UNITED BANK OF INDIA The Bank that begins with

FINANCIAL RESULTS Fy:2018-19 , Q-2

Date :13/11/2018

Bank’s Key Strengths

* Robust CASA Deposits.

* Significant presence in rural & semi-urban markets with focus

on mid segment.

* Diversified products to cater to requirements of all segments.

* Technology-enabled operating platform, committed to digital

banking.

* Personalised Service.

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68562 68250 68692 66743 66830

126322 125579 129326 128567 129977

Sept'17 Dec'17 Mar'18 Jun'18 Sept'18

Total Advance Total Deposit

CASA

49.23 %

Term

Deposit

50.77 %

CASA Share

CASA Term Deposit

59921

59263

62648

62938

63987

56000

58000

60000

62000

64000

66000

Sep'17 Dec'17 Mar'18 Jun'18 Sep'18

CASA Growth Quarter wise

Business Profile (Rs. in Crores)

3

A Glance on Results Q2: FY 2018-19

Performance

Parameter

(Amt in Rs. Cr)

Q2-18

Q2-19

Operating Profit 286 206

Net Profit -345 -883

Total Business 194884 196807

Total Deposits 126322 129977

Total Advances 68562 66830

Total Assets 139282 142667

Net worth 4208 2788

Total Capital

(Basel- III) 7319 4577

Tier I Capital

(Basel-III) 5459 3407

Business per

Employee 13.25 13.59

Ratio (in %)

Q2-18

Q2-19

Return on Assets -0.98 -2.43

Credit to Deposit

(CD) 54.28 51.41

CASA 47.44 49.23

NIM 1.66 2.16

Capital Adequacy

Ratio

(Basel III, Tier I )

10.70

(7.98)

7.82

(5.82)

Cost of Fund 5.54 5.06

Provision

Coverage Ratio 57.41 60.10

Gross NPA 18.80 22.69

Net NPA 11.63 14.36

4

Results at a Glance Q2: FY 2018-19

Particulars Q2-FY19 (in Cr )

Movement

from Q2-FY18

Movement

(%)

Q2-FY18 (in Cr )

Total Deposit 129976

2.89 126322

CASA Deposit 63987 6.78 59921

Retail Advance 11865 15.19 10300

MSME Advance 12411 1.65 12210

RAM share (%) in

Gross Advance 51.04 254 bps 48.50

Car Loan 778 7.76 722

Housing Loan 8968 13.45 7905

Net Interest Income 442 17.24 377

PCR (%) 60.10 269 bps 57.41

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Parameters

(Amt in Rs. Cr.) Sept’17 Dec’17

Mar’18

Jun’18

Sept’18

Q-o-Q

Growth (%)

Y-o-Y

Growth (%)

Total Deposits

126322 125579 129326 128567 129977 1.10 2.89

Gross Advances

68562 68250 68692 66743 66830 0.13 -2.53

Total Business

194884 193829 198018 195310 196807 0.77 0.99

Saving Deposits 51258 51494 52744 54089 55238 2.12 7.76

Current Deposits 8663 7769 9904 8849 8749 -1.13 0.99

CASA Deposits 59921 59263 62648 62938 63987 1.67 6.79

CASA as % of

Total Deposits 47.44 47.19 48.44 48.95 49.23 - -

Term Deposits 66401 66316 66678 65629 65990 0.55 -0.62

Credit to Deposit

(%) 54.28 54.35 53.12 51.91 51.41 - -

Business Mix

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Composition of Advances

Parameter (Amount in

Rs. Crores)

Sept’17

Dec’17

Mar’18

June’18

Sept’18

Q-o-Q

Growth (%)

Y-o-Y

Growth (%)

PRISEC 28269 28560 29321 29046 28749 -1.02 1.70

Agriculture Credit 10743 10466 10468 10281 9832 -4.37 -8.48

MSME Advance 12210 12799 12598 12322 12411 0.72 1.65

Other Priority

Sector 5316 5295 6255 6443 6506 0.98 22.39

Retail Advance 10300 10836 11329 11691 11865 1.49 15.19

Housing 7905 8238 8615 8851 8968 1.32 13.45

Education 438 427 417 405 392 -3.21 -10.50

Car Loan 722 756 783 786 778 -1.02 7.76

Personal Loan &

Others 1235 1415 1514 1649 1727 4.73 39.84

7

Thrust on RAM Advances (Y-o-Y) (Rs. in Crores)

