Udupi - Heritage Museum & Financial Research Centre
1
Contents of Presentation
An Overview of the Bank
Performance Highlights
I T initiatives
Financial Inclusion &
New initiatives
Awards & Recognition
Looking forward
22
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Corporation
Bank
was
founded in the Year 1906 in
Udupi a small town in South
India
Nationalized in the year 1980
and went public in 1998
The Bank holds a unique
record of posting profits right
from inception
Uninterrupted
dividend
payment track record since
inception – Declared highest
ever Dividend of 200% for
FY2010-11
A Mid sized Bank which is a
leader in Technology Adoption
and financial inclusion
3
2011
2006
2006
2001
1998
1991
1980
1961
1906
Bank crossed `200,000 crore of Total Business
and declared highest ever 200% Dividend
Bank implemented Core Banking solutions at all
branches
Bank celebrated Centenary Year and crossed
`50,000 crore of Total Business
Bank Operationalised inter connected ATM
network and launched Internet Banking facility
Bank came out with IPO
oversubscribed by 10.8 times
and
was
First Bank to launch Cash Management Services
Bank was Nationalised
Head Office shifted to Mangalore
Established at Udupi in Karnataka State by Shri Haji Abdullah Haji
Bahadur Saheb Bahadur
4
Sustained Business growth over last decade
` in Crore
Deposits
Advances
Total Business
203598
Total Business doubled in THREE years span
and 8 times in 10 years
155936
122496
94610
116748
92734
86850
73984
72307
63202
56838
45779
37081
33754
29911
27233
23191
21725
18924
18546
13890
12029
10987
FY2002
+4K
FY2003
+3K
FY2004
+4K
FY2005
+8K
55424
42357
32876
23962
FY2006
+11K
48512
39186
29950
FY2007
+16K
FY2008
+22K
FY2009
+28K
FY2010
+33K
FY2011
+48K
5
Net Worth over last decade
` in Crore
Net worth increased by 3.5 times over
10 years span
7137.81
5774.87
4896.51
4228.51
2046.24
2002
2370.20
2003
2768.65
2004
3054.92
2005
3374.89
2006
3765.45
2007
2008
2009
2010
2011
6
Profit growth over last decade
` in Crore
Operating Profit
Net Profit
Operating Profit increased by 4 times in last decade &
doubled in last 3 years span
2622
Net Profit increased by 4.5 times in last decade &
almost doubled in last 3 years span
2137
1797
1413
1057
2002
893
735
623
308
1170
954
907
852
1251
1140
416
2003
504
2004
402
2005
444
2006
536
2007
2008
2009
2010
2011
7
Financials
FY 2011-12 – Half year / Q2
8
FY 2012 – Q2 Highlights
NET PROFIT
OPERATING PROFIT
NET INTEREST INCOME
Income
`401 Crore
`700 Crore
`744 Crore
`3489 Crore
14.0%
22.1%
6.8%
46.4%
FY 2012 Highlights - 6 months
NET PROFIT
OPERATING PROFIT
NET INTEREST INCOME
Income
`752 Crore
` 1276 Crore
`1451 Crore
`6757 Crore
9.8%
6.9%
Growth % Y-O-Y
2.7%
44.4%
9
Profitability
Q2 FY11
(` in crore)
Q2 FY12
Sept-10(6M)
Sept-11(6M)
1276.54
700.13
1193.87
573.48
401.11
685.51
752.56
351.73
Net Profit
Net Profit
Operating Profit
FY 2011
Q2
FY 2012
Q2
Growth %
Q2/Q2
FY 2011
H1
Operating Profit
FY 2012
H1
Growth %
Y-O-Y
Operating Profit
573.48
700.13
22.1%
1193.87
1276.54
6.92%
Net Profit
351.73
401.11
14.0%
685.51
752.56
9.78%
10
Shareholder Returns
FY10(H1)
FY 11(H1)
FY 10(H1)
FY 11(H1)
FY 2009
FY 12(H1)
FY 12(H1)
532.67
95.58
450.39
