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11 Hemanta Basu Sarani
Kolkata – 700001
Website
www.unitedbankofindia.com
E-mail
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Annual Report
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ó
BRIEF HISTORY OF THE BANK
History of United Bank of India dates back to 1914. Comilla Banking Corporation Ltd. (established in
1914), Comilla Union Bank Ltd. (established in 1922) and Hooghly Bank Ltd. (established in 1932)
amalgamated with Bengal Central Bank Ltd., formed on October 12, 1950, originally established in 1918 as
Bengal Central Loan Company Ltd. to form United Bank of India Ltd. on December 18, 1950. On July 19,
1969, the Bank was nationalized along with 13 other Banks as a Corresponding New Bank. Subsequently,
Cuttack Bank Ltd., Tezpur Industrial Bank Ltd., Hindustan Mercantile Bank Ltd., and Narang Bank of India
Ltd. were merged with the Bank. The Head Office of the Bank was situated at 4, Clive Ghat Street (presently
known as N. C. Dutta Sarani), Kolkata - 700001 from where it was shifted to United Tower, it’s present Head
Office in 1971.
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To emerge as a dynamic, techno savvy, customer- centric, progressive and financially sound premier bank of
our country with pan India presence, sharply focused on business growth and profitability, with due
emphasis on risk management in an environment of professionalism, trust and transparency, observing
highest standards of corporate governance and corporate social responsibilities, meeting the expectations of
all its stakeholders as well as the aspirations of its employees.
Essentially, Pursuit of Excellence is going to be core philosophy and driving force for the bank.
7
2012-13
Performance Highlights of
Financial Year 2012-13
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8
Annual Report
2012-13
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9
2010-11
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2012-13
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700 001
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UNITED BANK OF INDIA
HEAD OFFICE: UNITED TOWER
11 HEMANTA BASU SARANI
KOLKATA – 700001
NOTICE
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F NOTICE IS HEREBY GIVEN that pursuant to Regulation 48 of
2010 =
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U the United Bank of India (Shares & Meetings) Regulations 2010,
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W the fourth Annual General Meeting of the shareholders ofst
UNITED BANK OF INDIA will be held on Friday, June 21
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14
“RESOLVED THAT, pursuant to the provisions of the
Banking Companies (Acquisition and Transfer of
Undertakings) Act, 1970 (Act), The Nationalised Banks
(Management and Miscellaneous Provisions) Scheme, 1970
(Scheme) and the United Bank of India (Shares and
Meetings) Regulations, 2010 and subject to the approvals,
consents, sanctions, if any, of the Reserve Bank of India
(“RBI”), the Government of India (“GOI”), the Securities
and Exchange Board of India (“SEBI”), and / or any other
authority as may be required in this regard and subject to
such terms, conditions and modifications thereto as may be
prescribed by them in granting such approvals and which
may be agreed to by the Board of Directors of the Bank and
subject to the regulations viz., SEBI(Issue of Capital and
Disclosure Requirements) Regulations, 2009 (ICDR
Regulations) / guidelines, if any, prescribed by the RBI,
SEBI, notifications/circulars and clarifications under the
Banking Regulation Act, 1949, Securities and Exchange
Board of India Act, 1992 and all other applicable laws and
all other relevant authorities from time to time and subject to
the Listing Agreements entered into with the Stock
Exchanges where the equity shares of the Bank are listed,
consent of the shareholders of the Bank be and is hereby
accorded to the Board of Directors of the Bank (hereinafter
called “the Board” which shall be deemed to include any
Committee which the Board may have constituted or
hereafter constitute to exercise its powers including the
powers conferred by this Resolution) to offer, issue and allot
(including with provision for reservation on firm allotment
Annual Report
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2012-13
and/or competitive basis of such part of issue and for such
categories of persons as may be permitted by the law then
applicable) by way of an offer document/prospectus or such
other document, in India or abroad, such number of equity
shares of the face value of Rs.10 each and in any case not
exceeding Rs. 1000 Crore (Rupees One Thousand Crore)
including premium which, together with the existing Paidup Equity share capital of Rs. 374.71 crore shall be within
the total authorized capital of the Bank of Rs.3000 crore,
being the ceiling as per Section 3(2A) of the Banking
Companies (Acquisition and Transfer of Undertakings) Act,
1970 or to the extent of enhanced Authorised Capital as per
the Amendment (if any ), that may be made to the Act in
future, in such a way that the Central Govt. shall at all times
hold not less than 51% of the paid-up Equity capital of the
Bank , whether at a discount or premium to the market price,
in one or more tranches, to one or more of the members,
employees of the Bank, Indian nationals, Non-Resident
Indians (“NRIs”), Companies - private or public,
Investment Institutions, Societies, Trusts, Research
Organizations, Qualified Institutional Buyers (“QIBs”) like
Foreign Institutional Investors (“FIIs”), Banks, Financial
Institutions, Indian Mutual Funds, Venture Capital Funds,
Foreign Venture Capital Investors, State Industrial
Development Corporations, Insurance Companies,
Provident Funds, Pension Funds, Development Financial
Institutions or other entities, authorities or any other
category of investors which are authorized to invest in equity
/ preference shares / securities of the Bank as per extant
regulations/guidelines or any combination of the above as
may be deemed appropriate by the Bank."
“RESOLVED FURTHER THAT, such issue, offer or
allotment shall be by way of public issue, rights issue, or
such other issue which may be provided by applicable laws,
with or without over-allotment option and that such offer,
issue, placement and allotment be made as per the provisions
of the Banking Companies (Acquisition and Transfer of
Undertakings) Act, 1970, the SEBI (Issue of Capital and
Disclosure Requirements) Regulations, 2009 (“ICDR
Regulations”) and all other guidelines issued by the RBI,
SEBI and any other authority as applicable, and at such time
or times in such manner and on such terms and conditions as
the Board may, in its absolute discretion, think fit."
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the authority to decide, at such price or prices in such manner
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15
and where necessary in consultation with the lead managers
and /or underwriters and /or other advisors or otherwise on
such terms and conditions as the Board may, in its absolute
discretion, decide in terms of ICDR Regulations, other
regulations and any and all other applicable laws, rules,
regulations and guidelines, to issue such securities to
investors, whether or not such investor(s) are existing
members of the Bank, at a price not less than the price as
determined in accordance with relevant provisions of ICDR
Regulations."
2012-13
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16
“RESOLVED FURTHER THAT, in accordance with the
provisions of the Listing Agreements entered into with
relevant stock exchanges, the provisions of Banking
Companies (Acquisition and Transfer of Undertakings) Act,
1970, the provisions of the United Bank of India (Shares and
Meetings) Regulations, 2010, the provisions of ICDR
Regulations, the provisions of the Foreign Exchange
Management Act, 1999 and the Foreign Exchange
Management (Transfer or Issue of Security by a Person
Resident Outside India) Regulations, 2000, and subject to
requisite approvals, consents, permissions and/or sanctions
of Securities and Exchange Board of India (SEBI), Stock
Exchanges, Reserve Bank of India (RBI), Foreign
Investment Promotion Board (FIPB), Department of
Industrial Policy and Promotion, Ministry of Commerce
(DIPP ) and all other authorities as may be required
(hereinafter collectively referred to as “the Appropriate
Authorities”) and subject to such conditions as may be
prescribed by any of them while granting any such approval,
consent, permission and/or sanction (hereinafter referred to
as “the requisite approvals”) the Board may, at its absolute
discretion, issue, offer and allot, from time to time in one or
more tranches, equity shares or any securities other than
warrants, which are convertible into or exchangeable with
equity shares at a later date, in such a way that the Central
Government at any time holds not less than 51% of the
Equity Capital of the Bank, to QIBs (as defined in Chapter
VIII of the ICDR Regulations) pursuant to a qualified
institutional placement, as provided for under Chapter VIII
of the ICDR Regulations, through a placement document
and/or such other documents / writings / circulars /
memoranda and in such manner and at such price, on such
terms and conditions as may be determined by the Board in
accordance with the ICDR Regulations or other provisions
of the law as may be prevailing at the time; provided the
price inclusive of the premium of the equity shares so issued
shall not be less than the price arrived in accordance with the
relevant provisions of ICDR Regulations."
"RESOLVED FURTHER THAT, in case of a qualified
institutional placement pursuant to Chapter VIII of the
ICDR Regulations, the allotment of Securities shall only be
to QIBs within the meaning of Chapter VIII of the ICDR
Regulations, such Securities shall be fully paid-up and the
allotment of such Securities shall be completed within 12
months from the date of this resolution."
"RESOLVED FURTHER THAT, in case of QIP issue the
relevant date for the determination of the floor price of the
securities shall be in accordance with the ICDR
Regulations."
“RESOLVED FURTHER THAT, the Board shall have the
authority and power to accept any modification in the
proposal as may be required or imposed by the GOI / RBI /
SEBI/Stock Exchanges where the shares of the Bank are
listed or such other appropriate authorities at the time of
Annual Report
2012-13
according / granting their approvals, consents, permissions
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of new equity shares / preference shares/ securities if any, to
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J NRIs, FIIs and/or other eligible foreign investors be subject
to the approval of the RBI under the Foreign Exchange
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“RESOLVED FURTHER THAT, the said new equity
shares to be issued shall be subject to the United Bank of
India (Shares and Meetings) Regulations, 2010 as amended
and shall rank in all respects pari passu with the existing
equity shares of the Bank including dividend, if any, in
accordance with the statutory guidelines that are in force at
the time of such declaration."
"RESOLVED FURTHER THAT, for the purpose of giving
effect to any issue or allotment of equity shares/preference
shares/securities, the Board, be and is hereby authorized to
determine the terms of the public offer, including the class of
investors to whom the securities are to be allotted, the
number of shares/ securities to be allotted in each tranche,
issue price, premium amount on issue as the Board in its
absolute discretion deems fit and do all such acts, deeds,
matters and things and execute such deeds, documents and
agreements, as the Board may, in its absolute discretion,
deem necessary, proper or desirable, and to settle or give
instructions or directions for settling any questions,
difficulties or doubts that may arise in regard to the public
offer, issue, allotment and utilization of the issue proceeds,
and to accept and to give effect to such modifications,
changes, variations, alterations, deletions, additions as
regards the terms and conditions, as it may, in its absolute
discretion, deem fit and proper in the best interest of the
Bank, without requiring any further approval of the
members and that all or any of the powers conferred on the
Bank and the Board vide this resolution may be exercised by
the Board."
"RESOLVED FURTHER THAT, the Board be and is
hereby authorized to enter into and execute all such
arrangements with any Lead Manager(s), Banker(s),
Underwriter(s), Depository (ies) and all such agencies as
may be involved or concerned in such offering of equity /
preference shares/ securities and to remunerate all such
institutions and agencies by way of commission, brokerage,
fees or the like and also to enter into and execute all such
arrangements, agreements, memoranda, documents, etc.,
with such agencies."
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persons as appointed by the Bank, be and is hereby
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º authorized to determine the form and terms of the issue(s),
17
2012-13
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including the class of investors to whom the shares/
securities are to be allotted, number of shares/ securities to
be allotted in each tranche, issue price (including premium,
if any), face value, premium amount on issue/conversion of
Securities/exercise of warrants/redemption of Securities,
rate of interest, redemption period, number of equity shares
/preference shares or other securities upon conversion or
redemption or cancellation of the Securities, the price,
premium or discount on issue/conversion of Securities, rate
of interest, period of conversion, fixing of record date or
book closure and related or incidental matters, listings on
one or more stock exchanges in India and / or abroad, as the
Board in its absolute discretion deems fit."
"RESOLVED FURTHER THAT, such of these shares /
securities as are not subscribed may be disposed off by the
Board in its absolute discretion in such manner, as the Board
may deem fit and as permissible by law."
"RESOLVED FURTHER THAT, for the purpose of
giving effect to this Resolution, the Board, be and is hereby
authorised to do all such acts, deeds, matters and things as it
may in its absolute discretion deem necessary, proper and
desirable and to settle any question, difficulty or doubt that
may arise in regard to the issue of the shares/ securities and
further to do all such acts, deeds, matters and things, finalize
and execute all documents and writings as may be necessary,
desirable or expedient as it may in its absolute discretion
deem fit, proper or desirable without being required to seek
any further consent or approval of the shareholders or
authorise to the end and intent, that the shareholders shall be
deemed to have given their approval thereto expressly by the
authority of the Resolution."
“RESOLVED FURTHER THAT, the Board be and is
hereby authorized to delegate all or any of the powers herein
conferred to the Chairperson and Managing Director or to
the Executive Director(s) to give effect to the aforesaid
Resolutions."
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By order of the Board of Directors
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Bikramjit Shom
Company Secretary
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2013
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Date : May 14th, 2013
Place : Kolkata
18
Annual Report
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2012-13
NOTES:
1. APPOINTMENT OF PROXY
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62 PURSUANT TO REGULATION 62 OF THE UNITED BANK
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2013 HEAD OFFICE, 11, HEMENTA BASU SARANI, 4TH FLOOR,
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THE CLOSING BUSINESS HOURS OF SATURDAY, JUNE
15th 2013.
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k However a proxy so appointed shall not have any right to speak at
the meeting.
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An instrument of proxy deposited with the Bank shall be
irrevocable and final.
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F In case an instrument of proxy is granted in favour of two grantees
in the alternative, not more than one form shall be executed.
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F The grantor of an instrument of proxy under Regulation 62(vi) of
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OF THE SHAREHOLDERS OF THE BANK AS THE DULY
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BEEN DEPOSITED TO THE BANK AT ITS SHARE
DEPARTMENT & INVESTORS GRIEVANCE CELL, AT
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KOLKATA – 700 001 NOT LESS THAN FOUR DAYS
BEFORE THE DATE OF THE MEETING I.E. ON OR BEFORE
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General Meeting and for the purpose of determining the
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5. PAYMENT OF DIVIDEND
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in the Register of shareholders as on Friday, June 7th 2013,
after giving effect to the valid transfer requests received from
the shareholders holding shares in physical form, before
close of business hours as on Friday, June 7th 2013.
Annual Report
2012-13
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6. UNPAID/UNCLAIMED DIVIDEND
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fĭyears shall be transferred to the Investor Education and Protection
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The shareholders who have not encashed their dividend warrants
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7. DETAILS OF BANK ACCOUNT IN DIVIDEND
WA R R A N T / F O R E L E C T R O N I C PAY M E N T
(e-PAYMENT)
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The Bank will credit the dividend amounts to the bank accounts of
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The shareholders who are holding the shares in demat form may
approach their DEPOSITORY PARTICIPANTS ONLY for
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Link Intime India Pvt. Ltd.
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8.6. Recording of Change of Status
Non Resident shareholders are requested to inform the Registrar
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of the Bank with PIN, if not submitted earlier.
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9. COMPULSORY TRADING OF SHARES OF THE BANK
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IN DEMATERIALISED (DEMAT) FORM
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on the Stock Exchanges in dematerialized form only.
The bank has entered into an agreement with National Securities
22
Annual Report
2012-13
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Request for dematerialization may be sent through respective
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fidepository participants to our Registrars and Share Transfer
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10. UNCLAIMED SHARES
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°
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Y:
The details of unclaimed shares are as under:
I) Shares outstanding/unclaimed as on April 01, 2012-
7107
i)
01 E
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2012 ∂
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:
7107
ii) Shares transferred to Beneficiary till March 31, 2013 -
NIL
ii)
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a 2013 ∂
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iii) Shares outstanding/unclaimed as on March 31, 2013 -
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iii)
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The voting rights in respect of the unclaimed/outstanding shares
shall remain frozen till claimed by the rightful owners.
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11. SHAREHOLDERS' QUERIES
11. Ë
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fi
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=
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It will be appreciated if shareholders submit their queries, if any,
sufficiently
in advance to facilitate effective response from the
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Bank. Queries may be sent to the Company Secretary at the –
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700 001
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¤
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F
:
investors@unitedbank.co.in
Share Department & Investors Grievance Cell,
United Bank of India,
Head Office,
11, Hementa Basu Sarani,
Kolkata 700001
or emailed to investors@unitedbank.co.in
12. Voting Rights
12. ¤
F
∂
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F
P
Õ
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=
+
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fi
:
Pursuant to the provisions of Section 3(2E) of the Banking
Companies (Acquisition & Transfer of Undertakings) Act 1970,
Ÿ
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=
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;
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=
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—
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1970 =
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F no shareholder of the Bank other than the Central Government,
3(2G
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U shall be entitled to exercise voting rights in respect of any shares
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10% ı
F
WE
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=
+ held by him in excess of 10% of the total voting rights of all
shareholders of the Bank.
=
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—
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ı
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13. Explanatory Statement Setting Out Material Facts
13.
Ê
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=
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E
Z
fi
ı
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kŸ
F
kP
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;
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k=
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=
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¤
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=
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3000 =
+
fi
X
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s fl
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Yó 31 ¤
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F
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a 2013 =
+
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=
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©
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374.707 =
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F
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82,232% ˘
Yó 31 ¤
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a 2013 =
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23
The Bank is in the business of the banking and related
activities. Presently, the Authorized Capital of the Bank is
Rs.3000 Cr. The Paid-up Equity Share Capital of the Bank
as on 31st March 2013 was Rs.374.707 Cr.
Presently, the shareholding of Government of India in our
Bank is 30.81 Cr. constituting 82.232% of the total paid-up
capital of the Bank. The Capital fund to Risk Weighted
Assets as on March 31, 2013 was as under.
2012-13
(31.03.2013
=
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fi
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fi
ı
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∏
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%
Particulars (As on
31.03.2013)
62429
Amount
in ` Cr.
Rish Weighted Assets
62429
% of capital funds to risk
weighted asset
©
U
‹
F
fi
F
[k°
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U
I—
5242
8.40
Tier-I Capital
5242
8.40
‹
©
U
‹
F
fi
F
[k°
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U
II —
2037
3.26
Tier-II Capital
2037
3.26
=
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·
F
—
F
[k°
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U
7279
11.66
Total Capital
7279
11.66
;
F
)
31 ¤
F
F
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a,
2013 ∂
F
=
+
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F
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F
·
F
II ¤
F
F
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F
º
k∞
=
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F
fi
,
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F
Yk=
+
=
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[k°
F
U
P
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F
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fl
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‹
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W 7279 =
+
fi
X
∞
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Z
fi
ı
F
U
E
F
fi
J
E
F
fi
@ 11.66% (
©
U
‹
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fi
1 @
8.40%) ª
F
F
ó
As on 31st March 2013, Capital fund of the Bank is at
Rs.7279 cr. and CRAR @ 11.66% (Tier 1 @ 8.40%) under
Basel-II Norms.
d)
Under Basel-III Norms, Capital fund of the Bank is at
Rs.6686 cr. and CRAR @10.58% (Tier 1 @ 7.61% and
CET @6.87%) as on 31.03.2013.
e)
The Bank is targeting a total business of Rs. 220000/- cr. as
on 31.03.2014.
f
F
)
Ÿ
F
Yı
F
W·
F
III =
W+
¤
F
F
Œ
F
º
k∞
=
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F
fi
,
31 ¤
F
F
òF
a 2013 ∂
F
=
+
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F
Yk=
+
=
+
U
—
F
[k°
F
U
P
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F
P
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F
fl
—
F
‹
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W 6686 =
+
fi
X
∞
sE
Z
fi
ı
F
U
E
F
fi
J
E
F
fi
@ 10.85% (
©
U
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As on 31.03.2014, the Bank's Capital fund position is
estimated at Rs.6437 cr. under Basel-III norms excluding
internal generation and any further capital infusion
during 2013-14.
With the estimated business growth in 2013-14, the Bank
requires capital of Rs. 9376 Cr. i.e. additional capital of
Rs. 2939 Cr. to maintain CRAR @ 11.5% under Basel-III
regulation.
This additional capital requirement can be met by a
combination of internal generation, issuance of equity and
BASEL III compliant debt instruments.
In order to meet the requirement of additional capital funds
for expanding and achieving the targeted business growth
and for general lending purposes the Bank proposes to raise
funds by way of Follow-on Public Offer, Qualified
Institutional Placement(s), or such other suitable means, by
issuance of equity shares of Rs.10/- each at such price as
may be determined close to the issue.
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24
The relevant date for the purpose of pricing of the Equity
Shares would, pursuant to Chapter VIII of the Securities and
Exchange Board of India (Issue of Capital and Disclosure
Requirements) Regulations 2009, as amended (“SEBI
(ICDR) Regulations”), and/or other applicable regulations,
be the date of the meeting in which the Board or duly
authorised committee thereof decides to open the proposed
issue of the equity shares, subsequent to the receipt of
Members' approval in terms of Section 81(1A) and other
applicable provisions, if any of the Act and other applicable
laws, rules, regulations and guidelines in relation to the
proposed issue of equity shares;
Annual Report
2012-13
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Regulations.
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As the pricing of the offer cannot be decided except at a later
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issued. However, the same would be in accordance with the
provisions of the ICDR Regulations, the Banking
Companies (Acquisition and Transfer of Undertakings) Act,
1970 and the Bank's (Shares and Meetings) Regulations, as
amended from time to time or any other guidelines /
regulations / consents as may be applicable or required.
ii) The issue and allotment of Securities shall be made only
to Qualified Institutional Buyers (QIBs) within the
meaning of SEBI (ICDR) Regulations and such
Securities shall be fully paid up on its allotment, which
shall be completed within 12 months of the date of
passing this Resolution;
vi) The equity shares allotted, shall rank pari passu in all
respects with the existing equity shares of the Bank
including dividend.
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Bank is required to obtain the consent of the shareholders by
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the above proposal.
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The Board of Directors recommends passing of the Resolutions
as mentioned in the notice.
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shareholding in the Bank.
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By order of the Board of Directors
Bikramjit Shom
Company Secretary
Dated May 14th, 2013, Kolkata
Place : Kolkata
25
2012-13
DIRECTORS' REPORT
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k The Board of Directors have pleasure in presenting the 63rd
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a 2012-13 Annual Report of the Bank along with the Audited Balance Sheet,
Profit and Loss Account and the report on Business and
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F Operations for the year ended March 31, 2013 (FY-2012-13).
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MANAGEMENT DISCUSSION AND ANALYSIS
I.
ECONOMIC ENVIRONMENT
Global Economy: The Global economy looked a bit comfortable
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Indian Economy:
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the increase of 14.4 per cent in March 2012. Within Services,
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+
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to Transport Operators, Shipping, Tourism, Hotels &
E
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Restaurants, and Commercial Real Estate grew the slowest.
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a 2012 ¤
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Wk Credit to NBFCs increased by 14.7 per cent in March 2013 as
compared with the increase of 23.9 per cent in March 2012.
23.9% Ê
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Inflation:
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:
Headline inflation, as measured by the wholesale price index
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a 2012-13 ¤
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F (WPI), moderated to an average of 7.3 per cent in 2012-13.
;
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Non-food manufactured products inflation ruled above the
comfort level in the first half of 2012-13 but declined in the
;
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2012-13 =
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ö ¤
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U second half to come down to 3.5 per cent by March, reflecting
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26
Annual Report
2012-13
Ê
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a 2012-13 ¤
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F Retail inflation, as measured by the consumer price index (CPI)
10.2% ¤
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a averaged 10.2 per cent during 2012-13. Even after excluding food
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reigning in double digit without any break since, December, 2012.
ı
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External Sector:
Ÿ
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:
The merchandise export in 2012-13 reached $300.6 billion,
Ê
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a 2012-13 ¤
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$ 300.6 P
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Œ
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a 2011-12 ¤
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$ 306.00 P
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F 2011-12 was $306.00 billion. This is due to crisis ridden Euro
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Cumulative value of imports for the period April-March, 2012-13
E
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$ 491.5 P
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$ 489.3 P
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growth of 0.44 per cent.
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ı
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=
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;
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ª
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F
ı
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U
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F
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ı
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fi
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F is expected to have narrowed on the back of turnaround in export
P
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F
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fi
ı
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=
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fi
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F
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F
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F
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F
fi
P
ı
F
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W in oil and gold prices will also help moderation in current account.
Despite these factors, the CAD is likely to remain above
I
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F
fi
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sustainable level.
Economic Environment in West Bengal
—
F
P
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¤
F
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F
k;
F
F
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West
Bengal is one of the densely populated states with
—
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F
k;
F
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f
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F
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F
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1029 “
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population density of 1029 per sq.km. It accounts for 2.7% of the
Ê
F
;
F
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F
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F
U
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fi
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2.7% á F
W∑
F
¤
F
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fi
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Y area of the country and 7.2% of its population, of this 68.11%
G
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68.11% ;
F
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=
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ı
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used in Agriculture.
fi
F
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fi
F
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fi
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16% =
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fi
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31 ¤
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Wk Total deposits in the state have been growingstat an average rate
of 16% during the last three years. As on 31 March 2013, the
16.7% =
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F
U
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14.58% total deposit showed an increase of 16.7% over the previous
=
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31 ¤
F
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a 2013 =
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U
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during the same period. The CD ratio of the State stands at 65 %
E
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F
F
fi
65% —
F
fi
º
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F
F
a fĭ
F
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as on 31st March 2013.
¤
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fi
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United Bank of India, owing its origin to the State, is continuing
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F its key position in the State. The Bank has been playing a leading
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F
WÊ
F
F
“
º
F
Œ
F
=
+
fi
Œ
F
W¤
F
Wk ‹
F
˘
Ÿ
F
Yk=
+
J
=
+
“
¤
F
]&
F
⁄
F
[P
¤
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=
+
F
P
Œ
F
⁄
F
F
fĭ
F
˘
Ykó
role in extending financial services to large number of people
through 789 branches, spread across the State of West Bengal.
¤
F
F
òF
a 2013 ¤
F
Wk fi
F
°
‹
F
¤
F
Wk Ÿ
F
Yk=
+
=
+
F
=
]+
·
F
=
+
F
fi
X
Ÿ
F
F
fi
=
+
F
81884 =
+
fi
X
∞
sª
F
F
P
°
F
ı
F
¤
F
Wk fl
.
The total business of the Bank in the State stood at Rs.81884
52690 =
+
fi
X
∞
s°
F
¤
F
F
J
Ê
F
k fl
.
29194 =
+
fi
X
∞
sK
+
µ
F
Ë
F
F
P
¤
F
·
F
˘
Yó G
ı
F
“
=
+
F
fi
—
F
[fi
Wº
WË
F
=
W+ crore,
comprising of Rs.52690 crore under deposits and Rs.29194
=
]+
·
F
=
+
F
fi
X
Ÿ
F
F
fi
¤
F
Wk G
ı
F
fi
F
°
‹
F
=
+
F
‹
F
X
;
F
º
F
Œ
F
47.87% ˘
Yó
crore under Advance as on March 2013, contributing to 47.87%
of Bank's total business in the country.
II. ¤
F
Z
P
Ω
=
+
E
Z
fi
Ÿ
F
YkP
=
k+
;
F
P
Ê
F
=
+
F
ı
F
II. MONETARY AND BANKING DEVELOPMENTS
f
F
fi
W·
F
[E
Z
fi
Ê
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YP
Ë
Ê
F
=
+
P
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F
∂
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F
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fi
µ
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ı
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WH
∂
—
F
Œ
Œ
FX̆
Œ
F
WÊ
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F
·
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∂
F
k;
F
U
=
+
F
E
ı
F
fi
2012- The key monetary aggregates in 2012-13 reflected tight liquidity
13 =
W+
“
¤
F
]&
F
¤
F
Z
P
Ω
=
+
P
ı
ª
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P
∂
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—
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fi
—
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fi
·
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áF
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Y.
2012-13 =
W+
P
·
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¤
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=
+ conditions arising from domestic and global financial
environment. The monetary policy stance for 2012-13 was
Œ
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U
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∂
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=
+
F
ı
Ê
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fl
—
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intended to
27
2012-13
Adjust
l
Ê
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∂
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a¤
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FP
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=
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ı
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fi
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k =
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ı
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ı
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·
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WÊ
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fi
ı
∂
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fi
∂
F
=
+l
policy rates to levels consistent with the current
growth moderation.
ı
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¤
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F
‹
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°
F
∂
F
=
+
fi
Œ
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F
ó
l
Guard against risks of demand-led inflationary pressures re-
l
¤
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]Ω
F
ı
◊
+
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∂
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=
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º
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kı
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⁄
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fi
fĭ
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=
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&
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·
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òF
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emerging.
l
Provide a greater liquidity cushion to the financial system.
l
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∏
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=
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ı
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fi
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=
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fi
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F
ó
Money supply (M3) growth was around 14.0 per cent during Q1
¤
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E
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—
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∂
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a(
J
¤
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3)
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_P
2012-13 =
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∂
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.
1=
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º
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fi
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14.0 ◊
+
U
ı
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º
U
=
W+ of 2012-13 but decelerated thereafter to 11.2 per cent by endE
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ı
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—
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F
ı
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ª
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°
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ı
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¤
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Wk P
º
ı
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fi
=
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k∂
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¤
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Wk 11.2% =
+
U
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;
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fi
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©
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F
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aó °
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¤
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=
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ı
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pick up in deposit mobilization in Q4, taking deposit growth to
⁄
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¤
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G
aó P
∂
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:
4¤
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F
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k;
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fi
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fl
—
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aE
k∂
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∂
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=
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14.3%
14.3 per cent by end-March. Consequently, M3 growth reached
°
F
¤
F
F
¤
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WÊ
F
_P
C
G
aó Œ
F
∂
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U
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∂
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,
¤
F
F
òF
a 2013 ∂
F
=
+
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¤
F
3¤
F
Wk Ê
F
_P
13.3% —
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C
kò F
;
F
‹
F
F
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13.3 per cent by end-March 2013, slightly above the revised
°
F
X
ı
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kË
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P
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∂
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ı
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k=
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X
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I
+
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fi
13.0 “
P
∂
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∂
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∂
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=
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—
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C
kò F
;
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‹
F
F
ó
indicative trajectory of 13.0 per cent.
22 ¤
F
F
òF
a,
2013 ∂
F
=
+
E
Œ
F
]ı
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[P
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∂
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µ
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=
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Yk=
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k=
+
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=
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·
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°
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¤
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F
¤
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Wk 14.3% =
+
U As on March 22, 2013, the aggregate deposit of SCBs recorded a
growth of 14.3% and the total credit recorded a growth of 14.1%.
Ê
F
_P
P
fi
=
+
F
g∞
a=
+
U
;
F
G
aJ
Ê
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k=
]+
·
F
K
+
µ
F
¤
F
Wk Ê
F
_P
14.1% º
°
F
a=
+
U
;
F
G
aó
The
year 2012-13 saw the following key policy measures
Ê
F

F
a 2012-13 ¤
F
Wk ⁄
F
F
fi
∂
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U
‹
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fi
°
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;
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H
—
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X
k
announced by the RBI
=
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U
f
F
X

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µ
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F
=
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;
F
G
aó
RBI reduced the repo rate under the liquidity adjustment
l
8.5 ◊
+
U
ı
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º
U
ı
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W 7.5 ◊
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U
ı
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º
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100 E
k=
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fi
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fi
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=
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ı
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¤
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Fl
facility (LAF) by 100 basis points from 8.5 per cent to 7.5 per
ı
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F
(
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·
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)
=
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⁄
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fi
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fi
f
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ó
cent.
l
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fi
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fi
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aŸ
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W 75 E
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F
fi
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kı
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Y+
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fi
°
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a fi
WP
Ë
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‹
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X
k 4.75%
RBI reduced the Cash Reserve Ratio (CRR) by 75 basis
ı
F
W l
points from 4.75 per cent to 4.00 per cent of the NDTL.
f
F
©
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=
+
fi
4.00% J
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∞
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©
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=
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fi
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fi
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aŒ
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100 Ÿ
F
U
—
F
U
J
ı
F
ı
F
W 24% ı
F
W 23% =
+
¤
Fl
RBI reduced the Statutory Liquidity Ration (SLR) by 100
bps from 24.0 per cent to 23.0 percent of the NDTL
ı
F
F
kP
Ê
F
P
Õ
F
=
+
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·
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P
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(
J
ı
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·
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E
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fi
)
f
F
©
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P
º
‹
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F
˘
Yó
Ê
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
F
a=
W+
º
Z
fi
F
Œ
F
ı
F
U
E
F
fi
E
F
fi
,
J
ı
F
J
·
F
E
F
fi
E
Z
fi
fi
W—
F
X
º
fi
¤
F
Wk —
F
P
fi
Ê
F
∂
F
aŒ
F
:
Changes in CRR, SLR and Repo Rate during the year:
ı
F
¤
F
U
áF
F
=
+
Uı
F
U
E
F
fi
E
F
fi
J
ı
F
J
·
F
E
F
fifi
W—
F
X P
fi
Ê
F
ı
F
a fi
W—
F
X
J
¤
F
J
ı
F
J
◊
+Ÿ
F
Yk=
+
º
fi Review
Date
P
∂
F
P
ª
F
17.04.2012
18.06.2012
31.07.2012
17.09.2012
30.10.2012
18.12.2012
29.01.2013
19.03.2013
4.75
4.75
4.75
4.50
4.25
4.25
4.00
4.00
24.00
24.00
23.00
23.00
23.00
23.00
23.00
23.00
8.00
8.00
8.00
8.00
8.00
8.00
7.75
7.50
7.00
7.00
7.00
7.00
7.00
7.00
6.75
6.50
9.00
9.00
9.00
9.00
9.00
9.00
8.75
8.50
9.00
9.00
9.00
9.00
9.00
9.00
8.75
8.50
17.04.2012
18.06.2012
31.07.2012
17.09.2012
30.10.2012
18.12.2012
29.01.2013
19.03.2013
CRR
4.75
4.75
4.75
4.50
4.25
4.25
4.00
4.00
SLR
24.00
24.00
23.00
23.00
23.00
23.00
23.00
23.00
Repo
8.00
8.00
8.00
8.00
8.00
8.00
7.75
7.50
Reverse MSF
Bank
Repo
Rate
7.00
9.00
9.00
7.00
9.00
9.00
7.00
9.00
9.00
7.00
9.00
9.00
7.00
9.00
9.00
7.00
9.00
9.00
6.75
8.75
8.75
6.50
8.50
8.50
H
—
F
fi
X
É∂
F
=
W+
E
·
F
F
Ê
F
F
ı
F
Z
P
Ω
=
+
Œ
F
U
P
∂
F
f
F
X

F
µ
F
F
E
X
kı
F
W,
⁄
F
F
fi
∂
F
U
‹
F
P
fi
°
F
Ê
F
aŸ
F
Yk=
+
Œ
F
W⁄
F
U
P
Œ
F
¤
Œ
F Apart from the above monetary policy announcements, the RBI
also announced the following development and regulatory
P
Ê
F
=
+
F
ı
F
E
Z
fi
P
Œ
F
‹
F
F
¤
F
=
+
Œ
F
U
P
∂
F
‹
F
X
k=
+
U
f
F
X

F
µ
F
F
=
+
U
;
policies;
1.
2.
Ÿ
F
Yk=
+
X
=
+
X
ı
F
·
F
F
˘
º
U
;
F
G
aP
=
+
E
—
F
Œ
F
U
P
Ê
F
∂
∏
F
U
‹
F
ı
F
¤
F
F
Ê
F
WË
F
Œ
F
‹
F
X
°
F
Œ
F
F
(FIPS) =
+
X 1. Banks advised to disaggregate their Financial Inclusion
P
Ê
F
ı
F
¤
F
[ Œ̆
F
=
+
fi
WE
Z
fi
ı
F
¤
F
‹
F
ı
F
¤
F
‹
F
—
F
fi
“
;
F
P
∂
F
=
+
U
P
Œ
F
;
F
fi
F
Œ
F
U
=
+
fi
Œ
F
W=
W+
P
·
F
J
∂
F
k∑
F
=
+
U
Plans (FIPs) and put in place a mechanism to monitor the
progress periodically.
Ê
‹
F
Ê
F
ı
ª
F
F
=
+
fi
Wkó
Ÿ
F
Yk=
+
X
=
+
U
º
WŒ
F
º
F
fi
U
=
W+
¤
F
[·
‹
F
P
Œ
F
Õ
F
F
afi
µ
F
=
W+
P
·
F
J
Ÿ
F
Yk=
+
=
W+
Ÿ
F
X
∞
a¬
F
fi
F
E
Œ
F
]¤
F
X
P
º
∂
F 2.
—
F
F
fi
º
Ë
F
U
aŒ
F
U
P
∂
FX̆
Œ
F
U
òF
F
P
J̆
ı
F
F
ª
FŬ
‹
F
˘
⁄
F
U
ı
F
]P
Œ
F
P
Ë
òF
∂
F
=
+
fi
Œ
F
F
òF
F
P
J̆
P
=
+
15
·
F
F
&
F
J
=
+
·
F
P
¤
F
‹
F
F
º
U
°
F
¤
F
F
—
F
fi
‹
F
F
G
ı
F
ı
F
WE
P
Õ
F
=
+
E
Z
fi
E
Œ
‹
F
P
¤
F
‹
F
F
º
U
°
F
¤
F
F
—
F
fi
Ÿ
‹
F
F
°
F
º
fi
ı
F
WP
⁄
F
Œ
Œ
F
∂
F
F
˘
Yó
28
Banks to have a board approved transparent policy on
pricing of liabilities and they should also ensure that
variation in interest rates on single term deposits of Rs.1.5
million and above and other term deposits is minimal.
Annual Report
2012-13
3.
E
º
hP
Ê
F
∏
F
U
‹
F
;
F
eF
˘
=
+
—
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F
ı
F
k.
ı
F
¤
F
ı
∂
F
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F
J
Ê
‹
F
P
É∂
F
;
F
∂
F
;
F
eF
˘
=
+
X
=
+
X
Ë
F
]fl
¤
F
Wk 3.
E
F
Ÿ
F
kP
©
∂
F
=
+
fi
Œ
F
F
;
F
eF
P
J̆
E
Z
fi
¤
F
Z
°
F
[º
F
Ê
‹
F
P
É∂
F
;
F
∂
F
;
F
eF
˘
=
+
X
=
+
X
E
“
Y·
F
2013 ∂
F
=
+
E
º
hP
Ê
F
∏
F
U
‹
F
;
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eF
˘
=
+
—
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ı
F
k.
E
F
Ÿ
F
k©
Œ
F
=
+
fi
º
WŒ
F
F
òF
F
P
J̆
ó
4.
⁄
F
F
fi
∂
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U
‹
F
P
fi
°
F
Ê
F
aŸ
F
Yk=
+
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F
WŸ
F
Yk=
+
X
=
+
X
“
ı
∂
F
F
Ê
F
P
º
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F
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=
+
=
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ö Œ
‹
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[Œ
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∂
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¤
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ı
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F
¤
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F 4. RBI proposed that banks should offer a 'basic savings bank
deposit account' with certain minimum common facilities
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Unique Customer Identification Code (UCIC) number to be
allotted to all the customers while entering into any new
relationships in the case of all individual customers to begin
with. Similarly, existing individual customers also to be
allotted UCIC by end-April 2013.
and without the requirement of minimum balance to all their
customers.
Banks advised to complete the process of risk categorisation
and compiling/updating profiles of all of their existing
customers in a time-bound manner, and in any case not later
than end-March 2013.
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growth and penetration of ATMs in the country.
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7. Banks are required to implement suitable solutions to
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generate all the returns to be submitted to the Reserve Bank
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by end-March 2013.
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2012 =
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In April 2012, RBI came with portability of Intra-bank deposit
‹
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accounts
and advised the Banks that KYC once done by one
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7
branch of the bank should be valid for transfer of the account
within the bank as long as full KYC has been done for the
concerned account.
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2013 ı
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a 2012 =
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F The final guidelines on Basel III capital regulations were released
Ÿ
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[ F by RBI in the month of May 2012 making them effective from
January 1, 2013. The start date was later shifted to April 2013
2013 =
+
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ratios from the quarter ending June 30, 2013. The Basel III capital
ratios will be fully implemented as on March 31, 2018.
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F by the RBI to prepare a roadmap covering all unbanked villages
ı
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Wk of population less than 2000 and are required to notionally allot
these villages to banks for providing banking services, in a time°
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bound manner. The information on roadmap and achievement
should also be published on the respective SLBC websites.
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2012 ¤
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:Sector lending were issued by the RBI in July 2012 which was
further modified in October 2012 in the light of the comments/
ı
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suggestions received from various stakeholders. The revised
guidelines were made operational with immediate effect.
1% Ÿ
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+X̆ The scheme for 1% interest subvention scheme was liberalized by
RBI in the month of September 2012 by extending it to housing
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loans up to Rs.15 lakh where the cost of the house does not exceed
Rs.25 lakh.
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F granular data for NPA Management, RBI advised the Banks to
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robust MIS mechanism for early detection of signs of distress at
·
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29
2012-13
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fiindividual account level as well as at segment level (asset class,
ı
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30
Annual Report
2012-13
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monetary policy easing, sentiments of global and domestic
investors and the exchange rate of the Rupee.
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The FY 2013-14 is expected to be a better year for the Indian
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ı
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·
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projections and the Reserve Bank's inflation tolerance threshold,
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F Consequently, aggregate deposits of SCBs are projected to grow
by 14.0 per cent. Keeping in view the resource requirements of
Ê
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the
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=
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ı
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projected at 15.0 percent.
P
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FINANCIAL PERFORMANCE
P
—
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a=
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=
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ı
F
, Bank's performance during the year was in line with the
·
F
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,
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=
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F
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E
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fi
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‹
F
P
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F

—
F
F
º
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F
ı
F
k=
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=
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G
ı
F slackened business growth and increase in stressed assets at the
industry level. The main performance indicators of growth,
“
=
+
F
fi
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Y:
profitability, efficiency, productivity, and solvency are as under:
The Bank earned a Net profit of
Ÿ
F
Yk=
+
Œ
F
W 632.53 =
+
fi
X
∞
sP
—
F
ö ·
F
WÊ
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
F
a=
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U2000
1800
Rs.391.90 crore for 2012-13
∂
F
]·
F
Œ
F
F¤
F
Wk Ê
F

F
a 2012-13 =
W+P
·
F
J
1600
compared to Rs.632.53 crore last
391.90 =
+
fi
X
∞
s fl
—
F
‹
F
W =
+
FË
F
] ·
F
F
⁄
F1400
year. The Bank has registered an
1200
E
P
°
F
a∂
F
P
=
+
‹
F
F
ó P
Ê
F
∏
F
U
‹
F
Ê
F

F
a 2012-13 ¤
F
Wk 1000
Operating Profit of Rs.2049.91
crore during the financial year
2049.91 800
Ÿ
F
Yk=
+
=
+
F
—
F
P
fi
òF
F
·
F
Œ
F
·
F
F
⁄
F
fl
.
600
2012-13 as compared to
400
=
+
fi
X
∞
s fĭ
F
G
ı
F
=
+
U
∂
F
]·
F
Œ
F
F
¤
F
Wk P
Ê
F
∏
F
U
‹
F
Ê
F

F
a
Rs.1,828.84 crore in the financial
200
2011-12 ¤
F
W‹
F
˘
1,828.84 =
+
fi
X
∞
sª
F
F
ó
0
year 2011- 12, registering an
2010-11 2011-12 2012-13
G
ı
F∂
F
fĭG
ı
F
¤
F
Wk 2 2 1 . 0 7
increase of Rs.221.07 crore (
F
] ·
F
F
⁄
F 12.09%). The Return on Average
F
P
fi
òF
F
·
F
Œ
F
·
F
F
⁄
FË
=
+
fi
X
∞
s(
12.09%)
=
+
U
Ê
F
_P
C
G
aó H
É∂
F —
Assets (RoAA) for the year stood
Ê
F

F
a=
W+
P
·
F
J
E
Z
ı
F
∂
F
J
ı
F
W©
ı
F
31
2000
1800
1600
1400
1200
1000
800
600
400
200
0
2010-11
2011-12
Operating Profit
2012-13
Net Profit
2012-13
(
E
F
fi
E
X
J
J
)
=
+
F
·
F
F
⁄
F
0.38% C
E
F
óH
É∂
F
Ê
F

F
a=
W+
P
·
F
J
“
P
∂
F
=
+
¤
F
aò F
F
fi
U
=
+
F
·
F
F
⁄
F at 0.38%. Profit per Employee worked out to Rs. 13.24 lakh for
the year.
fl
—
F
‹
F
W 13.24 ·
F
F
&
F
˘
Yó
Ë
F
W‹
F
fi
Õ
F
F
fi
=
+
¤
F
[·
‹
F
16
15.5
15
14.5
14
13.5
2010-11 2011-12 2012-13
Shareholder Value
Ê
F

F
a 2012-13 =
W+
P
·
F
J
Ÿ
F
Yk=
+
=
W+
P
Œ
F
º
WË
F
=
+
16
¤
F
k∞
·
F
Œ
F
W 21% =
+
F
·
F
F
⁄
F
F
kË
F
E
Œ
F
]Ë
F
kP
ı
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∂
F
15.5
P
=
+
‹
F
F
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Yó P
—
F
ö ·
F
WP
Ê
F
∏
F
U
‹
F
Ê
F

F
a=
W+
P
·
F
J
114.39 =
+
fi
X
∞
s fl
—
F
‹
F
W=
+
U
∂
F
]·
F
Œ
F
F
¤
F
Wk Ÿ
F
Ŭ 15
Ê
F
Y·
‹
F
[¤
F
F
òF
a 2013 ¤
F
Wk Ÿ
F
≥
s=
+
fi
fl
.
115.83
14.5
C
G
a˘
Yó P
Ê
F
;
F
∂
F
Ê
F

F
aG
a—
F
U
J
ı
F
15.79 fl
—
F
‹
F
W
14
C
E
F
ó Ê
F

F
a 2012-13 =
W+
P
·
F
J
G
P
ÉÊ
F
©
U
—
F
fi
13.5
·
F
F
⁄
F
7.20% C
E
F
ó
“
P
∂
F
Ë
F
W‹
F
fi
E
F
‹
F
“
¤
F
]&
F
P
Ê
F
∏
F
U
‹
F
E
Œ
F
]—
F
F
∂
F
(%)
Earning per Share
¤
F
F
òF
a 2012
6.77
P
Œ
F
P
Õ
F
‹
F
X
k=
+
U
·
F
F
;
F
∂
F
9.81
P
Œ
F
P
Õ
F
‹
F
X
k—
F
fi
“
P
∂
F
◊
+
·
F
6.68
°
F
¤
F
F
E
X
k=
+
U
·
F
F
;
F
∂
F
11.29
E
P
;
F
e¤
F
—
F
fi
“
P
∂
F
◊
+
·
F
7.80
P
Œ
F
Ê
F
WË
F
—
F
fi
“
P
∂
F
◊
+
·
F
J
∞
Ÿ
·
F
[J
◊
+
=
+
F=
% W+
fl
—
F
¤
F
Wk P
Ê
F
ı
∂
F
F
fi
2.75
Ë
F
] Ÿ
‹
F
F
°
F
¤
F
F
P
°
F
aŒ
F
(J
Œ
F
E
F
G
aJ
¤
F
)
3.17
J
∞
Ÿ
·
F
[J
◊
+
=
+
F
—
F
P
fi
òF
F
·
F
Œ
F
·
F
F
⁄
F
1.53
0.70
E
Z
ı
F
∂
F
E
F
P
ı
∂
F
‹
F
X
k—
F
fi
·
F
F
⁄
F
(
E
F
fi
E
X
J
J
)
13.16
G
P
ÉÊ
F
©
U
—
F
fi
·
F
F
⁄
F
“
P
∂
F
=
+
¤
F
aò F
F
fi
U
Ê
‹
F
Ê
F
ı
F
F
‹
F
(
fl
—
F
‹
F
W=
+
fi
X
∞
s¤
F
W) 9.71
4.08
“
P
∂
F
=
+
¤
F
aò F
F
fi
U
·
F
F
⁄
F
(
fl
—
F
‹
F
W·
F
F
&
F
X
k¤
F
Wk)
114.39
Ÿ
F
Ŭ
¤
F
[·
‹
F
15.79
“
P
∂
F
Ë
F
W‹
F
fi
E
F
‹
F
J
∞
Ÿ
·
F
[J
◊
+
E
Z
ı
F
∂
F
=
+
F
‹
F
aP
Œ
F
P
Õ
F
E
F
‹
F
E
Z
fi
Ê
‹
F
‹
F
P
Ê
F
Ë
·
F
W
F
µ
F
E
F
‹
F
=
+
U
fi
òF
Œ
F
F
2012-13
;
F
Yfi
Ê
‹
F
F
°
F
E
F
‹
F E
Œ
‹
F
8%
P
Œ
F
Ê
F
WË
F
1%
22%
Loans &
Advances
69%
2010-11 2011-12 2012-13
¤
F
F
òF
a 2013
The Bank's Board of Directors
recommended a dividend of 21%
for 2012-13. While Book Value
increased to Rs.115.83 as at
March 2013 as compared to
Rs.114.39 crore for the previous
financial year. EPS stood at
Rs8.64 as at March 2013
compared to Rs. 15.79 a year ago.
Return on Equity stood at 7.20%
for 2012-13
Key Financial Ratios (%)
March 2012
March 2013
7.24
7.24
Cost of Funds
6.77
9.73
Yield on Funds
9.81
9.73
7.08
Cost of Deposits
6.68
7.08
11.29
11.31
7.80
7.91
11.31
Yield on Advances
7.91
Yield on Investments
2.39
Spread as a % of AWF
2.75
2.39
2.67
Net Interest Margin (NIM)
3.17
2.67
1.45
Operating Expenses to AWF
1.53
1.45
0.38
Return on Avg. Assets (RoAA)
0.70
0.38
7.20
Return on Equity
Business per Employee (Rs. In Crore)
10.83
Profit per Employee (Rs. In Lakh)
2.53
115.83
Book Value
Earning per Share
8.64
13.16
7.20
9.71
10.83
4.08
2.53
114.39
115.83
15.79
8.64
AWF – Average Working Fund
Income and Expenditure Analysis
Interest income of the Bank
Composition of Income 2012-13
Ê
F

F
a 2012-13 ¤
F
Wk Ÿ
F
Yk=
+
=
+
U
Ÿ
‹
F
F
°
F
E
F
‹
F
¤
F
Wk
during 2012-13 recorded a growth
Non1290.40 =
+
fi
X
∞
s (16.2%) =
+
U
Ê
F
_P
C
G
aó
Interest
of Rs.1290.40 crore (16.2%) from
Others
Income
2011-12 ¤
F
Wk‹
F
˘
7961.09 =
+
fi
X
∞
sª
F
F
°
F
X Invest1%
Rs.7961.09 crore in the year 20118%
ments
22%
Ÿ
F
≥
s=
+
fi
9251.49 =
+
fi
X
∞
sC
E
F
ó ;
F
Yfi
Ÿ
‹
F
F
°
F
12 to Rs.9251.49crore. Noninterest income increased by
E
F
‹
F
¤
F
Wk 333.66 =
+
fi
X
∞
s (45.5%) =
+
U
Loans &
Rs.333.66 crore (45.5%) from
Advances
Ê
F
_P
C
G
aó P
Ê
F
∏
F
Ê
F

F
a 2012-13¤
F
Wk Ÿ
F
≥
s=
+
fi
69%
Rs.732.90 crore in the financial
1066.57 =
+
fi
X
∞
s X̆
;
F
G
aó Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
year 2011-12 to Rs.1066.57 crore
Ÿ
‹
F
F
°
F
º
fi
¤
F
Wk ı
F
]Õ
F
F
fi
=
W+
=
+
F
fi
µ
F
°
F
¤
F
F
·
F
F
;
F
∂
F
in the financial year 2012-13.
¤
F
Wk 7.08% =
+
U
Ê
F
_P
C
G
aó ¤
F
F
òF
a 2012 =
W+
The Cost of Deposits increased to
7.08% due to uptrend in interest
11.29% =
+
U
∂
F
]·
F
Œ
F
F
¤
F
Wk ¤
F
F
òF
a 2013 ¤
F
Wk
E
P
;
F
e¤
F
—
F
fi
11.31% =
+
U
Ê
F
_P
C
G
aó
rates during the year. The Yield on Advances improved to 11.31%
as at March 2013 compared to 11.29% as at March 2012.
32
Annual Report
Ÿ
‹
F
‹
F
=
+
U
ı
F
kfi
òF
Œ
F
F
2012-13
Other
Operating
Expenses
Staff Cost
7%
13%
Interest
Expenses
80%
2012-13
°
F
Ÿ
F
Ÿ
‹
F
F
°
F
Ê
‹
F
‹
F
¤
F
Wk 6764.23 =
+
fi
X
∞
s¤
F
Wk
Composition of Expenditure 2012-13
Other
Ê
F
_P
=
W+
ı
F
F
ª
F
Ê
F

F
aÊ
F
F
fi
23.4% =
+
U
Ê
F
_P
Operating
C
G
a,
Ÿ
F
Yk=
+
Œ
F
WG
ı
F
Ê
F
_P
=
+
X
—
F
P
fi
òF
F
·
F
Œ
F
Ê
‹
F
‹
F Staff Cost Expenses
7%
=
W+fl
—
F¤
F
Wk 8.7% =
W+º
fi
ı
F
W fi
F
P
Ë
F 13%
1503.92 =
+
fi
X
∞
s º
Ë
F
aF
‹
F
F˘
Yó Ê
F

F
a =
W+
Interest
º
Z
fi
F
Œ
F
Ë
F
] Ÿ
‹
F
F
°
F
E
F
‹
F
¤
F
Wk 8.03 =
+
fi
X
∞
s
Expenses
80%
(0.32%) =
+
U
Ê
F
_P
=
+
X
º
°
F
a=
+
U
;
F
G
aE
Z
fi
Ë
F
] Ÿ
‹
F
F
°
F¤
F
F
P
°
F
aŒ
F(
J
Œ
F
E
F
G
aJ
¤
F
)
While Interest Expenditure
increased to Rs.6764.23 crore
with a Y-o-Y increase of 23.4%,
the Bank contained its increase
in operating expenses at 8.7%
amounting to Rs 1503.92 crore.
The Net interest income
recorded a growth of Rs.8.03
crore (0.32 %) during the year
and the Net Interest Margin
(NIM) worked out at 2.67%.
While Interest Expenditure increased to Rs.6764.23 crore with a
2.67% C
E
F
ó
—
F
[k°
F
U
E
Z
fi
“
F
fi
P
áF
∂
F
Capital & Reserves
31 ¤
F
F
òF
a 2013 =
+
X
Ÿ
F
Yk=
+
=
+
U
Ë
F
] ¤
F
F
P
·
F
‹
F
∂
F
¤
F
Wk Ê
F
_P
C
G
aE
Z
fi
‹
F
˘
5259 =
+
fi
X
∞
s fĭ
U
,
Networth of the Bank increased to Rs5259 crore as on March 31,
°
F
Ÿ
F
P
=
+
31 ¤
F
F
òF
a 2012 =
+
X
‹
F
˘
4939 =
+
fi
X
∞
sª
F
U
ó °
F
Ÿ
F
P
=
+
Ÿ
F
Yk=
+
=
+
U
=
]+
·
F
òF
]=
+
∂
F
F 2013 compared to Rs.4939 crore as at March 2012. While total
—
F
[k°
F
U
375 =
+
fi
X
∞
s fl
—
F
‹
F
Wª
F
F
,
“
F
fi
P
áF
∂
F
J
Ê
F
kE
P
Õ
F
Ë
F
W
F
4709 =
+
fi
X
∞
s=
+
U
Ê
F
_P
C
G
aó
paid-up capital of the Bank was Rs375 crore, reserves and surplus
increased to Rs4709 crore. The Government shareholding in the
¤
F
F
òF
a 2013 ¤
F
Wk Ÿ
F
Yk=
+
=
W+
ı
F
fi
=
+
F
fi
U
P
ı̆
ı
F
Wº
F
fi
U
82.23% C
E
F
ó
Bank stood at 82.23% at March 2013.
(` in crores)
¤
F
F
òF
a 2012
—
F
[k°
F
U
=
+
U
ı
F
kfi
òF
Œ
F
F
°
F
X
P
&
F
¤
F
⁄
F
F
P
fi
∂
F
E
F
P
ı
∂
F
©
U
‹
F
fi
I—
F
[k°
F
U
ı
F
U
E
F
fi
J
E
F
fi©
(%) ( U
‹
F
fi
I)
P
©
‹
F
fi
II —
F
[k°
F
U
ı
F
U
E
F
fi
J
E
F
fi©
(%) ( U
‹
F
fi
II)
=
]+
·
F
—
F
[k°
F
U
ı
F
U
E
F
fi
J
E
F
fi
(%)
(` in crores)
¤
F
F
òF
a 2013
Composition of Capital
March 2012
March 2013
56052
62429
Risk Weighted Assets
56052
62429
4929
5242
Tier I Capital
4929
5242
8.79
8.40
CRAR (%) (Tier I)
8.79
8.40
2185
2037
Tier II Capital
2185
2037
3.90
3.26
CRAR (%) (Tier II)
3.90
3.26
7114
7279
Total Capital
7114
7279
12.69
11.66
CRAR (%)
12.69
11.66
Capital Adequacy Ratio stood at 11.66% with Tier I Capital Ratio
¤
F
F
òF
a 2013 ∂
F
=
+
¤
F
Wk ©
U
‹
F
fi
I—
F
[k°
F
U
E
Œ
F
]—
F
F
∂
F
11.66% =
W+
ı
F
F
ª
F
—
F
k[°
F
U
—
F
‹
F
F
a—
∂
F
∂
F
F at 8.40% as at March 2013. The Bank has adequate headroom
E
Œ
F
]—
F
F
∂
F
8.40% C
E
F
ó Ê
‹
F
Ê
F
ı
F
F
‹
F
Ê
F
_P
=
W+
ı
F
¤
F
ª
F
aŒ
F
¤
F
Wk —
F
[k°
F
U
°
F
]©
F
Œ
F
W=
W+
P
·
F
J
º
X
Œ
F
X available under both Tier-I and Tier-II options to raise capital to
support business growth momentum.
P
©
‹
F
fi
IE
Z
fi
©
U
‹
F
fi
II P
Ê
F
=
+
·
—
F
=
W+
∂
F
˘
∂
F
Ÿ
F
Yk=
+
=
+
U
—
F
‹
F
F
a—
∂
F
Ê
‹
F
Ê
F
ı
ª
F
F
H
—
F
·
F
Ÿ
Õ
F
˘
Ykó
BUSINESS GROWTH
Ê
‹
F
F
—
F
F
fi
Ê
F
_P
Ê
‹
F
Ê
F
ı
F
F
‹
F
=
+
U
¤
F
F
∑
F
F` 1.70 ·
F
F
&
F
=
+
fi
X
∞
s=
+
X
—
F
F
fi
=
+
fi
;
F
‹
F
F
˘
Y
°
F
¤
F
F
Business Volumes at over ` 1.70 lakh Crore
Deposits
90000
88000
86000
84000
82000
80000
78000
76000
74000
72000
2010-11
2011-12
2012-13
Deposits (Rs. Crore)
Ê
F

F
a 2012-13, ¤
F
Wk Ÿ
F
Yk=
+
=
+
U
=
]+
·
F
°
F
¤
F
F
90000
` 89,116 =
fi
F
P
Ë
F
+
fi
X
∞
sı
F
WŸ
F
≥
s=
+
fi88000
86000
31st ¤
`100651
F
F
òF
a, 2013 =
+
X
84000
=
+
fi
X
∞
s fĭ
U
E
Z
fi
G
ı
F∂
F
fĭ
G
ı
F
¤
F
W
82000
12.94% =
+
U
Ê
F
_P
C
G
aó Ÿ
‹
F
F
°
F
º
fi
X
k¤
F
Wk
80000
Ê
F
_P
=
+
F
¤
F
F
Z̆
·
F
fĭ
Œ
F
W=
W+
Ÿ
F
F
Ê
F
°
F
[º
Ÿ
F
Yk=
+ 78000
76000
=
W+
Ÿ
F
òF
∂
F
°
F
¤
F
F
¤
F
Wk 14.2% ,
=
+
F
ı
F
F 74000
°
F
¤
F
F
¤
F
Wk 9.8% =
+
U
Ê
F
_P
C
G
aó =
+
F
ı
F
F 72000
=
+
F
E
kË
F31 ¤
F
F
òF
a 2013 =
+
X
Ÿ
F
Yk=
+
=
W+
=
]+
·
F
°
F
¤
F
F
=
+
F39.7% ª
F
F
ó
2010-11
2011-12
2012-13
Deposits (Rs. Crore)
During the year 2012-13,
Total Deposits of the Bank
increased from ` 89,116 crore
as on 31st March, 2012 to
`100651 crore as on 31st
March, 2013, registering a
growth of 12.94 per cent.
Bank's Savings deposits grew
by 14.2 per cent, CASA
deposits grew by 9.8 per cent.
Bank's share of CASA
deposits to total deposits stood
at 39.7 per cent as on March 31, 2013.
33
2012-13
°
F
¤
F
F
·
F
F
;
F
∂
F
¤
F
Wk =
+
¤
F
U
·
F
F
Œ
F
W=
W+
H
«
WË
‹
F
ı
F
WŸ
F
Yk=
+
Œ
F
W&
F
]º
fi
F
°
F
¤
F
F
E
X
k,
&
F
F
ı
F
=
+
fi
=
+
F
ı
F
F
°
F
¤
F
F With a view to reduce the cost of deposits, the Bank had given
thrust to mobilize retail deposits specially CASA deposits. In the
—
F
fi
P
Ê
F
Ë
F
W
F
°
F
X
fi
P
º
‹
F
F
ó G
ı
F
“
P
=
e+
‹
F
F
¤
F
Wk Ÿ
F
Yk=
+
Œ
F
W°
F
¤
F
F
“
¤
F
F
µ
F
—
F
∑
F
X
kı
F
¤
F
W∂
F
ª
F
X
=
+
°
F
¤
F
F
=
+
U process,
the Bank shed a substantial amount of bulk deposits
=
+
F
◊
+
U
Ÿ
F
∞
sU
fi
F
P
Ë
F
ö X
∞
sº
U
˘
Ykó =
]+
·
F
°
F
¤
F
F
¤
F
Wk =
+
F
ı
F
F
=
+
F
E
kË
F
=
+
¤
F
ı
F
W=
+
¤
F
40% fi
&
F
Œ
F
W including certificate of deposits. Thrust had also been given to
—
F
fi
°
F
X
fi
P
º
‹
F
F
;
F
‹
F
F
ª
F
F
ó P
Ê
F
∏
F
U
‹
F
Ê
F

F
a=
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“
F
fi
k⁄
F
ı
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W Ŭ
Ÿ
F
Yk=
+
=
W+
=
+
F
ı
F
F
˘
W∂
F
]E
F
=
e+
F
¤
F
=
+ maintain the share of CASA deposits to total deposits at 40%.
From the very beginning of the financial year, the Bank had
“
òF
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fi
E
P
⁄
F
‹
F
F
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F
òF
·
F
F
‹
F
F
;
F
‹
F
F
ª
F
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ó
aggressively launched CASA Deposit Campaign.
Ÿ
F
Yk=
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W;
F
eF
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=
+
E
P
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;
F
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fi
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=
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—
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fi
¤
F
F
µ
F
ı
Ê
F
‡
—
F
=
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·
F The Bank's customer acquisition campaign resulted in about
17.41 ·
F
F
&
F
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F
J
Ÿ
F
òF
∂
F
&
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∂
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E
Z
fi
Œ
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J
&
F
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∂
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X
k¤
F
Wk =
]+
·
F
`1174.44 =
+
fi
X
∞
sŸ
F
òF
∂
F 17.41 Lakh fresh SB clientele and about Rs1174.44 crores SB
°
F
¤
F
F
C
E
F
˘
Y,
Ÿ
F
Yk=
+
=
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=
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·
F
°
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¤
F
F
;
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k=
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F
Õ
F
F
fi
—
F
fi
¤
F
F
òF
a 2013 ∂
F
=
+
=
]+
·
F deposit in the new accounts. The total deposit customer base of
the Bank reached a new high of 2.72 crores as at March 2013
22.21% =
W+
ı
F
F
ª
F
2.72 =
+
fi
X
∞
s=
+
U
Ê
F
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º
°
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a=
+
U
;
F
G
a˘
Yó
registering a growth of 22.21%.
E
P
;
F
e¤
F
(
Ë
F
] )
Advances (net)
The total credit portfolio of the
Bank went up by Rs5835 crore
Ê
F

F
a=
W+
º
Z
fi
F
Œ
FŸ
F
Yk=
+
=
W+
=
]+
·
FK
+
µ
F 64000
64000
and reached Rs69708crore as
62000
62000
—
F
X
©
a◊
+
X
P
·
F
‹
F
X
5835 =
+
fi
X
∞
s fl
—
F
‹
F
Wı
F
W
on March 31, 2013,
60000
60000
Ÿ
F
≥
s=
+
fi
69708 fl
—
F
‹
F
W X̆
;
F
‹
F
F
E
Z
fi 58000
registering a growth of 9.1 %
58000
during the fiscal year. Credit
56000
56000
G
ı
F
¤
F
Wk 9.1% =
+
U
Ê
F
_P
º
°
F
a=
+
U
;
F
G
aó
54000
54000
deposit ratio stood at 69.26 %
=
eW+
P
∞
©
°
F
¤
F
F
E
Œ
F
]—
F
F
∂
F
31 ¤
F
F
òF
a 2013
52000
52000
as on March 31, 2013.
=
+
X
69.26% fĭ
F
ó “
F
ª
F
P
¤
F
=
+
∂
F
F
“
F
—
∂
F 50000
50000
Focused attention on Prisec
48000
48000
áF
W∑
F
=
W+
K
+
µ
F
—
F
fi
Õ
‹
F
F
Œ
F
=
Wk+
P
Ω
∂
F
=
+
fi
Œ
F
W
Lending enabled the Bank to
2010-11 2011-12 2012-13
2010-11 2011-12 2012-13
achieve the Prisec Advance
=
W+
=
+
F
fi
µ
F
Ÿ
F
Yk=
+
Œ
F
WJ
J
Œ
F
Ÿ
F
U
ı
F
U
=
W+
target of 40% of ANBC. In
Advances (Rs. Crore)
Advances (Rs. Crore)
40% =
W+
“
F
ª
F
P
¤
F
=
+
∂
F
F
“
F
—
∂
F
áF
W∑
F
=
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addition, intensive marketing
K
+
µ
F
E
P
;
F
e¤
F
·
F
á‹
F
=
+
X
“
F
—
∂
F
=
+
fi
Œ
F
Wı
F
W
of Bank's various retail credit products brought considerable
ı
F
áF
¤
F
C
E
F
ó G
ı
F
=
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E
·
F
F
Ê
F
F
,
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Yk=
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=
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U
P
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F
P
⁄
F
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F
&
F
]º
fi
F
K
+
µ
F
H
∂
—
F
F
º
X
k=
+
U
;
F
Œ̆
F growth in Retail Advances.
31 ¤
F
F
òF
a,
2013 =
+
X
ı
F
¤
F
F
—
∂
F
P
Ê
F
∏
F
U
‹
F
P
Ê
F
—
F
µ
F
Œ
F
=
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òF
·
F
∂
F
W&
F
]º
fi
F
E
P
;
F
e¤
F
¤
F
Wk =
+
F
◊
+
U
Ê
F
_P
C
G
a˘
Yó
Bank's non-food credit increased by Rs5603 crore to Rs68154
&
F
f
√
K
+
µ
F
¤
F
Wk ¤
F
F
òF
a,
2012 =
W+
E
k∂
F
¤
F
Wk `1322 =
+
fi
X
∞
sı
F
WŸ
F
≥
s=
+
fi
,
31 ¤
F
F
òF
a,
2013 crore, recording a growth of 8.96 %, while food credit increased
=
+
X
1554 =
+
fi
X
∞
s fl
—
F
‹
F
W X̆
;
F
‹
F
F
˘
Y°
F
Ÿ
F
P
=
+
Ÿ
F
Yk=
+
=
+
U
;
F
Yfi
&
F
F
√
K
+
µ
F
5603=
+
fi
X
∞
s to Rs1554 crore as on March 31, 2013 from Rs.1322 crore at the
fl
—
F
‹
F
Wı
F
WŸ
F
≥
s=
+
fi
68154 fl
—
F
‹
F
W X̆
=
+
fi
G
ı
F
¤
F
Wk 8.96% =
+
U
Ê
F
_P
º
°
F
a=
+
U
;
F
G
aó Ÿ
F
Yk=
+
=
W+ end of March, 2012. Bank's customer acquisition drive resulted in
;
F
eF
˘
=
+
E
P
Õ
F
;
F
e µ̆
F
∞
dF
G
Ê
F
=
W+
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+
·
F
ı
Ê
F
fl
—
F
¤
F
F
òF
a 2013 ¤
F
Wk H
Õ
F
F
fi
&
F
F
∂
F
X
k=
+
U
ı
F
k&
‹
F
F
¤
F
Wk 22.45% growth in the number of Borrowal accounts taking it to
17.05 lakh as at March 2013.
22.45% =
+
U
Ê
F
_P
C
G
aE
Z
fi
G
ı
F
=
+
U
ı
F
k&
‹
F
F
17.05 ·
F
F
&
F
∂
F
=
+
—
F
D
kò F
F
;
F
‹
F
U
˘
Yó
=
]+
·
F
Ê
‹
F
F
—
F
F
fi
Total Business
During 2012-13, the total
P
—
F
ö ·
F
W P
Ê
F
∏
F=
W+
º
Z
fi
F
Œ
F`152989
business of the Bank grew by
155000
=
+
fi
X
∞
s fl
—
F
‹
F
W =
W+
=
]+
·
F=
+
F
fi
X
Ÿ
F
F
fi
=
+
U 155000
11.4 % to reach `170359
150000
∂
F
]·
F
Œ
F
F
¤
F
Wk Ê
F

