 7 6 4 1 1 7 9 d 3 0 9 7 6 3 4 4 1 6 4 3 6 1 6 4 4 1 9 Fee Income 17/47 ₹ in Cr S l N 1 2 3 4 5 6 7 8 9 1 0 o I I O T S E S O O T n n C o m p o n e n t s te r e s t o n d e p o s its te r e s t o n b o r r o w in g s th e r in te r e s t e x p e n s e s o t a l In t e r e s t E x p e n s e s ( a la r y m p lo y e e s B e n e f it t a f f E x p e n s e s ( 5 + 6 ) v e r h e a d s p e r a t in g E x p e n s e s ( 7 + 8 o t a l E x p e n s e s ( 4 + 9 ) 1 ) + 2 + 3 ) 3 1 . 1 2 . 2 0 5 6 1 1 1 3 9 2 9 1 2 3 4 5 9 1 1 4 2 1 9 3 3 4 4 9 6 5 8 1 1 3 5 3 8 1 3 4 9 3 0 . 0 9 . 2 1 0 7 8 1 2 1 3 1 2 5 4 0 6 5 1 2 4 4 Q 3 7 1 0 0 3 4 7 5 3 3 u 9 8 6 3 0 7 7 3 0 3 a r t 3 e 1 r . 1 E 2 n . d 2 0 7 8 1 2 1 3 1 2 e 2 9 3 3 6 6 3 2 6 0 d 3 1 8 8 8 5 7 3 8 2 0 5 6 2 3 8 9 7 3 0 3 Q o Q - ( % ) - 2 4 6 5 2 4 7 2 6 5 Y o Y ( % - 3 5 6 3 1 2 1 1 1 2 ) 4 5 4 2 5 4 7 0 5 6 3 1 . 1 2 . 2 1 1 2 0 6 7 3 1 5 3 8 6 N 2 8 4 6 9 8 4 3 3 6 5 in 2 5 7 4 2 8 2 8 1 8 8 1 9 0 7 0 4 1 1 9 2 e M 3 1 o . n 1 t 2 h s E . 2 0 2 2 2 3 2 1 1 2 3 7 4 8 1 8 6 6 3 6 1 0 3 3 4 0 n 3 7 9 1 0 4 3 3 2 0 5 2 6 3 1 9 6 2 7 5 9 d e d Y o Y ( % - ) 3 5 6 3 2 2 2 1 2 2 3 3 8 2 4 9 5 2 0 8 Y 3 e 1 a . r 0 3 E . n 2 2 2 1 3 d 0 3 4 5 2 7 4 2 6 e 2 1 6 9 7 4 1 5 5 0 8 d 3 8 1 1 1 0 2 2 7 9 1 4 6 7 7 3 4 7 1 8 5 Expenses 18/47 Overhead Expenses ₹ in Cr Quarter Ended Nine Months Ended Year Ended Sl No Components 31.12.2022 30.09.2023 31.12.2023 QoQ (%) YoY (%) 31.12.2022 31.12.2023 YoY (%) 31.03.2023 1 Rent, Taxes & Lighting 159 164 160 -2 1 449 477 6 621 2 Depreciation 131 135 130 -4 -1 400 399 -0.3 529 3 Insurance 210 214 225 5 7 606 650 7 814 4 Travelling and Halting 58 60 52 -13 -10 166 154 -7 219 5 Postage, Telecommunications etc. 24 28 26 -7 8 70 81 16 96 6 Repairs and Maintenance 56 65 70 8 25 129 186 44 192 7 Printing and Stationery 23 22 21 -5 -9 72 63 -13 99 8 ATM Issuer Fee paid 115 131 126 -4 10 324 379 17 456 9 Others 387 434 473 9 22 1088 1307 20 1545 10 Overheads (1 to 9) 1163 1253 1283 2 10 3304 3696 12 4571 19/47 Provisions & Net Profit ₹ in Cr Quarter Ended Nine Months Ended Year Ended Sl No Components 31.12.2022 30.09.2023 31.12.2023 QoQ (%) YoY (%) 31.12.2022 31.12.2023 YoY (%) 31.03.2023 1 Operating Profit 4061 4303 4097 -5 1 11255 12535 11 15271 2 Total Provisions 2665 2315 1978 -15 -26 7421 6719 -9 9989 Of which NPA - Advances 1474 918 905 -1 -39 5476 2753 -50 6516 NPA - Investments 39 50 -10 - - 405 14 -97 405 Standard advances 990 574 398 -31 -60 851 1800 112 2295 Income-tax 150 764 628 -18 - 627 2078 - 633 Others 12 9 57 - - 62 74 19 140 3 Net Profit (1-2) 1396 1988 2119 7 52 3834 5816 52 5282 20/47 Performance Ratios % Annualised Sl Quarter Ended Nine Months Ended Year Ended Ratios No 31.12.2022 30.09.2023 31.12.2023 31.12.2022 31.12.2023 31.03.2023 1 Cost of Deposits 4.19 4.89 4.99 4.02 4.83 4.09 2 Cost of Funds 4.26 4.97 5.09 4.04 4.94 4.14 3 Yield on Advances 8.19 8.75 8.78 7.60 8.69 7.76 4 Yield on Investments 6.52 6.77 6.80 6.39 6.77 6.45 5 Net Interest Margin (NIM) 3.67 3.46 3.41 3.31 3.47 3.37 6 Net Interest Margin (NIM) Domestic 3.74 3.52 3.49 3.35 3.54 3.41 7 Return on Assets (RoA) 0.80 1.06 1.11 0.75 1.04 0.77 8 Return