365telugu.com online news,National,february 5th, 2021:All Branches of both eOBC and eUNI’s Finacle system (CBS) Upgraded from Finacle 7 to Finacle 10 and Integrated. More than 18 Crore Customers of PNB 2.0 now on same Platform.Net Profit at Rs. 506 Crore during Q3 FY21.Gross Global Business reached
Rs. 18,09,587 Crore & Global NIM improved to 3.09 % in Q3FY21.
KEY HIGHLIGHTS
*Global Business of the Bank at Rs. 18,09,587 Crore as on Dec’20 against Rs. 17,90,640 in Dec’19 with a Y-o-Y growth of 1.1%.
* Global Deposit of the Bank at Rs. 10,82,156 Crore as on Dec’20 against Rs. 10,74,157 in Dec’19 with a Y-o-Y growth of 0.7 %.
*Domestic CASA Share improved by 277 bps on Y-o-Y basis to 44.66 % in Dec’20. CASA Deposits grew by 6.4 % on Y-o-Y basis to Rs. 4,70,282 Crore in Dec’20.
*Savings Deposit grew by 8.4 % on Y-o-Y basis to Rs. 3,99,418 Crore as on Dec’20.
* Gross Global Credit was at Rs. 7,27,432 Crore as on Dec’20 against Rs. 7,16,483 Crore in Dec’19 with a Y-o-Y growth of 1.5 %.
* Housing loan grew by 6.5 % on Y-o-Y basis to Rs. 83071 Crore in Dec’20.
*CRAR as per Basel III increased to 13.88 % in Dec’20 from 12.84 % in Sept’20.
*Operating Profit grew by 13.9 % on Y-o-Y basis to Rs. 6391 Crore in Q3 FY’21.
* Net Profit for the quarter is at Rs. 506 Crore as on Dec’20 as against Rs 621 crore as onSept’20.
*Global NIM increased to 3.09 % in Q3FY21 against 2.49% in Q3FY20.
* Cost to Income Ratio improved QoQ to 43.38% in Q3FY21 from 47.87% in Q2FY21.
* Global Cost of Deposits declined to 4.23% in Q3FY21 from 4.48% in Q2FY21.
*GNPA ratio at 12.99 % in Dec’20 declined by 44 bps from 13.43 % in Sep’20.
*NNPA ratio at 4.03 % in Dec’20 declined by 72 bps from 4.75 % in Sep’20.
*Provision Coverage Ratio (PCR) including TWO improved by 216 bps to 85.16 % as on Dec’20 from 83.00 % as on Sep’20.
Business Performance in Key Parameters (as on 31.12.2020)
❖ Domestic Deposits stood at Rs. 10,52,844 Crore as at the end of Dec’20 as against Rs. 10,55,306
Crore in Dec’19.
❖ Domestic Advances stood at Rs. 7,04,979 Crore as at the end of Dec’20 as against Rs. 7,00,164
Crore in Dec’19.
❖ Domestic Business stood at Rs. 17,57,823 Crore as at the end of Dec’20 as against Rs. 17,55,470
Crore in Dec’19.
❖ Savings Deposit stood at Rs. 3,99,418 Crore as on Dec’20 and Current Deposit was at Rs 70,864
crore.
Profitability
❖ Net Interest Income grew YoY by 28.0% to Rs 8,313 crore during Q3FY21 and by 22.4% to
Rs 23,539 crore during 9M FY ‘21.
❖ Total Income stood at Rs 23,299 crore during Q3FY21 and at Rs 71,030 crore during 9M FY ‘21.
❖ Total Expenditure declined by 10.9% to Rs 16,908 crore during Q3FY21 and by 5.0% to Rs 53,684
crore during 9M’21.
❖ Operating Profit grew by 7.5% on Y-o-Y basis to Rs. 17,346 Crore in 9M’21.
Efficiency Ratios
❖ Global Yield on Advances was at 7.72% in Q3FY21 against 7.88% in Q3FY20.
❖ Global Cost of Deposits declined to 4.23% in Q3FY21 from 5.19% in Q3FY20 and 4.48% in
Q2FY21.
Priority Sector
❖ Mandated Credit under National Goal achieved by the Bank in all parameters i.e. Priority Sector
40%, Agriculture 18%, Credit to Small and Marginal Farmers 8% and Credit to Weaker Section
10%.