F
a 2012-13 =
W+
º
Z
fi
F
Œ
F
Ÿ
F
Yk=
+ 150000
crore as against `152989
145000
145000
=
+
F=
]+
·
F=
+
F
fi
X
Ÿ
F
F
fi
Ÿ
F
≥
s=
+
fi
170359
crore during the previous
financial.
140000
=
+
fi
X
∞
s fl
—
F
‹
F
W X̆
=
+
fi
G
ı
F
¤
F
Wk 11.4% =
+
U 140000
135000
135000
Ê
F
_P
C
G
aó
130000
130000
H
∂
—
F
F
º
=
+
∂
F
F
,
=
W+
fl
—
F
¤
F
Wk “
P
∂
F
=
+
¤
F
aò F
F
fi
U 125000
=
+
F
fi
X
Ÿ
F
F
fi
ı
F
W¤
F
F
—
F
F
°
F
F
∂
F
F
˘
Y,
J
=
+
ı
F
F
·
F 120000 2010-11 2011-12 2012-13
2010-11 2011-12 2012-13
—
F
˘
·
F
W ` 9.87 =
+
fi
X
∞
s ı
F
W `10.83
Total Business ( ` in Crore)
Total Business ( ` in Crore)
=
+
fi
X
∞
s fl
—
F
J
=
+
U
Ê
F
_P
C
G
aó Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
Ÿ
F
Yk=
+
=
+
F
;
F
eF
˘
=
+
E
F
Õ
F
F
fi
2.72 =
+
fi
X
∞
s fl
—
F
‹
F
W=
+
U
Ê
F
_P
C
G
a˘
Yó
125000
120000
34
Productivity, as measured by
business per employee,
increased to Rs.10.83 crores
from Rs.9.87 crore a year ago.
During the year, the Bank's
clientele base increased to 2.72
crores.
Annual Report
&
F
]º
fi
F
H
Õ
F
F
fi
—
F
P
fi
òF
F
·
F
Œ
F
2012-13
Retail Lending Operations
Retail Credit has been a focused area of the Bank during the
P
Ê
F
∏
F
U
‹
F
Ê
F

F
a 2012-13 =
W º
Z
fi
F
Œ
F
,
&
F
]º
fi
F
K
+
µ
F
Ÿ
F
Yk=
+
=
W+
=
Wk+
P
Ω
∂
F
áF
W∑
F
fĭ
F
ó Ÿ
F
Yk=
+
Œ
F
WÊ
F

F
a Financial
Year 2012-13. Bank has given special emphasis for
=
W+
º
Z
fi
F
Œ
F
E
F
g©
X
K
+
µ
F
E
Z
fi
P
Ë
F
áF
F
K
+
µ
F
=
W+
ı
F
F
ª
F
E
F
Ê
F
F
ı
F
K
+
µ
F
=
W+
P
Ê
F
=
+
F
ı
F
—
F
fi
⁄
F
U growth of Housing Loan along with Auto Loans and Education
P
Ê
F
Ë
F
W
F
°
F
X
fi
P
º
‹
F
F
˘
Yó &
F
]º
fi
F
K
+
µ
F
¤
F
Wk 23% =
+
U
E
òö U
Ê
F
_P
º
°
F
a=
+
U
;
F
G
aE
Z
fi
‹
F
˘
Loans during the year. Retail Credit registered a healthy growth
P
º
Œ
F
F
k=
+
31.03.2012 =
W 8175 =
+
fi
X
∞
s fl
—
F
‹
F
Wı
F
WŸ
F
≥
s=
+
fi
P
º
Œ
F
F
k=
+
31.03.2013 =
+
X of 23% and increased from Rs. 8175 Cr. as on 31.3.2012 to Rs.
10049 Cr. as on 31.03.2013.
10,049 =
+
fi
X
∞
s fl
—
F
‹
F
W X̆
;
F
‹
F
F
ó
Housing Loan increased by 25% and Mortgaged Loan increased
P
Ê
F
∏
F
U
‹
F
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
E
F
Ê
F
F
ı
F
K
+
µ
F
¤
F
Wk 25% E
Z
fi
P
;
F
fi
Ê
F
U
K
+
µ
F
¤
F
Wk 30% =
+
U
Ê
F
_P
by 30% during the Financial Year. Auto Loans, Education Loans
and Private Loans also showed healthy growth rates.
C
G
aó E
F
g©
X
K
+
µ
F
,
P
Ë
F
áF
F
K
+
µ
F
E
Z
fi
P
Œ
F
°
F
U
K
+
µ
F
¤
F
Wk ⁄
F
U
E
òö U
P
Ê
F
=
+
F
ı
F
º
fi
º
W&
F
U
;
F
G
aó
Education Loan Portfolio
30000
25000
20000
15000
10000
5000
0
2010-11
2011-12
2012-13
No. of Students
G
Œ
F
Ê
F

F
X
a¤
F
Wk,
Ÿ
F
Yk=
+
Œ
F
W⁄
F
F
fi
∂
F
¤
F
Wk E
Z
fi
P
Ê
F
º
WË
F
X
k
¤
F
Wk H
ò ò FP
Ë
F
áF
F“
F
—
∂
F=
+
fi
Œ
F
W=
W+
P
·
F
J30000
X̆
Œ
F
F̆
fi
ö F
∑
F
X
k=
+
X
ı
F
¤
F
ª
F
aŒ
F
P
=
+
‹
F
F
˘
Yó Ÿ
F
Yk=
+ 25000
G
ı
F
“
P
=
e+
‹
F
F
=
+
U
ı
F
]P
Ê
F
Õ
F
F
°
F
Œ
F
=
+
Ÿ
F
Œ
F
F
Œ
F
W=
W+ 20000
15000
P
·
F
J
Ë
F
YP
áF
=
+
ı
F
kı
ª
F
F
Œ
F
X
=
W+
ı
F
F
ª
F
©
F
G
aE
—
F 10000
=
+
U
Ê
‹
F
Ê
F
ı
ª
F
F
=
+
U
˘
Yó Ê
F

F
a 2012-13 ¤
F
Wk, 5000
0
Ÿ
F
Yk=
+
=
W+
P
Ë
F
áF
F
K
+
µ
F
‹
F
X
°
F
Œ
F
F
=
W+
∂
F
˘
∂
F
ı
F
¤
F
P
ª
F
a∂
F
ö F
∑
F
X
k=
+
U
ı
F
k&
‹
F
F
¤
F
Wk 13.20%
=
+
U
Ê
F
_P
º
°
F
a=
+
U
;
F
G
a˘
Ykó
Education Loan Portfolio
2010-11
2011-12
2012-13
No. of Students
Over the years, the Bank has
supported number of promising
students to pursue higher
education in India and abroad.
The Bank has gone for tie-up
arrangements with educational
institutions to facilitate the
process. The year 2012-13
registered an increase of 13.20%
in the number of students
supported under the Education
Loan scheme of the Bank.
P
Ê
F
∏
F
U
‹
F
Ê
F

F
a 2012-13 =
W º
Z
fi
F
Œ
F
Ÿ
F
Yk=
+
Œ
F
W“
P
∂
F
P
Ú
∂
F
P
Ÿ
F
·
∞
fi
X
k,
P
Ë
F
áF
F
ı
F
kı
ª
F
F
Œ
F
X
k,
=
+
F
fiBank has given special emphasis for making tie up arrangements
with reputed builders, Education Institutions, Car
P
Œ
F
¤
F
F
a∂
F
F
E
X
k/
∞
U
·
F
fi
X
kE
F
P
º
=
W+
ı
F
F
ª
F
;
F
*
Ÿ
F
kÕ
F
Œ
F
=
+
U
Ê
‹
F
F
Ê
F
ı
ª
F
F
—
F
fi
P
Ê
F
Ë
F
W
F
°
F
X
fi
P
º
‹
F
F
˘
Yó
Manufacturers/ Dealers etc. during the Financial Year 2012-13.
100 ı
F
WE
P
Õ
F
=
+
;
F
*
°
F
X
∞
s/
fi
µ
F
Œ
F
U
P
∂
F
;
F
*
°
F
X
∞
s=
W+
òF
·
F
∂
F
W&
F
]º
fi
F
K
+
µ
F
¤
F
Wk ∂
F
W°
F
U
ı
F
W More than 100 tie-ups/ strategic alliances were made which
P
Ê
F
=
+
F
ı
F
¤
F
Wk ¤
F
º
º
P
¤
F
·
F
U
˘
Ykó
helped faster growth of Retail Credit.
Ê
F
∂
F
a¤
F
F
Œ
F
P
Ê
F
∏
F
U
‹
F
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
Ÿ
F
Yk=
+
=
W+
21 á F
W∑
F
X
k¤
F
Wk 26 &
F
]º
fi
F
K
+
µ
F
=
W+
Œ
Ω
=
+
F
‹
F
a=
+
fiDuring the current Financial Year 26 Retail Hubs were
functioning in 21 Regions of the Bank. Retail Hubs mobilized
fĭ
Y˘
Ykó P
Ê
F
∏
F
Ê
F

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a=
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fi
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F
&
F
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fi
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+
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X
kı
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W 12500 “
ı
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F
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k=
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¤
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‹
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¤
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ı
F
W more than 12500 proposals amounting Rs. 1275 Cr. during the
1275 fl
.
fl
—
F
‹
F
W=
+
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fi
F
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ı
F
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;
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ó &
F
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fi
F
K
+
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=
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¤
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‹
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k=
+
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,
¤
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[fi
U year. The hubs also expedited appraisal, sanction and
E
Z
fi
ı
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kP
Ê
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∂
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fi
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F
¤
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Wk K
+
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k¤
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+
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a˘
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fi
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ı
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=
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·
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∂
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+
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F disbursement of Retail Loans there by substantially reducing the
turnaround time (TAT).
=
W+
ı
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kP
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fi
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¤
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Wk =
+
F
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+
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=
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¤
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E
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a˘
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During the Financial Year the Bank developed and launched a
P
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U
‹
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
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a=
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fi
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k=
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fi
F
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+
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F number of customer friendly Retail Loans like
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ı
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fi
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F
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fi
k⁄
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Scheme for Financing of ATM/ Cash Dispensers
l
J
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J
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/
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ı
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fi
=
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F
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·
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J
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l
United Gold Loan Scheme
l
‹
F
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F
G
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ı
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F
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F
aK
+
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l
United Short Term Loan Scheme for financing of Book money
l
—
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=
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k=
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F
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+
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F
l
United Education Loan Scheme for Vocational Training
l
Ê
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F
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ı
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F
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=
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áF
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l
United Mortgage Loan (New Scheme)
l
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kÕ
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=
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+
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(
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a‹
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X
°
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F
)
l
United Cash Rental
l
‹
F
]Œ
F
F
G
©
W∞
=
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Ë
F
fi
Wk©
·
F
During the Financial Year the Bank has taken proactive steps and
credited interest subsidy in Education Loan accounts and interest
P
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U
‹
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Ê
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
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a=
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fi
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fi
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Wk subvention on Housing Loan in all eligible accounts.
Ÿ
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F
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ı
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ı
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F
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fi
¤
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Wk ö [©
“
º
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P
=
+
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F
˘
Yó
Bank also introduced online application facility for Housing
Loan,
Ÿ
F
Yk=
+
Œ
F
WP
Ê
F
∏
F
U
‹
F
Ê
F

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a=
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fi
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E
F
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F
F
ı
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+
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,
E
F
g©
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K
+
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fi
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Ë
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áF
F
K
+
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=
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·
F
J Auto Loan and Education Loan during the Financial Year
which is being used by customers.
E
F
gŒ
F
·
F
F
G
Œ
F
E
F
Ê
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Wº
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=
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ı
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fi
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=
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°
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F
fĭ
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35
2012-13
Ê
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
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a=
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fi
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Œ
F
ı
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⁄
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U
&
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fi
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Õ
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F
fi
=
+
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k=
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¤
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a=
+
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ı
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P
=
e+
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=
+
fi
P
º
‹
F
F SMS alert to all the Retail borrowers has been activated during
the year.
;
F
‹
F
F
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Yó
©
dW°
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fi
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E
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fi
E
k∂
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fi
fi
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Ò
dU
‹
F
—
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P
fi
òF
F
·
F
Œ
F
TREASURY AND INTERNATIONAL OPERATIONS
The investment portfolio of the Bank also increased from 29,247
crores
as on 31.03.2012 to 33659 cr as on 31.03.2013 registering
31.03.2012 =
+
X
Ÿ
F
Yk=
+
=
W+
P
Œ
F
Ê
F
WË
F
—
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X
©
a◊
+
X
P
·
F
‹
F
X
29.247 =
+
fi
X
∞
s fl
—
F
‹
F
Wı
F
WŸ
F
≥
s=
+
fi
an increase of 15%. The SLR investment portfolio increased from
P
º
Œ
F
F
k=
+
31.03. 2013 =
+
X
33,659 =
+
fi
X
∞
s fl
—
F
‹
F
W X̆
;
F
‹
F
F
˘
Yk J
Ê
F
kG
ı
F
¤
F
Wk 15% =
+
U 22767 crores as on 31.03.2012 to Rs 25672 crores as on
Ê
F
_P
º
°
F
a=
+
U
;
F
G
aó 31.03.2012 =
+
X
Ÿ
F
Yk=
+
=
W+
J
ı
F
J
·
F
E
F
fi
P
Œ
F
Ê
F
WË
F
—
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X
©
a◊
+
X
P
·
F
‹
F
X 31.03.2013 registering an increase of 13%. Portfolio modified
22767 =
+
fi
X
∞
s fl
—
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J
ı
F
WŸ
F
≥
s=
+
fi
P
º
Œ
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F
k=
+
=
+
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25,672 =
+
fi
X
∞
s fl
—
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J
X̆
;
F
‹
F
F
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Ê
F
k duration came down to 4.90 years as at March 2013 from 4.91
G
ı
F
¤
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Wk 13% =
+
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Ê
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_P
º
°
F
a=
+
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;
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G
aó —
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X
©
a◊
+
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ı
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∂
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¤
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F
òF
a 2013 years a year ago. The modified duration of the Available for Sale
¤
F
Wk f
F
©
=
+
fi
4.90 X̆
;
F
‹
F
F
°
F
X
P
=
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=
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F

F
a—
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·
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W 4.91 ª
F
F
ó ·
F
f
F
]P
º
Œ
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F
kP
=
+
∂
F (AFS) portfolio has increased to 4.14 years as at March 2013 from
3.27 years as at March 2012 due to redemption of short dated
“
P
∂
F
⁄
F
[P
∂
F
‹
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X
kE
Z
fi
¤
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Õ
‹
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¤
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E
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fi
·
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kŸ
F
U
P
º
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F
kP
=
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⁄
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∂
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‹
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X
k¤
F
Wk P
=
+
J
;
F
J
P
Œ
F
Ê
F
WË
F
=
W+ securities and fresh investment made in medium and long dated
¤
F
X
òF
Œ
F
=
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=
+
F
fi
µ
F
¤
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F
òF
a 2013 ¤
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Wk P
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=
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U
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—
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·
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Õ
F
ı
F
kË
F
X
P
Õ
F
∂
F
(
J
J
◊
+
J
ı
F
)
securities.
—
F
X
©
a◊
+
X
P
·
F
‹
F
X
¤
F
Wk 4.14 Ê
F

F
a=
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C
G
a˘
Y°
F
X
P
=
+
J
=
+
Ê
F

F
a—
F
˘
·
F
W 31.03.2012 =
+
X
The moderation in interest rate scenario was conducive to
3.27 Ê
F

F
aª
F
F
ó
increased trading activities and the focus shifted from yield
enhancement to increase trading profit and the effect was visible
Ÿ
‹
F
F
°
F
º
fi
—
F
P
fi
º
_Ë
‹
F
¤
F
Wk ı
F
k∂
F
]·
F
Œ
F
Ê
F
_P
Ê
‹
F
F
—
F
F
P
fi
=
+
;
F
P
∂
F
P
Ê
F
P
Õ
F
‹
F
X
k=
W+
P
·
F
J
E
Œ
F
]=
[+
·
F
ª
F
F as the Bank earned a total trading profit of Rs 467 Cr during the
E
Z
fi
Õ
‹
F
F
Œ
F
“
P
∂
F
·
F
F
⁄
F
Ÿ
F
≥
sF
Œ
F
W=
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U
°
F
;
F
˘
Ê
‹
F
F
—
F
F
P
fi
=
+
·
F
F
⁄
F
fĭ
F
E
Z
fi
G
ı
F
=
W+
òF
·
F
∂
F
WP
—
F
ö ·
F
W year as compared to 218 Cr during the previous year.
Ê
F

F
a=
W+
218 =
+
fi
X
∞
s fl
—
F
J
=
+
U
∂
F
]·
F
Œ
F
F
¤
F
Wk Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
Ÿ
F
Yk=
+
Œ
F
W 467 =
+
fi
X
∞
s fl
—
F
J
=
W+
The average return on investment during the year was 8.05%
=
]+
·
F
Ê
‹
F
F
—
F
F
fi
·
F
F
⁄
F
E
P
°
F
a∂
F
P
=
+
‹
F
F
ó
(7.61% during previous year) and the Current Yield on
Investment portfolio increased from 7.82% as on 31.03.2012 to
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
P
Œ
F
Ê
F
WË
F
—
F
fi
E
Z
ı
F
∂
F
E
F
‹
F
8.05% (
P
—
F
ö ·
F
WÊ
F

F
a=
W+
º
Z
fi
F
Œ
F
7.61%) ª
F
F 7.91% as on 31.03.2013.
E
Z
fi
P
Œ
F
Ê
F
WË
F
—
F
X
©
a◊
+
X
P
·
F
‹
F
X
—
F
fi
Ê
F
∂
F
a¤
F
F
Œ
F
“
P
∂
F
·
F
F
⁄
F
31.03.2013 =
+
X
Ÿ
F
≥
s=
+
fi
7.91%
Foreign business Turn over of the Bank aggregated to Rs.17684
X̆
;
F
‹
F
F
°
F
X
31.03.2012 =
+
X
7.82% ª
F
F
ó
crore, comprising Rs.6163 crore under exports, Rs.5176 crore
under imports and Rs.6345 crore under remittances as at March,
¤
F
F
òF
a,
2013 =
+
X
Ÿ
F
Yk=
+
=
+
F
=
]+
·
F
P
Ê
F
º
WË
F
Ê
‹
F
F
—
F
F
fi
=
+
F
fi
X
Ÿ
F
F
fi
17684 =
+
fi
X
∞
s fl
—
F
‹
F
W fĭ
F 2013.
G
ı
F
¤
F
Wk ı
F
WP
Œ
F
‹
F
F
a∂
F
=
W+
∂
F
˘
∂
F
6163 =
+
fi
X
∞
s fl
—
F
‹
F
W,
E
F
‹
F
F
∂
F
=
W+
∂
F
˘
∂
F
5176 fl
—
F
‹
F
WE
Z
fi
Outstanding export credit of the Bank stood at Rs.1248 crore as at
P
Ê
F
“
W
F
µ
F
=
W+
∂
F
˘
∂
F
6345 =
+
fi
X
∞
s fl
—
F
‹
F
W fĭ
F
ó
March, 2013. Bank has earned exchange income Rs107.88 crore
Ÿ
F
Yk=
+
=
+
F
Ÿ
F
=
+
F
‹
F
F
P
Œ
F
‹
F
F
a∂
F
K
+
µ
F
¤
F
F
òF
a,
2013 =
+
X
1248 =
+
fi
X
∞
s fl
—
F
‹
F
Wª
F
F
ó ¤
F
F
òF
a, as at March, 2013.
2013 ¤
F
Wk,
Ÿ
F
Yk=
+
Œ
F
W 107.88 =
+
fi
X
∞
s fl
—
F
‹
F
W=
+
U
P
Ê
F
º
WË
F
U
¤
F
]Ω
F
=
+
U
E
F
‹
F
=
+
U
˘
Yó
The Bank's overseas presence covered two (2) countries, with one
Representative offices at Dhaka, Bangladesh and another in
Ÿ
F
Yk=
+
=
W+
02 P
Ê
F
º
WË
F
U
=
+
F
‹
F
F
a·
F
‹
F
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YG
ı
F
¤
F
Wk ı
F
WJ
=
+
≥
F
=
+
F
,
Ÿ
F
F
k;
·
F
F
º
WË
F
¤
F
Wk E
Z
fi
º
[ı
F
fi
F Yangon, Myanmar. United Bank is the only Indian Bank to have
‹
F
F
k;
F
[Œ
F
,
¤
‹
F
F
k¤
F
F
fi
¤
F
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P
∂
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P
Œ
F
P
Õ
F
=
+
F
‹
F
F
a·
F
‹
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F
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F
F
G
∞
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Ÿ
F
Yk=
+
⁄
F
F
fi
∂
F
=
+
F
—
F
˘
·
F
F
Ÿ
F
Yk=
+
˘
Y presence in Myanmar. Indo-Myanmar trade is routed to our Bank.
Six banks of Bangladesh maintain ten(10) Vostro accounts in
P
°
F
ı
F
=
+
F
¤
‹
F
F
k¤
F
F
fi
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Wk H
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P
ı
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F
P
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F
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F
F
fi
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F
E
Z
fi
¤
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F
F
k¤
F
F
fi
=
W+
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‹
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F
—
F
F
fi
¤̆
F
F
fi
WŸ
F
Yk=
+
ı
F
W=
+
U USD and EURO currency and four(4) Banks in Myanmar
°
F
F
∂
F
U
˘
Yó Ÿ
F
F
k;
·
F
F
º
WË
F
=
W+
06 Ÿ
F
Yk=
+¤̆
F
F
fi
WŸ
F
Yk=
+
¤
F
Wk 10 Ê
F
X
ı
©
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36
Annual Report
2012-13
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38.069 financial year, Bank carried out a total of 38069 transactions
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2007 ı
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kW ∞
U
¤
F
©
W ı
F
Ê
WF
F
E
X
=
+
U
—
F
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=
+
Ë
F
=
+
U
˘
óY Ÿ
F
=
kY + since 2007. U-Connect, an internet
th
launched
by
the
Bank
on
12
November,
2012 jointly with
¬
F
fi
F
∞
U
¤
F
©
Y ı
F
Ê
WF
F
E
X
k=
+
Wı
F
F
ª
F
E
F
Œ
gF
·
F
F
G
Œ
F
Ê
‹
F
F
—
F
F
fi
=
+
fi
Œ
F
W=
+
U
ı
F
P
]Ê
F
Õ
F
F
ı
F
P
˘
∂
F
Ÿ
F
=
kY +
=
+
WŸ
F
òF
∂
F
/
Calcutta Stock Exchange to integrate the Bank's Savings/Current
òF
F
·
F
[Ÿ
F
=
kY +
&
F
F
∂
F
W=
+
X
ı
F
¤
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P
Œ
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F
∂
F
=
+
fi
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W=
+
WP
·
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=
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·
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=
+
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ı
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F
=
g+
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Éı
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òF
°
kW F
=
+
Wı
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F
ª
F
12 Bank account with the Demat services along with the facility to
Œ
F
Ê
F
¤
Ÿ
F
fi
,
2012 =
+
X
‹
F
[=
+
Œ
F
ÉW ©
,
J
=
+
G
©
a fi
kŒ
F
©
W E
F
Õ
F
F
P
fi
∂
F
©
P
Wd ∞
;
kF
=
+
U
ı
F
P
]Ê
F
Õ
F
F
Ë
F
fl
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+
U
;
F
‹
F
U
ó
trade online. The same also enables one to monitor all
‹
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F
=
kY +
=
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X
fi
ı
F
WH
—
F
·
F
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F
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F
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=
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U
ı
F
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F
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F
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ı
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;
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W transactions related to demat and trading by way of the net
banking facility available from the Bank's side.
ı
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P
kÕ
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∂
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ı
F
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F
U
·
F
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WF
º
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—
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fi
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F
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F
fi
fi
&
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·
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F
U
ı
F
áF
¤
F
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∞
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¤
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fi
©
dWP
∞
k;
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P
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⁄
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F
;
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·
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31¤
F
F
òF
a,
2013 ∂
F
=
+
=
+
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Ê
‹
F
F
—
F
F
fi
E
F
k=
+
∞
sF The business figures as on March 31, 2013 for the Demat and
Trading Department can summarized as given below.
P
Œ
F
¤
Œ
F
P
·
F
P
&
F
∂
F
=
W+
fl
—
F
¤
F
Wk ı
F
ká F
W—
F
P
=
+
‹
F
F
°
F
F
ı
F
=
+
∂
F
F
˘
Y:
(
fl
.
·
F
F
&
F
¤
F
Wk)
(Amt Rs. Lakh)
F
=
+
&
F
F
∂
F
X
k=
+
U
P
Ê
F
∏
F
U
‹
F
Ê
F

F
a 2012- 31/03/13 ∂
=
e+
¤
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S l. Business
Ê
‹
F
F
—
F
F
fi
E
F
‹
F
No
=
]
+
·
F
ı
F
k
&
‹
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F
13
=
W
+
º
Z
fi
F
Œ
F
Œ
F
‹
F
W
&
F
F
∂
F
W
ı
F
k.
1 ∞
586
8586
13.25
1 Demat
U
¤
F
Wk©
Trading (w.e.f. 12th
©
dWP
∞
k;
F
(P
º
Œ
F
F
k=
+
12
2
345
345
1.52
2
November, 2012
Œ
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F
kŸ
F
fi
,
2012ı
F
W“
⁄
F
F
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)
=
]+
·
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14.77
TOTAL
37
New Accounts
during the FY
2012 -13
586
Total Number of
Accounts as on
31/03/13
8586
345
345
Income
13.25
1.52
14.77
2012-13
ı
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citizens of India.
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PFRDA in January, 2013 and 1400 branches of the Bank have
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ı
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P
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W people. The Bank has registered 7075 subscribers from
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;
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Swavalamban Yojana during the Financial Year 2012-13.
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F Central Pension Processing Centre (CPPC) set up at H.O. is
·
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01.01.2013 ı
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01.01.2013.
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·
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ı
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2011 -12
2.62
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31.59
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0.38
0.66
58.47
2012 -13
3.25
16.94
32.26
9.16
0.47
0.83
62.91
TAX
PENSION
SCHOOL SALARY
TREASURY
PPF,SCSS, BOND & SDS
DMA
TOTAL
38
Turn Over Commission (TOC) Earned
(Rs. in crore)
2011 -12
2.62
15.12
31.59
8.10
0.38
0.66
58.47
2012 -13
3.25
16.94
32.26
9.16
0.47
0.83
62.91
Annual Report
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40
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2012-13
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42
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W+
fi
F
Ò
dU
‹
F
·
F
á‹
F
=
W+
¤
F
]=
+
F
Ê
F
·
F
Wı
F
¤
F
F
‹
F
X
P
°
F
∂
F
Ë
F
] Ÿ
F
Yk=
+ 31st March 2013, registering a growth of 15.03%. The Priority
K
+
µ
F
=
+
F
40.12% C
E
F
ó ⁄
F
F
fi
∂
F
U
‹
F
P
fi
°
F
Ê
F
aŸ
F
Yk=
+
¬
F
fi
F
“
F
ª
F
P
¤
F
=
+
∂
F
F
áF
W∑
F
E
P
;
F
e¤
F
—
F
fiSector advances accounted for 40.12% of the Adjusted Net Bank
ı
F
kË
F
X
P
Õ
F
∂
F
P
º
Ë
F
F
P
Œ
F
º
WaË
F
°
F
F
fi
U
=
+
fi
Œ
F
W=
W+
Ÿ
F
F
º
Ÿ
F
Yk=
+
Œ
F
W·
F
P
áF
∂
F
ı
∂
F
fi
=
+
X
“
F
—
∂
F
ı
F
]P
Œ
F
P
Ë
òF
∂
F Credit as against national target of 40%. To ensure attaining the
=
+
fi
Œ
F
W=
W+
P
·
F
J
=
+
G
a=
+
º
¤
F
H
*
F
‹
F
F
,
E
ª
F
F
a∂
F
,
P
;
F
fi
Ê
F
U
P
Ê
F
∏
F
—
F
X

F
µ
F
=
W+
P
·
F
J
ı
F
k—
F
F
P
Ë
Ê
F
a=
+ targeted level even after issuance of revised guidelines on Priority
Sector Advances by Reserve Bank of India, the Bank has taken
“
Ÿ
F
kÕ
F
Œ
F
=
k+
—
F
P
Œ
F
‹
F
X
k=
+
U
P
Œ
F
‹
F
]P
É∂
F
,
º
];
Õ
F
H
∂
—
F
F
º
Œ
F
,
¤
F
];
F
U
a—
F
F
·
F
Œ
F
,
Ê
F
_á F
F
fi
X
—
F
µ
F
E
F
P
º
E
Z
fiseveral steps, viz. engaging Collateral Management Companies
¤
F
[·
F
—
F
P
fi
ı
F
k—
F
P
∏
F
‹
F
X
k=
W+
“
P
∂
F
⁄
F
[P
∂
F
=
+
fi
µ
F
°
F
Yı
F
WŸ
F
∞
sW E
F
=
+
F
fi
=
+
U
G
=
+
F
G
‹
F
X
k=
+
X
P
Ê
F
∏
F
“
º
F
Œ
F for Pledge Financing, extending finance to large size units of
Dairy, Poultry, Plantation etc. and securitization of pool assets.
E
F
P
º
Ë
F
F
P
¤
F
·
F
˘
Yó
“
F
ª
F
P
¤
F
=
+
∂
F
F
“
F
—
∂
F
áF
W∑
F
E
P
;
F
e¤
F
=
]+
·
F
“
F
ª
F
P
¤
F
=
+
∂
F
F
áF
W∑
F
=
_+
P

F
“
∂
‹
F
áF
=
_+
P

F
¤
F
F
ò F
a¤
F
Wk =
W+
fl
—
F
¤
F
Wk
P
Ê
F
=
+
F
ı
F
fi
F
P
Ë
F
%
15.03
3346
Priority Sector Advances
As at March
2012
2013
22528
25604
Growth
Amount
%
15.03
3346
2012
22528
2013
25604
8144
9571
1427
17.52
Agriculture
8144
9571
1427
17.52
6016
6725
709
11.79
Direct Agriculture
6016
6725
709
11.79
=
_+
P

F
K
+
µ
F
:
Total Priority Sector
Agriculture Lending:
=
_+
P

F
áF
W∑
F
=
+
X
=
W+
K
+
µ
F
º
WŒ
F
W=
W+
P
·
F
J
31 ¤
F
F
òF
a,
2012 =
+
X
fl
.
8,144 =
+
fi
X
∞
s=
+
U Lending to Agriculture Sector has increased from Rs.8,144 crore
∂
F
]·
F
Œ
F
F
¤
F
Wk 31¤
F
F
òF
a,
2013=
+
X
17.53%=
+
U
Ê
F
_P
º
°
F
a=
+
fi
∂
F
WC
J
fl
.
9571=
+
fi
X
∞
s as at 31st March 2012 to Rs.9571 crore as at 31st March 2013,
registering a growth of 17.53%. The percentage share of lending
C
E
F
ó 31 ¤
F
F
òF
a 2013,
=
+
X
ı
F
¤
F
F
‹
F
X
P
°
F
∂
F
=
_+
P

F
K
+
µ
F
=
+
F
“
P
∂
F
Ë
F
∂
F
14.99% C
E
F
ó
to Agriculture constitutes 14.99% of the Adjusted Net Bank
“
∂
‹
F
áF
=
_+
P

F
=
W+
∂
F
˘
∂
F
E
P
;
F
e¤
F
31 ¤
F
F
°
F
a,
2012 =
+
X
6016 =
+
fi
X
∞
s=
+
U
∂
F
]·
F
Œ
F
F
¤
F
Wk Credit as on 31st March 2013. Advances under Direct
11.79% =
+
U
Ê
F
_P
º
°
F
a=
+
fi
∂
F
WC
J
31 ¤
F
F
òF
a,
2013 =
+
X
fl
.
6725 =
+
fi
X
∞
sC
E
F
ó
Agriculture has increased from Rs.6016 crore as at 31st March
“
∂
‹
F
áF
=
_+
P

F
K
+
µ
F
=
+
F
“
P
∂
F
Ë
F
∂
F
31 ¤
F
F
òF
a,
2013 =
+
U
P
ı
ª
F
P
∂
F
=
W+
E
Œ
F
]ı
F
F
fi
ı
F
¤
F
F
‹
F
X
P
°
F
∂
F 2012 to Rs.6725 crore as at 31st March 2013, registering a growth
of 11.79%. The percentage share of lending to Direct Agriculture
Ë
F
] Ÿ
F
Yk=
+
K
+
µ
F
=
+
F
10.53% =
+
F
C
E
F
ó
constitutes 10.53% of the Adjusted Net Bank Credit as on 31st
March 2013.
Ÿ
F
Yk=
+
Œ
F
WP
Ê
F
∏
F
U
‹
F
=
W+
º
Z
fi
F
Œ
F
=
_+
P

F
=
W+
∂
F
˘
∂
F
25.68% =
+
U
Ê
F
_P
º
°
F
a=
+
fi
∂
F
WC
J
2.57
·
F
F
&
F
P
=
+
ı
F
F
Œ
F
X
k=
+
X
Ë
F
F
P
¤
F
·
F
P
=
+
‹
F
F
E
Z
fi
fl
.
4282 =
+
fi
X
∞
sP
Ê
F
∂
F
P
fi
∂
F
P
=
+
‹
F
F
ó
The Bank disbursed Rs.4282 crore under agriculture covering
2.57 lakh farmers during the financial year registering an increase
of 25.68%
¤
F
Õ
‹
F
¤
F
E
Z
fi
·
F
f
F
]H
√
¤
F
=
+
X
H
Õ
F
F
fi
=
W+
∂
F
˘
∂
F
Ê
F

F
aÊ
F
F
fi
=
W+
E
F
Õ
F
F
fi
—
F
fi
2
0
.
8
5
£
F
=
+
U Lending to MSE
Ê
F
_P
º
°
F
a=
+
fi
∂
F
WC
J
(
31 ¤
F
F
òF
a,
2012 =
+
X
fl
.
9162 =
+
fi
X
∞
sı
F
W 31 ¤
F
F
òF
a,
2013 =
+
X
Lending under MSE sector has been increased by Rs.1910 crore
fl
.
11072 =
+
fi
X
∞
s)
fl
.
1910 =
+
fi
X
∞
sÊ
F
_P
C
E
F
ó 31.12.2012 ∂
F
=
+
=
]+
·
F
Ÿ
F
Yk=
+ (from Rs.9162 crore in March 2012 to Rs.11072 crore in March
K
+
µ
F
=
+
F
¤
F
Õ
‹
F
¤
F
E
Z
fi
·
F
f
F
]H
√
¤
F
=
+
X
H
Õ
F
F
fi
=
+
F
“
P
∂
F
Ë
F
∂
F
E
kË
F
17.61% fĭ
F
ó
2013) representing a growth of 20.85% on a Y-o-Y basis. The
percentage share of lending to MSE sector is 17.61% of ANBC as
on 31.03.2012.
¤
F
Õ
‹
F
¤
F
E
Z
fi
·
F
f
F
]H
√
¤
F
=
+
X
H
Õ
F
F
fi
43
2012-13
=
+
¤
F
°
F
X
fi
Ê
F
;
F
a=
W+
P
·
F
J
H
Õ
F
F
fi
:
Lending to Weaker Section:
=
+
¤
F
°
F
X
fi
Ê
F
;
F
a=
+
WP
·
F
J
K
+
µ
F
31 ¤
F
F
òF
,
a 2012 =
+
X
fl
.
7617 =
+
fi
X
∞
s=
+
U
∂
F
·
]F
Œ
F
F
¤
F
kW 3
1
¤
F
F
òF
,
a Lending to weaker section increased from Rs.7,617 crore as at 31
March 2012 to Rs.8083 crore as at 31st March 2013, representing
2013 =
+
X
6.12% =
+
U
Ê
F
P
_ º
°
F
a=
+
fi
∂
F
WC
J
fl
.
8083 =
+
fi
X
∞
sC
E
F
ó J
J
Œ
F
Ÿ
F
U
ı
F
U
=
+
WP
·
F
J
a growth of 6.12%, The share of weaker section to ANBC stands
=
+
¤
F
°
F
X
fi
º
;
F
a=
+
WË
F
‹
WF
fi
=
+
F
“
P
∂
F
P
Œ
F
P
Õ
F
∂
Ê
F
31 ¤
F
F
òF
,
a 2013 =
+
X
∂
F
=
+
10% fi
F

©
U
d‹
F
·
F
á‹
F
=
+
U at 12.65% as on 31st March 2013 against a national target of 10%.
∂
F
·
]F
Œ
F
F
¤
F
kW 12.65% fĭ
F
ó ∞
U
E
F
fi
E
F
G
a‹
F
X
°
F
Œ
F
F
=
+
W∂
F
˘
∂
F
E
P
;
F
¤
eF
31 ¤
F
F
òF
,
a 2012 =
+
X Advance under DRI Scheme which was Rs.20.49 crore as on
fl
.
20.49 =
+
fi
X
∞
s=
+
U
∂
F
·
]F
Œ
F
F
¤
F
kW fl
.
39.94 =
+
fi
X
∞
s=
+
U
Ê
F
P
_ X̆
∂
F
WC
J
31 ¤
F
F
òF
,
a 2013 =
+
X 31.03.2012 increased to Rs.39.94 crore as on 31.03.2013
registering a growth of 94.97%.
‹
F
˘
94.97% =
+
U
Ê
F
P
_ º
°
F
a=
+
fi
∂
F
WC
J
fl
.
39.94 =
+
fi
X
∞
sC
E
F
ó
3
1
¤
F
F
òF
a,
2
0
1
3
∂
F
=
+
=
+
¤
F
°
F
X
fi
Ê
F
;
F
a=
+
X
E
P
;
F
e¤
F
=
W+
P
Ê
F
P
⁄
F
Œ
Œ
F
f
F
©
=
+
G
ı
F
“
=
+
F
fi
˘
Y: Various components of weaker section Advances as at March
2013 is as under:
=
e+
¤
F
:
ı
F
k.ı
F
WÉ ©
ı
F
a
(
fl
.
fi
F
P
Ë
F
=
+
fi
X
∞
s¤
F
Wk)
Ÿ
F
=
+
F
‹
F
F
Sl No.
Sectors
Small & Marginal farmers, Landless Labourers,
Tenant Farmers & Sharecroppers
Artisans, Village & Cottage Industries
1
·
F
f
F
]E
Z
fi
ı
F
U
¤
F
F
k∂
F
P
=
+
ı
F
F
Œ
F
X
k,
⁄
F
[P
¤
F
Ŭ
Œ
F
Í
F
P
¤
F
=
+
X
k,
P
=
+
fi
F
‹
F
Wº
F
fi
P
=
+
ı
F
F
Œ
F
E
Z
fi
Ÿ
F
©
F
G
aº
F
fi
3075
1
2
3
4
5
6
7
8
=
+
F
fi
X
;
F
fi
X
k,
;
F
eF
¤
F
U
µ
F
J
Ê
F
k=
]+
©
U
fi
H
√
X
;
F
E
Œ
F
]ı
F
[P
òF
∂
F
°
F
F
P
∂
F
/E
Œ
F
]ı
F
[P
òF
∂
F
°
F
Œ
F
°
F
F
P
∂
F
=
W+
·
F
F
⁄
F
F
P
ª
F
a‹
F
X
k
∞
U
E
F
fi
E
F
G
aK
+
µ
F
ı
Ê
F
µ
F
a°
F
‹
F
k∂
F
U
ı
Ê
F
fi
X
°
F
;
F
F
fi
‹
F
X
°
F
Œ
F
F
=
W+
·
F
F
⁄
F
F
P
ª
F
a‹
F
X
k
ı
Ê
F
µ
F
a°
F
‹
F
k∂
F
U
Ë
F
˘
fi
U
ı
Ê
F
fi
X
°
F
;
F
F
fi
‹
F
X
°
F
Œ
F
F
=
W+
·
F
F
⁄
F
F
P
ª
F
a‹
F
X
k
J
ı
F
J
òF
°
F
U
/J
Œ
F
°
F
U
E
X
/J
¤
F
J
◊
+
E
F
G
a
J
ı
F
J
·
F
E
F
fi
J
ı
F
=
+
X
E
P
;
F
e¤
F
185
3976
40
169
38
599
0.91
2
3
4
5
6
7
8
E
·
—
F
ı
F
k&
‹
F
=
+
ı
F
¤
F
]º
F
‹
F
=
+
X
K
+
µ
F
:
SC/ ST beneficiaries
DRI Loans
SJSY beneficiaries
SJSRY beneficiaries
SHG / NGOs/ MFIs
Advances to SLRS
(Amt in Rs. Crore)
Outstanding
3075
185
3976
40
169
38
599
0.91
Lending to Minority Community:
E
·
—
F
ı
F
k&
‹
F
=
+
ı
F
¤
F
]º
F
‹
F
=
W+
P
·
F
J
Ÿ
F
Yk=
+
=
+
F
K
+
µ
F
¤
F
F
òF
a 2012 =
W+
E
k∂
F
∂
F
=
+
fl
.
3346 Bank's lending to Minority Communities increased from
Rs.3,346 crore as at end of March 2012 to Rs.3859 crore as at the
=
+
fi
X
∞
s=
+
U
∂
F
]·
F
Œ
F
F
¤
F
Wk 31 ¤
F
F
òF
a 2013 =
W+
E
k∂
F
¤
F
Wk 15.33% =
+
U
Ê
F
_P
F̆
P
ı
F
·
F
=
+
fi
∂
F
W end of March 2013 achieving a growth of 15.33%. The share of
C
J
fl
.
3859=
+
fi
X
∞
sC
E
F
óŸ
F
Yk=
+
=
W+
“
F
ª
F
P
¤
F
=
+
∂
F
F
á F
W∑
F
=
+
X
K
+
µ
F
º
WŒ
F
W¤
F
WkE
·
—
F
ı
F
k&
‹
F
=
+ lending to Minority Communities in the Priority Sector lending of
ı
F
¤
F
]º
F
‹
F
=
+
X
K
+
µ
F
º
WŒ
F
W=
+
F
Ë
F
W‹
F
fi
31 ¤
F
F
òF
a 2013 =
+
U
P
ı
ª
F
P
∂
F
=
W+
E
Œ
F
]ı
F
F
fi
15.06% the Bank stands at 15.06% as on 31st March 2013.
fĭ
F
ó
Lending to Women Beneficiaries:
¤
F
P
˘
·
F
F
·
F
F
⁄
F
F
P
ª
F
a‹
F
X
k=
+
X
K
+
µ
F
:
Lending to women beneficiaries has increased by Rs.187 Crore
during
2012-13 (from Rs.3208 Crore as on 31.03. 2012 to
¤
F
P
˘
·
F
F
·
F
F
⁄
F
F
P
ª
F
a‹
F
X
k=
+
X
K
+
µ
F
º
WŒ
F
W¤
F
WÊ
F

F
a 2012-13 ¤
F
Wk 5.8% =
+
U
Ê
F
_P
“
P
∂
F
P
Œ
F
P
Õ
F
∂
Ê
F
Rs.3395
Crore as on 31.03.2013) representing a growth of 5.8%.
=
+
fi
∂
F
WC
J
187 =
+
fi
X
∞
s=
+
U
Ê
F
_P
C
G
a(
31.03.2012 =
+
X
fl
.
3208 =
+
fi
X
∞
sı
F
W.
As on 31.03.2013, the percentage share of lending to women
31.03.2013 =
+
X
fl
.
3395 =
+
fi
X
∞
sC
E
F
)
ó 31.03.2013 ¤
F
Wk ¤
F
P
˘
·
F
F
·
F
F
⁄
F
F
P
ª
F
a‹
F
X
k beneficiaries stands at 5.31% of ANBC as against national target
=
+
X
K
+
µ
F
º
WŒ
F
W=
+
F
“
P
∂
F
Ë
F
∂
F
P
ı̆
ı
F
Wº
F
fi
U
5
£
F
=
W+
fi
F
Ò
dU
‹
F
·
F
á‹
F
=
W+
¤
F
]=
+
F
Ÿ
F
·
F
W=
]+
·
F
Ÿ
F
Yk=
+ of 5%.
K
+
µ
F
5.31% C
E
F
ó
Kisan Credit Card:
P
=
+
ı
F
F
Œ
F
=
eW+
P
∞
©
=
+
F
∞
a:
The Bank has successfully organized sensitization programmes
Ÿ
F
Yk=
+
Œ
F
Wı
F
kË
F
X
P
Õ
F
∂
F
‹
F
X
°
F
Œ
F
F
=
W+
∂
F
˘
∂
F
=
_+

F
=
+
ı
F
¤
F
]º
F
‹
F
=
W+
ı
F
⁄
F
U
“
=
+
F
fi
=
+
U
°
F
fl
fi
∂
F
X
k=
+
X for issuance of Kisan Credit Card (KCC) under revised scheme
&
‹
F
F
·
F
fi
&
F
Œ
F
W=
W+
H
«
WË
‹
F
ı
F
W°
F
Yı
F
W,
H
∂
—
F
F
º
Œ
F
,
P
Œ
F
Ê
F
WË
F
,
=
_+
P

F
H
—
F
=
+
fi
µ
F
X
k=
W+
fi
&
F
fi
&
F
F
Ê
F
, having composite credit limit for 5 years taking care of all types of
=
+
—
F
∂
F
E
F
P
º
=
W+
ı
F
F
ª
F
ı
F
F
ª
F
Ê
F
F
P

F
a=
+
¤
F
[·
‹
F
Ê
F
_P
=
W+
fl
—
F
¤
F
Wk 5 ı
F
F
·
F
=
W+
P
·
F
J
ı
F
¤
F
;
F
e needs of the farming community towards production, investment,
=
eW+
P
∞
©
ı
F
U
¤
F
F=
+
X
º
_P
Ò
;
F
∂
Ffi
&
F
=
+
fi
ı
F
◊
+
·
F
∂
F
F
—
F
[Ê
F
a=
+
ı
F
Ê
F
Wº
U
=
+
fi
µ
F=
+
F
‹
F
a=
e+
¤
F
X
k=
W+ maintenance of farm equipments, consumption as well as annual
price escalation.
E
F
‹
F
X
°
F
Œ
F
¬
F
fi
F
P
=
+
ı
F
F
Œ
F
=
eW+
P
∞
©
=
+
F
∞
a(
=
Y+
ı
F
U
ı
F
U
)
°
F
F
fi
U
P
=
+
‹
F
F
ó
‹
F
X
°
F
Œ
F
F
=
W+
“
F
fi
k⁄
F
=
W+
Ÿ
F
F
º
ı
F
WŸ
F
Yk=
+
Œ
F
W fl
.
2461 =
+
fi
X
∞
s=
+
U
=
]+
·
F
fi
F
P
Ë
F
=
+
F
8.47 ·
F
F
&
F Since inception of the scheme the Bank has issued a total of 8.47
lakh KCC amounting to Rs.2461 crore. The Bank has issued
=
W+
ı
F
U
ı
F
U
°
F
F
fi
U
P
=
+
‹
F
F
Ÿ
F
Yk=
+
Œ
F
W 2011-2012 ¤
F
Wk fl
.
555 =
+
fi
X
∞
sı
F
kP
Ê
F
∂
F
fi
µ
F
=
W+
ı
F
F
ª
F 152502 fresh KCCs during 2012-13 with credit limits of Rs.704
157613 ı
F
k&
‹
F
=
+
=
W+
ı
F
U
ı
F
U
=
+
U
∂
F
Z
·
F
Œ
F
F
¤
F
Wk 2012-13 =
W+
º
Z
fi
F
Œ
F
Œ
F
J
152502 crore against 157613 numbers of KCCs with disbursement of
=
W+
ı
F
U
ı
F
U
°
F
F
fi
U
P
=
+
‹
F
F
ó 31.03.2012 =
+
U
P
ı
ª
F
P
∂
F
=
W+
E
Œ
F
]ı
F
F
fi
31.03.2012 ∂
F
=
+ Rs.555 crore during 2011-12. As on 31.03.2013 the outstanding
=
W+
ı
F
U
ı
F
U
Õ
F
F
fi
=
+
363375 =
+
X
fl
.
1013 =
+
fi
X
∞
s fi
F
P
Ë
F
=
W+
J
Ê
F
°
F
¤
F
Wk 31.03.2013 =
+
X number of KCCs issued was 466712 with aggregate credit limit
of Rs.1454.26 crore against an amount of Rs.1013 crore to
fl
.
1454.26 =
+
fi
X
∞
s fi
F
P
Ë
F
=
+
U
=
]+
·
F
K
+
µ
F
ı
F
U
¤
F
F
=
W+
ı
F
F
ª
F
=
W+
ı
F
U
ı
F
U
=
+
U
Ê
F
_P
363375 KCC holders as on 31.03.2012. The growth of KCC in
43.56% =
W+
ı
F
F
ª
F
466721 ı
F
k&
‹
F
=
+
=
W+
ı
F
U
ı
F
U
°
F
F
fi
U
P
=
+
J
;
F
J
ó
amount during the year 2012-13 is 43.56%.
44
Annual Report
2012-13
In line with the Government guidelines on issuance of Rupay
ı
F
fi
=
+
F
fi
=
W+
P
º
Ë
F
F
P
Œ
F
º
aWË
F
X
k=
W+
E
Œ
F
]ı
F
F
fi
ı
F
⁄
F
U
P
=
+
ı
F
F
Œ
F
=
eW+
P
∞
©
=
+
F
∞
aÕ
F
F
fi
=
+
X
k=
+
X
fl
—
F
J
based
ATM enabled cards to all the KCC holders, the Bank has
E
F
Õ
F
F
P
fi
∂
F
J
©
U
J
¤
F
=
+
F
∞
a°
F
F
fi
U
P
=
+
‹
F
F
;
F
‹
F
F
ó Ÿ
F
Yk=
+
Œ
F
W 2012-13 ¤
F
Wk E
—
F
Œ
F
WP
=
+
ı
F
F
Œ
F
issued 5000 such ATM cards to its KCC holders in 2012-13.
=
eW+
P
∞
©
=
+
F
∞
aÕ
F
F
fi
=
+
X
k=
W+
P
·
F
J
J
Wı
F
F
5000 J
©
U
J
¤
F
=
+
F
∞
a°
F
F
fi
U
P
=
+
‹
F
F
˘
Yó
Self Help Group:
ı
Ê
F
‹
F
kı
F
F̆
‹
F
∂
F
F
ı
F
¤
F
[ :̆
P
Ê
F
∏
F
Ê
F

F
a 2011-12 =
W+
º
Z
fi
F
Œ
F
fl
.
142.51 =
+
fi
X
∞
s fl
—
F
J
=
+
U
fi
F
P
Ë
F
=
W+
ı
F
F
ª
F
1
3
7
4
9
During 2012-13 the Bank has established credit linkages with
ı
Ê
F
‹
F
kı
F
F̆
‹
F
∂
F
F
ı
F
¤
F
[ X̆
k=
+
U
=
eW+
P
∞
©
P
·
F
k=
W+
°
F
=
+
U
∂
F
]·
F
Œ
F
F
¤
F
WÊ
F

F
a 2012-13 =
W+
º
Z
fi
F
Œ
F 12789 SHGs providing credit of Rs.73.35 crore as compared to
Ÿ
F
Yk=
+
Œ
F
W 12789 ı
Ê
F
‹
F
kı
F
F̆
‹
F
∂
F
F
ı
F
¤
F
[ X̆
k=
+
X
fl
.
73.35 =
+
fi
X
∞
s fl
—
F
‹
F
W=
+
F
K
+
µ
F
H
—
F
·
F
Ÿ
Õ
F credit linkages of 13749 SHGs with an amount of Rs.142.51 crore
=
+
fi
F
Œ
F
W=
W+
ı
F
F
ª
F
=
eW+
P
∞
©
P
·
F
k=
W+
°
F
ı
ª
F
F
P
—
F
∂
F
P
=
+
‹
F
F
˘
Yó ¤
F
F
òF
a 12 E
Z
fi
¤
F
F
òF
a 13 =
+
X
ı
Ê
F
‹
F
k during 2011-12. Outstanding position of SHGs as on March'12
and March'13 are as under:
ı
F
F̆
‹
F
∂
F
F
ı
F
¤
F
[ X̆
k=
W+
Ÿ
F
=
+
F
‹
F
F
=
+
U
P
ı
ª
F
P
∂
F
P
Œ
F
¤
Œ
F
F
Œ
F
]ı
F
F
fi
˘
Y:
(
fl
.
=
+
fi
X
∞
s¤
F
Wk)
(` in crores)
Ÿ
F
ò F
∂
F
P
·
F
k=
W+
°
F
∂
F
=
+
fi
F
P
Ë
F
ı
F
k&
‹
F
F
123.62
112352
¤
F
F
òF
a 2012
119295
127.05
¤
F
F
òF
a 2013
As on
=
eW+
P
∞
©
P
·
F
k=
W+
°
F
ı
F
k&
‹
F
F
fi
F
P
Ë
F
Savings Linkage
No
Amount
No
Credit Linkage
Amount
77900
388.30
March 2012
112352
123.62
77900
388.30
89199
466.00
March 2013
119295
127.05
89199
466.00
Ÿ
F
Yk=
+
Œ
F
Wı
F
P
=
e+
‹
F
fl
—
F
ı
F
W“
Õ
F
F
Œ
F
¤
F
k∑
F
U
fi
X
°
F
;
F
F
fi
;
F
F
fi
k©
U
=
+
F
‹
F
a=
e+
¤
F
(
—
F
U
J
¤
F
G
a°
F
U
—
F
U
)
, Bank actively participated in various Government Sponsored
ı
Ê
F
µ
F
a°
F
‹
F
k∂
F
U
;
F
eF
¤
F
ı
Ê
F
fi
X
°
F
;
F
F
fi
‹
F
X
°
F
Œ
F
F
(
J
ı
F
°
F
U
J
ı
F
Ê
F
F
G
a)
,
ı
Ê
F
µ
F
a°
F
‹
F
k∂
F
U
Ë
F
˘
fi
U
fi
X
°
F
;
F
F
fiSchemes, such as, Prime Minister Employment Guarantee
programme (PMEGP), Swarnajayanthi Gram Swarojgar Yojana
‹
F
X
°
F
Œ
F
F
,
∞
U
E
F
fi
E
F
G
a,
E
F
P
º
P
Ê
F
P
⁄
F
Œ
Œ
F
ı
F
fi
=
+
F
fi
U
“
F
‹
F
X
P
°
F
∂
F
‹
F
X
°
F
Œ
F
F
E
X
k¤
F
Wk ⁄
F
F
;
F
P
·
F
‹
F
F
ó
(SGSY), Swarnjayanti Shahari Rojgar Yojana (SJSRY), DRI
¤
F
F
òF
a2
0
1
3
∂
F
=
+
G
Œ
F
‹
F
X
°
F
Œ
F
F
E
X
k=
W+
∂
F
˘
∂
F
Ê
F
=
+
F
‹
F
F
E
P
;
F
e¤
F
0
.
7
2
·
F
F
&
F
·
F
F
⁄
F
F
P
ª
F
a‹
F
X
k etc.. As at March 2013, the outstanding advances under these
schemes aggregated to Rs.437.01 crore, involving 0.72 lakh
=
+
X
Ë
F
F
P
¤
F
·
F
=
+
fi
∂
F
WC
J
=
]+
·
F
fi
F
P
Ë
F
fl
.
beneficiaries.
‹
F
X
°
F
Œ
F
F
=
+
F
ı
Ê
F
fl
—
F
—
F
U
J
¤
F
E
F
fi
Ê
F
F
G
a
—
F
U
J
¤
F
G
a°
F
U
—
F
U
J
ı
F
°
F
U
J
ı
F
Ê
F
F
G
a
ı
Ê
F
µ
F
a°
F
‹
F
k∂
F
U
Ë
F
˘
fi
U
ı
Ê
F
fi
X
°
F
;
F
F
fi
‹
F
X
°
F
Œ
F
F
J
ı
F
J
·
F
E
F
fi
J
ı
F
∞
U
E
F
fi
E
F
G
a
=
]+
·
F
J
¤
F
J
ı
F
J
¤
F
G
aK
+
µ
F
Nature of the Scheme
fi
F
P
Ë
F
(
=
+
fi
X
∞
s)
&
F
F
∂
F
X
k=
+
U
ı
F
k&
‹
F
F
No. of Accounts
Amount (Rs. Crore)
PMRY
12152
190.57
PMEGP
12152
190.57
30651
169.00
SGSY
30651
169.00
10944
37.59
SJSRY
10944
37.59
747
0.91
747
0.91
17104
39.94
DRI
17104
39.94
437.01
Total
71598
437.01
71598
SLRS
MSME LENDING
ı
F
[á ¤
F
,
·
F
f
F
]E
Z
fi
¤
F
Õ
‹
F
¤
F
H
√
X
¤
F
X
k(
J
¤
F
J
ı
F
J
¤
F
G
a)
=
W+
P
·
F
J
Ÿ
F
Yk=
+
=
+
F
K
+
µ
F
P
Ê
F
∏
F
U
‹
F
Ê
F

F
a The Bank's credit to Micro, Small and Medium Enterprises
(MSMEs) reached Rs.11821 crore compared to FY12.
2012 =
+
U
∂
F
]·
F
Œ
F
F
¤
F
Wk fl
.
11821 =
+
fi
X
∞
sC
E
F
ó
31.03.2013 ∂
F
=
+
J
¤
F
J
ı
F
J
¤
F
G
aáF
W∑
F
=
+
X
Ÿ
F
Yk=
+
¬
F
fi
F
P
º
J
;
F
J
K
+
µ
F
=
+
U
¤
F
]&
‹
F The highlights of the Bank's lending to MSME Sector as on
31.03.2013 is given below:P
Ê
F
Ë
F
W
F
∂
F
F
J
kP
Œ
F
¤
Œ
F
“
=
+
F
fi
˘
Y:
l
Total credit to MSE sector as on 31.03.2013 stands at
l
J
¤
F
J
ı
F
G
aá F
W∑
F
=
+
X
=
]+
·
F
K
+
µ
F
31.03.2012=
+
U
P
ı
ª
F
P
∂
F
=
W+
E
Œ
F
]ı
F
F
fi
16.99%
Rs.11,072 crore which accounts for 17.33% of Adjusted Net
=
+
U
∂
F
]·
F
Œ
F
F¤
F
Wk ı
F
¤
F
F
‹
F
X
P
°
F
∂
FË
F
] Ÿ
F
Yk=
+
=
eW+
P
∞
©
(
J
J
Œ
F
Ÿ
F
U
ı
F
U
)
=
+
FP
º
Œ
F
F
k=
+
Bank Credit (ANBC) as against 16.99% as on 31.03.2012.
31.03.2013 =
+
X
17.33% =
W+
ı
F
F
ª
F
fl
.
11,072 =
+
fi
X
∞
sC
E
F
˘
Ykó
l
Credit to MSE sector has increased from Rs.9,162 crore as
on March 2012 to Rs.11,072. crore as on 31.03.2013
l
J
¤
F
J
ı
F
G
aáF
W∑
F
=
+
X
K
+
µ
F
¤
F
F
òF
a,
2012 =
+
X
fl
.
9,162 =
+
fi
X
∞
s=
+
U
∂
F
]·
F
Œ
F
F
¤
F
Wk
representing a year-on-year growth of 20.85%.
20.85% =
+
U
Ê
F

F
aÊ
F
F
fi
Ê
F
_P
=
+
F
“
P
∂
F
P
Œ
F
P
Õ
F
∂
Ê
F
=
+
fi
∂
F
WC
J
¤
F
F
òF
a 2013 =
+
Xl
Credit to micro sector has increased from Rs.6,045 crore as
Ÿ
F
∞
s=
+
fi
fl
.
11,072 =
+
fi
X
∞
s X̆
;
F
‹
F
F
˘
Yó
on 31.03.12 to Rs.7,089 crore as on 31.03.2013 registering
y-o-y growth of 17.27%.
l
¤
F
F
G
=
e+
X
káF
W∑
F
=
+
X
K
+
µ
F
¤
F
F
òF
a,
2012 =
+
X
fl
.
6045 =
+
fi
X
∞
s=
+
U
∂
F
]·
F
Œ
F
F
¤
F
Wk
l
Credit to small enterprise has increased from Rs.3,117 crore
17.27% =
+
U
Ê
F

F
aÊ
F
F
fi
Ê
F
_P
º
°
F
a=
+
fi
∂
F
WC
J
¤
F
F
òF
a 2013 =
+
X
Ÿ
F
∞
s=
+
fi
‹
F
˘ as on 31.03.2012 to Rs.3,983 crore as on 31.03.2013
fl
.
7089 =
+
fi
X
∞
s X̆
;
F
‹
F
F
˘
Yó
registering y-on-y growth of 27.78%.
l
The share of lending to Micro Enterprise to total Micro &
l
·
F
f
F
]H
√
¤
F
áF
W∑
F
=
+
X
K
+
µ
F
¤
F
F
òF
a,
2012 =
+
X
fl
.
3117 =
+
fi
X
∞
s=
+
U
∂
F
]·
F
Œ
F
F
¤
F
Wk
45
2012-13
27.78% =
+
U
Ê
F

F
aÊ
F
F
fi
Ê
F
_P
º
°
F
a=
+
fi
∂
F
WC
J
¤
F
F
òF
a 2013 =
+
X
Ÿ
F
∞
s=
+
fi
‹
F
˘
fl
.
3983
Small Enterprises as on 31.03.2013 stands at 64.03% as against
target of 60% stipulated by RBI.
=
+
fi
X
∞
s X̆
;
F
‹
F
F
˘
Yó
l
Credit to Micro and Small Enterprise which are the
l
⁄
F
F
fi
∂
F
U
‹
F
P
fi
°
F
Ê
F
aŸ
F
Yk=
+
¬
F
fi
F
P
Œ
F
Õ
F
F
aP
fi
∂
F
60% ·
F
á‹
F
=
W+
¤
F
]=
+
F
Ê
F
·
F
W 31.03.2013
constituents of Priority Sector constitutes 17.33% of ANBC
=
+
X
ı
F
[á ¤
F
J
Ê
F
k·
F
f
F
]H
√
¤
F
X
k=
+
X
=
]+
·
F
¤
F
F
G
=
e+
X
H
√
¤
F
=
W+
P
·
F
J
K
+
µ
F
º
WŒ
F
W=
+
U
and 43.24% of Priority Sector Lending of our Bank as on
P
ı̆
ı
F
Wº
F
fi
U
64.03% X̆
;
F
ga ˘
Yó
31.03.2013 as against 16.99% and 41.13% as on 31/03/2012.
Credit to medium sector has registered a y-o-y growth of
l
ı
F
[á ¤
F
E
Z
fi
·
F
f
F
]H
√
¤
F
=
W+
P
·
F
J
K
+
µ
F
°
F
X
“
F
ª
F
P
¤
F
=
+
∂
F
F
áF
W∑
F
=
W+
f
F
©
=
+
˘
Yk, l
32% as on March 2013 growing from Rs.570 cr. to Rs.750 cr.
J
J
Œ
F
Ÿ
F
U
ı
F
U
=
+
F
17.33% E
Z
fi
¤̆
F
F
fi
WŸ
F
Yk=
+
=
W+
“
F
ª
F
P
¤
F
=
+
∂
F
F
“
F
—
∂
F
áF
W∑
F
=
+
X
K
+
µ
F
=
+
F
31.03.2012 =
+
X
16.99% E
Z
fi
41.13% =
+
U
∂
F
]·
F
Œ
F
F
¤
F
Wk P
º
Œ
F
F
k=
+
Performance of Bank in Credit Guarantee Fund Trust for
31.03.2013 ∂
F
=
+
43.24% ˘
Yó
Micro and Small Enterprises (CGTMSE):
l
¤
F
Õ
‹
F
¤
F
áF
W∑
F
=
+
X
K
+
µ
F
¤
F
F
òF
a 2013 =
+
X
Ê
F

F
aÊ
F
F
fi
32% =
+
U
Ê
F
_P
=
W+
ı
F
F
ª
F
fl
.
570
=
+
fi
X
∞
sı
F
WŸ
F
≥
s=
+
fi
750 =
+
fi
X
∞
sC
E
F
ó
Bank is one of the Member Lending Institutions (MLI) of Credit
Guarantee
Fund Trust of Micro and Small Enterprises
CGTMSE)
ı
F
[á ¤
F
E
Z
fi
·
F
f
F
]H
√
X
¤
F
X
k(
=
W+
P
·
F
J
=
eW+
P
∞
©
;
F
F
fi
k©
U
◊
k+
∞
©
dı
©
¤
F
Wk Ÿ
F
Yk=
+
(CGTMSE)
to make available credit to Micro and Small
=
+
F
=
+
F
‹
F
aP
Œ
F

—
F
F
º
Œ
F
:
Enterprises without collateral security and or third party
CGTMSEa)
ı
F
[á ¤
F
E
Z
fi
·
F
f
F
]H
√
X
¤
F
X
k=
+
U
K
+
µ
F
;
F
F
fi
k©
U
◊
k+
∞
©
dı
©
(
=
+
F
Ÿ
F
Yk=
+
J
=
+ guarantee.
ı
F
º
ı
‹
F
K
+
µ
F
ı
F
kı
ª
F
F
Œ
F
˘
Y(
J
¤
F
J
·
F
E
F
G
a)
°
F
X
P
=
+
ı
F
[á ¤
F
E
Z
fi
·
F
f
F
]H
√
X
¤
F
X
k=
+
X
ı
F
k—
F
F
P
Ë
Ê
F
a=
+
“
P
∂
F
⁄
F
[P
∂
F
E
Z
fi
∂
F
U
ı
F
fi
U
—
F
F
©
U
a=
W+
Ê
F
;
F
Yfi
K
+
µ
F
º
W∂
F
F
˘
Yó
The performance of our bank under Credit Guarantee Scheme for
the
¤
F
F
òF
a=
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a=
W+
P
·
F
J
K
+
µ
F
;
F
F
fi
k©
U
‹
F
X
°
F
Œ
F
F
=
W+
∂
F
˘
∂
F¤̆
F
F
fi
WŸ
F
Yk=
+
=
+
F
“
º
Ë
F
aŒ
F
, year ended on March, 2013 vis-à-vis corresponding period of
March 2012 is as under:
¤
F
F
òF
a 2012 =
+
U
∂
F
]·
F
Œ
F
F
¤
F
Wk 2013 =
+
U
E
Œ
F
]fl
—
F
E
Ê
F
P
Õ
F
¤
F
WG
ı
F
“
=
+
F
fi
˘
Y:
(
fl
.
=
+
fi
X
∞
s¤
F
Wk)
Achievement up to March 2012
¤
F
F
òF
a 2012 ∂
F
=
+
E
òF
U
Ê
F
¤
F
Wk©
I
+
—
F
fi ¤
F
F
òF
a 2013 ∂
F
=
+
E
òF
U
Ê
F
¤
F
Wk©
I
+
—
F
fi
During the year
Cumulative
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
ı
F
kò F
‹
F
U
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
ı
F
kò F
‹
F
U
F
P
Ë
F &
F
F
∂
F
F fi
Amt.
Amt.
F
P
Ë
F &
A/C
A/C
&
F
F
∂
F
F fi
F
P
Ë
F
F
F
∂
F
F fi
F
P
Ë
F &
F
F
∂
F
F fi
7860
361.54
22651
909.62
8274
410.79
30839
7860
1308.88
361.54
22651
909.62
(Rs/crores)
Achievement up to March 2013
During the year Cumulative
A/C
8274
Amt.
410.79
A/C
30839
Amt.
1308.88
ı
F
[á ¤
F
E
Z
fi
·
F
f
F
]H
√
¤
F
X
k=
+
U
K
+
µ
F
;
F
F
fi
k©
U
◊
k+
∞
©
dı
©
(
ı
F
U
°
F
U
©
U
J
¤
F
J
ı
F
G
a)
=
W+
E
k∂
F
;
F
a∂
F Initiatives like special concession of 50 bps for CGTMSE
covered accounts and making it mandatory to sanction eligible
Ë
F
F
P
¤
F
∂
F
&
F
F
∂
F
W=
W+
P
·
F
J
50 Ÿ
F
U
—
F
U
J
ı
F
=
+
U
Ê
F
WË
F
W
F
P
fi
‹
F
F
‹
F
∂
F
°
F
Yı
F
U
—
F
˘
·
F
E
Z
fi
ı
F
[á ¤
F
E
Z
fiMSE
loans under CGTMSE cover has helped us registering a
·
F
f
F
]H
√
¤
F
X
k=
+
U
K
+
µ
F
;
F
F
fi
k©
U
◊
k+
∞
©
dı
©
=
W+
∂
F
˘
∂
F
—
F
F
∑
F
J
¤
F
J
ı
F
G
aK
+
µ
F
=
+
U
¤
F
k°
F
[fi
U
=
W+ growth of 36.67% and 45.74% in respect of no. of A/cs. and
P
·
F
J
G
ı
F
WE
P
Œ
F
Ê
F
F
‹
F
aŸ
F
Œ
F
F
Œ
F
Wı
F
W 31.03.2013 ∂
F
=
+¤̆
F
F
fi
W&
F
F
∂
F
X
k=
+
U
ı
F
k&
‹
F
F
E
Z
fi
fi
F
P
Ë
F Amount as on 31/03/2013.
¤
F
Wk =
e+
¤
F
Ë
F
36.67% E
Z
fi
45.74% =
+
U
Ê
F
_P
º
°
F
aC
gaó
Performance of Specialized MSME Branches
P
Ê
F
P
Ë
F
Ò
J
¤
F
J
ı
F
J
¤
F
G
aË
F
F
&
F
F
E
X
k=
+
F
=
+
F
‹
F
aP
Œ
F

