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Directors' Report

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PROGRESS AT A GLANCE
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S. No PARAMETERS FY’13 FY’14 FY’15 FY’16 FY’17 FY’18
1 'ks;j iwath 353 362 371 393 426 552
Share Capital
2 vkjf{kr fufèk;k¡ 32323 35533 38709 37917 41671 40522
Reserves & Surplus
3 tekjkf'k;ka 391560 451397 501379 553051 621704 642226
Deposits
4 vfxze 308796 349269 380534 412326 419493 433735
Advances
5 dqy dkjksckj 700356 800666 881913 965377 1041197 1075961
Total Business
6 dqy vkfLr;ka 478948 550420 603334 667390 720331 765830
Total Assets
7 'kq¼ fuos'k 129896 143786 149877 157846 186725 200306
Net Investment
8 dqy 'kk[kk,a* (la[;k) 5874 6201 6560 6760 6937 6983
Total Branches*( Number)
9 ,Vh,e usVodZ (la[;k) 6313 6940 8348 9643 10681 9668
ATM Network ( Number)
10 ifjpkyu ykHk 10907 11384 11955 12216 14565 10294
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11 dqy izkoèkku 6160 8042 8893 16192 13240 22577
Total Provisions
12 'kq¼ ykHk 4748 3343 3062 -3974 1325 -12283
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13 dkjksckj@deZpkjh (` yk[k esa) 1165 1283 1319 1359 1417 1474
Business/Employee (` lakh)
14 ½.k&tek vuqikr (%)      
Credit-Deposit Ratio (%)
15 tekjkf'k;ksa dh ykxr (%)      
Cost of Deposit (%)
16 vfxzeksa ij vk; (%)      
Yield on Advances (%)
17 fuos'k ij izkfIr (%)      
Yield on Investment (%)
18 'kq¼ C;kt ekftZu (%)      
Net Interest Margin (%)
19 vkfLr;ksa ij izfriQy (%)      
Return on Assets (%)
20 ykxr vk; vuqikr (%)      
Cost to Income Ratio (%)
21 ldy ,uih, (%)      
Gross NPAs (%)
22 'kq¼ ,uih, (%)      
Net NPAs (%)
23 iwath i;kZIrrk vuqikr (csly III) (%) -     
Capital Adequacy Ratio (Basel III) (%)
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2 PNB Full AR 2017-18 7-68 130718.indd 7
DIRECTORS’ REPORT
Your Directors take pleasure in placing the Bank’s Annual Report
for FY’18 along with its audited Annual Financial Statements.
A. Financial Performance
Assets and Liabilities
Total Assets of the Bank increased by 6.32% from
` 7,20,331 crore as at 31st March 2017 to ` 7,65,830 crore
as at 31st March 2018. During the period, the loan portfolio
of the Bank increased by 3.39% from ` 4,19,493 crore to
` 4,33,735 crore. Net Investment increased by 7.27% from
` 1,86,725 crore to ` 2,00,306 crore as at 31st March 2018.
A major portion of the investment was in the Domestic
Market in Government Securities.
Your Bank’s Aggregate Liabilities (excluding Capital and
Reserves) rose by 6.86% to ` 7,24,755 crore as at 31st
March 2018. The Deposits rose by 3.3% from ` 6,21,704
crore to ` 6,42,226 crore during this period.
Net Interest Income
Net Interest Income of your Bank stood at `14,922 crore
during FY’18. Interest Income during the year was ` 47,996
crore. Interest Expenses was ` 33,073 crore out of which
Interest expenses on Deposits was ` 30,456 crore.
Interest Earned on Investments showed a growth of
10.9% during FY’18. Fee Based Income of the Bank also
registered a growth of 10% while Income from Trading
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Total Income of your Bank increased from ` 56,227 crore in
FY’17 to ` 56,877 crore during FY’18 while Total Expenses
increased from ` 41,662 crore in FY’17 to ` 46,582 crore
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crore during FY’18. However, Bank has posted a Net
Loss of ` 12,283 crore during FY’18 due to the higher
provisioning for Non Performing Assets, MTM losses in
treasury portfolio and provisioning on fraud.
Provisions and Contingencies
During FY’18, your Bank has created a higher amount of
provisions (other than tax) of ` 29,869 crore compared
to ` 12,554 crore last year. The increase was primarily
due to increase in provisions on Non Performing Assets
of ` 24,453 crore against ` 12,704 crore in FY’17 and
depreciation on investment of ` 2027 crore against ` 487
crore last year. Provision Coverage Ratio of the Bank was
58.42% as at 31st March 2018.
Progress on Implementation of IND AS (Indian
Accounting Standards)
RBI has deferred implementation of IND AS to FY 2019-20
vide Press Release (2017-18/2642) dated 5th April 2018.
The Bank has already commenced the process of IND
13-Jul-18 4:27:09 PM
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AS (Indian Accounting Standards) implementation from
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A Steering Committee headed by the Executive Director
and comprising of General Managers from various cross
functional areas of the Bank has been formed to monitor the
progress of the implementation of IND AS and substantial
progress has been made in its implementation. Your Bank
is now assessing the changes, wherever required in the
core banking system and has already initiated formulation
of Expected Credit Loss Models.
B. Operational Highlights
During the last quarter of FY’ 18, the Bank faced a serious
setback due to a fraud of `14,357 crore at Brady House
branch in Mumbai. Despite trying circumstances, the Bank
performed creditably and reached several new milestones.
Some of the operational highlights of FY‘18 are listed
below:
Financial
¾ Bank achieved a new landmark with Domestic
Business crossing `10 lakh crore.
¾ CASA Deposits remained highest amongst PSBs
with 43.85% share in Domestic Deposits.
¾ Cost of Deposits declined from 5.33% to 4.96%.
¾ Retail Advances grew by 15.5% during FY’18 with
16.6% growth in Housing Loan Segment.
¾ All major goals under Priority Sector achieved during
FY’18.
Capital
¾ During the year, Bank raised ` 5000 crore through
IyslesaV (D;wvkbZih) ds ekè;e ls `5000 djksM+ tqVk,A lkFk
gh] ljdkj us Hkh ekpZ*18 esa `5473 djksM+ dk fuos'k fd;kA
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2 PNB Full AR 2017-18 7-68 130718.indd 8
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capital. Further, the Govt. infused ` 5473 crore in
March 2018.
Wealth Management Services
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the Bank entered into new distribution arrangements
with 3 Insurance Companies and 4 Mutual Funds
AMCs (Asset Management Companies). The Bank
is well positioned to cross-sell and up-sell a full suite
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¾ Income from Insurance and Mutual Funds (MFs)
increased by 31.1% during FY’18.
IT and Digital Initiatives
¾ Successfully upgraded the CBS platform to Finacle
10.x version for better customer experience.
¾ The Bank increased its Digital Base with more than
35% rise in Internet Banking Users and more than
45% in Mobile Banking Users. In this direction,
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13-Jul-18 4:27:10 PM
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2 PNB Full AR 2017-18 7-68 160718.indd 9
¾ Bank launched number of innovative mobile apps
in order to facilitate digital transactions such as
PNB MobiEase, PNB Rewards, PNB Fin Literacy,
PNB Yuva, PNB ATM Assist, PNB m-Banking, PNB
Kitty, etc. Further, PNB M-Passbook was launched
in FY’18 for customers to access their account
statement on mobile phones.
¾ SWIFT was integrated with Core Banking Solution
(CBS), wherein all outward payment SWIFT
messages are automatically generated through CBS
without any manual intervention.
Transformational Exercise
¾ Mission PARIVARTAN, a transformational exercise
for Business Excellence launched to align Bank’s
activities relating to people, process & products more
aligned to the Board approved business strategy &
vision.
¾ To ensure a structured approach for implementation
of the Mission PARIVARTAN, an independent
Division named ‘Mission Parivartan’ has been
started. This Division acts as Think Tank of the
Bank providing both directional / policy inputs. It acts
as a platform to enhance ownership, commitment
and involvement of HO Divisions & all internal
stakeholders in the policy-development process
using a bottom-up approach.
C. Recent developments and steps taken
The fraud at Brady House, Mumbai Branch of the Bank
involved certain accounts in the Gems & Jewellery
sector where Letters of Undertaking (LOUs)/Foreign
Letter of Credit (FLCs) were issued fraudulently and in
an unauthori ed manner to certain overseas branches of
Indian Banks through the misuse of SWIFT system of the
Bank.
The fraud is under investigation by various central
investigating agencies. The liabilities amounting to
` 6586.11 crore on account of LOUs/ FLCs which became
due on 31.03.2018 have been fully honoured and paid
by the Bank. Further, as a prudent measure Bank has
created liability amounting to ` 6959.79 crore in the
books in respect of balance LOUs/FLCs relating to this
fraud which are becoming due after 31.03.2018. After
including outstanding amounts under other credit facilities
to the above entities, the amount involved works out to
` 14356.84 crore. The slippages due to fraud in March'18
were ` 7579 crore.
RBI permitted the Bank to make provisions against this
fraud @ 25% without debiting "Other Reserves" and
SURYLGH UHPDLQLQJ DPRXQW GXULQJ WKH ¿UVW WKUHH TXDUWHUV
RI WKH HQVXLQJ ¿QDQFLDO \HDU +RZHYHU %DQN KDV PDGH
KLJKHU WKDQ UHTXLUHG SURYLVLRQV #  RI ` 14356.84
crore amounting to ` 7178.42 crore.
As soon as the fraud was detected, the Bank took immediate
FRUUHFWLYH DFWLRQ DV UHTXLUHG )XUWKHU WKH %DQN LV WDNLQJ
16-Jul-18 1:40:34 PM
 mfpr dne mBk jgk gS] èkks•kèkM+h djus okyksa ds fo#¼ dkuwuh
dk;Zokgh dj jgk gS vkSj fofu;ked ,oa fofèk çorZu ,tsafl;ksa ds
lkFk iw.kZ lg;ksx dj jgk gSA
ç.kkfy;ksa vkSj fu;a=k.kksa dks vkSj vfèkd lqn`<+ cuk;k x;k gSA fLoÝV
dks dksj cSafdax ç.kkyh (lhch,l) ds lkFk ,dhÑr fd;k x;k]
tgk¡ lHkh tkod Hkqxrkuksa ds fLoÝV lans'k vc lhch,l ds ekè;e
ls fdlh eSU;qvy gLr{ksi ds fcuk Lopkfyr :i ls mRiUu gksus
yxs gSaA blds vfrfjÙkQ] fLoÝV dsaæ] eqacbZ esa lhch,l esa ysunsuksa ds
fooj.k ds çfrijh{k.k ds ckn gh lHkh tkod foÙkh; lans'kksa dk iqu%
çek.khdj.k djus vkSj blds ckn gh bUgsa fLoÝV xsVos loZj ls fudyus
dh vuqefr nsus gsrq f=kLrjh; iqu% çek.khdj.k dk vfrfjÙkQ Lrj
cukus tSls vfrfjÙkQ mik; Hkh fd, x, gSaA lhch,l esa esdj&psdj
vkSj fLoÝV esa lR;kiudrkZ@vfèkÑrdrkZ ,oa iqu% vfèkÑrdrkZ dh
voèkkj.kk ds dkj.k ^8 vka•ksa* dk fl¼kar dk;kZfUor fd;k x;k gSA
ys•kijh{kdksa dks ;g lqfuf'pr djus gsrq funZs'k fn, x, gSa fd 100»
lans'k lhch,l ds lkFk ØkWl&psd fd, tk,aA
lhch,l esa vyVZ dh fuxjkuh ds fy, çkS|ksfxdh vkèkkfjr vkWiQlkbV
ys•kijh{kk ç.kkyh fØ;k'khy gks pqdh gSA ½.k ewY;kadu vkSj
fuxjkuh ç.kkyh dks i`Fkd dj fn;k x;k gSA O;fÙkQ&lacaèkh tksf•e]
ifjpkyu&lacaèkh tksf•e vkSj ½.k&lacaèkh tksf•e dks de djus dh
fn'kk esa ½.kksa dh lksflZax] vkjafHkd leqfpr lkoèkkuh] çlaLdj.k]
fuxjkuh rFkk olwyh ds fy, vyx ofVZdy cuk, x, gSaA
jk"Vªh; cSafdax rFkk çcaèku laLFkku (,uvkbZch,e)] iq.ks tSls çfrf"Br
laLFkku ds ekè;e ls cSad dh ys•kijh{kk ç.kkyh dh O;kid leh{kk
djkbZ tk jgh gSA ,uvkbZch,e }kjk lq>k, x, lqèkkj cSad dh
ys•kijh{kk ç.kkyh esa 'kkfey fd, tk,axs ftlls bls vkSj vfèkd
etcwr ,oa fo'oluh; cuk;k tk,xkA
Mh- vkfLr xq.koÙkk
31 ekpZ 2018 ij] cSad dk ldy ,uih, `86]620 djksM+ (31 ekpZ
2017 ij `55]370 djksM+) vkSj fuoy ,uih, `48]684 djksM+ (31
ekpZ 2017 ij `32]702 djksM+) jgkA vuqikrksa ds lanHkZ esa] ekpZ*18 esa
ldy ,uih, vuqikr 18-38» (ekpZ*17% 12-53») o fuoy ,uih,
vuqikr 11-24» (ekpZ*17% 7-81») jgkA
foÙkh; o"kZ*18 ds nkSjku vkjaHk dh xbZ igysa%
y o"kZ ds nkSjku] cSad us nks fo'ks"k vksVh,l ;kstuk,a cukbZa
ftuds ifj.kkeLo:i `2299 djksM+ dh cdk;k jkf'k okys
2]70]633 vksVh,l vuqeksfnr ekeyksa esa `1544 djksM+ dh
olwyh gqbZA
y cSad us fo'ks"k :i ls NksVs vfxzeksa lfgr lHkh vfxzeksa esa olwyh
dks c<+kok nsus ds fy, esxk ½.k eqfÙkQ f'kfoj Hkh vk;ksftr
fd,A
y mèkkjdrkZvksa ls olwyh ds fy, fe'ku xkaèkhfxjh dk vkjaHk
fd;k x;k ftlesa vfM+;y mèkkjdrkZvksa ds ifjlj ds lkeus
ekSu çn'kZu@fojksèk çn'kZu fd, x,A
y çR;sd ekg@frekgh@o"kZ ds nkSjku ,uih, •krksa esa olwyh ds
{ks=k esa mRÑ"V fu"iknu djus okyksa dks lEekfur djus ds fy,
fjdojh pSafi;al dh voèkkj.kk 'kq: dh xbZ gSA
10
2 PNB Full AR 2017-18 7-68 130718.indd 10
appropriate steps against erring employees, legal action
against the fraud perpetrators and closely cooperating with
the regulators and law enforcement agencies.
The systems and controls have been further strengthened.
SWIFT was integrated with Core Banking Solution (CBS),
whereby all outward payment SWIFT messages are now
automatically generated through CBS without any manual
intervention. Besides, additional measures of placing an
additional tier of 3rd level authentication, at SWIFT Centre,
0XPEDL IRU UHDXWKHQWLFDWLRQ RI DOO RXWZDUG ¿QDQFLDO
messages only after cross checking details of transactions
in CBS and thereafter, allowed to pass through SWIFT
Gateway server have been put in place. The concept
RI 0DNHU&KHFNHU LQ &%6 9HUL¿HU$XWKRULVHU DQG 5H
DXWKRUL]HULQ6:,)7DSSOLFDWLRQKDVOHGWRLPSOHPHQWDWLRQ
of 8 eyes principle. Auditors were instructed to ensure that
100% messages are cross-checked with CBS.
Technology based offsite audit system for monitoring alerts
in CBS is in operation now. Loan appraisal and monitoring
system have been segregated. Different verticals have
been created for sourcing, initial due diligence, processing,
monitoring and recovery of loans for reducing people risk,
operational risk and credit risk.
A comprehensive review of the Bank’s Audit system is
being undertaken through a reputed institution, National
Institute of Banking and Management (NIBM), Pune.
Suggested improvements will be incorporated in the Audit
System of the Bank to make it more robust and reliable.
D. Asset Quality
The Bank’s Gross NPA stood at ` 86,620 crore as at 31st
Mar'18 (` 55,370 crore as at 31st Mar’17) and the Net NPA
stood at ` 48,684 crore as at 31st Mar’18 (` 32,702 crore
as at 31st Mar’17). In terms of ratios, Gross NPA ratio
stood at 18.38% in Mar’18 (Mar’17:12.53%) and Net NPA
ratio stood at 11.24% in Mar’18 (Mar’17: 7.81%).
Initiatives taken during FY’18
y During the year, the Bank formulated two special
OTS schemes resulting in the recovery of ` 1544
crore in 2,70,633 OTS approved cases with balance
outstanding of ` 2299 crore.
y 7KH%DQNRUJDQL]HG0HJD5LQ0XNWL6KLYLUVWRJLYH
impetus to recovery especially in small advances.
y Mission Gandhigiri was launched for recovery from
borrowers wherein silent protests/demonstrations
were made in front of premises of recalcitrant
borrowers.
y Concept of Recovery Champions has been
introduced to felicitate the outstanding performers in
WKH¿HOGRIUHFRYHULHVLQ13$DFFRXQWVGXULQJHDFK
month/quarter/year.
13-Jul-18 4:27:10 PM
 y vkfLr olwyh çcaèku 'kk•kvksa (,vkj,ech)] ea-dk-@va-dk-
Lrjh; olwyh Vheksa rFkk vR;fèkd ,uih, gsrq fpfÉr 50
'kk•kvksa esa dk;Zjr deZpkfj;ksa ds fy, çeq• mÙkjnkf;Ro {ks=kksa
(dsvkj,) dh igpku dh xbZA
y Key Responsibility Areas (KRAs) have been
LGHQWL¿HG IRU VWDII ZRUNLQJ LQ $VVHW 5HFRYHU\
Management Branches (ARMBs), Recovery Teams
DW &2=2 OHYHO DQG LQ WKH  LGHQWL¿HG EUDQFKHV
having large concentration of NPAs.

y Hkkjrh; fjtoZ cSad ds fn'kkfunZs'kksa ds vuqlkj] bjknru
pwddrkZvksa ds :i esa fpfÉr fofHkUu mèkkjdrkZvksa dks uksfVl
tkjh fd, x,A bl çfØ;k ds ifj.kkeLo:i] fnukad 31-03-
2018 rd 1089 mèkkjdrkZ bjknru pwddrkZ ?kksf"kr fd, x,
FksA •krk fof'k"V fuxjkuh ds fy, fo'ks"k MsLd fuèkkZfjr fd,
x, gSa] ftudk usr`Ro 3 lgk;d egkçcaèkd djrs gSa tks `1
djksM+ o blls vfèkd ds lHkh ,uih, dh fuxjkuh djrs gSa
vkSj O;fÙkQxr •krksa esa olwyh dkjZokbZ dk vuqikyu lqfuf'pr
djrs gSaA
bZ- vkS|ksfxd iqujZpuk
y As per Reserve Bank of India guidelines, notices
ZHUH LVVXHG WR YDULRXV ERUURZHUV LGHQWL¿HG
as willful defaulters. This exercise resulted in
declaration of 1089 Wilful Defaulters as on
31.03.2018. Special Desks set up for account
VSHFL¿FPRQLWRULQJZKLFKDUHKHDGHGE\$*0V
who are monitoring all NPAs of ` 1 crore & above
and ensuring compliance of recovery actions in
individual accounts.
E. Industrial Restructuring

nckoxzLr vkfLr;ksa ds lekèkku lacaèkh ekStwnk funZs'k tSls fd nckoxzLr
vkfLr;ksa ds iqu#¼kj dh :ijs•k] daiuh dtZ iqujZpuk (lhMhvkj)
;kstuk] ekStwnk nh?kZdkfyd ifj;kstuk ½.kksa dh yphyh lajpuk]
j.kuhfrd dtZ iqujZpuk (,lMhvkj) ;kstuk] ,lMhvkj ds ckgj
LokfeRo esa ifjorZu vkSj nckoxzLr vkfLr;ksa dh èkkj.kh; lajpuk gsrq
;kstuk (,l4,) fnukad 12-02-2018 ls gVk fn, x, gSaA
The extant instructions on Resolution of Stressed
$VVHWV VXFK DV )UDPHZRUN IRU 5HYLWDOL]LQJ 'LVWUHVVHG
Assets, Corporate Debt Restructuring Scheme, Flexible
Structuring of Existing Long Term Project Loans, Strategic
Debt Restructuring Scheme (SDR), Change in Ownership
outside SDR and Scheme for Sustainable Structuring of
Stressed Assets (S4A) stand withdrawn w.e.f.12.02.2018.

,sls •krs tgka buesa ls dksbZ Hkh ;kstuk vkjaHk dh xbZ gS ij vc rd
ykxw ugha dh xbZ gS lfgr lHkh •krs la'kksfèkr :ijs•k }kjk fu;af=kr
gksaxsA fuEufyf•r •krs iqjkuh :ijs•k }kjk gh fu;af=kr gksaxs D;ksafd
ekStwnk lekèkku ;kstuk,a igys gh ykxw dh tk pqdh gSa%
All accounts, including those where any of the schemes
have been invoked but not yet implemented, will be
governed by the revised framework. Following accounts
will continue to be governed under the old framework
as the existing resolution schemes have already been
implemented.

Sr. Name of the No. of Amount

Ø- ;kstuk dk uke 31-03-2018 31-03-2018 No scheme accounts outstanding
la- ij •krksa dh ij cdk;k as on as on
la[;k jkf'k 31.03.2018 31.03.2018
(#- djksM+ esa) (in ` Crore)
1 Corporate Debt 43 4484
1 daiuh dtZ iqujZpuk 43 4484
restructuring
2 nckoxzLr vkfLr;ksa dh 09 1248 2 Scheme for 09 1248
èkkj.kh; lajpuk gsrq Sustainable
;kstuk Structuring of
Stressed Asset
3 ,lMhvkj ds ckgj 02 118
3 Change of 02 118
LokfeRo esa ifjorZu Ownership outside
4 nh?kZdkfyd ifj;kstuk 30 12018* SDR
½.kksa dh yphyh 4 Flexi Structuring of 30 12018*
lajpuk Long Term Projects
$PRXQWRIORDQUH¿QDQFHG
*iqufoZÙk ½.k dh jkf'k
(i) Framework for Revival and Rehabilitation of
(i) lw{e] y?kq o eè;e m|eksa ds iqu#¼kj vkSj iquokZl dh Micro, Small and Medium Enterprises (FRR for
:ijs•k (,e,l,ebZ gsrq ,iQvkjvkj) MSMEs)

,e,l,ebZ •krksa esa ncko dk lekèkku djus vkSj muds
iqu#¼kj ds fy, ,d ljy o Rofjr ra=k çnku djus dh fn'kk
esa cSad us y?kq vkSj eè;e m|eksa ds fy, dtZ iqujZpuk ra=k
(Mhvkj,e) ds LFkku ij fnukad 14-07-2016 ls ,e,l,ebZ
ds iqu#¼kj o iquokZl dh ubZ :ijs•k (,iQvkjvkj) ds rgr
uhfr viukbZ gSA
In order to provide a simpler and faster mechanism
to address the stress in MSME accounts and their
revival, Bank has adopted the policy under New
Framework for Revival and Rehabilitation (FRR)
of MSMEs w.e.f. 14.07.2016 in place of Debt
Restructuring Mechanism (DRM) for Small and
Medium Enterprises.

11

2 PNB Full AR 2017-18 7-68 130718.indd 11 13-Jul-18 4:27:10 PM

 foÙkh; o"kZ*18 ds nkSjku] ,e,l,ebZ gsrq ,iQvkjvkj ds rgr
`55 djksM+ cdk, okys 12 •krksa dh iqujZpuk dh xbZA
(ii) iqujZpuk&vU;
vius fu;a=k.k ls ckgj ds dkj.kksa ls vLFkk;h leL;kvksa dk
lkeuk dj jgh laHkkO; vFkZ{ke bdkb;ksa ds dtZ dh iqujZpuk
ds fy, Hkh cSad esa ,d ikjn'khZ ra=k fo|eku gSA blesa ,sls
ekeyksa dks doj fd;k x;k gS tks iqjkuh :ijs•k ds rgr ekStwn
;kstukvksa }kjk fu;af=kr ugha gksrs gSaA
foÙkh; o"kZ*18 ds nkSjku] `1099 djksM+ cdk, okys ,sls 846
•krksa esa iqujZpuk dh xbZA
fnukad 31-03-2018 ij] iqujZpuk ykxw fd, x, 892 •krksa esa
cdk;k jkf'k `7584 djksM+ FkhA
,iQ- lwpuk çkS|ksfxdh rFkk fMftVyhdj.k
lrr uoçorZuksa vkSj ekStwnk mRiknksa o lsokvksa esa mUu;u ds ekè;e
ls cSad fMftVyhdj.k ds iFk ij fujarj vxzlj gSA cSad vius lHkh
xzkgdksa dks fparkeqÙkQ vkSj lqfoèkktud cSafdax lsok,a çnku djrk jgk
gSA foÙkh; o"kZ*18 esa fMftVy ysunsuksa dh dqy la[;k us o"kZ&nj&o"kZ
vkèkkj ij 25» ls vfèkd dh o`f¼ ntZ dh vkSj dqy ysunsuksa esa
fMftVy ysunsuksa dh Hkkxhnkjh 69» jghA
oSdfYid forj.k pSuy
v) baVjusV cSafdax% 31 ekpZ 2018 ij] cSad us vius fjVsy rFkk
dkWikZsjsV lsXesaV~l ds varxZr vkbZch,l mi;ksxdrkZvksa ds lacaèk
esa 37» dh o`f¼ çnf'kZr dh gSA cSad us ekStwnk ekWMyksa dks
vkSj Hkh vfèkd mUur cukus dh fn'kk esa vkèkkj lhfMax] iSu
lhfMax rFkk baVjusV cSafdax ds ekè;e ls •krksa esa bZ&esy vkbZMh
viMsV djus tSlh lqfoèkkvksa dk vkjaHk fd;k gSA
vk) eksckby cSafdax% foÙkh; o"kZ*18 ds nkSjku eksckby cSafdax
mi;ksxdrkZvksa dh la[;k esa 46» o`f¼ gqbZA Mªd ih,uch HkwVku
ds xzkgdksa fy, Hkh eksckby cSafdax lqfoèkk vkjaHk dh xbZA
(yk• esa)
baVjusV cSafdax rFkk eksckby cSafdax mi;ksxdrkZ
b) ,Vh,e% cSad ds ikl 6 djksM+ ls vfèkd dkMks± ds lqn`<+
vkèkkj ds lkFk 9668 ,Vh,e dk fo'kky usVodZ gSA cSad us
xfr'khy eqæk :ikarj.k] ikWivi ds ekè;e ls ,Vh,e esa vkèkkj
lhfMax vkSj ih,uch ,Vh,e ij tslhch@;wihvkbZ dkMZ ysunsu
dh lqfoèkkvksa dk vkjaHk fd;k gSA cSad ewyHkwr ,Vh,e ysunsu
lsok,a çnku djus ds vfrfjÙkQ dbZ vU; lsok,a Hkh çnku dj
jgk gSA
bZ) cSad us fMftVy ysunsuksa dks c<+kok nsus ds fy, ih,uch
ekschbZt] ih,uch fjokWMZt] ih,uch fiQu fyVjslh] ih,uch
12
2 PNB Full AR 2017-18 7-68 130718.indd 12
During FY’18, 12 accounts, with outstanding of ` 55
crore, were restructured under FRR for MSME.
(ii) Restructuring-Others
The Bank has also in place, a transparent mechanism
for restructuring of debts of potentially viable units,
which are facing temporary problems due to factors
beyond their control. This covers the cases which
cannot be governed in the schemes under the old
framework.
During FY’18, 846 such accounts with outstanding of
` 1099 crore have been restructured.
As on 31.03.2018, outstanding in 892 implemented
restructured accounts stood at ` 7584 crore.
F. IT and Digitalization
7KH %DQN¶V MRXUQH\ WRZDUGV GLJLWDOL]DWLRQ FRQWLQXHV
through constant innovations and upgradations of its
existing products and services. The Bank has been
providing hassle free and convenient banking services to
all its customers. Total Number of digital transactions in
FY’18 registered growth of more than 25% on YoY basis
and the share of digital transactions in total transactions
stood at 69%.
Alternative Delivery Channels
a) Internet Banking: As at 31st March 2018, under its
retail and corporate segments, the Bank has shown
growth of 37% in respect of IBS users. In order to
further upgrade the existing models, the Bank has
introduced Aadhar seeding, PAN seeding and
updating E-mail id into accounts through Internet
Banking.
b) Mobile Banking: There was a growth of 46% in
Mobile banking users during FY’18. Mobile Banking
for the customers of DrukPNB, Bhutan was also
introduced.
(in Lakh)
c) ATMs: The Bank has a vast Network of 9668 ATMs
with a strong card base of more than 6 crore. The
Bank has introduced Dynamic Currency Conversion,
Aadhar seeding through pop-up in ATMs and JCB/
UPI card transaction on PNB ATMs. The Bank is
offering a host of other services apart from providing
basic ATM transaction services.
d) Bank has introduced different digital applications in
order to facilitate digital transactions such as PNB
13-Jul-18 4:27:11 PM
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fdêðh vkfn tSlh fofHkUu fMftVy ,fIyds'ku vkjaHk dh gSaA
lkFk gh] foÙkh; o"kZ*18 esa ih,uch ,e&iklcqd dks Hkh ykWUp
fd;k x;k ftlds ekè;e ls xzkgd vius eksckby iQksu ij gh
viuh •krk fooj.kh ns• ldrs gSaA
egRoiw.kZ xfrfofèk;ka
y cSad us eqfær ,Vh,e fiu ds LFkku ij dkxt&jfgr xzhu
fiu] ,l,e,l o baVjusV cSafdax rFkk dkWy lsaVj esa miyCèk
baVjSfDVo okW;l fjLikal flLVe (vkbZohvkj,l) ds ekè;e ls
MsfcV dkMZ dh rRdky gkWV&fyfLVax tSlh igy vkjaHk dh gSaA
y cSad us baVhxzsVsM iQh iksVZy (vkbZ,iQih) ykWUp fd;k ftlesa
xzkgdksa dks baVjusV cSafdax xsVos ds ekè;e ls 'kqYd Hkqxrku
gsrq çsfjr fd;k tkrk gSA xzkgd baVjusV cSafdax] MsfcV dkMZ o
ØsfMV dkMZ ds ekè;e ls fdlh Hkh le; ;s Hkqxrku dj ldrs
gSaA
y cSad us Hkkjr fcy Hkqxrku çpkyu ç.kkyh ds varxZr
çpkyu bdkbZ ds :i esa dk;Z djus ds fy, ,uihlhvkbZ ds
lkFk ,dhdj.k fd;k gS vkSj bls flracj 2017 esa lfØ; dj
fn;k x;k gSA
y cSad us chlh LFkkuksa ij ge&ij (vkWu&vl) vkSj gels&brj
(vkWiQ&vl) nksuksa gh çdkj ds ysunsu ds fy, ekbØks ,Vh,e
lqfoèkk,a miyCèk djkbZ gSaA
y lwpuk lqj{kk% cSad esa lqfu:fir lkbcj lqj{kk uhfr lfgr
lwpuk lqj{kk uhfr ekStwn gSA fdlh Hkh çdkj dh lkbcj ?kVuk
ls fuiVus ds fy, cSad }kjk lkbcj ladV çcaèku ;kstuk Hkh
cukbZ xbZ gSA
y cSad ds MsVk lsaVj] usVodZ vkWijsfVax dsaæ (,uvkslh) vkSj
vkink cgkyh (Mhvkj) lkbV o"kZ 2016&19 dh vofèk ds
fy, vkbZ,lvks 27001%2013 çekf.kr gSaA
y fMftVy mRiknksa ds mi;ksx dks c<+kus ds fy, cSad us fofHkUu
fMftVy vfHk;kuksa o fMftVy fnolksa dk vk;kstu fd;k gSA
y cSad us çèkku dk;kZy;] }kjdk esa fMftVy 'kk•k ds igys çwiQ
vkWiQ dkWUlsIV (ihvkslh) ekWMy ih,uch fMthgV dk 'kqHkkjaHk
Hkh fd;k gSA
th- çcaèku lwpuk ç.kkyh
foÙkh; o"kZ*18 ds nkSjku flfcy] ,Dlihfj;u] gkbZ ekdZ vkSj
bfDoiQSDl MsVkcsl ls laHkkfor mèkkjdrkZvksa dh miHkksÙkQk Js.kh ds
rgr 17]40]263 lk• lwpuk fjiksVZ (lhvkbZvkj) vkSj okf.kfT;d
Js.kh ds rgr yxHkx 35]000 lhvkbZvkj çkIr dh xbZaA
ekpZ*18 rd cSad }kjk çfrHkwfrdj.k] vkfLr iqujZpuk ,oa çfrHkwfr fgr
gsrq Hkkjr dh dsaæh; jftLVªh (lhbZvkj,l,vkbZ) ds lkFk yxHkx 5-29
yk• vpy laifÙk;ka (vkbZih) vkSj py laifÙk;ka iathÑr djkbZ xbZaA
ih,uch èku&'kksèku fuokj.k (,,e,y) esa] çksMD'ku loZj esa dqy 79
ifjn`'; ykxw fd, x, tcfd ih,uch }kjk çk;ksftr {ks=kh; xzkeh.k
cSadksa (vkjvkjch) esa dqy 55 ifjn`'; ykxw fd, x,A
2 PNB Full AR 2017-18 7-68 130718.indd 13
MobiEase, PNB Rewards, PNB Fin Literacy, PNB
Yuva, PNB ATM Assist, PNB m-Banking, PNB
Kitty, etc. Further, PNB M-Passbook was launched
in FY’18 for customers to access their account
statement on mobile phone itself.
Important Developments
y The Bank has started initiative of paperless Green
PIN instead of printed ATM PIN, Instant Hot-listing
of Debit Cards through SMS, Internet Banking and
through Interactive Voice Response System (IVRS)
at call centers.
y The Bank launched Integrated Fee Portal (IFP) in
which the customers are on-boarded for fee payments
through Internet Banking Gateway. Customers can
make these payments through Internet Banking,
Debit card and Credit card anytime.
y The Bank has integrated with NPCI to work as
an operating unit under Bharat Bill Payment
Operating Unit and it was made live in September
2017.
y The Bank has provided Micro ATM facilities at
BC locations for both i.e., On-US and Off-US
transactions.
y Information Security: The Bank has Information
Security Policy and a well delineated Cyber Security
Policy. The Bank has a Cyber Crisis Management
Plan to handle any kind of cyber incident.
y Data Centre of the Bank, Network Operating Centres
(NOC) and Disaster Recovery (DR) site are ISO
FHUWL¿HGIRUWKHSHULRG
y 7KH %DQN RUJDQL]HG YDULRXV 'LJLWDO &DPSDLJQV
and Digital Days for increasing the usage of digital
products.
y 7KH %DQN DOVR ODXQFKHG D ¿UVW 3URRI RI &RQFHSW
Model of Digital Branch PNB DIGIHUT at Head
2I¿FH'ZDUND
G. Management Information System
During FY’18, 17,40,263 Credit Information Reports
(CIRs) of prospective borrowers under Consumer category
and around 35,000 CIRs under Commercial category
were drawn from CIBIL, Experian, High Mark & Equifax
databases.
Around 5.29 lakh Immovable Properties (IP) & Movable
properties were registered with Central Registry of
Securitisation Asset Reconstruction and Security Interest
of India (CERSAI) by Bank till March’18.
In PNB Anti Money Laundering (AML), a total of 79
scenarios implemented in production server while in PNB
Sponsored Regional Rural Banks (RRBs), a total of 55
scenarios were implemented.
13
13-Jul-18 4:27:11 PM
 ,p- 'kk•k ,oa dk;kZy; usVodZ
?kjsyw mifLFkfr
fnukad 31-03-2018 dh fLFkfr ds vuqlkj] cSad ds ikl 6983 ?kjsyw
'kk•kvksa ds lkFk lkoZtfud {ks=k ds cSadksa ds chp nwljk lcls cM+k
usVodZ gS] ftlesa 1283 egkuxjh;] 1392 'kgjh] 1731 vèkZ'kgjh vkSj
2577 xzkeh.k 'kk•k,a 'kkfey gSaA xzkeh.k o vèkZ'kgjh 'kk•k,a dqy
'kk•k usVodZ dk 62» FkhaA
'kk•k,a
varjjk"Vªh; mifLFkfr
orZeku esa] 4 'kk•kvksa (gkaxdkax esa 2] nqcbZ esa 1 vkSj eqacbZ
fLFkr vkWiQ'kksj cSafdax ;wfuV (vksch;w) esa 1)] 2 vuq"kafx;ksa (yanu
+ %UDQFKDQG2I¿FH1HWZRUN
Domestic Presence
The Bank has the second largest branch network amongst
PSBs with 6983 domestic branches as on 31.03.2018
comprising of 1283 Metropolitan, 1392 Urban, 1731 Semi-
Urban and 2577 Rural branches. Rural and Semi Urban
Branches (RUSU) comprise 62% of the Total Branch
Network.
International Presence
At present, Bank has its overseas presence in 8 countries
by way of 4 branches (2 in Hong Kong, 1 in Dubai and
1 Offshore Banking Unit (OBU) in Mumbai), 2 Subsidiaries
o HkwVku)] 1 lgk;d daiuh (dtk•Lrku)] 1 la;qÙkQ m|e /RQGRQ  %KXWDQ  $VVRFLDWH DW .D]DNKVWDQ
(usiky) vkSj 3 çfrfufèk dk;kZy;ksa ('ka?kkbZ&phu] <kdk&ckaXykns'k
vkSj nqcbZ&;w,bZ) ds :i esa cSad dh 8 ns'kksa esa varjjk"Vªh; mifLFkfr
gSA
vkbZ- varjjk"Vªh; cSafdax
foÙkh; o"kZ*18 gsrq fons'kh eqæk dkjksckj `1]46]683 djksM+ jgk ftlesa
o"kZ&nj&o"kZ vkèkkj ij 4-17» dh o`f¼ ntZ dh xbZA 31 ekpZ 2018
rd] cSad ds ikl fons'kh eqæk dkjksckj dk lapkyu djus ds fy,
204 vfèkÑr 'kk•k,a ,oa O;kikfjd ysunsu dk lapkyu djus ds fy,
ubZ fnYyh esa fo'ksKrkçkIr O;kikj foÙk gsrq dsaæhÑr cSd vkWfiQl
gSA cSad ds ikl vk;krdksa@fu;kZrdksa dks lsok,a çnku djus ds fy,
çeq• fu;kZr dsaæksa esa fo'ks"khÑr varjjk"Vªh; cSafdax 'kk•k,a gSaA blds
vfrfjÙkQ] cSad ds ikl fons'kh i;ZVdksa@,uvkjvkbZ }kjk fons'kh eqæk
uksVksa@;k=kh psdksa ds udnhdj.k dh lqfoèkk ds fy, egRoiw.kZ i;ZVd
dsaæksa ij 22 ,Dlpsat C;wjks gSaA
cSad ds ikl iwjs cSad ds fy, lexz :i ls vkod èkuçs"k.kksa dk
lapkyu djus ds fy, ubZ fnYyh esa ,d varjjk"Vªh; lsok 'kk•k Hkh
gSA foÙkh; o"kZ*18 ds nkSjku] cSad us `54]000 djksM+ ls vfèkd ds
èkuçs"k.k dkjksckj dk lapkyu fd;kA
ts- dkjksckj fofoèkhdj.k
y E;wpqvy iQaM% foÙkh; o"kZ*18 ds nkSjku] cSad us ekStwnk
xBcaèkuksa ds vfrfjÙkQ pkj ubZ E;wpqvy iQaM vkfLr çcaèku
daifu;ksa vFkkZr ,yvkbZlh E;wpqvy iQaM ,lsV eSustesaV
fyfeVsM] fjyk;al fuIikWu ykbiQ ,lsV eSustesaV fyfeVsM] VkVk
,lsV eSustesaV fyfeVsM vkSj fcM+yk lu ykbiQ E;wpqvy iQaM
ds lkFk xBcaèku fd;kA
foÙkh; o"kZ*18 ds nkSjku] cSad us `8242 djksM+ dk dqy
dkjksckj tqVk;k vkSj 31 ekpZ 2018 ij çcaèkukèkhu vkfLr;ka
(,;w,e) `812 djksM+ jghaA cSad us E;wpqvy iQaM dh fcØh
ls `6 djksM+ dk czksdjst vftZr fd;kA
14
2 PNB Full AR 2017-18 7-68 130718.indd 14
 -RLQW 9HQWXUH DW 1HSDO DQG  5HSUHVHQWDWLYH 2I¿FHV
(Shanghai-China, Dhaka-Bangladesh and Dubai-UAE).
I. International Banking
The foreign exchange turnover for FY’18 was `1,46,683
crore registering a growth of 4.17% on YoY basis. As at
31st March 2018, the Bank had 204 branches authorised
to handle foreign exchange business and a specialised
&HQWUDOLVHG%DFN2I¿FHIRU7UDGH)LQDQFHDW1HZ'HOKLIRU
KDQGOLQJRIWUDGHWUDQVDFWLRQV7KH%DQNKDVVSHFLDOL]HG
International Banking Branches at major export centres
for extending services to the importer/exporter. Besides,
the Bank has 22 Exchange Bureaus at important tourist
centres to facilitate encashment of foreign exchange
currency notes/traveller cheques by foreign tourists/NRIs.
The Bank is also having an International Service Branch
at New Delhi for handling inward remittances for the Bank
as a whole. During FY ’18, the Bank handled remittance
business of more than ` 54,000 crore.
- %XVLQHVV'LYHUVL¿FDWLRQ
y Mutual Fund: Besides the existing tie-ups, the
Bank during FY’18 tied-up with four new Mutual
fund Asset Management Companies namely LIC
Mutual Fund Asset Management Limited, Reliance
Nippon Life Asset Management Limited, Tata Asset
Management Limited and Birla Sun Life Mutual
Fund.
'XULQJ )<¶ WKH %DQN PRELOL]HG 7RWDO %XVLQHVV
of `8242 crore and as at 31st March 2018, Assets
under Management (AUM) stood at `812 crore. The
Bank earned brokerage of `6 crore via. Mutual funds
selling.
13-Jul-18 4:27:12 PM
 y chek dkjksckj
1- thou chek dkjksckj% thou chek dkjksckj ls cSad dh
vk; foÙkh; o"kZ*17 ds nkSjku vftZr `110 djksM+ ds
eqdkcys foÙkh; o"kZ*18 ds nkSjku `144 djksM+ jgh] tks
31» dh o`f¼ n'kkZrh gSA vkjaHk ls vHkh rd lax`ghr
dqy O;olk; 709714 ikWfyfl;ksa ls `5880 djksM+ jgk
vkSj dqy vk; `502 djksM+ jghA
2- xSj&thou chek dkjksckj% foÙkh; o"kZ*18 ds nkSjku]
cSad us xSj&thou chek dkjksckj ds fy, rhu daifu;ksa
vFkkZr U;w bafM;k ,';ksjsal daiuh fyfeVsM] ctkt
vkfy;kat tujy ba';ksjsal daiuh fyfeVsM vkSj jsfyxs;j
gsYFk ba';ksjsal daiuh fyfeVsM ds lkFk xBcaèku dk
vkjaHk fd;kA vftZr vk; foÙkh; o"kZ*17 ds `28 djksM+
ls 29» c<+dj foÙkh; o"kZ*18 esa `36 djksM+ jghA
y fMikWftVjh lsok,a% cSad us fMikWftVjh lsok,a çnku djus
ds fy, foÙkh; o"kZ*18 ds nkSjku `74 yk• dh vk; vftZr
dhA
y vkWuykbu VªsfMax lsok,a% foÙkh; o"kZ*18 ds nkSjku] vkWuykbu
VªsfMax xfrfofèk;ksa ds dkj.k eSllZ ,l,elh Xykscy flD;ksfjVht
fyfeVsM] eSllZ vkbZMhchvkbZ dSfiVy lfoZlst fyfeVsM vkSj
eSllZ usVoFkZ LVkWd czksfdax fyfeVsM tSls lg;ksfx;ksa ls `33-17
yk• dh vk; çkIr gqbZA
y epZsaV cSafdax% foÙkh; o"kZ*18 ds nkSjku] cSad us 187 fuxZe ds
lkis{k 9]98]000 ls vfèkd ,,lch, vkosnuksa dk çlaLdj.k
fd;k] ftlls `2952 djksM+ dh jkf'k dks vo#¼ djrs gq,
`1-05 djksM+ dh deh'ku vk; lfgr `5 djksM+ ls vfèkd dh
dfYir vk; vftZr dh xbZA
y ØsfMV dkMZ% ØsfMV dkMZ tkjh djus dh nj esa 25» o`f¼
gqbZA 31-03-2018 ij cSad dk 3]19]641 ØsfMV dkMZ vkèkkj
lkoZtfud {ks=k ds cSadksa ds chp nwljk lcls cM+k vkèkkj gSA
foÙkh; o"kZ*18 ds nkSjku] cSad us viuk u;k ØsfMV dkMZ osfj,aV
ih,uch #is IySfVue ØsfMV dkMZ ykWUp fd;k ftlesa xzkgdksa
gsrq fofoèk ykHk vkSj nq?kZVuk e`R;q@iw.kZ fodykaxrk chek doj
miyCèk gSaA cSad us ihvks,l vkSj bZ&dkWelZ ij ih,uch baLVk&is
bZ,evkbZ vFkkZr Ø;&iwoZ bZ,evkbZ ;kstuk dk Hkh vkjaHk fd;k
tks dkMZèkkjdksa dks mRiknksa dh •jhn ds le; gh •jhn dks
bZ,evkbZ esa cnyus dh lqfoèkk çnku djsxhA
ØsfMV dkMZ tkjh djus ds dkjksckj ls cSad us `25 djksM+ dk
'kq¼ ykHk vftZr fd;kA
y epZsaV vfèkxzg.k dkjksckj% 31 ekpZ 2018 dh fLFkfr ij]
cSad us 56]746 ihvks,l VfeZuy LFkkfir fd, vkSj 493
baVjusV isesaV xsVos ,dhÑr fd,A
y ihvks,l VfeZuy esa cgq&Lrjh; bZ,evkbZ lqfoèkk% ihvks,l
VfeZuyksa dks cgq&Lrjh; bZ,evkbZ lqfoèkk ds lkFk dLVekbt
fd;k x;k gS ftls epZsaV ds fof'k"V vuqjksèk ij cSad ds
lsokçnkrk }kjk lfØ; fd;k tkrk gSA
y baVjusV Hkqxrku xsVos ds rgr lqij epZsaV xBtksM+% cSad
us baVjusV Hkqxrku xsVos lsok,a çnku djus dh lqfoèkk Hkh
vkjaHk dh gSA bl xBtksM+ ds rgr ih,uch esa •krk u j•us
2 PNB Full AR 2017-18 7-68 130718.indd 15
y Insurance Business
1. Life Insurance Business: The Bank’s
earnings from Life-Insurance business during
FY’18 amounted to ` 144 crore as against
`110 crore during FY’17, showing growth of
7RWDO%XVLQHVVPRELOL]HGVLQFHLQFHSWLRQ
was ` 5880 crore from 709714 policies and
total earnings amounted to `502 crore.
2. Non-Life Insurance Business: During FY’18,
the Bank entered into tie-ups with three
Companies for Non Life Insurance i.e., New
,QGLD$VVXUDQFH&R/WG%DMDM$OOLDQ]*HQHUDO
Insurance Co. Ltd & Religare Health Insurance
Co. Ltd. The revenue earned increased 29%
from ` 28 crore in FY’17 to ` 36 crore during
FY’18.
y Depository Services: The Bank earned an income
of `74 lakh during FY ’18 for providing Depository
Services.
y Online Trading Services: An income of ` 33.17
lakh was received from the Associates such as
M/s. SMC Global Securities Ltd., M/s. IDBI Capital
Services Ltd. and M/s. Networth Stock Broking Ltd.
on account of Online Trading Activities during FY’18.
y Merchant Banking: During FY ’18, the Bank handled
more than 9,98,000 ASBA applications against 187
issues, thereby blocking an amount of ` 2952 crore
and earning notional income of more than ` 5 crore
with commission income of ` 1.05 crore.
y Credit Card: There was 25% growth in Credit Card
issuance. The Bank’s credit card base of 3,19,641
as at 31.3.2018,is the 2nd largest amongst PSBs.
During FY’18, the Bank launched its new credit card
variant i.e., PNB RuPay Platinum Credit Card with
VLJQL¿FDQW FXVWRPHU EHQH¿WV LQFOXGLQJ DFFLGHQWDO
death/total disability insurance cover. The Bank
also launched PNB INSTA PAY EMI at POS and
E-commerce scheme i.e. PRE-PURCHASE EMI
towards facilitating cardholders to convert purchases
into EMI at the time of purchase of products itself.
7KH%DQNHDUQHGD1HW3UR¿WRI` 25 crore from the
credit card issuance business.
y Merchant Acquiring Business: As at 31st March
2018, the Bank has installed 56,746 PoS terminals
and integrated 493 Internet Payment Gateways.
y Multi level EMI facility in PoS terminals: PoS
WHUPLQDOVDUHFXVWRPL]HGZLWK0XOWL/HYHO(0,IDFLOLW\
which is activated by the service provider of the Bank
RQWKHVSHFL¿FUHTXHVWRIWKHPHUFKDQW
y Super Merchant Alliance under Internet Payment
Gateway: The Bank also started a facility to provide
Internet Payment Gateway Services. Customers
15
13-Jul-18 4:27:12 PM
 okys xzkgdksa dks baVjusV Hkqxrku xsVos lsok,a çnku dh tkrh
gSaA
y Hkkjr D;wvkj dksM vkSj Hkhe vkèkkj is% cSad us Hkkjr
D;wvkj dksM vkSj Hkhe vkèkkj is IysViQkWeZ ykWUp fd, gSa
tks de udnh okyh vFkZO;oLFkk cukus dh fn'kk esa ljdkj
}kjk lapkfyr ubZ ifj;kstuk,a gSaA 47]535 O;kikfj;ksa dks bl
IysViQkWeZ ds rgr 'kkfey fd;k x;kA
ds- ljdkjh dkjksckj
jk"Vªh; jktekxZ çkfèkdj.k (,u,p,vkbZ) us iQkLVSx tkjh dj
okguLokfe;ksa dks Vksy Iyktk ls fparkeqÙkQ vkokxeu djus dh lqfoèkk
çnku djus dh fn'kk esa bZ&Vksy laxzg dk;ZØe vkjaHk fd;k gSA rnuqlkj]
cSad us ,u,p,vkbZ ds jk"Vªh; bysDVªkWfud Vksy laxzg (,ubZVhlh)
dk;ZØe dks liQyrkiwoZd dk;kZfUor fd;k gSA cSad okguLokfe;ksa dks
iQkLVSx tkjh djus ds fy, tkjhdrkZ ds :i esa ,ubZVhlh esa Hkkxhnkjh
dj jgk gS vkSj fudV Hkfo"; esa vU; Vksy Iyktk çkIr djus dh
;kstuk ds lkFk çk;ksfxd vkèkkj ij ,d Vksy Iyktk (eknk&ukljh]
tEew) dk igys gh vfèkxzg.k dj pqdk gSA
ljdkjh dkjksckj ds varxZr vU; xfrfofèk;ka fuEukuqlkj gSa_
1- ljdkjh foHkkxksa }kjk fuckZèk bZ&•jhn ds fy, ç.kkfy;ksa ds
,dhdj.k gsrq ljdkjh bZ&ekdZsV ds lkFk xBtksM+A
2- ½.k mRiknksa ds forj.k gsrq bafM;k iksLV isesaV cSad (vkbZihihch)
ds lkFk lk>snkjh gsrq le>kSrk okrkZ vafre pj.k esa gSA
3- C;kt lfClMh] ekftZu jkf'k] lhthVh,e,lbZ 'kqYd vkfn
forfjr djus ds fy, gLrf'kYi foHkkx dks dsaæhÑr
vkWuykbu laxzg.k ,oa forj.k (lhvkslhMh) iksVZy miyCèk
djk;k x;k gSA
,y- Vªstjh ifjpkyu
ldy fuos'k 31 ekpZ 2017 ds `1]83]297 djksM+ ls c<+ dj 7-65»
dh o"kZ&nj&o"kZ o`f¼ ntZ djrs gq, 31 ekpZ 2018 ij `1]97]328
djksM+ jgkA foÙkh; o"kZ*18 esa vkSlr fuos'k `2]03]844 djksM+ jgs tks
rqyukRed :i ls fiNys o"kZ dh blh vofèk esa `1]75]774 djksM+ FksA
fuos'k iksVZiQksfy;ks ls C;kt vk; foÙkh; o"kZ*17 ds `12]439 djksM+
ls c<+ dj foÙkh; o"kZ*18 esa `13]806 djksM+ gks xbZA cSad us iwjs
foÙkh; o"kZ ds nkSjku ljdkjh ckaM] xSj&,l,yvkj ckaM vkSj bfDoVh
esa lfØ; dkjksckj fd;kA dqy O;kikfjd ykHk (MsfjosfVOl lfgr)
who are non-account holders are provided Internet
Payment Gateway Services under this tie-up.
y BHARAT QR CODE & BHIM AADHAAR PAY: The
Bank launched Bharat QR Code and BHIM Aadhaar
Pay platforms, a new Government driven project
towards creation of a less cash economy. Under the
platform, 47,535 merchants were on-boarded.
K. Government Business
National Highways Authority of India (NHAI) launched
E-Toll collection programme for hassle free transit at toll
SOD]DVE\LVVXLQJ)$6WDJVWRYHKLFOHRZQHUV$FFRUGLQJO\
the Bank successfully implemented the National Electronic
Toll Collection (NETC) programme of NHAI. The Bank is
participating in NETC as issuer for issuing FAStags to
YHKLFOH RZQHU DQG KDV DOUHDG\ DFTXLUHG RQH 7ROO 3OD]D
(Mada-Nasri, Jammu) on pilot basis with plans to acquire
more in the near future.
Further developments under Government Business are as
under:
1. Tie-up with Government e-Market for integration of
systems for seamless e-procurement by Government
Departments.
2. Talks are at an advanced stage for the partnership
with Indian Postal Payments Bank (IPPB) for
distributing of credit products.
3. Centralised on-line Collection & Disbursement
(COCD) Portal extended to Department of
Handicrafts for disbursing Interest subsidy, Margin
Money, CGTMSE Fee, etc.
L. Treasury Operations
Gross Investment as at 31st March 2018 stood at
` 1,97,328 crore up from ` 1,83,297 crore as at 31st March
2017 registering a YoY growth of 7.65%. The average
investments in FY’18 were ` 2,03,844 crore as against
` 1,75,774 crore in corresponding period last year. The
Interest income from investment portfolio increased to
`13,806 crore in FY’18 from ` 12,439 crore in FY’17. The
Bank actively traded in sovereign bonds, Non-SLR bonds
DQG (TXLW\ WKURXJKRXW WKH ¿QDQFLDO \HDU 7RWDO 7UDGLQJ
foÙkh; o"kZ*17 ds `2654 djksM+ ls c<+ dj foÙkh; o"kZ*18 ds fy,
`3]254 djksM+ gks x;kA
fuf'pr vk; (,l,yvkj@,u,l,yvkj)% foÙkh; o"kZ*18 ds
nkSjku] cSad us fuf'pr vk; fy•rksa esa fuos'k dh fcØh ls `1]455
djksM+ dk O;kikfjd ykHk vftZr fd;k tks rqyukRed :i ls fiNys
o"kZ dh blh vofèk ds nkSjku `2214 djksM+ Fkk D;ksafd foÙkh; o"kZ*18
ds mÙkjkèkZ ds nkSjku çfriQy esa o`f¼ gksrh xbZA
bfDoVh% cSad us fiNys o"kZ dh rqyuk esa 102-9» dh o`f¼ ntZ djrs gq,
bl o"kZ `340 djksM+ dk O;kikfjd ykHk vftZr fd;kA blds vfrfjÙkQ]
cSad us ih,uch gkmflax iQkbusal fyfeVsM (ih,uch,p,iQ,y) esa
SUR¿WLQFOXGLQJGHULYDWLYHVLQFUHDVHGIURP`2654 crore in
FY’17 to ` 3254 crore in FY’18.
Fixed Income (SLR/NSLR): During FY’18, the Bank
ERRNHG WUDGLQJ SUR¿W RI ` 1455 crore from sale of
LQYHVWPHQWV LQ ¿[HG LQFRPH DJDLQVW ` 2214 crore during
corresponding period previous year as yields started
moving northwards during later half of FY’18.
Equity: The Bank booked `  FURUH WUDGLQJ SUR¿W
registering a growth of 102.9% over previous year.
$SDUWIURPWKDWWKH%DQNDOVRERRNHGRQHWLPHSUR¿WRI
` 1232 crore from sale of stake in PNB-Housing Finance
viuh va'kèkkfjrk dh fcØh ls `1232 djksM+ dk ,dckjxh ykHk /LPLWHG 31%+)/ 7RWDO 3UR¿W LQ WKH HTXLW\ VHJPHQW
Hkh vftZr fd;kA foÙkh; o"kZ*18 ds fy, bfDoVh •aM esa dqy ykHk amounted to ` 1573 crore while the dividend income for

16

2 PNB Full AR 2017-18 7-68 130718.indd 16 13-Jul-18 4:27:12 PM

 `1573 djksM+ jgk tcfd ykHkka'k vk; `139 djksM+ jghA
fons'kh eqæk% O;kikjh dkjksckj ,oa ek=kk c<+kus ij tksj fn, tkus vkSj
fofHkUu xzkgd dsafær igyksa ds dkj.k ,Dlpsat ykHk foÙkh; o"kZ*17
ds `547 djksM+ ls c<+ dj foÙkh; o"kZ*18 esa `724 djksM+ gks x;kA
,e- xzkgd lsok
foÙkh; o"kZ*18 ds nkSjku] cSad us dsaæhÑr f'kdk;r fuokj.k çcaèku
ç.kkyh (lhthvkj,e,l) uked vkWuykbu f'kdk;r fuokj.k çcaèku
dk;ZØe 'kq: fd;kA xzkgd cSad dh osclkbV] baVjusV cSafdax lsok]
eksckby cSafdax lsok o eksckby ,si ds ekè;e ls lhthvkj,e,l esa
viuk vuqjksèk@f'kdk;r ntZ dj ldrs gSaA
lHkh eaMy dk;kZy;ksa vkSj 1]862 ls vfèkd ,l,ih leFkZ 'kk•kvksa
dks lhthvkj,e,l esa çfo"V fd;k x;k gS ftlesa xzkgd dks rqjar gh
,d Lopkfyr ikorh çkIr gksrh gS vkSj og viuh f'kdk;r dks VªSd
Hkh dj ldrk gSA
y xzkgdksa dks çnku dh tkus okyh lsokvksa dh xq.koÙkk ij è;ku
nsus vkSj buesa lqèkkj gsrq çkIr iQhMcSd@lq>koksa ij xaHkhjrkiwoZd
fopkj djus ds fy, lHkh 'kk•kvksa vkSj eaMy dk;kZy;ksa esa
xzkgd lsok lfefr;ka xfBr dh xbZ gSaA
y cSad us 'kk•kvksa }kjk çnku dh tk jgh lsok ds ekudksa dk
vkdyu djus gsrq mudk xqIr fujh{k.k djus ds fy, fofHkUu
ç'kklfud Lrjksa ij vfèkdkfj;ksa dh Vheksa dk xBu fd;k gSA
foÙkh; o"kZ*18 ds nkSjku] Hkkjr Hkj esa ,sls 6695 fujh{k.k fd,
x, vkSj fujh{k.kdrkZ vfèkdkfj;ksa }kjk fd, x, voyksdu
lqèkkjkRed dne mBk, tkus gsrq lacafèkr 'kk•k rFkk eaMy
dk;kZy; ds lkFk lk>k fd, x,A
lHkh 53]331 f'kdk;rksa (vFkkZr fnukad 01-04-2017 dks yafcr 315
f'kdk;rsa vkSj foÙkh; o"kZ*18 ds nkSjku çkIr 53]016 f'kdk;rsa) dk
f'kdk;rdrkZvksa dh larqf"V ds vuqlkj fuokj.k fd;k x;kA fnukad
31-03-2018 ij yafcr jgh 1862 f'kdk;rksa dk Hkh ckn esa fuokj.k
dj fn;k x;k gSA
,u- jktHkk"kk uhfr dk dk;kZUo;u
cSad us Hkkjr ljdkj] x`g ea=kky;] jktHkk"kk foHkkx }kjk foÙkh; o"kZ*18
ds fy, fuèkkZfjr vfèkdka'k ekunaMksa dks gkfly fd;kA
foÙkh; o"kZ*18 ds nkSjku] cSad dks fganh ds ç;ksx esa mRÑ"V çn'kZu
ds fy, dbZ iqjLdkj fn, x,] ftuesa Hkkjr ljdkj dh lokZsPp
iqjLdkj ;kstuk ^jktHkk"kk dhfrZ 'khYM* 'kkfey gSA blds vfrfjÙkQ]
ns'k ds fofHkUu LFkkuksa esa xfBr uxj jktHkk"kk dk;kZUo;u lfefr;ksa
rFkk vU; xSj ljdkjh laxBuksa us Hkh cSad dks ^d* {ks=k esa 72
iqjLdkj] ^•* {ks=k esa 71 iqjLdkj vkSj ^x* {ks=k esa 27 iqjLdkj
çnku fd,A gekjs LVkiQ lnL;ksa us Hkh O;fÙkQxr :i ls 40 iqjLdkj
vftZr fd,A
vks- ih,uch dh vuq"kafx;ka vkSj {ks=kh; xzkeh.k cSad
,- ih,uch fxYV~l fyfeVsM
foÙkh; o"kZ*18 ds nkSjku daiuh dk djiwoZ ykHk `55-28 djksM+
jgkA Vªstjh fcyksa esa] daiuh us o"kZ ds iwokZ¼Z vkSj mÙkjk¼Z esa
Øe'k% 42-48» vkSj 40-91» dks vftZr djrs gq, 40» ds
çfrc¼rk vuqikr ls vfèkd dks çkIr fd;kA 31 ekpZ 2018
2 PNB Full AR 2017-18 7-68 130718.indd 17
FY’18 stood at ` 139 crore.
Forex: ([FKDQJH 3UR¿W LQFUHDVHG IURP ` 547 crore in
FY’17 to ` 724 crore in FY ’18 due to thrust on increasing
merchant turnover and volume, and also due to various
customer-centric initiatives.
M. Customer Care
During FY’18, the Bank introduced an On-line Grievance
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Grievance Redressal Management System (CGRMS).
Customers can lodge their requests/complaints in the
CGRMS through Bank’s website, Internet Banking Service,
Mobile Banking Service and Mobile App.
$OO &LUFOH 2I¿FHV DQG RYHU  6$3 HQDEOHG EUDQFKHV
are entered in CGRMS wherein the customer gets an
immediate automatic acknowledgement and can keep a
track of his complaint also.
y Customer Service Committees have been set up in
DOO WKH EUDQFKHV DQG &LUFOH 2I¿FHV WR ORRN LQWR WKH
quality of services rendered and to critically examine
the feedback/suggestions for improvement.
y 7KH %DQN KDV FRQVWLWXWHG WHDPV RI RI¿FLDOV DW
Customer Care Centre at various administrative
levels to pay incognito visit to branches to assess
their standard of service. During FY’18, 6695 such
visits were made across India and observations
RI WKH YLVLWLQJ RI¿FLDOV VKDUHG ZLWK WKH FRQFHUQHG
EUDQFK DQG WKH &LUFOH 2I¿FH IRU WDNLQJ FRUUHFWLYH
steps.
All 53,331 complaints (i.e. 315 complaints outstanding as
on 1.4.2017 and 53,016 complaints received during FY
’18), were redressed to the satisfaction of the complainants.
1862 complaints pending as on 31.03.2018 have since
been resolved.
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Government of India, Ministry of Home Affairs, Department
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excellent performance in the use of Hindi which includes
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RI *RYW RI ,QGLD ,Q DGGLWLRQ 7RZQ 2I¿FLDO /DQJXDJH
Implementation Committees situated in different locations
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O. PNB’s Subsidiaries and Regional Rural Banks
a. PNB Gilts Limited
7KH &RPSDQ\¶V 3UR¿W EHIRUH 7D[ VWRRG DW ` 55.28
crore during FY’18. In Treasury Bills, the Company
exceeded the committed ratio of 40%, achieving
42.48% and 40.91% in H1 and H2 respectively. The
17
13-Jul-18 4:27:13 PM
 dh fLFkfr ds vuqlkj] daiuh dk dqy VuZvksoj vuqikr
(f}rh;d cktkj) Vªstjh fcyksa ds fy, 83 xquk vkSj ljdkjh
fnukafdr çfrHkwfr;ksa ds fy, 284 xquk jgk tks vkjchvkbZ }kjk
U;wure Øe'k% 10 xquk vkSj 5 xquk fuèkkZfjr gSA
ch- iatkc uS'kuy cSad baVjus'kuy fyfeVsM
(ih,uchvkbZ,y)
foÙkh; o"kZ*18 ds fy, çkoèkku] dj o ykHkka'k iwoZ ifjpkyu
ykHk foÙkh; o"kZ*17 ds $18-80 fefy;u ls $6-87 fefy;u
?kVdj foÙkh; o"kZ*18 esa $11-93 fefy;u jg x;kA dqy vk;
$66-68 fefy;u ls $21-52 fefy;u (32-27») ?kVdj $45-
16 fefy;u jg xbZA fuoy C;kt vk; esa $4-51 fefy;u rFkk
fuoy O;kikfjd vk; esa $2-30 fefy;u dh deh vkbZA de
vk; ,oa ykxr esa ekewyh deh ds dkj.k ykxr vk; vuqikr
46-70» ls c<+dj 56-39» gks x;kA
Company’s total turnover ratio (secondary market)
stands at 83 times for treasury bills and 284 times for
government-dated securities as on March 31, 2018
against the minimum RBI stipulation of 10 times and
5 times respectively.
b. Punjab National Bank International Limited
(PNBIL)
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dividends for FY’18 decreased by $6.87 million to
$11.93 million in FY’18 from $18.80 million in FY’17.
The total income decreased by $21.52 million
(32.27%) from $ 66.68 million to $ 45.16 million. Net
Interest Income fell by $.4.51 million and Net trading
income by $ 2.30 million. The Cost to Income Ratio
increased to 56.39% from 46.70% due to lower
income and slight reduction in cost.

lh- iatkc uS'kuy cSad buosLVesaV lfoZlst fyfeVsM c. Punjab National Bank Investment Services
Limited (PNBISL)
(ih,uchvkbZ,l,y)
During the year ended as on 31st March’18, the
31 ekpZ*18 dks lekIr gq, o"kZ ds nkSjku] daiuh us `9-21 Company earned Fee Based Income of ` 6.00 crore
djksM+ dh dqy vk; ds lkFk ` 6-00 djksM+ dh 'kqYd with a total income of ` FURUH3UR¿WEHIRUH7D[
vkèkkfjr vk; vftZr dhA djiwoZ ykHk (ihchVh) foÙkh; (PBT) for FY’18 stood at ` 3.90 crore as against
o"kZ*17 ds `6-33 djksM+ dh rqyuk esa foÙkh; o"kZ*18 ds fy, `6.33 crore for FY ’17.
`3-90 djksM+ jgkA d. DRUK PNB Bank Ltd. Bhutan
Mh- Mªd ih,uch cSad fyfeVsM HkwVku Total Business of the Bank increased to ` 1726
cSad dk dqy dkjksckj fnukad 31-03-2017 ds `1435 djksM+ crore as on 31.03.2018 from `1435 crore as on
31.03.2017, showing a YoY growth of 20.23%.
ls c<+dj 20-23» dh o"kZ&nj&o"kZ o`f¼ n'kkZrs gq, fnukad
CASA Ratio of the Bank stood at 47.85% as on
31-03-2018 ij `1726 djksM+ gks x;kA fnukad 31-03-2018 31.03.2018. The Bank is currently operating with a
ij cSad dk dklk vuqikr 47-85» jgkA cSad orZeku esa 7 QHWZRUNRI%UDQFKHVDQG$70V3UR¿WRIWKH
'kk•kvksa vkSj 21 ,Vh,e ds usVodZ ds lkFk lsok,a çnku dj Bank increased from ` 17.62 crore during FY’17 to
jgk gSA cSad dk ykHk foÙkh; o"kZ*17 ds `17-62 djksM+ ls ` 18.99 crore during FY’18, showing a YoY growth
c<+dj foÙkh; o"kZ*18 ds nkSjku `18-99 djksM+ gks x;k] tks of 7.78%.
7-78» dh o"kZ&nj&o"kZ o`f¼ n'kkZrk gSA e. Regional Rural Banks (RRBs)
bZ- {ks=kh; xzkeh.k cSad (vkjvkjch) There are Five Regional Rural Banks which are
cSad ikap {ks=kh; xzkeh.k cSadksa dks çk;ksftr djrk gS vkSj çR;sd sponsored by the Bank and PNB’s proportion of
ownership is 35% in each RRB.
vkjvkjch esa ih,uch ds LokfeRo dk vuqikr 35» gSA
Performance of RRBs as on 31.03.2018
fnukad 31-03-2018 dh fLFkfr ij {ks=kh; xzkeh.k cSadksa
dk çn'kZu
(Amt. in ` crore)
(jkf'k ` djksM+ esa)
{ks=kh; xzkeh.k cSadksa dk 31 ekpZ*17 31 ekpZ*18 o"kZ&nj&o"kZ Performance of 31st 31st YoY
RRBs March’17 March’18 Growth%
çn'kZu (vadsf{kr) (vadsf{kr) o`f¼ »
(Audited) (Audited)
lexz tekjkf'k;ka 40092 44523 11.05
Aggregate Deposits 40092 44523 11.05
lexz vfxze 21791 25965 19.15
Aggregate Advances 21791 25965 19.15
lexz 'kq¼ ykHk 280 311 10.99
lhch,l ds varxZr 'kk•k,a 100% 100% $JJUHJDWH1HW3UR¿W 280 311 10.99
çfr deZpkjh ykHk 3.13 3.19 1.99 Branches under CBS 100% 100%
(`yk•) 3UR¿W3HU(PSOR\HH 3.13 3.19 1.99
gkfu esa pyus okyh 127 59 (` lakh)
'kk•kvksa dh la[;k (12 No. of Loss Making 127 59
ekg ;k blls vfèkd Branches (being 12
month old or more)
iqjkuh)

18

2 PNB Full AR 2017-18 7-68 130718.indd 18 13-Jul-18 4:27:13 PM

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dbZ mik;ksa dh ?kks"k.kk dh xbZA
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gqbZA ljdkj vkSj fofu;ked us Rofjr lekèkku ij tksj nsrs gq,
fnokfy;kiu rFkk ½.k'kksèku v{kerk lafgrk (vkbZchlh) ds
rgr nckoxzLr vkfLr;ksa ls fuiVus ij Hkh è;ku dsafær fd;kA
dbZ varjjk"Vªh; ,tsafl;ksa us mRikndrk c<+kus o futh fuos'k dks
çksRlkfgr djus ds mís'; ls vkjaHk fd, x, lajpukRed lqèkkjksa ds
fujarj dk;kZUo;u ls o`f¼ esa c<+ksÙkjh gksus ds lkFk Hkkjrh; vFkZO;oLFkk
gsrq n`f"Vdks.k vuqdwy jgus dk vuqeku yxk;k gSA foÙkh; {ks=k rFkk
okLrfod vFkZO;oLFkk ds chp etcwr lgc¼rk dks ns•rs gq, ;g
Hkkjrh; cSafdax {ks=k ds fy, Hkh 'kqHk ladsr nsrk gSA
iquiZwathdj.k ;kstuk rFkk dsaæh; ctV dh ?kks"k.kkvksa lfgr fofHkUu
lqèkkj mik;ksa us tokcnsg rFkk ftEesnkj cSafdax dh fn'kk esa ^laofèkZr
igq¡p vkSj lsok mRÑ"Vrk dk;ZØe (bZ,,lbZ)* ds fy, foLr`r
:ijs•k fuèkkZfjr dh gSA cSad us O;kikfjd mRÑ"Vrk ds fy, yksxksa]
çfØ;kvksa ,oa mRiknksa esa cnyko ykus okyh ¶fe'ku ifjorZu¸
uked çfØ;k dk vkjaHk fd;k gS] ftlesa csgrj igqap] n{krk vkSj
mRikndrk ds ekè;e ls vfèkd ykHkçnrk ij tksj nsus okys nl
iQksdl {ks=k 'kkfey gSaA
cSad vius fo'kky vkdkj] O;kid forj.k usVodZ vkSj fMftVyhdj.k
dh fn'kk esa etcwr çokg ds lkFk vFkZO;oLFkk esa ekStwn o`f¼ ds
voljksa dk ykHk mBkus dh vPNh fLFkfr esa gSA orZeku ifjfLFkfr;ksa esa]
cSad ,sls lek;kstuksa ij è;ku dsafær dj jgk gS tks tksf•e çcaèku dks
csgrj cukus rFkk tokcnsgh o ykHkçnrk dks c<+kus ds fy, vuqdwy gSaA
cSad viuh vkarfjd çfØ;kvksa dh Hkh jh&bathfu;fjax dj jgk gS vkSj
mUgsa vfèkd dq'ky] lqn`<+ ,oa vfHkuo çkS|ksfxdh mUufr ij vkèkkfjr
cuk jgk gS ftlls xzkgdksa dks csgrj vuqHko çkIr gksxkA
vxys o"kZ dh dkjksckjh j.kuhfr iwath laj{k.k ds lkFk dkjksckj esa
o`f¼ çkIr djus ij vkèkkfjr gksxhA •qnjk ½.kksa esa o`f¼] olwyh]
iksVZiQksfy;ks ds eaFku vkSj xq.koÙkkiw.kZ vkfLr;ksa ij è;ku dsafær djrs
gq, buds ekè;e ls iwath laj{k.k ij cy fn;k tk,xkA cSad dh
2 PNB Full AR 2017-18 7-68 130718.indd 19
P. Awards and Accolades
The Bank won many prestigious awards from prestigious
domestic and overseas institutions, prominent ones being,
Dun & Bradstreet Banking Awards 2017 for Best Public
Sector Bank under Government Scheme participation-
Pradhan Mantri Mudra Yojana (PMMY) and National
Award in SHG-Bank Linkage for the year 2016-17 under
Large Category Bank by Ministry of Rural Development,
Govt. of India.
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Banks and 2nd place amongst Public Sector Banks (PSBs)
with overall rank at 191st amongst Top 1000 World Banks
by ‘The Banker’ in 2017.
Q. Future Business Plan of the Bank
The FY’18 was a year of reforms and revival. On the
economic front, global conditions improved while the Indian
economy showed signs of greater growth momentum in
the second half of FY ’18. On the banking front, a host of
measures were announced to revamp the Indian banking
model.
The reform process in the banking sector started with the
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crore for Public Sector Banks (PSBs). The Government
and the Regulator also focussed on tackling the stressed
assets under the Insolvency & Bankruptcy Code (IBC)
with emphasis on quick resolution.
Many international agencies have forecast a favourable
outlook for the Indian Economy with improved growth on
the back of continued implementation of structural reforms
that aim at raising productivity and incentivising private
investment. This augurs well for the Indian banking sector
FRQVLGHULQJ WKH VWURQJ OLQNDJHV EHWZHHQ WKH ¿QDQFLDO
sector and the real economy.
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plan and announcements in the Union Budget have set
detailed contours for ‘Enhanced Access and Services
Excellence (EASE)’ towards responsive and responsible
banking. The Bank launched “MISSION PARIVARTAN” a
People, Processes & Products transformation exercise
for business excellence encompassing ten focus areas
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and strong push towards digitalisation is well positioned
to take advantage of the growth opportunities across the
economy. Under the present circumstances, the Bank is
focusing on adjustments that are conducive to improving
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The Bank is also re-engineering its internal processes,
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on innovative technology advancements to enhance
customers’ experience.
The Business Strategy for next year will be based upon
'Business Growth with capital conservation'. The thrust
will be on conservation of Capital through focus on Retail
Credit growth, recovery, churning of portfolio and increasing
19
13-Jul-18 4:27:13 PM
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dks xzkeh.k foÙkiks"k.k ds fy, yf{kr fd;k tk,xkA xzkeh.k ½.k Ñf"k
dk foÙkiks"k.k djus ds lkFk&lkFk xzkeh.k •qnjk laoxZ esa Hkh volj
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vkus okys le; esa] cSad vkfLr xq.koÙkk lacaèkh fparkvksa dk lkeuk
djus vkSj ½.k o`f¼ dks iqu% cy çnku djus ds fy, vius rqyu i=k
dks lqn`<+ djus gsrq vius lesfdr ç;kl tkjh j•sxkA cSad çfrLièkhZ
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ç.kkfy;ksa dks etcwr djus ij Hkh è;ku dsafær j•sxkA lkFk gh] cSad
yf{kr j.kuhfrd igyksa ds ekè;e ls fMftVyhdj.k dks c<+kok nsus]
çkS|ksfxdh&l{ke foÙkh; uokpkjksa dk çcaèku djus vkSj lkbcj lqj{kk
tksf•eksa ls fuiVus gsrq ç;kljr jgsxkA ;s dk;Z fgrèkkjdksa dks Bksl o
fVdkÅ rjhds ls csgrj çfriQy nsus dh iwokZo';drk gSaA
vkj- funs'kd eaMy
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'kkfey FksA
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vuarlqcze.;u ds LFkku ij cSad ds çcaèk funs'kd ,oa lhbZvks
ds :i esa fu;qÙkQ fd;k x;kA mUgksaus fnukad 05-05-2017 dks
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lhbZvks ds :i esa fu;qÙkQ gksus ds dkj.k fnukad 05-05-2017
dks cSad dh çcaèk funs'kd ,oa lhbZvks ds in ls dk;ZeqÙkQ gqbZaA
y MkW jke ,l laxkiwjs us fnukad 28-02-2018 dks dk;Zikyd
funs'kd ds :i esa viuk dk;Zdky iwjk fd;k vkSj vfèkof"kZrk
dh vk;q çkIr djus ij dk;ZeqÙkQ gq,A
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funs'kd eaMy esa dk;Zikyd funs'kd ds :i esa fu;qÙkQ fd;k
x;kA
y Jh jfo feÙky dks Jh vfuy dqekj •kph ds LFkku ij fnukad
04-07-2017 ls cSad ds funs'kd eaMy esa Hkkjr ljdkj ds
ukfer funs'kd ds :i esa fu;qÙkQ fd;k x;kA Jh vfuy dqekj
•kph fnukad 04-07-2017 dks funs'kd ds in ls dk;ZeqÙkQ gq,A
y Jh lat; oekZ dks fnukad 15-06-2017 ls rhu o"kZ dh vofèk
ds fy, cSad ds funs'kd eaMy esa 'ks;jèkkjd funs'kd ds :i
esa fuokZfpr fd;k x;kA
funs'kd eaMy iwoZ çcaèk funs'kd ,oa lhbZvks Jherh m"kk vuarlqcze.;u]
iwoZ dk;Zikyd funs'kd MkW jke ,l laxkiwjs rFkk Hkkjr ljdkj ds iwoZ
ukfer funs'kd Jh vfuy dqekj •kph }kjk fd, x, cgqewY; ;ksxnku
ds fy, mudh ljkguk djrk gSA
20
2 PNB Full AR 2017-18 7-68 130718.indd 20
quality assets. Nearly 63% of the bank branches are in
rural and semi-urban areas and with the rural consumption
story being robust Tier 3 and Tier 4 cities will be targeted
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ERWK$JUL¿QDQFLQJDQGLQUXUDOUHWDLOVHJPHQWV
Going forward, the Bank will continue its concerted efforts
in addressing the asset quality concerns and strengthening
its balance sheet to reinvigorate credit growth. The Bank
will also maintain focus on strengthening supervisory,
monitoring and audit systems besides nurturing
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promoting digitalisation, managing technology-enabled
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risks through targeted strategic initiatives. These actions
are the prerequisite for delivering better returns to the
stakeholders, in a tangible and sustainable way.
R. Board Of Directors
As on 31st March 2018, there were 11 Directors including
4 whole time Directors i.e. One Managing Director & CEO
and three Executive Directors as on 31.03.2018.
During FY’18, the following changes took place in the
composition of Board of Directors:
y Shri Sunil Mehta was appointed as Managing
Director & CEO of the Bank w.e.f. 05.05.2017
in place of Smt. Usha Ananthasubramanian. He
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y 6PW 8VKD $QDQWKDVXEUDPDQLDQ GHPLWWHG RI¿FH RI
Managing Director & CEO on 05.05.2017 on account
of her appointment as Managing Director & CEO in
Allahabad Bank.
y Dr. Ram S. Sangapure completed his tenure as
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the age of superannuation on 28.02.2018.
y Shri Lingam Venkata Prabhakar was appointed
as Executive Director on Board of the Bank w.e.f.
01.03.2018.
y Shri Ravi Mital was appointed as Government
Nominee Director on the Board of the Bank w.e.f.
04.07.2017 in place of Shri Anil Kumar Khachi who
ceased to be Director from 04.07.2017.
y Shri Sanjay Verma was elected as Shareholders’
Director on the Board of the Bank for a period of
three years w.e.f.15.06.2017.
The Board wishes to place on record its appreciation
for the valuable contribution made by Smt. Usha
Ananthasubramanian, Managing Director & CEO, Dr. Ram
S Sangapure, Executive Director and Shri Anil Kumar
Khachi, Government Nominee Director.
13-Jul-18 4:27:13 PM
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fd;k x;k gSA
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ljdkj] Hkkjrh; fjtoZ cSad] Hkkjrh; çfrHkwfr ,oa fofue; cksMZ] LVkWd
,Dlpsatksa] cSad ds xzkgdksa] vke turk rFkk 'ks;jèkkjdksa ds çfr vkHkkj
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;ksxnku gsrq funs'kd eaMy mudh ç'kalk djrk gS rFkk Hkkoh y{;ksa dks
çkIr djus esa mudh vuojr lgHkkfxrk dh vk'kk djrk gSA
funs'kd eaMy ds fy, vkSj mudh vksj ls
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2 PNB Full AR 2017-18 7-68 130718.indd 21
Directors’ Responsibility Statement
7KH'LUHFWRUVFRQ¿UPWKDWLQWKHSUHSDUDWLRQRIWKHDQQXDO
accounts for the year ended 31st March’18:
y The applicable Accounting Standards have been
followed alongwith proper explanation relating to
material departures, if any;
y The accounting policies, framed in accordance with
the guidelines of the Reserve Bank of India, were
consistently applied;
y Reasonable and prudent judgment and estimates
were made so as to give a true and fair view of the
VWDWHRIDIIDLUVRIWKH%DQNDWWKHHQGRIWKH¿QDQFLDO
\HDUDQGRIWKHSUR¿WRIWKH%DQNIRUWKH\HDUHQGHG
31st March’18;
y 3URSHU DQG VXI¿FLHQW FDUH ZDV WDNHQ IRU WKH
maintenance of adequate accounting records in
accordance with the provisions of applicable laws
governing banks in India, and;
y The accounts have been prepared on the principle of
“going concern” basis.
Acknowledgement
The Board expresses thanks to the Government of India,
Reserve Bank of India, Securities and Exchange Board of
India, Stock Exchanges, Bank’s customers, public and the
shareholders for valuable support, continued patronage
DQGFRQ¿GHQFHUHSRVHGLQWKH%DQN
The Board wishes to place on record its appreciation for the
valuable contribution made by the members of the Bank’s
staff at all levels and looks forward to their continued
involvement in achieving the future goals.
For and on behalf of Board of Directors
Sunil Mehta
Managing Director & CEO
21
13-Jul-18 4:27:14 PM
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MANAGEMENT DISCUSSION & ANALYSIS
a. Industry Structure & Developments
Indian banking industry comprises of Commercial Banks
(Public Sector, Private Sector, and Foreign Banks),
Co-operative Banks and Regional Rural Banks. With
differentiated banks such as Small Finance Banks and
Payment Banks commencing operations in FY’17, the
Reserve Bank of India (RBI) has started exploring the
scope for setting up Wholesale and Long Term Finance
Banks focused primarily on lending to infrastructure sector
and small, medium and corporate business.
Although amongst the fastest growing large economies of
the world, the Indian economy slowed down in Q1 FY ’18
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and the transitory impact of the implementation of the
Goods and Services tax (GST) from July 2017. After
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Q2 FY’18 and Q3 FY’18 to 6.5% and 7.2% respectively.
The Banking Regulation Act was amended under the
provisions of the Insolvency and Bankruptcy Code, 2016,
conferring powers upon the Central Government for
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banking company to initiate steps in respect of a default.
All the earlier schemes and guidelines pertaining to the
Resolution of Stressed Assets were withdrawn. Under
IBC, NPA Accounts of ` 20 billion and above would be
given a 180-day time plan for resolution while others
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resolved in accordance with the Board approved policies.
As a result, the Internal Advisory Committee of the
RBI referred 41 accounts in 2 tranches to the National
Company Law Tribunal.
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economy, the country leaped forward by 30 spots to land
at 100th rank in World Bank’s Ease of Doing Business
Index. Credit Rating Company, Moody’s also upgraded
India’s Sovereign Rating to Baa2 from Baa3.
The Government announced a `WULOOLRQUHFDSLWDOL]DWLRQ
package for Public Sector Banks (PSBs) to strengthen
their Balance Sheets. To ensure that this translates
into economic returns, a reform agenda, Enhanced
Access & Service Excellence (EASE) for Responsive
& Responsible PSBs and an item-wise time frame for its
implementation was introduced. This reform agenda is
based on Six Broad Themes divided into Thirty Action
Points further comprising of Sixty two items. Capital
infusion, as announced by the Government of India, would
depend upon banks committing to the reforms and their
performance on this reform agenda.
The economy is back on track with revival signs visible in
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in capital goods production, rising imports and improved
global demand. Credit off-take has picked up and there is
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vfèkd tqrkbZ tk jgh gSaA fcx MsVk] vkfVZfiQf'k;y baVsfytsal (,vkbZ) XVHRI%LJ'DWD$UWL¿FLDO,QWHOOLJHQFH$,DQG5RERWLFVDUH
vkSj jkscksfVDl Hkkjrh; cSafdax ifjn`'; esa vkus okys u, ifjorZu gSaA the new evolution themes in the Indian banking landscape.
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22

