Investor Presentation Q4 FY14 1

ING VYSYA BANK LIMITED

Financial ResultsFinancial year ended 31 March 2014

Mumbai – 29 April 2014www.ingvysyabank.com

Investor Presentation

ING VYSYA BANK LIMITED 2

Key Performance Highlights – FY 2014

Ø Net Profit up 7% to Rs. 6,579 million. Adjusting for the exceptional item, Net Profit up 14% to Rs. 6,982 million from Rs. 6,130 million

Ø Net Interest Income up 14% and non interest income up 19%

Ø Net Interest Margin stable at 3.52%

Ø Operating Profit up 20%

Ø Cost to income ratio at 57.0%. Adjusting for the exceptional item, Cost to income ratio improved to 54.6% from 56.2%.

Ø Return on Assets at 1.20%. Adjusting for the exceptional item, Return on Assets improved to 1.28% from 1.26%

Ø Customer Assets up 12% to Rs. 385,172 million.

Ø CASA Ratio at 33.4% from 32.5%.

Ø Provision cover at 84.2% from 98.4%

Ø Gross NPA at 1.77% from 1.76% and Net NPA at 0.28% from 0.03%

Ø Capital Adequacy at 16.76% and Tier 1 at 14.63%


Key Performance Highlights – Q4 FY14

Ø Net Profit at Rs. 1,391 million. Adjusting for the exceptional item, Net Profit up 5% to Rs. 1,794 million

Ø Net Interest Income (NII) up 11%

Ø Net Interest Margin marginally up to 3.74% from 3.73%

Ø Operating Profit up 9%

Ø Cost to income ratio at 64.0%. Adjusting for the exceptional item, Cost to Income ratio at 55.2% from 54.4%

Ø Return on Assets at 0.99%. Adjusting for the exceptional item, Return on Assets was at 1.28%

Ø Customer Assets up 12% to Rs. 385,172 million.

Ø CASA Ratio at 33.4% from 32.5%.


Balance Sheet Rs. Million

As at 31 Mar 2014 As at 31 Mar 2013 Y o Y Growth (%)

Capital and Reserves 70,713 46,268 53%

Deposits 412,168* 413,340 0%

Borrowings 96,685 65,113 48%

Other Liab. & Provisions 24,566 23,644 4%

Total Liabilities 604,132 548,364 10%

Cash, Inter-bank, etc. 58,261 28,335 106%

Investments 167,208 182,782 9%

Advances 358,289 317,720 13%

Fixed Assets 5,245 4,996 5%

Other Assets 15,130 14,531 4%

Total Assets 604,132 548,364 10%

As at 31 Mar 2014 As at 31 Mar 2013 Y o Y Growth (%)

CA 70,079 73,169 4%SA 67,508 61,183 10%TD 212,540 212,122 0%CD 62,041 66,867 7%

Total Deposits 412,168 413,340 0%CASA% 33.4% 32.5%

* The total deposit was flat primarily on account of capital infusion and foreign currency borrowings of USD 385 million against concessional Fx swap window opened by RBI during the year which resulted in substitution of wholesale deposits to a certain extent.


