Wpzory J Uj Vvõ@ @ P Xpe (@ P O @U Dss - PZ Os (S-TM: TTZGR DPVZ Quyophy

31 XpE{ 2007 @‚√ ˘∫P<O @u‚ dSs_pZ Os[S-Tm
WpZOrY ∫J>uJ> Vvõ@‚ @‚p (000 @‚pu F>puÊ <QYp BYp `v)
BALANCE SHEET OF STATE BANK OF INDIA AS ON 31 ST MARCH 2007 (000s omitted)
TtzGr dpvZ QuYOphy dSs_tEr 31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O
_z. @u‚ dSs_pZ (Ep[t \^{) @u‚ dSs_pZ (<TF>[p \^{)
CAPITAL AND LIABILITIES Schedule As on 31.3.2007 As on 31.3.2006
No. (current year) (previous year)
‘. Rs. ‘. Rs.
TtzGr
Capital ... ... 1 526,29,89 526,29,89
dpZ<b<OYpy dpvZ d<R]u^
Reserves & Surplus ... ... 2 30772,25,75 27117,78,72
GXpZp<]Ypy
Deposits ... ... 3 435521,08,94 380046,05,53
fRpZ
Borrowings ... ... 4 39703,33,52 30641,24,43
dÆY QuYOphy dpvZ T}p\RpS
Other liabilities & provisions ... ... 5 60042,25,78 55697,56,88
YpuB
TOTAL 566565,23,88 494028,95,45
dp˘∫OYpy dSs_tEr 31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

_z. @u‚ dSs_pZ (Ep[t \^{) @u‚ dSs_pZ (<TF>[p \^{)
ASSETS Schedule As on 31.3.2007 As on 31.3.2006
‘. Rs. ‘. Rs.
WpZOrY qZ˚\{ Vvõ@‚ Xuõ S@‚Qr dpvZ GXpZp<]Ypy
Cash & balances with Reserve Bank of India ... ... 6 29076,42,50 21652,70,39
Vvõ@‚puz Xuõ GXpZp<]Ypy dpvZ XpyB OPp d∂T _tESp TZ T}pØY RSZp<]
Balances with banks & money at call & short notice ... 7 22892,26,50 22907,29,72
<\<SRpS
Investments ... ... 8 149148,88,25 162534,24,10
d<B}X
Advances ... ... 9 337336,49,35 261800,93,59
dE[ dp˘∫OYpy
Fixed Assets ... ... 10 2818,86,67 2752,93,39
dÆY dp˘∫OYpy
Other Assets ... ... 11 25292,30,61 22380,84,26
YpuB
TOTAL 566565,23,88 494028,95,45
_Xp<kO QuYOphy / Contingent liabilities ... ... 12 ‘. Rs. 306590,01,55 ‘. Rs.228881,37,72

_zB}`N @u‚ <[h <V[ / Bills for collection ... ... — ‘. Rs. 23367,51,09 ‘. Rs.20592,95,35
T}XsA [uAp Sr<OYpy / Principal Accounting Policies ... ... 17
[uAp-qJ>ØT<NYpy / Notes on Accounts ... ... 18
84
C84 K84
1 — TtzGr
dSs_tEr
SCHEDULE 1 — CAPITAL
(000 @‚pu F>puÊ> <QYp BYp `v)
(000s omitted)
31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

@u‚ dSs_pZ (Ep[t \^{) @u‚ dSs_pZ (qTF>[p \^{)
As on 31.3.2007 As on 31.3.2006
(current year) (previous year)
‘. Rs. ‘. Rs.
— 10/- ‘Th T}<O ]uYZ \p[u 100,00,00,000 ]uYZ

T}p<R@w‚O TtzGr
Authorised Capital — 100,00,00,000 shares of Rs.10/- each 1000,00,00 1000,00,00
<SB{<XO, d<WQl dpvZ _zQl TtzGr — 52,62,98,878 ]uYZ —

T}Ýu@‚ ]uYZ 10/- ‘ @‚p [e_Xuõ 4,14,54,618 (31.03.2006 @‚pu 4,14,68,018)
]uYZ _˘≥X<[O `võ Gpu 20,727,309 (31.03.2006 @‚pu 20,734,009) \v˘∏\@‚ GXp Z_rQpuõ @u‚ ’‚T Xuõ `võ].
Issued, Subscribed and Paid-up Capital — 52,62,98,878 shares of Rs.10/- each
[includes 4,14,54,618 shares (4,14,68,018 as on 31.03.2006)
represented by 20,727,309 (20,734,009 as on 31.03.2006)
Global Depository Receipts]
526,29,89 526,29,89
YpuB
TOTAL 526,29,89 526,29,89
85
C85 K85
2 — dpZ<b<OYpz dpvZ d<R]u^
dSs_tEr (000 @‚pu F>puÊ> <QYp BYp `v)
SCHEDULE 2 — RESERVES & SURPLUS (000s omitted)
31.3.2007 @‚√ ˘∫P<O 31.3.2006@‚√ ˘∫P<O
@u‚ dSs_pZ (Ep[t \^{) @u‚ dSs_pZ (<TF>[p \^{)
As on 31.3.2007 As on 31.3.2006
‘. Rs. ‘. Rs. ‘. Rs. ‘. Rs.
I. @‚pStSr dpZ<b<OYpy
Statutory Reserves
dP]u^
Opening Balance ... ... ... 17020,92,36 14087,14,91
\^{ @u‚ QpvZpS TqZ\R{S
Additions during the year ... ... ... 3358,11,32 2933,77,45
\^{ @u‚ QpvZpS @‚J>pv<OYpy
Deductions during the year ... ... ... — —
20379,03,68 17020,92,36
II. TtzGr dpZ<b<OYpy
Capital Reserves
dP]u^
Opening Balance ... ... ... 418,10,48 302,88,48
Additions during the year ... ... ... 3,91 115,22,00
418,14,39 418,10,48
III. ]uYZ T}r<XYX
Share Premium
dP]uu^
Opening Balance ... ... ... 3510,57,33 3510,57,33
Additions during the year ... ... ... — —
3510,57,33 3510,57,33
IV. <S\u] fOpZ-EÁp\ dpZ<b<OYpy
Investment Fluctuation Reserve
dP]uu^
Opening Balance ... ... ... 5253,89,38
Additions during the year ... ... ... — —
Deductions during the year ... ... ... — — 5253,89,38 —
V. ZpG∫\ dpvZ dÆY dpZ<b<OYpy*
Revenue and Other Reserves*
dP]u^
Opening Balance ... ... ... 5874,44,64 103,03,26
Additions during the year ... ... ... 321,11,43 5771,41,38
6195,56,07 5874,44,64
VI. <\Qu]r XsÈp ’‚zTpOZN dpZ<b<O
Foreign currency Translation Reserve ... ... ... 293,39,98 287,96,41
Opening Balance ... ... ...
Additions during the year ... ... ... — 5,43,57
Deductions during the year ... ... ... 24,79,63 —
268,60,35 293,39,98
VII. [pW dpvZ `p<S ApOu @‚p d<O]u^
Balance of Profit and Loss Account ... ... ... 33,93 33,93
* e_Xuõ (WpZOrY ∫J>uJ> Vvõ@‚ d<R<SYX, 1955 @‚√ RpZp 36 @u‚ dzOB{O ZAu Bh)
h@‚√@‚ZN dpvZ <\@‚p_ <S<R @u‚ ‘. 5,00,00,000
(<TF>[u \^{ 5,00,00,000) ]p<X[ `võ.
* Includes Rs. 5,00,00,000 (previous year Rs. 5,00,00,000) of
Integration and Development Fund
(maintained under Section 36 of the
State Bank of India Act, 1955)
YpuB
TOTAL 30772,25,75 27117,78,72
86
C86 K86
3 — GXpZp<]Ypy
SCHEDULE 3 — DEPOSITS (000s omitted)
31.3.2007@‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

As on 31.3.2007 As on 31.3.2006
‘. Rs. ‘. Rs.
@‚. I. XpyB GXpZp<]Ypy
A. I. Demand Deposits
(i) Vv@‚puõ _u
From banks ... ... ... ... 10974,81,01 7013,50,64
(ii) dÆY _u
From others ... ... ... ... 71023,16,37 60982,14,37
II. VEO Vvõ@‚ GXpZp<]Ypy
Savings Bank Deposits ... ... ... ... 129136,49,61 112723,92,14
III. _p\<R GXpZp<]Ypy
Term Deposits
(i) Vvõ@‚puõ _u
From banks ... ... ... ... 4613,48,62 5183,09,38
(ii) dÆY _u
From others ... ... ... ... 219773,13,33 194143,39,00
YpuB TOTAL 435521,08,94 380046,05,53
A. (i) WpZO Xuõ ]pApdpuõ @‚√ GXpZp<]Ypy

B. Deposits of branches in India ... ... ... ... 419936,76,49 366228,53,46
(ii) WpZO @u‚ Vp`Z ˘∫PO ]pApdpuõ @‚√ GXpZp<]Ypy
Deposits of branches outside India ... ... ... ... 15584,32,45 13817,52,07
YpuB TOTAL 435521,08,94 380046,05,53
4 — fRpZ
SCHEDULE 4 — BORROWINGS (000s omitted)
31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

As on 31.3.2007 As on 31.3.2006
‘. Rs. ‘. Rs.
I. WpZO Xuõ fRpZ
Borrowings in India
(i) WpZOrY qZ˚\{ Vvõ@‚
Reserve Bank of India ... ... ... ... 1000,00,00 —
(ii) dÆY Vvõ@‚
Other banks ... ... ... ... 1254,80,59 1000,00,00
(iii) dÆY _z∫Pphz dpvZ d<W@‚ZN
Other institutions and agencies ... ... 3564,96,73 5642,38,17
II. WpZO @u‚ Vp`Z _u fRpZ
Borrowings outside India ... ... ... ... 33883,56,20 23998,86,26
YpuB TOTAL 39703,33,52 30641,24,43
g‚TZI dpvZ II Xuõ _˘≥X<[O T}<OWtO fRpZ

Secured borrowings included in I & II above ... ... ... ... ‘. Rs.4650,53,97 ‘. Rs.4423,59,69
87
C87 K87
5 — dÆY QuYOphy dpvZ T}p\RpS
SCHEDULE 5 — OTHER LIABILITIES & PROVISIONS (000s omitted)
31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

As on 31.3.2007 As on 31.3.2006
‘. Rs. ‘. Rs.
I. _zQuY <V[
Bills payable ... ... ... ... 20276,79,80 17293,76,01
II. dzOZ-@‚pYp{[Y _XpYpuGS (<S\[)
Inter-office adjustments (net) ... ... ... ... — 11435,24,05
III. T}puQoWtO ±YpG
Interest accrued ... ... ... ... 3948,06,93 3687,98,51
IV. dp∫P<BO @‚Z QuYOphy (<S\[)
Deferred Tax Liabilities ... ... ... ... 483,67,44 —
V. dÆY (e_Xuõ T}p\RpS _˘≥X<[O `võ)
Others (including provisions) ... ... ... ... 35333,71,61 23280,58,31
‘. ëîîîìê.ñô (<Q. ìë.êì.íêêñ @‚pu îôòï.òë ‘Th)
@‚p BpvN j‚N dpvZ ‘. ëíìò.òê (ìë.êì.íêêñ) @‚pu
]tÆY ‘Th) @u‚ Vu<XYpQr VpzL>
[Includes sub-ordinated debt of
Rs. 14430.69 Crores (Rs. 4985.81 Crores
as on 31.03.2006) and perpetual bonds
of Rs. 1738.80 Crores (Rs Nil as on 31.03.2006)]
YpuB TOTAL 60042,25,78 55697,56,88
6 — WpZOrY qZ˚\{ Vvõ@‚ Xuõ S@‚Qr dpvZ GXpZp<]Ypy

dSs_tEr
(000 @‚pu F>puÊ <QYp BYp `v)
SCHEDULE 6 — CASH AND BALANCES WITH RESERVE BANK OF INDIA (000s omitted)
31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

As on 31.3.2007 As on 31.3.2006
‘. Rs. ‘. Rs.
I. `pP S@‚Qr (e_Xuõ <\Qu]r @‚Zuõ_r SpuJ> OPp ∫\N{ _˘≥X<[O `võ)
Cash in hand (including foreign currency notes and gold) 2530,11,93 2080,23,05
II. WpZOrY qZ˚\{ Vvõ@‚ Xuõ GXpZp<]Ypy

Balance with Reserve Bank of India
(i) Ep[t ApOu Xuõ
In Current Account ... ... ... ... 26546,30,57 19572,47,34
(ii) dÆY ApOpuõ Xuõ
In Other Accounts ... ... ... ... — —
YpuB TOTAL 29076,42,50 21652,70,39
88
C88 K88
dSs_tEr7 — Vvõ@‚puõ Xuõ GXpZp<]Ypy dpvZ XpyB OPp d∂T _tESp TZ T}pØY RSZp<]
(000 @‚pu F>puÊ> <QYp BYp `v)
SCHEDULE 7 — BALANCES WITH BANKS & MONEY AT CALL & SHORT NOTICE (000s omitted)
31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

As on 31.3.2007 As on 31.3.2006
‘. Rs. ‘. Rs.
I. WpZO Xuõ
In India
(i) Vvõ@‚puõ Xuõ GXpZp<]Ypy

Balances with banks
(@‚) Ep[t ApOpuõ Xuõ

(a) In Current Accounts ... ... ... ... 996,68,04 599,80,23
(A) dÆY GXp ApOpuõ Xuõ

(b) In Other Deposit Accounts ... ... ... ... — 2,77,24
(ii) XpyB dpvZ d∂T _tESp TZ T}pØY RSZp<]

Money at call and short notice
(@‚) Vvõ@‚puõ Xuõ

(a) With banks ... ... ... ... 6503,29,34 8081,06,08
(A) dÆY _z∫Ppdpuõ Xuõ

(b) With other institutions ... ... ... ... — —
YpuB TOTAL 7499,97,38 8683,63,55
II. WpZO @u‚ Vp`Z

Outside India
(i) Ep[t ApOpuõ Xuõ

In Current Accounts ... ... ... ... 1835,75,03 1919,52,80
(ii) dÆY GXp ApOpuõ Xuõ

In Other Deposit Accounts ... ... ... ... 2410,91,56 3242,22,63
(iii) XpzB dpvZ d∂T _tESp TZ T}pØY RSZp<]

Money at call and short notice ... ... ... ... 11145,62,53 9061,90,74
YpuB TOTAL 15392,29,12 14223,66,17
@s‚[ YpuB GRAND TOTAL 22892,26,50 22907,29,72
89
C89 K89
8 — <\<SRpS
SCHEDULE 8 — INVESTMENTS (000s omitted)
31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

As on 31.3.2007 As on 31.3.2006
‘. Rs. ‘. Rs.
I. WpZO Xuõ <\<SRpS
Investments in India in:
(i) _Z@‚pZr T}<OWt<OYpy
Government Securities ... ... ... ... 117703,11,14 134644,05,61
(ii) dÆY dSsXpu<QO T}<OWt<OYpy
Other approved securities ... ... ... ... 3343,05,89 3535,18,49
(iii) ]uYZ
Shares ... ... ... ... 2304,65,19 1384,87,66
(iv) qL>VuõEZ dpvZ VpzL>
Debentures and Bonds ... ... ... ... 8690,71,27 10100,44,42
(v) dSs^z<BYpy dpvZ/dP\p _`-f X (_`Ypu<BYpuõ _<Ò)
Subsidiaries and/or joint ventures
(including Associates) ... ... ... ... 2220,87,43 2020,94,00
(vi) dÆY (≥Yt•Ysd[ Uz‚L>põu @‚√ Yt<SJ>,õu \p<N˘ßY@‚ Tm T}pP<X@‚OpT}p· bumpuõ @‚√ GXpZp<]Ypy dp<Q)
Others (Units of Mutual Funds, Commercial Papers, Priority sector deposits etc.) 9073,91,24 5600,70,34
YpuB TOTAL 143336,32,16 157286,20,52

II. WpZO @u‚ Vp`Z <\<SRpS
Investments outside India in
(i) _Z@‚pZr T}<OWt<OYpuõ Xuõ (e_Xuõ ∫PpSrY T}p<R@‚ZN _˘≥X<[O `võ)
Government securities (including local authorities) 567,71,60 647,32,62
(ii) <\Qu]puõ Xuõ _XSs^zBr dpvZ/dP\p _`-f X
Subsidiaries and/or joint ventures abroad ... ... ... 352,49,77 310,11,50
(iii) dÆY <\<SRpS (]uYZ, qL>VuõEZ dp<Q)
Other investments (Shares, Debentures etc.) ... ... ... 4892,34,72 4290,59,46
YpuB TOTAL 5812,56,09 5248,03,58
III. WpZO Xu <\<SRpS

Investments in India
(i) <\<SRpSpuõ @‚p _@‚[ XpS
Gross Value of Investments ... ... ... ... 144580,01,14 163430,99,48
(ii) CJ>phy # @s‚[ T}p\RpS/Xt∂Y◊p_
Less : Aggregate of Provisions/Depreciation ... ... ... 1243,68,98 6144,78,96
(iii) I _u)
<S\[ <\<SRpS (g‚TZ
Net Investments (vide I above) ... ... YpuB TOTAL 143336,32,16 157286,20,52
IV. WpZO @u‚ Vp`Z <\<SRpS

Investments outside India
(i) <\<SRpSpuõ @‚p _@‚[ XpS
Gross Value of Investments ... ... ... ... 5823,31,53 5260,00,49
(ii) CJ>phy # @s‚[ T}p\RpS/Xt∂Y◊p_
Less : Aggregate of Provisions/Depreciation ... ... ... 10,75,44 11,96,91
(iii) <S\[ <\<SRpS (g‚TZ II _u)
Net Investments (vide II above) ... ... YpuB TOTAL 5812,56,09 5248,03,58
90
C90 K90
9 — d<B}X
dSs_tEr (000 @‚pu F>puÊ <QYp BYp `v)
SCHEDULE 9 — ADVANCES (000s omitted)
31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

As on 31.3.2007 As on 31.3.2006
‘. Rs. ‘. Rs.
@‚. (i) @}‚Y q@‚h Bh dpvZ <XOr@‚pJ>u TZ WsBOpS q@‚h Bh <\<SXY Tm
A. Bills purchased and discounted ... ... ... ... 30787,10,14 24853,74,92
(ii) @v‚] @}u‚qL>J>, dpu\ZL~>p∞J> dpvZ XpyB TZ T}<O_zQuY fRpZ
Cash credits, overdrafts and loans repayable on demand ... 125476,17,29 95856,77,32
(iii) _p\<R fRpZ
Term loans ... ... ... ... 181073,21,92 141090,41,35
YpuB TOTAL 337336,49,35 261800,93,59
A. (i) XtO{ dp˘∫OYpuõ ÃpZp T}<OWtO (V`r j‚Npuõ TZ d<B}X _˘≥X<[O `vz)
B. Secured by tangible assets (includes advances
against Book Debt) ... ... ... ... 233336,81,03 180021,88,93
(ii) Vvõ@‚/_Z@‚pZr T}ÝpWt<OYpuõ ÃpZp _zZ<bO
Covered by Bank/Government Guarantees ... ... ... 21719,09,18 20927,19,21
(iii) dT}<OWtO
Unsecured ... ... ... ... 82280,59,14 60851,85,45
YpuB TOTAL 337336,49,35 261800,93,59
B. (I) WpZO Xuõ d<B}X

C. Advances in India
(i) T}pP<X@‚OpT}pØO bum
Priority Sector ... ... ... ... 102015,85,14 80012,87,97
(ii) _p\{G<S@‚ bum
Public Sector ... ... ... ... 27164,92,08 22897,01,23
(iii) Vvõ@‚
Banks ... ... ... ... 2696,31,70 650,11,57
(iv) dÆY
Others ... ... ... ... 167406,35,94 131295,86,97
YpuB TOTAL 299283,44,86 234855,87,74
(II) WpZO @u‚ Vp`Z d<B}X

Advances outside India
(i) Vvõ@‚puõ _u ]puöY
Due from banks ... ... ... ... 2834,34,43 2238,67,18
(ii) dÆYpuõ _u ]puöY
Due from others
(@‚) @}‚Y q@‚h Bh dpvZ <XOr@‚pJ>u TZ WsBOpS q@‚h Bh <\<SXY Tm
(a) Bills purchased and discounted ... ... ... 10448,94,17 8229,16,64
(A) d<W^Q fRpZ
(b) Syndicated loans ... ... ... ... 12605,50,09 6388,72,53
(B) dÆY
(c) Others ... ... ... ... 12164,25,80 10088,49,50
YpuB TOTAL 38053,04,49 26945,05,85
91
C91 K91
10 — dE[ dp˘∫OYpy
SCHEDULE 10 — FIXED ASSETS (000s omitted)
31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

As on 31.3.2007 As on 31.3.2006
‘. Rs. ‘. Rs.
I. @‚. TqZ_Z
A. Premises
31 XpE{ @‚√ ˘∫P<O @u‚ dSs_pZ [pBO TZ
Tt\{\Or{ \^{ @‚√
At cost as on 31st March of the preceding year ... ... 1346,45,99 1214,46,29

Additions during the year ... ... ... ... 105,30,36 133,01,75
Deductions during the year ... ... ... ... 3,13,58 102,05
d OS Xt∂Y◊p_
Depreciation to date ... ... ... ... 498,92,88 441,33,24
949,69,89 905,12,75
A. dÆY <SXp{NpRrS TqZ_Z
B. Premises under Construction ... ... ... ... 141,95,26 79,82,05
II. dÆY dE[ dp˘∫OYpy (e_Xuõ U‚Sr{EZ dpvZ <U‚°_EZ _˘≥X<[O `võ)
Other Fixed Assets (including furniture and fixtures)
Tt\{\Or{ \^{ @u‚‚‚31 XpE{ @‚√ ˘∫P<O @u‚ dSs_pZ [pBO TZ

Additions during the year ... ... ... ... 635,08,49 896,06,59
Deductions during the year ... ... ... ... 123,45,73 189,50,76
d OS Xt∂◊p_
Depreciation to date ... ... ... ... 3855,37,21 3411,21,50
1637,82,06 1570,35,01
III. TJ>oJ>p@w‚O dp˘∫OYpy

Leased Assets ... ... ... ...
31 XpE{ @‚√ ˘∫P<O @u‚ dSs_pZ [pBO TZ
Tt\{\Or{ \^{ @‚√
\^{ @u‚ QpvZpS _XpYpuGS _<Ò TqZ\R{S

Additions during the year ... ... — —
\^{ @u‚ QpvZpS T}p\RpS _<Ò @‚J>pv<OYpy
Deductions during the year ... ... 70,83,39 140,42,41
d OS Xt∂◊p_
Depreciation to date
including provision ... ... ... ... 960,87,48 899,18,30
159,22,93 291,75,51
CJ>phy # TJoJ>p _XpYpuGS dpvZ T}p\RpS

Less : Lease Adjustment and Provisions ... 69,83,47 94,11,93
89,39,46 197,63,58
YpuB TOTAL 2818,86,67 2752,93,39
92
C92 K92
11 — dÆY dp˘∫OYpy
SCHEDULE 11 — OTHER ASSETS (000s omitted)
31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

As on 31.3.2007 As on 31.3.2006
‘. Rs. ‘. Rs.
(i) dzOZ-@‚pYp{[Y _XpYpuGS (<S\[)
Inter-office adjustments (net) ... ... ... ... 216,96,15 —
(ii) T}puQoWtO ±YpG
Interest accrued ... ... ... ... 5020,30,82 4724,84,47
(iii) d<B}X ’‚T _u _zQl @‚Z/_}puO TZ @‚pJ>p BYp @‚Z
Tax paid in advance/tax deducted at source ... ... ... ... 2152,43,61 352,67,18
(iv) [uAS _pXB}r dpvZ ∫J>pzT
Stationery and stamps ... ... ... ... 78,61,32 82,31,95
(v) Qp\puõ @‚√ _zOs<πJ> Xuõ T}pØO @‚√ Be{ BvZ-Vvõ@‚@‚pZr dp˘∫OYpy
Non-banking assets acquired in satisfaction of claims ... ... ... 34,91 35,16
(vi) dp∫P<BO @‚Z dp˘∫OYpy (<S\[)
Deferred Tax Assets (Net) ... ... ... — 117,79,32
(vii) dÆY
Others ... ... ... ... 17823,63,80 17102,86,18
YpuB TOTAL 25292,30,61 22380,84,26
dSs_tEr 12 — _Xp<kO QuYOphy (000 @‚pu F>puÊ <QYp BYp `v)

SCHEDULE 12 — CONTINGENT LIABILITIES (000s omitted)
31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

As on 31.3.2007 As on 31.3.2006
‘. Rs. ‘. Rs.
I. Vvõ@‚ @u‚ <\‘– Qp\u <GÆùõ j‚N @u‚ ’‚T Xuõ ∫\r@‚pZ S`rõ q@‚Yp BYp `v
Claims against the bank not acknowledged as debts ... ... ... 3808,98,78 1704,81,71
II. dz]O: _zQl <\<SRpSpuõ @u‚ <[h QuYOp
Liability for partly paid investments ... ... ... ... 2,80,00 2,80,00
III. V@‚pYp \pYQp <\<SXY _z<\Qpdpuõ @‚√ VpVO QuYOp
Liability on account of outstanding forward exchange contracts ... ... 197285,30,50 134350,28,74
IV. _zCJ>@‚puõ @‚√ dpuZ _u Qr Be{ T}ÝpWt<OYpy
Guarantees given on behalf of constituents
(@‚) WpZO Xuõ
(a) In India ... ... ... ... 23715,63,18 20770,83,28
(A) WpZO @u‚ Vp`Z
(b) Outside India ... ... ... ... 13905,56,57 6116,14,67
V. T}<OB}`N, TwπK>pz@‚S dpvZ dÆY VpöYOphy
Acceptances, endorsements and other obligations ... ... ... 47050,64,26 37025,48,25
VI. dÆY XQuõ <GS@u‚ <[h Vvõ@‚ _Xp<kO ’‚T _u flZQpYr `v
Other items for which the bank is contingently liable ... ... ... 20821,08,26 28911,01,07
YpuB TOTAL 306590,01,55 228881,37,72
93
C93 K93
WpZOrY ∫J>uJ> Vvõ@‚ @‚p 31 XpE{ 2007 @‚pu _XpØO \^{ @u‚ <[h [pW dpvZ `p<S ApOp (000 @‚pu F>puÊ> <QYp BYp `v)
PROFIT AND LOSS ACCOUNT OF STATE BANK OF INDIA FOR THE YEAR ENDED 31ST MARCH 2007 (000s omitted)
dSs_tEr 31.3.2007 @‚pu _XpØO \^{ 31.3.2006 @‚pu _XpØO \^{

_z. (Ep[t \^{) (<TF>[p \^{)
Schedule Year ended 31.3.2007 Year ended 31.3.2006
‘. Rs. ‘. Rs.
I. dpY
INCOME
d<G{O ±YpG
Interest earned ... ... ... 13 39491,02,55 35979,56,94
dÆY dpY
Other Income ... ... ... 14 5769,24,87 7435,20,17
YpuB TOTAL 45260,27,42 43414,77,11

II. ∑YY
EXPENDITURE
∑YY q@‚Yp BYp ±YpG
Interest expended ... ... ... 15 23436,82,10 20390,44,70
TqZEp[S ∑YY
Operating expenses ... ... ... 16 11823,51,68 11725,09,74
T}p\RpS dpvZ dp@‚˘∫X@‚ ∑YY
Provisions and contingencies ... ... ... 5458,62,91 6892,55,51
YpuB TOTAL 40718,96,69 39008,09,95

III. [pW
PROFIT
\^{ @u‚ <[h <S\[ [pW
Net Profit for the year ... ... ... 4541,30,73 4406,67,16
dB}pSrO [pW
Profit brought forward ... ... ... 33,93 33,93
_pXpÆY dpZ<b<OYpuõ _u dzOZN
Transfer from General Reserve ... ... ... 2,88,57 —
YpuB TOTAL 4544,53,23 4407,01,09

<\<SYpuGS†
APPROPRIATIONS
@‚pStSr dpZ<b<OYpuõ @‚pu dzOZN
Transfer to statutory reserves ... ... ... 3358,11,32 2933,77,44
TtzGr dpZ<b<O Xuõ dzOZN
Transfer to Capital Reserve ... ... ... 3,91 115,22,00
ZpG∫\ dz\ dpZ<b<OYpuõ Xuõ dzOZN
Transfer to Revenue and
other reserves ... ... ... 324,00,00 517,52,00
[pWpz]
Dividend ... ... ... 736,81,84 736,81,84
[pWpz] TZ @‚Z
Tax on dividend ... ... ... 125,22,23 103,33,88
]u^ Zp<] Gpu dpBu Os[S-Tm Xuõ [u Gpe{ Be{ `v
Balance carried over to Balance Sheet ... ... 33,93 33,93
YpuB TOTAL 4544,53,23 4407,01,09
T}<O ]uYZ Xt[ @‚ZSu Ypu£Y dpY

Basic and dilutive Earnings per Share ‘. Rs. 86.29 ‘. Rs. 83.73
T}XsA [uAp Sr<OYpy / Principal Accounting Policies... 17
[uAp-qJ>ØT<NYpy / Notes on Accounts ... ... 18
94
C94 K94
13 — d<G{O ±YpG
SCHEDULE 13 — INTEREST EARNED (000s omitted)
31.3.2007 @‚pu _XpØO \^{ 31.3.2006 @‚pu _XpØO \^{{

(Ep[t \^{) (<TF>[p \^{)
Year ended 31.3.2007 Year ended 31.3.2006
‘. Rs. ‘. Rs.
I. d<B}Xpuõ/<\<SXY Tmpuõ TZ ±YpG/<XOr@‚pJ>p
Interest/discount on advances/bills ... ... ... 24839,17,66 17696,29,64
II. <\<SRpSpuõ TZ dpY
Income on investments ... ... ... 11492,99,21 13977,52,84
III. WpZOrY qZ˚\{ Vvõ@‚ Xuõ GXpZp<]Ypuõ dpvZ dÆY dzOZ-Vvõ@‚ <S<RYpuõ TZ ±YpG
Interest on balances with Reserve Bank of India
and other inter-bank funds ... ... ... 2719,60,34 2121,73,01
IV. dÆY
Others ... ... ... 439,25,34 2184,01,45
YpuB TOTAL 39491,02,55 35979,56,94
14 — dÆY dpY
SCHEDULE 14 — OTHER INCOME (000s omitted)
31.3.2007 @‚pu _XpØO \^{ 31.3.2006 @‚pu _XpØO \^{{

(Ep[t \^{) (<TF>[p \^{)
‘. Rs. ‘. Rs.
I. @‚Xr]S, <\<SXY dpvZ Q[p[r
Commission, exchange and brokerage ... ... ... 4804,50,30 3996,19,86
II. <\<SRpSpuõ @u‚ <\@}‚Y TZ [pW (`pSr) (<S\[)
Profit / (Loss) on sale of investments (Net) ... ... ... 567,78,12 587,17,14
III. <\<SRpSpuõ @u‚ TsSX{t∂Ypz@‚S TZ [pW (`pSr)
Profit / (Loss) on revaluation of investments ... ... ... (1677,51,35) —
IV. Wt<X, W\Spuõ dpvZ dÆY dp˘∫OYpuõ @u‚ <\@}‚Y TZ [pW (<S\[)
Profit on sale of land, buildings and other assets
including leased assets (Net) ... ... 12,12,70 1,93,90
V. <\<SXY [uSQuS TZ [pW
Profit on exchange transactions ... ... ... 373,39,93 1001,26,62
VI. <\Qu]/WpZO Xuõ ∫Pp<TO _XSs^z<BYpuõ/@z‚T<SYpuõ dpvZ/Yp _zYs°O f Xpuõ _u
[pWpz]puõ dp<Q @u‚ ’‚T Xuõ d<G{O dpY
Income earned by way of dividends, etc., from subsidiaries/
companies and/or joint ventures abroad/in India ... ... ... 596,96,77 317,18,28
VII. <\lTpu^N - TJoJ>p dpY Income from financial leases
(@‚/a) TJ>oJ>p q@‚ZpYp (íô,ëí,ìí `GpZ ‘Th, <TF>[u \^{ ìî,ïî,ñó
`GpZ ‘Th TJoJ>p _XpSr@‚ZN CJ>p@‚Z)
Lease rental (net of lease equilisation of Rs 29,12,32
thousand, Previous year Rs. 34,54,67 thousand) ... ... 83,48,18 117,45,66
(A/b) d<OQuY T}WpZ
Overdue charges ... ... ... 15,18 33,40
VIII. T}@‚√N{ dpY
Miscellaneous Income ... ... ... 1008,35,04 1413,65,31
YpuB TOTAL 5769,24,87 7435,20,17
95
C95 K95
15 — ∑YY q@‚Yp BYp ±YpG
SCHEDULE 15 — INTEREST EXPENDED (000s omitted)
31.3.2007 @‚pu _XpØO \^{ 31.3.2006 @‚pu _XpØO \^{{

(Ep[t \^{) (<TF>[p \^{)
‘. Rs ‘. Rs.
I. GXpZp<]Ypuõ TZ ±YpG
Interest on deposits ... ... ... 19083,58,02 18132,18,48
II. WpZOrY qZ˚\{ Vvõ@‚/dzOZ-Vvõ@‚ fRpZpuõ TZ ±YpG
Interest on Reserve Bank of India/Inter-bank borrowings ... ... 2141,55,46 1321,55,78
III. dÆY
Others ... ... ... 2211,68,62 936,70,44
YpuB TOTAL 23436,82,10 20390,44,70
16 — TqZEp[S ∑YY
SCHEDULE 16 — OPERATING EXPENSES (000s omitted)
31.3.2007 @‚pu _XpØO \^{ 31.3.2006 @‚pu _XpØO \^{{