2 PNB Full AR 2017-18 7-68 130718.indd 22 13-Jul-18 4:27:14 PM

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ifjis{k esa vDlj dfBu çrhr gksrh gSa ysfdu ;fn dksbZ cM+h lksp
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lkFk foÙkh; o"kZ*19 esa ½.k esa nksgjs vadksa dh o`f¼ gksuh vkjaHk gks
xbZ gSA fV;j&II vkSj fV;j&III 'kgjksa ij tksj nsus ds lkFk bu vfxzeksa
ij è;ku fn, tkus ls dkjksckj ds volj dks c<+k;k tk,xkA foÙkh;
o"kZ*19 dh vofèk cSafdax ç.kkyh esa fMftVy igyksa ds foLrkj
ds lkFk ifjorZu dk nkSj gksxkA tks tek o`f¼ dks c<+kus esa Hkh
egRoiw.kZ Hkwfedk fuHkk,xkA
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nksuksa esa xfr çkIr dh gS] rFkkfi foÙkh; cktkj vfLFkjrk rFkk
laHkkfor O;kikj ;q¼ •rjk iSnk djrs gSaA ?kjsyw i{k esa] iwoZoÙkhZ çeq•
lajpukRed igyksa ls fodkl çfØ;k dks lqn`<+ djus dh laHkkouk
gSA vkS|ksfxd mRiknu ,oa fuos'k O;; esa o`f¼ ls foÙkh; o"kZ*19 esa
vFkZO;oLFkk dks c<+kok feysxkA ubZ fnokfy;k ,oa èku 'kksèku v{kerk
lafgrk (vkbZchlh)] cSad iquiZwathdj.k ;kstuk vkSj vkèkkjHkwr lajpuk
due to rising oil prices which could adversely impact the
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Another pressing concern for the Indian economy in general
and Indian banking in particular are the recent fraud cases
surfacing before the industry. This has raised concerns on
risk management and fraud detection practices.
The Banking landscape is fast evolving and overcoming
various challenges. The challenges facing the banking
industry can often appear daunting when viewed as a
whole but can offer various opportunities if one thinks big
and acts swiftly. The key to delivering success is to dissect
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into a number of small steps.
With the introduction of the new framework, Non Performing
Assets after an initial increase are expected to steadily go
down. The key monitorables in FY’19 will be growth in
credit and exports, corporate leverage, recoveries and the
stressed assets resolution.
b. Opportunities and Threats
Credit which has started picking up is likely to see double
digit growth in FY’19 with maximum growth coming from
Small Ticket Advances. Focus on these advances with a
thrust on Tier-II and Tier-III cities will enhance business
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in the banking system, which will also be instrumental in
enhancing deposits growth.
The Global economic activity has gathered momentum,
both in advanced and emerging market economies, though
¿QDQFLDOPDUNHWYRODWLOLW\DQGSRWHQWLDOWUDGHZDUVSRVHD
threat. On the domestic front, the key structural initiatives
which were taken in the past are likely to strengthen the
growth process. An uptick in industrial production and
investment spending is likely to propel the economy
forward in FY’19. The new Insolvency and Bankruptcy
ds çfr ljdkj ds ç;kl fuos'k dh ekax vkSj ½.k o`f¼ esa ldkjkRed
çHkko gksus pkfg,A lkFk gh] cSafdax ç.kkyh dks lqn`<+ djus ds ç;kl
,oa fujarj dkWikZsjsV ykHk mBkus ls futh fuos'k dks lqn`<+ djus dh
mEehn gSA
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cktkj lqèkkjksa] iQly chek] vkSj flapkbZ rFkk yksftfLVd esa fuos'k
lfgr xzkeh.k vk; esa Hkh o`f¼ djuk gSA Ñ"kdksa ds fy, vfèkd
Ø; 'kfÙkQ rFkk etcwr xzkeh.k etnwjh xzkeh.k miHkksx ds fy, vPNh
laHkkouk,a fn•rh gSaA ,e,l,ebZ] Ñf"k vkSj •qnjk vfxzeksa ds rgr
½.k o`f¼ ds fy, vFkZO;oLFkk esa iqu#¼kj ds lkFk csgrj volj
gksaxsA
rFkkfi] ?kjsyw ekspZs ij] eqækLiQhfr ncko c<+us ls] mPp jktdks"kh;
?kkVs ds lkFk&lkFk c<+rs ½.k Hkkj ls vkSj ½.k ,oa lexz fodkl
ij cSafdax {ks=k ds èkks•kèkM+h ds laHkkfor udkjkRed çHkko ds dkj.k
vkarfjd :i ls vèkksxkeh tksf•e mRiUu gks ldrs gSaA oSf'od Lrj
ij O;kikj ruko] HkwxHkhZ; vfuf'prrk vkSj iQsM nj esa o`f¼ dqN vU;
tksf•e dkjd gSaA
2 PNB Full AR 2017-18 7-68 130718.indd 23
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push in infrastructure sector should have a positive impact
on investment demand and credit growth. Further, efforts
to strengthen the banking system and continued corporate
deleveraging is expected to bolster private investment.
Union Budget policy announcements also are aimed
at spurring rural incomes with higher food procurement
prices, agriculture market reforms, crop insurance, and
investment in irrigation and logistics. More purchasing
power with the farmers and stronger rural wages augur
well for rural consumption. With the revival in the economy,
there will be better opportunities for credit growth under
MSME, Agriculture and Retail Advances.
However, on the domestic front, downside risks may
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potential negative impact of the banking sector frauds on
credit and overall growth. Globally, rising trade tensions,
geopolitical uncertainty and increase in Fed rate are some
of the other risk factors.
23
13-Jul-18 4:27:14 PM
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iks"k.k ds fy, fV;j&3 vkSj fV;j&4 'kgjksa esa xzkeh.k ,oa vèkZ 'kgjh
'kk•kvksa dk ykHk mBkus ls dkjksckj esa fodkl gksxkA xzkeh.k ½.k Ñf"k
foÙkiks"k.k vkSj xzkeh.k •qnjk •aMksa esa volj çnku djsxkA
cSadksa ds fy, mèkkj nsus ds lkFk&lkFk vFkZO;oLFkk esa fodkl dks
c<+kok nsus ds fy, NksVs jkf'k ds vfxze O;kogkfjd fodYi cus jgs
gSaA Ñf"k vfxzeksa] ,e,l,ebZ vfxzeksa vkSj •qnjk ½.k ij è;ku fn;k
tk,xkA Ñf"k foÙkiks"k.k ds fy, Ñf"k fuos'k ½.k] mPp&ewY; lac¼
xfrfofèk foÙkiks"k.k ,oa lqn`<+rk rFkk fo'ks"k Ñf"k&foÙk 'kk•kvksa ds
iqufuZekZ.k ij vfèkd è;ku nsuk gksxkA ,e,l,ebZ ½.k nsus ds fy,]
DyLVj vkèkkfjr foÙkiks"k.k dks c<+kok fn;k tk,xk] çfØ;k Lopkfyr
dh tk,xh vkSj vko';drk vkèkkfjr vFkok vko';drkuqlkj mRikn
le;&le; ij vkjaHk fd, tk,axsA ,e,l,ebZ vfxze ds fy, 'kk•k,a
fof'k"V {ks=k esa laHkkfor {ks=kksa ij è;ku dsafær djsaxhA fMftVyhÑr
vuqdwfyr mRiknksa ij vfèkd ykHk ysuk •qnjk iksVZiQksfy;ks c<+kus dh
j.kuhfr gksxhA lkFk gh] ekStwnk xzkgdksa ds fy, çfr&foØ; ij Hkh
è;ku dsafær fd;k tk,xkA
iwath fuekZ.k ds lkFk iwath laj{k.k Hkh egRoiw.kZ gS rFkk ,ulh,yVh
•krksa esa rsth ls lekèkku ds fy, •qnjk ½.k o`f¼ ij è;ku dsfUær
djuk rFkk xq.koÙkk vkfLr;ksa dks c<+kuk eq[; è;ku fn, tkus okys
{ks=k gksaxsA mPp ,uih, ds lekèkku ds fy,] lHkh Lrjksa ij çHkkoh
mi;ksx ds fy, ,dhÑr iwoZ&LohÑfr fuxjkuh midj.k dk çHkkoh
<ax ls mi;ksx fd;k tk,xk rkfd bu mik;ksa }kjk mèkkj •krksa dh
detksfj;ksa dks le; ij le>k tk ldsA lkFk gh] dk;Z{kerk dks
c<+kus ds fy, lksflZax vkSj ½.kksa dh çkjfEHkd leqfpr lkoèkkuh
vkSj budk çlaLdj.k] fuxjkuh rFkk olwyh tSls fofHkUu vk;keksa dks
viuk;k tkuk pkfg,A
lh- •aM&okj vFkok mRikn&okj dk;Zfu"iknu
cSad ds dqN çeq• dkjksckjh {ks=kksa ds fo'ys"k.k uhps fn, x, gSa %
i. lalkèku laxzg.k
cSad dh dqy tekjkf'k;ksa esa 3-3» dh o"kZ&nj&o"kZ o`f¼ ds lkFk
ekpZ*18 ds var rd ` 6]42]226 djksM+ dh o`f¼ gqbZA ?kjsyw
tekjkf'k;ksa esa dklk tekjkf'k;ksa dh fgLlsnkjh 43-85» jghA
le;iwoZ vkgj.k dh lqfoèkk ds fodYi ds fcuk] ysfdu C;kt dh
ojh;rk nj ds lkFk ih,uch mÙke ,d ubZ lkofèk tek ;kstuk vkjaHk
dh xbZA 31-03-2018 rd ;kstuk ds rgr `4]666 djksM+ tqVk,
x, FksA çfrLièkhZ cus jgus vkSj ykHkdkjh osru •krksa dh •jhn ds
fy,] pkj u, osru •krs ;kstuk vFkkZr lkekU;] xksYM] çhfe;e vkSj
IySfVue dk vkjaHk fd;k x;kA 31-03-18 rd •ksys x, ,sls •krksa dh
la[;k 66141 Fkh] ftlus 89 djksM+ #i;s tqVk,A
ii. ½.k fofu;kstu ,oa forj.k
cSad ds fuoy vfxze esa ekpZ*17 ds 3-4» dh o"kZ&nj&o"kZ dh o`f¼
ds lkFk `419493 djksM+ ls ekpZ*18 esa `433735 djksM+ dh o`f¼
gqbZA ekpZ*18 esa lekIr gq, o"kZ gsrq cSad dk vfxzeksa ij çfriQy
7-49» jgkA
y?kq m|ksx (,l,lvkbZ) vkSj xSj&,l,lvkbZ Js.kh ls lacafèkr
24
2 PNB Full AR 2017-18 7-68 130718.indd 24
The Bank was able to keep its growth story intact despite the
challenges and was able to cross the new landmark of ` 10
lakh crore in Gross Domestic Business. The focus in FY’19
will be on ‘Business Growth with Capital Conservation’.
Business growth will come from leveraging Rural and Semi
Urban (RuSu) branches in Tier 3 and Tier 4 cities for rural
¿QDQFLQJ 5XUDO FUHGLW ZLOO SURYLGH RSSRUWXQLWLHV LQ ERWK
$JULFXOWXUH¿QDQFLQJDQGLQUXUDOUHWDLOVHJPHQWV
Small Ticket Advances continue to be a practical alternative
for the banks to push lending as well as to fuel growth in the
economy. Focus will be on Agriculture advances, MSME
DGYDQFHVDQG5HWDLOORDQV)RU$JULFXOWXUH¿QDQFLQJIRFXV
shall be more on agriculture investment credit, hi-value
DOOLHGDFWLYLW\¿QDQFLQJDQGVWUHQJWKHQLQJDQGUHYDPSLQJRI
VSHFLDO$JULFXOWXUH¿QDQFHEUDQFKHV)RU060(OHQGLQJ
FOXVWHU EDVHG ¿QDQFLQJ ZLOO EH SURPRWHG WKH SURFHVVHV
will be automated and need-based & tailor-made products
will continue to be launched from time to time. Branches
ZLOOIRFXVRQSRWHQWLDODUHDVLQDVSHFL¿FUHJLRQIRU060(
DGYDQFHV /HYHUDJLQJ PRUH RQ GLJLWDOL]HG FXVWRPL]HG
products will be the strategy to increase the retail portfolio.
Further, cross selling to the existing customers will also be
focused upon.
Along with generation of capital, conservation of capital is
equally important and for this, faster resolution in NCLT
accounts, focus on Retail Credit growth and increasing
quality assets will be the focus areas. For resolution of high
NPAs, post-sanction monitoring tools will be integrated
IRUHIIHFWLYHXWLOL]DWLRQDWDOOOHYHOVVRWKDWZHDNQHVVHVRI
borrowal accounts are captured timely. Further, different
verticals have been set up for sourcing and initial due
diligence of loans and their processing, monitoring and
UHFRYHU\IRUHQKDQFHGHI¿FLHQF\
c. Segment-wise or Product wise Performance
The performance of some of the major business segments
RIWKH%DQNLVDQDO\]HGEHORZ
i. Resource Mobilization
The Total deposits of the Bank increased to ` 6,42,226
crore as at the end of Mar’18 with a YoY growth of 3.3%.
The share of CASA deposits in Domestic Deposits stood
at 43.85%.
A new Fixed Deposits scheme PNB UTTAM was introduced
without the option of premature withdrawal facility but with
preferential rate of interest. As on 31.03.18, ` 4,666 crore
ZDV PRELOL]HG XQGHU WKH VFKHPH 7R UHPDLQ FRPSHWLWLYH
and procure remunerative salary accounts, four new
6DODU\ $FFRXQWV 6FKHPHV YL] 1RUPDO *ROG 3UHPLXP
and Platinum were introduced. Till 31.03.18, the number of
VXFKDFFRXQWVRSHQHGZDVPRELOL]LQJ` 89 crore.
ii. Credit Deployment and Delivery
Net Advances of the Bank increased to ` 4,33,735 crore
in March’18 from ` 4,19,493 crore in March’17 with a YoY
growth of 3.4%. Yield on Advances of the Bank stood at
7.49% for the year ended March’18.
The Bank has 442 accounts under Technology Upgradation
13-Jul-18 4:27:14 PM
 çkS|ksfxdh mUu;u fufèk ;kstuk (Vh;w,iQ,l) ds varxZr cSad esa
yxHkx 442 •krs gSaA foÙkh; o"kZ*18 ds nkSjku] cSad dks VsDlVkby
ea=kky; (,evksVh)ls `90-56 djksM+ dh Vh;w,iQ,l lfClMh çkIr gqbZ
gS rFkk bls ik=k mèkkjdrkZvksa esa forfjr fd;k x;k gSA
iii. ½.k lewgu
Fund Scheme (TUFS) pertaining to Small Scale Industry
(SSI) and Non-SSI category. During FY’18 the Bank
received TUFS subsidy amounting to ` 90.56 crore from
Ministry of Textile (MOT) and the same was disbursed to
the eligible borrowers.
iii. Loan Syndication

foÙkh; o"kZ*18 ds nkSjku] cSad us `15773 djksM+ ds dqy ½.kksa ds
lewgu@ewY;kadu gsrq eatwjh nh ftlesa ih,uch dk fgLlk `3869 djksM+
FkkA lkFk gh rduhdh çdks"B us `2692-28 djksM+ ds dqy ½.kksa ds
rduhdh vkfFkZd O;ogk;Zrk (VhbZoh) vè;;u dk lapkyu fd;k
ftlesa ih,uch dk fgLlk `2081-63 djksM+ FkkA foÙkh; o"kZ*18 ds
nkSjku rduhdh çdks"B }kjk lapkfyr VhbZoh vè;;uksa ls dqy vk;
rFkk dkWjiksjsV ekdZsfVax ,aM flafMds'ku çdks"B }kjk ifj;kstukvksa dk
lewgu `16-81 djksM+ ntZ dh xbZA
During FY’18, the Bank gave approvals for Syndication/
Appraisal of debt aggregating ` 15,773 crore with
PNB’s share being ` 3869 crore. Further, Technical Cell
conducted Techno Economic Viability (TEV) Study of
debt aggregating ` 2692.28 crore where PNB’s share was
` 2081.63 crore. Total Income booked out of TEV Studies
conducted by Technical Cell during FY’18 and projects
being syndicated by Corporate Marketing & Syndication
Cell stood at ` 16.81 crore.

iv. •qnjk ½.k iv. Retail Credit

•qnjk vfxze cSad dk çeq• {ks=k cuk jgsxkA foÙkh; o"kZ*18 esa] cSad Retail Advances continue to remain the thrust area of the
ds dqy •qnjk ½.k esa chrs o"kZ 14-15» dh rqyuk esa o"kZ&nj&o"kZ Bank. In FY’18, Total Retail credit of the Bank increased to
` 76,188 crore from ` 65,982 crore in FY’17 registering a
15-47» dh o`f¼ dks ntZ djrs gq, foÙkh; o"kZ*17 ds `65982 djksM+ YoY growth of 15.47% against 14.15% in the previous year.
ls `76188 djksM+ dh o`f¼ gqbZA vkokl] okgu vkSj f'k{kk {ks=k ds The YoY growth under Housing, Vehicle and Education
varxZr Øe'k% 17»] 9» vkSj 13» dh o`f¼ gqbZA isa'kujksa ds ½.k esa was 17%, 9% and 13% respectively. YoY growth in loan to
chrs o"kZ 18-82» dh rqyuk esa 22-14» dh o`f¼ gqbZA pensioners was 22.14% as against 18.82% in the previous
year.
foÙkh; o"kZ*18 ds nkSjku] cSad us ih,uch esDl lsoj ;kstuk vkjaHk During FY’18, the Bank introduced PNB MAX SAVER
dh gS tks vksojMªkÝV ds :i esa vkokl ½.k çnku djrk gS tgka scheme which offers housing loan in the form of overdraft
mèkkjdrkZ vius vfèk'ks"k fufèk j• ldrk gS vkSj C;kt dk Hkkj de where borrowers can park their surplus fund and reduce
djrk gSA f'k{kk ½.k ds varxZr u, xq.koÙkk dkjksckj lafpr djus ds interest burden. To garner fresh, quality business
under Education Loans, E-Post Graduate Programme
fy,] bafM;u baLVhVÔwV vkWiQ eSustesaV (vkbZvkbZ,e) }kjk nh xbZ nwjLFk in Management for executives, entrepreneurs and
f'k{kk fofèk ds rgr dk;Zikydksa] m|fe;ksa rFkk O;kolkf;;ksa ds fy, professionals under Distance learning mode offered by
bZ&iksLV xzstq,V çksxzke dks ih,uch çfrHkk ds rgr 'kkfey fd;k x;k Indian Institute of Management (IIM) has been included
gSA ½.k ij csgrj fu;a=k.k ds fy, bZ&osnk vkjEHk fd;k x;k Fkk tks under PNB PRATIBHA. To have a better control on
dk;kZsrj LohÑfr] ½.k çlaLdj.k vkSj nLrkosthdj.k ds iwoZ forj.k lending, e-Veda was introduced which is a process of post
sanction, pre disbursement validation of loan processing
lR;kiu dh çfØ;k gSA
and documentation.
v. çkFkfedrk {ks=k v. Priority Sector
1- jk"Vªh; y{;ksa dh çkfIr% cSad fujarj fiNys 3 o"kks± ls çkFkfedrk 1. National Goals Achievement: The Bank has
{ks=k] Ñf"k rFkk vU; mi{ks=kksa (y?kq ½.k dks NksM+dj) ds been achieving the National Goals under Priority
varxZr jk"Vªh; y{;ksa dks çkIr dj jgk gSA çkfIr;ka fuEukuqlkj Sector, Agriculture and other sub-sectors (except
Micro credit) continuously for past 3 years. The
gSa%&
achievements stand as under:-
jk"Vªh; y{;ksa dh çkfIr (=kSekfld okf"kZd vkSlr Achievement Of National Goals (Quarterly Annual
vkèkkj ij) Average Basis)
,,uchlh dk » y{; ekpZ 31] ekpZ 31] ekpZ 31] % age to ANBC Target Mar 31, Mar 31, Mar 31,
2016 2017 2018* 2016 2017 2018*
çkFkfedrk {ks=k ½.k 40 40.75 40.35 40.94 Priority Sector 40 40.75 40.35 40.94
ftuesa ls% Credit
18 18.32 18.64 18.49 Of which:
Ñf"k {ks=k
10 10.08 10.67 11.26 Agriculture Sector 18 18.32 18.64 18.49
detksj oxks± ds
Credit to Weaker 10 10.08 10.67 11.26
fy, ½.k Sections
efgyk ykHkkfFkZ;ksa 5 5.86 6.38 6.78
Credit to Women 5 5.86 6.38 6.78
dks ½.k %HQH¿FLDULHV
NksVs vkSj lhekar 8 8.49 8.96 8.86 Loan to Small & 8 8.49 8.96 8.86
fdlkuksa dks ½.k (7) Marginal Farmers (7)

25

2 PNB Full AR 2017-18 7-68 130718.indd 25 13-Jul-18 4:27:15 PM

 ,,uchlh dk » y{; ekpZ 31] ekpZ 31] ekpZ 31] % age to ANBC Target Mar 31, Mar 31, Mar 31,
2016 2017 2018* 2016 2017 2018*
7.5 6.50 6.37 7.65 Loan to Micro 7.5 6.50 6.37 7.65
lw{e m|e dks ½.k
(7) Enterprises (7)
*Quarterly annual average ANBC for the Financial Year 2017-18:
*foÙkh; o"kZ 2017&18 ds fy, =kSekfld okf"kZd vkSlr ,,uchlh% `364236-60 ` 364236.60 crore. All achievement is on the basis of quarterly annual average
djksM+A lHkh miyfCèk;ka =kSekfld okf"kZd vkSlr vkèkkj ij gSa rFkk `8340 djksM+ dh basis and after taking impact of sale of PSLC to the tune of ` 8340 Cr.

ih,l,ylh dh fcØh ds ckn dh gSaA

=kSekfld okf"kZd vkSlr vkèkkj ij jk"Vªh; y{; Øe'k% `1]45]695 On quarterly annual average basis the outstanding under
Priority Sectors as on 31st March 2018 is ` 1,69,772 crore
djksM+ rFkk `65]563 djksM+ dh rqyuk esa 31 ekpZ 2018 rd
and ` 69,207 crore under Agriculture against National Goal
çkFkfedrk {ks=k ds rgr cdk;k jkf'k `1]69]772 djksM+ rFkk Ñf"k ds of ` 1,45,695 crore and ` 65,563 crore respectively.
rgr `69]207 djksM+ gSA
31-03-2018 dks çkFkfedrk {ks=k] Ñf"k rFkk mi{ks=kksa dh cdk;k fLFkfr The outstanding position of Priority Sector, Agriculture and
Sub-sectors as on 31.03.2018 is as under:-
fuEukuqlkj gS%&
(jkf'k djksM+ esa) (Amt. in crore)
31.03.2016 31.03.2017 31.03.2018 Parameter 31.03.2016 31.03.2017 31.03.2018
139233 138452 169772 Priority Sector Credit 139233 138452 169772
çkFkfedrk {ks=k ½.k
Of which:
ftuesa ls
62604 66675 69207 Agriculture Sector 62604 66675 69207
Ñf"k {ks=k
62857 57099 84212 MSME (Priority) 62857 57099 84212
,e,l,ebZ çkFkfedrk)
13772 14678 16353 Others 13772 14678 16353
vU;
34451 39333 47329 Credit to Weaker 34451 39333 47329
detksj oxks± ds fy, Sections
½.k Credit to Women 20029 23317 26083
efgyk ykHkkfFkZ;ksa dks 20029 23317 26083 %HQH¿FLDULHV
½.k Loan to small & 29002 33040 34442
NksVs vkSj lhekar 29002 33040 34442 marginal farmers
fdlkuksa dks ½.k Loan to Micro 22222 22685 34475
lw{e m|e dks ½.k 22222 22685 34475 enterprises

foÙkh; o"kZ*18 ds çeq• dk;Zfu"iknu% Performance Highlights of FY’18:

9 cSad us `8340 djksM+ ds çkFkfedrk {ks=k ½.k çek.ki=k
dh fcØh dh ftuesa ls `4315 djksM+ ih,l,ylh&y?kq ,oa
ekftZuy fdlkuksa dh Js.kh ls Fks vkSj 'ks"k ih,l,ylh&lkekU;
dh Js.kh ls Fks rFkk `14-45 djksM+ dh vk; vftZr dh x;hA
9 y?kq •k| çlaLdj.k bdkb;ksa ds foÙk&iks"k.k ds fy,
ih,uch mRd"kZ ;kstuk% vko';drk vkèkkfjr lkofèk ½.k ;k
dk;Z'khy iwath ½.k `20 yk• rdA bl ;kstuk dks vlaxfBr
xzkeh.k •k| çlaLdj.k cktkj dks VSi djus ds fy, vkjaHk
fd;k x;k gS ftlesa LVªhV foØsrk Hkh 'kkfey gSA
9 iQly ½.k@dslhlh vkSj vU; Ñf"k ½.k gsrq `20 yk•
rd dh LohÑr lhek ds fy, Ñf"k vfxzeksa dh C;kt nj esa
la'kksèkuA
9 •k| vkSj Ñf"k çlaLdj.k bdkb;ksa dh lHkh Jsf.k;ksa ds
foÙkiks"k.k ds fy, ykxw nj ds 50» rd çlaLdj.k@vfxze
'kqYd esa NwVA
9 t;iqj ftyk nqXèk mRiknd lgdkjh la?k fyfeVsM] t;iqj
(t;iqj Ms;jh) ds lkFk VkbZ&vi O;oLFkkA
9 7KH %DQN VROG 3ULRULW\ 6HFWRU /HQGLQJ &HUWL¿FDWHV
to the tune of ` 8340 crore, out of which ` 4315
Crore was in the category of PSLC-Small & Marginal
Farmer and rest in the category of PSLC-General
and earned an income of ` 14.45 crore.
9 31%8WNDUVKVFKHPHIRU¿QDQFLQJWR6PDOO)RRG
Processing Units: a need based Term Loan or
Working Capital loan upto ` 20 lakh was launched to
WDSXQRUJDQL]HGUXUDOIRRGSURFHVVLQJPDUNHWZKLFK
includes street vendors.
9 Revision in rate of interest in Agriculture Advances
for sanctioned limit upto ` 20 Lakh for Crop Loans/
KCC and other agriculture loans.
9 Concession in processing/upfront fee upto 50% of
DSSOLFDEOHUDWHIRU¿QDQFLQJXQGHUDOOFDWHJRULHVRI
Food and Agro Processing Units.
9 Tie-up arrangement with Jaipur Zila Dugdh Utpadak
Sahkari Sangh Limited, Jaipur (Jaipur Dairy).

9 eS0@ VªSDVj çkbosV fyfeVsM ds lkFk le>kSrkA 9 Tie up agreement with M/s Preet Tractors Pvt. Ltd.

9 NÙkhlx<+ jkT; esa •k| vkSj Ñf"k vkèkkfjr m|ksxksa (jkbl 9 Concession in Performance BG commission from
'ksfYyax] fefyax] isîóh ickZsbfyax bR;kfn) ds fy, cSad xkjaVh present 0.50% per quarter to 0.30% per quarter in

26

2 PNB Full AR 2017-18 7-68 130718.indd 26 13-Jul-18 4:27:15 PM

 dh deh'ku esa orZeku ds 0-50» çfr frekgh ls 0-30» çfr
frekgh rd NwV nh xbZA
9 dslhlh lqfoèkk dk ykHk ysus okys fdlkuksa dks çèkkuea=kh lqj{kk
chek ;kstuk (ih,e,lchokbZ) ds rgr doj fd;k tk jgk gSA
9 lkSj iafiax lsV dks lapkfyr dj Ñf"k esa ÅtkZ ds oSdfYid
lzksr dks c<+kok nsus ds fy, caèkd gsrq Hkwfe dh vko';drk
dks `5 yk• rd ds ½.k ij NwV nh xbZ gSA
9 xzkeh.k xksnke@os;jgkml@'khr HkaMkj.k rFkk •k| vkSj Ñf"k
çlaLdj.k gsrq foÙkiks"k.k ds fy, vkjvksvkbZ esa NwV nh x;h
gSA
vi. lw{e] y?kq vkSj eè;e m|e (,e,l,ebZ)
ekpZ*18 ds var rd] ekpZ*17 dh lekfIr ls o"kZ&nj&o"kZ 6-50»
dh o`f¼ ds lkFk ,e,l,ebZ {ks=k ds fy, ½.k `86]899 djksM+ jgk
rFkk lw{e] y?kq vkSj eè;e m|eksa ds fy, ½.k `72]246 djksM+
jgk (o"kZ&nj&o"kZ 8-89»)A 31 ekpZ*18 rd cSad esa (o"kZ&nj&o"kZ
12-75») dh o`f¼ ds lkFk 87201 lw{e m|eh •krksa dh o`f¼ gqbZ
tcfd çèkkuea=kh gkbZ ysoy VkLd iQkslZ dh fliQkfj'kksa ds vuqlkj
10» dh visf{kr o`f¼ gksuh pkfg,A
foÙkh; o"kZ ds nkSjku] cSad us `1041 djksM+ ds ½.k ifjO;; ds lkFk
lhthVh,e,lbZ ;kstuk ds rgr 30406 ekeyksa dks doj fd;k x;k gSA
ekpZ*18 rd 147501 •krksa esa dqy ½.k ifjO;; `4803 djksM+ jgkA
Hkkjr ljdkj@Hkkjrh; fjtoZ cSad }kjk 7-5» ds y{; dh rqyuk esa
cSad dh ,,uchlh ds çfr'kr ds :i esa lw{e m|e vfxzeksa ds rgr
cdk;k 9-12» gSA
çèkkuea=kh eqæk ;kstuk (ih,e,eokbZ) % foÙkh; o"kZ 2017&18 ds
fy, cSad us eqæk ;kstuk ds rgr `6837 djksM+ LohÑr fd, vkSj
foÙkh; lsok foHkkx] foÙkh; ea=kky; }kjk vkoafVr ctV ds 86»
(`7950 djksM+) çkIr djus esa l{ke jgkA
^LVsaM vi bf.M;k* ;kstuk% o"kZ ds nkSjku gekjs cSad }kjk LVsaM
vi bafM;k ds rgr 3674 •krksa esa `805 djksM+ dh jkf'k LohÑr
dh x;hA
cSad us 2&4 lIrkg ds VuZvjkmaM le; dks de djus ds y{; ds
lkFk 414 'kk•kvksa esa ,e,l,ebZ ½.k o`f¼ igy dh 'kq#vkr dh
rFkk ,e,l,ebZ iksVZiQksfy;ksa esa o"kZ&nj&o"kZ vkèkkj ij 30» rd dk
fodkl fd;kA cSad us bl {ks=k ij è;ku dsafær djus ds fy, lacafèkr
{ks=kksa esa dke dj jgs 'kk•kvksa ds lkFk eSi fd, x, 205 dyLVj
dh igpku dh gSA
½.k dh lqfoèkk ds fy,] ½.k vkosnu ljyhÑr fd;k x;k gS vkSj
,e,l,ebZ gsYiykbu ds ekè;e ls vkosnu vkWuykbu çLrqr djus
rFkk ,e,lbZ lsxesaV ds rgr mUgsa Vªsfdax dh lqfoèkk çnku dh xbZ
gSA bl dk;Zç.kkyh dks çksRlkfgr djus gsrq ½.k vkosnu vkWuykbu
çLrqr djus okys mèkkjdrkZvksa dks vfxze 'kqYd vkSj çlaLdj.k 'kqYd
esa 20» dh fj;k;r nh tkrh gSA
,e,l,ebZ ds VhvkjbZMh,l IysViQkseZ ij cêðk fd, tkus okys O;kikj
çkfIr;ksa ds foÙkh; iks"k.k ds fy, VhvkjMh,l (O;kikj çkfIr;ka NwV
ç.kkyh) uhfr dks vafre :i fn;k x;k gSA ,e,lbZ iksVZiQksfy;ks (eqæk
2 PNB Full AR 2017-18 7-68 130718.indd 27
Chhattisgarh state for food & agro based industries
(rice shelling, milling, paddy parboiling, etc.)
9 The farmers availing KCC facility are now being
covered under Pradhan Mantri Suraksha Bima
Yojana (PMSBY).
9 To promote alternative source of energy in Agriculture
by setting up solar pumping sets, requirement of
mortgage of land has been waived for loans upto ` 5
lakh.
9 5HOD[DWLRQ LQ UDWH RI LQWHUHVW IRU ¿QDQFLQJ XQGHU
Rural Godown/Warehouse/Cold Storage and Food
& Agro Processing.
vi. Micro, Small and Medium Enterprises (MSME)
As at the end of Mar’18, the credit to MSME sector stood
at ` 86,899 crore, with a YoY growth of 6.50% over Mar’17
with advances to Micro & Small enterprises at ` 72,246
crore (YoY growth 8.89%). The Bank added 87,201 Micro
Enterprises Accounts till 31st March’18, (YoY growth of
12.75%) against the required growth of 10% in terms of
Prime Minister High Level Task Force recommendations.
'XULQJWKH¿QDQFLDO\HDUWKH%DQNFRYHUHGFDVHV
under the CGTMSE scheme with the credit outlay of
` 1041 crore. The total outlay as on March'18 stands at
147501 accounts with amount of ` 4803 crore.
The outstanding under Micro Enterprise advances as a
percentage of ANBC of the Bank is 9.12% as against the
target of 7.5% by Government of India/ Reserve Bank of
India.
Pradhan Mantri Mudra Yojana (PMMY): For FY 2017-
18, Bank has sanctioned ` 6837 crore and achieved 86%
of the budget (` 7950 crore) allotted by Department of
Financial services, Ministry of Finance.
‘Stand Up India’ scheme: An amount of ` 805 crore in
3674 accounts was sanctioned during the year under the
Stand Up India Scheme by our Bank.
Bank has 414 MSME Credit Growth Initiative branches
with goals to reduce the turnaround time to 2-4 weeks
and to grow the MSME portfolio by 30% on a YoY basis.
)XUWKHU%DQNKDVLGHQWL¿HGFOXVWHUVZKLFKKDYHEHHQ
mapped with branches working in the concerned areas to
give focused attention to MSME sector.
7R IDFLOLWDWH OHQGLQJ ORDQ DSSOLFDWLRQ KDV EHHQ VLPSOL¿HG
and facility of submission of application on-line through
MSME Helpline and tracking them under MSE segment
has been provided. A concession of 20% in upfront fee
and processing fee is extended to borrowers who submit
application on-line to encourage the practice.
TReDS (Trade Receivables Discounting System) policy
KDVEHHQ¿QDOL]HGIRU¿QDQFLQJDJDLQVWWUDGHUHFHLYDEOHVWR
EHGLVFRXQWHGRQ75H'6SODWIRUPIRU060(V5H¿QDQFH
of ` 1566 crore from SIDBI against MSE portfolio (other
27
13-Jul-18 4:27:15 PM
 ds vfrfjÙkQ) ds foijhr ,lvkbZMhchvkbZ ls `1566 djksM+ ,oa lw{e
bdkb;ksa ds fodkl ls `506-83 djksM+ dk iqufoZÙk çkIr gqvk gS
rFkk eqæk iksVZiQksfy;ksa ds foijhr iqufoZÙk ,tsalh dks viuk;k x;k gSA
uS'kuy ØsfMV xkjaVh VªLVh daiuh fyfeVsM (,ulhthVhlh) ls igyk
iksVZiQksfy;ksa `29-16 djksM+ dk pwd nkok çkIr fd;k x;kA
cSad us ½.k lqfoèkk dks xzkgdksa ds vfèkd vuqdwy cukus ds fy,
^vkWuykbu vkosnu rFkk Vªsfdax flLVe* dk v|ru fd;k gSA cSad
ds ekStwnk ,e,l,ebZ mèkkjdrkZvksa }kjk ,iQvkjvkj vkosnuksa dks çLrqr
djus ds fy, vkWuykbu iksVZy dks fodflr fd;k x;k gS vkSj bls
ykbo cuk;k x;k gSA
vii. foÙkh; lekos'ku
foÙkh; lekos'ku ds vius y{; dks çkIr djus ds fy, cSad fofHkUu
mik; dj jgs gSaA foÙkh; o"kZ*18 ds nkSjku foÙkh; lekos'ku ds fy,
fuEufyf•r igysa dh xbZ%
,- ih,uch osclkbV esa miyCèk lqjf{kr osc ist ds ekè;e ls
vksVhih vkèkkfjr vkèkkj lhfMax rFkk çek.khdj.kA
ch- 'kk•kvksa esa ekStwn xzkgdksa dk ck;ksesfVªd vkèkkj ij vkèkkj
lhfMax ,oa çek.khdj.kA
lh- vkbZvkbZch,iQ ;k bu&gkml çek.ku ds ekè;e ls lHkh cSad
fe=kksa dks çf'k{k.k vkSj çek.khdj.kA
Mh- chlh LFkkuksa ds vfrfjÙkQ ,Vh,e] baVjusV cSafdax ij ifjpkfyr
vkèkkj lhfMax lqfoèkkA
bZ- chlh LFkkuksa ij vVy isa'ku ;kstuk (,ihokbZ) iathdj.k
lqfoèkk 'kq: dh xbZA
,iQ- chlh pSuy ds ekè;e ls ih,uch esVykbiQ mRikn% ih,uch
esVykbiQ mRikn ¶esV xzkeh.k vkJ;¸ dk vkjaHk fd;k x;k
rFkk orZeku esa rhu vapyksa esa çkjafHkd vkèkkj ij py jgk gSA
lkekftd lqj{kk ;kstuk,a% dsaæh; ctV 2015&16 ds ?kks"k.kk ds
ifj.kkeLo:i] ekuuh; çèkkuea=kh us fnukad 09-05-2015 dks rhu
lkekftd lqj{kk ;kstuk,a vkjaHk dhA ;kstukvksa ds rgr çxfr
fuEukuqlkj gS % &
i) çèkkuea=kh lqj{kk chek ;kstuk ¹ih,e,lchokbZº & fnukad
31-03-2018 dks ih,e,lchokbZ ds rgr ukekafdr xzkgdksa dh
la[;k 6550757 gSA
ii) çèkkuea=kh thou T;ksfr chek ;kstuk ¹ih,etstschokbZº%
31-03-2018 rd ih,etstschokbZ ds rgr ukekafdr xzkgdksa dh
la[;k 1318001 gSA
iii) vVy isa'ku ;kstuk ¹,ihokbZº% ,ihokbZ ;kstuk ds rgr 31-
03-2018 rd ukekadu 308221 rd igq¡p x, gSaA
Mh- vkmVyqd
foÙkh; o"kZ*19 esa vuqdwy ?kjsyw vkSj oSf'od i;kZoj.k ls ykHkkfUor
gksdj vFkZO;oLFkk esa xfr vkus dh laHkkouk gSA Hkkjrh; fjtoZ cSad
ds vuqekuksa ds vuqlkj ldy ?kjsyw mRikn dh o`f¼ foÙkh; o"kZ*18
esa 6-6» ls foÙkh; o"kZ*19 esa 7-4» rd gksus dk vuqeku gS& leku
:i ls larqfyr tksf•eksa ds lkFk ,p1 esa 7-3&7-4» dh rFkk ,p2 esa
7-3&7-6» dh jsat esaA vfèkd ½.k forj.k] çkFkfed cktkj ls tqVk,
28
2 PNB Full AR 2017-18 7-68 130718.indd 28
than MUDRA) and ` 506.83 crore from Micro Units
'HYHORSPHQW DQG 5H¿QDQFH $JHQF\ DJDLQVW 08'5$
SRUWIROLRKDVEHHQREWDLQHG7KH¿UVWSRUWIROLRGHIDXOWFODLP
of ` 29.16 crore from National Credit Guarantee Trustee
Company Ltd (NCGTC) has been obtained.
The Bank has upgraded to a more user friendly ‘Online
Loan Application & Tracking System’. Online portal
for submission of FRR applications by existing MSME
borrowers of the Bank has been developed and made
live.
Vii. Financial Inclusion:
Bank has been taking various steps towards meeting its
¿QDQFLDO LQFOXVLRQ JRDOV 7KH IROORZLQJ LQLWLDWLYHV ZHUH
WDNHQWRZDUGV¿QDQFLDOLQFOXVLRQGXULQJ)<¶
a. OTP Based Aadhaar seeding and authentication
of accounts through secure web page is available as
link on PNB website.
b. Biometric based Aadhaar seeding and
authentication of existing customers at branches.
F 7UDLQLQJ DQG FHUWL¿FDWLRQ WR DOO %DQN 0LWUV HLWKHU
WKURXJK,,%)RULQKRXVHFHUWL¿FDWLRQ
d. Aadhaar seeding facility is operational at BC
locations in addition to branches, ATM, Internet
Banking.
e. Atal Pension Yojana (APY) registration facility
introduced at BC locations.
f. PNB MetLife product through BC channel: PNB
MetLife product “Met Gramin Ashray’’ launched
and presently running on a pilot basis in three Zones.
Social Security Schemes: Consequent upon
announcement in Union Budget 2015-16, Hon’ble Prime
Minister launched three social security schemes on
09.05.2015. The progress under the schemes is as under:-
i) Pradhan Mantri Suraksha Bima Yojana
(PMSBY) – As on 31.03.2018, Number of customers
enrolled under PMSBY is 6550757.
ii) Pradhan Mantri Jeevan Jyoti Bima Yojana
(PMJJBY) – As on 31.03.2018, Number of customers
enrolled under PMJJBY is 1318001.
iii) Atal Pension Yojana (APY): The Number of
enrolment under APY scheme as on 31.03.2018 is
308221.
d. Outlook
7KHHFRQRP\LVH[SHFWHGWRJDWKHUSDFHLQ)<¶EHQH¿WWLQJ
from conducive domestic and global environment. As per
RBI projections, GDP growth is projected to strengthen
from 6.6% in FY’18 to 7.4% in FY’19 – in the range of 7.3-
7.4% in H1 and 7.3-7.6% in H2, with risks evenly balanced.
The factors which have instilled growth are improved
FUHGLW RIIWDNH ODUJH UHVRXUFH PRELOL]DWLRQ IURP WKH
13-Jul-18 4:27:15 PM
 cM+s lalkèku] lkoZtfud {ks=k ds cSadksa ds iquiZwathdj.k rFkk fnokfy;k
,oa èku 'kksèku {kerk lafgrk (vkbZchlh) ds rgr nokcxzLr vkfLr;ksa
dk lekèkku fodkl dks c<+kok nsus okys dkjd gSaA oSf'od vkSj ?kjsyw
fodkl esa rsth ykus ls fu;kZr dks çksRlkfgr fd;k tk ldrk gS ftlls
cqfu;knh <kaps {ks=k dks c<+kok feysxkA
rsy dh dherksa esa o`f¼ eqækLiQhfr ds lacaèk esa dqN vk'kadk,a mRiUu
dj ldrh gS ysfdu ;g vkjchvkbZ ds dEiQVZ ysoy ds Hkhrj jgus
dh laHkkouk gSA Hkkjrh; fLFkjrk&eqækLiQhfr] jktdks"kh; ?kkVs vkSj pkyw
•krk ?kkVs ds ladsrd varjjk"Vªh; ÅtkZ dh dherksa ds çfr laosnu'khy
gSa tks vFkZO;oLFkk ds fy, dqN pqukSfr;ksa dk lkeuk dj ldrs gSaA
cSafdax {ks=k esa ljdkj dh iquiZwathdj.k ;kstuk ls leFkZu çkIr gksus
dh rFkk vkbZchlh ds rgr nokcxzLr vkfLr;ksa ds lekèkku dh
laHkkouk gSA
bZ- tksf•e ,oa fpark,a
cSad vklkuh ls le>s tkus okys mRiknksa vkSj {ks=kksa esa vius usr`Ro
n`f"Vdks.k dk fuekZ.k djsxk rFkk cSad ds ikl lhfer ls de tksf•e
Lrj ds iwoZ fuèkkZfjr tksf•e ekud gksaxsA mPp tksf•e okys {ks=kksa
esa cSad vius tksf•e dks lhfer dj nsxkA vkj,vkjvkslh #ijs•k
ds ekè;e ls fy, x, tksf•e vkSj vkfLrvksa ij çfriQy ds chp
larqyu dks LFkkfir dj çfriQy dks vuqdwyre cukus ij Hkh è;ku
dsfUær djsxkA cSad ½f.k;ksa dh foÙkh; fLFkfr dh lqn`<+ fuxjkuh djus
vkSj iwath ds laj{k.k dks lqfuf'pr djus ds lkFk xq.koÙkk vkfLr;ksa
dks vkdf"kZr dj dkjksckj esa o`f¼ }kjk cSad 'ks;jèkkjd ewY; dks
vfèkdre djus gsrq cktkj fgLlsnkjh dks c<+krk gSA
cSad ds ikl ½.k tksf•e çcaèku ÚseodZ gS rFkk cSad us vkarfjd
½.k tksf•e ewY;kadu ekWMyksa dk fodkl fd;k gSA ;s jsfVax ekWMy
mèkkjdrkZvksa ds ½.k tksf•e ewY;kadu dh oSKkfud fofèk miyCèk
djkrs gSaA cSad vius jsfVax ekWMy dh çHkkodkfjrk lqfuf'pr djrs
gq, budk vkofèkd oSèkhdj.k Hkh djrk gSA cSad vius ØsfMV tksf•e
jsfVax ekWMy dh lqn`<+rk dk ijh{k.k gsrq ekbxzs'ku ,oa fMiQkWYVj nj
fo'ys"k.k Hkh vk;ksftr djrk gSA jsfVax ekWMyksa ds vkmViqV cSad ds
fu.kZ; çfØ;k (vFkkZr ØsfMV iksVZiQksfy;ks dh ys•kijh{kk] leh{kk vkSj
fuxjkuh ds vfrfjÙkQ eatwjh] ewY; fuèkkZj.k] ½.k 'kfÙkQ;ka) ls tqM+s
gSaA cSad us de tksf•e] eè;e tksf•e rFkk mPp tksf•e Jsf.k;ksa ds
vuqlkj ,d okafNr iksVZiQksfy;ksa forj.k fuèkkZfjr fd;k gS rFkk okafNr
iksVZiQksfy;ks dh rqyuk esa okLrfod iksVZiQksfy;ks ds dk;Zfu"iknu dh
fuxjkuh dh tkrh gS vkSj =kSekfld vkèkkj ij ½.k tksf•e çcaèku
lfefr dks lwfpr fd;k tkrk gSA cSad us fjVsy cSafdax rFkk ,l,ebZ
{ks=k vfxzeksa ds lacaèk esa Ldksfjax ekWMyksa dk fodkl Hkh fd;k gSA Ñf"k
{ks=k gsrq Hkh Ldksfjax ekWMy dk fodkl fd;k x;k gS vkSj bls lHkh
'kk•kvksa esa ykxw dj fn;k x;k gSA bu çfØ;kvksa us ½.kksa dk 'kh?kz
vkSj vpwd forj.k djus] ewY;kadu esa ,d:irk ykus vkSj MkVk dk
laxzg ,oa fo'ys"k.k djus esa cSad dh lgk;rk dh gSA
cSad esa cktkj tksf•e çcaèku dk;ks± ds fy, lqifjHkkf"kr laxBukRed
lajpuk ekStwn gS tks cktkj tksf•e vFkkZr C;kt nj tksf•e ,oa fons'kh
fofue; tksf•e ds lexz çcaèku dh çfØ;k dh ns•js• djrh gS
vkSj blds ekiu ,oa fuxjkuh dh dk;Zç.kkfy;ksa dks dk;kZfUor djrh
gSA Vªstjh ifjpkyu esa tksf•e çcaèku gsrq ncko ijh{k.k] vofèk]
la'kksfèkr vofèk] oh,vkj tSls lkèkuksa dk çHkkoh :i ls mi;ksx fd;k
tk jgk gSA
2 PNB Full AR 2017-18 7-68 130718.indd 29
SULPDU\PDUNHWUHFDSLWDOL]DWLRQRISXEOLFVHFWRUEDQNVDQG
resolution of distressed assets under the Insolvency and
Bankruptcy Code (IBC). Accelerating global and domestic
growth is likely to encourage exports and provide thrust to
infrastructure sector.
7KHULVHLQRLOSULFHVFDQSRVHVRPHWKUHDWRQWKHLQÀDWLRQ
front but it is likely to remain within RBI’s comfort level.
,QGLFDWRUV RI ,QGLDQ PDFUR VWDELOLW\LQÀDWLRQ ¿VFDO GH¿FLW
DQGFXUUHQWDFFRXQWGH¿FLWDUHVHQVLWLYHWRLQWHUQDWLRQDO
energy prices which can pose some challenges for the
economy.
The Banking sector is likely to get support from
UHFDSLWDOL]DWLRQSODQRIWKH*RYHUQPHQWDQGUHVROXWLRQRI
distressed assets under IBC.
e. Risks & Concerns
Bank will build its leadership approach in products and
segments which are well understood and have pre-
determined risk standards of moderate to low risk level.
Bank will limit its exposure in high risk areas. Bank will
DOVRIRFXVRQRSWLPL]LQJWKHUHWXUQVE\VWULNLQJDEDODQFH
between the risk taken and the return on assets through
Risk Adjusted Return on Capital (RAROC) framework.
Bank also strives towards improving its market share to
PD[LPL]H VKDUHKROGHUV¶ YDOXH E\ DXJPHQWLQJ EXVLQHVV
through attracting quality assets coupled with strong
PRQLWRULQJRIERUURZHUV¶¿QDQFLDOKHDOWKWKHUHE\HQVXULQJ
conservation of capital.
The Bank has a Credit Risk Management framework and
has developed in-house credit risk rating models. These
UDWLQJ PRGHOV SURYLGH D VFLHQWL¿F PHWKRG IRU DVVHVVLQJ
credit risk rating of borrowers. Bank also undertakes
periodic validation exercise of its rating models to ensure
WKDW WKHLU HI¿FDF\ LV LQWDFW %DQN FRQGXFWV PLJUDWLRQ DQG
default rate analysis to test robustness of its credit risk
rating models. Output of rating models is linked to decision
PDNLQJLQWKH%DQNYL]VDQFWLRQSULFLQJ/RDQLQJ3RZHUV
besides Audit, Review & monitoring of credit portfolio). The
Bank has also set a desired portfolio distribution in terms
of Low-Risk, Medium-Risk & High-Risk Categories and the
performance of actual portfolio vis-à-vis desired portfolio
is monitored and reported to Credit Risk Management
Committee at quarterly intervals. Bank has also developed
scoring models in respect of Retail banking and SME
sector advances. The scoring model for farm sector has
also been developed and has been implemented across
all the branches. These processes help Bank to achieve
quick and accurate delivery of credit, bring uniformity in
the appraisal and facilitate storage of data and analysis
thereof.
7KH %DQN KDV LQ SODFH D ZHOO GH¿QHG RUJDQL]DWLRQDO
structure for market risk management functions, which
looks into the process of overall management of market
ULVN YL] LQWHUHVW UDWH ULVN HTXLW\ SULFH ULVN DQG IRUHLJQ
exchange risk, implements methodologies for measuring
and monitoring the same. Tools like stress testing, duration,
PRGL¿HG GXUDWLRQ 9D5 HWF DUH EHLQJ XVHG HIIHFWLYHO\ LQ
managing risk in the Treasury operations.
29
13-Jul-18 4:27:16 PM
 fdlh Hkh ?kVuk ls fuiVus ds fy, cSad ds vkfLr ns;rk çcaèku dks
vxzlfØ; fd;k x;k gSA lHkh vkfLr;ksa ,oa ns;rkvksa ds lacaèk esa
vkfLr ns;rk dk çcaèku nSfud vkèkkj ij fd;k tkrk gSA vkfLr ,oa
ns;rk mRiknksa ds lacaèk esa C;kt njsa oSKkfud vkèkkj ij fuèkkZfjr dh
tkrh gSaA vko';drk gksus ij fdlh Hkh laHkkfor eqæk ladV ls fuiVus
ds fy, cSad us vkdfLed foÙk iks"k.k ;kstuk cukbZ gSA cSad fdlh Hkh
rjyrk dh vko';drk dks iwjk djus ds fy, fujarj vkèkkj ij viuh
rjy vkfLr;ksa dk çcaèku dj jgk gSA
cSad us ,d O;kid vkbZlh,,ih nLrkost fu;r fd, gSa ftls
vèkZ&okf"kZd vkèkkj ij 'kh"kZ çcaèku dks çLrqr fd;k tk jgk gSA
vkbZlh,,ih fiyj&I vkSj fiyj&II ds tksf•eksa ij fu;a=k.k djrk
gS rFkk cSad }kjk mtkxj fd, fofHkUu tksf•eksa ds çHkko ij lexz
n`f"V j•rk gS rFkk fofHkUu tksf•eksa dks ekius@ewY;kadu djus dk
ç;kl djrk gSA tksf•e ewY;kadu vkSj çcaèku çfØ;k dks vkbZlh,,ih
nLrkostksa esa 'kkfey fd;k x;k gSA nLrkost ,dy vkSj lesfdr nksuksa
vkèkkj ij rS;kj fd;k tk jgk gSA
cSad esa lqifjHkkf"kr vksvkj,e uhfr ds lkFk ifjpkyu tksf•e
çcaèku dk;Z gsrq Hkh lqifjHkkf"kr laxBukRed lajpuk ,oa #ijs•k
ekStwn gS tks ifjpkyu tksf•e ds lexz çcaèku dh çfØ;k dh
ns•js• djrh gSA cSad ijaijkxr gkfu MkVk ds fo'ys"k.k] tksf•e ,oa
fu;a=k.k Lo&fuèkkZj.k loZs{k.k (vkjlh,l,) egRoiw.kZ tksf•e lwpdksa
(dsvkjvkbZ) vkSj ifjn`';&fo'ys"k.k vkfn }kjk ifjpkyu tksf•e dh
igpku] vuqeku] fuxjkuh vkSj fu;a=k.k@'keu dj jgk gSA fofoèk Lrjksa
ij MsVk dSIpfjax ,oa çcaèk lwpuk ç.kkyh ds fofHkUu igyqvksa dk
è;ku j•us ds fy, cSad us baVjçkbZt okbM MsVk os;jgkml ifj;kstuk
ds varxZr dsaæh; loZj ij vkWuykbu ifjpkyu tksf•e lekèkku dk
Hkh vkjaHk fd;k gSA
fu;ked fn'kkfunZs'k% cSad us csly II/III ds varxZr tksf•e
Hkkfjr vkfLr;ksa (vkjMCY;w,) dh x.kuk ds fy, ½.k tksf•e gsrq
ekudhÑr n`f"Vdks.k] cktkj tksf•e gsrq ekudhÑr vofèk n`f"Vdks.k
vkSj ifjpkyu tksf•e gsrq ewy ladsrd n`f"Vdks.k dks viuk;k gSA
cSad igys ls gh ½.k tksf•e gsrq vkarfjd jsfVax vkèkkfjr uhao
n`f"Vdks.k (,iQvkbZvkjch) rFkk ifjpkyu tksf•e gsrq ekudhÑr
Asset liability management of the Bank is done on a
proactive basis to manage any eventuality. The Asset
Liability Management in respect of all assets and liabilities
is being done on a daily basis. Interest rates in respect of
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Bank has carried out a contingency funding plan so as to
tide over liquidity crunch if need arises. Bank is managing
its liquid assets on a continuous basis so as to be able to
meet any liquidity requirement.
The Bank has in place a comprehensive ICAAP document
which is being put up to Top Management on semi-annual
basis. ICAAP addresses both the Pillar-I and Pillar-II
risks and to have a holistic view of impact of various risks
which the Bank is exposed to, an exercise is carried out
to quantify/assess various risks. The risk assessment
and management processes are covered at length in the
ICAAP document. The document is being prepared on
both solo and consolidated basis.
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structure and framework for operational risk management
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into the process of overall management of operational risk.
Bank is identifying, measuring, monitoring and controlling/
PLWLJDWLQJWKHRSHUDWLRQDOULVNE\DQDO\]LQJKLVWRULFDOORVV
data, Risk Control & Self-Assessment Surveys (RCSAs),
Key Risk Indicators (KRIs) and Scenario Analysis etc.
Bank has also introduced an online OpRisk Solution under
Enterprise-wide Data Warehouse Project on a central
server to take care of various aspects of data capturing
and management information system at various levels.
Regulatory Guidelines: The Bank has adopted a
6WDQGDUGL]HG $SSURDFK IRU &UHGLW 5LVN 6WDQGDUGL]HG
Duration Approach for Market Risk and Basic Indicator
Approach for Operational Risk for computation of Risk
Weighted Assets (RWA) under Basel II/III.
The Bank is already under parallel run for Foundation
Internal Rating based (FIRB) Approach for Credit Risk and
n`f"Vdks.k (Vh,l,) dks viukus ds lekukarj lapyu esa gSA cSad
=kSekfld vkèkkj ij Hkkjrh; fjtoZ cSad dks ,iQvkbZvkjch vkSj Vh,l,
ds vuqlkj viuh iwath vkSj vkjMCY;w, dh fjiksVZ djrk gSA vkjchvkbZ
us ifjpkyu tksf•e ds fy, mUur ekiu n`f"Vdks.k (,,e,) ds fy,
cSad dks lekukarj lapyu dk vuqeksnu fn;k gSA cSad us cktkj tksf•e
gsrq vkarfjd ekWMy n`f"Vdks.k (vkbZ,e,) rFkk ½.k tksf•e gsrq
mUur vkarfjd jsfVax vkèkkfjr (,vkbZvkjch) n`f"Vdks.k dks viukus
gsrq vkSipkfjd i=k Hkh çLrqr fd;k gSA bl lacaèk esa lHkh vko';d
dkjZokbZ vkjEHk dh tk pqdh gSA
vU; çeq• igysa% cSad us vius eaMy dk;kZy;ksa ds tksf•e&lek;ksftr
dk;ks± dh fuxjkuh vkjEHk dj nh gSA eaMy çeq•ksa ds lEesyu] tsM,e
lEesyu vkfn tSls fofHkUu iQksje ds ekè;e ls vapy çcaèkdksa@eaMy
çeq•ksa dks csgrj vkfFkZd çfriQy vftZr djus] dqy ½.k tksf•e
Hkkfjr vkfLr;ksa@dqy ½.k tksf•e vuqikr ds fy, Lo;a ds y{;
fuèkkZfjr djus vkSj blesa o"kZ&nj&o"kZ vkèkkj ij vkjMCY;w, vuqikr
esa fujarj deh ykus dh lykg nh tk jgh gSA
cSad us viuh LVªsl ijh{k.k uhfr dks iqu% ifjHkkf"kr fd;k gS vkSj LVªsl
30
2 PNB Full AR 2017-18 7-68 130718.indd 30
7KH 6WDQGDUGL]HG $SSURDFK 76$ IRU 2SHUDWLRQDO 5LVN
Bank is reporting its capital and RWA as per FIRB and
TSA to RBI on a quarterly basis. RBI has also accorded
parallel run approval to Bank for Advanced Measurement
Approach (AMA) for Operational Risk. Bank has submitted
a formal Letter of Intent for adoption of Internal Models
Approach (IMA) for Market risk and Advanced Internal
Rating Based (AIRB) Approach for Credit Risk. Necessary
actions required in this regard have been initiated.
Other Major Initiatives Undertaken: The Bank has
started monitoring risk-adjusted performance of its Circle
2I¿FHV=0V&LUFOH+HDGVDUHDGYLVHGWRJHQHUDWHKHDOWK\
economic returns, set self-targets for Total Credit Risk
Weighted Assets/Total Credit Exposure ratio and achieve
consistent reduction in RWA ratio on year-on-year basis
through various forums like Circle Heads’ conference, ZM
conference etc.
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13-Jul-18 4:27:16 PM
 ds irk yxus ij bls de djus lacaèkh xfrfofèk;ksa ds fy, tksM+k gSA
ncko ijh{k.k =kSekfld varjky ij fd, tkrs gSa vkSj ifj.kke lacafèkr
lfefr;ksa ds le{k çLrqr fd, tkrs gSaA fofHkUu lewg bdkb;ksa ds
fy, LVªsl ijh{k.k vkSj iSjsaV cSad ij muds çHkko dk Hkh fo'ys"k.k
fd;k tk jgk gSA
cSad us vkj,vkjvkslh ÚseodZ fodflr fd;k gSA ;g ½.k lacaèkh
fu.kZ;ksa dks l{ke djus ds çR;sd ½.k çLrko gsrq iwath ij çfriQy dh
rqyuk djus ds fy, cSad dks ,d gh iSekuk çnku djsxkA ;g dkjksckj
esa vuqekfur tksf•e ds vuq:i çfriQy çnku djus esa lgk;d gksxk
ftlls laxBu ds ewY; dks c<+k;k tk ldrk gSA
ÚseodZ dks laxBu Lrj ij ykxw fd;k x;k gS rFkk vkj,vkjvkslh
csapekdZ ij ½.k çLrkoksa dk ewY;kadu fd;k tkrk gSA ;g cSad dks
'ks;jèkkjdksa ds fy, ewY; mRiknu ds vkèkkj ij çLrko dks fiQYVj
djus esa lgk;rk djrk gS vkSj cSad dh vi;kZIr iwath dk csgrj
mi;ksx djrk gSA cSad dk y{; vius Hkfo"; ds fodkl dks lapkfyr
djuk vkSj vkj,vkjvkslh fl¼kar ds vkèkkj ij iksVZiQksfy;ks dk fuekZ.k
djuk gS rFkk 'ks;jèkkjdksa ds ewY; dks èkhjs&èkhjs c<+kuk gSA
cSad }kjk ,d O;kid fjLd ,isVkbV ÚseodZ dk fuekZ.k fd;k x;k
gSA ;s nLrkost cSad esa buds çHkkoh dk;kZUo;u ds fy, ç'kklu ,oa
fuxjkuh ÚseodZ ds lkFk fjLd ,isVkbV fooj.kksa dks fuèkkZfjr djrs gSaA
fjLd ,isVkbV dks çR;sd ekunaMksa ds fy, tksf•e lhek rFkk tksf•e
ds çkjafHkd Lrj ds lkFk fofHkUu ekunaMksa ds lanHkZ esa ifjHkkf"kr
fd;k x;k gSA
,iQ- vkarfjd fu;a=k.k ç.kkyh
i. ½.k ys•k ijh{kk rFkk leh{kk
foÙkh; o"kZ* 18 ds nkSjku] ?kjsyw vkSj fons'kh nksuksa ik=k ½.k •krksa
ds fy, ØsfMV vkWfMV fd;k x;k FkkA ,yvkj,e uhfr ds lanHkZ esa]
foÙkh; o"kZ*18 esa] o"kZ esa de ls de 30» ls 40» rd uhfr dh
vko';drkvksa ds lkFk&lkFk vkjchvkbZ ds foijhr cSad ds 'kq¼
ekud ØsfMV dk vuqekfur dojst 49-05» gSA cSad ØsfMV vkWfMV
ds bZ&vkWfMV dh çfØ;k 'kq: djsxh tks ØsfMV vkWfMV ds isijysl]
çHkkoh] lVhd vkSj le; cpkus okys Vwy gSA
ii. vkarfjd ys•k ijh{kk
o"kZ ds nkSjku vkWulkbV vkjchvkbZ, ds fy, çksxzke dh xbZ
5148 'kk•kvksa@bdkb;ksa esa tksf•e vkèkkfjr vkarfjd ys•k ijh{kk
(vkjchvkbZ,) vk;ksftr dh xbZ FkhA lwpuk lqj{kk (vkbZ,l) ys•k
ijh{kk 85 dk;kZy;ksa@bdkb;ksa esa vkjchvkbZ, ds lkFk vk;ksftr dh xbZ
FkhA foÙkh; o"kZ]18 esa 1608 'kk•kvksa@lsok bdkb;ksa esa laxkeh@lrr
ys•k ijh{kk vk;ksftr dh xbZ] ftlesa ls 825 'kk•kvksa@bdkb;ksa dks
vkarfjd ys•k ijh{kdksa }kjk laxkeh@lrr ys•k ijh{kk ds vèkhu fd;k
it to mitigating actions on detection of stress. Stress tests
are undertaken at quarterly intervals and results placed
to respective committees. Stress test for various group
entities and their impact on the parent Bank are also being
DQDO\]HG
The Bank has developed RAROC framework. It shall
provide Bank a single scale for comparing the return on
capital for each credit proposal to enable credit decisions.
It shall help in providing returns commensurate with the
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YDOXHRIWKHRUJDQL]DWLRQ
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level and credit proposals are evaluated on RAROC
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on the value generation for shareholders and make better
use of Bank’s scarce capital. Bank aims to drive its future
growth and build portfolio on the basis of RAROC principle
and enhance shareholder’s value gradually.
A comprehensive Risk Appetite Framework has been put
in place by the Bank. The document sets out the Risk
Appetite Statement along with governance and monitoring
framework for its effective implementation within the
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parameters along with the Risk limit and Risk threshold
level for each parameter.
f. Internal Control System
i. Credit Audit and Review
During FY’18, Credit audit was undertaken for all eligible
loan accounts both domestic and overseas. In terms
of LRM Policy, during FY’18, the expected coverage is
49.05% of Bank’s net standard credit as against the RBI
as well as policy requirement of at least 30% to 40% in
a year. The Bank will also start the process of e-Audit of
Credit Audit which is a paperless, effective, accurate and
time saving tool of Credit Audit.
ii. Internal Audit
Risk Based Internal Audit (RBIA) was conducted in 5148
branches/ units programmed for onsite RBIA during the
year. Information Security (IS) Audit was conducted in 85
RI¿FHVXQLWVDORQJZLWK5%,$&RQFXUUHQW&RQWLQXRXVDXGLW
was conducted in 1608 branches/service units in FY’18,
of which 825 branches/units were subject to concurrent/
continuous audit by Internal Auditors and 783 branches/
service units were subject to concurrent audit by External
x;k Fkk vkSj 783 'kk•kvksa@lsok bdkb;ksa dks ckgjh ys•k ijh{kdksa
(lh, iQeZ]iSuyc¼ lsokfuo`Ùk vfèkdkfj;ksa) }kjk laxkeh ys•k ijh{kk
ds vèkhu fd;k x;k Fkk tks cSad ds dqy dkjksckj dk 77» doj
djrs gSaA 6480 'kk•kvksa dks vk;@jktLo ys•k ijh{kk ds vèkhu fd;k
x;k Fkk] ftlesa frekgh vkèkkj ij vk;@jktLo ys•k ijh{kk ds fy,
fpfUgr~ 'kk•k,a 'kkfey FkhaA
^bZ&vkjchvkbZ, lkWÝVos;j (ftlesa vkjchvkbZ, fjiksVZ dk çLrqfrdj.k]
çlaLdj.k vkSj vuqikyu vkWuykbu fd;k tkrk gS) cSad ds loZj ds
ekè;e ls lapkfyr laxkeh 'kk•kvksa ds frekgh@lrr ys•k ijh{kk]
2 PNB Full AR 2017-18 7-68 130718.indd 31
$XGLWRUV &$ )LUPV  (PSDQHOOHG 5HWLUHG 2I¿FHUV
covering 77% of the total business of the Bank. 6480
branches were subject to income/revenue audit, which
LQFOXGHG EUDQFKHV LGHQWL¿HG IRU LQFRPHUHYHQXH DXGLW RQ
a quarterly basis.
‘E-RBIA software (wherein submission, processing and
compliance of RBIA reports is done online) operated
through Bank’s server has been implemented fully for
Quarterly/Regular Audit of Concurrent branches, Non-
31
13-Jul-18 4:27:16 PM
 xSj&fof'k"V 'kk•kvksa ds lkFk&lkFk fu;fer :i ls xSj&fof'k"V ys•k
ijh{kk ds fy, Hkh iw.kZr% ykxw fd;k x;k gSA jktLo ys•kijh{kk dh
nSfud@ekfld@frekgh fjiksVZ Hkh bZ&vkjchvkbZ, ds varxZr 'kkfey dh
tkrh gSA
bZ&vkjchvkbZ, VsEiysV~l esa la'kksèku ds ekè;e ls iQsek fn'kkfunZs'kksa
dk vuqikyu leorhZ ys•kijh{kk dk vfHkUu fgLlk cuk fn;k x;k gSA
iQsek ys•k ijh{kk lkekU;r% okf"kZd vkèkkj ij vk;ksftr dh tkrh gSaA
vkjchvkbZ@Mh,iQ,l] foÙkh; ea=kky; ds funZs'kksa ds vuqlkj] cSad us
6SHFLDOL]HG EUDQFKHV DV ZHOO DV IRU UHJXODU DXGLW RI 1RQ
Concurrent Audit Branches. Daily/Monthly/Quarterly
reports of Revenue Audit are also covered under e-RBIA.
Compliance of FEMA guidelines has been made an
LQWHJUDO SDUW RI &RQFXUUHQW $XGLW WKURXJK PRGL¿FDWLRQ LQ
e-RBIA templates. FEMA Audit ordinarily is conducted on
an annual basis.
As per the directions of RBI/DFS, Ministry of Finance,
6883 'kk•kvksa esa vius vkarfjd ys•kijh{kk dk;Zcy ds ekè;e
ls ,lch,u (fufnZ"V cSad uksV~l) ys•kijh{kk dh] ftlesa lhek ij
fLFkr 'kk•k,a] mÙkj&iwoZ ds nwj&njkt {ks=kksa esa fLFkr 'kk•k,a] okeiaFkh
vfrokn çHkkfor {ks=kksa dh 'kk•k,a 'kkfey gSaA dqN fpfUgr ekeyksa
esa fjiksVZs tsujsV dh xbZ gSa rFkk bUgsa ysunsu dh leh{kk vkSj fuxjkuh
ds fy, eaMy dk;kZy;ksa esa miyCèk djk;k x;k gS] ftlesa ,lch,u
lR;kiu 'kkfey gSA
iii. vius xzkgd dks tkfu, (dsokbZlh)@èku 'kksèku fuokj.k
(,,e,y)
lHkh ekStwnk vkWijsfVo •krs dsokbZlh vuqikfyr gSaA fof'k"V xzkgd
WKH %DQN XQGHUWRRN 6%1 6SHFL¿HG %DQN 1RWHV DXGLWV
through its Internal Audit workforce in 6883 branches,
LQFOXGLQJ EUDQFKHV VLWXDWHG DW ERUGHU IDU ÀXQJ 1RUWK
East and Left Wing Extremism affected areas. Reports
RQ FHUWDLQ LGHQWL¿HG VFHQDULRV KDYH EHHQ JHQHUDWHG DQG
PDGHDYDLODEOHWR&LUFOH2I¿FHVIRUUHYLHZDQGPRQLWRULQJ
RIWUDQVDFWLRQVLQFOXGHG6%1YHUL¿FDWLRQ
iii. Know Your Customer(KYC)/Anti Money Laundering
(AML)
All existing operative accounts are KYC compliant. Unique
igpku dksM (;wlhvkbZlh) lHkh xzkgdksa dks fufnZ"V fd;k x;k gS rFkk
xzkgd dh ,d ls vfèkd vkbZMh] ;fn dksbZ gS] dk ekStwnk xzkgdksa dh
fof'k"V igpku vFkkZr iSu vkSj vkèkkj la[;k ds vkèkkj ij foy;
dj fn;k x;k gSA
euh ykWaMfjax ifjçs{; ls xzkgd ds ysu&nsu dh fuxjkuh gsrq LohÑfr@
okWp lwfp;ksa esa u, xzkgdksa dks LdSu djus ds fy, ,,e,y flLVe
ykxw fd;k x;k gSA dsokbZlh@,,e,y@lh,iQVh ekeyksa ij iQhYM LVkiQ
dks tkx:d@v|ru djus ds fy, fu;fer çf'k{k.k vkSj dk;Z'kkyk,a
vk;ksftr dh tkrh gSaA
iv. çcaèku ys•kijh{kk
tksf•e vkèkkfjr çcaèku ys•kijh{kk ds nk;js ds rgr lHkh ç'kklfud
dk;kZy;ksa dks U;wu tksf•e okys dk;kZy;ksa vkSj lHkh çèkku dk;kZy;ksa
tks fd nks o"kZ esa ,d ckj ekMZ vkWfMV ds vèkhu gS (mPp tksf•e
jsfVax ds ç-dk- çHkkx dks NksM+dj okf"kZd vkèkkj ij ys•k ijh{kk dh
tk,xh) cSad }kjk okf"kZd vkèkkj ij ys•kijh{kk dh tkrh gSA
mPp o vfr mPp tksf•e okys ç'kklfud dk;kZy;ksa dh =kSekfld
çxfr fjiksVZ (D;wihvkj) dks vkWfMV fjiksVZ dh lekfIr ds ckn vxyh
ys•kijh{kk ds vkjaHk gksus ls igys eaxokbZ tkrh gSA
foÙkh; o"kZ*18 ds nkSjku] cSad us mÙkQ lwph esa fn, x, vU; dk;ks±
dh ys•kijh{kk ds vfrfjÙkQ vuqeksfnr okf"kZd ys•kijh{kk dk;ZØe ds
vkèkkj ij ekMZ }kjk 36 ç-dk-çHkkxksa] 76 eaMy dk;kZy;ksa] 13 vapy
dk;kZy;ksa] 13 vapy ys•kijh{kk dk;kZy;ksa] 6 çf'k{k.k çfr"Bkuksa] 5
{ks=kh; xzkeh.k cSadksa vkSj 2 ?kjsyw vuq"kafx;ksa vkSj 2 fons'kh vuq"kafx;ksa
dh Hkh çcaèku ys•kijh{kk vk;ksftr dh xbZA
v. lrdZrk
cSad us lrdZrk ekeyksa dh rqjar igpku djus vkSj dsaæh; lrdZrk
vk;ksx (lhohlh) ds fn'kkfunZs'kkuqlkj vuq'kklukRed dk;Zokgh dks
le; ij iw.kZ djuk lqfuf'pr djus ds fy, lrdZrk ds ekeyksa ij
viuk è;ku dsfUær fd;k gSA
32
2 PNB Full AR 2017-18 7-68 130718.indd 32
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to all the customers and multiple customer IDs, if any,
maintained by existing customers have since been merged
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number.
AML System has been implemented for monitoring
of customer’s transactions from Money Laundering
perspective and for scanning new customers against
Sanctions/ Watch lists. Regular trainings and workshops
DUH RUJDQL]HG WR VHQVLWL]HXSGDWH WKH ¿HOG VWDII RQ .<&
AML/CFT matters.
iv. Management Audit
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Management Audit are audited by the Bank on an annual
EDVLV /RZ ULVN UDWHG RI¿FHV DQG DOO +2 'LYLVLRQV DUH
subject to MARD audit once in two years (except HO
Divisions of High Risk rating which shall be audited on a
yearly basis).
Quarterly Progress Report (QPR) of the administrative
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closure of audit report before the start of next audit.
During the year FY’18 based on approved Annual Audit
Plan, MARD conducted management audit of 36 HO
'LYLVLRQV  &LUFOH 2I¿FHV  =RQDO 2I¿FHV  =RQDO
$XGLW 2I¿FHV  7UDLQLQJ (VWDEOLVKPHQWV  5HJLRQDO
Rural Banks and 2 Domestic Subsidiaries and 2 Overseas
Subsidiaries.
v. Vigilance
The Bank continued its emphasis on vigilance matters to
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action in accordance with Central Vigilance Commission
(CVC) guidelines are completed in time.
13-Jul-18 4:27:16 PM
 O;kid vuqorhZ dk;Zokgh o fujarj fuxjkuh ds dkj.k 31-03-2018 dks
dqy cdk;k@'ks"k lrdZrk ekeyksa dh la[;k 472 Fkh ftlesa ls dsoy
8 ekeys gh 1 o"kZ ls vfèkd ds le; ls yafcr gSaA
foÙkh; o"kZ*18 ds nkSjku] 30 vÙkQwcj] 2017 ls 4 uoEcj] 2017 rd
cSad dh vuq"kafx;ksa lfgr lHkh dk;kZy;ksa esa lrdZrk tkx:drk lIrkg
(oh,MCY;w) euk;k x;kA
Due to vigorous follow up and continuous monitoring the
total outstanding vigilance cases as on 31.03.2018 were
472 with only 8 cases pending for more than one year.
During the year FY’18, Vigilance Awareness Week (VAW)
was observed from 30th October, 2017 to 4th November,
LQDOORI¿FHVLQFOXGLQJVXEVLGLDULHVRIWKH%DQN

dsUæh; lrdZrk vk;ksx (lhohlh) us vuq'kklukRed dk;Zokgh ds
le; ij iwjk gksus "dh Js.kh esa mRÑ"V ;ksxnku ds fy, ih,uch dks
lrdZrk mRÑ"Vrk iqjLdkj & 2017 çnku fd;k gSA oh,MCY;w ds
volj ij cSad ds lrdZrk foHkkx }kjk gSaMcqd vkWu foftysal eSVlZ
Hkh tkjh fd;k x;k FkkA
lwpuk dk vfèkdkj vfèkfu;e
01-04-2017 ls 31-12-2017 dh vofèk ds nkSjku cSad dks 6412
vkosnu çkIr gq, ftuesa ls 4589 vkosndksa }kjk ekaxh xbZ lwpuk mUgsa
miyCèk djkbZ xbZ tcfd 1733 vkosnu vfèkfu;e ds varxZr ik=k
ugha ik, x,A 31-12-2017 dks 335 vkosnu fuLrkj.k (31-03-2017
dks 245 vkosnu) gsrq cdk;k Fks] ftUgsa fuèkkZfjr le;kofèk ds Hkhrj
fuLrkfjr dj fn;k x;kA
th- ifjpkyu dk;Zfu"iknu ds lacaèk esa foÙkh; dk;Zfu"iknu ij
ppkZ
ekpZ*18 ds var rd cSad dk dqy dkjksckj `1075961 djksM+ ij
igq¡p x;k tks `34764 djksM+ rFkk o"kZ&nj&o"kZ 3-3» dh iw.kZ o`f¼
dks n'kkZrs gSaA
Central Vigilance Commission (CVC) conferred Vigilance
Excellence Award - 2017 to PNB for Outstanding
Contribution in the category of “Timely Completion of
Disciplinary Proceedings”. “Handbook on Vigilance
Matters” was also released by the Vigilance Department of
the Bank on the occasion of VAW.
Right to Information Act
During the period 01.04.2017 to 31.12.2017, the Bank
received 6412 applications and provided requisite
information to 4589 applicants while 1733 applications
were found exempted under the provision of the Act. 335
applications were outstanding as on 31.12.2017 (245
applications as on 31.03.2017) for disposal, which were
subsequently disposed off within the prescribed timeframe.
g. Discussion on Financial performance with respect to
operational performance
The Bank’s Total Business reached ` 10,75,961 crore
at the end of March’18 showing an absolute increase of
` 34,764 crore and a YoY growth of 3.3%.

,p- fu;ksftr O;fDr;ksa dh la[;k lfgr ekuo lalkèku@vkS|ksfxd h. Material Developments in Human Resources/Industrial
lacaèk ekspZs ij egRoiw.kZ fodkl Relations front including number of people employed
i. ekuo lalkèku çcaèku% i. Human Resources Management:
ekpZ] 2018 ds var esa vuq"kafx;ksa lfgr cSad ds dqy deZpkfj;ksa dh Total number of employees including those in the
la[;k 74]897 FkhA subsidiaries was 74,897 at the end of March 2018.
laoxZ&okj deZpkfj;ksa dh la[;k Cadre Wise Staff Strength

laoxZ ekpZ 2017 ekpZ 2018 Cadre March’2017 March’ 2018

la[;k dqy LVkiQ la[;k dqy LVkiQ Number %age of Number %age of
dk » dk » Total staff Total staff
vfèkdkjh 29136 39.42 29853 39.86 2I¿FHU 29136 39.42 29853 39.86
fyfid 27949 37.81 28047 37.45 Clerks 27949 37.81 28047 37.45
vèkhuLFk 16834 22.77 16997 22.69
Sub Staff 16834 22.77 16997 22.69
(ihVh,l lfgr) (incld. PTS)
dqy 73919 74897 Total 73919 74897
vkj{k.k uhfr Reservation Policy
cSad vuqlwfpr tkfr;ksa] vuqlwfpr tutkfr;ksa vkSj vU; fiNM+k oxZ gsrq The Bank follows the reservation policy for SCs, STs and
ljdkj }kjk le;&le; ij ;FkkfuèkkZfjr vkj{k.k uhfr dk vuqikyu OBCs as prescribed by Government of India from time to
djrk gSA time.

,llh@,lVh@vkschlh deZpkfj;ksa dh la[;k Strength of SC/ST/OBC Employees

laoxZ ekpZ*2017 ekpZ*2018 Cadre March’17 March’ 18

,llh ,lVh vkschlh ,llh ,lVh vkschlh SC ST OBC SC ST OBC
vfèkdkjh 6161 2158 3998 6401 2304 4678
2I¿FHU 6161 2158 3998 6401 2304 4678
fyfid 5468 1376 6208 5636 1381 6600
Clerks 5468 1376 6208 5636 1381 6600

33

2 PNB Full AR 2017-18 7-68 130718.indd 33 13-Jul-18 4:27:16 PM

 laoxZ ekpZ*2017 ekpZ*2018 Cadre March’17 March’ 18
,llh ,lVh vkschlh ,llh ,lVh vkschlh SC ST OBC SC ST OBC
vèkhuLFk (ihVh,l 6913 984 3739 6998 1014 3873 Sub Staff (incld. 6913 984 3739 6998 1014 3873
lfgr) PTS)
dqy 18542 4518 13945 19035 4699 15151 Total 18542 4518 13945 19035 4699 15151

inksUufr;ka Promotions
31-03-2018 dks Ldsy I ls Ldsy VII rd dh inksUufr dh The entire promotion process from Scale I upto Scale VII
lEiw.kZ çfØ;k laiUu gks xbZA has been concluded on 31.03.2018 in one go.
djksckj ij çHkko de djus ds fy,] vapy çcaèkd] eaMy çeq•] 7RPLQLPL]HWKHLPSDFWRQEXVLQHVVSODFHPHQWVLQFULWLFDO
,ylhch çeq• tSls egRoiw.kZ Hkwfedkvksa dh O;oLFkk dh xbZ gS rkfd roles like Zonal Managers, Circle Heads, LCB Heads have
orZeku foÙkh; o"kZ esa fujarjrk lqfuf'pr djus ds fy, bu inksa ij been done so that there will be no retirements in these
positions in the present Financial Year thereby ensuring
dksbZ lsokfuo`fÙk u gksA fofHkUu laoxks± esa inksUur vfèkdkfj;ksa dh FRQWLQXLW\1XPEHURI2I¿FHUVSURPRWHGLQGLIIHUHQWFDGUHV
la[;k fuEukuqlkj gS% is as under:
Ldsy VI ls VII 20 Scale VI to VII 20
Ldsy V ls VI 61 Scale V to VI 61
Ldsy IV ls V 144 Scale IV to V 144
Ldsy III ls IV 431 Scale III to IV 431
Ldsy II ls III 865 Scale II to III 865
1456 Scale I to II 1456
Ldsy I ls II
The following employees in workmen cadre were also
foÙkh; o"kZ*18 ds nkSjku] fuEufyf•r deZpkfj;ksa dh Hkh odZeSu dSMj promoted during the year FY’18:
esa inksUufr gqbZ %
 &OHUNVWR2I¿FHUVLQ-0*6FDOH, 
1- fyfid ls vfèkdkjh dfu"B çcaèku Ldsy&I % 1382
(Seniority
(ofj"Brk Channel)
pSuy) 679
679 (Selectivity
(p;ukRed Channel)
pSuy) 2. Sub staff to Clerks : 1238
2- vèkhuLFk ls fyfid % 1238 $JH3UR¿OHRIWKH(PSOR\HHV
deZpkfj;ksa dh vk;q çksiQkby The average age of employees has come down over the
fiNys dqN o"kks± esa deZpkfj;ksa dh vkSlr vk;q de gks xbZ gSA fiNys years. The movement of cadre-wise average age in the
ikap o"kks± esa laoxZ&okj vkSlr vk;q dk fooj.k fuEukuqlkj gS% ODVW¿YH\HDUVLVDVXQGHU

dks vkSlr vk;q vfèkdkjh fyfid vèkhuLFk dqy Average age as on 2I¿FHU Clerical Sub- All
staff
31 ekpZ 2014 49.12 43.00 40.54 44.66
31st March’14 49.12 43.00 40.54 44.66
31 ekpZ 2015 48.22 41.08 38.79 43.13
31st March’15 48.22 41.08 38.79 43.13
31 ekpZ 2016 46.23 39.67 37.35 41.63
31st March’16 46.23 39.67 37.35 41.63
31 ekpZ 2017 44.25 38.68 36.56 40.39
31st March’17 44.25 38.68 36.56 40.39
31 ekpZ 2018 43.05 38.03 36.60 39.71 31st March’18 43.05 38.03 36.60 39.71
vkS|ksfxd lacaèk Industrial Relations
cSad esa vkS|ksfxd lacaèk lkSgknZiw.kZ jgs blfy, odZeSu ;wfu;u@vkWfiQlj Industrial relations in the Bank continued to be cordial with
,lksfl,'ku }kjk mBk, x, eqíksa ij rRdky è;ku fn;k tkrk gSA LVVXHV UDLVHG E\ :RUNPHQ 8QLRQ2I¿FHUV¶ $VVRFLDWLRQ
fofHkUu eqíksa ij ppkZ djus vkSj mUgsa lqy>kus ds fy, dne mBkus attended to immediately. Various meetings were held with
gsrq o"kZ ds nkSjku cgqer çkIr vfèkdkjh ,lksfl,'ku@odZeSu ;wfu;u ds WKH UHSUHVHQWDWLYHV RI WKH PDMRULW\ 2I¿FHUV¶ $VVRFLDWLRQ
Workmen Union during the year to discuss various issues
çfrfufèk;ksa ds lkFk fofoèk cSBdsa vk;ksftr dh tkrh gSaA and taking steps to resolve the same.
dk;ZLFky ij fofoèkrk Diversity at workplace
cSad ¶dk;ZLFky ij fofoèkrk¸ dks egRo nsrk gS rFkk fofoèk lewgksa The Bank values ‘Diversity at workplace’ and takes
vFkkZr~ efgyk] fodykax rFkk vuqlwfpr tkfr@vuqlwfpr tutkfr LQLWLDWLYHV IRU LGHQWLI\LQJ DQG IXO¿OOLQJ WKH GHYHORSPHQWDO

34

2 PNB Full AR 2017-18 7-68 130718.indd 34 13-Jul-18 4:27:17 PM

 deZpkfj;ksa ds fodkl dh vko';drkvksa dks igpkuus vkSj iwjk djus
ds fy, igy djrk gSA fofoèkrk lewg ds fodkl ds fy, fofHkUu
lEesyu@laxksf"B;ksa dk vk;kstu fd;k x;kA blds vfrfjDr] dk;ZLFky
ij fofoèkrk dks 'kkfey djus dh fn'kk esa] ean n`f"V (VI) l{ke
lkWÝVos;j rFkk lhch,l mi;ksxdrkZ çksiQkby cSad esa ykxw fd, x,
gSaA iSu bafM;k ds vkèkkj ij lHkh xaHkhj :i ls n`f"Vghu deZpkfj;ksa
dks lg;ksx rFkk çf'k{k.k çnku fd;k tk jgk gSA
foÙkh; o"kZ*18 ds nkSjku ubZ igysa
cSad bZ&yfuZax esa viuh rduhdh igy Hkh c<+k jgk gS tks
12-04-2016 dks ih,uch ;wfuo ds vkjaHk ds lkFk 'kq: gqvk tks LekVZ
iQksu ij ,sIi esa miyCèk gS vkSj blesa vkWfM;ks dh lgk;rk ls NksVs
ikB dks lfEefyr fd;k x;k gS] ih,uch ukWyst ikdZ] ,d Kku dks"k
ftlesa deZpkfj;ksa ds lansgksa dk rsth ls lekèkku ds fy, fofHkUu
fo"k;ksa ij lesfdr fn'kkfunZs'k 'kkfey gSa vkSj ih,uch lkjka'k ftlesa
foi.ku midj.k ds lkFk ÚaVykbu dks l'kÙkQ cukus ds fy, lHkh
çeq• cSafdax mRiknksa vkSj lsokvksa dk lkj 'kkfey gSA lkFk gh] vkLd
, Dos'pu uked ,d ubZ O;kogkfjdrk fodflr dh xbZ gS]
ftlesa deZpkjh ladk; lnL;ksa ls 24 ?kaVs Li"Vhdj.k çkIr djus ds
fy, vius lansg dks vkWuykbu j• ldrs gSaA
cSad esa vlsLesaV ÚseodZ 360 fMxzh vkjaHk fd;k x;k gS ftlds
ekè;e ls ,pvkj fo'ysf"kdh dk mi;ksx dj ekuo iwath ds b"Vre
mi;ksx ds fy, O;ogkfjd çfrLièkkZ dh igpku dh tk jgh gSA
çkS|ksfxdh] lks'ky ehfM;k] ubZ ih<+h dh ekufldrk vkSj vis{kk,a o
ekStwnk #>kuksa tSls fo"k;ksa ij ;qok deZpkfj;ksa ds lkFk ckrphr djus
ds fy, ,d ofj"B dk;Zikyd dks l{ke djus ds fy, egkçcaèkdksa
ds p;u gsrq fjolZ esUVfjax voèkkj.kk ykxw dh xbZA uoksn; esUVfjax
dk;ZØe muds dSfj;j ds egRoiw.kZ le; esa deZpkfj;ksa ds vksfj,aVs'ku
vkSj upZfjax gsrq fujarj tkjh gSA orZeku esa bl dk;ZØe ds rgr 3160
lykgdkjksa }kjk 5448 deZpkfj;ksa dk ekxZn'kZu fd;k tk jgk gSA
cSad us ,pvkj,e,l (ekuo lalkèku çcaèku ç.kkyh) ds ekè;e ls
bZ&MÔwVh 'khV uked vkWuykbu MÔwVh 'khV çcaèku ç.kkyh dh 'kq:vkr
djds deZpkfj;ksa dh MÔwVh vlkbuesaV dh çfØ;k dks fMftVy
fd;k gSA cSad esa lHkh Lrjksa ij bZ&MÔwVh 'khV ç.kkyh liQyrkiwoZd
dk;kZfUor dh xbZ gSA
cSad us deZpkjh lEc¼rk rFkk deZpkfj;ksa ds chp lacaèk dh Hkkouk
dks c<kusa ds Øe esa Øe'k% lkaLÑfrd vkSj •sy xfrfofèk;ksa ds lacaèk
esa ,d uhfr Hkh is'k dh gS A
çf'k{k.k xfrfofèk;ka
cSad esa mÙkjkfèkdkj ;kstuk ds ,d Hkkx ds :i esa rFkk ofj"B@'kh"kZ
dk;Zikyd xzsM vfèkdkfj;ksa ds chp çcaèku xq.koÙkk dks c<+kus ds
fy,] cSad us ,d dk;Zikyd fodkl dk;ZØe ,d çfrf"Br
çf'k{k.k laLFkku chD;w vdkneh }kjk vk;ksftr djok;k x;k ftlesa
45 Mhth,e vkSj th,e us Hkkx fy;k rFkk ,uvkbZch,e iq.ks esa ,th,e
ds fy, nks dk;ZØe vk;ksftr fd, x, ftuesa 84 ofj"B dk;Zikyd
'kkfey gq,A lh,llh us 11 çcaèku fodkl dk;ZØe Hkh vk;ksftr
fd, ftuesa 324 ofj"B vfèkdkfj;ksa dks çf'k{k.k fn;k x;k vkSj vU;
lHkh çf'k{k.k dsaæksa us vxys mPp dSMj esa inksUur fd, x, lHkh
deZpkfj;ksa ds fy, çcaèku fodkl dk;ZØe Hkh vk;ksftr fd;kA
2 PNB Full AR 2017-18 7-68 130718.indd 35
needs of the Diverse groups namely women, Differently
abled and SC/ST employees. Various conclaves/seminars
were conducted for development of diversity group.
Further, as a step towards promoting inclusion of diversity
at workplace, Visually Impaired (VI) Enabled software and
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Support and training is being provided to all severely
visually impaired employees on PAN India basis.
New Initiatives during FY’18
The Bank is also augmenting its technological initiatives
in e-learning which started with launch of PNB Univ.
on 12.04.2016, an App accessible on smart phones,
comprising of short lessons with audio support. This
was followed by ‘PNB Knowledge Park, a knowledge
repository covering consolidated guidelines on various
topics for faster resolution of doubts of the employees
and ‘PNB SARANSH’ containing gist of all major banking
products & services for empowering frontline with marketing
tools. Also, a new functionality named ‘Ask a Question’
has been developed wherein employees can place their
GRXEWVRQOLQHIRUJHWWLQJFODUL¿FDWLRQIURPIDFXOW\PHPEHUV
with turnaround time of 24 hours.
A 360 degree Competency Assessment Framework has
EHHQ LQWURGXFHG LQ WKH %DQN WKURXJK ZKLFK LGHQWL¿FDWLRQ
of behavioral competencies is being done for optimum
XWLOL]DWLRQRIKXPDQFDSLWDOXVLQJ+5DQDO\WLFV
Reverse Mentoring concept implemented for General
Managers to enable a Senior Executive to interact with
young employees on topics such as technology, social
media, new generation mindsets, expectations and current
trends. Navodaya Mentoring Program continues to provide
Orientation and Nurturing to employee at their crucial
career junctures. At present 5448 employees are being
mentored by 3160 mentors under this program.
%DQN KDV GLJLWDOL]HG WKH SURFHVV RI GXW\ DVVLJQPHQW WR
the employees by introduction of an online Duty Sheet
Management System titled ‘e- duty Sheet’ through Bank’s
HRMS (Human Resource Management System). The ‘e-
duty Sheet’ system has successfully been implemented
at all levels in the Bank.
The Bank also introduced a policy with regards to
Cultural & Sports Activities in order to enhance Employee
Engagement and to create a sense of belongingness
amongst employees.
Training Activities
As a part of succession planning in the Bank and to enhance
Management qualities amongst Senior/Top Executive
*UDGH 2I¿FHUV WKH %DQN RUJDQL]HG RQH ([HFXWLYH
Development Programme, from “BQ Academy” a reputed
training institute in which 45 DGMs and GMs participated.
Two programmes for AGMs were conducted at NIBM Pune
which was attended by 84 Senior Executives. CSC also
conducted 11 Management Development Programmes
LQ ZKLFK  6HQLRU 2I¿FLDOV ZHUH LPSDUWHG WUDLQLQJ DQG
all other Training Centres also conducted Management
Development Programmes for all the employees who were
promoted in next higher cadre.
35
13-Jul-18 4:27:17 PM
 cSad dh çf'k{k.k uhfr çR;sd o"kZ 60» deZpkfj;ksa dks çf'k{k.k çnku
djus dh ifjdYiuk djrh gSA bl mís'; dks iwjk djus dh fn'kk
esa foÙkh; o"kZ*18 ds nkSjku] cSad us vkarfjd çf'k{k.k ds ekè;e ls
91260 deZpkfj;ksa ds fy, 270213 Je fnuksa dk çf'k{k.k fn;k
x;kA blds vykok] ih,uchvkbZvkbZVh] y•uÅ (5732) vkSj Hkkjr
ds çfrf"Br laLFkkuksa esa 7186 odZeSu@vfèkdkfj;ksa dks 15616 Je
fnuksa dk çf'k{k.k fn;k x;k gSA dqN vfèkdkfj;ksa dks fons'kksa esa Hkh
çf'k{k.k çkIr gqvk gSA çf'k{k.k dsUæksa us foÙkh; o"kZ*18 esa ifj;kstuk
fiQusdy&v10 ekbxzs'ku ij lHkh ik=k deZpkfj;ksa dks çf'k{k.k fn;k gSA
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ds vuq:i] dk;kZRed {ks=kksa esa egRoiw.kZ ftEesnkfj;ksa dks laHkkyus ls
igys deZpkfj;ksa }kjk laLFkkuksa ls çek.ku ikBÔØe vfuok;Z :i ls
djuk gksxkA çek.ku ikBÔØeksa esa Hkkx ysus ds fy, cSad us Vªstjh]
tksf•e] ys•k vkSj ØsfMV ds {ks=kksa esa çkFkfedrk ij 119 ;ksX;
deZpkfj;ksa dks lwphc¼ fd;k gSA
vkWu&yksds'ku çf'k{k.k
342 vkWu&yksds'ku dk;ZØe vk;ksftr fd, x, gSa] ftlesa 11051
deZpkfj;ksa dks lkWÝV dkS'ky lfgr ÚaV ykbu LVkiQ vkSj ihVh,l]
,y,ih,l] ubZ vkbZVh igyksa] ,Mhlh ,oa eksckby cSafdax] ,uih,
çcaèku] ØsfMV jsfVax ij dk;ZØe] tksf•e ewY;kadu] bZ&uhykeh bR;kfn
esa çf'k{k.k fn;k x;k gSA
bZ&yfuZax
ih,uch ;wfuo] cSad dk fof'k"V bZ&yfuZax IysViQkeZ ns'k rFkk ns'k ds
ckgj dk;Zjr lHkh deZpkfj;ksa ds fy, 24X7 lqyHk gS_ ,d eksckby
,si Hkh ykWUp fd;k x;k gS tks lh•us dk ,d baVjSfDVo eksM gS
ftlesa fofHkUu iQksdl {ks=kksa tSls ØsfMV] fons'kh eqæk] •qnjk cSafdax]
lhch,l@vkbZVh] dsokbZlh] ,,e,y] chlh,lchvkbZ ekdZsfVax] tksf•e
çcaèku] ,uih, dk lekèkku vkfn cSafdax fo"k;ksa dks 'kkfey fd;k
x;k gSA ih,uch ;wfuo (bZ&yfuZax iksVZy) esa viMsV fd, x, dqy 20
ikBÔØe gSa ftuesa 122 fo"k;ksa ij 5169 LykbM gSaA 31&03&2018
dks dqy fof'k"V mi;ksxdrkZ 63]795 gSaA foÙkh; o"kZ*18 ds nkSjku dqy
68]643 ,si MkmuyksM fd, x, vkSj deZpkfj;ksa }kjk o"kZ ds nkSjku
dqy 26]25]048 fgV fd, x,A
Hkkoh fn'kk
foÙkh; o"kZ 2018 cSafdax m|ksx ds fy, ,d ?kVukiw.kZ o"kZ FkkA
fnokfy;k vkSj èku 'kksèku v{kerk lafgrk us mèkkj vkSj ½.k dh
laLÑfr dks cny fn;k gSA igys cM+s nckoxzLr •krksa dks lqy>k fn;k
x;k gS rFkk ,ulh,yVh@vkbZchlh fudV Hkfo"; esa ,sls vkSj lekèkkuksa
ds fy, vk'kk ds }kj •ksys gSaA
dkjksckj esa fLFkjrk rFkk ykHkçnrk esa lqèkkj ykus gsrq cSad foÙkh;
o"kZ*19 ds fy, iwath laj{k.k ds lkFk fodkl ij è;ku dsfUær dj
jgk gSA mPp nj de tksf•e Hkkfjr vkfLr;ksa ds xzkgdksa dks ½.k
çnku dj de iwath ds ekè;e ls dkjksckj dks c<+kus dh j.kuhfr gSA
cSad iwath c<+kus ds fy, dbZ vU; fodYiksa ij Hkh dke dj jgk gSA
nckoxzLr vkfLr;ksa dk 'kh?kz lekèkku] c<+rh vkfFkZd xfrfofèk] csgrj
xzkeh.k ekax dh vk'kk,a] vkSj foÙkh; ekikadksa esa lqèkkj ds lkFk ;g
mEehn dh tkrh gS fd foÙkh; o"kZ*19 cSafdax {ks=k ds fy, ykHk ds
ekeys esa csgrj gksxkA
vkxs c<+rs gq,] çeq• Hkwfedk dh iqf"V ds fy, cSad n{krk] ½.k
fuxjkuh] tksf•e çcaèku vkSj vkarfjd lalkèkuksa esa lqèkkj djus ds
ç;kl djsxkA
36
2 PNB Full AR 2017-18 7-68 130718.indd 36
Training Policy of the Bank envisages a training reach of
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objective, during the year FY’18, Bank imparted 2,70,213
man days training to 91,260 employees through in-house
training. In addition, 15,616 man days training has been
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(5732) and at reputed outside Institutes in India. A few
Executives have also received training overseas. Training
Centres have imparted training to all the eligible employees
on project Finacle-v.10 migration in FY’18.
Capacity building
In line with recommendations of the ‘Committee on Capacity
Building’ and on RBI and IBA directives, the employees
before assuming key responsibilities in the functional areas,
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the Institutes. The Bank shortlisted 119 eligible employees,
on priority, in the areas of Treasury, Risk, Accounts and
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On location Training
342 On-Location programmes have been conducted, in
which 11051 employees have been imparted training on
different modules, including Soft Skills for front line Staff
& PTS, LAPS, New IT Initiatives, programmes on ADC &
Mobile Banking, NPA Management, Credit Rating, Risk
assessment, e-Auction etc.
e-Learning
‘PNB UNIV, Bank’s exclusive e-learning platform is
accessible 24X7 to all employees across the country and
abroad. A mobile App has also been launched which is
an interactive mode of learning that covers banking topics
RQ YDULRXV IRFXV DUHDV YL] &UHGLW )RUHLJQ ([FKDQJH
Retail Banking, CBS/IT, KYC, AML, BCSBI Marketing,
Risk Management, Resolution of NPAs etc. Total courses
updated in PNB Univ (e-Learning portal) are 20 wherein
122 topics carry 5169 slides. Total Distinctive Users as on
31-03-2018 are 63,795. During the year FY’18 Total Apps
downloaded were 68,643 and total hits during the year by
the staff were 26,25,048.
Way Forward
The Financial year 2018 was an eventful year for the
Banking industry. The Insolvency and Bankruptcy Code
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large stressed Asset account has been resolved and
NCLT/IBC has opened the doors of hope for more such
resolutions in near future.
The Bank is focusing on “Growth with Capital
Conservation” for the FY’19 towards sustainable
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increase Business through less capital by lending to high
rated low Risk Weighted Assets (RWAs) customers. Bank
is also working on various other options for augmenting
capital. With faster resolutions of stressed assets, rising
economic activity, expectation of better rural demand and
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in terms of earnings for the banking sector.
Looking ahead, Bank’s endeavor will be to improve
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13-Jul-18 4:27:17 PM
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,yvksMhvkj lsch ) fofu;eu) esa ;FkkfufnZ"V 31 ekpZ 2018 dks lekIr gq, o"kZ ds fy;s fuxfer 'kklu dh 'krks± dk itkac uS'kuy cSad }kjk vuqikyu
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ijh{kk dh lajpuk esa l[rh ugha cjrh xbZ gSA çcUèku dh jk;] funs'kdksa dh fu;qfÙkQ] cksMZ dk lafoèkku vkSj ys•k ijh{kk lfefr cSafdax dEifu;k¡ ( miØeksa
dk vtZu ,oa varj.k) vfèkfu;e] 1970 o Hkkjrh; fjtoZ cSad ds MsfjosfVOl }kjk 'kkflr gSA
ge çekf.kr djrs gSa fd cSad fuxfer 'kklu ds layXu mi;ZqÙkQ lwphc¼ djkj@ lsch fofu;eu ds lHkh egRoiw.kZ iÞyqvksa dk bl gn rd vuqikyu djrk
gS fd blls cSaddkjh fofu;eu vfèkfu;e 1949 vkSj cSaddkjh dEiuh (miØeksa dk vtZu ,oa varj.k) vfèkfu;e 1970 dk mYya?ku ugha gksrk gS A
ge voxr djkrs gSa fd LVsdgksYMlZ fjys'kuf'ki lfefr }kjk j•s x, fjdkMks± ds vuqlkj cSad ds fo#¼ funs'kdksa dh ,d Hkh f'kdk;r ,d ekg ls vfèkd
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ge ;g Hkh lwfpr djrs gSa fd bl çdkj dk vuqikyu u rks cSad dh Hkkoh O;ogk;Zrk vkSj u gh çcaèku }kjk cSad dk dkedkt pykus esa mldh n{krk
vFkok çHkko'khyrk ds çfr dksbZ vk'oklu nsrk gSA

Ñrs lwjh ,aM dEiuh Ñrs ,lih,eth ,aM dEiuh Ñrs ,edsih,l ,aM ,lksfl,V~l
lunh ys•kdkj lunh ys•kdkj lunh ys•kdkj
,iQvkj,u 0042835,l ,iQvkj,u 509249lh ,iQvkj,u 302014bZ

(ih os.kqxksiky) (vons'k xqIrk) (çnhi dqekj ykB)

lk>snkj lk>snkj lk>snkj
lnL; la0 035034 lnL; la0 516769 lnL; la0 054130

Ñrs th ,l ekFkqj ,oa dEiuh Ñrs ,pMh,lth ,oa ,lksfl,V~l

lunh ys•kdkj lunh ys•kdkj
,iQvkj,u 008744,u ,iQvkj,u 008744,u

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37

2 PNB Full AR 2017-18 7-68 130718.indd 37 13-Jul-18 4:27:17 PM

 AUDITORS’ CERTIFICATE ON
CORPORATE GOVERNANCE
To the Members of Punjab National Bank
We have examined the compliance of conditions of Corporate Governance by Punjab National Bank for the year ended on March
31, 2018, as stipulated in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR Regulations’), as
applicable during the relevant year.
The compliance of conditions of Corporate Governance is the responsibility of the Management. Our examination was carried out in
DFFRUGDQFHZLWKWKH*XLGDQFH1RWHRQ&HUWL¿FDWLRQRI&RUSRUDWH*RYHUQDQFHLVVXHGE\WKH,QVWLWXWHRI&KDUWHUHG$FFRXQWDQWVRI
India, and was limited to procedures and implementation thereof, adopted by the Bank for ensuring the compliance of the conditions
RI&RUSRUDWH*RYHUQDQFH,WLVQHLWKHUDQDXGLWQRUDQH[SUHVVLRQRIRSLQLRQRQWKH¿QDQFLDOVWDWHPHQWVRIWKH%DQN
In our opinion and to the best of our information and according to the explanations given to us and subject to following:
Optimum combination of Independent Directors is not strictly adhered to in the composition of Board of Directors in terms of Regulation
17(1)(b) and Audit Committee in terms of Regulation 18(1)(b) of SEBI LODR Regulations 2015. In the opinion of the management,
appointment of Directors and constitution of the Board and the audit committee is governed by the Banking Companies (Acquisition
and Transfer of Undertakings) Act, 1970 and Reserve Bank of India Directives.
We certify that the Bank has, in all material aspects, complied with the conditions of Corporate Governance as stipulated in the above
mentioned SEBI Regulations to the extent these do not violate the Banking Regulation Act, 1949 and Banking companies (Acquisition
and Transfer of Undertakings ) Act, 1970.
We state that no investor grievance is pending for a period exceeding one month against the Bank as per the records maintained by
the Stakeholders Relationship Committee.
:HIXUWKHUVWDWHWKDWVXFKFRPSOLDQFHLVQHLWKHUDQDVVXUDQFHDVWRWKHIXWXUHYLDELOLW\RIWKH%DQNQRUWKHHI¿FLHQF\RUHIIHFWLYHQHVV
with which the Management has conducted the affairs of the Bank.

