Financial Performance
The Asset Base of the Bank, inching towards the landmark of ₹2 lakh crore, stood at ₹1,92,322 crore at the end of FY 2021, a Y-o-Y growth of 2.6%.
Loans and Advances stood at ₹1,56,233 crore as of March 31, 2021, a decline of 5.6% as compared to FY 2020.
Total Income for FY 2021 stood at ₹11,166 crore, a decline of 7.6% as compared to FY 2020. Net Interest Income for FY 2021 grew by 11.5% to ₹3,678 crore, driven by a 0.10% growth in Net Interest Margin.
Operating expense for FY 2021 was ₹560 crore, a Y-o-Y decline of 7.8% from FY 2020. The Cost-to-Income ratio improved by two percentage points in FY 2021 and stood at 12% on March 31, 2021.
The Bank registered its highest ever Net Profit of ₹2,398 crore during FY 2021, an increase of 3.6% as compared to FY 2020.
Gross NPA stood at 0.18% and Net NPA stood at 0.12% as on March 31, 2021, an improvement of 0.45% and 0.28%, respectively, as compared to FY 2020.
Earnings per Share (EPS) increased to ₹45.09 in FY 2021 from ₹43.51 in FY 2020.