Profit & Loss Rs. Million

Q4 FY14 Q4 FY13 Growth Q4 ‘14 over Q4 '13 FY 2014 FY 2013 Growth FY14

over FY13

Net Interest Income 4,713 4,237 11% 17,532 15,386 14%

Other Income 2,234 2,004 11% 8,671 7,269 19%

Total Income 6,947 6,241 11% 26,203 22,655 16%

Staff expenses 2,185 2,005 9% 8,423 7,507 12%

Other expenses 1,651 1,393 18% 5,893 5,221 13%

Total Expenses 3,836 3,398 13% 14,316 12,728 12%

Operating Profit 3,111 2,843 9% 11,886 9,927 20%

Exceptional Item* 611 611

Operating Profit after exceptional item 2,500 2,843 12% 11,275 9,927 14%

Provisions 406 336 21% 1,498 912 64%

Profit before tax 2,094 2,507 16% 9,778 9,014 8%

Taxes 703 804 13% 3,199 2,885 11%

Net Profit 1,391 1,703 18% 6,579 6,130 7%

* Exceptional expense on account of retiral cost in the current year


Q4 FY14 Q4 FY13 FY 2014 FY 2013

Net Interest Margin 3.74% 3.73% 3.52% 3.52%

Yield on Advances 11.69% 11.86% 11.62% 11.88%

Cost of Deposits 7.21% 7.14% 7.25% 7.25%

Cost Income Ratio 64.01%(55.22%)* 54.45% 56.97%(54.64%)* 56.18%

Return on Assets 0.99%(1.28%)* 1.34% 1.20%(1.28%)* 1.26%

Return on Equity ** 7.91%(10.20%)* 14.97% 10.29%(10.93%)* 14.22%

CASA Ratio 33.38% 32.50% 33.38% 32.50%

Credit-Deposit Ratio 86.93% 76.87% 86.93% 76.87%

Gross NPA Ratio 1.77% 1.76% 1.77% 1.76%

Net NPA Ratio 0.28% 0.03% 0.28% 0.03%

Provision Coverage Ratio 84.17% 98.40% 84.17% 98.40%

Capital Adequacy Ratio *** 16.76% 13.24% 16.76% 13.24%

6

Key Ratios

* (Cost Income Ratio, Return on Assets and Return on Equity adjusted for exceptional expense amounting to Rs. 611 miiliion on account of retiral cost)** Equity capital infusion of Rs. 18.36 bilion through a combination of QIP and Preference allotment in July 2013.

*** As per Basel II for 31 Mar 13 and as per Basel III for 31 Mar 14


Presentation Path

7

Financial Performance

Business Performance

Appendix


Deposit Trends

Growth in Deposits (Rs Bn)

Credit-Deposit Ratio (%)

Financials are on a standalone basis and prior year data is restated/re-classified for comparison purposes

33 41 51 64 73 7034 43 54 56 61 68

182 174197

231279 275249 259

302

352

413 412

0

50

100

150

200

250

300

350

400

450

Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14

Term Savings Current

6784

105 116130 138

54

27.0%

32.6%

34.7%34.3%

32.5% 33.4%

0

25

50

75

100

125

150


CASA (%) Large InflowsCore CASA (INR Bn)

67.3%71.4%

78.1%81.6%

76.9%

86.9%

50%

60%

70%

80%

90%

100%


Growth in CASA (Rs Bn)


Composition YoY Growth QoQ Growth

Wholesale Banking 33.9% 2.7% 3.3%

Business Banking (SME) 37.7% 24.2% 8.7%

ARB (Agriculture) 9.6% 48.1% 17.4%

Mortgages 14.7% 8.9% 0.5%

Commercial & Auto 1.1% 7.5% 0.4%

Personal Loans 1.0% 28.9% 1.4%

Gold Loan 0.9% 0.1% 10.2%

Others 1.0% 11.1% 8.4%

Total Customer Assets 12.1% 6.1%

Growth in Customer Assets (Rs Bn)

9

Customer Assets Trends

Customer Assets Composition (Mar 14)

Wholesale Banking Industry Portfolio (Mar 14) Business Banking Industry Portfolio (Mar 14)


170189

241

293

344385

0

50

100

150

200

250

300

350

400


*Others includes Chemicals, Rubber & Plastic, Cement, Logistics, Media & Entertainment, IT & Services, Auto, Mining, Oil & Gas etc.

Trader, 44.2%

Gem & Jewellery Retailers, 10.5%

Rental Discounting, 4.0% Food

Processing, 5.3%Automobile, 4.5%

Iron & Steel, 2.9%

Textiles, 4.6%

Contractor, 1.3%Service

Enterprise, 3.2%Pharmaceuticals, 1.8

%

Others, 17.7%NBFC -

PSA, 19.5%

Telecom, 2.4%

NBFC - Non PSA, 6.0%

Manufacturing, 8.6%

Construction, 5.6%

Food & Agri, 10.6%

Auto Ancilliary, 4.6%

Others*, 19.9% Textiles, 3.6%

Metals, 2.9%Infrastructure, 4

.5%Gems &

jewellery, 5.4%

Professional Services, 1.8%

Paper, 1.7%

Pharma, 2.9%


Operating Efficiency

Yield on Advances & Cost of Deposits Cost/Income Ratio

Business per employee (Rs Mn)*

* Business indicates customer assets+ deposits- interbank deposits for the bank

Average CASA per Branch (Rs Mn)