FOR SURI & CO. FOR SPMG & CO. FOR MKPS & ASSOCIATES
Chartered Accountants Chartered Accountants Chartered Accountants
Firm Regn. No. 004283S Firm Regn. No. 509249C Firm Regn. No.302014E

P Venugopal Avadesh Gupta Pradip Kumar Lath

Partner Partner Partner
(M.NO. 035034) (M.NO. 516769) (M.NO.054130)

FOR GS Mathur & CO. FOR HDSG & Associates

Chartered Accountants Chartered Accountants
Firm Regn. No.008744N Firm Regn. No.008744N

Rajiv Kumar Wadhawan Dalbir Singh Gulati

Partner Partner
(M.NO.091007) (M.NO.081024)

Place: New Delhi

Date: 15.05.2018

38

2 PNB Full AR 2017-18 7-68 130718.indd 38 13-Jul-18 4:27:25 PM

 fuxfer 'kklu ij fjiksVZ
Report on Corporate Governance

39

2 PNB Full AR 2017-18 7-68 130718.indd 39 13-Jul-18 4:27:37 PM

 fuxfer 'kklu lacaèkh fjiksVZ
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cSad fuos'kdksa ,oa vU; LVsdgksYMjksa dk fo'okl] ikjnf'kZrk dk mPp ekud fuèkkZfjr djus] dk;Z{kerk esa lqèkkj o laxBu dh çxfr ds fy, uSfrd
:i esa fo'okl djrk gSA cSad O;kolkf;drk o mÙkjnkf;Ro ij vkèkkfjr fuxfer 'kklu dh çFkkvksa dk dM+kbZ ls ikyu djus ds fy, çfrc¼ gSA
gekjk fuxfer <kapk dkjksckj] ifjpkyu ,oa çdVhdj.k dk;Z'kSyh mDr fuxfer 'kklu ds n'kZu ij iw.kZr;k vkèkkfjr gSA
cSad ,d fuxfer fudk; vkSj lwphc¼ bdkbZ gS vkSj bl çdkj ;g Hkkjrh; fjtoZ cSad (vkjchvkbZ)] cSafdax dEiuh (miØeksa dk vfèkxzg.k vkSj
gLrkarj.k) vfèkfu;e] 1970 (vfèkfu;e) vkSj lsch (lwphc¼rk nkf;Ro vkSj çdVhdj.k vko';drk,a) fofu;eu] 2015 }kjk vfèkfu;e vkSj
vkjchvkbZ fn'kkfunZs'kksa dk mYya?ku u fd, tkus dh lhek rd fofu;fer gksrk gSA
cSad dk funs'kd eaMy lHkh LVsdgksYMªksa tSls 'ks;jèkkjdksa] deZpkfj;ksa] xzkgdksa vkSj O;kid lekt ds ewY;ksa dk vuqdwyu djus dk ç;kl djrk gS A
2- funs'kd e.My
cksMZ dk xBu cSaddkjh fofu;e vfèkfu;e 1949 ds lac¼ çkoèkkuksa] cSaddkjh dEifu;ka (miØeksa dk vtZu ,oa varj.k) vfèkfu;e] 1970 ;Fkk
la'kksfèkr vkSj jk"Vªh;Ñr cSad (çcaèku ,oa fofoèk çkoèkku) ;kstuk] 1970] ;Fkkla'kksfèkr ds vuqlkj fd;k x;k gS A
2-1 31-03-2018 ds vuqlkj funs'kd eaMy dh lajpuk mudh fu;qfDr frfFk] Js.kh] vU; èkkfjr cksMZ fLFkfr bR;kfn fuEuor nh xbZ gS%
Ø- funs'kd dk uke fu;qfDr frfFk Js.kh cSad ds cksMZ dh mi vU; dEifu;ksa esa ys•k ijh{kk funs'kd
la- lfefr;ksa esa lnL;rk lfefr ,oa 'ks;jèkkjdksa@funs'kdksa }kjk èkkfjr
dh f'kdk;r lfefr dh 'ks;jksa dh
vè;{krk @ lnL;rk la-
1- Jh lquhy esgrk] xSj & 16-03-2017 xSj & dk;Zikyd 06 1) vkbZvkbZ,e,y ,lsV ,MokbZtjh 'kwU;
dk;Zikyd vè;{k çk- fy-
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funs'kd ,oa eq[; dk;Zikyd
vfèkdkjh
3 Jh ds oh czãkth jko 22-01-2014 dk;Zikyd 15 'kwU; 200
4 Jh latho 'kj.k 15-09-2016 dk;Zikyd 13 'kwU; 'kwU;
5 Jh ,y oh çHkkdj 01-03-2018 dk;Zikyd 16 'kwU; 'kwU;
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2 PNB Full AR 2017-18 7-68 130718.indd 40 13-Jul-18 4:27:37 PM

 Report on Corporate Governance
1. Corporate Governance Philosophy
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practices based on openness, professionalism and accountability.
Our corporate structure, business, operations and disclosure practices have been strictly aligned to the above Corporate
Governance Philosophy.
The Bank being a body corporate and a listed entity is regulated by Reserve Bank of India (RBI), The Banking Companies
(Acquisition and Transfer of Undertakings), Act, 1970 (The Act) and SEBI (Listing Obligations and Disclosure Requirements),
Regulations, 2015 to the extent these do not violate the Act and RBI guidelines.
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large.
2.. Board of Directors
The Board of the Bank is constituted in accordance with the provisions of the Banking Companies (Acquisition and Transfer of
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Regulation Act, 1949.
2.1 Composition of the Board of Directors as on 31.03.2018 with date of their appointment, category, other board positions
held etc. is given below:

S. Name of Director Date of Category of Membership/ Chairmanship / Membership No. of

No. Appointment Director Chairman ship of of Audit Committee and Shares
Sub-Committees Share-holders’ / Investors’ held by
of Board of the Grievance Committee in Director
Bank other Companies
1 Sh. Sunil Mehta 16.03.2017 Non-Executive 06 1) IIML Asset Advisers Pvt. Nil
Non-Executive Ltd.
Chairman
2 Sh. Sunil Mehta 05.05.2017 Executive 16 Nil Nil
Managing Director &
CEO
3 Sh. K. V. Brahmaji Rao 22.01.2014 Executive 15 Nil 200
4 Sh. Sanjiv Sharan 15.09.2016 Executive 13 Nil Nil
5 Sh. L. V. Prabhakar 01.03.2018 Executive 16 Nil Nil
6 Sh. Ravi Mital 04.07.2017 Non-Executive 11 1) General Insurance Co Ltd Nil
*RYWRI¿FLDO
Director)
7 Dr. Rabi N. Mishra 26.04.2016 Non-Executive 05 Nil Nil
5%,RI¿FLDO
Director)
8 Sh. Mahesh Baboo 05.08.2016 Non-Executive 08 Nil Nil
Gupta (CA Director)
9 Ms. Hiroo Mirchandani 02.05.2015 Shareholder 05 1) TataTeleservices 200
Director (Maharashtra) Ltd.
2)Tata Communications
Payment Solutions Ltd.
3)Religare Health Insurance
Co. Ltd.
4)Roots Corp. Ltd.
5) DFM Foods Ltd.
10 Sh. Sudhir Nayar 19.12.2015 Shareholder 08 1) SML ISUZU Ltd. 200
Director
11 Sh. Sanjay Verma 15.06.2017 Shareholder 05 Nil 100
Director
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https://www.pnbindia.in/Regulatory.html

41

2 PNB Full AR 2017-18 7-68 130718.indd 41 13-Jul-18 4:27:37 PM

 2-2 o"kZ ds nkSjku fuEufyf•r lnL; funs'kdksa dk dk;Zdky lekIr gqvk %
Øe funs'kd dk uke funs'kd dh Js.kh lekiu frfFk dkj.k
la0
1 lqJh m"kk vuarlqczã.;u çcaèk funs'kd ,oa lhbZvks 05.05.2017 Mh,iQ,l }kjk çfrLFkkfir
2 MkW- jke ,l laxkiwjs dk;Zdkjh vfèkdkjh 28.02.2018 vfèkof"kZrk ij lsokfuo`r
3 Jh vfuy dqekj •kph xSj dk;Zikyd 04.07.2017 Mh,iQ,l }kjk çfrLFkkfir
(ljdkjh vfèkdkjh funs'kd)
2-3 foÙkh; o"kZ esa vk;ksftr cksMZ dh cSBdksa dk C;kSjk
Øe cSBd dh frfFk cksMZ esa funs'kdksa dh dqy la[;k cSBd esa mifLFkr funs'kdksa dh la[;k
la0
1 12.04.2017 10 10
2 26.04.2017 10 10
3 15.05.2017 10 10
4 16.05.2017 10 10
5 09.06.2017 10 9
6 28.06.2017 10 9
7 01.08.2017 11 10
8 02.08.2017 11 9
9 29.08.2017 11 11
10 27.09.2017 11 10
11 02.11.2017 11 11
12 03.11.2017 11 11
13 27.11.2017 11 10
14 28.12.2017 11 10
15 05.02.2018 11 11
16 06.02.2018 11 10
17 16.02.2018 11 11
18 26.02.2018 11 11
19 28.03.2018 11 11
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Øe funs'kd dk uke o"kZ ds nkSjku vk;ksftr ftruh cSBdksa esa fiNyh vke okf"kZd
la- cSBdksa dh la[;k mifLFkr gq, cSBd esa mifLFkfr
1- Jh lquhy esgrk] xSj & dk;Zikyd vè;{k 19 18 gk¡
2- Jh lquhy esgrk] ,eMh ,oa lhbZvks 17 17 gka
3- lqJh m"kk vuarlqczã.;u 02 02 ykxw ugha
4- Jh ds oh czãkth jko 19 18 gka
5- MkW jke ,l laxkiwjs 18 18 gk¡
6- Jh latho 'kj.k 19 17 gk¡
7- Jh ,y oh çHkkdj 01 01 ykxw ugha
8- Jh vfuy dqekj •kph 06 05 ugha
9- Jh jfo feÙky 13 11 ykxw ugha
10- MkW jch ,u feJk 19 18 ugha
11- Jh egs'k ckcw xqIrk 19 19 gk¡
12- lqJh gh# ehjpUnkuh 19 18 gk¡
13- Jh lqèkhj uk;j 19 19 gk¡
14- Jh lat; oekZ 13 13 ugha
ykxw ugha % mfpr vofèk ds nkSjku funs'kd ugha Fks A

42

2 PNB Full AR 2017-18 7-68 130718.indd 42 13-Jul-18 4:27:38 PM

 2.2 The following members ceased to be the Directors during the year:

S. Name of Director Category of Director Date of Reason

No. cessation
1 Smt.Usha Ananthasubramanian Managing Director & CEO 05.05.2017 Replaced by DFS
2 Dr. Ram S Sangapure Executive 28.02.2018 Retired on Superannuation
3 Sh. Anil Kumar Khachi Non–Executive 04.07.2017 Replace by DFS
*RYW2I¿FLDO'LUHFWRU
2.3 Board meetings were held during the year as per details given below:

S. Date of the Meeting Total No. of Directors on the Board No. of Directors present in the meeting
No.
1 12.04.2017 10 10
2 26.04.2017 10 10
3 15.05.2017 10 10
4 16.05.2017 10 10
5 09.06.2017 10 9
6 28.06.2017 10 9
7 01.08.2017 11 10
8 02.08.2017 11 9
9 29.08.2017 11 11
10 27.09.2017 11 10
11 02.11.2017 11 11
12 03.11.2017 11 11
13 27.11.2017 11 10
14 28.12.2017 11 10
15 05.02.2018 11 11
16 06.02.2018 11 10
17 16.02.2018 11 11
18 26.02.2018 11 11
19 28.03.2018 11 11
2.4 The total number of Board meetings & last Annual General Meeting (AGM) attended by Directors during the Financial
Year are as under:

S. Name of Director Board Meetings held Board Meetings Attendance in

No. during their tenure attended last AGM
1 Sh. Sunil Mehta, Non-Executive Chairman 19 18 Yes
2 Sh. Sunil Mehta, MD & CEO 17 17 Yes
3 Ms. Usha Ananthasubramanian 02 02 N.A.
4 Sh. K. V. Brahmaji Rao 19 18 Yes
5 Dr. Ram S. Sangapure 18 18 Yes
6 Sh. Sanjiv Sharan 19 17 Yes
7 Sh. L. V. Prabhakar 01 01 N.A.
8 Sh. Anil Kumar Khachi 06 05 No
9 Sh. Ravi Mital 13 11 N.A.
10 Dr. Rabi N. Mishra 19 18 No
11 Sh. Mahesh Baboo Gupta 19 19 Yes
12 Ms. Hiroo Mirchandani 19 18 Yes
13 Sh. Sudhir Nayar 19 19 Yes
14 Sh. Sanjay Verma 13 13 No
N.A.: Not a director during the relevant period.

43

2 PNB Full AR 2017-18 7-68 130718.indd 43 13-Jul-18 4:27:38 PM

 2-5 foÙkh; o"kZ ds nkSjku fu;qDr funs'kdksa dk laf{kIr çksiQkby
fuEuor gS %
Jh lquhy esgrk
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ds :i esa dk;ZHkkj xzg.k fd;k FkkA bUgksaus Ñf"k esa LukrdksÙkj] foÙk esa
,ech, vkSj lfVZiQkbM ,lksfl,V vkWiQ bafM;u bafLVVÔwV vkWiQ cSadlZ
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vapy dk;kZy;ksa vkSj çèkku dk;kZy; Lrj ij fofHkUu ç'kklfud vkSj
dk;kZRed {kerkvksa esa 35 ls vfèkd o"kks± dk le`¼ vuqHko gSA bUgksaus
vius cSafdax dfj;j dh 'kq#vkr ,d Ñf"k iQhYM vfèkdkjh ds :i
esa 1982 esa bykgkckn cSad esa dh FkhA
,eMh ,oa lhbZvks ds in ij dk;ZHkkj xzg.k djus ls iwoZ vki
dkWikZsjs'ku cSad ds dk;Zikyd funs'kd FksA
Jh ,y oh çHkkdj
Jh ,y oh çHkkdj us fnukad 01-03-2018 dks iatkc uS'kuy cSad
ds dk;Zikyd funs'kd ds :i esa dk;ZHkkj xzg.k fd;k gSA bUgksaus
Ñf"k esa LukrdksÙkj vkSj lfVZiQkbM ,lksfl,V vkWiQ bafM;u bafLVVÔwV
vkWiQ cSadlZ (lh,vkbZvkbZch) dh ijh{kk Hkh mÙkh.kZ dh gSA buds ikl
jk"Vªh;Ñr cSadksa dk 32 ls vfèkd o"kks± dk vuqHko gSA
Jh jfo feÙky
Jh jfo feÙky chbZ] ,e fiQy dks fnukad 04-07-2017 ls vxys vkns'k
rd funs'kd ds :i esa ukfer fd;k x;k gSA buds ikl fofHkUu inksa
ij 32 o"kks± ls vfèkd dk ç'kklfud vuqHko gSA
Jh lat; oekZ
Jh lat; oekZ] ch,llh (xf.kr)] ,ech, dks 'ks;jèkkjd funs'kd ds
:i esa fnukad 15-06-2017 dks rhu lky ds fy, fuokZfpr fd;k x;k
gSA os ebZ 1999 ls vkbZvkbZ,e vgenkckn esa ,lksfl,V çksiQslj jgsA
vkbZvkbZ,e vgenkckn esa Tokbu djus ls iwoZ] os tsfo;j baLVhVÔwV
vkWiQ eSustesaV] Hkqous'oj esa vDVwcj 1991 ls ebZ 1993 rd ,lksfl,V
çksiQslj FksA og vxLr 2013 ls vxLr 2016 rd iatkc ,aM flaèk
cSad ds Lora=k funs'kd jgsA
3- cksMZ dh mi lfefr;k¡
Hkkjrh; fjtoZ cSad@lsch@dkWikZsjsV ç'kklu vkSj tksf•e çcaèku ij Hkkjr
ljdkj ds fn'kkfunZs'kksa ds lanHkZ esa dk;Zuhfrd egRo ds fofHkUu
{ks=kksa dks ns•us ds fy, cSad ds funs'kd eaMy }kjk funs'kdksa vkSj@;k
vfèkdkfj;ksa dh fofHkUu mi&lfefr;ksa dk xBu fd;k gSA
3-1 cksMZ dh ys•k&ijh{kk lfefr (,lhch)
Hkkjrh; fjtoZ cSad ds ifji=k la0-Mhvks,l l0- chlh@3@08-91-020@97
fnukad 20-01-97] vkSj Hkkjrh; fjtoZ cSad dh vU; ekStwnk fn'kkfunZs'kksa
vkSj lsch (,yvksMhvkj) fofu;eu] 2015 dh vis{kkuqlkj cSad }kjk
cksMZ dh ys•kijh{kk lfefr (,-lh-ch-) dk xBu fd;k x;k gSA lfefr
ds eq[; dk;Z fuEuor gSa%&
y funZs'k nsuk ,oa laxBu] lapkyu] vkarfjd ys•k ijh{kk dh
xq.koÙkk fu;a=k.k lfgr cSad ds lexz ys•k ijh{kk dk;ks± dh
fuxjkuh o cSad dh lkafofèkd@cká ys•k ijh{kk dk;ks± ,oa
Hkkjrh; fjtoZ cSad ds fujh{k.k ds lacaèk esa vuqorhZ dkjZokbZ
djukA
44
2 PNB Full AR 2017-18 7-68 130718.indd 44
 %ULHI3UR¿OHRI'LUHFWRUVDSSRLQWHGGXULQJWKH)LQDQFLDO
Year is given below:
Sh. Sunil Mehta
6KUL 6XQLO 0HKWD KDV DVVXPHG WKH RI¿FH DV 0DQDJLQJ
Director & CEO on 05.05.2017. He is a Post Graduate
LQ$JULFXOWXUH0%$LQ)LQDQFHDQGD&HUWL¿HG$VVRFLDWH
of Indian Institute of Bankers (CAIIB). He has over 35
years of rich experience in various administrative and
IXQFWLRQDO FDSDFLWLHV DW %UDQFKHV =RQDO 2I¿FHV DQG
DOVR DW WKH +HDG 2I¿FH OHYHO +H VWDUWHG KLV EDQNLQJ
FDUHHUDVDQ$JULFXOWXUH)LHOG2I¿FHUDW$OODKDEDG%DQN
in 1982.
Prior to assuming the position of MD & CEO, he was
Executive Director of Corporation Bank.
Sh. L. V. Prabhakar
6KUL/93UDEKDNDUKDVDVVXPHGWKHRI¿FHDV([HFXWLYH
Director of Punjab National Bank on 01.03.2018. He holds
D0DVWHU¶V'HJUHHLQ$JULFXOWXUHDQGD&HUWL¿HG$VVRFLDWH
of Indian Institute of Bankers (CAIIB). He has over 32
\HDUVRIH[SHULHQFHLQ1DWLRQDOL]HG%DQN
Shri Ravi Mital
Shri Ravi Mital, B.E., M. Phil, was nominated as Director
w.e.f. 04.07.2017 till further orders. He has over 32 years
of Administrative experience in various capacities.
Shri Sanjay Verma
Shri Sanjay Verma, B.Sc.(Maths), MBA was elected as
Shareholder Director on 15.06.2017 for a period of three
years. He is Associates Professor at IIM Ahmedabad
since May 1999. Prior to joining IIM, Ahmedabad, he was
Associate Professor at Xavier Institute of Management,
Bhubneswar from Oct 1991 to May 1993. He was
independent Director of Punjab & Sind Bank from August
2013 to August 2016.
3. Sub-Committees of the Board
The Board of Directors of the Bank has constituted various
Sub-Committees of Directors and / or Executives to look into
different areas of strategic importance in terms of Reserve
Bank of India / SEBI / Government of India guidelines on
Corporate Governance and Risk Management.
3.1 Audit Committee of the Board (ACB)
The Audit Committee of the Board (ACB) has been
constituted by the Bank in terms of Reserve Bank of India
(RBI) circular No.DOS. No. BC/3/08.91.020/97 dated
20.01.97, and other extant guidelines of RBI and as
required under SEBI (LODR) Regulations 2015. The main
functions of the Committee are as under:-
y Providing direction and overseeing the total audit
IXQFWLRQ RI WKH %DQN LQFOXGLQJ WKH RUJDQL]DWLRQ
operationalisation, quality control of internal audit
and inspection and follow up on the statutory/
external audit of the Bank and inspections of RBI.
13-Jul-18 4:27:38 PM
 y frekgh @okf"kZd foÙkh; LVsVesaVksa o fjiksVks± ds lacaèk esa dsUæh;
lkafofèkd ys•k ijh{kdksa ls fopkj&foe'kZ djuk vkSj ykax iQkeZ
vkWfMV fjiksVZ esa mBk, x, leLr ekeyksa ij vuqorhZ dkjZokbZ
djukA
y cSad ds vkarfjd fujh{k.k@ys•k ijh{kk lacaèkh dk;ks± & vuqorhZ
dkjZokbZ ds :i esa ç.kkyh] xq.koÙkk ,oa çHkko'khyrk dh
leh{kk djukA
y ;g lqfuf'pr djus ds fy, foÙkh; fooj.k lgh] i;kZIr vkSj
fo'oluh; gS] cSad dh foÙkh; fjiksfVZax çfØ;k dh fuxjkuh
vkSj bldh foÙkh; lwpukvksa dk çdVhdj.kA
y To interact with Statutory Central Auditors in respect
of approval of quarterly/annual Financial Statements
and Reports and also follow up on all the issues
raised in the Long Form Audit Report.
y To review the internal inspection/Audit function of
the Bank – the system, its quality and effectiveness
in terms of follow up.
y 2YHUVHHLQJ WKH %DQN¶V ¿QDQFLDO UHSRUWLQJ SURFHVV
DQG WKH GLVFORVXUH RI LWV ¿QDQFLDO LQIRUPDWLRQ WR
HQVXUH WKDW WKH ¿QDQFLDO VWDWHPHQWV DUH FRUUHFW
VXI¿FLHQWDQGFUHGLEOH

y ys[kk uhfr;ksa esa ifjorZu rFkk cksMZ dks vuqeksnukFkZ çLrqr djus
ls iwoZ] çcaèku ds lkFk] okf"kZd foÙkh; fooj.kksa vkSj ys•k
uhfr;ksa esa ifjorZu dh leh{kk djukA
y lEc¼ ikVhZ VªktsD'kuksa dh leh{kkA
y lkoZtfud {ks=k ds cSdksa ds ekStwnk ykxw lsch (,yvksMhvkj)
fofu;eu] 2015 dh 'krkZuqlkj dk;Z dk fuiVku djukA
dEiuh lfpo lsch (,yvksMhvkj) fofu;eu] 2015 dh fofu;e
18(1) (bZ) dh 'krkZuqlkj lfefr ds lfpo ds #i esa dk;Z djrs
gSaA
y To review with the Management, the Annual
Financial Statements and auditors’ report thereon
before submission to the Board for approval and
also about the changes in the Accounting Policies.
y To review related party transactions.
y To discharge the functions in terms of the SEBI
(LODR) Regulations, 2015 to the extent applicable
to Public Sector Banks.
The Company Secretary acts as Secretary to the
Committee in terms of Regulation 18 (1) (e) of SEBI
(LODR) Regulations, 2015.

31-03-2018 dh fLFkfr ds vuqlkj lfefr dh lajpuk Composition of the Committee as on 31.03.2018:

1- Jh lqèkhj uk;j & lfefr ds vè;{k 1. Sh. Sudhir Nayar - Chairman of the Committee

2- Jh ,y oh çHkkdj 2. Sh. L. V. Prabhakar

3- Jh jfo feÙky 3. Sh. Ravi Mital

4- MkW jch ,u- feJk 4. Dr. Rabi N. Mishra

5- Jh egs'k ckcw xqIrk 5. Sh. Mahesh Baboo Gupta

foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa ds C;kSjs % Details of meetings held during the Financial Year:

Ø- cSBd dh rkjh• lfefr esa cSBd esa mifLFkr S. Date of the Total No. of No. of Directors
la- funs'kdksa dh dqy funs'kdksa dh No. Meeting Directors of present in the
la[;k la[;k the Committee Meeting
1. 26.04.2017 05 04 1. 26.04.2017 05 04
2. 15.05.2017 05 05 2. 15.05.2017 05 05
3. 16.05.2017 05 05 3. 16.05.2017 05 05
4. 28.06.2017 05 04 4. 28.06.2017 05 04
5. 01.08.2017 05 04 5. 01.08.2017 05 04
6. 28.08.2017 05 04 6. 28.08.2017 05 04
7. 27.09.2017 05 04 7. 27.09.2017 05 04
8. 02.11.2017 05 04 8. 02.11.2017 05 04
9. 03.11.2017 05 05 9. 03.11.2017 05 05
10. 27.11.2017 05 04 10. 27.11.2017 05 04
11. 04.12.2017 05 03 11. 04.12.2017 05 03
12. 27.12.2017 05 03 12. 27.12.2017 05 03
13. 05.02.2018 05 05 13. 05.02.2018 05 05
14. 06.02.2018 05 05 14. 06.02.2018 05 05
15. 26.02.2018 05 04 15. 26.02.2018 05 04
16. 27.03.2018 05 03 16. 27.03.2018 05 03

45

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 foÙkh; o"kZ ds nkSjku lnL;&funs'kdksa }kjk cSBdksa esa Hkkx ysus No. of meetings attended by Member-Directors during
dh la[;k the Financial Year:

Ø- funs'kd dk uke dk;Zdky ds fdruh Sl. Name of Director Meetings Meetings

la- nkSjku vk;ksftr cSBdksa esa No. held during attended
their tenure
cSBdksa dh la[;k mifLFkr gq,
16 16 1. Sh. Sudhir Nayar 16 16
1- Jh lqèkhj uk;j
2- Jh ds oh czãkth jko 15 14 2. Sh. K. V. Brahmaji Rao 15 14
3- Jh ,y oh çHkkdj 01 -- 3. Sh. L. V. Prabhakar 01 --
4 Jh vfuy dqekj •kph 04 03 4. Sh. Anil Kumar Khachi 04 03
5 MkW jch ,u- feJk 16 14 5. Dr. Rabi N. Mishra 16 14
6 Jh jfo feÙky 12 04 6. Sh. Ravi Mital 12 04
7 Jh egs'k ckcw xqIrk 16 16 7. Sh. Mahesh Baboo Gupta 16 16
3-2 tksf•e çcaèku lfefr 3.2 Risk Management Committee

tksf•e çcUèku lfefr (vkj,elh) tksf•e çcUèku ij Hk-fj-cSad Risk Management Committee (RMC) has been constituted
i=k la- MhchvksMh la-chih- BP&520@21-04-103@2002&03 fnukd as per RBI letter DBOD No. BP-520/21.04.103/2002-03
dated 12.10.2002 on risk management and Regulation
12-10-2002 lsch fofu;eu (,yvksMhvkj)] 2015 ds vuqlkj xfBr 20 of SEBI (LODR) Regulations 2015. The committee
dh xbZ gSA lfefr cSad ds leLr tksf•e ds çcUèku ds fy, has overall responsibility of managing entire risk of the
mÙkjnk;h gS] cSad dh tksf•e çcUèku ikWfylh ;kstuk cukrh gS ftlesa bank, devising suitable risk management policy including
½.k] ekdZsV rFkk vkWijs'kuy fjLd] fjLd bafVxzs'ku] mÙke tksf•e credit, market and operational risks, risk integration,
çcUèku çsfDVl dks fØ;kafor rFkk cSad dh fofHkUu tksf•e lhekvksa implementation of best risk management practices and
dks fuèkkZfjr djrh gSA setting up various risk limits of the bank.
Composition as on 31.03.2018:
31-03-2018 dh fLFkfr ds vuqlkj lajpuk
1. Sh. Sunil Mehta, Non-Executive Chairman -
1- Jh lquhy esgrk] xSj & dk;Zikyd vè;{k & lfefr ds vè;{k Chairman of the Committee
2- Jh lquhy esgrk] ,eMh ,oa lhbZvks 2. Sh. Sunil Mehta, MD & CEO
3- Jh ds oh czãkth jko 3. Sh. K. V. Brahmaji Rao
4- Jh latho 'kj.k 4. Sh. Sanjiv Sharan
5- Jh ,y oh çHkkdj 5. Sh. L. V. Prabhakar
6- Jh egs'k ckcw xqIrk 6. Sh. Mahesh Baboo Gupta
7- Jh lqèkhj uk;j 7. Sh. Sudhir Nayar
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa esa lnL; & funs'kdksa ds No. of meetings attended by Member-Directors during
mifLFkr gksus dh la[;k the Financial Year:

Ø la- funs'kd dk uke dk;Zdky ds ftruh S. Name of Director Meetings Meetings

nkSjku vk;ksftr cSBdksa esa No. held during attended
cSBdksa dh la[;k mifLFkr gq, their tenure
1- Jh lquhy esgrk 05 04 1. Sh. Sunil Mehta, Non- 05 04
xSj & dk;Zikyd vè;{k Executive Chairman

2- Jh lquhy esgrk 05 04 2. Sh. Sunil Mehta, MD & 05 04

CEO
,eMh ,oa lhbZvks
3- Jh ds oh czãkth jko 05 04 3. Sh. K. V. Brahmaji Rao 05 04

4- MkW- jke ,l-laxkiwjs 04 04 4. Dr. Ram S Sangapure 04 04

5- Jh latho 'kj.k 05 05 5. Sh. Sanjiv Sharan 05 05

6- Jh ,y oh çHkkdj 01 -- 6. Sh. L. V. Prabhakar 01 --
7- Jh egs'k ckcw xqIrk 05 05 7. Sh. Mahesh Baboo Gupta 05 05
8- lqJh gh# ehjpUnkuh 03 03 8. Ms Hiroo Mirchandani 03 03
9- Jh lqèkhj uk;j 02 02 9. Sh. Sudhir Nayar 02 02

46

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 3-3 LVsdgksYMj fjys'kuf'ki desVh 3.3 Stakeholders’ Relationship Committee

lfefr lsch fofu;eu (,yvksMhvkj)] 2015 ds fofu;e 20 dh The Committee has been constituted in terms of Regulation
'krkZuqlkj xfBr dh xbZ gSA lfefr 'ks;jèkkjdksa vkSj ckaMèkkjdksa dh 20 of SEBI (LODR) Regulations, 2015. The Committee
looks into the mechanism of redressal of grievances of
f'kdk;rksa dh fuxjkuh vkSj mudk fuiVku rFkk vU; lqj{kk èkkjdksa
shareholders, bondholders and other security holders.
dks ns•rh gS A
Composition as on 31.03.2018:
31-03-2018 dh fLFkfr ds vuqlkj lajpuk
1. Ms. Hiroo Mirchandani - Chairperson of the
1- lqJh gh# ehjpUnkuh & lfefr dh vè;{k Committee
2- Jh ds oh czãkth jko 2. Sh. K. V. Brahmaji Rao
3- Jh ,y oh çHkkdj 3. Sh. L. V. Prabhakar
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa esa lnL;&funs'kdksa dh No. of meetings attended by Member-Directors during
mifLFkfr dh la[;k the Financial Year:

Ø- funs'kd dk uke dk;Zdky ds ftruh S Name of Director Meetings Meetings

la- nkSjku vk;ksftr cSBdksa esa No. held during attended
cSBdksa dh la[;k mifLFkr gq, their tenure
1 lqJh gh# ehjpUnkuh 01 01 1. Ms. Hiroo Mirchandani 01 01
2 Jh ds oh czãkth jko 06 05 2. Sh. K. V. Brahmaji Rao 06 05
3 Mk- jke ,l laxkiwjs 06 06 3. Dr. Ram S. Sangapure 06 06
4 Jh ,y oh çHkkdj -- -- 4. Sh. L. V. Prabhakar -- --
5 Jh lqèkhj uk;j 05 05 5. Sh Sudhir Nayar 05 05

Jh cychj flag] daiuh lfpo dks lsch fofu;eu (,yvksMhvkj) Shri Balbir Singh, Company Secretary, is the Compliance
2015 ds fofu;e 6(1) ds vuqlj.k esa vuqikyuk vfèkdkjh gSa A 2I¿FHU LQ WHUPV RI 5HJXODWLRQ   RI 6(%, /2'5
Regulations, 2015.
o"kZ ds nkSjku 'ks;jèkkjdksa@ckaMèkkjdksa ls çkIr f'kdk;rksa dh Status of Shareholders’/bondholders’ complaints
fLFkfr % received during the year:

o"kZ 2017&18 ds nkSjku çkIr f'kdk;rksa dh dqy la[;k & 09 Total no. of complaints received during 2017-18 – 09

'ks;jèkkjdksa dh larqf"V rd f'kdk;rksa dk fuiVku u gksus dh la[;k No. of complaints not resolved to the satisfaction of
shareholders – Nil
& 'kwU;
No. of complaints pending as on 31.03.2018 -- Nil
fnukad 31-03-2018 rd yfEcr f'kdk;rksa dh la[;k & 'kwU;
3.4 Nomination Committee
3-4 ukekadu lfefr
The Nomination committee has been constituted as per
fofu;e 19 ds lsch fofu;eu (,yvksMhvkj)] 2015 rFkk vkjchvkbZ Regulation 19 of SEBI (LODR) Regulations, 2015 and
i=k la0-46&47@29-39-01@2007&08 fnukad 01-11-2007 ds vkèkkj ij RBI letter No. 46&47/29.39.01/2007-08 dated 01.11.2007
cSad ds cksMZ ds fy, 'ks;jèkkjd funs'kdksa ds pquko ds fy, ukekadu WR GHWHUPLQH WKH IXO¿OOPHQW RI C¿W DQG SURSHU¶ FULWHULD LQ
çLrqr djus okys mEehnokjksa ds lEcUèk esa ¶mi;qDr rFkk leqfpr¸ respect of candidates submitting nominations for election
ekudksa dk vuqikyu lqfuf'pr djus ds fy, vkSj pquko vk;ksftr as Shareholder Director(s) on the Board of Bank, as and
when elections are held.
djus gsrq ukekadu lfefr xBu fd;k x;k gSA
Composition as on 31.03.2018:
31-03-2018 dh fLFkfr vuqlkj lajpuk
1. Sh. Sunil Mehta, Non-Executive Chairman -
1- Jh lquhy esgrk xSj & dk;Zikyd vè;{k & lfefr ds vè;{k Chairman of the Committee
2- Jh jfo feÙky 2. Sh. Ravi Mital
3- Jh egs'k ckcw xqIrk 3. Sh. Mahesh Baboo Gupta
4- Jh lqèkhj uk;j 4. Sh. Sudhir Nayar
foÙkh; o"kZ 2017&18 ds nkSjku vk;ksftr ukekadu lfefr dh ,d One meeting of the Nomination Committee was held
cSBdA during 2017-18.

47

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 foÙkh; o"kZ ds nkSjku lnL;&funs'kdksa dh cSBdksa esa mifLFkfr No. of meetings attended by Member-Directors during
la[;k% the Financial Year:

Øe funs'kd ds uke dk;Zdky ds cSBdksa esa S Name of Director Meetings Meetings

la- nkSjku vk;ksftr mifLFkfr No. held during attended
their tenure
cSBdksa dh la[;k
1- Jh lquhy esgrk xSj & 01 01 1. Sh. Sunil Mehta, Non- 01 01
Executive Chairman
dk;Zikyd vè;{k
2- Jh vfuy dqekj •kph 01 -- 2. Sh. Anil Kumar Khachi 01 --
3- Jh egs'k ckcw xqIrk 01 01 3. Sh. Mahesh Baboo Gupta 01 01
4- Jh lqèkhj uk;j 01 01 4. Sh. Sudhir Nayar 01 01
3-5 cksMZ dh ikfjJfed lfefr 3.5 Remuneration Committee
ljdkj }kjk fnukad 25-11-2013 ds i=kkpkjksa }kjk fuèkkZfjr xq.kkRed vkSj The Committee constituted as per SEBI (LODR)
ek=kkRed iSjkehVjksa ds vkèkkj ij] lfefr cSad ds çcUèk funs'kd rFkk Regulations, 2015, reviews performance of the whole-time
directors to decide payment of incentive for MD & CEO
dk;Zikyd funs'kdksa ds çksRlkgu ds Hkqxrku ds fu.kZ; gsrq iw.kZdkfyd
and Executive Directors based on the qualitative and
funs'kdksa dh leh{kk djrh gSA cSad ds iw.kZdkfyd funs'kdksa dk quantitative parameters prescribed by Government of India
ikfjJfed ,evks,iQ fn'kkfunZs'kksa }kjk 'kkflr gSA Mh,iQ,l] ,evks,iQ vide its communication dated 25.11.2013. Remuneration
}kjk muds i=k fnukad 18-08-2015 ds ekè;e ls fn'kkfunZs'kksa dks of Bank’s Whole Time Directors is governed by MoF
ifjofrZr fd;k x;k vkSj ;g lwfpr fd;k x;k fd bldk dk;Zfu"iknu guidelines. The guidelines were changed by DFS, MoF
lfpo (foÙkh; lsok) }kjk ewY;kafdr fd;k tk,xkA blds vfrfjDr] vide their letter dated 18.08.2015 and it was informed that
the performance will be evaluated by Secretary (Financial
;g lykg nh xbZ fd ih,lch ds lh,eMh@,eMh ,oa lhbZvks@bZMh Services). Further, it was advised that the incentive
ds fy, çksRlkgu lajpuk fopkjkèkhu gS vkSj bUgsa ;Fkk le; lwfpr structure to CMDs/MD & CEO/EDs of PSBs is under
fd;k tk,xkA consideration and will be advised in due course.
31-03-2018 dh fLFkfr vuqlkj lajpuk Composition as on 31.03.2018:
1- Jh lquhy esgrk xSj & dk;Zikyd vè;{k & 1. Sh. Sunil Mehta, Non-Executive Chairman -
lfefr ds vè;{k Chairman of the Committee
2- Jh jfo feÙky 2. Sh. Ravi Mital
3- MkW jch ,u- feJk 3. Dr. Rabi N. Mishra
4- Jh lat; oekZ 4. Sh. Sanjay Verma
foÙkh; o"kZ 2017&18 ds nkSjku lfefr dh dksbZ cSBd vk;ksftr ugha No meeting of the Remuneration Committee was held
gqbZA during 2017-18.
3-6 çcUèku lfefr (,elh) 3.6 Management Committee (MC)
jk"Vªh;Ñr cSadksa dh (çcUèku ,oa fofoèk çkoèkku) ;kstuk The Committee has been constituted in terms of Section
1970@80 dh èkkjk 13 ds vuqlkj lfefr xfBr dh xbZ gSA lfefr RI1DWLRQDOL]HG%DQNV0DQDJHPHQWDQG0LVFHOODQHRXV
Provisions) Scheme 1970/1980. The committee considers
fuEufyf•r enksa] tks fd ,eMh & lhbZvks@ç-dk- ½.k vuqeksnu
following matters which are beyond the discretionary
lfefr (,pvkslh,lh) &AAA ds foosdkèkhu vfèkdkjksa ls ijs gSa] ij SRZHUV RI 0'  &(2+HDG 2I¿FH &UHGLW $SSURYDO
fopkj djrh gS A Committee (HOCAC) III:-
,- ½.k çLrkoksa dh LohÑfr (fufèk ,oa xSj fufèk) a) Sanctioning of credit proposals (Fund based & Non-
Fund based),

ch- ½.k le>kSrk@ cêðs •krs çLrko b) Loan compromise/write-off proposals,

c) Proposal for approval of capital and revenue
lh- iw¡th vkSj jktLo •pZ ds vuqeksnukFkZ çLrko
expenditure,

Mh- ifjljksa dk vfèkxzg.k ,oa fdjk, ij ysus ds ekunaMksa esa fopyu d) Proposals relating to acquisition and hiring of
lacaèkh çLrko premises including deviation from norms for
acquisition and hiring of premises,
bZ- eqdnek@vihy nk;j djus ls lacafèkr çLrko] mudk cpko H 3URSRVDOVUHODWLQJWR¿OLQJRIVXLWVDSSHDOVGHIHQGLQJ
djuk bR;kfn them etc.

,iQ- ljdkjh ,oa vU;u vuqeksfnr çfrHkwfr;ksa] daifu;ksa ds va'ki=kksa f) Proposals for Investments in Government and other

48

2 PNB Full AR 2017-18 7-68 130718.indd 48 13-Jul-18 4:27:40 PM

 vkSj ½.k i=kksa esa fuos'k ,oa vaMjjkbfVax dk çLrko approved securities, shares and debentures of
companies including underwriting,
th- nku ls lEcfUèkr çLrko g) Proposals relating to Donations,
,p- cksMZ }kjk çsf"kr vU; dksbZ ekeyk h) Any other matter referred by the Board.
31-03-2018 dh fLFkfr ds vuqlkj lajpuk Composition as on 31.3.2018

1- Jh lquhy esgrk] ,eMh ,oa lhbZvks & lfefr ds vè;{k 1. Sh. Sunil Mehta, MD & CEO - Chairman of the
Committee
2- Jh ds oh czãkth jko& lnL;
2. Sh. K. V. Brahmaji Rao - Member
3- Jh latho 'kj.k & lnL; 3. Sh. Sanjiv Sharan - Member
4- Jh ,y oh çHkkdj & lnL; 4. Sh. L. V. Prabhakar - Member
5- MkW jch ,u- feJk & lnL; 5. Dr. Rabi N. Mishra - Member
6- lqJh gh# ehjpUnkuh & lnL; 6. Ms. Hiroo Mirchandani - Member

o"kZ ds nkSjku 16 cSBdksa dk vk;kstu fd;k x;k vkSj 2 cSBdksa ds 16 meetings were held during the year and maximum gap
chp vfèkdre varjky 39 fnuksa dk jgkA between two meetings was 39 days.

foÙkh; o"kZ ds nkSjku lnL; funs'kdksa }kjk cSBdksa esa Hkkx ysus No. of meetings attended by Member-Directors during
dh la[;k the Financial Year:

Ø- funs'kd dk uke dk;Zdky ds fdruh S. Name of Director Meetings Meetings

la- nkSjku vk;ksftr cSBdksa esa No. held during attended
their tenure
cSBdksa dh la[;k mifLFkr gq,
1. Sh. Sunil Mehta, MD & 15 14
1- Jh lquhy esgrk] ,eMh ,oa 15 14
CEO
lhbZvks
2. Ms. Usha 01 01
2- lqJh m"kk vuarlqczã.;u 01 01 Ananthasubramanian
3- Jh ds oh czãkth jko 16 15 3. Sh. K. V. Brahmaji Rao 16 15
4- MkW- jke ,l- laxkiwjs 14 14 4. Dr. Ram S. Sangapure 14 14
5- Jh latho 'kj.k 16 16 5. Sh. Sanjiv Sharan 16 16
6- Jh ,y oh çHkkdj 02 02 6. Sh. L. V. Prabhakar 02 02
7- MkW jch ,u feJk 16 14 7. Dr. Rabi N. Mishra 16 14
8- lqJh gh# ehjpUnkuh 09 07 8. Ms. Hiroo Mirchandani 09 07
9- Jh lat; oekZ 08 06 9. Sh. Sanjay Verma 08 06

3-7 ç- dk- ½.k vuqeksnu lfefr (Lrj & AAA)
ç- dk- ½.k vuqeksnu lfefr Lrj AAA dk xBu foÙk ea=kky;
(,evks,iQ)] foÙkh; lsok,a foHkkx (Mh,iQ,l) dh vfèklwpuk fnukad
05-12-2011 dh 'krkZuqlkj fd;k x;k gSA ç- dk- ½.k vuqeksnu lfefr
 +HDG2I¿FH&UHGLW$SSURYDO&RPPLWWHH/HYHO±,,,
The HO Credit Approval Committee Level III has
EHHQ FRQVWLWXWHG LQ WHUPV RI WKH 1DWLRQDOL]HG %DQNV
(Management and Miscellaneous Provisions) Scheme
1970 and Department of Financial Services (DFS),
Lrj AAA ` 150 djksM+ ls vfèkd vkSj ` 400 djksM+ (,dy) rd 0LQLVWU\RI)LQDQFH0R)QRWL¿FDWLRQGDWHG,W
vkSj 300 djksM+ ls vfèkd vkSj ` 800 djksM+ (lewg ,Dlikstj) considers the credit proposals above `150 crore and up to
rd ds ½.k çLrkoksa ij vkSj lh,eMh@,eMh ,oa lhbZvks dh iwoZ esa `400 crore (standalone) and above ` 300 crore and up to `
fufgr 'kfDr;ksa dh lhek rd vksVh,l@le>kSrk@cêðk •krk çLrkoksa ij 800 crore (group exposure). The committee also considers
fopkj djrh gS A OTS/Compromise/Write off proposals to the extent of
powers earlier vested with MD & CEO.
31-03-2018 dh fLFkfr vuqlkj lajpuk % Composition as on 31.03.2018
1- Jh lquhy esgrk] ,eMh ,oa lhbZvks & lfefr ds vèÕ{k 1. Sh. Sunil Mehta, MD & CEO -
2- Jh ds oh czãkth jko Chairman of the Committee
2. Sh. K. V. Brahmaji Rao
3- Jh latho 'kj.k 3. Sh. Sanjiv Sharan
4- Jh ,y oh çHkkdj 4. Sh L. V. Prabhakar

49

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 cksMZ ds lnL;ksa ds vfrfjDr] egkçcaèkd (foÙk)] th,e (ØsfMV)]
th,e (vkbZvkj,eMh) rFkk th,e (vkbZchMh) Hkh lfefr ds lnL;
gSaA
foÙkh; o"kZ ds nkSjku lnL;&funs'kdksa }kjk cSBdksa esa Hkkx ysus
dh la[;k
Besides Board members, General Manager (Finance),
GMs (Credit), GM (IRMD) and GM (IBD) is also a member
of the committee.
No. of meetings attended by Member-Directors during
the Financial Year:

Ø- funs'kd dk uke muds dk;Zdky cSBdksa esa S. Name of Director Meetings Meetings
No. held during attended
la- ds nkSjku gqbZ Hkkx fy;k their tenure
cSBdsa 1. Sh. Sunil Mehta, MD & 22 22
1- Jh lquhy esgrk] ,eMh ,oa 22 22 CEO
lhbZvks 2. Ms. Usha 03 03
2- lqJh m"kk vuarlqczã.;u 03 03 Ananthasubramanian
3- Jh ds oh czãkth jkWo 25 21 3. Sh. K. V. Brahmaji Rao 25 21
4- MkW- jke ,l- laxkiwjs 24 21 4. Dr. Ram S. Sangapure 24 21
5- Jh latho 'kj.k 25 21 5. Sh. Sanjiv Sharan 25 21
6- Jh ,y oh çHkkdj 01 0 6. Sh. L. V. Prabhakar 01 0
3.8 Special Committee of the Board to monitor the
3-8 olwyh esa çxfr dh fuxjkuh djus ds fy, cksMZ dh lfefr
progress of recovery
lfefr Mh,iQ,l] ,evks,iQ i=k ,iQ-la-7@112@2012&chvks, fnukad The Committee has been constituted in terms of DFS,
21-11-2012 vkSj ,iQ-la-7@2@2015& olwyh fnukad 01-01-2016 dh MoF letter F.No.7/112/2012-BOA dated 21.11.2012 and
'krkZuqlkj xfBr dh xbZ gS A F.No.7/2/2015-Recovery dated 01.01.2016 to:
y 'kh?kz olwyh gsrq ,uih, çcaèku vkSj fofHkUu Vwyksa esa çHkkoh y Review the ways and strategies to improve NPA
mi;ksx dks lqèkkjus gsrq rjhdksa vkSj j.kuhfr;ksa dh leh{kk PDQDJHPHQWDQGHIIHFWLYHXWLOL]DWLRQRIYDULRXVWRROV
djukA to expedite recovery.

y çwMsfU'k;y cêðs •krksa lfgr ,uih, olwyh esa gqbZ çxfr dh y Monitor the progress of recovery in NPAs including
prudential written-off accounts.
fuxjkuh A
y Review the status of cases/RCs pending at DRTs/
y MhvkjVh@Mhvkj,Vh ij yafcr ekeyksa@vkjlh dh fLFkfr dh
DRATs.
leh{kk A
y Review the credit monitoring mechanism and
y ½.k fuxjkuh ra=k vkSj vfu;fer@detksj •krksa dh leh{kk vkSj
status of irregular/weak accounts and the steps for
,uih, dh jksdFkke gsrq dne mBkuk A prevention of NPAs.
31-03-2018 dh fLFkfr ds vuqlkj lajpuk Composition as on 31.03.2018:

1- Jh lquhy esgrk] ,eMh ,oa lhbZvks & lfefr ds vè;{k 1. Sh. Sunil Mehta, MD & CEO - Chairman of the
Committee
2- Jh ds oh czãkth jko
2. Sh. K. V. Brahmaji Rao
3- Jh latho 'kj.k 3. Sh. Sanjiv Sharan
4- Jh ,y oh çHkkdj 4. Sh. L.V. Prabhakar
5- Jh egs'k ckcw xqIrk 5. Sh. Mahesh Baboo Gupta
6- lqJh gh# ehjpUnkuh 6. Ms. Hiroo Mirchandani

foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa esa lnL; & funs'kdksa dh No. of meetings attended by Member-Directors during
mifLFkfr dh la[;k the Financial Year:

Ø- funs'kd dk uke dk;Zdky ds ftruh S. Name of Director Meetings Meetings

No. held during attended
la- nkSjku vk;ksftr cSBdksa esa
their tenure
cSBdksa dh la[;k mifLFkr gq, 1. Sh. Sunil Mehta, MD & 11 09
1 Jh lquhy esgrk] ,eMh 11 09 CEO
,oa lhbZvks 2. Ms. Usha 01 01
2 lqJh m"kk vuarlqczã.;u 01 01 Ananthasubramanian
3 Jh ds oh czãkth jko 12 10 3. Sh. K. V. Brahmaji Rao 12 10

50

2 PNB Full AR 2017-18 7-68 130718.indd 50 13-Jul-18 4:27:40 PM

 Ø- funs'kd dk uke dk;Zdky ds ftruh S. Name of Director Meetings Meetings
la- nkSjku vk;ksftr cSBdksa esa No. held during attended
their tenure
cSBdksa dh la[;k mifLFkr gq,
4- MkW- jke ,l laxkiqjs 11 10 4. Dr. Ram S. Sangapure 11 10
5 Jh latho 'kj.k 12 10 5. Sh. Sanjiv Sharan 12 10
6 Jh ,y oh çHkkdj 01 01 6. Sh. L.V. Prabhakar 01 01
7- Jh egs'k ckcw 12 12
7. Sh. Mahesh Baboo Gupta 12 12
xqIrk
8- Jh lqèkhj uk;j 09 09 8. Sh. Sudhir Nayar 09 09

9- lqJh gh: ehjpankuh 03 02 9. Ms. Hiroo Mirchandani 03 02

3-9 LoSfPNd pwddrkZvksa dh igpku dh leh{kk ds fy, lfefr  &RPPLWWHH IRU 5HYLHZ RI LGHQWL¿FDWLRQ RI :LOIXO
Defaulters
lfefr Hkk-fj-cSd ds ekLVj ifji=k fnukad 01-07-2014 rFkk
i=k fnukad 07-01-2015 dh 'krkZuqlkj LoSfPNd pwddrkZvksa dh The Committee has been constituted in terms of RBI Master
Circular dated 01.07.2014 and letter dated 07.01.2015 to
igpku ds fy, lfefr ds vkns'kksa dh leh{kk djus gsrq xfBr UHYLHZ WKH RUGHUV RI WKH &RPPLWWHH ZKLFK KDV LGHQWL¿HG
dh xbZ A willful defaulters.
31-03-2018 dh fLFkfr ds vuqlkj lajpuk Composition as on 31.03.2018:
1- Jh lquhy esgrk] ,eMh ,oa lhbZvks & lfefr ds vè;{k 1. Sh Sunil Mehta, MD & CEO - Chairman of the
Committee
2- Jh lqèkhj uk;j
2. Shri Sudhir Nayar
3- Jh lat; oekZ
3. Sh. Sanjay Verma
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa esa lnL;&funs'kdksa ds No. of meetings attended by Member-Directors during
mifLFkr gksus dh la[;k the Financial Year:

Ø- funs'kd dk uke dk;Zdky ds fdruh S. Name of Director Meetings Meetings

la- nkSjku vk;ksftr cSBdksa esa No. held during attended
cSBdksa dh la[;k mifLFkr gq, their tenure
1- Jh lquhy esgrk] ,eMh ,oa 04 04 1. Sh Sunil Mehta, MD & 04 04
CEO
lhbZvks
2- lqJh gh: ehjpankuh 03 03 2 Ms Hiroo Mirchandani 03 03
3- Jh lqèkhj uk;j 02 02 3. Sh. Sudhir Nayar 02 02
4- Jh lat; oekZ 03 03 4. Sh. Sanjay Verma 03 03

3-10 ukWu&dkWijsfVo mèkkjdrkZvksa dh oxhZdj.k leh{kk lfefr
lfefr Hkk-fj- cSd dh vfèklwpuk la0- Mhchvkj-la-lhvkbZMh-
chlh-54@20-16-064@2014&15 fnukad 22-12-2014 dh 'krkZuqlkj
ukWu&dkWijsfVo mèkkjdrkZvksa dh oxhZdj.k leh{kk lfefr ds fu.kZ; dh
leh{kk gsrq xfBr dh xbZ A
31-03-2018 dh fLFkfr ds vuqlkj lajpuk
1- Jh lquhy esgrk] ,eMh ,oa lhbZvks & lfefr ds vè;{k
2- Jh jfo feÙky
3- Jh lat; oekZ
foÙkh; o"kZ 2017&18 esa lfefr dh fdlh cSBd dk vk;kstu ugha
gqvkA
3-11 cksMZ dh fo'ks"k lfefr & èkks•kèkM+h ekeyksa dh fuxjkuh gsrq
lfefr Hkk-fj-cSd dh i=k la0- vkjchvkbZ@2004-15 Mhch,l-,iQthoh
(,iQ) la-@1004@23-04-01,@2003&04 fnukad 14-01-2004 dh
 1RQFRRSHUDWLYH %RUURZHUV &ODVVL¿FDWLRQ 5HYLHZ
Committee
The Committee has been constituted in terms of RBI
QRWL¿FDWLRQ QR '%51R&,'%&
15 dated 22.12.2014 to review the decision of ‘Non-
&RRSHUDWLYH%RUURZHU&ODVVL¿FDWLRQ&RPPLWWHH¶
Composition as on 31.03.2018:
1. Sh. Sunil Mehta, MD & CEO - Chairman of the
Committee
2. Sh. Ravi Mital
3. Sh. Sanjay Verma
No meeting of the committee was held during the Financial
Year 2017-18.
 6SHFLDO &RPPLWWHH RI %RDUG ± )RU PRQLWRULQJ IUDXG
cases
The Committee has been constituted in terms of RBI letter no.
RBI/2004.15 DBS.FGV(F) No./1004/23.04.01A/2003-04

51

2 PNB Full AR 2017-18 7-68 130718.indd 51 13-Jul-18 4:27:41 PM

 'krkZuqlkj ` 1-00 djksM+ rFkk blls vfèkd] lkFk gh jkf'k dk è;ku dated 14.01.2004 for monitoring and reviewing all fraud
fn, fcuk lkbcj èkks•kèkM+h ds ekeyksa dh fuxjkuh rFkk leh{kk gsrq cases of `1.00 crore and above, as well as cyber frauds
irrespective of the amount, so as to:
;g fo'ks"k lfefr xfBr dh xbZ gS rkfd %
y ç.kkyhxr =kqfV;ksa dh igpku vkSj mUgsa nwj djus ds fy, mik; y Identify the systemic lacunae and put in place
çLrqr djuk A measures to plug the same.
y Monitor progress of CBI/Police investigation,
y lhchvkbZ@iqfyl tkap dh çxfr dh fuxjkuh] olwyh ,oa LVkiQ
recovery & staff accountability.
nkf;Ro A
y èkks•kèkM+h dh iqujkZo`fÙk jksdus ds fy, mBk, x, lqèkkjkRed y 5HYLHZWKHHI¿FDF\RIWKHUHPHGLDODFWLRQWDNHQWR
prevent recurrence of frauds.
dneksa dh çHkko'khyrk dh leh{kk A
y Put in place other measures as may be considered
y jksdFkke ra=k dks etcwr djus ls lacafèkr fopkj fd, x, vU; relevant to strengthen the preventive mechanism.
mik;ksa dks çLrqr djuk A
Composition as on 31.03.2018:
31-03-2018 dh fLFkfr ds vuqlkj lajpuk
1. Sh. Sunil Mehta, Non-Executive Chairman -
1- Jh lquhy esgrk] xSj & dk;Zikyd vè;{k & lfefr ds vè;{k Chairman of the Committee
2- Jh lquhy esgrk] ,eMh ,oa lhbZvks 2. Sh. Sunil Mehta, MD & CEO
3- Jh ds oh czãkth jko 3. Sh. K. V. Brahmaji Rao
4- Jh latho 'kj.k 4. Sh. Sanjiv Sharan
5- Jh ,y oh çHkkdj 5. Sh. L. V. Prabhakar
6- Jh jfo feÙky 6. Sh. Ravi Mital

foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa esa lnL; funs'kdksa ds No. of meetings attended by Member-Directors during
mifLFkr gksus dh la[;k the Financial Year:

Ø- funs'kd dk uke dk;Zdky ds ftruh S. Name of Director Meetings Meetings

No. held during attended
la- nkSjku vk;ksftr cSBdksa esa
their tenure
cSBdksa dh la[;k mifLFkr gq,
1. Sh. Sunil Mehta, Non- 04 04
1 Jh lquhy esgrk] xSj & 04 04
Executive Chairman
dk;Zikyd vè;{k 2. Ms. Usha 01 01
2 lqJh m"kk vuarlqczã.;u 01 01 Ananthasubramanian
3 Jh lquhy esgrk] ,eMh ,oa 03 03 3. Shri Sunil Mehta, MD & 03 03
lhbZvks CEO
4 Jh ds oh czãkth jko 04 04 4. Sh. K. V. Brahmaji Rao 04 04
5 MkW- jke ,l laxkiwjs 04 03 5. Dr. Ram S. Sangapure 04 03
6 Jh latho 'kj.k 04 03 6. Sh. Sanjiv Sharan 04 03
7 Jh vfuy dqekj •kph 01 01 7. Sh. Anil Kumar Khachi 01 01
8 Jh jfo feÙky 03 03 8. Sh. Ravi Mital 03 03
9 Jh ,y oh çHkkdj -- -- 9. Sh. L. V. Prabhakar -- --
3.12 I.T. Strategy Committee
3-12 cksMZ dh lwpuk çkS|ksfxdh dk;Zuhfr lfefr
The committee has been constituted as per
lfefr Hkk-fj- cSd ds ifji=k la0- RBI@2010&11@494@DBS.co.ITC. RBI circular no. RBI/2010-11/494/DBS.co.ITC.
BC-No-6@31-02-008@2010&11 fnukad 29-04-2011 dh 'krkZuqlkj BC.No.6/31.02.008/2010-11 dated 29.04.2011. The broad
lfefr xfBr dh xbZ A lfefr ds eq[; dk;Z bl çdkj gS% functions of the IT Strategy Committee of the Board are to:
y lwpuk çkS|ksfxdh dk;Zuhfr vkSj ikWfylh nLrkost dk vuqeksnuA y Approve IT Strategy and policy document.
y lqfuf'pr djuk fd çcaèku mi;qDr dk;Zuhfr ;kstuk çfØ;k y Ensuring that the management has put an effective
çHkkoh <ax ls j• jgh gS A strategic planning process in place.

y çekf.kr djuk fd dkjksckj dk;Zuhfr lwpuk çkS|ksfxdh dk;Zuhfr y Ratifying that the business strategy is indeed aligned
ds lkFk okLrfod :i ls lEc¼ gS A with IT strategy.

y lqfuf'pr djuk fd vkbZVh laxBu] lajpuk O;kikj ekWMy vkSj y (QVXULQJ WKDW WKH ,7 2UJDQL]DWLRQ VWUXFWXUH
complements the business model and its direction.
mldh fn'kk dk iwjd gSA

52

2 PNB Full AR 2017-18 7-68 130718.indd 52 13-Jul-18 4:27:41 PM

 y lqfuf'pr djuk fd dkjksckj dh vkbZVh forj.k oSY;w çcaèku]
ykxw dh xbZ çfØ;kvksa vkSj çFkkvksa ds vuqlkj gSa A
y lqfuf'pr djuk fd vkbZVh fuos'k dk ctV Lohdkj ;ksX;a gS A
y lkefjd y{;ksa dks çkIr djus gsrq vko';d vkbZVh lalkèkuksa
ds fuèkkZj.k esa çcaèku }kjk ç;qDr i¼fr dh fuxjkuh djuk vkSj
vkmVlksflZax rFkk vkbZVh lalkèkuksa ds mi;ksx ds fy, mPp
Lrjh; fn'kk funZs'k çnku djuk A
y cSad ds fodkl dks cuk, j•us ds fy, vkbZVh fuos'k dk
mfpr larqyu lqfuf'pr djuk A
y vkbZVh tksf•eksa ,oa fu;a=k.kksa dh vksj ls ,Dlikstj ds ckjs esa
tkx:d djuk vkSj vkbZVh tksf•eksa dh çcaèku ds fuxjkuh dk
çHkkoh ewY;kadu djuk A
y vkbZVh dk;Zuhfr;ksa ds ykxwdj.k esa mPpre çcaèku ds çn'kZu
dk vkadyu djuk A
y mPp Lrjh; uhfr fn'kkfunZs'k tkjh djuk (tSls tksf•e] fufèk;u
vFkok lksflZax ls lacafèkr dk;Z)
y Ascertaining that management has implemented
processes and practices that ensure that the IT
delivers value to the business.
y Ensuring IT investments represented in the IT
budgets are acceptable.
y Monitoring the method that management uses
to determine the IT resources needed to achieve
strategic goals and provide high-level direction for
sourcing and use of IT resources.
y Ensuring proper balance of IT investments for
sustaining Bank’s growth.
y Becoming aware about exposure towards IT risks
and controls. And evaluating effectiveness of
management’s monitoring of IT risks.
y Assessing senior management’s performance in
implementing IT strategies.
y Issuing high level policy guidance (e.g. related to
risk, funding and sourcing tasks).

y fufeZr vkbZVh ;k dkjksckj <kaps dh iqf"V djuk rkfd cSad Lrj y &RQ¿UPLQJZKHWKHU,7RUEXVLQHVVDUFKLWHFWXUHLVWR
be designed, so as to derive the maximum business
ij vkbZVh ds lesfdr fufèk;u ds fy, laiw.kZ vkbZVh ifjn`';
value from IT overseeing the aggregate funding of IT
ls vfèkdre dkjksckj oSY;w çkIr fd;k tk lds vkSj vkbZVh at a bank level and ascertaining if the management
tksf•eksa dk mfpr çcaèku lqfuf'pr djus gsrq lalkèkuksa dk has resources to ensure the proper management of
çcaèku djuk A IT risks.
y dkjksckj esa vkbZVh çn'kZu mik;ksa vkSj vkbZVh ds ;ksxnku dh y Reviewing IT performance measurement and
leh{kk djuk (vFkkZr~ forj.k vkSj çLrkfor oSY;w) contribution of IT to business goals (i.e. delivering
and promised value).
31-03-2018 dh fLFkfr ds vuqlkj lajpuk
Composition as on 31.03.2018:
1- Jh lqèkhj uk;j & lfefr ds vè;{k
1. Sh. Sudhir Nayar - Chairman of the Committee
2- Jh lquhy esgrk] ,eMh ,oa lhbZvks 2. Sh. Sunil Mehta, MD & CEO
3- Jh ds oh czãkth jko 3. Sh. K. V. Brahmaji Rao
4- Jh latho 'kj.k 4. Sh. Sanjiv Sharan
5- Jh ,y oh çHkkdj 5. Sh. L. V. Prabhakar
6- Jh lquhy esgrk] xSj dk;Zikyd vè;{k 6. Sh. Sunil Mehta, Non-Executive Chairman
7- Jh lat; oekZ 7. Sh. Sanjay Verma
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa esa lnL; & funs'kdksa ds No. of meetings attended by Member-Directors during
mifLFkr gksus dh la[;k the Financial Year:

Ø- funs'kd dk uke vk;ksftr cSBdksa ftruh S. Name of Director Meetings Meetings

la- dh la[;k cSBdksa esa No. held during attended
mifLFkr gq, their tenure
1 Jh lqèkhj uk;j 04 04 1. Sh. Sudhir Nayar 04 04
2 Jh lquhy esgrk] ,eMh ,oa 04 02 2. Sh Sunil Mehta, MD & 04 02
lhbZvks CEO
3- Jh lquhy esgrk] xSj 04 04 3. Sh Sunil Mehta, Non- 04 04
dk;Zikyd vè;{k Executive Chairman
4 Jh ds oh czãkth jko 04 03 4. Sh. K. V. Brahmaji Rao 04 03
5 MkW- jke ,l-laxkiwjs 03 03 5. Dr. Ram S. Sangapure 03 03
6 Jh latho 'kj.k 04 03 6. Sh. Sanjiv Sharan 04 03
7- Jh ,y oh çHkkdj 01 01 7. Sh. L. V. Prabhakar 01 01
8- Jh egs'k ckcw xqIrk 01 01 8. Sh. Mahesh Baboo Gupta 01 01
9- Jh lat; oekZ 03 03 9. Sh. Sanjay Verma 03 03

53

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 3-13 xzkgd lsok lfefr 3.13 Customer Service Committee

lfefr Hkk-fj- cSd ds i=k fnukad 14-08-2004 dh 'krkZuqlkj frekgh The committee has been constituted in terms of RBI letter
vkèkkj ij cSad dh xzkgd lsok leh{kk gsrq xfBr dh xbZ A dated 14.08.2004 to review customer service of the bank
on quarterly basis.
31-3-2018 dh fLFkfr vuqlkj lajpuk Composition as on 31.03.2018:

1- Jh lquhy esgrk] ,eMh ,oa lhbZvks & lfefr ds vè;{k 1. Sh Sunil Mehta, MD & CEO - Chairman of the
Committee
2- Jh ds oh czãkth jko
2. Sh. K. V. Brahmaji Rao
3- Jh latho 'kj.k
3. Sh. Sanjiv Sharan
4- Jh ,y oh çHkkdj 4. Sh. L. V. Prabhakar
5- Jh jfo feÙky 5. Sh. Ravi Mital
6- Jh egs'k ckcw xqIrk 6. Sh. Mahesh Baboo Gupta
7- Jh lat; oekZ 7. Sh Sanjay Verma

foÙkh; o"kZ ds nkSjku vk;ksftr lnL;h&funs'kdksa }kjk cSBdksa esa No. of meetings attended by Member-Directors during
Hkkx ysus dh la[;k the Financial Year:

Ø- funs'kd dk uke dk;Zdky ds ftruh S. Name of Director Meetings Meetings

la- nkSjku vk;ksftr cSBdksa esa No. held during attended
their tenure
cSBdksa dh la[;k mifLFkr gq,
1. Sh Sunil Mehta, MD & 04 03
1 Jh lquhy esgrk] ,eMh ,oa 04 03
CEO
lhbZvks
2. Sh. K. V. Brahmaji Rao 04 04
2 Jh ds oh czãkth jko 04 04
3. Dr. Ram S. Sangapure 04 04
3 Mk- jke ,l laxkiwjs 04 04
4. Sh. Sanjiv Sharan 04 04
4- Jh latho 'kj.k 04 04
01 00 5. Sh. Anil Kumar Khachi 01 00
5 Jh vfuy dqekj •kph
6 Jh egs'k ckcw xqIrk 04 03 6. Sh. Mahesh Baboo Gupta 04 03
7- lqJh gh: ehjpankuh 03 03 7. Ms. Hiroo Mirchandani 03 03
8- Jh jfo feÙky 03 01 8. Sh. Ravi Mital 03 01
9- Jh lat; oekZ 01 01 9. Sh. Sanjay Verma 01 01

3-14 fotu 2022 ds fy, cksMZ dh LVhfjax lfefr 3.14 Steering Committee for Vision 2022

jk"Vªh;Ñr cSadksa dh (çcUèku ,oa fofoèk çkoèkku ) ;kstuk 1970
dh èkkjk 14 ds vuqlkj cSad ds çn'kZu ds lkFk foftu 2022
nLrkost ds varxZr fuèkkZfjr y{;ksa dh leh{kk gsrq lfefr xfBr
dh xbZ gSA varjky dks de djus ds fy, lfefr j.kuhfr cukus
ds lkFk&lkFk lEcfUèkr ç-dk- dks vxzlj djus ds fy, ekxZnf'kZr
djrh gSA
The Committee has been constituted in terms of Section 14
of the Nationali ed Banks (Management and Miscellaneous
Provisions) Scheme 1970 to review performance of the
Bank vis-à-vis goals set under Vision 2022 document. The
Committee deliberates upon strategies to meet the gaps, if
any, inter-alia, guiding the concerned HO verticals to move
forward.

31-03-2018 dh fLFkfr ds vuqlkj lajpuk Composition as on 31.03.2018:

1- Jh lquhy esgrk] ,eMh ,oa lhbZvks & lfefr ds vè;{k 1. Sh Sunil Mehta, MD & CEO - Chairman of the
Committee
2- Jh ds oh czãkth jko
2. Sh. K. V. Brahmaji Rao
3- Jh latho 'kj.k
3. Sh. Sanjiv Sharan
4- Jh ,y oh çHkkdj
4. Sh. L. V. Prabhakar
5- Jh lquhy esgrk] xSj dk;Zikyd vè;{k
5. Sh. Sunil Mehta, Non-Executive Chairman
6- Jh egs'k ckcw xqIrk
6. Sh. Mahesh Baboo Gupta
7- Jh lqèkhj uk;j
7. Sh. Sudhir Nayar

54

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 foÙkh; o"kZ ds nkSjku vk;ksftr lnL;&funs'kdksa }kjk cSBdksa esa No. of meetings attended by Member-Directors during
Hkkx ysus dh la[;k the Financial Year:

Ø- funs'kd dk uke dk;Zdky ds ftruh Sl. Name of Director Meetings Meetings

la- nkSjku vk;ksftr cSBdksa esa No. held during attended
their tenure
cSBdksa dh la[;k mifLFkr gq,
1 Jh lquhy esgrk] ,eMh ,oa 03 03 1. Sh Sunil Mehta, MD & 03 03
CEO
lhbZvks
03 03 2. Sh. K. V. Brahmaji Rao 03 03
2 Jh ds oh czãkth jko
3 MkW- jke ,l laxkiwjs 03 03 3. Dr. Ram S. Sangapure 03 03

4- Jh latho 'kj.k 03 03 4. Sh. Sanjiv Sharan 03 03

5 Jh lquhy esgrk] xSj 03 02 5. Sh. Sunil Mehta, Non- 03 02
dk;Zikyd vè;{k Executive Chairman
6 Jh egs'k ckcw xqIrk 03 03 6. Sh. Mahesh Baboo Gupta 03 03
7 Jh lqèkhj uk;j 03 03 7. Sh. Sudhir Nayar 03 03
3-15 lrdZrk@xSj lrdZrk vuq'kklfud dkjZokbZ ekeyksa ds fuiVku dh 3.15 Committee of Directors to review disposal of Vigilance/
leh{kk gsrq funs'kd lfefr Non-vigilance Disciplinary action cases

lfefr foÙk-ea=kky;] vkfFkZd dk;Z foHkkx] cSafdax çHkkXk lrdZrk
vuqHkkx dh i=k la0- 10@12@90@VIG@CVOs fnukad 24-10-1990
dh 'krkZuqlkj rFkk frekgh vkèkkj ij lrZdrk o xSj&lrdZrk
vuq'kklukRed dk;Zokgh ds ekeyksa ds fuiVku dh leh{kk gsrq
xfBr dh xbZ A
The Committee has been constituted in terms of
Department of Economic Affairs, Banking Division –
Vigilance Section, MoF communication no. 10/12/90/VIG/
CVOs dated 24.10.1990 and reviews disposal of vigilance
and non-vigilance disciplinary action cases on quarterly
basis.

31-03-2018 dh fLFkfr ds vuqlkj lajpuk% Composition as on 31.03.2018:

1- Jh lquhy esgrk] ,eMh ,oa lhbZvks & lfefr ds vè;{k 1. Sh. Sunil Mehta, MD & CEO - Chairman of the
Committee
2- Jh ds oh czãkth jko
2. Sh. K. V. Brahmaji Rao
3- Jh latho 'kj.k 3. Sh. Sanjiv Sharan
4- Jh ,y oh çHkkdj 4. Sh. L. V. Prabhakar
5- Jh jfo feÙky 5. Sh. Ravi Mital
6- MkW jch ,u feJk 6. Dr. Rabi N. Mishra
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa esa lnL;&funs'kdksa ds No. of meetings attended by Member-Directors during
mifLFkr gksus dh la[;k the Financial Year:

Ø- funs'kd dk uke dk;Zdky ds ftruh S. Name of Director Meetings Meetings

la- nkSjku vk;ksftr cSBdksa esa No. held during attended
cSBdksa dh la[;k mifLFkr gq, their tenure
1- Jh lquhy esgrk] ,eMh ,oa 04 04 1. Sh. Sunil Mehta, MD & 04 04
lhbZvks CEO
2- Jh ds oh czãkth jko 04 04 2. Sh. K. V. Brahmaji Rao 04 04
3- MkW- jke ,l laxkiwjs 03 03 3. Dr. Ram S Sangapure 03 03
4- Jh latho 'kj.k 04 04 4. Sh. Sanjiv Sharan 04 04
5- Jh ,y oh çHkkdj 01 01 5. Sh. L. V. Prabhakar 01 01
6- Jh vfuy dqekj •kph 01 0 6. Sh. Anil Kumar Khachi 01 0
7- Jh jfo feÙky 03 0 7. Sh. Ravi Mital 03 0
8- MkW jch ,u feJk 04 04 8. Dr. Rabi N. Mishra 04 04

3-16 funs'kdksa dh inksUufr lfefr 3.16 Directors Promotion Committee

lfefr Hkkjr ljdkj foÙk ea=kky;] vkfFkZd dk;Z foHkkx ds i=k The Committee has been constituted in terms of
la0- F-No- 4@1@10@96&IR fnukad 19-11-1997 ds 'krkZuqlkj xfBr Government of India (GoI), MoF, Department of Economic

55

2 PNB Full AR 2017-18 7-68 160718.indd 55 16-Jul-18 2:12:38 PM

 dh xbZ gSA lfefr mPp dk;Zikyd xzsM Ldsy VI ,oa Ldsy VII esa Affairs letter F.No. 4/1/10/96-IR dated 19.11.1997. The
inksUufr ds fy, mEehnokjksa ds lacaèk esa fopkj djrh gS A committee considers promotions from Top Executive
Grade Scale-VI to Scale-VII.
31-03-2018 dh fLFkfr ds vuqlkj lajpuk
Composition as on 31.03.2018
1- Jh lquhy esgrk] ,eMh ,oa lhbZvks &
1. Sh Sunil Mehta, MD & CEO - Chairman of the
lfefr ds vè;{k Committee
2- Jh jfo feÙky 2. Sh. Ravi Mital
3- MkW jch ,u feJk 3. Dr. Rabi N. Mishra
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa esa lnL; & funs'kdksa ds No. of meetings attended by Member-Directors during
mifLFkr gksus dh la[;k% the Financial Year:

Ø- funs'kd dk uke muds dk;Zdky ds ftruh cSBdksa S. Name of Director Meetings Meetings
la- nkSjku vk;ksftr esa mifLFkfr No. held during attended
their tenure
cSBdksa dh la[;k gq,
1 Jh lquhy esgrk] ,eMh 03 03 1. Sh. Sunil Mehta, MD & 03 03
CEO
,oa lhbZvks
2 lqJh m"kk 02 02 2. Ms. Usha 02 02
Ananthasubramanian
vuarlqczã.;u
3 Jh vfuy dqekj •kph 02 02 3. Sh. Anil Kumar Khachi 02 02
4 Jh jfo feÙky 03 03 4. Sh. Ravi Mital 03 03
5 MkW jch ,u feJk 05 05 5. Dr. Rabi N Mishra 05 05

3-17 vihyh; çkfèkdkjh o leh{kk çkfèkdkjh lfefr
lfefr dk xBu ih,uch vfèkdkjh deZpkfj;ksa (vuq'kklu ,oa
vihy) fofu;eu 1977 dh 'krkZuqlkj vihyh; çkfèkdkjh@leh{kk
çkfèkdkjh ds #i esa dk;Z djus gsrq fd;k x;k gSA
31-03-2018 dh fLFkfr ds vuqlkj lfefr dh lajpuk
3.17 Appellate Authority & Reviewing Authority Committee
The committee has been constituted to consider Appeal
and Review cases as Appellate Authority/Reviewing
$XWKRULW\ LQ WHUPV RI 31% 2I¿FHU (PSOR\HHV¶ 'LVFLSOLQH
and Appeal) Regulations, 1977.
Composition as on 31.03.2018:

1- Jh lquhy esgrk] ,eMh ,oa lhbZvks & lfefr ds vè;{k 1. Sh. Sunil Mehta, MD & CEO - Chairman of the
Committee
2- Jh ds oh czãkth jko
2. Sh. K. V. Brahmaji Rao
3- Jh latho 'kj.k
3. Sh. Sanjiv Sharan
4- Jh ,y oh çHkkdj 4. Sh. L. V. Prabhakar
5- Jh jfo feÙky 5. Sh. Ravi Mital

foÙkh; o"kZ 2017&18 ds nkSjku lfefr dh dksbZ cSBd ugha gqbZ No meeting of the committee was held during the Financial
Year 2017-18.
3-18 ,pvkj ij cksMZ dh LVh;fjax lfefr 3.18 Steering Committee of the Board on HR
lfefr dk xBu foÙk ea=kky;] foÙkh; lsok,a çHkkx ds m¼j.k ij The Committee has been constituted at the instance of
cSad dh ,p vkj ekeyksa ij vè;;u ds fy, •.Msyoky lfefr dh DFS, Ministry of Finance, in terms of the recommendations
laLrqfr;ksa dh 'krkZuqlkj fd;k x;k gSA of Khandelwal Committee for studying HR issues of the
Bank.
31-03-2018 dh fLFkfr ds vuqlkj lfefr dh lajpuk Composition as on 31.03.2018:
1- Jh lquhy esgrk] ,eMh ,oa lhbZvks & lfefr ds vè;{k 1. Sh. Sunil Mehta, MD & CEO - Chairman of the
Committee
2- Jh ds oh czãkth jko
2. Sh. K. V. Brahmaji Rao
3- Jh jfo feÙky
3. Sh. Ravi Mital
foÙkh; o"kZ 2017&18 ds nkSjku lfefr dh dksbZ cSBd ugha gqbZ No meeting of the committee was held during the Financial
Year 2017-18.

56

2 PNB Full AR 2017-18 7-68 130718.indd 56 13-Jul-18 4:27:42 PM

 3-19 eq[rkjukek lfefr 3.19 Power of Attorney Committee

lfefr cSad ds ;ksX; vfèkdkfj;ksa@deZpkfj;ksa dks tujy ikWoj vkWiQ The committee sanctions and allots General Power of
vVkuhZ LohÑfr ij fopkj djrh gSA $WWRUQH\WRHOLJLEOH2I¿FHUVHPSOR\HHVRIWKH%DQN

31-3-2018 ds vuqlkj lajpuk Composition as on 31.03.2018

1. Sh. K. V. Brahmaji Rao - Chairman of the
1- Jh ds oh czãkth jko & lfefr ds vè;{k
Committee
2- Jh latho 'kj.k 2. Sh. Sanjiv Sharan
3- Jh ,y oh çHkkdj 3. Sh. L. V. Prabhakar
4- Jh egs'k ckcw xqIrk 4. Sh. Mahesh Baboo Gupta
5- Jh lqèkhj uk;j 5. Sh. Sudhir Nayar
6- lqJh gh: ehjpankuh 6. Ms Hiroo Mirchandani

foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa esa lnL; funs'kdksa dh No. of meetings attended by Member-Directors during
mifLFkfr dh la[;k % the Financial Year:

Ø- funs'kd dk uke dk;Zdky ds ftruh S. Name of Director Meetings Meetings

la- nkSjku vk;ksftr cSBdksa esa No. held during attended
their tenure
cSBdsa mifLFkr gq,
03 02 1. Sh. K. V. Brahmaji Rao 03 02
1 Jh ds oh czãkth jko
2 Mk- jke ,l laxkiwjs 03 03 2. Dr. Ram S. Sangapure 03 03
3 Jh latho 'kj.k 03 03 3. Sh. Sanjiv Sharan 03 03
4 Jh egs'k ckcw xqIrk 03 03 4. Sh. Mahesh Baboo Gupta 03 03
5 Jh lqèkhj uk;j 03 03 5. Sh. Sudhir Nayar 03 03
6 lqJh gh: ehjpankuh 01 01 6. Ms Hiroo Mirchandani 01 01
3-20 'ks;jèkkjd funs'kdksa ds fuokZpu ij fopkj djus ds fy, lfefr 3.20 Committee to consider election of Shareholder
& lkoZtfud {ks=k ds cSadksa }kjk ernku Directors - voting by Public Sector Banks
lfefr] Hkkjr ljdkj foÙkh; lsok,a çkHkx ds i=k fnukad 03-04-2012 The Committee, constituted in terms of GoI, DFS letter
dh 'krkZuqlkj] cSad ds 'ks;j èkkfjr djus okyh bZdkbZ;ksa esa funs'kdksa ds dated 03.04.2012, decides on the candidates for election
as directors in entities in which Bank is holding a stake
pquko ds fy, mEehnokjksa ds çksiQkby vkSj i`"BHkwfe ij fopkj djds
FRQVLGHULQJWKHSUR¿OHDQGEDFNJURXQGRIFDQGLGDWHV
fu.kZ; ysus gsrq dh x;h gSA
Composition as on 31.03.2018:
31-03-2018 dh fLFkfr ds vuqlkj lajpuk
1 Shri Sunil Mehta, MD & CEO Chairman
1- Jh lquhy esgrk] ,eMh ,oa lhbZvks vè;{k
2 Shri K.V. Brahmaji Rao Member
2- Jh ds oh czãkth jko lnL;
3 Shri Sanjiv Sharan Member
3- Jh latho 'kj.k lnL;
4 Shri L.V. Prabhakar Member
4- Jh ,y oh çHkkdj lnL;
No meeting of Committee of the Board was held during
foÙkh; o"kZ 2017&18 ds nkSjku lfefr dh dksbZ cSBd ugha gqbZA 2017-18.
3.21 Share Transfer Committee
3-21 'ks;j varj.k lfefr
The Committee has been constituted in terms of Regulation
lfefr ih,uch ('ks;j ,oa cSBdsa) fofu;eu 2000 ds fofu;eu 2, 2A (i) of PNB (Shares and Meetings) Regulations, 2000
(vkbZ) dh 'krkZuqlkj HkkSfrd 'ks;jksa ds varj.k] MqfIydsV 'ks;j çek.k to monitor and approve transfers of physical shares,
i=k@ u;s çek.k i=k tkjh djus] 'ks;jksa ds laçs"k.k] 'ks;jksa ds iqu% LVVXDQFH RI GXSOLFDWH VKDUH FHUWL¿FDWHVQHZ FHUWL¿FDWHV
HkkSfrdhdj.k bR;kfn dh fuxjkuh ,oa vuqeksnu gsrq xfBr dh x;h gS A WUDQVPLVVLRQRIVKDUHVUHPDWHULDOL]DWLRQRIVKDUHVHWF
Composition as on 31.03.2018:
31-03-2018 dh fLFkfr ds vuqlkj lajpuk
1. Sh. Sunil Mehta, MD & CEO - Chairman of the
1- Jh lquhy esgrk] ,eMh ,oa lhbZvks & lfefr ds vè;{k Committee
2- Jh ,y oh çHkkdj 2. Sh. L. V. Prabhakar
3- Jh egs'k ckcw xqIrk 3. Sh. Mahesh Baboo Gupta

57

2 PNB Full AR 2017-18 7-68 130718.indd 57 13-Jul-18 4:27:42 PM

 foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa esa lnL; funs'kdksa dh No. of meetings attended by Member-Directors during
mifLFkfr dh la[;k% the Financial Year:

Ø- funs'kd dk uke dk;Zdky ds ftruh S. Name of Director Meeting Meeting

No. held during attended
la- nkSjku vk;ksftr cSBdksa esa
their tenure
cSBdksa dh la[;k mifLFkr gq,
1 Shri Sunil Mehta, MD & 18 15
1 Jh lquhy esgrk] ,eMh ,oa 18 15 CEO
lhbZvks 2 Ms.Usha 2 2
2 lqJh m"kk vuarlqczã.;u 2 2 Ananthasubramanian
3 Mk- jke ,l laxkiwjs 18 17 3 Dr. Ram S. Sangapure 18 17
15 15 4 Shri Sudhir Nayar 15 15
4 Jh lqèkhj uk;j
5 Shri L.V.Prabbhakar 2 2
5 Jh ,y oh çHkkdj 2 2
6 Shri Mahesh Baboo 5 5
6 Jh egs'k ckcw xqIrk 5 5 Gupta
3-22 fMftVy ysunsu dh çxfr dh fuxjkuh djus dh lfefr 3.22 Committee to monitor progress of Digital Transactions:
vkbZch, i=k la[;k ih,l vkSj chVh@fMftVy Hkqxrku@3339 fnukad The Committee has been constituted in terms of IBA
04-08-2017 ds lanHkZ esa ,d lfefr xfBr dh xbZ Fkh ftlesa lfpoksa letter no. PS&BT/Digital Payment/3339 dated 4.08.2017
advising to set up Board level Sub-Committees to monitor
dh lfefr] p;fur cSadksa] Hkkjrh; jk"Vªh; Hkqxrku fuxe (,uihlhvkbZ)
progress of achievement in digital transactions as advised
rFkk vkjchvkbZ us fnukad 20-07-2017 dks laiUu cSBd esa ;g lykg by Committee of secretaries, select Banks, National
nh Fkh fd fMftVy ysunsuksa dh miyfCèk dh çxfr dh fuxjkuh gsrq Payments Corporation of India (NPCI) & RBI vide their
cksMZ Lrj ij mi&lfefr;ksa dk xBu fd;k tk,A fMftVy cSafdax çHkkx meeting dated 20.07.2017. The committee was constituted
ds uksV fnukad 18 flrEcj 2017 ds lanHkZ esa cksMZ cSBd fnukad 27- vide Digital Banking Division Note dated September 18,
09-2017 dks lfefr dk xBu fd;k x;kA 2017 at Board Meeting dated 27.09.2017.

