OBC HIGHLIGHTS
OF FINANCIAL RESULTS FOR QUARTER ENDED 31ST DEC, 2014
(Rs. in
Crore)
|
Dec,2014
|
Dec,2013
|
% Growth (YoY)
|
Business Mix
|
3,39,157
|
3,16,432
|
7.18%
|
Total Deposits
|
1,97,820
|
1,82,470
|
8.41%
|
Total Advances
|
1,41,337
|
1,33,962
|
5.50%
|
Core Deposits
|
1,67,072
|
1,53,978
|
8.50%
|
Retail Term Deposits
(less than Rs.1 Cr)
|
72,996
|
63,643
|
14.69%
|
CASA Deposits
|
46,804
|
44,156
|
6.00%
|
Retail Advances
|
16,961
|
15,738
|
7.77%
|
Housing Loan
|
7,739
|
6,944
|
11.45%
|
Business per Employee
|
16.65
|
16.12
|
3.29%
|
Book Value per Share (in Rs.)
|
447.30
|
425.66
|
5.08%
|
Cost of Deposits (%) - Q3
|
7.58%
|
7.74%
|
-16 bps
|
Cost to Income Ratio (%) - Q3
|
43.92%
|
45.37%
|
-145 bps
|
(Rs. in Crore)
|
Q3
FY-14-15
|
Q3
FY-13-14
|
% Growth (YoY)
|
Total
Income
|
5,458.79
|
5,063.98
|
7.80%
|
Non
Interest Income
|
512.02
|
340.81
|
50.24%
|
Operating
Profit
|
1,014.83
|
858.40
|
18.22%
|
v During Q3, 8.87 Lac New
CASA accounts were opened by the Bank.
v
Net Interest Margin (NIM) stood at 2.69%
(Q3).
v
Capital Adequacy of the Bank under BASEL
III: 11.26% (Tier I: 8.54%, Tier II: 2.72%)
v The Bank is in the process
of raising Unsecured
Non-Convertible Basel III Compliant Perpetual Debt Instruments in the nature of
Debentures for inclusion in Additional Tier I Capital aggregating
Rs. 500 crore. The Issue opened on 23.01.2015 and will close on 06.02.2015 and
the deemed date of allotment is 10.02.2015. If we consider the amount of
additional Tier-I capital to be raised, then our CRAR will further improve to
11.58% (Tier I: 8.86%,
Tier II: 2.72%)
v PRIORITY
SECTOR ADVANCES
(Rs. in Crore)
|
Dec,2014
|
Dec,2013
|
%
Growth (YoY)
|
Total Priority Sector Advances
|
54,156
|
48,017
|
12.79%
|
Total Agriculture Advances
|
21,240
|
17,159
|
23.78%
|
Micro & Small Enterprises
|
24,590
|
23,286
|
5.60%
|
Weaker Section
|
14,698
|
12,663
|
16.07%
|
Minority Community
|
8,287
|
7,908
|
4.80%
|
v
RECOVERY & NPA
Ø Total Recovery including Upgradation during the Nine Months ended 31st Dec,
2014 was Rs.1,576.48 crore compared
to Rs.1,259.94
crore in corresponding Nine Months of previous
financial year.
Ø Gross NPA ratio at 5.43% and
Net NPA ratio at 3.68%.
Ø Provision Coverage
Ratio
stood at 57.39%.
v
PROGRESS UNDER PRADHAN MANTRI JAN-DHAN YOJANA (PMJDY)
The Bank is
implementing the Pradhan Mantri Jan-Dhan Yojana (PMJDY)
in a mission mode. The progress under
the scheme is as under:
Ø
No.
of Accounts Opened : 20.55 Lac
Ø
No.
of RuPay Cards Issued : 19.82 Lac
Ø
Amount
of Deposit in above Accounts: Rs.867 crore
v During the Nine Months ended 31st
Dec, 2014, 74 New Branches were opened & 333 New ATMs were
installed. The
Total Delivery Channels of the Bank as on 31st Dec, 2014,
stood at 4661 (2200 Branches and 2461 ATMs).
v The Customer Base of the Bank stands
increased to 24.78 million.
v During the Nine Months ended Dec, 2014
Bank recruited 1407 personnel including 530 Officers & 856
Clerks.
v
OTHER
INITIATIVES DURING Q3
Ø Festival offer on
Home & Car Loans launched with 100% waiver in process
fee has been now extended till 31st March, 2015.
Ø To boost the Home
Loan portfolio, a HOME LOAN POINT has been made functional at B/O New Railway
Road, Gurgaon.
Ø Bank has introduced state Govt. tax, VAT etc collection modules for the
state of Odisha. These facilities are also available for states of Delhi,
Maharashtra, Tamil Nadu,
Andhra Pradesh, Rajasthan & West Bengal through Net Banking.
v LATEST CSR
INITIATIVES
Ø
Swachch Bharat
Abhiyan:
The Bank has earmarked an amount of Rs. 2.00 crore for constructing toilets in
various Govt. schools. The Bank has taken up the Project of Swachch Bharat
through its own Regional Offices across the country. The construction is being
done in Pan India level on Priority and as focused CSR activity, leading towards
the dream of a “Clean and Safe” India. Presently Bank has constructed Toilets
in 164 Government schools across the country. The entire project as proposed by
our Bank is likely to be completed by 31-03-2015.
Ø
St. Michael's Hostel,
Jangpura, New Delhi: The Bank adopted 10 poor & needy Girl Children of
St. Michael's Hostel, Jangpura, New Delhi for fulfilling their educational,
medical and other needs.
Ø
CSR
Activity at Benti Village, Lucknow
: The Bank awarded scholarships to 20 children of the village,
provided benches to Government Schools and constructed/repaired toilets of
primary schools of that village. This village has been adopted by Hon’ble Home
Minister, Govt. of India under Saansad Adarsh Gram Yojana.
Place : Gurgaon
Date
: 29.01.2015
Andy
9999 573707
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