BENGALURU INDIA 07.08.2018
Highlights
– Global Business is at Rs. 4,74,976 crore.
– Domestic CASA share as on 30.06.2018 improved to 33.43% from 30.13% as on 30.06.2017.
– Domestic Advances increased by 7% y-o-y to Rs. 1,74,868 crore
– Priority Sector Advances increased by 5% y-o-y to Rs. 70,681 crore.
– RAM Advances increased by 5% y-o-y to Rs. 94,449 crore.
– Retail Advances increased by 11% y-o-y to Rs. 35,827 crore.
– Home Loan Portfolio increased by 15% y-o-y to Rs. 17,425 crore.
– Gross NPA Ratio stood at 12.59% and Net NPA Ratio at 6.64%
– Cash Recovery aggregated to Rs. 2,009 crore during the Q1 FY 18-19 against Rs. 559 crore during Q1 FY 17-18.
– Provision Coverage Ratio improved to 63.04%, up from 54.80% a year ago.
– Capital Adequacy Ratio stood at 11.84%.
A net loss of Rs. 1,282 crore for the quarter ended 30th June 2018 is due to higher provisioning, reduction in Treasury Income and MTM depreciation.
The gross NPA ratio of the bank worsened to 12.59 percent from 11.53 percent as on March-end 2018 and 9.96 percent as on June end 2017.
Capital
The public sector bank’s capital adequacy ratio (CAR) declined to 11.84 percent (tier-1 ratio of 7.01 percent) from 12.24 percent in March quarter and 12.30 percent a year ago.
Current RBI norms under Basel III require banks to maintain a minimum CAR of nine percent and a Tier-I ratio of 7 percent.
