1. Financial Results
First Quarter ended 30 June 2012
ING VYSYA BANK LIMITED
Investor/Corporate Presentation
Bangalore – 24 July 2012
www.ingvysyabank.com
2. Key Performance Highlights – Q1 2013
Net Profit up 38% to Rs. 1,301 million. Net Profit has grown consistently, with this being the
eleventh quarter of sequential growth and 25th quarter of y-o-y growth
Net Interest Income up 31% to Rs. 3,433 million
NIM’s improved from 3.02% to 3.29%
Cost income ratio improved from 63.5% to 57.7%
Operating profit up 48% to Rs. 2,175 million
ING VYSYA BANK LIMITED 2
Gross Advances up 23% to Rs. 298,009 million
Deposits up 15% to Rs. 358,782 million. CASA Ratio at 33.3% (Core CASA at 32.0%)
Gross NPA improves from 2.15% to 1.97%, Net NPA improves from 0.35% to 0.19%
Provision coverage up from 83.9% to 90.4%
Return on Assets improves from 0.95% to 1.11%
Capital Adequacy at 13.35% and Tier 1 at 10.65%
3. Balance Sheet
As at 30 June 2012 As at 30 June 2011 Y o Y Growth (%)
Capital and Reserves 41,126 36,950 11%
Deposits 358,782 313,125 15%
Borrowings 63,569 40,076 59%
Other Liab. & Provisions 23,812 20,865 14%
Total Liabilities 487,288 411,017 19%
Cash, Inter-bank, etc. 31,383 27,544 14%
Investments 137,827 125,094 10%
Advances 292,695 238,225 23%
Rs. Million
ING VYSYA BANK LIMITED 3
Advances 292,695 238,225 23%
Fixed Assets 4,990 5,010 0%
Other Assets 20,394 15,144 35%
Total Assets 487,288 411,017 19%
As at 30 June 2012 As at 30 June 2011 Y o Y Growth (%)
CA 65,912 55,216 19%
SA 53,449 50,669 5%
TD 193,563 163,439 18%
CD 45,858 43,801 5%
Total Deposits 358,782 313,125 15%
CASA% 33.3% 33.8%
4. Q1 FY13 Q1 FY12 Y o Y Growth %
Net Interest Income 3,433 2,620 31%
Other Income 1,710 1,405 22%
Total Income 5,142 4,025 28%
Staff expenses 1,768 1,467 20%
Other expenses 1,200 1,089 10%
Profit & Loss Rs. Million
ING VYSYA BANK LIMITED
Other expenses 1,200 1,089 10%
Total Expenses 2,967 2,557 16%
Operating Profit 2,175 1,468 48%
Provisions 267 62 330%
Profit before tax 1,908 1,406 36%
Taxes 607 466 30%
Net Profit 1,301 940 38%
4
5. Q1 FY13 Q1 FY12
Net Interest Margin 3.29% 3.02%
Yield on Advances 12.00% 11.12%
Cost of Deposits 7.53% 6.79%
Cost Income Ratio 57.70% 63.52%
Return on Assets 1.11% 0.95%
Return on Equity 12.93% 13.76%
Key Ratios
ING VYSYA BANK LIMITED
Return on Equity 12.93% 13.76%
CASA Ratio 33.27% 33.82%
Credit-Deposit Ratio 81.58% 76.08%
Gross NPA Ratio 1.97% 2.15%
Net NPA Ratio 0.19% 0.35%
Provision Coverage Ratio 90.41% 83.91%
Capital Adequacy Ratio 13.35% 15.89%
5
7. Deposit Trends
Growth in Deposits (Rs Bn)
33 33 41 51 64 66
31 34
43
54
56 53
140
182
174
197
231 239
205
249 259
302
352 359
0
50
100
150
200
250
300
350
400 Term Savings Current
60 67
84
105
116 115
5
5 5
31.5% 27.0%
32.6%
34.6%
34.2% 33.3%
0
25
50
75
100
125 CASA (%) Large Inflows
Core CASA (INR Bn)
Growth in CASA (Rs Bn)
ING VYSYA BANK LIMITED 7
Credit-Deposit Ratio (%)
Financials are on a standalone basis and prior year data is restated/re-classified for comparison purposes
33 33
0
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
0
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
71.5%
67.3%
71.6%
78.2%
81.6% 81.6%