—
F
F
º
Œ
F
⁄
F
F
fi
∂
F
U
‹
F
P
fi
°
F
Ê
F
aŸ
F
=
kY +
=
+
WP
Œ
F
º
Ë
Wa F
=
+
WE
Œ
F
ı
]F
F
fi
Ÿ
F
=
kY +
Œ
F
WŸ
F
X
∞
a=
+
U
E
Œ
F
¤
]F
P
∂
F
=
+
Wı
F
F
ª
F
P
Ê
F
Ë
F

W F As per RBI instruction, Bank has designated 57 Branches as
Specialized MSME Branches with the permission of the Board.
J
¤
F
J
ı
F
J
¤
F
G
aË
F
F
&
F
F
E
X
k=
+
W fl
—
F
¤
F
kW 57 ı
F
F
&
F
F
E
X
k=
+
X
Œ
F
F
P
¤
F
∂
F
P
=
+
‹
F
F
˘
óY P
Ê
F
Ë
F

WF
Ë
F
F
&
F
F
E
X
k=
+
W
Basis of re designation of the branches as Specialized Branches is
fl
—
F
¤
F
kW Ë
F
F
&
F
F
¤
F
kW =
+
]·
F
E
P
;
F
¤
eF
=
+
F
60% J
¤
F
J
ı
F
J
¤
F
G
aı
F
ÉW ©
fi
ı
F
Wı
F
Ÿ
kF
P
kÕ
F
∂
F,̆
YË
F
F
&
F
F
J
=
+ 60% of the total advance in the Branch is in MSME Sector,
ı
F
¤
F
˘
[ ı
F
WP
ı
ª
F
∂
F
˘
YE
Z
fi
‹
F
F
Ë
F
F
&
F
F
H
É∂
F
P
°
F
·
F
W¤
F
kW ˘
Y°
F
F̆
gŸ
F
=
kY +
E
F
;
F
µ
eF
U
Ÿ
F
=
kY +
˘
óY G
Œ
F
Ë
F
F
&
F
F
E
X
k Branch is situated in a cluster and / or the branch is in a District
where Bank is the Lead Bank. The total MSME Advance in these
¤
F
kW =
+
]·
F
J
¤
F
J
ı
F
J
¤
F
G
aK
+
µ
F
31/03/2013 ∂
F
=
+
fl
.
1526 =
+
fi
X
∞
s˘
óY
branches is Rs.1526 crore as on 31/03/2013.
P
Ê
F
P
⁄
F
Œ
Œ
F
∂
F
F
·
F
¤
F
W·
F
=
W+
∂
F
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∂
F
“
;
F
P
∂
F
Ÿ
F
Yk=
+
Œ
F
WP
Ê
F
P
⁄
F
Œ
Œ
F“
P
ı
F
Ê
F
F
P
µ
F
P
°
‹
F
=
+
Ÿ
F
F
Œ̆
F
,
P
Œ
F
¤
F
F
aµ
FH
—
F
=
+
fi
µ
F
,
ı
F
Z
fi
“
µ
F
F
·
F
U Progress under various Tie-ups
P
Œ
F
¤
F
F
a∂
F
F
‹
F
∞
U
·
F
fi
°
F
Yı
F
W,
©
F
©
F
¤
F
X
©
ı
F
a,
P
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º
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∂
F
F
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F
¤
F
X
©
ı
F
a,
Ê
F
X
·
Ê
F
X
,
E
F
‹
F
Ë
F
fi
,
‹
F
[J
ı
F
°
F
U Bank has entered into / renewed the tie-up arrangement during
E
X
k©
U
¤
F
X
Ÿ
F
F
G
·
F
(
—
F
P
Ë
òF
¤
F
Ÿ
F
k;
F
F
·
F
=
W+
P
·
F
J
◊
+
X
ı
F
a¤
F
X
©
ı
F
a=
W+
∞
U
·
F
fi
)
,
P
—
F
‹
F
F
P
°
F
‹
F
X
, the year 2012-13 with different renowned Commercial Vehicle,
=
+
U
P
∂
F
aı
F
X
·
F
F
fi
C
k∞
G
aP
Œ
F
¤
F
F
aµ
F
H
—
F
ı
=
+
fi
J
k∞
©
F
©
F
—
F
F
Ê
F
fi
ı
F
X
·
F
F
fi
=
W+
ı
F
F
ª
F
H
Œ
F
=
W+ Construction equipment, Solar System Manufactures/Dealers
=
+
¤
F
aò F
F
P
fi
‹
F
X
k=
+
X
P
Ê
F
∏
F
—
F
X

F
µ
F
=
+
fi
Œ
F
W=
W+
P
·
F
J
J
=
+
∂
F
F
·
F
¤
F
W·
F
P
=
+
‹
F
F
˘
Yó G
ı
F
=
W+
E
·
F
F
Ÿ
F
F
, like Tata Motors, Hindustan Motors, Volvo Eicher, USG
Automobiles (Dealer of Force Motors for West Bengal), Piaggio,
Ÿ
F
Yk=
+
Œ
F
W ¤̆
F
F
fi
U
Ë
F
F
&
F
F
E
X
k=
+
X
;
F
]µ
F
Ê
F
∏
F
F
J
¤
F
J
ı
F
J
¤
F
G
a“
ı
∂
F
F
Ê
F
X
k=
+
X
“
F
‹
F
X
P
°
F
∂
F
=
+
fi
Œ
F
W=
W+ Kirti
Solar Hyundai Construction Equipments & Tata Power
P
·
F
J
J
¤
F
J
ı
F
J
¤
F
G
aı
F
WÉ ©
fi
¤
F
Wk E
;
F
eµ
F
U
P
&
F
·
F
F
P
∞
s‹
F
X
k,
J
Œ
F
J
ı
F
E
F
G
aı
F
U
,
P
ı
F
∞
Ÿ
F
U
E
Z
fi
E
F
G
a Solar, for financing their customers. Further, Bank has signed
E
F
G
aG
a,
;
F
]Ê
F
F
F̆
©
U
=
W+
ı
F
F
ª
Fı
F
¤
F
§
F
Z
∂
F
F£
F
F
—
F
Œ
F—
F
fi
ı̆
∂
F
F
áF
fi
P
=
+
‹
F
F˘
Yó ∂
F
F
·
F
¤
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F MoU with NSIC, SIDBI & IIE, Guwahati, leading players in
Ê
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ı
ª
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kı
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Wı
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F
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µ
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k=
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fĭ
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ı
F
—
F
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F
=
W+ MSME Sector for sponsoring quality MSME proposals to our
Branches. The tie-up arrangements are providing sustained flow
∂
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∂
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2012-13 =
W+
º
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fi
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fl
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230 =
+
fi
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s fi
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∂
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fi
∂
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;
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ga ˘
Yó
of credit proposals throughout the year. Under this initiative
Rs.230 crore has been disbursed during 2012-13.
46
Annual Report
P
Ê
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∏
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U
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ı
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¤
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2012-13
Financial Inclusion
Ÿ
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YkP
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;
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fi
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fi
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Wk Government of India and the Reserve Bank of India directions,
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k=
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fi
=
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the Bank has been actively pursuing the agenda of Financial
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F Inclusion, with key interventions in four groups, viz. expanding
=
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F banking infrastructure, offering appropriate financial products,
making extensive and intensive use of technology and through
=
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advocacy and stakeholder participation.
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YkP
=
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=
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W=
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Bank has achieved a mile stone of bringing ONE MILLION
J
=
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U
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=
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F
fi
F̆
P
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F
P
=
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F
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Yó
Financial Inclusion customers into the banking system.
Ÿ
F
YkP
=
k+
;
F
ı
F
kÊ
F
F
º
º
∂
F
F
:
Ÿ
F
Yk=
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Œ
F
WP
Ê
F
∏
F
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F
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F
a 2012-13 =
W+
º
F
Yfi
F
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F
738 Ÿ
F
Yk=
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ı
F
]P
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F
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F
F
fi
P
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∂
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;
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F
kÊ
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F
Wk ¤
F
Wk Ÿ
F
U
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F
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E
F
H
©
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&
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F
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F
P
º
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F
F
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Yó E
Ÿ
F
Ÿ
F
Yk=
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¬
F
fi
F
Ÿ
F
Yk=
+
ı
F
]P
Ê
F
Õ
F
F
fi
P
˘
∂
F
;
F
F
kÊ
F
F
Wk ¤
F
Wk Banking Correspondents: Bank has opened BC outlets in 738
un-banked villages during the F.Y. 2012-13. A total of 2582 BC
2582 Ÿ
F
U
ı
F
U
E
F
H
©
·
F
W©
—
F
P
fi
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F
·
F
Œ
F
P
=
+
‹
F
F
°
F
F
fĭ
F
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Yó
outlets are now operational in the un-banked villages.
E
·
©
dF
·
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f
F
]Ë
F
F
&
F
F
J
c:
Ÿ
F
YkP
=
k+
;
F
Œ
F
WP
Ê
F
∏
F
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F

F
a 2012-13 =
W+
º
F
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F
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F
738 Ÿ
F
Yk=
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ı
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F
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F
F
fi
P
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;
F
F
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F
Wk ¤
F
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F
U
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U
E
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H
©
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F
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P
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F
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F̆
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F
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=
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E
P
Õ
F
=
+
F
fi
U
ı
F
U
Ÿ
F
U
J
ı
F
=
W+ Ultra Small Branches: Bank has opened 1716 Ultra Small
Branches in the CSP locations where the Branch officials are
P
·
F
J
Ê
F
U
—
F
U
J
Œ
F
=
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WP
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U
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F
F
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º
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=
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visiting with Laptops having VPN connectivity to the CBS.
Ÿ
F
U
ı
F
U
E
F
H
©
·
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¤
F
Wk E
F
gŒ
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º
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F
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·
F
Wò F
fi
µ
F
¤
F
Wk 91 Ÿ
F
U
ı
F
U
On-line transaction in BC outlets: Bank has launched real time
E
F
H
©
·
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¤
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Wk Ê
F
F
ı
∂
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P
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º
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=
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U
ı
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F
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F
F
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=
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'On-line' transaction facility in 91 BC outlets in the 1st phase.
P
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∏
F
U
‹
F
ı
F
¤
F
F
Ê
F
WË
F
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F
;
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eF
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=
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Wk =
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WE
F
WÊ
F
fi
∞
dF
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ı
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F
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F
F
:
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Yk=
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U
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F
ı
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¤
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F
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=
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;
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=
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W+
P
·
F
J
fl
.
500/- ı
F
W fl
.
1000/- ∂
F
=
+
∂
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F
P
fi
∂
F
E
F
WÊ
F
fi
∞
dF
ÿ
©
ı
F
]P
Ê
F
Õ
F
F Overdraft facility to FI customers: Bank has enhanced the
Instant OD facility from Rs.500/- to Rs.1000/- for the FI
“
º
F
Œ
F
=
+
U
˘
Yó
customers.
Ë
F
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fi
U
P
Ê
F
∏
F
U
‹
F
ı
F
¤
F
F
Ê
F
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F
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F
:
Ÿ
F
Yk=
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Wı
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◊
+
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∂
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F
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a=
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=
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F
=
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E
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F
fi
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fi
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U
P
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U
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F
ı
F
¤
F
F
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F
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F
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F
=
+
U
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F
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E
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F
=
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F
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F
WP
º
·
·
F
U
¤
F
W©
dF
W,
—
F
]∞
]ò F
Wfi
U
,
E
F
kÕ
F
d Urban FI: Bank has successfully launched Urban FI on pilot
basis in Kolkata. The Bank has also participated in Urban FI drive
“
º
WË
F
E
F
Yfi
§
F
F
fi
&
F
k∞
¤
F
Wk Ë
F
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fi
U
P
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F
∏
F
U
‹
F
ı
F
¤
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F
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F
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E
P
⁄
F
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F
F
Œ
F
¤
F
Wk ⁄
F
F
;
F
P
·
F
‹
F
F
˘
Yó
in Delhi Metro, Puducherry, Andhra Pradesh & Jharkhand.
E
F
Õ
F
F
fi
ı
F
¤
F
P
ª
F
a∂
F
⁄
F
];
F
∂
F
F
Œ
F
“
µ
F
F
·
F
U
(
J
G
a—
F
U
J
ı
F
)
:
Ÿ
F
Yk=
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J
=
+
E
P
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F
“
¤
F
F
µ
F
Œ
F
‹
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[°
F
fi
J
°
F
Wkı
F
U
(
J
‹
F
[J
)
fi
F
WŒ
F
F
W=
W+
Œ
F
F
∂
F
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F
F
‹
F
·
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E
F
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F
F
fi
—
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fi
Ÿ
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Yk=
+
¬
F
fi
F
“
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‹
F
F
WP
°
F
∂
F
;
F
eF
¤
F
U
µ
F
Ÿ
F
Yk=
+ Aadhaar enabled Payment System (AEPS): Bank being the
E
ª
F
F
a∂
F
P
∑
F
—
F
]fi
F
;
F
eF
¤
F
U
µ
F
Ÿ
F
Yk=
+
=
W+
P
·
F
J
fi
F
Ò
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‹
F
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F
_ F
Ê
F
ı
ª
F
F
—
F
WkË
F
Œ
F
(NOAP) =
W+
⁄
F
];
F
∂
F
F
Œ
F Authentication User Agency (AUA), successfully initiated
Aadhaar enabled Payment System (AEPS) in Tripura for
=
W+
P
·
F
‹
F
W“
F
‹
F
F
WP
;
F
∂
F
E
F
Õ
F
F
fi
—
F
fi
H
∂
—
F
F
º
Œ
F
Ê
F
F
∂
F
F
Ê
F
fi
µ
F
¤
F
Wk P
∑
F
—
F
]fi
F¤
F
Wk E
F
Õ
F
F
fi
ı
F
áF
¤
F payment
of National Old Age Pension (NOAP) on pilot basis in
⁄
F
];
F
∂
F
F
Œ
F
“
µ
F
F
·
F
U
(
AEPS) =
+
F
ı
F
◊
+
·
F
∂
F
F
—
F
[Ê
F
a=
+
Ë
F
]fl
P
=
+
‹
F
F
;
F
‹
F
F
óŸ
F
Yk=
+
¬
F
fi
F
E
—
F
Œ
F
F
J
production environment for Banks' sponsored RRB i.e. Tripura
;
F
J
“
P
=
e+
‹
F
F
“
Ê
F
F
˘
J
Œ
F
—
F
U
ı
F
U
E
F
G
a¬
F
fi
F
ı
F
fi
F
Œ̆
F
F
=
+
U
;
F
G
aE
F
Yfi
E
Œ
‹
F
ı
F
F
Ê
F
a°
F
P
Œ
F
=
+
áF
W∑
F
=
W+ Gramin Bank. The process flow adopted by the Bank has been
Ÿ
F
Yk=
+
F
Wk ¬
F
fi
F
G
ı
F
WE
Œ
F
]=
+
fi
µ
F
=
+
fi
Œ
F
W=
W+
P
·
F
J
ı
F
Ÿ
F
ı
F
WE
ò ö WE
⁄
‹
F
F
ı
F
=
W+
‡
—
F
¤
F
Wk ı
Ê
F
U
=
+
F
fiappreciated by the NPCI and acknowledged as Best Practice for
replicating the same by other PSU Banks.
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
“
∂
‹
F
áF
·
F
F
⁄
F
E
k∂
F
fi
µ
F
(
∞
U
Ÿ
F
U
©
U
)
:
Ÿ
F
Yk=
+
Œ
F
W·
F
F
⁄
F
F
P
ª
F
a‹
F
F
Wk=
+
F
W=
Wk+
Ω
ı
F
fi
=
+
F
fi
=
W+
E
F
P
ª
F
a=
+ Direct Benefit Transfer (DBT): Bank has successfully
(DBT) w.e.f., 01.01.2013 in
ı
F
F̆
‹
F
∂
F
F
=
W+
⁄
F
];
F
∂
F
F
Œ
F
=
W+
P
·
F
J
—
F
˘
·
F
Wò F
fi
µ
F
¤
F
Wk 43 —
F
˘
òF
F
Œ
F
P
°
F
·
F
F
Wk ¤
F
Wk “
∂
‹
F
áF
·
F
F
⁄
F implemented Direct Benefit Transfer
st
43
identified
Districts
in
the
1
phase
for payment of Central
ı
ª
F
F
Œ
F
F
k∂
F
fi
µ
F
(
∞
U
Ÿ
F
U
©
U
)
=
+
F
P
º
Œ
F
F
k=
+
01.01.2013 ı
F
Wı
F
◊
+
·
F
∂
F
F
—
F
[Ê
F
a=
+
=
+
F
‹
F
F
aŒ
Ê
F
∂
F
Govt. Subsidy to the beneficiaries.
P
=
+
‹
F
F
˘
Yó
P
Ê
F
∏
F
U
‹
F
ı
F
F
áF
fi
µ
F
J
Ê
F
k—
F
fi
F
¤
F
Ë
F
a=
W+
Œ
Ω
(FLCCs): Ÿ
F
Yk=
+
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WE
—
F
Œ
F
Wı
F
⁄
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U
34 E
;
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eµ
F
U Financial Literacy and Counseling Centres (FLCCs):
Bank has opened Financial Literacy Centres (FLCs) in its all 34
P
°
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·
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Ÿ
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kÕ
F
=
+
=
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áF
fi
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=
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(FLCs) &
F
F
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F
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Lead District Managers' offices.
E
;
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eµ
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+
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fi
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a ı
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F Lead Bank Scheme
(
J
ı
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·
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ı
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)
=
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ı
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The Bank is the convener of State Level Banker's Committee
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fi
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°
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(SLBC) in the states of West Bengal and Tripura The Bank is also
47
2012-13
E
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‹
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WP
°
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ı
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=
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fi
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Yı
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∞
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g. helding lead bank responsibility in 34 districts spread over the
ı
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fi
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Ê
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,
;
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afi
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a,
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g. states of West Bengal, Assam, Manipur & Tripura. The SLBC
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a 2012-13 =
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dignitaries like Dr. D. Subbarao, Governor, RBI, Dr. K.C.
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Chakraborty, Dy. Governor, RBI. Dr Amit Mitra, Finance
Minister of West Bengal attended all the sLBC meetings of West
Ê
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a 2012-13 =
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a Bengal during the year 2012-13.
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=
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fi
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The important action points implemented under the Lead Bank
Scheme during the year 2012-13 are as under:
28,140 °
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Identified 28140 villages of West Bengal having population
°
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2000 ı
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< 2000 and prepared roadmap for providing banking outlets
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in the said villages. 1408 villages have been identified for
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branch opening within the next three years.
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The roadmap has been uploaded in the SLBC (West Bengal)
website.
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1038 ;
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In Tripura all the 1038 villages have been covered with
˘
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banking outlets and uploaded in the SLBC website.
The Annual Credit Plan 2013-14 for both West Bengal and
2013-14 Ê
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Tripura were finalized during the year and made effective
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right from 1st April, 2013
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CORPORATE SOCIAL RESPONSIBILITY
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, world, including the banking sector. Over the years, we at United
Bank of India, have integrated CSR principles with the Bank's
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our own internal functioning through good corporate governance
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ı
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Development and Stakeholders Engagements.
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after they obtain 'No Objection Certificate' from the Pollution
Control Board, wherever required.
¤̆
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F micro credit to the disadvantaged sections, such as women,
minorities and backward classes in rural, unorganized and
=
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weaker section of the society.
;
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(RSETI) : Ÿ
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WE
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Assam and Tripura to impart training to the prospective
entrepreneurs from the downtrodden community of the society.
48
Annual Report
2012-13
31.03.2013 ∂
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These institutes are providing post training support (Escort
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a FLCC: Bank has also set up 38 Financial Literacy Centres in the
2012-13 ¤
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of the society. In the Financial Year 2012-13, these FLCs
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conducted 539 no of Outdoor Activity, wherein 15099 persons
participated and also conducted regular Indoor activity wherein
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(UBSEDF) : Ÿ
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United Bank Socio Economic Development Foundation
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«
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W 30 developmental activities and rendering assistance to weaker and
under privileged section of the society in terms of decision taken
¤
F
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a 2007 =
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F
WG
ı
F
Wı
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F
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—
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F
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th
by the Board of Directors of the Bank in its meeting held on 18
December, 2006, towards discharging corporate social
P
Ê
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∏
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U
‹
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F

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a 2012-13 ∂
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dı
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P
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a responsibility of the Bank.
=
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F
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Wk 106.25 ·
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Y,
Till the Financial Year 2012-13, the Trust has undertaken various
Ê
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
F
aÊ
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F
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welfare activities involving total assistance of Rs. 106.25 Lac in
53 cases, Year wise break up of which is furnished below.
Year
2007 -08
2008 -09
2009 -10
2010 -11
2011 -12
2012 -13
TOTAL
No. of Units
8
8
7
16
6
10
55
Amount of Assistance
(Rs/lacs)
6.50
7.21
8.05
49.39
17.40
21.45
110.00
Year
2007 -08
2008 -09
2009 -10
2010 -11
2011 -12
2012 -13
TOTAL
No. of Units
8
8
7
16
6
10
55
Amount of Assistance
(Rs/lacs)
6.50
7.21
8.05
49.39
17.40
21.45
110.00
Some of the important projects are, installation of two water hand
pumps in Muirei village and Hamlei Khong Humdung at Ukhrul
¤
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∂
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[µ
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F
a—
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fi
‹
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F
W°
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fi
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=
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&
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W¤
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Wk ¤
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fi
WG
a;
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kÊ
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WfiDistrict of Manipur State, construction of concrete roof of the
¤
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fl
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fi
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=
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U class rooms of Dakshin Kamarpole F.P.School at 24 Parganas
ı
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24 —
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fi
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(
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É·
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24-—
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(
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fi
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=
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setting up Diagonistic Clinic for economically weaker section of
E
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24-—
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fi
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(
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Wk the
society at Khardah, 24 Parganas (North), self employment
ı
F
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U unit for the women life convicts of Alipur Correctional Home
ı
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ı
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fi
;
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=
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=
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(Kolkata), setting up of free/subsidized Dialysis Centre at
ı
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F
fi
F
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F
;
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G
=
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a,
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©
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F Maharaja Agrasain Hospital Charitable Trust, Rhotak, New
©
dı
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F Delhi, construction of Hostel Building and purchase of furniture
for physically and mentally challenged children at Duliajan,
¤
F
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F
fi
U
P
fi
=
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F
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WP
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J
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U
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, Assam, adoption of 2 scheduled tribe girl child in Jharkhand and
§
F
F
fi
&
F
k∞
¤
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F
F
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WŒ
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F
E
F
Yfi
24 —
F
fi
;
F
µ
F
F
setting up of Arsenic free drinking water plant at Dharampur, 24
Parganas (North).
49
2012-13
(
H
∏
F
fi
)
=
W+
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F
fi
¤
F
—
F
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¤
F
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=
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F
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F
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kı
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F
ORGANIZATION & SUPPORT SERVICES
Branch Network
Ë
F
F
&
F
F
Œ
F
W©
Ê
F
=
a+
With the opening of 49 branches during the year 2012-13, the
total number of branches stands at 1729 as on 31.03.2013
Ê
F

F
a 2012-13 =
W+
º
F
Yfi
F
Œ
F
49 Ë
F
F
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31.03.2013 ∂
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State
Assam
Meghalaya
Tripura
West Bengal
Bihar
Orissa
Jharkhand
Rajasthan
Uttar Pradesh
1
3
2
1
1
1
2
2
49
No. of
branches
Opened
5
1
3
4
2
8
2
5
6
State
Chhatisgarh
Maharashtra
Gujrat
Tamil Nadu
Pondicherry
Kerala
Karnataka
Andhra Pradesh
TOTAL
No. of
branches
opened
1
3
2
1
1
1
2
2
49
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4.2
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6.5
1680
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31.03.2013
1081
62.5
289
16.7
73
4.2
92
5.3
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4.5
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6.8
1729
Eastern Region
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North Eastern Region
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Western Region
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Northern Region
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Southern Region
% of Total
Central Region
% of Total
Total
50
Number of Branches
31.03.2012
31.03.2013
1065
1081
63.4
62.5
289
280
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Number of Branches
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31.03.2013
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Branch Category
Number of Branches
31.03.2012
31.03.2013
31.03.2012
31.03.2013
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InfoTech Progress
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P
Ë
F
Ò
E
F
fi
P
áF
∂
F
Í
F
WP
µ
F
‹
F
X
k=
W+
ı
F
kŸ
F
kÕ
F
¤
F
Wk fi
X
°
F
;
F
F
fi
—
F
º
X
Œ
Œ
F
P
∂
F
=
W+
E
F
fi
áF
µ
F
=
W+
P
·
F
J
guidelines
for reservation in employment/promotion in respect of
ı
F
fi
=
+
F
fi
=
W+
P
º
Ë
F
F
P
Œ
F
º
aWË
F
X
k=
+
F
=
+
∞
sF
G
a—
F
[Ê
F
a=
+
—
F
F
·
F
Œ
F
P
=
+
‹
F
F
˘
Yó ı
F
⁄
F
U
ı
F
kÊ
F
;
F
a=
W+
⁄
F
∂
F
U
a¤
F
Wk specific reserved
categories. All backlog vacancies in recruitment
ı
F
⁄
F
U
Ÿ
F
Y=
+
·
F
F
g;
F
P
fi
P
É∂
F
‹
F
X
k=
+
X
⁄
F
fi
F
;
F
‹
F
F
E
Z
fi
Ê
F
∂
F
a¤
F
F
Œ
F
¤
F
Wk⁄
F
∂
F
U
a¤
F
Wk=
+
X
G
aŸ
F
=
+
F
‹
F
F
P
fi
P
É∂
F in all cadres have been filled up and at present there is no backlog
Œ
F
Ŭ
k˘
Yó =
]+
·
F
=
+
¤
F
aò F
F
P
fi
‹
F
X
k¤
F
Wk E
Œ
F
]ı
F
[P
òF
∂
F
°
F
F
P
∂
F
“
P
∂
F
P
Œ
F
P
Õ
F
∂
Ê
F
E
Œ
F
]ı
F
[P
òF
∂
F
°
F
Œ
F
°
F
F
P
∂
F
=
W+ vacancy in recruitment. The representation of SC/ST employees
=
+
¤
F
aò F
F
P
fi
‹
F
X
k=
+
F
/
31.03.2013 ∂
F
=
+
25.51% =
W+
‡
—
F
¤
F
Wk 3918 ˘
Yó Ê
F

F
a=
W+
º
Z
fi
F
Œ
F in total staff stood at 3918 as on 31.03.2013 constituting 25.51%
E
Œ
F
]ı
F
[P
òF
∂
F
°
F
F
P
∂
F
/
E
Œ
F
]ı
F
[P
òF
∂
F
°
F
Œ
F
°
F
F
P
∂
F
Ê
F
;
F
aı
F
Wı
F
kŸ
F
kP
Õ
F
∂
F
413 =
+
¤
F
aò F
F
P
fi
‹
F
X
k=
+
X
H
ò ò F of the total employees. During the year, 413 employees belonging
to SC/ST category were promoted to next higher cadre. They
E
;
F
·
F
W=
Y+
∞
fi
¤
F
Wk —
F
º
X
Œ
Œ
F
∂
F
P
=
+
‹
F
F
;
F
‹
F
F
ó Ê
F
WÊ
F

F
a=
W+
º
Z
fi
F
Œ
F
“
⁄
F
F
P
Ê
F
∂
F
“
X
Œ
Œ
F
P
∂
F
=
+
U
=
]+
·
F constituted
23% of the total number of promotions effected
ı
F
k&
‹
F
F
=
+
F
23% ˘
Yó Ÿ
F
Yk=
+
Œ
F
WP
Ê
F
P
⁄
F
Œ
Œ
F
=
Y+
∞
fi
X
k¤
F
Wk E
k∂
F
fi
=
Y+
∞
fi
“
X
Œ
Œ
F
P
∂
F
=
+
fi
Œ
F
W=
W+
P
·
F
J
during the year. The Bank had organized pre-promotion training
E
F
fi
P
áF
∂
F
Ê
F
;
F
aı
F
W‹
F
X
;
‹
F
=
+
¤
F
aò F
F
P
fi
‹
F
X
k=
W+
P
·
F
J
—
F
[Ê
F
aı
F
kÊ
F
Õ
F
aŒ
F
“
P
Ë
F
áF
µ
F
=
+
F
‹
F
a=
e+
¤
F
=
+
F programmes for the eligible employees from reserved categories
E
F
‹
F
X
°
F
Œ
F
P
=
+
‹
F
F
ª
F
F
ó P
Ê
F
∏
F
U
‹
F
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
E
Œ
F
]ı
F
[P
òF
∂
F
°
F
F
P
∂
F
E
Œ
F
]ı
F
[P
òF
∂
F
°
F
Œ
F
°
F
F
P
∂
F
/ prior to holding inter-cadre promotions in different cadres.
Dependents of 17 deceased employees belonging to SC/ST
Ê
F
;
F
aı
F
Wı
F
kŸ
F
kP
Õ
F
∂
F
ı
F
WÊ
F
F
=
+
F
·
F
=
W+
º
Z
fi
F
Œ
F
17 ¤
F
_∂
F
=
+
=
+
¤
F
aò F
F
P
fi
‹
F
X
k=
W+
E
F
P
Í
F
∂
F
X
k=
+
X
99
category who died while in service were paid ex-gratia lump-sum
·
F
F
&
F
‡
—
F
J
=
+
U
J
=
+
¤
F
]Ë
∂
F
E
Œ
F
];
F
e˘
fi
F
P
Ë
F
=
+
F
⁄
F
];
F
∂
F
F
Œ
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó °
F
Ÿ
F
P
=
+
P
Ê
F
∏
F
U
‹
F amount to the tune of Rs. 99 lacs during the financial year.
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
E
Œ
F
]ı
F
[P
òF
∂
F
°
F
F
P
∂
F
ı
F
¤
F
]º
F
‹
F
=
W+
º
X
=
+
¤
F
aò F
F
P
fi
‹
F
X
k=
W+
E
F
P
Í
F
∂
F
X
k=
+
X
⁄
F
U
Ÿ
F
Yk=
+ Dependants of two employees belonging to SC community were
¤
F
Wk fi
X
°
F
;
F
F
fi
P
º
‹
F
F
;
F
‹
F
F
ó Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
P
Œ
F
‹
F
P
¤
F
∂
F
E
F
Õ
F
F
fi
—
F
fi
Ë
F
U

F
a“
Ÿ
F
kÕ
F
Œ
F
E
Z
fi
Ÿ
F
Yk=
+
ı
F
W also given employment in the Bank. Quarterly meetings between
E
Œ
F
]ı
F
[P
òF
∂
F
°
F
F
P
∂
F
Ê
F
°
F
Œ
F
°
F
F
P
∂
F
=
+
¤
F
aò F
F
fi
U
=
+
·
‹
F
F
µ
F
—
F
P
fi

F
º
=
W+
Ÿ
F
U
òF
∑
F
Y¤
F
F
P
ı
F
=
+
Ÿ
F
Y*
=
Wk+ the Top Management and SC/ST Employees Welfare Council of
the Bank were held on regular basis during the year. Complaints
E
F
‹
F
X
P
°
F
∂
F
=
+
U
;
F
G
akó E
Œ
F
]ı
F
[P
òF
∂
F
°
F
F
P
∂
F
E
Œ
F
]ı
F
[P
òF
∂
F
°
F
Œ
F
°
F
F
P
∂
F
=
W+
¤
F
F
¤
F
·
F
X
k¤
F
Wk Ê
‹
F
P
É∂
F
‹
F
X
k received
from individuals/organizations on SC/ST matters were
=
W+
Ë
F
U
f
F
eP
Œ
F
Ê
F
F
fi
µ
F
=
W+
ı
F
k;
F
*
Œ
F
X
kı
F
W“
F
—
∂
F
P
Ë
F
=
+
F
‹
F
∂
F
X
k=
W+
P
·
F
J
=
+
F
fi
aÊ
F
F
G
a=
+
U
;
F
G
aó
looked into for early redressal of grievances.
E
Œ
F
]ı
F
[P
òF
∂
F
°
F
F
P
∂
F
E
Z
fi
]E
Œ
F
]ı
F
[P
òF
∂
F
°
F
Œ
F
°
F
F
P
∂
F
‹
F
X
k=
W+
ı
F
kŸ
F
kÕ
F
¤
F
Wk E
F
fi
áF
µ
F
Œ
F
U
P
∂
F
54
Annual Report
“
P
Ë
F
áF
µ
F
¤
F
F
Œ
F
Ê
F
/
ı
F
kı
F
F
Õ
F
Œ
F
P
Ê
F
=
+
F
ı
F
(
J
òF
E
F
fi
∞
U
)
2012-13
Training / Human Resource Development (HRD)
Ÿ
F
YkP
=
k+
;
F
“
Z
√
X
P
;
F
=
+
U
∂
F
U
Ê
F
e;
F
P
∂
F
ı
F
WP
Ê
F
=
+
P
ı
F
∂
FX̆
fĭ
F
˘
YE
Z
fi
áF
¤
F
∂
F
F
P
Ê
F
=
+
F
ı
F
=
W+
Œ
F
J
Banking technologies are evolving at a rapid pace and
“
Z
√
X
P
;
F
=
+
U
E
F
Õ
F
F
P
fi
∂
F
=
+
Z
Ë
F
·
F
=
W+
ı
F
F
ª
F
—
F
fi
k—
F
fi
F
;
F
∂
F
Ÿ
F
YkP
=
k+
;
F
=
+
Z
Ë
F
·
F
=
+
X
¤
F
°
F
Ÿ
F
[∂
F
=
+
fi
Œ
F
F Competence Development is the prime need of the bank by
Ÿ
F
Yk=
+
=
W+
P
·
F
J
E
∂
‹
F
k∂
F
°
F
‡
fi
U
˘
Yó º
X
Œ
F
X
k¤
F
F
∑
F
F
∂
¤
F
=
+
E
Z
fi
;
F
]µ
F
F
∂
¤
F
=
+
E
F
k∂
F
P
fi
=
+
“
P
Ë
F
áF
µ
F reinforcing the traditional banking skills with the new technology
based skills. Major steps have been initiated to augment the
“
µ
F
F
·
F
U
=
+
U
áF
¤
F
∂
F
F
Ÿ
F
≥
sF
Œ
F
W=
W+
P
·
F
J
“
¤
F
]&
F
=
+
º
¤
F
H
*
F
J
;
F
J
˘
Ykó
capacity of the in house training system both quantitatively and
qualitatively.
Ÿ
F
Yk=
+
Œ
F
Wı
F
k—
F
[µ
F
a“
P
Ë
F
áF
µ
F
=
Wk+
Ω
=
W+
‡
—
F
¤
F
Wk P
º
·
·
F
U
,
¤
F
]kŸ
F
G
aE
Z
fi
=
+
X
·
F
=
+
F
∂
F
F
=
W+
E
·
F
F
Ê
F
F Bank has opened Regional Training Centres at Guwahati
;
F
]Ê
F
F
F̆
©
U
E
Z
fi
⁄
F
]Ê
F
Œ
F
WË
Ê
F
fi
¤
F
Wk (
E
F
Ê
F
F
ı
F
U
‹
F
)
áF
W∑
F
U
‹
F
“
P
Ë
F
áF
µ
F
=
Wk+
Ω
&
F
X
·
F
F
˘
Y,
°
F
F̆
k—
F
[fi
F (Residential) and Bhubaneswar besides Delhi, Mumbai and
Kolkata as full fledged training centres where full time faculties
ı
F
¤
F
‹
F
ı
F
k=
+
F
‹
F
X
kı
F
º
ı
‹
F
X
k¬
F
fi
F
ı
F
F
·
F
⁄
F
fi
P
Œ
F
‹
F
P
¤
F
∂
F
—
F
F
*
›
=
e+
¤
F
ı
F
kò F
F
P
·
F
∂
F
=
+
fi
Œ
F
W=
W+
P
·
F
J
∂
F
YŒ
F
F
∂
F
P
=
+
J
°
F
F
∂
F
W˘
Ykó ı
F
fi
=
+
F
fi
U
·
F
WŒ
F
º
WŒ
F
E
Z
fi
Œ
F
=
+
º
“
Ÿ
F
kÕ
F
Œ
F
,
;
F
eF
¤
F
U
µ
F
K
+
µ
F
=
W+
“
⁄
F
F
Ê
F
U are posted to conduct regular courses throughout the year. For the
subject like Government Transaction and Cash
P
Ê
F
∂
F
fi
µ
F
,
·
F
f
F
]H
√
¤
F
P
Ê
F
=
+
F
ı
F
,
P
Ê
F
º
WË
F
U
¤
F
]Ω
F
,
E
F
P
º
P
Ê
F
Ë
F
W
F
P
Ê
F

F
‹
F
=
W+
P
·
F
J
“
P
Ë
F
áF
µ
F specialized
Management, Effective Delivery of Rural Credit, Micro
E
F
fi
Ÿ
F
U
E
F
G
a,E
F
G
aE
F
G
aŸ
F
U
J
◊
+¤
F
]kŸ
F
G
a,Ÿ
F
U
E
F
G
aE
F
fi
∞
U
,E
F
G
a∞
U
E
F
fi
Ÿ
F
U
©
U
, Enterprises Development, Forex etc, training has been arranged
J
Œ
F
E
F
G
aE
F
fi
∞
U
,
E
F
G
aE
F
G
aŸ
F
U
J
¤
F
;
F
]Ê
F
F
F̆
©
U
°
F
Yı
F
W“
P
∂
F
P
Ú
∂
F
ı
F
kı
ª
F
F
Œ
F
=
W+
∂
F
∂
Ê
F
F
Ê
F
Õ
F
F
Œ
F
¤
F
Wk during the year under the auspices of reputed institutes like RBI,
IIBF Mumbai, BIRD, IDRBT, NIRD, IIBM Guwahati, FEDAI
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
Ê
‹
F
Ê
F
ı
ª
F
F
“
P
Ë
F
áF
µ
F
E
F
‹
F
X
P
°
F
∂
F
P
=
+
J
°
F
F
∂
F
W˘
Ykó
etc.
P
Ê
F
Ë
F

WF
“
P
Ë
F
áF
µ
F
°
F
ı
YF
W=
+
We P
∞
©
,
°
F
X
P
&
F
¤
F
“
Ÿ
F
Õ
kF
Œ
F
,
P
Ê
F
∏
F
U
‹
F
ı
F
¤
F
F
Ê
F
Ë
WF
Œ
F
,
“
Ÿ
F
Õ
kF
Œ
F
P
Ê
F
=
+
F
ı
F
, Special Training Programmes were conducted with focus on
Õ
F
X
&
F
F
Õ
F
∞
U
sP
Ê
F
Ë
·
F

WF
µ
F
,
P
Ê
F
º
Ë
WF
U
¤
F
Ω
]F
E
F
P
º
¤
F
˘
∂
Ê
F
—
F
µ
[F
aá F
∑
WF
X
k¤
F
kW E
P
Õ
F
=
+
F
P
fi
‹
F
X
k=
+
U
“
P
∂
F
⁄
F
F creation of talent pool of officers in critical areas like Credit, Risk
Management, Financial Inclusion, Management Development,
—
F
·
[F
=
+
WP
Œ
F
¤
F
F
µ
aF
—
F
fi
Õ
‹
F
F
Œ
F
=
+
kW P
Ω
∂
F
=
+
fi
Œ
F
W=
+
Wı
F
F
ª
F
=
+
F
‹
F
=
a+
e¤
F
E
F
‹
F
X
P
°
F
∂
F
P
=
+
‹
F
F
;
F
‹
F
F
ó
Fraud Analysis, Forex etc.
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
E
F
fi
E
F
fi
Ÿ
F
U
=
W+
158 =
+
¤
F
aò F
F
P
fi
‹
F
X
kE
Z
fi
225 E
P
Õ
F
=
+
F
P
fi
‹
F
X
k=
W+
E
·
F
F
Ê
F
F During the year 7128 employees comprising 4385 officers, 2237
=
]+
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56
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,
E
ı
F
¤
F
¤
F
Wk E
ı
F
¤
F
;
F
eF
¤
F
U
µ
F
P
Ê
F
=
+
F
ı
F
Ÿ
F
Yk=
+
,
P
∑
F
—
F
]fi
F
¤
F
Wk P
∑
F
—
F
]fi
F Bank in West Bengal, Assam Gramin Vikash Bank in Assam,
;
F
eF
¤
F
U
µ
F
Ÿ
F
Yk=
+
E
Z
fi
¤
F
P
µ
F
—
F
]fi
¤
F
Wk ¤
F
P
µ
F
—
F
]fi
;
F
eF
¤
F
U
µ
F
Ÿ
F
Yk=
+
˘
Yó ı
F
⁄
F
U
òF
F
fi
“
F
‹
F
X
P
°
F
∂
F
áF
W∑
F
U
‹
F Tripura Gramin Bank in Tripura & Manipur Rural Bank in
Manipur. The combined aggregate business positions of all the
;
F
eF
¤
F
U
µ
F
Ÿ
F
Yk=
+
X
k=
W+
ı
F
k‹
F
]É ∂
F
=
]+
·
F
=
+
F
fi
X
Ÿ
F
F
fi
P
Œ
F
¤
Œ
F
F
kP
=
+
∂
F
˘
Y:
(Rs/crore)
¤
F
F
—
F
º
k∞
Ë
F
F
&
F
F
E
X
k=
+
U
ı
F
k&
‹
F
F
=
]+
·
F
Ê
‹
F
Ê
F
ı
F
F
‹
F
°
F
¤
F
F
E
P
;
F
e¤
F
P
ı
ª
F
P
∂
F
=
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
(%)
31.03.13
1.37
four-sponsored RRBs are as follows:
Parameters
31.03.12
1093
31.03.13
1109
31.03.12
3.7
21,839
24,767
16.9
13.93
14,470
16,330
13.8
12.85
7,369
8,437
23.6
16.08
Advance
(Rs/crore)
Position as on
Growth (%) during
the year ended on
31.03.12
31.03.13
3.7
1.37
31.03.12
1093
31.03.13
1109
Total Business
21,839
24,767
16.9
13.93
Deposit
14,470
16,330
13.8
12.85
7,369
8,437
23.6
16.08
Total No. of Branches
F
P
µ
F
—
F
]fi
;
F
eF
¤
F
U
µ
F
Ÿ
F
Yk=
+
Œ
F
WE
—
F
Œ
F
WG
P
∂
F
F̆
ı
F
¤
F
Wk —
F
˘
·
F
U
Ÿ
F
F
fi
·
F
F
⁄
F
E
P
°
F
a∂
F
P
=
+
‹
F
F
˘
Yó G
ı
F
=
W+ Manipur Rural Bank has achieved profit for the first time in its
—
F
P
fi
µ
F
F
¤
F¤̆
F
F
fi
Wı
F
⁄
F
U
“
F
‹
F
X
P
°
F
∂
F
áF
W∑
F
U
‹
F
;
F
eF
¤
F
U
µ
F
Ÿ
F
Yk=
+
X
kŒ
F
WG
ı
F
P
Ê
F
∏
F
U
‹
F
Ê
F

F
aı
F
W·
F
F
⁄
F history. As a result all our sponsored RRBs are earning profit
=
+
¤
F
F
fĭ
W˘
Ykó “
F
‹
F
X
P
°
F
∂
F
Ÿ
F
Yk=
+
=
W+
¤
F
F
Õ
‹
F
¤
F
ı
F
WJ
Œ
F
G
aJ
◊
+
©
U
ı
F
]P
Ê
F
Õ
F
F
=
W+
ı
F
F
ª
F
ı
F
F
ª
F since this financial year. RTGS facility along with NEFT facility
through sponsored Bank is available to customers of RRBs.
E
F
fi
©
U
°
F
U
J
ı
F
ı
F
]P
Ê
F
Õ
F
F
áF
W∑
F
U
‹
F
;
F
eF
¤
F
U
µ
F
Ÿ
F
Yk=
+
X
k=
W+
;
F
eF
˘
=
+
X
k=
W+
P
·
F
J
H
—
F
·
F
Ÿ
Õ
F
˘
Yó
Awards/ Accolades
—
F
]fi
ı
=
+
F
fi
Ÿ
F
Yk=
+
=
+
X
;
F
eF
˘
=
+
P
¤
F
∑
F
∂
F
F
=
W+
P
·
F
J
P
◊
+
Œ
F
P
Ê
F
°
F
2012,
ı
F
Ê
F
aÍ
F
WÚ
Ÿ
F
Yk=
+
fi
=
W+
—
F
]fi
ı
=
+
F
fi
ı
F
W The bank has received FINWIZ 2012 Best banker's award for
customer friendliness.
—
F
]fi
ı
=
_+
∂
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
Bank has been awarded
Ÿ
F
Yk=
+
=
+
X
P
Œ
F
¤
Œ
F
F
kP
=
+
∂
F
—
F
]fi
ı
=
+
F
fi
ı
F
W—
F
]fi
ı
=
_+
∂
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
Y:
1. Ê
F

F
a 2011-12 =
W+
P
·
F
J
⁄
F
F
fi
∂
F
ı
F
fi
=
+
F
fi
=
W+
J
¤
F
J
ı
F
J
¤
F
G
a¤
F
k∑
F
F
·
F
‹
F
¬
F
fi
F
·
F
f
F
]á F
W∑
F 1. National award as the Best Bank for lending to Small Sector by
the Ministry of MSME, Govt. of India for the year 2011-12.
=
+
X
K
+
µ
F
º
WŒ
F
W=
W+
P
·
F
J
ı
F
Ê
F
X
a∏
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¤
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+
=
W+
‡
—
F
¤
F
Wk fi
F
Ò
dU
‹
F
—
F
]fi
ı
=
+
F
fi
ó
2.
National
award for outstanding performance in
2. Ê
F

F
a 2011-12 =
W+
P
·
F
J
⁄
F
F
fi
∂
F
ı
F
fi
=
+
F
fi
=
W+
J
¤
F
J
ı
F
J
¤
F
G
a¤
F
k∑
F
F
·
F
‹
F
¬
F
fi
F
º
WË
F
=
W+
implementation of PMEGP in North Eastern Sector of the
H
∏
F
fi
—
F
[Ê
F
U
aá F
W∑
F
¤
F
Wk —
F
U
J
¤
F
G
a°
F
U
—
F
U
=
W+
=
+
F
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F
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F
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F
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F
¤
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º
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F
aŒ
F
=
W+
P
·
F
J Country for the year 2011-12 Ministry of MSME, Govt. of
fi
F
Ò
dU
‹
F
—
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ı
=
+
F
fi
ó
India.
3. Ê
F

F
a 2011-12 =
W+
P
·
F
J
⁄
F
F
fi
∂
F
ı
F
fi
=
+
F
fi
=
W+
J
¤
F
J
ı
F
J
¤
F
G
a¤
F
k∑
F
F
·
F
‹
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¬
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fi
F
ı
F
[á ¤
F 3. National award as the 2nd best Bank for lending to Micro Sector
áF
W∑
F
=
+
X
=
+
°
F
aº
WŒ
F
W=
W+
P
·
F
J
º
[ı
F
fi
F
ı
F
Ÿ
F
ı
F
WE
òö F
Ÿ
F
Yk=
+
=
W+
‡
—
F
¤
F
Wk fi
F
Ò
dU
‹
F
—
F
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ı
=
+
F
fi
ó
by the Ministry of MSME, Govt. of India for the year 2011-12.
4. ı
F
U
°
F
U
©
U
J
¤
F
J
ı
F
G
a ¬
F
fi
FÊ
F

F
a 2011-12 =
W+P
·
F
J
H
∏
F
fi
—
F
[Ê
F
U
a fi
F
°
‹
F
X
k ¤
F
Wk 4. National award as the Second best Bank for the performance
ı
F
U
°
F
U
©
U
J
¤
F
J
ı
F
G
a‹
F
X
°
F
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F
=
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E
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∂
F
;
F
a∂
F
J
¤
F
J
ı
F
G
a&
F
F
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X
k=
+
U
=
+
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F
fi
W°
F
=
W+
=
+
F
‹
F
a
of coverage of MSE accounts under CGTMSE scheme in
North Eastern States for the year 2011-12 by CGTMSE.
P
Œ
F

—
F
F
º
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F
=
W+
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·
F
J
º
[ı
F
fi
F
ı
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F
ı
F
WE
òö F
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F
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+
=
W+
‡
—
F
¤
F
Wk fi
F
Ò
dU
‹
F
—
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ı
=
+
F
fi
ó
59
2012-13
E
Œ
F
]—
F
F
·
F
Œ
F
Compliance
⁄
F
F
fi
∂
F
U
‹
F
P
fi
r°
F
Ê
F
aŸ
F
Yk=
+
=
W+
P
º
Ë
F
F
P
Œ
F
º
WaË
F
X
kE
Z
fi
E
—
F
Œ
F
Wò F
·
F
fĭ
U
ı
Ê
F
ı
ª
F
“
ª
F
F
E
X
k=
W+
P
ı̆
ı
F
W Based on the RBI guidelines and as part of its' ongoing sound
=
W+
‡
—
F
=
W+
E
F
Õ
F
F
fi
—
F
fi
,
Ÿ
F
Yk=
+
=
+
U
⁄
F
[P
¤
F
=
+
F
E
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F
·
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=
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¤
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X
k=
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ı
F
¤
F
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Ê
F
‹
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—
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F
Œ
F practices, the Bank has also set up a Compliance department whose
=
+
fi
Œ
F
W=
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·
F
J
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F
F
E
F
=
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fi
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&
F
∂
¤
F
=
+
fi
Œ
F
W=
W+
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·
F
J
J
=
+ role is to co-ordinate the identification of compliance issues, assess
and mitigation of compliance risk. Board adopted Compliance
E
Œ
F
]—
F
F
·
F
Œ
F
P
Ê
F
⁄
F
F
;
F
=
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F
;
F
*
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F
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=
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‹
F
F
;
F
‹
F
F
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Yó Ÿ
F
X
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F
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∂
F
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F
fi
=
+
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;
F
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a˘
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E
Z
fi
ı
F
WÊ
F
F
E
X
k,
E
P
;
F
e¤
F
,
=
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Ê
F
F
G
aı
F
U
,
J
J
¤
F
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·
F
,
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F
U
ı
F
U
J
ı
F
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F
U
E
F
G
a=
+
X
∞
hı
F
=
W+
;
F
P
∂
F
P
Ê
F
P
Õ
F like deposit and services, advances, KYC-AML, BCSBI Codes,
áF
W∑
F
X
k¤
F
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Œ
F
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F
F
·
F
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¤
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k=
+
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—
F
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F
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=
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;
F
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bı
F
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F
¤
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F
P
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Õ
F
∂
F are identified. Role responsibility as regards compliance functions
⁄
F
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¤
F
=
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F
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°
F
¤
¤
F
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F
fi
U
=
+
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F
Yk=
+
=
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fi
ı
∂
F
fi
—
F
fi
—
F
P
fi
⁄
F
F
P

F
∂
F
P
=
+
‹
F
F
;
F
‹
F
F
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Yó P
Œ
F
¤
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F
F
kP
=
+
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F is defined for every tier of the Bank. A reporting system has also
been introduced to ensure compliance of regulatory and statutory
P
fi
—
F
X
P
©
b;
F
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µ
F
F
·
F
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=
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¤
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F
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‹
F
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ı
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F
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F
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F
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E
Z
fi
ı
F
F
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Ê
F
P
Õ
F
=
+
E
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F
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F
F
·
F
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F
=
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¤
F
]«
X
k compliance
issues through:
=
+
F
E
Œ
F
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F
F
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F
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F
ı
F
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F
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Ë
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F
°
F
F
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F
F
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Y:
l
Self – Certification,
l
ı
Ê
F
“
¤
F
F
µ
F
Œ
F
,
l
Random testing through Designated Compliance Officer,
l
¤
F
Œ
F
X
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F
U
∂
F
E
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F
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F
F
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F
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F
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P
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F
=
+
F
fi
U
=
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¤
F
F
Õ
‹
F
¤
F
ı
F
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F
F
º
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òö =
+
—
F
fi
U
áF
µ
F
,
l
Quarterly statement by the Branches and Regional Offices,
l
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F
F
&
F
F
E
X
kE
Z
fi
áF
W∑
F
U
‹
F
=
+
F
‹
F
F
a·
F
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X
k=
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P
∂
F
¤
F
F
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P
Ê
F
Ê
F
fi
µ
F
¬
F
fi
F
⁄
F
F
fi
∂
F
U
‹
F
P
fi
°
F
Ê
F
a
indicating the Compliance status of all circulars received
from RBI, IBA & Govt of India.
Ÿ
F
Yk=
+
,
Quarterly statement with details of Compliance rules
l
⁄
F
F
fi
∂
F
U
‹
F
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F
Yk=
+
ı
F
kf
F
E
Z
fi
⁄
F
F
fi
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F
ı
F
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=
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F
fi
ı
F
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F
—
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F
ı
F
⁄
F
U
—
F
P
fi
—
F
∑
F
X
k=
W+
E
Œ
F
]—
F
F
·
F
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F
=
+
Ul
covering the important areas.
P
ı
ª
F
P
∂
F
,
¤
F
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∂
Ê
F
—
F
[µ
F
aá F
W∑
F
X
k=
W+
E
Œ
F
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F
F
·
F
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F
P
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F
‹
F
¤
F
X
k=
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Ÿ
‹
F
Z
fi
F
P
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F
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F
F
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P
Ê
F
Ê
F
fi
µ
F
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F
fi
F
=
+
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g—
F
X
afi
W©
Under Corporate Governance, the Board of Directors
;
F
Ê
F
Œ
F
aWkı
F
=
W+
E
k∂
F
;
F
a∂
F
P
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F
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F
=
+
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F
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F
ı
F
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F
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F
ı
F
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F
—
F
fi
P
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F
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F
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F
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F
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—
F
ı
F
W=
+
F
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F
[Œ
F
,
P
Œ
F
‹
F
¤
F
X
k periodically reviews compliance reports to ensure timely
E
Z
fi
P
º
Ë
F
F
P
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F
º
aWË
F
X
k=
W+
·
F
F
;
F
[ X̆
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F
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F
F
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F
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⁄
F
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F
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F
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F
F
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F
X
k=
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E
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F
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F
F
·
F
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F
ı
F
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F
¤
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F
P
Œ
Õ
F
∂
F submission of regulatory returns by the different departments of
P
Ê
F
P
Œ
F
‹
F
F
¤
F
=
+
P
Ê
F
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on attaining the age of superannuation on 31st December 2013.
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BOARD OF DIRECTORS AS ON MARCH 31, 2013
Sl.No. Name of
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02.12.2011
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3.
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5.
Sri. Deepak
Narang
Sri. Sanjay D
Arya
Sri. Sandeep
Kumar
Executive
Director
Executive
Director
Nominee – GOI
4.
Smt. Surekha
Marandi
Nominee –RBI
5.
Sri. Sunil
Goyal
Non -Official
Director under
CA category
Non -Official
Director
6.
;
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Sri. Srenik Sett
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7.
Sri. Hiranya
Bora
Non -Official
Director
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Sri. Kiran B
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10.
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Majumder
Officer
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Director
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61
Executive
01.03.2012
Executive
18.06.2012
Non Executive
02.12.2011
Non Executive
Independent
Non Executive
Independent
Non Executive
Independent
30.07.2010
Non Executive
Independent
Non Executive
Independent
Non Executive
05.04.2011
Non Executive
Independent
27.11.2010
22.07.2011
06.10.2010
28.11.2011
19.12.2011
2012-13
Board & Committee Meetings held during the Year
Type of Meeting
Board & Committee Meetings held during the Year
Number
Type of Meeting
Number
Board of Directors
14
Board of Directors
14
Management Committee of the Board of Directors
19
Management Committee of the Board of Directors
19
Audit Committee of the Board of Directors
9
Audit Committee of the Board of Directors
9
Shareholders’ Committee
4
Shareholders’ Committee
4
Risk Management Committee of the Board of Directors
4
Risk Management Committee of the Board of Directors
4
Special Committee to Review High Value Frauds
2
Special Committee to Review High Value Frauds
2
Board Level Customer Service Committee
2
Board Level Customer Service Committee
2
Departmental Promotion Committee
2
Departmental Promotion Committee
2
Remuneration Committee
1
Remuneration Committee
1
High Powered Committee
3
High Powered Committee
3
IT Sub Committee of the Board
4
IT Sub Committee of the Board
4
Nomination Committee
-
Nomination Committee
-
Special Committee to Monitor Officers above 55 Years
1
Special Committee to Monitor Officers above 55 Years
1
Election Committee of the Board of Directors
2
Election Committee of the Board of Directors
2
Recovery Committee of the Board of Directors
3
Recovery Committee of the Board of Directors
3
Board Level Rights Issue Committee
1
Board Level Rights Issue Committee
1
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Director's Responsibility Statements
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Wk for the year ended 31st March 2013 –
The applicable accounting standards have been followed
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provisions of laws governing Banks in India and accounts
have been prepared on a going concern basis.
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recommended, subject to the approval of the shareholders and
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F appropriate regulatory authorities, final dividend at the rate of
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all equity shareholders of the Bank whose name appear on the
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Register of Members on the date of the Book Closure. This will
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17. Acknowledgement
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The Board of Directors wishes to place on record its appreciation
62
Annual Report
2012-13
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Place : Kolkata
Date : 6th May, 2013
63
For and on behalf of
Board of Directors
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Chairperson & Managing Director
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EXECUTIVE
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Govt. of India Nominee, Reserve Bank of India Nominee, Officer Employee,
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Sl.No.
Name of Director
Designation
Nature of Directorship
Date of Assuming Office
1.
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Shri Deepak Narang
Executive Director
Executive
2.
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Shri Sanjay D Arya
Executive Director
Executive
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Shri Sandeep Kumar
Nominee – Govt. of India
Non-Executive
3.
4.
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Smt. Surekha Marandi
Nominee –Reserve Bank of India
5.
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Shri Sunil Goyal
Non - Official Director under CA Category
6.
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Shri Srenik Sett
Non - Official Director
Non-Executive Independent
7.
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Shri Hiranya Bora
Non - Official Director
Non-Executive Independent
Œ
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Non-Executive Independent
Non-Executive Independent
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Shri Kiran B Vadodaria
Non - Official Director
Non-Executive Independent
9.
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Shri Pijush Kanti Ghosh
Officer Employee Director
Non - Executive
10.
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F
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fi
8.
Shri Saumen Majumder
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Shareholder Director
Non - Executive Independent
01.03.2012
18.06.2012
02.12.2011
30.07.2010
22.07.2011
06.10.2010
05.04.2011
28.11.2011
19.12.2011
27.11.2010
Shri Bikramjit Shom, Assistant General Manager & Company
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Secretary acts as the Secretary to the Board of Directors.
l
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None of the Directors are related inter-se.
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Among the non-executive directors, Shri Saumen Majumder
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200 G
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⁄
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65
2012-13
Sri. Sunil Goyal, Non-Official Director under CA category is
l
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also an Independent Director on the Board of Rajastan Syntex
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Lifeline Pvt. Ltd.
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3.3. Particulars of Directors Appointed / Nominated / Elected
during the year:
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ı
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Banks (Management & Miscellaneous Provisions) Scheme 1970 and vide Notification 4/5/2010-BO.I
dated 13th February 2012 appointed Sri. Deepak Narang as Executive Director from March 1st 2012 till
March 31, 2015 or until further order whichever is earlier.
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Sri. Narang joined Allahabad Bank on 2nd January 1978 as a Management Trainee and thereafter was
posted in various important positions in different capacities. He was promoted as General Manager in April
2006. Sri. Narang headed 5 Zonal/Regional offices and also worked in Credit, RBI Inspection and
Recovery Departments in the Head Office.
66
Annual Report
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Banks (Management & Miscellaneous Provisions) Scheme 1970 and vide Notification 4/5/2011-BO.I
dated 18th June 2012 appointed Sri. Arya as Executive Director from the date of his taking charge i.e. June
18, 2012 till September 30, 2016 or until further order whichever is earlier.
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Additional Commissioner – Department of Trades & Taxes, Govt. of NCT/Delhi etc.
67
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NATURE OF APPOINTMENT AS DIRECTOR
Govt. of India in consultation with Reserve Bank of India nominated Director in terms of Clause (c) of
subsection 3 of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act 1970
and Financial Institutions Laws (Amendment) Act 2006 vide Govt. Notification No. F.No.9/2/2007-BO.I
dated 30.07.2010.
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Employed with RBI for about last 30 years, Smt. Marandi has held several important portfolios including
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Mumbai.
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Post Graduate in Commerce and Arts, L.L.B., F.C.A., F.I.C.W.A. and F.C.S apart from holding Diplomas
in various financial and legal subjects.
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Shri Sunil Goyal has been nominated as part-time non-official director under CA Category vide
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Companies (Acquisition &Transfer of Undertakings) Act 1970 and Clause 9(2) of the Nationalised Banks
(Management & Miscellaneous Provision) Scheme 1970.
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specialization include Accounting Standards, auditing standards, corporate taxation, Risk - based controls,
Bank Audit, Management Audit etc. He has been the statutory auditor of Union Bank of India, State Bank of
Bikaner & Jaipur, Bank of Maharashtra, LIC, GIC, New India Assurance Co. Ltd., Oriental Insurance Co.
Ltd., Metlife Insurance Co. Ltd. and consultant for various national and international companies including
ICICI Bank Ltd. Shri Goyal has been on various advisory committees of Reserve Bank of India, Central
Board of Direct Tax, C & AG, Department of Company Affairs, SEBI, IRDA and Ministry of Heavy
Industries. He was member of the Board of International Federation of Accountants, New York,
Confederation of Asian & Pacific Accountants, South Asian Federation of Accountants and held various
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Shri Srenik Sett is the part-time non-official director of the Bank nominated vide Notification
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He is treated as an Independent Director for the purpose of Clause 49 of the Listing Agreement.
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NATURE OF APPOINTMENT AS DIRECTOR
Shri Hiranya Bora has been nominated by Government of India as Part-time Non-official Director
vide Notification F. No. 6/19/2010-BO.I dated April 5, 2011, for a period of three years or until
further order, whichever is earlier.
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Shri Bora has been an active social worker for last 4 decades.
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NATURE OF APPOINTMENT AS DIRECTOR
Government of India vide Notification F.No.6/50/2010-BO.I dated 28.11.2011 appointed Shri
Vadodaria as part-time non-official director for a period of three years or until further order
whichever is earlier.
Shri Vadodaria is considered an Independent Director on the Board of the Bank.
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Shri Vadodaria has been associated in his family business and presently his business activities
spread over media, infrastructure and real estate.
69
2012-13
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NATURE OF APPOINTMENT AS DIRECTOR
Shri Pijush Kanti Ghosh has been appointed as an Officer Employee Director vide Notification
6/10/2011– BO.I dated 19.12.2011 for a period of 3 year from the date of notification or until his
superannuation or until further order whichever is earliest.
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capacities in branches and administrative offices.
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26.12.1950
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NATURE OF APPOINTMENT AS DIRECTOR
Shri Majumder is the Shareholder Director of the Bank elected by the shareholders at the Extraordinary General Meeting of the Bank held on November 26, 2010 pursuant to the provision of
Section 9(3)(i) of the Banking Companies (Acquisition & Transfer of Undertakings) Act 1970.
He is treated as an Independent Director for the purpose of Clause 49 of the Listing Agreement.
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More than 32 years of corporate experience in the fields of financial management, general
management, accounts, audit, decision making and corporate negotiations, first in a multinational audit firm followed by a multi-national FMCG giant.
Shri Majumder is presently into business consultancy since last 10 years
70
Annual Report
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a During the year under review, 14 Board Meetings were held on
following dates as against a minimum of 6 meetings prescribed
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Miscellaneous Provisions) Scheme, 1970.
21.04.11 05.05.12 19.05.12
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03.08.12
05.02.13
01.09.12
26.02.13
06.10.12
15.03.12
21.04.12 05.05.12 19.05.12
26.10.12 21.11.12 08.12.12
28.06.12
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03.08.12
05.02.13
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Srl. Name of Director
No.
Meetings held during the Meetings Leave of
period of their tenures Attended Absence
1. Shri Bhaskar Sen
11
11
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2. Shri Deepak Narang
14
13
1
3. Shri Sanjay D Arya
11
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4. Shri Sandeep Kumar
14
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5. Smt. Surekha Marandi
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6. Shri Sunil Goyal
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11. Shri Soumitra Talapatra
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12. Shri Saumen Majumder
14
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the Board has constituted the undermentioned Committees
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c of Directors. These Committees monitor the activities falling
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Remuneration Committee
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3.
Shareholders’ Committee
4.
Risk Management Committee 11.
Special Committee to monitor
officers above 55 yrs.
5.
Committee to Review
High Value Frauds
Nomination Committee
4.
5.
6.
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71
10.
12.
IT Sub Committee of Board
6.
Customer Service Committee 13.
Election Committee
7.
Departmental Promotion
Committee
Recovery Committee
14.
2012-13
4.1 Management Committee of the Board
4.1 Ÿ
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F pursuant to the Clause-13 of Nationalised Banks (Management
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Directives of the Ministry of Finance, Government of India.
The Management Committee comprised of the following
Directors as members.
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F
=
+
=
+
F
Œ
F
F
¤
F
ı
F
k.
01. Í
F
U
⁄
F
F
ı
=
+
fi
ı
F
WŒ
F
P
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F
º
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F
=
+
∂
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F
ı
F
º
ı
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F
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F
F
=
+
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E
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k“
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P
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º
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F
=
+ 31.12.2012 ∂
Srl. Name
No.
Directorship
Period of
Membership
01. Shri Bhaskar Sen
Chairman & Managing
Director
Up to 31.12.12
ı
F
k—
F
[µ
F
aÊ
F

F
a
21.06.2012 ı
F
W
02. Shri Deepak Narang
Executive Director
Whole year
03.
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a
03. Shri Sanjay D Arya
Executive Director
From 21.06.2012
04.
F
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04. Smt. Surekha Marandi Reserve Bank of India
Nominee Director
02.
05.
06.
07.
08.
09.
10.
⁄
F
F
.
P
fi
.
Ÿ
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Yk=
+
Whole year
ı
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25.10.2012 ∂
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25.04.2012 ∂
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F
W
05. Shri Sunil Goyal
Non-official Director under
Whole year
CA Category
06. Shri Srenik Sett
Non-official Director
07. Shri Hiranya Bora
Non-official Director
F
W
Í
F
U
—
F
U
‹
F
]
F
=
+
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P
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∂
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f
F
X

F E
P
Õ
F
=
+
F
fi
U
=
+
¤
F
aò F
F
fi
U
P
Œ
F
º
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F
=
+ 26.10.2012 ı
26.04.2012 ı
F
W
F
W‹
F
‹
F
fi
Õ
F
F
fi
=
+
P
Œ
F
º
WË
F
=
+
Í
F
U
=
+
U
fi
µ
F
Ê
F
U
⁄
F
F
º
X
º
F
P
fi
‹
F
FË
25.10.2012 ∂
F
=
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F
=
+
+
F
¤
F
;
F
F
fi
=
+
¤
F
aò F
F
fi
U
P
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F
º
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F
=
+ 25.04.2012 ∂
Í
F
U
ı
F
Z
P
¤
F
∑
F
∂
F
·
F
F
—
F
F
∑
F =
08. Shri Pijush Kanti Ghosh Officer Employee Director
From 26.04.2012
Up to 25.10.2012
Up to 25.04.2012
From 26.10.2012
From 26.10.2012
From 26.04.2012
Up to 25.10.2012
10. Shri Soumitra Talapatra Workmen Employee Director Up to 25.04.2012
09. Shri Kiran B Vadodaria Shareholder Director
4.1.2 ı
F
¤
F
U
áF
F
E
Ê
F
P
Õ
F
¤
F
Wk Ÿ
F
F
W∞
a=
+
U
“
Ÿ
F
kÕ
F
Œ
F
ı
F
P
¤
F
P
∂
F
=
+
F
W=
]+
·
F
I
+
Œ
Œ
F
U
ı
F
Ÿ
F
Y*
=
Wk+ 4.1.2.During the year under review, the Management Committee
of the Board (MCB) met Nineteen times on the following
P
Œ
F
¤
Œ
F
P
·
F
P
&
F
∂
F
∂
F
F
fi
U
&
F
F
Wk =
+
F
WC
G
a:
dates:
21.04.12 19.05.12 16.06.12
15.09.12 26.09.12 07.11.12
30.01.13 05.02.13 26.02.13
4.1.3.
28.06.12
08.12.12
14.03.13
21.07.12
21.12.12
24.03.13
03.08.12
09.01.13
01.09.12
17.01.13
21.04.12 19.05.12 16.06.12
15.09.12 26.09.12 07.11.12
30.01.13 05.02.13 26.02.13
28.06.12
08.12.12
14.03.13
21.07.12
21.12.12
24.03.13
03.08.12
09.01.13
01.09.12
17.01.13
Ÿ
F
F
W∞
a=
+
U
“
Ÿ
F
Õ
F
Œ
F
ı
F
P
¤
F
P
∂
F
=
+
U
Ÿ
F
Y*
=
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F
Wk ¤
F
Wk P
Œ
F
º
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=
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F
Wk =
+
U
H
—
F
P
ı
ª
F
P
∂
F
=
+
F
P
Ê
F
Ê
F
fi
µ
F 4.1.3. The details of attendance of the Director Members
are as below:
=
e+
¤
FP
Œ
F
º
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F
=
+
=
+
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F
F
¤
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=
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fi
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1. Í
H
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=
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‹
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a=
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·
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¤
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Wk P
=
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∂
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F
U
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Y*
=
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W¤
F
Wk E
Œ
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]—
F
P
ı
ª
F
P
∂
F˘
W∂
F
]
U
F
F
;
F
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·
F
‹
F
F ö ]™
E
F
‹
F
F
WP
°
F
∂
F
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F
Y*
=
Wk+ ⁄
6.
Í
F
U
º
U
—
F
=
+
Œ
F
F
fi
k;
F
Í
F
U
ı
F
k°
F
‹
F
E
F
‹
F
a
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F
U
¤
F
∂
F
U
ı
F
]fi
W&
F
F
¤
F
fi
F
k∞
U
Í
F
U
ı
F
]Œ
F
U
·
F
;
F
F
W‹
F
·
F
Í
F
U
Í
F
WP
µ
F
=
+
ı
F
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7.
Í
F
U
P
˘
fi
µ
‹
F
Ÿ
F
fi
F
8.
Í
F
U
ı
F
F
YP
¤
F
∑
F
∂
F
·
F
F
—
F
F
∑
F
9.
Í
F
U
—
F
U
‹
F
[
F
=
+
F
kP
∂
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f
F
X