on Average Networth (RoE) 15.21 19.90 19.92 14.42 19.25 14.73 9 Earnings per Share (₹) 44.84 63.84 67.12 41.05 61.97 42.41 10 Book Value per Share (₹) 299.83 328.13 347.73 299.83 347.73 300.55 11 Cost to Income Ratio 43.71 44.36 46.90 43.35 45.17 44.20 12 Business per Employee (₹ in Cr) 25.36 27.30 28.22 25.36 28.22 26.61 13 Business per Branch (₹ in Cr) 179.92 191.66 196.35 179.92 196.35 187.38 14 Net Profit per Employee (₹ in lakhs) 13.63 19.45 20.87 12.48 19.09 12.95 21/47 % Annualised Quarter performance D 8 4 e .1 .1 c C 9 9 -2 o 2 s t o f D e p o s i t s S 8 4 e .7 .8 p 5 9 -2 3 Y ie ld o n A d v a n D c e 8 .7 4 .9 e c s 8 9 -2 3 D 7 4 e .9 .2 c 0 6 - 2 2 C o s t o f F u n d s S 8 4 e .2 .9 p 7 7 - 2 3 Y ie ld o n F u n d s D 8 5 e .3 .0 c 2 9 - 2 3 Performance Ratios Return on Assets (RoA) Return on Average Networth (RoE) Earnings per Share (₹) Book Value per Share (₹) 19.90 19.92 347.73 15.21 328.13 299.83 67.12 63.84 0.80 1.06 1.11 44.84 Dec-22 Sep-23 Dec-23 Dec-22 Sep-23 Dec-23 22/47 ₹ in Cr *Market RWA/Trading Book S N 1 2 3 o C O M O R r e f w a r p e W is k d it h ic h R A M k e t r a t io e ig h e ta il g r ic u S M E n a l A te d ltu r e s s e ts (R W A ) D e n s ity D e n s ity D e n s ity D e n s ity D e n s ity * D e n s ity 3 1 .1 2 .2 2 6 9 5 9 .6 5 5 8 3 3 1 5 6 5 1 5 3 6 .4 3 7 - - 0 2 2 5 8 2 9 % 0 9 9 2 .4 6 % 1 3 3 4 .9 0 % 0 6 5 3 .4 7 % 5 6 9 4 % 5 3 2 3 0 .0 9 .2 2 8 8 5 8 .6 5 6 0 3 2 9 5 6 6 2 2 4 0 .3 4 2 - - 0 2 3 4 8 7 0 % 7 3 7 3 .1 6 % 2 6 7 7 .6 0 % 3 2 8 2 .5 1 % 8 6 1 4 % 3 7 2 3 1 .1 2 .2 3 1 4 6 1 .7 6 6 4 3 3 0 5 6 8 2 3 3 9 .3 4 2 - - 0 2 3 5 8 6 1 % 3 7 5 4 .2 4 % 4 6 9 2 .3 2 % 6 9 4 5 .4 7 % 2 3 2 6 % 3 7 2 3 1 1 3 0 1 . 1 . 1 . 6 . 9 2 6 % 1 % 7 . 2 % 0 2 2 1 T2 C ie.5 r8 E I% T 1 A 3 d 1 0 d 2 0 2 . 0 i t i o . 9 0 . 5 6 . 0 9 . n % % 7 2 a % 0 l T 2 i 3 e r I T T 1 2 ie ie.6 r r3 II I% 3 1 1 2 0 2 . 1 . . 7 5 . 2 3 0 2 . % % 6 2 % 0 2 3 1 T2 ie.8 r8 I% Credit RWA/Gross Advances 59.69% 58.60% 61.71% 31.12.2022 30.09.2023 31.12.2023 Successful QIP Placement of ₹4000 Cr S N 1 2 3 4 5 6 o C A T T T o d ie o o m m d it io r II t a l C t a l R P a r a o n E q u n a l T ie a p it a l ( is k W e C R A R m e t e r it y T ie r I 1 + 2 + 3 ig h t e d % ( 4 s r I ( ) A s /5 ) C s E e T t s 1 ) 3 1 .1 2 3 .2 3 8 1 1 0 5 0 2 2 1 0 6 9 2 8 6 5 2 3 8 0 1 8 .7 2 8 0 2 9 3 4 3 0 .0 9 3 .2 4 2 1 1 0 5 4 5 3 1 0 6 9 2 9 7 5 2 8 8 7 3 1 .5 3 0 0 1 1 9 3 3 1 .1 2 3 .2 4 6 1 1 0 5 9 8 0 1 0 9 9 2 2 1 5 2 7 8 6 3 9 .5 3 7 8 8 4 1 8 Capital & Risk Management 24/47 As on 31.12.2023 Ratings G o v e rn m7 3 e n t o .8 4 % f In d ia S h a r G o v P u b T o t a e e l i l h r c o n m & l d e O i n n t g t h o e P a f I r s t n t e d r n i a 7 2 % 3 . 6 . 