Annual Report 2016 -17
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w w w . n a i n i t a l b a n k . c o . i n Opening of Bank's 131st Branch at Ballabhgarh (Haryana) on 04/03/2017
Sh. Mukesh Sharma, Chairman & CEO (in office) funs'kd eaMy Board of Directors
funs'kd eaMy Board of Directors
Sh. Mukesh Sharma Chairman & CEO
Sh. R. K. Gupta Sh. R. K. Bhatia Sh. S. R. Solankee
Prof. (Dr.) V. P. S. Arora Sh. H. K. Awasthi CA Neeraj Sharda
CA Mradul Kumar Agarwal Dr. (Mrs.) K. K. Sharma Sh. Rakesh Nema
Performance Highlights 2016-17
Z! Total Business of the Bank increased from ` 8,049.22 crore as on 31 st March, 2016 to ` 10,132.80 crore as on 31 st March, 2017 showing annualized growth of 25.89%.
Z! Total Deposits increased to ` 6,852.79 crore against ` 5,310.59 crore last year, registered growth of 29.04%.
Z Gross Advances registered a growth of 19.77% over previous year to reach at ` 3,280.01 crore against ` 2,738.63 crore last year.
Z Share of CASA to Total Deposits stood at 33.82% in comparison to last year’s 34.88%.
Z C. D. Ratio of the Bank stood at 47.86% in comparison to last year’s 51.57%.
Z Bank’s Net owned Funds increased to ` 589.46 crore as on March 31 st , 2017 as against ` 525.44 crore last year.
Z Cost of Deposits decreased to 6.29% as on March 31 st , 2017 as against 7.02% last year.
Z Yield on Advances stood at 11.41% in comparison to last year’s 11.69%.
Z Priority Sector Lending stood at 56.43% of Adjusted Net Bank Credit (ANBC) against RBI stipulation of minimum 40%.
Z !"#$%&'() *$+[& +- &.# /%(0 '(1$#%2#3 &+ ` 109.78 crore as on 31 st March, 2017 against ` 83.48 crore as on 31 st March, 2016, registering a growth of 31.50%.
Z 4#& *$+[& +- &.# /%(0 '(1$#%2#3 &+ ` 48.46 crore as on 31 st March, 2017, against ` 46.97 crore as on 31 st March, 2016.
Z Capital Adequacy Ratio stood at 13.02% as per Basel-II and 12.78% as per Basel-III norms as compared to last year’s 15.75% as per Basel-II and 15.69% as per Basel-III norms.
Z Gross NPA to Gross Advances stood at 5.01% as on March 31 st , 2017 as against 4.42% last year.
Z Net NPA to Net Advances stood at 1.25% in comparison to last year’s 1.05 %.
Z Net Interest Margin (NIM) stood at 2.80% in comparison to last year’s 3.02%.
Z Average Return on Assets stood at 0.73% in comparison to last year’s 0.80%.
Z Business per Employee increased to ` 12.71 crore from ` 56789 1$+$# %2 1+:"%$#3 &+ ;%2& <#%$ %(3 *$+[& "#$ =:";+<## 2&';; stood at ` 0.07 crore in comparison to last year’s Rs. 0.07 Crore.
Z Book Value per Share decreased to ` 73.51 as on March 31 st , 2017 as against ` 76.68 last year due to issuance of 1 crore fresh equity share on rights basis.
Z Earning per Share (EPS) increased to ` 7.17 as on March 31 st , 2017 as against ` 6.96 last year. fo"k;&lwph CONTENTS
funs'kd eaMy dh fjiksVZ 1 Report of the Board of Directors
csly –III fiyj –3 izdVhdj.k 39 Basel–III Pillar–3 Disclosures
31 ekpZ] 2017 dh fLFkfr ds vuqlkj rqyu&i= 68 Balance Sheet as on 31st March 2017
31 ekpZ] 2017 dks lekIr gq, o"kZ dk ykHk vkSj gkfu [kkrk 69 *$+[& > ?+22 @11+A(& -+$ &.# B#%$ =(3#3 C52& D%$1.E F658
rqyu&i= dh vuqlwfp;ka 70 Schedules to Balance Sheet
[kkrksa ij fVIif.k;ka 80 Notes on Accounts
Statement of Cash Flow for the Year Ended 31st March, 107 31 ekpZ] 2017 dks lekIr gq, o"kZ ds udnh izokg dk fooj.k 2017
Lora= Yks[kk ijh{kdksa dh fjiksVZ 108 Independent Auditors' Report
gekjh 'kk[kk;sa 115 Our Branch Network funs'kdksa dh fjiksVZ Directors’ Report
funs'kd eaMy dh 95 oha fjiksVZ 95 th REPORT OF THE BOARD OF DIRECTORS fiz; va'k/kkjdksa] Dear Members, vkids funs'kdksa dks foÙkh; o"kZ 2016&17 ds ys[kk ijhf{kr rqyu Ik=] The Directors of your Bank feel immense pleasure in presenting th ykHk&gkfu [kkrs ,oa udnh izokg fooj.kh rFkk O;olk; o ifjpkyu the 95 Annual Report of the Bank along with statement of fooj.kh ds lkFk cSad dh 95oha fjiksVZ izLrqr djrs gq, g"kZ gSA &.# @A3' /%;%(1# G.##&E *$+[& > ?+22 @11+A(&E H%2.IJ;+K Statement and the Report on Business and Operations for the Financial Year 2016-17. egRoiw.kZ izn'kZu ladsrd% KEY PERFORMANCE INDICATORS: Z!cSad dk ldy O;olk; tks] 31 ekpZ] 2016 dks :- 8049-22 djksM+ Z!Total Business of the Bank increased from ` 8,049.22 crore Fkk] 31 ekpZ] 2017 dks 25-89 izfr'kr okÆ"kd o`f) n'kkZrs gq, :- as on 31 st March, 2016 to ` 10,132.80 crore as on 31 st 10132-80 djksM+ jgkA March, 2017 showing annualized growth of 25.89%. Z!cSad dh dqy tek jkf'k 29-04 izfr'kr o`f) ds lkFk #- 6852-79 Z!Total Deposits increased to ` 6,852.79 crore against djksM+ jgh] tks foxr o’kZ #- 5310-59 djksM+ Fkh A ` 5,310.59 crore last year, registered growth of 29.04%. Z!cSad ds ¼ldy½ vfxze] tks foxr o"kZ :- 2738-63 djksM+ Fks] 19-77 Z!Gross Advances registered a growth of 19.77% over izfr'kr o`f) n'kkZrs gq,] bl o"kZ :- 3280-01 djksM+ jgsA previous year to reach at ` 3,280.01 crore against ` 2,738.63 crore last year.
Z!dqy tek jkf'k esa de ykxr okyh tek jkf'k (CASA) dk va'k Z!Share of CASA to Total Deposits stood at 33.82% in foxr o"kZ ds 34-88 izfr'kr dh rqyuk esa bl o"kZ 33-82 izfr'kr jgkA comparison to last year’s 34.88%.
Z!_.k tek vuqikr foxr o"kZ ds 51-57 izfr'kr dh rqyuk esa bl o"kZ Z!C. D. Ratio of the Bank stood at 47.86% in comparison to 47-86 izfr'kr jgkA last year’s 51.57%.
Z!cSad dh 'kq) futh fuf/k tks foxr o"kZ #- 525-44 djksM+ Fkh] ls Z!Bank’s Net owned Funds increased to ` 589.46 crore as on c<+dj 31 ekpZ] 2017 dks #- 589-46 djksM+ jghA March 31st, 2017 as against ` 525.44 crore last year.
Z!tek ykxr foxr o"kZ ds 7-02 izfr'kr ls ?kVdj 31 ekpZ 2017 dks Z!Cost of Deposits decreased to 6.29% as on March 31st, 6-29 izfr'kr jghA 2017 as against 7.02% last year. Z! vfxzeksa ls vk; 11-41 izfr'kr jgh tksfd fiNys o"kZ 11-69 izfr'kr Z!Yield on Advances stood at 11.41% in comparison to last jgh FkhA year’s 11.69%.
Z!lek;ksftr 'kq) cSad _.k dk 56-43 izfr'kr izkFkfedrk izkIr {ks= dks Z!Priority Sector Lending stood at 56.43% of Adjusted Net fn;k x;k tcfd blds fy, Hkk-fj-cSa- }kjk fu/kkZfjr U;wure ekud Bank Credit (ANBC) against RBI stipulation of minimum 40 izfr'kr gSA 40%. Z!ifjpkyu ykHk 31-03-2017 dks 31-50 izfr'kr o`f) n'kkZrs Z!!"#$%&'() *$+[& +- &.# /%(0 '(1$#%2#3 &+ ` 109.78 crore gq, #- 109-78 djksM+ jgk] tks 31-03-2016 dks #- 83-48 djksM+ as on 31st March, 2017 against ` 83.48 crore as on 31st FkkA March, 2016, registering a growth of 31.50%. Z! 'kq) ykHk] tks foxr o"kZ :- 46-97 djksM+ Fkk] 31 ekpZ] 2017 dks Z!4#& *$+[& +- &.# /%(0 '(1$#%2#3 &+ ` 48.46 crore as on 31st c<+dj #- 48-46 djksM+ jgkA March, 2017, against ` 46.97 crore as on 31st March, 2016. Z! iwath Ik;kZIrrk vuqikr csly& II ekudksa ds vuqlkj 13-02 izfr'kr Z!Capital Adequacy Ratio stood at 13.02% as per rFkk csly& III ekudksa ds vuqlkj 12-78 izfr'kr jgk tksfd foxr o"kZ Basel-II and 12.78% as per Basel-III norms as compared to esa csly& II ekudksa ds vuqlkj 15-75 izfr'kr rFkk csly& III ekudksa last year’s 15.75% as per Basel-II and 15.69% as per Basel-III ds vuqlkj 15-69 izfr'kr jgk FkkA norms.
Z!ldy vfxzeksa esa ldy xS-fu-v- ¼,u-ih-,-½ tks foxr o"kZ 4-42 Z!Gross NPA to Gross Advances stood at 5.01% as on March izfr'kr Fkh 31 ekpZ] 2017 dks 5-01 izfr'kr jghaA 31 st , 2017 as against 4.42% last year. Z!'kq) xS-fu-v- ¼,u-ih-,-½ dk izfr'kr 1-25 izfr'kr jgk tks fd foxr Z!Net NPA to Net Advances stood at 1.25% in comparison to o"kZ esa 1-05 izfr'kr FkkA last year’s 1.05 %.
1 funs'kdksa dh fjiksVZ Directors’ Report
Z!'kq) C;kt vUrj ¼,uvkbZ,e½ 2-80 izfr'kr jgk tks fd fiNys o"kZ Z!Net Interest Margin (NIM) stood at 2.80% in comparison to 3-02 izfr'kr FkkA last year’s 3.02%. Z!vkSlr vkfLr;ksa ls izkfIr 0-73 izfr'kr jgh tks fd fiNys o"kZ Z!Average Return on Assets stood at 0.73% in comparison to 0-80 izfr'kr jgh FkhA last year’s 0.80%. Z!izfr deZpkjh O;olk; #- 10-78 djksM+ ls c<+dj #- 12-71 djksM + Z!Business per Employee increased to ` 12.71 crore from jgk vkSj izfr deZpkjh ykHk fiNys o"kZ ds leku gh #- 0-07 djksM+ ` 56789 1$+$# %2 1+:"%$#3 &+ ;%2& <#%$ %(3 *$+[& "#$ jgkA Employee still stood at ` 0.07 crore in comparison to last year’s. ` 0.07 crore
Z!izfr “ks;j cgh ewY; tks foxr o’kZ #- 76-68 Fkk 31 ekpZ] 2017 dks Z!Book Value per Share decreased to ` 73.51 as on March 1 djksM+ u;s lerk va'k tkjh djus ds dkj.k ?kV+dj #- 73-51 31 st , 2017 as against ` 76.68 last year due to issuance of jgkA 1 crore fresh equity share on rights basis. Z!izfr 'ks;j vk; ¼bZ-ih-,l-½] tks foxr o’kZ #- 6-96 Fkh] 31 ekpZ] 2017 Z!Earning per Share (EPS) increased to ` 7.17 as on March dks c<+dj :- 7-17 jgh A 31 st , 2017 as against ` 6.96 last year. oSf'od vkfFkZd ifjn`'; GLOBAL ECONOMIC SCENARIO oSf'od fodkl nj o"kZ 2016 esa 2-3 izfr'kr rd de gksus dk vuqeku Global growth is estimated to have fallen to 2.3 percent in 2016— gS tks oSf'od foŸkh; ladV ds ckn ls lcls detksj izn'kZu gSA vYi &.# K#%0#2& "#$-+$:%(1# 2'(1# &.# );+L%; [(%(1'%; 1$'2'27 @(#:'1 oSf'od fuos'k ds lkFk oSf'od O;kikj vkSj detksj gqvkA mHkjrs ckt+kj global investment was accompanied by a further weakening of vkSj fodkl'khy vFkZO;oLFkk es bu foijhr ifjfLFkfr;ksa dks de djus global trade. Mitigating these headwinds for emerging market ds fy, oLrqvksa dh dherksa esa etcwrh vkbZA gkykafd o"kZ ds var esa and developing economies (EMDEs), commodity prices vesfjdh ckaM ls vk; esa vkbZ rsth ls o`f) vkSj ;w-,l- MkWyj dh dherksa esa strengthened. However, the rapid rise in U.S. bond yields and c<+ksrjh ds dkj.k foŸkh; fLFkfr mHkjrs cktkj ,oa foŸkh; vFkZO;oLFkk ds fy, appreciation of U.S. dollar towards the end of the year led to dkQh [k+jkc jgh] vkSj dqN ekeyksa esa egRoiw.kZ iksVZQksfy;ks cfgiZzokg gqvk] % (+&%L;# &').&#('() +- [(%(1'() 1+(3'&'+(2 -+$ =DM=2E %(3 '( 2+:# 1%2#2 2')('[1%(& "+$&-+;'+ +A&\+K27 O( F658E );+L%; )$+K&. 2017 esa eq[; :i ls oLrq fu;kZrd EMDEs ds fØ;kdykiksa es vkus okyh ckèkkvksa esa deh ds dkj.k vk, lq/kkj ls oSf'od o`f) nj 2-7 izfr'kr should pick up to 2.7 percent, with the recovery mainly driven by receding obstacles to activity in commodity-exporting EMDEs. gksuh pkfg,A mUUkr vFkZO;oLFkk detksj varÆufgr o`f) vkSj de eqækLQhfr ls larIr @3P%(1#3 #1+(+:'#2 1+(&'(A# &+ L# %-\'1 L< K#%0 A(3#$;<'() )$+K&. %(3 ;+K '(\%&'+(E K.';# A(1#$&%'(&< %L+A& -A&A$# "+;'1< gS] tcfd Hkfo"; dh uhfr funsZ'k ds ckjs esa vfuf'Pkrrk esa c EMDE growth is expected to accelerate to 4.2 percent in 2017 EMDE dk fodkl 2017 esa 4-2 izfr'kr rd c<+us dk vuqeku gS vkSj o"kZ and to an average of 4.7 percent in 2018-19. EMDEs are forecast 2018&19 esa 4-7 izfr'kr dh vkSlr rd c<+us dk vuqeku gSA EMDEs to contribute 1.6 percentage points to global growth in 2017, 2017 esa oSf'od fodkl ds fy, 1-6 izfr'kr vad ;ksxnku djus ds fy, %11+A(&'() -+$ %L+A& Q6 "#$1#(& +- );+L%; )$+K&. -+$ &.# [$2& &':# iwokZuqeku dj jgs gSa tks fd 2013 ds ckn ls igyh ckj oSf'od fodkl since 2013. Given the expected increases in commodity prices, dk yxHkx 60 izfr'kr gSA oLrqvksa dh dherksa esa vuqekfur c<+ksÙkjh dks particularly for oil, the divergence in growth outlooks between ns[krs gq, fo'ks"k :i ls rsy ds fy, oLrq fu;kZrdksa vkSj vk;krdksa ds chp commodity exporters and importers is on track to narrow. EMDE fodkl n`f"Vdks.k esa varj dks lhfer djus ds jkg ij gS oLrq vk;krd regions with substantial numbers of commodity-importing vFkZO;oLFkkvksa- dh i;kZIr la[;k ds lkFk EMDE {ks=ksa iwoZ ,f'k;k vkSj #1+(+:'#2N=%2& @2'% %(3 &.# *%1'[1E %(3 G+A&. @2'%N%$# iz'kkar ,oa nf{k.k ,f'k;k es Bksl o`f) tkjh jgus dk vuqeku gSaA projected to continue to experience solid growth. Hkkjrh; vkfFkZd ifjn`'; INDIAN ECONOMIC ENVIRONMENT dsaæh; lkaf[;dh laxBu ¼lh,lvks½ vkSj varjkZ"Vªh; eqæk dks"k ¼vkbZ,e,Q½ India has emerged as the fastest growing major economy in ds vuqlkj Hkkjr nqfu;k esa lcls rsth ls c<+rs izeq[k vFkZO;oLFkk ds :i the world as per the Central Statistics Organization (CSO) and International Monetary Fund (IMF). The Government of India esa mHkjk gSA Hkkjr ljdkj us iwokZuqeku yxk;k gS fd foŸk o"kZ 2016&17 2 funs'kdksa dh fjiksVZ Directors’ Report esa Hkkjrh; vFkZO;oLFkk 7-1 izfr'kr dh nj ls c<+sxhA 2016&17 ds vkÆFkd has forecasted that the Indian economy will grow by 7.1 per cent losZ{k.k ds vuqlkj] Hkkjrh; vFkZO;oLFkk dks foŸk o"kZ 2017&18 esa 6-75 in FY 2016-17. As per the Economic Survey 2016-17, the Indian vkSj 7-5 izfr'kr ds chp c<+kuk pkfg,A Hkkjr ds vkÆFkd ewy fl)karksa esa economy should grow between 6.75 and 7.5 per cent in FY lq/kkj] 2015 esa etcwr ljdkj ds lq/kkjksa] Hkkjrh; fjtoZ cSad ¼vkjchvkbZ½ 2017-18. The improvement in India’s economic fundamentals has accelerated in the year 2015 with the combined impact ds eqækLQhfr ij dsfUær gksus ,oa lkSE; oSf'od deksfMVh dherksa ds of strong government reforms, Reserve Bank of India's (RBI) l;qä izHkko ls rsth ls gqvk gSA '(\%&'+( -+1A2 2A""+$ L< L#(')( );+L%; 1+::+3'&< "$'1#27 ewMht us Hkkjr ljdkj dh Baa3 jsÇVx dh ,d ldkjkRed n`f"Vdks.k ds D++3 31-03-17 31-03-16 S. as on As on Ø- Particulars fooj.k dh fLFkfr dh fLFkfr No. 31.03.2017 31.03.2016 la- ds vuqlkj ds vuqlkj 1. dqy C;kt vk; 559.65 536.12 1. Total Interest Income 559.65 536.12 d- vfxzeksa ls C;kt ds #Ik esa vk; 313.19 306.27 (a) Interest Income from Advances 313.19 306.27 [k- fuos'kksa ls C;kt ds #Ik esa vk; 115.57 101.48 (b) Interest Income from Investments 115.57 101.48 Xk- vU; 130.89 128.37 (c) Others 130.89 128.37 2. xSj C;kt vk; 52.44 28.94 2. Non Interest Income 52.44 28.94 dqqy vk;&d ¼1$2½ 612.09 565.06 TOTAL INCOME – A (1+2) 612.09 565.06 3. dqy C;kt tks fn;k x;k 374.48 359.28 3. Total Interest Expended 374.48 359.28 d- Tkek ij fn;k x;k C;kt 367.62 359.18 (a) Interest Expended on Deposits 367.62 359.18 [k- vU; C;kt O;; 6.86 0.10 (b) Other Interest Expenses 6.86 0.10 4. LVkQ ykxr 82.13 83.31 4. Staff Cost 82.13 83.31 5. vU; ifjpkyu ykxr 45.70 38.99 5. Other Operating Costs 45.70 38.99 Lkdy [kpsZ&[k ¼3$4$5½ 502.31 481.58 Total Expenses – B (3+4+5) 502.31 481.58 ifjpkyu ykHk ¼d&[k½ 109.78 83.48 !"#$%&'()*#+[%)-./01 109.78 83.48 izko/kku vkSj vkdfLedrk,a&x 61.32 36.51 Provision & Contingencies – C 61.32 36.51 'kq) ykHk ¼d&[k&x½ 48.46 46.97 2"%)*#+[%)-./0/31 48.46 46.97 foÙkh; vuqikr FINANCIAL RATIOS Ø- 31-03-17 dh 31-03-16 dh S. As on As on fooj.k Particulars la- fLFkfr ds vuqlkj fLFkfr ds vuqlkj No. 31.03.2017 31.03.2016 1. tek dh vkSlr ykxr (%) 6.29 7.02 1. Average Cost of Deposits (%) 6.29 7.02 2. vfxzeksa ls vkSlr izkfIr (%) 11.41 11.69 2. Average Yield on Advances (%) 11.41 11.69 3. 'kq) C;kt ekftZu (%) 2.80 3.02 3. Net Interest Margin (%) 2.80 3.02 4. vkfLr;ksa ls vkSlr izkfIr (%) 0.73 0.80 4. Average Return on Assets (%) 0.73 0.80 vkSlr dk;Z'khy fuf/k esa Staff Expenses to Avg. Working 5. 1.24 1.42 5. 1.24 1.42 Fund (%) LVkQ dk [kpZ (%) !"#$%&'() *$+[& &+ @P)7 V+$0'() vkSlr dk;Z'khy fuf/k ij 6. 1.66 1.42 6. 1.66 1.42 Funds (%) ifjpkyu ykHk (%) 7. izfr 'ks;j vk; ¼#0 esa½ 7.17 6.96 7. EPS (in `) 7.17 6.96 8. izfr 'ks;j cgh ewY; ¼:0 esa½ 73.51 76.68 8. Book Value per share (in `) 73.51 76.68 4 funs'kdksa dh fjiksVZ Directors’ Report iwath dh Ik;kZIrrk CAPITAL ADEQUACY csly& II ds ekudksa ds vUrxZr cSad dh iwath dh i;kZIrrk tks foxr o"kZ Bank’s Capital Adequacy under Basel-II norms stood 13.02% 15-75 izfr'kr Fkh] bl o"kZ 13-02 izfr'kr jghA 31-03-2017 dks ldy against 15.75% last year. Out of the Total Capital Adequacy, Tier-I iwath dh i;kZIrrk esa Vh;j& I iwath 12-54 izfr'kr rFkk Vh;j& II iwath capital was 12.54% and Tier-II was 0.48% as on 31.03.2017. 0-48 izfr'kr jghA csly& III ekudksa ds vUrxZr 31-03-2017 dks cSad dh iwath dh i;kZIrrk The Capital Adequacy under Basel-III norms stood at 12.78% as 12-78 izfr'kr jgh tks foxr o"kZ 15-69 izfr'kr Fkh ftlesa fV;j& I iwath against 15.69%. Out of the Total Capital Adequacy, Tier-I Capital 12-47 izfr'kr rFkk fV;j& II iwath 0-31 izfr'kr gSA was 12.47% & Tier–II was 0.31% as on 31.03.2017. 31-03-2017 dks cSad dh 'kq) futh fuf/k :- 589-46 djksM+ gS tcfd The Net Owned Funds of the Bank is ` 589.46 crore as 31-03-2016 dks ;g :- 525-44 djksM+ FkhA bl izdkj blesa foxr foÙkh; on 31.03.2017 against ` 525.44 crore as on 31.03.2016 o"kZ ls 12-18 izfr'kr dh o`f) gqbZA representing a strengthening of capital by 12.18% over previous [(%(1'%; <#%$7 tek laxzg.k DEPOSIT MOBILISATION cSad dh tek jkf'k;ka tks 31-03-16 dks :- 5311 djksM+ Fkha] 31-03-2017 dks Deposits of the Bank stood at ` 6,853 crore as on 31.03.2017 29-04 izfr”kr dh c dqy tek jkf'k@ TOTAL DEPOSIT tekjkf'k;ksa dk feJ.k@ Deposit Mix 31 ekpZ 2017 dks 31 ekpZ 2016 dks 5 funs'kdksa dh fjiksVZ Directors’ Report de ykxr okyh tek jkf'k@ CASA [Low Cost Deposit) vfxze vfHkfu;kstu CREDIT DEPLOYMENT 31-03-2017 dks cSad dk ldy _.k c<+dj #- 3280 djksM+ gks x;k The Gross Advances of the Bank increased to ` 3,280 crore as tcfd 31-03-2016 dks ;g :- 2739 djksM+ FkkA bl izdkj blesa foxr on 31.03.2017 from ` 2,739 crore on 31.03.2016, showing a rise o"kZ ls 19-77 izfr'kr dh o`f) gqbZA of 19.77% over previous year. ldy vfxze@ Gross Advances izkFkfedrk izkIr {ks= dks _.k iwoZ dh rjg gh Hkk0fj0cSa0 }kjk The Priority Sector Advances of the Bank continued to be higher fuèkkZfjr 40 izfr'kr dh U;wure lhek ls vf/kd jgkA 31-03-2017 dks cSad than regulatory stipulation of RBI @40%. The Gross Priority dk izkFkfedrk izkIr {ks= dks ldy vfxze :- 1556 djksM+ jgk tcfd Sector Advances of the Bank stood at ` 1,556 crore as on 31-03-2016 dks ;g :- 1471 djksM+ Fkk] tks fd cSad ds lek;ksftr “kq) 31.03.2017 against ` 1,471 crore as on 31.03.2016 representing _.k dk 56-43 izfr”kr jgk A 56.43% of Adjusted Net Bank Credit (ANBC). 6 funs'kdksa dh fjiksVZ Directors’ Report izkFkfedrk izkIr {ks=ksa dks _.k@ Priority Sector Advances cSad dk [kqnjk _.k tks 31-03-2016 dks :- 730 djksM+ Fkk] 31 ekpZ] 2017 Retail Advances of the Bank stood at ` 705 crore as on March dks 3-55 izfr”kr dh eanh vafdr djrs gq, #- 705 djksM+ jgkA 31 st , 2017 against ` 730 crore as on 31 st March, 2016, registering a deceleration of 3.55%. vfxzeksa ls vkSlr izkfIr] tks foxr o’kZ 11-69 izfr'kr Fkh] 31-03-2017 dks The Yield on Advances decreased to 11.41% as on 31.03.2017 11-41 izfr'kr jghA against 11.69% as on 31.03.2016. u;s iz;kl NEW INITIATIVES vkt dh oSf”od ifjfLFkfr;ksa esa u dsoy lQyrkiwoZd cSafdax Extensive use of information technology has become a necessity ifjpkyu ds fy, vfirq xzkgdksa dh c<+rh gqbZ ekaxksa dh larqf’V ds fy, not only to carry out successful banking operations but also Hkh lwpuk izkS|kSfxdh dk O;kid iz;ksx vko”;d gks x;k gS A fiNys nks to satisfy growing customer demands in present globalized n”kdksa esa rduhdh izxfr us cSafdax dks iquZifjHkkf’kr fd;k gS A xzkgdksa !"#$%!& !'()*!)+,-')'.%)/ 0,/ -1)'2 )' 02!%+%34)2,-)$ / [! /) dks vkSj vf/kd dq”kyrk ls vkSj izHkkoiw.kZ 7 funs'kdksa dh fjiksVZ Directors’ Report fodkl DEVELOPMENTS Z!{ks=h; dk;kZy;ksa vkSj eq[; dk;kZy; ds lkFk&lkFk {ks=h; dk;kZy; Z!Successfully established Video Conferencing facility y[kuÅ ds chp ohfM;ks dkWUÝsaÇlx dh lQyrkiwoZd LFkkiukA = '. !)D 3#%!,+)E<[0 -),!/)F ,/)E<[0 ),+%!3.#'2)G$ ,) E<[0 1)H;08!%.( Z! cSad dh vpy lEifr;ksa dh fuxjkuh djus ds fy, ,lsV eSustesaV Z Successfully implemented Assets Management Module to ekWM~¸kwy dks lQyrkiwoZd ykxw fd;k x;k vkSj lhch,l ¼fQuØk¶V½ track Fixed Assets of the Bank and made Investment mod- esa fuos'k ekWM~¸kwy ykbo fd;k x;kA ule live in CBS (FinCraft). Z! MsfcV dkMZ ds lQy fØ;kUo;uA Z Successful Implementation of Debit Cards. Z izR;{k lnL; ds :i esa lhVh,l dk lQy fØ;kUo;uA Z Successful Implementation of CTS as a Direct Member. Z ,u;w;wih ¼jk"Vªh; ,dh—r ;w,l,lMh IysVQkeZ½ dk lQy Z) I;00 --<;+) *&?+ & !','#%!) %<) J@@A) BJ,'#%!,+) @!#[ /) dk;kZUo;uA USSD Platform). Z O;kikfjd izfr"Bkuksa esa ihvks,l VÆeuyksa dh LFkkiuk ds lQy Z Successful Implementation of installation POS Terminals at fØ;kUo;uA merchant establishments. Z eksVZxst vkèkkfjr vfxze izLrkoksa ds Rofjr ,oa xq.koÙkk iwoZd fuLrkj.k Z 5 (Five) Naini Loan Points (NLP) were established for quick gsrq 5 uSuh vfxze dsaæksa ¼,u,yiht½ dh LFkkiuk dh xbZA & quality disposal of mortgage based loan proposals. vkfLr xq.koÙkk izcU/ku ASSET QUALITY MANAGEMENT xS-fu-v- ls fuiVus dh fn'kk esa vf/klfdz; joS;k viuk;k rFkk olwyh ds The Bank has a proactive approach towards tackling NPAs and iz;klksa ij /;ku dsfUnzr fd;kA vkfLr;ksa dk oxhZdj.k fuEukuqlkj <%0;- /)$ 0%" $4) <<%$'-()G-- ')0+,--#[0,'#%!-)%<)'2 )7,!8),$ ) detailed below: vkfLr oxhZdj.k ASSET CLASSIFICATION ¼#0 djksM+ esa½ (` in Cr.) 31-03-17 dh fLFkfr 31-03-16 dh fLFkfr As on 31.03.2017 As on 31.03.2016 ds vuqlkj ds vuqlkj jkf'k izfr'kr jkf'k izfr'kr Amount % Amount % ekud 3,115.74 94.99% 2,617.58 95.58% Standard 3,115.74 94.99% 2,617.58 95.58% voekud 76.09 2.32% 55.92 2.04% Sub-Standard 76.09 2.32% 55.92 2.04% lafnX/k 67.14 2.05% 44.74 1.63% Doubtful 67.14 2.05% 44.74 1.63% gkfudj vkfLr 21.04 0.64% 20.39 0.75% Loss assets 21.04 0.64% 20.39 0.75% ldy vfxze 3,280.01 100.00% 2,738.63 100.00% Gross Advances 3,280.01 100.00% 2,738.63 100.00% vkfLr;ksa dk oxhZdj.k @ !!"#!$%&'!!([*'#(+, 31 ekpZ 2017 dks 31 ekpZ 2016 dks 8 funs'kdksa dh fjiksVZ Directors’ Report 31-03-2017 dks cSad dh ldy xSj fu"iknd vkfLr;ka #- 164-27 djksM+ Gross NPA of the Bank increased to ` 164.27 crore as on jgha tcfd 31-03-16 dks ;s :- 121-04 djksM+ FkhaA pkyw foRrh; o’kZ ds 31.03.2017 from ` 121.04 crore as on 31.03.2016. The Bank nkSjku cSad iqjkus xS-fu-v- [kkrksa lfgr gky gh esa xS-fu-v- esa lfEefyr endeavors to recover and upgrade recently added NPA accounts u;s [kkrksa dks lq/kkjus vkSj mUgsa mPprj Lrj ij ykus ds iz;kl dj jgk ,+%!3).#'2)%+/)JAG),00%;!'-)/;$#!3)'2 )0;$$ !')[!,!0#,+)4 ,$() gS A cSad ds “kq) ,u-ih-,- dk “kq) vfxze ls vuqikr 1-25 izfr”kr jgk A Net NPA to Net Advances stood at 1.25% level. fuos'k ifjpkyu INVESTMENT OPERATIONS fofHkUu izfrHkwfr;ksa esa cSad ds dqy fuos'k tks 31-3-2016 dks #- 1381-41 Total Investments of the Bank in various securities stood at ` ` djksM+ Fk]s 31 ekpZ] 2017 dks #- 2104-48 djksM+ jgsA dqy fuos'k dk 53-34 2,104.48 crore as on 31.03.2017 against 1,381.41 crore on 31.03.2016. Out of total investments, 53.34% securities have izfr'kr izfrHkwfr;ka ÞfcØh gsrq miyC/k Js.khß ,oa ÞVsªfMax ds fy, vk;ksftr been “marked to market” in “Available for Sale (AFS) category Js.khß esa Þcktkj ewY; ij fpfUgrß gSa rFkk 'ks"k 46-66 izfr'kr izfrHkwfr;ka K)F +/)<%$):$,/#!3)BFL:CP),!/)$ -')NO(OOP)#-)0+,--#[ /);!/ $) ÞifjiDork vof/k rd j[ks x, fuos'kß Js.kh esa oxhZd`r gSaA “Held to Maturity (HTM)” category. fuos'kksa esa ysu&nsu] izkfIr;ksa esa lokZf/kd o`f) djus rFkk ewY; gzkl ls The investment transactions were taken with a view to maximize lafoHkkx dks lqjf{kr j[kus ds lkFk&lkFk i;kZIr rjyrk cuk;s j[kus ds yield, protect portfolio against depreciation and simultaneously fy, fd;k x;kA !-;$#!3)-;<[0# !')+#Q;#/#'4()) ykHkiznrk PROFITABILITY cSad dk ldy ykHk tks 31-03-2016 dks #- 83-48 djksM+ Fkk] 31-03-2017 E? $,'#!3) A$%[') %<) '2 ) 7,!8) #!0$ ,- /) '%) ` 109.78 crore as st dks 31-50 izfr”kr dh o`f) n”kkZrs gq, #- 109-78 djksM+ jgkA vuqekfur on 31 March, 2017 against ` 83.48 crore as on 31st March, 2016 showing a growth of 31.50%. After making all provisions ns;rkvksa ds fy, lHkh izko/kku djus ds ckn 3-17 izfr”kr dh o`f) <%$) -'#&,' /) +#,=#+#'# -1) '2 ) J ') A$%[') %<) '2 ) 7,!8) -'%%/) ,') n”kkZrs gq, cSad dk 'kq) ykHk 31-03-2017 dks #- 48-46 djksM+ jgk tcfd ` 48.46 crore as on 31 st March, 2017, against ` 46.97 crore as 31-03-2016 dks ;g #- 46-97 djksM+ FkkA izfr 'kk[kk O;olk; 31-03-2016 on 31 st March, 2016, showing an increase of 3.17%. Business ds #- 65-44 djksM+ dh rqyuk esa 31-03-17 dks #- 75-62 djksM+ jgkA per branch increased to ` 75.62 crore as on 31.03.2017 in ?kkVk nsus okyh mu 18 “kk[kkvksa esa ls tks 31-03-2016 ls igys [kksyh xbZ comparison to last year’s ` 65.44 crore as on 31.03.2016. Out Fkh] 8 “kk[kk,a ykHk vftZr djus yxh gSa A rFkkfi 31-03-2017 dks ?kkVk of 18 loss making branches opened before 31.03.2016, 08 =$,!02 -)';$! /)#!'%)?$%[',=+ ()F%. " $)'2 )'%',+)!;&= $)%<)+%--) nsus okyh “kk[kkvksa dh la[;k 23 jgh ftuesa ls 11 “kk[kk,a pkyw foRrh; making branches as on 31.03.2017 stood at 23 which include o’kZ ds nkSjku [kksyh xbaZ gSA RR)! .)=$,!02 -)%? ! /)/;$#!3)'2 )0;$$ !')[!,!0#,+)4 ,$() vkarfjd fu;U=.k O;oLFkk INTERNAL CONTROL SYSTEM cSad dk fujh{k.k izHkkx mfpr ykxr ls cSad ds dk;Z dykiksa ij Inspection division of the Bank is promoting effective control on izHkkoiw.kZ fu;a=.k dks c<+kus ds dk;Z dj jgk gSA csgrj i;Zos{k.k vkSj the affairs of the Bank at a reasonable cost. The ‘Risk Based fu;a=.k ds fy, o"kZ ds nkSjku Þtksf[ke vk/kkfjr vkarfjd ys[kk ijh{kkß Internal Audit’ system has been suitably adopted during the year to have better supervision and control. Audit committee of O;oLFkk dks ;qfDrlaxr #i ls viuk;k x;k gS A fujh{k.k izHkkx funs'kd the Board is also being assisted by Inspection Department to eaMy dh vads{k.k lfefr dks Hkh vkSj vf/kd izHkkoiw.kZ ;s ;kstuk,a gekjs cSad esa Hkkjr ljdkj ds lHkh yksxksa dk chek djkus dh These schemes were launched in our bank from the month of eqfge ds vUrxZr ebZ] 2015 esa izkjEHk dh xbZ A 31 ekpZ] 2017 rd geus May 2015 to support government of India’s initiative of insuring ih,e,lchokbZ esa 22105 yksxksa dks rFkk ih,etstschokbZ esa 8278 yksxksa dks all the people. Till 31 st March, 2017 we have enrolled 22,105 lwphc) fd;k Fkk A persons in PMSBY and 8,278 persons in PMJJBY. 10 funs'kdksa dh fjiksVZ Directors’ Report 'kk[kk usVodZ ,oa 'kk[kk foLrkj dk;ZØe $)*-4,'-1.53)6'('17!