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Financial Results Q3FY20/9MFY20
Please follow us on:
@unionbankofindia @UnionBank Tweets UnionBankInsta UnionBankofIndiaUtube UnionBankofIndia
February 10, 2020
Table of Contents
2
Business Performance1
Financials2
Digital Banking4
Strategic Initiatives - Outcome3
Group Entities5
3
Performance Highlight – Q3FY20
Key Ratios
Improving Asset QualityCapital Adequacy (Basel III)
Key Parameters (YoY Growth)
Total Deposit
Rs. 445091 cr
Gross Advance
Rs. 336064 cr
Total Business
Rs. 781155 cr
Net Profit
Rs. 575 cr
RONW
7.90%
CRAR
14.71%
NNPA
6.99%
Dec-18 Mar-19 Sep-19 Dec-19
399627413099
439444 441550
2670
2816
3435 3541
Total Deposit
Domestic deposit Overseas deposit
402297415915
442879 445091
4
Business Performance - Liabilities
Dec-18 Mar-19 Sep-19 Dec-19
23851 26513 24452 25694
119156 123628 125380 127421
CASA Portfolio
Current Deposit Savings Deposit
143007 150141 149832 153115
CASA(%)
(` crore)
10.6 % YOY
7.1 %
YOY
10.5%
YOY
35.5% 36.1% 33.8% 34.4%
34.7% 34.7% 34.2% 34.1%
Avg.
CASA%
76.3
23.7
CASA+Retail TD as % of Total Domestic Deposit as of Dec-2019
CASA+RTD(< 2 crore) Term Deposit(=>2 crore)
6.9 %
YOY
5
Business Performance - Assets
Dec-18 Mar-19 Sep-19 Dec-19
303330 310932 309449 316908
1418314460 17608
19156
Gross Advances
Overseas advances Domestic Advances
(` crore)
5.8 %
YOY
Dec-18 Mar-19 Sep-19 Dec-19
56524 57092 5933562186
Retail
Dec-18 Mar-19 Sep-19 Dec-19
4725748971 48206
49117
Agriculture
Dec-18 Mar-19 Sep-19 Dec-19
66147 67174 68888 69685
MSME10.0% YOY 3.9% YOY 5.3% YOY
4.5 %
YOY
317513325392 327057 336064
46.2%
14.6%
18.5%
20.7%
Proportion of Gross Advance -Dec19
Corporate & Others Agriculture Retail MSME
6
Diversified Loan Portfolio - RAM
Dec-18 Mar-19 Sep-19 Dec-19
56.055.7
57.0 57.1
RAM* share (%) in Domestic advances
46.7
7.15.8
7.6
3.7
29.1
Retail
Home Vehicle
Education Mortgage
Personal Others (incl. HFC+Staff loans)*Retail, Agriculture and MSME collectively called as “RAM sector”
7
Diversified Loan Portfolio - RAM
62 63 64 63
38 37 36 37
Dec-18 Mar-19 Sep-19 Dec - 19
Composition of Agri loan book(%)
Small & Marginal Other Agri
34 34 34 34
42 41 40 42
24 25 26 24
Dec-18 Mar-19 Sep-19 Dec - 19
Composition of MSME loan book(%)
Micro Small Medium
76% of
MSME
portfolio is
MSE
More than
63% of Agri.