(Ep[t \^{) (<TF>[p \^{)
‘. Rs. ‘. Rs.
I. @‚X{EpqZYpuõ @‚pu WsBOpS dpvZ fS@u‚ <[h T}p\RpS
Payments to and provisions for employees ... ... ... 7932,58,10 8123,04,38
II. WpJ>@‚, @‚Z dpvZ Zpu]Sr
Rent, taxes and lighting ... ... ... ... 896,50,11 796,35,14
III. XsÈN dpvZ [uAS-_pXB}r
Printing and stationery ... ... ... ... 173,87,31 175,63,91
IV. <\cpTS dpvZ T}EpZ
Advertisement and publicity ... ... ... ... 88,42,66 109,44,23
V. (@‚) Vvõ@‚ @‚√ _zT<l TZ Xt∂Y◊p_ (TJ>oJ>p@w‚O dp˘∫OYpuõ @u‚ d<OqZ°O)
(a) Depreciation on bank’s property (Other than Leased Assets) ... 527,74,82 628,02,25
(A) TJ>oJ>p@w‚O dp˘∫OYpuõ TZ Xt∂Y◊p_
(b) Depreciation on Leased Assets ... ... ... 74,64,41 101,10,92
VI. <SQu]@‚puõ @‚√ U‚√_, Wlu dpvZ ∑YY
Directors’ fees, allowances and expenses ... ... ... 107,83 123,27
VII. [uAp-TZrb@‚puõ @‚√ U‚√_ dpvZ ∑YY (]pAp [uAp-TZrb@‚puõ @‚√ U‚√_ _<Ò)
Auditors’ fees and expenses (including branch auditors’ 62,28,29 63,55,96
fees and expenses)
VIII. <\<R T}WpZ
Law charges ... ... ... ... 57,35,98 49,48,62
IX. L>p@‚ X`_t[, OpZ dpvZ J>u[rU‚puS dp<Q
Postage, Telegrams, Telephones etc. ... ... ... ... 118,16,92 102,24,80
X. XZ≥XO dpvZ dSsZbN
Repairs and maintenance ... ... ... ... 189,14,95 170,27,08
XI. VrXp
Insurance ... ... ... ... 355,28,60 340,76,38
XII. dÆY ∑YY
Other expenditure ... ... ... ... 1346,41,70 1063,92,80
YpuB TOTAL 11823,51,68 11725,09,74
96
C96 K96
ã¶ãìÔãîÞããè 17 SCHEDULE 17
¹ãÆ½ãìã Êãñãã ¶ããèãä¦ã¾ããú PRINCIPAL ACCOUNTING POLICIES
1. Basis of Preparation
1. ¦ãõ¾ããÀ ãÀ¶ãñ ãã ãã£ããÀ The accompanying financial statements have been prepared
ÔãâÊãØ¶ã ãäÌã§ããè¾ã ãäÌãÌãÀ¥ã ãÌããä£ãØã¦ã ÊããØã¦ã ãã£ããÀ ¹ãÀ ¦ãõ¾ããÀ ãäã Øã Öö. Ìãñ ¼ããÀ¦ã under the historical cost convention. They conform to
½ãò Ôãã½ãã¶¾ã¦ã: ÔÌããèãð¦ã Êãñãã-ãäÔã®ãâ¦ããò (ããè¹ããè) ãñ ã¶ãìÂ¹ã Öö Ìãâ ãäã¶ã½ãò Generally Accepted Accounting Principles (GAAP) in India,
which comprise the statutory provisions, regulatory/Reserve
ÔããâãäÌããä£ãã ¹ãÆãÌã£ãã¶ã, ãä¶ã¾ãã½ãã/¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã (ããÀºããèããÃ) ãñ ãäªÍãã-ãä¶ãªóÍã, Bank of India (RBI) guidelines, accounting standards/
¼ããÀ¦ããè¾ã Ôã¶ãªãè ÊãñããããÀ ÔãâÔ©ãã¶ã (ããÃÔããèããÃ) ´ãÀã ããÀãè Êãñãã-½ãã¶ãã/½ããØãÃªÍããê guidance notes issued by the Institute of Chartered
ãä¹¹ããä¥ã¾ããú ããõÀ ¼ããÀ¦ã ½ãò ºãöãäãâØã ²ããñØã ½ãò ¹ãÆÞããäÊã¦ã ¹ãÆ©ããú Íãããä½ãÊã Öãñ¦ããè Öö. ãäÌãªñÍã Accountants of India (ICAI), and the practices prevalent
ãäÔ©ã¦ã ãã¾ããÃÊã¾ããò ãñ ãäÊã Ôãâºãâãä£ã¦ã ªñÍããò ½ãò ¹ãÆÞããäÊã¦ã ÔããâãäÌããä£ãã ¹ãÆãÌã£ãã¶ããò ããõÀ in the banking industry in India. In respect of foreign
offices, statutory provisions and practices prevailing in
¹ãÆ©ããããò ãã ¹ããÊã¶ã ãäã¾ãã Øã¾ãã Öõ. respective countries are complied with.
ãäÌã§ããè¾ã ãäÌãÌãÀ¥ããò ããñ ¦ãõ¾ããÀ ãÀ¶ãñ ½ãò ¹ãÆºãâ£ã¶ã ããñ, ãäÌã§ããè¾ã ãäÌãÌãÀ¥ããò ããè ãä¦ããä©ã ããñ - The preparation of financial statements requires the
ãããäÔ¦ã¾ããò ããõÀ ªñ¾ã¦ããããò, (Ôã½ãò ããããäÔ½ãã ªñ¾ã¦ããúâ Ôããä½½ããäÊã¦ã Öö) ããè ÔãîãäÞã¦ã management to make estimates and assumptions considered
ÀããäÍã ¦ã©ãã ÔãîÞã¶ãã ãÌããä£ã ãñ ªãõÀã¶ã ÔãîãäÞã¦ã ãã¾ã Ìãâ Ì¾ã¾ã ½ãò ¹ãÆãä¦ã¹ããäÊã¦ã ¹ãÆãããÊã¶ã in the reported amounts of assets and liabilities (including
contingent liabilities) as of the date of the financial
ããõÀ ¹ãîÌããÃ¶ãì½ãã¶ã ãÀ¶ãñ ããè ããÌãÍ¾ãã¦ãã Öãñ¦ããè Öõ. ¹ãÆºãâ£ã¶ã ãã ¾ãÖ ½ãã¶ã¶ãã Öõ ãäã statements and the reported income and expenditure
ãäÌã§ããè¾ã ãäÌãÌãÀ¥ããò ããñ ¦ãõ¾ããÀ ãÀ¶ãñ ½ãò ¹ãÆ¾ãìã¦ã ¹ãÆãããÊã¶ã ¾ã©ããñãäÞã¦ã Ìãâ ¹ã¾ããÃ¹¦ã Öö. during the reporting period. Management believes that the
¼ããÌããè ¹ããäÀ¥ãã½ã ¶ã ¹ãÆãããÊã¶ããò Ôãñ ãÊãØã Öãñ Ôãã¦ãñ Öö. estimates used in the preparation of the financial statements
are prudent and reasonable. Future results could differ from
2. ããäØãÆ½ã ããõÀ ¶ãÔãñ Ôãâºãâãä£ã¦ã ¹ãÆãÌã£ãã¶ã these estimates.
2.1 ¹ãÆãÌã£ãã¶ããò ããõÀ ãÊãã¼ãããÀãè ãããäÔ¦ã¾ããò (¶ã¹ããè) ¹ãÀ ãÌãÔãîÊã º¾ããã ããñ
2. Advances and Provisions thereon
ÜãããÀ ããäØãÆ½ã ªÍããÃ Øã Öõâ . 2.1 Advances are shown net of provisions and unrealised
2.2 ÌãõãäÍÌãã ÔãâãäÌã¼ããØã ½ãò ½ãã¶ãã ãããäÔ¦ã¾ããò ¹ãÀ ã Ôãã½ãã¶¾ã ¹ãÆãÌã£ãã¶ã ãÀ¶ãñ ããè interest on Non-Performing Assets (NPAs).
ããÌãÍ¾ãã¦ãã Öãñ¦ããè Öõ. ½ãã¶ãã ãããäÔ¦ã¾ããò ããè ãäÌããä¼ã¶¶ã Ñãñãä¥ã¾ããò ãñ ãäÊã ¹ãÆãÌã£ãã¶ã - 2.2 A general provision is required to be made on Standard
ªÀãò ãã Ôãâãäàã¹¦ã ãäÌãÌãÀ¥ã ¶ããèÞãñ ãäª¾ãã Øã¾ãã Öõ :- Assets on the global portfolio. The provision rates for
the different categories of Standard Assets are
ã. ¹ãÆ¦¾ãàã ãðãäÓã ããäØãÆ½ã ¦ã©ãã ÊãÜãì ããõÀ ½ã£¾ã½ã ²ã½ã 0.25% summarised below :-
ã. 20 Êããã Á¹ã Ôãñ ããä£ãã ãñ ããÌããÔããè¾ã ØãðÖ ¨ãÉ¥ã 1.00% a. Direct advances to agricultural and
Øã. Ìãõ¾ããäã¦ãã ¨ãÉ¥ã 2.00% SME Sectors 0.25%
b. Residential housing loans beyond
¹ãîâããè ºããããÀ ããñãäã½ã ãñ ãâ¦ãØãÃ¦ã ãã¶ãñ ÌããÊãñ ¨ãÉ¥ã ããõÀ Rs.20 lakhs 1.00%
ããäØãÆ½ã, Ô©ããÌãÀ Ôãâ¹ãªã (Àãè¾ãÊã Ôñ) ããñ ãäª Øã c. Personal Loans 2.00%
Ìãããä¥ããä¾ãã ¨ãÉ¥ã ¦ã©ãã ã½ããÀããäÍã ØãÆÖ¥ã ¶ã ãÀ¶ãñ ÌããÊããè
Loans and advances qualifying as capital
¹ãÆ¥ããÊããèØã¦ã ½ãÖ¦Ìã¹ãî¥ãÃ ØãõÀ ºãöãäãâØã ãäÌã§ããè¾ã ãâ¹ããä¶ã¾ããò market exposures, Commercial real estate
(¶ãºããè¹ãÔããè) ããñ ãäª Øã ¨ãÉ¥ã ããõÀ ããäØãÆ½ã loans, and Loans and advances to
systemically important NBFCs - Non
Üã. (ã), (ã) ããõÀ (Øã) ½ãò Íãããä½ãÊã ¶ã Öãñ¶ãñ ÌããÊãñ Deposit Taking
ã¶¾ã Ôã¼ããè ¨ãÉ¥ã ããõÀ ããäØãÆ½ã 0.40%
d. All other loans and advances not
included in (a), (b) and (c) 0.40%
2.3 ¼ããÀ¦ããè¾ã ãã¾ããÃÊã¾ã
2.3 Indian Offices
2.3.1 Ôã½ãÔ¦ã ããäØãÆ½ããò ããñ ÞããÀ Ñãñãä¥ã¾ããò, ã©ããÃ¦ãá (ã) ½ãã¶ãã ãããäÔ¦ã¾ããú,
2.3.1 All advances are classified under four categories, viz.
(ã) ãÌã-½ãã¶ãã ãããäÔ¦ã¾ããú, (Øã) ÔãâãäªØ£ã ãããäÔ¦ã¾ããú ããõÀ (Üã) Öããä¶ã¹ãÆª
(a) Standard Assets, (b) Sub-standard Assets,
ãããäÔ¦ã¾ããú, ½ãò ÌãØããêãð¦ã ãäã¾ãã Øã¾ãã Öõ. (c) Doubtful Assets and (d) Loss Assets.
2.3.2 ºããã¾ãã ãÊãã¼ãããÀãè ããäØãÆ½ããò ¹ãÀ ãä¶ã½¶ãÌã¦ã ¹ãÆãÌã£ãã¶ã ãäã Øã Öö (ãÌãÔãîÊã 2.3.2 Provisions are made on outstanding non-performing
º¾ããã ããñ ÜãããÀ) : advances (net of interest not realized) as under :
ãÌã-½ãã¶ãã ãããäÔ¦ã¾ããò ¹ãÀ : 10%
● ● Substandard Assets : 10%
: 20% In case of unsecured
: 20% ã¹ãÆãä¦ã¼ãî¦ã ¨ãÉ¥ã ããñãäã½ã
exposures (where
ãñ ½ãã½ãÊãñ ½ãò realisable value of
(ãÖãú ¹ãÆãÀâ¼ã Ôãñ Öãè ¹ãÆãä¦ã¼ãîãä¦ã security is not more
ãã ÌãÔãîÊããè ¾ããñØ¾ã ½ãîÊ¾ã 10 than 10 per cent, ab
initio)
¹ãÆãä¦ãÍã¦ã Ôãñ ããä£ãã ¶ãÖãé Öõ)
ÔãâãäªØ£ã ãããäÔ¦ã¾ããú
●
● Doubtful Assets
a) Unsecured portion at 100 per cent after netting
ã) ãÖãú ãÖãé ÊããØãî Öãñ, ãä¶ã¾ããÃ¦ã ¨ãÉ¥ã ØããÀâãè ãä¶ãØã½ã/ÊãÜãì ²ããñØã ¨ãÉ¥ã retainable/realisable amount of guarantee cover
ØããÀâãè ¶¾ããÔã ´ãÀã ¹ãÊãº£ã ãÀãÃ ØãÃ ØããÀâãè ÔãìÀàãã ããè Àã¶ãñ provided by Export Credit Guarantee
¾ããñØ¾ã/ÌãÔãîÊã ãÀ¶ãñ ¾ããñØ¾ã ÀããäÍã ããñ Üãã¶ãñ ãñ ºããª ã¹ãÆãä¦ã¼ãî¦ã ¼ããØã Corporation/ Credit Guarantee Trust for Small
¹ãÀ 100 ¹ãÆãä¦ãÍã¦ã Industries, wherever applicable.
97
C97 K97
ã) ¹ãÆãä¦ã¼ãî¦ã ¼ããØã b) Secured portion
ããäØãÆ½ã ããñ ÔãâãäªØ£ã ½ãã¶ãñ ãã¶ãñ ããè ãÌããä£ã Period for which the advance has been
ã ÌãÓãÃ ¦ãã 20% considered as doubtful
ã Ôãñ ¦ããè¶ã ÌãÓãÃ ¦ãã 30% Upto one year 20%
¦ããè¶ã ÌãÓãÃ Ôãñ ããä£ãã 100% One to three years 30%
● Öããä¶ã¹ãÆª ãããäÔ¦ã¾ããú 100% More than three years 100%
● ãäºãããè ããè ØãÃ ``ãäÌã§ããè¾ã ¹ããäÀÔãâ¹ããä§ã¾ããò'' ããñ ãä¶ã½¶ãã¶ãìÔããÀ ãäÞããä¶Ö¦ã ● Loss assets 100%
ãäã¾ãã Øã¾ãã Öõ : ● “Financial Assets” sold are recognised as
i) ¾ããäª ãäÌãã¾ã ½ãîÊ¾ã ãä¶ãÌãÊã ºãÖãè ½ãîÊ¾ã (¶ãºããèÌããè) Ôãñ ã½ã Öõ under :
¦ããñ Ôã ãâ¦ãÀ-ÀããäÍã ããñ Êãã¼ã Ìãâ Öããä¶ã ãã¦ãñ ½ãò ¹ãÆ¼ãããäÀ¦ã ãäã¾ãã i) In case the sale is at a price lower than the
Net Book Value (NBV), the difference is
Øã¾ãã Öõ.
charged to the Profit & Loss Account.
ii) ¾ããäª ãäÌãã¾ã ½ãîÊ¾ã ãä¶ãÌãÊã ºãÖãè ½ãîÊ¾ã (¶ãºããèÌããè) Ôãñ ããä£ãã
ii) In case the sale is at a price higher than
Öõ ¦ããñ ããä£ãÍãñÓã ¹ãÆãÌã£ãã¶ã ããñ ¹ãÆ¦¾ããÌããä¦ãÃ¦ã ¶ãÖãé ãäã¾ãã Øã¾ãã Öõ the NBV, the surplus provision is not reversed
ããõÀ ñÔããè ãÊãã¼ãããÀãè ãäÌã§ããè¾ã ãããäÔ¦ã¾ããò ããè ãäºãããè ¹ãÀ Öãñ¶ãñ and is utilised to meet the shortfall on sale
ÌããÊããè ã½ããè ãñ ãäÊã ¹ãÆ¾ããñØã ãäã¾ãã Øã¾ãã Öõ. of other such non-performing financial assets.
2.3.3. ããäØãÆ½ããò ãñ ãä¹ãÊãñ ÌãÓãÃ ãä¶ã£ããÃãäÀ¦ã ñÔãñ ãÌãÔãîÊã º¾ããã ãñ ãäÊã ¹ãÆãÌã£ãã¶ã 2.3.3. Unrealised Interest recognised in the previous year
ãäã¾ãã Øã¾ãã Öõ, ããñ ÞããÊãî ÌãÓãÃ ãñ ªãõÀã¶ã ãÊãã¼ãããÀãè Öãñ Øã Öö. on advances which have become non-performing
during the current year, is provided for.
2.3.4 ããäØãÆ½ããò ããè ¹ãì¶ãÔãÄÀÞã¶ãã/Þãìããõ¦ããè-ãã¾ãÃã½ã ãñ ¹ãì¶ããä¶ãÃ£ããÃÀ¥ã ãñ ½ãã½ãÊãñ ½ãò,
2.3.4 In case of restructuring/rescheduling of advances, the
½ãîÊã ãÀãÀ ãññ ã¶ãìÔããÀ ¼ããÌããè º¾ããã ãñ Ìã¦ãÃ½ãã¶ã ½ãîÊ¾ã ããõÀ ÔãâÍããñãä£ã¦ã ãÀãÀ difference between the present value of the future
ãñ ã¶ãìÔããÀ ¼ããÌããè º¾ããã ãñ Ìã¦ãÃ½ãã¶ã ½ãîÊ¾ã ãñ ºããèÞã ãñ ãâ¦ãÀ ãñ ãäÊã interest as per the original agreement and the present
¹ãì¶ãÔãÄÀÞã¶ãã/¹ãì¶ããä¶ã£ããÃÀ¥ã ãñ Ôã½ã¾ã ¹ãÆãÌã£ãã¶ã ãäã¾ãã Øã¾ãã Öõ. value of the future interest as per the revised
agreement is provided for at the time of restructuring/
2.4 ãäÌãªñÍã ãäÔ©ã¦ã ãã¾ããÃÊã¾ã rescheduling.
2.4.1 ããäØãÆ½ããò ãã ÞããÀ Ñãñãä¥ã¾ããò ½ãò Ôããè ¹ãÆããÀ ÌãØããêãÀ¥ã ãäã¾ãã Øã¾ãã Öõ ãõÔãã 2.4 Foreign Offices
¼ããÀ¦ã ãäÔ©ã¦ã ãã¾ããÃÊã¾ããò ãñ Ôãâºãâ£ã ½ãò ãäã¾ãã ãã¦ãã Öõ. 2.4.1 Advances are classified under four categories in line
2.4.2 Ô©ãã¶ããè¾ã ãã¶ãî¶ã ¾ãã ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ ½ãã¶ãªâ¡ãò ½ãò Ôãñ ããñ ¼ããè ããä£ãã ©ãã, with those of Indian Offices.
Ôããñ ã¶ãìÔããÀ ãÊãã¼ãããÀãè ããäØãÆ½ããò ãñ Ôãâºãâ£ã ½ãò ¹ãÆãÌã£ãã¶ã ãäã Øã Öö. 2.4.2 Provisions in respect of non-performing advances are
made as per the local law or as per the norms of
3. ãäÌããä¶ã£ãã¶ã RBI, whichever is higher.
3.1 ãäÌããä¶ã£ãã¶ããò ãã 3 Ñãñãä¥ã¾ããò, ã©ããÃ¦ãá `Ì¾ãÌãÔãã¾ã ãñ ãäÊã Àãñ Øã', `ãäÌãã¾ã 3. Investments
ãñ ãäÊã ¹ãÊãº£ã' ããõÀ `¹ããäÀ¹ããÌã¦ãã ãñ ãäÊã Àãñ Øã' ½ãò ÌãØããêãÀ¥ã ãäã¾ãã 3.1 Investments are classified into 3 categories, viz.
Øã¾ãã Öõ. ‘Held for Trading’, ‘Available for Sale’ and ‘Held
¶ã Ñãñãä¥ã¾ããò ½ãò ¹ãÆ¦¾ãñã Ñãñ¥ããè ãñ ãâ¦ãØãÃ¦ã ãäÌããä¶ã£ãã¶ããò ããñ ¹ãì¶ã: ãä¶ã½¶ãã¶ãìÔããÀ to Maturity’ :
Ö Ôã½ãîÖãò ½ãò ÌãØããêãð¦ã ãäã¾ãã Øã¾ãã Öõ : Under each of these categories, investments are
further classified under following six groups :
i) ÔãÀããÀãè ¹ãÆãä¦ã¼ãîãä¦ã¾ããú
i) Government Securities
ii) ã¶¾ã ã¶ãì½ããñãäª¦ã ¹ãÆãä¦ã¼ãîãä¦ã¾ããú
iii) Íãñ¾ãÀ ii) Other Approved Securities
iv) ãä¡ºãòÞãÀ ããõÀ ºããâ¡ iii) Shares
v) ã¶ãìÓãâãäØã¾ããò /Ôãâ¾ãìã¦ã ²ã½ããò ½ãò ãäã Øã ãäÌããä¶ã£ãã¶ã ¦ã©ãã iv) Debentures and Bonds
vi) ã¶¾ã ãäÌããä¶ã£ãã¶ã v) Investments in Subsidiaries/Joint Ventures and
3.1.1 ¶ã ãäÌããä¶ã£ãã¶ããò ããñ `Ì¾ãÌãÔãã¾ã ãñ ãäÊã Àãñ Øã'' Ñãñ¥ããè ãñ ãâ¦ãØãÃ¦ã ÌãØããêãð¦ã vi) Other Investments
ãäã¾ãã Øã¾ãã Öõ ããñ ºãöã ´ãÀã ãÊ¹ããÌããä£ã ½ãîÊ¾ã/º¾ããã-ªÀ Üã-ºãü¤ ãã ¹ãã¾ãªã ããÀ 3.1.1 Investments that are acquired by the Bank with the
Ì¾ãÌãÔãã¾ã ãÀ¶ãñ ãñ ããä¼ã¹ãÆã¾ã Ôãñ ããä¼ãØãðÖãè¦ã ãäã Øã Öö. ñÔãñ ãäÌããä¶ã£ãã¶ããò ããñ intention to trade by taking advantage of short term
ããä¼ãØãÆÖ¥ã ããè ãä¦ããä©ã Ôãñ 90 ãäª¶ã ¦ãã Ôã Ñãñ¥ããè ãñ ãâ¦ãØãÃ¦ã Àãã ãã¦ãã Öõ. price /interest rate movement are classified under
`Held for Trading'. These investments are held under
3.1.2 ¶ã ãäÌããä¶ã£ãã¶ããò ããñ `¹ããäÀ¹ããÌã¦ãã ãñ ãäÊã Àãñ Øã' Ñãñ¥ããè ãñ ãâ¦ãØãÃ¦ã ÌãØããêãð¦ã this category upto 90 days from the date of acquisition.
ãäã¾ãã Øã¾ãã Öõ ãäã¶Öò ¹ããäÀ¹ããÌã¦ãã ¦ãã Àãã ãã¦ãã Öõ. 3.1.2 Investments which are intended to be held up to
3.1.3 ãäã¶ã ãäÌããä¶ã£ãã¶ããò ããñ ¹ã¾ãìÃã¦ã ½ãò Ôãñ ãäãÔããè ã Ñãñ¥ããè ãñ ãâ¦ãØãÃ¦ã ÌãØããêãð¦ã maturity are classified as ‘Held to Maturity’.
¶ãÖãé ãäã¾ãã Øã¾ãã Öõ, ¶Öò `ãäÌãã¾ã ãñ ãäÊã ¹ãÊãº£ã' ããè Ñãñ¥ããè ãñ Â¹ã 3.1.3 Investments which are not classified in either of the
½ãò ÌãØããêãð¦ã ãäã¾ãã Øã¾ãã Öõ. above categories are classified as ‘Available for Sale’.
3.2 ½ãîÊ¾ã¶ã 3.2 Valuation
3.2.1 ãäãÔããè ãäÌããä¶ã£ãã¶ã ããè ããä¼ãØãÆÖ¥ã-ÊããØã¦ã ãã ãä¶ã£ããÃÀ¥ã ãÀ¶ãñ ½ãò: 3.2.1 In determining the acquisition cost of an investment:
(ã) ããä¼ãªã¶ããò ¹ãÀ ¹ãÆã¹¦ã ªÊããÊããè/ã½ããèÍã¶ã ããñ ¹ãÆãä¦ã¼ãîãä¦ã¾ããò ããè ÊããØã¦ã ½ãò Ôãñ (a) Brokerage/commission received on subscriptions is
Üãã ãäª¾ãã Øã¾ãã Öõ. deducted from the cost of securities.
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C98 K98
(ã) ¹ãÆãä¦ã¼ãîãä¦ã¾ããò ãñ ããä¼ãØãÆÖ¥ã ãñ Ôãâºãâ£ã ½ãò Ôãâª§ã ªÊããÊããè, ã½ããèÍã¶ã ããõÀ Ôãâ¹ã- (b) Brokerage, commission and stamp duty paid in
ÍãìÊã ããñ ÀããÔÌã Ì¾ã¾ã ½ãã¶ãã Øã¾ãã Öõ. connection with acquisition of securities are treated
as revenue expenses.
(Øã) ¹ãÆãä¦ã¼ãîãä¦ã¾ããò ãñ ããä¼ãØãÆÖ¥ã ããè ãä¦ããä©ã ¦ãã ¹ãÆãñªá¼ãî¦ã º¾ããã ã©ããÃ¦ãá ãâãä¡¦ã-
(c) Interest accrued upto the date of acquisition of
ãÌããä£ã º¾ããã ããñ ããä¼ãØãÆÖ¥ã-ÊããØã¦ã ½ãò Íãããä½ãÊã ¶ã ãÀãñ º¾ããã Ì¾ã¾ã ãñ securities i.e. broken-period interest, is excluded
Â¹ã ½ãò Íãããä½ãÊã ãäã¾ãã Øã¾ãã Öõ. ¹ãÆãä¦ã¼ãîãä¦ã¾ããñâ ãñ ãäÌããÆ¾ã ¹ãÀ ¹ãÆã¹¦ã ãâãä¡¦ã- from the acquisition cost and recognized as interest
ãÌããä£ã º¾ããã ããñ º¾ããã ãã¾ã ãñ Â¹ã ½ãñâ Íãããä½ãÊã ãäã¾ãã Øã¾ãã Öõ. expense. Broken-period interest received on sale of
(Üã) ÊããØã¦ã ãã ãä¶ã£ããÃÀ¥ã ¼ãããäÀ¦ã ããõÔã¦ã ÊããØã¦ã ¹ãÆ¥ããÊããè ãñ ã¶ãìÔããÀ ãäã¾ãã Øã¾ãã Öõ. securities is recognized as interest income.
(Ý) ¹ãÆãä¦ã¼ãîãä¦ã ãñ ãâ¦ãÀ¥ã (ã Ñãñ¥ããè Ôãñ ã¶¾ã Ñãñ¥ããè ½ãò) ããñ ãâ¦ãÀ¥ã ããè ãä¦ããä©ã (d) Cost is determined on the weighted average cost
method.
ããñ ã½ã Ôãñ ã½ã ããä¼ãØãÆÖ¥ã ÊããØã¦ã / ºãÖãè ½ãîÊ¾ã / ºããããÀ ½ãîÊ¾ã ãñ ã¶ãìÔããÀ
(e) The transfer of a security (from one category to
Êãñãñ ½ãò ãäÊã¾ãã Øã¾ãã Öõ ¦ã©ãã ñÔãñ ãâ¦ãÀ¥ã ¹ãÀ Öì ½ãîÊ¾ãÖÆãÔã, ¾ããäª Öãñ
another) is accounted for at the least of acquisition
¦ããñ, ããñ ããõ¦ããè ãñ Á¹ã ½ãò Êãã¼ã ããõÀ Öããä¶ã ãã¦ãã - `ãäÌããä¶ã£ãã¶ããò ãñ cost/book value/market value on the date of transfer
¹ãì¶ã½ãîÃÊ¾ããâã¶ã ¹ãÀ Êãã¼ã' ½ãò ¹ãÆ¼ãããäÀ¦ã ãäã¾ãã Øã¾ãã Öõ. and the depreciation, if any, on such transfer is
3.2.2 `Ì¾ãÌãÔãã¾ã ãñ ãäÊã Àãñ Øã' Ñãñ¥ããè ãñ ãâ¦ãØãÃ¦ã ÌãØããêãð¦ã ¹ãÆ¦¾ãñã ãäÔã¹ã, charged to Profit and Loss Account - “Profit on
Revaluation of Investments” as a deduction.
ãã ½ãîÊ¾ã¶ã, ºãÖãè-½ãîÊ¾ã ¾ãã ºããããÀ-½ãîÊ¾ã Ôãñ ã½ã ¹ãÀ ãäã¾ãã Øã¾ãã Öõ.
3.2.2 Individual scrips classified under ‘Held for Trading‘
¹ãÆãä¦ã¼ãîãä¦ã¾ããò ãã ½ãîÊ¾ã¶ã ãäÔã¹ãÌããÀ ãäã¾ãã Øã¾ãã Öõ ããõÀ ¹ãÆ¦¾ãñã ÌãØããêãÀ¥ã
category are valued at lower of book value or market
ãñ ãäÊã ½ãîÊ¾ãÖÆãÔã/½ãîÊ¾ãÌãðãä® ããñ Ôã½ãîãäÖ¦ã ãäã¾ãã Øã¾ãã Öõ. ¹ãÆ¦¾ãñã ÌãØããêãÀ¥ã value. Securities are valued scrip-wise and
ãñ ãä¶ãÌãÊã ½ãîÊ¾ãÖÆãÔã, ¾ããäª Öãñ ¦ããñ, ãã ¹ãÆãÌã£ãã¶ã ãäã¾ãã Øã¾ãã Öõ, ãºããäã depreciation/appreciation is aggregated for each
ãä¶ãÌãÊã ½ãîÊ¾ãÌãðãä® ããñ Íãããä½ãÊã ¶ãÖãé ãäã¾ãã Øã¾ãã Öõ. ãäÔã¹ããò ãã ºãÖãè ½ãîÊ¾ã classification. Net depreciation in each classification,
ãä¶ãÀâ¦ãÀ ã¹ããäÀÌããä¦ãÃ¦ã ÀÖã Öõ. if any, is provided for while net appreciation is
ignored. The book value of the scrips continue to
3.2.3 `¹ããäÀ¹ããÌã¦ãã ãñ ãäÊã Àãñ Øã' (Þããè½ã) Ñãñ¥ããè ãñ ãâ¦ãØãÃ¦ã ãã¶ãñÌããÊãñ remain unchanged.
ãäÌããä¶ã£ãã¶ã ããñ ããä¼ãØãÆÖ¥ã-ÊããØã¦ã ¹ãÀ ãäÊã¾ãã Øã¾ãã Öõ. ãÖãú ãÖãé ºãÖãè-½ãîÊ¾ã 3.2.3 Investments under ‘Held to Maturity’ (HTM) category
ãâãäã¦ã ½ãîÊ¾ã/¹ãÆãä¦ãªã¶ã ½ãîÊ¾ã Ôãñ ããä£ãã Öãñ¦ãã Öõ, ã¶¾ã Ñãñ¥ããè Ôãñ ããä¼ãØãÆÖ¥ã are carried at acquisition cost. Wherever the book
¾ãã ãâ¦ãÀ¥ã ãñ ¹ãÆãèãä½ã¾ã½ã ããñ ÌãÖãú ãä¶ã¾ã¦ã ãã¾ã ¹ã®ãä¦ã (ÔããèÌããÃ½ã) ãñ value is higher than the face value/redemption value,
¹ãÆ¾ããñØã ´ãÀã ºãÞããè ÖìÃ ¹ããäÀ¹ããÌã¦ãã ãÌããä£ã ½ãò ¹ããäÀÍããñãä£ã¦ã ãäã¾ãã Øã¾ãã Öõ. the premium on acquisition or on transfer from
another category is amortised over the remaining
¹ããäÀÍããñãä£ã¦ã Öããä¶ã ããñ ããõ¦ããè ãñ Á¹ã ½ãò Êãã¼ã ããõÀ Öããä¶ã ãã¦ãã - `ãäÌããä¶ã£ãã¶ããò
period to maturity of the security using Constant
ãñ ¹ãì¶ã½ãîÃÊ¾ããâã¶ã ¹ãÀ Êãã¼ã' ½ãò ¹ãÆ¼ãããäÀ¦ã ãäã¾ãã Øã¾ãã Öõ. ¹ãÆãä¦ã¼ãîãä¦ã ãñ ºãÖãè Yield Method (CYM). Amortisation loss is charged
½ãîÊ¾ã ããñ ¹ããäÀÍããñãä£ã¦ã ÀããäÍã ããè ½ãã¨ãã ¦ãã ã½ã Àãã Øã¾ãã Öõ. to Profit and Loss Account - “Profit on Revaluation
3.2.4 `ãäÌãã¾ã ãñ ãäÊã ¹ãÊãº£ã' Ñãñ¥ããè ãñ ãâ¦ãØãÃ¦ã ãã¶ãñÌããÊãñ ãäÌããä¶ã£ãã¶ããò ãã ½ãîÊ¾ã¶ã - ÊããØã¦ã of Investments” as a deduction. The book value of
the security is reduced to the extent of the amount
¾ãã ºããããÀ- ½ãîÊ¾ã ½ãò, ããñ ¼ããè ã½ã ©ãã, ¹ãÀ ãäã¾ãã Øã¾ãã Öõ. ãÖãú ºããããÀ- amortised.
¼ããÌã ¹ãÊãº£ã ¶ãÖãé ©ãã, ÌãÖãú Ôã ¹ãÆ¾ããñã¶ã Öñ¦ãì ºããããÀ-½ãîÊ¾ã ããè Øã¥ã¶ãã
3.2.4 Investments under ‘Available for Sale’ category are
ÌãÔãîÊããè¾ããñØ¾ã ºããããÀ ½ãîÊ¾ã ãñ ãã£ããÀ ¹ãÀ ããè ØãÃ Öõ ããõÀ ¾ãÖ ÌãÔãîÊããè¾ããñØ¾ã valued at cost or market value, whichever is lower.
ºããããÀ ½ãîÊ¾ã - Øã¥ã¶ãã ãä¹ããÔ¡ ¶ãã½ã ½ã¶ããè ½ãããó â¡ ¡ñÀãèÌãñãäÌÔã Where market quotations are not available, market
ÔããñãäÔãÍã¶ã ããù¹ã âãä¡¾ãã (¹ããã½ã½ã¡ãè) / ¹ãÆã½ãÀãè ¡ãèÊãÔãÃ value for this purpose is arrived at on the basis of
ÔããñãäÔãÍã¶ã ããù¹ã âãä¡¾ãã (¹ããè¡ãèããÃ) / ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ ãäªÍãã- realizable market price computed as per the guidelines
ãä¶ãªóÍããò ãñ ãã£ããÀ ¹ãÀ ããè ØãÃ Öõ. ¹ãÆãä¦ã¼ãîãä¦ã¾ããò ãã ½ãîÊ¾ã¶ã ãäÔã¹ãÌããÀ ãäã¾ãã of the Fixed Income Money Market and Derivatives
Association of India (FIMMDA) / Primary Dealers
Øã¾ãã Öõ ããõÀ ¹ãÆ¦¾ãñã ÌãØããêãÀ¥ã ãñ ãäÊã, ½ãîÊ¾ãÖÆãÔã/½ãîÊ¾ãÌãðãä® ããñ Ôã½ãîãäÖ¦ã Association of India (PDAI) / RBI. Securities are
ãäã¾ãã Øã¾ãã Öõ. ¹ãÆ¦¾ãñã ÌãØããêãÀ¥ã ½ãò ãä¶ãÌãÊã ½ãîÊ¾ãÖÆãÔã, ¾ããäª Öãñ ¦ããñ, ãã valued scrip-wise and depreciation/appreciation is
¹ãÆãÌã£ãã¶ã ãäã¾ãã Øã¾ãã Öõ ãºããäã ãä¶ãÌãÊã ½ãîÊ¾ãÌãðãä® ããñ Íãããä½ãÊã ¶ãÖãé ãäã¾ãã aggregated for each classification. Net depreciation in
Øã¾ãã Öõ. ãäÔã¹ããò ãã ºãÖãè-½ãîÊ¾ã ãä¶ãÀâ¦ãÀ ã¹ããäÀÌããä¦ãÃ¦ã ÀÖ¦ãã Öõ. each classification, if any, is provided for while net
appreciation is ignored. The book value of the scrips
3.2.5 ÀããÔÌã ãäºãÊããò ããõÀ Ìãããä¥ããä¾ãã ¹ã¨ããò ãã ½ãîÊ¾ã¶ã ÊããØã¦ã - ãã£ããÀ ¹ãÀ ãäã¾ãã continues to remain unchanged.
Øã¾ãã Öõ. 3.2.5 Treasury Bills and Commercial Papers are valued
3.2.6 ã¶ãìÓãâãäØã¾ããò ããõÀ Ôãâ¾ãìã¦ã ²ã½ããò (¼ããÀ¦ã ããõÀ ãäÌãªñÍã ªãñ¶ããò ½ãò) ½ãò ãäÌããä¶ã£ãã¶ããò at cost.
ãã ½ãîÊ¾ã¶ã ¹ãÆãÌã£ãã¶ããò ããè ÀããäÍã, ¾ããäª ããñÃ ©ããè, ¦ããñ Ôãñ Üãã¶ãñ ãñ ºããª 3.2.6 Investments in subsidiaries and joint ventures (both
ãÌããä£ãØã¦ã ÊããØã¦ã ãã£ããÀ ¹ãÀ ãäã¾ãã Øã¾ãã Öõ. in India and abroad) are valued at historical cost after
netting off provisions, if any.
3.2.7 ãÊãã¼ãããÀãè ãäÌããä¶ã£ãã¶ããò ããñ ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ ãäªÍãã-ãä¶ãªóÍããòâ ãñ ã¶ãìÔããÀ
3.2.7 Non-Performing Investments are recognised as per
ãäÞããä¶Ö¦ã ãäã¾ãã Øã¾ãã Öõ ããõÀ ¶ã ¹ãÀ ¹ãÆãÌã£ãã¶ã ãÊãã¼ãããÀãè ããäØãÆ½ããòâ ãñ ãäÊã RBI guidelines and provision is made as per RBI
ÊããØãî ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ ½ãã¶ãªâ¡ãñ ãñ ã¶ãìÔããÀ ãäã¾ãã Øã¾ãã Öõ. norms applicable to Non-Performing Advances.
3.2.8 àãñ¨ããè¾ã ØãÆã½ããè¥ã ºãöããñ (ããÀããÀºããè) ãñ ãäÌããä¶ã£ãã¶ããò ãã ½ãîÊ¾ã¶ã ÀããÌã ÊããØã¦ã 3.2.8 Investments in Regional Rural Banks (RRBs) are
(ã©ããÃ¦ã ºãÖãè-½ãîÊ¾ã) ¹ãÀ ãäã¾ãã Øã¾ãã Öõ. valued at carrying cost (i.e. book value)
3.3 ãäÀ¹ããñ ¦ã©ãã ¹ãÆ¦¾ããÌããä¦ãÃ¦ã ãäÀ¹ããñ Êãñ¶ãªñ¶ã [¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ Ôãã©ã ÞãÊããä¶ããä£ã 3.3 The Bank has adopted the Uniform Accounting
Procedure prescribed by the RBI for accounting of
Ôã½ãã¾ããñã¶ã ÔãìãäÌã£ãã (Êã¹ã) ãñ ã£ããè¶ã Êãñ¶ãªñ¶ã ãñ ãÊããÌãã] ããñ Êãñãñ Repo and Reverse Repo transactions [other than
½ãò Êãñ¶ãñ ãñ ãäÊã ºãöã ¶ãñ ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ´ãÀã ãä¶ã£ããÃãäÀ¦ã Ôã½ãã¶ã Êãñãã transactions under the Liquidity Adjustment facility
¹ãÆãäã¾ãã ããñ ã¹ã¶ãã¾ãã Öõ. ¦ãª¶ãìÁ¹ã, ãäÀ¹ããñ/¹ãÆ¦¾ããÌããä¦ãÃ¦ã ãäÀ¹ããñ ãñ ã£ããè¶ã ãäÌãã¾ã/ (LAF) with the RBI]. Accordingly, the securities sold/
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ã¾ã ããè ØãÃ ¹ãÆãä¦ã¼ãîãä¦ã¾ããñâ ããñ ã½ãìÍ¦ã ãäÌãã¾ã /ã¾ã ½ãã¶ãã Øã¾ãã Öõ ããõÀ purchased under Repo/Reverse Repo are treated as
¶Öò ãäÀ¹ããñ/¹ãÆ¦¾ããÌããä¦ãÃ¦ã ãäÀ¹ããñ ãã¦ããò ãñ Êãñãñ ½ãò ãäÊã¾ãã Øã¾ãã Öõ ¦ã©ãã ¹ãÆãäÌããäÓ¾ããò outright sales/ purchases and accounted for in the
Repo/Reverse Repo Accounts and the entries are
ãã ¹ããäÀ¹ããÌã¦ãã ãä¦ããä©ã ããñ ¹ãÆ¦¾ããÌã¦ãÃ¶ã ãäã¾ãã Øã¾ãã Öõ. ÊããØã¦ã Ìãâ ÀããÔÌã
reversed on the date of maturity. Costs and revenues
ããñ ¾ã©ãããäÔ©ããä¦ã º¾ããã Ì¾ã¾ã/ãã¾ã ãñ Á¹ã ½ãò Êãñãñ ½ãò ãäÊã¾ãã Øã¾ãã Öõ. ãäÀ¹ããñ/ are accounted as interest expenditure/income, as the
¹ãÆ¦¾ããÌããä¦ãÃ¦ã ãäÀ¹ããñ ãã¦ãñ ããè ÍãñÓã ÀããäÍã ãã Ôã½ãã¾ããñã¶ã ãäÌããä¶ã£ãã¶ã ãã¦ãñ ããè case may be. Balance in Repo/Reverse Repo Account
ÍãñÓã ÀããäÍã ãñ Ôãã¹ãñàã ãäã¾ãã Øã¾ãã Öõ. is adjusted against the balance in the Investment
¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ Ôãã©ã ÞãÊããä¶ããä£ã Ôã½ãã¾ããñã¶ã ÔãìãäÌã£ãã (Êã¹ã) Account.
ãñ ã£ããè¶ã ã¾ã /ãäºãããè ããè ØãÃ ¹ãÆãä¦ã¼ãîãä¦ã¾ããò ããñ ãäÌããä¶ã£ãã¶ã ãã¦ãñ ½ãò ¶ãã½ãñ/ Securities purchased/sold under LAF with RBI are
debited/credited to Investment Account and reversed
ã½ãã ãäã¾ãã Øã¾ãã Öõ ããõÀ ¶ãããñ Êãñ¶ãªñ¶ã ããè ¹ããäÀ¹ããÌã¦ãã ããè ãä¦ããä©ã ããñ
on maturity of the transaction. Interest expended/
¹ãÀ ¹ãÆ¦¾ããÌããä¦ãÃ¦ã ãäã¾ãã Øã¾ãã Öõ. ¶ã ¹ãÀ ããäãÃ¦ã º¾ããã ããñ Ì¾ã¾ã/ÀããÔÌã earned thereon is accounted for as expenditure/
ãñ Á¹ã ½ãò Êãñãñ ½ãò ãäÊã¾ãã Øã¾ãã Öõ. revenue.
4. ¡ñÀãèÌãñãäÌÔã : 4. Derivatives :
Ìã¦ãÃ½ãã¶ã ½ãò ºãöã º¾ããã ªÀ ¡ñÀãèÌãñãäÌÔã, ã©ããÃ¦ãá Á¹ã¾ãã º¾ããã ªÀ ãäÌããä¶ã½ã¾ã, ¹ãÀÔ¹ãÀ The Bank presently deals in Interest Rate Derivatives
viz.Rupee Interest Rate Swaps, Cross Currency Interest Rate
½ãì³ã º¾ããã ªÀ ãäÌããä¶ã½ã¾ã ããõÀ Ìãã¾ãªã ªÀ ãÀãÀ ¦ã©ãã ½ãì³ã ¡ñÀãèÌãñãäÌÔã ã©ããÃ¦ãá ãäÌããÊ¹ã
Swaps and Forward Rate Agreements, and Currency
ããõÀ ½ãì³ã Ìãã¾ãªã ¡ñÀãèÌãñãäÌÔã, ãã Êãñ¶ãªñ¶ã ãÀ¦ãã Öõ. ºãöã ÔãâÀÞã¶ããØã¦ã ¦¹ããª ÔãâãäÌã¼ããØã Derivatives viz. Options and Currency Forwards. The Bank
ãñ ã£ããè¶ã ¶ã Ôãã½ãã¶¾ã ãä½ããäÑã¦ã ãäÊãã¦ããò ãã ¼ããè Êãñ¶ãªñ¶ã ãÀ¦ãã Öõ. also deals in a mix of these generic instruments, under the
4.1 ¡ñÀãèÌãñãäÌÔã ãã ½ãîÊ¾ã¶ã ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ ãäªÍãã-ãä¶ãªóÍããò ãñ ãã£ããÀ portfolio of Structured Products.
¹ãÀ ãä¶ã½¶ãã¶ãìÔããÀ ãäã¾ãã Øã¾ãã Öõ: 4.1 Based on RBI guidelines, Derivatives are valued as
under :
ã) Ì¾ãã¹ããÀ ãñ ãäÊã ¹ãÆ¾ãìã¦ã ¡ñÀãèÌãñãäÌÔã ããñ ºããããÀ-½ãîÊ¾ã ã¶ãìÔããÀ ºãÖãè ½ãò
a) Derivatives used for trading are marked to market and
ãâãäã¦ã ãäã¾ãã Øã¾ãã Öõ ¦ã©ãã ãä¶ãÌãÊã ½ãîÊ¾ãÌãðãä®/½ãîÊ¾ãÖÆãÔã ããñ Êãã¼ã ããõÀ net appreciation/ depreciation is recognised in the
Öããä¶ã ãã¦ãñ ½ãò Íãããä½ãÊã ãäã¾ãã Øã¾ãã Öõ. Profit and Loss Account.
ã) ¹ãÆãä¦ãÀàãã ãñ ãäÊã ¹ãÆ¾ãìã¦ã ¡ñÀãèÌãñãäÌÔã ããñ : b) Derivatives used for hedging are :
i) ¶ã ãäÔ©ããä¦ã¾ããò ½ãò ºããããÀ-½ãîÊ¾ã ã¶ãìÔããÀ ºãÖãè ½ãò ãâãäã¦ã ãäã¾ãã Øã¾ãã i) Marked to market in cases where the underlying
Öõ, ãÖãú ãã£ããÀ ãããäÔ¦ã¾ããò/ªñ¾ã¦ããããò ããñ ºããããÀ-½ãîÊ¾ã ã¶ãìÔããÀ ºãÖãè Assets/Liabilities are marked to market. The
½ãò ãâãäã¦ã ãäã¾ãã ãã¶ãã Öõ. ¹ããäÀ¥ãã½ããè Êãã¼ã/Öããä¶ã ããñ Êãã¼ã ããõÀ Öããä¶ã resultant gain/loss is recognised in the Profit &
Loss Account.
ãã¦ãñ ½ãò ãäÞããä¶Ö¦ã ãäã¾ãã Øã¾ãã Öõ.
ii) Accounted on accrual basis in cases where the
ii) ¶ã ãäÔ©ããä¦ã¾ããò ½ãò ¹ãÆãñªá¼ãî¦ã ãã£ããÀ ¹ãÀ Êãñãñ ½ãò ãäÊã¾ãã Øã¾ãã Öõ, ãÖãú underlying Assets/Liabilities are not marked to
ãã£ããÀ ãããäÔ¦ã¾ããò/ªñ¾ã¦ããããò ããñ ºããããÀ-½ãîÊ¾ã ã¶ãìÔããÀ ºãÖãè ½ãò ãâãäã¦ã market.
¶ãÖãé ãäã¾ãã ãã¶ãã Öõ. The net outstanding marked to market position of
¹ãÆ¦¾ãñã ¡ñÀãèÌãñãäÌÔã ãñ ºããããÀ-½ãîÊ¾ã ããè ãä¶ãÌãÊã ºããã¾ãã ãäÔ©ããä¦ã ããñ, each type of derivative is shown either under Asset
or Liability, as the case may be.
¾ã©ãããäÔ©ããä¦ã, ãããäÔ¦ã ¾ãã ªñ¾ã¦ãã ãñ ãâ¦ãØãÃ¦ã ãäªãã¾ãã Øã¾ãã Öõ.
5. Fixed Assets and Depreciation
5. ãÞãÊã ãããäÔ¦ã¾ããú ããõÀ ½ãîÊ¾ãÖÆãÔã
5.1 Premises and other fixed assets are accounted on
5.1 ¹ããäÀÔãÀ ããõÀ ã¶¾ã ãÞãÊã ãããäÔ¦ã¾ããò ããñ ãÌããä£ãØã¦ã ÊããØã¦ã ãã£ããÀ ¹ãÀ Êãñãñ historical cost basis.
½ãò ãäÊã¾ãã Øã¾ãã Öõ. 5.2 Depreciation is provided on the written down
5.2 ½ãîÊ¾ãÖÆãÔã ãã ¹ãÆãÌã£ãã¶ã ÖÆããäÔã¦ã ½ãîÊ¾ã ¹ã®ãä¦ã ãñ ã¶ãìÔããÀ ãã¾ããÀ ãä¶ã¾ã½ããÌãÊããè, value method at the rates prescribed under the
Income Tax Rules, 1962, which are considered
1962 ãñ ãâ¦ãØãÃ¦ã ãä¶ã£ããÃãäÀ¦ã ªÀãò ¹ãÀ Ôããè ½ãîÊ¾ãÖÆãÔã ãñ ãäÊã ãäã¾ãã Øã¾ãã
appropriate by the management. In respect of
Öõ ãäãÔãñ ¹ãÆºãâ£ã¶ã ´ãÀã ãäÞã¦ã Ôã½ã¢ãã Øã¾ãã Öõ. ãâ¹¾ãîÀãò ãñ Ôãâºãâ£ã ½ãò, ½ãîÊ¾ãÖÆãÔã computers, depreciation is provided on straight
ãã ¹ãÆãÌã£ãã¶ã 33.33% ÌãããäÓãÃã ªÀ ¹ãÀ Ôããè£ããè ããõ¦ããè ¹ãÆ¥ããÊããè ãñ ãã£ããÀ line method @ 33.33% per annum, as per RBI
¹ãÀ ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ ãäªÍãã-ãä¶ãªóÃÍããò ãñ ã¶ãìÔããÀ ãäã¾ãã Øã¾ãã Öõ. Öã¡ÃÌãñ¾ãÀ guidelines. Computer software not forming an
ãñ ããä¼ã¶¶ã ãâØã ãñ Â¹ã ½ãò ¶ã Íãããä½ãÊã ãâ¹¾ãîÀ Ôãã¹ãÌãñ¾ãÀ ãã ãÀãèª- integral part of hardware is depreciated fully in the
ÌãÓãÃ ãñ ªãõÀã¶ã ¹ãî¥ãÃ¦ã¾ãã ½ãîÊ¾ãÖÆãÔã ãäã¾ãã Øã¾ãã Öõ. year of purchase.
5.3 Assets costing upto Rs.1000/- are charged off to the
5.3 Á.1000/- (ã ÖããÀ Á¹ã) ¦ãã ããè ÊããØã¦ã ÌããÊããè ãããäÔ¦ã¾ããò ããñ Êãã¼ã
Profit and Loss Account.
ããõÀ Öããä¶ã ãã¦ãñ ½ãò ¹ãÆ¼ãããäÀ¦ã ãäã¾ãã Øã¾ãã Öõ.
5.4 In respect of fixed assets held at Foreign Offices,
5.4 ãäÌãªñÍã ãäÔ©ã¦ã ãã¾ããÃÊã¾ããò ½ãò £ãããäÀ¦ã ãÞãÊã ãããäÔ¦ã¾ããò ¹ãÀ ½ãîÊ¾ãÖÆãÔã ãã ¹ãÆãÌã£ãã¶ã depreciation is provided as per the laws/norms of the
Ôãâºãâãä£ã¦ã ªñÍã ãñ Ô©ãã¶ããè¾ã ãã¶ãî¶ã/½ãã¶ãªâ¡ãò ãñ ã¶ãìÔããÀ ãäã¾ãã Øã¾ãã Öõ. respective countries.
5.5 ¹ãáñ ¹ãÀ ãäÊã Øã ¹ããäÀÔãÀãò ãñ Ôãâºãâ£ã ½ãò, ¹ãáã-ÀããäÍã ¹ãáñ ããè ãÌããä£ã 5.5 In respect of leasehold premises, the lease amount
ãñ ã¶ãìÂ¹ã ¹ããäÀÍããñãä£ã¦ã ããè ØãÃ Öõ. is amortised over the period of lease.
6. Assets given on Lease