F
Í
F
U
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=
+
fi
µ
F
Ÿ
F
U
.
Ê
F
F
º
X
º
P
fi
‹
F
F
2.
3.
4.
5.
10.
Srl. Name of Director
No.
Meetings held during the Meetings Leave of
period of their tenures Attended Absence
12
12
-
1. Shri Bhaskar Sen
12
12
-
19
18
1
2. Shri Deepak Narang
19
18
1
16
16
-
3. Shri Sanjay D Arya
16
16
-
19
16
3
4. Smt. Surekha Marandi
19
16
3
19
16
3
5. Shri Sunil Goyal
19
16
3
8
8
-
6. Shri Srenik Sett
8
8
-
11
10
1
7. Shri Hiranya Bora
11
10
1
1
-
1
8. Shri Soumitra Talapatra
1
-
1
10
10
-
9. Shri Pijush Kanti Ghosh
10
10
-
8
3
5
10. Shri Kiran B Vadodaria
8
3
5
72
Annual Report
2012-13
4.1.4. Functions of the Management Committee
4.1.4 “
Ÿ
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kÕ
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Wb Management Committee of the Board considers various business
matters of material significance like large business proposals,
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a (above Rs.250 cr. individual/group exposure), new deposit
(
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schemes, sanction of limits – fund based & non-fund based,
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, expenditure,
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=
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F operations and such other important matters as are referred to it
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delegated by the Board within the framework of different policies
approved by it in consonance with RBI guidelines.
4.2 Ÿ
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4.2
4.2.1 ⁄
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U Audit Committee of the Board
E
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(
J
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U 4.2.1. As per the Reserve Bank of India directives and having
regard to the fundamentals of Corporate Governance, the Bank
Ÿ
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;
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a—
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∏
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U
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constituted an Audit Committee of the Board (ACB)
E
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+ comprising 9 Directors with a non-executive independent
Œ
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[·
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:
26 °
F
[Œ
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,
1995 =
+
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F Director having financial expertise as the Chairman of the
Committee. The Bank originally formed its ACB on June 26,
—
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1995 which was reconstituted from time to time.
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F The ACB provides directions on accounts, audit & inspection and
ı
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Srl. Name
No.
Directorship
01. Shri Sunil Goyal
Whole year
Non-official Director &
Chairman of the Committee
02. Shri Deepak Narang
Executive Director
Whole year
03. Shri Sanjay Arya
Executive Director
From 21.06.2012
04. Shri Sandeep Kumar
GoI Nominee Director
Whole year
Period of
Membership
05. Smt. Surekha Marandi RBI Nominee Director
Whole year
06. Shri Srenik Sett
Non-official Director
Whole year
07. Shri Hiranya Bora
08. Shri Kiran Vadodaria
Non-official Director
Non-official Director
Whole year
From 31.12.2012
09. Shri Saumen Majumder Shareholder Director
Shri
Í
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Bikramjit Shom, Assistant General Manager &
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- and not less than six times in a year. During the year the Audit
05.05.2012
26.10.2012
19.05.2012
21.07.2012
28.12.2012** 05.02.2013
03.08.2012
14.03.2013
Committee met nine times on the following dates –
15.09.2012*
05.05.2012
26.10.2012
19.05.2012
21.07.2012
28.12.2012** 05.02.2013
03.08.2012
14.03.2013
15.09.2012*
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Name of Director
01. Shri Sunil Goyal
Meetings held during the Meetings Leave of
period of their tenures Attended Absence
1
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02. Shri Deepak Narang
9
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1
03. Shri Sanjay Arya
7
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04. Shri Sandeep Kumar
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2
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9
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2
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09. Shri Saumen Majumder
9
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4.2.4. The functions of Audit Committee include the following:
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4.3 Shareholders' Committee
4.3 Ë
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4.3.1. The Shareholders Committee was formed, as prescribed under
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F Clause 49 of the Listing Agreement with the Stock Exchanges on
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74
Annual Report
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02.
03.
04.
2012-13
The Shareholders Committee consists of the following Director Members –
ı
F
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21.06.2012 ı
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a
Srl. Name
No.
Directorship
Period of
Membership
01. Shri Saumen Majumder Shareholder Director &
Chairman of the Committee
Whole year
02. Shri Deepak Narang
Executive Director
Whole year
03. Shri Sanjay Arya
Executive Director
From 21.06.2012
04. Shri Hiranya Bora
Non-official Director
Whole year
Shri Bikramjit Shom, Assistant General Manager & Company
l
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Secretary acts as the Secretary to the Shareholders' Committee of
the Board of Directors.
4.3.2 ı
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of the Board met four times on the following dates:
P
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Ykó
21.04.2012
03.08.2012
26.10.2012
30.01.2013
21.04.2012
03.08.2012
26.10.2012
30.01.2013
18 E
“
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2013 =
+
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W 31 ¤
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a 2013 =
W+ On April 18th 2013 the Committee met to consider and approve the
Ê
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Wk business up to March 31, 2013. All members were present at the
said meeting.
ı
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4.3.3. The attendance of Director Members is detailed below:
4.3.3 P
Œ
F
º
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F
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F
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=
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U
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Y*
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F
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F
WP
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Y*
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Srl. Name of Director
No.
Meetings held during the Meetings Leave of
period of their tenure Attended Absence
01.
Í
F
U
ı
F
F
Y¤
F
WŒ
F
¤
F
°
F
]¤
F
º
F
fi
4
4
-
01.
Shri Saumen Majumder
4
4
-
02.
Í
F
U
º
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—
F
=
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F
fi
k;
F
4
4
-
02.
Shri Deepak Narang
4
4
-
03.
Í
F
U
ı
F
k°
F
‹
F
E
F
‹
F
a
Í
F
U
P
˘
fi
µ
‹
F
Ÿ
F
fi
F
3
3
-
03.
Shri Sanjay Arya
3
3
-
4
4
-
04.
Shri Hiranya Bora
4
4
-
04.
4.3.4 ı
F
P
¤
F
P
∂
F
=
W+
P
Œ
F
¤
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F
P
·
F
P
&
F
∂
F
=
+
F
‹
F
a˘
Y:
4.3.4. The functions of the Committee are as follows:a) Speedy disposal of transfer, sub-division,
=
+
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Srl. Name
No.
Directorship
01. Shri Bhaskar Sen
Chairman & Managing
Up to 31.12.2012
Director & Chairman of the
Committee
02. Shri Deepak Narang
03. Shri Sanjay Arya
Executive Director
Executive Director
Whole year
From 21.06.2012
04. Shri Sandeep Kumar
GoI Nominee Director
Whole year
05. Smt. Surekha Marandi RBI Nominee Director
Whole year
Period of
Membership
2012-13
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06.10.2012
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The Committee of the Board consists of the following members:
76
Annual Report
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03.
04.
05.
06.
07.
2012-13
Srl. Name
No.
Directorship
01. Shri Bhaskar Sen
Chairman & Managing
Up to 31.12.2012
Director & Chairman of the
Committee
02. Shri Deepak Narang
Executive Director
Whole year
03. Shri Sanjay Arya
Executive Director
From 21.06.2012
04. Shri Sandeep Kumar
GoI Nominee Director
Whole year
ı
F
k—
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21.06.2012 ı
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12.01.2013
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05. Shri Saumen Majumder Shareholder Director
Period of
Membership
Whole year
06. Shri Soumitra Talapatra Workmen Employee Director Up to 12.01.2013
07. Shri Pijush Kanti Ghosh Officer Employee Director
From 05.02.2013
4.5.2 ı
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review on the following dates:
P
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28.06.2012
15.03.2013
28.06.2012
4.5.3. The attendance of the Director Members is detailed
below:
4.5.3H
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Meetings held during the Meetings Leave of
period of their tenures Attended Absence
Srl. Name of Director
No.
01.
Í
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1
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01. Shri Bhaskar Sen
1
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2
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2
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2
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2
04. Shri Sandeep Kumar
2
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2
2
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2
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1
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06. Shri Soumitra Talapatra
1
1
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1
1
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07. Shri Pijush Kanti Ghosh
1
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03.
04.
05.
06.
07.
4.5.4 ı
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4.5.4 Functions of the Committee –
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perpetration of frauds and putting in place the measures
to plug the same.
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levels in all cases of frauds, and staff-side actions if
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prevent recurrence of frauds.
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4.6 Board Level Customer Service Committee:
4.6 Ÿ
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directives of RBI, with a focus to improve the standards of
ı
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of customer satisfaction.
77
2012-13
The Committee of the Board consists of the following Directors –
G
ı
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ı
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01.
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03.
04.
05.
06.
Srl. Name
No.
Directorship
01. Shri Bhaskar Sen
Chairman & Managing
Up to 31.12.2012
Director & Chairman of the
Committee
Period of
Membership
02. Shri Deepak Narang
Executive Director
Whole year
03. Shri Sanjay Arya
Executive Director
From 21.06.2012
04. Smt Surekha Marandi
RBI- Nominee Director
Whole year
05. Shri Saumen Majumder Shareholder Director
Whole year
06. Shri Soumitra Talapatra Workmen Employee Director Up to 12.01.2013
4.6.2 ı
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Srl. Name of Director
No.
01. Shri Bhaskar Sen
02. Shri Deepak Narang
Meetings held during the Meetings Leave of
period of their tenures Attended Absence
2
2
-
2
03. Shri Sanjay Arya
2
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2
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2
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4.6.4. The Functions of the Customer Service Committee :
4.6.4 ;
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1982 19(2) of the United Bank of India (Officers') Service Regulations,
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The Committee of the Board consists of the following Directors –
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Director & Chairman of the
Committee
02.
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GoI Nominee Director
Whole year
03.
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4.7.2 The Committee met twice during the year on 20.05.12 and
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4.7.3 The attendance of Director members are given below :-
4.7.2
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Srl. Name of Director
No.
01. Shri Bhaskar Sen
02. Shri Sandeep Kumar
Meetings held during the Meetings Leave of
period of their tenures Attended Absence
2
2
2
2
03. Smt. Surekha Marandi
1
1
2
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4.7.4. Functions of the Committee –
Promoting employees of 'Top Executive Grade – VI' to 'VII'
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Srl. Name
No.
Directorship
Period of
Membership
01. Shri Sandeep Kumar
GoI Nominee Director
Whole year
02. Smt. Surekha Marandi
RBI Nominee Director
Whole year
03. Shri Srenik Sett
Non-official Director
Whole year
04. Shri Saumen Majumder Shareholder Director
Whole year
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4.8.2
4.8.3. The details of remuneration, including performance linked
4.8.3 2011-12 ¤
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Shri Deepak Narang
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Srl. Name
No.
Directorship
01. Shri Bhaskar Sen
Chairman & Managing
Up to 31.12.2012
Director & Chairman of the
Committee
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02. Shri Deepak Narang
Executive Director
Whole year
03. Shri Sanjay Arya
Executive Director
From 21.06.2012
04. Shri Sandeep Kumar
Govt. of India
Nominee Director
Whole year
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F
=
+
U
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U
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F
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F
¤
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F
P
·
F
P
&
F
∂
F
∂
F
F
fi
U
&
F
F
Wk =
+
F
W 4.9.2. The Committee met three times during the year under
review on the following dates:
˘
]G
a:
4.9.2
21.04.2012
03.08.2012
29.12.2012
21.04.2012
03.08.2012
29.12.2012
4.9.3 H
—
F
‹
F
]aÉ ∂
F
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=
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¤
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ı
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+
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H
—
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ı
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‹
F
F
Yfi
F
P
Œ
F
¤
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F
É∂
F
˘
Yk :4.9.3. The attendance of the Director Members is detailed below:
=
e+
¤
FP
Œ
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º
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=
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=
+
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F
F
¤
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01. Í
02.
03.
04.
05.
H
Œ
F
=
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=
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F
a=
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·
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U
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=
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W¤
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P
ı
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F
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;
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·
F
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F
F ö ]™
E
F
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F
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°
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=
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Í
F
U
º
U
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F
=
+
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F
F
fi
k;
F
Í
F
U
ı
F
k°
F
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E
F
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a
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U
ı
F
kº
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F
=
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fi
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U
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∂
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F
¤
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fi
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k∞
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Srl. Name of Director
No.
Meetings held during the Meetings Leave of
period of their tenure Attended Absence
3
3
-
01. Shri Bhaskar Sen
3
3
-
3
3
-
02. Shri Deepak Narang
3
3
-
2
2
-
03. Shri Sanjay Arya
2
2
-
3
2
1
04. Shri Sandeep Kumar
3
2
1
3
3
-
05. Smt. Surekha Marandi
3
3
-
4.9.4. Functions of the Committee –
l
Monitoring the progress being made for expeditious
E
Œ
F
]Ë
F
F
ı
F
Œ
F
∂
¤
F
=
+
=
+
F
‹
F
aÊ
F
F
Ŭ
=
W+
“
∂
‹
F
W=
+
òF
fi
µ
F
=
+
F
W‹
F
ª
F
F
Ë
F
U
f
F
e—
F
[fi
F
=
+
fi
Œ
F
W=
+
U
l
completion of each stage of the disciplinary
P
º
Ë
F
F
¤
F
Wk C
G
a“
;
F
P
∂
F
=
+
F
E
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F
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F
∂
F
aŒ
F
=
+
fi
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F
F
ó
proceedings.
l
P
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F
⁄
F
F
;
F
U
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F
°
F
F
cò F
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P
=
e+
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F
=
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Wı
F
¤
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F
—
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fi
—
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[fi
F
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fi
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W=
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P
·
F
J
P
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F
º
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F
°
F
F
fi
U
l
Issuing directions for ensuring timely completion of
departmental enquiries.
=
+
fi
Œ
F
F
ó
l
Reviewing actions taken towards preventive vigilance
l
P
Œ
F
fi
F
WÕ
F
=
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ı
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=
a+
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°
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cò F
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º
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F
¤
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G
a=
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fi
aÊ
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a=
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ı
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¤
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checks.
4.9.4 ı
F
P
¤
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∂
F
=
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=
+
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‹
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a
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fi
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4.10. IT Sub Committee of Board:
4.10.1. This committee has been constituted to review
4.10 P
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F
º
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F
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k∞
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4.10.1 G
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Wb, functioning of in-house IT-Committee of Executives, IT related
ı
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[.
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ı
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W activities and to issue guidelines for technical up-gradation and
introduction of new IT related products.
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Yó
4.10. 2. The Committee consists of the following members –
4.10. 2. G
ı
F
¤
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Wk P
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F
¤
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F
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=
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k.
01.
02.
03.
04.
Í
F
U
º
U
—
F
=
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F
fi
k;
F
Í
F
U
ı
F
k°
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‹
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E
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a
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U
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fi
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k—
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a
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·
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º
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21.06.2012
ı
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W
=
+
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‹
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a—
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F
·
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º
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k—
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a
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a·
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U
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P
Œ
F
º
WË
F
=
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ı
F
k
—
F
[
µ
F
a
Ê
F

F
a
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F
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F
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fi
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F
F
fi
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+
P
Œ
F
º
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F
=
+
80
Srl. Name
No
Directorship
Period of
Membership
01. Shri Deepak Narang
Executive Director
Whole year
02. Shri Sanjay Arya
Executive Director
From 21.06.2012
03. Shri Srenik Sett
Non-official Director
Whole year
04. Shri Saumen Majumder Shareholder Director
Whole year
Annual Report
2012-13
4.10.3 ı
F
¤
F
U
áF
F
Õ
F
U
Œ
F
Ê
F

F
a¤
F
Wk G
ı
F
ı
F
P
¤
F
P
∂
F
=
+
U
òF
F
fi
Ÿ
F
Yk*
=
Wk+
P
Œ
F
¤
Œ
F
P
·
F
P
&
F
∂
F
∂
F
F
fi
U
&
F
F
Wk
4.10.3. The Committee met four times during the year under
review on the following dates:
=
+
F
W˘
]G
a:
28.06.2012
26.09.2012
08.12.2012
28.06.2012
14.03.2013
26.09.2012
08.12.2012
14.03.2013
4.10.4 H
—
F
‹
F
]aÉ ∂
F
Ÿ
F
Y*
=
+
¤
F
Wk P
Œ
F
º
WË
F
=
+
ı
F
º
ı
‹
F
F
Wk =
+
U
H
—
F
P
ı
ª
F
P
∂
F
=
+
F
Ÿ
‹
F
F
Yfi
F
P
Œ
F
¤
Œ
F
Ê
F
∂
F
h˘
Y :4.10.4. The attendance of the Director Members is detailed below:
=
e+
¤
FP
Œ
F
º
WË
F
=
+
=
+
F
Œ
F
F
¤
F
ı
F
k.
01. Í
F
U
º
U
—
F
=
+
Œ
F
F
fi
k;
F
02.
03.
04.
H
Œ
F
=
W+
=
+
F
‹
F
a=
+
F
·
F
¤
F
Wk P
=
+
∂
F
Œ
F
U
Ÿ
F
Y*
=
+
F
W¤
F
Wk E
Œ
F
]—
F
P
ı
ª
F
P
∂
F˘
W∂
F
]
U
F
F
;
F
P
·
F
‹
F
F ö ]™
E
F
‹
F
F
WP
°
F
∂
F
Ÿ
F
Y*
=
Wk+ ⁄
Í
F
U
ı
F
k°
F
‹
F
E
F
‹
F
a
Í
F
U
Í
F
WP
µ
F
=
+
ı
F
W©
Í
F
U
ı
F
F
Y¤
F
WŒ
F
¤
F
°
F
]¤
F
º
F
fi
Srl. Name of Director
No.
Meetings held during the Meetings Leave of
period of their tenure Attended Absence
4
4
-
01. Shri Deepak Narang
4
4
-
4
4
-
02. Shri Sanjay Arya
4
4
-
4
4
-
03. Shri Srenik Sett
4
4
-
4
4
-
04. Shri Saumen Majumder
4
4
-
4.10.5 ı
F
P
¤
F
P
∂
F
=
W+
=
+
F
‹
F
a:
4.10.5. Functions of the Committee –
functioning of in-house IT Committees of
Executives.
l
=
+
F
‹
F
a—
F
F
·
F
=
+
F
Wk =
+
U
ı
F
U
Ÿ
F
U
J
ı
F
ı
F
kò F
F
·
F
Œ
F
ı
F
P
¤
F
P
∂
F
=
W+
=
+
F
‹
F
F
Wb =
+
U
ı
F
¤
F
U
áF
F
=
+
fi
Œ
F
F
ó
l
Reviewing functioning of CBS – Steering Committee of
l
Ÿ
F
Yk=
+
=
W+
ı
F
[ò F
Œ
F
F
“
F
Yº
h‹
F
F
WP
;
F
=
+
U
=
+
F
‹
F
a=
+
·
F
F
—
F
F
Wk =
+
F
—
F
‹
F
aÊ
F
Wá F
µ
F
=
+
fi
Œ
F
F
E
F
Yfi
E
F
Ê
F
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‹
F
=
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Executives.
¤
F
F
;
F
aP
Œ
F
º
WaË
F
º
WŒ
F
F
ó
l
Overseeing IT – activities of the Bank and giving necessary
guidance.
l
∂
F
=
+
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F
U
=
+
U
H
Œ
‹
F
Œ
F
=
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·
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J
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º
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F
F
P
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F
º
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F
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F
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fi
U
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F
F
E
Z
fi
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F
G
aE
F
G
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U
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F
¤
—
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l
Issuance
of guidelines for technical upgradation and
H
∂
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F
F
º
X
kE
Z
fi
ı
F
WÊ
F
F
E
X
k=
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F
]‡
E
F
∂
F
introducing new IT related products and services.
4.11.Œ
F
F
¤
F
Œ
F
ı
F
P
¤
F
P
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F
4.11.1 G
ı
F
ı
F
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¤
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;
F
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F
⁄
F
F
fi
∂
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U
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F
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fi
r°
F
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F
aŸ
F
Yk=
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¬
F
fi
F
P
º
J
;
F
J
¤
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;
F
aP
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º
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F
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Wk =
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E
Œ
F
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F
F
fi
Ê
F
F
kP
ö ∂
F
ı
F
k&
‹
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fi
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fi
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Wk ¤
F
Wk ı
F
WH
—
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E
F
Yfi4.11.1. The Committee was constituted for the purpose of
ı
F
¤
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]P
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∂
F
H
¤
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U
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F
fi
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F
F
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F
W‹
F
fi
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F
F
fi
=
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Wk =
W+ determination of the 'Fit & Proper' status, as per the prescribed
RBI guidelines in this regard, of the candidates nominated by the
“
P
∂
F
P
Œ
F
P
Õ
F
=
W+
‡
—
F
¤
F
Wk P
Œ
F
º
WË
F
=
+F̆
Wk;
F
Wó
requisite number of shareholders for the Directorship of the Bank
as representative of the shareholders.
G
ı
F
E
Ê
F
P
Õ
F
=
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º
Z
fi
F
Œ
F
P
Œ
F
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X
k=
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F
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F
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FX̆
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F
W=
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=
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F
fi
µ
F
Œ
F
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¤
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fi
,
W+
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F
F
º
2010 =
=
+
F
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F
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E
F
k∂
F
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fi
=
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E
F
G
a©
U
ı
F
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∂
F
=
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=
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F
‹
F
F
Wb =
+
U
ı
F
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F
U
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F
=
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F
F
ó
l
l
Reviewing
ı
F
P
¤
F
P
∂
F
=
+
F
—
F
]Œ
F
;
F
a*
Œ
F
Œ
F
Ŭ
kC
E
F
ó
The Committee has not been reconstituted since November 2010
as there was no possibility of election of director in the
F
W‹
F
fi
Õ
F
F
fi
=
+
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Œ
F
º
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F
=
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k=
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;
F
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F
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F
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¤
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∂
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;
F
P
*
∂
F
=
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U intervening period.
4.11.2 Ë
°
F
F
J
;
F
U
ó
4.11.2. The Committee will be reconstituted before the next
election
of shareholder director.
4.11.3 ò F
[kP
=
+
ı
F
¤
F
U
áF
F
Õ
F
U
Œ
F
Ê
F

F
a¤
F
Wk =
+
F
WG
aò F
]Œ
F
F
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F
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F
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kC
E
F
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YE
∂
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:
G
ı
F
ı
F
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¤
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∂
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4.11.3. There being no election during the year under review, the
Committee did not meet.
4.11.4 ı
F
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4.11.4. Functions of the Committee
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of Reserve Bank of India.
4.12 55 Ê
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F The Committee was reconstituted on 29th December 2011 and
currently consists of the following members:
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81
2012-13
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Srl. Name
No.
Directorship
01. Shri Bhaskar Sen
Chairman & Managing
Up to 31.12.2012
Director & Chairman of the
Committee
02. Shri Sandeep Kumar
GoI Nominee Director
03. Shri Saumen Majumder Shareholder Director
Period of
Membership
Whole year
Whole year
21.11.2012 =
4.12.2 ı
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a 4.12.2. The Committee met only once on 21.11.2012
during the year under review at which Shri Sandeep Kumar
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was on leave of absence.
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30 4.12.3. Functions of the Committee –
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Reviewing
the suitability of employees in service of
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4.13. Election Committee of the Board of Directors
E
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fipurpose of selection of most suitable candidates among
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21.04.2012 =
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Public Sector Banks, Insurance Companies and Govt. Financial
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4.13.1. ı
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4.13.1. The Committee comprises of the following Director
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Srl. Name
No.
Directorship
Period of
Membership
Chairman & Managing
Since inception of
Director & Chairman of the the Committee, up
Committee
to 31.12.2012
01.
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01. Shri Bhaskar Sen
02.
Í
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21.06.2012 ı
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=
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02. Shri Deepak Narang
Executive Director
Since inception
03. Shri Sanjay Arya
Executive Director
From 21.06.2012
04. Shri Srenik Sett
Non-official Director
Since inception
31.12.2012
03.
04.
05.
∂
F
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4.13.2. ı
F
P
¤
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P
∂
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20.06.12 E
Z
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15.03.13 =
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02.
03.
04.
05.
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Since inception
4.13.2. The Committee met twice during the financial year on
20.06.12 and 15.03.13.
4.13.3. The details of the attendance of the Director members are
given herein below –
4.13.3. P
Œ
F
º
WË
F
=
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º
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‹
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X
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U
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·
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F
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F
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=
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WŒ
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01. Í
05. Shri Saumen Majumder Shareholder Director
H
Œ
F
=
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=
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‹
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a=
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·
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=
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=
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Srl. Name of Director
No.
Meetings held during the Meetings Leave of
period of their tenure Attended Absence
1
1
-
01. Shri Bhaskar Sen
1
1
-
2
2
-
02. Shri Deepak Narang
2
2
-
1
1
-
03. Shri Sanjay Arya
1
1
-
2
2
-
04. Shri Srenik Sett
2
2
-
2
2
-
05. Smt. Saumen Majumder
2
2
-
82
Annual Report
2012-13
4.13.4. ı
F
P
¤
F
P
∂
F
=
W+
=
+
F
‹
F
a
4.13.4. Functions of the Committee:
of most suitable candidates among shareholders
contesting election to become Directors in other Public
ı
F
fi
=
+
F
fi
U
P
Ê
F
∏
F
U
‹
F
=
k+
—
F
P
Œ
F
‹
F
X
k∂
F
ª
F
F
H
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F
F̆
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F
F
=
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fi
Œ
F
W=
W+
P
·
F
J
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F
F
Ê
F
¤
F
Wk ·
F
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s∂
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W
Sector Banks, Insurance Companies and Govt. Financial
C
J
P
Œ
F
º
WË
F
=
+
Ÿ
F
Œ
F
Œ
F
F
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F
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F
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H
Œ
F
¤
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—
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‹
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F
U
a=
+
F
òF
‹
F
Œ
F
=
+
fi
Œ
F
F
ó
Institutions and to authorize the Bank to support them.
Selection
l
Ë
F
W‹
F
fi
Õ
F
F
fi
=
+
X
k=
W+
Ÿ
F
U
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,
°
F
X
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F
F
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F
a°
F
P
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=
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=
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Yk=
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F
U
¤
F
F
=
k+
—
F
P
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F
‹
F
X
kE
Z
fil
4.14. Recovery Committee of the Board of Directors
4.14. P
Œ
F
º
WË
F
=
+
¤
F
k∞
·
F
=
+
U
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F
ı
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F
U
ı
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P
¤
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P
∂
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P
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the purpose of monitoring the progress in recovery on regular
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periodic intervals.
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03.08.2012
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Period of
Membership
Chairman & Managing
Since inception of
Director & Chairman of the the Committee, up
Committee
to 31.12.2012
02. Shri Deepak Narang
Executive Director
Since inception
03. Shri Sanjay Arya
Executive Director
Since inception
04. Shri Sandeep Kumar
GoI Nominee Director
Since inception
4.14.2. The Committee met on the following dates since its
inception:
29.12.2012
29.12.2012
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01. Í
01. Shri Bhaskar Sen
Directorship
24.01.2013
20.03.2013
4.14.3. The details of the attendance of the Director members are
given herein below –
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Meetings held during the Meetings Leave of
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4.14.4. Functions of the Committee:
4.14.4. ı
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Monitoring the progress in recovery at regular intervals.
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other matters pertaining to Recovery, Monitoring,
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Committee.
83
2012-13
5. Usage of Issue Proceeds from the Preferential Allotment
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fiTill March 31, 2012, the Government grants received were
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management policies and initiatives are placed before the Board
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84
Annual Report
2012-13
10. Compliance Officer
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Reconciliation of Share Capital of the Bank respectively.
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11.2. Number of complaints received, resolved and pending
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;
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requests were pending at our end.
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Balance shares lying in the Suspense Account as on 31.03.2013
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F Suspense Account on application by the shareholders and subject
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˘
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86
Annual Report
12.
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2012-13
12. Disclosure, communication and relationship with
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'car loan' under “United Car Loan Scheme” of Rs. 303,000/- at an
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financial year 2012-13. The Bank will conduct the Annual
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ı
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,Information relating to the Bank is sent to the shareholders
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Adequacy etc. The shareholders are also informed about the
quarterly, half-yearly and annual performances of the Bank
through publication in newspapers, reporting to the stock
exchanges, press releases and also through Bank's website
(www.unitedbankofindia.com).
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Economic Times
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04.08.2012
27.10.2012
06.02.2013
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14. Shareholders' Information
held its Annual
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General Meeting on Thursday, June 28 2012 at 10.30 a.m.
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Road, Alipore, Kolkata – 700027.
Shri Sunil Goyal, Chairman of the Audit Committee of the
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Secretary and a member of the Audit Committee clarified
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, Tuesday, March 12th 2013 at 10.30 a.m. at Bhasha Bhavan
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W Kolkata – 700027 to approve by special resolution, the
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India on behalf of Government of India. The shareholders
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passed the special resolution with thumping majority.
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Quarter/ Half Year/ Annual
June 30, 2013
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Annual General Meeting &
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16.06.2012 to 28.06.2012
Declaration of Final Dividend. (Both days inclusive)
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End of October, 2013
End of January, 2014
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14.5 Book Closure & Record Date
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15.1 Dematerialisation of Securities
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total admitted capital with both the depositories i.e. NSDL and
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89
2012-13
Particulars of shares in Demat form held by the Equity
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shareholders
as on 31.03.13 are as under:
Ë
F
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fi
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31.03.2012
E
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‹
F
F
Ë
F
W‹
F
fi
Õ
F
F
P
fi
∂
F
F
=
+
F
“
P
∂
F
Ë
F
∂
F
No. of Holders
No. of shares
% - age Holding
23138
300149150
80.10
41987
60848288
16.24
161
13709501
3.66
65286
374706939
100.00
DEMAT BEYOND 21 DAYS (PENDING & CONFIRMATION)
21 P
º
Œ
F
X
k=
W+
Œ
F
U
òF
W∞
U
¤
F
Y©
(
·
F
kP
Ÿ
F
∂
F
E
Z
fi
—
F
]Ò
U
=
+
fi
µ
F
)
NO. OF SHARES
F
F
¤
F
·
F
X
k=
+
U
ı
F
k&
‹
F
F Ë
F
W‹
F
fi
X
k=
+
U
ı
F
k&
‹
F
F CONFIRMED AFTER 21 DAYS NO. OF CASES
21 P
º
Œ
F
X
k=
W+
Ÿ
F
F
º
—
F
]Ò
U
=
_+
∂
F¤
NSDL
NIL
NIL
Ë
F
[Œ
‹
F
J
Œ
F
J
ı
F
∞
U
J
·
F
Ë
F
[Œ
‹
F
CDSL
NIL
NIL
Ë
F
[Œ
‹
F
Ë
F
[Œ
‹
F
ı
F
U
∞
U
J
ı
F
J
·
F
PENDING MORE THAN 21 DAYS
21 P
º
Œ
F
X
kı
F
WE
P
Õ
F
=
+
·
F
kP
Ÿ
F
∂
F
NO. OF SHARES
F
F
¤
F
·
F
X
k=
+
U
ı
F
k&
‹
F
F Ë
F
W‹
F
fi
X
k=
+
U
ı
F
k&
‹
F
F CONFIRMED AFTER 21 DAYS NO. OF CASES
21 P
º
Œ
F
X
k=
W+
Ÿ
F
F
º
—
F
]Ò
U
=
_+
∂
F¤
Ë
F
[Œ
‹
F
NSDL
NIL
NIL
J
Œ
F
J
ı
F
∞
U
J
·
F
Ë
F
[Œ
‹
F
CDSL
NIL
NIL
Ë
F
[Œ
‹
F
Ë
F
[Œ
‹
F
ı
F
U
∞
U
J
ı
F
J
·
F
15.2 G
·
F
WÉ ©
dF
P
Œ
F
=
+
⁄
F
];
F
∂
F
F
Œ
F
ı
F
WÊ
F
F
J
c(
G
a—
F
W¤
F
Wk©
)
15.2 Electronic Payment (e-Payment)
G
aı
F
U
J
ı
F
·
F
F
⁄
F
F
kË
F
/Ÿ
‹
F
F
°
F
E
F
P
º
=
W+
⁄
F
];
F
∂
F
F
Œ
F
=
+
U
J
=
+
E
P
⁄
F
Œ
F
Ê
F
—
F
P
∂
F
˘
Y°
F
F̆
cP
Œ
F
Ê
F
WË
F
=
+
F
Wk E-Payment is a novel mechanism of payment of
=
+
F
Wº
W‹
F
fi
F
P
Ë
F
ı
F
U
Õ
F
WH
Œ
F
=
W+
/H
Œ
F
=
+
U
Ÿ
F
Yk=
+
&
F
F
∂
F
W¤
F
Wk °
F
¤
F
F
=
+
U
°
F
F
ı
F
=
+
∂
F
U
˘
Yó Ÿ
F
Yk=
+
Œ
F
W dividend/interest, etc., whereby the amount due to an investor can
directly be credited into his/her Bank account through NEFT/
Ë
F
W‹
F
fi
Õ
F
F
fi
=
+
F
Wk =
+
F
WG
aı
F
U
J
ı
F
ı
F
]P
Ê
F
Õ
F
F
“
º
F
Œ
F
=
+
U
˘
Yó
ECS/ NECS etc. The Bank has offered the services to the
G
aı
F
U
J
ı
F
E
P
Õ
F
—
F
∑
F
=
+
F
◊
+
F
g¤
F
aÊ
F
F
P

F
a=
+
P
fi
—
F
F
W©
a=
W+
ı
F
F
ª
F
ı
F
k·
F
;
Œ
F
˘
YP
°
F
ı
F
W—
F
k°
F
U
=
+
F
fi
J
Ê
F
k shareholders to avail the e-Payment facility.
E
k∂
F
fi
µ
F
J
°
F
Wk©
=
+
F
W⁄
F
W°
F
F
°
F
F
ı
F
=
+
∂
F
F
˘
Yó Ë
F
W‹
F
fi
Õ
F
F
fi
=
+
F
Wk=
W+
P
Œ
F
º
WaË
F
—
F
fi
P
=
+
ı
F
U
⁄
F
U
ı
F
¤
F
‹
F The mandate form is enclosed with the Annual Report, which
may be sent to the Registrar & Transfer Agent. The option to
G
aı
F
U
J
ı
F
=
W+
¤
F
F
Õ
‹
F
¤
F
ı
F
W·
F
F
⁄
F
F
kË
F
“
F
—
∂
F
=
+
fi
Œ
F
W=
+
F
P
Ê
F
=
+
·
—
F
ö F
W∞
sF
°
F
F
ı
F
=
+
∂
F
F
˘
Yó
15.3. Ê
F

F
a 2012-13 =
W+
º
F
Yfi
F
Œ
F
Ÿ
F
Yk=
+
¬
F
fi
F
⁄
F
];
F
∂
F
F
Œ
F
P
=
+
J
;
F
J
·
F
F
⁄
F
F
kË
F
:
receive dividend through electronic mode may be discontinued at
any time at the instance of the shareholder.
15.3. Dividend paid by the Bank during the year 2012 -13
Ÿ
F
Yk=
+
Œ
F
W 2012-13 =
W+
º
F
Yfi
F
Œ
F
‡
.
10/- =
W+
“
∂
‹
F
W=
+
G
aP
ÉÊ
F
©
U
Ë
F
W‹
F
fi
—
F
fi
‡
.
2.40/- =
+
U
º
fi
ı
F
W·
F
F
⁄
F
F
kË
F
=
+
F
⁄
F
];
F
∂
F
F
Œ
F
P
=
+
‹
F
F
˘
Y°
F
F
W 2011-12 =
+
F
E
kP
∂
F
¤
F
(
◊
+
F
G
Œ
F
·
F
)
·
F
F
⁄
F
F
kË
F The Bank has paid dividend at the rate of `2.40/- per equity share of
`10/- each during 2012-13 being the Final Dividend for the year
˘
Yó G
ı
F
=
+
F
E
Œ
F
]¤
F
F
Wº
Œ
F
Ÿ
F
Yk=
+
=
+
U
;
F
∂
F
Ê
F
F
P

F
a=
+
¤
F
F̆
ı
F
⁄
F
F
¤
F
Wk Ë
F
W‹
F
fi
Õ
F
F
fi
=
+
F
Wk Œ
F
WP
=
+
‹
F
F
ª
F
F
ó
2011-12 approved by the shareholders at the Bank's latest AGM.
Ÿ
F
Yk=
+
Œ
F
W⁄
F
F
fi
∂
F
ı
F
fi
=
+
F
fi
=
+
F
W 9.50% =
+
U
º
fi
ı
F
WE
P
Õ
F
¤
F
F
Œ
F
U
·
F
F
⁄
F
F
kË
F
=
+
F
⁄
F
];
F
∂
F
F
Œ
F
P
=
+
‹
F
F The Bank has also paid to the Government of India Preference
Dividend at the rate of 9.50% being 1% above the prevailing
˘
Y°
F
F
W 31 ¤
F
F
òF
a 2013 =
+
F
W 80000 (
E
ı
ı
F
U°̆
F
F
fi
)
Ÿ
F
=
+
F
‹
F
F
ı
ª
F
F
G
aE
ı
F
kò F
‹
F
U Repo
Rate on 80000 (Eighty Thousand) outstanding Perpetual
E
P
Õ
F
¤
F
F
Œ
F
U
Ë
F
W‹
F
fi
F
Wk —
F
fi
¤
F
F
Y°
F
[º
F
fi
W—
F
F
W fi
W©
ı
F
WJ
=
+
“
P
∂
F
Ë
F
∂
F
E
P
Õ
F
=
+
˘
YE
F
Yfi
‹
F
˘
H
É∂
F Non-Cumulative Preference Shares as on 31st March 2013 as per
E
P
Õ
F
¤
F
F
Œ
F
U
Ë
F
W‹
F
fi
F
Wk =
W+
P
Œ
F
;
F
a¤
F
=
+
U
Ë
F
∂
F
X
b=
W+
E
Œ
F
]‡
—
F
˘
Yó
the terms of issue of the said preference shares.
15.4 Ÿ
F
Yk=
+
=
+
U
Ë
F
W‹
F
fi
—
F
[k°
F
U
:
15.4. Share Capital of the Bank
As per section 3(2A) of Banking Companies Acquisition and
Ÿ
F
YkP
=
k+
;
F
=
k+
—
F
Œ
F
U
(
H
—
F
=
e+
¤
F
F
Wk =
+
F
E
°
F
aŒ
F
E
F
Yfi
E
k∂
F
fi
µ
F
)
E
P
Õ
F
P
Œ
F
‹
F
¤
F
1970 =
+
U
Õ
F
F
fi
F Transfer of Undertakings (Act) 1970, as amended, the Authorised
3(2 J
)
=
W+
E
Œ
F
]ı
F
F
fi
fi
F
Ò
dU
‹
F
=
_+
∂
F
Ÿ
F
Yk=
+
=
+
U
“
F
P
Õ
F
=
_+
∂
F
—
F
[k°
F
U
fl
.
3000 =
+
fi
F
W∞
s F̆
W;
F
U
°
F
F
W Capital of the Nationalised Bank shall be `3000 crore divided
fl
.
10/- “
∂
‹
F
W=
+
=
W+
G
aP
ÉÊ
F
©
U
Ë
F
W‹
F
fi
¤
F
Wk =
]+
·
F
300 =
+
fi
F
W∞
s—
F
[µ
F
a∂
F
:
“
º
∏
FË
F
W‹
F
fi
¤
F
Wk into 300 crore fully paid equity shares of `10/- each.
P
Ê
F
⁄
F
F
P
°
F
∂
F
=
+
U
C
G
a F̆
W;
F
U
ó
The issued, subscribed and paid-up capital of the Bank is
31 ¤
F
F
òF
a 2013 ∂
F
=
+Ÿ
F
=
kY +=
+
UP
Œ
F
;
F
P
a¤
F
∂
F
,
E
P
⁄
F
º
∏
FJ
Ê
F
k “
º
∏
F—
F
°
k[ F
Ufl
. `374,70,69,390.00 as on March 31st 2013, divided into
374,70,69,390.00 ˘
YP
°
F
ı
F
W 10 fl
.
“
∂
‹
F
=
W+
=
+
WG
P
aÉ Ê
F
©
U
Ë
F
‹
WF
fi
F
kW ¤
F
kW =
+
]·
F
374706939 374706939 equity shares of `10/- each in which the Government
Ë
F
‹
WF
fi
F
kW ¤
F
kW P
Ê
F
⁄
F
F
P
°
F
∂
F
P
=
+
‹
F
F
C
E
F
˘
óY G
ı
F
¤
F
kW ⁄
F
F
fi
∂
F
ı
F
fi
=
+
F
fi
=
+
W —
F
F
ı
F
30,81,28,640 of India holds 30,81,28,640 Equity Shares and is the major
shareholder (82.232%) of the Bank.
G
P
aÉ Ê
F
©
U
Ë
F
‹
WF
fi
X
k˘
kY E
F
fi
Y‹
F
˘
Ÿ
F
=
kY +
=
+
F
ı
F
Ÿ
F
ı
F
WŸ
F
∞
F
sË
F
‹
WF
fi
Õ
F
F
fi
=
+
(
82.232%) ˘
óY
¤
F
F
òF
a 2013 ¤
F
Wk ⁄
F
F
fi
∂
F
ı
F
fi
=
+
F
fi
Œ
F
W fl
—
F
‹
F
W 100.00 =
+
fi
X
∞
sG
ı
F
Ÿ
F
Yk=
+
=
W+
1,37,08.019 Government of India infused capital of `100.00 crore (rounded
off) in March 2013 by subscribing to the preferential allotment of
G
aP
ÉÊ
F
©
U
Ë
F
W‹
F
fi
U
=
+
U
&
F
fi
U
º
E
P
Õ
F
¤
F
F
Œ
F
U
E
F
Ÿ
F
k©
Œ
F
=
W+
E
F
Õ
F
F
fi
—
F
fi
=
+
fi
·
F
U
‹
F
˘
fi
F
P
Ë
F
Ÿ
F
Yk=
+ 1,37,08,019
equity shares of the Bank. This will be a part of core
=
+
U
ı
ª
F
F
G
a—
F
[k°
F
U
=
+
F
E
kË
FF̆
W;
F
U
ó
Capital of the Bank.
90
Annual Report
2012-13
Accordingly the present Capital Structure of the Bank as on 31st
March 2013 is as follows:
(`crore)
(
‡
.
=
+
fi
F
W∞
s)
Authorised Share Capital
3000.00
fl
.
3000.00
∂
F
º
Œ
F
]‡
—
F
,
31 ¤
F
F
òF
a 2013 =
+
F
WŸ
F
Yk=
+
=
+
U
Ê
F
∂
F
a¤
F
F
Œ
F
—
F
[k°
F
U
ı
F
kfi
òF
Œ
F
F
P
Œ
F
¤
Œ
F
Ê
F
∂
F
h˘
Y:
“
F
P
Õ
F
=
_+
∂
F
Ë
F
W‹
F
fi
—
F
[k°
F
U
P
Œ
F
;
F
aP
¤
F
∂
F
,
E
P
⁄
F
º
∏
F
J
Ê
F
k“
º
∏
F
—
F
[k°
F
U
:
“
∂
‹
F
W=
+
G
aP
ÉÊ
F
©
U
Ë
F
W‹
F
fi
‡
.
10 =
W+
374706939 G
aP
ÉÊ
F
©
U
Ë
F
W‹
F
fi
:
‡
.
374.707
80000 ı
ª
F
F
G
a,
E
ı
F
kò F
‹
F
U
,
E
P
Õ
F
¤
F
F
Œ
F
U
Ë
F
W‹
F
fi
=
]+
·
F
“
º
∏
F
—
F
[k°
F
U
Issued, Subscribed and Paid-up Capital:
374706939 Equity Shares of `10/- each:
80000 Perpetual Non-Cumulative
Preference Shares:
Total Paid up Capital:
‡
.
800.00
1174.707
ı
F
F
fi
µ
F
U
1 : 31.03.2013 =
+
F
WÍ
F
Wµ
F
U
Ê
F
F
fi
G
aP
ÉÊ
F
©
U
Ë
F
W‹
F
fi
F
Wk =
+
F
P
Ê
F
∂
F
fi
µ
F
Í
F
Wµ
F
U
/
Category
=
+
)
/
A.
1.
2.
fi
&
F
W;
F
J
Ë
F
W‹
F
fi
F
Wk =
+
U
ı
F
k&
‹
F
F
/
No. of shares held
Ë
F
W‹
F
fi
F
Wk =
+
F
“
P
∂
F
Ë
F
∂
F
(%)/Percentage of shareholding
308128640
82.232
----
----
----
----
308128640
82.232
10866140
2.90
96664
0.026
26375382
7.039
2525138
0.674
39863324
10.639
9957138
2.657
222668
0.059
16031637
4.279
453432
0.121
50100
0.013
26714975
7.129
374706939
100.00
ı
F
k“
Ê
F
∂
F
a=
+
Promoters - Indian Promoters (Govt of India)
- Foreign Promoters
P
¤
F
·
F
=
+
fi
=
+
F
‹
F
a=
+
fi
∂
F
WC
J
Ê
‹
F
P
É ∂
F
Persons Acting in Concert
H
—
F
‹
F
F
W;
F
/
Sub-Total
&
F
)
/
B.
;
F
Yfi
ı
F
k“
Ê
F
∂
F
a=
+
Õ
F
F
P
fi
∂
F
F
/
Non-Promoters’Holding
3.
ı
F
kı
ª
F
F
P
Œ
F
=
+
P
Œ
F
Ê
F
WË
F
/
Institutional Investors
=
+
)
/
a) ¤
‹
F
]ò F
]E
·
F
◊
k+
∞
J
Ê
F
k‹
F
[©
U
E
F
G
a/
Mutual Funds & UTI
&
F
)
/
b) Ÿ
F
Yk=
+
/P
Ê
F
∏
F
U
‹
F
ı
F
kı
ª
F
F
Œ
F
X
k/
Banks/Financial Institutions,
;
F
)
/
c) Ÿ
F
U
¤
F
F
=
k+
—
F
P
Œ
F
‹
F
F
k/
Insurance Companies
f
F
)
/
c) P
Ê
F
º
WË
F
U
ı
F
kı
ª
F
F
;
F
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Table 1: Category wise Distribution of Equity Shareholding as on
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2012-13
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Sl.No.
Number of Shares
Percentage of Shareholdings
- ---
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- ---
----
2525138
0.674%
----
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453432
0.121%
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2978570
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Name of shareholders
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15.5 Ë
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2012
13-April-2012
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2-May-2012
13-°
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2012
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6-July-2012
6-E
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2012
20-September-2012
19-E
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2012
19-October-2012
30-Œ
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30-November-2012
31-P
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31-December-2012
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2013
7-January-2013
4-◊
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fi
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fi
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2013
4-February-2013
H
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High
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69.85
71.00
64.50
59.45
66.70
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75.60
81.80
84.95
74.45
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11-March-2013
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26-E
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2012
26-April-2012
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31-August-2012
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2012
4-September-2012
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F
fi
2012
8-October-2012
7-Œ
F
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2012
7-November-2012
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2012
14-December-2012
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28-February-2013
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54.65
56.60
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63.20
73.80
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22-March-2013
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2012
13-April-2012
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2012
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2012
20-September-2012
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2012
19-October-2012
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2012
30-November-2012
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2012
31-December-2012
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fi
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2013
7-January-2013
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4-February-2013
H
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70.00
70.60
64.80
59.30
65.80
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75.75
81.60
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74.75
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52.95
11-March-2013
*Data downloaded from the website of BSE Ltd. NSEIL
92
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2012
31-August-2012
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2012
4-September-2012
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2012
8-October-2012
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2012
71-November-2012
14-P
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2012
14-December-2012
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F
fi
U
2013
24-Janury-2013
28-◊
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fi
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fi
U
2013
28-February-2013
P
Œ
F
¤
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Low
62.75
54.75
56.20
52.40
49.75
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60.80
63.40
73.65
71.40
59.55
22-¤
F
F
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66.90
22-March-2013
52.80
Annual Report
Ÿ
F
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2012-13
Movement of Bank's Share vis-à-vis Index:
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Index Comparison
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[
UBI
SENSEX
PSU
Source : www.bseindia.com
NIFTY
UBI
Source : www.nseindia.com
93
2012-13
15.6
31.03.2013
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F 15.6. Value wise Distribution of Share holding of United Bank
of India as on 31.03.2013.
¤
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HOLDER
SHAREHOLDING OF
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PERCENTAGE
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TOTAL
1
1
to
5000
60674
92.936
78891850
2.105
2
5001
to
10000
2570
3.937
20919370
0.558
3
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to
20000
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17042650
0.455
4
20001
to
30000
332
0.509
8465370
0.226
5
30001
to
40000
111
0.170
3962620
0.106
6
40001
to
50000
118
0.181
5521070
0.147
7
50001
to
100000
157
0.241
11291780
0.301
8
100001
and
176
0.270
3600974680
96.101
65286
100.000
3747069390
100.000
Above
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Total
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Instrument as on March 31, 2013.
˘
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700 001
15.8. Address for Correspondence –
United Bank of India
Share Department & Investors’ Grievance Cell,
United Tower, 4th Floor
11, Hemanta Basu Sarani, Kolkata – 700001.
Tel : 033-22483857
Email: investors@unitedbank.co.in
=
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a 2013
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For & on behalf of the Board of Directors
E
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⁄
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F
;
F
aÊ
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Date: May 14th, 2013
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Place: Kolkata
94
Archana Bhargava
Chairman & Managing Director
Annual Report
‹
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a 14, 2013
Date: May 14, 2013
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a 2013
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V. S. Khutwad
Archana Bhargava
Chief Financial Officer
Chairperson & Managing
Dated: May 14th, 2013
Place : Kolkata
96
Annual Report
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2012-13
AUDITORS' CERTIFICATE ON CORPORATE
GOVERNANCE
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090130
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Membership No. 076263
Membership No. 069596
Membership No. 065286
Membership No. 408904
Membership No. 090130
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14.05.2013
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Date : 14.05.2013
Place : Kolkata
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INDEPENDENT AUDITORS' REPORT
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8. The Balance Sheet and Profit and Loss Account have been
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(Acquisition and Transfer of Undertakings) Act, 1970 and
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2012-13
10.
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We have obtained all the information and explanations
which to the best of our knowledge and belief, were
necessary for the purpose of our audit and have found
them to be satisfactory.
ii
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ii. The transactions of the Bank, which have come to our
notice, have been within the powers of the Bank.
iii
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iii. The returns received from the offices and branches of the
Bank have been found adequate for the purpose of our
audit.
10. In our opinion, the Balance Sheet, Profit and Loss Account
and Cash Flow Statement comply with the applicable Accounting
Standards.
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M/s. George Read & Co.
M/s. D. K. Chhajer & Co.
M/s. M. Choudhury & Co.
M/s. M.C. Bhandari & Co. M/s. Ramesh C.
Agrawal & Co.
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Chartered Accountants
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(CA Rajiv Panja)
(CA Alok Kumar Premrajka)
(CA Maneesh Choudhury)
(CA Neelima Jain)
(CA Rohitashwa RC Agrawal)
(CA Sanjeev Kwatra)
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Partner
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090130
Membership No. 057393
Membership No. 076263
Membership No. 069596
Membership No. 065286
Membership No. 408904
Membership No. 090130
P
º
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k=
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:
14.05.2013
ı
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Date : 14.05.2013
Place : Kolkata
100
Annual Report
2012-13
31 ¤
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a,
2013 =
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Balance Sheet as on 31st March, 2013
and
Profit and Loss Account for the year ended
31st March, 2013
101
2012-13
31 ¤
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a 2013 =
+
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BALANCE SHEET AS ON 31ST MARCH, 2013
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CAPITAL & LIABILITIES
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Schedule
31.03.2013 =
+
X
As on 31.03.2013
31.03.2012 =
+
X
As on 31.03.2012
1
1174,70,69
1160,99,89
2
4709,01,15
4418,68,63
3
100651,54,34
89116,26,24
4
4942,70,30
4920,19,25
5
3137,14,83
2394,25,26
114615,11,31
102010,39,27
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Hiranya Bora
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Vikas S. Khutwad
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Executive Director
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102
Annual Report
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31 ¤
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BALANCE SHEET AS ON 31ST MARCH, 2013
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F
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As on 31.03.2013
31.03.2012 =
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As on 31.03.2012
6
3846,61,36
5091,78,94
7
5141,94,46
2185,46,16
8
33463,40,17
29058,79,65
9
68908,66,21
63043,29,38
10
857,05,18
805,00,10
11
2397,43,93
1826,05,04
114615,11,31
102010,39,27
13137,67,38
11997,56,17
3309,03,08
3016,60,24
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Membership No. 057393
Membership No. 076263
Membership No. 069596
Membership No. 065286
Membership No. 408904
Membership No. 090130
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14.05.2013
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Date : 14.05.2013
Place : Kolkata
103
2012-13
E
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1 / SCHEDULE 1
—
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CAPITAL
(` in thousand)
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Perpetual Non Cummulative Preference Shares(PNCPS)
31.03.2013 =
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As on 31.03.2013
31.03.2012 =
+
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As on 31.03.2012
3000,00,00
3000,00,00
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ISSUED, SUBSCRIBED AND PAID- UP CAPITAL
374706939 (Previous Year 360998920) Equity
Shares of `10/- each (including 308128640
(Previous Year 294420621) held by GOI]
374,70,69
360,99,89
800,00,00
800,00,00
1174,70,69
1160,99,89
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80000 (Previous Year 80000) Perpetual
Non-Cumulative Preference Shares (PNCPS)
of ` 1,00,000/- each held by GOI
=
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F
/ TOTAL :
104
Annual Report
2012-13
E
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2 / SCHEDULE 2
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RESERVES & SURPLUS
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As on 31.03.2013 As on 31.03.2012
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II.
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F
F
ı
F
WE
k∂
F
fi
µ
F
/ Add: Transfer from Profit & Loss Account
H
—
F
‹
F
X
;
F
[(
=
+
)
+(
&
F
)
] / SUB-TOTAL
[(a) + (b)]
615,53,70
457,40,45
97,97,61
158,13,25
713,51,31
615,53,70
640,73,89
658,43,25
-
-
21,75
(70,06)
(16,47,03)
624,48,61
(16,99,30)
640,73,89
1495,44,73
1490,57,60
13,04,80
1508,49,53
2132,98,14
4,87,13
1495,44,73
2136,18,62
657,33,73
541,72,02
86,29,20
115,61,71
743,62,93
657,33,73
1009,62,58
729,12,34
III. Ë
F
W‹
F
fi
“
U
P
¤
F
‹
F
¤
F
/ Share Premium
E
ª
F
:
Ë
F
W
F
/ Opening Balance
°
F
X
∞
s:
G
ı
F
Ê
F

F
a=
+
F
‹
F
X
;
F
/ Addition during the year
H
—
F
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F
X
;
F
/ SUB TOTAL
=
+
)
fi
F
°
F
ı
Ê
F
J
Ê
F
kE
Œ
‹
F
“
F
fi
P
áF
∂
F
IV.
IV. a) Revenue and Other Reserves
fi
F
°
F
ı
Ê
F
“
F
fi
P
áF
∂
F
/ Revenue Reserve
E
ª
F
:
Ë
F
W
F
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f
F
©
F
Ê
F
:
—
F
[Ê
F
aÊ
F
∂
F
U
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F
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kŸ
F
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F
∂
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F
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°
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F
F
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F
P
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H
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&
F
)
P
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F
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F
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F
“
F
fi
P
áF
∂
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E
ª
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F
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V.
f
F
©
F
Ê
F
:
P
—
F
ö ·
F
WÊ
F

F
a=
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ı
F
kŸ
F
kÕ
F
¤
F
Wk ı
F
¤
F
F
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X
°
F
Œ
F
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H
—
F
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F
X
;
F
(
&
F
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/ SUB-TOTAL (b)
H
—
F
‹
F
X
;
F
[(
=
+
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&
F
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] / SUB-TOTAL [(a) + (b)]
·
F
F
⁄
F
-̆
F
P
Œ
F
·
F
W&
F
F
¤
F
Wk Ë
F
W
F
/ Balance in Profit & Loss Account
=
]+
·
F
/ TOTAL ( I + II + III+IV+V)
105
–
–
109,26,19
280,50,24
1118,88,77
1009,62,58
–
–
–
–
–
–
1118,88,77
1009,62,58
–
–
4709,01,15
4418,68,63
2012-13
E
Œ
F
]ı
F
[ò F
U
3 / SCHEDULE 3
°
F
¤
F
F
(` ˘
r°
F
F
fi
¤
F
Wk)
DEPOSITS
(` in thousand)
31.03.2013 =
+
X
31.03.2012 =
+
X
As on 31.03.2013
As on 31.03.2012
1203,70,86
817,95,95
8329,64,42
8922,85,87
30372,08,80
26588,65,54
1450,33,67
1664,86,78
59295,76,59
51121,92,10
100651,54,34
89116,26,24
100651,54,34
89116,26,24
–
–
100651,54,34
89116,26,24
=
+ I. ¤
F
F
c;
F
°
F
¤
F
F
A
I.
II.
Demand Deposits
Ÿ
F
Yk=
+
X
kı
F
W
i)
i)
From Banks
ii)
E
Œ
‹
F
ı
F
W
ii)
From Others
Ÿ
F
òF
∂
F
Ÿ
F
Yk=
+
°
F
¤
F
F
II. Savings Bank Deposits
III. ¤
F
U
‹
F
F
º
U
°
F
¤
F
F
III. Term Deposits
i)
Ÿ
F
Yk=
+
X
kı
F
W
i)
From Banks
ii)
ii)
From Others
E
Œ
‹
F
ı
F
W
=
]+
·
F
/ TOTAL :
&
F
i)
⁄
F
F
fi
∂
F
=
+
U
Ë
F
F
&
F
F
E
X
k¤
F
Wk °
F
¤
F
F
B
i)
Deposits of branches in India
ii)
⁄
F
F
fi
∂
F
=
W+
Ÿ
F
F
˘
fi
Ë
F
F
&
F
F
E
X
k¤
F
Wk °
F
¤
F
F
ii)
Deposits of branches outside India
=
]+
·
F
/ TOTAL :
106
Annual Report
2012-13
E
Œ
F
]ı
F
[ò F
U
4 / SCHEDULE 4
H
Õ
F
F
fi
(` ˘
r°
F
F
fi
¤
F
Wk)
BORROWINGS
(` in thousand)
31.03.2013 =
+
X
As on 31.03.2013
I.
31.03.2012 =
+
X
As on 31.03.2012
⁄
F
F
fi
∂
F
¤
F
Wk H
Õ
F
F
fi
I. Borrowings in India
i)
⁄
F
F
fi
∂
F
U
‹
F
P
fi
°
F
Ê
F
aŸ
F
Yk=
+
i)
Reserve Bank of India
ii)
E
Œ
‹
F
Ÿ
F
Yk=
+
ii) Other Banks
iii)
520,00,00
–
–
3365,18,64
4268,59,25
1250,94,66
131,60,00
4942,70,30
4920,19,25
326,57,00
520,00,00
1725,00,00
1725,00,00
300,00,00
–
E
Œ
‹
F
ı
F
kı
ª
F
F
J
kJ
Ê
F
kJ
°
F
WkP
ı
F
‹
F
F
c
iii) Other Institutions & Agencies #
II.
326,57,00
⁄
F
F
fi
∂
F
=
W+
Ÿ
F
F
˘
fi
H
Õ
F
F
fi
fi
F
P
Ë
F
‹
F
F
c
II. Borrowings outside India
=
]+
·
F
/ TOTAL :
H
—
F
‹
F
]aÉ ∂
F
IE
Z
fi
II ¤
F
Wk ı
F
P
¤
¤
F
P
·
F
∂
F
°
F
¤
F
F
Œ
F
∂
F
U
H
Õ
F
F
fi
fi
F
P
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F
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F
F
c
Secured borrowings included in I&II above
#©
U
‹
F
fi
II —
F
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F
U
˘
W∂
F
]E
Õ
F
U
Œ
F
ı
ª
F
K
+
µ
F
ı
F
P
˘
∂
F
# Including Subordinated Debts for Tier II Capital
#©
U
‹
F
fi
I—
F
[c°
F
U
˘
W∂
F
]E
F
G
a—
F
U
∞
U
E
F
G
aı
F
P
˘
∂
F
# Including IPDI for Tier 1 Capital
107
2012-13
E
Œ
F
]ı
F
[ò F
U
5 / SCHEDULE 5
E
Œ
‹
F
º
W‹
F
∂
F
F
J
kJ
Ê
F
k“
F
Ê
F
Õ
F
F
Œ
F
(` ˘
r°
F
F
fi
¤
F
Wk)
OTHER LIABILITIES AND PROVISIONS
(` in thousand)
31.03.2013 =
+
X
As on 31.03.2013
I.
º
W‹
F
P
Ÿ
F
·
F
I.
Bills Payable
II.
E
k∂
F
fi
=
+
F
‹
F
F
a·
F
‹
F
ı
F
¤
F
F
‹
F
X
°
F
Œ
F
(
Ë
F
] )
II.
Inter-Office Adjustments (net)
III.
H
—
F
P
òF
∂
F
Ÿ
‹
F
F
°
F
III.
Interest accrued
IV.
¤
F
F
Œ
F
=
+
E
F
P
ı
∂
F
‹
F
X
k˘
W∂
F
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F
=
+
P
ı
¤
F
=
+
“
F
Ê
F
Õ
F
F
Œ
F
IV.
Contingent Provisions against Standard Assets
V.
E
F
ı
ª
F
P
;
F
∂
F
=
+
fi
º
W‹
F
∂
F
F
(
Ë
F
] )
V.
Deferred Tax Liability (net)
VI.
“
ı
∂
F
F
P
Ê
F
∂
F
·
F
F
⁄
F
F
kË
F
(
·
F
F
⁄
F
F
kË
F
=
+
fi
ı
F
P
˘
∂
F
)
VI.
Proposed Dividend (including Dividend Tax)
VII.
VII.
Others (including provisions)
31.03.2012 =
+
X
As on 31.03.2012
394,27,24
377,68,86
20,19,55
71,55,78
470,17,30
343,66,16
533,51,00
351,86,00
–
–
171,61,82
189,02,40
1547,37,92
1060,46,06
3137,14,83
2394,25,26
E
Œ
‹
F
(
“
F
Ê
F
Õ
F
F
Œ
F
X
kı
F
P
˘
∂
F
)
=
]+
·
F
/ TOTAL :
108
Annual Report
2012-13
E
Œ
F
]ı
F
[ò F
U
6 / SCHEDULE 6
⁄
F
F
fi
∂
F
U
‹
F
P
fi
r°
F
Ê
F
aŸ
F
Yk=
+
¤
F
Wk Œ
F
=
+
º
U
J
Ê
F
k°
F
¤
F
F
fi
F
P
Ë
F
‹
F
F
c
(` ˘
r°
F
F
fi
¤
F
Wk)
CASH & BALANCES WITH RESERVE BANK OF INDIA
(` in thousand)
31.03.2013 =
+
X
As on 31.03.2013
I.
I.
31.03.2012 =
+
X
As on 31.03.2012
F̆
ª
F
¤
F
Wk Œ
F
=
+
º
U
(
P
Ê
F
º
WË
F
U
¤
F
]Ω
F
Œ
F
X
©
X
kı
F
P
˘
∂
F
)
Cash in hand (including foreign currency notes)
357,44,28
348,16,35
3489,17,08
4743,62,59
–
–
3846,61,36
5091,78,94
II. ⁄
F
F
fi
∂
F
U
‹
F
P
fi
r°
F
Ê
F
aŸ
F
Yk=
+
¤
F
Wk °
F
¤
F
F
fi
F
P
Ë
F
‹
F
F
c
II. Balances with Reserve Bank of India
i)
i)
òF
F
·
F
[&
F
F
∂
F
W¤
F
Wk
In Current Account
ii) E
Œ
‹
F
&
F
F
∂
F
X
k¤
F
Wk
ii) In Other Accounts
=
]+
·
F
/ TOTAL :
109
2012-13
E
Œ
F
]ı
F
[ò F
U
7 / SCHEDULE 7
Ÿ
F
Yk=
+
X
k¤
F
Wk Ë
F
W
F
∂
F
ª
F
F
¤
F
F
c;
F
E
Z
fi
E
·
—
F
ı
F
[ò F
Œ
F
F
—
F
fi
“
P
∂
F
º
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F
fi
F
P
Ë
F
(` ˘
r°
F
F
fi
¤
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Wk)
BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE
(` in thousand)
31.03.2013 =
+
X
As on 31.03.2013
I.
⁄
F
F
fi
∂
F
¤
F
Wk
I.
In India i)
31.03.2012 =
+
X
As on 31.03.2012
Ÿ
F
Yk=
+
X
k¤
F
Wk °
F
¤
F
F
i) Balances with Banks
a)
òF
F
·
F
[&
F
F
∂
F
X
k¤
F
Wk
a) In Current Accounts
b)
79,08,01
–
–
3473,27,40
1100,00,00
–
3530,05,76
–
1179,08,01
1611,88,70
1006,38,15
–
–
–
–
1611,88,70
1006,38,15
5141,94,46
2185,46,16
E
Œ
‹
F
°
F
¤
F
F
&
F
F
∂
F
X
k¤
F
Wk
b) In Other Deposit Accounts
ii)
56,78,36
¤
F
F
k;
F
E
Z
fi
E
·
—
F
ı
F
[ò F
Œ
F
F
—
F
fi
“
P
∂
F
º
W‹
F
ii) Money at Call and Short Notice
a)
Ÿ
F
Yk=
+
X
k¤
F
Wk
a) With Banks
b)
E
Œ
‹
F
ı
F
kı
ª
F
F
Œ
F
X
k¤
F
Wk
b) With other Institutions
H
—
F
‹
F
X
;
F
/ SUB-TOTAL :
II.
⁄
F
F
fi
∂
F
=
W+
Ÿ
F
F
˘
fi
-
II. Outside India i)
Ÿ
F
Yk=
+
X
k¤
F
Wk °
F
¤
F
F
i) Balances with Banks
a)
òF
F
·
F
[&
F
F
∂
F
X
k¤
F
Wk
a) in Current Accounts
b)
E
Œ
‹
F
°
F
¤
F
F
&
F
F
∂
F
X
k¤
F
Wk
b) in Other Deposit Accounts
ii)
¤
F
F
c;
F
E
Z
fi
E
·
—
F
ı
F
[ò F
Œ
F
F
—
F
fi
“
P
∂
F
º
W‹
F
fi
F
P
Ë
F
ii) Money at Call and Short Notice
H
—
F
‹
F
X
;
F
/ SUB-TOTAL :
=
]+
·
F
/ TOTAL :
110
Annual Report
2012-13
E
Œ
F
]ı
F
[ò F
U
8 / SCHEDULE 8
P
Œ
F
Ê
F
WË
F
(` ˘
r°
F
F
fi
¤
F
Wk)
INVESTMENTS
(` in thousand)
31.03.2013 =
+
X
I.
⁄
F
F
fi
∂
F
¤
F
Wk P
Œ
F
Ê
F
WË
F
(
ı
F
=
+
·
F
)
I.
Investments in India (Gross)
31.03.2012 =
+
X
As on 31.03.2013
As on 31.03.2012
33658,67,75
29246,70,21
(195,27,58)
33463,40,17
(187,90,56)
29058,79,65
25639,25,61
22676,29,40
26,38,72
28,37,72
297,71,97
292,29,11
2222,93,11
2274,59,59
–
–
5277,10,76
3787,23,83
33463,40,17
29058,79,65
71
71
(71)
–
(71)
–
–
–
–
–
–
–
33463,40,17
29058,79,65
f
F
©
F
Ê
F
:
J
Œ
F
—
F
U
E
F
G
a,
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F
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F
A
F
ı
F
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F
P
fi
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F
X
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F
Œ
F
˘
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F
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F
Ê
F
Õ
F
F
Œ
F
Less : Provision for NPI, depreciation / amortisation
Ë
F
] / NET
P
Ê
F
Ë
·
F
W
F
µ
F
/ Break-up
i) ı
F
fi
=
+
F
fi
U
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P
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F
⁄
F
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F
‹
F
F
c
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ii) E
Œ
‹
F
E
Œ
F
]¤
F
X
P
º
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F
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P
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F
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F
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ii) Other Approved Securities
iii) Ë
F
W‹
F
fi
iii) Shares
iv) P
∞
Ÿ
F
Wkò F
fi
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F
F
k∞
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F
iv) Debentures and Bonds
v) ı
F
F̆
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F
=
+
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F
k/‹
F
F
ı
F
k‹
F
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F
H
√
¤
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v) Subsidiaries and/or Joint Ventures
vi) E
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U
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U
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E
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P
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vi) Others (Mutual Fund, CP, CD, etc.)
H
—
F
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F
X
;
F
/ SUB-TOTAL :
II.
II.
⁄
F
F
fi
∂
F
=
W+
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F
F
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fi
P
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F
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F
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F
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ı
F
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+
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F
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Investments outside India (Gross)
f
F
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F
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F
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F
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F
A
F
ı
F
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F
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F
F
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F
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Ë
F
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F
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)
i)
i)
Government Securities (including local authorities)
ii)
ii)
P
Ê
F
º
WË
F
X
k¤
F
Wk ı
F
F̆
‹
F
=
+
J
Ê
F
k/‹
F
F
ı
F
k‹
F
]É ∂
F
H
√
¤
F
Subsidiaries and/or Joint Ventures abroad
iii) E
Œ
‹
F
P
Œ
F
Ê
F
WË
F
iii) Other investments
H
—
F
‹
F
X
;
F
/ SUB-TOTAL :
=
]+
·
F
(IE
Z
fi
II ) / TOTAL ( I & II )
111
2012-13
E
Œ
F
]ı
F
[ò F
U
9 / SCHEDULE 9
E
P
;
F
e¤
F
(` ˘
r°
F
F
fi
¤
F
Wk)
(` in thousand)
ADVANCES
31.03.2013 =
+
X
As on 31.03.2013
31.03.2012 =
+
X
As on 31.03.2012
1674,84,06
2085,47,54
ii) Œ
F
=
+
º
U
K
+
µ
F
E
X
Ê
F
fi
∞
dF
ÿ
©
J
Ê
F
k¤
F
F
c;
F
—
F
fi
òF
]=
+
Z
∂
F
U
‹
F
X
;
‹
F
K
+
µ
F
ii) Cash Credits, Overdrafts and Loans repayable on demand
19043,70,03
17393,24,91
iii) ¤
F
U
‹
F
F
º
U
K
+
µ
F
iii) Term Loans
48190,12,12
43564,56,93
68908,66,21
63043,29,38
57582,70,74
48765,45,03
ii) Ÿ
F
Yk=
+
/ı
F
fi
=
+
F
fi
U
;
F
F
fi
kP
©
‹
F
X
k¬
F
fi
F
ı
F
]fi
P
áF
∂
F
ii) Covered by Bank / Government Guarantees
2189,21,69
1976,08,51
iii) ;
F
Yfi
°
F
¤
F
F
Œ
F
∂
F
U
iii) Unsecured
9136,73,78
12301,75,84
68908,66,21
63043,29,38
25147,58,28
22158,59,97
6947,85,07
5233,47,34
898,14,06
3,67,01
35915,08,80
35647,55,06
68908,66,21
63043,29,38
Due from Banks
–
–
ii) E
Œ
‹
F
ı
F
W“
F
—
∂
F
ii) Due from Others
–
–
–
–
–
–
–
–
–
–
68908,66,21
63043,29,38
=
+
. i) &
F
fi
U
º
WJ
Ê
F
k⁄
F
]Œ
F
F
J
;
F
J
P
Ÿ
F
·
F
A.
i)
&
F
. i)
B.
i)
Bills Purchased and Discounted
=
]+
·
F
/ TOTAL :
¤
F
[∂
F
aE
F
P
ı
∂
F
‹
F
X
k¬
F
fi
F
fi
P
áF
∂
F
(
Ÿ
F
Ŭ
K
+
µ
F
ı
F
kŸ
F
kÕ
F
U
E
P
;
F
e¤
F
ı
F
P
¤
¤
F
P
·
F
∂
F
)
Secured by tangible assets
(includes advances against Book Debt)
=
]+
·
F
/ TOTAL :
;
F
.
I. ⁄
F
F
fi
∂
F
¤
F
Wk E
P
;
F
e¤
F
C. I. Advances in India
i)
i)
“
F
ª
F
P
¤
F
=
+
∂
F
F
“
F
—
∂
F
áF
W∑
F
Priority Sector
ii) ı
F
F
Ê
F
a°
F
P
Œ
F
=
+
áF
W∑
F
ii) Public Sector
iii) Ÿ
F
Yk=
+
iii) Banks
iv) E
Œ
‹
F
iv) Others
H
—
F
‹
F
X
;
F
/ SUB-TOTAL :
II. ⁄
F
F
fi
∂
F
=
W+
Ÿ
F
F
˘
fi
E
P
;
F
e¤
F
II. Advances outside India
i)
i)
Ÿ
F
Yk=
+
X
kı
F
W“
F
—
∂
F
=
+
)&
F
fi
U
º
WJ
Ê
F
k⁄
F
]Œ
F
F
J
;
F
J
P
Ÿ
F
·
F
a) Bills Purchased and Discounted
&
F
)ı
F
¤
F
[P
˘
∂
F
K
+
µ
F
b) Syndicated Loans
;
F
)E
Œ
‹
F
c) Others
H
—
F
‹
F
X
;
F
/ SUB-TOTAL :
=
]+
·
F
(
IE
Z
fi
II)
/ TOTAL ( I & II )
112
Annual Report
E
Œ
F
]ı
F
[ò F
U
10 / SCHEDULE 10
E
òF
·
F
E
F
P
ı
∂
F
‹
F
F
c
(` ˘
r°
F
F
fi
¤
F
Wk)
FIXED ASSETS
(` in thousand)
31.03.2013 =
+
X
As on 31.03.2013
I.
I.
—
F
P
fi
ı
F
fi
(
—
F
©
h©
W—
F
fi
·
F
U
;
F
G
aı
F
P
˘
∂
F
)
786,37,69
786,36,63
–
–
19,80,25
5,62,44
806,17,94
791,99,07
(1,43,71)
(5,61,38)
(154,41,75)
(136,97,27)
650,32,48
649,40,42
36,28,87
13,28,30
—
F
[Ê
F
aÊ
F
∂
F
U
aÊ
F

