Analyst meeting sbt 26042016

FINANCIAL YEAR 2015 - 16 RESULTS

HEAD OFFICE: THIRUVANANTHAPURAM

WELCOME TO ANALYSTS’ MEET

26th April, 2016

State Bank Of Travancore A brief history  Established as The Travancore Bank Limited on 12th September, 1945.  Founded by Maharaja Chithira Thirunal Balarama Varma of the erstwhile princely State of Travancore.  Became a Scheduled Commercial Bank in 1946. In 1960, became a subsidiary of the State Bank of India.  Renamed as State Bank of Travancore.  State Bank of India holds 79.09% of equity capital.

 An unbroken track record of dividend payment since 1999 and listed in NSE and BSE. 2

Footprints……  The first Banking Museum of Kerala; “Footprints” has been thrown open to the public by State Bank of Travancore.  The Banking Museum & Archives was inaugurated by the Honourable Governor of Kerala; Justice (Retd.) P. Sathasivam on 23rd April, 2016.

 A book that chronicles the Bank’s history and its glorious saga; “Tradition of Trust: The Saga of State Bank of Travancore” was released on the occasion.

3

DELIVERY CHANNELS  Head Office at Thiruvananthapuram, Kerala.  3 Retail Networks headed by General Managers @ Thiruvananthapuram, Ernakulam & Chennai.  1 Commercial Network @ Thiruvananthapuram  10 Modules and 30 Regional Offices.

 11 Specialised NRI Branches and 45 P & SB Branches.  15 Commercial Branches & Mid Corporate Branches for Corporate Credit.

 10 Specialised SME Branches, 2 Housing Finance Branches & 9 Krishi Point Branches.

4

Bank At A Glance Branches

1177

ATMs

1707

CDMs

106

Deposit (Rs. in Crores) Advances (Rs. in Crores)

101119 67004

Total Business (Rs. in Crores)

168123

Total Assets (Rs. in Crores)

114507

Staff Strength

14892

5

Performance Highlights FY16 over FY15

YoY Growth

Operating Profit

31.05%

Net Profit

0.60%

Fee Income

28.31%

Cost to Income Ratio

697 bps

Gross NPA Ratio

141 bps

Capital Adequacy Ratio (Basel III) Tier I – 8.90%

Overall 11.60%

6

Net Profit - a Snapshot Rs. in Crores

Q4FY16

Q4FY15

YOY %

FY 16

FY 15

YOY %

Operating Profit

547

468

16.88

1798

1372

31.05

Total Provisions

485

276

75.72

1460

1036

40.93

Loan Loss

520

97

436.08

1443

749

92.66

Standard Assets

(-) 32

34

-194.12

(-) 57

49

-216.33

Investment Depreciation

(-) 45

5

42

(-) 31

6

5

(-) 127

44

Income Tax

36

135

(-) 73.33

159

225

(-) 29.33

Net Profit

62

192

(-) 67.71

338

336

0.60

Other Provisions

7

NII and Operating Profit Rs. in Crores Interest Income

Q4FY16

Q4FY15

YOY %

FY 16

FY 15

YOY %

2387

2331

2.40

9609

9568

0.43

Other Income

414

372

11.29

1148

1015

13.10

Of which Fee Income

273

201

35.82

698

544

28.31

Total Income

2801

2703

3.63

10757

10583

1.64

Interest Expenses

1756

1750

0.34

7055

7285

(-) 3.16

Net Interest Income

631

581

8.61

2554

2283

11.87

Staff Expenses

271

272

(-) 0.37

1073

1188

(-) 9.68

Overheads

227

213

6.57

831

738

12.60

Operating Expenses

498

485

2.68

1904

1926

(-) 1.14

Operating Profit

547

468

16.88

1798

1372

31.05

8

Operating Profit

Rs. in Crores

10757 7055

10583

1904

7285

1798 Mar'16

1926

Tot.Income

Int.Exp

Opg.Exp

1372

Mar'15 Opg.Profit 9

NET INTEREST INCOME (NII)

Parameters

Tot.Int Income

Rs. in crore

Mar‘16

Mar'15

Tot. Int. Income

9609

9568

Int. Exp.