*-#/3-'!)38)*""1''''' cSad us o’kZ ds nkSjku &11& ubZ “kk[kk,a [kksyha ftuls 31-03-2017 The Bank has opened -11- new branches during the year dks bldh dqy 'kk[kkvksa dh la[;k 134 gks xbZA cSad dk foRrh; o’kZ increasing its tally to 134 as on 31.03.2017. The Bank is 2017&18 esa 16 vkSj “kk[kk,a [kksyus dk izLrko gS A proposing to open 16 more branches in F.Y. 2017-18. cSad dh orZeku 'kk[kkvksa dk {ks=okj oxhZdj.k fuEukuqlkj gS AREA WISE POSITION OF BRANCHES orZeku 'kk[kkvksa dk {ks=okj oxhZdj.k Area-wise Branches 'kk[kkvksa dh la[;k No. of Branches Ø- la- {ks= S. No. Area 2017* 2016 2017* 2016 1 egkuxjh; 33 24 1 Metro 33 24 2 'kgjh 35 29 2 Urban 35 29 3 v)Z'kgjh 31 40 3 Semi-Urban 31 40 4 xzkeh.k 35 30 4 Rural 35 30 dqy 134 123 Total 134 123 'kk[kkvksa dk {ks=okj foLrkj] o"kZ dh lekfIr ij@ Area-wise Spread of the Branches at the year ended on 31 ekpZ 2017 dks 31 ekpZ 2016 dks * tux.kuk 2011 ds vuqlkj cSad dh 'kk[kkvks dk {ks=okj oxhZdj.k 8$9+/':;%0/$-('00%[-'1%)&$)<$,+'&-./0$'0$2/+$=/&0*0$ !"" orZeku esa cSad dh 'kk[kk;sa ns'k ds 5 jkT;ksa esa gSaA budk jkT; okj fooj.k The Bank is having its presence in -05- states of the country. uhps fn;k x;k gS The State wise position of branches is given below: 'kk[kkvksa dh jkT; okj fLFkfr STATE WISE POSITION OF BRANCHES jkT;okj 'kk[kk,a State-wise Branches 'kk[kkvksa dh la[;k S. No. of Branches Ø- la- jkT; Area 2017 2016 No. 2017 2016 1 mÙkjk[k.M 73 69 1 Uttarakhand 73 69 2 mÙkj izns'k 35 31 2 Uttar Pradesh 35 31 3 fnYyh 16 16 3 Delhi 16 16 4 gfj;k.kk 7 5 4 Haryana 7 5 5 jktLFkku 3 2 5 Rajasthan 3 2 dqy 134 123 Total 134 123 11 funs'kdksa dh fjiksVZ Directors’ Report 'kk[kkvksa dk jkT;okj foLrkj @ State-wise Spread of the Branches at the year ended on 31 ekpZ 2017 dks 31 ekpZ 2016 dks ekuo lalk/ku dh fLFkfr HUMAN RESOURCE POSITION cSad ds dqy deZpkfj;ksa dh laoxZ okj la[;k bl izdkj jgh % The cadre wise strength of Bank staff was as under: Ø-la- laoxZ 2017 2016 S. No. Cadre 2017 2016 1 dk;Zikyd 27 22 1 Executive 27 22 2 vf/kdkjh 326 326 2 ><[-/+0 326 326 3 fyfid 290 276 3 Clerks 290 276 4 v/khuLFk deZpkjh 76 92 4 Sub-Ordinate Staff 76 92 5 va'kdkfyd v/khuLFk deZpkjh 81 82 5 Part Time Sub-Staff 81 82 dqy ;ksx 800 798 TOTAL 800 798 ekuo lalk/ku dh fLFkfr@ Human Resource Position 31 ekpZ 2017 dks 31 ekpZ 2016 dks deZpkfj;ksa dh mijksDr fLFkfr ds vfrfjDr 31&03&2017 dks cSad esa 122 In addition to the above listed position of the Human Resources izcU/ku izf'k{kq ¼eSusteSUV Vª~suht½ Fks A in the Bank, there were -122- Management Trainee in the Bank as on 31.03.2017. fofHkUu laoxksZa@xzsM esa vf/kdkfj;ksa@LVkQ lnL;ksa dh vko';drk dh ?&$)+@/+$1)$-'1/+$1./$&//@$)<$)<[-/+0A01'<<$5/5,/+0$%&$4'+%)*0$ iwfrZ ds fy, vkSj deZpkfj;ksa dks inksUufr dk volj nsus ds fy;s nl cadres/grades and extend career progression opportunities vèkhuLFk deZpkfj;ksa dks fyfid laoxZ esa] rsjg fyfid deZpkfj;ksa dks to the employee, -Ten- Subordinate Staff were promoted to vfèkdkjh laoxZ&dfu"B izcU/ku xzsM@Ldsy& I esa] 32 dfu"B izcUèku Clerical Cadre, -Thirteen- Clerks were promoted to JMGS-I, xzsM@Ldsy& I ls e/; izcU/ku xzsM@Ldsy& II esa] 14 e/; izcU/ku -Thirty Two- $><[-/+0$;/+/$2+)5)1/@$<+)5$BCDE:?$1)$CCDE:??F$ 12 funs'kdksa dh fjiksVZ Directors’ Report xzsM@Ldsy& II ls e/; izcU/ku xzsM@Ldsy& III esa] 10 e/; izcU/ku xzsM@ -Fourteen - $><[-/+0$;/+/$2+)5)1/@$<+)5$CCDE:??$1)$CCDE:???F$ Ldsy& III ls ofj"B izcU/ku xzsM@Ldsy& IV esa ,oa 4 ofj’B izcU/kd -Ten- ><[-/+0$;/+/$2+)5)1/@$%&$CCDE:???$1)$ECDE:?G$F– Four- xzsM@Ldsy IV ls ofj’B izcU/kd xzsM@Ldsy& V es inksUur fd;s x;sA ><[-/+$%&$ECDE:?G$;/+/$2+)5)1/@$1)$ECDE:GH$-Twenty Four- 24 izcU/ku izf”k{kq dfu’B izca/ku xzsM@Ldsy I esa lek;ksftr fd;s x;sA Management Trainees were absorbed in JMGS-I. -30- Clerks cSad es 30 fyfidksa ,oa 100 izcU/ku izf”k{kq dh fu;qfä dh x;hA and -100- Management Trainees were recruited fofHkUu oxZ ds deZpkfj;ksa dks fuCldke&uks,Mk] ,u-vkbZ-ch-,e&iq.ks vkSj Staff members in different Grade/Scales were deputed to and ch-vkbZ-vkj-Mh-& y[kuÅ rFkk cM+kSnk vdkneh esa izf”k{k.k dk;Zdze esa attended training programmes at NIBSCOM-Noida, NIBM-Pune, lgHkkfxrk ds fy;s Hkstk x;k A mUgksaus Hkkjrh; fjtoZ cSad rFkk jkT; BIRD-Lucknow and Baroda Academy. They also participated %&$ 02/-%[-$ ;)+I0.)20A0/5%&'+0$ '++'&3/@$ ,J$ K/0/+4/$ L'&I$ )<$ Lrjh; cSadlZ lfefr vkfn }kjk vk;ksftr fof”k’V odZ”kki@lsfeukj esa Hkh India/State Level Bankers Committee etc. Besides, Training lgHkkfxrk dh A mijksDr ds vykok cSad ds vius LVkQ izf”k{k.k dsUnzz] Programmes were also carried out at Bank’s own Training gY}kuh esa izf”k{k.k dk;Zdze Hkhs pyk, x;s A Centre, at Haldwani. lehf{kr o’kZ ds nkSjku 497 LVkQ lnL;] cSad }kjk rkRdkfyd fpUruh; During the year under review -497- staff members attended fo’k;ksa ij vk;ksftr fofHkUu izf”k{k.k dk;Zdzeksa] lsfeukjksa@dk;Z”kkykvksa various training programmes, seminars/workshops on the esa lfEefyr gq, A subject of immediate concern to the Bank. dkjiksjsV xojuSUl CORPORATE GOVERNANCE cSad dkjiksjsV xojuSUl ds egRo ls ifjfpr gSA og u dsoy oS/kkfud Bank recognizes the importance of corporate governance vis{kkvksa dk vuqikyu dj jgk gS vfirq vius lHkh fgrykHkkfFkZ;ksa ftlesa at all levels. The Bank is not only complying with statutory requirements in this regard but endeavoring to serve the best mlds va”k/kkjd] xzkgd] ljdkj vkSj o`gn #i esa turk lfEefyr gSa ds to all its stakeholders including Shareholders, Customers, loksZRre fgrksa ds fy, lqn`<+ dkjiksjsV xoZuSUl uhfr dk vuqikyu dj Government and Public at large. The Bank’s philosophy on jgk gSA dkjiksjsV xoZusUl ij cSad dk n”kZu ljdkj] Hkk-fj-cSa- vkSj vU; Corporate Governance is to stick to highest level of transparency, fgr ykHkkfFkZ;ksa dks loksZPp Lrj dh ikjnf”kZrk ds lkFk lkQ lqFkjk vkSj all fair and accurate disclosures to the Government & Regulatory ,dne lgh izdVhdj.k djus dk gS] tSlk fd lEcfU/kr dkuwu ds rgr Authorities and other Stakeholders’, as required under relevant mPp Lrj dh O;kolkf;d uSfrdrk dks cuk;s j[kus ds fy;s visf{kr laws, to maintain a high level of business ethics to maximize gS rkfd va”k/kkjdksa ds ewY;ksa dks loksZPp Lrj rd c<+k;k tk lds vkSj shareholders’ value and to protect their interest. The Bank has muds fgrksa dhs lqj{kk dh tk lds A cSad us funs”kd e.My esa lfEefyr formulated a Code of Conduct for its Directors on the Board funs”kdksa] vius ofj’B izcU/ku ftlesa os O;fDr tks blds LFkkbZ izcU/ku and its Senior Management including personnel’s forming Core ny ds lnL; gSa] lfEefyr gSa vkSj ifjpkyudrkZ “kh’kZ vf/kdkfj;ksa ds Management Team and functional Heads of the Bank. fy, ,d vkpkj lafgrk rS;kj dh gS A vPNs dksjiksjsV xojuSUl ds Hkkx ds #i esa gj o’kZ foRrh; o’kZ dh “kq#vkr As a part of good Corporate Governance, a status report is also ij bldh fLFkfr fjiksVZ Hkh funs”kd e.My ds lEeq[k leh{kk ds fy, placed before the Board each year for Board’s review at the j[kh tkrh gS A commencement of Financial Year. dkjiksjsV xojuSUl ds vUrxZr ^xzhu bfufl,fVo* GREEN INITIATIVE UNDER CORPORATE GOVERNANCE ^^xzhu bfuf'k,fVo** dh “kq#vkr dEiuh ekeyksa ds ea=ky; }kjk “GREEN INITIATIVE” was introduced by The Ministry of Corporate Affairs as a part of Corporate Governance, in order to dkjiksjsV xoZuSUl ds ,d Hkkx ds #i esa dh xbZ Fkh rkfd bySDVª~ksfud promote paperless compliances through electronic mode. This ek/;e }kjk dkxt jfgr vuqikyu dk dk;Z fd;k tk ldsA blls is to facilitate early communication of the documents and evade nLrkost tYnh Hksts vkSj izkIr fd, tk ldrs gSa vkSj Mkd ds vkus&tkus loss of statutory documents in postal transit. In this regard, we esa oS/kkfud nLrkostksa ds [kksus dk Hk; ugha jgrk A bl lEcU/k esa geus have initiated to send e-mail to the shareholders’ who have cSad ds mu va”k/kkjdksa dks bZ&esy Hkstuk “kq# fd;k gS ftUgksaus viuk registered their e-mail addresses with the Bank and facilitating bZ&esy irk cSad esa vafdr djk;k gS rFkk cSad dh oSclkbV ls fyad }kjk them with a link on the Bank’s website, providing free access to documents of the Bank like Notice of Annual General Meeting, mUgsa cSad ds izi=ksa tSls& okf’kZd lk/kkj.k lHkk dk uksfVl] cSad dh okf’kZd Annual Report of the Bank which, inter-alia, includes Directors' fjiksVZ] ftlesa vU; ds vykok funs”kdksa dh fjiksVZ vkSj ys[kk ijh{kdksa dh Report and Auditors' Report etc. in order to make it more fjiksVZ vkfn lfEefyr gSa] miyC/k djk;k gS rkfd cSad ds va”k/kkjdksa ds convenient to the shareholders of the Bank to access Statutory fy, oS/kkfud izi=ksa dh izkfIr vf/kd lqfo/kktud gks lds A documents. 13 funs'kdksa dh fjiksVZ Directors’ Report Ekwy izcU/kdh; O;fDr KEY MANAGERIAL PERSONNEL dEiuh vf/kfu;e 2013 ds [k.M 203 esa fn;s x;s izko/kku ds vuqlkj In terms of provisions contained in Section 203 of The Companies Jh eqds”k “kekZ] v/;{k ,oa eq[; dk;Zdkjh vf/kdkjh] Jh iznhi dqekj Act 2013, on the date Mr. Mukesh Sharma (Chairman and Chief MN/-*1%4/$ ><[-/+OF$ C+H$ P+'@//2$ Q*5'+$ Q'('$ R=.%/<$ S%&'&-%'($ dkyk] phQ vkijsfVax vkQhlj ¼lh-vks-vks-½ rFkk phQ QkbZuSfU”k;y ><[-/+:=S>O$'&@$C+H$G%4/I$E'.$R=)52'&J$E/-+/1'+JO$'+/$1./$ vkQhlj ¼lh-,Q-vks-½ vkSj Jh foosd lkg] dEiuh lfpo ewy izcU/kdh; Key Managerial Personnel of the Bank. O;fDr dh ifjf/k esa vkrs gSaA Hkkjrh; fjtoZ cSad us cSad dks v/;{k vkSj izcU/k funs”kd@eq[; dk;Zdkjh Reserve Bank of India has exempted the Bank from ‘Ganguly vf/kdkjh ds inksa dks vyx&vyx djus lEcU/kh Þxkaxqyh desVhß dh Committee’ recommendations pertaining to separating post of flQkfj”kksa ls NwV iznku dh gS A =.'%+5'&$'&@$C'&'3%&3$T%+/-1)+A=.%/<$MN/-*1%4/$)<[-/+H funs'kd eaMy BOARD OF DIRECTORS Z!funs'kd e.My dh lajpuk% Z!Composition of Board: funs”kd e.My dk xBu dEiuh vf/kfu;e] 2013] cSaddkjh fofu;eu The Constitution of the Board is in conformity with relevant vf/kfu;e 1949 ds lEcfU/kr izko/kkuksa] Hkk-fj-cSa- ds funsZ”kksa vkSj provisions of The Companies Act, 2013, The Banking Regulation Act, 1949, RBI directives and Corporate dkjiksjsV xoZuSUl dh vis{kkvksa ds vuq#i gqvk gS A tSlk fd cSad- Governance requirements. The Board members are dkjh fofu;eu vf/kfu;e 1949 esa fofufnZ’V gS funs”kd e.My ds persons of repute, skill having experience & knowledge in lnL; lEekuuh;] dq”ky] vuqHkoh ,oa fofHkUu {ks=ksa tSls cSafdax] 4'+%)*0$0/-1)+0$0*-.$'0$L'&I%&3F$[&'&-/F$'--)*&1'&-JF$(';F$ foRr] dkuwu] d`f’k {ks=] ,dkmUVSUlh vkSj vU; {ks=ksa dk Kku j[krs '3+%-*(1*+/$U$)1./+$'+/'0$'0$02/-%[/@$*&@/+$V./$L'&I%&3$ gSa A Regulation Act, 1949. Z Number of Board Meetings: Z!cksMZ cSBd dh la[;k During the Financial Year 2016-17, total -07-meetings of foRrh; o’kZ 2016&17 ds nkSjku cksMZ dh fofHkUu milfefr;ksa dh the Board of Directors were held in compliance of relevant vusd cSBdksa ds vfrfjDr dEiuh vf/kfu;e 2013 esa fn;s x;s provisions of Companies Act, 2013, in addition to several lEcfUèkr izko/kkuksa ds vuq#i funs”kd e.My dh dqy &7& cSBd meetings of various Sub-Committees of Board. gqbZa A Z Committees of the Board [on the date of reporting]: Z!cksMZ ds lfefr fjiksÉVx dh rkjh[k ij orZeku esa cSad bl izdkj ds :i esa cksMZ ds 11 mi lfefr;ka gSa At present the bank has 11 sub-committees of Board as follows- 1. Audit Committee of Board 1- cksMZ dh ys[kk ijh{kk lfefr 2. Management Committee of Board 2- cksMZ ds izca/ku lfefr 3. Management (ALM & Risk Management) Committee of 3- izca/ku ¼,,y,e vkSj tksf[ke izca/ku½ cksMZ dh lfefr Board 4- vkbZVh j.kuhfr (Strategy) lfefr 4. IT Strategy Committee 5. Stakeholders’ Relationship Committee 5- fgr/kkjd lEcU/k lfefr 6. Nomination and Remuneration Committee 6- ukekadu vkSj ikfjJfed lfefr 7. Customer Service Committee 7- xzkgd lsok lfefr 8. Willful Defaulter Committee 8- foyQqy fMQkWYVj lfefr 9. Corporate Social Responsibility Committee 9- dkWiksZjsV lkekftd ftEesnkjh lfefr 10. Large Value Frauds Committee 10- /kks[kk/kM+h ¼czºn ewY;½ lfefr 11- xSj&lgdkjh m/kkjdrkZ lfefr 11. Non-Co-operative Borrower Committee COMPOSITION OF AUDIT COMMITTEE OF BOARD cksMZ dh ys[kk ijh{kk lfefr dh lajpuk In terms of section 177 of The Companies Act, 2013, the dEiuh vf/kfu;e 2013 ds [k.M 177 ds vuqlkj cSad dh ys[kk ijh{kk composition of the Audit Committee of the Board [on the date of lfefr dh lajpuk ¼fjiksfVZx dh fnukad dks ½ fuEukuqlkj gS%& reporting] is as follows: 14 funs'kdksa dh fjiksVZ Directors’ Report 1- Jh uhjt 'kkjnk v/;{k 1. Shri Neeraj Sharda Chairman 2- izks- ¼MkW½ oh-ih-,l- vjksjk lnL; 2. Prof. (Dr.) V.P.S. Arora Member 3- Jh jke dqekj xqIrk lnL; 3. Mr. Ram Kumar Gupta Member 4- Jh gjh'k dqekj voLFkh lnL; 4. Mr. Harish Kumar Awasthi Member 5- Jh e`nqy dqekj vxzoky lnL; 5. Mr. Mradul Kumar Agarwal Member 6- phQ Qkbusf'k;y @vkijsfVax vkQhlj la;kstd 6. !"#$%&"'(')"(*+,-#.(/"'0%,$[)#. Convener Z!cksMZ dh lajpuk esa ifjorZu% Z Changes in the Composition of the Board: uhps fn;s x;s funs'kdksa us foŸkh; o"kZ ds nkSjku bLrhQk ns fn;k The below mentioned Directors resigned during the Financial Year- Ø-l- uke fnukad DIN l- S. No. Name Date Din No. 1- Jh ,l- Kkuosy 01-06-2016 06958214 1. Mr. S. Gnanavel 01.06.2016 06958214 2- Jh vrqy dqekj vxzoky 29-07-2016 06623937 2. Mr. Atul Kumar Aggarawala 29.07.2016 06623937 3- Jh fouhr dqekj MqMstk 15-08-2016 06734245 3. Mr. Vineet Kumar Dudeja 15.08.2016 06734245 4- Jh jfo dqekj vjksM+k 26-08-2016 07274499 4. Mr. Ravi Kumar Arora 26.08.2016 07274499 foŸkh; o"kZ fuEufyf[kr funs'kdks dh fu;qä dh x;h The below mentioned Directors were appointed during the Financial Year- Ø-l- uke fnukad DIN l- S. No. Name Date Din No. 1- Jh jke dqekj xqIrk 26.08.2016 06932634 1. Mr. Ram Kumar Gupta 26.08.2016 06932634 2- Jh gjh'k dqekj voLFkh 26.08.2016 07582570 2. Mr. Harish Kumar Awasthi 26.08.2016 07582570 3- Jh jkds'k dqekj HkkfV;k 05.11.2016 07583156 3. Mr. Rakesh Kumar Bhatia 05.11.2016 07583156 4- Jh ,l- vkj- lksyadh 23.12.2016 07573549 4. Mr. S. R. Solankee 23.12.2016 07573549 dEiuh vf/kfu;e 2013 dh /kkjk 134¼5½ ds vUrxZr Information u/s 134 (5) of the Companies Act, 2013 - lwpuk &funs'kdksa ds mRrjnkf;Ro dk oDrO; & Directors’ Responsibility Statement funs'kd eaMy ,rn~}kjk ;g fooj.k nsrk gS fd& The Board of Directors hereby state that: Z!;g O;Dr fd;k tkrk gS fd okf"kZd [kkrksa dh rS;kjh ds fy;s ykxw Z!It is stated that for preparation of annual accounts, the ekudksa dk ikyu fd;k x;k gS rkfd cSad ds dk;Zdykiksa dh lgh applicable accounting standards have been followed so as vkSj okLrfod fLFkfr izLrqr dh tk ldsA to give a true and fair view of the state of affairs of the Bank. Z iqu% ;g O;Dr fd;k tkrk gS fd vkids cSad us mu ys[kk uhfr;ksa dks Z!It is further stated that your Bank has opted such accounting pquk gS rFkk mu ij vey fd;k gS tks gekjs fu.kZ; vkSj vkdyu ds policies and applied them consistently, which in Bank’s vuqlkj mfpr ,oa foosdlEer gSa vkSj foŸkh; o"kZ ds var esa cSad ds judgments and estimates are reasonable and prudent and dk;Z&dykiksa rFkk mDr vof/k esa cSad ds ykHk dh lgh ,oa okLrfod give a true and fair view of the state of affairs of the Bank at /!#%#'2%3$%/!#%['(')"(*%4#(.%('2%3$%/!#%-.3[/%3$%/!#%5('6%$3.% fLFkfr dks n'kkZrh gSa A the said period. Z iqu%] funs'kdksa us [kkrksa ds vfHkys[kksa dh ns[k&js[k ds fy, dEiuh Z!Further, the Directors had taken proper and adequate care vf/kfu;e 2013 ds izko/kkuksa ds vuqlkj mfpr ,oa Ik;kZIr lko/kkuh for the maintenance of accounts and records in accordance cjrh gS rkfd cSad dh vkfLr;ka lqjf{kr jgsa rFkk /kks[kk/kM+h vkSj vU; with the provisions of The Companies Act, 2013 for vfu;ferrkvksa dh igpku ,oa jksdFkke gks ldsA safeguarding the assets of the Bank and for prevention and detection of fraud and other irregularities. Z iqu% cSad us lHkh iz;ksT; fu;eksa ds izko/kkuksa dk vuqikyu lqfuf”pr Z!Further, the Bank has devised proper systems to ensure djus ds fy;s mfpr O;oLFkk viuk;h gSA ;g O;oLFkk Ik;kZIr gS rFkk compliance with the provisions of all applicable laws and izHkkoh 15 funs'kdksa dh fjiksVZ Directors’ Report Z iqu% ;g O;Dr fd;k tkrk gS fd funs'kdksa us okf"kZd [kkrksa dks pkyw Z!It is further stated that Directors had prepared the annual dkjksckj vk/kkj ij rS;kj fd;k gSA accounts on a going concern basis. Okkf"kZd fooj.kh ANNUAL RETURN 7!#%53(.2%3$%8".#)/3.9%!#.#:4%)3'[.;9%/!(/%<''=(*%>#/=.'%3$% funs”kd e.My ,rn~}kjk ;g iqf’V djrk gS fd cSad dh 94oha okf’kZd vke the Bank relating to Bank’s 94 th Annual General Meeting has lHkk ls lEcfU/kr okf’kZd fooj.kh fu/kkZfjr le; lhek ds vUrxZr ,oa :##'% [*#2% "'% -.#9).":#2% $3.;(/% ?"/!"'% 9/"-=*(/#2% /";#% ('2% "'% dEiuh vf/kfu;e 2013 ds izko/kkuksa ds vuqlkj jftLVkªj vkQ dEiuht] conformity with provisions of The Companies Act 2013 with the dkuiqj ¼m-iz-½ ds dk;kZy; esa tek dj nh xbZ gSA 95oha okf’kZd vke lHkk 3$[)#%3$%>#0"9/.(.%3$% 3;-('"#9%@('-=.%ABCDE%<''=(*%>#/=.'%3$% ls lEcfU/kr okf’kZd fooj.kh cSad dh vke lHkk ds lEikfnr gksus ds ckn the Bank relating to Bank’s 95 th Annual General Meeting shall be tek dj nh tk;sxhA [*#2%($/#.%)3')*=9"3'%3$%F#'#.(*%G##/"'0%3$%/!#%5('6E% ykHkak'k DIVIDEND vkids funs”kd 31 ekpZ] 2017 dks lekIr gq, o"kZ ds fy, 25 izfr'kr Your Directors recommend dividend of 25% for the Financial ds ykHkka'k dh laLrqfr fuEu izdkj djrs gSa A Year ended March 31, 2017 as follows- 1- 6-75 djksM+ bfDoVh 'ks;jksa ij 25 izfr'kr ykHkka'k dk Hkqxrku 1. 25% Dividend shall be paid on 6.75 Crore Equity fd;k tk,xkA Shares. 2- nks fnuksa ds fy, 25 izfr'kr ykHkka'k dk Hkqxrku ;Fkkuqikr 2. 25% Dividend for two days shall be paid on 1 Crore vk/kkj ij 1 djksM+ u, bfDoVh 'ks;jksa ij fd;k tk,xkA New Equity Shares on pro-rata basis. ;fn okf"kZd lkèkkj.k lHkk eas bldh vuqefr feyrh gS rks o"kZ 2016&17 If approved in the Annual General Meeting the total dividend ds ykHkka'k ij #- 3-44 djksM+ ds ykHkka'k dj lfgr #- 20-38 djksM+ outgo for the Financial Year 2016-17 would be ` 20.38 Crore O;; gksxkA including dividend tax for ` 3.44 Crore. jkbV b';w RIGHTS ISSUE cSfdax fu;ked vfèkfu;e] 1949 ds lSD'ku 12¼1½ ds izkoèkkuksa ,oa In compliance to the recent amendments in The Banking Hkkjrh; fjtoZ cSad dh funsZ'kksa ds vuqlkj cSaad us jkbV b';w }kjk viuh Regulation Act, 1949 proviso to section 12(1) and directions from Reserve Bank of India, the Bank has increased its paid-up/ iznÙk&iwath@vfHknr iwath #- 67-50 djksM+ ls c<+kdj #- 77-50 djksM+ subscribed capital from ` 67.50 Crore to ` 77.50 Crore vides dhA Rights Issue. Tkksf[ke izcU/ku RISK MANAGEMENT cSad esa ges”kk fofHkUu izdkj ds tksf[keksa dh vk”kadk jgrh gS tks fd cSafdax The Bank is exposed to various risks that are an inherent part O;olk; dk fufgr vax gSA izeq[k tksf[ke tSlsfd _.k tksf[ke] cktkj of any banking business. The major risks are credit risk, market tksf[ke] rjyrk tksf[ke o ifjpkyu tksf[ke gSaA LFkk;h o fujUrj fodkl risk, liquidity risk and operational risk. To ensure sustainable and consistent growth, your Bank has developed a sound lqfuf”pr djus ds fy, cSad us ,d Bksl tksf[ke izcU/ku QzseodZ fodflr risk management framework so that the risks assumed by the fd;k gS rkfd cSad }kjk ekuk x;k tksf[ke yxkrkj mfpr #i ls ekik Bank are properly assessed and monitored continuously. It tk lds vkSj mldh fuxjkuh dh tk ldsA ;gka ;g dguk mfpr gS fd may be noted that the ultimate responsibility for setting up the tksf[ke QzseodZ cukuk cSad ds cksMZ dh ije ftEesnkjh gSA izR;sd izdkj risk management framework lies with the Board of the Bank. ds tksf[ke ds fy, fu;a=d #ijs[kk cukus ds iz;kstu ls funs”kd eaMy Policies approved from time to time by the Board of Directors vFkok cksMZ lfefr }kjk le;≤ ij uhfr;ka vuqeksfnr dh tkrh gSA or Committees of the Board form the governing framework for bu uhfr;ksa ds nk;js esa O;kolkf;d xfrfof/k;ka lapkfyr dh tkrh gSaA each type of risk. The business activities are undertaken within fofHkUu tksf[keksa ds fu/kkZj.k] ewY;kadu rFkk izca/ku dh izfdz;k la{ksi esa these policy frameworks. A brief outline of the mechanism for identifying, evaluating and managing various risks within your fuEukuqlkj gS%& Bank is as follows:- vkfLr ns;rk izcU/ku ¼,,y,e½ ASSET LIABILITY MANAGEMENT (ALM) rjyrk tksf[ke og tksf[ke gS ftlesa cSad vkfLr;ksa esa o`f) ;k nkf;Roksa Liquidity risk is the risk that the Bank may not be able to fund dks iwjk djus ds fy, fcuk vLohdk;Z {kfr ds dks’k dh O;oLFkk ugha dj increases in assets or meet obligations as they fall due without ldrk gSA C;kt nj tksf[ke og tksf[ke gS ftlls cktkj C;kt njksa esa incurring unacceptable losses. Interest rate risk is the risk where 16 funs'kdksa dh fjiksVZ Directors’ Report cnyko ls cSad dh vk; esa] “kq) C;kt vk; ls cnyko ,oa C;kt nj change in market interest rates affects the Bank’s earnings laosnu”khy vkfLr;ksa o ns;rkvksa ds vkfFkZd ewY; esa ifjorZu ds ifj.kke through changes in its Net Interest Income (NII) and the market Lo#i cSad dh lk/kkj.k iwath ds cktkj ewY; esa cnyko ds }kjk udkjkRed value of equity through changes in the economic value of its izHkko iM+rk gSA rjyrk ,oa C;kt nj tksf[ke izcU/ku ds fy, uhfr dh interest rate sensitive assets and liabilities. The policy framework #ijs[kk cSad dh ,-,y-,e- uhfr esa LFkkfir gS tks fd fu;ked vkns”kksa ls for liquidity and interest rate risk management is established in ekxZnf”kZr gSA vkids cSad us cksMZ }kjk vuqeksfnr dbZ lhek,a r; dh gS the Bank’s ALM Policy which is guided by regulatory instructions. tSls ifjiDork vUrj lhek] rjyrk vuqikr ds fy, LVkd vuqikr dh Your Bank has established various Board approved limits viz., lhek] C;kt nj tksf[ke ds fy, vk; izHkko ,oa cktkj ewY; izHkko dh maturity gap limits and limits on stock ratios for liquidity ratio and limits on income impact and market value impact for interest rate lhekA vkids cSad dh vkfLr ns;rk lfefr ¼,Ydks½ ;g lqfuf”pr djrh risk. Your Bank’s Asset Liability Committee (ALCO) ensures that gS rjyrk tksf[ke ,oa C;kt nj tksf[ke lgu”khyrk lhek ds vUnj gSA liquidity risk and interest rate risk are within the tolerance limits. blds vfrfjDr vkids cSad ds ikl ,d O;kid cksMZ }kjk vuqeksfnr ruko Additionally, your Bank has a comprehensive Board approved ijh{k.k dk;Zdze gS tks fd rjyrk ,oa C;kt nj tksf[ke dks “kkfey djrk stress testing programme covering liquidity and interest rate risk gS tks fd fu;ked ds ekxZn”kZd fl)kUrksa ls lansf[kr gSA which is aligned with the regulatory guidelines. _.k tksf[ke CREDIT RISK _.k tksf[ke og tksf[ke gS ftls m/kkjdrkZvksa ds _.k dh xq.koRrk .#2"/%>"96%"9%2#['#2%(9%/!#%-399":"*"/4%3$%*399#9%(993)"(/#2%?"/!% esa deh vkus] izfri{kksa ds vpkud fMQkWYV ;k iksVZQksfy;ks esa deh ls the reduction in the credit quality of borrowers or counterparties lEcfUèkr gkfu dh lEHkkouk ds #i esa ifjHkkf’kr fd;k x;k gSA vkids from outright default of from reduction in portfolio value. Your cSad dk _.k tksf[ke izcU/ku ,d O;kid ,oa lqifjHkkf’kr _.k uhfr ds Bank’s Credit Risk management is governed by a comprehensive }kjk fu;af=r gksrk gS tks fd cksMZ }kjk Lohd`r dh x;h gSA iksVZQksfy;ks ('2%?#**H2#['#2% .#2"/%C3*")4%?!")!%"9%(--.3I#2%:4%/!#%53(.2E% esa vuqfpr dsUnzhdj.k tksf[ke dk fuokj.k djus ds fy, cSad us fofHkUu To manage the undue concentration risk in the portfolios, the m|ksxksa] lsDVj o m/kkjdrkZvksa ds fy, izwMsaf”k;y lhek,a r; dh gSaA Bank has put in place prudential caps across industries, sectors Hkkjrh; fjtoZ cSad ds fn”kkfunsZ”kksa ds vuq#i cSad orZeku esa _.k tksf[ke and borrowers. In accordance with the RBI guidelines, Bank is ds fy, LVsUMMkZbTM ,izskp ij dk;Z dj jgk gSA currently on the Standardized Approach for credit risk. Ckktkj tksf[ke MARKET RISK Ckktkj tksf[ke dk rkRi;Z cktkj njksa vFkok VsªfMax iksVZQksfy;ks ds ewY;ksa Market risk is the possibility of loss a Bank may suffer on esa cktkj fLFkfr;ksa esa izfrdwy ifjorZu ds dkj.k lEHkkfor vkfFkZd gkfu;ksa account of changes in values of its trading portfolio, due to ls gSA vkids cSad us viuh Vsªtjh xfrfof/k;ksa dks fu;af=r o ekWuhVj djus change in market variables. Your Bank has clearly articulated ds fy, Li’V uhfr;ka cuk j[kh gSaA vkids cSad ds VsªfMax iksVZQksfy;ks policies to control and monitor its treasury functions. The market esa cktkj tksf[ke dh ,d lqifjHkkf’kr cksMZ }kjk Lohd`r cktkj tksf[ke risk is calculated using Standardized Approach. Market Risk in ikfylh }kjk I;kZIr #i ls ns[kHkky dh tk jgh gSA cktkj tksf[ke dk the trading portfolio of your Bank has been adequately managed vkdyu ekudhd`r fof/k ls fd;k x;k gSA cSad esa cksMZ }kjk Lohd`r ,d /!.3=0!%(%?#**H2#['#2%53(.2%(--.3I#2%;(.6#/%."96%-3*")4E%7!#% fuos”k uhfr gS ftldk fuos”k ;k VsªfMax djrs le; iw.kZr% ikyu fd;k Bank also has an approved investment policy which is adhered while investing or trading. Additionally, Bank has a Board tkrk gSA blds vfrfjDr cSad esa cksMZ }kjk Lohd`r ,d ruko ijh{k.k approved stress test policy and framework which encompasses ikfylh ,oa QzseodZ gS ftlesa cktkj tksf[ke ruko ijh{k.k ifjn`”; the market risk stress test scenarios so that stress losses can “kkfey gS rkfd ruko dks ekik tk lds ,oa i;kZIr fu;a=.k mik; fd;s be measured and adequate control measures can be initiated. tk ldsA ifjpkyu tksf[ke OPERATIONAL RISK ifjpkyu tksf[ke dk rkRi;Z vi;kZIr vFkok vlQy vkarfjd ifjpkyu Operational Risk implies the risk of loss resulting from izfdz;k] yksxksa rFkk iz.kkfy;ksa vFkok ckgjh ?kVdksa ls gkfu ds dkj.k gksus inadequate or failed internal processes, people and systems okyk tksf[ke gSA blesa fof/kd tksf[ke Hkh “kkfey gS] ysfdu dk;Zuhfr or from external events. This includes legal risk, but excludes rFkk izfr’Bk lEcU/kh tksf[ke blesa “kkfey ugha gSaA ifjpkyu tksf[ke dk strategic and reputation risks. The Operational Risk is calculated vkdyu ewyHkwr lwpd iz.kkyh ls fd;k x;k gSA using the Basic Indicator Approach. rjyrk dojst vuqikr LIQUIDITY COVERAGE RATIO (LCR) rjyrk dojst vuqikr cSad rjyrk ds fy, ,d oSf”od U;wure ekud The Liquidity Coverage Ratio (LCR) is a global minimum standard gSA bl vuqikr dk /;s; ;g lqfuf”pr djuk gS fd cSad tks Hkkjrh; for bank liquidity. The ratio aims to ensure that a bank has an 17 funs'kdksa dh fjiksVZ Directors’ Report fjtoZ cSad }kjk fu/kkZfjr egRoiw.kZ xaHkhj ncko ifjos”k esa 30 dSysaMj adequate stock of unencumbered high-quality liquid assets fnuksa dh vko”;drk dks iwjk djus ds fy, Ik;kZIr Hkkj jfgr mPp dksfV (HQLA) that can be converted into cash easily and immediately dh vkfLr;ka j[ks ftUgsa udnh esa cnyk tk ldsA twu] 2014 esa Hkkjrh; to meet its liquidity needs for a 30 calendar day liquidity stress fjtoZ cSad us rjyrk ekudksa ij rjyrk dojst vuqikr ¼,ylhvkj½ vkSj scenario. In June 2014, RBI released Basel–III Framework on Liquidity Standards- Liquidity Coverage Ratio (LCR), Liquidity csly& III QzseodZ ij vk/kkfjr ,ylhvkj izdVhdj.k] ekWfuVfjax VwYl Risk Monitoring Tools and LCR Disclosure Standards. Based on tkjh fd;kA bu fn”kkfunsZ”kksa ds vk/kkj ij ,ylhvkj 1 tuojh] 2015 the guidelines, LCR became effective on January 1, 2015 with ls U;wure 60 izfr”kr vko”;drk ds lkFk cjkcj lkykuk o`f) ds lkFk minimum requirement for the ratio is at 60%, increasing in equal 1 tuojh] 2019 rd 100 izfr”kr ds y{; rd igqapus ds y{; ds lkFk annual increments to reach 100% on January 1, 2019. As per ykxw gks x;kA orZeku esa ykxw fn”kkfunsZ”kksa ds vuqlkj 31 ekpZ] 2017 dks the prevailing guidelines on March 2017, your Bank’s monthly lekIr frekgh ds vk/kkj ij vkids cSad dk ,ylhvkj orZeku U;wure average LCR, for the quarter ended March 31, 2017 was above vko”;drk ls Åij vFkkZr 80 izfr”kr ij FkkA the present minimum requirement i.e. 80%. csly& III dk;kZUo;u BASEL–III IMPLEMENTATION csly& III iwath fofu;eksa dk dk;kZUo;u Hkkjrh; cSadksa }kjk 1 vizSy The Basel–III capital regulations have been implemented by 2013 ls fd;k x;k gSA csly& III esa ljyrk ls ikjxeu ds fy, iawth Indian banks with effect from April 1, 2013. To ensure smooth vko';drk ds vuq#i leqfpr ikjxeuh; O;oLFkk dh xbZ gS vkSj U;wure transition to Basel–III, appropriate transitional arrangements csly& III iwath vuqikrksa o iwath ds ?kVdksa ls lEcfU/kr iw.kZ fu;kedh; have been made with capital requirement and disclosures at lek;kstu dh izkfIr ds fy, foÙkh; ifj.kkeksa ds izdk'ku ds lkFk ?kksf"kr consolidated level which are to be disclosed with the publication djus gsrq lHkh vko';d ?kks"k.kk,a lesfdr Lrj ij dh xbZ gSaA blds 3$%['(')"(*%.