Allahabad Bank Annual Report 2014 15

<n E
ALLAHABAD BANK
|vx E : 2, xiV b , EEi-700 001

HEAD OFFICE: 2, NETAJI SUBHAS ROAD, KOLKATA- 700 001
www.allahabadbank.in
E |inx
ANNUAL REPORT
2014-15
-S
z
{` . / Page No.
/ contents
rl=uNfUt, tuFtvheGfUtuk ytr= fUe mqae/

List of Directors, Auditors etc.
02
+vI B |v xnE E H/
Chairman & Managing Director's Statement
03-08
E E xnE E {] /
Directors Report of the Bank
09-29
- III |E]Eh/
Basel - III Disclosures
30-83
fUthvtuhux dJluom { {] /
Report on Corporate Governance
84-110
fUthvtuhux dJluom { J{IE fUt btKvt/

Auditors Certificate on Corporate Governance
111
mqaec;t fUhth fuU Fkz 49 (IX) fuU +xh b |h{j/

Certificate Pursuant to clause 49(IX) of the Listing Agreement
E E k h/
Financial Statements of the Bank
114-165
E E J{IE E {] /
Auditors Report of the Bank
166-167
Ei k h/
Consolidated Financial Statements
168-201
Ei k h { J{IE E {]/
Auditors Report on Consolidated Financial Statements
206-211
+E <xx . E J{IE E {] /
Auditors' Report of AllBank Finance Ltd.
212-216
+E <xx . E rJteg rJJhK/

Financial Statements of AllBank Finance Ltd.
202-205
+E <xx . E xnE E {] /
Directors' Report of AllBank Finance Ltd.
112-113
217-238
<B b] i /
Form for ECS mandate
239-240
<n E
ALLAHABAD BANK
|vx E : 2, xiV b , EEi-700 001

HEAD OFFICE: 2, NETAJI SUBHAS ROAD, KOLKATA- 700 001
xnE b/BOARD OF DIRECTORS (lli/AS ON 31.03.2015)

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
E `
+vI B |v xnE
Shri Rakesh Sethi
Chairman and Managing Director
V. E. J
E{E xnE
Shri J. K. Singh Kharb
Executive Director
Bx. E.
E{E xnE
Shri N. K. Sahoo
Executive Director
b. E Cx
E u xi xnE
Dr. Shashank Saksena
Government Nominee Director
B. =nMi
..E u xi xnE
Shri A. Udgata
RBI Nominee Director
V E
xn JE xi xnE
Shri Sanjeev
Kumar Sharma
Chartered Accountant
Nominee Director
+V C
+EE M-E xnE
Shri Ajay Shukla
Part Time Non Official Director
<. {.
EM ES xnE
Shri Y. P. Singh
Workmen Employee Director
b. V E
vE xnE
Dr. Bijaya Kumar Sahoo
Shareholders' Director
vE xnE
Shri Sarath Sura
{x E UE
vE xnE
Shri Parveen Kumar Chhokra
J-{IE/AUDITORS
1. 0 ] Bb { i
xn JE
Chartered Accountants
M/s Batliboi & Purohit
2. 0 Jb EEx Bb E.
xn JE
M/s Khandelwal Kakani & Co.
3. 0 P xl Bb E.
xn JE
M/s Raghu Nath Rai & Co.
4. 0 l Bb BB]
xn JE
M/s Sarath & Associates
5. 0 Bx. . xV Bb E.
xn JE
M/s N. C. Banerjee & Co.
V] B +ih BV]/REGISTRAR & SHARE TRANSFER AGENT

0 BB ]b (x]:-<n E )
M/s MCS LTD. (Unit:- Allahabad Bank)

77/2A, Hazra Road,
Kolkata-700 029
Tel : 033-40724051-54
Fax : 033-24541961/40724050
Email : mcskol@rediffmail.com
Website : www.mcsdel.com
77/2B,
V b
EEi-700 029
] x : 033-40724051-54,
C : 033-24541961/40724050
<- : mcskol@rediffmail.com
Website : www.mcsdel.com
+vI B |v xnE
E H
CHAIRMAN & MANAGING
| vE,
Dear Shareholders,
+{E E E k 2014-15 E E |inx

|ii Ex M * |l, +{x |iE
vE E |i +{x nE + H Ei
V <ix +{x +xi lx ni *
It is my privilege to present the Annual Report for

the Financial Year (FY) 2014-15, of your Bank.
At the outset, I take the opportunity to express a
deep sense of gratitude to each of our esteemed
shareholders for their unstinted support which you
have been extending to us over the years.
DIRECTORS STATEMENT
+{E E E Ex{nx ]iB |ii Ex {, E

n x {i ] +lE { E I{ ix SM,
CE, EM Ij E Ex{nx <E M xil l*
Before, I present the performance highlights of your Bank,

I would like to enumerate briefly upon the macro-economic
environments that prevailed during the year as it had strong
implications on the banking sector's performance.
1. E
+ll :
i E Ei E c +xSii + Ei E x
+ixi H x E E E x+ xB VJ
+ Vc nB* =i V +llB { =nP]i
<; CE |iM {V | E x E E* MEVxiE VJ =SS x x E x , E {{i
x +{i | E nJi B E i V P]x
vi VJ E +< * +vE =zi +ll+
=i{nx +i + E , pi I E +
pE xi v x <* =zi + =i V V +xE
+ll+ SxiE v Ex E iiE +Ei
VE ] +lE xi E +Ei z *
1. Global Economy :
i +ll :
B+ u ] + E vi |CEx <Mi i
+ll E {xilx 2013-14 + M l* 2014-15
< + iV +<, V Ji: Ij u |i l* n P]
- S P] + VE P] - E E x + n p b
E {< + +iE |h+ zE] ] +li
E M<* il{, +lE {xilx xSi Ex i
E BE +Ei x E {{i {li* r |{i Ex E
=q SxiE v+ E n Ex, E {n
Ex + xE E Vi E lx nx i k MV <
{n Ex E +Ei *
2. Indian Economy :
VE E { Sxi{h x , i xiMi E< x

B pE xi E x x x i M] E
{I ={ E { E {xxi E * <x x
E M] i +ll E | fM Vi |nx E
* E u EB MB +xE viE ={ , +{v ,
i +ll iV +BM* pi V n +iH
|h M CE, < { E JS Ex E H <V
M + < ={M + r iV +BM* pi
M] E Eh pE xi i x V n Ij
JS Ex i { E =ii Ex + E @h E
Ex + =xE ix{j E Vi Ex, nx E u, r i
xiMi lx |nx EM*
While the global environment remains challenging, policy

action in India has rebuilt buffers to cushion it against possible
spillovers from normalization of monetary policy in the US.
These buffers have effectively insulated the Indian economy
against the recent spillovers. In the short run, growth will receive
a boost from the number of reform measures undertaken by
the government. A further impetus will be provided by ongoing
moderation in inflation as this will add spending power to
households and thereby, boosting consumption and growth.
The likely easing in monetary policy due to declining inflation
will provide policy support for growth both by encouraging
household spending in interest-sensitive sectors and reducing
debt burden of firms and strengthening their balance sheets.
Sizeable uncertainty about the oil price path and the underlying
drivers of the price decline have added a new risk dimension
to the global growth outlook. Emerging market economies are
particularly exposed; as they could face a reversal capital flows.
Geopolitical risks are expected to remain high, although related
risks of global oil market disruptions have been downgraded
in view of ample net flow supply. In most advanced economies,
output gaps are still substantial, inflation is below target, and
monetary policy remains constrained. There is an urgent need
for structural reforms in many economies, advanced and
emerging market alike, while requirement of macroeconomic
policy differs.
2.
Revival of Indian economy as pointed out in the revised

estimates of national income by CSO had started in 2013-14.
It gained further momentum in 2014-15 and was mainly driven
by the services sector. With the narrowing of the twin deficitscurrent account and fiscal as well as replenishment of foreign
exchange reserves and disinflationary impulses, the risks of
near-term macro instability have diminished. However, this in
itself constitutes only a necessary, but not a sufficient condition
for ensuring economic recovery. Removing structural
impediments, building business confidence and creating fiscal
space to support investments needs to be addressed in order
to secure growth.
EM
E n E k |h i{h E xi + <B
+lE r E lx nx E ni xi * <
EM |h +xE Ij i{h Sxi VZ , +li
- +i Mhk, {V {{ii, x vx, VJ |vx, E<
+x{x +n* ii +lE n E Eh +i Mhk xEiE
{ |i < * S, 2015 i E |{i |E
+Ec E +x VxE Ij E E E v VBx{B
5.17% r < VE nOi +i E +x{i 13.2% *
E ix EM |h {{i {V , +B+ vv P] + S 2015 E +i {U E 13.01%
E {I 12.7% *
3.1 E E Ex{nx
+ 2014-15 i +{E E E Ex{nx ]i+ E
i Ex SM *
3.2 r
9 S 2015 E lli E E E S 2014
E lli E `3,31,748 Ec E {I -n-
+v { 4.45% E r ni B gE `3,46,519
Ec E i { {S M*
9 E E E V -n- +v { 1.35 %E
r ni B BE { E `1,90,843 Ec gE
`1,93,424 Ec M<* E @h {U E
`1,40,905 Ec
E {I iV gE `1,53,095
Ec M* -n- +v { < 8.65% E
r <*
9 31 S, 2015 E lli Si E V `5228 Ec

g E `55956 Ec M<, V E V E
29.09% * +{E E x E V E Oh E
i n + |inx |iJ u J MB Si
E Ji { n M *
3. Banking :
3.
3.3
9
A bank plays a key role in the country's financial system and

therefore, carries the responsibility of supporting economic
growth. At this juncture, our banking system is facing significant
challenges from several quarters, viz., asset quality, capital
adequacy, human resources, risk management, KYC
compliance, etc. Asset quality has been affected negatively
due to continued economic slowdown. As per preliminary data
received at RBI for March 2015, GNPAs increased to 5.17%
while the stressed assets ratio stood at 13.2% in respect of
public sector banks. Though at present, the banking system is
adequately capitalized, the CRAR has been steadily declining
and as at the end of March 2015, it stood at 12.7% as against
13.01% last year.
3.1 Bank's Performance
I would now like to touch upon the highlights of you Bank's
performance for the year 2014-15.
3.2 Business Growth
9 Total business of your Bank reached a level of
`346,519 crore as on 31st March 2015 from `331,748
crore as on 31st March 2014; showing a Y-o-Y growth
of 4.45%.
9 Total deposits of the Bank went up by 1.35% to
`193424 Crore as on 31st March 2015 from `190843
Crore a year ago. Gross credit of the Bank surged to
`153,095 crore from `140,905 crore last year. On a Yo-Y basis, it increased by 8.65%.
9 SB deposits grew by `5228 crores to `55956 Crore

as on 31 st March 2015, constituting 29.09 % of
aggregate deposits. Your Bank gave importance to
CASA deposits mobilization and special emphasis was
given on Savings Bank A/c opened per branch per
day.
|ni
k 15 E n x E E {Sx {U E
`4020 Ec
E {I -n- +v { 10.93% E
r ni B gE `4460 Ec M*
3.3 Profitability
x {U E `1172.02 Ec E {I k
15 E n x -n- +v { 47.02% E @hiE
r ni B P]E `620.90 Ec M*
31S, 2015 E {i k E n x M-xv
M-V + {U E `1085 Ec E {I `1137
Ec *
Mi + +x{i k 2014 E 46.23% P]
E k 2015 45.44% M*
Your Bank posted operating profit growth of 10.93%

Y-o-Y during FY15 and increased to `4460 crore as
against `4020 crore during the same period a year
ago.
Net profit of the Bank came down to `620.90 crore

during FY15 as against `1172.02 crore last year,
showing a negative growth of 47.02%.
Non-Fund non-Interest Income of the Bank during

financial year ended 31st March 2015 stood at `1137
crore as against `1085 crore last year.
The Cost to Income Ratio came down from 46.23% in

FY15 to 45.44% for the FY15.
x V Vx (Bx+<B) k 2014 E 2.75%

E {I 31S, 2015 E {i k E n x
gE 3.10% M*
Net Interest Margin (NIM) improved to 3.10% during

the financial year ended 31st March 2015 as against
2.75% during FY14.
31.03.2015 E lli {V {{ii +x{i -II

xnb E +iMi 10.52% + -III xnb E +iMi
10.45% *
Capital Adequacy Ratio stood at 10.52% as on

31st March 2015 under Basel II norms and at 10.45%
under Basel III norms.
+i Mhk
{U EU E n x +lE n E S +i E Mhk E
xB Jx E E B Si E |J x * +{E E
x Bx{B Ji Vn +xi E< + V J* 31
S 2015 E lli +{E E E +O E Bx{B
5.46% + x +O x Bx{B 3.99% * 31 S
2015 E lli |vx EV +x{i 51.50% l*
3.5
The primary concern for the banks during the past couple of
years was to maintain asset quality amidst economic slowdown.
Your Bank continued vigorous follow-up and recovery of NPA
accounts. The Gross NPA to Gross Advances of your Bank
stood at 5.46% and Net NPA to Net Advances stood at 3.99%
as on 31st March 2015. The Provision Coverage Ratio was at
51.50% as on 31st March 2015.
E E xnE b x k 2014-15 i E E |nk {V

E 16.30% E n `1.63 |i E ii E *
The Board of Directors of your the Bank has recommended a

dividend of `1.63 per share i.e. @16.30% of paid up capital of
Bank for the financial year 2014-15.
3.4 Asset Quality
3.4
3.6
3.5 Dividend
E B JB
3.6 Offices & Branches
E E 3107 P JB B M EM BE n J *
3107 P J+ 1257 Oh, 689 +v-, 636
B 525 xM JB * k 2014-15 E n x
E 310 x< JB J M<, Vx 126 Oh, 97 +v, 61 B 26 xM Exp * <E +iH, E
i Exp 82 JB J M< *
The Bank is having 3107 domestic branches and one overseas

branch at Hong Kong. Out of 3107 domestic branches, 1257
are at Rural, 689 at Semi-urban, 636 at Urban and 525 at
Metropolitan Centre. A total of 310 new branches have been
opened during the financial year 2014-15, out of which 126
are at Rural, 97 at Semi Urban, 61 at Urban and 26 at Metro
centers. Further, 82 branches have been opened at Unbanked
centers.
Jn @h
31 S, 2015 E lli +{E E E Jn @h {]
BE { E `19308 Ec E {I `22041 Ec l, <
|E -n- 14.15% E r nV E M<* E ] Gb]
{] E E E @h E 14% (MM) xi * ]
@h E +iMi M @h |J P]E V 25% E Mi r
< , VE h @h, BE |J i{h Ij, 53% E |
r nJ M<* l , h @h Vx E + +vE OExJ
xx i < vx E xxi @h E P] E `25000
( |Vx i) E M + ] Mix E{ i
<E E g E `3 J E M *
< +M gi B, E E ] @h {] 20% E r
Ex E S * l , M @h, h +n V xx {V
+Ei @h { |Ji n VBM* E x +{x
Vn 47 + E +iH, z Exp Q 9 +iH
+ Jx E xh *
3.8 |lEi Ij
9 E E |lEi Ij +O 31S, 2014 E lli
`47741.19 Ec
g E 31S, 2015 E lli
`53909.66 Ec
M + < |E <x -n-
+v { 12.92% E r nV E* S 15 E lli
BBx E 39.56% xi *
9 E @h {U E `21923.87 Ec g E
31S, 2015 E lli `24679.42 Ec M
+ < |E <x -n- +v { 12.57% E
r nV E*
3.7 Retail Credit
3.7
Your Bank's retail credit portfolio stood at `22041 Crore as on

31st March 2015 as against `19308 Crore a year ago, thereby
registering a Y-o-Y growth of 14.15%. Total Retail Credit
portfolio constitutes 14% (approx) of the Gross Credit of the
Bank. Housing Loan, being the major constituent under Retail
Credit grew at a pace of 25% while Gold Loan, a major thrust
area, showed an impressive growth of 53%. Also, Gold Loan
Scheme has been modified to make it more customer-oriented
by reducing minimum loan limit to `25000/- (for business
purpose) and enhancing limit to `3 Lac for bullet payment
option.
Going forward, the Bank is looking at a growth of 20% in the
retail credit portfolio. Also, major thrust on loans having low
capital requirement like housing loan, gold loan, etc will be
given. The Bank has also decided to open additional 9 CRBBs
at different centres shortly in addition to its existing 47 CRBBs.
3.8 Priority Sector
E{] VE ni
E Si B EV M E VE-+lE E E
v n E HEh G { Ei * l
, +{E E E +Oh V |iE V E E
Priority sector advances of the Bank increased from

`47741.19 Crore as on 31st March 2014 to `53909.66
Crore as on 31st March 2015, registering Y-O-Y growth
of 12.92%. it constitutes 39.56% of Adjusted Net Bank
Credit as on Mar'15.
Agriculture Credit reached a level of `24679.42 Crore

as on 31st March 2015 from `21923.87 Crore last year,
registering an absolute Y-O-Y growth of 12.57%.
3.9 Corporate Social Responsibility
3.9
The Bank over the years has been actively engaged in

empowering the community through socio-economic
development of underprivileged and weaker sections. Also,
all the lead districts of your Bank have at least one RSETI
each. These 21 RSETIs have imparted 511 skill development
trainings to 14347 unemployed youth, out of which 9650 are
settled during 2014-15 for starting their own entrepreneurship
ventures. In order to speed up financial inclusion, your Bank
has established 18 Financial literacy Centres (FLCs) across
India and they are actively engaged in promoting financial
literacy.
BE +] * <x 21 +] x 14347 V M + E 511

E E |Ih |nx EB Vx 2014-15 E n x
9650 + x E k E i +{x Jn E =t S
Ex i E l{i E * k x iV x
E =q +{E E x {h i 18 k Ii Exp
(BB) l{i EB + k Ii E vx
Gi Ei *
k 2014-15 E n x, +{E E x 21+] + 18
BB E `854.51 J E E nx n * x Ex
E Ujk n + +Oh V E E E <C]E
{J |nx Ex E Vx E *
3.10 k x (B+<)
+{E E k x { E Exx i |ir x
* <x k x E +iMi xvi i E I
E i{E |{i E * +{E E x 31 S, 2015 E
lli 225 J+ E v + 4355 E j E
+Vx +]i 4580 BBB E {h { E E
*
3.11 lli 31.03.2015 E {BVb< E +iMi |Mi
During the financial year 2014-15, your Bank has extended

donations amounting to ` 854.51 lakh to 21 RSETIs & 18 FLCs.
We have also effected scholarship for girl child and scheme
for providing electric fans in govt. schools in lead districts.
3.10 Financial Inclusion (FI)
Your Bank remains committed to implementation of Financial
Inclusion initiatives. It has successfully achieved all annual
targets set under FI. Your Bank has achieved full coverage of
the allotted 4580 SSAs which has been completed through
225 Branches and deployment of 4355 Bank Mitras as on 31st
March 2015.
3.11 Progress under PMJDY as on 31.03.2015
9 |vxj
3.12
Vxvx Vx E +iMi { E
Ex E k B M, k j + i E
E nxn E +x{x +{E E x BE E Vx
i E V x E { Exi E V
* {BVb< E +iMi E 27.69 J Ji J MB
Vx 31.03.2015 E lli `114.96 Ec E
E *
In compliance of the directives of the Department of

Financial Services, Ministry of Finance & Government
of India for coverage of all the households of the
country under 'Pradhan Mantri Jan Dhan Yojana'
(PMJDY), your Bank has prepared Action Plan which
is under implementation in Mission Mode. A total of
27.69 lacs accounts has been opened under PMJDY
having outstanding balance of `114.96 crore as on
31st March 2015.
+]i M E Ji Jx E +x/k
Ii MB MB V E x EB MB x/
{ E EV + {BVb< E +iMi |{i
Ex i + iE J MB Ji xi xnx xSi
E V E*
Mass Account Opening Drive/Financial Literacy Camp

has been under taken in the allotted villages to ensure
coverage of uncovered residents/Households and
regular usages of their accounts opened so far to get
benefits under PMJDY Scheme.
B{V +<b E {I Ji J E bM + B{V

b] i +v J E bM E nx {ri E
E u Exi E M + Bx{+<
VS M *
Both the methods for seeding of Account numbers

against LPG ID and Aadhaar Number for DBT in LPG
have been implemented by our Bank and tested with
NPCI.
n ={li
3.12 Overseas presence
E E M EM bM i BE n J * M EM
J E 31.03.2014 E lli `7,590 Ec E
{I 31.03.2015 E lli gE `10,420 Ec M*
M EM J x 2014-15 `106.91 Ec E {SxMi
+ `17 Ec E x +Vi E * k 2015
Sx E xZx li |ixv E n E n M *
3.13
The Bank is having one overseas branch with a dealing room

at Hong Kong. The Business of Hong Kong has increased
from `7,590 crore as on 31.03.2014 to `10,420 crore as on
31.03.2015. The Hong Kong branch has earned operating profit
of `106.91 crore and net profit of `17 crore in 2014-15. The
representative office in Shenzhen in China has been closed in
FY 15.
x]E + {n M Sx
9 2014-15 E n x +{E E x 160 J+
<-, 48 J+ E b{V] EE, 4 J+
{E |]M EE B 93 J+ {E |]M
EE B E b{V] EE l{i EB *
3.13 Network & Delivery Channels

9 Your Bank has installed e-lobbies at 160 branches,
Cash Deposit Kiosks at 48 branches, Pass Book
Printing Kiosks in 4 branches and Pass Book Printing
Kiosks alongwith Cash Deposit Kiosks in 93 branches
during the year 2014-15.
3.14
3.15
3.16
+{E E E 2015-16 E n x xM Exp {

{h i +v { 5 <- Jx E |i * 10
+x +<] Shr { |J lx {
l{i E VBM*
E x k 2014 + 15 269 B]B l{i
EB + 31.03.2015 E lli E B]B/b
1170 *
9 Your Bank proposes to install 5 e-lobbies at off site

locations during 2015-16 in metro centres on pan
INDIA basis. Another 10 off site e-Lobbies will be set
up in phases at prime locations.
E x ix Ob +li xnx, ]x, nx E +iMi

{ i E E Ei B B+<+ E x
]B E i{E Exi E *
E x < EM i BBb (+x]CSb {]
b]) E i{E Exi E *
9 Bank has successfully implemented CTS at all MICR

locations under all the three grids viz. Northern,
Western & Southern covering pan India.
E E { Eb { Bx{+< u |hi <E v E Exi E M *
9 The E-Commerce facility on Rupay Cards of our Bank

certified by NPCI has also been implemented.
9 The Bank has deployed 269 ATM in FY-2014 &15 and

total ATM/CD is 1170 as on 31.03.2015.
9 Bank has successfully implemented USSD

(Unstructured Supplementary Service Data) facility of
Mobile banking.
x< {
3.14 New initiatives
] Gb] {] E g nx i n xB =i{n
+li + E Gb] ] x] E + +
E x x E E M<*
Two new products, viz., "All Bank Credit Loyalty

Benefit Scheme" and "All Bank New Saral Loan
Scheme" have been launched to boost the retail credit
portfolio.
E x U z Vx+ +li i + Vhr

i M @h, E @h, n{ x @h, I @h,
@h + B{Ex x <xM i n
{ BBxB E ES E ] @h |nx Ex
i i S xM ]b (BBxB) E l Zi
Y{x (B+) { iI EB *
The Bank has also signed a Memorandum of

Understanding (MoU) with Bharat Sanchar Nigam
Limited (BSNL) for extending Retail Loans to the
employees of BSNL at concessional rates in six
different schemes viz., housing, car, two-wheeler,
educational, Saral and Application Money Financing.
x vx E
E x +{x +Ei +vi i EG E +xh
E + 2014-15 E n x E x E 1264 ES
E i E V 494 +vE, 343 {E + 427 +vxl
] * 31.03.2015 E lli E E +i +
40.9 V VxE Ij E E xxi BE *
3.15 Human resource development

Your Bank has adhered to its need based recruitment
programme and has recruited 1264 employees during the year
2014-15, comprising of 494 officers, 343 clerks and 427
subordinate staff. The average age of workforce at 40.9 years
as on 31.03.2015, was one of the lowest in the public sector
banks.
3.16 Awards & Accolades
{E B |i
9
E V Exx E Ij x Ex{nx
Ex E B +{E E E 2012-13 i M j,
i E u |iì <n Mv V {E
E +iMi 14 i, 2014 E ui {E |nx
E M *
Your Bank has been awarded "Second Prize" under

prestigious "Indira Gandhi Rajbhasha Puraskar" for
the year 2012-13 from Ministry of Home affairs,
Government of India on 14.09.2014 for commendable
performance in implementing the Official Language
policy in the Bank.
+{E E E 2012-13 i V E V b
|iMi E ii 13 x, 2014 E i V
E E Exp E, < +Vi BE
ix {E |nx E M*
Your Bank was awarded "Consolation Prize" under

"Reserve Bank Rajbhasha Shield Competition" for the
year 2012-13 on 13.11.2014 in a grand ceremony held
at Mumbai in Central Office of the Reserve Bank of
India.
+{E E E b E, {]x E V M,
M j, i E E Ij Exx E
({ Ij) u 18.02.2015 E |l {E |nx
E M*
Your Bank's Patna Zonal Office has been awarded

"First Prize" by the Regional Implementation Office
(Eastern Region) of Department of Official Language,
Ministry of Home Affairs, Govt. of India on 18.02.2015.
4.
4. Acknowledgements
E n x b + b {niM Ex xnE u
EB MB Mnx i + H Ex Si * E i
E, i V E b E =xE + Mnx + ii
lx i =xE |i EiYi Y{i Ei * +{x E
M, OE + vE E |i nE + H
Ex Si VxE +l + E x E iE x
{S {i V +V + l , E E |ir ] n
E < x l E i =xE +lE | E |i +
H Ei *
I wish to place on record the valuable contributions made by

the Board and the Directors of the Board who demitted office
during the year. The Bank is also grateful to the Government
of India, the Reserve Bank of India and the Board for their
invaluable guidance and unstinted support. I also wish to
extend my sincere gratitude to our business associates,
customers and shareholders without whose faith and trust,
the Bank would not have reached where it is today and also,
to the committed staff members of the Bank for their tireless
efforts in serving this great institution.
E E + + HMi { < + { ivE

E vxn nx Si + =x ii Ih, Mnx +
lx E +{I Ei * +{ ii M E +{I Ei
*
On behalf of the Bank and on my personal behalf, I take this

opportunity to thank all the stakeholders and look forward to
their continued patronage, guidance and support. We look
forward to your continued association.
vxn
+{E
Thank you
22 <, 2015
Yours sincerely
(E `)
+vI B |v xnE
(Rakesh Sethi)
22nd May, 2015
Chairman & Managing Director
<n E
ALLAHABAD BANK
xnE E {]
DIRECTORS REPORT
1. k 14-15 +lE {o + k 15-16 i

xB
1. ECONOMIC SCENE IN FY14-15 & OUTLOOK FOR

FY15-16
1.1 i +ll E MEx B o]Eh
1.1 OVERVIEW OF INDIAN ECONOMY & OUTLOOK
{U n i +ll +lE n, Sl pi,

gi VE P], n P M, n Ji +ix +
{B E +li vi +I |Ji: H * xB
|CEx E +x k 15 E i i E B
r Miv 0.4% E M] +< * < i i
+tME Ij 3.9% E r nV E M< + Ij 13.5%
E n +E E r nJ M<*
The Indian economy stands mainly relieved of the

vulnerabilities associated with an economic slowdown,
persistent inflation, elevated fiscal deficit, slackening domestic
demand, external account imbalances and volatility of the rupee
in the last two years. As per the new estimate, though
agriculture and allied activities fell by 0.4% in Q3FY15, for the
same quarter, industry sector registered a growth of 3.9% and
services sector witnessed double-digit growth of 13.5%.
x< V (+v 2012) E +x S 15 i Jn pi

{U E = E 8.25% E ix 5.17% * Jt
pi {{i E +< + -n- S14 E
8.64% P]E S 15 6.14% M<*
As per the new series (base year 2012), retail inflation for
Mar15 was lower at 5.17% as compared to 8.25% for the same
month a year ago. Food inflation also came down substantially
Y-o-Y from 8.64% in Mar14 to 6.14% in Mar15.
S Ji + <E k{h i xB +xE * i E

S Ji P] (Bb) k E n i 2.0%
E Si E k 15 E i i B$8.2 x
+l Vb{ E 1.6% M; il{, k 14 E
i i E 0.9% MM nMx *
The outlook is favourable for the current account and its

financing. Indias current account deficit (CAD) narrowed to
US$8.2 billion or 1.6% of GDP in Q3FY15 from 2.0% in
Q2FY15; however, it almost doubled from 0.9% in
Q3FY14.
k 15 E +v i S +tME r BE { <x
x i (-) 0.1% E ix 2.8% * ={H i+ x
+tME Miv E vi Ex V J CE ]E>
i+ E M n x V <xE =i{nx { xEiE
| {c* k 15 E n x + iE xh Ij v
E E i xV +B + < k 14 0.8% E E Sx
E ix 2.2% E r nV < *
The cumulative industrial growth for the period FY15 stood at

2.8% as compared to (-) 0.1% for the same period a year ago.
Consumer goods continued to drag the industrial activity as
demand for durable goods remained muted, thereby, impacting
its output negatively. Manufacturing sector has shown signs of
recovery during FY15 and registered a growth of 2.2% as
against a contraction of 0.8% in FY14.
k 2015 E n x i E xi B$286.58 x
+ < |E <x -n- +v { 0.88% E r nV
E* < +v E n x xi 0.71% g E B$411.80
x * k 15 { ix BE { E o
+v E B$124.84 E ix B$125.22 *
Indias exports stood at US$ 286.58 billion during FY15, thereby

registering a Y-o-Y growth of 0.88%. Imports also increased
by 0.71% to US$ 411.80 billion during the same period. Trade
balance stood at US$125.22 in FY15 as compared to
US$124.84 in the corresponding period a year ago.
V +Ec < il E + E i Ei E r E
{x: +i M< * n i E Ei BE { E i
xxi x + xv E {{i +i| +
+ v E { E i | B i O ]
+lE li E B E +SU M * ] +lE li +
E E vn ogi + n =zi M]
=ii E +<BB + E V l+ x 2015
+ =E +M i i +n r o]Eh |ii E *
The recently released data points to the fact that the revival of
growth has been initiated. If oil prices continue to remain lower
than a year ago along with plentiful inflow of funds from the
rest of the world and the potential impact of the reform initiatives,
then these will augur well for the overall macroeconomic
situation. Encouraged by macro-economic stability and the
reformist intent and actions of the government, together with
improved business sentiments in the country, institutions like
IMF and the World Bank have presented an optimistic growth
outlook for India for the year 2015 and beyond.
i +lE Ih x k 15 P +ll
7.5% r E +xx M * +<BB E b <ExE
+=]E E +x 2015 i E Vb{ r og E
The Indian Economic Survey has projected the domestic

economy to grow by 7.5% in FY15. According to IMFs World
Economic Outlook 2015, Indias GDP growth is expected to
7.5% x E +xx * E E +x i E Vb{ r

2014-15 g E 7.2% x il 2015-16 +
vE 7.6% x E x *
strengthen to 7.5% in 2015. The World Bank expects Indias

GDP growth to accelerate to 7.2% in 2014-15, further improving
to 7.6% in 2015-16.
EE V n M E li, E { + V{x ,
Sx n + E r E x E x , EV
P M + +SxiE =zx =i{z +iE Sxi
{< E |G VJ Jc Ei *
External factors like subdued demand conditions, particularly

in Europe and Japan, recent slowdown in China and internal
challenges emanating from below normal agricultural growth,
weak domestic demand and infrastructural up-gradation poses
risk to the road to recovery.
1.2
E +ll MEx B o]Eh
1.2 OVERVIEW OF GLOBAL ECONOMY & OUTLOOK
2014 E |l i E Sx E {Si .B. +ll

+{I +vE =U + il V M + E < VE
iE n n * b E r nPEE
E b { |i |J =zi n + M] +< *
The U.S. economy rebounded ahead of expectations after the

contraction in the first quarter of 2014 and the unemployment
declined further while inflation pressure stayed muted. Due to
dollar appreciation, long-term government bond yields have
declined further in major advanced economies.
B +ll x 2014 E +i i 2.2% E r nV

Ex E n 2015 E |l i 0.23% E n r nV E
* < n b {]] E =SS V n { J V E* <E
l-l Vi b B xi E S] {S V
x 2014 Mi M] + *
In the first quarter of 2015, the US economy posted a sluggish

0.23% growth after recording 2.2% growth in the final quarter
of 2014. This slowdown could keep the Fed patient in hiking
interest rate. Also, strong dollars is hurting US exports which
has been falling consistently since November 2014.
2015-16 E r 3.5% +xxi E M< VE

J Eh i E Ei iV M] E Eh EU |J i
xiE n EV Miv* r i J >{ VJ
i E xxi Ei x k g E i
+{i +Pi E x x E +xSii *
Global growth in 2015-16 is projected at 3.5% mostly due to

weaker activity in some major oil exporters because of sharp
drop in oil prices. The main upside risk to growth is a greater
boost from lower oil prices although there is uncertainty about
the persistence of the oil supply shock.
xxi i Ei u li P M, +vE =n VE
Vx, + Vi pE xi E ii lx B
+ll 3.0% +vE E r x E +xx *
Growth in the U.S. economy is expected to exceed 3.0% with

domestic demand supported by lower oil prices, more moderate
fiscal adjustment and continued support from an
accommodative monetary policy.
Ij E Miv n E +xx V 2015 1.2%

+ 2016 1.4% E E r E +xx M M
VE J Eh EV x + pi x
Mi M]*
Activity in the Euro area is projected to be slower with annual

growth projected at 1.2% in 2015 and 1.4% in 2016 largely on
account of weak investment and inflation expectations
continued to decline.
1.3
EM MEx B o]Eh
1.3 BANKING OVERVIEW & OUTLOOK
20 S 2015 E {i {Jc E n x +xSi hVE

E E E @h 9.8% gE `64.65 ]x M* <
+v E n x E E V 11.41% gE `85.86
]x M<* V 10.88% E r < VE
M V r 2.41% P] M<*
Outstanding credit of scheduled commercial banks increased

by 9.8% to `64.65 trillion during the fortnight ended 20th Mar15.
During the same period, aggregate deposits increased by
11.41% to an outstanding of `85.86 trillion. The growth in time
deposits increased by 10.88% whereas for demand deposits,
growth declined by 2.41%.
E @h k 15 E MM { n x * l
xB +n { Miv + Ij E z i E iE
n x * E { n n E]i E SE
VE Sh E l-l v-v nJ< n *
Bank credit has remained subdued for almost the entire part of
FY15. Also, activity on new orders and various concurrent
indicators of services sector have remained subdued. The RBI
has already made two rate cuts, the transmission of which is
being seen gradually in due course of time.
i +ll + Exi E V xiMi { E

x+ E l {ih E nV { Jc * EiE
xB, =zi OE il + +vE xji pi
+lE r E g nx nn x SB* +vi +Sx
{ =SSi , {Vx+ E i Exx, + v E V
x r E + +vE M* EM Ij
The Indian economy is now on the threshold of major

transformation, with expectations of policy initiatives being
implemented. Positive sentiments, improved consumer
confidence and more controlled inflation should help boost the
economic growth. Higher spending on infrastructure, speedy
implementation of projects and continuation of reforms will
provide further impetus to growth. All this translates into a strong
10
og r i {hi i CE iV gi +{x
@h +Ei+ i E E { +i + E E r nn
Ei *
growth for the banking sector too, as rapidly growing business

turn to banks for their credit needs, thus helping them grow.
S E E x +{x +v n E E Ex E n ,
+{I E Vi E @h-=`x iV +BM CE |J
=tM, E xh =tM E {xilx i E u
i |nx E V * < Mh Ij E +{x {Sx {x:
+ Ex nn M + < {< +vE M + @h
E M gM* +i: x E k 16 EM Ij @h
+ V nx { =SSi r E I M *
As banks will start lowering their base rates, it is expected

that credit-off take will pick-up as the major industries
especially manufacturing are being supported by the
Government for their revival. It will help the ailing sectors to
restart their operations, and in turn will lead to more recoveries
and increased demand for credit. Therefore, the banking sector
in FY16 is expected to witness higher growth in terms of both
credit and deposits.
2.
<n E E Ex{nx
2. PERFORMANCE OF ALLAHABAD BANK
E E Ex{nx E h k 14-15 E n x ={H

]-+lE B EM { E {|I xi { E
Vx *
2.1
The performance of the Bank is to be analyzed concomitantly

with the aforesaid macroeconomic and banking environment
during FY14-15.
{SxMi {h
2.1 OPERATING RESULTS
J xnb E E Ex{nx xxx |ii :
Banks performance in key business parameters is

presented below :
Ec )/( Amount
` in Crore)
S 13
S 14
r (%)
(-n-)
S 15
r (%)
(-n-)
xnb / Parameter
Mar13
Mar14
Mar15
Growth (%)
E / Total Business
E V / Total Deposits
E +O / Total Advances
E x / Gross Investments
x /Net Profit
{SxMi / Operating Profit
]bM E Uc E {Sx /
309678
178742
130936
58617
1185
3385
331748
190843
140905
64348
1172
4020
Growth (%)
(Y-O-Y)
7.13
6.77
7.61
9.78
(1.11)
18.76
346519
193424
153095
56777
620.90
4460
4.45
1.35
8.65
(11.77)
(47.02)
10.93
2705
3733
38.00
3890
4.21
2200
18913
2848
20913
29.45
10.57
3839
21712
34.77
3.82
15527
16892
8.79
17252
2.13
4866
5311
9.14
6178
16.32
Operating Profit Ex. Trading Profit
|vx B +EEiB /
Provisions & Contingencies
E + / Total Income
E (|vx E Uc E) /
Total Expenditure (Excl. Prov.)
V |b / Interest Spread
2.2
Ex{nx ]iB
2.2 PERFORMANCE HIGHLIGHTS
31 S, 2015 E lli E E E {U
E `3,31,748 Ec E {I -n- +v { 4.45%
E r ni B gE `3,46,519 Ec M*
Total business of the Bank increased to `3,46,519 crore

as on March 31, 2015 as against `3,31,748 crore in
previous year, registering a Y-o-Y growth of 4.45%.
k 14-15 i E E {Sx {U E
`4020 Ec
E {I -n- +v { 10.93% E
r ni B gE `4460 Ec M*
x {U E `1172.02 Ec E {I 31.03.2015
E {i k E n x -n- +v { 47.02% E
@hiE r ni B P]E `620.90 Ec M*
Operating profit increased to `4460 crore for the financial

year 14-15 as against `4020 crore during the previous
year, showing a Y-o-Y growth of 10.93%.
Net profit came down to `620.90 crore during the financial
year ended 31.03.2015 as against `1172.02 crore last
year, showing a negative growth of 47.02%.
11
2.3
x V Vx (Bx+<B) {U E 2.75% E {I
31S, 2015 E {i k E n x gE 3.10%
M*
Net Interest Margin (NIM) increased to 3.10% during the

financial year ended March 31, 2015 as against 2.75%
during last year.
E E E V -n- +v { 1.35% E r
ni B {U E `190843 Ec gE `1,93,424
Ec M<*
Deposits of the Bank increased to `193,424 crore from

`190,843 crore last year, thereby registering a Y-o-Y
growth of 1.35%.
E @h {U E `1,40,905 Ec E {I iV
gE `1,53,095 Ec M* -n- +v { <
8.65% E r <*
@h V +x{i 31S, 2015 E lli 79.60% *
Gross credit surged to `153,095 crore from `140,905 crore

last year. On a Y-o-Y basis, it increased by 8.65%.
Jn @h -n- 14.15% E r E l iV
gE `22041 Ec M*
Retail credit surged to `22,041 crore, recording a Y-o-Y

growth of 14.15%.
31S, 2015E {i k E n x Mxv M V

+ {U E `1085 Ec E {I `1137 Ec *
Non-Fund non-Interest Income during financial year

ending March 31, 2015 stood at `1137 crore as against
`1085 crore last year.
31.03.2015 E lli {V {{ii +x{i -II

xnb E +iMi 10.52% + -III xnb E +iMi
10.45% *
31.03 2015 E lli E +O E Bx{B +
x +O x Bx{B G: 5.46% + 3.99%
*
Capital Adequacy Ratio stood at 10.52 % as on 31.03.2015

under Basel II norms and at 10.45% under Basel III norms.
31.03 2015 E lli |vx EV +x{i 51.50%

*
Provision Coverage Ratio stood at 51.50% as on

31.03.2015.
Credit- Deposit ratio stood at 79.60% as on March 31,

2015.
Gross NPA to Gross Advances and Net NPA to Net

Advances ratios stood at 5.46% and 3.99% respectively
as on 31.03.2015.
{V B +Ii xv
2.3 CAPITAL & RESERVES
k 2014-15 i `320 Ec E {V +i:| Vx E

{I E x `10/-|iE E +Ei E 2,67,69,282 <C]
E `119.54 E xEn xM { |i , `109.54
|i | i i E(i E ]{i) E 25.03.2015
xM + +]x E *
The Bank has issued and alloted 26769282 Equity Shares

having face value of `10/- each at an issue price of `119.54
per share including a premium of `109.54 per share on
preferential basis to Govt. of India on 25.03.2015 against their
capital infusion plan in the Bank to the tune of `320 Crore for
FY 2014-15.
i E E =H <C] E +vx xM + +]x E

Eh E E |nk <C] {V 31.03.2014 E lli `544.61
Ec gE 31.03.2015 E lli `571.38 Ec M<
+ i E E vi 31.03.2014 E lli 58.90%
g E 31.03.2015 E lli 60.83% M<*
Due to said preferential issue and allotment of equity to Govt.

of India, the paid up capital of the Bank increased from `544.61
Crore as on 31.03.2014 to `571.38 Crore as on 31.03.2015
and the shareholding of Government of India has increased
from 58.90% as on 31.03.2014 to 60.83% as on 31.03.2015.
+Ii xv + +v 31.03.2014 E lli `11256.12

Ec fE 31.03.2015 E lli `12071.40 Ec
MB*
The reserves and surplus went upto `12071.40 Crore as on

31.03.2015 from `11256.12 Crore as on 31.03.2014.
E E xnE b x k 2014-15 i E E |nk {V

E 16.30% E n `1.63 |i E ii E *
2.4 DIVIDEND
2.4
3.
The Board of Directors of the Bank has recommended a

dividend of `1.63 per share i.e. @16.30% of paid up capital of
Bank for the financial year 2014-15.
{o
3. BUSINESS OVERVIEW
Banks total business reached a level of `3,46,519 Crore as
on 31.03.2015, thereby registering a Y-o-Y growth of 4.45%
and an absolute increase of `14,771 Crore.
lli 31.03.2015 E E E E `3,46,519 Ec

E i iE {S M, V -n- +v { 4.45% E r
+ O { `14,771 Ec E r nV E M<*
12
3.1
V Oh
3.1 DEPOSIT MOBILISATION
E E E V {U E 6.77% r E {I lli
31.03.2015 E 1.35% E r ni B `1,93,424 Ec
M<* <E Eh l E n x =SS Mi E lE V
+ b E ]x E B E u M Ei xh*
VE {h{ E E V + +Ec {U
E ix xxi r <* Si E V lli
31.03.2015 E `5228 Ec gE ` 55956 Ec M< V
E V E 29.09% * E x E V E Oh
{ n + |iJ |inx Si E Ji Jx {
n VE {h{ E % 31.53% gE 33.75%
M*
3.2 @h +xVx
E E E +O lli 31.03.2015 E 8.65% gE
`153095 Ec
M* @h-V +x{i Mi k E
74.26% E {I 79.60% * 31.03.2015 E lli E
E +v n 10.25% * +O { |i Mi k E
10.83% E {I 31.03.2015 E lli 10.91% *
Total deposits of the Bank showed a growth of 1.35% to

`193424 Crore as on 31.03.2015 as against a growth of
6.77% a year ago. The reason being, a conscious decision
taken by the Bank to shed part of high cost bulk deposits and
CDs during the year and this has resulted into lower growth
rate in Deposits and Business figures of the Bank, compared
to previous years. SB deposits grew by `5228 crores to `55956
Crore as on 31.03.2015, constituting 29.09 % of aggregate
deposits. Bank emphasized on CASA deposits mobilization
and special emphasis was given on Savings Bank A/c opened
per branch per day as result CASA % increased from 31.53%
to 33.75%.
E x ii {nM B @h |x k {{] E
+MEh { |Ji n * E n x @h E Mhk
Zi EB x xh x E Mi E iV Ex E | EB
MB * +i E Mhk v x E +{x ix E
hxi E + E { +O E ix li xE]
+x + E { {i Mx + E i {
E EV/i SE E xvh Ex E B E h
E * < @h E Mhk M] E E x E B E
E viE ={ Ex nn M, V {j @h
E {xM`x *
The Bank has major thrust on faster delivery and adoption of

best practices in credit administration. During the year, efforts
were made to improve the speed of decision making without
compromising on quality. As a part of its ongoing business
strategy to improve the quality of assets, the Bank analyzes
the prevailing position, problems foreseen in near future and
identifies weaknesses/ potential defaults at any stage. This
enables the Bank to take corrective steps to prevent impairment
in credit quality, which includes restructuring in deserving
cases.
3.2.1
3.2 CREDIT DEPLOYMENT

Total advances of the Bank went up by 8.65% to `153095
crore as on 31.03.2015. Credit-Deposit ratio stood at 79.60%
as against 74.26% last financial year. The Base Rate of the
Bank was 10.25% as on 31.03.2015. Yield on advances stood
at 10.91% as on 31.03.2015 as against 10.83% last fiscal.
] @h
3.2.1 RETAIL CREDIT
31.03.2015 E lli ] @h E +iMi {] BE

{ E `19308 Ec E {I `22041 Ec l, < |E
-n- 14.15% E r nV E M<* E ] Gb] {]
E E E @h E 14.4% * ] @h E +iMi M @h
|J P]E V 25% E Mi r < , VE h
@h, BE |J i{h Ij, 53% E | r nJ M<*
l h @h Vx E + +vE OExJ xx i
< vx E xxi @h E P] E `25000 (
|Vx i) E M + ] Mix E{ i <E
E g E `3 J E M *
+ E ] @h {] 20% r Ex { S E
, l M @h, h @h +n V E {V +{I @h
{ |Ji n VBM* E x Vn 47 + E
+iH z Ep 9 + + Jx E xh *
3.2.2
The portfolio under Retail Credit as on 31.03.2015 stood at

`22041 Crore as against `19308 Crore a year ago, registering
Y-o-Y growth of 14.15%. Total Retail Credit portfolio constitutes
14.4% of the Banks Gross Credit. Housing Loan, a key
constituent under Retail Credit grew at a pace of 25% while
Gold Loan, a major thrust area, showed an impressive growth
of 53%. Also, Gold Loan Scheme has been modified to make
it more customer-oriented by reducing minimum loan limit to
`25000/- (for business purpose) and enhancing limit to `3 Lac
for bullet payment option.
Going forward, the Bank is looking at a growth of 20% in the

retail credit portfolio. Also, major thrust on loans having low
capital requirement like housing loan, gold loan, etc will be
given. The Bank has also decided to open an additional 9
CRBBs at different centres shortly in addition to its existing 47
CRBBs.
|lEi Ij @h
|lEi Ij @h 31S, 2014 E lli `47741.19
Ec g E 31S, 2015 E lli `53909.66
Ec M + < |E <x -n- +v { 12.92%
E r nV E* E x 31S, 2015 E lli BBx
E 39.56% |{i E *
3.2.2 PRORITY SECTOR CREDIT

Priority Sector Credit grew from `47741.19 Crore as on
March 31, 2014 to `53909.66 Crore as on March 31,2015
registering Y-O-Y growth of 12.92%. The Bank has
achieved 39.56 % of ANBC as on March 31, 2015.
13
Agriculture Credit increased from `21923.87 Crore as on

March 31, 2014 to `24679.42 Crore as on March 31, 2015,
registering an absolute Y-O-Y growth of 12.57%. Bank
has achieved 18.11 % of ANBC as on March 31, 2015.
E @h 31S, 2014 E lli `21923.87 Ec

g E 31S, 2015 E lli `24679.42 Ec
M + < |E <x -n- +v { 12.57% E
x{I r nV E* E x 31S, 2015 E lli
BBx E 18.11% |{i E *
|iI E @h 31S, 2014 E lli `16686.99
Ec g E 31S 2015 E lli `19115.44
Ec M + < |E <x -n- +v {
14.55% E r nV E* E x 31S, 2015 E lli
BBx E 14.03% |{i E *
k 2014-15 E n x E @h x @h ih
`7562.92 Ec
iE {S M *
31.03.2015 E lli |lEi Ij B EV M
E +iMi E E Ex{nx xxx :
={ Ij
S/Mar '13
Direct Agriculture Credit increased from `16686.99 Crore

as on March 31, 2014 to `19115.44 Crore as on March
31, 2015 registering an absolute Y-O-Y growth of 14.55%.
Bank has achieved 14.03 % of ANBC as on March 31,
2015.
Fresh Credit Disbursal in Agriculture Loans reached
`7562.92 Crore during the financial year 2014-15.
The Banks performance under Priority Sector and
Weaker Sections as on 31.03.2015 is presented below:
S/Mar '14
S/Mar '15
Sub-Sector
(` Ec )/( Amount ` in Crore)

r (%)
S '14 E {I
Growth (%)
Over March '14
|iI E (BBx E %)
(xnb xxi 13.5 %)
Direct Agriculture (% to ANBC)
(Norm 13.5% Min.)
13711.99
(12.69%)
16686.99
(13.39%)
19115.44
(14.03%)
14.55
3976.20
(3.68%)
5236.88
(4.20%)
5563.98
(4.08%)
6.25
17688.19
(16.37%)
21923.87
(17.59%)
24679.42
(18.11%)
12.57
16570.21
5145.04
19519.66
6297.66
22358.79
6871.45
14.54
9.11
39403.44
(36.47%)
47741.19
(38.30%)
53909.66
(39.56%)
12.92
+|iI E (BBx E %)
(xnb xxi 4.5 %)
Indirect Agriculture (% to ANBC)
(Norm 4.5% max.)
E E (BBx E
(xnb 18)
%)
Total Agriculture
(% to ANBC)
(Norm 18%)
I B P =t/
Micro & Small Enterprises
+x |I@/Other PSC
E |I@
(BBx E %)
xnb -40%
Total PSC
(% to ANBC)
(Norm 40%)
i.
{ Ex Eb (+E )
i.
RUPAY KISAN CARDS ( RKC )
k 14-15 E n x E x 3.13 J xB Ex
Gb] Eb V EB V `4590.21 Ec E @h
xi *
The Bank issued 3.13 lacs fresh Kisan Credit Cards

involving a credit amount of `4590.21 crore during
FY14-15.
E +I E Ex Gb] Eb Vx E +iMi
E @h +nx E bV] { |M E *
The Bank is digitally processing all KCC loan applications

under Akshay Krishi-Kishan Credit Card Scheme.
14
ii.
E Ji B]B v |nx Ex { Ex Eb
09.02.2013 + EB MB* i E E +xn E
+x E x {j E JivE E { Ex Eb
V Ex E n *
RuPay Kisan Card providing ATM facility in KCC accounts

has been launched on 09.02.2013. As per instructions of
Government of India, Bank has started issuing RuPay
Kisan Cards to all eligible KCC account holders.
S 2015 iE E x 3.29 J Eb V EB + <x

< k E n x i {j E Ji vE E
Eb V Ex E Vx x< *
Bank has issued 3.29 lacs Cards till March 2015 and has
planned to issue cards to all eligible KCC account holders
during this Financial Year.
Bbbb+ Vx-2008 E +iMi Ji E {x: i{x
ii.
Bbbb+ Vx-2008 E +iMi Ji E {x: i{x

E |G { E M< * i{h il UcUc E
E< P]x x {< M< *
iii.
BB< Ij k{h
iv.
<G B P =t(BB<) Ij E @h 31S, 2014 E

lli `19519.66 Ec g E 31S, 2015 E
lli `22358.79 Ec M Vx -n- +v
{ `2839.13 Ec (14.54%) E x{I r nV E *
{E H @h x V]BB< E +iMi EV
The process of re-verification of agriculture accounts under

ADWDRS-2008 has been completed in our Bank. There
is no incidence of any tampering of material facts that
have been found.
iii. MSE SECTOR FINANCING
Credit to Micro and Small Enterprises (MSE) grew from
`19519.66 Crore as on March 31, 2014 to `22358.79
Crore as on March 31, 2015 registering an absolute YOY
growth of `2839.13 Crore (14.54%).
iv. COLLATERAL FREE LOANS VIS--VIS COVERAGE
UNDER CGTMSE
E x V]BB< E +iMi EB MB {E H
@h E {nM { n * 31.03.2015 E lli
V]BB< E +iMi `1611.12 Ec E 34866 |i
E E E M *
v.
vi.
vii.
RE-VERIFICATION OF ACCOUNTS UNDER ADWDR

SCHEME-2008
The Bank has given thrust on credit delivery to collateral

free loans covered under CGTMSE. As on 31.03.2015,
34866 proposals have been covered under CGTMSE
amounting to `1611.12 Crores.
<G k l+ (BB+<) E E BC{V
v.
BANKS EXPOSURE
INSTITUTIONS(MFIs)
TO
MICRO
FINANCE
31.03.2015 E lli 14 BB+< Ji E

`364.49 Ec l*
As on 31.03.2015, outstanding prevails at `364.49 crores

in 14 number of MFI accounts.
k 2014-15 E n x E x xx BV E l
Zi Y{x { iI EB
vi. BANK HAS ENTERED MOU WITH FOLLOWING

AGENCIES DURING FY 2014-15
E x xv |{i Ex i BxBBb E l E
Y{x(B+B) { iI EB <x xv E ={M +xSi
Vi E =vEi+ E +M @h nx E B E VBM
VxE {E + n M J E +li
ix Oh Ij i `81000/- |.. + Ij i
`103000/- |..*
The Bank has signed the Memorandum of Agreement

(MoA) with the NSFDC for obtaining the funds which will
be used for onward lending to Schedule caste borrower
having family income less than double the poverty line
presently `81000 p.a. for rural and `103000 p.a. for urban
areas.
+Oh E Vx
vii. LEAD BANK SCHEME:
E =k |n E 13 ZJb E 2 il v |n + {S
M E BE-BE V i E 17 V +Oh E
ni E xx E *
Bank is having Lead Bank responsibilities in 17 districts,

13 in Uttar Pradesh, 2 in Jharkhand and one each in
Madhya Pradesh and West Bengal.
V @h Vx 2014-15 E +iMi E x <x V

|lEi Ij @h E +iMi `3459.63 Ec E I E
{I `3309.54 Ec E @h ii E I E 95.66%
E *
+Oh E E { , E x {BVb< i V B
Exp E E EG E Exx { E *
The Bank disbursed `3309.54 crore under Priority Sector

Credit against a target of `3459.63 crore under District
Credit Plan 2014-15 achieving 95.66% of the target.
As Lead Bank, our bank took initiatives in implementing
all State and Central Government programmes including
PMJDY.
15
3.3. E +vi +
3.3 FEE BASED INCOME
E x 31S, 2015 E {i k E nx {U E
`1084.67 Ec
E ix 4.79% r nV Ei B `1136.73
Ec E E +vi + +Vi E* E x <x k =i{n
E G i { i 121 {hx +vE + 38 Ei
H + 15 {hx |vE E +xVi E *
The Bank has earned fee based income of `1136.73 crore

during the financial year ended March 31, 2015 as compared
to `1084.67 crore last year, registering growth of 4.79%. The
Bank has deployed 121 Marketing Officers, 38 specified
persons and 15 Marketing Managers for sale of these products
pan India.
E x S 2015 ]{{/BB/b{ + +x<x ]bM

+Vx E E I E 81.93% |{i E * <x + E
+ S 2014 E `23.60 Ec E ix S 2015
`24.58 Ec
*
The Bank has achieved 81.93% of its total budget of earnings

from TPP/CMS/ DP and Online Trading in March 2015. The
total income across these services has amounted to `24.58
crore in March 2015 as compared to `23.6 crore in March
2014.
3.4
E B JB
3.4 OFFICES & BRANCHES
E E 3107 P JB B M EM BE n J *
3107 P J+ 1257 Oh, 689 +v-, 636
B 525 xM JB * k 14-15 E n x 310 x<
JB J M< Vx 126 Oh, 97 +v-, 61 B
26 xM Exp * <E +iH, E i Exp 82
JB J M<*
The Bank is having 3107 domestic branches and one overseas

branch at Hong Kong. Out of 3107 domestic branches, 1257
are at Rural, 689 at Semi-urban, 636 at Urban and 525 at
Metropolitan Centre. A total of 310 new branches have been
opened during the financial year 2014-15, out of which 126
are at Rural, 97 at Semi Urban, 61 at Urban and 26 at Metro
centers. Further, 82 branches have been opened at Unbanked
centers.
+i] EM
E +{x +i] 53 |vEi/xq] J+ E
v Si Ei Vx 5 +xi] JB + M EM
li BE n J * E E B]B J <
BE ExpEi {hi VVi C bM V 9 E
n p xnx E Sx Ei + 13 x] B 1
] Ji E JJ Ei * 31.03.2015 E lli E
E xi @h `2548 Ec * E xiE E + +vE @h
|nx Ex i En =` * xiE E =x ={v
z v+ E VxE nx i z Exp { xiE E
` E +Vi E Vi * E x |J n E E l
E{b] v xB J * E +{x J+ E v
+x i E +Ei+ E { Ei *
3.5 INTERNATIONAL BANKING
n ={li
E E M EM bM i BE n J * M EM
J E 31.03.2014 E lli `7590 Ec E
{I 31.03.2015 E lli gE `10420 Ec M*
M EM J x 2014-15 `106.91 Ec E {SxMi
+ `17 Ec E x +Vi E * E x k
14-15 xZx, Sx +{x |ixv E n E n*
3.6 OVERSEAS PRESENCE
3.5
The Bank carries out its International business in India through

its 53 authorized/designated branches, which includes 5
International branches & through its overseas branch at Hong
Kong. Bank also has a centralized fully equipped forex dealing
room at FCTM Branch Mumbai which handles forex
transactions in 9 currencies and maintains 13 Nostro accounts
and 1 Vostro account. Export Credit of the Bank as on
31.03.2015 stood at `2,548 crores. The Bank is taking all steps
to increase the credit flow to exporters. Exporters meets are
arranged at various centres to explain various facilities
available to them. The Bank maintains correspondent
relationship with prime banks abroad. The Bank is also catering
to the needs of Non-Resident Indians through its branches.
3.6
4.
The Bank is having one overseas branch with a dealing room

at Hong Kong. The Business of Hong Kong has increased
from `7,590 crore as on 31.03.2014 to `10,420 crore as on
31.03.2015. The Hong Kong branch has earned operating
profit of `106.91 crore and net profit of `17 crore in
2014-15. The Bank closed its Representative Office in
Shenzhen, China in FY14-15.
4.
k x
E x EE EM x E v EM B |nx
Ex i U |ni+ E xH E +li . <]O
<G ] |. ., . Vx <b }] BC{]
. . +ii ]CxV |. ., . B- <-Mxx
V <b ., GM }] |. ., . B+<B
]CxV V, |. .*
31.03.2015 E lli 225 J+ E v +
4355 E j E +Vx +]i 4580 BBB
E EV { E *
FINANCIAL INCLUSION
The Bank has engaged six Service Providers namely
M/S Integra Micro System Pvt. Ltd, M/S Vision India
Software Exports Ltd., M/S. Atyati Technologies Pvt. Ltd,
M/s CSC e-Governance Services India Limited, M/s
Vakrangee Software Limited, M/s FIA Technology Services
Pvt. Ltd, for providing banking services through Kiosk
Banking Solution.
Coverage of all allotted 4580 SSAs has been completed
through 225 Branches and deployment of 4355 Bank
Mitras as on 31.03.2015.
16
4.1
4.2
31.03.2015 E lli B + E J+ E v
J MB xn Si E V Ji (BbB) + x
Ji E J 88.19 J iE {S M<*
Opening of Basic Savings Bank Deposits Accounts

(BSBDAs) & No Frill A/C through BCAs and Branches
has reached 88.19 lac as on 31.03.2015.
31.03.2015 E lli B + E J+ E v
xn Si E V Ji (BbB) + x
Ji V `735.05 Ec iE {S M<*
Deposits in Basic Savings Bank Deposit Accounts

(BSBDAs) & No Frill A/C through BCAs and Branches
has reached `735.05 Crore as on 31.03.2015.
k 2014-15 E n x `307.57 Ec E E 21.28

J xnx EB MB*
A total of 21.28 Lac transactions have taken place during

the financial year 2014-15, amounting to `307.57 crore.
k Ii + @h { Exp(BB)
4.1 FINANCIAL LITERACY AND CREDIT COUNSELING

CENTRES (FLCC)
E E 17 +Oh V 17 + EEi BE
BB E E * < |E + 18 BB Ei
*
Oh + +v- JB i V E E
k Ii { Gi Mi E *
Bank has 17 FLCs operating in all 17 Lead Districts and

one in Kolkata. As such, 18 FLCs are functioning now.
E 67262 Oh < xi B Vx 36754

E E OE x MB * (26694 { E E OE l)
Total 67262 Rural youth have been benefitted of which

36754 have been converted into Bank customer (26694
were already Bank customer).
All the Rural and Semi Urban branches are also actively
participating in the financial literacy initiatives of Reserve
Bank of India.
Ij Oh E (++)
4.2 REGIONAL RURAL BANK (RRB)
E u |Vi BE Ij Oh E -<n { Oh
E, n (=|) * B{V E Ex{nx Mi v
+ + <E x 2013-14 ` 21.94 Ec E
{I 2014-15 E nx gE `51.11 Ec (+J
{Ii) M*
V `7400 Ec E I E {I S 14 E ix
14.11% E r nV Ei B `7345.59 Ec (+J
{Ii) * +O, S 14 E ix 14.04% r |{i
Ei B `4956.41 gE `5652.17 Ec (I
`5860.00 Ec
) MB*
E nxn E +x B{V E JB
i{E B <O] M< + +{x OE E
Bx<B]/+]VB vB |nx E *
4.3.
The Bank has sponsored one Regional Rural BankAllahabad UP Gramin Bank, Banda (UP). AUPGB
continued to improve their performance with a net profit
of `51.11 crore (unaudited) during 2014-15 as against
`21.94 crore during 2013-14.
Deposits stood at `7345.59 crore (unaudited) against a
Target of `7400 crore registering a growth of 14.11% over
March 2014. Advances increased from `4956.41 crore to
`5652.17 crore (unaudited) (Target `5860 crore) achieving
a growth of 14.04% over March 2014.
As per Government Guidelines, all the branches of the
AUPGB were migrated successfully to CBS and are
providing NEFT/RTGS facilities to its customers.
B{V x i 2012 ] Vx]b Bx{B |h

+{x< *
Oh V M |Ih lx (+B<]+<) E li
AUPGB has adopted system generated NPA with effect

from September 2012.
4.3 STATUS OF RURAL SELF EMPLOYMENT TRAINING
INSTITUTE (RSETIs)
E E =k |n (15), ZJb (3), v |n (1) +

{S M (2) V E 21 +B<]+< V Oh
+ i Gi E l E E |Ih |nx E
+ Oh Vxi E S k Ii VEi {n
E *
Oh E j, i E u E M<
I E n x ObM i {j 21 +B<]+< 20 E
BB/B + BE E BOb |nx E M < ix
31S, 2013 < {U I E n x 9 lx E B
Ob l*
E x 14347 V M + E 511 E E |Ih
|nx EB Vx 2014-15 E n x 9650 + x E
k E i +{x Jn E =t S Ex i E
l{i E *
The Bank has 21 RSETIs in all, in the states of Uttar

Pradesh (15), Jharkhand (3), Madhya Pradesh (1) and
West Bengal (2), which are actively imparting skill
development training for the rural youth and creating
financial literacy awareness among the rural people.
During a recent review by Ministry of Rural Development,
GOI, out of 21 eligible RSETIs for grading, 20 have been
graded as AA/ A and one as AB as compared to 09 as
graded A during the previous review as on March 31,
2013.
The Bank has provided 511 skill developments training to
14347 unemployed youth, out of which 9650 are settled
during 2014-15 for starting their own entrepreneurship
ventures.
17
+] - J{ J E O Ex{nx E +v
{ n E k Ex{nE l E { Sx M
+ +] { E ix {E |{i + *
E E ivE E { ii {E |{i + *
4.4.
RSETI- Lakhimpur Kheri has been selected as top

performing institute in the country based on overall
performance & RSETI Hamirpur has been awarded
consolation prize. The Bank has been awarded 3rd Prize
as a stakeholder.
31.03.2015 E lli {BVb< E +iMi |Mi
4.4 PROGRESS UNDER PMJDY AS ON 31.03.2015
|vxj Vxvx Vx E +iMi { E

Ex E k B M, k j, i E E
nxn E +x{x E x BE E Vx i E
V x E { Exi E V * E x
r iE {BVb< E v k x
{ E EM Exx Ex i xxJi i{h
En =`B :-
In compliance with the directives of the DFS, MOF, GOI

for coverage of all the households of the country under
Pradhan Mantri Jan Dhan Yojana (PMJDY), Bank has
prepared Action Plan which is under implementation in
Mission Mode. Bank has initiated following important steps
for effective implementation of the Financial Inclusion
initiatives through PMJDY in a time bound manner.
{BVb< E +iMi E 27.69 J Ji J MB Vx

31.03.2015 E lli `114.96 Ec E E
*
<-E< v E J+ + B E EE
E x { B <-Mx u ={v E M *
A total of 27.69 lacs accounts opened under PMJDY

having outstanding balance of `114.96 Crore as on
31.03.2015.
31.03.2015 iE 27.14 J JivE E { b] Eb

V EB MB *
31.03.2015 E lli +v +Ei Ji E E J
g E 14.09 J M<*
+v xEx i E =k |n, , =kJb
+ UkMg V] * x =k |n +
xEx + Ex i i xEx BV (<B) E +n
nB * 31.03.2015 E lli E 30.61 J xEx
EB MB *
Up to 31.03.2015, RuPay Debit Card has been issued to

27.14 lacs account holders.
+]i M E Ji Jx E +x/k Ii
MB MB V E x EB MB x/{
E EV + {BVb< E +iMi |{i Ex i +
iE J MB Ji xi xnx xSi E V E*
Mass Account Opening Drive/Financial Literacy Camp has

been under taken in the allotted villages to ensure
coverage of uncovered residents/Households and regular
usages of their accounts opened so far to get benefits
under PMJDY Scheme.
{E, { Eb + k Ii O E] OE
E ii EB Vx E l E M< *
Arrangement has been made for distribution of the Kits to

the customers containing Pass Book, RuPay Card and
Financial Literacy materials.
E j E i{x E E E E ` +vE u
E M *
J+ + B E Si E M E +v
vE i Ji <-E< E |M Ei B J* J+
+ EE < v E |M g * Ij E M
E < xi { O x V *
E x {BVb< E +iMi J MB Ji +v J
b Ex i Si En =`B *
The task of Verification of Bank Mitras has been initiated

by the Senior Officials of the Bank.
E j E x { { Eb E|h ={v Ex E
E Q { Ex i z |ni+ +li B+<
M], EB, B]B S, B E l E =`
*
=ivx i +Vi EB MB + E j
Exp { B<{B xnx E {E |S E M *
Issues taken up with various Service Providers i.e. FI

Gateway, KBS, ATM Switch, CBS to expedite the
completion of task of providing RuPay card functionalities
at Bank Mitra Locations.
The facility of e-KYC has been made available at all

Branches and KIOSK locations of BCAs of CSC
e-Governance.
The number of total Aadhaar seeded accounts improved

to 14.09 Lacs as on 31.03.2015.
For Aadhaar enrollment, our bank is Registrar for the state
of U.P., Bihar, Uttarakhand and Chhattisgarh. We have
given order to seven Enrollment agencies (EAs) for
starting enrollment in Uttar Pradesh and Bihar. A total no.
of 30.61 lacs enrollments have been made as on
31.03.2015.
All the branches and BCAs have been advised to open

accounts by using e-KYC for Aadhaar holders. The facility
is being increasingly used at the Branches and Kiosks.
Field people are being sensitized regularly in this matter.
Bank has initiated appropriate steps for seeding of
Aadhaar Number in the account opened under PMJDY.
There is no backlog in Aadhaar Seeding.
Special Camps have been organized for encouragement

and wide publicity of AEPS transaction at Bank Mitra
points.
18
OE E Ii Ex i k Ii EI (BB)
+ J |vE u k Ii j +Vi EB MB
*
x Ji E x i {BVb< OE
Si E +ni Ei Ex E B =x Ii Ex i
Si En =`B MB *
E xM E Exx i Oh E j E
{hi {x Ei + Oh E j u |ii
+v J Ji E J E i{x E v E<
E i x *
E x V B{V OE i vi |iI
+ih(Bb]B) E i{E {x: M Ex i En
=`B *
B{V +<b E {I Ji J E bM + B{V
b] i +v J E bM E nx {ri E
E u Exi E M + Bx{+< VS
M *
5. +x{V +i (Bx{B) E |vx - 2015
Organization of Financial Literacy Sessions by the

Financial Literacy Cells (FLCs) and the Branch Managers
for educating the customers
Appropriate steps have been initiated to educate the
PMJDY customers to inculcate savings habit and to
reduce the no. of Zero balance accounts.
Our Bank is fully compliant to the requirement of the MoRD
for implementation of MNREGA and there is no pendency
with regards to verification of Account number with the
Aadhaar Number submitted by MoRD.
Bank has initiated steps for successful Re-launch of
Modified Direct Benefit Transfer for LPG Consumers
(MDBTL) Scheme in all the districts.
Both the methods for seeding of Account numbers against
LPG ID and Aadhaar Number for DBT in LPG have been
implemented by our Bank and tested with NPCI.
5.
NON-PERFORMING ASSETS (NPA) MANAGEMENT2015

The Gross NPA and Net NPA stood at `8357.97 crore &
`5978.88 crore as on 31.03.15 respectively. The Gross NPA
ratio has reduced to 5.46% as on 31.03.15 from 5.73% as on
31.03.2014. Similarly the Net NPA percentage has reduced to
3.99% from 4.15 % as on 31.03.2014. The provision coverage
ratio has improved to 51.50% as on 31.03.2015, where it was
46.03% as on 31.03.2014.
31.03.2015 E lli E E E Bx{B + x Bx{B

G: `8357.97 Ec + `5978.88 Ec * E Bx{B
+x{i 31.03.2014 E lli 5.73% P] E 31.03.2015
E lli 5.46% M*< |E x Bx{B E |ii
31.03.2014 E lli 4.15% P] E 3.99% M*
|vx EV +x{i 31.03.2015 E lli gE 51.50%
M VE 31.03.2014 E lli 46.03% l*
6. @h x]M B {xMì @h
@h +i E xVnE x]M + {Ih i |vE(@h
x]M) E +vIi |vx E {lE |h E E
* M +i Mhk xB Jx, +xi + {V E
E x il n H +i i Si ={/vE E< Zx
i Ij EvE E Si Ei , =x Mnx ni +
+xi E< Ei *
6. CREDIT MONITORING & RESTRUCTURED DEBTS

A separate vertical headed by General Manager (Credit
Monitoring) has been functioning at Head Office level for close
monitoring and supervising the banks loan assets. The
Department alerts, guides and follows up with the field
functionaries for retaining the asset quality, preventing down
gradation and slippages and advises suitable measures/
corrective actions in delinquent assets.
EM |h c =v Ji (`5.00 Ec + +vE) { Ec
xMx Jx i i V E x +| 2014 x]
{V] + <xx +x V Gb] (++<B) E
BBB 2 Ji E {]M M E VE E u vx{E
+x{x E V V {j H @hni S
(VBB) E M`x + Si viE E Vx (B{) E
+MEh E v +{S E xEh *
6.1 {xMì @h
i V E |{i nxn E +x {nOi
+i E {xr E n E u xxx @h E
{xM`x { S E M*
{xM`x E |E
Type of Restucturing
b+ /CDR cases
M b+/Non-CDR Cases
(i) BB</SME debt
(ii) +x/ Others
E {xM`x/Total Restructuring
In order to maintain stringent monitoring over Large Borrowal

accounts in the banking system (`5.00 Crore & above) Reserve
Bank of India introduced reporting of SMA 2 Accounts to Central
Repository of Information on Large Credits (CRILC) w.e.f. April
2014 which is being meticulously complied by the Bank
including formation of Joint Lenders Forum (JLF) in eligible
cases and resolving the delinquency issues through adoption
of suitable Corrective Action Plan (CAP).
6.1 RESTRCUTURED DEBT
Towards revitalizing the distressed assets per guidelines
from the Reserve Bank of India, the gross restructuring
of debts has been considered by Bank as under:
(` Ec /` in Crore)
31.03.2015
E E @h E |ii
E J
iM
No. of cases
Amount Outstanding
%to Gross Credit
Sacrifice
52
7514.79
4.90
620.50
2234
6738
9024
1312.13
8712.77
17539.69
0.86
5.69
11.46
24.43
247.53
892.46
19
{xMì @h (xE) E j 31.03.2014 E lli 8.79%

E {I 31.03.2015 E lli E @h E 11.46% *
7.
The quantum of restructured debts (standard) is 11.46% of

Gross Credit as on 31.03.2015 as against 8.79% as on
31.03.2014.
7. GOVERNMENT BUSINESS
2014-15 E n x i E x E E 300 +iH

J+ E {{B Vx 1968 E +iMi +nx |{i Ex i
|vEi E V |vEi J+ E E J gE 578
M<*
During the Year 2014-15, Govt. of India has authorized 300

additional branches of our bank to receive subscription under
PPF Scheme1968, increasing the total authorized branches
to 578.
] {x Vx - <](x) E +iMi k 201415 E n x E E 240 +iH J+ i |vEh |{i +

+ Bx{B <] (x) E EV E i E 2922
J+ E M *
8. |S |
Under National Pension SystemLite (Swavalamban), the bank

got authorization of 240 more branches during the financial
year 2014-15, and expanded coverage of NPS Lite
(Swavalamban) to a total of 2922 branches.
E x S{j/ {jE+, bM +n E v ]{
|S +x S Vx E E ] =i{n + E E r
i E E| x M* b + ]Vx |S
E U] +x SB MB*
The Bank has gone for nation-wide campaign in newspapers/

magazines, hoardings wherein retail products and Banks rich
legacy were popularized. Small campaigns were also
undertaken in radio and television.
9.
8. PUBLICITY ENDEAVOURS
E{] VE ni
9. CORPORATE SOCIAL RESPONSIBILITY
k 2014-15 E n x E x E{] VE ni E
+iMi xxJi Vx+/ M`x/x E E `854.51 J
E i |nx E :
During the financial year 2014-15, the Bank has provided

support of the following schemes/organization/Trust
aggregating total amount of `854.51 lacs under Corporate
Social Responsibility activity:
h / Particulars
(` J ) /
Amounts(` in lacs)
+Oh V + E Ex Ujk Vx /
All Bank Girl Child Scholarship Scheme in Lead Districts
55.83
+Oh V E E V E {J |nx Ex E Vx /
Scheme for providing Electric Fans in Govt. Schools of Lead Districts
28.68
21 +] + 18 BB E k i /
Financial assistance to 21 RSETIs and 18 FLCs
10. Sx
770.00
|tME : B B E{E b Sx
10. INFORMATION TECHNOLOGY: CBS & ALTERNATE

DELIVERY CHANNELS
3072 J+/E 13111 B V i ]E

+l]E x x E Exi E M *
Biometric authentication solution has been implemented

in 3072 branches / offices for 13111 CBS users.
E x k 2014 + 15 269 B]B l{i EB

+ 31.03.2015 E lli E B]B/b 1170 *
Bank has deployed 269 ATM in FY-2014 &15 and total

ATM/CD is 1170 as on 31.03.2015.
E x 39 J Eb V EB + 31.03.2015 E lli
E Eb +v 67.06 J V {BVb< E
+iMi 29.15 J Eb V EB MB*
E x ix Ob +li xnx, ]x, nx E +iMi {
i E E Ei B B+<+ E x ]B
E i{E Exi E *
lli 31.03.2015 E E x 185 J+ <-,
151 J+ E b{V] EE + 97 J+
{E |]M EE E < E *
Bank has issued 39 lakh cards and total card base is

67.06 Lac as on 31.03.2015 of which 29.15 lakh cards
are issued under PMJDY scheme.
Bank has successfully implemented CTS at all MICR
locations under all the three grids viz. Northern, Western
& Southern covering pan India.
As on 31.03.2015, Bank has made live E-Lobbies at 185
Branches, Cash Deposit Kiosks at 151 branches and
Passbook Printing Kiosks at 97 branches.
20
k 2014 + 15 E n x +x-+ B +-+

xnx i <-E< + B<{B (+v <xb {] ])
E {SxiE x *
k x Vx E +iMi 2000 E VxJ
M + Exp { EM B ={v Ex i E
EE EM x (EB) E Exx E *
e-KYC and AEPS (Aadhaar Enabled Payment System)

for on-us and off-us transaction made operational during
the FY 2014 -15.
E x < EM i BBb (+x]CSb {]

b]) E i{E Exi E *
E E { Eb { Bx{+< u |hi <-E
v E Exi E M *
2014-15 E x BBxB-B{BB E v
300 (MM) x< J+ ExC]] |nx E * Vx
J+ M ] ExC]] B MM 600 J+
BBxB-B{BB E v n ExC]] |nx
Ex E E< E V *
Bank has successfully implemented USSD (Unstructured

Supplementary Service Data) facility of Mobile banking.
Bank is implementing Kiosk Banking Solution (KSB) in

the villages having population below 2000 and urban
locations for providing banking services under financial
inclusion plan.
The E-Commerce facility on Rupay Cards of our Bank

certified by NPCI has also been implemented.
Bank has provided connectivity in 300 (approx.) new
branches through BSNL-MPLS connectivity in year 201415.The activity for providing second connectivity through
BSNL MPLS in the branches which have single VSAT
connectivity is being taken up for around 600 branches.
11. |G {xx ({+)

|G {xx ({+) M`xiE Ex{nx, Ji:
=i{nEi + nIi v x i J Ii E +vEi
Ex E B ii +v { E E Vn |h + |G+
=i{n + Ui {ix x E |Vx E E
* E i nP]x I i Bii ={ Ex E
+iH ] E + +vE |i Ex i |Gv +
=i{n E Eh { n M *
11. BUSINESS PROCESS RE-ENGINEERING (BPR)
i OE |nx Ex + x (E) +ll E

|{i Ex E =q E x +{x E-+ E +li Ji
Jx, SE E V Ex, B]B Eb V Ex, E E]
+n E 7 +<] E x, Vx ExpEi |M ({BS)
E Vi , lxii E n + E E J+ E
<x E + r E M *
M ]B vx JEx BE{i, V {S E {xx,
HEi SE E E OE E P { {nM, BBBB E
v E M] V Ex E Sx V EU { 2014-15
E n x {+ EI u E M< *
In order to provide better customer service and to achieve the

benefit of economy of scale, the bank has shifted the backoffice functions viz., account opening, cheque book issuance,
issuance of ATM cards, Welcome Kits etc to 7 offsite locations
termed as Centralised Processing Hubs (CPH) and linked all
the branches of the Bank to these back offices.
12.
Business Process Re-engineering (BPR) Cell is functioning

with the purpose of bringing desired changes in the existing
systems and processes, products and business of the bank
on a continuous basis for maximizing the core competencies
to achieve improvements in organizational performance,
mainly productivity and efficiency. Thrust has been given for
simplification of processes and products to boost motivation
of staff, besides taking precautionary measures to safeguard
against any possible mishaps.
Uniformity in non-CTS clearing accounting, re-designing of

deposit slip, delivery of personalized cheque books at the door
step of the customer, issuance of Bank Guarantee advice
through SFMS are few initiatives taken by the BPR Cell during
the year 2014 -15.
+] ]b b] } (BbB)
12. AUTOMATED DATA FLOW (ADF)
E E o]Eh {j E +x |vx E E E BbB

EI BE { + xv {]M E +iE |h E Exi
E V {] Vx] Ex i x+ iI{ E x E
E z i |h Sx ExpEi b] {V] (b+)
Vi * J{I {] + i{h BbB/B+<B {]
< |h E v Vx] E V *
13. VJ |vx
E E vi VJ E +xvh, x]M +
x i xE u xvi nxn E +x E E
{E + {i xi + |Gv * VJ E
|v |vx E Ei BE xVi |vx |h E
v E Vi V { E VJ |vx Ii+ E
gx E ={ Ei *
As per RBI approach paper, ADF Cell is implementing a

uniform and seamless reporting system in-house; where
information from Banks different source systems are flowing
to a Centralized Data Repository (CDR) without any manual
intervention for report generation. Audit reports and vital ADF/
MIS reports are being generated through this system.
13. RISK MANAGEMENT
The Bank has put in place comprehensive and well-defined
policies & procedures, in accordance with the guidelines
prescribed by the regulator, for identification, monitoring and
mitigating the risks associated with business of the Bank. The
risks are managed through a well defined risk management
architecture functioning at Head Office, which also takes
measures to enhance risk management capabilities across
the Bank.
21
E u =`B MB O VJ E x]M xnE b E

i i { E Vi * E u EB MB =i{z
VJ E z {+ E I i z ={ i Mì
E M< +li b E VJ |vx i (+B), +i
ni |vx i (BB+), @h VJ |vx i
(+B), {Sx VJ |vx i (++B) +
V VJ |vx i* z vi i{h
VJ E xvh i E x +iE {V xvh |G (+<BB{)
M E < * E x x E xE +{I+ E +x{x
xSi Ex +{i i VJ-Vi |i + +vEi
{V ={M xSi Ex i +{x VJ {E |h E
{vi Ex + <x v Ex { Mi vx Epi E
*
14.
The overall risk undertaken by the Bank is monitored at the

top most level of the Board of Directors. Various subcommittees viz., Risk Management Committee (RMC) of the
Board, Asset-Liability Management Committee (ALCO), Credit
Risk Management Committee (CRMC), Operational Risk
Management Committee (ORMC) and Market Risk
Management Committee (MRMC) have been formed to review
various aspects of risk arising from the businesses undertaken
by the Bank. The Bank has also put in place the Internal Capital
Adequacy Assessment Process (ICAAP) for assessing
significant risks associated with various businesses. The Bank
continues to focus on refining and improving its risk
measurement systems not only to ensure compliance with
regulatory requirements, but also to ensure better risk-adjusted
return and optimal capital utilization.
x vx E
14. HUMAN RESOURCE DEVELOPMENT
E x VxH xVx, Yi vx, Ii xh, {nz i B

E =zi, ] EhE ={ +n E v =i{nEi
E =SS i E xB Jx i +{x x +i E O E
{ vx Epi Ex V J*
The Bank has continued with its focus on overall development

of its human assets through manpower planning, knowledge
enrichment, capacity building, promotion & career progression,
staff welfare, etc., to maintain a high level of Productivity.
14.1 E
14.1 RE-ORGANIZATION OF THE BANK- FGM CONCEPT
E BVB E{x E {xM`x
E l E E r E |i Ex M`xiE
fS i i{h E xi * |iE E +{x H B
EV { +vi +{x M`xiE M`x Ei * +{E
E |i{r { Ex E B hxi E xx +M
*
J x]E + r E l l xh |G iV
x E B E E Ij |vE (BVB) E {xM`x E v
+ =xE E il =kni E {xi Ei B Vi
E M * < Px V |i{r E E Ex E B
v M * 2014-2015 E n x n hxiE lx
{ i BVB E E M`x { Ei B {Sx Ij E
x`{E E E M *
The organizational structure plays a very critical role in driving

the business growth in any institution. Each Bank formulates
its own organizational set-up depending on its strength and
weakness. Your Bank has always been proactive in formulating
the strategies and responding to meet the competition.
i + VxH
E x +{x +Ei +vi i EG E +xh E +
2014-15 E n x E x E 1264 ES E i E
V 494 +vE, 343 {E + 427 +vxl ] *
31.03.2015 E lli E E +i + 40.9 V
VxE Ij E E xxi BE *
14.2 RECRUITMENT & MANPOWER MIX
<E +iH k 2015-16 E n x E 200 +vE

(Y +vE i), + 800 Bb+ B E i E
|G V E n x nMi B ES E Eh
{E + +vxl ] M +xE{ +v { E M<
xH E +iH , <x xH E i E |{i
nxn E +E E n x E M< +xE{ +v {
xH Vx E +iMi x Vi *
Further, the Bank is in the process of recruiting 200 officers

(including specialist officers) and 800 SWOs-A during FY 201516 which is in addition to any compassionate appointments in
the clerical and subordinate staff cadre on account of death of
employees while in service, that may be considered under
the Scheme for Compassionate Appointment introduced during
the year in the light of directive received from the Government
of India.
With increase in branch network and growth in business as

also to speed-up the decision making process, the Field
General Manager (FGM) set-up of the Bank has been
strengthened through reorganization and by redefining their
roles and responsibilities. This will facilitate facing the intense
market competition. During the year 2014-15, seven FGM
offices have been set-up in strategic locations across the
country and holistically covering their area of operations.
14.2
The Bank has adhered to its need based recruitment

programme and has recruited 1264 employees during the year
2014-15, comprising of 494 officer, 343 clerks and 427
subordinate staff. The average age of workforce at 40.9 years
as on 31.03.2015, is one of the lowest in the public sector
banks.
22
E E VxH E li xxx / Manpower Mix Of The Bank Is As Under:

h / Category
lli / As on 31.03.2014
lli
+vE / Officer
12270
{E / Clerk
8349
+vxl ] / Sub-staff
3950
E VxH / Total Manpower
24569
Vx / Out of which
+xSi Vi / Scheduled Castes
6246
+xSi VxVi / Scheduled Tribes
1669
+x {Uc M / Other Backward Class
3406
/ Women
4063
+x (B, {BS B BCBB) / Others (MC, PH & XSM)
2082
14.3
/ As on 31.03.2015
12771
7289
4171
24231
6175
1748
3907
4253
2204
|vx E + b E G: J {E +vE
B {E +vE E +iMi +V/+VV B + EI * E E
+V, +VV B + ES E Ei E vx E
+ EI < v - { V E nxn
E Exx E E nJi *
SC/ST and OBC Cells are set up in the Bank at Head Office
and Zonal Offices under the Chief Liaison Officer and the
Liaison Officers respectively. Besides dealing with the
grievances of SC/ST and OBC employees of the Bank, the
Cells look after the implementation of Government guidelines
issued from time to time in this regard.
14.4 YxVx B E
14.4 LEARNING & DEVELOPMENT
E E { {h n B hxiE lx +li - EEi,

Jx>, {]x, x + nn {S ] |Ih EV
+ {SE BE +xvx B |tME lx li *
2014-15 E n x +Vi +xiE, , n, lx, <xE{x, OEx |Ih / {Vx E i <in E
xxJi :
The Bank has five staff training colleges spread across the
country in strategic locations viz., Kolkata, Lucknow, Patna,
Bhubaneswar and Hyderabad and one Institute of Research
and Technology at Panchkula. The summary of internal,
external, overseas, locational, in-company, summer training/
project work assistance, etc. conducted during the year
2014-15 are given hereunder:
|Ih E {/
|iM E J/
Nature of Training
No. of Participants
+vE/
+xiE/Internal
/External
lx/Locational
n/Overseas
E/Total
Officers
6219
{E ES/ +vxl-ES/
M-ES */
Non-Employees *
56
E/
Clerical Staff
520
Sub-Staff
0
Total
6795
152
152
3332
34
53
3419
9709
554
109
10372
* M-ES E ii{ <n .{. Oh E, +x E E