F
a=
W+
31 ¤
F
F
òF
a=
+
U
·
F
F
;
F
∂
F
—
F
fi
At cost as on 31st March of preceding year
613,83,10
561,30,92
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
‹
F
X
;
F
/
Additions during the year
69,70,11
55,57,69
683,53,21
616,88,61
(7,58,06)
(3,05,51)
(521,25,15)
(481,68,20)
154,70,00
132,14,90
51,30,33
44,35,15
18,76,51
70,06,84
6,95,18
51,30,33
–
–
(54,33,01)
(41,13,85)
H
—
F
‹
F
X
;
F
/ SUB-TOTAL :
15,73,83
10,16,48
=
]+
·
F
(I+II+III+IV) / TOTAL ( I+II+III+IV )
857,05,18
805,00,10
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
—
F
]Œ
F
¤
F
[a·
‹
F
F
k=
+
Œ
F
/
Revaluation during the year
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
‹
F
X
;
F
/
Additions during the year
f
F
©
F
Ê
F
:
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
=
+
©
Z
P
∂
F
‹
F
F
c/
Less:Deductions during the year
P
∂
F
P
ª
F
∂
F
=
+
¤
F
[·
‹
F
A
F
ı
F
/
Depreciation to date
H
—
F
‹
F
X
;
F
/ SUB-TOTAL :
III.
III.
IV.
31.03.2012 =
+
X
As on 31.03.2012
Premises (Including Leasehold)
—
F
[Ê
F
aÊ
F
∂
F
U
aÊ
F

F
a=
W+
31 ¤
F
F
òF
a=
+
U
·
F
F
;
F
∂
F
—
F
fi
—
F
]Œ
F
¤
F
[a·
‹
F
F
kP
=
+
∂
F
At cost/revalued as on 31st March of preceding year
II.
II.
2012-13
—
F
[k°
F
U
;
F
∂
F
=
+
F
‹
F
a“
;
F
P
∂
F
—
F
fi
Capital Work-in-Progress
E
Œ
‹
F
E
òF
·
F
E
F
P
ı
∂
F
‹
F
F
c (◊
+
Œ
F
U
aò F
fi
E
Z
fi
P
◊
+
Éı
F
òF
fi
ı
F
P
˘
∂
F
)
Other Fixed Assets (including Furniture & Fixture)
f
F
©
F
Ê
F
:
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
=
+
©
Z
P
∂
F
‹
F
F
c/
Less:Deductions during the year
P
∂
F
P
ª
F
∂
F
=
+
¤
F
[·
‹
F
A
F
ı
F
/
Depreciation to date
H
—
F
‹
F
X
;
F
/ SUB-TOTAL :
E
¤
F
[∂
F
aE
F
P
ı
∂
F
‹
F
F
c
Intangible Assets
ı
F
F
gÿ
©
Ê
F
W‹
F
fi
Software
—
F
[Ê
F
aÊ
F
∂
F
U
aÊ
F

F
a=
W+
31¤
F
F
òF
a=
+
U
·
F
F
;
F
∂
F
—
F
fi
At cost as on 31st March of preceding year
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
‹
F
X
;
F
Additions during the year
f
F
©
F
Ê
F
:
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
=
+
©
Z
P
∂
F
‹
F
F
c
Less: Deductions during the year
E
F
°
F
∂
F
=
+
K
+
µ
F
—
F
P
fi
Ë
F
X
Õ
F
Œ
F
Amortisation to date
113
2012-13
E
Œ
F
]ı
F
[ò F
U
11 / SCHEDULE 11
E
Œ
‹
F
E
F
P
ı
∂
F
‹
F
F
c
(` ˘
r°
F
F
fi
¤
F
Wk)
OTHER ASSETS
(` in thousand)
31.03.2013 =
+
X
As on 31.03.2013
I.
E
k∂
F
fi
=
+
F
‹
F
F
a·
F
‹
F
ı
F
¤
F
F
‹
F
X
°
F
Œ
F
(
Ë
F
] )
I.
Inter-Office Adjustments (net)
II.
H
—
F
P
òF
∂
F
Ÿ
‹
F
F
°
F
II.
Interest accrued
III.
E
P
;
F
e¤
F
‡
—
F
¤
F
Wk “
º
∏
F
=
+
fi
/ F̂
X
∂
F
—
F
fi
=
+
F
©
F
;
F
‹
F
F
=
+
fi
(
Ë
F
] )
III.
Tax Paid in advance/Tax deducted at source (Net)
IV.
·
F
W&
F
Œ
F
ı
F
F
¤
F
;
F
eU
J
Ê
F
kı
©
F
¤
—
F
IV.
Stationery and Stamps
V.
º
F
Ê
F
X
k=
+
U
ı
F
k∂
F
]P
Ò
¤
F
Wk E
P
°
F
a∂
F
;
F
Yfi
Ÿ
F
YP
=
k+
;
F
E
F
P
ı
∂
F
‹
F
F
c
V.
Non-banking assets acquired in satisfaction of claims
VI.
E
F
ı
ª
F
P
;
F
∂
F
=
+
fi
E
F
P
ı
∂
F
‹
F
F
c(
Ë
F
] )
VI.
Deferred Tax Assets (Net)
VII.
E
Œ
‹
F
VII.
Others
=
]+
·
F
/ TOTAL
114
31.03.2012 =
+
X
As on 31.03.2012
–
–
788,16,73
640,51,73
733,63,55
583,58,81
5,60,42
4,23,82
–
–
118,95,00
9,57,00
751,08,23
588,13,68
2397,43,93
1826,05,04
Annual Report
2012-13
E
Œ
F
]ı
F
[ò F
U
12 / SCHEDULE 12
E
F
=
+
P
ı
¤
F
=
+
º
W‹
F
∂
F
F
J
k
(` ˘
r°
F
F
fi
¤
F
Wk)
CONTINGENT LIABILITIES
(` in thousand)
31.03.2013 =
+
X 31.03.2012 =
+
X
As on 31.03.2013
As on 31.03.2012
Ÿ
F
Yk=
+
—
F
fi
º
F
Ê
F
W,
P
°
F
Œ
˘
Wk ‹
F
˘
=
+
°
F
aŒ
F
Ŭ
k¤
F
F
Œ
F
∂
F
F
I.
I.
Claims against the bank not acknowledged as debts
II.
II.
Liability for partly paid investments
III.
III.
Liability on account of outstanding forward exchange contracts
IV.
IV.
Guarantees given on behalf of constituents (net of cash margin) :
5,51,12
5,54,32
44,32,63
23,11,55
7180,52,37
5684,35,82
3810,58,91
2981,18,57
124,78,49
562,92,93
4,77,18
4,78,87
1908,24,82
2674,84,26
58,91,86
60,79,85
13137,67,38
11997,56,17
E
F
kP
Ë
F
=
+
⁄
F
];
F
∂
F
F
Œ
F
P
=
+
J
;
F
J
P
Œ
F
Ê
F
WË
F
X
k˘
W∂
F
]º
W‹
F
∂
F
F
Ê
F
F
‹
F
º
F
P
Ê
F
P
Œ
F
¤
F
‹
F
=
+
fi
F
fi
X
k=
W+
=
+
F
fi
µ
F
º
W‹
F
∂
F
F
f
F
©
=
+
X
k=
+
U
E
X
fi
ı
F
Wº
U
;
F
G
a;
F
F
fi
kP
©
‹
F
F
c(
Œ
F
=
+
º
U
¤
F
F
P
°
F
aŒ
F
=
+
F
Ë
F
] )
=
+
)
⁄
F
F
fi
∂
F
¤
F
Wk
a)
In India
&
F
)
⁄
F
F
fi
∂
F
=
W+
Ÿ
F
F
˘
fi
b)
Outside India
;
F
)
Ÿ
F
Yk=
+
;
F
F
fi
k©
U
·
F
F
;
F
[P
=
+
Œ
∂
F
]E
“
º
∏
F
(
⁄
F
F
fi
∂
F
¤
F
Wk)
c)
V.
BG invoked but not paid (in India)
ı
Ê
F
U
=
_+
P
∂
F
‹
F
F
c,
—
F
fi
F
k=
+
Œ
F
J
Ê
F
kE
Œ
‹
F
º
F
P
‹
F
∂
Ê
F
(
Œ
F
=
+
º
U
¤
F
F
P
°
F
aŒ
F
=
+
F
Ë
F
] )
Acceptances, endorsements and other obligations (net of cash margin)
VI.
E
Œ
‹
F
¤
F
º
Wk,
P
°
F
Œ
F
=
W+
P
·
F
J
Ÿ
F
Yk=
+
E
F
=
+
P
ı
¤
F
=
+
‡
—
F
ı
F
WP
°
F
¤
¤
F
Wº
F
fi
˘
Y
Other items for which the Bank is contingently liable
=
]+
·
F
/ TOTAL :
115
2012-13
31
¤
F
F
òF
a 2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a=
+
F
·
F
F
⁄
F
-̆
F
P
Œ
F
·
F
W&
F
F
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2013
(` ˘
r°
F
F
fi
¤
F
Wk)
(` in thousand)
E
Œ
F
]ı
F
[ò F
U
Schedule
I.
I.
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year Ended
31.03.2013
E
F
‹
F
INCOME
E
P
°
F
a∂
F
Ÿ
‹
F
F
°
F
E
Œ
‹
F
E
F
‹
F
13
9251,49,15
7961,09,31
Other Income
14
1066,56,55
732,90,39
10318,05,70
8693,99,70
15
6764,22,86
5481,85,59
16
1503,91,52
1383,29,74
1658,00,90
1196,31,35
9926,15,28
8061,46,68
391,90,42
632,53,02
391,90,42
632,53,02
=
]+
·
F
/ TOTAL :
II.
II.
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year Ended
31.03.2012
Ê
‹
F
‹
F
EXPENDITURE
&
F
òF
aC
E
F
Ÿ
‹
F
F
°
F
Interest Expended
—
F
P
fi
òF
F
·
F
Œ
F
;
F
∂
F
Ê
‹
F
‹
F
Operating Expenses
“
F
Ê
F
Õ
F
F
Œ
F
J
Ê
F
kE
F
=
+
P
ı
¤
F
=
+
∂
F
F
J
k
Provisions and Contingencies
=
]+
·
F
/ TOTAL :
III. ·
F
F
⁄
F
III. PROFIT
G
ı
F
Ê
F

F
aË
F
] ·
F
F
⁄
F
Net Profit for the year
=
]+
·
F
/ TOTAL :
Í
F
U
¤
F
∂
F
U
E
òF
aŒ
F
F
⁄
F
F
;
F
aÊ
F
ı
F
kº
U
—
F
=
]+
¤
F
F
fi
Í
F
U
¤
F
∂
F
U
ı
F
]fi
W&
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Deepak Narang
Hiranya Bora
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Sanjay Arya
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Vikas S. Khutwad
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Executive Director
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General Manager
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116
Annual Report
31
2012-13
¤
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F
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a 2013 =
+
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ı
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Schedule
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P
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P
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IV.
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ı
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Transfer to Revenue Reserve
Year Ended
31.03.2013
Year Ended
31.03.2012
97,97,61
158,13,25
13,04,80
4,87,13
78,68,85
86,63,98
68,00,00
76,00,00
24,92,97
26,38,42
109,26,19
280,50,24
–
–
391,90,42
632,53,02
8,64
15.79
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(CA Rajiv Panja)
(CA Alok Kumar Premrajka)
(CA Maneesh Choudhury)
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(CA Rohitashwa RC Agrawal)
(CA Sanjeev Kwatra)
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F
F
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F
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F
F
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F
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F
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F
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090130
Membership No. 057393
Membership No. 076263
Membership No. 069596
Membership No. 065286
Membership No. 408904
Membership No. 090130
P
º
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F
F
k=
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:
14.05.2013
ı
ª
F
F
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F
:
=
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X
·
F
=
+
F
∂
F
F
Date : 14.05.2013
Place : Kolkata
117
2012-13
E
Œ
F
]ı
F
[ò F
U
13 / SCHEDULE 13
E
P
°
F
a∂
F
Ÿ
‹
F
F
°
F
(` ˘
r°
F
F
fi
¤
F
Wk)
INTEREST EARNED
(` in thousand)
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a 31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
I.
E
P
;
F
e¤
F
X
k/P
Ÿ
F
·
F
X
k—
F
fi
Ÿ
‹
F
F
°
F
/Ÿ
F
™
F
I.
Interest / Discount on Advances/Bills
II.
P
Œ
F
Ê
F
WË
F
—
F
fi
E
F
‹
F
II.
Income on Investments
III.
⁄
F
F
fi
∂
F
U
‹
F
P
fi
r°
F
Ê
F
aŸ
F
Yk=
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F
¤
F
F
fi
F
P
Ë
F
—
F
fi
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F
ª
F
F
E
Œ
‹
F
E
k∂
F
fi
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F
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+
P
Œ
F
P
Õ
F
‹
F
X
k—
F
fi
Ÿ
‹
F
F
°
F
III.
Interest on balances with Reserve Bank of
India and other Inter-Bank Funds
IV.
E
Œ
‹
F
IV.
Others
=
]+
·
F
/ TOTAL
:
118
Year Ended
Year Ended
31.03.2013
31.03.2012
6899,27,50
6033,65,48
2259,30,65
1878,37,14
63,48,69
15,54,06
29,42,31
33,52,63
9251,49,15
7961,09,31
Annual Report
2012-13
E
Œ
F
]ı
F
[ò F
U
14 / SCHEDULE 14
E
Œ
‹
F
E
F
‹
F
(` ˘
r°
F
F
fi
¤
F
Wk)
OTHER INCOME
(` in thousand)
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a 31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
I.
=
+
¤
F
U
Ë
F
Œ
F
,
P
Ê
F
P
Œ
F
¤
F
‹
F
E
Z
fi
º
·
F
F
·
F
U
I.
Commission, Exchange and Brokerage
II.
P
Œ
F
Ê
F
WË
F
X
k=
W+
P
Ê
F
=
e+
‹
F
—
F
fi
·
F
F
⁄
F
f
F
©
F
Ê
F
:
P
Œ
F
Ê
F
WË
F
X
k=
W+
P
Ê
F
=
e+
‹
F
—
F
fi
F̆
P
Œ
F
II.
Profit on sale of Investments
Less : Loss on sale of Investments
III.
Year Ended
Year Ended
31.03.2013
31.03.2012
195,07,53
182,96,32
467,11,24
217,51,70
-
-
-
-
-
-
P
Œ
F
Ê
F
WË
F
X
k=
W+
—
F
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F
¤
F
[a·
‹
F
F
k=
+
Œ
F
—
F
fi
·
F
F
⁄
F
f
F
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F
Ê
F
:
P
Œ
F
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F
WË
F
X
k=
W+
—
F
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F
¤
F
[a·
‹
F
F
k=
+
Œ
F
—
F
fi
F̆
P
Œ
F
III. Profit on revaluation of Investments
Less : Loss on revaluation of Investments
IV.
°
F
¤
F
U
Œ
F
,
⁄
F
Ê
F
Œ
F
E
Z
fi
E
Œ
‹
F
E
F
P
ı
∂
F
‹
F
X
k=
W+
P
Ê
F
=
e+
‹
F
ı
F
W·
F
F
⁄
F
f
F
©
F
Ê
F
:
°
F
¤
F
U
Œ
F
,
⁄
F
Ê
F
Œ
F
E
Z
fi
E
Œ
‹
F
E
F
P
ı
∂
F
‹
F
X
k=
W+
P
Ê
F
=
e+
‹
F
ı
F
W F̆
P
Œ
F
IV.
Profit on sale of land, buildings and other assets
1,08,42
8,82
Less : Loss on sale of land, buildings and other assets
(16,20)
(3,49)
107,97,56
56,87,78
-
-
-
-
295,48,00
275,49,26
1066,56,55
732,90,39
V.
P
Ê
F
P
Œ
F
¤
F
‹
F
·
F
WŒ
F
º
WŒ
F
—
F
fi
·
F
F
⁄
F
f
F
©
F
Ê
F
:
P
Ê
F
P
Œ
F
¤
F
‹
F
·
F
WŒ
F
º
WŒ
F
—
F
fi
F̆
P
Œ
F
V.
Profit on exchange transactions
Less : Loss on exchange transactions
VI.
⁄
F
F
fi
∂
F
¤
F
Wk/⁄
F
F
fi
∂
F
=
W+
Ÿ
F
F
˘
fi
E
Œ
F
]
F
k;
F
U
=
k+
—
F
P
Œ
F
‹
F
X
kE
Z
fi
/‹
F
F
ı
F
k‹
F
]É ∂
F
H
√
¤
F
X
k
ı
F
W·
F
F
⁄
F
F
kË
F
E
F
P
º
¬
F
fi
F
E
P
°
F
a∂
F
E
F
‹
F
VI. Income earned by way of dividend etc., from subsidiaries,
companies and/or joint ventures abroad/in India
VII.
P
Ê
F
P
Ê
F
Õ
F
E
F
‹
F
VII. Miscellaneous Income
=
]+
·
F
/ TOTAL :
119
2012-13
E
Œ
F
]ı
F
[ò F
U
15 / SCHEDULE 15
Ê
‹
F
‹
F
P
=
+
J
;
F
J
Ÿ
‹
F
F
°
F
(` ˘
r°
F
F
fi
¤
F
Wk)
INTEREST EXPENDED
(` in thousand)
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a 31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year Ended
Year Ended
I.
°
F
¤
F
F
fi
F
P
Ë
F
‹
F
X
k—
F
fi
Ÿ
‹
F
F
°
F
I.
Interest on Deposits
II.
⁄
F
F
fi
∂
F
U
‹
F
P
fi
°
F
Ê
F
aŸ
F
Yk=
+
/E
k∂
F
fi
Ÿ
F
Yk=
+
H
Õ
F
F
fi
—
F
fi
Ÿ
‹
F
F
°
F
II.
Interest on Reserve Bank of India/inter-Bank borrowings
III.
E
Œ
‹
F
III. Others
=
]+
·
F
/ TOTAL :
120
31.03.2013
31.03.2012
6231,07,51
5100,64,39
149,69,14
83,90,60
383,46,21
297,30,60
6764,22,86
5481,85,59
Annual Report
2012-13
E
Œ
F
]ı
F
[ò F
U
16 / SCHEDULE 16
—
F
P
fi
òF
F
·
F
Œ
F
;
F
∂
F
Ê
‹
F
‹
F
(` ˘
r°
F
F
fi
¤
F
Wk)
(` in thousand)
OPERATING EXPENSES
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a 31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year Ended
Year Ended
31.03.2013
31.03.2012
=
+
¤
F
aò F
F
P
fi
‹
F
X
k=
+
X
⁄
F
];
F
∂
F
F
Œ
F
E
Z
fi
H
Œ
F
=
W+
P
·
F
J
“
F
Ê
F
Õ
F
F
Œ
F
I.
I.
Payments to and Provisions for Employees
II.
II.
932,51,84
891,18,55
Rent, Taxes and Lighting
109,23,69
93,78,32
III. ¤
F
]Ω
µ
F
J
Ê
F
k·
F
W&
F
Œ
F
ı
F
F
¤
F
;
F
eU
III. Printing and Stationery
23,44,90
25,55,01
14,38,82
7,06,86
77,29,08
(16,47,03)
60,82,05
86,68,64
(16,99,30)
69,69,34
1,64,49
1,03,41
13,19,29
10,68,98
5,01,13
2,69,81
18,27,14
17,48,77
15,58,38
10,80,52
82,16,30
72,53,76
227,63,49
180,76,41
1503,91,52
1383,29,74
IV.
IV.
P
=
+
fi
F
‹
F
F
,
=
+
fi
J
Ê
F
kP
Ÿ
F
°
F
·
F
U
P
Ê
F
£
F
F
—
F
Œ
F
J
Ê
F
k“
òF
F
fi
Advertisement and Publicity
V.
Ÿ
F
Yk=
+
=
+
U
ı
F
k—
F
P
∏
F
—
F
fi
¤
F
[·
‹
F
A
F
ı
F
f
F
©
F
Ê
F
:
—
F
]Œ
F
¤
F
[k·
‹
F
F
k=
+
Œ
F
E
F
fi
P
áF
∂
F
ı
F
WE
k∂
F
fi
µ
F
V.
Depreciation on Bank's property
Less : Transfer from Revaluation Reserve
VI. P
Œ
F
º
WË
F
=
+
X
k=
+
U
◊
+
U
ı
F
,
⁄
F
∏
F
WJ
Ê
F
kÊ
‹
F
‹
F
VI. Directors' fees, allowances and expenses
VII.
·
F
W&
F
F
—
F
fi
U
áF
=
+
X
k=
+
U
◊
+
U
ı
F
J
Ê
F
kÊ
‹
F
‹
F
(
Ë
F
F
&
F
F
=
W+
·
F
W&
F
F
—
F
fi
U
áF
=
+
X
k=
+
U
◊
+
U
ı
F
J
Ê
F
kÊ
‹
F
‹
F
ı
F
P
˘
∂
F
)
VII. Auditors' fees and expenses
(including branch auditors' fees and expenses)
VIII. P
Ê
F
P
Õ
F
“
⁄
F
F
fi
VIII. Law Charges
IX. ∞
F
=
+
Ê
‹
F
‹
F
,
∂
F
F
fi
©
W·
F
U
◊
+
X
Œ
F
E
F
P
º
IX. Postage, Telegrams, Telephones etc.
X.
X.
¤
F
fi
¤
¤
F
∂
F
E
Z
fi
fi
&
F
fi
&
F
F
Ê
F
Repairs and Maintenance
XI. Ÿ
F
U
¤
F
F
XI. Insurance
XII. E
Œ
‹
F
Ê
‹
F
‹
F
XII. Other Expenditure
=
]+
·
F
/ TOTAL :
121
2012-13
E
Œ
F
]ı
F
[ò F
U
17
31
1.
2.
3.
3.1
3.2
3.3
3.4
3.5
4.
4.1
SCHEDULE 17
¤
F
F
òF
a,
2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a=
+
U
¤
F
]&
‹
F
·
F
W&
F
F
Œ
F
U
P
∂
F
‹
F
F
c
P
Ê
F
∏
F
U
‹
F
P
Ê
F
Ê
F
fi
µ
F
∂
F
Y‹
F
F
fi
=
+
fi
Œ
F
W=
+
F
E
F
Õ
F
F
fi
SIGNIFICANT ACCOUNTING POLICIES
FOR THE YEAR ENDED 31st MARCH, 2013
1.
BASIS OF PREPARATION OF
STATEMENTS
FINANCIAL
ı
F
k·
F
;
Œ
F
P
Ê
F
∏
F
U
‹
F
P
Ê
F
Ê
F
fi
P
µ
F
‹
F
F
c—
F
fi
¤
—
F
fi
F
;
F
∂
F
·
F
F
;
F
∂
F
=
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E
F
Õ
F
F
fi
—
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fi
∂
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Y‹
F
F
fi
=
+
U
;
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G
a˘
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E
Z
fi
E
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ª
F
F
H
·
·
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P
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C
J
=
+
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ö X
∞
s=
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fi
,
F
F
⁄
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=
+
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fi
U
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+
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fi
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Ÿ
F
F
fi
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F
F
·
F
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ı
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kı
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F
F
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F
+
U
E
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F
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F
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fi
µ
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F
=
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E
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F
]‡
—
F
E
Z
fi
⁄
F
F
fi
∂
F
¤
F
Wk ı
F
F
¤
F
F
Œ
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F
∂
F
:
ı
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F
U
=
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·
F
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F
F
—
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P
fi
—
F
F
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U
,
·
F
F
;
F
[ı
F
F
kP
Ê
F
P
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F
=
+
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F
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F
X
k,
⁄
F
F
fi
∂
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U
‹
F
P
fi
r°
F
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F
aŸ
F
Yk=
+
¬
F
fi
F
P
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F
Õ
F
F
aP
fi
∂
F
P
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F
‹
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¤
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=
+
¤
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F
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k∞
X
k,
⁄
F
F
fi
∂
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U
‹
F
ı
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F
º
U
·
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W&
F
F
=
+
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fi
ı
F
kı
ª
F
F
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F
(
E
F
G
aı
F
U
J
E
F
G
a)
¬
F
fi
F°
F
F
fi
U
“
‹
F
X
°
‹
FE
P
Õ
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º
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F
F
∂
¤
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=
+·
F
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F
F¤
F
F
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F
=
+
X
k (
J
J
ı
F
)
/¤
F
F
;
F
aº
Ë
F
U
a
Œ
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X
©
X
k/H
º
hf
F
X

F
µ
F
F
E
X
kE
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fi
Ÿ
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YkP
=
k+
;
F
H
√
X
;
F
¤
F
Wk P
Ê
F
√
F
¤
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F
Œ
F
òF
·
F
Œ
F
=
W+
E
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]‡
—
F
˘
Yó
The accompanying financial statements are prepared on
historical cost basis, except as otherwise stated, following
the “Going Concern” concept and conform to the generally
accepted accounting practices in India, applicable statutory
provisions, regulatory norms prescribed by the Reserve
Bank of India (RBI), applicable mandatory Accounting
Standards (AS) / Guidance Notes / pronouncements issued
by the Institute of Chartered Accountants of India (ICAI)
and prevailing practices in the banking industry.
2.
“
F
É=
+
·
F
Œ
F
=
+
F
H
—
F
‹
F
X
;
F
P
Ê
F
∏
F
U
‹
F
P
Ê
F
Ê
F
fi
µ
F
∂
F
Y‹
F
F
fi
=
+
fi
Œ
F
W=
W+
P
·
F
J
P
Ê
F
∏
F
U
‹
F
P
Ê
F
Ê
F
fi
µ
F
X
k=
+
U
P
∂
F
P
ª
F
∂
F
=
+
P
fi
—
F
X
©
a
=
+
U
;
F
G
aE
F
P
ı
∂
F
J
Ê
F
kº
W‹
F
∂
F
F
E
X
k∂
F
ª
F
F
P
fi
—
F
X
P
©
b;
F
E
Ê
F
P
Õ
F
=
W+
E
F
‹
F
Ê
‹
F
‹
F
—
F
fi
P
Ê
F
òF
F
fi
=
+
fi
Œ
F
W=
W+
H
«
WË
‹
F
ı
F
W“
Ÿ
F
kÕ
F
Œ
F
=
+
X
“
F
É=
+
·
F
Œ
F
J
Ê
F
kE
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F
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F
F
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F
=
+
fi
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F
FX̆
∂
F
F
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Ÿ
F
kÕ
F
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F
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F
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F
¤
F
§
F
∂
F
F
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=
+
P
Ê
F
∏
F
U
‹
F
P
Ê
F
Ê
F
fi
µ
F
∂
F
Y‹
F
F
fi
=
+
fi
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F
W¤
F
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‹
F
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F
É=
+
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F
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F
P
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F
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F
W=
+
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F
[µ
F
aJ
Ê
F
k∂
F
=
a+
ı
F
¤
¤
F
∂
F
˘
Ykó
USE OF ESTIMATES
E
F
‹
F
E
Z
fi
Ê
‹
F
‹
F
P
Œ
F
Õ
F
F
afi
µ
F
3.
‹
F
P
º
E
Œ
‹
F
ª
F
F
H
·
·
F
W&
F
Œ
F
P
=
+
‹
F
F
;
F
‹
F
FX̆
∂
F
X
fi
F
°
F
ı
Ê
F
E
Z
fi
Ê
‹
F
‹
F
=
+
F
P
ı̆
F
F
Ÿ
F 3.1
H
—
F
òF
‹
F
=
W+
E
F
Õ
F
F
fi
—
F
fi
P
=
+
‹
F
F
;
F
‹
F
F
˘
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3.2
E
°
F
a=
+
E
F
P
ı
∂
F
‹
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X
k—
F
fi
E
F
‹
F
=
+
F
P
ı̆
F
F
Ÿ
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H
—
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=
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F
Õ
F
F
fi
—
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fi
P
=
+
‹
F
F
;
F
‹
F
F
˘
Y
E
Z
fi
E
Œ
F
°
F
a=
+
E
F
P
ı
∂
F
‹
F
X
k—
F
fi
Ê
F
ı
F
[·
F
U
=
W+
E
F
Õ
F
F
fi
—
F
fi
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó G
ı
F
Ê
F

F
a
Ê
F
ı
F
[·
F
U
C
G
a fi
F
P
Ë
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ª
F
¤
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F
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E
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F
¤
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F
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+
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F
P
ı
∂
F
‹
F
X
k —
F
fi
E
F
‹
F=
W+
‡
—
F¤
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Wk
P
Ê
F
P
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F
‹
F
X
P
°
F
∂
F
=
+
U
;
F
G
a˘
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kP
º
;
Õ
F
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kE
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fi
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U
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∂
F
ª
F
F
P
∞
=
e+
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kı
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G
aÊ
F
ı
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fi
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F
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F
‹
F
F
Ë
F
Wk
F
ı
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F
‡
—
F
P
Ê
F
P
Œ
F
‹
F
X
P
°
F
∂
F
P
=
+
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F
F
;
F
‹
F
F
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P
°
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P
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k—
F
fi
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F
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F
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F
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F
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F
U
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F
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k X̆
ı
F
=
+
U
E
Z
fi
P
°
F
Œ
˘
Wk E
Œ
F
°
F
a=
+
E
F
P
ı
∂
F
=
W+ 3.3
‡
—
F
¤
F
WÊ
F
;
F
U
a=
_+
∂
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
YH
Œ
F
=
+
X
“
∂
‹
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F
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F
P
∂
F
a∂
F
=
+
fi
P
º
‹
F
F
;
F
‹
F
F
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=
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U
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ı
F
fi
=
+
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fi
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F
º
WŒ
F
J
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F
kŸ
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Yk=
+
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X
fi
WkË
F
=
+
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ö X
∞
s=
+
fi
)
P
Ê
F
P
Œ
F
¤
F
‹
F
, 3.4
º
·
F
F
·
F
U
,
º
F
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F
F
,
·
F
F
g=
+
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P
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+
fi
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F
E
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fi
Ë
F
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F
fi
X
k—
F
fi
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F
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F
F
kË
F
ı
F
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F
—
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F
E
F
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F
=
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P
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F
F
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F
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F
=
+
º
E
F
Õ
F
F
fi
—
F
fi
P
=
+
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F
F
;
F
‹
F
F
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Yó
—
F
[µ
F
a=
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F
P
·
F
=
+
P
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F
º
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F
=
+
X
k=
W+
=
+
F
‹
F
aP
Œ
F

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F
F
º
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F
ı
F
W°
F
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X
∂
ı
F
F
Œ̆
F
fi
F
P
Ë
F
=
+
X
⁄
F
U 3.5
Œ
F
=
+
º
E
F
Õ
F
F
fi
—
F
fi
P
ı̆
F
F
Ÿ
F
¤
F
Wk P
·
F
‹
F
F
;
F
‹
F
F
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Yó
4.
P
Ê
F
º
WË
F
U
¤
F
]Ω
F
·
F
WŒ
F
º
WŒ
F
Ÿ
F
=
+
F
‹
F
F
Ê
F
F
‹
F
º
F
P
Ê
F
P
Œ
F
¤
F
‹
F
ı
F
kP
Ê
F
º
F
E
X
k=
+
X
ö X
∞
s=
+
fi
“
∂
‹
F
W=
+
¤
F
]Ω
F
¤
F
Wk ¤
F
Z
P
Ω
=
+
4.1.
E
F
P
ı
∂
F
‹
F
X
kE
Z
fi
º
W‹
F
∂
F
F
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F
122
The preparation of financial statements requires the
management to make estimates and assumptions for
considering in the reported assets and liabilities (including
contingent liabilities) as on the date of financial statements
and the income and expenses for the reporting period.
Management believes that the estimates used in the
preparation of the financial statements are prudent and
reasonable.
RECOGNITION OF INCOME AND EXPENDITURE
The Revenues and Expenses are accounted for on accrual
basis unless otherwise stated.
Income from Performing Assets is recognized on accrual
basis and income from Non-Performing Assets (NPAs) is
accounted for on realization. The amount realized /
recovered during the year is appropriated first to income on
Sub-standard Assets. Amounts realized /recovered in
Doubtful and Loss Assets and Suit Filed and Decreed
Accounts are first appropriated against outstanding
balances.
Unrealized income on advances, classified as NPA, is
reversed.
Income from Commission (except on Government Transactions
and Bancassurance), exchange, brokerage, claims, locker
rent and dividend on shares are accounted for on cash basis.
Performance linked incentive to whole time directors is
accounted for on cash basis.
T R A N S A C T I O N S I N V O LV I N G F O R E I G N
EXCHANGE
Monetary Assets and Liabilities, excluding outstanding
Forward Exchange Contracts in each currency, are revalued
at the Balance Sheet date at closing spot rates announced by
the Foreign Exchange Dealers Association of India
(FEDAI). Outstanding forward exchange contracts are
Annual Report
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4.2
4.3
4.4
4.5
4.6
5.
5.1
5.2
5.3
2012-13
revalued at the forward rates announced by FEDAI. The
difference between the revalued amount and the contracted
amount is recognized as profit or loss, as the case may be.
4.2. Income and expenditure items are recorded at the exchange
rates prevailing on the date of transaction.
E
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4.3.
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1949 =
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5.3
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123
Acceptances, endorsements and other obligations including
guarantees are carried at the closing spot rates announced
by FEDAI.
Representative Office of the Bank has been classified as
‘Integral Foreign Operation’ in accordance with AS-11 on
“The Effects of Changes in Foreign Exchange Rates”.
Foreign currency transactions relating to ‘Integral Foreign
Operation’ are recorded on initial recognition in the
reporting currency by applying to the foreign currency
amount, the exchange rate between the reporting currency
and the foreign currency on the date of transaction.
Foreign currency non-monetary items that are carried in
terms of historical costs are reported using the exchange
rates on the dates of transactions.
INVESTMENTS
For the purpose of disclosure in the Financial Statements,
the investments are classified into six categories as
stipulated in Form A of the third schedule to the Banking
Regulation Act, 1949 as under:
a)
b)
c)
d)
e)
f)
Government Securities
Other approved securities
Shares
Debentures and Bonds
Subsidiaries/Joint Ventures
Others
The Investment portfolio of the Bank is categorized, in
accordance with the RBI guidelines, into:
a)
b)
c)
“Held to Maturity” comprising Investments acquired
with an intention to hold till maturity;
“Held for Trading” comprising Investments acquired
with an intention to trade;
“Available for Sale” comprising Investments not
covered by (a) and (b) above.
In determining acquisition cost of an investment:
(a) Brokerage, Commission and Incentives received on
subscription to securities, are deducted from the cost of
securities;
(b) Brokerage, Commission etc. paid in connection with
acquisition of securities are treated as revenue
expenses;
(c) Interest accrued upto the date of acquisition/ sale of
securities i.e., broken period interest is credited/
charged to Profit and Loss Account.
2012-13
5.4 P
Œ
F
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k=
+
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k=
+
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⁄
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fi
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U
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fi
r°
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aŸ
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fi
∂
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F
°
F
F
fi
∂
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ª
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F
∞
WP
fi
Ê
F
WP
©
Ê
ı
F 5.4. Investments are valued as per RBI/ Fixed Income Money
Market & Derivatives Association (FIMMDA) guidelines,
J
Ë
F
X
P
ı
F
J
ı
F
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F
(
J
◊
+
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)
=
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F
;
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aº
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ı
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k=
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F
fi
G
ı
F
“
=
+
F
fi
P
=
+
‹
F
F
on the following basis:
;
F
‹
F
F
˘
Y:
=
+
)
—
F
P
fi
—
F
ÉÊ
F
∂
F
F
∂
F
=
+
Õ
F
F
P
fi
∂
F
(i)
—
F
P
fi
—
F
ÉÊ
F
∂
F
F
∂
F
=
+
Õ
F
F
P
fi
∂
F
Ê
F
;
F
a=
W+
E
k∂
F
;
F
a∂
F
P
Œ
F
Ê
F
WË
F
E
P
⁄
F
;
F
e µ̆
F
·
F
F
;
F
∂
F
—
F
fi
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó °
F
Ÿ
F
Ÿ
F
Ŭ
¤
F
[·
‹
F
E
kP
=
+
∂
F
¤
F
[·
‹
F
/“
P
∂
F
º
W‹
F
¤
F
[·
‹
F
ı
F
W
E
P
Õ
F
=
+X̆
∂
F
F
˘
Y∂
F
X
P
“
P
¤
F
‹
F
¤
F
=
+
X
—
F
P
fi
—
F
ÉÊ
F
∂
F
F
=
+
U
Ë
F
W
F
E
Ê
F
P
Õ
F
—
F
fi
—
F
P
fi
Ë
F
X
P
Õ
F
∂
F
=
+
fi
P
º
‹
F
F
°
F
F
∂
F
F
˘
Yó
(ii)
;
F
eF
¤
F
U
µ
F
E
F
Õ
F
F
fi
⁄
F
[∂
F
P
Ê
F
=
+
F
ı
F
P
Œ
F
P
Õ
F
,
E
·
—
F
=
+
F
·
F
U
Œ
F
ı
F
˘
=
+
F
fi
U
;
F
eF
¤
F
U
µ
F
—
F
]Œ
F
:
P
Ê
F
∏
F
P
Œ
F
P
Õ
F
,
¤
F
Õ
‹
F
¤
F
·
F
f
F
]¤
F
F
G
=
e+
X
H
√
¤
F
—
F
]Œ
F
:
P
Ê
F
∏
F
P
Œ
F
P
Õ
F
,
⁄
F
F
fi
∂
F
U
‹
F
·
F
f
F
]H
√
X
;
F
P
Ê
F
=
+
F
ı
F
Ÿ
F
Yk=
+
P
·
F
.
,
;
F
eF
¤
F
U
µ
F
E
F
Ê
F
F
ı
F
P
Ê
F
=
+
F
ı
F
P
Œ
F
P
Õ
F
,
fi
F
Ò
dU
‹
F
E
F
Ê
F
F
ı
F
Ÿ
F
Yk=
+
P
·
F
.
¤
F
F
G
=
e+
X
◊
+
F
G
Œ
F
WŒ
ı
F
P
Ê
F
=
+
F
ı
F
J
Ê
F
kG
P
ÉÊ
F
©
U
P
Œ
F
P
Õ
F
,
Œ
F
F
Ÿ
F
F
∞
a¤
F
kW (
Ë
F
‹
WF
fi
=
+
W‡
—
F
¤
F
kW Ê
F
;
F
U
=
a+
_∂
F
)
¤
F
kW P
=
+
J
;
F
J
P
Œ
F
Ê
F
Ë
WF
X
k=
+
F
¤
F
[·
‹
F
F
k=
+
Œ
F
Ê
F
Œ̆
F
·
F
F
;
F
∂
F
=
W+
E
F
Õ
F
F
fi
—
F
fi
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
(iii)
“
F
‹
F
X
P
°
F
∂
F
áF
W∑
F
U
‹
F
;
F
eF
¤
F
U
µ
F
Ÿ
F
Yk=
+
X
k¤
F
Wk P
=
+
J
;
F
J
P
Œ
F
Ê
F
WË
F
=
+
F
¤
F
[·
‹
F
F
k=
+
Œ
F
Ê
F
Œ̆
F
·
F
F
;
F
∂
F
=
W+
E
F
Õ
F
F
fi
—
F
fi
P
=
+
‹
F
F
°
F
F
∂
F
F
˘
Yó
(iv)
a)
“Held to Maturity” (HTM)
I)
Investments under “HTM” category are carried at
acquisition cost. Wherever the book value is higher
than the face value/redemption value, the premium is
amortized over the remaining period to maturity.
ii)
Investments in Rural Infrastructure Development
Fund, Short Term Co-operative Rural Credit
Refinance Fund, Medium Small Micro Enterprise
Refinance Fund – Small Industries Development Bank
of India Limited, Medium Small Micro Enterprise
Risk Capital Fund – Small Industries Development
Bank of India Limited, Rural Housing Development
Fund-National Housing Bank Limited, Micro Finance
Development and Equity Fund - National Agricultural
and Rural Development Bank Limited (classified as
shares) are valued at carrying cost.
iii) Investments in sponsored Regional Rural Banks are
valued at carrying cost.
H
√
¤
F
—
F
[k°
F
U
¤
F
Wk P
Œ
F
Ê
F
WË
F
=
+
F
¤
F
[·
‹
F
F
k=
+
Œ
F
Ê
F
Œ̆
F
·
F
F
;
F
∂
F
=
W+
E
F
Õ
F
F
fi
—
F
fi
P
=
+
‹
F
F
°
F
F
∂
F
F
˘
Yó
iv) Investments in venture capital is valued at carrying cost.
b)
&
F
)
“Ê
‹
F
F
—
F
F
fi
=
W+
P
·
F
J
Õ
F
F
P
fi
∂
F
”J
Ê
F
k “P
Ÿ
F
=
e+
U
=
W+
P
·
F
J
H
—
F
·
F
Ÿ
Õ
F
”
“Held for Trading” and “Available for Sale”
a) Govt. Securities
=
+ı
F
fi
=
+
F
fi
U
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k
J
◊
+
E
F
G
aJ
¤
F
J
¤
F
∞
U
J
¬
F
fi
F
1. Central Govt. Securities
1. =
W+
Œ
Ω
U
‹
F
ı
F
fi
=
+
F
fi
=
+
U
“
P
∂
F
⁄
F
[P
∂
F
‹
F
F
c “
=
+
F
P
Ë
F
∂
F
=
+
U
¤
F
∂
F
—
F
fi
ó
2. fi
F
°
‹
F
ı
F
fi
=
+
F
fi
=
+
U
“
P
∂
F
⁄
F
[P
∂
F
‹
F
F
c
J
◊
+
E
F
G
aJ
¤
F
J
¤
F
∞
U
J
⁄
F
F
.
P
fi
.
Ÿ
F
Yk=
+
=
W+
/
2. State Govt. Securities
P
º
Ë
F
F
P
Œ
F
º
WaË
F
E
Œ
F
]ı
F
F
fi
E
F
Õ
F
F
fi
“
P
∂
F
◊
+
·
F
Ê
F
=
e+
—
F
fi
H
—
F
‹
F
]É ∂
F
=
+
U
¤
F
∂
F
·
F
F
;
F
∂
F
E
k∂
F
fi
=
+
X
°
F
X
∞
s∂
F
WC
J
—
F
P
fi
—
F
ÉÊ
F
∂
F
F
“
P
∂
F
◊
+
·
F
=
W+
E
F
Õ
F
F
fi
—
F
fi
ó
&
FŸ
F
™
F
=
_+
∂
F
P
·
F
&
F
∂
F
(
©
dW°
F
fi
U
P
Ÿ
F
·
F
, Ê
F
Œ̆
F
·
F
F
;
F
∂
F
—
F
fi
=
+
¤
F
P
Ë
F
a‹
F
·
F
—
F
W—
F
fi
J
Ê
F
k°
F
¤
F
F
“
¤
F
F
µ
F
—
F
∑
F
;
FŸ
F
F
gŒ
∞
J
Ê
F
kP
∞
Ÿ
F
Wkò F
fi
f
FG
P
ÉÊ
F
©
U
i) =
+
X
©
=
+
U
;
F
G
a
ii)
=
+
X
©
Œ
F
Ŭ
k=
+
U
;
F
G
a
b) Discounted Instruments
(Treasury Bills,
Commercial Paper and
Certificate of Deposits )
J
◊
+
E
F
G
aJ
¤
F
J
¤
F
∞
U
J
/
E
F
fi
Ÿ
F
U
E
F
G
a
c) Bonds and Debentures
=
W+
P
º
Ë
F
F
P
Œ
F
Wº
WkË
F
X
k=
W+
E
Œ
F
]ı
F
F
fi
E
F
Õ
F
F
fi
⁄
F
[∂
F
“
P
∂
F
◊
+
·
F
Ê
F
=
e+
—
F
fi
H
—
F
‹
F
]É ∂
F
K
+
µ
F
P
Ê
F
ı
∂
F
_P
∂
F
=
+
X
°
F
X
∞
s∂
F
WC
J
—
F
P
fi
—
F
ÉÊ
F
∂
F
F
∂
F
=
+
“
P
∂
F
◊
+
·
F
(
Ê
F
F
G
a©
U
J
¤
F
)
X̆
Œ
F
W=
W+
E
F
Õ
F
F
fi
—
F
fi
ó
Ÿ
F
F
°
F
F
fi
¤
F
[·
‹
F
—
F
fi
d) Equity
i) Quoted
E
kP
∂
F
¤
F
∂
F
]·
F
Œ
F
—
F
∑
F
(
J
=
+
Ê
F

F
aı
F
W
ii) Un-quoted
E
P
Õ
F
=
+
—
F
[fi
F
Œ
F
F
Œ
F
Ŭ
k)
=
W+
E
Œ
F
]ı
F
F
fi
P
Ê
F
Ë
·
F
WP

F
∂
F
¤
F
[·
‹
F
—
F
fi
,
E
Œ
‹
F
ª
F
F
“
P
∂
F
=
k+
—
F
Œ
F
U
1‡
—
F
J
—
F
fi
ó
124
At prices published by
FIMMDA
On Yield to Maturity (YTM)
basis by adding appropriate
mark-up on the Base Yield
Curve as per FIMMDA/RBI
guidelines.
At carrying cost
On Yield to Maturity (YTM)
basis by adding appropriate
Credit Spread on the
Base Yield curve as per
FIMMDA/RBI guidelines.
At market price
At break-up value, as per
latest Balance Sheet
(not more than one year old),
otherwise at Re 1/- per
company.
Annual Report
ë ~E
P
Õ
F
¤
F
F
Œ
F
U
Ë
F
W‹
F
fi
‹
F
P
º
=
+
X
©
P
=
+
‹
F
F
;
F
‹
F
F
˘
Y∂
F
X
Ÿ
F
F
°
F
F
fi
¤
F
[·
‹
F e) Preference Shares
—
F
fi
E
ª
F
Ê
F
F
J
◊
+
E
F
G
aJ
¤
F
J
¤
F
∞
U
J
/
⁄
F
F
.
P
fi
.
Ÿ
F
Yk=
+
=
W+
P
º
Ë
F
F
P
Œ
F
º
WbË
F
F
Œ
F
]ı
F
F
fi
E
F
Õ
F
F
fi
E
°
F
aŒ
F
Ê
F
=
e+
—
F
fi
H
—
F
‹
F
]É ∂
F
=
+
U
¤
F
∂
F
·
F
F
;
F
∂
F
E
k∂
F
fi
(
¤
F
F
=
a+
E
—
F
)
=
+
X
°
F
X
∞
s∂
F
WC
J
—
F
P
fi
—
F
ÉÊ
F
∂
F
F
“
P
∂
F
◊
+
·
F
=
W+
E
F
Õ
F
F
fi
—
F
fi
ò F“
P
∂
F
⁄
F
[P
∂
F
“
F
P
—
∂
F
/
H
√
¤
F
—
F
[k°
F
U
P
Œ
F
P
Õ
FJ
◊
+
E
F
G
aJ
¤
F
∞
U
J
/
⁄
F
F
.
P
fi
.
Ÿ
F
Yk=
+
=
W+
P
º
Ë
F
F
P
Œ
F
º
Ë
kW F
F
Œ
F
ı
]F
F
fi
Ë
F
] E
F
P
ı
∂
F
¤
F
·
[‹
F
(
J
Œ
F
J
Ê
F
U
)
—
F
fi
ö
¤
‹
F
[ò F
]E
·
F
◊
k+
∞
f) Security Receipt/Venture
Capital Fund
‹
F
P
º
=
+
X
©
P
=
+
‹
F
F
C
E
F
˘
Y∂
F
X
Ÿ
F
F
°
F
F
fi
¤
F
[·
‹
F
—
F
fi g) Mutual Funds
∂
F
ª
F
F
=
+
X
©
Œ
F
Ŭ
kP
=
+
‹
F
F
;
F
‹
F
F
˘
Y∂
F
X
—
F
]Œ
F
&
F
afi
U
º
¤
F
[·
‹
F
/
Ë
F
] E
F
P
ı
∂
F
¤
F
[·
‹
F
(
J
Œ
F
J
Ê
F
U
)
—
F
fi
2012-13
At market price, if quoted or
YTM basis by adding
appropriate mark-up on the base
yield curve as per FIMMDA/
RBI guidelines.
At Net Asset Value (NAV)
as per FIMMDA/RBI
guidelines.
At Market Price, if quoted
and at re-purchase price/
NAV if unquoted.
5.5
“Ê
‹
F
F
—
F
F
fi
=
W+
P
·
F
J
Õ
F
F
P
fi
∂
F
”Í
F
WP
µ
F
ı
F
W“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k=
+
F
ı
ª
F
F
Œ
F
F
k∂
F
fi
µ
F
⁄
F
F
.
P
fi
.
Ÿ
F
Y=
+ 5.5. Shifting of securities from and to “HFT” category is done in
accordance with RBI guidelines with the approval of Board
=
W+
P
º
Ë
F
F
P
Œ
F
º
WaË
F
F
Œ
F
]ı
F
F
fi
P
Œ
F
º
WË
F
=
+
¤
F
k∞
·
F
=
W+
E
Œ
F
]¤
F
X
º
Œ
F
ı
F
WP
=
+
‹
F
F
°
F
F
∂
F
F
˘
Yó
of Directors.
5.6
“Ê
‹
F
F
—
F
F
fi
=
W+
P
·
F
J
Õ
F
F
P
fi
∂
F
”J
Ê
F
k “P
Ÿ
F
=
e+
U
=
W+
P
·
F
J
H
—
F
·
F
Ÿ
Õ
F
”Í
F
Wµ
F
U
=
+
U
“
∂
‹
F
W=
+
P
ı
=
e+
—
F
¤
F
F
P
ı
F
=
+
E
F
Õ
F
F
fi
—
F
fi
E
ª
F
Ê
F
F
‹
F
ª
F
F
“
F
Ê
F
Õ
F
F
Œ
F
G
ı
F
ı
F
W⁄
F
U
=
+
¤
F
E
k∂
F
fi
F
·
F
—
F
fi5.6.
Ÿ
F
F
°
F
F
fi
=
W+
P
·
F
J
P
òF
P
˚
∂
F
=
+
U
°
F
F
∂
F
U
˘
Yó “
∂
‹
F
W=
+
Í
F
Wµ
F
U
=
W+
∂
F
˘
∂
F
Ë
F
] ¤
F
[·
‹
F
A
F
ı
F
‹
F
P
º
˘
Y∂
F
X
G
ı
F
=
+
F
“
F
Ê
F
Õ
F
F
Œ
F
P
=
+
‹
F
F
°
F
F
∂
F
F
˘
YJ
Ê
F
kË
F
] ¤
F
[·
‹
F
Ê
F
_P
,
‹
F
P
º
=
+
X
G
a˘
Y
∂
F
X
G
ı
F
WE
Œ
F
º
W&
F
F
P
=
+
‹
F
F
°
F
F
∂
F
F
˘
Yó
5.7. Income from Zero Coupon Bonds, being the difference
between cost and face value, is recognized on a time
proportion basis.
5.7
·
F
F
;
F
∂
F
J
Ê
F
kE
kP
=
+
∂
F
¤
F
[·
‹
F
¤
F
Wk E
k∂
F
fi
X̆
Œ
F
W=
W+
=
+
F
fi
µ
F
Ë
F
[Œ
‹
F
=
[+
—
F
Œ
F
Ÿ
F
F
gŒ
∞
ı
F
W“
F
—
∂
F
E
F
‹
F
=
+
F
P
Œ
F
Õ
F
F
afi
µ
F
ı
F
¤
F
‹
F
=
W+
E
Œ
F
]—
F
F
∂
F
=
W+
E
F
Õ
F
F
fi
—
F
fi
P
=
+
‹
F
F
°
F
F
∂
F
F
˘
Yó
5.8
P
=
+
ı
F
U
⁄
F
U
Í
F
Wµ
F
U
¤
F
Wk P
Œ
F
Ê
F
WË
F
=
+
U
P
Ÿ
F
=
e+
U
—
F
fi
C
J
·
F
F
⁄
F
E
ª
F
Ê
F
FF̆
P
Œ
F
=
+
X
·
F
F
⁄
F 5.8.
E
Z
fi
F̆
P
Œ
F
&
F
F
∂
F
W¤
F
WkË
F
F
P
¤
F
·
F
P
=
+
‹
F
F
°
F
F
∂
F
F
˘
YP
=
+
Œ
∂
F
] ‘—
F
P
fi
—
F
ÉÊ
F
∂
F
F
∂
F
=
+
Õ
F
F
P
fi
∂
F
’
Í
F
Wµ
F
U
¤
F
Wk P
Œ
F
Ê
F
WË
F
=
+
U
P
Ÿ
F
=
e+
U
—
F
fi
C
J
·
F
F
⁄
F
=
+
U
P
ı
ª
F
P
∂
F
¤
F
Wk Ê
F

F
a=
W+
E
k∂
F
¤
F
Wk ·
F
F
⁄
F
=
W+
Ÿ
F
fi
F
Ÿ
F
fi
fi
F
P
Ë
F
=
+
F
P
Ê
F
P
Œ
F
‹
F
X
°
F
Œ
F
“
F
fi
P
áF
∂
F
—
F
[c°
F
U
&
F
F
∂
F
F
¤
F
Wk P
=
+
‹
F
F
°
F
F
∂
F
F
˘
Yó
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k=
+
U
P
Ÿ
F
=
e+
U
—
F
fi
E
P
Õ
F
Ë
F
W
F
/f
F
F
©
W=
+
F
P
ı̆
F
F
Ÿ
F
=
+
fi
Œ
F
W=
W+
P
·
F
J
⁄
F
F
P
fi
∂
F
E
Z
ı
F
∂
F
(
Ê
F
W©
W∞
J
Ê
F
fi
W°
F
)
—
F
P
∂
F
E
—
F
Œ
F
F
G
a°
F
F
∂
F
U
˘
Yó
5.9
The individual scrips in the “HFT” and “AFS” category are
marked to market at monthly or at more frequent intervals,
if required. Under each category net depreciation, if any, is
provided for while net appreciation, if any, is ignored.
Profit or Loss on sale of investments in any category is
taken to Profit and Loss Account. In case of profit on sale of
Investments in “HTM” category, an equivalent amount is
appropriated to “Capital Reserve Account” at the end of the
year. For calculating the surplus / deficit on sale of
securities, weighted average method is adopted.
5.9. For the purpose of calculating holding period in case of
“HFT" category, First In First Out (FIFO) method is
P
Ê
F
=
e+
‹
F
˘
W∂
F
]Õ
F
F
P
fi
∂
F
Í
F
Wµ
F
U
¤
F
Wk Õ
F
F
fi
µ
F
E
Ê
F
P
Õ
F
=
+
F
P
ı̆
F
F
Ÿ
F
=
+
fi
Œ
F
W=
W+
P
·
F
J
“
ª
F
¤
F
applied.
E
F
E
X
“
ª
F
¤
F
—
F
F
E
X
(
J
◊
+
E
F
G
aJ
◊
+
E
X
)
—
F
P
∂
F
·
F
F
;
F
[=
+
U
;
F
G
a˘
Yó
5.10
ı
F
⁄
F
UP
Œ
F
Ê
F
WË
FH
—
F
‹
F
]aÉ ∂
F“
F
Ê
F
Õ
F
F
Œ
F
U
=
+
fi
µ
F
/E
F
‹
F=
W+E
Ê
F
P
Œ
F
Õ
F
F
afi
µ
F 5.10. Investments are subject to appropriate provisioning/ derecognition of income, in line with the prudential norms of
(
P
∞
P
fi
=
+
F
g;
F
P
Œ
F
Ë
F
Œ
F
)
=
W+
E
Õ
‹
F
Õ
F
U
Œ
F
˘
Ykó ‹
F
˘
J
Œ
F
—
F
U
E
F
G
aÊ
F
;
F
U
a=
+
fi
µ
F
˘
W∂
F
]
RBI for “Non Performing Investment” (NPI)
⁄
F
F
fi
∂
F
U
‹
F
P
fi
r°
F
Ê
F
aŸ
F
Yk=
+
=
W+
P
Ê
F
Ê
F
W=
+
—
F
[µ
F
a¤
F
F
Œ
F
=
+
X
k=
W+
E
Œ
F
]‡
—
F
˘
Yó E
Œ
F
°
F
a=
+
Classification. The depreciation/provision in respect of
non-performing securities is not set off against the
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k=
W+
ı
F
kŸ
F
kÕ
F
¤
F
Wk ¤
F
[·
‹
F
A
F
ı
F
/“
F
Ê
F
Õ
F
F
Œ
F
=
+
X
E
Œ
‹
F
E
°
F
a=
+
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k
appreciation in respect of the other performing securities in
ı
F
Wı
F
kŸ
F
kP
Õ
F
∂
F
E
P
Õ
F
¤
F
[·
‹
F
Œ
F
=
W+
Ÿ
F
º
·
F
Wı
F
¤
F
kP
°
F
∂
F
Œ
F
Ŭ
kP
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
accordance with RBI guidelines.
125
2012-13
E
P
ı
∂
F—
F
]Œ
F
P
Œ
F
a¤
F
F
aµ
F=
+
¤
—
F
Œ
F
U
(
J
E
F
fi
ı
F
U
)
/ “
P
∂
F
⁄
F
[∂
F
U
=
+
fi
µ
F=
+
¤
—
F
Œ
F
U 6. F I N A N C I A L A S S E T S S O L D T O A S S E T S
R E C O N S T R U C T I O N C O M PA N Y ( A R C ) /
(
J
ı
F
ı
F
U
)
=
+
X
Ÿ
F
Wò F
U
;
F
G
aP
Ê
F
∏
F
U
‹
F
E
F
P
ı
∂
F
‹
F
F
c
SECURITIZATION COMPANY (SC):
6.1. ‹
F
P
º
P
Ê
F
∏
F
U
‹
F
E
F
P
ı
∂
F
‹
F
F
cJ
E
F
fi
ı
F
U
/J
ı
F
U
=
+
X
E
P
Õ
F
=
+
Ë
F
] Ÿ
F
Ŭ
¤
F
[·
‹
F
ı
F
W
I
+
cò F
U
=
+
U
¤
F
∂
F
—
F
fi
Ÿ
F
Wò F
U
;
F
G
a˘
Y∂
F
X
E
P
∂
F
P
fi
É∂
F
“
F
Ê
F
Õ
F
F
Œ
F
=
+
F
“
∂
‹
F
F
Ê
F
∂
F
aŒ
F
Œ
F
Ŭ
k
P
=
+
‹
F
F
;
F
‹
F
F
˘
YŸ
F
P
·
=
+
H
ı
F
WJ
E
F
fi
ı
F
U
/J
ı
F
ı
F
U
=
+
X
Ÿ
F
Wò F
U
;
F
G
aE
Œ
‹
F
P
Ê
F
∏
F
U
‹
F 6.1. In the case of financial assets sold to ARC / SC, if the sale is
E
F
P
ı
∂
F
‹
F
X
kı
F
WC
G
a=
+
¤
F
U
=
+
X
—
F
[fi
F
=
+
fi
Œ
F
W=
W+
P
·
F
J
H
—
F
‹
F
X
;
F
¤
F
Wk ·
F
F
‹
F
F
;
F
‹
F
F
˘
Y‹
F
P
º for a value higher than the Net Book Value (NBV), the
P
Ÿ
F
=
e+
U
Ë
F
] Ÿ
F
Ŭ
¤
F
[·
‹
F
ı
F
W=
+
¤
F
=
+
U
¤
F
∂
F
—
F
fi
C
G
a˘
Y∂
F
X
H
—
F
·
F
Ÿ
Õ
F
E
P
Õ
F
Ë
F
W
F
(
‹
F
P
º excess provision is not reversed but utilized for meeting any
shortfall on account of sale of other financial assets to
˘
Y)
=
+
X
ı
F
¤
F
F
‹
F
X
P
°
F
∂
F
=
+
fi
Œ
F
W=
W+
Ÿ
F
F
º
H
ı
F
=
+
¤
F
U
=
+
X
·
F
F
⁄
F
E
Z
fi
F̆
P
Œ
F
&
F
F
∂
F
W=
W+
ARC/SC.
If the sale is at a price below the NBV the
Œ
F
F
¤
F
WP
·
F
&
F
F
;
F
‹
F
F
˘
Yó
shortfall after adjusting the available surplus if any, is
6.2 E
F
P
ı
∂
F
—
F
[Œ
F
P
Œ
F
a¤
F
F
aµ
F
=
+
¤
—
F
Œ
F
U
“
P
∂
F
⁄
F
[P
∂
F
=
+
fi
µ
F
=
+
¤
—
F
Œ
F
U
=
+
X
Ÿ
F
Wò F
U
;
F
G
aP
Ê
F
∏
F
U
‹
F
debited to the Profit and Loss Account.
E
F
P
ı
∂
F
‹
F
X
k=
+
F
P
Œ
F
Õ
F
F
afi
µ
F
Ÿ
F
Yk=
+
&
F
F
∂
F
W¤
F
Wk J
Wı
F
WP
Ê
F
=
e+
‹
F
=
W+
P
·
F
J
H
ı
F
E
F
P
ı
∂
F
—
F
[P
Œ
F
a¤
F
F
aµ
F
=
+
¤
—
F
Œ
F
U
/“
P
∂
F
⁄
F
[∂
F
U
=
+
fi
µ
F
=
k+
.
¬
F
fi
F
ı
F
_P
°
F
∂
F
Œ
‹
F
F
ı
F
¬
F
fi
F
°
F
F
fi
U
“
P
∂
F
⁄
F
[P
∂
F 6.2 The sale of financial assets to ARC/SC is recognized in the
books of the Bank at lower of either redemption value of the
fi
ı
F
U
º
=
W+
¤
F
X
òF
Œ
F
¤
F
[·
‹
F
ı
F
W=
+
¤
F
=
+
U
¤
F
∂
F
—
F
fi
H
ı
F
J
Wı
F
U
P
Ê
F
∏
F
U
‹
F
E
F
P
ı
∂
F
‹
F
X
k=
W+
Security
Receipts issued by the Trust created by the
Ë
F
] ¤
F
[·
‹
F
=
+
U
=
+
U
¤
F
∂
F
—
F
fi
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
ARC/SC for such sale or the net value of such financial
6.3 Ÿ
F
Yk=
+
Ÿ
F
Ŭ
¤
F
Wk “
P
∂
F
⁄
F
[P
∂
F
“
F
P
—
∂
F
‹
F
X
k=
+
X
;
F
Yfi
J
ı
F
J
·
F
E
F
fi
¤
F
Wk P
Œ
F
Ê
F
WË
F
=
W+
‡
—
F
¤
F
Wk
assets.
Ê
F
;
F
U
a=
_+
∂
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
YE
Z
fi
∂
F
º
Œ
F
]‡
—
F
;
F
Yfi
J
ı
F
J
·
F
E
F
fi
=
W+
ı
F
kŸ
F
kÕ
F
¤
F
Wk 6.3 The Security Receipts are classified as Non-SLR
⁄
F
F
fi
∂
F
U
‹
FP
fi
r°
F
Ê
F
aŸ
F
Yk=
+
¬
F
fi
FP
Œ
F
Õ
F
F
aP
fi
∂
F¤
F
[·
‹
F
F
k=
+
Œ
F
,
Ê
F
;
F
U
a=
+
fi
µ
FJ
Ê
F
kE
Œ
‹
F
Investment in the books of the Bank and accordingly the
¤
F
F
Œ
F
º
k∞
·
F
F
;
F
[P
=
+
J
;
F
J
˘
Ykó
valuation, classification and other norms prescribed by RBI
6.4 J
E
F
fi
ı
F
U
/J
ı
F
ı
F
U
=
+
X
Ÿ
F
Wò F
U
;
F
G
aŸ
F
™
F
&
F
F
∂
F
F
=
_+
∂
F
E
F
P
ı
∂
F
‹
F
X
k=
W+
¤
F
F
¤
F
·
F
W¤
F
Wk
in respect of Non-SLR Securities are applicable.
Œ
F
=
+
º
U
E
F
;
F
¤
F
=
+
X
E
F
‹
F
¤
F
F
Œ
F
F
;
F
‹
F
F
˘
Yó
6.4 In case of written off Assets sold to ARC/ SC, the cash
7.
E
P
;
F
e¤
F
proceeds are recognized as income.
7.1 E
P
;
F
e¤
F
X
k=
+
F
Ê
F
;
F
U
a=
+
fi
µ
F
E
°
F
a=
+
J
Ê
F
kE
Œ
F
°
F
a=
+
E
F
P
ı
∂
F
‹
F
X
k=
W+
E
F
Õ
F
F
fi
—
F
fi
P
=
+
‹
F
F
;
F
‹
F
F
˘
Y∂
F
ª
F
F
H
Œ
F
—
F
fi
⁄
F
F
fi
∂
F
U
‹
F
P
fi
r°
F
Ê
F
aŸ
F
Yk=
+
¬
F
fi
F
P
Œ
F
Õ
F
F
aP
fi
∂
F
P
Ê
F
Ê
F
W=
+
—
F
[µ
F
a¤
F
F
Œ
F
º
k∞
X
k 7. ADVANCES
=
W+
E
Œ
F
]‡
—
F
“
F
Ê
F
Õ
F
F
Œ
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
7.1. Advances are classified as Performing / Non-Performing
Assets and provisions thereon are made in conformity with
7.2 E
Œ
F
°
F
a=
+
E
F
P
ı
∂
F
=
+
F
H
·
·
F
W&
F
“
F
Ê
F
Õ
F
F
Œ
F
X
kE
Z
fi
K
+
µ
F
;
F
F
fi
k©
U
ı
F
kı
ª
F
F
E
X
kı
F
W“
F
—
∂
F
the
prudential norms prescribed by RBI.
º
F
Ê
F
W=
W+
‡
—
F
¤
F
Wk P
=
+
‹
F
F
;
F
‹
F
F
˘
YE
°
F
a=
+
E
F
P
ı
∂
F
‹
F
X
k˘
W∂
F
]“
F
Ê
F
Õ
F
F
Œ
F
=
+
X
'E
Œ
‹
F
7.2.
Non-performing
assets are stated net of provisions and
º
W‹
F
∂
F
F
J
c“
F
Ê
F
Õ
F
F
Œ
F
'=
W+
E
k∂
F
;
F
a∂
F
P
º
&
F
·
F
F
‹
F
F
;
F
‹
F
F
˘
Yó
claims
received
from
credit guarantee institutions.
7.3 E
°
F
a=
+
E
F
P
ı
∂
F
‹
F
X
k=
W+
P
·
F
J
P
=
+
‹
F
F
;
F
‹
F
F
“
F
Ê
F
Õ
F
F
Œ
F
Œ
‹
F
º
W‹
F
∂
F
F
J
Ê
F
k“
F
Ê
F
Õ
F
F
Œ
F
‘E
’
7.3 Provision held for performing assets is shown under the
Ë
F
U