1 8 1 0 4 6 0 % % % M u tu a l F u n d s : 1 0 .5 3 % R e s id e n t In d iv id u a l: 3 .0 9 % In s u ra n c e C o m p a n ie s : 4 .7 8 % F P I,F II, N R I & A IF : 6 .5 2 % E m p lo y e e s : 0 .4 8 % H U F ,T ru s ts , F I / B a n k s , B o d y C o rp o ra te , & C le a rin g M e m b e rs : 0 .7 6 % Share Holding & Ratings Issuer Credit Rating (Global) S & P Global Ratings BBB-/Stable/ A-3 AT-1 & Tier -2 Bond’s AT 1 Perpetual Tier -II Rating Bonds Bonds CRISIL Ratings Ltd AA+ / Stable AAA / Stable CARE Ratings Ltd India Ratings & - AA+ / Research Stable Certificate of Deposits CRISIL Ratings Limited A1+ Reduction in GoI Holding from 79.86% to 73.84% as Bank raised ₹4000 crore as Capital via QIP 25/47 G 2 9 4 8 4 4 2 7 1 D e c - 2 2 r o s s N P A N e t N 2 4 4 8 8 2 8 2 6 S e p - 2 3 P A A m o u 2 2 7 8 7 2 5 7 9 D e c - 2 3 n t ₹ C r D 1 e .0 c 0 - 2 G 6 2 r .5 o 3 s s N P A S 0 e N e 4 .6 0 p - 2 t N .9 7 3 P A % 0 D e .5 c 4 3 - 2 .4 3 7 Asset Quality Quarter performance Annualised % PCR (Incl TWO) PCR (Excl TWO) % Slippage Ratio Credit Cost 1.77 95.64 95.90 93.59 1.41 1.28 88.46 88.68 1.17 85.52 0.79 0.76 Dec-22 Sep-23 Dec-23 Dec-22 Sep-23 Dec-23 27/47 Movement of NPA ₹ in Cr Quarter Ended Nine Months Ended Year Ended S No Details Fresh slippages 31.12.2022 30.09.2023 31.12.2023 31.12.2022 31.12.2023 31.03.2023 1 Gross NPA opening balance 31959 26227 24488 35214 28180 35214 ADDITIONS : QE QE QE NME NME Fresh Slippages 1192 1976 1429 4942 5376 6642 Category FY 23 Dec 22 Sep 23 Dec 23 Dec 22 Dec 23 To old NPAs / Others 121 6 238 386 125 400 Retail 294 235 293 795 961 1071 2 Sub-Total of Additions 1313 1982 1667 5328 5501 7042 REDUCTIONS: Agriculture 197 720 592 1362 1630 1947 Cash Recovery 1339 1093 974 3503 3145 4524 MSME 676 451 411 2069 1638 2985 Upgradation 681 322 169 1132 1078 1146 RAM (1) 1167 1406 1296 4226 4229 6003 Technical Write off 1501 2124 2042 5687 6172 7189 Corporate (2) 25 570 133 716 1147 639 Normal Write off 267 182 183 736 499 1052 Exchange difference 0 0 0 0 0 167 Total (1)+(2) 1192 1976 1429 4942 5376 6642 3 Sub-Total of Reductions 3788 3721 3368 11058 10894 14077 4 Gross NPA closing Balance (1+2-3) 29484 24488 22787 29484 22787 28180 Gross NPA% 6.53 4.97 4.47 6.53 4.47 5.95 5 Provisions 24641 21059 19631 24641 19631 23575 6 Others (Interest Realisable,etc.) 572 602 577 572 577 561 7 Net NPA [4-(5+6)] 4271 2826 2579 4271 2579 4044 Net NPA% 1.00 0.60 0.53 1.00 0.53 0.90 AUC Recovery 428 593 1151 1317 1922 2155 MOI Recovery 183 256 215 500 635 679 Total Cash Recovery 1950 1943 2340 5320 5702 7358 Total Recovery (Cash +Upgradation) 2631 2265 2509 6452 6780 8504 PCR % (including Technical Writeoff) 93.59 95.64 95.90 93.59 95.90 93.82 PCR % (excluding Technical Writeoff) 85.52 88.46 88.68 85.52 88.68 85.65 Slippage Ratio % (Annualised) 1.17 1.77 1.28 1.73 1.61 1.75 Credit Cost % (Annualised) 1.41 0.79 0.76 1.80 0.79 1.58 28/47 ₹ in Cr Sectorwise GNPA to Total NPA % 31.12.23 10% 40% 40% 10% 30.09.23 11% 37% 39% 13% 31.12.22 11% 30% 35% 24% Retail Agriculture MSME Corporate & Overseas N S 1 2 3 4 5 o R O A M C T P e t a f w H E V g r i S M o r p o t a r i o S e c t o i l C r e d i t h i c h o m e L o a d u c a t i o n e h i c l e L o c u l t u r e E o r a t e & O l ( 1 t o 4 ) r i t y r n L a o n v e a r n s e a s G r N 1 2 2 o P 3 1 8 0 6 9 3 3 s A 2 3 9 2 8 4 9 4 3 1 s 0 6 2 4 7 5 3 8 6 . 1 9 3 4 4 9 5 9 4 5 2 r . 2 e p 0 s o 2 % p r 2 1 1 2 t o e c t f o 3 . 6 2 . 7 0 . 4 4 . 8 9 . 0 3 . 5 3 . 6 6 . 5 5 . 2 t i v l i o 8 % 4 % 6 % 9 % 4 % 1 % 7 % 3 % 9 % e G N 2 1 r o P 2 1 9 9 3 4 9 s A 6 4 6 1 0 6 0 4 5 3 0 . s 4 5 3 2 0 8 6 0 7 3 9 1 7 8 8 8 1 0 0 9 r . 