+vE, E E xnE, J {IE <in *
*Non-employees mean officers of Allahabad UP Gramin Bank,

Officers of other banks, Directors of our Bank, Auditors, etc.
E E { +x<x S M V ] n i E
E <x]x] <] { ={v * S EM =tM
{ix E ] n E +tix Jx M xi *
] n i {{E n E {] E E Ei
, V +{x nxE {Sx vi |x E {] E
Ei , VE vx ] E u E Vi *
The Bank also has an online forum Sahyog which is available

in the intranet site of the Bank for the staff members. This
forum enables the staff members to keep themselves updated
about the changes in the banking industry. Also, it serves as
an interactive platform for the staff members wherein they can
post their query regarding their day-to-day operations which
is addressed by the staff faculty.
x vx |vx |h B{B b < xE E E

E Ex{nx Ex (B{B) {ri i{h ={v E
M< * v E E nx <] - <x]x] B <x]x] E
v ] E ={v E< M , VE u +{x B{B
E +x<x |ii E Ei *
A significant achievement has been made in the Banks Annual

Performance Appraisal (APA) System by making APA module
live in the Human Resource Management System. This facility
has been made available to the staff through both the Banks
intranet and internet sites, thereby enabling online submission
of their APAs.
23
15.
x< {
15. NEW INITIATIVES
lb {] =i{n
E x . x { Vx < E{x .
(BV+<B) E l x Ei B <n E
l E { xE BE x< l Vx + E
*
15.1THIRD PARTY PRODUCTS
15.1
The Bank has launched a new health insurance scheme

ALLAHABAD BANK HEALTH CARE PLUS in coordination with M/s Universal Sompo General Insurance
Company Ltd. (USGICL).
E x OE E <x {V] B |nx Ex i

] <x {V] . (+<+B) ]<+{ E
VE v OE E xE <-<x Ji J
Ei *
15.2
15.2
The Bank has tied up with Central Insurance Repository

Ltd. (CIRL) for providing the insurance repository services
to the customers through which customers of the Bank
can open e-insurance accounts free of cost.
<-
15.2 E-LOBBY
2014-15 E n x E x 160 J+ <-, 48

J+ E b{V] EE, 4 J+ {E |]M
EE + 93 J+ {E |]M EE + E
b{V] EE l{i EB *
Bank has installed e-lobbies at 160 branches, Cash

Deposit Kiosks at 48 branches, Pass Book Printing
Kiosks in 4 branches and Pass Book Printing Kiosks
alongwith Cash Deposit Kiosks in 93 branches during
2014-15.
E E 2015-16 E n x xM Exp { {h i
+v { 5 <- Jx E |i * 10 +x +<]
Shr { |J lx { l{i E VBM*
Bank proposes to install 5 e-lobbies at off site locations

during 2015-16 in metro centres on PAN INDIA basis.
Another 10 off site e-Lobbies will be set up in phases at
prime locations.
OE u E{E Sx +li <]x] EM, <

EM B B]B--b] Eb E |M E V *
The alternate channels are being used by the customers

viz. Internet Banking, Mobile Banking & ATM-cum-Debit
Cards.
{VEi < ={MEi+ E b E ={v

E< M< *
Missed Call Service has also been made available to all

registered mobile phone users.
15.2 RETAIL CREDIT
Jn @h
Jn @h {] E g nx i n xB =i{n +li
+ E Gb] ] x] E + + E x
x E E M<*
E x U z Vx+ +li i + Vhr i
M @h, E @h, n{ x @h, I @h, @h
+ B{Ex x <xM i n { BBxB
E ES E ] @h |nx Ex i i S xM
]b (BBxB) E l Zi Y{x (B+) {
iI EB *
16.
Two new products, viz., All Bank Credit Loyalty Benefit

Scheme and All Bank New Saral Loan Scheme have
been launched to boost the retail credit portfolio.
The Bank has also signed a Memorandum of
Understanding (MoU) with Bharat Sanchar Nigam Limited
(BSNL) for extending Retail Loans to the employees of
BSNL at concessional rate in six different schemes viz.,
housing including repair and renovation, car loan, twowheeler loan, educational loan, Saral loan and Application
Money Financing.
16. INTERNAL CONTROL SYSTEM
+iE xjh |h
16.1 +{x
OE E VxB + B]-x =xbM
16.1KNOW YOUR
LAUNDERING
E x i V E E nxn E +x +{x OE E
VxB/B] x =xbM (BBB)={/ E]M <xM +
]V (B]) vi ii xiMi nxn +{xB *
|x + x =bM BC] ({BBB), 2002 E +x E
xEn xnx {] (]+), M l M`x xnx {]
(Bx]+), G b ] (b]) {], nMv
xnx {] (B]+) + V p {] (+) E v
<x <]V x] + <b (B+<-+<Bxb) E
{]M E V * <x <]V x] + <b
(B+<-+<Bxb) E +xn E +x E E xq] |vx
+vE u {]M |h E +x<x x M +
CUSTOMER
&
ANTI-MONEY
The Bank has adopted comprehensive policy guidelines on

Know Your Customer (KYC) norms/Anti Money Laundering
(AML) measures/Combating Financing of Terrorism (CFT) in
pursuance with the directives of Reserve Bank of India. Under
AML measures, the Bank is reporting to Financial Intelligence
Unit India (FIU-IND) in terms of Prevention of Money
Laundering Act (PMLA), 2002 rules through Cash Transaction
Report (CTR), Non-Profit Organization Transaction Report
(NTR), Cross Border Wire Transfer (CBWT) Report,
Suspicious Transaction Report (STR) and Counterfeit Currency
Report (CCR). The reporting is made online by the designated
Principal Officer of the Bank as per the guidelines of FIU-IND,
24
{] E xvi E +n =xE <] +{b

E Vi *
16.2.
and all the reports are uploaded on their website within

prescribed time schedule.
xIh B J{I
16.2 INSPECTION & AUDIT
E VJ +vi i J{I (+B) E Exx

Ex +Oh E BE * 1420 JB i
J{I E +iMi V E E 92% E E Ei *
}] Si VJ +vi i J{I (+B)
E 1 +| 2015 |ME +v { M E M *E x
VJ +vi +iE J{I + VJ +vi i
J{I E Exx E l J{I Vx E J+ E
VJ |< E +x x + J{I vx E
n =SS VJ Ij E + E M< * { n 2194 JB
+iE xIh E +vvx l* i J{I + +iE
xIh E +Ji u xSi E Vi E
+ixi VJ E E i E +n |vx E Vi +
n B x i < VJ =`x E Ii E +iMi x i
iiE viE ={ EB Vi *
The Bank is one of the pioneer banks in implementing the

Risk Based Concurrent Audit (RBCA). 1420 of our Branches
are under concurrent audit covering 92% of our total business.
Software driven Risk Based Concurrent Audit (RBCA) has been
rolled over from 1st April, 2015 on a pilot basis. With the
implementation of Risk Based Internal Audit & Risk Based
Concurrent Audit, the Audit plan is now made as per the Risk
profile of the branches and the audit resources are directed
towards high risk areas. 2194, branches across the country
were subjected to internal inspection. By convergence of
concurrent audit & internal inspection it is ensured that all the
inherent risks are managed within the acceptable levels & if
not, immediate corrective measures are initiated to keep it
within the Risk appetite.
E x Ei{ Ij E V ] Ij E { xvi E
* < J+ |h + xjh + Vi xSi
Ex E l-l {lx + +xii+ E xxi i {
x nn M*
16.3 iEi
The Bank has since indentified certain areas as Zero Tolerance

Areas. This will foster and ensure further robustness of the
system and control in the branches as well as to keep the
deviations and irregularities at a bare minimum level.
E x E n x xE B iEi E Ij +xE x<

{ E * vJvc E P]x+ { +E Mx i EB MB
Ei{ i{h ={ +x<x @h +nx ]EM |h E
Exx iE P +xii+/ =vEi+ E
<pMS E{]{h Miv E Eh BE J +Ei EB
MB +nx { E E +x J+ u vx{E E< E
V E* lE V + =xE n +O nx E v i
Vx Bii E {{ji E M * E M] v
n E +nx-|nx i BBBB B{Ex E |M E
+x x M *
The Bank has taken many initiatives in the area of preventive

& predictive vigilance in the year during the year. Certain
important measures undertaken to curb incidents of frauds
include implementing Online Loan Application Tracking System
so that applications rejected at one branch of Bank for some
gross irregularities/perceived fraudulent activities of the
prospective borrowers are cautiously dealt with at other
branches of Bank. Precautions in dealing with Bulk Deposits
and advance there against have been circularized. Use of
SFMS Application for exchanging Bank Guarantee related
messages has been made mandatory.
xE iEi E ={ E { Ij i { |h +
|Gv E +x{x { +ivE n M * {Sx
+ +O vi {+ E Ei B 20 {{j/Mi
{j V EB MB * <E +iH vJvc/vJvc E |/
ii {I l E {ii E E Sx ni B 143 Mi
{j V EB MB V B P]x+ { E M< V E*
As a measure of Preventive Vigilance, utmost emphasis is

given on observance of system and procedures at field level.
20 numbers of Circulars/Circular letters covering operational
and advances related aspects have been issued. Besides,
143 Circular letters advising cases of frauds/attempted frauds/
involvement of Third Party Entities have been issued to avert
such incidents.
17.
16.3 VIGILANCE
Sx E +vE +vx, 2005
17. THE RIGHT TO INFORMATION ACT, 2005
Sx E +vE +vx, 2005 E +vxx E +xh

E x +{x |vx E BE +{ +vE i |vx
E + +{x b E 50 Exp Vx Sx
+vE E xq] E * <E +iH, Exp Sx
+M(+<) E nxnx E i BE {ni +vE
xq] E M * E +{x <] { i: |E]Eh
E v i E xME E Sx ={v Ei + <E
l-l +vx E +iMi |{i +xv E x{]x {
Sx ={v Ei * k 14-15 E n x E x +vx
E +iMi Sx i 3136 +xv |{i EB + |l +{ i
In pursuance of the enactment of Right to Information Act,

2005, the Bank has designated 50 Central Public Information
Officers at all its Zonal Offices including Head Office and an
Appellate Authority at Head Office. Further, as per the directions
of Central Information Commission (CIC), a Transparency
Officer for the Bank, has also been designated. The Bank is
providing information to the citizens of India through suo-moto
disclosures on website as well as through disposal of requests
for information received under the Act. During FY 2014-15,
the Bank received 3136 requests for information and 643 First
Appeals, under the Act, out of which 3041 RTI applications
and 565 RTI appeals were disposed of. The rest numbers of
25
643 +nx |{i EB Vx 3041 +]+< +nx B 565

+]+< +{ E xih E M* +nx + +{
|Gvx + +vx E ={v E +iMi l +xi x{]x
Ex E xvi +v E +n *
18. V
E EG 2014-15 xvi I E |{i E =q
i E E V xi E +iMi z |vx E +x{x
E M * xn E EvE Yx x Jx +vE +
ES E c J E n x i E u Si
z xn Ih {`G i xi E M * E n x
n 178 xn EB + nxnx E +iE E
xn E |M i E |Ih |nx Ex E B 217
xn bE |Ih EG +Vi EB MB*
Applications & appeals were under process & well within the
stipulated period of disposal as allowed under the provisions
of the Act.
E E 2012-13 i V Exx E Ij x
Ex{nx E B M j, i E u |iì <n
Mv V {E E +iMi M Ij ui {E |nx
E M* |iì {E +vI B |v xnE
n E ` u 14 i, 2014 E i E
]{i |h JV xx Exp M j Vxl
E ={li |{i E*
The Bank was awarded Second Prize under prestigious

Indira Gandhi Rajbhasha Puraskar in region C for the year
2012-13 for commendable performance in the area of Official
Language Implementation from Ministry of Home affairs, GOI.
This coveted prize was received by our Chairman & Managing
Director Shri Rakesh Sethi on 14th September, 2014 from His
Excellency, The President of India Shri Pranab Mukherjee, in
presence of Honble Union Minister for Home Affairs
Shri Rajnath Singh.
E E 2012-13 i V E V b |iMi
E ii Ij E + Ij M ix {E |{i +*
E E +vI B |v xn E ` x {E 13
x 2014 E i V E E Exp E +Vi
BE i V E E iiEx Mx xx
b. P Vx |{i E* i V E u +Vi
+J i +i E xn xv |iMi 2013-14 E
M E E w JV, ` |vE, {+ EI,
|vx E E |l {E |{i + il =
=x b. P Vx, Mx, E u {E |nx E
M*
The Bank was awarded Consolation Prize in region A &

region C under Reserve Bank Rajbhasha Shield
Competition for the year 2012-13. Shri Rakesh Sethi,
Chairman & Managing Director received the prize from Dr.
Raghu Ram Rajan, Honble Governor, RBI on 13th November,
2014 in a grand ceremony held at Mumbai in Central Office of
the Reserve Bank of India. Shri Dhruv Mukherjee, Sr. Manager,
BPR Cell, Head Office was awarded First Prize in linguistic
group C in the All India Inter Bank Hindi Essay Writing
Competition 2013-14 conducted by the RBI, by Dr. Raghu Ram
Rajan, Governor, RBI in the same ceremony.
b E, {]x E V M, M j, i
E E Ij Exx E ({ Ij) u 18
2015 E EEi +Vi {E ih |l
{E |nx E M* {E b E {]x E
={ |vE u {S M E V{ |{i
E M*
19. +xM l B H =t
Zonal Office Patna was awarded First Prize by the Regional

Implementation Office (Eastern Region) of Department of
Official Language, Ministry of Home Affairs, GOI at prize
distribution ceremonies organized at Kolkata on 18th Feb 2015.
This prize was received by the Deputy General Manager of
Zonal Office Patna by H. E. the Governor of West Bengal.
+E <xx . <n E E {h i +xM

E{x V E{] E , {Vx Ex, <
|vx, @h x, bS ]]{ + +b<]M E E
M < + Vx k 14-15 E n x `2.30 Ec E
nV E*
E E +i |vx E{x BB+< (<b) . +x E/
l+ E l 27.04% E <C] vi *
AllBank Finance Ltd., wholly owned subsidiary of Allahabad

Bank, engaged in Corporate Advisory Services, Project
Appraisal, Issue Management, Loan Syndication, Debenture
Trusteeship and Underwriting, posted a profit of `2.30 crore
in FY 14-15.
vh i E E H =t E{x x {
Vx < E{x ]b <bx +V E, Ex]E
E ., b <x]] . V{x E{x { E l 30%
E <C] vi *
The Bank holds 30% equity stake in joint venture company

Universal Sompo General insurance Company Limited for
general insurance along with Indian Overseas Bank, Karnataka
Bank Ltd., Dabur investment Ltd. and Japanese insurance
major Sompo.
18. OFFICIAL LANGUAGE

Compliance of various provisions under the Official Language
Policy of Govt. of India was ensured in order to achieve the
targets stipulated in the Annual Programme 2014-15. During
the year a large number of officers and employees, not having
working knowledge of Hindi, were nominated for various Hindi
Teaching Courses conducted by the Govt. of India. During the
year, 178 Hindi Workshops and 217 Desk Training
Programmes were organized throughout the country to impart
practical training for use of Hindi in day to day internal work.
19. SUBSIDIARY & JOINT VENTURE
The Bank holds 27.04% equity stake in Asset Management

Company ASREC (India) Ltd., along with other Banks/
Institutions.
26
20. I M
20. SECURITY DEPARTMENT
E x E + +<B E nxn E +x +ivxE

|tME E Exi Ei B k I l E
+{x * x< J M< JB + |h
VVi + {x J+ < Shr { Exi
E V * E x J+ E +] b |h E
l BEEi -E-M + VVi Ex E
{ E *
+xvi J+ x] E nx + CE ii
Ex E=] l{i Ex E +iH CE ih
E +Vx E M* | i { +l E S]
i { V x] E {Ecx + E E SU x] xi
E Exx Ex i E x J+ + E S]
400 +vE x] ]M x ={v E *
21.
The Bank adopted the best security arrangement with

the implementation of the state of art technology as per
RBI and IBA guidelines. All the newly opened branches
have been equipped with fire alarm system and for old
branches, it is being implemented phase-wise. The Bank
has also initiated to equip the branches with integrated
Fire cum Burglary alarm system coupled with auto dialer
system.
Besides having established dedicated counter for
exchange of soiled notes and distribution of coins in
identified branches, coin melas have been organized. To
arrest counterfeit notes at entry level or at Currency chest
level and to implement clean note policy of RBI, the Bank
has provided more than 400 Note Sorting Machines to
the Branches as well as currency chests.
OE
21.1
21. CUSTOMER SERVICE
i EM Eb B ]b b b (B+<)
21.1 BANKING CODES & STANDARDS BOARD OF INDIA

(BCSBI)
+{E E B+< E n * k OE xSi

Ex E B x { B+< u i E M
Eb V - OE i E E Sxri Eb + I B P
=t E E E Sxri Eb Exi E *
Your Bank is a member of BCSBI. For enssuring good

customer service, we have already implemented the codes
evolved by BCSBI viz., Code of Banks Commitment to
Customers and Code of Banks Commitment to Micro and
Small Enterprises.
xME +vE-{j
E E { xME +vE-{j , V |J GE{ xxx
:
21.2 CITIZENS CHARTER
21.2
The Bank has a Citizens Charter wherein major activities

include:
B) B+< n M xE E +x |ii +
E xv OE E S VMEi E |S-|,
EM E xn +x xE E u |ii v
=i{n B + {ni i B =k EM {ri
E +M gx* Ji E Ji OE E
B+< Eb E BE |i ni *
a)
To bring about awareness amongst customers

regarding services offered as per standards laid down
in the BCSBI, promote fair banking practices by
maintaining transparency in various products and
services offered by the Bank by making banking an
enriching experience. We also give a copy of BCSBI
codes to customers at the time of opening accounts.
) OE, V- {xM, ` xME, Oh

B +r Ij E OE E B |nx Ex*
b)
Give service to special customers like pensioners,

senior citizens, customers in rural and semi-urban
areas.
) {SxMi GE{ V iE OE E Ji
+v E Mix =xE =kV/nEi E Ex,
E]-]/{x E x] E x, b{V] ]
(E)*
b) + v i Ei xh x*
c)
Operational activities like payment of balance in

accounts of the deceased customers to survivors/
claimants, exchange of soiled/slightly mutilated
currency notes, safe deposit vaults (lockers).
d)
Grievance redressal mechanism for improvement in

services.
xME +vE {j E i il <E E { nx E

vx { ni B ] n E |Ih n Vi *
Training is imparted to the staff members emphasizing the

importance and the means of putting the Charter into practice.
OE Ei EI
OE E Ei E xh iV x i E x |vx E
OE Ei xh EI E M`x E * OE |{i
Ei E xh xvi - E +xiMi E Vi
+ OE E lSi =k n Vi * k j, b{V,
E, +<{ E |{i Ei E E xh i +Oi E
Vi * k j, b{V, E + +<{ |{i Ei
E xh { vx n Vi + E E Ei +Oi Ex
21.3 CUSTOMER GRIEVANCES CELL
21.3
To expedite the redressal of customer grievances, Bank has

formed Customer Grievances Redressal Cell (CGRC) at Head
Office. Complaints received from customers are redressed
within the time lines fixed and suitable replies are sent to the
customers. Complaints received at Ministry of Finance, DPG,
RBI, VIPs are forwarded to the Bank for redressal. Importance
is attached for redressal of complaints received from MOF,
27
|vE E Ei xh E BE |i |ii E Vi
*
21.4
DPG, RBI and VIPs and a copy of redressal of complaints is

submitted to the authorities from whom the complaints have
been forwarded to the Bank.
+iE E{
21.4 INTERNAL OMBUDSMAN
E +{x OE E =iE] OE |nx Ex B Ei

E +iE x{]x Ex i |ir * +iB, nnx i
E nB MB xn E +x E x OE Ei
E ii B {n x{]x i BE +iE E{ xH E
* +vE =zi OE |nx Ex E =q E z xB
={ + Vx+ E M Ex E B +{x | E Mi
zi E *
The Bank is committed to excellent customer service and

resolution of complaints internally. Thus, as per the directions
of Damodaran Committee Recommendations, Bank has
appointed an Internal Ombudsman for quick and transparent
redressal mechanism for customer grievances. The Bank is
continuously re-engineering its efforts to introduce various new
measures and schemes in order to offer, better customer
service.
22.
22. FUTURE PLANS
VxB
E +x E EM Miv E +iH ] , @h
x, +n { vx Epi EM* k 15-16 i
E Vx Ij E + vx Epi E Vx , ]
r, +i Mhk v, @h x]M v OE
xx + Mi E Ex i <-b Sx E +vEi
={M Ex*
23.
The Bank will focus on Retail Business, Loan Syndication,

etc. in addition to other core banking activities. Focus areas
of business for FY15-16 will be growth in Retail Business,
Improving Asset Quality and improving credit monitoring,
customer acquisition and maximizing usage of e-delivery
channels to reduce costs.
xnE b
23. BOARD OF DIRECTORS
k 14-15 E n x b + <E i E È E
h xxx :
The details of meetings of the Board and its Committees during

the Financial Year 2014-15 are as under:
+Vi È E J
G .
b/i
Sl. No. Board/Committee(s)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
Number of meetings held
xnE b / The Board of Directors

b E |vx i (B+) / The Management committee of the Board (MCBOB)
b E J {I i (B) / The Audit Committee of the Board (ACB)
xnE {nz i i (b{) / The Directors Promotion Committee (DPC)
vE / xE E Ei (xh) i (BBS+<V)
13
16
07
03
Shareholders / Investors Grievance committee (SHIGC)

b E Sx |tME i / IT committee of the Board (IT-Comm)
vJvc xMx i / Fraud Monitoring Committee (FMC)
OE i / Customer Service Committee (CSC)
{v i / Remuneration Committee (Remu Comm)
VJ |vx i / Risk Management Committee (RMC)
xM B +]x i / Share Issue & Allotment Committee
@h +xnx i / Credit Approval Committee (CAC)
b E i / Recovery Committee of the Board (RCB)
b E xSx i / Election Committee of the Board (ECB)
01
05
07
04
00
06
02
43
09
01
b E BS+ i / HR Committee of the Board

b E xEx i / Nomination Committee of the Board
01
01
Bx. E. x 12.03.2015 E E E E{E xnE

E { {n Oh E* +{x ix xH {
Ex E |vE l*
Shri N. K. Sahoo joined the Bank as Executive Director

on 12.03.2015. Prior to his present assignment Shri Sahoo
was the General Manager of Canara Bank.
l , ] {x .<. (+x) + +<+<]

Ex{ B.]E, x 04.03.2015 E vE xnE E
{ E E Oh E* x +<+<]
Ex{ B.]E E * =x E i k l+
{ l|V Sx |t ME E Yx *
Shri Sarath Sura, B. E. (Hons) from BITS, Pilani, M. Tech.

from IIT, Kanpur, joined the Bank as Shareholder Director
on 04.03.2015. Shri Sura has done his M.Tech from IIT,
Kanpur. He has special knowledge of Information
Technology as applied to Financial Industry including
Banks.
28
24.
{x E UE , B, BB, VB+<+<, x
04.03.2015 E vE xnE E { E E
Oh E* UE E 35 E EM +x +
|vE E { ix iE {V xx E E ]V
bVx E |J *
b. V E , .E (+x), {BSb, BB,
BB, +< bB, +<BB, BB, x 04.03.2015 E
vE xnE E { E E Oh E * b.
< <]xx E, <+Mx + < <]xx
EV + E Bb <ExC E l{E +vI *
VBB }] ]CxV {E, i E u +xni
=c E { }] {E, E l{E +vI * b
Exbx + <bx <b]V (+<+<) E VE
*
]. +. S, 01.04.2012 E{E xnE x
30.04.2014 E +{x +vi { xnE b
+{x EE { E*
Shri Parveen Kumar Chhokra, B.Sc. LL.B., JAIIB, joined

the Bank as Shareholder Director on 04.03.2015. Shri
Chhokra has 35 years of banking experience and headed
Treasury Division of Punjab National Bank for three years
as General Manager.
x , 13.07.2011 +vE ES xnE x

12.07.2014 E xnE b +{x EE { E*
Shri Nirmal Kumar Bari, Officer Employee Director since

13.07.2011 completed his tenure on the Board of
Directors on 12.07.2014.
b. Bx. , 19.07.2011 +EE M E

xnE x 18.07.2014 E xnE b +{x EE
{ E*
B. {. . Bx. , 10.02.2012 vE xnE
x iMx E V{ E E E { +{x xH E
Eh 17.11.2014 E xnE b iM{j n n*
Shri D. N. Singh, Part-Time Non-Official Director since

b. n{ Sv, 10.02.2012 vE xnE x,

09.02.2015 E xnE b +{x EE { E*
Dr. Sudip Chaudhuri, Shareholder Director since

+E V, 10.02.2012 vE xnE x,
09.02.2015 E xnE b +{x EE { E*
Shri Ashok Vij, Shareholder Director since 10.02.2012

completed his tenure on the Board of Directors on
09.02.2015.
Dr. Bijaya Kumar Sahoo, B.Com (Hons), Ph.D., LL.B.,

FCA, ICWA,ISA,MBA, joined the Bank as Shareholder
Director on 04.03.2015. Dr. Sahoo is Founder Chairman
of SAI International School, SAIANGAN & SAI
International College of Commerce and Economics. He
is also the Founder Chairman of JSS Software Technology
Park, the first Software park of Orissa, approved by the
Govt. of India. Shri Sahoo is Convener, Confederation of
Indian Industry (CII), Orissa.
Shri T. R. Chawla, Executive Director since 01.04.2012
completed his tenure on the Board of Directors on
30.04.2014 on his superannuation from service.
Shri A. P. V. N. Sarma, Shareholder Director since

10.02.2012 resigned from the Board of Directors on
17.11.2014, in view of his appointment as Advisor to the
Governor of Telengana.
24. ACKNOWLEDGEMENTS
E x +{x ivE +li vE, OE, xE, E,

E, ES + O Vxi i |i E gx i +xE
{ E *
The Bank made several initiatives to maximize rewards for all

its stakeholders viz., shareholders, customers, investors,
government, RBI, employees and the public at large.
xnE b E E OE E =xE Ih i, vE E
=xE lx i, E |vE + i V E E
=xE nxn + lx i, Ivx k E
n x +{x EE { Ex xnE E, E E |ixv
E =xE M + ni E B + M`xiE r +
=iE]i Ex ] n u nB MB {h M E
B =xE |i nE + |E] Ei *
The Board wishes to place on record its sincere appreciation

to the customers for their patronage, to the shareholders for
their support, to the government authorities and the Reserve
Bank of India for their valuable guidance and support, to the
Directors who completed their tenure during the financial year
under review, to the Banks Correspondents for their cooperation and goodwill and also to the staff members for their
full support in the pursuit of organizational growth and
excellence.
For and on behalf of the Board of Directors,
xnE b E B + =xE + ,
nxE : 08.05.2015
lx: EEi
(E `)
+vI B |v xnE
Date: 08.05.2015
Place:
Kolkata
29
(Rakesh Sethi)
31.03.2015 E {i i
-III E Sx E +iMi i-III |E]Eh
h bB-1
|Vi
EM E E E x, V { Sx M <n E
(i) MhiE |E]Eh
B. Ex i S EB MB l+ E E S
C l
l E x/
Ex E {ri
C l Ex Ex E
Ex E
Ex E
xMx E n
+i E Eh
E xE {ri E
{ri E
J x
{] E
x E +iMi h n
h n
E +iMi

/ x
(/x)
+E <x .
+xM
+xM
+|V
. x {
H =t
x
H =t
+|V
Vx <
E{x .
+E (<b) .
H =t
H =t
+|V
<n {
Oh E
BB]
BB]
+|V
. J + xE Ex E nx x+ E +iMi Ex i S x E M< l+ E
E i x{j E <C] E
l E {V Mi Ji
l E x/
l E
<C] (vE bM E %
E E x E
xMx E n
Miv
l E J
xE |i{nx
ix{j l
hi)
+|V
(ii) {hiE |E]Eh
. Ex i S EB MB l+ E S
l E x/xMx E n (V
E >{ (*) E n M *)
+E <x .
+E (<b) .
<n { Oh E
n Ex E
E BE x
E +iMi
Ex E M ,
i Eh {] E
+|V
{V {{ii
|Vx i VJ
@250%
+|V
+|V
E S
E ix{j +i
(vE l E J
ix{j l hi)
(` x )
l E Miv E ix{j <C] (vE l E ix{j +i (vE l

E J ix{j l hi)
E J ix{j l hi)
S] EM
150
653
+i E{x
980
1921
EM
619
96357
b: +xM E{x {V Mi E E V Ex xE x x E M
l E x/xMx E n
l E Miv E ix{j <C] (vE l

E J ix{j l hi)
+xM E< {V Mi Mi x *
E <C] {V Mi
E E vh %
(` x )
<: l+ E E E i E E (=nhl S ) V VJ i *
E <C]/ivE VJ i {ri x
E ix{j <C]
l E x/
l E Miv
(vE l E J E +x{i E E {h E]i {ri E |M
xMx E n
xE {V E
ix{j l hi) vh %
{hiE |
x { Vx
< E{x ]b
30%
3500
B: EM E +iMi xv E +ih +l xE {V { E< |iv +l v: x

30
+B+ 6
{B E E
PILLAR III DISCLOSURE UNDER BASEL-III FRAMEWORK

FOR THE YEAR ENDED 31st March 2015
Table DF 1
Scope of Application
Name of the head of the banking group to which the framework applies to ALLAHABAD BANK (Solo)
(I). Qualitative Disclosures
A: List of group entities considered for consolidation
Name of the entity /
Country of
incorporation
Whether the entity

is included under
accounting scope
of consolidation
(yes/no)
Explain the
method of
consolidation
Whether the
entity is included
under regulatory
scope of
consolidation
(yes/no)
Explain the
method of
consolidation
Explain the
reasons for
difference in
method of
consolidation
Explain the reasons if

consolidated under
only one of the scope
of consolidation
All Bank Finance

Universal Sompo
General Insurance
Company Limited
Yes
Subsidiary
Yes
Subsidiary
NA
Yes
Joint Venture
No
Joint Venture
NA
ASREC (India) Ltd.

Allahabad UP Gramin
Bank
Yes
Joint Venture
Yes
Joint Venture
NA
NA
Risk weighted
@ 250% for
Capital Adequacy
Purposes
NA
Yes
Associate
Yes
Associate
NA
NA
B: List of group entities not considered for consolidation both under the accounting and regulatory scope of
consolidation
Name of the entity /
country of
incorporation
Principle activity
of the entity
Total balance sheet % of banks holding

equity (as stated in the in the total equity
accounting balance
sheet of the legal entity)
Regulatory treatment of
banksinvestments in the
capital instruments of the
entity
Total balance sheet assets

(as stated in the accounting
balance sheet of the legal
entity)
NA
(II) Quantitative Disclosures
C: List of Group Entities Considered for Consolidation
Principle activity
Name of the entity / country of
of the entity
incorporation (as indicated in
(I) a. above)
(ìn Millions)
Total balance sheet equity (as stated
in the accounting balance sheet of
the legal entity)
150
Total balance sheet assets (as stated

in the accounting balance sheet of the
legal entity)
All Bank Finance
Merchant Banking
ASREC (India) Ltd.
Asset Recovery Company
980
653
1921
Allahabad UP Gramin Bank
Banking
619
96357
D: The aggregate amount of capital deficiencies in all subsidiaries which are not included in the regulatory scope of
consolidation
Principle activity of
Total balance sheet equity (as stated in the
% of banks holding in the total
Name of the subsidiaries
the entity
accounting balance sheet of the legal entity)
equity Capital deficiencies
/ country of incorporation
There is no capital deficiency in the subsidiaries.
E: The aggregate amounts (e.g. current book value) of the banks total interests
in insurance entities, which are risk-weighted
Name of the insurance
entities/ country of
incorporation
Principle activity of Total balance sheet equity (as stated

in the accounting balance sheet of the
the entity
legal entity)
% of banks holding in the

total equity / proportion of
voting power
(ìn Millions)
Quantitative impact of regulatory
capital of using risk weighting
methods versus using the full
deduction method
Reduction of 6bps in CRAR
M/s Universal Sompo General Insurance

3500
30%
Insurance Company Limited
F: Any restrictions or impediments on transfer of funds or regulatory capital within the banking group: NIL
31
h bB-2
{V Sx
MhiE |E]Eh
E VJ i +i +x{i (+B+) i xSi {V xB Jx i B E +|ii P]x+ E Eh x

x E VJ E {I MV < Jx E B xi { +{x {V +{I+ E Ex Ei V
ivE E i Ii E* E +{x Miv E S { Si Ex i +{Ii {V E I
E B E +v { {V xVx E E Ei * l , VJ E {E { xnx Ex + +E
+iH {V xB Jx i E E {i +iE {V {{ii xvh |G (+< B B {) *
E x i W E E nxn E +x +B+ E Mhx i i @h VJ E B xEEi o]Eh,

{SxMi VJ E B E iE o]Eh + V VJ E B xEEi b x o]Eh E +{x *
{hiE |E]Eh
(` x )
G
J
B
B1
B2
1
2
3
4
5
1
2
b
<
B
V
BS
+<
V
E
VJ E |E
{V +{I
G J @h VJ
+|ii {] i
|ii {] i
V VJ
V n VJ i
<C] VJ i
n p VJ i (h i)
Vx VJ i
+{x VJ i
{Sx VJ
E iE o]Eh
xEEi o]Eh n |V
E {V +{I
E VJ i +i
Z <C] ]-1
] 1
E {V
E {V +x{i (+B+)
E {V (Ei)
E {V +x{i (Ei)
120901
120901
0.00
6506
4647
1804
55
10095
10095
137502
1527804
115631
117728
159591
10.45%
162905
10.60%
32
Table DF 2
CAPITAL STRUCTURE
Qualitative Disclosures
z
The Bank carries out regular assessment of its Capital requirements to maintain a comfortable Capital to Risk
Weighted Assets Ratio (CRAR) and to cushion against the risk of losses against any unforeseen events so as to
protect the interest of all stakeholders. The Bank carries out the exercise of Capital Planning on an annual basis
to review the capital required to carry out its activities smoothly in the future. Also, the Bank has well defined
Internal Capital Adequacy Assessment Process (ICAAP) to comprehensively address all risks and maintain
necessary additional capital.
The Bank has adopted Standardized Approach for Credit Risk, Basic Indicator Approach for Operational Risk
and Standardized Duration Approach for Market Risk for computing CRAR, as per the guidelines of RBI.
Quantitative Disclosures
(Amount ` in Million)
S.No.
Types of Risk
Capital
Requirement
Credit Risk
120901
A.1
For non-sec portfolio
120901
A.2
For Securitized portfolio
0.00
Market Risk
6506
B.1
For Interest Rate Risk
4647
B.2
For Equity Risk
1804
B.3
For Forex Risk (including gold)
B.4
For Commodities Risk
B.5
For Options risk
Operational Risk
10095
C.1
Basic Indicator Approach
10095
C.2
Standardized Approach if applicable
Total Capital Requirement
Total Risk Weighted Assets
Common Equity Tier 1
55
137502
1527804
115631
Tier 1
117728
Total Capital
159591
Total Capital Ratio (CRAR)
10.45%
Total Capital (Consolidated)
162905
Total Capital Ratio (Consolidated)
10.60%
33
h bB-3
@h VJ: x |E]Eh
@h VJ E v +{Ii x MhiE |E]Eh xxJi :
{U n + i E { (J |Vx i)
E i V E E x E {x Ei VE xxx
B. +xVE +i
{]]Ei +i i E< +i i +xVE Vi V E E B + Vi Ex n E ni *
@h +l +O +xVE +i V
I.
n @h E v V V +/+l vx E Ei 90 nx +vE +v i +in i *
II.
+b}]/xEn @h (+b/) E v Ji 90 nx iE +xi i V E xS =Ji *
III. G EB MB + xB MB E 90 nx +vE iE +in i *
IV. +{v i E il E n vx E Ei +l = { V n iE +nk i *
V.
nPv i E il E n vx E Ei +l = { V BE iE +nk i *
VI. nxE 1 2006 E |iiEh v nxn E +x EB MB |iiEh xnx E v Cb] v
E 90 nx +vE iE +in i *
VII. E E E Ji E E i Bx{B E { MEi Ex SB V E i E n x |i V i E +i
90 nx E +n {hi V x Vi*
VIII. +vi Sx/M +vi Sx {Vx i nB MB @h E E Eb E +x (90nx iE +in)
hVE {Sx + x { E E +v E n x Bx{B E { MEi E VBM V iE E <
{xMì x E M + xE +i E { MEi EB Vx i {j x M *
IX. +vi Sx {Vx i @h E Bx{B E { i MEi E VBM V b+ n E +v
E +n hVE {Sx Ex +J E +x xi V iE E <
X. M +vi Sx {Vx i @h E Bx{B E { i MEi E VBM V b+ BE E
+v E +n hVE {Sx Ex +J E +x xi V iE E <
. +xi(+=] + +b) li
E Ji E +xi i x Vi n E Mi Ei /+h +vE +vE x * =x
V {Sx Ji E Ei /+h +vE E ix{j E il 90 nx iE Mi
E< V x + +l V E M< = +v E n x x J M< E { Ex E B {{i x B Ji
E +=] + +b x Vi *
. +in
E @h v E +iMi E E n E< i +in Vi V E u xvi E M< +v E n x =E Mix
x E Vi*
b. +xVE x
|ii E v V V/vx E , E |ii { + E Mhx x i + x E B i
Si |vx Ei *
+xVE +O(Bx{B) E i +xVE x(Bx{+<) i V
I)
V/Ei ({{Ci +M i)n + 90 nx +vE iE +nk i *
II) +E {ix i +vx { M i V i E Mix x E Vi*
III) <C] E , i V E E +xn E +x xxi ix {j E +x{vi E Eh n E E{x
E x E .1 |i E{x i <x E Mhx Bx{+< E { E Vi *
IV) E E xMEi u |{i E< @h v Bx{B , = xMEi u V Ex |ii x
Bx{+<+ i: i *
V) bS/ b x, Vx +O { E x Vx , x { l|V Bx{+< xE E +vvx *
34
E E @h VJ |vx xi { SS
1. @h VJ |vx xi :
1.1 E E { b u vi +xni BE li @h VJ |vx xi * xi niV M`xiE Sx,
E B ni il |G+ E {i Ei VE v E E x @h VJ E {Sx, +Ex
Ex nn i + =xE |vx = Sx E +iMi E Vi V E +{x +vn B VJ
xi E +x{ ={H Zi *
1.2 E u Ji @h VJ E xMx E Vi + b u +xni VJ +/BC{V E{ E +x{x
E xSi E Vi * +iE xjh |h E Mhk E xMx E Vi + @h VJ vi
q E Ex i +iE nIi Ei E Vi *
1.3 =k @h VJ |vx |h Ei Ex i E x i{h En =` * @h VJ |vx xi E +iH,
E E { b u +xni @h xi, x xi, n VJ |vx xi xi +n V @h VJ
E xMx E +z +M + z xE +{I+ E { /+x vE |vE E x
xnb, |lEi Ij xnb, + +Yx + +i MEh nxn, {V {{ii, @h VJ |vx +n
v nxn E n +x{x xSi Ei *
1.4 <E +iH E E @h VJ x + {E |ii |vx E v b u +xni xi V
E E i E I E B |ii + B |ii E |x E h xvi EB MB * |ii =
@h VJ E r ={x E { E Ei V E BC{Vb *
2. E E Sx B |h :
2.1 E VJ |vx |E E xMx + x i xn E b u VJ |vx i (+B) xE
xnE E ={i E M`x E M *
2.2 @h xi i z @h VJ Exi xx + <xE Exx i il xi +v { E E VJ
|vx E E xMx i @h VJ |vx i E M`x E M *
3. @h Ex /+iE ]M :
3.1 E +{x @h VJ E |vx |iE =vEi B M i { VJ E ii {x B xMx E v
Ei * E E { BE H +iE Gb] ]M Sx + li xEEi @h Ex/+xnx |h
*
3.2 +iE VJ ]M/ObM b |vx VJ vi {hiE B MhiE q, VJ, =tM
VJ, k VJ B {Vx VJ * V li E +v { =tM VJ E +Ec xi
+tix E Vi *
3.3 |iE =vEi E ]M E I E Vi * H @h VJ |vx |G E ={ E { E x |vx E
i { Ei @h |i i ji Gb] ]M |G + b E/J i { Ei |i i
Gb] ]M |G E ui |h Exi E V @h M <i ]M E vi (i Sh)
* E E |vx E E H E +iMi +x |i E ]M E vi VJ |vx M u
E Vi *
3.4 E @h E Ei i li -i Evx H Sx E +xh Ei * j u n M<
E +x b E B |vx E i { +xE i Mì E M< * b |J E +vIi
VbB |/=|, Ij |vE E +vIi BVBB, BSB | |vE (@h) E +vIi ,
BSB Ex E{E xnE E +vIi , B +|x E +vIi + +|x E +vIi B+b
(b E |vx i)* xn] E]-+ +vE E xB @h |i { ri i: +xnx |nx Ex i +vI B
|v xnE E +vIi |vx E i { x (BxV) xE Sx E M`x E M *
{hiE |E]Eh
B.
E @h VJ BC{V
G . BC{V E |E
1.
xv +vi
2.
M-xv +vi
E
3.
x )
P (E)
n (E)
1451851
79100
1530951
241031
12264
253295
1692882
91364
1784246
35
. BC{V E =tM ih
(` x )
G . =tM
xvE
E
Jxx B =iJxx
Jt |Eh
{ B iE
]C]<
Sc B Sc =i{n
Ec B Ec =i{n
{{ B {{ =i{n
{] , E =i{n B xE <vx
x B xE =i{n
c, {]E B =xE =i{n
ES B ES E x
] B ] E =i{n
vi B vi =i{n
+jE
x, x E {V B {x ={Eh
ix B Vi
xh
+vi Sx
+x =tM
=tM (U] , v B c i E M)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
M xvE
E
980
32,520
3,470
50,100
860
1,870
4,950
11,940
43,070
4,110
360
10,720
91,630
44,600
4,130
11,340
31,860
247,590
53,860
149
12824
31
3,322
30
196
1,812
6,377
8,334
859
262
426
22,816
22,003
50
3,013
42,978
30,558
20,437
649,960
176,477
=tM E @h BC{V, V E BC{V E E E E @h BC{V E 5% +vE , xxx G

.
1.
1.1
2.
2.1
=tM
+vi Sx
V : >V
vi B vi =i{n
V : B ]
xvE
E
M xvE
E
E @h
E %
247590
139820
91630
84760
30558
9406
22816
21800
16.17
9.13
5.99
5.54
. +i E +] nMi {{Ci Eb=x

E]
xEn B E
V*
+M nx
22170
2 - 7 nx
2730
8 - 14 nx
2523
15 - 28 nx
2303
29 nx - 3
7474
> 3 - 6
6475
> 6 - 1
10191
> 1 - 3
18055
> 3 - 5
11473
> 5
13209
E
96603
* SxiE Sxv h E +x*
36
E
V
x
+O
x
x
16029
0
3125
312
19687
0
18125
2214
15243
0
74735
12031
18788
11935
16577
96473
86750
141223
433036
195514
486435
1498762
55052
13475
2495
703
55347
20887
21075
82435
144178
169135
564782
b. Bx{B E Sx B Bx{B E |vx

G .
B.
B.1
B.2
B.3
B.4
B.5
.
.
.1
. 2
b.
b.1
b.2
b. 3
b.4
<.
<.1
<.2
<.3
<.4
<.5
(` x )
h
Bx{B E (E)
+xE
nMv 1
nMv 2
nMv 3
xMi
x Bx{B
Bx{B +x{i
E +O E Bx{B
x +O x Bx{B
Bx{B E Sx (E)
+l
r
E
<i
Bx{B i |vx E Sx
+l
< +v E n x EB MB |vx
<] +
+iH |vx E <] E
<i
83579
37872
23567
22136
3
0
59788
5.46%
3.99%
80124
13973
10518
83579
24057
3911
4322
557
23089
<. Bx{+<-li i Bx{+< + |vx E Sx

G .
B.
.
.
b.
b.1
b.2
b.3
b.4
b.5
h
+xVE x E
+xVE x i EB MB |vx E
x +xVE x
x E i |vx E Sx
+l
< +v E n x E M |vx
<] +
+iH |vx E <] E
<i
575
182
393
134
48
0
0
182
37
Table DF 3
CREDIT RISK: GENERAL DISCLOSURE
The general qualitative disclosure requirement with respect to credit risk, including:
z
Definition of past due and impaired (for accounting purposes)
The Bank follows Reserve Bank of India regulations, which are summed up below.
a. Non-performing Assets
An asset, including a leased asset, becomes non-performing when it ceases to generate income for the bank.
A non-performing asset (NPA) is a loan or an advance where;
I.
Interest and/ or installment of principal remain overdue for a period of more than 90 days in respect of a term loan,
II.
the account remains out of order for 90 days as indicated below, in respect of an Overdraft/Cash Credit (OD/CC),
III.
The bill remains overdue for a period of more than 90 days in the case of bills purchased and discounted,
IV.
The installment of principal or interest thereon remains unpaid for two crop seasons beyond the due date for short
duration crops,
V.
The installment of principal or interest thereon remains unpaid for one crop season beyond the due date for long
duration crops.
VI.
The amount of liquidity facility remains outstanding for more than 90 days, in respect of a securitization transaction
undertaken in terms of guidelines on securitization dated February 1, 2006.
VII. Bank should classify an account as NPA only if the interest charged during any quarter is not serviced fully within 90
days from the end of the quarter.
VIII. A loan for infrastructure/non-infrastructure project will be classified as NPA during any time before commencement
of commercial operations as per record of recovery (90 days overdue) unless it is restructured and becomes
eligible for classification as Standard Asset
IX.
A loan for an infrastructure project will be classified as NPA if it fails to commence commercial operations within two
years from original DCCO, even if it is regular as per record of recovery, unless it is restructured and becomes
X.
A loan for a non-infrastructure project will be classified as NPA if it fails to commence commercial operations within
one year from original DCCO, even if it is regular as per record of recovery, unless it is restructured and becomes
b. Out of Order status

An account is treated as out of order if the outstanding balance remains continuously in excess of the sanctioned limit/
drawing power. In cases where the outstanding balance in the principal operating account is less than the sanctioned limit/
drawing power, but there are no credits continuously for 90 days as on the date of Balance Sheet or credits are not enough
to cover the interest debited during the same period, these accounts are treated as out of order.
c. Overdue
Any amount due to the bank under any credit facility is overdue if it is not paid on the due date fixed by the bank.
d. Non Performing Investments
In respect of securities, where interest/ principal is in arrears, the Bank does not reckon income on the securities and makes
appropriate provisions for the depreciation in the value of the investment.
A non-performing investment (NPI), similar to a non-performing advance (NPA), is one where:
I.
Interest/ installment (including maturity proceeds) is due and remains unpaid for more than 90 days.
II.
This applies mutatis-mutandis to preference shares where the fixed dividend is not paid.
III.
In the case of equity shares, in the event the investment in the shares of any company is valued at Re.1 per
company on account of the non-availability of the latest balance sheet in accordance with the Reserve Bank of
India instructions, those equity shares are also reckoned as NPI.
IV.
Any credit facility availed by the issuer is NPA in the books of the bank, investment in any of the securities issued by
the same issuer is treated as NPI and vice versa.
V.
The investments in debentures / bonds, which are deemed to be in the nature of advance, are subjected to NPI
norms as applicable to investments.
38
Discussion of the Banks Credit Risk Management Policy
1. Credit Risk Management Policies:

1.1. The Bank has put in place a well-structured Credit Risk Management Policy duly approved by the Board. The Policy
document defines organizational structure, role and responsibilities and the processes whereby the Credit Risks
carried by the Bank can be identified, quantified, managed and controlled within the framework which the Bank
considers consistent with its mandate and risk tolerance limits.
1.2. Credit Risk is monitored by the Bank account wise and compliance with the risk limits / exposure cap approved by
the Board is ensured. The quality of internal control system is also monitored and in-house expertise has been built
up to tackle all the facets of Credit Risk.
1.3. The Bank has taken earnest steps to put in place best Credit Risk Management practices. In addition to Credit Risk
Management Policy, the Bank has also framed Board approved Lending Policy, Investment Policy, Country Risk
Management Policy, Recovery Management Policy etc. which form integral part in monitoring of credit risk and
ensures compliance with various regulatory requirements, more particularly in respect of Exposure norms, Priority
Sector norms, Income Recognition and Asset Classification guidelines, Capital Adequacy, Credit Risk Management
guidelines etc. of RBI/other Statutory Authorities.
1.4. Besides, the Bank has also put in place a Board approved policy on Credit Risk Mitigation & Collateral Management
which lays down the details of securities and administration of such securities to protect the interests of the Bank.
These securities act as mitigants against the credit risk to which the Bank is exposed.
2.
Architecture and Systems of the Bank:

2.1. A Sub-Committee of Board of Directors termed as Risk Management Committee (RMC) has been constituted to
specifically oversee and co-ordinate Risk Management functions in the bank.
2.2. A Credit Risk Management Committee of executives has been set up to formulate and implement various credit risk
strategies including lending policy and to monitor Banks Risk Management functions on a regular basis.
3.
Credit Appraisal / Internal Rating:

3.1. The Bank manages its credit risk by continuously measuring and monitoring of risks at each obligor (borrower) and
portfolio level. The Bank has robust internally developed credit risk grading / rating modules and well-established
credit appraisal / approval processes.
3.2. The internal risk rating / grading modules capture quantitative and qualitative issues relating to management risk,
business risk, industry risk, financial risk and project risk. The data on industry risk is constantly updated based on
market conditions.
3.3. The rating for every borrower is reviewed. As a measure of robust credit risk management practices, the bank has
implemented a three tier system of credit rating process for the loan proposals sanctioned at Head Office Level and
two tier system at Zonal Office/ Branch level which includes validation of rating independent of credit department.
For the proposals falling under the powers of Banks Head Office, the validation of ratings is done at Risk Management
Department.
3.4. The Bank follows a well defined multi layered discretionary power structure for sanction of loans. As advised by the
ministry various committees have been formed at ZO & HO Level. ZLCC AGM/DGM headed by Zonal Head, FGMLCC
headed by Field General Manager, HLCC GM headed by GM (Credit), HLCC ED headed by ED (Executive Director),
CAC headed by CMD and MCBOD (Management Committee of the Board) headed by CMD. A structure named
New Business Group (NBG) headed by CMD has been constituted at Head Office level for considering in-principle
approval for taking up fresh credit proposals above a specified cut-off point.
A.
Gross Credit Risk Exposure
SL No
Exposure Type
1.
Fund Based
2.
Non-Fund Based
3.
Total
Domestic (Outstanding)
Overseas (Outstanding)
Total
1451851
79100
1530951
241031
12264
253295
1692882
91364
1784246
39
B.
Industry type distribution of exposures
S. No.
Industry
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
Mining and Quarrying

Food Processing
Beverage & Tobacco
Textiles
Leather & Leather Products
Wood & Wood Products
Paper & Paper Products
Petroleum, Coal Products and Nuclear Fuels
Chemicals and Chemical Products
Rubber, Plastic & their Products
Glass and Glassware
Cement and Cement Products
Basic Metal and Metal Products
All Engineering
Vehicles, Vehicle Parts and Transport Equipment
Gems & Jewellery
Construction
Infrastructure
Other Industries
Funded
Outstanding
980
32,520
3,470
50,100
860
1,870
4,950
11,940
43,070
4,110
360
10,720
91,630
44,600
4,130
11,340
31,860
247,590
53,860
Non-Funded
Outstanding
149
12824
31
3,322
30
196
1,812
6,377
8,334
859
262
426
22,816
22,003
50
3,013
42,978
30,558
20,437
649,960
176,477
Industry (Total of Small, Medium and Large Scale)
Credit Exposure of industries where outstanding exposure is more than 5% of the Total Gross Credit Exposure of the
Bank is as follows:
S.
No.
1.
1.1
2.
2.1
C.
Industry
Infrastructure
Out of which: Power
Basic Metal and Metal Products
Out of Which: Iron and Steel
Funded
Outstanding
247590
139820
91630
84760
Non Funded
Outstanding
30558
9406
22816
21800
% of Gross
Credit
16.17
9.13
5.99
5.54
Residual Contractual Maturity Breakdown of Assets
Buckets
Next day
2 7 days
8 14 days
15 28 days
29 days 3 months
>3 months 6 months
> 6months 1 year
>1 year 3 years
> 3 years 5 years
> 5 years
Total
Cash & RBI

Balances*
22170
2730
2523
2303
7474
6475
10191
18055
11473
13209
96603
* As per Structural Liquidity Statement.
40
Bank
Balances
16029
0
3125
312
19687
0
18125
2214
15243
0
74735
Net
Advances
12031
18788
11935
16577
96473
86750
141223
433036
195514
486435
1498762
Net
Investment
55052
13475
2495
703
55347
20887
21075
82435
144178
169135
564782
D.
Movement of NPAs and Provision for NPAs
S. No.
A.
Particulars
Amount of NPAs (Gross)
Amount
83579
A. 1
Substandard
37872
A. 2
Doubtful 1
23567
A. 3
Doubtful 2
22136
A. 4
Doubtful 3
A. 5
Loss
Net NPAs
NPA Ratios
C. 1
Gross NPAs to Gross Advances
5.46%
C. 2
Net NPAs to Net Advances
3.99%
Movement of NPAs (Gross)
D. 1
Opening balance
80124
D. 2
Additions
13973
D. 3
Reductions
10518
D. 4
Closing balance
83579
Movement of provisions for NPAs
E. 1
Opening balance
59788
24057
E. 2
Provisions made during the period
3911
E. 3
Write-off
4322
E. 4
Write-back of excess provisions
E. 5
Closing Balance
E.
557
23089
NPIs and Movement of Provision for Depreciation on NPI-Position.
S. No.
Particulars
A.
Amount of Non-Performing Investments
Amount
575
Amount of Provision held for Non Performing Investments
182
Net Non Performing Investments
393
Movement of provisions for depreciation on investments
D. 1
Opening balance
D. 2
Provisions made during the period
D. 3
Write-off
D. 4
Write-back of excess provisions
D. 5
Closing Balance
134
48
182
41
h bB-4
@h VJ: xEEi o]Eh E +vvx {] E |E]Eh

MhiE |E]Eh
xEEi o]Eh E +iMi E P @h BC{V i E u +xni BE( @h ]M BV) E ]M

E Ei V E, G, <b ]M, <E, + EE <b |. .* n @h BC{V i E
]bb Bb {+, bV + S E ]M E Ei *
E E{] + VxE Ij l ({B<) =vEi+ E <+B ]M |{i Ex E B |ix ni + V

]M ={v E x VJ i +i E Mhx i <x ]M E |M E *xEEi o]Eh (]b +
+x]b) E +vx VJ ={x E n BC{V xxJi ix |J VJ E] xxx :
{hiE |E]Eh
VJ { +vi E @h VJ BC{V (xv +vi B M-xv +vi) E h
(VJ x M Ex E {Si)
(` x )
VJ
100% E VJ
100% VJ
100% +vE VJ
{V Mi xv E]i
2
3
4
42
xvE
M xvE
662477
38081
398869
33582
291214
23565
Table DF 4
Credit Risk: disclosures for portfolios subject to the standardized approach
z
Under Standardized Approach the Bank accepts rating of all RBI approved ECRA (External Credit Rating Agency)
namely CARE, CRISIL, India Ratings, ICRA, SMERA and Brickwork India Pvt Ltd for domestic credit exposures.
For overseas credit exposures the bank accepts rating of Standard & Poor, Moodys and Fitch.
The Bank encourages Corporate and Public Sector Entity (PSE) borrowers to solicit credit ratings from ECRA and
has used these ratings for calculating risk weighted assets wherever such ratings are available. The exposure
amounts after risk mitigation subject to Standardized Approach (rated and unrated) in the following three major risk
buckets are as under:
Details of Gross Credit Risk Exposure (Fund based and Non-fund based) based on Risk-Weight
(After application of Risk Mitigants)
Sl.
Risk Weight
Funded
Non Funded
Below 100% risk weight
662477
38081
100% risk weight
398869
33582
More than 100% risk weight
291214
23565
Deduction from capital funds
No.
43
h bB-5
@h VJ x: xEEi o]Eh i |E]Eh
MhiE |E]Eh
1.
2.
3.
4.
5.
6.
E +{x =vEi+ E EB MB BC{V (xv +vi B M-xv +vi) E Ii Jx i z |E E

|ii (Vx {E E { {i E V Ei ) |{i Ei * VJ x i E u xi
={M EB Vx {E k {E (+li E V , E/bE |ii, Vx {, h
+h, S+ b x] +n), z h E S + +S +i/ {k +n i *
V HMi/E{] M] +{Ii i , =vEi E{x/E{] E }M{ O{ E{x Jx
E |J n E M] E i n Vi * xSi E Vi E =xE +xxi x {k =xE
M]Ei xx E B {{i *
xE +{I+ E +x{ E x b u vi +xni {E |vx B @h VJ {x E v BE {]
xi +{x< *
i V E E xnx E x xEEi o]Eh E ii @h VJ {x E v BE {E o]Eh
+{x VE ii |ii xi iE x] E | { E Ei B x] E n |ii
(|lE B {E) E {h Vx E +xi n M< * < |E @h VJ {V E {Ex @h x] E
E Ex i {j k x] E {h ={M E Vi * B Ex E x < v i W E E
nxn E +x{ <x ] |ii E +Yi E : (B) E V () Vx { ()
BxB/E{ (b) E |ii
<E +iH, @h VJ {x E +x +xni { : +x ] x]M + {j M] E ={vi*
i W E E nxn E +x =vEi E n M @h/ +O E {I ={v V E iE
(x] E iE) +x ] x]M E +Yi E M* <E +iH, @h VJ {V E {Ex i
i W E E nxn E +x {x B M VJ i <x M] E { E Vi : (B) Exp
E E M] (0%), () V E (20%) () V]BB< (0%) (b) <V (20%) (<) J {j E ii
G EB MB/xB MB E { M] (20% n E E ]M E +x )*
x i {j |E E |ii k |ii E { +x Vx i * < |E E u
+Yi @h VJ x |G E xph VJ E xEh i E< /=SSi xvi x E M< *
(` x )
B.
{hiE |E]Eh
{lE { |E]Ei |iE @h VJ M i, E BC{V (V |V
+x +l + ] E x]M E {Si) V |V E]i E {Si, {j k
{E { Ii
223456
{lE { |E]Ei |iE @h VJ M i, E BC{V (V |V

+x +l + ] E x]M E {Si) V M]/Gb] b<] u
Ii (V E E u { +xi n M< )
73860
h bB-6
|iiEh: xEEi o]Eh |E]Eh MhiE |E]Eh i
E/ E E< |iiEh BC{V x *
44
Table DF 5
Credit Risk Mitigation: Disclosures for Standardized Approaches
1.
Bank obtains various types of securities (which may also be termed as collaterals) to secure the exposures (Fund
based as well as Non-Fund based) on its borrowers. The collaterals commonly used by the Bank as the risk
mitigants comprise of the financial collaterals (i.e., Bank deposits, govt./postal securities, life insurance policies,
gold jewellery, units of mutual funds etc.), various categories of movable and immovable assets/landed properties
etc.
2.
Where personal/corporate guarantee is considered necessary, the guarantee is preferably that of the principal
members of the group holding shares in the borrowing company/ flagship Group Company of corporate. It is
ensured that their estimated net worth is substantial enough for them to stand as guarantors.
3.
In line with the regulatory requirements, the Bank has put in place a well-articulated Policy on Credit Risk Mitigation
and Collateral Management duly approved by the Banks Board.
4.
As advised by RBI, the Bank has adopted the comprehensive approach relating to credit risk mitigation under
Standardized Approach, which allows fuller offset of eligible securities against exposures, by effectively reducing
the exposure amount by the value ascribed to the securities. Thus the eligible financial collaterals have been used
to reduce the credit exposure in computation of credit risk capital. In doing so, the Bank has recognized specific
securities namely (a) Bank Deposits (b) Life Insurance Policies (c) NSCs / KVPs (d) Government Securities, in line
with the RBI guidelines on the matter.
5.
Besides, other approved forms of credit risk mitigation are On Balance Sheet Netting and availability of Eligible
Guarantees. On balance sheet netting has been reckoned to the extent of the deposits available against the loans/
advances of the borrower (to the extent of exposure) as per the RBI guidelines. Further, in computation of credit risk
capital, the types of guarantees recognized for mitigation and applicable Risk Weights, in line with RBI Guidelines
are (a) Central Government Guarantee (0%) (b) State Government (20%) (c) CGTMSE (0%) (d) ECGC (20%) (e)
Bank guarantee in form of bills purchased/discounted under Letter of Credit (20% or as per rating of foreign Banks).
7.
All types of securities eligible for mitigation are easily realizable financial securities. As such, presently no limit/
ceiling has been prescribed to address the concentration risk in credit risk mitigants recognized by the Bank.
SL
No
(a) For each separately disclosed credit risk portfolio the total exposure (after, where applicable, onor off balance sheet netting) that is covered by eligible financial collateral after the application of haircuts.
(b) 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)
223456
73860
Table DF 6
Securitization: Disclosure for Standardized Approach Qualitative Disclosures
The Bank/Group does not have any securitization exposure.
45
h bB-7
{ V VJ
MhiE |E]Eh
(B) V VJ :
1. V VJ E V n, n p x n, <C] + {h i+ E V V E =i-Sg
{ix/Sx =i{z li E Eh E E x x E x E { {i E Vi * V VJ
E E BC{V (BBB + BSB] h) P x (V v Ji B <C]), n
p x li =i{z i * V VJ |vx E =q +M B <C] { x E | E E Ex*
2. E EM V VJ |vx i x, n p {Sx, C E] ] bM b<], +i ni |vx
B ix {Ih v b u +xni xi * xi xSi Ei E l + |ii, <C],
n p + b<] {Sx og {{] + Vn xE nxn E +x Si E
Vi *
3. E ii VJ E {x, x]M + |vx i xEn | o]Eh il ]E o]Eh E ={M Ei *
xEn | o]Eh E +iMi z E +iMi i E h x E l E Vi * ]E
o]Eh E +iMi z +x{i l E V/E +i, +l +i/+l niB +n E Mhx E Vi
+ BBB xi xn] x E {I =E h E Vi * V E +{Ii i +E/b
E xnx viE ={ EB Vi * E x n {li E +iMi E E +xxE ii li E
xvh i +EE xvx Vx E |G +{x< *
4. n n +i B ni+ E VB{ h E v V n VJ E |vi E Vi + xvi xEEi
+ E v =xE xMx E Vi * E +{v +li 1 iE +{x x V + { V n VJ
E | E xvh Ex E B {{E +i h (]VB) E |M Ei * <C]/x {k E V
E v V n {ix E nPv | E xvh Ex E B E bx M{ Bx (bVB) E |M Ei
*
5. E x V VJ E {x, x]M + |vx i z B i E , V - b<b b x ], b <]
], +x<] ], BOM] M{ ], B+ ], b <V ], E=] {] ], <]]-<V ],
b-<V ], ]{ ] +n* <x + E nxE +v { x]M E Vi il xvi E
+x |vx E <E {]M E Vi *
6.
E x V VJ { {V | E Mhx i u lxvi xEEi +v o]Eh E +{x *
{hiE |E]Eh
(` x )
1.
V VJ i E {V +EiB
6506
1.1
V n VJ
4647
1.2
<C] li VJ
1804
1.3
n x VJ
55
46
Table DF 7
Market Risk in Trading Book
(a) Market Risk:
1.
Market Risk is defined as the possibility of loss caused by changes/movements in the market variables such as
interest rates, foreign currency exchange rates, equity prices and commodity prices. Banks exposure to Market risk
arises from investments (interest related instruments and equities) in trading book (both AFS and HFT categories)
and the Foreign Exchange positions. The objective of the market risk management is to minimize the impact of
losses on earnings and equity.
2.
The Bank has put in place Board approved Policies on Investments, Foreign Exchange Operations, Trading in Forex
Market, Derivatives, Asset Liability Management and Stress Testing for effective management of market risk. The
policies ensure that operations in fixed income securities, equities, foreign exchange and derivatives are conducted
in accordance with sound business practices and as per extant regulatory guidelines.
3.
Bank uses Cash-flow Approach and Stock Approach for measuring, monitoring and managing Liquidity Risk. Under
cash flow approach, mismatches under various time buckets are analyzed vis--vis tolerance limits. Under stock
approach, various ratios like Core Deposits/Total Assets, Temporary Assets/Volatile Liabilities, etc. are calculated
and analyzed against tolerance limits specified in the ALM Policy. Appropriate corrective measures, wherever required
are taken as per directives of ALCO / Board. The Bank has also put in place mechanism for Contingency Funding
Plan to assess the projected liquidity position of the Bank under stressed scenarios.
4.
Interest Rate Risk is managed through use of Gap analysis of rate sensitive assets and liabilities and monitored
through prudential tolerance limits. Bank uses Traditional Gap Analysis (TGA) for assessing the impact of Interest
Rate Risk on its Net Interest Income over a short term i.e. upto 1 year. For assessing long term impact of interest rate
changes on Market Value of Equity / Net Worth, Duration Gap Analysis (DGA) is carried out.
5.
The Bank has put in place various limits to measure, monitor and manage market risk, viz., Modified duration Limits.
Day Light Limits, Overnight Limits, Aggregate Gap Limits, VaR Limit, Deal Size Limits, Counterparty Limits, Instrumentwise Limits, Dealer-wise limits, Stop Loss Limits etc. The limits are monitored on daily basis and reported to the top
management as per stipulated timelines.
6.
The Bank has adopted Standardized Duration Approach as prescribed by RBI for computation of capital charge for
Market Risk.
1
The total capital requirements for Market Risk
6506
1.1 Interest rate risk
4647
1.2 Equity position risk
1804
1.3 Foreign exchange risk
55
47
h bB-8
{Sx VJ
MhiE |E]Eh
1. {Sx VJ ii{, +{{i + +iE |G+, H |v P]x+ E Eh x
x E VJ * {SxMi VJ Exx VJ {xi hxiE |i`Mi VJ x *
2. E x b u vi +xni { {SxMi VJ |vx xi x{i E * {SxMi VJ E |vx
Vc < b u +MEi +x xi : (B) +x{x VJ |vx xi () n p VJ |vx xi () +{x
OE E Vx (E<) + Bx] x xbM (BBB) vi xiMi niV (b) Sx |tME
xii B +{n xh Vx (<) vJvc VJ |vx xi +n*
3. E u +MEi {SxMi VJ |vx xi M`xiE Sx B {SxMi VJ E |vx i
|G+ E {] E M * < xi E =q {SxMi VJ E | { xji, {i, +Yi,
Ei B Sxi Ex + iE {SxMi x i {SxMi VJ E { {]M i ni E
{] xnx E u E E nx-|inx E VJ |vx |G {SxMi VJ |h E BEEi Ex *
E x {SxMi VJ E {E B r, +iE xjE E E v |vi E *
4. E u V +i nxn E +x E x {SxMi VJ i {V E +Ex E B E iE
n ]Eh E +{x *
5. nxn E +x {SxMi VJ i {V , i W E u l{i Mi 3 E vxiE E
E + E 15 |ii E * inx lli 31.03.2015 E {SxMi VJ i {V +{I `10095
x *
48
Table DF 8
Operational Risk
1.
Operational Risk is the risk of loss resulting from inadequate or failed internal processes, people and systems or from
external events. Operational risk includes legal risk but excludes strategic and reputation risks.
2.
The Bank has framed Operational Risk Management Policy duly approved by the Board. Supporting policies adopted
by the Board which deal with management of various areas of operational risk are (a) Compliance Risk Management
Policy (b) Forex Risk Management Policy (c) Policy Document on Know Your Customers (KYC) and Anti Money
Laundering (AML) Procedures (d) Business Continuity and Disaster Recovery Policy (e) Fraud Risk Management
Policy etc.
3.
The Operational Risk Management Policy adopted by the Bank outlines organization structure and detailed processes
for management of operational risk. The basic objective of the policy is to closely integrate operational risk management system into the day-to-day risk management processes of the Bank by clearly assigning roles for effectively
identifying, assessing, monitoring and controlling / mitigating operational risks and by timely reporting of operational
risk exposures, including material operational losses. Operational risks in the Bank are managed through comprehensive and well articulated internal control frameworks.
4.
In line with the final guidelines issued by RBI, the Bank has adopted the Basic Indicator Approach for computing
capital for Operational Risk.
5.
As per the guidelines, the capital for operational risk is equal to 15% of average positive annual Gross Income of
previous three years as defined by RBI. Accordingly, the capital requirement for operational risk as on 31.03.2015 is
` 10095 Millions.
49
h bB-9
EM V n VJ (+<++)
MhiE |E]Eh
(B) EM V n VJ :
1. V n VJ, VJ E B li V V V n {ix E E k li |i Ei *
V n {ix E iiE | E E +Vx +li x V + (Bx+<+<) { {ci * V n {ix
E nvv | E E <C] E V (B<) +l x {k { {ci CE E E +i, ni+ +
ix{j li E +lE V V n +i +x |i i *
2. + { | (Vx o]Eh) E {{Mi +i h E ={M E v { Vi V n n ni+
+ n n +i (ix{j li i) E S i E z +i { E n M< iJ E {i
* Bx+<+< { V n VJ E E E BBB { lxvi BE z E v 100,200,300
{B E +xxE n Mi B xvi E Vi *
3. E x +lE {|I +{x ix {j V n VJ E {x i b x M{ Bx E +{x * E /
b u xvi x {{Ci, E{x + +M {] E ={M Ei B n n ni+ + +i E E]
vi +v E Mhx Ei * vi +v +i E Mhx E n n +i + ni+ E i +i
vi +v E Vi x {k { V n {ix E | E h 100,200 + 300 {B E
+xxE V n E E Mi B E Vi *
4. V n VJ E h + {]M E u E +v { E Vi *
(` x )
1.
2.
{hiE |E]Eh
V n {ix
1.00%
V n {ix
VJ { +Vx (Bx+<+<)
VJ { <C] E +lE (x]l)
1.00%
`1258
`2399
50
Table DF 9
Interest Rate Risk in the Banking Book (IRRBB)
(a) Interest Rate Risk in the Banking Book:
1.
Interest Rate Risk is the risk where changes in market interest rates might adversely affect a Banks financial
condition. The immediate impact of changes in interest rates is on Banks earnings i.e. Net Interest Income (NII).
A long -term impact of changing interest rates is on Banks Market Value of Equity (MVE) or Net Worth as the
economic value of Banks assets, liabilities and off-balance sheet positions get affected due to variation in market
interest rates.
2.
The impact on income (Earnings perspective) is measured through use of Traditional Gap analysis, which measures
mismatch between rate sensitive liabilities and rate sensitive assets (including off-balance sheet positions) over
different time intervals, as at a given date. The impact of interest rate risk on NII is assessed by applying notional
rate shock of 100,200 & 300 bps on gaps in various time bucket up to a period of one year as prescribed in Banks
ALM Policy.
3.
The Bank has adopted Duration Gap Analysis (DGA) to measure interest rate risk in its balance sheet from the
economic value perspective. The Bank computes bucket-wise Modified Duration of Rate sensitive Liabilities and
Assets using the suggested common maturity, coupon and yield parameters, prescribed by RBI/BOARD The modified
Duration Gap is computed from weighted average modified duration of total rate sensitive assets and rate sensitive
liabilities. The impact of change in interest rate on net worth is analyzed by applying a notional interest rate shock
of 100, 200 & 300 bps.
4.
The analysis & reporting of Interest rate risk is done by the Bank on a monthly basis.
S.No.
1.
2.
Change in Interest Rate
Earnings at Risk (NII)
1.00%
` 2399
Change in Interest Rate
Economic Value of Equity at Risk

(Net Worth)
1.00%
` 1258
51
h bB-10
|i{I @h VJ vi BC{V E x |E]Eh

MhiE |E]Eh
|i{I @h VJ B VJ V E k n |i{I n E {i { SE Ei B n
E +x Mix x Ei * E +-n-E=] (+]) b<] B |ii k{h xnx (BB])
|i{I @h VJ E +vvx *
E x { ]bM E |Vx E l-l VM VJ i b<] =i{n E ={M Ei V
V n + n p VJ * b<] {Sx E VJ |vx E nJJ ` E{E E nJJ
i V ij { E Ei B |vx E {] Ei *
E E { b<] E { n n E l-l V n { *
b<] nxE +v { V E E Vi B xvi E {x E Vi *
VJ E {]M + x]M E Si |h *
(` x )
G
1
2
3
4
5
{hiE |E]Eh
n+ E E vxiE
E x
x S @h x
vi {E
x b<] @h BC{V
5637
5637
5637
xx
S @h BC{V
(vxiE B]B)
E @h BC{V
G < V n {
n n E
5000
100
V n }S
@h SE {
E +{x
n nB
892327
5637
22957
897327
5637
23057
BE < V n {
52
Table DF 10
General Disclosure for Exposures Related to Counterparty Credit Risk
z
Counterparty Credit risk is the risk that the counterparty to a financial contract will default prior to the expiration of
the contract and will not make all the payments required by the contract. Only the Over-the-Counter (OTC) derivatives
and Security financing transactions (SFTs) are subject to counterparty credit risk.
The Bank uses derivative products in the normal course of business for trading purposes as well as hedging risk
which includes interest rate and foreign currency risk. The risk management of derivative operation is headed by a
senior executive, who reports to top management, independent of the line functions.
The Bank has forward contracts as well as Interest Rate Swaps as derivatives.
Derivatives are marked to market on daily basis and the limit prescribed is adhered to.
Proper system for reporting and monitoring of risks is in place.
(Amount in ` Millions)
S.
No.
1.
Gross positive value of contracts
2.
Netting Benefits
3.
Netted current credit exposure
4.
Collateral held
5.
Net Derivative: Credit Exposure
Item
5637
5637
5637
Notional Amount
Current Credit
Total Credit
Exposure
Exposure
(positive MTM)
Cross CCY Interest Rate Swaps
Forward rate agreements
5000
100
Interest rate future
Credit default swaps
Single CCY Interest Rate Swaps
Currency options
Forward Contracts
892327
5637
22957
Total
897327
5637
23057
53
h bB - 11
{V E M`x
h
III { ={S E
+vvx
x <C] ] 1 {V : Ji B +Ii
|iI { V x {V
|)
|ivi ={Vx
Si +x O + (B +x +Ii)
|iI { V {V , <]1 V +>] E +vvx

(E M-H ]E E{x { |V)
1 Vx, 2018 iE VxE Ij i |{i x {V
+xM u V B ii {I u J M< x {V
( <]1 +xi)
xE Vx { x <C] ] 1 {V
5
6
x )
n .
(`
vi ]E +v (
30161
3832
B 1+ B 2
B3
81819
1+ 2
+ 3 + 4
115812
0.00
0.00
x <C] ] 1 {V : xE Vx
E{h Ex Vx
Mb (vi E ni E x)
vE-M +vE E Uc E +x +i +i
(vi E ni E x)
10 +lMi E +i
11 xEn-| V +Ii
12 |ii x E v |vx E E
13 G { |iiEh
14 =Si ni+ { xV @h VJ {ix E {h{
B x
15 {i- {x xv x +i
16 +{x x (+M |ini ix{j |nk {V
{
Vi x E M< )
17 x <C] {{E G- bM
18 EM, k + l+,V E Ex E MV
<
x,{j +{ li E x, V E E V {V
E 10% +vE x (xxi 10% +vE E )
<
|J x,{j +{ li E x, V E E V
{V E 10% +vE x (xxi 10% +vE E )
20 vE M +vE (xxi 10% +vE E )
21 +l< +i =i{z +lMi E +i
(xxi 10% +vE E vi E ni E x)
22 xxi 15% +vE E
23 V : x k ]E
|J x
24 V : vE M +vE
25 V : +l +i =i{z +li E +i
26 ] ] xE Vx (26B+26+26+26b)
x
26B V : +Ei M-k +xM E <C] {V
26 V : +Ei M-k +xM E <C] {V
x
26 V : vEEi B k l+ {V
E
E V E E l Ei x *
26b V : +{vi {x xv
7
8
9
54
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
31
52
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
150
0.00
0.00
-
(`
III { |i{nx E +vx E E v

x <C] ] 1 { EB MB xE Vx
x )
0.00
V : Ei k +xM E <C] {V x
150
27 E] i E E Ex i +{{i +iH ] 1 B ] 2 E Eh x
<C] ] 1 EB MB xE Vx
28 x ] 1 { EB MB E xE Vx
181
29 x <C] ] 1 {V
(<] 1)
115631
150
+iH ] 1 {V : Ji
30
31
32
33
34
35
36
|iIi: V {j +iH ] 1 Ji + vi ]E +v (31+ 32)

V : |V J xE E +iMi <C] E { MEi
(n +S +vxi )
V : |V J xE E +iMi ni+ E { MEi
(MEi @h Ji)
|iI { V {V Ji i +iH ] 1 M
+xM u V B ii {I (O{ B]1 +xi ) u J M<
+iH ]-1 E Ji (+ {H 5 x E M< <]1
E Ji)
V : +xM u V Ji i =xE {i M
xE Vx { +iH ]-1 {V
2100
3000
2100
+iH ]-1 {V : xE Vx
+{x +iH ] 1 Ji x
38 +iH ] 1 Ji +{ |ivi
<
x,{j +{ li E x, V E E V {V E
10% +vE x (xxi 10% +vE E )
<
|J x({j +vG E li )
41 ] ] xE Vx (41B + 41)
41B +Ei +xM E +iH ] 1 {V
x
41 vEEi B k l+ E +iH ] 1
E V E E l Ei x *
-III { |i{nx E +vx E E v
+iH ] 1 EB MB xE Vx
42 E] i E E Ex i +{{i ] 2 E
Eh +iH ] 1 EB MB xE Vx
43 +iH ] 1 {V
EB MB E xE Vx
44 +iH ] 1 {V
(B] 1)
44B {V
{{ii Mhx E B B MB +iH ] 1 {V
45 ] 1 {V
(] 1= <]1 + B]1) ({H 29 + {H 44 B)
37
] 2 {V : Ji + |vx
46 |iIi: V {j +iH ] 2 Ji + vi ]E
+v
47 |iI { V {V
Ji i +iH ] 2 M
55
0.00
3
2097
2097
117728
5000
19124
39119
4
2+ 3
(`
+xM u V B ii {I (O{ ] 2 +xi ) u vi

] 2 E Ji (+ <] 1 B {H 5 34 x E M<
E Ji )
49 V : +xM u V Ji i =xE {i M
50 |vx
17835
51 xE Vx { +iH ] 2 {V

41959
] 2 {V : xE Vx
52 E +iH ] 2 Ji x
53 +iH ] 2 Ji +{ |ivi
97
<
x,{j +{ li E x, V E E V {V E
10% +vE x (xxi 10% +vE E )
<
|J x({j +vG E li )
56 ] ] xE Vx (56B + 56)
56B V :+Ei +xM E +iH ] 2 {V
x
56 vEEi B k l+ E +iH ] 1 E E V
E E l Ei x *
III { |i{nx E +vx E E v
] 2 { EB MB xE Vx
E xE Vx
97
57 ] 2 {V
58 ] 2 {V
(]2)
41862
58B {V
{{ii E B M< ] 2 {V
41862
58 ] 2 {V
E { M< +iH ] 1 {V
0.00
58 {V
{{ii E B +xi E ] 2 {V . ({H 58 B + {H 58 )
41862
59 E {V
(] = ]1 + ] 2) ({H 45+{H 58)
159590
x )
48
{- III E |i{nx E +vvx E v VJ i +i

VJ i E +i ({H 60B + {H 60 +{H 60)
60B V : E @h VJ i +i
60 V : E V VJ i +i
60 V : E {SxMi VJ i +i
{V +x{i
61 x <C] ] 1 (VJ i +i E |ii E { )
62 ] 1 (VJ i +i E |ii E { )
63 E {V
(VJ i +i E |ii E { )
64 l E +Ei (xxi <]1 +Ei + {V

Exx il |i SG +EiB V VJ i +i
E { H E M< )
65 V : {V
Exx +Ei
66 V : E ] |iSG +Ei
67 V : V-B+< +Ei
68 { Ex i ={v x <C] ] 1 (VJ i +i E
|ii E { )
] x (n III z )
69 ] x <C] ] 1 xxi +x{i (n III z )
60
56
1527804
1343347
72291
112166
7.57%
7.71%
10.45%
5.50%
0.00%
7.57%
5.50%
b1+ b2
161
(`
] <C] ]-1 xxi +x{i (n III z )

] E {V xxi +x{i (n III xxi z )
E]i E B E (VJ {)
72 +x k E {V
M i{h x
] x
73 k E x ]E
74 vE M +vE (vi E ni E x))
75
+l< +i =i{z +lMi E +i (vi E ni E x)
] 2 |vx Ex { |V =SSi
76 BC{V E v ]-2 Ex i {j |vx i
xEEi o]Eh E +vx (=SSi M Ex {)
77 xEEi o]Eh E +iMi ]-2 |vx Ex E =SSi
78 BC{V E v ]-2 Ex i {j |vx i
+iE ]M +vi o]Eh { (=SSi M Ex {)
79 +iE ]M +vi o]Eh E +iMi ]-2 Ex i |vx
E =SSi *
V +=] l E +vvx {V Ji
(E 31 S, 2017 il 31 S, 2021 E S |V)
80 V +=] l E +vvx <] 1 Ji { S =SSi
81 =SSi E Eh <] 1 x E M< (Sx B
{{Ci E n =SSi +vE +iH )
82 V +=] l E +vvx B]1 Ji { S =SSi
83 =SSi E Eh B] 1 x E M< (Sx B
{{Ci E n =SSi +vE +iH )
84 V +=] l E +vvx ] 2 Ji { S =SSi
85 =SSi E Eh ] 2 x E M< (Sx B {{Ci
E n =SSi +vE +iH )
]{{] v x]
70
71
]{{] E
{H .
10
19
26
44B
50
58
7.00%
9.00%
1280
0.00
0.00
0.00
17835
19098
+|V
+|V
+|V
+|V
+|V
+|V
+|V
+|V
(`
Si x r +lMi E +i
+lMi E +i (Si x r E Uc E) +lMi
E ni E x
{H 10 l <Mi E
+xM x E n {V { i P] x M +
<E VB P] i 10 |ii E E +xiMi x M ,
E E {V {h r
V : x <C] ]-1 {V r
V : +iH ]-1 {V r
V : ]-2 {V r
+Ei M-k +xM E <C] {V x E n P] x
M + <B, VJ i, i:
(i) Ex <C] ]-1 {V
r
(i) x ] 1 {V
r
(ii) VJ i +i r
+iH ]-1 {V E {V {{ii i {Mhi x E M
({H 44 l Si +iH ]-1 {V il {H 44B l
Si +xi +iH ]-1 {V E S E +i)
V : +vE +iH ]-1 {V V {H 58 E +xiMi ]-2 {V x M<
]-2 {V {j |vx
]-2 {V {j {x x +Ii xv
{H 50 E E
{V {{ii i +{Ei +ivE ]-2 {V ({H 58 l Si ]-2
{V il {H 58B l Si ]-2 {V E S E +i)
57
x )
x )
-
0.00
0.00
14014
3821
17835
Table DF 11
Composition of Capital
Particulars
(`
` in million)
Amount
Amounts Subject
To Pre-Basel III
Treatment
Ref. No.
Common Equity Tier 1 capital: instruments and reserves

1
Directly issued qualifying common share capital plus related
stock surplus (share premium)

Retained earnings
30161
3832
A1 + A2
A3
Accumulated other comprehensive income (and other reserves)
81819
B1 + B2+
B3+ B4
Directly issued capital subject to phase out from CET1
(only applicable to non-joint stock companies)
Public sector capital injections grandfathered until 1 January 2018
Common share capital issued by subsidiaries and held by third

parties (amount allowed in group CET1)
Common Equity Tier 1 capital before regulatory adjustments
115812
Common Equity Tier 1 capital: regulatory adjustments

7
8
9
10
11
12
13
14
15
16
Prudential valuation adjustments

Goodwill (net of related tax liability)
Intangibles other than mortgage-servicing rights (net of related tax liability)
Deferred tax assets
Cash-flow hedge reserve
Shortfall of provisions to expected losses
Securitization gain on sale
Gains and losses due to changes in own credit risk on fair valued liabilities
Defined-benefit pension fund net assets
Investments in own shares (if not already netted off
paid-in capital on reported balance sheet)
17 Reciprocal cross-holdings in common equity
31
18 Investments in the capital of Banking, financial and insurance entities
that are outside the scope of regulatory consolidation, net of eligible
short positions, where the Bank does not own more than 10% of the issued
share capital (amount above 10% threshold)
19 Significant investments in the common stock of Banking, financial and
insurance entities that are outside the scope of regulatory consolidation,
net of eligible short positions (amount above 10% threshold)
20 Mortgage servicing rights (amount above 10% threshold)
21 Deferred tax assets arising from temporary differences (amount
above 10% threshold, net of related tax liability)
22 Amount exceeding the 15% threshold
23 of which: significant investments in the common stock of financials
24 of which: mortgage servicing rights
25 of which: deferred tax assets arising from temporary differences
26 National specific regulatory adjustments (26a+26b+26c+26d)
150
26a Of which: Investments in the equity capital of unconsolidated
non-financial subsidiaries
26b Of which: Investment in the equity capital of unconsolidated
non-financial subsidiaries
26c Of which: Shortfall in the equity capital of majority owned financial entities
which have not been consolidated with the Bank
26d Of which: Unamortized pension funds expenditures
58
52
(`
` in million)
REGULATORY ADJUSTMENTS APPLIED TO COMMON EQUITY TIER 1 IN RESPECT OF
AMOUNTS SUBJECT TO PRE-BASEL III TREATMENT
OF WHICH: Investment in the equity capital of consolidated financial

subsidiaries
150
150
3000
C1
27 Regulatory adjustments applied to Common Equity Tier 1 due to insufficient

Additional Tier 1 and Tier 2 to cover deductions
28 Total regulatory adjustments to Common equity Tier 1

29 Common Equity Tier 1 capital (CET1)
181
115631
Additional Tier 1 capital: instruments

30 Directly issued qualifying Additional Tier 1 instruments plus related
31
32
stock surplus (31+32)

of which: classified as equity under applicable accounting standards
(Perpetual Non-Cumulative Preference Shares)
of which: classified as liabilities under applicable accounting standards

(Perpetual debt Instruments)
33 Directly issued capital instruments subject to phase out from

Additional Tier 1
2100
34 Additional Tier 1 instruments (and CET1 instruments not included in row 5)

issued by subsidiaries and held by third parties (amount allowed in group AT1) 35
of which: instruments issued by subsidiaries subject to phase out
36
Additional Tier 1 capital before regulatory adjustments
2100
Additional Tier 1 capital: regulatory adjustments

