Questions across 5 calls

Ashok Ajmera

Ajcon Global Services Limited

Central Bank of India

Central Bank of India CC-Oct25.pdf · 2025-10-17

Thanks for this opportunity and I would rather say sir welcome to Kalyan Kumar ji to Central Bank of India.

And congratulations to the team. And sir after having come from such a large bank as Sushil also told about your Union bank stint and then in Punjab National Bank, PNB and they are also handling the corporate credit in a big way. My first question will be or rather you have already explained to some extent because if you look at this quarter's results you know like the operating profit has gone down tremendously. I can understand that it is on account of the not having the proper income from the treasury operation which has been you know down from Rs. 664 crore to Rs. 186 crore in this quarter from the last quarter. But even if the indirect benefits of the treasury is there like what Mukul ji was explaining ultimately it should reflect in your operating profit and to me it should com e from the core interest income a nd for that you should have a strong corporate book too. So, where I am coming from is your experience of the corporate and now corporate book in Central Bank has been going down substantially to almost 28%, 29% only. How long you can rely on RAM? And then the margin squeeze and other things. So first your views, you said over a period of t ime you would try to make it 65: 35. But can I know a little bit of nitty -gritty of it that immediately after now maybe you having taken the charge recently what are your plans to strengthen the , because in Central Bank now we are seeing last few quarters the credit is good.

Central Bank of India CC-Sep24.pdf · 2024-10-17

Thank you for giving me this opportunity. And complements to Rao sir and the entire team of the Central Bank of India for yet another very good quarter of a good set of numbers. I think, profitability in the recent times and consecutive profitability for last, I think 14 quarters also. Having said that, I got a few observations and some concerns which needs to be addressed. So sir my first is on the advances growth, the credit growth. So I think there the growth is absolutely muted as against INR251,000 crores in the March now it is INR252,000 crores if you take the entire 6 months as on today and I mean the similar story in the net credit also. So credit wise there is hardly any growth? So first is tha t how do we plan to achieve our targeted credit growth in the financial year now 2025? Based on the sanctioned pipeline and the projects and applications under sanction and processes and what is your target for that? And how do we plan to achieve the same. So that is my first question which are on the credit growth the business growth.

Okay. So now going forward, the entire FY '25 financial year where do we see the credit growth in percentage terms vis-a-vis the March '24?

Central Bank of India CC-Sep23.pdf · 2023-10-21

Thank you for giving this opportunity and congratulations Rao sir and team for the quarterly profit of Rs.605 Crores. With this profit there are some couple of questions and some clarifications. This profit has come on the back of reversal of the provision like the provision is only Rs.967 Crores whereas NPA provision has gone up to Rs.1928 Crores and the tax is also I think as compared to Rs.606 Crores of last quarter. It is only Rs.42 Crores write back so because of this the profit is Rs.605 Crores if I am right, so some clarification on this that how did we number one arrive at this provision reversal, which are the components of it and tax credit in this quarter, the half year net to net is only about Rs.560 Crores so for the going forward for the whole year whether the scenario is going to be the same in the light of defer red tax assets of Rs.5235 Crores this is my first question?

What is the aggregate amount there Rs.2000 Crores?

