PSB

�arr � ffiID � ffiID 11.cJ>T. "-mR cf>&l" � �- >f� �. � 21, � �- �-110008 H.O. Account & Audit Department "SHARES CELL" Bank House, 1st Floor -4\.�.�- ('lffin W<riR i!il i3llilill/A Govt. oflndia Undertaking) 21, Rajendra Place, New Delhi-110008 Phone: 011-25782926, 25812922, 25817353, 25728930, Telefax: 25781639, 15728919, Email: complianceofficer@psb.co.in �/Ref. No. �/Dated: ......................... . Ref: PSB/HO/Shares Cell/ /2021-22 July 29, 2021 To, Bombay Stock Exchange Limited, National Stock Exchange of India Ltd., De artment of Corporate Services, Exchange Plaza, C -1, Block-G, r 251 floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Fort, Mumbai -400 001. Mumbai -400 051. SCRIP CODE : 533295 SYMBOL: PSB SERIES: EQ Dear Sir, Reg: Investor Presentation -Unaudited Reviewed Financial Results for the Quarter (Ql) / Three months period ended June 30, 2021. We are enclosing Investor Presentation on the Unaudited Reviewed Financial Results for the Quarter (Q 1) / Three months period ended June 30, 2021. The same can also be viewed on the website of the Bank i.e. https://punjabandsindbank.co.in/ This is for your information & records. Yours faithfully, t�t� (Saket Mehrotra] Company Secretary � June 2021(Q1) PSB – where service is a way of life…. 1 H ighlights & Business Performance 3-9 A sset Quality 10-18 I nvestment 19 F inancial Performance 20-24 C apital and Shareholding Pattern 25-27 B alance Sheet 28 Key Financial Ratios 29-32 D igital Foot Prints 33 G eographical Presence & Financial Inclusion 34-36 O ur Renowned Products 37 2 CRAR improved by 56 bps Q-o-Q Net NPA to net PCR with TWO improved by Net Advances 133 bps Q-o-Q improved by 43 bps Q-o-Q Net Interest Operating Margin Profit rises by improved by 136.49% Q-o-Q 25 bps Q-o-Q Cost Income Ratio improved by 2321 bps Q-o-Q 3 Business Mix (Rs in Crore) Outstanding as of YoY QoQ Growth Parameters Growth (%) (%) Jun’20 Mar’21 Jun’21 (Sequential) Total Business 146910 163919 166411 1.52 13.27 Total Deposits 85225 96108 98478 2.47 15.55 Total Advances 61685 67811 67933 0.18 10.13 Total Deposits Total Advances 98478 96108 67811 67933 85225 61685 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 4 CASA (Rs in Crore) Outstanding as of QOQ Growth YOY Parameters (%) Growth (%) Jun’20 Mar’21 Jun’21 (Sequential) Current Deposits 2909 4123 3446 (16.42) 18.46 Savings Deposits 24068 27407 27386 (0.08) 13.79 CASA Deposits 26977 31530 30832 (2.21) 14.29 CASA (%) to Total 31.65 32.81 31.31 (150)bps (34)bps Deposits Current Deposits Savings Deposits 27407 27386 4123 3446 2909 24068 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 5 Composition of Advances (Rs in Crore) Variation over Outstanding as of % to Gross Jun’20 Particulars Advances Jun’20 Mar’21 Jun’21 Amt % (Jun’21) Agriculture 8649 10638 9710 1061 12.27 14 MSME 9865 11497 11135 1270 12.87 17 Retail Advances 8220 8956 8884 664 8.08 13 Food Credit 623 583 786 163 26.12 1 Corporate Advances 34328 36138 37418 3091 9.00 55 Total 61685 67811 67933 6248 10.13 100 RAM 26734 31090 29729 2995 11.20 44 RAM Corporate Advances * 31090 38204 29729 36721 26734 34951 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 (*incl. Food Credit ) 6 Exposure to Major Industries (Rs in Crore) Jun’20 Mar’21 Jun’21 Sector Amount % age Amount % age Amount % age Infrastructure 13111.79 21.26 14354.40 21.17 15477.82 22.78 (Out of Which) Power 3991.79 6.47 4378.72 6.46 5307.48 7.81 Telecom 882.19 1.43 1315.42 1.94 963.40 1.42 Roads, Ports, 3122.49 5.06 3383.98 4.99 3452.59 5.08 Railways & Highways Other Infra 2240.3 3.63 5276.28 7.78 5754.35 8.47 Metal including Iron & Steel 1167.78 1.89 886.41 1.31 785.37 1.16 Textiles 1316.96 2.13 1642.31 2.42 1696.91 2.50 Chemical & Chemical Products 91.29 0.15 132.23 0.19 119.28 0.18 All Engineering 394.76 0.64 510.26 0.75 488.29 0.72 Gems & Jewellery 36.28 0.06 37.63 0.06 35.70 0.05 Food Processing 1020.27 1.65 1431.87 2.11 1440.18 2.12 Construction 445.11 0.72 471.71 0.70 467.98 0.69 7 Priority Sector Lending (Rs in Crore) Increase Increase % to ANBC Sl. Particulars Jun’20 Mar’21 Jun’21 QoQ % YoY % (Jun’ 21) Sequential 1 Agriculture* 10518 12868 11845 (7.95) 12.62 18.73 Out of which, S&MF 5883 7127 6554 (8.04) 11.41 10.37 2 MSME* 10478 10122** 11835 16.92 12.95 Out of which, Micro 5181 5025** 6889 37.09 32.97 10.90 3 Housing Loan* 4949 4818 4758 (1.25) (3.86) 4 Education Loan 193 247 236 (4.45) 22.28 5 Others 141 173 281 62.43 99.29 Total PSL* 26279 28228** 28955 2.58 10.18 45.80 PSL % to ANBC 37.23 43.95 45.80 *Figures includes RIDF ** Excluding PSLC of Rs. 2130 Cr. 8 Performance under Priority Sector (Rs in Crore) Mandatory Target Segment Achievement Achievement (%) (%) Priority Sector * 40 28955 45.80 Agriculture * 18 11845 18.73 Small/Marginal Farmers 9 6554 10.37 Weaker Section 11 7587 11.99 Micro under MSME * 7.50 6889 10.90 Non Corporate Farmers 12.14 8467 13.39 All the five mandatory targets stipulated by RBI under Priority Sector Advances have been Surpassed. *Figure includes RIDF 9 Highlights - Asset Quality Gross NPA as % of Net NPA as % of Gross Advances Net Advances 14.34 7.57 13.76 13.33 4.04 3.61 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 PCR with Two (%) Slippage Ratio (%) 82.89 84.22 2.90 69.20 0.68 0.11 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 10 Asset Quality (Rs in Crore) Particulars Jun’20 Mar’21 Jun’21 Standard 52837 58477 58878 Sub – Standard 2051 1501 1354 Doubtful 6491 4744 4626 Loss 306 3089 3075 Total Advances 61685 67811 67933 11 Movement of NPA (Rs in Crore) Quarter Particulars Sr. No Jun’20 Mar’21 Jun’21 1 Gross NPA Opening Balance 8874.57 8489.89 9334.00 2 Cash recoveries 66.96 531.19 194.11 Out of Above Cash recovery(2) Income 3 17.41 8.86 44.68 Booked 4 Up gradations 35.39 76.94 539.93 5 Write off/ Rebate 0.80 66.28 32.51 6 Total Net Reductions(2+4+5-3) 85.74 665.55 721.87 7 Fresh Slippage 59.23 1509.66 442.83 8 GROSS NPA(1+7-6) 8848.06 9334.00 9054.96 9 GROSS NPA (%) 14.34 13.76 13.33 10 NET NPA 4326.41 2461.95 2206.70 11 NET NPA (%) 7.57 4.04 3.61 12 Recovery in T.W.O. A/Cs 8.93 69.01 123.87 12 Priority Sector NPA (Rs. In Crore) Sector Jun’ 20 Mar’21 Jun’21 A. Total