379.91
FY 2010
FY 2011
101.61
200%
165%
77.09
125%
Book Value per Share (In `)
Earning per Share
(annualised)
Dividend paid
11
TOTAL BUSINESS
Total business
growth
y-o-y `35,547 crore
Total business
y-o-y 21.32%
202247
growth
Total
business
has
almost doubled within a
span of 3 years
166700
133456
103825
78408
Sep-07
Sep-08
Sep-09
Sep-10
Sep-11
(` in crore)
Sept-07
Sept-08
Sept-09
Sept-10
Total Business
78,408
103,825
133,456
166,700
Growth [y-o-y %]
18.76%
32.42%
28.54%
24.91%
Sept-11
202,247
21.32%
Deposits Portfolio
Deposits grew at 24.45% y-o-y to
reach `120,613 crore
` in Crore
DEPOSITS BREAKUP
(13.8%)
SB, 16645
Average Deposits grew at 29.84% to
reach `114,320 crore
CASA grew at 8.41% y-o-y to `26,306
crore as on 30.09.11
Sep-10
(8%)
CA, 9660
TERMDEP,
(78.2%)
94308
Sep-11
SB
26306
CA
24264
14850
TERMDEP
16645
12.09% y-o-y
CASA 21.8% of Deposits
Savings Bank Deposits
Sep-10
Sep-11
13
Healthy growth of Credit
Advances portfolio achieved a
steady growth.
Advances grew at 17% y-o-y to
reach `81,634 crore
Average
advances grew at
28.68% y-o-y to reach `77,030
crore
Major component of loan book
was Large Industries (39.3)
` in Crore
ADVANCES BREAKUP
Food Credit,
1379, 2%
Wholesale
Trade, 992,
1%
Agriculture,
5779, 7%
Others,
12546, 15%
Retail,
16072, 20%
Large
Industry,
32073, 39%
SME advances grew by 57.4%
y-o-y
Yield on advances increased to
11.46% as against 9.59% in H1
of FY2011
SME, 12793,
16%
Agriculture
SME
Large Industry
Retail
Wholesale Trade
Food Credit
14
Exposure to sensitive sector
Sector
a.
[` in Crore]
% to NBC as
at Sep ‘11
Sep-10
13,576
9,690
13,550
39.8%
16.6%
Housing - Direct
6,025
4,908
6,323
28.8%
7.7%
Housing - Indirect
4,617
1,901
4,256
123.9%
5.2%
Comm. Real Estate
2,934
2,881
2,971
3.1%
3.6%
729
976
620
-36.5%
0.8%
1,795
1,531
1,752
14.4%
2.1%
510
384
599
56.0%
0.7%
1,331
1,111
1,234
11.1%
1.5%
Credit **
673
527
606
15.0%
0.7%
Investment (Equity)
658
584
628
7.5%
0.8%
767
701
782
11.6%
1.0%
Total
15,674
11,502
15,566
35.3%
19.1%
NBFC
4220
2678
3484
30.1%
4.3%
701
446
627
40.58%
0.7%
Real Estate
Sep-11
Growth %
(y-o-y)
Mar-11
Of Comm. Real Estate:
Corp Rental
Builders
Others
b.
c.
d.
Capital Market *
Commodities
- of which M F I
* Capital market as % to Net worth of March 2011
**Guarantees on behalf of brokers Rs.421 crore, Advances against shares Rs.68 crore,
15
advances to brokers Rs.10 crore
Industry wise Credit exposure
[` in Crore]
Sept
2010
Infrastructure [Breakup in
next slide]
Sept
2011
11,377 12,838
% to total
NBC
[Sept-11 [%]
Deployment
to Total
Sept-10 [%]
Deployment
to Total
Sept-11[%]
Growth %
S’11/S10
y-o-y
15.7%
32.1%
29.2%
12.8%
Chemicals, Dyes, Paints
2,586
2,165
2.7%
7.3%
4.9%
-16.3%
Engineering
2,179
2,556
3.1%
6.1%
5.8%
17.3%
Gems & Jewellery
1,265
1,848
2.3%
3.6%
4.2%
46.1%
Textiles
2,828
3,419
4.2%
8.0%
7.8%
20.9%
Iron & Steel
2,147
2,326
2.8%
6.1%
5.3%
8.3%
905
1,347
1.7%
2.6%
3.1%
48.8%
Petroleum
3,101
992
1.2%
8.7%
2.3%
-68.0%
Food Processing
1,199
1794
2.2%
3.4%
4.1%
49.6%
Cement
1,059
935
1.1%
3.0%
2.1%
-11.7%
Others
6,790 13,739
16.8%
19.1%
31.2%
102.3%
35,436 43,959
53.8%
100%
100%
24.1%
Metals & Metal Products
Total
16
Industry wise Credit exposure (contd..)