31-03-2018 dh fLFkfr ds vuqlkj lajpuk Composition as on 31.03.2018

1- Jh lqèkhj uk;j & lfefr ds vè;{k 1. Sh. Sudhir Nayar - Chairman of the Committee
2. Sh K V Brahmaji Rao
2- Jh ds oh czãkth jko
3. Sh. Sanjiv Sharan
3- Jh latho 'kj.k
4. Sh. L. V. Prabhakar
4- Jh ,y oh çHkkdj
5. Sh. Ravi Mital
5- Jh jfo feÙky
6. Ms. Hiroo Mirchandani
6- lqJh gh: ehjpankuh
7. Sh. Sanjay Verma
7- Jh lat; oekZ
foÙkh; o"kZ ds nkSjku vk;ksftr cSBdksa esa lnL; funs'kdksa dh No. of meetings attended by Member-Directors during
mifLFkfr dh la[;k% the Financial Year:

Ø- funs'kd dk uke dk;Zdky ds ftruh S. Name of Director Meeting Meeting

la- nkSjku vk;ksftr cSBdksa esa No. held during attended
their tenure
cSBdksa dh la[;k mifLFkr gq,
1 Sh. Sudhir Nayar 4 4
1 Jh lqèkhj uk;j 4 4
2 Jh ds oh czãkth jko 4 2 2 Sh K.V. Brahmaji Rao 4 2

3 Mk- jke ,l laxkiwjs 3 3 3 Dr. Ram S. Sangapure 3 3

4 Jh latho 'kj.k 4 4 4 Sh. Sanjiv Sharan 4 4

5 Jh ,y oh çHkkdj 1 1 5 Sh. L. V. Prabhakar 1 1
6 Jh jfo feÙky 4 -- 6 Sh. Ravi Mital 4 --
7 lqJh gh: ehjpankuh 2 2 7 Ms. Hiroo Mirchandani 2 2
8 Jh lat; oekZ 4 4 8 Sh. Sanjay Verma 4 4

4- funs'kdksa dk ikfjJfed % 4. Remuneration of Directors:

The Managing Director and CEO and the Executive
çcaèk funs'kd ,oa eq[; dk;Zikyd vfèkdkjh vkSj dk;Zikyd funs'kdksa
Directors (Four whole time directors) are being paid
(4 iw.kZdkfyd funs'kdksa) dks Hkkjr ljdkj ds fu;ekuqlkj osru ds

58

2 PNB Full AR 2017-18 7-68 130718.indd 58 13-Jul-18 4:27:43 PM

 }kjk ikfjJfed dk Hkqxrku fd;k tk jgk gSA çcaèk funs'kd ,oa lhbZvks remuneration by way of salary as per rules framed by the
rFkk dk;Zikyd funs'kdksa ds ikfjJfed vkSj çn'kZu vkèkkfjr çksRlkgu Government of India. The details of remuneration paid to
Managing Director & CEO and Executive Director/s are as
ds Hkqxrku dk C;kSjk fuEufyf•r gS %
under:
foÙkh; o"kZ 2017&18 ds nkSjku Hkqxrku fd;k x;k ikfjJfed % 5HPXQHUDWLRQSDLGGXULQJ¿QDQFLDO\HDU
Ø- uke in Hkqxrku jkf'k ih,iQ dk esfMdy S. Name Designation (PROXPHQWV 3)FRQWUL 0HGLFDO`)
la- (`) va'knku (`) (`) No paid (`) bution (`)
1- Jh lquhy esgrk çcaèk funs'kd 23,60,228.64 2,25,149.66 5,12,407.85
1. Sh Sunil Mehta MD & CEO 23,60,228.64 2,25,149.66 5,12,407.85
(05-05-2017 dks fu;qDr) ,oa eq[; (Joined on 05.05.2017)
dk;Zikyd
vfèkdkjh 2. Ms. Usha MD & CEO 2,76,240.97 25,304.51 125.91
Ananthasubramanian
2- lqJh m"kk vuarlqczã.;u çcaèk funs'kd 2,76,240.97 25,304.51 125.91
(Transferred to
(05-05-2017 ls bykgckn ,oa eq[; Allahabad Bank on
cSad esa LFkkukarfjr) dk;Zikyd 05.05.2017)
vfèkdkjh
3. Sh. K. V. Brahmaji Rao Executive 23,51,898.00 2,23,470.00 77,015.82
3- Jh ds oh czãkth jko dk;Zikyd 23,51,898.00 2,23,470.00 77,015.82 Director
funs'kd
4. Dr. Ram S. Sangapure Executive 58,50,388.00* 2,04,710.00 67,907.48
4- Mk- jke ,l laxkiwjs (28- dk;Zikyd 58,50,388.00* 2,04,710.00 67,907.48
(Retired on 28.02.2018) Director
02-2018 dks lsokfuo`Ùk) funs'kd
5- Jh latho 'kj.k dk;Zikyd 22,83,069.00 2,16,930.00 32,769.02 5. Sh. Sanjiv Sharan Executive 22,83,069.00 2,16,930.00 32,769.02
Director
funs'kd
6- Jh ,y-oh- çHkkdj dk;Zikyd 1,85,640.00 17,680.00 -- 6. Sh L. V. Prabhakar Executive 1,85,640.00 17,680.00 --
(01-03-2018 ls fu;qDr) funs'kd (Joined on 01.03.2018) Director

(* lsokfuo`fÙk ij xzSP;qbVh vkSj yho ,udS'kesaV 'kkfey gS) (* includes Gratuity and Leave Encashment on retirement)

fdlh Hkh funs'kd dks o"kZ ds nkSjku LVkWd vkWI'kal tkjh ugha fd;k
x;k gSA lsok laidkZs vkSj uksfVl vofèk lfgr fu;qfDr dh vofèk
ljdkj dh fn'kkfunZs'kkuqlkj gSA fdlh Hkh funs'kd ds fy, dksbZ vyx
'kqYd ns; ugha gSA
foÙk o"kZ 2017&18 ds fy, iw.kZdkfyd funs'kdksa dks çn'kZu vkèkkfjr
çksRlkgu Hkqxrku ugha fd;k x;k FkkA
cSad xSj dk;Zikyd funs'kdksa dks cksMZ vFkok milfefr;ksa dh cSBdksa
esa Hkkx ysus ds fy, Hkkjr ljdkj }kjk fuèkkZfjr 'kqYd ds vykok
dksbZ vU; ikfjJfed ugha nsrkA Hkqxrku ;ksX; 'kqYd fuEufyf•r gS%&
No stock options have been issued to any Director during
the year. Terms of appointment including service contracts
and notice period are as per Government guidelines. No
severance fee is payable to any Director.
No performance linked incentive was paid to the whole-
WLPHGLUHFWRUVGXULQJ¿QDQFLDO\HDU
The Bank does not pay remuneration to the Non-Executive
'LUHFWRUV H[FHSW VLWWLQJ IHHV ¿[HG E\ *RYHUQPHQW RI
India, for attending the meetings of the Board or its sub-
committees. The fees payable is as under:-

cSBd çR;sd cSBd esa Hkkx ysus ds Meeting 6LWWLQJ)HHVSD\DEOH

fy;s ns; 'kqYd (`) per Meeting (`)
cksMZ 20,000/- Board 20,000/-
cksMZ dh mi&lfefr 10,000/- Sub-Committee of Board 10,000/-

o"kZ 2017&18 ds nkSjku xSj&dk;Zikyd funs'kdksa dks Hkkx ysus ds The total Sitting Fee paid to the Non-Executive Directors
during the Year 2017-18 is as under: (No sitting fee is
fy, dqy iQhl dk Hkqxrku fuEuor gS% (iw.kZdkfyd funs'kdksa vkSj
payable to whole time directors and director representing
Hkk-fj- cSad ds çfrfufèk funs'kd dks Hkkx ysus ds fy, fdlh çdkj Government of India & RBI):
dh iQhl dk Hkqxrku ugha fd;k tkrk)%
S . 1DPHRIWKH'LUHFWRU Sitting Fee
Øe funs'kd dk uke Hkqxrku dh xbZ No. paid (in `)
la0 jkf'k ` esa 1 Sh. Sunil Mehta, Non-Executive 5,00,000/-
1 Jh lquhy esgrk] xSj dk;Zikyd vè;{k 5,00,000/- Chairman
2 Jh egs'k ckcw xqIrk 8,70,000/- 2 Sh. Mahesh Baboo Gupta 8,70,000/-
3 lqJh gh: ehjpankuh 5,80,000/- 3 Ms. Hiroo Mirchandani 5,80,000/-
4 Jh lqèkhj uk;j 10,20,000/- 4 Sh. Sudhir Nayar 10,20,000/-
5 Jh lat; oekZ 4,20,000/- 5 Sh. Sanjay Verma 4,20,000/-

59

2 PNB Full AR 2017-18 7-68 160718.indd 59 16-Jul-18 2:1 :17 PM

 5- foosdkèkhu vis{kkvksa dk vuqikyu 5. Compliance of discretionary requirements

Ø- la- xSj vfuok;Z vis{kk,a dk;kZUo;u dh fLFkfr Sr. Non Mandatory Status of
No. requirements implementation
,- funs'kd eaMy & xSj Hkkjr ljdkj us 16.03.2017
A The Board - A non- Government of India
dk;Zikyd vè;{k dEiuh ds ls cSad ds vè;{k ds #i esa Jh
executive Chairman may has appointed Sh. Sunil
•pZ ij vè;{k dk dk;kZy; lquhy esgrk dks fu;qDr fd;k gSA be entitled to maintain a Mehta as Non-Executive
lEHkkyus ds fy, ik=k gks ldrk &KDLUPDQ¶VRI¿FHDWWKH Chairman of the Bank
gS A company’s expense w.e.f. 16.03.2017.
ch 'ks;jèkkjdksa ds vfèkdkj & frekgh@okf"kZd foÙkh; ifj.kke B Shareholders’ Rights - A The quarterly / Annual
half-yearly declaration Financial Results are sent
'ks;jèkkjdksa ds çR;sd gkmlgksYM ,u,lbZ@ ch,lbZ dks Hksts@lekpkj
RI¿QDQFLDOSHUIRUPDQFH to NSE/BSE, published
dks foÙkh; ifj.kkeksa ds i=kksa esa çdkf'kr fd;s tkrs gSa including summary of the in newspapers and
v¼Zokf"kZd ifj.kkeksa rFkk xr rFkk çeq• fo'ks"krkvksa lfgr VLJQL¿FDQWHYHQWVLQODVW placed on Bank’s website
Ng ekg dh egRoiw.kZ ?kVukvksa cSad dh oSclkbV ij çnf'kZr six-months, may be sent including highlights.
dk lkjka'k çsf"kr fd;k tk fd;s tkrs gSa A okf"kZd fjiksVks± dks to each household of Annual reports are also
ldrk gS A ,th,e ls iwoZ 'ks;jèkkjdksa dks shareholders. sent to the shareholders
before AGM.
Hkstk tkrk gSA
C 0RGL¿HGRSLQLRQV The Bank’s Annual
lh ys•kijh{kk fjiksVZ esa la'kksfèkr cSad dh okf"kZd foÙkh; fooj.kh in audit report - The Financial Statements are
lEefr & lwphc¼ bdkbZ vuDokfyiQkbZM gS A listed entity may move XQTXDOL¿HG6LJQL¿FDQW
vla'kksfèkr ys•kijh{kk jk; ds egRoiw.kZ ys•k uhfr;ka ,oa ys•ksa towards a regime of Accounting Policies and
lkFk foÙkh; fooj.kh dh ,d ij fVIif.k;ka vuqlwfp;ksa esa fn, ¿QDQFLDOVWDWHPHQWVZLWK Notes to Accounts are
XQPRGL¿HGDXGLWRSLQLRQ contained in schedules,
O;oLFkk dh vksj c<+ ldrh gSA x, gS tks O;k[;kRed çÑfr which are explanatory in
ds gS A nature.
Mh vè;{k ,oa eq[; dk;Zikyd Hkkjr ljdkj us vè;{k vkSj D Separate Posts of The Government of
vfèkdkjh ds in vyx çcaèk funs'kd ,oa eq[; Chairperson and Chief India has split the
& lwphc¼ bdkbZ vè;{k dk;Zikyd vfèkdkjh ds in ([HFXWLYH2I¿FHU±The post of Chairman and
listed entity may appoint Managing Director &
vkSj çcaèk funs'kd ,oa eq[; dks foHkkftr dj fn;k gSA separate persons to the CEO. Accordingly, Non-
dk;Zikyd vfèkdkjh ds in rnuqlkj] çcaèk funs'kd ,oa eq[; post of Chairperson and Executive Chairman and
ij vyx&vyx O;fDr;ksa dh dk;Zikyd vfèkdkjh inLFkkfir Managing Director or Chief Managing Director & CEO
fu;qDr dj ldrh gSA dj fn, x, gS A ([HFXWLYH2I¿FHU have been posted.
bZ vkarfjd ys•kijh{kd dh egkçcUèkd (fujh{k.k ,oa ys•k E Reporting of internal General Manager
DXGLWRU±The internal (Inspection & Audit) who
fjiksfVZax & vkarfjd ys•k ijh{kk) tks ys•k ijh{kk lfefr
auditor may report directly is heading the internal
ijh{kd lhèks ys•k ijh{kk lfefr gsrq vkarfjd ys•k ijh{kk dk;Z to the audit committee. audit functions reports to
dks fjiksVZ dj ldrs gS A fjiksVZ Hkstrk gS A the Audit Committee.
6- vke lHkk dh cSBdsa 6. General Body Meetings
'ks;jèkkjdksa dh fiNys rhu o"kks± ds nkSjku gqbZ okf"kZd vke cSBdksa The details of Annual General Meetings (AGM) of
(,th,e)vkSj vlkèkkj.k vke cSBdksa (bZth,e) ds fooj.k bl çdkj shareholders during the last three years are as follows:
gSa %
cSBd dk fnu] fnukad LFkku mís'; Type of Day, Date Venue Purpose
Meeting & Time
çdkj ,oa le;
Fourteenth Tuesday, PNB Auditorium, - To discuss, approve & adopt
pkSnoha eaxyokj] 30 ih,uch vkWfMVksfj;e] & 31-03-2015 dks lekfIr o"kZ ds AGM June 30, Central Staff the Audited Balance Sheet
,th,e twu] 2015 dsUæh; LVkiQ dkWyst] fy, cSad ds ys•k ijhf{kr rqyu 2015 at College, 8, DQG3UR¿W /RVV$FFRXQW
çkr% 10-00 8 vaMjfgy jksM] i=k rFkk ykHk o gkfu •krs ij 10a.m. Underhill Road, of the Bank for year ended
Civil Lines, Delhi 31.03.2015.
cts flfoy ykbZUl] fopkj&foe'kZ] vuqeksnu ,oa viukukA -110054
fnYyh & 110054 & 2014&15 ds fy, ykHkka'k dh - To declare Dividend for
?kks"k.kk djukA 2014-15.

& ,d 'ks;jèkkjd funs'kd dk - Election of one Shareholder

pqukoA Director.

iUæoha xq#okj] 30 ih,uch vkWfMVksfj;e] 31-03-2016 dks lekIr o"kZ ds fy, Fifteenth Thursday, PNB Auditorium, - To discuss, approve & adopt
AGM June 30, Central Staff the Audited Balance Sheet
,th,e twu] 2016 dsUæh; LVkiQ dkWyst] cSad ds ys•k ijhf{kr rqyu i=k rFkk 2016 at College, 8, DQG3UR¿W /RVV$FFRXQW
çkr% 10-00 8 vaMjfgy jksM] ykHk o gkfu •krs ij fopkj&foe'kZ] 10a.m. Underhill Road, of the Bank for year ended
cts flfoy ykbZUl 8] vuqeksnu ,oa viukukA Civil Lines, Delhi 31.03.2016.
-110054
fnYyh & 110054

60

2 PNB Full AR 2017-18 7-68 130718.indd 60 13-Jul-18 4:27:43 PM

 cSBd dk fnu] fnukad LFkku mís'; Type of Day, Date Venue Purpose
çdkj ,oa le; Meeting & Time
Sixteenth Thursday, PNB Auditorium, - To discuss, approve & adopt
lksygoha xq#okj] 29 ih,uch vkWfMVksfj;e] & 31-03-2017 dks lekfIr o"kZ ds AGM June 29, Central Staff the Audited Balance Sheet
,th,e twu ] 2017 dsUæh; LVkiQ dkWyst] fy, cSd ds ys•k ijhf{kr rqyu 2017 at College, 8, DQG3UR¿W /RVV$FFRXQW
çkr% 10-00 8 vaMjfgy jksM] i=k ,oa ykHk&gkfu •krs ij ifjppkZ] 10.00 a.m. Underhill Road, of the Bank for year ended
cts flfoy ykbZUl 8] vuqeksnu ,oa viukukA Civil Lines, Delhi 31.03.2017.
-110054
fnYyh & 110054 & ,d 'ks;jèkkjd funs'kd dk - Election of one Shareholder
pqukoA Director.

mDr okf"kZd vke cSBdksa esa dksbZ fo'ks"k ladYi çLrqr ugha fd, x,A
Mkd ls erkfèkdkj dk ç;ksx (iksLVy cSyV) & cSad us ,slk dksbZ dk;Z
vk;ksftr ugha djk;k gS ftlesa foÙkh; o"kZ ds nkSjku Mkd }kjk ernku
dh vuqefr nh x;h gks vkSj orZeku esa dksbZ dkjksckj iksLV cSyV ds
ekè;e ls djk;k tkuk çLrkfor ugh gS A
No special resolutions were put through in the above said
Annual General Meetings.
Postal Ballot - Bank has not conducted any business in
ZKLFK SRVWDO EDOORW LV SHUPLWWHG GXULQJ WKH ¿QDQFLDO \HDU
and at present no business is proposed to be conducted
through postal ballot.

7- lsch (,yvksMhvkj) fofu;eu 2015 dh vuqlwph V {lh(10)} 7. Other Disclosures as per Schedule V {C(10)} of SEBI
(LODR) Regulations 2015
ds vuqlkj vU; çdVhdj.k
7.1 7KHUH KDV EHHQ QR VLJQL¿FDQW UHODWHG SDUW\ WUDQVDFWLRQ
7-1 o"kZ ds nkSjku ,slh dksbZ egRoiw.kZ lEcUèkh ikVhZ VªkatsD'ku ugha gqbZ gS GXULQJ WKH \HDU WKDW PD\ KDYH KDG SRWHQWLDO FRQÀLFW RI
tks fd cSd ds fgr dks çHkkfor djsA interest with the Bank.
7-2 Hkkjrh; fjtoZ cSad@vkbZlh,vkbZ ds fn'kkfunZs'kksa ds vuqlj.k esa cSad 7.2 The Related Party Transactions of the Bank as per RBI
ds lEc¼ ikVhZ ysu&nsu 31-03-2018 dh fLFkfr vuqlkj rqyui=k ds /ICAI guidelines are disclosed in the Notes on Accounts
•krksa ds uksV~l (vuqlwph 18) esa n'kkZ, x;s gSaA lacafèkr i{k ds lkFk (in Schedule 18) of the Balance Sheet as on 31.03.2018.
ysu&nsu djus dh uhfr cSd dh osclkbV https://www.pnbindia. Policy on dealing with Related Party Transactions is
available on Bank’s website at https://www.pnbindia.in/
in/Regulatory.html ij nh x;h gS A
Regulatory.html
7-3 foxr 3 o"kks± ds nkSjku iwath cktkj ls lacafèkr ekeyksa ds lacaèk esa
7.3 No penalties/strictures were imposed on the Bank by SEBI/
lsch@LVkWd ,Dlpsatksa }kjk cSad ij dksbZ naM@çfrcaèk ugha yxk;k x;k Stock Exchanges for non-compliance in respect of matters
FkkA related to Capital Market during the last three years.
7-4 cSad us fofty eSdsfute Oghly Cyksvj ikWfylh LFkkfir dh gS vkSj 7.4 The Bank has established vigil mechanism, whistle blower
fdlh Hkh O;fDr dks ys•k ijh{kk lfefr esa vkus ds fy, jksdk ugha policy and no person has been denied access to the audit
x;k gSA committee.

7-5 vfuok;Z vko';drkvksa dk ikyu fd;k x;k gS rFkk xSj vfuok;Z 7.5 Mandatory requirements are complied with and adoption
vko';drkvksa dks xzg.k mDr iSjk 5 esa fn;k x;k gSA of non-mandatory requirements are given at para 5 above.
7.6 Web link for the policy for determining “material” subsidiary
7-6 ^eSfVfj;y* vuq"kaxh fuèkkZj.k ds fy, ikWfylh gsrq oscfyad gS% https://
is https://www.pnbindia.in/Regulatory.html
www.pnbindia.in/Regulatory.html
7.7 Commodity Price Risks and Commodity hedging activities
7-7 deksfMVh ewY; tksf•e rFkk deksfMVh gSftax xfrfofèk;k¡ 'kwU; gSA are Nil.

8- cSad dh 3 ?kjsyw vuq"kafx;ka gS] ;Fkk% 8. The Bank has three domestic subsidiaries, namely:

i) ih,uch fxYVl fyfeVsM i) PNB Gilts Ltd.

ii) ih,uch baosLVesaV lfoZlst fyfeVsM ii) PNB Investment Services Ltd.

iii) ih,uch ba';ksjsal czks¯dx fyfeVsM* iii) PNB Insurance Broking Pvt. Ltd.*
* PNB Insurance Broking Company is non-functional. The Broking licence
*ih,uch ba'kksjsal czksfdax daiuh xSj&dk;kZRed gSA czksfdax ykblsal ljsaMj dj fn;k gS has been surrendered and steps are being initiated for winding-up of the
vkSj dEiuh dks lekIr djus ds dne mBk fy, x, gSaA Company..

ih,uch fxYV~l fy- ,d lwphc¼ bZdkbZ gS tgk¡ cSad ds nks funs'kd PNB Gilts Ltd. is a listed entity where two of the Directors of
dEiuh ds cksMZ ds Hkh funs'kd gSaA the Bank are also Directors on the Board of that Company.

blds vfrfjDr] cSad ds ikl nks varjkZ"Vªh; vuq"kafx;k¡ gS] uker% Further, the Bank has two international subsidiaries,
namely:

i) iatkc uS'kuy cSad (varjkZ"Vªh;) fyfeVsM (ih,uchvkbZ,y)] i) Punjab National Bank (International) Limited
;wds (PNBIL), UK

ii) Mªd ih,uch cSad fy- HkwVku ii) Druk PNB Bank Ltd., Bhutan.

61

2 PNB Full AR 2017-18 7-68 130718.indd 61 13-Jul-18 4:27:44 PM

 9- lapkj ekè;e 9. Means of Communication

frekgh foÙkh; ifj.kkeksa dks LVkWd ,Dlpsat (,u,lbZ & ch,lbZ) esa 7KHTXDUWHUO\¿QDQFLDOUHVXOWVDUHVXEPLWWHGWRWKH6WRFN
çpkj ds fy, Hkstk tkrk gSA ([FKDQJHV16( %6(IRUGLVVHPLQDWLRQ

foÙkh; ifj.kke dkWikZsjsV foKkiu vkSj lwpuk,a bR;kfn fdUgha nks Financial results, corporate advertisements and notices
HWF DUH DOVR SXEOLVKHG LQ DQ\  (QJOLVK DQG +LQGL RI
(vaxzsth o fgUnh) vR;fèkd ifjpkyu okys lekpkj i=kksa eq[;r% WKH ZLGHO\ FLUFXODWHG QHZVSDSHUV YL] 7LPHV RI ,QGLD
VkbZEl vkWiQ bafM;k] fgUnqLrku VkbZEl] fctuSl LVSUMMZ] iQkbuSaf'k;y +LQGXVWDQ 7LPHV%XVLQHVV 6WDQGDUG )LQDQFLDO ([SUHVV
,Dlçsl] bdukWfeDl VkbZEl] uoHkkjr VkbZEl] fgUnqLrku] fctuSl (FRQRPLF7LPHV1DYEKDUDW7LPHV+LQGXVWDQ%XVLQHVV
LVSUMMZ (fgUnh)] nSfud tkxj.k vkSj tulÙkk esa çdkf'kr fd, tkrs 6WDQGDUG+LQGL'DLQLN-DJUDQDQG-DQVDWWD
gSa A
frekgh@okf"kZd foÙkh; ifj.kke vkSj laLFkkxr fuos'kdksa@fo'ysa"kdksa dks 7KH TXDUWHUO\DQQXDO ¿QDQFLDO UHVXOWV DQG SUHVHQWDWLRQV
crk;s x;s çstsaVs'kuksa dks cSad dh oSclkbV (www.pnbindia.in) made to institutional investors/analysts are also placed
RQ WKH ZHEVLWH RI WKH %DQN www.pnbindia.in EHVLGHV
ds vfrfjDr LVkWd ,Dlpsat www.nseindia.com vkSj www. ZHEVLWHVRIVWRFNH[FKDQJHVwww.nseindia.com and www.
bseindia.com ij n'kkZ;k tkrk gS A bseindia.com
blds vfrfjDr] foÙkh; ifj.kkeksa dks fgrèkkjdksa dks fçaV ,oa )XUWKHU WKH ¿QDQFLDO UHVXOWV DUH DOVR FRPPXQLFDWHG WR
bySDVªkWfud ehfM;k ds ekè;e ls lekpkj foKfIr;ksa }kjk Hkh lwfpr WKHVWDNHKROGHUVWKURXJKQHZVUHOHDVHVWKURXJKSULQWDQG
fd;k tkrk gS A electronic media.
okf"kZd fjiksVZ dks cSad dh oSclkbV ds vfrfjDr LVkWd ,Dlpsat dh 7KH$QQXDO5HSRUWLVDOVRKRVWHGRQWKH%DQN¶VZHEVLWH
osclkbZVksa ij Hkh n'kkZ;k tkrk gS A EHVLGHVWKHZHEVLWHVRIWKHVWRFNH[FKDQJHV
10- vke 'ks;jèkkjdksa ds fy, lwpuk 10. General Shareholders’ Information

10-1 cSad ds 'ks;jèkkjdksa dh okf"kZd vke cSBd % 10.1 Annual General Meeting of the shareholders of the
Bank:
17oha okf"kZd vke cSBd dk dk;ZØe bl çdkj gS % 7KH IROORZLQJ LV WKH VFKHGXOH RI WKH th Annual General
Meeting:
fnu] frfFk o le;
} ,th,e uksfVl esa fn, x;s fooj.k ds
'D\'DWH 7LPH s er details iven in
LFkku vuqlkj
Venue
} G otice

10-2 foÙkh; dSys.Mj 2018&19 ds fy, (lEHkkfor) 10.2 Financial Calendar (Tentative) for 2018-19

fuEukafdr lekIr vofèk@frekgh foÙkh; ifj.kkeksa dk vuqeksnu & $SSURYDORI¿QDQFLDOUHVXOWVIRUWKHTXDUWHUSHULRGHQGLQJ

30 twu 2018 dks lekIr frekgh & vxLr] 14] 2018 rd 4(-XQH %\$XJXVW
30 flrEcj 2018 dks lekIr frekgh & uoEcj] 14] 2018 rd 4(6HSWHPEHU %\1RYHPEHU
31 fnlEcj 2018 dks lekIr frekgh & iQjojh] 14] 2019 rd 4('HFHPEHU %\)HEUXDU\
31 ekpZ 2019 dks lekIr frekgh@o"kZ & ys•kijhf{kr ys•s & 30  4<HDUHQGHG0DUFK$XGLWHG$FFRXQWVE\
ebZ 2019 rd 0D\

10-3 ykHkka'k dk C;kSjk & foÙkh; o"kZ 2017&18 ds fy, 10.3 Dividend details Financial Year 2017-18

i) ykHkka'k%& cSad ds funs'kd eaMy us 2017&18 ds fy, ykHkka'k i) Dividend: 7KH%RDUGRI'LUHFWRUVRIWKH%DQNKDV

ds Hkqxrku djus dh fliQkfj'k ugha dh gSA QRWUHFRPPHQGHGSD\PHQWRIGLYLGHQGIRU

i) ykHkka'k forj.k uhfr%& cSad }kjk forfjr dh tkus okyh
ykHkka'k jkf'k vkSj os ifjfLFkfr;ka ftlesa ykHkka'k dh ?kks"k.kk ugha
dh tk ldrh ds lacaèk esa Hkkjrh; fjtoZ cSad o Hkkjr ljdkj
ds fn'kkfunZs'kksa dks 'kkfey djrs gq, ykHkka'k forj.k uhfr cukbZ
xbZ gSA ;g ykHkka'k forj.k uhfr cSad dh osclkbV https://
www.pnbindia.in/Regulatory.html ij miyCèk gSA
ii) Dividend Distribution Policy:  7KH %DQN KDV
IRUPXODWHG D 'LYLGHQG 'LVWULEXWLRQ 3ROLF\ ZKLFK
LQFOXGHV WKH 5%, DQG *RYHUQPHQW JXLGHOLQHV
UHJDUGLQJ TXDQWXP RI 'LYLGHQG WR EH GLVWULEXWHG
and circumstances under which dividend may not
EH GHFODUHG 7KH 'LYLGHQG 'LVWULEXWLRQ 3ROLF\ LV
DYDLODEOHDW%DQN¶VZHEVLWHDWhttps://www.pnbindia.
in/Regulatory.html

62

2 PNB Full AR 2017-18 7-68 160718.indd 62 16-Jul-18 2:16:35 PM

 10-4 i) LVkWd ,Dlpsatksa ij lwphdj.k % 10.4 (i) Listing on Stock Exchanges:

cSad ds 'ks;j fuEufyf•r LVkWd ,Dlpsatksa esa lwphc¼ gSa %& The shares of the bank are listed on the following Stock
Exchanges:

LVkWd ,Dlpsat LVkWd dksM lwphdj.k dh Stock Exchange Stock Date of Initial
vkjfEHkd frfFk Code Listing
uS'kuy LVkWd ,Dlpsat vkWiQ bafM;k ih,uch 24.4.2002 National Stock Exchange of PNB 24.4.2002
fy0 (,u,lbZ) India Ltd. (NSE)
Bandra - Kurla Complex,
ckUæk & dqykZ dEIysDl] eqEcbZ Mumbai
ckEcs LVkWd ,Dlpsat fyfeVsM] 532461 25.4.2002
Bombay Stock Exchange Ltd. 532461 25.4.2002
(ch,lbZ) (BSE)
ih- ts- VkWolZ] nyky LVªhV] P. J. Towers, Dalal Street,
eqEcbZ Mumbai

ii) lwphdj.k 'kqYd rFkk vfHkj{kk 'kqYd dk Hkqxrku (ii) Payment of Listing Fee and Custodian charges

,u,lbZ rFkk ch,lbZ dks okf"kZd lwphdj.k 'kqYd rFkk
,u,lMh,y vkSj lhMh,l,y dks okf"kZd vfHkj{kk 'kqYd
v|ru vnk gS A
10-5 ys•kcUnh dh frfFk;k¡ vkSj fjeksV bZ&oksfVax dh dV vkWiQ frfFk%
,th,e uksfVl esa fn, x;s fooj.k ds vuqlkj
The annual listing fee to NSE & BSE and annual
custody charges to NSDL & CDSL have been paid
up to date.
10.5 Dates of Book Closure and Cut-off date for remote
e-voting: s er details iven in G otice

10-6 cSad ds 'ks;jksa ds cktkj ewY; (`) vkWadM+s@dk;Z fu"iknu* 10.6 Market Price (`)Data / Performance of Bank’s shares*
ekg ,u,lbZ ch,lbZ la;qDr Month NSE BSE COMBINED
mPp U;wu ek=kk mPp U;wu ek=kk ek=kk HIGH LOW VOLUME HIGH LOW VOLUME VOLUME
vçSy&17 168.85 149.45 188323629 168.90 148.9 16891497 205215126 Apr-17 168.85 149.45 188323629 168.90 148.9 16891497 205215126
ebZ&17 179.45 145.10 342532201 179.45 145.40 33711579 376243780 May-17 179.45 145.10 342532201 179.45 145.40 33711579 376243780
twu&17 153.80 136.50 152405525 153.30 136.45 13588619 165994144 Jun-17 153.80 136.50 152405525 153.30 136.45 13588619 165994144
tqykbZ&17 162.95 136.55 171822686 162.95 136.65 23941201 195763887 Jul-17 162.95 136.55 171822686 162.95 136.65 23941201 195763887
vxLr&17 158.95 137.60 215529414 158.90 137.80 16851076 232380490 Aug-17 158.95 137.60 215529414 158.90 137.80 16851076 232380490
flrEcj&17 145.25 129.05 122131547 145.40 129.05 10035331 132166878 Sep-17 145.25 129.05 122131547 145.40 129.05 10035331 132166878
vDVwcj&17 213.60 129.55 485477565 213.20 129.60 49705729 535183294 Oct-17 213.60 129.55 485477565 213.20 129.60 49705729 535183294
uoEcj&17 207.80 176.10 487426326 207.30 176.15 59466550 546892876 Nov-17 207.80 176.10 487426326 207.30 176.15 59466550 546892876
fnlacj&17 178.75 167.80 332745599 178.40 167.80 23258977 356004576 Dec-17 178.75 167.80 332745599 178.40 167.80 23258977 356004576
tuojh&18 194.65 165.55 410213667 194.55 165.55 32955435 443169102 Jan-18 194.65 165.55 410213667 194.55 165.55 32955435 443169102
iQjojh&18 167.55 98.35 1438966732 167.05 98.35 111418089 1550384821 Feb-18 167.55 98.35 1438966732 167.05 98.35 111418089 1550384821
ekpZ&18 101.05 93.15 865631615 101.00 93.15 73638430 939270045 Mar-18 101.05 93.15 865631615 101.00 93.15 73638430 939270045
dqy 5213206506 465462513 5678669019 TOTAL 5213206506 465462513 5678669019

*lzksr & ,u,lbZ@ch,lbZ oSclkbV (www.nseindia.com / www.bseindia.com) *Source - NSE/BSE website (www.nseindia.com / www.bseindia.com)

cSad ds 'ks;j dk ewY; U;wure ` 93-15 rFkk vfèkdre ` 213-60
rFkk ,u,lbZ vkSj ch,lbZ esa dkjksckj dh dqy ek=kk 567-87 djksM+
'ks;j jgh tcfd ÝyksfVax LVkWd 104-22 djksM+ 'ks;j jgk A
10-7 cSad fuÝVh dh rqyuk esa cSad ds 'ks;j dk fu"iknu xzkiQ ds :i
esa fuEuor n'kkZ;k x;k gS %&
The shares of the Bank were traded between a low of
`93.15 and high of `213.60GXULQJWKH¿QDQFLDO\HDUDQG
total volume traded at NSE & BSE was 567.87 crore shares
DVDJDLQVWWKHÀRDWLQJVWRFNRIFURUHVKDUHV
10.7 Performance of Bank’s share price in comparison with
Bank Nifty.

cSad ds 'ks;j dh rqyuk esa cSad fuÝVh dk xzkiQ ds :i esa fu"iknu The graphical depiction of performance of Bank’s share
fuEu vuqlkj jgk & vis-à-vis Bank Nifty is given below:

63

2 PNB Full AR 2017-18 7-68 130718.indd 63 13-Jul-18 4:27:44 PM

 10-8 çfr 'ks;j vkadM+k 10.8 Per Share Data:

(`) 2015-16 2016-17 2017-18 (`) 2015-16 2016-17 2017-18

vafdr ewY; (`) 2/- 2/-2/- Face Value (`) 2/- 2/- 2/-
31 ekpZ dh lekfIr ij ,u,lbZ 84.70 149.90 95.30
Closing as on 31st March 84.70 149.90 95.30
(`) -NSE(`)
vk; (`) (-) 20.82 6.45 -55.39 Earnings (`) (-) 20.82 6.45 -55.39
ykHkka'k ` 2@& ds çR;sd bfDoVh 'kwU; 'kwU; 'kwU; Dividend per Equity Share Nil Nil Nil
'ks;j ij of ` 2/- each
ykHkka'k (») 'kwU; 'kwU; 'kwU; Dividend (%) Nil Nil Nil
cgh ewY; (`) 180.61 177.03 135.44 Book Value (`) 180.61 177.03 135.44
çnÙk ykHkka'k 'kwU; 'kwU; 'kwU; Dividend payout (% of Net Nil Nil Nil
('kq¼ ykHk dk »)
orZeku foÙkh; o"kZ ds nkSjku cSad dh çfrHkwfr;ksa dks fdlh Hkh le;
O;kikj ds fy, lLisaM ugha fd;k x;k A
10-9 'ks;j vUrj.k ,tsaV (,lVh,)
chVy iQkbuSaf'k;y ,aM dEI;wVj lfoZlst (çk-) fy- tks fd lsch esa
iathÑr vkSj 'ks;j varj.k ,tsaV gSa] cSad ds 'ks;j varj.k ,tsaV ds
:i esa 01-01-2013 ls fu;qDr fd, x, gSaA lEiadZ fooj.k uhps fn,
x, gSa %&
chVy iQkbuSaf'k;y ,aM dEI;wVj lfoZlst (çk-) fy- (;wfuV %
ih,uch)
^chVy gkml*] r`rh; ry
99] enuxhj] LFkkuh; 'kkWfiax lsUVj ds ihNs
ubZ fnYyh & 110062
nwjHkk"k ua- & 011&29961281@82@83] iQSDl % 011& 29961284
bZ&esy & EHHWDO#EHHWDO¿QDQFLDOFRP
10-10 ewrZ :i esa j•s x;s 'ks;jksa ds fy, 'ks;j varj.k ç.kkyh
(i ) ewrZ :i esa 'ks;jksa ds 'ks;jèkkjd 'ks;jksa ds vUrj.k] 'ks;jksa
ds çs"k.k] vius irs esa ifjorZu] VsyhiQksu@eksckby uEcj]
bZ&esy vkSj cSad vfèkns'k (cSad dk uke] irk] •krk la[;k]
,evkbZlhvkj dksM bR;kkfn) vkSj bZ&ØsfMV vfèkns'k bR;kfn
ds lacaèk esa 'ks;j vUrj.k ,ts.V dks lhèks mDr irs (Øe la0
10-9 esa fn, x,) ij vuqjksèk dj ldrs gSaA blls lHkh lans'kksa
rFkk ykHkdkjh fgrksa dh Bhd ,oa le; ij çkfIr lqfuf'pr gks
ldsxhA
(ii) cSad dh 'ks;j varj.k lfefr ds vuqeksnu ds ckn 'ks;j varj.k
,tsUV (,lVh,) }kjk fuèkkZfjr le; ds Hkhrj ewrZ 'ks;j
vUrfjr dj fn;s tkrs gSa A
64
2 PNB Full AR 2017-18 7-68 130718.indd 64
3UR¿W
The securities of the Bank have not been suspended for
WUDGLQJDQ\WLPHGXULQJWKHFXUUHQW¿QDQFLDO\HDU
10.9 Share Transfer Agent (STA)
Beetal Financial & Computer Services (P) Ltd., a SEBI
registered Registrar and Share Transfer Agent has been
appointed Share Transfer Agent of the Bank with effect
from 01.01.2013. Contact details are given below:
Beetal Financial & Computer Services (P) Limited (Unit:
PNB)
‘Beetal House’, 3rd Floor
99, Madangir, Behind Local Shopping Centre
New Delhi 110062
Tel. No. 011-29961281/82/83, Fax: 011-29961284
HPDLOEHHWDO#EHHWDO¿QDQFLDOFRP
10.10 (i) Share Transfer System for shares held in
physical form
Shareholders holding shares in physical form
may send requests/communications for transfer/
transmission of shares, change of address (with
Telephone / Mobile Numbers), E-mail address,
change in Bank mandate (i.e. Name of Bank,
Address, Account No., MICR Code etc.), e-Credit
mandate etc. directly to STA at the above address
(given at S. No. 10.9) for updation of records and
to ensure timely receipt of all communications &
EHQH¿FLDOLQWHUHVWVE\WKHP
(ii) The transfer of physical shares is affected by the
STA within the stipulated time on approval by Share
Transfer Committee of the Bank.
13-Jul-18 4:27:45 PM
 10-11 MhesV :i esa j•s x;s 'ks;jksa ds fy, 'ks;j varj.k ç.kkyh
(i ) cSad ds 'ks;jksa dk dkjksckj vfuok;Zr% MheSV :i ls
vkbZ,lvkbZ,u dwV vkbZ,ubZ 160,01022 ds varxZr fd;k tkrk
gS A nh uS'kuy flD;wfjVht fMikftVjh fy- (,u,lMh,y) rFkk
lSUVªy fMikWftVjh lfoZlst fyfeVsM (lhMh,l,y) fMikWftVjh
esa cSad ds 'ks;j MheSV :i esa j•s x;s gSa A
(ii) 'ks;jèkkjd ftuds ikl 'ks;j MheSV #i esa gSa muls vuqjksèk gS
fd os vius irs vFkok vkSj@;k cSad vfèkns'k (cSad dk uke]
irk] •krk la- ekbZdj dksM bR;kfn) esa ifjorZu ds lacaèk esa
fjdkWMZ viMsV djus ds fy, lhèks vius fMikftVjh lg;ksxh
10.11 Share Transfer System for shares held in Demat form.
(i) The Bank’s shares are traded in Demat mode under
ISIN code INE160A01022 on both NSE and BSE.
The National Securities Depository Ltd, (NSDL) and
the Central Depository Services Ltd. (CDSL) are the
two depositories holding the Bank’s share in Demat
form.
(ii) Shareholders are requested to inform their Depository
Participant (DP) directly for updating the records in
case of any change in address and/or Bank mandate
(Name of Bank, Address, Account No, MICR Code
dks lwfpr djsa A
10-12 (,) bySDVªkWfud oksfVax % 'ks;jèkkjdksa ls vuqjksèk gS fd os viuk
uohure bZesy vkbZMh vius fMikftVjh lgHkkxh ;k ,lVh,] tSlh Hkh
fLFkfr gks] ds lkFk iathÑr djok ysa rkfd fjeksV bZ&oksfVax lqfoèkk
ds fy, l{ke gks lds A
10-13 ih,uch & vnkokÑr 'ks;j (mpar) •krs % lsch (,yvksMhvkj)
fofu;eu 2015 ds vuqlkj vnkokÑr 'ks;jksa dk C;kSjk fuEufyf•r
gS%&
,iQihvks (2005) vkbZihvks (2002) dqy
HWFIRUVKDUHVKHOGLQ'HPDWHULDOL]HGIRUP
10.12 (A) Electronic Voting: Shareholders are requested to
register their latest email ID with their Depository Participant
or STA, as the case may be, for enabling remote e-voting
facility.
10.13 PNB-Unclaimed Shares (Suspense) A/c: The details
of unclaimed shares as per SEBI (LODR) Regulations,
2015 is as under:-
FPO (2005) IPO (2002) TOTAL

Ø- fooj.k 'ks;j& 'ks;jksa 'ks;j& 'ks;jksa 'ks;j& 'ks;jksa S. Particulars No. of No. of No. of No. of No. of No. of
la- èkkjdksa dh dqy èkkjdksa dh dqy èkkjdksa dh dqy No. Share- Shares Share- Shares Share- Shares
dh la[;k la[;k dh la[;k la[;k dh la[;k la[;k holders holders holders

1 o"kZ ds çkjEHk 355 60510 58 33500 413 94010 1 Opening at the 355 60510 58 33500 413 94010
vFkkZr~ 1-04- beginning of
2017 dks the year i.e.
01.04.2017 (` 2/
cdk;k (` 2@& each)
çR;sd)
2 o"kZ ds nkSjku - - - - - - 2 No. of - - - - - -
shareholders
'ks;j varj.k approached
ds fy, vk, for transfer of
'ks;jèkkjdksa dh shares during
the year
la[;k
3 o"kZ ds nkSjku - - - - - - 3 No. of - - - - - -
'ks;jèkkjdksa dh shareholders to
whom shares
la[;k ftuds were transferred
'ks;j varfjr during the year
fd, x,
4 Outstanding at 355 60510 58 33500 413 94010
4 o"kZ ds var 355 60510 58 33500 413 94010 the end of the
vFkkZr 31- year
03-2018 dks .e. 31.03.2018
(1-3)
cdk;k (1&3)
* &HUWL¿HG WKDW YRWLQJ ULJKWV RQ WKHVH VKDUHV UHPDLQV IUR]HQ WLOO WKH ULJKWIXO RZQHU
* çekf.kr fd;k tkrk gS fd bu 'ks;jksa ij oksfVax vfèkdkj rc rd Úht jgsxk tc rd dh
claims the said shares.
bu 'ks;jksa dk vlyh Lokeh nkok ugha djrk A

65

2 PNB Full AR 2017-18 7-68 130718.indd 65 13-Jul-18 4:27:45 PM

 10-14 31 ekpZ] 2018 dh fLFkfr vuqlkj 'ks;jèkkfjrk rFkk forj.k 10.14 Shareholding and Distribution Pattern as on 31st March
iSVuZ 2018:

i) 'ks;jèkkfjrk iSVuZ (i) Shareholding Pattern

'ks;jèkkjdksa dh Js.kh » èkkfjr Shareholders’ Category %age Equity

shares held
bfDoVh 'ks;j
President of India 62.25
Hkkjr ds jk"Vªifr 62.25
FIIs/NRIs/OCBs 9.23
,iQvkbZvkbZ@,uvkjvkbZ@vkslhch 9.23
Banks/Financial Institutions/ Insurance
cSad@foÙkh; laLFkk,a@chek dEifu;ka 14.05 Companies 14.05
E;qpqvy iQ.M 8.18 Mutual Funds 8.18
?kjsyw dEifu;ka@VªLVh 1.30 Domestic Companies/Trusts 1.30
4.91 Indian Public/Resident Individuals/
Hkkjrh; tulkèkkj.k @fuoklhtu@,p;w,iQ HUF 4.91
Dyh;fjax lnL; 0.08
Clearing Members 0.08
dqy 100.00 Total 100.00
ii) 31-3-2018 dh fLFkfr vuqlkj 'ks;jèkkjdksa dh la[;k 4]80]078 (ii) No. of shareholders as on 31.03.2018 4,80,078
iii) çR;sd bfDoVh 'ks;j dk lkadsfrd ewY; (`) 2@& (iii) Nominal value of each Equity Share (`) 2/-
iv) forj.k iSVuZ% iv) Distribution Pattern:

'ks;jèkkjdksa dh dqy dh 'ks;jksa dk bfDoVh 'ks;jksa jkf'k (`) dqy dh No. of % Shareholding of No. of Amount (`) %age
la[;k çfr'krrk lkadsfrd ewY; dh la[;k çfr'krrk Shareholders age Nominal Value Equity to
of of (`) Shares Total
(`) Total
473586 98.65 rd 5000 103799016 207598032 3.76
473586 98.65 Upto 5000 103799016 207598032 3.76
4062 0.85 5001 to 10000 14511061 29022122 0.53 4062 0.85 5001 to 10000 14511061 29022122 0.53
1285 0.27 10001 to 20000 9387374 18774748 0.34
1285 0.27 10001 to 20000 9387374 18774748 0.34
328 0.07 20001 to 30000 3987702 7975404 0.14
328 0.07 20001 to 30000 3987702 7975404 0.14
147 0.03 30001 to 40000 2661104 5322208 0.10
147 0.03 30001 to 40000 2661104 5322208 0.10
102 0.02 40001 to 50000 2324291 4648582 0.08
102 0.02 40001 to 50000 2324291 4648582 0.08
184 0.04 50001 to 100000 6508717 13017434 0.24
184 0.04 50001 to 100000 6508717 13017434 0.24
384 0.08 100001 vkSj 2617393962 5234787924 94.81
384 0.08 100001 and 2617393962 5234787924 94.81
vfèkd above
dqy% 480078 100 2760573227 5521146454 100 Total: 480078 100 2760573227 5521146454 100

v) 31-03-2018 dh fLFkfr vuqlkj HkkSxksfyd vkèkkj ij 'ks;jèkkjdksa v) Geographical spread of Shareholders as on 31.03.2018:
dh fLFkfr%
bySDVªkWfud ewrZ :i esa dqy ELECTRONIC PHYSICAL TOTAL

'kgj dk uke 'ks;jèkkjd çfr'kr 'ks;j çfr'kr 'ks;jèkkjd çfr'kr 'ks;j çfr'kr 'ks;jèkkjd çfr'kr 'ks;j çfr'kr CITY NAME HOLDER per % SHARES per% HOLDER Per% SHARES PER% Holder Per% Share Per%

vgenkckn 16781 3.56 5612285 0.23 54 0.65 30000 0.01 16835 3.51 5642285 0.20 AHMEDABAD 16781 3.56 5612285 0.23 54 0.65 30000 0.01 16835 3.51 5642285 0.20

cSaxyksj 19382 4.11 5746452 0.24 201 2.41 172255 0.05 19583 4.08 5918707 0.21 BANGALORE 19382 4.11 5746452 0.24 201 2.41 172255 0.05 19583 4.08 5918707 0.21

pSUubZ 15457 3.28 5247039 0.22 389 4.67 341590 0.10 15846 3.30 5588629 0.20 CHENNAI 15457 3.28 5247039 0.22 389 4.67 341590 0.10 15846 3.30 5588629 0.20

fnYyh 41971 8.90 1405244976 58.09 741 8.90 586460 0.17 42712 8.90 1405831436 50.93 DELHI 41971 8.90 1405244976 58.09 741 8.90 586460 0.17 42712 8.90 1405831436 50.93

gSnjkckn 10944 2.32 9338583 0.39 159 1.91 139500 0.04 11103 2.31 9478083 0.34 HYDERABAD 10944 2.32 9338583 0.39 159 1.91 139500 0.04 11103 2.31 9478083 0.34

dksydÙkk 20115 4.26 7910235 0.33 257 3.09 231990 0.07 20372 4.24 8142225 0.29 KOLKATA 20115 4.26 7910235 0.33 257 3.09 231990 0.07 20372 4.24 8142225 0.29

eqEcbZ 51589 10.94 901096990 37.25 513 6.16 415700 0.12 52102 10.85 901512690 32.66 MUMBAI 51589 10.94 901096990 37.25 513 6.16 415700 0.12 52102 10.85 901512690 32.66

,ulhvkj vU; 16755 3.55 6663147 0.28 218 2.62 181525 0.05 16973 3.54 6844672 0.25 NCR OTH 16755 3.55 6663147 0.28 218 2.62 181525 0.05 16973 3.54 6844672 0.25

vU; 278755 59.09 72055238 2.98 5797 69.60 339559262 99.39 284552 59.27 411614500 14.91 OTHER 278755 59.09 72055238 2.98 5797 69.60 339559262 99.39 284552 59.27 411614500 14.91

dqy 471749 100.00 2418914945 100.00 8329 100.00 341658282 100.00 480078 100.00 2760573227 100.00 TOTAL 471749 100.00 2418914945 100.00 8329 100.00 341658282 100.00 480078 100.00 2760573227 100.00

66

2 PNB Full AR 2017-18 7-68 130718.indd 66 13-Jul-18 4:27:46 PM

 vi) 31-3-2018 ds vuqlkj 'ks;jèkkjdksa }kjk ewrZ #i esa rFkk MhesV vi) Details of shares held by the Shareholders in Physical
#i esa èkkfjr 'ks;jksa dk fooj.k % & Dematerialized form as on 31.03.2018

Ø- fooj.k 'ks;jèkkjdksa 'ks;jksa dh 'ks;jèkkfjrk S. Particulars No. of No. of %

la- dh la[;k la[;k dk çfr'kr No. Shareholders Shares Shareholding

1 ewrZ #i esa 8329 341658282 12.38 1. Physical 8329 341658282 12.38

2 MheSV #i esa 471749 2418914945 87.62 2. Dematerialized 471749 2418914945 87.62

i) ftuesa ls] ,u,lMh,y 295812 985036385 35.68 i) of which, NSDL 295812 985036385 35.68
ii) lhMh,l,y 175937 1433878560 51.94 ii) CDSL 175937 1433878560 51.94

dqy (1$2) 480078 2760573227 100.00 Total (1+2) 480078 2760573227 100.00

During the Financial Year, Bank allotted 29,76,19,047

foÙkh; o"kZ ds nkSjku] cSad us ` 2@& çfr bfDoVh 'ks;j ds vafdr
equity shares of the face value of ` 2/- each at a
ewY; ds ` 166-00 (` 168-00 fuxZe dher) ds çhfe;e ij premium of ` 166.00 (Issue price ` 168.00) aggregating
29]76]19]047 bfDoVh 'ks;j ;ksX; laLFkkxr IyslesaV (D;wvkbZih) `  WR 4XDOL¿HG ,QVWLWXWLRQDO %X\HUV
ds ekè;e ls ;ksX; laLFkkxr •jhnkjksa (D;wvkbZch) dks fnlEcj 2017 esa
` 4999]99]99]896-00 dh jkf'k çkIr gqbZA
lkFk gh] cSad us ` 2@& çfr bfDoVh 'ks;j ds vafdr ewY; ds
` 161-38 (` 163-38 fuxZe dher) ds çhfe;e ij
33]49]85]922 bfDoVh 'ks;j Hkkjr ljdkj dks vfèkeku vkèkkj ij
` 5472]99]99]936-36 dh jkf'k çkIr gqbZA
10-15 foÙkh; o"kZ 2017&18 ds nkSjku cSad us dksbZ Hkh thMhvkj@,Mhvkj@
okjaV vFkok dksbZ Hkh ifjorZuh; foys• tkjh ugha fd;k gS rFkk
31-03-2018 dks dksbZ thMhvkj@,Mhvkj@okjaV ;k dksbZ ifjorZuh;
foys• cdk;k ugha gSA
10-16 deksfMVh ewY; tksf•e 'kwU; gSA fons'kh fofue; tksf•e o gSftax ls
lacafèkr xfrfofèk;ka fuEufyf•r gS%
y cksMZ us fuos'k ikWfylh dks vkbZvkj,eMh] feM vkWfiQl }kjk
cuk, x, çqMsaf'k;y fn'kkfunZs'k@cSad ds fn'kkfunZs'k ds lekukarj
vuqeksfnr fd;k gS tks fd fofHkUu lhekvksa dh fiQfDlax
}kjk dV ykWl@ykHk lhek,a viukuk (Mhyj@djsalh vkèkkfjr)
vksojukbV@iQkWoZMZ vkWiu fLFkfr bR;kfn ds laHkkfor Hkfo"; esa
gksus okyh gkfu dks ifjHkkf"kr djrk gSA fnu ds nkSjku vksiu
fLFkfr ds lkFk Ms ykbV vksiu fLFkfr lhek fiQfDlax }kjk
fofue; tksf•e crkrk gSA eè;orhZ dk;kZy;] vkbZvkj,eMh
}kjk fofHkUu ifjiDork vofèk esa fons'kh eqæk udnh çokg esa
varj ds dkj.k mRiUu fons'kh fofue; tksf•e lhekvksa tSls
vkbZth,y] ,th,y vkSj oh,vkj dh lhek fuèkkZfjr o mudh
fuxjkuh dh tkrh gSA
y lHkh epZsaV vkèkkfjr ysunsu esa (vk;kr@fu;kZr@vkod çs"k.k@
tkod çs"k.k) varj cSad cktkj esa vksVhlh O;qRiUuh (LoSi o
iQkWoZMZ) ds ekè;e ls jf{kr fd, tkrs gSaA
y ,iQlh,uvkj@bZbZ,iQlh@vkj,iQlh ds ekè;e ls l`ftr ;w,lMh
fufèk LokHkkfod :i ls mlh eqæk esa fufèk;ksa dk vkxeu vkSj
mlh eqæk esa fufèk;ksa dk cfgxZeu jf{kr gksrk gSA ;w,lMh ds
vykok mi;ZqDr tek,a eqæk LoSi ra=k ds ekè;e ls ;w,lMh esa
ifjofrZr gksrh gSa vkSj ?kkVs esa yh xbZ LoSi ykxr dks i'pkr
ykHk esa çnf'kZr fd;k tkrk gSA
y cSad ds ikl ,d lqn`< o lqifjHkkf"kr ,evkbZ,l gS ftlds
ekè;e ls nSfud xfrfofèk;ksa ds çR;sd fnu lHkh Lrj ij
mPp çcUèku ds le{k j•s tkrs gSaA bls eè;orhZ dk;kZy;
vkbZvkj,eMh }kjk cukbZ xbZ cksMZ }kjk vuqeksfnr fuos'k uhfr esa
ifjHkkf"kr fd;k x;k gSA
2 PNB Full AR 2017-18 7-68 130718.indd 67
4,%V WKURXJK 4XDOL¿HG ,QVWLWXWLRQDO 3ODFHPHQW 4,3 LQ
December 2017.
Further, Bank has allotted 33,49,85,922 equity shares of
the face value `2/- each at a premium of `161.38 (Issue
price `163.38) aggregating to `5472,99,99,936.36 to
Government of India on preferential basis.
10.15 Bank has not issued any GDRs/ADRs/Warrants or any
FRQYHUWLEOHLQVWUXPHQWVGXULQJWKH¿QDQFLDO\HDU
and there are no outstanding GDRs/ADRs/Warrants or
any convertible instruments as on 31.03.2018.
10.16 Commodity Price Risks are Nil. As regards foreign
exchange risk and hedging activities:
y Board approved Investment Policy in line with
prudential guidelines/Bank guidelines framed by
Mid Office, Integrated Risk Management Division
(IRMD) is in place which defines potential future
losses by fixing various limits such as cut loss/
take profit limits (Dealer wise/Currency wise),
Overnight/forward open positions etc. Exchange
risk associated with intraday open position is also
addressed by fixing Daylight Open Position limit.
Foreign Exchange risk arising due to mismatch
of foreign currency cash flow in different maturity
buckets are addressed by limits such as IGL,
AGL and VaR fixed and monitored by Mid Office,
IRMD.
y All merchant (Export/Import/Inward remittance/
Outward remittance) based transactions are hedged
through OTC derivatives (swap and forward) in
Interbank market.
y USD funds generated through FCNR/EEFC/RFC are
QDWXUDOO\KHGJHGDVLQÀRZDQGRXWÀRZRIIXQGWDNHV
place in the same currency. Aforesaid deposits other
than USD are converted into USD through currency
VZDS PHFKDQLVP DQG GHSOR\HG SUR¿WDEO\ DIWHU
taking swap cost into account.
y %DQN KDV D UREXVW DQG ZHOO GH¿QHG 0,6 WKURXJK
which daily activities are placed before Top
Management at all levels every day. The same has
EHHQ GH¿QHG LQ %RDUG DSSURYHG ,QYHVWPHQW 3ROLF\
IUDPHGE\0LG2I¿FH,50'
67
13-Jul-18 4:27:47 PM
 10-17 bfDoVh ekeyksa ds lacaèk esa i=kkpkj dk irk %&
dEiuh lfpo
iatkc uS'kuy cSad
'ks;j foHkkx] foÙk çHkkx
çFke ry] iwoZ foax] IykWV la-4] lsDVj&10] }kjdk] ubZ fnYyh&110075
nwjHkk"k la- 011- 28044866
bZesy% hosd@pnb.co.in
10-18 vkWuykbZu f'kdk;r fuokj.k ç.kkyh% 'ks;jèkkjdksa dh iwNrkN@f'kdk;rksa
ds fuiVku gsrq i=kkpkj lfgr le; vofèk de djus ds fy, cSad us
vkWuykbZu iwNrkN@f'kdk;r@f'kdk;r fuokj.k ç.kkyh miyCèk djkbZ gSA
ubZ ç.kkyh ds varxZr 'ks;jèkkjd gekjh osclkbZV www.pnbindia.in
ij miyCèk djk, x, iksVZy ds ekè;e ls Investorinfo > others
> OnlineShareholderqueries/requests/grievances ds varxZr
viuh iwNrkN@f'kdk;r ntZ dj ldrs gSaA 'ks;jèkkjd ntZ djus dh
frfFk ls ysdj mlds fuiVku dh frfFk rd f'kdk;r dh fLFkfr dks
ns• ldrs gSaA
10.17 Address for Correspondence in respect of equity
related issues:
The Company Secretary
Punjab National Bank
Share Department, Finance Division
1st Floor, East Wing, Plot No.4, Sector-10,
Dwarka, New Delhi - 110075
Tel. No. 011- 28044866
e-mail : hosd@pnb.co.in
10.18 Online grievance redressal system: The Bank has
made available an online query/grievance/complaint
redressal system for reducing the time period involved in
correspondence in resolving the shareholders’ queries/
grievances. Under the new system the shareholder may
log in their query/complaint through the portal provided in
our website www.pnbindia.in under Investorinfo > others
> OnlineShareholderqueries/requests/grievances. The
shareholder will be able to view status of the reference
from the date of lodging till its resolution.

Ñrs iatkc uS'kuy cSad For Punjab National Bank

LFkku% ubZ fnYyh (lquhy esgrk) Place: New Delhi (Sunil Mehta)
fnukad% 22-06-2018 çcaèk funs'kd ,oa eq[; dk;Zikyd vfèkdkjh Date: 22.06.2018 Managing Director & CEO

?kks"k.kk Declaration

lsch (,yvksMhvkj) fofu;eu 2015 ds (As per Schedule V (D) of the

vuqlwph V (Mh) ds vuqlkj SEBI (LODR) Regulations, 2015)

cSad us lHkh cksMZ lnL;ksa rFkk ofj"B çcaèku oxZ ds vfèkdkfj;ksa ds fy,
vkpkj lafgrk rS;kj dh gS ftls cSad dh osc&lkbV https://www.pnbindia.
in/model-code-of-conduct.html ij n'kkZ;k x;k gSA
cksMZ ds lHkh lnL;ksa rFkk ofj"B çcaèku us •.M 26 (3) ds lkFk vkpkj
lafgrk ds vuqikyu dh iqf"V dh gSA
The Bank has laid down a Code of Conduct for all the Board
Members and Senior Management Personnel of the Bank, which
is posted on the website of the Bank i.e.https://www.pnbindia.in/
model-code-of-conduct.html
7KH %RDUG 0HPEHUV DQG 6HQLRU 0DQDJHPHQW KDYH DI¿UPHG
compliance to the Code of Conduct in accordance with Clause
26 (3).

Ñrs iatkc uS'kuy cSad For Punjab National Bank

LFkku% ubZ fnYyh (lquhy esgrk) Place: New Delhi (Sunil Mehta)
fnukad% 22-06-2018 çcaèk funs'kd ,oa eq[; dk;Zikyd vfèkdkjh Date: 22.06.2018 Managing Director & CEO

68

2 PNB Full AR 2017-18 7-68 130718.indd 68 13-Jul-18 4:27:48 PM

 foÙkh; fooj.k
Financial Statement

69

3 PNB Abridged AR 2017-18 69-77 130718.indd 69 13-Jul-18 4:29:52 PM

 IkatkCk uS'kuy CkSad dk 31 EkkpZ] 2018 dk laf{kIRk Rkqyu Ik=k
ABRIDGED BALANCE SHEET OF PUNJAB NATIONAL BANK AS ON MARCH 31, 2018

(lHkh jkf'k;ka ` yk[k Eksa) (All amounts in ` lac)

31 ekpZ 2018 dks 31 ekpZ 2017 dks
As on March 31, 2018 As on March 31, 2017
Ikwath vkSj nsÕkRkk,a
CAPITAL & LIABILITIES

Ikwath 55211 42559

Capital

çkjf{kRk fufèkÕkka vkSj vfèk'ks"k

Reserves & Surplus
lkafofèkd çkjf{kRk fufèkÕkka 999825 999825
Statutory Reserves
Ikwath çkjf{kRk fufèk 656111 560289
Capital Reserves
'ksÕkj çhfEkÕkEk 2108930 1079204
Share Premium
jktLo RkFkk vUÕk çkjf{kRk fufèkÕkka 287353 1527868
Revenue and other Reserves
ykHk o gkfu [kkRks Eksa 'ks"k 0 0
%DODQFHLQ3UR¿W /RVV$FFRXQW
tEkkjkf'kÕkka
Deposits
Ekkax tEkkjkf'kÕkka 4037420 4585331
Demand Deposits
CkpRk CkSad tEkkjkf'kÕkka 22287311 21416255
Savings Bank Deposits
lkofèk tEkkjkf'kÕkka 37897888 36168816
Term Deposits
mèkkj
Borrowings
HkkjRk Eksa mèkkj
Borrowings in India
(d) HkkjRkhÕk fj”koZ CkSad ls 1660600 0
(a) from Reserve Bank of India
([k) vUÕk CkSadksa ls 431879 38492
(b) from other Banks
(x) vUÕk laLFkkvksa vkSj ,tsaflÕkksa ls 2231784 2143446
(c) from other Institutions and Agencies

HkkjRk ls Ckkgj mèkkj 1760812 1894395

Borrowings outside India

vUÕk nsÕkRkk,a ,oa çkoèkku

Other liabilities and provisions
nsÕk fCky 239853 255405
Bills Payable
vURk% dkÕkkZyÕk lEkkÕkkstu ('kq¼) 258 279
,QWHU2I¿FHDGMXVWPHQWVQHW
mIkfpRk CÕkkt 174371 172860
Interest accrued
Ekkud vkfLRkÕkksa ds fy, çkoèkku 184903 335488
Provisions towards standard assets

70

3 PNB Abridged AR 2017-18 69-77 130718.indd 70 13-Jul-18 4:29:52 PM

 IkatkCk uS'kuy CkSad dk 31 EkkpZ] 2018 dk laf{kIRk Rkqyu Ik=k
ABRIDGED BALANCE SHEET OF PUNJAB NATIONAL BANK AS ON MARCH 31, 2018

(lHkh jkf'k;ka ` yk[k Eksa) (All amounts in ` lac)

31 ekpZ 2018 dks 31 ekpZ 2017 dks
As on March 31, 2018 As on March 31, 2017
vkLFkfxRk dj nsÕkRkk ('kq¼) 0 0
'HIHUUHG7D[/LDELOLW\1HW
vUÕk 1568501 812542
Others

dqy Ikwath vkSj nsÕkRkk,a

76583010 72033054
7RWDO&DSLWDODQG/LDELOLWLHV
vkfLRkÕkka
ASSETS
udnh ,oa HkkjRkhÕk fj”koZ CkSad ds Ikkl 'ks"k 2878903 2521000
Cash and balances with Reserve Bank of India

CkSadksa ds Ikkl tEkk 'ks"k vkSj Ekkax RkFkk vYIk lwpuk Ikj çkIÕk èku
Balances with Banks & Money at Call & Short Notice
HkkjRk Eksa CkSadksa ds Ikkl 'ks"k 1058108 1036201
Balances with Banks in India
HkkjRk Eksa Ekkax RkFkk vYIk lwpuk Ikj çkIÕk èku 2905406 2200000
0RQH\DW&DOODQG6KRUW1RWLFHLQ,QGLD
HkkjRk ls Ckkgj 'ks"k
2703783 3075965
Balances outside India

fuos'k
Investments
HkkjRk Eksa
In India
d) ljdkjh çfRkHkwfRkÕkka 15204635 14618276
(a) Government Securities
[k) vUÕk vuqEkksfnRk çfRkHkwfRkÕkka 14648 18830
(b) Other Approved Securities
x) 'ksÕkj 438303 535787
(c) Shares
?k) fMCksUpj vkSj Ckk.M 3061088 2471958
(d) Debentures and Bonds
M) vuq"kafxÕkka vkSj@vFkok laÕkqDr m|Ek 67257 75327
H6XEVLGLDULHVDQGRUMRLQWYHQWXUHV
p) vUÕk 491951 397696
(f) Others

HkkjRk ls Ckkgj 752716 554669

Outside India

vfxzEk
Advances
HkkjRk Eksa
In India
d) [kjhns vkSj Hkquk, x, fCky 2012655 2902371
(a) Bills purchased and discounted
[k) udn mèkkj] vksojMªkÝV vkSj Ekkax Ikj nsÕk ½.k 24630368 20319774
E&DVK&UHGLWV2YHUGUDIWV /RDQV
repayable on demand

71

3 PNB Abridged AR 2017-18 69-77 130718.indd 71 13-Jul-18 4:29:52 PM

 IkatkCk uS'kuy CkSad dk 31 EkkpZ] 2018 dk laf{kIRk Rkqyu Ik=k
ABRIDGED BALANCE SHEET OF PUNJAB NATIONAL BANK AS ON MARCH 31, 2018

(lHkh jkf'k;ka ` yk[k Eksa) (All amounts in ` lac)

31 ekpZ 2018 dks 31 ekpZ 2017 dks
As on March 31, 2018 As on March 31, 2017
x) fEkÕkknh ½.k 12630179 13727073
F7HUP/RDQV

HkkjRk ls Ckkgj 4100270 5000097

Outside India

vpy vkfLRkÕkka 634933 627325

Fixed Assets

vUÕk vkfLRkÕkka
Other Assets
vaRk% dkÕkkZyÕk lEkk'kksèku ('kq¼) 0 0
,QWHU2I¿FHDGMXVWPHQWVQHW
mIkfpRk CÕkkt 505720 446629
Interest accrued
dj dk vfxzEk HkqxRkku@dj dh ÏksRk Ikj dVkSRkh 268513 75397
Tax paid in advance / deducted at source
vkLFkfxRk dj vkfLRk ('kq¼) 1321475 610103
Deferred tax asset (net)
nkoksa ds fuIkVku gsRkq çkIRk xSj CkSa¯dx vkfLRkÕkka 11224 11203
1RQEDQNLQJDVVHWVDFTXLUHGLQVDWLVIDFWLRQRIFODLPV
vUÕk 890875 807374
Others

dqy vkfLRkÕkka 76583010 72033054

Total Assets

vkdfLEkd nsÕkRkk,a
Contingent Liabilities
CkSad ds fo:¼ ,sls nkos ftUgsa ½.k ds :Ik Eksa ugha Ekkuk xÕkk gS 31227 24068
Claims against the Bank not acknowledged as debts
CkdkÕkk okÕknk fofuEkÕk lafonkvksa ds dkj.k nsÕkRkk,a 22367012 24948638
/LDELOLW\RQDFFRXQWRIRXWVWDQGLQJIRUZDUGH[FKDQJH
contracts
xzkgdksa dh vksj ls nh xÕkha xkjafVÕkka 4982685 5210946
Guarantees given on behalf of constituents
LohÑfRkÕkka] Ik`’kadu vkSj vUÕk nkfÕkRo 2740815 2966481
Acceptances, endorsements and other obligations
vUÕk Eknsa ftuds fy, CkSad vkdfLEkd :Ik ls ftEEksnkj gS 291030 133000
Other items for which the Bank is contingently liable

olwyh ds fy, fCky 2785861 2577913

Bills for collection

çkjf{kRk fufèkÕkksa vkSj vfèk'ks"k ds vaRkxZRk IkquEkwZYÕku çkjf{kRk fufèk 368382 375053
7KHDPRXQWRI5HYDOXDWLRQ5HVHUYHXQGHU5HVHUYHV 6XUSOXV

ih ds ok".kZs; ,l ds tSu ih ds 'kekZ

P K Varshney S K JAIN P K SHARMA
eq[; çCkUèkd mi EkgkçCkUèkd EkgkçCkUèkd
Chief Manager DY. GENERAL MANAGER GENERAL MANAGER

72

3 PNB Abridged AR 2017-18 69-77 130718.indd 72 13-Jul-18 4:29:53 PM

 ,y oh çHkkdj
L V PRABHAKAR
dkÕkZIkkyd funs'kd
EXECUTIVE DIRECTOR

lquhy esgrk lquhy esgrk

SUNIL MEHTA SUNIL MEHTA
çca/ funs'kd ,oa eq[; dk;Zikyd vf/dkjh vè;{k
MANAGING DIRECTOR & CEO CHAIRMAN

jfo feÙky MkW jch ,u feJk egs'k ckcw xqIrk

RAVI MITAL Dr. RABI N MISHRA MAHESH BABOO GUPTA
funs'kd funs'kd funs'kd
DIRECTOR DIRECTOR DIRECTOR
lqèkhj uk;j lat; oekZ
SUDHIR NAYAR SANJAY VERMA
funs'kd funs'kd
DIRECTOR DIRECTOR
bZou frfFk dks gekjh fjiksVZ ds vuqlkj
As per our Report of even date
d`rs lwjh ,aM dEiuh ÑRks ,lih,eth ,aM dEiuh Ñrs ,edsih,l ,aM ,lksfl,V~l
For Suri & Co. For SPMG & Co. For MKPS & Associates
lunh ys[kkdkj & ,IkQvkj,u 004283,l lunh ys[kkdkj & ,IkQvkj,u 509249lh lunh ys[kkdkj & ,iQvkj,u 302014bZ
Chartered Accountants - FRN 004283S Chartered Accountants - FRN 509249C Chartered Accountants - FRN 302014E

(ih- os.kqxksiky) (vons'k xqIrk) (çnhi dqekj ykB)

lkÖksnkj lkÖksnkj lkÖksnkj
(P. Venugopal) (Avadesh Gupta) (Pradip Kumar Lath)
Partner Partner Partner
lnLÕk la0 035034 lnLÕk la0 516769 lnLÕk la0 054130
M No. 035034 M No. 516769 M No. 054130

ÑRks th ,l ekFkqj ,aM dEiuh ÑRks ,pMh,lth ,aM ,lksfl,V~l

For G S Mathur & Co. For HDSG & Associates
lunh ys[kkdkj & ,IkQvkj,u 008744,u lunh ys[kkdkj & ,IkQvkj,u 002871,u
Chartered Accountants - FRN 008744N Chartered Accountants - FRN 002871N

(jktho dqekj oèkkou) (nychj ¯lg xqykVh)

lk>snkj lk>snkj
(Rajiv Kumar Wadhawan) (Dalbir Singh Gulati)
Partner Partner
lnLÕk la- 091007 lnLÕk la- 081024
M No.091007 M No.081024

fnukad % 15@05@2018
Date : 15/05/2018

LFkku % ubZ fnYyh

3ODFH1HZ'HOKL

73

3 PNB Abridged AR 2017-18 69-77 130718.indd 73 13-Jul-18 4:29:53 PM

 IkatkCk uS'kuy CkSad dk 31 EkkpZ] 2018 dks lEkkIRk o"kZ ds fy, laf{kIRk ykHk gkfu [kkRkk
ABRIDGED PROFIT AND LOSS ACCOUNT OF PUNJAB NATIONAL BANK FOR THE YEAR
ENDED MARCH 31, 2018
(lHkh jkf'k;ka ` yk[k Eksa) (All amounts in ` lac)
31-03-2018 dks lEkkIRk o"kZ 31-03-2017 dks lEkkIRk o"kZ
For the year ended For the year ended
March 31, 2018 March 31, 2017

vkÕk
Income

v£tRk CÕkkt
Interest Earned
vfxzEkksa@fCkyksa Ikj 3183308 3295882
On advances/bills
fuos'kksa Ikj 1394698 1257717
On Investments
HkkjRkhÕk fjtoZ CkSad ds Ikkl 'ks"k vkSj vUÕk vURk% CkSad fufèkÕkka 200142 135420
On balances with RBI and other inter-bank funds
vUÕk 21428 38580
Others

vUÕk vkÕk
Other Income
dEkh'ku] fofuEkÕk ,oa nykyh 279191 272721
Commission, Exchange and Brokerage
fuos'kksa dh fCkØh Ikj 'kq¼ ykHk 325661 265432
1HW3UR¿WRQVDOHRI,QYHVWPHQWV
HkwfEk] Hkou] vkSj vUÕk vkfLRkÕkksa dh fCkØh Ikj 'kq¼ ykHk 259 538
1HW3UR¿WRQVDOHRIODQGEXLOGLQJVDQGRWKHUDVVHWV
fofuEkÕk ysunsuksa Ikj 'kq¼ ykHk 80614 58281
1HW3UR¿WRQH[FKDQJHWUDQVDFWLRQV
HkkjRk@fons'k Eksa vuq"kafxÕkksa vkSj@vFkok laÕkqDr m|Ekksa ls ykHkka'k bRÕkkfn }kjk vkÕk 13947 9585
Income by way of Dividends etc. from subsidiaries
FRPSDQLHVDQGRUMRLQWYHQWXUHVDEURDGLQ,QGLD
fofoèk vkÕk 188415 288580
Miscellaneous Income
dqy vkÕk 5687663 5622736
Total Income

OÕkÕk
Expenditure

[kpZ fdÕkk xÕkk CÕkkt

Interest Expended
tEkk jkf'kÕkksa Ikj 3045553 2993367
On Deposits
HkkjRkhÕk fjtoZ CkSad@vURk% CkSad mèkkjksa Ikj 55315 24154
On RBI/ Inter - bank borrowings
vUÕk 206469 210762
Others

74

3 PNB Abridged AR 2017-18 69-77 130718.indd 74 13-Jul-18 4:29:53 PM

 IkatkCk uS'kuy CkSad dk 31 EkkpZ] 2018 dks lEkkIRk o"kZ ds fy, laf{kIRk ykHk gkfu [kkRkk
ABRIDGED PROFIT AND LOSS ACCOUNT OF PUNJAB NATIONAL BANK FOR THE YEAR
ENDED MARCH 31, 2018
(lHkh jkf'k;ka ` yk[k Eksa) (All amounts in ` lac)
31-03-2018 dks lEkkIRk o"kZ 31-03-2017 dks lEkkIRk o"kZ
For the year ended For the year ended
March 31, 2018 March 31, 2017
Ikfjpkyu OÕkÕk
Operating Expenses
dEkZpkfjÕkksa dks HkqxRkku vkSj muds fy, çkoèkku 916880 542072
Payments to and Provisions for employees
fdjkÕkk] dj ,oa fCktyh 73886 69222
5HQW7D[HVDQG/LJKWLQJ
Ekqæ.k ,oa ys[ku lkEkxzh 9099 9589
Printing and Stationery
foKkIku vkSj çpkj 4715 5536
Advertisement and Publicity
CkSad dh lEIkfÙk Ikj EkwYÕkßkl 57617 42504
Depreciation on Bank's property
funs'kdksa dh iQhl] HkÙks ,oa [kpZ 158 146
Directors' fees, allowances and expenses
ys[kkIkjh{kdksa dh iQhl ,oa [kpZ ('kk[kk ys[kk Ikjh{kdksa lfgRk) 7424 6730
Auditors' fees and expenses (including branch auditors)
fofèk çHkkj 7334 6432
/DZ&KDUJHV
Mkd] Rkkj] VsyhiQksu vkfn 16957 17540
Postage, Telegrams, Telephones, etc.
EkjEEkRk vkSj j[kj[kko 26240 23410
Repairs and Maintenance
CkhEkk 64187 56857
Insurance
vUÕk 166409 157899
Others

çkoèkku ,oa vkdfLEkdRkk,a

Provisions and contingencies
fuos'k Ikj EkwYÕkßkl ds fy, izkoèkku 202715 48665
Provisions for depreciation on Investment
vutZd vkfLRkÕkksa ds fy, çkoèkku 2445273 1270372
Provision towards non performing assets
Ekkud vkfLRkÕkksa ds fy, çkoèkku -150696 -120326
Provision towards standard assets
vUÕk (vkÕk djksa ds vfRkfjDr) 489636 56651
Others (excluding income taxes)
dqy [kpsZ ,oa çkoèkku 7645171 5421582
Total expenses and provisions

dj IkwoZ ykHk@(gkfu) -1957508 201154

3UR¿WORVVEHIRUHWD[
oRkZEkku dj -7115 217030
Current tax
vkLFkfxRk dj -722111 -148356
Deferred tax

75

3 PNB Abridged AR 2017-18 69-77 130718.indd 75 13-Jul-18 4:29:53 PM

 IkatkCk uS'kuy CkSad dk 31 EkkpZ] 2018 dks lEkkIRk o"kZ ds fy, laf{kIRk ykHk gkfu [kkRkk
ABRIDGED PROFIT AND LOSS ACCOUNT OF PUNJAB NATIONAL BANK FOR THE YEAR
ENDED MARCH 31, 2018
(lHkh jkf'k;ka ` yk[k Eksa) (All amounts in ` lac)
31-03-2018 dks lEkkIRk o"kZ 31-03-2017 dks lEkkIRk o"kZ
For the year ended For the year ended
March 31, 2018 March 31, 2017
dj Ik'PkkRk ykHk@gkfu -1228282 132480
3UR¿WORVVDIWHUWD[
vkxs ys tk;k x;k ykHk@gkfu 0 0
3UR¿W/RVVEURXJKWIRUZDUG
dqy -1228282 132480
Total

fofuÕkkstu
Appropriations
lkafofèkd çkjf{kRk fufèkÕkksa dks vaRkj.k 0 33120
Transfer to Statutory Reserve
iwath fufèkÕkksa dks vaRkj.k 102493 51370
Transfer to Capital Reserve
vUÕk çkjf{kRk fufèkÕkksa dks vaRkj.k -1330775 20990
Transfer to Other Reserve
vk;dj vfèkfu;e ds vuqlkj fo'ks"k fufèk esa varj.k 0 27000
Transfer to Special reserve as per Income Tax Act
ykHkka'k ij dj gsrq izkoèkku ls varfjr 0 0
Transferred from provision for tax on Dividend/Dividend
Rkqyu Ik=k Eksa ys tkÕkk xÕkk 'ks"k 0 0
Balance carried forward to balance sheet

ih ds ok".kZs; ,l ds tSu ih ds 'kekZ

P K Varshney S K JAIN P K SHARMA
eq[; çCkUèkd mi EkgkçCkUèkd EkgkçCkUèkd
Chief Manager DY. GENERAL MANAGER GENERAL MANAGER
,y oh çHkkdj
L V PRABHAKAR
dkÕkZIkkyd funs'kd
EXECUTIVE DIRECTOR

lquhy esgrk lquhy esgrk

SUNIL MEHTA SUNIL MEHTA
çca/ funs'kd ,oa eq[; dk;Zikyd vf/dkjh vè;{k
MANAGING DIRECTOR & CEO CHAIRMAN

jfo feÙky MkW jch ,u feJk egs'k ckcw xqIrk

RAVI MITAL Dr. RABI N MISHRA MAHESH BABOO GUPTA
funs'kd funs'kd funs'kd
DIRECTOR DIRECTOR DIRECTOR

76

3 PNB Abridged AR 2017-18 69-77 130718.indd 76 13-Jul-18 4:29:53 PM

 lqèkhj uk;j lat; oekZ
SUDHIR NAYAR SANJAY VERMA
funs'kd funs'kd
DIRECTOR DIRECTOR
bZou frfFk dks gekjh fjiksVZ ds vuqlkj
As per our Report of even date
d`rs lwjh ,aM dEiuh ÑRks ,lih,eth ,aM dEiuh Ñrs ,edsih,l ,aM ,lksfl,V~l
For Suri & Co. For SPMG & Co. For MKPS & Associates
lunh ys[kkdkj & ,IkQvkj,u 004283,l lunh ys[kkdkj & ,IkQvkj,u 509249lh lunh ys[kkdkj & ,iQvkj,u 302014bZ
Chartered Accountants - FRN 004283S Chartered Accountants - FRN 509249C Chartered Accountants - FRN 302014E

(ih- os.kqxksiky) (vons'k xqIrk) (çnhi dqekj ykB)

lkÖksnkj lkÖksnkj lkÖksnkj
(P. Venugopal) (Avadesh Gupta) (Pradip Kumar Lath)
Partner Partner Partner
lnLÕk la0 035034 lnLÕk la0 516769 lnLÕk la0 054130
M No. 035034 M No. 516769 M No. 054130

ÑRks th ,l ekFkqj ,aM dEiuh ÑRks ,pMh,lth ,aM ,lksfl,V~l

For G S Mathur & Co. For HDSG & Associates
lunh ys[kkdkj & ,IkQvkj,u 008744,u lunh ys[kkdkj & ,IkQvkj,u 002871,u
Chartered Accountants - FRN 008744N Chartered Accountants - FRN 002871N

(jktho dqekj oèkkou) (nychj ¯lg xqykVh)

lk>snkj lk>snkj
(Rajiv Kumar Wadhawan) (Dalbir Singh Gulati)
Partner Partner
lnLÕk la- 091007 lnLÕk la- 081024
M No.091007 M No.081024

fnukad % 15@05@2018
Date : 15/05/2018

LFkku % ubZ fnYyh

3ODFH1HZ'HOKL

77

3 PNB Abridged AR 2017-18 69-77 130718.indd 77 13-Jul-18 4:29:54 PM

 vuqlwph & 18 (,dy) SCHEDULE 18 (SOLO)
[kkrksa ls lacafèkr fVIif.k;ka (31-03-2018) NOTES TO ACCOUNTS - 31.03.2018

1- iw¡th 1. Capital

iw¡th vuqikr Capital Ratio

(` djksM+ esa) (` in Crore)
Ø- fooj.k 31.03.2018 31.03.2017 Sl. Particulars 31.03.2018 31.03.2017
No.
la-
i. Common equity Tier 1 Capital ratio (%)* 5.95 7.87
i. lkekU; bfDoVh Vh;j 1 iwath vuqikr (%)* 5.95 7.87
ii. Tier 1 Capital ratio (%)* 7.12 8.91
ii. Vh;j 1 iwath vuqikr (%)* 7.12 8.91
iii. Tier 2 Capital ratio (%)* 2.08 2.75
iii. Vh;j 2 iwath vuqikr (%)* 2.08 2.75 iv. Total Capital ratio (CRAR) (%)* 9.20 11.66
iv. dqy iwath vuqikr (lhvkj,vkj) (%)* 9.20 11.66 v. Percentage of the shareholding of the 62.25 % 65.01%
v. 62.25 % 65.01% Government of India in the Bank
cSad esa Hkkjr ljdkj dh 'ks;jèkkfjrk dk çfr'kr
vi. Amount of equity Capital raised 10473.00** 2112.00
vi. tqVkbZ xbZ bfDoVh iwath dh jkf'k 10473.00** 2112.00
vii. Amount of Additional Tier 1 Capital 1500.00 2250.00
vii. tqVkbZ xbZ Vh;j&A vfrfjDr iwath dh jkf'k ftlesa 1500.00 2250.00 raised;
xSjlap;h vfèkekuh 'ks;j (ih,ulhih,l)% of which :
'kwU; 'kwU; Perpetual Non- Cumulative Preference NIL NIL
csfe;knh ½.k fy[kr (ihMhvkbZ)%
Shares (PNCPS):
1500.00 2250.00 Perpetual Debt Instruments (PDI): 1500.00 2250.00
viii. tqVkbZ xbZ Vh;j 2 iwath dh jkf'k ftlesa% 'kwU; 'kwU; viii. Amount of Tier 2 Capital raised; of NIL NIL
½.k iawth fy[kr which :
'kwU; 'kwU; Debt Capital instrument: NIL NIL
vfèkeku 'ks;j iwath fy[kr% Preference Share Capital Instruments: NA NA
csfe;knh lap;h vfèkeku 'ks;j (ihlhih,l@ ykxw ugha ykxw ugha
Perpetual Cumulative Preference
çfrns; xSj lap;h vfèkeku 'ks;j Shares (PCPS) / Redeemable
Non- Cumulative Preference Shares
(vkj,ulhih,l)@çfrns; lap;h vfèkeku 'ks;j (RNCPS) /Redeemable Cumulative
(vkjlhih,l) Preference Shares (RCPS)
* csly &AAA iwath fofu;eu ds vuqlkj lwpuk 1 (i ls iv) esa nh xbZ gS A * Information given in 1 (i to iv) has been given as per Basel III Capital Regulations.
** # 126-52 djksM+ dh jkf'k (` 32-87 djksM+) bfDoVh iwath vkSj ` 10346-48 djksM+ ** Figures includes ` 126.52 crore (32.87 crore) as Equity Capital and ` 10346.48
crore (` 2079.13 crore) as Share Premium.
(` 2079-13 djksM+) 'ks;j çhfe;e ds :i esa 'kkfey A
2. Investments
2- fuos'k
The detail of Investments and the Movement of provision
cSad ds fuos'k vkSj fuos'k ij ewY;âkl ds fy, fd, x, çkoèkku held towards depreciation on investments of the Bank is
lEcUèkh fooj.k fuEukuqlkj gS% & given below:-
(` djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
(1) fuos'kksa dk ewY; (1) Value of Investments
i fuos'kksa dk ldy ewY; 203410.09 188138.05 i Gross value of Investments 203410.09 188138.05
d Hkkjr esa 195882.16 182591.36 a In India 195882.16 182591.36
[k Hkkjr ls ckgj 7527.93 5546.69 b Outside India 7527.93 5546.69

ii ewY;âkl ds fy, çkoèkku 3104.11 1412.61 ii Provisions for Depreciation 3104.11 1412.61
d Hkkjr esa 3103.34 1412.61 a In India 3103.34 1412.61
[k Hkkjr ls ckgj 0.77 0.00 b Outside India 0.77 0.00

iii
fuos'kksa dk fuoy ewY; 200305.98 186725.44 iii Net value of Investments 200305.98 186725.44
d Hkkjr esa 192778.82 181178.75 a In India 192778.82 181178.75
[k Hkkjr ls ckgj 7527.16 5546.69 b Outside India 7527.16 5546.69
(2) fuos'kksa ij ewY;âkl ds fy, èkkfjr çkoèkkuksa (2) Movement of provisions held towards
esa mrkj&p<+ko depreciation on investments.
i çkjfEHkd 'ks"k 1412.61 960.64 i Opening balance 1412.61 960.64
ii tksM+sa % o"kZ ds nkSjku fd, x, çkoèkku 1784.17 704.68 ii Add: Provisions made during the year 1784.17 704.68
iii ?kVk,a % o"kZ ds nkSjku fd, x, vfèkd çkoèkku ds 92.67 252.71 iii Less: Write-off/ write-back of excess 92.67 252.71
fy, cê~Vs [kkrs Mkyh x;h@çfrfyf[kr jkf'k ('kq¼) provisions during the year (Net).
iv bfr'ks"k 3104.11 1412.61 iv Closing balance 3104.11 1412.61

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 3- jsiks ysunsu (vafdr ewY; 'krksZ esa) 3. Repo Transactions (in face value terms)

jsiks vkSj fjolZ jsiks ysunsuksa ds varxZr csph vkSj [kjhnh x;h çfrHkwfr;ksa The details of securities sold and purchased under repo
dk fooj.k fuEukuqlkj gS% and reverse repo transactions are as under

(` in Crore)
(` djksM+ esa)
Minimum Maximum Daily Average Outstanding
31-03-2018 31-03-2018 dks 31-03-2018 31-03-2018 outstanding outstanding outstanding as on
dks lekIr lekIr o"kZ ds dks lekIr o"kZ dh fLFkfr Face Value during the during the during the 31.03.2018
vafdr ewY; year ended year ended year ended
o"kZ ds nkSjku nkSjku vfèkdre ds nkSjku nSfud ds vuqlkj
31.03.2018 31.03.2018 31.03.2018
U;wure cdk;k cdk;k vkSlr cdk;k cdk;k
A. Securities sold under repo
d- jsiks ds vUrxZr csph xbZ çfrHkwfr;ka
(i) Government Securities 0.00 3438.57 48.34 0.00
(i) ljdkjh çfrHkwfr;k¡ 0.00 3438.57 48.34 0.00
(0.00) (16175.00) (353.67) (0.00)
(0.00) (16175.00) (353.67) (0.00)
0.00 0.00 0.00 0.00 (ii) Corporate Debt 0.00 0.00 0.00 0.00
(ii) fuxfer ½.k Securities
çfrHkwfr;k¡ (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00)
B. Securities purchased under reverse repo
[k- fjolZ jsiks ds vUrxZr [kjhnh xbZ çfrHkwfr;ka
0.00 5633.09 992.99 2554.65 (i) Government Securities 0.00 5633.09 992.99 2554.65
(i) ljdkjh çfrHkwfr;k¡
(0.00) (39084.00) (13386.33) (22000.00) (0.00) (39084.00) (13386.33) (22000.00)

(ii) fuxfer ½.k 0.00 0.00 0.00 0.00 (ii) Corporate Debt 0.00 0.00 0.00 0.00
Securities
çfrHkwfr;k¡ (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00) (0.00)

(dks"Bd esa fn, x, vkadM+s fiNys o"kZ ls lacafèkr gSa) (Figures in brackets relate to previous year)