6. ¹ãáñ ¹ãÀ ªãè ØãÃ ãããäÔ¦ã¾ããú
6.1 In respect of assets given on lease by the Bank on
6.1 ºãöã ´ãÀã 31 ½ããÞãÃ 2001 ããñ ¾ãã ÔãÔãñ ¹ãîÌãÃ ¹ãáñ ¹ãÀ ªãè ØãÃ ãããäÔ¦ã¾ããò or before 31st March 2001, the value of the assets
ãñ Ôãâºãâ£ã ½ãò ¹ãáñ ¹ãÀ ªãè ØãÃ ãããäÔ¦ã¾ããò ãã ½ãîÊ¾ã ããõÀ ¹ãáñ ¹ãÀ ªãè ãã¶ãñÌããÊããè given on lease and the amounts paid as advance for
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ãããäÔ¦ã¾ããò ¹ãÀ ããäØãÆ½ã ãñ Â¹ã ½ãò Ôãâª§ã ÀããäÍã¾ããò ããñ ã½ãÍã: ``¹ãáããð¦ã assets to be given on lease are disclosed as “Leased
ãããäÔ¦ã¾ããú'' ããõÀ ``ÞãÊã ÀÖñ ¹ãîâããèØã¦ã ãã¾ãÃ (¹ãáããð¦ã ãããäÔ¦ã¾ããú)'' ãñ Â¹ã Assets’’ and “Capital Work-in-progress (Leased
Assets)’’ respectively under fixed assets. Depreciation
½ãò ãÞãÊã ãããäÔ¦ã¾ããò ãñ ãâ¦ãØãÃ¦ã ªÍããÃ¾ãã Øã¾ãã Öõ. ½ãîÊ¾ãÖÆãÔã ãã ¹ãÆãÌã£ãã¶ã is provided on straight line method as per the
ãâ¹ã¶ããè ããä£ããä¶ã¾ã½ã, 1956 ãñ ã¶ãìÔããÀ Ôããè£ããè ããõ¦ããè ¹ãÆ¥ããÊããè ãñ ãã£ããÀ Companies Act, 1956, and the difference between the
¹ãÀ ãäã¾ãã Øã¾ãã Öõ ããõÀ ÌãããäÓãÃã ¹ãáã ÍãìÊã (¹ãîâããè-ÌãÔãîÊããè) Ìãâ ½ãîÊ¾ãÖÆãÔã annual lease charge (capital recovery) and the
ãã ãâ¦ãÀ ããÃÔããèããÃ ´ãÀã ããÀãè ãäªÍãã-ãä¶ãªóÍããò ãñ ã¶ãìÔããÀ ¹ãáã depreciation is taken to Lease Equalisation Account
Ôã½ãã¶ããèãÀ¥ã Êãñãñ ½ãò ãäÊã¾ãã Øã¾ãã Öõ. as per the guidelines issued by the ICAI.
6.2 Assets given on lease by the Bank on or after 1st
6.2 ºãöã ´ãÀã 1 ã¹ãÆõÊã 2001 ããñ ¾ãã Ôããñ ¹ãÍÞãã¦ãá ¹ãáñ ¹ãÀ ªãè ØãÃ April 2001 are accounted as per Accounting Standard
ãããäÔ¦ã¾ããú ããÃÔããèããÃ ´ãÀã ããÀãè Êãñãã ½ãã¶ãã 19 (¹ãáã) ãñ ã¶ãìÔããÀ 19 (Leases) issued by the ICAI. Such assets are
Êãñãñ ½ãò Êããè ØãÃ Öõâ . ¾ãñ ãããäÔ¦ã¾ããú ``ã¶¾ã ãããäÔ¦ã¾ããú'' ãñ ãâ¦ãØãÃ¦ã Íãããä½ãÊã included under “Other Assets’’.
ããè ØãÃ Öö. 6.3 Provisions on non-performing leased assets are made
6.3 ãÊãã¼ãããÀãè ¹ãáããð¦ã ãããäÔ¦ã¾ããò ¹ãÀ ¹ãÆãÌã£ãã¶ã, ããäØãÆ½ããò ãñ ãäÊã ÊããØãî ¼ããÀ¦ããè¾ã on the basis of RBI guidelines applicable to advances.
ãäÀûãÌãÃ ºãöã ãñ ãäªÍãã-ãä¶ãªóÍããò ãñ ãã£ããÀ ¹ãÀ ãäã Øã Öö. 7. Impairment of Assets
Impairment losses (if any), are recognized in accordance
7. ãããäÔ¦ã¾ããò ããè ã¹ãÔãã½ãã¶¾ã¦ãã with Accounting Standard-28 issued by the ICAI and
ã¹ãÔãã½ãã¶¾ã Öããä¶ã¾ããò (¾ããäª Öãñ ¦ããñ) ããñ ããÃÔããèããÃ ´ãÀã ããÀãè Êãñãã ½ãã¶ãã - charged off to Profit and Loss Account.
28 ãñ ã¶ãìÔããÀ ãäÞããä¶Ö¦ã ãäã¾ãã Øã¾ãã Öõ ããõÀ Êãã¼ã Ìãâ Öããä¶ã ãã¦ãñ ½ãò ¹ãÆ¼ãããäÀ¦ã 8. Foreign Currency Transactions
ãäã¾ãã Øã¾ãã Öõ. 8.1 In conformity with Accounting Standard 11 (The
effects of changes in foreign exchange rates) of the
8. ãäÌãªñÍããè ½ãì³ã Êãñ¶ã-ªñ¶ã ICAI, Foreign Branches of the Bank and Offshore
8.1 ¼ããÀ¦ããè¾ã Ôã¶ãªãè ÊãñããããÀ ÔãâÔ©ãã¶ã (ããÃÔããèããÃ) ãñ Êãñãã-½ãã¶ãã 11 Banking Units (OBUs) have been classified as Non-
integral Operations and Representative Offices
(ãäÌãªñÍããè ½ãì³ã ãäÌããä¶ã½ã¾ã ªÀ ½ãò ¦ããÀ-Þãü¤ãÌã ãã ¹ãÆ¼ããÌã) ãñ ã¶ãìÁ¹ã ºãöã
classified as Integral Operations.
ããè ãäÌãªñÍã ãäÔ©ã¦ã Íããããããò ããõÀ Ôã½ãì³¹ããÀãè¾ã ºãöãäãâØã ãã¾ããò (ããñºããè¾ãî) ããñ
8.2 a) Foreign currency transactions are recorded on
ãä¼ã¶¶ã ¹ããäÀÞããÊã¶ã ãñ Â¹ã ½ãò ÌãØããêãð¦ã ãäã¾ãã Øã¾ãã Öõ ããõÀ ¹ãÆãä¦ããä¶ããä£ã ãã¾ããÃÊã¾ããò initial recognition in the reporting currency by
ããñ ããä¼ã¶¶ã ¹ããäÀÞããÊã¶ã ãñ Â¹ã ½ãò ÌãØããêãð¦ã ãäã¾ãã Øã¾ãã Öõ. applying to the foreign currency amount the
8.2 ã) ãäÌãªñÍããè ½ãì³ã Êãñ¶ã-ªñ¶ã ããñ Êãñ¶ã-ªñ¶ã ããè ãä¦ããä©ã ããñ ÔãîãäÞã¦ã ½ãì³ã Ìãâ exchange rate between the reporting currency
and the foreign currency on the date of
ãäÌãªñÍããè ½ãì³ã ãñ ºããèÞã ãäÌããä¶ã½ã¾ã ªÀ ããè ãäÌãªñÍããè ½ãì³ã ÀããäÍã ãñ ¹ãÆ¾ããñØã
transaction.
´ãÀã ÔãîãäÞã¦ã ½ãì³ã ½ãò ¹ãÆãÀâãä¼ãã ãä¶ã£ããÃÀ¥ã ¹ãÀ ªãÃ ãäã¾ãã Øã¾ãã Öõ.
b) Foreign currency monetary items are reported
ã) ãäÌãªñÍããè ½ãì³ã ½ããõãä³ã ½ãªãò ããè ÔãîÞã¶ãã ¹ãñ¡Ã ããè ãâãä¦ã½ã ¦ã¦ããÊã ªÀ using the FEDAI closing spot rates.
ãñ ¹ãÆ¾ããñØã Ôãñ ããè ØãÃ Öõ. c) Exchange differences arising on the settlement
Øã) ½ããõãä³ã ½ãªãò ãñ ãä¶ã¹ãã¶ã ½ãò ªá¼ãî¦ã ãäÌããä¶ã½ã¾ã ãâ¦ãÀ-ÀããäÍã¾ããò ããñ, ãäã¶Öò of monetary items at rates different from those
at which they were initially recorded are
¹ãÆãÀâ¼ã ½ãò ãäã¶ã ªÀãò ¹ãÀ ãäÀãã¡Ã ãäã¾ãã Øã¾ãã ©ãã ¶ãÔãñ ãä¼ã¶¶ã ªÀãò ¹ãÀ
recognised as income or as expense in the period
ãã¾ã ãñ Â¹ã ½ãò ã©ãÌãã ãäãÔã ãÌããä£ã ½ãò Ìãñ ¦¹ã¶¶ã Öì ©ãñ Ôã ãÌããä£ã in which they arise.
½ãò Ì¾ã¾ã ãñ Â¹ã ½ãò Íãããä½ãÊã ãäã¾ãã Øã¾ãã Öõ.
8.3 Non-integral Operations
8.3 ãÔã½ããããäÊã¦ã ¹ããäÀÞããÊã¶ã a) All monetary/non-monetary assets and liabilities as
well as contingent liabilities are translated at the
ã) Ôã½ãÔ¦ã ½ããõãä³ã/ØãõÀ½ããõãä³ã ãããäÔ¦ã¾ããò Ìãâ ªñ¾ã¦ããããò ¦ã©ãã ããããäÔ½ãã ªñ¾ã¦ããããò closing rate notified by FEDAI.
ããñ ¹ãñ¡Ã ´ãÀã ããä£ãÔãîãäÞã¦ã ãâãä¦ã½ã ªÀ ¹ãÀ Á¹ããâ¦ããäÀ¦ã ãäã¾ãã Øã¾ãã Öõ.
b) Income and expenditure are translated using the
ã) ãã¾ã Ìãâ Ì¾ã¾ã ãã Â¹ããâ¦ãÀ¥ã ¹ãñ¡Ã ´ãÀã ããä£ãÔãîãäÞã¦ã ãä¦ã½ããÖãè ããõÔã¦ã ªÀ quarterly average rate notified by FEDAI at the end
ãñ ¹ãÆ¾ããñØã Ôãñ Ôã½ºã® ãä¦ã½ããÖãè ãñ ãâ¦ã ½ãò ãäã¾ãã Øã¾ãã Öõ. of the respective quarter.
c) All resulting exchange differences are accumulated
Øã) ãä¶ãÌãÊã ãäÌããä¶ã£ãã¶ã ãñ ãä¶ã¹ãã¶ã Öãñ¶ãñ ¦ãã Ôã¼ããè ¹ããäÀ¥ãã½ããè ãäÌããä¶ã½ã¾ã ãâ¦ãÀ- in a separate “Foreign Currency Translation Reserve”
ÀããäÍã¾ããò ãã ÔãâÞã¾ã¶ã `ãäÌãªñÍããè ½ãì³ã Â¹ããâ¦ãÀ¥ã ããÀãäàããä¦ã' ãñ ¹ãð©ããá ãã¦ãñ ½ãò account till the disposal of the net investment.
ãäã¾ãã Øã¾ãã Öõ.
8.4 Integral Operations
8.4 Ôã½ããããäÊã¦ã ¹ããäÀÞããÊã¶ã a) All income and expenditure of integral operations are
ã) Ôã½ããããäÊã¦ã ¹ããäÀÞããÊã¶ããò ãñ Ôã½ãÔ¦ã ãã¾ã Ìãâ Ì¾ã¾ã ããñ Êãñ¶ã-ªñ¶ã ããè ãä¦ããä©ã recorded at the rates prevalent on the date of
ããè Ìã¦ãÃ½ãã¶ã ªÀãò ¹ãÀ ªãÃ ãäã¾ãã Øã¾ãã Öõ. transaction.
b) All foreign currency monetary items are reported
ã) Ôã¼ããè ãäÌãªñÍããè ½ãì³ã ½ããõãä³ã ½ãªãò ããè ÔãîÞã¶ãã ¹ãñ¡Ã ããè ãâãä¦ã½ã ¦ã¦ããÊã ªÀ using the FEDAI closing spot rates.
ãñ ¹ãÆ¾ããñØã Ôãñ ããè ØãÃ Öõ.
8.5 Forward Exchange Contracts
8.5 Ìãã¾ãªã ãäÌããä¶ã½ã¾ã ÔãâãäÌãªãú In accordance with the guidelines of FEDAI and the
¼ããÀ¦ããè¾ã ãäÌãªñÍããè ½ãì³ã Ì¾ãã¹ããÀãè ÔãâÜã (¹ãñ¡Ã) ãñ ãäªÍãã-ãä¶ãªóÍããò ¦ã©ãã Êãñãã provisions of AS -11, net outstanding forward exchange
contracts in each currency are revalued at the Balance
½ãã¶ãã -11 ãñ ¹ãÆãÌã£ãã¶ããò ãñ ã¶ãìÔããÀ, ¹ãÆ¦¾ãñã ½ãì³ã ½ãò Ìãã¾ãªã ãäÌããä¶ã½ã¾ã Sheet date at the corresponding forward rates for the
ÔãâãäÌãªãããò ããè ãä¶ãÌãÊã ºããã¾ãã ÀããäÍã¾ããò ããñ ¦ãìÊã¶ã-¹ã¨ã ããè ãä¦ããä©ã ããñ ÔãâãäÌãªã residual maturity of the contracts. The difference between
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C101 K101
ããè ÍãñÓã ¹ããäÀ¹ããÌã¦ãã ãñ ãäÊã ¦ãª¶ãìÂ¹ããè Ìãã¾ãªã- ªÀãò Ôãñ ¹ãì¶ã½ãîÃÊ¾ããâãäã¦ã ãäã¾ãã the revalued amount and the contracted amount is recognised
Øã¾ãã Öõ. ¹ãì¶ã½ãîÃÊ¾ããâãäã¦ã ÀããäÍã ããõÀ ÔãâãäÌãªãØã¦ã ÀããäÍã ãñ ºããèÞã ããè ãâ¦ãÀ ÀããäÍã as profit or loss, as the case may be.
ããñ Êãã¼ã ¾ãã Öããä¶ã ãñ Â¹ã ½ãò ¾ã©ãããäÔ©ããä¦ã Íãããä½ãÊã ãäã¾ãã Øã¾ãã Öõ. 9. Revenue Recognition
9.1 Income and expenditure are accounted on accrual
9. ÀããÔÌã ãä¶ã£ããÃÀ¥ã basis. In case of Foreign Offices, income is recognised
9.1 ãã¾ã Ìãâ Ì¾ã¾ã ããñ ¹ãÆãñªá¼ãÌã¶ã ãã£ããÀ ¹ãÀ Êãñãñ ½ãò ãäÊã¾ãã Øã¾ãã Öõ. ãäÌãªñÍã as per the local laws of the country in which the
ãäÔ©ã¦ã ãã¾ããÃÊã¾ããò ãñ Ôãâºãâ£ã ½ãò, ãã¾ã ãã ãä¶ã£ããÃÀ¥ã Ôãâºãâãä£ã¦ã ªñÍã, ãÖãú respective foreign office is located.
Ôãâºãâãä£ã¦ã ãäÌãªñÍããè ãã¾ããÃÊã¾ã ãäÔ©ã¦ã Öõ, ãñ Ô©ãã¶ããè¾ã ãã¶ãî¶ããò ãñ ã¶ãìÔããÀ 9.2 The following items of income are recognised on
ãäã¾ãã Øã¾ãã Öõ. realization basis:
(a) Commission (other than commission on deferred
9.2 ãã¾ã ããè ãä¶ã½¶ããäÊããäã¦ã ½ãªãò ãã ãä¶ã£ããÃÀ¥ã ÌãÔãîÊããè ãã£ããÀ ¹ãÀ ãäã¾ãã Øã¾ãã Öõ :
payment guarantees and government transactions),
(ã) ã½ããèÍã¶ã (ããÔ©ããäØã¦ã ¼ãìØã¦ãã¶ã ØããÀâãä¾ããò ããõÀ ÔãÀããÀãè Êãñ¶ãªñ¶ã ¹ãÀ exchange and brokerage.
ã½ããèÍã¶ã ããñ ãñü¡ãÀ), ãäÌããä¶ã½ã¾ã ããõÀ ªÊããÊããè (b) Dividend on investments.
(ã) ãäÌããä¶ã£ãã¶ããò ¹ãÀ Êãã¼ããâÍã. (c) Income on Rupee Derivatives designated as
(Øã) ``Ì¾ãã¹ããÀ'' ãñ Â¹ã ½ãò ¶ãããä½ã¦ã Á¹ã¾ãã ¡ñÀãèÌãñãäÌããò ¹ãÀ ãã¾ã. “Trading”.
(Üã) ãäÌããä¶ã£ãã¶ããò ããè ããÌãñª¶ã ÀããäÍã ¹ãÀ º¾ããã ããõÀ ãäÌããä¶ã£ãã¶ããò ¹ãÀ ããä¦ãªñ¾ã º¾ããã. (d) Interest on application money on investments
and overdue interest on investments.
9.3 ãã¾ã ããè ãä¶ã½¶ããäÊããäã¦ã ½ãªãò ãã ãä¶ã£ããÃÀ¥ã ¶ãããè ÌãÔãîÊããè ½ãò ãã¹ããè ããä¶ããäÍÞã¦ã¦ãã
9.3 The following items of income are recognised on
Öãñ¶ãñ ãñ ããÀ¥ã ÌãÔãîÊããè ãã£ããÀ ¹ãÀ ãäã¾ãã Øã¾ãã Öõ :
realisation basis, owing to significant uncertainty in
(ã) ãÊãã¼ãããÀãè ããäØãÆ½ããò, ããä¦ãªñ¾ã ãäºãÊããò ããõÀ ãÊãã¼ãããÀãè ¹ãáããð¦ã collection thereof:
ãããäÔ¦ã¾ããò ¹ãÀ ãã¾ã (a) Income on non-performing advances, Overdue
(ã) ãÊãã¼ãããÀãè ãäÌããä¶ã£ãã¶ããò ¹ãÀ º¾ããã. bills and non-performing leased assests
(b) Interest on non-performing investments.
9.4 `¹ããäÀ¹ããÌã¦ãã ãñ ãäÊã Àãñ Øã' (Þããè½ã) Ñãñ¥ããè ãñ ãäÌããä¶ã£ãã¶ããò ¹ãÀ ãã¾ã
ããñ (º¾ããã ãñ ãÊããÌãã), ãäãÔãñ ãâãäã¦ã ½ãîÊ¾ã ½ãò ºãáã-ÀããäÍã ¹ãÀ ¹ãÆã¹¦ã ãäã¾ãã 9.4 Income (other than interest) on investments in “Held
to Maturity” (HTM) category acquired at a discount
Øã¾ãã Öõ, ãä¶ã½¶ãã¶ãìÔããÀ Íãããä½ãÊã ãäã¾ãã Øã¾ãã Öõ: to the face value, is recognised as follows :
9.4.1 ã) º¾ãããÌããÊããè ¹ãÆãä¦ã¼ãîãä¦ã¾ããò ¹ãÀ Ôãñ ãñÌãÊã ãäÌãã¾ã/Íããñ£ã¶ã ãñ Ôã½ã¾ã Öãè a) On Interest bearing securities, it is recognised
Íãããä½ãÊã ãäã¾ãã Øã¾ãã Öõ. only at the time of sale / redemption.
ã) º¾ãããÀãäÖ¦ã ¹ãÆãä¦ã¼ãîãä¦ã¾ããò ¹ãÀ, Ôãñ ãä¶ã¾ã¦ã ãã¾ã ãã£ããÀ ¹ãÀ ¹ãÆãä¦ã¼ãîãä¦ã b) On zero-coupon securities, it is accounted for
ããè ÍãñÓã ãÌããä£ã ãñ ãäÊã Êãñãñ ½ãò ãäÊã¾ãã Øã¾ãã Öõ. over the balance tenor of the security on a
constant yield basis.
9.4.2 Ôã Ñãñ¥ããè ãñ ãäÌããä¶ã£ãã¶ããò ãñ ãäÌãã¾ã ¹ãÀ Êãã¼ã ããñ ¹ãÖÊãñ Êãã¼ã Ìãâ Öããä¶ã
9.4.1 Profit on sale of investments in this category is first
ãã¦ãñ ½ãò ã½ãã ãäã¾ãã Øã¾ãã Öõ ããõÀ ¦ã¦¹ãÍÞãã¦ãá Ôãñ `¹ãîâããèØã¦ã ããÀãäàã¦ã ãä¶ããä£ã credited to the Profit & Loss Account and thereafter
ãã¦ãã' ½ãò ãäÌããä¶ã¾ããñãäã¦ã ãäã¾ãã Øã¾ãã Öõ. ãäÌãã¾ã ¹ãÀ Öããä¶ã ããñ Êãã¼ã Ìãâ appropriated to the “Capital Reserve Account”. Loss
Öããä¶ã ãã¦ãñ ½ãò Íãããä½ãÊã ãäã¾ãã Øã¾ãã Öõ. on sale is recognised in the Profit & Loss Account.
10. ÔãñÌãã-ãä¶ãÌãðãä§ã-Êãã¼ã 10. Retirement Benefits