50%
60%
70%
80%
90%
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
8. Growth in Gross Advances (Rs Bn)
Advances Trends
Gross Advances Composition (Jun 12)
147
169
188
241
292 298
0
50
100
150
200
250
300
350 Composition YoY Growth QoQ Growth
Wholesale Banking 43.1% 25.4% 3.2%
Business Banking (SME) 31.4% 32.4% 0.8%
ARB (Agriculture) 5.9% 16.2% 6.3%
Mortgages 15.9% 3.9% 0.5%
Personal Loans 0.7% 24.8% 15.8%
Commercial & Auto 1.1% 8.6% 0.6%
Others 2.0% 39.5% 11.9%
Total Bank Gross Advances 22.9% 1.9%
ING VYSYA BANK LIMITED 8
Wholesale Banking Industry Portfolio (Jun12) Business Banking Industry Portfolio (Jun 12)
Financials are on a standalone basis and prior year data is restated/re-classified for comparison purposes
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
Total Bank Gross Advances 22.9% 1.9%
Chemicals,
3.96%
Construction,
5.55%
Gems &
Jewellery,
4.41%
Infra, 4.57%
Manufacturing,
7.87%
NBFC, 21.18%
Retail, 7.13%
Food &
Agri, 4.57%
Professional
Services,
4.48%
Telecom,
18.82%
Textiles, 3.95%
Others*,
13.49%
*Others include Basic Metals 3.9%, Transport 3.8%, Petroleum & Coal 1.2%, Rubber
& Plastic 1.3%, Paper 2.1%, & Mining 1.1%
Trader, 35.09%
Gem &
Jewellery
Retailers,
8.56%
Rental
Discounting,
8.44%
Food
Processing,
7.57%
Automobile,
6.00%
Iron & Steel,
2.67%
Textiles, 4.90%
Contractor,
3.04% Service
Enterprise,
2.45%
Pharmaceutical
s, 2.12%
Other
Manufacturing,
11.05%
Others*, 8.11%
*Others include Printing & Stationery, Education Institutions, Electrical and
Electronic Goods, Garments etc.
9. Operating Efficiency
Yield on Advances & Cost of Deposits Cost/Income Ratio
10.49%
11.48%
10.53% 10.05%
11.53% 12.00%
6.28%
6.83%
5.33% 5.25%
6.99%
7.53%
0%
2%
4%
6%
8%
10%
12%
14%
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
Yield on advances % Cost of deposits %
66.5%
55.7%
1.5%
1.2%
68.0% 64.5%
56.9%
61.8%1
59.1% 57.7%
0%
20%
40%
60%
80%
100%
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
Cost to income ratio % Exceptional items %
ING VYSYA BANK LIMITED 9
Business per employee (RsRsRsRs Mn)2
2 Business indicates loans given+ deposits- interbank deposits for the bank
Average CASA per Branch (RsRsRsRs Mn)
Financials are on a standalone basis and prior year data is
restated/re-classified for comparison purposes
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
41
46 47
50
56
59
0
10
20
30
40
50
60
70
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
110 114
134
162
176 181
0
50
100
150
200
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
1 FY 10 - 11 operating cost includes one time additional retiral staff cost of Rs 680 mn
10. Income & Profit Performance
Net Total Income (Rs Mn) Net Interest Income (Rs Mn)
4,984
6,496
8,298
10,065
12,083
3,433
3,982
5,477
5,895
6,550
6,698
1,710
204
307
9,170
11,973
14,501
16,615
18,781
5,142
0
5,000
10,000
15,000
20,000
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
Exceptional income Other income NII
4,984
6,496
8,298
10,065
12,083
3,433
2.77%
2.84%
3.21%
3.25%
3.30% 3.29%
2.6%
2.9%
3.2%
3.5%
3.8%
0
3,500
7,000
10,500
14,000
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
NII NIM %