2 e p 0 s o 2 % p r 1 1 1 3 t o e c t f o 2 . 7 2 . 6 3 . 4 2 . 5 8 . 2 2 . 1 1 . 4 4 . 9 1 . 8 t i v l i o 7 % 8 % 3 % 4 % 2 % 0 % 9 % 7 % 7 % e O u t s t a 1 2 5 1 n 9 5 1 8 1 0 7 d 9 4 4 7 4 3 2 9 1 i n 2 7 4 2 4 1 9 8 4 g 5 5 0 9 2 7 5 0 8 1 6 8 1 2 2 5 0 0 3 1 . 1 G 2 N . 2 r o P 2 1 0 2 s A 2 1 9 9 2 2 8 3 s 2 1 5 1 1 0 3 7 3 7 1 9 2 4 1 5 8 8 7 6 3 6 3 0 6 7 8 r e p s o % p r 1 1 #1 t o e c t f o 2 . 2 2 . 0 3 . 4 1 . 7 7 . 9 0 . 8 1 . 1 4 . 4 D I 0 . 7 t i v l i o 9 % 4 % 6 % 3 % 9 % 3 % 1 % 7 % V / 0 2 % e ! Sector-wise NPA 29/47 ₹ in Cr 31.12.2023 Category No.of Accounts Exposure Provision PCR% NCLT RBI List I 6 1105 1105 100% RBI List II 10 2854 2854 100% Accounts filed by Bank 24 1510 1510 100% Accounts filed by other Banks 198 16480 16480 100% Total 238 21949 21949 100% NARCL Invested ₹ 205.87 Cr in NARCL & ₹ 1.00 Cr in IDRCL as Equity A N N c A o c R o 1 o u n C L f A 0 0 t s u /c Id n d T U T e e A R e c o v e r y f r h r o u g h R e s o n d e r L iq u id a o ta l n t if ie d b y O r p r o c e s s m o u n t 3 1 4 8 1 8 o m N C L T lu tio n tio n u r B a n k a s o n 3 1 N o o f A /c 4 0 e .1 x 2 A N o o p o s u .2 0 2 m o u 8 Q E D f A / c s 2 1 3 r e 3 n t N 4 4 7 e 3 1 4 o c 2 2 A m o u n 1 2 1 8 3 1 O t h e r B o f A /c 1 0 0 t 7 7 4 a A n m 3 N k o 0 o s u 6 o n 3 7 Q f A t 1 E S / c 1 2 e s 8 6 4 p 2 A 3 m o 2 3 u 6 4 1 n 8 5 3 t N o o Q f A E D e / c s 1 1 1 6 2 7 c 2 A 3 m o 8 8 u 4 3 7 n t 1 2 3 N o o f A 1 F / c 6 7 3 Y s 1 8 9 2 3 A m o 1 u 5 4 0 n 6 6 2 t 8 1 9 NCLT & NARCL S.No Position of Accounts with Indian Bank No. of Book A/cs Balance 1 Accounts already resolved 3 1959 2 Bids received from NARCL and in process 4 1195 3 Under progress with NARCL - Due diligence 11 1024 4 Declined by NARCL/Lenders 22 4269 Sub Total 40 8447 5 Requested to NARCL 25 5204 Total 65 13651 30/47 ₹ in Cr ₹5 Cr and above R A M C T e g S o O ta r ic M r p T il u E o A S ltu r a L e r te c t e & o r O th e r s S M A 1 1 1 1 2 2 8 1 5 6 7 3 2 3 6 2 6 7 S M A 2 1 7 1 1 1 9 5 7 4 6 5 8 1 5 9 T o t a l 2 2 2 3 0 3 9 4 2 4 8 9 3 8 4 3 1 6 0 .0 9 .2 0 2 3 S t a n d a r d A d v a n c e s a s o n 3 0 .0 9 .2 3 9 2 7 2 6 1 0 1 3 3 1 7 0 4 2 5 2 0 3 3 1 8 4 6 7 8 0 0 R e S A s S t d % p e a v t o e c t iv c t o r n d a r d a n c e s 0 .2 7 0 .3 2 2 .9 0 0 .1 9 0 .6 4 e % % % % % % S A t o t a d v T n d a n o a c 0 0 0 0 0 t r e .0 .0 .4 .0 .6 a d s 5 7 4 8 4 l % % % % % S M A 1 1 1 1 2 2 1 7 9 2 3 0 5 3 2 7 5 7 S M A 2 1 6 1 9 5 5 0 4 7 8 8 8 6 0 T o t a 3 l 1 2 1 2 3 8 2 7 .1 5 1 8 0 4 5 5 1 2 7 2 .2 0 2 3 S t a n d A d v a n a s o 3 1 .1 2 .2 9 1 0 7 2 1 4 8 a c n 0 6 5 4 0 7 r d e s 2 3 9 7 4 3 3 3 1 6 1 5 4 6 0 1 4 R e S A s S t d % p e a v t o e c t iv c t o r n d a r d a n c e s 0 .2 6 0 .3 6 2 .4 9 0 .1 2 0 .5 6 e % % % % % % S A t o t a d v T n d a n 0 0 0 0 0 o t a r c e .0 .0 .3 .0 .5 a d s 5 8 8 5 6 l % % % % % Special Mention Account (SMA) 31/47 ₹ in Cr Collection Efficiency R A M R C T e g S A o o t a r i M M r p t a S e i l c u l t E T o o r a l c t o u r e t a l t e r O o u t s t a n 3 0 ( S t a N o 4 0 4 3 1 2 2 7 1 8 5 3 7 1 2 3 1 7 1 2 4 n . 