Agriculture Advances 988 918 839 B.MSME 1875 2098 2088 (i)Micro Enterprises 760 1283 1292 (ii)Small Enterprises 643 391 379 (iii)Medium Enterprises 472 424 417 C.Housing Loan 286 392 392 D.Education Loan 13 18 16 E.Social Infrastructure 11 16 14 F.Other Priority Sector 11 12 12 Total Priority Sector NPA 3184 3454 3361 13 Corporate NPAs (Rs in Crore) Industry Jun’ 20 Mar’21 Jun’21 Iron and Steel 312.95 186.94 185.13 Engineering 84.48 100.72 95.72 Textile 462.03 456.67 456.55 Infra-energy 702.79 669.02 785.42 Infra-Transport 700.75 814.11 816.21 Infra-Others 396.62 404.62 404.11 Food Processing 50.55 99.92 98.57 Wood Product 23.07 23.07 23.07 Others (Chemical, Leather, etc.) 3705.17 3871.44 3534.94 Total 6438.41 6626.51 6399.72 14 Restructured Advances (Rs in Crore) Jun’20 Mar’21 Jun’21 Sector Amount % age Amount % age Amount % age Agriculture 8.92 1.57 43.59 2.37 52.62 1.78 Power 83.49 14.68 81.77 4.44 263.41 8.91 Textiles 4.88 0.86 228.74 12.42 235.83 7.98 Cement & Products 0.09 0.02 0.44 0.02 0.58 0.02 Iron & Steel 1.75 0.31 1.98 0.11 13.63 0.46 Telecom 0.1 0.02 0.09 0.00 0.2 0.01 Hotel 19.07 3.35 46.13 2.51 141.05 4.77 Petro Chemical 0.03 0.01 0.00 0.00 0.89 0.03 Other Infrastructure 184.29 32.40 262.29 14.25 546.54 18.49 Others 266.19 46.80 1176.05 63.88 1700.88* 57.55 Total 568.81 100.00 1841.08 100.00 2955.63 100.00 *Other Restructuring comprises of MSME Rs. 641 crore, housing and vehicle of Rs. 848 crore,. 15 Resolution Framework for COVID - 19 (Rs in Crore) Resolution Framework COVID- Resolution Framework COVID- 19 : 1.0 19 : 2.0 Particulars No. of No. of Amount Amount Accounts Accounts Agriculture 402 29.52 0 0 MSME 5098 438.45 1235 155.08 Retail Advances 6250 555.88 3575 349.02 Corporate Advances 17 977.75 0 0 16 17 .oN.S rotceS 30.06.2020 31.03.2021 30.06.2021 0 AMS 1 AMS 2 AMS 0 AMS 1 AMS 2 AMS 0 AMS 1 AMS 2 AMS SMA – Sector wise (Rs in Crore) 1 Retail 180 146 18 186 1246 13 710 44 636 2 Agriculture 6 182 512 62 440 21 180 346 186 3 MSME 68 31 25 450 881 26 1075 232 570 4 Corporate 72 23 151 790 403 3004 836 113 3078 Total 5 326 381 706 1489 2971 3064 2801 735 4470 (1+2+3+4) Status of NCLT (Rs in Crore) 30.06.2021 Category No. of Accounts Exposure Provision PCR (%) RBI List I 3 258.40 258.40 100 RBI List II 1 23.37 23.37 100 Accounts filed by Bank 1 64.79 64.79 100 Accounts filed by other Banks 43 3110.51 2937.84 94.44 Total 48 3457.07 3284.40 95.00 18 Investments (Rs in Crore) % to Total Particulars Jun 20 Mar 21 Jun 21 (Jun 21) GROSS INVESTMENTS 24549 32518 36372 100.00 SLR INVESTMENTS i) Treasury Bills 143 457 1018 2.80 ii) CG securities 11341 11763 14281 39.26 iii) State Govt. Securities 7069 7104 9416 25.89 iv) Other Approved Securities 7 1 1 0.01 Total of SLR Investments 18560 19326 24717 67.96 NON-SLR INVESTMENTS i) PSU Bonds 4212 9478 9341 25.68 ii) Corporate Debentures 1405 1381 1355 3.72 iii) CDs 0 1430 291 0.80 iv) CPs 0 533 295 0.81 v) Shares of PSUs /Corporates & Others 329 321 320 0.88 vi) Venture CF 5 13 17 0.05 viii) Securitized Receipt 38 37 35 0.10 Total of Non-SLR 5989 13192 11656 32.04 Investments(Excluding