ING VYSYA BANK LIMITED 10
Net Profit (Rs Mn)
Financials are on a standalone basis and prior year data is restated/re-classified for comparison purposes
Other Income (Rs Mn)
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
1,428
2,219
141
203
1,569
1,888
2,422
3,186
4,563
1,301
0
1,000
2,000
3,000
4,000
5,000
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
Exceptional items
Net profit
3,982
5,477
5,895
6,550 6,698
1,710
204 307
0
2,000
4,000
6,000
8,000
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
Other income Exceptional income
11. Other Income
267
225 220
251
329322 326
300
207
348
Q1 '12 Q1 '13
Rs. Million
Period Other Income
Q1-13 1,710
Q1-12 1,405
ING VYSYA BANK LIMITED 11
6
61
4658
43
107
Liability
Related
Asset
Related
Trade Finance
& CMS
WM &
Advisory Fees
FX &
Derivatives
Investment
Related
Recoveries Others
12. Gross NPA (Rs Mn)
Asset Quality
2,032
3,132
5,572 5,532 5,629
5,880
1.38%
1.86%
2.96%
2.30%
1.92% 1.97%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
Gross NPA Gross NPA %
ING VYSYA BANK LIMITED
Net NPA (Rs Mn)
12
0.0%0
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
1,032
2,004
2,218
918
525 5640.70%
1.20% 1.20%
0.39%
0.18% 0.19%
0.0%
0.5%
1.0%
1.5%
2.0%
0
500
1,000
1,500
2,000
2,500
3,000
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
Net NPA Net NPA %
Financials are on a standalone basis and prior year data is restated/re-classified for comparison purposes
13. Returns to Stakeholders
* Equity infusion in Sep ’09 of Rs.4.15 Bn, Jun ‘11 of Rs. 9.69 Bn
Return On Assets Return On Equity
0.74% 0.70%
0.80%
0.89%
1.09% 1.11%
0.25%
0.50%
0.75%
1.00%
1.25%
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
12.03%
11.63% 11.81%* 12.83%
12.73%*
12.93%
8%
10%
12%
14%
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
ING VYSYA BANK LIMITED
Book Value per Share (Rs)Earnings Per Share (Rs)
13
Financials are on a standalone basis and prior year data is restated/re-classified for comparison purposes
* Equity infusion in Sep ’09 of Rs.4.15 Bn, Jun ‘11 of Rs. 9.69 Bn
16.5
18.4
21.6
26.5
31.8
8.7
0
5
10
15
20
25
30
35
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
139.2
155.4
185.3
208.3
258.2 266.8
0
50
100
150
200
250
300
Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
17. Average Retail CASA Growth Momentum
# Includes Branches and ECs
INR Bn Q1 '11 Q2 '11 Q3 '11 Q4 '11 Q1 '12 Q2'12 Q3'12 Q4’12 Q1’13
Retail Bank CASA Average 69.20 73.95 77.60 77.81 84.25 83.82 82.83 84.75 86.20
CASA New to Bank for the Quarter
(NTB)
3.72 4.71 3.95 5.26 9.45 4.16 3.94 5.78 4.17
Feet on Street (FOS) 1,896 2,227 2,301 2,229 2,050 1,843 2,036 1,966 1,819
Branches # 483 488 491 510 515 527 527 527 527
ING VYSYA BANK LIMITED
21
28
34
45
40
45
51
56 59
Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q3'12 Q4'12 Q1'13
17
New to Bank Salary Accounts (000) for the Quarter
2.8x
18. Distribution of Branches
Geographical Distribution,
No. of Branches #, % share
Population wise Distribution, No. of
Branches#, % share
177 180 178 179 179 179
43
74 77 89 101 10133
44 47
63 68 68
432
478 481
510
527 527
18%82%
25%75%
26%74%
30%70%
32%68%
478 481
510
527 527