portfolio is
for Small &
Marginal
farmers
8
Diversified Loan Portfolio-Industry Exposure
S No. Sectors
Top Sector Exposure
(% Share in Domestic Advance)
Sep-19 Dec-19
` Crore % Share ` Crore % Share
1 Infrastructure 53367 17.2 52270 16.5
2 NBFCs and HFCs 43747 14.1 46687 14.7
w/w HFCs 14491 4.7 17081 5.4
3 Trade 37329 12.1 38909 12.3
4 Basic Metal Products 12134 3.9 11189 3.5
5 Construction 10864 3.5 10126 3.2
6 Food Processing 9575 3.1 10668 3.4
7 Textiles 7056 2.3 7115 2.3
8 All Engineering 5417 1.8 5668 1.8
Total 179489 58.0 182632 57.6
9
NBFC Portfolio
Total FB O/s NBFCs –46687 cr
w/w HFCs – 17081 cr
94.00%
6.00%
Standard Asset NPA
17.27%
82.73%
Comapnies Backed by Govt/PSUs
Pvt Sector Companies
Quality of Standard Assets-NBFC
96.1 99.1
3.0 0.7
0.9 0.3
NBFC (excl HFC) HFC
% of Std advances - Rating wise (Dec-19)
A & Above BBB Below BBB
NBFC Asset Quality
10
Investments
Particulars (Domestic) Sep 2019 Dec 2019Duration
(Years)
(` Crore) (` Crore) Sep-19 Dec-19
Available for Sale 59445 50765 2.74 3.22
W/w SLR 37641 29879 2.74 3.40
NON SLR 21804 20886 2.72 2.87
Dec-18 Mar-19 Sep-19 Dec-19
74 75 73 73
26 25 27 27
Non-SLR(%) SLR(%)
Global Investment (` Crore)
121289 126432 170781 162598
11
Overseas Operations
Business from Overseas Operations
US $ in billion
(` crore)
Dec
2018
Sep
2019
Dec
2019
Growth (%)
Y-o-Y
(US$)
Y-o-Y
(INR)
Total Business2.4
(16853)
2.9
(21043)
3.2
(22697)33.3 34.7
Total Deposits0.4
(2670)
0.4
(3435)
0.5
(3541)25.0 32.6
Total Advances2.0
(14183)
2.4
(17608)
2.68
(19156)34.0 35.1
*1US$ = ` 69.775 as on Dec 31, 2018
#1US$ = ` 71.385 as on Dec 31, 2019
12
Financial Inclusion
94
98
107110
Dec-18 Mar-19 Sep-19 Dec-19
Total PMJDY Accounts(no. in Lacs)
2111
2404 2453
2665
Dec-18 Mar-19 Sep-19 Dec-19
Balance in PMJDY A/Cs(Rs. in Crs)
0.230.81
0.47 0.470.62
5.18
2.19 2.07
0.46 0.47 0.6 0.51
Dec-18 Mar-19 Sep-19 Dec-19
Micro Insurance & APY - Fresh Enrolments (In Lacs)
PMJJY PMSBY APY
Terminal Figures –
Dec 19 (in Lacs)
• PMJJBY – 14.63
• PMSBY – 39.51
• APY – 6.32
13
Progress under Government Initiatives
Progress under Mudra Yojana April to December 2019 (PMMY)
CategoryNo. of
Accounts
Sanctioned Amount
(` crore)
Outstanding Amount
(` crore)
Shishu (< 50k) 44232 86 62
Kishor (Above 50k-5 Lacs) 71325 1523 1263
Tarun (Above 5 Lacs-10 Lacs) 13617 1063 865
Total 129174 2672 2190
Total outstanding under Mudra loan: ` 7393 crore
Key Highlights of performance in TReDS
Crossed `1000 cr. of bill discounting on Nov
06, 2019
Total bill discounting upto Dec-2019 stood at ` 1223.96 cr.
Presence in all 3 TReDS platforms
Key Highlights of
performance under
psbloansin59minutes.com
Since inception upto Dec
2019, total 5887 applications
have been sanctioned
aggregating to ` 2692.31 cr.