11.48%10.54% 10.06%

11.54% 11.88% 11.62%

6.83%

5.33% 5.25%

6.99% 7.25% 7.25%

2%

4%

6%

8%

10%

12%

14%


Yield on advances % Cost of deposits %

55.7%1.2% 2.3%*

64.5%

56.9%

61.8%59.1%

56.2%

54.6%

30%

50%

70%


Cost to income ratio %Exceptional items %

46 47 5056

66 69

01020304050607080


114135

162176 179 179

0

50

100

150

200


* Exceptional item amounting to Rs. 611 million on account of retiral cost

57.0%


Income & Profit Performance

Net Total Income (Rs Mn) Net Interest Income (Rs Mn)

Net Profit (Rs Mn)


Other Income (Rs Mn)

6,496 8,298 10,065 12,08315,386 17,5325,477 5,895

6,5506,698

7,269

8,671

30711,97314,501

16,61518,781

22,65526,203

0

5,000

10,000

15,000

20,000

25,000

30,000


Exceptional income Other income NII

6,4968,298

10,06512,083

15,38617,532

2.84%

3.22%3.25% 3.30%

3.52% 3.52%

2.6%

2.9%

3.2%

3.5%

3.8%

0

5,000

10,000

15,000

20,000


NII NIM %

5,477 5,8956,550 6,698

7,269

8,671

3070

5,000

10,000


Other income Exceptional income

* Exceptional item on account of retiral cost

2,219

6,579

203

403*

1,8882,422

3,186

4,563

6,1306,982

0

1,500

3,000

4,500

6,000

7,500


Exceptional items Net profit


Other Income

1,282 1,459

1,139

861

1,680

308 124

417

1,261

1,708

1,235

953

2,243

561366 344

Liability Related

Asset Related

Trade Finance & CMS

WM & Advisory Fees

FX & Derivatives

Investment Related

Recoveries Others

FY 13FY 14

Rs. Million

Period Other IncomeFY 12-13 7,269FY 13-14 8,671


Net NPA (Rs Mn)

Gross NPA (Rs Mn)

13

Asset Quality

3,132

5,572 5,532 5,629 5,7026,442

1.86%

2.96%

2.30%1.92% 1.76% 1.77%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000


Gross NPA Gross NPA %

2,0042,218

918

525

91

1,0201.20% 1.20%

0.39%0.18%

0.03%

0.28%

0.0%

0.5%

1.0%

1.5%

2.0%

0

500

1,000

1,500

2,000

2,500

3,000


Net NPA Net NPA %



Book Value per Share (Rs)Earnings Per Share (Rs)

14

Returns to Stakeholders


* Equity infusion in Dec’09 of Rs.4.15 Bn, Jun ‘11 of Rs. 9.69 Bn, July’13 of Rs.18.36 Bn** Excluding the impact of exceptional expense on account of retiral costs

Return On Assets Return On Equity

36.6*2.2

18.421.6

26.5

31.8

40.4 38.9**

0

15

30

45


0.70%0.80%

0.89%

1.09%

1.26%

1.20%

1.28%*

0.55%

0.75%

0.95%

1.15%

1.35%


11.63%

11.81%*

12.83%

12.73%*

14.22%

10.29%*

10.93%**

0%

3%

6%

9%

12%

15%


155.4185.3

208.3

258.2292.1

369.5

-

50

100

150

200

250

300

350

400


QIP & Preference

allotment Rs 18.36 billion

* Equity infusion in July’13 of Rs.18.36 Bn** Excluding the impact of exceptional expense on account of retiral cost

* Excluding the impact of exceptional expense on account of retiral costs


Presentation Path

15



Appendix


Retail Advances Evolution (Rs Bn)

Retail Asset Momentum

March 2009 Mar 2014

Consumer Finance Division 45.5%

Consumer Finance Division 28.3%

2.7x

37.6 46.4 67.4 92.2 117.0 144.8 43.4 45.1 56.1

56.7 65.0

71.7

14.4 16.8 14.5

18.0

27.0

37.1

95.4 108.3138.0

166.9

209.0

253.6

0

50

100

150

200

250

300


Business Banking/SMEConsumer Finance Agri/Others

Business Banking/

SME, 57.1%

Home Loans, 13.2

%

Loan Against

Property, 9.2%

Other than Mortgages,

6.0%

Agri/Others, 14.6%

Business Banking/

SME, 39.4%Home

Loans, 31.3%

Other than Mortgages,

14.2%

Agri/Others, 15.1%



10.2

16.8

27.632.7 33.4 31.9

0

10

20

30

40

FY 09 FY 10 FY 11 FY 12 FY 13 FY 14

17

New to Bank momentum – Retail Assets

Business Banking Limits Sanctioned (Rs Bn)