F
a=
W+
∂
F
˘
∂
F
“
º
P
Ë
F
a∂
F
˘
Yó
head ‘Other Liabilities and Provisions’.’
7.4 E
P
;
F
e¤
F
X
k=
+
F
—
F
]Œ
F
;
F
a*
Œ
F
J
Ê
F
k∂
F
∂
ı
F
kŸ
F
kÕ
F
U
“
F
Ê
F
Õ
F
F
Œ
F
⁄
F
F
fi
∂
F
U
‹
F
P
fi
r°
F
Ê
F
aŸ
F
Yk=
+
=
W+
¤
F
F
;
F
a
7.4.
Restructuring
of Advances and provisioning thereof have
P
Œ
F
º
WaË
F
=
W+
E
Œ
F
]‡
—
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
been made as per RBI guidelines.
8.
E
òF
·
F
E
F
P
ı
∂
F
‹
F
F
cE
Z
fi
¤
F
[·
‹
F
A
F
ı
F
8.1 —
F
P
fi
ı
F
fi
(
G
ı
F
¤
F
Wk —
F
™
W—
F
fi
P
·
F
J
;
F
J
—
F
P
fi
ı
F
fi
⁄
F
U
Ë
F
F
P
¤
F
·
F
˘
Y)
E
Z
fi
E
Œ
‹
F
E
òF
·
F 8. FIXED ASSETS AND DEPRECIATION
E
F
P
ı
∂
F
‹
F
X
k∂
F
ª
F
F
òF
·
F
fĭ
W—
F
[k°
F
U
;
F
∂
F
=
+
F
‹
F
a=
+
X
—
F
fi
¤
—
F
fi
F
;
F
∂
F
·
F
F
;
F
∂
F
—
F
fi
P
·
F
‹
F
F
;
F
‹
F
F 8.1. Premises (including leasehold), other fixed assets and
˘
Yó —
F
]Œ
F
¤
F
[a·
‹
F
F
kP
=
+
∂
F
=
+
U
P
ı
ª
F
P
∂
F
¤
F
Wk ‹
F
˘
—
F
]Œ
F
¤
F
[a·
‹
F
F
kP
=
+
∂
F
fi
F
P
Ë
F
=
W+
‡
—
F
¤
F
Wk
Capital work in progress are stated at historical cost. In case
H
P
·
·
F
P
&
F
∂
F
˘
YE
Z
fi
Ÿ
F
≥
sU
C
G
a=
+
U
¤
F
∂
F
=
+
X
—
F
]Œ
F
¤
F
[a·
‹
F
F
kP
=
+
∂
F
“
F
fi
P
áF
∂
F
¤
F
Wk °
F
¤
F
F
of revaluation, the same are stated at the revalued amount
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
and the appreciation is credited to "Revaluation Reserve".
8.2 —
F
™
W—
F
fi
·
F
U
C
G
aE
F
P
ı
∂
F
‹
F
X
k=
+
X
—
F
™
W=
+
U
E
Ê
F
P
Õ
F
=
W+
P
·
F
J
—
F
P
fi
Ë
F
X
Õ
F
Œ
F
P
=
+
‹
F
F 8.2 Leasehold assets are amortized over the period of lease.
°
F
F
∂
F
F
˘
Yó
8.3. Depreciation on assets other than computers and
8.3 =
+
¤
—
‹
F
[©
fi
J
Ê
F
kı
Ê
F
òF
F
P
·
F
∂
F
©
W·
F
fi
¤
F
Ë
F
U
Œ
F
(
J
©
U
J
¤
F
)
=
W+
E
P
∂
F
P
fi
É∂
F
E
Œ
‹
F
Automated Teller Machines (ATMs) is provided for under
E
F
P
ı
∂
F
‹
F
X
k—
F
fi
¤
F
[·
‹
F
A
F
ı
F
=
+
F
“
F
Ê
F
Õ
F
F
Œ
F
=
+
¤
—
F
Œ
F
U
E
P
Õ
F
P
Œ
F
‹
F
¤
F
1956 =
+
U
written down value method, in the manner and as per the
E
Œ
F
]ı
F
[ò F
U
XIV =
W+
E
k∂
F
;
F
a∂
FP
Œ
F
Õ
F
F
aP
fi
∂
Fº
fi
—
F
fi
E
Z
fi
P
Œ
F
P
º
aÒ
∂
F
fi
U
=
W+
ı
F
W
rates prescribed under Schedule XIV to the Companies Act,
E
Ê
F
P
·
F
P
&
F
∂
F
¤
F
[·
‹
F
—
F
P
∂
F
(
P
fi
©
WŒ
F
∞
F
I
+
Œ
F
Ê
F
Y·
‹
F
[¤
F
Wª
F
∞
)
ı
F
W—
F
fi
Ê
F
∂
F
U
a—
F
[µ
F
aE
k=
+
1956 after rounding off to next absolute number.
¤
F
W·
F
WŒ
F
W=
W+
Ÿ
F
F
º
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó E
F
P
ı
∂
F
‹
F
X
k=
W+
—
F
]Œ
F
¤
F
a[·
‹
F
F
kP
=
+
∂
F
⁄
F
F
;
F
=
+
F
¤
F
[·
‹
F
Depreciation on the revalued portion of the assets is
A
F
ı
F
—
F
]Œ
F
¤
F
[a·
‹
F
F
kP
=
+
∂
F
“
F
fi
P
áF
∂
F
ı
F
Wı
F
¤
F
F
‹
F
X
P
°
F
∂
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
adjusted from "Revaluation Reserve".
8.4 =
+
¤
—
‹
F
[©
fi
X
k,
ı
Ê
F
òF
F
P
·
F
∂
F
©
dW·
F
fi
¤
F
Ë
F
U
Œ
F
X
k(
J
©
U
J
¤
F
)
J
Ê
F
kı
F
F
ÿ
©
Ê
F
W‹
F
fi
X
k—
F
fi8.4. Depreciation on computers, ATMs and amortization of
software are accounted for on straight-line method @
¤
F
[·
‹
F
A
F
ı
F
=
+
F
Pı̆
F
F
Ÿ
F
H
ı
F
=
+
U
E
P
⁄
F
;
F
e µ̆
F
P
∂
F
P
ª
F
ı
F
WE
F
Œ
F
]—
F
F
P
∂
F
=
+
E
F
Õ
F
F
fi
—
F
fi
,
ı
F
U
Õ
F
U
fi
W&
F
F
—
F
P
∂
F
ı
F
W 33.33% =
+
U
º
fi
ı
F
W⁄
F
F
.
P
fi
.
Ÿ
F
Yk=
+
=
W+
P
º
Ë
F
F
P
Œ
F
º
WaË
F
F
Œ
F
]ı
F
F
fi 33.33% on pro rata basis from the date of acquisition as per
RBI guidelines.
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
6.
126
Annual Report
8.5
9.
10.
10.1
10.2
10.3
10.4
10.5
10.6
10.7
—
F
]Œ
F
¤
F
[a·
‹
F
F
kP
=
+
∂
F
E
F
P
ı
∂
F
‹
F
X
kı
F
P
˘
∂
F
E
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·
F
E
F
P
ı
∂
F
‹
F
X
k—
F
fi
‹
F
P
º
=
+
X
G
aE
Œ
F
°
F
a=
+ 8.5.
F̆
P
Œ
F
C
G
a˘
Y∂
F
X
H
ı
F
W 'E
Œ
F
°
F
a=
+
E
F
P
ı
∂
F
‹
F
X
k' —
F
fi
·
F
W&
F
F
k=
+
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F
¤
F
F
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F
=
+
J
.
J
ı
F
28 =
W+
E
Œ
F
]‡
—
F
P
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P
˚
∂
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
ı
F
fi
=
+
F
fi
U
E
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F
]º
F
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F
=
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P
·
F
J
·
F
W&
F
F
k=
+
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9.
J
J
ı
F
12 =
W+
E
Œ
F
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F
F
fi
“
F
—
∂
F
C
G
aı
F
fi
=
+
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fi
U
E
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F
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F
/ı
F
F̆
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F
=
+
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=
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X
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F
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¤
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∂
F
=
+
—
F
C
cò F
Œ
F
W=
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ı
F
¤
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F
Œ
Õ
F
¤
F
WkE
F
P
ı
∂
F
‹
F
X
k=
W+
ı
F
=
+
·
F
¤
F
[·
‹
F
ı
F
W=
+
©
Z
∂
F
U
=
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‡
—
F
¤
F
Wk
P
=
+
‹
F
W;
F
‹
F
WE
Œ
F
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F
Œ
F
/ı
F
F̆
‹
F
=
+
U
P
º
&
F
F
=
+
fi
∂
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—
F
∑
F
¤
F
Wk “
ı
∂
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F
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
·
F
F
⁄
F
J
Ê
F
k F̆
P
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F
&
F
F
∂
F
W¤
F
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F
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F
/ı
F
F̆
‹
F
=
+
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=
+
X
¤
F
[·
‹
F
A
F
ı
F
E
F
P
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∂
F
‹
F
X
k=
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H
—
F
‹
F
X
;
F
U
°
F
U
Ê
F
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F
=
+
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·
F
—
F
fi
¤
F
[·
‹
F
A
F
ı
F
“
⁄
F
F
fi
¤
F
Wk =
+
©
Z
∂
F
U
=
W+
¬
F
fi
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
fi
F
°
F
ı
Ê
F
“
=
_+
P
∂
F
ı
F
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F
—
∂
F
P
=
+
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F
WC
J
ı
F
fi
=
+
F
fi
U
E
Œ
F
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F
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F
ı
F
F̆
‹
F
P
=
+
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F
X
k=
+
X
·
F
F
⁄
F
J
Ê
F
k F̆
P
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F
&
F
F
∂
F
W¤
F
Wk H
ı
F
U
P
Ê
F
∏
F
U
‹
F
Ê
F

F
a=
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º
Z
fi
F
Œ
F
“
F
—
∂
F
ı
F
kŸ
F
kP
Õ
F
∂
F
·
F
F
;
F
∂
F
,
‹
F
P
º
=
+
X
G
a X̆
∂
F
X
H
ı
F
¤
F
Wk =
+
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Z
∂
F
U
=
+
fi
∂
F
WC
J
ı
Ê
F
U
=
_+
∂
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
Y,
E
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‹
F
ª
F
F
,
H
—
F
‹
F
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F
=
+
X
ı
F
kŸ
F
kP
Õ
F
∂
F
P
Ê
F
∏
F
U
‹
F
Ê
F

F
a=
+
U
ı
F
¤
F
F
P
—
∂
F
=
W+
—
F
Ë
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F
∂
F
h‹
F
P
º
“
F
—
∂
FX̆
,
E
Œ
‹
F
E
F
‹
F
=
W+
E
Œ
∂
F
;
F
a∂
F
º
Ë
F
F
a‹
F
F
;
F
‹
F
F
˘
Yó
=
+
¤
F
aò F
F
P
fi
‹
F
X
k=
+
U
ı
F
]P
Ê
F
Õ
F
F
J
k
=
+
¤
F
aò F
F
P
fi
‹
F
X
k=
W+
·
F
F
⁄
F
X
k=
+
U
—
F
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F
Œ
F
'=
+
¤
F
aò F
F
fi
U
·
F
F
⁄
F
'=
W+
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k∂
F
;
F
a∂
F
J
J
ı
F
15 10.
=
W+
E
Œ
F
]ı
F
F
fi
=
+
U
;
F
G
a˘
Yó
10.1
=
+
¤
F
aò F
F
P
fi
‹
F
X
k=
+
X
º
U
°
F
F
Œ
F
WÊ
F
F
·
F
U
E
·
—
F
F
Ê
F
P
Õ
F
=
+
ı
F
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Ê
F
Õ
F
F
E
X
kE
ª
F
F
a∂
F
hE
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F
=
+
F
Ë
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10.2
P
=
+
fi
F
‹
F
F
P
fi
‹
F
F
‹
F
∂
F
J
Ê
F
kP
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P
=
+
∂
ı
F
F
ı
F
F̆
‹
F
∂
F
F
=
+
U
¤
F
F
—
F
·
F
F
;
F
∂
F
—
F
fi
=
+
U
;
F
G
a˘
Yó
=
+
¤
F
aò F
F
P
fi
‹
F
X
k=
+
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º
U
°
F
F
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F
WÊ
F
F
·
F
U
º
U
f
F
F
aÊ
F
P
Õ
F
=
+
ı
F
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Ê
F
Õ
F
F
J
c∂
F
ª
F
F
ı
F
WÊ
F
F
P
Œ
F
Ê
F
_P
∏
F
=
W+
Ÿ
F
F
º
=
+
U
ı
F
]P
Ê
F
Õ
F
F
J
c°
F
Yı
F
WE
F
Œ
F
]∂
F
X
P

F
=
+
,
—
F
WkË
F
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F
E
Z
fi
ö ]™
U
Œ
F
=
+
º
U
=
+
fi
µ
F
=
+
U
¤
F
F
—
F 10.3
Ê
F
F
P

F
a=
+
∂
F
_∂
F
U
‹
F
—
F
áF
Ÿ
F
U
¤
F
F
kP
=
+
=
+
¤
F
[·
‹
F
F
k=
+
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F
=
W+
E
F
Õ
F
F
fi
—
F
fi
—
F
[Ê
F
F
aŒ
F
]¤
F
F
P
Œ
F
∂
F
‹
F
[P
Œ
F
©
=
eW+
P
∞
©
—
F
P
∂
F
¬
F
fi
F
Ÿ
F
™
F
E
F
Õ
F
F
fi
—
F
fi
=
+
U
;
F
G
a˘
Yó
P
°
F
Œ
F
=
+
¤
F
aò F
F
P
fi
‹
F
X
kŒ
F
W⁄
F
P
Ê
F

‹
F
P
Œ
F
P
Õ
F
‹
F
X
°
F
Œ
F
F
=
+
F
P
Ê
F
=
+
·
—
F
P
º
‹
F
F
˘
YH
Œ
F
=
+
F
P
Œ
F
Õ
F
F
aP
fi
∂
F
E
kË
F
º
F
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F
J
=
+
¤
F
F
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‹
F
∂
F
F
“
F
—
∂
F
Œ
‹
F
F
ı
F
¤
F
Wk ∞
F
·
F
P
º
‹
F
F
°
F
F
∂
F
F
˘
Yó P
°
F
Œ
X̆
kŒ
F
W 10.4
—
F
WkË
F
Œ
F
=
+
F
P
Ê
F
=
+
·
—
F
P
º
‹
F
F
˘
Y,
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127
2012-13
Impairment Losses, if any, on Fixed Assets (including
revalued assets) are recognized in accordance with AS -28
on “Impairment of Assets”.
ACCOUNTING FOR GOVERNMENT GRANTS
In accordance with AS – 12 Government Grants/subsidies
received is presented in the Balance Sheet by showing the
Grant/Subsidy as a deduction from the Gross Value of the
assets concerned in arriving at the book value. The
grant/subsidy is recognized in the Profit & Loss Account
over the useful life of the depreciable assets by way of
reduced depreciation charged.
Government Grant subsidies received, of revenue nature, is
recognized in the Profit & Loss Account by reducing the
related cost if received during the same financial year
otherwise, the same is shown under “Other Income” if
received after the close of the relevant financial year.
EMPLOYEE BENEFITS
Employee Benefits are recognized in accordance with AS –
15 on “Employee Benefits”.
Short term employee benefits namely Leave Fare
Concession and Medical Aid are measured at cost.
Long term employee benefits and post retirement benefits
namely gratuity, pension and leave encashment are
measured on a discounted basis under the Projected Unit
Credit Method on the basis of annual third party actuarial
valuations.
In respect of employees who have opted for Provident Fund
Scheme, matching contribution is made to a recognized
Trust. For others who have opted for Pension Scheme,
contribution to Pension Fund is based on actuarial
valuation.
Long Term employee benefits recognized in the Balance
Sheet represent the present value of the obligation as
adjusted for unrecognized past service cost, if any, and as
reduced by the fair value of plan assets, wherever applicable
and actuarial gain / loss to the extent recognized in Profit
and Loss Account.
The transitional liability in respect of long term employee
benefits, including pension benefits, is recognized as an
expense on straight line basis over a period of five years.r.
In terms of RBI circular, expenditure on “Re-opening of
Pension option to employees of Public Sector Banks and
enhancement of Gratuity limits – Prudential Regulatory
Treatment” is being amortized over a period of five years.
2012-13
11.
11.
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12.
TAXATION
Provision for tax is made for both current and deferred
taxes in accordance with AS – 22 on “Accounting for Taxes
on Income”.
12.
PROVISIONS, CONTINGENT LIABILITIES AND
CONTINGENT ASSETS
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13.
Ë
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F
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⁄
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c)
Provisions only when it has a present obligation as a
result of a past event and it is probable that an outflow
of resources embodying economic benefits will be
required to settle the obligation and when a reliable
estimate of the amount of the obligation can be made.
Contingent Liability is recognized/disclosed when a
possible obligation from a past event, the existence of
which is confirmed by the occurrence/non occurrence
of one or more uncertain future events not wholly
within the control of bank. Contingent Liability is also
recognized/disclosed when there is a present
obligation from past events but is not recognized
because of a remote possibility of outflow of resources
embodying the economic benefits to settle the
obligation or a reliable estimate of the amount of the
obligation cannot be made
Contingent Assets are not recognized in the Financial
Statements
13. NET PROFIT
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128
The Net Profit is arrived at after accounting for the
following:
a) Provision for Taxation.
b) Provision on Standard Assets.
c) Provision for NPAs and Depreciation on investments
as per prudential norms of RBI.
d) Other usual and necessary provisions.
Annual Report
2012-13
31.03.2013 =
+
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17 =
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Y
This is the part of Schedule - 17 as on 31.03.2013
Í
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;
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W*
Mrs. Archana Bhargava
Sandeep Kumar
Mrs. Surekha Marandi
Sunil Goyal
Srenik Sett
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Chairperson & Managing Director
Director
Director
Director
Director
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090130
Membership No. 057393
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Membership No. 069596
Membership No. 065286
Membership No. 408904
Membership No. 090130
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14.05.2013
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Date : 14.05.2013
Place : Kolkata
129
2012-13
E
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18
SCHEDULE 18
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31 ¤
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a 2013 =
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Yk
NOTES FORMING PART OF THE ACCOUNTS
FOR THE YEAR ENDED 31ST MARCH, 2013
1.1 —
F
[k°
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1.1 Capital
a)
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` in crore
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º
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Items
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I
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II
Basel-I
Basel-II
31.03.2013 =
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a 31.03.2012 =
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a 31.03.2013 =
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a
Year ended 31.03.2013
Year ended 31.03.2012
Year ended 31.03.2013
Year ended 31.03.2012
i) ı
F
U
E
F
fi
J
E
F
fi
(%)
i) CRAR (%)
9.77
10.48
11.66
12.69
ii) ı
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fi
J
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F
fi
©
U
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I—
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(%)
ii) CRAR-Tier I capital (%)
7.04
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8.40
8.79
iii) ı
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fi
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©
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II —
F
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(%)
iii) CRAR-Tier II Capital (%)
2.73
3.22
3.26
3.90
82.23
81.56
82.23
81.56
NIL
1725
NIL
1725
300
NIL
300
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NIL
NIL
NIL
NIL
iv)
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iv) Percentage of the shareholding of
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Bank's equity capital
v)
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v) Amount of subordinated debt
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vi)
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vi) Amount raised by issue of
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vii)
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2009 =
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fib) Government of India subscribed to 1,37,08,019 Equity
Shares of ` 10/- each of the Bank at a price of ` 72.95
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(62.95 P
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99.99 =
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` 99.99 crore through preferential allotment in accordance
=
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1,37,08,019 G
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a,
2013
with regulation 76(1) of SEBI (ICDR) Regulations, 2009.
=
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fi The shareholders approved the issue by a special resolution
P
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at the Extraordinary General Meeting of the Bank convened
for the purpose on 12th March, 2013. The Bank completed the
allotment on 13th March 2013.
;
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31 ¤
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2013 =
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=
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300 Crores through Perpetual Tier-I Bonds on private
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placement basis through issuance of unsecured subordinated
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non-convertible listed Bonds.
130
Annual Report
1.2 P
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31.03.2013
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1.2 Investments
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31.03.2012
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J
E
P
∂
F
Ë
F
‹
F
=
+
F
Ÿ
F
™
F
&
F
F
∂
F
F
=
+
fi
µ
F
“
P
∂
F
·
F
W&
F
Œ
F
“
F
Ê
F
Õ
F
F
Œ
F
iv) E
kP
∂
F
¤
F
Ë
F
W
F
2012-13
1
Year ended
Year ended
31.03.2013
31.03.2012
Value of Investments
29246.71
I) Gross Value of Investments
33658.69
29246.71
33658.68
29246.70
a) In India
33658.68
29246.70
0.01
0.01
0.01
0.01
195.28
187.91
ii) Provision for Depreciation
195.28
187.91
a) In India
195.27
187.90
0.01
0.01
33463.40
29058.80
0.00
0.00
158.08
139.64
121.45
153.80
124.71
135.36
154.82
158.08
33658.69
195.27
b) Outside India
187.90
0.01
b) Outside India
0.01
iii) Net Value of Investments
33463.40
29058.80
0.00
0.00
a) In India
b) Outside India
2
Movement of provision held towards
depreciation on investments
I) Opening balance
158.08
139.64
121.45
153.80
ii) Add: Provisions made during
the Year
iii) Less: Write-off/Write-back of
124.71
135.36
154.82
158.08
excess provision during the year
iv) Closing balance
1.2.1 fi
W—
F
X
·
F
WŒ
F
º
WŒ
F
(
E
kP
=
+
∂
F
¤
F
[·
‹
F
=
W+
‡
—
F
¤
F
Wk)
:
1.2.1 Repo transactions (in face value terms) :
`
P
Ê
F
Ê
F
fi
µ
F
Particulars
=
+
fi
X
∞
s¤
F
Wk /
` in crore
F
=
+
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
Œ
‹
F
[Œ
F
∂
F
¤
F Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
E
P
Õ
F
=
+
∂
F
¤
F Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
º
YP
Œ
F
=
+
E
Z
ı
F
∂
F 31.03.2013 ∂
Ÿ
F
=
+
F
‹
F
F
Ÿ
F
=
+
F
‹
F
F
Ÿ
F
=
+
F
‹
F
F
Ÿ
F
=
+
F
‹
F
F
Minimum outstanding
during the year
Maximum outstanding
during the year
Daily Average outstanding
during the year
Outstanding as on
31.03.2013
50.00
(100.00)
2600.00
(2250.00)
509.15
(591.84)
0.00
(400.00)
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
25.00
(25.00)
2600.00
(1100.00)
62.53
(24.70)
1900.00
(1100.00)
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
fi
W—
F
X
=
W+
E
k∂
F
;
F
a∂
F
Ÿ
F
Wò F
U
;
F
G
a“
P
∂
F
⁄
F
[P
∂
F
‹
F
F
k
Securities sold under Repo
ı
F
fi
=
+
F
fi
U
“
P
∂
F
⁄
F
[P
∂
F
‹
F
F
c
i)
i)
Government securities
ii)
ii)
Corporate Debt Securities
=
+
F
fi
—
F
X
fi
W©
K
+
µ
F
“
P
∂
F
⁄
F
[P
∂
F
‹
F
F
c
“
∂
‹
F
F
Ê
F
P
∂
F
a∂
F
fi
W—
F
X
=
W+
∂
F
˘
∂
F
&
F
fi
U
º
U
;
F
G
a“
P
∂
F
⁄
F
[P
∂
F
‹
F
F
c
Securities purchased under Reverse Repo
ı
F
fi
=
+
F
fi
U
“
P
∂
F
⁄
F
[P
∂
F
‹
F
F
c
I)
i)
Government securities
ii)
ii)
Corporate Debt Securities
=
+
F
fi
—
F
X
fi
W©
K
+
µ
F
“
P
∂
F
⁄
F
[P
∂
F
‹
F
F
c
=
+
X
Ú
=
+
¤
F
Wk P
Ê
F
;
F
∂
F
Ê
F

F
a=
W+
E
F
k=
+
∞
sW P
º
J
;
F
J
˘
Yk / Figures in brackets represent Previous Year's figures.
131
2012-13
1.2.2 ;
F
Yfi
J
ı
F
J
·
F
E
F
fi
P
Œ
F
Ê
F
WË
F
ı
F
kP
Ê
F
⁄
F
F
;
F
(I) ;
F
Yfi
J
ı
F
J
·
F
E
F
fi
P
Œ
F
Ê
F
WË
F
X
k=
W+
°
F
F
fi
U
=
+
∂
F
F
aı
F
kf
F
©
Œ
F
1.2.2 Non-SLR Investments Portfolio
(i) Issuer composition of Non-SLR Investments:
`
=
e+
.
ı
F
k
°
F
F
fi
U
=
+
∂
F
F
a
S.No.
Issuer
(1)
fi
F
P
Ë
F P
Œ
F
°
F
U
P
Œ
F
‹
F
X
°
F
Œ
F
=
+
U
ı
F
U
¤
F
FP
Œ
F
¤
Œ
F
Í
F
Wµ
F
U
=
+
U
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k E
Í
F
Wµ
F
U
=
_+
∂
F
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k E
ı
F
[ò F
U
;
F
∂
F
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k
Extent of 'Private
¤
F
Wk P
Œ
F
Ê
F
WË
F
=
+
U
ı
F
U
¤
F
F
=
+
U
ı
F
U
¤
F
F
=
+
U
ı
F
U
¤
F
F
Amount
Placement'
Extent of 'Below
Investment Grade'
Securities
Extent of 'Unrated'
Securities
Extent of 'Unlisted'
Securities
(3)
(4)
(5)
(6)
(7)
946.23
(400.71)
946.23
(400.71)
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
296.02
(279.34)
296.02
(279.34)
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
1701.05
(671.06)
1701.05
(671.06)
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
2085.59
(1046.24)
2085.59
(1046.24)
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
(2)
ı
F
F
Ê
F
a°
F
P
Œ
F
=
+
áF
W∑
F
=
W+
H
—
F
=
e+
¤
F
1
PSUs
P
Ê
F
∏
F
U
‹
F
ı
F
kı
ª
F
F
J
k
2
Fls
Ÿ
F
Yk=
+
3
Banks
P
Œ
F
°
F
U
=
k+
—
F
P
Œ
F
‹
F
F
k
4
=
+
fi
X
∞
s¤
F
Wk /
` in crore
Private Corporate
5
E
Œ
F
]
F
k;
F
U
/ı
F
k‹
F
]É ∂
F
H
√
¤
F
Subsidiaries/Joint ventures
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
6
E
Œ
‹
F
(
J
¤
F
J
◊
+
/ı
F
U
—
F
U
/ı
F
U
∞
U
)2957.66
(4082.34)
2957.66
(4082.34)
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
40.46
(29.83)
40.46
(29.83)
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
7946.09
(6449.86)
7946.09
(6449.86)
0.00
(0.00)
0.00
(0.00)
0.00
(0.00)
Others (MF/CP/CD)
7
¤
F
]·
‹
F
A
F
ı
F
Œ
F
—
F
U
E
F
G
a˘
W∂
F
]“
F
Ê
F
Õ
F
F
Œ
F
/J
Provision held towards
Depreciation / NPI
=
]+
·
F
(1 ı
F
W 6) - (7)
Total (1 to 6) - (7)
=
+
X
Ú
=
+
¤
F
Wk P
Ê
F
;
F
∂
F
Ê
F

F
a=
W+
E
F
k=
+
∞
sW P
º
J
;
F
J
˘
Yk / Figures in bracket represent Previous Year's figures.
(ii) E
Œ
F
°
F
a=
+
;
F
Yfi
J
ı
F
J
·
F
E
F
fi
P
Œ
F
Ê
F
WË
F
:
(ii) Non-performing Non-SLR Investments:
`
P
Ê
F
Ê
F
fi
µ
F
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Particulars
Year ended 31.03.2013
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2012
E
F
fi
kP
⁄
F
=
+
Ë
F
W
F
Opening balance
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
Ê
F
_P
/‹
F
X
;
F
Addition during the Year
60.01
10.18
0.00
60.00
0.00
10.17
60.01
60.01
40.46
29.83
H
—
F
‹
F
]aÉ ∂
F
E
Ê
F
P
Õ
F
=
W+
º
Z
fi
F
Œ
F
=
+
¤
F
U
/A
F
ı
F
Reductions during the Year
E
kP
∂
F
¤
F
Ë
F
W
F
Closing balance
=
]+
·
F
“
F
Ê
F
Õ
F
F
Œ
F
Total provisions held
132
Annual Report
1.2.3
2012-13
1.2.3
Sale and Transfers to/from Held to Maturity
P
Ÿ
F
=
e+
U
J
Ê
F
kE
k∂
F
fi
µ
F
/—
F
P
fi
—
F
ÉÊ
F
∂
F
F
∂
F
=
+
Õ
F
F
P
fi
∂
F
(
J
òF
©
U
J
¤
F
)
Í
F
Wµ
F
U
(HTM) Category
(=
+
)
568.00 =
+
fi
X
∞
s‡
—
F
‹
F
W(
P
Ê
F
;
F
∂
F
Ê
F

F
a 541.74 =
+
fi
X
∞
s‡
—
F
‹
F
W)
=
+
U
(a) Securities having book value of ` 568.00 Crores
Ÿ
F
Ŭ
¤
F
[·
‹
F
=
+
U
“
P
∂
F
⁄
F
[P
∂
F
J
òF
©
U
J
¤
F
Í
F
Wµ
F
U
ı
F
WÊ
F

F
a=
W+
º
Z
fi
F
Œ
F
P
Ÿ
F
=
e+
U
(Previous year: 541.74 Crores) was sold during the
P
=
+
‹
F
F
;
F
‹
F
F
ó
year from HTM Category.
(
&
F
)
Ÿ
F
Yk=
+
P
Œ
F
º
WË
F
=
+
¤
F
k∞
·
F=
W+
E
Œ
F
]¤
F
X
º
Œ
Fı
F
W Ê
F

F
a =
+
U
Ë
F
]‡
E
F
∂
F¤
F
Wk
1476.00 =
+
fi
X
∞
s‡
—
F
‹
F
W(
P
Ê
F
;
F
∂
F
Ê
F

F
a 1745.88 =
+
fi
X
∞
s‡
—
F
‹
F
W)
E
kP
=
+
∂
F
¤
F
[·
‹
F
=
+
U
P
Ÿ
F
=
e+
U
˘
W∂
F
]H
—
F
·
F
Ÿ
Õ
F
(
J
J
◊
+
J
ı
F
)
=
+
U
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k
=
+
X
Ÿ
F
Ŭ
¤
F
[·
‹
F
‹
F
F
Ÿ
F
F
°
F
F
fi
¤
F
[·
‹
F
,
P
ı
=
e+
—
F
°
F
X
J
òF
©
U
J
¤
F
Í
F
Wµ
F
U
º
fi
—
F
fi
ı
ª
F
F
Œ
F
F
k∂
F
P
fi
∂
F
P
=
+
‹
F
F
;
F
‹
F
F
,
‹
F
˘
⁄
F
F
fi
∂
F
U
‹
F
P
fi
°
F
Ê
F
aŸ
F
Yk=
+
=
W+
P
º
Ë
F
F
P
Œ
F
º
WaË
F
X
k
=
W+
E
Œ
F
]ı
F
F
fi
˘
Yó
(
;
F
)
Ê
F

F
a=
+
Wº
Z
fi
F
Œ
F
J
òF
©
U
J
¤
F
Í
F
Wµ
F
U
ı
F
W=
+
X
G
a ı̆
∂
F
F
k∂
F
fi
µ
F
Œ
F
Ŭ
kP
=
+
‹
F
F
;
F
‹
F
F
ó+
(
f
F
)
Ê
F

F
a=
W+
E
F
fi
¤
⁄
F
¤
F
Wk,
J
òF
©
U
J
¤
F
Í
F
Wµ
F
U
=
W+
P
Œ
F
Ê
F
WË
F
ı
F
W 5% ¤
F
[·
‹
F
ı
F
W=
+
¤
F
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k=
+
X
P
Ê
F
=
e+
U
J
Ê
F
k ı̆
∂
F
F
k∂
F
fi
µ
F
Œ
F
W Ŭ
kP
=
+
‹
F
F
;
F
‹
F
F
ó
1.3 Ê
‹
F
]∂
—
F
Œ
Œ
F
(
∞
WP
fi
Ê
F
WP
©
Ê
ı
F
)
1.3.1 Ê
F
F
‹
F
º
F
º
fi
=
+
fi
F
fi
/Ÿ
‹
F
F
°
F
º
fi
P
Ê
F
P
Œ
F
¤
F
‹
F
(b) The bank shifted at the beginning of the year, with the
approval of the board of directors, securities having
face value of ` 1476.00 Crores (Previous year:
` 1745.88 Crores) at lower of book value or market
value, scrip wise, from Available For Sale (AFS) to
HTM Category which is in accordance with RBI
Guidelines in this regard.
(c) There was no other transfer to / from HTM Category
during the year.
(d) The value of sales and transfer of securities to/ from
HTM Category did not exceed 5 % of book of Investment
in HTM Category at the beginning of the year.
1.3 Derivatives
1.3.1 Forward Rate Agreement/Interest Rate Swap
`
P
Ê
F
Ê
F
fi
µ
F
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2013
Particulars
(i)
(i)
=
+
fi
F
fi
=
W+
E
k∂
F
;
F
a∂
F
‹
F
P
º
=
+
F
H
k©
fi
—
F
F
P
©
a‹
F
F
cŸ
F
F
Õ
‹
F
∂
F
F
‹
F
Wk —
F
[fi
U
=
+
fi
Œ
F
W¤
F
Wk ò F
[=
+
°
F
F
∂
F
U
˘
Yk ∂
F
X
H
ı
F
ı
F
W X̆
Œ
F
WÊ
F
F
·
F
UF̆
P
Œ
F
(ii)
Losses which would be incurred if counterparties failed to fulfill
their obligations under the agreements
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
P
Ê
F
P
Œ
F
¤
F
‹
F
=
+
fi
Œ
F
W—
F
fi
Ÿ
F
Yk=
+
¬
F
fi
F
¤
F
F
k;
F
W;
F
J
ı
F
k—
F
F
P
Ë
Ê
F
a=
+
(
°
F
¤
F
F
Œ
F
∂
F
)
(iii)
(iii)
Collateral required by the Bank upon entering into swaps
(iv)
(iv)
Concentration of credit risk arising from the swaps
(v)
(v)
The fair value of the swap book
P
Ê
F
P
Œ
F
¤
F
‹
F
ı
F
WH
∂
—
F
Œ
Œ
F
K
+
µ
F
°
F
X
P
&
F
¤
F
=
+
F
=
Wk+
Ω
U
=
+
fi
µ
F
P
Ê
F
P
Œ
F
¤
F
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133
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Qualitative Disclosures
The Bank has undertaken derivative transactions in currency
futures for trading (arbitrage) & hedging purposes.
Risk management organization of derivative transactions has
been segregated into three functional areas namely, i) FrontOffice for undertaking transaction; ii) Mid-Office for risk
management and reporting; and iii) Back-Office for
settlement, reconciliation and accounting.
c. The risk measurement, reporting and monitoring function is
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undertaken by the mid-office. The Board of Directors is the
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Identification of underlying hedge items for hedging /
mitigating credit risk, operational risk and market risk arising
out of derivative transactions is done in accordance with the
Board approved Integrated Treasury Policy . The customer
related derivative transactions are covered with counter party
banks, on back to back basis for identical amounts and tenure
and the bank does not carry market risk for such transactions.
However, during the year under review, bank has not used
any derivative product to hedge its own portfolio.
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The Integrated Treasury Policy prescribes accounting for
hedge and non-hedge transactions, income recognition and
valuation procedure for outstanding contracts. The income
recognition is done as per AS-11 on “The Effects of changes
in Foreign exchange Rates “ and the guidelines issued by
RBI/FEDAI from time to time. The integrated Treasury
Policy also prescribes various limits such as Client Level
Limits, Trading Member Level Limits, Net Open Position
Limits for credit risk mitigation.
134
Annual Report
2012-13
B. —
F
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F
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B. Quantitative Disclosures
31.03.2013 =
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Year ended 31.03.2013
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Sl. No.
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31.03.2012 =
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Particulars
Currency
Derivatives
Interest rate
Derivatives
Currency
Derivatives
Interest rate
Derivatives
NIL
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(-)
(ii)
Marked to Market Positions (1)
a) Asset (+)
b) Liability (-)
NIL
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NIL
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NIL
NIL
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(iii)
(iii)
K
+
µ
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(2)
Credit Exposure (2)
NIL
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(iv)
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100* —
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=
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X
k—
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fi
(iv)
Likely impact of one percentage change in interest rate (100*PV01)
a) on hedging derivatives
b) on trading derivatives
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
(v)
Ê
F

F
a=
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fi
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fi
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F
fi
—
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fi
(v)
Maximum and Minimum of 100*PV01 observed during the Year
a) on hedging
b) on trading
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
135
2012-13
1.4 E
F
P
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∂
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;
F
]µ
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Ê
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1.4 Asset Quality
1.4.1 E
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a=
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P
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F
k
1.4.1 Non-Performing Assets
=
+
fi
X
∞
s¤
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Wk /
` in crore
31.03.2013 =
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31.03.2012 =
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Sl. No.
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fi
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Particulars
Year ended 31.03.2013
Year ended 31.03.20112
(%)
Ë
F
] E
P
;
F
e¤
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=
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Ë
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] E
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F
°
F
a=
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E
F
P
ı
∂
F
(i)
(i)
Net NPAs to Net Advances (%)
(ii)
(ii)
Movement of NPAs (Gross)
2.87
1.72
2176.42
1355.78
2484.84
1964.22
1697.44
1143.58
2963.82
2176.42
1075.55
757.41
1497.88
1228.87
603.45
910.73
1969.98
1075.55
1055.47
598.37
1010.45
689.95
1093.99
232.85
971.93
1055.47
E
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a)
Opening Balance
&
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a=
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F
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b)
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c)
Reduction during the Year
f
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d)
Closing Balance
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(iii)
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Movement of Net NPAs
=
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a)
Opening Balance
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b)
Addition during the Year
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c)
Reduction during the Year
f
F
)
E
kP
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d)
Closing Balance
(iv)
E
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(iv)
Movement of provisions for NPAs (excluding provisions on standard assets)
=
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fi
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=
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a)
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b)
Provisions made during the Year
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Write off / Write back of excess provisions
f
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d)
Closing Balance
136
137
4
3
2
1
N
o
56.07
670.63
88.90
914.01
Provision
thereon
H
ı
F
—
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fi
“
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F
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Amount
outstand ing
Ÿ
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=
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F
P
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No. of
borrowers
0
0
H
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F
fi
=
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0
Provision
thereon
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F
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Amount
outstanding
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P
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No. of
borrowers
H
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F
F
fi
=
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F
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X
k
=
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29
Provision
thereon
H
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—
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fi
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F
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F
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Amount
outstanding
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F
33
No. of
borrowers
Standard
Restructured standard
advances which cease to
attract higher provisioning
and / or additional risk
weight at the end of the
FY and hence need not be
shown restructured
standard advances at the
beginning of the next FY
Provision
thereon
H
ı
F
—
F
fi
“
F
Ê
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Õ
F
F
Œ
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Amount
outstand ing
ı
F
U
∞
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E
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fi
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∂
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J
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G
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+
µ
F
—
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a*
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∂
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=
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∂
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—
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F
(31.03.2013 ∂
F
=
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=
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P
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F
P
∂
F
)
Disclosure of Restructured Accounts (As on 31.03.2013)
(`
o
s
s
=
+
fi
X
∞
s¤
F
Wk/ ` in crore)
=
+
fi
X
∞
s¤
F
Wk /
` in crore
Standard Doubtful
`
0
0
0
0
0
6.31
14.30
6
0.00
0.00
0
SubStandard
0
0
0
0.00
22.96
4
0.00
1.88
1
-ful
0
0
0
0
0
0
0
0
0
o
s
s
Under CDR Mechanism
0
0
0
0
0
0
95.21
951.27
39
56.07
672.51
34
0
0
0
0.06
7.28
47
0.57
66.85
178
0.99
158.01
1696
Standard
-0.01
-6.35
-17
0.03
0.55
41
0.04
45.19
1001
-ard
-0.05
-0.93
-30
2.55
14.60
250
0.00
64.64
2096
Doubtful
0
0
0
0
0
0
0
0
0
s
s
0
0
0
0.06
7.28
47
3.15
82.00
469
1.03
267.84
4793
0
0
0
0.29
11.85
205
38.57
1328.82
629
14.80
1499.50
7801
-0.15
-7.81
-88
0.10
109.00
62
57.16
389.62
2789
ard
-0.14
-4.04
-117
0.23
4.79
378
11.07
276.72
7271
0
0
0
0
0
0
0
0
0
s
s
0.29
11.85
205
38.90
1442.61
1069
83.03
2165.84
17861
0
0
0
0.35
19.13
252
128.04
2309.68
836
71.86
2328.14
9530
-0.16
-14.16
-105
6.44
123.85
109
57.20
434.81
3790
-0.19
-4.97
-147
2.78
42.35
632
11.07
343.24
9368
0
0
0
0
0
0
0
0
0
0
0
0
0.35
19.13
252
137.26
2475.88
1577
140.13
3106.19
22688
Under SME Debt Restructuring Mechanism
E
Œ
‹
F
/
Others
=
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·
F
/ Total
F̆
P
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F
E
Ê
F
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F
F
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F
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F F̆
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F
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F
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Stando
Total
Total
Standard
Stand- Doubtful o
Total
Total
Stand
P
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F
∏
F
U
‹
F
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F
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fl
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fi
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F
0
No. of
E
P
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F
P
fi
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F
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X
P
&
F
¤
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⁄
F
F
P
fi
∂
F
borrowers
P
=
+
‹
F
F
;
F
‹
F
F
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ı
F
WE
;
F
·
F
WP
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∏
F
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F
fi
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—
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;
F
aP
*
∂
F
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F
F
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=
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P
;
F
e¤
F
=
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fl
—
F
¤
F
Wk
“
º
P
Ë
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a∂
F
=
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fi
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F
WE
F
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F
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‹
F
=
+
∂
F
F
Œ
FX̆
Ÿ
F
=
+
F
‹
F
F
fi
F
P
Ë
F
Upgradations to
restructured standard
category during the FY
P
Ê
F
∏
F
U
‹
F
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
—
F
]Œ
F
;
F
a*
Œ
F
¤
F
F
Œ
F
=
+
Í
F
Wµ
F
U
¤
F
Wk
Fresh restructuring during
the year
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
Œ
F
‹
F
W
—
F
]Œ
F
;
F
aP
*
∂
F
Restructured Accounts as
on April of the FY
(Opening figures)*
E
“
Y·
F
∂
F
=
+
—
F
]Œ
F
;
F
aP
*
∂
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&
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F
∂
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F
(
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F
fi
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=
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=
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=
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U
a=
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/Asset Classification
ı
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k.
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Ÿ
‹
F
X
fi
F
Type of Restructuring ->
—
F
]Œ
F
;
F
a*
Œ
F
=
W+
“
=
+
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fi
1.4.2 —
F
]Œ
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;
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aP
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&
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F
∂
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X
k=
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Ê
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fi
µ
F
1.4.2 Particulars of Accounts Restructured
Annual Report
2012-13
138
Restructured Acounts as
on March 31 of the FY
(closing figures)*
¤
F
F
òF
a=
+
F
ı
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¤
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F
—
∂
F
P
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∏
F
U
‹
F
Ê
F

F
a=
+
F
—
F
]Œ
F
;
F
aP
*
∂
F
&
F
F
∂
F
F
31
Write-offs of restructured
accounts during the FY
P
Ê
F
∏
F
U
‹
F
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
—
F
]Œ
F
;
F
aP
*
∂
F
&
F
F
∂
F
X
k=
+
U
Ÿ
F
™
W&
F
F
∂
F
F
¤
F
Wk ∞
F
·
F
Œ
F
F
Downgradations of
restructured accounts
during the FY
P
Ê
F
∏
F
U
‹
F
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
—
F
]Œ
F
;
F
aP
*
∂
F
&
F
F
∂
F
X
k=
+
U
P
Œ
F
¤
Œ
F
=
+
fi
µ
F
Details
Provision
thereon
H
ı
F
—
F
fi
“
F
Ê
F
Õ
F
F
Œ
F
Amount
outstand ing
Ÿ
F
=
+
F
‹
F
F
fi
F
P
Ë
F
No. of
borrowers
128.42
1550.33
6.31
66.82
13
H
Õ
F
F
fi
=
+
∂
F
F
aE
X
k
=
+
U
ı
F
k&
‹
F
F
53
Provision
thereon
0
0
0
H
ı
F
—
F
fi
“
F
Ê
F
Õ
F
F
Œ
F
Amount
outstand ing
Ÿ
F
=
+
F
‹
F
F
fi
F
P
Ë
F
0
0
No. of
borrowers
Provision
thereon
H
Õ
F
F
fi
=
+
∂
F
F
aE
X
k
=
+
U
ı
F
k&
‹
F
F
0
52.52
0
-56.88
7
SubStandard
0
27.31
6
0
1.88
1
0
4.36
2
-ful
0
0
0
0
0
0
0
0
0
o
s
s
Under CDR Mechanism
0
H
ı
F
—
F
fi
“
F
Ê
F
Õ
F
F
Œ
F
Amount
outstand ing
Ÿ
F
=
+
F
‹
F
F
fi
F
P
Ë
F
H
Õ
F
F
fi
=
+
∂
F
F
aE
X
k
=
+
U
ı
F
k&
‹
F
F
-9
No. of
borrowers
Standard
J
ı
F
J
¤
F
G
aK
+
µ
F
—
F
]Œ
F
;
F
a*
Œ
F
∂
F
¤
F
e=
W+
∂
F
˘
∂
F
ard
o
s
s
=
+
fi
X
∞
s¤
F
Wk/ ` in crore)
Standard Doubtful
(`
134.73
1644.46
72
0
1.88
1
0
56.88
9
1.55
154.64
1211
0
0
0
-0.38
-9.35
-505
Standard
0.34
11.72
435
0
36.72
24
0.31
7.98
389
-ard
3.91
72.48
2026
0
6.56
831
0.07
1.37
116
Doubtful
0
0
0
0
0
0
0
0
s
s
5.8
238.84
3672
0
43.28
855
0.38
9.35
505
1. Ÿ
F
Yk=
+
“
Ÿ
F
kÕ
F
Œ
F
¬
F
fi
F
∂
‹
F
F
;
F
ı
F
¤
F
W∂
F
H
—
F
‹
F
]aÉ ∂
F
“
=
+
©
U
=
+
fi
µ
F
=
+
F
ı
F
¤
F
W=
+
Œ
F
E
Z
fi
“
¤
F
F
P
µ
F
∂
F
P
=
+
‹
F
F
;
F
‹
F
F
ó P
Ê
F
;
F
∂
F
Ê
F

F
a=
W+
E
F
k=
+
∞
sW Œ
F
Ŭ
kP
·
F
‹
F
W;
F
‹
F
Wó
1.05
334.73
1223
0
316.56
119
0.89
224.7
1147
∂
F
=
+
J
Œ
F
—
F
U
Ê
F
U
—
F
P
∂
F
¬
F
fi
F
—
F
]Œ
F
;
F
aP
*
∂
F
E
F
P
ı
∂
F
—
F
fi
E
F
P
ª
F
a=
+
¤
F
F
∑
F
F
=
+
F
∂
‹
F
F
;
F
P
=
+
‹
F
F
;
F
‹
F
F
ó
3.46
124.49
6087
0
200.96
2393
0.22
22.27
355
0
0
0
0
0
0
0
0
0
s
s
77.24
2671.34
13468
0
517.52
2512
1.11
246.97
1502
2.The quantum of economic sacrifice during the year on the restructured assets has been calculated by the NPV Method as on 31.03.2013 for
Standard Assets of `10 lacs and above and for NPA of `1 crore and above. For the remaining assets, economic sacrifice has been provided @ 5% of outstanding balance.
Ë
F
W
F
E
F
P
ı
∂
F
‹
F
X
k=
W+
P
·
F
J
E
F
P
ª
F
a=
+
∂
‹
F
F
;
F
Ÿ
F
=
+
F
‹
F
F
Ë
F
W
F
=
+
fi
5“
P
∂
F
Ë
F
∂
F
=
+
U
º
fi
ı
F
WP
=
+
‹
F
F
;
F
‹
F
F
ó
2. ¤
F
F
Œ
F
=
+
E
F
P
ı
∂
F
`10 ·
F
F
&
F
ı
F
WE
P
Õ
F
=
+
E
Z
fi
J
Œ
F
—
F
U
J
`1 =
+
fi
X
∞
sı
F
WE
P
Õ
F
=
+
31.03.2013
1.The above disclosures, including sacrifice, are as compiled and certified by the Bank's Management. Previous years figures have not been complied.
72.73
2212.10
6158
0
0
0
-1.11
-246.97
-1502
ard
202.70
3917.1
7422
0
0
0
-1.49
-313.2
-2016
7.7
413.27
1671
0
353.28
143
1.2
285.2
1543
7.37
224.28
8119
0
209.4
3225
0.29
28.00
473
0
0
0
0
0
0
0
0
0
217.77
4554.64
17212
0
562.68
3368
1.49
313.20
2016
Under SME Debt Restructuring Mechanism
E
Œ
‹
F
/
Others
=
]+
·
F
/ Total
F̆
P
Œ
F
E
Ê
F
¤
F
F
Œ
F
=
+
E
Ê
F
¤
F
F
Œ
F
=
+
E
Ê
Fı
E
Ê
F
¤
F
F
Œ
F
=
+ı
P
Œ
F
P
Œ
F
F̆
P
Œ
F
F
kP
º
;
Õ
F F̆
F
kP
º
;
Õ
F F̆
¤
F
F
Œ
F
=
+
=
]+
·
F
=
]+
·
F
=
]+
·
F
]+
·
F
ı
F
kP
º
;
Õ
F L
F
kP
º
;
Õ
FL =
¤
F
F
Œ
F
=
+ Sub¤
F
F
Œ
F
=
+ Sub- ı
SubL
F
F
Œ
F
=
+Doubt L
¤
F
F
Œ
F
=
+ ¤
Stando
Total
Total
Standard
Total
Stand- Doubtful o
Total
Stand
ı
F
U
∞
U
E
F
fi
∂
F
k∑
F
=
W+
∂
F
˘
∂
F
*¤
F
F
Œ
F
=
+
—
F
]Œ
F
;
F
aP
*
∂
F
E
P
;
F
e¤
F
=
W+
E
F
=
+
∞
sW =
+
X
ö X
∞
s=
+
fi
H
òòF
“
F
Ê
F
Õ
F
F
Œ
F
U
=
+
fi
µ
F
‹
F
F
°
F
X
P
&
F
¤
F
⁄
F
F
fi
=
+
X
E
F
=
_+
Ò
Œ
F
Ŭ
k=
+
fi
∂
F
F
˘
Y(
‹
F
P
º
·
F
F
;
F
[ X̆
)
* Excluding the figures of Standard Restructured Advances which do not attract higher provisioning or risk weight (if applicable)
7
6
5
N
o
=
e+
¤
F E
F
P
ı
∂
F
=
+
F
Ê
F
;
F
U
a=
+
fi
µ
F
/Asset Classification
ı
F
k.
Sl
Ÿ
‹
F
X
fi
F
Type of Restructuring ->
—
F
]Œ
F
;
F
a*
Œ
F
=
W+
“
=
+
F
fi
2012-13
Annual Report
E
P
Õ
F
∂
‹
F
F
;
F
ı
F
P
˘
∂
F
H
—
F
‹
F
]aÉ ∂
F
“
=
+
©
U
=
+
fi
µ
F
Ÿ
F
Yk=
+
“
Ÿ
F
kÕ
F
Œ
F
¬
F
fi
F
ı
F
¤
F
WP
=
+
∂
F
J
Ê
F
k 1.
“
¤
F
F
P
µ
F
∂
F
P
=
+
J
;
F
J
˘
Ykó
2. Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
—
F
]Œ
F
a;
F
P
*
∂
F
E
F
P
ı
∂
F
‹
F
X
k—
F
fi
`10 ·
F
F
&
F
J
Ê
F
kE
P
Õ
F
=
+
=
W+
¤
F
F
Œ
F
=
+ 2.
E
F
P
ı
∂
F
‹
F
X
k ∂
F
ª
F
F`1 =
+
fi
X
∞
s J
Ê
F
k E
P
Õ
F
=
+=
+
U
E
Œ
F
°
F
a=
+E
F
P
ı
∂
F
‹
F
X
k ˘
W∂
F
]
31.03.2013 ∂
F
=
+
E
F
P
ª
F
a=
+
∂
‹
F
F
;
F
=
W+
—
F
P
fi
¤
F
F
µ
F
=
+
F
ı
F
k;
F
µ
F
Œ
F
J
Œ
F
—
F
U
Ê
F
U
—
F
P
∂
F
¬
F
fi
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó Ë
F
W
F
E
F
P
ı
∂
F
‹
F
X
k=
W+
ı
F
kŸ
F
kÕ
F
¤
F
Wk Ÿ
F
=
+
F
‹
F
F
fi
F
P
Ë
F
=
W+
5% =
+
U
º
fi
ı
F
W
E
F
P
ª
F
a=
+
∂
‹
F
F
;
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
3. =
+
X
Ú
=
+
¤
F
Wk P
º
J
;
F
J
E
F
k=
+
∞
sW P
Ê
F
;
F
∂
F
Ê
F

F
a=
+
U
P
ı
ª
F
P
∂
F
º
Ë
F
F
a∂
F
W˘
Ykó
3.
1.
2012-13
The above disclosures, including sacrifice, are as compiled
and certified by the Bank’s Management.
The quantum of economic sacrifice during the year on the
restructured assets has been calculated by the NPV Method
as on 31.03.2012 for Standard Assets of `10 lacs and above
and for NPA of `1 crore and above. For the remaining assets,
economic sacrifice has been provided @ 5% of outstanding
balance.
Figures in brackets represent Previous Year’s figures.
1.4.3 E
F
P
ı
∂
F
—
F
]Œ
F
P
Œ
F
a¤
F
F
aµ
F
=
W+
P
·
F
J
“
P
∂
F
⁄
F
[P
∂
F
=
+
∂
F
F
a/—
F
]Œ
F
;
F
a*
Œ
F
=
k+
—
F
Œ
F
U
=
+
X
Ÿ
F
Wò F
U
;
F
G
aE
F
P
ı
∂
F
‹
F
X
k/P
Ê
F
∏
F
U
‹
F
E
F
P
ı
∂
F
‹
F
X
k=
+
F
Ÿ
‹
F
Z
fi
F
1.4.3 Details of financial assets sold to Securitization/Reconstruction Company for Asset Reconstruction
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
`
P
Ê
F
Ê
F
fi
µ
F
Particulars
Year ended 31.03.2013
Year ended 31.03.2012
&
F
F
∂
F
X
k=
+
U
ı
F
k&
‹
F
F
(I)
(I)
No. of accounts
NIL
NIL
(ii)
(ii)
J
ı
F
ı
F
U
/E
F
fi
ı
F
U
=
+
X
Ÿ
F
Wò F
W;
F
J
&
F
F
∂
F
X
k=
+
F
=
]+
·
F
¤
F
[·
‹
F
(
=
]+
·
F
“
F
Ê
F
Õ
F
F
Œ
F
)
Aggregate value (net of provisions) of accounts sold to SC/RC
NIL
NIL
(iii) =
]+
·
F
“
P
∂
F
◊
+
·
F
(iii) Aggregate consideration
NIL
NIL
(iv) P
Ê
F
;
F
∂
F
Ê
F

F
X
b¤
F
Wk E
k∂
F
P
fi
∂
F
&
F
F
∂
F
X
k=
+
W+
ı
F
kŸ
F
kÕ
F
¤
F
Wk Ê
F
ı
F
[·
F
P
=
+
J
;
F
J
E
P
∂
F
P
fi
É∂
F
“
P
∂
F
◊
+
·
F
(iv) Additional consideration realized in respect of accounts transferred in earlier years
NIL
NIL
NIL
NIL
(v)
(v)
Ë
F
] Ÿ
F
Ŭ
¤
F
[·
‹
F
—
F
fi
=
+
]·
F
·
F
F
⁄
F
(
F̆
P
Œ
F
)
Aggregate gain/(loss) over net book value
1.4.4 &
F
fi
U
º
U
/Ÿ
F
Wò F
U
;
F
G
aE
Œ
F
°
F
a=
+
P
Ê
F
∏
F
U
‹
F
E
F
P
ı
∂
F
‹
F
X
k=
+
F
Ÿ
‹
F
Z
fi
F
=
+
)
&
F
fi
U
º
U
;
F
G
aE
Œ
F
°
F
a=
+
P
Ê
F
∏
F
U
‹
F
E
F
P
ı
∂
F
‹
F
X
k=
+
F
Ÿ
‹
F
Z
fi
F
1.4.4 Details of Non-performing financial assets purchased/sold
A) Details of Non-performing financial assets purchased
`
P
Ê
F
Ê
F
fi
µ
F
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2013
Particulars
1.
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2012
(
=
+
)
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
&
F
fi
U
º
W;
F
J
&
F
F
∂
F
X
k=
+
U
ı
F
k.
(a)
No. of accounts purchased during the year
(&
F
)
=
]+
·
F
Ÿ
F
=
+
F
‹
F
F
(b) Aggregate Outstanding
2.
=
+
fi
X
∞
s¤
F
Wk /
` in crore
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
=
+
)
G
Œ
F
¤
F
Wk ı
F
WÊ
F

F
a=
W+
º
Z
fi
F
Œ
F
—
F
]Œ
F
;
F
aP
*
∂
F
&
F
F
∂
F
X
k=
+
U
ı
F
k.
(a)
Of these, number of accounts restructured during the year
&
F
)
=
]+
·
F
Ÿ
F
=
+
F
‹
F
F
(b)
Aggregate Outstanding
139
2012-13
&
F
)
Ÿ
F
Wò F
U
;
F
G
aE
Œ
F
°
F
a=
+
P
Ê
F
∏
F
U
‹
F
E
F
P
ı
∂
F
‹
F
X
k=
+
F
Ÿ
‹
F
Z
fi
F
B) Details of Non-performing financial assets sold
`
P
Ê
F
Ê
F
fi
µ
F
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2013
Particulars
1.
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
Ÿ
F
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F
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k=
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k.
/No. of accounts sold
2.
3.
=
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31.03.2012 =
+
X
ı
F
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F
—
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F
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F
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a
Year ended 31.03.2012
16
NIL
=
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·
F
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F
=
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F
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/ Aggregate Outstanding
39.18
NIL
“
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=
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/ Aggregate consideration received
24.41
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1.4.5 ¤
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31.03.2013 =
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31.03.2012 =
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Particulars
Year ended 31.03.2013
Year ended 31.03.2012
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Provision towards Standard Assets
533.51
351.86
1.5 Ê
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F
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31.03.2013 =
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Year ended 31.03.2012
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=
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∂
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(i)
(ii)
Interest Income as a percentage to Working Funds
(ii)
(ii)
8.89%
8.81%
Non-interest income as a percentage to Working Funds
1.03%
0.81%
(iii) =
+
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(iii) Operating Profit as a percentage to Working Funds
1.97%
2.02%
(iv) E
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fi
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0.38%
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10.83
9.71
2.53
4.08
(v)
(v)
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(vi) Profit per employee (`in Lacs)
140
Annual Report
2012-13
1.6 E
F
P
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∂
F
º
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F
∂
F
F
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1.6 Asset Liability Management
E
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Deposits
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15 ı
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2 to 7
8 to 14
15 to 28 29 days to
Over 3
Over 6
Over 1
Over 3
Over 5
days
days
days
3 months
months
months
Year & up Years & up
Years
Total
& up to 6
& up to 1
to 3
to 5
months
Year
Years
Years
949.20
1721.74
1956.64
2076.53
(568.36) (1582.11) (1993.82) (1626.39)
10349.55
(8343.74)
5479.16
(4198.03)
10589.66
(10947.47)
18449.62
(15365.96)
10414.98
(8251.29)
38664.46
(36239.09)
100651.54
(89116.26)
289.62
4233.96
(1729.64) (4358.75)
758.74
(863.38)
1141.42
(275.29)
5988.72
(5123.35)
5138.25
(4229.48)
4093.96
(4337.00)
26186.13
(24122.36)
9692.07
(8076.18)
11385.80
(99927.86)
68908.67
(63043.29)
P
Œ
F
Ê
F
WË
F
0.00
Investments (26.92)
279.75
(328.26)
131.41
(24.45)
180.91
(239.65)
1650.82
(949.46)
1468.35
(389.04)
777.79
(921.51)
4595.30
(3891.08)
3016.45
(3977.08)
21362.62
(18311.35)
33463.40
(29058.80)
H
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F
F
fi
0.35
(404.28)
0.00
(0.00)
0.00
(0.00)
1167.70
(112.80)
436.55
(675.84)
296.42
(662.44)
1078.19
(789.58)
613.41
(1082.19)
1350.08
(1193.06)
4942.70
(4920.19)
546.25
(1373.64) (623.17)
36.00
(43.07)
96.21
(79.79)
6303.74
(3287.80)
3112.77
(1400.50)
1088.81
(1241.32)
0.00
(0.00)
0.00
(0.00)
15.47
(0.00)
12893.95
(8049.29)
189.22
(153.74)
57.01
(64.91)
6472.21
(3338.93)
3056.65
(1499.85)
1119.13
(1170.96)
14.91
(3.06)
3.94
(3.21)
0.00
(0.00)
12892.67
(8048.60)
Borrowings
0.00
(0.00)
P
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1694.70
Foreign
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1972.65
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141
2012-13
1.7
P
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1.7. Exposures
1.7.1 ı
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1.7.1 Exposure to Real Estate Sector
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Year ended 31.03.2013
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Lending fully secured by mortgages on residential property that is or will be occupied by
the borrower or that is rented;
of which, individual housing loans eligible for inclusion in priority sector advances
ii)
3901.58
2992.16
2848.64
2278.23
850.32
1080.09
NIL
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3575.30
8196.30
7647.55
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Lending secured by mortgages on commercial real estates (office buildings, retail space,
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commercial premises, industrial or warehouse space, hotels, land acquisition, development
and construction, etc., including non-fund based (NFB) limits)
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Investments in Mortgage Backed Securities (MBS) and other securitized exposures –
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Fund based and non-fund based exposures on National Housing Bank (NHB) and Housing
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ı
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(As compiled and certified by the Bank's Management)
142
Annual Report
2012-13
1.7.2 —
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1.7.2 Exposure to Capital Market
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F
aŒ
F
U
‹
F
P
∞
Ÿ
F
Wkò F
fi
J
Ê
F
kG
P
ÉÊ
F
©
U
¤
‹
F
[ò F
]E
·
F
◊
k+
∞
P
°
F
Œ
F
=
+
U
=
+
F
gfi
—
F
ı
F
P
Œ
F
P
Õ
F
=
W+
Ê
F
·
F
=
+
F
fi
—
F
X
fi
W©
K
+
µ
F
X
k¤
F
Wk P
Œ
F
Ê
F
WP
Ë
F
∂
F
Œ
F
Ŭ
˘
Y,
¤
F
Wk P
=
+
J
;
F
J
“
∂
‹
F
áF
P
Œ
F
Ê
F
WË
F
ó
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2012
282.33
314.06
NIL
NIL
4.91
6.34
4.40
10.09
21.57
25.56
NIL
NIL
NIL
NIL
NIL
NIL
(ix) ¤
F
F
P
°
F
aŒ
F
Ê
‹
F
F
—
F
F
fi
˘
W∂
F
]ı
©
F
=
+
Ÿ
F
eX
=
+
fi
X
k=
+
X
P
Ê
F
∏
F
—
F
X