RIDF) * PSU Bonds include Recapitalization Bonds of Rs.7072 Cr 19 Highlights - Financial Performance Operating Profit (Rs. in Crore) Net Profit (Rs. In Crore) 161 174 411 226 174 -117 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Cost to Income Ratio Net Interest Income Net Interest Margin (%) (NII) (Rs. In Crore) (NIM) (%) 78.94 67.33 55.73 579 2.08 1.95 1.70 537 495 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 20 Operating Profit (Rs in Crore) Quarter Variation Particulars QoQ% Jun’20 Mar’21 Jun’21 YoY% (Sequential) Interest Income 1800 1611 1690 4.90 (6.11) Interest Expenses 1263 1116 1111 (0.45) (12.03) NII (Spread) 537 495 579 16.97 7.82 Non Interest Income 154 330 349 5.76 126.62 Operating Expenses 465 651 517 (20.58) 11.18 Operating Profit 226 174 411 136.21 81.86 21 Net Profit (Rs in Crore) Quarter Variation Particulars- QoQ% Jun’20 Mar’21 Jun’21 YoY% (Sequential) Operating Profit 226 174 411 136.21 81.86 Provision for NPA 331 20 (23) (215.00) (106.95) Tax Expense (40) 9 160 1677.78 500 Investment Depreciation /NPI 0 6 25 316.67 - Standard Assets 48 (98) 87 188.78 81.25 NPV Prov. On Restructured Adv. 2 9 (47) (622.22) (2450.00) Others 2 67 35 (47.76) 1650.00 Total Provisions 343 13 237 1723.08 (30.90) Net Profit (117) 161 174 8.07 248.72 22 Interest Income (Rs in Crore) Quarter Variation Particulars QoQ% Jun’20 Mar’21 Jun’21 YoY% (Sequential) Interest Income 1800 1611 1690 4.90 (6.11) (a+b+c) a)Advances 1268 1080 1167 8.06 (7.97) b)Investments 477 454 476 4.85 (0.21) c)Others 55 77 47 (38.96) (14.55) 23 Total Expenditure (Rs in Crore) Quarter Variation Particulars QoQ% Jun’20 Mar’21 Jun’21 YoY% (Sequential) Total Expenses 1728 1767 1628 (7.87) (5.79) Interest Expenses 1263 1116 1111 (0.45) (12.03) -Deposits 1195 1055 1047 (0.76) (12.38) -Others 68 61 64 4.92 (5.88) Operating Expenses 465 651 517 (20.58) 11.18 a.Salaries 319 431 338 (21.58) 5.96 b.Other Operating Expenses 146 220 179 (18.64) 22.60 24 Capital Adequacy (Rs in Crore) Jun 20 Mar 21 Jun 21 (Basel III) (Basel III) (Basel III) Particulars 25 tnuomA % yrotalugeR tnemeriuqeR tnuomA % yrotalugeR tnemeriuqeR tmA % yrotalugeR tnemeriuqeR 3.28 3.08 1.96 1.93 3.35 CET I 2.04 (Including 3636 7.42 7.375 6243 12.05 7.375 6296 12.38 7.375 CCB) 12.05 12.38 AT - 1 1000 2.04 1000 1.93 1000 1.96 7.42 Tier I 4636 9.46 8.875 7243 13.98 8.875 7296 14.34 8.875 Tier II 1640 3.35 1598 3.08 1666 3.28 Jun'20 Mar'21 Jun'21 Capital 6276 12.81 10.875 8841 17.06 10.875 8962 17.62 10.875 Adequacy Common Equity Tier I Additional Tier I Risk Weighted 48996 51790 50869 Tier II Assets Share Holding Pattern Particulars 30.06.20 31.03.21 30.06.21 • Share 701.05 Cr 4052.67 Cr 4052.67 Cr Capital • No. of 70.10 Cr 405.27 Cr 405.27 Cr Shares 1.89% 1.04% Particulars 30.06.20 31.03.21 30.06.21 • Govt. of 83.06 97.07 97.07 India 97.07% • LIC 5.99 1.04 1.04 Govt. of India LIC Others • Others 10.95 1.89 1.89 26 Net Worth Particulars 30.06.20 31.03.21 30.06.21 • Net Worth 2762.76 Cr 5126.26 Cr 5461.80 Cr • Book Value Rs. 39.41 Rs. 12.65 Rs. 13.48 27 Balance Sheet (Rs in Crore) As on