32%68%
ING VYSYA BANK LIMITED 18
# Includes Branches and ECs
179 180 179 179 179 179
Mar 08 Mar 09 Mar 10 Mar 11 Mar 12 Jun 12
AP Rest of South North & East West
114 132 139 159 160 175
150
167 166
173 179 169
86
92 89
90 97 9882
87 87
88 91 85
432
478 481
Mar 08 Mar 09 Mar 10 Mar 11 Mar 12 Jun 12
Metro Urban Semi-Urban Rural
19%20%35%26%
16%19%32%33%
19. Assets Evolution*
Wholesale Bank Momentum – Increasing share of Large
Corporates and Current Account growth
100
126
161
196 201
Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
2.01x
ING VYSYA BANK LIMITED 19
100
222
312
417
678
Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
Current Account Evolution*
6.78x
* From a base of 100 in Mar 2009
* Includes both fund based and non fund based asset, rebased as 100 in Mar 2009
20. Revenue Momentum*
Wholesale Bank Momentum
Key Ratios
100
120
182
216
235
212
309
139
199
153
196
165
243
50
100
150
200
250
300
350
Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
Revenue Trend Fee Income Trend
58.8%
68.2%
64.5%
41.5%
48.9% 45.8% 46.4%
17.9% 15.3% 16.0% 13.2% 15.1%
19.7%
15.0%
0%
20%
40%
60%
80%
Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Jun-12
Fee % Direct Cost/Income Ratio
ING VYSYA BANK LIMITED 20
Product Momentum *
* From a base of 100 in March - 2007
* From a base of 100 in March - 2007
Wholesale Average CA Momentum#
# From a base of 100 in March - 2009
100 100 100 100
349
281 259
574
0
250
500
750
Lending FM Transaction
Banking
Advisory
Mar 07 Jun 12
3.49x
2.81x
2.59x
5.74x
100 100 100 100
337
247
308 302
-
100
200
300
400
Corporate &
Investment
Banking
Emerging
Corporates
Banks &
Fnancial
Institutions
group
Wholesale
Bank
Mar 09 Jun 12
3.37x
2.47x
3.08x 3.02x
* June 2012 numbers have been annualized
* June 2012 numbers have been annualized
22. 2005
2007
• Completed a 3:1 rights issue to raise INR 3 Bn
• Completed a QIP and a preferential allotment to
raise INR 3.5 Bn
2009
• Completed a QIP and a preferential allotment to
raise INR 4.15 Bn
Banking Franchise with ~8 Decades of Experience
• Completed a QIP and a preferential allotment to
raise INR 9.69 Bn
• Crossed 500 branches and extension counters2011
• Incorporated in 1930, promoted by Vysya
community
• ING Groep NV became the single largest
shareholder in ING Vysya Bank Limited
(IVBL) with board and management control
in Oct 02
• One of India’s premier private sector bank
offering a wide variety of wholesale and
retail banking products and services
• Pan-India network of 1001 outlets servicing
over 2 mn customers as on June 2012
• Balance sheet size of ~INR 487 Bn as on
ING VYSYA BANK LIMITED 22
1930
1985
1990
1996
2002
• Promoted by Vysya (trading community) headed
by Mr. Margapuram Chengaiah Chetty
• Largest Private Sector Bank
• GMR Group acquired 28% in the Bank
• BBL Belgium entered into a strategic alliance and
acquired 20% stake
• ING took over Management and was renamed as
"ING Vysya Bank Limited”
• Balance sheet size of ~INR 487 Bn as on
30 June 2012
23. Company Secretary Chief Corporate Audit Group
MD & CEO
Shailendra Bhandari
• Experience in ING : 3 Years
• Seasoned banker with 27 years of experience.