37 Investments in own Additional Tier 1 instruments
38 Reciprocal cross-holdings in Additional Tier 1 instruments

short positions ,where the Bank does not own more than 10% of the
issued common share capital of the entity (amount above 10% threshold)
40 Significant investments in the capital of Banking, financial and insurance

entities that are outside the scope of regulatory consolidation (net of eligible
short positions)
41 National specific regulatory adjustments (41a + 41b)
41a Investments in Additional Tier 1 Capital of unconsolidated

insurance subsidiaries
41b Shortfall in the Additional Tier 1 capital of majority owned financial

entities which have not been consolidated with the Bank
REGULATORY ADJUSTMENTS APPLIED TO ADDITIONAL TIER 1 IN

RESPECT OF AMOUNTS SUBJECT TO PRE-BASEL III TREATMENT
42 Regulatory adjustments applied to Additional Tier 1 due to insufficient

Tier 2 to cover deductions
Total regulatory adjustments to Additional Tier 1 capital
44 Additional Tier 1 capital (AT1)
2097
44a Additional Tier 1 capital reckoned for capital adequacy

45 Tier 1 capital (T1 = CET1 + AT1) (row 29 + row 44a)
2097
117728
Tier 2 capital: instruments and Provisions

46 Directly issued qualifying Tier 2 instruments plus related stock surplus
47 Directly issued capital instruments subject to phase out from Tier 2
59
5000
19124
39119
C4
C2+ C3
(`
` in million)
48 Tier 2 instruments (and CET1 and AT1 instruments not included in rows
5 or 34) issued by subsidiaries and held by third parties (amount
allowed in group Tier 2)
49
of which: instruments issued by subsidiaries subject to phase out
50 Provisions
17835
51 Tier 2 capital before regulatory adjustments

Tier 2 capital: regulatory adjustments
41959
52 Investments in own Tier 2 instruments
D1+ D2
53 Reciprocal cross-holdings in Tier 2 instruments
97

short positions, where the Bank does not own more than 10% of the
issued common share capital of the entity (amount above the 10%
threshold)
55 Significant investments in the capital Banking, financial and insurance

entities that are outside the scope of regulatory consolidation (net of
eligible short positions)
56 National specific regulatory adjustments (56a+56b)
56a Of which: Investments in the Tier 2 capital of unconsolidated subsidiaries
56b Of which: Shortfall in the Tier 2 capital of majority owned financial entities
which have not been consolidated with the Bank
REGULATORY ADJUSTMENTS APPLIED TO TIER 2 IN RESPECT OF

AMOUNTS SUBJECT TO PRE-BASEL III TREATMENT
57 Total regulatory adjustments to Tier 2 capital
97
58 Tier 2 capital (T2)
41862
58aTier 2 capital reckoned for capital adequacy

58bExcess Additional Tier 1 capital reckoned as Tier 2 capital
58cTotal Tier 2 capital admissible for capital adequacy (row 58a + row 58b)
59 Total capital (TC = T1 + T2) (row 45+row 58c)
41862
0
41862
159590
RISK WEIGHTED ASSETS IN RESPECT

OF AMOUNTS SUBJECT TO PRE-BASEL III TREATMENT
60 Total risk weighted assets (row 60a +row 60b +row 60c)
1527804
60aof which: total credit risk weighted assets

60bof which: total market risk weighted assets
60cof which: total operational risk weighted assets
Capital ratios
1343347
72291
112166
61 Common Equity Tier 1 (as a percentage of risk weighted assets)

62 Tier 1 (as a percentage of risk weighted assets)
7.57%
7.71%
63 Total capital (as a percentage of risk weighted assets)
10.45%
64 Institution specific buffer requirement (minimum CET1

requirement plus capital conservation and countercyclical
buffer requirements, expressed as a percentage of
risk weighted assets)
5.50%
65 of which: capital conservation buffer requirement
0.00%
66 of which: Bank specific countercyclical buffer requirement
67 of which: G-SIB buffer requirement
68 Common Equity Tier 1 available to meet buffers (as a percentage

of risk weighted assets)
National minima (if different from Basel III)
7.57%
69 National Common Equity Tier 1 minimum ratio

(if different from Basel III minimum)
5.50%
60
161
(`
` in million)
70 National Tier 1 minimum ratio (if different from Basel III minimum)
7.00%
71 National total capital minimum ratio (if different from Basel III minimum)
9.00%
Amounts below the thresholds for deduction (before risk weighting)

72 Non-significant investments in the capital of other financials
1280
73 Significant investments in the common stock of financials
74 Mortgage servicing rights (net of related tax liability)
75
Deferred tax assets arising from temporary differences

(net of related tax liability)
Applicable caps on the inclusion of provisions in Tier 2

76 Provisions eligible for inclusion in Tier 2 in respect of
exposures subject to standardized approach (prior to application of cap)
17835
77
Cap on inclusion of provisions in Tier 2 under standardized approach
78
Provisions eligible for inclusion in Tier 2 in respect of exposures subject to

internal ratings-based approach (prior to application of cap)
19098
NA
79 Cap for inclusion of provisions in Tier 2 under internal

ratings-based approach
NA
Capital instruments subject to phase-out arrangements (only applicable

between March 31, 2017 and March 31, 2021)
80 Current cap on CET1 instruments subject to phase out arrangements
81
NA
Amount excluded from CET1 due to cap (excess over cap
after redemptions and maturities)

82 Current cap on AT1 instruments subject to phase out arrangements
NA
NA
83 Amount excluded from AT1 due to cap (excess over cap after
84
redemptions and maturities)

Current cap on T2 instruments subject to phase out arrangements
85
Amount excluded from T2 due to cap (excess over cap after

redemptions and maturities)
NA
NA
NA
Notes to the Template

Row No.
(` in million)
of the
Particular
Template
10
Deferred tax assets associated with accumulated losses
Deferred tax assets (excluding those associated with accumulated losses) net of Deferred tax liability
Total as indicated in row 10
19
If investments in insurance subsidiaries are not deducted fully from capital and instead considered
under 10% threshold for
deduction, the resultant increase in the capital of bank
of which: Increase in Common Equity Tier 1 capital
of which: Increase in Additional Tier 1 capital
of which: Increase in Tier 2 capital
26b
If investments in the equity capital of unconsolidated non-financial subsidiaries are
not deducted and hence, risk weighted then:
(i) Increase in Common Equity Tier 1 capital
(ii) Increase in risk weighted assets
44a
Excess Additional Tier 1 capital not reckoned for capital adequacy (difference between Additional
Tier 1 capital as reported in row 44 and admissible Additional Tier 1 capital as reported in 44a)
of which: Excess Additional Tier 1 capital which is considered as Tier 2 capital under row 58b
50
Eligible Provisions included in Tier 2 capital
14014
Eligible Revaluation Reserves included in Tier 2 capital
3821
Total of row 50
17835
58a
Excess Tier 2 capital not reckoned for capital adequacy (difference between Tier 2 capital
as reported in row 58 and T2 as reported in 58a)
-
61
h bB - 12
Sh - 1
{V E M`x - vx v +EiB
G. h
.
B. {V B niB
i. |nk {V
+Ii B +v
V :
vE +Ii
{V +Ii
V B +x +Ii
x +Ii xv Ji
|
+Ii
{x x +Ii
B x Ji
V : {U k E +x B x Ji
+{ V
E {V
ii. V
V : E V
V : OE V
iii. =v
V : ..E
V : E
V : +x l+ B BV
V : +x (i )
V : {V Ji
V : Mh xx l @h Ji
V : Mh @h +{ ] 2 {V
V : Mh @h ] 2 {V
V : Mh @h ] 2 *** {V
iv. +x niB B |vx
E
.+i
i. i W E E { xEn B
E E { B M + +{ Sx { |{ vx
ii. x :
V : E |ii
V : +x +xni +i
V :
V : bS B b
V : +xM/H =t/BB]
V : +x (hVE {j, S+ b +n)
iii. @h B +O
V : E E @h B +O
V : OE E @h B +O
iv. +S +i
v. +x +i
V : J B +i +i
V : +lMi E +i
vi. Ex { J
vii. B x Ji x
E +i
62
x )
n
.
(`
k h E
+x{ ix{j
5714
120714
B1
-
32044
4229
31047
1386
24447
14500
8490
3832
3630
0.00
126428
1934240
10887
1923353
143159
2000
5947
93093
42119
3000
10000
24119
5000
67137
2270964
1
2
3
b1
B2
4
b2
B3
-
16602
74734
564788
457020
464
3645
50981
1454
51224
1498768
1498768
14054
22018
0.00
0.00
0.00
0.00
2270964
1
2
3
4
-
Sh - 2
h
B.
i.
k h E
+x{ ix{j
{V B niB
|nk {V
V : <]1 i {j
V : B]1 i {j
+Ii B +v
V :
vE +Ii
{V +Ii
V B +x +Ii
x +Ii xv Ji
|
+Ii
{x x +Ii
V : <] 1 i {j
V : ] 2 i {j
5714
5714
120714
B x Ji
V : {U k E +x B x Ji
+{ V
E {V
ii. V
V : E V
V : OE V
iii. =v
V : ..E
V : E
V : +x l+ B BV
V : +x (i )
V : {V Ji
V : Mh xx l @h Ji
V : Mh @h +{ ] 2 {V
V : Mh @h ] 2 {V
V : Mh @h ] 2 III {V
iv. +x niB B |vx
V : J v b]B
V : +i +i v b]B
V : +Ii v b]B
E
. +i
i. i W E E { xEn B
E E { M il +{ Sx { vx
ii. x
V : E |ii
V : +x +xni +i
V :
V : bS B b
V : +xM/H =t/BB]
V : +x (hVE {j, S+ b +n)
iii. @h B +O
V : E E @h B +O
V : OE E @h B +O
iv. +S +i
v. +x +i
V : J B +i +i
V : +lMi E +i
vi. Ex { J
vii. B x Ji x
E +i
63
<1
-
32044
3976.85
4229
31047
1386
24447
14500
8490
0.00
3821
3832
3630
0.00
126428
1934240
10887
1923353
143159
2000
5947
93093
42119
3000
10000
24119
5000
<1
B1
B2
B3
BS1
<2
B4
67137
BS2
B3
-
V1
V2
V3
V4
4861
2270964
96602
74734
564788
457020
464
3645
50981
1454
1498768
1498768
14054
22018
0.00
0.00
0.00
0.00
2270964
Sh - 3
III x |E]Eh ]{] E (+iH E E l) - h bB - 11
Z <C] ] 1 {V : Ji B +Ii
E u {] E M<
xE {V E P]E
1 |iI { V {j x
(B M-H ]E E{x i i)
{V + vi ]E +v
2 |ivi ={Vx
3 Si +x O + (B +x +Ii)
30161
3832
81819
4 |iI { V {V <] 1 V +>] E

+vvx (E M-H ]E E{x { |V)
5 +xM u V B ii {I u J M< x
{V ( <]1 +xi)
6 xE Vx { x <C] ] 1 {V
7 E{h Ex Vx
8 J (vi E ni E x)
115812
-
64
E u {] E M< xE
{V E P]E Sh 2 Ex
E xE MV < E +iMi
ix{j E n J+/{j {
+vi i
<1+<2
B3
B1+B2+
B3+B4
Table DF 12
Composition of Capital- Reconciliation Requirements
Sl.
No.
Particulars
A.
i.
Capital & Liabilities

Paid-up Capital
Reserves & Surplus of which:
Statutory Reserve
Capital Reserve
Revenue & Other Reserves
Investment Reserve Account
Share Premium
Special Reserve
Revaluation Reserve
Balance in Profit & Loss Account
of which: Balance in Profit & Loss Account as per last financial Year
Minority Interest
Total Capital
Deposits
of which: Deposits from Banks
of which: Customer deposits
Borrowings
of which: From RBI
of which: From Banks
of which: From other institutions & agencies
of which: Others (Outside India)
of which: Capital instruments
of which: Subordinated Innovative Perpetual Debt Instruments
of which: Subordinated Debt Upper Tier 2 Capital
of which: Subordinated Debt Tier 2 Capital
of which: Subordinated Debt Tier 2 Basel III Capital
ii.
iii.
iv
B.
i.
ii.
iii.
iv.
v.
vi.
vii.
Other liabilities & provisions

Total
Assets
Cash and balances with Reserve Bank of India
Balance with Banks and money at call and short notice
Investments:
of which: Government securities
of which: Other approved securities
of which: Shares
of which: Debentures & Bonds
of which: Subsidiaries / Joint Ventures / Associates
of which: Others (Commercial Papers, Mutual Funds etc.)
Loans and advances
of which: Loans and advances to Banks
of which: Loans and advances to customers
Fixed assets
Other assets
of which: Goodwill and intangible assets
of which: Deferred tax assets
Goodwill on consolidation
Debit balance in Profit & Loss account
Total Assets
65
Balance sheet as in
Ref.
financial statements
No.
5714
120714
32044
4229
31047
1386
24447
14500
8490
3832
3630
0.00
126428
1934240
10887
1923353
143159
2000
5947
93093
42119
3000
10000
24119
5000
A1
B1
B2
B3
D1
A2
B4
D2
A3
67137
2270964
96602
74734
564788
457020
464
3645
50981
1454
51224
1498768
1498768
14054
22018
0.00
0.00
0.00
0.00
2270964
C1
C2
C3
C4
Step 2
Sl.
No.
A.
i.
ii.
iii.
iv.
i.
ii.
iii.
iv.
v.
vi.
vii.
Particulars
Balance sheet as in
financial statements
Capital & Liabilities

Paid-up Capital
of which: Amount eligible for CET1
of which: Amount eligible for AT1
Reserves & Surplus
of which:
Statutory Reserve
Capital Reserve
Revenue & Other Reserves
Investment Reserve Account
Share Premium
Special Reserve
Revaluation Reserve
of which: Amount eligible for CET1
of which: Amount eligible for Tier 2
of which: Balance in Profit & Loss Account as per last financial Year
Minority Interest
Total Capital
Deposits
of which: Deposits from Banks
of which: Customer deposits
Borrowings
of which: From RBI
of which: From Banks
of which: From other institutions & agencies
of which: Others (Outside India)
of which: Capital instruments
of which: Subordinated Innovative Perpetual Debt Instruments
of which: Subordinated Debt Upper Tier 2 Capital
of which: Subordinated Debt Tier 2 Capital
of which: Subordinated Debt Tier 2 Basel III Capital
Other liabilities & provisions
of which: DTLs related to goodwill
of which: DTLs related to Intangible Assets
of which: DTLs related to Special Reserve
Total
Assets
Cash and balances with Reserve Bank of India
Balance with Banks and money at call and short notice
Investments:
of which: Government securities
of which: Other approved securities
of which: Shares
of which: Debentures & Bonds
of which: Subsidiaries / Joint Ventures / Associates
of which: Others (Commercial Papers, Mutual Funds etc.)
Loans and advances
of which: Loans and advances to Banks
of which: Loans and advances to customers
Fixed assets
Other assets
of which: Goodwill and intangible assets
of which: Deferred tax assets
Goodwill on consolidation
Debit balance in Profit & Loss account
Total Assets
66
5714
5714
120714
32044
4229
31047
1386
24447
14500
8490
0.00
3821
3832
3630
0.00
126428
1934240
10887
1923353
143159
2000
5947
93093
42119
3000
10000
24119
5000
Ref.
No.
E1
F1
F2
F3
H1
E2
F4
H2
F3
G1
G2
G3
G4
67137
4861
2270964
96602
74734
564788
457020
464
3645
50981
1454
51224
1498768
1498768
14054
22018
0.00
0.00
0.00
0.00
2270964
Step 3
Extract of Basel III common disclosure template (with added column) Table DF-11
Common Equity Tier 1 capital: instruments and reserves
Component of
regulatory capital
reported by bank
Directly issued qualifying common share (and equivalent for
Retained earnings
Accumulated other comprehensive income (and other reserves)
Directly issued capital subject to phase out from CET1
non-joint stock companies) capital plus related stock surplus
30161
3832
(only applicable to non- joint stock companies)
81819
-
Common share capital issued by subsidiaries and
Common Equity Tier 1 capital before regulatory adjustments
Prudential valuation adjustments
Goodwill (net of related tax liability)
held by third parties (amount allowed in group CET1)
67
115812
Source based on reference numbers/letters of

the balance sheet under
the regulatory scope of
consolidation from step 2
E1 + E2
F3
F1 + F2 + F3 + F4
h b B 13
xE {V E |J iB
B. <C] {V
<C] {V E |J iB xxx :
h
1VEi
2] {Sx
3Ji E x
xE ={S
4] Vx III x
5{] ] Vx III x
6BE// B BE { {ji
7Ji E |E
8xE {V +Yi (xxi {]M il iE)
9Ji E
10J MEh
11V EB Vx E il
12l nxEi
13 {{Ci il
14{ {I +xnx E +vvx VEi E M
15E{E M il, +EE M il il Sx
16{i M il, n |V
E{x/
17l S /E{x
18E{x n B E< vi <bC
19 ]{ E +ii
20{hi: Evx, +E Evx +x
21]{ +{ E +ii Sx i +x |ix
22+S S
23{ix +{ix
24n {ix, {ix E =i|E
25n {ix, {h +E
26n {ix, {ix n
27n {ix, +x E{E {ix
28n {ix, {ix Ji E |E iB
29n {ix, {ii Ji E VEi iB
30+Ji iB
31n +Ji, +Jx =i|E
32n +Jx, {hi +E
33n +Jx, l +l
34n +l +Jx, +J |i E h
35{{x Mh {nxG li (Ji iiE
` Ji E |E xn] E)
36+x+x{i {ii ]
37n , +x-+x{i ] iB
68
<C]
<n E
ISIN: INE428A01015
i Exx
Ex <C] ] 1
Ex <C] ] 1
BE B
Ex <C]
`5713.78 x
`10 |i
vE E xv
v
l
E< {{Ci x
x
+|V
+|V
Evx bbb
+|V
+|V
{hi: Evx
x
+S
+|V
+|V
+|V
+|V
+|V
+|V
+|V
x
+|V
+|V
+|V
+|V
+|V
x
+|V
. +iH ] 1 {V Ji
+iH ] 1 {V Ji E |J iB xxx :
h
+iH ] 1
(l b
V I)
1
VEi
<n E
2
] {Sx
(+li. B+<{,+<B<Bx xV
INE428A09091
lxx i M {Sx)
3
Ji E x
i v
xE ={S
4
] Vx III x
+iH ] 1
5
{]-] Vx III x
+{j
6
BE// B BE { {ji
BE B
7
Ji E |E
l
8
xE {V +Yi
(x ,xxi {]M il E )
`1050 x
9
Ji E
`1500 x
10 J MEh
ni
11 V EB Vx E il
30 S, 2009
12 l nxEi
l
13 {{Ci il
E< {{Ci x
14 { {I +xnx E +vvx VEi E M
15 E{E M il, +EE M il +
E{E M il : 30 S,
Sx
2019 + =E n |iE M`
il +EE M il :
+|V { Sx
16
{i M il, n |V
E{x /
17 +S S E{x
18 E{x n B +x vi <bC
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
30 S, 2019 E n
|iE M` il
+S
{ M E{ il iE V
il E Mix 9.20% |i
+ n E M E{ E
={M x Ei , 9.20% |i
E E{x n E +iH 50
{<] +li 30 S, 2019 E n
9.70% |i
]{ E +ii
x
{hi: Evx, +E Evx +x
+E Evx
]{ +{ E +ii Sx i +x |ix
+S S
+S
{ix +{ix
+{ix
n {ix, {ix E =i|E
+|V
n {ix, {h +E
+|V
n {ix, {ix n
+|V
n {ix, +x E{E {ix
+|V
n {ix, {ix Ji E |E iB +|V
n {ix, {ii Ji E VEi iB +|V
+Ji iB
x
n +Ji, +Jx =i|E
+|V
n +Jx, {hi +E
+|V
n +Jx, l +l
+|V
n +l +Jx, <]-+{ |h E h +|V
{{x Mh +xG li
bvE E n (B)<C]
xE E n ì + ()
+x @h E n E +vxl
69
+iH ] 1
(l b
V II)
<n E
INE428A09125
i Exx
+iH ] 1
+{j
BE B
l
`1050
`1500
x
x
ni
18 n, 2009
l
E< {{Ci x
E{E M il :
18 n, 2019
+ =E n |iE M`
il +EE M il :
+|V { Sx
18 n, 2019 E n
|iE M` il
+S
{ M E{ il iE V
il E Mix 9.08% |i
+ n E M E{ E
={M x Ei , 9.08% |i
E E{x n E +iH 50
{<] +li 18 n,
2019 E n 9.58% |i
x
+E Evx
+S
+{ix
+|V
+|V
+|V
+|V
+|V
+|V
x
+|V
+|V
+|V
+|V
bvE E n (B) <C]
xE E n
ì + () +x
@h E n E +vxl
. ] 2 {V Ji
B. +{ ] 2 {V Ji
+{ ] 2 {V Ji E |J iB xxx :
h
1.
VEi
2.
] {Sx
(+li. B+<{,+<B<Bx xV
lxx i M {Sx)
3.
Ji E x
xE ={S
4.
] Vx III x
5.
{]-] Vx III x
6.
BE// B BE { {ji
7.
Ji E |E
8.
xE {V +Yi (x ,xxi
{]M il E)
9.
Ji E
10. J MEh
11.
V EB Vx E il
12. l nxEi
13. {{Ci il
14. { {I +xnx E +vvx VEi E M
15. E{E M il, +EE M il + Sx
V II
<n E
INE428A09075
INE428A09117
i Exx
i Exx
] 2
+{j
BE B
+{ ] 2
] 2
+{j
BE B
+{ ] 2
`5000
`5000
`5000
`5000
x
x
ni
19 S, 2009
nxEi
19 S, 2024
E{E M il : 19 S, 2019
+EE M il : +|V
Sx {
{i M il, n |V
E{x /
17. +S S E{x
18. E{x n B +x vi <bC
|iE M` il {
16.
19.
20.
21.
22.
23.
24.
25.
V I
<n E
+S
{ M E{ il iE V
il E Mix 9.28%
|i + n E M
E{ E ={M x Ei ,
9.28% |i E E{x n E
+iH 50 {<] +li
19 S, 2019 E n 9.78%
|i
]{ E +ii
{hi: Evx, +E Evx +x
]{ +{ E +ii Sx i +x |ix
+-S S
{ix +-{ix
n {ix, {ix E =i|E
n {ix, {h +E
x
+E Evx
+-S
+-{ix
+|V
+|V
70
x
x
ni
18 n, 2009
nxEi
18 n, 2024
E{E M il : 18
n, 2019
+EE M il :
+|V
Sx {
|iE M` il {
+S
iE V il E
Mix 8.58% |i
+ n E M E{
E ={Mx Ei ,
8.58% |i E E{x
n E +iH 50
{<] +li 18
n, 2019 E n
9.08% |i
x
+E Evx
+-S
+-{ix
+|V
+|V
h
26. n {ix, {ix n
27. n {ix, +x E{E {ix
28. n {ix, {ix Ji E |E iB
29. n {ix, {ii Ji E VEi iB
30. +Ji iB
31. n +Ji, +Jx =i|E
32. n +Jx, {hi +E
33. n +Jx, l +l
34. n +l +Jx, <] +{ |h E h
35. {{x Mh G li (Ji iiE
` Ji iB)
36. +x-+x{i {ii ]

37. n , +x-+x{i ] iB
71
V I
+|V
+|V
+|V
+|V
x
+|V
+|V
+|V
+|V
V II
+|V
+|V
+|V
+|V
x
+|V
+|V
+|V
+|V
<x b xE E n
(E) ]* {V ]
Ex i {j Ji
x E n ` M
+ (J) + +x
xn E n Mh
M
<x b xE E n
(E) ]* {V ]
Ex i {j Ji
x E n ` M
+ (J) + +x
xn E n Mh
M
]{ +{, E<
x +h x
]{ +{, E<
III x +h
x
III
72
22
23
21.
19.
20.
]{ E +ii
{hi Evx, +i:
Evx +l +x
Sx i ]{ +{
+x |ix E +ii
M-S S
{ix M {ix
VEi
xE +<b] (=nhl
B+<{, +<B+<Bx +l |<]
{] i M +<b])
3.
Ji E Exx.
xE ={S
4
]V x *** x
5
{] ]Vx *** x
6
/O{/O{ B {j
7
Ji E |E
8
xE {V +Yi
( E {]M il E
x )
9
Ji E
10
J MEh
11
V Ex E il
12
i +l nxEi
13
{{Ci im
14
{ {I +xnx E
+vvx VEi E E
15
+{x E il, +EE
E il + Sx
16
{i E n n |V
E{x/
17.
l }]M /E{x
18.
E{x ] + vi SEE
G
.
1.
2.
. Mh b, + ] 2
Mh b J iB xxJi :
1123.80 x
5619 x
ni
29 i 2006
nxEi
29 i 2016
x
x
+|V
l
8.85% |..
E { n
x
+i: Evx
x
x
+|V
l
8.00% |..
+v E { n
x
+i: Evx
M-S
M {ix
M-S
M {ix
`
`
`
`
x
5000 x
ni
13 S 2006
nxEi
13 S 2016
`
] 2
+{j
B O{
] 2 Ji
] 2
+{j
B O{
] 2 Ji
VIII
x
+|V
2400 x
4000 x
ni
26 S 2009
nxEi
26 S 2019
`
`
] 2
+{j
B O{
] 2 Ji
i Exx
<n E
M-S
M {ix
+i: Evx
M-S
M {ix
+i: Evx
l
l
10.00% |.. E 9.23% |..
{ n
E { n
x
x
x
+|V
2000 x
5000 x
ni
25 i 2007
nxEi
25 i 2017
i Exx
] 2
+{j
B O{
] 2 Ji
VII
<n E
i Exx
VI
i Exx
J
<n E
<n E
J
IX
M-S
M {ix
+i: Evx
l
8.45% |.
E { n
x
x
+|V
x
x
ni
4 +Mi 2009
nxEi
4 +Mi 2019
`3600
`4500
] 2
+{j
B O{
] 2 Ji
i Exx
<n E
73
36
37
35
30
31
32
33
34
29
28
G
.
24
25
26
27
+|V
+|V
+|V
x
+|V
+|V
+|V
+|V
<x b xE
E n (E) ]
1 {V ]
Ex i {jJi
x E n
` M + (J)
+ +x
xn E n
Mh M
*** x
+i x
+|V
+|V
+|V
x
+|V
+|V
+|V
+|V
<x b xE
E n (E) ] 1
{V ]
Ex i {jJi
x E n
` M + (J)
+ +x
xn E n
Mh M
*** x
+i x
M +x{x ]Vb iB
n , M +x{i iB
+|V
+|V
+|V
VI
+|V
+|V
+|V
n {ix , ExVx ]M
n {ix , {hi +i:
n {ix , ExVx n
n {ix , +x
+l E{E ExVx
n {ix , {ix EB
Vx Ji E |E xn] E
n {ix
Ex] EB Vx i Ji E
VEi E xn] E
+Jx iB
n +Jx, +Jx ]M
n +Jx, {hi: +i:
n +Jx, l +l
n +l +Jx
<] +{ ij E h
{{x bxx +xG E li
(Ji iiE =SSi Ji E |E xn] E)
h
VII
+|V
<x b xE
E n (E) ]
1 {V ]
Ex i {jJi
x E n
` M + (J)
+ +x
xn E n
Mh M
*** x
+i x
+|V
x
+|V
+|V
+|V
+|V
+|V
+|V
+|V
+|V
J
VIII
+|V
<x b xE
E n (E) ]
1 {V ]
Ex i {jJi
x E n
` M + (J)
+ +x
xn E n
Mh M
*** x
+i x
+|V
x
+|V
+|V
+|V
+|V
+|V
+|V
+|V
+|V
J
IX
+|V
<x b xE
E n (E) ]
1 {V ]
Ex i {jJi
x E n
` M + (J)
+ +x
xn E n
Mh M
*** x
+i x
+|V
x
+|V
+|V
+|V
+|V
+|V
+|V
+|V
+|V
M. *** +x{i ] 2 b
*** +x{i, ] 2 b E J iB xxJi
G . h
1. VEi
2. xE +<b] (=nhl
B+<{, +<B+<Bx
+l |<] {] i M
+<b])
3. Ji E Exx.
xE ={S
4
]V x *** x
5
{] ]V x *** x
6
/O{/O{ B {j
7
Ji E |E
8
xE {V +Yi ( E {]M il E x
9
Ji E
10 J MEh
11 V Ex E il
12 i +l nxEi
13 {{Ci il
14 { {I +xnx E +vvx VEi E E
15 +{x E il, +EE E il + Sx
16 {i E n n |V
E{x/
17. l }]M /E{x
18. E{x ] + vi SEE
19.
20.
21.
22
23
24
25
26
27
28
29
30
31
]{ E +ii
{hi Evx, +i: Evx +l +x
Sx i ]{ +{ +x |ix E +ii
M-S S
{ix M {ix
n {ix , ExVx ]M
n {ix , {hi +i:
n {ix , ExVx n
n {ix , +x +l E{E ExVx
n {ix , {ix EB Vx Ji E |E xn] E
n {ix , Ex] EB Vx i Ji E VEi E xn] E
+Jx iB
n +Jx, +Jx ]M
74
iB
<n E
+<Bx< 428B08028
i Exx
] 2
] 2
B O{
] 2 Ji
`5000 x
`5000 x
ni
20 Vx 2015
nxEi
20 Vx 2025
+|V
+|V
+|V
l
8.78% |.. b E {{Ci iE
E { n
x
+i: Evx
x
M- S
M- {ix
+|V
+|V
+|V
+|V
+|V
+|V
b E +{x { {<] + xx
] ]M xE <] E P]i x {
l { +{Ji Ei * {+Bx
]M <] xxJi { M :
E) xh E l +{Jx, VE x
E + VBM, +x , V E
u xvi E M ; +
J) {V E VxE Ij +i:I{h +l
i i E xh VE x E
+ x VBM V E vi |vE
u xvi E M * B xh
+{ { +ixi M E ]M <] E
{h{ + +{Jx VxE Ij {V
+i:I{h { P]i + V VxE
Ij E |nx E M< {V b<] x *
G . h
32 n +Jx, {hi: +i:
iB
{hi:
33
n +Jx, l +l
34
35
n +l +Jx, <] +{ ij E h
{{x bxx +xG
E li (Ji iiE =SSi Ji E |E xn] E)
+|V
36
M +x{x ] Vb iB
b vE E n (E) ] 1 {V ] Ex
i {j Ji xE E n ` M
+ (J) + E E +x VEi+ +
xn E n Mh M + (M) E +l
vi l +l +x l V Exx +l
+lE { E E xn E n E ì
E gi , E M] u x i |ii M +
x E M * SEi (E{x +l vx)
+xS gx E bvE E E< +vE x
M , n{x + {{x *
37
n , M +x{i iB
+|V
75
Table DF 13
Main Features of Regulatory Capital
A.Equity Capital
The main features of Equity capital are as follows:
S.No.
Particulars
Equity
Issuer
Allahabad Bank
2
3
Unique identifier
Governing law(s) of the instrument
ISIN: INE428A01015
Indian Laws
Regulatory treatment
4
5
6
Transitional Basel III rules

Post-transitional Basel III rules
Eligible at solo/group/ group & solo

Solo & Group
Instrument type
Common Equity
Amount recognized in regulatory capital (as of most recent reporting date)
`5713.78 million
Par value of instrument
`10 per share
10
Accounting classification
Shareholders Fund
11
Original date of issuance
Various
12
Perpetual or dated
Perpetual
13
Original maturity date
No Maturity
14
Issuer call subject to prior supervisory approval
No
15
Optional call date, contingent call dates and redemption amount
NA
16
Subsequent call dates, if applicable
NA
Coupons / dividends
17
18
Fixed or floating dividend/coupon

Coupon rate and any related index
Discretionary Dividend
NA
19
Existence of a dividend stopper
No
20
Fully discretionary, partially discretionary or mandatory
Fully Discretionary
21
Existence of step up or other incentive to redeem
No
22
Non-cumulative or cumulative
Non-Cumulative
23
Convertible or non-convertible
NA
24
If convertible, conversion trigger(s)
NA
25
If convertible, fully or partially
NA
26
If convertible, conversion rate
NA
27
If convertible, mandatory or optional conversion
NA
28
If convertible, specify instrument type convertible into
NA
29
If convertible, specify issuer of instrument it converts into
NA
30
Write-down feature
No
31
If write-down, write-down trigger(s)
NA
32
If write-down, full or partial
NA
33
If write-down, permanent or temporary
NA
34
If temporary write-down, description of write-up mechanism
NA
35
Position in subordination hierarchy in liquidation (specify instrument type immediately

senior to instrument)
NA
36
Non-compliant transitioned features
No
37
If yes, specify non-compliant features
NA
76
B.
Additional Tier 1 capital instruments
S. No. Particulars
Additional Tier 1
(Perpetual Bond Series I)
Additional Tier 1
(Perpetual Bond Series II)
1
2
Allahabad Bank
Allahabad Bank
INE428A09091
Indian Laws
INE428A09125
Indian Laws
Additional Tier 1
Ineligible
Solo & Group
Perpetual
Additional Tier 1
Ineligible
Solo & Group
Perpetual
`1050 million
`1500 million
Liability
30th March, 2009
Perpetual
No Maturity
Yes
Optional call date: 30th March
2019 and thereafter on each
anniversary date Contingent
Call Dates: NA Redemption at par
On each anniversary date after
`1050 million
`1500 million
Liability
18th December, 2009
Perpetual
No Maturity
Yes
Optional Call Date: 18th
December 2019 and thereafter
on each anniversary date
Contingent call dates: NA
Redemption At Par
On each anniversary date
30th March 2019
after 18th December 2019
Fixed
9.20% p.a. payable annually
from issue date till the first call
option date and if the Bank does
not exercise the call option,
50 bps over and above coupon
rate of 9.20% i.e. 9.70 % p.a.
after 30th March, 2019
Fixed
9.08% p.a., payable annually
from issue date till first call
option date and if the Bank does
not exercise the call option,
50 bps over and above coupon
rate of 9.08% i.e. 9.58% p.a.
after 18th December, 2019
Issuer
Unique identifier (e.g. CUSIP, ISIN
or Bloomberg identifier for private placement)
4
5
6
7
Instrument type
8
Amount recognized in regulatory capital
(ìn million, as of most recent reporting date)
9
10
11
12
Perpetual or dated
13
14
15
Optional call date, contingent call dates and
redemption amount
16
Coupons / dividends
17
Fixed or floating dividend/coupon
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35

No
Fully discretionary, partially discretionary or
mandatory
Partially discretionary
Yes
Noncumulative or cumulative
Non-cumulative
Non-Convertible
NA
NA
NA
NA
If convertible, specify instrument type convertible intoNA
Write-down feature
No
NA
NA
NA
If temporary write-down, description of write-up
mechanism
NA
Position in subordination hierarchy in liquidation
The claims of the Bondholders
shall be (a) superior to the
claims of investors in equity
shares and (b) subordinated to
the claims of all other creditors
77
No
Yes
Non-cumulative
Non-Convertible
NA
NA
NA
NA
NA
NA
No
NA
NA
NA
NA
The claims of the Bondholders
shall be (a) superior to the
claims of investors in equity
shares and (b) subordinated to
the claims of all other creditors
C.
Tier 2 Capital Instruments
a.
Upper Tier 2 capital Instruments
The main features of Upper Tier II Capital Instruments are as follows:

S. No. Particulars
Series I
Series II
1.
Issuer
Allahabad Bank
Allahabad Bank
2.
Unique identifier (e.g. CUSIP, ISIN

placement)
INE428A09075
INE428A09117
Indian Laws
Indian Laws
or Bloomberg identifier for private

3.
4.
Tier 2
Tier 2
5.
Ineligible
Ineligible
6.
Solo & Group
Solo & Group
7.
Instrument type
Upper Tier 2
Upper Tier 2
8.
9.
10.
Liability
Liability
11.
19th March 2009
18th December 2009
12.
Perpetual or dated
Dated
Dated
(ìn million, as of most recent reporting date) `5000 million
`5000 million
`5000 million
`5000 million
13.
14.
Issuer call subject to prior
15.
Optional call date, contingent call
supervisory approval
dates and redemption amount
th
19 March 2024
18th December 2024
Yes
Yes
Optional Call Date: 19th March 2019 Optional Call Date :

Contingent call dates:
18th December 2019
NA Redemption At Par
Contingent call dates:
NA Redemption At Par
16.
Coupons / dividends
17.
Fixed or floating dividend / coupon
Fixed
Fixed
18.
9.28% p.a. payable annually from
issue date till the first call option

date and if the call option is not
from issue date till the first call

option date and if the call option
exercised by the Bank then 50 bps
is not exercised by the Bank
over and above coupon rate of
then 50 bps over and above
9.28% i.e. 9.78% p.a. payable
coupon rate of 8.58% i.e.
annually after 19th March 2019

after 18th December 2019
No
No
19.
20.
Fully discretionary, partially discretionary or Partially discretionary
mandatory
21.
Existence of step up or other

incentive to redeem
Yes
Yes
22.
Non-Cumulative
Non-Cumulative
23.
Non-Convertible
Non-Convertible
24.
NA
NA
25.
NA
NA
78
S. No. Particulars
Series I
Series II
26.
NA
NA
NA
NA
NA
NA
NA
NA
27.
If convertible, mandatory or optional
28.
If convertible, specify instrument type
conversion
convertible into
29.
If convertible, specify issuer of instrument

it converts into
30.
Write-down feature
No
No
31.
NA
NA
32.
NA
NA
33.
NA
NA
34.
If temporary write-down, description of

write-up mechanism
NA
NA
Position in subordination hierarchy in
The claims of the investors in these The claims of the investors in
liquidation (specify instrument type
Bonds shall be (a) superior to the
these Bonds shall be (a) superior
immediately senior to instrument)
claims of investors in instruments
to the claims of investors in
35.
eligible for inclusion in Tier 1 capital; instruments eligible for inclusion

and (b) subordinate to the claims of in Tier 1 capital; and (b)
all other creditors.
subordinate to the claims of all

other creditors.
36.
Yes
Yes
37.
Step up; No Basel III Loss

Absorbency
Step up; No Basel III

Loss Absorbency
79
80
Unique identifier (e.g. CUSIP, ISIN or Bloomberg identifier for
2.
Governing law (s) of the instrument
Instrument type
Amount recognised in regulatory capital (` in million, as of most
6.
7.
8.
16.
No
Fully discretionary, partially discretionary or mandatory Partially discretionary
21.
22.
Non-Cumulative
Yes
No
Non-Cumulative
Yes
No
annually
annually
20.
payable
payable semi-
Fixed
NA
8.85% p.a.
19.
No
No
8.00% p.a.
18.
Fixed
NA
No
29 September 2016
th
th
13 march 2016
Dated
Dated
29th September 2006
13th march 2006
` 5619 million
Liability
`5000 million
Liability
`1123.80 million
Tier 2 Instruments
Solo & Group
Ineligible
Tier 2
Indian Laws
INE428A09059
Allahabad Bank
Series VI
Nil
Tier 2 Instruments
Solo & Group
Ineligible
Tier 2
Indian Laws
INE428A09042
Allahabad Bank
Series V
17.
Coupons/dividends
13.
Perpetual or dated
12.
15.
11.
14.
10.
9.
5.
recent reporting date)
4.
3.
Issuer
1.
private placement)
Particulars
Sl.
No.
The main features of Subordinate Bonds are as follows:
b. Subordinated Bonds, Lower Tier 2
Non-Cumulative
Yes
No
annually
payable
10.00% p.a.
Fixed
NA
No
No
25 September 2017
th
Dated
25th September 2007
Liability
`5000 million
`2000 million
Tier 2 Instruments
Solo & Group
Ineligible
Tier 2
Indian Laws
INE428A09067
Allahabad Bank
Series VII
Non-Cumulative
Yes
No
annually
payable
9.23% p.a.
Fixed
NA
No
No
26 March 2019
th
Dated
26th March 2009
Liability
`4000 million
`2400 million
Tier 2 Instruments
Solo & Group
Ineligible
Tier 2
Indian Laws
INE428A09083
Allahabad Bank
Series VIII
Non-Cumulative
Yes
No
annually
payable
8.45% p.a.
Fixed
NA
No
No
4th August 2019
Dated
4th August 2009
Liability
`4500 million
` 3600 million
Tier 2 Instruments
Solo & Group
Ineligible
Tier 2
Indian Laws
INE428A09109
Allahabad Bank
Series IX
81

36.
37.
Yes
No Basel III
Loss Absorbency
The claims of the

investors in these
Bonds shall be
(a) Superior to
the claims of
investors in
instruments
eligible for
inclusion in Tier 1
Capital; and (b)
subordinate to the
claims of all other
creditors.
NA
NA
NA
NA
NO
NA
NA
NA
NA
NA

Write-down feature
If temporary write-down, description of write-up
instrument)
(specify instrument type immediately senior to
instrument)
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
35.
Series V
Non-Convertible
NA
S.
No. Particulars
23. Convertible or non-convertible
24. If convertible, conversion trigger(s)
Yes
No Basel III
Loss Absabency
The claims of the

investors in these
Bonds shall be
(a) Superior to
the claims of
investors in
instruments
eligible for
inclusion in Tier 1
Capital; and (b)
subordinate to the
claims of all other
creditors.
NA
NA
NA
NA
NO
NA
NA
NA
NA
NA
Series VI
Non-Convertible
NA
Yes
No Basel III
Loss Absabency
The claims of the

investors in these
Bonds shall be
(a) Superior to
the claims of
investors in
instruments
eligible for
inclusion in Tier 1
Capital; and (b)
subordinate to the
claims of all other
creditors.
NA
NA
NA
NA
NO
NA
NA
NA
NA
NA
Series VII
Non-Convertible
NA
Yes
No Basel III
Loss Absabency
The claims of the

investors in these
Bonds shall be
(a) Superior to
the claims of
investors in
instruments
eligible for
inclusion in Tier 1
Capital; and (b)
subordinate to the
claims of all other
creditors.
NA
NA
NA
NA
NO
NA
NA
NA
NA
NA
Series VIII
Non-Convertible
NA
Yes
No Basel III
Loss Absabency
The claims of the

investors in these
Bonds shall be
(a) Superior to
the claims of
investors in
instruments
eligible for
inclusion in Tier 1
Capital; and (b)
subordinate to the
claims of all other
creditors.
NA
NA
NA
NA
NO
NA
NA
NA
NA
NA
Series IX
Non-Convertible
NA
C.
Basel III Compliant Tier 2 Bonds
The main features of Basel III Compliant Tier 2 Bonds are as follows:
S. No. Particulars
Features
1.
2.
Allahabad Bank
Issuer
Unique identifier (e.g. CUSIP, ISIN or Bloomberg identifier for
private placement)
3.
4.
5.
6.
7.
Instrument type
8.
(` in million, as of most recent reporting date)
9.
10.
11.
12.
Perpetual or dated
13.
14.
15.
16.
Coupons / dividends
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.

Fully discretionary, partially discretionary or mandatory
Write-down feature
82
INE428A08028
Indian Laws
Tier 2
Tier 2
Solo & Group
Subordinate Tier 2
`5000 million
`5000 million
Liability
20th January 2015
Dated
20th January 2025
NA
NA
NA
Fixed
till maturity of Bonds
No
NO
Non-Cumulative
Non-Convertible
NA
NA
NA
NA
NA
NA
YES
The Bonds may, at the option of the RBI, be
permanently written off upon occurrence
of the trigger event called the Point of Non
Viability Trigger. The PONV Trigger event
shall be the earlier of:
a) a decision that the permanent write off,
without which the Bank would become nonviable, is necessary, as determined by the
RBI; and
b) the decision to make a public sector
injection of capital, or equivalent support,
without which the Bank would have become
non-viable, as determined by the relevant
authority. Such a decision would invariably
imply that the write-off consequent upon the
trigger event must occur prior to any public
sector injection of capital so that the capital
provided by the public sector is not diluted.
S. No. Particulars
Features
32.
33.
34.
35.

If temporary write-down, description of write-up mechanism
(specify instrument type immediately senior to instrument)
Full
Permanent
NA
The claims of the Bondholders shall be
(a) senior to the claims of investors in
instruments eligible for inclusion in Tier 1
capital of the Bank; (b) subordinate to the
claims of all depositors and general
creditors of the Bank; and (c) neither
secured nor covered by a guarantee of the
Bank or related entity or other
arrangement that legally or economically
enhances the seniority of the claim vis-vis creditors of the Bank. The Bondholders
shall have no rights to accelerate the
repayment of future scheduled payments
(coupon or principal) except in bankruptcy
and liquidation.
36.
37.

NO
NA
h bB 14
xE {V Ji E {h i
xE {V Ji E {h xvx B i +li +iH ] 1 {V + ] 2 {V E
ii h +M Mx E M *
Table DF 14
Full Terms and Conditions of Regulatory

Capital Instruments
The Detailed Terms and Conditions of Regulatory Capital Instruments viz., Additional Tier 1
Capital and Tier 2 Capital is annexed separately.
83
E{] Mxx { {]
REPORT ON CORPORATE GOVERNANCE
1. E{] Mxx E nx
<n E E E{] xi, E{] Mxx E og rxi
{ +vi VE =q +l-l E Vi, ]
|lEi+ il E{] E E Vn i vE
E E +ivE i ni B +{x ivE E i E
I Ex* E +{x |E ii =iE]i Ex E B
=SS xiE , {ni il +xi o]Eh
Ji * E J{x il { {]i E l k +i]
|Si xnb E +x{x E B |ir V E E
OE, vE + +x ivE E E {{
M * E xxJi E v E{] =iE]i
Ex Si *
n E Exx fS il xiE E ri E +vx
vi xB Jx il < gx*
+{x OE E k |nx Ex*
+{x OE il ES, xE + V E +x
iE E B BE J B l {li i
Ex*
V E M E B x{I B x x xSi
Ex E B +iG |vx xSi Ex*
1.
2. xnE b
2.
2.1 xnE b E M`x EM x +vx 1949, EM

E{x (={G E +Vx B +ih) +vx 1970 il
]Ei E (|vx B |Eh |vx) Vx 1970 u
i i * xnEMh b E x{hi E vi il
ii +x |nx Ei V E E nI B x{I
xn |{i i *
2.1 The constitution of Board of Directors is governed by the

provisions of the Banking Regulation Act, 1949, Banking
Companies (Acquisition and Transfer of Undertakings)
Act, 1970 and Nationalized Banks (Management and
Miscellaneous Provisions) Scheme, 1970. The Directors
bring in wide range of expertise and experience to the
Board, facilitating proficient and unbiased direction to the
Bank.
+vI B |v xnE il n E{E xnE i

E u xH {hEE xnE * +x xnE
xxJi :
The Chairman and Managing Director and two Executive

Directors are the whole time Directors appointed by the
Government of India. The other Directors include the
following:-
Corporate Governance Philosophy
Allahabad Banks corporate policy envisages sound principles

of Corporate Governance aimed at protecting the interests of
all its stakeholders, giving utmost importance to shareholders
value while catering to the needs of the economy, national
priorities and corporate growth. The Bank believes in highest
standard of ethical values, transparency and disciplined
approach to achieve sustainable excellence in its functioning.
It is committed to comply with the best international practices
coupled with continued openness and fairness and thereby
enjoying A Tradition of Trust from its customers, shareholders
and all other stakeholders. The Bank seeks to proclaim
corporate excellence by :-
Upholding and enhancing the shareholders value

within the principles of ethics and legal framework of
the country.
Extending best of services to its customers.
Proclaiming a free and fair environment for its

customers, employees, investors and other sections
of society at large.
Ensuring a proactive management free from bias,

ensuring fair and equitable justice to all sections of
society.
(B) xxJi |iE E BE |ixv

i)
i E
ii) EM ES
iii) +vE ES (ix {n H )
() hVE E E xx +l {Ih E E
v +E Yi + +x Jx BE
xnE E i V E E ii { Exp E
u xi E Vi *
() ix ij vE xnE
Board of Directors
a) A representative each of:

i)
Government of India (GOI),
ii)
Workmen Employees,
iii) Officer Employees (Post presently lying vacant).

b) One director possessing necessary expertise and
experience in the matter relating to regulation or
supervision of commercial bank, to be nominated by
the Central Govt. on the recommendation of RBI.
c) Three Independent Shareholders' Directors.
(b) i E u xH xn JE xnE
d) One Chartered Accountant Director appointed by

Government of India .
(<)
e) Three part-time Non-Official Directors (Two posts

presently lying vacant).
ix +EE M-E xnE(ix , n {n

H )
84
2.2. b E i
b x xxx z i E M`x E V E E EU
i{h EiE Ij B E xpi Mxx |nx Ei
B E E Si nxn ni , EM x]M
+ xjh Ei -:
b E |vx i (B+b)
b E J{I i (B)
VJ |vx i (+B)
xnE E {nz i i (b{)
vE/xE E Ei i
(BBS+<V)
Sx |tME i (+<] i)
vJvc xMx i (BB)
OE i (B)
{v i ({.)
xEx i (x. )
xM B +]x i (B+<B)
@h +xnx i(B)
i (+)
xSx i (<)
b E BS+ i(BS+ i)
2.3 b E ni xi E xvh, x< {, Ex{nx
I il xjh B E E z EvE E |iVi
+vE E {cx E Ei *
b x z i E M`x E il z EiE
Ij +vE E |iVx E *
2.4 b il =E i +vE +i { ` E Ei
+ E E <E =q E E{h B EM fM |{i
Ex i Mnx ni V xiE {{] + E
|vx E v Ex{nx E =SS xE xSi E
V E*
2.5 31.03.2015 E lli xnE b E M`x xxi l:
1.
2.
2.2 Committees of Board

The Board has constituted various committees as mentioned
hereunder for specific and focused approach towards
governance of some of the important functional areas of the
Bank, for providing proper direction, effective monitoring and
controlling the affairs of the Bank : Management Committee of the Board (MCBOD)
Audit Committee of the Board (ACB)
Risk Management Committee (RMC)
Directors' Promotion Committee (DPC)
Shareholders'/ Investors' Grievances Committee (SHIGC)
Information Technology Committee (IT Com.)
Fraud Monitoring Committee (FMC)
Customer Service Committee (CSC)
Remuneration Committee (Remu. Com.)
Nomination Committee ( Nom. Com.)
Share Issue and Allotment Committee (SIAC)
Credit Approval Committee (CAC)
Recovery Committee (RCB)
Election Committee (ECB)
HR Committee of the Board (HR Comm.)
2.3 The responsibilities of the Board include formulation of
policies, new initiatives, performance review and control
and sanction of cases falling beyond the powers delegated
to various functionaries of the Bank. The Board has
constituted various committees and delegated powers for
different functional areas.
2.4 The Board and its committees meet at frequent intervals
and guide the Bank to achieve its objectives in a prudent
and efficient manner and to ensure high standards of
performance through ethical practices and professional
management.
2.5 The composition of the Board of Directors as on
31.03.2015 was as under:
{nx
xH/xEx
E il
E E b i
i E ni
+x b B
i E ni
Name
Designation
Date of
Appointment/
Nomination
Membership of
Bank's Board
Level
Committees
Membership
of other Board
and
Committees
E `
+vI B |v xnE
Shri Rakesh Sethi
V. E. J
E{E xnE
Shri J. K. Singh Kharb Executive Director

3.
4.
Bx. E.
E{E xnE
Shri N. K. Sahoo
Executive Director
b. E Cx
E u xi xnE
Dr. Shashank Saksena Government Nominee Director

5.
6.
7.
8.
9.
B. =nMi
No. of
Shares
held
12.03.2014
11
03
Nil
23.01.2014
11
02
Nil
12.03.2015
11
----
Nil
15.11.2011
08
02
Nil
13.10.2011
04
---
Nil
18.12.2013
03
---
Nil
29.08.2013
06
----
Nil
29.08.2013
03
---
Nil
04.03.2015
----
01
500
04.03.2015
01
06
100
04.03.2015
01
03
100
..E u xi xnE
Shri A. Udgata
V E
xn JE xi xnE
Shri Sanjeev
Kumar Sharma
Chartered Accountant
Nominee Director
+V C
+EE M-E xnE
Shri Ajay Shukla
<. {.
EM ES xnE
Shri Y. P. Singh
b. V E
vE xnE
Dr. Bijaya Kumar

Sahoo
10. l
Shri Sarath Sura
11. {x E UE
Shri Parveen
Kumar Chhokra
vi E
J
vE xnE
vE xnE
85
x] :
2.6
Note:
(i)
b E E< xnE 10 +vE J{I i/

vE/xE Ei i/ivE v i
E n x +l =x i E{x , VxE
xnE , 5 +vE J{I i/vE/
xE Ei i/ivE v i E +vI
E { E x Ei *
(i) None of the directors on the Board is member in

more than 10 Audit Committee/ Shareholders/
Investors Grievance Committee/Stakeholders
Relationship Committee or act as Chairman of more
than 5 Audit Committee/Shareholders/Investors
Grievance Committee/ Stakeholders Relationship
Committee across all companies in which he is a
director.
(ii)
E< xnE BE n E in x *
(ii) None of the Directors is relative of each other.
k 2014-15 E E xnE b xH/xSi/

xEi B E Oh Ex xnE E h xS
n M *
2.6.1
2.6
Bx. E. , E{E xnE
The profile of the directors who were appointed/elected/

nominated on the Board of the Bank and assumed office
during the financial year 2014-15 are furnished
hereunder:
2.6.1 Shri N. K. Sahoo, Executive Director
Bx. E. x nxE 12 S, 2015 E E E E{E

xnE E E Oh E* <n E EOh Ex
{ |vE E { Ex E E nx J E
J |J l* 1983 Ex E E +vE E {
EM =tM +B + =xx z i l Ex E
E J+, b E + xjE E EM E
|J Ij E E* +{x nP =iE] EM E
|vE E i x + {h E E |J
* B (E) E l B+<+< E {`
x +xE |iì |Ih EG M , V M Bbb
xV] |O, P<; E{E E EG, VBx+<b,
nn; B+< |Ih EG, +<+<B, M, +<B
nn +n*
2.6.2
b. V E , vE xnE
b. V E x 04.03.2015 E E vE xnE
E { E Oh E* b. xn JE, Mi
JEx, + BB (<x) * <E +iH =xE { B.B..
E bO + =xx I {BSb E * x E x
b. < <]xx EV + E Bb <ExC, BB+<
<]xx E E l{E +vI + <+Mx, { E +
b E ] E l{E * VBB }] {E B
VBB +<] x . E l{E +vI *
Shri N. K. Sahoo joined the Bank on 12th March, 2015 as

Executive Director of the Bank. Before joining Allahabad Bank,
Shri Sahoo as a General Manager was Branch head of the
London Branch of Canara Bank. Shri Sahoo, joined banking
industry as Agriculture Officer in 1983 in Canara Bank and
worked in almost all key segments of banking in various
capacities viz. at Branches, Zonal Office and Controlling Office
of Canara Bank. In his long and brilliant banking career, Shri
Sahoo in the capacity of General Manager was also the Circle
Head of Bhubaneswar and Pune. A CAIIB with B.Sc (Agril)
background, Shri Sahoo has undergone many prestigious
training programs like Global Advanced Management Program
at Shanghai, Executive Development Program at JNIDB,
Hyderabad, SBI Training Program, IIM Bangalore, ISB,
Hyderabad etc.
2.6.3 l , vE xnE
l x 04.03.2015 E E vE xnE E {
E Oh E* =t +<+<] Ex{ B]E
+ =xx ], {x .<. (+x) { E * =x
E i k =tM l|V Sx |tME E
Yx * B]]E E l{E + Bb V BE
+Oh B J +<] E{x VE i +
Sx i E {Sx * O E{ Bb]E |. . E |J
vE + +vI *
2.6.3
2.6.4
2.6.2
Dr. Bijaya Kumar Sahoo, Shareholders Director
Dr. Bijaya Kumar Sahoo joined the Bank as Shareholders

Director with effect from 04.03.2015. Dr. Sahoo is a Chartered
Accountant, Cost Accountant and MBA (Finance). Besides,
he also holds L.L.B. degree and has done Ph. D. in Education.
Resident of Bhubaneswar, Dr. Sahoo is Founder Chairman of
SAI International College of Commerce and Economics, SAI
International School and Founder of SAIANGAN, a Play School
and Day Care centre. He is also Founder Chairman of JSS
Software Technology Park and JSS IT Solutions Ltd.
Shri Sarath Sura, Shareholders Director
Shri Sarath Sura joined the Bank as Shareholders Director

with effect from 04.03.2015. An entrepreneur, Shri Sura is
M.Tech from IIT, Kanpur and completed his B. E. (Hon.) from
BITS, Pilani. He has special knowledge of Information
Technology as applied to Financial Industry including Banks.
He is Co-Founder and MD of Sierra Atlantic, a leading US HQ
IT service company with global operations including India and
China and Principal shareholder and Chairman of Grey
Campus Edutech Pvt. Ltd.
2.6.4 Shri Parveen Kumar Chhokra, Shareholders Director
{x E UE , vE xnE
{x E UE x 04.03.2015 E E vE xnE
E { E Oh E* Yx xiE UE VB+<+<
+ B.B.. bO vE * UE E EM {i E
Shri Parveen Kumar Chhokra joined the Bank as Shareholders

Director with effect from 04.03.2015. Shri Chhokra is a science
graduate, JAIIB and holds L.L.B Degree. Shri Chhokra has
86
+x + 31.03.2013 E +{x +vi iE ix

+vE iE |vE E {n { {V xx E E ]V
bVx E |J * H =t xnE ={i E
VE l + {Bx ]< <b < E. 30% ]E
|{i Ex, i Ex, + < +i { nx |J H l*
thirty five years of Banking experience and headed Treasury

division of Punjab National Bank (PNB) in the rank of General
Manager for more than 3 years till superannuation on
31.03.2013. He was Convener Directors Sub-committee on
JVs and was Key person from PNB side for negotiating,
finalizing and securing 30% stake in PNB Metlife India
Insurance Co.
3. 2014-15 E nx +Vi b / i E ` E E
h
3.1 È ix B {U xnE E ={li E h*
3. Details of the Board/Committee meeting held during

financial year 2014-15
G. xnE E x
.
B B +B b{ BBS+< +<]
V
.
Sl.
No. Name of Director
BOARD MCB ACB RMC
1 E `
Shri Rakesh Sethi
13 16 - 06
2 ]. +. S *
Shri T.R. Chawla *
01 01 - 3 V.E. J
Shri J.K. Singh Kharb
13 16 07 06
4 Bx.E.
Shri N K Sahoo
- 01 - 5 b. E Cx
Dr Shashank Saksena
09 - 04 6 B. =nMi
Shri A. Udgata
12 15 07 7 V E
Shri Sanjeev Kumar Sharma 13 12 07 06
8
13
. +E V #
14
B. {. . Bx. #
Shri Ashok Vij #

Shri A. P. V. N. Sarma #
07
04
02
43
09 01 - 01
01
01
01 - - -
01
05
07
04
02
42
09 01 - 01
01
02
- - - -
03
05
05
- -
07 -
03
- -
- - - -
03
02
- -
- -
01 01
01 -
01
01
- -
- - - -
13
14
06
01
03
04
- -
- -
04
02
01
01
- -
- - - 01
13
14
06
04
04
- -
- - - -
10
06
01
03
06
03
- -
- - - 01
10
05
01
04
- -
06 01 - -
02
01
01
- -
- - - -
01
- -
- - - -
01
02
- -
- - - -
01
02
- -
- - - -
01 -
l
Shri Sarath Sura
17
05
b. V E
Dr. Bijaya Kumar sahoo
16
b. n{ Sv #
Dr. Sudip Chaudhuri #
15
03
<. {.
Shri Y. P. Singh
12
Remu.
Nomn. HR
CSC Com. SIAC CAC RCB ECB Com.Com.
x E #
Shri Nirmal Kumar Bari #
11
FMC
+V C
Shri Ajay Shukla
10
IT
DPC SHIGC Com.
BB B {v B+< B + < x. BS+

. B
. .
n xh #
Shri Deveshwar Narain Singh # 04
3.1 Details of the meetings attended by Present and Past

Directors.
{x E UE
{ E{E xnE
# { xnE
*
* Past Executive Director,

# Past Director
87
3.2 During the financial year 2014-15, thirteen (13) Board

Meetings were held as against requirement of minimum
six meetings under clause 12 of Nationalized Bank
(Management and Miscellaneous Provisions) Scheme,
1970. The details are given below:-
3.2 ]Ei E (|vx B |Eh |vx) Vx, 1970 E Jb 12

E +iMi xvi xxi U È E {I k 2014-15
E n x b E i (13) È +Vi E M< l VxE h
xxx :-
È E il
b xnE E J
È ={li xnE E J
Sl. no.
Date of meeting
Number of Directors on Board
Number of Directors Attended the meeting
1.
24.04.2014
13
12
2.
07.05.2014
12
10
3.
31.05.2014
12
11
4.
25.06.2014
12
11
5.
25.07.2014
10
09
6.
08.08.2014
10
07
7.
05.09.2014
10
09
8.
29.09.2014
10
07
9.
29.10.2014
10
09
10.
21.11.2014
09
09
11.
22.12.2014
09
09
12.
05.02.2015
09
08
13.
10.03.2015
10
09
4. b E i
4.1 b E |vx i
k j, i E E nxn E l {ì lvi
]Ei E (|vx B |Eh |vx) Vx, 1970 E +x
b E |vx i E M`x E M* - { i E
{xM`x E Vi *
4.
4.1.1 b E |vx i E M`x
4.1.1 Composition of the Management Committee of the

Board
The members of the Management Committee of the Board as
on 31.03.2015 were as under:
4.1 Management Committee of the Board:

The Management Committee of the Board is constituted as
per the provisions of Nationalized Bank (Management and Miscellaneous Provisions) Scheme, 1970 as amended, read with
the directives of the Ministry of Finance, Government of India.
The committee is re-constituted from time to time.
lli 31.03.2015 E b E |vx i xxJi

n l :
1.
2.
3.
4.
5.
6.
7.
Committees of the Board
E `
+vI B |v xnE
Shri Rakesh Sethi
V.E. J
E{E xnE
Executive Director
Bx.E.
E{E xnE
Shri N. K. Sahoo
Executive Director
B. =nMi
E u xi xnE
Shri A.Udgata
<.{.
EM ES xnE
Shri Y. P. Singh
{x E UE
vE xnE
Shareholders Director
b. V E
vE xnE
Dr. Bijaya Kumar Sahoo
i E +vIi E `, +vI B |v xnE u

E Vi *
The Committee is chaired by Shri Rakesh Sethi, Chairman

and Managing Director.
88
4.1.2 b E |vx i E E :
4.1.2 Function of the Management Committee of the

Board:
|vx i E E =SS E @h |i E Ei,

Zi/]] Ji bx, {V Mi il V E Ei
V i{h E { S Ex il +vI B
|v xnE B E{E xnE E |iVi +vE E
={M E I Ex * i x M, +x{V +i
V i{h Ij Ex{nx il b u i E ni
+x i{h |vx xh E I Ei *
The function of the Management Committee is to consider

various business matters of material significance like sanction
of high value credit proposals, compromise/write off, sanction
of capital and revenue expenditure and review the exercise of
delegated authority by the Chairman and Managing Director
and the Executive Director(s). The Committee also reviews
the performance of key areas like investment portfolio, nonperforming assets and other important management decisions
referred to the Committee by the Board.
4.1.3 È E h :
01.04.2014 31.03.2015 E n x xxJi il E
i x (16) È +Vi E:
4.1.3 Details of meetings:

The Committee met sixteen (16) times during the period from
01.04.2014 to 31.03.2015 as detailed below:-
È E il
b E |vx i xnE E J
È ={li xnE E J
Date of meeting
Number of Directors on the Management

Committee of Board
Number of Directors
Attended the meeting
24.04.2014
08
08
06.05.2014
07
07
31.05.2014
07
06
25.06.2014
07
07
25.07.2014
07
07
08.08.2014
07
06
05.09.2014
07
07
18.09.2014
07
06
29.09.2014
07
06
29.10.2014
07
07
21.11.2014
07
07
22.12.2014
07
07
19.01.2015
06
06
04.02.2015
06
06
10.03.2015
05
05
25.03.2015
06
06
4.2. b E J{I i (B) :

i W E E nxn il E{] Mxx E ri
E +x E x 31.05.1994 E { BE J{I
i E M`x E il < - { {xMì E *
4.2
Audit Committee of the Board (ACB) :
As per the directives of Reserve Bank of India and having

regard to the fundamentals of Corporate Governance, the Bank
originally constituted an Audit Committee on 31.05.1994 and
reconstituted the same from time to time.
89
4.2.1 Composition of the Audit Committee of the Board:

4.2.1 b E J{I i E M`x :
lli 31.03.2015 E b E J{I i xxH The members of the Audit Committee of the Board, as on
31.03.2015 were as under:n l:1.
V.E. J
E{E xnE
2.
3.
4.
5.
Executive Director
Bx. E.
E{E xnE
Shri N. K. Sahoo
Executive Director
b. E Cx
E u xi xnE
Dr. Shashank Saksena
B. =nMi
E u xi xnE
Shri A.Udgata
V E
xn JE xi xnE
Shri Sanjeev Kumar Sharma
Chartered Accountant Nominee Director
V E , xn JE xi xnE V ME{E xnE , 11.02.2015 b E J{I i

E +vI + J{I i E n k {
I *
4.2.2 b E J{I i E E :
Shri Sanjeev Kumar Sharma, Chartered Accountant Nominee

Director who is a Non-Executive Director, is the chairman of
the Audit Committee of the Board since 11.02.2015 and all the
members of Audit Committee are financially literate.
J{I i E E, +x i E l l E E k
{]M |h E Ex B =E I Ex , iE
h E ii, {{ii B xi xSi E* b
E I |ii EB Vx { i |vx E l E
k {h E I Ei *
J{I i xn ni il E E +iMi M`x,
{Sx, Ex{nx, iji, EMi il +iE J{I
+ xIh E Mhk xjh i E E i J{I
E E {Sx E {Ih Ei il E E vE/
J{I B E E xIh { +xi E< Ei *
The function of Audit Committee inter alia includes assessing

and reviewing the financial reporting system of the Bank so as
to ensure that the financial statements are correct, sufficient
and credible. It reviews with the management the annual
financial statements before their submission to the Board.
i +iE xjh |h E {{ii, +iE J{I

M E Sx, <E ]M {]x E I Ei il
E i{h xE { +iE J{IE/xIE E l
S- + =x { +xi E< Ei * <E +iH,
E E k B VJ |vx xi E I Ei *
The Committee also reviews the adequacy of internal control

system, structure of internal audit department, its staffing
pattern and discussion with the internal auditors/Inspectors
on any significant finding and follow-up action thereon. It further
reviews the financial and risk management policies of the Bank.
J{I i +iE k xjh + VJ |vx |h

E Ex Ei * E E + ij E I
Ei *
vE J{I E , J{I i E/i
k J+ + {] E +i { nx { Exp vE
J{IE E l S- Ei * M J{I
{] (BBB+) =`B MB z q { +xi E<
Ei *
J{I i E E J k +vE xB Vx i
|vE E xH =xE Mi, +x + {` E xvh
Ex E n Ei *
Audit committee evaluates internal financial controls and risk

management system. It also reviews Whistle Blower
mechanism of the Bank.
4.2.2 Function of the Audit Committee of the Board:
The Audit Committee provides direction and oversees the

operations of total audit function of the Bank including the
organization, operation, performance, independence,
effectiveness and quality control of internal audit and inspection
within the Bank, follow up on the Statutory/External audit of
the Bank and RBI inspections.
Regarding Statutory Audit, the Audit Committee interacts with

the Central Statutory Auditors before finalization of Annual/
Quarterly Financial Accounts and Reports. It also follows up
on various issues raised in the Long Form Audit Report (LFAR).
Audit committee approves appointment of a General Manager

to be Chief Financial Officer of the Bank after assessing his
qualifications, experience and Background.
90
4.2.3 È E h :
01.04.2014 31.03.2015 E n x xxJi il E
b E J{I i E xxx i (7) È +Vi
E M<:
4.2.3
Details of meetings:
During the period from 01.04.2014 to 31.03.2015, seven (07)

meetings of the Audit committee of the Board were held as
detailed below:-
È E il
b E J{I i xnE E J
È ={li xnE E J
Date of meeting
Number of Directors on the

Audit Committee of Board
Number of Directors
attended the meeting
07.05.2014
05
04
31.05.2014
05
05
25.07.2014
05
05
07.08.2014
05
04
29.10.2014
05
05
21.11.2014
05
05
05.02.2015
05
04
4.3 b E VJ |vx i :
4.3 Risk Management Committee of the Board:
i V E E nxn E +x i: 04 S, 2003
E b E VJ |vx i E M`x E M B -
{ <E {xM`x E M *
As per the directives of the Reserve Bank of India, a Risk

Management Committee of the Board was originally constituted on 04.03.2003 and the same has been reconstituted
from time
4.3.1 b E VJ |vx i E M`x :
4.3.1 Composition of the Risk Management Committee of

the Board:
lli 31.03.2015 E b E VJ |vx i xxJi

n l :-
The members of the Risk Management Committee of the Board

as on 31.03.2015 were as under:-
1.
2.
3.
4.
5.
6.
E `
+vI B |v xnE
Shri Rakesh Sethi
V. E. J
E{E xnE
Executive Director
Bx. E.
E{E xnE
Shri N. K. Sahoo
Executive Director
V E
xn JE xi xnE
Shri Sanjeev Kumar Sharma
Chartered Accountant Nominee Director
+V C
+EE M-E xnE
Shri Ajay Shukla
Part Time Non-Official Director
<.{.
EM ES xnE
Shri Y. P. Singh
i E +vIi E `, +vI B |v xnE u E

Vi *

4.3.2 b E VJ |vx i E E :
4.3.2
VJ |vx i @h, V + {Sx VJ i E

E z VJ x vi BEEi VJ |vx i xi
il hxi x{i Ei *
The Risk Management Committee devises the policy and

strategy for integrated risk management pertaining to various
risk exposures of the Bank including Credit, Market and
Operational Risk.
91
Function of Risk Management Committee of the

Board:

4.3.3 È E h :
01.04.2014 31.03.2015 E n x VJ |vx i E The Committee met six (06) times during the period from
01.04.2014 to 31.03.2015 as detailed below:
U (6) È +Vi < VxE h xxx :È E il
b E VJ |vx i xnE E J È ={li xnE E J
Date of Meeting

Risk Management Committee of Board.
Number of Directors
attended the meeting
31.05.2014
06
06
08.08.2014
06
05
05.09.2014
06
05
29.09.2014
06
05
21.11.2014
05
05
10.03.2015
04
04
4.4 b E xnE {nz i i (b{) :

E x i E, k j (EM |M)E xn E +xh
xnE {nz i i E M`x E + < - {
{xMì E M *
4.4.1 b E xnE {nz i i E M`x :
4.4 Directors Promotion Committee of the Board:

The Bank in pursuance to the directives of Govt. of India,
Ministry of Finance (Banking Division) constituted Directors
Promotion Committee and the same has been reconstituted
from time to time.
4.4.1 Composition of the Directors Promotion Committee
of the Board:
The members of the Directors' Promotion Committee of the
Board as on 31.03.2015 were as under:-
lli 31.03.2015 E xnE E {nz i i xxH

n l :1. E `
: +vI B |v xnE
2.b. E Cx
: E u xi xnE
3. B. =nMi
: E u xi xnE
i E +vIi, E `, +vI B |v xnE u E
Vi *
4.4.2 b E xnE {nz i i E E :
1. Shri Rakesh Sethi
2. Dr. Shashank Saksena
3. Shri A. Udgata

4.4.2 Function of the Directors Promotion Committee of
the Board:
xnE E {nz i i E M`x iEi B M- iEi +xxE

E x{]x E I Ex B E{] Mxx B VJ
|vx |h E v i V E B i E E
nxn E +x +ii{h +x E I Ex E
B E M *
The Directors' Promotion Committee has been constituted to

review disposal of vigilance and non-vigilance disciplinary
cases and other cases of strategic importance in terms of
Reserve Bank of India (RBI) and Government of India (GOI)
guidelines on Corporate Governance and Risk Management
System.
4.4.3 ` E E h :
01.04.2014 31.03.2015 E n x xxH il E i

E ix (3) ` E +Vi < VxE h xxx :-
The Committee held three (03) meetings during the period

from 01.04.2014 to 31.03.2015 as detailed below:
È E il
Date of Meeting
xnE E {nz i i xnE E J
È ={li xnE E J
Number of Directors on the Directors

Promotion Committee
Number of Directors
03
03
03
03
03
03
31.05.2014
25.07.2014
21.11.2014
4.5 b E vE/xE E Ei i :
4.5 Shareholders/Investors Grievances Committee of the

Board:
The Bank originally constituted the Shareholders/ Investors
Grievances Committee on March 4th , 2003 with a purpose of
monitoring the redressal of shareholders and investors grievances/ complaints. The committee has been reconstituted from
time to time.
E x vE + xE E Ei E xh E |Vxl
i: 04 S, 2003 E vE/xE E Ei (xh)
i E M`x E* i E - { {xM`x E M
*
92
4.5.1 b E vE/xE E Ei i E M`x:
4.5.1 Composition of the Shareholders/Investors Grievances Committee of the Board:
31.03.2015 E lli i E xxH n l :

1. V.E. J
2. Bx.E.
3. +V C
The members of the Shareholders/Investors Grievances

Committee of the Board as on 31.03.2015 were as under:-
E{E xnE
E{E xnE
+EE M E xnE
1. Shri J. K. Singh Kharb Executive Director
4.5.2 vE/xE E Ei i E E :
2. Shri N. K. Sahoo
Executive Director
3. Shri Ajay Shukla
4.5.2 Function of Shareholders/Investors Grievances

Committee of the Board:
The Committee ensures that all share certificates are issued
within a period of one month of the date of lodgment for transfer,
sub-division, consolidation, renewal etc. The committee further
monitors the redressal of investors' complaints in a time bound
manner. The Bank received 1638 number of complaints during
the year under review and all the complaints have been
resolved to the satisfaction of investors.
i xSi Ei E |h{j lxxih,

bVx Ex, xEh +n i +nx E il BE
x E +v E +n V VB* <E +iH, i
xE E Ei E r xh E x]M Ei
* E E Ivx E n x 1638 Ei |{i < Vx
E xh xE E i] E +x{ E V SE *
4.5.3 ` E E h
01.04.2014 31.03.2015 E n x i E BE (1) È
+Vi < VxE h xxx :-
4.5.3 Details of meetings

The Committee held one (01) meeting during the period from
È E il
vE/xE E Ei i.
xnE E J
È ={li xnE E J
Date of Meeting
Number of Directors on the Shareholders/

Investors Grievances Committee
05
Number of Directors
04
08.08.2014
E E xnE b E 17.12.2012 E +Vi È b

i +ih i E M Ex E xh M +
+vI B |v xnE E E{E i +ih i E
M`x i |vEi E M* inx, E E +vI B |v
xnE x +ih, ]x +xv B M B/ JB B/S
B E n b{E] V Ex E +xnx i E{E
i +ih i E M`x E +xni E* E{E
i +ih i E È E Ek +vE {
xnE b E I +xlx i |ii EB Vi *
The Board of Directors of the Bank in its meeting dated

17.12.2012 decided to discontinue the Board level Share
Transfer Committee and authorised the Chairman and
Managing Director to constitute an Executive Level Share
Transfer Committee. Accordingly, the Chairman and Managing
Director of Bank, approved constitution of an Executive Level
Share Transfer Committee for approving Share Transfer,
Transmission requests and issue of duplicate shares against
the shares reported to have been lost/misplaced/stolen. The
minutes of the Executive Level Share Transfer Committee
meetings are placed periodically before the Board of Directors
for ratification.
4.6 b E Sx |tME i (+<]-i)
4.6 Information Technology Committee (IT Committee) of

the Board:
E E z Sx |tME {Vx+ E Exx E xMx

i E x 24 +| 2003 E +<] i Mì E V { {xMì E M*
4.6.1 b E +<] i E M`x :
lli 31.03.2015 E i xxH n l :-
The Bank constituted the IT Committee on April 24th, 2003

and reconstituted it from time to time.
1.
2.
3.
4.
5.
6.
1.Shri Rakesh Sethi
E `
V. E. J
Bx. E.
b. E Cx
V E
+V C
4.6.1 Composition of the IT Committee of the Board:

The members of the IT Committee of the Board as on
31.03.2015 were as under:
+vI B |v xnE
E{E xnE
E{E xnE
E u xi xnE
xn JE xi xnE
+EE M-E xnE
Chairman and Managing

Director
2. Shri J. K. Singh Kharb
Executive Director
3. Shri N. K. Sahoo
Executive Director
5. Shri Sanjeev Kr. Sharma Chartered Accountant Director
6. Shri Ajay Shukla

Vi *

93
4.6.2 b E +<] i E E :
i E M`x E E z +<] {Vx+ E Exx E
xMx i E M*
4.6.3 È E h :
01.04.2014 31.03.2015 E n x < i E {S (5)
È xxJi il E +Vi < :
È E il
4.6.2 Function of the IT Committee of the Board:

This Committee was constituted to monitor the implementation of various IT projects of the Bank.
The Committee held five (05) meetings during the period from
01.04.2014 to 31.03.2015, as detailed below:
b E +<] i xnE E J
È ={li xnE E J
Number of Directors on the IT

Committee of Board
Number of Directors
07
06
07
06
06
06
05
06
05
06
Date of meeting
24.04.2014
25.06.2014
05.09.2014
29.09.2014
22.12.2014
4.7 b E vJvc xMx i :
4.7. Fraud Monitoring Committee of the Board:
E x BE Ec {B + +vE E vJvc E E
xMx + +xi E< i 28.02.2004 E vJvc xMx
i E M`x E + < - { {xMì E M
*
4.7.1 b E vJvc xMx i E M`x :
The Bank has constituted Fraud Monitoring Committee on

28.02.2004 and reconstituted it from time to time with a
purpose to monitor and follow up cases of frauds involving
amount of rupees one crore and above.
lli 31.03.2015 E i xxH n l :-
The members of the Fraud Monitoring Committee of the Board

1.
2.
3.
4.
5.
6.
E `
V.E. J
Bx.E.
b. E Cx
<. {.
+V C
4.7.1 Composition of the Fraud Monitoring Committee of

the Board:
+vI B |v xnE
E{E xnE
E{E xnE
E xi xnE
EM ES xnE
+EE M-E xnE

3. Shri N. K. Sahoo
5. Shri Y. P. Singh
6. Shri Ajay Shukla
Chairman and
Managing Director
Executive Director
Executive Director
Part Time Non- official Director
i E +vIi +vI B |v xnE u E M< B E E

E{E xnE i E È +ji E {
={li B*
The Executive Director (s) of the Bank attended the meeting

of committee as special invitee and the meetings of the
committee were chaired by Chairman and Managing Director.
4.7.2 b E vJvc xMx i E E :
4.7.2 Function of the Fraud Monitoring Committee of the

Board:
vJvc E z {+ +li vJvc E {i Mx, xE

+ |ix BV E {] Ex, il vJvc E +V nx The Fraud Monitoring Committee has been constituted
E r E< Ex x E nJi B +xx exclusively for monitoring, review and follow up cases of frauds
amount of Rupees one crore and above, keeping
{ BE Ec {B + +vE E E vJvc E involving
in view the delay caused in various aspects of fraud like
E x]M + =x { +xi E< Ex i i E M`x detecting, reporting to regulatory and enforcement agencies
E M*
and action against perpetrators of the fraud.
4.7.3 È E h
4.7.3 Details of meetings
01.04.2014 31.03.2015 E n x vJvc xMx i The Fraud Monitoring Committee held seven (07) meetings during
the period from 01.04.2014 to 31.03.2015 as detailed below:E i (7) È xxx +Vi E M< :
` E E il
b E vJvc xMx i
È ={li xnE E J
xnE E J
Date of Meeting
31.05.2014
25.07.2014
05.09.2014
21.11.2014
22.12.2014
05.02.2015
10.03.2015
Number of Directors on Fraud

Monitering Committee of the Board
07
05
07
07
07
07
05
94
Number of Directors
07
05
07
07
07
06
04
4.8 b E OE i :
xnE b x 09.09.2004 E +Vi ` E i V
E E Mx E nxE 14 +Mi, 2004 E {j E +x{x
OE i E M`x E + < - { {xMì
E M * i E M`x < =q E MiE ii
+v { OE E Mhk v V E*
4.8 Customer Service Committee of the Board:

In compliance with RBI letter dated August 14th, 2004, the
Board of Directors at its meeting held on 09.09.2004
constituted Customer Service Committee and reconstituted it
from time to time. The committee has been constituted with a
view to bring out improvements in the quality of customer
service in the Bank on a continuous basis.
4.8.1 b E OE i E M`x :
4.8.1 Composition of Customer Service Committee of the

Board:
31.03.2015 E OE i xxJi n l*
The members of the Customer Service Committee of the Board

1.
2.
3.
4.
E `
V. E. J
Bx.E.
<. {.
+vI B |v xnE
E{E xnE
E{E xnE
EM ES xnE
Executive Director
3. Shri N. K. Sahoo
Executive Director
4. Shri Y. P. Singh

Vi *
4.8.2 b E OE i E E :

|E E OE E OE i] i v Ex
+ OE E Mhk E gx i xx ={ Ex*
To innovate measures for enhancing the quality of customer

service and improve the level of customer satisfaction to all
categories of clientele at all times.
4.8.3 È E h :
01.04.2014 31.03.2015 E n x i E S (4) È
xxx +Vi E M< -
È E il
4.8.2
Function of the Customer Service Committee of

the Board:
The Committee held four (04) meetings during the period

01.04.2014 to 31.03.2015 as detailed below :
OE i
xnE E J
È ={li xnE E J

Customer Service Committee
Number of Directors
31.05.2014
06
06
08.08.2014
04
04
29.09.2014
04
03
22.12.2014
04
04
Date of Meeting
4.9 b E {v i :
4.9 Remuneration Committee of the Board:
i E, k j, +lE E M, EM |M E
nxE 9 S 2007 E +vSx B. . 20/1/2005-++<
E +x VxE Ij E E E {hEE xnE x{nx
r |ix E {j M , i I + MhiE {] v
+ h + {U E n x z +x{x {]
vi S E { +vi Ex{nx Ex ]C i i
jiE {] E b u |{i E M * Ex{nx
E Ex b E ={ i- ''{v i'' u E VBM
V E u xi xnE, E u xi xnE il
n +x xnE M *
In terms of Govt. of India, Ministry of Finance, Department of

Economic Affairs (Banking Division) notification F.No. 20/1/
2005-BOI dated 9th March, 2007, whole time directors of the
Public Sector Banks will be entitled to performance linked
incentives, subject to achievement of broad quantitative
parameters fixed for performance evaluation matrix, based on
the Statement of Intent on goals and qualitative parameters
and bench marks based on various compliance reports during
the last year. Sub Committee of the Board called
Remuneration Committee consisting of Govt. Nominee
Director, RBI Nominee Director and two other Directors would
do the evaluation of performance.
4.9.1 xnE b x 23.03.2007 E +{x ` E Ex{nx

Vc |ix E |Vx i {hEE xnE E Ex{nx
E Ex Ex E =q {v i E M`x E*
i E - { {xM`x E M *
4.9.1 The Board of Directors in its meeting dated 23.03.2007

constituted the Remuneration Committee to evaluate the performance of the whole time directors for the purpose of performance linked incentives. The Committee has since been reconstituted from time to time.
95
4.9.2. b E {v i E M`x :
4.9.2 Composition of Remuneration Committee of the

Board:
The members of the Remuneration Committee of the Board
lli 31.03.2015 E b E {v i xxJi

n l :
1. b. E Cx
E u xi xnE
2. B. =nMi
E u xi xnE
3. +V C
+EE M E xnE
4.9.3.b E {v i E E :
1. Dr. Shashank Saksena Govt. Nominee Director
Ex{nx r |ix E |Vxl {hEE xnE E

Ex{nx E Ex Ex*
4.9.4. È E h :
01.04.2013 31.03.2014 iE i E E< È +Vi
x E M<*
4.10 b E xEx i :
i V E E nxE 1 x 2007 E {jE b+b .
.. 47/29.32.001/2007-08 E +x 21.04.2008 E
b E xEx i E M`x E M* i E
{ {xM`x E M*
4.10.1 b E xEx i E M`x :
31.03.2015 E lli b E xEx i xxJi
n l :
To evaluate the performance of the whole time directors for

the purpose of performance linked incentives.
1. b. E Cx
E u xi xnE
Govt. Nominee Director
2. V E
xn JE xnE
2. Shri Sanjeev
Kumar Sharma
Chartered Accountant Nominee

Director
3. +V C
+EE M-E xnE
3. Shri Ajay Shukla
Part Time Non-official Director
2. Shri A.Udgata
3. Shri Ajay Shukla
4.9.3 Function of Remuneration Committee of the Board:

No meeting of the Committee was held during the period from
01.04.2014 to 31.03.2015.
4.10 Nomination Committee of the Board:
In terms of Reserve Bank of India letter DBOD No. BC. No.
47/29.39.001/2007-08 dated Nov. 1, 2007, the Bank constituted Nomination Committee of the Board on 21.04.2008. The
Committee has been reconstituted from time to time.
4.10.1 Composition of Nomination Committee of the Board:
The members of the Nomination Committee of the Board as
on 31.03.2015 were as under:-
4.10.2 b E xEx i E E :
4.10.2 Function of Nomination Committee of the Board:
xEx i E EE E{x (={G E +Vx + +ih)

+vx 1970 E v 9(3)(i) E +iMi Vn xSi xnE/
xnE E { xSi x H E ''M B =Si'' i
E Si iEi E l xvh Ex E |G { Ex i
*
4.10.3 È E h
01.04.2014 31.03.2015 E n x i E BE (01) È
xxx +Vi E M< :
The Nomination Committee have to undertake a process of

due diligence to determine the "Fit and Proper" status of existing elected directors/the person to be elected as a director
under Sec. 9 (3) (i) of the Banking Companies (Acquisition
and Transfer of Undertakings) Act, 1970.
È E il
Date of Meeting
25.02.2015

The Committee held one (01) meeting during the period from
01.04.2014 to 31.03.2015 as detailed below :
b E xEx
i xnE E J
È ={li xnE E J
Number of Directors on the Nomination

Committee of Board
Number of Directors
03
03
4.11 xM B +]x i :
4.11 Share Issue and Allotment Committee:
4.11.1 E E xnE b x nxE 18.02.2011 E +Vi

+{x È xM B +]x i E M`x E*i
E - { {xMì E M *
4.11.1 The Board of Directors of the Bank in its meeting dated

18.02.2011 constituted Share Issue and Allotment Committee.
The Committee has been re-constituted from time to time.
96
4.11.2 xM B +]x i E M`x :
4.11.2 Composition of Share Issue and Allotment

Committee:
lli 31.03.2015 E xM B +]x i xxJi

n l
The members of the Share Issue and Allotment Committee of

the Board as on 31.03.2015 were as under:
1.
2.
3.
4.
E `
V. E. J
Bx.E.
<. {.
+vI B |v xnE
E{E xnE
E{E xnE
EM ES xnE

3. Shri N. K. Sahoo
4. Shri Y.P. Singh
Chairman
Director
Executive
Executive
Workmen
and Managing
Director
Director
Employee Director
4.11.3 xM B +]x i E E :
4.11.3 Function of Share Issue and Allotment Committee:
i +vx/C+<{ +]x +v { <C] E xM