13.910.5

17.0

12.4

17.6 18.1

0

5

10

15

20

25

FY 09 FY 10 FY 11 FY 12 FY 13 FY 14

1.3x

89:11

Mortgage Disbursal (Rs Bn)

86:14 65:35 52:48 60:40HL:LAP à

Agriculture Limits Sanctioned (Rs Bn) Gold Loan & Personal Loan Disbursal (Rs Bn)

3.1 x

0.9

3.1

7.1 7.9

0

3

6

9

FY 11 FY 12 FY 13 FY 14

8.7 x

3.0

7.2

12.2

21.7

0

5

10

15

20

25

FY 11 FY 12 FY 13 FY 14

7.3 x

30:70



5967 65

74 7178 76 81

Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14

Average Retail CASA Growth Momentum

18

# Includes Branches and ECs

INR Bn Q1’13 Q2’13 Q3’13 Q4’13 Q1’14 Q2’14 Q3’14 Q4’14

Retail Bank CASA Average 86.20 86.33 86.90 88.17 88.05 87.37 88.16 90.43

CASA New to Bank for the Quarter (NTB) 4.17 3.94 3.89 4.25 2.65 2.97 2.70 3.69

Feet on Street (FOS) 1,819 1,794 1,866 1,808 1,781 1,889 1,704 1,715

Branches # 527 527 532 542 547 549 551 553

New to Bank Salary Accounts (000) for the Quarter

1.4x



Distribution of Branches

19

# Includes Branches and ECs

Geographical Distribution, No. of Branches #, % share

Population wise Distribution, No. of Branches#, % share

25%

75%

26%

74%

30%

70%

32%

68%

132 139 159 160 175 179

167 166173 179 170 172

92 8990 97 107 110

87 8788 91 90 92478 481510 527 542 553

Mar 09 Mar 10 Mar 11 Mar 12 Mar 13 Mar 14

Metro Urban Semi-Urban Rural

18%

19%

35%

28%

17%

20%

31%

32%

33%

67%

34%

66%


17%

20%

31%

32%

17%

18%

34%

31%

18%

19%

35%

29%

17%

18%

34%

31%

180 179 179 179 179 179

180 178 179 179 184 185

74 77 89 101 111 11944 47 63 68 68 70478 481

510 527 542 553

Mar 09 Mar 10 Mar 11 Mar 12 Mar 13 Mar 14

AP Rest of South North & East West


Wholesale Bank Momentum

100 101 114

155 148169 174 166 170

Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13Dec13 Mar14

1.7x

# From a base of 100 in Mar’12

* Includes both fund based & non fund based asset, rebased as 100 in Mar 2009

Salary Account Balances Evolution#Current Account Evolution#

100222

312417

606

794


7.94x

# From a base of 100 in Mar 2009

Customer Assets Rating1Assets Evolution*

100127

162196

224 225


2.25xAAA to

AA, 27% AA- to A, 33%

A- to BBB-, 29%

Below BBB-, 11%

Unrated, 1%

Percent of portfolio

1Internal rating converted to indicative external ratingExcludes NPA and restructured accounts