• Former Managing Director and CEO of Centurion Bank of Punjab from 2004 until 2008
• Former MD and CEO of Prudential ICICI Asset Management from 2000 until 2004; part
of the core team charged with setting up HDFC bank in 1994 as Treasurer and Executive
Director. Ex- Citi banker, having spent 12 years in senior management positions
Country Head
Retail Banking
Country Head
Private Banking
Country Head
Wholesale
Banking
Chief HR
(J M Prasad)
Head Operations
(Meenakshi A)
Chief Financial
Officer
Chief of Staff
(Ashok Rao)
Chief Risk Officer
(Jan Van Wellen)
Chief Audit
Executive
Quality Management Team
ING VYSYA BANK LIMITED 23
• 13 years of prior
experience in
Retail Banking
at Citibank
• Worked across
geographies,
markets and
products
• Worked for BNP
Paribas India
and Lazard
India and carries
a rich
experience of
15 years both in
India and the
Middle East
• Worked at ABN
AMRO,
Standard
Chartered
• Core team
member at IDBI
responsible for
bank’s strategy
& repositioning
• Over 15 years of
experience in
Human
Resources in
Financial
Services and
software
industry
• Worked at ICICI
Bank Limited
• Over 3 decades
of experience in
the banking
business
• Over 2 decades
of experience
across various
industries and
geographies
• Core team
member at IDBI
responsible for
various strategic
initiatives
• Over 2 decades
of experience in
banking
• Worked in
various senior
positions in
Audit and
Finance in India
and overseas
• More than two
decades of
experience in
Banking across
BBL and ING
• Worked across
geographies in
Credit and Risk
function
• Experience in
ING : 5 Years
• Experience in
ING : 6 Years
• Experience in
ING : 7 Years
• Experience in
ING : 4 Years
• Experience in
ING : 8 Years
• Experience in
ING : 6 Years
• Experience in
ING : 10 Years
• Experience in
ING : 4 Years
Retail Banking
(Uday Sareen)
Private Banking
(Samir Bimal)
Banking
(Janak Desai)
(J M Prasad)(Meenakshi A)
Officer
(Jayant Mehrotra)
(Ashok Rao) (Jan Van Wellen)
Executive
(MSR Manjunatha)
• Previously was
working as an
advisor to the
Managing
Director of PT
Bank
Indomonex,
Jakarta,
Indonesia.
• Experience in
ING : 13 Years
24. Strong Pedigree of Investors
• ING is a global financial institution of Dutch origin offering banking, investments, life insurance
and retirement services
• Customer base of ~80 million private, corporate and institutional customers spread across
Europe, North and Latin America, Asia and Australia
• Key statistics * – Total Income – € 56 Bn, Total Assets – € 1.3 Trn, AuM – € 322 Bn, Employees
– 97,043
• With the financial backing of its largest shareholder, ING Vysya Bank can leverage the ING
Groep NV’s relationship for its:
- Deep understanding of the industry across markets
- Product knowledge and domain expertise
ING Groep NV
ING VYSYA BANK LIMITED 24
- Product knowledge and domain expertise
- Access to global clients
- Presence across other BFSI verticals to allow cross selling opportunities
IVBL
Shareholding
pattern #
# As on 30th June’12
* As of Dec 31 2011 Annual Report
ING, 44%
Foreign
Holding,
26%
Public, 14%
Domestic
Institutions,
14%
Private
Corporates,
2%
26. Focused Asset
growth engines
Retail: Focus primarily on growth in Business Banking/SME, Mortgages and selective focus on Gold Loans,
Personal Loans and Commercial Vehicles
Wholesale: Leverage ING Global relationships to service domestic clients, deepen relationships with large Indian
corporate and greater support and co-ordination with International Clients Group. Grow the share of Emerging
Corporates (EC) in the local currency balance sheet
Increase low cost
Retail: Deepen customer relationships with products servicing multiple target segments including a strategic push on
Current Account of the Business Banking/SME customer