10.1 Contributions payable to the Bank’s Provident Fund
10.1 ¼ããäÌãÓ¾ã ãä¶ããä£ã ¾ããñã¶ãã ãñ ã¶ãìÔããÀ ºãöã ãñ ¼ããäÌãÓ¾ã ãä¶ããä£ã ¶¾ããÔã ãñ
Trust in terms of its Provident Fund Scheme are
ãäÊã ªñ¾ã ãâÍãªã¶ã ¹ãÆãñªá¼ãÌã¶ã ãã£ããÀ ¹ãÀ Êãã¼ã ããõÀ Öããä¶ã ãã¦ãñ ½ãò Íãããä½ãÊã charged to Profit and Loss account on accrual basis.
ãäã Øã Öö. 10.2 Liability for gratuity, pension and leave encashment
10.2 ØãÆñÞ¾ãìãè, ¹ãòÍã¶ã ããõÀ ãÌãããÍã ¶ããªãèãÀ¥ã (ããñ ãäÖ¦ãÊãã¼ã ãñ Â¹ã ½ãò (which are defined benefits) is determined on the
¹ããäÀ¼ãããäÓã¦ã Öõâ) ãã ãä¶ã£ããÃÀ¥ã ÌãÓãÃ ãñ ãâ¦ã ½ãò ãäã Øã ÌããÔ¦ããäÌãã ½ãîÊ¾ã¶ããò basis of actuarial valuations carried out at the year
end and the incremental liability is provided for by
ãñ ãã£ããÀ ¹ãÀ ãäã¾ãã Øã¾ãã Öõ ããõÀ Ìãðãä®ÍããèÊã ªñ¾ã¦ãã ãñ ãäÊã Êãã¼ã Ìãâ charging to the Profit and Loss Account.
Öããä¶ã ãã¦ãñ ½ãò Íãããä½ãÊã ãÀãñ ¹ãÆãÌã£ãã¶ã ãäã¾ãã Øã¾ãã Öõ.
11. Provision for Taxation
11. ãÀ-ãä¶ã£ããÃÀ¥ã ãñ ãäÊã ¹ãÆãÌã£ãã¶ã Provision for tax comprises of current tax for the period
ãÀ ãñ ãäÊã ¹ãÆãÌã£ãã¶ã - Ôã Ôãâª¼ãÃ ½ãò ¹ãÆãÔãâãäØãã ãã¶ãî¶ã ´ãÀã ãä¶ã£ããÃãäÀ¦ã Ôã½ã¾ããÌããä£ã determined in accordance with the relevant laws, fringe
Öñ¦ãì Ìã¦ãÃ½ãã¶ã ãÀ ãñ ãäÊã Öõ ããõÀ ã¶ãìÓãâØããè Êãã¼ã-ãÀ Ìãâ ããÔ©ããäØã¦ã ãÀ-¹ãÆ¼ããÀ benefit tax and deferred tax charge or credit reflecting the
tax effects of timing differences between accounting income
¾ãã ¨ãÉ¥ã ã¦ã ãÌããä£ã Öñ¦ãì Êãñãã ãã¾ã ããõÀ ãÀ-¾ããñØ¾ã ãã¾ã ½ãò Ôã½ã¾ã ¹ãã©ãÃã¾ã and taxable income for the period, in conformity with
ãñ ããÀ¥ã ãÀ-¹ãÆ¼ããÌã ½ãò ãä¼ã¶¶ã¦ãã ããñ Àñããâãäã¦ã ãÀ¦ãã Öõ ããñ ¼ããÀ¦ããè¾ã Ôã¶ãªãè ÊãñããããÀ Accounting Standard 22 (Accounting for taxes on income)
ÔãâÔ©ãã¶ã ãñ Êãñãã ½ãã¶ãã 22 (ãã¾ã ¹ãÀ ãÀ Êãñãã - ãä¶ã£ããÃÀ¥ã) ãñ ã¶ãìÁ¹ã Öõ. of the Institute of Chartered Accountants of India. The
ããÔ©ããäØã¦ã ãÀ ¹ãÆ¼ããÀ ¾ãã ¨ãÉ¥ã ããõÀ ¦ãª¶ãìÂ¹ããè ããÔ©ããäØã¦ã ãÀ-ªñ¾ã¦ããããò ¾ãã ãããäÔ¦ã¾ããò deferred tax charge or credit and the corresponding deferred
ããñ ãÀ ããè ñÔããè ªÀãò ãã ¹ã¾ããñØã ãÀãñ ãäÞããä¶Ö¦ã ãäã¾ãã Øã¾ãã Öõ ããñ ¦ãìÊã¶ã-¹ã¨ã tax liabilities or assets are recognized using the tax rates
that have been enacted or substantively enacted by the
ããè ãä¦ããä©ã ããñ ããä£ããä¶ã¾ã½ã ½ãò ãä¶ã£ããÃãäÀ¦ã ¾ãã ½ãîÊã Â¹ã ½ãò ãä¶ã£ããÃãäÀ¦ã ©ããè. ãºã ¦ãã balance sheet date. Deferred tax assets are not recognized
¾ãÖ ¹ãî¥ãÃ Á¹ã Ôãñ Ôãìãä¶ããäÍÞã¦ã ¶ãÖãé Öãñ Øã¾ãã Öõ ãäã ããÔ©ããäØã¦ã-ãÀ ãããäÔ¦ã¾ããò ããè unless there is virtual certainty that sufficient future taxable
ÌãÔãîÊããè ãñ ãäÊã ¼ããäÌãÓ¾ã ½ãò ¹ã¾ããÃ¹¦ã ãÀ-¾ããñØ¾ã ãã¾ã ¹ãÊãº£ã ÖãñØããè - ¦ãºã ¦ãã income will be available against which such deferred tax
ããÔ©ããäØã¦ã ãÀ ãããäÔ¦ã¾ããò ããñ ½ãã¶¾ã¦ãã ¶ãÖãé ªãè ØãÃ Öõ. assets will be realized.
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ã¶ãìÔãîÞããè 18 Schedule - 18
Êãñãã-ãä¹¹ããä¥ã¾ããú NOTES ON ACCOUNTS
ÀããäÍã ãÀãñü¡ Á¹ã¾ããò ½ãò Amount in Rupees in Crores
18.1. Capital :
18.1. ¹ãîâããè
The Capital to Risk-weighted Assets Ratio as assessed by the Bank on the
ºãöã ´ãÀã ããñãäã½ã ¼ãããäÀ¦ã ãããäÔ¦ã ã¶ãì¹ãã¦ã ããè ¹ãîâããè ãã ½ãîÊ¾ããâã¶ã ãäÌã§ããè¾ã ãäÌãÌãÀ¥ã ããõÀ ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ´ãÀã basis of the financial statements and guidelines issued by RBI is given below:
ããÀãè ãäªÍãã - ãä¶ãªóÍããò ãñ ãã£ããÀ ¹ãÀ ãä¶ã½¶ãã¶ãìÔããÀ ãäã¾ãã Øã¾ãã Öõ : As at As at
½ãªò 31 ½ããÞãÃ 2007 ããè 31½ããÞãÃ 2006 ããè Items 31-Mar-2007 31-Mar-2006
ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ Capital to Risk-weighted Assets Ratio - Overall 12.34% 11.88%
Capital to Risk-weighted Assets Ratio - Tier I 8.01% 9.36%
ããñãäã½ã ¼ãããäÀ¦ã ãããäÔ¦ã ã¶ãì¹ãã¦ã ããè ¹ãîâããè - ãìÊã 12.34% 11.88%
Capital to Risk-weighted Assets Ratio - Tier II 4.33% 2.52%
ããñãäã½ã ¼ãããäÀ¦ã ãããäÔ¦ã ã¶ãì¹ãã¦ã ããè ¹ãîâããè - Ñãñ¥ããè - I 8.01% 9.36% Shareholding of the Government of India Nil Nil
ããñãäã½ã ¼ãããäÀ¦ã ãããäÔ¦ã ã¶ãì¹ãã¦ã ããè ¹ãîâããè - Ñãñ¥ããè - II 4.33% 2.52% Amount of Subordinated Debt raised as
¼ããÀ¦ã ÔãÀããÀ ããè Íãñ¾ãÀ£ãããäÀ¦ãã Íãî¶¾ã Íãî¶¾ã Tier-II capital during the year 9442.90 3283.00
18.2. Hybrid Bonds :
ÌãÓãÃ ãñ ªãõÀã¶ã Ñãñ¥ããè II ¹ãîâããè ãñ Á¹ã ½ãò ØããÖñ Øã Øããõ¥ã
During the year, the Bank has raised USD 400 million (Rs.1738.80 crores as on
¨ãÉ¥ã ããè ºããã¾ãã ÀããäÍã 9442.90 3283.00 31st March 2007) by issuing “SBI Perpetual Non Call 10.25 Years Bonds -
February 2007 issue”, which qualifies for Hybrid Tier I Capital. These bonds
18.2. Ôãâãä½ãÑã ºããâ¡ carry a fixed interest rate for a period of 10.25 years. In case the Bank does not
ÌãÓãÃ ãñ ªãõÀã¶ã ºãöã ¶ãñ `Ôãºããèãã ¹ãÀ¹ãñÞãìãÊã ¶ããù¶ã-ããùÊã 10.25 ÌãÓããê¾ã ºããâ¡ - ¹ãÀÌãÀãè 2007 Í¾ãî' ããÀãè ãÀãñ exercise its call option by 15.05.2017, the interest rate will be raised and the
400 ãä½ããäÊã¾ã¶ã ã½ãñãäÀããè ¡ãÊãÀ (31 ½ããÞãÃ 2007 ããñ ãäãÔããã ½ãîÊ¾ã 1738.80 ãÀãñü¡ Á¹ã ©ãã) ããè ØããÖãè ããè - ããñ fixed rate would be converted into a floating rate. These bonds have been
Ôãâãä½ãÑã Ñãñ¥ããè-1 ¹ãîâããè ãñ ãâ¦ãØãÃ¦ã ãã¦ãã Öõ. ¶ã ºããâ¡ãò ¹ãÀ 10.25 ÌãÓãÃ ¦ãã ããè ãÌããä£ã ãñ ãäÊã ãä¶ã¾ã¦ã º¾ããã ªÀ ã listed on the Singapore Stock Exchange.
Öãè ÖãñØããè. ¾ããäª 15.05.2017 ¦ãã ºãöã ½ããâØã - ãäÌããÊ¹ã ãã ¹ãÆ¾ããñØã ¶ãÖãé ãÀ¦ãã Öõ ¦ããñ º¾ããã ªÀò ºã¤ûñâØããè ããõÀ ãä¶ã¾ã¦ã ªÀ 18.3 Subordinated Debt :
- ãÔ©ãã¾ããè ªÀ ½ãò ¹ããäÀÌããä¦ãÃ¦ã Öãñ ããØããè. ¶ã ºããâ¡ãò ããñ ãäÔãâØãã¹ãìÀ Ôãùã ãÔãÞãòã ¹ãÀ ÔãîÞããèºã® ãÀã¾ãã Øã¾ãã Öõ. i) The subordinated debts are unsecured, long term, non-convertible and
are redeemable at par. The debt is subordinated to present and future
18.3 Øããõ¥ã ¨ãÉ¥ã senior indebtedness of the Bank and qualifies for Tier II capital.
i) Øããõ¥ã ¨ãÉ¥ã - ã¹ãÆãä¦ã¼ãî¦ã, ªãèÜããÃÌããä£ã, ã¹ããäÀÌã¦ãÃ¶ããè¾ã ¦ã©ãã Ôã½ã½ãîÊ¾ã ¹ãÀ ¹ãÆãä¦ãªñ¾ã Öõâ. Ôã ¨ãÉ¥ã ããñ ºãöã ãñ ii) The details of outstanding subordinated debt raised through private
placement of bonds are given below :
Ìã¦ãÃ½ãã¶ã Ìãâ ¼ããÌããè ¹ãÆÌãÀ ¨ãÉ¥ãØãÆÔ¦ã¦ãã Ôãñ ã½ã ÌãÀãè¾ã¦ãã ¹ãÆã¹¦ã Öõ ããõÀ ¾ãÖ Ñãñ¥ããè II ¹ãîâããè ãñ ãâ¦ãØãÃ¦ã ãã¦ãã Öõ. Particulars Date of issue Rate of Interest Tenor Equivalent
ii) ºããâ¡ãò ãñ ãä¶ãããè Ô©ãã¹ã¶ã Ôãñ ØããÖñ Øã ºããã¾ãã Øããõ¥ã ¨ãÉ¥ã ãã º¾ããñÀã ãä¶ã½¶ãã¶ãìÔããÀ Öõ : (Per annum) Amount
ãäÌãÌãÀ¥ã ãä¶ãØãÃ½ã ãäª¶ããâã ÌãããäÓãÃã º¾ããã ªÀ ãÌããä£ã Ôã½ã¦ãìÊ¾ã ÀããäÍã Private Placement
Bonds 2000-2001 01.01.2001 11.90% 87 months 1675.20
ãä¶ãããè Ô©ãã¹ã¶ã ºããâ¡ 01.01.2001 11.90% 87 ½ããÖ 1675.20 Private Placement
ãä¶ãããè Ô©ãã¹ã¶ã ºããâ¡ 05.12.2005 7.45% 113 ½ããÖ 3283.00 Bonds 2005 05.12.2005 7.45% 113 months 3283.00
Bonds 2006 (I) 05.06.2006 8.80% 180 months 2327.90
ãä¶ãããè Ô©ãã¹ã¶ã ºããâ¡ 06.07.2006 9.00% 180 ½ããÖs 500.00 Private Placement
ãä¶ãããè Ô©ãã¹ã¶ã ºããâ¡ 12.09.2006 8.96% 180 ½ããÖ 600.00 Bonds 2006(II) 06.07.2006 9.00% 180 months 500.00
Bonds 2006(III) 12.09.2006 8.96% 180 months 600.00
ãä¶ãããè Ô©ãã¹ã¶ã ºããâ¡ 04.10.2006 8.85% 180 ½ããÖ 400.00 Bonds 2006(IV) 13.09.2006 8.97% 180 months 615.00
Bonds 2006(V) 15.09.2006 8.98% 180 months 1500.00
ãä¶ãããè Ô©ãã¹ã¶ã ºããâ¡ 21.03.2007 9.85% 111 ½ããÖ 1500.00 Bonds 2006(VI) 04.10.2006 8.85% 180 months 400.00
ãäÌãªñÍããè ½ãì³ã ½ãò Private Placement
Bonds 2006(VII) 16.10.2006 8.88% 180 months 1000.00
ã¹ãÆãä¦ã¼ãî¦ã ¨ãÉ¥ã 12.04.2000 6.50% 108 ½ããÖ 29.59 Private Placement
¾ããñØã 14430.69 Bonds 2006(VIII) 17.02.2007 9.37% 180 months 1000.00
Private Placement
18.4 ãäÌããä¶ã£ãã¶ã Bonds 2006(IX) 21.03.2007 9.85% 111 months 1500.00
ºãöã ãñ ãäÌããä¶ã£ãã¶ããò ¦ã©ãã ãäÌããä¶ã£ãã¶ããò ¹ãÀ Öì ½ãîÊ¾ãÖÆãÔã ãñ ãäÊã Àãñ Øã ¹ãÆãÌã£ãã¶ããò ãñ ¦ããÀ-Þãü¤ãÌã ãã º¾ããñÀã Unsecured Loan in
Foreign Currency 12.04.2000 6.50% 108 months 29.59
ãä¶ã½¶ãã¶ãìÔããÀ Öõ: Total 14430.69
½ãªò 31 ½ããÞãÃ 2007 ããè 31½ããÞãÃ 2006 ããè
18.4 Investment
ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ
The Details of investments and the movement of provisions held towards
I. ãäÌããä¶ã£ãã¶ããò ãã ½ãîÊ¾ã depreciation on investments of the Bank are given below :
i) ãäÌããä¶ã£ãã¶ããò ãã ÔããÊã ½ãîÊ¾ã As at As at
(ã) ¼ããÀ¦ã ½ãò 144580.01 163430.99 Items 31-Mar-2007 31-Mar-2006
(ã) ¼ããÀ¦ã Ôãñ ºããÖÀ 5823.31 5260.01 I. Value of Investments
i) Gross value of Investments
ii) ½ãîÊ¾ãÖÆãÔã ãñ ãäÊã ¹ãÆãÌã£ãã¶ã (a) In India 144580.01 163430.99
(ã) ¼ããÀ¦ã ½ãò 1243.69 6144.79 (b) Outside India 5823.31 5260.01
(ã) ¼ããÀ¦ã Ôãñ ºããÖÀ 10.75 11.97 ii) Provisions for Depreciation
iii) ãäÌããä¶ã£ãã¶ããò ãã ãä¶ãÌãÊã ½ãîÊ¾ã (a) In India 1243.69 6144.79
(ã) ¼ããÀ¦ã ½ãò 143336.32 157286.20 (b) Outside India 10.75 11.97
iii) Net value of Investments
(ã) ¼ããÀ¦ã Ôãñ ºããÖÀ 5812.56 5248.04 (a) In India 143336.32 157286.20
II. ãäÌããä¶ã£ãã¶ããò ãñ ½ãîÊ¾ãÖÆãÔã ãñ ãäÊã Àãñ (b) Outside India 5812.56 5248.04
Øã ¹ãÆãÌã£ãã¶ããò ãã ¦ããÀ-Þãü¤ãÌã II. Movement of provisions held towards
depreciation on investments
i) ã©ãÍãñÓã 6156.76 3075.24
i) Opening Balance 6156.76 3075.24
ii) ããñü¡ñâ : ÌãÓãÃ ãñ ªãõÀã¶ã ãäã Øã ¹ãÆãÌã£ãã¶ã 477.20 3925.87 ii) Add: Provisions made during the year 477.20 3925.87
iii) Üããú : ããä¦ããäÀã¦ã ¹ãÆãÌã£ãã¶ã / ¹ãì¶ãÌãÃØããêãÀ¥ã iii) Less : Write off/write back of excess
ãã ã¹ãÊãñã¶ã/¹ãÆãä¦ãÊãñã¶ã 5379.52 844.35 provision / reclassification 5379.52 844.35
iv) ãä¦ã ÍãñÓã 1254.44 6156.76 iv) Closing balance 1254.44 6156.76
103
C103 K103
¶ããñ : Notes :
1. ãäÌããä¶ã£ãã¶ããò ½ãò ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã½ãò ÞãÊããä¶ããä£ã Ôã½ãã¾ããñã¶ã ÔãìãäÌã£ãã ãñ ãâ¦ãØãÃ¦ã ¹ãÆ¾ãìã¦ã ããè ØãÃ5000.00 ãÀãñü¡ 1. Investments include securities utilised under Liquidity Adjustment Facility
Á¹ã (ãä¹ãÊãñ ÌãÓãÃ 2000.00 ãÀãñü¡ Á¹ã) ããè ¹ãÆãä¦ã¼ãîãä¦ã¾ããú Íãããä½ãÊã Öö. with Reserve Bank of India - Rs.5000.00 Crores (Previous year
Rs.2000.00 Crores)
2. ¦ã¦ããÊã ÔããÊã ãä¶ã¹ãã¶ã (ããÀãèããèÔã)/¦ã¾ãÍãìªã Êãñ¶ã-ªñ¶ã ¹ãÆ¥ããÊããè (¶ã¡ãèÔã) ãñ ãäÊã 22755.00 ãÀãñü¡
2. Investments amounting to Rs.22755.00 Crores (Previous Year Rs.22755.00
Á¹ã (ãä¹ãÊãñ ÌãÓãÃ 22755.00 ãÀãñü¡ Á¹ã) ãñ ãäÌããä¶ã£ãã¶ã ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã/ãäãÊã¾ããäÀâØã ããÀ¹ããñÀñÍã¶ã ããù¹ã
Crores) are kept as margin with the Reserve Bank of India/Clearing
âãä¡¾ãã ãäÊã. ½ãò ½ãããäãÃ¶ã ãñ Á¹ã ½ãò Àãñ Øã Öõâ. Corporation of India Ltd. towards Real Time Gross Settlement
3. ã¶¾ã ãäÌããä¶ã£ãã¶ããò ½ãò ØãÆã½ããè¥ã ½ãîÊã¼ãî¦ã ÔãìãäÌã£ãã ãäÌãããÔã ãä¶ããä£ã (ããÀããÃ¡ãè¹ã) ã½ãã ¾ããñã¶ãã ãñ ã¶¦ãØãÃ¦ã ÀãÓÈãè¾ã (RTGS)/NDS.
ãðãäÓã ããõÀ ØãÆã½ããè¥ã ãäÌãããÔã ºãöã (¶ããºãã¡Ã) ½ãò Àããè 7652.53 ãÀãñü¡ Á¹ã (ãä¹ãÊãñ ÌãÓãÃ 4141.67 ãÀãñü¡ Á¹ã) 3. Other investments include deposits with NABARD under the RIDF Deposit
ããè ã½ããÀããäÍã¾ããú Ôããä½½ããäÊã¦ã Öö. Scheme amounting to Rs.7652.53 Crores (Previous Year Rs. 4141.67 Crores).
4. ºãöã ¶ãñ 14.12.2006 ããñ ¹ããèãè ºãöã â¡ãñ ½ããñ¶ãñãÔã (¹ããèºããèããÃ½ã) ãñ 76% ÃãäãÌããè Íãñ¾ãÀãò ãã ããä£ãØãÆÖ¥ã ãäã¾ãã. 4. On 14.12.2006, the Bank has acquired 76% equity shares of PT Bank Indo
¹ããäÀ¥ãã½ãÔÌãÁ¹ã, ã¦ã ãäª¶ããâã Ôãñ ¹ããèºããèããÃ½ã ºãöã ãã ã ã¶ãìÓãâØããè ºã¶ã Øã¾ãã Öõ. Monex (PBIM). Consequently, PBIM has become a subsidiary of the Bank
since that date.
18.4.1. ãäÀ¹ããñ Êãñ¶ãªñ¶ã / Repo Transactions
ÌãÓãÃ ãñ ªãõÀã¶ã ãäÀ¹ããñ ããõÀ ¹ãÆ¦¾ããÌããä¦ãÃ¦ã ãäÀ¹ããñ ãñ ã£ããè¶ã ãäºãããè Ìãâ ã¾ã ããè ØãÃ ¹ãÆãä¦ã¼ãîãä¦ã¾ããò ãã º¾ããñÀã ãä¶ã½¶ãã¶ãìÔããÀ Öõ:
The details of securities sold and purchased under repos and reverse repos during the year are given below :
½ãªò / Items ÌãÓãÃ ãñ ªãõÀã¶ã ¶¾ãî¶ã¦ã½ã ÌãÓãÃ ãñ ªãõÀã¶ã ããä£ãã¦ã½ã ÌãÓãÃ ãñ ªãõÀã¶ã ªõãä¶ãã ããõÔã¦ã ÌãÓãÃ ãñ ãâ¦ã ½ãò ÍãñÓã ÀããäÍã
ºããã¾ãã ÀããäÍã ºããã¾ãã ÀããäÍã ºããã¾ãã ÀããäÍã
Minimum outstanding Maximum outstanding Daily Average outstanding Balance as on
during the year* during the year during the year* year end
ãääÀ¹ããñ ãñ ã£ããè¶ã ãäºããÆãè ããè ØãÃ ¹ãÆãä¦ã¼ãîãä¦ã¾ããú 0.00 11873.63 325.38 5000.00
Securities sold under repos (0.00) (9208.00) (365.87) (2100.00)
¹ãÆ¦¾ããÌããä¦ãÃ¦ã ãääÀ¹ããñ ãñ ã£ããè¶ã ãÆ¾ã ããè ØãÃ ¹ãÆãä¦ã¼ãîãä¦ã¾ããú 0.00 20512.05 3707.28 0.00
Securities purchased under reverse repos (0.00) (18299.00) (1672.77) (0.00)
(ããñÓããò ½ãñâ ãäª Øã ããâã¡ûñ ãä¹ãÊãñ ÌãÓãÃ ãñ Öö / Figures in brackets are for Previous Year)
18.4.2 ØãõÀ ÔããâãäÌããä£ãã ÞãÊããä¶ããä£ã ã¶ãì¹ãã¦ã (¶ããù¶ã ÔãÊãããÀ) ãäÌããä¶ã£ãã¶ã ÔãâãäÌã¼ããØã
Non-SLR Investment Portfolio
(i) ØãõÀ ÔããâãäÌããä£ãã ÞãÊããä¶ããä£ã ã¶ãì¹ãã¦ã (¶ããù¶ã ÔãÊãããÀ) ãäÌããä¶ã£ãã¶ããò ããè ãä¶ãØãÃ½ãã¦ããÃ ÔãâÀÞã¶ãã :
Issuer composition of Non SLR Investments
ºãöã ãñ ØãõÀ ÔããâãäÌããä£ãã ÞãÊããä¶ããä£ã ã¶ãì¹ãã¦ã (¶ããù¶ã ÔãÊãããÀ) ãäÌããä¶ã£ãã¶ããò ããè ãä¶ãØãÃ½ãã¦ããÃ ÔãâÀÞã¶ãããä¶ã½¶ãã¶ãìÔããÀ Öõ :
The issuer composition of non-SLR investments of the Bank is given below :
Ôãâ. ãää¶ãØãÃ½ãã¦ããÃ / Issuer ÔããÊã ºããã¾ãã ÀããäÍã ãä¶ãããè Ô©ãã¹ã¶ã `ãäÌããä¶ã£ãã¶ã Ñãñ¥ããè Ôãñ ã½ã' `ãäºã¶ãã ÀñãäâØã ÌããÊããè` `ãÔãîÞããèØã¦ã'
ããè ½ãã¨ãã ¹ãÆãä¦ã¼ãîãä¦ã¾ããñâ ããè ½ãã¨ãã ¹ãÆãä¦ã¼ãîãä¦ã¾ããñâ ããè ½ãã¨ãã ¹ãÆãä¦ã¼ãîãä¦ã¾ããñâ ããè ½ãã¨ãã
No. Gross outstanding Extent of Private Extent of 'Below Invest- Extent of Ùnrated' Extent of Ùnlisted'
Placement ment Grade' Securities * Securities * Securities *
(i) ÔããÌãÃããä¶ãã àãñ¨ã ãñ 5865.49 603.93 132.00 34.11 111.11
¹ããÆ½ã / PSUs (6195.41) (1123.06) (0.00) (33.27) (299.13)
(ii) ãääÌã§ããè¾ã ÔãâÔ©ããú / FIs 1401.04 1398.36 255.90 108.65 404.54
(1198.25) (1196.87) (0.00) (255.90) (255.90)
(iii) ºãõâã / Banks 3507.06 2313.53 125.13 0.00 60.00
(3582.62) (2473.95) (93.72) (5.00) (45.00)
(iv) ãää¶ãããè ããÀ¹ããñÀñ 3701.90 757.49 143.59 80.07 110.27
Private Corporates (3666.87) (630.46) (98.42) (601.30) (638.00)
(v) ã¶ãìÓãâãäØã¾ããúâ/ Ôãâ¾ãìã¦ã ²ã½ã 2611.26 0.00 0.00 0.00 0.00
Subsidiaries / Joint ventures ** (2449.65) (0.00) (0.00) (0.00) (0.00)
(vi) ã¶¾ã / Others 11605.76 8337.63 538.82 513.20 1842.79
(7727.33) (4518.95) (218.48) (456.54) (1391.99)
(vii) ½ãîÊ¾ãÖÆãÔã ãñ ãäÊã Àãã Øã¾ãã ¹ãÆãÌã£ãã¶ã 589.79 ÊããØãî ¶ãÖãé/ NA 0.92 ÊããØãî ¶ãÖãé / NA ÊããØãî ¶ãÖãé / NA
Provision held towards
depreciation (465.13) ÊããØãî ¶ãÖãé / NA (1.38) ÊããØãî ¶ãÖãé / NA ÊããØãî ¶ãÖãé / NA
¾ããñØã / Total 28102.72 13410.94 1195.44 736.03 2528.71
ãä¹ãÊãã ÌãÓãÃ/ Previous Year 24355.00 9943.29 410.63 1352.01 2630.02
(ããñÓããò ½ãò ãäª Øã ããâãü¡ñ ãä¹ãÊãñ ÌãÓãÃ ãñ Öö / Figures in brackets are for Previous Year)
* ÃãäãÌããè, ÃãäãÌããè-Ôã½ºã® ãäÊãã¦ããò, ãããäÔ¦ã Ôã½ããä©ãÃ¦ã ¹ãÆãä¦ã¼ãîãä¦ããð¦ã ãäÊãã¦ã, ÔãÀããÀãè ¹ãÆãä¦ã¼ãîãä¦ã¾ããò ããõÀ ¹ããÔã -©ãÆî-ÔããäÃãä¹ããñ ½ãò ãäÌããä¶ã£ãã¶ã ããñ ¶ã Ñãñãä¥ã¾ããò ãñ ãâ¦ãØãÃ¦ã ÔããäÊã ãÊãØã-ãÊãØã ãäÌã¼ãã¦ã ¶ãÖãé ãäã¾ãã Øã¾ãã Öõ ã¾ããòãäã ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ
¹ãÆãÔãâãäØãã ãäªÍãã-ãä¶ãªóÍããò ãñ ãâ¦ãØãÃ¦ã ã¦ã ½ãªñ ¶ãÖãé ãã¦ããè Öõâ.
** ã¶ãìÓãâãäØã¾ããò / Ôãâ¾ãìã¦ã ªá¾ã½ããò ½ãò ãäÌããä¶ã£ãã¶ããò ããñ ãäÌããä¼ã¶¶ã ÌãØããô ½ãò ÔããäÊã ãÊãØã-ãÊãØã ãäÌã¼ãã¦ã ¶ãÖãé ãäã¾ãã Øã¾ãã Öõ ã¾ããòãäã ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ ¹ãÆãÔãâãäØãã ãäªÍãã-ãä¶ãªóÍããò ãñ ãâ¦ãØãÃ¦ã ã¦ã ½ãªñ ¶ãÖãé ãã¦ããè Öâõ.
* Investment in equity, equity linked instruments, asset backed securitised instruments, Govt. securities and pass through certificates have not been segregated
under these categories as these are not covered under relevant RBI guidelines.
** Investments in Subsidiaries/Joint Venture have not been segregated into various categories as these are not covered under relevant RBI guidelines.
104
C104 K104
ii) ãÊãã¼ãããÀãè ØãõÀ ÔããâãäÌããä£ãã ÞãÊããä¶ããä£ã ã¶ãì¹ãã¦ã (¶ããù¶ã ÔãÊãããÀ) ãäÌããä¶ã£ãã¶ã ii) Non Performing Non-SLR Investments
ãääÌãÌãÀ¥ã ÀããäÍã ÀããäÍã Particulars Amount Amount
2006-07 2005-06 2006-07 2005-06
Opening Balance 254.57 221.97
ã©ãÍãñÓã 254.57 221.97
Additions during the year 19.13 93.29
ÌãÓãÃ ãñ ªãõÀã¶ã ¹ããäÀÌã£ãÃ¶ã 19.13 93.29 Reductions during the year 30.28 60.69
ÌãÓãÃ ãñ ªãõÀã¶ã ã½ããè 30.28 60.69 Closing balance 243.42 254.57
ãä¦ã ÍãñÓã 243.42 254.57 Total provisions held 208.68 232.24
Àãñ Øã ãìÊã ¹ãÆãÌã£ãã¶ã 208.68 232.24 18.5 Derivatives
18.5 ¡ñÀãèÌãñãäÌÔã 18.5.1 Forward Rate Agreement / Interest Rate Swap
Items As at As at
18.5.1 Ìãã¾ãªã ªÀ ãÀãÀ / º¾ããã ªÀ ãäÌããä¶ã½ã¾ã 31-Mar-2007 31-Mar-2006
½ãªò / Items 31½ããÞãÃ 2007 ããè 31½ããÞãÃ 2006 ããè i) The notional principal of swap agreements 186610.70 97967.93
ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ii) Losses which would be incurred if
i) ãäÌããä¶ã½ã¾ã ãÀãÀãñâ ããè ãã¶ãì½ãããä¶ãã ½ãîÊã ÀããäÍã 186610.70 97967.93 counterparties failed to fulfil their
obligations under the agreements 2415.53 671.59
ii) ¹ãÆãä¦ã¹ãàããò ´ãÀã ãÀãÀ ãñ ã£ããè¶ã ã¹ã¶ããè ºãã£¾ã¦ããããò ããñ ¹ãîÀã
iii) Collateral required by the Bank upon
ãÀ¶ãñ ½ãò ãÔã¹ãÊã Öãñ¶ãñ ¹ãÀ Öãñ¶ãñ ÌããÊããè Öããä¶ã¾ããú 2415.53 671.59 entering into swaps Nil Nil
iii) ãäÌããä¶ã½ã¾ã ½ãò Íãããä½ãÊã Öãñ¶ãñ ¹ãÀ ºãöã ´ãÀã ã¹ãñãäàã¦ã Ôãâ¹ãããäÍÌãÃã Íãî¶¾ã Íãî¶¾ã iv) Concentration of credit risk arising
iv) ãäÌããä¶ã½ã¾ã Ôãñ ªá¼ãî¦ã ¨ãÉ¥ã-ããñãäã½ã ãã ãñ¶³ãèãÀ¥ã ¶ãØã¥¾ã ¶ãØã¥¾ã from the swaps Not Significant Not Significant
v) ãäÌããä¶ã½ã¾ã - ºãÖãè ãã ãäÞã¦ã ½ãîÊ¾ã 35.41 - 82.52 v) The fair value of the swap book 35.41 - 82.52
18.5.2 ºããããÀ (ãÔãÞãòã) ½ãò Ì¾ãã¹ããÀ ãäã Øã º¾ããã-ªÀ ¡ñÀãèÌãñãäÌÔã 18.5.2 Exchange Traded Interest Rate Derivatives
Sr. No. Particulars Current Year Previous Year
ã½ã Ôãâ. ãäÌãÌãÀ¥ã ÀããäÍã ãä¹ãÊãã ÌãÓãÃ 1 Notional principal amount of exchange
1 ºããããÀ (ãÔãÞãòã) ½ãò Ì¾ãã¹ããÀ ãäã Øã º¾ããã-ªÀ ¡ñÀãèÌãñãäÌÔã ããè traded interest rate derivatives undertaken
ÌãÓãÃ ãñ ªãõÀã¶ã ãã¶ãì½ãããä¶ãã ½ãîÊã ÀããäÍã Íãî¶¾ã Íãî¶¾ã during the year Nil Nil
2 31½ããÞãÃ 2007 ããñ ºããããÀ (ãÔãÞãòã) ½ãò Ì¾ãã¹ããÀ ãäã Øã 2 Notional principal amount of exchange
traded interest rate derivatives outstanding
º¾ããã-ªÀ ¡ñÀãèÌãñãäÌÔã ããèºããã¾ãã ãã¶ãì½ãããä¶ãã ½ãîÊã ÀããäÍã Íãî¶¾ã Íãî¶¾ã as on 31st March 2007 Nil Nil
3 ºããããÀ (ãÔãÞãòã) ½ãò Ì¾ãã¹ããÀ ãäã Øã º¾ããã-ªÀ ¡ñÀãèÌãñãäÌÔã ããè 3 Notional principal amount of exchange
ãã¶ãì½ãããä¶ãã ½ãîÊã ÀããäÍã ããñ ºããã¾ãã ããõÀ `ã¦¾ããä£ãã ¹ãÆ¼ããÌããè' ¶ãÖãè Öõ Íãî¶¾ã Íãî¶¾ã traded interest rate derivatives outstanding
4 ºããããÀ (ãÔãÞãòã) ½ãò Ì¾ãã¹ããÀ ãäã Øã º¾ããã-ªÀ ¡ñÀãèÌãñãäÌÔã ãã and not `highly effective' Nil Nil
ãâãäã¦ã ºããããÀ ½ãîÊ¾ã ããñ ºããã¾ãã ããõÀ `ã¦¾ããä£ãã ¹ãÆ¼ããÌããè' ¶ãÖãè Öõ Íãî¶¾ã Íãî¶¾ã 4 Marked-to-market value of exchange traded
interest rate derivatives outstanding and not
‘highly effective’. Nil Nil
18.5.3 ¡ñÀãèÌãñãäÌÔã ½ãò ããñãäã½ã - ¨ãÉ¥ã ãã ¹ãÆããèãÀ¥ã
18.5.3 Disclosures on Risk Exposure in Derivatives
ã) Øãì¥ãã¦½ãã ¹ãÆããèãÀ¥ã
A) Qualitative Disclosure
ºãöã Ìã¦ãÃ½ãã¶ã ½ãò ããâÀ ¹ãÀ (ããñãèÔããè) º¾ããã ªÀ ããõÀ ½ãì³ã ¡ñÀãèÌãñãäÌÔã ãã Êãñ¶ãªñ¶ã ãÀ¦ãã Öõ. ºãöã ´ãÀã The Bank currently deals in over-the counter (OTC) interest rate and
ãäã¶ã º¾ããã ªÀ ¡ñÀãèÌãñãäÌÔã ãã Êãñ¶ãªñ¶ã ãäã¾ãã Øã¾ãã ¶ã½ãò, Á¹ã¾ãã º¾ããã ªÀ ãäÌããä¶ã½ã¾ã, ãäÌãªñÍããè ½ãì³ã º¾ããã currency derivatives. Interest rate derivatives dealt with by the Bank are
ªÀ ãäÌããä¶ã½ã¾ã ããõÀ Ìãã¾ãªã ªÀ ãÀãÀ Íãããä½ãÊã Öö. ºãöã ´ãÀã ãäã¶ã ½ãì³ã ¡ñÀãèÌãñãäÌÔã ãã Êãñ¶ãªñ¶ã ãäã¾ãã rupee interest rate swaps, foreign currency interest rate swaps and
Øã¾ãã¶ã½ãò, ½ãì³ã ãäÌããä¶ã½ã¾ã, Á¹ã¾ãã ¡ãÊãÀ ãäÌããÊ¹ã ããõÀ ¹ãÀÔ¹ãÀ-½ãì³ã ãäÌããÊ¹ã Íãããä½ãÊã Öö. ºãöã ãñ ØãÆãÖããò forward rate agreements. Currency derivatives dealt with by the Bank
are currency swaps, rupee dollar options and cross-currency options.
ããñ ¦¹ããªãò ãñ ãäÌãã¾ã - ¹ãÆÔ¦ããÌã, ¶ããñ ãä¶ãÌãñÍããò ¹ãÀ ãä¶ã¾ãâ¨ã¥ã ãÀ¶ãñ ãñ ãäÊã ãäª ãã¦ãñ Öö ããõÀ ºãöã ñÔãñ
The products are offered to the Bank’s customers to manage their
ãä¶ãÌãñÍããò ããè Ààãã ãñ ãäÊã ¡ñÀãèÌãñãäÌÔã ÔãâãäÌãªãú ãä¶ãÓ¹ãããäª¦ããÀ¦ãã Öõ. ºãöã ´ãÀã ¡ñÀãèÌãñãäÌÔã ãã ¹ãÆ¾ããñØã exposures and the Bank enters into derivatives contracts to cover such
Ì¾ãã¹ããÀ ãñ Ôãã©ã-Ôãã©ã ¦ãìÊã¶ã¹ã¨ã ããè ½ãªãò ããè ¹ãÆãä¦ãÀàãã ãñ ãäÊã ¼ããè ãäã¾ãã ãã¦ãã Öõ. ºãöã ÔãâÀÞã¶ãã ¦¹ããª exposures. Derivatives are also used by the Bank both for trading as well
ÔãâãäÌã¼ããØã ãñ ã£ããè¶ã ¶ã Ôãã½ãã¶¾ã ãä½ããäÑã¦ã ãäÊãã¦ããò ãã ¼ããè Êãñ¶ãªñ¶ã ãÀ¦ãã Öõ. as hedging on-balance sheet items. The Bank also deals in a mix of
these generic instruments, under the portfolio of Structured Products.
¡ñÀãèÌãñãäÌÔã Êãñ¶ãªñ¶ã ½ãò ºããããÀ ããñãäã½ã Íãããä½ãÊã Öö ã©ããÃ¦ãá º¾ããã ªÀãò/ãäÌããä¶ã½ã¾ã ªÀãò ½ãò ¹ãÆãä¦ããîÊã ¦ããÀ-
Derivative transactions carry market risk i.e. the probable loss the Bank
Þãü¤ãÌã ãñ ããÀ¥ã ºãöã ããñ Ôãâ¼ããÌ¾ã Öããä¶ã ã¶ããè ¹ãü¡ Ôãã¦ããè Öõ ããõÀ ¾ããäª ¹ãÆãä¦ã¹ãàã ã¹ã¶ããè ºãã£¾ã¦ããããò ãã
may incur as a result of adverse movements in interest rates/exchange
¹ããÊã¶ã ¶ãÖãé ãÀ¦ãñ Öõâ ¦ããñ ºãöã ããñ ¨ãÉ¥ã ããñãäã½ã ã©ããÃ¦ãá Ôãâ¼ããÌ¾ã Öããä¶ã ã¶ããè ¹ãü¡ Ôãã¦ããè Öõ. ºããñ¡Ã ´ãÀã rates and credit risk i.e. the probable loss the Bank may incur if the
ã¶ãì½ããñãäª¦ã ºãöã ããè `¡ñÀãèÌãñãäÌÔã ¶ããèãä¦ã' ºããããÀ ããñãäã½ã (Öããä¶ã ããè ããõ¦ããè ãñ Ôã¦ããÃ¦ãã ãäºã¶ªì, ããâÀãä¼ãã counterparties fail to meet their obligations. The Bank’s `Policy for
ÀããäÍã Ôããè½ãã, ãÌããä£ã, ããÍããñãä£ã¦ã ãÌããä£ã, ¹ããèÌããè 01, ãããäª)ããñ ãä¶ã¾ãâãä¨ã¦ã ããõÀ Ì¾ãÌããäÔ©ã¦ã ãÀ¶ãñ ãñ Derivatives' approved by the Board prescribes risk parameters to control
ããñãäã½ã ½ãã¶ãªâ¡ãò ããñ ãä¶ã£ããÃãäÀ¦ã ãÀ¦ããè Öõ. ¾ãÖ ¶ããèãä¦ã ØãÆãÖã ¹ãã¨ã¦ãã ½ãã¶ãªâ¡ (¨ãÉ¥ã ¹ãã¨ã¦ãã ãä¶ã£ããÃÀ¥ã, Ôã½¹ããÃ and manage market risk (cut-loss triggers, open position limits,
duration, modified duration, PV01 etc.). The policy also prescribes
ãÌããä£ã ãããäª); ¼ããè ãä¶ã£ããÃãäÀ¦ã ãÀ¦ããè Öö. ¹ãÆãä¦ã¹ãàããò ´ãÀã ¶ã ½ãã¶ãªâ¡ãò ããñ ¹ãîÀã ãÀ¶ãñ, ºãã£¾ã¦ããããò ãã ¹ããÊã¶ã
customer eligibility criteria (credit rating, tenure of relationship etc.);
ãÀ¶ãñ ãñ ªããä¾ã¦Ìã ããñ £¾ãã¶ã ½ãò Àã¦ãñ Öì Ôã½ãìãäÞã¦ã ¹ãÆãä¦ã¹ãàããè ¨ãÉ¥ã - Ôããè½ãã ãä¶ã£ããÃãäÀ¦ã ãÀ¶ãñ ¦ã©ãã ¹ãÆ¦¾ãñã credit risk is controlled by entering into derivitive transactions only
¹ãÆãä¦ã¹ãàã Ôãñ ããÔã¡ãè ãÀãÀ ãÀã¶ãñ ¹ãÀ Öãè ¡ñÀãèÌãñãäÌã Êãñ¶ãªñ¶ã ãÀãñ ¨ãÉ¥ã ããñãäã½ã ¹ãÀ ãä¶ã¾ãâ¨ã¥ã ãäã¾ãã with counterparties satisfying these criteria, setting appropriate
ãã¦ãã Öõ. counterparty exposure limits taking into account ability to honour
obligations, and entering into ISDA agreements with each counterparty.
¶ã ¨ãÉ¥ã - ããñãäã½ããò ãñ ãìÍãÊã ¹ãÆºãâ£ã¶ã ãã ÔãÌãóàã¥ã ãããäÔ¦ã ªñ¾ã¦ãã ¹ãÆºãâ£ã¶ã Ôããä½ããä¦ã (ÊãÔããèããñ)
The Asset Liability Management Committee (ALCO) of the Bank
ãÀ¦ããè Öõ. ºãöã ãñ ããñÓã ãã ½ã£¾ã-ãã¾ããÃÊã¾ã ããõÀ ããñãäã½ã ãä¶ã¾ãâ¨ã¥ã (½ãããñããÀÔããè) ãäÌã¼ããØã, Ìã¦ãÃ½ãã¶ã
oversees efficient management of these risks. The Bank’s Mid-Office
½ãò ºããããÀ ããñãäã½ã ¹ãÆºãâ£ã¶ã ãäÌã¼ããØã (½ãããÀ½ã¡ãè), ¡ñÀãèÌãñãäÌã Êãñ¶ãªñ¶ã Ôãñ Ôã½ºã® ºããããÀ ããñãäã½ã and Risk Control (MORC) Department at Treasury, now Market Risk
ãã ÔÌã¦ãâ¨ã Á¹ã Ôãñ ããä¼ããä¶ã£ããÃÀ¥ã, ãããÊã¶ã, ãä¶ã¾ãâ¨ã¥ã ãÀ¦ãã Öõ, ¶ã ããñãäã½ããò ããñ ãä¶ã¾ãâãä¨ã¦ã Ìãâ Management Department (MRMD), independently identifies, measures,
Ì¾ãÌããäÔ©ã¦ã ãÀ¶ãñ ½ãò ãããäÔ¦ã ªñ¾ã¦ãã ¹ãÆºãâ£ã¶ã Ôããä½ããä¦ã (ÊãÔããèããñ) ããè ÔãÖã¾ã¦ãã ãÀ¦ãã Öõ ¦ã©ãã ºããñ¡Ã ããè and monitors market risk associated with derivative transactions, assists
ããñãäã½ã ¹ãÆºãâ£ã¶ã Ôããä½ããä¦ã (ããÀ½ãÔããèºããè) ããñ ãä¶ã£ããÃãäÀ¦ã ¶ããèãä¦ã ãñ ã¶ãì¹ããÊã¶ã ããè ãä¶ã¾ããä½ã¦ã ãâ¦ãÀãÊã ¹ãÀ ALCO in controlling and managing these risks, and reports compliance
with policy prescriptions to the Risk Management Committee of the
ãäÀ¹ããñÃ ãÀ¦ãã Öõ.
Board (RMCB) at regular intervals.
¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ ãäªÍãã-ãä¶ãªóÍããò ãñ ã¶ãìÔããÀ ¡ñÀãèÌãñãäÌÔã ãñãäÊã Êãñãã ¶ããèãä¦ã ¦ãõ¾ããÀ ããè ØãÃ The accounting policy for derivatives has been drawn up in accordance
Öõ. with RBI guidelines.
105
C105 K105
ã) ½ãã¨ãã¦½ãã ¹ãÆããèãÀ¥ã : B) Quantitative Disclosures :
ã½ã Ôãâ ãäÌãÌãÀ¥ã ½ãì³ã ¡ñÀãèÌãñãäÌÔã º¾ããã ªÀ ¡ñÀãèÌãñãäÌÔã