[` in Crore]
INFRASTRUCTURE –
BREAK UP
Sept-10
% to NBC
Sept 10
Sept-11
% to NBC
Sept 11
% growth
over Sept 10
Power
6,578
9.4%
6,663
8.2%
1.3%
Telecomn.
1,475
2.1%
2,056
2.5%
39.4%
Roads & Ports
1,239
1.8%
1,540
1.9%
24.3%
98
0.1%
112
0.1%
14.3%
608
0.9%
745
0.9%
22.5%
1,379
2.0%
1,722
2.1%
24.9%
16.3% 12,838
15.7%
12.8%
Hospitals
Educational
Institutions
Others*
Total
11,377
*Others include Info Park, SEZ, Construction relating to projects involving
agro-processing / storage of agro products, etc.
17
Retail lending
Mar-11
Sep-10
Sep-11
15,671
12,516
16,072
18.0%
17.93%
19.70%
to NBC
to NBC
to NBC
Corp Vyapar,
Corp Mitra, 1%
2%
Personal, 2%
Mortgage, 5%
Y-o-y Growth
%
Other Schemes,
22%
Vehicle, 6%
Education, 10%
Housing, 53%
[` in Crore]
Segment
Amount
28.4%
% to
NBC
Housing
8,524 10.4%
Vehicle
1,596
2.0%
Education
1,015
1.2%
Mortgage
772
0.9%
Personal
242
0.3%
CorpVyapar
274
0.3%
Corp Mitra
130
0.2%
3,519
4.3%
Others
Total
16,072 19.7%
18
Priority Sector Lending
[` in crore]
Particulars
Agriculture
% to ANBC
Mar-11
Sept-10
Sept-11*
5,513
8.72%
6,883
10.89%
5,779
6.65%
Small Enterprises
% to ANBC
10,707
16.94%
7,259
11.49%
11,886
13.69%
Other Priority Sectors
% to ANBC
7,980
12.63%
6,965
11.02%
8,102
9.33%
Total Priority Sector
Deployment
% to ANBC
24,199
21,107
25,767
38.29%
33.40%
29.67%
* ANBC as on 31st March 2011 is Rs.86,850 crore
Total Income
PARTICULARS
` in Crore
30.09.2010
[H1]
30.09.2011
[H1]
Growth (%)
Sep 11/Sep 10
Total Income
4,678.10
6,757.48
44.45%
Interest Income
4,126.22
6,069.06
47.09%
a) from Advances
2,871.56
4,414.59
53.74%
b) from Investments
1,123.53
1,449.05
28.97%
131.13
205.42
56.65%
Non-interest Income
551.88
688.42
24.74%
Of which :
324.86
227.02
385.19
303.23
18.57%
33.57%
c) Others (Swap, RIDF,
Call)
Core Area
Non core area
20
Non-interest Income
(` in crore)
Sep 2010
[H1]
Sep 2011
[H1]
Growth (%)
(Sep 11/Sep 10)
Non-interest Income from Core areas
(Comm. Exchange, Brokerage)
324.86
385.19
18.57%
Breakup of Non-interest income from
Non-core Areas:
227.02
303.23
33.57%
Profit on Exchange Trans.