#9=*/9%!(I#%:##'%-.3I"2#2%$3.%;##/"'0%/!#%;"'";=;% dk;kZUo;u ds fy, ,d vksj iwath dh ifjof/kZr xq.koÙkk ,oa ek=k vkSj Basel–III capital ratios, full regulatory adjustments to the components of capital. This implementation requires enhanced nwljh vksj vf/kd izdVhdj.k dh vko';drk gSA orZeku esa cSad dh iwath quality and quantity of capital on one side and more elaborate csly& III ds vUrxZr t#jrksa dks iwjk djus ds fy, i;kZIr gSA disclosure on the other. The bank is adequately capitalized as per the current requirements under Basel–III. cSad ds ikl bldh vkUrfjd iwath Ik;kZIrrk izfdz;k ¼vkbZdSi½ esa mu lHkh The Bank has a structured management framework in the tksf[keksa ds egRo dh igpku o ewY;kadu djus ds fy,] ftudk fd cSad Internal Capital Adequacy Assessment Process (ICAAP) for /!#%"2#'/"[)(/"3'%('2%#I(*=(/"3'%3$%/!#%9"0'"[)(')#%3$%(**%."969% dks lkeuk djuk iM+ ldrk gS rFkk tks cSad ds O;olk; o foRrh; fLFkfr that Bank faces, which may have a material adverse impact ij rkfRod foijhr izHkko Mky ldrs gSaA ,d lajfpr izcU/ku QzseodZ gSA 3'%"/9%:=9"'#99%('2%['(')"(*%-39"/"3'E%7!#%5('6%!(9%(%53(.2% cSad ds ikl ,d cksMZ }kjk Lohd`r ruko ijh{k.k QzseodZ gS tks fd cSad approved Stress Testing Framework which forms an integral ds vkbZdSi dk ,d vfHkUu vax gSA ruko ijh{k.k cSad dh pje ijUrq part of the Bank’s ICAAP, stress testing involves the use of lR; izrhr gksus okyh nckoiw.kZ O;olk; fLFkfr;ksa esa laHkkfor lqj{kkfNnzksa various techniques to assess the Bank’s potential vulnerability dk vkdyu djus okyh fofHkUu rduhdksa dks “kkfey djrk gSA fofHkUu to extreme but plausible stressed business conditions. The tksf[keksa ds Lrj esa ifjorZu ,oa cSad ds rqyui= ds “kkfey o mlds changes in the levels of various risks and the changes in the on ckgj dh fLFkfr;ksa esa ifjorZu dfYir ^ruko* ifjn`”; ,oa laosnu”khy and off balance sheet positions of the Bank are assessed under dkjdksa ds vUrxZr ewY;kafdr fd;s tkrs gSaA vke rkSj ij ;s ges'kk cSad assumed “stress” scenarios and sensitivity factors. Typically, /!#9#%.#*(/#J%"'/#.%(*"(J%/3%/!#%";-()/%3'%/!#%5('6R9%-.3[/(:"*"/4% dh ykHkiznÙkk ,oa iwath i;kZIrk ij iM+us okys izHkko ls lacafèkr gksrs gSA and capital adequacy. fuf/k;ksa dh lhekar ykxr ij vk/kkfjr m/kkj nj MARGINAL COST OF FUNDS BASED LENDING ¼,elh,yvkj½ RATE (MCLR) Hkkjrh; fjtoZ cSad us okf.kfT;d cSadksa }kjk m/kkj nj fu/kkZfjr djus dh The Reserve Bank of India has brought a new methodology fuf/k;ksa dh lhekUr ykxr ij vk/kkfjr m/kkj nj ¼,elh,yvkj½ ds uke of setting lending rate by commercial banks under the name ls ,d ubZ i)fr vkjEHk dh gSaaA bl iz.kkyh ls vizSy] 2016 ls ekStwnk Marginal Cost of Funds based Lending Rate (MCLR). It has vk/kkj nj ij vk/kkfjr m/kkj nj iz.kkyh esa la'kks/ku gq,A ;32"[#2%/!#%#L"9/"'0%:(9#%.(/#%949/#;%$.3;%<-."*%MNOP%3'?(.29E%% Hkkjrh; fjtoZ cSad }kjk tkjh u;s fn'kkfunsZ'kksa ds vuqlkj cSadksa dks As per the new guidelines by the RBI, banks have to prepare fuf/k;ksa dh lhekUr ykxr ij vk/kkfjr m/kkj nj rS;kj djuh gS] tks Marginal Cost of Funds based Lending Rate (MCLR) which will be the internal benchmark lending rates. Based upon this fd vkUrfjd cSap ekdZ m/kkj nj gksxhA bl ,elh,yvkj ds vk/kkj MCLR, interest rate for different types of customers should be ij fofHkUu izdkj ds miHkksDrkvksa ds fy, muds tksf[ke ds vuqlkj C;kt 18 funs'kdksa dh fjiksVZ Directors’ Report nj fu/kkZfjr dh tkuh pkfg,A [L#2%"'%())3.2(')#%?"/!%/!#".%."96"'#99E% gekjs cSad us fnukad 1 vizSy] 2016 ls fuf/k;ksa dh lhekUr ykxr ij Our Bank has implemented Marginal Cost of Funds Based vkèkkfjr m/kkj nj ¼,elh,yvkj½ dks dk;kZfUor fd;kA Lending Rate (MCLR) w.e.f 1st April 2016. funs”kd eaMy us fnukad 28 vizSy] 2016 dks vk;ksftr cSBd esa vkfLr Board of Directors in its meeting dated 28th April 2016 ns;rk izcU/ku lfefr ¼,Ydks½ dks fuf/k;ksa dh lhekUr ykxr ij vk/kkfjr authorized the Asset Liability Committee (ALCO) of the bank to m/kkj nj ¼,elh,yvkj½ dks vafre #Ik nsus ,oa bldh x.kuk dh i)fr ['(*"Q#% G(.0"'(*% 39/% 3$% &='29% 5(9#2% R#'2"'0% >(/#% AG R>D% fu/kkZfjr djus ds fy;s izkf/kÑr fd;kA cSadksa dks cSad dh izpfyr i)fr and methodology of computation of Marginal Cost of Funds ds vuqlkj cksMZ vFkok vkfLr ns;rk izcU/ku lfefr ¼,Ydks½ ds vuqeksnu Based Lending Rate (MCLR) for the bank. Banks are required to ls U;wure =Sekfld@ekfld vof/k esa ,d ckj leh{kk djuk ,oa cSad review the Marginal Cost of Funds Based Lending Rate (MCLR) at least once in a quarter/once in month with the approval of the dh osolkbV ij izdkf'kr djuk visf{kr gSA gekjs cSad us vkjchvkbZ ds Board or the Asset liability Management Committees (ALCOs) funs”kkuqlkj =Sekfld vk/kkj ij ¼o’kZ 2016&17 ds fy,½ ,elh,yvkj dh as per the Bank’ practice and publish on the Bank’s website. x.kuk djus dk fu.kZ; fy;k gSA vizSy 2017 ls ,elh,yvkj dh ekfld Our Bank has decided to compute MCLR at quarterly basis (for vk/kkj ij leh{kk dh tk,xhA year 2016-17) as per RBI directives. From April, 2017 onwards MCLR will be reviewed on monthly basis. vkjchvkbZ ds fn”kkfunsZ”kksa ds vuqlkj okLrfod m/kkj nj dk fu/kkZj.k According to the RBI guideline, actual lending rates will be ,elh,yvkj esa dher ykxr varj dks tksM+dj fd;k tk,xkA dher determined by adding the components of spread to the MCLR. ykxr varj dk vFkZ gS fd cSad m/kkj ysus okys ds tksf[ke ds vk/kkj ij Spread means that banks can charge higher interest rate vf/kd C;kt nj fu/kkZfjr dj ldrs gSaA vk/kkj nj ls tqM+h ekStwnk _.k depending upon the riskiness of the borrower. Existing loans ,oa ØsfMV lhek iquHkqZxrku vFkok uohdj.k] tSlk Hkh ekeyk gks] rd and credit limits linked to the Base Rate may continue till tkjh jg ldrh gSaA m/kkj ysus okys ekStwnk xzkgdksa ds ikl ijLij lger repayment or renewal, as the case may be. Existing borrowers will also have the option to move to the Marginal Cost of Funds “krksaZ ij fuf/k;ksa dh lhekUr ykxr ij vkèkkfjr m/kkj nj ¼,elh,yvkj½ based Lending Rate (MCLR) linked loan at mutually acceptable esa tkus dk Hkh fodYi gksxkA terms. ,elh,yvkj iz.kkyh dk foRrh; n`f’Vdks.k ls egRoiw.kZ ?kVd ;g gS fd Powerful element of the MCLR system form the monetary policy cSadksa dks viuh lhekar ykxr ekfld vk/kkj ij la”kksf/kr djuh gksxhA angle is that banks have to revise their marginal cost on a vkjchvkbZ ds fn”kkfunsZ”kksas ds vuqlkj **cSad iwoZ ?kksf’kr frfFk dks izR;sd monthly basis. According to the RBI guideline, “Banks will review ekg fofHkUu ifjiDorkvksa dh ,elh,yvkj dh leh{kk djsaxs vkSj mls and publish their MCLR of different maturities every month on a izdkf”kr djsaxs**A ;g ekfld la'kks/ku cSdksa dks cnykc ds ckjs esa fopkj pre-announced date.” Such a monthly revision will compel the djus ds fy, ok/; djsxk] ;fn Hkkjrh; fjtoZ cSad }kjk eghus Hkj esa jsiks banks to consider the change in repo rate change if any made nj esa dksbZ Hkh ifjorZu fd;k tkrk gSA by the RBI during the month. tksf[ke vk/kkfjr Ik;Zos{k.k ¼vkjch,l½ RISK BASED SUPERVISION (RBS) vkjchvkbZ esa cSafdax i;Zos{k.k foHkkx ¼Mhch,l½ us okf.kfT;d cSadksa ds Ik;Zos{k.k dh leh{kk djus ds fy, tksf[ke vk/kkfjr Ik;Zos{k.k ¼vkjch,l½ The Department of Banking Supervision (DBS) at RBI has adopted a Risk Based Supervisory (RBS) approach for n`f’Vdks.k viuk;k gSA vkjch,l QzSeodZ dks **tksf[ke ,oa iwathxr Review of Supervisory Processes of Commercial Banks. The fuèkkZj.k dk Ik;Zos{kh dk;Zdze ¼,lih,vkjlh½** dk uke fn;k x;k gS vkSj RBS framework has been named as “Supervisory Program bl izfdz;k esa ykxw ,d egRoiw.kZ [email protected] **lesfdr tksf[ke vkSj for Assessment of Risk and Capital (SPARC)” and one of its izHkko vadu ¼vkbZvkjvkbZ,llh½** ekWMy gSA vkjch,l vkWQlkbZV vkSj important components/ tools employed in the process is the lkFk gh vkWulkbZV Ik;Zos{k.k }kjk lapkfyr gS ftlesa cSad dks vkadM+k “Integrated Risk and Impact Scoring (IRISc)” Model. RBS is driven by Offsite as well as Onsite supervision which requires laxzg.k vkSj lesdu dh izfdz;k rFkk fjiksfVZx dh vk/kqfud iz.kkyh LFkkfir a Bank to put in place robust systems for data collection and djus dh vko”;drk gksrh gSA vkjch,l 2015&16 Ik;Zos{kh pdz esa vkids compilation process and reporting. RBS was rolled out in your cSad esa vkjaHk fd;k x;k FkkA ,lih,vkjlh tksf[ke dsfUnzr gS vkSj Ik;Zos{kh Bank in 2015-16 supervisory cycles. SPARC is risk focused izfdz;k dh izHkkfork esa o`f) djus ds izfr yf{kr gSA ,lih,vkjlh ds and intended to increase the effectiveness of the supervisory rgr ewY;kadu ds nks izeq[k {ks= tksf[ke vkSj iwathxr ewY;kadu gSA fdlh process. The two major areas of assessment under SPARC are cSad ds fy, tksf[ke ewY;kadu esa varfuZfgr tksf[ke] varfuZfgr tksf[ke Risk and Capital Assessment. The risk assessment for a Bank covers the inherent risks, risks due to gaps in controls for the ds fy, fu;a+=.k esa varj ds dkj.k tksf[ke] vfHk”kklu vkSj vksojlkbZV inherent risks, risks due to gaps in the Governance & Oversight 19 funs'kdksa dh fjiksVZ Directors’ Report esa varj ds dkj.k tksf[ke rFkk lkFk gh fofu;ked vis{kkvksa dh laLd`fr as also the culture and degree of compliance to regulatory vkSj fMxzh “kkfey gksrh gSA ;s ewY;kadu cSad ds fy, tksf[ke dks lesfdr requirements. These assessments together determine the djrs gSaA lesfdr :Ik ls miyC/k lesfdr tksf[ke vkSj iwath cSad ds fy, Aggregate Risk for a Bank. The Aggregate Risk and Capital Available together determine the Risk of Failure Score (RoFS) foQyrk vadu dk tksf[ke ¼vkjvks,Q,l½ fu/kkZfjr djrk gSA vkids !"#$#%$&'(#)!*"#%$&'#+$,#,*--.,, *//0#-!12/.3.4#3+.#[",3#-0-/.# cSad us ,lih,vkjlh ds rgr igyk pdz lQyrkiwoZd iwjk fd;k gS vkSj under SPARC and is now well positioned to embark on the vc ;g 2016&17 dk nwljk Ik;Zos{kh pdz vkjaHk djus dh fLFkfr esa gSA second supervisory cycle of 2016-17. ØsfMV ekWfuVfjax CREDIT MONITORING ØsfMV ekWfuVfjax laifRr dh xq.koRrk dks cuk, j[kus vkSj le;&lwph Credit Monitoring is an integral part of lending activity to maintain ds vuqlkj ysunkjh dh olwy djus ds dk;Zdykiksa dk lesfdr Hkkx the quality of assets and recover dues in time as per schedule. gSA dzsfMV iksVZQksfyvks dh ekWfuVfjax ds laxfBr n`f’Vdks.k ds iz;kl In an effort for a regimented approach for monitoring of credit esa eq[; dk;kZy; Lrj ij ,d ,lksf”k,V mik/;{k dh v/;{krk esa ,d 2!"3 !/6!7# $# *//# \.49.4# 4.2$"31.&3# +.$4.4# :0# $&# ;,,!-6$3.# laiw.kZ foHkkx dks cSad esa dk;kZRed cuk;k x;k gSA cSad us dzsfMV <6-.# =".,64.&3# $3# >.$4# ? [-.# /.@./# 6,# 1$4.# *&-36!&$/# 6&# 3+.# bank. The bank has put in place an effective monitoring of credit iksVZQksfy;ks dh izHkkoh ekWfuVfjax LFkkfir dh gS ftlesa ys[kk fof”k’V 2!"3 !/6!#A+6-+#6&-/*4.,#$--!*&3#,2.-6[-#1!&63!"6&97#,3!-'#$*463,# ekWfuVfjax] cksMZ }kjk vuqeksfnr uhfr ds vuqlkj LVkWd ys[kkijh{kk vkSj & credit audits as per board approved policy to have constant dzsfMV ys[kkijh{kk “kkfey gS ftlesa m/kkj laca/kh [kkrksa dh fujarj fuxjkuh watch over borrowal accounts & to take prompt corrective action dh tk,xh vkSj cSad ds dzsfMV iksVZQksfy;ks dh xq.koRrk esa lq/kkj djus to improve quality of credit portfolio of bank. ds fy, “kh?kz lq/kkjkRed dkjZokbZ dh tk,xhA lkafof/kd ys[kk ijh{kd STATUTORY AUDITORS ys[kk ijh{kdksa dh layXu fjiksVZ dks bl fjiksVZ dk Hkkx cuk;k x;k gSA The appended Auditors Report is made part of this Report. ys[kk ijh{kdksa dh fjiksVZ esa cSaddkjh fofu;eu vf/kfu;e] 1949 o dEiuh Auditors Report contains all the information required by The vf/kfu;e] 2013 ds vUrxZr visf{kr lHkh lwpuk,a cSaddkjh dEifu;ksa Banking Regulation Act, 1949 as well as The Companies Act, ds fy;s visf{kr fof/k ls nh xbZ gSa rFkk ;g 31 ekpZ] 2017 dks cSad ds 2013, in the manner so required for the banking companies and dkedkt dh lgh vkSj fu’i{k fLFkfr n”kkZrh gSaA give a true and fair view of the state of affairs of the Bank as at 31 st March, 2017. ;g Li’V fd;k tkrk gS fd o’kZ ds nkSjku eSllZ ih,l,eth ,.M It is submitted that M/s. PSMG & Associates, Chartered ,lksfl,V~l] pkVZMZ ,dkmaVsaV] 378] jke uxj] —".kk eaMh] xkft;kckn] Accountant, 378, Ram Nagar, Krishna Mandi, Ghaziabad, Delhi fnYyh&,ulhvkj dks dsUnzh; lkafof/kd ys[kk ijh{kd fu;qä fd;k x;k] - NCR was appointed as Central Statutory Auditors and required vkSj Hkkjrh; fjtoZ cSad rFkk Hkkjrh; lunh ys[kkdkj laLFkku us bl approval was obtained from Reserve Bank of India and The lEcU/k esa visf{kr vuqefr iznku dj nh FkhA Institute of Chartered Accountants of India, in this regard. Tkgka rd “kk[kk dh lkafof/kd ys[kk ijh{kk dk lEcU/k gS 43 ys[kk ijh{kd As regards, Branch Statutory Audit, 43 Auditors were eligible for iqufuZ;qfDr ds fy, ik= Fks] mUgsa ys[kk ijh{kk dk dk;Z lkSaik x;k vkSj re-appointment and were assigned the audit job and 22 fresh ys[kk ijh{k.k ds dk;Z ds fy, 22 u;s ys[kk ijh{kd fu;qDr fd;s x;sA Auditors were appointed for audit work. Lkakfof/kd ys[kk ijh{kdksa us ;g iqf’V dh gS fd rqyui= vkSj ykHk&gkafu B+.#C.&3"$/#D3$3*3!"0#;*463!",#+$@.#-!&["1.4#3+$3#3+.#%$/$&-.# [kkrk cSaddkjh fofu;eu vf/kfu;e] 1949 dh /kkjk 29 ds izko/kkuksa] ftUgsa D+..3#$&4#3+.#="![3#$&4#E!,,#;--!*&3#+$@.#:.."$A&#*2#6&# dEiuh vf/kfu;e 2013 dh /kkjk 133 rFkk dEiuh ¼ys[kk½ fu;e 2014 ds accordance with the provisions of Section 29 of the Banking fu;e 7 ds lkFk i<+k tk;s] ds vuqlkj rS;kj fd;s x;s gSaA mUgksaus bl Regulation Act, 1949 read with Section 133 of the Companies ckr dh Hkh iqf’V dh gS fd bl lEcU/k esa cSafdax fofu;eu vf/kfu;e Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 1949 dh /kkjk 30 ds mifu;e 3 ,oa dEiuh vf/kfu;e 2013 dh /kkjk FGHI(# B+.0# $/,!# -!&["1.4# -!12/6$&-.# ! # ,*:# ,.-36!&# JKL# ! # 143¼3½ ds izko/kkuksa dk Hkh vuqikyu fd;k x;k gSA cSad }kjk bUosLVj Section 30 of the Banking Regulation Act, 1949 as well as section 143(3) of the Companies Act, 2013. There has been no ,twds”ku ,.M izksVsD”ku QaM esa vko”;d /kujkf”k dks varfjr djus esa delay in transferring amounts, required to be transferred, to the dksbZ foyac ugha fd;k x;k gSA Investor Education and Protection Fund by the Bank. 20 funs'kdksa dh fjiksVZ Directors’ Report Okkf"kZd fooj.kh dk va'k@ EXTRACT OF ANNUAL RETURN 31-03-2017 dks lekIr foÙkh; o"kZ ij @ ;,#!&#[&$&-6$/#0.$"#.&4.4#!&#KH(GK(FGHM dEiuh vf/kfu;e] 2013 ds vuqHkkx 92¼3½ ,oa dEiuh ¼izcU/ku ,oa iz'kklu½ fu;e] 2014 ds fu;e 12¼1½ ds vuqlkj !"#!$%&'&(')*+&,(%'-.'/01'(2'&3*'4(56$%,*#'7+&8'.9:0'$%;'"!<*':./:1'(2'&3*'4(56$%='/>$%$?*5*%&'@'7;5,%,#&"$&,(%1'A!<*#8'.9:B I. iathdj.k ,oa vU; fooj.k@ ACDE)FA7FEGH'@'GFICA'JCF7EK)L 1 lhvkbZ,u@ CIN U65923UR1922PLC000234 2 iathdj.k fnukad@ Registration Date 31/07/1922 3 dEiuh dk uke fn uSuhrky cSad fyfeVsM Name of the Company THE NAINITAL BANK LIMITED 4 dEiuh dk oxZ@mioxZ Hkkjrh; xSj&ljdkjh daiuh Category/Sub-category of the Company Indian Non-Government Company 5 iathÑr dk;kZy; dk irk ,oa laidZ fooj.k th-ch- iar jksM] uSuhrky] mÙkjk[k.M&263001 ;44".,,#! #3+.#N.96,3.".4#! [-.##O#-!&3$-3#4.3$6/, G B PANT ROAD, NAINITAL, UTTARAKHAND-263001 6 D;k dEiuh lwphc) gS@ Whether listed company ugha@ NO jftLVªkj ,oa VªkUlQj ,tsUV dk uke] irk o laidZ fooj.k ykxw ugha 7 Name, Address & contact details of the Registrar & Transfer Not Applicable Agent, if any. II. dEiuh dh izeq[k O;kolkf;d xfrfof/k;ka@ PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY ¼dEiuh ds dqy dkjksckj dk 10 izfr'kr ;k vf/kd ;ksxnku nsus okyh O;kolkf;d xfrfof/k;ka½ (All the business activities contributing 10 % or more of the total turnover of the company shall be stated) dEiuh ds mRikn@lsok dk ,uvkbZlh dqy dkjksckj Ø-la- eq[; mRikn@lsokvksa dk uke o fooj.k S. dksM dk izfr'kr Name and Description of main products / services No. NIC Code of the Product/ % to total service turnover of the company 1 cSafdax lsok,a@ BANKING SERVICES 64191 100% III. gksÇYMx] lgk;d vkSj ,lksfl,V daifu;ksa dk fooj.k@ Particulars of Holding, Subsidiary and Associate Companies gksfYMax@lClhMjh@ /kkfjr 'ks;jksa ykxw /kkjk Ø- la- daiuh dk uke vkSj irk lhvkbZ,u@th,y,u ,lksfl,V dk çfr'kr Applicable S. No. Name and Address of The Company CIN/GLN Holding/Subsidiary/ % of Shares Section Associate Held 1 cSad vkWQ cM+kSn+k @Bank of Baroda - gksfYMax @Holding 98.57 - 21 funs'kdksa dh fjiksVZ Directors’ Report III. 'ks;j gksfYMax iSVuZ@ Share Holding Pattern ¼bfDoVh 'ks;j iwath dk dqy iwath ds izfr'kr esa oxhZdj.k½@ (Equity share capital breakup as percentage of total equity) (i) oxZokj va'k /kkfjrk@ Category-wise Share Holding o"kZ ds izkjEHk esa 'ks;jksa dh la[;k@ o"kZ ds vUr esa 'ks;jksa dh la[;k@ o"kZ ds No. of Shares held at the beginning of the year No. of Shares held at the end of the year nkSjku dqy izfr'kr va'k/kkjdksa dk oxZ@ dqy 'ks;jksa 'ks;jksa dk ifjorZu@ Category of Shareholders MhesV@ HkkSfrd@ dk izfr'kr MhesV@ HkkSfrd@ tksM+@ tksM+@ Total % Change Demat Physical % of Total Demat Physical Total izfr'kr@ during the Shares % of Total Shares year v- laizorZd A. Promoters 1) Hkkjrh;@ Indian d½ O;fDr-@v-fg-i- - - - 0.00% - - - 0.00% 0.00% a) Individual/ HUF [k½ dsUnzh; ljdkj - - - 0.00% - - - 0.00% 0.00% b) Central Govt x½ jkT; ljdkj¼jsa½ - - - 0.00% - - - 0.00% 0.00% c) State Govt(s) ?k½ dkjiksjsV laLFkk,a - - - 0.00% - - - 0.00% 0.00% d) Bodies Corp. ³½ cSad@fo-la- - - - 0.00% - - - 0.00% 0.00% e) Banks / FI p½ vU; dksbZ - - - 0.00% - - - 0.00% 0.00% f) Any other mi tksM+ v ¼1½ - - - 0.00% - - - 0.00% 0.00% Sub Total (A) (1) (2) fons'kh@ Foreign d½ ,uvkjvkbZ O;fDr - - - 0.00% - - - 0.00% 0.00% a) NRI Individuals [k½ vU; O;fDr - - - 0.00% - - - 0.00% 0.00% b) Other Individuals x½ dkjiksjsV laLFkk,a - - - 0.00% - - - 0.00% 0.00% c) Bodies Corp. ?k½ vU; dksbZ - - - 0.00% - - - 0.00% 0.00% d) Any other mi tksM+ v ¼2½ - - - 0.00% - - - 0.00% 0.00% Sub Total (A) (2) tksM+ ¼v½@ TOTAL (A) - - - 0.00% - - - 0.00% 0.00% c- lkoZtfud va'k/kkfjrk B. Public Shareholding 1. laLFkk,a@ Institutions d- E;wpqvy QaM - - - 0.00% - - - 0.00% 0.00% a) Mutual Funds [k- cSad@fo-la- - 66,535,260 66,535,260 98.57% - 76,392,430 76,392,430 98.57% 14.81% b) Banks / FI x- dsUnzh; ljdkj - - - 0.00% - - - 0.00% 0.00% c) Central Govt ?k½ jkT; ljdkj¼jsa½ - - - 0.00% - - - 0.00% 0.00% d) State Govt(s) ³½ m|e iwath dks"k - - - 0.00% - - - 0.00% 0.00% e) Venture Capital Funds 22 funs'kdksa dh fjiksVZ Directors’ Report o"kZ ds izkjEHk esa 'ks;jksa dh la[;k@ o"kZ ds vUr esa 'ks;jksa dh la[;k@ o"kZ ds No. of Shares held at the beginning of the year No. of Shares held at the end of the year nkSjku dqy izfr'kr va'k/kkjdksa dk oxZ@ dqy 'ks;jksa 'ks;jksa dk ifjorZu@ Category of Shareholders MhesV@ HkkSfrd@ dk izfr'kr MhesV@ HkkSfrd@ tksM+@ tksM+@ Total % Change Demat Physical % of Total Demat Physical Total izfr'kr@ during the Shares % of Total Shares year p- chek dEifu;ka - - - 0.00% - - - 0.00% 0.00% f) Insurance Companies N- fo-la- fu- - - - 0.00% - - - 0.00% 0.00% g) FIIs t- fons'kh m|e iwath dks"k h) Foreign Venture Capital - - - 0.00% - - - 0.00% 0.00% Funds >- vU;¼fooj.k nsa½ - - - 0.00% - - - 0.00% 0.00% i) Others (specify) mi tksM+ ¼c½¼1½ - 66,535,260 66,535,260 98.57% 76,392,430 76,392,430 98.57% 14.81% Sub-total (B)(1) 2. xSj laLFkk,a@ Non-Institutions d- dkjiksjsV ckWMht a) Bodies Corp. i) Hkkjrh;@ Indian - 34,730 34,730 0.05% 42081 42,081 0.05% 21.17% ii) fons'kh@ Overseas - - - 0.00% 0 0 - 0.00% 0.00% [k½ O;fDrxr - - - - 0 - 0.00% 0.00% b) Individuals i) #- ,d yk[k rd 'ks;jiwath okys O;fDrxr 'ks;j/kkjdksa dh 'ks;jèkkfjrk@ Individual - 742,098 742,098 1.10% - 845,562 845,562 1.10% 13.94% shareholders holding nominal share capital upto ` 1 lakh ii) #- ,d yk[k ls vfèkd 'ks;jiwath okys O;fDrxr va'k/kkjdksa dh va'kèkkfjrk@ - 187,912 187,912 0.28% - 219,927 219,927 0.28% 17.04% Individual shareholders holding nominal share capi- tal in excess of Rs 1 lakh x- vU; ¼fooj.k nsa½ ------c) Others (specify) vfuoklh Hkkjrh;@ - - - 0.00% 0 0 - 0.00% 0.00% Non Resident Indians fons'kh dkWjiksjsV ckWMht@ - - - 0.00% - - - 0.00% 0.00% Overseas Corporate Bodies fons'kh ukxfjd@ - - - 0.00% 0 0 - 0.00% 0.00% Foreign Nationals Clearing Lkek'kks/ku lnL;@ - - - 0.00% 0 0 - 0.00% 0.00% Members fuf/k;ka@ Trusts - - - 0.00% 0 0 - 0.00% 0.00% fons'kh ckWMht&Mhvkj - - - 0.00% 0 0 - 0.00% 0.00% Foreign Bodies - D R mi tksM+ c ¼2½ - 964,740 964,740 1.43% - 1,107,570 1,107,570 1.43% 14.81% Sub-total (B)(2) dqy lkoZtfud¼c½ - 67,500,000 67,500,000 100.00% - 77,500,000 77,500,000 100.00% 14.81% Total Public (B) 23 funs'kdksa dh fjiksVZ Directors’ Report o"kZ ds izkjEHk esa 'ks;jksa dh la[;k@ o"kZ ds vUr esa 'ks;jksa dh la[;k@ o"kZ ds No. of Shares held at the beginning of the year No. of Shares held at the end of the year nkSjku dqy izfr'kr va'k/kkjdksa dk oxZ@ dqy 'ks;jksa 'ks;jksa dk ifjorZu@ Category of Shareholders MhesV@ HkkSfrd@ dk izfr'kr MhesV@ HkkSfrd@ tksM+@ tksM+@ Total % Change Demat Physical % of Total Demat Physical Total izfr'kr@ during the Shares % of Total Shares year l- thMhvkj o ,Mhvkj ds fy, vfHkj{kd }kjk èkkfjr 'ks;j - - - 0.00% - - - 0.00% 0.00% C. Shares held by 4!#&(;,$%'2("'DJA#'@' ADRs Lkexz ;ksx ¼v$c$l½ - 67,500,000 67,500,000 100.00% - 77,500,000 77,500,000 100.00% 14.81% Grand Total (A+B+C) (ii) çeksVjksa dh 'ks;jgksfYMax @Shareholding of Promoter o"kZ ds vkjaHk esa 'ks;jgksfYMax o"kZ ds var esa 'ks;jgksfYMax Shareholding at the beginning Shareholding at the end of the year of the year o"kZ ds nkSjku 'ks;j gksfYMax esa % dz- dqy 'ks;jksa esa dqy 'ks;jksa esa daiuh ds dqy ifjorZu la- 'ks;j/kkjdksa dk uke daiuh ds dqy opuc)@Hkkfjr opuc)@Hkkfjr 'ks;jksa dh 'ks;jksa dh 'ks;jksa dk % % change in Sl Shareholders Name 'ks;jksa dk % 'ks;jksa dk % 'ks;jksa dk % No. la[;k la[;k % of total shareholding % of total % of shares % of shares No. of No. of Shares during the Shares of the Pledged/ Pledged/ Shares Shares of the year company encumbered to total encumbered to company shares total shares 1 0.00% 0.00% 0.00% 2 0.00% 0.00% 0.00% 3 0.00% 0.00% 0.00% 4 0.00% 0.00% 0.00% (iii) çeksVjksa dh 'ks;j gksfYMax esa ifjorZu @Change in Promoters’ Shareholding o"kZ ds vkjaHk esa 'ks;jgksfYMax o"kZ ds nkSjku lap;h 'ks;jgksfYMax Shareholding at the beginning of the Cumulative Shareholding during the Ø- year year la- fooj.k fnukad dkj.k Sl Particular Date Reason 'ks;jksa dh 'ks;jksa dh % % No. la[;k dqy 'ks;jksa dk la[;k dqy 'ks;jksa dk No. of % of Total shares No. of % of Total shares Shares Shares At the 1 o"kZ ds vkjaHk esa@ 0.00% 0.00% beginning of the year 2 o"kZ ds nkSjku ifjorZu@ 0.00% 0.00% Changes during the year o"kZ ds var esa@ At the End of 3 0.00% 0.00% the year 24 funs'kdksa dh fjiksVZ Directors’ Report (iv) 'kh"kZ nl 'ks;j/kkjdksa dk va'k/kkfjrk 'ks;jgksfYMax iSVuZ@ Shareholding Pattern of top ten Shareholders ¼funs'kdksa] izeksVlZ ,oa thMhvkj o ,Mhvkj ds /kkjdksa ds vfrfjDr½@ (Other than Directors, Promoters and Holders of GDRs and ADRs): izR;sd 'kh"kZ 10 'ks;j/kkjdksa fnukad dkj.k o"kZ ds izkjEHk esa va'k/kkfjrk o"kZ ds nkSjku lap;h va'k/kkfjrk Ø- ds fy, Shareholding at the Cumulative Shareholding Date Reason la- For each of the Top 10 beginning of the year during the year S. shareholders No. 'ks;jksa dh la[;k dqy 'ks;jksa dk izfr'kr 'ks;jksa dh la[;k dqy 'ks;jksa dk izfr'kr No. of shares % of total shares No. of shares % of total shares 1 cSad vkWQ cM+kSnk M/s. Bank of Baroda o"kZ ds izkjEHk esa 01.04.2016 66,535,260 98.57% 66,535,260 98.57% At the beginning of the year o"kZ ds nkSjku ifjorZu 30.03.2017 vkcaVu 9,857,170 98.57% 76,392,430 98.57% Changes during the year Allotment* o"kZ ds vUr esa 31.03.2017 76,392,430 - 76,392,430 98.57% At the end of the year 2 eSllZ ftUny ikSyhej izksMDV~l izk-fy- M/s. Jindal Polymer Products P. Ltd o"kZ ds izkjEHk esa 01.04.2016 28,905 0.04% 28,905 0.04% At the beginning of the year o"kZ ds nkSjku ifjorZu 30.03.2017 vkcaVu 7,351 0.07% 36,256 0.05% Changes during the year Allotment* o"kZ ds vUr esa 31.03.2017 36,256 - 36,256 0.05% At the end of the year 3 Jh lat; jkoy Mr. Sanjay Rawal o"kZ ds izkjEHk esa 01.04.2016 25,173 0.04% 25,173 0.03% At the beginning of the year o"kZ ds nkSjku ifjorZu 30.03.2017 vkcaVu 6,413 0.06% 31,586 0.04% Changes during the year Allotment* o"kZ ds vUr esa 31.03.2017 31,586 - 31,586 0.04% At the end of the year 4 Jherh dkek{kh jkoy Mrs. Kamakshi Rawal o"kZ ds izkjEHk esa 01.04.2016 25,173 0.04% 25,173 0.03% At the beginning of the year o"kZ ds nkSjku ifjorZu 30.03.2017 vkcaVu 6,413 0.06% 31,586 0.04% Changes during the year Allotment* o"kZ ds vUr esa 31.03.2017 31,586 - 31,586 0.04% At the end of the year 5 Jh bUnz nso Mr. Indra Dev o"kZ ds izkjEHk esa 01.04.2016 20,300 0.03% 20,300 0.03% At the beginning of the year o"kZ ds nkSjku ifjorZu 30.03.2017 vkcaVu 3,379 0.03% 23,679 0.03% Changes during the year Allotment* o"kZ ds vUr esa 31.03.2017 23,679 - 23,679 0.03% At the end of the year 25 funs'kdksa dh fjiksVZ Directors’ Report izR;sd 'kh"kZ 10 'ks;j/kkjdksa fnukad dkj.k o"kZ ds izkjEHk esa va'k/kkfjrk o"kZ ds nkSjku lap;h va'k/kkfjrk Ø- ds fy, Shareholding at the Cumulative Shareholding Date Reason la- For each of the Top 10 beginning of the year during the year S. shareholders No. 