QAB: Quarterly Average Balance
MAU: Monthly Active Users engaging in financial and non-financial transactions
1 SBB : Small Business Banking
2 Based on RBI data as of Jun’23
3 across 64 global banks, 82 fintechs and 9 neo banks with 2 mn+ reviews
4 Coverage Ratio = Aggregate provisions (specific + standard + additional + Covid) / IRAC GNPA
Snapshot (As on June 30th, 2023) (in ` Crores)
Profit & Loss | Absolute (in ` Crores) | YOY Growth | QOQ | ||
---|---|---|---|---|---|
Q1FY24 | Q1FY23 | Q4FY23 | |||
Net Interest Income | 11,959 | 9,384 | 11,742 | 27% | 2% |
Fee Income | 4,488 | 3,506 | 4,568 | 28% | (2%) |
Operating Expenses | 8,232 | 6,425 | 7,362 | 28% | 12% |
Operating Profit | 8,814 | 5,887 | 9,168 | 50% | (4)% |
Profit after Tax (reported)* | 5,797 | 4,125 | (5,728) | 41% | - |
Balance Sheet | Absolute (in ` Crores) | YOY Growth |
---|---|---|
Q1FY24 | ||
Total Assets | 13,02,839 | 13% |
Net Advances | 8,58,511 | 22% |
Total Deposits | 9,41,690 | 17% |
Shareholders' Funds | 1,30,950 | 10% |
* Exceptional Items (EI) for Q4FY23 comprise of (i) full amortization of Intangibles and Goodwill (ii) impact of policy harmonization on operating expenses and provisions; and (iii) one-time stamp duty costs, pertaining to acquisition of Citibank India Consumer Business, profit excluding exceptional items `6,625 crores
Key Ratios | Absolute (in ` Crores) | |
---|---|---|
Q1FY24 | Q1FY23 | |
Diluted EPS (Annualised in `) | 75.40 | 53.76 |
Book Value per share (in `) | 425 | 389 |
Standalone ROA (Annualised) | 1.80% | 1.44% |
Standalone ROE (Annualised) | 19.17% | 15.07% |
Cons ROA (Annualised) | 1.83% | 1.48% |
Cons ROE (Annualised) | 19.44% | 15.56% |
Gross NPA Ratio | 1.96% | 2.76% |
Net NPA Ratio | 0.41% | 0.64% |
Basel III Tier I CAR^ | 14.90% | 15.79% |
Basel III Total CAR^ | 17.74% | 17.83% |
^ including profit after tax for Q1
Strong operating performance
Robust loan growth delivered across all business segments
Steady growth in granular deposits, early visibility of improving quality
Well capitalized with self-sustaining capital structure; adequate liquidity buffers
Retaining strong position in Payments and Digital Banking
Declining gross NPA’s and slippages
Bank’s subsidiaries6 continue to deliver steady performance
1 MEB – Month End Balance,
2 Liquidity Coverage Ratio
3 across 64 global banks, 82 fintechs and 9 neo banks with 2 mn+ reviews
4 Monthly active users, engaging in financial and non-financial transactions,
5 (specific+ standard+ additional + COVID)
6 Figures of subsidiaries are as per Indian GAAP, as used for consolidated financial statements of the Group