4- xSj&,l,yvkj fuos'k lafoHkkx 4. Non-SLR Investment Portfolio

4-d xSj ,l,yvkj fuos'kksa dh fuxZedrkZ lajpuk (31-03-2018 4a. Issuer composition of Non SLR investments as on
rd) 31.03.2018
(` djksM+ esa) (` in Crore)

la[;k fuxZedrkZ jkf'k futh ¶fuos'k Js.kh ¶fcuk ¶xSj Sr. Issuer Amount Extent of Extent of Extent of Extent of
{ks=kksa esa ls uhps¸ dh jsfVax dh¸ lwphc¼ No. Private ‘Below ‘Unrated’ ‘Unlisted’
Placement Investment Securities Securities
foLrkj çfrHkwfr;ksa çfrHkwfr;ksa çfrHkwfr;ksa Grade’
dh jkf'k dh jkf'k dh jkf'k Securities
(1) (2) (3) (4) (5) (6) (7) (1) (2) (3) (4) (5) (6) (7)
(i) ih,l;w 13505.07 270.91 11.45 665.48 1901.99
(i) PSUs 13505.07 270.91 11.45 665.48 1901.99
(10618.03) ('kwU;) ('kwU;) (1329.06) ('kwU;) (10618.03) (NIL) (NIL) (1329.06) (NIL)
(ii) ,iQvkbZ,l 18767.12 810.76 9.26 890.32 358.73 (ii) FIs 18767.12 810.76 9.26 890.32 358.73
(13612.88) (27.00) ('kwU;) ('kwU;) ('kwU;) (13612.88) (27.00) (NIL) (NIL) (NIL)
(iii) cSad 5106.64 'kwU; 57.51 360.59 'kwU; (iii) Banks 5106.64 NIL 57.51 360.59 NIL
(4578.34) ('kwU;) ('kwU;) ('kwU;) ('kwU;) (4578.34) (NIL) (NIL) (NIL) (NIL)

(iv) futh dkWiksZjsV 8047.48 3873.23 1067.96 349.06 1022.12 (iv) Private 8047.48 3873.23 1067.96 349.06 1022.12
(7617.31) (50.00) (NIL) (39.25) (39.25) Corporates (7617.31) (50.00) (NIL) (39.25) (39.25)

(v) vuq"kafx;k¡ la;qDr 3021.89 'kwU; 'kwU; 'kwU; 451.37 (v) Subsidiaries / 3021.89 NIL NIL NIL 451.37
(2305.14) (321.45) Joint Ventures (2305.14) (NIL) (NIL) (NIL) (321.45)
m|e ('kwU;) ('kwU;) ('kwU;)
7788.28 (vi) Others* 7788.28 NIL NIL NIL NIL
(vi) vU;* 'kwU; 'kwU; 'kwU; 'kwU; (3491.80) (NIL) (NIL) (0.00) (0.00)
(3491.80) ('kwU;) ('kwU;) (0.00) (0.00)
(vii) Provisions -2561.96 NIL NIL NIL NIL
(vii) ewY;âkl ds fy, -2561.96 'kwU; 'kwU; 'kwU; 'kwU; held towards (-1053.56) (NIL) (NIL) (NIL) (NIL)
çkoèkku (-1053.56) ('kwU;) ('kwU;) ('kwU;) ('kwU;) depreciation.
tksM+ 53674.52 4954.90 1146.16 2265.45 3734.21 Total 53674.52 4954.90 1146.16 2265.45 3734.21
(41169.94) (77.00) ('kwU;) (1368.31) (360.70) (41169.94) (77.00) (NIL) (1368.31) (360.70)

* vU; esa vuqlwph & 8 ds vUrxZr ljdkjh çfrHkwfr;ksa esa mfYyf[kr fo'ks"k *Others include Special Govt. Securities of ` 7463.42 Crore
ljdkjh çfrHkwfr;ksa (ewY;âkl ds ckn) dh #i;s 7463-42 djksM+ (#i;s 2312- (` 2312.96 crore) (Net of depreciation, if any) shown under Govt.
96 djksM+) dh jkf'k dh fo'ks"k ljdkjh çfrHkwfr;k¡ 'kkfey gSa A dkWye 4] 5] Securities in Schedule 8. Amounts reported under columns 4, 5,
6 and 7 above may not be mutually exclusive.
6 vkSj 7 ls Åij ds varxZr n'kkZ;h x;h jkf'k ijLij lac¼ ugha gks ldrhA
4-[k vutZd xSj& ,l,yvkj fuos'k 4b. Non-performing Non-SLR investments
xSj&fu"iknd xSj&,l,yvkj fuos'kksa esa xfr'khyrk fuEukuqlkj gS% The movement in Non-performing Non-SLR
Investments is given below:-
(` djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
çkjfEHkd 'ks"k 727.90 516.41 Opening balance 727.90 516.41
o"kZ ds nkSjku o`f¼ 1569.06 276.01 Additions during the year 1569.06 276.01

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 (` djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
o"kZ ds nkSjku deh 18.65 64.52 Reductions during the year 18.65 64.52
bfr'ks"k 2278.31 727.90 Closing balance 2278.31 727.90
dqy èkkfjr çkoèkku 1934.33 591.23 Total provisions held 1934.33 591.23

4-x ,pVh,e Js.kh esa @ ls fcØh ,oa varj.k 4c. Sale and transfers to / from HTM category

01 vçSy 2017 ls 31 ekpZ 2018 ds nkSjku ,pVh,e Js.kh esa@ls
çfrHkwfr;ksa dh fcØh vkSj varj.kksa dk dqy ewY; 31-03-2017 dks
fLFkr ,pVh,e Js.kh esa èkkfjr fuos'kksa ds cgh ewY;ksa ls 5% vfèkd
c<+ x;k gS (fuEu fyf[kr ysu&nsu dks NksM+dj) A
mDr of.kZr 5% dh lhek ls fuEufyf[kr ckgj jgsaxs & (d) ys[kk
o"kZ ds vkjEHk esa cSadksa }kjk LohÑr funs'kd eaMy ds vuqeksnu ls
,pVh,e Js.kh dks@ls ,dckj esa fd;k tkus okyk çfrHkwfr;ksa dk
varj.k ([k) iwoZ esa ?kksf"kr vks,evks uhykeh ds varxZr Hkkjrh;
fjtoZ cSad dks fd;k tkus okyk foØ; (x) Hkkjr ljdkj }kjk cSadksa
ls ljdkjh çfrHkwfr;ksa dh iqu[kZjhn (?k) ys[kk o"kZ tSls vçSy 2017
ds vkjEHk gksus ij vuqeksfnr f'kfÝVax ds dk;Z ds vfrfjDr vçSy]
tqykbZ] vDrwcj 2017 vkSj tuojh 2018 ds vkjEHk esa ,pVh,e ds
varxZr ,l,yvkj çfrHkwfr;ksa ij lhfyax de djus ds iQyLo:i
,,iQ,l@,p,iQVh dk varj.k ;k çfrHkwfr;ksa dh fcØh A
Hkkjrh; fjtoZ cSad ds ekStwnk fn'kkfunsZ'kksa ds vuqlkj (ekdsZV oSY;w
ij cqd oSY;w dk vkfèkD; ftlds fy, çkoèkku ugha fd;k x;k gS)
çdVhdj.k bl çdkj gS %
The total value of sales and transfers of securities to / from
HTM category during 1st April 2017 to 31st March, 2018
has exceeded 5% of the book value of investments held
in HTM category as on 31.03.2017 (Excluding following
Transactions).
The 5 percent threshold referred to above will exclude (a)
the one- time transfer of securities to/ from HTM category
with the approval of Board of Directors permitted to be
undertaken by banks at the beginning of the accounting
year (b) sales to the Reserve Bank of India under pre-
announced OMO auctions, (c) Repurchase of Government
Securities by Government of India from banks, (d) Sale
of securities or transfer to AFS / HFT consequent to the
reduction of ceiling on SLR securities under HTM at the
beginning of April, July, October 2017 and January 2018
in addition to the shifting permitted at the beginning of the
accounting year, i.e. April, 2017
Disclosure in terms of extant RBI guidelines (excess of
book value over market value for which provision is not
made) is as follows:

(` djksM+ esa) (` in Crore)

fooj.k cqd oSY;ww ekdsZV oSY;w ekdsZV oSY;w ij Particulars Book Market
Excess of Book
Value Value
Value over
cqd oSY;w dk Market Value
vkfèkD; 1. Government Securities 112532.29 110730.63 1801.66
1- ljdkjh çfrHkwfr;ka 112532.29 110730.63 1801.66 2. Other Approved 139.21 140.45 0.00
139.21 140.45 0.00 Securities
2- vU; vuqeksfnr çfrHkwfr;ka
3. Shares 56.88 79.71 0.00
3- 'ks;j 56.88 79.71 0.00
4. Debenture & Bonds 3606.22 3623.09 0.00
4- fMcsapj o ckaM 3606.22 3623.09 0.00
5. Subsidiaries, Joint 672.57 9515.61 0.00
5- vuq"kafx;ka] la;qDr m|e] 672.57 9515.61 0.00 Ventures, Associates
& RRBs
lg;ksxh o vkjvkjch
6. Others 83.15 125.13 0.00
6- vU; 83.15 125.13 0.00
7. Investments outside 2349.06 2340.98 8.08
7- Hkkjr ds ckgj fuos'k 2349.06 2340.98 8.08 India
dqy 119439.38 126555.60 1809.74 Total 119439.38 126555.60 1809.74

5- MsfjosfVOt 5. Derivatives
5-d ok;nk nj djkj @ C;kt nj vnyk cnyh (LoSi) 5a. Forward Rate Agreement/ Interest Rate Swap
(` djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
i vnykcnyh djkjksa dk vkuqekfud ewyèku 339.67 372.44 i The notional principal of swap 339.67 372.44
agreements
ii ;fn nwljk i{k djkj ds varxZr vius 6.11 4.00
ii Losses which would be incurred if 6.11 4.00
nkf;Roksa dks iwjk ugha djrk rks laHkkfor FRXQWHUSDUWLHVIDLOHGWRIXO¿OOWKHLU
gkfu obligations under the agreements
iii vnykcnyh esa 'kkfey gksus ij cSadksa }kjk 'kwU; 'kwU; iii Collateral required by the bank upon NIL Nil
entering into swaps
visf{kr laikf'kZod çfrHkwfr iv Concentration of credit risk arising from NIL Nil
iv vnykcnyh ds dkj.k ½.k tksf[ke 'kwU; 'kwU; the Swaps
v vnykcnyh cgh dk mfpr ewY;** - 2.5728 - 1.0878 v The fair value of the swap book - 2.5728 - 1.0878

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 mijksDr VªsM baVjcSad ds lkFk ` 319-83 djksM (fiNys o"kZ ` 348-72 The above Trades are Interest Rate Swap Deal done with
djksM) rFkk foÙkh; laLFkku ` 19-83 djksM ( fiNys o"kZ ` 23-72 Interbank for ` 319.83 Crores (Previous year ` 348.72
crores) and Financial Institution ` 19.83 Crores (Previous
djksM)] orZeku o"kZ ds fy, ØsfMV tksf[ke (ØsfMV ,Dlikstj)
year ` 23.72 Crores). Credit Risk (Credit Exposure) for
` 9-77 djksM rFkk fiNys o"kZ ;g ` 12-25 djksM jgk] C;kt nj Current Year is ` 9.77 Crore and for previous year it was
LoSi ds fy, Mhy dh xbZ A dqy 14 Mhy dh xbZ ftlesa ls 2 ` 12.25 Crore. There are total 14 deals out of which 02
Mhy cSd Vw cSd Mhy] 2 Mhy tgk¡ fiQDLM djkj nj ij Hkqxrku deals are Back to Back Deals, 02 Deals where payment is
fd;k x;k rFkk ÝyksfVax nj ij çkIr fd;k x;k vkSj 'ks"k 10 Mhy made at Fixed Contract Rate and received at Floating rate
esa ÝyksfVax nj ij Hkqxrku fd;k x;k vkSj fiQDlM djkj nj ij and in remaining 10 deals, payment is made at Floating
Rate and received at Fixed Contract Rate.
çkIr fd;k x;kA
5b. Exchange Traded Interest Rate Derivatives
5-[k ,Dlpsat VªsfMax okys C;kt nj MsfjosfVOt
(` in Crore)
(` djksM+ esa)
Sl. Particulars 31.03.2018 31.03.2017
Øe fooj.k 31.03.2018 31.03.2017 No.
la (i) Notional Principal amount of exchange
(i) o"kZ vçSy 2017 & ekpZ 2018 ds nkSjku ,Dlpsat traded interest rate derivatives 248.60 811.60
VªsfMax okys C;kt nj MsfjosfVOt dh vuqekfud 248.60 811.60 undertaken during the period April, 2017
to March, 2018 (instrument-wise)
ewyèku jkf'k (fy[krokj)
a) Interest rate futures
d) C;kt nj ok;nk
(ii) Notional Principal amount of exchange NIL NIL
(ii) 31 ekpZ] 2018 dh fLFkfr ds vuqlkj cdk;k 'kwU; 'kwU; traded interest rate derivatives
,Dlpsat VªsfMax okys C;kt nj MsfjosfVOt dh outstanding as on 31st March, 2018
vkuqekfud ewyèku jkf'k (fy[krokj) (instrument-wise)
(iii) Notional Principal amount of exchange NIL NIL
(iii) ,Dlpsat VªsfMax okys C;kt nj MsfjosfVOt dh 'kwU; 'kwU;
traded interest rate derivatives
,slh vkuqekfud ewyèku jkf'k rFkk tks ¶vR;fèkd outstanding and not ‘highly effective’
çHkkoh¸ ugha gS (fy[krokj) (instrument-wise)
(iv) ,Dlpsat VªsfMax okys C;kt nj MsfjosfVOt dh 'kwU; 'kwU; (iv) Mark-to-Market value of exchange NIL NIL
vkuqekfud ewyèku jkf'k dk cdk;k cktkj ewY; traded interest rate derivatives
(ekdZ&Vw&ekdsZV) tks ¶vR;fèkd çHkkoh¸ ugha gS outstanding and not ‘highly effective’
(instrument-wise)
(fy[krokj)
5c. Disclosure on risk exposure in derivatives
5-x MsfjosfVOt esa tksf[ke ,Dlikstj ij çdVhdj.k
I- Qualitative Disclosure
I- xq.kkRed çdVhdj.k
The Bank uses derivatives products for hedging its own
cSad vius Lo;a ds rqyu i=k dh enksa dh gSftax ds fy, vkSj balance sheet items as well as for trading purposes.
lkFk&lkFk O;kikj ds mís'; ls Hkh MsfjosfVo mRiknksa dk ç;ksx djrk The risk management of derivative operation is headed
gSA ,d ofj"B vfèkdkjh }kjk MsfjosfVo mRiknksa ds tksf[ke çcaèku by a senior executive, who reports to top management,
dk fu;a=k.k fd;k tkrk gS] tks ykbu çcaèku ls Lora=k jgrs gq, mPp independent of the line functions. Trading positions are
çcaèku dks fjiksVZ djrk gS A O;kikj dh fLFkfr nSfud vkèkkj ij cktkj marked to market on daily basis.
ds fy, fpfàr dh tkrh gSA The derivative policy is framed by Integrated Risk
Management Division, which includes measurement of
MsfjosfVo uhfr dk fuekZ.k ,dhÑr tksf[ke çcaèku çHkkx }kjk fd;k credit risk and market risk.
tkrk gS] ftlesa ½.k tksf[ke rFkk cktkj tksf[ke 'kkfey gSaA
The hedge transactions are undertaken for balance sheet
gSt ysunsuksa dk ç;ksx rqyu i=k çcaèku ds fy, fd;k tkrk gSA fjiksfVaZx management. Proper system for reporting and monitoring
vkSj fuxjkuh ds fy, lqO;ofLFkr ra=k fo|eku gSA gsftax dh uhfr vkSj of risks are in place. Policy for hedging and processes for
mldh fuxjkuh dh çfØ;k Hkh fo|eku gSaA monitoring the same is in place.

çfrj{kk vkSj xSj çfrj{kk VªsfMax dks fjdkMZ djus ds fy, ys[kkadu uhfr
fo|eku gS ftlesa vk; igpku] çhfe;e vkSj fMLdkmaV lfEefyr gSA
cdk;k vuqcUèkksa dk ewY;kadu] çkoèkku] laikf'oZd vkSj ½.k tksf[ke
de fd, tkrs gSaA
Accounting policy for recording hedge and non-hedge
transactions are in place, which includes recognition of
income, premiums and discounts.
Valuation of outstanding contracts, provisioning, collateral
and credit risk mitigation are being done.

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 II - ek=kkRed çdVhdj.k II - Quantitative Disclosure

(` djksM+ esa) (Amt. ` in Crore)

Sl. Particulars Currency Interest Currency Interest
Ø- fooj.k eqæk C;kt nj eqæk C;kt nj
No. Derivatives Rate Derivatives Rate
la- MsfjosfVOt MsfjosfVOt MsfjosfVOt MsfjosfVOt Derivatives Derivatives
31.03.2018 31.03.2018 31.03.2017 31.03.2017 31.03.2018 31.03.2018 31.03.2017 31.03.2017
1 MsfjosfVOt (rkfdZd 1 Derivatives (Notional
Principal Amount)
ewyèku jkf'k)
(a) For Hedging 0.00 0.00 0.00 0.00
(d) gSftax ds fy, 0.00 0.00 0.00 0.00
(b) For trading 299.61 339.67 0.00 372.44
([k) VªsfMax ds fy, 299.61 339.67 0.00 372.44
2 Marked to Market
2 ekdsZV Vw ekdsZV iksft'ku Position
Hedging
gSftax
a) Asset ( ) 0.00 0.00 0.00 0.00
d) vkfLr ( ) 0.00 0.00 0.00 0.00
b) Liability (-) 0.00 0.00 0.00 0.00
[k) ns;rk (&) 0.00 0.00 0.00 0.00
Trading
VªsfMax a) Asset ( ) 1.05 0.00 0.00 0.00
d) vkfLr ( ) 1.05 0.00 0.00 0.00 b) Liability (-) 0.00 - 2.5728 0.00 - 1.0878
[k) ns;rk (&) 0.00 - 2.5728 0.00 - 1.0878 3 Credit Exposure 0.00 9.7748 0.00 12.2459
4 Likely impact of one
3 ½.k ,DLikstj 0.00 9.7748 0.00 12.2459
percentage change
4 C;kt nj esa 1% ifjorZu in interest rate
dk lEHkkO; çHkko (100*PV01)
(a) On hedging 0.00 0.00 0.00 0.00
(100*ihoh 01)
derivatives
d) gSftax MsfjosfVo ij 0.00 0.00 0.00 0.00
(b) On trading 0.046 - 0.0622 0.00 - 0.0543
[k) VªsfMax MsfjosfVo ij 0.046 - 0.0622 0.00 - 0.0543 derivatives
5 Maximum and
5 o"kZ ds nkSjku ik;s x;s
Minimum of
100* ihoh 01 dk 100*PV01 observed
vfèkdre rFkk U;wure during the period
d) gSftax ij vfèkdre 0.00 0.00 0.00 0.00 (a) On hedging 0.00 0.00 0.00 0.00
Maximum
U;wure 0.00 0.00 0.00 0.00
Minimum 0.00 0.00 0.00 0.00
[k) VªsfMax ij vfèkdre 0.00 - 0.0949 0.00 - 0.01 (b) On trading Maximum 0.00 - 0.0949 0.00 - 0.01
U;wure 0.00 - 0.0344 0.00 - 0.00004 Minimum 0.00 - 0.0344 0.00 - 0.00004

6- vkfLr xq.koÙkk 6. Asset Quality

6-d vutZd vkfLr;k¡ 6a Non-Performing Assets

ldy vutZd vkfLr;ksa] dqy vutZd vkfLr;ksa ds mrkj&p<+ko vkSj The details of movement of Gross Non-performing Assets
çkoèkkuksa dk fooj.k fuEukuqlkj gS% (NPAs), Net NPAs and provisions are given below:-
(` djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
i) fuoy vfxzeksa dh rqyuk esa fuoy vutZd vkfLr;ka 11.24 % 7.81 % i) Net NPAs to Net Advances (%) 11.24 % 7.81 %
(%) ii) Movement of NPAs (Gross)
ii) vutZd vkfLr;ksa (ldy) esa ?kVc<+ Opening balance 55370.45 55818.33
çkjfEHkd 'ks"k 55370.45 55818.33 Additions during the year 44274.33 22414.58
o"kZ ds nkSjku o`f¼ 44274.33 22414.58 Reductions during the year 13024.73 22862.46
o"kZ ds nkSjku deh 13024.73 22862.46 Closing balance 86620.05 55370.45
bfr'ks"k 86620.05 55370.45 iii) Movement of Net NPAs
iii) fuoy vutZd vkfLr;ksa esa mrkj&p<+ko Opening balance 32702.10 35422.56
çkjfEHkd 'ks"k 32702.10 35422.56 Additions during the year 30052.87 16106.37
o"kZ ds nkSjku o`f¼ 30052.87 16106.37 Reductions during the year 14070.68 18826.83
o"kZ ds nkSjku deh 14070.68 18826.83 Closing balance 48684.29 32702.10
bfr'ks"k 48684.29 32702.10 iv) Movement of provision for NPAs
iv) vutZd vkfLr;ksa ds fy, çkoèkkuksa esa mrkj&p<+ko (excluding provisions on Standard
(ekud vkfLr;ksa ls lEcfUèkr çkoèkkuksa dks NksMdj) assets)
çkjfEHkd 'ks"k 22043.49 19854.43 Opening balance 22043.49 19854.43
o"kZ ds nkSjku fd, x, çkoèkku (ldy) 31459.08 15881.23 Provisions made during the year (Gross) 31459.08 15881.23
vfrfjDr çkoèkkuksa dks cês [kkrs Mkyuk@iqujkadu 15890.75 13692.17 Write-off/write back of excess provision 15890.75 13692.17
bfr'ks"k 37611.82 22043.49 Closing balance 37611.82 22043.49

82

4 PNB Full AR 2017-18 78-124 130718.indd 82 13-Jul-18 5:38:08 PM

 6ch- la'kksfèkr fn'kkfunsZ'kksa ds vuqlkj (31-03-2018 dks) iqu% lajfpr [kkrksas dk izdVhdj.k
(` yk[k esa)
Ø- iqu% lajpuk dk izdkj lhMhvkj i¼fr ds varxZr ,l,ebZ ½.k iqu% lajpuk i¼fr ds vU; tksM+
la- varxZr
vkfLr oxhZdj.k ekud voekud lafnXèk gkfu tksM+ ekud voekud lafnXèk gkfu tksM+ ekud voekud lafnXèk gkfu tksM+ ekud voekud lafnXèk gkfu tksM+

4 PNB Full AR 2017-18 78-124 130718.indd 83

fooj.k
½f.k;ksa dh la[;k 24.00 8 26 0 58 45 15 3 0 63 48 16 5 0 69 117 39 34 0 190
foRrh; o"kZ 2017&18 ds 1
1 vizSy dks iqu% lajfpr [kkrs cdk;k jkf'k 293771.57 94909.80 531511.29 0.00 920192.66 60767.83 5855.75 4821.69 0 71445.27 838692.84 13591.04 67060.09 0 919343.97 1193232.24 114356.59 603393.07 0.00 1910981.90

(izkjafHkd vkadM+s) blds fy, izkoèkku 52432.85 15532.68 53548.68 0.00 121514.21 8409.51 1219.53 943.64 0 10572.68 89252.11 1235.09 3742.82 0 94230.02 150094.47 17987.30 58235.14 0.00 226316.91

0.00 0 0 0.00 0 4 7 1 0 12 845 0 1.00 0 846 849 7 2 0 858

o"kZ ds nkSjku u, iqu% lajfpr ½f.k;ksa dh la[;k
2 (ekStwnk [kkrksa esa 'ks"k esa cdk;k jkf'k 0.00 2149.56 0.00 0.00 2149.56 2712.13 537.25 2206.17 0 5455.55 29216.46 13833.08 80705.00 5357.93 129112.47 31928.59 16519.89 82911.17 5357.93 136717.58

vfrfjDr tksM+) blds fy, izkoèkku 0.00 0.00 0.00 0.00 0 1576.52 17.63 1178.50 0 2772.65 1505.79 0.00 0.00 0 1505.79 3082.31 17.63 1178.50 0.00 4278.44

0 0 0 0 0 4 -4 0 0 0 5 -3 -2 0 0 9 -7 -2 0 0
foRrh; o"kZ 2017&18 ds nkSjku ½f.k;ksa dh la[;k
3 iqu% lajfpr ekud Js.kh esa cdk;k jkf'k 0.00 0.00 0.00 0.00 0 1076.69 -1076.69 0.00 0 0 14566.22 -8941.19 -5625.03 0 0.00 15642.91 -10017.88 -5625.03 0.00 0.00

mUu;u blds fy, izkoèkku 0.00 0.00 0.00 0.00 0 90.05 -90.05 0 0 0 3080.07 -840.88 -2239.19 0 0.00 3170.12 -930.93 -2239.19 0.00 0.00

foRr o"kZ 2017&18 dh lekfIr ½f.k;ksa dh la[;k 0 0.00 0.00 0.00 0 -30 0.00 0 0 -30 -13 0 0 0 -13 -43 0 0 0 -43

ij iqu% lajfpr vfxze ftu ij cdk;k jkf'k 0.00 0.00 0.00 0.00 0 -27758.76 0.00 0 0 -27758.76 -76014.25 0 0 0 -76014.25 -103773.01 0.00 0.00 0.00 -103773.01
mPprj izkoèkku gksuk gS vkSj@
blds fy, izkoèkku 0.00 0.00 0.00 0.00 0 -3009.27 0.00 0 0 -3009.27 -4276.80 0 0 0 -4276.80 -7286.07 0.00 0.00 0.00 -7286.07
4 vFkok vkxs ls vxys foRr
o"kZ ds vkjaHk esa iqu% lajfpr
ekud vfxzeksa dks iznf'kZr djuk
vko';d ugha gSA
½f.k;ksa dh la[;k -7 -2 11 1 3 -5 3 6.00 0 4 -10 15 4 2 11 -22 16 21 3 18
foRrh; o"kZ 2017&18 ds nkSjku -120083.38 16030.67 106571.09 5497.17 8015.55 -6552.80 3058.96 8332.00 0 4838.16 -290232.22 267805.16 79312.79 35360.57 92246.30 -416868.40 286894.79 194215.88 40857.74 105100.01
5 cdk;k jkf'k
iqu% lajfpr ckrksa dh voufr
blds fy, izkoèkku -15739.56 2382.05 13772.2 112.73 527.42 -1539.10 -298.66 2218.04 0 380.28 -32916.09 29470.87 2664.25 1020.63 239.66 -50194.75 31554.26 18654.49 1133.36 1147.36

-3 -2 -13 0 -18.00 -3 -6 -2 0 -11 -8 -8 -5 0 -21 -14 -16 -20 0 -50

foRrh; o"kZ 2017&18 ds nkSjku ½f.k;ksa dh la[;k
6 iqu% lajfpr [kkrksa dk cV~Vk@ cdk;k jkf'k -93709.64 -67921.85 -320210.55 -117.54 -481959.58 -2521.70 -2945.77 -4694.13 0 -10161.60 -100448.04 -74283.75 -131541.19 0 -306272.98 -196679.38 -145151.37 -456445.87 -117.54 -798394.16

canh@olwyh@lekfIr blds fy, izkoèkku -26925.57 -15332.72 -40224.03 -112.73 -82595.05 -826.70 -608.72 -1862.60 0 -3298.02 -19675.85 -27550.19 -4167.87 -1020.63 -52414.54 -47428.12 -43491.63 -46254.50 -1133.36 -138307.61

½f.k;ksa dh la[;k 14.00 4.00 24.00 1.00 43.00 15.00 15.00 8.00 0.00 38.00 867 20 3 2 892 896 39 35 3 973
foRrh; o"kZ dh
7 31-03-2018 dks iqu% lajfpr cdk;k jkf'k 79978.55 45168.18 317871.83 5379.63 448398.19 27723.39 5429.50 10665.73 0.00 43818.62 415781.01 212004.34 89911.66 40718.50 758415.51 523482.95 262602.02 418449.22 46098.13 1250632.32

[kkrs (bfr 'ks"k vkadM+s) blds fy, izkoèkku 9767.72 2582.01 27096.85 0.00 39446.58 4701.01 239.73 2477.58 0.00 7418.32 36969.23 2314.89 0.01 0.00 39284.13 51437.96 5136.63 29574.44 0.00 86149.03

lh Mh vkj
uksV%
dqy lhMhvkj •krs 53] çdVhdj.k ds fy, ik=k% 43] çdVhdj.k ds fy, v;ksX;% 10 •krs A
Ø- la- 2 ds rgr vkadM+s] (cdk;k ls lCLVSUMMZ) esa 2149-56 yk• #i;s ls •krk cdk;k ls vfu;fer gSA
Ø- la- 5 ds rgr vkadM+s] 37738-65 yk• #i;s ds 3 •krs LVSaMMZ ls lCLVSUMMZ gks x, gS vkSj 4 •krs 82344-73 #i;s ds LVSaMMZ ls lafnXèk dSVsxjh esa pys x, gSA ,d LVSaMMZ •krk 5279-97 #i;s dk cdk;k ds dkj.k lCLVSUMMZ gks x;k gS 2735-58 yk• #i;s ds cdk;k nks •krs lafnXèk Js.kh esa gS A 6 •krksa esa 26 9 7-9
5 yk• #i;s ds lafnXèk Js.kh esa Lyhist ds dkj.k vfu;fer fn• jgs gSA ,d lafnXèk •krk 5497-17 yk• #i;s ds cdk;k ds lkFk gkfu dh Js.kh esa pyk x;k gS A
Ø- la- 5 ds rgr vkadM+s] (çkoèkku) fLyist ls #i;s 4544-22 yk• ds 3 •krs LVSaMMZ ls lCLVSUMMZ gks x, gS vkSj çkoèkku esa NwV ds dkj.k 4 •krs #i;s 11195-34 #i;s ds Lyhist gks x, gS] 2564-98 yk• #i;s ds 6 •krs lafnXèk Js.kh esa vk x, A 2 •krs 124-61 Lyhist ds dkj.k vfu;ferrk] 1 •krk 402-81 lafnXèk
esa lkfey gS 12@6 #i;s ds çkoèkku ls ,d @ lh ds fLIyVst ds dkj.k mi&LVMh esa 402-81 #i;s dk çkoèkku tksM+k x;k Fkk] tks lafnXèk ls lafnXèk vkSj #i;s ds çkoèkku ,d , @ lh ds slippage ds dkj.k 112-73 yk• MkmViqQy ls gkfu Js.kh ls fiQly x;kA
Ø- la- 6 ds rgr vkadM+s] (LVSaMMZ esa cdk;k) 34427-06 yk• #i;s] ekStwnk LVSaMMZ •krksa esa cdk;k 'kkfey gSA
Ø- la- 6 ds rgr vkadM+s] (LVSaMMZ esa çkoèkku) 8586-20 yk• #i;s] ekStwnk LVSaMMZ •krksa ds çkoèkku esa deh @ fjgkbZ 'kkfey gS
Ø- la- 6 ds rgr vkadM+s] (lc&LVSaMMZ esa çkoèkku) 2365-02 yk• #i;s] ekStwnk lc&LVSaMMZ •krksa ds çkoèkku esa deh @ fjgkbZ vkSj •krs çkoèkku esa o`f¼ @ deh tks 31-3-18 ds ckn lc&LVSaMMZ esa pys x, (slipped)
Ø- la- 6 ds rgr vkadM+s] (lafnXèk esa cdk;k) 18313-90 yk• #i;s] ekStwnk lafnXèk •krksa esa cdk;k esa deh vkSj •krs ds cdk;k esa o`f¼ @ deh tks 31-3-18 ds ckn lafnXèk esa pys x,
Ø- la- 6 ds rgr vkadM+s (lafnXèk esa çkoèkku) 13861-37 yk• #i;s] ekStwnk lafnXèk •krksa esa çkoèkku dh deh @ fjgkbZ vkSj •krs ds çkoèkku esa o`f¼ @ deh tks 31-3-18 ds ckn lafnXèk esa pyh xbZ

83
,d vik=k LVSaMMZ •krk tSls eSllZ psUubZ usVodZ bUÚk fyfeVsM dks eSllZ thVh,y baÚkLVªDpj fyfeVsM ds lkFk feyk fn;k x;k] ;g ,d lafnXèk •krk gS

13-Jul-18 5:38:09 PM
 6b Disclosure of Restructured Accounts (As on 31.03.2018) as per revised guidelines

84
(` in Lacs')

Sl Type of Restructuring - Under CDR Mechanism Under SME Debt Restructuring Mechanism Others Total
No

$VVHW&ODVVL¿FDWLRQ! Standard Sub- Doubtful Loss Total Standard Sub- Doubtful Loss Total Standard Sub- Doubtful Loss Total Standard Sub- Doubtful Loss Total
Standard Standard Standard Standard

Details

4 PNB Full AR 2017-18 78-124 130718.indd 84

No. of borrowers 24.00 8 26 0 58 45 15 3 0 63 48 16 5 0 69 117 39 34 0 190
Restructured Accounts as
Amount 293771.57 94909.80 531511.29 0.00 920192.66 60767.83 5855.75 4821.69 0 71445.27 838692.84 13591.04 67060.09 0 919343.97 1193232.24 114356.59 603393.07 0.00 1910981.90
1 on April 1 of the FY 2017-18
outstanding
2SHQLQJ¿JXUHV
Provision thereon 52432.85 15532.68 53548.68 0.00 121514.21 8409.51 1219.53 943.64 0 10572.68 89252.11 1235.09 3742.82 0 94230.02 150094.47 17987.30 58235.14 0.00 226316.91

No. of borrowers 0.00 0 0 0.00 0 4 7 1 0 12 845 0 1.00 0 846 849 7 2 0 858

Fresh restructuring during
Amount 0.00 2149.56 0.00 0.00 2149.56 2712.13 537.25 2206.17 0 5455.55 29216.46 13833.08 80705.00 5357.93 129112.47 31928.59 16519.89 82911.17 5357.93 136717.58
2 the year (plus addition in o/s
outstanding
in existing a/cs)
Provision thereon 0.00 0.00 0.00 0.00 0 1576.52 17.63 1178.50 0 2772.65 1505.79 0.00 0.00 0 1505.79 3082.31 17.63 1178.50 0.00 4278.44

No. of borrowers 0 0 0 0 0 4 -4 0 0 0 5 -3 -2 0 0 9 -7 -2 0 0
Upgradations to restructured
Amount 0.00 0.00 0.00 0.00 0 1076.69 -1076.69 0.00 0 0 14566.22 -8941.19 -5625.03 0 0.00 15642.91 -10017.88 -5625.03 0.00 0.00
3 standard category during the
outstanding
FY17-18
Provision thereon 0.00 0.00 0.00 0.00 0 90.05 -90.05 0 0 0 3080.07 -840.88 -2239.19 0 0.00 3170.12 -930.93 -2239.19 0.00 0.00

Restructured standard No. of borrowers 0 0.00 0.00 0.00 0 -30 0.00 0 0 -30 -13 0 0 0 -13 -43 0 0 0 -43
advances which cease to
attract higher provisioning Amount 0.00 0.00 0.00 0.00 0 -27758.76 0.00 0 0 -27758.76 -76014.25 0 0 0 -76014.25 -103773.01 0.00 0.00 0.00 -103773.01
and / or additional risk outstanding
4 weight at the end of the FY
17-18 and hence need not be Provision thereon 0.00 0.00 0.00 0.00 0 -3009.27 0.00 0 0 -3009.27 -4276.80 0 0 0 -4276.80 -7286.07 0.00 0.00 0.00 -7286.07
shown restructured standard
advances at the beginning of
the next FY

No. of borrowers -7 -2 11 1 3 -5 3 6.00 0 4 -10 15 4 2 11 -22 16 21 3 18

Downgradations of
Amount -120083.38 16030.67 106571.09 5497.17 8015.55 -6552.80 3058.96 8332.00 0 4838.16 -290232.22 267805.16 79312.79 35360.57 92246.30 -416868.40 286894.79 194215.88 40857.74 105100.01
5 restructured accounts during
outstanding
the FY-17-18
Provision thereon -15739.56 2382.05 13772.2 112.73 527.42 -1539.10 -298.66 2218.04 0 380.28 -32916.09 29470.87 2664.25 1020.63 239.66 -50194.75 31554.26 18654.49 1133.36 1147.36

No. of borrowers -3 -2 -13 0 -18.00 -3 -6 -2 0 -11 -8 -8 -5 0 -21 -14 -16 -20 0 -50
Write-offs /Closure/recovery/
Amount -93709.64 -67921.85 -320210.55 -117.54 -481959.58 -2521.70 -2945.77 -4694.13 0 -10161.60 -100448.04 -74283.75 -131541.19 0 -306272.98 -196679.38 -145151.37 -456445.87 -117.54 -798394.16
6 exit of restructured accounts
outstanding
during the FY17-18
Provision thereon -26925.57 -15332.72 -40224.03 -112.73 -82595.05 -826.70 -608.72 -1862.60 0 -3298.02 -19675.85 -27550.19 -4167.87 -1020.63 -52414.54 -47428.12 -43491.63 -46254.50 -1133.36 -138307.61

No. of borrowers 14.00 4.00 24.00 1.00 43.00 15.00 15.00 8.00 0.00 38.00 867 20 3 2 892 896 39 35 3 973
Restructured Acounts as on
Amount 79978.55 45168.18 317871.83 5379.63 448398.19 27723.39 5429.50 10665.73 0.00 43818.62 415781.01 212004.34 89911.66 40718.50 758415.51 523482.95 262602.02 418449.22 46098.13 1250632.32
7 31.03.2018 of the FY (closing
outstanding
¿JXUHV
Provision thereon 9767.72 2582.01 27096.85 0.00 39446.58 4701.01 239.73 2477.58 0.00 7418.32 36969.23 2314.89 0.01 0.00 39284.13 51437.96 5136.63 29574.44 0.00 86149.03

Note:
Total CDR A/cs 53. Eligible for Disclosure :43, Not Eligible for disclosure: 10 A/cs
Figures under Sl no 2, ( o/s In Sub-Std ) includes ` 2149.56 lacs, increase in outstanding in existing Sub-std accounts.
Figures Under Sl. No 5, shows slippage ( O/s) from STD to Substandard of ` 37738.65 lacs in 3 A/cs and plus slippage of ` 82344.73 from Std to Doubtful catagory in 4 a/cs. One a/c with outstanding of ` 5279.97 slipped from Std ineligible to Sub -Std and two A/c with O/s of ` 2735.58 lacs slipped from Std
ineligible to Doubtful catagory. It also shows Slippage from Sub -standard to Doubtful category of ` 26987.95 lacs in 6 a/cs. one account slipped from doubtful to loss catagory with O/s of ` 5497.17 lacs.
Figures Under Sl. No 5, ( Prov)) shows slippage from STD to Substandard of ` 4544.22 lacs in 3 a/cs and reduction in provision of ` 11195.34 due to slippage four accounts from Std to Doubtful.. It also shows Slippage of prov from Sub -standard to Doubtful category of ` 2564.98 lacs in 6 A/cs . Provision of
` 402.81 was added to Sub -std due to slippage of one a/c from Std ineligible to Sub Std & Provision of ` 124.61 was added to doubtful due to slippage of two a/cs from Std ineligible to Doubtful and Prov of ` 112.73 lacs slipped from Doubful to Loss catagory due to slippage of one A/c.
Figures under Sl no 6, ( o/s In Std ) includes ` 34427.06 lacs, reduction in outstanding in existing std accounts.
Figures under Sl no 6, ( Prov In Std ) includes ` 8586.20 lacs, reduction/ release in provision in existing std accounts
Figures under Sl no 6, ( Prov in Sub- Std) ) includes ` 2365.02 lacs, reduction/ release in provision in existing Sub Std accounts plus increase/decrease in provision of A/cs which slipped to Sub -Std after 31.3.18
Figures under Sl no 6, ( o/s In Doubtful ) includes ` 18313.90 lacs, reduction in outstanding in existing doubtful accounts plus increase/decrease in outstanding of A/cs which slipped to Doubtful after 31.3.18
Figures under Sl no 6, ( Prov In Doubtful ) includes ` 13861.37 lacs, reduction/ release in provision in existing Doubtful accounts plus increase/decrease in provision of A/cs which slipped to Doubtful after 31.3.18
One ineligible Standard account i.e M/s Chennai Network infra ltd got merged with M/s GTL Infrastructure Ltd, a doubtful account

13-Jul-18 5:38:10 PM
 ,e,l,ebZ MSME
uksV&dkWye la[;k 6 'kkfey gSa % "Note-column No. 6 includes:
1 211-16 yk• #i;s lc&LVSaMMZ vfxzeksa ds cdk;k dh olwyh dh tk jgh gS vkSj 4 MkmuxzsM fd, x, •krs ds fy, 1. ` 211.16 lac decrease in o/s of sub-Standard advances is on account of netting of recovery and
vfrfjDr MsfcV @ lqfoèkk gS tks iquxZfBr •krs ds :i esa tkjh gSA additional debit/ facility for 4 downgraded account which is continued as restructured account.
2. Decrease in provision of sub-standard assets of ` 405.93 lac is on account of netting of increase
2 405-93 yk• #i;s dh lc&LVSaMMZ laifÙk ds çkoèkku esa deh vfrfjDr çkoèkku esa o`f¼ vkSj deh dh usfVax] MkmuxzsM
& decrease in additional provision, DFV & FITL of downgraded account which is continued as
fd, x, •krs ds Mh,iQoh vkSj ,iQvkbZVh,y dks iquxZfBr •krs ds :i esa tkjh j•k x;k gS_ restructured account;
3 300-01 yk• :i;s ds fy, lafnXèk laifÙk ds cdk;k esa deh dh olwyh dh usfVax vkSj ekStwnk lafnXèk •krksa ds fy, 3. Decrease in o/s of doubtful assets for ` 300.01 lac is on account of netting of recovery and additional
vfrfjÙkQ lqfoèkk @ MsfcV A facility/debit for existing doubtful accounts;
4 835 -79 yk• #i;s dh lafnXèk ifjlaifÙk;ksa ds cdk;k esa deh LVSaMMZ@ lc&LVSaMMZ dks lafnXèk Js.kh esa MkmuxzsM fd, 4. Decrease in o/s of doubtful assets of ` 835.79 lac is on account of netting of recovery and additional
x, 6 •krksa ds fy, olwyh dh usfVax vkSj vfrfjDr MsfcV @ lqfoèkk debit/facility for 6 accounts downgraded from Std / sub-std to doubtful category;
5 918-96 yk• #i;s dh lafnXèk ifjlaifÙk;ksa ds vfrfjDr çkoèkku esa o`f¼ vkSj deh dh usfVax] 6 MkmuxzsM fd, x, 5. Decrease in provision of doubtful assets of ` 918.96 lac is on account of netting of increase & decrease
•krs ds Mh,iQoh vkSj ,iQvkbZVh,y dks iquxZfBr •krs ds :i esa tkjh j•k x;k gS_ in additional provision, DFV & FITL of 6 downgraded account which is continued as restructured
account;
6 ik=k LVSUMMZ vfxzeksa ds cdk;s esa ` 245-37 dh deh olwyh dh usfVax vkSj vfrfjDr MsfcV@lqfoèkk ds dkj.k gSA 6. ` 245.37 lac decrease in o/s of eligible Standard advances is on account of netting of recovery and
additional debit/ facility;
7 650-95 yk• #i;s dh LVSaMMZ laifÙk ds çkoèkku esa deh ekStwnk lc&LVSaMMZ •krksa ds Mh,iQoh vkSj ,iQvkbZVh,y esa 7. Decrease in provision of standard assets of ` 650.95 lac is on account of netting of increase & decrease
o`f¼ vkSj deh usfVax ds dkj.k gS] dkWye la[;k 2 esa 'kkfey gSa% in DFV & FITL of existing std accounts
Column no. 2 includes;
8 3-67 yk• :i;s dh olwyh vkSj vfrfjDr MsfcV @ lqfoèkk ds usfVax ds dkj.k lc&LVSaMMZ vfxzeksa ds cdk;k esa o`f¼_ 8. ` 3.67 lac increase in o/s of sub-Standard advances on account of netting of recovery and additional
debit/ facility;
9 8-34 yk• #i;s dh lc&LVSaMMZ laifÙk ds çkoèkku esa o`f¼A ekStwnk lc&LVSaMMZ •krksa ds Mh,iQoh vkSj ,iQvkbZVh,y 9. Increase in provision of sub-standard assets of ` 8.34 lac on account of netting of increase & decrease
esa o`f¼ vkSj deh usfVax ds dkj.k gSA in DFV & FITL of existing sub-std accounts

xSj lhMhvkj NON CDR

1 Ø- la- 2 ds rgr vkadM+s (vofèk ds nkSjku rktk iquxZBu) lc&LVSaMMZ dksye esa] ekStwnk lc&LVSaMMZ •krksa esa 1]3833-
08 yk• #i;s dh o`f¼ ds dkj.k nh xbZ jkf'k cdk;k jkf'k gSA blh rjg] gkfu laifÙk •krs esa cdk;k jkf'k esa o`f¼
ds dkj.k 5357-93 yk• #i;s dh jkf'k gSA
2 Ø- la- 6 ds rgr vkadM+s (iquxZfBr •krksa dks cV~Vs [kkrs Mkyuk)] vofèk ds nkSjku ;ksX; LVSaMMZ •krksa esa] cdk;k vkSj
çkoèkku esa 65570-51 yk• #i;s vkSj 1]6780-73 yk• #i;s dh deh 'kkfey gSaA lhfj;y uacj 6 (iquxZfBr •krksa dks
cV~Vs [kkrs Mkyuk) ds rgr vkadM+s] lc&LVSaMMZ •krksa esa] çkoèkku ds f•ykiQ larqyu esa deh gS] ekStwnk lc&LVSaMMZ
•krksa esa 1]4087-9 7 yk• #i;s 'kkfey gSaA blh çdkj] lafnXèk •krksa dh Js.kh esa] cdk;k esa ekStwnk lafnXèk •krksa esa
6-9-9 yk• #i;s (cdk;k) vkSj LVSaMMZ Js.kh ls 70042-16 yk• rktk pys x, (Mhch) •krksa esa deh 'kkfey gSA
gkfu •krs dh Js.kh esa] 1020-63 yk• #i;s 1&•krs ds çkoèkku esa deh gSA
3 Ø- la- 5 ds rgr vkadM+s (iquxZfBr [kkrksa dk MkmuxzsMs'ku)] mi ekud dkWye ds 9&[kkrksa esa 70228-02 yk• #i;s
vkSj 239-66 yk• #i;s cdk;k jkf'k dk çkoèkku 'kkfey gS] tks vik=k ekud [kkrksa ls mi&ekud esa Lyhist gSaA blh
çdkj] 1&lafnXèk [kkrs esa 7070-28 yk[k #i;s cdk;k 'kkfey gSa tks vik=k ekud [kkrksa ls Mhch Js.kh esa fiQly x;k
gSA gkfu Js.kh [kkrksa esa] ,d [kkrk v;ksX; ekud Js.k ls gkfu Js.kh esa fiQly x;k] ftlesa 14948-00 yk[k #i;s dh
cdk;k jkf'k gSA
1. Figure under Serial No. 2 (Fresh Restructuring during the period), in Sub Standard column, the amount
given is on account of increase of `13833.08 Lakh in balance outstanding in existing sub standard
accounts. Likewise, amount of `5357.93 lakh is on account of increase in balance outstanding in Loss
Asset account.
2 Figures under Serial No. 6 (write off of restructured accounts), includes decrease of `65570.51 lakh
and `16780.73 lakh in outstanding and provision, in eligible standard accounts, during the period.
Figures under Serial No.6 (Write off of restructured accounts), In Sub Standard Accounts, is decrease
in balance against Provision, includes `14087.97 lakh in existing sub standard accounts. Likewise, in
doubtful accounts category, outstanding includes decrease of `63.97 lakh (outstanding) in existing
doubtful accounts and `70042.16 lakh of fresh slipped (DB) accounts from Standard Category. In loss
accounts category, `1020.63 Lakh is the decrease in the provision of 1-account.
3 Figures under serial no. 5 (down-gradation of restructured accounts ), in Sub Standard Column, the
amount outstanding includes `70228.02 lakh and provision includes `239.66 lakh, in 9-accounts,
which are slippage from ineligible standard accounts to sub standard. Likewise, in Doubtful Account,
outstanding includes `7070.28 lakh in outstanding in 1-account, which has slipped from ineligible
standard accounts to DB category. In Loss Category Accounts, one account slipped from ineligible
standard category to Loss category, with amount outstanding of `14948.00 lakh.

6x- (i) 31-03-2018 dks ruko xzLr vkfLr;ksa (,l4,) dh 6c (i). Disclosures on the Scheme for Sustainable
èkkj.kh; lajpuk gsrq çdVhdj.k ;kstuk (os [kkrs tks Structuring of Stressed Assets (S4A), as on
31.03.2018
orZeku esa fLFkr vofèk ds varxZr gSa)%
(jkf'k ` djksM+ esa) (` in Crore)
[kkrksa dh la[;kk cdk;k jkf'k çkoèkku No. of accounts Amount Provision
where S4A has outstanding Held
tgka ,l4, ykxw Hkkx , esa Hkkx ch esa
been applied In Part A In Part B
fd;k x;k gS
&ODVVL¿HGDV 08 1169.53 1158.76 481.92
LVSaMMZ ds :i esa oxhZÑr 08 1169.53 1158.76 481.92 Standard
,uih, ds :i esa oxhZÑr 01 78.69 61.08 34.94 &ODVVL¿HGDV13$ 01 78.69 61.08 34.94
;ksx 09 1248.22 1219.84 516.86 TOTAL 09 1248.22 1219.84 516.86

6x (ii) j.kuhfrd ½.k iqulaZjpuk ;kstuk ij çdVhdj.k ([kkrs 6c (ii) . Disclosures on Strategic Debt Restructuring
Scheme ( accounts which are currently under the
tks orZeku esa fLFkj vofèk ds varxZr gSa) stand-still period)
(jkf'k ` djksM+ esa) (` in Crore)

[kkrksa dh la[;k [kkrs tgka ½.k dk [kkrs tgka ½.k dk

fjiksfVaZx frfFk dks No. of Amount outstanding Amount outstanding Amount outstanding as
tgka ,lMhvkj cdk;k jkf'k LFkku bfDoVh us LFkku bfDoVh us accounts as on the reporting as on the reporting on the reporting date
where SDR date date with respect with respect to accounts
baoksd dh xbZ gS fy;k gS] ds lkFk fy;k gS] ds lkFk has been to accounts where where conversion of
fjiksfVaZx frfFk dks fjiksfVaZx frfFk dks invoked conversion of debt debt to equity has been
to equity is pending taken place
cdk;k jkf'k cdk;k jkf'k
LVSaMMZ ds ,uih, LVSaMMZ ds ,uih, LVSaMMZ ds ,uih, &ODVVL¿HG &ODVVL¿HG &ODVVL¿HG &ODVVL¿HG &ODVVL¿HGDV &ODVVL¿HGDV
as as NPA as as NPA Standard NPA
:i esa ds :i esa :i esa ds :i esa :i esa ds :i esa Standard Standard
oxhZÑr oxhZÑr oxhZÑr oxhZÑr oxhZÑr oxhZÑr
'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 'kwU; NIL NIL NIL NIL NIL NIL NIL

85

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 6x (iii) cká LokfeRo j.kuhfrd ½.k iqulaZjpuk ;kstuk esa 6c (iii). Disclosures on Change in ownership outside
ifjorZu ij çdVhdj.k ([kkrs tks orZeku esa fLFkj vofèk Strategic Debt Restructuring Scheme ( accounts
which are currently under the stand-still period)
ds varxZr gSa)
(` djksM+ esa) (` in Crore)
[kkrksa dh fjiksfVaZx frfFk dks[kkrs tgka ½.k [kkrs tgka ½.k [kkrs tgka LokfeRo No. of Amount outstanding Amount outstanding Amount outstanding Amount outstanding
la[;k tgka cdk;k jkf'k ls bfDoVh 'ks;j ls bfDoVh 'ks;j esa u, 'ks;jksa ;k accounts as on the reporting as on the reporting as on the reporting as on the reporting
cSad us ds caèkd bfDoVh@ ds caèkd bfDoVh@ çorZdksa ds bfDoVh where banks date date with respect date with respect date with respect
have decided to accounts where to accounts where to accounts where
LokfeRo esa baoksds'ku yafcr gSa] baoksds'ku dk LFkku dh fcØh ls to effect conversion of debt conversion of debt change in ownership
ifjorZu djus ds lacaèk esa fjiksfVaZx fy;k gS] ds lacaèk ifjorZu gqvk gS] change in to equity/invocation to equity/invocation is envisaged by
dk fu.kZ; frfFk dks cdk;k esa fjiksfVaZx frfFk ogka fjiksfVaZx frfFk ownership of pledge of equity of pledge of equity issuance of fresh
fy;k gS A jkf'k dks cdk;k jkf'k dks cdk;k jkf'k shares is pending shares has taken shares or sale of
place promoters’ equity
LVSaMMZ ds ,uih, LVSaMMZ ds ,uih, LVSaMMZ ds ,uih, LVSaMMZ ds ,uih,
:i esa ds :i esa ds :i esa ds :i esa ds &ODVVL¿HG &ODVVL¿HG &ODVVL¿HG &ODVVL¿HG &ODVVL¿HG &ODVVL¿HG &ODVVL¿HG &ODVVL¿HG
as as NPA as as NPA as as NPA as as NPA
oxhZÑr :i esa oxhZÑr :i esa oxhZÑr :i esa oxhZÑr :i esa
Standard Standard Standard Standard
oxhZÑr oxhZÑr oxhZÑr oxhZÑr
02 117-89 'kwU; 'kwU; 'kwU; 'kwU; 'kwU; 117-89 'kwU; 02 117.89 NIL NIL NIL NIL NIL 117.89 NIL

6x (iv) 31-03-2018 dks ekStwnk ½.k ls ÝysfDlcy lajpuk ds 6c (iv). Disclosures on application of Flexible Structuring
vkonsu ij çdVhdj.k to Existing Loans as on 31.03.2018.

(` djksM+ esa) (` in Crore)

vofèk ÝySfDlcy ÝySfDlcy lajpuk ds fy, ÝySfDlcy lajpuk ds fy, Period No. of Amount of loans Exposure weighted average
lajpuk esa yh xbZ ½.k dh jkf'k yh xbZ ½.k dh ,Dlkikstj borrowers WDNHQXSIRUÀH[LEOH duration of loans taken up for
taken up structuring ÀH[LEOHVWUXFWXULQJ
fy, x, Hkkfjr vkSlr vofèk
IRUÀH[LEO\
mèkkjdrkZvksa LVSaMMZ ds ,uih, ÝysfDlcy ÝysfDlcy structuring &ODVVL¿HG &ODVVL¿HG Before applying After applying
dh la[;k :i esa ds :i esa lajpuk ykxw lajpuk ykxw as as NPA ÀH[LEOH ÀH[LEOH
Standard structuring structuring
oxhZÑr oxhZÑr djus ls iwoZ djus ls ckn
fiNyk foÙkh; Previous
13 2430.01 854.36 9.82 18.51 13 2430.01 854.36 9.82 18.51
o"kZ Financial Year

orZeku foÙkh; Current

01 1405.00 0.00 9.25 20.00 01 1405.00 0.00 9.25 20.00
o"kZ Financial Year

6x (v) ykxwdj.k ds varxZr LokfeRo ifj;kstukvksa esa ifjorZu ij 6c (v). Disclosures on Change in Ownership of Projects
çdVhdj.k ([kkrs tks orZeku esa fLFkj vofèk ds varxZr Under Implementation (accounts which are
gSa) currently under the stand-still period)

(` djksM+ esa) (` in Crore)

ifj;kstuk ½.k [kkrksa dh la[;k_ fjiksfVaZx frfFk dks cdk;k jkf'k No. of project loan Amount outstanding as on the reporting date
tgka cSad us LokafeRo esa ifjorZu LVSaMMZ ds :i esa LVSaMMZ iqulaZjpuk ,uih, ds :i esa accounts where banks &ODVVL¿HGDV &ODVVL¿HG &ODVVL¿HGDV
have decided to effect Standard as Standard NPA
dk fu.kZ; fy;k gS oxhZÑr ds :i esa oxhZÑr oxhZÑr change in ownership restructured
'kwU; 'kwU; 'kwU; 'kwU; NIL NIL NIL NIL
6x (vi o"kZ 2016&17 ds fy, Hkkjrh; fjtoZ cSad dh tksf[ke F YL 'LYHUJHQFH LQ $VVHW &ODVVL¿FDWLRQ DQG
ewY;kadu fjiksVZ (vkj,vkj) ds vuqikyu esa laifÙk Provisioning for NPAs in compliance to Risk
oxhZdj.k vkSj ,uih, ds fy, çkoèkku esa fopyu assessment report (RAR) of RBI for the year
2016-17are reported as under:-
fuEukuqlkj gS%
(` djksM+ esa) (` in Crore)
Ø- fooj.k jkf'k Sr. Particulars Amount
la- No.
1- cSad }kjk lwfpr dh x;h 31 ekpZ] 2017 rd 55370.45 1. Gross NPAs as on March 31, 2017 as reported by 55370.45
ldy ,uih, the Bank
2- vkjchvkbZ }kjk ewY;kadu ds vuqlkj 31 ekpZ] 2017 rd ldy 57577.55 2. Gross NPAs as on March 31, 2017 as assessed by 57577.55
,uih, RBI
3- ldy ,uih, esa fopyu (2&1) 2207.10 3. Divergence in Gross NPAs (2-1) 2207.10
4- cSad }kjk lwfpr dh x;h 31 ekpZ] 2017 rd 'kq¼ 32702.10
4. Net NPAs as on March 31, 2017 as reported by the 32702.10
,uih, Bank
5- vkjchvkbZ }kjk ewY;kadu ds vuqlkj 31 ekpZ] 2017 rd 'kq¼ 34117.00
5. Net NPAs as on March 31, 2017 as assessed by RBI 34117.00
,uih,
6- 'kq¼ ,uih, esa fopyu (5&4) 1414.90 6. Divergence in Net NPAs (5-4) 1414.90
7- cSad }kjk lwfpr 31 ekpZ] 2017 rd ,uih, gsrq 22043.49* 7. Provisions for NPAs as on March 31, 2017 as 22043.49*
çkoèkku reported by the Bank

86

4 PNB Full AR 2017-18 78-124 130718.indd 86 13-Jul-18 5:38:11 PM

 (` djksM+ esa) (` in Crore)
Ø- fooj.k jkf'k Sr. Particulars Amount
la- No.
8- vkjchvkbZ }kjk ewY;kadu ds vuqlkj 31 ekpZ] 2017 rd ,uih, 22835.69 8. Provisions for NPAs as on March 31, 2017 as 22835.69
gsrq çkoèkku assessed by RBI
9- çkoèkku esa fopyu (8&7) 792.20
9. Divergence in Provisioning (8-7) 792.20
10- 31 ekpZ] 2017 dks lekIr o"kZ ds fy, dj ds i'pkr lwfpr fd;k 1324.80
10. 5HSRUWHG1HW3UR¿WDIWHU7D[3$7IRUWKH\HDU 1324.80
x;k 'kq¼ ykHk (ih,Vh)
ended March 31, 2017
11- 31 ekpZ] 2017 dks lekIr o"kZ ds fy, çkoèkkuksa esa fopyu 532.60
11. $GMXVWHGQRWLRQDO1HW3UR¿WDIWHU7D[3$7IRUWKH 532.60
dh x.kuk ds ckn lek;ksftr (dkYifud) dj i'pkr 'kq¼
year ended March 31, 2017 after taking into account
ykHk(ih,Vh) the divergence in provisioning
*31 ekpZ 2018 dks lekIr o"kZ ds fy, cSad us vius dkedkth ifj.kkeksa esa mi;qZDr çHkko
*The Bank has duly recorded the impact of the above in its working results for the
dks fofèkor ntZ fd;k gSA year ended 31 March 2018.

6-?k vkfLr;ksa dh iqu% lajpuk gsrq çfrHkwfrdj.k @ iqu% lajpuk G 'HWDLOV RI ¿QDQFLDO DVVHWV VROG WR 6HFXULWLVDWLRQ
dEiuh dks csph xbZ foÙkh; vkfLr;ksa dk C;kSjk / Reconstruction Company (SC/RC) for Asset
Reconstruction.
,- fcfØ;ksa dk C;kSjk A. Details of Sales.
(` djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
1- [kkrksa dh la[;k 3 23 1. No. of Accounts 3 23
2- ,llh @ vkjlh dks csps x, [kkrksa dk dqy ewY; 152.84 631.03 2. Aggregate value (net of provisions) of 152.84 631.03
(çkoèkkuksa dk 'kq¼) accounts sold to SC/RC
3- dqy çfriQy jkf'k 399.15 1336.21 3. Aggregate consideration 399.15 1336.21
4- fiNys o"kksaZ (orZeku foÙkh; o"kZ 2017&18 ds nkSjku) 0.08 1.24 4. Additional consideration reali ed in 0.08 1.24
esa varfjr fd, x, [kkrksa ds lEcUèk esa çkIr vfrfjDr respect of accounts transferred in earlier
\HDUV'XULQJFXUUHQW¿QDQFLDO\HDU
çfriQy jkf'k
2017-18)
5- fuoy cgh (3&2) ewY; dh rqyuk esa dqy ykHk 246.31 705.17
5. Aggregate gain/loss over net book 246.31 705.17
@ gkfu value(3-2)
5-1 ,uchoh ij gkfu (tgk¡ ewY; ds fy, fcØh ,uchoh -4.10 -52.31
5.1 Loss over NBV (where sale is for value -4.10 -52.31
ls de gks) below NBV)
5-2 ,uchoh ij ykHk (tgk¡ ewY; ds fy, fcØh ,uchoh 250.41 757.48 5.2 Gain over NBV (where sale is for value 250.41 757.48
ls vfèkd gks) above NBV)

ch- çfrHkwfr jlhn esa fuos'kksa dh cqd ewY; dk C;kSjk B. Details of Book Value of Investments in Security
Receipts.
(` djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
(i) cSad }kjk vaMjykbZax ds rkSj ij csps x, ,uih, ds }kjk 1729.35 1829.99 (i) Backed by NPAs sold by the bank as 1729.35 1829.99
lgk;rk underlying
(ii) vU; cSad@foÙkh; laLFkku@xSj cSafdax foÙkh; dEifu;k¡ 'kwU; 'kwU; (ii) Backed by NPAs sold by other banks / NIL NIL
}kjk vaMjykbZax ds rkSj ij csps x, ,uih, ds }kjk ¿QDQFLDOLQVWLWXWLRQQRQEDQNLQJ¿QDQFLDO
lgk;rk companies as underlying
dqy 1729.35 1829.99 TOTAL 1729.35 1829.99

6-M- vU; cSadksa ls @ dks [kjhnh x;h @ csph x;h vutZd foÙkh; H 'HWDLOVRIQRQSHUIRUPLQJ¿QDQFLDODVVHWVSXUFKDVHG
vkfLr;ksa ds C;kSjs sold from / to other banks.
$ 'HWDLOVRIQRQSHUIRUPLQJ¿QDQFLDODVVHWVSXUFKDVHG
d- [kjhnh x;h vutZd foÙkh; vkfLr;ksa ds C;kSjs
(` in Crore)
(` djksM+ esa) Particulars 31.03.2018 31.03.2017
fooj.k 31.03.2018 31.03.2017 1 (a) No. of accounts purchased during the NIL NIL
1- (d) o"kZ ds nkSjku [kjhns x, [kkrksa dh la[;k 'kwU; 'kwU; period
(b) Aggregate outstanding NIL NIL
([k) dqy cdk;k 'kwU; 'kwU; 2 (a) Of these, number of accounts NIL NIL
2- (d) buesa ls o"kZ (01-04-2017 ls 31-03-2018) 'kwU; 'kwU; restructured during the period i.e.
ds nkSjku iqu% lajfpr [kkrksa dh 01.04.2017 to 31.03.2018
la[;k (b) Aggregate outstanding NIL NIL
([k) dqy cdk;k 'kwU; 'kwU;

87

4 PNB Full AR 2017-18 78-124 130718.indd 87 13-Jul-18 5:38:11 PM

 [k- vutZd foÙkh; vkfLr;ksa dh fcØh dk C;kSjk % 'HWDLOVRIQRQSHUIRUPLQJ¿QDQFLDODVVHWVVROG
(` djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
1- o"kZ ds nkSjku csps x, [kkrksa dh la[;k 3 'kwU; 1 No. of accounts sold during the period 3 NIL
2- dqy cdk;k 386.66 'kwU; 2 Aggregate outstanding 386.66 NIL
3- dqy çkIr çfriQy 399.14 'kwU; 3 Aggregate consideration received 399.14 NIL

6-p- ekud vkfLr;ksa ij çkoèkku 6f. Provisions on Standard Assets

(#i;s djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
lap;h 'ks"k (rqyui=k dh vuqlwph 5 esa 1849.04 3354.88 Cumulative Balance (included under “Other 1849.04 3354.88
¶vU; ns;rk,a vkSj çkoèkku¸ ds vUrxZr Liabilities & Provisions” in Schedule 5 to the
lfEefyr) balance sheet)

7- dkjksckjh vuqikr 7. Business Ratios

fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
i. dk;Zdkjh fufèk;ksa ds çfr'kr ds :i esa 6.26% 6.74 % i. Interest Income as a percentage to 6.26% 6.74 %
C;kt vk; Working Funds
ii. dk;Zdkjh fufèk;ksa ds çfr'kr ds :i esa xSj C;kt 1.16% 1.28 % ii. Non-Interest Income as a percentage to 1.16% 1.28 %
vk; Working Funds
iii. dk;Z'khy fufèk;ksa ds çfr'kr ds :i esa ifjpkyu 1.34% 2.08 % iii. 2SHUDWLQJ SUR¿W DV D SHUFHQWDJH WR 1.34% 2.08 %
ykHk Working Funds
iv. vkfLr;ksa ij çfriQy -1.60% 0.19 % iv. Return on Assets -1.60% 0.19 %
v. çfr deZpkjh dkjksckj (tek rFkk vfxze)(#i;s 14.74 14.17 v. Business (Deposits plus advances) per 14.74 14.17
djksM+ esa) employee (` in Crores)
vi. çfr deZpkjh ykHk (:i;s djksM+ esa) -0.17 0.02 vi. 3UR¿WSHUHPSOR\HH` in Crores) -0.17 0.02
uksV & dk;Zdkjh fufèk;k¡ ekfld vkSlr ij vkèkkfjr gSa A Note: Working Funds are based on Monthly Average.

8- vkfLr & ns;rk çcUèku 8. Asset Liability Management

vkfLr;ksa vkSj ns;rkvksa dh dqN enksa dk ifjiDork Lo:i Maturity Pattern of certain item of Assets and Liabilities
(` in Crore)
(` djksM+ esa)
Maturity Pattern Deposits Advances Investments Borrowings Foreign Foreign
ifjiDork Lo:i tek vfxze fuos'k mèkkj fons'kh fons'kh (gross) Currency Currency
jkf'k;ka (ldy) eqæk eqæk Assets Liabilities
vkfLr;ka ns;rk,a Day 1 14207.46 9619.30 0.00 2316.81 3431.72 3061.41
igyk fnu 14207.46 9619.30 0.00 2316.81 3431.72 3061.41 (8195.41) (10899.88) (0.00) (334.30) (2048.11) (993.36)
(8195.41) (10899.88) (0.00) (334.30) (2048.11) (993.36) 2 days-7days 19163.92 10154.16 231.65 10362.70 4263.89 1450.91
2 fnu & 7 fnu 19163.92 10154.16 231.65 10362.70 4263.89 1450.91
(12842.71) (9035.95) (0.00) (2.31) (2365.13) (3633.04)
(12842.71) (9035.95) (0.00) (2.31) (2365.13) (3633.04)
8-14 days 17149.67 4275.03 670.79 6930.39 1993.59 2957.41
8&14 fnu 17149.67 4275.03 670.79 6930.39 1993.59 2957.41
(8397.84) (5928.24) (99.99) (0.18) (1811.49) (543.95)
(8397.84) (5928.24) (99.99) (0.18) (1811.49) (543.95)
15-30 days 35559.87 20234.87 1906.76 1304.66 7845.40 8293.40
15&30 fnu 35559.87 20234.87 1906.76 1304.66 7845.40 8293.40
(12164.72) (15988.52) (746.60) (1751.70) (6774.67) (6610.50)
(12164.72) (15988.52) (746.60) (1751.70) (6774.67) (6610.50)
31 days to 2 57258.55 9050.87 1323.04 5486.21 7341.91 11452.35
31 fnu ls 2 57258.55 9050.87 1323.04 5486.21 7341.91 11452.35 months
(27378.67) (6562.41) (879.32) (4417.89) (13169.13) (18702.33)
eghus (27378.67) (6562.41) (879.32) (4417.89) (13169.13) (18702.33)
Over 2 to 3 33803.33 20676.52 2682.28 4406.70 7741.63 10907.08
2 eghus ls vfèkd 33803.33 20676.52 2682.28 4406.70 7741.63 10907.08 months
(16254.47) (11618.37) (4021.48) (4530.92) (11571.29) (10471.17)
rFkk 3 eghus rd (16254.47) (11618.37) (4021.48) (4530.92) (11571.29) (10471.17)
Over 3 Months 48177.58 12592.39 3816.03 6071.39 19158.68 25555.34
3 eghus ls vfèkd 48177.58 12592.39 3816.03 6071.39 19158.68 25555.34 to 6 months
(44697.90) (8651.13) (4108.48) (6206.96) (19942.88) (24272.67)
rFkk 6 eghus rd (44697.90) (8651.13) (4108.48) (6206.96) (19942.88) (24272.67)
Over 6 Months 53347.30 24390.51 6595.63 642.86 12729.48 5191.60
6 eghus ls vfèkd 53347.30 24390.51 6595.63 642.86 12729.48 5191.60
to 1 year
(53686.66) (32215.26) (4332.76) (1664.03) (18117.09) (11395.93)
rFkk 1 o"kZ rd (53686.66) (32215.26) (4332.76) (1664.03) (18117.09) (11395.93)
Over 1 Year to 3 102147.91 189915.58 27603.42 3372.72 5457.09 2317.92
1 o"kZ ls vfèkd 102147.91 189915.58 27603.42 3372.72 5457.09 2317.92
Years
(254178.25) (210659.85) (26255.47) (1843.60) (3785.31) (4038.83)
rFkk 3 o"kZ rd (254178.25) (210659.85) (26255.47) (1843.60) (3785.31) (4038.83)
Over 3 Years to 150145.81 43548.51 29102.42 1322.23 6209.62 4118.26
3 o"kZ ls vfèkd 5 150145.81 43548.51 29102.42 1322.23 6209.62 4118.26
5 Years
(7531.90) (38439.68) (21742.06) (330.18) (4045.58) (2552.80)
o"kZ rd (7531.90) (38439.68) (21742.06) (330.18) (4045.58) (2552.80)
Over 5 Years 111264.79 89276.98 129478.07 18634.08 2284.06 3151.39
5 o"kZ ls vfèkd 111264.79 89276.98 129478.07 18634.08 2284.06 3151.39
(176375.49) (69493.86) (125951.89) (19681.26) (1662.32) (2078.42) (176375.49) (69493.86) (125951.89) (19681.26) (1662.32) (2078.42)

642226.19 433734.72 203410.09 60850.75 78457.07 78457.07 Total 642226.19 433734.72 203410.09 60850.75 78457.07 78457.07
tksM+
(621704.02) (419493.15) (188138.05) (40763.33) (85293.00) (85293.00) (621704.02) (419493.15) (188138.05) (40763.33) (85293.00) (85293.00)

(Figures in brackets relate to previous year).

(dks"Bdksa esa fn, x, vkadM+s fiNys o"kZ ds gSa)A

88

4 PNB Full AR 2017-18 78-124 130718.indd 88 13-Jul-18 5:38:12 PM

 9- ,DlikstlZ 9. Exposures:

9-d LFkkoj laink {ks=k dks ,DlikstlZ 9a. Exposure to Real Estate Sector :
(` djksM+ esa) (` in Crore)
Js.kh 31.03.2018 31.03.2017 Category 31.03.2018 31.03.2017
(v) çR;{k ,DLikstj (A) Direct Exposure
i. vkoklh; lEifÙk caèkd % i. Residential Mortgages –
vkoklh; lEifÙk] tks ½.kh }kjk vfèkdkj esa yh xbZ Lending fully secured by mortgages
gS ;k yh tk;sxh ;k fdjk;s ij nh xbZ gS] cUèkd on residential property that is or will
}kjk iw.kZr% çfrHkwr ½.k be occupied by the borrower or that is
` 20 yk[k rd ds oS;fDrd vkoklh; ½.k 19558.77 17171.30 rented
Individual housing loans up to ` 20 lakh 19558.77 17171.30
` 20 yk[k ls vfèkd ds oS;fDrd vkoklh; ½.k 34871.95 29768.47
Individual housing loans above ` 20 lakh 34871.95 29768.47
dqy&;ksx 54430.72 46939.77
SUB-TOTAL 54430.72 46939.77
ii. okf.kfT;d LFkkoj laink & xSj fufèk vkèkkfjr
ii. Commercial Real Estate – including NFB
lhekvksa lfgr
Limits
;s ½.k okf.kfT;d LFkkoj laink ij caèkd ds Lending secured by mortgages on
l`tu }kjk lqjf{kr fd, tk;saxs (buesa dk;kZy; &RPPHUFLDO 5HDO (VWDWHV RI¿FH
dk Hkou] [kqnjk dkjksckj dk LFkku] cgqmís'kh; buildings, retail space, multi-purpose
okf.kfT;d ifjlj] vkS|ksfxd vFkok xksnke dk commercial premises, industrial or
LFkku] Hkwfe] ml ij fd;k x;k fodkl vkSj fuekZ.k warehouse space, land acquisition,
vkfn 'kkfey gksaxs A) development and construction etc.)
9765.10 11038.58 Fund Based 9765.10 11038.58
iwath vkèkkfjr
577.99 765.43 Non Fund Based 577.99 765.43
xSj iwath vkèkkfjr
SUB-TOTAL 10343.09 11804.01
dqy&;ksx 10343.09 11804.01
iii. Investments in Mortgaged Backed
iii. caèkd lefFkZr çfrHkwfr;ksa (,ech,l) vkSj vU;
Securities (MBS) and other securiti ed
çfrHkwr ,DLikstj esa fuos'k & exposures –
(d) vkoklh; 0.00 0.00 a. - Residential 0.00 0.00
([k) okf.kfT;d LFkkoj laink 0.00 0.00 b. - Commercial Real Estate 0.00 0.00
(vk) vçR;{k ,Dlikstj (B) Indirect Exposure
jk"Vªh; vkokl cSad (,u,pch) vkSj vkokl 16941.31 9245.41 FB & NFB Exposure to National Housing 16941.31 9245.41
foÙk dEiuh (,p,iQlh) gsrq ,iQch & ,u,iQch 5525.88 5046.27 Bank (NHB) & Housing Finance
,Dlikstj Companies (HFCs)
cSad }kjk vkokl dEiuh ,oa dkWiksZjs'ku esa fuos'k Investments made by the Bank in 5525.88 5046.27
fd;k x;k Housing Companies & Corporations.
dqy ;ksx 22467.19 14291.68 Sub Total 22467.19 14291.68
LFkkoj laink {ks=k dks dqy ½.k 87241.00 73035.46 Total Exposure to Real Estate Sector 87241.00 73035.46

9-[k iw¡th cktkj dks ,DLikstj 9b. Exposure to Capital Market

(` djksM+ esa) (` in Crore)

fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
1- bfDoVh 'ks;jksa] ifjorZuh; caèki=kksa] ifjorZuh; ½.k 3864.75 3972.11 1. Direct investment in equity shares, 3864.75 3972.11
convertible bonds, convertible
i=kksa vkSj bfDoVh mUeq[k E;wpqvy iQaMksa ds ;wfuVksa
debentures and units of equity oriented
ftudh fufèk dks fuxfer ½.k esa fo'ks"k :i ls fuos'k mutual funds the corpus of which is not
ugha fd;k tkrkA exclusively invested in corporate debt.
2- 'ks;jksa (vkbZihvks@ bZ,lvksih lfEefyr gSa) ifjorZuh; 2.64 2.40 2. Advances against shares/bonds/ 2.64 2.40
caèki=kksa] ifjorZuh; ½.k i=kksa vkSj bfDoVh mUeq[k debentures or other securities or
E;wpqvy iQaMksa esa fuos'k ds fy, O;f"V;ksa dks 'ks;jksa@ on clean basis to individuals for
investment in shares (including IPOs/
caèk i=kksa@ ½.k i=kksa ;k vU; çfrHkwfr;ksa dh çfrHkwfr ESOPs) convertible bonds, convertible
ij ;k vçfrHkwr vfxzeA debentures, and units of equity oriented
25.19 369.01 mutual funds.
3- fdlh vU; ç;kstu ds fy, vfxze tgka 'ks;jksa ;k
ifjorZuh; caèk i=kksa ;k ifjorZuh; ½.k i=kksa ;k 3. Advances for any other purposes 25.19 369.01
bfDoVh mUeq[k E;wpqvy iQaMksa ds ;wfuVksa dks çkFkfed where shares or convertible bonds or
convertible debentures or units of equity
çfrHkwfr ds :i esa j[kk x;k gksA oriented mutual funds are taken as
primary security.

89

4 PNB Full AR 2017-18 78-124 130718.indd 89 13-Jul-18 5:38:13 PM

 (` djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
4- fdlh vU; ç;kstu ds fy, vfxze tgka 'ks;jksa ;k 596.86 450.19 4. Advances for any other purposes to the 596.86 450.19
ifjorZuh; ckaM] ifjorZuh; fMcsapj vkSj bfDoVh mUeq[k extent secured by the collateral security of
shares or convertible bonds or convertible
E;wpqvy iQaMksa ds ;wfuVksa dh lEikf'oZd çfrHkwfr rd debentures or units of equity oriented
çfrHkwfr nh xbZ gks vFkkZr~ tgk¡ ifjorZuh; ckW.M @ mutual funds i.e. where the primary
ifjorZuh; ½.k i=kksa @ bfDoVh mUeq[k E;wpqvy iQaMksa security other than shares/convertible
ds ;wfuVksa ls fHkUu çkFkfed çfrHkwfr vfxzeksa dks iwjh bonds/convertible debentures/units of
rjg doj ugha djrh gSa A equity oriented mutual funds does not
fully cover the advances.
5. Secured and unsecured advances to 258.68 355.95
5- LVkWd czksdjksa dks çfrHkwr rFkk vçfrHkwr vfxze vkSj 258.68 355.95 stock brokers and guarantees issued
LVkWd czksdjksa rFkk ekdsZV esdjksa dh vksj ls nh xbZ on behalf of stock brokers and market
xkjafV;k¡ makers.
6- lalkèkuksa ds c<+us dh laHkkouk esa u;h dEifu;ksa dh 'kwU; 'kwU; 6. Loans sanctioned to corporate against NIL NIL
the security of shares/bonds/debentures
bfDoVh ds çfr çorZdksa ds va'k dks iwjk djus ds
or other securities or on clean basis for
fy, 'ks;jksa@ckW.Mksa@ ½.k i=kksa ;k vU; çfrHkwfr;ksa dh meeting promoter’s contribution to the
çfrHkwfr ij ;k fcuk çfrHkwfr ds fuxfer laLFkkvksa dks equity of new companies in anticipation
LohÑr fd;k x;k ½.k of raising resources.
7- laHkkfor bfDoVh çokgksa@ fuxZeksa ds çfr dEifu;ksa 'kwU; 'kwU; 7. Bridge loans to companies against NIL NIL
dks iwjd ½.k H[SHFWHGHTXLW\ÀRZVLVVXHV
8. Underwriting commitments taken up NIL NIL
8- 'ks;jksa ;k ifjorZuh; caèk i=kksa ;k ifjorZuh; ½.k i=kksa 'kwU; 'kwU; by the banks in respect of primary
;k bfDoVh mUeq[k E;wpqvy iQaMksa ds ;wfuVksa ds çkbejh issue of shares or convertible bonds or
b';w ds lEcUèk esa cSadksa }kjk gkehnkjh çfrc¼rk,a convertible debentures or units of equity
oriented mutual funds.
9- ekftZu VªsfMax ds fy, LVkWd czksdjksa dks foÙk 'kwU; 'kwU; 9. Financing to stock brokers for margin NIL NIL
10- m|e iw¡th fufèk;ksa (iathÑr vkSj xSj iathÑr nksuksa) 216.50 263.91 trading
dks fn, x, leLr ½.k bfDoVh ds leku gh ekus 10. All exposures to Venture Capital funds 216.50 263.91
tk,axs vkSj blfy, iwath cktkj ,Dlikstj lhek (both registered and unregistered) will
be deemed to be on par with equity and
(çR;{k vkSj vçR;{k nksuksa) ds vuqikyu ds fy,
hence will be reckoned for compliance
Lohdkj fd;k tk,xkA with the capital market exposures ceilings
11 E;wpqvy iQaM dks vfxze 5150.00 4250.66 (both direct and indirect)
11. Advances to Mutual Funds 5150.00 4250.66
iw¡th cktkj dks dqy ,DLikstj 10114.62 9664.23
Total Exposure to Capital Market 10114.62 9664.23
9-x tksf[ke Js.khokj ns'k lEcUèkh ,Dlikstj 9c. Risk Category wise Country Exposure
31-03-2018 dks dqy fuoy fufèk ,Dlikstj ` 48993-04 djksM+ gSA Total Net Funded Exposure as on 31.03.2018 is ` 48993.04
31-12-2017 dks cSad dh dqy vkfLr;ka ` 771277-72 djksM+ gS] Crores. Total assets of the bank as on 31.12.2017 were
ftldk 1% ` 7712-78 djksM+ gS A nks ns'kksa gkaxdkax vkSj ;w,bZ dh ` 771277.72 Crores, 1% of which comes to ` 7712.78
dqy fuoy fufèk ,Dlikstj dh jkf'k Øe'k% ` 9868-70 djksM+ vkSj Crore. Total net funded exposure of two countries namely
Hongkong and UAE are ` 9868.70 Crore & ` 16946.50
`16946-50 djksM+ gSA tksfd 31-12-2017 dks cSad dh dqy vkfLr;ksa Crore respectively, is more than 1% of the total assets of
ds 1% ls vfèkd gSA ;fn gkaxdkax o ;w,bZ ij cSad dk oqQy fuoy the Bank as on 31.12.2017 i.e. ` 7712.78 Crore. In case
,Dlikst 31-03-18 dh oqQy vkfLr;ksa ls vfèkd gks tkrk gS rks total net funded exposure of the bank on Hong Kong &
Hkk-fj- cSad fn'kk funsZ'kksa ds vuqlkj gkaxdkax ds fy, ` 13-07 djksM+ UAE happens to be more than 1% of total assets as on
vkSj ;w,bZ ds fy, ` 21-67 djksM+ dk çkoèkku fd;k x;k gSA Hkkjr 31.03.2018, provision of ` 13.07 Crore for Hongkong and
` 21.67 Crore for UAE has been made in terms of RBI
fu;kZr ½.k xkjaVh fuxe (bZlhthlh) oxhZdj.k ds vuqlkj] gkaxdkax
guidelines. As per Export Credit Guarantee Corporation
ns'k ux.;k tksf[ke Js.kh vFkkZr ,1 vkSj ;w,bZ de tksf[ke Js.kh RI,QGLD(&*&FODVVL¿FDWLRQ+RQJ.RQJFRXQWU\LVLQWKH
vFkkZr ,2 esa gSA ,QVLJQL¿FDQW5LVN&DWHJRU\LH$DQG8$(LVLQWKH/RZ
Risk Category i.e. A2.
(` djksM esa) (` in Crore)
tksf[ke Js.kh ekpZ 2018 ekpZ 2018 ekpZ 2017 ekpZ 2017 Risk Category Exposure Provision Exposure Provision
dks ,Dlikstj dks j[kk dks ,Dlikstj dks j[kk x;k (net) as at held as at (net) as at held as at
March 2018 March 2018 March 2017 March 2017
(pkyw o"kZ) x;k çkoèkku ('kq¼) çkoèkku (Current (Current (Previous (Previous
(pkyw o"kZ) (xr o"kZ) (xr o"kZ) Year) Year) Year) Year)
ux.;r 27583.73 13.07 24762.17 12.15 ,QVLJQL¿FDQW 27583.73 13.07 24762.17 12.15
de 21270.95 21.67 20781.74 13.23 Low 21270.95 21.67 20781.74 13.23
lkekU; ls de 4.46 287.42 0 Moderately Low 4.46 287.42 0

90

4 PNB Full AR 2017-18 78-124 130718.indd 90 13-Jul-18 5:38:13 PM

 (` djksM esa) (` in Crore)
tksf[ke Js.kh ekpZ 2018 ekpZ 2018 ekpZ 2017 ekpZ 2017 Risk Category Exposure Provision Exposure Provision
(net) as at held as at (net) as at held as at
dks ,Dlikstj dks j[kk dks ,Dlikstj dks j[kk x;k
March 2018 March 2018 March 2017 March 2017
(pkyw o"kZ) x;k çkoèkku ('kq¼) çkoèkku (Current (Current (Previous (Previous
(pkyw o"kZ) (xr o"kZ) (xr o"kZ) Year) Year) Year) Year)
lkekU; 132.80 99.29 0 Moderate 132.80 99.29 0
lkekU; ls mPp 0.76 0 0 Moderately High 0.76 0 0
mPp 0.34 0.42 0 High 0.34 0.42 0
vfr mPp 0.00 0 0 Very high 0.00 0 0
dqy 48993.04 34.74 45931.04 25.38 Total 48993.04 34.74 45931.04 25.38

9-?k 01-04-2017 ls 31-03-2018 ds nkSjku cSad }kjk ,dy @ 9d. Bank’s Disclosure in respect of Credit Exposures where
lewg mèkkjdrkZ lhek ds fy, Hkkjrh; fjtoZ cSad }kjk funsZf'kr the same had exceeded the Prudential Exposure limits
prescribed by RBI for Individual/Group Borrowers
çwMsaf'k;y ,Dikstj lhek ls vfèkd gksus okys ØsfMV ,Dikstj ds during 01.04.2017 to 31.03.2018.
lEcUèk esa cSad dk çdVhdj.k
“The Bank has not exceeded prudential exposure ceilings
¶1&04&2017 ls 31-03-2018 dh vofèk ds nkSjku lewg mèkkjdrkZ in respect of any Group Accounts and Individual Borrowers
vkSj ,dy mèkkjdrkZ ds lEcUèk esa cSad us eSllZ ,pMh,iQlh fyfeVsM during the period 01.04.2017 to 31.03.2018 except
ds vykok fdlh çqMsaf'k;y ,DLikstj dh lhfyax dks ugha c<k;k gS¸A M/S HDFC Ltd”.
oS;fDrd [kkrs ds lEcUèk esa çqMsaf'k;y ,DLikstj lhfyax vFkkZr The prudential exposure ceiling in respect of individual
eSllZ ,pMh,iQlh fyfeVsM ds lEcUèk esa foÙkh; o"kZ ds nkSjku 15% Accounts, i.e. 15% of Capital Funds has been breached
during the FY in respect of M/S HDFC Ltd. The details are
dSfiVy jkf'k dk mYya?ku fd;k x;kA fooj.k fuEukuqlkj gS%
as under:-
(jkf'k djksM+ksa esa) (` in Crore)
mèkkjdrkZ dk uke fuos'k vkSj MsjhosfVo fuèkkZfjr lhek dSfiVy iwath Name of the Exposure Including Prescribed % of
Borrower Investment & Ceiling Capital
lfgr ,Dlikstj dk % Derivative Fund
eSllZ ,pMh,iQlh fy- 8503.61 dSfiVy iwath 16.01 M/S HDFC Ltd 8503.61 15 % of Capital 16.01
dk 15% Fund

9M- vçfrHkwr vfxze% 9e. Unsecured Advances:

(` djksM+ esa) (` in Crore)

fooj.k 31.03.2018 31.03.2017
vçfrHkwr vfxze 63883.30 47860.91
1- vfxzeksa dh og dqy jkf'k ftlds fy, vewrZ 8247.72 7599.50
vkfLr;ka tSls vfèkdkjksa] vuqKfIr;ksa] çkfèkdkjksa
vkfn ij ½.k Hkkj dks ¶vçfrHkwr vfxze¸ ds
vUrxZr vuqlwph 9 esa 'kkfey fd;k x;k gS A
2- vewrZ laikf'kZod çfrHkwfr;ksa dk vuqekfur ewY; 9621.89
10- fjtoZ cSad }kjk yxk, x, vFkZnaMksa dk çdVhdj.k %
d 01-04-2017 ls 31-03-2018 dh vofèk ds nkSjku cSafdax fofu;eu ds
ds lkFk èkkjk 47 mièkkjk , [kaM 1 mi[kaM lh ds lkFk 46 (4) lEcUèkh
çkoèkku ds rgr] vfèkfu;e ds fdlh Hkh çkoèkku ds mYya?ku ds fy,
;k cSafdax fu;eu vfèkfu;e] 1949 dh fdlh Hkh vU; vko';drkvksa
ds xSj&vuqikyu ds fy,] mDr vfèkfu;e ds varxZr Hkkjrh; fjtoZ
cSad }kjk fufnZ"V vkns'k] fu;e ;k 'krZ ds fy, cSad ij vkjchvkbZ
}kjk 'kwU; (3 djksM+) tqekZuk yxk;k x;k gSA (mijksDr vkadM+s çcaèku
Particulars 31.03.2018 31.03.2017
Unsecured Advance 63883.30 47860.91
1. Total amount of advances for which 8247.72 7599.50
intangible securities such as charge over
the rights, licenses, authority etc. has
been included in Sch.9 under ‘Unsecured
Advances’
8425.15
2. Estimated value of intangible collaterals 9621.89 8425.15
10. Disclosure of penalties imposed by the RBI:
A. During the period 01.04.2017 to 31.03.2018 NIL (` 3.00
Crore) penalty has been imposed by RBI on the bank under
the provision of Section 47 sub-section A clause 1 sub
clause c read with 46(4) of the Banking Regulation Act, for
contraventions of any of the provisions of the Act or non-
compliance with any other requirements of the banking
5HJXODWLRQ$FWRUGHUUXOHRUFRQGLWLRQVSHFL¿HGE\
5HVHUYH%DQNRI,QGLDXQGHUWKHVDLG$FW$ERYH¿JXUHDUH
}kjk çekf.kr gSa)A FHUWL¿HGE\WKHPDQDJHPHQW
[k 01-04-2017 ls 31-03-2018 dh vofèk ds nkSjku ,lth,y çfrHkwfr;ksa B. Particulars of Bouncing of SGL securities during the period
esa mNky dk fooj.k 'kwU; gS (` 365 djksM+) 01.04.2017 to 31.03.2018 is NIL (` 365.00 Crore)
ys[kk ekudksa }kjk visf{kr vU;- çdVhdj.k Other Disclosures required by Accounting Standards
11- ,,l&5 iwoZ&vofèk vkSj ys[kkadu uhfr esa ifjorZu 11. AS -5 Prior Period and Change in Accounting Policy
,,l&5 ds vèkhu iwoZ vofèk ds vk; @ O;; ds dksbZ egRoiw.kZ There were no material prior period income/expenditure
çdVhdj.k visf{kr ugha gSa A items requiring disclosure under AS–5.

