PNB Announced Quarter Ended 2022

Net profit for Q2 FY23 was at ₹411 Crore and grew 33.4% on QoQ basis.
Operating Profit was at ₹5567 Crore during Q2 FY23 grew by 38.5% on YoY basis.
Global NIM improved by 61 bps to 3.00% in Q2 FY23 from 2.39% in Q2FY’22. For September’22.
Global NIM for Q2FY23 improved by 21 bps on QoQ basis.
Net interest income increased by 30.2% YoY to ₹8271 Crore in Q2 FY23.
Cost to income ratio for Q2 FY23 was at 49.93% an improvement of 834 bps on YoY basis.
Global Gross Advances grew by 12.84% on YoY basis to ₹830212 Crore in September’22.
Retail Credit increased by 16.95% on YoY basis to ₹155409 Crore as at the end of September’22
with Core Housing loan having grown by 7.8% on YoY basis.
Global Deposits grew by 7.00% on YoY basis to ₹1193501 Crore as at the end of September’22
as against ₹1115373 Crore in September’21.
CASA Share stands at 44.91% of Domestic Deposits as on September’22.
GNPA ratio improved by 315 bps to 10.48% in September’22 from 13.63% in September’21.
There was an improvement of 79 bps on QoQ basis.
NNPA ratio improved by 169 bps to 3.80% in September’22 from 5.49% in September’21. There
was an improvement of 48 bps on QoQ basis.
PCR including TWO improved by 319 bps to 83.96% in September’22 from 80.77% in
September’21.
Credit Cost improved on QoQ basis by 70 bps to 1.76% in Q2FY23.

 Global Cost of Deposits Improved YoY by 12 bps to 3.90% in Q2 FY23 and 19 bps to 3.85% for
HY September’22.
Global Cost of Funds Improved YoY by 7 bps to 3.40% in Q2 FY23 and was at 3.40% for HY
September’22.
Global Yield on Advances at 6.91% in Q2 FY23 and 6.70% in HY September’22. For Q2FY23
It improved by 43 bps on YoY basis.
Global Yield on funds at 5.77% in Q2 FY23 and 5.72% for HY September’22. An improvement
by 41 bps and 22 bps respectively on YoY basis.
Operating profit per employee for the quarter Q2FY23 improved to ₹22 lac from ₹16 lac in
Q2FY22.
Priority Sector

Profitability

Efficiency Ratio
Priority Sector Advances exceeded the National Goal of 40% and was at 43.54% of ANBC.
Agriculture advances exceeded the National Goal of 18% and was at 19.03% of ANBC.
Credit to Small and Marginal farmers exceeded the National Goal achievement of 9.5% and is
at 10.16% of ANBC.
Credit to Weaker Sections exceeded the National Goal achievement of 11.5% and is at 14.08%
of ANBC.
Credit to Micro Enterprises exceeded the National Goal achievement of 7.5% and is at 8.35%
of ANBC.

 Total Income of the Bank for Q2FY23 was at ₹23001 Crore and ₹44295 Crore for HY1-23. It
grew by 8.2% and 0.5% respectively on YoY basis.
Total Interest Income of the Bank for Q2FY23 was at ₹20154 Crore and ₹38911 Crore for
HY1-23 It grew by 12.1% and 5.4% respectively on YoY basis.
Fee based income for Q2FY23 was at ₹1307 Crore and ₹3058 Crore for HY1-23. It grew by
12.5% and 14.7% respectively on YoY basis.
Total Expenditure of the Bank for Q2FY23 was at ₹17434 Crore and for HY1-23 was at ₹33349
Crore.

Digitalization
Financial Inclusion
Gross Non-Performing Assets (GNPA) were at ₹87035 Crore as on September’22 as against
₹100291 Crore as on September’21 declined by 13.21% on YoY basis.
Net Non-Performing Assets (NNPA) were at ₹29348 Crore as on September’22 as against
₹36934 Crore in as on September’21 declined by 20.53% YoY basis.
Provision Coverage Ratio Including TWO improved by 319 bps YoY to 83.96% in September’22.
Slippage ratio declined by 223 bps YoY to 3.34% in September’22.

 CRAR was 14.74% for September’22. Tier-I is at 12.20% (CET-1 was at 10.88%, AT1 was
at 1.32%) and Tier-II is at 2.54% as at September’22.

 UPI Lite- Customers can make small payments of up to ₹200 using on device “wallet”.

On boarding in UPI Using Aadhaar OTP-Authentication in lieu of Debit Card for Customers On-
boarding on UPI.

 Launch of Banking Services through Whatsapp.
PNB ONE new features Added: Scan and Pay UPI using IFSC and Account number.
Pre-Qualified Credit Card facility for salaried account customers.
Revamped PNB One App launched.
Self-Onboarding Platform for Online Application of Credit card on 24*7 basis.
Online Overdraft Facility (e-OD) against offline Fixed Deposit (FD) in PNB One App.

 Financial Inclusion Parameters

Particulars 30.09.2021 30.09.2022
Accounts opened under PMJDY (No. in Lakh) 402 441
Deposit mobilized by BCs –(Amt in ₹ Crore) 14315 18729
Enrollment under PMJJBY, PMSBY & APY:-

(No. In Lacs)
JANSURAKSHA SCHEME ENROLLMENT UP TO 30.09.2021 30.09.2022
Pradhan Mantri Jeevan Jyoti Bima Yojana 37.04 48.46
Pradhan Mantri Suraksha Bima Yojana 158.1 194.6
Atal Pension Yojana 15.85 23.76

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