Total applications
sanctioned to total received
during Q3FY20 stood at
68.21%
14
As at
31.12.18
As at
31.03.19
As at
30.09.19
As at
31.12.19
Growth (%)
Y-o-Y Q-o-Q
LIABILITIES
Capital 1169 1763 1763 3423 193% 94%
Reserves and surplus 24390 24724 23635 34241 40% 45%
Share application 0 0 11768 0 -- --
Deposits 402297 415915 442879 445091 11% 0%
Borrowings 38528 42864 40691 36572 -5% -10%
Other Liabilities and Provisions 8824 8773 11260 10625 20% -6%
Total 475208 494039 531996 529951 12% -0.4%
ASSETS
Cash and Balances with Reserve Bank of India 18399 20796 20090 21104 15% 5%
Balances with Banks and Money at call and
Short Notice 19911 22250 17034 13501 -32% -21%
Investments 118922 126047 168714 160266 35% -5%
Advances 291890 296932 297914 307566 5% 3%
Fixed Assets 3702 3762 3763 3727 1% -1%
Other Assets 22383 24252 24481 23787 6% -3%
Total 475208 494039 531996 529951 12% -0.4%
Statement of Assets & Liabilities
(` crore)
Table of Contents
15
Digital Banking4
Strategic Initiatives - Outcome3
Group Entities5
Business Performance1
Financials2
16
Cost & Yield Ratio
Parameters Dec-18 (Q3) Sep-19 (Q2) Dec-19 (Q3) Dec-18 (9M) Dec-19 (9M)
Domestic Global Domestic Global Domestic Global Domestic Global Domestic Global
Cost of Deposit 5.61 5.59 5.68 5.66 5.55 5.53 5.56 5.54 5.62 5.60
Cost of Funds 4.95 4.87 4.79 4.76 4.75 4.69 4.94 4.85 4.84 4.80
Yield on
Advances 7.93 7.75 8.10 7.89 8.25 8.01 8.02 7.79 8.11 7.90
Yield on
Investment 7.23 7.13 7.08 7.03 6.79 6.73 7.09 7.01 6.91 6.86
Yield on Funds 6.98 6.89 7.00 6.89 7.08 6.95 7.01 6.89 7.02 6.92
17
Movement of NIM
Dec-18 Mar-19 Sep-19 Dec-19
2.232.38 2.44
2.55
2.23 2.272.35
2.47
NIM Quarterly(on Avg. Earning Assets)
NIM Domestic NIM Global
Dec-18 Mar-19 Sep-19 Dec-19
2.51 2.54 2.61 2.74
NIM Quarterly(on AEA excl.GNPA)
Global
9M FY 2019 9MFY 2020
2.25 2.392.22 2.32
NIM (9M)(on Avg. Earning Assets)
NIM Domestic NIM Global
9M FY 2019 9M FY 2020
2.49
2.58
NIM (9M)(on AEA excl.GNPA)
Global
18
Net Interest Income
Dec-18 Mar-19 Sep-19 Dec-19
2493 2602 29063134
Quarterly(` crore)
9M FY 2019 9M FY 2020
7613 8559
9M
25.7% YoY
12.42% YoY
19
Operating Revenues
ParametersDec-18
(Q3)
Mar-19
(Q4)
Sep-19
(Q2)
Dec-19
(Q3)
Growth
(%)
YoY
Growth
(%)
QoQ
9M
FY 19
9M
FY 20
Growth
(%)
Interest Income 8477 8349 9414 9630 13.60 2.29 25717 27942 8.65
Interest Expense 5984 5748 6508 6496 8.56 -0.18 18104 19383 7.07
Net Interest Income 2493 2602 2906 3134 25.70 7.83 7613 8559 12.42
Non-Interest Income 1095 1272 1142 1112 1.53 -2.61 3202 3243 1.29
Total Income 9572 9621 10556 10741 12.22 1.76 28919 31185 7.84
Operating Expenses 1778 2143 1809 1843 3.65 1.90 5024 5273 4.95