0 n 2 1 3 6 1 7 d i n 9 . 2 d a r A m g 0 d 2 ) o 5 3 9 9 a 3 u 4 4 1 1 8 9 s n 8 8 4 1 6 8 t 5 5 1 1 9 0 A A d d f d i t i o n d u r i n g d i t i o n ( I n t e r e A d d i t i o n a l u n d i n g / F u n d U t i l i s a t i o n ) A m o u n t C o l l e c t S e c t o r R e t a i l A g r i c u l t u r e M S M E C o r p o r a t e O v e r a l l C o t h s t / 0 0 0 0 0 0 i o n l l e e Q E D U p g r a N P s t a n A m e f f i c c t i o n e d A d o i c '2 3 a t i o t o a r d u n t 8 1 7 1 6 1 6 e n c D n 0 2 2 4 0 4 y e 9 9 9 9 9 R e d R e c A m f r o c - 2 2 4 % 1 % 5 % 9 % 5 % u o o m c t i o n Q E D v e r y u n t 3 3 3 2 5 1 9 0 5 4 8 1 1 5 5 9 D e S d e F c e 9 9 9 9 9 u r i n g c '2 3 r e s h N A m o u ' 2 2 t o p - 2 3 4 % 0 % 4 % 9 % 5 % t h e P A n t 1 2 2 1 5 - 1 4 D 0 3 8 1 3 8 e D c O ' e 9 9 9 9 9 u t s t a o n 3 1 ( S t a N o 3 7 0 3 9 1 1 5 1 7 1 7 7 3 5 6 6 2 9 1 1 1 6 6 3 0 2 2 3 c - 2 3 4 % 1 % 3 % 9 % 5 % n . 1 n d 2 d A i n . 2 a r m g a 0 2 3 d ) o u 5 1 4 2 9 8 5 8 9 4 s n 1 7 9 7 6 3 t 1 0 4 5 1 6 P R e e r c c o e % v n e r y t a g 9 2 8 9 9 2 9 1 9 9 9 5 e % % % % % % P A r o m v i s o u 1 2 2 i o n 4 2 1 2 8 1 3 5 2 1 5 7 n t 8 0 0 8 5 3 COVID Restructuring (sector-wise) 32/47 S N 1 2 3 4 5 6 o B B P B O R C S M a v u s B J l a e p e D D n c r d a y n A Y e r a C g a g e d ( c c o u n t A c c o u n i n P M J f t S a n c a r d s i s F N o s s ( N t s D Y t i o n s u e I P . ) o u n a e d a r a m . i n la d e r c c o d ( ₹ ( N o e t k h B u n i n . i n e r s ) S t s C la s B r k D ( ₹ ) h s A i ) n ( N C o r . ) i n la k h s ) D 1 e 0 8 c 3 2 1 3 1 ' 2 6 8 9 3 2 1 2 8 5 9 1 5 2 S 1 e 0 9 p 8 3 2 7 1 ' 2 2 0 1 2 2 2 3 5 0 5 7 3 2 D 1 1 e 0 0 c 9 3 2 2 1 ' 2 4 0 1 4 2 2 3 2 3 9 5 3 3 9 6 P M 1 2 S 5 B Y N 1 4 u 2 m b e r o f E 3 9 P M n r 5 J J o 2 B lm Y 5 e D 8 n e t c s '2 ( in 2 L 3 a S 0 k e A h s ) p '2 3 5 P Y * 3 3 7 D e c '2 3 Financial Inclusion Number of claims settled * 23642 21725 Dec'22 Sep'23 Dec'23 19106 01 AverageBalanceinPMJDYaccount:₹4689(Vs₹4122ofIndustry) 02 PMJDYa/csunderBSBDA: YoY10%(innos.)and23%(inbalance) Added 5.22 lakh fresh 01 enrolments with Average 4445 4970 5035 Account per Branch of 92 against proportionate target of 03 BCnetworkin23Statesand5UTs 75. Number of claims settled under Number of claims settled under 02 Registered a growth of 6% PMJJBY PMSBY 04 NewDigitalFIsolution“IB-SAATHI”toservebetterthroughBCs. (QoQ) and 24% (YoY) 05 EnrolmentofPMJJBY&PMSBYinJansurakshaPortalautomated * Number of enrolments and claims are cumulative since launch of the respective schemes 34/47 07 Digital Banking & Business Network 35/47 YoY Digital Migration 4% YoY Transactions through ATM, BNA & Digital Channels improved by 8 3 % D e c - 2 2 1 7 % 4 % 8 7 % D e c - 2 3 1 3 % Digital Migration ATM, BNA & Digital Transactions Branch Transactions 36/47 In lakhs Mobile Banking UPI Users Transactions Remitter Transactions Users YoY 26% YoY YoY 38% YoY 47% 159 174 164 72% 9305 108 138 119 5420 Dec-22 Dec-23 QE Dec 22 QE Dec 23 Dec-22 Dec-23 QE Dec 22 QE Dec 23 Debit Card Users YoY 10% 322 293 Dec-22 Dec-23 D 1 .5 e c 6 -2 2 C r e d it C Y1 a r o Y 9 % d U s e r s D 1 .8 e c 6 -2 