Revenue Momentum*

Product Revenue Momentum*

Wholesale Bank Momentum

Key Ratios

Wholesale Average CA Momentum#

100125 123 126

183 172

91 92 100118

142

50

100

150

200

250


Revenue Trend Fee Income Trend67.0%

48.5% 50.2% 53.4%43.2%

55.3%

20.3% 16.4% 19.4% 22.3% 18.9% 22.4%

0%

20%

40%

60%

80%


Fee % Direct Cost/Income Ratio

100 100 100 100

192 155 152

2718

Lending FM Transaction Banking

InvestmentBanking &

Debt Capital MarketMar 09 Mar 14

1.92x 1.55x 1.52x 27.2x

# From a base of 100 in Mar 2009

100 100 100 100

333184

567

312

Large Corp & International Client Group

Emerging Corporates

Banks & Fnancial

Institutions group

Wholesale Bank

Mar 09 Mar 14

3.33x 1.84x 5.67x 3.12x

* From a base of 100 in March - 2009

* From a base of 100 in March - 2009


Presentation Path

22



Appendix


• Crossed 500 branches and extension counters

• Completed a QIP and a preferential allotment raised INR 18.36 Bn

• Largest Private Sector Bank

• Promoted by Vysya (trading community) headed by Mr. Margapuram Chengaiah Chetty

23

1930

1985

1990

1996

2002

2005

2007

• GMR Group acquired 28% in the Bank

• BBL Belgium entered into a strategic alliance and acquired 20% stake

• ING took over Management and was renamed as "ING Vysya Bank Limited”

• Completed a 3:1 rights issue raised INR 3 Bn

• Completed a QIP and a preferential allotment raised INR 3.5 Bn

2009 • Completed a QIP and a preferential allotment raised INR 4.15 Bn

Banking Franchise with ~8 Decades of Experience

• Completed a QIP and a preferential allotment raised INR 9.69 Bn2011

• Incorporated in 1930, promoted by Vysyacommunity

• ING Groep NV became the single largestshareholder in ING Vysya Bank Limited (IVBL)with board and management control in Oct 02

• One of India’s premier private sector bankoffering a wide variety of wholesale and retailbanking products and services

2013

• Pan-India network of 1,216 outletsservicing over 2 mn customers ason Mar 2014

• Balance sheet size of ~INR 604Bnas on 31st Mar 2014


Company Secretary

MD & CEOShailendra Bhandari

• Experience in IVBL : 5 Years• Seasoned banker with 3 decades of experience.• Former Managing Director and CEO of Centurion Bank of Punjab from 2004 until 2008• Former MD and CEO of Prudential ICICI Asset Management from 2000 until 2004; part

of the core team charged with setting up HDFC bank in 1994 as Treasurer and Executive Director. Ex- Citi banker, having spent 12 years in senior management positions

• 20 years of banking experience across markets & functions at Citi, ING and IVBL

• Head of Retail at IVBL for 5 years

• Chief Strategy Officer at ING-DiBa, Germany for 18 months

• 9 years of prior banking experience in Retail Banking at ICICI and HDFC Bank

• Worked across geographies, markets and products

• Worked at ICICI Bank Limited

• Over 3 decades of experience in the banking business

• 16 years prior experience in Retail and Commercial Banking at ING Australia.

• 2 decades of banking experience across products & distribution

• Over 15 years of experience in Human Resources in Financial Services and software industry

• Over 2 decades of experience across various industries and geographies

• Core team member at IDBI responsible for various strategic initiatives

• More than 18 yrs experience in ING Group

• Prior experience in various front office and risk functions having spent 8 yrs in Senior Mgt. Roles.

• Experience in IVBL : > 5 Years

• Experience in IVBL : 6 Years

• Experience in IVBL : 1Years





Deputy CEO, Head Wholesale Banking & Strategy

(Uday Sareen)

Country Head Retail Assets

(Mahesh Dayani)

Head Operations

(Meenakshi A)

Branch Banking, Market

ing & Private Clients

(Brett Morgan)

Chief Human Resources

(J M Prasad)

Chief Financial Officer(Jayant

Mehrotra)

Chief Risk Officer

(Susan Poot)

Chief Auditor(Ashok Rao)

• Over 2 decades of experience in banking

• Worked in various senior positions in Audit and Finance in India and overseas

• Experience in IVBL :12 Years

Quality Management Team

Chief Information

Officer(Aniruddha

Paul)

• Over 2 decades of experience with operations, technology & product management

• Leadership experience in IT driven business transformation in banking and outsourcing services



Strong Pedigree of Investors

25

• ING is a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services

• Customer base of >48 million private, corporate and institutional customers spread across in over 40 countries in Europe, North and Latin America, Asia and Australia

• Key statistics * – Total Income – € 26 Bn, Total Assets – € 1.1 Trn, AuM – € 174 Bn, Employees – >75,000

• With the financial backing of its largest shareholder, ING Vysya Bank can leverage the ING Groep NV’s relationship for its:

- Deep understanding of the industry across markets

- Product knowledge and domain expertise

- Access to global clients

- Presence across other BFSI verticals to allow cross selling opportunities

ING Groep NV

IVBL Shareholding

pattern #

# As on 31st March 2014

* As of Dec 31 2013 Annual Report

ING, 43.1%

Foreign Holding, 29.0%

Public, 7.9%

Domestic Institutions, 14.8%

Private Corporates, 5.2%


Network Distribution

2626

UP 21

WB 15

TN 39

Rajasthan 4

Odisha 7

MP 3

Maharashtra 48

Kerala 24

Karnataka 130

Haryana 5

Gujarat 15

Bihar 2

Andhra 170

Delhi 23

HP 2

Goa 3

Chattisgarh 4

Jharkhand 2

Uttarkhand 2

Assam 1

Puducherry 1

Chandigarh 3

D&NH 1

* Includes 10 ECs

Particulars No.

Branches* 553

- EC’s 10

Satellite Office 25

ATMs 638

Break-up of 1,216 OutletsJ&K

1

Punjab 27


Focused Asset growth engines

§ Retail: Focus primarily on growth in Business Banking/SME, Mortgages, Agriculture and selective focus on Gold Loans and Personal Loans

§ Wholesale: Leverage ING Global relationships to service domestic clients, deepen relationships with large Indian corporate and greater support and co-ordination with International Clients Group. Grow the share of Emerging Corporates (EC) in the local currency balance sheet

Increase low cost liabilities and better margin

products

§ Retail: Deepen customer relationships with products servicing multiple target segments including a strategic push on Current Account of the Business Banking/SME customer

§ Focus on operating account for corporate/salaried segment§ Wholesale: Increase the share of EC in local balance sheet§ Increase penetration of fees products such as DCM, PCM ,FM and CF§ Selectively look at structured financing

Enhance operating efficiency

§ Retail: Increase overall profitability both from legacy network and growing footprint§ Continuous improvement in technology platform for cost efficient & customer centric model§ Increase per branch productivity closer to best in class§ Wholesale: Increase the share of customer wallet through new product introductions and deepen existing

relationships§ Focus on portfolio churning§ Private Client Group : Enhance advice and service delivery platform with help of technology, collaterals and marketing

Reposition as ING in select

markets

§ To position as bank of choice to chosen customer segments§ Migrate global best practices and knowledge§ Continue investment in the brand as we expand footprint outside South India§ Private Client Group : Increase awareness of our services and capabilities, among our HNI with niche products

§ Retail: Continue to grow footprint in Northern and Western parts of the country, while consolidating in the South§ Derive value from investments made in branch expansion and continue to drive efficiency and productivity of

existing network§ Focused efforts to further scale retail fee engine – Wealth Management, Trade & Forex, Asset related fees§ Wholesale: Leverage network to grow transaction banking platform to meet client needs§ Improve the systems within EC business§ Private Client Group : Tapping into the existing clients of the bank for cross-sell/up-sell§ Build a strong bench of client facing team (quality, critical team size)

Grow and leverage the distribution franchise

Business Strategy – Grow ahead of Market with better asset quality


Marketing and Branding

28

Branding at airports

Mobility led advertisingSocial media engagement

Outdoor branding on high streets


Positioned to take the Lead in Mobile BankingResults of ING’s survey in India

29

§ Consumer research survey during Mar-April ‘14 across 2,400 Indian respondents; compared Indian consumer trends vis-à-vis ING global consumer survey (11,700 respondents).

§ Mobile banking key findings :

ü User interface is very important

ü 7x : Mobility usage to Internet usage

ü Desired features : instantaneous; seamless across internet & mobile; quick account view

§ IVBL upgraded mobile solutions launched in Q4 across Android and Apple

§ Over 35,000 downloads during first 3 weeks

§ Rated 4.5 out of 5 on App store & Play store

§ Received encouraging feedback from industry experts

“81% Indians feel more in control of their money with mobile Banking Vs European average of 66%”; “47% Indian men said they now shop more with their mobile ” ;

“50% of Indian respondents have given smart-phones to their kids ”


EDUCATION & EMPOWERMENT• Through education we support a large number of children to continue their schooling across India

• To accelerate the bank’s focus on inclusive growth, through our financial literacy program teach children the basics ofmoney, banking and savings. We have created a team of 16 women and 16 youth trainers to provide training to childrenand their parents , studying under the care of Foundation supported NGOs.