'ks;jksa dh la[;k dqy 'ks;jksa dk izfr'kr 'ks;jksa dh la[;k dqy 'ks;jksa dk izfr'kr No. of shares % of total shares No. of shares % of total shares 6 Jh izeksn dqekj mizsrh Mr. Pramod Kumar Upreti o"kZ ds izkjEHk esa 01.04.2016 18,000 0.03% 18,000 0.02% At the beginning of the year o"kZ ds nkSjku ifjorZu 30.03.2017 vkcaVu 2,846 0.03% 20,846 0.03% Changes during the year Allotment* o"kZ ds vUr esa 31.03.2017 20,846 - 20,846 0.03% At the end of the year 7 MkW- Mh-ih- xaxksyk Dr. D.P. Gangola o"kZ ds izkjEHk esa 01.04.2016 15,900 0.02% 15,900 0.02% At the beginning of the year o"kZ ds nkSjku ifjorZu 30.03.2017 vkcaVu 2,156 0.02% 18,056 0.02% Changes during the year Allotment* o"kZ ds vUr esa 31.03.2017 18,056 - 18,056 0.02% At the end of the year Jh eksgu pUnz tks'kh 8 fel ruqJh tks'kh Mr. Mohan Chandra Joshi Ms. Tanushri Joshi o"kZ ds izkjEHk esa 01.04.2016 18,000 0.03% 18,000 0.02% At the beginning of the year o"kZ ds nkSjku ifjorZu - 0.00% 18,000 0.02% Changes during the year o"kZ ds vUr esa 31.03.2017 18,000 - 18,000 0.02% At the end of the year 9 Jh rkjk pUnz mizsrh Mr. Tara Chandra Upreti o"kZ ds izkjEHk esa 01.04.2016 17,985 0.03% 17,985 0.02% At the beginning of the year o"kZ ds nkSjku ifjorZu - 0.00% 17,985 0.02% Changes during the year o"kZ ds vUr esa 31.03.2017 17,985 - 17,985 0.02% At the end of the year 10 Jh lquhy dqekj lkg Mr. Sunil Kumar Sah o"kZ ds izkjEHk esa 01.04.2016 16,875 0.03% 16,875 0.02% At the beginning of the year o"kZ ds nkSjku ifjorZu - 0.00% 16,875 0.02% Changes during the year o"kZ ds vUr esa 31.03.2017 16,875 - 16,875 0.02% At the end of the year *cSad us 30-03-2017 dks jkbZV~l b';w }kjk ,d djksM+ bfDoVh 'ks;j tkjh fd;s@ Bank has allotted 1 Crore new Equity Shares on 30.03.2017 vide Rights Issue. 26 funs'kdksa dh fjiksVZ Directors’ Report (v) funs'kdksa ,oa ewy izca/kdh; O;fDr;ksa dh va'k/kkfjrk%@ Shareholding of Directors and Key Managerial Personnel: izR;sd funs'kd ,oa izR;sd ewy izca/kdh; O;fDr dh va'k/kkfjrk fnukad dkj.k o"kZ ds izkjEHk esa va'k/kkfjrk o"kZ ds nkSjku lap;h va'k/kkfjrk Ø- Shareholding at the Cumulative Shareholding Shareholding of Date Reason la- each Directors and beginning of the year during the year S. each Key Managerial No. Personnel 'ks;jksa dh la[;k dqy 'ks;jksa dk izfr'kr 'ks;jksa dh la[;k dqy 'ks;jksa dk izfr'kr No. of shares % of total shares No. of shares % of total shares 1 Jh eqds'k 'kekZ] v/;{k ,oa eq[; dk;Zdkjh vfèkdkjh >"M'>!N*#3')3$"5$'/43$,"5$%'@'4MCMG1 o"kZ ds izkjEHk esa At the beginning of the 01.04.2016 - 0.00% - 0.00% year o"kZ ds nkSjku ifjorZu 23.02.2017 gLrkarj.k 200 0.0003% 200 0.0003% Changes during the year Transfer o"kZ ds nkSjku ifjorZu 30.03.2017 vkcaVu 819 0.0081% 1,019 0.0013% Changes during the year Allotment* o"kZ ds vUr esa 31.03.2017 1,019 - 1,019 0.0013% At the end of the year Jh iznhi dqekj dkyk ¼eq[; foÙkh; vfèkdkjh½ 2 Mr. Pradeep Kumar Kala - Chief Financial ? [-."#JN.,69&.4#!&# 17.05.2017) o"kZ ds izkjEHk esa At the beginning of the 01.04.2016 - 0.00% - 0.00% year o"kZ ds nkSjku ifjorZu 23.02.2017 gLrkarj.k 430 0.0006% 430 0.0006% Changes during the year Transfer o"kZ ds nkSjku ifjorZu 30.03.2017 vkcaVu 2,748 0.0274% 3,178 0.0041% Changes during the year Allotment* o"kZ ds vUr esa 31.03.2017 3,178 - 3,178 0.0041% At the end of the year Jh foosd 'kkg 3 ¼daiuh lfpo½ Mr. Vivek Sah - Company Secretary o"kZ ds izkjEHk esa At the beginning of the 01.04.2016 - 0.00% - 0.00% year o"kZ ds nkSjku ifjorZu 23.02.2017 gLrkarj.k 100 0.0001% 100 0.0001% Changes during the year Transfer o"kZ ds nkSjku ifjorZu 30.03.2017 vkcaVu 2,692 0.0269% 2,792 0.0036% Changes during the year Allotment* o"kZ ds vUr esa 31.03.2017 2,792 - 2,792 0.0036% At the end of the year *cSad us 30-03-2017 dks jkbZV~l b';w }kjk ,d djksM+ bfDoVh 'ks;j tkjh fd;s@ Bank has allotted 1 Crore new Equity Shares on 30.03.2017 vide Rights Issue. 27 funs'kdksa dh fjiksVZ Directors’ Report V. _.k xzLrrk@ INDEBTEDNESS dEiuh dh _.kxzLrrk cdk;k C;kt o izksnHkwr ijUrq Hkqxrku ds fy, vns; C;kt 'kkfey Indebtedness of the Company including interest outstanding/accrued but not due for payment. ¼jkf'k #i;s yk[k esa½ @(Amt. `/Lacs) Tkek ds vykok lqjf{kr _.k vlqjf{kr _.k Tkek,a dqy _.kxzLrrk fooj.k@ Particulars Secured Loans excluding deposits Unsecured Loans Deposits Total Indebtedness o"kZ ds izkjEHk esa _.kxzLrrk@ !"#$%#"!#&&'(%'%)#'$#*+!!+!*',-'%)#'[!(!/+(0'1#(2 i) ewy jkf'k@ Principal Amount 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil ii) C;kt ns; ijUrq Hkqxrku ugha fd;k 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil - x;k@ Interest due but not paid iii) C;kt izksnHkwr ijUrq vns;@ Interest accrued but not due 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil dqy@ Total (i+ii+iii) -- 'kwU;@ Nil foÙkh; o"kZ ds nkSjku _.kxzLrrk esa ifjorZu@ 3)(!*#'+!' !"#$%#"!#&&'"42+!*'%)#'[!(!/+(0'1#(2 * vfrfjDr@ Addition 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil * deh@ Reduction 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil 'kq) ifjorZu@ Net Change -- - o"kZ ds vUr esa _.kxzLrrk@ !"#$%#"!#&&'(%'%)#'#!"',-'%)#'[!(!/+(0'1#(2 i) ewy jkf'k@ Principal Amount 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil ii) C;kt ns; ijUrq Hkqxrku ugha fd;k 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil - x;k@ Interest due but not paid iii) C;kt izksnHkwr ijUrq vns;@ Interest accrued but not due 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil dqy@ Total (i+ii+iii) 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil 'kwU;@ Nil *cSad }kjk izkIr tekjkf'k;ka blds O;olk; ds lkekU; fdz;kUo;u esa izkIr gqbZ gSa vkSj dEiuh vf/kfu;e 2013 ds vuqlkj tek ds vUrxZr ugha vkrh gSa vr% 'kkfey ugha dh xbZA@ Deposits received by the Bank were in the ordinary course of business and does not amount to deposits in terms of Companies Act, 2013, hence not included. VI. funs'kdksa rFkk çeq[k çca/kdh; dkfeZd dk ikfjJfed@ REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL- d çca/k funs'kd] iw.kZdkyhu funs'kdksa vkSj@vFkok çca/kd dk ikfjJfed% A. Remuneration to Managing Director, Whole-time Directors and/or Manager: ¼jkf'k #i;s yk[k esa½ @(Amt. `/Lacs) Ø- la- ikfjJfed dk fooj.k ,eMh@MCY;wVhMh@izca/kd dk uke dqy jkf'k Sl No. Particulars of Remuneration Name of MD/WTD/Manager Total Amount Jh eqds'k 'kekZ] ¼v/;{k ,oa eq[; dk;Zdkjh vfèkdkjh½ 526'547#&)'8)(29(':3)(+29(!';'36<6=> 1 ldy osru @Gross salary (a) [kaM 17 (1) vk;dj vf/kfu;e] 1961 esa fufgr izko/kkuksa ds vuqlkj osru 15.75 15.75 (a) Salary as per provisions contained in section 17(1) of the Income-tax Act, 1961 (b) vuqykHk dk ewY; u / s 17 (2) vk;dj vf/kfu;e] 1961 (b) Value of perquisites u/s 17(2) Income-tax Act, 1961 (c) [kaM 17 (3) vk;dj vf/kfu;e] 1961 ds rgr osru ds ,ot esa equkQs 0.69 0.69 !"#$%&[()#*+#,*-.#&/#)0,0%1#.+2-%#)-!(*&+#34 5"#6+!&7-8#(09#:!(;#3<=3 2 LVkWd vkWI'ku @Stock Option - - 3 LosV bfDoVh @Sweat Equity - - 4 deh'ku @Commission - - & ykHk ds çfr'kr ds :i esa@8#0)#>#&/#$%&[( - - & vU;] mYys[k djsa/ others, specify - - 5 vU;] —i;k mYys[k djsa@Others, please specify - - dqy ¼d½ Total (A) 16.44 16.44 vf/kfu;e ds vuqlkj lhek @Ceiling as per the Act 28 funs'kdksa dh fjiksVZ Directors’ Report [k- vU; funs'kdksa dk ikfjJfed@ B. Remuneration to other Director ¼jkf'k #i;s yk[k esa½ @(Amt. `/Lacs) Ø- funs'kd dk uke dqy jkf'k la- ikfjJfed dk fooj.k Name of Director Total Sl Particulars of Remuneration Amount No. 1 2 3 4 1) Lora= funs'kd Independent Directors izks- ¼MkW-½ oh-ih- Jh uhjt Jh e`nqy ds- MkW- ¼Jherh½ ,l- vjksM+k 'kkjnk vxzoky ds-ds- 'kekZ Prof. (Dr.) Sh. Neeraj Mr. Mradul K. Dr. (Mrs.) V.P.S. Arora Sharda Aggarwal K.K. Sharma cksMZ lfefr dh cSBdksa esa Hkkx Fee for attending Board 58,500.00 24,000.00 51,000.00 48,000.00 181,500.00 ysus ds fy, 'kqYd committee meetings deh'ku Commission - - - - - vU;] Ñi;k mYys[k djsa Others, please specify - - - - - dqy ¼1½ Total (1) 58,500.00 24,000.00 51,000.00 48,000.00 181,500.00 2. vU; xSj&dk;Zdkjh funs'kd Other Non-Executive Directors-5 Directors-Nil Fee for attending Board - - - - - cksMZ lfefr dh cSBdksa esa Hkkx ysus ds fy, 'kqYd committee meetings deh'ku Commission - - - - - vU;] Ñi;k mYys[k djsa Others, please specify - - - - - dqy ¼2½ Total (2) 0 0 0 0 0 dqy ¼[k½ =¼1$2½ Total (B)=(1+2) 58,500.00 24,000.00 51,000.00 48,000.00 181,500.00 x- çeq[k izca/kdh; O;fDr ,eMh@izca/kd@MCY;wVhMh ds vykok vU; dkÆed dks ikfjJfed C. Remuneration to Key Managerial Personnel other than MD/Manager/WTD ¼jkf'k #i;s yk[k esa½ @(Amt. `/Lacs) izeq[k izca/kdh; dkfeZd dk uke Name of Key Managerial Personnel Ø- Jh eqds'k 'kekZ Jh iznhi dqekj la- ikfjJfed dk fooj.k Jh foosd 'kkg Particulars of Remuneration ¼eq[; dk;Zdkjh dkyk ¼eq[; Sl ¼dEiuh lfpo½ dqy funs'kd½ foÙkh; vfèkdkjh½ Mr. Vivek Shah No. Mr. Mukesh Mr. Pradeep Total (Company Sharma Kumar Kala Secretary) (CEO) (CFO) 1 ldy osru Gross Salary d½ vk;dj vfèkfu;e] 1961 dh /kkjk a) Salary as per provisions 17¼1½ esa fufgr çko/kkuksa ds vuqlkj contained in section 17(1) of 15.75 13.62 4.93 34.30 osru the Income-tax Act, 1961 [k½ vk;dj vfèkfu;e]1961 dh /kkjk b) Value of perquisites u/s 17(2) 0.69 0.96 - 1.65 17¼2½ ds rgr vuqykHk dk ewY; of the Income -tax Act, 1961 x½ vk;dj vfèkfu;e] 1961 dh /kkjk !"#$%&[()#*+#,*-.#&/#)0,0%1#.?)#34 5"# 17¼3½ ds rgr osru ds fy, ykHk of the Income Tax Act 1961 2 LV‚d fodYi Stock Option 29 funs'kdksa dh fjiksVZ Directors’ Report izeq[k izca/kdh; dkfeZd dk uke Name of Key Managerial Personnel Ø- Jh eqds'k 'kekZ Jh iznhi dqekj la- ikfjJfed dk fooj.k Jh foosd 'kkg Particulars of Remuneration ¼eq[; dk;Zdkjh dkyk ¼eq[; Sl ¼dEiuh lfpo½ dqy funs'kd½ foÙkh; vfèkdkjh½ Mr. Vivek Shah No. Mr. Mukesh Mr. Pradeep Total (Company Sharma Kumar Kala Secretary) (CEO) (CFO) 3 LosV bfDoVh Sweat Equity 4 deh'ku Commission & ykHk ds çfr'kr ds :i esa 8#0)#>#&/#$%&[( & vU;] mYys[k djsa - others, specify 5 vU;] —i;k mYys[k djsa Others, please specify dqy Total 16.44 14.58 4.93 35.95 VI. naM@ltk@vijk/kksa ds leÖkkSrk% VI. PENALTIES/ PUNISHMENT/ COMPOUNDING OF OFFENCES: tqekZuk @ ltk @ çkf/kdj.k daikmaÇMx Qhl dk ;fn dksbZ vihy daiuh vfèkfu;e [vkjMh@ laf{kIr fooj.k fooj.k yxk;k dh xbZ gks izdkj dh /kkjk ,ulh,yVh@ Brief Details of Penalty/ Appeal made Type Section of the U;k;ky; ] Description Punishment/ if any (give Companies Act Authority [RD/ Compounding fee Details) NCLT/COURT] imposed vkjchvkbZ d- daiuh A. Company CRR dks cuk, 0.05 'kwU;@ NIL j[kus esa pwd RBI naM Penalty ltk Punishment le>kSrk Compounding [k- funs'kd B. Directors 0 0 0 0 0 naM Penalty 0 0 0 0 0 ltk Punishment 0 0 0 0 0 le>kSrk Compounding 0 0 0 0 0 x- vU; pwddrkZ 36'=%)#2'=-[/#2&' 0 0 0 0 0 vfèkdkjh in Default naM Penalty 0 0 0 0 0 ltk Punishment 0 0 0 0 0 le>kSrk Compounding 0 0 0 0 0 30 funs'kdksa dh fjiksVZ Directors’ Report dkjiksjsV lkekftd ftEesnkjh CORPORATE SOCIAL RESPONSIBILITY uSuhrky cSad fyfeVsM viuh “kq:vkr ls gh lnSo lkekftd fodkl ds The Nainital Bank Limited, since its incorporation, has always been committed to social development. Corporate Social izfr izfrc) jgk gSA dkjiksjsV lkekftd ftEesnkjh ¼lh,lvkj½ lkekftd Responsibility (CSR) has been a long-standing commitment of xfrfof/k;ksa dk lesfdr Hkkx curs gq, cSad blds izfr nh?kkZof/k ds fy, the Bank, forming an integral part of Social activities. The Bank izfrc) jgk gSA cSad vPNs dkjiksjsV vfHk”kklu vkSj dkjiksjsV lkekftd believes for good corporate governance and also in corporate ftEesnkjh ij fo”okl j[krk gS ftlls va'k/kkjdksa vkSj vU; fgr /kkjdksa social responsibility for strengthening the trust of its shareholders dk fo'okl c<+s vkSj lHkh dh mUufr gksA ewy :Ik ls dkjiksjsV lkekftd and other stakeholders preferring prominence for growth of all. ftEesnkjh O;kikfjd izfr"Bkuksa dh deZpkfj;ksa] muds ifjokjksa] LFkkuh; Basically Corporate Social Responsibility is the commitment of leqnk;ksa vkSj lekt ds lkFk dk;Z djrs gq, lrr vkfFkZd fodkl esa businesses to contribute to sustainable economic development ;ksxnku ds fy, opuc)rk gSA ftlls muds thou esa lq/kkj vk;s vkSj by working with employees, their families, the local community tks O;kikj vkSj fodkl ds fy;s vPNk gksA and society at large, to improve their lives in ways that are good for business and for development. cSad ,sls yf{kr dk;ZØeksa dh igpku vkSj mudh lgk;rk ds fy, The Bank is committed to identifying and supporting programs opuc) gS ftudky{; leqnk; ds yksxksa ¼fo'ks"kdj ,sls yksx ftudk aimed at: Developing and advancing the community and in thou Lrj mfpr ugha gS½ ds fodkl vkSj mUufr vkSj i;kZoj.k ij muds particular, those at the bottom of the pyramid and also reducing dk;ks± ds udkjkRed izHkko dks de djus esa dsfUær gSA ;g lh,lvkj negative impact of its operations on the environment This CSR uhfr blh Hkkouk dks /;ku esa j[krs gq, lh,lvkj ifj;kstukvksa dh Policy will serve as a guiding document to help, identify, execute lgk;rk] igpku] fu’iknu vkSj ekWuhVj djus ds fy, funsZ”kh nLrkost and monitor CSR Projects in keeping with the spirit of the Policy and would function as a self-regulating mechanism for ds :Ik esa dk;Z djsxh vkSj bl laca/k esa dkuwu vkSj uhfrxr ekudks rFkk the Bank’s CSR activities by observing adherence to laws and i)fr;ksa ds vuqikyu }kjk cSad dh lh,lvkj xfrfof/k;ksa ds fy, Lo% ethical standards and practices in this regard. The Policy also fofu;ked ra= ds :Ik esa dk;Z djsxhA ;g uhfr lh,lvkj xfrfof/k;ksa dks sets out the rules that need to be adhered to while taking up and pykrs vkSj dk;kZfUor djrs gq, fu;eksa dk vuqikyu Hkh fu/kkZfjr djsxhA implementing CSR activities. mn~ns'; OBJECTIVES lh,lvkj dkjiksjsV O;ogkj vkSj vfHk”kklu dk mPp Lrj gS vkSj bls CSR is a niche area of corporate behavior and governance and ,sls lk/ku ds :Ik esa ekU;rk izkIr gS tks dkjiksjsV vkSj lkekftd {ks= dh is recognized as one of the tools that synergizes the efforts of ,tsafl;ksa ds iz;klksa dk lkekftd mn~ns”;ksa dh lrr~ o`f) vkSj fodkl corporate and the social sector agencies towards sustainable ds laca/k esa rkyesy djrk gSA lh,lvkj vkarfjd ¼deZpkjh] fgr/kkjdksa] growth and development of social objectives at large. CSR fuos”kdksa½ vkSj ckg~; ¼lkoZtfud vfHk”kklu] leqnk; lnL;ksa] flfoy *)# 0# @%&!-))# &/# 70+0A*+A# (B-# !&)()# 0+2# C-+-[()# &/# C.)*+-))# activity to both internal (employees, shareholders, investors) lkslk;Vh lewgksa] vU; m|eksa½ fgr/kkjdks nksuksa ds fy, O;kikj xfrfof/k;ksa and external (institutions of public governance, community dh ykxr vkSj O;kikj ds izca/ku dh izfØ;k gSA lh,lvkj u rks ijksidkj members, civil society groups, other enterprises) stakeholders. gS vkSj u gh foi.ku dk ek/;eA ;g cSad }kjk lekt ds dY;k.k esa CSR is neither charity nor a marketing tool. It shall be an effort lg;ksx djus dk iz;kl gS tgka ls og vfuok;Z izko/kkuksa dks lqfuf”pr of the Bank to contribute to the welfare of the society from where djrs gq, lhekvksa ds Hkhrj viuh n`<+rk rS;kj djrk gSA it derives its strength, within the limits, while simultaneously ensuring the mandatory provisions. lfefr dh lajpuk ¼vkt dh fLFkfr ds vuqlkj½ COMPOSITION OF COMMITTEE (as on date) 1- MkW0 ¼Jherh½ ds-ds- “kekZ lfefr dh v/;{k 1. Dr. (Mrs.) K. K. Sharma Chairperson of the Committee 2- Jh ,l- vkj- lksyadh lnL; 2. Mr. S. R. Solankee Member 3- Jh eqds”k “kekZ lnL; 3. Mr. Mukesh Sharma Member 4- Jh ,p- ds- voLFkh lnL; 4. Mr. H.K. Awasthi Member 5- Jh uhjt “kkjnk lnL; 5. Mr. Neeraj Sharda Member 6- Jh e`nqy dqekj vxzoky lnL; 6. Mr. Mradul Kumar Agarwal Member eq[; foRr@ifjpkyu la;kstd Chief Financial/Operating Convener vf/kdkjh # D/[!-%############################## 31 funs'kdksa dh fjiksVZ Directors’ Report dkjiksjsV lkekftd ftEesnkjh dk fooj.k DETAILS OF CORPORATE SOCIAL RESONSIBILTY foRrh; o’kZ 2016&17 ds nkSjku dkjiksjsV lkekftd ftEesnkjh ds rgr Amount Spent during the Financial Year 2016-17under O;; dh x;h jkf”k& Corporate Social Responsibility- d- dqy jkf”k tks foRrh; o’kZ esa O;; dh tkuh Fkh & #i;s 1-19 djksM+ A. Total amount which was to be spent in the Financial Year – ` 1.19 Crore [k- cSad }kjk foRrh; o’kZ ds nkSjku O;; dh x;h jkf”k & #i;s 0-27 B. Amount spent by bank during the Financial Year djksM+ - ` 0.27 Crore x- foRrh; o’kZ esa vO;f;r ckdh jkf”k & #i;s 0-92 djksM+ C. Amount which remained unspent in the Financial Year - ` 0.92 Crore ?k- og rjhdk ftlesa foRrh; o’kZ ds nkSjku jkf”k O;; dh x;h D. Manner in which the amount spent during the Financial Year is mentioned below- jkf'k yk[k esa (Amount in Lac) S. CSR Project or Activity Purpose Project or Program Amount outlay Cumulative Sanctioning No. "#!%+[#" mn~ns'; 1.Local area or other (Budget) Expenditure Authority dze lh,lvkj ifj;kstuk vFkok 2.State and District project or lap;h O;; laLohd`r la0 igpku dh xbZ xfrfof/k where the projects program-wise izkf/kdkjh were undertaken ifjO;; dh ifj;kstuk vFkok dk;Zdze jkf'k ¼ctV½ 1-LFkkuh; {ks= vFkok vU; ifj;kstuk 2-jkT; rFkk ftys tgka vFkok ifj;kstuk dh x;h Fkh dk;Zdze&okj 1. Providing Drinking Water in Making availa- District Nainital ` 25.88 ` 25.20 Board Village - Talla Koon (Nainital) ble safe drink- Uttarakhand (Project sanctioned xkao & rYyk dwu ¼uSuhrky½ esa ing water ftyk uSuhrky mRrjk[kaM in F.Y. 2015-16) is;ty iznku djuk lqjf{kr is;ty cksMZ miyCèk djkuk ¼foRrh; o’kZ 2015&16 esa Lohd`r ifj;kstuk½ 2. Sponsoring Children’s Football To encourage District Nainital ` 0.50 ` 0.50 Chairman & C.E.O Tournament at Nainital sports Uttarakhand v/;{k ,oa eq[; uSuhrky esa cPpksa ds QqVcky [ksyksa dks izksRlk- ftyk uSuhrky mRrjk[kaM dk;Zdkjh VwukZesaV dk izk;kstu fgr djuk vfèkdkjh 3. Publication of Book based To promote District Nainital ` 0.20 ` 0.20 COO/CFO on Nainital City. The book education Uttarakhand lhvksvks@lh,Qvks “Nainital-Kaleidoscope of Time f'k{kk dk ftyk uSuhrky mRrjk[kaM - Origin and Development of lao/kZu City in a time Horizon” uSuhrky “kgj ij vkèkkfjr iqLrd dk izdk”kuA iqLrd **uSuhrky≤ dk cgw:Ikn”kZd≤ f{kfrt esa “kgj dk ewy vkSj fodkl** 4. Blanket Distribution Eradicating District Nainital ` 1.16 ` 1.16 CSR Committee $%&A%077-# 0(# E-02# D/[!-# poverty & de- Uttarakhand lh,lvkj lfefr Nainital purchased from velopment of ftyk uSuhrky mRrjk[kaM Kshetriya Shri Gandhi Handicraft/ Ashram, Nainital Khadi Industry {ks=h; xka/kh vkJe] uSuhrky ls xjhch mUewyu [kjhns x, dacyksa dk eq[;ky; rFkk gLrf”ky@ uSuhrky esa forj.k [kknh m|ksx dk fodkl dqy Lohd`fr@ Total Sanction ` 27.74 ` 27.06 - 32 funs'kdksa dh fjiksVZ Directors’ Report ;|fi cSad dks lh,lvkj xfrfof/k;ksa ds fy, dbZ izLrko] vuqjks/k izkIr gq, However, the bank had received various proposals, requests for ysfdu bu ij blfy, fopkj ugha fd;k x;k D;ksafd ;s izLrko] vuqjksèk CSR activities but did not consider them, as the same did not lh,lvkj xfrfofèk;ksa ds fy, mfpr@vgZrk izkIr ugha ik, x,A ftlds qualify for CSR activities which resulted in the underutilization ifj.kkeLo:i bl fufèk dk mi;ksx de gks ik;kA cSad ,rn~ }kjk iqf"V !"#$%"!&'()*"+$%",-'."$%/%,01"2 '[/4)"#$-#"#$%"5467%4%'#-#5 '" djrk gS fd lh,lvkj uhfr dk dk;kZUo;u vkSj fuxjkuh cSad dh and monitoring of CSR Policy is in compliance with the CSR lh,lvkj uhfr ,oa blds mÌs';ksa ds vuq:i gSA objectives and policy of the bank. fo'ks"k ifjorZu vkSj izfrc)rk & cSad dk fMftVkbts'ku MATERIAL CHANGES AND COMMITMENTS – DIGITISATION OF THE BANK cSaÇdx okrkoj.k vR;f/kd izfrLi/khZ cu x;k gSA cktkj ds ifjorZu'khy Banking environment has become highly competitive. In order okrkoj.k esa thfor jgus rFkk fodkl djus ds fy,] cSad uohure to survive and grow in the changing market environment, banks izkS|ksfxfd;ksa dks viuk jgs gSa] tks yphyh lajpuk dks fodflr djus esa are adopting latest technologies, which can help in developing enn dj ldrk gS vkSj rsth ls cnyrs vkSj xfr'khy cktkj ifjn`'; esa \%95,7%")#/&2#&/%"#$-#"2-'"/%)6 '(":&52.70"# "#$%"(0'-452)" !"-" ykxr esa deh vkSj cSaÇdx O;olk; ds lkFk lac) yksxksa ,oa laLFkkvksa ds fast changing market scenario for cost reduction and effective lkFk izHkkoh laokn ds fy, enn dj ldrk gSaA communication with people and institutions associated with the banking business. vkidk cSad Hkh orZeku cSaÇdx ifjn`'; esa dM+h izfrLi/kkZ dk lkeuk dj jgk gSA ,slh pqukSfr;ksa dk lkeuk djus ds fy,] cSad us viuh ekStwnk Your bank is also facing stiff competition in the present banking lwpuk izkS|ksfxdh lajpuk esa lq/kkj djus ds fy, izLrko fd;k gSA blfy,] scenario. To respond to such challenges, the bank has proposed gekjs cSad ds fy, fMftVyhdj.k djuk vR;f/kd egRoiw.kZ gSA cSaÇdx to revamp its existing Information Technology structure. ysu&nsu dk ifjek.k vkSj jkf'k rsth ls c<+ jgh gSa] gesa ,d csgrj rjhds Therefore, it is highly important for our bank to get digitalized. ls ekStwnk xzkgdksa dh lsok djus fd t#jr gS rFkk vius c<+rs gq, xzkgd As volumes and amount of banking transactions are increasing vkèkkj dh mRiknksa dh de ykxr o vfèkd jktLo ds lkFk lsok ds fy, rapidly, we need to serve existing customers in a better way vius cqfu;knh 33 funs'kdksa dh fjiksVZ Directors’ Report cSad vkSj blds va'k/kkjdksa] nksuksa dh :fp yacs le; esa fLFkj ykHk es gSA Both the bank and all its stakeholders have interests in stable ge cSad ds fMftVyhdj.k dh bl izfØ;k dk leFkZu djus ds fy, lHkh 6/ [#-,575#0"5'"#$%"7 '>"#%/4*"@%") 7525#"2 A 6%/-#5 '"!/ 4"-77"#$%" fgr/kkjdksa ls lg;ksx ekaxuk pkgsaxsA ge lQyrkiwoZd vkids cSad ds stakeholders to support this process of digitization of the bank. fMftVyhdj.k djus ds fy, iz;kl djsaxsA We endeavor to successfully ride the wave of digitalization of your bank. blds vykok ge ekurs gSa fd fMftVyhdj.k cSaÇdx m|ksx ds fy, Further, we believe that digitization is not an option for banking ,d fodYi ugha gS] cfYd ;g vifjgk;Z gS D;ksafd gj m|ksx dk industry, rather it is inevitable because every industry is being fMthVyhdj.k fd;k tk jgk gS vkSj cSaÇdx {ks= viokn ugha gS tks gesa (5>5#5?%("-'(",-'.5'>")%2# /"5)"' "%92%6#5 '1"B$52$"B577",%'%[#" fuEu rjhds ls ykHk nsxk & us in the following ways- Z Z!csgrj xzkgd lsok ¼24 * 7½A Improved customer services (24*7). Z Z mRikndrk esa o`f) gks tk,xhA Productivity will be increased. Z cSadksa ds fcuk udn ysu&nsu ds fy, leFkZu rFkk ykxr esa deh Z Reduction of costs for banks and support to cashless vkfnA transactions etc. Z!vf/kd fMftVy MkVk dh cSad esa miyfC/k ds lkFk ge fMftVy Z With more digital data available with bank, we can take fo'ysf"kdh dk mi;ksx dj xfr'khy MsVk&pkfyr fu.kZ; y s ldrs gSaA data-driven dynamic decisions by using digital analytics. Z!c<+h gqbZ cSaÇdx lqfo/kk ds dkj.k xzkgdksa dh la[;k esa o`f)A Z Increase in the number of customers because of the increased convenience of banking. Z!blls ekuo =qfV de gks tk,xhA Z It will reduce human error. Z!udnh dh cM+h ek=k ls fuiVus dh t:jr de gks tk,xh Z Need of handling large amounts of cash will be reduced. Z!cSad [kkrksa dks [kksyuk vkSj cuk, j[kuk dHkh bruk vklku ugha jgkA Z Opening and maintaining bank accounts have never been this easier. Z!Lopkyu }kjk dk;Z dk nksgjko [k+Re gks tk,xkA Z Repetitive tasks will be eliminated by automation. Z! xzkeh.k vkSj 'kgjh varjky lekIr gks tk,xkA Z Rural and urban gap will be eliminated. Z! c<+rh udnfoghu ysunsu ds lkFk udyh eqæk dk [krjk de gks Z With the increasing cashless transactions, fake currency tk,xkA threat will be reduced. Z!i;kZoj.k vuqdwy igy tks dkxt dh cpr dj jgk gS vkSj dk;kZy; Z Environment-friendly initiative which saves paper discarding dh t:jr dks de djrk gSA -'("#$%"'%%("! /" ![2%")6-2%* vkHkkj ACKNOWLEDGEMENT funs'kd eaMy] Hkkjr ljdkj vkSj Hkkjrh; fjtoZ cSad dks egRoiw.kZ The Board of Directors expresses its sincere thanks to the fn'kkfunsZ'k ,oa lg;ksx ds fy;s /kU;okn nsrk gSA funs'kd eaMy cSad vkWQ Government of India, Reserve Bank of India for the valuable cM+kSnk ds izfr Hkh mlds }kjk lHkh egRoiw.kZ eqn~nksa ij fn;s x;s cgqewY; guidance and support. The Board also acknowledges with fn'kk funsZ'k ,oa mfpr le; ij lg;ksx ds fy,] ftlds fcuk orZeku gratitude and especially thanks Bank of Baroda for their valuable guidance and well-timed support on all vital issues, without ifj.kke izkIr djuk laHko u gksrk] d`rKrkiwoZd vkHkkj O;Dr djrk gSA which it would not have been feasible for the Bank to achieve funs”kd e.My cSad ds lEekuuh; va”k/kkjdksa] xzkgdksa vkSj vU; lHkh present growth. The Board also records its sincere gratitude to fgr /kkjdksa ds izfr muds lrr~ laj{k.k ds fy, vkHkkj O;Dr djrk gSA the Bank's valuable shareholders, esteemed customers and all funs”kd e.My cSad ds izR;sd deZpkjh dh mlds }kjk iznRr lefiZr other stakeholders for their continued patronage. The Board lsokvksa ds fy, Hkh iz”kalk Hkh djrk gS A also expresses its appreciation for every employee of the Bank for their dedicated service. funs'kd eaMy Hkkjrh; cSad la?k ds izfr Hkh mudks Hksts x, elyksa ij The Board of Directors placed on record the support and muds lg;ksx ,oa fn'kk&funsZ'k ds fy, vkHkkj O;Dr djrk gSA guidance received from IBA on the issues referred by the Bank. funs'kd eaMy dh vksj ls rFkk mlds fy,] FOR AND ON BEHALF OF THE BOARD OF DIECTORS LFkku % ubZ fnYyh ¼eqds'k 'kekZ½ PLACE: NEW DELHI (MUKESH SHARMA) fnukad % 17 twu] 2017 v/;{k ,oa eq[; dk;Zdkjh vf/kdkjh !"