B +]x E v l+{Ii E Ex + <x xx
]E BCSV B ]E BCSV Sr Ex E B
|vEi *
The committee is authorized to do all such acts, deeds and

things as may be required in connection with the issue and
allotment of Equity Shares on preferential/QIP allotment basis
and get the same listed with the National Stock Exchange and
Bombay Stock Exchange.
4.11.4 È E h :
01.04.2014 31.03.2015 E +v E n x i E xxx

n (02) È +Vi <
The Committee held two (02) meetings during the period from
È E il
Date of Meeting
b E xM B +]x
i xnE E J
È ={li xnE E J
Number of Directors on the Share

Issue and Allotment Committee
of Board
Number of Directors
03
04
02
03
09.02.2015
25.03.2015
4.12 b E @h +xnx i :
4.12
i E, k j E nxE 05.12.2011 E V{ji

+vSx J 13/1/2006 + < v +iH {]Eh
E +x E x `400 Ec iE E @h |i E +xnx +
`2 Ec
iE E @h Zi/<]-+ |i E +xnx E
=q 22.02.2012 E b E @h +xnx i E M`x
E *
In terms of Govt. of India, Ministry of Finance Notification vide

Gazette Notification no. 13/1/2006 dated 05.12.2011 and
further clarification in this regard, the Bank has constituted a
Credit Approval Committee of the Board on 22.02.2012 for
the purpose of approval of the credit proposals upto ` 400
Crore and Loan Compromise/Write-Off proposals upto
` 2 Crore.
4.12.1 b E @h +xnx i E M`x :
4.12.1 Composition of the Credit Approval Committee of

the Board:
b E @h +xnx i E M`x xxx :
The Credit Approval Committee of the Board consists of the

following:-
(B)
+vI B |v xnE
() n E{E xnE
() |vE (k B J)
(b) |vE (@h)
(<)
|vE (+<+B)
4.12.2 b E @h +xnx i E E :
Credit Approval Committee of the Board:
(a)
(b)
(c)
(d)
(e)
Two Executive Director(s)

General Manager (F&A)
General Manager (Credit)
General Manager (IRM)
4.12.2 Function of Credit Approval Committee of the Board:
B) ` 400 Ec iE E @h |i (xvE B M-xvE) E

Ei
a)
Sanctioning of Credit Proposals of upto ` 400 Crore

(Funded and Non-Funded)
b)
Approval of Loan Compromise/Write-Off proposals

of upto ` 2 Crore
2 Ec iE E @h Zi/<] + |i E +xnx
97
4.12.3 ` E E h :
01.04.2014 31.03.2015 E n x @h +xnx i E

ii (43) È xxx +Vi E M<:
The Credit Approval Committee held forty three (43) meetings during
the period from 01.04.2014 to 31.03.2015, as detailed below:-
È E il
Date of Meeting
23.04.2014
07.05.2014
21.05.2014
07.06.2014
18.06.2014
28.06.2014
08.07.2014
23.07.2014
01.08.2014
07.08.2014
14.08.2014
21.08.2014
30.08.2014
04.09.2014
09.09.2014
18.09.2014
25.09.2014
09.10.2014
15.10.2014
20.10.2014
22.10.2014
30.10.2014
03.11.2014
14.11.2014
19.11.2014
27.11.2014
06.12.2014
11.12.2014
17.12.2014
24.12.2014
27.12.2014
08.01.2015
15.01.2015
22.01.2015
29.01.2015
06.02.2015
12.02.2015
18.02.2015
25.02.2015
02.03.2015
12.03.2015
19.03.2015
26.03.2015
b E @h +xnx i n E J
È ={li n E J
Number of members on the Credit

Approval Committee of Board
Number of Members
06
05
05
05
05
06
05
05
05
05
05
06
06
06
06
06
06
06
06
06
06
06
06
06
06
07
07
07
07
07
07
07
07
06
09
06
07
07
07
07
07
06
08
06
05
04
05
05
06
05
05
05
05
05
06
06
06
06
05
06
06
06
05
06
06
06
06
06
07
07
07
07
07
06
07
07
06
07
06
07
06
06
07
07
06
07
4.13 b E i:
4.13 Recovery Committee of the Board :
k j,i E E nxn E +x 27.11.2012

E +Vi b È |G E x]M Ex +
xi +v { E E ij E I Ex i b E
i E M`x E M* b u i E -
{ {xM`x E M *
As per the directives of the Ministry of Finance, Government

of India, Recovery Committee of the Board was constituted at
the Board Meeting held on 27.11.2012 to monitor the progress
of recovery and to review the recovery mechanisms of the
Bank on regular basis. The committee has been reconstituted
by the Board from time to time.
98
4.13.1 b E i E M`x:
4.13.1 Composition of the Recovery Committee of the

Board:
lli 31.03.2015 E b E i xxJi

n l :
The members of the Recovery Committee of the Board as on

1.
2.
3.
4.
E `
V. E. J
Bx.E.
b. E Cx
+vI B |v xnE
E{E xnE
E{E xnE
E u xi xnE

3. Shri N. K. Sahoo
Executive Director
i E +vIi +vI B |v xnE u E Vi
The Committee is chaired by the Chairman and Managing

Director.
4.13.2 b E i E E
4.13.2 Function of the Recovery Committee of the Board:
i E E |G E x]M Ex + xi
+v { E E ij E I Ex *
The function of the Recovery Committee is to monitor the

progress of recovery and to review the recovery mechanisms
of the Bank on regular basis.
4.13.4 È E h
01.04.2014 31.03.2015 E +v E n x i E xxx

x (09) È +Vi <:
The Committee met nine (09) times during the period from
01.04.2014 to 31.03.2015 as detailed below:-
È E il
b E i xnE E J
È ={li xnE E J

recovery Committee of Board
Number of Directors
24.04.2014
05
05
31.05.2014
04
03
25.06.2014
04
04
08.08.2014
04
03
05.09.2015
04
04
29.09.2015
04
03
21.11.2014
04
04
22.12.2014
04
04
10.03.2015
03
02
Date of meeting
4.14 b E xSx i:
4.14 Election Committee of the Board
k j, i E E nxn E +x 30.05.2012
E +Vi b È b E xSx i E M`x E
M* i |vE(]V) E |vEi Ei E E E
E +vE E =x E{x E E + + +vh
+ E E |ixvi Ex E B |vEi E, V
E + ] vi Ei *
As per the directives of the Ministry of Finance, Government of

India, Election Committee of the Board was constituted at the
Board Meeting held on 30.05.2012. The Committee authorizes
the General Manager (Treasury) to authorize an officer of the
Bank to represent the Bank in Annual General Meetings and
Extraordinary General Meetings of the Companies in which
our Bank holds Shares and vote as per its decision.
4.14.1 b E xSx i E M`x

lli 31.03.2015 E b E xSx i xxJi
n l:
4.14.1 Composition of the Election Committee of the Board
E `
2. V. E. J
3. Bx.E.
1.
Shri Rakesh Sethi
2.
Executive Director
3.
Shri N. K. Sahoo
Executive Director
1.
The members of the Election Committee of the Board as on

+vI B |v xnE
E{E xnE
E{E xnE
i E +vIi +vI B |v xnE u E Vi *

Director.
99
4.14.2 b E xSx i E E
4.14.2 Function of the Election Committee of the Board:
i +{x vE =Si =n E Sx E
+xni Ei V VxE Ij E E, E{x +
k l+, Vx E E , E xnE xx i Sx
=i V E <E B i x |vE (]V) E |vEi
E E E E E +vE E B E{x, +{x E E
Uc E, E E + + +vh + E E
|ixvi Ex E B |vEi E*
4.14.3 È E h
01.04.2014 31.03.2015 E +v E n x i E xxx
BE È +Vi < :
The Committee approves selection of most suitable

candidates(s) amongst shareholders contesting election to
become Directors in Public Sector Banks, Insurance Companies and Financial Institutions (FIs) where the Bank holds share
by authorizing the General Manager (Treasury) to authorize
an officer of the Bank to represent the Bank in Annual General Meetings and Extraordinary General Meetings of such
Companies, except our own Bank.
È E il
Date of meeting

The Committee met once during the period from 01.04.2014
to 31.03.2015 as detailed below:-
b E xSx i xnE E J
È ={li xnE E J

Election Committee of Board
Number of Directors
04
03
25.07.2014
4.15 b E x vx(BS+) i
E E b x 15.07.2005 E +Vi +{x È -
{ x vx xi E I Ex + +|x + Ex B
E E +x ` E{E i |i Sx E I i
15.07.2005 E +Vi +{x È x vx B Ii{i
i E M`x E *
i E, k j, +lE E M (EM |M) E
nxE 09.03.2007 E +vSx J Bx. 20/1/2005-++<
E +x +|x + Ex E |i Sx { S Ex i
23.03.2007 E b E {v i Mì E M<* <E
l-l b E x vx B |i i E x {ii
E < b E x vx i E x {xMì E M
l*
i V E E nxn E +x 28.02.2014 E =H
i E {xM`x E M, iE =tM k {{] E
n E E x vx xi E I E V E*
4.15 Human Resource (HR) Committee of the Board
4.15.1 b E x vx i E M`x
b E x vx i E n xxx :
4.15.1 Composition of the HR Committee of the Board
1.
2.
3.
4.
E `
V. E. J
Bx. E.
b. E Cx
The Bank's Board in its meeting held on 15.07.2005 constituted

the HR & Compensation Committee to review the HR policies
of the Bank from time to time and the compensation structure
of the CMD and ED as also other senior executives.
As per Government of India, Ministry of Finance, Department

of Economic Affairs (Banking Division) Notification No. F.No.
20/1/2005-BOI dated 09.03.2007, Remuneration Committee
of the Board was constituted on 23.03.2007 for looking after
the compensation structure of the CMD and ED.
Simultaneously, HR & Compensation Committee of the Board
was reconstituted with changed name as Human Resource
Committee of the Board.
The said committee was reconstituted further on 28.02.2014
as per directives of Reserve Bank of India so as to review HR
policies of the Bank in the context of best practices in the
industry.
The members of the HR Committee of the Board were as
under:
+vI B |v xnE
E{E xnE
E{E xnE
E E xi xnE

3. Shri N. K. Sahoo
Executive Director
i E +vIi +vI B |v xnE u E Vi *

Director.
4.15.2 b E BS+ i E E
=tM k {{] E n E E x vx xi
E I Ex*
4.15.2 Function of the HR Committee of the Board:

The Committee reviews HR policies of the Bank in the context
of best practices in the industry.
100
4.15.3 Details of meetings :

4.15.3 È E h :
01.04.2014 31.03.2015 E +v E n x i E xxx The Committee met once during the period from 01.04.2014
to 31.03.2015 as detailed below:BE È +Vi <
È E il
b E BS+ i xnE E J
È ={li xnE E J
Date of meeting
Number of Directors
HR Committee of Board
05
05
07.06.2014
5. xnE E {v :
5. Remuneration to Directors:
M-E{E xnE E j B k i n Vx
{v i E/i V E E nxn E +x
|nx E V *
The remuneration including traveling and halting expenses to

the Non- Executive Directors is paid as decided by the
Government of India /RBI guidelines.
5.1 2014-15 E n x E E {hEE xnE +li

+vI B |v xnE B E{E xnE E Mix EB MB
ix B |ix E h xxx :
G
.
ix
Sl.
Name
Basic Pay
No.
M< k
|ix
Dearness
Arrear
Incentives
Allowance
(`
`)
1.
Leave
Total
Encashment
(`
`)
(`
`)
(`
`)
(`
`)
(`
`)
906000.00
892410.00
66025.98
0 1864435.98
780000.00
768300.00
67537.00
0 1615837.00
41935.48
44870.96
86806.44
66950.00
60255.00
267130.00
394335.00
Bx. E. (E.x.)
Shri N. K. Sahoo (ED)
4.
V. E. J (E.x.)
Shri J.K. Singh Kharb, (ED)
3.
+E
xEnEh
E ` (+.|.x.)
Shri Rakesh Sethi, CMD
2.
5.1 The details of salary including incentives paid to the wholetime Directors of the Bank past and present, i.e. Chairman
and Managing Director (CMD) and Executive Director (ED)
during the financial year 2014-15 are as under:
]. +. S (. {. E.x)
Shri T.R. Chawla, (Ex. ED)
E x ES ]E +{x {x (<B+{) E +iMi xnE

+l E E ES E E< V x EB *
The Bank has not issued any shares to the Directors or

Employee of Bank under Employee Stock Option Plan (ESOP).
5.2 18.10.2011 M-E{E xnE E |iE b ` E

={li x i ` 10,000/- + i E È ={li
x i ` 5,000/- E Mix E V * il{, E E
+vI B |v xnE, E{E xnE + E u xi
xnE E Mi E E M ix x E Vi*
6. + B :
6.1 E E Mi ix E + + E h xxx :
5.2 With effect from 18.10.2011, the Non-Executive Directors

are being paid a sitting fee of `10,000/- for attending each
Board Meetings and `5000/- for Committee Meetings. Sitting
fees are, however, not paid to the Chairman and Managing
Director, Executive Directors of the Bank and Government
Nominee Directors.
E {
iJ B
Nature of Meeting
Date and Time
n E +
M, 14 Vx, 2012
{x 10.30 V
General Body Meetings:
6.1 Particulars of past three Annual General Meetings of the

Bank.
lx
|Vx
Venue
Purpose
<]x Vx ES x],
1-20, C]-***,
] E ],
EEi -700 106
101
31.03.2012 E lli E E ix {j,

31 S, 2012 E {i i E E
x J, J+ u E E M< +v i
E E G E{ E v xnE b E
{] il J+ B ix{j { J{IE
E {] { SS, +xnx + +MEh, il
<C] { Pi Ex*
È E {
iJ B
lx
|Vx
Nature of Meeting
Date and Time
Venue
Purpose
Tenth Annual General

Meeting
To discuss, approve and adopt the

Thursday, the 14th June, Eastern Zonal Cultural
Centre, IB-201, Sector-III Salt Balance Sheet of the Bank as at
2012, 10.30 A.M.
31.03.2012, Profit and Loss Account of
Lake City,
the Bank for the year ended 31st March,
Kolkata-700 106
2012, the Report of the Board of Directors
on the working and activities of the Bank
for the period covered by the Accounts,
the Auditors Report and To declare
Dividend on Equity shares.
M E + , 17 Vx, 2013
{x 10.30 V
<]x Vx ES x],
1-201, C]-***,
] E ],
EEi -700 106
31.03.2013 E lli E E ix {j,

31S, 2013 E {i i E E
x J, J+ u E E M< +v
i E E G E{ E v xnE
b E {] il J+ B ix{j {
J{IE E {] { SS, +xnx +
+MEh il <C] { Pi
Ex*
Monday, the 17th June,

2013, 10.30 A.M.
Eastern Zonal Cultural

Centre, IB-201, Sector-III,
Salt Lake City,
Kolkata-700 106
To discuss, approve and adopt the Balance Sheet of the Bank as at 31.03.2013,
Profit and Loss Account of the Bank for
the year ended 31st March, 2013, the Report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts, the
Auditors Report and To declare Dividend
on Equity shares.
M, 26 Vx, 2014
{x 10.30 V
<]x Vx ES x],
1-201, C]-***,
] E ],
EEi -700 106
31.03.2014 E lli E E ix {j,

31S, 2014 E {i i E E
x J, J+ u E E M< +v
i E E G E{ E v xnE
b E {] il J+ B ix{j {
J{IE E {] { SS, +xnx +
+MEh*
Eleventh Annual
General Meeting
E +
Twelfth Annual
General Meeting
Thursday, the 26th June, Eastern Zonal Cultural To discuss, approve and adopt the
2014, 10.30 A.M.
Centre, IB-201, Sector-III Salt Balance Sheet of the Bank as at
31.03.2014, Profit and Loss Account of
Lake City, Kolkata-700 106
the Bank for the year ended 31st March,
2014, the Report of the Board of Directors
on the working and activities of the Bank
for the period covered by the Accounts
and the Auditors Report.
<E +iH, vE xnE E xSx, i E E

+vx xM il +i|{i lMi lxx E v E E
<C] {V gx i 10.03.2015 E E E vE E
+vh + E +Vx E M*
6.2 ={H ix E + E< E{ {i x
E M l*
6.3 k 2014-15 E n x {] ] u E<
E{ {i x E M* il{, 10.03.2015 E +Vi
E E +vh + E E vE x xxJi
E +xnx Ei B n E{ {i EB:
Besides, an Extraordinary General General Meeting of the

Shareholders of the Bank was held on 10.03.2015 for election
of Shareholders Directors, Preferential Issue to Govt. of India
and approval for raising the equity capital of Bank through
Qualified Institutions Placement.
6.2 No Special Resolution was passed in the aforementioned
Annual General Meetings.
6.3 No Special Resolution was passed by postal ballot during
the financial year 2014-15. However, the shareholders of
the Bank in the Extraordinary General Meeting held on
10.03.2015 passed two Special Resolutions approving the
following:
102
(B) `10/-({B
n j) |i E E + Ei E
2,67,69,282(n Ec c` J =xk V n
j ) <C] E `119.54 ({B BE
=z + { Sx j) E xEn xM {
|i , `109.54 ({B BE x + { Sx
j) |i | i i E (i E
]{i) E +vx +v { E `320 Ec ({B
ix Ec j) iE E Vx, |i, xM +
+]x V E (+<b+) x, 2009 E
x, 76 (1) E +x b/i u xvi
E M *
(a) To create, offer, issue and allot upto 2,67,69,282 (Two

crore sixty seven lac sixty nine thousand two hundred
and eighty two) equity shares of face value of `10/(Rupees ten only) each for cash at an Issue Price of
`119.54 (Rupees one hundred nineteen and paise fifty
four only) per share including premium of `109.54
(Rupees one hundred nine and paise fifty four only)
per share as determined by the Board/Committee in
accordance with Regulation 76 (1) of SEBI (ICDR)
Regulations, 2009 aggregating upto `320.00 crore
(Rupees three hundred twenty crore only) on
preferential basis to Government of India (President
of India).
() `10/-({B n j) |iE E +Ei { B

<C] E |i xEn xM {, |i
| i V E (+<b+) x, 2009
E x 85(1) E +x b/i u xvi
E M + +x |V Exx, x + x,
n E< , E +x E `500 Ec ({B {S
Ec j) iE +i|{i lMi lxx (C+<{)
+v { +i|{i lMi Gi+ E < i
Vx, |i, xM + +]x Ex E i E
(i E ]{i) E E E |nk <C] {V E
E 52.00% vh x *
(b) To create, offer, issue and allot upto such number of

equity shares of the face value of `10/-(Rupees ten
only) each for cash at such Issue Price per equity
share including premium as determined by the Board/
Committee in accordance with Regulation 85(1) of
SEBI (ICDR) Regulations, 2009 as amended and
other applicable Laws, Rules and Regulations, if any,
aggregating upto ` 500.00 Crore (Rupees five hundred
crore only) to Qualified Institutional Buyers on
Qualified Institutions Placement (QIP) basis in such
a manner that the Government of India (President of
India) shall continue to hold not less than 52.00% of
the paid-up Equity Capital of the Bank.
|V v, x + x E +x{x i E(i
E ]{i) E +vx +v { <C] E xM +
+]x { E V SE , il{, C+<{ +v { <C]
E xM + +]x E i { + n Vx E *
The issue and allotment of equity shares on preferential basis

to Govt. of India (President of India) has already been
completed in compliance of the applicable Laws, Rules and
Regulations and issue and allotment of equity shares on QIP
basis is yet to be materialized.
V E +xE x x + i E +{Ii +xnx |{i

x E Eh 24.12.2013 E +Vi +vh +
+ i |{i lMi lxx ( C + < { ) E {
` 320 Ec
(| i) iE E E <C] {V gx i
vE E {U +xnx/i E i { x n V
E*
Owing to unfavorable market conditions and delay in receipt

of requisite approval from the Govt. of India, the earlier
approval/consent of the shareholders for raising the equity
capital of the Bank upto ` 320.00 crore (including premium)
by way of Qualified Institutions Placement (QIP) accorded in
the Extraordinary General Meeting of the Bank held on
24.12.2013 could not materialize.
6.4 26.06.2014 E +Vi {U E +

xxJi xnE ={li l*
E `
+vI B |v xnE
V. E. J
E{E xnE
V E
xn JE xi xnE
B b E J{I i E
+vI 09.06.2014 iE
+E V
vE xnE
B b E J{I i E
+vI 10.06.2014
6.4 The following Directors were present in the last Annual

General Meeting held on 26.06.2014
x E
+vE ES xnE
n xh +EE M-E xnE
b. n{ Sv
vE xnE
7. + xi
E +{x Miv + {Sx , V Si Ei
, SS xi{E xnb, x` B Ei E B |ir
+ <x E E ES/+vE u ]S, EnS,
+vE E n{M E E x E B |h + |Gv
xvi E * E x ] n/+vE, OE + E E
Shri Rakesh Sethi

Shri J.K. Singh Kharb
Executive Director
Shri Sanjeev Kumar Sharma C.A. Nominee Director &
Chairman Audit Committee of
the Board upto 09.06.2014
Shri Ashok Vij
Shareholders Director &
Chairman Audit Committee of
the Board with effect from
10.06.2014
Shri Nirmal Kumar Bari
Officers Employee Director
Shri Deveshwar Narain Singh Part Time Non-official Director
Dr. Sudip Chaudhuri
7. Whistle Blower Policy

The Bank is committed to the highest standards of ethics,
integrity and professionalism in all the activities and operations
that it conducts and has defined systems and procedures in
place to root out corruption, malpractices and abuse of authority
by the employees/ officers in the Bank. The Bank encourages
103
{E +x + Vxi E n E S E Ei
+l xnx Ei H B {n |h E |ii Ei
*
E Exp iEi +M E {v +i * < |E, E x
< v i E E nxn E +x BE
+ { i E * { E x + E
+ { VE =q {lx E ii {i Mx +
=E xxi x{]x Ex* E E +vE B
ES |Si E M E =xE u x E
|E]Eh E M{xi xSi E VBM + + E
E |E E HMi |iv, V +{xi Ex, {x Ex
+l +x +xSi E < Ex +l =E VxE i |E]Eh
E Eh < x E {< Ex V E< Ih
|nx E VBM* xi E i E E <]
www.allahabadbank.in { ={v *
an open and transparent system of working and dealings

between the members of staff/officers, customers and
members of general public coming into contact with the Bank.
E E E EE E J{I i x x x
E M *
8. |E]Eh :
E x x EM EB Vx E <i +{x
|], xnE, |J |vE EE |vx + =xE v
+n E l E< B i{h xnx x EB Vx Oi:
E E i E l ]E E x *
E x {V V vi i +{I+ E +x{x E
il +x ]E BCSV +l i V E u E
{ E< +lnb x M M + x <E +Sx E M<
*
il{, k 2014-15 E n x 25.09.2014 E E x vx
vx xh +vx, 2002 E v 13 E +iMi Vx 2006
S 2007 E +v E n x nMv xnx E {i Mx +
<E {]M i +iE ij Ei x EB Vx E Eh
B+< +<Bxb u nxE 05.02.2014 E =xE +n J
1/b/b+<+/B+<-+<Bxb/2014 E ii MB MB
`5,10,000/-E +lnb E Mix E *
]Ei E i l|V ]E BCSV E l Sri
E E Jb 49 E +{I E E x {x E *
2014-15 i E{] Mxx { vE Exp J {IE
E |h{j < {] E l Mx *
]E BCSV E l Sri E E Jb 49 (IX) l
xvi |h{j +vI B |v xnE +li E E J EE
+vE il J k +vE u b E I |ii E M
+ < E {] E l Mx *
|vx SS + h {] xnE E {] E + *
No personnel of the Bank have been denied access to the

Audit Committee.
9. |h E v :
E |tME + S v E =zx + E V E
x E xi + <E l E x +{x
ivE E =xE v +x SxB |nx Ex E +Ei
E E E * E ]E BCSV +li BxB< +
9. Means of Communication:
The Bank comes within the purview of Central Vigilance

Commission. As such, the Bank has framed a Whistle Blower
Policy in line with the Govt. of India guidelines in this regard.
The policy namely ALL-Bank Whistle Blower Policy aims
at quickly spotting aberrations and dealing with it in the shortest
possible time. It has been disseminated among the employees
and officers of the Bank ensuring them full confidentiality
against disclosure of names and protection to the Whistle
Blower against any personal vindictive actions such as
humiliation, harassment or any other form of unfair treatment
or subjecting to any kind of loss on account of his public interest
disclosures. The content of the policy is made available on
Banks website www.allahabadbank.in.
8. Disclosures:
Other than those in the normal course of banking business,
the Bank has not entered into any materially significant
transactions with its Promoter,Directors,Key Managerial
Perosonnel, Management, their relatives etc. that may have
potential conflict with the interest of the Bank at large.
The Bank has complied with all the requirements regarding
capital market and no penalty or stricture whatsoever has been
imposed by the Stock Exchanges, SEBI or RBI.
However, during the Financial year 2014-15, the Bank has

paid penalty of ` 5,10,000/- on 25.09.2014 imposed by FIUIND vide their order No.1/DIR/FIU-IND/2014 dated 05.02.2014
for failure to evolve an internal mechanism to detect and report
suspicious transactions during the period from June 2006 to
March 2007 u/s 13 of Prevention of Money Laundering Act,
2002.
The Bank has complied with the requirement of Clause 49 of

the Listing Agreement with the Stock Exchanges to the extent
applicable to Nationalized Banks.
A certificate of the Statutory Central Auditors on Corporate
Governance for the year 2014-15 is annexed to this report.
A Certificate from the Chairman and Managing Director i.e.
the Chief Executive Officer of the Bank and Chief Financial
Officer as stipulated in Clause 49 (IX) of the Listing Agreement with Stock Exchanges has been placed before the Board
and is annexed to the Annual Report.
Management discussion and analysis report forms part of the
Directors Report.
The Bank appreciates the benefit accruing to the society with
the advent and advancement of technology and means of
communications and further recognizes the need of keeping
its stakeholders informed of the events of their interest. The
quarterly/half yearly/ annual financial results of the Bank are
104
B< E i/U/E k {h |i Ei V
E E Sr * k {h vE +{I E +x
BE ] S {j il EEi li Ij E BE
S {j |Ei E Vi * 2014-2015 E n x
i k {h +Oh S {j +li Vx <x
(+OV), <x BC| (+OV), n <bx BC| (+OV),
+V (xn), Vxk (xn), B< (M), +VE (M)
+n |Ei EB MB l* {h E E E <]
www.allahabadbank.in { |ni E Vi *
submitted to the Stock Exchanges namely NSE and BSE,

where the equity shares of the Bank are listed. The Financial
Results are published in one national newspaper and one
regional language newspaper based at Kolkata as per statutory
requirement. During the financial year 2014-15, the quarterly/
half yearly financial results were published in leading
newspapers namely Business Line (English), Financial
Express (English), The Indian Express (English), Aaj (Hindi),
Jansatta (Hindi), Aei Somay (Bengali) and AajKal (Bengali)
etc. The results are also displayed on the web site of the Bank
www.allahabadbank.in.
E/ lMi xE E EB MB |Vx]x E E <]

www.allahabadbank.in { nB MB *
The presentation made to the analysts/institutional investors

are hosted on the Banks Website www.allahabadbank.in
10. vE i vh Sx:
10.1 13 E + E h
nx + nxE : G, 26 Vx, 2015
:
{x 10.30
lx :
x +b] , xx <,
b b , +{,
EEi 700027
10. General Shareholders Information:
10.2 k {h (+xi) E |Ex i k B

Eb :
E E k +| S *
xxJi iJ E {i +v i i {h E +xnx
30 Vx, 2015
V<, 2015 E +i
30 i, 2015 +H, 2015 E +i
31 n, 2015 Vx, 2016 E +i
31 S, 2016
J{Ii E J
+|-< 2016
10.2 Financial Year and Calendar for Publication of

Financial Results (Tentative):
10.3 E + + i E CV il
10.3 Date of Book Closure for the purpose of AGM and

Dividend:
Book closure- Saturday, the 20th June, 2015 to Friday, the
26th June, 2015 (Both days inclusive)
10.1 Particulars of 13th Annual General Meeting:

Friday, the 26th June 2015
10.30 A.M.
Bhasha Bhawan Auditorium
National Library
Belvedere Road, Alipore,
Kolkata- 700027
Day and Date :

Time :
Venue :
E CV il - x 20 Vx, 2015 G 26 Vx,

2015 (nx nx i)
10.4 Sri
E E <C] xx ]E BCSV (BxB<) +
]E BCSV (B<) Sr * +x h xxx -
The Financial Year of the Bank is April to March

Approval of quarterly results for the period ending
June 30, 2015
- End of July, 2015
September 30, 2015
- End of October, 2015
December 31, 2015
- End of January, 2016
March 31, 2016
- Audited Annual Accounts:

April- May, 2016
10.4 Listing:
The equity shares of the Bank are listed with National Stock
Exchange (NSE) and Bombay Stock Exchange (BSE). The
other details are as under:-
]E BCSV
]E Eb
Sri E il
Stock Exchange
Stock Code
Date of Listing
xx ]E BCSV (BxB<)
BBE
National Stock Exchange (NSE)
ALBK
27.11.2002
532480
27.11.2002
]E BCSV (B<)
Bombay Stock Exchange (BSE)
k 2015-16 i +O E Sri E ={H ]E

BCSV E { |i E V SE *
10.5 +x{x +vE
B.E. M, |vE (k B J) B B+ E ,
+x vE |vE + ]E BCSV E l Sri
The advance annual listing fee for the financial year 2015-16
has already been remitted to the above Stock Exchanges.
10.5 Compliance Officer
Shri A.K. Goel, General Manager (F & A) and CFO has been
designated as the Compliance Officer for complying with
105
E E z |vx E +x{x Ex i +x{x +vE E

{ xq] E M *
10.6 V b] :
k 2014-15 E n x xx ]E BCSV (BxB<) +
]E BCSV (B<) ]bM EB MB E j +
E =SS B xx E]x E h xxi :
BxB<
/ Month
various provisions of SEBI, other statutory authorities and

Listing Agreements with the Stock Exchanges.
10.6 Market Price Data:
The monthly high and low quotations and the volume of shares
traded on National Stock Exchange (NSE) and Bombay Stock
Exchange (BSE) during the financial year 2014-15 were as
under:
/ NSE
=SS
xx
101.30
89.70
77486451
104.05
87.90
7101414
14
132.50
90.85
167835476
141.25
90.35
21772952
Vx/June 14
147.40
126.65
109235941
150.00
126.00
12287801
V</July
14
141.75
114.90
103725877
146.00
111.85
12029350
+Mi/Aug
14
125.15
113.95
70451813
127.70
112.30
6529249
125.40
96.90
76133304
127.15
92.60
8877132
14
114.80
95.20
59630698
115.20
94.30
7105850
x/Nov 14
123.10
113.70
49434969
124.00
112.30
5384814
n/Dec 14
134.50
117.70
87611138
136.55
112.15
10289068
Vx/Jan 15
134.35
116.00
55362843
136.00
115.65
6000953
/Feb 15
115.25
103.65
62926634
117.20
103.15
8302675
S/Mar 15
110.55
95.40
48813186
115.90
92.50
7631837
High
(`)
+|/April
</May
14
i/Sep
+H/Oct
14
Low
(`)
j ( E J)
Volume (Number
of shares)
=SS
B< / BSE
xx j ( E J)
High
(`)
Low
(`)
Volume (Number
of shares)
10.7 BxBC x}] E Sx E ix E E E 10.7 Performance of Banks share in comparison with the
movement of CNX Nifty is shown hereunder:
|nx xxi :
nxE
BxB< E E E +i (`)
x}] (+i)
Date
Closing Share Price of Bank at NSE (`)
Nifty (Closing)
01.04.2014
89.70
6721.05
02.05.2014
101.65
6694.80
02.06.2014
135.05
7362.50
01.07.2014
141.30
7634.70
01.08.2014
120.90
7602.60
01.09.2014
118.30
8027.70
01.10.2014
97.40
7945.55
03.11.2014
118.15
8324.15
01.12.2014
119.90
8555.90
01.01.2015
134.35
8284.00
02.02.2015
115.25
8797.40
02.03.2015
108.65
8956.75
31.03.2015
100.20
8491.00
10.8 V] B ]x BV] :
BB . 77/2 B W b , EEi-700 029 E
E V] B ]x BVx] *
10.8 Registrar and Share Transfer Agent:

M/s MCS Ltd. 77/2A, Hazra Road Kolkata-700029 is Bank's
Registrar and Share Transfer Agent.
106
10.9 +ih |h :
nxn E +x xEMh BE l E +ih-b]<Vx E v +{x Ei * E iih
E n V] B iih BV] iii E iih
E Sx VM * iii E +Mi E Vi E
b]<Vx i +{x +xv b{V] {]{] E |ii
E* b] i +xv |{i x { E b]<V E
n Vi * n 30 nx E +n b] i +xv |{i x
i i ii i |h{j iii E iE {
V n Vi *
10.9 Share Transfer System:
10.10 lli 31.03.2015 E vi E {
10.10 Distribution of shareholding as on 31.03.2015
vi
Shareholding
As per SEBI guidelines, investors can avail the facility of

simultaneous transfer-cum-dematerialization of shares.
Registrar and Share Transfer Agent, on transfer of shares,
would be sending the intimation of transfer to the transferee.
Transferees are apprised to submit their request for dematerialization to their Depository Participant. On receipt of
Demat request, the shares are dematerialized. If the demat
request is not received within a period of 30 days, the
transferred share certificate is dispatched to the transferee in
physical form.
vE E J
E vE
E |ii (%)
Number of shareholders
Percentage of Total
E J
Number of shares
shareholders (%)
iE
E
E |ii (%)
Percentage of Total
shares (%)
180351
87.86
30199853
5.28
501 to 1000
17064
8.31
12262032
2.15
1001 to 2000
4777
2.33
6954441
1.22
2001 to 3000
1255
0.61
3132503
0.55
3001 to 4000
543
0.26
1930312
0.34
4001 to 5000
317
0.15
1477612
0.26
5001-10000
484
0.24
3479581
0.61
485
0.24
511942284
89.59
205276
100.00
571378618
100.00
upto 500/
10001and above /
E/Total
B +vE
10.11 E b]<Vx
E E E ]bM +x { b] E Vi * E
E <C] E +<B+<Bx Eb INE428A01015*
lli 31.03.2015 E 555842034 <C] ,
b]<V V <C] E 97.28% *
lli 31.03.2015 E vE u b] + iE {
J MB E h xxx :
iE { / Physical form
b] { / Dematerialized form
BxBbB / NSDL
bBB / CDSL
E /TOTAL
*25.03.2015
10.11 Dematerialization of shares

The Bank's shares are compulsorily traded in demat form. The
ISIN code of Bank's Equity Shares is INE428A01015.
As on 31.03.2015, 555842034 equity shares constituting
97.28% of the equity shares are in dematerialized form.
Particulars of shares in Demat and Physical form held by the
shareholders as on 31.03.2015 are as under:
vE E J
E J
Number of shares
% of shareholding
49954
15536584
2.72
108474
193680126
33.9
46848
335392626
205276
E i E (i E ]{i) E +vx
+v { xMi B +]i 26769282 <C] E ]E
BCSV +li BxB< + B< ]M +xnx x x E
Eh i E (i E ]{i) E b] Ji V E
Vx i l* =H <C] E ]E BCSV +{Ii
+xnx |{i x E n 10.04.2015 E i E (i E
]{i) E b] Ji V E n M *
vi E
26769282*
63.38
571378618
100.00
*26769282 Equity shares issued and allotted to Govt. of India

(President of India) on preferential basis on 25.03.2015 were
pending for credit in the Demat Account of Govt. of India
(President of India) for want of Listing approval from Stock
Exchanges i.e. NSE & BSE. The said equity shares have been
credited in the demat account of Govt. of India (President of
India) on 10.04.2015 after receipt of requisite approval from
the Stock Exchanges.
107
25.03.2015 E +vx +v { 26769282 <C] E

+]x Ex E n 31.03.2015 E lli i E u
vi `10 E +Ei E <C] E J gE
347567847 M< * inx, +]x E n E E |nk {V
i E E vi 58.90% gE 60.83%
M<*
10.12 +V E il E< Vb+/Bb+/] +x
{ix Ji +nk x *
11. +ih B xE Ei xh
E x . BB . E V] B +ih BV] E {
xH E V xE E Ei E vx, il {i
{ix, E +ih/ |h, +vn {ix +n E v
vE E +xv E nV Ei * xE E v i
=xE Ei E E |vx E, EEi E E
Vi *
xE +{x +xv /Ei i E E V] B
+ih BV] (+]B) E { +l E xxLi {i { nV
E Ei :
. BB .
(x]: <n E)
77/2 B, V b
,
EEi-700029
]: 033-40724051 54
C: 033-24541961,40724050
<: mcskol@rediffmail.com OR
After allotment of 26769282 equity shares on preferential basis

on 25.03.2015, the total equity shares held by the Govt. of
India as on 31.03.2015 has increased to 347567847 equity
shares of face value of `10/- each. Accordingly, the
shareholding of the Govt. of India post allotment has increased
from 58.90 % to 60.83% of the paid up capital of the Bank.
10.12 There is no outstanding GDRs /ADRs /Warrants or any
Convertible instrument as on date.
11. Share Transfer and Redressal of Investors Grievance
The Bank has appointed M/s MCS Ltd. as the Registrar and
Share Transfer Agent for recording the shareholders' requests,
resolution of investors' grievances, amongst other activities
connected with the change of address, transfer/transmission
of shares, change of mandate etc. For the convenience of the
investors, grievance/ complaints from them are also accepted
at the Bank' Head Office in Kolkata.
The shareholders may lodge their requests/complaints either
with the Bank's Registrar and Share Transfer Agent (RTA) or
with the Bank at the following address:-
M/s MCS Ltd.

(Unit: Allahabad Bank)
77/2A, Hazra Road,
Kolkata-700029.
Tel: 033-40724051-54
Fax : 033-24541961,40724050
Email: mcskol@rediffmail.com OR
allahabadbank.grievance@yahoo.co.in
allahabadbank.grievance@yahoo.co.in
` |vE
M B xE Ei EI
<n E, |vx E
2, xiV b

EEi-700 001
]: 033-22420878
C: 033-22623279
<: investors.grievance@allahabadbank.in
11.1 |{i, xii B i Ei E J
The Senior Manager,

Share Deptt.& Investors Grievance Cell,
Allahabad Bank, Head Office ,
2, Netaji Subhas Road,
Kolkata-700 001.
Tele: 033-22420878
Fax: 033-22623279
Email: investors.grievance@allahabadbank.in
11.1 Number of complaints received, resolved and pending
vE +{x Ei / +xv E E + ] B +l ={H The shareholders may lodge their requests/complaints either
{i { E E { nV E Ei * E u |{i E M< with the Bank's RTA or with the Bank at the aforementioned
address. The shareholders' complaints received by the Bank
vE E Ei E xih i E E + ] B E are forwarded to Bank's RTA for redressal. The details of re+Oi E n Vi * 2014-15 E n x |{i B xii quests/complaints received and resolved during the financial
il lli 31.03.2015 E i +xv / Ei E year 2014-15 and pending as on 31.03.2015 are as follows:h xxi lli 31.03.2014 E
2014-15 E n x |{i
lli 31.03.2015 E
xii
i
lli i
Pending as on 31.03.2014
Received during 2014-15
Resolved
x/Nil
1638
1638
Pending as on 31.03.2015
Ei /+xv E .
No. of Complaints/requests
108
x/Nil
11.2 +n
b] =Si Ji +n {c E h xxi :
lli 01.04.2014 E
E/+n
ii) 2014-15 E n x nEi
B l Ji +ii
11.2 Unclaimed Shares

The details of unclaimed shares lying in the Demat Suspense
Account are as under:
i)
i) Shares outstanding/unclaimed
as on 01.04.2014
4126
ii) Shares claimed and transferred to

Beneficiary account
during the year 2014-15
iii) Shares outstanding/unclaimed
as on 31.03.2015
335
lli 31.03.2015 E
E / +n
3791
+n / E E v inx Ex E +vE E =xE
u n Ex iE E J VBM*
v n E |{i { b] =Si Ji {c E
nn E Ji V E Vi *
iii)
11.
vi {]x/Shareholding Pattern(lli
h
Description
4126
335
3791
The voting rights in respect of the unclaimed/outstanding

shares will remain frozen till the claim by the rightful owner.
On the receipt of valid claim from the rightful owner the shares
lying in the Demat Suspense account are credited to the
claimant.
/ as on 31.03.2015)
vE E J
vi E J
Number of shares held
i E/Government of India
S+ b/]+</Mutual Funds/UTI
E/Banks
E{x/Insurance Companies
vi
% of shareholding
347567847
60.83
32
33704008
5.90
263733
0.05
21
71596548
12.53
(Foreign Financial Institutions)
99
42042593
7.36
x B =bx/Trust and Foundations

xMi xE/Bodies Corporate
18
1389081
0.24
1527
7814138
1.37
202344
66115020
11.57
1225
885650
0.15
205276
571378618
100.00
n lMi xE (n k lB)
Foreign Institutional Investors
ES i x H
Resident Individuals including Employees
+x i/Non Resident Indians

E / Total
12.
xx <C]xE CM ] (Bx<B)
12. National Electronic Clearing Services (NECS)
xx <C]xE CM ] (Bx<B) E Mix

E BE x< v , V xE E E v =E E Ji
V E V Ei * E +{x vE E =xE E Ji
v V Ex E v E E{ ={v E *
il{, vE E E Ji E/E E ExpEi EM x
(B) J x SB*
National Electronic Clearing Services (NECS) is a novel

method of payment of Dividend, where the amount to the
investors can directly be credited to his/ her Bank Account.
The Bank is offering the services to the shareholders with an
option to avail the facility for direct credit of the dividend in
their Bank account. However, the Bank account of the
shareholders should be in Centralized Banking Solution (CBS)
Branch of Bank/s.
<B xb] E {] E l Mx V VE
vh Ex vE u V] B +ih BV]
E V VB* b]<V { Jx vE
<B xb] i +{x vi b{V] {]{] {E E*
vE E Ex { Bx<B E v |{i Ex E
E{ E {i E V Ei *
The ECS mandate form is enclosed with the Annual Report,

which may be sent to the Registrar and Share Transfer Agent
by the shareholders, who are holding shares in physical form.
Shareholders holding shares in dematerialized form may
contact their respective Depository Participant for their ECS
mandate. The option to receive dividend through NECS may
be discontinued at any time at the instance of the shareholders.
109
13.
+S i:
13. Code of Conduct :
E x xnE b + ` |vx EE i |V +S
i i E + < 17.10.2005 E +Vi +{x È
b u +MEi E M il E E <] +li
www.allahabadbank.in { ={v *
The Bank has framed the "Code of Conduct" applicable to the

Board of Directors and Senior Management Personnel and
the same has been adopted by the Board at its meeting held
on 17.10.2005 and the same is available on the Bank's website
viz. www.allahabadbank.in
b E n + ` |vx x E +v { i E
+x{x E {] E + +vI B |v xnE +li E E
J E{E +vE E + E M< < + E Ph
< |inx E + *
The Board members and senior management have affirmed

compliance with the code on annual basis and a declaration
to this effect from the Chairman and Managing director i.e.
CEO of the Bank, forms part of this report.
E{] Mxx E +x +xv E +x{x E |h{j:
14. Certificate of compliance of stipulations of Corporate

Governance :
]E BCSV E l Sri E E i E +x E{]

Mx E +xv E +x{x vi E E vE Exp
J{IE u V |h{j Mx E M *
The certificate issued by the Statutory Central Auditors of the

Bank, regarding compliance of stipulations of Corporate
Governance in terms of the Listing Agreement with the Stock
Exchanges is attached.
xnE b E B B =xE +
For and on behalf of the Board of Directors
14.
nxE : 08.05.2015
lx: EEi
(E `)
+vI B |v xnE
Date: 08.05.2015
Place:
Kolkata
(Rakesh Sethi)
Ph
DECLARATION
]E BCSV Sri E E Jb 49(**) (<) E +xh

+vI B |v xnE +li E E J E{E +vE
E Ph :
Ph E Vi E E x b E n + E E
` |vx EE (+li |vEMh) x ]E BCSV
Sri E E Jb 49(**) (<) E +xh 31S, 2015
E {i k i +S i E +x{x E E H
n * < +S i E E E <] www.allahabadbank.
in { b M *
Declaration of the Chairman and Managing Director i.e. CEO

of the Bank, pursuant to Clause 49(II) (E) of the Listing
Agreement with Stock Exchanges :
nxE : 08.05.2015
lx: EEi
(E `)
+vI B |v xnE
It is to declare that the Board Members and Senior

Management Personnel of the Bank (i.e. General Managers)
have affirmed their compliance of the Code of Conduct for the
Financial Year ended on 31st March, 2015 in accordance with
Clause 49(II) (E) of the Listing Agreement with Stock
Exchanges. The said Code of Conduct has been posted on
the Bank's website, www.allahabadbank.in.
Date: 08.05.2015
Place:
Kolkata
110
(Rakesh Sethi)
E{] Mxx {
J{IE E |h{j
Auditors Certificate on Corporate

Governance
,
<n E E nMh
x ]E BCSV(V) E l <n E E Sri E
E Jb 49 lxvi E +x 31 S, 2015 E {i
i <n E u E{] Mx E li E +x{x
E VS E *
E{] Mxx E i E +x{x E Vn |vx E *
VS E{] Mx E i E +x{x xSi Ex
i E E u +{x< M< |G + =E Exx iE i
l* x i J{I + x E E k h {
+i H Ex *
E u +xIi +J B niV + n M< Sx B
{]Eh E +v { :
(B) |hi Ei E E x ={H Sri E
xvi E{] Mx E i E +x{x E
, V iE E i V E E nxn E
=Px x Ei*
() Ex E E E V] B +ih
BV] u l |hi vE/xE Ei xh
i u J MB +J E +x, E E r
xE E E< Ei BE +vE iE
i x *
Ex E +x{x x i E E i
i +x + x E E Ex{nx |vx E Ei
B |i *
To,
The Members of Allahabad Bank
We have examined the compliance of conditions of Corporate
Governance by ALLAHABAD BANK for the year ended on
31st March 2015, as stipulated in clause 49 of the Listing
Agreement entered into by Allahabad Bank with Stock
Exchange(s).
The Compliance of conditions of Corporate Governance is the
responsibility of the Management. Our examination was limited
to procedures and implementation thereof, adopted by the
Bank for ensuring the compliance of the conditions of the
Corporate Governance. It is neither an audit nor an expression
of opinion on the financial statements of the Bank.
On the basis of the records and documents maintained by the
Bank and the information and explanations given to us:
(a) We certify that the Bank has complied with the
conditions of Corporate Governance as stipulated
in the above mentioned Listing Agreement, to the
extent these do not violate RBI guidelines.
(b) We state that no investor grievance is pending for a
period exceeding one month against the Bank, as
per the records maintained by the Shareholders'/
Investors' Grievances Committee and as certified by
the Registrar and Share Transfer Agent of the Bank.
We further state that such compliance is neither an assurance
as to future viability of the Bank nor the efficiency or
effectiveness with which the Management has conducted the
affairs of Bank.
Ei . ] Bb { i
Ei . Jb EEx Bb E.
For M/s Batliboi & Purohit
For M/s Khandelwal Kakani & Co.
xn JE
xn JE
(B x b. ME)
(B Bx. {xn)
(CA Raman D. Hangekar)

{]x / Partner
ni ./Membership No.030615
{VEh ./Firm Regn. No.101048W
Ei . P xl Bb E.
(CA N. Purandare)
{]x / Partner
{VEh ./Firm Regn. No. 001311C
Ei . l Bb BB]
Ei . Bx. . xV Bb E.
For M/s Raghu Nath Rai & Co.
For M/s Sarath & Associates
For M/s N.C. Banerjee & Co.
(B x )
(B B.x)
(B . E. )
xn JE
(CA Meenal Singh)

{]x / Partner
{VEh ./Firm Regn. No. 000451N
xn JE
(CA S. Srinivas)
{]x / Partner
{VEh ./Firm Regn. No.005120S
lx/Place: EEi/Kolkata
nxE/Date: 08.05.2015
111
xn JE
(CA B.K. Biswas)

{]x / Partner
{VEh ./Firm Regn. No 302081E
Sri E E Jb 49 (IX) E
+xh |h{j
,
xnE b,
<n E
|hi E Vi E(B) x k 2014-15 i E E k h + xEn | h E I E + k VxE +

E +x :
i)
<x h E< i{h +i Elx x +l E< i{h il U] x +l E< E Elx ]

x *
ii)
h E E GE{ E i + =Si U |ii Ei il Vn J xE, |V v +

xx E +x *
() k VxE + E +x E n x E x E< B xnx x E V E{]{h, +v +l E

E +S i E r *
() k {]M i +iE xjh l{i Ex + < xB Jx E =kni E Ei + E x k
{]M vi E E +iE xjh |h E Ex E + B +iE xjh |h E {J
{Sx E =x Mi E, n E< , V VxE + <x Mi E {vx i x V En =`B
=` Vx |ii , = J{IE + J{I i E I |E] E *
(b) x J{IE + J{I i E n E(i)
k 2014-15 E n x k {]M { +iE xjh E< i{h {ix x E M *
(ii)
l +i { |i Ex E {U k 2013-14 +{x M< J xi E ix

k 2014-15 E n x +MEi J xi E< i{h {ix x *
E{x +vx, 1956 E +xS XIV E xx E ={i +xS XIV E +x |i Ex E v
{U J xi , V E EB MB n E iM n M *
(iii)
vJvc E P]xB VxE VxE < + V |vx E ES E {ii, n E< ,

VE k {]M { E E +iE xjh |h i{h E *
(B. E. M)
|vE (k B J) B B+
(E `)
+vI B |v xnE
lx : EEi
nxE : 08.05.2015
112
CERTIFICATE PURSUANT TO CLAUSE 49 (IX)

OF THE LISTING AGREEMENT
To
The Board of Directors,
Allahabad Bank
This is to certify that:
(a)
We have reviewed the financial statements and the cash flow statement of the Bank for the financial year 2014-15
and that to the best of our knowledge and belief:
(i) these statements do not contain any materially untrue statement or omit any material fact or contain statements
that might be misleading.
(ii) these statements together present a true and fair view of the Bank's affairs and are in compliance with existing
accounting standards, applicable laws and regulations.
(b)
There are, to the best of our knowledge and belief, no transactions entered into by the Bank during the year which are
fraudulent, illegal or violative of the Bank's code of conduct.
(c)
We accept responsibility for establishing and maintaining internal controls for financial reporting and that we have
evaluated the effectiveness of the internal control systems of the Bank pertaining to the financial reporting and we
have disclosed to the auditors and the Audit Committee, deficiencies in the design or operation of such internal
controls, if any, of which we are aware and the steps we have taken or propose to take to rectify these deficiencies.
(d)
We have indicated to the Auditors and the Audit Committee:

(i) that no significant change in internal control over financial reporting has been made during the financial year
2014-15;
(ii) that there has been no significant change in accounting policies adopted during the financial year 2014-15 as
compared to those followed in preceding financial year 2013-14 except for charging of depreciation on Fixed
Assets.
Consequent upon the repeal of Schedule XIV of the Companies Act, 1956, the reference wherever made in the
previous accounting policy regarding charging of depreciation as per Schedule XIV has been dispensed with;
(iii) the instances of significant fraud of which we become aware and the involvement therein, if any, of the
management or an employee having a significant role in the Bank's internal control system over financial reporting.
(A.K. Goel)
General Manager (F&A) and CFO
(Rakesh Sethi)
Place: Kolkata
Date: 08.05.2015
113
< n E
ALLAHABAD BANK
31 S, 2015 E lli ix-{j

BALANCE SHEET AS ON 31ST MARCH, 2015
h
Particulars
+xS
lli/As on
lli/As on
Schedule
31.03.2015
` '000)
(`
31.03.2014
` '000)
(`
{V / Capital
|Ii B +v / Reserves & Surplus
V / Deposits
=v /Borrowings
+x niB B |vx /
Other Liabilities and Provisions
5,713,786
5,446,093
120,714,008
112,561,241
1,934,240,470
1,908,428,083
143,159,216
121,307,715
67,137,335
56,599,699
2,270,964,815
2,204,342,831
96,602,230
88,344,455
E /Total:
+i /ASSETS
i W E xEn +
Cash and Balances with
Reserve Bank of India
E + M il +{ Sx { vx
Balances with Banks and
Money at Call and Short Notice
x /Investments
+O /Advances
+S +i /Fixed Assets
+x +i /Other Assets
E /Total:
+EE niB /Contingent Liabilities
h E B /Bills for Collection
i{h J xi/Significant Accouning Policies
J { ]{{h /Notes on Accounts
>{ ni +xS J E +z +M
74,734,495
54,606,567
564,787,389
639,605,322
1,498,768,430
1,380,065,727
10
14,054,075
13,096,934
11
22,018,196
2,270,964,815
28,623,826
2,204,342,831
12
1,098,652,932
733,574,491
92,214,434
118,051,743
17
18
The schedules referred to above form an integral part of the accounts

(V. E. J)
E{E xnE
E{E xnE
(Rakesh Sethi)
(J. K. Singh Kharb)

Executive Director
(N. K. Sahoo)
Executive Director
xnE / Directors:
B. =nMi / Shri A. Udgata
V E / Shri Sanjeev Kr. Sharma
+V C / Shri Ajay Shukla
<.{. / Shri Y. P. Singh
b. V E / Dr. Bijaya Kumar Sahoo
l / Shri Sarath Sura
{x E UE / Shri Parveen Kumar Chhokra
({. B. |vx)
( )
={ |vE (k B J)
E |vE (k B J)
(A. K. Goel)
(P. L. Pradhan)
Dy. General Manager(F&A)
(Bhavesh Mishra)
Asstt General Manager(F&A)
il E {] E +x / In terms of our report of even date
Ei . ] Bb { i
Ei . Jb EEx Bb E.
xn JE
xn JE
(B x b. ME)

{]x / Partner
Ei . P xl Bb E.
(B Bx.{xn)
(CA N. Purandare)
{]x / Partner
Ei . l Bb BB]
Ei . Bx. . xV Bb E.
(B x )
(B B. x)
(B . E. )
xn JE
lx / Place: EEi / Kolkata

nxE / Date: 08.05.2015
(B. E. M)
|vE (k B J)
(Bx. E. )
(E ` )
+vI B |v xnE
(CA Meenal Singh)

{]x / Partner
xn JE
(CA S. Srinivas)
{]x / Partner
114
xn JE
(CA B.K. Biswas)

{]x / Partner
< n E
ALLAHABAD BANK
31 S, 2015 E {i i YJk x J
Profit and Loss Account for the year ended 31st March, 2015
+xS
{i /Year Ended
{i /Year Ended
Schedule
31.03.2015
` '000)
(`
31.03.2014
` '000)
(`
13
14
197,161,167
19,960,122
217,121,289
187,466,825
21,657,511
209,124,336
15
16
135,382,421
37,141,732
134,353,608
34,566,395
38,388,092
210,912,245
28,484,114
197,404,117
x /Net Profit
6,209,044
+Oxi /Balance brought forward
3,630,213
E /Total :
9,839,257
xVx / APPROPRIATIONS
vE |Ii E +ih /Transfer to Statutory Reserve
1,560,000
V B +x |Ii E +ih /Transfer to Revenue & Other Reserve 495,003
{V |Ii-+x E +ih/Transfer to Capital Reserve - Others
251,033
|Ii E +ih, +<] BC] E v 36(1)(viii) E +x/
11,720,219
2,293,115
14,013,334
Transfer to Special Reserve, in terms of Sec 36(1)(viii)of IT Act,1961 2,580,000

+<+B |Ii E/mu yk;hK /
x/NIL
Transfer to / from IRS Reserve
|ii / Proposed Dividend
931,347
{ E /Tax on Dividends
189,604
ix {j +Oxi /Balance carried to Balance Sheet
3,832,270
E /Total :
9,839,257
i{h J xi/Significant Accouning Policies 17
J { ]{{h /Notes on Accounts
18
|i +Vx (E b<]b) (`){+x.18 (4.7) E n } /
2,610,000
h
Particulars
I
II
+ /INCOME
+Vi V /Interest earned
+x + /Other income
E /Total :
/EXPENDITURE
E M V /Interest expended
{Sx /Operating expenses
|vx + +EE /
Provisions & contingencies
E /Total :
III
IV
Earnigs per share (Basic and Diluted) (`) {refer Sch.18 (4.7)}
2,940,000
3,207,412
32,795
x/NIL
1,361,523
231,391
3,630,213
14,013,334
11.39
22.89
>{ ni +xS J E +z +M
The schedules referred to above form an integral part of the accounts
(V. E. J)
E{E xnE
E{E xnE
(Rakesh Sethi)
(J. K. Singh Kharb)

Executive Director
(N. K. Sahoo)
Executive Director
xnE / Directors:
({. B. |vx)
( )
={ |vE (k B J)
E |vE (k B J)
(A. K. Goel)
(P. L. Pradhan)
(Bhavesh Mishra)
Ei . ] Bb { i
Ei . Jb EEx Bb E.
xn JE
xn JE
(B x b. ME)

{]x / Partner
Ei . P xl Bb E.
(B Bx.{xn)
(CA N. Purandare)
{]x / Partner
Ei . l Bb BB]
Ei . Bx. . xV Bb E.
(B x )
(B B. x)
(B . E. )
xn JE

nxE / Date: 08.05.2015
(B. E. M)
|vE (k B J)
(Bx. E. )
(E ` )
+vI B |v xnE
(CA Meenal Singh)

{]x / Partner
xn JE
(CA S. Srinivas)
{]x / Partner
115
xn JE
(CA B.K. Biswas)

{]x / Partner
+xS
SCHEDULE
lli/As on
lli/As on
31.03.2015
` '000)
(`
31.03.2014
` '000)
(`
30,000,000
30,000,000
3,475,678
3,207,985
2,238,108
2,238,108
5,713,786
5,446,093
i)
30,483,871
27,543,871
ii)
1,560,000
2,940,000
32,043,871
30,483,871
8,521,238
8,559,899
x/NIL
x/NIL
x/NIL
x/NIL
+xS 1 - {V
SCHEDULE - 1 CAPITAL
|vEi {V /AUTHORISED CAPITAL

`10/-
|iE E 3,00,00,00,000 <C]
300,00,00,000 Equity Shares of `10/- each
xMi, +nk B |nk {V

ISSUED, SUBSCRIBED & PAID UP CAPITAL
Exp E u "trh; `10/- gufU
34,75,67,847
<C]

held by Central Government
Vxi B +x u vi
`10/-
|iE E
22,38,10,771
<C]

held by Public & Others
E /Total :
+xS 2 - |Ii + +v
SCHEDULE - 2 RESERVES & SURPLUS
I.
vE |Ii/Statutory Reserves
+l / Opening Balance
E n x {vx / Additions during the year
E /Total :
II. {V
|Ii / Capital Reserves
B/A) {x Ex |Ii /Revaluation Reserves
i) +l /Opening Balance
ii) E n x {vx/Addition during the year
iii) E n x E]i /Deduction during the year
iv) B x J +ih /Transfer to Profit & Loss Account
E /Total :
/B) l +i E G |Ii
(30,618)
(38,661)
8,490,620
8,521,238
103,251
103,251
x/NIL
x/NIL
x/NIL
x/NIL
103,251
103,251
Reserve out of sale of Fixed Assets

i)
ii)
iii)
+l /Opening Balance
E n x {vx /Addition during the year
E n x E]i /Deduction during the year
E /Total :
116
/C) +x / Others
i) +l /Opening Balance
ii) B x Ji +ih /
Transfer from Profit & Loss Account
III.
IV.
V.
VI.
E /Total :
E (B++) /Total (A+B+C)
| /Share Premium
i) +l / Opening Balance
ii) E n x {vx / Addition during the year
E /Total :
lli/As on
lli/As on
31.03.2015
` '000)
(`
31.03.2014
` '000)
(`
3,873,594
3,840,799
251,033
32,795
4,124,627
3,873,594
12,718,498
12,498,083
21,514,956
17,960,788
2,932,307
3,554,168
24,447,263
21,514,956
V B +x |Ii/Revenue & Other Reserves

31,047,396
ii) E n x {vx / Addition during the year
x/NIL
iii) E n x E]i / Deduction during the year
x/NIL
E /Total :
31,047,396
xvx |Ii Ji / Investment Reserve Account
890,852
ii) E n x {vx /Additions during the period
495,003
iii) B x Ji +ih/Transfer to Profit & Loss Account
x/NIL
E /Total :
1,385,855
|Ii (+ E +vx, 1961E v 36(1)(viii) E ii)/
37,734,283
x/NIL
(6,686,888)
31,047,395
890,852
x/NIL
x/NIL
890,852
Special Reserve (U/S 36(1)(viii) of I T Act,1961)
11,920,000
ii) E n x {vx/ Additions during the year
2,580,000
E /Total
14,500,000
n p {ix |Ii /Foreign Currency Translation Reserve
556,808
ii) E n x {vxAdditon during the year
162,984
iii) E n x E]i / Vx / Deduction/Adj. during the year x/NIL
E /Total:
719,792
+<. +. B. |Ii / I R S RESERVE
19,063
ii) E n x {vx / Additions during the year
x/NIL
iii) E n x E]i / Deduction during the year
x/NIL
E /Total :
19,063
B x Ji /
i)
VII.
VIII.
IX.
E /Total: (I+II+III+IV+V+VI+VII+VIII+IX)
117
9,310,000
2,610,000
11,920,000
268,981
287,827
x/NIL
556,808
19,063
x/NIL
x/NIL
19,063
3,832,270
3,630,213
120,714,008
112,561,241
lli/As on
lli/As on
31.03.2015
` '000)
(`
31.03.2014
` '000)
(`
155,287
491,526
89,424,240
90,477,091
89,579,527
90,968,617
559,557,553
507,275,944
10,732,139
10,593,602
1,274,371,251
1,299,589,920
1,285,103,390
1,310,183,522
1,934,240,470
1,908,428,083
1,910,225,099
1,891,680,834
24,015,371
1,934,240,470
16,747,249
1,908,428,083
2,000,000
9,000,000
x/NIL
x/NIL
5,946,873
2,271,543
3,000,000
3,000,000
10,000,000
10,000,000
24,119,000
24,119,000
5,000,000
50,065,873
x/NIL
48,390,543
93,093,343
72,917,172
143,159,216
121,307,715
+xS 3 - V
SCHEDULE - 3 DEPOSITS
M V /Demand Deposits
I.
E /From Banks
ii) +x /From Others
E /Total :
Si E V /Savings Bank Deposits
n V /Term Deposits
i) E /From Banks
ii) +x /From Others
E /Total :
E /Total : (I+II+III)
i) i li J+ E V /
i)
II.
III.
Deposits of branches in India
i E li J+ E V /
Deposits of branches outside India
E /Total :
ii)
+xS 4 - =v
SCHEDULE - 4 BORROWINGS
i =v / Borrowings in India
I.
i)
ii)
iii)
iv)
i W E /Reserve Bank of India

+x E /Other Banks
+x lB B +Eh /Other Institutions and Agencies
Mh xx n @h Ji /
Subordinated Innovative Perpetual Debt Instrument.

v) Mh @h-+{ ] 2 {V
/
Subordinated Debt - Upper Tier 2 Capital
vi) Mh @h - ] 2 {V
/
Subordinated Debt - Tier 2 Capital
vii) Mh @h-] 2 {V
( III +x{i)/
Subordinated Debt - Tier 2 Capital (Basel III Compliant)
E /Total :
II.
i E =v /Borrowings outside India
E /Total :(I+II)
={H I + II i |ii =v
Secured borrowings included in I & II above
+xS 5 - +x niB B |vx

SCHEDULE - 5 OTHER LIABILITIES AND PROVISIONS
I. n /Bills Payable
+i E Vx (x) /Inter Office Adjustment (Net)

III. ={Si V /Interest Accrued
IV. +lMi E niB / Deferred Tax Liabilities
V. +x (|vx i) /Others (including provisions)
E /Total :
II.
118
6,415,314
4,492,390
3,041,317
2,238,834
5,911,430
5,781,569
599,205
3,738,570
51,170,069
40,348,336
67,137,335
56,599,699
lli/As on
lli/As on
31.03.2015
` '000)
(`
31.03.2014
` '000)
(`
+xS 6 - i W E xEn +
SCHEDULE - 6 CASH AND BALANCES WITH RESERVE BANK OF INDIA
c
I. E
/ Cash in hand
(n E x] i)(including foreign currency notes)
II. i W E /Balances with Reserve Bank of India
- S Ji / -in Current Account
- +x Ji -/in Other Accounts
E /Total :
5,942,902
5,392,339
90,659,328
x/NIL
96,602,230
82,952,116
x/NIL
88,344,455
+xS 7 - E + M il +{ Sx { |{ vx
SCHEDULE - 7 BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE
I. i /In India
i. E /Balances with Banks
801,115
a) S Ji /in Current Accounts
b) +x V Ji /in Other Deposit Accounts
17,456,125
ii.
M il +{ Sx { |{ vx /Money at Call and Short Notice
B/a) E / with Banks
x/NIL
/b) +x l+ /with Other Institutions
x/NIL
E /Total : ( i + ii )
18,257,240
II. i E /Outside India
i. E /Balances with Banks
B/a) S Ji /in Current Accounts
14,289,986
/b) +x V Ji / in Other Deposit Accounts
x/NIL
ii.
M il +{ Sx { |{ vx /Money at Call and Short Notice
B/a) E /With Banks
42,187,269
/b) +x l+ /With Other Institutions
x/NIL
E /Total : ( i + ii )
56,477,255
E /Total : (I+II)
74,734,495
541,903
7,135,171
2,000,000
x/NIL
9,677,074
11,077,509
x/NIL
33,851,984
x/NIL
44,929,493
54,606,567
+xS 8 - x
SCHEDULE - 8 INVESTMENTS
x /Investments in India in
E |ii /Government Securities
ii. +x +xni |ii /Other Approved Securities
iii. /Shares
iv. bS + v {j /Debentures & Bonds
v. +xM il/+l H =t xvx
I. i
i.
Investments in Subsidiaries and / or
457,020,006
499,425,370
464,043
443,354
3,644,623
4,373,601
50,981,218
62,273,782
1,453,949
1,317,852
51,223,550
71,771,363
564,787,389
639,605,322
Joint Ventures
vi.
+x (S+ b, ]+< +n) /

Others ( Mutual Funds, UTI etc. )
E /Total :
119
E x /Gross Investments
P]B : +I i |vx/Less: Provision for Depreciation
x x /Net Investments
III. i E x/Investments Outside India
E /Total : (I+III)
II.
lli/As on
lli/As on
31.03.2015
` '000)
(`
31.03.2014
` '000)
(`
567,765,723
643,479,371
2,978,334
3,874,049
564,787,389
639,605,322
x/NIL
x/NIL
564,787,389
639,605,322
38,770,697
21,795,594
658,327,330
624,388,783
+xS 9 - +O
SCHEDULE - 9 ADVANCES
B/A
i.
G E MB B xB MB /
Bills purchased and discounted
ii.
xEn @h, +b}] + M

{ |in @h /
Cash credits, Overdrafts and
loans repayable on demand
n @h /Term Loans
E /Total :
801,670,403
733,881,350
1,498,768,430
1,380,065,727
1,365,325,217
1,240,127,843
Covered by Bank/Government Guarantees
53,907,990
37,081,953
+|ii
79,535,223
102,855,931
1,498,768,430
1,380,065,727
539,096,600
466,639,200
130,526,556
136,054,604
x/NIL
x/NIL
750,282,016
718,750,343
1,419,905,172
1,321,444,147
36,060,050
13,181,304
9,075,289
877,528
30,697,677
20,984,356
3,030,242
23,578,392
78,863,258
58,621,580
1,498,768,430
1,380,065,727
iii.
/B
i +i u |ii
( @h { +O i)
i)
Secured by tangible assets

(includes advances against book debts)
ii)
E/E |ii u Ii
iii)
/Unsecured
E /Total :
/C. I. i +O /Advances in India
i. |lEi Ij /Priority Sector
ii. VxE Ij /Public Sector
iii. E /Banks
iv. +x /Others
E /Total :
II. i +O / Advances outside India
B/a) E |{ / Due from Bank
/b) +x |{ / Due from others
i) G EB MB B xB MB /
Bills Purchased & Discounted
ii)
E @h/Syndicated Loan
iii) +x /Others
E /Total :
E /Total :(CI+CII)
120
lli/As on
lli/As on
31.03.2015
` '000)
(`
31.03.2014
` '000)
(`
10,677,404
10,399,556
x/NIL
x/NIL
+xS 10 - +S +i
SCHEDULE - 10 FIXED ASSETS
I.
{ ({x Ei { i)
Premises (including Revalued Premises)

i.
vqJoJ;eo JMo fuU 31 S E li fuU ylwmth Mi/

{x Ei {
At cost / Revalued amount as on 31st March
of the preceding year
ii.
iii.
iv.
E n x {x Ei /Revalued during the year

10,723,929
10,677,404
1,070
x/NIL
10,724,999
10,677,404
430,151
384,205
10,294,848
10,293,199
596,632
560,449
9,698,216
9,732,750
316,313
306,915
10,014,529
10,039,665
10,364,178
9,177,586
1,933,061
1,224,708
12,297,239
10,402,294
{x x il E /
Depreciation to date on revaluation
viii. xhvx
II.
129
E il E /
Depreciation to date on book value
vii.
x/NIL
{U vi Vx/
Adjustment Related to previous year
vi.
277,977
10,677,533
E n x E] i / Vx /
Deductions/ Adjustment during the year
v.
46,525
10,723,929
{/Premises under Construction
E /Total
+x +S +i (xS B CS i)
Other Fixed Assets (including Furniture & Fixtures)

i.
{i E 31 S E li E +x Mi {/
At cost as on 31st March of the preceding year
ii.
iii.
iv.
E n x {vx/Additions during the year

E n x E]i /Deductions during the year
39,312
38,116
12,257,927
10,364,178
Mi vi Vx /
Adjustment Related to previous year
il E /Depreciation to date
E /Total:
E /Total :(I+II)
v.
121
x/NIL
x/NIL
12,257,927
10,364,178
8,218,381
7,306,909
4,039,546
3,057,269
14,054,075
13,096,934
lli/As on
lli/As on
31.03.2015
` '000)
(`
31.03.2014
` '000)
(`
x/NIL
x/NIL
11,547,010
12,698,366
3,252,039
155,817
5,286,079
154,972
622,849
x/NIL
6,440,481
22,018,196
10,484,409
28,623,826
25,118,088
20,645,655
1,600
1,600
887,129,248
546,351,544
66,540,817
36,021,101
68,735,584
8,689,572
75,685,041
83,540,012
8,157,037
5,610,524
1,098,652,932
733,574,491
149,657,862
139,118,207
44,863,086
45,625,454
2,022,504
617,715
197,161,167
1,156,716
1,566,448
187,466,825
+xS 11 - +x +i
SCHEDULE - 11 OTHER ASSETS
I. +i E Vx (x) /Inter Office Adjustment (Net)
II. ={Si V /Interest Accrued
III. +O { nk E/
i { E] M E (x)
Tax paid in advance/tax

deducted at source (net)
IV. Jx O B ]{ /Stationery and Stamps
V. n E i] |{i E M< M-EE +i
Non-banking assets acquired
in satisfaction of claims
VI. yg (rJrJ" YJk Wak;) /
Others (Sundries and Suspense)
E/Total :
+xS 12 - +EE niB

SCHEDULE - 12 CONTINGENT LIABILITIES
I. E E r n Vx @h E { E
(+{vx ni +E M i)
II.
III.
x E M
Claims against the bank, not acknowledged as debts

(including disputed Income Tax demands under appeals)
+i: nk x E B ni/Liability for partly paid
investments
E n x n+ E Eh ni/
Liability on account of outstanding
forward exchange contracts
IV.
P]E E + n M< |ii

Guarantees given on behalf of constituents
(i) i /In India
(ii) i E /Outside India
V.
|iOh, {È x + +x viB/

Acceptances, endorsements
and other obligations
VI.
+x n VxE B E
i { Vn
Other items for which the Bank is
contingently liable
E /Total :
+xS 13 - +Vi V
SCHEDULE 13 - INTEREST EARNED
I) +O/ { V/]] /Interest/discount on advances / bills
II)
III)
x { + /Income on investments
i W E + +x +i E
xv { V
Interest on balances with Reserve Bank of

India and other inter-bank funds
IV) yg/Others
E /Total :
122
lli/As on
lli/As on
31.03.2015
` '000)
(`
31.03.2014
` '000)
(`
9,687,319
9,109,903
5,747,847
2,921,530
(51,156)
(44,554)
1,735
465
(459)
(190)
3,843,102
3,043,027
(2,163,099)
(1,306,173)
99,945
2,794,889
92,092
7,841,411
19,960,122
21,657,511
129,251,541
128,553,170
1,037,263
1,770,671
+xS 14 - +x +
SCHEDULE 14 - OTHER INCOME
Ex, x B EV /
Commission, exchange & brokerage
II) x E G |{i /
Profit on sale of investments
I)
P]B& x E {x x { x
Less: Loss on Revaluation of Investment
III)
, x il +x +i E G {
Profit on Sale of Land, Building and Other Assets
P]B& , x il +x +i E G { x
Less: Loss on sale of Land, Building and Other Assets
IV)
x xnx {
Profit on exchange transactions
P]B& x xnx { x
Less : Loss on exchange transaction
V)
i +xM /E{x il / +l H =t <in

<in E { +Vi +
Income earned by way of dividends etc. from Subsidiaries/

companies and / or joint ventures etc. in India.
VI) v + / Miscellaneous Income
E /Total :
+xS 15 - E M V
SCHEDULE 15 - INTEREST EXPENDED
I)
II)
V { V /Interest on deposits
i W E/+i-E =v { V
Interest on RBI/Inter bank borrowings
III)
+x/Others
E /Total :
123
5,093,617
4,029,767
135,382,421
134,353,608
lli/As on
lli/As on
31.03.2015
` '000)
(`
31.03.2014
` '000)
(`
23,072,028
22,450,397
3,805,602
3,281,838
356,329
307,464
274,313
355,801
993,600
818,161
18,255
28,511
188,895
243,854
189,979
189,113
676,543
598,660
+xS 16 - {Sx
SCHEDULE 16 - OPERATING EXPENSES
I)
ES E Mix il =xE B |vx

Payments to and provisions for employees
II)
II)
IV)
V)
VI)
c, E B x /Rent, Taxes and Lighting

ph + Jx O / Printing and stationery
Y{x + |S /Advertisement and publicity
E E {k { +I /Depreciation on Banks property
xnE E , k + /
Directors fees, allowances and expenses
VII)
J{IE E +
(J J{IE i)
Auditors fees and expenses

(including branch auditors)
VIII) v | /Law charges
IX)
X)
XI)
XII)
bE, i, ]x +n / Postages,Telegrams,Telephones etc

i + +xIh / Repairs and maintenance
/Insurance
+x / Other expenditure
E /Total :
124
1,103,335
682,491
1,744,328
1,683,818
4,718,527
3,926,287
37,141,734
34,566,395
+xS - 17 i{h J xi
1. i E +v
k h E, V +xl =Ji x , J E {{Mi
Mi {{] B ={Si +v { il vE |vx B
xi: E J ri E +x{ x M *
Schedule 17 - SIGNIFICANT ACCOUNTING POLICIES
k h EM x +vx 1949 E +iMi xvi

+{I+ E +x{ + i V E (..E) u +
+Yx, +i MEh, |vxEh il +x vi {
V EB MB Mn xn + i xn JE lx
u V J xE B +x =nPh+ il i E EM
=tM |Si J {ri E +x{ *
The financial statements have been prepared in accordance

with requirements prescribed under the Banking Regulation
Act,1949 and confirm to the guidelines issued by the Reserve
Bank of India (RBI) in respect to income recognition, asset
classification, provisioning and other related matters and
Accounting Standards and other pronouncements issued by
the Institute of Chartered Accountants of India and accounting
practices prevalent in the banking industry in India.
n E/J+ E v vE |vx B vi
n |Si {{] E +x{x E Vi *
In respect of foreign offices/branches statutory provisions and

practices prevailing in respective foreign countries are
complied with.
|CEx E ={M
k h E i Ex E B |vx +{Ii E
k h E il E +i + ni+(+EE ni+
i) E {] E M< B {]M +v i {] E M<
+ + E { S Ei B |CCx E B +xx
MB* |vx E E k h i Ex i ={M
EB MB |CEx E{h B Si * {h <x |CEx
z Ei * J |CEx E vx E, V iE E
+xl =Ji x , S B +v i | {
{Sx E Vi *
3. n p v xnx
3.1 i E J+/E i :
(i) n J+ E xx-<]O x +{x E {
MEi E M il =xE k h E xxx
|ni E M :
B) pE B M-pE +i B niB il +EE
niB x BCSV b BBx + <b (b<)
u |iE i E {i { n Vx +i {]
n {*
) V n b< u vi i E {i { +vSi
i +i +i n { {ii E Vi *
2. Use of Estimates:
2.
1. Basis of Preparation:
The financial statements have been prepared under the
historical cost convention and accrual basis of accounting,
unless otherwise stated and are in conformity with the statutory
provisions and generally accepted accounting principles.
The preparation of financial statements requires the

Management to make estimates and assumptions considered
in the reported amount of assets and liabilities (including
contingent liabilities) as of date of the financial statements and
the reported income and expenses for the reporting period.
Management believes that the estimates used in preparation
of the financial statements are prudent and reasonable. Future
results could differ from these estimates. Any revision to the
accounting estimates is recognized prospectively in the current
and future periods unless otherwise stated.
3. Transactions involving Foreign Exchange:
3.1 Branches / Offices outside India
(i) Foreign Branches are classified as Non-integral Foreign
Operations and their financial statements are translated
as follows:
) {h x +i E BE +M Ji n p
] x W J Vi *
(ii)
n li |ixv E E {Sx E <]O x

+{x E { MEi E M il =xE k
h E Mhx xxx E Vi :
B) pE +i B niB, M], Ei, {E x
il +x |iriB b< E nxnx |iE i
E +i |Si {] x n { i {
+E Vi *
a)
Both monetary and non-monetary Assets and

Liabilities as well as Contingent Liabilities at the
closing spot rates notified by the Foreign Exchange
Dealers Association of India (FEDAI) at the end of
each quarter.
b)
Revenue items are translated at the quarterly average

closing rate notified by FEDAI at the end of respective
quarter.
c)
All resulting exchange difference is accumulated in a

separate account Foreign Currency Translation
Reserve.
(ii) Operations of representative offices abroad are classified

as Integral Foreign Operations and their financial
statements are accounted for as follows:
) M-pE n xnx E il { |Si x n {

+E Vi *
) V n E Mhx xnx E il { |Si x
n { E Vi *
125
a)
All monetary Assets and Liabilities, Guarantees,

Acceptances, Endorsements and other obligations are
translated to Indian rupee equivalent at the spot
exchange rates prevailing at the end of each quarter
as per FEDAI guidelines.
b)
Non-monetary items are translated at exchange rate

prevailing on the date of transaction.
c)
Revenue items are accounted for at the exchange

rates prevailing on the date of transaction.
b) {h x +i E B x Ji
M *
(iii) +O E i E |Si h E +iMi MEi
E Vi * +O E v |vx lx v +{I+
+l ..E E xE, V =SSi , E +x E
Vi *
3.2 i JB
(i) n p +i +l niB (BBx+
Vx, <<B Vx, +B Vx <in E +iMi
O E M< V i) + E n x
n+ E i E +i i n p { P
(b<) u lSi n { {ii E Vi *
b< E nxnx n x E E {x x
Vxi /x il x] Ji E V E +iMi n
Vi *
(ii) n p vi + il n E xnx E nx M
x n { {ii E Vi *
(iii) M]
i Ei, {È x + +x ni E
|iE i E +i b< u Si |Si V n {
+E Vi *
4. x
(i) EM xx +vx, 1949 E i +xS E
B E +{I E +x{x i x E |E]Eh E xxJi
U MEi E Vi :
(B) E |ii,
() +x +xni |ii,
() ,
(b) bS B b,
(<) +xM lB/H =t il
(B) +x
(ii) E E x {] E i V E E nxn
E +x ix M MEi E Vi ,
(B) {{Ci iE vi (BS]B)
() G i ={v (BBB)
() { i vi (BSB])
(iii) (B) x, V E
{{Ci iE vi Ex Si , E
{{Ci iE vi E { ME i E Vi *
() x, V G E il 90 nx i r iE {
{xG i vi E Vi , E { i vi
E { ME i E Vi *
() x, V =Ci nx h ME i x , E G
i ={v E { ME i E Vi *
(b) x E G E = {{Ci iE vi,
i vi +l G E B ={v E { ME i
E Vi B h ii{Si }]M xE
nxn E +x{ E Vi *
(<) +xM l+, Ci =t il M l
x E {{Ci i vi E { ME i E
Vi *
(iv) i V E E nxn E +x Ex E |Vx
i xxJi ri +{xB MB
d)
All resulting exchange differences are accounted for

in Profit & Loss Account.
(iii) Advances are classified under categories in line with those

of Indian Offices. Provisions in respect of advances are
made as per the local law requirements or as per the norms
of RBI, whichever is higher.
3.2 Branches in India
(i) Foreign currency balances whether of assets or liabilities
[including deposits mobilized under FCNR Scheme, EEFC
Scheme, RFC Scheme etc.] and outstanding forward
exchange contracts are converted at quarter end rates as
advised by Foreign Exchange Dealers Association of India
(FEDAI).
The resultant profit/loss on revaluation of forward exchange
contracts and NOSTRO accounts is taken to revenue as
per FEDAI guidelines.
(ii) Income and Expenditure items relating to foreign currency
are converted using the exchange rate prevailing as on
the date of transaction.
(iii) Acceptances, endorsements and other obligations including
guarantees are stated at FEDAI advised rates prevailing
at the end of each quarter.
4. Investments:
(i) In conformity with the requirements in Form 'A' of the Third
Schedule to the Banking Regulation Act, 1949, Investments
are classified into the following six groups :
a) Government Securities,
b) Other Approved Securities,
c) Shares,
d) Debentures & Bonds,
e) Subsidiaries/ Joint Ventures and
f)
Others
(ii) The Investment portfolio of the Bank is further classified in
accordance with the RBI guidelines into three categories
viz.,
(a) Held to Maturity (HTM)
(b) Available for Sale (AFS)
(c)
Held for Trading (HFT)
(iii) (a) Investments that the Bank intends to hold till maturity
are classified as Held to Maturity.
(b) Investments that are held principally for resale within
90 days from the date of purchase are classified as
Held for Trading.
(c) Investments, which are not classified in the above two
categories, are classified as Available for sale.
(d) An investment is classified as Held to Maturity, Held
for Trading or Available for sale at the time of its
purchase and subsequent shifting amongst categories
is done in conformity with regulatory guidelines.
(e) Investments in subsidiaries, joint ventures and
associates are classified as Held to Maturity.
(iv) As per RBI guidelines, the following principles have been
adopted for the purpose of valuation
126
(B)
(v)
(vi)
BS]B vi |ii- +Vx Mi {

+Ei +vE +Vx Mi E {{Ci E
+v {vi E Vi *
(ii) Ij Oh E, +xM B H =t x
E J Mi { Ei E Vi *
, +l< <i, n E< , B x E
Ex i |vx E Vi *
() (i) BBB B BSB] h vi |ii E
x G{ E Vi * r/ E |ii
E |iE h Vc Vi + |V xnb E
+x B x Ji x E
{Sx E Vi VE x r E Yx x
Vi *
+x{V |ii (V V/vx 90 nx +vE E
+v E ) E + +Yi x E Vi
il +i MEh E E{h xnhb +{xi B |ii
E +I i Si |vx E Vi + B
+I E +x x{nE |ii r E n ]-+
x E Vi *
(v) In respect of non-performing securities (where interest/

principal is in arrears for more than 90 days) income is not
recognized and appropriate provision is made for
depreciation in the value of the securities by applying
prudential norms of asset classification and such
depreciation is not set-off against the appreciation in
respect of other performing securities.
x E +Vx E Mi
(vi) Cost of acquisition of investments:
z
z
(a) (i) Securities held in HTM at acquisition cost
(i)
The excess of acquisition cost over the face value

is amortized over the remaining period of maturity,
(ii) Investments in Regional Rural Banks, subsidiaries
and Joint Ventures are valued at carrying cost.
Diminution, other than temporary, if any, in
valuation of such investments is provided for.
(b) (i) Securities held in AFS and HFT categories are
valued scrip-wise. Appreciation/depreciation is
aggregated for each class of securities and net
depreciation as per applicable norms is
recognized in the Profit and Loss Account,
whereas net appreciation is ignored.
G< E M< |ii E |ix il

Ex + ]-Bb E E x *
Ex, n, |ii x-nx E il ]{ b]
x *
is net of incentives/commission and front-end fees

received in case of securities subscribed, and
excludes commission, brokerage, securities

transaction tax and stamp duty.
(vii)
x E G |{i /x E B x J
+Yi E Vi * il{ {{Ci iE vi MEh
x E G |{i E i (E
E x + vE +Ii E +ih E x) {V
+Ii Ji xVi E Vi *
(vii)Profit/loss on sale of investments in any category is

recognized in the Profit and Loss Account. However, in
case of profit on sale of investments in HTM category,
an equivalent amount (net of taxes and net of transfer to
Statutory Reserves) is appropriated to the Capital Reserve
Account.
(viii)
x E V E xvh i ]E BCSV E]x

