Net Profit increased to ₹ 1127 Crore during Q3 FY’22, with YoY growth of 122.7%. 

❖ Operating Profit increased by 26.24% on QoQ basis to ₹ 5076 Crore in Q3 FY’22 from  ₹ 4021 Crore in Q2 FY’22. 

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❖ Net Interest Income (NII) increased by 22.8 % on QoQ basis to ₹ 7803 Crore in Q3 FY’22  from ₹ 6353 Crore in Q2 FY’22. 

❖ Global Net Interest Margin (NIM) improved by 54 bps to 2.93% in Q3 FY22 from 2.39% in  Q2 FY’22. 

❖ Cost to Income Ratio improved by 660 bps to 51.67% in Q3 FY’22 from 58.27% in Q2 FY’22 ❖ Fee Based Income increased by 10.2% on QoQ basis to ₹ 1420 Crore in Q3 FY’22 from  ₹ 1288 Crore in Q2 FY’22. 

❖ Return on Equity (RoE) improved by 7 bps on QoQ basis to 7.34% in Q3 FY’22 from 7.27%  in Q2 FY’22. 

❖ GNPA ratio improved by 75 bps to 12.88% in December’21 from 13.63% in September’21. ❖ NNPA ratio improved by 59 bps to 4.90% in December’21 from 5.49% in September’21. 

❖ PCR excluding TWO improved by 200 bps to 65.17% in December’21 from 63.17% in  September’21. 

❖ CRAR improved to 14.91% in December’21 from 13.88 % in December’20. 

❖ Retail Credit increased by 7.7% on YoY basis to ₹ 1,24,201 Crore as at the end of  December’21.  

❖ Agriculture advances grew by 6.2% on YoY basis to ₹ 1,02,412 Crore. ❖ MSME advances grew by 4.1% on YoY basis to ₹ 1,23,225 Crore. 

❖ Domestic CASA Share improved by 99 bps on Y-o-Y basis to 45.65% in December’21. ❖ Savings Deposit grew by 8.76% on Y-o-Y basis to ₹ 4,34,394 Crore as on December’21. ❖ CASA Deposits grew by 7.59% on Y-o-Y basis to ₹ 5,05,958 Crore in December’21.  ❖ Digital Transactions improved to 70% in December’21 from 66% in September’21.

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Business Performance in Key Parameters (as on 31.12.2021) 

❖ Global Business increased by 4.04% on YoY basis to ₹ 18,82,623 Crore as at the end of December’21 as against ₹ 18,09,587 Crore in December’20. 

❖ Global Deposits grew by 4.17% on YoY basis to ₹ 11,27,317 Crore as at the end of  December’21 as against ₹ 10,82,156 Crore in December’20. 

❖ Global Advances grew by 3.83% on YoY basis to ₹ 7,55,306 Crore as at the end of  December’21 as against ₹ 7,27,432 Crore in December’20. 

❖ Total Retail, Agriculture & MSME (RAM) Credit recorded YoY growth of 9.1% to ₹ 3,98,303 Crore as at the end of December’21. 

❖ RAM share increased by 250 bps from 51.8% as on Dec’20 to 54.3% as on Dec’21.  ∙ In Retail Segment,  

o Housing loan increased by 6.2% on YoY basis to ₹ 74,483 Crore. 

o Vehicle loan increased by 23.2% on YoY basis to ₹ 11,542 Crore. 

o Personal loan grew by 7.8% on YoY basis to ₹ 11,257 Crore. 

o Gold loan grew by 15.3% on YoY basis to ₹ 910 Crore. 

Priority Sector 

❖ Priority Sector Advances stood at ₹ 2,84,708 Crore, exceeding the National Goal of 40%  and was at 43.75% of ANBC as at the end of December’21.  

❖ Agriculture advances stood at ₹ 1,22,749 Crore, exceeding the National Goal of 18% and  was at 18.86% of ANBC as at the end of December’21.  

❖ Credit to Small and Marginal farmers stood at ₹ 66,798 Crore in December’21. National  Goal achievement is 10.26% of ANBC, exceeding the target of 9%.  

❖ Credit to Weaker Sections stood at ₹ 91,014 Crore in December’21. National Goal  achievement is 13.99% of ANBC, exceeding the target of 11%. 

❖ Credit to Micro Enterprises stood at ₹ 54,233 Crore as on December’21. The Bank has  achieved National Goal at 8.33% of ANBC as against the target of 7.5%. 

Profitability 

❖ Total Income of the Bank improved by 3.6% on QoQ basis to ₹ 22026 Crore in Q3 FY’22 from ₹ 21262 Crore in Q2 FY’22.  

❖ Operating Income improved by 9.0% on QoQ basis to ₹10504 Crore in Q3 FY’22 from  ₹ 9635 Crore in Q2 FY’22.  

❖ Total Interest Income improved by 7.4% on QoQ basis to ₹19325 Crore in Q3 FY’22 from  ₹ 17980 Crore in Q2 FY’22.  

❖ Total Expenditure stood at ₹ 16950 Crore during Q3 FY’22. 

❖ Operating Expenses declined by 3.3 % on QoQ basis to ₹ 5428 Crore in Q3 FY’22 from  ₹ 5614 Crore in Q2 FY’22. 