#$%%%%&'%()*+,%-.&'% /0!123!4%5%/#6 34 funs'kdksa dh fjiksVZ Directors’ Report QkeZ u- M R-3 Form No. MR-3 lfpoh; ys[kkijh{kk fjiksVZ SECRETARIAL AUDIT REPORT FOR THE FINANCIAL YEAR ENDED 2016-17 foŸkh; o"kZ 2016&17 ds fy, ¼daiuh vf/kfu;e] 2013 dh /kkjk 204 ¼1½ vkSj daiuh fu;e la[;k 9 ds [Pursuant to section 204(1) of the Companies Act, 2013 and vuqlkj ¼fu;qfä ,oa ikfjJfed dkÆed½ fu;e 2014] rule No.9 of the Companies (Appointment and Remuneration Personnel) Rules, 2014] lfpoh; ys[kkijh{kk fjiksVZ SECRETARIAL AUDIT REPORT foŸkh; o"kZ 2016&17 ds fy, FOR THE FINANCIAL YEAR ENDED 2016-17 lsok esa] To Jheku lnL; The Members The Nainital Bank Limited uSuhrky cSad fyfeVsM Naini Bank House, Seven Oaks uSuh cSad gkml] lsosu vksDl Mallital, Nainital, Uttarakhand - 263001 eYyhrky uSuhrky] mŸkjk[kaM &2631001 CIN NO: U65923UR1922PLC000234 flu ua- U65923UR1922PLC000234 AUTHORISED CAPITAL: 1,500,000,000 vf/k—r iwath % 1]500]000]000 pqdrk iwath% 77]50]00]000 PAID UP-CAPITAL: 77,50,00,000 eSa uezrk JhokLro izsfDVÇlx daiuh lfpo lh ih u- 13054 us daiuh I, Namrata Srivastava Practising Company Secretary having vfèkfu;e ds izko/kkuksa ds vuqlkj uSuhrky cSad fyfeVsM dk lfpoh; CP No.13054 have conducted the Secretarial Audit dated ys[kk ijh{kk fnukad 19-05-2017 ls 20-05-2017 rd fd;k ftlls fn 19.05.2017 to 20.05.2017 of the compliance of applicable statutory provisions and the adherence to good corporate uSuhrky cSad fyfeVsM ¼ftls ;gka cSaÇdx daiuh dgk x;k gS½ }kjk vPNs practices by The Nainital Bank Limited (hereinafter called dkWiksZjsV izFkkvksa ds ikyu ,oa ykxw lkafof/kd izkoèkkuksa ds ifjikyu dh the Banking Company). Secretarial Audit was conducted in a ys[kk ijh{kk dh xbZA lfpoh; ys[kk ijh{kk bl rjg ls fd xbZ fd eq>s manner that provided me a reasonable basis for evaluating the oS/kkfud vuqikyu ,oa dkWjiksjsV vkpj.k ds ifjikyu dk ewY;kadu ds corporate conducts/statutory compliances and expressing my fy, ,d mfpr vk/kkj izkIr gqvk] vkSj ftlls es viuh jk; O;ä dj opinion thereon. ldwaA C-)%(" '"40"<%/5[2-#5 '" !"+$%"D-5'5#-7"C-'."E545#%(", .)1" uSuhrky cSad fyfeVsM dh fdrkcsa] dkxt] feuV fdrkcsa] QkeZ vkSj 6-6%/)1"45'&#%", .)1"! /4)"-'("/%#&/')"[7%("-'(" #$%/"/%2 /()" nk;j fjVuZ vkSj vU; fjdkWMZ tks daiuh us j[ks gS ds lR;kiu ds maintained by the company and also the information provided by vkèkkj ij vkSj daiuh ,oa blds vfèkdkfj;ksa] ,tsaV ,oa vfèkd`r izfrfufèk #$%"= 46-'01"5#)" ![2%/)1"->%'#)"-'("-&#$ /5?%("/%6/%)%'#-#5<%)" }kjk lfpoh; ys[kkijh{kk ds lapkyu ds nkSjku nh x;h tkudkjh ds during the conduct of secretarial audit, I hereby report that in my opinion, the company has, during the audit period covering vk/kkj ij eSa O;ä djrh gw¡ fd esjh jk; esa] daiuh us 31 ekpZ 2017 dks #$%"['-'25-7"0%-/"%'(%(" '"FG)#"H-/2$1"IJGK"2 4675%("B5#$"#$%" lekIr gq,s foÙkh; o"kZ esa uhps fn, x, fu;eksa dk oS/kkfud :i ls ikyu statutory provisions listed hereunder and also that the Company fd;k gS vkSj daiuh ds ikl mfpr&cksMZ&izfØ;k ,oa mfpr vuqikyu&ra= has proper Board-processes and compliance-mechanism in gS tks ;gka fn;s x, rjhds vkSj bl lhek rd uhps nh xbZ fjiksÉVx ds place to the extent, in the manner and subject to the reporting v/khu gSA made hereinafter: eSaus uSuhrky cSad fyfeVsM ¼cSaÇdx daiuh½ dh 31 ekpZ] 2017 I have examined the books, papers, minute books, forms and dks lekIr foÙkh; o"kZ fd fdrkcsa] dkxt] feuV fdrkcsa] QkWeZ /%#&/')"[7%("-'(" #$%/"/%2 /()"4-5'#-5'%(",0"+$%"D-5'5#-7"C-'." vkSj nk;j fjVuZ ,oa vU; fjdkWMZ dh daiuh vf/kfu;e ds mica/kksa] E545#%("L#$%"C-'.5'>"= 46-'0M"! /"#$%"['-'25-7"0%-/"%'(%(" '" 2013 ¼vfèkfu;e½ ds rgr cuk, x, fu;eksa] cSaddkjh fofu;eu vfèkfu;e 31st March, 2017 according to the provisions of The Companies 1949 Hkkjrh; fjtoZ cSad vf/kfu;e] 1934 ds vuqlkj dh tkap dh Act, 2013 (the Act) and the rules made there under; The Banking gS rFkk tgka ykxw gS] fuEufyf[kr ds lacaèk esa & Regulation Act, 1949; RBI Act, 1934 as and where applicable with regard to- ¼d½ fofo/k lkafof/kd jftLVj vkSj nLrkostksa dk j[k&j[kko vkSj muesa vko”;d izfof’VA a. Maintenance of various statutory registers and documents and making necessary entries therein; ¼[k½ QkeZ] fooj.kh] nLrkost vkSj izLrko ftUgsa jftLVªkj vkQ dEiuht] {ks=h; funs”kd] dsUnz ljdkj] ,u-lh-,y-Vh- ;k vU; vf/kdkfj;ksa ds b. Forms, returns, documents and resolutions required to be [7%(" B5#$" #$%" N%>5)#/-/" !" = 46-'5%)1" N%>5 '-7" O5/%2# /1" lEeq[k QkbZy fd;k tkuk visf{kr gSA Central Government, NCLT or other authorities; 35 funs'kdksa dh fjiksVZ Directors’ Report ¼x½ cksMZ vkSj funs”kdksa dh fofHkUUu lfefr;ksa dh cSBdksa ds uksfVlA c. Notice of Board and various Committee meetings of Directors; ¼?k½ funs”kdksa vkSj funs”kdksa dh lHkh lfefr;ksa dh cSaBdsa vkSj ifji= ls d. Meetings of Directors and all the Committees of Directors ikfjr izLrkoA and passing of circular resolutions; ¼³½ okf’kZd lk/kkj.k lHkk] tks 29 twu] 2016 dks gqbZ] dks vkgwr djus dk e. Notice dated 7th May, 2016 for convening of Annual General 7 ebZ] 2016 dk uksfVlA Meeting which was held on 29th June, 2016; ¼p½ cksMZ vkSj mldh lfefr;ksa dh cSBdksa vkSj lkekU; cSBdksa dh dk;Zokgh f. Minutes of the proceedings of the Board Meetings, dk fooj.kA Committee Meetings and General Meetings; g. Constitution of the Board of Directors, Committees of ¼N½ funs”kd eaMy] funs”kdksa dh lfefr;ksa dk laxBu vkSj funs”kdksa Directors and appointment, retirement and reappointment ftuesa izcU/k funs”kd vkSj dk;Zdkjh funs”kd Hkh lfEefyr gSa dh of Directors including Managing Directors and Executive fu;qfDr] fuo`fÙk vkSj iqufuZ;qfDrA Directors; ¼t½ lkafof/kd vkSj vkarfjd ys[kk ijh{kdksa dh fu;qfDr vkSj ekuns;A h. Appointment and remuneration of Statutory & Internal Auditors; ¼>½ vkarfjd ys[kk ijh{kk ds fy, fujh{k.k foHkkx dh lfefr dk i. Constitution of inspection department committee for xBuA conducting internal audit; ¼´½ dEiuh ds “ks;jksa dk vUrj.k vkSj lapj.k] “ks;jksa dks tkjh vkSj j. Transfer and transmission of the Company's shares, issue vkcafVr djuk vkSj “ks;j lfVZfQdsVksa dh lqiqnZxhA -'("-77 #4%'#" !")$-/%)"-'("5))&%"-'("(%75<%/0" !"2%/#5[2-#%)" of shares; ¼V½ ykHkka”k Hkqxrku dh ?kks’k.kkA k. Declaration and payment of dividend; ¼B½ tSlk fd vf/kfu;e esa visf{kr gS] fuos'kd] f'k{kk vkSj laj{k.k dks"k l. Transfer of amounts as required under the Act to the Investor esa jkf”k dk vUrj.kA Education and Protection Fund; ¼M½ funs”kd eaMy dh fjiksVZA m. Report of the Board of Directors; ¼<½ 31 ekpZ] 2016 ds rqyui= dks izdkf”kr djokuk vkSj mu '*" P&,75)$5'>" !"C-7-'2%")$%%#"-)" '"FG)#"H-/2$1"IJGQ"R"[75'>" egRoiw.kZ foojf.k;ksa dks Qkby djuk tSls& cSad dh rjy vkfLr;ka of important returns which are to be submitted to the RBI vkSj ns;rk,a] QkeZ&8 ftUgsa cSafdax jsxqys”ku ,DV] 1949 ds vuqlkj such as return of Bank’s Liquid Assets & Liabilities, form 8, as per the Banking regulation Act, 1949; Hkkjrh; fjtoZ cSad dks izLrqr djuk gSA ¼.k½ bULVhV~;wV vkWQ dEiuh lsdzsVjht vkWQ bf.M;k }kjk tkjh o. Compliance with the applicable clauses of the Secretarial lsdzsVsfj;y ekudksa ds iz;ksT; izko/kkuksa dk vuqikyu A Standards issued by the Institute of the Company Secretaries of India; ¼r½ lh,lvkj desVh dk xBu ,oa dEiuht ,DV 2013 ds [k.M 135 ds p. CSR Committee constituted and functioning in accordance vuqlkj bldk dk;kZUo;uA with the section 135 of Companies Act, 2013; ¼Fk½ cSad us 1 djksM+ #i;s ds u, bfDoVh 'ks;j #- 24-00 çfr'ks;j ¼#- 10 q. The Bank has issued 1 Crore New Equity Shares at ` 24.00 vafdr ewY; vkSj #- 14-00 izhfe;e½ ij tkjh fd, gSA cSad us blds fy, Per Share ( ` 10 Face Value and ` 14.00 Premium). The Hkkjrh; fjtoZ cSad ls lHkh vko';d vuqefr;k¡ ys yh gSA cSad us Bank has taken all necessary permissions from Reserve C-'." !" S'(5-" ! /" #$%" )-4%*" +$%" C-'." $-)" -7) " [7%(" -77" daiuh jftLVªkj ds lkFk lHkh vko';d izi= nk;j dj fn;s gSa vkSj necessary forms with the Registrar of Companies and has o"kZ ds nkSjku vfèkfu;e ds izko/kkuksa dk ikyu fd;k x;k gS( complied with provisions of the Act, during the year; ¼M½ lkekU;r% vf/kfu;e ds vU; lHkh iz;ksT; izko/kku vkSj mlds r. Generally, all other applicable provisions of the Act and the vUrxZr fu;eA Rules there under. leh{kk/khu vof/k ds nkSjku cSad us lko/kkuh iwoZd vf/kfu;e ds izkoèkkuksa] During the period under review the Bank has meticulously fu;eksa] fofu;eksa] fn'kk&funsZ'k] ekudksa] vkfn dk ikyu fd;k gSA gkykafd] complied with the provisions of the Act, Rules, Regulations, Guidelines, Standards, etc. However, we have observed the geus ns[kk gS ,th,e dh lwpuk ds lkFk lfpoh; ekudksa ds vuqlkj izeq[k 36 funs'kdksa dh fjiksVZ Directors’ Report LFkku dk ekxZ uD'kk ugha Fkk( blfy, ;g flQkfj'k dh gS fd cSad dks following notice of AGM didn’t contain the route map of the fu/kkZfjr lfpoh; ekudksa dk ikyu djuk pkfg,A venue being the Prominent Location as per the Secretarial Standards; hence it is recommended that the Bank should follow the prescribed Secretarial Standards. diuh vf/kfu;e] 2013 dh /kkjk 135 ds vuqlkj] uSuhrky cSad fyfeVsM According to section 135 of Companies Act, 2013, The Nainital C-'." E545#%(" 5)" /%:&5/%(" # " )6%'(1" 5'" %<%/0" ['-'25-7" 0%-/1" -#" dks vius dkWiksZjsV lkekftd ftEesnkjh ds vuqlj.k esa izR;sd foŸkh; o"kZ 7%-)#" #B " 6%/" 2%'#" !" #$%" -<%/->%" '%#" 6/ [#)" !" #$%" 2 46-'0" esa] fiNys rqjar iwoZorhZ rhu o"kks± ds nkSjku fd, x, daiuh ds vkSlr 'kq) 4-(%" (&/5'>" #$%" #$/%%" 544%(5-#%70" 6/%2%(5'>" ['-'25-7" 0%-/)1" ykHk dk de ls de nks izfr'kr [kpZ djus dh vko';drk gS] ysfdu cSad in pursuance of its Corporate Social Responsibility, but the Bank has spent funds amounting to ` 27,05,500.00 instead of us #i;s 1]19]71]690-00 ¼vkSlr 'kq) ykHk dk 2 izfr'kr½ #i;s ds ctk; `"G1GT1KG1QTJ*JJ"LIU" !"-<%/->%"'%#"6/ [#M*"V B%<%/1"#$%",-'." 27]05]500-00 #i;s dh /kujkf'k [kpZ dh gSA gkykafd] cSad us lh,lvkj had received various proposals, requests for CSR activities xfrfof/k;ksa ds fy, fofHkUUk izLrko] vuqjks/k izkIr fd;s Fks] ysfdu bu ij but did not consider it as the same did not qualify for CSR fopkj ugha fd;k x;k D;ksfd os lh,lvkj xfrfof/k;ksa ds fy, vgZrk activities. The bank has also informed the CSR Committee for underutilisation of the funds. izkIr ugha FksA cSad }kjk /ku ds de mi;ksx ds fy, lh,lvkj lfefr dks lwfpr fd;k x;k gSA cSad us vius ekStwnk lajpuk esa lq/kkj ykus dk izLrko fd;k gS vkSj The Bank has proposed to revamp its existing structure and has embarked upon the digitisation of the bank, which is the need of fMftVkbZts'ku dh 'kq#vkr dh gS] tks le; dh ekax gS vkSj ljdkj dh the hour and is in line with the priorities of the Government. For izkFkfedrkvksa ds vuq:i gSA bl iz;kstu ds fy, cSad us ,d ^fMftVy this purpose the bank has appointed a ‘Head Digital’. The bank gsM* fu;qä fd;k gSA cSad us rRdky ekeyksa esa dkjiksjsV xoZusUl ds has complied with the standards of Corporate Governance in ekudksa dk ikyu fd;k gSA the instant matter. I further report that - eq>s vkxs dguk gS fd& The Board of Directors of the Company is duly constituted with daiuh ds funs'kd eaMy dk xBu dk;Zdkjh funs'kd] xSj dk;Zdkjh proper balance of Executive Directors, Non-Executive Directors funs'kdksa] vkSj Lora= funs'kdksa ds leqfpr larqyu ds lkFk fof/kor and Independent Directors. The changes in the composition of fd;k x;k gSA leh{kk vof/k ds nkSjku cksMZ vkWQ Mk;jsDVjlZ dh lajpuk the Board of Directors that took place during the period under review were carried out in compliance with the provisions of esa ifjorZu cSaÇdx fofu;eu vf/kfu;e] 1949 ds izko/kkuksa vkSj daiuh the Banking Regulation Act, 1949, and Companies Act, 2013 vfèkfu;e 2013] tgka ykxw gks ds vuqikyu esa fd;k x;k gSA wherever applicable. vko';d uksfVl lHkh funs'kdksa dks cksMZ dh cSBdksa es Hkkx ysus ds fy, Required notice is given to all directors to attend the Board Meetings, agenda and detailed notes on agenda were sent at fn;k tkrk gS] ,tsaMk vkSj ,tsaMk ij foLr`r uksV de ls de lkr fnu least seven days in advance and a system exists for seeking and igys Hksts tkus gS vkSj cSBd ls igys cSBd esa lkFkZd Hkkxhnkjh ds fy, ,#-5'5'>" !&/#$%/" 5'! /4-#5 '" -'(" 27-/5[2-#5 ')" '" #$%" ->%'(-" vkSj vf/kd tkudkjh rFkk ,tsaMk vkbVe ij Li"Vhdj.k izkIr djus ds items before the meeting and for meaningful participation at the fy, ,d iz.kkyh ekStwn gSA meeting. I further report that there are adequate systems and processes eq>s vkxs dguk gS fd daiuh esa izfØ;kvksa vkSj vuqikyu ij utj in the company commensurate with the size and operations of j[kus ds fy, cSad ds vkdkj ,oa lapkyu ds vuq:i i;kZIr O;oLFkk the company to monitor and ensure compliance with applicable gS rFkk ykxw dkuwuksa] fu;eksa] fn'kk funsZ'kksa vkSj fu;eksa ds vuqikyu ds laws, rules, regulations and guidelines. vuq:i lqfuf'Pkr gSaA (Namrata Srivastava) ¼uezrk JhokLro½ Company Secretary in Practice izSfDVflax daiuh lfpo 37 funs'kdksa dh fjiksVZ Directors’ Report bl fjiksVZ dks leku fnukad ds gekjs i= tks fd blds This report is to be read with our letter of even date which layXud&, ds :i esa layXu gSa] lfgr i<+k tk,aA is annexed as “Annexure-A” and forms an integral part of this report. “ layXud&, ” “Annexure-A” lsok esa Jheku lnL; To uSuhrky cSad fyfeVsM The Members uSuh cSad gkml] lsosu vksDl The Nainital Bank Limited eYyhrky uSuhrky] mŸkjk[kaM &263001 Naini Bank House, Seven Oaks Mallital, Nainital, Uttarakhand - 263001 eSa ;g lwfpr djrs gq, izlUUk gw¡ fd eSaus foÙkh; o"kZ 2016&17 ds fy, I am pleased to inform that I have conducted the Secretarial uSuhrky cSad fyfeVsM dh lfpoh; ys[kk ijh{kk lapkfyr dh ftldk Audit of ‘The Nainital Bank Limited’ which was incorporated xBu 31@07@1922 dks gqvk Fkk] ftldk iathdj.k vkxjk ,oa voèk on 31.07.1922, registered under the Registrar of Joint Stock ds la;qDr izkar ds la;qDr LVkWd dEifu;ksa ds jftLVkj ds ikl gqvk = 46-'5%)"W'5#%("P/ <5'2%)" !"X>/-"-'("Y&($1"! /"#$%"['-'25-7" year 2016-17. As per our opinion ‘The Nainital Bank Limited’ gSA gekjh jk; es ^uSuhrky cSad fyfeVsM* us fof/kor ykxw dkuwuksa ds has duly complied with the provisions of the applicable laws izkoèkkuksa dk ikyu fd;k gSA ;g ik;k x;k fd fjdkWMZ dks Bhd j[kk as and when required. The Records were found to be properly vkSj lajf{kr fd;k x;k gS maintained and preserved. eSa vkxs fuEufyf[kr ?kks"k.kk djrh gwaA I further declare the following. 1- lfpoh; fjdkWMZ dk j[kj[kko daiuh ds izca/ku dh ftEesnkjh gS gekjh 1. Maintenance of the Secretarial record is the responsibility ftEesnkjh gekjh ys[kk ijh{kk ds vk/kkj ij bu lfpoh; fjdkWMZ ij of the management of the Company. Our responsibility is to jk; O;ä djus ds fy, gSA express an opinion on these secretarial records based on our audit. 2- geus ys[kk ijh{kk vH;kl vkSj izfØ;k dk ikyu fd;k gS tks lfpoh; 2. We have followed the audit practice and process as were vkSj vU; fjdkWMZ dh lkexzh dh 'kq)rk vkSj varZoLrq ds ckjs esa mfpr appropriate to obtain reasonable assurance about the vk'oklu izkIr djus ds fy, mi;qä Fks correctness of the contents of the secretarial and other records. 3- ,d cSaÇdx daiuh gksus ds ukrs] [kkrksa vkSj ys[kk ekud dh iqLrd dh 3. Being a Banking company the correctness of the Book of lR;rk dk vkWfMV Hkkjrh; fjtoZ cSad }kjk vuqeksfnr lkafof/kd accounts and accounting standard are being audited by the ys[kk ijh{kd }kjk fd;k tk jgk gSA Central Statutory Auditors approved by the Reserve Bank of India. 4- tgk¡ Hkh vko';d gS geus cSaÇdx daiuh vkSj mlds ifj.kkeh dkuwuksa 4. Wherever required we have obtained information, ij ykxw fofHkUUk dkuwuksa ds vuqikyu ds laca/k esa tkudkjh] nLrkost+ documents and management views with regard to vkSj izca/ku ds fopkj izkIr fd;s gSA Li"Vhdj.k vkSj cSad izca/ku ds compliance of various laws applicable on banking company fopkj izFke n`"V;k vuqikyu dh iqf"V djrs gSaA and consequential laws thereof, the explanations and views !"C-'.R)"H-'->%4%'#"6/54-"!-25%"2 '[/4"2 4675-'2%)*" ¼uezrk JhokLro½ (Namrata Srivastava) izSfDVflax daiuh lfpo Company Secretary in Practice 38 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures csly –III fiyj –3 izdVhdj.k ¼31-03-2017½ BASEL–III PILLAR–3 DISCLOSURES (31.03.2017) lkj.kh Mh,Q& 1% ykxw fd;s tkus dk nk;jk Table DF- 1: Scope of Application cSafdax lewg ds izèkku dk uke] ftl ij ;g laLFkk dk uke@ D;k ml gLrh dks Lkesdu ds rjhds D;k ml gLrh dks Lkesdu ds Lkesdu ds rjhds ;fn lesdu ds dsoy fuxeu ns'k lesdu ds ys[kkadu dks Li"V djsa lesdu ds fofu;ked rjhds dks Li"V esa varj ds dkj.kksa ,d gh nk;js esa nk;js ds varxZr nk;js ds varxZr djsa dks Li"V djsa lesfdr fd;k x;k gks] lfEefyr fd;k x;k gS lfEefyr fd;k x;k gS rks mlds dkj.k Li"V ¼gka@ugha½ ¼gka@ugha½ djsaA Whether the entity Whether the entity Explain the Explain the reasons Name of the is included under Explain the is included under Explain the reasons for if consolidated entity/(Country of accounting scope of method of regulatory scope of method of difference in under only one Incorporation) consolidation consolidation consolidation consolidation method of of the scopes of (Yes/No) (Yes/No) consolidation consolidation 'kwU;@ Nil [k- lesdu ds ys[kkadu vkSj fofu;ked nksuksa nk;jksa ds varxZr b. List of group entities not considered for consolidation lesdu gsrq fopkj esa u fy, x, lewg gfLr;ksa dh lwphA both under the accounting and regulatory scope of consolidation ,slh dksbZ lewg gLrh ugha gS ftls lesdu ds ys[kkadu vkSj fofu;ked There are no entities in the group which are considered for nksuksa nk;jksa ds varxZr lesdu gsrq fy;k x;k gksA consolidation under both accounting and regulatory scope of consolidation. ii) ek=kRed izdVhdj.k ii) Quanitative Disclosures: x- lesdu gsrq fopkj esa fy, x, lewg gfLr;ksa dh lwph c. List of group entities considered for consolidation ,slh dksbZ lewg gLrh ugha gS ftls fy;k x;k gksA There is no such entity which may be considered for consolidation. ?k- lHkh vuq"kafx;ksa esa iwath esa dfe;kas dh ldy jkf'k ftls 78% "9+% :;;<+;:=+% :>?)*=% ?@% A:BC=:D% 7+[AC+*AC+F% C*% :DD% lesdu ds fofu;ked nk;js esa 'kkfey ugha fd;k x;k gS] subsidiaries which are not included in the regulatory vFkkZr~ ftls ?kVk;k x;k gS % scope of consolidation i.e. that are deducted cSad dh ,slh dksbZ vuq"kaxh ugha gS blfy, fdlh vuq"kaxh esa iwath ds vHkko Bank does not have any subsidiary as such there is no scope of dk volj ugha gSA 2-65#-7"(%[25%'20"5'"-'0" !")&,)5(5-/0* e. The aggregate amounts (e.g. current book value) of the ³ chek laLFkkvksa esa cSad ds dqy fgrksa dh ldy jkf'k;ka ¼tSls Bank's total interests in insurance entities, which are orZeku cgh ewY;½] tks tksf[ke Hkkfjr gSa % risk-weighted cSad chek laLFkkvksa esa dksbZ #fp ugha j[krk gSA The bank has no interest in insurance entity. p- cSafdax lewg ds Hkhrj fufèk;ka ;k fofu;ked iwath ds varj.k f. Any restrictions or impediments on transfer of funds or ij dksbZ izfrcaèk ;k ckèkk,aA regulatory capital within the banking group dksbZ izfrcUèk ugha gSA There is no restriction. 39 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures lkj.kh Mh,Q&2 % iwath Ik;kZIrrk TABLE DF-2: CAPITAL ADEQUACY i) xq.kkRed izdVhdj.k i) Qualitative Disclosures d½ cSad us ,d larqfyr tksf[ke izcUèku lajpuk cukbZ gS ftlesa iwath a) The Bank has put in place a robust Risk Management dks b"Vre cukus vkSj ykHk dks lokZfèkd djus vFkkZr~ miyCèk iwath ls X/2$5#%2#&/%"B5#$"(&%"! 2&)" '"=-65#-7" 6#545?-#5 '"-'(" '"6/ [#" lokZfèkd O;olk; djus ftlls cnys esa lokZfèkd ykHk ;k bfDoVh ls maximization, i.e. to do maximum business out of the available okilh gksxh ij è;ku dsfUnzr fd;k gSA cSad csly& III dh #ijs[kk ds 2-65#-7"B$52$"5'"#&/'"4-9545?%"6/ [#" /"/%#&/'" '"%:&5#0*"C-'." vuqlkj oSf'od #i ls LohÑr etcwr tksf[ke O;oLFkk tks lalkèkuksa ds is benchmarking on globally accepted sound risk management dq'ky] lkE;iw.kZ vkSj foosdiw.kZ vkoaVu esa l{ke gS dks cSUp ekdZ cuk jgk system, conforming to Basel–III framework, enabling a more gSA %![25%'#"%:&5#-,7%"-'("6/&(%'#"-77 2-#5 '" !"/%) &/2%)* iwath ;kstuk izfØ;k esa cSad fuEufyf[kr dh leh{kk djrk gS%& In Capital Planning process the bank reviews: ! cSad dh pkyw iwathxr vko';drk ! Current capital requirement of the Bank ! O;kolkf;d O;wg jpuk vkSj tksf[ke vfHk#fp ds lacaèk esa yf{kr vkSj ! The targeted and sustainable capital in terms of business Ik;kZIr iwath strategy and risk appetite. iwaath dh vko';drk dh fuxjkuh 'kh"kZLFk dk;Zikydksa dh tksf[ke izcUèku Capital needs are monitored periodically by the Risk lfefr djrh gSA iwaath dh vko';drk dk vfxzeksa] fuos'kksa esa o`f) dh Management Committee comprising Top Executives. Capital mEehn dks è;ku esa j[krs gq, iwokZuqeku yxk;k tkrk gSA requirement is projected annually considering the expected growth in advances, investments etc. cSad ,Dlikstjksa] dkjksckjksa bR;kfn ds ewY; esa gkfu ds tksf[ke dks laHkkyus Bank maintains capital to cushion the risk of loss in value of ds fy, iwath cuk;s j[krk gSA mldh lHkh tksf[keksa ds O;kid ewY;kadu exposure, businesses etc. so as to protect the depositors ,oa mls izysf[kr djus rFkk mlds fy, iwath ds vkoaVu dh iqf"V gsrq ,d -'(">%'%/-7"2/%(5# /)"->-5')#"7 ))%)*"C-'."$-)"-"B%77"(%['%(" lqifjHkkf"kr vkarfjd iwath i;kZIrrk ewY;kadu uhfr (ICAAP) gSA Internal Capital Adequacy Assessment Policy (ICAAP) to comprehensively evaluate and document all risks. Hkkjrh; fjtoZ cSad ds fn'kkfunsZ'kksa ds vuqlkj cSad us vfxze tksf[ke In line with the guidelines of the Reserve Bank of India, the ds fy, ekudhÑr i)fr] ifjpkyu tksf[ke ds fy, vkèkkjHkwr ladsrd Bank has adopted Standardised Approach for Credit Risk, i)fr rFkk lhvkjvkj dh x.kuk ds fy, cktkj tksf[ke gsrq ekudhÑr Basic Indicator Approach for Operational Risk and Standardized vkofèkd i)fr viuk;h gSA Duration Approach for Market Risk for computing CRAR. iwathxr vko';drk vkfFkZd ifjos'k] fu;ked t:jrsa rFkk cSad dh The capital requirement is affected by the economic environment, xfrfofèk;ksa ls gksus okys tksf[ke ls izHkkfor gksrh gSA cSad dh iwathxr the regulatory requirement and by the risk arising from bank's activities. The purpose of capital planning of the bank is to ensure vk;kstuk dk mís'; vkfFkZd ifjfLFkfr;ksa ds ifjorZu ds le;] ;gka rd the adequacy of capital at the times of changing economic fd vkfFkZd eanh ds nkSj esa Hkh iwath dh i;kZIrrk dks lqfuf'pr djuk gSA conditions, even at times of economic recession. In capital iwathxr vk;kstu dh izfØ;k esa cSad fuEufyf[kr dh leh{kk djrk gS % planning process the bank reviews: cSad dh ekStwnk iawthxr vko';drkA ! Current capital requirement of the bank. dkjksckj j.kuhfr rFkk tksf[ke izo`fÙk ds lanHkZ esa yf{kr rFkk ! The targeted and sustainable capital in terms of business èkkj.kh; iawthA strategy and risk appetite. Hkfo"; dh iwathxr vk;kstuk vxys rhu o"kZ dks è;ku esa j[kdj dh ! The future capital planning is done on a three-year outlook. tkrh gSA 40 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures ii) ek=kRed izdVhdj.k ii) QUANTITATIVE DISCLOSURES Amount S. Øa ¼jkf'k djksM+ esa½ Items (` in Crores) en No. la- 31-03-2017 31.03.2017 ¼[k½ _.k tksf[ke ds fy, iwath vis{kk,a% (b) Capital requirements for Credit Risk ! Portfolios subject to Standardized 292.17 292.17 ! ekudhÑr n`f"Vdks.k ds vèkhu lafoHkkx Approach ! izfrHkwfrdj.k ,Dlikstj ----- ! Securitization Exposures ----- ¼x½ Ckktkj tksf[ke ds fy, iwath vis{kk,a (c) Capital requirements for Market Risk ! ekudhÑr vofèk n`f"Vdks.k 86.22 ! Standardized Duration Approach 86.22 ! ! C;kt nj tksf[ke 25.86 ! ! Interest Rate Risk 25.86 ! ! Foreign Exchange Risk (including ! ! ------fons'kh eqnzk tksf[ke ¼Lo.kZ lfgr½ Gold) ! ! bfDoVh tksf[ke 60.36 ! ! Equity Risk 60.36 Capital requirements for Operational (d) ¼?k½ IkfjpkyukRed tksf[ke ds fy, iwath vis{kk,a Risk ! ewy ladsrd n`f"Vdks.k 36.94 ! Basic Indicator Approach 36.94 lkekU; bfDoVh fV;j 1] fV;j 1 rFkk dqy Common Equity Tier 1, tier 1 and Total ¼³½ (e) iwath vuqikr % Capital ratios: ! Lkesfdr lewg ds fy, ! Group CRAR ! ! lhbZVh 1 vuqikr ---- ! ! CET 1 Ratio ---- ! ! fV;j 1 vuqikr ---- ! ! Tier 1 Ratio ---- ! ! fV;j 2 vuqikr ---- ! ! Tier 2 Ratio ---- ! ! lhvkj,vkj ---- ! ! CRAR ---- ! ,dy lhvkj,vkj ! Stand alone CRAR ! ! lhbZVh 1 vuqikr 12.47% ! ! CET 1 Ratio 12.47% ! ! fV;j 1 vuqikr 12.47% ! ! Tier 1 Ratio 12.47% ! ! fV;j 2 vuqikr 0.31% ! ! Tier 2 Ratio 0.31% ! ! lhvkj,vkj 12.78% ! ! CRAR 12.78% lkj.kh Mh,Q&3 % _.k tksf[ke TABLE DF-3: CREDIT RISK Xkq.kkRed izdVhdj.k (i) QUALITATIVE DISCLOSURES d½ _.k vkfLr;ksa dks oxhÑr djus ds fy, cSad dh fuEufyf[kr uhfr a. The policy of the bank for classifying bank's loan assets is gS %& as under: xSj fu"iknd vkfLr;ka ¼,uih,½ % xSj fu"iknd vkfLr;ka ¼,uih,½ NON PERFORMING ASSETS (NPA): A non performing ,slk _.k ;k vfxze gS tgk¡ & asset (NPA) is a loan or an advance where; ! ! eh;knh _.k ds lanHkZ esa 90 fnu ls vfèkd dh vofèk ds fy, ! ! interest and/ or installment of principal remain overdue C;kt rFkk@;k ewyèku dh fd'r] vfrns; gks tkrh gSA for a period of more than 90 days in respect of a term loan, ! ! vksoj Mªk¶V@udn mèkkj ¼vksMh@lhlh½ ds lacaèk esa [kkrk ! ! the account remains ‘out of order' in respect of an vfu;fer ¼vkmV vkWQ vkMZj½ jgk gSA Overdraft/Cash Credit (OD/CC), ! ! [kjhns x, rFkk cÍs [kkrs Mkys x, fcyksa ds lanHkZ esa 90 fnuksa ! ! the bill remains overdue for a period of more than 90 ls vfèkd dh vofèk ls cdk;k vfrns; fcyA days in the case of bills purchased and discounted, ! ! vYikofèk Qlyksa ds fy, _.k ds ekeys esa ewy jkf'k dh fd'r ! ! the installment of principal or interest thereon remains vFkok ml ij cdk;k C;kt nks Qlyh ekSleksa ls vfrns; gks overdue for two crop seasons for short duration crops, tkrk gSA 41 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures ! ! yEch vofèk dh Qlyksa ds fy, _.k ds ekeys esa ewy jkf'k ! ! the installment of principal or interest thereon remains dh fd'r vFkok ml ij cdk;k C;kt ,d Qlyh ekSle ls overdue for one crop season for long duration crops. vfrns; gks tkrk gSA fdlh Hkh vks-Mh-@lh-lh- [kkrs dks ml fLFkfr esa Þ[kjkcß [kkrk ekuk An OD/CC account is treated as ‘out of order' if the outstanding tkrk gS tc [kkrs esa LohÑr [email protected] lhek ls vfèkd jkf'k fujUrj balance remains continuously in excess of the sanctioned limit/ :i ls cdk;k jgrh gksA mu ekeyksa esa] tgk¡ ewy ifjpkyuxr [kkrs esa drawing power. In cases where the outstanding balance in the cdk;k 'ks"k LohÑr [email protected] lhek ls de jgrk gks ysfdu tgka principal operating account is less than the sanctioned limit/ drawing power, but there are no credits continuously for 90 days rqyu&i= dh rkjh[k dks fujUrj 90 fnuksa ls dksbZ tek u fd;k x;k as on the date of Balance Sheet or credits are not enough to gks ;k tek dh xbZ jkf'k mlh vofèk esa yxk;s tk jgs C;kt dh iwfrZ ds cover the interest debited during the same period, these accounts fy, i;kZIr u gks ,sls [kkrs [kjkc le>s tkrs gSaA are treated as ‘out of order' . fdlh Hkh _.k lqfoèkk ds vUrxZr cSad dks ns; fdlh Hkh jkf'k dks ml An amount due to the bank under any credit facility is ‘overdue' if fLFkfr esa Þvfrns;ß ekuk tkrk gS tc bldk cSad }kjk fuèkkZfjr ns; !" #"$%!"