Particular Sept’17 Sept’18

Y-o-Y

Growth

(%)

Retail Advances 10300 11865 15.19

Agriculture

Advances 10743 9832 -8.48

MSME Advances 12210 12411 1.65

Gross Advance 68562 66830 -2.53

RAM Advance 33253 34108 2.57

RAM share (%) in

Gross Advance 48.50 51.04 254 bps

0

5000

10000

15000

Sept'17

Sept'18

47

48

49

50

51

52

RAM share (%)

Sept'17

Sept'18

8

Priority Sector Credit (Rs. in Crores)

Particulars Sept’17 Dec’17

Mar’18

Jun’18 Sept’18

Q-o-Q

Growth (%)

Y-o-Y

Growth (%)

Regulatory

Requirement

ANBC

71907 71165 73442 73731 71632 -2.85 -0.38 -

PRISEC

(With RIDF)

31340 31952 33816 33184 32888 -0.89 4.94 -

% to ANBC

43.58 44.90 46.04 45.00 45.91 - - 40.00

Agriculture

(With RIDF) 12611 12398 12731 12403 11948 -3.67 -5.26

-

% to ANBC

17.54 17.42 17.33 16.82 16.68 - - 18.00

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Investments

(Rs. in Crores)

Category Sept’17 Dec’17

Mar’18

Jun’18 Sept’18

Yield

as on

Sept-18

(%)

HTM 25531 25865 28340 28158 28337 7.55

AFS 24675 17207 22861 24660 32648 8.00

HFT 114 6 0 0 0 0

Total 50320 43079 51201 52819 60985 7.68

HTM

46%

AFS

54%

HFT 0%

10

Income - Expenditure and Profit (Rs. in Crores)

Particulars

Q- 2

(17-18)

Q- 3

(17-18)

Q- 4

(17-18)

Q- 1

(18-19)

Q- 2

(18-19)

Growth

(%)

(Q-o-Q)

Growth

(%)

(Y-o-Y)

Interest Income 2076 2005 2188 2155 2123 -1.48 2.26

Non-Interest

Income 509 478 448 395 477 20.76 -6.29

Total Income 2585 2483 2636 2550 2600 1.96 0.58

Interest

Expenditure 1699 1657 1674 1610 1681 4.41 -1.06

Operating

Expenses 599 645 828 657 713 8.52 19.03

Total

Expenditure 2299 2301 2503 2267 2394 5.60 4.13

Operating

Profit 286 182 133 283 206 -27.21 -27.97

Provision 631 819 394 671 1089 62.30 72.58

Net Profit/Loss -345 -638 -261 -389 -883 126.99 155.94

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Other Income (Rs. in Crores)

Particulars

Q- 2

(17-18)

Q- 3

(17-18)

Q- 4

(17-18)

Q- 1

(18-19)

Q- 2

(18-19)

Growth

(%)

(Q-o-Q)

Growth

(%)

(Y-o-Y)

Comm, Exch &

Brokerage 40.35 49.45 49.76 39.83 40.01 0.45 -0.84

Profit from

Trading 357.77 272.00 203.70 229.01 293.75 28.27 -17.89

Profit from

Exchange

Trans.

24.99 32.75 43.02 40.20 33.99 -15.45 36.01

Bad Debt

Realization 15.75 46.17 24.87 8.05 26.93 234.53 70.98

Other Misc.

Income 70.33 78.00 126.34 77.60 82.37 6.15 17.12

Total Other

Income 509.19 478.37 447.69 394.69 477.05 20.87 -6.31

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Other Expenditure (Rs. in Crores)

Particulars

Q- 2

(17-18)

Q- 3

(17-18)

Q- 4

(17-18)

Q- 1

(18-19)

Q- 2

(18-19)

Growth

(%)

(Q-o-Q)

Growth

(%)

(Y-o-Y)

Establishment

Expense 370.19 391.08 567.78 438.18 490.85 12.02 32.59

Rent , Taxes &

Lighting 38.76 39.91 42.83 34.53 41.29 19.58 6.53

Printing &

Stationery 5.56 4.64 6.03 5.03 5.25 4.37 -5.58

Depreciation 29.50 32.35 32.10 29.47 29.05 -1.43 -1.53

Service

charges 49.74 58.48 61.30 47.79 65.30 36.64 31.28

Insurance 40.33 43.86 39.75 42.62 37.50 -12.01 -7.02

Others 65.37 74.45 78.53 59.60 44.04 -26.11 -32.63

Total 599.45 644.77 828.32 657.22 713.28 8.53 18.99

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Provisions & Contingencies (Rs. in Crores)