B+<BBbB/{bB+< u |ii n E +{x
Vi * B E]x/n E + V E xvh
B+<BBbB/{bB+< +l i V E u xvi
xnb E +x Si {{Ci |i n { E
Vi *
(viii)For the purpose of determining market value of

investments, Stock exchange quotations or rates put up
by FIMMDA/PDAI are adopted. In absence of such
quotations/rates, the market value is determined by
applying appropriate Yield to Maturity rates as prescribed
by FIMMDA / PDAI or as per norms laid down by the
Reserve Bank of India.
(ix)
h E S |ii E +ih
(ix) Transfer of Securities between categories
(x)
={H { 4 (ii) (E) (M) xn] h E S

|ii E +ih, +ih E il E +Vx Mi/
/V E Ei { xE Vi * B
+ih { , n E< , =E {hi |vx E
Vi *
i V E E nxn E +x z h E
{ E x xxx E Vi *
z
V {
The transfer of securities between categories specified at

para 4 (ii) (a) to (c) above are carried out at the lower of
acquisition cost / book value /market value on the date of
transfer. The depreciation, if any, on such transfer is fully
provided for.
(x) As per RBI guidelines, the different categories of Swaps
are valued as under:
V n {, V V +i + ni+ E S
Ei , E ={Si +v { Vi =
+i +l ni i xq] { E Uc E V k
h V { +l Mi V E
{ Vi *
127
Hedge Swaps
Interest rate swaps which hedges interest bearing
assets or liabilities are accounted for on accrual basis
except the Swaps designated with an assets or liability
that is carried at market value or lower of cost or
market value in the financial statements.
5.
(i)
(ii)
(iii)
6.
(i)
(ii)
(iii)
{ E xx { x +l x E { E
nMi +v +l +i/ni+ E +v E
{ +Yi E Vi *
z
]bM {
]bM { xnx E k h nV {ix E
l V Sxi E Vi *
+O
i +O E xE, +xE, nMv +l xMi E
{ MEi E Vi + i V E u
xvi E{h xnb E +x |vx E Vi *
n J+ EB MB +O E v i V E
u xvi E{h xnb + V n +O nB MB
=xE lx Exx, V +vE Ec , E +x MEi
E Vi *
|E]i +O +xVE +O i EB MB |vx + Si
+O E =Si E E n EB MB |vx E
x i * Si +O E =Si E E |vx
E E nxn E +x x ix { {
Vi *
il{, i V E E nxn E +x xE
+O (={V) i EB MB |vx E +x niB B
|vx E ii E Vi *
+S +i +
Ei{ { E +, Vx =xE {x Ei
n M , b + +x +S +i E =xE
{i Mi { n Vi *
xhvx { E {lE xhvx { E +iMi
n Vi * È n E nB MB +O E +x +i
E +iMi n Vi *
{x Ei +i i +S +i { E
|vx P]i {ri E +v { xxJi n { E
Vi V E |vx u k 2014-15 + +M i
xh M *
G J
Sr. No.
1
2
Gains or Losses on the termination of Swaps are

recognized over the shorter of the remaining
contractual life of the Swap or the remaining life of
the assets / liabilities.
Trading Swaps
Trading Swap transactions are marked to market with

changes recorded in the financial statements.
5. Advances:
(i) Advances in India are classified as Standard, Sub Standard,
Doubtful or Loss assets and provisions for advances are
made as per Prudential Norms of the RBI. In respect of
advances made in overseas branches, advances are
classified in accordance with prudential norms prescribed
by the RBI or local laws of the host country in which
advances are made, which ever is more stringent.
(ii) Advances disclosed are net of provisions made for non
performing advances and provisions in lieu of diminution
in the fair value of restructured advances. The provision
for diminution in fair value of restructured advances is
measured in net present value terms as per RBI guidelines.
(iii) The provision made for standard advances (performing)
in terms of RBI guidelines is however included in Other
Liabilities and Provisions.
6. Fixed Assets and Depreciation:
(i) Premises including Freehold and other Fixed Assets are
stated at historical cost except certain premises, which are
stated at their revalued amount.
(ii) Premises under construction is shown under a separate
heading Premises under Construction. Advances to
contractors is shown under the head Other Assets
(iii) Depreciation on Fixed Assets including revalued assets
is provided as per the following rates on diminishing
balance method as decided by the Management for the
Financial year 2014-15 and onwards
+i E h / CATEGORY OF ASSET
x B {/Building and Premises
x xS n l V, E, +, Ex] (Ii V E <i)
General Furniture items viz., Table, Chair, Almirah, Cabinet etc.
(other than Safe- Deposit Lockers).
6
7
8
13.91
EM x, E x, k x x, ]<{<], BbM x,
b{E]M x, + +x Ex ={Eh
Franking machine, office machinery, weighing machine, typewriter, adding machine,
Duplicating Machine & other office equipments.
18.10
<C]E <]x, {J, <], BE bxM x- BE bx i

Electrical Installation, Fan, Light, Air-conditioning Machinery including- Room
Air-conditioners etc.
n [%]
DEPRECIATION RATE [%]
5.00
b{V] E/Safe Deposit Lockers

]E/Motor Car
<E/Cycle
] x(E x)/Motor Van (Cash Van)
13.91
13.91
25.89
20.00
30.00
128
E{], b] |M x, BB{B { +I E |vx,

i V E E nxn E +x{ v J {ri
+v { 33.33% E n E Vi V ix
+i E +Ji E V E*
(v) {xEi +i E v {xEx E {
+iH +I E E +Ii {V x J
+ii E Vi *
(vi) V b { | E V E +v E n x v
J {ri { {vi E Vi *
(vii) `5000/- iE E {V
Mi v JS Ji - i B
JJ x J Vi *
(viii) E n x G E M</S M</]< M< +i {
lx{i +v { +I E |vx E Vi *
(ix) n J+ E l +i { +I E Mhx = n
|Si Exx E +x E Vi *
(iv)
(iv) On Computers, Data Processing Machines, ALPMs,

depreciation is provided at the rate of 33.33% on Straight
Line Method (SLM) so as to write down the asset value in
three years as per RBI guidelines.
(v) In respect of revalued assets, the amount of additional
depreciation consequent to revaluation is transferred from
Revaluation Reserve to the Profit & Loss account.
(vi) Premium on Leasehold Land is amortized over the period
of the lease on Straight Line Method.
(vii) The Capital Expenditure up to ` 5000/- is debited directly
to Charges Account Repairs & Maintenance.
(viii)Pro-rata depreciation is provided on the assets purchased
/ sold / discarded during the year.
(ix) Depreciation on Fixed Assets of Foreign branches is
provided as per the applicable laws prevalent in that
country.
7.
+i +i (E{] }])
7.
(i)
E{] i }], V ] }] E x E{]

{Si x Ei, r b E +z M , il
+S +i x Vi * V }] b E +z
+M x E{] }] E +i +i x
Vi *
b |{i E{] }] E i +i +i x
VM V }] E /Mi `10 J +vE *
< |E E +i +i =xE G +v E n x
+vEi n E +v iE {vi E Vi *
(i) Software for a computer that cannot operate without that

specific software is an integral part of related hardware
and is treated as fixed assets. Where the software is not
an integral part of the related hardware, computer software
is recognised as an Intangible Asset.
ES
E x ES E v +{x ni+ E xi i
i xn JE lx u V J xE
15(vi)- ES M E *
8.
nPv {i ES E |i ni E xvh
i + E +i ij EE u +vi
Vx+ E xvx v E E xi Ji v E
{x Ei B + xS =Ji xi E +x
{Vi <E< |h E |M Ei B Sx MB z
EE {xx u E Vi *
(ii) Liability towards long term defined employee benefits is

determined based on actuarial valuation by independent
actuaries at the quarter as well as in year-end by using
various Actuarial Assumptions chosen following the
modalities documented in the Banks Policy on Funding
Superannuation Schemes and the Projected Unit Credit
method as per policies mentioned herein below:
(ii)
8.
(i)
(ii)
Intangible Assets (Computer Software):
(ii) Computer software acquired from vendors is recognised

as Intangible Asset only if the value /cost of the software
is more than ` 10 Lakhs. Such intangible assets are
amortised over its effective life subject to a maximum
period of ten years.
Employee Benefits:
(i) The Bank has applied Accounting Standard 15(Revised)

- Employees Benefits, issued by the Institute of Chartered
Accountants of India, for recognition of its liabilities in
respect of employee benefits.
B. OS]
E lli OS] Mix +vx, 1972 / {S]/
xx E |vx E v +{x ES E
xk +l i +l {i +n E OS]
E Mix Ei * OS] E Mix i E E +nx
Vi xv E JJ +iE ]] u E Vi * E
< xv +{x +nx OS] E v +{x ni E
EE x E +v { Ei *
. {x (B<{+)
a.
<n E (ES) {x xx, 1995 (B<{+1995) E +iMi E =x ES E {x E Mix

Ei Vxx < xx E +iMi {x E E{ n
+ =x ES E V E 29.09.1995
31.03.2010 E +v E n x +B * < Vx ix
The Bank pays pension under Allahabad Bank

(Employees) Pension Regulations, 1995(ABEPR-1995) to
employees, who exercised option under the Regulations
and also to Employees joining the Bank Service during
the period from 29.09.1995 to 31.03.2010. The plan
129
Gratuity:
The Bank pays gratuity in case of retirement or death or

resignation or termination etc. of its employees, having
regard to the provisions of Payment of gratuity Act, 1972 /
Service Awards / Service Regulations, as the case may
be. A fund created out of Banks contribution is maintained
by an in-house Trust for payment of gratuity. The Bank
makes contribution to this fund on the basis of actuarial
valuation of its liability.
b.
Pension (ABEPR):
+ +E E +v {, xk/i, V
, E li <x ES E E +v { {x nx
E |vx * {x E Ji +xv { {x E
+vEi 1/3 E {ii Ex E |vx * {ii
{x 15 {h x E {Si {x: S E Vi *
B<{+-1995 E +iMi ES xv E
E +nx E {j x * {x E Mix i E E +nx
Vi xv E JJ +iE ]] u E Vi *
{.B. E EM i ES E ix E 10% E
vE E +nx E +iH E < xv +{x
+nx {x E v +{x ni E EE x E
+v { Ei V E +xni EE u E
Vi *
. U^ E i (BB)
provides for a pension / family pension on monthly basis

in respect of these employees on their retirement / death,
as the case may be, based on the salary and qualifying
service of the respective employees. There is also
provision for commutation of pension to a pensioner,
against written request, to the maximum extent of 1/3rd of
Basic Pension. The commuted basic pension is restored
after completion of 15 years of commutation. Employees
covered under ABEPR 1995 are not eligible for Banks
contribution to Provident Fund. A fund created out of Banks
contribution is maintained by an in-house Trust for payment
of Pension. The bank makes contributions to this Fund on
the basis of actuarial valuation of its liability in respect of
Pension, which is conducted by approved Actuary, in
addition to the statutory monthly contribution of 10% of
Pay of the covered employees, ranking for PF.
c.
v ES E |nx E Vi + < =tM

Zi/+b E +x - { lvi
x E +x Vx E +iMi l{i vi
ES E { E n E v EB MB j
E |i{i * M xvE Vx + E +{x
Vx E +iMi U^ E i ni E v |vx
EE x E +v { Ei * x |iE
i E +xni EE u E Vi * BB
vi Mix E E B x Ji E Vi *
b. U^ xEnEh
(iii)
(iv)
(v)
9.
This facility is granted to the employees and extends to

reimbursement of travelling expenses incurred for the
family members of the employee concerned, as defined
under the Scheme, in terms of service rules as amended
from time to time as per Industry wide Settlements /
Awards. It is a non-funded scheme and the Bank maintains
a provision on account of its liability in respect of Leave
Fare Concession under the Scheme on the basis of
actuarial valuation, which is conducted by approved
Actuary. Payment in respect of LFC facility is made through
the Profit and Loss Account.
d. Leave Encashment:
E BB v E ={M Ex ES E
E S E E +vEi 30 nx E vE U^
E xEnEh E +xi |nx Ei * xk +l
i x { ES E Ji V vE U^, +vEi
240 nx E xEnEh E +xi n Vi * ES
u iM{j nx E xEnEh E
vE U^ E 50% + +vEi 120 nx iE i *
M xvE Vx + E < Vx E +iMi U^
xEnEh ni E v |vx EE x E +v
{ Ei x E +xni EE u E
Vi * B U^ xEnEh E Mix E E -x
Ji E Vi *
xv E v E +v i xv E M
+nx E { +Yi E Vi + +
x Ji |i E Vi *
nxE 27.04.2010 E =tM- Zi/Ci x] E +x
nxE 01.04.2010 E +l n E E +B
ES {i +nx xk Vx *
+{v ES E = E x J +]]Ei
E { +Yi E Vi V vi
B |nx E Vi *
+ + E +Yx
(i)
Leave Fare Concession (LFC):
The Bank permits encashment of Privilege Leave balance

to it's employees availing LFC facility, up to the maximum
limit of 30 days leave in a block of four years of service.
Encashment of privilege leave standing to the credit of an
employee is also permitted in case of retirement or death
subject to a maximum of 240 days. In case of resignation
from the service by an employee, such encashment is
restricted to 50% of the balance of privilege leave subject
to a maximum of 120 days. It is a non-funded scheme
and the Bank maintains a provision on account of its leave
encashment liability under the Scheme on the basis of
actuarial valuation, which is conducted by approved
Actuary. Payment of such leave encashment is made
through the Profit and Loss Account.
(iii) In respect of Provident Fund, the contribution for the period
is recognized as expense and charged to Profit & Loss
account.
(iv) In terms of Industry wide Settlement/Joint Note dated
27.04.2010, employees joining the services of the Bank
on or after 01.04.2010 are covered by defined contribution
retirement benefit scheme.
(v) Short-term employee benefits are recognized as an
expense at an undiscounted amount in the Profit and Loss
Account of the year in which the related services are
rendered.
9.
+- E xi: ={S +v { E Vi
130
Recognition of Income and Expenditure:

(i) Income and Expenditure are generally accounted for
on accrual basis unless otherwise stated.
(ii)
+x{V +i E { MEi +O { V il
+x + E E j iE +xvi E Vi *
E E { { V |{i + + V E E
Mhx vi E xvh +vE u +n V EB
Vx E Vi *
10. {]]
E u |{i EB E ={Si +v { -x J +Yi
E Vi *
{Sx {]] { M< +i i {]] E Mix -x
J E { +Yi E Vi *
11. |i +Vx
11.1 E |i <C] E + b<]b +Vx E
{] i xn JE lx u V J
xE 20 |i +Vx E +x Ei * |i
E +Vx E Mhx i <C] vE
{ +{ E {Si x E i E
<C] E i +i J M nE E
Vi *
11.2 |i b<]b +Vx i b<x E |ii
Ei V = li Ei n <C]
V Ex i |ii +l +x n+ E E
n x |M E Vi +l {ii E Vi
* |i b<]b +Vx E Mhx <C] E
i +i J + E +i E b<]b
<C] E |M E E Vi *
12. Evx
(ii) Interest and Other Income in cases of Non Performing

Assets/Investments are recognized to the extent
realized.
(iii) +
(i)
E i |vx S (xxi E{E E (]) i) +

+lMi nx E i E Vi * E M + { S
E E |vx, |V E n + E x E |M EE
E Vi * J xE 22 E +x{x : i E xn
JE lx u V + { E i J,
+i E Eh =i{z +lMi E +i + niB, V
{i +v |iix E M , ix {j E il iE
xB MB n x Vx E x + E n E
|M EE +Yi E Vi *
(ii)
xxi E{E E (]) V E +i E { i x

VBM V B {] |h E E +-E +vx 1961
E ii xn] +v E +n x E E Mix E nM*
xEn B xEn i
xEn B xEn i l xEn + B]B xEn,
i W E , +x E + M il +{ Sx
{ vx *
13.
14.
+i E Ih
(iii) Income from interest on refund of Income Tax and on

Interest Tax are accounted for in the year in which it is
received.
10. Lease:
Rentals received by the Bank are recognized in the profit and
loss account on accrual basis.
Lease payments for assets taken on operating lease are
recognized as an expense in the profit and loss account.
11. Earnings Per Share:
11.1 The Bank reports Basic and Diluted Earnings per
Equity Share in accordance with Accounting
Standard 20 Earnings per share issued by the
Institute of Chartered Accountants of India. Basic
earnings per Share are computed by dividing the
net profit after tax for the year attributable to equity
shareholders by the weighted average number of
equity shares outstanding for the year.
11.2 Diluted Earnings per Share reflect the potential
dilution that could occur if securities or other
contracts to issue equity shares were exercised or
converted during the year. Diluted Earnings per
Share are computed using the weighted average
number of equity shares and diluted potential equity
shares outstanding at year end.
12. Taxation :
(i) Provision is made for both current tax (including Minimum
Alternative Tax - MAT) and deferred tax. Current tax is
provided on the taxable income using applicable tax rate
and tax laws. In compliance with Accounting Standard 22:
Accounting for Taxes on Income issued by the Institute
of Chartered Accountants of India, deferred Tax Assets
and Liabilities arising on account of timing differences and
which are capable of reversal in subsequent periods are
recognised using the tax rates and the tax laws that have
been enacted or substantively enacted till the date of the
Balance Sheet.
(ii) Minimum Alternative Tax (MAT) credit is recognised as an
asset only when and to the extent there is convincing
evidence that the Bank will pay normal income tax during
the period specified under the Income Tax Act, 1961.
13. Cash and Cash equivalents:
Cash and cash equivalents include cash on hand and in ATMs
and balances with RBI, balances with other banks and money
at call and short notice.
14. Impairment of Assets:
+S +i ({x Ei +i i) { Ih x (n
E< ) E +Yi E M il i xn JE
lx u V J xE 28 +i E Ih E +x
B x Ji |i E Vi *
Impairment losses (if any) on Fixed Assets (including revalued

assets) are recognized and charged to Profit & Loss Account
in accordance with the Accounting Standard 28 Impairment
of Assets issued by The Institute of Chartered Accountants of
India.
131
15.
|vx,+EE niB il +EE +i
15. Provisions, Contingent Liabilities & Contingent Assets:
(i)
i xn JE lx u V J xE 29
|vx, +EE niB B +EE +i E +x{
E |vx i +Yi Ei V
(i) In conformity with AS 29 Provisions, Contingent Liabilities

and Contingent Assets, issued by the Institute of
Chartered Accountants of India, the Bank recognizes
provisions only when
(ii)
B. E {U P]x E {h{ ix ni
=i{z i
. E +lE vx E |
ni E vx i +{Ii M +
a.
it has a present obligation as a result of a past event;
b.
it is probable that an outflow of resources embodying

economic benefits will be required to settle the
obligation; and
. V ni E E x +xx E V Ei
*
xxJi E B |vx +Yi x E Vi;
c.
when a reliable estimate of the amount of the

obligation can be made.
(ii) No provision is recognized for
B) {U P]x+ =i{z E< i ni + VE

+ii = P]x E x +l x x { x
EM +l E B +xSi P]xB V {hi
E E xjh x *
a) Any possible obligation that arises from past events

and the existence of which will be confirmed only by
the occurrence or non-occurrence of one or more
uncertain future events not wholly within the control
of the Bank; or
) E< ix ni V {U P]x+ =i{z +

= +Yi x E M CE :
i. x E +lE vx E
| ni E vx i +{Ii M +l
b) Any present obligation that arises from past events

but is not recognized because
ni E E x +xx x E V
Ei *
+EE ni+ E xi +i { xvh E Vi
+ ni E E = M E B |vx E Vi
VE B +lE vx E | ,
=x +ii +vh {li E Uc E, V ni E
E x +xx x E V Ei *
ii.
iii)
iv)
k h +EE +i E +Yi x E
Vi , CE <E {h{ B + E +Yx
Ei V E x V Ei*
i.
it is not probable that an outflow of resources

embodying economic benefits will be required to
settle the obligation; or
ii.
a reliable estimate of the amount of obligation

cannot be made.
(iii) Contingent Liabilities are assessed at regular intervals and

only that part of the obligation for which an outflow of
resources embodying economic benefits is probable, is
provided for, except in the extremely rare circumstances
where no reliable estimate can be made.
(iv) Contingent Assets are not recognized in the financial
statements as this may result in the recognition of income
that may never be realized.
132
+xS - 18 J ]{{h
1.
SCHEDULE - 18 NOTES ON ACCOUNTS
i V E E nxn E +x{ ={V il +x{V

+O i {{i |vx E M *
2.1. ]
1.
Adequate provision has been made by the Bank in respect

of performing and non-performing advances in terms of
Reserve Bank of India (RBI) guidelines.
+ lx vx Ji, x] Ji, J |h
=Si Ji i z +i J, +i E Ji + B]B
xnx BE ii |G + |Gvx * 31 S, 2015
E {i E k {h { ={H E |, n E<
, |vx E i{h x M *
2.1. The reconciliation of various inter-branches, inter-bank

accounts, including National and Local Clearing account,
NOSTRO account, Branch System Suspense account and
ATM transactions is an ongoing process and is under
progress. The impact of the above, if any, on the financial
results for the year ended 31st March, 2015, in the opinion
of the management will not be significant.
2.2 (i)
31.03.1997, 31.03.2005 il 31.03.2007 E {i

B Ei{ { E {x Ex +xni EE
E {] E +v { E M + G: `125.99
Ec (hVE B +), `370.08 Ec (hVE
B +) il `298.32 Ec (hVE) E =vM
vx E {x x +Ii E V E M*
|iE {x Ei { { E {Ex
+Ji { E M* {x Ex E Eh `3.62
Ec (Mi `3.87 Ec ) E +iH E
{x Ex +Ii Ji +ii E +xS .14
n (vi) +x + E +iMi v + n
M *
2.2 (i) Certain premises were revalued on the basis of the

reports of the approved valuers during the year ended
on 31.03.1997, 31.03.2005 and 31.03.2007 and
upward revision amounting to `125.99 Crore
(commercial and residential), `370.08 Crore
(commercial and residential) and `298.32 Crore
(commercial) respectively had been credited to
Revaluation Reserve. Depreciation on Revalued
premises is worked out each year on its written down
value. Additional depreciation of `3.62 Crore (previous
year `3.87 Crore) on account of revaluation has been
transferred from Revaluation Reserve Account and
shown in Miscellaneous Income under the head Other
Income included in Schedule No. 14 item (vi)
(ii)
V Jb E +M Mi ={v x , B
+I E Jb il x E Mi { |i
E M *
(ii) Depreciation has been charged on composite cost

of Land and Building, where separate cost of land is
not available.
(iii)
V Mi ={v x , {]] +v i
{]]vi { | E {vx Mi +v {
+l +Ji { E M *
(iii) Premium on leasehold land has been amortized over

the period of lease, based on cost or written down
value, where original cost is not available.
(iv)
xxJi {k E {VEh E +{SEiB {

E Vx *
(iv) Registration formalities are yet to be completed for

the following properties:
E. 1990 + 1998 E n x EEi B x

G: 29 + 10 }] n (2) + {k
Jn M< VxE Mi `1.86 Ec *
a. Two (2) residential properties purchased during the

year 1990 & 1998 at Kolkata & Bhubaneshwar
consisting of 29 & 10 flats respectively with total
original cost of `1.86 Crore.
J. E x r M {]x 1.01BEc
07.09.1917 E E {]] { +]i E l*
{ E E E { * {U {]] 07.09.2012
E {i M* 07.09.2012 30 E
+iH +v i {]] E xEh E B Mix
`70.70 J E BEi | u + `7.07
J E EB E n E E Mix
E M* E u {]] J E x{nx
E |Gvx * E x V bb E x{nx
E v ]{ b] Mi + +x v | E
{ `105.06 J V E *
b. The Govt.of Bihar had allotted 1.01 acre of land at

Budh Marg Patna on lease to the Bank
w.e.f.07.09.1917. Bank is having its office complex
there. Last lease expired on 07.09.2012. Payment
for renewal of lease for further period of 30 years w.e.f.
07.09.2012 by payment of one time premium of
`70.70 lacs and annual rent @ `7.07 lacs has been
made to the Govt. of Bihar. The matter for execution
of lease deed by the Govt.of Bihar is under process.
Bank has deposited the cost of stamp duty and other
legal charges of `105.06 lacs in connection with
execution of lease deed.
M. {n{, +b 02.04.2013 24 +
] 17520 M ] Ij E + {] E
{]] E xEh E {n{ {] ]] ({{])E
l =` M + =xE Svx *
c. Renewal of lease of residential plots of land

measuring 17520 sq.ft area at Paradeep, Odisha
having 24 residential flats w.e.f. 02.04.2013 has been
taken up with Paradeep Port Trust (PPT) and is under
their consideration.
133
(v)
+i +i i +x +i E h xxx
:
(v) Other Assets include intangible Assets, details of

which are as under.
(` Ec )
h / Particulars
E n x Vc / Additions during the year
E n x {vi / Amortized during the year
<i / Closing Balance
34.47
33.72
35.86
10.19
8.68
9.44
61.65
34.47
(iii)
i V E E nxn E +x `25.10
Ec (Mi `3.28 Ec ) E , V E b ]
S] h |ii E G x E
x , E {V |Ii Ji +ii E M
*
(iii) As per RBI guidelines, an amount of `25.10 Crore

(Previous Year `3.28 Crore) being an amount
equivalent to profit on sale of 'Held to Maturity'
category securities (net of transfer to statutory
reserve) is transferred to 'Capital Reserve AccountInvestment'.
(iv)
V E i{h J xi J 4 (iv) (E) =Ji

, b ] S] h E E n x
{vi |ii E +Ei E >{ `61.52
Ec (Mi `61.37 Ec) E +iH +Vx
Mi il V x { + P]E ..E
E xnx -x Ji E +Vi V E
+iMi n M *
(iv) In respect of 'Held to Maturity' category as stated in

significant Accounting Policy No. [ 4 (iv) (a)], the
excess of acquisition cost over the face value of the
security amortized during the year amounting to
`61.52 Crore (Previous year `61.37 Crore) has been
netted-off from Income on Investment shown under
the head "Interest Earned" of Profit and Loss Account
in terms of RBI guidelines.
E x E n x Vx ]bM E B E< k{h x

E + x E +i E |iiEh E *
2.4. The Bank has not made any financing for margin trading
during the year and also not securitised any assets.
E E nxn E +x |E]Eh
3.1.
{V
(ii) Total Investments made in shares, convertible

debentures and units of equity linked mutual fund/
venture capital funds and also advances against
shares aggregate to `667.81 Crore (Previous year
`916.91 Crore).
3.
Disclosure in terms of RBI guidelines:
3.1 Capital
i V E E {{j b+b.{..88/21.06.201/
2012-13 nxE 28 S 2013 E +x -*** x E
+iMi Mhx EB MB {V {{ii +x{i E h xxx
:
In terms of RBI Circular DBOD.BP.BC.88/21.06.201/2012-13

dated 28 March, 2013, the details of Capital Adequacy Ratio
computed under Basel-III regulations are as under;
h
Particulars
ii)
iii)
iv)
v)
/ F.Y. 2013-14
2.3. (i) In respect of Investments of face value of `4.03 Crore

(Previous year `0.44 Crore), the Bank is yet to receive
scrips/certificates.
`4.03
3.
i)
/ F.Y. 2014-15
Ec (Mi `0.44 Ec ) E +Ei E

x E v E E + G{/]E] |{i
Ex *
(ii) , {ix bS il <C] Vc S+
b/S E{] b E x] i E {I
+O E x `667.81 Ec (Mi `916.91
Ec ) *
2.3. (i)
2.4.
/(` in crore)
(` Ec )
/(` in crore)
k /F.Y.
k /F.Y.
2014-15
2013-14
7.57
7.71
2.74
10.45
7.35
7.51
2.45
9.96
60.83
58.90
x <C] ]-1 {V +x{i (%)

Common Equity Tier 1 capital ratio (%)
]-1 {V +x{i (%) /Tier 1 capital ratio (%)
]-2 {V +x{i (%)/Tier 2 capital ratio(%)
E {V +x{i(+B+) (%)/Total Capital ratio (CRAR) (%)
i E E vh E |iii/
Percentage of the shareholding of the Government of India
134
h
Particulars
k /F.Y.
k /F.Y.
2014-15
2013-14
=M M< <C] {V E /
vi)
Amount of Equity Capital raised
320.00
(| i) /
400.00
(| i) /
(including premium) (including premium)
=M M< +iH ]-1 {V E , V
vii)
Amount of additional Tier 1 capital raised; of which

{.Bx..{.B/PNCPS:
{b+</PDI:
viii) =M M< +iH ]-2 {V
E , V /
Amount of Tier 2 capital raised; of which
b] {V Ji/Debt capital instrument:
x/NIL
x/NIL
x/NIL
x/NIL
500.00
x/NIL
x/NIL
x/NIL
+vx {V Ji ({{S+ C] |
({{B)/ (b xx-C] | )
(+Bx{B) / (b C] |
(+{B) )
/Preference Share Capital Instruments: (Perpetual
Cumulative Preference Shares (PCPS)/Redeemable
Non-Cumulative Preference Shares(RNCPS)/ Redeemable
Cumulative Preference Shares (RCPS)
-** xnb E +x +B+ E |E]x xxx :
The disclosure of CRAR as per BASEL-II norms are given

below:
G . h
Sr. No Particulars
+B+ (%)/CRAR (%)

+B+ ]-1 {V (%) /CRAR-Tier 1 Capital (%)
+B+ ]-2 (%) CRAR-Tier 2 Capital (%)
i.
ii.
iii.
3.2.
k /
k /
F.Y. 2014-15
F.Y. 2013-14
10.52
10.26
7.78
7.67
2.74
2.59
(` Ec )
/ Investments
/(` in crore)
k /F.Y.
k /F.Y.
2014-15
2013-14
Particulars
x E /Value of Investments
(i) x E E /Gross Value of Investments
(B/a)i /In India
(/b)i /Outside India
(ii) +I i |vx / Provisions for Depreciation
(B/a)i /In India
(iii) x E x / Net Value of Investments
(B/a)i /In India
(2) x { +I E { vi |vx E Sx
(1)
Movement of provisions held towards depreciation on investments.

(i) +l /Opening balance
(ii) Vc: E n x E M |vx /Add: Provisions made during the year
(iii) DxtYk& rlJuN fuU yvtuFl fuU rtY ={M E M |vx
Less: Write off/ write back of excess provision during the year
(iv) DxtYk& |ii E }]M +ii
Less: Amount transferred on account of shifting of securities
(v) <i / Closing balance
135
56776.57
x/NIL
64347.93
x/NIL
297.83
387.40
x/NIL
x/NIL
56478.74
x/NIL
63960.53
x/NIL
387.40
x/NIL
311.08
137.67
89.57
x/NIL
x/NIL
61.35
387.40
297.83
3.2.1
{ xnx (+Ei E { ) / Repo Transactions (in face value terms)

E n x
E n x
h
Particulars
xxi E
+vEi E
Minimum
Outstanding
during the year
Maximum
outstanding
during the year
{ E +iMi S M< |ii /Securities sold under repo

E |ii /Govt Securities
E{] @h |ii /Corporate Debt Securities
{ E +iMi Jn M< |ii /
(i)
(ii)
Securities purchased under reverse repo

(i) E |ii/Govt. Securities
(ii) E{]
@h |ii /Corporate Debt Securities
(` Ec )/(` in crore)
E nx
nxE +i
E
Daily Average
outstanding
during the year
31.03.2015
E lli
E
Outstanding
As on
31.03.2015
8.32
0.00
2808.00
0.00
192.80
0.00
925.60
0.00
41.60
0.00
2392.00
0.00
285.54
0.00
468.00
0.00
3.2.2 M-BB+ x {] / Non-SLR Investment Portfolio

i) nxE 31.3.2015 E lli M-BB+ x E VEi P]x / Issuer composition of Non SLR investments as on 31.03.2015
(` Ec ) / (` in crore)
G..
VEi
xV {]
E mebt
"" <x]] Ob""

|ii E mebt
""+x ]b""
""+x ]b""
|ii E mebt |ii E mebt
Sl No
Issuer
Amount
Extent of
Private
Placement
Extent of Below
Investment
Grade Securities
Extent of
Unrated
Securities
(1)
(i)
(ii)
(iii)
(iv)
(v)
(2)
(3)
(4)
(5)
Extent of
Unlisted
Securities
(6)
(7)
{B / PSUs
k lB /FIs
E / Banks
|<] E{]/
3728.92
1511.64
3571.23
2143.99
1168.28
1384.09
0.00
46.49
5.68
0.00
0.00
0.00
0.00
32.50
0.00
Private Corporate
1783.70
1425.85
465.14
231.28
736.79
171.27
258.21
11024.97
171.27
174.69
6468.17
0.00
0.00
517.31
0.00
0.00
231.28
171.27
43.06
983.62
+xM lB /
H =t
Subsidiaries /
Joint Ventures
(vi) +x/Others
={E/ Sub-total
i E
M |vx
Provision held towards

Depreciation
294.64
E /Total
10730.33
x]: E 4,5,6 + 7 E +iMi {] E M< {{ BEiE x /

Note: Amounts reported under columns 4, 5, 6 and 7 above are not mutually exclusive.
/ Shares
ii) bS B xb / Debentures and Bonds
iii) +xM B H =t / Subsidiaries and Joint Ventures
iv) +x / Others
E /Total
ii) M-x{nE M-BB+ x/Non performing Non-SLR investments
h
i)
Particulars
+l- / Opening balance
E n x {vx 1 +| / Additions during the year since 1st April
=H +v E n x E / Reductions during the above period
<i- / Closing balance
vi E |vx / Total provisions held
136
623.87
5107.47
171.27
5122.36
11024.97
k /F.Y.
2014-15
21.05
52.09
16.00
57.14
17.86
k /F.Y.
2013-14
0.90
20.15
0.00
21.05
7.45
3.2.3 BS ] B h E / G B +ih& E n x 3.2.3 Sale & Transfer to/from HTM category: All sales and
BS]B h /E G E | E 5% E transfers to/from HTM category during the year are within the
limit of 5% of book value at the beginning of the year.
E +n *
3.3. b] / Derivatives
(` Ec ) /(` in crore)
3.3.1. b n E/V n { / Forward Rate Agreement / Interest Rate Swap
h
k /F. Y.
k /F. Y.
Particulars
(i)
(ii)
{ E E xx vx / Notional principal of swap agreements

+M E E +iMi |i{I +{x Sxri+ E { Ex
i = x P]
Losses which would be incurred if counterparties failed to
fulfill their obligations under the agreements
(iii)
{ x { E u Ui {E
Collateral required by the bank upon entering into swaps
(iv)
{ x @h VJ { E xpEh
(v)
Concentration of credit risk arising from the swaps

{ E E =Si / Fair value of the swap book
3.3.2. BCSV ]bb V n b] : x

({U : x)
3.3.3. b] VJ BC{V vi |E]Eh
MhiE |E]Eh
E E ]V J {Sx E ix EiE Ij l, ]
+, b + B E + E { H E M
Vx {i =kni B E+{ E E l |Ii
+vE |nx E M *
E E ]V B b] xi k b] Ji, ={M
E Ij, +xnx |G i @h B l +{x {Vx
, +E B ]{ E l +xni
Ji ]bM i |iVi +vE hi * xi G
E ||<] ]bM {Vx E n Jn/G i E
+l {] +{x E Jn/G B +{x OE E E u E
] E EM E +vvx b] =i{n |nx Ex E +xi
*
] + {Vx E b x{ni Ei VE b
+ ]bM E xnx E xMx Ei il +M +iH
{lx i i = =SSi |vE E VxE
Vi * b + {E ={Eh l, B]B, B+, ExC]
B {vi E v nxE +v { xnx i k
VJ E { Ei * +Ec E {]M VJ |vx
M E E Vi V +i B ni |vx vi xnE
E i E VJ |< +Mi Ei * E +
|i{I {] i b E x{] Ei *
E +i +l ni E { xq] {, V V
+l Mi E +l k h V { E
Vi , E Uc E V +i +l ni+ E |iI
Ex V n { E |ni +v { Jr E Vi
* { {i x { +l P] E { E nMi
EE +l +i/ni+ E EE E { Ei
E Vi * xnx E |i{I {] E B E{] lB
il E Vx b +xni BC{V + E +n
* + +Yx, | B bE=] E B i W E,
b< B B+<BBbB u - { V nxn E
+xh E Vi *
3.3.2
2014-15
2013-14
500
500
x /NIL
x /NIL
Banking
Banking
x /NIL
x /NIL
(2.47)
(18.31)
Exchange Traded Interest Rate Derivatives: NIL

(Previous year: NIL)
3.3.3 Disclosures on risk exposure in derivatives

Qualitative Disclosure
Operation in the Treasury Branch of the Bank are segregated
in three functional areas i.e. Front Office, Mid Office and Back
Office, which are provided with trained officers with defined
responsibilities and back up roles.
The Treasury Policy & Derivative policy of the Bank lays down
the type of financial derivatives instruments, scope of usages,
approval processes as also the limits like the open position
limits, deal size limits and stop loss limits besides delegated
power for trading in the approved instruments. The policy also
allows purchase / sale of call or put options to hedge cross
currency proprietary trading positions and to offer derivative
products to its customers subject to back to back covering by
the Bank.
The Front Office takes positions and executes the deals while
the Mid Office monitors the transactions in the trading book
and deviations of excesses, if any, are brought to the notice of
higher authorities. The Mid office also measures the financial
risk for transactions on a daily basis through measurement
tools such as MTM, VAR, Convexity and Modified Durations.
The figures are reported to Risk Management division, which
appraises the risk profile to the Assets and Liability
Management committee. The Back office settles all the deals
with counter parties.
Interest Rate Swaps which hedge interest bearing assets or
liabilities are accounted for on accrual basis except the Swaps
designated with an asset or liability that is carried at market
value or lower of cost or market value in the financial
statements. Gains or Losses on the termination of Swaps are
recognised over the shorter of the remaining contractual life
of the Swap or the remaining life of the assets/liabilities. Trading
Swap transactions are marked to market with changes
recorded in the financial statements. The counterparties to the
transactions are Banks and corporate entities and deals
undertaken are within the approved exposure limits only. The
guidelines issued by RBI, FEDAI & FIMMDA from time to time
for recognition of Income, Premium and Discount are followed.
137
(` Ec )
{hiE |E]Eh / Quantitative Disclosures

G..
Sl No
Particulars
(i)
b] (xx )/ Derivatives (Notional Principal Amount)

B) VM E B / a) For hedging
) ]bM E B / b) For trading
btfUoTz ] E] {Vx (1)/ Marked to Market Positions (1)
B) +i (+) / a) Asset (+)
) ni / b) Liability (-)
@h BC{V (2)/ Credit Exposure (2)
V n BE |ii E {ix E | (100*PV01)
(ii)
(iii)
(iv)
Ex
b<]
V n
b<]
Currency
Derivatives
Interest rate
derivatives
x/NIL
x/NIL
x/NIL
500.00
500.00
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
0.03
0.03
Likely impact of one percentage change in interest rate (100*PV01)

B) VM b] { / a) on hedging derivatives
(v)
) ]bM b] { / b) on trading derivatives

E n x { M 100*PV01 E +vEi B xxi
Maximum and Minimum of 100*PV01
observed during the year
B) VM { / a) on hedging
) ]bM {
Maximum
Minimum
Maximum
Minimum
/ b) on trading
/(` in crore)
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
+i Mhk / Asset Quality

3.4.1 +x{V +i / Non-Performing Assets
2.47
x/NIL
0.15
0.03
0.15
0.03
x/NIL
3.4
k /F.Y.
h
Particulars
(i)
(ii)
(iii)
(iv)
k /F.Y.
2014-15
2013-14
3.99
4.15
8068.04
5021.31
4731.39
8357.96
5136.99
6021.22
3090.17
8068.04
5721.81
2959.18
2702.10
5978.89
4126.76
6021.22
4426.17
5721.81
2346.23
1010.23
1998.90
2030.81
63.23
2029.29
x/NIL
2379.07
2346.23
x +O x Bx{B
(%) /
Net NPAs to Net Advances (%)
Bx{B E Sx (E) / Movement of NPAs (Gross)
(B) +l /(a) Opening balance
() E n x {vx / (b) Additions during the year
() E n x E /( c) Reductions during the year
(b) <i / (d) Closing balance
x Bx{B E Sx / Movement of Net NPAs
(B) +l / (a) Opening balance
() E n x {vx / (b) Additions during the year
() E n x E / ( c) Reductions during the year
(b) <i / (d) Closing balance
Bx{B E |vx E Sx (xE +i { |vx E Uc E)

Movement of provisions for NPAs
(excluding provisions on standard assets)
(B) +l / (a) Opening balance
() E n x EB MB |vx /
(b)
Provisions made during the year
() { B +x |{i |vx
(c)
Provisions received from CCPB & Others

/
(d) Write-off / write-back of excess provisions
(b) +iH |vx E <] +{ /<] E

(<)
(e)
694.81
<i
Closing balance
138
139
{xMì xE +O
V Eh k
E +i =SSi
|vxEh B/+l
+iH {i
M B <B
+M k 14-15 E
| < {xMì xE
+O E { nx
E +Ei x
k 14-15 E nx
{xMì Ji E
k 14-15 E 31 S
E lli {xMì
Ji (+i +Ec)
0.00 24.68
613.15
7.66
7.66
0.00
0.00 192.46
9.31
9.31
16
73.94
0
0.00
7266.37
46
12.71
|vx
=vEi+
E .
-73.94
12.71
E
= {
|vx
13
-1332.77 1332.77
-13
7.35
248.42
0.00
0
0.00
0.00
0.00 24.68
418.38
0
0.00
0.00
0
1
0.00 192.46
24
4559.30
E
= {
E
= {
|vx
=vEi+
E .
=vEi+
E .
= {
|vx
6.42
380.14
7.66
3
3
62.63 133.28
43
4454.85
0.00
0.00
0.00
0.00
0.00
0.00
0
0.00
0.00
0.00
0
0.00
0.00
0
0.00
b+ ij E +iMi
xE +xE nMv
x
31.03.2015
9.69
38
0
0.00
0.00
20.54
19
0.00
637.83
23.49
0.19
0.19
808
2.03
139.19
0.00
2196
0.00
0.00
764
-2.03
-139.19
-19
0.94
0
0.00
0.00
0.00
0
0.00
1.34
7458.84 1138.65
47
29.68
29.68
21
0.00
0.00
7.35
248.42 173.48
0
0.00
0.00
443.06
25 1209
4751.76 1043.07
394.22
0.00
0.00
0.00
0.00
1075
0.00
0.00
0
0.00
0.00
0.00
0
0.00
2.03
0.00
0.00
0.00
0.00
0.00
0.00
0
0.00
0.00
0.00
0
0.00
0.00
0
0.00
BB< @h {xM`x ij E +iMi

xE +xE nMv x
49 1808
789 1075
4650.76 502.71 326.74 88.03
* G J 6 n< M< li {U k vi `1604.41 Ec E {xMì *
k 14-15 E nx
{xSi Ji
E +{Jx
+xx
k 14-15 E nx
{xMì xE
h =xxx
=vEi+
E .
E
= {
|vx
=vEi+
E .
E
= {
|vx
=vEi+
E .
k 14-15 E nx
x {xMì
=vEi+
E .
E
= {
|vx
k 14-15 E 1 +|
E lli {xMì
Ji (|E +Ec)
{xM`x E |E
+i MEh
h
{xM` i +i E lli
G
.
3.4.2.
23.49
1138.65
2196
0.19
0.19
2647
0.00
0.00
0.94
173.48
38
0
0.00
0.00
20.54
1209
1043.07
13.06
3672
917.48
248.42
8321.61
6718
7.90
7.90
5935
-33.99
-981.14
-16
2.53
407.16
21
0
0.00
0.00
125.07
1024
4060.94
164.40
11666
6044.74
+x
nMv
0.00
0.00
0.00
0.00
1248
33.99
981.14
16
0
0.00
0.00
0.00
14.79
0.00
0.00
23.88
23.88
1018
0.00
0.00
0
0.00
0.00
0.00
0
0.00
16.24
1232
1018
737.86 1370.39
xE +xE
0.00
0.00
0.00
0.00
0.00
0.00
0
0.00
0.00
0.00
0
0.00
0.00
0
0.00
248.42
E
nMv
48
0
0.00
0.00
0.00
0
0.00
22.55
8960
20.61
20.61
6701
-109.96
885.06
0.00
0.00
9.50
9.50
2072
109.96
-2453.10 2453.10
-48
10.82
829.06
65
0
0.00
0.00
563.99
2257
9663.31
554.23
24.68
192.47
31.54
31.54
2096
0.00
0.00
0
0.00
0.00
24.68
1
192.46
25.93
13517
2024
2096
11002.30 1127.23 1591.70
xE +xE
8321.61 16726.63
6718
31.78
31.78
8201
0.00
0.00
2.53
407.16
21
0
0.00
0.00
125.07
1024
4060.94
195.43
13916
8152.99
8961
61.65
61.65
10869
0.00
0.00
10.82
829.06
65
0
0.00
0.00
588.67
2258
9855.77
602.71
0.00
909.74
0.00 16919.10
0.00
0.00
0.00
0.00
0
0.00
0.00
0.00
0
0.00
0.00
0
17637
0.00 13721.23
(` Ec )
140
Upgradations to
restructured STD Catg
during the FY2014-15
Restructured STD
adv which cease to
attract higher
provisioning and/or
additional risk weight
at the end of FY and
hence need not be shown
as restructured STD adv
at the beginning of the
next FY 14-15
Downgradations of
restructuring accounts
Amt O/s
Provision
there on
Restructured Accounts
No. of
as on March 31 of the
Borrowers
FY 14-15 (Closing Figures *)
Amt O/s
Provision
there on
Write- Offs of
Restructured accounts
during the FY 14-15
Amt O/s
Provision
there on
No. of
Borrowers
No. of
Borrowers
13
16
73.94
0
0.00
0.00
7266.37
613.15
9.31
46
12.71
166.59 1395.40
-73.94
-1332.77 1332.77
-13
7.35
Provision
there on
0.00
0.00
6
248.42
0
0.00
0.00
418.38
0
0.00
0
0.00
6.42
380.14
24
4559.30
3
62.63
43
4454.85
Amt O/s
No. of
Borrowers
Amt O/s
Provision
there on
No. of
Borrowers
Amt O/s
Provision
there on
No. of
Borrowers
No. of
Borrowers
Amt O/s
Provision
there on
STD
24.68
192.46
7.66
133.28
0.00
0.00
0.00
0
0.00
24.68
1
192.46
7.66
3
133.28
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0
0.00
0.00
0
0.00
0.00
0
0.00
Under CDR Mechanism

SST
DF
LOSS
9.69
0.00
38
0
0.00
20.54
637.83
0.00
808 1075
2.03
0.00
0.00
2196
0.00
23.49
0.00
0.00
0.19
0.00
0.00
0.00
94.46 465.93 88.03
764
-2.03
7458.84 1138.65
47
29.68
1695.27
21
0.00
19
139.19
0.00
-19
0.94
0.00
0
0.00
2.03
0
0
0.00 0.00
0.00
0
0.00
1.34
0.00 -139.19
7.35
248.42 173.48
0.00
6
0
0.00
443.06
25 1209
4751.76 1043.07
394.22
49 1808
789 1075
4650.76 502.71 326.74 88.03
TOTAL
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0
0.00
0.00
0
0.00
0.00
0
0.00
23.49
1138.65
2196
0.19
648.42
2647
0.00
0.00
0.94
173.48
0.00
38
0
0.00
20.54
1209
1043.07
13.06
3672
917.48
Under SME Debt Restructuring Mechanism

STD SST
DF LOSS
TOTAL
1248
33.99
981.14
16
0.00
0
0.00
0.00
14.79
0.00
0.00
248.42
0.00
8321.61
6718
7.90
0.00
0
0.00
0.00
1018
0.00
0.00
0.00
23.88
0.00
0.00
0.00
0.00
0.00
0.00 0.00
0.00
0
0
0.00 0.00
0.00 0.00
0
0
0.00 0.00
16.24
1232
1018
737.86 1370.39
Others
SST
DF LOSS
395.77 1719.00 1370.39
5935
-33.99
-981.14
-16
2.53
407.16
0.00
21
0
0.00
125.07
1024
4060.94
164.40
11666
6044.74
STD
*Position shown under Sl No 6 includes `1604.41 Crore failed Restructured cases pertaining to prior financial year.
during the FY 2014-15
Fresh Restructuring
during the FY 2014-15
Restructured
Accounts as on April
1 of the FY14-15 (Opening
Fig.)
SL
Type of Restructuring
NO. Asset Classification
Details
3.4.2. Disclosure of Restructured Accounts as on 31.03.2015
248.42
SST
DF
48
0.00
0
0.00
0.00
2072
109.96
2096
0.00
0.00
0.00
0
0.00
24.68
8960
20.61
885.06
31.54
0.00
24.68
0.00 192.47
9.50
656.82 3580.33 1591.70
6701
-109.96
25.93
0
1
0.00 192.46
22.55
-2453.10 2453.10
-48
10.82
829.06
0.00
65
0
0.00
563.99
2257
9663.31
554.23
13517
2024 2096
11002.30 1127.23 1591.70
STD
8321.61 16726.63
6718
31.78
3485.16
8201
0.00
0.00
2.53
407.16
0.00
21
0
0.00
125.07
1024
4060.94
195.43
13916
8152.99
TOTAL
Total
TOTAL
8961
61.65
5828.85
10869
0.00
0.00
10.82
829.06
0.00
65
0
0.00
588.67
2258
9855.77
602.71
0.00
909.74
0.00 16919.10
0.00
0.00
0.00
0.00
0.00
0
0.00
0.00
0
0.00
0.00
0
17637
0.00 13721.23
LOSS
(` in Crore)
3.4.3
+i {xM`x i |iiEh / {xM`x E{x E S M< k {k E h

Details of financial assets sold to Securitisation / Reconstruction Company for Asset Reconstruction
B/A.
k /F.Y.
k /F.Y.
n/
Items
ii)
Ji E J / No. of Accounts
B / + E S M Ji E E (|vx P]E)
iii)
Aggregate value (net of provisions) of accounts sold to SC / RC

E |i /Aggregate consideration
iv)
Mi +ii E M Ji E M +iH |i
v)
Additional consideration realised in respect of accounts transferred in earlier years

x { E /x /
Aggregate gain/(loss) over net book value
i)
/B.
h
+b<M E { E u S
MB Bx{B u li
Particulars
+b<M E { +x E/k
l+/M EM k E{x u u
S MB Bx{B u li
Backed by NPAs sold by the bank as underlying
Backed by NPAs sold by other banks/

financial institutions/ non-banking financial
companies as underlying
x/NIL
128
x/NIL
x/NIL
5.45
565
x/NIL
0.00
x/NIL
559.55
Total
ix
ix
ix
Current Year
Previous Year
Current Year
Previous Year
Current Year
590.14
553.14
NIL
NIL
590.14
553.14
Book value of
investments in
security receipts
3.4.4
Jn M< / S M< +xVE k {k E h
B.
Jn M< +x{V k +i:

x ({U : x)
S M< +x { V k +i E h
x ({U : x)
xE +i { |vx /
3.4.5
2013-14
Previous Year
|ii |{i
x E

2014-15
Details of non-performing financial assets purchased/ sold from/to Banks

A.
Non-performing financial assets purchased:
NIL (Previous year: NIL)
:
B.
Details of non-performing financial assets sold to

Bank: NIL (Previous Year NIL)
k /F.Y. k /F.Y.
Provisions on Standard Asset
h
Particulars
xE +i E B |vx (S) /
3.5
+x{i
h
Provisions towards Standard Assets (Cumulative)
(iv)
(v)
(vi)
840.83
k /F.Y.
k /F.Y.
2014-15
2013-14
9.25
9.07
0.93
1.05
2.09
1.94
0.29 %
0.57%
14.30
13.50
0.0256
0.0477
E xv E |iii E { M-V +
Non-interest income as a percentage to Working Funds
(iii)
1237.72
E xv E |iii E { V +
Interest Income as a percentage to Working Funds
(ii)
2013-14
/ Business Ratios
Particulars
(i)
2014-15
E xv E |iii E { {SxMi
Operating Profit as a percentage to Working Funds
+i { |i /
Return on Assets
|i ES (V il +O) (` Ec )
Business (Deposits plus Advances) per employee (ìn Crore)
|i ES (` Ec ) /
Profit per employee (ìn Crore)
141
+i ni |vx / Asset Liability Management

+i B ni+ E Ei{ n E {{Ci {]x 31.03.2015
3.6
Maturity pattern of certain items of assets and liabilities as on 31.03.2015
(` Ec )
/(` in crore)
n p
{{Ci {]x
Maturity Pattern
Foreign Currency
(]< E])
+O
=v
+i
niB
(Time buckets)
Deposits
Advances
Investments
Borrowings
Assets
Liabilities
1nx / Day 1
2 7 nx / 2 to 7 days
8 14 nx / 8 to 14 days
15 28 nx /
1736.76
1203.17
5505.27
273.17
653.91
4525.50
6753.33
1878.84
1347.53
0.00
261.04
30.88
5158.50
1193.59
249.54
437.50
1305.68
484.87
15 to 28 days
6242.56
1657.78
70.39
118.76
333.12
206.43
24798.20
9647.32
5534.75
3140.61
3670.86
3613.71
22097.07
8675.02
2088.73
2521.98
2929.08
3621.99
42718.84
14122.37
2107.51
1731.49
2718.38
1764.32
46257.58
43303.68
8243.59
1550.36
1565.05
1240.08
Over 3 years & upto 5 years
19740.40
19551.49
14417.87
2588.45
2211.78
3151.59
5 +vE/Over 5 years
17920.81
48643.58
16913.56
1953.60
854.34
398.04
193424.05
149876.84
56478.74
14315.92
16503.24
19037.41
29 nx 3
29 days to 3 months
3 +vE + 6 iE
Over 3 months to 6 months
6 +vE + 1 iE
Over 6 months & upto 1 year
1 +vE + 3 iE
Over 1 year & upto 3 years
3 +vE + 5 iE
E / Total
3.7
3.7.1
BC{V / Exposures
{n Ij E BC{V / Exposure to Real Estate Sector
h / Category
(` Ec )
/(` in crore)
k /F.Y.
k /F.Y.
2014-15
2013-14
6784.54
5414.62
5441.67
4837.53
5915.52
5669.50
x/NIL
x/NIL
x/NIL
(B) |iI BC{V / (A) Direct exposure

(i) vE - / Residential Mortgages
=v =x {k { vE u {hi |ii ,V =vEi E EV

+x E { *
Lending fully secured by mortgages on residential property that is or will be
occupied by the borrower or that is rented
- V |lEi Ij @h +O x i {j HMi + @h
(ii)
-of which individual housing loans eligible for inclusion in priority sector advance
hVE -{n / Commercial Real Estate
- =v hVE -{n (E x, Jn {E lx, q hVE

{, {E x, Eun hVE {, +tME +l
Mn lx, ] , +vOh, E B xh +n) { vE u |ii *
BC{V M-xv +vi (BxB) B *
Lending secured by mortgages on commercial real estates (office buildings,

retail space, multi-purpose commercial premises, multi-family residential buildings,
multi-tenanted commercial premises, industrial or warehouse space, hotels,
land acquisition, development and construction, etc.). Exposure includes
non-fund based (NFB) limits;
(iii)
vE u li |ii (BB) B +x |iiEi BC{V x Investments in Mortgage Backed Securities (MBS) and other securitised exposures
B. / a. Residential
. hVE -{n / b. Commercial Real Estate.
142
206.27
h /
k /F.Y.
k /F.Y.
Category
2014-15
2013-14
() +|iI BC{V/B) Indirect Exposure

] + E (BxBS) B + k E{x
(BSB) { xv +vi B M-xv +vi BC{V
Fund based and non-fund based exposures on National Housing Bank (NHB)
and Housing Finance Companies (HFCs).
{n Ij E BC{V / Total Exposure to Real Estate Sector
3.7.2
{V V BC{V
2102.45
14575.30
13392.84
(` Ec )
/ Exposure to Capital Market
G . /
h /
Sl.No.
Particulars
(I)
1875.24
k /F.Y.
k /F.Y.
2014-15
2013-14
450.45
759.91
x/NIL
x/NIL
0.02
x/NIL
x/NIL
x/NIL
50.40
55.51
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
7.92
6.72
508.79
822.14
<C] , {ix b/ bS il <C] =xJ S+ b E x] EB

MB |iI x VxE xv +xxi: E{] @h xi x E Vi*
Direct investment in equity shares, convertible bonds, convertible debentures
and units of equity-oriented mutual funds the corpus of which is not exclusively
invested in corporate debt;
(II)
<C] (+<{+/<B+{B i), {ix b B bS, <C] =xJ

S+ b E x] x i H E +|J +v { +l +x |ii
+l /b/bS/E n +O
Advances against shares /bonds/debentures or other securities or on clean basis
to individuals for investment in equity shares(including IPOs/ESOPs), convertible
bonds, convertible debentures and units of equity-oriented mutual fund;
(III)
+x E |Vx, V |lE |ii E { +l {ix b +l

{ix bS +l <C] =xJ S+ b E x] Vi , i +O
Advances for any other purpose where shares or convertible bonds or convertible
debentures or units of equity-oriented mutual fund are taken as primary security;
(IV)
E {E |ii +l {ix b +l {ix bS +l <C] =xJ

S+ b u Ii iE E +x E |Vx i +li V |lE |ii E Uc E
/{ix b/{ix bS/<C] =xJ S+ b +O E {hi: E x Ei *
Advances for any other purposes to the extent secured by 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 fund does not fully cover the advances;
(V)
]E E E |ii B +|ii +O il ]E E B E] E E + V M]*

Secured and unsecured advances to stock brokers and guarantees issued on
behalf of stock brokers and market makers;
(VI)
vx V]x E x x< E{x E <C] i |iE E +nx E B E{] E

/b/bS +l +x |ii E {I Ei @h +l Ei xv @h*
Loans sanctioned to corporate against security of shares/ bonds/ debenture or
other securities or on clean basis for meeting promoters contribution to the
equity of new companies in anticipation of raising resources;
(VII)
|ii <C] }/< E {I E{x E {E @h
Bridge loans to companies against expected equity flows/issues;

(VIII) E |lE < +l {ix b +l {ix bS
S+ b E x] E v E u M< n |iri
+l <C] =xJ
Underwriting commitments taken up by Banks in respect of primary issue of shares

or convertible bonds or convertible debentures or units of equity oriented mutual funds;
(IX)
Vx ]bM i ]E E E k{h
Financing to stock brokers for margin trading;
(X)
/(` in crore)
=t {V xv ({VEi B M-{VEi nx ) E BC{V

All exposure to Venture Capital Funds (both registered and unregistered)
{V V E E BC{V
/ Total Exposure to Capital Market
143
3.7.3
VJ h E] BC{V
(` Ec )
/ Risk Category wise Country Exposure
VJ
h
31.03.2015 E
BC{V (x)
Risk
Category
Exposure (net)
as on 31.03.2015
/(` in crore)
31.03.2015
E
vi |vx
31.03.2014 E
BC{V (x)
31.03.2014
E
vi |vx
Provision held
as on 31.03.2015
Exposure (net)
as on 31.03.2014
Provision held
as on 31.03.2014
xMh / Insignificant
3028.99
x/NIL
2784.13
E / Low
1190.69
x/NIL
434.00
v / Moderate
4.29
x/NIL
58.74
+vE / High
11.08
x/NIL
2.01
i +vE / Very High
0.30
x/NIL
0.53
|ivi / Restricted
13.37
x/NIL
13.25
+-Gb] / Off-credit
4.07
x/NIL
x/NIL
E / Total
4252.79
x/NIL
3292.66
3.7.4 E u +iGi BE =vEi (BB), =vEi (VB) E h
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
(`
Details of Single Borrower Limit (SGL), Group Borrower Limit (GBL) exceeded by the bank:
Ec )/(` in crore)
=vEi E x
BE BC{V
Ei
31.03.2015 E lli E
Name of Borrower
Single Exposure limit
Sanctioned Limit
Outstanding Balance as on
31.03.2015
2160.28
2561.41
=.|. { E{ x .
U.P. Power Corporation Ltd.
1811.99
x]& =.|. { E{x . x i V E u nB MB Evx |vE E +iMi * (E{h E >{ {V Mi

xv E +iH 5%)
Note: exposure on U.P. Power Corporation Ltd. is within the discretion given to banks by RBI (additional 5% of capital funds,
over prudential limit).
3.7.5 +|ii +O/ Unsecured Advance
Particulars
B/a) E +|ii +O / Total Unsecured Advances

/b) < +i |ii u li +O V +vE { |,
+xY{i, |vE +n
Of which advances backed by intangible securities such as charge
over rights, licenses, authority etc.
Mi
F.Y.2014-15
F.Y.2013-14
7953.52
10285.59
x/NIL
x/NIL
v / Miscellaneous
E n x +E i E M |vx E / Amount of Provisions made for Income tax during the year
S
Mi
h
3.8
3.8.1
Particulars
+E i |vx / Provision for Income Tax

+lMi E i |vx / Provision for Deferred Tax
3.8.2 i V E u M M +lnb: ` x
({U : `50.00 J)
k 2014-15 E n x EM x +vx 1949 E
+{I+ E =Px Ex +l =E +x{x x Ex E Eh
E { E< +lnb x M M *
il{ k 2014-15 E n x 25.09.2014 E E x
|x + x =bM +vx, 2002 E v 13 E +iMi
Vx 2006 S 2007 E +v E n x nMv xnx E {i
Mx + <E {]M i +iE ij Ei x EB Vx E
Eh B+<-+<Bxb u nxE 05.02.2014 E +{x +n
J 1/b/b+<+/B+<-+<Bxb/2014 E ii MB MB
`510000/ E +lnb E Mix E *
F.Y.2014-15
F.Y.2013-14
1296.08
416.95
(313.93)
47.55
3.8.2 Penalties imposed by RBI: ` Nil (Previous Year: `50.00 lac)

During the financial Year 2014-15, the Bank has not been
subjected to any penalty for contravention or non compliance
with any requirement of the Banking Regulation Act, 1949.
However, Bank has paid a penalty of `5,10,000/-(Rupees five
lac ten thousand only) on 25.09.2014, imposed by FIU-IND
vide their order No.1/DIR/FIU-IND/2014 dated 05.02.2014 for
failure to evolve an internal mechanism to detect and report
suspicious transactions during the period from June 2006 to
March 2007 u/s 13 of Prevention of Money Laundering Act,
2002.
144
4.
J xE E +x |E]Eh +{IB V i V
E x J ]{{h i |E]Eh n E i nxn
V EB :
J xE 5 +v i x +l x, { +v n
+ J xi {ix: { +v vi + +
xxx :
4.
4.1
h/Particulars
+/Income
/Expenditure
x/Net
Disclosure Requirements as per Accounting Standards

where R.B.I has issued guidelines in respect of disclosure
items for Notes to Accounts:
4.1. Accounting Standard 5- Net Profit or Loss for the period,

prior period items and changes in accounting policies:
Income and Expenditure relating to prior period are as
under:
k /F.Y. 2013-14
k /F.Y. 2014-15
(0.18)
(0.15)
0.69
1.21
(0.87)
(1.36)
V +Yx E v BB 9 E +iMi xEn +v {

+Yi + n (M x{nE +i + x { |{i
+ <i), i iiE x l |E]Eh E
+Ei x l*
4.3. E x 1 +| 2007 ES l {x (x<), {x
({x), OS], +E xEnEh, BB +
U]] E v +{x ni+ E +Yx i i
xn JE lx u V J xE 15 (vi)
E +{x *
4.3.1. xvE/M-xvE ES l, {x (B{<+-1995),
OS], +E xEnEh + B.B.. E v E
E ni E
4.2. Income items recognised on cash basis (other than

income on non performing assets and investments) were
either not material or did not require disclosure under
AS 9 on Revenue Recognition.
(B) i xn JE lx u V J xE 15
(vi) xvi ri +
(a) Principles laid down in AS 15 (Revised) issued by

the Institute of Chartered Accountants of India, and
() i EE lx u V VBx 26 E +x
+xni EE u Ex Ex E +v { +Yi
E Vi *
(b) Guidelines GN 26 issued by Institutes of Actuaries

of India.
4.2.
4.3. The Bank has adopted Accounting Standard 15

(Revised)- Employee Benefits, issued by Institute of
Chartered Accountants of India, for recognition of its
liabilities in respect of employee benefits, viz, Pension,
Gratuity, Leave Encashment, LFC w.e.f. 1st April, 2007.
4.3.1.Bank's liabilities in respect of the funded/non-funded
employee benefits, viz., Pension(ABEPR-1995), Gratuity,
Leave Encashment and LFC are recognised on the basis
of actuarial valuation carried out by approved Actuary
as per
ES E J E |E]Eh [ BB-15 E +x (Ii)]

Disclosure on accounting of employee benefits [as per AS-15 (revised)]
EE +xx / Actuarial assumptions

h / Particulars
Vx E |E / TYPE OF PLAN
xvr / Funded
{x
OS]
(B<{+)
Gratuity
Pension
M-xvr / Non-funded
+E
BB
xEnEh
LFC
Leave
Encashment
(ABEPR)
FY 2014-15
FY 2013-14
FY 2014-15
FY 2013-14
FY 2014-15 FY 2013-14
FY 2014-15 FY 2013-14
i n /Discount Rate
ix E gi n
8.00%
8.75%
8.00%
8.75%
8.00%
8.75%
8.00%
8.75%
Salary Escalation Rate

n (|..) / Attrition Rate (p.a.)
5.50%
1.00%
5.50%
1.00%
5.50%
1.00%
5.50%
1.00%
5.50%
1.00%
5.50%
1.00%
NA
1.00%
NA
1.00%
8.00%
8.00%
8.00%
8.00%
NA
NA
NA
NA
Vx +i { + E |ii n
Expected Rate of Return on Plan Assets
145
B) vi E ix {ix
(` Ec )
A) Changes in the present value of Obligation
h / Particulars
xvr / Funded
M-xvr / Non-funded
{x
+E
(B<{+)
OS]
xEnEh
BB
Pension
Gratuity
Leave
Encashment
LFC
(ABEPR)
B) E + {+
/ (` in crore)
<) vi { EE x/()
C.Y.
P.Y.
C.Y.
P.Y.
C.Y.
P.Y.
C.Y.
P.Y.
C.Y.
4143.65
3697.49
319.60
312.89
605.74
590.92
297.29
243.27
(189.68)
768.37
756.94
56.81
61.40
37.30
33.88
116.45
110.52
53.24
315.05
263.18
22.34
20.11
33.19
61.34
71.72
66.62
90.15
72.86
59.15
4.98
3.83
0.00
0.00
21.03
30.71
37.96
e) Actuarial Loss/ (Gain) on

Obligation
P.Y.
(214.38)
26.67
37.04
40.59
B) E +i {+
C.Y.
4582.02
799.27
389.01
94.77
f)
P.Y.
4143.65
768.37
315.05
72.86
a) PVO at the beginning of the year
) V Mi
b) Interest cost
) S Mi
c)
Current Service Cost
b) |nk
d) Benefits Paid
PVO at the close of the year
) Vx {k E =Si {ix
h / Particulars
/ B) Changes in the Fair Value of Plan Assets
xvr / Funded
{x
(B<{+)
Pension
(` Ec )
OS]
Gratuity
(ABEPR)
B)
E +
Vx +i E =Si
a)
Fair Value of Plan Assets at the

beginning of year
C.Y.
P.Y.
4093.13
3289.10
751.22
726.31
Vx +i |ii |i
C.Y.
327.45
60.10
b)
Expected return of Plan Assets
P.Y.
263.13
58.10
C.Y.
P.Y.
417.37
701.92
88.47
111.62
C.Y.
P.Y.
297.29
243.27
116.45
110.52
C.Y.
P.Y.
20.64
82.25
10.98
(34.29)
C.Y.
P.Y.
4561.30
4093.13
794.32
751.22
C.Y.
P.Y.
354.17
328.38
65.39
63.92
) xH E +nx
c)
Employers Contribution
b) |nk
d)
Benefits Paid
<)
EE (x)/
e)
Actuarial (Loss)/Gain
B) E +i +i E =Si
f)
Fair Value of Plan Assets

at the close of year
V) Vx +i { iE |i
g)
Actual return on Plan Assets
C.Y. - S
/Current Year
P.Y. - Mi /Previous Year
146
/ (` in crore)
) x EE x / ( ) / C)
Net Actuarial Loss / (Gain)
h / Particulars
(` Ec )
/ (` in crore)
xvr / Funded
M-xvr / Non-funded
{x
+E
(B<{+)
OS]
xEnEh
BB
Pension
Gratuity
Leave
Encashment
LFC
(ABEPR)
B) vi { EE x / ()
a)
Actuarial loss / (gain) on obligation (A)
C.Y.
(189.68)
53.24
90.15
37.96
P.Y.
(214.38)
26.67
37.04
40.59
C.Y.
(20.64)
10.98
0.00
0.00
P.Y.
(82.25)
34.29
0.00
0.00
C.Y.
(210.32)
42.26
90.15
37.96
P.Y.
(296.63)
60.96
37.04
40.59
Actuarial loss / (gain) recognized
C.Y.
(210.32)
42.26
90.15
37.96
in the period
P.Y.
(296.63)
60.96
37.04
40.59
C.Y.
0.00
0.00
0.00
0.00
P.Y.
0.00
0.00
0.00
0.00
) Vx +i { EE x/()
b)
Actuarial loss / (gain) on Plan assets (B)
) x EE (x)/()
c)
Net Actuarial loss / (gain)
b) +v +Yi EE (x)/
d)
<) +xYi EE x
e)
Unrecognised actuarial loss
b) ix{j +Yi
/ D) Amount recognized in Balance Sheet
(` Ec )
h / Particulars
xvr / Funded
{x
(B<{+)
OS]
Pension
/ (` in crore)
M-xvr / Non-funded
+E
xEnEh
BB
Gratuity
Leave
Encashment
LFC
(ABEPR)
B) E +i {i
vi E ix
a) Present value of defined benefit
C.Y.
4582.02
799.27
389.01
94.77
obligation at the end of the Year
P.Y.
4143.65
768.37
315.05
72.86
C.Y.
P.Y.
4561.30
4093.13
794.32
751.22
0.00
0.00
0.00
0.00
C.Y.
P.Y.
20.72
50.52
4.95
17.15
389.01
315.05
94.77
72.86
P]B :/Less:
) E {i { Vx
+i E =Si
b) Fair value of Plan Assets at
close of the Year
)ix {j +Yi M-xvr

x ni /(+i)
c) Unfunded Net Liability/ (Asset)
recognized in Balance Sheet
C.Y. - S
P.Y. - Mi
/Current Year
/Previous Year
147
<) B x Ji +Yi
E) Expenses recognized in Profit & Loss account
h / Particulars
(` Ec )
/ (` in crore)
xvr / Funded
M-xvr / Non-funded
{x
+E
(B<{+)
OS]
xEnEh
BB
Pension
Gratuity
Leave
Encashment
LFC
(ABEPR)
B) S Mi
C.Y.
605.74
37.30
33.19
0.00
a) Current service cost
P.Y.
590.92
33.88
61.33
0.00
) V Mi
C.Y.
319.60
56.81
22.34
4.98
b) Interest Cost
P.Y.
312.89
61.40
20.11
3.83
) Vx +i { |ii +
C.Y.
327.45
60.10
0.00
0.00
c) Expected return on Plan Assets
P.Y.
263.13
58.10
0.00
0.00
d) Net actuarial loss / (gain)
C.Y.
(210.32)
42.26
90.15
37.96
recognized in the year
P.Y.
(296.63)
60.96
37.04
40.59
b) +Yi x EE
x/ (+)
<) x
C.Y.
387.57
76.27
145.68
42.94
e) Net Benefit Expense
P.Y.
344.05
98.13
118.49
44.42
B) ix {j +Yi ni+ E Sx
F) Movements in the Liability recognized in the Balance Sheet
(` Ec )
/ (` in crore)
xvr / Funded
M-xvr / Non-funded
{x
+E
(B<{+)
OS]
xEnEh
BB
h / Particulars
Pension
Gratuity
B) +l x ni
C.Y.
50.52
17.15
Leave
Encashment
315.05
a) Opening Net Liability
P.Y.
408.39
30.63
263.18
59.15
) x
C.Y.
P.Y.
387.57
344.05
76.27
98.13
145.68
118.49
42.94
44.42
(ABEPR)
b) Net Benefit Expense
LFC
72.86
P]B / Less:
) ES E Mix /
+nx E M<
C.Y.
417.37
88.47
71.72
21.03
c) Contribution paid / Amt.

paid to employees
P.Y.
701.92
111.62
66.62
30.71
b) <i x ni
C.Y.
20.72
4.95
389.01
94.77
d) Closing Net Liability
P.Y.
50.52
17.15
315.05
72.86
C.Y. - S
/Current Year
P.Y. - Mi /Previous Year
148
V) ]] u xB J MB x E |ii
(%)/(in %)
G) Investment percentage maintained by the Trust
h
Particulars
{x (B<{+)
OS]
Pension (ABEPR)
Gratuity
k /
k /
F.Y. 2014-15
10.54
k /
F.Y. 2013-14
12.10
k /
F.Y. 2014-15
23.84
V E E |ii / State Govt. Securities

=SS i E{] b ({B/{B)
44.37
43.03
31.11
31.21
High Quality Corporate Bonds (PSU/PFC)
39.76
39.56
39.89
39.84
0.22
0.25
0.10
0.10
5.11
5.06
5.06
5.02
Exp E E |ii / Central Govt. Securities
V VxB / Special Deposit Schemes

+x x / Other Investments
4.4.
4.5.
M] {]M - JxE (BB) 17 M] {]M
4.4. Segment Reporting - Accounting Standard (AS)

17 "Segment Reporting"
M] SxB Ei k h J-17 xE E
{ 4 E +x n M< *
Segment information is given in the Consolidated

Financial Statement in terms of Para 4 of the AS-17.
vi {IE E |E]Eh - J xE (BB) 18

vi {] E S B xnx* vi {IE E x,
E E l =xE v + EB MB xnx-
4.5. Related Party Disclosures - Accounting Standard

(AS) 18 List of Related Parties and Transactions:
The names of the related parties, their relationship
with the bank and transactions effected-
E) |J |vx EE /
a) Key Management Personnel :
{nx
Name
Designation
(` ttF b)
{v
Shri Rakesh Sethi

(/From 12.03.2014)
18.64
0.93
Executive Director
(/From 23.01.2014)
16.16
2.83
Executive Director
(/From 12.03.2015)
0.87
0.00
Ex-Chairman & Managing Director

(iE/Upto 31.01.2014)
0.00
21.35
Ex- Chairman & Managing Director

(iE/Upto31.08.2012)
0.00
8.00
Ex- Executive Director

(iE/Upto 30.04.2014)
3.94
22.25

(iE/Upto 26.12.2013)
0.00
18.86

(iE/Upto 31.03.2012)
0.00
6.50

(iE/Upto 31.05.2012)
0.00
6.50
V. E. J
Bx. E.
i{ xnE /Ex- Directors

i B. {x
1
Smt S. Panse
V. {. n+
Shri J. P. Dua
]. +. S
Shri T. R. Chawla
+h i
Shri Arun Tiwari
b. E
Shri D. Sarkar
2013-14
+vI B |v xnE
Shri N.K.Sahoo
k /F.Y.
2014-15
E `
Shri J. K.Singh Kharb

3
/ (` in Lac)
Remuneration
k /F.Y.
1
F.Y. 2013-14
23.83
B. +. xE
Shri M. R. Nayak
E{E xnE
E{E xnE
i{ +vI B |v xnE
i{ +vI B |v xnE
i{ E{E xnE
i{ E{E xnE
i{ E{E xnE
i{ E{E xnE
149
OS] il +E xEnEh vi E xvh O

E{x E +v { E { EE |h u E Vi
il inx = ={H Sx x M *
() +xM E{x
i) + E <x . ({h i): E E{x E `15.00
Ec (Mi `15.00 Ec ) E S {V E
vi Ei *
() H =t
i) x { Vx <xx E{x .
ii) BB+< (<b) .
E x { Vx <xx E{x .E `105
Ec ({U `105 Ec ) E 30 |ii B
BB+< (<b) . E `26.50 Ec ({U
`26.50 Ec ) E 27.04%|ii vi Ei *
Expenses towards gratuity and leave encashment are

determined actuarially on an overall basis annually and
accordingly have not been considered in the above information.
(b) BB]
<n { Oh E:
E Ij Oh E E `21.67 Ec ({U
`21.67 Ec
) E 35 |ii E vi Ei *
d)
(<) x { Vx <xx E{x ]b xE r

E{x E l E xnx xxi :-
e)
b)
Subsidiary:
i)
c)
Joint Venture:
i)
Universal Sompo General Insurance Company Limited.
ii)
ASREC (India) Ltd.
The Bank is holding 30% share in Universal Sompo

General Insurance Company Limited amounting to
`105.00 crore (previous year `105.00 crore) and
27.04% share in ASREC (india) Ltd. amounting to
`26.50 crore (previous year `26.50 crore)
Associates:
Allahabad U.P. Gramin Bank:
The Bank is holding 35% share in Allahabad U.P. Gramin
Bank amounting to `21.67 crore (previous year `21.67
crore).
Transactions with associated company namely Universal
Sompo General Insurance Company Limited are as
(` Ec ) / (` in Crore)
follows:
h / Particulars
+Vi + /Income Earned
|nk | / Insurance Premium Paid
vi {IE E v +x |E]Eh < |E :
AllBank Finance Limited (wholly owned): The bank

holds entire share capital of `15.00 crore. (Previous
year `15.00 crore) in the company.
/ F.Y. 2014-15
k / F.Y. 2013-14
10.88
9.61
9.81
8.40
(` Ec )
/ Other Disclosures pertaining to related parties are as under:
n/vi {]
Items/Related Party
=v / Borrowings
V / Deposits
V E {]
/
Placement of Deposits
+O / Advances
x / Investments
M xvE |iriB/
{] (i
xjh E +x)
+xM
BB] B
H ={G
Parent (as
per
ownership
control)
Subsidiary
Associate/
joint
ventures
1531.99
248.38
-
19.71
-
1512.06
-
/ (` in Crore)
|J |vx
EE E v
Key
Management
Personnel
Relatives of
Key
Management
Personnel
Total
2+3+4+5
248.38
-
248.38
0.22
-
1531.99
-
|J |vx
EE
Non-funded commitments
Leasing/HP arrangements availed
Leasing/HP arrangements provided
--
Purchase of fixed assets
343.03
279.25
11.95
9.06
0.33
0.97
0.33
279.25
342.05
9.06
11.95
-
0.01
-
279.25
343.03
9.06
11.95
0.33
1500
1500
1500.00
={M E M< VM/BS{ l/

|nx E M< VM/BS{ l/
l +i E Jn/
l +i E G/
Sale of fixed assets

|nk V/Interest paid
|{i V/Interest received
|nx Ex/Rendering of Services
|{i Ex/Receiving of Services
|vx n/Management contracts
G-G EB MB +<{/
IBPC sold & purchased
150
4.6. {]] |E]Eh - J xE (BB) 19

B) E E { E/+ v+ E B z {]]
* < v xxi |E]Eh E Vi :i)
xxJi |iE +v i xi x E Ex
{SxMi {]] E +iMi xxi {]] Mix
E M :
31.03.2015 E lli +{i {]] +v i n E
4.6. Lease Disclosure-Accounting Standard (AS) 19

A)
The Bank has various operating leases for office /

residential facilities. Disclosures in this regard are
as under:
i) Total of future minimum lease payments under

non-cancellable operating leases for each of
the following periods:
Rent payable for unexpired lease period as on 31.03.2015.
(` Ec )
Vn {]] +v / Existing Lease Period
/ (` in Crore)
/Amount Payable
lli/ As on 31.03.2015
lli / As on 31.03.2014
79.75
69.54
197.48
45.26
183.74
40.31
BE +xvE / Not later than one year

BE E n il {S +xvE /
Later than one year and not later than five years
{S E n / Later than five years

ii)
ix {j E iJ E xi x E Ex ={ {]] E
+iMi |{i EB Vx |ii xxi ={ {]] E
Mix E M : x ({U : x)
ii)
iii)
vi +v i B x E h +Yi {]]
Mix : `132.24 Ec ({U `111.45 Ec )
iii) Lease payments recognized in the statement of profit

and loss for the period: `132.24 Crore (previous year
`111.45 Crore)
iv)
vi +v i B x E h +Yi |{i
(+l |{) ={-{]] E Mix :x ({U : x)
iv) Sub-lease payments received (or receivable)

recognised in the statement of profit and loss for the
period: NIL (Previous Year: Nil).
) k {]] :
E E { k {]] E +iMi E< {k x *
4.7 |i
G .
+Vx - J xE (BB) 20
B)
The total of future minimum sublease payments expected

to be received under non- cancellable subleases at the
balance sheet date: NIL(Previous Year: Nil).
Financial Lease:
Bank is not having any assets under Financial Lease.
/ Earning Per Share Accounting Standard (AS) 20
Sl.
No.
Particulars
B.
|i E B b<]b +Vx
Basic and Diluted Earning Per Share (`)
k /F.Y.
k /F.Y.
2014-15
2013-14
11.39
22.89
(`)
|i E B b<]b +Vx E Mhx / Calculation of Basic and Diluted Earning Per Share
G . h
Sl.
Particulars
/F.Y.
k /F.Y.
2014-15
2013-14
620.90
1172.02
54,51,22,719
51,19,96,459
11.39
22.89
10.00
10.00
No.
B.
<C] vE E i |nx E stlu x (` Ec )
Net Profit for the year attributable to Equity Share holders (` in Crores)
<C] E i +i J
Weighted average number of Equity Shares
|i E B b<]b +Vx (B/) (`)
Basic and Diluted Earning per Share (A/B) (`)
b.
|i xx
(`)
Nominal Value per share (`)
151
+ { E i J - J xE (BB)
4.8.
4.8.
22
Accounting for Taxes on Income: Accounting

Standard (AS) 22
During the year, an amount of `313.93 Crore has
E nx +lMi E i E Vx E {
`313.93 Ec
({U `47.54 Ec x) E B
x Ji V J M* ix {j E iJ E lli
+lMi E +i/ni+ E J P]E ix{j E
il E +x xxi :
been credited (Previous year `47.54 Crore debited) to
the Profit & Loss Account by way of adjustment of

deferred tax. The major components of Deferred Tax
Assets/ Liabilities as on Balance Sheet date are as
under:
(` Ec )
h
Particulars
Vx
Vc/(P]B)
E |
/ (` in crore)
E {i {
At the beginning
of the Year
Adjustment
Add / (Less)
At the close of
the year
k /F.Y.
k /F.Y.
k /F.Y.
2014-15
2013-14
2014-15
2013-14
2014-15
2013-14
63.16
17.76
43.46
12.50
25.14
7.45
19.70
5.26
88.30
25.21
63.16
17.76
+lMi E +i
+E xEnEh i |vx
Deferred Tax Assets
Provision for Leave Encashment
BB i |vx/Provision for LFC
B+<]B i |vx/Prov. For FITL

E /Total
+lMi E niB/
378.89
378.89
80.92
55.96
411.48
24.96
492.40
80.92
Nil
Nil
NIL
Nil
NIL
Nil
64.35
80.55
1.87
(16.21)
66.22
64.34
390.42
454.77
Nil
80.55
95.68
97.55
390.42
374.21
486.10
552.32
390.42
454.76
373.85
24.59
(313.93)
349.25*
59.92
373.84
Deferred Tax Liabilities
+S +i E /
Depreciation on Fixed Assets
x E { vi |ii {
={Si Ei +n +n V /
Interest Accrued but not due
on securities held as Investments
v 36 (1) (viii) E +iMi E]i E

Eh |Ii E +ii
Amount transferred to Special Reserve
on account of deduction under
Section 36 (1) (viii)
E /Total
+lMi E niB (x) /

Deferred Tax Liabilities (Net)
*`47.54 Ec

B x Ji E x J M + `301.71
Ec |Ii Ji E x J M*
*`47.54 Crore debited to Profit & Loss Account and `301.71

Crore debited to Reserve Account.
S 2015 E {i S k E n x E x xvE V
n @h (B+<]B) i v ni+ (V {V Eh) E
B |vx v BB 22 E +x +lMi E +i E
+Yi E V + iE x E V l* inx
`378.89 Ec
(31.03.2014 iE E +v vi `295.90
Ec i )E x J +Yi E M *
During the current financial year ended Mar'2015 the bank

has recognised deferred tax asset in accordance with AS 22
on provision for sundry liabilities (interest capitalisation) account
for funded interest term loan (FITL) which was hitherto not
being done. Accordingly an amount of `378.89 Crore (including
`295.90 Crore relating to the period up to 31.03.2014) has
been recognised in profit and loss account.
E BS]B h E x { +lMi E +Yi x Ei

CE E E S < v E< +i x * x
{ +lMi E +Yx { i xn JE lx E
Y E i E S E x < q E i E
The Bank does not recognise deferred tax on HTM category

of investments as in Bank's opinion; there is no timing difference
in this regard. Pursuant to the opinion of the Expert Advisory
Committee of the Institute of Chartered Accountants of India
152
P E { Mnx i V CE =tM VMi < {

E< Ex E ziB *
4.9.
{i {Sx : J xE (BB)
24
on recognition of deferred tax on investments, the bank has

referred the issue to the Indian Banks' Association for their
guidance on the matter since there is a difference in treatment
on this subject in the industry.
4.9.
Ivx i |E]Eh +{I M x *
Discontinuing Operations: Accounting Standard (AS) 24

Disclosure requirement is not applicable for the year
under review.
4.10.
k +i E { E E +i E {{i + {
J xE (BB) 28 <{] + B] |V x
* |vx E =H xE E +x 31.03.2015 E
E E +x +i E< <{] x + +Yx
i E< i{h i x
4.10. A substantial portion of the bank's assets comprise of

'financial assets' to which Accounting Standard (AS) 28
'Impairment of Assets' is not applicable. In the opinion
of the management, there is no impairment of other as
sets of the Bank as at 31.03.2015 to any material extent
requiring recognition in terms of the said standard.
4.11.
+x J xE: J xE (BB) 11
4.11. Other Accounting Standards: Accounting Standard (AS) 11
n p xnx
n p xnx i JEx i xn JE
lx u V BB 11(n p n {ix E
|) E +x E Vi *
V E BB 11 xvi E E n p {Sx
E (E) O {Sx + (J) M O {Sx E {
MEi E Vi * n J+ E M O
{Sx Z Vi + n p P {Sx
+ |ixv M O {Sx E O {Sx E {
x Vi *
M O {Sx E v xnx
Foreign Currency Transactions

Accounting for transactions involving foreign exchange
is done in accordance with AS11 (The effects of changes
in foreign exchange rates) issued by the ICAI.
As stipulated in AS11, the foreign currency operations
of the Bank are classified as (a) Integral operations and
(b) Non-integral operations. All overseas branches are
treated as Non-integral operations and domestic opera
tions in foreign exchange and Representative Offices
are treated as Integral operations.
Transactions in respect of Non-Integral operations
(E) |iE i E {i { n p +i +
ni+ E b< u +vSi CVM {] n
] ] E Vi *
(J) ix {j E il E lli E n p {]
+ b +EE ni+ E b< u +vSi
G: CVM {] + b n + +i
{{Ci+ E n+ i <]{]b n { ] ]
E Vi *
(M) + + E |iE i E +i b< u
+vSi i +i n { ] ] E Vi *
(b) Foreign exchange spot and forward contingent

liabilities outstanding as at the Balance sheet
date are translated at the closing spot and forward
rates respectively notified by FEDAI and at
interpolated rates for contracts of interim maturities.
(P) {h x n E +i E = +v i + +
E { +Yi x E Vi +{i x
x E x{]x x iE {lE Ji n p ] x
V Si E Vi *
(d) The resulting exchange differences are not

recognized as income or expense for the period
but accumulated in a separate account "Foreign
currency Translation Reserve" till the disposal of
the net investment.
O {Sx E v xnx
(a) Foreign currency assets and liabilities are trans

lated at the closing spot rates notified by FEDAI at
the end of each quarter.
(c) Income and expense are translated at quarterly av

erage rate notified by FEDAI at the end of each
quarter.
Transactions in respect of Integral operations
(E) + + E xnx E il { |Si x

n { Vi *
(a) Income and expense are accounted for at exchange

rates prevailing on the date of transaction.
(J) |iE i E {i { n p +i +
ni+ (+EE ni+ i) E b< u +vSi
CVM {] n ] ] E Vi *
(b) Foreign currency assets and liabilities (including

contingent liabilities) are translated at the closing
spot rates notified by FEDAI at the end of each
quarter.
(M) {h x n E +i E + + E {
+Yi E Vi + x J E v
Vi *
(c) The resulting exchange differences are recognized

as income or expenses and are accounted through
Profit & Loss account.
153
b BCSV E]C]
Forward exchange contracts
b< E nxn + BB 11 E |vx E +x

ix {j E il E lli E n p {] +
b n+ E b< u +vSi G: CVM
{] + b n + +i {{Ci+ E n+
i <]{]b n { ] ] E Vi * {h b
{x Ex x B x Ji ] *
In accordance with the guidelines of FEDAI and the pro

visions of AS11, Foreign exchange spot and forward
contracts outstanding as at the balance sheet date and
held for trading are revalued at the closing spot and for
ward rates respectively notified by FEDAI and at inter
polated rates for contracts of interim maturities. The re
sulting forward revaluation profit or loss is included in
the Profit & Loss account.
|vx, +EE niB + +EE +i E v