Liabilities Jun’ 20 Mar’21 Jun’21 Capital 701 4053 4053 Reserve & Surplus 4778 4310 4484 Deposits 85225 96108 98478 Borrowings 3058 2644 2644 Other Liabilities & Provision 2002 3367 3008 Total 95764 110482 112667 Assets Cash & Balance with RBI 5948 7208 5759 Bal. with Banks & Money at Call 74 1131 795 Investments 24154 32023 35871 Advances (Net) 57200 60942 61134 Fixed Assets 1230 1585 1593 Other Assets 7158 7593 7515 Total 95764 110482 112667 28 Key Financial Ratios (QoQ) Cost of Deposits (%) Cost of Funds (%) 4.90 5.47 3.84 4.59 3.74 4.42 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Cost of Deposits (%) Cost of Funds (%) Yield on Advances (%) Net Interest Margin (%) 8.14 2.08 7.08 1.95 6.76 1.70 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Yield on Advances (%) Net Interest Margin (%) 29 Key Financial Ratios (QoQ) Yield on Investment Yield on Fund (%) (With Profit) (%) 6.98 8.86 8.70 5.54 5.69 8.46 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Yield on Investment (With Profit) (%) Yield on Fund (%) Credit Cost (%) Slippage Ratio (%) 2.12 2.90 0.12 -0.14 0.68 0.11 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Credit Cost (%) Slippage 30 Key Financial Ratios (QoQ) Cost to Income Ratio (%) 78.94 67.33 55.73 Jun'20 Mar'21 Jun'21 Cost to Income Ratio (%) Staff cost to Income ratio Other Overheads to Income (%) Ratio (%) 52.28 46.20 26.66 36.42 21.13 19.31 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Staff Cost to Income Ratio (%) Other Overheads to Income Ratio (%) 31 Key Financial Ratios (QoQ) Return on Asset (%) Return on Equity (%) (Annualized) (Annualized) 29.50 0.55 0.59 13.14 -0.45 -16.46 Return on Asset (%) (Annualized) Return on Equity (%) (Annualized) Earning Per Share (Rs.) Book Value (Rs.) 6.69 1.72 39.41 -6.67 12.65 13.48 Jun'20 Mar'21 Jun'21 Earning Per Share (Rs.) Book Value (Rs.) 32 Digital Footprints E-Transaction (%) Internet Banking Users (In Lac) 5.51 30.33 28.93 5.40 5.34 27.56 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 ATM Card Base (In Lac) UPI/BHIM Users (In Lac) 32.87 31.98 31.37 33.08 20.10 27.84 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 Jun'20 Mar'21 Jun'21 33 Region-wise Branches Northern 11 6 1193 17 223 17 4 517 21 7 218 235 North Eastern Central Eastern 27 Western 56 92 112 13 27 15 12 42 19 40 Southern 2 1 36 51 24 24 Total Branches - 1531 34 Financial Inclusion Cumulative position of Pradhan Mantri Jan-Dhan Yojana Schemes Particulars As on As on As on 30.06.20 31.03.21 30.06.21 Number of 1298361 1396110 1398442 Accounts opened Number of 1055432 1162246 1164259 Active Accounts Deposits in 590 575 550 Accounts (Rs. In Cr.) Average Balance Rs 4545/- Rs.4118/- Rs. 3930/- per Account 35 Financial Inclusion Pradhan Mantri Social Security Schemes Scheme No. of No. of No. of Enrolmen Enrolmen Enrolme ts as on ts as on nts as on 30.06.20 31.03.21 30.06.21 Atal Pension 190388 243830 260891 Yojana Pradhan Mantri 282675 359572 363533 Jeevan Jyoti Bima Yojna Pradhan Mantri 1218966 1410851 1437108 Suraksha Bima Yojna Total 1692029 2014253 2061532 Enrolments 36