F
µ
F
ó
(ix) Financing to stock brokers for margin trading
NIL
NIL
(x) H
√
¤
F
—
F
[k°
F
U
P
Œ
F
P
Õ
F
‹
F
X
k(
—
F
k°
F
U
=
_+
∂
F
J
Ê
F
kE
—
F
k°
F
U
=
_+
∂
F
º
X
Œ
F
X
k)
˘
W∂
F
]ı
F
⁄
F
U
P
Œ
F
Ê
F
WË
F
(x) All exposures to venture capital funds (both registered and un registered)
80.54
56.97
393.75
413.02
(i) Direct Investments in equity shares, convertible bonds, convertible debentures and units of
equity-oriented mutual funds the corpus of which is not exclusively invested in corporate
debts.
(ii)
Ë
F
W‹
F
fi
X
k/Ÿ
F
X
Œ
∞
X
k/P
∞
Ÿ
F
Wkò F
fi
X
k‹
F
F
E
Œ
‹
F
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k‹
F
F
;
F
Yfi
°
F
¤
F
F
Œ
F
∂
F
U
Ê
‹
F
P
É∂
F
‹
F
X
k=
+
X
Ë
F
W‹
F
fi
X
k(
E
F
G
a—
F
U
E
X
/
G
aJ
ı
F
E
X
—
F
U
ı
F
P
˘
∂
F
)
—
F
P
fi
Ê
F
∂
F
aŒ
F
U
‹
F
Ÿ
F
F
Œ
∞
X
k,
—
F
P
fi
Ê
F
∂
F
aŒ
F
U
‹
F
P
∞
Ÿ
F
Ykò F
fi
X
kJ
Ê
F
kG
P
ÉÊ
F
©
U
¤
F
[·
F
=
+
¤
‹
F
[ò F
]E
·
F
◊
k+
∞
=
+
U
G
=
+
F
G
‹
F
X
k¤
F
Wk P
Œ
F
Ê
F
WË
F
˘
W∂
F
]E
P
;
F
e¤
F
ó
(ii) Advances against shares / bonds / debentures or other securities or on clean basis to
individuals for investments in shares (including IPOs /ESOPs), convertible bonds,
convertible debentures and units of equity-oriented mutual funds
(iii)
P
=
+
ı
F
U
E
Œ
‹
F
H
«
WË
‹
F
=
W+
P
·
F
J
E
P
;
F
e¤
F
°
F
F̆
kË
F
W‹
F
fi
‹
F
F
—
F
P
fi
Ê
F
∂
F
aŒ
F
U
‹
F
P
∞
Ÿ
F
Wkò F
fi
‹
F
F
G
P
ÉÊ
F
©
U
¤
F
[·
F
=
+
¤
‹
F
[ò F
]E
·
F
◊
k+
∞
=
+
U
G
=
+
F
G
‹
F
X
k“
F
ª
F
P
¤
F
=
+
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k=
W+
‡
—
F
¤
F
Wk ·
F
U
°
F
F
∂
F
U
˘
Yó
(iii) Advances for any other purposes where shares or convertible bonds or convertible
debentures or units of equity oriented mutual funds are taken as primary security.
(iv)
Ë
F
W‹
F
fi
X
k=
+
X
ı
F
k—
F
F
P
Ë
Ê
F
a=
+
“
P
∂
F
⁄
F
[P
∂
F
‹
F
F
—
F
P
fi
Ê
F
∂
F
aŒ
F
U
‹
F
Ÿ
F
F
gŒ
∞
‹
F
F
—
F
P
fi
Ê
F
∂
F
aŒ
F
U
‹
F
P
∞
Ÿ
F
Wkò F
fi
X
k‹
F
F
G
P
ÉÊ
F
©
U
¤
F
[·
F
=
+
¤
‹
F
[ò F
]E
·
F
◊
k+
∞
=
+
U
G
=
+
F
G
‹
F
X
k¬
F
fi
F
“
P
∂
F
Ë
F
∂
F
ı
F
U
¤
F
F
∂
F
=
+
E
Œ
‹
F
H
«
WË
‹
F
X
k=
W+
P
·
F
J
E
P
;
F
e¤
F
E
ª
F
F
a∂
F
h°
F
F̆
kË
F
W‹
F
fi
X
k/
—
F
P
fi
Ê
F
∂
F
aŒ
F
U
‹
F
Ÿ
F
F
gŒ
∞
X
k/
—
F
P
fi
Ê
F
∂
F
aŒ
F
U
‹
F
P
∞
Ÿ
F
Wkò F
fi
X
/
G
P
ÉÊ
F
©
U
¤
F
[·
F
=
¤
‹
F
[ò F
]E
·
F
◊
k+
∞
=
+
U
G
=
+
F
G
‹
F
X
k¬
F
fi
F
E
P
;
F
e¤
F
—
F
[µ
F
a
“
F
fi
P
áF
∂
F
Œ
F
Ŭ
k˘
Yó
(iv) Advances for any other purposes to the extent secured by the collateral security of shares or
convertible bonds or convertible debentures or units of equity-oriented mutual funds i.e.
where the primary security other than shares/ convertible bonds/ convertible debentures /
units of equity-oriented mutual funds does not fully cover the advances
(v)
ı
©
F
g=
+
Ÿ
F
eX
=
+
fi
X
k=
+
X
°
F
¤
F
F
Œ
F
∂
F
U
J
Ê
F
k;
F
Yfi
°
F
¤
F
F
Œ
F
∂
F
U
E
P
;
F
e¤
F
∂
F
ª
F
F
ı
©
F
g=
+
Ÿ
F
eX
=
+
fi
X
kJ
Ê
F
kŸ
F
F
°
F
F
fi
P
Œ
F
¤
F
F
a∂
F
F
E
X
k=
+
U
E
X
fi
ı
F
W°
F
F
fi
U
;
F
F
fi
kP
©
‹
F
F
kó
(v) Secured and unsecured advances to stock brokers and guarantees issued on behalf of stock
brokers and market makers
(vi)
Ë
F
W‹
F
fi
X
k/Ÿ
F
F
gŒ
∞
X
k/P
∞
Ÿ
F
Wkò F
fi
X
k‹
F
F
E
Œ
‹
F
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k‹
F
F
ı
F
kı
F
F
Õ
F
Œ
F
X
k=
+
U
H
Œ
Œ
F
P
∂
F
˘
W∂
F
]Œ
F
G
a=
k+
—
F
P
Œ
F
‹
F
X
k=
+
U
G
P
ÉÊ
F
©
U
=
W+
—
F
áF
=
W+
“
X
¤
F
X
©
fi
X
k=
W+
‹
F
X
;
F
º
F
Œ
F
=
+
U
—
F
[P
∂
F
a˘
W∂
F
]Ÿ
F
W°
F
¤
F
F
Œ
F
∂
F
U
E
F
Õ
F
F
fi
—
F
fi
=
k+
—
F
P
Œ
F
‹
F
X
k=
+
X
ı
F
kı
Ê
F
U
=
_+
∂
F
K
+
µ
F
ó
(vi) Loan sanctioned to corporate against the security of shares / bonds / debentures or other
securities or on clean basis for meeting promoters contribution to the equity of new
companies in anticipation of raising resources
(vii) E
—
F
WP
áF
∂
F
G
P
ÉÊ
F
©
U
“
Ê
F
F
/̆
P
Œ
F
;
F
a¤
F
=
W+
—
F
áF
¤
F
Wk =
k+
—
F
P
Œ
F
‹
F
X
k=
+
X
∂
F
F
∂
=
+
F
P
·
F
=
+
K
+
µ
F
ó
(vii) Bridge loans to companies against expected equity flows / issues
(viii)
Ë
F
W‹
F
fi
X
k‹
F
F
—
F
P
fi
Ê
F
∂
F
aŒ
F
U
‹
F
Ÿ
F
F
gŒ
∞
X
k‹
F
F
—
F
P
fi
Ê
F
∂
F
aŒ
F
U
‹
F
P
∞
Ÿ
F
Wkò F
fi
X
k‹
F
F
G
P
ÉÊ
F
©
U
¤
F
[·
F
=
+
¤
‹
F
[ò F
]E
·
F
◊
k+
∞
=
W+
“
F
ª
F
P
¤
F
=
+
P
Œ
F
;
F
a¤
F
=
W+
ı
F
kŸ
F
kÕ
F
¤
F
Wk Ÿ
F
Yk=
+
X
k¬
F
fi
F
·
F
U
;
F
G
aP
·
F
P
&
F
∂
F
Ê
F
òF
Œ
F
Ÿ
F
∂
F
F
J
kó
(viii) Underwriting commitments taken up by the Bank in respect of primary issue of shares or
convertible bonds or convertible debentures or units of equity oriented mutual funds
—
F
[k°
F
U
Ÿ
F
F
°
F
F
fi
=
W+
=
]+
·
F
P
Œ
F
Ê
F
WË
F
/ Total Exposure to Capital Market
(Ÿ
F
Yk=
+
“
Ÿ
F
kÕ
F
Œ
F
¬
F
fi
F
ı
F
¤
F
WP
=
+
∂
F
J
Ê
F
k“
¤
F
F
P
µ
F
∂
F
)
(As compiled and certified by the Bank's Management)
143
2012-13
1.7.3 Risk Category-wise Country Exposure
°
F
X
P
&
F
¤
F
Í
F
Wµ
F
U
=
W+
E
Œ
F
]ı
F
F
fi
º
WË
F
U
P
Œ
F
Ê
F
WË
F
Ÿ
F
Yk=
+
Œ
F
WP
Ê
F
P
⁄
F
Œ
Œ
F
º
WË
F
X
k¤
F
Wk 31¤
F
F
òF
a 2013 ∂
F
=
+
=
W+
E
—
F
Œ
F
W°
F
X
P
&
F
¤
F
P
Œ
F
Ê
F
WË
F
=
+
F
P
Ê
F
Ë
·
F
W
F
µ
F The Bank has analyzed its risk exposure to various countries as
st
P
=
+
‹
F
F
˘
Y∂
F
ª
F
F
Ê
F
Yı
F
F
P
Œ
F
Ê
F
WË
F
Ÿ
F
Yk=
+
=
+
U
=
]+
·
F
E
F
P
ı
∂
F
‹
F
X
k=
W+
1% =
+
U
ª
F
eWı
F
X̆
·
∞
ı
F
U
¤
F
F
ı
F
W on 31 March, 2013 and such exposure is less than the threshold
limit of 1% of the total assets of the Bank. In terms of RBI
=
+
¤
FX̆
∂
F
F
˘
Yó ⁄
F
F
fi
∂
F
U
‹
F
P
fi
°
F
Ê
F
aŸ
F
Yk=
+
=
W+
¤
F
F
;
F
aP
Œ
F
º
WaË
F
X
k=
W+
E
Œ
F
]ı
F
F
fi
G
ı
F
P
Œ
F
Ê
F
WË
F
=
W+
P
·
F
J
guidelines,
no provision is required for this exposure.
P
=
+
ı
F
U
“
F
Ê
F
Õ
F
F
Œ
F
=
+
U
E
F
Ê
F
Ë
‹
F
=
+
∂
F
F
Œ
F
Ŭ
k˘
Yó
1.7.3
°
F
X
P
&
F
¤
F
Í
F
Wµ
F
U
=
W+
P
ı̆
F
F
Ÿ
F
ı
F
Wº
WË
F
U
P
Œ
F
Ê
F
WË
F
=
+
U
P
ı
ª
F
P
∂
F
P
Œ
F
¤
Œ
F
F
kP
=
+
∂
F
˘
Y:
The position of risk category-wise country exposure is given below:
°
F
X
P
&
F
¤
F
Í
F
Wµ
F
U
Risk Category
Œ
F
;
F
µ
‹
F
/
Insignificant
P
Œ
F
¤
Œ
F
ı
∂
F
fi
U
‹
F
/
Low
ı
F
F
¤
F
F
Œ
‹
F
/
Moderate
H
òòF
/
High
Ÿ
F
C
∂
F
E
P
Õ
F
=
+
/
Very High
P
Œ
F
‹
F
kP
∑
F
∂
F
/
Restricted
ı
F
¤
F
;
F
e/
Off Credit
=
]+
·
F
/
Total
`
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2013 =
+
X
P
Œ
F
Ê
F
WË
F
(
Ë
F
] )
31.03.2013 =
+
X
P
=
+
J
;
F
J
“
F
Ê
F
Õ
F
F
Œ
F 31.03.2012 =
+
X
P
Œ
F
Ê
F
WË
F
(
Ë
F
] )31.03.2012 =
+
X
P
=
+
J
;
F
J
“
F
Ê
F
Õ
F
F
Œ
F
Exposure (net) as at 31.03.2013
Provision held as at 31.03.2013
Exposure (net) as at 31.03.2012
Provision held as at 31.03.2012
2281.96
0.00
2698.38
0.00
722.62
0.00
809.00
0.00
275.94
0.00
101.17
0.00
0.00
0.00
2.32
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3280.52
0.00
3610.87
0.00
Ÿ
F
Yk=
+
¬
F
fi
F
E
P
∂
F
=
e+
P
¤
F
∂
F
J
=
+
·
F
H
Õ
F
F
fi
=
+
∂
F
F
aı
F
U
¤
F
F
(
J
ı
F
Ÿ
F
U
J
·
F
)
/ ı
F
¤
F
[˘
1.7.4 Details of Single Borrower Limit (SBL)/ Group
Borrower Limits (GBL) exceeded by the Bank
H
Õ
F
F
fi
=
+
∂
F
F
aı
F
U
¤
F
F
(
°
F
U
Ÿ
F
U
J
·
F
)
=
+
F
P
Ê
F
Ê
F
fi
µ
F
:
P
Ê
F
∏
F
U
‹
F
Ê
F

F
a 2012-2013 ¤
F
Wk Ÿ
F
Yk=
+
Œ
F
Wı
F
¤
F
[˘
H
Õ
F
F
fi
=
+
∂
F
F
aı
F
U
¤
F
F
E
Z
fi
J
=
+
·
F
During the Financial Year 2012-13, the Bank has not
H
Õ
F
F
fi
=
+
∂
F
F
aı
F
U
¤
F
F
=
+
X
K
+
µ
F
º
WŒ
F
W¤
F
Wk P
Ê
F
Ê
F
W=
+
—
F
[µ
F
aP
Œ
F
Ê
F
WË
F
ı
F
U
¤
F
F
=
+
F
E
P
∂
F
=
e+
¤
F
µ
F
exceeded the prudential exposure limit in respect of
lending to Group Borrower Limit and Single Borrower
Œ
F
Ŭ
kP
=
+
‹
F
F
˘
Yó
limit.
1.7.5 ;
F
Yfi
°
F
¤
F
F
Œ
F
∂
F
U
E
P
;
F
e¤
F
:
E
P
Õ
F
=
+
F
fi
Ë
F
W‹
F
fi
X
k,
·
F
F
G
ı
F
Wkı
F
X
,
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F
P
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F
=
+
F
fi
E
F
P
º
°
F
Yı
F
W “
⁄
F
F
fi
X
k =
W+
E
¤
F
[∂
F
a 1.7.5 Unsecured Advances :
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k=
W+
E
k∂
F
;
F
a∂
F
=
]+
·
F
E
P
;
F
e¤
F
fl
.
1369.78 =
+
fi
X
∞
s(
P
Ê
F
;
F
∂
F
Ê
F

F
a
Total Advances against intangible securities such as charge
1292.09 =
+
fi
X
∞
s)
ó H
É∂
FE
¤
F
[∂
F
a ı
F
k—
F
F
P
Ë
Ê
F
a=
+=
+
FE
Œ
F
]¤
F
F
P
Œ
F
∂
F¤
F
[·
‹
F
over the rights, licenses, authority, etc. amounted to
fl
.
1684.83 =
+
fi
X
∞
s(
P
Ê
F
;
F
∂
F
Ê
F

F
a 1563.43 =
+
fi
X
∞
s)
ó
`1369.78 Crores (Previous year `1292.09 crores). The
1.7.4
Estimated Value of such intangible collaterals amounted to
`1684.83 Crores (Previous year `1563.43 Crores)
144
Annual Report
2012-13
1.8 Penalty imposed by RBI
1.8 Ê
F

F
a=
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º
Z
fi
F
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F
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F
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fi
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During the year no penalty was imposed by RBI
2.
2.1
2. Disclosures as per Accounting Standards (AS) in terms
⁄
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k(
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)
of RBI guidelines:
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fi
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F
ª
F
F 2.1 AS 5 - Net Profit or Loss for the period, prior period
items and changes in the Accounting Policies
·
F
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F
F
k=
+
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F
Œ
F
U
P
∂
F
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F
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k¤
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fi
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There were no material prior period income/expenditure
—
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F
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F
∂
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U
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items requiring disclosure under AS-5.
∂
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=
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fi
µ
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F
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2.2 AS 9 - Revenue Recognition
2.2 J
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F
9 fi
F
°
F
ı
Ê
F
P
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Õ
F
F
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µ
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Revenue is recognized as per the Accounting Policies
disclosed
in Schedule 17.
fi
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=
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F
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µ
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=
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fi
2.3 AS 15 - Employees Benefits
P
=
+
‹
F
F
;
F
‹
F
F
˘
Yó
2.3
J
J
ı
F
15 =
+
¤
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aò F
F
fi
U
·
F
F
⁄
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ı
F
F
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F
a°
F
P
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F
=
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áF
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F
=
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F
Yk=
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k=
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=
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¤
F
aò F
F
P
fi
‹
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X
k=
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·
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J
—
F
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F
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F
=
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F
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=
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º
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°
F
F
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F
W
J
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kH
—
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F
(
;
F
eWò ‹
F
[©
U
)
ı
F
U
¤
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F
¤
F
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_P
=
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=
+
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fi
µ
F
⁄
F
F
fi
∂
F
U
‹
F
P
fi
°
F
Ê
F
aŸ
F
Yk=
+
=
W+
—
F
P
fi
—
F
∑
F
ı
F
k.
∞
U
Ÿ
F
U
E
X
∞
U
.
Ÿ
F
U
—
F
U
.
Ÿ
F
U
.
ı
F
U
.
80/21.04.018/2010-11
P
º
Œ
F
F
k=
+
09 ◊
+
fi
Ê
F
fi
U
2011 =
W+
“
F
Ê
F
Õ
F
F
Œ
F
X
k=
W+
E
Œ
F
]ı
F
F
fi
‡
.
447.31 =
+
fi
X
∞
s=
+
U
fi
F
P
Ë
F
P
Ê
F
∏
F
U
‹
F
Ê
F

F
a 2010-2011 ı
F
W“
⁄
F
F
Ê
F
U
05 Ê
F

F
X
a=
+
U
E
Ê
F
P
Õ
F
¤
F
Wk ò F
]=
+
F
G
a°
F
F
fĭ
U
˘
Yó ∂
F
º
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F
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F
F
fi
‡
.
89.46 =
+
fi
X
∞
s·
F
F
⁄
F
J
Ê
F
k F̆
P
Œ
F
&
F
F
∂
F
W¤
F
Wk “
⁄
F
F
P
fi
∂
F
P
=
+
J
;
F
J
˘
Yk °
F
X
31 ¤
F
F
òF
a 2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a=
+
U
E
F
Œ
F
]—
F
F
P
∂
F
=
+
fi
F
P
Ë
F
˘
Yó (
P
Ê
F
;
F
∂
F
Ê
F

F
a
89.46 =
+
fi
X
∞
s)
ó 31 ¤
F
F
òF
a 2013 ∂
F
=
+
E
—
F
P
fi
Ë
F
X
P
Õ
F
∂
F
º
W‹
F
∂
F
F
‡
178.93
=
+
fi
X
∞
s˘
Yó (
P
Ê
F
;
F
∂
F
Ê
F

F
a‡
268.39 =
+
fi
X
∞
s)
ó
145
In terms of the provisions of RBI Circular
no.DBOD.BP.BC.80/21.04.018/2010-11dated 9th February,
2011 on Re-opening of Pension Option to Employees of
Public Sector Banks and Enhancement in Gratuity Limits,
`447.31crore is being amortized over a period of five years
with effect from Financial Year 2010-11. Accordingly
`89.46 crore has been charged to the Profit and Loss account
being the proportionate amount for the year ended 31st
March, 2013 (` 89.46 crore for the previous year). The
unamortized liability as at 31st March,2013 stands at `178.93
crore (Previous Year `268.39 crore).
2012-13
=
+
fi
X
∞
s¤
F
Wk /
` in crore
H
—
F
º
F
Œ
F
E
Œ
‹
F
·
F
F
⁄
F
`
=
)
Ÿ
F
F
Õ
‹
F
∂
F
F
E
X
k=
W+
Ê
F
∂
F
a¤
F
F
Œ
F
¤
F
[·
‹
F
¤
F
Wk —
F
P
fi
Ê
F
∂
F
aŒ
F
a)
—
F
WkË
F
Œ
F
Change in the present value of the obligations
Pension
Gratuity
Other Benefits *
Present value of obligation as at the beginning of the Year
2027.72
553.14
177.89
Ÿ
‹
F
F
°
F
·
F
F
;
F
∂
F
/ Interest cost
149.21
40.83
13.12
òF
F
·
F
[ı
F
WÊ
F
F
·
F
F
;
F
∂
F
/ Current Service cost
358.99
25.49
44.48
“
º
∏
F
·
F
F
⁄
F
/ Benefits Paid
325.24
85.58
28.00
Ÿ
F
F
Õ
‹
F
∂
F
F
E
X
k—
F
fi
Ÿ
F
U
¤
F
F
kP
=
+
∂
FF̆
P
Œ
F
/ (·
F
F
⁄
F
)
/ Actuarial Loss/(Gain) on Obligation
106.87
(6.88)
(14.31)
Ê
F

F
a=
W+
E
k∂
F
∂
F
=
+
Ÿ
F
F
Õ
‹
F
∂
F
F
E
X
k=
+
F
Ê
F
∂
F
a¤
F
F
Œ
F
¤
F
[·
‹
F
/ Present value of Obligations at the end of the Year
2317.55
527.00
193.18
Fair Value of Plan assets at the beginning of the Year
1756.82
414.01
131.45
‹
F
X
°
F
Œ
F
F
E
F
P
ı
∂
F
—
F
fi
E
—
F
WP
áF
∂
F
“
P
∂
F
·
F
F
⁄
F
/ Expected Return on Plan Asset
149.33
35.19
11.17
P
Œ
F
‹
F
X
°
F
=
+
=
+
F
E
kË
F
º
F
Œ
F
/ Employer’s contribution
192.24
67.47
58.94
“
º
∏
F
·
F
F
⁄
F
/ Benefits Paid
325.24
85.58
28.00
Ÿ
F
F
Õ
‹
F
∂
F
F
E
X
k—
F
fi
Ÿ
F
U
¤
F
F
kP
=
+
∂
FF̆
P
Œ
F
/ (·
F
F
⁄
F
)/ Actuarial Loss/(Gain) on Obligations
17.18
3.81
20.44
1790.33
434.90
194.00
Ê
F

F
a=
W+
E
k∂
F
∂
F
=
+
‹
F
X
°
F
Œ
F
F
E
F
P
ı
∂
F
=
+
F
H
P
òF
∂
F
¤
F
[·
‹
F
/ Fair Value of Plan Assets at the end of the Year
1790.33
434.90
194.00
∂
F
]·
F
Œ
F
—
F
∑
F
¤
F
Wk ¤
F
F
Œ
‹
F
∂
F
F
“
F
—
∂
F
P
Œ
F
P
Õ
F
fi
P
˘
∂
F
Ë
F
] º
W‹
F
∂
F
F
/ Unfunded Net Liability recognized in Balance Sheet
527.22
92.10
(0.82)
òF
F
·
F
[ı
F
WÊ
F
F
·
F
F
;
F
∂
F
/ Current Service Cost
358.99
25.49
44.48
Ÿ
‹
F
F
°
F
·
F
F
;
F
∂
F
/ Interest Cost
149.21
40.83
13.12
‹
F
X
°
F
Œ
F
F
E
F
P
ı
∂
F
—
F
fi
E
—
F
WP
áF
∂
F
“
P
∂
F
◊
+
·
F
/ Expected return on Plan Asset
149.33
35.19
11.17
Ê
F

F
a¤
F
Wk ¤
F
F
Œ
‹
F
∂
F
F
“
F
—
∂
F
Ë
F
] Ÿ
F
U
¤
F
F
kP
=
+
=
+
(
·
F
F
⁄
F
)
/ F̆
P
Œ
F
/ Net Actuarial (Gain)/Loss recognized in the Year
89.68
(10.68)
(44.30)
·
F
F
⁄
F
E
Z
fi
F̆
P
Œ
F
·
F
W&
F
F
¤
F
Wk ¤
F
F
Œ
‹
F
∂
F
F
“
F
—
∂
F
=
]+
·
F
Ê
‹
F
‹
F
/ Total Expenses recognized in Profit and Loss Account
448.55
20.45
2.13
8.00%
8.00%
8.00%
8.50%
8.50%
8.50%
Ê
F

F
a=
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F
fi
k⁄
F
∂
F
=
+
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F
F
Õ
‹
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∂
F
F
E
X
k=
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a¤
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F
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¤
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&
F
)
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X
°
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E
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=
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¤
F
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¤
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Wk —
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P
fi
Ê
F
∂
F
aŒ
F
b)
Change in Fair Value of Plan Asset
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F

F
a=
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E
F
fi
k⁄
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¤
F
Wk ‹
F
X
°
F
Œ
F
F
E
F
P
ı
∂
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=
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F
H
P
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∂
F
¤
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[·
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F
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F

F
a=
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k∂
F
∂
F
=
+
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F
F
Õ
‹
F
∂
F
F
E
X
k=
+
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H
P
òF
∂
F
¤
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[·
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F
/ Fair Value of Obligations at the end of the Year
;
F
)
—
F
[Ê
F
aÊ
F
∂
F
U
aÊ
F

F
a=
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k∂
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=
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F
E
X
k=
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a¤
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F
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E
F
=
+
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·
F
∂
F
¤
F
[·
‹
F
c)
Estimated Present value of Obligations as at the end of the Previous Year
f
F
)
·
F
F
⁄
F
J
Ê
F
k F̆
P
Œ
F
¤
F
Wk ¤
F
F
Œ
‹
F
∂
F
F
“
F
—
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F
Ê
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F
‹
F
d)
Expenses Recognized in Profit and Loss
ë ~
)
∂
F
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—
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∑
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=
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¤
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U
¤
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F
kP
=
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F
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(
⁄
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F
P
fi
∂
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E
Z
ı
F
∂
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=
W+
‡
—
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¤
F
Wk E
P
⁄
F
Ê
‹
F
É∂
F
)
e)
Principal actuarial assumptions at the Balance Sheet Date (expressed as weighted average)
Ÿ
F
™
F
º
fi
/ Discount Rate
‹
F
X
°
F
Œ
F
F
E
F
P
ı
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F
‹
F
X
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fi
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F
P
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F
∂
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º
fi
Expected rate of return on Plan Assets
“
‹
F
X
;
F
=
+
U
;
F
G
a—
F
P
∂
F
/ Method Used
*
—
F
P
fi
‹
F
X
P
°
F
∂
F
‹
F
[P
Œ
F
©
=
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∞
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—
F
P
∂
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/ Projected Unit Credit Method
E
Œ
‹
F
·
F
F
⁄
F
X
k¤
F
Wk E
P
°
F
a∂
F
ö ]™
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,
E
F
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X
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:
H
—
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fi
µ
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FE
F
=
+
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=
+
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+
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fi
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=
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fi
—
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X
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a—
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fi
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F
Õ
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F
P
fi
∂
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˘
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Other Benefits include Privilege Leave, Casual leave, Sick Leave and
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2.5
2.5
Related Party Disclosures (AS-18)
2.5.1 Names of the related parties and their relationship with
the Bank:
Associates (Regional Rural Bank)
i.
Assam Gramin Vikash Bank
ii. Bangiya Gramin Vikash Bank
iii. Manipur Rural Bank
iv. Tripura Gramin Bank
2.5.2 Key Management Personnel
(i)
(ii)
(iii)
(iv)
Mr. Bhaskar Sen. - Chairman and Managing Director
Mr.S.L.Bansal - Executive Director
Mr. Deepak Narang - Executive Director
Mr. Sanjay Arya - Executive Director
Remuneration Paid to Key Management Personnel:
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#28,89,373.00
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Note: (a) The transactions with Associates have not been disclosed in view of Para 9 of AS-18, which exempts State Controlled Enterprises from making any disclosure
pertaining to their transactions with other related parties, which are State Controlled Enterprises.
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148
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˘
Yó
a)
Lease rent paid for operating leases are recognized as an expense in the Profit & Loss Account in the year to which it relates.
&
F
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—
F
P
fi
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];
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F
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;
‹
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=
+
fi
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F
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F
fi
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ı
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·
F
∂
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J
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F
k“
¤
F
F
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µ
F
∂
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)
b)
Future Lease Rent Payable for operating lease: (As compiled and certified by Management)
`
=
e+
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ı
F
k.
Sl. No.
1.
P
Ê
F
Ê
F
fi
µ
F
31.03.2013 ∂
F
=
+
As At 31.03.2013
49.34
Particulars
1Ê
F

F
aı
F
WE
P
Õ
F
=
+
Œ
F
Ŭ
k / Not later than 1 year
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2012 ∂
F
=
+
As At 31.03.2012
42.74
2.
1Ê
F

F
aı
F
WE
P
Õ
F
=
+
P
=
+
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∂
F
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F

F
aı
F
WE
P
Õ
F
=
+
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F
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k / Later than 1 year but not later than 5 years
181.13
3.
5Ê
F

F
aı
F
WE
P
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F
=
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/ Later than 5 years
=
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·
F
‹
F
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;
F
/ Total
·
F
F
⁄
F
J
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k F̆
P
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F
¤
F
Wk “
⁄
F
F
P
fi
∂
F
fi
F
P
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F
/ Amount charged to Profit & Loss Account
180.54
179.49
411.03
386.60
58.07
63.11
164.36
i) ⁄
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F
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F
U
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F
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F
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F
ı
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∂
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a—
F
fi
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∂
F
F
˘
Yó
i) Future lease rents and escalation in the rent are determined on the basis of agreed terms.
ii) “
ª
F
¤
F
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F
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h©
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F
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F
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fi
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;
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F
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F
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·
—
F
fĭ
∂
F
F
˘
Yó
ii) At the expiry of the initial lease term, generally the bank has an option to extend the lease for a further pre determined period.
J
ı
F
20 “
2.7 J
P
∂
F
Ë
F
W‹
F
fi
E
F
‹
F
:
2..7 AS 20 - Earnings per Share :
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

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a
`
31.03.2013 =
+
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ı
F
¤
F
F
—
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F
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a
P
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F
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F
fi
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F
/ Particulars
G
P
ÉÊ
F
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U
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F
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fi
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F
F
fi
=
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k=
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·
F
J
=
+
fi
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Õ
F
F
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F
=
W+
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F
F
º
H
—
F
·
F
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Õ
F
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F
] ·
F
F
⁄
F
(
`=
+
fi
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∞
s¤
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Wk)
Year ended 31.03.2013
Net Profit after tax available for Equity Share Holders (` in Crore)
G
P
ÉÊ
F
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U
Ë
F
W‹
F
fi
X
k=
+
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⁄
F
F
P
fi
∂
F
E
Z
ı
F
∂
F
ı
F
k&
‹
F
F
/
Weighted Average number of Equity Shares
“
P
∂
F
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F
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F
fi
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—
F
‹
F
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¤
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[·
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J
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=
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F
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/
Basic and Diluted Earnings per Share(`)
“
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∂
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fi
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‹
F
W)
ı
F
F
¤
F
F
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F
¤
F
[·
‹
F
/
Nominal Value per Share(`)
Year ended 31.03.2012
312.35
544.20
36,17,12,488
34,45,56,508
8.64
15.79
10.00
10.00
J
ı
F
21 ı
2.8 J
F
¤
F
WP
=
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F
U
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P
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fi
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J
J
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23- ı
F
¤
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=
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F
U
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F
P
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F
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F
fi
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X
k¤
F
Wk ı
F
F̆
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F
=
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ı
F
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ª
F
F
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Wk P
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F
WË
F
=
+
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·
F
W&
F
F
ó
2.8 AS 21 - Consolidated Financial Statement / AS 23 - Accounting for Investments in Associates in Consolidated Financial
Statements
Ÿ
F
Yk=
+
=
+
U
=
+
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G
aı
F
F̆
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=
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ı
F
kı
ª
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F
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F
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k˘
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fi
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·
F
J
J
J
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21 E
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fi
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J
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23 ·
F
F
;
F
[Œ
F
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The Bank does not have any subsidiary and as such, AS-21 and AS-23 are not applicable.
2.9 J
J
ı
F
22 - E
F
‹
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—
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fi
=
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fi
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k=
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·
F
W&
F
F
2.9 AS 22 - Accounting for Taxes on Income
(
=
+
)
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
F
a=
W+
º
Z
fi
F
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F
E
F
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F
=
+
fi
=
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“
F
Ê
F
Õ
F
F
Œ
F
P
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F
¤
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F
P
·
F
P
&
F
∂
F
˘
Y:
(a) Provision for Income Tax during the year is given below:
`
P
Ê
F
Ê
F
fi
µ
F
/ Particulars
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2013
E
F
‹
F
=
+
fi
=
W+
“
F
Ê
F
Õ
F
F
Œ
F
/Provision for Income Tax
99.00
149
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2012
216.00
2012-13
(
&
F
)
E
F
ı
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F
P
;
F
∂
F
=
+
fi
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F
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F
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X
k=
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ı
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kf
F
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=
+
P
Œ
F
¤
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F
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·
F
P
&
F
∂
F
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Y:
(b) The major components of Deferred Tax Assets/Liabilities are as follows:
P
Ê
F
Ê
F
fi
µ
F
/ Particulars
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

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a
Year ended 31.03.2013
E
F
ı
ª
F
P
;
F
∂
F
=
+
fi
E
F
P
ı
∂
F
‹
F
F
c/Deferred Tax Assets
=
+
¤
F
aò F
F
P
fi
‹
F
X
k=
W+
P
·
F
J
·
F
F
⁄
F
/Employees benefits
E
Œ
‹
F
¤
F
º
Wk/Other items
ı
ª
F
F
‹
F
U
E
F
P
ı
∂
F
‹
F
X
k—
F
fi
¤
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[·
‹
F
A
F
ı
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/Depreciation on Fixed Assets
E
F
ı
ª
F
P
;
F
∂
F
=
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fi
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∂
F
F
J
c/Deferred Tax Liabilities
ı
ª
F
F
‹
F
U
E
F
P
ı
∂
F
‹
F
X
k—
F
fi
¤
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[·
‹
F
A
F
ı
F
/Depreciation on fixed assets
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2012
118.95
9.57
16.22
2.38
97.17
2.67
5.56
4.52
-
-
-
-
J
ı
F
28 - E
2.10 J
F
P
ı
∂
F
‹
F
X
k=
+
U
F̆
P
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2.10. AS 28 - Impairment of Assets
ı
ª
F
F
‹
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E
F
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k=
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G
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·
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a˘
Yó E
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:
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‹
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=
+
∂
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F
Ŭ
k˘
Yó
There is no indication of any material impairment of fixed assets and consequently no provision is required.
2.11 J
J
ı
F
29 - “
F
Ê
F
Õ
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F
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F
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=
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F
P
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∂
F
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F
c
2.11. AS 29 - Provisions, Contingent Liabilities and Contingent Assets
·
F
W&
F
F
=
W+
E
kË
F
Ê
F
F
·
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X
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=
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]aÉ ∂
F
ı
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F
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F
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k—
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fi
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—
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[µ
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a“
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F
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X
k¤
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Wk —
F
P
fi
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∂
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aŒ
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=
+
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·
·
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W&
F
P
=
+
‹
F
F
;
F
‹
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F
˘
Yó
Movements in significant Provisions and Contingent Liabilities have been disclosed at the appropriate places in the Notes forming
part of the accounts.
3.
3.
E
P
∂
F
P
fi
É∂
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=
+
©
U
=
+
fi
µ
F
Additional Disclosures
3.1 “
F
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F
F
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F
J
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kE
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=
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P
ı
¤
F
=
+
∂
F
F
J
k
3.1 Provision and Contingencies
`
·
F
F
⁄
F
J
Ê
F
k F̆
P
Œ
F
·
F
W&
F
F
¤
F
Wk Ê
‹
F
‹
F
Ë
F
U

F
a=
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E
k∂
F
;
F
a∂
F
“
º
P
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F
a∂
F
‘“
F
Ê
F
Õ
F
F
Œ
F
X
kJ
Ê
F
kE
F
=
+
P
ı
¤
F
=
+
∂
F
F
E
X
k’ =
+
F
P
Ê
F
Ë
·
F
W
F
µ
F
Break-up of ‘Provisions and Contingencies’ shown under the head “Expenditures
in Profit and Loss Account
P
Œ
F
Ê
F
WË
F
—
F
fi
¤
F
[·
‹
F
A
F
ı
F
=
W+
P
·
F
J
“
F
Ê
F
Õ
F
F
Œ
F
/ Provisions for depreciation on Investment
E
Œ
F
°
F
a=
+
E
F
P
ı
∂
F
‹
F
X
k(
K
+
µ
F
J
Ê
F
kE
P
;
F
e¤
F
)
˘
W∂
F
]“
F
Ê
F
Õ
F
F
Œ
F
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a 31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2013
Year ended 31.03.2012
27.52
79.14
Provision towards NPA(Loans and Advances)
1010.45
689.95
¤
F
F
Œ
F
=
+
E
F
P
ı
∂
F
˘
W∂
F
]“
F
Ê
F
Õ
F
F
Œ
F
/ Provision towards Standard Assets
E
F
‹
F
=
+
fi
˘
W∂
F
]“
F
Ê
F
Õ
F
F
Œ
F
/ Provision made towards Income Tax
E
Œ
‹
F
“
F
Ê
F
Õ
F
F
Œ
F
J
Ê
F
kE
F
=
+
P
ı
¤
F
=
+
∂
F
F
J
c
181.65
86.61
99.00
216.00
448.42
144.00
(109.38)
10.40
0.34
(29.79)
1658.00
1196.31
Other Provisions and Contingencies
-=
+
¤
F
aò F
F
P
fi
‹
F
X
k=
W+
·
F
F
⁄
F
˘
W∂
F
]“
F
Ê
F
Õ
F
F
Œ
F
(
J
J
ı
F
15)
- Provision for Employee Benefit (AS-15)
-∞
U
©
U
J
ı
F
—
F
fi
E
F
‹
F
=
+
fi
˘
W∂
F
]“
F
Ê
F
Õ
F
F
Œ
F
- Provision against Income on DTA
-E
Œ
‹
F
“
F
Ê
F
Õ
F
F
Œ
F
- Provision for Others
=
]+
·
F
/
Total
150
Annual Report
P
ı
ª
F
fi
“
F
Ê
F
Õ
F
F
Œ
F
3.2 E
3.2 Floating Provisions:
`
P
Ê
F
Ê
F
fi
µ
F
/
Particulars
=
+
)
E
F
fi
kP
⁄
F
=
+
Ë
F
W
F
/ a) Opening Balance
&
F
)
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
P
=
+
J
;
F
J
/ b) Made during the Year
;
F
)
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
E
F
˘
fi
µ
F
¬
F
fi
F
=
+
¤
F
U
/ c) Draw down during the
(
f
F
)
E
k∂
F
Ë
F
W
F
(
=
+
+&
F
;
F
)
/ d) Closing balance (a+b-c)
2012-13
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a 31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2013
Year ended 31.03.2012
Year
157.48
157.48
NIL
NIL
NIL
NIL
157.48
157.48
3.3 P
fi
r°
F
Ê
F
aı
F
WE
F
˘
fi
µ
F
¬
F
fi
F
=
+
¤
F
U
3.3 Draw Down from Reserves:
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
P
fi
°
F
Ê
F
aı
F
WE
F
˘
fi
µ
F
¬
F
fi
F
=
+
X
G
a=
+
¤
F
U
Œ
F
Ŭ
kC
G
aó
There was no Draw down from reserves during the year.
3.4 P
Ë
F
=
+
F
‹
F
∂
F
X
k=
+
F
“
=
+
©
U
=
+
fi
µ
F
:
3.4 Disclosure of complaints :
=
+
)
;
F
eF
˘
=
+
P
Ë
F
=
+
F
‹
F
∂
F
Wk
a)
Customer Complaints
/ (a) No. of complaints pending at the beginning of the Year
(
=
+
)
Ê
F

F
a=
W+
“
F
fi
k⁄
F
∂
F
=
+
·
F
kP
Ÿ
F
∂
F
P
Ë
F
=
+
F
‹
F
∂
F
X
k=
+
U
ı
F
k&
‹
F
F
(
&
F
)
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
“
F
—
∂
F
P
Ë
F
=
+
F
‹
F
∂
F
X
k=
+
U
ı
F
k&
‹
F
F
/ (b) No. of complaints received during the Year
(
;
F
)
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
P
Œ
F
Ê
F
F
P
fi
∂
F
P
Ë
F
=
+
F
‹
F
∂
F
X
k=
+
U
ı
F
k&
‹
F
F
/ (c) No. of complaints redressed during the Year
(
f
F
)
Ê
F

F
a=
W+
E
k∂
F
∂
F
=
+
·
F
kP
Ÿ
F
∂
F
P
Ë
F
=
+
F
‹
F
∂
F
X
k=
+
U
ı
F
k&
‹
F
F
/ (d) No. of complaints pending at the end of the Year
118
2721
2682*
157
*G
ı
F
¤
F
WÊ
F

F
a=
W+
Ë
F
]fl
E
F
∂
F
¤
F
Wk ·
F
P
¤
Ÿ
F
∂
F
P
Ë
F
=
+
F
‹
F
∂
F
Ë
F
F
P
¤
F
·
F
˘
Y,
P
°
F
ı
F
WP
Ê
F
∏
F
U
‹
F
Ê
F

F
a 2012-13 =
W+
º
Z
fi
F
Œ
F
P
Œ
F
Ê
F
F
fi
µ
F
P
=
+
‹
F
F
;
F
‹
F
F
ó
* These include the complaints pending at the beginning of the year which were redressed in financial year 2012-13
&
F
)
Ÿ
F
YkP
=
k+
;
F
·
F
X
=
+
—
F
F
·
F
¬
F
fi
F
—
F
F
P
fi
∂
F
E
P
Õ
F
P
Œ
F
µ
F
a‹
F
b) Awards passed by the Banking Ombudsman
(
=
+
)
Ê
F

F
a=
W+
“
F
fi
k⁄
F
∂
F
=
+
E
=
+
F
‹
F
F
aP
Œ
Ê
F
∂
F
E
P
Õ
F
P
Œ
F
µ
F
a‹
F
X
k=
+
U
ı
F
k&
‹
F
F
(a)
No. of unimplemented Awards at the beginning of the Year
3
(
&
F
)
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
Ÿ
F
YkP
=
k+
;
F
·
F
X
=
+
—
F
F
·
F
¬
F
fi
F
—
F
F
P
fi
∂
F
E
P
Õ
F
P
Œ
F
µ
F
a‹
F
X
k=
+
U
ı
F
k.
(b)
No. of Awards passed by the Banking Ombudsman during the Year
9
(
;
F
)
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
=
+
F
‹
F
F
aP
Œ
Ê
F
∂
F
E
P
Õ
F
P
Œ
F
µ
F
a‹
F
X
k=
+
U
ı
F
k.
(c)
No. of Awards implemented during the Year
11
(
f
F
)
Ê
F

F
a=
W+
E
k∂
F
∂
F
=
+
E
=
+
F
‹
F
F
aP
Œ
Ê
F
∂
F
E
P
Õ
F
P
Œ
F
µ
F
a‹
F
X
k=
+
U
ı
F
k.
(d)
No. of unimplemented Awards at the end of the Year
1
3.5 Disclosure of Letter of Comforts (LoCs) issued by the
Bank
=
+
)
òF
F
·
F
[P
Ê
F
∏
F
U
‹
F
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
=
eW+
∂
F
F
E
X
k=
+
X
K
+
µ
F
ı
F
]P
Ê
F
Õ
F
F
H
—
F
·
F
Ÿ
Õ
F
=
+
fi
F
Œ
F
W˘
W∂
F
]Ÿ
F
Yk=
+ a) During the current financial year the Bank has issued 368
Œ
F
W‡
.
3168.00 =
+
fi
X
∞
s(
P
Ê
F
;
F
∂
F
Ê
F

F
a¤
F
Wk fl
.
806.00 =
+
fi
X
∞
s)
=
+
U
fi
F
P
Ë
F
=
W+
nos LoCs Previous Year 118 amounting to `3168.00 crore
368 (
P
Ê
F
;
F
∂
F
Ê
F

F
a¤
F
Wk 118)
J
·
F
E
X
ı
F
U
°
F
F
fi
U
P
=
+
J
ó
(Previous Year `806.00 crore) for providing Buyers Credit
facility.
&
F
)
31.03.2013 ∂
F
=
+
‡
.
2299.91 =
+
fi
X
∞
s(
P
Ê
F
;
F
∂
F
Ê
F

F
a¤
F
Wk fl
.
493.17 =
+
fi
X
∞
s)
b) There are 231 nos (Previous Year 112) of outstanding LoCs
=
W+
231 (
P
Ê
F
;
F
∂
F
Ê
F

F
a¤
F
Wk 112)
Ÿ
F
=
+
F
‹
F
F
J
·
F
E
X
ı
F
U
˘
Yó
as on 31.03.2013 amounting to ` 2299.91 crore (Previous
year ` 493.17 crore).
3.6 “
F
Ê
F
Õ
F
F
Œ
F
=
+
Ê
F
fi
W°
F
E
Œ
F
]—
F
F
∂
F
(
—
F
U
ı
F
U
E
F
fi
)
3.6 Provision Coverage Ratio (PCR)
31.03.2013 ∂
F
=
+
Ÿ
F
Yk=
+
=
+
F“
F
Ê
F
Õ
F
F
Œ
F=
+
Ê
F
fi
W°
FE
Œ
F
]—
F
F
∂
F(
—
F
U
ı
F
U
E
F
fi
) The provision coverage ratio (PCR) for the Bank as on 31st
62.50% ˘
YP
°
F
ı
F
=
+
F
ı
F
k;
F
µ
F
Œ
F
Ÿ
F
Yk=
+
¬
F
fi
F
P
=
+
J
;
F
J
=
]+
·
F
∂
F
=
+
Œ
F
U
=
+
U
Ÿ
F
™
F
March 2013 is 62.50 %, which is calculated taking into
&
F
F
∂
F
F
=
+
fi
µ
F
=
+
X
Õ
‹
F
F
Œ
F
¤
F
Wk fi
&
F
=
+
fi
P
=
+
‹
F
F
°
F
F
∂
F
F
˘
Yó
account the total technical write offs made by the Bank.
3.5
Ÿ
F
Yk=
+
¬
F
fi
F
°
F
F
fi
U
òF
]=
+
Z
∂
F
U
E
F
Ë
Ê
F
F
ı
F
F
Œ
F
—
F
∑
F
(
J
·
F
E
X
ı
F
U
)
=
+
F
“
=
+
©
U
=
+
fi
µ
F
151
2012-13
3.7 Ÿ
F
Yk=
+
J
Ë
‹
F
X
fi
WkË
F
Ê
‹
F
Ê
F
ı
F
F
‹
F
:
3.7 Bancassurance Business:
`
P
Ê
F
Ê
F
fi
µ
F
/
Particulars
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2013
°
F
U
Ê
F
Œ
F
Ÿ
F
U
¤
F
F
Ê
‹
F
Ê
F
ı
F
F
‹
F
/ Life Insurance Business
;
F
Yfi
°
F
U
Ê
F
Œ
F
Ÿ
F
U
¤
F
F
Ê
‹
F
Ê
F
ı
F
F
‹
F
/ Non Life Insurance Business
¤
‹
F
[ò F
]E
·
F
◊
k+
∞
/ Mutual Funds
E
Œ
‹
F
/ Others
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2012
7.45
10.07
3.25
3.53
0.01
0.17
NIL
NIL
3.8 °
F
¤
F
F
E
X
k,
E
P
;
F
e¤
F
X
k,
P
Œ
F
Ê
F
WË
F
X
kJ
Ê
F
kJ
Œ
F
—
F
U
J
=
+
F
ı
F
=
Wk+
Œ
Ω
U
=
+
fi
µ
F
3.8 Concentration of deposits, Advances, Exposures and NPAs:
3.8.1 °
F
¤
F
F
E
X
k=
+
F
ı
F
=
Wk+
Œ
Ω
U
=
+
fi
µ
F
3.8.1 Concentration of Deposits
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
`
P
Ê
F
Ê
F
fi
µ
F
/
Particulars
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2013
Year ended 31.03.2012
Ÿ
F
U
ı
F
ı
F
Ÿ
F
ı
F
WŸ
F
∞
sW °
F
¤
F
F
=
+
∂
F
F
aE
X
k=
+
F
=
]+
·
F
°
F
¤
F
F
Total Deposits of twenty largest depositors
7036
5386
6.99%
6.04%
Ÿ
F
Yk=
+
=
W+
=
]+
·
F
°
F
¤
F
F
E
X
k=
W+
ı
F
F
—
F
Wá F
Ÿ
F
U
ı
F
ı
F
Ÿ
F
ı
F
WŸ
F
∞
sW °
F
¤
F
F
=
+
∂
F
F
aE
X
k=
W+
°
F
¤
F
F
=
+
F
“
P
∂
F
Ë
F
∂
F
Percentage of Deposits of twenty largest depositors to Total Deposits of the Bank
3.8.2 E
P
;
F
e¤
F
X
k=
+
F
ı
F
=
Wk+
Ω
U
=
+
fi
µ
F
3.8.2 Concentration of Advances
`
P
Ê
F
Ê
F
fi
µ
F
/
Particulars
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2013
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2012
Ÿ
F
U
ı
F
ı
F
Ÿ
F
ı
F
WŸ
F
∞
sW H
Õ
F
F
fi
=
+
∂
F
F
aE
X
k=
+
F
=
]+
·
F
E
P
;
F
e¤
F
Total Advances to twenty largest borrowers
11731.12
14976.25
16.83%
23.45%
Ÿ
F
Yk=
+
=
W+
=
]+
·
F
E
P
;
F
e¤
F
=
W+
ı
F
F
—
F
Wá F
Ÿ
F
U
ı
F
Ÿ
F
∞
sW H
Õ
F
F
fi
=
+
∂
F
F
aE
X
k=
W+
E
P
;
F
e¤
F
=
+
F
“
P
∂
F
Ë
F
∂
F
Percentage of Advances to twenty largest borrowers to Total Advances of the Bank
3.8.3 P
Œ
F
Ê
F
WË
F
X
k=
+
F
ı
F
=
Wk+
Œ
Ω
U
=
+
fi
µ
F
3.8.3 Concentration of Exposures
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
`
P
Ê
F
Ê
F
fi
µ
F
/
Particulars
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2013
Year ended 31.03.2012
Ÿ
F
U
ı
F
ı
F
Ÿ
F
ı
F
WŸ
F
∞
sW K
+
µ
F
=
+
∂
F
F
aE
X
k/;
F
eF
˘
=
+
X
k=
+
F
=
]+
·
F
P
Œ
F
Ê
F
WË
F
Total Exposure to twenty largest borrowers/Customers
13465.01
16184.65
15.68%
15.20%
K
+
µ
F
=
+
∂
F
F
aE
X
k/;
F
eF
˘
=
+
X
k—
F
fi
Ÿ
F
Yk=
+
=
W+
=
]+
·
F
P
Œ
F
Ê
F
WË
F
=
+
U
∂
F
]·
F
Œ
F
F
¤
F
Wk Ÿ
F
U
ı
F
ı
F
Ÿ
F
ı
F
WŸ
F
∞
sW
K
+
µ
F
=
+
∂
F
F
aE
X
k/;
F
eF
˘
=
+
X
k=
W+
P
Œ
F
Ê
F
WË
F
=
+
F
“
P
∂
F
Ë
F
∂
F
Percentage of Exposure to twenty largest borrowers/customers to
Total Exposure of the Bank on borrowers/ customers
3.8.4 J
Œ
F
—
F
U
J
=
+
F
ı
F
=
Wk+
Œ
Ω
U
=
+
fi
µ
F
:
3.8.4 Concentration of NPAs :
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
`
P
Ê
F
Ê
F
fi
µ
F
/
Particulars
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2013
Year ended 31.03.2012
Ë
F
U

F
aò F
F
fi
J
Œ
F
—
F
U
J
&
F
F
∂
F
X
k=
+
F
=
]+
·
F
P
Œ
F
Ê
F
WË
F
Total Exposure to top four NPA accounts
539.72
152
585.52
Annual Report
3.9 á F
W∑
F
Ê
F
F
fi
J
Œ
F
—
F
U
J
3.9. Sector – wise NPAs:
=
e+
¤
F
ı
F
k.
Sl. No.
`=
+
fi
X
∞
s¤
F
Wk /
` in crore
H
ı
F
áF
W∑
F
¤
F
Wk =
]+
·
F
E
P
;
F
e¤
F
=
W+
¤
F
]=
+
F
Ÿ
F
·
F
WJ
Œ
F
—
F
U
J
=
+
FH
ı
F
áF
W∑
F
¤
F
Wk =
]+
·
F
E
P
;
F
e¤
F
=
W+
¤
F
]=
+
F
Ÿ
F
·
F
WJ
Œ
F
—
F
U
J
=
+
F
“
P
∂
F
Ë
F
∂
F
31.03.2013
“
P
∂
F
Ë
F
∂
F
31.03.2012
áF
W∑
F
Sector
Percentage of NPAs to Total Advance in
that sector – 31.03.2013
Percentage of NPAs to Total Advance in
that sector – 31.03.2012
4.24%
3.68%
=
_+
P

F
J
Ê
F
kı
F
kŸ
F
=
+
F
‹
F
a=
+
·
F
F
—
F
1.
1.
Agriculture and Allied activities
2.
2.
Industry(Micro and Small, Medium and Large)
5.72%
2.65%
ı
F
WÊ
F
F
J
Wk / Services
Ê
F
Y‹
F
P
É∂
F
=
+
K
+
µ
F
+
/ Personal Loans
3.46%
5.08%
1.87%
2.88%
3.
4.
2012-13
H
√
X
;
F
(
ı
F
[á ¤
F
J
Ê
F
k·
F
f
F
],
¤
F
§
F
Z
·
F
WJ
Ê
F
kŸ
F
∞
sW)
3.10 J
Œ
F
—
F
U
J
ı
F
kò F
fi
µ
F
:
3.10 Movement of NPAs:
=
+
fi
X
∞
s¤
F
Wk /
` in crore
31.03.2012 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
`
P
Ê
F
Ê
F
fi
µ
F
/
Particulars
31.03.2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a
Year ended 31.03.2013
, 2012 =
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Gross NPAs as on 1st Apri, 2012
Year ended 31.03.2012
2176.42
1355.78
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Additions (Fresh NPAs) during the Year
2484.84
1964.22
4661.26
3320.00
228.14
579.64
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375.31
331.09
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1093.99
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31.03.2013 =
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Year ended 31.03.2012
1611.89
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3.12 Off-Balance Sheet SPVs sponsored (which are required to be consolidated as per Accounting norms)
31.03.2013 =
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fi
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W `39,63,484.75 =
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fi
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F
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3.13
4.
(Amount in `)
Revenue Nature
Capital Nature
38,23,484.75
1,40,000.00
1,40,000.00
38,23,484.75
3.14
a) Registration formalities are pending in case of one
property costing `1.88 crore, WDV as on 31.03.2013
`1.28 crores (Previous Year `1.24 crore).
b) Premises include leased properties amounting to `29.49
crore (net of amortization) (Previous Year: `15.53
crore).
Disclosure under Accounting Standard 12 (AS 12)
During the year `39,63,484.75 has been received in the
form of subsidies/grants/incentives from RBI and State
Government as below:
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F
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3.15
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` 2.10 (21%) =
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The Board of Directors has recommended dividend of
st
`2.10 (21%) per equity share for the year ended 31 March
2013 subject to approval of the shareholders.
Previous Year’s figures have been regrouped / rearranged
wherever considered necessary to make them comparable
with those of the current year.
‹
F
˘
31.03.2013 =
+
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E
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18 =
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This is the part of Schedule-18 as on 31.03.2013
Í
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Mrs. Archana Bhargava
Sandeep Kumar
Mrs. Surekha Marandi
Sunil Goyal
Srenik Sett
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Chairperson & Managing Director
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Deepak Narang
Hiranya Bora
Kiran B. Vadodaria
Saumen Majumder
Pijush Kanti Ghosh
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Sanjay Arya
Ambarisha Nanda
Vikas S. Khutwad
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General Manager
General Manager
Dy. General Manager
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M/s. M.C. Bhandari & Co. M/s. Ramesh C.
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∂
F
F
ı
F
k.
076263
ı
F
º
ı
‹
F
∂
F
F
ı
F
k.
069596
ı
F
º
ı
‹
F
∂
F
F
ı
F
k.
065286
ı
F
º
ı
‹
F
∂
F
F
ı
F
k.
408904
ı
F
º
ı
‹
F
∂
F
F
ı
F
k.
090130
Membership No. 057393
Membership No. 076263
Membership No. 069596
Membership No. 065286
Membership No. 408904
Membership No. 090130
P
º
Œ
F
F
k=
+
:
14.05.2013
ı
ª
F
F
Œ
F
:
=
+
X
·
F
=
+
F
∂
F
F
Date : 14.05.2013
Place : Kolkata
154
Annual Report
2012-13
31 ¤
F
F
òF
a,
2013 =
+
X
ı
F
¤
F
F
—
∂
F
Ê
F

F
a=
+
F
Œ
F
=
+
º
U
“
Ê
F
F
˘
P
Ê
F
Ê
F
fi
µ
F
/ CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH, 2013
(Rs.in ‘000)
For the year ended
31st March 2013
31st March 2012
=
+ —
F
P
fi
òF
F
·
F
Œ
F
;
F
∂
F
P
=
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‹
F
F
=
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F
F
—
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X
kı
F
WŒ
F
=
+
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F
F
˘
A
CASH FLOW FROM OPERATING ACTIVITIES
=
+
fi
=
W+
—
F
Ë
òF
F
∂
F
Ë
F
] ·
F
F
⁄
F
Net Profit after Tax
‹
F
X
;
F
:
E
F
‹
F
=
+
fi
/ Add: Income Tax
=
+
fi
=
W+
—
F
[Ê
F
a·
F
F
⁄
F
/ Profit before Tax
ı
F
¤
F
F
‹
F
X
°
F
Œ
F
=
W+
P
·
F
J
3,919,042
6,325,302
990,000
2,160,000
4,909,042
8,485,302
Adjustment for
ı
ª
F
F
‹
F
U
E
F
P
ı
∂
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‹
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[·
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A
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/ Depreciation on Fixed Assets
f
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©
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fi
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/ Less: Amount drawn from Revaluation Reserve
ı
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F
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⁄
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(
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/ F̆
/ Profit/Loss on Sale of Fixed Assets (Net)
P
Œ
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[·
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(
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/
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Depreciation/Provision for Investments (Net)
¤
F
F
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F
=
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F
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ı
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k=
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·
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J
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F
.
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.
J
E
P
;
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k=
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·
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F
F
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/ Provision for NPA Advances
E
Œ
‹
F
“
F
Ê
F
Õ
F
F
Œ
F
(
Ë
F
] )
/ Other Provisions (Net)
E
Õ
F
U
Œ
F
ı
ª
F
Ÿ
F
F
gŒ
∞
X
k—
F
fi
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‹
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F
°
F
/ Interest on Subordinated Bonds
—
F
P
fi
òF
F
·
F
Œ
F
;
F
∂
F
E
F
P
ı
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F
‹
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X
kJ
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F
E
X
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F
P
fi
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aŒ
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X
k=
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—
F
˘
·
F
W—
F
P
fi
òF
F
·
F
Œ
F
;
F
∂
F
·
F
F
⁄
F
Operating Profit before changes in Operating Assets and Liabilities
608,205
696,934
(162,528)
(176,936)
(9,222)
(533)
381,579
1,044,286
1,816,500
866,100
10,104,500
6,899,500
3,287,511
993,249
1,702,691
1,483,590
22,638,278
20,291,492
—
F
P
fi
òF
F
·
F
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F
;
F
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E
F
P
ı
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P
fi
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aŒ
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¤
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‹
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°
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Œ
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Adjustment for net change in Operating Assets and Liabilities
P
Œ
F
Ê
F
WË
F
¤
F
Wk A
F
ı
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F
_P
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E
P
;
F
e¤
F
X
k¤
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Wk A
F
ı
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F
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°
F
¤
F
F
E
X
k¤
F
WÊ
F
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F
ı
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/A
/ Increase/(Decrease) in Deposits
K
+
µ
F
X
k¤
F
WÊ
F
_P
F
ı
F
/A
/ Increase/(Decrease) in Borrowings
E
Œ
‹
F
E
F
P
ı
∂
F
‹
F
X
k¤
F
Wk A
F
ı
F
F
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/ Decrease/(Increase) in Other Assets
E
Œ
‹
F
º
W‹
F
∂
F
F
E
X
kJ
Ê
F
k“
F
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F
Õ
F
F
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F
X
k¤
F
Wk Ê
F
_P
F
ı
F
/A
/ Increase/(Decrease) in Other Liabilities & Provisions
—
F
P
fi
òF
F
·
F
Œ
F
;
F
∂
F
P
=
e+
‹
F
F
=
+
·
F
F
—
F
X
kı
F
WJ
=
+
P
∑
F
∂
F
Œ
F
=
+
º
U
(44,321,304)
(28,789,893)
(68,758,183)
(102,308,067)
115,352,810
112,714,620
(2,774,895)
3,086,566
(4,503,889)
3,484,815
2,392,677
(6,122,719)
Cash Generated from Operating Activities
20,025,494
2,356,814
=
+
fi
(
òF
]=
+
F
‹
F
F
;
F
‹
F
F
)
F
F
—
F
ı
F
U
/Ê
/ Tax (Paid)/ Refund
—
F
P
fi
òF
F
·
F
Œ
F
;
F
∂
F
P
=
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F
F
=
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F
—
F
X
k(
=
+
)
ı
F
WË
F
] Œ
F
=
+
º
U
(2,200,000)
(2,580,000)
Net Cash from Operating Activities (A)
17,825,494
(223,186)
&
F P
Œ
F
Ê
F
WË
F
P
=
e+
‹
F
F
=
+
·
F
F
—
F
X
kı
F
WŒ
F
=
+
º
U
“
Ê
F
F
B
CASH FLOW FROM INVESTING ACTIVITIES
E
òF
·
F
E
F
P
ı
∂
F
‹
F
F
c(
Ë
F
] )
/ Fixed Assets (Net)
P
Œ
F
Ê
F
WË
F
P
=
e+
‹
F
F
=
+
·
F
F
—
F
X
k(
&
F
)
ı
F
WË
F
] Œ
F
=
+
º
U
(1,119,491)
Net Cash from Investing Activities (B)
(557,706)
(1,119,491)
(557,706)
;
F P
Ê
F
∏
F
—
F
X

F
µ
F
P
=
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‹
F
F
=
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F
F
—
F
X
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F
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=
+
º
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“
Ê
F
F
˘
C
CASH FLOW FROM FINANCING ACTIVITIES
Ë
F
W‹
F
fi
—
F
[k°
F
U
°
F
F
fi
U
=
+
fi
=
W+
/ Issue of Share Capital
Ë
F
W‹
F
fi
P
“
¤
F
U
‹
F
¤
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/ Share Premium
ı
F
fi
=
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fi
(
—
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U
J
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F
ı
F
U
—
F
U
J
ı
F
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ı
F
W—
F
[k°
F
U
/ Issue of Innovative Perpetual Debt Instruments (IPDI)
E
Õ
F
U
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F
ı
ª
F
Ÿ
F
F
gŒ
∞
°
F
F
fi
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=
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=
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/ Subordinate Bonds Issued
E
Õ
F
U
Œ
F
ı
ª
F
Ÿ
F
F
gŒ
∞
X
k—
F
fi
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‹
F
F
°
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/ Interest on Subordinated Bonds
H
Œ
F
—
F
fi
ı
F
kº
∏
F
·
F
F
⁄
F
F
kË
F
J
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k=
+
fi
/ Dividend and tax there on paid
P
Ê
F
∏
F
U
‹
F
P
=
e+
‹
F
F
=
+
·
F
F
—
F
X
k(
;
F
)
ı
F
WË
F
] Œ
F
=
+
º
U
137,080
165,783
862,920
1,156,171
3,000,000
-
-
2,000,000
(1,702,691)
(1,483,590)
(1,890,240)
(1,562,360)
Net Cash from Financing Activities (C)
407,069
276,004
17,113,072
(504,888)
f
F Œ
F
=
+
º
U
¤
F
Wk Ë
F
] Ê
F
_P
E
Z
fi
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=
+
º
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∂
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‹
F
(
=
+
F
F
)
+&
+;
D
Net increase in Cash and Cash equivalents (A+B+C)
Ê
F

F
a=
W+
E
F
fi
k⁄
F
¤
F
Wk Œ
F
=
+
º
U
J
Ê
F
kŒ
F
=
+
º
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∂
F
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‹
F
Cash and Cash equivalents at the beginning of the year
Œ
F
=
+
º
U
Ë
F
W
F
/ Cash in hand
⁄
F
F
fi
∂
F
U
‹
F
P
fi
°
F
Ê
F
aŸ
F
Yk=
+
=
W+
—
F
F
ı
F
Ë
F
W
F
fi
F
P
Ë
F
/ Balances with Reserve Bank of India
Ÿ
F
Yk=
+
X
¤
F
Wk Ë
F
W
F
fi
F
P
Ë
F
J
Ê
F
k¤
F
F
k;
F
∂
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ª
F
F
E
·
—
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ı
F
[ò F
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F
F
—
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fi
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∂
F
º
W‹
F
fi
F
P
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F
3,481,635
2,837,274
47,436,259
56,594,250
Balances with Banks and Money at Call and Short Notice
21,854,616
72,772,510
13,845,874
73,277,398
Ê
F

F
a=
W+
E
Œ
∂
F
¤
F
Wk Œ
F
=
+
º
U
J
Ê
F
kŒ
F
=
+
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U
∂
F
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‹
F
Cash and Cash equivalents at the end of the year
Œ
F
=
+
º
U
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F
W
F
/ Cash in hand
⁄
F
F
fi
∂
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U
‹
F
P
fi
°
F
Ê
F
aŸ
F
Yk=
+
=
W+
—
F
F
ı
F
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F
W
F
fi
F
P
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F
/ Balances with Reserve Bank of India
Ÿ
F
Yk=
+
X
¤
F
Wk Ë
F
W
F
fi
F
P
Ë
F
J
Ê
F
k¤
F
F
k;
F
∂
F
ª
F
F
E
·
—
F
ı
F
[ò F
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F
F
—
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fi
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∂
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º
W‹
F
fi
F
P
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F
3,574,428
3,481,635
34,891,708
47,436,259
Balances with Banks and Money at Call and Short Notice
51,419,446
P
©
—
—
F
µ
F
U
:
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F
=
+
º
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“
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F
F
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∂
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—
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P
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=
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F
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F
F
fi
—
F
fi
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F
F
fi
P
=
+
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F
;
F
‹
F
F
˘
Yó
Note : The above cash flow statement has been prepared on the basis of indirect method.
155
89,885,582
21,854,616
72,772,510
2012-13
‹
F
˘
31.03.2013 =
+
X
Œ
F
=
+
º
U
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F
F
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P
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fi
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U
=
+
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J
=
+
⁄
F
F
;
F
˘
Y
This is the part of Cash Flow Statement as on 31.03.2013
Í
F
U
¤
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=
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;
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WP
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W*
Mrs. Archana Bhargava
Sandeep Kumar
Mrs. Surekha Marandi
Sunil Goyal
Srenik Sett
E
Õ
‹
F
áF
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k“
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P
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=
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º
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=
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º
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=
+
P
Œ
F
º
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F
=
+
P
Œ
F
º
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=
+
Chairperson & Managing Director
Director
Director
Director
Director
º
U
—
F
=
+
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F
F
fi
k;
F
P
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fi
µ
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X
fi
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P
=
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[
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=
+
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P
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f
F
X

F
Deepak Narang
Hiranya Bora
Kiran B. Vadodaria
Saumen Majumder
Pijush Kanti Ghosh
=
+
F
‹
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a—
F
F
·
F
=
+
P
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F
º
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F
=
+
P
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º
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F
=
+
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º
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F
=
+
P
Œ
F
º
WË
F
=
+
P
Œ
F
º
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F
=
+
Executive Director
Director
Director
Director
Director
ı
F
k°
F
‹
F
E
F
‹
F
a
E
kŸ
F
fi
U
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=
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F
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—
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F
fi
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F
U
º
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F
Sanjay Arya
Ambarisha Nanda
Vikas S. Khutwad
Parthasarthi Datta
=
+
F
‹
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a—
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F
·
F
=
+
P
Œ
F
º
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=
+
¤
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F̆
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kÕ
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=
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F̆
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F
kÕ
F
=
+
H
—
F
¤
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F̆
“
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F
kÕ
F
=
+
Executive Director
General Manager
General Manager
Dy. General Manager
—
F
P
fi
P
Ë
F
Ò
¤
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Wk º
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;
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G
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=
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fi
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=
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F
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fi
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·
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;
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fi
—
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aE
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F
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F
fi
As per our separate report of even date annexed
=
_+
∂
F
W¤
F
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F
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F
a,
°
F
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090130
Membership No. 057393
Membership No. 076263
Membership No. 069596
Membership No. 065286
Membership No. 408904
Membership No. 090130
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14.05.2013
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Date : 14.05.2013
Place : Kolkata
156
Annual Report
2012-13
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NEW CAPITAL ADEQUACY FRAMEWORK
DISCLOSURES UNDER PILLAR-3
31.03.2013
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As on 31.03.2013
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(b) An outline of differences in the basis of consolidation for accounting and Regulatory purposes, with a brief description of the
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that are fully consolidated: Not Applicable, the Bank does not have any subsidiary and as such no consolidation is required.
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( c) The aggregate amount of capital deficiencies in all subsidiaries not included in the consolidation i.e. that
are deducted and the name(s) of such subsidiaries.
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(d) The aggregate amounts (e.g. current book value) of the bank’s total interests in insurance entities, which
are risk-weighted as well as their name, their country of incorporation or residence, the proportion of
ownership interest and, if different, the proportion of voting power in these entities. In addition, indicate
the quantitative impact on regulatory capital of using this method versus using the deduction.
NIL
157
2012-13
TABLE DF-2
Capital structure
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Summary information on the terms and conditions of the
main features of all capital instruments, especially in the
case of capital instruments eligible for inclusion in Tier 1
or in Upper Tier 2.
Types of Capital
Particulars
Tier1 Capital
Equity Share capital, Share premium reserve, Other free
disclosed reserves, Perpetual Non- Cumulative
Preference Shares (PNCPS) & Perpetual Debt
instruments (PDI).
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Revaluation reserves, General Loss Reserve and
Provisions on Standard Assets, Upper Tier 2 Bonds i.e.
Hybrid debt capital instruments and Lower Tier 2 Bonds
i.e. Subordinated debt.
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Date of Issue
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ii) Call Option by the Bank after 10 years with prior approval of
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India.
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Place
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·
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1
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fi
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F
Series - I
India
Date of Issue
18.06.2007
Date of Maturity
18.06.2022
=
]+
·
F
/ Total
Amount (` in cr.)
Coupon Rate
575.00
10.65%
(
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F
P