Retail: Continue to grow footprint in Northern and Western parts of the country, while consolidating in the South
Derive value from investments made in branch expansion and continue to drive efficiency and productivity of
existing network
Focused efforts to further scale retail fee engine – Wealth Management, Trade & Forex, Asset related fees
Wholesale: Leverage network to grow transaction banking platform to meet client needs
Improve the systems within EC business
Private Banking : Tapping into the existing clients of the bank for cross-sell/up-sell
Build a strong bench of client facing team (quality, critical team size)
Grow and
leverage the
distribution
franchise
Business Strategy – Grow ahead of Market with better asset quality
ING VYSYA BANK LIMITED 26
Increase low cost
liabilities and
better margin
products
Current Account of the Business Banking/SME customer
Focus on operating account for corporate/salaried segment
Wholesale: Increase the share of EC in local balance sheet
Increase penetration of fees products such as DCM, PCM ,FM and CF
Selectively look at structured financing
Enhance
operating
efficiency
Retail: Increase overall profitability both from legacy network and growing footprint
Continuous improvement in technology platform for cost efficient & customer centric model
Increase per branch productivity closer to best in class
Wholesale: Increase the share of customer wallet through new product introductions and deepen existing
relationships
Focus on portfolio churning
Private Banking : Enhance the advice and service delivery platform with help of technology, collaterals and marketing
Reposition as
ING in select
markets
To position as bank of choice to chosen customer segments
Migrate global best practices and knowledge
Continue investment in the brand as we expand footprint outside South India
Private Banking : Tapping new markets : NRIs in Asia, Middle East using referral arrangements, ING brand
27. 1
Enhancing Brand Awareness
ING VYSYA BANK LIMITED
2 3
1&2 - Snapshots of the outdoor campaign promoting the
bank’s Fixed Deposit products.
3 – Awards received at the 2012 IPE-BFSI Awards - Best
Admired service (ING Multicurrency Forex card) and Best
Support Service (Net Promoter Score program)
28. Corporate Social Responsibility
Vision: To promote education among underprivileged children in India
Program Coverage: Karnataka, Andhra Pradesh, Maharashtra, Uttar Pradesh,
Andhra Pradesh, Rajasthan, West Bengal, Tamil Nadu and Delhi.
Key Initiatives undertaken during the year
• As part of Education support program for children living in difficult circumstances, a
library was set up by a team of volunteers with 500 books, three cupboards and
record-keeping registers for one of our partner organisations in Bangalore
• Learning on Wheels,an initiative to raise awareness on environment friendly behavior,
scientific reasoning for daily life and door-to-door elementary education for girl
children in rural UP has covered 30 villages and 400 children
• An audio-visual on importance of savings was used to train 1000 children and 250
women to inculcate savings habit among them by a team of 30 volunteers from ING
Vysya Bank . The team would continue to focus on the training of these women further
ING VYSYA BANK LIMITED
Vysya Bank . The team would continue to focus on the training of these women further
on the subject
• 200 Eco-friendly smokeless chulha’s were installed in the villages of Bandipur for tribal
households, planted 600 saplings in the foothills of Nandi Hills, and built a catchment
area for a village in Bandipur for rain water harvesting
• Continuing its energy conservation agenda, ING Vysya Bank launched an online game
Switch Off and Save for promoting awareness on Earth Hour on 31 March 2012. 5,732