7055

7285

NII

2554

2283

Intt. Exp

NII

Tot.Int Income Mar'16

Mar'15

10

Capital Adequacy Basel III CAR%

10.74

10.79

10.28

10.16

10.10

10.89

10.47

10.33

10.25

1.99%

1.86%

1.80%

1.68%

11.60

Tier II 2.85%

2.33%

2.22%

2.13%

2.04%

2.41%

#

Tier I

RWA

7.47%

8.46%

8.06%

8.03%

8.06%

8.90%

8.61%

8.53%

8.57%

#9.19%

Mar-13

Mar 14

Jun 14

Sep 14

Dec 14

Mar 15

Jun 15

Sep 15

Dec 15

Mar 16

52804.92

58919.31

59430.52

59242.99

60919.89

63744.90

63512.93

63843.41

59576.35

63656.95

# CET1 8.90%

11

In % age

RATIOS Parameters

Mar'16

Mar'15

ROE

6.20

6.65

NIM

2.54

2.30

GROSS NPA RATIO

4.78

3.37

NET NPA RATIO

2.77

2.04

61.49

60.62

PCR

12

In Percentage

Interest Spread Yield Advances Yield onon Advances

Cost of Deposits

7.49 7.41 7.38 7.32

7.09 7.05 7.04 6.94

Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16

Cost of Funds - Aggregate

10.5610.5910.4910.5010.46 10.44 10.3910.27 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16

Interest Spread

3.41 3.41 3.35 3.33 2.95 3.15 3.21 3.17

7.01 6.97 6.90 6.86 6.53 6.52 6.51 6.40 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16

Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16

13

Retail Deposits Rs in Crores

Bulk Deposits (>1Cr) 9.34% High Cost Deposits 0.48%

(% YOY growth)

TD-Bulk 59,474

28,644

(-22)

TDRetail

(12)

CA

(28)

2,863

SB

(18)

Mar 16 Total Deposit Market Share

51,892

High Cost Deposits 0.73%

9,444

3,557 CASA 31.84%

12,057

Bulk Deposits (>1Cr) 13.24%

101119

1.07%

24,265

CASA 29.79%

Mar 15 YOY Gr 11.03%

91077

1.05%

14

Retail Advances

Rs. In crores

Distribution of Retail Loans(%)

29.54 9.87 7.34

53.25

Total

Other Per.

Distribution of Home Loans(%) Above Rs.30 lacs

79

Upto Rs.30 lacs

23

25.48

Education

12.16

7.74

Auto Home

77

54.62

Mar 16

Mar 15

20743

18784

Level Mar 16 Mar 15 Dec 15 YOY Growth Abs. YOY Growth % 5 year CAGR(%)

21

Home

11046 10259 10818 787 7.67 8.38

Mar 16

Mar 15

11046

10259

Total Auto

Edu

1522 1454 1514 68 4.68 1.22

2048 2284 2193 -236 -10.33 0.06

Other Per.

6127 4787 5779 1340 27.99 11.94

Total

20743 18784 20304 1959 10.43 7.66

15

Asset Quality

Rs in Crores

4.78% 4.03%

3.82%

3.87%

2,357

2,759

2,569

2,604

3,200

Mar 15

Jun 15

Sep 15

Dec 15

Mar 16

Gross NPA

3.37%

2.47%

Net NPA

2.04%

* PCR %

2.27%

2.46%

2.77%

1,654

1,498

1,628

Mar 15

Jun 15

Sep 15

Dec 15

Mar 16

60.62

57.17

60.27

59.70

61.49

1,399

1,814

* Provision Coverage Ratio

16

Gross NPAs by Sector

Rs. In Crores

Break-up of Gross NPAs Mar 16 Sector NPA

C&I

Ratio %

2191 6.95

Sector-wise Gross NPAs to Total Gross NPAs % Mar 15 NPA

Ratio %

Mar 14 NPA

Ratio %

1502 4.37 2022 5.79

SME

422 6.04

329 5.39

390 6.37

Agri

179 2.30

191 1.79

205 1.84

Retail Total

408 1.97 3200 4.78

335 1.78

460 2.48

2357 3.37 3077 4.35

C&I

68.5

Retail

12.7 5.6 13.2

Agri.

SME

Mar-16

63.7

65.7

14.2

14.9

8.1

6.7

14.0

12.7

Mar- 15

Mar-14

17

Shareholding Pattern SHAREHOLDER CATEGORY

STATE BANK OF INDIA RESIDENT NRI FOREIGN INSTITUTIONAL BODY CORPORATE MUTUAL FUNDS GOVERNOR OF KERALA INSURANCE COMPANIES FINANCIAL ISTITUTIONS CLEARING MEMBERS BANKS TRUST

PERCENTAGE

STATE BANK OF INDIA

79.09

RESIDENT

11.22

NRI

1.92

FOREIGN INSTITUTIONAL

2.25

BODY CORPORATE

2.11

MUTUAL FUNDS

1.01

GOVERNOR OF KERALA

0.89

INSURANCE COMPANIES

1.05

FINANCIAL INSTITUTIONS

0.04

CLEARING MEMBERS

0.07

BANKS

0.35

TRUST

0.00

18

Shareholder Returns

Parameters

Mar'16 Mar'15

ROE

6.20

6.65

EPS

47.50

56.63

794

880

BOOK VALUE

19

Capital Infusion Tier 2 Capital: • Successfully issued 5,150 Basel III compliant Tier 2 Bonds on 30th March, 2016.