Total Expenses 7762 7891 8316 8339 7.44 0.28 23128 24656 6.61
20
Non Interest Income
ParametersDec-18
(Q3)
Mar-19
(Q4)
Sep-19
(Q2)
Dec-19
(Q3)
Growth
(%)
YoY
Growth
(%)
QoQ
9M
FY 19
9M
FY 20
Growth
(%)
a. Core Non Interest Income 660 867 605 648 -1.79 7.13 2009 1753 -12.74
b. Treasury Income 191 266 379 135 -29.30 -64.35 632 860 35.94
W/w
Profit on Sale of
Investments
110 188 292 82 -24.88 -71.79 385 630 63.51
Exchange Profit 81 78 87 53 -35.25 -39.33 247 230 -7.03
c. Recovery in Written off
Accounts244 138 158 328 34.45 106.85 561 631 12.39
Total 1095 1271 1143 1112 1.47 -2.76 3202 3243 1.27
21
Operating Profit
1810 1730
2240 2402
Dec-18 Mar-19 Sep-19 Dec-19
Operating Profit(Quarterly)(` crore)
5791
6528
9M FY 2019 9MFY 2020
Operating Profit (9 Months)
32.71% YoY
12.74% YoY
22
Provisions
(` crore)
ParametersDec-18 Mar-19 Sep-19 Dec-19
9M
FY19
9M
FY20(Q3) (Q4) (Q2) (Q3)
NPAs 2139 5783 3328 1570 5652 6329
Standard Assets 71 21 570 -255 116 217
Depreciation on Investment -551 -26 -91 265 -378 253
Shifting Loss 0 0 0 0 411 4
Restructured Advances 0 -102 -21 -26 -254 -22
Others (FITL etc) 18 91 74 265 134 416
Taxation -20 -667 -425 8 -312 -274
Total 1657 5100 3434 1827 5369 6923
23
Net Profit
153
-3370-1194
575
Dec-18 Mar-19 Sep-19 Dec-19
Net profit(Quarterly) (` crore)
422
-395
9M FY 2019 9MFY 2020
Net Profit(9M)
Dec-18 (Q3)
Mar-19 (Q4)
Sep-19 (Q2)
Dec-19 (Q3)
9M FY 19
9M FY20
49.6
55.3
44.7 43.4 46.544.7
Cost to Income(%)
24
Efficiency/Profitability Ratios
S.
No. Efficiency Parameters
Dec-18
(Q3)
Mar-19
(Q4)
Sep-19
(Q2)
Dec-19
(Q3)
9M
FY 2019
9M
FY 2020
1 Return on Equity* (%) 3.48 -71.21 -16.54 7.84 3.20 -1.79
2 Book Value Per Share 150.52 107.36 96.94 85.67 150.52 85.67
3 Earnings per share 5.24 -28.19 -27.08 9.82 4.81 -2.69
*Annualized
0.12
-2.71-0.87
0.41
0.11
-0.10
Dec-18 (Q3)
Mar-19 (Q4)
Sep-19 (Q2)
Dec-19 (Q3)
9M FY 19 9M FY20
Return on Avg. Assets (%)
25
Efficiency Ratios
Sn. Profitability Parameters Dec-18
(Q3)
Mar-19
(Q4)
Sep-19
(Q2)
Dec-19
(Q3)
9M
FY 19
9M
FY 20
1Business per
Branch` crore 167.71 172.7 179.68 182.30 167.71 182.30
2Business per
employee` crore 19.09 19.9 20.30 20.78 19.09 20.78
3Gross Profit per
Branch ` crore 1.69 1.6 2.09 2.24 1.80 2.03
4Gross Profit per
Employee` lacs 19.21 18.6 23.63 25.56 20.49 23.16
26
Asset Quality: Movement in Non Performing Assets
ParametersDec-18
(Q3)
Mar-19
(Q4)
Sep-19
(Q2)
Dec-19
(Q3)
9M
FY 19
9M
FY 20
Gross NPAs - Opening 50157 49713 48812 49850 49370 48729
Add : Additions 2983 3275 4219 5112 10302 12421
Less: Reductions 3427 4259 3181 5038 9959 11226
1. Recoveries 1287 762 624 2255 3747 3361
2. Up-gradation 510 650 679 582 1288 1549