J xE (BB) 29 E +x |E]Eh
5.
5.1.1.
5.
Disclosure in terms of Accounting Standard (AS) 29 on

"Provisions, Contingent Liabilities and Contingent
Assets":
B x Ji |vx B +EE ni+ i x/Provisions & Contingencies debited to Profit & Loss Account
h
k / F.Y.
k / F.Y.
Particulars
2014-15
(B)/(a)x { i |vx / Provision for Depreciation on Investment

()/(b)Bx{B i |vx / Provision towards NPA
()/(c)xE +i i |vx/ Provision towards Standard Assets
(b)/(d)+E i |vx/Provision towards Income Tax
(<)/(e)+lMi E +i/niB/Deferred Tax Assets / Liabilities
(B)/(f)+<+B i |vx/Provision for IRS
(V)/(g)+x /Others
E/Total
(89.57)
137.67
2004.29
2030.81
395.43
68.78
1296.08
416.95
(313.94)
47.55
(15.84)
(10.37)
562.35
157.02
3838.80
2848.41
5.1.2. |vx E + +EEi+ E Sx (<i )

Movement of Provision and Contingencies (Closing balance)
h
Particulars
(B)/(a)Bx{B i |vx / Provision toward NPA

()/(b)x { i |vx / Provision for Depreciation on Investment
()/(c)xE +i i |vx/ Provision towards Standard Assets
(b)/(d)+E i |vx/Provision towards Income Tax
(<)/(e)+lMi E (+i)/niB/Deferred Tax (Assets) / Liabilities
(B)/(f)ylwMkde ttC fUh / Fringe Benefit Tax
(V)/(g)+x /Others
E/Total
5.2.
/ F.Y.
2013-14
2308.92
2123.73
297.83
387.40
1237.72
840.83
4133.47
2822.27
59.92
373.86
0.00
26.04
2896.23
297.07
10934.09
6871.20
(` Ec )
|iSG |vx /
Opening Balance
()/(b) E n x E M +l |vx E {h
Quantum of Provision made during the year
()/(c) E n x b b=x E E B |Vx
Purpose and Amount of draw down during the year*
(b)/(d)+l |vx Ji <i
Closing Balance
*
i V E E nxE 30 S 2015 E {{j b+

. {..79/048/2014-15 E +xh E x 31n
2014 E lli |iSG Ii |vx E 50 |ii
154
/ F.Y. 2014-15
/ (` in Crore)
+l |vx /
Counter cyclical Provision Buffer
k / F.Y.
2014-15
+l |vx/Floating Provisions (Countercyclical Provisioning Buffer):
h / Particulars
(B)/(a)+l |vx Ji +l /
2013-14
/ F.Y. 2013-14
Floating Provision
/ F.Y. 2014-15
/ F.Y. 2013-14
48.00
48.00
NIL
NIL
NIL
NIL
NIL
NIL
24.00
NIL
NIL
NIL
24.00
48.00
NIL
NIL
Pursuant to Reserve Bank of India's Circular

DBR.No.BP.BC.79/21.04.048/2014-15 dated March 30,
2015, Bank decided to utilize 50 per cent of
E ={M Ex E xh * inx, Bx{B i

xn] |vx Ex E B `24 Ec E ={M E
M *
5.3 +Ii xv b b=x
countercyclical provisioning buffer held as on December

31,2014 and accordingly utilized `24 Crore for making
specific Provisions for NPA.
5.3. Draw Down from Reserves:
+Ii xv b b=x E h xxx :
Details of draw down from Revenue Reserves are as

under;
h / Particulars
k
+lMi E ni (b]B) /(a) Deferred Tax Liability(DTL)
xvE V n @h (B+<]B) / (b) Funded Interest Term Loan(FITL)
/ F.Y. 2014-15
k / F.Y. 2013-14
NIL
301.71
NIL
687.72
Ei E |E]Eh/Disclosure of Complaints
B/A. OE E Ei/Customer Complaints
5.4.
(B)/(a)
()/(b)
()/(c)
(b)/(d)
E
E
E
E
+ i Ei E J/No. of Complaints pending at the beginning of the year

n x |{i Ei E J/No. of Complaints Received during the year
n x xi E M< Ei E J/No. of Complaints Redressed during the year
+i i Ei E J/No. of Complaints pending at the end of the year
181
6573
6618
136
/B. vE/ xE E Ei/Shareholders/Investors Complaints

(B)/(a) E + Exi x E M +vxh E J/ No. of Complaints pending at the beginning of the year
()/(b) E n x EM E{ u {i E M +vxh E J /
No. of Complaints Received during the year
NIL
1638
()/(c) Exi E M +vxh E J /No. of Complaints Redressed during the year

(b)/(d) Exi x E M +vxh E J /
No. of Complaints pending at the end of the year
1638
NIL
/C. EM E{ u {i +b/Awards passed by the Banking Ombudsman :

(B)/(a)
E + i Ei E J/
No. of unimplemented awards at the beginning of the year
()/(b)
No. of awards passed by Banking Ombudsman during the year
()/(c)
01
E n x xi E M< Ei E J/
No. of awards implemented during the year
(b)/(d)
E n x |{i Ei E J/
03
E +i i Ei E J/
No. of unimplemented awards at the end of the year
NIL
/D. B]B vi Ei/ATM Related Complaints:

(B)/(a)
E + i Ei E J/
No. of Complaints pending at the beginning of the year
()/(b)
E n x |{i Ei E J/
No. of Complaints Received during the year
()/(c)
25880
E n x xi E M< Ei E J/
No. of Complaints Redressed during the year
(b)/(d)
368
26005
E +i i Ei E J/
No. of Complaints pending at the end of the year
155
243
5.5.
E u V SEi +x {j (B+)
5.5.
S k E n x E x Gi @h v ={v
Ex i `3638.03 Ec E 1202 B+ ({U
`2464.59 Ec E 382 B+) V EB*
31.03.2015 E E B+ E `1743.06 Ec
({U `1394.45 Ec ) l* E E xvh E +x
< v E< k | x {cM*
5.6.
5.7.
|vx EV +x{i
31.03.2015 E lli E E |vx EV +x{i
51.50% ({U 46.03%)
E n x E
During the current financial year, the Bank has issued

1202 number of LoCs amounting to `3638.03 crore (pre
vious year 382 number of LoCs amounting to `2464.59
Crore) for providing Buyers credit facility. The outstand
ing LoCs as on 31.03.2015 amount to `1743.06 crore
(previous year `1394.45 Crore). In Bank's assessment,
no financial impact is likely to arise in this respect.
5.6.
V, +O, BC{V + Bx{B E E xph
5.8.1.
V E E xph / Concentration of Deposits
Provision Coverage Ratio (PCR):

The provision coverage ratio as on 31.03.2015: 51.50 %
(Previous Year 46.03%)
5.7.
Vx + M-Vx |{i Ex : `20.63

Ec ({U `20.08 Ec )
5.8.
Letters of Comfort (LoCs) issued by banks:
Income from Bancassurance business during the year:

Commission received on life & non-life insurance
business: `20.63 Crore (previous year `20.08 Crore).
5.8.
Concentration of Deposits, Advances, Exposures &NPAs:
(` Ec )
h
/ Particulars
/ (` in Crore)
/ F.Y. 2014-15
k /F.Y. 2013-14
16598.09
18580.89
8.58
9.76
c VEi+ E E V
Total deposit of twenty largest depositors
E E E V c VEi+ E V E |ii
Percentage of deposits of twenty largest depositors to total deposits of the bank
5.8.2.
+O E E xph
(` Ec )
/Concentration of Advances:
/ Particulars
/ (` in Crore)
/ F.Y. 2014-15
k /F.Y. 2013-14
20506.17
22115.04
13.35
15.99
c =vi+ E E +O/
Total advances to twenty largest borrowers
E E E +O c =vEi+ E +O E |ii
Percentage of advances to twenty largest borrowers to total advances of the bank
BC{V E E xph / Concentration of Exposures
5.8.3.
(` Ec )
k
/ Particulars
/ (` in Crore)
/ F.Y. 2014-15
k /F.Y. 2013-14
28918.81
26517.48
12.74
19.18
c =vEi+/OE E E BC{V
Total exposure to twenty largest borrowers/ customers
E E E BC{V c =vEi+/
OE E BC{V E |ii
Percentage of exposure to twenty largest borrowers/
customers to total exposure of the bank on borrowers/customers
5.8.4.
(` Ec )
Bx{B { E xph /Concentration on NPAs
/ Particulars
/ (` in Crore)
/ F.Y. 2014-15
k /F.Y. 2013-14
1539.64
1239.61
S Bx{B Ji E BC{V (E)

Total Exposure to top four NPA accounts (Gross)
156
5.9. Ij Bx{B : vi Ij E E +O Bx{B E |ii /

Sector-wise NPAs: Percentage of NPAs to Total Advances in that sector
G
.
{U /Previous year
S /Current year
E
E
< Ij
< Ij
E E
E E
Bx{B E +O
Bx{B E +O
+O
+O
E Bx{B
E Bx{B
E |ii
E |ii
Ij/Sector
Sl
No
Percentage Outstanding
of Gross
Total
NPAs to
Advances
Total
Advances
in that
sector
Gross
NPAs
Percentage
of Gross
NPAs to
Total
Advances
in that
sector
Outstanding
Total
Advances
Gross
NPAs
21902.67
1450.92
6.62
20788.28
1562.90
7.52
9399.98
12841.17
7372.15
51515.97
683.74
789.92
148.59
3073.17
7.27
6.15
2.02
5.97
7945.74
11437.98
6297.80
46469.80
718.44
906.54
243.51
3431.39
9.04
7.93
3.87
7.38
0.00
56427.54
1680.60
0.00
43471.30
101579.44
153095.41
0.00
4420.56
178.77
0.00
685.47
5284.80
8357.97
0.00
7.83
10.64
0.00
1.58
5.20
5.46
0.00
53200.34
1544.53
0.00
11458.25
66203.12
112672.92
0.00
3542.62
267.99
0.00
154.81
3965.42
7396.81
0.00
6.66
17.35
0.00
1.35
5.99
6.56
E/A |lEi Ij/Priority Sector

1
E B r Miv
Agriculture and allied activities
|lEi Ij @h i {j
=tM Ij E +O
Advances to industries sector

eligible as priority sector lending
/Services
HE @h/Personal Loans
={ Vc(E)/Sub-Total (A)
J/B M |lEi Ij/Non Priority Sector
E B r Miv
1
3
4
Agriculture and allied activities

=tM/Industry
/Services
HE @h/Personal Loans
+x/Others
={ Vc(J)/Sub-Total (B)
E (E+J)/Total (A+B)
2
3
4
5
5.10.
Bx{B E Sx / Movement of NPAs
k / F.Y. 2014-15k /F.Y. 2013-14
h/Particulars
E + 1+| E E Bx{B (+l)/
Gross NPAs as on 1st April-beginning of the year (Opening Balance)
8068.04
5136.99
E n x r (xB Bx{B)/Additions (Fresh NPAs) during the year

={ Vc (B) / Sub- Total (A)
P]B / Less:(i) =zx / Upgradations
E)
(ii) (+{Ob Ji E M< E Uc
5021.31
6021.22
13089.35
11158.21
1782.95
1341.76
1209.38
966.74
1739.06
781.67
(iv) Write-offs other than those under (iii) above
0.00
0.00
={ Vc () / Sub- Total (B)

31 S E lli E Bx{B (<i) (B-)
4731.39
3090.17
Gross NPAs as on 31st March (Closing Balance) (A-B)
8357.96
8068.04
Recoveries (excluding recoveries made from upgraded accounts)

(iii) Technical/Prudential Write-offs
157
(` Ec )
iExE <] + + = E M< E |E]Eh
/ (` in Crore)
Disclosure on Technical write offs and the recoveries made thereon
h/Particulars
1 +| ( E + ) E lli iExE/
E{h <] + Ji +l
/ F.Y. 2014-15
k /F.Y. 2013-14
2533.67
3117.00
Add: Technical/ Prudential write-off during the year
1739.06
781.67
={ Vc (B) / Sub- Total(A)

P]B: E n x {U iExE/E{h <] +
Ji E M< ()
4272.73
3898.67
303.17
1365.00
3969.56
2533.67
Opening Balance of Technical/ Prudential written-off accounts as at April 1

(Beginning of the year)
r: E n x iExE/E{h <] +
Less: Recoveries made from previously technical/

prudential written- off accounts during the year (B)
31 S E lli <i (B-)

Closing Balance as at March 31 ( A-B)
5.11.
n +i Bx{B + V / Overseas Assets, NPAs and Revenue
h/ Particulars
E +i / Total Assets
E Bx{B /Total NPAs
E V /Total Revenue
/ (` in Crore)
k / F.Y. 2014-15
k /F.Y. 2013-14
12352.45
9388.23
192.96
210.75
240.13
208.68
ix {j |Vi B{ (Vx J xE E
+x Ei E Vx +{Ii )- x ({U :
x)
5.13.1 +{vi {x + OS] ni
B. k 2010-2011 E n x <n E (ES)
{x x 1995 E ii ES i {x v E{
E {x: Ex B OS] E Mix +vx, 1972 E
ii OS] + gk Ex { E x {x i
`708.07 Ec
+ OS] i `39.63 Ec E E
+iH E c ni +n E , V i
V E E nxE 09 , 2011 E {{j b+b
J {.. 80/21.04.018/2010-11 E +x
{vi E M * =H {{j E |vx E +x,
{vi JS E {S M (1/5th) E +h |iE
E Vx SB + inx, +{vi JS E {
`747.70 Ec
(+li {x i `708.07 Ec + OS]
i 39.63 Ec ), E + x J |i E
M* i V E E =H xn E +xh Ei B
E x S k E n x + x J `149.36
Ec (+li `141.66 Ec {x i + `7.70 Ec
OS] i ) E E |i E * +Oxi +{vi
x ({U `149.36 Ec )*
5.12.
(` Ec )
5.12. Off-Balance Sheet SPVs sponsored (which are required

to be consolidated as per accounting norms)NIL (Previous year :NIL)
5.13.1 Unamortised Pension and Gratuity Liabilities:
A.
158
On re-opening of Pension option to employees under

Allahabad Bank (Employees') Pension Regulations 1995
and enhancement in Gratuity limits under the Payment
of Gratuity Act 1972 during the financial year 20102011, the Bank had incurred huge liability towards
additional load amounting to `708.07 Crore for Pension
and `39.63 Crore for Gratuity, which were amortised
in terms of Reserve Bank of India circular DBOD
No.BP.BC.80/21.04.018/2010-11 dated 9th February,
2011. As per the provisions of the said circular, 1/5th of
the amortised expenses is to be absorbed each year
and accordingly, `747.70 Crore (i.e.`708.07 Crore for
Pension and `39.63 Crore for Gratuity) has been
charged to the Profit and Loss Account in F.Y. 2010-11
to F.Y. 2014-15 . Following the said directive of the
Reserve Bank of India, during the current financial year
the Bank has charged a sum of `149.36 Crore (i.e.
`141.66 Crore for Pension and `7.70 Crore for Gratuity)
to the Profit and Loss Account. The unamortised
amount carried forward is Nil (Previous year `149.36
Crore).
01.04.2010 E +l E n E Vcx ES
i {i +nx xk i Vx E Exx
, E x {B+bB E xE + | xjh E
+iMi Bx{B E E{] b i ] {x |h
+{x + E xxq] ES i xH-ES
v E {v E +iMi i E{] Bx{B
+ V E +| 2012 {Si E M *
vx i |vx : ES E ix vx (10
u{I Zi) V x 2012 n E Eh E
{ {cx i i E x S k E
n x `361.98 Ec E |vx E * ({U 201314 i 282.00 Ec + 2012-13 i `100 Ec )*
< |E 31 S 2015 E lli ix vx i E
`743.98 Ec
E |vx E M * i E P
E Mn x]/+vi Vx+ E xvx i E E
xi E l l 23.02.2015 E SS Ek { iI
Ex E n +<B |{i +tix bE E l {ì
i W E E nxn E +x{x E x <
k E n x 10 u{I Zi E Eh {cx
i E |vx E v E I E * < v
i E P E Mn x] E Ji +x{x E
=q +vi Vx+ (l {x,OS] + +E
xEnEh) E v xvx E E +xx E E
+xni EE u EB MB EE x E +v
{ M M + inx `743.98 Ec E E
|vx E {x: +]i E M (1) ix E `419
Ec (2) {x `224.25 Ec (3) OS] `66.44 Ec
(4) +E xEnEh `34.27 Ec *
B.
In implementation of the Defined Contribution Retirement

Benefit Scheme for the employees joining service of the
Bank on or after 01.04.2010, the Bank has adopted
National Pension System for Corporate Model of NPS
under the regulatory and administrative control of PFRDA
and has joined NPS as Corporate under the purview
of employer-employee relationship for these
underlying employees, which has been operationalised
in our Bank since April,2012.
5.13.2.ix
5.13.2. Provision on account of Wage revision: To meet the

probable load on the Bank on account of wage
revision of employees (10th bipartite settlement)
which is due from November 2012, the Bank has
made a provision of `361.98 Crore during the current
financial year (previous year 2013-14, `282.00 Crore
& for year 2012-13 `100.00 crore).As such total
Provision on account of wage revision as on 31st
March 2015 stands at `743.98 Crore. Keeping in line
with the IBA's Guidance Note/ Bank's Policy on
Funding Superannuation Schemes as also in
compliance of RBI directive in the matter read with
the latest feedback received from IBA after signing
of 'Minutes of Discussion' on 23.02.2015, the Bank
reviewed the model of provisioning in respect of the
probable load on account of 10th Bipartite Settlement,
during this fiscal. With the object to achieve strict
compliance of the IBA's Guidance Note in this regard,
the probable funding load on Superannuation
Schemes (viz. Pension, Gratuity and Leave
Encashment) have been estimated on the basis of
actuarial valuation conducted by Bank's approved
Actuary and accordingly, aggregate provision of
`743.98 Crore has been relocated as (1) Arrear Salary
`419.00 Crore; (2) Pension `224.25 Crore;(3)
Gratuity `66.46 Crore and (4) Leave Encashment
`34.27 Crore.
5.14 {v vi |E]x: <n E BE VxE

Ij x E xi i V E E nxE 13 Vx
2012 E {{j . b+b. . .72/29.67.001/
2011-12 E +x {v E |E]x |V x *
5.14.
5.15 |iiEh vi |E]x
5.15.
As Allahabad Bank is a Public Sector Bank,

Disclosures on Remuneration is not applicable as
per RBI Circular No.DBOD. NoBC.72/29.67.001/
2011-12 dated January 13, 2012.
E u E B{ E |Vi x EB Vx E Eh
ix {j E il E lli B{ E |ii +i
E E x ({U : x)
5.16 Gb] b] { : x
Disclosure on Remuneration:
Disclosures relating to Securitization:

As there is no SPVs sponsored by the Bank, the
outstanding amount of securitized assets of SPVs
as on date of balance sheet is Nil (Previous year:
Nil)
5.16.
E E Gb] b] { E< BC{V x + <

|E Gb] b] { E x i E +iE b
E |M x E M *
159
Credit Default Swaps: Nil

Bank is not having any exposure in credit default
swap and as such not using any internal model
for pricing of credit default swaps.
5.17 <] O{ BC{V

E E {hi + +i i E l+ E
E BC{V xxx *
5.17.
Intra-Group Exposures:
Bank's exposure to the group entities that are owned by the

bank fully or partly are as under;
(` Ec )
h/
Particulars
/ (` in Crore)
k /
k /
F.Y. 2014-15
F.Y. 2013-14
171.27
171.27
171.27
171.27
0.05
0.05
NIL
NIL
E/a) <]-O{ BC{V E E /Total amount of Intra-group exposures

J/b) 20 <]-O{ BC{V E E /Total amount of top-20 intra-group exposures
M/c) =vEi+/OE E E E BC{V <]-O{ BC{ E |ii
Percentage of intra-group exposures to total exposure of the bank on borrowers/customers
P/d) <]-O{ BC{V E icx + = { E M< xE E<, n E< E h

Details of breach of limits on intra-group exposures and regulatory action thereon, if any
5.18 VEi I + VMEi xv (b<BB) E +ih
5.18. Transfers to Depositors Education and Awareness Fund

(DEAF)
+n niB V E n E E n x xxx b<BB

+ii E M
Unclaimed liabilities where amount due has been transferred

to DEAF during the year are as under;
(` Ec )
h/ Particulars
/ (` in Crore)
k / F.Y. 2014-15
k /F.Y. 2013-14
0.00
NIL
9.61
NIL
0.00
NIL
9.61
NIL
b<BB +ii E +l /
Opening balance of amounts transferred to DEAF
Vc: E n x b<BB +ii /

Add: Amounts transferred to DEAF during the year
P]B: n i b<BB |i{i E M< /

Less: Amounts reimbursed by DEAF towards claims
b<BB +ii E <i /

Closing balance of amounts transferred to DEAF
5.19 +xVb n p BC{V
5.19.
={v b], ={v k h + =vEi+ |{i Ph

E +v { E x 15 Vx 2014 E E {{j b+b
. {..85/21.06.200/2013-14 + nxE 3 Vx 2014
E {{j . b+b . {..116/21.06.200/2013-14
nB MB {i {]Eh E +x +{x OE E B +xVb
n p BC{V E v 31 S 2015 iE .1.13
Ec E +xx M * S +xxi E {hi
|vx E M *
Based on the available data, available financial state

ments and the declaration from borrowers wherever
received, the Bank has estimated the liability of `1.13 crore
upto 31st March, 2015 on Unhedged Foreign Currency Exposure to their constituents in terms of RBI circular DBOD.
No.BP.BC.85/21.06.200/2013-14 dated 15th January 2014 and
subsequent clarification vide circular no. DBOD. No.BP.BC.116/
21.06.200/2013-14 dated 3rd June, 2014.The entire estimated
amount has been fully provided for.
6.
ii EV +x{i
31 S 2015 E {i i i ii EV +x{i
(B+) vi Sx xxx :
6.
160
Unhedged Foreign Currency Exposure:
Liquidity Coverage Ratio:

Liquidity Coverage Ratio(LCR) related information for
the quarter ending March 31,2015 is given as under;
B+ |E]x/LCR Disclosure:
6.1.
(` Ec )
/ (` in Crore)
k 2014-15/F.Y.2014-15
E i
E +i
(+i)
(+i)
h/Particulars
Total Unweighted Total Weighted

Value(average) Value(average)
=SS E] E i +i/High Quality Liquid Assets

1. E =SS E] E i +i(BSCBB)/Total High Quality Liquid Assets(HQLA)
xEn |/Cash Outflows
E OE |{i V Vx
2. Jn V + U]
Retail deposits and deposits from small business customers, of which
1234567890123456789012
1234567890123456789012
1234567890123456789012
1234567890123456789012
1234567890123456789012
110337.88
l V /Stable deposits
2564.75
(ii) E l V/Less stable deposits
107773.13
+|ii lE xvx V /Unsecured wholesale funding, of which:
29439.77
55.11
(i) {Sx V ( |i{I) /Operational deposits(all counterparties)
(ii) M {Sx V ( |i{I)/Non-operational deposits(all counterparties)
29384.66
0.00
(iii) +|ii @h/Unsecured debt
1234567890123456789012
1234567890123456789012
1234567890123456789012
1234567890123456789012
1234567890123456789012
|ii lE xvx/Secured wholesale funding
1234567890123456789012
+iH +{IB V/Additional requirements, of which
15369.69
(i) b] BC{V + +x {E +{I+ vi |
(i)
3.
4.
5.
Outflows related to derivative exposures and other collateral requirements

(ii)
22240.88
10905.55
128.24
10777.31
7012.55
13.78
6998.77
0.00
0.00
1241.53
0.00
0.00
0.00
0.00
15369.69
1241.53
2619.65
2619.65
b] BC{V + +x {E +{I+ vi |
Outflows related to derivative exposures and other collateral requirements
@h B ii vB /Credit and liquidity facilities

6. +x nMi xvx viB/Other contractual funding obligations
7. +x +EE xvx viB/Other contigent funding obligations
8. E xEn |/Total cash Outflows
xEn +i:|/Cash Inflows
9. |ii @h (+li {)/Secured lending(e.g. reverse repos
10. {hi x{nE BC{V +i:|/Inflows from fully performing exposures
11. +x xEn +i:|/Other cash inflows
12. E xEn +i:|/Total Cash Inflows
(iii)
18215.66
1234567890123456789012
1234567890123456789012
1234567890123456789012
1234567890123456789012
1234567890123456789012
910.78
22690.06
0.00
0.00
4981.48
2490.74
2624.82
2624.82
6753.73
4262.99
E Vi /
13.
14.
15.
1234567890123456789012
Total Adjusted Value
1234567890123456789012
1234567890123456789012
1234567890123456789012
22240.88
1234567890123456789012
1234567890123456789012
1234567890123456789012
1234567890123456789012
1234567890123456789012
17574.50
1234567890123456789012
1234567890123456789012
1234567890123456789012
1234567890123456789012
126.55
1234567890123456789012
E BSCBB/TOTAL HQLA
E x xEn +i:|/Total Net Cash Outflows
Ii EV +x{i/Liquidity Coverage Ratio(%)
6.2 B+ E v MhiE |E]x

ii EV +x{i(B+) xE E =q E E {{i
i { +i =SS E] E i +i xB J V
{IE u xn] ii E +ivE E x E li
30 Eb n E +{x ii Vi E { Ex i
xEn n V Ei * B+ E E i ii
P]x { +{EE |nx Ei CE xSi Ei
E E E { ii E +ivE n E li E x
Ex i 30 nx i {{i BSCBB *
6.2 Qualitative disclosure around LCR:
161
The Liquidity Coverage Ratio (LCR) standard aims to

ensure that the bank maintains an adequate level of
unencumbered High Quality Liquid Assets (HQLAs) that
can be converted into cash to meet its liquidity needs for
a 30 calendar day time horizon under a significantly
severe liquidity stress scenario specified by supervisors.
The LCR promotes short-term resilience of banks to
potential liquidity disruptions by ensuring that they have
sufficient HQLAs to survive an acute stress scenario
lasting for 30 days.
ii EV +x{i (B+) =
Liquidity Coverage Ratio (LCR) =
=SS E] E i +i E ]E
Stock of high quality liquid assets (HQLAs)
+M 30 Eb n E xx xEn |
B+ +{IB E E B 1 Vx 2015 | *
+{I Eb 2015 i xxi 60% + < xS n M<
E +x 1 Vx 2019 iE 100% E +{Ii i
x Sh g VBM*
Total net cash outflows over the next 30 calendar days
1 Vx 2015
The LCR requirement has become effective for banks from

January 1, 2015. The requirement would be minimum 60% for
the calendar year 2015 and rise in equal steps to reach the
minimum required level of 100% on January 1, 2019, as per
the time-line given below,
1 Vx 2016
1 Vx 2017
1 Vx 2018
January 1, 2015 January 1, 2016 January 1, 2017 January 1, 2018
1 Vx 2019
January 1, 2019
xxi B+ +{I
Minimum LCR Requirement
60%
70%
80%
90%
100%
t{ E E B+ +x +{I E +vE
il{ Ji: BB+ x E j + V E {{Ci
{ix E Eh <E i +i +
Although the LCR of the Bank has been well above the
mandatory requirements, there has been a variation in its level
mainly due to changes in the quantum of SLR investments
and maturity of deposits.
E B+ {h i J EE < |E *
In our Bank, the main drivers for LCR results are,
+x BB+ +{I E +iH xB J MB =SS

E] E i E |ii E +xE i Vx
i ii |{i Ex i E b V S {
E V Ei *
++ E { xEn E {{i i
The comfortable level of high quality liquid Govt.

Securities maintained over the mandatory SLR
requirement, which can be sold or repo in the second
ary market to avail easy liquidity;
Adequate level of cash in the form of CRR balances;
=SS n {B b + E{] b E E
x*
Bank's investments in highly rated PSU Bonds and

Corporate Bonds;
Vx ]bM ] E +iMi ={v

+iH ii v + ii EV +x{i i
ii |{i Ex E v (BBBB+)
Additional liquidity facilities available from RBI

under Marginal Standing Facility (MSF) and Facility
to avail Liquidity for Liquidity Coverage Ratio
(FALLCR);
=SS i E Jn V VxE n E {li

P]x E E x i *
E E b] xMh BC{V * n p BC{V
i{h x + E +i <E +iE E{h E
E +n * <E Eh ii { E i{h | {cx
E x E E *
]V E E i +i + xv E li E |v Ei *
|vx E +i ni |vx EI ii +v { E E
ii E li E x]M Ei + ]V E l Mi
{E i *
7. +EE niB
ix {j E +xS 12 E G J (I) (VI) l
=Ji B niB G: x/+]x/x E
x{]x E {h, +{ E x{]x, M E M< ,
nMi vi+ E i, P]xG + vi {IE
u E M< M { x *
High level of retail deposits which are expected to

have low run-offs in case of stressed conditions.
8.
{V Mi Ji { x{nx i n E +xxi
VE |vx x E M (+O E x) `115.65
Ec ({U `61.05 Ec )*
The Bank has negligible exposure to Derivatives. Exposure to

foreign currencies is also not significant and currency gaps
are well within its internal prudential limits. Any significant
impact on liquidity on account of this is least expected.
The Treasury manages the liquid assets and fund position of
the Bank. The Asset Liability Management Cell at Head Office
also monitors the liquidity position of the Bank on continuous
basis and remains in constant touch with the Treasury.
7.
Contingent Liabilities:
Such liabilities as mentioned at Sl. No.(I) to (VI) in
schedule 12 of Balance Sheet are dependent upon the
out come of court / arbitration / out of court settlement,
disposal of appeals, the amount being called up, terms
of contractual obligations, devolvement and raising of
demand by concerned parties respectively.
8.
162
Estimated amount of contracts remaining to be executed

on capital account and not provided for (Net of advance)
`115.65 Crore (Previous Year `61.05 Crore).
+x{V +i E +iMi vi |vx E Ij E+{

E E +O +xxi +v { P] n M iE
ix {j E +xS 9 lH x +O E xE
E*
|lEi Ij +O E u <n { Oh E
VJ ] E +v { G EB MB |iI E +O E
+i E Mi |h{j i `1500.00 Ec ({U
`900 Ec ) * < |E E u <n
{ Oh E E S MB M |lEi Ij E +i E
Mi |h{j i `1500.00 Ec ({U 900
Ec ) E +O P] M *
9.
Sector wise break-up of provision held under non-per

forming advances is deducted on estimated basis from
gross advances to arrive at the balance of net advances
as stated in the Schedule-9 of the Balance Sheet.
10.
Priority Sector Advances include `1500.00 Crore (previ

ous year `900.00 Crore) on account of Inter Bank
Participation Certificates (IBPC) of Direct Agriculture
Advances purchased by the Bank on risk sharing basis
from Allahabad U.P. Gramin Bank. Likewise, `1500.00
Crore (previous year `900.00 Crore) has been reduced
from advances being amount of Inter Bank participation
Certificates of non-priority sector advances sold by the
Bank to Allahabad U.P. Gramin Bank.
11.
E n x, E x + E +vx, 1961 E v 36
(1) (viii) E +x |Ii `258.00 Ec ({U
`261.00 Ec )E E +ii E *
11.
During the year, the Bank has transferred a sum of

`258.00 Crore (Previous Year `261.00 Crore) to Special
Reserve in terms of section 36 (1) (viii) of the income
Tax Act, 1961.
12.
i V E E {{j b+b . {..2/

21.06.201/2013-14 nxE 1V< 2013 E +x E
E 30i 2013 -*** {V +{I+ E +iMi
+vE +v { { 3 |E]x Ex +{Ii * |E]x
E E E xxJi <] E { ={v E M
(https://www.allahabadbank.in/english/home.aspx)
12.
In accordance with RBI circular DBOD.No.BP.BC.2/

21.06.201/2013-14 dated 1st July, 2013, banks are
required to make half yearly Pillar 3 disclosures under
Basel III capital requirements with effect from 30th
September, 2013. The disclosures have been made
available on Bank's website at the following link
(https://www.allahabadbank.in/english/home.aspx).
13. E E xnE b x k 2014-15 i E E SEi

{V E 16.30% E n |i <C] `1.63 E
E ii E *
14 E x `10 ({B n j) E +Ei 2,67,69,282
(n Ec c` J =xk V n ) <C]
|i `109.54 ({B BE x B { Sx j)
E | { i E (i E ]{i) E `119.54
({B BE =z B { Sx j) E xM {
+vx +v { `319,99,99,970.28 ({B ix =z
Ec xxx J xxx V x k B { +]`<
j) E E |i { 25.03.2015 E +]i EB *
<E {h { i E (i E ]{i) E
vi 58.90% gE 60.83% M< *
13.

dividend of `1.63 per equity share i.e. @ 16.30% of paid
up capital of the Bank for F.Y. 2014-15.
14.
The Bank has issued and allotted 2,67,69,282 (Two Crore

Sixty Seven Lac Sixty Nine Thousand Two Hundred
Eighty Two) equity shares of face value of `10.00
(Rupees Ten only) at an issue price of `119.54 (Rupees
One hundred nineteen and paisa fifty four only)
including a premium of `109.54 (Rupees One Hundred
Nine and Paisa Fifty Four only) per equity share to Govt.
Of India (President of India) on preferential basis on
25.03.2015 for a total consideration of `319,99,99,970.28
(Rupees Three Hundred Nineteen Crore Ninety Nine Lac
Ninety Nine Thousand Nine Hundred Seventy and Paisa
Twenty Eighty only). As a result, the shareholding of Govt.
of India (President of India) has increased from 58.90 %
to 60.83 %.
15. k 2014-15 E n x E x E `500 Ec E ]

2 {V bS { E *** +x{x ] 2 b E
|<] {] E v =M *
15.
During the financial year 2014-15, the Bank has raised

Tier 2 Capital aggregating to `500 crore through private
placement of BASEL-III compliant Tier 2 bonds in the
nature of debentures.
16. EE E{x (={G E +Vx + +ih) +vx,

1970 E v 10 (16.10.2006 E +i:l{i) E ={v
+ i E, k j u nxE 21.05.2014 E
{j . B. .7/93/2013-14-+B E ii V nxn
E +x k 2006-07 iE E E E +nk +
+n E Exp E u l{i xE I +
I xv (+<<{ B) +ii E M *
16.
In terms of the provisions of Section 10B of the Banking

Companies (Acquisition and Transfer of Undertakings)
Act, 1970 (Inserted on 16.10.2006) and in terms of
directives issued by Government of India, Ministry of
Finance vide their letter No.F.No.7/93/2013-BOA dated
21.05.2014, the unpaid and unclaimed dividends of the
Bank up to the FY 2006-07 have been transferred to
Investors Education & Protection Fund (IEPF) estab
lished by the Central Government.
17. xZx (Sx) E E |ixv E 01.09.2014 E

n E n M *
V +E Z M {U E +Ec E {x:i
+l {x:MEi E M *
17.
The Bank's representative office abroad at Schenzhen

(China) has been closed on 01.09.2014
9.
10.
163
Figures of previous year have been regrouped or

reclassified wherever considered necessary.
< n E
ALLAHABAD BANK
xEn | h
31 S, 2015 E {i i
Cash Flow Statement
For the year ended 31st March, 2015
h / Particulars
2014-15
(` V / ` in thousand)
2013-14
{Sx Miv xEn |

Cash Flow from Operating Activities
E n x +O, xvx +n |{i V

Interest received during the year from advances,
Investments etc.
+x + /Other Income
P]B/Less:
E n x V { |nk V
Interest paid during the year on Deposit
197161167
19929504
187466825
217090671
(129251541)
21611438
209078263
(128553170)
|vx B +EEi+ i {Sx

Operating Expenses including Provisions &
Contingencies
(75529825)
Vc: / Add:
l +i { /Depreciation on Fixed Assets
B. {Sx Vi xEn
({SxMi +i + ni+ {ix {)
a.
(204781366)
(63050508)
(191603678)
993600
818161
13302905
18292746
Cash Profit generated from operations

(prior to changes in operating assets and liabilities)
. ni+ r (E) : V
b.
Increase (Decrease) in Liabilities: Deposit
25812388
121012057
+x niB B |vx/Other Liabilities & Provisions
9518278
8695847
35330666
129707904
. +i E (r) :
c. Decrease (Increase) in Assets:
+O /Advances
xvx /Investments
+x +i /Other Assets
B. {SxMi Miv x xEn | (B++)
(118668503)
(85169222)
74817933
(56546752)
6632822
A. Net Cash Flow from Operating activities (a+b+c)
(37217748)
(6069566)
11415823
(147785540)
215110
x Miv xEn |
Cash Flow from Investing Activities
l +i E G/x{]x/Sale/disposal of fixed assets

l +i E G /Purchase of fixed assets etc.
. x Miv x xEn |
39321
102791
(1990053)
(1502685)
B. Net Cash Flow from Investing Activities
(1950741)
164
(1399894)
xEn | h (V...) / Cash Flow Statement (Contd.)

h / Particulars
k{h Miv xEn |
(` V /
2014-15
` in thousand)
2013-14
Cash Flow from Financing activities
=v /Borrowings
=v { |nk V /Interest Paid on Borrowings
(E i) /Dividends (including tax)
i E E E xM /Issue of Shares to Govt of India
] II b E xM B n @h
21851502
20331839
(6130880)
(5800438)
x/NIL
(5102948)
3200000
4000000
x/NIL
x/NIL
x/NIL
x/NIL
Issue of Tier II Bonds & Perpetual Debt
Mh @h E vx /Redemption of Sub Debt

. k{h Miv Vi x xEn
C. Net cash generated from Financing Activities
18920622
13428453
28385704
12243669
E n x E xEn | (B++)
Total Cash Flow during the year (A+B+C)
h / Particulars
b. E + xEn + xEn i
D. Cash & Cash equivalent at the beginning of the year
i W E E vtm xEn il
Cash & Balances with RBI
88344455
78082218
E + M il +{ Sx { |{ vx
Balances with Banks and Money at Call and Short Notice
E /Total
54606567
52625135
142951022
130707353
<. E +i xEn + xEn i

E. Cash and cash equivalent at the end of the year
i W E E { xEn +
Cash and Balances with RBI
96602231
88344455
E + M il +{ Sx { |{ vx
E /Total
E n x E xEn | (<-b) /
Total Cash Flow during the year (E-D)
(V. E. J)
E{E xnE
E{E xnE
(Rakesh Sethi)
(J. K. Singh Kharb)

Executive Director
(N. K. Sahoo)
Executive Director
54606567
171336726
142951022
28385704
12243669
(B. E. M)
({. B. |vx)
( )
|vE (k B J)
={ |vE (k B J)
E |vE (k B J)
(A. K. Goel)
(P. L. Pradhan)
(Bhavesh Mishra)
(Bx. E. )
(E ` )
+vI B |v xnE
xnE / Directors:
Ei . ] Bb { i
Ei . Jb EEx Bb E.
xn JE
xn JE
(B x b. ME)

{]x / Partner
Ei . P xl Bb E.
(B Bx.{xn)
(CA N. Purandare)
{]x / Partner
Ei . l Bb BB]
Ei . Bx. . xV Bb E.
(B x )
(B B. x)
(B . E. )
(CA S. Srinivas)
{]x / Partner
{]x / Partner
xn JE
(CA Meenal Singh)

{]x / Partner
{
V
E
h
./Firm Regn. No. 000451N

nxE
74734495
xn JE
/ Date: 08.05.2015
165
xn JE
(CA B.K. Biswas)
J{IE ij E {]
INDEPENDENT AUDITORS REPORT

i E ]{i
k h v {]
To
The President of India
Report on the Financial Statements
1. x 31 S 2015 E lli <n E E ]b Bx

k h E J{I E V 31 S 2015 E
lli ix{j, = E {i +v i -x
J il xEn | h B i{h J xi E
il =x vi +x JiE Sx ] * <x
k h u J{Ii 1 C ]V
J i 20 JB, J J{IE u J{Ii
1365 JB + lx J{IE u J{Ii 1
n J * u J{Ii B +x J{Ii
J+ E Sx E u i V E u V nxn
E +x E M * < 1770J+ E ix{j B
x h V J{I E +vx x l* <x
+J{Ii J+ +O E 8.95 |ii, V E
28.12 |ii, V + E 6.11 |ii il V E
24.15 |ii *
1.
k h i |vx E ni
Managements Responsibility for the Financial Statements
2. EM xx +vx, 1949 E v 29, i xi:

Ei J ri E l l E { l|V i
xnJE lx xn] JxE xvi +Yx
+ {x ri + { i V E u
V nxn +G {{j E +x <x k h E
i Ex E ni |vx E * < ni Ei
k h E i Ex i |ME +iE xjh E
i Ex, Exx Ex + =E JJ Ex
V i{h l h, vJvc +l SE E Eh,
H *
2.
J{IE E ni
3. ni J{I { +vi <x k h
{ +{x nx * x +{x J{I i xn
JE lx u V xE J{I E +x E *
=x xE +{Ii E xi{E +{I+ E
+x{x E + Vx x E J{I E x{ni E
V Si +x |{i E C Ei k h
i{h l h H *
Auditors Responsibility
3.
Our responsibility is to express an opinion on these

financial statements based on our audit. We conducted
our audit in accordance with the Standards on Auditing
issued by the Institute of Chartered Accountants of India.
Those Standards require that we comply with ethical
requirements and plan and perform the audit to obtain
reasonable assurance about whether the financial
statements are free from material misstatement.
4. E J{I E J{I I |{i Ex

E |G x{ni E Vi + B k h
|E]Eh E Vi * Sx Vx |G J{IE E
xh { vi i V k h i{h l
h E VJ E xvh, E{] +l SE E Eh,
i * <x VJ E xvh Ex J{IE
E E i + J{I h E =Si |iiEh
vi |ME +iE xjh E vx Ji +
{li E +x{ =Si J{I |G xvi Ei *
J{I |M < M< J xi E ={Hi B
4.
An audit involves performing procedures to obtain audit

evidence about the amounts and disclosures in the
financial statements. The procedures selected depend
on the auditors judgment, including the assessment of
the risks of material misstatement of the financial
statements, whether due to fraud or error. In making
those risk assessments, the auditor considers internal
control relevant to the Banks preparation and fair
presentation of the financial statements in order to
design audit procedures that are appropriate in the
circumstances. An audit also includes evaluating the
appropriateness of accounting policies used and the
166
We have audited the accompanying standalone financial

statements of ALLAHABAD BANK as at 31st March, 2015,
which comprise the Balance Sheet as at March 31, 2015,
and Profit and Loss Account and the cash flow statement
for the year then ended and a summary of significant
accounting policies and other explanatory information
thereon. Incorporated in these financial statements are
the returns of 20 branches including 1 Forex cum
Treasury Branch, audited by us and 1365 branches
audited by branch auditors and one overseas branch
audited by local auditor. The branches audited by us
and those audited by other auditors have been selected
by the Bank in accordance with the guidelines issued to
the Bank by the Reserve Bank of India. Also incorporated
in the Balance Sheet and the Statement of Profit and
Loss are the returns from 1770 branches which have
not been subjected to audit. These unaudited branches
account for 8.95 percent of advances, 28.12 percent of
deposits, 6.11 percent of interest income and 24.15
percent of interest expenses.
Management is responsible for the preparation of these

financial statements in accordance with section 29 of
the Banking Regulation Act, 1949 of India, accounting
principles generally accepted in India along with the
recognition and measurement principles laid down in
the Accounting Standards specified by Institute of
Chartered Accountants of India so far as they are
applicable to the Bank and guidelines and circulars
issued by Reserve Bank of India from time to time. This
responsibility includes the design, implementation and
maintenance of internal control relevant to the
preparation of the financial statements that are free from
material misstatement, whether due to fraud or error.
|vx u EB MB J |CEx E Sii E l l

Ei k h E Oi: |iiEh E Ex
i *
5. E u |{i J{I I
J{I |nx Ex i {{i B Si *
+i
6. , V E E E |ni i , +
k VxE il nB MB {]Eh E +x:
(i)
(ii)
ix{j, = nB MB x] E l {ì, BE {h B =Si

ix{j V +E h nB MB < =Si
{ i E M , V E E E E 31 S
2015 E lli + =Si li |E] +
xi: i Ei J ri E +x{ ;
x Ji, = nB MB x] E l {ì, xi:
i Ei J ri E +x{ Ji u E
E ni ; +
xEn | h = il E {i i xEn | E
+ =Si li ni *
+x vE B xE +{I+ v {]
7. ix {j B x Ji EM xx +vx, 1949
E i +xS E G: B B i EB MB
*
8. ={H {O 1 5 =Ji J{I E + E
+v { B EE E{x (={G E +Vx B +ih)
+vx, 1970 u l +{Ii il = |E] + E
+vx, {] Ei E:
(B) x SxB B {]Eh |{i EB V
k VxE B E +x J{I E |Vxl
+E l il x =x iVxE { *
() VxE +B E E xnx E E +vE E +iMi
*
() E E J+ B E |{i h J{I
E B {{i {< M< *
(iii)
9. J{I i ix{j, -x J +
xEn | h |V J xE E +x{ *
reasonableness of the accounting estimates made by

management, as well as evaluating the overall
presentation of the financial statements.
5.
We believe that the audit evidence we have obtained is

sufficient and appropriate to provide a basis for our audit
opinion.
Opinion
6.
In our opinion, as shown by books of bank, and to the

best of our information and according to the explanations given to us :
(i)
the Balance Sheet, read with the notes thereon is a full

and fair Balance Sheet containing all the necessary
particulars, is properly drawn up so as to exhibit a true
and fair view of state of affairs of the Bank as at 31st
March 2015 in conformity with accounting principles
generally accepted in India;
(ii)
the Profit and Loss Account, read with the notes thereon
shows a true balance of profit in conformity with accounting principles generally accepted in India, for the
year covered by the accounts ; and
(iii) the Cash Flow Statement gives a true and fair view of
the cash flows for the year ended on that date.
Report on Other Legal and Regulatory Requirements
7.
The Balance Sheet and the Profit and Loss Account have
been drawn up in Forms A and B respectively of the
Third Schedule to the Banking Regulation Act, 1949.
8.
Subject to the limitations of the audit indicated in paragraph 1 to 5 above and as required by the Banking Companies (Acquisition and Transfer of Undertakings) Act,
1970 and subject also to the limitations of disclosure
required therein, we report that:
We have obtained all the information and explanations
which to the best of our knowledge and belief, were
necessary for the purposes of our audit and have found
them to be satisfactory.
The transactions of the Bank, which have come to our
notice have been within the powers of the Bank.
The returns received from the offices and branches of
the Bank have been found adequate for the purposes of
our audit.
a)
b)
c)
Ei . ] Bb { i
In our opinion, the Balance Sheet, Profit and Loss

Account and Cash Flow Statement comply with the
applicable accounting standards.
Ei . Jb EEx Bb E.
xn JE
xn JE
(B x b. ME)
(B Bx. {xn)

{]x / Partner
Ei . P xl Bb E.
(CA N. Purandare)
{]x / Partner
Ei . l Bb BB]
Ei . Bx. . xV Bb E.
(B B.x)
(B . E. )
xn JE
(B x )
(CA Meenal Singh)
{]x / Partner
nxE/Date: 08.05.2015
xn JE
(CA S. Srinivas)
{]x / Partner
167
xn JE
(CA B.K. Biswas)

{]x / Partner
< n E
ALLAHABAD BANK
31 S, 2015 E lli Ei ix-{j

Consolidated Balance Sheet as on 31st March, 2015
(` Ec ) (`` In Crore)
+xS
PARTICULARS
lli
SCHEDULE
lli
AS ON
AS ON
31.03.2015
31.03.2014
1
2
3
4
5
571.38
12335.34
193376.00
14328.50
7068.44
227679.66
544.61
11496.68
190834.90
12138.98
5936.77
220951.94
9660.29
8834.52
7
8
9
10
11
7481.08
56952.83
149877.11
1413.33
2295.02
5481.08
64376.24
138007.56
1316.33
2936.21
12
227679.66
109888.03
9221.44
220951.94
73358.67
11805.17
{V + niB / CAPITAL & LIABILITIES

{V/Capital
|Ii B +v/Reserves & Surplus
V/Deposits
=v/Borrowings
+x niB + |vx/Other Liabilities and Provisions
E /Total
+i / ASSETS
i W E xEn + /
Cash and Balances with Reserve Bank of India
E + M il +{ Sx { n vx /
xvx/Investments
@h B +O /Loans & Advances
+S +i /Fixed Assets
+x +i / Other Assets
Ex { J / Goodwill on Consolidation
B x Ji E x /
Debit Balance of Profit and Loss A/C
E /Total
+EE niB / Contingent Liabilities
h E B / Bills for Collection
i{h J xi /Significant Accounting Policies
J ]{{h /Notes on Accounts
18
19
Wvh mk=rCo; ylwmqragt tuFu fUt +z ykd /

The schedules reffered to above form
an integral part of the Accounts
(E ` )
(V. E. J)
(B. E. M)
({. B. |vx)
( )
+vI B |v xnE
E{E xnE
E{E xnE
|vE (k B J)
={ |vE (k B J)
E |vE (k B J)
(Rakesh Sethi)
(J. K. Singh Kharb)

Executive Director
(N. K. Sahoo)
Executive Director
(A. K. Goel)
(P. L. Pradhan)
(Bhavesh Mishra)
xnE / Directors:
<. {. / Shri Y. P. Singh
(Bx. E. )
Ei . ] Bb { i
xn JE
xn JE
(B x b. ME)

{]x / Partner
(B Bx.{xn)
(CA N. Purandare)
{]x / Partner
Ei . l Bb BB]
Ei . P xl Bb E.
Ei . Bx. . xV Bb E.
(B x )
(B B. x)
(B . E. )
xn JE
xn JE

nxE / Date: 08.05.2015
Ei . Jb EEx Bb E.
(CA Meenal Singh)

{]x / Partner
(CA S. Srinivas)
{]x / Partner
168
xn JE
(CA B.K. Biswas)

{]x / Partner
< n E
ALLAHABAD BANK
31 S, 2015 E {i i Ei x J
Consolidated Profit & Loss Account for the year ended 31st March, 2015
+xS
PARTICULARS
I. + / Income
+Vi V / Interest earned
+x + / Other income
E /Total
lli
(` Ec ) (`` In Crore)
lli AS ON
AS ON
SCHEDULE
31.03.2015
31.03.2014
13
14
19749.06
2124.58
21873.64
18775.60
2274.20
21049.80
15
16
13537.34
3857.02
3848.14
21242.50
13434.56
3583.91
2850.58
19869.05
17
17.89
7.68
649.03
1188.43
x/NIL
x/NIL
649.03
1188.43
519.93
1168.96
373.33
1561.76
160.47
332.60
295.97
585.02
113.72
160.84
562.17
1168.96
519.93
1561.76
/ EXPENDITURE
E M V / Interest expended
{Sx / Operating expenses
|vx + +EE / Provisions & Contingencies
E /Total
BB] +/x E +
II.
Share of earnings/loss in Associates
+{JE V P]x { E Ei x /(x)

Consolidated Net profit/(loss) for the year before deducting
Minorities Interest
P]B : +{JE V r
i Ei /(x) /
Less: Minorities Interest
Consolidated profit/(loss) for the year attributable to the group
Vc: r Ei /(x) +Oxi
Add: Brought forward consolidated profit/(loss)

attributable to the group
E /Total
III.xVx / APPROPRIATIONS
mtkrJr"f |Ii E +ih / Transfer to Statutory Reserves
+x |Ii E +ih / Transfer to Other Reserves
yk;rhb / |ii ( vh fUh mrn;)
Interim / Proposed Dividend (Including Tax on Dividend)
Ei ix {j +Oxi
Balance carried over to consolidated Balance Sheet

E /Total
i{h J xi/Significant Accounting Policies
18
J ]{{h/Notes on Accounts
19
|i +Vx (E b<]b) (`){+x.19 (7.7) E n } /
Earnigs per share (Basic and Diluted) (`) {refer Sch.19 (7.7)}
11.91
Wvh mk=rCo; ylwmqragt tuFu fUt +z ykd /
The schedules reffered to above form an integral part of the Accounts

(B. E. M)
(Bx. E. )
(E ` )
(V. E. J)
+vI B |v xnE
E{E xnE
E{E xnE
(Rakesh Sethi)
(J. K. Singh Kharb)

Executive Director
(N. K. Sahoo)
Executive Director
xnE / Directors:
<. {. / Shri Y. P. Singh
({. B. |vx)
( )
|vE (k B J)
={ |vE (k B J)
E |vE (k B J)
(A. K. Goel)
(P. L. Pradhan)
(Bhavesh Mishra)
Ei . ] Bb { i
Ei . Jb EEx Bb E.
xn JE
xn JE
(B x b. ME)

{]x / Partner
Ei . P xl Bb E.
xn JE
Ei . l Bb BB]
xn JE
(B x )
(CA Meenal Singh)
{]x / Partner
(B Bx.{xn)
(CA N. Purandare)
{]x / Partner

nxE / Date: 08.05.2015
23.21
(B B. x)
(CA S. Srinivas)
{]x / Partner
169
Ei . Bx. . xV Bb E.
xn JE
(B . E. )
(CA B.K. Biswas)

{]x / Partner
+xS
SCHEDULE
lli
/ As on
31.03.2015
(` Ec )
` in Crore)
(`
Particulars
lli
/ As on
31.03.2014
(` Ec )
` in Crore)
(`
+xS 1 - {V
SCHEDULE 1 - CAPITAL
|vEi {V / Authorised Capital

xMi {V (57,13,78,618 , |iE `10)/
Issued Capital (57,13,78,618 Shares of ` 10.each)
+nk {V (57,13,78,618 , |iE `10)/
Subscribed Capital (57,13,78,618 Shares of `10 each)
M M< {V (57,13,78,618 , |iE `10)
Called-up Capital (57,13,78,618 Shares of ` 10 each)
P]B: +nk M / Less: Calls unpaid
Vc: Vi / Add: Forfeited shares
E / Total
3000.00
3000.00
571.38
544.61
571.38
544.61
571.38
544.61
x/NIL
x/NIL
x/NIL
x/NIL
571.38
544.61
3219.50
1273.00
64.25
2444.73
4771.69
562.17
12335.34
3062.17
1250.96
64.25
2151.49
4447.88
519.93
11496.68
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
15.53
8913.82
55955.76
49.15
9047.60
50727.60
1073.21
127417.68
193376.00
1059.36
129951.19
190834.90
190974.46
189160.18
2401.54
193376.00
1674.72
190834.90
+xS 2 - |Ii + +v
SCHEDULE 2 - RESERVES & SURPLUS
h / Particulars
vE |Ii / Statutory Reserves
{V |Ii / Capital Reserves
Ex { vqse |thrGr;gtk / Capital Reserves on Consolidation
| / Share Premium
V B +x |Ii / Revenue and other Reserves
B x Ji / Balance in Profit and Loss Account
E / Total
SCHEDULE 2A - MINORITIES INTEREST
-+xM v E +ii +x E il E +{ V
Minority interest at the date on which the parent subsidiary relationship came into existence
{i r / E /Subsequent increase / decrease
ix {j E il E +{ V /Minority interest on the date of Balance Sheet
+xS 3 - V
SCHEDULE 3 - DEPOSITS
h
B/A.
B.
/ Particulars
M xI{ / Demand Deposits

(i) E / From banks
(ii) +x / From others
II. Si E V / Savings Bank Deposits
III. n V / Term Deposits
(i) E / From banks
(ii) +x / From others
E / Total (I, II, III)
(i) i li J+ E xI{ /
I.
Deposits of branches in India

(ii)
i E li J+ E xI{ /
Deposits of branches outside India
E / Total (I and II)

170
+xS
SCHEDULE
lli
/ As on
31.03.2015
(` Ec )
` in Crore)
(`
Particulars
lli
/ As on
31.03.2014
(` Ec )
` in Crore)
(`
+xS 4 - =v
SCHEDULE 4 - BORROWINGS
h/Particulars
I.
i =v / Borrowings in India
(I) i W E /Reserve Bank of India
200.00
12.58
(ii) +x E / Other banks
(iii) +x lB B +Eh / Other institutions and agencies
594.69
(iv) Mh xx n @h Ji/ Subordinated Innovative Perpetual Debt Instrument 300.00
(v) Mh @h-+{ ] II {V
/ Subordinated Debt - Upper Tier II Capital
1000.00
(vi) Mh @h- ] II {V
/ Subordinated Debt - Tier II Capital
2911.90
9309.33
II. i E =v / Borrowings outside India
E /Total (I and II)
14328.50
={H I + II i |ii =v
Secured borrowings included in I and II above
x/NIL
900.00
8.21
227.15
300.00
1000.00
2411.90
7291.72
12138.98
x/NIL
+xS 5 - +x niB B |vx

SCHEDULE 5 - OTHER LIABILITIES AND PROVISIONS
h / Particulars
I.
n / Bills payable
II. +i-Ex Vx (x) / Inter -office adjustments (net)
III. ={Si V / Interest accrued
VI. +lMi E niB / Deferred Tax Liabilities
V. +x (|vx i) / Others (including provisions)
E /Total
641.53
449.24
304.13
223.88
590.69
577.92
59.92
373.86
5472.17
4311.87
7068.44
5936.77
227679.66
220951.94
594.36
539.31
9065.93
8295.21
x/NIL
x/NIL
9660.29
8834.52
+xS 6 - i W E xEn +
SCHEDULE 6 - CASH AND BALANCES WITH RESERVE BANK OF INDIA
h / Particulars
I.
E c (n E x] mrn;)/
Cash in hand (including foreign currency notes)
II.
i V E / Balances with Reserve Bank of India

(i) S Ji / In Current Account
(ii) +x Ji / In Other Accounts
E / Total (I & II)
171
+xS
SCHEDULE
lli
/ As on
31.03.2015
(` Ec )
` in Crore)
(`
Particulars
lli
/ As on
31.03.2014
(` Ec )
` in Crore)
(`
+xS - 7 E + M il +{ Sx { |{ vx
SCHEDULE 7 - BALANCES WITH BANKS AND MONEY AT CALL & SHORT NOTICE
h / Particulars
i / In India
(i) E / Balances with banks
(B)/(a) S Ji / In Current accounts
()/(b) +x V Ji /In Other Deposit accounts
(ii) M il +{ Sx { |{ vx / Money at call and short notice
(B)/(a)E / With banks
()/(b)+x l+ / With other institutions
E /Total
II. i E / Outside India
(B)/(a) S Ji / In Current account
()/(b) +x V Ji / In Other Deposit accounts
()/(c) M il +{ Sx { |{ vx / Money at call and short notice
E / Total
E M /Grand Total (I & II)
I.
83.09
68.11
1750.26
720.02
x/NIL
x/NIL
x/NIL
1833.35
988.13
200.00
1429.00
1107.75
x/NIL
x/NIL
4218.73
3385.20
5647.73
4492.95
7481.08
5481.08
45833.66
47.60
376.46
5163.59
236.18
5295.34
50046.87
45.53
442.59
6292.06
207.76
7341.43
56952.83
64376.24
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
56952.83
64376.24
57255.61
302.78
56952.83
64768.07
391.83
64376.24
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
+xS 8 - xvx
SCHEDULE 8 -INVESTMENTS
h / Particulars
I. i xvx / Investment in India in
(i) E |ii /Government securities
(ii) +x +xni |ii /Other approved securities
(iii) / Shares
(iv) bS + v {j / Debentures and Bonds
(v) BB] xvx /Investment in Associates
(vi) +x (gwawyt VUzTm gqxeytRo ytr=) /Others (Mutual Funds, UTI etc)
E / Total
II. i E xvx / Investments outside India in
(i) E |ii (lx |vEh i)
Government securities( including local authorities)
(ii) BB] xvx / Investment in Associates
(iii) +x xvx / Other Investments
E /Total
E M /Grand Total (I) & (II)
III.
i xvx /Investment in India

(i) xvx E E / Gross value of Investments
(ii) +I i E |vx / Aggregate of Provisions for Depreciation
(iii) x xvx / Net Investment
(iv) i E xvx / Investment outside India
(i) xvx E E /Gross value of Investments
(ii) +I i E |vx / Aggregate of Provisions for Depreciation
(iii) x x /Net Investment
172
+xS
SCHEDULE
lli
/ As on
31.03.2015
(` Ec )
` in Crore)
(`
Particulars
lli
/ As on
31.03.2014
(` Ec )
` in Crore)
(`
+xS 9 - +O
SCHEDULE 9 -ADVANCES
h / Particulars
B/A. (i) G E MB B xB MB / Bills purchased and discounted
(ii) xEn @h, +b ] + M { |in @h
Cash credits, overdrafts and loans repayable on demand
(iii) n @h / Term loans
E /Total
/B. (i) i +i u |ii/ Secured by tangible assets
( @h { +O i/Includes advances against book debts)
/E |ii u Ii /
(ii) E
(iii)
3877.07
2179.56
65832.73
62438.88
80167.31
73389.12
149877.11
138007.56
136532.52
124012.78
Covered by Bank/ Government Guarantees
5390.80
3708.20
+|ii/Unsecured
7953.79
10286.58
149877.11
138007.56
53909.66
46663.92
13052.66
13605.46
x/NIL
x/NIL
75028.47
71876.05
141990.79
132145.43
3606.00
1318.13
x/NIL
x/NIL
E /Total
/C. I. i +O /Advances in India
(I) |lEi Ij /Priority sector
(ii) VxE Ij / Public sector
(iii) E / Banks
(iv) +x /Others
E /Total
/C. II. Advances outside India
(I) E |{ /Due from banks
(ii) +x |{ / Due from others
(B/a) G EB MB + xB MB / Bills purchased & discounted
(/b) i @h / Syndicated Loans
(/c) +x /Others
E /Total
E M ( I+ II) /Grand Total (C I+ C II)
907.53
87.75
3069.77
2098.43
303.02
2357.82
7886.32
5862.13
149877.11
138007.56
1070.83
1043.04
4.65
27.80
x/NIL
x/NIL
-0.11
0.01
103.30
95.04
972.29
975.79
+xS 10 - +S +i
SCHEDULE 10 - FIXED ASSETS
h / Particulars
I. { /Premises
{i E 31 S fUe r:r; fuU ylwmth Mi {

E n x vwlbqogtkrfU; / Revalued during the year
E n x E]i / Deductions during the year
+V E iJ iE yJGg / Depreciation to date
E /Total I
173
+xS
SCHEDULE
lli
/ As on
31.03.2015
(` Ec )
` in Crore)
(`
Particulars
IB/A.
xhvx { / Premises under construction

E n x E]i / Deduction during the year
+V E iJ iE +I / Depreciation to date
E /Total I B/A
lli
/ As on
31.03.2014
(` Ec )
` in Crore)
(`
30.69
37.15
0.94
x/NIL
x/NIL
x/NIL
x/NIL
31.63
30.69
1049.93
929.61

E n x E]i / Deductions during the year
+V E iJ iE yJGg / Depreciation to date
E /Total II
IIB/A. {]] { n M< +i / Leased Assets
196.16
124.20
3.97
3.83
833.54
741.12
408.58
308.86
4.05
3.59
0.44
0.47
Deductions during the year including provisions
0.01
x/NIL
+V E iJ iE +I / Depreciation to date
E /Total II B/A
E / Total ( I, I B/A, II & II B/A )
3.83
3.44
0.65
0.62
1413.15
1315.96
II.
6.46
+x +S +i (xS B CS i)
Other Fixed Assets (including Furniture
and Fixtures)
{i E 31 S fUe r:r; fuU ylwmth Mi {
{i E 31 S E li E +x Mi {
Vx i E n x {vx
Additions during the year including adjustments
|vx i E n x E]i
III.
{V - |Mii E (V +i)/ Capital- Work - in -
progress ( Leased Assets )
+l /Opening Balance
0.37
0.02
x/NIL
0.35
Deductions during the year including provisions
0.19
x/NIL
E /Total III
E /Total ( I, I B/A, II, II B/A & III )
0.18
0.37
1413.33
1316.33
Vx i E n x {vx
Additions during the year including adjustments
|vx i E n x E]i
174
+xS
SCHEDULE
lli
/ As on
31.03.2015
(` Ec )
` in Crore)
(`
Particulars
lli
/ As on
31.03.2014
(` Ec )
` in Crore)
(`
+xS 11 - +x +i
SCHEDULE 11 - OTHER ASSETS
h /Particulars
+i E Vx (x) /Inter-Office Adjustments (net)
={Si V /Interest accrued
+O { nk E/i { E] M E/
I.
II.
III.
IV.
Tax paid in advance/tax deducted at source

Jx O B ]{ /
Stationery and stamps
V.
n E i] |{i E M< M-EE +i
VI.
VII.
Non-banking assets acquired in satisfaction of claims

+lMi E +i / Deferred Tax assets
+x /Others
E /Total
E /Grand Total
x/NIL
x/NIL
1167.45
1283.37
329.50
535.40
15.58
15.50
62.29
0.84
719.36
2295.02
227679.66
x/NIL
3.54
1098.40
2936.21
220951.94
2512.75
2065.79
0.16
0.16
88712.93
54635.15
+xS 12 - i =ug;tYk
SCHEDULE 12 - CONTINGENT LIABILITIES
h /Particulars
E E r n Vx @h E { E x E M
I.
Claims against the bank not acknowledged as debts

II.
III.
+i: nii x E B ni / Liability for partly paid investments

E n x n+ E Eh ni
Liability on account of outstanding forward
exchange contracts
IV.
P]E E + n M< |ii
Guarantees given on behalf of constituents
V.
VI.
(B/a)
i / In India
i E / Outside India
|iOh, {È x + +x viB
6654.08
6873.56
(/b)
3602.11
868.96
Acceptances, endorsements and other obligations
7568.50
8354.00
+x n VxE B E i { Vn
Other items for which the Bank is contingently liable
E /Total
h i / Bills for Collection
837.50
561.05
109888.03
73358.67
9221.44
11805.17
14965.79
13911.82
4493.14
4591.02
202.50
116.38
+xS 13 - +Vi V B
SCHEDULE 13 - INTEREST AND DIVIDENDS EARNED
h /Particulars
+O/ { V/]] / Interest/discount on advances/bills
II. x { + /Income on investments
III. i W E + +x +i-E xv { V
I.
Interest on balances with Reserve Bank of India and other inter-bank funds
IV. +x/Others
E /Total
175
87.63
156.38
19749.06
18775.60
+xS
SCHEDULE
lli
/ As on
31.03.2015
(` Ec )
` in Crore)
(`
Particulars
lli
/ As on
31.03.2014
(` Ec )
` in Crore)
(`
+xS 14 - +x +
SCHEDULE 14 - OTHER INCOME
h / Particulars
Ex, x B EV / Commission, exchange and brokerage
I.
II. , x il +x +i E G {
Profit on sale of land, buildings and other assets
959.69
903.50
0.17
0.05
Less: Loss on sale of land, buildings and other assets

(0.04)
x xnx { / Profit on exchange transactions
384.31
P]B: x xnx { x / Less: Loss on exchange transactions
(216.31)
IV. xvx (x) E G { / Profit on sale of investments(net)
581.05
P]B: xvx E G x / Less: Loss on sale of investments
(5.12)
V. xvx E {x Ex { / Profit on revaluation of investments
x/NIL
P]B : xvx E {x Ex { x/ Less: Loss on revaluation of investments x/NIL
VI. B/a) {]]-k + / Lease finance income
x/NIL
/b) {]] |vx E / Lease management fee
x/NIL
/c) +in | / Overdue charges
x/NIL
b/d) {]] E |{ vh V / Interest on lease rent receivables
x/NIL
VII. v + / Miscellaneous income
420.83
E / Total
2124.58
E + / Total Income
21873.64
(0.02)
304.30
(130.62)
292.31
(3.39)
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
908.07
2274.20
21049.80
P]B: , x il +x +i E G { x
III.
+xS 15 - E M V
SCHEDULE 15 - INTEREST EXPENDED
h / Particulars
V { V / Interest on deposits
I.
II. i W E/+i-E =v { V
Interest on Reserve Bank of India/ inter-bank borrowings
III. +x / Others
E / Total
12924.18
12854.61
103.73
509.43
13537.34
177.07
402.88
13434.56
2324.45
385.15
36.60
30.83
2260.66
332.99
31.65
39.81
101.10
84.05
x/NIL
x/NIL
1.93
2.96
19.04
22.72
69.34
113.50
24.51
21.65
61.35
70.77
+xS 16 - {Sx
SCHEDULE 16 - OPERATING EXPENSES
h / Particulars
ES E Mix il =xE B |vx /
I.
Payments to and provisions for employees
II. c, E B x / Rent, taxes and lighting
III. ph + Jx O / Printing and stationery
IV. Y{x + |S / Advertisement and publicity
V. (B/a) {]] +i E +iH E
E {k { +Ih/
Depreciation on Banks property other than Leased Assets
V. (/b) {]] +i { +Ih/
Depreciation on Leased Assets
VI. xnE E , k + / Directors fees, allowances and expenses
VII. J{IE E + /
(J J{IE E + i)
Auditors fees and expenses
(including branch auditors fees and expenses)
VIII. v | / Law charges
IX. bE, i, ]x +n / Postage, telegrams, telephones, etc.
X. i + +xIh / Repairs and maintenance
176
+xS
SCHEDULE
lli
/ As on
31.03.2015
(` Ec )
` in Crore)
(`
Particulars
XI.
XII.
XIII.
/ Insurance
J E {vx, n E< / Amortisation of Goodwill, if any
+x / Other expenditure
E /Total
lli
/ As on
31.03.2014
(` Ec )
` in Crore)
(`
165.51
160.00
x/NIL
x/NIL
586.85
3857.02
493.51
3583.91
51.11
21.94
+xS 17 SCHEDULE 17
BB] +Vx/ x E + / Share of Earnings/Loss in Associates

BB] E h / Details of Associates
x / Name
<n { Oh E / Allahabad UP Gramin Bank
<n E E + / Allahabad Banks share
{i vi Vx / Adjustment relating to earlier years
E n x x M / Considered during the year
177
17.89
7.68
x/NIL
x/NIL
17.89
7.68
+xS 18- 31 S 2015 E {i i Ei

k h vi J J xi
1.
2.
3.
(i)
(ii)
(iii)
i E +v
E, <E +xM, H =t + BB] E Ei
k h, i xn JE lx u V J
xE + vi xE |vE u {
V nxn + xi Ei J ri E +x
i EB MB *
|CEx E ={M
k h E i Ex E B |vx +{Ii E
k h E il E +i + ni+(+EE
ni+ i) E {] E M< B {]M +v i
{] E M< + + E { S Ei B
|CCx E B +xx MB* |vx E E k
h i Ex i ={M EB MB |CEx E{h B
Si * {h <x |CEx z Ei *
J |CEx E vx E, V iE E +xl =Ji
x S B +v i | { {Sx E
Vi *
Ex |G
Ei k h <n E + <E +xM,
H =t B BB] E J *
<n E + <E +xM, H =t E k h
E +i, ni+, + + V x n E
E Vci B, <] O{ B <] O{ xnx, E { i
]E, V +xl =Ji = Uc E, {H n {H
+v { Ei E M *
xxJi +xM E i xn JE lx u
V J xE 21 Ei k h E +x Ei
E M :
SCHEDULE-18: SIGNIFICANT ACCOUNTING POLICIES

ON THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st MARCH 2015
1.
Basis of Preparation:
The consolidated financial statements of the Bank and its

subsidiary, joint ventures & associate have been prepared
in accordance with the Accounting Standards issued by
the Institute of Chartered Accountants of India and
guidelines issued by the respective regulatory authorities
from time to time and generally accepted accounting
principles.
2. Use of Estimates:
The preparation of financial statements requires the
Management to make estimates and assumptions
considered in the reported amount of assets and liabilities
(including contingent liabilities) as of date of the financial
statements and reported income and expenses for the
reporting period. Management believes that the estimates
used in preparation of the financial statements are prudent
and reasonable. Future results could differ from these
estimates. Any revision to the accounting estimates is
recognized prospectively in the current and future periods
unless otherwise stated.
3. Consolidation procedure:
(i) The consolidated financial statements include the
accounts of Allahabad Bank and its subsidiary, joint
ventures & associate.
(ii) The financial statements of the Bank and its subsidiary &
joint ventures have been combined on a line to line basis
by adding together the book values of like items of assets,
liabilities, income and expenses, after fully eliminating intra
group balances and intra group transactions, except
wherever otherwise stated.
(iii) The following subsidiary has been consolidated as per
the Accounting Standard 21, Consolidated Financial
Statements issued by the Institute of Chartered
Accountants of India:
E{x E x
n/x
Name of the Company
Country / Residence
Relationship
+ E <x ]b
+xM
AllBank Finance Limited
India
Subsidiary
(iv)
xxJi BB] + H =t i xn JE
lx u V J xE 23 Ei k h
BB] x E J B J xE 27, H
=t i E k {]M E +x G: Ei
EB MB *
i i
Ownership Interest
100%
(iv) The following associate and Joint ventures have been

consolidated as per the Accounting Standard 23,
Accounting for Investments in Associates in Consolidated
Financial Statements and Accounting Standard 27,
Financial Reporting of Interest in Joint Ventures issued
by the Institute of Chartered Accountants of India
respectively:
l E x
n/x
i i
Name of the Entity
Country / Residence
Relationship
Ownership Interest
<n { Oh E
|Vi E
35.00%
Allahabad UP Gramin Bank.
India
Sponsor Bank
x { Vx < E{x ]b
H =t
Universal Sompo General Insurance

Company Ltd.
India
Joint Venture
+E (<b) ]b
mkgw ; Wb
ASREC (India) Ltd.
India
Joint Venture
178
30.00%
27.04%
4.
i{h J xi E |E]Eh
4.
=Ji EM xi Ji: E l vi * E E BE
+xM V C 1 S] E E { {VEi +
BE H =t E{x V M-Vx M +
BE H =t E{x +i {xM`x M * BE
BB] EM * +xM H =t E{x +
BB] E{x =xE xE u xvi J xi E
{x Ei * <x +M xn] x E M CE
Oi: k h E {|I x i{h x *
Disclosure of significant accounting policies:
The accounting policies mentioned primarily relate to the Bank

entity. The Bank has a subsidiary which is registered with the
SEBI as a Class I Merchant Banker, one Joint Venture
Company is in the business of non-life insurance and one Joint
Venture Company is in asset reconstruction business. One
Associate is in the banking business. The Subsidiary, Joint
Venture Companies and Associate follow accounting polices
prescribed by their governing regulators. These have not been
specified separately as these investments are not material in
the context of the overall financial statements.
5.
5.1
n p r x-nx
i JB/E
5.
(i)
n J+ E xx-<]O x +{x E {
MEi E M il =xE k h E xxx
|ni E M *
pE B M-pE +i B niB il +EE niB
x BCSV b BBx + <b (b<) u
|iE i E {i { n Vx +i {] n {*
(i)
Foreign Branches are classified as Non-integral Foreign

Operations and their financial statements are translated
as follows:
Both monetary and non-monetary Assets and Liabilities

as well as Contingent Liabilities at the closing spot rates
notified by the Foreign Exchange Dealers Association of
India (FEDAI) at the end of each quarter.
V n b< u vi i E {i { +vSi
i +i +i n { {ii E Vi *
Revenue items are translated at the quarterly average

closing rate notified by FEDAI at the end of respective
quarter.
{h x +i E BE +M Ji n p
] x V J Vi *
All resulting exchange difference is accumulated in a

separate account Foreign Currency Translation Reserve.
(ii)
n li |ixv E E {Sx E <]O x

+{x E { MEi E M il =xE k
h E Mhx xxx E Vi :
pE +i B niB, M], Ei, {Ex
il +x |iriB b< E nxnx |iE i
E +i |Si {] x n { i { +E
Vi *
(ii)
Operations of representative offices abroad are classified

as Integral Foreign Operations and their financial
statements are accounted for as follows:
All monetary Assets and Liabilities, Guarantees,

Acceptances, Endorsements and other obligations are
translated to Indian rupee equivalent at the spot exchange
rates prevailing at the end of each quarter as per FEDAI
guidelines.
Non-monetary items are translated at exchange rate

Transactions involving Foreign Exchange:
5.1 Branches / Offices outside India
M-pE n xnx E il { |Si x n {

+E Vi *
V n E Mhx xnx E il { |Si x n

{ E Vi *
{h x +i E -x J J Vi
*
+O E i E |Si h E +iMi MEi
E VBM* +O E v |vx lx v +{I+
+l ..E E xE, V +vE , E +x E
VBM*
i JB
Revenue items are accounted for at the exchange rates

All resulting exchange differences are accounted for in

Profit & Loss Account.
n p S +i +l ni (BBx+ Vx,
<<B Vx, +B Vx +n E +xiMi Oi
V i) il E n x n E
i n p { P (B<bB+<) u l Si
i +i E n { {ii E M *
(i)
(iii)
5.2
(i)
(iii) Advances will be classified under categories in line with

those of Indian Offices. Provisions in respect of advances
will be made as per the local law requirements or as per
the norms of RBI, whichever is higher.
5.2 Branches in India
n x n E {x Ex { {h /x
il x] Ji B<bB+< E nxn E +x V
B MB *
179
Foreign currency balances whether of assets or liabilities

[including deposits mobilized under FCNR Scheme,
EEFC Scheme, RFC Scheme etc.] and outstanding
forward exchange contracts are converted at quarter end
rates as advised by Foreign Exchange Dealers
Association of India (FEDAI).
The resultant profit/loss on revaluation of forward
exchange contracts and NOSTRO accounts is taken to
revenue as per FEDAI guidelines.
n p vi + + E n E xnx E
iJ E |Si x n E |M E {ii E
Vi *
(iii) Ei, {` E
x + M] i +x ni E
|iE i E +i b< u Si |Si n { +E
Vi *
6. x
(i) EM xx +vx, 1949 E i +xS E
E E +{I E +x x E |E]Eh E xxJi
U MEi E Vi :
(ii)
(ii)
(iii)
(iv)
(B) E |ii,
() +x +xni |ii,
() ,
(b) bS B b,
(<) +xM lB/H =t il
(B) +x
E E x {] E i V E E nxn
E +x +M ix M MEi E Vi
(B) {{Ci iE vi (BS]B)
() G i ={v (BBB)
() { i vi (BSB])
(B) x, V E {{Ci iE vi Ex Si ,
E {{Ci iE vi E { ME i E Vi
*
() x, V G E il 90 nx i r iE
{ {xG i vi E Vi , E { i
vi E { ME i E Vi *
() x, V =Ci nx h ME i x , E G
i ={v E { ME i E Vi *
(b) x, E G E = {{Ci iE vi,
i vi +l G E B ={v E { ME i
E Vi B h ii{Si }]M xE
nxn E +x{ E Vi *
(<) +xME, Ci =t il M l x
E {{Ci i vi E { ME i E Vi *
i V E E nxn E +x Ex E |Vx
i xxJi ri +{xB MB *
(B) (i) BS]B vi |ii- +Vx Mi { +Ei
+vE +Vx Mi E {{Ci E +v
{vi E Vi *
(ii) Ij Oh E, +xM B H =t
x E J Mi { Ei E Vi *
, +l< <i, n E< , B x E
Ex i |vx E Vi *
() (i) BBB B BSB] h vi |ii
E x G{ E Vi * r/ E |ii
E |iE h Vc Vi + |V xnb E
+x -x Ji x E {Sx E
Vi VE x r E Yx x Vi
*
(ii)
Income and Expenditure items relating to foreign currency

are converted using the exchange rate prevailing as on
the date of transaction.
(iii) Acceptances, endorsements and other obligations

including guarantees are stated at FEDAI advised rates
prevailing at the end of each quarter.
6.
Investments:
(i)
In conformity with the requirements in Form A of the Third

Schedule to the Banking Regulation Act, 1949,
Investments are classified into the following six groups :
(ii)
a.
Government Securities,
b.
Other Approved Securities,
c.
Shares,
d.
Debentures & Bonds,
e.
Subsidiaries/ Joint Ventures and
f.
Others.
The Investment portfolio of the Bank is further classified

in accordance with the RBI guidelines into three
categories viz.,
(a)
Held to Maturity (HTM)
(b)
Available for Sale (AFS)
(c)
Held for Trading (HFT)
(iii) a) Investments that the Bank intends to hold till maturity

are classified as Held to Maturity.
b) Investments that are held principally for resale within
90 days from the date of purchase are classified as
Held for Trading.
c)
Investments, which are not classified in the above

two categories, are classified as Available for sale.
d) An investment is classified as Held to Maturity, Held
for Trading or Available for sale at the time of its
purchase and subsequent shifting amongst
categories is done in conformity with regulatory
guidelines.
e) Investments in subsidiaries, joint ventures and
associates are classified as Held to Maturity.
(iv) As per RBI guidelines, the following principles have been
adopted for the purpose of valuation
180
(a) (i) Securities held in HTM at acquisition cost

The excess of acquisition cost over the face value is
amortized over the remaining period of maturity
(ii) Investments in Regional Rural Banks, subsidiaries
and Joint Ventures are valued at carrying cost.
Diminution, other than temporary, if any, in valuation
of such investments is provided for.
(b) (i) Securities held in AFS and HFT categories are
valued scrip-wise. Appreciation/depreciation is
aggregated for each class of securities and net
depreciation as per applicable norms is recognized
in the Profit and Loss Account, whereas net
appreciation is ignored.
(v)
+x{V |ii (V V/vx 90 nx +vE E

+v E ) E + +Yi x E Vi
il +i MEh E E{h xnhb +{xi B |ii
E +I i Si |vx E Vi + B
+I E +x x{nE |ii r E n ]-+
x E Vi *
(vi)
x E |{i E Mi
z
G< E M< |ii E |ix il
Ex + ]-Bb E E x *
Ex, EV, |ii x-nx E il ]{ b]
x *
x E G |{i /x E B x J
+Yi E Vi * il{ {{Ci iE vi MEh
x E G |{i E i (E
E x + vE +Ii E +ih E x) {V
+Ii Ji xVi E Vi *
(v)
(vi) Cost of acquisition of investments:
(vii)
In respect of non-performing securities (where interest/

principal is in arrears for more than 90 days) income is
not recognized and appropriate provision is made for
depreciation in the value of the securities by applying
prudential norms of asset classification and such
depreciation is not set-off against the appreciation in
respect of other performing securities.
(vii)
is net of incentives/commission and front-end fees

received in case of securities subscribed, and
excludes commission, brokerage, securities

transaction tax and stamp duty.
Profit/loss on sale of investments in any category is

recognized in the Profit and Loss Account. However, in
case of profit on sale of investments in HTM category,
an equivalent amount (net of taxes and net of transfer to
Statutory Reserves) is appropriated to the Capital Reserve
Account.
(viii)
x E V E xvh i ]E BCSV E]x

B+<BBbB/{bB+< u |ii n E +{x
Vi * B E]x/n E + V E xvh
B+<BBbB/{bB+< +l i V E u xvi
xnb E +x Si {{Ci |i n { E
Vi *
(viii) For the purpose of determining market value of

investments, Stock exchange quotations or rates put up
by FIMMDA/PDAI are adopted. In absence of such
quotations/rates, the market value is determined by
applying appropriate Yield to Maturity rates as prescribed
by FIMMDA / PDAI or as per norms laid down by the
Reserve Bank of India.
(ix)
h E S |ii E +ih
={H { 6(ii) (B) () xn] h E S
|ii E +ih, +ih E il E +Vx Mi/
/V E Ei { xE Vi * B
+ih { , n E< , =E {hi |vx E
Vi *
i V E E nxn E +x z h
E { E x xxx E Vi *
z
V {
V n {, V V +i + ni+ E S
Ei , E ={Si +v { Vi =
+i +l ni i xq] { E Uc E V k
h V { +l Mi V E
{ Vi *
{ E xx { x +l x E { E
nMi +v +l +i/ni+ E +v E
{ +Yi E Vi *
z
]bM {
]bM { xnx E k h nV {ix E l
V Sxi E Vi *
(ix) Transfer of Securities between categories
+O
i +O E xE, +xE, nMv +l xMi E
{ MEi E Vi + i V E u
xvi E{h xnb E +x |vx E Vi *
n J+ EB MB +O E v i V E
u xvi E{h xnb + V n +O nB MB
=xE lx Exx, V +vE Ec , E +x MEi
E Vi *
7.
Advances:
(i)
Advances in India are classified as Standards, Sub

Standard, Doubtful or Loss assets and provisions for
advances are made as per Prudential Norms of the RBI.
In respect of advances made in overseas branches,
advances are classified in accordance with prudential
norms prescribed by the RBI or Local Laws of the host
countries in which advances are made, which ever is more
stringent.
(x)
7.
(i)
The transfer of securities between categories specified

at para 6 (ii) (a) to (c) above are carried out at the lower
of acquisition cost / book value /market value on the date
of transfer. The depreciation, if any, on such transfer is
fully provided for.
(x)
As per RBI guidelines, the different categories of Swaps

are valued as under:
z
Hedge Swaps
Interest rate swaps which hedges interest bearing assets

or liabilities are accounted for on accrual basis except
the Swaps designated with an assets or liability that is
carried at market value or lower of cost or market value
in the financial statements.
Gains or Losses on the termination of Swaps are
recognized over the shorter of the remaining contractual
life of the Swap or the remaining life of the assets /
liabilities.
z
Trading Swaps
Trading Swap transactions are marked to market with
changes recorded in the financial statements.
181
|E]i +O +xVE +O i EB MB |vx + Si

+O E =Si E E n EB MB |vx E
x i * Si +O E =Si E E |vx
E E nxn E +x x ix { {
Vi *
(iii) il{ i V E E nxn E +x xE +O
(={V) i EB MB |vx E +x niB B |vx
E ii E Vi *
8. l +i +
(i) Ei{ { E +, Vx =xE {x Ei
n M , b + +x +S +i E =xE
{i Mi { n Vi *
(ii) xhvx { E {lE xhvx { E +iMi
n Vi * È n E nB MB +O E +x +i
E +iMi n Vi *
(iii) {x Ei +i i +S +i { E
|vx P]i {ri E +v { xxJi n { E
Vi V E |vx u k 2014-15 + +M i
xh M *
(ii)
G J
Sr. No.
1
2
+i E h /
(ii)
Advances disclosed are net of provisions made for non

performing advances and provisions in lieu of diminution
in the fair value of restructured advances. The provision
for diminution in fair value of restructured advances is
measured in net present value terms as per RBI
guidelines.
(iii) The provision made for standard advances (performing)

in terms of RBI guidelines is however included in Other
Liabilities and Provisions.
8.
Fixed Assets and Depreciation:
(i)
Premises including Freehold and other Fixed Assets are

stated at historical cost except certain premises, which
are stated at their revalued amount.
(ii)
Premises under construction is shown under a separate

heading Premises under Construction. Advances to
contractors is shown under the head Other Assets.
(iii) Depreciation on Fixed Assets including revalued assets

is provided as per the following rates on diminishing
balance method as decided by the Management for the
Financial year 2014-15 and onwards.
CATEGORY OF ASSET
DEPRECIATION RATE [%]
x B { /Building and Premises
5.00
x xS n l V, E, +, Ex] (Ii V E <i)
General Furniture items viz., Table, Chair, Almirah, Cabinet etc.