91

4 PNB Full AR 2017-18 78-124 130718.indd 91 13-Jul-18 5:38:14 PM

 12- ,,l&10 lEifÙk;ka] IykaV vkSj midj.k 12. AS- 10 Properties, Plant and Equipment.

ekpZ 2018 ds var rd vkfLr;ksa ds çR;sd oxZ ds fy, fd, Break-up of total depreciation for the year ended
x, dqy ewY;âkl dk C;kSjk March, 2018 for each class of assets
(` djksM+ esa) (` in Crore)
vkfLr Js.kh 31.03.2018 31.03.2017 Class of assets 31.03.2018 31.03.2017
ifjlj 83.44 10.89 Premises 83.44 10.89
vU; vpy vkfLr;k¡ 450.35 378.63 2WKHU¿[HGDVVHWV 450.35 378.63
iV~Vs okyh vkfLr;k¡ 0.00 0.00 Leased assets 0.00 0.00
dEI;wVj lkWÝVos;j 42.38 35.51 Computer software 42.38 35.51
tksM+ 576.17 425.03 Total 576.17 425.03

13- ys[kk ekud& 9 jktLo ekU;rk 13. AS- 9 Revenue Recognition:

vk; dh dqN enksa dh ekU;rk ys[kk uhfr la[;k 3 (5) ds vuqlkj ertain items o income are reco ni ed on reali ation
olwyh vkèkkj ij dh tkrh gS A cgjgky] mDr vk; ux.; gS A asis as er ccountin olicy o ( ) o ever the said
income is not considered to e material

14- , ,l 11 % fons'kh fofue; njksa esa ifjorZu 14. AS 11- Changes in foreign exchange rates:

fons'kh eqæk ifjorZu çkjf{kr esa mrkj&p<+ko Movement of foreign currency translation reserve

(` djksM+ esa) (` in Crore)

fooj.k jkf'k (2017&18) jkf'k (2016&17) Particulars Amount (2017-18) Amount (2016-17)
çkjafHkd 'ks"k 342.64 360.60 Opening balance 342.64 360.60
01-04-17 ls 31-03-18 dh vofèk ds 47.89 0.00 Credited during the year 47.89 0.00
nkSjku tek 01.04.2017 to 31.03.2018
01-04-17 ls 31-03-18 ds nkSjku 45.66 17.96 Withdrawn during the year 45.66 17.96
fudklh 01.04.2017 to 31.03.2018
bfr'ks"k 344.87 342.64 Closing Balance 344.87 342.64

15- , ,l 15 & deZpkjh ykHk %  $6±(PSOR\HHV%HQH¿WV

ys[kk ekud & 15 (la'kksfèkr) ds vuqlkj çdVhdj.k DISCLOSURE IN ACCORDANCE WITH AS 15 R

;kstuk dk çdkj% isa'ku TYPE OF PLAN: PENSION

(jkf'k ` djksM+ esa) Amounts are in Crore of Rupees

I. çèkku chekafdd ekU;rk 31.03.2018 31.03.2017 I. PRINCIPAL ACTUARIAL ASSUMPTIONS 31.03.2018 31.03.2017
(Hkkfjr vkSlr ds :i esa O;Dr fd;k x;k) Expressed as weighted averages
cV~Vk nj 7.89% 8.05% Discount Rate 7.89% 8.05%
;kstuk vkfLr;ksa ds çfriQy dh laHkkfor nj 2.80% 2.80% Steady State Basic Pay escalation rate 2.80% 2.80%
osru esa o`f¼ dh nj 6.50% 6.50% Dearness Relief Escalation Rate 6.50% 6.50%
âkl nj 1.00% 1.00% Attrition rate 1.00% 1.00%
;kstuk laifÙk ij okilh dh visf{kr nj 8.61% 8.61% Expected rate of return on Plan Assets 8.61% 8.61%
II. nkf;Roksa ds orZeku ewY; esa II. CHANGES IN THE PRESENT
ifjorZu &vksifuax vkSj Dyksftax VALUE OF THE OBLIGATION (PVO) -
RECONCILIATION OF OPENING AND
'ks"kksa dk feyku
CLOSING BALANCES:
vofèk dh 'kq:vkr esa nkf;Roksa dk orZeku ewY; 22859.81 20179.68
PVO as at the beginning of the period 22859.81 20179.68
C;kt ykxr 1785.88 1598.26
Interest Cost 1785.88 1598.26
pkyw lsok ykxr 556.50 540.15
Current service cost 556.50 540.15
iwoZ lsok ykxr& vekU;
Past service cost -Unrecognised
iwoZ lsok ykxr& ekU;
Past service cost - Recognised
iwoZ lsok ykxr& xSj ifj'kksfèkr
Past service cost -Not amorti able
Hkqxrku fd, tk pqds ykHk -1349.99 -1234.20
%HQH¿WVSDLG -1349.99 -1234.20
nkf;Ro ij okLrfod gkfu @ (ykHk) 2272.58 1775.92
(larqyu vkadM+k) Actuarial loss/(gain) on obligation (balancing 2272.58 1775.92
¿JXUH
vofèk ds var esa ihohvks 26124.78 22859.81
PVO as at the end of the period 26124.78 22859.81

92

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 (jkf'k ` djksM+ esa) Amounts are in Crore of Rupees
III. ;kstuk vkfLr;ksa ds mfpr ewY; III. CHANGES IN THE FAIR VALUE OF
esa ifjorZu&vksifuax vkSj Dyksftax PLAN ASSETS - RECONCILIATION OF
'ks"kksa dk feyku OPENING AND CLOSING BALANCES:
vofèk dh 'kq:vkr esa ;kstuk vkfLr;ksa dk 24660.65 20841.72 FAIR VALUE OF PLAN ASSETS AS AT 24660.65 20841.72
mfpr ewY; THE BEGINNING OF THE PERIOD

Iyku vkfLr;ksa ij vuqekfur çfriQy 2072.16 1799.35 Expected return on plan assets 2072.16 1799.35

va'knku 162.60 1347.46 Contributions 162.60 1347.46

Hkqxrku fd, x, ykHk -1349.99 -1234.20 %HQH¿WVSDLG -1349.99 -1234.20
;kstuk vkfLr;ksa ij laHkkfor çfriQy -333.38 1906.32 Actuarial gain/(loss) on plan assets balancing -333.38 1906.32
¿JXUH@

vofèk ds var esa ;kstuk vkfLr;ksa dk 25212.04 24660.65 Fair value of plan assets as at the end of the 25212.04 24660.65
period
mfpr ewY;
IV. ACTUAL RETURN ON PLAN ASSETS
IV. ;kstuk vkfLr;ksa ij okLrfod çfriQy
2072.16 1799.35 Expected return on plan assets 2072.16 1799.35
;kstuk vkfLr;ksa ij laHkkfor çfriQy
-333.38 1906.32 Actuarial gain (loss) on plan assets -333.38 1906.32
;kstuk vkfLr;ksa ij chekafdd ykHk (gkfu)
1738.78 3705.67 Actual return on plan assets including 1738.78 3705.67
laosnu'khy çfrHkwfr;ksa ij C;kt nj vkSj
unrealised capital gains /capital (losses) on
,iQMhvkj ij vftZr C;kt lfgr vokLrfod the interest rate sensitive securities held in
iwathxr ykHk @ iwath (gkfu) lfgr ;kstuk the fund and interest accrued on FDRs
vkfLr;ksa ij okLrfod çfriQy
V. ACTUARIAL GAIN / LOSS RECOGNI ED
v. ekU; chekafdd ykHk @gkfu
Actuarial gain / (loss) for the period - -2272.58 -1775.92
vofèk ds fy, chekafdd ykHk@(gkfu) & -2272.58 -1775.92 Obligation
nkf;Ro Actuarial gain / (loss) for the period- Plan -333.38 1906.32
vofèk ds fy, chekafdd ykHk@(gkfu) & ;kstuk -333.38 1906.32 Assets
vkfLr;ka Total (gain) / loss for the period 2605.96 -130.40
vofèk ds fy, dqy chekafdd ykHk@(gkfu) 2605.96 -130.40 Actuarial (gain) / loss recogni ed in the period 2605.96 -130.40
vofèk esa ekU; chekafdd ykHk@(gkfu) 2605.96 -130.40 Unrecogni ed actuarial (gain) / loss at the end 0 0
o"kZ ds var esa vekU; chekafdd 0 0 of the year
(gkfu)@ykHk VI. AMOUNTS RECOGNISED IN THE
VI. rqyui=k esa ekU; BALANCE SHEET AND RELATED
jkf'k vkSj ANALYSIS
lEcafèkr fo'ys"k.k% Present value of the obligation 26124.78 22859.81
nkf;Roksa dk orZeku ewY; 26124.78 22859.81 Fair value of plan assets 25212.04 24660.65
;kstuk vkfLr;ksa dk mfpr ewY; 25212.04 24660.65 Difference 912.74 -1800.84
vUrj 912.74 -1800.84 Unrecognised transitional liabilty 0 0
vekU; Vªkft'uy ns;rk;sa 0 0 Unrecognised past service cost - vested 0 0
vekU; xr lsok ykxr & fufgr ykHk & 0 0 EHQH¿WV

rqyui=k esa ekU;n ns;rk,a 912.74 0 Liability Recognised in the Balance Sheet 912.74 0

iSjk 55 ds vUrxZr udkjkRed fuèkkZfjr jkf'k 0 -1800.84 Negative Amount determined under 0 -1800.84
paragraph 55
Present value of available refunds and 0 1800.84
Hkkoh va'knkuksa esa dVkSrh vkSj miyCèk Hkkoh dVkSrh dk 0 1800.84
reductions in future contributions
orZeku ewY;
Resulting asset as per paragaraph 59(b) 0 1800.84
iSjk 59 ds vUrxZr lhek vuqlkj ekU; vkfLr 0 1800.84
VII. EXPENSES RECOGNISED IN THE
VII. ykHk o gkfu [kkrs esa ekU; O;; STATEMENT OF PROFIT AND LOSS:
pkyw lsok ykxr 556.50 540.15 Current service cost 556.50 540.15
C;kt ykxr 1785.88 1598.26 Interest Cost 1785.88 1598.26
;kstuk vkfLr;ksa ij laHkkfor çfriQy -2072.16 -1799.35 Expected return on plan assets -2072.16 -1799.35
o"kZ ds nkSjku ekU;a 'kq¼ chekafdr (ykHk) @ 2605.96 -130.40 Net actuarial (gain)/loss recognised in the 2605.96 -130.40
vFkok gkfu year
o"kZ ds nkSjku ekU;a Vªkaft'kuy ns;rk,a 0 0 Transitional Liability recognised in the year 0 0
xr lsok ykxr& xSj ifj'kksfèkr 0 0 Past service cost - not amorti able 0 0
xr lsok ykxr& ekU; 0 0 Past service cost - recognised 0 0
iSjk 59(ch) esa lhek dk çHkko 0 0 Effect of the Limit in paragraph 59(b) 0 0
çkWfiQV ,aM yksl LVsVesaV esa ekU; O;; 2876.18 208.67 Expenses recogni ed in the statement of 2876.18 208.67
SUR¿WDQGORVV

93

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 (jkf'k ` djksM+ esa) Amounts are in Crore of Rupees
VIII. rqyui=k esa ekU; gksus okyh 'kq¼ ns;rk esa VIII. MOVEMENTS IN THE LIABILITY
mrkj&p<+ko RECOGNI ED IN THE BALANCE SHEET
çkjfEHkd 'kq¼ ns;rk -1800.84 -662.04 Opening net liability -1800.84 -662.04
O;; mijksDrkuqlkj 2876.18 208.67 Expense as above 2876.18 208.67
lanÙk va'knku -162.60 -1347.46 Contribution paid -162.60 -1347.46
vafre 'kq¼ ns;rk 912.74 -1800.84 Closing net liability 912.74 -1800.84
IX. orZeku vofèk ds fy, jkf'k IX. AMOUNT FOR THE CURRENT PERIOD
nkf;Roksa dk orZeku ewY; 26124.78 22859.81 Present Value of obligation 26124.78 22859.81
;kstuk vkfLr;ka 25212.04 24660.65 Plan Assets 25212.04 24660.65
vekU;o xr lsok ykxr ls iwoZ -912.74 1800.84 6XUSOXV'H¿FLWEHIRUHXQUHFRJQLVHGSDVW -912.74 1800.84
vfèk'ks"k@(?kkVk) service cost
;kstuk ns;rkvksa esa vuqHkkfod lek;kstu & -122.81 313.46 Experience adjustments on plan liabilities -122.81 313.46
(gkfu)@ykHk -(loss)/gain
;kstuk vkfLr;ksa esa vuqHkkfod lek;kstu & -333.38 1906.32 Experience adjustments on plan assets -333.38 1906.32
(gkfu)@ykHk -(loss)/gain
X. ;kstuk vkfLr;ksa dh çeq[k Jsf.k;k¡ X. MAJOR CATEGORIES OF PLAN
(dqy ;kstuk vkfLr;ksa dk çfr'kr) ASSETS (BOOK VALUE PROPORTIONS)
Hkkjr ljdkj dh çfrHkwfr;k¡ 8.66% 8.85% Government of India Securities 8.66% 8.85%
jkT; ljdkj dh çfrHkwfr;k¡ 30.68% 31.90% State Government Securities 30.68% 31.90%
mPp fdLe ds dkWiksZjsV ckW.M 10.58% 13.82% High Quality Corporate Bonds 10.58% 13.82%
lwphc¼ dEifu;ksa ds bfDoVh 'ks;j 0.00% 0.00% Equity shares of listed companies 0.00% 0.00%
laifÙk 0.00% 0.00% Property 0.00% 0.00%
fo'ks"k tek ;kstuk,a 0.00% 0.00% Special Deposit Scheme 0.00% 0.00%
fuxZedrkZ }kjk pykbZ xbZ fufèk;k¡ 37.62% 32.68% Funds managed by Insurer 37.62% 32.68%
vU; cSad tekjkf'k;ka vkSj tek çek.ki=kk (lhMh) 12.46% 13.00% Others -Including Bank Deposits and FDRs 12.46% 13.00%
tksM+ 100.00% 100.00% Total 100.00% 100.00%
XI. vkxkeh o"kZ ds nkSjku ,aVjçkbZt ds va'knku 1600.00 1300.00 XI. ENTERPRISE’S BEST ESTIMATE OF 1600.00 1300.00
dk Js"Bre vuqeku CONTRIBUTION DURING NEXT YEAR

;kstuk dk çdkj% minku TYPE OF PLAN: GRATUITY

I. çèkku chekafdd ekU;rk 31 03 2018 31 03 2017 I. PRINCIPAL ACTUARIAL ASSUMPTIONS 31 03 2018 31 03 2017
(Hkkfjr vkSlr ds :i esa O;Dr fd;k x;k) Expressed as weighted averages
cêk nj 7.97% 7.37% Discount Rate 7.97% 7.37%
osru esa o`f¼ dh nj 6.00% 6.00% Salary escalation rate 6.00% 6.00%
âkl nj 1.00% 1.00% Attrition rate 1.00% 1.00%
;kstuk laifÙk ij okilh dh visf{kr nj 8.61% 8.61% Expected rate of return on Plan Assets 8.61% 8.61%
II. nkf;Roksa ds orZeku ewY; esa II. CHANGES IN THE PRESENT
ifjorZu & vksifuax vkSj Dyksftax VALUE OF THE OBLIGATION (PVO) -
'ks"kksa dk feyku RECONCILIATION OF OPENING AND
CLOSING BALANCES:
vofèk dh 'kq:vkr esa nkf;Roksa dk orZeku ewY; 2930.07 2615.94
PVO as at the beginning of the period 2930.07 2615.94
C;kt ykxr 203.08 198.79
Interest Cost 203.08 198.79
pkyw lsok ykxr 236.22 209.55
Current service cost 236.22 209.55
iwoZ lsok ykxr 253.45 0 Past service cost 253.45 0
lanÙk ykHk -349.09 -365.60 %HQH¿WVSDLG -349.09 -365.60
nkf;Ro ij okLrfod gkfu @ (ykHk) 29.19 271.39 Actuarial loss/(gain) on obligation (balancing 29.19 271.39
(larqyu vkadM+k) ¿JXUH
vofèk ds var esa ihohvks 3302.92 2930.07 PVO as at the end of the period 3302.92 2930.07
III. ;kstuk vkfLr;ksa ds mfpr ewY; III. CHANGES IN THE FAIR VALUE OF
esa ifjorZu&vksifuax vkSj Dyksftax PLAN ASSETS - RECONCILIATION OF
'ks"kksa dk feyku OPENING AND CLOSING BALANCES:
vofèk dh 'kq:vkr esa ;kstuk vkfLr;ksa dk 3155.83 2666.75 Fair value of plan assets as at the beginning 3155.83 2666.75
mfpr ewY; of the period
;kstuk vkfLr;ksa ij laHkkfor çfriQy 256.69 227.48 Expected return on plan assets 256.69 227.48
va'knku 0 316.21 Contributions 0 316.21
-349.09 -365.60 %HQH¿WVSDLG -349.09 -365.60
lanÙk ykHk

94

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 nkf;Ro ij okLrfod gkfu @ (ykHk) -50.47 310.99 Actuarial gain/(loss) on plan assets -50.47 310.99
(larqyu vkadM+k) >EDODQFLQJ¿JXUH@
vofèk ds var esa ;kstuk vkfLr;ksa dk mfpr ewY; 3012.96 3155.83 Fair value of plan assets as at the end of the 3012.96 3155.83
period
IV- ;kstuk vkfLr;ksa ij okLrfod çfriQy
IV. ACTUAL RETURN ON PLAN ASSETS
;kstuk vkfLr;ksa ij laHkkfor çfriQy 256.69 227.48
Expected return on plan assets 256.69 227.48
;kstuk vkfLr;ksa ij chekafdd ykHk (gkfu) -50.47 310.99
Actuarial gain (loss) on plan assets -50.47 310.99
laosnu'khy çfrHkwfr;ksa ij C;kt nj vkSj ,iQMhvkj ij 206.22 538.47
Actual return on plan assets including 206.22 538.47
vftZr C;kt lfgr vokLrfod iwathxr ykHk @ iwath unrealised capital gains /(losses) on the
(gkfu) lfgr ;kstuk vkfLr;ksa ij okLrfod çfriQy interest rate sensitive securities held in the
v. ekU; chekafdd ykHk @gkfu fund and interest accrued on FDRs
vofèk ds fy, chekafdd ykHk@(gkfu) & nkf;Ro -29.19 -271.39 V. ACTUARIAL GAIN / LOSS RECOGNI ED
vofèk ds fy, chekafdd ykHk@(gkfu) & ;kstuk -50.47 310.99 Actuarial gain / (loss) for the period - -29.19 -271.39
vkfLr;ka Obligation
vofèk ds fy, dqy chekafdd ykHk@(gkfu) 79.66 -39.60 Actuarial gain / (loss) for the period- Plan -50.47 310.99
Assets
vofèk esa ekU; chekafdd ykHk@(gkfu) 79.66 -39.60
Total (gain) / loss for the period 79.66 -39.60
o"kZ ds var esa vekU; chekafdd 0 0
Actuarial (gain) / loss recogni ed in the period 79.66 -39.60
(gkfu)@ykHk
Unrecogni ed actuarial (gain) / loss at the end 0 0
VI. rqyui=k esa ekU; jkf'k vkSj
of the year
lEcafèkr fo'ys"k.k %
VI. AMOUNTS RECOGNISED IN THE
BALANCE SHEET AND RELATED
nkf;Roksa dk orZeku ewY; 3302.92 2930.07 ANALYSES
;kstuk vkfLr;ksa dk mfpr ewY; 3012.96 3155.83 Present value of the obligation 3302.92 2930.07
vUrj 289.96 -225.76 Fair value of plan assets 3012.96 3155.83
vekU; Vªkft'uy ns;rk;sa 0 0 Difference 289.96 -225.76
vekU; xr lsok ykxr&fufgr ykHk&vkxs ys tk;k x;k 0 0 Unrecognised transitional liabilty 0 0
rqyui=k esa ekU;'k ns;rk,a 289.96 0 Unrecognised past service cost 0 0
iSjk 55 ds vUrxZr ukdkjkRed 0 -225.76 Liability Recognised in the Balance Sheet 289.96 0
fuèkkZfjr jkf'k Negative Amount determined under 0 -225.76
Hkkoh va'knkuksa esa dVkSrh vkSj miyCèk Hkkoh dVkSrh dk 0 225.76 paragraph 55
orZeku ewY; Present value of available refunds and 0 225.76
iSjk 59 ds vUrxZr ifj.kkeh vkfLr 0 225.76 reductions in future contributions
Resulting asset as per paragraph 59(b) 0 225.76
VII. ykHk o gkfu [kkrs esa
ekU; O;; VII. EXPENSES RECOGNISED IN THE
STATEMENT OF PROFIT AND LOSS:
pkyw lsok ykxr 236.22 209.55
Current service cost 236.22 209.55
C;kt ykxr 203.08 198.79
Interest Cost 203.08 198.79
;kstuk vkfLr;ksa ij laHkkfor çfriQy -256.69 -227.48
Expected return on plan assets -256.69 -227.48
o"kZ ds nkSjku ekU; 'kq¼ chekafdr(ykHk) @ 79.66 -39.60
Net actuarial (gain)/loss recognised in the 79.66 -39.60
vFkok gkfu year
o"kZ ds nkSjku ekU; Vªkaft'kuy ns;rk,a 0 0 Transitional Liability recognised in the year 0 0
xr lsok ykxr& ekU; 253.45 0 Past service cost-recognised 253.45 0
iSjk 59 esa lhek dk çHkko 0 0 Effect of the limit under paragraph 59(b) 0 0
çkWfiQV ,aM yksl LVsVesaV esa ekU; O;; 515.73 141.26 Expenses recogni ed in the statement of 515.73 141.26
VIII. rqyui=k esa ekU; gksus okyh 'kq¼ ns;rk esa SUR¿WDQGORVV
mrkj&p<+ko VIII. MOVEMENTS IN THE LIABILITY
çkjfEHkd 'kq¼ ns;rk -225.76 -50.81 RECOGNI ED IN THE BALANCE SHEET
mi;ZqDr ds vuqlkj O;; 515.73 141.26 Opening net liability -225.76 -50.81
0 -316.21 Expense as above 515.73 141.26
lanÙk va'knku
Contribution paid 0 -316.21
vafre 'kq¼ ns;rk 289.96 -225.76
Closing net liability 289.96 -225.76
IX. orZeku vofèk ds fy, jkf'k
IX. AMOUNT FOR THE CURRENT PERIOD
nkf;Roksa dk orZeku ewY; 3302.92 2930.07
Present Value of obligation 3302.92 2930.07
;kstuk vkfLr;k¡ 3012.96 3155.83
Plan Assets 3012.96 3155.83
vfèk'ks"k (?kkVk) -289.96 225.76
6XUSOXV'H¿FLW -289.96 225.76
;kstuk ns;rkvksa esa vuqHkkfod lek;kstu & -145.02 -92.29 Experience adjustments on plan liabilities -145.02 -92.29
(gkfu)@ykHk -(loss)/gain
;kstuk vkfLr;ksa esa vuqHkkfod lek;kstu & -50.47 310.99 Experience adjustments on plan assets -50.47 310.99
(gkfu)@ykHk -(loss)/gain

95

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 X. ;kstuk vkfLr;ksa dh çeq[k Jsf.k;k¡ X. MAJOR CATEGORIES OF PLAN
(dqy ;kstuk vkfLr;ksa dk çfr'kr) ASSETS (BOOK VALUE PROPORTIONS)
Hkkjr ljdkj dh çfrHkwfr;k¡ 14.05% 13.54% Government of India Securities 14.05% 13.54%
jkT; ljdkj dh çfrHkwfr;k¡ 32.50% 32.13% State Government Securities 32.50% 32.13%
mPp fdLe ds dkWiksZjsV ckW.M 8.25% 14.05% High Quality Corporate Bonds 8.25% 14.05%
lwphc¼ dEifu;ksa ds bfDoVh 'ks;j 0.00% 0.00% Equity shares of listed companies 0.00% 0.00%
laifÙk 0.00% 0.00% Property 0.00% 0.00%
fo'ks"k tek ;kstuk,a 0.00% 0.00% Special Deposit Scheme 0.00% 0.00%
fuxZedrkZ }kjk pykbZ xbZ fufèk;k¡ 30.05% 14.86% Funds managed by Insurer 30.05% 14.86%
vU; cSad tekjkf'k;ka vkSj tek çek.ki=k (lhMh) 15.15% 25.42% Others including bank deposits and CDs 15.15% 25.42%
tksM+ 100.00% 100.00% Total 100.00% 100.00%
XI. vkxkeh o"kZ ds nkSjku ,aVjçkbZt ds va'knku 300.00 200.00 XI. ENTERPRISE’S BEST ESTIMATE OF 300.00 200.00
dk Js"Bre vuqeku CONTRIBUTION DURING NEXT YEAR

;kstuk dk çdkj% fo'ks"kkfèkdkj NqfV~V;ksa dk udnhdj.k TYPE OF PLAN: PRIVILEGE LEAVE ENCASHMENT

I. çèkku chekafdd ekU;rk 31 03 2018 31 03 2017 I. PRINCIPAL ACTUARIAL ASSUMPTIONS 31 03 2018 31 03 2017
(Hkkfjr vkSlr ds :i esa O;Dr fd;k x;k) Expressed as weighted averages
cV~Vk nj 7.97% 7.37% Discount Rate 7.97% 7.37%
6.00% 6.00% Salary escalation rate 6.00% 6.00%
osru esa o`f¼ dh nj
Attrition rate 1.00% 1.00%
âkl nj 1.00% 1.00%
Expected rate of return on Plan Assets 0.00% 0.00%
;kstuk laifÙk ij okilh dh visf{kr nj 0.00% 0.00%
II. CHANGES IN THE PRESENT
II. nkf;Roksa ds orZeku ewY; VALUE OF THE OBLIGATION (PVO) -
esa ifjorZu & vksifuax vkSj RECONCILIATION OF OPENING AND
Dyksftax 'ks"kksa dk feyku CLOSING BALANCES:
vofèk dh 'kq:vkr esa ihohvks 1477.52 1401.53 PVO as at the beginning of the period 1477.52 1401.53
C;kt ykxr 98.52 103.15 Interest Cost 98.52 103.15
pkyw lsok ykxr 59.90 46.89 Current service cost 59.90 46.89
iwoZ lsok ykxr & (xSj fufgr ykHk) 0 0 3DVWVHUYLFHFRVWQRQYHVWHGEHQH¿WV 0 0
0 0 3DVWVHUYLFHFRVWYHVWHGEHQH¿WV 0 0
iwoZ lsok ykxr & (fufgr ykHk)
%HQH¿WVSDLG -281.61 -278.00
lanÙk ykHk -281.61 -278.00
Actuarial loss/(gain) on obligation (balancing 533.06 203.95
nkf;Ro ij okLrfod gkfu @ (ykHk) (larqyu vkadM+k) 533.06 203.95 ¿JXUH
vofèk ds var esa ihohvks 1887.38 1477.52 PVO as at the end of the period 1887.38 1477.52
III. ;kstuk vkfLr;ksa ds mfpr ewY; esa III. CHANGES IN THE FAIR VALUE OF
ifjorZu&vksifuax vkSj Dyksftax 'ks"kksa dk feyku PLAN ASSETS - RECONCILIATION OF
vofèk dh 'kq:vkr esa ;kstuk vkfLr;ksa dk 0 0 OPENING AND CLOSING BALANCES:
mfpr ewY; Fair value of plan assets as at the beginning 0 0
;kstuk vkfLr;ksa ij laHkkfor çfriQy 0 0 of the period
Expected return on plan assets 0 0
va'knku 281.61 278.00
Contributions 281.61 278.00
lanÙk ykHk -281.61 -278.00
%HQH¿WVSDLG -281.61 -278.00
nkf;Ro ij okLrfod gkfu @ (ykHk) 0 0
Actuarial gain/(loss) on plan assets balancing 0 0
(larqyu vkadM+k) ¿JXUH@
vofèk ds var esa ;kstuk vkfLr;ksa dk 0 0
Fair value of plan assets as at the end of the 0 0
mfpr ewY; period
IV- ;kstuk vkfLr;ksa ij okLrfod çfriQy IV. ACTUAL RETURN ON PLAN ASSETS
;kstuk vkfLr;ksa ij laHkkfor çfriQy 0 0 Expected return on plan assets 0 0
;kstuk vkfLr;ksa ij chekafdd ykHk (gkfu) 0 0 Actuarial gain (loss) on plan assets 0 0
;kstuk vkfLr;ksa ij okLrfod çfriQy 0 0 Actual return on plan assets 0 0
v. ekU; chekafdd ykHk @gkfu V. ACTUARIAL GAIN / LOSS RECOGNI ED
-533.06 -203.95 Actuarial gain / (loss) for the period - -533.06 -203.95
vofèk ds fy, chekafdd ykHk@(gkfu) & nkf;Ro
Obligation
vofèk ds fy, chekafdd ykHk@(gkfu) & ;kstuk 0 0
Actuarial gain / (loss) for the period- Plan 0 0
vkfLr;ka Assets
vofèk ds fy, dqy chekafdd ykHk@(gkfu) 533.06 203.95 Total (gain) / loss for the period 533.06 203.95
vofèk esa ekU; chekafdd ykHk@(gkfu) 533.06 203.95 Actuarial (gain) / loss recogni ed in the period 533.06 203.95
o"kZ ds var esa vekU; chekafdd 0 0 Unrecogni ed actuarial (gain) / loss at the end 0 0
(gkfu)@ykHk of the year

96

4 PNB Full AR 2017-18 78-124 130718.indd 96 13-Jul-18 5:38:17 PM

 VI. rqyui=k esa ekU; jkf'k vkSj VI. AMOUNTS RECOGNISED IN THE
lEcafèkr fo'ys"k.k % BALANCE SHEET AND RELATED
ANALYSES
nkf;Roksa dk orZeku ewY; 1887.38 1477.52 Present value of the obligation 1887.38 1477.52
;kstuk vkfLr;ksa dk mfpr ewY; 0 0 Fair value of plan assets 0 0
vUrj 1887.38 1477.52 Difference 1887.38 1477.52
vekU; Vªkaft'uy ns;rk;sa 0 0 Unrecognised transitional liabilty 0 0

vekU; xr lsok ykxr & xSj 0 0 Unrecognised past service cost - non vested 0 0
fufgr ykHk EHQH¿WV

rqyui=k esa ekU; ns;rk,a 1887.38 1477.52 Liability recogni ed in the balance sheet 1887.38 1477.52

VII.ykHk o gkfu [kkrs esa VII. EXPENSES RECOGNISED IN THE

ekU; O;; STATEMENT OF PROFIT AND LOSS:

pkyw lsok ykxr 59.90 46.89 Current service cost 59.90 46.89

C;kt ykxr 98.52 103.15 Interest Cost 98.52 103.15

;kstuk vkfLr;ksa ij laHkkfor çfriQy 0 0 Expected return on plan assets 0 0

o"kZ ds nkSjku ekU;a 'kq¼ chekafdr (ykHk) @ 533.06 203.95 Net actuarial (gain)/loss recognised in the 533.06 203.95
vFkok gkfu year

o"kZ ds nkSjku ekU;a Vªkaft'kuy ns;rk,a 0 0 Transitional Liability recognised in the year 0 0

xr lsok ykxr& xSj fufgr ykHk 0 0 3DVWVHUYLFHFRVWQRQYHVWHGEHQH¿WV 0 0

xr lsok ykxr& fufgr ykHk 0 0 3DVWVHUYLFHFRVWYHVWHGEHQH¿WV 0 0

çkWfiQV ,aM yksl LVsVesaV esa ekU; O;; 691.47 353.99 Expenses recogni ed in the statement of 691.47 353.99
SUR¿WDQGORVV
VIII. rqyui=k esa ekU; gksus okyh 'kq¼ ns;rk esa
VIII. MOVEMENTS IN THE LIABILITY
mrkj&p<+ko
RECOGNI ED IN THE BALANCE SHEET
çkjfEHkd 'kq¼ ns;rk 1477.52 1401.53
Opening net liability 1477.52 1401.53
mi;ZqDr ds vuqlkj O;; 691.47 353.99
Expense as above 691.47 353.99
lanÙk va'knku -281.61 -278.00
Contribution paid -281.61 -278.00
vafre 'kq¼ ns;rk 1887.38 1477.52
Closing net liability 1887.38 1477.52
IX. orZeku vofèk ds fy, jkf'k IX. AMOUNT FOR THE CURRENT PERIOD
nkf;Roksa dk orZeku ewY; 1887.38 1477.52
Present Value of obligation 1887.38 1477.52
;kstuk vkfLr;k¡ 0 0
Plan Assets 0 0
vfèk'ks"k@(?kkVk) -1887.38 -1477.52 6XUSOXV'H¿FLW -1887.38 -1477.52
;kstuk ns;rkvksa esa vuqHkkfod lek;kstu & -616.21 -105.98 Experience adjustments on plan liabilities -616.21 -105.98
(gkfu)@ykHk -(loss)/gain
;kstuk vkfLr;ksa esa vuqHkkfod lek;kstu & 0 0 Experience adjustments on plan assets 0 0
(gkfu)@ykHk -(loss)/gain
X. ;kstuk vkfLr;ksa dh çeq[k Jsf.k;k¡ X. MAJOR CATEGORIES OF PLAN
(dqy ;kstuk vkfLr;ksa dk çfr'kr) ASSETS (AS PERCENTAGE OF TOTAL
PLAN ASSETS)
Hkkjr ljdkj dh çfrHkwfr;k¡ 0.00% 0.00% Government of India Securities 0.00% 0.00%
jkT; ljdkj dh çfrHkwfr;k¡ 0.00% 0.00% State Government Securities 0.00% 0.00%
mPp fdLe ds dkWiksZjsV ckW.M 0.00% 0.00% High Quality Corporate Bonds 0.00% 0.00%
lwphc¼ dEifu;ksa ds bfDoVh 'ks;j 0.00% 0.00% Equity shares of listed companies 0.00% 0.00%
laifÙk 0.00% 0.00% Property 0.00% 0.00%
fo'ks"k tek ;kstuk,a 0.00% 0.00% Special Deposit Scheme 0.00% 0.00%
fuxZedrkZ }kjk pykbZ xbZ fufèk;k¡ 0.00% 0.00% Funds managed by Insurer 0.00% 0.00%
vU; 0.00% 0.00% Others (to specify) 0.00% 0.00%
tksM+ 0.00% 0.00% Total 0.00% 0.00%
XI.vkxkeh o"kZ ds nkSjku ,aVjçkbZt ds va'knku 0 0 XI. ENTERPRISE’S BEST ESTIMATE OF 0 0
dk Js"Bre vuqeku CONTRIBUTION DURING NEXT YEAR

97

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 rkfydk XII - vU; nh?kkZofèk deZpkjh ykHk (xSj fufèkd) TABLE XII OTHER LONG TERM EMPLOYEE BENEFITS
(UNFUNDED)
(jkf'k ` djksM+ esa) Amounts are in crore of Rupees

fooj.k vkdfLed NqV~Vh ,y,iQlh flyoj tqcyh ykHk Description Sick leave & Leave fare concession 6LOYHU-XELOHH%HQH¿WV
Un-availed casual
lfgr chekjh dh leave
NqV~Vh
31.03.2018 31.03.2017 31.03.2018 31.03.2017 31.03.2018 31.03.2017
31.03.2018 31.03.2017 31.03.2018 31.03.2017 31.03.2018 31.03.2017

63.39 64.65 201.41 138.55 13.52 12.83 Present value of 63.39 64.65 201.41 138.55 13.52 12.83
nkf;Ro dk orZeku obligation
ewY;
Opening balance of 0 0 0 0 0 0
laØe.k'khy ns;rk 0 0 0 0 0 0 transitional liability
dk çkjfEHkd 'ks"k
Transitional liability 0 0 0 0 0 0
o"kZ ds nkSjku ekU; 0 0 0 0 0 0 recogni ed during
the year
laØe.k'khy ns;rk
laØe.k'khy ns;rk 0 0 0 0 0 0 Closing balance 0 0 0 0 0 0
of the transitional
dk bfr'ks"k liability

rqyui=k esa ekU; 63.39 64.65 201.41 138.55 13.52 12.83

Liability recogni ed 63.39 64.65 201.41 138.55 13.52 12.83
ns;rk in the balance sheet

cSad dh cksMZ }kjk vuqeksfnr ,,l 15 ikWfylh ds vkèkkj ij] 31-03-2018 ds
fy, chekafdd ewY;kadu fjiksVZ esa O;kid èkkj.kk,a viukbZ xbZ gSaA
d cV~Vk nj la'kksfèkr ys[kk ekud la[;k 15 ds iSjk 78 ds vuqlkj nkf;Roksa
dh vuqekfur 'krksaZ ds vuq#i ljdkjh caèk i=kksa (,iQchvkbZ,y
}kjk çdkf'kr) ij 28-03-2018 (29-03-2018] 30-03-2018
vkSj 31-03-2018 Vªstjh ifjpkyu ds fy, vodk'k) dks cktkj
çkfIr;ksa ds vuqlkj cV~Vk nj fuèkkZfjr dh x;h gS A
[k osruo`f¼ nj vkbZch, }kjk çnku fd, x, O;kid ekxZn'kZu ds vkèkkj ij] cSad
(,lbZvkj) ds fy, ,lbZvkj 6% fuèkkZfjr fd;k x;k gS (yxHkx 6% dh
dqy osru o`f¼ ds lkFk 2-8% dh ewy osru o`f¼ vkSj yxHkx
6-5% dh Mh, o`f¼A)
x âkl nj fiNys vuqHko vkSj LoSfPNd vkgj.k ls lacafèkr Hkfo"; ds
vuqHko ds lanHkZ esa âkl nj 1% fuèkkZfjr dh xbZ gSA
?k vLoLFkrk MsVk ço`fÙk ds vkèkkj ij] ;g ekuk x;k gS fd vkxs ys tkbZ
vodk'k@;wlh,y x;h vLoLFkrk NqV~Vh vkSj ;wlh,y dk 95% cSad ls vyx gksrs
le; lekIr gks tk,xhA
;kstuk vkfLr;ksa ;g laHkkfor gS fd isa'ku vkSj minku fufèk ls lacafèkr ;kstuk
ij çfriQy dh laifÙk;ksa ij okilh okLrfod fjVuZ vkSj iQaM esa C;kt nj
laHkkfor nj laosnu'khy çfrHkwfr;ksa ij okLrfod okilh vkSj vokLrfod
ykHk ds vkèkkj ij 8-61% çfr o"kZ gksxhA
Following broad assumptions have been taken in the Actuarial
Valuation reports for 31.03.2018, based on the Board approved AS
15 policy of the bank
a. Discount Discount Rate has been determined by reference to
Rate market yields on 28.03.2018 (29.03.2018, 30.03.2018
& 31.03.2018 being holiday for Treasury operations)
on Government bonds (published by FBIL) of term
consistent with estimated term of the obligations as
per para 78 of AS-15 R
b. Salary Based on the broad guidance provided by IBA, SER
Escalation for the bank has been taken at 6% (Basic Pay increase
Rate (SER) of 2.8% and DA increase of 6.5% approx with overall
salary escalation of 6 % approx.)
c. Attrition Attrition rate is assumed at 1% taken with reference
Rate to past experience and expected future experience
related to voluntary withdrawals.
d. Sick Leave Based on data trend, it has been assumed that 95%
/ UCL of the carried forward sick leave and unveiled casual
leave will lapse at the time of separation.
e. Expected It is assumed that return on the plan assets pertaining
ROR. to the pension and gratuity fund will be 8.61% pa on
basis of actual return and unreali ed gains on the
interest rate sensitive securities held in the fund.

16- 31 ekpZ] 2018 dks lekIr o"kZ gsrq [kaMokj lwpuk 16. Segment reporting for the period ended 31st March
2018
(jkf'k ` djksM+ esa) (` in Crore)
Hkkx d % dkjksckj [kaM PART A: BUSINESS SEGMENTS
Ø- fooj.k lekIr o"kZ lekIr o"kZ SI. Particulars YEAR ENDED YEAR ENDED
la- 31-03-2018 31-03-2017 No. 31.03.2018 31.03.2017
(vkWfMfVM) (vkWfMfVM) (Audited) (Audited)
i. [kaMokj jktLo i. Segment Revenue
d) Vªstjh 19101.90 16945.93 a) Treasury 19101.90 16945.93
[k) dkWiksZjsV@ gksylsy cSafdax 17196.42 23043.07 b) Corporate/Wholesale Banking 17196.42 23043.07
x) fjVsy cSafdax 19078.07 15116.75 c) Retail Banking 19078.07 15116.75
?k) vU; cSafdax ifjpkyu 1500.24 1121.61 d) Other Banking Operations 1500.24 1121.61
tksM+ 56876.63 56227.36 Total 56876.63 56227.36
ii. [kaMokj ifj.kke ii. Segment Results
d) Vªstjh 4474.83 4690.76 a) Treasury 4474.83 4690.76
[k) dkWiksZjsV@ gksylsy cSafdax -22337.09 -5197.04 b) Corporate/Wholesale Banking -22337.09 -5197.04

98

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 (jkf'k ` djksM+ esa) (` in Crore)
Hkkx d % dkjksckj [kaM PART A: BUSINESS SEGMENTS
Ø- fooj.k lekIr o"kZ lekIr o"kZ SI. Particulars YEAR ENDED YEAR ENDED
la- 31-03-2018 31-03-2017 No. 31.03.2018 31.03.2017
(vkWfMfVM) (vkWfMfVM) (Audited) (Audited)

x) fjVsy cSafdax 249.20 3577.33 c) Retail Banking 249.20 3577.33

?k) vU; cSafdax ifjpkyu 237.98 305.77 d) Other Banking Operations 237.98 305.77

tksM+ -17375.08 3376.82 Total -17375.08 3376.82

iii. xSj vkcafVr O;; 2200.00 1365.28 iii. Unallocated Expenses 2200.00 1365.28

iv. ifjpkyu ykHk 10294.20 14565.16 iv. 2SHUDWLQJ3UR¿W 10294.20 14565.16

v. dj gsrq çkoèkku -7292.26 686.74 v. Provision for Tax -7292.26 686.74

vi. vlkèkkj.k ensa 0.00 0.00 vi. Extraordinary Items 0.00 0.00

vii. 'kq¼ ykHk -12282.82 1324.80 vii. 1HW3UR¿W -12282.82 1324.80

vU; lwpuk Other Information:

viii. [kaMokj vkfLr;k¡ viii. Segment Assets

d) Vªstjh 232493.98 212728.94 a) Treasury 232493.98 212728.94

[k) dkWiksZjsV@ gksylsy cSafdax 336408.00 324316.92 b) Corporate/Wholesale Banking 336408.00 324316.92

x) fjVsy cSafdax 153683.72 152349.94 c) Retail Banking 153683.72 152349.94

?k) vU; cSafdax ifjpkyu 22529.20 19336.64 d) Other Banking Operations 22529.20 19336.64
mi tksM+ 745114.90 708732.44 Sub Total 745114.90 708732.44
M) xSj vkcafVr vkfLr;k¡ 20715.20 11598.11 e) Unallocated Assets 20715.20 11598.11
dqy vkfLr;k¡ 765830.10 720330.55 Total Assets 765830.10 720330.55
ix. [kaMokj ns;rk,a ix. Segment Liabilities
d) Vªstjh 226138.86 203571.64 a) Treasury 226138.86 203571.64
[k) dkWiksZjsV@ gksylsy cSafdax 327212.45 310356.11 b) Corporate/Wholesale Banking 327212.45 310356.11
x) fjVsy cSafdax 149482.85 145791.77 c) Retail Banking 149482.85 145791.77
?k) vU; cSafdax ifjpkyu 21913.38 18504.26 d) Other Banking Operations 21913.38 18504.26
mi tksM+ 724747.54 678223.78 Sub Total 724747.54 678223.78
M) xSj vkcafVr ns;rk,a 8.26 9.31 e) Unallocated Liabilities 8.26 9.31
dqy ns;rk,a 724755.80 678233.09 Total Liabilities 724755.80 678233.09

Hkkx [k % HkkSxksfyd [kaM Part B GEOGRAPHICAL SEGMENTS

Ø- fooj.k lekIr o"kZ lekIr o"kZ Sl. Particulars YEAR ENDED YEAR ENDED
la- 31-03-2018 31-03-2017 No 31.03.2018 31.03.2017
(vkWfMfVM) (vkWfMfVM) (Audited) (Audited)
1- jktLo 1. Revenue
d- ?kjsyw 54875.61 54644.87 a) Domestic 54875.61 54644.87
[k- varjkZ"Vªh; 2001.02 1582.49 b) International 2001.02 1582.49
dqy 56876.63 56227.36 Total 56876.63 56227.36
2- vkfLr;ka 2. Assets
d- ?kjsyw 687440.09 635037.55 a) Domestic 687440.09 635037.55
[k- varjkZ"Vªh; 78390.01 85293.00 b) International 78390.01 85293.00
dqy 765830.10 720330.55 Total 765830.10 720330.55
uksV Note:
1- [kaMokj ns;rkvksa dks mudh lEc¼ [kaMokj vkfLr;ksa ds vuqikr esa 1. Segment Liabilities are distributed in the ratio of their
vkcafVr fd;k x;k gS A respective Segment Assets.
2- fiNyh vofèk ds vkadM+ksa dh vko';drkuqlkj iqu% lewgu@iquoZxhZdj.k 2. Figures of the previous period have been re-grouped /re-
fd;k x;k gS rkfd mUgsa rqyuh; cuk;k tk lds A FODVVL¿HGZKHUHYHUQHFHVVDU\WRPDNHWKHPFRPSDUDEOH

99

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 17 Hkkjrh; lunh ys[kkdkj laLFkku }kjk tkjh la'kksfèkr ys[kk ekud 17. Disclosure of Related Parties as per AS 18 issued by
& 18 ds vuqlkj çdVhdj.k ICAI

lacafèkr ikfVZ;ksa ds uke rFkk cSad ds lkFk muds lacaèk Names of the related parties and their relationship with
the Bank:
eq[; çcaèku dkfeZd %
Key Management Personnel:
i) Jherh m"kk vuarlqczã.;u] çcaèk funs'kd ,oa dk;Zikyd
i) Mrs. Usha Ananthasubramanian, Managing Director
vfèkdkjh 05-05-2017 rd dk;Zjr & CEO, Remained upto 05.05.2017.
ii) Jh lquhy esgrk] çcaèk funs'kd ,oa dk;Zikyd vfèkdkjh 05- ii) Shri Sunil Mehta, Managing Director & CEO, w.e.f.
05-2017 ls çHkko esa 05.05.2017.
iii) Jh ds oh czãth jko] dk;Zikyd funs'kd iii) Shri K.V. Brahmaji Rao, Executive Director
iv) MkW- jke ,l laxkiwjs] dk;Zikyd funs'kd] 28-02-2018 rd iv) Dr. Ram S. Sangapure, Executive Director,
dk;Zjr Remained upto 28.02.2018.
v) Jh latho 'kj.k] dk;Zikyd funs'kd v) Shri Sanjiv Sharan, Executive Director.
vi) Jh ,y-oh-çHkkdj] dk;Zikyd funs'kd] fnukad 01-03-2018 ls vi) Shri L. V. Prabhakar, Executive Director, w.e.f.
dk;Zjr 01.03.2018.
vuq"kafx;ka % Subsidiaries:
i) ih,uch fxYV~l fyfeVsM i) PNB Gilts Ltd.
ii) iatkc uS'kuy cSad (baVjuS'kuy) fyfeVsM] ;w-ds- ii) Punjab National Bank (International) Ltd., UK.
iii) ih,uch bUosLVesaV lfoZlst fyfeVsM+ iii) PNB Investment Services Ltd.
iv) Mªd ih,uch cSad fyfeVsM HkwVku iv) Druk PNB Bank Ltd, Bhutan.
v) ih,uch ba';ksjsal czksfdax çk-fy-* v) PNB Insurance Broking Pvt Ltd*.
*daiuh dks can djus ds dne mBk;s tk jgs gSa] D;ksafd daiuh *Steps are being taken for winding up of the company
}kjk 14-02-2011 dks ykblsal ljsaMj dj fn;k x;k gSA as the license has already been surrendered on
14.02.2011.
lg;ksxh laLFkk,a
Associates:
i) fçafliy ih,uch vlsV eSustesaV dEiuh çk-fy-
i) Principal PNB Asset Management Company Pvt.
ii) fçafliy VªLVh dEiuh çk-fy- Ltd.
iii) ih,uch esVykbZiQ bafM;k ,a';ksjsal da- fy- ii) Principal Trustee Company Private Limited.
iv) ih,uch gkÅflax iQkbusal fyfeVsM iii) PNB Metlife India Insurance Company Ltd.
v) ts,llh (VsaxMh cSad) dtkfdLrku iv) PNB Housing Finance Ltd.
vi) eè; fcgkj xzkeh.k cSad] iVuk v) JSC (Tengri Bank) Almaty, Ka akhstan .
vii) loZ gfj;k.kk xzkeh.k cSad] jksgrd vi) Madhya Bihar Gramin Bank, Patna.
viii) fgekpy çns'k xzkeh.k cSad] e.Mh vii) Sarva Haryana Gramin Bank, Rohtak.
ix) iatkc xzkeh.k cSad] diwjFkyk viii) Himachal Pradesh Gramin Bank, Mandi.

x) loZ ;wih xzkeh.k cSad] esjB ix) Punjab Gramin Bank, Kapurthala.

la;qDr m|e x) Sarva UP Gramin Bank, Meerut.

i) ,ojsLV cSad fy-] dkBekaMw] usiky Joint Venture:

i) Everest Bank Limited, Kathmandu, Nepal.

100

4 PNB Full AR 2017-18 78-124 130718.indd 100 13-Jul-18 5:38:19 PM

 lacafèkr ikfVZ;ksa ds lkFk ysu nsu*
(` yk[k esa)
Ekwy** (LokfEkRo vuq"kafxÕkka ** dqy
ensa@laCkafèkRk IkkVhZ vFkok fuÕka=k.k ds
Ekq[Õk çCkaèku Ekq[Õk çCkaèku
lgÕkksxh@laÕkqDr m|Ek
dk£Ekd dk£Ekd ds fj'Rksnkj
vuqlkj)
2017&18

2017&18

2017&18

2017&18

2017&18

2017&18
vfèkdRkEk vfèkdRkEk vfèkdRkEk vfèkdRkEk vfèkdRkEk vfèkdRkEk
CkdkÕkk CkdkÕkk CkdkÕkk CkdkÕkk CkdkÕkk CkdkÕkk jkf'k
jkf'k jkf'k jkf'k jkf'k jkf'k
IkkfjJfEkd Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – 149.15 Ykkxw ugha Ykkxw ugha Ykkxw ugha 149.15 Ykkxw ugha
Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – (115.42) Ykkxw ugha Ykkxw ugha Ykkxw ugha (115.42) Ykkxw ugha
mèkkj Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
tEkkjkf'kÕkk¡ Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha 186536.12 – 54.13 81.50 0.05 0.73 186590.30 82.23
Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha (117304.25) – (43.11) (154.23) (0.42) (0.42) (117347.78) (154.65)
tEkkjkf'kÕkksa Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
dk fuÕkkstu Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
vfxzEk Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – (116.41) (117.21) – – (116.41) (117.21)
'ksÕkj Ikw¡th Eksa fuos'k Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha 93407.02 – – – – – 93407.02 –

Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha (99613.74) – – – – – (99613.74) –
½.k i=kksa Eksa fuos'k Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
xSj fufèkd çfRkCk¼Rkk,a Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
yh xÕkh yh¯tx@ -- -- -- -- – – – – – – – –
,pIkh OÕkoLFkk
nh xÕkh yh¯tx@,pIkh -- -- -- -- – – – – – – – –
OÕkoLFkk

vpy vkfLRkÕkksa dh -- -- -- -- – – – – – – – –
[kjhn
vpy vkfLRkÕkksa dh -- -- -- -- – – – – – – – –
fCkØh
yh xÕkh yh¯tx@ -- -- -- -- – – – – – – – –
,pIkh OÕkoLFkk
lanÙk CÕkkt Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha 4730.37 – – – – – 4730.37 –
Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha (19471.63) – – – – – (19471.63) –
çkIRk CÕkkt Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
lsok,a çkIRk djuk Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
lsok,a çnku djuk Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
çCkUèku lafonk,a Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
çkIRk ykHkka'k Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
Ykkxw ugha Ykkxw ugha Ykkxw ugha Ykkxw ugha – – – – – – – –
CkSad çHkkj – – – – – – – –
çkIRk dEkh'ku – – – – – – – –
(dks"Bdksa esa fn, x, vkadM+s fiNys o"kZ ds gSa)
** vuq"kafx;ksa
vkSj dqN lg;ksxh laLFkkvksa ds lkFk gq, ysunsu dk çdVhdj.k ys[kk ekud & 18 ¶lEcfUèkr ikVhZ çdVhdj.k¸ ds iSjk 9 ds eísutj ugha fd;k x;k gS tks jkT; }kjk fu;af=kr m|eksa
dks mudh ,slh vU; lEcfUèkr ikfVZ;ksa ls ysunsu esa ls fdlh ls lEcfUèkr lwpuk nsus ls NwV nsrk gS tks jkT; }kjk fu;af=kr gksa A

101

4 PNB Full AR 2017-18 78-124 130718.indd 101 13-Jul-18 5:38:20 PM

 Transactions with Related Parties

(` in Lacs)
Items/ Related Parent** (as per Subsidiaries** Associates/ Joint Key Management Relatives of Key Total
Party ownership or ventures Personnel Management
control) Personnel
Maximum Maximum Maximum Maximum Maximum Maximum
2017-18

2017-18

2017-18

2017-18

2017-18

2017-18
amount amount amount amount amount amount
outstanding outstanding outstanding outstanding outstanding outstanding

Remuneration N.A N.A N.A N.A – – 149.15 NA NA NA 149.15 NA

N.A N.A N.A N.A – – (115.42) NA NA NA (115.42) NA
Borrowings N.A N.A N.A N.A – – – – – – – –
Deposits N.A N.A N.A N.A 186536.12 – 54.13 81.50 0.05 0.73 186590.30 82.23
N.A N.A N.A N.A (117304.25) – (43.11) (154.23) (0.42) (0.42) (117347.78) (154.65)
Placement of N.A N.A N.A N.A – – – – – – – –
Deposits
N.A N.A N.A N.A – – – – – – – –
Advances N.A N.A N.A N.A – – 0 0 0 0 0 0
N.A N.A N.A N.A 0 – (116.41) (117.21) 0 0 (116.41) (117.21)
Investments in share N.A N.A N.A N.A 93407.02 – – – – – 93407.02 –
capital
N.A N.A N.A N.A (99613.74) – – – – – (99613.74) –
Investments in N.A N.A N.A N.A – – – – – – – –
debentures
N.A N.A N.A N.A – – – – – – – –
Non funded N.A N.A N.A N.A – – – – – – – –
Commitments
Leasing/ HP – – – – – – – – – – – –
arrangements
availed
Leasing/ HP – – – – – – – – – – – –
arrangements
provided
3XUFKDVHRI¿[HG – – – – – – – – – – – –
assets
Sale of Fixed Assets – – – – – – – – – – – –
Leasing/ HP – – – – – – – – – – – –
arrangements
availed
Interest paid N.A N.A N.A N.A 4730.37 – – – – – 4730.37 –
N.A N.A N.A N.A (19471.63) – – – – – (19471.63) –
Interest received N.A N.A N.A N.A – – – – – – – –
N.A N.A N.A N.A – – – – – – – –
Receiving of N.A N.A N.A N.A – – – – – – – –
Services
N.A N.A N.A N.A – – – – – – – –
Rendering of N.A N.A N.A N.A – – – – – – – –
Services
N.A N.A N.A N.A – – – – – – – –
Management N.A N.A N.A N.A – – – – – – – –
contracts
N.A N.A N.A N.A – – – – – – – –
Dividend received N.A N.A N.A N.A – – – – – – – –
N.A N.A N.A N.A – – – – – – – –
Bank Charges – – – – – – – –
Commission – – – – – – – –
Received
(Figures in brackets relate to previous year)
**The transactions with the subsidiaries and certain associates have not been disclosed in view of para-9 of AS-18 ‘Related Party Disclosure’, which exempts state controlled
enterprises from making any disclosures pertaining to their transactions with other related parties, which are also state controlled.

102

4 PNB Full AR 2017-18 78-124 130718.indd 102 13-Jul-18 5:38:21 PM

 18- ys[kk ekud 20 & çfr 'ks;j vtZu (bZih,l) 18. AS 20 - Earnings Per Share

Ø- fooj.k 31.03.2018 31.03.2017 Sl. Particulars 31.03.2018 31.03.2017

la- No.
d) bZih,l&ewy @ ruqÑr*(#i;s esa) (xSj - 55.39 6.45 A EPS - Basic / Diluted (in `) (Non - 55.39 6.45
okf"kZdÑr) Annuali ed)
[k) dj ds i'pkr x.kd ds :i esa mi;ksx dh - 122828202 13248018 B $PRXQWXVHGDVQXPHUDWRU3UR¿W - 122828202 13248018
xbZ jkf'k ij ykHk@gkfu (` gtkj esa) (Loss) after tax (` in ’000)
x) 'ks;jksa dk vafdr ewY; ` 2-00 çfr ` 2-00 çfr C Nominal value of share ` 2.00 each ` 2.00 each
?k) ewY;oxZ ds :i esa mi;ksx fd, x, 2217358150 2053213333.38 D Weighted average number of equity 2217358150 2053213333.38
bfDoVh 'ks;jksa dh Hkkfjr vkSlr la[;k shares used as the denominator

19- ys[kk ekud 22& vk; ij djksa ds lacaèk esa ys[kkadu 19. AS 22- Accounting for taxes on Income
cSad us ys[kk uhfr la[;k 10 ds vuqlkj vkLFkfxr dj vkfLr;ksa rFkk The Bank has recogni ed deferred tax assets and liability
ns;rkvksa dh igpku dh gS ftlds çeq[k ?kVd fuEufyf[kr gSa % as per accounting policy no. 10. Major components of
which are set out below:
(jkf'k djksM+ ` esa) (` in Crores)
fooj.k 31 03- 2018 31 03- 2017 Particulars As on As on
dh fLFkfr dh fLFkfr 31.03.2018 31.03.2017
vkLFkfxr dj vkfLr;k¡ Deferred Tax Assets
NqV~Vh udnhdj.k ds fy, çkoèkku 721.27 557.86 Provision for Leave encashment 721.27 557.86
isa'ku o minku ds fy, çkoèkku 350.50 0.00 Provision for Pension & Gratuity 350.50 0.00
èkkjk 43ch ds varxZr lkafofèkd ns;rk 0.00 0.00 Statutory Liability u/s 43B 0.00 0.00
v'kksè; vkSj lafnXèk ½.k ds fy, çkoèkku 11788.71 6035.66 Provision for bad & doubtful debts 11788.71 6035.66
dj ;ksX; uqdlku (vkxs ys tk;k x;k) 1364.31 0.00 Taxable loss (carried forward) 1364.31 0.00
tksM+ 14224.79 6593.52 Total 14224.79 6593.52
vkLFkfxr dj ns;rk,a Deferred Tax Liabilities
vpy vkfLr;ksa ij ewY;âkl -6.85 -7.24 'HSUHFLDWLRQRQ¿[HGDVVHWV -6.85 -7.24
vk;dj vfèkfu;e] 1961 dh èkkjk 36(1) (viii) ds 499.73 499.73 Deduction u/s 36(1)(viii) of Income Tax Act 499.73 499.73
varxZr dVkSrh 1961
xSj mèkkj èkks[kkèkM+h (ih@,y esa MsfcV ugha fd;k x;k 517.16 Non Borrowal Fraud (not debited in P/L but 517.16 -
ysfdu vkbZVhvkj esa nkok fd;k x;k) claimed in ITR)
tksM+ 1010.04 492.49 Total 1010.04 492.49
vkLFkfxr dj vkfLr;k¡ ('kq¼) 13214.75 6101.03 Deferred Tax Assets (Net) 13214.75 6101.03

o"kZ 2017&18 ds fy, #i;s ` 7113-72 djksM+ (` 1483-56 djksM+) dh The deferred tax assets ` 7113.72 crore for FY 2017-18
vkLFkfxr dj vkfLr;k¡ ykHk o gkfu [kkrs esa tek dh xbZ gSaA
20- ys[kk ekud 23& lesfdr foÙkh; fooj.kksa esa ,lksfl,Vksa esa
fuos'kksa ds fy, ys[kkadu
pw¡fd cSad dh viuh lg;ksxh laLFkkvksa esa Hkkxhnkjh çÑfr dk fuos'k
gS vkSj cSad dks mudh xfrfofèk;ksa ij egRoiw.kZ çHkko Mkyus dk
vfèkdkj gS] vr% cSad dh lesfdr foÙkh; foojf.k;ksa esa ,sls fuos'kksa
dks ekU;rk nh xbZ gSA
21- ys[kk ekud 24& ifjpkyu vo#¼ gksuk
fnukad 01-04-2017 ls 31-03-2018 dh vofèk ds nkSjku cSad us
viuh fdlh Hkh 'kk[kk dk ifjpkyu vo#¼ ugha fd;k gS ftlds
ifj.kkeLo:i ns;rkvksa dh 'kSfMax vkSj vkfLr;ksa dk Hkqxrku rFkk
,slk dksbZ fu.kZ; ugha fy;k x;k ftlls ifjpkyu esa dksbZ Hkh çHkko
iM+k gksA
22- ys[kk ekud 28& vkfLr;ksa dh vilkekU;rk
cSad dh vkfLr;ksa esa i;kZIr fgLlk foÙkh; vkfLr;ksa dk gS ftuij ys[kk
ekud 28 vkfLr;ksa dh vilkekU;rk ykxw ugha gSA cSad dh jk; esa
bu vfLr;ksa (ftu ij ekud ykxw gksrk gS) dh mDr ekud dh 'krZ
4 PNB Full AR 2017-18 78-124 130718.indd 103
(` FURUHLVFUHGLWHGWR3UR¿WDQG/RVV$FFRXQW
20. AS 23- Accounting for Investments in Associates in
&RQVROLGDWHG¿QDQFLDO6WDWHPHQWV
Since Investments of the bank in its Associates are
participative in nature and the Bank having the power
WR H[HUFLVH VLJQL¿FDQW LQÀXHQFH RQ WKHLU DFWLYLWLHV VXFK
Investments are recogni ed in the Consolidated Financial
Statements of the Bank.
21. AS 24 - Discontinuing Operations
During the period from 01.04.2017 to 31.03.2018,
the bank has not discontinued operations of any of its
branches, which resulted in shedding of liability and
reali ation of the assets and no decision has been
¿QDOL]HGWRGLVFRQWLQXHDQRSHUDWLRQLQLWVHQWLUHW\ZKLFK
will have the above effect.
22. AS 28 Impairment of Assets
A substantial portion of the bank’s assets comprises
µ¿QDQFLDO DVVHWV¶ WR ZKLFK $FFRXQWLQJ 6WDQGDUG 
‘Impairment of Assets’ is Not Applicable. In the opinion of
the bank, there is no impairment of its assets (to which the
103
13-Jul-18 5:38:21 PM
 ds vèkhu visf{kr igpku ds fy, 31-03 2018 dks fdlh egRoiw.kZ standard applies) to any material extent as at 31.03.2018
lhek rd vilkekU;rk ugha gSA requiring recognition in terms of the said standard.

23 ys[kk ekud 29& çkoèkku] vkdfLed ns;rk,a vkSj vkdfLed 23. AS-29 Provisions, Contingent Liabilities and
Contingent Assets
vkfLr;k¡
i) Movement of provisions for liabilities*
i) ns;rkvksa ds fy, çkoèkkuksa esa mrkj&p<+ko*
(` in Crore)
(` djksM+ esa ) Particulars Salary arrears Legal cases/
fooj.k osru cdk;k dkuwuh ekeys@ contingencies
vkdfLedrk,a Balance as at 1st April 2017 7.10 24.36
1 vçSy] 2017 dks 'ks"k 7.10 24.36
(8.34) (19.89)
(8.34) (19.89)
Provided during the period 355.55 3.20
vof/ ds nkSjku miyCèk djk, x, 355.55 3.20
(0.00) (5.52)
(0.00) (5.52)
Amounts used during the 0.06 0.28
vofèk ds nkSjku ç;qDr jkf'k;ka 0.06 0.28
period (1.24) (0.00)
(1.24) (0.00)
vofèk ds nkSjku fjolZ 0.00 1.58 Reversed during the period 0.00 1.58
(0.00) (1.05) (0.00) (1.05)
31ekpZ 2018 dks 'ks"k 362.59 25.70 Balance as at 31.03.2018 362.59 25.70
(7.10) (24.36) (7.10) (24.36)
cfgokZg @ vfu'p; dk le; okLrfod lsVyesaV@ 7LPLQJRIRXWÀRZXQFHUWDLQWLHV On actual 2XWÀRZRQ
Hkqxrku ij fØLVsykbts'ku Payment settlement /
ij vkmVÝyks crystalli ation
okLrfod lsVyesaV@ (On actual 2XWÀRZRQ
Hkqxrku ij fØLVsykbts'ku Payment) settlement /
ij vkmVÝyks crystalli ation)
* vU; ds fy, çkoèkku dks NksM+dj *Excluding provisions for others
Figures in brackets relate to previous year.
(fiNys o"kZ ls lEcafèkr jkf'k dks"Bd esa gS)
ii) vkdfLed ns;rkvksa ij vuqlwph & 12 ns[ksa ii) Refer Schedule-12 on contingent liabilities

Øe la[;k(I)] (II)] (III)] (IV)] (V) o (VI) dh ,slh ns;rk,a Such liabilities at S.No.(I), (II), (III), (IV), (V) & (VI) are
dependent upon the outcome of Court / arbitration / out
vnkyr @ iapkV @vnkyrh le>kSrksa ds fu"d"kksaZ] vihyksa dh fuiVku]
of court settlement, disposal of appeals, the amount being
ekaxh tk jgh jkf'k] lafonkxr nkf;Roksa dh 'krksaZ] lEc¼ ikfVZ;ksa }kjk called up, terms of contractual obligations, devolvement
dh x;h ek¡xksa ij Øe'k% vkfJr gSa A ,sls ekeyksa esa dksbZ çfriwfrZ and raising of demand by concerned parties, respectively.
çR;kf'kr ugha gS A
24- ykHk o gkfu [kkrs esa O;; 'kh"kZ ds vUrxZr n'kkZ;s x;s ¶çkoèkku 24. Break up of “Provisions and Contingencies” shown
o vkdfLedrk,a¸ dk fooj.k fuEufyf[kr gS % XQGHUWKHKHDG([SHQGLWXUHLQ3UR¿WDQG/RVV$FFRXQW
is as follows:
(` djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017
Particulars 31.03.2018 31.03.2017
fuos'kksa ij ewY;âkl gsrq çkoèkku ('kq¼) 2027.15 486.65
Provisions for depreciation on investment (net) 2027.15 486.65
vutZd vkfLr;ksa ds fy, çkoèkku ('kq¼) 24452.73 12703.72
Provision towards NPAs (net) 24452.73 12703.72
ekud vkfLr;ksa ds fy, çkoèkku -1506.96 441.60
-7292.26 686.74 Provision towards Standard Assets -1506.96 441.60
vk;dj ds fy, çkoèkku (,iQchVh vkSj èkudj lfgr)
vU; çkoèkku vkSj vkdfLedrk,a% 4896.36 -1078.35 Provision made towards Income Tax -7292.26 686.74
31.03.2018 31.03.2017
LQFOXGLQJ)ULQJH%HQH¿W7D[ :HDOWK7D[
fooj.k
ekud iqu% lajfpr@vU;@MsfjosfVo -641.21 -1683.38 Other Provision and Contingencies: 4896.36 -1078.35
,llh@ vkjlh dh fcØh 203.89 0.00 Detail: 31.03.2018 31.03.2017
5382.68 -44.49 Standard Restructured -641.21 -1683.38
cV~Vs [kkrk o vU;
Sale to SC/RC 203.89 0.00
vkjfly dh fcØh 611.00
Written off & others 5382.68 -44.49
iqu% lajfpr -49.00 38.52 Sale to Arcil 611.00
lhMhvkj&,iQvkbZVh,y Restructured CDR-FITL -49.00 38.52

tksM+ 22577.02 13240.36 Total 22577.02 13240.36

104

4 PNB Full AR 2017-18 78-124 130718.indd 104 13-Jul-18 5:38:21 PM

 25- ÝyksfVax çkoèkkuksa dk fooj.k fuEufyf[kr gS % 25. Break-up of Floating Provisions is as follows:

(` djksM+ esa) (` in Crore)

fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
çkjfEHkd 'ks"k 360.25 360.25 Opening balance 360.25 360.25
o"kZ ds nkSjku fd, x, ÝyksfVax çkoèkkuksa 'kwU; 'kwU; 4XDQWXP RI ÀRDWLQJ SURYLVLRQV PDGH GXULQJ NIL NIL
dh jkf'k the year
o"kZ ds nkSjku vkgj.k }kjk dh xbZ deh Mªk MkÅu dh 'kwU; 'kwU; Purpose and amount of draw down made NIL NIL
jkf'k vkSj mís'; during the year
bfr'ks"k 360.25 360.25 Closing balance 360.25 360.25

26- çkjf{kr fufèk ls jkf'k fudkyuk% 26. Draw Down from Reserves:

(` djksM+ esa) (` in crore)

Ø- çkjf{kr fufèk fudkyh mís'; Sr. Reserves Amount Purpose

la- xbZ jkf'k No. drawn
1 Other Reserves NIL No claim has been received during the
1- vU; çkjf{kr 'kwU; ekpZ 2018 (01-04-2017 ls 31-03-2018) dh
(Blocked (NIL) period ended March 2018 (01.04.2017
(CykWDM [kkrk) ('kwU;) lekIr vofèk ds nkSjku var% 'kk[kk ØsfMV]CykWDM Account) to 31.03.2018) against Inter Branch
vkSj tujy ystj esa dh xbZ VªkaliQMZ çfof"V;ka Credit entries, Blocked and transferred
ds fo#¼ dksbZ nkok çkIr ugh gqvk gSA to General Reserve .
2- iquewZY;u çkjf{kr 66.71 laifÙk ds iquewZY;u okys Hkkx ij ewY;âkl 2 Revaluation 66.71 Depreciation on revalued portion of
(58.49) reserves (58.49) property.

27- ,Vh,e ls lacafèkr xzkgdks dh f'kdk;rksa lfgr cSafdax yksdiky 27. Disclosure of complaints and unimplemented
ds vfèkfu.kZ;ksa dks fØ;kfUor u djus ds lacaèk esa çdVhdj.k% awards of Banking Ombudsman including customer
complaints pertaining to ATM.
d- xzkgd f'kdk;rsa a. Customer Complaints

fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017

(d) o"kZ ds vkjEHk esa yfEcr f'kdk;rksa 15564 10239 (a) No. of complaints pending at the 15564 10239
dh la[;k beginning of the year
([k) o"kZ ds nkSjku çkIr f'kdk;rksa 1355483 628158 (b) No. of complaints received during the 1355483 628158
dh la[;k year
(x) o"kZ ds nkSjku fuiVkbZ xbZ f'kdk;rksa 1286948 622833 (c) No. of complaints redressed during the 1286948 622833
dh la[;k year
(?k) o"kZ ds var esa yfEcr f'kdk;rksa 84099 15564 (d) No. of complaints pending at the end of 84099 15564
dh la[;k year

[k- cSafdax yksdiky }kjk fn, x, vfèkfu.kZ; b. Awards passed by the Banking Ombudsman

fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017

(d) o"kZ ds vkjEHk esa ykxw u fd, x, vfèkfu.kZ;ksa NIL** 0 (a) No. of unimplemented Awards at the NIL** 0
beginning of the year
dh la[;k
(b) No. of Awards passed by the Banking 3 2
([k) o"kZ ds nkSjku cSafdax yksdiky }kjk ikfjr 3 2 Ombudsman during the year
vfèkfu.kZ;ksa dh la[;k (c) No. of Awards implemented during the 1 0
(x) o"kZ ds nkSjku ykxw fd, x, vfèkfu.kZ;ksa dh la[;k 1 0 year
(?k) o"kZ ds var esa ykxw u fd, x, vfèkfu.kZ;ksa dh 2* 2 (d) No. of unimplemented Awards at the end 2* 2
of year
la[;k
** 02 cases were pending as on 01.04.2017 for which the appeal was made and the
** 01-04-2017 rd 2 ekeys cdk;k Fks ftuds fy, vihy dh x;h Fkh vkSj mudks dk;e same was upheld.
j[kk x;k gSA *Appeal pending with RBI in both the cases.
* vkjchvkbZ esa nksuksa ekeys yafcr gSaA
The Bank is in the process of implementing centrali ed controls
cSad dsaæhÑr fu;a=k.k ykxw djus dh çfØ;k esa gS rkfd fjiksfVaZx ds fy,% to ensure that data of complaints and awards is generated
f'kdk;rksa dk MkVk vkSj vokMZ Lor tujsV gks ldsaA automatically for reporting.
28. The Bank has issued a Letter of Comfort to Prudential
28- cSad us ;wukbVsM fdaxMe esa çwMsaf'k;y jsX;qys'ku vFkksfjVh (ihvkj,)
Regulation Authority (PRA), the regulator in United
dks ;w-ds- fLFkr viuh vuq"kaxh iatkc uS'kuy cSad (baVjuS'kuy) Kingdom, committing that the bank shall provide
fyfeVsM ds lacaèk esa ,d pqdkSrh vk'oklu i=k tkjh fd;k gS ftlesa ¿QDQFLDO VXSSRUW WR LWV VXEVLGLDU\ 3XQMDE 1DWLRQDO %DQN
bl ckr dk vk'oklu fn;k x;k Fkk fd ;fn iatkc uS'kuy cSad ,QWHUQDWLRQDO /WG 8. VR WKDW LW PHHWV LWV ¿QDQFLDO

105

4 PNB Full AR 2017-18 78-124 130718.indd 105 13-Jul-18 5:38:22 PM

 (baVjuS'kuy) fyfeVsM] ;wds viuh foÙkh; çfrc¼rk,a iwjh u dj ik,
rks cSad mls foÙkh; lgk;rk çnku djsxk A
mDr ds vfrfjDr cSad }kjk dksbZ vk'oklu i=k tkjh ugha fd;k x;k
gS vr% vk'oklu i=k ds varxZr dksbZ foÙkh; çfrc¼rk ugha gSA
;wds ds jsxwysVj] çwMsaf'k;y jsxwysVjh vFkkWfjVh (ihvkj,) us fnukad
02-09-2015 ds i=k ds vuqlkj cSad dks ^okWp fyLV* ds varxZr j[kk
gSA ijUrq dksbZ fo'ks"k ikcanh ;k iSuYVh ugha gS A ih,uch us 2 twu]
2017 dks U;wure fu;ked iwath vko';drkvksa dks iwjk djus esa mDr
dh lgk;rk ds fy, ;w,lMkWyj 20 fefy;u dh ubZ iwath nh gSA
commitments as and when they fall due.
Apart from the above, the Bank has not issued any Letter
of Comfort and therefore there are no cumulative Financial
obligations under Letter of Comfort.
The Prudential Regulatory Authority (PRA), regulator
of UK, has vide its letter dated 02.09.2015 put the Bank
XQGHU µZDWFK OLVW¶ 7KHUH DUH QR VSHFL¿F UHVWULFWLRQV RU
penalties. PNB infused fresh capital of USD 20 million on
2nd June 2017 to help it to meet the minimum regulatory
capital requirements.

29- cSad }kjk çkjEHk fd, x, cSad chek dkjksckj ds lEcUèk esa 29. Disclosure in respect of Insurance Business
undertaken by the bank:
çdVhdj.k
(` djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
o"kZ ds nkSjku cSad }kjk fd, x,s E;qpqvy iQaM dkjksckj Details of fees/brokerage/remuneration earned
lfgr cSad ,';ksjsal dkjksckj ds lEcUèk esa 'kqYd@ in respect of Insurance, Broking, Agency and
ikfjJfed ds :i esa çkIr jkf'k dk fooj.k Business including Mutual Fund Business
undertaken by the bank during the year.
(i) thou chek dkjksckj 143.91 110.19 (i) Life Insurance Business: 143.91 110.19
(ii) xSj thou chek dkjksckj 35.71 28.23 (ii) Non-life Insurance Business: 35.71 28.23
(iii) E;qpqvy iQaM dkjksckj 6.44 3.59 (iii) Mutual Fund Business 6.44 3.59
tksM+ 186.06 142.01 TOTAL 186.06 142.01
30- I. tek jkf'k;ksa] vfxzeksa] ½.k tksf[keksa vkSj vutZd vkfLr;ksa 30. I. Concentration of Deposits, Advances, Exposures
dk dsUæhdj.k % and NPAs:
(d) tek jkf'k;ksa dk dsUæhdj.k (a) Concentration of Deposits:
(` djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
20 lcls cM+s tekdÙkkZvksa dh dqy tek jkf'k 31503.88 20483.38 Total Deposits of twenty largest depositors 31503.88 20483.38
cSad dh dqy tek jkf'k dh rqyuk esa 20 lcls cM+s 4.91% 3.29 % Percentage of Deposits of twenty largest 4.91% 3.29 %
tekdrkZvksa dh tek jkf'k dk çfr'kr depositors to Total Deposits of the bank

([k) vfxzeksa dk dsUæhdj.k (b) Concentration of Advances:

(` djksM+ esa) (` in Crore)

fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
20 lcls cM+s ½f.k;ksa@xzkgdksa ds dqy vfxze 93019.87 73798.66 Total Advances of twenty largest borrowers 93019.87 73798.66
cSad ds ½f.k;ksa ds dqy vfxzeksa dh rqyuk esa 20 lcls 19.73% 16.71 % Percentage of Advances of twenty largest 19.73% 16.71 %
cM+s ½f.k;ksa ds vfxzeksa dk çfr'kr borrowers to Total Advances of the bank

(x) ,Dlikstj dk dsUæhdj.k (c) Concentration of Exposures:

(` djksM+ esa) (` in Crore)

Particulars 31.03.2018 31.03.2017
fooj.k 31.03.2018 31.03.2017
Total Exposures of twenty largest borrowers/ 103992.52 82128.48
20 lcls cM+s ½f.k;ksa dks fn;k x;k dqy ,Dlikstj 103992.52 82128.48 customers
Percentage of Exposures to twenty largest 17.56% 14.75 %
cSad ds dqy ½.k dh rqyuk esa 20 lcls cM+s ½f.k;ksa@ 17.56% 14.75 %
borrowers/customers to Total Exposures of
xzkgdksa dks çnÙk ,Dlikstj the bank on borrowers/customers
?k) vutZd vkfLr;ksa dk dsUæhdj.k (d) Concentration of NPAs:
(` djksM+ esa) (` in Crore)
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
VkWi 4 ,uih, [kkrksa esa dqy ½.k 14262.24 9520.21 Total Exposure to top four NPA accounts 14262.24 9520.21
M) çkoèkkuhdj.k dojst vuqikr
(e) Provisioning Coverage Ratio:
fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
çkoèkkuhdj.k dojst vuqikr 58.42% 58.57%
Provisioning Coverage Ratio 58.42% 58.57%

106

4 PNB Full AR 2017-18 78-124 130718.indd 106 13-Jul-18 5:38:22 PM

 II. {ks=k&okj vfxze% II. Sector-wise advances:
(` in Crore)
(` djksM+ esa)
Sl. Sector As on 31.03.2018 As on 31.03.2017
Ø- {ks=k 31-03-2018 rd 31-03-2017 rd No. Outstanding Gross Percentage Outstanding Gross Percentage
la- dqy ldy bu {ks=kksa dqy ldy bu {ks=kksa Total NPAs of Gross Total NPAs of Gross
Advances NPAs Advances NPAs
cdk;k ,uih, esa dqy cdk;k ,uih, ds dqy to Total to Total
vfxzesa vfxzeksa esa vfxzesa vfxzeksa esa Advances Advances
ls ldy ls ldy in that in that
sector sector
,uih, dk ,uih, dk
A Priority
çfr'kr çfr'kr Sector
,- çkFkfed {ks=k 1. Agriculture
and allied
1 Ñf"k ,oa lgk;d activities 67838.47 8876.97 13.09 65629.56 6353.16 9.68
xfrfofèk;k¡ 67838.47 8876.97 13.09 65629.56 6353.16 9.68 2. Advances
2 çkFkfed {ks=k ds to industries
sector eligible
½.kksa ds fy, ik=k as priority
vkS|ksfxd {ks=kksa dks sector lending 68373.13 10951.11 16.02 20841.75 3482.64 16.71
vxzhesa 68373.13 10951.11 16.02 20841.75 3482.64 16.71 3. Services 13249.34 21.41 0.16 37726.50 2998.24 7.95
3 lsok,a 13249.34 21.41 0.16 37726.50 2998.24 7.95 4. Personal
loans 15754.23 1142.63 7.25 13915.67 804.79 5.78
4 O;fDrxr ½.k 15754.23 1142.63 7.25 13915.67 804.79 5.78
Sub-total (A) 165215.17 20992.12 12.71 138113.48 13638.83 9.88
mi&tksM+ (v) 165215.17 20992.12 12.71 138113.48 13638.83 9.88 B Non Priority
Sector
ch- xSj çkFkfed {ks=k
1. Agriculture
1 Ñf"k ,oa lgk;d and allied
xfrfofèk;k¡ 22170.24 1012.03 4.57 12081.95 272.78 2.26 activities 22170.24 1012.03 4.57 12081.95 272.78 2.26
2. Industry 76408.29 38094.03 49.86 126011.79 33021.60 26.21
2 baMLVªh 76408.29 38094.03 49.86 126011.79 33021.60 26.21
3. Services 160936.60 24794.42 15.41 125350.53 7397.39 5.90
3 lsok,a 160936.60 24794.42 15.41 125350.53 7397.39 5.90
4. Personal
4 O;fDrxr ½.k 46566.30 1726.46 3.71 40193.61 1039.85 2.59 loans 46566.30 1726.46 3.71 40193.61 1039.85 2.59

mi&tksM+ (v) 306081.43 65627.94 21.44 303637.88 41731.62 13.74 Sub-total (B) 306081.43 65627.94 21.44 303637.88 41731.62 13.74
Total (A+B) 471296.60 86620.05 18.38 441751.36 55370.45 12.53
dqy tksM+ (v+vk) 471296.60 86620.05 18.38 441751.36 55370.45 12.53

III. Movement of NPAs:

III. vutZd vkfLr;ksa esa mrkj&p<+ko%
(` in Crores)
(` djksM+ esa)
Particulars 31.03.2018 31.03.2017
fooj.k 31.03.2018 31.03.2017
Gross NPAs Opening balance 55370.45 55818.33
ldy vutZd vkfLr;ksa dk çkjfEHkd vfèk'ks"k 55370.45 55818.33
44274.33 22414.58 Additions (Fresh NPAs) during the year 44274.33 22414.58
o"kZ ds nkSjku o`f¼ (u, ,uih,)
99644.78 78232.91 Sub-total (A) 99644.78 78232.91
mi tksM+ (,)
deh % Less:

(i) vixzsMs'ku 1174.25 2980.69 (i) Up gradations 1174.25 2980.69

(ii) olwyh (vixzsM fd, x, [kkrksa ls dh xbZ olwyh dks 4443.29 10676.65 (ii) Recoveries (excluding recoveries made 4443.29 10676.65
from upgraded accounts)
NksM+dj)
(iii) rduhdh@çwMsaV jkbZV&vkWiQ 7407.19 9205.12 (iii) Technical /Prudent Write-offs 7407.19 9205.12

(iv) mDr (iii) dks NksM+dj fd;k x;k jkbZV&vkWiQ (iv) Write-offs other than those under (iii) above
mi tksM+ (ch) 13024.73 22862.46 Sub-total (B) 13024.73 22862.46
ldy vutZd vkfLr;ka (,&ch) 86620.05 55370.45 Gross NPAs Closing balance (A-B) 86620.05 55370.45

rduhdh jkbZV&vkWiQ rFkk blesa dh xbZ olwfy;ksa dk Detail of Technical write-offs and the recoveries made there
fooj.k % on:
(` in Crores)
(` djksM+ esa)
Particulars 31.03.2018 31.03.2017
fooj.k 31.03.2018 31.03.2017
Opening balance of Technical / Prudential 23559.30 16558.14
rduhdh@çwMsaVjkbZV vkWiQ [kkrksa dk çkjfEHkd 'ks"k 23559.30 16558.14
written-off accounts
Add : Technical / Prudential write-offs during 7947.52 11485.94
;ksx% o"kZ ds nkSjku rduhdh@ 7947.52 11485.94 the year
çwMsaV jkbZV Sub-total (A) 31506.82 28044.08
mi tksM+ (,) 31506.82 28044.08 Less : Recoveries made from previously
deh% o"kZ ds nkSjku iwoZ rduhdh@ technical / prudential written-off accounts 1040.38 4484.79
1040.38 4484.79 during the year (B)
çwMsaV jkbZV (ch) ls dh xbZ olwyh
vafre 'ks"k (,&ch) 30466.44 23559.29 Closing balance (A-B) 30466.44 23559.29

107

PNB Full AR 2017-18 78-12 160718.indd 107 16-Jul-18 1: :58 PM

 IV. fons'k fLFkr vkfLr;k¡] ,uih, vkSj jktLo% IV. Overseas Assets, NPAs and Revenue:

(` djksM+ esa) (` in Crores)

fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017

dqy vkfLr;k¡ 78390.01 85293.00 Total Assets 78390.01 85293.00

dqy ,uih, (ldy) 2772.06 2298.58 Total NPAs (Gross) 2772.06 2298.58

dqy jktLo 2699.23 2463.39 Total Revenue 2699.23 2463.39

V. 31-03-2018 rd cSad }kjk çk;ksftr vkWiQ&'khV cSysal 'khV V. Off-balance sheet SPVs sponsored by the Bank (which
,lihoh (ftudk ys[kkadu ekun.Mksa ds vuqlkj lesdu visf{kr are required to be consolidated as per accounting
norms) as on 31.03.2018 are as under:
gS) bl çdkj gS%
çk;ksftr fo'ks"k ç;kstu ds uke Name of the SPV sponsored

?kjsyw fons'kh Domestic Overseas

'kwU; 'kwU; NIL NIL

31- ØsfMV dkMZ vkSj MsfcVdkMZ ds fjokWMZ ikWbaV~l 31. Reward Points of Credit Card & Debit Card

i) tc dHkh ih,uch Xykscy ØsfMV vkSj MsfcVdkMZ èkkjd vius
ØsfMV dkMZ vkSj MsfcV dkMZ dk mi;ksx djds [kjhnnkjh djrs
gSa rks mUgsa fjokWMZ ds vad çnku fd;k tkrk gS A ;s vad mUgsa
O;kikfjd laLFkku ij ØsfMV vkSj MsfcV dkMZ dk mi;ksx djrs
le; tkjh fd, tkrs gSaA dkMZèkkjd bu ,df=kr vadksa dks
fjMhe dj ldrk gS A fjokWMZ vadksa ds dkj.k ns; jkf'k dks
ykHk o gkfu [kkrs esa çHkkfjr fd;k tkrk gS vkSj nSfud vkèkkj
ij fofHkUu çkoèkku [kkrs esa ØsfMV fd;k tkrk gS D;ksafd ;g
jkf'k ifjek.k ;ksX; gksrh gS A
cdk;k fjokWMZ vadksa (ØsfMV dkMZ) rFkk muds lacaèk esa fd, x,
çkoèkku dh fLFkfr fuEufyf[kr gS%
i) PNB Global Credit & Debit Cardholders are
rewarded as and when they make purchases
through usage of Credit & Debit Card. Reward
Points are generated at the time of usage of
Credit & Debit Card by Cardholder at merchant
Establishment. Card holder can redeem the
accumulated reward points. The amount payable
RQ DFFRXQW RI UHZDUG SRLQWV LV FKDUJHG WR 3UR¿W
and Loss account and credited to Sundry Provision
Account on daily basis.
Position of outstanding reward points and provision
regarding Credit Cards is as under:

fooj.k 31-03-2018 31-03-2017 Particulars As on As on

31.03.2018 31.03.2017
rd rd
Balance Reward Points outstanding 216860962 169893570
cdk;k 'ks"k fjokWMZ vad 216860962 169893570
Provision held for these points (` in crore)* 2.71 2.14
bu vadksa ds fy, fd;k x;k çkoèkku (` djksM+ esa)* 2.71 2.14

*ØsfMV dkMZ ds lacaèk esa fjokWMZ ikWbaV~l ds çfr 1 ikWbaV ds fy, ` 0-50 dk çkoèkku fd;k *The provision held against Rewards points in respect of Credit Cards has been
worked out at ` 0.50 for 1 point. Based on past trend of redemption, provision has
x;k gSA fjMsEI'ku ds fiNys pyu ds vkèkkj ij] fiNys o"kZ ds vuqekfur vkèkkj ij lafpr been made @ 25% of accumulated Reward points on estimated basis as in the
fjokWMZ ikWbaV~l ds 25% dk çkoèkku fd;k x;k gSA previous year.

ii) ykW;YVh fjokWMZ ikWbaV~l & MsfcV dkMZ ls lacafèkr cdk;k fjokWMZ ii) Position of outstanding reward points and provision
thereon regarding Loyalty Reward Points- Debit
ikWbaV~l vkSj mu ij çkoèkku dh fLFkfr bl çdkj gS Cards is as under:

fooj.k 31-03-2018 31-03-2017 Particulars As on As on

rd rd 31.03.2018 31.03.2017

cdk;k 'ks"k ykW;YVh fjokWMZ ikWbaV 3089151271 2208155387 Balance of loyalty reward points 3089151271 2208155387
fjokWMZ ikWbaVl ds fy, fd;k x;k çkoèkku (` djksM+ 11-69 8-28 Provision held against reward points (` in 11.69 8.28
esa)* crore)*

* ykW;YVh fjokMZ ikWbaV~l esa 1 ikWbaV~l ds fy, ` 0-25 dk çkoèkku j[kk x;k gS ftls fiNys *The provision held against Loyalty Reward points has been worked at `.0.25 for 1
point, which has further been valued at 15% on estimated basis as in the previous
o"kZ dh rjg vuqekfur vkèkkj ij 15% ewY;kafdr fd;k x;k gS A year.