❖ Total interest Paid registered decline of 4.1% on QoQ basis to ₹ 11522 Crore in Q3 FY’22  from ₹ 11628 Crore in Q2 FY’22. 

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Efficiency Ratio 

❖ Return on Assets improved to 0.34% in Q3 FY’22 from 0.15% in Q3 FY’21. Return on Equity  improved to 7.34% in Q3 FY’22 from 3.75% in Q3FY’21. 

❖ Global Cost of Deposits improved to 3.94% in Q3 FY’22 from 4.23% in Q3 FY’21 and 4.02%  in Q2 FY’22. Global Cost of Fund improved to 3.42% in Q3 FY’22 from 3.61% in Q3 FY’21. ❖ Yield on Advances improved to 7.11% in Q3 FY’22 from 6.48% in Q2 FY’22. Yield on  Investment improved to 6.24% in Q3 FY’22 from 6.20% in Q2 FY’22. 

❖ Business per Branch improved to ₹ 180.24 Crore in December’21 from ₹ 161.95 Crore in  December’20. 

Asset Quality 

❖ Gross Non Performing Assets (GNPA) stood at ₹ 97,259 Crore as on December’21 as  against ₹ 1,00,291 Crore in September’21. 

❖ Net Non-Performing Assets (NNPA) stood at ₹ 33,879 Crore as on December’21 as against  ₹ 36,934 Crore in September’21. 

❖ Provision Coverage Ratio (PCR) including TWO stood at 81.85 % in December’21. 

Capital Adequacy 

❖ CRAR improved to 14.91% in December’21 from 13.88% as at December’20. Tier-I is  12.22% (CET-1 was at 10.99%, AT1 was at 1.23%) and Tier-II CRAR is 2.69% as at  December’21. 

Digitalization 

❖ Internet Banking Services (IBS) users increased to 312 Lakhs as at December’21.   

❖ PNB One Mobile Banking Services (MBS) users increased 38% YoY to 253 Lakhs as at  

December’21 from 183 Lakhs in December’20. 63% YoY growth in fund transfer through  PNB One. 

❖ Number of Debit Card issued is 7.19 Crore as on December’21 with 70% Debit Card  penetration of eligible base. 

❖ UPI transactions for Q3 FY 22 increased by 97% on YoY basis to 5,685 Lakhs as at  December’21. 

Financial Inclusion 

❖ Amount mobilized under Pradhan Mantri Jan Dhan Yojana stood as below: 

❖ Enrollment under PMJJBY, PMSBY & APY:- 

 (No. In Lacs)

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Distribution Network  

❖ As on 31st December’21, the Bank has 10,264 number of branches. Rural: 3845, Semi Urban: 2506, Urban: 2097 & Metro: 1816, 2 International Branches, 13400 number of ATMs  and 12,741 BCs. 

Digital Initiatives – Q3 FY 21-22 

❖ Launch of PNB-PA (Personal Advisor): Umbrella application with access to all of PNB’s  digital application PNB One, mPassbook. PNB Genie, BHIM PNB etc. 

❖ Concessional pricing on home loans and vehicle loans to drive growth in digitally  originated leads. 

❖ Introducing new and exciting digital products and services:  

❖ New Investment-led Partnerships: Equity participation in Open Network for Digital  Commerce (ONDC) Ltd with a vision to develop an open network for digital commerce. 

❖ Co-lending partnerships with leading NBFCs: IIFL, Paisalo, Lendingkart, Vedika Credit  Capital Ltd 

❖ Co-discounting partnerships with e-commerce players 

Awards & Accolades 

❖ Received award from Pension Fund Regulatory & Development Authority (PFRDA) under: ∙ Wondrous Warriors Award: Mar’21 

∙ Warriors Award: Aug’21 

❖ Ministry of Electronics & Information Technology awarded prestigious “Utkarsh Puruskar”  DigiDhan Award 2019-20 (e-UNI) for achieving 2nd highest percentage of Digital Payment  Transactions. 

❖ 2nd Best Bank in SHG credit linkage under NRLM scheme by Ministry of Rural  Development (MoRD). 

❖ Secured 1st position amongst peer banks under Agriculture Infrastructure Fund (AIF)  campaign launched by Ministry of Agriculture and Farmers Welfare. 

❖ NABARD‘S “Special Commemorative Award” for Overall Performance in the Field of  Agriculture Credit, Micro Finance, Financial Inclusion and Technology Adoption.

Social Media Presence of the Bank: (No. of Followers) 

❖Facebook: 14,20,684 with YoY growth of 47.56%(https://www.facebook.com/pnbindia/) ❖Twitter: 2,67,879 with YoY growth of 57.24%(https://twitter.com/pnbindia) 

❖LinkedIn: 79,562 with YoY growth of 21.10%(https://in.linkedin.com/company/pnbindia) ❖Instagram: 72,750 with YoY growth of 44.23%(https://www.instagram.com/pnbindia/) ❖Youtube: 69,900 with YoY growth of 62.30%(https://www.youtube.com/pnbindia) 

Place: New Delhi 

Date: 27.01.2022