39.53
50.52
27.81%
Profit on Sale of Investments
77.60
157.56
103.05%
3.62
7.10
95.91%
Cash Management Services
16.40
16.12
-1.73%
Bad Debts Recovery / Write back
89.87
71.93
-19.97%
Total Non-Interest Income
551.88
688.42
24.74%
Non-Interest income excluding Profit on
sale of investments
474.28
530.86
11.93%
Dividend on Shares
21
Fee Income – Core Areas
H1 FY11
H1 FY12
(` in crore)
Fee Income – Breakup
385.19
82.72
79.17
324.86
63.54
52.73
56.49
22.50
28.04
Fee Income
Increase y-o-y 18.57%
22
Total Expenses
(` in crore)
30.09.2010
[H1]
30.09.2011
[H1]
Total Expenses
3,484.23
5,480.94
57.31%
Interest Expenses
2,773.03
4,617.90
66.53%
a) Interest on Deposits
2,375.86
4,239.56
78.44%
b) Interest on Borrowings
397.17
378.34
-4.74%
Operating Expenses
711.20
863.04
21.35%
a) Salaries
357.37
449.84
25.87%
b) Other Operating Expenses
353.83
413.20
16.78%
277.37
308.84
11.35%
80.00
85.70
7.12%
0.00
55.30
100%
357.37
449.84
25.87%
23
PARTICULARS
Variance %
(Sep 11/Sep 10)
Break up of Salaries
Salaries (Excl. of AS15 Provisions)
AS-15 Provisions [excluding 2nd
option for pension]
AS-15 Provisions - 2nd option for
pension
Total Salaries
Net Interest Income
(` in crore)
H1 FY11
Q2 FY11
Q2 FY12
743.60
695.97
H1 FY12
1451.16
1353.19
Net Interest Income
Net Interest Income
NII for the last 5 years
FY 07
FY 08
FY 09
FY 10
FY 11
NII
1,308
1,443
1,574
1,903
2,940
% Growth
15.9%
10.3%
9.1%
20.9%
54.4%
24
Income / Expenses Quarterly Comparison
(` in crore)
Particulars
Interest Income
Jun 11
[Q1]
Sep 10
[Q2]
Sep 11
[Q2]
2,978.32 2,138.84 3,090.74
Growth S’11/S’10
Abs
%
Growth Q2 /Q1
Abs
%
951.90
44.5%
112.42
3.8%
Non-interest Income
289.69
245.40
398.73
153.33
62.5%
109.04
37.6%
Non-int. income from
core areas (Comm.
Exch., Brokerage)
186.27
162.76
198.92
36.16
22.2%
12.65
6.8%
Non-Int . Income from
Non-core areas
103.42
82.64
199.81
117.17 141.77%
96.39
93.2%
Total Income
3,268.01 2,384.24 3,489.47 1,105.23
46.4%
221.46
6.8%
Interest Expenses
2,270.76 1,442.87 2,347.14
904.27
62.7%
76.38
3.4%
Salaries etc.
215.11
186.60
234.73
48.13
25.79%
19.62
9.1%
Other Operating
Expenses
205.73
181.29
207.47
26.18
14.4%
1.74
0.8%
2,691.60 1,810.76 2,789.34
978.58
54.0%
97.74
3.6%
Total Expenses
Interest Spread
707.56
695.97
743.60
47.63
6.8%
36.04
5.1%
Provisions &
Contingencies
224.96
221.75
299.02
77.27
34.8%
74.06
32.9%
Break up of Provisions
PARTICULARS
Operating Profit
(` in crore)
Sept 2010
[H1]
Sept 2011
[H1]
1,193.87
1,276.54
Provisions
508.36
523.98
a.
For Bad & Doubt Debts
207.08
262.80
b.
On Standard Assets
0.00
0.00
c.
Investment Depreciation
16.55
89.82
d.
Income Tax
284.12
151.97
e.
Others*
0.61
19.39
Net Profit
685.51
752.56
*Others include Rs. 16.87crore towards Sacrifice amount of Restructured
Advances & Rs.2.51 crore towards others. Operating Profit after providing
for Rs.55.30 crore towards 1/2 amount of amortised 2nd option pension
26
liability and other AS15 provisions of Rs.85.70 crore.