Sr. No. Particulars Currency Derivatives Interest Rate Derivatives
ÞããÊãî ÌãÓãÃ ãä¹ãÊãã ÌãÓãÃ ÞããÊãî ÌãÓãÃ ãä¹ãÊãã ÌãÓãÃ
Current Year Previous Year Current Year Previous Year
(i) ¡ñÀãèÌãñãäÌÔã (ãã¶ãì½ãããä¶ãã ½ãîÊã ÀããäÍã)
Derivatives (Notional Principal Amount)
ã/a) ¹ãÆãä¦ãÀàãã ãñ ãäÊã / For hedging - 3293.79 7428.99 21219.72
ã/b) Ì¾ãã¹ããÀ ãñ ãäÊã / For trading 49938.77 6377.87 179181.71 76748.21
(ii) ºããããÀ ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ºãÖãè ½ãò ãâãäã¦ã ½ãîÊ¾ã
Marked to Market Positions
ã/a) ãããäÔ¦ã / Asset (+) 21.72 - 162.11 57.55
ã/b) ªñ¾ã¦ãã / Liability (-) - - 108.79 97.08
(iii) ã½ãã ¨ãÉ¥ã ããñãäã½ã / Credit Exposure 1517.60 3945.84 3059.23 1135.47
(iv) º¾ããã ªÀ (100* ¹ããèÌããè 01)
½ãò ã ¹ãÆãä¦ãÍã¦ã ¹ããäÀÌã¦ãÃ¶ã ãã Ôãâ¼ããÌ¾ã ¹ãÆ¼ããÌã
Likely impact of one percentage change
in interest rate (100* PV01)
ã/a) ¹ãÆãä¦ãÀàãã ¡ñÀãèÌãñãäÌÔã ¹ãÀ / on hedging derivatives - - 141.99 136.62
ã/b) Ì¾ãã¹ããÀ ¡ñÀãèÌãñãäÌÔã ¹ãÀ / on trading derivatives 0.04 0.82 - 3.38 70.74
v) ÌãÓãÃ ãñ ªãõÀã¶ã ã¶ãì¹ããÊã¶ã ãäã Øã 100* ¹ããèÌããè 01 ãã ããä£ãã¦ã½ã Ìãâ ¶¾ãî¶ã¦ã½ã
Maximum and Minimum of 100* PV 01
observed during the year
ã/a) ¹ãÆãä¦ãÀàãã ¹ãÀ / on hedging - - 12.85 & -0.24 170.19 & 30.19
ã/b) Ì¾ãã¹ããÀ ¹ãÀ / on trading -0.65 & -0.23 82.06 & -13.46 40.82 & -4.12 106.80& - 35.81
18.6 ãããäÔ¦ã Øãì¥ãÌã§ãã 18.6 Asset Quality

18.6.1 ãÊãã¼ãããÀãè ãããäÔ¦ã 18.6.1 Non-Performing Asset
½ãªò 31 ½ããÞãÃ 2007 ããè 31 ½ããÞãÃ 2006 ããè Items As at As at

ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ 31-Mar-2007 31-Mar-2006
i) ãìÊã ããäØãÆ½ããñ ããè ãä¶ãÌãÊã ãÊãã¼ãããÀãè ãããäÔ¦ã¾ããú (%) 1.56% 1.88% i) Net NPAs to Net Advances (%) 1.56% 1.88%
ii) ãÊãã¼ãããÀãè ãããäÔ¦ã¾ããò ãã ¦ããÀ-Þãü¤ãÌã (ãìÊã) ii) Movement of NPAs (Gross)
(ã) ã©ãÍãñÓã 9628.14 11656.99 (a) Opening balance 9628.14 11656.99
(ã) ÌãÓãÃ ãñ ªãõÀã¶ã ¹ããäÀÌã£ãÃ¶ã 4963.87 4327.28 (b) Additions during the year 4963.87 4327.28
(Øã) ÌãÓãÃ ãñ ªãõÀã¶ã ã½ããè 4593.79 6356.13 (c) Reductions during the year 4593.79 6356.13
(Üã) ãä¦ã ÍãñÓã 9998.22 9628.14 (d) Closing balance 9998.22 9628.14
iii) ãä¶ãÌãÊã ãÊãã¼ãããÀãè ãããäÔ¦ã¾ããò ãã ¦ããÀ-Þãü¤ãÌã
iii) Movement of Net NPAs
(ã) ã©ã ÍãñÓã 4911.41 6303.34
(a) Opening balance 4911.41 6303.34
(ã) ÌãÓãÃ ãñ ªãõÀã¶ã ¹ããäÀÌã£ãÃ¶ã 3538.50 3238.78 (b) Additions during the year 3538.50 3238.78
(Øã) ÌãÓãÃ ãñ ªãõÀã¶ã ã½ããè 3192.19 4630.71 (c) Reductions during the year 3192.19 4630.71
iv) ãÊãã¼ãããÀãè ãããäÔ¦ã¾ããò ãñ ¹ãÆãÌã£ãã¶ããò ãã ¦ããÀ-Þãü¤ãÌã iv) Movement of provisions for NPAs
(ã) ã©ã ÍãñÓã 4716.73 5353.65 (a) Opening balance 4716.73 5353.65
(ã) ÌãÓãÃ ãñ ªãõÀã¶ã ãäã Øã ¹ãÆãÌã£ãã¶ã 1425.37 1088.50 (b) Provisions made during the year 1425.37 1088.50
(Øã) ããä¦ããäÀã¦ã ¹ãÆãÌã£ãã¶ããò ãã ã¹ãÊãñã¶ã/¹ãÆãä¦ãÊãñã¶ã 1401.60 1725.42 (c) Write-off/write-back of excess provisions1401.60 1725.42
106
C106 K106
18.6.2. ¹ãì¶ãÔãÄÀÞã¶ãã ãñ ã£ããè¶ã ¨ãÉ¥ã ãããäÔ¦ã¾ããò ãã º¾ããñÀã
Details of Loan Assets subjected to Restructuring
½ãªò / Items ãã¦ããò ããè ããÀ¹ããñÀñ ¨ãÉ¥ã ¹ãì¶ãÔãÄÀÞã¶ãã Ôããè¡ãèããÀ ãñ ãâ¦ãØãÃ¦ã ÊãÜãì ããõÀ ½ã£¾ã½ã Ôããè¡ãèããÀ ããõÀ Ôã½ãÃ ¾ããñØã
Ôãâ¾ãã (Ôããè¡ãèããÀ) ¾ããñã¶ãã ¦ÔããäãÃ¦ã ÀããäÍã ²ã½ã ¾ããñã¶ãã ãñ ã£ããè¶ã (ã) ¾ããñã¶ãã ãñ ãÊããÌãã (Øã) Total
(Ôããè¡ãèããÀ) ãñ ã£ããè¶ã (ã ) Amount sacrificed Under Small & Other than under
No. of Under Corporate under CDR Medium CDR & SME
A/cs. Debt Restructuring Enterprises Scheme(C)
(CDR) (CDR) Scheme (A) Scheme (B)
i) ¹ãì¶ãÔãÄÀÞã¶ãã, ¹ãì¶ããä¶ãÃ£ããÃÀ¥ã, ¹ãì¶ã:¹ãÀãã½ã¥ã ãñ ã£ããè¶ã
¨ãÉ¥ã ãããäÔ¦ã¾ããò ããè ãìÊã ÀããäÍã
Total amount of loan assets subjected
to restructuring, rescheduling, 13 78.52 11.37 327.76 488.66 906.31
renegotiation (108) (442.82) (31.70) (81.88) (902.17) (1458.57)
(ii) ¹ãì¶ãÔãÄÀÞã¶ãã, ¹ãì¶ããä¶ãÃ£ããÃÀ¥ã, ¹ãì¶ã:¹ãÀãã½ã¥ã ãñ ã£ããè¶ã
½ãã¶ãã ãããäÔ¦ã¾ããò ããè ÀããäÍã
The amount of Standard Assets
subjected to restructuring, rescheduling, 11 31.35 11.37 267.35 327.02 637.09
renegotiation (44) (98.08) (0.44) (51.52) (270.43) (420.47)
(iii) ¹ãì¶ãÔãÄÀÞã¶ãã, ¹ãì¶ããä¶ãÃ£ããÃÀ¥ã,
¹ãì¶ã: ¹ãÀãã½ã¥ã ãñ ã£ããè¶ã ãÌã½ãã¶ãã ãããäÔ¦ã¾ããò ããè ÀããäÍã
The amount of Sub-Standard Assets
subjected to restructuring, rescheduling, 0 0 0 30.84 44.68 75.52
renegotiation (56) (210.05) (25.80) (6.86) (225.03) (467.74)
(iv) ¹ãì¶ãÔãÄÀÞã¶ãã, ¹ãì¶ããä¶ãÃ£ããÃÀ¥ã,
¹ãì¶ã: ¹ãÀãã½ã¥ã ãñ ã£ããè¶ã ÔãâãäªØ£ã ãããäÔ¦ã¾ããò ããè ÀããäÍã
The amount of Doubtful Assets
subjected to restructuring, rescheduling, 2 47.17 0 29.57 116.96 193.7
renegotiation (8) (134.69) (5.46) (23.50) (406.71) (570.36)
18.6.3 ãããäÔ¦ã ¹ãì¶ããä¶ãÃ½ããÃ¥ã ãñ ãäÊã ¹ãÆãä¦ã¼ãîãä¦ããÀ¥ã / ¹ãì¶ããä¶ãÃ½ããÃ¥ã ãâ¹ã¶ããè ããñ ãäºãããè ããè ØãÃ ãäÌã§ããè¾ã ãããäÔ¦ã¾ããò 18.6.3 Details of financial assets sold to Securitisation / Reconstruction Companies
ãã º¾ããñÀã for Asset Reconstruction
½ãªò ÞããÊãî ÌãÓãÃ ãä¹ãÊãã ÌãÓãÃ Items Current Year Previous Year
i) ãã¦ããò ããè Ôãâ¾ãã 90 131 i) No. of Accounts 90 131

ii) ¹ãÆãä¦ã¼ãîãä¦ããÀ¥ã ãâ¹ã¶ããè / ¹ãì¶ããä¶ãÃ½ããÃ¥ã ãâ¹ã¶ããè (ÔãÔããè/ããÀÔããè) ããñ ii) Aggregate value (net of provisions)
of accounts sold to SC/RC) 19.62 203.68
ãäºãããè ãäã Øã ãã¦ããñ ãã ãìÊã ½ãîÊ¾ã (¹ãÆãÌã£ãã¶ã ÜãããÀ) 19.62 203.68
iii) Aggregate consideration 33.00 196.78
iii) Ôã½ãØãÆ ¹ãÆãä¦ã¹ãÊã 33 196.78
iv) Additional consideration realized in
iv) ¹ãîÌãÃÌã¦ããê ÌãÓããô ½ãò ãâ¦ããäÀ¦ã ãã¦ããò ãñ Ôãâºãâ£ã ½ãò ¹ãÆã¹¦ã respect of accounts transferred in earlier years Nil Nil
ããä¦ããäÀã¦ã ¹ãÆãä¦ã¹ãÊã Íãî¶¾ã Íãî¶¾ã v) Aggregate gain / loss over net book value 13.38 -6.90
v) ãä¶ãÌãÊã ºãÖãè ½ãîÊ¾ã Ôãñ ããä£ãã ãìÊã Êãã¼ã / Öããä¶ã 13.38 -6.90
18.6.4 Provision on Standard Assets :
18.6.4 ½ãã¶ãã ãããäÔ¦ã¾ããò ¹ãÀ ¹ãÆãÌã£ãã¶ã The Provision on Standard Assets (including provision for restructured
ºãöã ´ãÀã ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ ãäªÍãã-ãä¶ãªóÍããò ãñ ã¶ãìÔããÀ ½ãã¶ãã ãããäÔ¦ã¾ããò (¹ãì¶ãÔãÄÀÞã¶ããØã¦ã ½ãã¶ãã ãããäÔ¦ã¾ããò ãñ standard assets) held by the Bank in accordance with RBI guidelines is as
under :
ãäÊã ¹ãÆãÌã£ãã¶ã ÔããäÖ¦ã) ¹ãÀ ãäã¾ãã Øã¾ãã ¹ãÆãÌã£ãã¶ã ãä¶ã½¶ãã¶ãìÔããÀ Öõ :
Items As at As at
½ãªò 31½ããÞãÃ 2007 31 ½ããÞãÃ 2006 31-Mar-2007 31-Mar-2006
ããè ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ããè ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ Provision towards Standard Assets 1713.93 1123.50
½ãã¶ãã ãããäÔ¦ã¾ããò ãñ ãäÊã ãäã Øã ¹ãÆãÌã£ãã¶ã 1713.93 1123.50 18.6.5 Business Ratios
18.6.5 Ì¾ãÌãÔãã¾ã ã¶ãì¹ãã¦ã Items Current Year Previous Year
½ãªò ÞããÊãî ÌãÓãÃ ãä¹ãÊãã ÌãÓãÃ i. Interest Income as a percentage to
Working Funds 7.34% 7.19%
i. ãã¾ãÃÍããèÊã ãä¶ããä£ã¾ããò ããè ¦ãìÊã¶ãã ½ãò º¾ããã ãã¾ã ãã ¹ãÆãä¦ãÍã¦ã 7.34% 7.19% ii. Non-interest income as a percentage to
ii. ãã¾ãÃÍããèÊã ãä¶ããä£ã¾ããò ããè ¦ãìÊã¶ãã ½ãò º¾ãããñ¦ãÀ ãã¾ã ãã ¹ãÆãä¦ãÍã¦ã 1.07% 1.48% Working Funds 1.07% 1.48%
iii. Operating Profit as a percentage to
iii.ãã¾ãÃÍããèÊã ãä¶ããä£ã¾ããò ããè ¦ãìÊã¶ãã ½ãò ¹ããäÀÞããÊã¶ã Êãã¼ã ãã ¹ãÆãä¦ãÍã¦ã 1.86% 2.27% Working Funds 1.86% 2.27%
iv. ãããäÔ¦ã¾ããò ¹ãÀ ¹ãÆãä¦ãÊãã¼ã 0.84% 0.89% iv. Return on Assets 0.84% 0.89%
v. ¹ãÆãä¦ã ã½ãÃÞããÀãè Ì¾ãÌãÔãã¾ã (ã½ããÀããäÍã¾ããú Ìãâ ããäØãÆ½ã ããñü¡ãÀ) v. Business (Deposits plus advances)
per employee (Rs. in thousands) 35700 29923
(Á. ÖããÀ ½ãò) 35700 29923
vi. Profit per employee (Rs. in thousands) 236.81 216.76
vi. ¹ãÆãä¦ã ã½ãÃÞããÀãè Êãã¼ã(Á. ÖããÀ ½ãò) 236.81 216.76
107
C107 K107
18.6.6 ãããäÔ¦ã ªñ¾ã¦ãã ¹ãÆºãâ£ã¶ã/ Asset Liability Management :
31 ½ããÞãÃ 2007 ããè ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ãããäÔ¦ã¾ããò ããõÀ ªñ¾ã¦ããããò ããè ãì ½ãªãò ããè ¹ããäÀ¹ããÌã¦ãã ãã ÔÌãÁ¹ã
Maturity pattern of certain items of assets and liabilities as at 31st March 2007
1 Ôãñ 14 ãäª¶ã 15 Ôãñ 28 ãäª¶ã 29 ãäª¶ã Ôãñ 3 ½ããÔã 3 ½ããÔã Ôãñ ããä£ãã 6 ½ããÔã Ôãñ ããä£ãã 1 ÌãÓãÃ Ôãñ ããä£ãã 3 ÌãÓãÃ Ôãñ ããä£ãã 5 ÌãÓãÃ Ôãñ ããä£ãã ¾ããñØã
1 to 14 days 15 to 28 days 29 days to ãäãâ¦ãì 6 ½ããÔã ¦ãã ãäãâ¦ãìì 1 ÌãÓãÃ¦ãã ãäãâ¦ãì 3 ÌãÓãÃ ¦ãã ãäãâ¦ãìì 5 ÌãÓãÃ ¦ãã Over 5 years TOTAL
3 months Over 3 months Over 6 months Over 1 year & Over 3 years &
& upto 6 months & upto 1year upto 3 years upto 5 years
ã½ããÀããäÍã¾ããú
Deposits 56990.43 5231.58 17980.35 18266.34 40393.61 120010.53 95365.78 81282.46 435521.09
(49404.38) (4520.29) (9855.03) (11748.82) (38549.13) (108646.22) (79466.47) (77855.71) (380046.05)
ããäØãÆ½ã
Advances 56774.22 5477.79 16079.60 15482.72 13281.92 144478.01 32195.00 53567.23 337336.49
(42549.93) (4746.40) (13806.29) (11608.41) (10270.39) (109432.89) (22055.34) (47331.29) (261800.94)
ãäÌããä¶ã£ãã¶ã
Investments 656.34 3303.68 9569.63 3475.99 2647.09 27142.16 21411.21 80942.78 149148.88
(1043.92) (2244.92) (8544.31) (4806.39) (2061.02) (28351.24) (29926.36) (85556.08) (162534.24)
£ããÀ-ÀããäÍã¾ããú
Borrowings 9466.58 1658.72 8519.72 4361.37 3579.61 5304.65 5579.20 1233.48 39703.33
(9500.71) (2902.69) (2750.27) (4883.05) (1805.31) (3860.97) (4588.16) (350.08) (30641.24)
ãäÌãªñÍããè ½ãì³ã ãããäÔ¦ã¾ããú *
Foreign 25077.27 3495.20 12064.98 10498.96 5345.62 10942.91 7867.62 3925.82 79218.38
Curency Assets * (22097.59) (4983.45) (13597.43) (7697.79) (4933.79) (9812.51) (6867.94) (2201.63) (72192.13)
ãääÌãªñÍããè ½ãì³ã ªñ¾ã¦ããú
Foreign Currency 16643.24 5457.66 17742.00 9268.26 10215.19 11007.09 6207.31 1573.32 78114.07
Liabilties (19843.98) (5688.11) (10327.21) (10645.15) (10285.82) (8414.29) (4964.48) (770.42) (70939.46)
(ããñÓããò ½ãò ãäª Øã ããâãü¡ñ 31 ½ããÞãÃ 2006 ãñ Öö )
* (¹ãÆºãâ£ã¶ã ¶ãñ ¶ããã ÔãâãÊã¶ã ãäã¾ãã Öõ ããõÀ Êãñãã¹ãÀãèàãããò ¶ãñ ¶Öò ÔÌããèããÀ ãäã¾ãã Öõ )
Figures in brackets are as at 31st March 2006
* As compiled by the Management and relied upon by the Auditors
18.7 ããäÔ©ãÀ àãñ¨ããò ããñ ¨ãÉ¥ãã¶Ìã¾ã¶ã 18.7 Lending to Sensitive Sectors

ºãöã ¶ã àãñ¨ããò ããñ ¨ãÉ¥ã ¹ãÆªã¶ã ãÀ ÀÖã Öõ, ãäã¶ããñ ãããäÔ¦ã ½ãîÊ¾ã ½ãò ¦ããÀ-Þãü¤ãÌã Öãñ¦ãã ÀÖ¦ãã Öõ. Ô©ããÌãÀ Ôãâ¹ãªã ããõÀ The Bank has lending to sectors which are sensitive to asset price fluctuations.
¹ãîâããè ºããããÀ ãñ àãñ¨ã ñÔãñ Öãè ããäÔ©ãÀ àãñ¨ã Öö. These sensitive sectors are real estate and capital markets.
18.7.1. Exposure to Real Estate Sector

18.7.1. Ô©ããÌãÀ Ôãâ¹ãªã àãñ¨ã Ôãñ Ôãâºãâãä£ã¦ã ¨ãÉ¥ã-ããñãäã½ã
Items As at As at
½ãªò 31½ããÞãÃ 2007 ããè 31 ½ããÞãÃ 2006 ããè 31-Mar-2007 31-Mar-2006
ã) ¹ãÆ¦¾ãàã ¨ãÉ¥ã-ããñãäã½ã A) Direct exposure
i) ããÌããÔããè¾ã ºãâ£ãã 33412.29 23248.97 i) Residential Mortgages 33412.29 23248.97

Of which individual housing loans
ãäã¶ã½ãò Ôãñ 15 Êããã Á¹ã ¦ãã ãñ Ì¾ããäã¦ãØã¦ã up to Rs.15 lakhs 26851.28 16704.62
ããÌããÔã ¨ãÉ¥ã 26851.28 16704.62
ii) Commercial Real Estate 6264.55 4574.16
ii) Ìãããä¥ããä¾ãã Ô©ããÌãÀ Ôãâ¹ãªã 6264.55 4574.16 iii) Investments in Mortgage Backed
iii) ºãâ£ãã Ôã½ããä©ãÃ¦ã ¹ãÆãä¦ã¼ãîãä¦ã¾ããò (½ãºããèÔã) ¦ã©ãã Securities (MBS) and other securitised
ã¶¾ã ¹ãÆãä¦ã¼ãîãä¦ããð¦ã ¨ãÉ¥ã-ããñãäã½ããò ½ãò ãäÌããä¶ã£ãã¶ã : exposures : -
ã) ããÌããÔããè¾ã - 6.85 a) Residential — 6.85
ã) Ìãããä¥ããä¾ãã Ô©ããÌãÀ Ôãâ¹ãªã 0.08 112.09 b) Commercial Real Estate 0.08 112.09
ã) ã¹ãÆ¦¾ãàã ¨ãÉ¥ã-ããñãäã½ã B) Indirect Exposure
ÀãÓÈãè¾ã ããÌããÔã ºãöã (¶ãÞãºããè) ¦ã©ãã ããÌããÔã ãäÌã§ããè¾ã Fund based and non-fund based exposures on
National Housing Bank (NHB) and Housing
ãâ¹ããä¶ã¾ããò (Þã¹ãÔããè) ½ãò ãä¶ããä£ã ãã£ãããäÀ¦ã ããõÀ ØãõÀ-ãä¶ããä£ã
Finance Companies (HFCs) 1044.21 4779.27
ãã£ãããäÀ¦ã ¨ãÉ¥ã - ããñãäã½ã 1044.21 4779.27
Total 40721.13 32721.34
¾ããñØã 40721.13 32721.34
108
C108 K108
18.7.2 ¹ãîâããè ºããããÀ Ôãñ Ôãâºãâãä£ã¦ã ¨ãÉ¥ã-ããñãäã½ã 18.7.2 Exposure to Capital Market
½ãªò 31½ããÞãÃ 2007 ããè 31½ããÞãÃ 2006 ããè Items As at As at
ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ 31-Mar-2007 31-Mar-2006
i) ÃãäãÌããè Íãñ¾ãÀãò ½ãò ãäã Øã ãäÌããä¶ã£ãã¶ã 1973.48 1518.02 i) Investments made in equity shares 1973.48 1518.02
ii) ¹ããäÀÌã¦ãÃ¶ãÍããèÊã ºããâ¡ãò / ¹ããäÀÌã¦ãÃ¶ãÍããèÊã ãä¡ºãòÞãÀãò ½ãò ãäÌããä¶ã£ãã¶ã 142.63 105.76 ii) Investments in convertible bonds /
convertible debentures 142.63 105.76
iii)ÃãäãÌããè-¶½ãìã ½¾ãîÞ¾ãìãÊã ¹ãâ¡ãò ããè ¾ãîãä¶ããò ½ãò ãäÌããä¶ã£ãã¶ã 650.78 651.06
iii) Investments in units of equity-oriented
iv) ÃãäãÌããè Íãñ¾ãÀãò (Ôã½ãò ¹ãÆãÀâãä¼ãã ÔããÌãÃããä¶ãã ¹ãÆÔ¦ããÌã (ãã¹ããèããñ)/ mutual funds 650.78 651.06
ã½ãÃÞããÀãè Ôãùã ãäÌããÊ¹ã ¾ããñã¶ããú (Ôãããñ¹ããèÔã), iv) Advances against shares to individuals for
ºããâ¡ ããõÀ ãä¡ºãòÞãÀ, ÃãäãÌããè ¶½ãìã ½¾ãîÞ¾ãìãÊã ¹ãâ¡ãò ããè investment in equity shares (including IPOs/ESOPS),
¾ãîãä¶ãò Íãããä½ãÊã Öõâ) ½ãò ãäÌããä¶ã£ãã¶ã ãñ ãäÊã Ì¾ããäã¦ã¾ããò bonds and debentures, units of equity oriented
ããñ ãäª ãã¶ãñ ÌããÊãñ Íãñ¾ãÀãò ãñ Ôãã¹ãñàã ããäØãÆ½ã 317.70 63.54 mutual funds. 317.70 63.54
v) Íãñ¾ãÀ ªÊããÊããò ããñ ¹ãÆãä¦ã¼ãî¦ã ããõÀ ã¹ãÆãä¦ã¼ãî¦ã ããäØãÆ½ã v) Secured and unsecured advances to stockbrokers
¦ã©ãã Íãñ¾ãÀ ªÊããÊããò Ìãâ Íãñ¾ãÀ Ôãâ¦ãìÊã¶ãã¦ããÃããò ããè and guarantees issued on behalf of stockbrokers
ããñÀ Ôãñ ããÀãè ØããÀâãä¾ããú 181.90 0.32 and market makers 181.90 0.32
Total Exposure to Capital Market 3266.49 2338.70
¹ãîâ ããè ºããããÀ Ôãñ Ôãâºãâãä£ã¦ã ãìÊã ¨ãÉ¥ã-ããñãäã½ã 3266.49 2338.70
vi) Of (v) above, the total finance extended to
vi) ¹ãÀ (v) ½ãò Ôãñ Íãñ¾ãÀ ªÊããÊããò ããñ ½ãããäãÃ¶ã Ì¾ãã¹ããÀ ãñ ãäÊã stockbrokers for margin trading — —
ãäª Øã ãìÊã ãäÌã§ã — —
18.7.3 ÌãØãÃÌããÀ-ªñÍãÌããÀ ¨ãÉ¥ã-ããñãäã½ã : ¹ãÆºãâ£ã¶ã ¶ãñ ¶ããã ÔãâãÊã¶ã ãäã¾ãã Öõ ããõÀ Êãñãã¹ãÀãèàãããò ¶ãñ ¶Öò ÔÌããèããÀ ãäã¾ãã Öõ.
¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ Ìã¦ãÃ½ãã¶ã ãäªÍãã-ãä¶ãªóÃÍããò ãñ ã¶ãìÔããÀ, ºãöã ãñ ªñÍãÌããÀ ¨ãÉ¥ã-ããñãäã½ã ãã ÌãØããêãÀ¥ã ãä¶ã½¶ã ¦ãããäÊããã ½ãò ÔãîÞããèºã® ãäÌããä¼ã¶¶ã ããñãäã½ã ÌãØããô ½ãò ãäã¾ãã Øã¾ãã Öõ. ºãöã ãã ªñÍãÌããÀ ¨ãÉ¥ã-ããñãäã½ã (ãä¶ãÌãÊã) ãäãÔããè ¼ããè ªñÍã ãñ ãäÊã 1% Ôãñ ããä£ãã
¶ãÖãé Öõ ããõÀ ÔããäÊã ªñÍãÌããÀ ¨ãÉ¥ã-ããñãäã½ã ãñ ãäÊã ãäãÔããè ¹ãÆãÌã£ãã¶ã ããè ããÌãÍ¾ãã¦ãã ¶ãÖãé Öõ.
Risk Categorywise Country Exposure : As compiled by the management and relied upon by the auditors.
As per the extant RBI guidelines, the country exposure of the Bank is categorised into various risk categories listed in the following table. The country exposure (net) of the
Bank does not exceed 1% for any country, and hence no provision for the country exposure is required.
ããñãäã½ã ÌãØãÃ ¨ãÉ¥ã-ããñãäã½ã (ãä¶ãÌãÊã) ãäã¾ãã Øã¾ãã ¹ãÆãÌã£ãã¶ã

Risk Category Exposure (net) Provision held
31 ½ããÞãÃ 2007 ããè 31 ½ããÞãÃ 2006 ããè 31 ½ããÞãÃ 2007 ããè 31 ½ããÞãÃ 2006 ããè
ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ
As at 31-Mar-2007 As at 31-Mar-2006 As at 31-Mar-2007 As at 31-Mar-2006
¶ãØã¥¾ã / Insignificant 17422.69 11877.51 Íãî¶¾ã / Nil Íãî¶¾ã / Nil
ã½ã / Low 5820.66 3866.53 Íãî¶¾ã / Nil Íãî¶¾ã / Nil
Ôãã½ãã¶¾ã / Moderate 6425.83 4668.10 Íãî¶¾ã / Nil Íãî¶¾ã / Nil
ããä£ãã / HIgh 3041.29 2759.90 Íãî¶¾ã / Nil Íãî¶¾ã / Nil
ã¦¾ããä£ãã / Very HIgh 1340.10 427.16 Íãî¶¾ã / Nil Íãî¶¾ã / Nil
¹ãÆãä¦ãºãâãä£ã¦ã / ¨ãÉ¥ã ½ãò Íãããä½ãÊã ¶ã Öãñ¶ãñ ÌããÊãñ
Restricted / Off-Credit 19.57 – Íãî¶¾ã / Nil Íãî¶¾ã / Nil
¾ããñØã / Total 34070.14 23599.20 Íãî¶¾ã / Nil Íãî¶¾ã / Nil
18.7.4 ºãöã ´ãÀã ããä¦ãããä½ã¦ã ãÊã £ããÀã§ããÃ Ôããè½ãã, Ôã½ãîÖ £ããÀã§ããÃ Ôããè½ãã ãã º¾ããñÀã :
Details of Single Borrower Limit, Group Borrower Limit exceeded by the Bank :
ºãöã ¶ãñ ãä¶ã½¶ããäÊããäã¦ã ½ãã½ãÊããò ½ãò ¾ã©ããñãäÞã¦ã Ôããè½ãã ãñ ããä¦ãã½ã¥ã ½ãò ãÊã £ããÀã§ããÃ ¨ãÉ¥ã-ããñãäã½ã ãäÊã :
The Bank had taken single borrower exposures in excess of the prudential limit in the cases given below :
£ããÀã§ããÃ ãã ¶ãã½ã ¨ãÉ¥ã-ããñãäã½ã ããè ÞÞã§ã½ã Ôããè½ãã ÔãâÔÌããèãð¦ã Ôããè½ãã (ÞãÀ½ã Ô¦ãÀ) Ôããè½ãã ãñ ããä¦ãã½ã¥ã ããè ãÌããä£ã 31.03.07 ããè ãäÔ©ããä¦ã (ºããã¾ãã)
Name of the Borrower Exposure ceiling Limit Sanctioned Period during which limit Position as on
(Peak Level) exceeded 31.03.07 (Outstanding)
âãä¡¾ã¶ã ããù¾ãÊã ããÀ¹ããñÀñÍã¶ã ãäÊã. ã¹ãÆõÊã 2006 Ôãñ ½ããÞãÃ 2007

Indian Oil Corporation Ltd.* 4793.55 7681.72 April 2006 to March 2007 7604.22
¼ããÀ¦ã ÖõÌããè ÊãõãäãÈãÊÔã ãäÊã. ãìÊããÃ 2006 Ôãñ ½ããÞãÃ 2007

Bharat Heavy Electricals Ltd.** 4793.55 5237.25 July 2006 to March 2007 5237.25
ãäÀÊãã¾ãâÔã â¡ÔÈãèã ãäÊã. ãØãÔ¦ã 2006 Ôãñ ½ããÞãÃ 2007