&' ("%$"!)*"(+*"('!*"[-*("./"!)*".'$01 rkjh[k dks Hkqxrku ugha fd;k tkrk gSA cSad dh xSj fu"iknd vkfLr;ksa dks vkxs fuEufyf[kr rhu Jsf.k;ksa esa 2%$"3*45%46 $7"8##*!#"%5"!)*"9'$0"'4*"5+4!)*4":;'## [*(" $"!%" oxhZÑr fd;k x;k gS & three categories as under: voekud vkfLr;ka SUB STANDARD ASSETS voekud vkfLr ls vfHkizk;] ,slh vkfLr;ksa ls gS tks 12 eghuksa ;k A sub standard asset would be one, which has remained NPA mlls de le; ls xSj fu"iknd vkfLr jgh gksA olwyh lacaèkh lHkh for a period less than or equal to 12 months. All the recovery mik;&voekud vfLr;ksa ls Hkh lEcfèkr gSaA ;fn lEiw.kZ vfrns; udn measures are relevant in substandard assets also. If the entire olwyh ds :i esa izkIr gks tkrk gS rks [kkrs dks rqjUr gh ekud Js.kh ds overdues are recovered by way of cash recovery, the account vUrxZr vixzsM fd;k tk ldrk gSA blh izdkj ;fn dksbZ [kkrk rduhdh can be upgraded to standard category immediately. Similarly, if dkj.kksa ls ,uih, ds :i esa oxhZÑr gks tkrk gS rks mls rduhdh dkj.kksa '$" '::%+$!" #" :;'## [*(" '#" 238" (+*" !%" !*:)$ :';" 4*'#%$#<" !)*" ds lacaèk esa ÞDyh;jsalß izkIr gksus ij vixzsM fd;k tk,xkA account shall be upgraded on clearance of technical reasons. lafnXèk vkfLr;ka DOUBTFUL ASSETS fdlh Hkh vkfLr dks 12 eghuksa rd voekud Js.kh esa cus jgus dh fLFkfr An as #*!"=%+;(".*":;'## [*("'#"(%+.!5+;" 5" !"4*6' $*(" $"!)*"#+." esa lafnXèk ds :i esa oxhÑr fd;k tk,xkA ,sls voekud rFkk lafnXèk standard category for 12 months. Substandard and Doubtful [kkrs tks iqu%lkj.kh c) gks ldrs gksa@ftudh vofèk dk iqufuZèkkZj.k accounts which are subjected to restructuring/rescheduling, fd;k tk ldrk gks dks vofèk ds nkSjku [kkrs ds larks"ktud dk;Z can be upgraded to standard category only after a period of one fu"iknu dks ns[krs gq, ml rkjh[k tc C;kt vFkok ewy jkf'k dk izFke /*'4"'5!*4"!)*"('!*"=)*$"[4#!"&'/6*$!"%5" $!*4*#!"%4"%5"&4 $: &';<" Hkqxrku fd;k x;k gks rFkk buesa ls tks Hkh igys gks ls ,d o"kZ dh vofèk whichever is earlier, falls due, subject to satisfactory performance ds i'pkr mDr ekud Js.kh esa vixzsM fd;k tk ldrk gSA during the period. gkfudj vkfLr;ka LOSS ASSETS gkfudj vkfLr ls vfHkizk; ,slh vkfLr ls gS tgka gkfu cSad vFkok A loss '##*!" #"%$*"=)*4*";%##")'#".**$" (*$! [*("./"!)*".'$0" vkarfjd vFkok ckg; ys[kk ijh{kdksa vFkok Hkkjrh; fjtoZ cSad ds fujh{k.k or internal or external auditors or the RBI inspection. In Loss }kjk irk pyh gksA gkfu vkfLr;ksa esa miyCèk izfrHkwfr dk olwyh ;ksX; assets, realizable value of security available is not more than ewY; cdk;k 'ks"k@ns;ksa dk 10 izfr'kr ls vfèkd ugha gksrk gSA pwafd 10% of balance outstanding/ dues. Since security back up will izfrHkwfr cSdvi miyCèk ugha gksrk gS vr% iqufuZèkkZj.k@iquLFkkZiu ;fn not be available, the restructuring/ rehabilitation, if required, is ;g vko';d gks rks bl ij vfr lkoèkkuhiwoZd fopkj fd;k tkrk gSA considered with utmost care. dk;Zuhfr ,oa izfØ;k,a STRATEGIES AND PROCESSES cSad dh] _.k tksf[ke izcaèku ds egRoiw.kZ {ks=ksa dks 'kkfey djrs gq, iw.kZ >)*".'$0")'#"'"=*;;"(*[$*("?%'$"3%; :/"@"A$B*#!6*$!"3%; :/" :i ls ifjHkkf"kr _.k uhfr ,oa fuos'k uhfr gS tks fuEukuqlkj gS % covering the important areas of credit risk management as under: 42 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures ! vFkZO;oLFkk ds fofHkUu {ks=ksa esa _.kdÙkkZvksa ds fofHkUu izdkj vkSj ! Exposure ceilings to different sectors of the economy, muds xzqi vkSj m|ksx ds fy, ,Dlikstj lhek,aA different types of borrowers and their group and industry. ! _.k forj.k esa mfpr O;ogkj lafgrkA ! Fair Practice Code in dispensation of credit. ! Discretionary Lending Powers for different levels of authority ! cSad ds fofHkUu Lrj ds izkfèkdkfj;ksa ds fy, _.k iznku djus lacaèkh of the bank. foosdkfèkdkjA ! _.k forj.k ds lacaèk esa izfØ;k,a&LohÑfr iwoZ fujh{k.k] jí djuk] ! Processes involved in dispensation of credit – pre sanction ewY;kadu] LohÑfr] nLrkosthdj.k] ekuhVfjax vkSj olwyhA inspection, rejection, appraisal, sanction, documentation, monitoring, and recovery. ! ewY; fuèkkZj.k ! Fixation of pricing. cSad dk _.k tksf[ke n'kZu] lajpuk vkSj iz.kkyh THE CREDIT RISK PHILOSOPHY, ARCHITECTURE fuEukuqlkj gS % AND SYSTEMS OF THE BANK ARE AS UNDER _.k tksf[ke n'kZu % Credit Risk Philosophy: ! cSad ds _.kksa rFkk muls izkfIr esa vR;fèkd o`f) djuk rkfd cSad ! To Optimise the Credit and return envisaged in order that the ds lalkèkuksa dh lqj{kk o dkiksZjsV o`f) ,oa le`f) lqfuf'pr gksus ds Economic Value Addition to Shareholders is maximized and lkFk lHkh fgr èkkjdksa ds fgr lajf{kr gksa ,oa 'ks;j èkkjdksa dks vkfFkZd the interests of all the Stakeholders are protected alongside ykHk esa c<+ksÙkjh gksA ensuring corporate growth and prosperity with safety of bank's resources. ! cSad vius foÙkh; lalkèkuksa dks Øfed :i ls lqO;ofLFkr vkSj dkjxj ! >%" 4*7+;'!*" '$(" #!4*'6; $*" !)*" [$'$: ';" 4*#%+4:*#" %5" !)*" cuk;sa rkfd fofHkUu pSuyksa dks ijLij tksM+k tk lds rFkk cSad ds bank in an orderly manner to enable the various channels to lkekU; y{;ksa vkSj mís';ksa dh izkfIr dh tk ldsA incline and achieve the common goal and objectives of the Bank. ! vFkZO;oLFkk dh fofHkUu jk"Vªh; izkFkfedrkvksa dks ;kstukc) ! m|eokj _.k laLÑfr fodflr djuk vkSj ifjpkyu LVkQ dks ! To instill a sense of credit culture enterprise-wide and to lg;ksx iznku djukA assist the operating staff. ! fofHkUu _.k [k.Mksa dks vko';drk ij vkèkkfjr vkSj le; ij _.k ! To provide need-based and timely availability of credit to lqfoèkk miyCèk djokukA various borrower segments. ! _.k izcaèku dh n{krk tSls LohÑfriwoZ] LohÑfr mijkar fuxjkuh] ! To strengthen the credit management skills namely pre- i;Zos{k.k vkSj vuqorhZ dk;Zokgh ds mik; dks lqn`<+ cukuk rkfd cSad sanction, post-sanction monitoring, supervision and follow- esa dkjxj _.k laLÑfr fodflr dh tk lds rFkk _.k lafoHkkx dks up measures so as to promote a healthy credit culture and xq.koÙkk ;qDr cuk;k tk ldsA maintain quality credit portfolio in the bank. ! xq.koÙkkiw.kZ ewY;kadu ,oa xfr ds lkFk foLr`r ekxZfunsZ'kksa dh iw.kZ ! To deal with credit proposals more effectively with quality vuqikyuk ds lkFk _.k izLrkoksa ij vfèkd izHkkoiw.kZ 43 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures cSad dh _.k tksf[ke izcaèku dh lajpuk vkSj iz.kkfy;ka ARCHITECTURE AND SYSTEMS OF THE BANK ! cSad esa tksf[ke izcaèku dk;Zdykiksa dh ns[kjs[k rFkk leUo; dk;ksZa ds ! A Sub-Committee of Directors has been constituted by fy, cksMZ }kjk funs'kdksa dh ,d milfefr dk xBu fd;k x;k gSA !)*" 9%'4(" !%" #&*: [:';;/" %B*4#**" '$(" :%E%4( $'!*" C #0" Management functions in the bank. ! _.k uhfr;ksa lfgr foHkUu _.k tksf[ke uhfr;ksa dks rS;kj djus vkSj ! Credit Policy Committee has been set up to formulate and mu dk fØ;kUo;u lqfuf'pr djus vkSj cSad ds tksf[ke izcaèku dk;kZsa implement various credit risk strategy including lending dh fu;fer ns[k&js[k djus ds fy, _.kuhfr lfefr dk xBu fd;k policies and to monitor Bank's Risk Management function on x;k gSA a regular basis. ! _.k izLrkoksa ds ekudksa] foÙkh; izlafonkvksa] jsfVax ekudksa rFkk ! Formulating of policies on standards for credit proposals, caspekdZ ds lacaèk esa ekud uhfr;ka rS;kj djukA [$'$: ';":%B*$'$!#<"4'! $7"#!'$('4(#"'$(".*$:)6'40#1" ! _.k foHkkx fuèkkZfjr lhekvksa ds Hkhrj igpku] eki] ns[kjs[k rFkk ! D4*( !" F*&'4!6*$!" (*';" = !)" (*$! [:'! %$<" 6*'#+4*6*$!<" _.k tksf[ke fu;a=.k lacaèkh dk;Z ns[krk gSA monitoring and controlling credit risk within the prescribed limits. ! cksMZ@fu;kedksa vkfn }kjk rS;kj fd;s x;s tksf[ke iSjkehVlZ rFkk ! Enforcement and compliance of the risk parameters and foosdiw.kZ lhekvksa dks ykxw djuk rFkk mudk vuqikyu lqfuf'pr prudential limits set by the Board/regulator etc., djukA ! tksf[ke ewY;kadu iz.kkfy;ksa dks rS;kj djuk] ,e vkbZ ,l dks fodflr ! Laying down risk assessment systems, developing MIS, and djuk vkSj _.k lafoHkkx dh xq.koÙkk dh ns[k&js[k] leL;kvksa dh 6%$ !%4 $7"G+'; !/"%5";%'$"&%4!5%; %<" (*$! [:'! %$"%5"&4%.;*6#<" igpku] dfe;ksa esa lqèkkj djukA :%44*:! %$"%5"(*[: *$: *#1" ! Improving credit delivery system upon full compliance of laid ! rS;kj fd, x, fu;eksa vkSj fn'kk funsZ'kksa dh iw.kZ :i ls vuqikyuk down norms and guidelines. ds fy, _.k lqiqnZxh iz.kkyh esa lqèkkj ykukA tksf[ke fjiksZfVax vkSj@vFkok vkdyu i)fr dk {ks= THE SCOPE AND NATURE OF RISK REPORTING o izÑfr AND/OR MEASUREMENT SYSTEM cSad _.k ,Dlikstj ds fy, dM+h _.k tksf[ke jsfVax iz.kkyh 'kq: djus The Bank has in place a robust credit risk rating system for its tk jgk gSA _.k tksf[keksa dks de djus ds izHkkoh mik;ksa esa fdlh Hkh credit exposures. An effective way to mitigate credit risks is to vkfLr fo'ks"k esa tksf[ke dh laHkkoukvksa dk irk yxkuk] LoLFk vkfLr identify potential risks in a particular asset, maintain a healthy xq.koÙkk dks cuk;s j[kuk rFkk blds lkFk gh cSad dh lexz dk;Zuhfr vkSj '##*!" G+'; !/" '$(" '!" !)*" #'6*" ! 6*" 6&'4!" \*- . ; !/" $" &4 : $7" _.kuhfr ds vuq:i visf{kr tksf[ke fjVuZ iSjkehVlZ dks iwjk djus ds assets to meet the required risk-return parameters as per the fy, vkfLr;ksa dh dher yxkus esa yphykiu j[kuk 'kkfey gSA bank's overall strategy and credit policy. ii) Ekk=kRed izdVhdj.k ii) QUANTITATIVE DISCLOSURES [k½ dqy ldy tksf[ke ,Dlikstj b) Total Gross Credit Risk Exposure fooj.k jkf'k ¼djksM+ :- esa½ 31-03-2017 Particulars Amount ( ` in Crores) 31.03.2017 fufèk vkèkkfjr ,Dlikstj 3280.01 Fund Based Exposures 3280.01 fuèkhrj vkèkkfjr ,Dlikstj 94.64 Non-fund Based Exposures 94.64 dqqy ldy _.k ,Dlikstj 3374.65 Total Gross Credit Exposures 3374.65 x½ ,Dlikstjksa dk HkkSxksfyd forj.k% c) Geographic Distribution of Exposures: jkf'k ¼djksM+ :- esa½ Amount ( ` in Crores) ,Dlikstj fufèk vkèkkfjr fuèkhrj vkèkkfjr Exposures Fund Based Non-fund Based ,Dlikstj ,Dlikstj Exposures Exposures ?kjsyw ifjpkyu 3280.01 94.64 Domestic operations 3280.01 94.64 vksojlht ifjpkyu ------Overseas operations ------dqqy 3280.01 94.64 Total 3280.01 94.64 44 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures ?k½ ,Dlikstjksa dk m|ksx ds izdkj ds vuqlkj forj.k% d) Industry Type Distribution of Exposures ¼jkf'k djksM+ esa½@ (` in Crores) dza- la- fufèk vkèkkfjr ¼vo'ks"k½ xSj fufèk vkfLr;ka ¼vo'ks"k½ dqy m|ksx@ Industry S. No. Fund Based (O/s) Non Fund Based (O/S) Total A [kku ,oa [kuu Minning and Quarrying 40.97 0.08 41.05 A.1 dks;yk Coal 0.00 0.00 0.00 A.2 vU; Other 40.97 0.08 41.05 B QwM izkslsflax Food Processing 69.97 0.00 69.97 B.1 phuh Sugar 0.00 0.00 0.00 B.2 [kkus dk rsy vkSj ouLifr Edible Oils and Vanaspati 29.98 0.00 29.98 B.3 pk; Tea 0.01 0.00 0.01 B.4 dkQh Coffee 0.00 0.00 0.00 B.5 vU; Others 39.98 0.00 39.98 C is; inkFkZ Beverages 0.15 0.00 0.15 C.1 rEckdw o rEckdw mRikn Tobacco and Tobacco Products 0.00 0.00 0.00 C.2 vU; Others 0.15 0.00 0.15 D VSDlVkbZy Textiles 44.17 11.16 55.33 D.1 lwrh VSDlVkbZy Cotton Textile 0.54 0.00 0.54 D.2 twV VSDlVkbZy Jute Textile 0.00 0.00 0.00 D.3 gSUMhdzkQ~V@[kknh Handicraft/Khadi 30.63 0.00 30.63 D.4 flYd Silk 0.00 0.00 0.00 D.5 Åuh Woollen 0.00 0.00 0.00 D.6 vU; Others 13.00 11.16 24.16 VSDlVkbZy esa ls fLifuax feyksa dks Out of D to Spinning Mills 0.00 0.00 0.00 E peM+k vkSj peM+s ds mRikn Leather and Leather Products 1.83 0.00 1.83 F ydM+h vkSj ydM+h ds mRikn Wood and Wood Products 1.95 0.00 1.95 G dkxt vkSj dkxt ds mRikn Paper and Paper Products 14.42 0.00 14.42 H iSVªksfy;e Petroleum 0.68 0.00 0.68 I dSfedy vkSj dSfedy mRikn Chemicals and Chemical Products 38.32 0.10 38.42 I.1 QfVZykbZtj Fertilizers 22.39 0.00 22.39 I.2 nokbZ ,oa QkekZL;wfVdy~l Drugs and Pharmaceuticals 1.33 0.10 1.43 I.3 iSVªks &dSfedYl Petro-Chemicals 0.00 0.00 0.00 I.4 vU; Other 14.60 0.00 14.60 J jcM+ IykfLVd vkSj muds mRikn Rubber Plastic and their Products 41.91 0.00 41.91 K dkap ,oa dkap ds mRikn Glass and Glassware 7.70 0.00 7.70 L lhesaV vkSj lhesaV ds mRikn Cement and Cement Products 6.04 0.00 6.04 45 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures dza- la- fufèk vkèkkfjr ¼vo'ks"k½ xSj fufèk vkfLr;ka ¼vo'ks"k½ dqy m|ksx@ Industry S. No. Fund Based (O/s) Non Fund Based (O/S) Total M ewyHkwr èkkrq ,oa èkkrq mRikn Basic Metal and Metal Products 64.34 0.00 64.34 M.1 Ykksgk ,oa bLikr Iron and Steel 38.80 0.00 38.80 M.2 vU; èkkrq ,oa èkkrq mRikn Other Metal and Metal Products 25.54 0.00 25.24 N lHkh bUthfu;fjax All Engineering 111.61 2.01 113.62 N.1 bySDVªksfuDl Electronics 22.59 0.00 22.59 N.2 vU; bUthfu;fjax Other Engg 89.02 2.01 91.03 Okkgu] okgu ds iqtsZ vkSj VªkaliksVZ Vehicle, vehicle parts and Transport O 3.87 0.00 3.87 bfDoieSaV Equipments P jRu ,oa vkHkw"k.k Gems and Jewellery 18.00 0.00 18.00 Q fuekZ.k Construction 20.67 0.00 20.67 R vkèkkjHkwr lqfoèkk,a Infrastructure 412.85 0.00 412.85 R.1 VªkaliksVZ Transport 131.26 0.00 131.26 R.1.1 jsyos Railways 0.00 0.00 0.00 R.1.2 jksMost Roadways 131.26 0.00 131.26 R.1.3 ,fo,'ku Aviation 0.00 0.00 0.00 R.1.4 okVjost Waterways 0.00 0.00 0.00 R.1.5 vU; VªkaliksVZ Others Transport 0.00 0.00 0.00 R.2 ÅtkZ Energy 146.00 0.00 146.00 R.2.1 fo|qr mRiknu&Vªkal&laforj.k Electricity gen-trans-distribution 146.00 0.00 146.00 R.2.1.1 ftlesa ls jkT; fctyh cksMZ Of which state electricity board 0.00 0.00 0.00 R.2.2 rssy Oil 0.00 0.00 0.00 xSl@,y-,u-th-¼Hk.Mkj.k ,oa R.2.3 Gas/LNG(Storage and Pipeline) 0.00 0.00 0.00 ikbiykbZu½ R.2.4 vU; Other 0.00 0.00 0.00 R.3 Lakpkj Telecommunication 100.00 0.00 100.00 R.4 vU; Others 35.59 0.00 35.59 R.4.1 okVj lsfuVs'ku Water Sanitation 0.00 0.00 0.00 vkèkkjHkwr lkekftd ,oa Social and Commercial Infrastruc- R.4.2 0.00 0.00 0.00 okf.kfT;d lqfoèkk,a ture R.4.3 vU; Others 35.59 0.00 35.59 S vU; m|ksx Other Industries 34.02 1.00 35.02 leLr m|ksx ¼ldy½ ALL INDUSTRIES(Total) 933.47 14.35 947.82 vof'k"V vU; vfxze¼mijksDr Residuary other advances 2346.54 80.29 2326.83 esa lfEefyr ugha gS½ (not included above) Lkdy _.k vkSj vfxze !"#$%&!#'%(%)*+#',-. 3280.01 94.64 3374.65 46 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures m|ksxksa dks ml _.k ,Dlikstj tgka cdk;k ,Dlikstj cSad ds lexz ldy _.k ,Dlikstj ds 5 izfr'kr ls vfèkd gS dk fooj.k fuEukuqlkj gS% Credit Exposure of industries where outstanding exposure is more than 5% of the Total Gross Credit Exposure of the Bank is as follows: dz- la- m|ksx dqy ,Dlikstj ¼#i;s djksM+ esa½ dqy _.k ,Dlikstj dk izfr'kr S.No. Industry Total Exposure (in Crores) % of Total Gross Credit Exposure baÝkLVªDpj@ Infrastructure 424.85 12.59% ³½ ifjlEifRr;ksa dk vof'k"V lafonkxr ifjiDork fo'ys"k.k% e) Residual maturity breakdown of assets ¼#i;s djksM+ esa½@ (` in Crores) 5 o"kZ ls 1 2-7 8-14 15-30 31–2 2-3 3-6 6-12 1-3 3-5 tksM+@ fnu@ D fnu@ D fnu@ D fnu@ D eghus@ M eghus@ M eghus@ M o"kZ@ Y o"kZ@ Y o"kZ@ Y vf/kd TOTAL Over 5 Y Hkk-fj-cSa- ds ikl udnh ,oa 'ks"k@ Cash & Balances 24.59 1.96 16.14 6.73 8.29 16.46 35.93 78.85 92.31 2.80 0.79 284.85 with RBI vU; cSadksa ds ikl 'ks"k rFkk ekax ,oa vYi lwpuk ij ns; jkf'k@ Balances with other 132.49 65.00 0.00 0.99 25.00 60.94 329.54 1199.12 49.66 0.00 0.00 1862.74 Banks & Money at call & short notice fuos'k@ Investments 310.19 89.14 74.06 392.13 126.60 110.8 19.67 18.69 164.35 86.11 712.74 2104.48 vfxze@ Advances 39.79 103.04 112.92 247.88 116.36 122 131.26 127.55 1684.78 244.70 277.92 3208.20 fLFkj vkfLr;ka@ Fixed Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 32.72 32.72 vU; vkfLr;ka@ Other Assets 17.80 10.54 0.70 0.74 9.57 9.57 142.00 0.92 0.41 7.05 7.39 206.69 tksM+@ Total 524.86 269.68 203.82 648.47 285.82 319.77 658.40 1425.13 1991.51 340.66 1031.56 7699.68 ¼#i;s djksM+ esa½@ (` in Crores) dz-la- Asset Category Amount S.No. vkfLr Js.kh@ tksM+@ f) ,uih, ¼ldy½ % NPAs (Gross)*: 160.48 voekud Substandard 73.82 lafnXèk 1 Doubtful 1 31.19 lafnXèk 2 Doubtful 2 11.78 lafnXèk 3 Doubtful 3 22.77 gkfudj Loss 20.92 g) 'kq) ,uih, Net NPAs 39.51 h) ,uih, vuqikr NPA Ratios ldy vfxzeksa esa ldy ,uih, Gross NPAs to gross advances (%) 5.01% fuoy vfxze esa fuoy ,uih, Net NPAs to net advances (%) 1.25% i) ,uih, ¼ldy½ esa mrkj&p<+ko Movement of NPA (Gross) izkjafHkd 'ks"k Opening balance 119.37 47 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures dz-la- Asset Category Amount S.No. vkfLr Js.kh@ tksM+@ o`f)+ Additions 85.36 deh Reductions 44.25 vfUre 'ks"k Closing balance 160.48 j) ,uih, ds fy, izkoèkku esa mrkj& p<+ko Movement of provisions for NPAs izkjafHkd 'ks"k Opening balance 89.14 o"kZ ds nksjku fd;k x;k izkoèkku Provisions made during the period 29.52 cV~Vs [kkrs Write offs 0.66 vfrfjDr izkoèkkuksa dks fudky nsuk Write back of excess provisions 0.00 izkoèkkuksa ds chp vUrj.kksa lfgr dksbZ Any other adjustments, including transfers between provisions 0.00 vU; lek;kstu vfUre 'ks"k Closing balance 118.00 vk; fooj.k esa lhèks cqd fd;s x;s jkbV&vkQ 0.66 Write-offs that have been booked directly to the income statement vk; fooj.k esa lhèks cqd fd;s x;h olwfy;ka 0.09 Recoveries that have been booked directly to the income statement k) xSj fu"iknd fuos'k dh jkf'k Amount of Non-Performing Investments 0.00 xSj fu"iknd fuos'k ds fy, fd;s x;s l) Amount of provisions held for non-performing investment 0.00 izkoèkku dh jkf'k fuos'k ij ewY;gzkl gsrq izkoèkkuksa esa m) Movement of provisions for depreciation on investments mrkj&p<+ko izkjafHkd 'ks"k Opening balance 0.00 vofèk ds nkSjku fd;k x;k izkoèkku Provisions made during the period 5.15 cÍs [kkrs Write-off 0.00 vfrfjDr izkoèkkuksa dks fudky nsuk Write back of excess provisions 0.00 vfUre 'ks"k Closing balance 5.15 n) eq[; m|ksx }kjk ;k izfri{kdkj izdkj% By major industry or counter type ,uih, jkf'k@ Amount of NPAs izkoèkku@ Provision 5 'kh"kZ m|ksx Top 5 Industries 31.71 21.31 o) HkkSxksfyd {ks=okj fo'ys"k.k Geographic-wise breakup ldy ,uih,@ Gross NPA* izko/kku@ Provision ?kjsyw Domestic 160.48 118.00 ¼*mijksDr jkf'k esa baVjsLV lLisal dk 3-79 djksM+ 'kkfey ugha gS½ (*Amount is net of interest suspense i.e. 3.79 cr.) 48 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures lkj.kh Mh,Q&4% _.k tksf[ke% ekudhÑr n`f"Vdks.k ds Table DF-4: Credit Risk Disclosures for portfolios vèkhu lafoHkkxksa ds fy, izdVhdj.k subject to Standardised Approach i) Xkq.kkRed izdVhdj.k% i) Qualitative Disclosures d½ ekudhÑr n`f"Vdks.k ds vèkhu lafoHkkxksa ds fy,% a) For portfolios under the Standardised Approach: cSad us fuEufyf[kr _.k ik=rk ,tsfUl;ksa dks _.k ik=rk fuèkkZj.k The Bank has recognized following credit rating agencies for vkSj ekudhÑr n`f"Vdks.k ds vkèkhu iwath izHkkx dh x.kuk ds fy, vkSj the purpose of rating of an exposure & assigning risk weights tksf[ke Hkkj fuèkkfjr djus ds fy, fuEufyf[kr _.k ik=rk fuèkkZj.k for computation of capital charge under standardized approach. lfefr;ksa dks Lohdkj fd;k gS& ?kjsyw _.k ik=rk fuèkkZj.k lfefr;ka& Domestic credit rating agencies : ! dszfMV ,ukfylst ,.M fjlpZ fyfeVsM (CARE) ! Credit Analysis & Research Limited (CARE), ! fdzfly fyfeVsM ! CRISIL Limited, ! bdjk fyfeVsM ! ICRA Limited, ! bf.M;k jsfVax¼iwoZ esa fQp bf.M;k½ ! India Ratings (Formerly FITCH India) ! fczd odZ ! Brickwork ! ,l,ebZvkj, ! SMERA ,Dlikstjksa ds izdkj ftuds fy, izR;sd ,tsUlh dk mi;ksx fd;k Types of exposure for which each agency is used: x;k% mijksDr lHkh ,tsfUl;kas dks lHkh izdkj ds ,Dlikstj ds ik=rk fuèkkZj.k All the above agencies are recognized for rating all types of ds fy, Lohdkj fd;k gSA exposures. lkoZtfud fuxZe ik=rk fuèkkZj.kksa dks cSafdax cgh esa rqyuh; A description of the process used to transfer public issue ifjlaifRr;ksa ij varfjr djus gsrq iz;qDr izfdz;k dk o.kZu% ratings onto comparable assets in the banking books: ! cSad mu vkfLr;ksa ftudh ifjiDork vofèk 1 o"kZ rd gS y?kq vofèk ! Bank has used short term ratings for assets with maturity up dh ik=rk fuèkkZj.k rFkk mu vkfLr;ksa ds fy, ftudh ifjiDork to one year and long term ratings for assets maturing after 1 o"kZ ds ckn gS nh?kZ vofèk dh _.k ik=rk fuèkkZj.k Hkk-fj-cSa- }kjk one year as accorded by the approved external credit rating vuqeksfnr ckg~; _.k ik=rk fuèkkZj.k ,tsfUl;ksa dh jsfVax dks Lohdkj agencies. djrk gSA ! cSad us ,d _.k ik=rk fuèkkZj.k ,tsUlh dh ,d ,Dlikstj ds fy, ! Bank has not used one rating of a CRA (Credit Rating _.k ik=rk fuèkkZj.k vkSj nwljh _.k ik=rk fuèkkZj.k ,tsUlh dh Agency) for one exposure and another CRA's rating for an- nwljs ,Dlikstj mlh dkmUVj ikVhZ ds nwljs ,Dlikstj dks rc rd other exposure on the same counterparty unless only one Lohdkj ugha fd;k gS tc rd fd fn, x, ,Dlikstj ds fy, ,d rating is available for given exposure. _.k ik=rk fuèkkZj.k u miyCèk gksA ! #- 50 djksM+ ls vfèkd dh jkf'k ckg~; jsfVxa ds v/khu gSA ! Amount above ` 50 Crores are subject to external rating. ! cSad us vuqeksfnr _.k ik=rk fuèkkZj.k ,tsfUl;ksa ls dsoy ekaxh xbZ ! Bank has used only solicited rating from the recognized fuèkkZfjr nj dks Lohdkj fd;k gSA CRAs. ii) Ekk=kRed izdVhdj.k% ii) Quantitative Disclosures [k½ ekudhÑr n`f"Vdks.k ds vèkhu tksf[ke de djus ds ckn b) Amount of the Bank's Exposures- Gross Advances ,Dlikstj dh jkf'k;ksa ds fy,] fuEufyf[kr rhu izeq[k tksf[ke /0#"-*% (% 1'2#"-*3% 4'% 5#6!2% 04.7% 89,7-".% :9'*-2% lewagksa esa cSad dh cdk;k ¼ik=rk fuèkkZj.k fd, rFkk ik=rk Standardized Approach, after factoring Risk Mitigants fuèkkZj.k u fd,½ jkf'k rFkk os ftudh dVkSrh dh x;h gS % (i.e. Collaterals): 49 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures ,Dlikstj dh jkf'k ftlesa xSj fufèk vkèkkfjr Hkh lfEefyr gS ekudhÑr The amount of exposure including non-fund based after risk n`f"Vdks.k ¼nj fuèkkZfjr ;k fcuk nj fuèkkZfjr½ ds vkèkhu tksf[ke U;wuhdj.k mitigation subject to Standardized Approach (rated and unrated) ds ckn rhu cM+s tksf[ke lewgksa esa fuEukuqlkj gS % in the following three major risk buckets are as under: ¼jkf'k djksM+ #i;s esa½ Amount ( ` in Crores) Ø- fufèk vkèkkfjr fuèkhrj vkèkkfjr S. Fund Based Non–Fund Based fooj.k Particulars la- 31-03-2017 31-03-2017 No. 31.03.2017 31.03.2017 1 100 % tksf[ke Hkkj ls de 1564.68 0.00 1 Below 100 % risk weight 1564.68 0.00 2 100 % tksf[ke Hkkj 1138.71 62.46 2 100 % risk weight 1138.71 62.46 3 100 % tksf[ke Hkkj ls vfèkd 255.35 0.00 3 More than 100 % risk weight 255.35 0.00 4 dqy lhvkj,e dVkSrh 321.27 32.18 4 Total CRM Deducted 321.27 32.18 5 dqy ,Dlikstj 3280.01 94.64 5 Total Exposure 3280.01 94.64 lkj.kh Mh,Q&5 % _.k tksf[ke de djuk % ekudhÑr Table DF-5: Credit Risk Mitigation: Disclosures for n`f"Vdks.k ds fy, izdVhdj.k Standardized Approaches i) Xkq.kkRed izdVhdj.k i) Qualitative Disclosures cSad dh funs'kd e.My }kjk vuqeksfnr laikf'Zod uhfr gS ftlesa Policies and processes for collateral valuation and management : The Bank is having a Board approved collateral izfdz;k] mís';] laikf'Zod ds LohÑr izdkjksa vkSj #ijs[kk ftuesa management policy which lays down the process, objectives, izHkkoiw.kZ laikf'Zod izcaèku ds fy, mfpr izcUèku lwpuk O;oLFkk lfEefyr accepted types of collaterals and the framework including gS fufgr gSA laikf'Zod vkSj xkjfUV;ksa dks mfpr rjhds ls fy;k x;k vkSj suitable management information system for effective collateral fuEufyf[kr ds fy, fu;ksftr fd;k x;k gS%& management, The Collaterals and guarantees properly taken and managed that would serve to: ! visf{kr udnh izokg dh vi;kZIrrk gksus vFkok u gksus ds dkj.k@_.k ! mitigate the risk by providing secondary source of repayment lqfoèkk esa mèkkjdrkZ dh pwd gksus ij iquHkqZxrku ds xkS.k lzksr dks in the event of borrower's default on a credit facility due to miyCèk djkds tksf[ke dks de djuk( $'(*G+':/" $"*-&*:!*(":'#)"\%="%4"$%!I ! pwd gksus ij iquHkZqxrku ds lzksr ij fu;U=.k izkIr djuk( ! gain control on the source of repayment in the event of default; ! mèkkjdrkZ dh Hkqxrku {kerk ds {kj.k ij igys gh psrkouh nsuk( ! provide early warning of a borrower's deteriorating repayment ability; and ! tksf[ke Hkkfjr vkfLr;ksa dks le{k j[kuk vksj cps gq, tksf[keksa esa ! Optimize risk weighted assets and to address Residual Ik;kZIr #i ls deh ykukA Risks adequately. cSad vius ,Dlikstjksa esa _.k tksf[keksa dks de djus ds fy;s vusd Bank uses a number of techniques to mitigate the credit risks rduhdksa dk mi;ksx dj jgk gSA cSad dh laikf'Zod izcaèku izfdz;k vkSj to which it is exposed. Collateral Management process and cSad dk O;ogkj lewps dk;Zdykiksa ftuesa laikf'Zod ewY;ksa dh lqj{kk practices of the Bank cover the entire activities comprising vkSj laj{k.k] laikf'Zodksa vkSj xkjafV;ksa dh oSèkrk vksj ewY;kadu@vkofèkd security and protection of collateral value, validity of collaterals and guarantees, and valuation /periodical inspection. fujh{k.k lfEefyr gS dks vkosf"Vr djrh gSA ewY;kadu VALUATION cSad }kjk fn;s x;s _.kksa dh lqj{kk ds fy;s izkIr dh xbZ vkfLr;ka cSad ds Assets obtained to secure the loans granted by the Bank are iSuy esa j[ks x;s oSY;wvlZ }kjk fd;s x;s ewY;kadu ds vkèkhu gSaA [kkrksa subjected to valuation by valuers empanelled by the Bank. dh ekSfnzd lhek,a] mèkkjdrkZ dh vkfLr;ksa dk oxhZdj.k tks ewY;kadu ds J%$*!'4/" ; 6 !