3 UPI QR - No. of merchants on-boarded YoY 311% 36.07 8.78 Dec-22 Dec-23 Number of PoS increased by 47% YoY from 14772 to 21725 D 7 e 4 c - 2 2 N e t B a Y3 n o8 k Y% in g U s e r s D 1 e 0 c 3 - 2 3 Digital Banking Card users 37/47 Digital Initiatives Digital business ₹52000 Cr + Digital Journeys, Utilities and 78 Processes Retail • Pre-Approved Personal Loan (PAPL): Salaried & • CreditCard–PreApproved(ETB),Secured,ETB,againstDeposits Pensioners, Self Employed, Cross sell to Home • HomeLoan-ETBcustomers,Takeover,NTB • Digital OD against e-Deposits, Physical receipts, Branch Assisted Loan customers, Top up, with Digital Document • Vehicle loan – ETB Fixed Rate, NTB, SE & (Retail),Insurance,IntegratedOD/TLagainstDeposits execution Professional, IND DIGI - 4 Wheeler, Maruti • Jewel loan – ETB (Retail), Gold Loan Co-Lending with Rupeek, SuzukiSmartFinance BranchAssisted • LoanagainstInsurance-SBILife •Digital KCC: Renewal through Net Banking/Mobile Agri • Jewel Loan – Fresh (ETB customers), Re pledge- Banking/ Website, SMS, Branch assisted, renewal/ enhancement Branch Assisted, ETB - Branch Assisted, IND DIGI • ODagainstDeposit-BranchAssisted-Agri&Allied •Digital KCC - States of Tamil Nadu and Madhya AgriJewelLoan(Re-pledge) • SHGAgriculture,TractorLoan Pradesh • ODagainstDeposit–BranchAssisted • DigitalShishu(Mudra) • INDGSTAdvantage,SupplyChainFinance • JewelLoanMSME-BranchAssisted,Re-pledge MSME • Tradewell,₹5-25Crore,RenewalSTP(upto₹20 • ODAD-MSME-Branchassisted • SHGMSME lakh) • LLMS–MSME(₹1Cr-₹5Cr) • MSMEautorenewalwithenhancements • UniversalSOMPO2Wheeler TPP • UniversalSOMPO 4Wheeler • DigitalTermDeposits(withenhancedfeatures • UniversalSOMPOHealth Deposits • IND SWAGAT (Term Deposits for NTB customers) ₹ in Cr RAM (e business) Deposits (e business) 31.12.23 45369 31.12.23 7515 30.09.23 24205 30.09.23 4912 30.06.23 6728 30.06.23 2451 31.03.23 153 31.03.23 1539 30.06.22 18 30.06.22 38/47 Business Network Domestic Branches ATMs & BNAs Region-wise 9 LCBs (including 3 DBUs) 51 26 Northern RACs MCBs Business Overseas Correspondents Processing Branches Centres & Verticals 693 15 81 SAM MAPCs 142 72 Central Pan India Touch Points: 21677 RAPCs 407 1422 Eastern 1248 Population group wise (Domestic Branches) 34% Controlling Offices Rural 1981 Corporate Office Southern 26% Field General Manager Offices-14 1923 Semi-urban 1527 Zonal Offices-90 20% FY24 Urban 1173 Branches Merged:9 Branches Opened:57 20% (177 since (332 since amalgamation) amalgamation) Metro 1154 39/47 O C S F T D o ( A s o n f f ic e r s le r k s u b - s t a u ll T im o t a l m 3 f f e S e 1 w s t . 1 e i c 2 e . 2 p e 3 r ) s T o 2 1 4 t a 5 2 2 0 l 8 2 2 2 5 0 2 7 5 5 1 6 8 4 9 M a 1 2 l 8 7 1 8 e 5 7 9 1 4 4 9 6 9 9 8 2 3 2 5 F e m 1 a 7 4 2 l 2 4 3 0 e 5 3 1 6 6 3 4 5 2 4 a A g v e e o r f a g s t e a f 3 3 4 4 3 f 7 9 8 6 8 F % e m o a f l e 2 8 3 6 1 4 2 4 3 0 % % % % % Staff Position & HRM Initiatives  Creation of 9 Centres of Excellences to conduct Flagship Training Programs & encompassing leadership development for Executives  Pilot Centre of Excellence, People Excellence (on HR) started at Chennai 970 Programs in Q3 FY24 Skilling & Re-skilling NME No. of participants trained: Job Family-wise DEC23 Agri & Financial Inclusion 5099 Collection, Recovery & NPA Management 2770 Performance Management System –IND Pride Digital, Fintech & Payments 14835 PMS 1.0: Enhancements with key ones being roles/KRAs redesign to increase system driven measurability Human Resources 9412 Operations 7750 Digital KRA Management Portal Retail and MSME Credit 9280 Quality Assurance L & D Framework Risk & Compliance 3373 Skill-gap Based Up-skilling Model Sales & Marketing 2160 Staff Benefits Re-imagination to build best-in-class monetary benefits portfolio Strategy & Analytics 956 Technology 1776 Establishing Center of Excellence to build thought leadership across key focus areas Treasury, Forex and Corporate Banking 2144 No. of enrolment by serving / retired staff members: 41147 40/47 Environmental, Social & Governance E S G Environmental Social Governance Policy on Green Deposits incentivizes eco- Rural Development: 37 RSETI Centres (INDSETIs) WelldefinedpoliciesandSOPs friendlyinvestments trained21598candidates through736programmesin ninemonthsendedDecember2023 Gold rated Green Certified Corporate Office Corporate Governance Policy for transparent building Education: andresponsibledecision-making • 42FinancialLiteracyCentres(FLCs) conducted1957 Installed Roof Top Solar Panels in Bank’s campsinNMEDec’23covering 98357 participants. Business Contingency Plan for continuity in ownbuilding • Extending support to senior secondary school operation with minimum disruption in towardsrenovationofFootballground unexpectedcircumstances Implemented Rainwater Harvesting System inBank’sownedPremises Health care: Risk Management Policies to mitigate credit, • SupporttoSocioEconomicResearchInstitute(SERI), marketandoperationalrisks Installed Lighting sensor in Corporate/Head in preventing the Vector- Borne diseases in OfficePremises Pataliputra district, Bihar, byproviding Long Lasting Insecticidal Nets (LLINs) which will be distributed Customer Rights Policy to secure privacy & LED light fittings in branches/ offices for amongeconomicallyweakerfamilies promptgrievanceredressalofcustomers energyconservation Micro Credit: ₹684 Cr to 5.35 lakhs street vendors till Whistle Blower Policy enhances transparency Usage of Star rated appliances to save Dec’23 andaccountability power Womenempowerment: Code of Ethics to foster a culture of integrity Replacing Diesel generators with Inverter to • Financed55lakhwomenunderSHGsason31.12.23. andresponsibilitywithintheorganisation reducecarbonemission • Donated Sewing machines for income generation to disabled&under-priviledgedwomen Policy for Prevention of sexual harassment of Installed Solar Water Heater in other PwD (Person with Disabilities) Welfare: Sponsored womenatworkplace organisations mobility aids and provided computers for training to disabledpersonsthroughvariousNGOs Inspection&AuditPolicytoensuresystematic FinancetoGreenEnergyprojectse.g.Wind- examination of accounts for better Power, Solar-Power, Ethanol based projects Others:Financialsupport/DistributionofGroceryitems compliance,qualityandperformance