Reliance Industries Ltd. ** 4793.55 5457.66 August 2006 to March 2007 5278.75
* ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ ãäÌããäÍãÓ ã¶ãì½ããñª¶ã Ôãñ / with the specific approval of RBI
** ºããñ¡Ã ãñ ã¶ãì½ããñª¶ã Ôãñ / with the approval of Board
109
C109 K109
18.8 ãäÌããäÌã£ã 18.8 Miscellaneous
18.8.1 ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ´ãÀã ÊãØãã Øã ªâ¡ãò ãã ¹ãÆããèãÀ¥ã 18.8.1 Disclosure of Penalties imposed by RBI Nil
(Previous year - Nil)
Íãî¶¾ã (ãä¹ãÊãã ÌãÓãÃ -Íãî¶¾ã )
18.8.2 Status of customer complaints : As compiled by the management.
18.8.2 ØãÆãÖã - ãäÍããã¾ã¦ããò ããè ãäÔ©ããä¦ã : ¶ããã ÔãâãÊã¶ã ¹ãÆºãâ£ã¶ã ¶ãñ ãäã¾ãã Öõ. Items As at
½ãªò 31½ããÞãÃ 2007 ããè 31-Mar-2007
ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ No. of complaints pending at the beginning of the year 322
ÌãÓãÃ ãñ ããÀâ¼ã ½ãò ãäÌãÞããÀã£ããè¶ã ãäÍããã¾ã¦ããò ããè Ôãâ. 322 No. of complaints received during the year 16168
ÌãÓãÃ ãñ ªãõÀã¶ã ¹ãÆã¹¦ã ãäÍããã¾ã¦ããò ããè Ôãâ. 16168 No. of complaints redressed during the year 16036
No. of complaints pending at the end of the year 454
ÌãÓãÃ ãñ ªãõÀã¶ã ãä¶ãÌããÀ¥ã ããè ØãÃ ãäÍããã¾ã¦ããò ããè Ôãâ. 16036
ÌãÓãÃ ãñ ãâ¦ã ½ãò ãäÌãÞããÀã£ããè¶ã ãäÍããã¾ã¦ããò ããè Ôãâ. 454 18.8.3 Awards passed by the Banking Ombudsman : As compiled by the
management.
18.8.3 ºãöãäãâØã Êããñã¹ããÊã ´ãÀã ¹ãããäÀ¦ã ããä£ããä¶ã¥ãÃ¾ã : ¶ããã ÔãâãÊã¶ã ¹ãÆºãâ£ã¶ã ¶ãñ ãäã¾ãã Öõ. Items Current Year
½ãªò ÞããÊãî ÌãÓãÃ No. of unimplemented Awards at the beginning of the year
No. of Awards passed by the Banking Ombudsman
ÌãÓãÃ ãñ ããÀâ¼ã ½ãò ãã¾ããÃãä¶Ìã¦ã ¶ãÖãé ãäã Øã ããä£ããä¶ã¥ãÃ¾ããò ããè Ôãâ -
during the year 10
ÌãÓãÃ ãñ ªãõÀã¶ã ºãöãäãâØã Êããñã¹ããÊã ´ãÀã ¹ãããäÀ¦ã ããä£ããä¶ã¥ãÃ¾ããò ããè Ôãâ 10 No. of Awards implemented during the year 10
ÌãÓãÃ ãñ ªãõÀã¶ã ãã¾ããÃãä¶Ìã¦ã ããä£ããä¶ã¥ãÃ¾ããò ããè Ôãâ 10 No. of unimplemented Awards at the end of the year —
ÌãÓãÃ ãñ ãâ¦ã ½ãò ãã¾ããÃãä¶Ìã¦ã ¶ãÖãé ãäã Øã ããä£ããä¶ã¥ãÃ¾ããò ããè Ôãâ - 18.8.4 The Bank has not received any intimation from the suppliers regarding their
status under the Micro, Small & Medium Enterprises Development Act, 2006
18.8.4 ºãöã ããñ ãã¹ãîãä¦ãÃã§ããÃããò Ôãñ Ì¾ããäÓ, ÊãÜãì Ìãâ ½ã£¾ã½ã ²ã½ã ãäÌãããÔã ããä£ããä¶ã¾ã½ã 2006 ãñ ãâ¦ãØãÃ¦ã - ¶ãããè ãäÔ©ããä¦ã and hence the disclosures relating to amount unpaid as at the end of the year
Ôãñ Ôã½ºã® Þãîâãäã ããñÃ ÔãîÞã¶ãã ¹ãÆã¹¦ã ¶ãÖãé ÖìÃ Öõ, ã¦ã: ÌãÓãÃ ãñ ãâ¦ã ½ãò, ã¦ã ããä£ããä¶ã¾ã½ã ãñ ãâ¦ãØãÃ¦ã º¾ããã ÔããäÖ¦ã together with interest payable as required under the said act has not been
¼ãìØã¦ãã¶ã ¶ã ããè ØãÃ ÀããäÍã ãñ Ôãâºãâ£ã ½ãò ¶ã ¦ããñ ããñÃ ¹ãÆããèãÀ¥ã ãäã¾ãã Øã¾ãã Öõ ããõÀ ¶ã Öãè ãäÌãÊããä½ºã¦ã ¼ãìØã¦ãã¶ã ããè furnished and provision for interest, if any, on delayed payment is not
ãäÔ©ããä¦ã Ôãñ º¾ããã -¹ãÆãÌã£ãã¶ã ãã Ôã Ôã½ã¾ã ã¶ãì½ãã¶ã ÊãØãã¶ãã Ôãâ¼ãÌã Öõ. ascertainable at this stage.
18.9 Disclosure Requirements as per Accounting Standards
18.9 Êãñãã ½ãã¶ãããò ãñ ã¶ãìÔããÀ ¹ãÆããèãÀ¥ã ããè ããÌãÍ¾ãã¦ãã
18.9.1 Significant changes in the principal accounting policies.
18.9.1 ¹ãÆ½ãìã Êãñãã ¶ããèãä¦ã¾ããò ½ãò ½ãÖ¦Ìã¹ãî¥ãÃ ¹ããäÀÌã¦ãÃ¶ã During the year, the Bank has changed the segmental pricing methodology,
ÌãÓãÃ ãñ ªãõÀã¶ã, ºãöã ´ãÀã ãâ¡ÌããÀ ½ãîÊ¾ã -ãä¶ã£ããÃÀ¥ã ¹ã®ãä¦ã ããñ ¹ããäÀÌããä¦ãÃ¦ã ãäã¾ãã Øã¾ãã Öõ. ããñ ããä£ãã which was necessitated for presenting more meningful segment results. The
ã©ãÃ¹ãî¥ãÃ ãâ¡ ¹ããäÀ¥ãã½ã ¹ãÆÔ¦ãì¦ã ãÀ¶ãñ ãñ ãäÊã ããÌãÍ¾ãã ©ãã. ãâ¡ ¹ããäÀ¥ãã½ããò ½ãñâ Ôã ¹ããäÀÌã¦ãÃ¶ã ãñ ãäÌã§ããè ¾ã financial effect of the change on the segmental result cannot be reasonably
¹ãÆ¼ããÌã ãã Ôã½ãìãäÞã¦ã ãä¶ã£ããÃÀ¥ã ¶ãÖãè Öãñ Ôãã¦ãã. ãäã¶¦ãì ºãöã ãñ ãäÌã§ããè¾ã ¹ããäÀ¥ãã½ããò ¹ãÀ Ôã ¹ããäÀÌã¦ãÃ¶ã ãã determined. However, this change does not have any impact on the financials
of the Bank.
ããñÃ ¹ãÆ¼ããÌã ¶ãÖãé ¹ãü¡ã Öõ.
18.9.2 The Bank had hitherto been following a policy of amortization of premium
18.9.2 ºãöã ãºã¦ãã `¹ãÆãÌã£ãã¶ã ããõÀ ããããäÔ½ãã Ì¾ã¾ã' Êãñãã ÍããèÓãÃ ãñ ãâ¦ãØãÃ¦ã Ôã½ãã¾ããñã¶ã ´ãÀã `¹ããäÀ¹ããÌã¦ãã ãñ ãäÊã Àãñ in respect of securities held in the “Held to Maturity* (HTM) category by
Øã' (Þããè½ã) Ñãñ¥ããè ½ãò Àããè ØãÃ ¹ãÆãä¦ã¼ãîãä¦ã¾ããò Ôãñ Ôã½ºã® ¹ãÆãèãä½ã¾ã½ã ãñ ¹ããäÀÍããñ£ã¶ã ããè ¶ããèãä¦ã ã¹ã¶ãã¦ã ã ãã¾ãã Öõ. an adjustment to the account head “Provision and Contingencies”. From
Ìã¦ãÃ½ãã¶ã ãäÌã§ããè¾ã ÌãÓãÃ Ôãñ ¦ã©ãã ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ ãäª¶ããâã 20 ã¹ãÆõÊã 2007 ãñ ãä¶ãªñÍã ãñ ã¶ãìÔããÀ , ºãöã ¶ãñ the current financial year and in accordance with RBI directive dated 20th
April 2007, the Bank has charged the amortization amount as well as marked
ããõ¦ããè ãñ Á¹ã ½ãò ã¶¾ã ãã¾ã : `ãäÌããä¶ã£ãã¶ããò ãñ ¹ãì¶ã½ãîÃÊ¾ããâã¶ã ¹ãÀ Êãã¼ã' Êãñãã ÍããèÓãÃ ãñ ãâ¦ãØãÃ¦ã Ôã½ãã ¾ããñã¶ã ´ãÀã to market losses on transfer of securities from “Available for Sale” (AFS) to
`ãäÌãã¾ã ãñ ãäÊã ¹ãÊãº£ã' (¹ãÔã) Ñãñ¥ããè Ôãñ `¹ããäÀ¹ããÌã¦ãã ãñ ãäÊã Àãñ Øã ' (Þããè½ã) Ñãñ¥ããè ½ãò ¹ãÆãä¦ã¼ãîãä¦ã¾ããò HTM category by an adjustment to the account head Other Income : “ Profit
ãñ ãâ¦ãÀ¥ã ¹ãÀ ¹ããäÀÍããñãä£ã¦ã ÀããäÍã ãñ Ôãã©ã-Ôãã©ã ºããããÀ ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ºãÖãè ½ãò ãâãäã¦ã Öããä¶ã¾ããò ããñ ¹ãÆ¼ãããäÀ¦ã on Revaluation of Investments” as a deduction. As a result of this change
ãäã¾ãã Öõ. Êãñãã ¶ããèãä¦ã ½ãò Ôã ¹ããäÀÌã¦ãÃ¶ã ãñ ããÀ¥ã-Ôã ÌãÓãÃ ãñ ¹ããäÀÞããÊã¶ã Êãã¼ã ½ãò 1677.51 ãÀãñ¡ Á¹ã ããè in accounting policy, the book value of the securities is reduced by
Rs.6357.06 crores being the amortization and marked to market losses on
ã½ããè ããÃ Öõ ããõÀ ¹ãÆãä¦ã¼ãîãä¦ã¾ããò ãñ ºãÖãè ½ãîÊ¾ã ½ãò 6357.06 ãÀãñü¡ Á¹ã ããè ã½ããè ããÃ Öõ - ããñ ÞããÊãî ÌãÓãÃ ãñ intercategory transfer of Rs.1677.51 crores for the current year and
ãäÊã 1677.51 ãÀãñü¡ Á¹ã ¦ã©ãã ãä¹ãÊãñ ÌãÓãÃ ãñ 4679.55 ãÀãñü¡ Á¹ã ãñ ãâ¦ãÀ -ÌãØãÃ ãâ¦ãÀ¥ã ãñ Rs.4679.55 crores for the previous year. However, there is no impact on the
¹ããäÀÍããñ£ã¶ã ããõÀ ºããããÀ ½ãîÊ¾ã ã¶ãìÔããÀ ºãÖãè ½ãò ãâãäã¦ã Öããä¶ã ãã ¹ããäÀ¥ãã½ã Öõ. ¾ã²ããä¹ã ÌãÓãÃ ãñ ãä¶ãÌãÊã Êãã¼ã ¹ãÀ Net Profit for the year.
Ôããã ããñÃ ¹ãÆ¼ããÌã ¶ãÖãé ¹ãü¡ã Öõ. 18.9.3 Prior Period Items : Domestic Offices
18.9.3 ãÌããä£ã ¹ãîÌãÃ ½ãªò Items Current year Previous year
½ãªò ÞããÊãî ÌãÓãÃ ãä¹ãÊãã ÌãÓãÃ Depreciation (17.47) Nil
Operating expenses 16.38 Nil
½ãîÊ¾ã ÖÆãÔã (17.47) Íãî¶¾ã / Nil
Interest expended 264.76 Nil
¹ããäÀÞããÊã¶ã Ì¾ã¾ã 16.38 Íãî¶¾ã / Nil Other income 2.42 Nil
Ì¾ã¾ã ãäã¾ãã Øã¾ãã º¾ããã 264.76 Íãî¶¾ã / Nil The Bank accounts for the interest on income tax refund on determination of
ã¶¾ã ãã¾ã 2.42 Íãî¶¾ã / Nil interest by taxation authorities. Such interest is credited to profit and loss
account on such determination. Any subsequent withdrawal of interest is
Êãñãã ¶ããèãä¦ã ãñ ã¶ãìÔããÀ, ºãöã ãÀ-¹ãÆããä£ããããäÀ¾ããò ´ãÀã ãã¾ã-ãÀ Ìãã¹ãÔããè ¹ãÀ ãä¶ã£ããÃãäÀ¦ã º¾ããã ããñ Êãñãñ ½ãò Êãñ¦ãã Öõ. being charged to profit and loss account. However, during earlier years,
ñÔãñ ãä¶ã£ããÃÀ¥ã ãñ ºããª, ã¦ã º¾ããã ããñ Êãã¼ã ããõÀ Öããä¶ã ãã¦ãñ ½ãò ã½ãã ãäã¾ãã ãã¦ãã Öõ. ¦ãª¶ã¶¦ãÀ, º¾ããã ãã ããñÃ ¼ããè Interest of Rs.264.76 crores withdrawan by taxation authorities, was debited
ããÖÀ¥ã Êãã¼ã ããõÀ Öããä¶ã ãã¦ãñ ½ãò ¹ãÆ¼ãããäÀ¦ã ãäã¾ãã ãã¦ãã Öõ. Êãñãäã¶ã, ãäÌãØã¦ã ÌãÓããô ãñ ªãõÀã¶ã, ãÀ-¹ãÆããä£ããããäÀ¾ããò ´ãÀã to the “Tax paid in advance”. This has been rectified during the year to fall
ããÖãäÀ¦ã 264.76 ãÀãñü¡ Á¹ã ããè º¾ããã ÀããäÍã ããñ `ããäØãÆ½ã ½ãò ãÀ ¼ãìØã¦ãã¶ã' ãã¦ãñ ããñ ¶ãã½ãñ ãäã¾ãã Øã¾ãã ©ãã. in line with the rationale of opinion expressed by Expert Advisory Committee
of the Institute of Chartered Accountants of India in similar instance.
Ôãâª¼ããÃ£ããè¶ã ÌãÓãÃ ãñ ªãõÀã¶ã, Ôãñ ãä¶ã¾ããä½ã¦ã ãÀ ãäª¾ãã Øã¾ãã Öõ ¦ãããäã ÌãÖ ¼ããÀ¦ããè¾ã Ôã¶ãªãè ÊãñããããÀ ÔãâÔ©ãã¶ã ããè ãäÌãÍãñÓã
ã Ôãì¢ããÌã Ôããä½ããä¦ã ãñ ããä¼ã½ã¦ã ãñ ã¶ãìÁ¹ã ããõãäÞã¦¾ã¹ãî¥ãÃ Öãñ ãã. 18.9.4 Segment Reporting
18.9.4 ãâ¡ ÔãîÞã¶ãã i) Segment identification

Primary i) Banking Operations : Other than treasury
i) ãâ¡ ããä¼ããä¶ã£ããÃÀ¥ã
(Business Segment) operations
¹ãÆã©ããä½ãã (Ì¾ãÌãÔãã¾ã ãâ¡) i) ºãöãäãâØã ¹ããäÀÞããÊã¶ã: ÀããããñÓããè¾ã ¹ããäÀÞããÊã¶ã ãñ ãÊããÌãã ii) Treasury Operations -> Domestic rupee
treasury
ii) ÀããããñÓããè¾ã ¹ããäÀÞããÊã¶ã - ªñÍããè Á¹ã¾ãã ÀããããñÓã
Secondary i) Domestic Operations - Branches/Offices
ãä´¦ããè¾ãã (¼ããõØããñãäÊãã ãâ¡) i) ªñÍããè ¹ããäÀÞããÊã¶ã - ¼ããÀ¦ã ½ãò ¹ããäÀÞããããäÊã¦ã Íããããú/ãã¾ããÃÊã¾ã Geographical Segment) having operations in India
ii) ãäÌãªñÍããè ¹ããäÀÞããÊã¶ã - ¼ããÀ¦ã Ôãñ ºããÖÀ ¹ããäÀÞãããäÊã¦ã Íããããú/ ii) Foreign Operations - Branches/Offices
ãã¾ããÃÊã¾ã ¦ã©ãã ¼ããÀ¦ã ½ãò ¹ããäÀÞãããäÊã¦ã Ôã½ãì³¹ããÀãè¾ã having operations outside India and offshore
banking units having operations in India
ºãöãäãâØã ãã¾ããú
110
C110 K110
ii) ãâ¦ãÀ-ãâ¡ãè¾ã ãâ¦ãÀ¥ããò ãã ½ãîÊ¾ã-ãä¶ã£ããÃÀ¥ã ii) Pricing of Inter-segmental transfers
The Banking Operations segment is the primary resource mobilising unit.
ºãöãäãâØã ¹ããäÀÞããÊã¶ã ãâ¡ ÔãâÔãã£ã¶ã-ÔãâØãÆÖ¥ã ããè ¹ãÆã©ããä½ãã ããÃ Öõâ. ÀããããñÓããè¾ã ¹ããäÀÞããÊã¶ã ãâ¡ ºãöãäãâØã ¹ããäÀÞããÊã¶ã The Treasury Operations segment is a recipient of funds from Banking
ãâ¡ Ôãñãä¶ããä£ã¾ããú ¹ãÆã¹¦ã ãÀ¦ãã Öõ; ºããããÀ Ôãñ Ôã½ºã® ãä¶ããä£ã ãâ¦ãÀ¥ã ½ãîÊ¾ã-ãä¶ã£ããÃÀ¥ã (½ãããÀ¹ããè¹ããè) 01 ã¹ãÆõ Êã Operations. From Ist April 2006; Market related Funds Transfer Pricing
2006 Ôãñ ÍãìÁ ãäã¾ãã Øã¾ãã Öõ, ãäãÔããñ ã£ããè¶ã ãä¶ã£ããèãÀ¥ã ãñ¶³ (¹ãâãä¡âØã ÔãòÀ) ¶ãã½ãã ã ¹ãð©ãã ããÃ ¦ãõ¾ããÀ ããè (MRFTP) has been introduced under which a separate unit called Funding
ØãÃ Öõ. ãä¶ã£ããèãÀ¥ã ãñ¶³ (¹ãâãä¡âØã ÔãòÀ) ¶ã ãä¶ããä£ã¾ããò ããñ ãã¶ãì½ãããä¶ãã Á¹ã Ôãñ ãÀãèª¦ãã Öõ, ããñ Ì¾ãÌãÔãã¾ã ãã¾ããò ½ãò Centre has been created. The Funding Centre notionally buys funds that the
ã½ããÀããäÍã¾ããò ¾ãã £ããÀÀããäÍã¾ããò ãñ Á¹ã ½ãò ªá¼ãî¦ã Öãñ¦ããè Öõâ ããõÀ ãããäÔ¦ã ¦ãõ¾ããÀ ãÀ¶ãñ ½ãò ÊãØããè Ì¾ãÌãÔãã¾ã ãã¾ããò ããñ ¶ã business units raise in the form of deposits or borrowings and notionally
ãä¶ããä£ã¾ããò ãã ãã¶ãì½ãããä¶ãã ãäÌãã¾ã ãÀ¦ãã Öõ. sell funds to business units engaged in creating assets.
iii) Allocation of Expenses
iii) Ì¾ã¾ã-ããºãâ¶ã Expenses incurred at Corporate Centre establishments directly attributable
ããÀ¹ããñÀñ ãò³ ããè ÔãâÔ©ãã¹ã¶ããããò ½ãò ãäã Øã Ì¾ã¾ã ããñ Ôããè£ãñ ºãöãäãâØã ¹ããäÀÞããÊã¶ã ãâ¡ ã©ãÌãã ÀããããñÓããè ¾ã ¹ããäÀÞããÊã¶ã either to Banking Operations or to Treasury Operations segment, are allocated
ãâ¡ Ôãñ Ôãâºãâãä£ã¦ã Öö, ¦ãª¶ãìÔããÀ ããºãâãä¦ã ãäã Øã Öö. Ôããè£ãñ Ôãâºãâ£ã ¶ã Àã¶ãñ ÌããÊãñ Ì¾ã¾ã ¹ãÆ¦¾ãñã ãâ¡ ãñ ã½ãÃÞãããäÀ¾ããò ããè accordingly. Expenses not directly attributable are allocated on the basis of
the ratio of number of employees in each segment/ratio of directly attributable
Ôãâ¾ãã/Ôããè£ãñ Ôãâºãâ£ã Àã¶ãñ ÌããÊãñ Ì¾ã¾ã ãñ ã¶ãì¹ãã¦ã ãñ ãã£ããÀ ¹ãÀ ããâºããä¦ã ãäã Øã Öö. expenses.
iv) ãâ¡ ¹ããäÀ¥ãã½ã / Segment Results
¼ããØã ã : ¹ãÆã©ããä½ãã (Ì¾ãÌãÔãã¾ã ãâ¡)
Part A : Primary (Business segments)
Ì¾ãÌãÔãã¾ã ãâ¡ ºãöãäãâØã ¹ããäÀÞããÊã¶ã ÀããããñÓããè¾ã ãä¶ãÀÔã¶ã ¾ããñØã
Business Segments Banking Operations Treasury Eliminations Total
ãäÌãÌãÀ¥ã ÞããÊãî ÌãÓãÃ ãää¹ãÊãã ÌãÓãÃ ÞããÊãî ÌãÓãÃ ãää¹ãÊãã ÌãÓãÃ ÞããÊãî ÌãÓãÃ ãää¹ãÊãã ÌãÓãÃ ÞããÊãî ÌãÓãÃ ãää¹ãÊãã ÌãÓãÃ
Particulars Current Year Previous Year Current Year Previous Year Current Year Previous Year Current Year Previous Year
ÀããÔÌã
Revenue # 44472.16 35265.88 11464.20 17436.77 10739.92 11474.69 45196.44 41227.96
¹ããäÀ¥ãã½ã
Result # 8706.06 6042.34 117.73 -1991.32 — — 8823.79 4051.02
ã¶ããºãâãä¦ã Ì¾ã¾ã
Unallocated Income /
(Expenses) - net # (1233.98) 1918.65
¹ããäÀÞããÊã¶ã Êãã¼ã
Operating Profit # 7589.81 5969.67
ãã¾ã ãÀ
Income Tax # 3048.50 2499.48
ãÔãã£ããÀ¥ã Êãã¼ã
Extraordinary Profit # 936.48 — — 936.48
ãää¶ãÌãÊã Êãã¼ã
Net Profit # 4541.31 4406.67
ã¶¾ã ÔãîÞã¶ãã :
Other Information :
ãâ¡ ãããäÔ¦ã¾ããú
Segment Assets * 428911.94 219714.80 206373.26 382211.31 71259.28 110480.29 564025.92 491445.82
ã¶ããºãâãä¦ã ãããäÔ¦ã¾ããú
Unallocated Assets * 2539.32 2583.13
ãìÊã ãããäÔ¦ã¾ããú
Total Assets * 566565.24 494028.95
ãâ¡ ªñ¾ã¦ããú
Segment Liabilities * 401013.33 216599.31 202973.32 357682.71 86738.82 108709.24 517247.83 465413.38
ã¶ããºãâãä¦ã ªñ¾ã¦ããú
Unallocated Liabilities * 18018.85 812.08
ãìÊã ªñ¾ã¦ããú
Total Liabilities * 535266.68 466225.46
¼ããØã ã : ãä´¦ããè¾ãã (¼ããõØããñãäÊãã ãâ¡)

Part B : Secondary (Geographic Segments)
ªñÍããè ãääÌãªñÍããè ¾ããñØã
Domestic Foreign Total
ÞããÊãî ÌãÓãÃ ãää¹ãÊãã ÌãÓãÃ ÞããÊãî ÌãÓãÃ ãää¹ãÊãã ÌãÓãÃ ÞããÊãî ÌãÓãÃ ãää¹ãÊãã ÌãÓãÃ
Current Year Previous Year Current Year Previous Year Current Year Previous Year
ÀããÔÌã
Revenue # 41451.12 40726.40 3809.15 2688.37 45260.27 43414.77
ãããäÔ¦ã¾ããú
Assets * 513812.16 450482.65 52753.08 43546.30 566565.24 494028.95
* 31 ½ããÞãÃ ããè ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ # 31 ½ããÞãÃ ããñ Ôã½ãã¹¦ã ÌãÓãÃ ãñ ãäÊã
As at 31st March For the year ended 31st March
111
C111 K111
18.9.4 Ôãâºãâãä£ã¦ã ¹ãàã ¹ãÆããèãÀ¥ã : ¹ãÆºãâ£ã¶ã ´ãÀã ¶ããã ããä¼ããä¶ã£ããÃÀ¥ã ãäã¾ãã Øã¾ãã Öõ ããõÀ Êãñãã¹ãÀãèàãããñ 18.9.4 Related Party Disclosures : As identified by the management and relied
¶ãñ ¶Öò ÔÌããèããÀ ãäã¾ãã Öõ. upon by the auditors.
ã. Ôãâºãâãä£ã¦ã ¹ãàã A. Related Parties

i. SUBSIDIARIES
i. ã¶ãìÓãâãäØã¾ããú a. DOMESTIC BANKING SUBSIDIARIES
ã. ªñÍããè ºãöãäãâØã ã¶ãìÓãâãäØã¾ããú 1. State Bank of Bikaner & Jaipur
1. Ôñ ºãöã ããù¹ã ºããèãã¶ãñÀ â¡ ã¾ã¹ãìÀ 2. State Bank of Hyderabad
2. Ôñ ºãöã ããù¹ã ÖõªÀãºããª 3. State Bank of Indore
3. Ôñ ºãöã ããù¹ã âªãõÀ 4. State Bank of Mysore
4. Ôñ ºãöã ããù¹ã ½ãõÔãîÀ 5. State Bank of Patiala
5. Ôñ ºãöã ããù¹ã ¹ããä¾ããÊãã 6. State Bank of Saurashtra
6. Ôñ ºãöã ããù¹ã ÔããõÀãÓÈ 7. State Bank of Travancore
7. Ôñ ºãöã ããù¹ã ¨ããÌãâ¥ãããñÀ 8. SBI Commercial and International Bank Ltd.
8. Ôãºããèãã ããù½ããäÍãÃ¾ãÊã â¡ âÀ¶ãñÍã¶ãÊã ºãöã ãäÊã
b. FOREIGN BANKING SUBSIDIARIES
ã. ãäÌãªñÍããè ºãöãäãâØã ã¶ãìÓãâãäØã¾ããú 1. SBI International (Mauritius) Ltd.
1. Ôãºããèãã âÀ¶ãñÍã¶ãÊã (½ããùÀãèÍãÔã) ãäÊã. 2. State Bank of India (Canada)
2. Ôñ ºãöã ããù¹ã âãä¡¾ãã (ã¶ãã¡ã) 3. State Bank of India (California)
3. Ôñ ºãöã ããù¹ã âãä¡¾ãã (ãõãäÊã¹ããñãä¶ãÃ¾ãã) 4. Indian Ocean International Bank Ltd.
4. âãä¡¾ã¶ã ããñÍã¶ã âÀ¶ãñÍã¶ãÊã ºãõã ãäÊã. 5. Commercial Bank of India LLC, Moscow (##)
5. ããù½ããäÍãÃ¾ãÊã ºãöã ããù¹ã âãä¡¾ãã ÊãÊãÔããè,½ããÔããñ (##) 6. PT Bank Indo Monex
6. ¹ããèãè ºãöã â¡ãñ ½ããñ¶ãñãÔã c. DOMESTIC NON-BANKING SUBSIDIARIES
Øã. ªñÍããè ØãõÀ-ºãöãäãâØã ã¶ãìÓãâãäØã¾ããú 1. SBI Factors & Commercial Services Pvt. Ltd.
1. Ôãºããèãã ¹ãõãÔãÃ â¡ ããù½ããäÍãÃ¾ãÊã ÔããäÌãÃÔãñã ¹ãÆã. ãääÊã. 2. SBI Capital Markets Limited
2. Ôãºããèãã ãõãä¹ãÊã ½ãããóáÔã ãäÊããä½ãñ¡ 3. SBI DFHI Limited
3. Ôãºããèãã ¡ãè¹ãÞããã ãäÊããä½ãñ¡ 4. SBI Mutual Funds Trustee Company Pvt. Ltd
4. Ôãºããèãã ½¾ãîÞ¾ãìãÊã ¹ãâ¡ ÈÔãè ãâ¹ã¶ããè ¹ãÆã. ãäÊã. 5. SBI CAP Securities Ltd.
5. Ôãºããèãã ãõ¹ã ãäÔãã¾ãîãäÀãèã ãäÊã. 6. SBI CAPS Ventures Ltd.
6. Ôãºããèãã ãõ¹Ôã ÌãöÞãÔãÃ ãäÊã. 7. SBI CAP Trustees Co. Ltd.
7. Ôãºããèãã ãõ¹ã ÈÔãèã ãâ. ãäÊã. 8. SBI Cards & Payment Services Pvt. Ltd.(##)
8. Ôãºããèãã ãã¡ÃáÔã â¡ ¹ãñ½ãòáÔã ÔããäÌãÃÔãñã ¹ãÆã. ãäÊã. (##) 9. SBI Funds Management Pvt. Ltd. (##)
9. Ôãºããèãã ¹ãâ¡áÔã ½ãõ¶ãñã½ãò ¹ãÆã. ãäÊã. (##) 10. SBI Life Insurance Company Ltd. (##)
10. Ôãºããèãã Êãã¹ã âÍ¾ããñÀòÔã ãâ¹ã¶ããè ãäÊã. (##) d. FOREIGN NON-BANKING SUBSIDIARIES
Üã. ãäÌãªñÍããè ØãõÀ ºãöãäãâØã ã¶ãìÓãâãäØã¾ããú 1. SBICAP (UK) Ltd.
1. Ôãºããèãã ãõ¹ã (¾ãîãñ) ãäÊã. 2. SBI Funds Management (International) Ltd.(##)
2. Ôãºããèãã ¹ãâ¡áÔã ½ãõ¶ãñã½ãò (âÀ¶ãñÍã¶ãÊã) ãäÊã. (##) ## These entities are jointly controlled.
## ¾ãñ ãâ¹ããä¶ã¾ããú Ôãâ¾ãìã¦ã Á¹ã Ôãñ ãä¶ã¾ãâãä¨ã¦ã Öö ii. JOINTLY CONTROLLED ENTITIES
ii. Ôãâ¾ãìã¦ã Á¹ã Ôãñ ãä¶ã¾ãâãä¨ã¦ã ãâ¹ããä¶ã¾ããú 1. GE Capital Business Process Management Services Pvt. Ltd
1. ããèÃ ãõãä¹ãÊã ãäºãã¶ãñÔã ¹ãÆãñÔãñÔã ½ãõ¶ãñã½ãâò ÔããäÌãÃÔãñã ¹ãÆã. ãäÊã 2. C-Edge Technologies Ltd.
2. Ôããè-ã ñã¶ããñÊããùããèã ãäÊã. iii. ASSOCIATES
iii. ÔãÖ¾ããñØããè a) Regional Rural Banks
ã) àãñ¨ããè¾ã ØãÆã½ããè¥ã ºãöã 1 Andhra Pradesh Grameena Vikas Bank
1 ããâ£ãÆ ¹ãÆªñÍã ØãÆã½ããè¥ã ãäÌãããÔã ºãöã 2 Arunachal Pradesh Rural Bank
2 ãÁ¥ããÞãÊã ¹ãÆªñÍã ÁÀÊã ºãöã 3 Cauvery Kalpatharu Grameena Bank
3 ããÌãñÀãè ãÊ¹ã¦ãÁ ØãÆã½ããè¥ã ºãöã 4 Chhattisgarh Gramin Bank
4 ¦¦ããèÔãØãü¤ ØãÆã½ããè¥ã ºãöã 5 Deccan Grameena Bank
5 ¡âñãã¶ã ØãÆã½ããè¥ã ºãöã 6 Ellaquai Dehati Bank
6 ÊããããÃ ªñÖã¦ããè ºãöã 7 Ka Bank Nongkyndong Ri Khasi Jaintia
7 ãã ºãöã ¶ãã¶ããäã¶ã¡ãâØã Àãè ããÔããè ãõ¶ããä¾ãã 8 Krishna Grameena Bank
8 ãðÓ¥ãã ØãÆã½ããè¥ã ºãöã 9 Langpi Dehangi Rural Bank
9 ÊãâØã¹ããèè ªñÖãâØããè ÁÀÊã ºãöã 10 Madhya Bharat Gramin Bank
10 ½ã£¾ã ¼ããÀ¦ã ØãÆã½ããè¥ã ºãöã 11 Malwa Gramin Bank
11 ½ããÊãÌãã ØãÆã½ããè¥ã ºãöã 12 Marwar Ganganagar Bikaner Bank
12 ½ããÀÌããü¡ ØãâØãã¶ãØãÀ ºããèãã¶ãñÀ ºãöã 13 Mizoram Rural Bank
13 ãä½ãããñÀ½ã ÁÀÊã ºãöã 14 Nagaland Rural Bank
14 ¶ããØããÊãö¡ ÁÀÊã ºãöã 15 Parvatiya Gramin Bank
15 ¹ãÌãÃ¦ããè¾ã ØãÆã½ããè¥ã ºãöã 16 Purvanchal Kshetriya Gramin Bank
16 ¹ãîÌããÄÞãÊã àãñ¨ããè¾ã ØãÆã½ããè¥ã ºãöã 17 Samastipur Kshetriya Gramin Bank
17 Ôã½ãÔ¦ããè¹ãìÀ àãñ¨ããè¾ã ØãÆã½ããè¥ã ºãöã 18 Saurashtra Gramin Bank
18 ÔããõÀãÓÈ ØãÆã½ããè¥ã ºãöã 19 Utkal Gramya Bank
19 ¦ãÊã ØãÆã½¾ã ºãöã 20 Uttaranchal Gramin Bank
20 §ãÀãâÞãÊã ØãÆã½ããè¥ã ºãöã 21 Vananchal Gramin Bank
21 Ìã¶ããâÞãÊã ØãÆã½ããè¥ã ºãöã
22 Vidisha Bhopal Kshetriya Gramin Bank
22 ãääÌããäªÍãã ¼ããñ¹ããÊã àãñ¨ããè¾ã ØãÆã½ããè¥ã ºãöã
b. Others
ã. ã¶¾ã
1. Ôãºããèãã Öãñ½ã ¹ãã¶ãòÔã ãäÊããä½ãñ¡ 1. SBI Home Finance Limited
2. ãäãÊã¾ããäÀâØã ããÀ¹ããñÀñÍã¶ã ããù¹ã âãä¡¾ãã ãäÊã. 2. Clearing Corporation of India Ltd.
3. ¶ãñ¹ããÊã Ôãºããèãã ºãöã ãäÊã. 3. Nepal SBI Bank Ltd.
4. ºãöã ããù¹ã ¼ãîã¶ã 4. Bank of Bhutan
5. ¾ãîãèããÃ Ôãñ ½ãõ¶ãñã½ãò ãâ¹ã¶ããè ¹ãÆã. ãäÊã. 5. UTI Asset Management Company Pvt. Ltd.
112
C112 K112
iv. ºãöã ãñ ¹ãÆ½ãìã ¹ãÆºãâ£ã¶ã ãããä½ãÃã iv. Key Management Personnel of the Bank
1. Ñããè ããñ.¹ããè. ¼ãá, ¹ãÆºãâ£ã-ãä¶ãªñÍãã 26.04.2006 Ôãñ 29.06.2006 ¦ãã 1. Shri O.P. Bhatt, Managing Director
¦ã©ãã ã£¾ãàã,30 ãì¶ã 2006 Ôãñ from 26.04.2006 to 29.06.2006 & Chairman from 30th June 2006
2. Ñããè . ãñ. ¹ãìÀÌããÀ, ã£¾ãàã, 31 ½ãÃ 2006 ¦ãã 2. Shri A.K. Purwar, Chairman upto 31st May 2006
3. Shri T. S. Bhattacharya, Managing Director
3. Ñããè ãè. Ôã. ¼ãáãÞãã¾ãÃ, ¹ãÆºãâ£ã ãä¶ãªñÍãã 4. Shri Yogesh Agarwal, Managing Director from 10th October 2006
4. Ñããè ¾ããñØãñÍã ãØãÆÌããÊã, ¹ãÆºãâ£ã ãä¶ãªñÍãã , 10 ãã¦ãìºãÀ 2006 Ôãñ B. Related parties with whom transactions were entered into during the year
ã. Ôãâºãâãä£ã¦ã ¹ãàã, ãäã¶ãÔãñ ÌãÓãÃ ãñ ªãõÀã¶ã Êãñ¶ãªñ¶ã ãäã Øã No disclosure is required in respect of related parties which are “State-
Êãñãã ½ãã¶ãã (Ôã) 18 ãñ ã¶ãìÞñª 9 ãñ ã¶ãìÔããÀ ``ÔãÀããÀ - ãä¶ã¾ãâãä¨ã¦ã ²ã½ã'' Á¹ã ½ãò Ôãâºãâãä£ã¦ã ¹ãàã ãñ controlled Enterprises” as per paragraph 9 of Accounting Standard (AS)
Ôãâºãâ£ã ½ãò ããñÃ ¹ãÆããèãÀ¥ã ã¹ãñãäàã¦ã ¶ãÖãââè â Öõ. ¹ãì¶ã: Êãñãã ½ãã¶ãã 18 ãñ ã¶ãìÞñª5 ãñ ã¶ãìÔããÀ ¹ãÆ½ãì ã 18. Further, in terms of paragraph 5 of AS 18, transactions in the nature
¹ãÆºãâ£ã¶ã ãããä½ãÃã ¦ã©ãã ¹ãÆ½ãìã ¹ãÆºãâ£ã¶ã ãããä½ãÃããò ãñ Ôãâºãâãä£ã¾ããò ãñ ºããÀñ ½ãò ºãöãÀ-ØãÆãÖã Ôãâºãâ£ã ããè ¹ãÆãðãä¦ã ÌããÊãñ of banker-customer relationship are not required to be disclosed in
Êãñ¶ãªñ¶ããò ãã ¹ãÆããèãÀ¥ã ããÌãÍ¾ãã ¶ãÖãé Öõ. ã¶¾ã ãäÌãÌãÀ¥ã ãä¶ã½¶ãã¶ãìÔããÀ Öõ : respect of Key Management Personnel and relatives of Key Management
Personnel. Other particulars are
1. Ôããè-ã ñã¶ããñÊããùããèã ãäÊã.
1. C-Edge Technologies Ltd.
2. ããèÃ ãõãä¹ãÊã ãäºãã¶ãñÔã ¹ãÆãñÔãñÔã ½ãõ¶ãñã½ãâò ÔããäÌãÃÔãñã ¹ãÆã.ãäÊã. 2. GE Capital Business Process Management Services Pvt. Ltd.
3. ºãöã ããù¹ã ¼ãîã¶ã 3. Bank of Bhutan
4. ¶ãñ¹ããÊã Ôãºããèãã ºãöã ãäÊã. 4. Nepal SBI Bank Ltd.
5. Ôãºããèãã Öãñ½ã ¹ããÃ¶ãòÔã ãäÊã. 5. SBI Home Finance Ltd.
6. Shri A.K. Purwar, (Upto 31.05.2006)
6. Ñããè .ãñ. ¹ãìÀÌããÀ, (31.05.2006 ¦ãã)
7. Shri O.P. Bhatt, (from 26.04.2006)
7. Ñããè ããñ.¹ããè.¼ãá, (26.04.2006 Ôãñ) 8. Shri T.S. Bhattacharya
8. Ñããè ãè.Ôã. ¼ãáãÞãã¾ãÃ 9. Shri Yogesh Agarwal, (from 10.10.2006)
9. Ñããè ¾ããñØãñÍã ãØãÆÌããÊã, (10.10.2006 Ôãñ)
Øã. Êãñ¶ãªñ¶ã ããõÀ ÍãñÓã ÀããäÍã¾ããú