(other than Safe- Deposit Lockers).
3
<C]E <]x, {J, <], BE bxM x- BE bx i
18.10
/
Electrical Installation, Fan, Light, Air-conditioning Machinery including- Room

Air-conditioners etc.
4
Franking machine, office machinery, weighing machine, typewriter, adding machine,

Duplicating Machine & other office equipments.
5
6
7
8
b{V] E / Safe Deposit Lockers

]E / Motor Car
<E/Cycle
] x(E x) / Motor Van (Cash Van)
13.91
13.91
25.89
20.00
30.00
E{], b] |M x BB{B { +I E |vx,

i V E E nxn E +x{ v J {ri
+v { 33.33% E n E Vi V ix
+i E +Ji E V E*
(v) {xEi +i E v {xEx E {
+iH +I E E +Ii {V x J
+ii E Vi *
(vi) V b { | E V E +v E n x v
J {ri { {vi E Vi *
(vii) .5000/- iE E {V
Mi v JS Ji - i B
JJ x J Vi *
(viii) E n x G E M</S M</]< M< +i { lx{i
+v { +I E |vx E Vi *
(iv)
13.91
EM x, E x, k x x, ]<{<], BbM x, b{E]M

x, + +x Ex ={Eh /
(iv) On Computers, Data Processing Machines, ALPMs,

depreciation is provided at the rate of 33.33% on Straight
Line Method (SLM) so as to write down the asset value in
three years as per RBI guidelines.
(v)
In respect of revalued assets, the amount of additional

depreciation consequent to revaluation is transferred from
Revaluation Reserve to the Profit & Loss account.
(vi) Premium on Leasehold Land is amortized over the period

of the lease on Straight Line Method.
(vii) The Capital Expenditure up to ` 5000/- is debited directly
to Charges Account Repairs & Maintenance.
(viii) Pro-rata depreciation is provided on the assets purchased
/ sold / discarded during the year.
182
(ix)
n J+ E +S +i { +I E Mhx = n
|Si Exx E +x E Vi *
(ix) Depreciation on Fixed Assets of Foreign branches is

provided as per the applicable laws prevalent in that
country.
9.
+i +i (E{] }])
9.
Intangible Assets (Computer Software):
(i)
E{] i }], V ] }] E x E{]

{Si x Ei, r b E +z M , il
+S +i x Vi * V }] b E +z
+M x E{] }] E +i +i x Vi *
(i)
Software for a computer that cannot operate without that

specific software is an integral part of related hardware
and is treated as fixed assets. Where the software is not
an integral part of the related hardware, Computer
software is recognised as an Intangible Asset.
(ii)
b |{i E{] }] E i +i +i x
VM V }] E /Mi `10 J +vE *
< |E E +i +i =xE G +v E n x
+vEi 10 E +v iE {vi E Vi *
(ii)
Computer software acquired from vendors is recognised

as Intangible Asset only if the value /cost of the software
is more than `10 Lakhs. Such intangible assets are
amortised over its effective life subject to a maximum
period of ten years.
10.
ES
10. Employee Benefits:
(i)
E x ES E v +{x ni+ E xi i
i xn JE lx u V J xE
15(vi)- ES M E *
(i)
The Bank has applied Accounting Standard 15(Revised)

- Employees Benefits, issued by the Institute of Chartered
respect of employee benefits.
nPv {i ES E |i ni E xvh
i + E +i ij EE u +vi Vx+
E xvx v E E xi Ji v E {x Ei
B + xS =Ji xi E +x {Vi <E<
|h E |M Ei B Sx MB z EE {xx
u E Vi *
B. OS]
(ii)
Liability towards long term defined employee benefits is

determined based on actuarial valuation by independent
actuaries at the quarter as well as in year-end by using
various Actuarial Assumptions chosen following the
modalities documented in the Banks Policy on Funding
Superannuation Schemes and the Projected Unit Credit
method as per policies mentioned herein below:
a.
Gratuity:
(ii)
E lli OS] Mix +vx, 1972/ {S]/

xx E |vx E v +{x ES E
xk +l i +l {i +n E OS]
E Mix Ei * OS] E Mix i E E +nx
Vi xv E JJ +iE ]] u E Vi * E
< xv +{x +nx OS] E v +{x ni E
EE x E +v { Ei *
. {x (B<{+):
<n E (ES) {x xx, 1995 (B<{+ - 1995)
E +iMi E =x ES E {x E Mix Ei Vxx
< xx E +iMi {x E E{ n + =x ES
E V E 29.09.1995 31.3.2010 E +v E
n x +B * < Vx ix + +E E +v {,
xk/i, V , E li <x ES E
E +v { {x nx E |vx * {x E Ji +xv
{ {x E +vEi 1/3 E {ii Ex E |vx *
{ii {x 15 {h x E {Si {x: S E Vi *
B<{+-1995 E +iMi ES xv E E
+nx E {j x * {x E Mix i E E +nx Vi
xv E JJ +iE ]] u E Vi * {.B. E
EM i ES E ix E 10% E vE E
+nx E +iH E < xv +{x +nx {x E v
+{x ni E EE x E +v { Ei V E
+xni EE u E Vi *
The Bank pays gratuity in case of retirement or death or

resignation or termination etc. of its employees, having
regard to the provisions of Payment of gratuity Act, 1972
/ Service Awards / Service Regulations, as the case may
be. A fund created out of Banks contribution is maintained
by an in-house Trust for payment of gratuity. The Bank
makes contribution to this fund on the basis of actuarial
valuation of its liability.
b.
Pension (ABEPR):
The Bank pays pension under Allahabad Bank (Employees)

Pension Regulations, 1995(ABEPR-1995) to employees, who
exercised option under the Regulations and also to Employees
joining the Bank Service during the period from 29.09.1995 to
31.03.2010. The plan provides for a pension / family pension
on monthly basis in respect of these employees on their
retirement / death, as the case may be, based on the salary
and qualifying service of the respective employees. There is
also provision for commutation of pension to a pensioner,
against written request, to the maximum extent of 1/3rd of Basic
Pension. The commuted basic pension is restored after
completion of 15 years of commutation. Employees covered
under ABEPR 1995 are not eligible for Banks contribution
to Provident Fund. A fund created out of Banks contribution is
maintained by an in-house Trust for payment of Pension. The
bank makes contributions to this Fund on the basis of actuarial
valuation of its liability in respect of Pension, which is conducted
by approved Actuary, in addition to the statutory monthly
contribution of 10% of Pay of the covered employees, ranking
for PF.
183
. U^ E i (BB)
c.
v ES E |nx E Vi + < =tM

Zi/+b E +x - { lvi
x E +x Vx E +iMi l{i vi ES
E { E n E v EB MB j E |i{i
* M xvE Vx + E +{x Vx E
+iMi U^ E i ni E v |vx EE
x E +v { Ei * x |iE i E
+xni EE u E Vi * BB vi
Mix E E -x Ji E Vi *
b. U^ xEnEh
E BB v E ={M Ex ES E
E S E E +vEi 30 nx E vE U^
E xEnEh E +xi |nx Ei * xk +l
i x { ES E Ji V vE U^, +vEi
240 nx E xEnEh E +xi n Vi * ES
u iM{j nx E xEnEh E
vE U^ E 50% + +vEi 120 nx iE i
* M - xvE Vx + E < Vx E +iMi
U^ xEnEh ni E v |vx EE x E
+v { Ei x E +xni EE u
E Vi * U^ xEnEh E Mix E E +
x Ji E Vi *
Leave Fare Concession (LFC):

This facility is granted to the employees and extends to
reimbursement of travelling expenses incurred for the
family members of the employee concerned, as defined
under the Scheme, in terms of service rules as amended
from time to time as per Industry wide Settlements /
Awards. It is a non-funded scheme and the Bank
maintains a provision on account of its liability in respect
of Leave Fare Concession under the Scheme on the basis
of actuarial valuation, which is conducted by approved
Actuary. Payment in respect of LFC facility is made
through the Profit and Loss Account.
d.
Leave Encashment:
The Bank permits encashment of Privilege Leave balance
to it employees availing LFC facility, up to the maximum
limit of 30 days leave in a block of four years of service.
Encashment of privilege leave standing to the credit of
an employee is also permitted in case of retirement or
death subject to a maximum of 240 days. In case of
resignation from the service by an employee, such
encashment is restricted to 50% of the balance of privilege
leave subject to a maximum of 120 days. It is a nonfunded scheme and the Bank maintains a provision on
account of its leave encashment liability under the
Scheme on the basis of actuarial valuation, which is
conducted by approved Actuary. Payment of such leave
encashment is made through the Profit and Loss Account.
xv E v E +v i xv E M
+nx E { +Yi E Vi + +
x Ji |i E Vi *
nxE 27.04.2010 E =tM- Zi/Ci x] E
+x nxE 01.04.2010 E +l n E E
+B ES {i +nx xk Vx
*
+{v ES E = E x J
+]]Ei E { +Yi E Vi V
vi B |nx E Vi *
(iii) In respect of Provident Fund, the contribution for the

period is recognized as expense and charged to Profit &
Loss account.
11.
+ + E +Yx
11.
(i)
+- E xi: ={S +v { E Vi *
(i)
(ii)
+x{V +i E { MEi +O { V il +x
+ E E j iE +xvi E Vi *
Income and Expenditure are generally accounted for on

accrual basis unless otherwise stated.
(ii)
Interest and Other Income in cases of Non Performing

Assets/Investments are recognized to the extent realized.
(iii)
+ E E { { V |{i + + V E E
Mhx vi E xvh +vE u +n V EB Vx
E Vi *
(iii) Income from interest on refund of Income Tax and on

Interest Tax are accounted for in the year in which it is
received.
(iii)
(iv)
(v)
{]]
E u |{i EB E ={Si +v { -x J +Yi
E Vi *
{Sx {]] { M< +i i {]] E Mix -x
J E { +Yi E Vi *
12.
(iv) In terms of Industry wide Settlement/Joint Note dated

27.04.2010, employees joining the services of the Bank
on or after 01.04.2010 are covered by defined contribution
retirement benefit scheme.
(v)
12.
Short-term employee benefits are recognized as an

expense at an undiscounted amount in the Profit and Loss
Account of the year in which the related services are
rendered.
Recognition of Income and Expenditure :
Lease:
Rentals received by the Bank are recognized in the profit and

loss account on accrual basis.
Lease payments for assets taken on operating lease are
recognized as an expense in the profit and loss account.
184
|i +Vx
13.1 E |i <C] E + b<] b +Vx E {]
i xn JE lx u V J xE 20 |i
+Vx E +x Ei * |i E +Vx E
Mhx i <C] vE { +{ E {Si x
E i E <C] E i +i J
M nE E Vi *
13.
13.2 |i
13.2 Diluted Earnings per Share reflect the potential dilution

that could occur if securities or other contracts to issue
equity shares were exercised or converted during the year.
Diluted Earnings per Share are computed using the
weighted average number of equity shares and diluted
potential equity shares outstanding at year end.
14.
b<]b +Vx i b<x E |ii

Ei V = li Ei n <C] V
Ex i |ii +l +x n+ E E n x |M
E Vi +l {ii E Vi * |i b<]b
+Vx E Mhx <C] E i +i J +
E +i E b<]b <C] E |M E E Vi *
Evx
E i |vx S (xxi E{E E (]) i) +
+lMi nx E i E Vi * E M + { S
E E |vx, |V E n + E x E |M EE
E Vi * J xE 22 E +x{x : i E xn
JE lx u V + { E i J,
+i E Eh =i{z +lMi E +i + niB, V
{i +v |iix E M , ix {j E il iE
xB MB n x Vx E x + E n E
|M EE +Yi E Vi *
14. Taxation:
(i)
Provision for tax is made both current Tax (including

Minimum Alternative Tax - MAT) and deferred tax. Current
tax is provided on the taxable income using applicable
tax rate and tax laws. In compliance with Accounting
Standard 22 Accounting for Taxes on Income issued by
the Institute of Chartered Accountants of India, deferred
Tax Assets and Liabilities arising on account of timing
differences and which are capable of reversal in
subsequent periods are recognised using the tax rates
and the tax laws that have been enacted or substantively
enacted till the date of the Balance Sheet.
(ii)
xxi E{E E (]) V E +i E { i x

VBM V B {] |h E E +-E +vx 1961
E ii xn] +v E +n x E E Mix E nM*
(ii)
Minimum Alternate Tax (MAT) credit is recognized as

assets only when and to the extent there is convincing
evidence that the Bank/Companies will pay normal
income tax during the period specified under the Income
Tax Act, 1961.
15.
xEn B i xEn
15. Cash and Cash equivalents:
13.
(i)
Earnings Per Share:
13.1 The Bank reports Basic and Diluted Earnings per Equity
Share in accordance with Accounting Standard 20
Earnings per share issued by the Institute of Chartered
Accountants of India. Basic earnings per Share are
computed by dividing the net profit after tax for the year
attributable to equity shareholders by the weighted
average number of equity shares outstanding for the year.
xEn B xEn i l xEn + B]B xEn,

i W E , +x E + M il +{ Sx
{ vx *
Cash and cash equivalents include cash on hand and in ATMs

and balances with RBI, balances with other banks and money
at call and short notice.
+S +i Ih
+S +i ({x Ei +i i) { <{] +
(n E< ) E +Yi E M il i xn
JE lx u V J xE 28 <{] +
E +x -x Ji |i E Vi *
16.
16.
17.
(i)
|vx, +EE niB il +EE +i

i xn JE lx u V J xE 29
|vx, +EE niB B +EE +i E +x{
E |vx i +Yi Ei V
B.
.
.
Impairment of Fixed Assets:
Impairment losses (if any) on Fixed Assets (including revalued

assets) are recognized and charged to Profit & Loss Account
in accordance with the Accounting Standard 28 Impairment
of Assets issued by The Institute of Chartered Accountants of
India.
17. Provisions, Contingent Liabilities & Contingent Assets:
(i)
E {U P]x E {h{ ix ni
=i{z i
E +lE vx E |
ni E vx i +{Ii M +
V ni E E x +xx E V
Ei *
185
In conformity with AS 29 Provisions, Contingent Liabilities

and Contingent Assets, issued by the Institute of
Chartered Accountants of India, the Bank recognizes
provisions only when
a.
it has a present obligation as a result of a past event;
b.
it is probable that an outflow of resources

embodying economic benefits will be required to
settle the obligation; and
c.
when a reliable estimate of the amount of the

obligation can be made.
(ii)
(iii)
(iv)
18.
xxJi E B |vx +Yi x E Vi
(ii)
No provision is recognized for
B) {U P]x+ =i{z E< i ni + VE

+ii = P]x E x +l x x { x
EM +l E B +xSi P]xB V {hi
E E xjh x *
a)
Any possible obligation that arises from past events

and the existence of which will be confirmed only
by the occurrence or non-occurrence of one or more
uncertain future events not wholly within the control
of the Bank or
) E< ix ni V {U P]x+ =i{z +

= +Yi x E M CE :
b)
Any present obligation that arises from past events

but is not recognized because;
i.
x E +lE vx E
| ni E vx i +{Ii M +l
ii.
ni E E x +xx x E V
Ei *
i.
it is not probable that an outflow of resources

embodying economic benefits will be required
to settle the obligation; or
ii.
a reliable estimate of the amount of obligation

cannot be made.
+EE ni+ E xi +i { xvh E Vi

+ ni E E = M E B |vx E Vi
VE B +lE vx E | ,
=x +ii +vh {li E Uc E V ni E
E x +xx x E V Ei *
k h +EE +i E +Yi x E
Vi CE <E {h{ B + E +Yx
Ei V E x E V Ei*
(iii) Contingent Liabilities are assessed at regular intervals

and only that part of the obligation for which an outflow of
resources embodying economic benefits is probable, is
provided for, except in the extremely rare circumstances
where no reliable estimate can be made.
+xM E{x- + E <x .
18.
E E {h i +xM E{x +li + E <x .

E i{h J xi i =xE k h E x] .1 E
n VB*
(iv) Contingent Assets are not recognized in the financial

statements as this may result in the recognition of income
that may never be realized.
Subsidiary-AllBank Finance Ltd.:
For Significant Accounting Policies of Banks wholly owned

subsidiary i.e. AllBank Finance Ltd., reference may be made
to Note No.1 annexed to their Financial statements.
186
+xS 19: 31 S 2015 E {i i Ei

k h { J ]{{h
SCHEDULE 19: NOTES ON ACCOUNTS ON THE

CONSOLIDATED FINANCIAL STATEMENTS FOR THE
YEAR ENDED 31ST MARCH 2015.
1.
i V E ( E) E nxn E +x{ ={V

il +x{V +O i {{i |vx E M *
1. Adequate provision has been made by the Bank in respect

of performing and non-performing advances in terms of
Reserve Bank of India (RBI) guidelines.
] + lx vx Ji, x] Ji, J |h
=Si Ji i z +i J, +i E Ji + B]B
xnx E vx BE ii |G + |Gvx * 31
S, 2015 E {i E k {h { ={H E
|, n E< , |vx E i{h x M *
2. The reconciliation of various inter-branches, inter-bank

accounts, including National and Local Clearing account,
NOSTRO account, Branch System Suspense account and
ATM transactions is an ongoing process and is under
progress. The impact of the above, if any, on the financial
results for the year ended 31st March, 2015, in the opinion
of the management will not be significant.
3.
ni z xE xh { S Ex E n
+E i E u E `4200.73 Ec ({U `3204.83
Ec ) (+lMi E i) E |vx {{i x M*
3. The cumulative provision for income tax (including deferred

tax) aggregating to `4200.73 Crore (previous year `3204.83
Crore) held is considered adequate after taking into
consideration various judicial decisions on disputed issues.
4. (i)
31.03.1997, 31.03.2005 il 31.03.2007 E {i

B Ei{ { E {x Ex +xni EE
E {] E +v { E M + G: `125.99
Ec (hVE B +), `370.08 Ec (hVE
B +) il `298.32 Ec (hVE) E =vM
vx E {x x +Ii E V E M* |iE
{x Ei { { E {Ex +Ji
{ E Vi * {x Ex E Eh `3.62 Ec
(Mi `3.87 Ec ) E +iH E {V
+Ii +ii E +xS .14 n (vi) +x
+ E +iMi v + n M *
4. (i) Certain premises were revalued on the basis of the

reports of the approved valuers during the year ended
on 31.03.1997, 31.03.2005 and 31.03.2007 and upward
revision amounting to `125.99 Crore (commercial and
residential), `370.08 Crore (commercial and residential)
and `298.32 Crore (commercial) respectively had been
credited to Revaluation Reserve. Depreciation on
Revalued premises is worked out each year on its
written down value. Additional depreciation of `3.62
Core (previous year `3.87 Crore) due to revaluation
has been transferred from Revaluation Reserve
Account and shown in Miscellaneous Income under the
head Other Income included in Schedule No. 14 item
(vii).
(ii)
V Jb E Mi ={v x , B +I
Jb il x E Mi { xvi E M *
(ii) Depreciation has been charged on composite cost of

Land and Building, where separate cost of land is not
available.
(iii)
V Mi ={v x {]] +v i {]]vi

{ | E {vx Mi +v { +l +Ji
{ E M *
(iii) Premium on leasehold land has been amortized over

the period of lease, based on cost or written down value,
where original cost is not available.
(iv)
xxJi {k E {VEh E +{SEiB {

E Vx *
(iv) Registration formalities are yet to be completed for the

following properties.
B. 1990 + 1998 E n x EEi B x

G: 29 + 10 ] 2 + {k
Jn M< VxE Mi `1.86 Ec *
a.
Two (2) residential properties purchased during the

year 1990 & 1998 at Kolkata & Bhubaneshwar
consisting of 29 & 10 flats respectively with total
original cost of `1.86Crore.
. E x r xM {]x 1.01BEc
07.09.1917 E E {]] { +]i E l*
{ E E E { * {U {]] 07.09.2012
E {i M* 07.09.2012 30 E +iH
+v i {]] E xEh E B Mix `70.70
J E BEi | Mix u + `7.07 J
E EB E n E E E M*
E u {]] J E x{nx E
|Gvx * E x V bb E x{nx E v
]{ b] Mi + +x v | E {
`105.06 J V E *
b.
The Govt.of Bihar had allotted 1.01 acre of land at

Budh Marg Patna on lease to the Bank
w.e.f.07.09.1917. Bank is having its office complex
there. Last lease expired on 07.09.2012. Payment
for renewal of lease for further period of 30 years
w.e.f. 07.09.2012 by payment of one time premium
of `70.70 lacs and annual rent @ `7.07 lacs has
been made to the Govt. of Bihar. The matter for
execution of lease deed by the Govt.of Bihar is
under process. Bank has deposited the cost of
stamp duty and other legal charges of `105.06 lacs
in connection with execution of lease deed.
187
. {n{, +b 02.04.2013 24 + ]
17520 M] Ij + {] E {]]
E xEh E {n{ {] ]] E l =`
M + =xE Svx *
(v)
c.
+i +i i +x +i E h xxx
:
Renewal of lease of residential plots of land

measuring 17520 sq.ft area at Paradeep, Odisha
having 24 residential flats w.e.f. 02.04.2013 has
been taken up with Paradeep Port Trust (PPT) and
is under their consideration.
(v) Other Assets include intangible assets, details of which

are as under.
(` Ec )/(` in Crore)
h /
Particulars
k /F.Y. 2014-15
k /F.Y. 2013-14
34.47
33.72
35.86
10.19
8.68
9.44
61.65
34.47
E n x {vi / Amortized during the year
<i / Closing Balance
5.
(i)
`4.03
Ec (Mi `0.44 Ec ) E +Ei E

x E v E E + G{/]E] |{i
Ex *
(ii) , {ix bS il <C] Vc S+
b/S E{] b E x] i E {I
+O E x `621.61 Ec (Mi `916.91
Ec ) *
5. (i)
In respect of Investments of face value of `4.03 Crore

(Previous year `0.44 Crore) the Bank is yet to receive
scrips / certificates.
(ii)
Total Investments made in shares, convertible

debentures and units of equity linked mutual fund /
venture capital funds and also advances against
shares aggregate to `621.61 Crore (Previous year
`916.91 Crore).
(iii)
i V E E nxn E +x `25.10 Ec
(Mi `3.28 Ec ) E , V E b ] S]
h E |ii E G x E x
,E B |ii E +ih E x, E {V
|Ii Ji-x +ii E M *
(iii) As per RBI guidelines, an amount of `25.10 Crore

(Previous Year `3.28 Crore) being an amount
equivalent to post tax profit on sale of Held to Maturity
category securities (net of transfer to statutory reserve)
is transferred to Capital Reserve Account-Investment.
(iv)
V E i{h J xi J 6 (vii) =Ji ,

b ] S] h E E n x {vi
|ii E +Ei E >{ `61.52 Ec (Mi
`61.37 Ec
) E +iH +Vx Mi il V
x { + P]E ..E E xnx B
x Ji E +Vi V + E +iMi
n M *
(iv) In respect of Held to Maturity category as stated in

significant Accounting Policy No. 6 (vii), the excess of
acquisition cost over the face value of the security
amortised during the year amounting to `61.52 Crore
(Previous year `61.37 Crore) has been netted-off from
income on investments and shown under the head
Interest and Dividend earned in Profit and Loss
Account in terms of RBI guidelines.
6.
E x E n x Vx ]bM E B E< k{h x

E + x E +i E |iiEh E *
6. The Bank has not made any financing for margin trading
during the year and also not securitised any assets.
7.
J xE E +x{x
7. Compliance with Accounting Standards
E x i xn JE lx u V xxH J
xE (BB) E +x{x E il B J xE E
|vx E +x xxH |E]Eh E V *
7.1.J
xE 5 : +v i x +l x, { E
n il J xi {ix*
The Bank has complied with the following Accounting

Standards (AS) issued by the Institute of Chartered
Accountants of India and the following disclosures are
made in accordance with the provisions of such Accounting
Standards.
7.1.Accounting Standard 5 Net Profit or Loss for the Period,
Prior Period items and Changes in Accounting Policies
188
{ vi + + E h xxx ;
h /
Income and Expenditure relating to prior period are as under:
k /F.Y. 2013-14
k /F.Y. 2014-15
Particulars
+/Income
/Expenditure
x/Net
0.47
0.59
(0.12)
(0.15)
1.26
(1.41)
7.2.
E x ES l {x, OS], U^ xEnEh, +

BB E v +{x ni+ E +Yx i i
xn JE lx u V J xE 15 (vi)
E +{x *
7.2. The Bank adopted Accounting Standard 15 (Revised)Employee Benefits, issued by Institute of Chartered
respect of employee benefits, viz, Pension, Gratuity,
Leave Encashment and LFC.
7.3.
xvE/M-xvE ES l, {x (B{<+-1995),
OS], +E xEnEh + BB E v E E
ni E xxx +xni EE u Ex Ex
E +v { +Yi E Vi *
7.3. Banks liabilities in respect of the funded/ non-funded

employee benefits, viz., Pension(ABEPR-1995), Gratuity,
Leave Encashment and LFC Leave are recognised on
the basis of actuarial valuation carried out by approved
Actuary as per
(B) i xn JE lx u V J xE
15(vi) xvi ri +
(a) Principles laid down in AS 15 (Revised) issued by

the Institute of Chartered Accountants of India, and
() i EE lx u V nxn VBx
26*
(b) Guidelines GN 26 issued by Institutes of Actuaries

of India.
M] Sx: J xE (BB) 17 / Segment Information: Accounting Standard (AS) 17

M B : E M] / Part A: Business Segments
7.4.
Jb
Business
Segments
]V
fUthvtuhux/:tufU
r;Cqr;gtk
Treasury
Corporate/
wholesale
banking
rJJhK
attq JMo
Particulars
Curr.Year Prev.Year
5525.07 5325.34
866.58
393.65
htsJ/Revenue
vrhKtb/Result
+x]i
d; JMo attq JMo
rhxut crfUkd
yg crfUkd
{Sx
Retail Banking
Other Banking
Operation
d; JMo attq JMo
Curr.Year Prev.Year
10329.70
9670.11
1676.39 1274.56
fwUt
Total
d; JMo attq JMo d; JMo attq JMo
Curr.Year Prev.Year
5577.74 5132.82
1664.58 1640.72
Curr.Year Prev.Year
459.02
929.22
289.61 730.08
Unallocated expenses
d; JMo
Curr.Year
21891.53
4497.16
Prev.Year
21057.48
4039.01
2857.18
2381.21
1639.98
990.96
1657.80
469.37
0.00
649.02
0.00
1188.43
vrhattl ttC
Operating Profit
ytg fUh / Income taxes
ymt"thK ttC/ntrl
Extraordinary profit/loss
rlJt ttC /Net Profit
0.00
0.00
0.00
0.00
0.00
0.00
0.00
57131.76 64872.45 117009.19 114558.55 51550.12 39693.59
575.25
0.00
yg mqalt:
Other Information:
FkzJth ytr;gtk
Segment assets
517.66 226266.32 219642.25
dih ytckrx; ytr;gtk

Unallocated assets
1413.34
1309.69
fwUt ytr;gtk
Total assets
227679.66 220951.94
FkzJth =ug;tYk
Segment liabilities
54287.12 61766.55 111183.19 109073.83 48983.39 37793.18
317.95
277.10 214771.65 208910.65
dih ytckrx; =ug;tYk

Unallocated liabilities
12908.01
12041.29
227679.66
20951.94
fwUt =ug;tYk
Total liabilities
189
M : ME M]
htsJ / Revenue
ytr;gtk / Assets
/ Part B: Geographic Segments
Dhutq
yk;hhtx[eg
Domestic
International
attq JMo
d; JMo
attq JMo
d; JMo
attq JMo
d; JMo
Previous Year
Current Year
Previous Year
Current Year
Previous Year
21651.40
20848.80
240.13
208.68
21891.53
21057.48
215327.21
211563.71
12352.45
9388.23
227679.66
220951.94
i xn JE lx u V BB 17 + =
{ E nxn E +x M] {]M E |Vx
i E E E S M] MEi E M
+li
o ] V {Sx
o E{]/lE EM
o Jn EM
o +x EM
z
ME M] E (E) P + (J) +i] E {
MEi E M *
z
vE +{I +vE BB+ |ii x +
M BB+ |ii x E ]V {Sx i
x E { x M *
z
E M] v vi , +i + ni+
E = M] E +]i E Vi + V E< n
v E ] M] vi x = |vi
E +x{i +]i E M *
7.5 vi {IE E |E]Eh - J xE (BB) 18 vi
{] E S B xnx
vi {] E x, E E l =xE v il EB MB
xnx*
(B) J |vx EE / (a) Key Management Personnel:
z
G..
{nx
Sl. No.
Name
Designation
1
2
3
fUtu g:tr:r; J;obtl rl=uNfU /
Notes to Segment Information:

z
The business of the subsidiary company, a non-banking

entity has been considered as residual business in
consolidated segment reporting.
For the purpose of segment reporting in terms of AS 17

issued by the Institute of Chartered Accountants of India
and RBI guidelines thereon, the business of the bank
has been classified into four segments, viz.
o
o
o
o
Treasury Operations,
Corporate / Wholesale Banking
Retail Banking
Other Banking business
Geographical segment has been classified as (a)

Domestic and (b) International.
Investment in SLR securities in excess of statutory

requirements and investment in non-SLR securities have
been considered as investment for Treasury Operations.
Expenses, assets and liabilities directly attributed to

particular segment are allocated to the relative segment
and wherever the items are not directly attributable to
specific segment the same has been allocated in
proportion to business managed.
7.5. Related Party Disclosures Accounting Standard (AS)

18 List of Related Parties and Transactions
The names of the related parties, their relationship with
the bank and transaction effected-
(` J ) / (` in Lac)
{v /
Remuneration
Existing Directors as on 31.03.2015
E `
+vI B |v xnE
Shri Rakesh Sethi
Chairman & Managing Director (/from 12.03.2014)
V. E. J
E{E xnE
Shri J. K.Singh Kharb
Executive Director (/from 23.01.2014)
Bx. E.
E{E xnE
Shri N. K. Sahoo
Executive Director (/from 12.03.2015)
k /F.Y.
k /F.Y.
2014-15
2013-14
18.64
0.93
16.16
2.83
0.87
x/NIL
Smt. S. Panse
Ex- Chairman & Managing Director (iE/upto 31.01.2014) x/NIL
21.35
V. {. n+
. {. +vI B |v xnE
Shri J. P. Dua
Ex- Chairman & Managing Director (iE/upto 31.08.2012)
. {. xnE / Ex Directors
i B. {x
1
2
Total
Current Year
M] Sx { x]:
z
+xM E{x, BE M EM l E E Ei
M] {]M +] E { x M *
31.03.2015
fwUt
. {. +vI B |v xnE
190
x/NIL
8.00
G..
{nx
Sl. No.
Name
Designation
31.03.2015
3
4
5
6
fUtu g:tr:r; J;obtl rl=uNfU /
{v /
Remuneration
Existing Directors as on 31.03.2015
]. + S
. {. E{E xnE
Shri T. R. Chawal
Ex- Executive Director (iE/upto 30.04.2014)
+h i
. {. E{E xnE
Shri Arun Tiwari
b. E
. {. E{E xnE
Shri D. Sarkar
B. +. xE
. {. E{E xnE
Shri M. R. Nayak
k /F.Y.
k /F.Y.
2014-15
2013-14
3.94
22.25
x/NIL
18.86
x/NIL
6.50
x/NIL
6.50
OS] il U^ xEnEh vi E xvh O E{x

E +v { E { EE |h u E Vi il
inx = ={H Sx x M *
Expenses towards gratuity and leave encashment are

determined actuarially on an overall basis annually and
accordingly have not been considered in the above information.
H =t E{x x { Vx < E{x . E

l EB MB xnx xxx *
Transactions with joint venture company Universal Sompo

General Insurance Company Limited. are as follows:
h /
k /F.Y.2014-15
Particulars
+Vi + / Income Earned

|nk | / Insurance Premium Paid
() +xM E{x
10.88
9.61
9.81
8.40
(b) Subsidiary:
AllBank Finance Limited (wholly owned): The bank holds

entire share capital of `15.00 Crore (Previous year `15.00
Crore) in the company.
+ E <x . ({h i): E E{x E `15.00

Ec (Mi `15.00 Eb ) E S {V E vi
Ei *
() H =t
k /F.Y.2013-14
(c) Joint Venture:
i)
x { Vx <xx E{x .
i)
ii)
BB+< (<b) .
ii) ASREC (India) Ltd.
E x { Vx <xx E{x .E `105 Ec

({U `105 Ec ) E 30 |ii B BB+<
(<b) E `26.50 Ec ({U `26.50 Ec )
E 27|ii vi Ei *
(b) BB]
Universal Sompo General Insurance Company

Limited.
The Bank is holding 30% share in Universal Sompo

General Insurance Company Limited amounting to
`105.00 Crore (previous year `105.00 Crore) and 27.04%
share in ASREC (India) Ltd. amounting to `26.50 Crore
(previous year `26.50 Crore)
(d) Associates:
<n { Oh E:
Allahabad U.P. Gramin Bank:
E Ij Oh E E `21.67 Ec ({U
`21.67 Ec
) E 35 |ii E vi Ei *
The Bank is holding 35% share in Allahabad U.P. Gramin

Bank amounting to `21.67 Crore (previous year `21.67
Crore).
vi {IE E v +x |E]Eh < |E :
Other Disclosures pertaining to related parties are as

under:
191
n/ vi {IE
{] {]
(i xjh
E +x)
+xM,
Parent
(as per
ownership
control)
Subsidiary
2+3+4+5
=v /Borrowings
V /Deposits
V E {] /
1531.99
248.38
248.38
-
Placement of Deposits
+O / Advances
x / Investments
248.38
-
19.71
-
1512.06
-
0.22
-
1531.99
-
343.03
279.25
0.97
279.25
342.05
0.01
279.25
343.03
11.95
9.06
9.06
9.06
11.95
11.95
0.33
0.33
0.33
1500
1500.00
1500.00
Items/Related Party
BB]/
H ={G
|J
|vx EE
|J |vx
EE E
v
Associate/
Key Relatives of
joint Management
Key
ventures
Personnel Management
Personnel
Total
M xvE |iriB /
Non-funded commitments
={M E M< VM/BS{ l

Leasing/HP arrangements availed
|nx E M< VM/BS{ l

Leasing/HP arrangements provided
+S +i E Jn
Purchase of fixed assets
+S +i E G
Sale of fixed assets
|nk V / Interest paid
|{i V / Interest received
|nx Ex /
Rendering of Services
|{i Ex /
Receiving of services
|vx nB /
Management contracts
G + G EB MB +<{ /
IBPC sold & purchased
7.6.
{]] |E]Eh
B) E E { E / + v+ E B z
{]] * < v xxi |E]Eh E Vi :
xxJi |iE +v i xi x E Ex
{SxMi {]] E +iMi xxi {]] Mix
E M :
+{i {]] +v i n E
7.6. Lease Disclosure- Accounting Standard (AS) 19:

A) The Bank has various operating leases for offices/
residential facilities. Disclosures in this regard are as
under:
i) The total of future minimum lease payments under
non-cancelable operating leases for each of the
following periods:
i)
Rent payable for unexpired lease period
Vn {]] +v / Existing Lease Period
n /
E lli /As on
BE +xvE / Not later than one year
Amount Payable
E lli /As on
31.03.2015
79.75
31.03.2014
69.54
197.48
183.74
45.26
40.31
BE E n il {S +xvE /
Later than one year and not later than five years
{S E n /Later than five years

192
+{x +xM l E v {]] J xE |V x

<B E{x x 01.04.2001 E n E< {]] Ei x
E *
In respect of its subsidiary, lease accounting standard is not

applicable since the Company has not sanctioned any lease
after 01.04.2001.
ii) The total of future minimum sublease payments
expected to be received under non-cancelable
subleases at the balance sheet date: NIL (Previous
Year: NIL)
ii)
ix {j E iJ E xi x E Ex ={ {]]
E +iMi |{i EB Vx |ii xxi ={
{]] E Mix E M : x ({U : x)
iii)
vi +v i B x E h +Yi {]]
Mix : `132.24 Ec ({U `111.45 Ec )
iii) Lease payments recognised in the statement of

profit and loss for the period: `132.24 Crore
(Previous Year: `111.45 Crore)
iv)
vi +v i B x E h +Yi |{i
(+l |{) ={-{]] E Mix : x ({U : x)
iv) Sub-lease payments received (or receivable)

recognised in the statement of profit and loss for
the period: NIL (Previous Year: NIL)
) k {]]
7.7
E E { k {]] E +iMi E< {k x *
B)
|i +Vx : J xE (BB) 20
7.7. Earning Per Share Accounting Standard (AS) 20
G .
Sl No.
Particulars
1.
Financial Lease
Bank is not having any assets under Financial Lease.
k /F.Y.
k /F.Y.
2014-15
2013-14
11.91
23.21
|i E B b<]b +Vx
Basic and Diluted Earning Per Share (`)
|i E B b<]b +Vx E Mhx /
Calculation of Basic and Diluted Earning Per Share:
G .
Sl No.
Particulars
B/A
i <C] vE { +{ x (` Ec )
k /F.Y.
k /F.Y.
2014-15
2013-14
649.03
1188.43
54,51,22,719
51,19,96,459
11.91
23.21
10.00
10.00
Net Profit for the year attributable

to Equity Share holders (` In Crores)
/B
<C] E i +i J
Weighted average number of Equity Shares
/C
|i E B b<]b +Vx(B/) (`)

Basic and Diluted Earning per Share (A/B) (`)
b/D
|i xx (`)
Nominal Value per share (`)
7.8.
+ { E i J - J xE (BB)
22
E n x +lMi E i E Vx E { `313.87
Ec (x) ({U `48.15 Ec (x)V) E B
x Ji V J M* ix {j E iJ E lli
+lMi E +i / ni+ E J P]E ix{j E il E
+x xxi :
7.8. Accounting for Taxes on Income: Accounting

Standard (AS) 22
During the year, an amount of `313.87 Crore credited (Previous
year `48.15 Crore debited) to the Profit & Loss Account by
way of adjustment of deferred tax. The major components of
Deferred Tax Assets/ Liabilities as on Balance Sheet date are
as under:
193
E |
h /
Particulars
At the beginning
of the Year
attq JMo
Vx Vc/
(P])
Adjustment
Add/(Less)
E +i
At the close
of the Year
d; JMo attq JMo
d; JMo
attq JMo
d; JMo
Current
Year
Previous
Year
Current
Year
Previous
Year
Current Previous
Year
Year
+lMi E +i /Deferred Tax Assets

U^ xEnEh i |vx /
Provision for Leave Encashment
63.16
43.46
25.23
19.70
88.39
63.16
BB i |vx /Provision for LFC

B+<]B i |vx / Provision for FITL
+x /Others
E /Total
+lMi E niB /Deferred Tax Liabilities
+S +i E /Depreciation of Fixed Assets
x E { vi |ii { ={Si Ei +n V
17.76
12.50
7.45
5.26
25.21
17.76
Nil
Nil
Nil
Nil
378.89
2.69
Nil
Nil
378.89
2.69
Nil
Nil
80.92
55.96
414.26
24.96
495.18
80.92
Nil
Nil
0.49
Nil
0.49
Nil
64.34
80.55
1.87
(16.21)
66.21
64.34
deduction under Section 36 (1) (viii)
390.42
Nil
95.68
390.42
486.10
390.42
+x /Others
E /Total
+lMi E niB (x) /
0.61
Nil
2.35
0.61
2.96
0.61
455.37
80.55
100.39
374.82
555.76
455.37
Deferred Tax Liability (Net)
374.45
24.59 (313.87)
349.86*
60.58
374.45
Interest Accrued but not due on securities held

as Investments
v 36(1) (viii)E +iMi

E]i E Eh V +ii
Amount transferred to Special Reserve on account of

*`48.15 Ec
B x Ji E x J M + `301.71
Ec |Ii Ji E x J M*
S 2015 E {i S k E n x E x xvE V
n @h (B+<]B) i v ni+ (V {V Eh) E
B |vx v BB 22 E +x +lMi E +i E
+Yi E V + iE x E V l* inx
`378.89 Ec
(31.03.2014 iE E +v vi `295.90
Ec i) E x J +Yi E M *
*`48.15 Crore debited to Profit & Loss Account and `301.71

Crore debited to Reserve Account.
E BS]B h E x { +lMi E +Yi x Ei

CE E E S < v E< +i x *x
{ +lMi E +Yx { i xn JE lx E
Y E i E S E x < q E i E
P E { Mnx i V CE =tM VMi < {
E< Ex E ziB *
The Bank does not recognise deferred tax on HTM category

of investments as in its opinion, there is no timing difference in
this regard. Pursuant to the opinion of the Expert Advisory
Committee of the Institute of Chartered Accountants of India
on recognition of deferred tax on investments, the bank has
referred the issue to the Indian Banks Association for their
guidance on the matter since there is a difference in treatment
on this subject in the industry.
During the current financial year ended Mar2015 the bank

has recognised deferred tax asset in accordance with AS 22
on provision for sundry liabilities (interest capitalisation)
account for funded interest term loan (FITL) which was hitherto
not being done. Accordingly an amount of `378.89 Crore
(including `295.90 Crore relating to the period up to
31.03.2014) has been recognised in profit and loss account.
194
7.9. BB] x i J(BB-23)
7.9. Accounting for Investment in Associates (AS) 23:
xxJi BB] E J xE (BB)23 Ei k

h BB] x i J E +x Ei E
M *
The following Associate has been consolidated as per the

Accounting Standard (AS)-23 Accounting for investments in
Associates in Consolidated financial statements.
l E x
n/x
i i
vi E
Name of the entity
Country/ residence
Relationship
Ownership
Interest
Amount
of Shareholding
(` in Crore)/(` Ec
)
<n { Oh E
|VE E
Allahabad U.P. Gramin Bank
India
Sponsor Bank
35.00%
21.67
7.10.
H =t x i J(BB) 27
7.10. Accounting for Investment in Joint Ventures (AS) 27:
xxJi H =t E J xE (BB)27 Ei k
h H =t x i J E +x Ei E
M *
The following joint venture has been consolidated as per the

Accounting Standard (AS)-27 "Accounting for investments in
Joint ventures in consolidated financial statements"
l E x
n/x
i i
vi E
Name of the entity
Country/ residence
Relationship
Ownership
Interest
Amount
of Shareholding
)
(` in Crore)/(` Ec
x { Vx < E..
H =t
Universal Sompo General

Insurance Company Ltd.
India
Joint Venture
30.00%
105.00
BB+<(<b).
H =t
ASREC(India) Ltd.
India
Joint Venture
27.04%
26.50
7.11.
+xM E{x x i J
7.11.Accounting for Investment in Subsidiary
l E x
n/x
i i
vi E
Name of the entity
Country/ residence
Relationship
Ownership
Interest
Amount
of Shareholding
(` in Crore)/(` Ec
)
+ E <x .
+xM ({h i)
All Bank Finance Limited
India
Subsidiary (wholly owned) 100.00%
15.00
7.12.
k +i E { E E +i E {{i + {
J xE (BB) 28 <{] + B] |V x
* |vx E =H xE E +x 31.03.2015 E
E E +x +i E< <{] x + =Ci
xE E +x +Yx i E< i{h i x
7.12. A substantial portion of the bank's assets comprise of

'financial assets' to which Accounting Standard (AS) 28
'Impairment of Assets' is not applicable. In the opinion
of the management, there is no impairment of other
assets of the Bank as at 31.03.2015 to any material
extent requiring recognition in terms of the said standard.
7.13.
|vx, +EE niB + +EE +i E v

J xE (BB)29 E +x |E]Eh
7.13. Disclosure in terms of Accounting Standard (AS) 29 on

"Provisions, Contingent Liabilities and Contingent
Assets":
195
n i+ i |vx E E Sx (<i )
Movement of Provision for Liabilities (Closing Balance)
E lli
rJJhK /
Particulars
As on 31.03.2015
YlveY nu;w tJ"tl /Provision toward NPA

(/b) rlJuN vh bqgtm nu;w tJ"tl / Provision for Depreciation on Investment
(/c) btlfU ytr;gt nu;w tJ"tl /Provision towards Standard Assets
(b/d) ytgfUh nu;w tJ"tl /Provision towards Income Tax
(</e) yt:rd; fUh ytr; / =ug;t /Deferred Tax (Assets) / Liabilities
(B/f) ylwMkde ttC fUh /Fringe Benefit Tax
(V/g) yg /Others
fwUt / Total
8.
Contingent
8. +EE niB
(B/a)
ix {j E +xS 12 E G J (I) (VI) l=Ji

B niB G: x/+]x/x E x{]x
E {h, +{ E x{]x, M E M< , nMi
vi+ E i, P]xG + vi {IE u E M<
M { x * +E <x . E +EE ni+
vi +iH ]{{h xxx :
z
9.
As on 31.03.2014
2308.97
2123.73
297.83
387.40
1237.72
840.83
4140.15
2830.38
60.58
374.45
0.00
26.04
2896.23
341.68
10941.48
6924.51
Liabilities
Such liabilities as mentioned at Sl. No.(I) to (VI) in

schedule 12 of Consolidated Balance Sheet are
dependent upon the outcome of court / arbitration / out
of court settlement, disposal of appeals, the amount
being called up, terms of contractual obligations,
devolvement and raising of demand by concerned parties
respectively. Additional comments in respect of
contingent liabilities of AllBank Finance Limited are as
follows:
z +{ |vEh E I i E v
ni +E V E{x E `0.94 Ec ({U
`1.41 Ec ) E E |{i x E x *
31.03.2015 E lli `9.29 Ec ({U `1.22
Ec ) E +O E, i { E] MB E + |{
+E b E { n< M< * Exvh
+ +{ E z Sh Vx i i *
E{x E r @h E { +Ei x EB MB n:
`0.94 Ec
({U `1.22 Ec )
+ E <x . E v xx x E
+nx, . .. n< u 13.05.1992 E + E
<x . E { MB E E E {I {k
E {h +ih x M* inx, E {nM E
iJ E E x M + =E n =x
{ Pi i ={S + +vE { <E E *
={H +n E {h{ E +Vx E nPv
x x M*
E lli
Disputed Income Tax in respect of matters pending

before various appellate authorities where the
Company expects to succeed amounts to `0.94 Crore
(Previous Year `1.41 Crore). As on 31.03.2015, `9.29
Crore (Previous Year `10.61 Crore) have been shown
as advance income tax, tax deducted at source, and
income tax refund receivable. This amount is pending
adjustment at various stages of assessment and
appeal.
Claims against the Company not acknowledged as

Debts : `0.94 Crore (Previous Year : `1.22 Crore)
9.
In respect of AllBank Finance Limited, as per the order

of Honble Special court, the delivery of shares on
13.05.1992 by M/s V. B Desai to AllBank Finance Ltd.,
constituted complete transfer of property in the shares
in favour of the Bank. Accordingly, the Bank became
the owner of the shares from the date of delivery of the
shares and was entitled to all accretions and rights
declared thereafter. Pursuant to the above-mentioned
order, the acquisition of the shares has been considered
as long term investment.
10.
{V Mi Ji { x{nx i n E +xxi
VE |vx x E M (x +O) `115.65
Ec (Mi `61.05 Ec ) *
10.
Estimated amount of contracts remaining to be executed

on capital account and not provided for (Net of Advance)
`115.65 Crore (Previous Year `61.05 Crore).
11.
+x{V +i E +iMi vi |vx E Ij E+{

E E +O +xxi +v { P] n M iE
ix{j E +xS 9 lH x +O E xE
E*
11.
Sector wise break up of provision held under nonperforming advances is deducted on estimated basis
from gross advances to arrive at the balance of net
advances as stated in the Schedule 9 of the Balance
Sheet.
12.
={v b], ={v k h + =vEi+ |{i

Ph E +v { E x 15 Vx 2014 E E {{j
b+b . {..85/21.06.200/2013-14 + nxE
12.
Based on the available data, available financial

statements and the declaration from borrowers wherever
received, the Bank has estimated the liability of `1.13
196
3 Vx 2014 E {{j . b+b . {..116/

21.06.200/2013-14 nB MB {i {]Eh E +x
+{x OE E B +xVb n p BC{V E v
31 S 2015 iE `1.13 Ec E +xx M * S
+xxi E {hi |vx E M *
crore upto 31 st March, 2015 on Unhedged Foreign

Currency Exposure to their constituents in terms of RBI
circular DBOD. No.BP.BC.85/21.06.200/2013-14 dated
15th January 2014 and subsequent clarification vide
circular no. DBOD. No.BP.BC.116/21.06.200/2013-14
dated 3rd June, 2014. The entire estimated amount has
been fully provided for.
13.
E x `10 ({B n j) E +Ei 26769282

(n Ec c` J =xk V n ) <C]
|i `109.54 ({B BE x B { Sx j)
E | { i E (i E ]{i) E 119.54
({B BE =z B { Sx j) E xM {
+vx +v { `319,99,99,970.28 ({B ix =z
Ec xxx J xxx V x k B { +]`<
j) E E |i { 25.03.2015 E +]i EB *
<E {h { i E (i E ]{i) E
vi 58.90% gE 60.83% M< *
13.
The Bank has issued and allotted 2,67,69,282 (Two Crore

Sixty Seven Lac Sixty Nine Thousand Two Hundred
Eighty Two) equity shares of face value of `10.00
(Rupees Ten only) at an issue price of `119.54 (Rupees
One hundred nineteen and paisa fifty four only) including
a premium of `109.54 (Rupees One Hundred Nine and
Paisa Fifty Four only) per equity share to Govt. Of India
(President of India) on preferential basis on 25.03.2015
for a total consideration of `319,99,99,970.28 (Rupees
Three Hundred Nineteen Crore Ninety Nine Lac Ninety
Nine Thousand Nine Hundred Seventy and Paisa Twenty
Eighty only). As a result the shareholding of Govt. of
India(President of India) has increased from 58.90% to
60.83%.
14.
k 2014-15 E n x E x E `500 Ec E ]
2 {V bS { E *** +x{i ] 2 b E
|<] {] E v =M *
14.
During the financial year 2014-15, the Bank has raised

Tier 2 Capital aggregating to `500 Crore through private
placement of BASEL-III compliant Tier 2 bonds in the
nature of debentures.
15.
E E xnE b x k 2014-15 i E E |nk

{V E 16.30% E n |i <C] `1.63 E
E ii E *
15.

dividend of `1.63 per equity share i.e. @ 16.30% of paid
up capital of the Bank for F.Y. 2014-15.
16. +{vi {x + OS] ni

B. k 2010-2011 E n x <n E (ES)
{x x 1995 E ii ES i {x v
E{ E {x: Ex B OS] E Mix +vx,
1972 E ii OS] + gk Ex { E x
{x i `708.07 Ec + OS] i `39.63 Ec
E E +iH E c ni +n E ,
V i V E E nxE 09 , 2011 E
{{j b+b J {.. 80/21.04.018/201011 E +x {vi E M * =H {{j E
|vx E +x, {vi JS E {S M (1/5th)
E +h |iE E Vx SB + inx,
+{vi JS E { `747.70 Ec (+li {x
i `708.07 Ec + OS] i `39.63 Ec ),E
+ x J |i E M* i V
E E =H xn E +xh Ei B E x S k
E nx + x J `149.36 Ec
(+li `141.66 Ec {x i + `7.70 Ec OS ]
i) E E |i E * +Oxi +{vi
x*
. 01.04.2010 E +l E n E Vcx
ES i {i +nx xk i Vx
E Exx , E x {B+bB E xE +
+v xjh E +iMi Bx{B E E{] b
i ] {x |h E +{x + E xxq]
ES i xH-ES v E {v E +iMi
i E{] Bx{B + V E +|
2012 {Si E M *
16.
Unamortised Pension and Gratuity Liabilities:
197
A. On re-opening of Pension option to employees under

Allahabad Bank (Employees) Pension Regulations
1995 and enhancement in Gratuity limits under the
Payment of Gratuity Act 1972 during the financial year
2010-2011, the Bank had incurred huge liability
towards additional load amounting to `708.07 Crore
for Pension and `39.63 Crore for Gratuity, which were
amortised in terms of Reserve Bank of India circular
DBOD No.BP.BC.80/21.04.018/2010-11 dated 9th
February, 2011. As per the provisions of the said
circular, 1/5th of the amortised expenses is to be
absorbed each year and accordingly, `747.70 Crore
(i.e.`708.07 Crore for Pension and `39.63 Crore for
Gratuity) has been charged to the Profit and Loss
Account in F.Y. 2010-11, 2011-12, 2012-13 & 201314, and 2014-15. Following the said directive of the
Reserve Bank of India, during the current financial
year the Bank has charged a sum of `149.36 Crore
(i.e. `141.66 Crore for Pension and `7.70 Crore for
Gratuity) to the Profit and Loss Account. The
unamortized amount carried forward is Nil.
B. In implementation of the Defined Contribution
Retirement Benefit Scheme for the employees joining
service of the Bank on or after 01.04.2010, the Bank
has adopted National Pension System for Corporate
Model of NPS under the regulatory and administrative
control of PFRDA and has joined NPS as Corporate
under the purview of employer-employee relationship
for these underlying employees, which has been
operationalised in our Bank since April,2012.
. ix vx i |vx : ES E ix vx
(10 u{I Zi) V x 2012 n E
Eh E { {cx i i E x S
k E n x `361.98 Ec E |vx E *
({U 2013-14 i 282.00 Ec + 201213 i `100 Ec )* < |E 31 S 2015 E lli
ix vx i E `743.98 Ec E |vx E
M * i E P E Mn x]/+vi Vx+
E xvx i E E xi E l l 23.02.2015 E
SS Ek { iI Ex E n +<B |{i
+tix bE E l {ì i W E E nxn
E +x{x E x < k E n x 10
u{I Zi E Eh {cx i E |vx
E v E I E * < v i E P E
Mn x] E Ji +x{x E =q +vi
Vx+(l {x, OS] + U^ xEnEh) E v
xvx E E +xx E E +xni EE
u EB MB EE x E +v { M M
+ inx `743.98 Ec E E |vx E {x:
+]i E M (1) ix E `419.00 Ec
(2) {x `224.25 Ec (3) OS] `66.44 Ec
(4) +E xEnEh `34.27 Ec *
17.
C. Provision on account of Wage revision: To meet the

probable load on the Bank on account of wage
revision of employees (10th bipartite settlement) which
is due from November 2012, the Bank has made a
provision of `361.98 Crore during the current financial
year (previous year 2013-14, `282.00 Crore & for
year 2012-13 `100.00 crore).As such total Provision
on account of wage revision as on 31st March 2015
stands at `743.98 Crore. Keeping in line with the
IBAs Guidance Note/ Banks Policy on Funding
Superannuation Schemes as also in compliance of
RBI directive in the matter read with the latest
feedback received from IBA after signing of Minutes
of Discussion on 23.02.2015 , the Bank reviewed
the model of provisioning in respect of the probable
load on account of 10th Bipartite Settlement, during
this fiscal. With the object to achieve strict compliance
of the IBAs Guidance Note in this regard, the
probable funding load on Superannuation Schemes
(viz. Pension, Gratuity and Leave Encashment) have
been estimated on the basis of actuarial valuation
conducted by Banks approved Actuary and
accordingly, aggregate provision of `743.98 Crore
has been relocated as (1) Arrear Salary `419.00
Crore; (2) Pension `224.25 Crore;(3) Gratuity `66.46
Crore and (4) Leave Encashment `34.27 Crore.
l |vx (|iSG Ii |vx) / Floating Provisions (Countercyclical Provisioning Buffer):

(` in Crore)/(`
B./A.
h
Ec )
|iSG Ii |vx |vx +l |vx
Particulars
Counter cyclical
Provision Buffer
(B/a) +l / Opening Balance

(/b) E n x E M |vx E {h
Quantum of Provision made during the year
*
Purpose & Amount of draw down during the year *
(b/d)<i /Closing Balance
Floating Provisions
F.Y.
2014-15
F.Y.
2013-14
F.Y.
2014-15
F.Y.
2013-14
48.00
48.00
NIL
NIL
NIL
NIL
NIL
NIL
24.00
24.00
NIL
48.00
NIL
NIL
NIL
NIL
(/c) E n x b b=x E E B |Vx
* i V E E nxE 30 S 2015 E {{j b+ .

{..79/21.04.048/2014-15 E +xh E x 31n
2014 E lli |iSG Ii |vx E 50 |ii E
={M Ex E xh inx Bx{B i xn] |vx
Ex E B `24 Ec E ={M E M *
* Pursuant to Reserve Bank of India's Circular

DBR.No.BP.BC.79/21.04.048/2014-15 dated March 30,
2015, Bank decided to utilize 50 per cent of countercyclical
provisioning buffer held as on December 31,2014 and
accordingly utilized `24 Crore for making specific Provisions
for NPA.
. +Ii xv b b=x:
+Ii xv b b=x E h xxx :
B. Draw Down from Reserves:

Details of draw down from Revenue Reserves are as under;
(` in Crore)/(` Ec
)
h /
Particulars
(E/a)
+lMi E niB (b]B)/
(J/b)
xvE V n @h (B+<]B)/
k /F.Y. 2014-15
Deferred Tax Liability(DTL)

Funded Interest Term Loan(FITL)
198
k /F.Y. 2013-14
NIL
301.71
NIL
687.72
18. +n niB V E n E E n x xxx

VEi I B VMEi xv (b<BB) +ii E
M :
h /
18. Unclaimed liabilities where amount due has been

transferred to Depositors Education and Awareness Fund
(DEAF) during the year are as under:
(` in Crore)/(`
Particulars
Ec )
k /F.Y. 2014-15
k /F.Y. 2013-14
0.00
NIL
10.95
NIL
0.00
NIL
10.95
NIL
b<BB +ii E +l
Opening balance of amounts transferred to DEAF
Vc: E n x b<BB +ii

Add: Amounts transferred to DEAF during the year
P]B: n i b<BB |i{i E M<

Less: Amounts reimbursed by DEAF towards claims
b<BB +ii E <i

Closing balance of amounts transferred to DEAF
19. EE E{x (={G E +Vx + +ih) +vx,

1970 E v 10 (16.10.2006 E +i:l{i) E ={v
+ i E, k j u nxE 21.05.2014 E
{j . B. .7/93/2013-14-+B E ii V nxn
E +x k 2006-07 iE E E E +nk +
+n E Exp E u l{i xE I +
I xv (+<<{ B) +ii E M *
19. In terms of the provisions of Section 10B of the Banking

Companies (Acquisition and Transfer of Undertakings) Act,
1970(Inserted on 16.10.2006) and in terms of directives
issued by Government of India, Ministry of Finance vide
their letter No.F.No.7/93/2013-BOA dated 21.05.2014, the
unpaid and unclaimed dividends of the Bank up to the FY
2006-07 have been transferred to Investors Education &
Protection Fund (IEPF) established by the Central
Government.
20. xZx (Sx) E E |ixv E 01.09.2014 E n

E n M *
20. The Bank's representative office abroad at Schenzhen

(China) has been closed on 01.09.2014
V +E Z M Mi E +Ec E {x:i
{x:MEi E M *
Figures of previous year have been regrouped or

reclassified wherever considered necessary.
199
< n E
ALLAHABAD BANK
31 S, 2015 E {i i Ei xEn | h
Consolidated Cash Flow Statement for the year ended 31st March, 2015
(` Ec )(`` in Crore)
h / Particulars
B. {Sx Miv xEn |
2014-15
2013-14
A. Cash Flow from Operating Activities
E n x +O, xvx +n |{i V

Interest received during the year
from Advances, Investments etc.
+x + / Other Income
P]B: / Less:
19749.06
2139.41
21888.47
18775.60
2277.27
21052.87
E n x V { |nk V /
Interest paid during the year on Deposits
(12924.18)
(12854.61)
|vx B +EEi+ i {Sx /

Operating Expenses including Provisions & Contingencies
Vc: / Add:
+S +i { / Depreciation on Fixed Assets
(7705.16)
(20629.34)
(6434.49)
(19289.10)
101.10
84.05
1360.23
1847.82
B. {Sx Vi xEn
({SxMi +i + ni+ {ix {)
a.
Cash Profit generated from operations

(prior to changes in operating
assets and liabilities)
. ni+ r (E)
b.
Increase (Decrease) in Liabilities

V / Deposits
+x niB B |vx / Other Liabilities & Provisions
2541.10
1034.30
3575.40
12100.96
925.83
13026.79
(3808.05)
(8517.78)
(5700.21)
(628.42)
(14846.41)
. +i E (r)
c.
Decrease (Increase) in Assets
+O / Advances
x / Investments
+x +i / Other Assets
{SxMi Miv x xEn | (B++)
(11869.55)
7420.31
641.19
Net Cash Flow from Operating Activities (a+b+c)
1127.58
28.20
x Miv xEn |
Cash Flow from Investing Activities
+S +i E G/xih Sale/disposal of fixed assets
+S +i E G / Purchase of fixed assets
4.06
(202.23)
10.30
(152.81)
. x Miv xEn |
B
Net Cash Flow from Investing Activities
(198.17)
(142.51)
k{h Miv xEn |

Cash Flow from Financing Activities
=v / Borrowings
=v { V / Interest on Borrowings
(E i) / Dividends (including tax)
<C] E xM / Issue of Equity Share
] 2 b E Sx / Redemption of Tier-2 Bonds
+ E <x . u { E M< {V /
Capital returned by All Bank Finance Ltd
k Ij E {Vx E +iMi @h E Mix
/
Payment of Loan under financial sector Dev. Project
. k Miv xi x xEn
C
Net Cash generated from Financing Activities
2189.52
(613.16)
x/NIL
320.00
x/NIL
2034.64
(579.95)
(511.84)
400.00
x/NIL
x/NIL
x/NIL
x/NIL
x/NIL
1896.36
200
1342.85
(` Ec )(`` in Crore)
Ei xEn | h (V...) / Consolidated Cash Flow Statement (Contd.)

h / Particulars
E n x E xEn | (B++) /
2014-15
Total Cash Flow during the year (A+B+C)
2013-14
2825.77
1228.54
b. E + xEn + xEn i
D.
Cash and Cash equivalent at the

beginning of the year
i W E E { xEn il /
8834.52
7808.29
5481.08
5278.77
E + M il +{ Sx { n vx /
Balances with Banks and Money
at Call and Short Notice
E / Total
<. E +i xEn + xEn i
E.
14315.60
13087.06
Cash and Cash equivalent at the

end of the year
i W E E { xEn il /
9660.29
8834.52
7481.08
5481.08
E + M il +{ Sx { n vx /
Balances with Banks and Money
at Call and Short Notice
E / Total
E n x E xEn | (<-b)
17141.37
14315.60
2825.77
1228.54
Total Cash Flow during the year (E-D)
(B. E. M)
({. B. |vx)
( )
|vE (k B J)
={ |vE (k B J)
E |vE (k B J)
(A. K. Goel)
(P. L. Pradhan)
(Bhavesh Mishra)
(Bx. E. )
(E ` )
(V. E. J)
+vI B |v xnE
E{E xnE
E{E xnE
(Rakesh Sethi)
(J. K. Singh Kharb)

Executive Director
(N. K. Sahoo)
Executive Director

xnE / Directors:
Ei . ] Bb { i
Ei . Jb EEx Bb E.
xn JE
xn JE
(B x b. ME)

{]x / Partner
Ei . P xl Bb E.
(B Bx.{xn)
(CA N. Purandare)
{]x / Partner
Ei . l Bb BB]
Ei . Bx. . xV Bb E.
(B x )
(B B. x)
(B . E. )
xn JE
(CA Meenal Singh)

{]x / Partner
xn JE
(CA S. Srinivas)
{]x / Partner

nxE / Date: 08.05.2015
201
xn JE
(CA B.K. Biswas)

{]x / Partner
,
xnE b
<n E
ij J{IE E {]
Ei k h v {]
1. x 31, S 2015 E lli <n E (E), <E +xM E{x (E { E M ), BE BB]
+ n H =t E Ei k h E J{I E V 31 S, 2015 E lli Ei ix{j, =
E {i +v i Ei -x Ji il Ei xEn | h B i{h J xi E il +x JiE
Sx ] * <x k h u J{Ii E E J{Ii J, BE +xM, BE H =t E J{Ii
J + BE H =t il BE BB] E +J{Ii J ] *
Ei k h i |vx E ni
2. i xn JE lx u V J xE 21 Ei k h B J xE 23 Ei k h
BB] x E J il JxE 27 H =t i E k {]M B i V E E |V nxn
E +x <x k h E i Ex E ni E E |vx E * < ni Ei k h E i i
|ME +iE xjh E i Ex, Exx Ex + =E JJ Ex V i{h l h, E{]
+l j] , H *
+xM E{x + E H xjh l+ E vi xnE b E ni M E E
+i E I i + vJvc + +x +xii+ E {i Mx + =xE S Ex i E{x +vx, 2013 E
={v E +x {{i J +J E JJ E, Si Jxi E Sx E + =x M E* =Si B E{h
xh B |CEx E, + {{i +iE k xjh |h i E, = Exi E + = xB J V J +J
E ]Ei + {hi xSi Ex i {Si EB MB l, V k h E i Ex + =x |ii Ex i |ME
, V i + x{Ii ni + E |E E i{h lElx, S E{] +l j] , H VxE
|M ={H E E xnE u Ei k h i Ex i E M *
J{IE E ni
3. ni J{I { +vi <x Ei k h { +{x nx * x +{x J{I i xn
JE lx u V J{I xE E +x E * =x xE +{Ii E xi{E +{I+ E +x{x E
+ Vx x E J{I E x{ni E V Si +x |{i E C Ei k h i{h l h
H *
4. E J{I E J{I I |{i Ex E |G x{ni E Vi + B Ei k h
|E]Eh E Vi * Sxi |G J{IE E xh { +vi i V Ei k h i{h l
h E VJ E xvh, E{] +l j] i * <x VJ E xvh Ex J{IE E E i +
Ei J{I h E =Si |iiEh vi |ME +iE xjh E vx Ji + {li E +x{
=Si J{I |G xvi Ei * J{I |M < M< J xi E ={Hi B |vx u EB MB J
|CEx E Sii E l l Ei k h E Oi: |iiEh E Ex i *
5. E u |{i J{I I J{I |nx Ex i {{i B Si *
+i
6. , V E E, <E +xM, BB] B n H =t () E |ni i , B k
VxE il nB MB {]Eh E +x:
i. Ei ix{j, = nB MB x] E l {ì, BE {h B =Si Ei ix{j V +E h nB MB
< =Si { i E M , V <n E, <E +xM, BB] + n H =t E E
E 31 S 2015 E lli + =Si li |E] + xi: i Ei J ri E +x{ *
ii. Ei B x Ji, = nB MB x] E l {` i, xi: i Ei J ri E +x{ vi
E E ni *
iii. Ei xEn | h = il E {i i xEn | E + =Si li ni *
+x
7. x xxJi k h E J{I x E :
i. BE +xM E{x +li + E <x . VE k h J{Ii + 31 S, 2015 E lli `65.27
Ec E E +i ni + = il E {i i `8.28 Ec E E V ni *
202
INDEPENDENT AUDITORS REPORT

To
The Board of Directors
Allahabad Bank
Report on the Consolidated Financial Statements
1. We have audited the accompanying consolidated financial statements of Allahabad Bank (the Bank), its subsidiary (collectively called as the group), an associate and two joint ventures as at 31st March, 2015, which comprise the Consolidated
Balance Sheet as at March 31, 2015, and Consolidated Profit and Loss Account and the Consolidated Cash Flow Statement for
the year then ended and a summary of significant accounting policies and other explanatory information. Incorporated in these
financial statements are the audited accounts of bank audited by us, audited accounts of one subsidiary, one joint venture and
unaudited accounts of one joint venture, one associate.
Managements Responsibility for the Consolidated Financial Statements
2. The Management of the Bank is responsible for the preparation of these consolidated financial statements in accordance
with the requirements of Accounting Standard 21 Consolidated Financial Statements and Accounting Standard 23 Accounting for Investment in Associates in Consolidated Financial Statements and Accounting Standard 27 Financial Reporting of
Interest in Joint Ventures issued by the Institute of Chartered Accountants of India and in accordance of the applicable guidelines of the Reserve Bank of India. This responsibility includes the design, implementation and maintenance of internal control
relevant to the preparation of the consolidated financial statements that are free from material misstatement, whether due to
fraud or error.
The respective Board of Directors of the Subsidiary company included in the Group and of Groups jointly controlled entities are
responsible for maintenance of adequate accounting records in accordance with the provisions of the Companies Act, 2013 for
safeguarding the assets of the Group and for preventing and detecting frauds and other irregularities; the selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design,
implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that
give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the
purpose of preparation of the consolidated financial statements by the Directors of the Bank, as aforesaid.
3. Our responsibility is to express an opinion on these consolidated financial statements based on our audit. We have conducted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India. Those
Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance
about whether the consolidated financial statements are free from material misstatement.
4. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated
financial statements. The procedures selected depend on the auditors judgment, including the assessment of the risks of
material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Banks preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances. An audit also includes evaluating
the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management,
as well as evaluating the overall presentation of the consolidated financial statements.
5. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
6. In our opinion, as shown by books of bank, its subsidiary, associate and two joint ventures (group) and to the best of our
information and according to the explanations given to us:
i. the consolidated Balance Sheet, read with the notes thereon is a full and fair consolidated Balance Sheet containing all
the necessary particulars, is properly drawn up so as to exhibit a true and fair view of state of affairs of the group
comprising of Allahabad Bank, its subsidiary, associate and two joint ventures as at 31st March 2015 in conformity with
accounting principles generally accepted in India;
ii. the consolidated Profit and Loss Account, read with the notes thereon shows a true balance of profit, in conformity with
accounting principles generally accepted in India, for the year covered by the account; and
iii. the consolidated Cash Flow Statement gives a true and fair view of the cash flows for the year ended on that date.
Other Matters
7. We did not audit the financial statements of:
i.
One subsidiary i.e. Allbank Finance Ltd., whose financial statements are audited, reflect total assets of ` 65.27 Crore as
at 31st March, 2015 and total revenues of ` 8.28 Crore for the year ended on that date.
203
BE H =t E{x +li x { Vx < E{x ]b, V BE E{x + VE k h

J{Ii + 31 S, 2015 E lli `1437.47 Ec E E +i ni + = il E {i i
`563.49 Ec
E E V ni *
<x k h E J{I +x J{IE u E M< Vxx {] |ii E + , V iE =H
+xM E{x + H =t E v xi vi , {hi vi J{IE E {] { +vi *
x xxJi k h E J{I x E :
i. BE BB] +li <n { Oh E(++) E k h V +J{Ii + 31 S, 2015 E
lli `9635.69 Ec E E +i ni + = il E {i i `1026.24 Ec E E V ni
*
ii. BE H =t +li . +E (<b) .V BE +i {xM` x E{x + VE k h +J{Ii +
31 S, 2015 E lli E +i `192.08 Ec + = il E {i i E V `22.78 Ec *
+J{Ii k h { E Vx |vx |hi k h E +v { Ei E M *
Ei k h { +i + xxJi +x vE + xE +{I+ { {] ={H E v
EB MB MB E + +x J{IE E {] il |vx u |hi k h/k Sx { E v
+vi x *
vE B xE +{I+ v {]
Ei ix {j B Ei x Ji i xn JE lx u V J xE 21 Ei k h B
J xE 23 Ei k h BB] x E J il J xE 27 H =t i E k {]M
B i V E E +{I+ E +x i EB MB *
={H {O 1 5 =Ji J{I E + E +v { B EE E{x (={G E +Vx B +ih) +vx,
1970 u l +{Ii il = |E] + E +vvx {] Ei E:
(B) x SxB B {]Eh |{i EB V k VxE B E +x J{I E |Vxl
+E l il x =x iVxE { *
() VxE +B <n E, <E +xM E{x, + n H =t() E xnx = E +vE E +iMi
Vx <n E, <E +xM E{x, + n H =t () *
() <n E, <E +xM E{x, + n H =t () |{i h J{I E B {{i {< M< *
Ei ix{j, Ei -x J + Ei xEn | h |V J xE E +x{ *
ii.
8.
x
9.
+x
10.
11.
12.
Ei . ] Bb { i
xn JE
Ei . Jb EEx Bb E.
xn JE
(B x b. ME)
{]x
ni . 030615
{VEh . 101048W
(B Bx. {xn)
{]x
ni . 072684
{VEh . 001311C
Ei . P xl Bb E.
xn JE
Ei . l Bb BB]
xn JE
Ei . Bx. . xV Bb E.
xn JE
(B x )
{]x
ni . 501975
{VEh . 000451N
(B B.x)
{]x
ni . 202471
{VEh . 05120S
(B . E. )
{]x
ni . 055623
{VEh . 302081E
lx : EEi
nxE : 08.05.2015
204
ii. One Joint Venture Company i.e. Universal Sompo General Insurance Company Limited, which is an insurance company,
whose financial statements are audited, reflect total asset of ` 1437.47 Crore as at 31st March, 2015 and total revenues
of `563.49 Crore for the year ended on that date.
These financial statements have been audited by other auditors whose report has been furnished to us, and our opinion, in so
far as it relates to the amounts included in respect of the above subsidiary and joint venture, is based solely on the report of the
respective auditors.
8. We did not audit the financial statements of:
i.
The financial statement of one associate i.e. Allahabad U.P. Gramin Bank (RRB) whose financial statements are unaudited,
reflect total assets of `9,635.69 crore as at 31st March, 2015 and total revenues of `1,026.24 Crore for the year ended on
that date.
ii. The financial statements of one joint venture i.e M/s ASREC (India) Ltd., which is an asset reconstruction company,
whose financial statements are unaudited and reflect the total assets of `192.08 Crore as at 31st March, 2015 and total
revenue of `22.78 Crore as on that date.
We have relied on the unaudited financial statements, which have been consolidated on the basis of management certified
financial statement.
9. Our opinion on the consolidated financial statements and our report on Other Legal and Regulatory Requirements below, is
not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors
and the financial statements / financial information certified by the Management.
10. The consolidated Balance Sheet and the consolidated Profit and Loss Account have been drawn up in accordance with the
requirements of Accounting Standard 21 Consolidated Financial Statements and Accounting Standard 23 Accounting for
Investment in Associates in Consolidated Financial Statements, and Accounting Standard 27 Financial Reporting of Interest
in Joint Ventures issued by the Institute of Chartered Accountants of India and the requirements of the Reserve Bank of India.
11. Subject to the limitations of the audit indicated in paragraph 1 to 5 above and as required by the Banking Companies
(Acquisition and Transfer of Undertakings) Act, 1970, and subject also to the limitations of disclosure required therein, we report
that:
a. We have obtained all the information and explanations which to the best of our knowledge and belief, were necessary
for the purposes of our audit and have found them to be satisfactory.
b. The transactions of Allahabad Bank, its subsidiary, associate and two joint ventures (group), which have come to our
notice have been within the powers of the group comprising of Allahabad Bank, its subsidiary, associate and two joint
ventures.
c. The returns received from Allahabad Bank, its subsidiary, associate and two joint ventures (group) have been found
adequate for the purposes of our audit.
12. In our opinion, the Consolidated Balance Sheet, Consolidated Profit and Loss Account and Consolidated Cash Flow
Statement comply with the applicable accounting standards.
Ei . ] Bb { i
Ei . Jb EEx Bb E.
xn JE
xn JE
(B x b. ME)
(B Bx. {xn)

{]x / Partner
Ei . P xl Bb E.
(CA N. Purandare)
{]x / Partner
Ei . l Bb BB]
Ei . Bx. . xV Bb E.
(B x )
(B B.x)
(B . E. )
xn JE
(CA Meenal Singh)

{]x / Partner
xn JE
(CA S. Srinivas)
{]x / Partner
nxE/Date: 08.05.2015
205
xn JE
(CA B.K. Biswas)

{]x / Partner
+E <xx .
AllBank Finance Ltd.
xnE E {]
DIRECTORS REPORT
31 S, 2015 E {i k i E{x E J{Ii

k h i E {] |ii Ei B xnE E
|zi *
k {h
The Directors have pleasure in presenting the Annual Report

together with audited financial statements of the Company for
the year ended 31st March, 2015.
Ivx E n x +{E E{x x {U E `554.31

J E {I `827.70 J E +Vi E * E {Si
E {U vi +E Vx E Eh +<
* k {h E xxx :
During the year under review, your company earned total

income of ` 827.70 lacs as against ` 554.31 lacs in the previous
year. The PAT has decreased due to Income tax adjustments
pertaining to previous years. The summary of the financial
results is as follows:
(+Eb ` )/(Fig. in `)
FINANCIAL RESULTS
31st March, 2015
31st March, 2014
8,27,69,524
5,54,31,170
1,18,63,339
1,04,61,000
7,09,06,186
4,49,70,170
1,77,00,000
77,69,000
3,01,64,829
2,17,352
2,30,41,357
3,69,83,818
E + / Total Income
E / Total Expenses
E { / Profit Before tax (PBT)
E i |vx / Provision for tax
+ E Vx(Mi ) / Income Tax Adjustment (Previous Years)
E {Si / Profit after tax
31 S, 2015 E {i i xnE x E E
x E*
+Ii
xnE x Ex +Ii xv E E Vx E
|i x E*
{Sx
+ll E MEx :
i E +ll xx Vb{ E 10 c
+ll + i c G H i({{{) * n
V-20 |J +ll+, C E n, BE +
b]+ E +x 20 E ]b E v BE E
+ll * i +ll E E r n k
2013-14 6.9% E ix 2014-15 g E 7.4% x
E +xx M M* S k E n x n E +ll
v x + r n 5.5 |ii x E x * S
k E {v i +ll E r n {U EU
E 4.5-4.7 |ii E {I gE 5.5 |ii < *
k 2014-15 E n x E x SE n +li { ]
n Sh 25 |ii +v n E E]i Ex E xh
+ < ix 7.50 |ii { xvi E *
DIVIDEND
i V E E xiMi ={:
i V E x 7 +| 2015 E V n E 7.50 |ii
{ E J + =x +M En =`x { iE
n E +Ex Ex i + H x E <n E il E
E {U V n E]i { S Ei B @h n E
Vx i + +vE n *
E E h E +x +M 5 + 10 iE
E vi(VB) r G: 8.0 |ii + 8.25 |ii
Reserve Bank of Indias Policy Measures:
Directors do not recommend any dividend for the year ended

31st March, 2015.
RESERVES
The Directors do not propose to carry any amount to any
reserves.
OPERATIONS
Overview of the Economy:
India is the tenth-largest economy in the world by nominal
GDP and the third-largest by purchasing power parity (PPP).
According to WTO, the country is one of the G-20 major
economies, a member of BRICS and a developing economy
among the top 20 global traders. The annual growth rate of
the Indian economy is projected to have increased to 7.4% in
2014-15 as compared with 6.9% in the fiscal year 2013-14.
During the current financial year, the countrys economy is
expected to recover and clock a growth rate of 5.5 percent. In
the first half of the current fiscal, Indias economic growth
improved to 5.5 percent as against 4.5-4.7 percent over the
past couple of years.
During the FY 2014-2015, RBI decided to cut the benchmark
rate i.e Repo rate in two stages each by 25 percent basis points
to fix it at 7.50 percent at present.
The Reserve Bank of India kept interest rates on hold at 7.50

per cent on 7th April, 2015, choosing to wait longer to assess
inflationary pressures before making its next move, and to give
banks more time to adjust lending rates to reflect previous
rate cuts.
As per the RBI analysis, over the next five and ten years, real
Gross Value Added (GVA) growth is expected at 8.0 per cent
206
+E <xx .
x E x * +M {S + n i +i {+<
pi {xx G: 5.3 |ii + 5.0 |ii x E
x * +M {S + n i +i b{+< b<x
pi G: 4.0 |ii + 3.75 |ii x E x *
and 8.25 per cent, respectively. The average CPI inflation

forecast for the next five and ten years are expected at 5.3 per
cent and 5.0 per cent, respectively.Over the next five and ten
years, WPI headline inflation is expected at 4.0 per cent and
3.75 per cent, respectively.
E{x E {Sx + GE{
Companys Operations and Affairs:
2014-15 E n x +{E E{x E Miv +vEi <x

Ij iE i - ]< +vx xnx V z Ij
l {E VM, +{i, b |M, ] , IhE
lx +n, bS/|ii, x Miv + k h
E ]M +n* +{E E{x x i V E E xi E
+x E E nOi @h +i vi {xM`x xnx
{ E Ex + E * 2014-15 E n x +{E
E{x x 29 +vE ]</]M xnx E { EB +
< 2013-14 E n x +Vi `124.53 J E V E
{I k 2014-15 `80.09 J E V +Vi E
* 31.03.2015 E {i x + `270.87 J
gE `498.01 J M<* E n x V + `70.96 J
gE `106.14 J M<*
S E B n ]Eh
During the year 2014-15, your Companys activities have been

confined mostly to TEV study assignments covering various
sectors viz packaging, hospitals, food processing, hotels,
educational institution, etc, Debenture / Security Trusteeship
activities and Vetting of Financials, etc. Your Company has
also started undertaking proposal for restructuring assignments
relating to stressed loan assets of the Banks in line with the
RBI policy. During the FY 2014-15, your Company concluded
more than 29 TEV/Vetting assignments thereby generating
revenue of ` 80.09 lacs against revenue of ` 124.53 lacs earned
during the year 2013-14. The Investment income increased to
` 498.01lacs year ended 31/03/2015 from ` 270.87 lacs.
Interest Income increased to ` 106.14 lacs from ` 70.96 lacs
during the year.
+{E E{x E |vx i{h n +B * EU xnE

u {n Uc Vx E Eh xnE E {n H B + =xE
lx { E{x E b <n E u xB xnE E xi
E M * Bx +, i{ ij xnE x 04.09.2014
E iM{j n + =xE lx { +E V E 27 S
2015 BBB E ij xnE E { xH E M
l* xB xnE E { k V B +x vi Ij E
{E +x V +x +{E E{x E +{x
E Miv iV x nn M* +H
2014 E +{ < + x< n E { H
E {nl{x E Eh k E =kv E{x E
i{h r <* +{E E{x iExE +lE i +vx,
{xM`x xnx, |VC] Ex, x, @h x Miv
+n + =Jx r Ex E | EM*
Your companys top management has undergone significant

changes. Some Directors have vacated from the office
pursuant to relinquishment of office and in their place new
directors were nominated on the Board of the Company by
Allahabad Bank.Mr. Emron Samuel, Ex-Independent Director
has resigned on 04/09/2014 and in his place Mr. Ashok Vij
was appointed as Independent Director of ABFL w.e.f 27th
March, 2015. The new Directors have vast experience in the
financial market and other related areas, which will help your
company boosting up its business growth in the periods to
come. Due to placements of professionals at Mumbai and New
Delhi office around the month of October, 2014, there is
significant growth in the business of the Company during the
2nd half of the financial year. Your company would endeavor to
achieve significant growth in terms of income from Techno
Economic Viability Studies, Restructuring assignments, Project
Appraisal, Trusteeship, Loan Syndication activities, etc.
OUTLOOK FOR THE CURRENT YEAR
DEPOSITS
+{E E{x x E< V E x E +i: 31 S 2015

E lli vx + V E E< E x *
Your Company has not accepted any deposits and as such,

no amount of principal or interest was outstanding as at March
31, 2015.
nxn E +x{x
+{E E{x x Sx] EM, bxS ]]{, C] ]]{
+ +x |V {V V vi Miv E v
u V z xn, nxn, {{j E +x{x E *
COMPLIANCE OF SEBI GUIDELINES

Your company has complied with various guidelines, directives,
circulars issued by SEBI pertaining to Merchant Banking,
Debenture Trusteeship, Security Trusteeship and other
applicable capital market related activities.
ES E h
PARTICULARS OF EMPLOYEES
E{x E E< ES E{x (ES h), x 1975 E

l {ì E{x +vx 213 E v 134 E ii x +i *
None of the employees are covered under section 134 of the

Companies Act, 2013 read with Companies (particulars of
Employees) Rules 1975.
>V E Ih, |tME, +h + n p E +Vx

B Mx
CONSERVATION OF ENERGY, TECHNOLOGY,

ABSORPTION AND FOREIGN EXCHANGE EARNINGS AND
OUTGOINGS
< E +iMi E{x E EU {] x Ex *
The company has nothing to report under this head.
207
+E <xx .
xnEMh
E `, +vI B |v xnE, <n E E 12 S,
2014 E{x E b xB +vI B xnE E { xH
E M *
].+. S, E{E xnE <n E, +vi
|{i Ex { 01 <, 2014 E{x E xnE x *
Bx + x 4 i 2014 E E{x E ij xn E
{ iM {j n n* b x E{x E xnE E {
].+. S + Bx +, u =xE EE E
n x |nk + E x E B < +J nV E*
V Ex J, E{E xnE, <n E E 7
<, 2014 BBB E b xnE E { xH E
M* +E V E 27 S, 2015 BBB E ij
xnE E { xH E M*
E{x +vx 1956, E v 274 (i) (V) E +iMi E<
xn E +M x { M *
BOARD OF DIRECTORS
Shri Rakesh Sethi, Chairman & Managing Director of Allahabad
Bank was appointed as the Chairman & Director of the
Company w.e.f. 12th March, 2014.
Shri.T. R. Chawla, Executive Director, Allahabad Bank ceased
to be Director of the Company with effect from 01st May,
2014 pursuant to his attaining superannuation.
Shri Emron Samuel,also resigned as Independent Director
of the Company w.e.f 04 th September, 2014. The Board
placed on record its appreciation for the services rendered by
Shri.T. R. Chawla and Shri Emron Samuel during their tenure
as Directors of the Company.
Shri.Jal Karan Singh Kharb, Executive Director, Allahabad
Bank was appointed as Director on the Board of ABFL w.e.f
07th May, 2014. Also Shri. Ashok Vij was appointed as an
Independent Director of ABFL on 27th March, 2015.
None of the Directors of the Company has been disqualified
under section 274(i) (g) of the Companies Act, 1956.
E{] Mxx
(B) b È
CORPORATE GOVERNANCE
201415 E n x b E S (4) ` E < + Vx b

E n x xxx M *
During the year 2014-15, four (4) Board meetings were held
and attendance of the Board Members was as under:
(a) Board Meetings:
È E J
È ={li
No. of meetings
Meetings attended
Shri K.S. Venkataraman
n / Shri Subir Das

xn E` / Shri Vinod Kothari
Bx + (04.09.2014 iM{j)
xn E /Director
E `, +vI B |v xnE /
Shri Rakesh Sethi, Chairman & Director
]. +. S, xnE (01.05.2014 iM{j) /

Shri T. R. Chawla, Director (Resigned w.e.f. 01.05.2014)
B. E] /
Shri M. Venkata Rao
E. B. E]x /
Shri Emron Samuel (Resigned w.e.f. 04.09.2014)
() J{I i :
2014-15 E + b E n E J{I i E
EB MB M`x n, +vI B Bx + il
]. +. S n l* 1 < 2014 ].+. S
u {niM EB Vx E { xnE b x ]. +.
S E lx { V. E. J E n xH Ei B
J{I i E {xM`x E* J i E EIj E{x
+vx 2013 E v 177 E +iMi *
(b) Audit Committee:

At the beginning of the year 2014-2015, Audit Committee of
the members of the Board was constituted comprising of
Shri Subir Das as Chairman, Shri Emron Samuel &
Shri T R Chawla as Members. Pursuant to the relinquishment
of office of Shri T R Chawla w.e.f 01st May, 2014, the Board of
Directors re-constituted the Audit Committee by appointing
Shri J.K.Singh Kharb as Member in place of Shri T R Chawla.
The scope of Audit Committee is as per Section 177 of the
Companies Act, 2013.
208
+E <xx .
2014-15 E n x J{I i E S (4) ` E +Vi