❖ Achievement under Priority sector Credit is 42.4% at Rs. 2,84,122 Crore as on Dec’20.
❖ Achievement under Agriculture is 18.59% at Rs. 1,24,549 Crore as on Dec’20.
❖ Credit to Small and Marginal farmers target is 8.01% at Rs. 53,623 Crore as on Dec’20.
❖ Achievement under Credit to Weaker Sections is 11.04% at Rs. 73,933 Crore as on Dec’20.
Asset Quality
❖ Gross Non Performing Assets (GNPA) has declined to Rs. 94479 Crore as on Dec’20 from
Rs. 96314 Crore as on Sep’20.
❖ Net Non Performing Assets (NNPA) has declined to Rs. 26598 Crore as on Dec’20 from
Rs. 30920 Crore as on Sep’20.
❖ Provision Coverage Ratio (PCR) excluding TWO improved to 71.85% as on Dec’20 from 67.90%
as on Sep’20 and 58.25% on Dec’19. Credit Cost stood at 2.05% in Dec’20.
Capital Adequacy
❖ CRAR as on December, 2020 improved to 13.88%. Out of which, Tier-I CRAR is 10.90%, CET-I is
10.12% and Tier-II CRAR is 2.98% as on Dec’20.
*Bank has raised Rs. 3,000 Crore Capital through Tier-II Bonds during Q3 FY 21.
*Bank has raised Capital through AT 1 bonds of Rs. 495 crore in Jan’ 2021.
Digitalization
❖ Mobile Banking users crossed 96 lakh and Internet Banking users crossed 250 Lakh.
UPI transactions increased YoY by 23% to 70.18 Crore.
❖ POS installed increased YoY by 31% to 1,09,266.
❖ Bharat/BHIM QR Code installed increased to 4,53,859.
Financial Inclusion
❖ Amount mobilized under Pradhan Mantri Jan Dhan Yojana stood as below:
Particulars As on 31.12.2020
Accounts opened under PMJDY (No. in
Lakh) 394
Amount mobilized (Average Balance – Amt
in Rs.) 4021
❖ Enrollment under PMJJBY, PMSBY & APY:-
(No. in Lakh)
JANSURAKSHA SCHEME ENROLLMENT UP TO DEC’20
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) 33.1
Pradhan Mantri Suraksha Bima Yojana (PMSBY) 147.8
Atal Pension Yojana (APY) 13.9
Distribution Network
❖ 10925 branches (1967 Metro, 2294 Urban, 2742 Semi-Urban & 3922 Rural). 2 Overseas branches
at Hong Kong and Dubai.
13914 ATMs.
12346 BCs.
Amalgamation Update
Integration of all major applications/systems like CBS, ATM switch, Internet Banking, Mobile Banking has
been successfully completed.
❖ 174 surround applications have been made live.
❖ Payment system integration of NEFT/RTGS, IMPS, UPI, NACH/ECS, BHIM has been completed.
❖ Best fit digital solutions of PNB, e-OBC and e-UNI rolled out to all bank customers upon migration:
Internet Banking (Retail & Corporate), PNB One, UPI, PIHU, M- Passbook, Tab Banking.
New Delhi Date: 05-02-2021
Awards and Accolades
❖ ET-BFSI Excellence Awards 2020- Most Innovative Public Sector Bank of the Year.
❖ IBA Banking Technology Award 2020 – Winner of the Most Innovative Project Using Technology
- PNBOne
❖ DSCI Excellence Award 2020 under the Category “Security Leader of the Year Banking”
❖ IBA Banking Technology Awards 2020 – Runner Up in Best Use of Data and Analytics for
Business Outcome in Large Bank Category
Social Media Presence of the Bank: (No. of Followers)
❖Facebook: 9,85,945 (https://www.facebook.com/pnbindia/)
❖Twitter: 1,77,946 (https://twitter.com/pnbindia)
❖LinkedIn: 67,292(https://in.linkedin.com/company/pnbindia)
❖Instagram: 57,399 (https://www.instagram.com/pnbindia/)
❖Youtube: 47,993 (https://www.youtube.com/pnbindia)
Note: Oriental Bank of Commerce & United Bank of India have been amalgamated with Punjab National Bank w.e.f 01.04.2020.
Accordingly financials as on December 2019 & March 2020 are combined figures of three banks. The combined financials have
been arrived by aggregation of numbers.