Capital adequacy
CRAR UNDER BASEL II
•
•
14.11% 13.58%
8.69%
Bank is well capitalised
CRAR 13.58%
March’11
8.36%
5.42% 5.22%
Net Worth (` in crore)
7,138
7,890
12.90%
13.31%
Tier I
7.95%
8.19%
Tier II
4.95%
5.12%
14.11%
13.58%
Tier I
8.69%
8.36%
Tier II
5.42%
5.22%
CRAR- Basel I
CRAR
TIER I
Mar 11
TIER II
Sep 11
Sep’11
CRAR – Basel II
Government of India has contributed Rs.309 crore to equity capital in March 2011.
Current year profit not reckoned for CRAR
27
Key Ratios
Cost/ Yield/ NIM
[annualised]
Mar 11
(FY)
June 11
(Q1)
Sept 11
[Q2]
Sept 10
[H1]
Sept 11
[H1]
EARNING RATIOS:
a
Cost of Deposits
5.74%
7.27%
7.56%
5.40% 7.42%
b
Cost of Funds
5.31%
6.73%
6.84%
5.06% 6.79%
c
Yield on Advances
10.05% 11.15%
11.75%
9.59% 11.46%
d Yield on Investments
7.19%
7.68%
7.78%
7.01% 7.73%
e
Yield on Funds
7.83%
8.83%
9.00%
7.53% 8.92%
f
Interest Spread
(NIM)
2.85%
2.41%
2.43%
2.82% 2.42%
28
Key Ratios
Mar 11
[FY]
June 11
(Q1)
Sep11
(Q2)
Sep10
(H1)
Sep11
(H1)
Earnings / Efficiency Ratios:
a.
Cost to Income Ratio
b.
Operating Expenses To AWF
c.
Net Profit to Total income
d.
Return on Assets (%)
e.
Return on Equity (%)
(Net Profit / Net Worth)
38.50%
42.20%
38.71%
37.33%
40.34%
1.41%
1.25%
1.29%
1.30%
1.27%
13.51%
10.75%
11.49%
14.65%
11.14%
1.21%
1.04%
1.17%
1.25%
1.11%
20.70%
18.77%
20.33%
21.22%
19.08%
Asset Utilisation (%)
(Operating Profit to Average
Working Fund)
2.25%
1.71%
2.04%
2.18%
1.88%
g.
Earning Per Share (`)
98.50
94.90
108.31
95.58
101.61
h.
Book Value Per Share (`)
497.62
505.59
532.67
450.39
532.67
f.
{Ratios annualised}
29
Key Ratios – Quarterly Comparison
FY 2010-11
Cost/ Yield/ NIM/ROA
Sep
(Q2)
Dec
(Q3)
FY 2011-12
Mar
(Q4)
Jun
(Q1)
Sep
(Q2)
EARNING RATIOS:
a
Cost of Deposits
5.60%
5.72%
6.40%
7.27%
7.56%
b
Yield on Advances
9.82%
10.12%
10.52%
11.15%
11.75%
c
Yield on Investments
7.06%
7.30%
7.44%
7.68%
7.78%
d
Interest Spread (NIM)
2.88%
2.96%
2.77%
2.41%
2.43%
e
Cost to Income Ratio
39.08%
33.96%
40.38%
42.20%
38.71%
f
ROA
1.30%
1.23%
1.12%
1.04%
1.17%
30
Productivity Ratios
[Rs. In lakhs]
a.
b.
c.
Business per Employee
Net Profit per Employee
(Annualised)
Net Profit per Branch
(Annualised)
Mar 11
(FY)
June 11
(Q1)
Sept 10
(H1)
Sept 11
[H1]
1572.79
1,514.72
1,333.81
1,547.30
10.92
10.83
10.97
11.51
103.84
103.22
116.58
109.46
d.
Average Business per
Branch
11557.90 14,189.94
12,577.55
13,916.36
e.