108

4 PNB Full AR 2017-18 78-124 130718.indd 108 13-Jul-18 5:38:24 PM

 32- çfrHkwfrdj.k ls lacfUèkr çdVhdj.k 32. Disclosures relating to Securitization

çfrHkwfr vkfLr;ksa dh cdk;k jkf'k% OUTSTANDING AMOUNT OF SECURITISED ASSETS:

Ø- fooj.k la-@` SI. Particulars No./` in

la- djksM+ esa No crore
1 çfrHkwfrdj.k ysu&nsuksa ds fy, cSad }kjk çk;ksftr ,lihoh dh la[;k 'kwU; 1. No of SPVs sponsored by the bank for securiti ation NIL
transactions*
2 cSad }kjk ç;ksftr ,lihoh dh cfg;ksa ds vuqlkj çfrHkwr vkfLr;ksa 'kwU;
2. Total amount of securiti ed assets as per books of the NIL
dh dqy jkf'k
SPVs sponsored by the bank
3 rqyu i=k dh frfFk dks ,evkjvkj dh vuqikyuk esa cSad }kjk jksds 'kwU; 3. Total amount of exposures retained by the bank to comply NIL
x, ½.kksa dh dqy jkf'k with MRR as on the date of balance sheet
d)- vkWiQ&cSysal 'khV ,Dlikstj a) Off-balance sheet exposures
vkjafHkd deh First loss
vU; Others
[k)- vkWiQ&cSysal 'khV ,Dlikstj b) On-balance sheet exposures
vkjafHkd deh First loss
vU; Others
4 ,evkjvkj ds vykok çfrHkwfrdj.k ysu&nsuksa ds fy, ,Dlikstj jkf'k 'kwU; 4 Amount of exposures to securiti ation transactions other NIL
d)- vkWiQ&cSysal 'khV ,Dlikstj than MRR
a) Off-balance sheet exposures
i) futh çfrHkwfrdj.k dk ,Dlikstj
i) Exposure to own securiti ations
vkjafHkd deh
First loss
vU;
Others
ii) futh çfrHkwfrdj.k dk ,Dlikstj
ii) Exposure to third party securiti ations
vkjafHkd deh
First loss
vU;
Others
[k)- vkWiQ&cSysal 'khV ,Dlikstj 'kwU; b) On-balance sheet exposures NIL
i) futh çfrHkwfrdj.k dk ,Dlikstj i) Exposure to own securiti ations
vkjafHkd deh First loss
vU; Others
ii) futh çfrHkwfrdj.k dk ,Dlikstj ii) Exposure to third party securiti ations
vkjafHkd deh First loss
vU; Others

33- ØsfMV fMiQkYV LoSi 33. Credit Default Swaps

pw¡fd cSad lhMh,l lafonkvksa ds ewY; fuèkkZj.k gsrq dksbZ LokfeRo ewY;u Since the Bank is not using any proprietary pricing model
ekWMy dk mi;ksx ugha djrk vkSj ;g dkmaVj lafonk (vksVhlh) ij for pricing CDS contracts, and it is over the counter contract
(OTC), the price is determined by the market dynamics. As
gS] vr% ewY; dk fuèkkZj.k xfreku cktkj }kjk gksrk gS A vr% orZeku such no disclosure is to be made in terms of extant RBI
Hkkjrh; fjtoZ cSad dh 'krkZuqlkj dksbZ çdVhdj.k ugha fd;k tkuk gSA guidelines.
34- tekdrkZ f'k{kk ,oa tkx:drk fufèk (MhbZ,,iQ) dks varj.k % 34. Transfers to Depositor Education and Awareness
Fund (DEAF):
vkjchvkbZ ds ifji=k MhchvksMh-la0-MhbZ,,iQ lsy chlh 114@30-
01-002@2013&14] fnukad 27-05-2014 ds vuqikyu esa cSad us In compliance to RBI Circular No. DBOD.NO. DEAF.
CELL. BC.114/30.01. 002/2013-14 dated 27.05.2014, the
MhbZ,,iQ ;kstuk] 2014 ds varxZr fuEu jkf'k vkjchvkbZ dks varfjr Bank has transferred the following amount to RBI, as per
dh xbZ gSA Depositor Education and Awareness Scheme, 2014.
(jkf'k ` djksM+ esa) (` in Crore)
fooj.k 31-03-2018 31-03-2017 Particulars As on As on
dks dks 31.03.2018 31.03.2017
MhbZ,,iQ dks varfjr jkf'k dk çkjfEHkd 'ks"k 1196.33 676.58 Opening balance of amounts transferred to
1196.33 676.58
DEAF
tksM+% vofèk ds nkSjku MhbZ,,iQ dks varfjr dh xbZ
414.84 537.54 Add : Amounts transferred to DEAF during
jkf'k 414.84 537.54
the period
deh% Dyse ds fo#¼ MhbZ,,iQ }kjk jkf'k dh çfriwfrZ 43.88 17.79 Less : Amounts reimbursed by DEAF towards
43.88 17.79
31-03-2018* dks MhbZ,,iQ dks varfjr dh xbZ claims
1567.29 1196.33
jkf'k dk vafre 'ks"k Closing balance of amounts transferred to
1567.29 1196.33
DEAF as at 31.03.2018*
*foÙkh; fooj.kh dh vuqlwph 12 ds varxZr ¶vkdfLed ns;rkvksa&vU;¸ ds rkSj ij çnf'kZr
5HÀHFWHGDV³&RQWLQJHQW/LDELOLW\2WKHUVLWHPVIRUZKLFKWKHEDQNLVFRQWLQJHQWO\
gqvk gSA OLDEOH´XQGHU6FKHGXOHRIWKH¿QDQFLDOVWDWHPHQWV

109

4 PNB Full AR 2017-18 78-124 130718.indd 109 13-Jul-18 5:38:24 PM

 35- vjf{kr fons'kh djsalh ,DLikstj (;w,iQlhbZ)
cSad us ØsfMV esa yxh djsalh dks fu;af=kr djus gsrq ,d uhfr cukbZ
gS rFkk bls cSad dh orZeku ØsfMV çcUèku ,oa tksf[ke uhfr esa
fuEukuqlkj 'kkfey fd;k x;k gS%
¶vjf{kr fons'kh djsalh ,DLikstj esa iwath ,oa çkoèkku vko';drkvksa
ds lEcUèk esa vkjchvkbZ us fn'kkfunsZ'k fn, gSa fd frekgh ds var esa
okf"kZd (bZchvkbZMh) ds lkFk cSad djsalh ds vuqlkj mèkkjdrkZvksa ds
[kkrksa esa vkjf{kr fons'kh djsalh ,DLikstj ij fu;a=k.k j[ksxkA [kkrksa esa
0 ls 80 chih,l dh Js.kh rd ds baØhesaVy çkoèkku] tks fd dqy
ØsfMV ,DLikstj ,oa iwath dh vko';drk] LVS.MMZ vkfLr çkoèkku
35. Unhedged Foreign Currency Exposure (UFCE):
The Bank has framed a policy to manage currency induced
credit risk and has been incorporated in current bank’s
Credit Management & Risk Policy as follows:
“In terms of RBI guidelines Bank monitors the currency
wise Un-hedged Foreign Currency Exposure in the books
of borrowers at quarter ends along-with the Annuali ed
Earnings before Interest & Depreciation (EBID). The
incremental provision (ranging from 0 to 80 bps on total
credit exposure, over and above the standard asset
provisioning) and capital requirement will depend on likely
,oa iwath dh vko';drk vkSj lEHkor% mlls gksus okyh gkfu ds fy,
mèkkjdrkZ dks vius [kkrksa esa ogu djuk gksxk A bl rjg ds [kkrksa esa
çkoèkku dh vko';drkuqlkj ,DLikstlZ ds fy, cSad ,d vyx pktZ
cuk,xk] ftldh ykxr mèkkjdrkZ }kjk ogu dh tk,xh A cSad dh
foÙkh; fooj.kh esa ,d leqfpr ,DLikstj cuk;k tk,xkA¸
ORVV GXH WR IRUHLJQ FXUUHQF\ ÀXFWXDWLRQ WKDW ERUURZHUV
may face due to their un-hedged forex exposure in their
books. Bank maintains separate charge and provisioning
requirement on account of such exposures which may
impact the cost to the borrowers. Appropriate disclosures
LQWKH¿QDQFLDOVWDWHPHQWVRIWKHEDQNVKDOODOVREHPDGH´

(jkf'k ` djksM+ esa) (` in Crore)

fooj.k 31-03-2018 31-03-2017 Particulars 31.03.2018 31.03.2017
dks dks Incremental Provision 83.01 18.02
baØhesaVy çkoèkku 83.01 18.02
Incremental capital held 283.34 58.46
baØhesaVy dSfiVy 283.34 58.46
36. Intra-Group Exposures
36- baVªk xzqi ,DLikstj
(` in Crore)
(jkf'k ` djksM+ esa)
Particulars 31.03.2018 31.03.2017
fooj.k 31-03-2018 31-03-2017
a) Total amount of intra-group exposures 3112.10 2614.08
dks dks
d baVªk xzqi ,Dikstj dh dqy jkf'k 3112.10 2614.08 b) Total amount of top-20 intra group 3112.10 2614.08
exposures.*(5 entities)
[k 'kh"kZ 20 baVªk xzqi ,DLikstj*dh dqy jkf'k (5 3112.10 2614.08
,aVhVh) c) Percentage of intra-group exposures to 0.53% 0.47 %
total exposure of the Bank on borrower/
x mèkkjdrkZvksa@xzkgdksa ij cSad ds dqy ,DLikstj esa 0.53% 0.47 %
customers (As on 31.03.2018).
ls baVªk xzqi ,DLikstj dk çfr'kr (31-03-2018
d) Details of breach of limits on intra-group NIL NIL
rd)
exposures and regulatory action, if any.
?k baVªk xzqi ,Dikstj ij fyfeV dk mYya?ku dk O;kSjk 'kwU; 'kwU;
*1. PNB Housing Finance Ltd. 2. PNB Gilts Ltd. 3. Principal PNB Asset Management
,oa jsxqysVjh ,D'ku] ;fn dksbZ gks Co. Pvt. Ltd. 4. PNBIL LTD. 5. DRUK PNB BANK LTD
* 1 ih,uch gkmflax iQkbusal fyfeVsM 2- ih,uch fxYV~l fyfeVsM 3- fçafliy ih,uch laifÙk
37. Liquidity Coverage Ratio (LCR)
çcaèku daiuh çk- fyfeVsM 4- ih,uchvkbZ,y fyfeVsM 5- Mªd ih,uch cSad fyfeVsM
QUALITATIVE DISCLOSURE ON LIQUIDITY
37- pyfufèk dojst vuqikr COVERAGE RATIO
pyfufèk dojst vuqikr ij xq.kkRed çdVhdj.k The bank has implemented RBI guidelines on Liquidity
cSad us 1 tuojh] 2015 ls pyfufèk dojst vuqikr ij vkjchvkbZ Coverage Ratio (LCR) from 1st January 2015.
ds fn'kkfunsZ'kksa dks fØ;kao;u fd;k gSA The LCR standard aims to ensure that a bank maintains
an adequate level of unencumbered High Quality Liquid
,ylhvkj dk mís'; ;g lqfuf'pr djuk gS fd cSad ds ikl i;kZIr
Assets (HQLAs) that can be readily converted into cash
ek=kk esa mPp xq.koÙkk iw.kZ pyfufèk vkfLr;ka jgs ftlls fd pyfufèk at little/no loss of value to meet its liquidity needs for
LVªsl flukfj;ks ds varxZr 30 dSys.Mj fnuksa ds fy, pyfufèk a 30 calendar day time hori on under a liquidity stress
vko';drk dks iw.kZ djus ds fy, bls fcuk mlds ewY; dks gkfu scenario.
igqpkars gq, vklkuh ls udnh esa ifjofrZr fd;k tk ldsA LCR has two components:
,ylhvkj ds nks ?kVd gS% i. The value of the stock of High Quality Liquid Assets
i. mPp xq.koÙkk iw.kZ pyfufèk (,pD;w,y,) vkfLr;ksa ds LVkWd (HQLA) – he umerator.
dk ewY; & n U;wejsVj A LL 7RWDO 1HW &DVK 2XWÀRZV 7RWDO H[SHFWHG FDVK
RXWÀRZVPLQXV7RWDOH[SHFWHGFDVKLQÀRZVLQVWUHVV
ii. dqy 'kq¼ udnh çokg % 30 dSyS.Mj fnuksa ds fy, LVªsl
scenario, for the subsequent 30 calendar days - he
flukfj;ks esa dqy vuqekfur udnh vkWmVÝyks ekbZul dqy denominator
vuqekfur udnh buÝyks & n fMuksfeusVj A

110

4 PNB Full AR 2017-18 78-124 130718.indd 110 13-Jul-18 5:38:24 PM

 ,ylhvkj dh ifjHkk"kk % 'H¿QLWLRQRI/&5

mPp xq.koÙkkiw.kZ pyfufèk vkfLr;ksa (,pD;w,y,) dk LVkd_ Stock of high quality liquid assets (HQLAs)
t 100% 7RWDOQHWFDVKRXWÀRZVRYHUWKHQH[WFDOHQGDUGD\V
•
vxys 30 dSys.Mj fnuksa ls vfèkd dqy 'kq¼ udnh cká çokg
uhps fn, U;wure vko';d Lrj dh VkbZe ykbZu ds lkFk cSad ij The LCR requirement has become binding on the banks
with the following minimum required level as per the time-
,ylhvkj dh vko';drk ,d ckè;rk cu xbZ gS% line given below:
1 tu] 1 tu] 1 tu] 1 tu] 1 tu] Jan 1, Jan 1, Jan 1, Jan 1, Jan 1,
2015 2016 2017 2018 2019 2015 2016 2017 2018 2019
U;wure ,ylhvkj 60% 70% 80% 90% 100% Minimum LCR 60% 70% 80% 90% 100%

prqFkZ frekgh foÙkh; o"kZ 2017&18 ds fy,] 90% fofu;ked
vis{kkvksa ds vuqlkj ,ylhvkj ds çfr lesfdr Lrj ij nSfud
vkSlr ,ylhvkj 111-23% (nSfud vksctosZ'ku ds lkèkkj.k vkSlr
ij vkèkkfjr) jgkA
cSad ds ,ylhvkj dk eq[; ?kVd i;kZIr mPp xq.koÙkk iw.kZ pyfufèk
vkfLr;ka gSa (,pD;w,y,) ftlls gj le; cSad dh pyfufèk
vko';drkvksa dks iwjk fd;k tk lds rFkk [kqnjk ,oa NksVs dkjksckjh
xzkgdksa dks cqfu;knh iQafMax dh tk lds A cSad ds dqy tek
iksVZiQksfy;ks dk ykHk 69-01% va'knku [kqnjk rFkk NksVs dkjksckj dk gS
ftlls 5@10% dk yks ju vkiQ iQSDVj vkdf"kZr gksrk gSA
mPp xq.koÙkk iw.kZ py vkfLr (,pD;w,y,) dh lajpuk
Lrj 1 o Lrj 2 vkfLr;ka ,pD;w,y, esa lekfo"V gSaA Lrj 2 vkfLr;ka
mudh dher vfLFkjrk dks ns[krs gq, Lrj 2, ,oa Lrj 2ch esa
foHkkftr dh x;h gSaA
Lrj 1 & vkfLr;ka os vkfLr;ka gSa tks mPpçokgh gSaA 31 ekpZ] 2018
dks lekIr frekgh ds fy, Lrj 1 vkfLr;ksa esa dS'k bu gSaM] lhvkjvkj
dk vfèkd gksuk] ,l,yvkj ls vfèkd ljdkjh çfrHkwfr;k¡] ,e,l,iQ
o ,iQ,,y,ylhvkj ds vfrfjDr lkojsu çfrHkwfr;k¡ ftudk ewY;
98548-64 djksM gS A (nSfud vksctosZ'ku ds lkèkkj.k vkSlr ij
vkèkkfjr)
Lrj 2, o 2ch os vkfLr;ka gSa tks U;w~u çokgh gSa vkSj mudh Hkkj
jkf'k ` 8129-32 djksM+ (nSfud vksctosZ'ku ds lkèkkj.k vkSlr ij
vkèkkfjr) ij vk x;h gS 31-03-2018 dks lekIr frekgh ds nkSjku
nSfud vksctosZ'ku vkSlr ,pD;w,y, dk czsd vi fuEukuqlkj fn;k
x;k gSA
mPp xq.kork rjy lEifÙk (,pD;w,y,) ,pD;w,y, dks
;ksxnku vkSlru %
Lrj 1 vkfLr;ka
dS'k bu gS.M 1.39%
vfrfjDr lhvkjvkj 'ks"k 1.50%
U;wure ,l,yvkj vko';drkvksa ds vfrfjDr ljdkjh çfrHkwfr;k¡ 26.37%
vfuok;Z ,l,yvkj vko';drkvksa ds varxZr ljdkjh çfrHkwfr;k¡ 11.14%
,e,l,Q ds varxZr vkjchvkbZ }kjk o`f¼ dh vuqefr (orZeku esa
,uMhVh,y dk 2 çfr'kr dh o`f¼ )
csly II ekudhÑr ,çksp ds varxZr 0% tksf[ke Hkkj okyh 1.85%
fons'kh Lok;rksa }kjk tkjh ;k xkjaVh nh xbZ cktkjh çfrHkwfr;k¡
pyfufèk dojst vuqikr ds fy, miyCèk pyfufèk dks lqfoèkk & 50.13%
,iQ,,y,ylhvkj (orZeku esa ,yMhVh,y dk 9 çfr'kr dh o`f¼)
dqy Lrj 1 vkfLr;k¡ 92.38%
dqy Lrj 2 , vkfLr;k¡ 7.13%
dqy Lrj 2ch vkfLr;k¡ 0.49%
,pD;w,y, dk dqy LVkd 100.00%
For Q4 FY’2017-18, the daily average LCR was 111.23%
(based on simple average of daily observations) at
consolidated level, as against the regulatory requirement
of 90%.
The main drivers of LCR of the bank are High Quality Liquid
Assets (HQLAs) to meet liquidity needs of the bank at all
times and basic funding from retail and small business
customers. The retail and small business customers
contribute about 69.01% of total deposit portfolio of the
bank which attracts low run-off factor of 5/10%.
Composition of High Quality Liquid Assets (HQLA)
HQLAs comprises Level 1 and Level 2 assets. Level
2 assets are further divided into Level 2A and Level 2B
assets, keeping in view their marketability.
Level - 1 asset are those assets which are highly liquid.
For quarter ended March 31, 2018, the Level-1 asset of the
bank includes Cash in Hand, Excess CRR, Government
Securities in excess of minimum SLR, Marketable
securities issued or guaranteed by foreign sovereign, MSF
and FALLCR totalling to ` 98548.64 cr (based on simple
average of daily observations).
Level - 2A & 2B assets are those assets which are less
liquid and their weighted amount comes to ` 8129.32 cr
(based on simple average of daily observations). Break-up
of daily observation Average HQLA during quarter ended
March 31, 2018 is given here under:
High Quality Liquid Assets (HQLAs) Average % age
contribution to
HQLA
Level 1 Assets
Cash in hand 1.39%
Excess CRR balance 1.50%
Government Securities in excess of minimum SLR 26.37%
requirement
Government securities within the mandatory SLR 11.14%
requirement, to the extent allowed by RBI under MSF
(presently to the extent of 2 per cent of NDTL)
Marketable securities issued or guaranteed by foreign 1.85%
sovereigns having 0% risk-weight under Basel II
Standardi ed Approach
Facility to avail Liquidity for Liquidity Coverage Ratio – 50.13%
FALLCR (presently to the extent of 9 per cent of NDTL)
Total Level 1 Assets 92.38%
Total Level 2A Assets 7.13%
Total Level 2B Assets 0.49%
Total Stock of HQLAs 100.00%

111

4 PNB Full AR 2017-18 78-124 130718.indd 111 13-Jul-18 5:38:25 PM

 fuèkh;u lzksrksa dk ladsUæ.k
bl eSfVªd esa mu fufèk;ksa ds lzksrksa ftudk vkgj.k pyfufèk tksf[keksa
ds vèkhu gS] 'kkfey gSA bldk mís'; çR;sd egRoiw.kZ çfri{k vkSj
çR;sd egRoiw.kZ mRikn@fy[kr ls visf{kr blds fuèkh;u dh fuxjkuh
}kjk cSad ds fuèkh;u ladsUæ.k dks O;Dr djuk gS] Hkkjrh; cSad ds
fn'kkfunsZ'kksa ds vuqlkj ¶egRoiw.kZ çfri{k@fy[kr@mRikn¸ dks ,dy
çfri{k fy[kr@mRikn ;k cSad ds dqy nkf;Ro dk 1% ls vfèkd
nkf;Ro okys çfri{kh ls tqMs ;k lEc¼ lewg ds #i esa ifjHkkf"kr
fd;k x;k gSA
Concentration of Funding Sources
This metric includes those sources of funding; whose
withdrawal could trigger liquidity risks. It aims to address
the funding concentration of bank by monitoring its funding
UHTXLUHPHQW IURP HDFK VLJQL¿FDQW FRXQWHUSDUW\ DQG HDFK
VLJQL¿FDQW SURGXFW  LQVWUXPHQW $V SHU 5%, JXLGHOLQHV D
³VLJQL¿FDQW FRXQWHUSDUW\,QVWUXPHQWSURGXFW´ LV GH¿QHG
as a single counterparty/Instrument/product or group
RI FRQQHFWHG RU DI¿OLDWHG FRXQWHUSDUWLHV DFFRXQWLQJ LQ
aggregate for more than 1% of the bank’s total liabilities.
31 ekpZ] 2018 dks cMs tekdrkZvksa }kjk ekscykbt dqy tek,a cSad
dh dqy ns;rkvksa dk 1-42% (31 ekpZ] 2017% 'kwU;) FkhA 31 ekpZ]
2018 dks 'kh"kZ 20 tekdrkZvksa dk ;ksxnku 4-48% ek=k gSA egRoiw.kZ
mRikn@fy[kr esa] cpr fufèk] djsaV fMikftV] tek dk çek.ki=k vkSj
varj cSad tek foÙkiks"k.k tks fd foLr`r #i ls iQSyk gqvk gS cSad ds
fy, ladsUæ.k tksf[ke dks l`ftr ugha dj ldrkA
MsfjosfVo ,DLikstj
cSad ds ikl MsfjosfVOt esa de ,DLikstj gS] tks fd pyfufèk rjyrk
ij dksbZ egRoiw.kZ çHkko ugha Mkyrk gSA
djsalh dk feyku uk gksuk
Hkkjrh; fjtoZ cSad ds fn'kkfunsZ'kksa ds vuqlkj] eqæk egRoiw.kZ ekuh
tkrh gS ;fn ml eqæk dh dqyns;rk cSad dh dqyns;rk dk 5%
;k blls vfèkd gS A gekjs ekeys esa] bl ekud ij dsoy USD
(cSad dh dqy ns;rkvksa dk 9-09%) vkrh gS ftldk ,ylhvkj
gksfjtu esa dqy ckáçokg ij çHkko çcafèkr fd;k tk ldrk gS
D;ksafd cSad ds rqyu i=k ds vkdkj dks ns[krs gq, bldk çHkko
cgqr gh de gSA
pyfufèk çcUèku ds dsUæh;dj.k dh fMxzh vkSj lewg dh
bdkbZ;ksa ds chp laokn
lewg bdkbZ;k¡ pyfufèk çcUèku Lo;a djrh gSA rFkkfi] cSad us
lewg&foLr`r vkdfLed foÙkiks"k.k Iyku fn;k gSA ftlls ruko ds
le; lewg ds #i pyfufèk vis{kkvksa dh iwfrZ dh tk lds A
112
4 PNB Full AR 2017-18 78-124 130718.indd 112
7RWDO GHSRVLWV PRELOL]HG IURP VLJQL¿FDQW FRXQWHUSDUW\V
was 1.42% (March 31, 2017: Nil) of total liabilities of the
Bank as at March 31, 2018. Top 20 depositors of the bank
constitute 4.48% of bank’s total liabilities as at March 31,
7KHVLJQL¿FDQWSURGXFWLQVWUXPHQWLQFOXGHV6DYLQJ
Fund, Current deposit, Core Term Deposit, and Inter-bank
term deposit, the funding from which are widely spread
and cannot create concentration risk for the bank.
Derivative exposure
The bank has low exposure in derivatives having negligible
impact on its liquidity position.
Currency Mismatch
As per RBI guidelines, a currency is considered as
³VLJQL¿FDQW´ LI WKH DJJUHJDWH OLDELOLWLHV GHQRPLQDWHG LQ
that currency amount to 5 per cent or more of the bank’s
total liabilities. In our case, only USD (9.09% of bank’s
total liabilities) falls in this criteria whose impact on total
RXWÀRZV LQ /&5 KRUL]RQ FDQ EH PDQDJHG HDVLO\ DV WKH
impact is minuscule considering the si e of balance sheet
of the bank.
Degree of centralization of liquidity management and
interaction between group’s units
The group entities are managing liquidity on their
own. However, the bank has put in place a group-
wide contingency funding plan to take care of liquidity
requirement of the group as a whole in the stress period.
13-Jul-18 5:38:25 PM
 rjyrk dojst vuqikr ij ek=kkRed çdVhdj.k (lesfdr vkèkkj ij)
(` djksM+ esa)
ekpZ 18 dks lekIr fnlEcj 17 dks lekIr flrEcj 17 dks lekIr twu 17 dks lekIr ekpZ 17 dks lekIr
frekgh frekgh frekgh frekgh frekgh
dqy dqy dqy dqy dqy dqy dqy dqy dqy dqy
vfuèkkZfjr fuèkkZfjr vfuèkkZfjr fuèkkZfjr vfuèkkZfjr fuèkkZfjr vfuèkkZfjr fuèkkZfjr vfuèkkZfjr fuèkkZfjr
ewY; ewY; ewY; ewY; ewY; ewY; ewY; ewY; ewY; ewY;
(vkSlr) (vkSlr) (vkSlr) (vkSlr) (vkSlr) (vkSlr) (vkSlr) (vkSlr) (vkSlr) (vkSlr)
nSfud tkap dh lkèkkj.k vkSlr ds 62 MkVk IokbaV 63 MkVk IokbaV 65 MkVk IokbaV 64 MkVk IokbaV 63 MkVk IokbaV
vkèkkj ij
mPp xq.koÙkk rjy laifÙk
1 dqy mPp xq.koÙkk rjy laifÙk 106677.96 116781.66 125569.33 117874.09 145252.92
(,pD;w,y,)
dS'k vkmVÝyks
2 NksVs O;olk; ds xzkgdksa ls [kqnjk tek 434951.58 40534.79 439247.31 40934.72 431857.56 40202.98 425908.46 39470.10 429605.68 33699.45
vkSj tek ftuesa ls
(i) fLFkj tek 59207.24 2960.36 59800.29 2990.01 59655.47 2982.77 62414.97 3120.75 185222.34 9261.12

(ii) de fLFkj tek 375744.34 37574.43 379447.02 37944.70 372202.09 37220.21 363493.49 36349.35 244383.34 24438.33

3 vlqjf{kr Fkksd èku] ftuesa ls% 138572.48 74355.27 154080.14 90844.59 155061.65 91724.01 148717.50 88284.87 146409.01 87620.37

(i) vkijs'kuy tek (lHkh çfri{kksa) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

(ii) xSj ifjpkyu tek (lHkh çfri{kksa) 138572.48 74355.27 154080.14 90844.59 155061.65 91724.01 148717.50 88284.87 146409.01 87620.37

(iii) vlqjf{kr ½.k 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

4 lqjf{kr Fkksd foÙk iks"k.k 0.00

5 vfrfjDr vko';drkvksa] ftuesa ls 31061.64 25308.57 24003.60 20154.16 21740.25 17814.65 23022.91 19111.44 16862.28 15562.70

(i) O;qRiUu tksf[ke vkSj vU; tekur ds 24653.56 24653.56 19749.03 19749.03 17419.18 17419.18 18712.02 18712.02 15451.51 15451.51
vko';drkvksa ls lacaf/kr cfgokZg
(ii) ½.k mRiknksa ij èku dh gkfu ls 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
lacafèkr cfgokZg
(iii) ØsfMV vkSj rjyrk dh lqfoèkk;sa 6408.08 655.00 4254.57 405.13 4321.07 395.47 4310.89 399.42 1410.77 111.19

6 vU; lafonkRed nkf;Roksa ds foÙk iks"k.k 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

7 vU; vkdfLed foÙk iks"k.k ds nkf;Ro 147388.47 5691.84 149386.11 5768.56 144837.68 5581.68 141411.53 5407.73 142285.00 5676.02

8 dqy dS'k vkmVÝyks 145890.47 157702.03 155323.33 152274.14 142558.54

udnh çokg
10 lqjf{kr ½.k (tSls jsiks fjolZ) 18530.27 16240.58 18571.41 16200.02 21717.27 19046.54 25556.48 23004.22 22894.95 20110.58

11 iwjh rjg ls çn'kZu dj tksf[ke ls 33742.32 33742.32 33809.34 33809.34 27782.17 27782.17 28618.60 28618.60 20982.63 20984.84
varokZg
12 vU; udnh çokg 52272.60 49982.90 52380.75 50009.36 49499.44 46828.71 54175.08 51622.82 43877.58 41095.42

13 dqy ,pD;w,y, 106677.96 116781.66 125569.33 117874.09 145252.92

14 dqy usV udn cfgokZg 95907.57 107692.67 108494.62 100651.31 101463.12

15 pyfuf/ dojst vuqikr (%) 111.23 108.44 115.74 117.11 143.16

113

4 PNB Full AR 2017-18 78-124 130718.indd 113 13-Jul-18 5:38:26 PM

 QUANTITATIVE DISCLOSURE ON LIQUIDITY COVERAGE RATIO (ON CONSOLIDATED BASIS)

(` in Crore)

Quarter ended Mar'18 Quarter ended Dec'17 Quarter ended Sep'17 Quarter ended June'17 Quarter ended Mar'17

Total Total Total Total Total Total Total Total Total Total
Unweighted Weighted Unweighted Weighted Unweighted Weighted Unweighted Weighted Unweighted Weighted
Value Value Value Value Value Value Value Value Value Value
(average)* (average) (average) (average) (average) (average) (average) (average) (average) (average)

Based on the simple average of 62 Data Points 63 Data Points 65 data Points 64 Data Points 63 Data Points
daily observations

High Quality Liquid Assets

1 Total High Quality Liquid Assets 106677.96 116781.66 125569.33 117874.09 145252.92
(HQLA)

&DVK2XWÀRZV

2 Retail deposits and deposits from 434951.58 40534.79 439247.31 40934.72 431857.56 40202.98 425908.46 39470.10 429605.68 33699.45
small business customers of which :

(i) Stable deposits 59207.24 2960.36 59800.29 2990.01 59655.47 2982.77 62414.97 3120.75 185222.34 9261.12

(ii) Less stable deposits 375744.34 37574.43 379447.02 37944.70 372202.09 37220.21 363493.49 36349.35 244383.34 24438.33

3 Unsecured wholesale funding, of 138572.48 74355.27 154080.14 90844.59 155061.65 91724.01 148717.50 88284.87 146409.01 87620.37
which:

(i) Operational deposits (all 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
counterparties)

(ii) Non-operational deposits (all 138572.48 74355.27 154080.14 90844.59 155061.65 91724.01 148717.50 88284.87 146409.01 87620.37
counterparties)

(iii) Unsecured debt 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

4 Secured wholesale funding 0.00

5 Additional requirements, of which 31061.64 25308.57 24003.60 20154.16 21740.25 17814.65 23022.91 19111.44 16862.28 15562.70

(i) 2XWÀRZVUHODWHGWRGHULYDWLYH 24653.56 24653.56 19749.03 19749.03 17419.18 17419.18 18712.02 18712.02 15451.51 15451.51
exposures and other collateral
requirements

(ii) 2XWÀRZVUHODWHGWRORVVRIIXQGLQJRQ 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
debt products

(iii) Credit and liquidity facilities 6408.08 655.00 4254.57 405.13 4321.07 395.47 4310.89 399.42 1410.77 111.19

6 Other contractual funding obligations 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

7 Other contingent funding obligations 147388.47 5691.84 149386.11 5768.56 144837.68 5581.68 141411.53 5407.73 142285.00 5676.02

8 7RWDO&DVK2XWÀRZV 145890.47 157702.03 155323.33 152274.14 142558.54

&DVK,QÀRZV

10 ,QÀRZVIURPIXOO\SHUIRUPLQJ 18530.27 16240.58 18571.41 16200.02 21717.27 19046.54 25556.48 23004.22 22894.95 20110.58
exposures

11 2WKHUFDVKLQÀRZV 33742.32 33742.32 33809.34 33809.34 27782.17 27782.17 28618.60 28618.60 20982.63 20984.84

12 7RWDO&DVK,QÀRZV 52272.60 49982.90 52380.75 50009.36 49499.44 46828.71 54175.08 51622.82 43877.58 41095.42

13 TOTAL HQLA 106677.96 116781.66 125569.33 117874.09 145252.92

14 7RWDO1HW&DVK2XWÀRZV 95907.57 107692.67 108494.62 100651.31 101463.12

15 Liquidity Coverage Ratio (%) 111.23 108.44 115.74 117.11 143.16

114

4 PNB Full AR 2017-18 78-124 130718.indd 114 13-Jul-18 5:38:26 PM

 38- vU; fVIif.k;ka
,- vkjchvkbZ ds fn'kkfunsZ'kkuqlkj] cSad us ikap o"kZ ls vfèkd dh var% 'kk[kk
çfof"V;ksa dh jkf'k dks vo#¼ [kkrs esa varfjr djus dk dk;Z fd;k gSA rnuqlkj]
` 12-93 djksM+ dh jkf'k (lek;kstu ds ckn dh fuoy jkf'k) dks vuqlwph 5
esa ¶vU; ns;rk,a & vU;¸ 'kh"kZd ds vUrxZr vyx ls 'kkfey fd;k x;k gSA
varj 'kk[kk ½.k çfof"V] vo#¼ vkSj lkekU; fjtoZ dks varfjr ds fo#¼ ekpZ
2018 esa lekIr vofèk (01-04-2017 ls 31-03-2018 rd) ds nkSjku dksbZ nkok
çkIr ugha gqvk gSA
ch- ifjlj lfgr%&
I. ` 2-60 djksM+ ('kq¼ ewY;gkl) ykxr ` 8-05 djksM+ dh jkf'k dh vkB
laifÙk;k¡ ftudh fuoy iquewZY;kafdr jkf'k ` 111-74 djksM+ gSa (ewY;gkl
ds ckn ekpZ 18 rd)] LoRo foys[k ds iathdj.k dh çrh{kk dj jgh gSA
II. ` 21-15 djksM+ dk iwathxr dk;Z pkyw gSA
III. yhtgksYM laifÙk gsrq fnYyh fodkl çkfèkdj.k ds ikl tek fd;k x;k
` 5-29 djksM+ dk ifjorZu 'kqYd iwathÑr gS] MhMh, esa fu"iknu gsrq iw.kZ
LokfeRo foys[k ÚhgksYM MhM yafcr gSA
IV. laifÙk gsrq gqMk dks Hkqxrku fd;k x;k ` 1-95 djksM+ dk foLrkj 'kqYd]
ikfylh ds vuqlkj iwathÑr gS Hkw[kaM ij fuekZ.k 'kq: gksuk vHkh ckdh gSA
lh laifÙk] la;a=k vkSj midj.k ij ys[kkadu ekud & 10 (la'kksfèkr 2016) 1 vçSy
2017 ls ykxw gS] LFkkbZ laifÙk;ksa ds iquewZY;kafdr Hkkx ij bl o"kZ ds ewY;gkl
` 66-71 djksM+ dks] bl o"kZ ds nkSjku ykHk ,oa gkfu [kkrs esa tek djus ds LFkku
ij iquewZY;kadu fjtoZ ls jktLo fjtoZ esa varfjr fd;k x;k gSA
Mh fofHkUu ewY;kadu o"kksaZ ds fy, dj ekaxksa esa cSad }kjk foHkkx@Hkqxrku }kjk lek;ksftr
fookfnr jkf'k lfgr ¶vU; vkfLr;ksa¸ ds rgr çnf'kZr gksus ds lzksr ij dVkSrh
fd, x, x, vfxze@dj esa dj Hkqxrku 'kkfey gSA ` 1260-92 djksM+ (fiNys o"kZ
` 674-50 djksM+) dh fookfnr vk;dj ekax ds lacaèk esa dksbZ çkoèkku vko';d
ugha le>k x;k gS D;ksafd cSad dh jk;] bu eqnnksa ij fo'ks"kK dh jk; vkSj@
vFkok cSad dh vihyksa ij gq, fu.kZ; ds vuqleFkZu ds vuqlkj fd, x, ifjoèkZu@
vLohÑfr;ka èkkj.kh; ugha gSA
bZ 1- cSad us foÙkh; o"kZ 2017&18 ds nkSjku lsch fofu;e 2009] ds çkoèkku
(iwath vkSj çdVhdj.k dh vko';drkvksa dk ekeyk) ds vuqlkj] dqy
38. Other Notes
a. As per RBI guidelines, the Bank has worked out the amount of
inter Branch Credit entries outstanding for more than Five years to
be transferred to Blocked Account. Accordingly, a sum of ` 12.93
crores (net of adjustments since carried out) has been included
under “Other Liabilities-others” in Schedule-5.
No claim has been received during the period ended March 2018
(01.04.2017 to 31.03.2018) against Inter Branch Credit entries,
Blocked and transferred to General Reserve.
b. Premises includes:-
I. Eight properties amounting to ` 2.60 crore (Net of Depreciation)
Cost ` 8.05 crore having net Revalued amount of ` 111.74
crore (after Depreciation upto March 18) are awaiting
registration of title deeds.
II. Capital work in progress of ` 21.15 crore.
III. A conversion fee of ` 5.29 crore deposited with Delhi
Development Authority for a leasehold property is capitali ed,
free hold deed is pending for execution at DDA.
IV. An extension fee of ` 1.95 Crore paid to HUDA for a property
is capitali ed as per policy, construction on the plot is yet to
be started.
c. Pursuant to the Accounting Standard – 10 (Revised 2016) on
Property, Plant & Equipment, applicable from 1st April 2017,
depreciation of ` 66.71 Crores for the year on revalued portion
of Fixed Assets has been transferred during the year from the
Revaluation Reserve to Revenue Reserve instead of Crediting to
3UR¿W /RVV$FFRXQW
d. Tax Paid in advance/Tax deducted at source appearing under “Other
Assets includes disputed amount adjusted by the department/paid
by the Bank in respect tax demands for various assessment years.
No provision is considered necessary in respect of disputed Income
Tax demands of ` 1260.92 Crore (previous year ` 674.50 Crore) as
in the bank’s view, duly supported by expert opinion and/or decision
in bank’s own appeals on same issues, additions / disallowances
made are not sustainable.
e. 1. During the Financial year 2017-18 the Bank has issued
29,76,19,047 equity shares having Face Value of ` 2.00 each
` 5000 djksM+ ds ` 166-00 çfr 'ks;j ds çhfe;e ij] ` 2-00 çfr 'ks;j
ds vafdr ewY; okys 29]76]19]047 bfDoVh 'ks;j tkjh fd, gSaA
2- cSad us foÙkh; o"kZ 2017&18 ds nkSjku lsch (vkbZlhMhvkj) fofu;e] 2009]
le;&le; ij ;Fkkla'kksfèkr] ds vè;k; VII ds lanHkZ esa cksMZ }kjk fuèkkZfjr
` 161-38 çfr 'ks;j ds çhfe;e ij Hkkjr ljdkj dks ` 2-00 çfr 'ks;j ds
334985922 bfDoVh 'ks;j vkoafVr fd, gSaA bl [kkrs esa cSad }kjk çkIr dqy
jkf'k ` 5473-00 djksM+ gS ftlesa bfDoVh iwath ds :i esa ` 67-00 djksM+
vkSj çhfe;e ds :i esa ` 5406-00 djksM+ 'kkfey gSaA
,iQ foÙkh; o"kZ 2017&2018 ds nkSjku dh xbZ [kjhn gsrq lw{e] y?kq vkSj eè;e m|e
fodkl vfèkfu;e] 2006 esa fn, x, fn'kkfunsZ'kksa dk ikyu fd;k x;k gS vkSj
vfèkfu;e ds vuqlkj le; ij foØsrkvksa dks Hkqxrku fd;k x;k gSA pwafd Hkqxrku
esa dksbZ nsjh ugha gqbZ Fkh] blfy, foÙkh; o"kZ 2017&18 esa dksbZ naM C;kt ugha
yxk;k x;k gSA
th iwath vko';drk dks iwjk djus gsrq ik=k ½.k midj.kksa ds vfrfjDr cSad
}kjk tkjh çfrHkwfr jfgr] czkaM ds fy, fofu;e 52(4) ds çkoèkkuksa ds lanHkZ
esa] lsch (lwphc¼ nkf;Ro vkSj çdVhdj.k vko';drk,a) fofu;eu] 2015 ds
varxZr tkudkjhA
PNB Full AR 2017-18 78-12 160718.indd 115
for cash, SXUVXDQWWRD4XDOL¿HG,QVWLWXWLRQDO3ODFHPHQW4,3
in accordance with the provisions of SEBI (Issue of Capital and
Disclosure Requirements) Regulations, 2009 at a Premium of
` 166.00 per share aggregating ` 5000 crore.
2. During the Financial Year 2017-18 the bank has allotted
334985922 equity shares of ` 2.00 each to Government of
India at a premium of ` 161.38 per share as determined by
the Board in terms of the Chapter VII of the SEBI (ICDR)
Regulations, 2009, as amended from time to time on
preferential basis. The total amount received by the bank on
this account is ` 5473.00 crores which includes ` 67.00 crores
as equity capital and ` 5406.00 crores as premium.
f. The guidelines given in Micro, Small and Medium Enterprises
Development Act 2006 have been complied with for purchases
made during the Financial Year 2017- 2018 and payments have
been made to the Vendors in time as per Act. Since there had
been no delay in payment, so no penal interest has been paid in
FY 2017-18.
g. Information under SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, in terms of the provisions of
Regulation 52(4) for unsecured bonds issued by bank excluding
Debt instruments eligible for meeting capital requirement.
115
16-Jul-18 1: 9: 9 PM
 Ø- ih,uch ckaM~l vkbZ,l C;kt mDr jsfVax jsfVax jsfVax bafM;k jsfVax fØfly Sl. PNB BONDS ISIN DATE OF Whether Rating Rating Rating Rating Remark
la- lhjht vkbZ,u Hkqxrku Hkqxrku vkbZlhvkj, lh,vkjbZ jsfVax No. SERIES NO. PAYMENT the ICRA CARE India CRISIL
OF same Rating
la- dh fd;k x;k
INTEREST has
frfFk ;k ugha been
1 nh?kkZofèk ck.M vkbZ,ubZ 09-02- Hkqxrku ykxw ugha AA @@** AAA@*** AAA@@***** ***17-02-2018 dh jsfVax paid or
not
(mèkkj lhfjt I 160A 2018 ds vuqlkj jsfVax vkmVyqd
(8-23%) 08068 dks fLFkj ls udkjkRed ds 1 Long Term INE 09.02.2018 Paid NA AA @@** AAA@*** AAA@@***** ***Rating outlook
varxZr fuxjkuh esa ifjofrZr Bonds 160A has been changed
(Borrowing) 08068 from stable to under
dj fn;k x;k gSA series I watch negative as
****16-02-2018 dh jsfVax (8.23 %) per rating dated
ds vuqlkj jsfVax vkmVyqd 17.02.2018.
dks fLFkj ls udkjkRed ds **** Rating outlook
varxZr fuxjkuh esa ifjofrZr has been changed
from stable to under
dj fn;k x;k gSA watch negative as
2 nh?kkZofèk vkbZ,ubZ 26-03- Hkqxrku AA @* AA @@** ykxw ugha AAA@@***** * 19-02-2018 dh jsfVax per rating dated
ck.M (mèkkj 160A 2018 ds vuqlkj jsfVax vkmVyqd 16.02.2018.
lhfjt II 08084 dks fLFkj ls fuxjkuh esa 2 Long Term INE 26.03.2018 Paid AA @* AA @@** NA AAA@@***** *Rating outlook
(8.35 %) ifjofrZr dj fn;k x;k gSA Bonds 160A has been changed
**20-02-2018 dh jsfVax (Borrowing) 08084 from stable to under
series II watch as per rating
ds vuqlkj jsfVax vkmVyqd (8.35 %) dated 19.02.2018.
dks fLFkj ls fuxjkuh esa **Rating outlook
ifjofrZr dj fn;k x;k gSA has been changed
from stable to under
@ fuxjkuh jsfVax ds varxZr udkjkRed vk'k; watch as per rating
dated 20.02.2018.
@@ (fuxjkuh jsfVax ds varxZr fodklkRed vk'k;)
@ Under rating watch with negative implications
,p vkjchvkbZ i=k la- Mhchvkj-u-chih-13018@21-04-048@2015&16 fnukad 12-04- @@ (Under rating watch with Developing Implications)
2016 vkSj chihlh-7201@21-04-132@2017&18 fnukad 08-02-2018 dh vuqikyuk h. In compliance of RBI letter no. DBR.NO.BP.13018/21.04.048/
esa] cSad us iatkc jkT; ljdkj }kjk fy, x, iquxZfBr [kk| ½.k vfxze ds lacaèk 2015-16 dated 12.04.2016 and BPC.7201/21.04.132/2017-18
esa] fnukad 31--03-2018 rd ` 1355-19 djksM+ ds ekStwnk cdk;k ds 5% vFkkZr dated 08.02.2018, Bank has made a provision of ` 67.76 crore
` 67-76 djksM+ dk çkoèkku fd;k gSA being 5% of the existing outstanding of ` 1355.19 crore as on
31.03.2018 in respect of restructured Food Credit advance availed
vkbZ vkjchvkbZ ifji=k la- vkjchvkbZ@2015&16@376 Mhchvkj-u-chih- by State Government of Punjab.
chlh-92@21-04-048@2015&16 fnukad 18-04-2016 ds vuqlkj çkoèkkuhdj.k i. Provisioning pertaining to fraud accounts due to amendment in
ekudksa esa la'kksèku ds dkj.k èkks[kkèkM+h [kkrksa ls lacafèkr çkoèkku% provisioning norms as per RBI Circular no. RBI/2015-16/376 DBR.
(` djksM+ esa) No.BP.BC.92/21.04.048/2015-16 dated 18.04.2016:
Js.kh foÙkh; o"kZ foÙkh; o"kZ foÙkh; o"kZ xSj& (` in Crores)
2017&18 ds nkSjku 2017&18 ds 2017&18 ifj'kksfèkr Category No. of Fraud Amount involved Quantum of Un-
çfrosfnr èkks[kkèkM+h nkSjku çfrosfnr ds nkSjku çkoèkku cases reported in fraud reported provision amortized
ds ekeyksa dh èkks[kkèkM+h esa çkoèkku dh during the FY during the FY during the provisions
2017-18 2017-18 FY 2017-18
la[;k 'kkfey jkf'k ek=kk
Borrowal 81 8980.44 3924.49 5684.16
mèkkjh 81 8980.44 3924.49 5684.16
Non-Borrowal 132 6521.21 5299.83 1494.26
xSj&mèkkjh èkks[kkèkM+h 132 6521.21 5299.83 1494.26
Frauds
dqy 213 15501.65 9224.32 7178.42
Total 213 15501.65 9224.32 7178.42

116

4 PNB Full AR 2017-18 78-124 130718.indd 116 13-Jul-18 5:38:27 PM

 ts 31 ekpZ 2018 dks lekIr frekgh ds nkSjku] gekjh czSMh gkml] eqacbZ 'kk[kk esa
,d èkks[kkèkM+h dk irk pyk ftlesa tsEl ,aM ToSyjh lsDVj ds varxZr dqN [kkrs
'kkfey Fks] tgka bu laLFkkvksa vkSj cSad ds dqN deZpkfj;ksa ds chp Li"V lgefr
ds ekè;e ls] dqN ysVj vkWiQ vaMjVsfdax (,yvks;w)@iQkWjsu ysVj vkWiQ ØsfMV
(,iQ,ylh) dks cSad dh fLoÝV ç.kkyh ds nq#i;ksx ds ekè;e ls Hkkjrh; cSadksa
dh dqN fons'kh 'kk[kkvksa dks diViwoZd vkSj vufèkÑr rjhds ls tkjh fd;k x;k ]
ftls lhch,l ds lkFk ,dhÑr ugha fd;k x;k FkkA fofHkUu dsaæh; tkap ,tsafl;ksa
}kjk èkks[kkèkM+h dh tkap py jgh gSA
,yvks;w@,iQ,ylh ds dkj.k ns;rk,a tks fd 31-03-18 rd ` 6586-11 djksM+
gks xbZ gSa] dk Hkqxrku cSad }kjk lacafèkr cSadksa ds opui=k ij fd;k x;k gS]
ftlds vuqlkj ;fn os l{ke {ks=kkfèkdkj ds U;k;ky; ;k Hkkjrh; fofèk ds varxZr
fdlh tkap ,tsalh dks ,sls ,yvkslh @,iQ,ylh feyrs gSa] ftUgsa lacafèkr cSadksa ds
ekStwnk ;k HkwriwoZ vfèkdkfj;ksa @ deZpkfj;ksa }kjk dfFkr èkks[kkèkM+h dh tkudkjh
esa ;k dfFkr èkks[kkèkM+h dh feyhHkxr ls tkjh fd;k x;k gS] rks os cSad dks bl
jkf'k dh çfriwfrZ djsaxsaA blds vfrfjDr] ,d nwjn'khZ mik; ds :i esa] cSad us
,yvks;w@,iQ,ylh ds lacaèk esa] cfg;ksa esa ns;rk,a l`ftr dh gS] ftudh jkf'k
31-03-2018 ds ckn ` 6959-79 djksM+ gks xbZ gSA cSad ,y;w;w @ ,iQ,ylh
dh ns; frfFk;ksa ij lacafèkr cSadksa dks Hkqxrku djsxkA mi;qZDr laLFkkvksa dks vU;
½.k lqfoèkkvksa ds varxZr cdk;k jkf'k 'kkfey djus ds ckn] vc 'kkfey jkf'k
` 14356-84 djksM+ gks xbZ gSA
Hkkjrh; fjtoZ cSad us vius i=k la- 8720@21-04-132@2017&18 fnukad 28-03-
2018 ds ekè;e ls ¶vU; fjtoZ¸ dks MsfcV fd, fcuk 25% dh nj ls bl
èkks[kkèkM+h ds fo#¼ çkoèkku djus dh vuqefr nh gS vkSj vkxkeh foÙkh; o"kZ dh
igyh rhu frekfg;ksa ds nkSjku 'ks"k jkf'k çnku djus dh vuqefr nh gSA rFkkfi] cSad
us vko';d nj ls vfèkd vFkkZr 50% dh nj ls ` 7178-42 djksM+ ds çkoèkku
fd, gSa rFkk vkjchvkbZ dh O;oLFkk ds vuqlkj vkxkeh foÙkh; o"kZ esa ` 7178-42
djksM+ jkf'k ds 'ks"k çkoèkku fd, tk,axsaA
ds vkbZ,uMh ,,l ds dk;kZUo;u gsrq dk;Zuhfr
¶vuqlqfpr okf.kfT;d cSadksa ({ks=kh; xzkeh.k cSadksa ds vfrfjDr)] chekdrkZ@chek
daifu;ksa vkSj xSj&cSafdax foÙkh; daifu;ksa gsrq vkbZ,uMh ,,l] dsaæh; dkWiksZjsV
J. During the quarter ended 31st March 2018, a fraud was detected at
our Brady House, Mumbai branch involving certain accounts under
Gems & Jewellery Sector where through apparent connivance
between these entities and few employees of the Bank, some
Letters of Undertaking (LOUs)/Foreign Letter of Credit (FLCs) were
issued fraudulently and in unauthorised manner to certain overseas
branches of Indian Banks through the misuse of SWIFT system of
the Bank which was then not integrated with CBS. The fraud is
under investigation by various central investigating agencies.
The liabilities on account of LOUs/ FLCs which became due upto
31.03.18 amounting to ` 6586.11 crore have been paid by the Bank
on the undertaking of concerned banks that they will reimburse
the amount to the Bank if the court of competent jurisdiction or
DQ LQYHVWLJDWLRQ DJHQF\ XQGHU ,QGLDQ ODZV ¿QGV VXFK /2&V)/&
to have been issued pursuant to the knowledge of the alleged
fraud or collusion in the alleged fraud by any existing or past
RI¿FLDOVHPSOR\HHVRIWKHFRQFHUQHGEDQNV)XUWKHUDVDSUXGHQW
measure, Bank has created liability in the books in respect of
LOUs/FLCs which are becoming due after 31.03.18 amounting
to ` 6959.79 crores. Bank will make payments to the concerned
banks on the due dates of LOUs/FLCs. After including outstanding
amounts under other credit facilities to the above entities, the
amount involved now works out to ` 14356.84 crore.
RBI vide their letter no. 8720/21.04.132/2017-18 dtd 28.03.2018
has permitted the Bank to make provisions against this fraud
@25% without debiting “Other Reserves” and provide remaining
DPRXQW GXULQJ ¿UVW WKUHH TXDUWHUV RI WKH HQVXLQJ ¿QDQFLDO
year. However, Bank has made higher than required provisions
@50% amounting to ` 7178.42 crore and remaining provision of
`FURUHVZLOOEHPDGHLQWKHHQVXLQJ¿QDQFLDO\HDULQWHUPV
of RBI’s dispensation.
k. The Strategy for IND AS Implementation
“IND AS roadmap for scheduled commercial banks (excluding
regional rural banks), insurers/insurance companies and non-
ekeyksa ds ea=kky; (,evkslh) }kjk çsl foKfIr fnukad 18 tuojh 2018 ds
ekè;e ls tkjh fd, x,A vkbZ,uMh ,,l ,elh, dh çsl foKfIr ds vuqlkj]
foÙkh; o"kZ 2018&19 ls cSad ij ykxw FkkA bl lacaèk esa] Hkkjrh; fjtoZ cSad
(vkjchvkbZ) us foÙkh; o"kZ 2018&19 ls vkbZ,uMh ,,l ds dk;kZUo;u gsrq
vfèklwpuk (vkjchvkbZ @ 2015 16@315 Mhchvkj-chih-chlh,u-,u-,u-,- @ 21-
EDQNLQJ ¿QDQFLDO FRPSDQLHV 1%)&V ZDV LVVXHG E\ 8QLRQ
Ministry of Corporate Affairs (MCA) through press release
dated 18 January 2016. IND AS was applicable to the Bank in
DFFRUGDQFHZLWKWKH0&$SUHVVUHOHDVHIURP¿QDQFLDO\HDU
19. In pursuance to this Reserve Bank of India (RBI) had issued
QRWL¿FDWLRQ5%,'%5%3%&1R
16) dated 11 February 2016 for implementation of IND AS from
07-001 @ 2015&16) fnukad 11 iQjojh 2016 tkjh dh Fkh] ijarq çsl foKfIr
(2017&18 @ 2642) ds ekè;e ls] vkjchvkbZ us foÙkh; o"kZ 2019 &20 ls
vkbZ,uMh ,,l (Hkkjrh; ys[kkadu ekud) ds dk;kZUo;u dks LFkfxr dj fn;k gSA
cSad us foÙkh; o"kZ 2016&17 ls vkbZ,uMh ,,l (Hkkjrh; ys[kkadu ekud) ds
dk;kZUo;u dh çfØ;k 'kq: dh gSA
dk;kZUo;u dh çxfr dh fuxjkuh gsrq dk;Zdkjh funs'kd dh vè;{krk okyh ,d
lapkyu lfefr ftles cSad ds fofHkUu dk;kZRed {ks=kksa ds egkçcaèkd Hkh 'kkfey
gS] dk xBu fd;k x;k gSA cSad ds ikl dk;kZUo;u ds fy, ,d ;kstukc¼ j.kuhfr
gS vkSj bl dk;Z esa dkiQh çxfr gqbZ gSA pkyw ys[kkadu <kaps vkSj vkbZ,uMh ,,l ds
chp vlekurkvksa dh igpku djus ds fy, cSad us funkudkjh vè;;u iwjk fd;k
gSA ¶bl funkudkjh vè;;u ds vkèkkj ij cSad us çHkko dk ifjek.k fuèkkZfjr fd;k
gS vkSj flracj 2016 dks lekIr gqbZ Nekgh ds fy, çks&iQkWekZ foÙkh; fooj.k nk;j
fd;k gS rFkk twu 2017 esa lekIr frekgh esa Hkkjrh; fjtoZ cSad dks nk;j fd;k
FkkA cSad vc dksj cSafdax ç.kkyh esa vko';d ifjorZuksa dk vkdyu dj jgk gS
vkSj igys ls gh visf{kr ½.k gkfu ekWMy rS;kj djus dh 'kq#vkr dj pqdk gSA
,d ckj pkyw ys[kkadu :ijs[kk ds varxZr okf"kZd foÙkh; fooj.k dks vafre :i
fn, tkus ds ckn] cSad vkbZ,uMh ,l Vªkaft'ku ds fy, vksifuax cSysal 'khV dks
rS;kj djus dh 'kq#vkr djsxk A¸
,y cSad dh çkFkfedrk {ks=k ½.k çek.k i=k ds varxZr 8339-50 djksM+ #i;s
dh 33358 bdkb;ka csph gSa vkSj buesa ls 4315 djksM+ (17260 bdkb;ka)
ih,llh,y&y?kq ,oa lhekar fdlku Js.kh esa Fkha vkSj 4024-50 djksM+ (16098
bdkb;ka) ih,llh,y&tujy ih,l dh Js.kh esa gSA cSad us bl fcØh ds ekè;e
ls ` 14-44 djksM+ dh vk; vftZr dh gSA
4 PNB Full AR 2017-18 78-124 130718.indd 117
¿QDQFLDO \HDU  EXW YLGH 3UHVV 5HOHDVH 
dated 5 April 2018, RBI has deferred implementation of IND AS
WR¿QDQFLDO\HDU7KH%DQNKDVFRPPHQFHGWKHSURFHVV
of IND AS (Indian Accounting Standards) implementation from
¿QDQFLDO\HDU
A steering committee headed by the Executive Director and
comprising of General Managers from various cross functional
areas of the Bank to monitor the progress of the implementation is
formed. The Bank has a well-planned strategy for its implementation
and has made substantial progress in this exercise. The Bank has
completed a diagnostic study to identify the differences between
the current accounting framework and IND AS. Based on this
GLDJQRVWLFVWXG\WKH%DQNKDVTXDQWL¿HGWKHLPSDFWDQG¿OHGWKH
SURIRUPD¿QDQFLDOVWDWHPHQWVIRUWKHKDOI\HDUHQGHG6HSWHPEHU
2016 and quarter ended June 2017 with the Reserve Bank of India.
Bank is now assessing the changes, wherever required in the core
banking system and has already initiated formulation of Expected
&UHGLW /RVV 0RGHOV 2QFH WKH DQQXDO ¿QDQFLDO VWDWHPHQWV XQGHU
WKH FXUUHQW DFFRXQWLQJ IUDPHZRUN DUH ¿QDOL]HG WKH %DQN ZLOO
prepare the Opening Balance Sheet as at 01.04.2018 for the IND
AS transition.”
l. %DQNKDVVROGXQLWVXQGHU3ULRULW\6HFWRU/HQGLQJ&HUWL¿FDWH
amounting to the tune of ` 8339.50 Crore and out of which
` 4315 Crore (17260 units) was in the category of PSCL-Small &
Marginal Farmer category and ` 4024.50 Crore (16098 units) is in
the category of PSCL-General PS. Bank has earned an income
amounting to ` 14.44 Crore through this sale.
117
13-Jul-18 5:38:27 PM
 ,e vkjchvkbZ us vius ifji=k Mhchvkj la chih-chlh-101 @ 21-04-048 @ 2017&18
fnukad 2 vçSy] 2018 ds ekè;e ls cSadksa dks 31 fnlacj] 2017 vkSj 31 ekpZ]
2018 dks lekIr frekfg;ksa ds fy, ,,iQ,l vkSj ,p,iQVh fuos'k ij cktkj gkfu
ds fu'kku dks fpfUgr djus ds fodYi dh vuqefr nh gS] tks fd leku :i ls
frekgh ds lkFk 'kq: gksus okys pkj frekfg;ksa esa tks uqdlku gqvk gSA rnuqlkj]
cSad us 31 fnlacj] 2017 vkSj 31 ekpZ] 2018 dks lekIr frekfg;ksa ls lacafèkr
` 741-42 djksM+ #i;s ds ewY;ákl dks çHkkfjr fd;k gS vkSj vkxkeh foÙkh; o"kZ
dh vuqorhZ frekfg;ksa esa ` 1088-28 djksM+ dh ,eVh,e gkfu dks çlkfjr fd;k gSA
,u foÙkh; o"kZ 2017&18 ds nkSjku] cSad us vius lg;ksxh çfr"Bku ih,uch gkmflax
iQkbusal fyfeVsM esa ` 1231-59 djksM+ ds ykHk lfgr ` 1311-40 djksM+ ds
9815860 'ks;j csps gSaA
vks fnokfy;kiu çfØ;k 'kq: djus ds fy, Hkkjrh; fjtoZ cSad ds fn'kkfunsZ'kksa ds vuqlkj
& fnokyk vkSj v'kksèku dksM (vkbZchlh) ds çkoèkkuksa ds varxZr doj fd, x, 09
mèkkj [kkrksa ds lacaèk dks i=k la[;k Mhchvkj-No-BO195199@21-04-048@2016&17
fnukad 23 twu] 2017 ds ekè;e ls cSad dks vfrfjDr çkoèkku djus FksA blh
çdkj] vkjchvkbZ ds fn'kkfunsZ'kkuqlkj] fnokyk vkSj v'kksèku dksM (vkbZchlh) dh
çfØ;k ds varxZr doj 20 mèkkj [kkrksa ds lacaèk esa] i=k la[;k Mhvkj,u-chih
-1906 @ 21-04-049 @ 2017&18 fnukad 28 vxLr] 2017 ds ekè;e ls] cSad
dks vfrfjDr çkoèkku djuk vko';d FkkA blds vykok] fnokyk vkSj v'kksèku
dksM (vkbZchlh) ds çkoèkkuksa ds varxZr doj dh xbZ igyh vkSj nwljh lwph esa
'kkfey çkoèkkuksa dks çlkfjr djus ds lacaèk esa] 2 vçSy] 2018 ds vkjchvkbZ
laçs"k.k Mhchvkj-chih-8756@21-04@2017&18 ds vuqlkj] cSad us miyCèk forj.k
ds fodYi dk ykHk mBk;k ftlds ifj.kkeLo:i ,sls [kkrksa esa ` 1684-14 djksM+
dk çkoèkku de dj fn;k x;k gSA
ih Hkkjrh; fjtoZ cSad us vius laçs"k.k Mhchvkj,u-chih-chlh-9 730 @ 21-04-18 @
2017&18 fnukad 27 vçSy] 2018 ds ekè;e ls cSadksa dks 31 ekpZ] 2018 dks
lekIr frekgh ds lkFk 'kq: gksus okys pkj frekfg;ksa esa xzSP;qbVh vfèkfu;e 1972
ds Hkqxrku ds rgr 29-03-2018 ls xzSP;qbVh lhek ` 10-00 yk[k ls ` 20-00
yk[k c<+kus ds dkj.k vfrfjDr ns;rk çlkfjr djus dk fodYi fn;k gSA cSad us
bl fodYi dk mi;ksx fd;k gS vkSj 31 ekpZ] 2018 dh frekgh ds nkSjku 63-45
djksM+ dk çHkkj yxk;k gS vkSj vkxkeh foÙkh; o"kZ ds ckn dh rhu frekgh esa
` 190-00 djksM+ :i;s foyafcr dj fn;k gSA
D;w vkjchvkbZ vius ifji=k Mhchvkj la chih-chlh-101@21-04-048@2017&18 fnukad
12 iQjojh] 2018 ds ekè;e ls nckoxzLr vkfLr;ksa ds lekèkku ds fy,] tks
,lMhvkj ds ekStwnk fn'kkfunsZ'kksa dk vfèkØe.k djrh gS] ,lMhvkj ds ckgj
LokfeRo esa ifjorZu (dk;kZUo;u ds rgr ifj;kstukvksa dks NksM+dj) vkSj ,l 4 ,
rRdky çHkko ls ,d la'kksfèkr :ijs[kk tkjh dhA la'kksfèkr :ijs[kk ds varxZr] mu
[kkrksa ds ykHk tgka bu ;kstukvksa esa ls dksbZ Hkh ykxw dh xbZ Fkh ysfdu vHkh rd
iwjh rjg dk;kZfUor ugha fd;k x;k Fkk] rnuqlkj bu [kkrksa dks vk; ekU;rk vkSj
vkfLr oxhZdj.k ij ekStwnk vkjchvkbZ ekunaMksa ds vuqlkj oxhZÑr fd;k x;k gSA
39- 1- tgka Hkh vko';d gks] fiNys o"kZ ds vkadM+ksa dks iqu%lewfgr@
iqu%O;ofLFkr@ iqu%oxhZÑr fd;k x;k gSaA
2- dks"Bd esa tgka Hkh vkadMsa fn, x, gSa] fiNys o"kZ ls lacafèkr
gSaA
118
4 PNB Full AR 2017-18 78-124 130718.indd 118
m. RBI vide its Circular DBR. No. BP.BC.101/21.04.048/2017-18
dated April 2, 2018 has permitted banks an option to spread
mark to market loss on AFS & HFT investment for quarters ended
December 31, 2017 and March 31, 2018, equally over the four
quarters commencing with the quarter in which the loss is incurred.
Accordingly, the Bank has charged depreciation of ` 741.42 Crores
related to quarters ended December 31, 2017 and March 31,
2018 and spread MTM losses to tune of ` 1088.28 Crore to the
VXEVHTXHQWTXDUWHUVRIWKHHQVXULQJ¿QDQFLDO\HDU
n. During the Financial year 2017-18, Bank has sold 9815860 shares
in its Associate concern PNB Housing Finance Ltd amounting to
`FURUHLQFOXGLQJSUR¿WRI` 1231.59 crore.
o. As per RBI directions for initiating Insolvency Process – Provisioning
Norms vide letter No. DBR.No.BO.15199/21.04.048/2016-17 dated
June 23, 2017 in respect of 09 borrowal accounts covered under
the provisions of Insolvency and bankruptcy Code (IBC), the Bank
was required to make additional provision. Similarly, as per RBI
direction vide letter No. DR.No.BP.1906/21.04.049/2017-18 dated
August 28, 2017 in respect of 20 borrowal accounts covered under
the process of Insolvency and Bankruptcy Code (IBC), the Bank
was required to make additional provision. Further, as per RBI
communication DBR.BP.8756/21.04/2017-18 dated April 2, 2018
with respect to spreading the provisions covered in 1st and 2nd list
covered under the provisions of Insolvency & Bankruptcy Code
(IBC), the Bank has availed the option of dispensation available
and as a result the provision of `1684.14 Crore has been reduced
in such accounts.
p. RBI vide its communication DBR.No.BP.BC.9730/21.04.18/2017-
18 dated April 27, 2018 has given the option to Banks to spread
additional liability on account of enhancement in gratuity limits from
` 10.00 lakhs to ` 20.00 lakhs from 29.03.2018 under the Payment
of Gratuity Act 1972, over four quarters beginning with the quarter
ended March 31, 2018. The bank has exercised the option and
has charged ` 63.45 crores during the quarter March 31, 2018 and
deferred ` 190.00 crores to subsequent three quarter of the ensuing
¿QDQFLDO\HDU
q. RBI vide its Circular DBR.No. BP.BC.101/21.04.048/2017-18
dated February 12, 2018, issued a revised framework for
resolution of stressed assets, which supersedes the existing
guidelines of SDR, change in ownership outside SDR (except
projects under implementation) and S4A with immediate effect.
8QGHU WKH UHYLVHG IUDPHZRUN WKH EHQH¿WV IRU DFFRXQWV ZKHUH
any of these schemes had been invoked but not yet fully
implemented were revoked and accordingly these accounts
KDYH EHHQ FODVVL¿HG DV SHU WKH H[WDQW 5%, QRUPV RQ LQFRPH
UHFRJQLWLRQDQGDVVHWFODVVL¿FDWLRQ
39. 1. Figures of the previous year have been regrouped /
UHDUUDQJHGUHFODVVL¿HGZKHUHYHUQHFHVVDU\
2. Figures in the bracket wherever given relates to
previous year.
13-Jul-18 5:38:28 PM
 31 ekpZ 2018 dks lekIr o"kZ ds rqyui=k ds lkFk layXu udnh izokg fooj.k&i=k
CASH FLOW STATEMENT ANNEXED TO THE BALANCE SHEET FOR THE YEAR ENDED
31st MARCH 2018
(` 000)
2017-18 2016-17
fooj.k
Particulars

v- Ikfjpkyu dkÕkZdykIkksa ls udnh çokg

A. Cash Flow from Operating Activities

(i) dj ds Ik'PkkRk~ 'kq¼ ykHk (122,828,203) 13,248,018

1HW3UR¿WDIWHU7D[
tksfM+, % dj ds fy, çkoèkku (vkLFkfxRk dj dk 'kq¼) (72,922,570) 6,867,419
Add Provision for Tax (net of deferred tax)
dj ls IkwoZ ykHk (i)
(195,750,773) 20,115,437
3UR¿WEHIRUHWD[
(ii) fuEufyf[kRk ds fy, lEkkÕkkstu%
Adjustment for :
vpy vkfLRkÕkksa Ikj EkwYÕkßkl 5,761,673 4,835,308
Depreciation on Fixed Assets
?kVkb, % IkquEkwZYÕkkadu çkjf{kRk fufèk ls vkgfjRk jkf'k - (584,941)
Less : Amount drawn from Revaluation Reserve
vutZd vkfLRkÕkksa ds fy, çkoèkku 244,527,342 135,373,804
Provisions for non performing assets
?kVkbZ, % vU; izkjf{kr fuf/ ls vkgfjr jkf'k - (8,336,600)
Less : Amount drawn from Other Reserve
Ekkud vkfLRkÕkksa Ikj çkoèkku (21,481,783) (12,417,836)
Provision on Standard Assets
fuos'kksa ('kq¼ ) Ikj EkwYÕkßkl@ (fuEkksZpu)] CkV~Vk [kkRkk] çkoèkku 20,271,464 4,866,488
Depreciation/ (Release), Write off, Provision on Investments (net)
vUÕk çkoèkku ('kq¼) 55,397,956 6,329,786
Other Provisions (net)
vuq"kaxh @ vUÕk ls ykHkka'k (fuos'k dkÕkZdykIk) (783,929) (372,429)
Dividend from Subsidiary / Others (Investing Activity)
CkkW.Mksa ls CÕkkt (foÙkhÕk dkÕkZdykIk) 18,071,046 16,235,113
Interest on Bonds (Financing Activity)
vpy vkfLRkÕkksa dh fCkØh ls ykHk@ gkfu ('kq¼) (25,934) (53,758)
3UR¿W/RVVRQVDOHRI)L[HG$VVHWVQHW
(ii) 321,737,835 145,874,936

Ikfjpkyu vkfLRkÕkksa o nsÕkRkkvksa Eksa IkfjoRkZuksa ls IkwoZ Ikfjpkyu ykHk (i+ii) 125,987,062 165,990,373
2SHUDWLQJ3UR¿WEHIRUH&KDQJHVLQ2SHUDWLQJ$VVHWVDQG/LDELOLWLHV
(iii) Ikfjpkyu vkfLRkÕkksa o nsÕkRkkvksa Eksa 'kq¼ IkfjoRkZu ds fy, lEkkÕkkstu
Adjustment for net change in Operating Assets and Liabilities
fuos'kksa Eksa dEkh @ (o`f¼) (148,909,395) (293,661,958)
Decrease / (Increase) in Investments
vfxzEkksa Eksa dEkh @ (o`f¼) (378,606,459) (207,047,300)
Decrease / (Increase) in Advances
vUÕk vkfLRkÕkksa Eksa dEkh @ (o`f¼ ) (67,598,088) (24,268,829)
Decrease / (Increase) in Other Assets
tEkkjkf'kÕkksa Eksa o`f¼ @ (dEkh) 205,221,755 686,528,883
Increase / (Decrease) in Deposits
mèkkjksa Eksa o`f¼ @ (dEkh ) 212,974,126 (192,421,080)
Increase / (Decrease) in Borrowings
vUÕk nsÕkRkkvksa o çkoèkkuksa Eksa o`f¼ @ (dEkh ) 78,574,121 3,730,566
Increase / (Decrease) in Other Liabilities & Provisions
(iii) (98,343,940) (27,139,719)
Ikfjpkyuksa ls mRIk udnh 27,643,122 138,850,654
(i+ii+iii)
Cash generated from Operations

119

4 PNB Full AR 2017-18 78-124 130718.indd 119 13-Jul-18 5:38:28 PM

 31 ekpZ 2018 dks lekIr o"kZ ds rqyui=k ds lkFk layXu udnh izokg fooj.k&i=k
CASH FLOW STATEMENT ANNEXED TO THE BALANCE SHEET FOR THE YEAR ENDED
31st MARCH 2018
(` 000)
2017-18 2016-17
çnÙk dj (okIklh dk 'kq¼) (17,526,209) (13,880,126)
Tax Paid (net of refund )
Ikfjpkyu dkÕkZdykIkksa ls 'kq¼ udnh (v) 10,116,913 124,970,528
Net Cash used in Operating Activities (A)
vk- fuos'k dkÕkZdykIkksa ls udnh çokg (iz;qDr)
B. &DVKÀRZIURPXVHGLQ,QYHVWLQJ$FWLYLWLHV
vpy vkfLRkÕkksa dh [kjhn (fCkØh dk 'kq¼) (6,496,527) (5,644,275)
Purchase of Fixed Assets (net of Sales)
vuq"kafxÕkksa@ laÕkqDr m|Ekksa@ {ks-xzk- CkSadksa ls çkIRk ykHkka'k 783,929 372,429
Dividend recd from Subsidiaries / JV / RRBs
vuq"kafxÕkksa@ laÕkqDr m|Ekksa@ {ks-xzk- CkSadksa Eksa fuos'k (7,167,490) 0
Investment in Subsidaries / JV / RRBs
fuos'k dkÕkZdykIkksa Eksa çÕkqDr 'kq¼ udnh (vk) (12,880,088) (5,271,846)
Net Cash used in investing Activities (B)
b- foÙkhÕku dkÕkZdykIkksa ls udnh çokg (iz;qDr)
C. &DVKÀRZIURPXVHGLQ)LQDQFLQJ$FWLYLWLHV
'ksÕkj Ikw¡th tkjh djuk (çhfEkÕkEk lfgRk) 104,237,786 21,120,001
Issue of Share Capital (incl. Premium)
tkjh CkkW.Mksa dk (ekspu) (VhÕkj&A o VhÕkj&AA) (12,100,000) 2,502,000
Issued(Redemption) of Bonds (Tier I & Tier II)
CkkW.Mksa Ikj çnÙk CÕkkt (VhÕkj&A o VhÕkj&AA) (18,071,046) (16,235,113)
Interest paid on Bonds (Tier I & Tier II)
ykHkka'k dk HkqxRkku (ykHkka'k Ikj dj lfgRk) 0 0
Payments of Dividends ( incl.tax on Dividend)
foÙkhÕku dkÕkZdykIkksa ls 'kq¼ udnh (b) 74,066,740 7,386,888
Net Cash from Financing Activities (C)
bZ- udnh RkFkk udnh RkqYÕkksa Eksa 'kq¼ IkfjoRkZu (v$vk$b) 71,303,565 127,085,570
D Net Change in Cash and Cash Equivalents (A+B+C)
o"kZ ds vkjEHk Eksa udnh RkFkk udnh RkqYÕk
Cash and Cash Equivalents at the beginning of the year
udnh vkSj HkkjRkhÕk fj”koZ CkSad ds Ikkl 'ks"k 252,099,957 264,790,678
Cash and Balances with Reserve Bank of India
CkSadksa ds Ikkl 'ks"k vkSj Ekk¡x o vYIk lwpuk Ikj çkIÕk èku 631,216,513 883,316,470 491,440,222 756,230,900
Balances with Banks & Money at Call & Short Notice

o"kZ ds vaRk Eksa udnh RkFkk udnh RkqYÕk

Cash and Cash Equivalents at the end of the year
udnh vkSj HkkjRkhÕk fj”koZ CkSad ds Ikkl 'ks"k 287,890,324 252,099,957
Cash and Balances with Reserve Bank of India
CkSadksa ds Ikkl 'ks"k vkSj Ekk¡x o vYIk lwpuk Ikj çkIÕk èku 666,729,711 954,620,035 631,216,513 883,316,470
Balances with Banks & Money at Call & Short Notice
71,303,565 127,085,570

fVIIkf.kÕkk¡ %
1 çnÙk çRÕk{k djksa (okIklh dk 'kq¼) dks Ikfjpkyu dkÕkZdykIkksa ls m‰™Rk Ekkuk xÕkk gS RkFkk bUgsa fuos'k RkFkk foÙkhÕku dkÕkZdykIkksa ds EkèÕk foHkDr ugha fdÕkk xÕkk gS A
2 dks"Bd Eksa fn, x, lHkh vkadM+s ^udnh Ckká izokg* n'kkZRks gSa A
Notes :-
1 Direct taxes paid (net of refund) are treated as arising from operating activities and are not bifurcated between investing and
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120

4 PNB Full AR 2017-18 78-124 130718.indd 120 13-Jul-18 5:38:29 PM

 ih ds ok".kZs; ,l ds tSu ih ds 'kekZ
P K Varshney S K JAIN P K SHARMA
eq[; çCkUèkd mi EkgkçCkUèkd EkgkçCkUèkd
Chief Manager DY. GENERAL MANAGER GENERAL MANAGER
,y oh çHkkdj
L V PRABHAKAR
dkÕkZIkkyd funs'kd
EXECUTIVE DIRECTOR

lquhy esgrk lquhy esgrk

SUNIL MEHTA SUNIL MEHTA
çca/ funs'kd ,oa eq[; dk;Zikyd vf/dkjh vè;{k
MANAGING DIRECTOR & CEO CHAIRMAN

jfo feÙky MkW jch ,u feJk egs'k ckcw xqIrk

RAVI MITAL Dr. RABI N MISHRA MAHESH BABOO GUPTA
funs'kd funs'kd funs'kd
DIRECTOR DIRECTOR DIRECTOR
lqèkhj uk;j lat; oekZ
SUDHIR NAYAR SANJAY VERMA
funs'kd funs'kd
DIRECTOR DIRECTOR
bZou frfFk dks gekjh fjiksVZ ds vuqlkj
As per our Report of even date
d`rs lwjh ,aM dEiuh ÑRks ,lih,eth ,aM dEiuh Ñrs ,edsih,l ,aM ,lksfl,V~l
For Suri & Co. For SPMG & Co. For MKPS & Associates
lunh ys[kkdkj & ,IkQvkj,u 004283,l lunh ys[kkdkj & ,IkQvkj,u 509249lh lunh ys[kkdkj & ,iQvkj,u 302014bZ
Chartered Accountants - FRN 004283S Chartered Accountants - FRN 509249C Chartered Accountants - FRN 302014E

(ih- os.kqxksiky) (vons'k xqIrk) (çnhi dqekj ykB)

lkÖksnkj lkÖksnkj lkÖksnkj
(P. Venugopal) (Avadesh Gupta) (Pradip Kumar Lath)
Partner Partner Partner
lnLÕk la0 035034 lnLÕk la0 516769 lnLÕk la0 054130
M No. 035034 M No. 516769 M No. 054130

ÑRks th ,l ekFkqj ,aM dEiuh ÑRks ,pMh,lth ,aM ,lksfl,V~l

For G S Mathur & Co. For HDSG & Associates
lunh ys[kkdkj & ,IkQvkj,u 008744,u lunh ys[kkdkj & ,IkQvkj,u 002871,u
Chartered Accountants - FRN 008744N Chartered Accountants - FRN 002871N

(jktho dqekj oèkkou) (nychj ¯lg xqykVh)

lk>snkj lk>snkj
(Rajiv Kumar Wadhawan) (Dalbir Singh Gulati)
Partner Partner
lnLÕk la- 091007 lnLÕk la- 081024
M No.091007 M No.081024

fnukad % 15@05@2018
Date : 15/05/2018

LFkku % ubZ fnYyh

Place : New Delhi

121

4 PNB Full AR 2017-18 78-124 130718.indd 121 13-Jul-18 5:38:29 PM

 Lora=k ys[kkijh{kdksa dh fjiksVZ
iatkc uS'kuy cSad ds lnL;ksa ds fy,
foÙkh; foojf.k;ksa ij fjiksVZ
1- geus iatkc uS'kuy cSad (^cSad*) dh 31 ekpZ] 2018 dh layXu
foÙkh; foojf.k;ksa dh ys[kk ijh{kk dh gS ftlesa 31 ekpZ] 2018
ds rqyu i=k vkSj ykHk o gkfu [kkrs rFkk rRlacaèkh lekfIr o"kZ
ds udnh çokg fooj.k rFkk egRoiw.kZ ys[kkadu uhfr;ksa dk lkj
,oa vU; foospukRed lwpuk lfEefyr gS A bu foÙkh; foojf.k;ksa
esa gekjs }kjk ys[kk ijhf{kr 21 'kk[kkvksa] Vªstjh foHkkx vkSj 35
vU;a dk;kZy;ksa] (1 vkWiQ'kksj cSafdax ;wfuV lfgr)] 3587 'kk[kkvksa
dh lkafofèkd ys[kk ijh{kdksa }kjk rFkk lEcfUèkr ns'kksa esa LFkkuh;
ys[kk ijh{kdksa }kjk 3 fons'kh 'kk[kkvksa dh ys[kk ijhf{kr foojf.k;ksa
'kkfey gSA gekjs }kjk vkWfMV dh xbZ vkSj vU; ys[kk ijh{kdksa
}kjk vkWfMV dh xbZ 'kk[kkvksa dk p;u cSad }kjk ys[kk ijh{kk ds
fy, Hkkjrh; fjtoZ cSad }kjk tkjh ekxZfunsZ'kksa ds vuqlkj fd;k gSA
rqyu i=k esa rFkk ykHk o gkfu fooj.kh [kkrs esa 3378 'kk[kkvksa
vkSj 116 cSad ds vU; dk;kZy; dh fjVuZ Hkh lfEefyr gSa tks
vkWfMV ds fo"k;kèkhu ugha Fkh A bu xSj ys[kk ijhf{kr 'kk[kkvksa
vkSj dk;kZy;ksa ds [kkrksa ds vfxzeksa esa 6-14 çfr'kr] tekjkf'k;ksa
esa 24-71 çfr'kr] C;kat vk; esa 7-78 çfr'kr rFkk C;kt O;; esa
26-20 çfr'kr va'k gSA
foÙkh; fooj.kksa ds fy, çcaèku dk nkf;Ro
2- cSaddkjh fofu;eu vfèkfu;e 1949 (vfèkfu;e) ds çkoèkkuksa ds
vuqlkj bu foÙkh; fooj.kksa dks rS;kj djus vkSj vkbZlh,vkbZ }kjk tkjh
,dkmafVax ekudksa esa m¼fjr ekU;rk o ekiu ds fl¼karksa dks Hkkjr
esa lkekU;r% Lohdkj fd;k tkrk gSA vc rd ;g ekud le; le;
ij cSadksa vkSj Hkkjrh; fjtoZ cSad ij ykxw gksrs gSA bl mÙkjnkf;Ro esa
i;kZIr vkarfjd foÙkh; fu;a=k.kksa dk fMtkbu] j[kj[kko vkSj ykxw djus
ds fy, dk i;kZIr j[kj[kko Hkh 'kkfey gS rFkk ;g xyr fooj.kksa ls
eqDr gS pkgs os èkks[kkèkMh ;k =kqfV ds dkj.k gksA
ys[kkijh{kdksa dk nkf;Ro
3- gekjk nkf;Ro bu fooj.k i=kksa ij gekjs }kjk dh xbZ ys[kk ijh{kk
ds vkèkkj ij er çdV djus rd gS A geus bULVhV;wV vkWiQ
pkVZM ,dkmaVsUV~l~ vkWiQ bafM;k }kjk tkjh ys[kk ijh{kk ij tkjh
ekudksa ds vuqlkj ys[kkijh{kk dh gS A ;s ekud vis{kk djrs gSa fd
ge uSfrd vko';drkvksa dk vuqikyu djsa vkSj ge ys[kk ijh{kk
dh vk;kstuk rFkk mldk fu"iknu bl çdkj djsa fd gesa foÙkhs;
fooj.ki=kksa ds lacaèk esa ,slk leqfpr vk'oklu fey tk, fd muesa
dksbZ =kqfV ugha gS A
4- ,d ys[kk ijh{kk esa dk;Zfu"iknu çfØ;k,sa layXu gSa ftuls foÙkh;
fooj.k i=kksa esa mfYyf[kr jkf'k;ksa vkSj çdVhdj.k ds ckjs esa lk{;
çkfIr fd;s tkus gSa A p;fur lafofèkd ys[kk ijh{kd ds iQSlys ij
vkèkkfjr gksrh gS ftuesa foÙkhk; fooj.k i=kksa ds xyr dFku] pkgs
os èkks[kkèkM+h ds dkj.k gS ;k =kqfV ds tksf[keksa dk fuèkkZj.k lfEefyr
gSA mu tksf[ke fuèkkZj.kksa dks cukus ds fy, mi;qDr ifjfLFkfr;ksa ds
vuqlkj ys[kkijh{kk lafofèk;ksa dk fMtkbu djus ds fy, ys[kk ijh{kd
foÙkfh; fooj.k i=kksa tks lR; vkSj fu"i{k fLFkfr n'kkZrs gSa] dh mfpr
çLrqrhdj.k rFkk cSad dh rS;kjh ls lacaèk vkUrfjd fu;a=k.k ij
fopkj djrk gS] u fd bl ç;kstu laLFkku ds vkarfjd fu;a=k.k dh
122
4 PNB Full AR 2017-18 78-124 130718.indd 122
INDEPENDENT AUDITORS’ REPORT
To the Members of Punjab National Bank
Report on the Financial Statements
 :HKDYHDXGLWHGWKHDFFRPSDQ\LQJ6WDQGDORQH¿QDQFLDO
statements of Punjab National Bank (the ‘Bank’) as at
March 31, 2018, which comprise the Balance Sheet as at
0DUFKDQG3UR¿WDQG/RVV$FFRXQWDQGWKH&DVK
Flow statement for the year then ended, and a summary
RI VLJQL¿FDQW DFFRXQWLQJ SROLFLHV DQG RWKHU H[SODQDWRU\
LQIRUPDWLRQ,QFRUSRUDWHGLQWKHVH¿QDQFLDOVWDWHPHQWVDUH
the returns of 21 branches, Treasury Division and 35 other
RI¿FHVDXGLWHGE\XVEUDQFKHVDXGLWHGE\6WDWXWRU\
Branch Auditors (including 1 off-shore banking unit and 3
foreign branches audited by local auditors in respective
countries). The branches audited by us and those audited
by other auditors have been selected by the Bank in
accordance with the guidelines issued to the Bank by the
Reserve Bank of India. Also incorporated in the Balance
6KHHWDQGWKH3UR¿WDQG/RVV$FFRXQWDUHWKHUHWXUQVIURP
EUDQFKHVRWKHURI¿FHVRIWKH%DQNZKLFKKDYH
not been subjected to audit. These unaudited branches
DQG RI¿FHV DFFRXQW IRU  RI DGYDQFHV  RI
deposits, 7.78% of interest income and 26.20% of interest
expenses.
Management’s Responsibility for the Standalone Financial
Statements
2. Management is responsible for the preparation of these
¿QDQFLDO VWDWHPHQWV LQ DFFRUGDQFH ZLWK WKH %DQNLQJ
Regulation Act, 1949, accounting principles generally
accepted in India along with recognition and measurement
principles laid down in the Accounting Standards issued
by the Institute of Chartered Accountants of India so far
as they are applicable to the Bank and Reserve Bank
of India guidelines from time to time. This responsibility
includes the design, implementation and maintenance of
LQWHUQDOFRQWUROUHOHYDQWWRWKHSUHSDUDWLRQRIWKH¿QDQFLDO
statements that are free from material misstatement,
whether due to fraud or error.
Auditors’ Responsibility
3. Our responsibility is to express an opinion on these
¿QDQFLDOVWDWHPHQWVEDVHGRQRXUDXGLW:HFRQGXFWHGRXU
audit in accordance with the Standards on Auditing issued
by the Institute of Chartered Accountants of India. Those
Standards require that we comply with ethical requirements
and plan and perform the audit to obtain reasonable
DVVXUDQFHDERXWZKHWKHUWKH¿QDQFLDOVWDWHPHQWVDUHIUHH
from material misstatement.
4. An audit involves performing procedures to obtain audit
evidence about the amounts and disclosures in the
¿QDQFLDO VWDWHPHQWV 7KH SURFHGXUHV VHOHFWHG GHSHQG
on the auditors’ judgment, including the assessment
RI WKH ULVNV RI PDWHULDO PLVVWDWHPHQW RI WKH ¿QDQFLDO
statements, whether due to fraud or error. In making those
risk assessments, the auditor considers internal control
relevant to the Bank’s preparation and fair presentation
RI WKH ¿QDQFLDO VWDWHPHQWV LQ RUGHU WR GHVLJQ DXGLW
procedures that are appropriate in the circumstances,
13-Jul-18 5:38:29 PM
 çHkko'khyrk ij jk; nsuk gSA pkgs cSad dh foÙkh; fjiksfVaZx vkSj ,sls
fu;a=k.kksa ds çHkkoh lapkyu ij i;kZIr vkarfjd fu;a=k.k gks A ys[kk
ijh{kk esa ç;qDr ys[kk uhfr;ksa dh mi;qDrrk dk ewY;kadu çcaèku
}kjk fd;s x;s ys[kk vuqekuksa dh rkfdZdrk] lkFk gh foÙkh; fooj.ki=kksa
dk ldy çLrqrhdj.k dk ewY;kadu Hkh lfEefyr gS A
5- gesa fo'okl gS fd ys[kk ijh{kk lk{;] tks gesa çkIr gq, gSa] gekjs
vfHker dks vkèkkj çnku djus ds fy; i;kZIr vkSj mi;qDr gS A
vfHker
6- gekjh lEefr esa] cSad dh ys[kk cfg;ksa esa ;Fkk çnf'kZr rFkk loksZÙke
tkudkjh vkSj gesa fn;s x;s Li"Vhsdj.k ds vuqlkj %
(i) rqyui=k vkSj mlds lkFk ifBr fVIif.k;ka ,d iw.kZ rFkk mfpr
rqyui=k gS ftlesa lHkh vko';d fooj.k fn;s x;s gSa vkSj ;g
Hkkjr esa lkekU;r% LohÑr ys[kkadu fl¼kUrksa ds vuq:i bl
rjg ls rS;kj fd;k x;k gS fd blesa cSad dk;ksaZ dh 31 ekpZ]
2018 dh lgh vkSj mfpr fLFkfr çnf'kZr gksrh gS ;
(ii) ykHk o gkfu [kkrk rFkk mlds lkFk ifBr fVIif.k;ka] Hkkjr esa
but not for the purpose of expressing an opinion on the
effectiveness of the Bank’s internal control. An audit also
includes evaluating the appropriateness of accounting
policies used and the reasonableness of the accounting
estimates made by management, as well as evaluating the
RYHUDOOSUHVHQWDWLRQRIWKH¿QDQFLDOVWDWHPHQWV
5. We believe that the audit evidence we have obtained is
VXI¿FLHQWDQGDSSURSULDWHWRSURYLGHDEDVLVIRURXUDXGLW
opinion.
Opinion
6. In our opinion, as shown by books of bank, and to the best
of our information and according to the explanations given
to us:
(i) the Balance Sheet, read with the notes thereon
is a full and fair Balance Sheet containing all the
necessary particulars, is properly drawn up so as
to exhibit a true and fair view of state of affairs of
the Bank as at March 31, 2018 in conformity with
accounting principles generally accepted in India;
lkekU;r;k LohÑr ys[kkadu fl¼kUrksa ds vuq:i o"kZ ds ykHk
dk lgh 'ks"k n'kkZrk gS ; vkSj
(iii) udnh çokg fooj.k i=k ml frfFk dks lekIr o"kZ gsrq lgh
vkSj mfpr udn çokg n'kkZrk gS A
egRoiw.kZ ekeyk %
7- gekjs er ds lkFk dksbZ 'krZ yxk, fcuk] ge uksV la- 38(ts) dh
vkSj è;ku vkdf"kZr djrs gSa ftlds vkèkkj ij jRu ,oa vkHkw"k.k ra=k
ds varxZr vkus okyh dqN èkks[kkèkM+h okys [kkrksa esa dqy ` 14356-84
djksM+ ds cnys ` 7178-42 djksM+ dh jkf'k esa 50 çfr'kr dk çkoèkku
fd;k x;k gS A tSlk fd vkj ch vkbZ ds fnukad 28-03-2018 ds i=k
la- 8720@21-04-132@2017&18 }kjk fn;k x;k gSA
vU; fofèk ,oa fofu;ked vis{kkvksa ij fjiksVZ
8- rqyui=k vkSj ykHk o gkfu [kkrk cSaddkjh fofu;eu vfèkfu;e] 1949
dh [k.M 29 ls fy;s x;s gSa A
9- mi;qZDr vuqPNsn 1 ls 5 esa lwfpr ys[kkijh{kk dh lhekvksa ds vè;èkhu
rFkk cSaddkjh daifu;ka (miØeksa dk vtZu ,oa varj.k) vfèkfu;e
1970] }kjk ;Fkkisf{kr rFkk muesa visf{kr çdVhdj.kksa dh lhekvksa ds
vè;èkhu ge çfrosfnr djrs gSa fd %
(d) gekjh loksZÙke tkudkjh vkSj fo'okl ds vuqlkj ys[kk ijh{kk
ds fy, tks Hkh lwpuk o Li"Vhdj.k vko';d Fks] os gesa çkIr
gks x, gSa vkSj geus mUgsa larks"ktud ik;k gS A
([k) cSad ds tks ysunsu gekjh tkudkjh esa vk;s gSa] os cSad dh
'kfDr;ksa ds varxZr gSa A
(x) cSad ds dk;kZy;ksa vkSj 'kk[kkvksa ls çkIr foojf.k;ka] mu
dfri; ekeyksa tgka foojf.k;ka çcaèku ds fo'okl ds vkèkkj
LL WKH 3UR¿W DQG /RVV $FFRXQW UHDG ZLWK WKH QRWHV
thereon shows a true balance of loss, in conformity
with accounting principles generally accepted in
India, for the year covered by the account; and
(iii) the Cash Flow Statement gives a true and fair view
RIWKHFDVKÀRZVIRUWKH\HDUHQGHGRQWKDWGDWH
Emphasis of Matter
7. Without qualifying our opinion, we draw attention to
Note No. 38(J) regarding provision @ 50% amounting to
` 7,178.42 crores as against the total amount of ` 14,356.84
crores in respect of fraud involving certain accounts
under Gems & Jewellery Sector as per the dispensation
given by the Reserve Bank of India vide their letter No.
8720/21.04.132/2017-18 dt. 28.03.2018.
Report on Other Legal and Regulatory Requirements
 7KH%DODQFH6KHHWDQGWKH3UR¿WDQG/RVV$FFRXQWKDYH
been drawn up in accordance with Section 29 of the
Banking Regulation Act, 1949.
9. Subject to the limitations of the audit indicated in paragraph
1 to 5 above and as required by the Banking Companies
(Acquisition and Transfer of Undertakings) Act, 1970
and subject also to the limitations of disclosure required
therein, we report that:
(a) We have obtained all the information and
explanations which, to the best of our knowledge
and belief, were necessary for the purposes of our
audit and have found them to be satisfactory;
(b) The transactions of the Bank, which have come to
our notice, have been within the powers of the Bank;
and
ij çekf.kr dh x;h gSa] dks NksM+dj gekjh ys[kkijh{kk ds F 7KHUHWXUQVUHFHLYHGIURPWKHRI¿FHVDQGEUDQFKHV
mís'; ls i;kZIr ik;h x;h gSa A of the Bank have been found adequate for the
purposes of our audit.

