Investor Presentation Q1FY20-June 2019 Strictly confidential
Disclaimer This presentation has been prepared by The Lakshmi Vilas Bank Limited (the “Bank”) solely for information purposes without regard to any specific objectives, financial situations or informational needs of any particular person. This presentation should not be construed as legal, tax, investment or other advice. This presentation is may not be copied, distributed or disseminated, directly or indirectly, in any manner. Furthermore, no person is authorized to give any information or make any representation which is not contained in, or is inconsistent with, this presentation. Any such extraneous or inconsistent information or representation, if given or made, should not be relied upon as having been authorized by or on behalf of the Bank. This presentation contains statements that constitute forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Bank or its directors and officers with respect to the results of operations and financial condition of the Bank. These statements can be recognized by the use of words such as “expects,” “plans,” “will,” “estimates,” “projects,” or other words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those specified in such forward-looking statements as a result of various factors and assumptions. The risks and uncertainties relating to these statements include, but are not limited to, (i) fluctuations in earnings, (ii) the Bank’s ability to manage growth, (iii) competition, (iv) government policies and regulations, and (v) political, economic, legal and social conditions in India. The Bank does not undertake any obligation to revise or update any forward-looking statement that may be made from time to time by or on behalf of the Bank. Given these risks, uncertainties and other factors, viewers of this presentation are cautioned not to place undue reliance on these forward-looking statements. The information contained in this presentation is only current as of its date and has not been independently verified. The Bank may alter, modify or otherwise change in any manner the contents of this presentation, without obligation to notify any person of such revision or changes. No representation, warranty, guarantee or undertaking, express or implied, is or will be made as to, and no reliance should be placed on, the accuracy, completeness, correctness or fairness of the information, estimates, projections and opinions contained in this presentation. None of the Bank or any of its affiliates, advisers, directors, officers, agents or representatives accept any liability whatsoever for any loss howsoever arising from any information presented or contained in this presentation. Please note that the past performance of the Bank is not, and should not be considered as, indicative of future results. This presentation does not constitute or form part of and should not be construed as, directly or indirectly, any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Bank by any person in any jurisdiction, including in India or the United States, nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any investment decision or any contract or commitment therefore. This presentation is not a prospectus, a statement in lieu of a prospectus, an offering circular, an advertisement or an offer document under the Companies Act, 2013, as amended, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, or any other applicable law in India. 2
Table of Contents 1 Lakshmi Vilas Bank - Overview Business Highlights 2 Strategy 3 Financials of FY 2019 4 Merger with Indiabulls - Update 6 3
1 Lakshmi Vilas Bank- Overview 4
Lakshmi Vilas Bank- Overview Shareholding (as of 30 th June 2019) Overview One of the oldest banks in the history of banking in India; instituted in 1926 Mainly caters to the South of India with 50 % concentration of business in Tamil Nadu Promoter & Promoter group & Puduchery 7.1% Wide coverage and distribution network with presence in 18 states and 1 Union Territory across India Instn Holdings Consistent growing bank book since FY13 ( Loan book 1.9x of FY19 wrt.. FY14) 19.9% Highly experienced management team with an average of 22-29 years of experience Others Focus on CASA; Retail and MSME the cash cows of future; Corporate Adv. continues 73.0% to be 35% of book Bank recently announced the amalgamation with Indiabulls Housing Finance, subject to RBI and other regulatory and statutory approvals 22.5 lakh 4,845 Over 20 lakh 1,047 19 states 569 accounts employees customers ATMs incl. UT branches Deposit and Advances Evolution Deposits (INR cr) Advances (INR cr) 33,309 30,553 25,768 29,279 28,980 23,729 21,956 25,431 20,556 19,644 21,964 16,352 18,573 12,888 FY14 FY15 FY16 FY17 FY18 FY19 Jun-19 FY14 FY15 FY16 FY17 FY18 FY19 Jun-19 5
Offering Diverse Range of Products and Services Retail Banking Group Deposits Caters to individuals, HUFs, trusts and clubs As Q1FY20, 10. % of Bank’s loans and advances to retail banking customers Retail Banking Retail Asset Centers in Chennai & Group Bengaluru servicing local mrkts Agri, Commercial & Development Insurance Loans Banking group Caters to MSMEs, emerging businesses Strategic Business with revenues up to INR 75 crore Units annually, and agricultural and allied rural services businesses Corporates Agri, Commercial & As of 30 th June 2019, 55% of Bank’s Banking Development loans and advances to MSME group Banking group /Rural//Commercial banking customers Corporates Banking group Mutual Fund Internet Caters to business with revenues above Distribution Banking INR 75 crore annually As of 30 st June 2019, 35% of Bank’s loans and advances to Corporate banking customers 6
Guided by Experienced Board of Directors Smt. Supriya Prakash Sen Shri B K Manjunath Independent and Non-Executive director Non-Executive Chairman and Independent Director With Bank since 2017 Joined Bank in Q1 FY2020 Practicing Chartered Accountant BFSI expert & Director in ASEAN Financial Net work in Singapore Shri Parthasarathi Mukherjee Smt Anuradha Pradeep Managing Director and Chief Executive Officer Non-Independent and Non-Executive Director With Bank since 2016 With Bank Since 2017 Former Group Executive at Axis Bank Independent Legal practitioner by profession practicing in the High Court of Karnataka Dr Y N Lakshminarayana Murthy Shri G Sudhakara Gupta Independent and non – executive Director Non-Independent and Non-Executive Director With Bank since 2017 With Bank since 2016 Former Director at XS Real Properties Private Limited Ph.D. holder in Soil Science and Agricultural Chemistry Shri Suvendu Pati Shri H S Upendra Kamath RBI nominee Director Independent and non-executive Director With Bank since 2018 General Manager at RBI Former Director at Canara Bank, Chairman and Managing Director at Vijaya Bank, Former MD and CEO at Tamilnad Mercantile Bank 7 Shri N Saiprasad Shri Rajnish Kumar Non-Independent and Non-Executive Director RBI nominee Director With Bank; rejoined in 2019 General Manager at RBI Managing Partner in M/s Venkateswara Exports, Karur 7
Awards IDRBT BANKING TECHNOLOGY EXCELLENCE AWARDS NATIONAL PAYMENTS CORPORATION OF INDIA Felicitates 2014-15 - BEST BANK AWARD (AMONG SMALL BANKS) LAKSHMI VILAS BANK for FASTEST CTS for MANAGING IT INFRASTRUCTURE AMONG SMALL IMPLEMENTATION in CHENNAI BANKS NATIONAL PAYMENTS EXCELLENCE AWARDS BEST CIO CLUB IT AWARD 2017 FINALIST 2014 – Winner (Scheduled Banks – Small Bank Category) for BSE – CIO KLUB OF THE YEAR 2017 Excellent Performance in National Automated Clearing for Banking Category House - 3rd December 2014 CIO100 SPECIAL AWARDS 2015 - Winner - CLOUD MEDAL OF HONOUR for SUCCESSFUL DIGITAL CONQUEROR HONOREE 2015 -IDG award for Cloud ODYSSEY 2017 Implementation DQLIVE BUSINESS EXCELLENCE AWARDS IDC INSIGHTS AWARDS 2018 for 2015 for EXCELLENCE IN THE IMPLEMENTATION & EXCELLENCE IN OMNI EXPERIENCE USE OF TECHNOLOGY FOR BUSINESS BENEFITS 8
2 Business Highlights 9
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