#" %5" !)*" '::%+$!#<" '##*!" :;'## [:'! %$" %5" !)*" vkèkhu gS] ewY;kadu dh vkofèkdrk cSad dh uhfr fn'kk funsZ'k ¼ikfylh borrower, which is to be subjected to valuation, periodicity of xkbMykbUl½ esa fn;s x, gSaA valuation, are prescribed in the Banks' policy guidelines. Bank reviews the guidelines on valuation periodically. 50 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures cSad }kjk yh xbZ laikf'Zod ds eq[; izdkjksa dk o.kZu DESCRIPTION OF THE MAIN TYPES OF COLLATERAL TAKEN BY THE BANK tksf[ke ds U;wuhdj.k ds fy, cSad }kjk lekU;r% iz;ksx esa ykbZ xbZ The collateral commonly used by the Bank as risk mitigants laikf'Zod vLrh;k¡ % comprises of 1- LVkWd] py e'khujh bR;kfn tSlh py vkfLr;k¡A 1. Moveable assets like stocks, moveable machinery etc. 2- Hkwfe] Hkou] IykaV rFkk e'khujh tSlh vpy vkfLr;k¡A 2. Immoveable assets like land, building, plant & machinery. 3- cSad dh LokfèkÑr tekjkf'k;k¡A 3. Bank's own deposits 4- jk"Vªh; cpr izek.ki=] bafnjk fodkl i=] fdlku fodkl i=] 4. NSCs, IVPs, KVPs, Govt. Bonds, RBI Bonds, LIC policies, ljdkj ,oa Hkk-fj-cS- }kjk tkjh ck.M] ,yvkblh ikWfyfl;k¡ bR;kfnA etc. 5. Cash Margin against Non-fund based facilities 5- xSj fufèk vkèkkfjr lqfoèkkvksa ds isVs udnh ekftZuA 6. Gold Jewellery 6- Lo.kZ vkHkw"k.kA 7. Shares as per approved list 7- vuqeksfnr lwph ds vuqlkj 'ks;jA cSad dks izHkkfjr izfrHkwfr;ksa ds ewY;kadu ds lEcUèk esa cSad us lqLi"V uhfr The bank has well-laid out policy on valuation of securities rS;kj dh gSA cSad us Åij Øe la[;k 3 ls 6 ij mfYyf[kr izfrHkwfr;ksa charged to the bank. The Bank has applied securities mentioned dks _.k tksf[ke deh dkjd ds :i esa fy;k gSA at sr.no.3 to 6 above as Credit Risk Mitigants. xkajVhdrkZ dkmaVj ikVhZ ds eq[; izdkj vkSj mudh Main types of Guarantor counterparty and their fo'oluh;rk% creditworthiness: cSad ds _.k tksf[ke ds fo:) xkjaVjksa ds izeq[k izdkj fuEukuqlkj The main types of guarantors against the credit risk of the gS % bank are : Individuals (Personal guarantees) oS;fDrd ¼O;fDrxr xkjafV;k½ Corporate dkiksZjsV~l Central Government dsUnzh; ljdkj jkT; ljdkj State Government lhthVh,e,lbZZ ! CGTMSE lhvkj,e laikf'oZd izfrHkwfr izeq[kr% cSad dh Lo;a dh tek jkf'k;ksa] CRM collaterals are mostly available in Loans Against Bank's Own Deposit and Loans against Government Securities, LIC ljdkjh izfrHkwfr;ksa vkSj ,yvkbZlh ikWfyfl;ksa ds isVs _.kksa esa miyCèk gSaA Policies/ Shares. lhvkj,e izfrHkwfr;ka] xSj fufèk vkèkkfjr lqfoèkkvksa tSls xkjafV;ksa vkSj CRM securities are also taken in non fund based facilities like _.k&i=ksa esa Hkh yh tkrh gSaA Guarantees and Letters of Credit. ubZ iwath dh Ik;kZIrrk dh #ijs[kk ds vUrxZr iwath dh vko';drk Credit Risk Mitigation recognized by the Bank for the de djus ds fy, cSad }kjk viuk, x, _.k tksf[ke de djus purpose of reducing capital requirement under New Capital okys mik;% Adequacy Framework cSad us ubZ iwath dh Ik;kZIrrk dh #ijs[kk ds vUrxZr iwath dh vko';drk The Bank has recognized Cash, Bank's own Deposits, Gold de djus ds fy, udnh] cSad dh futh tekjkf'k] Lo.kZ vkSj lksus ds & Gold Jewellery as Credit Risk Mitigations for the purpose of tsoj dks Lohdkj fd;kA reducing capital requirement under the New Capital Adequacy Framework. 51 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures ii) Ekk=kRed izdVhdj.k ii) Quantitative Disclosures ¼djksM+ #i;s esa½ Amount ( ` in Crores) Øa la- fooj.k 31-03-2017 S. No. PARTICULARS 31.03.2017 ¼[k½ vyx ls izdV fd;s x, izR;sd _.k tksf[ke 353.21 (b) The total exposure (after, where applicable, 353.21 iksVZQksfy;ks ds fy, dqy ,Dlikstj ¼tgka ykxw gks on- or off balance sheet netting) that is cov- ogka rqyu i= ;k rqyu i=srj usfVax ds ckn½ ftls *4*(" ./" *; 7 .;*" [$'$: ';" :%;;'!*4';" '5!*4" !)*" gs;jdV ykxw djus ds ckn ik= foRrh; laikf'Zod application of haircuts for each separately dis- }kjk fd;k x;k gksA closed credit risk portfolio. ¼x½ vyx ls izdV fd;s x;s izR;sd iksVZQksfy;ks ds fy, ---- (c) The total exposure (after, where applicable, ---- dqy ,Dlikstj ¼tgka ykxw gks ogka rqyu i= ;k on- or off balance sheet netting) that is cov- rqyu i=srj usfVax ds ckn½ tks xkjaVh@_.k Msfjos- ered by guarantees/credit derivatives (when- fVo ¼tgka Hkkjrh; fjtoZ cSad dh fofufnZ"V vuqefr *B*4" #&*: [:';;/" &*46 !!*(" ./" C9AK" 5%4" *':)" gks½ }kjk doj gksA separately disclosed portfolio lkj.kh Mh,Q&6 % izfrHkwfrdj.k ,Dlikstj % ekudhÑr Table DF-6: Securitization Exposures: Disclosures fofèk ds fy, izdVhdj.k for Standardized Approach i) Qualitative disclosures i) Xkq.kkRed izdVhdj.k The policy guidelines do not undertake any securitization uhfr lacaèkh fn'kk&funsZ'k fdlh izfrHkwfrdj.k ,Dlikstj dks xzg.k ugha exposures. djrhA ii) Quantitative Disclosures ii) Ekk=kRed izdVhdj.k % Banking Book cSafdax cgh Øa- la- fooj.k 31-03-2017 S.No. Particulars 31.03.2017 'kwU; NIL VªsfMax cgh% Trading Book Øa- la- fooj.k 31-03-2017 S.No. Particulars 31.03.2017 'kwU; NIL cSad ds ikl 31&03&2017 dks izfrHkwfrÑr vkfLr dk dksbZ ekeyk ugha gSA The bank does not have any case of its assets securitised as on 31.03.2017. lkj.kh Mh,Q&7 % VsªfMax cgh esa cktkj tksf[ke% Table DF-7: Market Risk in Trading Book i) Xkq.kkRed izdVhdj.k i) Qualitative Disclosures cSad] cktkj tksf[ke dks ,slh laHkkO; gkfu esa oxhZÑr djrk gS tks cktkj >)*"9'$0"(*[$*#"6'40*!"4 #0"'#"&%!*$! ';";%##"!)'!"!)*"9'$0"6'/" ewY;ksa esa izfrdwy ifjfLFkfr;ksa ds dkj.k gks ldrh gSA incur due to adverse developments in market prices. cSad us Hkkjrh; fjtoZ cSad ds fn'kk&funsZ'kksa ds vuqlkj O;olk; lafoHkkx Bank has put in place a proper system for calculating capital ij cktkj tksf[ke ls lacafèkr iwath izHkkj dh x.kuk djus ds fy, charge on Market Risk on Trading Portfolio as per RBI ekudhÑr vofèk n`f"Vdks.k uked ,d leqfpr i)fr cukbZ gSA bl Guidelines, viz., Standardised Duration Approach. The capital izdkj vkadfyr iwath izHkkj dks tksf[ke Hkkfjr vkfLr;ksa esa :ikarfjr fd;k charge thus calculated is converted into Risk Weighted Assets. x;k gSA _.k tksf[ke ds fy, ldy tksf[ke Hkkfjr vkfLr;ksa] cktkj The aggregated Risk Weighted Assets for credit risk, market risk tksf[ke vkSj ifjpkyu tksf[ke dks lhvkj,vkj dk fuèkkZj.k djus ds fy, and operational risk are taken in to consideration for arriving at fglkc esa fy;k tkrk gSA the CRAR. lEcfUèkr tksf[ke izcUèku ds dk;Z dh lajpuk vkSj laxBu% cSad dh cktkj The structure and organization of the relevant risk management tksf[ke izcUèku lajpuk fuEukuqlkj gS& function: The Market Risk Management Structure in the Bank is as under: 52 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures ! ! funs'kd e.My ! ! Board of Directors ! ! funs'kd e.My dh izcUèku lfefr ! ! Management Committee of the Board (MCB) ! ! ,,y,e desVh ! ! ALM Committee ! ! Risk Management Committee ! ! Tkksf[ke izcUèku lfefr ii) Quantitative Disclosures ii) Ekk=kRed izdVhdj.k% ¼djksM+ #i;s esa½ (` in Crore) Øa- iwath dh vko';drk dh jkf'k S. Amount of capital requirement fooj.k Particulars la- 31-03-2017 No. 31.03.2017 d C;kt nj tksf[ke 25.86 (a) Interest Rate Risk 25.86 [k bfDoVh fLFkfr ij tksf[ke 60.36 (b) Equity Position Risk 60.36 x fons'kh eqnzk tksf[ke ---- (c) Foreign Exchange Risk ---- lkj.kh Mh,Q&8 % ifjpkyu tksf[ke Table DF-8: Operational Risk i) Xkq.kkRed izdVhdj.k i) Qualitative Disclosures dk;Z ;kstuk,a ,oa izfdz;k,a% Strategies and processes : cSad dh ifjpkyu tksf[ke izcUèku izfdz;k ,d etcwr laxBukRed laLÑfr The Operational Risk Management process of the Bank is vkSj etcwr ifjpkyu izfdz;k] ftlesa dkjiksjsV ewY;] joS;k] l{kerk] driven by a strong organizational culture and sound operating procedures, involving corporate values, attitudes, competencies, vkarfjd fu;a=.k laLÑfr] izHkkoh vkarfjd fjiksfVZax vkSj vfuf'pr ;kstuk internal control culture, effective internal reporting and lfEefyr gSa }kjk lapkfyr gSA cSad esa ifjpkyu tksf[ke dss izHkkoh izcUèku contingency planning. Policies are put in place for effective ds fy, uhfr;ka cukbZ xbZ gSA management of Operational Risk in the Bank. lEcfUèkr tksf[ke izcUèku dk;ksaZ dh lajpuk vkSj laxBu% The structure and organization of the relevant risk management function The Operational Risk Management Structure in the Bank is as cSad esa ifjpkyu tksf[ke izcUèku lajpuk fuEukuqlkj gS& under: ! funs'kd e.My ! Board of Directors ! funs'kd e.My dh izcUèku lfefr ! Management Committee of the Board (MCB) ! vkfLr izcUèku ns;rk lfefr ! Asset Management Liability Committee ! tksf[ke izcUèku lfefr ! Risk Management Committee tksf[ke fjiksfVZax vkSj@;k ekius dh O;oLFkk dk {ks= vkSj LoHkko% The scope and nature of risk reporting and/or measurement systems tksf[ke fjiksfVZax esa 'kk[kk@dk;kZy; esa yksxksa] izfdz;k] rduhdh vkSj The Risk reporting consists of operational risk loss incidents/ ckg~; ?kVukvksa ls lEcfUèkr ifjpkyu tksf[ke ?kkVs dh ?kVuk,a lfEefyr *B*$!#"%::+44*(" $".4'$:)*#L%5[:*#"4*;'! $7"!%"&*%&;*<"&4%:*##<" gSA technology and external events. tksf[ke dks de djus vkSj@;k ls cpko djus dh uhfr rFkk de Policies for hedging and/or mitigating risk and strategies djus@cpko djus okyksa dh lrr~ izHkko'khyrk dh fuxjkuh ds and processes for monitoring the continuing effectiveness of hedges/mitigants fy, izfdz;k,a% Bank has put in place policies for management of Operational cSad us ifjpkyu tksf[ke izcUèku ds fy, uhfr;ka cukbZ gSA uhfr dh #i Risk management. The policy framework contains various js[kk esa ifjpkyu tksf[ke izcUèku tSls& fpUghdj.k] izcUèku] ifjpkyu '#&*:!#"%5"M&*4'! %$';"4 #0"6'$'7*6*$!"#+:)"'#" (*$! [:'! %$<" tksf[ke {ks=ksa dh fuxjkuh vkSj vYihdj.k ds fofHkUu igyw fufgr gSaA management, monitoring & mitigation of Operational risk areas. dk;Zdykiksa dh vkmVlksflZax esa fufgr tksf[ke dks de djus ds fy, cSad In order to address risks involved in Outsourcing of activities, us vkmVlksflZax tksf[ke izcUèku ds fy, uhfr;ka cukbZ gSaA bank has put in place policies for management of Outsourcing Risk. 53 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures ifjpkyuxr tksf[ke iwwath dk vkdyu% Operational Risk capital assessment cSad us ifjpkyu tksf[ke gsrq iwath vko';drkvksa dk vkdyu djus ds The Bank has adopted Basic Indicator Approach for calculating fy;s vkèkkjewy lwpd i|fr viuk;h gSA capital charge for Operational Risk. ii) Xkq.kkRed izdVhdj.k% ii) Quantitative Disclosures 31-03-2017 dks ifjpkyu tksf[ke ds fy;s #- 32-84 djksM+ dk iwath izHkkj Capital charge for operational Risk as on 31.03.2017 was jgk vkSj ifjpkyu tksf[ke ds fy;s #- 410-46 djksM+ dh tksf[ke Hkkfjr ` 32.84 Cr. And Risk Weighted Assets for Operational Risk as on vkfLr;ka jghaA 31.03.2017 was `410.46 Cr. lkj.kh Mh,Q&9 % cSafdax cgh esa C;kt nj tksf[ke Table DF-9: Interest Rate Risk in the Banking Book ¼vkbvkjvkjchch½ (IRRBB) i) Xkq.kkRed izdVhdj.k% i) Qualitative Disclosures cSafdax cgh esa C;kt nj tksf[ke ¼vkbvkjvkjchch½ Interest Rate Risk in Banking Book (IRRBB) C;kt nj tksf[ke og tksf[ke gS tgka cktkj C;kt nj esa ifjorZu Interest rate risk is the risk where changes in market interest !"#$%!&&#'"%!%(!)*+$%[)!)'-!.%/0$-"-0)1%2$%"3#%(!)*%30.4$% !"#% cSad dh foRrh; fLFkfr dks izHkkfor djrk gSA pwafd cSad dk rqyu i= sensitive on and off balance-sheets items of different maturity/ fofHkUu ifjiDork@iqu% dher] djSUlh] cktkj ,oa cSapekdZ njksa ds izfr repricing, currencies, markets and benchmark rates, and any laosnu'khy gksrk gS vkSj bu ekudksa esa dksbZ foijhr ?kV&c<+ cSad dks adverse movement in these parameters exposes bank to interest C;kt nj tksf[ke esa Mky nsrh gSA cSad dh cfg;ksa esa C;kt nj tksf[ke rate risk. Interest Rate Risk in Banking Book (IRRBB) reveals cSad dh vk; ij ¼y?kq vofèk dk izHkko½ vkSj 'kq) lEifRr ¼nh?kZ vofèk the impact on bank's earnings (short-term impact) and net worth izHkko½ dks n'kkZrk gSAC;kt nj esa foijhr mrkj&p<+ko ds dkj.k bldk (long-term impact) due to adverse movement of interest rates ekiu ekfld vkèkkj ij fd;k tkrk gSA and is measured on a monthly basis. laxBukRed #ijs[kk% Organizational Framework cSad dh vkfLr ns;rk izcUèku lfefr¼,Ydks½] funs'kd e.My@ tksf[ke Asset Liability Management Committee (ALCO) of the Bank izcUèku lfefr }kjk LFkkfir tksf[ke lgu'khyrk ds vuqlkj fodkl] vk; is responsible for developing, implementing and managing nj izcUèku dk;Z;kstuk ds dk;kZUo;u vkSj izcUèku ds izfr mRrnk;h gSA interest rate risk management strategy as per the risk tolerance established by the Board of Directors/Risk Management Committee. dk;Z;kstuk vkSj izfdz;k,a% Strategies and Processes cSad mfpr ifjiDork feyku ds lkFk viuh mu vkfLr;ksa vkSj ns;rkvksa The Bank strives to match the price of its assets and liabilities dh dherksa ds feyku ds fy;s iz;kl djrk gS tks vyx&vyx le; coupled with proper maturity matching in-order to reduce the gap esa ifjiDo gks jgh gsSa ;k ftudh iqu% dher yxk;h tk jgh gS ds fy;s in different time buckets which are maturing or getting repriced. iz;kl djrk gS rkfd mudh le; Js.kh ds vUrj dks de fd;k tk ldsA For measurement and management of interest rate risk, Bank vkfLr;ksa] ns;rkvksa vkSj rqyui= ds enksa tks njksa ds izfr laosnu'khy gS adopts both the Traditional Gap Analysis (TGA) and the Duration Gap Analysis (DGA) to its domestic position of assets, liabilities dh ?kjsyw fLFkfr ds C;kt nj tksf[ke dks ekius vkSj mlds izcUèku ds and off-balance sheet items, which are rate sensitive. fy, cSad ikjaifjd vUrj ¼vYikofèk½ fo'ys"k.k vkSj M~;wjs'ku xSi fo'ys"k.k nksuksa dks xzg.k dj jgk gSA C;kt nj tksf[ke iqu% dher yxkus] izkfIr js[kk esa ifjorZu vkSj vkèkkj The interest rate risk arises on account of re-pricing, yield curve tksf[ke dss dkj.k mRiUu gksrk gSA cSad dk y{; bu tksf[keksa tks change, basis risk. The Bank aims at capturing these risks ifjiDork vkSj iqu% dher yxkus ds xyr feyku dh otg ls mRiUu arising from the maturity and re-pricing mismatches both from gksrs gSa dks vk; vkSj vkfFkZd ewY; ds ifjis{k esa fuEufyf[kr rjdhcksa dk earnings perspective and economic value perspective using techniques viz., iz;ksx djrs gq, jksduk gSA 1- varj fo'ys"k.k% C;kt nj tksf[ke dks ekius dk ewyHkwr gfFk;kj 1. Gap Analysis: The basic tool for measuring interest rate C;kt nj laosnu'khyrk fooj.kh dks njksa ds izfr laosnu'khy vkfLr;ksa risk is preparation of Interest Rate Sensitivity Statement (IRS) by grouping various items of Rate Sensitive Assets vkSj njksa ds izfr laosnu'khy nkf;Roksa vkSj rqyui= ds vyx&vyx 54 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures le; Js.kh ds fofHkUu enksa dks lewghÑr djds cph gqbZ ifjiDork (RSA) and Rate Sensitive Liabilities (RSL) and off balance- ds vuqlkj ;k vxyh iqu% dher yxkus tks igys gks fooj.kh cukuk sheet items into different time buckets according to the vkSj 'kq) vUrj ij igqapuk gSA residual maturity or next re-pricing, whichever is earlier and arriving at the net gap (i.e., RSA - RSL). ,d ldkjkRed ;k vkfLr laosnu'khy varj dk eryc gS cktkj esa A positive or asset sensitive Gap means that an increase in C;kt nj esa o`f) ftlds ifj.kke Lo#i 'kq) C;kt vk; esa o`f)A market interest rates result in an increase in NII. Conversely, ,d udkjkRed ;k ns;rk ds izfr laosnu'khy varj ;g lwfpr djrk a negative or liability sensitive Gap implies that the Bank's gS fd cktkj C;kt njksa esa o`f) ds ifj.kke Lo#i cSad dh 'kq) C;kt NII could decline as a result of increase in market interest vk; esa deh vk jgh gSA rates. 2- tksf[ke ls vk;% tksf[ke ls vk; lwfpr djrh gS fd D;k cSad bl 2. Earnings at Risk (EaR): Earnings at Risk (EaR) indicates fLFkfr esa gS fd og ldkjkRed varj gksus ds dkj.k C;kt nj esa 53#"3# % "3#% (!)*% -$% -)% !% /0$-"-0)% "0% (#)#["% (6% "3#% -$#% -)% o`f) ls ykHk dek lds ;k udkjkRed varj gksus ds dkj.k C;kt nj -)"# #$"% !"#% (6% 3!7-)8% /0$-"-7#% 8!/% 0 % (#)#["$% (6% &!..% in interest rate by having a negative gap. The impact of esa deh ls ykHk dek ldsA C;kt nj esa lekukUrj f'kQ~V ds dkj.k repricing risk on the earnings due to the parallel shift in vk; ij iqu%dher yxkus ds tksf[ke dk izHkko dk fofHkUu nj lewgksa interest rate is assessed for different rate shocks. Impact on ij vkdyu fd;k tkrk gSA the earnings is also estimated for yield curve change and basis risk. 3- bfDoVh dk cktkj ewY;% Cknyrh gqbZ C;kt nj dk nh?kZ vofèk 3. Market Value of Equity (MVE): A long-term impact of izHkko cSad dh bfDoVh ds cktkj ewY; ;k 'kq) lEifRr ¼usV oFkZ½ ij changing interest rates is on bank's Market Value of Equity gksrk gS D;ksafd cSad dh vkfLr;ksa dk vkfFkZd ewY;] ns;rk,a vkSj rqyu (MVE) or Net-worth as the economic value of bank's assets, i= dh fLFkfr cktkj C;kt njksa esa ifjorZu ds dkj.k izHkkfor gksrs liabilities and off balance sheet positions get affected due gSaA lewps cSad esa laosnu'khy ifjfLFkfr;ksa esa C;kt nj esa ifjorZu to variation in market interest rates. The estimated drop in the Market Value of Equity (MVE) as a result of prescribed ls fuèkkZfjr jsV&'kkd ds ifj.kke Lo#i bfDoVh ds cktkj ewY; esa rate shock is estimated by the Duration Gap Analysis (DGA) vkdfyr deh vofèk vUrj fo'ys"k.k ¼Mh-th-,-½ }kjk vuqekfur gSA arising from changes in the value of interest rate sensitive positions across the whole Bank. ii) Ekk=kRed izdVhdj.k% ii) Quantitative Disclosures vk; Tkksf[ke ¼ijEijkxr vUrj fo'ys"k.k½¼y?kq vofèk½% Earning at Risk (Traditional Gap Analysis) (Short Term): cSad dh 'kq) C;kt vk; ij C;kt nj esa ifjorZu ds Rofjr izHkko dk The immediate impact of the changes in the interest rates on fo'ys"k.k blds }kjk fd;k tkrk gSA ?kjsyq ifjpkyu ds fy;s tksf[ke ls net interest income of the bank is analyzed under this approach. vk; dk fo'ys"k.k fofHkUu ifjn`';ksa ds vUrxZr fuEukuqlkj fd;k tkrk The Earning at Risk is analyzed under different scenarios for gSA domestic operations as under: ! izkfIr js[kk¼doZ½ tksf[ke% vkfLr vkSj ns;rkvksa ds fy;s 1 izfr'kr dk ! Yield curve risk: A parallel shift of 1% is assumed for assets lekukUrj ifjorZu ¼f'kQ~V½ eku fy;k x;k gSA as well as liabilities. ! vkfLr;ksa ds fy;s lewgokj fofHkUu izkfIr ifjorZuksa dks eku fy;k x;k ! Bucket wise different yield changes are assumed for the gS vkSj ;gh ckr ns;rkvksa ds fy;s Hkh ykxw gksrh gSA assets and the same are applied to the liabilities as well. ¼:- djksM+ esa½ (` in Crores) &100 chih,l 100 chih,l -100 bps 100 bps vk; ij tksf[ke Earning at Risk -20.20 20.20 -20.20 20.20 55 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures bfDoVh dk vkfFkZd ewY; ¼vofèk vUrj fo'ys"k.k½¼nh?kZ vofèk½ Economic Value of Equity (Duration Gap Analysis) (Long term) ! bfDoVh dk vkfFkZd ewY; vkfLr;ksa vkSj ns;rkvksa dh la'kksfèkr vofèk dh x.kuk djds fd;k x;k gS rkfd bfDoVh dh la'kksfèkr vofèk rd ! Econo 9-'% :!.;#% 0&% <=;-"6% -$% 40)#% (6% '!.';.!"-)8% 904-[#4% 4; !"-0)%0&%!$$#"$%!)4%"3#%.-!(-.-"-#$%"0%! -7#%!"%"3#%904-[#4% igqapk tk ldsA ?kjsyw ifjpkyu ds fy;s bfDoVh ds vkfFkZd ewY; duration of equity. Impact on the Economic Value of Equity ij izHkko dh leh{kk 200 chih,l jsV 'kkWd ds fy;s vofèk vUrj is analyzed for a 200 bps rate shock at monthly intervals for fo'ys"k.k fofèk ds ekè;e ls ekfld vkèkkj ij dh tkrh gSA domestic operations through Duration Gap Method. &200 chih,l 200 chih,l -200 bps 200 bps bfDoVh ds vkfFkZd ewY; esa ifjorZu Change in Economic Value of Equity 4.89% (-)4.89% 4.89% (-)4.89% lkj.kh Mh,Q&10 % izfri{kdkj _.k tksf[ke ls lacafèkr Table DF-10: General Disclosures for exposures ,Dlikstjksa ds fy, lkekU; izdVhdj.k related to Counterparty Credit Risk i) Xkq.kkRed izdVhdj.k i) Qualitative Disclosures izfri{kh _.k tksf[ke mls dgk tkrk gS ftlesa izfri{kh udnh izokg ds >0;)"# /! "6% > #4-"% ?-$*% -$% 4#[)#4% !$% "3#% -$*% "3!"% "3#% Qkbuy fuiVku ls igys viuk laO;ogkj iwjk dj ysrk gSA ;g MsjhosfVo counterparty to a transaction could default before the [)!.% $#"".#9#)"% 0&% "3#% " !)$!'"-0)+$% '!$3% \05$% !)4% -$% "3#% rFkk izfrHkwfr foRriks"k.k laO;ogkj ds fy, tksf[ke dk izeq[k lzksr gSA blh / -9! 6% $0; '#% 0&% -$*% &0 % 4# -7!"-7#$% !)4% $#'; -"-#$% [)!)'-)8% izdkj yksu ds ekè;e ls _.k tksf[ke dss lacaèk esa cSad dk ,Dlikstj ds transactions. Unlike a Bank's exposure to credit risk through a leku gh tgka _.k tksf[ke lacaèkh ,Dlikstj ,d i{kh; gS vkSj blesa loan, where the exposure to credit risk is unilateral and only the mèkkj nsus okyk cSad gkfu&tksf[ke dk lkeuk djrk gSA izfri{kh _.k lending bank faces the risk of loss, the counterparty credit risk tksf[ke f}i{kh; gS vFkkZr laO;ogkj dk cktkj ewY; izfri{kh laO;ogkj ls is bilateral in nature i.e. the market value of the transaction can brj ikthfVo ;k fuxsfVo gks ldrk gS vkSj cktkj ?kVdksa ds lapyu ds be positive or negative to either counterparty to the transaction and varying over time with the movement of underlying market lkFk gh fHkUu gks ldrk gSA factors. pwd ds le; ;fn laO;ogkj ;k izfri{kh ds lkFk laO;ogkj iksVZQksfy;ksa An economic loss would occur if the transactions or portfolio esa ldkjkRed vkfFkZd ewY; ifjyf{kr gksrs gSa rks vkfFkZd gkfu mBkuh of transactions with the counterparty has a positive economic iM+ ldrh gSA value at the time of default. cSad fdlh ikVhZ dks MsjhosfVo mRikn nsus ls igys lqfuf'pr djrk gS fd Banks ensures all the due diligence are to be adhered to viz. lHkh xq.koRrkvksa&vFkkZr~ dsokbZlh ekunaMksa] larqf"Viw.kZ O;ogkjksa] ikVhZ dh KYC norms, satisfactory dealing, credit worthiness of the party _.k ik=rk dk ikyu fd;k tk,A before extending any derivative products to the party. ii) Ekk=kRed izdVhdj.k ii) Quantitative Disclosures jkf'k djksM+ :- esa (Amount `in Crores) Current Ø- dfYir jkf'k orZeku ,Dlikstj S. Notional Amount fooj.k Particulars Exposure la- 31-03-2017 31-03-2017 No. 31.03.2017 31.03.2017 ------1 fons'kh eqnzk lafonk,a 1 Foreign Exchange ------2 ikjfLifjd eqnzk C;kt nj ------Contracts dh vnyk&cnyh 2 Cross Currency ------Interest rate Swaps 3 ,dy eqnzk C;kt nj dh ------vnyk&cnyh 3 Single Currency ------Interest Rate Swaps ------4 tksM+ 4 Total ------ 56 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures lkj.kh Mh,Q&11 % iwath dh lajpuk Table DF-11: Composition of Capital Hkkx&1& 31 ekpZ] 2017 ls iz;ksx ds fy, rkfydk Part I: Template to be used only from March 31, 2017 ¼#i;s fefy;u esa½@ (` in Million) Ø- csly& III & dsoy 31 ekpZ] 2017 ls iz;ksx ds fy, rkfydk la- lkekU; lerk fV;j 1 iwath% fy[kr ,oa vkjf{kr fufèk;ka lanHkZ la-@ S. Basel–III common disclosure template to be used from March 31, 2017 Ref No No. Common Equlity Tier 1 Capital : instruments and reserves lkekU; bZfDoVh fV;j 1 iwath % fy[kr vkSj vkjf{kr fufèk;ka Common Equity Tier 1 capital: instruments and reserves Directly issued qualifying common share capital plus 1 lhèks tkjh dh x;h vgZrk izkIr lkekU; 'ks;j iwath vkSj 1550.00 a= a1+a2 lacafèkr LVkd vfèk'ks'k ¼'ks;j izhfe;e½ related stock surplus (share premium) 2 izfrèkkfjr vk; Retained earnings Accumulated other comprehensive income (and other 3 lafpr vU; O;kid vk; ¼vkSj vU; vkjf{kr fufèk;ka½ 4203.39 reserves) Directly issued capital subject to phase out from CET1 4 lhbZVh 1 ls èkhjs&èkhjs lekIr gksus ds vkèkhu lhèks tkjh dh x;h iwath ¼dsoy xSj la;qDr LVkd dEifu;ksa ds fy, ykxw½ (only applicable to non-joint stock companies) Common share capital issued by subsidiaries and held 5 Lkgk;d bdkb;ksa }kjk tkjh dh x;h vkSj rhljs i{k ¼lhbZVh 1 lewg esa vuqer jkf'k½ }kjk èkkfjr lkekU; 'ks;j iwath by third parties (amount allowed in group CET1) Common Equity Tier 1 capital before regulatory adjust- 6 fofu;ked lek;kstuksa ls igys lkekU; bZfDoVh fV;j 1 iwath 5753.39 ments lkekU; bZfDoVh fV;j 1 iwath % fofu;ked lek;kstu Common Equity Tier 1 capital: regulatory adjustments 7 foosdiw.kZ ewY;kadu lek;kstu Prudential valuation adjustments 8 xqMfoy ¼lacafèkr dj ns;rk dk fuoy½ Goodwill (net of related tax liability) Intangibles other than mortgage-servicing rights (net of 9 eksVZxst lfoZflax vfèkdkj ds vykok vewrZ vkfLr;ka ¼alacafèkr dj ns;rk dk fuoy½ related tax liability) 10 vkLFkfxr dj laifRr Deferred tax assets 11 Ukdnh&izokg cpko fjtoZ >!$3A\05%3#48#% #$# 7# 12 visf{kr gkfua ds fy, izkoèkkuksa dh deh Shortfall of provisions to expected losses 13 fodz; ij izfrHkwfrdj.k ykHk Securitisation gain on sale Gains and losses due to changes in own credit risk on 14 mfpr ewY; ns;rkvksa ij futh _.k tksf[ke esa ifjorZu ds dkj.k ykHk vkSj gkafu fair valued liabilities 15 ifjHkkf"kr&ykHk isa'ku dks"k fuoy laifRr B#[)#4A(#)#["%/#)$-0)%&;)4%)#"%!$$#"$ Investments in own shares (if not already netted off 16 futh 'ks;j esa fuos'k ¼fjiksVZ fd, x, rqyu i= esa ;fn igys ls gh iznRr iwath dk lek;kstu u fd;k x;k gks½ paid-in capital on reported balance sheet) 17 lkekU; bZfDoVh esa ijLij dzkl&gksfYMax Reciprocal cross-holdings in common equity cSafdax] foRrh; vkSj chek laLFkk,a] tks fofu;ked lesdu C)7#$"9#)"$%-)%"3#%'!/-"!.%0&%(!)*-)8D%[)!)'-!.%!)4%-) - ds nk;js ls ckgj gS] ds iwath esa fo'ks"k fuos'k dk ik= 'kkVZ surance entities that are outside the scope of regula- 18 tory consolidation, net of eligible short positions, where iksft'ku fuoy] tgka cSad dh tkjh 'ks;j iwath 10 % ls the bank does not own more than 10% of the issued vfèkd ugha gS ¼10 % dh izkjafHkd lhek ls vfèkd jkf'k½ share capital (amount above 10% threshold) cSafdax] foRrh; vkSj chek laLFkk,a] tks fofu;ked lesdu E-8)-['!)"%-)7#$"9#)"$%-)%"3#%'0990)%$"0'*%0&%(!)* - -)8D%[)!)'-!.%!)4%-)$; !)'#%#)"-"-#$%"3!"%! #%0;"$-4#%"3#% 19 ds nk;js ls ckgj gS] ds lkekU; 'ks;j esa egRoiw.kZ fuos'k dk ik= 'kkVZiksft'ku ¼10 % dh izkjafHkd lhek ls vfèkd scope of regulatory consolidation, net of eligible short jkf'k½ fuoy positions (amount above 10% threshold) % Mortgage servicing rights (amount above 10% thresh- 20 eksVZxst lfoZflax vfèkdkj ¼10 dh izkjafHkd lhek ls vfèkd jkf'k½ old) vLFkk;h fHkUurk ls mRiUu vkLFkfxr dj laifRr ¼10 % dh Deferred tax assets arising from temporary differences 21 izkjafHkd lhek ls vfèkd jkf'k] lacafèkr dj ns;rk dk fuoy½ (amount above 10% threshold, net of related tax liabil- ity) 57 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures Ø- csly& III & dsoy 31 ekpZ] 2017 ls iz;ksx ds fy, rkfydk la- lkekU; lerk fV;j 1 iwath% fy[kr ,oa vkjf{kr fufèk;ka lanHkZ la-@ S. Basel–III common disclosure template to be used from March 31, 2017 Ref No No. Common Equlity Tier 1 Capital : instruments and reserves 22 15 % dh izkjafHkd lhek ls vfèkd jkf'k Amount exceeding the 15% threshold 0&%53-'3F%$-8)-['!)"