• Issue Size: Rs. 515 Crores • Annual Coupon Rate: 8.45% During the FY 2015 – 16, Bank transferred the proceeds of the Rights Issue of FY 2014 – 15 to Share Capital and Share Premium A/c from the Share Application Money Account.

20

Dividend

In percentage

50

50

31.03.2015

31.03.2016

21

Branch Expansion

Mar 16

Metro

Urban Semi-Urban Rural Total Loss Making Branches > one year

Mar 15

Branches opened during MAR 16

Mar 14

114

117

110

0

(9.68)

(10.11)

(9.85)

0

243

241

232

2

(20.65)

(20.83)

(20.77)

(8.70)

683

677

664

6

(58.03)

(58.51)

(59.44)

(26.08)

137

122

111

15

(11.64)

(10.55)

(9.94)

(65.22)

1177

1157

1117

23

42

47

53

Figures in brackets indicate percentage share in total branches

22

Human Resources

Staff Strength as on

Mar 16

Mar 15

Mar 14

Mar 13

Officers

5443

4896

5094

5093

Assistants

7059

6390

7005

5351

Sub-staff (Others )

1521

1655

1768

1493

869

834

624

588

14892

13775

14491

12525

Watch & ward

Total

23

Expanding Footprint & Multiple Delivery Channels Branches 5% 1177

1157

1117

1013

Num of Branches added during last one year : 23

CAGR : Mar 13-16

* In lacs

ATMs 21%

1602

1707

1352 965

Mar 13

Mar 14

Mar 15

Mar 16

Internet Banking Users *

28%

Mar 13

Mar 14

1.92

5.61

1.45

Mar 15

2.48

20%

11.66 8.72

Mar 14

Mar 16

Mobile Banking Users*

7.17

Mar 13

Mar 15

Mar 16

Mar 13

1.61

Mar 14

Mar 15

Mar 16

24

Expanding Footprint Total no. of POS Terminals

0.27%* 0.25%

Market Share

0.18%

2851

Amt of POS txns during the Year Upto Mar 16 (Rs. in Cr) 22 No. of txns 1793 during the year

3430

(in lacs)

27

1408

8

1926 0

667

Mar 13

Mar 14

0 Mar 13

Mar 14

Mar 15

Mar 16

Mar 15

Mar 16

* Upto Dec 2015

YoY Growth %

Amount (Rs. Crores)

39%

1573

45% 63%

1135 784

481

Mar 13

Mar 14

Mar 15

Mar 16

Debit Card Spends : Point of sale & e-Commerce

25

Financial Inclusion Rural Branches 27% 113

CAGR : Mar 13-16

Unbanked Villages Covered 920

BC Channel transactions # 12.1

137%

126

79%

86

332

61

Mar 13

Mar 14

Mar 15

Mar 16

No. of A/c’s through BC Channel*

69

69

Mar 13

Mar 14

Mar 15

Mar 16

RSETIs – No. of Candidates Trained

2.12

2.69

3.22

Mar 13

Mar 14

Mar 15

Mar 16

JDY- Actual Nos. 6%

1.37

500096 516531

9%

79%

3312

0.77 0.24

0.27

Mar 13

Mar 14

* In lacs

Mar 15

2546

Mar 16

Mar 13

437359 445229

465939

2721 2336

Mar 14

# Amount in crores (during the year)

Mar 15

Mar 16

Nov 15 Dec 15 Jan 16 Feb 16 Mar 16

26

Corporate Social Responsibility  During FY 2015 – 16, an amount of Rs. 2.72 Crores was spent for CSR activities.

Some of the major activities undertaken were: • Vehicle for cancer control and patient support activities to Regional Cancer Care Centre, Thiruvananthapuram.

• Vehicle to Special School for Mentally Retarded Children, managed by Mahatma Gandhi Seva Sangam, Vasudevanallur, Tirunelveli and Battery operated vehicle to remove waste from doorsteps to Shencottah Municipality.

• Establishment of Labour Room at the Swami Vivekananda Medical Mission Hospital Attappady, Palakkad.

• Resource for Cardiac Transplant Programme to Sree Chitra Thirunal Institute for Medical Science and Technology, Thiruvananthapuram.

• Equipments to start paper bag, paper cup and paper plate manufacturing unit to Rotary Institute for Children in Need of Special Care, Thiruvananthapuram.

• Cut models in automobile trades for imparting skill training to the persons with disabilities to Vocational Rehabilitation Centre for Handicapped, Nalanchira, Thiruvananthapuram .

• Hemodialysis Unit to Snehasparsham Kidney Patients Welfare Society, Eranhipalam, Kozhikode.

• Modernisation and Digitalization of the prison library of Central Prison Poojappura, Thiruvananthapuram.

27

Products 28

Products

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