3. Write Off 1630 2847 1878 2201 4924 6316
Gross NPAs- Closing 49713 48729 49850 49924 49713 49924
Gross NPA (%) 15.66 14.98 15.24 14.86 15.66 14.86
Net NPA 24142 20332 20791 21511 24142 21511
Net NPA (%) 8.27 6.85 6.98 6.99 8.27 6.99
Provision Coverage Ratio (%) 58.84 66.24 67.75 67.42 58.84 67.42
Tangible PCR (%) 51.44 58.27 58.29 56.91 51.44 56.91
Credit Cost (%) 2.69 7.20 4.11 1.89 2.39 2.55
(` crore)
27
Asset Quality: Sectoral
Sectors Slippages During
Q3 FY 20NPAs Dec 2019
Sectoral NPA %
Dec-18 Sep-19 Dec-19
Retail Loans 259 1641 2.23 2.76 2.64
Agriculture 714 5824 7.71 11.32 11.86
Micro & Small (MSE) 1121 7673 12.19 13.4 14.57
Medium & Large 3018 34786 26.22 23.6 22.74
Total 5112 49924 15.66 15.24 14.86
(` crore)
28
Asset Quality: Sectoral
Scheme
Standard as on Sep 2019 Standard as on Dec 2019
AccountAmount
(Rs. in crore)Account
Amount
(Rs. in crore)
5:25 10 2860 10 2860
SDR 1 0* 1 0
S4A 1 12 1 12
S.N. Sector # Outstanding NPA Std. Restructured NPA + Std. Restructured (%)
1 Infrastructure 52270 10214 922 21.30
a. Power 24503 5738 256 24.46
b. Roads 8731 2561 629 36.54
2 Iron & Steel 8873 3448 108 40.08
3 Textiles 7115 2121 34 30.29
*Account is Non-Fund Based
#Domestic
Particulars (percent to Gross Advances) Dec-18 Sep-19 Dec-19
Standard Restructured 0.36 0.50 0.62
Impaired Assets Ratio (GNPA + Standard Res) 16.00 15.70 15.47
Net Impaired Assets Ratio (NNPA + Standard Res) 7.96 6.9 7.01
29
Status of NCLT Accounts
RBI List 1 O/s
Rs. 4318 cr (7 A/c)
RBI List 2 O/s
Rs. 3390 cr (15 A/c)
Others - Admitted
Rs. 17477 cr (173 A/c)
Total
Rs. 25185 cr (195 A/c)
96%83%
68%75%
RBI List I RBI List II Others Total
PCR on NCLT Accounts
30
Basel III : Capital Adequacy
86.0 85.589.2 88.9
57.4 56.3 54.8 56.4
Dec-18 Mar-19 Sep-19 Dec-19
RWA Optimization
RWA to Advance RWA to Assets
9.02 9.4812.83 12.69
7.50 8.02
11.46 11.3511.43 11.78
15.14 14.71
Dec-18 Mar-19 Sep-19 Dec-19
CET-1 Tier I CRAR
31213 32796 44160 43961
Capital fundsRWA
272974 278344 291613 298802
Share Capital ` 3423 crore
No. of Equity Shares ` 342.28 crore
Net Worth ` 29324 crore
Market Cap ` 18757 crore
31
Shareholding Pattern
86.75%
1.38%
6.40%5.47%
December-19
Govt. of India
FIIs
DIIs
Public & others
32
# Domestic Branches (4,282) # ATMS (6686)
Extensive network across India
Overseas branches in Hong Kong, Sydney and Dubai, in addition to representative
office in Abu Dhabi
Operates in the UK through its wholly owned subsidiary, Union Bank of India (UK)
Ltd.
The Bank has 27 extension counters, 59 satellite offices and 48 service branches in
addition to its regular bank branches as of December 31,2019.