E M< V ={li xxx l :
xn E
During the year 2014-15, four (4) Audit Committee Meetings

were held and attendance by Audit Committee members was
as under:
/ Director
È E J
È ={li
No. of meetings
Meetings attended
n, +vI / Shri Subir Das, Chairman

Bx + (04.09.2014 iM{j) /
Shri Emron Samuel (Resigned w.e.f 04.09.2014)
]. +. S (01.05.2014 iM{j) /
Shri T. R. Chawla (Resigned w.e.f. 01.05.2014)
xn E` / Shri Vinod Kothari

V. E. J (07.05.2014 xH) /
Shri J. K. Singh Kharb (Appointed w.e.f 07.05.2014)
(.) xEx
+ {v i (E{x +vx 2013 E v

178 E +iMi)
2014-15 E + b E n E xEx + {v
i E EB MB M`x B E], +vI, n
+ xn E` n l* xEx + {v i E
EIj E{x +vx 2013 E v 178(1) + E{x (b E
È + <E H) x, 2014 E x 6 E +iMi *
(c)Nomination and Remuneration Committee (U/s 178 of

Companies Act 2013):
2014-15 E n x xEx + {v i E BE (1)

` E +Vi E M< V ={li xxx l :
During the year 2014-15, one (1) Nomination and

Remuneration Committee Meeting were held and attendance
by Nomination and Remuneration Committee members was
as under:
xn E
At the beginning of the year 2014-15, Nomination and

Remuneration Committee of the members of the Board
was constituted comprising of Shri M.V. Rao, Chairman,
Shri Subir Das & Shri Vinod Kothari as Members. The scope
of Audit Committee is as per Section 178(1) of the Companies
Act, 2013 and Rule 6 of the Companies (Meetings of Board
and its Powers) Rules, 2014.
/ Director
È E J
È ={li
No. of meetings
Meetings attended
B. , +vI
Shri M.V Rao, Chairman
n
Shri Subir Das
xn E` /
Shri Vinod Kothari
xnE E ni E h
DIRECTORS RESPONSIBILITY STATEMENT
E{x +vx, 2013 E v 134 E +{Ix xnE ni

h E v Binu {] E Vi E:
Pursuant to the requirement under Section 134 of the

Companies Act, 2013 with respect to Directors Responsibility
Statement, it is hereby confirmed that:
B)
31 S 2015 E {i k E E J E i
Sx, n E< , v Si {]Eh E l M
J xE E {x E M *
a)
xnE x B J xi E Sx B <x Mi {
M E B xh |CEx EB V HMi B
E{h V Ivx i E{x E B
x{I ZE B < +v E n x +{E E{x E
+l x E li |ii E V E*
b) The Directors had selected such accounting policies and

applied them consistently and made judgments and
estimates that are reasonable and prudent so as to give a
true and fair view of the state of affairs of the company at
the end of the financial year and of the profit or loss of the
Company for the year under review.
209
In the preparation of the annual accounts for the financial

year ended 31st March, 2015, the applicable accounting
standards had been followed along with proper explanation
relating to departures, if any.
+E <xx .
) xnE x vJvc B +x +xii+ E E x B

=xE {i Mx E B il E{x E +i E Ii
Ex i E{x +vx, 1956 E |vx E +x {{i
J +J E JJ i Si B {{i vx J
*
c)
b) xnE x 31 S 2015 E {i i + ii
|i` x +v { E J i EB *
d) The Directors had prepared the accounts for the financial

year ended 31st March 2015 on a going concern basis.
<) xnE x E{x u +x{x EB Vx i +iE k

xjh M EB l + B +iE k xjh {{i l
+ | fM {Si EB MB l*
e) The Directors had laid down internal financial controls to

be followed by the company and that such internal financial
controls are adequate and were operating effectively.
B) xnE x |V Exx E ={v E +x{x xSi

Ex i Si |h i E l + B |h
{{i l + | fM {Si EB MB l*
f)
|J |vE EE E v
REGARDING KEY MANAGERIAL PERSONNEL
E n x E{x x xxJi E E{x E |J |vE

EE E { xH/xq] E :
During the year the Company has appointed/designated the

following as the Key Managerial Personnel of the Company
B. +M J E{E +vE E {
Mr. M Arumugam as the Chief Executive Officer
+V E J k +vE E {
Mr. Ajai Kumar as the Chief Financial Officer
+x E +]] < |Vb] E {
Mr. Anil Kale as the Assistant Vice President
E.B. x +]] < |Vb] E {
Mr. K.S.Shenoy as the Assistant Vice President
i i E{x S E {
Mrs. Melvita Lewis as the Company Secretary
+iE xjh |h + {{ii
INTERNAL CONTROL SYSTEM AND ADEQUANCY
E{x E +E, x + <E {Sx E V]i E +x{

E{x E +iE xjh |h * E{x x +iE xjh
|h E nIi + {{ii il E{x J |G + xi
E x]M + Ex Ex i . B.. nx Bb E. E
+iE J{IE E { xH E * +{x xì
+ iji xB Jx i +iE J{IE +{x {]
+vE +v { |ii EM V b E J{I i E
+vI E |ii E VBM*
The Company has an Internal Control System commensurate

with the size, scale and complexity of its operations. The
Company has appointed M/s M.V Damania& Co as the Internal
Auditor to monitor and evaluate the efficiency and adequacy
of the internal control system and the accounting procedure
and policies in the Company. To maintain its objectivity and
independence, the Internal Auditors shall submit its report on
half yearly basis which shall be placed before the Chairman of
Audit Committee of the Board.
ij xnE u Ph
DECLARATION BY INDEPENDENT DIRECTOR
E{x E ij xnE x v 146(6) E +iMi +{x HMi

PhB E n *
The Independent Director of the Company has given their

individual declarations under section 149 (6).
v 186 + 188 E +iMi h
PARTICULARS UNDER SECTION 186 &188
B E< xnx x E M V E{x +vx 2013 E

v 186 + 188 E +iMi |E] E Vx *
There are no transaction to be disclosed under section 186

and 188 of the Companies Act, 2013.
{i P]xB
SUBSEQUENT EVENTS
31 S 2015 + {] E iJ E S E{x E k li
E |i Ex E< iiE {ix + |iriB x E
M<*
There are no material changes and commitments affecting

the financial position of the company which have occurred
between March 31, 2015 and the date of the report
210
The Directors had taken proper and sufficient care for the
maintenance of adequate accounting records in
accordance with the provisions of the Companies Act, 1956
for safeguarding the assets of the Company and for
preventing and detecting fraud and other irregularities.
The Directors had devised proper systems to ensure

compliance with the provisions of all applicable laws and
that such systems were adequate and operating effectively.
+E <xx .
J{IE
AUDITORS
vE J{IE
Statutory Auditors
E{x +vx, 2013 E v 129(4) E l {ì v 139 E

={v E{x { M x E Eh i E xjE B J{IE,
x< n x 2014-15 i . B.{. S]V Bb E{x, xn
JE E E{x E vE J{IE xH E *
The provisions of Section 139 read with Section 129(4) of the

Companies Act, 2013 being applicable to the Company, the
Comptroller and Auditor General of India, New Delhi had
appointed M/s. S.P. Chatterjee & Co, Chartered Accountants
as Statutory Auditors of the Company for the year 2014-15.
+iE J{IE
Internal Auditor
E{x +vx, 2013 E v 138 E +xh , xnE b

E +xnx { . .B. nx Bb E. E E{x E +iE
J{IE E { xH E M *
Pursuant to Section 138 of the Companies Act, 2013, on

approval of the Board of Directors, M/s M.V Damania& Co are
appointed as Internal Auditor for the Company.
J{IE E {] { |vx E =k
MANAGEMENTS REPLY TO THE AUDITORS REPORT
+{x J{I E n x J{IE u E< xn] ]{{h

x E M<*
The Auditors made no specific qualification during the course

of their audit.
E ]x E
EXTRACT ON ANNUAL RETURN
E ]x E E + E { h BV] 9 *
The details forming part of the extract of the Annual Return is

in form MGT 9.
ACKNOWLEDGEMENTS
+{E xnE, i E xjE B J{IE u nB MB

Mnx i =xE |i +{x + H Ei *
Your Directors wish to place on record their gratitude to the

Comptroller and Auditor General of India for their valuable
guidance.
+{E xnE E{x E E +li <n E - {

|{i i lx B Mnx i <E |i vxn Y{i
Ex Si + E{x E ES u nB MB Mnx B
EB MB | i =xE |i + |E] Ei *
Your Directors also wish to place on record their sincere thanks

to the Bankers viz, Allahabad Bank for their assistance, support
and guidance from time to time and also thankfully
acknowledge contributions made and efforts put in by
companys employees.
xnE b E B B E +
For on and behalf of the Board of Directors
(E. B. E]x)
xnE
(E `)
+vI
(K. S. Venkataraman)
Director
211
(Rakesh Sethi)
Chairman
+E <xx .
J{IE E ij {]
Independent Auditors Report
nMh +E <xx ]b,
TO THE MEMBERS OF ALLBANK FINANCE LIMITED
k h { {]
Report on the Financial Statements
x + E <x . (E{x) E k h E J{I

E V 31S, 2015 E lli ix{j, = E
{i +v i -x J h il xEn | h B
i{h J xi E il +x JiE Sx ]
*
We have audited the accompanying financial statements of

AllBank Finance Limited (the Company), which comprise the
Balance Sheet as at March 31,2015, and the Statement of
Profit and Loss and Cash Flow Statement for the year then
ended, and a summary of significant accounting .policies and.
other explanatory information.
k h i |vx E ni
Managements Responsibility for the Financial Statements
E{x E xnE b <x k h E i Ex E

xv E{x +vx, 2013 (+vx) E v 134 (5)
Eli E =kn iE E{xV (J) x,
2014 (lvi) E x 7 E l {ì, +vx E v
133 E +xiMi xvi J xE i i xi:
Ei J ri E +x E{x E k li, k
Ex{nx B E{x E xEn | E + =Si li
|ii E V E* < ni E{x E +i E I Ex
i +vx E |vx E +xh vJvc B +x +xii+
E {i Mx B E x, lSi J xi E Sx B |M,
lSi B E{h +Ex il xh, {{i +iE k
xjh i Ex, Exx B JJ, V k h E
|ii B i Mi J +J E ri B {hi
xSi Ex i | { {Si l, i, {{i J
Eb E JJ, Ex V i{h l h,
vJvc +l SE E Eh, H *
The Companys Board of Directors is responsible for the

matters stated in Section 134(5) of the Companies Act, 2013
(the Act) with respect to the preparation of these financial
statements, that give a true and fair view of the financial
position, financial performance and cash flows of the Company
in accordance with the accounting principles generally
accepted in India, including the Accounting Standards specified
under Section 133 of the Act, read with Rule 7 of the
Companies(Accounts) Rules, 2014 (as amended). This
responsibility also includes maintenance of adequate
accounting records in accordance with the provisions of the
Act for safeguarding the assets of the Company and for
preventing and detecting frauds and other irregularities;
selection and application of appropriate accounting policies;
making judgments and estimates that are reasonable and
prudent; and design, implementation and maintenance of
adequate internal financial controls, that were operating
effectively for ensuring the accuracy and completeness of the
accounting records, relevant to the preparation and
presentation of the financial statements that give a true and
fair view and are free from material misstatement, whether
due to fraud or error.
J{IE E ni
ni J{I { +vi <x k h {

+{x nx *
Our responsibility is to express an opinion on these financial

statements based on our audit.
x +vx E |vx, J B J {Ix xE il =x

,+vx il =E +xiMi x M x B|vx
E +xiMi J {Ih Ex E +{I , E vx J
*
We have taken into account the provisions of the Act, the

accounting and auditing standards and matters which are
required to be included in the audit report under the provisions
of the Act and the Rules made there under
x +{x J{I +vx E v 143(10) E +iMi xvi

J{I xE E +x E * =x xE +{Ii E
xi{E +{I+ E +x{x E + Vx x E J{I
E x{ni E V Si +x |{i E C Ei
k h i{h l h H *
We conducted our audit in accordance with the Standards on

Auditing specified under Section 143(10) of the Act. Those
Standards require that we comply with ethical requirements
and plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free from material
misstatement.
E J{I E J{I I|{i Ex E

|G x{ni E Vi + B k h |E]Eh
E Vi * Sx Vx |G J{IE E xh {
vi i V k h i{h l h E
VJ E xvh, E{] +l SE E Eh, i * <x
VJ E xvh Ex J{IE E{x E i +
An audit involves performing procedures to obtain audit

evidence about the amounts and the disclosures in the financial
statements. The procedures selected depend on the auditors
judgment, including the assessment of the risks of material
misstatement of the financial statements, whether due to fraud
or error. In making those risk assessments, the auditor
considers internal financial controls relevant to the Companys
212
+E <xx .
{li E +x Si J{I v E {J i
Ex i k h E {] |iiEh |ME +iE
xjh { Si S Ei , {i +i nx E |Vxl
x* k {]M E v E{x E {{i +iE xjh
|h + B xjh EM fM {Si * J{I
|M < M< J xi E ={Hi B E{x E xnE
u EB MB J |CEx E Sii E l l k
h E Oi& |iiEh E Ex i *
preparation of the financial statements that give a true and

fair view in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of
expressing an opinion on whether the Company has in place
an adequate internal financial controls system over financial
reporting and the operating effectiveness of such controls. An
audit also includes evaluating the appropriateness of the
accounting policies used and the reasonableness of the
accounting estimates made by the Companys Directors, as
well as evaluating the overall presentation of the financial
statements.
E u |{i J{I I k h
{ J{I |nx Ex i {{i B Si +v
|nx Ei *
We believe that the audit evidence we have obtained is

sufficient and appropriate to provide a basis for our audit
opinion on the financial statements.
+i
Opinion
il k VxE + nB MB {]Eh
E +x k h i xi: Ei J ri E
+x{ il +vx u +{Ii Sx+ E + x{I
li |ii Ei :
In our opinion and to the best of our information and according

to the explanations given to us, the financial statements give
the information required by the Act in the manner so required
and give a true and fair view in conformity with the accounting
principles generally accepted in India:
(B) ix-{j E , 31 S 2015 E E{x E li;
(a) In the case of the Balance Sheet, of the state of affairs of

the Company as at March 31, 2015;
() -x h E , = iJ E {i i
E{x E ; il
(b) In the case of the Statement of Profit and Loss, of the profit
for the year ended on that date;
() xEn | h E , = iJ E {i i
xEn |*
(c) In the case of the Cash Flow Statement of the cash flows
for the year ended on that date.
+x vE B xE +{I+ v {]
1. +vx E v 143 (11) E +x i E Exp E

u V E{xV (J {I {]) +n, 2015
(+n) E +{I+x =H +n E { 3 + 4
xn] E v +xv h ni *
2. +vx E v 143(3) E +{I E +x {] Ei
E
1. As required by the Companies (Auditors Report) Order,

2015 (the Order) issued by the Central Government of
India in terms of Section 143(11) of the Act, we give in the
Annexure a statement on the matters specified in
paragraphs 3 and 4 of the Order.
2. As required by Section143 (3) of the Act, we report that:
(B)
x SxB B {]Eh ff + |{i EB

V k VxE B E +x
J{I E |Vxl +E l*
a. We have sought and obtained all the information and

explanations which to the best of our knowledge and
belief were necessary for the purpose of our audit;
()
, V iE x =x E VS E ,
= |ii i E E{x x v u +{Ii J
E Si { J *
b. In our opinion, proper books of account as required by

law have been kept by the Company so far as it appears
from our examination of those books.
()
< {] u E M k h J
E E E +x *
c. The financial statements dealt with by this report are in

agreement with the books of account.
(b)
{H BE k h +vx E
v 133 ,E{xV (J) x, 2014 (lvi)
E x 7 E l {ì E +xiMi +vSi JMi
xnb E +x{x Ei *
d. In our opinion, the aforesaid standalone financial

statements comply with the Accounting Standards
specified under Section 133 of the Act, read with Rule
7 of the Companies (Accounts) Rules, 2014 (as
amended);
213
+E <xx .
(<)
31S 2015 E lli xnE |{i Ji

+nx E +v { + xnE b E +J
E +x 31 S 2015 E lli E< xnE
+vx E v 164 (2) E +x xnE E {
xH x E +M x { M *
e. On the basis of the written representations received

from the directors as on 31 March 2015 and taken on
record by the Board of Directors, none of the directors
is disqualified as on 31 March 2015 from being
appointed as a director in terms of Section164(2) of
the Act;
(B) E{xV (J{I B J{IE ) x, 2014 E

x 11 E +x{ J{IE {] x
+x E xv , B k
Sx B {]Eh E +x
i.
ii.
iii.
f.
k h E x] 2.21 () B ()
hi +x, E{x x i En E |
+{x k li { |E] x E *
i.
b] n VE E< iE {
Ii l, i E{x E { E< nPEE
n x *
lx : EEi
nxE : 21.04.2015
The Company has not disclosed the impact of

pending litigations on its financial position, as
detailed in Note 2.21(b) and (c) to the financial
statements.
ii. The Company did not have any long-term contracts

including derivative contracts for which there were
any material foreseeable losses.
E{x u xE I B Ih xv E
+ii E Vx E +ii Ex
E< x E M*
Ei B E +
B.{. S]V Bb E{x
xn JE
{VEh J 303081E
.Bx.S]]{v
{]x
ni J 053879
With respect to the other matters to be included in the

Auditors Report in accordance with Rule 11 of the
Companies (Audit and Auditors) Rules, 2014, in our
opinion and to the best of our information and according
to the explanations given to us:
iii. There has been no delay in transferring amounts,

required to be transferred, to the Investor Education
and Protection Fund by the Company
For and on behalf of

S. P. Chatterjee & Co.
Firms Registration No.: 303081E
Place : Kolkata
Date : 21.04.2015
214
C. N. Chattopadhyay
Partner
Membership No.: 053879
+E <xx .
31 S 2015 E {i i k h { +E
<xx ]b E n E x il E J{IE E
ij {] E +xv
E{x E k h { BE B {n {]M E =q
i x{ni J {I |G+ { +vi il n M<
Sx+ B {]Eh E vx JE + J {I E
x |G J il +x +J u E M<
VS E xv {] Ei E
Annexure to the Independent Auditors Report of even date

to the members of AllBank Finance Limited, on the
financial statements for the year ended 31st March 2015.
(B) E{x x jiE h B +S +i E li

i { nJx E B Si Eb E JJ
E *
() E n x |vx u +S +i E iE {
i{x E M + < i{x E< iE Mi
x { M * , E{x E +E il <E
+i E |Ei E vx JE +S +i E
i{x E +i {{i * J < xv
Si { h n M *
(i) (a) The Company has maintained proper records

showing full particulars, including quantitative details
and situation of fixed assets.
(ii)
E{x E E |Ei E +x x E S x *
inx +n E Jhb 3 (ii) E |vx |V x *
(ii)
The Company does not have any inventory.

Accordingly, the provisions of clause 3(ii) of the Order
are not applicable.
(iii)
E{x x +vx, E v 189 E +iMi +xIi V]

E E{x, |i` x {] E E< |ii
+|ii @h x n * inx, +n E Jhb 3 (iii)
(B) il 3 (iii) () E |vx |V x *
(iii)
The Company has not granted any loan, secured or

unsecured to companies, firms or other parties
covered in the register maintained under Section 189
of the Act. Accordingly, the provisions of clauses
3(iii)(a) and 3(iii)(b) of the Order are not applicable.
(iv)
il E{x E +E il l +i E Jn
+ |nx Ex E <E E { E +x
{{i +iE xjh |h * x J{I E n x
+iE xjh <x Ij E v c J E<
x { *
(iv)
In our opinion, there is an adequate internal control

system commensurate with the size of the Company
and the nature of its business for the purchase of
fixed assets and for the sale of goods and services.
During the course of our audit, no major weakness
has been noticed in the internal control system in
respect of these areas.
(v)
+vx E v 73 76 il E{xV (V E
Ei), x, 2014 (l vi) E ii{ E +xiMi
E{x x E< V E x E * inx, +n E
Jhb 3(v) E |vx |V x *
(v)
The Company has not accepted any deposits within

the meaning of Sections 73 to 76 of the Act and the
Companies (Acceptance of Deposits) Rules, 2014 (as
amended) . Accordingly, the provisions of clause 3(v)
of the Order are not applicable.
(vi)
k VxE B E +x, E{x E =i{n/

+ E xv , +vx E v 148 E ={v (1) E
+xiMi Exp E x Mi +J E J-J xvi
x E * inx, +n E Jhb 3(vi) E |vx |V
x *
(vi)
To the best of our knowledge and belief, the Central

Government has not specified maintenance of cost
records under sub-section (1) of Section 148 of the
Act, in respect of Companys products/ services2 .
Accordingly, the provisions of clause 3(vi) of the Order
are not applicable.
(i)
(vii) (B)
E{x xv, ES V , + E, G
E, {k E, E, E, =i{n E,
ri E, ={ E il +x |J M-ni vE
niB, l |V, E Si |vE E V
Ex E xi * <E l , E +i
<x vi E< +ni n <E n x E
il U +vE +v iE i x *
Based on the audit procedures performed for the purpose of

reporting a true and fair view on the financial statements of
the Company and taking into consideration the information
and explanations given to us and the books of account and
other records examined by us in the normal course of audit,
we report that:
(b) The fixed assets have been physically verified by the

management during the year and no material
discrepancies were noticed on such verification. In
our opinion, the frequency of verification of the fixed
assets is reasonable having regard to the size of the
Company and the nature of its assets. These have
been properly dealt with in the books of account. In
our opinion, the frequency of verification of fixed
assets is reasonable having regard to the size of the
Company and the nature of its assets.
(vii) (a) The Company is regular in depositing undisputed

statutory dues including provident fund, employees
state insurance, income-tax, sales-tax, wealth tax,
service tax, duty of customs, duty of excise, value
added tax, cess and other material statutory dues,
as applicable, with the appropriate authorities.
Further, no undisputed amounts payable in respect
thereof were outstanding at the year-end for a period
of more than six months from the date they become
payable.
215
+E <xx .
() E n E Eh + E, G E, {k E,
E, E, =i{n E, ri E, ={
E E E n xxx :
v E x
n E {
Name of the statute
Nature of dues
+E +vx, 1961
+E xvh
Income Tax Act, 1961 Income Tax
+E +vx, 1961
+E +vx, 1961
v |nk
vi E +v
E S {
n i
Amount
(`)
Amount Paid
Under Protest (`)
Period to which the

amount relates
Forum where
dispute is
pending
85,74,000
+E xvh
{ Vi
xvh 2003-04
Adjusted with refund
Assessment Year 2003-04
=SS x
High Court
{ Vi
xvh 2008-09
+<] (+{)
8,86,627
Adjusted with refund
CIT (Appeals)
xvh 2009-10
+<] (+{)
8,60,609
Nil
CIT (Appeals)
+E xvh
(b) The dues outstanding in respect of income-tax, salestax, wealth tax, service tax, duty of customs, duty of
excise, value added tax and cess on account of any
dispute, are as follows:
() E{x u xE I B I xv E
+ii E Vx +{Ii x l*
(c) There were no amounts which were required to

be transferred to the Investor Education and
Protection Fund by the Company.
(viii)
, E +i E{x E { E< Si x
x + <x S B < È { k E<
xEn x x =`< *
(viii)
In our opinion, the Company has no accumulated

losses at the end of the financial year and it has
not incurred cash losses in the current and the
immediately preceding financial year.
(ix)
E{x x E n x E k lx
E E bS vE E E E SEx E<
SE x E *
(ix)
In our opinion, the Company has not defaulted in

repayment of dues to any financial institution or a
bank or to debenture-holders during the year.
(x)
E{x x n u E k l+ B MB
@h i E< M] x n * inx, +n E Jb 3
(x) E |vx |V x *
(x)
The Company has not given any guarantees for

loans taken by others from banks or financial
institutions. Accordingly, the provisions of clause
3(x) of the Order are not applicable.
(xi)
E n x E{x E { E< n @h E x
* inx, +n E Jb 3 (x) E |vx |V x
*
(xi)
The Company did not have any term loans

outstanding during the year. Accordingly, the
provisions of clause 3(xi) of the Order are not
applicable.
(xii)
J{I u +v E n x E{x
E{x E E |E E vJvc E VxE x
*
(xii)
No fraud on or by the Company has been noticed or

reported during the period covered by our audit.
Ei B.{. S]V Bb E{x

xn JE
{VEh J 303081E
lx : EEi
nxE : 21.04.2015
For, S. P. Chatterjee & Co.

Firms Registration No.: 303081E
.Bx.S]]{v
{]x
ni J 053879
Place : Kolkata
Date : 21.04.2015
216
C. N. Chattopadhyay
Partner
Membership No.: 053879
+E <xx ]b
31 S, 2015 E lli ix {j
BALANCE SHEET AS AT 31st March, 2015
h / Particulars
x] ./ Note No
31S/Mar15
2.1
2.2
150,000,000
448,553,289
150,000,000
425,839,921
598,553,289
575,839,921
2.3
2.4
1,414,446
1,414,446
1,415,266
1,415,266
2.5
2.6
2.7
329,163
1,507,026
50,923,220
52,759,409
652,727,144
3,242,308
2,640,503
40,229,607
46,112,418
623,367,605
902,101
32,794
934,895
1,387,975
2,310
1,390,285
2.9
2.10
29,050,064
252,265
29,302,329
251,850,314
220,733
252,071,047
2.11
2.12
2.13
2.14
2.15
318,993,500
3,223,733
197,099,538
94,919,308
8,253,842
622,489,921
652,727,144
173,874,799
3,907,835
79,113,327
106,608,720
6,401,592
369,906,273
623,367,605
<C] + niB / EQUITY AND LIABILITIES

vE E xv / Shareholders funds
{V / Share capital
|Ii B +v / Reserves and surplus
+]x x iE +nx vx /
Share application money pending allotment
M-S niB
(`)
31
S/Mar14
(`)
/ Non-current liabilities
+lMi E niB(x) / Deferred tax liabilities (net)

nPv |vx / Long term provisions
+x nPv niB / Other Long term liabilities
S niB / Current liabilities
{ n / Trade payables
+x S niB / Other current liabilities
+{v |vx / Short term provisions
+i / ASSETS
M-S +i / Non-current assets
+S +i / Fixed assets
i +i / Tangible assets
2.8
+i +i / Intangible assets
{V Mi E |Mi { / Capital Work in Progress
M-S x / Non Current Investments
nPv @h B +O / Long term loans and advances
+x M-S +i / Other non-current assets
S +i / Current assets
S x / Current Investment
{ |{ / Trade receivables
xEn + xEn i / Cash and cash equivalents
+{v @h B +O / Short-term loans and advances
+x S +i / Other current assets
il E {] E +x
b E B B E +
As per our report of even date
Ei B.{. S]V Bb E
For and on behalf of the Board
For S. P. Chatterjee & Co.
xn JE
{VEh J /
Firm's Registration Number : 303081E
. Bx. S]V / C. N. Chatterjee

{]x / Partner
m=g;t mkgt / Membership No.053879
EEi, 21 +|, 2015 /
Kolkata, 21st April, 2015
E ` / Rakesh Sethi
+vI / Chairman
b+<Bx / DIN: 02420709
V. E. J / J.K.Singh Kharb
xnE / Director
b+<Bx / DIN: 06965688
n / Subir Das
xnE / Director
b+<Bx / DIN: 00199255
B. +M / M.Arumugam
<+ / CEO
+V E / Ajai Kumar
B+ / CFO
i / Melvita Lewis
E{x S / Company Secretary
217
+E <xx ]b
31 S, 2015 E {i i x h
Profit and Loss Statement for the year ended March 31st, 2015
x] .
h
Particulars
B/A. ii {Sx/Continuing operations

V/Revenue
{Sx V / Revenue from operations
+x + / Other Income
E V /Total Revenue
JS / Expenses
ES JS / Employee benefit expense
B {vx /
E
31.03.2015
Note No.
Depreciation and amortization expense

+x JS / Other expenses
JS / Total Expenses
E { /Profit before tax

E /Tax expense
S E/Current tax
Mi /Earlier Years
ii {Sx (E {Si)/
E {i
31.03.2014
E {i
Year ended
Year ended
31.03.2015
31.03.2014
(`)
(`)
2.16
2.17
17,459,102
65,310,422
82,769,524
21,127,381
34,303,789
55,431,170
2.18
6,621,345
5,733,349
2.8
2.19
201,357
5,040,637
11,863,339
153,686
4,573,965
10,461,000
70,906,186
44,970,170
17,700,000
7,769,000
30,164,829
217,352
23,041,357
36,983,818
2.20
Profit from continuing operations (after tax)
/B. {i {Sx/Discontinuing operations

{i {Sx /Profit from discontinuing operations
{i {Sx { E /Tax expenses on discontinuing operations
23,041,357
36,983,818
15.36
24.66
15.36
24.66
{i {Sx (E {Si)/
Profit from discontinuing operations (after tax)
/C. +v i /Profit for the period

|i <C] +Vx: (` )/Earning per equity share: (in `)
/Basic
b<]b/Diluted
il E {] E +x
b E B B E +
Ei B.{. S]V Bb E
xn JE
{VEh J /

{]x / Partner
EEi, 21 +|, 2015 /
E ` / Rakesh Sethi
+vI / Chairman
b+<Bx / DIN: 02420709
xnE / Director
b+<Bx / DIN: 06965688
n / Subir Das
xnE / Director
b+<Bx / DIN: 00199255
B. +M / M.Arumugam
<+ / CEO
+V E / Ajai Kumar
B+ / CFO
i / Melvita Lewis
218
+E <xx .
x] 1
NOTE 1
i{h J xi
1.1
Significant Accounting Policies:
k h i Ex E +v
1.1 Basis of preparation of Financial Statements
k h E J xE + E{x +vx, 2013 E

Mi |vx E +x i EB Vi + {{Mi Mi
{{] { +vi * J xi, V iE +xl xn] x
, +xE + xi: Ei J ri E +x{ * n
+ |{ iE x MB + + E J, V iE
+xl xn] x , ={Si +v { E M *
1.2
|CEx E |M
The financial statements are prepared in accordance with

applicable accounting standards and relevant provisions of
the Companies Act, 2013 and are based on the historical cost
conventions. Accounting policies unless specifically stated to
be otherwise, are consistent and are in consonance with
generally accepted accounting principles. All expenses and
income to the extent considered payable and receivable ,
unless stated otherwise, have been accounted for on accrual
basis.
1.2 Use of Estimates
k h i Ex i |vx E B +xx + |CEx

E +Ei i V {] E M< +i B ni+ E
E + ix {j E iJ E +EE ni+ il +i
+ E n x {] E M< + + E vi
|E]Eh E |i Ei *
The preparation of financial statements require management

to make estimates and assumptions that affect the reported
amount of assets and liabilities and disclosures relating to
contingent liabilities and assets as at the Balance Sheet date
and the reported amounts of income and expenses during the
year.
+EEi+ E i nV E Vi V < i E x
E ni ={Mi M + = E Si |CEx E V
Ei * V {h Yi/i i = iE
{h + |CEx E +i E +Yi E Vi *
Contingencies are recorded when it is probable that a liability

will be incurred and the amounts can reasonably be estimated.
Differences between the actual results and estimates are
recognized in the year in which the results are known /
materialized.
1.3
V +Yx
1.3 Revenue Recognition
(i)
{]] k{h
1.4.2001 E <E {Si x J +v E
n x i {]] E +i E v V { J xE
19(BB-19) M +* S E E{x x 1.4.2001 E +l
<E {Si E< V Ei x E , +i: BB-19
E{x { |V x *
i V E u Pi E {h xnb E +iMi
V Vb +i +x{V +i (Bx{B) E {
MEi V EB { S x E M *
(i) Lease Finance

The Accounting Standard 19 (AS19) on Leases came
into effect in respect of all assets leased during accounting
periods commencing on or after 1.4.2001. Since the
Company has not sanctioned any lease on or after
1.4.2001, the AS19 is not applicable to the Company.
Lease Rentals are not considered where Leased Assets
have been classified as Non Performing Assets (NPA)
under the Prudential Norms announced by Reserve Bank
of India.
il{, E{x x E 2005 h-* S] E E {

{VEi E l il S E E{x + E< BS{ B VM
E x E , +iB =x M EM k E{x
E { +{x < { E n *
V + E +Yx E il |V n E +v
{ M x Vx E E iE
+x{i +v { E Vi *
+ E i +Yi E Vi V <E |{i E
+vE l{i Vi *
+S +i
(ii) Interest income is recognized on a time proportion basis

depending upon the amount outstanding and the rate
applicable and to the extent considered realizable.
E{x u l{x { EB MB i +S +i E
{V Eh Mi { i *
Fixed Assets are capitalized at cost inclusive of installation

expenses as incurred by the Company.
{]] { M< +i
G E M< B {]] { n M< +i E {V Eh l{x Mi
B l{x { E Vi *
1.5 Leased Assets
(ii)
(iii)
1.4
1.5
However, the Company had registered itself as a Category

I Merchant Banker in the year 2005 and had surrendered
NBFC license since it discontinued HP and Leasing
business.
(iii) Income on account of dividend is recognized when the

right to receive is established.
1.4 Fixed Assets
Assets purchased and given on lease are capitalized on

installation at cost and installation expenses.
219
+E <xx .
V { n M< +i E + +x +i
1.6 Depreciation
1.6
(i)
(i)
E{x +vx 2013 E +xS II xvi {ri E +x

+i E ={M +v E +v { E |vx E
Vi *
+i +i E {S E +v +l n ={M +v {S
E i +{IEi E +v v J |h
{vi E Vi *
(ii) {]] { n M< +i:
i xn JE lx u V BE=]M VV
v Mn x] E +x V { n M< +i {
E |vx E Vi *
l +i (+x{V +i E { MEi {Êi
+i E Uc E) { E{x +vx, 2013 xvi
{ri E +x E M *
1.7
Assets other than given on Lease:
Depreciation is provided as per the method prescribed in

Schedule II of the Companies Act 2013 on the basis of useful
life of the assets.
Intangible Assets are amortised over a period of five years or
in lesser period if useful life is lower than five years on straight
line basis.
(ii)
Assets given on Lease:
Depreciation on Leased Assets is provided as per the Guidance

Note on Accounting for Leases issued by the Institute of
Chartered Accountants of India.
Depreciation on all the fixed assets (excluding Leased Assets
classified as Non Performing Assets) has been provided as
per method prescribed in the Companies Act, 2013.
1.7 Investment
nP +v x E xvh Mi { E Vi * E
{i { x E i |vx B x E
E x n l { E , { E Vi *
Long Term Investments are valued at cost. Provision for

diminution in value of investment is made for decrease in value
of such investments if permanent in nature as at the end of
the year.
ix x E Ex xxi Mi B V { E
Vi *
V x Sr E M {xi nn E n M
+ V E]x ={v x il x E S xE n
M , B |iE E{x x E `1 M *
Current Investments are valued at the lower of cost and market

value.
x (|ii xnx v +{v E Sh) +vx,

1992 E +iMi Mì x, < E +nx,
. .. n< Ji E x{]x +Vi E <
|E +Vi E Mi E B xh { . .. n<
E x { M * < x E nPv x
x M *
In the case of shares acquired in settlement of M/s V B Desai

A/c pursuant to the Order of The Special Court, Mumbai,
constituted under The Special Courts (Trial of Offences relating
to Transactions in Securities) Act, 1992, the cost of acquisition
of the Shares so acquired have been taken at the net amount
due from M/s V B Desai, prior to such ruling. This investment
has been considered as Long Term Investment.
1.8
E{h xnb
1.8 Prudential Norms
t{ E{x E Jn x Ei, il{, V E

|V , + +Yx, +i MEh B |vx i M EM
k E{x i E{h xnb E v i V E
u V xn E +x{x E M *
1.9
v nxn
Although the Company is not doing Hire Purchase and Leasing

business yet the Directions issued by the Reserve Bank of
India regarding prudential norms for Non-Banking Financial
Companies for income recognition, asset classification and
provisions have been followed, wherever found applicable.
1.9 Sundry Debtors
n/|{ V S] EM, ]]{ +n E Eh E

{i { + |{i x , E v nxn Ji x bi
B vi +/+i Ji V E Vi *
1.10
In cases where Investments are listed but suspended and

market quotations are not available and where investments
are delisted, the value of the investment in each of such
company has been taken at ` 1/-.
+x{V +i i |vx
Amount due/ receivable but yet to be received at the end of

the year on account of Merchant banking, trusteeship etc. are
debited to Sundry Debtors Account and credited to respective
income/ assets account.
1.10 Provision for Non Performing Assets
E Jn, V +n 12 +vE Ei n x E
+ +i E{] V 6 +vE +v i V
n i i +i +x{V x Vi + Ji E< +
x x Vi *
In case of Installments due for more than 12 months from Hire

Purchase, Lease, etc and in case of interest remained due for
more than 6 months from Inter Corporate Deposit, the asset is
treated as Non Performing Assets and no income is considered
in the accounts.
220
+E <xx .
B x Ji x bE +x{V +i i |vx
E Vi *
1.11 +i E Ii x
Provision for a Non-Performing Asset is made by debiting Profit

& Loss Account.
E +i E i Ii x Vi V = +i E Jx E
Mi M +vE Vi * V +i E
Ii E { +xvi E Vi = Ii x E
B x J |i E Vi * n +xxi
M {ix M i { J +v +Yi
Ii x E |iii E Vi *
1.12 ES
An asset is treated as impaired when the carrying cost of assets

exceeds its recoverable value. An impairment loss is charged
to profit and loss account in the year in which an asset is
identified as impaired. The impairment loss recognized in prior
accounting periods is reversed if there has been a change in
the estimate of recoverable amount.
={Si ES ES u |nx E M< i

* xvi +nx Vx+ l xv +nx E +Yx
+nx nx { E Vi *
Employee benefits accrued in the year are for services

rendered by the employees. Contribution to defined
contribution schemes such as Provident fund is recognized
as and when incurred.
{i Vx V OS] + U^ xEnEh E +iMi

nP EE ES EE iExE E |M EE n
E ix { E {i { xvi E Vi *
Long term employee benefits under defined benefits scheme

such as gratuity and leave encashment are determined at close
of the year at present value of the amount payable using
actuarial techniques.
1.13
+ { E
1.12 Employee Benefits
1.13 Taxes on Income
S + +lMi E nx i E E |vx E Vi * S
E E |vx |V E n + E Exx E |M Ei B
EM + { E Vi * +i E Eh =i{z
+lMi E +i + niB, Vx {i +v |iii
E V Ei , E +Yx +vxi { +vxi
E n + E Exx E |M Ei B E Vi * +lMi
E E i iE +Yi x E Vi V iE <E
|iix E v {{i +x x *
1.14
1.11 Impairment of Assets
|vx, +EEiB + +EE +i
Provision for tax is made for both current and deferred tax.
Current Tax is provided on the taxable income using the
applicable tax rates and tax laws. Deferred tax assets and
liabilities arising on account of timing difference which are
capable of reversal in subsequent periods are recognized using
tax rates and tax laws which have been enacted or
substantively enacted. Deferred tax assets are not recognized
unless there is sufficient assurance with respect to the reversal
of the same in the future years.
1.14 Provisions , Contingencies and Contingent Assets
{x {{i { EB MB |CEx |vx E i

+Yi E Vi V {U E P]x E B ix
ni xi + < i E x E vx E Mx
M il ni E E v BE x +xx M
V Ei * +EE +i E k h x i +Yi
E Vi + x |E] E Vi * +EE ni+ i
|vx x E Vi + =x ]{{h E { |E] E
Vi *
Provisions involving substantial degree of estimation in

measurement are recognized when there is a present
obligation as a result of past events and it is probable that
there will be an outflow of resources and a reliable estimate
can be made of the amount of the obligation. Contingent
Assets are neither recognized nor disclosed in the financial
statement . Contingent Liabilities are not provided for and are
disclosed by way of notes.
221
+E <xx .
x]/NOTE 2
k h { ]{{h/Notes on Financial Statements
{V / Share Capital
h / Particulars
2.1:
lli/As at 31-S/Mar-15 lli/As at 31-S/Mar-14

(in `)
(in `)
150,000,000
150,000,000
150,000,000
150,000,000
150,000,000
150,000,000
|vEi {V :/Authorized shares :

`100/- |iE E 15,00,000 <C] /
[`100/- |iE E 15,00,000 <C] (31S 2014)]
15,00,000 Equity shares of ` 100/- each
[(March 31, 2014)15,00,000 Equity shares of ` 100/- each]
V, +nk B |nk :/Issued, subscribed and paid-up shares:
`100/- |iE E 15,00,000 <C]
[`100/- |iE E 15,00,000 <C] (31S
2014)]
15,00,000 Equity shares of Rs 100/- each

[(March 31, 2014)15,00,000 Equity shares of
` 100/- each]
(B/a) :
E E J E vx/Reconciliation of the number of shares outstanding

h / Particulars
+v E + E J/Number of shares at the begining of the period 1,500,000
1,500,000
+v E n x V /Shares issued during the period
+v E +i E J/Number of shares at the end of the period
1,500,000
1,500,000
() : E{x 5% +vE vi Ex |iE vE E E J
(b) :Shares in the company held by each shareholder holding more than 5%
lli/As at 31-S/Mar-15
/ Particulars
vE E x
lli/As at 31-S/Mar-14
vi E J
vi E%
No. of Shares
held
% of
Holding
No. of Shares
held
%
% of
Holding
1499994
99.99
1499994
99.99
Name of Shareholder
<n E/Allahabad Bank
vi E J vi E
|Ii B +v/Reserves and Surplus

h / Particulars
lli/ As at 31-S/Mar-15
(in `)
-
(in `)
-
853,411
853,411
-
853,411
853,411
-
424,986,510
388,002,692
327,989
23,041,357
447,699,878
448,553,289
36,983,818
424,986,510
425,839,921
2.2 :
{V Mi |Ii/Capital reserve
x |Ii/General reserve
{U k h E +x
Balance as per the last financial statements
| Ji/Share Premium Account

+v/Surplus
{U k h E +x /
Balance as per the last financial statements
P]B: E{x +vx, 2013 E +x +S

+i E E +i /
Less Diff in Deprn on Fixed Assets as per
Companies Act, 2013
Vc: +v i /Add: Profit for the period
xVx i ={v /Amount available for appropriation
E |Ii B +v/Total reserves and surplus
222
+E <xx .
+lMi E /Deferred taxes

h/Particulars
2.3 :
lli/As at 31-S/Mar-15 lli/ As at 31-S /Mar-14

(`)
(`)
E +lMi E niB/Gross deferred tax liabilities

k h B +E h l +i E J E S +i E E { |
Tax impact of difference between carrying amount of fixed
assets in the financial statements and the income tax return
Bx{B B nMv @h { |vx E E { |

Tax impact on account of provison on NPA and doubtful debts
E +lMi E +i/Gross deferred tax assets
x +lMi E +i/(niB)/Net deferred tax asset / (liabilities)
nPv |vx/Long term provisions

h/Particulars
2.4 :
lli/ As at 31-S/Mar-15 lli/As at 31-S/Mar-14

(`)
(`)
ES i |vx/Provision for employee benefits

OS]/Gratuity
548,999
U^ xEnEh/ Leave encashment
153,696
|vx - V i OS]-{ ES/
702,695
502,022
114,560
Provision- Gratuity inclu. Interest - Ex-employee
211,751
198,684
500,000
600,000
1,414,446
1,415,266
+x{V +i i |vx ({ BxB E V +i)/

Provision for Non Performing Assets (Lease Assets of erstwhile NBFC business)
{ n /Trade payables
h/Particulars
2.5 :
lli/
As at 31-S/Mar-15
{ n /Trade payable
+ i xn/Creditors for services
+x S niB/Other current liabilities
h/Particulars
(`)
(`)
329,163
329,163
3,242,308
3,242,308
2.6 :
C<] +O/Advance from clients

E ni/Service Tax Liability
+x (BBxB )/Others (Dividend from ABNL shares)
2.7
(`)
(`)
1,506,647
887,809
379
44,805
1,707,889
1,507,026
2,640,503
+{v |vx/Short term provisions
h/Particulars
lli/ As at 31-S/Mar-15 lli/As at 31-S/Mar-14

(`)
(`)
15,110
13,301
13,696
11,362
50,894,414
40,153,944
50,923,220
51,000
40,229,607
ES i i |vx - OS] /
Provision for employee benefits - Gratuity
ES i i |vx - U^ xEnEh /
Provision for employee benefits - Leave Encashment
+x - +E i |vx / Others - Provision for Income Tax

+x-+xM E i |vx / Others - Provision for Fringe Benefit Tax
223
224
AS AT
01-04-14
Total Own Assets
E vi +i
173,959
43,150
56,750
Total Intangible Assets
2,725,458
43150
E +i +i
56750
ADDITION
{vx
G /Vx
GROSS BLOCK
640,503
100,000
100,000
363,725
116,205
540,503
60,573
SALES/
ADJUSTMENT
566,803
26,300
26300
SALES/ADJUSTMENT
E E
130,809
130,809
87,065
43,744
ADDITION
G /Vx
GROSS BLOCK
{vx
Computer Software
E{] }]
lli
PARTICULARS
/INTANGIBLE ASSETS
3,268,708
600,000
600,000
1,504,291
595,043
2,668,708
+i +i
Total Tangible Assets
E i +i
Office Equipment
]x/Motor Vehicles
E /T O T A L
>>>
E ={Eh
Furniture & Fixture
xS B CS
Plant & Machinery
j B x
(B) Assets given on lease
() V { |nk +i
Office Equipment
]x/Motor Vehicles
E /T O T A L
>>>
E ={Eh
Furniture & Fixture
xS B CS
(A) Assets other than on lease
569,374
AS AT
01-04-14
PARTICULARS
(B) V E +iH +x
+i
lli
E E
/ALLBANK FINANCE LIMITED
i +i / TANGIBLE ASSETS
+E <xx ]b
2,332,614
73,600
73,600
TOTAL
AS AT
31-3-2015
E lli
2,759,014
500,000
500,000
1,227,631
478,838
2,259,014
552,545
TOTAL
AS AT
31-03-15
E lli
1,935,173
54,440
54440
AS AT
01-04-14
lli
1,880,733
1,245,099
255,697
1,880,733
379,937
AS AT
01-04-14
lli
201,357
12,666
12666
FOR THE
YEAR
188,691
84,773
74,380
188,691
29,538
FOR THE
YEAR
238,811
26,300
26300
ADJUSTMENT
Vx
DEPRECIATION
212,511
212,511
212,511
ADJUSTMENT
1,897,719
40,806
40,806
TOTAL
AS AT
31-3-2015
E lli
1,856,913
1,117,361
330,077
1,856,913
409,475
TOTAL
AS AT
31-03-15
Vx E lli
DEPRECIATION
434,895
32,794
32,794
AS AT
31-03-15
lli
x E
902,101
500,000
500,000
110,270
148,761
402,101
143,070
AS AT
31-03-15
lli
803,001
15,026
15026
AS AT
31-03-14
lli
NET BLOCK
1,387,975
600,000
600,000
196,699
395,875
787,975
209,261
AS AT
31-03-14
lli
x E <-NET BLOCK ->
x]/Note: 2.8.
+E <xx .
x]/NOTE 2.9: M-S x/NON-CURRENT INVESTMENTS

A. +xE]b

Unquoted
<C] /Equity Shares

h/Particulars
lli
lli
As at 31.03.2015
As at 31.03.2014
J/
J/
Number
Book
Value (`)
Market
Value (`)
Number
Book
Value (`)
Market
Value (`)
50
1,538
50
1,538
10,000
851,900
10,000
851,900
106,000
2,507,960
106,000
2,507,960
40,000
757,200
40,000
757,200
28,000
795,200
28,000
795,200
25,000
1,017,500
25,000
1,017,500
126,000
4,181,006
126,000
4,181,006
1,400
Bonus
1,400
Bonus
6,400
64,000
6,400
64,000
6,500,000
6,500,000
6,500,000
6,500,000
380,923
3,809,230
380,923
3,809,230
48,600
1,944,000
48,600
1,944,000
119,700
1,197,000
119,700
1,197,000
85,500
2,992,500
85,500
2,992,500
n EE .
Divya Chemicals Ltd
]E] E <b .
({ x ] E] .
E x Yi)
Techtreck India Ltd
(Formerly known as Nirmal
Metal Fabricators Ltd)
x S VM Bb <x]] .
New Century Leasing
and Investments Ltd
x < +x Bx]V .
New Era Urban
Amenities LTd
V] EE .
Regent Chemicals Ltd
MVi ] .
Gujarat Filaments Ltd
.
Solar Busiforms Ltd
x {xM .
Newas Spinning Mills Ltd
B <x V .
BCL Financial Services Ltd
nx M .
Dewan Sugars Ltd
|i{ ] .
Harpartap Steel Ltd
E ] .
Malavika Steels Ltd
E <x Bb V] .
Moulik Finance and
Resorts Ltd
G |VC] .
Vikram Projects Ltd
225
+E <xx .
h/Particulars
lli
J/
lli
As at 31.03.2015
As at 31.03.2014
J/
Number
Book
Value (`)
Market
Value (`)
Number
Book
Value (`)
Market
Value (`)
58,300
874,500
58,300
874,500
i {B] .
Ritesh Polyesters Ltd
EM x] ./
Kalinga Cements Ltd
150,000
1,500,000
150,000
1,500,000
7,685,873
28,993,534
15
7,685,873
28,993,534
15
P]B: x E i |vx
Less: Provision for diminution
in value of investments
/Total
28,993,519
7,685,873
bS/Debentures
15
28,993,519
15
7,685,873
lli
15
lli
As at 31.03.2015
h/Particulars
15
As at 31.03.2014
J/
J/
Number
Book
Value(`)
Market
Value(`)
Number
Book
Value(`)
Market
Value(`)
NA
30
30,000,000
NA
100
10,000,000
10,050,000
100
10,000,000
NA
80
8,000,000
8,060,000
140
14,000,000
NA
180
18,000,000
18,110,000
270
54,000,000
18,000,015
18,110,015
x E{]
Reliance Capital
] {]
Shriram Transport
{] <VxM
Patel Engineering
E /Total
+xE]b x E E /
Total Value of Unquoted investments
54,000,015
/B. E]b /Quoted

<C] /Equity Shares
h/Particulars
lli
lli
As at 31.03.2015
As at 31.03.2014
J/
J/
Number
Book
Value(`)
Market
Value(`)
Number
Book
Value(`)
Market
Value(`)
25
250
2,290
130,049
341,439
2,290
130,049
247,549
NHPC Ltd
50,000
1,687,575
995,000
50,000
1,687,575
995,000
E /Total
P]B: x E i |vx
52,290
1,817,624
1,336,439
52,315
1,817,874
1,242,550
V+ BO .
Zuari Agro Limited
]] M VV .
Tata Global Beverages Ltd
BxBS{ .
Less: Provision for diminution

in value of investments
/Total
767,575
52,290
1,050,049
226
767,575
1,336,439
52,315
1,050,299
1,242,550
+E <xx .
v{j/Bonds
lli
lli
As at 31.03.2015
As at 31.03.2014
J/
J/
Number
Book
Value (`)
Market
Value (`)
Number
Book
Value (`)
Market
Value (`)
IRFC
500
50,000,000
50,104,342
E/Total
500
50,000,000
50,104,342
+<+B
31 S 2014 E lli/
31 S 2015 E lli/
S+ b/Mutual Funds
x il b
Vx E x
E{
Investment
Option
Book
Market
Book
Market
Value(`)
(`)
Value(`)
(`)
Value(`)
(`)
Value(`)
(`)
25,500,000
27,006,150
41,500,000
43,285,055
10,000,000
10,956,881
65,300,000
67,767,388
4,500,000
4,951,395
10,000,000
11,332,400
146,800,000
153,966,869
Fund
Date
Scheme
Name
E]E BB
M b {x
Ol
9/7/2012
Kotak MF
Regular Bond Plan
Growth
B+< BB
b<xE b b
Ol
10/7/2012
SBI MF
Dynamic Bond Fund
Growth
BB
b<xE b b
Ol
10/10/2012
Reliance MF
Dynamic Bond Fund
Growth
+<bB BB b<xE b b
Ol
14/2/2013
IDFC MF
Growth
Dynamic Bond Fund
+<bB BB BB{ V 11
5/3/2013
12/11/2013
Ol
IDFC MF
FMP Series 11
BSbB BB
BB{
HDFC MF
FMP 554D Nov 13 Dir.
554
x.
Growth
13
As at 31st March 2014
As at 31st March 2015
b.
Ol
Growth
M S x E E (E]b)/
Total Value of Non Current Investments (Quoted)
11,050,049
197,850,299
29,050,064
251,850,314
M S x E E (E]b B +xE]b)/
Total Value of Non Current Investments (Quoted & Unquoted)
2.10 : nPv
@h B +O/Long Term Loans & Advances
h/Particulars

(`)
(`)
58,500
47,500
193,765
173,233
252,265
220,733
(|ii B +SU x MB)(Secured and considered good)

V/Deposits
ES E +O, V i/Conveyance loan of ex-employees
including interest
227
228
L & T Infrastructure
B Bb ] <]CS
Central Bank of India
] E + <b
E S x / Total Current Investmets
10/3/2015
+w E / Andhra Bank
25/3/2015 E{x E/Corporation Bank
16/2/2015
Particulars
47,619,650
330,726,728
144,340,500
144,340,500
318,993,500
49,041,450
49,041,450
47,679,400
8.70%
47,619,650
Market value (`)
Book value (`)
(`)
`)
Book value (`
V (`)
50,380,000
50,380,000
Market value (`
`)
V (`)
Market value (`
`)
175,709,793
7,000,000
50,257,000
50,530,500
10,400,700
18,374,799
28,864,966
10,281,828
(`)
Market Value
lli/As at 31st S/March 2014
(`)
50,000,000
50,000,000
Book value (`
`)
V (`)
47,679,400
9.50%
Interest
(`)
173,874,799
124,653,000 136,006,228
7,000,000
50,000,000
50,000,000
10,000,000
7,649,670
54,870,000
55,290,000
18,374,799
28,500,000
10,000,000
(`)
Cost Value
Mi
18,196,558
17,653,000
7,000,000
50,000,000
50,000,000
(`)
(`)
V
Market Value
Mi
Cost Value
lli/ As at 31st n/December 2015
Growth
Ol
Growth
Ol
Growth
Ol
Growth
Ol
Growth
Ol
Growth
Ol
Growth
Ol
Growth
Ol
Option
E{
8.50%
8.90%
20
| Cb b
Premier Liquid Fund
SBI MF
FMP Series 73 - 376 Days Plan Q
ICICI MF
B+< BB
FMP 384D March 2014(1)
BB{ V 73-376 nx {x C
HDFC MF
+<+<+< BB
FMP Series 73 - 407 Days
BB{ 384 b S 2014 (1)
ICICI MF
BSbB BB
FMP 554d November 13 Dir
BB{ V 73-407 nx
HDFC MF
BB{ 554b x 13 b+<+
+<+<+< BB
Income Plus
Birla MF
BSbB BB
Magnum Income
<xE {
SBI MF
BB
Mx <xE
V |h{j / Certificate of Deposit :
E/Total
26/9/2014
Particulars
b / Bonds
h
31/12/2014
27/3/2014
20/3/2014
5/3/2014
12/11/2013
29/4/2013
23/4/2013
Bond Fund
UTI MF
B+< BB
b b
]+< BB
15/4/2013
Scheme Name
Fund
Investment
Date
Vx E x
x il
+E <xx ]b/ALLBANK FINANCE LIMITED

x]/Note 2.11 S x/Current Investments
+E <xx .
]b |{ /Trade receivables
h/Particulars
2.12 :
lli/As at 31S/Mar15
lli/As at 31S/Mar14
(`)
(`)
1,032,227
1,032,227
2,759,855
2,759,855
2,191,506
2,191,506
2,191,506
3,223,733
1,147,980
110,300
1,258,280
110,300
1,147,980
3,907,835
lli/As at 31S/Mar15
lli/As at 31S/Mar14
(`)
(`)
2,458
9,973
197,097,079
197,099,538
79,103,354
79,113,327
lli/As at 31S/Mar15
lli/As at 31S/Mar14
(`)
(`)
8,000
12,400
*0
92,918,997
1,992,311
94,919,308
*0
105,971,690
90,633
533,997
106,608,720
lli/As at 31S/Mar15
lli/As at 31S/Mar14
(`)
(`)
***0
-
*** 0
-
3,744,548
4,509,294
8,253,842
4,016,529
2,385,063
6,401,592
Mix i n x E il U E +v i E ]b |{
Trade receivables outstanding for a period less than six months
from the date they are due for payment
|ii, +SU x MB/Secured, considered good
+|ii, +SU x MB/Unsecured, considered good
Mix i n x E il U +vE +v i E ]b |{
Trade receivables outstanding for a period exceeding
six months from the date they are due for payment
|ii, +SU x MB/Unsecured, considered good
+|ii, nMv x MB/Unsecured, considered doubtful
P]B: nMv @h i |vx/Less: Provision for doubtful debts
2.13 :
xEn B xEn i/Cash and cash equivalents
h/Particulars
l xEn/Cash on hand
E S B V Ji /
Balances with banks in current and deposit accounts
2.14 :
+{v-@h B +O/Short-term loans and advances
h/Particulars
+O/Advances
+i-E{] V (|vx E n)
Inter-corporate deposit (net of provision)

+O +E/Advance Income Tax
+O +xM E /Advance Fringe Benefit Tax
{V Mi i +O (|vx E n)/Advance for Capital Goods (Net of provision)
+vE E +O(={Si V i)/Advance to officers (including accrued interest)
{nk /Prepaid expenses
* +i-E{] V `2,00,000, E M |vx `2,00,000
* Inter-Corporate Deposits `2,00,000/-, provision made `2,00,000/2.15 :
+x S +i/Other Current Assets
h/Particulars
EB { ]E(+in k{h | B |vx E n)
Stock on hire (net of overdue finance charges & provisons)
EV |{ /Brokerage receivable
+x/Others
={Si Ei +n V:/Interest accrued but not due:
x {/on Investments
n V {/on Term Deposit
***EB { ]E `4,00,000/-, EB { B MB nMv ]E E B E M |vx `4,00,000/*** Stock on hire `4,00,000/-, provision made towards provision for doubtful stock on hire was `4,00,000/-
229
+E <xx .
{Sx V/Revenue from operations

h/Particulars
2.16 :
31 S 15 E {i /
31 S 14 E {i /
year ended 31-March-15
(`)
(`)
8,009,490
3,660,642
21,811
12,452,550
1,245,499
2,580,033
3,560,200
-
11,691,943
19,838,282
S] EM B +x E +vi +/
Merchant Banking and other fee based income
Ex E/Appraisal fee
l{E E/Arrangers fee
bS/|ii xvi E/Debenture/ Security Trusteeship fee
{nj E/Advisory fees
+x/Others
+x {Sx V/Other operating revenues

S+ b ih EV/Brokerage from Mutual Fund Distribution
{ +v E + +]B i/Prior period income including OTS
2.17 :
4,325
5,762,834
5,767,159
17,459,102
659,099
630,000
1,289,099
21,127,381
+x +/Other Income
h/Particulars
31 S 15 E {i /
31 S 14 E {i /
(`)
(`)
16,073,184
33,702,972
25,000
9,738,414
16,141,522
10,588,692
326,465
30,000
876,027
4,100,803
20,531
120,805
773,492
65,310,422
34,303,789
x +/Investment Income:
b + bS { V/Interest on bonds and debentures
x E G { /Profit on sale of Investments
S+ b x { /Dividend on Mutual Fund Investments
{ /Dividend on Shares
+x/Others:
E v V { V/Interest on Fixed Deposits with bank
xEn V { V / Interest on CD
|iJi |vx/Provision written back
7,096,305
x E r i |iJi |vx/
Provision written back towards appreciation in value of investments
v +/Miscellaneous income
{ +v E +/Prior Period Income

2.18. :
ES /Employee benefit expense
h/Particulars
31 S 15 E {i /
31 S 14E {i /
(`)
(`)
5,699,225
4,722,889
214,934
260,443
61,853
72,960
155,457
58,360
489,876
6,621,345
618,697
5,733,349
ix B k/Salaries and allowances

xv B +x xv +nx/Contribution to provident and other funds
OS] i |vx/Provision for gratuity
U^ xEnEh i |vx/Provision for leave encashment
] EhE /Staff welfare expenses
230
+E <xx .
+x /Other expenses
h/Particulars
2.19 :
31 S 15 E {i /
31 S 14 E {i /
(`)
ti |/Electricity charges
x E i/Repairs to machinery
+x E i/Repairs to others
/Insurance
n B E/Rates and taxes
vE / Legal Expenses
E / Office Expenses
v (h {] nJ)/
Miscellaneous expenses (Refer details annexed)
(`)
499,816
16,391
2,500
211,444
232,456
441,167
13,073
2,500
87,160
135,558
4,078,029
5,040,637
3,894,507
4,573,965
v /Miscellaneous expenses
h/Particulars
31 S 15 E {i /
31 S 14 E {i /
(`)
(`)
{ +v /Prior period expenses

ph B Jx O/Printing & Stationery
xnE E j B b È E/
78,450
174,229
12,566
204,786
Directors travelling & Board meeting fees
323,106
517,101
110,303
151,571
596,220
258,429
840,110
80,000
566,790
724,201
110,300
236,237
629,628
305,238
501,660
80,000
416,650
667,429
174,620
4,078,029
212,912
3,894,507
+v @h i |vx/+{Ji +v @h/+{Ji +i /
Provision for Bad Debts / Bad Debts written off / Assets written off
v /Miscellaneous expenses
+nx B ni/Subscription and membership
bE B n/Postage & Telephone
{ B { E/Professional & Consultancy Fees
+iE J{I E/Internal Audit Fees
/BBB+< {VEh E/SEBI / AMFI Registration fees
j B x/Traveling and conveyance
J{IE E Mix (h {] nJ)
Payments to the auditor (Refer details annexed)
J{IE E Mix/Payments to auditor

h/Particulars
J{I E/Audit fee
E J{I E/Tax audit fee
|hx E/Certification fees
j/Travelling
E /Tax expense:
h/Particulars
31 S 15 E {i /
31 S 14 E {i /
(`)
(`)
35,000
10,000
129,620
174,620
25,000
7,000
180,912
212,912
2.20 :
31 S 15 E {i /
31 S 14 E {i /
(`)
(`)
S E/Current tax
{ E +E B +xM E/
17,700,000
7,769,000
Prior years income tax & fringe benefit taxes

S E/Current tax
i +lMi E/Deferred tax for the year
+lMi E/Deferred tax
17,700,000
17,700,000
217,352
7,986,352
7,986,352
231
+E <xx .
2.21 +EE niB VxE B |vx x E M :
2.21 Contingent liabilities not provided for :
(B)
a)
z +{ |vEh E I i , V E{x
i E +{I Ei , E v ni +E B
V E niB*
xvh /Assessment Year
Disputed Income Tax liability in respect of matters

pending before various Appellate authorities where the
Company expects to succeed.
(` ttF b)/(` in Lakh)
31.03.2015
31.03.2014
2003-04
85.74
85.74
2006-07
3.65
2007-08
21.66
2009-10
8.61
9.56
2012-13
0.27
94.35
120.88
E /Total
xvh 2008-09 i . 8,86,627 E M { +<] (B)
E I +{ n E M< * il{, Eli M E +E
M u xvh 2011-12 i { E {I Vi
E M *
E ni E +Ec {ix, +vx +{ { BBB,
+i& V + +i] {IE, n +{ E {I +l r
{i +n E Eh + *
() E{x E Ei{ ES u ix vx i n
=SS x BE ] SE n E M< * E{x
En c B ilEli n E i {h i
E< |vx x E M *
BE EM u E +H, < E I =E
EOh E il bB B B, V E +x ES
E n Vi , E n Ei B BE Ei n E
M< * E |G xE , CE, EM u
M E BBB x E x E + <B, B
xVx j,i E x < E +vxhx
i Exp E +tME +vEh . 2 E ni E
* E{x x < E Sxi n + Eli n E
{j E xvh x x E li E< |vx x
E M *
() E{x x +Mi 2008 +] EE Bb |VC]
.(21.01.2010 x {ii: Ox+l Bb |VC]
) E +<{+ xM i b xV E E E*
MVi Bx+< EE xE BE +x E{x x +]
EE + <E |] E r x BE
n nJ E n il S] E, ij xnE +
J{IE il ] E {] x n* + E
<x . x 04.08.2009 E =H ] E =k
BE Ji h nJ E + i
+vxh i i * + E <x ]b u n
+V, n E< , E j E xvh x E M
*
2.22 xx x E +x . .. n< u
13.05.1992 E + E <x . E { MB E
E{x E {I {k E {h +ih x M *
inx, E {nM E iJ E{x E
x M< + =E n =x { Pi i
={S + +vE { <E E * ={H +n E
{h{ E +Vx E nPv x x M
*
The demand for Assessment Year 2008-09 amounting to

` 8,86,627 has been contested in appeal before CIT(A).
However, the said demand has been adjusted against refund
for Assessment Year 2011-12 by the income tax department.
The change in the figure of the tax liability is due to order passed
against or in favour of ABFL, partly deposited and aggrieved,
preferred appeal.
b)
A writ Petition has been filed by some employees of the

Company in Delhi High Court for Salary revision. The
company is contesting the case and pending
quantification of the alleged claim no provision has been
made.
A complaint was filed by a workman with Asst Labour
Commissioner, Mumbai, claiming DA & CCA as paid to
the other employees from his date of joining. The
conciliation proceedings failed as ABFL did not accept
the demand raised by the workman and therefore, the
Ministry of Labour & Employment, Government of India,
referred the case to The Central Government Industrial
Tribunal No.2, Mumbai, for adjudication. The company
is contesting the case and in the absence of
quantification of the alleged claim, no provision is made.
c)
The Company had acted as lead manager for the IPO

issue of Austral Coke & Projects Limited (name changed
to Greenearth Resources and Projects Ltd. w.e.f.
21.01.2010) in August, 2008. Another company namely,
Gujrat NRE Coke Ltd. filed civil suits against the Austral
Coke and its promoters and also made the Merchant
Bankers, Independent directors, Auditors and Solicitors
as party to the suit. AllBank Finance had filed a written
statement on 04.08.2009 in response to the said civil
suit and since then the matter is pending for adjudication.
There is no quantification of the claim for compensation
payable, if any by, AllBank Finance Ltd.
2.22 As per the order of the Hon'ble Special Court, the delivery
of shares on 13.05.1992, by M/s V B Desai to AllBank
Finance Ltd., constituted complete transfer of property
in the shares in favour of the Company. Accordingly,
the Company became the owner of the shares from the
date of delivery of the shares and was entitled to all
accretions and rights declared thereafter. Pursuant to
the abovementioned order, the acquisition of the shares
has been considered as Long Term Investment.
232
+E <xx .
2.23 z i +Vi +O +E B
vi |vx xxx xvh B +{ E z
i { i *
xvh
Assessment Year
2.23 Unadjusted Advance income tax and the related

provisions in the books for various year are given
as under which are pending at various stages of
Assessments & Appeal.
+E i |vx
+O E, ]bB +E
{ |{
Provision for
Advance Tax ,TDS & income
Income Tax
tax refund receivable
/Amount (`)
i |li
Pending Status
/ Amount (`)
1993-94
1994-95
1995-96
1996-97
1997-98
1998-99
5,18,405.00
12,93,853.00
91,880.00
6,35,049.00
69,011.00
105,15,659.00
2000-01
2003-04
12,94,362.00
1,01,372.00
24,14,743.00
2004-05
2006-07
3,64,854.00
88,81,772.00
-
2007-08
21,66,198.00
{ |{/Refund due
{ |{/Refund due
{ |{/Refund due
{ |{/Refund due
{ |{/Refund due
Vx x iE {/
Refund pending adjustment
{ |{/Refund due
=SS x E I i/
Pending before High Court
B+ E I i/Pending before AO
xvi |{ E Mix x /
Assessed dues not paid
xvi |{ E Mix x
Assessed dues not paid

2008-09
97,00,000.00
173,01,301.00
+<] (B) E I i/
2009-10
119,00,000.00
120,92,447.00
+<]B] E I i/
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
77,69,000.00
1,77,00,000.00
5,08,94,414.00
66,322.00
3,23,733.00
3,53,417.00
83,55,199.00
77,74,326.00
221,30,509.00
929,18,998.00
{ |{/Refund due
{ |{/Refund due
{ |{/Refund due
B+ E I i/Pending before AO
]x V/Return filed
]x V E Vx E/Return yet to be filed
Pending before CIT(A)

Pending before ITAT
2.24 B b]b <{B E Mhx
2.24
Calculation of Basic & Diluted EPS
(` )
E {Si (x] E { |H)
/ Amount In `)
2014-15
2013-14
2,30,41,357
3,69,83,318
1,500,000
1,500,000
1,500,000
1,500,000
(`)/
Profit after Tax ( used as Numerator ) (`)
E + <C] E J /
Number of Equity Share at the beginning of the year
E +i <C] E J /
Number of Equity Share at the end of the year
E n x E <C] E i +i J
(bxx] E { |H)
Weighted average number of Equity Shares outstanding during
the year ( used as denominator )
<C] E x
1,500,000
1,500,000
100
100
15.36
24.66
(`)/
Nominal value of Equity Share (`)
|i + b<]b +Vx
(`)/
Basic and diluted earnings per Share (`)

233
+E <xx .
2.25 S E E{x E Miv BE |J Jb

+li {V V + r Miv E +iMi +i
+ ME Jb E +iMi +i: i xn JE
lx u V J xE (BB -17) Jb {]M
+{Ii Jb {] E |E]Eh |V x *
2.25 As the company's business activity falls within a single

primary business segment viz. dealing in Capital Markets
and allied activities and in a single geographical
segment, the disclosure requirements of Accounting
Standard ( AS - 17 ) " Segment Reporting " issued by
The Institute of Chartered Accountants of India are not
applicable.
2.26 i xn JE lx u V J xE 22
+ { E i J E +x +lMi E E
+i { xvi E Vi , CE BE +v E n x
E M + B J M + +i i +
BE +l +vE {i +v |ii x I *
+lMi E +i E xvh i E Vi V
=Si i { xSi E {{i E M
+ ={v M VE {I +lMi E +i
E VBM* B +i E |iE ix{j il E =xE
|{i E {x: xvh Ex i I E Vi *
2.26 In accordance with Accounting Standard 22 "Accounting for Taxes on Income" issued by The Institute
of Chartered Accountants of India, Deferred Tax is
recognized on timing differences being the difference
between taxable income and accounting income that
originate in one period and are capable of reversal in
one or more subsequent periods. Deferred tax assets
are recognized only when there is reasonable certainty
that there is sufficient future taxable income will be
available against which such deferred tax assets will be
realized. Such assets are reviewed at each Balance
Sheet date to reassess realisibility thereof.
2.27 + + E +{iEi ={v Sx E +x

EB MB +xvh <G, P B v =t E
+vx, 2006 E +iMi {i E< G + P
=t x *
2.27 To the extent identified from the information available

from suppliers of goods and services, there are no macro
and small enterprises being a supplier as defined under
Micro, Small and Medium enterprises Development Act,
2006.
2.28 i xn JE lx u V J xE (BB28) +i E Ih E +x E< +xVE x x

*
2.29 E{x +vx, 2013 E +xS II E +x
E |h {ix E Eh i ` 26,738 P]
M*
2.30 i xn JE lx u V J xE (BB18) vi {] |E]Eh E +x vi {]
|E]Eh xxx *
2.28 There is no impairment loss in terms of the Accounting

Standard ( AS 28 ) - " Impairment of Assets" issued by
The Institute of Chartered Accountants of India.
bM E{x-<n E
2.29 Due to change in the method of Depreciation as per

Schedule II of the Companies Act, 2013, the profit for
the year has decreased by ` 26,738.
2.30 Related Party disclosures as required in terms of
Accounting standard ( AS 18 ) - "Related Party
Disclosures" issued by the Institute of Chartered
Accountants of India are as under :
Holding Company - Allahabad Bank
(
l V { V/Interest on Fixed Deposit
|vx nB/Management Contracts
|{i/Receiving of Services
n V/Term Deposit
S V/Current Deposit
xn/Creditors
={H vi {] E Sx = iE |E] E
M< Vix ={v Sx E +v { |vx u +xvi
E M * J{IE u < { E M
*
2.31 |vx E , E{x E x S +i,
@h B +O E Mi V E E ix {j
n< M< E *
2014-15
2013-14
97,38,414
7,096,305
32,50,043
1,680,000
--
--
19,45,00,000
78,000,000
25,97,079
1,103,354
--
45,22,419
/ Amount In `)
The above related party information is disclosed to the

extent such parties have been identified by the
management on the basis of information available. This
is relied upon by the auditors.
2.31 In the opinion of the Management, current assets, loans
& advances have a value on realization in the ordinary
course of the Company's business which is at least equal
to the amount at which they are stated in the Balance
Sheet.
234
+E <xx .
2.32 <n E xx . (ix +E <x .)

+IE + {i l* E{x +{x xi
E n x +{x x E l-l <n E + <E
C<] E + |ii vh Ei l* < |E,
<n E xx . <x |ii E +IE E {
E E l* |ii <n E xx
. E x l + ix 49 E{x E 2,06,014
E lli 31 S, 2015 E E{x E b{ Ji
M * <x x x E 100 E,
Mi { V {, V E , E{x E
E{x E x x M + ij Exx
E +v { <C] E E{x E +i
x x M *
2.32
2.33 E{x (J xE) x, 2006 +vSi J xE

15 ES E +iMi +{Ii |E]x xS nB MB
2.33 The disclosures required under Accounting Standard 15

" Employee Benefits" notified in the Companies
(Accounting Standards) Rules 2006 , are given below :
{i +nx Vx
Allahabad Bank Nominees Ltd. (presently named

AllBank Finance Ltd.) was engaged in custodial services.
The Company, in regular course of business apart from
its own investments, used to hold securities on behalf
of Allahabad Bank and its clients. Allahabad Bank
Nominees Ltd., as such, was acting as Custodian of
these securities. All these securities were in the name
of Allahabad Bank Nominees Limited and at present
2,06,014 no of equity shares of 49 companies have been
taken in DP account of the Company as on 31st March,
2015. Out of the above 100 shares of Winsome Yarns
Limited have been considered as investment of the
Company in its Books of account at cost or market value
whichever is lower and remaining equity shares are not
considered as assets in the books of the Company
based on the independent legal opinion.
Defined Contribution Plan
xv ES E +nx `2,14,934/- ({U

- `2,60,443/-)
{i Vx
OS] + U]] vi ni E ix |VC]b
x] Gb] {ri E |M Ei B EE x E
+v { xvi E Vi *
B.
{i ni OS] E +l + <i E vx
Employer's Contribution to Provident Fund: `2,14,934 /

- (Previous Year - `2, 60,443 /-)
Defined Benefit Plan
The present value of obligation relating to gratuity and
leave is determined based on actuarial valuation using
the Projected Unit Credit Method.
a. Reconciliation of opening and closing balances of
Defined Benefit Obligation Gratuity
(+Ec ` /Figures in `)
2014-15
2013-14
515323
4,55,340
48491
60,620
E | {i ni/
Defined Benefit obligation at beginning of the year
S Mi /Current Service Cost

V Mi /Interest Cost
EE x/() / Actuarial Losses / ( Gain )
+n EB MB /Benefits Paid
E +i {i ni /
47977
37,573
(48196)
(38,300)
Defined Benefit obligation at year end
564109
5,15,323
xVi +i E =Si E +l + <i E

vx
b.
Reconciliation of Opening and closing balances of fair

value of plan assets
(`
2014-15
2013-14
E | xVi +i E =Si /
Fair value of Plan Assets at the beginning of the year
xVi +i { +{Ii |i / Expected return on plan Assets

EE /(x)/ Actuarial Gain / (Losses)
xVE E +nx/Contributions by Employer
+n EB MB /Benefits Paid
E +i xVi +i E =Si
Fair value of Plan Assets at year end
235
/ In `)
+E <xx .
. +i + vi+ E =Si E vx
c.
Reconciliation of fair value of assets and obligations
(`
31st
S/March 2015
xVi +i E =Si /Fair value of Plan Assets

ni E ix /Present value of obligation
ix {j +Yi /Amount recognized in Balance Sheet
b. E n x +Yi JS
31st
S/March2014
564109
564109
d.
5,15,323
5,15,323
Expenses recognised during the year
(`
S Mi/Current Service Cost

V Mi/Interest Cost
xVi +i { +{Ii |i/Expected return on Plan Assets
EE ()/x /Actuarial (gain) / loss
B x Ji +Yi /
Expenses Recognized in Profit and Loss Account
<. EE {xx
]] ] : B+< (1994-1996) +i
e.
{i /Year ended
x< n (|i )/Discount rate ( per annum)
ix r (|i )/ Salary Escalation ( per annum )
2.34 {U E +Ec
E{x x < +v E MEh E +x{ {U E
+Ec E {xMEi E M *
/ In `)
2014-15
2013-14
48491
60,620
47977
37,573
(48196)
(38,300)
48786
59,893
/ In `)
Actuarial assumptions
Mortality Table : LIC (1994 1996 ) Ultimate
31st
S/March 2015
31st
S/March,2014
9.31%
9.31%
7.00%
7.00%
2.34 Previous years figures

The company has reclassified previous years figures to
conform to this periods classification.
b E B B E +
il E {] E +x
Ei B.{. S]V Bb E
xn JE
{VEh J /

{]x / Partner
EEi, 21 +|, 2015 /
E ` / Rakesh Sethi
+vI / Chairman
b+<Bx / DIN: 02420709
xnE / Director
b+<Bx / DIN: 06965688
n / Subir Das
xnE / Director
b+<Bx / DIN: 00199255
B. +M / M.Arumugam
<+ / CEO
+V E / Ajai Kumar
B+ / CFO
i / Melvita Lewis
236
+E <xx ]b
31 S, 2015 E {i i xEn | h
Cash Flow Statement for the year ended 31 st March, 2015
h
Particulars
31.03.2015 E
{i i
31.03.2014 E
{i i
For the year

ended
31.03.2015
For the year

ended
31.03.2014
(`)
(`)
70,906,186
44,970,170
201,357
153,686
110,303
110,300
(327,989)
(326,465)
(25,000)
(30,000)
(26,687,624)
(23,237,827)
(773,492)
61,853
72,960
4,325
155,457
58,360
200,201
(33,702,972)
(10,588,692)
9,922,404
11,382,693
2,913,145
1,755,826
1,133,477
(5,168,843)
684,102
(3,324,899)
(1,852,250)
15,587
(10,693,613)
(1,482,164)
(1,453,914)
653,351
3,178,200
13,143,326
(6,583,576)
13,796,677
(3,405,376)
B. {Sx Miv xEn |

A. CASH FLOW FROM OPERATING ACTIVITIES
E B +vh Miv { x /(x)

Net Profit/(Loss) before Tax & Extraordinary Activities
Vx / Adjustments for:
/ Depreciation
nMv @h i |vx / Provision for Doubtful Debts
{i i Vx / Depreciation Adjustment for Earlier Years
+-S+ b / Dividend Income - Mutual Funds
+- / Dividend Income - Shares
V + / Interest Income
+v { + (+E {) / Prior Period Income (IT Refund)
OS] i |vx / Provision for gratuity
S+ b ih EV /
Brokerage from Mutual Fund Distribution
U^ xEnEh i |vx / Provision for Leave Encashment

x E G x / Loss on sale of investments
x E G / Profit on sale of investments
E {V {ix { {Sx
Operating Profit before Working Capital Changes
E {V {ix i Vx/
Adjustments For Working Capital Changes
{ n / Trade Payable
+x S niB / Other current liabilities
{ B +x |{ / Trade & Other Receivables
+x S +i / Other current assets
P +v |vx / Short Term Provisions
P +v @h B +O / Short Term Loans & advances
+vh n { xEn | / Cash Flow Before Extraordinary Item
|nk +E/ Income Tax Paid
{Sx Miv x xEn | [B]/
Net Cash Flow From Operating Activities
[A]
237
+E <xx .
h
Particulars
31.03.2015 E
{i i
31.03.2014 E
{i i
For the year

ended
31.03.2015
For the year

ended
31.03.2014
(`)
(`)
(173,959)
(127,110)
. x Miv xEn |/
B. CASH FLOW FROM INVESTING ACTIVITIES
l +i E Jn / Purchase Of Fixed Assets

nPv @h B +O /
Long Term Loans & Advances
(30,680)
S+ b x |{i / Proceeds from investment in mutual funds

V + / Interest income
+- / Dividend income - Shares
+- S+ b / Dividend income - Mutual funds
x Miv x xEn | []/
Net Cash Flow From Investing Activities [B]
77,681,549
(17,538,766)
26,687,624
23,237,827
25,000
30,000
326,465
104,189,535
5,928,416
79,113,327
76,590,287
117,986,211
2,523,040
197,099,538
79,113,327
. k{h Miv xEn |/

C. CASH FLOW FROM FINANCING ACTIVITIES
k{h Miv x xEn | []

Net Cash Flow From Financing Activities [C]
h / Summary Statement
E + xEn B xEn i/
Cash & Cash Equivalents At The Beginning Of The Year
Vc : xEn B xEn i x r [B] + []
+ []
Add: Net Increase In Cash & Cash Equivalents [A+B+C]
E +i xEn B xEn i
Cash & Cash Equivalents At The End Of The Year
il E {] E +x
b E B B E +
Ei B.{. S]V Bb E
xn JE
{VEh J /

{]x / Partner
EEi, 21 +|, 2015 /
st
Kolkata, 21 April, 2015
E ` / Rakesh Sethi
+vI / Chairman
b+<Bx / DIN: 02420709
xnE / Director
b+<Bx / DIN: 06965688
n / Subir Das
xnE / Director
b+<Bx / DIN: 00199255
B. +M / M.Arumugam
<+ / CEO
+V E / Ajai Kumar
B+ / CFO
i / Melvita Lewis
238
<B b] i /E Ji h
(iE { Jx vE i)
/ .............................................................................Binu / <B u v
/ E Ji V Ex i <n E E |vEi Ei /Ei /Ei :
/ . BB .
E J
E Ji E h
E. E E x
:___________________________________________
J. J E x B {i
:___________________________________________
:___________________________________________
M. B+<+ SE { =Ji
E J E 9 +E E E]
:___________________________________________
P. +<BB Eb
:___________________________________________
R. Ji E |E (Si/S)
:___________________________________________
S. SEE =Ji Ji J
:___________________________________________
U. vE E ]x x, B]b Eb i/< x.
:___________________________________________
V. <- +<b, n
:___________________________________________
/ Binu Ph Ei /Ei /Ei E >{ nB MB h + {h * n Mi + +v Sx nx

E Eh +l +x iExE Eh xnx i +l xnx x {i i <n E E
=kn x `=M/`=M/`BM*
vE(E) E iI
:
. BB ]b
(x]: <n E)
77/2B, V b
EEi-700 029
E] J/h E ]Ei E i{x i E{ +{x =H Ji vi +{E E u V SE E BE xi

EE Mx E*
n +{E b] i E{ +{x <B b ] vi b{V] {]{] E =E u xvi ]
V*
239
FORM FOR ECS MANDATE/BANK ACCOUNT PARTICULARS

(FOR SHAREHOLDERS HOLDING SHARES IN PHYSICAL FORM)
I/We---------------------------------------------------------------- do hereby authorize Allahabad Bank to credit my/our dividend amount

directly to my/our bank account by ECS.
My/Our Folio No. ALB..................................
No. of Shares...............................................
Particulars of Bank Account
A. Bank Name
B. Branch Name & Address
:
:
C. 9 Digit MICR Code No. of the Bank Branch

Appearing on the MICR Cheque
D. IFSC Code
E. Account Type (Saving/Current)
F. Account No. as appearing in the Cheque Book
G. Telephone No. with STD Code/ Mobile No. of shareholder
H. E-mail ID, if any
I/we hereby declare that the particulars given above are correct and complete. If the transaction is delayed or not effected at all
for reasons of incomplete or incorrect information or due to other technical reasons, I/we would not hold Allahabad Bank
responsible.
Signature of the shareholder(s)

Mail to :
M/S MCS Limited

(Unit: Allahabad Bank)
77/2A, Hazra Road
Kolkata-700 029
Please attach a blank cancelled cheque issued by your bank relating to your above account for verifying the accuracy of the
code numbers/ details.
In case you are holding shares in demat form, kindly send the ECS Mandate to the concerned Depository Participant
(DP) directly, in the format prescribed by the DP.
240

Allahabad Bank Annual Report 2014 15

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Allahabad Bank Annual Report 2014 15

Uploaded by

Copyright:

Available Formats

<n E

|vx E : 2, xiV b , EEi-700 001

rl=uNfUt, tuFtvheGfUtuk ytr= fUe mqae/

fUthvtuhux dJluom { J{IE fUt btKvt/

mqaec;t fUhth fuU Fkz 49 (IX) fuU +xh b |h{j/

+E <xx . E rJteg rJJhK/

|vx E : 2, xiV b , EEi-700 001

xnE b/BOARD OF DIRECTORS (lli/AS ON 31.03.2015)

Shri Rakesh Sethi

Chairman and Managing Director

Shri J. K. Singh Kharb

Dr. Shashank Saksena

Government Nominee Director

RBI Nominee Director

+EE M-E xnE

Shri Ajay Shukla

Part Time Non Official Director

Workmen Employee Director

Dr. Bijaya Kumar Sahoo

Shri Sarath Sura

Shri Parveen Kumar Chhokra

M/s Batliboi & Purohit

M/s Khandelwal Kakani & Co.

M/s Raghu Nath Rai & Co.

M/s Sarath & Associates

M/s N. C. Banerjee & Co.

V] B +ih BV]/REGISTRAR & SHARE TRANSFER AGENT

M/s MCS LTD. (Unit:- Allahabad Bank)

CHAIRMAN & MANAGING

+{E E E k 2014-15 E E |inx

It is my privilege to present the Annual Report for

+{E E E Ex{nx ]iB |ii Ex {, E

Before, I present the performance highlights of your Bank,

VE E { Sxi{h x , i xiMi E< x

While the global environment remains challenging, policy

Revival of Indian economy as pointed out in the revised

A bank plays a key role in the country's financial system and

9 SB deposits grew by `5228 crores to `55956 Crore

Your Bank posted operating profit growth of 10.93%

Net profit of the Bank came down to `620.90 crore

Non-Fund non-Interest Income of the Bank during

The Cost to Income Ratio came down from 46.23% in

x V Vx (Bx+<B) k 2014 E 2.75%

Net Interest Margin (NIM) improved to 3.10% during

31.03.2015 E lli {V {{ii +x{i -II

Capital Adequacy Ratio stood at 10.52% as on

E E xnE b x k 2014-15 i E E |nk {V

The Board of Directors of your the Bank has recommended a

3.4 Asset Quality

3.6 Offices & Branches

The Bank is having 3107 domestic branches and one overseas

3.7 Retail Credit

Your Bank's retail credit portfolio stood at `22041 Crore as on

Priority sector advances of the Bank increased from

Agriculture Credit reached a level of `24679.42 Crore

3.9 Corporate Social Responsibility

The Bank over the years has been actively engaged in

BE +] * <x 21 +] x 14347 V M + E 511

During the financial year 2014-15, your Bank has extended

In compliance of the directives of the Department of

Mass Account Opening Drive/Financial Literacy Camp

B{V +<b E {I Ji J E bM + B{V

Both the methods for seeding of Account numbers

3.12 Overseas presence