• Our RSETI has been awarded an “AA+” rating by The Ministry of Rural Development. Govt. of India. During the year,683 rural youth have benefited under the Institute’s programs of which 512 trainees were women.

• Our bank encourages and supports employee volunteering on worthy causes - 2500 employees, across 230 branches,across India enlisted for the ‘ING Global Challenge – Chances for Children’

• We have played a strong role in facilitating development of NGOs to achieve results

• Imparted training on documentation to one of our partner NGO’s Trust field staff to enhance their capacity tocapture impacts

GREEN INITIATIVES• Continuing from the last year, we have installed 650 smokeless stoves in 32 villages in Bandipur, Karnataka. This

helped in reducing cooking time for women with lower fuel consumption requirement. Forest resources were conservedand human-animal conflict in a sensitive ecosystem was minimized.

• ING is committed to promoting renewable energy

• We installed solar lights in one of our partner NGO’s Inclusive school in Bangalore

• We have lit up 20 villages in Gajapati, Odisha aimed towards promoting education for children and also to enablesafe -living for the tribal community who resides in the deep jungle areas.

• The Bank has sustained its efforts in the area of energy conservation and has registered an overall saving of 2.08 millionKWh since 2009 across its two corporate locations at Bengaluru and Mumbai. Over the last year we saved about 15.5%at our Mumbai Office amounting to over 0.24 million units.

• The bank has been an active supporter of the Earth Hour and have organized interaction, awareness programs, clientengagement and switching off lights for an hour in our offices.

The Bank and ING Vysya Foundation has contributed to sustainable development through initiatives in children’s education, financial inclusion, renewable energy and other green initiatives.

Corporate Social Responsibility


FY 13-14 FY12-13 FY 11-12 FY 10-11 FY 09-10 FY 08-09 FY 07-08 FY 06-07 FY 05-06CAGR FY

06-14 (%)

CA 70,079 73,169 64,204 51,223 41,063 33,334 33,462 19,076 15,218 21%

SA 67,508 61,183 56,429 53,515 43,350 33,984 31,232 25,639 20,935 16%

TD 212,540 212,122 177,739 156,544 131,312 163,451 118,811 103,038 81,273 13%

CD 62,041 66,867 53,582 40,661 42,929 18,126 21,071 6,433 15,927 19%

Total Deposits 412,168 413,340 351,954 301,942 258,653 248,895 204,576 154,186 133,353 15%

CASA% 33.38% 32.50% 34.28% 34.69% 32.64% 27.05% 31.62% 29.00% 27.11%

FY 13-14 FY12-13 FY 11-12 FY 10-11 FY 09-10 FY 08-09 FY 07-08 FY 06-07 FY 05-06CAGR FY

06-14 (%)

Capital and Reserves 70,713 46,268 39,798 26,243 23,309 17,029 15,357 11,033 10,197 27%

Deposits 412,168 413,340 351,954 301,942 258,653 248,895 204,576 154,186 133,353 15%

Borrowings 96,685 65,113 56,965 41,469 36,714 31,853 17,467 14,812 15,694 26%

Liab. & Provisions 24,566 23,644 21,121 20,323 19,816 20,805 18,015 12,832 8,423 14%

Total Liabilities 604,132 548,364 469,838 389,977 338,492 318,582 255,415 192,863 167,667 17%

Cash, Inter-bank, etc 58,261 28,335 32,306 25,214 30,270 22,816 31,852 15,923 11,233 23%

Investments 167,208 182,782 127,155 110,583 105,094 104,955 62,933 45,278 43,723 18%

Advances 358,289 317,720 287,214 235,868 184,780 167,522 146,512 119,803 102,350 17%

Fixed Assets 5,245 4,996 5,008 5,028 4,959 4,372 3,992 3,960 4,054 3%

Other Assets 15,130 14,531 18,155 13,284 13,388 18,916 10,126 7,900 6,306 12%

Total Assets 604,132 548,364 469,838 389,977 338,492 318,582 255,415 192,863 167,667 17%