123

4 PNB Full AR 2017-18 78-124 130718.indd 123 13-Jul-18 5:38:29 PM

 10- ge vkxs fjiksVZ nsrs gS% 10. We further report that:

(d) bl fjiksVZ ds }kjk rqyu i=k vkSj ykHk o gkfu [kkrk cgh [kkrk D WKH%DODQFH6KHHWDQG3UR¿WDQG/RVVDFFRXQWGHDOW
vkSj fjVuZl ds lkFk esy [kkrs gSaA with by this report are in agreement with the books of
account and returns;
([k) cSaddkjh fofu;eu vfèkfu;e] 1949 dh [k.M 29 ds varxZr 
cSad ds 'kk[kk vkWfMVlZ }kjk 'kk[kk dk;kZy;ksa ds [kkrksa dh
vkWfMfVM fjiksVZ dks gesa Hkst nh xbZ gS vkSj gekjs }kjk bl fjiksVZ
dks rS;kj djus esa leqfpr dkjZokbZ dj yh xbZ gSA
E WKH UHSRUWV RQ WKH DFFRXQWV RI WKH EUDQFK RI¿FHV
audited by branch auditors of the Bank under section
29 of the Banking Regulation Act, 1949 have been
sent to us and have been properly dealt with by us in
preparing this report;

(x) gekjs er esa] rqyu i=k] ykHk o gkfu [kkrk ,oa dS'k Ýyks F ,Q RXU RSLQLRQ WKH %DODQFH 6KHHW 3UR¿W DQG /RVV
Account and Cash Flow Statement comply with the
fooj.kh ,dkmafVax ekudksa ds vuqdwy gSA
applicable accounting standards.
Ñrs lwjh ,aM dEiuh Ñrs ,lih,eth ,aM dEiuh Ñrs ,edsih,l ,aM ,lksfl,V~l
lunh ys[kkdkj lunh ys[kkdkj lunh ys[kkdkj For Suri & Co For SPMG & Co. For MKPS & Associates
Chartered Accountants Chartered Accountants Chartered Accountants
,iQvkj,u 0042835,l ,iQvkj,u 509249lh ,iQvkj,u 302014bZ
FRN 004283S FRN 509249C FRN.302014E

(ih os.kqxksiky) (vons'k xqIrk) (çnhi dqekj ykB) (P Venugopal) (Avadesh Gupta) (Pradip Kumar Lath)
lk>snkj lk>snkj lk>snkj Partner (M.No.035034) Partner (M.No.516769) Partner (M.No.054130)
lnL; la0 035034 lnL; la0 516769 lnL; la0 054130
For GS Mathur & Co. For HDSG & Associates
Ñrs th ,l ekFkqj ,oa dEiuh Ñrs ,pMh,lth ,oa ,lksfl,V~l Chartered Accountants Chartered Accountants
FRN 008744N FRN 002871N
,iQvkj,u 008744,u ,iQvkj,u 002871,u
(Rajiv Kumar (Dalbir Singh Gulati)
(jktho dqekj oèkkou) (nychj flag xqykVh) Wadhawan) Partner (M.No.081024)
lk>snkj lk>snkj Partner (M.No.091007)
lnL; la0 091007 lnL; la0 081024
Place: New Delhi
LFkku% ubZ fnYyh Date: May 15, 2018
fnukad% 15-05-2018

124

4 PNB Full AR 2017-18 78-124 130718.indd 124 13-Jul-18 5:38:29 PM

 lesfdr foÙkh; fooj.k
Consolidated Financial Statement

125

5 PNB Abridged AR 2017-18 125-133 130718.indd 125 13-Jul-18 4:33:17 PM

 IkatkCk uS'kuy CkSad dk 31 EkkpZ] 2018 dk laf{kIRk lesfdr Rkqyu Ik=k
ABRIDGED CONSOLIDATED BALANCE SHEET OF PUNJAB NATIONAL BANK AS ON
MARCH 31, 2018
(lHkh jkf'k ` yk[k Eksa) (All amounts in ` lac)
31 ekpZ 2018 dks 31 ekpZ 2017 dks
As on March 31, 2018 As on March 31, 2017
Ikwath vkSj nsÕkRkk,a
CAPITAL & LIABILITIES

Ikwath 55211 42559

Capital

çkjf{kRk vkSj vfèk'ks"k

Reserves & Surplus
lkafofèkd çkjf{kRka 1030932 1023192
Statutory Reserves
Ikwath çkjf{kRk (vYika'k C;kt lfgr) 756029 663673
Capital Reserves (including minority interest)
'ksÕkj çhfEkÕkEk 2104711 1074986
Share Premium
jktLo RkFkk vUÕk çkjf{kRk 265551 1505819
Revenue and other Reserves
ykHk o gkfu [kkRks Eksa 'ks"k 116023 109368
%DODQFHLQ3UR¿W /RVV$FFRXQW
tEkkjkf'kÕkka
Deposits
Ekkax tEkkjkf'kÕkka 4141993 4691392
Demand Deposits
CkpRk CkSad tEkkjkf'kÕkka 22427214 21540564
Savings Bank Deposits
lkofèk tEkkjkf'kÕkka 38274694 36733130
Term Deposits
mèkkj
Borrowings
HkkjRk Eksa mèkkj
Borrowings in India
(d) HkkjRkhÕk fj”koZ CkSad ls 1837931 40000
(a) from Reserve Bank of India
([k) vUÕk CkSadksa ls 537029 174653
(b) from other Banks
(x) vUÕk laLFkkvksa vkSj ,tsaflÕkksa ls 2397195 2270181
(c) from other Institutions and Agencies

HkkjRk ls Ckkgj mèkkj 1760812 1848767

Borrowings outside India

vUÕk nsÕkRkk,a ,oa çkoèkku

Other liabilities and provisions
nsÕk fCky 243307 257008
Bills Payable
vURk% dkÕkkZyÕk lEkkÕkkstu ('kq¼) 270 292
,QWHU2I¿FHDGMXVWPHQWVQHW
mIkfpRk CÕkkt 187613 197107
Interest accrued
Ekkud vkfLRkÕkksa ds fy, çkoèkku 69755 288500
Provisions towards standard assets

126

5 PNB Abridged AR 2017-18 125-133 130718.indd 126 13-Jul-18 4:33:18 PM

 IkatkCk uS'kuy CkSad dk 31 EkkpZ] 2018 dk laf{kIRk lesfdr Rkqyu Ik=k
ABRIDGED CONSOLIDATED BALANCE SHEET OF PUNJAB NATIONAL BANK AS ON
MARCH 31, 2018
(lHkh jkf'k ` yk[k Eksa) (All amounts in ` lac)
31 ekpZ 2018 dks 31 ekpZ 2017 dks
As on March 31, 2018 As on March 31, 2017
vkLFkfxRk dj nsÕkRkk ('kq¼) 0 0
'HIHUUHG7D[/LDELOLW\1HW
vUÕk 1693222 869900
Others

dqy Ikwath vkSj nsÕkRkk,a

77899491 73331091
7RWDO&DSLWDODQG/LDELOLWLHV
vkfLRkÕkka
ASSETS
udnh ,oa HkkjRkhÕk fj”koZ CkSad ds Ikkl 'ks"k 2902891 2541036
Cash and balances with Reserve Bank of India

CkSadksa ds Ikkl tEkk 'ks"k vkSj Ekkax RkFkk vYIk lwpuk Ikj çkIÕk èku
Balances with Banks & Money at Call & Short Notice
HkkjRk Eksa CkSadksa ds Ikkl 'ks"k 1040928 1043174
Balances with Banks in India
HkkjRk Eksa Ekkax RkFkk vYIk lwpuk Ikj çkIÕk èku 2963830 2214997
0RQH\DW&DOODQG6KRUW1RWLFHLQ,QGLD
HkkjRk ls Ckkgj 'ks"k 2841166 3338702
Balances outside India

fuos'k
Investments
HkkjRk Eksa
In India
d) ljdkjh çfRkHkwfRkÕkka 15602649 14940991
(a) Government Securities
[k) vUÕk vuqEkksfnRk çfRkHkwfRkÕkka 14648 18830
(b) Other Approved Securities
x) 'ksÕkj 436120 533686
(c) Shares
?k) fMCksUpj vkSj Ckk.M 3193733 2587221
(d) Debentures and Bonds
M) vuq"kafxÕkka vkSj@vFkok laÕkqDr m|Ek 164394 129815
H6XEVLGLDULHVDQGRUMRLQWYHQWXUHV
p) vUÕk 462678 424459
(f) Others

HkkjRk ls Ckkgj 716796 517714

Outside India

vfxzEk
Advances
HkkjRk Eksa
In India
d) [kjhns vkSj Hkquk, x, fCky 2012655 2902885
(a) Bills purchased and discounted
[k) udn mèkkj] vksojMªkÝV vkSj Ekkax Ikj nsÕk ½.k 24300191 20125851
E&DVK&UHGLWV2YHUGUDIWV /RDQV
repayable on demand

127

5 PNB Abridged AR 2017-18 125-133 130718.indd 127 13-Jul-18 4:33:19 PM

 IkatkCk uS'kuy CkSad dk 31 EkkpZ] 2018 dk laf{kIRk lesfdr Rkqyu Ik=k
ABRIDGED CONSOLIDATED BALANCE SHEET OF PUNJAB NATIONAL BANK AS ON
MARCH 31, 2018
(lHkh jkf'k ` yk[k Eksa) (All amounts in ` lac)
31 ekpZ 2018 dks 31 ekpZ 2017 dks
As on March 31, 2018 As on March 31, 2017
x) fEkÕkknh ½.k 13119773 14028395
F7HUP/RDQV

HkkjRk ls Ckkgj 4447181 5365918

Outside India

vpy vkfLRkÕkka 637431 629776

Fixed Assets

vUÕk vkfLRkÕkka
Other Assets
vaRk% dkÕkkZyÕk lEkk'kksèku ('kq¼) 0 0
,QWHU2I¿FHDGMXVWPHQWVQHW
mIkfpRk CÕkkt 523254 460490
Interest accrued
dj dk vfxzEk HkqxRkku@dj dh ÏksRk Ikj dVkSRkh 285165 90063
Tax paid in advance / deducted at source
vkLFkfxRk dj vkfLRk ('kq¼) 1321314 612036
Deferred tax asset (net)
nkoksa ds fuIkVku gsRkq çkIRk xSj CkSa¯dx vkfLRkÕkka 11224 11203
1RQEDQNLQJDVVHWVDFTXLUHGLQVDWLVIDFWLRQRIFODLPV
vUÕk 901470 813849
Others

dqy vkfLRkÕkka
77899491 73331091
Total Assets

vkdfLEkd nsÕkRkk,a
Contingent Liabilities
CkSad ds fo:¼ ,sls nkos ftUgsa ½.k ds :Ik Eksa ugha Ekkuk xÕkk gS 158209 24958
Claims against the Bank not acknowledged as debts
CkdkÕkk okÕknk fofuEkÕk lafonkvksa ds dkj.k nsÕkRkk,a 22657641 25303228
/LDELOLW\RQDFFRXQWRIRXWVWDQGLQJIRUZDUGH[FKDQJH
contracts
xzkgdksa dh vksj ls nh xÕkha xkjafVÕkka 5001059 5228021
Guarantees given on behalf of constituents
LohÑfRkÕkka] Ik`’kadu vkSj vUÕk nkfÕkRo 2705594 2936851
Acceptances, endorsements and other obligations
vUÕk Eknsa ftuds fy, CkSad vkdfLEkd :Ik ls ftEEksnkj gS 356515 392046
Other items for which the Bank is contingently liable

olwyh ds fy, fCky 2789825 2580594

Bills for collection

çkjf{kRk fufèkÕkksa vkSj vfèk'ks"k ds vaRkxZRk IkquEkwZYÕku çkjf{kRk fufèk 368382 380730
7KHDPRXQWRI5HYDOXDWLRQ5HVHUYHXQGHU5HVHUYHV 6XUSOXV

128

5 PNB Abridged AR 2017-18 125-133 130718.indd 128 13-Jul-18 4:33:19 PM

 ih ds ok".kZs; ,l ds tSu ih ds 'kekZ
P K Varshney S K JAIN P K SHARMA
eq[; çCkUèkd mi EkgkçCkUèkd EkgkçCkUèkd
Chief Manager DY. GENERAL MANAGER GENERAL MANAGER
,y oh çHkkdj
L V PRABHAKAR
dkÕkZIkkyd funs'kd
EXECUTIVE DIRECTOR

lquhy esgrk lquhy esgrk

SUNIL MEHTA SUNIL MEHTA
çca/ funs'kd ,oa eq[; dk;Zikyd vf/dkjh vè;{k
MANAGING DIRECTOR & CEO CHAIRMAN

jfo feÙky MkW jch ,u feJk egs'k ckcw xqIrk

RAVI MITAL Dr. RABI N MISHRA MAHESH BABOO GUPTA
funs'kd funs'kd funs'kd
DIRECTOR DIRECTOR DIRECTOR
lqèkhj uk;j lat; oekZ
SUDHIR NAYAR SANJAY VERMA
funs'kd funs'kd
DIRECTOR DIRECTOR
bZou frfFk dks gekjh fjiksVZ ds vuqlkj
As per our Report of even date
d`rs lwjh ,aM dEiuh ÑRks ,lih,eth ,aM dEiuh Ñrs ,edsih,l ,aM ,lksfl,V~l
For Suri & Co. For SPMG & Co. For MKPS & Associates
lunh ys[kkdkj & ,IkQvkj,u 004283,l lunh ys[kkdkj & ,IkQvkj,u 509249lh lunh ys[kkdkj & ,iQvkj,u 302014bZ
Chartered Accountants - FRN 004283S Chartered Accountants - FRN 509249C Chartered Accountants - FRN 302014E

(ih- os.kqxksiky) (vons'k xqIrk) (çnhi dqekj ykB)

lkÖksnkj lkÖksnkj lkÖksnkj
(P. Venugopal) (Avadesh Gupta) (Pradip Kumar Lath)
Partner Partner Partner
lnLÕk la0 035034 lnLÕk la0 516769 lnLÕk la0 054130
M No. 035034 M No. 516769 M No. 054130

ÑRks th ,l ekFkqj ,aM dEiuh ÑRks ,pMh,lth ,aM ,lksfl,V~l

For G S Mathur & Co. For HDSG & Associates
lunh ys[kkdkj & ,IkQvkj,u 008744,u lunh ys[kkdkj & ,IkQvkj,u 002871,u
Chartered Accountants - FRN 008744N Chartered Accountants - FRN 002871N

(jktho dqekj oèkkou) (nychj ¯lg xqykVh)

lk>snkj lk>snkj
(Rajiv Kumar Wadhawan) (Dalbir Singh Gulati)
Partner Partner
lnLÕk la- 091007 lnLÕk la- 081024
M No.091007 M No.081024

fnukad % 15@05@2018
Date : 15/05/2018

LFkku % ubZ fnYyh

3ODFH1HZ'HOKL

129

5 PNB Abridged AR 2017-18 125-133 130718.indd 129 13-Jul-18 4:33:19 PM

 IkatkCk uS'kuy CkSad dk 31 EkkpZ] 2018 dks lekIr o"kZ ds fy, laf{kIr lesfdr ykHk&gkfu [kkrk
ABRIDGED CONSOLIDATED PROFIT AND LOSS ACCOUNT OF PUNJAB NATIONAL BANK
FOR THE YEAR ENDED MARCH 31, 2018
(lHkh jkf'k ` yk[k Eksa) (All amounts in ` lac)
31-03-2018 dks 31-03-2017 dks
For the year ended For the year ended
March 31, 2018 March 31, 2017

vkÕk
Income

v£tRk CÕkkt
Interest Earned
vfxzEkksa@fCkyksa Ikj 3254921 3370140
On advances/bills
fuos'kksa Ikj 1397871 1260532
On Investments
HkkjRkhÕk fjtoZ CkSad ds Ikkl 'ks"k vkSj vUÕk vURk% CkSad fufèkÕkka 201340 136567
On balances with RBI and other inter-bank funds
vUÕk 18354 38569
Others

vUÕk vkÕk
Other Income
dEkh'ku] fofuEkÕk ,oa nykyh 281027 274194
Commission, Exchange and Brokerage
fuos'kksa dh fCkØh Ikj 'kq¼ ykHk 325295 281940
1HW3UR¿WRQVDOHRI,QYHVWPHQWV
HkwfEk] Hkou] vkSj vUÕk vkfLRkÕkksa dh fCkØh Ikj 'kq¼ ykHk 260 545
1HW3UR¿WRQVDOHRIODQGEXLOGLQJVDQGRWKHUDVVHWV
fofuEkÕk ysunsuksa Ikj 'kq¼ ykHk 78572 60557
1HW3UR¿WRQH[FKDQJHWUDQVDFWLRQV
HkkjRk@fons'k Eksa vuq"kafxÕkksa vkSj@vFkok laÕkqDr m|Ekksa ls ykHkka'k bRÕkkfn }kjk vkÕk 0 0
Income by way of Dividends etc. from subsidiaries
FRPSDQLHVDQGRUMRLQWYHQWXUHVDEURDGLQ,QGLD
fofoèk vkÕk 203180 299522
Miscellaneous Income
dqy vkÕk 5760819 5722566
Total Income

OÕkÕk
Expenditure

[kpZ fdÕkk xÕkk CÕkkt

Interest Expended
tEkk jkf'kÕkksa Ikj 3058384 3013850
On Deposits
HkkjRkhÕk fjtoZ CkSad@vURk% CkSad mèkkjksa Ikj 58825 29075
On RBI/ Inter - bank borrowings
vUÕk 235829 229306
Others

130

5 PNB Abridged AR 2017-18 125-133 130718.indd 130 13-Jul-18 4:33:19 PM

 IkatkCk uS'kuy CkSad dk 31 EkkpZ] 2018 dks lekIr o"kZ ds fy, laf{kIr lesfdr ykHk&gkfu [kkrk
ABRIDGED CONSOLIDATED PROFIT AND LOSS ACCOUNT OF PUNJAB NATIONAL BANK
FOR THE YEAR ENDED MARCH 31, 2018
(lHkh jkf'k ` yk[k Eksa) (All amounts in ` lac)
31-03-2018 dks 31-03-2017 dks
For the year ended For the year ended
March 31, 2018 March 31, 2017
Ikfjpkyu OÕkÕk
Operating Expenses
dEkZpkfjÕkksa dks HkqxRkku vkSj muds fy, çkoèkku 924237 548233
Payments to and Provisions for employees
fdjkÕkk] dj ,oa fCktyh 74833 70225
5HQW7D[HVDQG/LJKWLQJ
Ekqæ.k ,oa ys[ku lkEkxzh 9247 9754
Printing and Stationery
foKkIku vkSj çpkj 4801 5593
Advertisement and Publicity
CkSad dh lEIkfÙk Ikj EkwYÕkßkl 58103 43044
Depreciation on Bank's property
funs'kdksa dh iQhl] HkÙks ,oa [kpZ 179 175
Directors' fees, allowances and expenses
ys[kkIkjh{kdksa dh iQhl ,oa [kpZ ('kk[kk ys[kk Ikjh{kdksa lfgRk) 7815 7112
Auditors' fees and expenses (including branch auditors)
fofèk çHkkj 8661 9101
/DZ&KDUJHV
Mkd] Rkkj] VsyhiQksu vkfn 17342 17988
Postage, Telegrams, Telephones, etc.
EkjEEkRk vkSj j[kj[kko 26638 23676
Repairs and Maintenance
CkhEkk 64291 56925
Insurance
vUÕk 168111 160529
Others

çkoèkku ,oa vkdfLEkdRkk,a

Provisions and contingencies
fuos'k Ikj EkwYÕkßkl ds fy, izkoèkku 169506 48501
Provisions for depreciation on Investment
vutZd vkfLRkÕkksa ds fy, çkoèkku 2485154 1360185
Provision towards non performing assets
Ekkud vkfLRkÕkksa ds fy, çkoèkku (218745) (121367)
Provision towards standard assets
vUÕk (vkÕk djksa ds vfRkfjDr) 592223 56651
Others (excluding income taxes)
dqy [kpsZ ,oa çkoèkku 7745435 5568557
Total expenses and provisions

dj IkwoZ ykHk@(gkfu) -1984615 154009

3UR¿WORVVEHIRUHWD[
oRkZEkku dj -16904 214669
Current tax

vkLFkfxRk dj (709278) (150773)

Deferred tax

131

5 PNB Abridged AR 2017-18 125-133 130718.indd 131 13-Jul-18 4:33:19 PM

 IkatkCk uS'kuy CkSad dk 31 EkkpZ] 2018 dks lekIr o"kZ ds fy, laf{kIr lesfdr ykHk&gkfu [kkrk
ABRIDGED CONSOLIDATED PROFIT AND LOSS ACCOUNT OF PUNJAB NATIONAL BANK
FOR THE YEAR ENDED MARCH 31, 2018
(lHkh jkf'k ` yk[k Eksa) (All amounts in ` lac)
31-03-2018 dks 31-03-2017 dks
For the year ended For the year ended
March 31, 2018 March 31, 2017

dj Ik'PkkRk ykHk@(gkfu) -1258434 90113

3UR¿WORVVDIWHUWD[

vYika'k fgr@lg;ksfx;ksa dh vk; esa fgLlk ('kq¼) 45428 28611

0LQRULW\,QWHUHVW6KDUHLQHDUQLQJLQ$VVRFLDWHV1HW

vkxs ys tk;k x;k ykHk@gkfu 109365 69454

3UR¿W/RVVEURXJKWIRUZDUG

dqy -1103641 188178

Total

fofuÕkkstu
Appropriations

lkafofèkd çkjf{kRk fufèkÕkksa dks vaRkj.k 2064 37749

Transfer to Statutory Reserve

vUÕk çkjf{kRk fufèkÕkksa dks vaRkj.k -1330775 -40257

Transfer to Other Reserves

ljdkj dks vaRkj.k@çLRkkfoRk ykHkka'k 6197 691

Transfer to Government / proposed dividend

Rkqyu Ik=k Eksa ys tkÕkk xÕkk 'ks"k 116023 109369

Balance carried forward to balance sheet

vU; 102851 80626

Others

ih ds ok".kZs; ,l ds tSu ih ds 'kekZ

P K Varshney S K JAIN P K SHARMA
eq[; çCkUèkd mi EkgkçCkUèkd EkgkçCkUèkd
Chief Manager DY. GENERAL MANAGER GENERAL MANAGER
,y oh çHkkdj
L V PRABHAKAR
dkÕkZIkkyd funs'kd
EXECUTIVE DIRECTOR

lquhy esgrk lquhy esgrk

SUNIL MEHTA SUNIL MEHTA
çca/ funs'kd ,oa eq[; dk;Zikyd vf/dkjh vè;{k
MANAGING DIRECTOR & CEO CHAIRMAN

jfo feÙky MkW jch ,u feJk egs'k ckcw xqIrk

RAVI MITAL Dr. RABI N MISHRA MAHESH BABOO GUPTA
funs'kd funs'kd funs'kd
DIRECTOR DIRECTOR DIRECTOR

132

5 PNB Abridged AR 2017-18 125-133 130718.indd 132 13-Jul-18 4:33:20 PM

 lqèkhj uk;j lat; oekZ
SUDHIR NAYAR SANJAY VERMA
funs'kd funs'kd
DIRECTOR DIRECTOR
bZou frfFk dks gekjh fjiksVZ ds vuqlkj
As per our Report of even date
d`rs lwjh ,aM dEiuh ÑRks ,lih,eth ,aM dEiuh Ñrs ,edsih,l ,aM ,lksfl,V~l
For Suri & Co. For SPMG & Co. For MKPS & Associates
lunh ys[kkdkj & ,IkQvkj,u 004283,l lunh ys[kkdkj & ,IkQvkj,u 509249lh lunh ys[kkdkj & ,iQvkj,u 302014bZ
Chartered Accountants - FRN 004283S Chartered Accountants - FRN 509249C Chartered Accountants - FRN 302014E

(ih- os.kqxksiky) (vons'k xqIrk) (çnhi dqekj ykB)

lkÖksnkj lkÖksnkj lkÖksnkj
(P. Venugopal) (Avadesh Gupta) (Pradip Kumar Lath)
Partner Partner Partner
lnLÕk la0 035034 lnLÕk la0 516769 lnLÕk la0 054130
M No. 035034 M No. 516769 M No. 054130

ÑRks th ,l ekFkqj ,aM dEiuh ÑRks ,pMh,lth ,aM ,lksfl,V~l

For G S Mathur & Co. For HDSG & Associates
lunh ys[kkdkj & ,IkQvkj,u 008744,u lunh ys[kkdkj & ,IkQvkj,u 002871,u
Chartered Accountants - FRN 008744N Chartered Accountants - FRN 002871N

(jktho dqekj oèkkou) (nychj ¯lg xqykVh)

lk>snkj lk>snkj
(Rajiv Kumar Wadhawan) (Dalbir Singh Gulati)
Partner Partner
lnLÕk la- 091007 lnLÕk la- 081024
M No.091007 M No.081024

fnukad % 15@05@2018
Date : 15/05/2018

LFkku % ubZ fnYyh

3ODFH1HZ'HOKL

133

5 PNB Abridged AR 2017-18 125-133 130718.indd 133 13-Jul-18 4:33:20 PM

 ys•ksa ij fVIif.k;ka NOTES TO ACCOUNTS
1- 05 lgk;d] 10 lg;ksxh ,oa 01 la;qDr m|e (tks iatkc 1. The 05 Subsidiaries, 10 Associates and 01 Joint
uS'kuy cSad ds lkFk] iSjsaV] lewg dk xBu djrs gSa)] lesfdr Venture (which along with Punjab National Bank,
the parent, constitute the Group), considered in the
foÙkh; fooj.k&i=kksa esa ftu vuq"kafx;ksa ij fopkj fd;k x;k gS] SUHSDUDWLRQ RI WKH FRQVROLGDWHG ¿QDQFLDO VWDWHPHQWV
os fuEufyf•r gSa % are as under:
(» esa) (in %)
vuq"kaxh daiuh dk uke dgk¡ xfBr gqbZ fuEufyf•r frfFk;ksa dks 1DPHRIWKH6XEVLGLDU\ &RXQWU\RI % Voting power held
èkkfjr çfr'kr erkfèkdkj &RPSDQ\ incorporation as at
31.03.2018 31.03.2017 31.03.2018 31.03.2017
1- ih,uch fxYVl fyfeVsM* Hkkjr 74.07 74.07 1. PNB Gilts Limited* India 74.07 74.07
2- iatkc uS'kuy cSad ;w-ds- 100.00 100.00 2. Punjab National Bank United Kingdom 100.00 100.00
(baVjuS'kuy)fyfeVsM $ (International) Ltd$.
3- ih,uch buosLVesaV lfoZlst Hkkjr 100.00 100.00 3. PNB Investment Services India 100.00 100.00
fyfeVsM Ltd.
4- Mªd ih,uch cSad fy- HkwVku 51.00 51.00 4. Druk PNB Bank Ltd. Bhutan 51.00 51.00
5- ih,uch chek czksfdax Hkkjr 81.00 81.00 5. PNB Insurance Broking India 81.00 81.00
çk- fy-* Pvt Ltd*

* bu dk;kZy;ksa ds foÙkh; fooj.k i=k dEiuh vfèkfu;e] 2013 ds vUrxZr Hkkjr ds fu;U=kd
 7KH ¿QDQFLDO VWDWHPHQWV RI WKHVH FRPSDQLHV DUH VXEMHFW WR 6WDWXWRU\ $XGLW DQG
,oa egkys•kijh{kd }kjk vuqiwjd ys•k&ijh{kk iwjh gksus vkSj mudh fjiksVZ dh çkfIr ds
vè;èkhu gSaA
$ ih,uch lewg ds lesfdr foÙkh; fooj.k rS;kj djrs le; vu&ys[kkijhf{kr foÙkh; dk;ZokbZ
dh xbZ gS A
daiuh dks lekIr djus ds dne mBk;s tk jgs gSa D;ksafd dEiuh us fnukad 14-02-2011 dks
ykblsal igys gh okfil dj fn;k gS A
$XGLWE\WKH&RPSWUROOHU $XGLWRU*HQHUDORI,QGLDXQGHUWKH&RPSDQLHV$FW
DQGUHFHLSWRIWKHLUUHSRUW
 8QDXGLWHG )LQDQFLDOV KDYH EHHQ WDNHQ ZKLOH SUHSDULQJ FRQVROLGDWHG ¿QDQFLDO
VWDWHPHQWVRI31%JURXS
6WHSVDUHEHLQJWDNHQIRUZLQGLQJXSRIWKHFRPSDQ\DVWKHOLFHQVHKDVDOUHDG\
been surrendered on 14.02.2011.

2- lesfdr foÙkh; fooj.k i=kksa ds fy, fuEufyf•r lg;ksxh 2. Associates / Joint Venture considered in consolidated
laLFkkvksa ij fopkj fd;k x;k gS % ¿QDQFLDOVWDWHPHQWVDUHDVXQGHU
(» esa) (in %)
lg;ksxh dEiuh dk uke ftl ns'k esa fuEufyf•r frfFk;ksa dks 1DPHRIWKH$VVRFLDWH &RXQWU\RI Proportion of ownership
xfBr gqbZ LokfeRo dk çfr'kr Joint Venture incorporation percentage as at
31.03.2018 31.03.2017 31.03.2018 31.03.2017
1- eè; fcgkj xzkeh.k cSd] Hkkjr 35.00 35.00  0DGK\D%LKDU*UDPLQ India 35.00 35.00
iVuk %DQN3DWQD
2- loZ gfj;k.kk xzkeh.k cSad] Hkkjr 35.00 35.00  6DUYD+DU\DQD*UDPLQ India 35.00 35.00
jksgrd %DQN5RKWDN
3- fgekpy xzkeh.k cSad] Hkkjr 35.00 35.00 3. Himachal Pradesh India 35.00 35.00
eaMh *UDPLQ%DQN0DQGL
4- iatkc xzkeh.k cSad] Hkkjr 35.00 35.00  3XQMDE*UDPLQ%DQN India 35.00 35.00
diwjFkyk .DSXUWKDOD
5- loZ ;wih xzkeh.k cSad] Hkkjr 35.00 35.00  6DUYD83*UDPLQ%DQN India 35.00 35.00
esjB Meerut.
6- fçafliy ih,uch ,lsV usiky 21.38 21.38  3ULQFLSDO31%$VVHW India 21.38 21.38
eSustesaV d- çk- fy- 0DQDJHPHQW&R3YW
Ltd.
7- fçafliy VªLVh d- Hkkjr 30.00 30.00
 3ULQFLSDO7UXVWHH&R India 30.00 30.00
çk- fy-
Pvt. Ltd.
8- ih,uch esVykbiQ bafM;k Hkkjr 30.00 30.00
 31%0HWOLIH,QGLD India 30.00 30.00
ba';ksjsal daiuh fy- ,QVXUDQFH&RPSDQ\/WG
9- ts,llh Vsaxjh cSad] ,YekVh] Hkkjr 49.00 49.00
 -6&7HQJUL%DQN .D]DNKDVWDQ 49.00 49.00
dtkf•Lrku $OPDW\.D]DNKVWDQ
10- ih,uch gkmaflax iQkbZusal dtkf•Lrku 32.96 39.08
10. PNB Housing Finance India 32.96 39.08
fyfeVsM Limited
11- ,ojsLV cSad fyfeVsM (la;qDr Hkkjr 20.00 20.00 11. Everest Bank Ltd. (Joint 1HSDO 20.00 20.00
miØe) Venture)

134

6 PNB Full AR 2017-18 134-160 130718.indd 134 13-Jul-18 4:39:29 PM

 iQqVuksV% Footnotes:

2-1 ,ojsLV cSad fyfeVsM dk ys•kadu o"kZ gekjs cSad ls fHkUu gSA  (YHUHVW %DQN /WG IROORZV DFFRXQWLQJ \HDU GLIIHUHQW IURP
WKDWRIWKH3DUHQW

2-2 o"kZ 2017&18 ds fy, fuEufyf•r lg;ksxh dEifu;ksa ls çkIr xSj  7KHEDQN¶VVKDUHLQWKHIROORZLQJ$VVRFLDWHV-RLQW9HQWXUH
ys•k&ijhf{kr foÙkh; fooj.k i=kksa ds vkèkkj ij ys•ksa esa cSad ds 'ks;j KDV EHHQ FRQVLGHUHG LQ WKH DFFRXQWV RQ WKH EDVLV RI
XQDXGLWHG ¿QDQFLDO VWDWHPHQWV UHFHLYHG IRU WKH \HDU
ds fo"k; esa fopkj fd;k x;k gSA 2017-18:-
d- fçafliy ih,uch vlsV eSustesaV dEiuh çk-fy- D 3ULQFLSDO 31% $VVHW 0DQDJHPHQW &RPSDQ\ 3YW
•- fçafliy VªLVh dEiuh çk-fy- Ltd.
E 3ULQFLSDO7UXVWHH&RPSDQ\3ULYDWH/LPLWHG
x- ts,llh (Vsaxjh cSad)] ,YekVh] dtkf•Lrku
F -6&7HQJUL%DQN$OPDW\.D]DNKVWDQ
?k- fgekpy xzkeh.k cSad] eaMh
G +LPDFKDO3UDGHVK*UDPLQ%DQN0DQGL
Ä- iatkc xzkeh.k cSad] diwjFkyk
H 3XQMDE*UDPLQ%DQN.DSXUWKDOD
p- loZ ;wih xzkeh.k cSad] esjB I 6DUYD83*UDPLQ%DQN0HHUXW
N- ih,uch esVykbiQ bafM;k ba';ksjsal daiuh fy- J 31%0HWOLIH,QGLD,QVXUDQFH&RPSDQ\/WG
t- ,ojsLV cSad fy- usiky (la;qDr miØe) K (YHUHVW%DQN/LPLWHG1HSDO-RLQW9HQWXUH
2-3 iw¡th çkjf{kr fufèk @lk• dk fooj.k fuEufyf•r gS %& 2.3 The break-up of Capital Reserve/Goodwill is as
follows: -
(` djksM+ esa) (`LQ&URUH
fooj.k 31.03.2018 31.03.2017 Particulars As on As on
dh fLFkfr dh fLFkfr 31.03.2018 31.03.2017
lk• 0.24 0.24 Goodwill 0.24 0.24
iw¡th çkjf{kr fufèk 66.77 66.77 &DSLWDO5HVHUYHV 66.77 66.77
lk• ('kq¼) 0.00 0.00 Goodwill (Net) 0.00 0.00
lesdu ij iwath çkjf{kr fufèk 66.53 66.53 &DSLWDO5HVHUYHRQ&RQVROLGDWLRQ 66.53 66.53

2.4 Perpetual bonds/sub-ordinated debt raised as Tier I

2-4 csfe;knh caèki=k@xkS.k mèkkjksa ds :i esa Øe'k% Vh;j&A vkSj
and Tier II Capital:
Vh;j&AA iw¡th fuEuor tqVkbZ gSA
(` djksM+ esa) (`LQ&URUH
fooj.k 31.03.2018 31.03.2017 Particulars As on As on
dks dks 31.03.2018 31.03.2017
o"kZ ds nkSjku yksvj Vh;j&AA iw¡th ds :i esa 0.00 17.88 $PRXQWRIVXERUGLQDWHGGHEWUDLVHG 0.00 17.88
tqVkbZ xbZ xkS.k ½.k dh jkf'k DV/RZHU7LHU,,&DSLWDOGXULQJWKH\HDU
o"kZ ds nkSjku vij Vh;j&AA iw¡th ds :i esa 0.00 0 $PRXQWRIVXERUGLQDWHGGHEWUDLVHG 0.00 0
tqVkbZ xbZ xkS.k ½.k dh jkf'k DV8SSHU7LHU,,&DSLWDOGXULQJWKH\HDU
o"kZ ds nkSjku Vh;j&A iw¡th ds :i esa tqVkbZ 1500.00 2379.70 $PRXQWRISHUSHWXDOERQGVUDLVHGDV 1500.00 2379.70
7LHU,&DSLWDOGXULQJWKH\HDU
xbZ csfe;knh caèki=kksa dh jkf'k
 7KHFDSLWDODGHTXDF\UDWLRDVSHU%DVHO,,,RIWKHEDQN
3- cSad lewg dk iw¡th i;kZIrrk vuqikr (csly&III) fuEufyf•r gS%
group is as under:

fooj.k csly III Particulars Basel III

31.03.2018 31.03.2017 31.03.2018 31.03.2017
lkekU; bfDoVh Vh;j A iwath vuqikr (») 6.48 8.17 &RPPRQHTXLW\7LHU&DSLWDOUDWLR 6.48 8.17
(csly AAA) (Basel- III)
Vh;j&1 iwath vuqikr (») (csly AAA) 7.69 9.25 7LHU&DSLWDOUDWLR%DVHO,,, 7.69 9.25
Vh;j&2 iwath vuqikr (») (csly AAA) 2.13 2.73 7LHU&DSLWDOUDWLR%DVHO,,, 2.13 2.73
dqy iwath vuqikr (lhvkj,vkj) (») 9.82 11.98 Total Capital ratio (CRAR) (%) 9.82 11.98
(csly AAA) (Basel- III)

4- ys•k ekudksa }kjk visf{kr çdVhdj.k  'LVFORVXUHVUHTXLUHGE\$FFRXQWLQJ6WDQGDUGV

4-1 ys•k ekud&5 iwoZ vofèk vkSj ys•kadu uhfr esa ifjorZu  $63ULRU3HULRGDQG&KDQJHLQ$FFRXQWLQJ3ROLF\

135

6 PNB Full AR 2017-18 134-160 130718.indd 135 13-Jul-18 4:39:30 PM

 Hkkjrh; lunh ys•kdkj laLFkku }kjk tkjh ys•k ekud&5 ds vèkhu
dksbZ egRoiw.kZ iwoZ&vofèk vk;@O;; dk çdVhdj.k visf{kr ugha gSaA
fiNys o"kZ esa vuqikfyr dh xbZ fdlh ys•kadu uhfr esa dksbZ ifjorZu
ugha fd;k x;k gSA
4-2 ys•k ekud 6 % ewY;ßkl ys•k fofèk
o"kZ esa vkfLr;ksa ds çR;sd oxZ ds fy, fd, x, ewY;ßkl dk C;kSjk
7KHUH ZHUH QR PDWHULDO SULRU SHULRG ,QFRPH([SHQGLWXUH
LWHPV UHTXLULQJ GLVFORVXUH XQGHU $6 LVVXHG E\ 7KH
,QVWLWXWH RI &KDUWHUHG $FFRXQWDQWV RI ,QGLD 7KHUH LV QR
FKDQJHLQDQ\DFFRXQWLQJSROLF\IROORZHGLQWKHSUHYLRXV
\HDU
4.2 AS 6 - Depreciation accounting
%UHDNXSRIWRWDOGHSUHFLDWLRQIRUWKH\HDUIRUHDFKFODVV
RIDVVHWV
(` djksM+ esa) (`LQ&URUH
fooj.k (vkfLr Js.kh) 31.03.2018 31.03.2017
Particulars (Class of Assets) Year Year
dks lekIr dks lekIr ended ended
o"kZ o"kZ 31.03.2018 31.03.2017
ifjlj 83.59 11.02 Premises 83.59 11.02
vU; vpy vkfLr;ka 453.91 382.80 2WKHU¿[HGDVVHWV 453.91 382.80
iêðs okyh vkfLr;ka 0.00 0.00 Leased assets 0.00 0.00
dEI;wVj lkWÝVos;j 43.85 36.66 &RPSXWHUVRIWZDUH 43.85 36.66
tksM+ 581.35 430.48 Total 581.35 430.48

4-3 ys•k ekud 9 % jktLo igpku 4.3 AS 9 - Revenue Recognition

ftl vk; dks olwyh ds vkèkkj ij ys•kafdr fd;k x;k gS mls 7KHLQFRPHZKLFKKDVEHHQDFFRXQWHGIRURQUHDOL]DWLRQ
egRoiw.kZ ugha ekuk x;k gSA basis is not considered to be material.

4-4 ys•k ekud 11 fons'kh fofue; njksa esa ifjorZu % 4.4 AS 11- Changes in foreign exchange rates:

fons'kh fofue; mrkj p<+ko fufèk dh ?kVc<+ % 0RYHPHQWRI([FKDQJH)OXFWXDWLRQ5HVHUYH

jkf'k (` djksM+ esa) $PRXQW`LQ&URUH

fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017

çkjafHkd 'ks"k 609.99 633.63 2SHQLQJ%DODQFH 609.99 633.63

o"kZ ds nkSjku tek 50.85 0.26 &UHGLWHGGXULQJWKH\HDU 50.85 0.26
o"kZ ds nkSjku vkgfjr 45.66 23.90 :LWKGUDZQGXULQJWKH\HDU 45.66 23.90
lekfIr 'ks"k 615.18 609.99 Closing Balance 615.18 609.99

4-5 ys•k ekud 15 deZpkjh ykHk (ewy dEiuh)% 4.5 $6±(PSOR\HHV%HQH¿WV3DUHQW&RPSDQ\

ys[kk ekud 15 (la'kksfèkr) dk izdVhdj.k% DISCLOSURE IN ACCORDANCE WITH AS-15(R):

;kstuk dk çdkj% isa'ku TYPE OF PLAN: PENSION

(jkf'k ` djksM+ esa) $PRXQWVDUHLQ&URUHRI5XSHHV

I. çèkku chekafdd ekU;rk 31 03 2018 31 03 2017 I. PRINCIPAL ACTUARIAL 31 03 2018 31 03 2017

ASSUMPTIONS Expressed as
(Hkkfjr vkSlr ds :i esa O;Dr fd;k weighted averages
x;k)
'LVFRXQW5DWH 7.89% 8.05%
cêðk nj 7.89% 8.05%
6WHDG\6WDWH%DVLF3D\HVFDODWLRQUDWH 2.80% 2.80%
;kstuk vkfLr;ksa ds çfriQy dh laHkkfor nj 2.80% 2.80%
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II. CHANGES IN THE PRESENT
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&vksifuax vkSj Dyksftax 'ks"kksa dk feyku - RECONCILIATION OF OPENING
vofèk dh 'kq:vkr esa nkf;Roksa dk orZeku 22859.81 20179.68 AND CLOSING BALANCES:
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C;kt ykxr 1785.88 1598.26 ,QWHUHVW&RVW 1785.88 1598.26
pkyw lsok ykxr 556.50 540.15 &XUUHQWVHUYLFHFRVW 556.50 540.15
iwoZ lsok ykxr& vekU; Past service cost -Unrecognised
iwoZ lsok ykxr& ekU; 3DVWVHUYLFHFRVW5HFRJQLVHG
iwoZ lsok ykxr& xSj ifj'kksfèkr 3DVWVHUYLFHFRVW1RWDPRUWL]DEOH
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136

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 nkf;Ro ij okLrfod gkfu @ (ykHk) 2272.58 1775.92 Actuarial loss/(gain) on obligation 2272.58 1775.92
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vofèk ds var esa ihohvks 26124.78 22859.81 392DVDWWKHHQGRIWKHSHULRG 26124.78 22859.81

III. ;kstuk vkfLr;ksa ds III. CHANGES IN THE FAIR

VALUE OF PLAN ASSETS -
mfpr ewY; esa ifjorZu&vksifuax RECONCILIATION OF OPENING
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vofèk dh 'kq:vkr esa ;kstuk vkfLr;ksa 24660.65 20841.72 FAIR VALUE OF PLAN ASSETS 24660.65 20841.72
dk mfpr ewY; AS AT THE BEGINNING OF THE
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;kstuk vkfLr;ksa ij laHkkfor çfriQy 2072.16 1799.35
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va'knku 162.60 1347.46
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vofèk ds var esa ;kstuk vkfLr;ksa dk mfpr 25212.04 24660.65
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laosnu'khy çfrHkwfr;ksa ij C;kt nj vkSj 1738.78 3705.67 $FWXDOUHWXUQRQSODQDVVHWVLQFOXGLQJ 1738.78 3705.67
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vofèk ds fy, chekafdd ykHk@(gkfu) -2272.58 -1775.92 $FWXULDOJDLQORVVIRUWKHSHULRG -2272.58 -1775.92
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137

6 PNB Full AR 2017-18 13 -160 160718.indd 137 16-Jul-18 1:53:02 PM

 C;kt ykxr 1785.88 1598.26 ,QWHUHVW&RVW 1785.88 1598.26
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xr lsok ykxr& ekU; 0 0 Past service cost - recognised 0 0
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çkWfiQV ,aM yksl LVsVesaV esa 2876.18 208.67 ([SHQVHVUHFRJQL]HGLQWKHVWDWHPHQW 2876.18 208.67
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çkjfEHkd 'kq¼ ns;rk -1800.84 -662.04 2SHQLQJQHWOLDELOLW\ -1800.84 -662.04
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nkf;Roksa dk orZeku ewY; 26124.78 22859.81
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;kstuk vkfLr;ka 25212.04 24660.65
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;kstuk ns;rkvksa esa vuqHkkfod lek;kstu -122.81 313.46
([SHULHQFHDGMXVWPHQWVRQSODQ -122.81 313.46
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;kstuk vkfLr;ksa esa vuqHkkfod lek;kstu& -333.38 1906.32 ([SHULHQFHDGMXVWPHQWVRQSODQDVVHWV -333.38 1906.32
(gkfu)@ykHk ORVVJDLQ
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PLAN ASSETS (BOOK VALUE
(dqy ;kstuk vkfLr;ksa dk çfr'kr) PROPORTIONS)
Hkkjr ljdkj dh çfrHkwfr;k¡ 8.66% 8.85%
*RYHUQPHQWRI,QGLD6HFXULWLHV 8.66% 8.85%
jkT; ljdkj dh çfrHkwfr;k¡ 30.68% 31.90% State Government Securities 30.68% 31.90%
mPp fdLe ds dkWikZsjsV ckW.M 10.58% 13.82% +LJK4XDOLW\&RUSRUDWH%RQGV 10.58% 13.82%
lwphc¼ dEifu;ksa ds bfDoVh 'ks;j 0.00% 0.00% (TXLW\VKDUHVRIOLVWHGFRPSDQLHV 0.00% 0.00%
laifÙk 0.00% 0.00% 3URSHUW\ 0.00% 0.00%
fo'ks"k tek ;kstuk,a 0.00% 0.00% 6SHFLDO'HSRVLW6FKHPH 0.00% 0.00%
fuxZedrkZ }kjk pykbZ xbZ fufèk;k¡ 37.62% 32.68% )XQGVPDQDJHGE\,QVXUHU 37.62% 32.68%
12.46% 13.00% 2WKHUV,QFOXGLQJ%DQN'HSRVLWVDQG 12.46% 13.00%
vU; cSad tekjkf'k;ka vkSj tek çek.ki=k )'5V
tksM+ 100.00% 100.00%
Total 100.00% 100.00%
XI. vkxkeh o"kZ ds nkSjku 1600.00 1300.00
XI. ENTERPRISE’S BEST ESTIMATE 1600.00 1300.00
,aVjçkbZt ds va'knku dk OF CONTRIBUTION DURING NEXT
Js"Bre vuqeku YEAR

;kstuk dk çdkj% minku TYPE OF PLAN: GRATUITY

I. çèkku chekafdd ekU;rk 31 03 2018 31 03 2017 I. PRINCIPAL ACTUARIAL 31 03 2018 31 03 2017

(Hkkfjr vkSlr ds :i esa ASSUMPTIONS Expressed as
weighted averages
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$WWULWLRQUDWH 1.00% 1.00%
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;kstuk laifÙk ij okilh dh visf{kr nj 8.61% 8.61%
II. CHANGES IN THE PRESENT
II. nkf;Roksa ds orZeku ewY; esa
VALUE OF THE OBLIGATION (PVO)
ifjorZu &vksifuax vkSj Dyksftax - RECONCILIATION OF OPENING
'ks"kksa dk feyku AND CLOSING BALANCES:
vofèk dh 'kq:vkr esa nkf;Roksa dk orZeku ewY; 2930.07 2615.94 392DVDWWKHEHJLQQLQJRIWKHSHULRG 2930.07 2615.94

138

6 PNB Full AR 2017-18 134-160 130718.indd 138 13-Jul-18 4:39:31 PM

 C;kt ykxr 203.08 198.79 Interest Cost 203.08 198.79
pkyw lsok ykxr 236.22 209.55 Current service cost 236.22 209.55
iwoZ lsok ykxr 253.45 0 Past service cost 253.45 0
lanÙk ykHk -349.09 -365.60 %HQH¿WVSDLG -349.09 -365.60
nkf;Ro ij okLrfod gkfu @ (ykHk) 29.19 271.39 Actuarial loss/(gain) on obligation 29.19 271.39
(larqyu vkadM+k) EDODQFLQJ¿JXUH

vofèk ds var esa ihohvks 3302.92 2930.07 392DVDWWKHHQGRIWKHSHULRG 3302.92 2930.07

III. ;kstuk vkfLr;ksa ds mfpr ewY; esa III. CHANGES IN THE FAIR
VALUE OF PLAN ASSETS -
ifjorZu&vksifuax vkSj Dyksftax 'ks"kksa dk RECONCILIATION OF OPENING
feyku AND CLOSING BALANCES:
vofèk dh 'kq:vkr esa ;kstuk vkfLr;ksa dk 3155.83 2666.75 )DLUYDOXHRISODQDVVHWVDVDWWKH 3155.83 2666.75
mfpr ewY; EHJLQQLQJRIWKHSHULRG
;kstuk vkfLr;ksa ij laHkkfor çfriQy 256.69 227.48 ([SHFWHGUHWXUQRQSODQDVVHWV 256.69 227.48
va'knku 0 316.21 Contributions 0 316.21
lanÙk ykHk -349.09 -365.60 %HQH¿WVSDLG -349.09 -365.60
nkf;Ro ij chekafdd gkfu @ (ykHk) -50.47 310.99
$FWXDULDOJDLQORVVRQSODQDVVHWV -50.47 310.99
(larqyu vkadM+k) >EDODQFLQJ¿JXUH@
vofèk ds var esa ;kstuk vkfLr;ksa dk mfpr 3012.96 3155.83
)DLUYDOXHRISODQDVVHWVDVDWWKHHQG 3012.96 3155.83
ewY; RIWKHSHULRG
IV. ;kstuk vkfLr;ksa ij okLrfod IV. ACTUAL RETURN ON PLAN
çfriQy ASSETS
;kstuk vkfLr;ksa ij laHkkfor çfriQy 256.69 227.48 ([SHFWHGUHWXUQRQSODQDVVHWV 256.69 227.48
;kstuk vkfLr;ksa ij chekafdd ykHk (gkfu) -50.47 310.99 $FWXDULDOJDLQORVVRQSODQDVVHWV -50.47 310.99
laosnu'khy çfrHkwfr;ksa ij C;kt nj vkSj 206.22 538.47 $FWXDOUHWXUQRQSODQDVVHWVLQFOXGLQJ 206.22 538.47
,iQMhvkj ij vftZr C;kt lfgr vokLrfod XQUHDOLVHGFDSLWDOJDLQVORVVHVRQ
the interest rate sensitive securities
iwathxr ykHk @ iwath (gkfu) lfgr ;kstuk KHOGLQWKHIXQGDQGLQWHUHVWDFFUXHG
vkfLr;ksa ij okLrfod çfriQy RQ)'5V@
V. ekU; chekafdd ykHk @gkfu V. ACTUARIAL GAIN / LOSS
vofèk ds fy, chekafdd ykHk@(gkfu) -29.19 -271.39 RECOGNI ED
&nkf;Ro $FWXDULDOJDLQORVVIRUWKHSHULRG -29.19 -271.39
Obligation
vofèk ds fy, chekafdd ykHk@(gkfu) -50.47 310.99
$FWXDULDOJDLQORVVIRUWKHSHULRG -50.47 310.99
;kstuk vkfLr;ka Plan Assets
vofèk ds fy, dqy chekafdd ykHk@(gkfu) 79.66 -39.60 7RWDOJDLQORVVIRUWKHSHULRG 79.66 -39.60
vofèk esa ekU; chekafdd ykHk@(gkfu) 79.66 -39.60 $FWXDULDOJDLQORVVUHFRJQL]HGLQWKH 79.66 -39.60
SHULRG
o"kZ ds var esa vekU; chekafdd (gkfu)@ 0 0
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BALANCE SHEET AND RELATED
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;kstuk vkfLr;ksa dk mfpr ewY; 3012.96 3155.83 )DLUYDOXHRISODQDVVHWV 3012.96 3155.83
vUrj 289.96 -225.76 'LIIHUHQFH 289.96 -225.76
vekU; Vªkft'uy ns;rk;sa 0 0 8QUHFRJQLVHGWUDQVLWLRQDOOLDELOW\ 0 0
vekU; xr lsok ykxr 0 0 8QUHFRJQLVHGSDVWVHUYLFHFRVW 0 0
rqyui=k esa ekU; ns;rk,a 289.96 0 /LDELOLW\5HFRJQLVHGLQWKH%DODQFH 289.96 0
Sheet
iSjk 55 ds vUrxZr udkjkRed fuèkkZfjr 0 -225.76
1HJDWLYH$PRXQWGHWHUPLQHGXQGHU 0 -225.76
jkf'k SDUDJUDSK
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dVkSrh dk orZeku ewY; 5HVXOWLQJDVVHWDVSHUSDUDJDUDSK 0 225.76
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VII. ykHk o gkfu •krs esa VII. EXPENSES RECOGNISED IN
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ekU; O;; LOSS:
pkyw lsok ykxr 236.22 209.55 Current service cost 236.22 209.55
C;kt ykxr 203.08 198.79 Interest Cost 203.08 198.79

139

6 PNB Full AR 2017-18 13 -160 160718.indd 139 16-Jul-18 1:5 : 3 PM

 ;kstuk vkfLr;ksa ij laHkkfor çfriQy -256.69 -227.48 Expected return on plan assets -256.69 -227.48
o"kZ ds nkSjku ekU; 'kq¼ chekafdd (ykHk) 79.66 -39.60 Net actuarial (gain)/loss recognised in 79.66 -39.60
@vFkok gkfu the year
0 0 Transitional Liability recognised in the 0 0
o"kZ ds nkSjku ekU; Vªkaft'kuy
year
ns;rk,a
Past service cost-recognised 253.45 0
xr lsok ykxr& ekU; 253.45 0
Effect of the limit under paragraph 0 0
iSjk 59ch esa lhek dk 0 0 59(b)
çHkko Expenses recogni ed in the statement 515.73 141.26
çkWfiQV ,aM yksl LVsVesaV esa ekU; O;; 515.73 141.26 RISUR¿WDQGORVV
VIII. rqyui=k esa ekU; gksus okyh 'kq¼ VIII. MOVEMENTS IN THE LIABILITY
ns;rk esa mrkj&p<+ko RECOGNI ED IN THE BALANCE SHEET

çkjfEHkd 'kq¼ ns;rk -225.76 -50.81 Opening net liability -225.76 -50.81
mDr ds vuqlkj O;; 515.73 141.26 Expense as above 515.73 141.26
lanÙk va'knku 0 -316.21 Contribution paid 0 -316.21
vafre 'kq¼ ns;rk 289.96 -225.76 Closing net liability 289.96 -225.76
IX. orZeku vofèk ds IX. AMOUNT FOR THE CURRENT
fy, jkf'k PERIOD
3302.92 2930.07 Present Value of obligation 3302.92 2930.07
nkf;Roksa dk orZeku ewY;
3012.96 3155.83 Plan Assets 3012.96 3155.83
;kstuk vkfLr;k¡
-289.96 225.76 6XUSOXV'H¿FLW -289.96 225.76
vfèk'ks"k@)?kkVk
;kstuk ns;rkvksa esa vuqHkkfod lek;kstu -145.02 -92.29 Experience adjustments on plan -145.02 -92.29
liabilities -(loss)/gain
&(gkfu)@ykHk
-50.47 310.99 Experience adjustments on plan assets -50.47 310.99
;kstuk vkfLr;ksa esa vuqHkkfod lek;kstu& -(loss)/gain
(gkfu)@ykHk
X. MAJOR CATEGORIES OF
X. ;kstuk vkfLr;ksa dh çeq• Jsf.k;k¡ PLAN ASSETS (BOOK VALUE
(dqy ;kstuk vkfLr;ksa dk çfr'kr) PROPORTIONS)
Hkkjr ljdkj dh çfrHkwfr;k¡ 14.05% 13.54% Government of India Securities 14.05% 13.54%
jkT; ljdkj dh çfrHkwfr;k¡ 32.50% 32.13% State Government Securities 32.50% 32.13%
mPp fdLe ds dkWikZsjsV ckW.M 8.25% 14.05% High Quality Corporate Bonds 8.25% 14.05%
lwphc¼ dEifu;ksa ds bfDoVh 'ks;j 0.00% 0.00% Equity shares of listed companies 0.00% 0.00%
laifÙk 0.00% 0.00% Property 0.00% 0.00%
fo'ks"k tek ;kstuk,a 0.00% 0.00% Special Deposit Scheme 0.00% 0.00%
fuxZedrkZ }kjk pykbZ xbZ fufèk;k¡ 30.05% 14.86% Funds managed by Insurer 30.05% 14.86%
vU; (cSad tekjkf'k;ka vkSj tek çek.ki=k 15.15% 25.42% Others including bank deposits and 15.15% 25.42%
lhMh) CDs
100.00% 100.00% Total 100.00% 100.00%
tksM+
300.00 200.00 XI. ENTERPRISE’S BEST ESTIMATE 300.00 200.00
XI. vkxkeh o"kZ ds nkSjku ,aVjçkbZt ds
OF CONTRIBUTION DURING NEXT
va'knku dk Js"Bre vuqeku YEAR
;kstuk dk çdkj% fo'ks"kkfèkdkj Nqfêð;ksa dk udnhdj.k TYPE OF PLAN: PRIVILEGE LEAVE ENCASHMENT

I. çèkku chekafdd ekU;rk 31 03 2018 31 03 2017 I. PRINCIPAL ACTUARIAL 31 03 2018 31 03 2017

(Hkkfjr vkSlr ds :i esa ASSUMPTIONS Expressed as
O;Dr fd;k x;k) weighted averages

cêðk nj 7.97% 7.37% Discount Rate 7.97% 7.37%

osru esa o`f¼ dh nj 6.00% 6.00% Salary escalation rate 6.00% 6.00%

ßkl nj 1.00% 1.00% Attrition rate 1.00% 1.00%

;kstuk laifÙk ij okilh dh visf{kr nj 0.00% 0.00% Expected rate of return on Plan Assets 0.00% 0.00%
II. nkf;Roksa ds orZeku ewY; esa II. CHANGES IN THE PRESENT
VALUE OF THE OBLIGATION (PVO)
ifjorZu &vksifuax vkSj Dyksftax - RECONCILIATION OF OPENING
'ks"kksa dk feyku AND CLOSING BALANCES:
vofèk dh 'kq:vkr esa nkf;Roksa dk orZeku 1477.52 1401.53 PVO as at the beginning of the 1477.52 1401.53
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6 PNB Full AR 2017-18 13 -160 160718.indd 1 0 16-Jul-18 1:55:59 PM

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 xr lsok ykxr& fufgr ykHk 0 0 3DVWVHUYLFHFRVWYHVWHGEHQH¿WV 0 0

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X.;kstuk vkfLr;ksa dh çeq• Jsf.k;k¡ ASSETS (AS PERCENTAGE OF
(dqy ;kstuk vkfLr;ksa dk çfr'kr) TOTAL PLAN ASSETS)

Hkkjr ljdkj dh çfrHkwfr;k¡ 0.00% 0.00% *RYHUQPHQWRI,QGLD6HFXULWLHV 0.00% 0.00%

jkT; ljdkj dh çfrHkwfr;k¡ 0.00% 0.00% State Government Securities 0.00% 0.00%

0.00% 0.00% +LJK4XDOLW\&RUSRUDWH%RQGV 0.00% 0.00%

mPp fdLe ds dkWikZsjsV ckW.M
0.00% 0.00% (TXLW\VKDUHVRIOLVWHGFRPSDQLHV 0.00% 0.00%
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2WKHUVWRVSHFLI\ 0.00% 0.00%
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va'knku dk Js"Bre vuqeku YEAR

TABLE XII OTHER LONG TERM EMPLOYEE BENEFITS

rkfydk XII- vU; nh?kkZofèk deZpkjh ykHk (xSj fufèkd)
(UNFUNDED)

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(jkf'k #i;s djksM+ esa)
fooj.k vkdfLed Nqêðh ,y,iQlh (xSj flyoj tqcyh cksul Description Sick leave & Un- Leave fare Silver Jubilee
availed casual leave concession %HQH¿WV
lfgr chekjh dh fufèkd) (xSj fufèkd)
Nqêðh (xSj fufèkd) 31.03.2018 31.03.2017 31.03.2018 31.03.2017 31.03.2018 31.03.2017
31.03.2018 31.03.2017 31.03.2018 31.03.2017 31.03.2018 31.03.2017
3UHVHQWYDOXHRIREOLJDWLRQ 63.39 64.65 201.41 138.55 13.52 12.83
nkf;Ro dk orZeku ewY; 63.39 64.65 201.41 138.55 13.52 12.83
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142

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 cSad dh cksMZ }kjk vuqeksfnr ,,l 15 ikWfylh ds vkèkkj ij] 31-03-2018 ds )ROORZLQJ EURDG DVVXPSWLRQV KDYH EHHQ WDNHQ LQ WKH $FWXDULDO
fy, chekafdd ewY;kadu fjiksVZ esa O;kid èkkj.kk,a viukbZ xbZ gSaA Valuation reports for 31.03.2018, based ON THE Board approved
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4-6- 31 ekpZ] 2018 dks lekIr o"kZ gsrq •aMokj lwpuk 4.6 SEGMENT REPORTING FOR THE YEAR ENDED 31ST
MARCH 2018

(jkf'k ` djksM+ esa) (`LQ&URUHV

Ø- fooj.k 31.03.2018 31.03.2017
SI. Particulars Year Ended Year Ended
la- dks lekIr o"kZ dks lekIr o"kZ No. 31.03.2018 31.03.2017
(ys•kijhf{kr) (ys•kijhf{kr) (Audited) (Audited)
(lesfdr) (lesfdr) (Consolidated) (Consolidated)
i. •aMokj jktLo i. 6HJPHQW5HYHQXH
d) Vªstjh 19528.32 17505.57 a) 7UHDVXU\ 19528.32 17505.57
17470.91 23416.62 b) &RUSRUDWH:KROHVDOH 17470.91 23416.62
•) dkWikZsjsV@ gksylsy cSa¯dx
Banking
x) fjVsy cSa¯dx 19093.23 15194.87
c) 5HWDLO%DQNLQJ 19093.23 15194.87
?k) vU; cSa¯dx ifjpkyu 1515.73 1108.60
d) 2WKHU%DQNLQJ2SHUDWLRQV 1515.73 1108.60
tksM+ 57608.19 57225.66 Total 57608.19 57225.66
ii. •aMokj ifj.kke ii. 6HJPHQW5HVXOWV
d) Vªstjh 4473.14 4895.18 a) 7UHDVXU\ 4473.14 4895.18
•) dkWikZsjsV@ gksylsy cSa¯dx - 22241.25 -5934.94 b) &RUSRUDWH:KROHVDOH - 22241.25 -5934.94
x) fjVsy cSa¯dx 328.61 3662.46 Banking
223.36 296.55 c) 5HWDLO%DQNLQJ 328.61 3662.46
?k) vU; cSa¯dx ifjpkyu
-17216.14 2919.25 d) 2WKHU%DQNLQJ2SHUDWLRQV 223.36 296.55
tksM+
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iii. xSj vkcafVr O;; 2630.00 1379.17
iii. 8QDOORFDWHG([SHQVHV 2630.00 1379.17
iv. ifjpkyu ykHk 10432.21 14979.80
iv. 2SHUDWLQJ3UR¿W 10432.21 14979.80
v. dj gsrq çkoèkku -7261.81 638.95
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vi. ([WUDRUGLQDU\,WHPV 0.00 0.00
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vii. 6KDUHRI(DUQLQJVLQ$VVRFLDWHV 473.07 338.09
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viii. vYika'k fgr 18.79 51.98 viii. 0LQRULW\,QWHUHVW 18.79 51.98
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340931.85 329515.04 b) &RUSRUDWH:KROHVDOH 340931.85 329515.04
•) dkWikZsjsV@ gksylsy cSa¯dx Banking
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143

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 (jkf'k ` djksM+ esa) (` in Crores)
Ø- fooj.k 31.03.2018 31.03.2017
SI. Particulars Year Ended Year Ended
la- dks lekIr o"kZ dks lekIr o"kZ No. 31.03.2018 31.03.2017
(ys•kijhf{kr) (ys•kijhf{kr) (Audited) (Audited)
(lesfdr) (lesfdr) (Consolidated) (Consolidated)
?k) vU; cSa¯dx ifjpkyu 22009.28 17896.97 d) Other Banking Operations 22009.28 17896.97
mi tksM+ 758279.71 721714.40 Sub Total 758279.71 721714.40
Ä) xSj vkcafVr vkfLr;k¡ 20715.20 11596.51 e) Unallocated Assets 20715.20 11596.51
dqy vkfLr;k¡ 778994.91 733310.91 Total Assets 778994.91 733310.91
xi. xi. Segment Liabilities
•aMokj ns;rk,a
a) Treasury 231325.44 207791.94
d) Vªstjh 231325.44 207791.94
b) Corporate/Wholesale 329447.47 312861.41
•) dkWikZsjsV@ gksylsy cSa¯dx 329447.47 312861.41
Banking
x) fjVsy cSa¯dx 155029.25 152206.60 c) Retail Banking 155029.25 152206.60
?k) vU; cSa¯dx ifjpkyu 20683.90 17261.33 d) Other Banking Operations 20683.90 17261.33
mi tksM+ 736486.06 690121.28 Sub Total 736486.06 690121.28
Ä) xSj vkcafVr vkfLr;k¡ 23.71 24.76 e) Unallocated Liabilities 23.71 24.76
dqy vkfLr;k¡ 736509.77 690146.04 Total Liabilities 736509.77 690146.04

Hkkx • % HkkSxksfyd •aM Part B GEOGRAPHIC SEGMENTS

(jkf'k ` djksM+ esa) (` in Crores)
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la- 31.03.2018 31.03.2017 No. 31.03.2018 31.03.2017
(Audited) (Audited)
(ys•kijhf{kr) (ys•kijhf{kr) (Consolidated) (Consolidated)
(lesfdr) (lesfdr) 1. Revenue
1. jktLo
a) Domestic 55236.47 55250.01
d- ?kjsyw 55236.47 55250.01
b) International 2371.72 1975.65
•- varjkZ"Vªh; 2371.72 1975.65
57608.19 57225.66 Total 57608.19 57225.66
dqy
2. vkfLr;ka 2. Assets
d- ?kjsyw 691700.87 624192.17 a) Domestic 691700.87 624192.17
•- varjkZ"Vªh; 87294.04 109118.74 b) International 87294.04 109118.74
dqy 778994.91 733310.91 Total 778994.91 733310.91

uksV Note
1- •aMokj ns;rkvksa dks mudh lEc¼ •aMokj vkfLr;ksa ds vuqikr esa 1. Segment Liabilities are distributed in the ratio of their
vkcafVr fd;k x;k gS A respective Segment Assets.

2- fiNyh vofèk ds vkadM+ksa dh vko';drkuqlkj iqu% lewgu@iquoZxhZdj.k 2. Figures of the previous period have been re-grouped /
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4-7 Hkkjrh; lunh ys•kdkj laLFkku }kjk tkjh la'kksfèkr ys•k ekud 4.7 Disclosure of Related Parties as per AS 18 issued by
& 18 ds vuqlkj çdVhdj.k ICAI - Parent Company

lacafèkr ikfVZ;ksa ds uke rFkk cSad ds lkFk muds lacaèk% 1DPHVRIWKHUHODWHGSDUWLHVDQGWKHLUUHODWLRQVKLSZLWKWKH

Bank:
eq[; çcaèku dkfeZd % Key Management Personnel:
i) Jherh m"kk vuarlqczã.;u] çcaèk funs'kd ,oa dk;Zikyd i) Mrs. Usha Ananthasubramanian, Managing Director
vfèkdkjh 05-05-2017 rd dk;Zjr & CEO, Remained upto 05.05.2017.
ii) Jh lquhy esgrk] çcaèk funs'kd ,oa dk;Zikyd vfèkdkjh 05- LL 6KUL6XQLO0HKWD0DQDJLQJ'LUHFWRU &(2ZHI
05-2017 ls çHkko esa 05.05.2017.
iiii) Jh ds oh czãth jko] dk;Zikyd funs'kd iii) Shri K.V.Brahmaji Rao, Executive Director
iv) MkW- jke ,l laxkiwjs] dk;Zikyd funs'kd] 28-02-2018 rd iv) Dr. Ram S.Sangapure, Executive Director, Remained
dk;Zjr upto 28.02.2018.
v) Jh latho 'kj.k] dk;Zikyd funs'kd v) Shri Sanjiv Sharan, Executive Director.
vi) Jh ,y-oh-çHkkdj] dk;Zikyd funs'kd] fnukad 01-03-2018 ls YL 6KUL / 9 3UDEKDNDU ([HFXWLYH 'LUHFWRU ZHI
dk;Zjr 01.03.2018.

144

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iii) ih,uch bUosLVesaV lfoZlst fyfeVsM iii) PNB Investment Services Ltd.

iv) Mªd ih,uch cSad fyfeVsM HkwVku LY 'UXN31%%DQN/WG%KXWDQ

v) ih,uch ba';ksjsal czksfdax çk-fy-* v) PNB Insurance Broking Pvt Ltd*.

*daiuh dks can djus ds dne mBk;s tk jgs gSa] D;ksafd daiuh }kjk 6WHSVDUHEHLQJWDNHQIRUZLQGLQJXSRIWKHFRPSDQ\DV
WKHOLFHQVHKDVDOUHDG\EHHQVXUUHQGHUHGRQ
14-02-2011 dks ykblsal ljsaMj dj fn;k x;k gSA
Associates:
lg;ksxh laLFkk,a
L 3ULQFLSDO 31% $VVHW 0DQDJHPHQW &RPSDQ\ 3YW
i) fçafliy ih,uch vlsV eSustesaV dEiuh çk- fy- Ltd.
ii) fçafliy VªLVh dEiuh çk- fy- LL 3ULQFLSDO7UXVWHH&RPSDQ\3ULYDWH/LPLWHG
iii) ih,uch esVykbiQ bafM;k ,a';ksjsal da- fy- LLL 31%0HWOLIH,QGLD,QVXUDQFH&RPSDQ\/WG
iv) ih,uch gkÅflax iQkbusal fyfeVsM iv) PNB Housing Finance Ltd.
v) ts,llh (VsaxMh cSad) dtkfdLrku Y -6&7HQJUL%DQN$OPDW\.D]DNKVWDQ
vi) eè; fcgkj xzkeh.k cSad] iVuk YL 0DGK\D%LKDU*UDPLQ%DQN3DWQD
vii) loZ gfj;k.kk xzkeh.k cSad] jksgrd YLL 6DUYD+DU\DQD*UDPLQ%DQN5RKWDN
viii) fgekpy çns'k xzkeh.k cSad] e.Mh YLLL +LPDFKDO3UDGHVK*UDPLQ%DQN0DQGL
L[) iatkc xzkeh.k cSad] diwjFkyk L[ 3XQMDE*UDPLQ%DQN.DSXUWKDOD
[) loZ ;wih xzkeh.k cSad] esjB [ 6DUYD83*UDPLQ%DQN0HHUXW
la;qDr m|e Joint Venture:
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145

6 PNB Full AR 2017-18 134-160 130718.indd 145 13-Jul-18 4:39:35 PM

 lacafèkr ikfVZ;ksa ds lkFk ysu nsu
` yk•ksa esa
ewy** (LokfeRo
eq[; çcaèku dkfeZd
ensa@lacafèkr ikVhZ vFkok fu;a=k.k ds vuq"kafx;ka** lg;ksxh@la;qDr m|e eq[; çcaèku dkfeZd ;ksx
ds fj'rsnkj
vuqlkj)
2017-18

2017-18

2017-18

2017-18

2017-18

2017-18
vfèkdre vfèkdre vfèkdre vfèkdre vfèkdre vfèkdre
cdk;k jkf'k cdk;k jkf'k cdk;k jkf'k cdk;k jkf'k cdk;k jkf'k cdk;k jkf'k

ikfjJfed ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – 149.15 ykxw ugha ykxw ugha ykxw ugha 149.15 ykxw ugha
ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – (115.42) ykxw ugha ykxw ugha ykxw ugha (115.42) ykxw ugha
mèkkj ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –

tekjkf'k;k¡ ykxw ugha ykxw ugha ykxw ugha ykxw ugha 186536.12 – 54.13 81.50 0.05 0.73 186590.30 82.23
ykxw ugha ykxw ugha ykxw ugha ykxw ugha (117304.25) – (43.11) (154.23) (0.42) (0.42) (117347.78)
(154.65)
tekjkf'k;ksa dk ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
fu;kstu ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
vfxze ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – 0 0 0 0 0 0
ykxw ugha ykxw ugha ykxw ugha ykxw ugha (0) – (116.41) (117.21) (0) (0) (116.41) (117.21)
'ks;j iw¡th esa fuos'k ykxw ugha ykxw ugha ykxw ugha ykxw ugha 93407.02 – – – – – 93407.02 –
ykxw ugha ykxw ugha ykxw ugha ykxw ugha (99613.74) – – – – – (99613.74) –
½.k i=kksa esa fuos'k ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
xSj fufèkd çfrc¼rk,a ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –

yh x;h yhftax@,pih – – – – – – – – – – – –
O;oLFkk
çkoèkku dh x;h – – – – – – – – – – – –
yhftax@,pih O;oLFkk
vpy vkfLr;ksa dh – – – – – – – – – – – –
Ø;
vpy vkfLr;ksa dh – – – – – – – – – – – –
fcØh
miHkksx dh x;h – – – – – – – – – – – –
yhftax@,pih O;oLFkk
çnÙk C;kt ykxw ugha ykxw ugha ykxw ugha ykxw ugha 4730.37 – – – – – 4730.37 –
ykxw ugha ykxw ugha ykxw ugha ykxw ugha (19471.63) – – – – – (19471.63) –
çkIr C;kt ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
lsok,a çkIr djuk ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
lsok,a çnku djuk ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
çcUèku lafonk,a ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
çkIr ykHkka'k ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
ykxw ugha ykxw ugha ykxw ugha ykxw ugha – – – – – – – –
cSad çHkkj – – – – – – – –

çkIr deh'ku – – – – – – – –

(dks"Bdksa esa fn, x, vkWadM+s fiNys o"kZ ds gSa)

**vuq"kafx;ksa
vkSj dqN lg;ksxh laLFkkvksa ds lkFk gq, ysunsu dk çdVhdj.k ys•k ekud & 18 lEcfUèkr ikVhZ çdVhdj.k ds iSjk 9 ds eísutj ugha fd;k x;k gS tks jkT; }kjk fu;af=kr m|eksa
dks mudh ,slh vU; lEcfUèkr ikfVZ;ksa ls ysunsu esa ls fdlh ls lEcfUèkr lwpuk nsus ls NwV nsrk gS tks jkT; }kjk fu;af=kr gksa A

146

6 PNB Full AR 2017-18 134-160 130718.indd 146 13-Jul-18 4:39:35 PM

 Transactions with Related Parties

(` in lakhs)
Parent** (as per 5HODWLYHVRI.H\
Associates/ Joint .H\0DQDJHPHQW
,WHPV5HODWHG3DUW\ ownership or Subsidiaries** 0DQDJHPHQW Total
ventures Personnel
control) Personnel
2017-18

2017-18

2017-18

2017-18

2017-18

2017-18
0D[LPXP 0D[LPXP 0D[LPXP 0D[LPXP 0D[LPXP 0D[LPXP
DPRXQW DPRXQW DPRXQW DPRXQW DPRXQW DPRXQW
outstanding outstanding outstanding outstanding outstanding outstanding

5HPXQHUDWLRQ 1$ 1$ 1$ 1$ – – 149.15 1$ 1$ 1$ 149.15 1$

1$ 1$ 1$ 1$ – – (115.42) 1$ 1$ 1$ (115.42) 1$

Borrowings 1$ 1$ 1$ 1$ – – – – – – – –
'HSRVLWV 1$ 1$ 1$ 1$ 186536.12 – 54.13 81.50 0.05 0.73 186590.30 82.23

1$ 1$ 1$ 1$ (117304.25) – (43.11) (154.23) (0.42) (0.42) (117347.78)
(154.65)
3ODFHPHQWRI'HSRVLWV 1$ 1$ 1$ 1$ – – – – – – – –

1$ 1$ 1$ 1$ – – – – – – – –

1$ 1$ 1$ 1$ – – 0 0 0 0 0 0

$GYDQFHV
1$ 1$ 1$ 1$ (0) – (116.41) (117.21) (0) (0) (116.41) (117.21)
Investments in share 1$ 1$ 1$ 1$ 93407.02 – – – – – 93407.02 –
FDSLWDO
1$ 1$ 1$ 1$ (99613.74) – – – – – (99613.74) –
Investments in 1$ 1$ 1$ 1$ – – – – – – – –
debentures
1$ 1$ 1$ 1$ – – – – – – – –
1RQIXQGHG 1$ 1$ 1$ 1$ – – – – – – – –
&RPPLWPHQWV
/HDVLQJ+3 – – – – – – – – – – – –
arrangements availed
/HDVLQJ+3 – – – – – – – – – – – –
DUUDQJHPHQWVSURYLGHG
3XUFKDVHRI¿[HG – – – – – – – – – – – –
assets
6DOHRI)L[HG$VVHWV – – – – – – – – – – – –
/HDVLQJ+3 – – – – – – – – – – – –
arrangements availed
,QWHUHVWSDLG 1$ 1$ 1$ 1$ 4730.37 – – – – – 4730.37 –

1$ 1$ 1$ 1$ (19471.63) – – – – – (19471.63) –

Interest received 1$ 1$ 1$ 1$ – – – – – – – –

1$ 1$ 1$ 1$ – – – – – – – –

5HFHLYLQJRI6HUYLFHV 1$ 1$ 1$ 1$ – – – – – – – –

1$ 1$ 1$ 1$ – – – – – – – –

5HQGHULQJRI6HUYLFHV 1$ 1$ 1$ 1$ – – – – – – – –

1$ 1$ 1$ 1$ – – – – – – – –

Management contracts 1$ 1$ 1$ 1$ – – – – – – – –

1$ 1$ 1$ 1$ – – – – – – – –

Dividend received 1$ 1$ 1$ 1$ – – – – – – – –

1$ 1$ 1$ 1$ – – – – – – – –

%DQN&KDUJHV – – – – – – – –
&RPPLVVLRQ5HFHLYHG – – – – – – – –

)LJXUHVLQEUDFNHWVUHODWHWRSUHYLRXV\HDU
7KHWUDQVDFWLRQVZLWKWKHVXEVLGLDULHVDQGFHUWDLQDVVRFLDWHVKDYHQRWEHHQGLVFORVHGLQYLHZRISDUDRI$6µ5HODWHG3DUW\'LVFORVXUH¶ZKLFKH[HPSWVVWDWHFRQWUROOHG
HQWHUSULVHVIURPPDNLQJDQ\GLVFORVXUHVSHUWDLQLQJWRWKHLUWUDQVDFWLRQVZLWKRWKHUUHODWHGSDUWLHVZKLFKDUHDOVRVWDWHFRQWUROOHG

147

6 PNB Full AR 2017-18 134-160 130718.indd 147 13-Jul-18 4:39:36 PM

 4-8- ys•k ekud 20 % çfr 'ks;j vtZu (bZih,l) 4.8. AS 20 - Earnings Per Share

` in Crore) (` in Crores)
fooj.k dks dks Particulars As on As on
31.03.2018 31.03.2017 31.03.2018 31.03.2017
bZih,l Earnings per Share
ewy -54.71 5.78 Basic -54.71 5.78
xSj okf"kZÑr -54.71 5.78 Diluted -54.71 5.78
dj ds i'pkr x.kd ds :i esa mi;ksx -12130.06 1187.24
$PRXQWXVHGDVQXPHUDWRU3UR¿W -12130.06 1187.24
dh xbZ jkf'k ij ykHk@gkfu (` gtkj esa) after tax (` In Crore)
'ks;jksa dk vafdr ewY; ` 2.00 çfr ` 2.00 çfr Nominal value of shares ` 2.00 each ` 2.00 each
ewY;oxZ ds :i esa mi;ksx fd, x, 2217358150 2053213333 Weighted average number of equity 2217358150 2053213333
bfDoVh 'ks;jksa dh Hkkfjr vkSlr la[;k shares used as the denominator

4-9- vkLFkfxr dj vkfLr;k¡ rFkk ns;rkvksa ds çeq[k ?kVd fuEufyf[kr 4.9 Major components of deferred tax assets and liability
gS% are set out below:

(` djksM+ esa) (` in Crores)

fooj.k As on As on Particulars As on As on
31.03.2018 31.03.2017 31.03.2018 31.03.2017
vkLFkfxr dj vkfLr;k¡ Deferred Tax Assets
v'kksè; vkSj lafnXèk ½.k ds fy, çkoèkku 11582.65 6202.99 Provision for bad & doubtful debts 11582.65 6202.99
Nqê~Vh udnhdj.k ds fy, çkoèkku 721.93 558.47 Provision for leave encashment 721.93 558.47
isa'ku o minku ds fy, çkoèkku 350.50 0.06 Provision for Pension & Gratuity 350.50 0.06
èkkjk 43ch ds varxZr lkafofèkd n;rk 0.02 0.02 Statutory Liabilities u/s 43B 0.02 0.02
dj ;ksX; uqdlku (vkxs ys tk;k x;k) 1735.57 0.01 Others 1735.57 0.01
tksM+ 14390.67 6761.55 Total 14390.67 6761.55
vkLFkfxr dj ns;rk,a Deferred Tax Liabilities
vpy vkfLr;ksa ij ewY;ßkl -6.85 -7.23 'HSUHFLDWLRQRQ¿[HGDVVHWV -6.85 -7.23
vk;dj vfèkfu;e] 1961 dh èkkjk 36(1) 499.73 499.73 Deduction u/s 36(1)(viii)of Income- tax 499.73 499.73
(viii) ds varxZr dVkSrh Act,1961
vU; 517.16 0.00 Others 517.16 0.00
tksM+ 1010.04 492.50 Total 1010.04 492.50
vkLFkfxr dj vkfLr;k¡@(ns;rkvksa) 'kq¼ 13380.63 6269.05 Deferred Tax Assets/ (Liability) Net 13380.63 6269.05

4-10- ys•k ekud 28 vkfLr;ksa dk vutZu (bEis;jesaV) 4.10 AS 28 - Impairment of Assets

cSad dh vkfLr;ksa esa i;kZIr fgLlk foÙkh; vkfLr;ksa dk gS ftuij ys•k
ekud 28 ¶vkkfLr;ksa dk vutZu¸ ykxw ugha gSA cSad dh jk; esa bldh
vkfLr;ksa (ftu ij ekud ykxw gksrk gS) dh mDr ekud dh 'krZ ds
vèkhu visf{kr igpku ds fy;s 31 ekpZ 2018 dks fdlh egRoiw.kZ
lhek rd vutZd ugha gSA
4-11 ys•k ekud 29 % çkoèkku] vkdfLed ns;rk,a vkSj vkdfLed
vkfLr;kWa %
i- ns;rkvksa ds fy, çkoèkkuksa esa ?kV&c<+*
A substantial portion of the bank’s assets comprise
RI µ¿QDQFLDO DVVHWV¶ WR ZKLFK $FFRXQWLQJ 6WDQGDUG 
‘Impairment of Assets’ is not applicable. In the opinion of
WKHEDQNWKHUHLVQRLPSDLUPHQWRILWVDVVHWVWRZKLFKWKH
standard applies) to any material extent as at 31st March
2018 requiring recognition in terms of the said standard.
4.11 AS 29 - Provisions, Contingent Liabilities and
Contingent Assets
i. Movement of provisions for liabilities *

(` djksM+ esa) (` in Crores)

fooj.k osru le>kSrs dh dkuwuh ekeys@ Particulars Salary Legal cases/
ckrphr ds vUrxZr vkdfLedrk,¡ arrears under contingencies
osru cdk;k negotiation

1 vçSy] 2017 dks 'ks"k 7.10 24.36 Balance as at 1st April 2017 7.10 24.36
vofèk ds nkSjku çkoèkku 355.55 3.20 Provided during the year 355.55 3.20
vofèk ds nkSjku ç;qDr jkf'k;ka 0.06 0.28 Amounts used during the year 0.06 0.28
vofèk ds nkSjku iyVh x;h jkf'k 0.00 1.58 Reversed during the year 0.00 1.58
31 ekpZ] 2018 dks 'ks"k 362.59 25.70 Balance as at 31st March 2018 362.59 25.70

148

6 PNB Full AR 2017-18 13 -160 160718.indd 1 8 16-Jul-18 2:02:07 PM

 (` djksM+ esa) (`LQ&URUHV
fooj.k osru le>kSrs dh dkuwuh ekeys@ Particulars 6DODU\ Legal cases/
ckrphr ds vUrxZr vkdfLedrk,¡ arrears under contingencies
negotiation
osru cdk;k
cfgxZeu @ vfuf'prrk dk le; okLrfod Hkqxrku ij fuiVku @ 7LPLQJRIRXWÀRZXQFHUWDLQWLHV On actual 2XWÀRZRQ
fØf"Vyhdj.k 3D\PHQW VHWWOHPHQW
FU\VWDOOL]DWLRQ
ij cfgxZu
okLrfod Hkqxrku ij fuiVku @ (On actual 2XWÀRZRQ
fØf"Vyhdj.k 3D\PHQW VHWWOHPHQW
FU\VWDOOL]DWLRQ
ij cfgxZu
([FOXGLQJSURYLVLRQVIRURWKHUV
* vU; ds fy, çkoèkku dks NksM+dj
ii Break-up of “Provisions and Contingencies”
ii- ykHk o gkfu •krs esa O;; 'kh"kZ ds vUrxZr fn•k, x, VKRZQXQGHUWKHKHDG([SHQGLWXUHLQ3UR¿WDQG
¶çkoèkkuksa o vkdfLedrkvksa¸ dk fooj.k fuEufyf•r Loss Account is as follows:
gS%
(` djksM+ esa) (`LQ&URUHV
fooj.k 31-03-2018 31-03-2017 Particulars Year ended Year ended
31.03.2018 31.03.2017
dks lekIr o"kZ dks lekIr o"kZ
fuos'k ij ewY;ßkl ds fy, çkoèkku 2065.65 486.85 3URYLVLRQVIRUGHSUHFLDWLRQRQ 2065.65 486.85
investment
vutZd vkfLr;ksa ds fy, çkoèkku 24847.68 13578.59
0.00 0.00 3URYLVLRQWRZDUGV13$V 24847.68 13578.59
vutZd vkfLr;ksa ds fy, ÝyksfVax
çkoèkku (Hkkjrh; fjtoZ cSad ds )ORDWLQJSURYLVLRQVIRU13$VRYHU 0.00 0.00
DQGDERYH5%,SURYLVLRQLQJQRUPV
çkoèkkuhdj.k ekun.Mksa ls vfèkd)
ekud vkfLr;ksa ds fy, çkoèkku -1507.47 431.36 3URYLVLRQWRZDUGV6WDQGDUG$VVHWV -1507.47 431.36

vk;dj ds fy, fd;k x;k çkoèkku -7264.36 638.97 3URYLVLRQPDGHWRZDUGV,QFRPHWD[ -7264.36 638.97
LQFOXGLQJ)%7 :HDOWK7D[
(,iQ ch Vh rFkk lainkdj lfgr)
vU; çkoèkku ,oa vkdfLedrk,a 4897.23 -1056.89 2WKHU3URYLVLRQV &RQWLQJHQFLHV 4897.23 -1056.89

tksM+ 23038.73 14078.88 Total 23038.73 14078.88

4-12 ÝyksfVax çkoèkkuksa dk fooj.k fuEufyf•r gS % 4.12 Break-up of Floating Provisions is as follows:

(` djksM+ esa) (`LQ&URUHV

fooj.k 31.03.2018 31.03.2017 Particulars 31.03.2018 31.03.2017
 dks 360.25 360.25 2SHQLQJEDODQFHDVRQ 360.25 360.25
çkjfEHkd 'ks"k 
0.00 0.00 4XDQWXPRIÀRDWLQJSURYLVLRQVPDGH 0.00 0.00
o"kZ ds nkSjku fd;s x;s ÝyksfVax çkoèkku
GXULQJWKH\HDU
dh ek=kk
3XUSRVHDQGDPRXQWRIGUDZGRZQ 0.00 0.00
o"kZ ds nkSjku vkgfjr jkf'k dk mís'; 0.00 0.00 PDGHGXULQJWKH\HDU
 dks 360.25 360.25 &ORVLQJEDODQFHDVRQ 360.25 360.25
vfUre 'ks"k 

4-13 vkdfLed ns;rkvksa ij vuqlwph 12 ns•sa
,slh ns;rk,a U;k;ky; @ iapkV @ U;k;ky; ls ckgj le>kSrksa] vihyksa
ds fuiVku rFkk ek¡xh x;h jkf'k] lafonkxr nkf;Roksa dh 'krks± lac¼
ikfVZ;ksa }kjk dh x;h rFkk mBk;h x;h ek¡xksa ij Øe'k% vkèkkfjr gSaA
,sls ekeyksa esa dksbZ çfriwfrZ çR;kf'kr ugha gSA
4-14 cSad ds ;wukbVsM fdaxMe esa fu;a=kd çwMsafl;y fouk;ed çkfèkdj.k
4.13 Refer Schedule-12 on Contingent Liabilities
6XFKOLDELOLWLHVDUHGHSHQGHQWXSRQWKHRXWFRPHRI&RXUW
DUELWUDWLRQRXWRIFRXUWVHWWOHPHQWGLVSRVDORIDSSHDOVDQG
WKHDPRXQWEHLQJFDOOHGXSWHUPVRIFRQWUDFWXDOREOLJDWLRQV
GHYROYHPHQWDQGUDLVLQJRIGHPDQGE\FRQFHUQHGSDUWLHV
UHVSHFWLYHO\1RUHLPEXUVHPHQWLVH[SHFWHGLQVXFKFDVHV
4.14 7KH %DQN KDV LVVXHG D /HWWHU RI &RPIRUW WR 3UXGHQWLDO
(ihvkj,) dks ;w-ds- fLFkr viuh vuq"kaxh iatkc uS'kuy cSad 5HJXODWLRQ $XWKRULW\ 35$ WKH UHJXODWRU LQ 8QLWHG
(baVjuS'kuy) fyfeVsM ds lacaèk esa ,d pqdkSrh vk'oklu i=k tkjh .LQJGRP FRPPLWWLQJ WKDW WKH EDQN VKDOO SURYLGH
fd;k gS ftlesa bl ckr dk vk'oklu fn;k x;k gS fd ;fn iatkc ¿QDQFLDO VXSSRUW WR LWV VXEVLGLDU\ 3XQMDE 1DWLRQDO %DQN
uS'kuy cSad (baVjuS'kuy) fyfeVsM] ;wds viuh foRrh; çfrc¼rk,a ,QWHUQDWLRQDO /WG 8. VR WKDW LW PHHWV LWV ¿QDQFLDO
FRPPLWPHQWVDVDQGZKHQWKH\IDOOGXH
iwjh u dj ik;k rks cSad mls foRrh; lgk;rk çnku djsxk A
$SDUWIURPWKHDERYHWKH%DQNKDVQRWLVVXHGDQ\/HWWHU
mijksDr ds vfrfjDr] cSad us dksbZ ysVj vkWiQ dEiQVZ tkjh ugha fd;s RI&RPIRUWDQGWKHUHIRUHWKHUHDUHQRFXPXODWLYH)LQDQFLDO
gSa vr% ysVj vkWiQ dEiQVZ ds vUrxZr dksbZ lap;h foÙkh; nkf;Ro REOLJDWLRQVXQGHU/HWWHURI&RPIRUW
ugha gSA
149

6 PNB Full AR 2017-18 134-160 130718.indd 149 13-Jul-18 4:39:37 PM

 ;wukbVsM fdaxMe esa fu;a=kd çwMsafl;y fouk;ed çkfèkdj.k (ihvkj,)
us vius i=k fnukad 02-09-2015 ds }kjk cSad dks ¶okp lwph¸ esa j•k
x;k gSA ;gk¡ ij dksbZ fof'k"V çfrcUèk ;k n.M ugha gS A 02-06-2017
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MANAGING DIRECTOR & CEO CHAIRMAN

153

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As per our Report of even date
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For Suri & Co. For SPMG & Co. For MKPS & Associates
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154

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INDEPENDENT AUDITORS’ REPORT ON
CONSOLIDATED FINANCIAL STATEMENTS
OF PUNJAB NATIONAL BANK GROUP
To
The Members of Punjab National Bank,
1. We have audited the attached Consolidated Balance
Sheet of Punjab National Bank, its subsidiaries, associates
and Joint Venture (collectively known as PNB Group) as
at 31st 0DUFK  WKH &RQVROLGDWHG 3UR¿W DQG /RVV
Account and the Consolidated Cash Flow Statement for
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accounting policies and other explanatory information
annexed thereto, in which the following are incorporated:
i) Audited accounts of Punjab National Bank (The
Bank), audited by us, vide our audit report dated
May 15, 2018,
ii) Audited accounts of 2 Subsidiaries and 3 associates,
audited by other auditors and
iii) Unaudited accounts of 3 Subsidiaries, 7 Associates
and 1 Joint Venture.
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fooj.kksa rFkk vU; lwpukvksa dh muds lEcfUèkr ys[kk ijh{kdksa
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31% %DQN /WG ZKRVH ¿QDQFLDO VWDWHPHQWV UHÀHFW WRWDO
assets of `14406.09 Crores as at 31st March 2018 and
total revenues of `788.75 Crores for the year then ended.
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dh ys[kk ijh{kk vius ys[kk ijh{kdksa }kjk dh xbZ gS ftldh fjiksVZ
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vkèkkfjr gSA
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fooj.kksa ftudh ys[kk ijh{kk ,d ys[kk ijhf{kr lg;ksxh ds lkFk
ugha fd;k x;k gS] ftl dkj.k 31-03-2018 dks lekIr o"kZ ds
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been audited by their respective auditors whose reports
have been furnished to us and our opinion is based solely
on the reports of the said auditors.
3. a). The Financial Statements of 3 Subsidiaries, 7
Associates and 1 Joint Venture which have not been
audited contribute ` 172.46 Crore loss to PNB group
for the year ended 31.03.2018.
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fVIi.kh la[;k 2 dh in fVIi.kh (2-2) esa mfYyf[kr lHkh
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statements of 3 Subsidiaries, 7 Associates and 1
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notes to accounts as well as two audited subsidiaries
and three associates of PNB group.
c). Regional Rural Banks (associates) have not
followed Accounting Standard -15 (Revised), issued
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the same on adhoc/pay as you go basis.
4. Subject to our observations in paragraph 2 to 3 above,
we report that the Consolidated Financial Statements
have been prepared by the management of PNB Group in
155
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