Total Business per
Branch
14,959.43 14,440.98
14,175.18
14,708.87
31
Investments
[` In crore]
Investments
•
•
Investment growth (y-o-y) `23.69
crores
Average Investments growth
(y-o-y) 16.91%
48278
36164
Sep-09
Sept 2010
Investments
of which :
Mutual Funds
RIDF
Investments excl. RIDF/MF
Trading Profit
Yield on Inv. [%]
39032
Sep-10
Sept 2011
Sep-11
Growth %
39,032
642
3368
48,278
1318
4056
23.69%
34,265
42,904
25.21%
77.60
157.56
103.05%
7.01%
7.73%
32
Treasury Management
Duration [Yrs]
Sep-09
Sep-10
Sep-11
AFS
2.97
2.09
1.42
HFT
0.57
1.17
0.56
Sep-09
Sep-10
Category (Incl. Of MF/RIDF)
Sep-11
% to total
HFT
0.67%
0.65%
0.81%
AFS
37.53%
27.31%
25.92%
HTM
61.80%
72.04%
73.27%
Category (Excl. Of MF/RIDF)
Sep-09
Sep-10
Sep-11
% to total
HFT
0.95%
0.74%
0.91%
AFS
21.58%
29.71%
26.19%
HTM
77.47%
69.55%
72.90%
33
Movement of NPAs
30.09.10
31.03.11
30.09.11
Gross NPAs at the beginning
of the year
650.94
650.94
790.23
Add: Additions
346.12
812.94
665.54
Less: Recoveries
Up-gradation
write off
39.48
49.14
168.14
68.44
62.51
542.70
32.70
51.16
291.93
Gross NPA at the end of the
period
740.30
790.23
1,079.98
Gross Credit
70,203
87,213
81,935
1.05%
0.91%
1.32%
269.56
397.74
745.02
0.39%
0.46%
0.91%
78.51%
74.70%
84.72%
Gross NPA %
Net NPA
Net NPA %
Provision Coverage Ratio
` in Crores
34
Sector wise NPAs
` in Crores
NPA
Mar-11
Sep-10
SECTOR
% of NPA
to Exp.
A/cs
Amt
A/cs
Amt
AGRICULTURE
23977
172.58
2.56
26499
216.93
SME
11891
111.38
1.37
10608
OTHER PRIORITY
26406
212.52
3.05
TOTAL
NON- PRIORITY
62274
496.48
LARGE INDUSTRY
40
WHOLESALE
TRADE
Sep-11
% of NPA
to Exp.
% of
NPA to
Exp.
A/cs
Amt
3.94
12837
216.40
3.75
110.60
1.03
5090
181.57
1.53
22125
136.29
1.71
9385
170.84
2.11
2.37
59232
463.82
1.92
27312
568.81
2.21
68.60
0.21
19
140.91
0.40
28
281.15
0.64
97
5.81
0.58
57
9.49
0.86
36
3.44
0.35
OTHERS
25308
169.41
1.09
23096
176.01
0.64
10562
226.58
2.02
TOTAL
25445
243.82
0.50
23172
326.41
0.52
10626
511.17
0.91
GRAND TOTAL
87719
740.30
1.05
82404
790.23
0.91
37938
1079.98
1.32
35
PRIORITY
Sector wise Delinquency
Sep-10
SECTOR
% of
Dlq. to
Exp.
` in Crores
DELINQUENCY
Mar-11
% of
A/cs
Amt Dlq. to
Exp.
A/cs
Amt
AGRICULTURE
8007
125.01
1.86
12464
209.32
SME
1166
44.75
0.55
1590
OTHER PRIORITY
3850
58.99
0.85
13023 228.75
Sep-11
% of
Dlq. to
Exp.