Branch Distribution by Urbanization
Branch Distribution by Geography
Geographical diversification minimizes regional risks
59% branches in rural/semi-urban markets
Maharashtra
(505) (1236)
Madhya Pradesh
(288) (486)
Andhra
Pradesh
(187) (209)
Assam
(69) (88)Bihar
(161) (171)
Delhi (95) (230)
Goa
(15) (7)
Gujarat
(270) (394)
Haryana
(110) (125)
Himachal Pradesh
(20) (24)
Jammu & Kashmir
(13) (15)
Jharkhand
(87) (96)
Karnataka
(164) (306)
Kerala
(251) (338)
Odisha
(136) (144)
Rajasthan
(144) (162)
Tamil
Nadu
(237) (380)
Uttarakhand (84) (120)
Uttar Pradesh
(934) (1354)
West Bengal
(185) (373)
Telangana
(82) (123)
Punjab
(140) (140)
Andaman &
Nicobar
(1) (1)
Arunachal Pradesh
(1) (1)
Chandigarh
(10) (20)
Dadra, Nagar
Haveli
(1) (2)
Daman & Diu
(1) (2)
Manipur
(1) (1)
Meghalaya
(5) (5)
Mizoram
(1) (2)
Nagaland
(1) (1)
Pondicherry
(4) (6)
Sikkim
(8) (7)
Tripura
(7) (10)
Extensive & specialized distribution network
RURAL29%
SEMI-URBAN
30%
URBAN20%
METRO21%
Central32%
Eastern13%
N. Eastern2%
Northern12%
Southern22%
Western19%
# Micro-ATMS (5586)
Table of Contents
33
Digital Banking4
Financials2
Group Entities5
Business Performance1
Strategic Initiatives - Outcome3
34
Strategic Initiatives - Outcome
68
28
9277
Retail Agriculture LC & MSME Total
% of credit proposals underwritten at CPCs
Dec-19
Structural Development: Creation of Centralized Processing Centres (CPCs)
Centralization in credit appraisals
Particular
s
No of Units
(Mar-19)
No. of Units
(Dec-19)Sectors covered
ULP 74 75 Retail (Housing and Mortgage Loan)
USK 38 52 Retail, Agriculture and MSME
SARAL 45 48 MSME, Agriculture (selected segment)
MCB 24 23 Mid Corporate
IFB 8 7 Large Corporate
More than 75% of Credit Appraisal centralized
35
Strategic Initiatives –Outcome
Rated Advances - Lending to higher rated borrowers… Maintained rating profile of new retail loans sanctioned
5865
1516
2619
Mar-17 Dec-19
Rating Matrix of Outstanding Corporate Loans (> `5 crore)
A & Above BBB BB & Below
`142547 ` 171428
` in crore
20 21
17
28
63
51
FY 17 9MFY20
Retail CIBIL Rating Profile
750 & Above 700-750 Below 700
Table of Contents
36
Strategic Initiatives - Outcome3
Financials2
Group Entities5
Business Performance1
Digital Banking4
Customer Delight – EASE of Banking
Mobile Banking Reinvented-New features added:
ATM GEO LOCATOR – provides real time status of
active ATMs within three different distance range, (0-
3km), (3-5km) and (5-10km).
QUICK FUNDS TRANSFER - allows a user to transfer
funds up to Rs5000/- per day within and outside bank
without registration of payee.
GREEN PIN GENERATION - Umobile app enables the
new as well as existing debit card holder to generate
Green PIN through Umobile app. Customer need not to
visit the ATM for generation of the same.
BBPS IN UMOBILE - BBPS facility allows customers to
fetch the outstanding amount of bill under various
categories of utility payments and allows for making
payments of the pending bill amount.
Other new highlights – Umobile App
assistance, Expense Manager, Demo Videos which
enhances the overall experience of customers by
providing customised services.
75.5
76
76.5
77
77.5
78
78.5
79
Mar-19 Jun-19 Sep-19 Dec-19
% of digital transactions
% of digital transactions
ENHANCING DIGITAL FOOTPRINTS
24*7 NEFT services made available for the
customers.
BHARAT QR made live for meeting the
requirements of Corporates as per provisions of
CBDT..
NETC FASTAGS made available to
customers, expanding the reach day by day.
Vast network of 6686 ATMs all across the
country covering rural, semi urban, urban and
metro areas for the convenience of the
customers.
Dedicated call centre at Mumbai and Bangaluru
for 24*7 customer support.