Union Bank of India

Union Bank of India CC-Sep24.pdf · 2024-10-22

Ma’am, compliments to you, especially as regard to the profitability of the Bank is concerned. You are very, very conscious about it and quarter after quarter you are declaring a very good profit. So, my compliments to the entire team and you for the same. I think our profit after tax has come up to almost Rs. 4,700 crore. I think one of the highest quarterly profit. Having said that, ma’am, I have got some questions, your comments, and maybe my concern on especially the business growth. So, while you say that year -on-year, I mean, if you take the whole year, then it’s okay, 9%, 7%, that’s okay. But if you look at the current half year of FY ‘25, our deposit has grown only by 1.67%, then our credit has grown only by 2.5%. So, especially on the credit side, if you look at it, if you take your target of 13%, which means about Rs. 1,17,000 crores in this financial year should be, whereas the total credit expansion is only Rs. 23,947 crores. It means in the remaining 6 months, starting from October to March now, you will have to have the credit increased by about Rs. 93,000 crores. Similar story on deposit side also. So, how confident and sure you are that in almost the remaining 5 months now, 1 month of course you must have done some business , Rs. 93,000 crores is not a small amount. So, how do you see t he visibility from the sanction pipeline, from the new proposals which are coming in, which are in the sanctioning stage and the proposals which were sanctioned are already in the disbursement stage ? So, can you give some little more detailed break up on this, how are we going to achieve this Rs. 93,000 crores credit? This is a very, very important point to take time forward.

Thank you, ma’am, for such an elaborate answer and I am sure with you being there all the time, you have been performing better than the targets and this year also, you may do some magic to reach that figure of the credit and deposit both. Having said that, ma ’am, while we are comfortable on the, I think, recovery front, target of Rs. 16,000 crores, we have already achieved Rs.7,300 crores. So, we are more or less there. But on the slippage front, out of Rs. 11,500 crores of target for FY ‘25, we have already, I think, slipped about Rs. 7,537 crores. And we have a very strong SMA pipeline, in a sense that lot of these accounts, SMA-2 is also Rs. 1,664 crores. So, going forward, on the slippages front, are we comfortable? I mean, our slippages in the coming 6 mon ths now, the remaining 6 months will not be more than Rs. 4,500 crores or Rs. 4,000 crores, so as to meet the target of, I mean, to be limited to the target of Rs. 11,500 crores. And coupled with that, one more question, ma’am, because I may not be allowed to ask in this round the question. If you look at note no. 20, in the last June quarter, we said that we have made the additional provision on prudential basis on advances of Rs. 1,239 crores, which has come down in this quarter to Rs. 553.93 crores. So, in fact, we have written back an additional prudential provision of Rs. 685 crores in this quarter. So, had that not been there, our NPA provision would have gone up . So, it means it would have been Rs. 3,200 crores. So, what is this mystery? I mean, why have we reduced this provision, which was already made in June 2024, of Rs. 1,239 crores, now reduced to Rs. 553 crores?

Bank of Maharashtra

Bank of Maharashtra CC-Sep24.pdf · 2024-10-15

Sir, compliments to you and to the entire team of Bank of Maharashtra. Not only for the good set of numbers, but also recently celebrating your 90th Foundation Day, where the Chief Guest was the Finance Minister, Nirmala Sitharaman -ji. She spoke very nice words about the bank. The second compliment is for you recently successfully raising INR 3,500 crore of equity, which is, I think, the fourth largest, I mean, the largest in the fourth QIPs, which you have done in last 5-6 years. So my compliments to you sir. Having said that, sir, most of the questions have already been answe red in this long discussion by various colleagues. I have little concern or maybe I need your feedback on the overall business growth, because if you see at a credit growth also if you don't annualize it, just look at the current financial year 6 months, our advances have gone up by only 6.80% and our deposits have gone up by only 2%, and 6 months have passed. Even though you are comfortable on capital adequacy and you raised the capital also, but ultimately, the bank needs to grow its business. And as for the past glory of the bank, where you used to be 25 -plus, 20-plus percentage, what is the strategy now goin g forward? What do you think your target's going to be for the credit and deposit, sir, for the bank?

Sir, I mean, with this kind of maintaining of targets for the credit also and deposit also. For credit, if you look at it in order to meet the target of, whatever, 18%, 20% or 17%, 18%, you need to disburse the credit of almost about, I think, INR 25,000 crore just in the coming in 5, 6 months, which is left in this financial year. So what is our pipeline of the sanctioned amount as well as the advanced stage of sanctioning so that we can be sure of this INR 25,000 crore, INR 26,000 crore credit dispersion in the remaining 5-6 months?