A/cs
Amt
3.80
5025
65.22
1.13
59.70
0.56
1783
109.89
0.92
5335
61.34
0.77
5108
120.61
1.49
0.85
19389
330.36
1.36 11916 295.72
1.15
PRIORITY
TOTAL
NON- PRIORITY
LARGE INDUSTRY
4
55.92
0.17
8
201.33
0.58
11
177.68
0.40
13
4.20
0.42
16
11.66
1.06
19
7.85
0.79
OTHERS
4156
57.25
0.37
5306
269.59
0.98
5789
184.29
1.64
TOTAL
4173 117.37
0.24
5330
482.58
0.77
5819 369.82
0.66
17196 346.12
0.42
24719
812.94
0.93 17735 665.54
0.81
WHOLESALE TRADE
GRAND TOTAL
36
Restructured Accounts
(` in crores)
Sl
No
Item
1
Proposals approved and implemented up to
30.09.2011
2
Proposals approved and implemented up to
31.03.09
01.04.09 to 31.03.10
01.04.10 to 31.03.11
01.04.11 to 30.09.11
3
% of Restructured accounts to Advances
Number
Amt
15004
3,797.92
4,728
7,641
1852
783
2,406.00
357.87
380.01
645.04
4.64%
37
Branch Network
Period ended →
30.09.10
30.09.11
Branches
ATMs
1176
1159
1375
1256
Branchless Banking Units
[Grameen Vikas Kendras]
1408
2618
Total
3743
5249
96
121
837
199
97
1210
Growth y-o-y
Branches
ATMs
GVKs
The Bank has 2 representative offices at Dubai & HongKong
38
CHANDIGARH
4/6
HP
10/5
J&K
1/1
PUNJAB
39/32
DELHI
74/133
SIKKIM
1/1
HARYANA
47/44
RAJASTHAN
29/22
GUJARATH
69/59
DADRA
1/0
GOA
46/26
UP
89/70
BIHAR
7/6
MADHYAPRADESH
ORISSA
13/10
MAHARASHTRA
139/122
KERALA
79/49
JHARKHAND
6/5
ANDHRA
133/92
CHATTISGARH
14/8
KARNATAKA
347/364
ASSAM
5/1
TRIPURA
WB
41/36
28/24
BRANCH NETWORK
30.09.2011
UTTARAKHAND
7/5
1/0
MEGHALAYA
2/1
BRANCHES
1365
ATMs
1256
INCREASING
REACH
26 States and 3 U.T.s covered
2 Rep offices at Dubai &
HongKong
P’CHERY
2/1
TN
141/133
39
Share holding pattern – 30.09.2011
25.49%
58.52%
7.05%
5.05%
0.30%
3.59%
Government of India
58.52%
LIC of India
25.49%
Resident Individuals
3.59%
NRI
0.30%
FIs, MFs, Banks & Corporate bodies
7.05%
FII & Overseas body corporates
5.05%
TOP SHARES HOLDERS OTHER THAN GOVT. OF INDIA % LIC OF INDIA
RELIANCE CAPITAL TRUSTEE CO. LTD A/C RELIANCEBANKING FUND
BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD.
MATTHEWS INDIA FUND
ICICI PRUDENTIAL INFRASTRUCTURE FUND
GENERAL INSURANCE CORPORATION OF INDIA
RELIANCE CAPITAL TRUSTEE CO LTD-RELIANCE LONGTERM EQUITY
FUND
RISING INDIA FOCUS FUND LIMITED
THE NEW INDIA ASSURANCE COMPANY LIMITED
LSV EMERGING MARKETS EQUITY FUND LP
PINEBRIDGE INVESTMENTS ASIA LIMITED A/C PINEBRIDGE
HOLDING
% TO
EQUITY
1835815
1665476
1554331
1203404
902581
1.24
1.12
1.05
0.81
0.61
777200
0.52
734845
483018
442700
440044
0.50
0.33
0.30
0.30
40
Information Technology Initiatives
 Clientele base increased to 131.89 lakhs as at 30.09.11 from
110.52 lakhs as at 30.09.10
 All 1451 units under CBS – 100% of branches/offices under Core
Banking
 The Bank has operationalised and networked 1256 ATMs, across
the country inclusive of 8 Biometric ATMs.
 No. of Debit cards issued 5.45 million
 0.45 lakhs Campus Cards issued covering 93 institutions
 16077 POS Terminals have been installed at different merchant
establishments all over the country.