Particulars

Q- 2

(17-18)

Q- 3

(17-18)

Q- 4

(17-18)

Q- 1

(18-19)

Q- 2

(18-19)

Growth

(%)

(Q-o-Q)

Growth

(%)

(Y-o-Y)

Provisions for

NPA 876 964 1333 698 1097 57.16 25.23

Provisions for

NPI 19 20 301 84 187 122.62 884.21

Depreciation on

Investments -10 189 -39 161 186 15.53 -1960

Deferred Tax

Asset -122 -255 -991 -154 -392 154.55 221.31

Others -132 -99 -210 -118 11 -109.32 -108.33

Total 631 819 394 671 1089 62.30 72.58

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Productivity Ratios

*Annualised Sept’17 Dec’17

Mar’18

Jun’18

Sept’18

Business Per Employee

(Rs/Cr.) 13.25 13.25 13.22 13.29 13.59

Business Per Branch

(Rs/Cr.) 94.79 94.23 96.27 95.32 95.82

Gross Profit Per Employee

(Rs/ Lac)* 9.69 8.13 6.91 7.77 6.78

Gross Profit Per Branch

(Rs/ Lac)* 68.84 57.50 49.78 55.35 47.50

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Asset Quality (Rs. in Crores)

Particulars Sept’17 Dec’17

Mar’18

Jun’18

Sept’18

Gross NPA 12893 13721 16552 15169 15163

Gross NPA ( %) 18.80 20.10 24.10 22.73 22.69

Net NPA 7280 7365 10316 9233 8658

Net NPA Ratio (%) 11.63 11.96 16.49 15.17 14.36

PCR (%) 57.41 59.11 53.48 56.91 60.10

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Composition of Gross NPA (Rs. in Crores)

Particulars Sept’17 Dec’17

Mar’18

Jun’18 Sept’18

Substandard Assets

1881 1900 4776 3703 2583

Doubtful Assets 10783 11710 11732 11349 12533

Loss Assets 229 111 44 117 47

Gross NPA 12893 13721 16552 15169 15163

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Movement of NPA (Rs. in Crores)

Particulars

Q- 2

(2017-18)

Q- 3

(2017-18)

Q- 4

(2017-18)

Q- 1

(2018-19)

Q- 2

(2018-19)

(A) Opening GNPA 12165 12893 13721 16552 15169

(B) Addition/ Fresh Slippage:

1079 1125 4733 547 774

(C ) Reduction 351 297 1902 1930 780

a. Cash Recovery/ Upgradation

137 89 273 265 159

b. Sale to ARCs 73 22 226 0 0 c. Resolution through NCLT

0 0 0 957 266

d. Write off (OTS) 18 29 41 69 26

e. Write off (Tech) 123 157 1362 639 329

(D) Closing GNPA 12893 13721 16552 15169 15163

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Capital Adequacy (Basel III) (Rs. in Crores)

Particulars Sept’17

Dec’17

Mar’18 Jun’18 Sept’18 Minimum Regulatory

Requirement

Tier - I 5460 5009 6271 4793 3407

Common Equity

(inclusive of CCB)

5115 4069 5331 4793 3407

Additional Tier I

(AT 1)

345 940 940 0 0

Tier II 1859 2107 1748 1731 1170

Total 7319 7116 8019 6524 4577

RWA 68394 64812 63543 59535 58493

CRAR (%age) 10.70 10.98 12.62 10.96 7.82 10.875

Tier I 7.98 7.73 9.87 8.05 5.82 7.00

CET+CCB 7.48 6.28 8.39 8.05 5.82 7.375

Additional Tier -1 0.50 1.45 1.48 0.00 0.00

Tier -II 2.72 3.25 2.75 2.91 2.00

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Branch Channel

27.95 %

eMode (ADC

Transactions)

72.05 %

Branch Transaction vis-à-vis eMode Transactions

20

Bank has sponsored 4 RRBs, Bangiya Gramin Vikash Bank (West

Bengal), Assam Gramin Vikash Bank (Assam), Tripura Gramin

Bank (Tripura) and Manipur Rural Bank (Manipur).

Combined branch network of the sponsored RRBs is 1168 with a

combined business of Rs.41797 crore as on 30.09.2018.

All the branches of the RRBs are CBS enabled.

Regional Rural Banks

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