C. Transactions and Balances :
½ãªò ºããã¾ãã ÀããäÍã ¾ããñØã
Items Outstanding Total
ÔãÖ¾ããñØããè/ Ôãâ¾ãìã¦ã ²ã½ã ¹ãÆ½ãìã ¹ãÆºãâ£ã¶ã ãããä½ãÃã
Associates/ Key Management
Joint Ventures Personnel
ã½ãã-ÀããäÍã¾ããú / Deposits # 295.37 0.00 295.37
(1770.31) (0.00) (1770.31)
ã¶¾ã ªñ¾ã¦ããú
Other Liabilities # 1.76 0.00 1.76
(0.00) (0.00) (0.00)
ãäÌããä¶ã£ãã¶ã
Investments # 19.75 0.00 19.75
(39.97) (0.00) (39.97)
ããäØãÆ½ã 0.00 0.00 0.00
Advances # (26.52) (0.00) (26.52)
Ôãâª§ã º¾ããã / Interest paid * 6.59 0.00 0.00
(28.23) (0.00) (28.23)
¹ãÆã¹¦ã º¾ããã / Interest received * 0.00 0.00 0.00
(10.88) (0.00) (10.88)
Êãã¼ããâÍã ãñ Á¹ã ½ãò ããäãÃ¦ã ãã¾ã
Income earned by way of dividend* 0.50 0.00 0.50
(0.00) (0.00) (0.00)
ã¶¾ã ãã¾ã
Other Income* 0.00 0.00 0.00
(3.61) (0.00) (3.61)
ã¶¾ã Ì¾ã¾ã / Other expenditure* 1.66 0.00 1.66
(0.00) (0.00) (0.00)
¹ãÆºãâ£ã¶ã ÔãâãäÌãªãú
Management contracts * 0.65 0.15 0.80
(0.00) (0.14) (0.14)
(ããñÓããò ½ãò ãäª Øã ããâãü¡ñ ãä¹ãÊãñ ÌãÓãÃ ãñ Öö ) (Figures in brackets are for Previous Year)
# 31 ½ããÞãÃ 2007 ããè ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ # As at 31st March 2007
* 31 ½ããÞãÃ 2007 ããñ Ôã½ãã¹¦ã ÌãÓãÃ ãñ ãäÊã * For the year ended on 31st March 2007
113
C113 K113
18.9.5 ¹ãáñ : 18.9.5 Leases :
ã. 01 ã¹ãÆõÊã 2001 ããñ ¾ãã Ôããñ ¹ãÍÞãã¦ãá ãäÌã§ããè¾ã ¹ãáãò ¹ãÀ ªãè ØãÃ ãããäÔ¦ã¾ããú : ¶ã ãäÌã§ããè¾ã ¹ãáãò ãã º¾ããñÀã A. Assets given on Financial Leases on or after 1st April 2001 : The details
¶ããèÞãñ ãäª¾ãã Øã¾ãã Öõ : of finance leases are given below :
½ãªò 31½ããÞãÃ 2007 ããè 31½ããÞãÃ 2006 ããè Items As at As at

31-Mar-2007 31-Mar-2006
¹ãáñ ½ãò ãäã Øã ÔããÊã ãäÌããä¶ã£ãã¶ã 164.73 164.73 Gross investment in the leases 164.73 164.73
Present value of minimum lease payments
¹ãÆã¹¾ã ¶¾ãî¶ã¦ã½ã ¹ãáã ¼ãìØã¦ãã¶ããò ãã Ìã¦ãÃ½ãã¶ã ½ãîÊ¾ã -
receivable
1 ÌãÓãÃ Ôãñ ã½ã 8.91 17.60 Less than 1 year 8.91 17.60
1 Ôãñ 5 ÌãÓãÃ ¦ãã 15.04 20.49 1 to 5 years 15.04 20.49
5 ÌãÓãÃ ããõÀ ÔãÔãñ ããä£ãã - - 5 years and above — —
¾ããñØã 23.95 38.09 Total 23.95 38.09
Present value of unearned finance income 5.00 6.76
ããäãÃ¦ã ¶ã ããè ØãÃ ãäÌã§ããè¾ã ãã¾ã ãã Ìã¦ãÃ½ãã¶ã ½ãîÊ¾ã 5.00 6.76
18.9.6 ¹ãÆãä¦ã Íãñ¾ãÀ ¹ãããÃ¶ã 18.9.6 Earning Per Share
ºãöã ¶ãñ Êãñãã ½ãã¶ãã 20, `¹ãÆãä¦ã Íãñ¾ãÀ ¹ãããÃ¶ã' ãñ ã¶ãìÔããÀ ¹ãÆ¦¾ãñã ÃãäãÌããè Íãñ¾ãÀ ¹ãÀ ½ãîÊã ããõÀ ã½ã ãäã Øã The Bank reports basic and diluted earnings per equity share in accordance
¹ãããÃ¶ã ããè ÔãîÞã¶ãã ªãè Öõ. ÌãÓãÃ ãñ ªãõÀã¶ã, ãÀ ãñ ¹ãÍÞãã¦ãá ãä¶ãÌãÊã Êãã¼ã ããñ ºããã¾ãã ÃãäãÌããè Íãñ¾ãÀãò ããè ¼ãããäÀ¦ã with Accounting Standard 20 - “Earnings per Share”. “Basic earnings” per
share is computed by dividing net profit after tax by the weighted average
ããõÔã¦ã Ôãâ¾ãã Ôãñ ãÊãØã ãÀãñ ¹ãÆãä¦ã Íãñ¾ãÀ `½ãîÊã ¹ãããÃ¶ã' ããè Øã¥ã¶ãã ããè ØãÃ Öõ. ÌãÓãÃ ãñ ªãõÀã¶ã ããñÃ ¼ããè ã½ã ãäã number of equity shares outstanding during the year. There are no diluted
Øã ½ãîÊ¾ã ãñ Ôãâ¼ããÌ¾ã ÃãäãÌããè Íãñ¾ãÀ ºããã¾ãã ¶ãÖãé Öõâ. potential equity shares outstanding during the year.
½ãªò ÞããÊãî ÌãÓãÃ ãä¹ãÊãã ÌãÓãÃ
Items Current Year Previous Year
½ãîÊã ããõÀ ã½ã ãäã Øã
ºããã¾ãã ÃãäãÌããè Íãñ¾ãÀãò ããè ¼ãããäÀ¦ã ããõÔã¦ã Ôãâ. 52,62,98,878 52,62,98,878 Basic and diluted
Weighted average no. of equity shares
ãä¶ãÌãÊã Êãã¼ã 4,541.31 4,406.67
outstanding 52,62,98,878 52,62,98,878
¹ãÆãä¦ã Íãñ¾ãÀ½ãîÊã ããõÀ ã½ã ãäã Øã ¹ãããÃ¶ã (Á.) 86.29 83.73 Net profit 4,541.31 4,406.67
¹ãÆãä¦ã Íãñ¾ãÀ ãâãäã¦ã ½ãîÊ¾ã (Á.) 10.00 10.00 Basic and diluted earnings per share (Rs.) 86.29 83.73
Nominal value per share (Rs.) 10.00 10.00
18.9.7 ãã¾ã ¹ãÀ ãÀ ãã Êãñãã -ãä¶ã£ããÃÀ¥ã
ã. ÌãÓãÃ ãñ ªãõÀã¶ã, ããÔ©ããäØã¦ã ãÀ ãñ Ôã½ãã¾ããñã¶ã ãñ Á¹ã ½ãò Êãã¼ã ããõÀ Öããä¶ã ãã¦ãñ ½ãò 19.83 ãÀãñü¡ Á¹ã (ã½ãã) 18.9.7 Accounting for Taxes on Income
(ãä¹ãÊãñ ÌãÓãÃ 357.89 ãÀãñü¡ Á¹ã ¶ãã½ãñ) ã½ãã/(¶ãã½ãñ) ãäã Øã Öö. a. During the year, Rs.19.83 Crores (credit) (Previous Year Rs.357.89 Crores
ã. ¹ãÆãä¦ã¼ãîãä¦ã¾ããò ¹ãÀ ãÀ-ãä¶ã£ããÃÀ¥ã ãñ Ôãâºãâ£ã ½ãò ªñ¾ã-ãã£ããÀ ¹ãÀ ãäÌãØã¦ã ÌãÓããô ããè ã¹ããèÊããò ½ãò ºãöã ããñ Ôã¹ãÊã¦ãã ¹ãÆã¹¦ã ÖìÃ debit) has been credited/debited to Profit and Loss Account by way of
ããõÀ 31 ½ããÞãÃ 2006 ããñ Ôã½ãã¹¦ã ÌãÓãÃ ãñ ªãõÀã¶ã £ã¶ã Ìãã¹ãÔããè ããñ `ããäØãÆ½ã ãÀ-¼ãìØã¦ãã¶ã' ãã¦ãñ ½ãò ã½ãã ãÀ ãäª¾ãã adjustment of deferred tax.
Øã¾ãã. ¹ããäÞã¦ã ãã£ããÀ ¹ãÀ ¹ãÆãä¦ã¼ãîãä¦ã¾ããò ¹ãÀ º¾ããã ããñ £¾ãã¶ã ½ãò Àã¦ãñ Öì Ìã¦ãÃ½ãã¶ã ãã¾ã-ãÀ Öñ¦ãì ¹ãÆãÌã£ãã¶ã ¦ãõ¾ããÀ ãäã¾ãã b. The bank had succeeded in appeals relating to earlier years, in respect
ãã ÀÖã Öõ. ãäÌãÍãñÓãããò ãñããä¼ã½ã¦ã ããñ £¾ãã¶ã ½ãò Àã¦ãñ Öì ºãöã ¶ãñ 621.30 ãÀãñü¡ Á¹ã ããè ããÔ©ããäØã¦ã ãÀ-ªñ¾ã¦ãã of taxation of securities on due basis and refunds were credited to “Tax
ããñ ãäÞããä¶Ö¦ã ãäã¾ãã Øã¾ãã Öõ - Ôã½ã¾ã ãâ¦ãÀãÊã ãñ ããÀ¥ã Ôãñ `ããäØãÆ½ã ãÀ-¼ãìØã¦ãã¶ã' ãã¦ãñ ãñ ¶ãã½ãñ ãäã¾ãã Øã¾ãã Öõ. paid in advance” account during the year ended 31st March 2006. As
Êãñãäã¶ã, Ôããã ÌãÓãÃ ãñ Êãã¼ã ¹ãÀ ããñÃ ¹ãÆ¼ããÌã ¶ãÖãé ¹ãü¡ã Öõ. the provision for current income tax is being made considering interest
on securities on accrual basis, the bank, based on expert opinion, has
Øã. ºãöã ãñ ¹ããÔã 483.68 ãÀãñü¡ Á¹ã (ãä¹ãÊãñ ÌãÓãÃ 117.80 ãÀãñü¡ Á¹ã) ããè ãä¶ãÌãÊã ããÔ©ããäØã¦ã ãÀ ªñ¾ã¦ãã ºããã¾ãã recognized deferred tax liability of Rs.621.30 crores, being timing
Öõ, ãäãÔãñ ã½ãÍã: ã¶¾ã ªñ¾ã¦ããú-ã¶¾ã ¦ã©ãã ã¶¾ã ãããäÔ¦ã¾ããú-ã¶¾ã ãñ ãâ¦ãØãÃ¦ã Íãããä½ãÊã ãäã¾ãã Øã¾ãã Öõ. ããÔ©ããä Øã¦ã difference, by a corrsesponding debit to “Tax paid in advance account”.
ãÀ ãããäÔ¦ã¾ããò ããõÀ ªñ¾ã¦ããããòãã ãÊãØã-ãÊãØã ãäÌãÌãÀ¥ã ¹ãÆ½ãìã ½ãªãò ½ãò ¶ããèÞãñ ãäª¾ãã Øã¾ãã Öõ : This however, has no impact on the profit for the year.
½ãªò 31 ½ããÞãÃ 2007 ããè 31 ½ããÞãÃ 2006 ããè c. The Bank has outstanding net deferred tax liability of Rs.483.68 Crores
ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ ãäÔ©ããä¦ã ãñ ã¶ãìÔããÀ (Previous Year deferred tax asset of Rs. 117.80 Crores), which has been
included in Other Liabilities-Others and Other Assets-Others
ã) ªñÍããè ¹ããäÀÞããÊã¶ã respectively. The break-up of deferred tax assets and liabilities into major
ããÔ©ããäØã¦ã ãÀ ãããäÔ¦ã¾ããú items is given below:
ãÊãã¼ãããÀãè ãããäÔ¦ã¾ããò ãñ ãäÊã ¹ãÆãÌã£ãã¶ã - 112.20 Items As at As at
ãäãã ãäÌããÊ¹ã ãñ ãäÊã ¹ãÆª§ã ã¶ãìØãÆÖ ÀããäÍã 143.38 19.45 31-Mar-2007 31-Mar-2006
ã¶¾ã 97.51 117.81
Deferred Tax Assets
¾ããñØã 240.89 249.46 Provision for non performing assets — 112.20
ããÔ©ããäØã¦ã ãÀ ªñ¾ã¦ããú Ex-gratia paid under Exit option 143.38 19.45
ãÞãÊã ãããäÔ¦ã¾ããò ¹ãÀ ½ãîÊ¾ãÖÆãÔã 103.27 131.66 Others 97.51 117.81
¹ãÆãä¦ã¼ãîãä¦ã¾ããò ¹ãÀ º¾ããã 621.30 Total 240.89 249.46
¾ããñØã 724.57 131.66 Deferred Tax Liabilities
Depreciation on Fixed Assets 103.27 131.66
ã) ãäÌãªñÍããè ¹ããäÀÞããÊã¶ã Interest on securities 621.30
ãäÌãªñÍããè ¹ããäÀÞããÊã¶ããò ããè ããÔ©ããäØã¦ã ãÀ ãããäÔ¦ã¾ããú Total 724.57 131.66
ãä¶ãÌãÊã ããÔ©ããäØã¦ã ãÀ ãããäÔ¦ã¾ããú/(ªñ¾ã¦ããú) (483.68) 117.80 Net Deferred Tax Assets/(Liabilities) (483.68) 117.80
18.9.8 Ôãâ¾ãìã¦ã Á¹ã Ôãñ ãä¶ã¾ãâãä¨ã¦ã ãâ¹ããä¶ã¾ããò ½ãò ãäÌããä¶ã£ãã¶ã 18.9.8 Investments in jointly controlled entities
(ã) Ôãâ¾ãìã¦ã Á¹ã Ôãñ ãä¶ã¾ãâãä¨ã¦ã ãä¶ã½¶ããäÊããäã¦ã ãâ¹ããä¶ã¾ããòãñ ãäÌããä¶ã£ãã¶ããò ½ãò 15.70 ãÀãñü¡ Á¹ã (ãä¹ãÊãñ ÌãÓãÃ 10.82 ãÀãñü¡ (a) Investments include Rs.15.70 Crores (Previous Year Rs.10.82 Crores)
Á¹ã) ãã ºãöã ãã ãäÖÔÔãã Íãããä½ãÊã Öõ : representing Bank’s interest in the following jointly controlled entities
ã½ã Ôãâ. ãâ¹ã¶ããè ãã ¶ãã½ã ÀããäÍã ãä¶ãÌããÔã ãã ªñÍã £ãããäÀ¦ãã Sr. No. Name of the Company Amount Country of Holding
Residence %
1 ããèÃ ãõãä¹ãÊã ãäºãã¶ãñÔã ¹ãÆãñÔãñÔã ½ãõ¶ãñã½ãñâ ÔããäÃÌãÔãñûã ¹ãÆã.ãäÊã. 10.80 ¼ããÀ¦ã 40%
1 GE Capital Business Process 10.80 India 40%
(10.80) Management Services Pvt. Ltd. (10.80)
2 Ôããè-ã ñã¶ããñÊããùããèã ãäÊã. 4.90 ¼ããÀ¦ã 49% 2 C - Edge Technologies Ltd. 4.90 India 49%
(0.02) (0.02)
(ããñÓããò ½ãò ãäª Øã ããâãü¡ñ ãä¹ãÊãñ ÌãÓãÃ ãñ Öö (Figures in brackets relate to previous year)
114
C114 K114
(ã) Êãñãã ½ãã¶ãã 27 ããè ã¹ãñàãã ãñ ã¶ãìÔããÀ, Ôãâ¾ãìã¦ã Á¹ã Ôãñ ãä¶ã¾ãâãä¨ã¦ã ãâ¹ããä¶ã¾ããò ½ãò ºãöã ãñ ãäÖÔÔãñ Ôãñ Ôãâºãâãä£ã¦ã (b) As required by AS 27, the aggregate amount of the assets, liabilities, income
ãããäÔ¦ã¾ããò, ªñ¾ã¦ããããò, ãã¾ã ããõÀ Ì¾ã¾ã ããè ãìÊã ÀããäÍã ãä¶ã½¶ãã¶ãìÔããÀ ¹ãÆã ããè ØãÃ Öõ: and expenses related to the Bank’s interests in jointly controlled entities are
disclosed as under :
½ãªò 31 ½ããÞãÃ -07 31 ½ããÞãÃ -06
Items 31-Mar-07 31-Mar-06
ªñ¾ã¦ããú
¹ãîâããè ããõÀ ããÀãäàããä¦ã¾ããú/ 52.13 33.80 Liabilities
ã½ããÀããäÍã¾ããú 0.00 Capital & Reserves 52.13 33.80
£ããÀ-ÀããäÍã¾ããú 0.21 0.10 Deposits — —
ã¶¾ã ªñ¾ã¦ããú Ìãâ ¹ãÆãÌã£ãã¶ã 20.60 13.55 Borrowings 0.21 0.10
Other Liabilities & Provisions 20.60 13.55
¾ããñØã 72.94 47.45
Total 72.94 47.45
ãããäÔ¦ã¾ããú
Assets
¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ½ãò ¶ããª ããõÀ ã½ããÀããäÍã¾ããú 0.01 0.04 Cash and Balances with Reserve Bank of India 0.01 0.04
ºãöããò ½ãò ã½ããÀããäÍã¾ããú ããõÀ ½ããúØã ¦ã©ãã ãÊ¹ã ÔãîÞã¶ãã ¹ãÀ ¹ãÆã¹¾ã £ã¶ãÀããäÍã 3.66 7.20 Balances with banks and money at call and
ãäÌããä¶ã£ãã¶ã 2.47 - short notice 3.66 7.20
ããäØãÆ½ã - - Investments 2.47 —
ãÞãÊã ãããäÔ¦ã¾ããú 19.79 9.55 Advances — —
ã¶¾ã ãããäÔ¦ã¾ããú 47.01 30.66 Fixed Assets 19.79 9.55
¾ããñØã 72.94 47.45 Other Assets 47.01 30.66
Total 72.94 47.45
¹ãîúããè ¹ãÆãä¦ãºã®¦ããú Íãî¶¾ã Íãî¶¾ã
Capital Commitments Nil Nil
ã¶¾ã ããããäÔ½ãã ªñ¾ã¦ããú Íãî¶¾ã Íãî¶¾ã
Other Contingent Liabilities Nil Nil
ãã¾ã
ããäãÃ¦ã º¾ããã 0.04 0.25 Income
ã¶¾ã ãã¾ã 65.85 48.14 Interest earned 0.04 0.25
Other income 65.85 48.14
¾ããñØã 65.89 48.39
Total 65.89 48.39
Ì¾ã¾ã
Expenditure
Ì¾ã¾ã ãäã¾ãã Øã¾ãã º¾ããã - - Interest expended — —
¹ããäÀÞããÊã¶ã Ì¾ã¾ã 38.25 33.86 Operating expenses 38.25 33.86
¹ãÆãÌã£ãã¶ã Ìãâ ããããäÔ½ãã Ì¾ã¾ã 10.07 5.26 Provisions & contingencies 10.07 5.26
¾ããñØã 48.32 39.12 Total 48.32 39.12
Êãã¼ã 17.57 9.27 Profit 17.57 9.27
18.9.9 ãããäÔ¦ã¾ããò ããè ã¹ãÔãã½ãã¶¾ã¦ãã 18.9.9 Impairment of Assets

ºãöã ¹ãÆºãâ£ã¶ã ããè ÒãäÓ ½ãò, ÌãÓãÃ ãñ ªãõÀã¶ã, ãããäÔ¦ã¾ããò ããè ã¹ãÔãã½ãã¶¾ã¦ãã ãã ããñÃ ñÔãã ½ãã½ãÊãã ¶ãÖãé Öõ ãäãÔã ¹ãÀ In the opinion of the Bank’s Management, there is no impairment to the
Êãñãã ½ãã¶ãã28 - `ãããäÔ¦ã¾ããò ããè ã¹ãÔãã½ãã¶¾ã¦ãã' ÊããØãî Öãñ. assets during the year to which Accounting Standard 28 - “Impairment of
Assets” applies.
18.9.10 ¹ãÆãÌã£ãã¶ã, ããããäÔ½ãã ªñ¾ã¦ããú ããõÀ ããããäÔ½ãã ãããäÔ¦ã¾ããú :
18.9.10 Provisions, Contingent Liabilities & Contingent Assets :
ã. ¹ãÆãÌã£ãã¶ããò ãã ãÊãØã-ãÊãØã ãäÌãÌãÀ¥ã
a. Break-up of Provisions
ãÀ ¼ãìØã¦ãã¶ã Öñ¦ãì ¹ãÆãÌã£ãã¶ã
ÞããÊãî ãÀ 3014.61 1682.71 Provision for Taxation
Current Tax 3014.61 1682.71
ã¶ãìÓãâØããè Êãã¼ã ãÀ 88.50 458.00
Fringe Benefit Tax 88.50 458.00
ããÔ©ããäØã¦ã ãÀ (19.83) 357.89
Deferred Tax (19.83) 357.89
ã¶¾ã ãÀ 0.49 0.88 Other Tax 0.49 0.88
ãäÌããä¶ã£ãã¶ããò ¹ãÀ ½ãîÊ¾ãÖÆãÔã ãñ ãäÊã ¹ãÆãÌã£ãã¶ã 379.23 3898.50 Provision for Depreciation on Investments 379.23 3898.50
ãÊãã¼ãããÀãè ãããäÔ¦ã¾ããò ¹ãÀ ¹ãÆãÌã£ãã¶ã 1428.26 147.81 Provision on Non-Performing Assets 1428.26 147.81
½ãã¶ãã ãããäÔ¦ã¾ããò ¹ãÀ¹ãÆãÌã£ãã¶ã 589.19 405.17 Provision on Standard Assets 589.19 405.17
ãä¶ãÌãÊã Ìã¦ãÃ½ãã¶ã ½ãîÊ¾ã (¶ã¹ããèÌããè) ¹ãÀ ãã£ãð¦ã ¼ããÌããè º¾ããã ãñ Provision for sacrifice of future interest on
¦ÔããÃ¶ã ãñ ãäÊã¹ãÆãÌã£ãã¶ã 1.24 - NPV basis 1.24 —
ã¶¾ã ãããäÔ¦ã¾ããò ãñ ãäÊã ¹ãÆãÌã£ãã¶ã (23.06) (58.41) Provision for Other Assets (23.06) (58.41)
¾ããñØã 5458.63 6892.55 Total 5458.63 6892.55
ã. ãÔ©ãã¾ããè ¹ãÆãÌã£ãã¶ã b Floating Provisions
ãäÌãÌãÀ¥ã ÞããÊãî ÌãÓãÃ ãä¹ãÊãã ÌãÓãÃ Particulars Current Year Previous Year
ã©ãÍãñÓã Íãî¶¾ã 840.00 Opening Balance Nil 840.00
ÌãÓãÃ ãñ ªãõÀã¶ã ¹ããäÀÌã£ãÃ¶ã Íãî¶¾ã Íãî¶¾ã Addition during the year Nil Nil
ÌãÓãÃ ãñ ªãõÀã¶ã ããÖÀ¥ã ´ãÀã ã½ããè Íãî¶¾ã 840.00 Draw down during the year Nil 840.00
ãä¦ã ÍãñÓã Íãî¶¾ã Íãî¶¾ã Closing Balance Nil Nil
115
C115 K115
Øã. ããããäÔ½ãã ªñ¾ã¦ããããò ããõÀ ããããäÔ½ãã ãããäÔ¦ã¾ããò ãã ãäÌãÌãÀ¥ã c Description of Contingent Liabilities and Contingent Assets
ã½ã Ôãâ. ½ãªò Ôãâãäàã¹¦ã ãäÌãÌãÀ¥ã Sr. No. Items Brief Description
1 ºãöã ãñ ãäÌãÁ® ñÔãñ ªãÌãñ ããñ ¨ãÉ¥ã Ì¾ãÌãÔãã¾ã ããè Ôãã½ãã¶¾ã ¹ãÆãäã¾ãã ½ãò ºãöã ãäÌããä¼ã¶¶ã 1 Claims against the Bank not The Bank is a party to various
ãñ Á¹ã ½ãò ããä¼ãÔÌããèãð¦ã ¶ãÖãé Öõ. ãã¾ãÃÌãããäÖ¾ããò ½ãò ã ¹ãàã Öõ. ºãöã ããñ ñÔããè ½½ããèª ¶ãÖãé Öõ acknowledged as debts proceedings in the normal course of
business. The Bank does not expect
ãäã ¶ã ãã¾ãÃÌãããäÖ¾ããò ãñ ¹ããäÀ¥ãã½ã ãã ¦ãããä¦Ìãã ¹ãÆãä¦ããîÊã the outcome of these proceedings to
¹ãÆ¼ããÌã ºãöã ããè ãäÌã§ããè¾ã ãäÔ©ããä¦ã¾ããò, ¹ããäÀÞããÊã¶ã ¹ããäÀ¥ãã½ããò have a material adverse effect on the
¾ãã ¶ããªãè ¹ãÆÌããÖ ¹ãÀ ¹ãü¡ñØãã. Bank’s financial conditions, results of
operations or cash flows.
2 ºããã¾ãã Ìãã¾ãªã ãäÌããä¶ã½ã¾ã ÔãâãäÌãªãããò ºãöã ã¹ã¶ãñ ãä¶ãããè ãã¦ãñ ããõÀ ØãÆãÖããò ããè ãâ¦ãÀ-ºãöã
2 Liability on account of The Bank enters into forward exchange
. ãñ ããÀ¥ã ªñ¾ã¦ããú ÔãÖ¼ãããäØã¦ãã Ôãñ ãäÌãªñÍããè ãäÌããä¶ã½ã¾ã ÔãâãäÌãªã, ½ãì³ã ãäÌããÊ¹ã, outstanding forward contracts, currency options, forward
Ìãã¾ãªã ªÀ ãÀãÀ, ½ãì³ã ãäÌããä¶ã½ã¾ã ¦ã©ãã º¾ããã ªÀ ãäÌããä¶ã½ã¾ã exchange contracts rate agreements, currency swaps and
ãÀ¦ãã Öõ. Ìãã¾ãªã ãäÌããä¶ã½ã¾ã ÔãâãäÌãªãããò ããè ¹ãÆãä¦ãºã®¦ãã interest rate swaps with inter-bank
ãäÌãªñÍããè ½ãì³ã ããñ ¼ããäÌãÓ¾ã ½ãò ÔãâãäÌãªãØã¦ã ªÀ ¹ãÀ ãÀãèª¶ãñ participants on its own account and
for customers. Forward exchange
¾ãã ºãñÞã¶ãñ ãñ ãäÊã Öõ. ½ãì³ã ãäÌããä¶ã½ã¾ããò ããè ¹ãÆãä¦ãºã®¦ããú contracts are commitments to buy or
¹ãîÌãÃ ãä¶ã£ããÃãäÀ¦ã ªÀãò ãñ ãã£ããÀ ¹ãÀ ã ½ãì³ã ãñ ãäÌã¹ãÀãè¦ã sell foreign currency at a future date at
ªîÔãÀãè ½ãì³ã ããè º¾ããã / ½ãîÊã ÀããäÍã ãñ Á¹ã ½ãò ãäÌããä¶ã½ã¾ã the contracted rate. Currency swaps
¶ããªãè ¹ãÆÌããÖ ãñ ãäÊã Öõâ . º¾ããã ªÀ ãäÌããä¶ã½ã¾ã ããè are commitments to exchange cash
flows by way of interest/principal in
¹ãÆãä¦ãºã®¦ããú ãÞãÊã ãäÌããä¶ã½ã¾ã Ìãâ ãÔ©ãã¾ããè º¾ããã ªÀ one currency against another, based on
¶ããªãè ¹ãÆÌããÖ ãñ ãäÊã Öö. ãã¶ãì½ãããä¶ãã ÀããäÍã¾ããú, ãäã¶Öò predetermined rates. Interest rate
ããããäÔ½ãã ªñ¾ã¦ããããò ãñ Á¹ã ½ãò ªãÃ ãäã¾ãã Øã¾ãã Öõ, swaps are commitments to exchange
ÔãâãäÌãªãããò ãñ º¾ããã ãâÍã ãñ ¹ããäÀãÊã¶ã Öñ¦ãì ¶¾ãî¶ã¦ã½ã fixed and floating interest rate cash
flows. The notional amounts that are
½ãã¹ãªâ¡ ãñ Á¹ã ½ãò ¹ãÆ¾ãìã¦ã ãäÌããäÍãÓ ÀããäÍã¾ããú Öõ. recorded as contingent liabilities, are
3 ØãÆãÖããò, ãäºãÊããò Ìãâ Öìâãä¡¾ããò, ¹ãÀãâã¶ããò ¦ã©ãã ã¹ã¶ããè Ìãããä¥ããäãã ºãöãäãâØã ãã¾ãÃÌãããäÖ¾ããò ãñ ã ¼ããØã ãñ typically amounts used as a
benchmark for the calculation of the
ã¶¾ã ªããä¾ã¦Ìããò ããè ããñÀ Ôãñ ªãè ØãÃ ØããÀâãä¾ããú Á¹ã ½ãò ºãöã ã¹ã¶ãñ ØãÆãÖããò ããè ããñÀ Ôãñ ¹ãÆÊãñããè ¨ãÉ¥ã ããõÀ interest component of the contracts.
ØããÀâãè ¹ãÆªã¶ã ãÀ¦ãã Öõ. ¹ãÆÊãñããè ¨ãÉ¥ã Ôãñ ºãöã ãñ ØãÆãÖããò
3 Guarantees given on behalf As a part of its commercial banking
ããè ¨ãÉ¥ã ãÌããäÔ©ããä¦ã ºãü¤¦ããè Öõ. ØããÀâãä¾ããú Ôãã½ãã¶¾ã¦ã: ºãöã of constituents, acceptances, activities, the Bank issues
ããè ããñÀ Ôãñ ãÊã ããÍÌããÔã¶ã Öãñ¦ããè Öõâ ãäã ¾ããäª ØãÆãÖã endorsements and other documentary credits and guarantees
ã¹ã¶ãñ ãäÌã§ããè¾ã ¾ãã ãä¶ãÓ¹ããª¶ã ªããä¾ã¦Ìããò ããñ ¹ãî¥ãÃ ãÀ¶ãñ ½ãò obligations on behalf of its customers.
ãÔã¹ãÊã Öãñ¦ãã Öõ ¦ããñ ºãöã ñÔããè ãäÔ©ããä¦ã ½ãò ¶ããã Documentary credits enhance the
credit standing of the customers of the
¼ãìØã¦ãã¶ã ãÀñØãã. Bank. Guarantees generally represent
4 ã¶¾ã ½ãªò ãäã¶ããñ ãäÊã ºãöã ããããäÔ½ãã ºãöã ãäÌããä¼ã¶¶ã ãÀ ãä¶ã£ããÃÀ¥ã ½ãã½ãÊããò, ãäã¶ãÔãñ Ôã½ºã® irrevocable assurances that the Bank
will make payment in the event of the
Á¹ã Ôãñ ãäã½½ãñªãÀ Öõ. ã¹ããèÊãò ãäÌãÞããÀã£ããè¶ã Öö, ãã ã ¹ãàã Öõ. ºãöã ããè ããñÀ customer failing to fulfil its financial
Ôãñ ¶ã ¹ãÀ ¹ãÆãä¦ãÌããª ãäã¾ãã ãã ÀÖã Öõ ããõÀ ¶ããñ ãäÊã or performance obligations.
ããñÃ ¹ãÆãÌã£ãã¶ã ¶ãÖãé ãäã¾ãã Øã¾ãã Öõ. ¹ãì¶ã: ºãöã ¶ãñ Ì¾ãÌãÔãã¾ã 4 Other items for which the The Bank is a party to various
ããè Ôãã½ãã¶¾ã ¹ãÆãäã¾ãã ½ãò Íãñ¾ãÀãò ãã ããä¼ãªã¶ã ãÀ¶ãñ ããè Bank is contingently liable. taxation matters in respect of which
¹ãÆãä¦ãºã®¦ãã ããè Öõ. appeals are pending. These are being
contested by the Bank and not
Üã. ¹ãÀ ãäÊÊããäã¦ã ããããäÔ½ãã ªñ¾ã¦ããú ¾ã©ãããäÔ©ããä¦ã, ¶¾ãã¾ããÊã¾ã/¹ãâÞãã/ ¶¾ãã¾ããÊã¾ã ãñ ºããÖÀ Ôã½ã¢ããõ¦ãã, ã¹ããèÊããò ãñ provided for. Further, the Bank has
ãä¶ã¹ãã¶ã, ÀããäÍã ãñ ½ããúØãñ ãã¶ãñ, ÔãâãäÌãªãØã¦ã ºãã£¾ã¦ãã, Ôãâºãââãä£ã¦ã ¹ãàããò ´ãÀã ½ããúØã ¹ãÆÔ¦ããÌã ãñ ãâ¦ãÀ¥ã ããõÀ Ôãñ ªá¼ãî¦ã made commitments to subscribe to
shares in the normal course of
ãÀ¶ãñ ãñ ªããä¾ã¦Ìã ¹ãÀ ãã£ãããäÀ¦ã Öõâ. business.
Ý. ããããäÔ½ãã ªñ¾ã¦ããããò ãñ ãäÌãÁ® ¹ãÆãÌã£ãã¶ããò ãã ¦ããÀ-Þãü¤ãÌã d. The contingent liabilities mentioned above are dependent upon the outcome
of Court/ arbitration/out of Court settlements, disposal of appeals, the amount
ãäÌãÌãÀ¥ã ÞããÊãî ÌãÓãÃ ãä¹ãÊãã ÌãÓãÃ being called up, terms of contractual obligations, devolvement and raising
ã©ãÍãñÓã 63.38 23.36 of demand by concerned parties, as the case may be.
e. Movement of provisions against contingent liabilities
ÌãÓãÃ ãñ ªãõÀã¶ã ¹ããäÀÌã£ãÃ¶ã 12.76 48.80
ÌãÓãÃ ãñ ªãõÀã¶ã ã½ããè 4.24 8.78 Particulars Current Year Previous Year
ãä¦ã ÍãñÓã 71.90 63.38 Opening balance 63.38 23.36