 Mobile Banking and SMS Banking operational with many value
added services
VAT collection at Maharashtra, Gujarath, Andhra Pradesh and
Goa are enabled
E-Stamping system launched in Delhi, Bangalore & Mangalore
First Bank to launch Tax-payment through ATM
Only Bank to facilitate payment of LIC premia through
branches
First Bank to launch ASBA [Application supported by
Blocked amount]
Sole Banker for TRAI for facilitating online registration of
Telemarketers
Bank has introduced Interbank Mobile Payment Service
[IMPS] to facilitate funds transfer across Banks using
mobile phones
41
Financial Inclusion – Branchless Banking
 Bank has operationalised banking services in all 334 locations allocated
by various SLBCs, 13 locations by way of Branch Model and 321
locations by way of BC Model, by 31st December 2010, 15 months ahead
of the schedule i.e. 31.03.2012
 Branchless Banking operational in 2618 locations. Added 1210 new
locations during the period from 01.10.2010 to 30.09.2011
 Total number of “no-frill” accounts stood at 13.88 lakhs and the CGCC
cards issued was at 23726
 Bank has established a Trust, viz., Gramina Abhyudaya Financial
Literacy and Credit counselling Trust to disseminate the banking
knowledge to the people. It is proposed to open FLCCs in the lead
districts viz., Chikmagalur, Kodagu and Ramnagar.
 Bank has implemented Urban Financial Inclusion in 75 urban locations
and branded it as Corp Shahari Vitthiya Samaveshana Kendra
 Bank has set up a Financial Inclusion Resource Centre at Heritage
Centre Udupi
42
New initiatives / Products launched
“Corp Convenience – International Visa Signature Debit Card” to provide an
exclusive offering to the top customers of the Bank and complement their
lifestyle with rewards when they shop, dine or travel.
“Corp Mahila Power” a Savings Bank cum Loan Account for working women or
women with independent source of income
“CorpMcash” a new technology product – mobile based valet for Retail payment
launched
“Corp Nano Super” Flexi Savings Scheme with sweep facility for Micro Traders /
hawkers
“Corp Tutor Fee” scheme for financing tution fees for preparation of entrance
examination of professional exams
“Operation Customer outreach” drive to increase retail Term Deposits
“Corp CA” to cater the various financial needs of Chartered Accountants
“Corp CS” to cater to the various financial need of Company Secretaries
 “Corp Tax Saver Plus “ deposit scheme with three benefits viz., High interest
rate , Tax benefit under section 80C and Personal Accident Insurance Cover
“Corp Home Premium – NRI”, a New Housing Loan scheme for Non-Resident
Indians (NRIs).
4
3
New Branch at Amethi inaugurated by Shri. Rahul Gandhi,
Hon`ble Member of Parliament
The new branch at Amethi along with Branchless Banking Units, Corp Vikas Mobile Van and
44
Financial Literacy and Credit Counselling Centre was inaugurated by Shri Rahul Gandhi, Hon’ble
Member of Parliament, Lok Sabha on 20.10.2011 at a function held at Ramalila Maidan in Amethi.
Shri Ajai Kumar, Chairman & Managing Director, Corporation Bank presided over the function.
Awards / Recognition
Corporation Bank has been Ranked “Number One Nationalised Bank
2010-11” at “FE – India’s Best Banks Awards”. The Best Banks Survey was
conducted by Financial Express in association with Ernst & Young – the
Knowledge partner for the survey.
45
Awards / Recognition
 Corporation Bank has been Ranked “Best Mid-Size Public Sector Bank”
in the CNBC- TV18 Best Bank and Financial Institution Awards
presented by MCX for FY11.
46
Awards / Recognition
 Corporation Bank has Received the First Prize Under “National Award
for Excellence in Lending to Micro Enterprises” for the year 2010-11
from Ministry of Micro, Small and Medium Enterprises, Government of
India.
47
Awards / Recognition
 Corporation Bank has Bagged the Best Manpower Efficiency Award in
Public Sector Bank Category, instituted by Federation of Indian
Chambers of Commerce and Industry (FICCI) and Indian Banks’
Association (IBA) at FIBAC Banking Awards 2011.
48
Looking Forward
 Total Business in FY 2011-12 targetted at ` 250,000
crore
 Deposits growth 25% to reach ` 146,000 crore
 Advances growth 20% to reach `104,000 crore
 200 new branches to be opened to make national
presence, increase from 1361 to 1561
 Exploring the possibility of opening branches /Offices
at HongKong, Kenya, Zambia, Bostwana, Malasia, etc.
 More Mobile ATMs & Financial Inclusion Resource
Centres to be launched
49
50