31

Balance SheetRs Mn



FY 13-14 FY 12-13 FY 11-12 FY 10-11 FY 09-10 FY 08-09 FY 07-08 FY 06-07 FY 05-06 CAGR FY 06-14 (%)

Net Interest Income 17,532 15,386 12,083 10,065 8,298 6,496 4,984 4,456 4,063 20%

Other Income 8,671 7,269 6,698 6,550 5,895 5,477 3,982 2,522 2,110 19%

Total Income 26,203 22,655 18,781 16,615 14,193 11,973 8,966 6,978 6,172 20%

Staff expenses 8,423 7,507 6,510 6,057 4,289 3,922 3,024 2,272 2,250 18%

Other expenses 5,893 5,221 4,592 4,204 3,793 3,802 3,071 2,778 2,895 9%

Total Expenses 14,316 12,728 11,102 10,260 8,081 7,725 6,095 5,050 5,146 14%

Operating Profit 11,886 9,927 7,679 6,355 6,112 4,248 2,871 1,928 1,027 36%

Exceptional Items (611) 307 204 335

Op. Profit after exceptional Items 11,275 9,927 7,679 6,355 6,419 4,248 3,075 2,263 1,027 35%

Provisions 1,498 912 1,137 1,516 2,704 1,302 560 987 812 8%

Profit before tax 9,778 9,014 6,542 4,839 3,714 2,947 2,515 1,276 215 61%

Taxes 3,199 2,885 1,979 1,652 1,293 1,059 945 387 125 50%

Net Profit 6,579 6,130 4,563 3,186 2,422 1,888 1,569 889 91 71%

32

Profit & Loss


Rs Mn


Key Ratios


* Capital Adequacy Ratio as per Basel III for FY14, as per Basel II from FY 08-09 to FY 12-13 and as per Basel I up to FY 07-08

FY 13-14 FY 12-13 FY 11-12 FY 10-11 FY 09-10 FY 08-09 FY 07-08 FY 06-07 FY 05-06

Net Interest Margin 3.52% 3.52% 3.30% 3.25% 3.22% 2.84% 2.77% 2.79% 2.73%

Yield on Advances 11.62% 11.88% 11.54% 10.06% 10.54% 11.48% 10.49% 9.33% 8.78%

Cost of Deposits 7.25% 7.25% 6.99% 5.25% 5.33% 6.83% 6.28% 5.27% 4.87%

Cost Income Ratio 56.97% 56.18% 59.11% 61.75% 55.73% 64.52% 66.47% 69.05% 83.36%

Return on Assets 1.20% 1.26% 1.09% 0.89% 0.80% 0.70% 0.74% 0.52% 0.05%

Return on Equity 10.29% 14.22% 12.73% 12.83% 11.81% 11.63% 12.03% 8.34% 0.90%

CASA Ratio 33.38% 32.50% 34.28% 34.69% 32.64% 27.05% 31.62% 29.00% 27.11%

Credit-Deposit Ratio 86.93% 76.87% 81.61% 78.12% 71.44% 67.31% 71.62% 77.70% 76.75%

Gross NPA Ratio 1.77% 1.76% 1.92% 2.30% 2.96% 1.86% 1.38% 2.55% 4.09%

Net NPA Ratio 0.28% 0.03% 0.18% 0.39% 1.20% 1.20% 0.70% 0.95% 1.76%

Provision Coverage Ratio 84.17% 98.40% 90.67% 83.41% 60.19% 36.01% 49.19% 63.32% 57.79%

Capital Adequacy Ratio* 16.76% 13.24% 14.00% 12.94% 14.91% 11.65% 10.20% 10.56% 10.67%


DisclaimerCertain statements in these slides are forward-looking statements. These statements are based on management’s currentexpectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from thoseincluded in these statements due to a variety of factors.

All financial and other information in these slides, is on an unconsolidated basis for ING Vysya Bank Limited only unlessspecifically stated to be on a consolidated basis for ING Vysya Bank Limited and its subsidiaries. Please also refer to thestatement of financial and segmental results required by Indian regulations that has been filed with the stock exchanges inIndia and is available in our website www.ingvysyabank.com. This presentation may not be all inclusive and may not contain allof the information that you may consider material.


For further information please contact : [email protected]

Investor Presentation Q4 FY14 1

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