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+
/
Annual)
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AA(-) stable by
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575.00
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Lower Tier 2 Bonds i.e. Subordinated debts
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Type of Instrument: Unsecured, Redeemable Non-convertible
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i) Plain vanilla Bonds with no special features like put or call
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ii)
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F
fi
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U
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ii) Not redeemable without the consent of Reserve Bank of India.
159
2012-13
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Particulars
Place
Date of Issue
Date of Maturity
Í
F
k_&
F
·
F
F
II
Series – II
India
15.02.2005
Í
F
k_&
F
·
F
F
III
Series – III
India
29.03.2006
Í
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k_&
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F
IV
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F
fi
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Series – IV
India
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Series – V
India
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Series – VI
India
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Series – VII
fi
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P
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Coupon Rate
15.05.2015
300.00
7.40%
F
F
P
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29.04.2016
100.00
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16.08.2006
16.08.2016
200.00
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27.03.2007
27.04.2017
100.00
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25.03.2009
25.03.2019
250.00
9.30%
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Amount (` in cr.)
28.12.2011
28.12.2021
200.00
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1150.00
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9.20%
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300.00
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1. Details of Tier 1 Capital
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2012-13
1.1
1.2
1.3
1.4
Paid-up share capital
Reserves (excluding revaluation reserves)
Innovative Perpetual Bonds
Perpetual Non-Cumulative Preference Shares
(PNCPS)
1.5 Other capital instruments
1.6 Amounts deducted from Tier 1
Capital including goodwill and investments
374.71
4084.53
300.00
800.00
0.00
316.91
Total (Tier1 Capital){(1.1+1.2+1.3+1.4+1.5)-(1.6)} 5242.32
2. Total amount of Tier 2 Capital (net of deductions)2037.31
3
The debt capital instruments eligible for inclusion
in Upper Tier 2 capital
3.1 Total amount outstanding
575.00
3.2 Of which amount raised during the year
0.00
3.3 Amount eligible to be reckoned as capital funds 575.00
4
The subordinated debts eligible for inclusion in
Lower Tier 2 capital
4.1 Total amount outstanding
1150.00
4.2 Of which amount raised during the year
0.00
4.3 Amount eligible to be reckoned as capital funds 830.00
0.00
3. Other Deductions from Capital, if any.
4.
5242.32
2037.31
7279.63
4.
4.1
4.2
4.3
161
Total eligible capital
Tier 1 Capital
Tier 2 Capital
Total Capital
0.00
5242.32
2037.31
7279.63
2012-13
TABLE DF-3
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ı
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fi
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P
=
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‹
F
F
¤
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WkŸ
F
Yk=
+ conditions, even at times of economic recession. In capital
planning process the bank reviews:
P
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F
¤
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F
P
·
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∂
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fi
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l
l
Current capital requirement of the bank
l
The targeted and sustainable capital in terms of business
Ê
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F
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ı
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F
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strategy and risk appetite.
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l
l
The future capital planning is done on a three-year outlook.
—
F
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U
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X
°
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¤
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Wk ⁄
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U
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≥
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∂
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fi
U The capital plan is revised on an annual basis. The Bank has a
policy to maintain capital to take care of the future growth in
=
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¤
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°
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fi
—
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F
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=
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°
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∂
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F business so that the minimum capital required is maintained on
—
F
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F
U
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F
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F
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fi
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fi
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fi
fĭ
Wó E
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F
fi
—
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fi
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F
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º
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¤
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k∞
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F
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E
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F
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X
º
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F
=
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—
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F
∂
F
©
U
‹
F
fi
1J
Ê
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k©
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‹
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fi
2¤
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Wk —
F
[k°
F
U
=
+
U
H
;
F
F
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fi
∂
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F
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Yó Ÿ
F
Yk=
+
=
+
U
—
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F
U
—
F
‹
F
F
a—
∂
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∂
F
F capital in Tier-1 or Tier-2 with the approval of Board of Directors
of the Bank. The Capital Adequacy position of the bank is
P
ı
ª
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F
=
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U
ı
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¤
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U
áF
F
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fi
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P
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F
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F
fi
—
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fi
=
+
U
°
F
F
∂
F
U
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reviewed by the Board of the Bank on quarterly basis.
162
Annual Report
¤
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F
∑
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F
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¤
F
=
+
“
=
+
©
U
=
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fi
µ
F
(` =
+
fi
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∞
s¤
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Wk)
` in cr.)
Quantitative disclosures
(1)
2012-13
K
+
µ
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°
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P
&
F
¤
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=
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·
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J
—
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°
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fi
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E
F
P
ı
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=
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F
+
U
º
fi
ı
F
W
9% =
Capital requirements for credit risk @ 9% of RWA
ı
F
kP
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F
⁄
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F
;
F
(
¤
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F
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=
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º
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=
+
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µ
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=
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E
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‹
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F
U
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)
l
Portfolios subject to standardised approach
4835.15
“
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=
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fi
µ
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P
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l
Securitisation exposures
(2)
0.00
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F
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F
fi
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P
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¤
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F
Capital requirements for market risk:
¤
F
F
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F
=
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E
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º
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µ
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l
Standardised duration approach
‹
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F
°
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fi
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-Ÿ
- Interest rate risk
320.66
Ê
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º
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U
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¤
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(
ı
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µ
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)
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- Foreign exchange risk (including gold
2.70
aP
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°
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¤
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-G
- Equity risk
(3)
64.01
—
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Capital requirements for operational risk
E
F
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F
F
fi
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k=
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∂
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=
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º
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=
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µ
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l
Basic indicator approach
(4)
396.07
=
]+
·
F
—
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[k°
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]—
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(%):
Total capital ratio (%):
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©
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‹
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fi
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[k°
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U
E
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]—
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F
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1—
(%):
Total Tier 1 capital ratio (%):
8.40
163
2012-13
TABLE DF-4
ı
F
F
fi
µ
F
U
∞
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J
◊
+
4
Credit
Risk:
General Disclosures
K
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°
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X
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:
ı
F
F
¤
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F
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=
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fi
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F
Qualitative Disclosures
;
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=
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(
=
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F
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;
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=
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fi
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=
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F (a) The general qualitative disclosure requirement with respect to
credit risk, including:
E
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fi
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=
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ı
F
F
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—
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E
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fi
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—
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(
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=
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«
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‹
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)
l
Definitions of past due and impaired (for accounting
purposes);
Ÿ
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aÊ
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∂
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=
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fi
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—
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fi
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(
·
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W&
F
F
Bank
has adopted the definitions of the past due and impaired (for
H
«
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—
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;
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µ
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accounting purposes) as defined by the regulator for Income
Œ
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Recognition and Asset Classification norms.
Ÿ
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⁄
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fi
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·
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F
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WP
=
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F The Bank follows Reserve Bank of India regulations, which are
;
F
‹
F
F
˘
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summed up below.
E
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°
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a=
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P
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c
Non- performing Assets
Ÿ
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=
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=
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ı
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U
E
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F An asset becomes non-performing when it ceases to generate
E
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°
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a=
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=
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F
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µ
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E
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;
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°
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Wkincome for the bank. A non-performing asset (NPA) is a loan or an
I) ‹
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º
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=
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ı
F
U
¤
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fi
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fi
/‹
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U advance where;
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Wk 90 P
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WE
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kº
X̆ i) interest and / or installment of principal remain overdue for a
period of more than 90 days in respect of a term loan,
°
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F
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kó
ii) ‹
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fi
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90 P
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kı
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=
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F ii) the account remains 'out of order' for a period of more than 90
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=
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fi
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E
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the case of bills purchased and discounted,
iv) E
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X (iv) the installment of principal or interest thereon remains
¤
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F
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ó
overdue for two crop seasons for short duration crops,
v) º
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f
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ı
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=
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(v) the installment of principal or interest thereon remains
E
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=
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·
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º
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F
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ó
overdue for one crop season for long duration crops.
Ÿ
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fi
F
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ı
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U
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fi
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=
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·
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P
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An infrastructure project loan will be classified as NPA, if the
—
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fi
‹
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F
=
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(
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ı
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U
ı
F
U
E
F
W)
∂
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‹
F
=
+
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;
F
G
a date
of commencement of commercial operations (DCCO)
¤
F
[·
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∂
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F
fi
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&
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ı
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Wº
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
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=
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≥
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º
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;
F
G
a X̆
⁄
F
·
F
W Ŭ extends beyond two (2) years from the original DCCO, even if it
Ê
F
˘
Ê
F
ı
F
[·
F
U
=
W+
P
fi
=
+
F
g∞
a¤
F
Wk P
Œ
F
‹
F
P
¤
F
∂
FX̆
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F
Ÿ
F
∂
F
=
+
G
ı
F
=
+
F
—
F
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F
;
F
a*
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F
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F
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k X̆
∂
F
F
E
Z
fiis regular as per record of recovery, unless it is restructured and
H
ı
F
W¤
F
F
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F
=
+
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F
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ı
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F
¤
F
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_+
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ı
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—
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U
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ı
F
¤
F
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F
F
°
F
F
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;
F
F
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becomes eligible for classification as 'standard asset'.
P
Ê
F
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F
F
òF
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F
=
+
U
=
+
F
‹
F
aÊ
F
F
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ª
F
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F
F
¤
F
]=
+
º
¤
F
Wk =
W+
=
+
F
fi
µ
F
‹
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P
º
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∂
—
F
F
º
Œ
F
=
+
U
∂
F
‹
F
∂
F
F
fi
U
&
F
ı
F
W In case the date of commencement of production is delayed due to
H
∂
—
F
F
º
Œ
F
Ë
F
]‡
Œ
FX̆
—
F
F
J
E
Z
fi
Ê
F
˘
—
F
P
fi
‹
F
X
°
F
Œ
F
F
=
W+
Ê
‹
F
F
Ê
F
ı
F
F
P
‹
F
=
+
—
F
P
fi
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F
·
F
Œ
F
=
+
U arbitration proceedings or a court case, an infrastructure project
—
F
[Ê
F
aP
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F
Õ
F
F
aP
fi
∂
F
¤
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[·
F
∂
F
F
fi
U
&
F
ı
F
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
F
aı
F
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F
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P
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=
+
=
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P
·
F
J
Ÿ
F
≥
sF
º
U
°
F
F
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∂
F
X
H
ı
F loan will be classified as NPA, if the date of commencement of
commercial operations extends beyond four (4) years from the
E
F
Õ
F
F
fi
⁄
F
[∂
F
—
F
P
fi
‹
F
X
°
F
Œ
F
F
K
+
µ
F
=
+
X
J
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F
.
—
F
U
.
J
.
¤
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F
;
F
U
a=
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F
°
F
F
J
;
F
F
ó
original DCCO.
‹
F
P
º
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∂
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F
F
º
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F
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°
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+
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∂
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F
fi
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&
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ı
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U
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+
F
fi
µ
F
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∂
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In case date of commencement of production is delayed due to
ı
F
k“
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F
∂
F
a=
+
=
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‹
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k∑
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µ
F
ı
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F
fi
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¤
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]=
+
º
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°
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Z
fi
H
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—
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P
fi
‹
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X
°
F
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F
F
=
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reasons beyond the control of promoter, other court cases,
Ê
‹
F
F
Ê
F
ı
F
F
P
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=
+
—
F
P
fi
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F
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F
fi
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P
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=
+
ı
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¤
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=
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P
·
F
J
an infrastructure project loan will be classified as NPA, if the date
Ÿ
F
≥
sF
º
U
;
F
G
a X̆
∂
F
X
H
ı
F
WJ
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.
—
F
U
.
J
.
¤
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F
U
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∂
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P
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‹
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F
°
F
F
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;
F
F
ó
of commencement of commercial operations extends beyond
Ê
F
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F
W;
F
Yfi
E
F
Õ
F
F
fi
⁄
F
[∂
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—
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P
fi
‹
F
X
°
F
Œ
F
F
K
+
µ
F
=
+
X
J
Œ
F
—
F
U
J
=
W+
‡
—
F
¤
F
WkÊ
F
;
F
U
a=
_+
∂
F
P
=
+
‹
F
F
°
F
F
J
;
F
F three (3) years from the original DCCO.
°
F
X
E
—
F
Œ
F
WÊ
‹
F
F
Ê
F
ı
F
F
P
‹
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=
+
—
F
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fi
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F
·
F
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=
+
U
¤
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[·
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∂
F
F
fi
U
&
F
ı
F
Wö ˘
¤
F
Ŭ
Œ
F
W=
W+
⁄
F
U
∂
F
fiNon-infrastructure project loan will be classified as NPA if it
Ê
‹
F
F
Ê
F
ı
F
F
P
‹
F
=
+
—
F
P
fi
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F
·
F
Œ
F
E
F
fi
k⁄
F
Œ
F
Ŭ
k=
+
fi
ı
F
=
+
F
⁄
F
·
F
W Ŭ
Ê
F
˘
Ê
F
ı
F
[·
F
U
E
P
⁄
F
·
F
W&
F
¤
F
Wk fails to commence commercial operations within six months
P
Œ
F
‹
F
P
¤
F
∂
FX̆
ó °
F
Ÿ
F
∂
F
=
+
G
ı
F
W—
F
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F
;
F
aP
*
∂
F
Œ
F
Ŭ
kP
=
+
‹
F
F
°
F
F
∂
F
F
E
Z
fi
H
ı
F
W¤
F
F
Œ
F
=
+
‘E
F
P
ı
∂
F
’¤
F
Wk from the original DCCO, even if is regular as per record of
recovery, unless it is restructured and becomes eligible for
Ê
F
;
F
U
a=
_+
∂
F
=
+
fi
Œ
F
W‹
F
X
;
‹
F
Œ
F
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kŸ
F
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F
F
‹
F
F
°
F
F
∂
F
F
∂
F
Ÿ
F
∂
F
=
+
H
ı
F
WJ
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F
—
F
U
J
ı
F
¤
F
§
F
F
°
F
F
J
;
F
F
ó
classification as 'standard asset'.
—
F
fi
ı
—
F
fi
∂
F
F
·
F
¤
F
W·
F
=
W+
ı
F
¤
F
‹
F
∂
F
‹
F
=
+
U
;
F
G
aı
F
¤
F
‹
F
ı
F
U
¤
F
F
=
W+
E
Œ
F
]‡
—
F
‹
F
P
º
P
=
+
ı
F
U
;
F
Yfi
In case of non-infrastructure projects, if the delay in
E
F
Õ
F
F
fi
⁄
F
[∂
F
—
F
P
fi
‹
F
X
°
F
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F
=
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—
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FX̆
°
F
F
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W+
ö ˘
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F
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F
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F
F
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F
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F
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+
F
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F
F
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F
ı
F
F
P
‹
F
=
+ commencement
of commercial operations extends beyond the
—
F
P
fi
òF
F
·
F
Œ
F
E
F
fi
k⁄
F
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F
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k X̆
∂
F
F
∂
F
X
H
ı
F
WJ
Œ
F
—
F
U
J
¤
F
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F
;
F
U
a=
_+
∂
F
P
=
+
‹
F
F
°
F
F
J
;
F
F
ó Ÿ
F
Yk=
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—
F
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F
:period of six months from the date of completion as determined at
Ê
‹
F
F
Ê
F
ı
F
F
P
‹
F
=
+
—
F
P
fi
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F
·
F
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F
=
+
U
J
=
+
Œ
F
G
a∂
F
F
fi
U
&
F
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F
=
+
∂
F
F
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YE
Z
fi
H
ı
F
W ‘¤
F
F
Œ
F
=
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E
F
P
ı
∂
F
’ the time of financial closure, banks can prescribe a fresh DCCO,
=
W+
‡
—
F
¤
F
Wk Ÿ
F
Œ
F
F
J
fi
&
F
ı
F
=
+
∂
F
F
˘
YŸ
F
Ë
F
∂
F
Wa ‹
F
˘
∂
F
F
fi
U
&
F
H
ı
F
—
F
P
fi
‹
F
X
°
F
Œ
F
F
=
W+
Ê
‹
F
F
Ê
F
ı
F
F
P
‹
F
=
+ and retain the "standard" classification, provided the fresh DCCO
—
F
P
fi
òF
F
·
F
Œ
F
˘
W∂
F
]∂
F
‹
F
=
+
U
;
F
G
a¤
F
[·
F
∂
F
F
fi
U
&
F
ı
F
W 12 ¤
F
Ŭ
Œ
F
Wı
F
WE
P
Õ
F
=
+
=
W+
P
·
F
J
Œ
F
Ÿ
F
≥
sF
G
a does not extend beyond a period of twelve months from the
original DCCO.
;
F
G
a X̆
ó
164
Annual Report
“E
P
Œ
F
‹
F
P
¤
F
∂
F
”=
+
U
P
ı
ª
F
P
∂
F
2012-13
'Out of Order' status
‹
F
P
º
Ÿ
F
=
+
F
‹
F
F
Ë
F
W
F
,
·
F
;
F
F
∂
F
F
fi
90 P
º
Œ
F
X
kı
F
WE
P
Õ
F
=
+
E
Ê
F
P
Õ
F
∂
F
=
+
¤
F
k°
F
[fi
U
ı
F
U
¤
F
F
/E
F
˘
fi
µ
F An account is treated as 'out of order' if the outstanding balance
remains continuously in excess of the sanctioned limit/drawing
Ë
F
P
É∂
F
ı
F
WE
P
Õ
F
=
+
fĭ
W∂
F
X
H
ı
F
&
F
F
∂
F
W=
+
X
E
P
Œ
F
‹
F
P
¤
F
∂
F
ı
F
¤
F
§
F
F
°
F
F
∂
F
F
˘
Yó ‹
F
P
º
¤
F
[·
F power for more than 90 days. In cases where the outstanding
—
F
P
fi
òF
F
·
F
Œ
F
&
F
F
∂
F
W¤
F
Wk Ÿ
F
=
+
F
‹
F
F
Ë
F
W
F
,
¤
F
k°
F
[fi
U
ı
F
U
¤
F
F
/E
F
˘
fi
µ
F
Ë
F
P
É∂
F
ı
F
W=
+
¤
FX̆
P
=
k+
∂
F
] balance in the principal operating account is less than the
∂
F
]·
F
Œ
F
—
F
∑
F
=
+
U
∂
F
F
fi
U
&
F
ı
F
W·
F
;
F
F
∂
F
F
fi
90 P
º
Œ
F
X
k∂
F
=
+
H
ı
F
¤
F
Wk °
F
¤
F
F
Œ
F
P
º
‹
F
F
;
F
‹
F
FX̆
‹
F
F
H
ı
F
¤
F
Wk sanctioned limit/drawing power, but there are no credits
continuously for 90 days as on the date of Balance Sheet or credits
G
∂
F
Œ
F
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—
F
J
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F
¤
F
F
Œ
F
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F
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F
ı
F
WH
ı
F
U
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F
P
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F
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F
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‹
F
F
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F
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F
F
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F
WP
=
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‹
F
F
°
F
F
ı
F
=
W+
∂
F
X are not enough to cover the interest debited during the same
period, these accounts are treated as 'out of order'.
J
Wı
F
W&
F
F
∂
F
X
k=
+
X
E
P
Œ
F
‹
F
P
¤
F
∂
F
ı
F
¤
F
§
F
F
°
F
F
∂
F
F
˘
Yó
“E
P
∂
F
º
W‹
F
”
‘Overdue’
Any amount due to the bank under any credit facility is ‘overdue’
P
=
+
ı
F
U
⁄
F
U
K
+
µ
F
ı
F
]P
Ê
F
Õ
F
F
=
W+
E
k∂
F
;
F
a∂
F
=
+
X
G
a⁄
F
U
Ÿ
F
=
+
F
‹
F
F
fi
F
P
Ë
F
‹
F
P
º
P
Œ
F
Õ
F
F
aP
fi
∂
F
º
W‹
F
∂
F
F
fi
U
&
F if it is not paid on the due date fixed by the bank.
=
+
X
Œ
F
Ŭ
kò F
]=
+
F
‹
F
U
°
F
F
∂
F
U
∂
F
X
H
ı
F
WE
P
∂
F
º
W‹
F
,
ı
F
¤
F
§
F
F
°
F
F
∂
F
F
˘
Yó
Non-Performing Investments
E
Œ
F
°
F
a=
+
P
Œ
F
Ê
F
WË
F
In respect of securities, where interest/principal is in arrears, the
Bank does not reckon income on the securities and makes
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k=
W+
¤
F
F
¤
F
·
F
W¤
F
Wk °
F
F̆
cŸ
‹
F
F
°
F
/¤
F
[·
F
Õ
F
Œ
F
Ÿ
F
=
+
F
‹
F
F
—
F
∞
sFX̆
∂
F
F
˘
YÊ
F
F̆
cŸ
F
Yk=
+
H
Œ
F appropriate provisions for the depreciation in the value of the
“
P
∂
F
⁄
F
[P
∂
F
‹
F
X
k—
F
fi
E
F
‹
F
Œ
F
Ŭ
k°
F
X
∞
s∂
F
F
E
Z
fi
P
Œ
F
Ê
F
WË
F
=
W+
¤
F
[·
‹
F
¤
F
Wk A
F
ı
F
=
+
F
ı
F
¤
F
]P
òF
∂
F investment.
“
F
Ê
F
Õ
F
F
Œ
F
=
+
fi
∂
F
F
˘
Yó
A non-performing investment (NPI), similar to a nonperforming advance (NPA), is one where:
E
Œ
F
°
F
a=
+
K
+
µ
F
(
J
Œ
F
—
F
U
J
)
=
+
U
∂
F
fĭ
E
Œ
F
°
F
a=
+
P
Œ
F
Ê
F
WË
F
(
J
Œ
F
fi
U
E
F
G
a)
J
Wı
F
F
P
Œ
F
Ê
F
WË
FX̆
∂
F
F
(i) Interest/installment (including maturity proceeds) is due and
˘
Y°
F
F̆
c:
(i)
(ii)
(iii)
(iv)
(v)
remains unpaid for more than 90 days.
Ÿ
‹
F
F
°
F
/P
=
+
ı
∂
F
(
—
F
P
fi
—
F
ÉÊ
F
∂
F
F
=
W+
—
F
Ë
òF
F
∂
F
“
F
—
∂
F
fi
F
P
Ë
F
)
Ÿ
F
=
+
F
‹
F
F
fĭ
∂
F
U
˘
YE
Z
fi
90 P
º
Œ
F
X
kı
F
W (ii) This applies mutatis-mutandis to preference shares where
E
P
Õ
F
=
+
Ÿ
F
U
∂
F
°
F
F
Œ
F
W=
W+
Ÿ
F
F
º
⁄
F
U
H
ı
F
WŒ
F
Ŭ
kò F
]=
+
F
‹
F
F
°
F
F
∂
F
F
ó
the fixed dividend is not paid.
‹
F
ª
F
X
P
òF
∂
F
h—
F
P
fi
Ê
F
∂
F
aŒ
F
ı
F
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improvement of the overall quality of assets at the portfolio level,
165
2012-13
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the Bank is exposed.
166
Annual Report
2012-13
—
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Quantitative Disclosures:
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Fund Based
Non Fund Based
Total
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69708.05
8058.35
77766.40
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=
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69708.05
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77766.40
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SL
1
2
2.1
2.2
2.3
2.4
2.5
2.6
2.7
2.8
2.9
2.10
2.11
2.12
3
3.1
3.2
3.2.1
3.2.2
3.2.3
3.2.4
3.3
3.4
3.4.1
3.4.2
3.4.3
3.4.4
3.5
3.6
3.7
3.8
3.9
3.9.1
3.9.2
3.9.3
3.9.4
3.10
3.11
3.12
3.13
3.13.1
3.13.2
3.14
3.14.1
3.14.2
3.15
3.16
3.17
3.18
3.18.1
3.18.2
3.18.3
3.18.4
3.19
4
5
6
P
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fi
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=
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—
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P
fi
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=
+
fi
µ
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U
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F
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P
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F
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U
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fi
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P
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F
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fi
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F
F
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F
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F
=
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F
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K
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F
E
F
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E
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F
a=
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E
F
P
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F
167
;
F
Yfi
P
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F
P
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F
E
F
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F
P
fi
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=
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F
‹
F
F
Fund Based O/s
9570.88
17950.14
1108.66
90.40
358.84
109.06
891.16
1785.63
2695.32
850.32
8209.48
0.00
Non-Fund Based O/s
64.04
510.03
14.86
0.38
7.48
0
37.70
318.85
56.42
0.63
73.70
0.00
898.14
953.13
30584.15
71.71
1145.01
30.07
129.93
107.98
877.03
272.19
1383.33
262.34
24.20
1.02
1095.77
222.57
123.47
114.30
1029.39
942.59
130.80
345.36
295.05
171.38
207.40
4.15
812.42
5089.96
4815.68
274.28
1291.89
268.88
1023.01
903.44
444.44
1293.34
13977.19
9059.45
1067.51
2781.94
1068.29
1255.36
10048.51
1554.37
69708.05
0.01
0.00
7484.10
10.32
17.12
0.07
1.09
0
15.96
1.84
28.37
16.06
1.94
0
10.37
2.55
4.37
3.01
15.45
82.63
0.02
19.06
17.05
46.50
20.07
0
63.47
555.00
546.32
8.68
129.20
8.24
120.96
169.72
81.94
472.55
1441.12
341.34
0.58
829.70
269.50
4385.37
0.05
0.13
8058.35
2012-13
l
P
Œ
F
¤
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F
P
·
F
P
&
F
∂
F
H
√
X
;
F
¤
F
Wk 31.03.2013
Fund-based and non-fund based exposure to the following
∂
F
=
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P
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F
P
Õ
F
E
F
Õ
F
F
P
fi
∂
F
E
Z
fi
;
F
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P
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P
Õ
Fl
industries exceeded 5% of total fund- based and total nonE
F
Õ
F
F
P
fi
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F
P
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=
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P
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J
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k;
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P
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P
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F
P
fi
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F
P
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F
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F
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F
=
+
F
5% ı
F
W
fund based exposure of the Bank respectively as on
E
P
Õ
F
=
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Yó
31.03.2013
=
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¤
F
ı
F
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P
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P
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F
P
fi
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F
(
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U
)
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(
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+
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U
)
P
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F
Sl.No.
Fund Based (FB) Exposure
Sl.No.
Non-Fund Based (NFB) Exposure
H
√
X
;
F
=
+
F
Œ
F
F
¤
F
(%)
=
]+
·
F
P
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F
P
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F
E
F
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F
F
fi
=
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F
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P
∂
F
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F
∂
F
Name of the Industry
1
2
3
H
√
X
;
F
=
+
F
Œ
F
F
¤
F
% of total FB
/ Iron & Steel
·
F
Z
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J
Ê
F
kG
ı
—
F
F
∂
F
E
F
Õ
F
F
fi
⁄
F
[∂
F
H
°
F
F
a / Infrastructure Power
/NBFC
J
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F
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F
U
J
◊
+
ı
F
U
J
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F
k©
dWP
∞
k;
F
(%)
=
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F
;
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P
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F
P
Õ
F
E
F
Õ
F
F
fi
=
+
F
“
P
∂
F
Ë
F
∂
F
Name of the Industry
6.91
1
13.00
2
% of total NFB
/ Iron & Steel
·
F
Z
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J
Ê
F
kG
ı
—
F
F
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F
E
F
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F
fi
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F
[∂
F
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F
kfi
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F
F
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F
∞
s=
+
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F
Yfi
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F
kº
fi
;
F
F
˘
Infrastructure Roads & Ports
11.78
6.78
10.30
ë ~E
F
P
ı
∂
F
‹
F
X
k=
+
F
E
Ê
F
P
Ë
F
Ò
ı
F
F
kP
Ê
F
P
º
=
+
—
F
P
fi
—
F
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F
∂
F
F
=
+
F
E
·
F
;
F
E
·
F
;
F
P
Ê
F
Ê
F
fi
µ
F
(e) Residual contractual maturity break down of assets
(` =
+
fi
X
∞
s¤
F
Wk) (` in cr.)
3¤
6¤
1Ê
3Ê
5Ê
“
ª
F
¤
F
P
º
Œ
F 2-7 P
º
Œ
F 8-14 P
º
Œ
F 15-28 P
º
Œ
F 29 P
º
Œ
F
ı
F
W
F
F
˘
ı
F
W
F
F
˘
ı
F
W
F

F
aı
F
W
F

F
aı
F
W
F

F
aı
F
W
=
]+
·
F
3¤
1
3
5
F
Ŭ
Œ
F
F 6¤
F
F
˘
∂
F
=
+ E
P
Õ
F
=
+
E
P
Õ
F
=
+
E
P
Õ
F
=
+
E
P
Õ
F
=
+
Ê
F

F
a∂
F
=
+ Ê
F

F
a∂
F
=
+ Ê
F

F
a∂
F
=
+
Day 1
2to7
days
8 to
14 days
15 to
28
days
29
days
to 3
months
Over 3
months
& upto
6 mths
Over 6
months
& upto
1 year
Over 1
year &
up to 3
years
Over 3
years
& up to
5 years
Over 5
years
Total
289.62
4233.96
758.74
1141.42
5988.72
5138.25
4093.96
26186.13
9692.07
11385.80
68908.67
0.00
279.75
131.41
180.91
1650.82
1468.35
777.79
4595.30
3016.45
21362.62
33463.40
1694.70
546.25
36.00
96.21
6303.74
3112.77
1088.81
0.00
0.00
15.47
12893.95
K
+
µ
F
Advances
P
Œ
F
Ê
F
WË
F
Investments
P
Ê
F
º
WË
F
U
¤
F
]Ω
F
E
F
P
ı
∂
F
Foreign
Currency
Assets
òF
)
E
Œ
F
°
F
a=
+
E
F
P
ı
∂
F
(
J
Œ
F
—
F
U
J
)
(
ı
F
=
+
·
F
)
Ê
F
;
F
a
E
Ê
F
¤
F
F
Œ
F
=
+
ı
F
kP
º
;
Õ
F
–1
ı
F
kP
º
;
Õ
F
–2
ı
F
kP
º
;
Õ
F
–3
F̆
P
Œ
F
=
]+
·
F
(f) Amount of NPAs (Gross)
(` =
+
fi
X
∞
s¤
F
Wk)
fi
F
P
Ë
F
Category
Amount
1898.37
Sub Standard
1898.37
518.64
Doubtful – 1
518.64
479.26
Doubtful – 2
479.26
49.03
Doubtful – 3
49.03
18.52
Loss
18.52
TOTAL
2963.82
(` =
+
fi
X
∞
s¤
F
Wk)
ö )
Ë
F
] E
Œ
F
°
F
a=
+
E
F
P
ı
∂
F
°
F
)
E
Œ
F
°
F
a=
+
E
F
P
ı
∂
F
E
Œ
F
]—
F
F
∂
F
=
+
)
ı
F
=
+
·
F
K
+
µ
F
=
+
U
ı
F
=
+
·
F
E
Œ
F
°
F
a=
+
E
F
P
ı
∂
F
‹
F
X
k
&
F
)
Ë
F
] K
+
µ
F
=
+
U
Ë
F
] E
Œ
F
°
F
a=
+
E
F
P
ı
∂
F
‹
F
F
c
(` in cr.)
1969.98
(“
P
∂
F
Ë
F
∂
F
¤
F
Wk)
2963.82
(` in cr.)
(g) Net NPAs
1969.98
(h) NPA ratios
(in %)
4.25
(a) Gross NPAs to Gross Advances
4.25
2.87
(b) Net NPAs to Net Advances
2.87
168
Annual Report
§
F
)
ı
F
=
+
·
F
J
Œ
F
—
F
U
J
¤
F
Wk H
∂
F
F
fi
òF
≥
sF
Ê
F
(` =
+
fi
X
∞
s¤
F
Wk)
(i)Movement of gross NPA
(
=
+
)
G
ı
F
Ê
F

F
a=
W+
E
F
fi
k⁄
F
¤
F
Wk E
ª
F
:
Ë
F
W
F
(
&
F
)
G
ı
F
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
C
G
aÊ
F
_P
(
;
F
)
G
ı
F
Ê
F

F
aC
G
a=
+
¤
F
U
(
f
F
)
G
ı
F
Ê
F

F
a=
W+
E
k∂
F
¤
F
Wk G
P
∂
F
Ë
F
W
F
(
=
+
+&
F
)
(
;
F
)
¶
F
)
J
Œ
F
—
F
U
J
˘
W∂
F
]“
F
Ê
F
Õ
F
F
Œ
F
¤
F
Wk =
+
¤
F
U
Ê
F
_P
2012-13
(` in cr.)
2176.42
a) Opening balance at the beginning of the year
2176.42
2484.84
b) Additions during the year
2484.84
1697.44
c) Reductions during the year
1697.44
2963.82
d) Closing balance at the end of the year (a+b-c)
2963.82
(` =
+
fi
X
∞
s¤
F
Wk)
(j) Movement of provision for NPAs
(` in cr.)
(
=
+
)
G
ı
F
Ê
F

F
a=
W+
E
F
fi
k⁄
F
¤
F
Wk E
Õ
F
:
Ë
F
W
F
(
&
F
)
G
ı
F
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
P
=
+
J
;
F
J
“
F
Ê
F
Õ
F
F
Œ
F
(
;
F
)
E
P
∂
F
P
fi
É∂
F
“
F
Ê
F
Õ
F
F
Œ
F
X
k=
+
F
Ÿ
F
©
h©
W&
F
F
∂
F
W∞
F
·
F
Œ
F
F
/—
F
]Œ
F
fi
F
k=
+
Œ
F
(
f
F
)
G
ı
F
Ê
F

F
a=
W+
E
k∂
F
¤
F
Wk G
P
∂
F
Ë
F
W
F
(
=
+
+&
F
)
(
;
F
)
1055.47
a) Opening balance at the beginning of the year
1055.47
1010.45
b) Provisions made during the year
1010.45
c) Write-off/write-back of excess provisions
1093.99
1093.99
d) Closing balance at the end of the year (a+b-c)
971.93
(` =
+
fi
X
∞
s¤
F
Wk)
(
©
)
E
Œ
F
°
F
a=
+
P
Œ
F
Ê
F
WË
F
=
+
U
fi
F
P
Ë
F
(` in cr.)
(k) Amount of non-performing investment
60.01
(` =
+
fi
X
∞
s¤
F
Wk)
(
*
)
E
Œ
F
°
F
a=
+
P
Œ
F
Ê
F
WË
F
=
W+
P
·
F
‹
F
W fi
&
F
U
;
F
G
a“
F
Ê
F
Õ
F
F
Œ
F
=
+
U
fi
F
P
Ë
F
(l) Amount of provision held for
non-performing investment
40.46
(m) Movement of provisions for
ı
F
F
fi
µ
F
U
∞
U
J
◊
+
5
K
+
µ
F
°
F
X
P
&
F
¤
F
:
¤
F
F
Œ
F
=
+
U
=
_+
∂
F
º
_P
Ò
=
+
X
µ
F
=
W+
E
Õ
‹
F
Õ
F
U
Œ
F
—
F
X
©
a◊
+
X
P
·
F
‹
F
X
=
+
F
“
©
U
=
+
fi
µ
F
;
F
]µ
F
F
∂
¤
F
=
+
“
=
+
©
U
=
+
fi
µ
F
60.01
(` in cr.)
(
∞
)
P
Œ
F
Ê
F
WË
F
—
F
fi
¤
F
[·
‹
F
A
F
ı
F
=
W+
P
·
F
J
“
F
Ê
F
Õ
F
F
Œ
F
=
+
U
=
+
¤
F
U
Ê
F
_P
(` =
+
fi
X
∞
s¤
F
Wk)
depreciation on investments
(
=
+
)
G
ı
F
Ê
F

F
a=
W+
E
F
fi
k⁄
F
¤
F
Wk E
ª
F
:
Ë
F
W
F
(
&
F
)
G
ı
F
Ê
F

F
a=
W+
º
Z
fi
F
Œ
F
P
=
+
J
;
F
J
“
F
Ê
F
Õ
F
F
Œ
F
(
;
F
)
E
P
∂
F
P
fi
É∂
F
“
F
Ê
F
Õ
F
F
Œ
F
=
+
F
Ÿ
F
©
h©
F
&
F
F
∂
F
W∞
F
·
F
Œ
F
F
/“
P
∂
F
·
F
W&
F
F
(
f
F
)
G
ı
F
Ê
F

F
a=
W+
E
k∂
F
¤
F
Wk G
P
∂
F
Ë
F
W
F
(
=
+
+&
F
)
(
;
F
)
971.93
40.46
(` in cr.)
158.08
i) Opening balance at the beginning of the year
158.08
121.45
ii) Provisions made during the year
121.45
124.71
iii) Write-off / write-back of excess provisions
124.71
154.82
iv) Closing balance at the end of the year (i+ii-iii)
154.82
TABLE DF-5
Credit risk: Disclosures for portfolios subject to the
standardised approach
Qualitative Disclosure
(
=
+
)
¤
F
F
Œ
F
=
+
U
=
_+
∂
F
º
_P
Ò
=
+
X
µ
F
=
W+
∂
F
˘
∂
F
—
F
X
©
a◊
+
X
P
·
F
‹
F
X
=
W+
P
·
F
J
(a) For portfolios under the standardized approach
l
ı
F
F
&
F
Í
F
Wµ
F
U
P
Œ
F
Õ
F
F
afi
µ
F
(
=
eW+
P
∞
©
fi
WP
©
k;
F
)
=
+
fi
Œ
F
WÊ
F
F
·
F
U
J
°
F
WkP
ı
F
‹
F
X
k=
W+
Œ
F
F
¤
F
∂
F
ª
F
Fl
Names of credit rating agencies used, plus reasons for any
changes:
H
ı
F
¤
F
Wk ‹
F
P
º
=
+
X
G
a—
F
P
fi
Ê
F
∂
F
aŒ
F
P
=
+
‹
F
F
;
F
‹
F
F
˘
Y∂
F
X
H
ı
F
=
+
F
=
+
F
fi
µ
F
:
⁄
F
F
fi
∂
F
U
‹
F
P
fi
r°
F
Ê
F
aŸ
F
Yk=
+
=
W+
P
º
Ë
F
F
P
Œ
F
º
WaË
F
X
k=
W+
E
Œ
F
]ı
F
F
fi
Ÿ
F
Yk=
+
=
W+
f
F
fi
W·
F
[P
Œ
F
Ê
F
WË
F
X
k=
+
U
fi
WP
©
k;
F As per the RBI Guidelines, the Bank has identified CARE,
CRISIL, ICRA, India Rating (Earlier known as FITCH India),
˘
W∂
F
] =
W+
‹
F
fi
(
ı
F
U
J
E
F
fi
G
a)
,=
e+
F
G
P
ı
F
·
F(
ı
F
U
E
F
fi
E
F
G
aJ
ı
F
E
F
G
aJ
·
F
)
,G
=
e+
F Brickworks
& SMERA, RBI- approved domestic External Credit
(
E
F
G
aı
F
U
E
F
fi
J
)
J
Ê
F
kP
◊
+
òF
(
J
◊
+
E
F
G
a©
U
ı
F
U
J
òF
)
G
kP
∞
‹
F
F
°
F
Yı
F
U
E
Œ
F
]¤
F
X
P
º
∂
F
f
F
fi
W·
F
[ Rating Agencies (ECRAs), for the purpose of rating the Domestic
Ÿ
F
F
˛
=
eW+
P
∞
©
fi
WP
©
k;
F
J
°
F
WkP
ı
F
‹
F
X
k(
G
aı
F
U
E
F
fi
J
J
ı
F
)
=
+
U
—
F
˘
òF
F
Œ
F
=
+
U
;
F
G
a˘
YP
°
F
Œ
F
=
+
U
fi
WP
©
k;
F Exposures, whose ratings are used for the purpose of capital
calculation.
=
+
F
G
ı
∂
F
W¤
F
F
·
F
—
F
[k°
F
U
ı
F
k;
F
µ
F
Œ
F
F
=
W+
P
·
F
J
P
=
+
‹
F
F
°
F
F
∂
F
F
˘
Yó
l
Types of exposure for which each agency is used:
l
P
Œ
F
Ê
F
WË
F
=
W+
“
=
+
F
fi
P
°
F
ı
F
=
W+
P
·
F
J
“
∂
‹
F
W=
+
J
°
F
Wkı
F
U
=
+
F
H
—
F
‹
F
X
;
F
P
=
+
‹
F
F
°
F
F
∂
F
F
˘
Y
(i) J
=
+
Ê
F

F
aı
F
W=
+
¤
F
‹
F
F
J
=
+
Ê
F

F
a=
W+
ı
F
kP
Ê
F
º
F
∂
¤
F
=
+
—
F
P
fi
—
F
ÉÊ
F
∂
F
F
P
Œ
F
Ê
F
WË
F
˘
W∂
F
](
=
Y+
Ë
F (i) For Exposures with a contractual maturity of less than or
equal to one year (except Cash Credit, Overdraft and other
=
eW+
P
∞
©
,
E
X
Ê
F
fi
∞
dF
ÿ
©
J
Ê
F
kE
Œ
‹
F
—
F
P
fi
=
e+
F
¤
F
U
(
P
fi
Ê
F
F
gP
·
Ê
F
k;
F
)
K
+
µ
F
X
k=
+
X
ö X
∞
s=
+
fi
) Revolving
Credits), Short Term Ratings assigned by ECRAs
G
=
e+
F
¬
F
fi
F
ı
F
¤
F
Œ
F
]º
WP
Ë
F
∂
F
E
·
—
F
=
+
F
P
·
F
=
+
fi
WP
©
k;
F
=
+
F
H
—
F
‹
F
X
;
F
P
=
+
‹
F
F
°
F
F
∂
F
F
˘
Yó
is used.
(ii) f
F
fi
W·
F
[Œ
F
=
+
º
U
H
Õ
F
F
fi
,
E
X
Ê
F
fi
∞
dF
ÿ
©
J
Ê
F
kE
Œ
‹
F
—
F
P
fi
=
e+
F
¤
F
U
H
Õ
F
F
fi
X
k(
E
Ê
F
P
Õ
F
(ii) For Domestic Cash Credit, Overdraft and other Revolving
Credits (irrespective of the period) and for Term Loan
P
Œ
F
fi
—
F
Wá F
)
=
W+
P
·
F
J
∂
F
ª
F
F
ó Ê
F

F
aı
F
WE
P
Õ
F
=
+
=
W+
ı
F
kP
Ê
F
º
F
∂
¤
F
=
+
—
F
P
fi
—
F
ÉÊ
F
∂
F
F
Ê
F
F
·
F
W
exposures with a contractual maturity of over 1 year, Long
¤
F
U
‹
F
F
º
U
K
+
µ
F
P
Œ
F
Ê
F
WË
F
X
k=
W+
P
·
F
J
º
U
f
F
F
aÊ
F
P
Õ
F
fi
WP
©
k;
F
=
+
F
H
—
F
‹
F
X
;
F
P
=
+
‹
F
F
°
F
F
∂
F
F
˘
Yó
169
2012-13
—
F
P
fi
¤
F
F
µ
F
F
∂
¤
F
=
+
“
=
+
©
U
=
+
fi
µ
F
:
Quantitative Disclosures:
(` =
+
fi
X
∞
s¤
F
Wk)
(
&
F
)
¤
F
F
Œ
F
=
+
U
=
_+
∂
Fº
_P
Ò
=
+
X
µ
F=
W+l
100% °
F
X
P
&
F
¤
F
⁄
F
F
fi
ı
F
W=
+
¤
F
E
Õ
‹
F
Õ
F
U
Œ
F°
F
X
P
&
F
¤
F=
+
¤
F=
+
fi
Œ
F
W=
W+
l
100% °
F
X
P
&
F
¤
F
⁄
F
F
fi
Ÿ
F
F
º
P
Œ
F
Ê
F
WË
Ffi
F
P
Ë
F=
W+P
·
F
J
P
Œ
F
¤
Œ
F
F
kP
=
+
∂
F
∂
F
U
Œ
F
¤
F
]&
‹
F
°
F
X
P
&
F
¤
F
&
F
k∞
X
k
100% °
F
X
P
&
F
¤
F
⁄
F
F
fi
ı
F
WE
P
Õ
F
=
+
∂
F
ª
F
F
Ê
F
WP
°
F
Œ
F
=
+
U
=
+
©
Z
∂
F
UX̆
Œ
F
U
˘
Y,
¤
F
Wk l
Ÿ
F
Yk=
+
=
W+
E
°
F
a=
+
K
+
µ
F
X
kJ
Ê
F
kE
P
;
F
e¤
F
X
k
(
Í
F
Wµ
F
U
P
Œ
F
Õ
F
F
aP
fi
∂
F
)
=
+
F
Ÿ
F
=
+
F
‹
F
F
(` in cr.)
b) For exposure amounts
after risk mitigation subject
to the standardized approach,
outstanding amount of bank’s
performing loans & advances
(rated and unrated) in the
following three major risk
buckets as well as those that
are deducted
37230.80
15842.80
9499.10
ı
F
F
fi
µ
F
U
∞
U
J
◊
+
6
K
+
µ
F
°
F
X
P
&
F
¤
F
Œ
‹
F
]∂
F
U
=
+
fi
µ
F
:
¤
F
F
Œ
F
=
+
U
=
_+
∂
F
º
_P
Ò
=
+
X
µ
F
=
W+
E
Õ
‹
F
Õ
F
U
Œ
F
—
F
X
©
a◊
+
X
P
·
F
‹
F
X
=
+
F
“
©
U
=
+
fi
µ
F
l
Below
100 % risk weight:
37230.80
l
100 %
risk weight:
15842.80
l
More than
100 % risk weight:
9499.10
TABLE DF-6
Credit risk mitigation: disclosures for standardised
approaches
Qualitative Disclosures
;
F
]µ
F
F
∂
¤
F
=
+
“
=
+
©
U
=
+
fi
µ
F
(a) The general qualitative disclosure requirement with respect to
(
=
+
)
K
+
µ
F
°
F
X
P
&
F
¤
F
=
+
¤
F
=
+
fi
Œ
F
W=
W+
ı
F
kŸ
F
kÕ
F
¤
F
Wk ı
F
F
¤
F
F
Œ
‹
F
;
F
]µ
F
F
∂
¤
F
=
+
“
=
+
©
U
=
+
fi
µ
F
E
—
F
Wá F
F credit risk mitigation including:
¤
F
Wk P
Œ
F
¤
Œ
F
F
kP
=
+
∂
F
¤
F
º
Wk Ë
F
F
P
¤
F
·
F
˘
Y:
l
Policies and processes for, and an indication of the extent to
l
Ê
F
WŒ
F
U
P
∂
F
‹
F
F
cE
Z
fi
—
F
P
∂
F
E
Z
fi
G
ı
F
=
+
F
J
=
+
ı
F
k=
W+
∂
F
P
=
+
Ÿ
F
Yk=
+
=
+
F̆
c∂
F
=
+
G
Œ
F
=
+
F
H
—
F
‹
F
X
;
F which the bank makes use of on- and off-balance sheet netting:
∂
F
]·
F
Œ
F
—
F
∑
F
∂
F
Y‹
F
F
fi
=
+
fi
∂
F
Wı
F
¤
F
‹
F
=
+
fi
∂
F
F
˘
Yó
l
Policies and processes for collateral valuation and
management:
l
ı
F
k—
F
F
P
Ë
Ê
F
a=
+
¤
F
[·
‹
F
F
k=
+
Œ
F
J
Ê
F
k“
Ÿ
F
kÕ
F
Œ
F
=
W+
P
·
F
J
Œ
F
U
P
∂
F
‹
F
F
cJ
Ê
F
k“
P
=
e+
‹
F
F
J
có
P
Œ
F
‹
F
F
¤
F
=
+
E
—
F
Wá F
F
E
X
k=
W+
E
Œ
F
]‡
—
F
Ÿ
F
Yk=
+
Œ
F
WP
Œ
F
¤
Œ
F
F
kP
=
+
∂
F
“
F
ª
F
P
¤
F
=
+
H
«
WË
‹
F
ı
F
WK
+
µ
F In line with the regulatory requirement, the Bank has put in place
a policy on Credit Risk Mitigation Techniques & Collateral
°
F
X
P
&
F
¤
F
=
+
¤
F
=
+
fi
Œ
F
W=
+
U
∂
F
=
+
Œ
F
U
=
+
J
Ê
F
kı
F
k—
F
F
P
Ë
Ê
F
a=
+
“
Ÿ
F
kÕ
F
Œ
F
—
F
fi
Œ
F
U
P
∂
F
Ÿ
F
Œ
F
F
G
a˘
Yó (
=
+
)
Management with the primary objective of (a) Mitigation of
Ÿ
F
Wı
F
W·
F
II =
+
U
⁄
F
F
Ê
F
Œ
F
F
/⁄
F
F
fi
∂
F
U
‹
F
P
fi
r°
F
Ê
F
aŸ
F
Yk=
+
=
W+
P
º
Ë
F
F
P
Œ
F
º
WaË
F
X
k=
+
X
Õ
‹
F
F
Œ
F
¤
F
Wk fi
&
F
∂
F
WC
J
credit risks & enhancing awareness on identification of
K
+
µ
F
°
F
X
P
&
F
¤
F
=
+
X
=
+
¤
F
=
+
fi
Œ
F
F
∂
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ª
F
F
H
—
F
‹
F
]É ∂
F
ı
F
k—
F
F
P
Ë
Ê
F
a=
+
=
W+
P
Œ
F
Õ
F
F
afi
µ
F
=
W+
“
P
∂
F appropriate collateral taking into account the spirit of Basel°
F
F
;
F
‡
=
+
∂
F
F
Ÿ
F
≥
sF
Œ
F
F
,
(
&
F
)
Ÿ
F
Wı
F
W·
F
II ⁄
F
F
fi
∂
F
U
‹
F
P
fi
r°
F
Ê
F
aŸ
F
Yk=
+
=
W+
¤
F
F
;
F
aP
Œ
F
º
WaË
F
X
k=
W+ II/RBI guidelines and (b) Optimizing the benefit of credit risk
º
_P
Ò
=
+
X
µ
F
=
W+
E
Œ
F
]‡
—
F
—
F
[k°
F
U
“
⁄
F
F
fi
=
+
U
;
F
µ
F
Œ
F
F
¤
F
Wk K
+
µ
F
°
F
X
P
&
F
¤
F
=
+
X
=
+
¤
F
=
+
fi
Œ
F
W=
W+
·
F
F
⁄
F mitigation in computation of capital charge as per approaches
laid down in Basel-II/RBI guidelines. Valuation of collaterals is
=
+
X
E
Œ
F
]=
[+
·
F
∂
F
¤
F
Ÿ
F
Œ
F
F
Œ
F
F
óG
ı
F
Œ
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U
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k—
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F
k=
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⁄
F
U
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=
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F
;
F
‹
F
F
˘
Yó
also addressed in the said policy. The Policy adopts the
G
ı
F
Œ
F
U
P
∂
F
¤
F
Wk Ê
‹
F
F
—
F
=
+
º
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Ò
=
+
X
µ
F
E
—
F
Œ
F
F
‹
F
F
;
F
‹
F
F
˘
YP
°
F
ı
F
ı
F
W°
F
X
P
&
F
¤
F
X
k=
W+
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Ê
F
‡
Comprehensive Approach, which allows full offset of collateral
ı
F
k—
F
F
P
Ë
Ê
F
a=
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k=
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—
F
[µ
F
aı
F
¤
F
k°
F
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(
H
—
F
‹
F
]É ∂
F
=
+
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©
ö F
c©
=
W+
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F
F
º
)
=
+
U
E
Œ
F
]¤
F
P
∂
F
P
¤
F
·
F
∂
F
U
˘
Y (after appropriate haircuts) against exposures, by effectively
E
Z
fi
‹
F
˘
ı
F
k—
F
F
P
Ë
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a=
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¤
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[·
‹
F
=
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X
E
F
fi
X
P
—
F
∂
F
=
+
fi
∂
F
WC
J
°
F
X
P
&
F
¤
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fi
F
P
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F
=
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⁄
F
F
Ê
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U
≥
k;
F
ı
F
W reducing the exposure amount by the value ascribed to the
collateral.
=
+
¤
F
=
+
fi
∂
F
WC
J
P
¤
F
·
F
∂
F
U
˘
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l
Description of the main types of collateral taken by the bank:
l
Ÿ
F
Yk=
+
¬
F
fi
F
P
·
F
J
;
F
J
ı
F
k—
F
F
P
Ë
Ê
F
a=
+
=
W+
¤
F
]&
‹
F
“
=
+
F
fi
X
k=
+
F
Ê
F
µ
F
aŒ
F
:
main types of Collaterals usually recognized as Credit Risk
¤
F
F
Œ
F
=
+
U
=
_+
∂
F
º
_P
Ò
=
+
X
µ
F
=
W+
∂
F
˘
∂
F
Ÿ
F
Yk=
+
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F
fi
F
K
+
µ
F
°
F
X
P
&
F
¤
F
Œ
‹
F
[Œ
F
U
=
+
fi
µ
F
=
W+
‡
—
F
¤
F
Wk The
Mitigants by the Bank under the Standardised Approach are
P
Œ
F
Õ
F
F
aP
fi
∂
F
ı
F
k—
F
F
P
Ë
Ê
F
a=
+
X
k=
W+
ı
F
F
¤
F
F
Œ
‹
F
“
=
+
F
fi
˘
Y:
(
=
+
)
Ÿ
F
Yk=
+
°
F
¤
F
F
(
&
F
)
J
Œ
F
J
ı
F
ı
F
U
/ (i) Bank Deposits, (ii) NSCs/KVP, (iii)Life Insurance Policies
=
W+
Ê
F
U
—
F
U
(
;
F
)
°
F
U
Ê
F
Œ
F
Ÿ
F
U
¤
F
F
—
F
F
gP
·
F
ı
F
U
ó
l
Main types of guarantor counterparty and their creditworthiness:
l
;
F
F
fi
k©
U
=
+
∂
F
F
a=
+
F
H
k©
fi
—
F
F
©
U
a=
W+
¤
F
]&
‹
F
“
=
+
F
fi
∂
F
ª
F
F
H
Œ
F
=
+
U
ı
F
F
&
F
‹
F
X
;
‹
F
∂
F
F
For computation of CRAR, the types of guarantees recognized
ı
F
U
E
F
fi
J
E
F
fi
=
+
U
ı
F
k;
F
µ
F
Œ
F
F
˘
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F
Yk=
+
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fi
F
Œ
‹
F
[Œ
F
U
=
+
fi
µ
F
=
W+
P
·
F
J
¤
F
F
Œ
‹
F
;
F
F
fi
kP
©
‹
F
X
k=
W+ for taking mitigation by the Bank are (a) Central Government
Guarantee (0%) (b) State Government (20%) (c) CGTMSE (0%)
“
=
+
F
fi
P
Œ
F
¤
Œ
F
F
kP
=
+
∂
F
˘
Yó
(d) ECGC (20%) (e) Bills purchased/discounted under Letter of
(
=
+
)
=
Wk+
Ω
U
‹
Fı
F
fi
=
+
F
fi
;
F
F
fi
k©
U
(0%) (
&
F
)
fi
F
°
‹
Fı
F
fi
=
+
F
fi
(20%) (
;
F
)
Credit (20% or as per rating of foreign Banks).
ı
F
U
°
F
U
©
U
J
¤
F
J
ı
F
G
a (0%) (
f
F
)
G
aı
F
U
°
F
U
ı
F
U
(20%) (
ë ~
)
ı
F
F
&
F
—
F
∑
F
=
W+
E
k∂
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;
F
a∂
F
=
e+
‹
Fl
Information about (market or credit) risk concentrations
P
=
+
‹
F
F
;
F
‹
F
F
/P
fi
‹
F
F
‹
F
∂
F
U
P
Ÿ
F
·
F
(20% ‹
F
F
P
Ê
F
º
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F
U
Ÿ
F
Yk=
+
=
+
U
fi
WP
©
k;
F
=
W+
E
Œ
F
]‡
—
F
)
within the mitigation taken:
l
E
—
F
Œ
F
F
J
;
F
J
Œ
‹
F
[Œ
F
U
=
+
fi
µ
F
=
W+
E
k∂
F
;
F
a∂
F
°
F
X
P
&
F
¤
F
ı
F
=
Wk+
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µ
F
P
Ê
F

F
‹
F
=
+
ı
F
[ò F
Œ
F
F
(
Ÿ
F
F
°
F
F
fiThe types of collaterals used by the Bank for mitigation purpose
E
ª
F
Ê
F
F
ı
F
F
&
F
)
are easily realizable financial securities and are not affected by
Ÿ
F
Yk=
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F
fi
F
Œ
‹
F
[Œ
F
U
=
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fi
µ
F
(
P
¤
F
P
©
;
F
WË
F
Œ
F
)
=
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·
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J
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‹
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ı
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k—
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P
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a=
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F
ı
F
F
Œ
F
U
ı
F
WÊ
F
ı
F
[·
F
U market volatility. As such, presently no limit/ceiling has been
prescribed to address the concentration risk in credit risk
‹
F
X
;
‹
F
P
Ê
F
∏
F
U
‹
F
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⁄
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fi
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F
°
F
F
fi
=
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F
=
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—
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fi
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Ŭ mitigants recognized by the Bank.
—
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F
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+
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°
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¤
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=
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=
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kº
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a¤
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k=
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µ
F
°
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X
P
&
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¤
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=
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·
F
J
170
Annual Report
—
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fi
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F
µ
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F
∂
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=
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=
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=
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(` =
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∞
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(
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·
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;
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;
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=
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=
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+
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a◊
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·
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∑
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k—
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+
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fi
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¤
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a∂
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⁄
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F
.
P
fi
.
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F
Yk=
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fi
F
P
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F
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F
W
F
‡
—
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ı
F
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F
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F
⁄
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U
E
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P
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º
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;
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G
a˘
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F
F
º
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F
F̆
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2012-13
Quantitative Disclosures:
(` in cr.)
(b) For each separately disclosed credit risk portfolio the
total exposure (after, where applicable, on- or off balance
sheet netting) that is covered by eligible financial collateral
after the application of haircuts.
(c) For each separately disclosed portfolio the total exposure
(after, where applicable, on- or off-balance sheet netting)
that is covered by guarantees/credit derivatives (whenever
specifically permitted by RBI).
ı
F
F
fi
µ
F
U
∞
U
J
J
◊
+
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∂
F
⁄
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=
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fi
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:
¤
F
F
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F
=
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U
=
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º
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=
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µ
F
=
+
F
“
=
+
©
U
=
+
fi
µ
F
;
F
]µ
F
F
∂
¤
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=
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=
+
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U
=
+
fi
µ
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Qualitative Disclosures
(
=
+
)
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P
∂
F
⁄
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[P
∂
F
=
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fi
µ
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=
W+
ı
F
kŸ
F
kÕ
F
¤
F
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F
F
¤
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F
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‹
F
;
F
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F
F
∂
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=
+
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=
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U
=
+
fi
µ
F
=
+
U
°
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‡
fi
∂
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P
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·
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&
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F
—
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fi
P
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F
fi
ı
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P
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Y:
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=
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
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=
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=
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a=
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=
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ı
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kŸ
F
kÕ
F
¤
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F
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=
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F
H
«
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P
°
F
ı
F
¤
F
Wk
Ê
F
˘
ı
F
U
¤
F
F
⁄
F
U
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F
F
P
¤
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·
F
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YP
°
F
ı
F
W‹
F
W=
+
F
‹
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a=
+
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F
F
—
F
ı
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P
Œ
Œ
F
P
˘
∂
F
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∂
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⁄
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∂
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P
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Ê
F
WË
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X
k=
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+
µ
F
°
F
X
P
&
F
¤
F
=
+
X
Ÿ
F
Yk=
+
ı
F
WE
·
F
;
F
P
=
+
ı
F
U
E
Œ
‹
F
ı
F
kı
ª
F
F
=
+
X
ı
ª
F
F
Œ
F
F
k∂
F
P
fi
∂
F
=
+
fi
∂
F
W˘
Ykó
l
“
P
∂
F
⁄
F
[P
∂
F
=
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∂
F
E
F
P
ı
∂
F
‹
F
X
k¤
F
Wk E
Œ
‹
F
ı
F
P
Œ
Œ
F
P
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∂
F
°
F
X
P
&
F
¤
F
X
k(
°
F
Yı
F
WŒ
F
=
+
º
U
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(a) The general qualitative disclosure requirement with
respect to securitisation including a discussion of:
l
the bank’s objectives in relation to securitisation
activity, including the extent to which these
activities transfer credit risk of the underlying
securitised exposures away from the bank to
other entities.
l
the nature of other risks (e.g. liquidity risk)
inherent in securitised assets;
l
the various roles played by the bank in the
securitisation process (For example: originator,
investor, servicer, provider of credit
enhancement, liquidity provider, swap provider@
protection provider#) and an indication of the
extent of the bank’s involvement in each of them;
l
a description of the processes in place to monitor
changes in the credit and market risk of
securitisation exposures (for example, how the
behaviour of the underlying assets impacts
securitisation exposures as defined in para 5.16.1
of the Master Circular on NCAF dated July 1,
2009 ).
l
a description of the bank’s policy governing the
use of credit risk mitigation to mitigate the risks
retained through securitisation exposures;
@ Bank may have provided support to a
securitisation structure in the form of an interest
rate swap or currency swap to mitigate the
interest rate/currency risk of the underlying
assets, if permitted as per regulatory rules.
# Bank may provide credit protection to a
securitisation transaction through guarantees,
credit derivatives or any other similar product, if
permitted as per regulatory rules.
(b) Summary of the bank’s accounting policies for
securitisation activities, including:
l
whether the transactions are treated as sales or
financings;
l
methods and key assumptions (including inputs)
applied in valuing positions retained or
purchased
l
changes in methods and key assumptions from
the previous period and impact of the changes;
l
policies for recognizing liabilities on the balance
sheet for arrangements that could require the
bank to provide financial support for securitised
assets.
(c) In the banking book, the names of ECAIs used for
securitisations and the types of securitisation exposure
for which each agency is used.
68932.36
2980.32
TABLE DF-7
Securitisation: disclosure for standardised approach
171
,
NOT APPLICABLE
2012-13
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For Banking Book
(d) The total amount of exposures securitised by the bank.
(e) For exposures securitized, losses recognized by the bank
during the current period broken by the exposure type (e.g.
Credit cards, housing loans, auto loans etc. detailed by
underlying security)
(f) Amount of assets intended to be securitised within a year
(g) Of (f), amount of assets originated within a year before
securitisation.
(h) The total amount of exposures securitised (by exposure
type) and unrecognised gain or losses on sale by exposure
type.
( i) Aggregate amount of:
l
on-balance sheet securitisation exposures retained or
NIL
purchased broken down by exposure type and
l
off-balance sheet securitisation exposures broken down
by exposure type
(j) l
Aggregate amount of securitisation exposures retained
or purchased and the associated capital charges, broken
down between exposures and further broken down into
different risk weight bands for each regulatory capital
approach.
l
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capital, credit enhancing I/Os deducted from total
capital, and other exposures deducted from total capital
(by exposure type).
For Trading Book
(k)
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which the bank has retained some exposures and which is
subject to the market risk approach, by exposure type.
(l)
Aggregate amount of:
l
on-balance sheet securitisation exposures retained or
purchased broken down by exposure type; and
l
Off-balance sheet securitisation exposures broken
down by exposure type.
(m) Aggregate amount of securitisation exposures retained or
purchase separately for:
l
securitisation exposures retained or purchased subject
to Comprehensive Risk Measure for specific risk; and
l
Securitisation exposures subject to the securitisation
framework for specific risk broken down into different
risk weight bands.
(n)
Aggregate amount of:
l
The capital requirements for the securitisation
exposures, subject to the securitisation framework
broken down into different risk weight bands.
l
securitisation exposures that are deducted entirely from
Tier 1 capital, credit enhancing I/Os deducted from total
capital, and other exposures deducted from total capital
(by exposure type).
172
NIL
Annual Report
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2012-13
TABLE DF-8
Market Risk in trading book
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F Maximum permissible Exposures, Net Open Position limits, Gap
—
F
fi
¤
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[·
‹
F
(
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F
U
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F
fi
)
G
∂
‹
F
F
P
º
ó
limits, Value at Risk (VaR) etc, in line with the industry best
practices
—
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=
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fi
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(
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°
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(` =
+
fi
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s¤
F
Wk)
Quantitative disclosures
(b) The capital requirements for:
l
Interest rate risk:
320.66
320.66
l
Equity position risk:
64.01
l
Foreign exchange risk:
2.70
64.01
2.70
TABLE DF-9
Operational Risk
ı
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∞
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9
—
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l
General qualitative disclosure requirement, the approach(es)
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for operational risk capital assessment for which the bank
qualifies:
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W the day-to-day risk management processes of the Bank by
173
2012-13
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internal control frameworks.
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[k°
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U In line with RBI Guidelines, the Bank has adopted the Basic
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P
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31.03.2013
Risk. Accordingly, the capital requirement for Operational Risk
=
+
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396.07 =
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as on 31.03.2013 is `396.07 cr.
ı
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(
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F
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aE
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F
fi
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)
TABLE DF-10
Interest rate risk in the banking book (IRRBB)
;
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Qualitative Disclosures
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ı
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,
(IRRBB) and key assumptions, including assumptions
;
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regarding loan prepayments and behaviour of non-maturity
deposits, and frequency of IRRBB measurement:
E
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Interest rate risk refers to fluctuations in Bank’s Net Interest
Ÿ
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175
2012-13
UNITED BANK OF INDIA
HEAD OFFICE : UNITED TOWER
11 HEMANTA BASU SARANI
KOLKATA 700 001
Dear Shareholders,
Re : Payment of Dividend through Electronic Remittance Facilities
In case you have not already sent the Bank Account particulars to our Registrar, M/s. Link Intime India Pvt. Ltd. or to your Depository participant (in
case of demat holdings) we would request you to provide the same in the format given below to facilitate prompt, safe and correct payment of dividend
as soon as it is declared.
Please ensure that the details submitted by you to the Registrar/Depository Participant are correct as any error therein could result in the dividend
amount being credited to a wrong account.
Payment of Dividend through electronic remittance facilities and/or to the designated Bank Account which appears on the dividend warrant will help
to prevent fraudulent encashment of dividend warrants.
Kindly help us in our endeavour to serve you better.
Yours faithfully,
For United Bank of India
Authorised Signatory
FORM FOR ELECTRONIC REMITTANCE MANDATE/BANK ACCOUNT PARTICULARS
I/We __________________________________________________ do hereby authorize United Bank of India to
l
Print the following details on my/our dividend warrant
l
Credit my dividend amount directly to my Bank Account by electronic remittance facilities.
(Strike out whichever is not applicable)
My/Our Folio No. __________________
DP ID ______________________ Client ID _________________
Particulars of bank Account
A. Bank Name
: _________________________________
B. Branch Name
: _________________________________
C. Branch Address
: _________________________________
D. 9 digit Code No. of the Bank & Branch as
appearing on the MICR cheque
: _________________________________
E. IFS Code
: _________________________________
F.
: Savings/Current_____________________
Account type
G. Account No. as appearing on the Cheque
: _________________________________
H. STD Code & Telephone No. of the Shareholder
: _________________________________
I/We shall not hold the bank responsible if the electronic remittance could not be implemented or the Bank discontinues the electronic remittance for
any reason.
_______________________________
(Signature of Shareholder)
Mail to : Link Intime India Pvt. Ltd.
Unit : United Bank of India
59C, Chowringhee Road, 3rd Floor
Kolkata - 700 020
l
Please attach a photocopy of a cheque or a blank cancelled cheque issued by your Bank relating to your account for verifying the accuracy of the
nine digit MICR/IFS Codes.
l
In case you are holding the shares in demat form, kindly advise your Depository Participant to take note of your Bank Account particulars.
176
Annual Report
2012-13
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THIS PAGE HAS BEEN
KEPT BLANK INTENTIONALLY
2012-13
UNITED BANK OF INDIA
HEAD OFFICE : UNITED TOWER
11 HEMANTA BASU SARANI
KOLKATA 700 001
FORM 'B'
FORM OF PROXY
(To be filled in and signed by the shareholder)
Registered Folio No. ________________________
(for shares not in demat form)
DP ID : _________________ Client ID : _______________
(for shares in demat form)
I / We __________________________________ resident of __________________________________________ in the district of
______________________________________ in the state of ___________________________________________, being a shareholder/
shareholders of United Bank of India hereby appoint Sri/Smt. ___________________________________________________ resident of
______________________________________________ in the District of __________________________________________ in the State of
______________________________________________, or failing him, Sri/Smt. _____________________________________ resident of
________________________________________ in the District of ________________________________________ in the State of
______________________________________, as my/our proxy to vote for me/us and on my/our behalf at the 4th Annual General Meeting of the
Shareholders of the Bank to be held on Friday, 21st June, 2013, at Bhasha Bhavan Auditorium, National Library, Belvedre Road, Alipore,
Kolkata – 700 027 and at any adjournment thereof.
Signed ___________ Day of _________________ 2013
_________________________
Signature of the Proxy
Revenue
Stamp
___________________________________________
Signature of the first/sole holder
Name :
__________________________________
Address : __________________________________
__________________________________
__________________________________
Note : Proxy forms duly filled in and signed must reach the Share Department & Investors Grievance Cell, at the Head Office, 11 Hemanta
Basu Sarani, Kolkata – 700 001 not less than four days prior to the date of the meeting, i.e. on or before the closing business hours of
Saturday, the 15th June 2013.
179
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Annual Report
2012-13
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UNITED BANK OF INDIA
HEAD OFFICE : UNITED TOWER
11 HEMANTA BASU SARANI
KOLKATA 700 001
ATTENDANCE SLIP
I/We hereby record my/our presence at the 4th Annual General Meeting of United Bank of India at Bhasha Bhavan
Auditorium, National Library, Belvedre Road, Alipore, Kolkata – 700 027 on Friday, June 21st, 2013 at 9.30 a.m.
Registered Folio No. :
Number of Shares :
DP ID :
Client ID :
Name of the Member :
Name of the Proxy :
_______________________________
Signature(s) of the Proxy
__________________________________
Signature(s) of the Member(s)
Note : Please remember to bring the attendance slip with you duly filled-in and hand it over at the entrance of the Auditorium.
Please also bring a copy of the Annual Report.
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2012-13
DY. GENERAL MANAGERS
Shri Jagadeesh Pandurang Kulkarni
Shri Parthasarathi Datta
Shri Nabarun Dey Purkayastha
Shri Rana Mazumder
Shri Monoj Kanti Majumdar
Shri Sumanta Ghosh
Shri Kali Prasanna Panigrahi
Shri Ramesh Kumar Singal
Shri Swapan Kr Deb
Shri Dinesh Mushahary
Shri Biplabaditya Basu
Shri Debabrata Sinha
Shri Vinay Gandotra
Shri Saroj Kumar Nayak
Shri Bala Raju Kuntilla
Shri Rajeesh Kumar Madhava
Shri Alahari Seshubabu
Shri Sanjay Chaudhary
Shri C Balachandran
Smt. Seema Singh (Bahl)
Shri Biswajit Bandyopadhyay
Shri Amrik Singh
Shri Umesh Kumar Roy
Smt. Sunanda Basu
Shri Rakesh Chandra Narayan
Shri Rajesh Kumar Arora
Shri Dhananjay Pratap Singh
Shri Prafulla Kumar Pati
Shri Gauri Prosad Sarma
Shri Ramendu Bhattacharjee
Shri Bibekananda Biswas
Shri Sudhir Kumar Sinha
Shri Vittesh Kumar
Shri Subhasis Biswas
Shri V Sundaresan