etcformorethan₹4000Crinthelast3years topersonsaffectedbyCycloneMichaungwhichhitthe coastalareasofthestateofTamilNaduinDec’23 Policies on Cyber Security and Fraud Risk Creating awareness to protect /preserve the Management for sound business and Extensive awareness campaign through digital environment throughSocialMediaposts channelsonCyberSecurity supervisory practices, control and monitor “SystemicRisk’ 42/47 Joint Venture & Subsidiary 31.12.2023 (Provisional) Subsidiary Joint venture  Consortium of credible Public & InthebusinessofStock Broking& DP Private Corporate entities from India Listedon NSE andBSE and SompoofJapan aspromoter Bank’s shareholding: 64.84%  Incorporated& licensedin2007. Incomeunder StockBroking: ₹1152lakh  Bank’s shareholding:28.52% YoY growthof 124%inNet Profit(NME) NMEFY23 NME FY24 NMEFY23 NME FY24 Operating Profit ₹142 Cr ₹184 Cr Operating Profit ₹328 lakhs ₹902 lakhs Net Profit ₹133 Cr ₹171 Cr Net worth ₹1234 Cr ₹1440 Cr Net Profit ₹285 lakhs ₹ 640 lakhs Gross Direct Premium ₹3138 Cr ₹3725 Cr 43/47 ₹ in Cr 3 RRBs Business Operating Profit Net Profit Performance Highlights • YoY Reduction in GNPA% in all 3 RRBs. Net NPA%: 0%. YoY Growth 16% 13% 28% • Branches have increased from 922 to 944. B O N G N C N P u p e r e R o a r a m e t e r s in e s s e r a t in g P r o t P r o f it o s s N P A % t N P A % A R % . o f b r a n c h s fit e s D e 3 c 8 1 T a - 2 2 6 4 9 5 3 1 2 9 0 1 .3 7 0 3 . 3 1 6 4 9 m i D l N a d u N M E e c - 2 3 4 4 4 5 6 0 3 7 0 .9 1 3 . 6 6 5 1 0 1 5 0 4 8 G r - a Y 4 3 m a o Y 1 5 1 3 2 8 2 b - 3 b - B % % % p p s s a n k F Y 4 1 0 2 4 6 4 1 0 3 6 3 1 9 1 .2 .0 . 6 5 7 3 8 0 0 1 5 D e 2 c 0 1 S a - 2 2 5 4 3 7 2 2 0 .8 6 . 3 2 2 p 8 7 8 0 0 5 9 t a D g i r i G r N M E e c - 2 3 2 4 3 0 1 4 2 4 2 9 6 0 .4 8 0 1 6 . 5 3 2 3 9 a m - e Y 3 1 e n a B o Y 1 8 % 1 2 % 3 0 % 2 b p s - 8 b p s - a n F k Y 2 1 2 2 0 5 2 0 0 5 2 3 5 3 6 .6 .0 . 7 3 9 8 4 1 0 6 4 D P u e d u v c - 2 2 2 1 6 2 1 1 .7 1 0 . 9 4 7 3 5 5 0 2 4 a i B D h N e a r a M E c - 2 3 2 4 9 2 1 1 .5 1 0 . 7 4 t 5 5 6 9 0 9 7 h i a - - r G r a Y o Y 1 5 % 1 0 % 1 0 % 1 6 b p - 1 3 b p - m s s a B F a Y 2 1 n 2 2 1 0 0 k 3 5 2 1 .9 .0 . 5 4 1 2 4 8 0 5 6 D e 6 c 1 - - - - 2 3 9 5 9 2 6 3 3 2 4 1 3 2 D T N e o t a M E c - 2 7 1 2 1 0 6 - - - 9 l 3 4 4 8 4 7 9 3 4 Y o Y 1 1 2 - - - - 6 3 8 % % % M T oY a 6 t a E r - 2 4 7 1 2 6 - - - 9 l 3 2 5 9 3 7 7 6 5 Regional Rural Banks (RRBs) 44/47 Awards & Accolades Roll of Honour Banking Awards Fastest Growing 2023 Bank Public Sector Bank DSIJ’s 2023 Banking Award in Fastest Growing Bank (Public Sector) category to Indian Bank BFSI Award to Bank for Use of Emerging Technology in Banking Industry for Project “PARADISE” for Adoption of Cloud Computing for AiX Environment Most Preferred Workplace in BFSI sector for 2023-24 BFSI Award to Shri Deepak Sarda , CGM IT & partnership CTO /CIO for the Best Digital Transformation Leader CTO fortheyear 2023 45/47 Disclaimer This presentation has been prepared by Indian Bank (the “Bank”) solely for information purposes, without regard to any specific objectives, financialsituations 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. 46/47