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Bank’s Global Business surpassed Rs.10,00,000 Cr

Key Highlights (for year ended Mar’22)

• Net Profit up by 31% at ₹3945 Cr in FY22 from ₹3005 Cr in FY21

• Operating profit for FY22 up by 16% at ` 12717 Cr in FY22 from ₹10967 Cr in FY21

• Net Interest Income increased by 7% YoY to ₹16728 Cr in FY22 from ₹15666 Cr in FY21

• Fee based income grew by 8% to ₹2555 Cr

• Non-Interest Income increased by 22% YoY to ₹6915 Cr in FY22 from ₹5650 Cr in FY21

• Advances increased by 6% YoY to ₹415625 Cr in FY22 from ₹390317 Cr in FY21

• RAM (Retail, Agriculture & MSME) grown by 11% to ₹242700 Cr in Mar’22 from ₹218942 Cr in Mar’21

• Retail, Agri, MSME advances grew by 15%, 12% and 6% respectively. RAM contribution to domestic advances is 61%

• Deposit increased by 10% YoY and reached to ₹593618 Cr in Mar’22.

• CASA grew by 9%, CA YoY growth 14%, SB YoY growth 8% CASA ratio stood at 41.77%

• GNPA decreased by 138 bps YoY to 8.47%, NNPA reduced by 110 bps to 2.27%.

• Provision Coverage Ratio (PCR) stood at 87.38% improved by 526 bps

• Capital Adequacy Ratio at 16.53%. CET improved by 126 bps YoY to 12.53%. Tier I Capital improved by 123 bps YoY to 13.17%. The Board of Directors has recommended a dividend of ₹6.50 per equity share (65%) for the year ended Mar’22 subject to requisite approvals

Key Highlights (quarter ended Mar’22 over Mar’21)

• Net Profit for Q4 FY22 stood at ₹984 Cr as against ₹1709 Cr in Q4FY21. In Q4 FY21, Net profit includes DTA of ₹913 Cr (for entire FY21). In FY22, DTA adjustments is spread over four quarters.

• Operating profit increased by 15% at ₹2738 Cr

• Net Interest Income increased by 28% to ₹4255 Cr

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