employees pledged their support by playing this game online
• ING Vysya Bank Ltd won the First prize for “Achievemnets In Energy Conversation
for the year 2010-2011” from the Government of Karnataka under the category
“Office Building Sector” as a result of steps taken by the bank that yielded around 13%
savings in terms of energy costs due to innovative energy management techniques
• 4000 employees, across 230 branches, 50 locations in India had volunteered on the
‘ING Global Challenge – Chances for Children’, celebrated in the month of November
2011
28
30. Profit & Loss RsRsRsRs Mn
Q1-13 FY 11-12 FY 10-11 FY 09-10 FY 08-09 FY 07-08 FY 06-07 FY 05-06
CAGR
FY 06-12
Net Interest Income 3,433 12,083 10,065 8,298 6,496 4,984 4,456 4,063 20%
Other Income 1,710 6,698 6,550 5,895 5,477 3,982 2,522 2,110 21%
Total Income 5,142 18,781 16,615 14,193 11,973 8,966 6,978 6,172 20%
Staff expenses 1,768 6,510 6,057 4,289 3,922 3,024 2,272 2,250 19%
Other Expenses 1,200 4,592 4,204 3,793 3,802 3,071 2,778 2,895 8%
Total Expenses 2,967 11,102 10,260 8,081 7,725 6,095 5,050 5,146 14%
ING VYSYA BANK LIMITED 30
Financials are on a standalone basis and prior year data is restated/re-classified for comparison purposes
Total Expenses 2,967 11,102 10,260 8,081 7,725 6,095 5,050 5,146 14%
Operating Profit 2,175 7,679 6,355 6,112 4,248 2,871 1,928 1,027 40%
Exceptional Items 307 204 335
Op Profit after
Excep. Items
2,175 7,679 6,355 6,420 4,248 3,075 2,263 1,027 40%
Provisions 267 1,137 1,516 2,704 1,302 560 987 812 6%
Profit before tax 1,908 6,542 4,839 3,715 2,947 2,515 1,276 215 77%
Taxes 607 1,979 1,652 1,293 1,059 945 387 125 59%
Net Profit 1,301 4,563 3,186 2,422 1,888 1,569 889 91 92%
31. Key Ratios
Q1-13 FY 11-12 FY 10-11 FY 09-10 FY 08-09 FY 07-08 FY 06-07 FY 05-06
Net Interest Margin 3.29% 3.30% 3.25% 3.21% 2.84% 2.77% 2.79% 2.73%
Yield on Advances 12.00% 11.53% 10.05% 10.53% 11.48% 10.49% 9.33% 8.78%
Cost of Deposits 7.53% 6.99% 5.25% 5.33% 6.83% 6.28% 5.27% 4.87%
Cost Income Ratio 57.70% 59.11% 61.75% 55.73% 64.52% 66.47% 69.05% 83.36%
Return on Assets 1.11% 1.09% 0.89% 0.80% 0.70% 0.74% 0.52% 0.05%
Return on Equity 12.93% 12.73% 12.83% 11.81% 11.63% 12.03% 8.34% 0.90%
ING VYSYA BANK LIMITED 31
Financials are on a standalone basis and prior year data is restated/re-classified for comparison purposes
* Capital Adequacy Ratio up to FY 07-08 as per Basel-I
CASA Ratio 33.27% 34.23% 34.64% 32.58% 26.97% 31.54% 28.91% 27.01%
Credit-Deposit Ratio 81.58% 81.65% 78.17% 71.55% 67.32% 71.47% 77.67% 76.73%
Gross NPA Ratio 1.97% 1.92% 2.30% 2.96% 1.86% 1.38% 2.55% 4.09%
Net NPA Ratio 0.19% 0.18% 0.39% 1.20% 1.20% 0.70% 0.95% 1.76%
Provision Cover 90.41% 90.67% 83.41% 60.19% 36.01% 49.19% 63.32% 57.79%
Capital Adequacy Ratio* 13.35% 14.00% 12.94% 14.91% 11.65% 10.20% 10.56% 10.67%
32. Disclaimer
Certain statements in these slides are forward-looking statements. These statements are based on management’s current
expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those
included in these statements due to a variety of factors.
All financial and other information in these slides, is on an unconsolidated basis for ING Vysya Bank Limited only unless
specifically stated to be on a consolidated basis for ING Vysya Bank Limited and its subsidiaries. Please also refer to the
statement of financial and segmental results required by Indian regulations that has been filed with the stock exchanges in
India and is available in our website www.ingvysyabank.com. This presentation may not be all inclusive and may not contain all
of the information that you may consider material.
ING VYSYA BANK LIMITED 32
33. ING VYSYA BANK LIMITED 3333
For further information please contact : investor.relations@ingvysyabank.com