Additions during the year 12.76 48.80
18.10 ãäãã ãäÌããÊ¹ã : Reductions during the year 4.24 8.78
Closing balance 71.90 63.38
ºãöã ¶ãñ ã¹ã¶ãñ ã½ãÃÞãããäÀ¾ããò ããè ¹ãã¨ã¦ãã ãñ ã¶ãìÁ¹ã ãäãã ãäÌããÊ¹ã ¾ããñã¶ãã ãã¾ããÃãä¶Ìã¦ã ããè. ÌãÓãÃ ãñ ªãõÀã¶ã, ãäãã
ãäÌããÊ¹ã ãñ ã£ããè¶ã ãìÊã 478.30 ãÀãñü¡ Á¹ã (ãä¹ãÊãñ ÌãÓãÃ 72.24 ãÀãñü¡ Á¹ã) ããè ã¶ãìØãÆÖ ãªã¾ãØããè ããñ Êãã¼ã 18.10 Exit Option :
ããõÀ Öããä¶ã ãã¦ãñ ½ãò ¹ãÆ¼ãããäÀ¦ã ãäã¾ãã Øã¾ãã Öõ. The Bank had implemented an Exit Option Scheme for its eligible employees.
The ex-gratia payments under exit option aggregating to Rs.478.30 Crores
18.11 ãä¹ãÊãñ ÌãÓãÃ ãñ ããâãü¡ãò ãã ÞããÊãî ÌãÓãÃ ãñ ããâãü¡ãò Ôãñ ãä½ãÊãã¶ã ãÀ¶ãñ ããè ÒãäÓ Ôãñ ¶Öò ¾ã©ããÌãÍ¾ãã ããõÀ ¾ã©ãããä¶ã£ããÃÀ¥ãÌãÍã, (previous year Rs.72.24 crores) has been charged to the Profit & Loss account
¹ãì¶ãÔãÃ½ãîãäÖ¦ã Ìãâ ¹ãì¶ãÌãÃØããêãð¦ã ãÀ ãäª¾ãã Øã¾ãã Öõ. ãäã¶ã ½ãã½ãÊããò ½ãò ¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ãñ ãäªÍãã-ãä¶ãªóÍããò ãñ ã¶ãìÔããÀ during the year.
¹ãÆããèãÀ¥ã ¹ãÖÊããè ºããÀ ãäã¾ãã Øã¾ãã Öõ ¶ããñ ãäÌãØã¦ã ÌãÓãÃ ãñ ããâãü¡ñ ¶ãÖãé ãäª Øã Öö. 18.11 Previous year’s figures have been regrouped and reclassified, wherever
necessary and determinable, to make them comparable with current year’s
figures. In cases where disclosures have been made for the first time in terms
of RBI guidelines, previous year’s figures have not been mentioned.
116
C116 K116
WpZOrY ∫J>uJ> Vvõ@‚STATE BANK OF INDIA
31 XpE{ 2007 @‚pu _XpØO \^{ @u‚ <[h S@‚Qr T}\p` <\\ZN
CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH, 2007
(000s omitted)
31.3.2007 @‚pu _XpØO \^{ 31.3.2006 @‚pu _XpØO \^{{
(Ep[t \^{ current year) (<TF>[p \^{ previous year)
‘. Rs. ‘. Rs. ‘. Rs. ‘. Rs.
ã ¹ããäÀÞããÊã¶ã ãã¾ãÃãÊãã¹ããò Ôãñ ¶ããªãè ¹ãÆÌããÖ
A CASH FLOW FROM OPERATING ACTIVITIES (1776,06,91) 5602,30,65
ã ãäÌããä¶ã£ãã¶ã ãã¾ãÃãÊãã¹ããò Ôãñ ¶ããªãè ¹ãÆÌããÖ
B CASH FLOW FROM INVESTING ACTIVITIES (284,55,88) (739,43,29)
Øã ãäÌã§ã¹ããñÓã¥ã ãã¾ãÃãÊãã¹ããò Ôãñ ¶ããªãè ¹ãÆÌããÖ
C CASH FLOW FROM FINANCING ACTIVITIES 9494,11,31 369,59,32
¶ããªãè Ìãâ ¶ããªãè Ôã½ã¦ãìÊ¾ããò ½ãò ãä¶ãÌãÊã ¹ããäÀÌã¦ãÃ¶ã
NET CHANGE IN CASH AND CASH EQUIVALENTS 7433,48,52 5232,46,68
Üã ÌãÓãÃ ãñ ããÀâ¼ã ½ãò ¶ããªãè Ìãâ ¶ããªãè Ôã½ã¦ãìÊ¾ã
D CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR 44560,00,11 39322,09,86
Ý ãääÌãªñÍããè ãäÌããä¶ã½ã¾ã ªÀ ½ãò ¹ããäÀÌã¦ãÃ¶ããò ãã ¹ãÆ¼ããÌã
E EFFECT OF FOREIGN EXCHANGE RATE CHANGES (24,79,63) 5,43,57
Þã ÌãÓãÃ ããè Ôã½ãããä¹¦ã ¹ãÀ ¶ããªãè Ìãâ ¶ããªãè Ôã½ã¦ãìÊ¾ã
F CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 51968,69,00 44560,00,11
ã ¹ããäÀÞããÊã¶ã ãã¾ãÃãÊãã¹ããò Ôãñ ¶ããªãè ¹ãÆÌããÖ

A CASH FLOW FROM OPERATING ACTIVITIES
ãÀ ¹ãîÌãÃ ãä¶ãÌãÊã Êãã¼ã / Net Profit before Taxes 7625,07,91 6906,15,29
Ôã½ãã¾ããñã¶ã / Adjustment for :
½ãîÊ¾ãÖÆãÔã ÍãìÊã / Depreciation charges 602,39,23 729,13,17
¹ãáããð¦ã ãããäÔ¦ã¾ããò ÔããäÖ¦ã ãÞãÊã ãããäÔ¦ã¾ããò ãñ ãäÌãã¾ã ¹ãÀ Êãã¼ã
Profit on sale of fixed assets incl. leased assets (12,12,70) (1,93,90)
ãäÌããä¶ã£ãã¶ããñâ ãñ ãäÌãã¾ã ¹ãÀ Êãã¼ã / Profit on sale of investments (567,78,12) (587,17,14)
ãäÌããä¶ã£ãã¶ããñâ ãñ ¹ãì¶ãÃ½ãîÊ¾ããâã¶ã ¹ãÀ Öããä¶ã / Loss on revaluation of investments 1677,51,35 —
ãÊãã¼ãããÀãè ãããäÔ¦ã¾ããò ãñ ãäÊã ¹ãÆãÌã£ãã¶ã / Provision for NPAs 1429,50,31 147,80,12
½ãã¶ãã ãããäÔ¦ã¾ããò ¹ãÀ ¹ãÆãÌã£ãã¶ã / Provision on Standard Assets 589,18,98 405,17,21
ãÌãããÍã ¶ããªãèãÀ¥ã ãñ ãäÊã ¹ãÆãÌã£ãã¶ã / Provision for leave encashment 85,00,00 78,19,00
ãäÌããä¶ã£ãã¶ããò ¹ãÀ ½ãîÊ¾ãÖÆãÔã / Depreciation on Investments 379,21,99 4043,24,52
ã¶¾ã ãããäÔ¦ã¾ããò ¹ãÀ ¹ãÆãÌã£ãã¶ã / Provision on other assets (23,05,56) 71,43,93
àãñ¨ããè¾ã ØãÆã½ããè¥ã ºãöããò ¹ãÀ ¹ãÆãÌã£ãã¶ã / Provision on RRBs/Subsidiaries/JVs (8,49,43) (144,74,84)
ã¶¾ã ¹ãÆãÌã£ãã¶ã / Other Provisions — (129,83,55)
ã¶ãìÓãâãäØã¾ããò Ôãñ ¹ãÆã¹¦ã Êãã¼ããâÍã (ãäÌããä¶ã£ãã¶ã ãã¾ãÃãÊãã¹ã)
Dividends from Subsidiaires (Investing Activities) (596,96,77) (317,18,28)
Ôãºããèãã ºããâ¡ãò ¹ãÀ Ôãâª§ã º¾ããã (ãäÌã§ã¹ããñÓã¥ã ãã¾ãÃãÊãã¹ã) / Interest paid on SBI Bonds 847,42,87 401,11,41
12026,90,06 11601,36,94
Üããú / Less: ¹ãÆ¦¾ãàã ãÀ / Direct Taxes (4282,12,53) (525,16,12)
¹ã ¾ããñØã / SUB TOTAL 7744,77,53 11076,20,82
117
C117 K117
(000s omitted)
31.3.2007 @‚pu _XpØO \^{ 31.3.2006 @‚pu _XpØO \^{{

‘. Rs. ‘. Rs. ‘. Rs. ‘. Rs.
Ôã½ãã¾ããñã¶ã / Adjustment for

ã½ããÀããäÍã¾ããò ½ãò Ìãðãä®/(ã½ããè) / Increase/(Decrease) in Deposits 55475,03,41 12998,52,88
£ããÀ - ÀããäÍã¾ããò ½ãò Ìãðãä®/(ã½ããè) / Increase/(Decrease) in Borrowings 9062,09,09 11456,93,07
ãäÌããä¶ã£ãã¶ããò ½ãò (Ìãðãä®)/ã½ããè / (Increase)/Decrease in Investments 7450,67,90 36206,07,50
ããäØãÆ½ããò ½ãò (Ìãðãä®)/ã½ããè / (Increase)/Decrease in Advances (76965,06,07) (59574,28,24)
ã¶¾ã ªñ¾ã¦ããããò ããõÀ ¹ãÆãÌã£ãã¶ããò ½ãò Ìãðãä®/(ã½ããè)

Increase/(Decrease) in Other Liabilities & Provisions (3337,15,10) (525,40,11)
ã¶¾ã ãããäÔ¦ã¾ããò ½ãò (Ìãðãä®)/ã½ããè / (Increase)/Decrease in Other Assets (1206,43,67) (6035,75,27)
¹ããäÀÞããÊã¶ã ãã¾ãÃãÊãã¹ããò ´ãÀã ¹ãÆª§ã ãä¶ãÌãÊã ¶ããªãè

NET CASH PROVIDED BY OPERATING ACTIVITIES (1776,06,91) 5602,30,65
ã ãäÌããä¶ã£ãã¶ã ãã¾ãÃãÊãã¹ããò Ôãñ ¶ããªãè ¹ãÆÌããÖ

B CASH FLOW FROM INVESTING ACTIVITIES
ã¶ãìÓãâãäØã¾ããò / Ôãâ¾ãìã¦ããò-²ã½ããò ½ãò ãäÌããä¶ã£ãã¶ã (Ìãðãä®) / ã½ããè

(Increase) / Decrease in Investments in Subsidiaries/ JVs (225,32,84) (274,18,11)
ñÔãñ ãäÌããä¶ã£ãã¶ããò ¹ãÀ ããäãÃ¦ã ãã¾ã / Income earned on such Investments 596,96,77 317,18,28
ãÞãÊã ãããäÔ¦ã¾ããò ½ãò (Ìãðãä®)/ã½ããè / (Increase) / Decrease in Fixed Assets (656,19,81) (782,43,46)
ãäÌããä¶ã£ãã¶ã ãã¾ãÃãÊãã¹ããò ½ãò Ôãñ ãä¶ãÌãÊã ¶ããªãè ¹ãÆ¼ããÌã

NET CASH FLOW FROM INVESTING ACTIVITIES (284,55,88) (739,43,29)
Øã ãäÌã§ã¹ããñÓã¥ã ãã¾ãÃãÊãã¹ããò Ôãñ ¶ããªãè ¹ãÆÌããÖ

C. CASH FLOW FROM FINANCING ACTIVITIES
ºãñãä½ã¾ããªãè ºããâ¡ãñâ ãã ãä¶ãØãÃ½ã / Issue of Perpetual Bonds 1738,80,00
Øããõ¥ã ¨ãÉ¥ããñ ãã ãä¶ãØãÃ½ã / Issue of Subordinated Debts 9442,90,00 3283,00,00
Øããõ¥ã ºããâ¡ãñâ ãã ¹ããäÀÍããñ£ã¶ã

Redemption of Subordinated Debts — (1760,67,00)
ºããâ¡ãò ¹ãÀ Ôãâª§ã º¾ããã / Interest Paid on Bonds (847,42,87) (401,11,41)
Ôãâª¦¦ã Êãã¼ããâÍã-Êãã¼ããâÍã ãäÌã¦ãÀ¥ã ¹ãÀ ãÀ ÔããäÖ¦ã

Dividends Paid including tax thereon (840,15,82) (751,62,27)
ãäÌã§ã¹ããñÓã¥ã ãã¾ãÃãÊãã¹ããò ´ãÀã ¹ãÆª§ã ãä¶ãÌãÊã ¶ããªãè

NET CASH PROVIDED BY FINANCING ACTIVITIES 9494,11,31 369,59,32
118
C118 K118
(000s omitted)
31.3.2007 @‚pu _XpØO \^{ 31.3.2006 @‚pu _XpØO \^{{

‘. Rs. ‘. Rs. ‘. Rs. ‘. Rs.
Üã ÌãÓãÃ ãñ ããÀâ¼ã ½ãò ¶ããªãè Ìãâ ¶ããªãè Ôã½ã¦ãìÊ¾ã

D CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR
Öã©ã ¶ããªãè (Ôã½ãò ãäÌãªñÍããè ãÀòÔããè ¶ããñ ¦ã©ãã ÔÌã¥ãÃ Ôããä½½ããäÊã¦ã Öö)
¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ½ãò ã½ããÀããäÍã¾ããú

Balances with Reserve Bank of India 19572,47,34 15374,16,97
ºãöããò ½ãò ã½ããÀããäÍã¾ããú ¦ã©ãã ½ããúØã Ìãâ ãÊ¹ã ÔãîÞã¶ãã ¹ãÀ ¹ãÆã¹¾ã £ã¶ãÀããäÍã
Balances with Banks and Money at Call and Short Notice 22907,29,72 22511,76,87
¾ããñØã / Total 44560,00,11 39322,09,86
Ý ãäÌããä¶ã½ã¾ã ¦ããÀ-Þãü¤ãÌã - ¶ããªãè ¹ãÆÌããÖ

E EXCHANGE FLUCTUATION CASH FLOWS (24,79,63) 5,43,57
(24,79,63) 5,43,57
Þã ÌãÓãÃ ããè Ôã½ãããä¹¦ã ¹ãÀ ¶ããªãè Ìãâ ¶ããªãè Ôã½ã¦ãìÊ¾ã
F CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR
Öã©ã ¶ããªãè (Ôã½ãò ãäÌãªñÍããè ãÀòÔããè ¶ããñ ¦ã©ãã ÔÌã¥ãÃ Ôããä½½ããäÊã¦ã Öö)
¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ½ãò ã½ããÀããäÍã¾ããú

Balances with Reserve Bank of India 26546,30,57 19572,47,34
ºãöããò ½ãò ã½ããÀããäÍã¾ããú ¦ã©ãã ½ããúØã Ìãâ ãÊ¹ã ÔãîÞã¶ãã ¹ãÀ ¹ãÆã¹¾ã £ã¶ãÀããäÍã
Balances with Banks and Money at Call and Short Notice 22892,26,50 22907,29,72
¾ããñØã / Total 51968,69,00 44560,00,11
`∫OpbZ@‚Op{: SIGNED BY:

YpuBu] dBZ\p[
Suman Kumar Bery Yogesh Agarwal
} }
_sXS @s‚XpZ VuZr T}VzR <SQu]@‚
h\z _Xt` @‚pY{Tp[@‚ Dr. Ashok Jhunjhunwala Managing Director
L>px. d]pu@‚ HsSHsS\p[p and Group Executive
(ZpπJ~>rY Vvõq@õ‚B) Ananta C. Kalita (National Banking)
dSzO _r. @‚<[Op
J>r. h_. WJ>oJ>pEpY{ Amar Pal
dXZ Tp[ T. S. Bhattacharya
<SQu]@‚ Arun Singh
d‘N <_õ` T}VzR <SQu]@‚ Managing Director
h\z _Xt` @‚pY{Tp[@‚ Rajiv Pandey Directors and Group Executive
ZpGr\ TpzL>u (Corporate Banking)
(@‚pZTpuZuJ> Vvõq@õ‚B) Shyamala Gopinath
∏YpX[p BpuTrSpP O. P. Bhatt
dpuX T}@‚p] WJoJ> Chairman
döYb
@‚pu[@‚pOp Kolkata
12 Xe{, 2007 12th May, 2007
119
C119 K119
[uApTZrb@‚puõ @‚√ qZTpuJ>{ REPORT OF THE AUDITORS
T}<O, WpZO @u‚ ZpπJ~>T<O, To
The President of India,

1. WpZOrY ∫J>uJ> Vvõ@‚ d<R<SYX, 1955 @‚√ RpZp 41 (1)
@u‚ dzOB{O <SYs°O `X, WpZOrY ∫J>uJ> Vvõ@‚ @u‚ dRpu`∫OpbZr 1. We, the undersigned Auditors of State Bank of
[uApTZrb@‚ Vvõ@‚ @u‚ Os[STm, [pW dpvZ `p<S ApOu OPp India, appointed under Section 41(1) of the State
Bank of India Act, 1955, do hereby report to the
S@‚Qr T}\p` <\\ZN @u‚ VpZu Xuõ @uõ‚È _Z@‚pZ @‚pu hOQoÃpZp
Central Government upon the Balance Sheet,
dTSr qZTpuJ>{ T}∫OsO @‚ZOu `võ. Profit & Loss Account and the Cash Flow
Statement of the Bank.
2. `XSu WpZOrY ∫J>uJ> Vvõ@‚ @u‚ 31 XpE{ 2007 @u‚ _z[£S
Os[STm dpvZ f_r OpZrA @‚pu _XpØO \^{ @u‚ [pW dpvZ 2. We have audited the attached Balance Sheet of
State Bank of India as at 31st March 2007, the Profit
`p<S ApOu OPp S@‚Qr T}\p` <\\ZN @‚√ [uAp-TZrbp
& Loss Account and the Cash Flow Statement of
@‚√ `v. f°O <\lrY <\\ZNpuõ Xuõ <S≥S<[<AO @u‚ [uAu the Bank for the year ended on that date annexed
]p<X[ `võ : thereto. Incorporated in the said financial
statements are the accounts of:
(i) @u‚ÆÈrY @‚pYp{[Y, EpvQ` ∫PpSrY T}RpS @‚pYp{[Y,
i) The Central Office, fourteen Local Head
@‚pZTpu Z u J> [u A p _Xt ` (@u‚ÆÈrY), XöY-@‚pZTpuZuJ>
Offices, Corporate Accounts Group (Central),
_Xt` (@uõ‚ÈrY), OSp\B}∫O dp˘∫O T}VzRS _Xt` Mid-Corporate Group (Central), Stressed
(@u õ ‚ ÈrY) dpv Z VYp[r_ ]pApdpu õ @u ‚ , <GS@‚√ Assets Management Group (Central) and 42
[uAp-TZrbp `XSu @‚√ `v; (forty two) branches audited by us;
(ii) óóïñ (_pO `GpZ _pO _pv F>ØTS) WpZOrY ]pApdpuõ ii) 7,756 (Seven thousand seven hundred fifty
six) Indian Branches audited by other
@u‚ <GS@‚√ [uAp-TZrbp dÆY [uApTZrb@‚puõ Su @‚√;
auditors;
(iii)<\Qu] ˘∫PO Or_ ]pApdpuõ @u‚, <GS@‚√ [uAp-TZrbp iii) 30 (Thirty) Foreign Branches audited by the
∫PpSrY [uApTZrb@‚puõ Su @‚√; OPp local auditors; and
(iv) EpZ _pv _Óp\S> dÆY WpZOrY ]pApdpuõ @u‚, <GS@‚√ iv) 1,719 (One thousand seven hundred nineteen)
other Indian Branches, the un-audited returns
d[uApTZr<bO <\\Z<NYpz ]pAp T}VzR@‚puõ ÃpZp T}Xp<NO
of which are certified by the Branch Managers.
@‚√ Be{ `võ. eS d[uApTZr<bO ]pApdpuõ @‚p <`∫_p These un-audited branches account for 0.93%
d<B}Xpuõ Xuõ 0.93%, GXpZp<]Ypuõ Xuõ 2.78%, of advances, 2.78% of deposits, 0.57% of
±YpG dpY Xuõ 0.57% OPp ±YpG ∑YY Xuõ interest income and 1.86% of interest
expenses.
1.86% `v.
These financial statements are the responsibility
Yu <\lrY <\\ZN Vvõ@‚-T}VzRS @‚√ <G≥XuQpZr `võ. `XpZr of the Bank’s Management. Our responsibility is
<G≥XuQpZr dTSu [uApTZrbp-@‚pY{ @u‚ dpRpZ TZ eS <\lrY to express an opinion on these financial
<\\ZNpuõ TZ d<WXO T}∫OsO @‚ZSp `v. statements based on our audit.
120
C120 K120
3. `XSu dTSp [uApTZrbp-@‚pY{ WpZO Xuõ _pXpÆYO# ∫\r@w‚O 3. We conducted our audit in accordance with the
auditing standards generally accepted in India.
[uApTZrbp XpS@‚puõ @u‚ dSs_pZ q@‚Yp `v. eS XpS@‚puõ @u‚ dzOB{O
Those standards require that we plan and
Y` dTubp @‚√ GpOr `v q@‚ `X dTSr [uApTZrbp @‚√ YpuGSp perform the audit to obtain reasonable
e_ T}@‚pZ VSphy dpvZ <SπTp<QO @‚Zuõ q@‚ `X _Xs<EO ’‚T _u assurance about whether the financial
e_ VpZu Xuõ dp∏\∫O `pu Gphz q@‚ <\lrY <\\ZNpuõ Xuõ <\^Y\∫Os statements are free of material misstatement.
_zVzRr @‚pue{ B[O <\\ZN S`rõ <Qh Bh `võ. [uApTZrbp @u‚ An audit includes examining, on a test basis,
evidence supporting the amounts and
dzOB{O <\lrY <\\ZNpuõ Xuõ T}∫OsO Zp<]Ypuõ dpvZ T}@‚J>r@‚ZNpuõ @u‚
disclosures in the financial statements. An
_XP{S Xuõ <Qh Bh _pΩY @‚√ TZrbN dpRpZ TZ GpzE @‚√ audit also includes assessing the accounting
GpOr `v. [uApTZrbp @u‚ dzOB{O T}VzRS ÃpZp T}Ys°O [uAp- principles used and significant estimates made
<_–pzOpuõ OPp T}XsA dp@‚[Spuõ @‚p <SRp{ZN OPp _XB} <\lrY by Management, as well as evaluating the
overall financial statement presentation. We
<\\ZN @‚√ T}∫Os<O @‚p Xt∂Ypz@‚S Wr q@‚Yp GpOp `v. `Xuõ
believe that our audit provides a reasonable
<\∏\p_ `v q@‚ `XpZp [uApTZrbp @‚pY{ `XpZu d<WXO @u‚ <[h basis for our opinion.
h@‚ _Xs<EO dpRpZ T}QpS @‚ZOp `v.
4. The Balance Sheet and the Profit & Loss Account
4. Os[STm dpvZ [pW h\z `p<S ApOp Vvõ@‚@‚pZr <\<SYXS have been drawn up in Forms ‘A’ and ‘B’
respectively of the Third Schedule to the Banking
d<R<SYX, 1949 @‚√ OwOrY dSs_tEr @u‚ @}‚X]# "@‚'
Regulation Act, 1949 and these give information
dpvZ "A' U‚pXpu| Xuõ OvYpZ q@‚h Bh `võ dpvZ Yu WpZOrY as required to be given by virtue of the provisions
∫J>uJ> Vvõ@‚ d<RqSYX, 1955 OPp f_@u‚ dzOB{O VSu of the State Bank of India Act, 1955, and
<\<SYXpuõ @u‚ fTVzRpuõ @u‚ dSs_pZ dTu<bO GpS@‚pZr QuOu `v.õ Regulations there under.
5. In our opinion and to the best of our information

5. `XpZr ZpY Xuõ dpvZ G`py O@‚ `Xuõ GpS@‚pZr `v OPp `Xuõ
and according to the explanations given to us and
<Qh Bh ∫TπJ>r@‚ZNpuõ @u‚ dpRpZ TZ dpvZ Gv_pq@‚ fTYs{°O as shown by the books of the Bank, subject to the
dSs•F>uQ 2 Xuõ \<N{O _rXpdpu @u‚ _pP TqK>O Vvõ@‚ @‚√ limitation of the audit indicated in paragraph 2
V<`Ypuõ Xuõ <QApYp BYp `v, `X qZTpuJ>{ @‚ZOu `võ q@‚ : above, we report that :
(@‚) (i) T}XsA [uAp Sr<OYpuõ @u‚ <\\ZN h\z [uApuõ TZ (a) (i) the Balance Sheet, read with the Principal
Accounting Policies and the Notes on
Qr Be{ qJ>ØT<NYpuõ @u‚ _pP TÁu GpSu TZ Os[STm
Accounts, is a full and fair Balance Sheet
TtN{ h\z _`r `v, <G_Xuõ _X∫O dp\∏Y@‚ containing all the necessary particulars
GpS@‚pZr ]p<X[ `v OPp f_u e_ T}@‚pZ OvYpZ and is properly drawn up so as to exhibit
q@‚Yp BYp `v q@‚ \` 31 XpE{ 2007 @‚pu a true and fair view of the state of affairs
of the Bank as at 31st March 2007;
Vvõ@‚ @u‚ @‚pX@‚pG @‚p \p∫O<\@‚ dpvZ _`r
<Em Q]p{Op `v; (ii) the Profit and Loss Account, read with
the Principal Accounting Policies and
(ii) T}XsA [uAp Sr<OYpuõ @u‚ <\\ZN h\z [uApuõ the Notes on Accounts, shows a true
TZ Qr Be{ qJ>ØT<NYpuõ @u‚ _pP TÁu GpSu TZ balance of Profit for the year ended on
[pW h\z `p<S ApOp e_r <QSpz@‚ @‚pu _XpØO that date; and
\^{ @u‚ [pW @‚p _`r ]u^ Q]p{Op `v; dpvZ
121
C121 K121
(iii)S@‚Qr T}\p` <\\ZN \^{ @u‚ S@‚Qr T}\p`puõ @‚p iii) the Cash Flow Statement gives a true and
fair view of the cash flows for the year
_`r h\z \p∫O<\@‚ <Em T}∫OsO @‚ZOp `v OPp
ended on that date,
WpZO Xuõ _pXpÆYO: ∫\r@w‚O [uAp <_–pzOpuõ @u‚
and are in conformity with the Accounting
dSs’‚T `v.
Principles generally accepted in India.
(A) `XSu G`py Wr @‚pue{ GpS@‚pZr dpvZ ∫TπJ>r@‚ZN XpzBp (b) where we have called for any information and
`v, `Xuõ \` GpS@‚pZr dpvZ ∫TπJ>r@‚ZN <QYp BYp `v explanations, such information and explanations
have been given to us and we have found them to
dpvZ `XSu f_u _zOpu^GS@‚ TpYp `v;
be satisfactory;
(B) `XpZr GpS@‚pZr Xuõ dph Vvz@‚ @u‚ [uS-QuS Vvõ@‚ @u‚ (c) the transactions of the Bank, which have come to
d<R@‚pZ-bum Xuõ `r `võ; OPp our notice, have been within the powers of the
Bank; and
(C) Vvõ@‚ @u‚ @‚pYp{[Ypuõ dpvZ ]pApdpuõ _u T}pØO <\\Z<NYpy
(d) the returns received from the offices and branches
`XpZr [uAp-TZrbp @u‚ fŒu∏Y _u f<EO Tpe{ Be{ `võ. of the Bank have been found adequate for the
purpose of our audit.
122
C122 K122

Wpzory J Uj Vvõ@ @ P Xpe (@ P O @U Dss - PZ Os (S-TM: TTZGR DPVZ Quyophy

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Wpzory J Uj Vvõ@ @ P Xpe (@ P O @U Dss - PZ Os (S-TM: TTZGR DPVZ Quyophy

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31 XpE{ 2007 @‚√ ˘∫P<O @u‚ dSs_pZ Os[S-Tm

dp˘∫OYpy dSs_tEr 31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

_Xp<kO QuYOphy / Contingent liabilities ... ... 12 ‘. Rs. 306590,01,55 ‘. Rs.228881,37,72

31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

— 10/- ‘Th T}<O ]uYZ \p[u 100,00,00,000 ]uYZ

<SB{<XO, d<WQl dpvZ _zQl TtzGr — 52,62,98,878 ]uYZ —

31.3.2007@‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

YpuB TOTAL 435521,08,94 380046,05,53

A. (i) WpZO Xuõ ]pApdpuõ @‚√ GXpZp<]Ypy

YpuB TOTAL 435521,08,94 380046,05,53

31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

YpuB TOTAL 39703,33,52 30641,24,43

g‚TZI dpvZ II Xuõ _˘≥X<[O T}<OWtO fRpZ

31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

YpuB TOTAL 60042,25,78 55697,56,88

6 — WpZOrY qZ˚\{ Vvõ@‚ Xuõ S@‚Qr dpvZ GXpZp<]Ypy

31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

II. WpZOrY qZ˚\{ Vvõ@‚ Xuõ GXpZp<]Ypy

YpuB TOTAL 29076,42,50 21652,70,39

31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

(i) Vvõ@‚puõ Xuõ GXpZp<]Ypy

(@‚) Ep[t ApOpuõ Xuõ

(A) dÆY GXp ApOpuõ Xuõ

(ii) XpyB dpvZ d∂T _tESp TZ T}pØY RSZp<]

(@‚) Vvõ@‚puõ Xuõ

(A) dÆY _z∫Ppdpuõ Xuõ

YpuB TOTAL 7499,97,38 8683,63,55

II. WpZO @u‚ Vp`Z

(i) Ep[t ApOpuõ Xuõ

(ii) dÆY GXp ApOpuõ Xuõ

(iii) XpzB dpvZ d∂T _tESp TZ T}pØY RSZp<]

YpuB TOTAL 15392,29,12 14223,66,17

@s‚[ YpuB GRAND TOTAL 22892,26,50 22907,29,72

31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

YpuB TOTAL 143336,32,16 157286,20,52

YpuB TOTAL 5812,56,09 5248,03,58

@s‚[ YpuB GRAND TOTAL 149148,88,25 162534,24,10

III. WpZO Xu <\<SRpS

IV. WpZO @u‚ Vp`Z <\<SRpS

@s‚[ YpuB GRAND TOTAL 149148,88,25 162534,24,10

31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

YpuB TOTAL 337336,49,35 261800,93,59

YpuB TOTAL 337336,49,35 261800,93,59

B. (I) WpZO Xuõ d<B}X

YpuB TOTAL 299283,44,86 234855,87,74

(II) WpZO @u‚ Vp`Z d<B}X

YpuB TOTAL 38053,04,49 26945,05,85

@s‚[ YpuB GRAND TOTAL 337336,49,35 261800,93,59

31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

\^{ @u‚ QpvZpS TqZ\R{S

Tt\{\Or{ \^{ @u‚‚‚31 XpE{ @‚√ ˘∫P<O @u‚ dSs_pZ [pBO TZ

III. TJ>oJ>p@w‚O dp˘∫OYpy

\^{ @u‚ QpvZpS _XpYpuGS _<`O TqZ\R{S

CJ>phy # TJoJ>p _XpYpuGS dpvZ T}p\RpS

YpuB TOTAL 2818,86,67 2752,93,39

31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

YpuB TOTAL 25292,30,61 22380,84,26

dSs_tEr 12 — _Xp<kO QuYOphy (000 @‚pu F>puÊ <QYp BYp `v)

31.3.2007 @‚√ ˘∫P<O 31.3.2006 @‚√ ˘∫P<O

YpuB TOTAL 306590,01,55 228881,37,72

dSs_tEr 31.3.2007 @‚pu _XpØO \^{ 31.3.2006 @‚pu _XpØO \^{

YpuB TOTAL 45260,27,42 43414,77,11

YpuB TOTAL 40718,96,69 39008,09,95

ã½ã Ôãâ ãäÌãÌãÀ¥ã ½ãì³ã ¡ñÀãèÌãñãäÌÔã º¾ããã ªÀ ¡ñÀãèÌãñãäÌÔã

18.6 ãããäÔ¦ã Øãì¥ãÌã§ãã 18.6 Asset Quality

½ãªò 31 ½ããÞãÃ 2007 ããè 31 ½ããÞãÃ 2006 ããè Items As at As at

i) ãã¦ããò ããè Ôãâ¾ãã 90 131 i) No. of Accounts 90 131

18.7 ããäÔ©ãÀ àãñ¨ããò ããñ ¨ãÉ¥ãã¶Ìã¾ã¶ã 18.7 Lending to Sensitive Sectors

i) ããÌããÔããè¾ã ºãâ£ãã 33412.29 23248.97 i) Residential Mortgages 33412.29 23248.97

ããñãäã½ã ÌãØãÃ ¨ãÉ¥ã-ããñãäã½ã (ãä¶ãÌãÊã) ãäã¾ãã Øã¾ãã ¹ãÆãÌã£ãã¶ã

âãä¡¾ã¶ã ããù¾ãÊã ããÀ¹ããñÀñÍã¶ã ãäÊã. ã¹ãÆõÊã 2006 Ôãñ ½ããÞãÃ 2007

¼ããÀ¦ã ÖõÌããè ÊãõãäãÈãÊÔã ãäÊã. ãìÊããÃ 2006 Ôãñ ½ããÞãÃ 2007

ãäÀÊãã¾ãâÔã â¡ÔÈãèã ãäÊã. ãØãÔ¦ã 2006 Ôãñ ½ããÞãÃ 2007

18.9.4 ãâ¡ ÔãîÞã¶ãã i) Segment identification

¼ããØã ã : ãä´¦ããè¾ãã (¼ããõØããñãäÊãã ãâ¡)

ã. Ôãâºãâãä£ã¦ã ¹ãàã A. Related Parties

Øã. Êãñ¶ãªñ¶ã ããõÀ ÍãñÓã ÀããäÍã¾ããú

½ãªò 31½ããÞãÃ 2007 ããè 31½ããÞãÃ 2006 ããè Items As at As at

18.9.9 ãããäÔ¦ã¾ããò ããè ã¹ãÔãã½ãã¶¾ã¦ãã 18.9.9 Impairment of Assets

ã. ãÔ©ãã¾ããè ¹ãÆãÌã£ãã¶ã b Floating Provisions

ãä¦ã ÍãñÓã 71.90 63.38 Opening balance 63.38 23.36

ã ¹ããäÀÞããÊã¶ã ãã¾ãÃãÊãã¹ããò Ôãñ ¶ããªãè ¹ãÆÌããÖ

¹ã ¾ããñØã / SUB TOTAL 7744,77,53 11076,20,82

Ôã½ãã¾ããñã¶ã / Adjustment for

£ããÀ - ÀããäÍã¾ããò ½ãò Ìãðãä®/(ã½ããè) / Increase/(Decrease) in Borrowings 9062,09,09 11456,93,07

ãäÌããä¶ã£ãã¶ããò ½ãò (Ìãðãä®)/ã½ããè / (Increase)/Decrease in Investments 7450,67,90 36206,07,50

ããäØãÆ½ããò ½ãò (Ìãðãä®)/ã½ããè / (Increase)/Decrease in Advances (76965,06,07) (59574,28,24)

ã¶¾ã ªñ¾ã¦ããããò ããõÀ ¹ãÆãÌã£ãã¶ããò ½ãò Ìãðãä®/(ã½ããè)

ã¶¾ã ãããäÔ¦ã¾ããò ½ãò (Ìãðãä®)/ã½ããè / (Increase)/Decrease in Other Assets (1206,43,67) (6035,75,27)

¹ããäÀÞããÊã¶ã ãã¾ãÃãÊãã¹ããò ´ãÀã ¹ãÆª§ã ãä¶ãÌãÊã ¶ããªãè

ã ãäÌããä¶ã£ãã¶ã ãã¾ãÃãÊãã¹ããò Ôãñ ¶ããªãè ¹ãÆÌããÖ

ã¶ãìÓãâãäØã¾ããò / Ôãâ¾ãìã¦ããò-²ã½ããò ½ãò ãäÌããä¶ã£ãã¶ã (Ìãðãä®) / ã½ããè

ãäÌããä¶ã£ãã¶ã ãã¾ãÃãÊãã¹ããò ½ãò Ôãñ ãä¶ãÌãÊã ¶ããªãè ¹ãÆ¼ããÌã

Øã ãäÌã§ã¹ããñÓã¥ã ãã¾ãÃãÊãã¹ããò Ôãñ ¶ããªãè ¹ãÆÌããÖ

ºãñãä½ã¾ããªãè ºããâ¡ãñâ ãã ãä¶ãØãÃ½ã / Issue of Perpetual Bonds 1738,80,00

Øããõ¥ã ¨ãÉ¥ããñ ãã ãä¶ãØãÃ½ã / Issue of Subordinated Debts 9442,90,00 3283,00,00

Øããõ¥ã ºããâ¡ãñâ ãã ¹ããäÀÍããñ£ã¶ã

ºããâ¡ãò ¹ãÀ Ôãâª§ã º¾ããã / Interest Paid on Bonds (847,42,87) (401,11,41)

Ôãâª¦¦ã Êãã¼ããâÍã-Êãã¼ããâÍã ãäÌã¦ãÀ¥ã ¹ãÀ ãÀ ÔããäÖ¦ã

ãäÌã§ã¹ããñÓã¥ã ãã¾ãÃãÊãã¹ããò ´ãÀã ¹ãÆª§ã ãä¶ãÌãÊã ¶ããªãè

Üã ÌãÓãÃ ãñ ããÀâ¼ã ½ãò ¶ããªãè Ìãâ ¶ããªãè Ôã½ã¦ãìÊ¾ã

¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ½ãò ã½ããÀããäÍã¾ããú

Ý ãäÌããä¶ã½ã¾ã ¦ããÀ-Þãü¤ãÌã - ¶ããªãè ¹ãÆÌããÖ

¼ããÀ¦ããè¾ã ãäÀûãÌãÃ ºãöã ½ãò ã½ããÀããäÍã¾ããú