DEBIT CARD AUTOMATION – Real time
activation of Ready kit debit cards
thereby reducing the TAT from 48
hours to less than a second and
enhancing customer satisfaction.
1427323 134838 27056 56768 14551
SOCIAL MEDIA
TIE UPS
Digital Banking Initiatives
20% instant discounton movie ticketsbooked through BMSapp/website using ourdebit/credit cards
Discount offers on gift items to our debit & credit card holders
and internet banking users.
Discount offer onMakeMyTrip.com onDomestic flights &Hotel bookings usingour Bank‟s debit &credit cards.
Discount on medicinesFMCG and Apolloprivate label productsto our debit & creditcard holders on theApollo Pharmacy stores
Table of Contents
40
Strategic Initiatives - Outcome3
Financials2
Digital Banking4
Business Performance1
Group Entities5
41
Details of Group Entities
Subsidiaries
Union Bank of India (UK) Limited
• Wholly owned subsidiary operating in UK
• Equity Investment – 649.33 crores
Bank‟s
ShareholdingParticulars 9MFY19 9MFY20
100%
Total Income 108.30 106.45
Net Profit/ (Loss) -35.44 -26.76
Total Assets 3370.06 3407.65
Capital & Reserves 672.12 697.99
Union Asset Management Co. Private Limited
• Wholly owned subsidiary
• Bank’s Equity Investment – 186.29 crores
• Dai-Ichi Life Holdings Inc, Japan invested
Rs. 133.43 Crore in Union AMC through
Compulsorily convertible preference shares
(CCPS) in May, 2018
• About Two Lac Folios
• Launched Mercury Series Mid and Small
Cap Fund (US$30 million) for Foreign
Portfolio Investors.
Bank‟s
ShareholdingParticulars 9MFY19 9MFY20
100%
Total Income 33.80 33.44
Net Profit/ (Loss) -0.89 2.34
Total Assets 187.09 195.84
Capital & Reserves 180.46 189.49
Assets under
Management (AUM)4519.00 4229.00
(` crore)
42
Details of Group Entities
Subsidiaries
Union Trustee Co. Pvt. Limited
• Wholly owned subsidiary
• Equity Investment – 0.06 crores
Bank‟s
ShareholdingParticulars 9MFY19 9MFY20
100%
Total Income 0.15 0.15
Net Profit/ (Loss) 0.03 0.005
Total Assets 0.17 0.17
Capital & Reserves 0.11 0.10
Joint Venture
Star Union Dai-ichi Life Insurance Co. Limited
• Joint venture with Bank of India and
Dai-ichi Life Holdings INC.
• Equity Investment – 65.00 crores
• Presence in 72 locations throughout India
• Since inception ,gross premium income is
Rs.14057 crore
Bank‟s
ShareholdingParticulars 9MFY19 9MFY20
25.10%
Total Income 1621.44 2046.28
Net Profit/ (Loss) 54.73 32.94
Total Assets 7977.14 9517.04
Capital & Reserves 559.18 629.54
Associates
Kashi Gomti Samyut Gramin Bank – Union Bank holds 35% shareholding
(` crore)
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Except for the historical information contained herein, statements in this
presentation which contain words or phrases such as
“is”, “aims”, „will‟, „would‟, „indicating‟, „expected to‟ etc., and similar
expressions or variations of such expressions may constitute „forward-looking
statements‟. These forward-looking statements involve a number of
risks, uncertainties and other factors that could cause actual results to differ
materially from those suggested by the forward looking statements. These risks
and uncertainties include, but are not limited to our ability to successfully
implement our strategy, future levels of non-performing loans, our growth and
expansion in business, the impact of any acquisitions, the adequacy of our
allowance for credit losses, technological implementation and changes, the
actual growth in demand for banking products and services, investment
income, cash flow projections, our exposure to market risks as well as other
risks. Union Bank undertakes no obligation to update forward-looking statements
to reflect events or circumstances after the date thereof.
Disclaimer
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Investor queries: investor.relations@unionbankofindia.com
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