%-)7#$"9#)"$%-)%"3#%'0990)%$"0'*% 23 ftuesa ls% foRrh; laLFkkvksa ds lekU; 'ks;j esa egRoiw.kZ fuos'k 0&%[)!)'-!.%#)"-"-#$ 24 ftuesa ls% ekVZxst lfoZflax vfèkdkj of which: mortgage servicing rights of which: deferred tax assets arising from temporary 25 ftuesa ls% vLFkk;h fHkUurk ls mRiUu gksus okyh vkLFkfxr dj vkfLr;ka differences G!"-0)!.% $/#'-['% #8;.!"0 6% !4H;$"9#)"$% 26 jk"V~h; fof'k"V fofu;ked lek;kstu ¼26d $ 26[k $ 26x $ 26?k½ (26a+26b+26c+26d) of which: Investments in the equity capital of the un- 26a ftlesa ls% vlesfdr chek lgk;d daifu;ksa ds bZfDoVh iwath esa fuos'k consolidated insurance subsidiaries of which: Investments in the equity capital of unconsoli- 26b ftlesa ls% vlesfdr xSj&foRrh; lgk;d daifu;ksa ds bZfDoVh iawth esa fuos'k 4!"#4%)0)A[)!)'-!.%$;($-4-! -#$ ftlesa ls% cSad ds lkFk xSj&lesfdr izeq[k futh foRrh; of which: Shortfall in the equity capital of majority 26c laLFkkvksa ds bZfDoVh iwath esa deh 05)#4%[)!)'-!.%#)"-"-#$%53-'3%3!7#%)0"%(##)%'0)$0.- - dated with the bank 26d ftlesa ls% vifj"kksfèkr isa'ku fufèk O;; of which: Unamortised pension funds expenditures vi;kZIr vfrfjDr fV;j 1 vkSj fV;j 2 dVkSrh dks doj Regulatory adjustments applied to Common Equity 27 djus ds fy, lkekU; bZfDoVh fV;j 1 ij ykxw fofu;ked I-# %J%4;#%"0%-)$;&['-#)"%244-"-0)!.%I-# %J%!)4%I-# %K%"0% lek;kstu cover deductions 28 lkekU; bZfDoVh fV;j 1 esa dqy fofu;ked lek;kstu Total regulatory adjustments to Common equity Tier 1 29 lkekU; bZfDoVh fV;j 1 iwath ¼lhbZVh1½ Common Equity Tier 1 capital (CET1) 5753.39 vfrfjDr fV;j 1 iwath% fy[kr@ Additional Tier 1 capital: instruments Directly issued qualifying Additional Tier 1 instruments 30 lhèks tkjh fd, x, ik= vfrfjDr fV;j 1 fy[kr vkSj lacafèkr vfèk'ks"k ¼'ks;j izhfe;e½ ¼31 $ 32½ plus related stock surplus (31+32) ftlesa ls% ykxw ys[kkadu ekudksa ds varxZr bZfDoVh ds #i 0&%53-'3F%'.!$$-[#4%!$%#=;-"6%;)4# %!//.-'!(.#%!''0;)" - 31 esa oxhZÑr ¼lrr xSj⪅h vfèkekuh 'ks;j½ ing standards (Perpetual Non-Cumulative Preference Shares) 0&% 53-'3F% '.!$$-[#4% !$% .-!(-.-"-#$% ;)4# % !//.-'!(.#% !' - 32 ftlesa ls% ykxw ys[kkadu ekudksa ds varxZr ns;rk ds #i esa oxhZÑr ¼lrr _.k fy[kr½ counting standards (Perpetual debt Instruments) Directly issued capital instruments subject to phase out 33 vfrfjDr fV;j 1 iwath ls pj.kc) #i ls ckgj ¼Qst vkmV½ gksus ds vkèkhu lhèks tkjh fd, x, iwath fy[kr from Additional Tier 1 Lkgk;d daifu;ksa }kjk tkjh rFkk rhljs i{k }kjk ¼,Vh1 lewg Additional Tier 1 instruments (and CET1 instruments 34 esa vuqer jkf'k rd½ èkkfjr vfrfjDr fV;j 1 fy[kr ¼vkSj not included in row 5) issued by subsidiaries and held 5oha iafDr esa 'kkfey ugha fd, x, lhbZVh1 fy[kr½ by third parties (amount allowed in group AT1) of which: instruments issued by subsidiaries subject to 35 ftlesa ls% pj.kc) #i ls ckgj ¼Qst vkmV½ gksus ds vkèkhu lgk;d daifu;ksa }kjk tkjh fd, x, fy[kr phase out 36 fofu;ked lek;kstu djus ls iwoZ vfrfjDr fV;j iwath 1 Additional Tier 1 capital before regulatory adjustments vfrfjDr fV;j iwath 1% fofu;ked lek;kstu Additional Tier 1 capital : regulatory adjustments 37 futh vfrfjDr fV;j 1 fy[kr esa fuos'k Investments in own Additional Tier 1 instruments Reciprocal cross-holdings in Additional Tier 1 instru- 38 vfrfjDr fV;j 1 fy[krksa esa ikjLifjd dzkl&gksfYMaXl ments cSafdax] foRrh; vkSj chek laLFkk,a] tks fofu;ked lesdu ds C)7#$"9#)"$%-)%"3#%'!/-"!.%0&%(!)*-)8D%[)!)'-!.%!)4%-) - nk;js ls ckgj gS] ds lkekU; 'ks;j esa fo'ks"k fuos'k dk ik= surance entities that are outside the scope of regula- tory consolidation, net of eligible short positions, where 39 'kkVZiksft'ku fuoy] tgka cSad dk laLFkk ds tkjh 'ks;j iwath the bank does not own more than 10% of the issued ¼10 % dh izkjfEHkd lhek ls vfèkd jkf'k½ ds 10 % ls vfèkd common share capital of the entity (amount above 10% dk LokfeRo ugha gSA threshold) cSafdax] foRrh; vkSj chek laLFkk,a] tks fofu;ked lesdu ds E-8)-['!)"%-)7#$"9#)"$%-)%"3#%'!/-"!.%0&%(!)*-)8D% [)!)'-!.%!)4%-)$; !)'#%#)"-"-#$%"3!"%! #%0;"$-4#%"3#% 40 nk;js ls ckgj gSa] ds lkekU; 'ks;j esa egRoiw.kZ fuos'k dk scope of regulatory consolidation (net of eligible short ik= 'kkVZiksft'ku fuoyA positions) 58 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures Ø- csly& III & dsoy 31 ekpZ] 2017 ls iz;ksx ds fy, rkfydk la- lkekU; lerk fV;j 1 iwath% fy[kr ,oa vkjf{kr fufèk;ka lanHkZ la-@ S. Basel–III common disclosure template to be used from March 31, 2017 Ref No No. Common Equlity Tier 1 Capital : instruments and reserves 41 jk"V~h; fof'k"V fofu;ked lek;kstu G!"-0)!.%$/#'-['% #8;.!"0 6%!4H;$"9#)"$%LMJ!NMJ(O ¼41 d $ 41 [k½ Of which: Investments in the Additional Tier 1 capital of 41a ftuesa ls% xSj&lesfdr chek lgk;d daifu;ksa ds vfrfjDr fV;j 1 iwath esa fuos'k unconsolidated insurance subsidiaries Ckgqer ds LokfeRo okyh foRrh; laLFkkvksa ds vfrfjDr fV;j I Of which: Shortfall in the Additional Tier 1 capital of 41b iwath esa deh ftudks cSad ds lkFk lesfdr ugha fd;k x;k gSA 9!H0 -"6%05)#4%[)!)'-!.%#)"-"-#$%53-'3%3!7#%)0"%(##)% consolidated with the bank Regulatory adjustments applied to Additional Tier 1 42 dVkSrh dks doj djus ds fy, vi;kZIr fV;j 2 ds dkj.k vfrfjDr fV;j 1 ij ykxw fofu;ked lek;kstu 4;#%"0%-)$;&['-#)"%I-# %K%"0%'07# %4#4;'"-0)$ 43 vfrfjDr fV;j 1 esa dqy fofu;ked lek;kstu Total regulatory adjustments to Additional Tier 1 capital 44 vfrfjDr fV;j 1 iwath ¼,Vh&1½ Additional Tier 1 capital (AT1) 0.00 45 fV;j 1 iwath ¼Vh1$lhbZVh1$,Vh1½ ¼29$44½ Tier 1 capital (T1 = CET1 + AT1) (29 + 44) 5753.39 fV;j 2 iwath% fy[kr ,oa izkoèkku Tier 2 capital: instruments and provisions Directly issued qualifying Tier 2 instruments plus re- 46 lhèks tkjh fd, ik= vfrfjDr fV;j 1 fy[kr vkSj lacafèkr LVkd vfèk'ks"k lated stock surplus Directly issued capital instruments subject to phase out 47 fV;j 2 iwath ls pj.kc) #i ls ckgj ¼Qst vkmV½ gksus ds vkèkhu lhèks tkjh fd, x, iwath fy[kr from Tier 2 48 Lkgk;d daifu;ksa }kjk tkjh fd;s x;s ,oa r`rh; i{kks a }kjk èkkfjr Tier 2 instruments (and CET1 and AT1 instruments not ¼jkf'k lewg fV;j 2 esa vuqer½ fV;j 2 fy[kr ¼rFkk iafDr;ksa included in rows 5 or 34) issued by subsidiaries and held by third parties (amount allowed in group Tier 2) 5 vkSj 34 esa 'kkfey ugha fd;s x;s lhbZVh1 vkSj ,Vh1 fy[kr½ 49 ftuesa ls% pj.kc) #i ls ckgj ¼Qst vkmV½ gksus ds vkèkhu of which: instruments issued by subsidiaries subject to lgk;d daifu;ksa }kjk tkjh fd, x, fy[kr phase out 50 Ikzkoèkku Provisions 143.30 51 fofu;ked lek;kstuksa ls igys fV;j 2 iwwath Tier 2 capital before regulatory adjustments 143.30 fV;j 2 iwath% fofu;ked lek;kstu Tier 2 capital: regulatory adjustments 52 futh fV;j 2 fy[kr esa fuos'k Investments in own Tier 2 instruments 53 fV;j 2 fy[krksa esa ikjLifjd dzkl&gksfYMaXl Reciprocal cross-holdings in Tier 2 instruments cSafdax] foRrh; vkSj chek laLFkk,a] tks fofu;ked lesdu ds C)7#$"9#)"$%-)%"3#%'!/-"!.%0&%(!)*-)8D%[)!)'-!.%!)4%-) - nk;js ls ckgj gSa] ds lkekU; 'ks;j esa fo'ks"k fuos'k dk ik= surance entities that are outside the scope of regula- tory consolidation, net of eligible short positions, where 54 'kkVZiksft'ku fuoy] tgka cSad dk laLFkk ds tkjh 'ks;j iwath the bank does not own more than 10% of the issued ¼10 % dh izkjafHkd lhek ls vfèkd jkf'k½ ds 10 % ls vfèkd common share capital of the entity (amount above the dk LokfeRo ugha gSAA 10% threshold) cSafdax] foRrh; vkSj chek laLFkk,a] tks fofu;ked lesdu ds E-8)-['!)"%-)7#$"9#)"$%-)%"3#%'!/-"!.%(!)*-)8D%[)!)'-!.% 55 nk;js ls ckgj gSa] ds lkekU; 'ks;j esa egRoiw.kZ fuos'k dk and insurance entities that are outside the scope of ik= 'kkVZiksft'ku fuoy regulatory consolidation (net of eligible short positions) 56 jk"V~h; fof'k"V fofu;ked lek;kstu G!"-0)!.%$/#'-['% #8;.!"0 6%!4H;$"9#)"$%LPQ!NPQ(O ¼56 d $ 56 [k½ of which: Investments in the Tier 2 capital of unconsoli- 56a ftlesa ls% xSj&lesfdr chek lgk;d daifu;ksa ds fV;j 2 iwath esa fuos'k dated subsidiaries ftlesa ls% Ckgqer ds LokfeRo okyh foRrh; laLFkkvksa ds of which: Shortfall in the Tier 2 capital of majority 56b fV;j 2 iwath esa deh ftudks cSad ds lkFk lesfdr ugha 05)#4%[)!)'-!.%#)"-"-#$%53-'3%3!7#%)0"%(##)%'0)$0.- - fd;k x;k gSA dated with the bank 57 fV;j 2 iwath esa dqy fofu;ked lek;kstu Total regulatory adjustments to Tier 2 capital 58 fV;j 2 iwath ¼Vh 2½ Tier 2 capital (T2) 143.30 59 dqy iwath ¼Vhlh = Vh1 $ Vh2½ ¼45$58½ Total capital (TC = T1 + T2) (45 + 58) 5896.69 dqy tksf[ke Hkkfjr vkfLr;ka Total risk weighted assets 60 46147.30 ¼60 d $ 60[k $ 60x½ (60a + 60b + 60c) 59 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures Ø- csly& III & dsoy 31 ekpZ] 2017 ls iz;ksx ds fy, rkfydk la- lkekU; lerk fV;j 1 iwath% fy[kr ,oa vkjf{kr fufèk;ka lanHkZ la-@ S. Basel–III common disclosure template to be used from March 31, 2017 Ref No No. Common Equlity Tier 1 Capital : instruments and reserves 60a ftlesa ls% dqy dzsfMV tksf[ke Hkkfjr vkfLr;ka of which: total credit risk weighted assets 32462.97 60b ftlesa ls% dqy cktkj tksf[ke Hkkfjr vkfLr;ka of which: total market risk weighted assets 9579.71 60c ftlesa ls% dqy ifjpkyu tksf[ke Hkkfjr vkfLr;ka of which: total operational risk weighted assets 4104.62 iwath vuqikr@ Capital ratios lkekU; bZfDoVh fV;j 1 ¼tksf[ke Hkkfjr vkfLr;ksa ds izfr'kr Common Equity Tier 1 (as a percentage of risk weight- 61 12.47% ds #i esa½ ed assets) fV;j 1 ¼tksf[ke Hkkfjr vkfLr;ksa ds izfr'kr ds #i esa½ 62 Tier 1 (as a percentage of risk weighted assets) 12.47% dqy iwath ¼tksf[ke Hkkfjr vkfLr;ksa ds izfr'kr ds #i esa½ 63 Total capital (as a percentage of risk weighted assets) 12.78% laLFkk fof'k"V cQj vis{kk ¼U;wure lhbZVh1 vis{kk vkSj iwath C)$"-";"-0)%$/#'-['%(;&&# % #=;- #9#)"%L9-)-9;9%> 65 ftlesa ls% iwath laj{k.k cQj vis{kk,a of which: capital conservation buffer requirement 1.25% 0&%53-'3F%(!)*%$/#'-['%'0;)"# '6'.-'!.%(;&&# % #=;- # - 66 ftlesa ls% cSad fof'k"V izfrpdzh; cQj vis{kk,a ment 67 ftlesa ls% th&,lvkbZch cQj vis{kk,a of which: G-SIB buffer requirement cQj dh vis{kk iwjk djus ds fy, miyCèk lkekU; bZfDoVh Common Equity Tier 1 available to meet buffers (as a 68 fV;j 1 ¼tksf[ke Hkkfjr vkfLr;ksa ds izfr'kr ds #i esa½ percentage of risk weighted assets) jk"V~h; U;wure ¼cklsy III ls fHkUu gks rks½ National minima (if different from Basel–III) jk"V~h; lkekU; bZfDoVh fV;j 1 U;wure National Common Equity Tier 1 minimum ratio (if differ- 69 5.50% vuqikr ¼;fn cklsy III U;wure ls fHkUu gks rks½ ent from Basel–III minimum) jk"V~h; fV;j 1 U;wure vuqikr ¼;fn cklsy III U;wure ls National Tier 1 minimum ratio (if different from Basel–III 70 7.00% fHkUu gks rks½ minimum) jk"V~h; dqy iwath U;wure vuqikr ¼;fn National total capital minimum ratio (if different from 71 9.00% cklsy III U;wure ls fHkUu gks rks½ Basel–III minimum) dVkSrh ds fy, vfèkdre lhek ds uhps dh jkf'k ¼tksf[ke Hkkj ls igys½ Amounts below the thresholds for deduction (before risk weighting) G0)A$-8)-['!)"% -)7#$"9#)"$% -)% "3#% '!/-"!.% 0&% 0"3# % [- 72 vU; foRrh; laLFkkvksa dh iwath esa xSj&egRoiw.kZ fuos'k nancial entities E-8)-['!)"%-)7#$"9#)"$%-)%"3#%'0990)%$"0'*%0&%[)!) - 73 foRrh; laLFkkvksa ds lkekU; LVkd esa egRoiw.kZ fuos'k cial entities 74 ekVZxst lfoZflax jkbV~l ¼lacafèkr dj ns;rk dk fuoy½ Mortgage servicing rights (net of related tax liability) vLFkk;h fHkUurkvksa ls mRiUu vkLFkfxr dj vkfLr;ka Deferred tax assets arising from temporary differences 75 ¼lacafèkr dj ns;rk dk fuoy½ (net of related tax liability) fV;j 2 esa izkoèkkuksa ds 'kkfey fd;s tkus ij ykxw lhek,a ¼dSIl½ Applicable caps on the inclusion of provisions in Tier 2 EkkudhÑr n`f"Vdks.k ds vkèkhu ,dlikstj ds lacaèk esa fV;j Provisions eligible for inclusion in Tier 2 in respect of 76 2 iwath esa 'kkfey djus gsrq ik= izkoèkku ¼lhek ykxw gksus exposures subject to standardised approach (prior to 143.30 ls iwoZ½ application of cap) EkkudhÑr n`f"Vdks.k ds varxZr fV;j 2 esa izkoèkkuksa ds Cap on inclusion of provisions in Tier 2 under stand- 77 405.79 'kkfey fd;s tkus dh lhek ¼ij dSi½ ardised approach vkarfjd jsfVax vkèkkfjr n`f"Vdks.k ds vkèkhu ,Dlikstj ds Provisions eligible for inclusion in Tier 2 in respect of 78 lacaèk esa fV;j 2 iwath esa 'kkfey djus gsrq ik= izkoèkku ¼lhek exposures subject to internal ratings-based approach ykxw gksus ls iwoZ½ (prior to application of cap) 60 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures Ø- csly& III & dsoy 31 ekpZ] 2017 ls iz;ksx ds fy, rkfydk la- lkekU; lerk fV;j 1 iwath% fy[kr ,oa vkjf{kr fufèk;ka lanHkZ la-@ S. Basel–III common disclosure template to be used from March 31, 2017 Ref No No. Common Equlity Tier 1 Capital : instruments and reserves vkarfjd jsfVax vkèkkfjr n`f"Vdks.k ds varxZr fV;j 2 esa Cap for inclusion of provisions in Tier 2 under internal 79 izkoèkkuksa ds 'kkfey fd;s tkus dh lhek ratings-based approach Qst vkÅV O;oLFkkvksa ds vkèkhu iwath fy[kr ¼dsoy 31 ekpZ 2017 vkSj 31 ekpZ 2022 ds chp ykxw½ Capital instruments subject to phase-out arrangements (only applicable between March 31, 2017 and March 31, 2022) Qst vkÅV O;oLFkkvksa ds vkèkhu lhbZVh 1 fy[krksa ij Current cap on CET1 instruments subject to phase out 80 ekStwnk dSi arrangements dSi ds dkj.k lhbZVh 1 esa ugha 'kkfey dh xbZ jkf'k ¼Hkquk, Amount excluded from CET1 due to cap (excess over 81 x, vkSj vofèkiw.kZ fy[krksa ds ckn dSi ds vfrfjDr½ cap after redemptions and maturities) Qst vkÅV O;oLFkkvksa ds vkèkhu ,Vh 1 fy[krksa ij ekStwnk Current cap on AT1 instruments subject to phase out 82 dSi arrangements dSi ds dkj.k ,Vh 1 eas 'kkfey ugha dh xbZ jkf'k ¼Hkquk, x, Amount excluded from AT1 due to cap (excess over 83 vkSj vofèkiw.kZ fy[krksa ds ckn dSi ds vfrfjDr½ cap after redemptions and maturities) Qst vkÅV O;oLFkkvksa ds vkèkhu Vh 2 fy[krksa ij ekStwnk Current cap on T2 instruments subject to phase out 84 dSi arrangements dSi ds dkj.k Vh 2 esa ugha 'kkfey dh xbZ jkf'k ¼Hkquk, x, Amount excluded from T2 due to cap (excess over cap 85 vkSj vofèkiw.kZ fy[krksa ds ckn dSi ds vfrfjDr½ after redemptions and maturities) VsEIysV ds fy, uksV@ NOTES TO THE TEMPLATES VsEIysV dh iafDr la- ¼#- fefy;u esa½@ fooj.k@ Particular Row No. of the template (` in Million) 10 lafpr gkfu;ksa ls lac) vkLFkkfxr dj vkfLr;ka Deferred tax assets associated with ---- accumulated losses vkLFkfxr dj ns;rk ls ?kVkbZ xbZ ¼lafpr gkfu;ksa ls Deferred tax assets (excluding those ---- tqM+h gqbZ dks NksM+dj vkLFkfxr dj vkfLr;ka associated with accumulated losses) net of Deferred tax liability iafDr 10 esa bafxr fd;s x;s vuqlkj dqy Total as indicated in row 10 ---- 19 ;fn chek lgk;d daifu;ksa esa fuos'kksa dks iwath ls iwjh If investments in insurance subsidiaries ---- rjg ugha ?kVk;k x;k vkSj mldh ctk; dVkSrh dh are not deducted fully from capital and instead considered under 10% threshold vfèkdre 10 izfr'kr dh lhek ds varxZr ekU; fd;k for deduction, the resultant increase in the x;k rks cSad dh iwath esa ifj.kkeh o`f) capital of bank ftlesa ls% lkekU; bZfDoVh fV;j 1 iwath esa o`f) of which: Increase in Common Equity Tier 1 ---- capital ftlesa ls% vfrfjDr fV;j 1 iwath esa o`f) of which: Increase in Additional Tier 1 capital ---- ftlesa ls% fV;j 2 iwath esa o`f) of which: Increase in Tier 2 capital ---- 26 [k@ b ;fn xSj&lesfdr xSj&foRrh; lgk;d daifu;ksa dh If investments in the equity capital ---- bZfDoVh iwath esa fuos'k dks ugha ?kVk;k x;k vkSj 0&% ;)'0)$0.-4!"#4% )0)A[)!)'-!. subsidiaries are not deducted and hence, blfy, tksf[ke Hkkj yxk;k x;k rks% risk weighted then: i) lkekU; bZfDoVh fV;j 1 iwath esa o`f) i) Increase in Common Equity Tier 1 capital ---- ii) tksf[ke Hkkfjr vkfLr;ksa esa o`f) ii) Increase in risk weighted assets ---- 50 fV;j 2 iwath esa 'kkfey ik= izkoèkku Eligible Provisions included in Tier 2 capital 143.30 fV;j 2 iwath esa 'kkfey ik= iquewZY;kadu fjtoZ Eligible Revaluation Reserves included in ---- Tier 2 capital iafDr 50 dk dqy Total of row 50 143.30 61 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures Lkkj.kh Mh,Q&12% iwath dh lajpuk& feyku lacaèkh vis{kk,a Table DF-12: Composition of Capital- Reconciliation Requirements Pkj.k 1 @ Step 1 ¼jkf'k #- fefy;u esa½@ (` in Million) foRrh; fooj.kksa ds vuqlkj rqyu Lkesdu ds fofu;ked nk;js ds i= fjiksfVax frfFk dh fLFkfr ds varxZr rqyu i= fjiksfVZax frfFk vuqlkj dh fLFkfr ds vuqlkj R!.!)'#%$3##"%!$%-)%[)!)'-!.% Balance sheet under regula- statements tory scope of consolidation As on reporting date As on reporting date A iwath rFkk ns;rk,a !"#$!%&'&(#!)#%#$#*+& i iznRr iwath Paid-up Capital 775.00 775.00 vkjf{kr fufèk rFkk vfèk'ks"k Reserves & Surplus 5119.63 5119.63 vYi 'ks;j èkkfj;ksa dks C;kt Minority Interest 11.08 11.08 dqy iwath Total Capital 5894.63 5894.63 ii Tkekjkf'k;ka Deposits 68527.85 68527.85 ftuesa ls% cSadksa dh tekjkf'k;ka of which: Deposits from banks 9972.16 9972.16 ftuesa ls% xzkgdksa dh tekjkf'k;ka of which: Customer deposits 58555.69 58555.69 ftuesa ls% vU; tekjkf'k;ka of which: Other deposits (pl. specify) ------¼ÑIk;k Li"V djsa½ iii mèkkj Borrowings ------ftuesa ls%Hkkjrh; fjtoZ cSad ls of which: From RBI ------ftuesa ls% cSadksa ls of which: From banks ------ftuesa ls% vU; laLFkkvksa rFkk of which: From other institutions & ------,tsafl;ksa ls agencies ftuesa ls% vU;¼ÑIk;k Li"V djsa½ of which: Others (pl. specify) ------ftuesa ls% iwath fy[kr of which: Capital instruments ------iv vU; ns;rk,a ,oa izkoèkku Other liabilities & provisions 2574.37 2574.37 dqy Total 76996.85 76996.85 B vkfLr;ka Assets Hkkjrh; fjtoZ cSad ds ikl udn Cash and balances with Reserve Bank i 2848.54 2848.54 ,oa 'ks"k of India cSadksa ds ikl 'ks"k vkSj ekax vkSj Balance with banks and money at call 18627.37 18627.37 vYi lwpuk ij izfrns; jkf'k and short notice ii fuos'k Investments: 21044.84 21044.84 ftuesa ls% ljdkjh izfrHkwfr;ka of which: Government securities 17235.56 17235.56 ftuesa ls% vU; vuqeksfnr of which: Other approved securities ------izfrHkwfr;ka ftuesa ls% 'ks;j of which: Shares ------ftuesa ls% fMcsapj rFkk ck.M of which: Debentures & Bonds 1159.70 1159.70 ftuesa ls % vuq"kaxh daifu;ka@ of which: Subsidiaries / Joint Ventures / ------la;qDr mn~;e@lg;ksxh laLFkk,a Associates ftuesa ls% vU; ¼okf.kfT;d i=] of which: Others (Commercial Papers, 2649.58 2649.58 E;qP;qvy QaM vkfn½ Mutual Funds etc.) 62 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures foRrh; fooj.kksa ds vuqlkj rqyu Lkesdu ds fofu;ked nk;js ds i= fjiksfVax frfFk dh fLFkfr ds varxZr rqyu i= fjiksfVZax frfFk vuqlkj dh fLFkfr ds vuqlkj R!.!)'#%$3##"%!$%-)%[)!)'-!.% Balance sheet under regula- statements tory scope of consolidation As on reporting date As on reporting date iii _.k rFkk vfxze Loans and advances 32082.03 32082.03 ftuesa ls% cSadksa dks _.k rFkk of which: Loans and advances to banks 1.76 1.76 vfxze ftuesa ls% xzkgdksa dks _.k rFkk of which: Loans and advances to 32080.27 32080.27 vfxze customers iv vpy vkfLr;ka Fixed assets 327.22 327.22 v vU; vkfLr;ka Other assets 2066.85 2066.85 ftuesa ls % lk[k ¼xqMfoy½ rFkk of which: Goodwill and intangible assets ------vewrZ vkfLr;ka ftuesa ls% vkLFkfxr dj vkfLr;ka of which: Deferred tax assets ------vi Lkesdu ij xqMfoy Goodwill on consolidation ------vii ykHk rFkk gkfu [kkrs esa ukes 'ks"k B#(-"%(!.!)'#%-)%S 0["%T%U0$$%!''0;)"% ------dqy vkfLr;ka Total Assets 76996.85 76996.85 Pkj.k 2@ Step 2 ¼jkf'k #- fefy;u esa½@ (` in Million) foRrh; fooj.kksa ds Lkesdu ds fofu;ked nk;js lanHkZ vuqlkj rqyui= ds varxZr rqyui= fjiksfVZax la[;k fjiksfVZax frfFk dh frfFk dh fLFkfr ds vuqlkj Ref No. fLFkfr ds vuqlkj Balance sheet under Balance sheet as in regulatory scope of [)!)'-!.%$"!"#9#)"$ consolidation As on reporting date As on reporting date d@ A iwath rFkk ns;rk,a !"#$!%&'&(#!)#%#$#*+& i iznRr iwath Paid-up Capital 775.00 775.00 a1 ftlesa ls% lhbZVh 1 ds fy, ik= jkf'k of which: Amount eligible for CET1 775.00 775.00 ftlesa ls% ,Vh 1 ds fy, ik= jkf'k of which: Amount eligible for AT1 ------vkjf{kr fufèk rFkk vfèk'ks"k Reserves & Surplus 5119.63 5119.63 ftlesa ls% of which: &lkafofèkd vkjf{kfr;ka -Statutory Reserve 1479.29 1479.29 & 'ks;j izhfe;e -Share Premium 775.00 775.00 a2 &dsfiVy fjtoZ -Capital Reserve 166.35 166.35 & LFkkbZ vkfLr;ksa dk iquewZY;kadu . Revaluation of Fixed Assets 165.80 165.80 & vU; vkjf{kfr;ka . Other Reserve 0.55 0.55 & jsosU;w vkSj vU; vkjf{kfr;ka -Revenue and Other Reserve 2698.99 2698.99 &fuos'k vkjf{kfr [kkrk . Investment Reserve Account ------& vkjf{kfr ;k [kjkc vkSj lafnXèk _.k . Reserve or Bad and Doubtful Debts 31.25 31.25 & vU; vkjf{kfr&vkLFkfxr dj . Other reserve-deferred tax 0.68 0.68 & vU; vkjf{kfr . Other Reserve 2437.09 2437.09 63 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures foRrh; fooj.kksa ds Lkesdu ds fofu;ked nk;js lanHkZ vuqlkj rqyui= ds varxZr rqyui= fjiksfVZax la[;k fjiksfVZax frfFk dh frfFk dh fLFkfr ds vuqlkj Ref No. fLFkfr ds vuqlkj Balance sheet under Balance sheet as in regulatory scope of [)!)'-!.%$"!"#9#)"$ consolidation As on reporting date As on reporting date & fuos'k vkjf{kfr [kkrk .Investment Reserve A/c 18.12 18.12 & fo'ks"k vkjf{kfr èkkjk 36 ds vUrxZr .Special reserve u/s36 211.85 211.85 & orZeku le; dk ykHk tks [kkrs esa A>; #)"%/# -04%/ 0["%)0"% #'08)-V#4 ------ugha fy;k x;k dqy iwath Total Capital 5894.63 5894.63 ii Tkekjkf'k;ka Deposits 68527.85 68527.85 ftuesa ls%cSadska dh tekjkf'k;ka of which: Deposits from banks 9972.16 9972.16 ftuesa ls% xzkgd tekjkf'k;ka of which: Customer deposits 58555.69 58555.69 ftuesa ls %vU; tekjkf'k;ka ¼ÑIk;k of which: Other deposits (pl. specify) ------Li"V djsa½ iii mèkkj Borrowings 0.00 0.00 ftuesa ls%Hkkjrh; fjtoZ cSad ls of which: From RBI ------ftuesa ls% cSadksa ls of which: From banks ------ftuesa ls% vU; laLFkkvksa rFkk ,tsafl;ksa of which: From other institutions & agencies 0.00 0.00 ls ftuesa ls %vU; ¼ÑIk;k Li"V djsa½ of which: Others (pl. specify) ------ftuesa ls% iwath fy[kr of which: Capital instruments ------iv vU; ns;rk,a ,oa izkoèkku Other liabilities & provisions 2574.37 2574.37 ftuesa ls%xqMfoy ls lacafèkr MhVh,y of which: DTLs related to goodwill ------ftuesa ls% vewrZ vkfLr;ksa ls lacafèkr of which: DTLs related to intangible assets ------ekax rFkk eh;knh ns;rk,a dqy Total 76996.85 76996.85 [k@ B vkfLr;ka Assets i Hkkjrh; fjtoZ cSad ds ikl udn ,oa Cash and balances with Reserve Bank of 2848.54 2848.54 'ks"k India cSadksa ds ikl 'ks"k vkSj ekax vkSj vYi Balance with banks and money at call and 18627.37 18627.37 lwpuk ij izfrns; jkf'k short notice ii fuos'k% Investments: 21044.84 21044.84 ftuesa ls% ljdkjh izfrHkwfr;ka of which: Government securities 17235.56 17235.56 ftuesa ls% vU; vuqeksfnr izfrHkwfr;ka of which: Other approved securities ------ftuesa ls% 'ks;j of which: Shares ------ftuesa ls% fMcsapj rFkk cka.M of which: Debentures & Bonds 1159.70 1159.70 ftuesa ls% vuq"kaxh daifu;ka@la;qDr of which: Subsidiaries / Joint Ventures / ------mn~;e@lg;ksxh laLFkk,a Associates ftuesa ls% vU; ¼okf.kfT;d i=] of which: Others (Commercial Papers, 2649.58 2649.58 E;qP;qvy QaM vkfn½ Mutual Funds etc.) 64 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures foRrh; fooj.kksa ds Lkesdu ds fofu;ked nk;js lanHkZ vuqlkj rqyui= ds varxZr rqyui= fjiksfVZax la[;k fjiksfVZax frfFk dh frfFk dh fLFkfr ds vuqlkj Ref No. fLFkfr ds vuqlkj Balance sheet under Balance sheet as in regulatory scope of [)!)'-!.%$"!"#9#)"$ consolidation As on reporting date As on reporting date iii _.k rFkk vfxze Loans and advances 32082.03 32082.03 ftuesa ls%cSadksa dks _.k rFkk vfxze of which: Loans and advances to banks 1.76 1.76 ftuesa ls%xzkgdksa dks _.k rFkk vfxze of which: Loans and advances to customers 32080.27 32080.27 iv vpy vkfLr;ka Fixed assets 327.22 327.22 ftuesa ls% xqMfoy rFkk vewrZ vkfLr;ka of which: Goodwill and intangible assets ------v vU; vkfLr;ka Other assets 2066.85 2066.85 ftuesa ls% xqMfoy rFkk vewrZ vkfLr;ka of which: Goodwill and intangible assets ------ftuesa ls% vkLFkfxr dj vkfLr;ka of which: Deferred tax assets ------vi Lkesdu ij xqMfoy Goodwill on consolidation ------vii ykHk rFkk gkfu [kkrs esa ukes 'ks"k B#(-"%(!.!)'#%-)%S 0["%T%U0$$%!''0;)"% ------dqy vkfLr;ka Total Assets 76996.85 76996.85 pj.k 3@ Step 3 Ckkly III lkekU; izdVhdj.k VsaEIysV ¼tksM+s x, LraHk lfgr½ dk m)j.k &lkj.kh Mh,Q&11 ¼Hkkx I/II tks Hkh ykxw gks½ lkekU; bZfDoVh fV;j 1 iwath% fy[kr rFkk vkjf{kr fufèk;ka Extract of Basel–III common disclosure template (with added column) – Table DF-11 (Part I / Part II whichever, applicable) Common Equity Tier 1 capital: instruments and reserves ¼jkf'k #- fefy;u esa½@ (` in Million) cSad }kjk fjiksVZ Pkj.k 2 ls lesdu ds fofu;ked nk;js dh xbZ fofu;ked ds varxZr rqyui= ds lanHkZ la[;k@ iwath ds ?kVd i=ksa ij vkèkkfjr lzksr Component of Source based on reference num- regulatory capi- bers /letters of the balance sheet tal reported by under the regulatory scope of bank consolidation from step 2 1 lhèks fuxZfer dh xbZ vgZd lkekU; 'ks;j ¼rFkk Directly issued qualifying common 1550.00 v1 o v2 la;qDr&xSj&LVkd daifu;ksa ds fy, lerqY;½ iawth share (and equivalent for non-joint a1 & a2 stock companies) capital plus related rFkk lacafèkr LVkd vfèk'ks"k dk tksM+ stock surplus 2 izfrèkkfjr vk; Retained earnings ---- 3 Lakpf;r vU; O;kid vk; vkjf{kr ¼rFkk vU; Accumulated other comprehensive 4203.39 fufèk;ka½ income (and other reserves) 4 lhbZVh1 ls gVk, tkus ds vèkhu lhèks fuxZfer iwath Directly issued capital subject to ---- ¼dsoy vla;qDr uku LVkd daifu;ksa ij ykxw½ phase out from CET1 (only applicable to non-joint stock companies) 5 vuq"kaxh laLFkkvksa }kjk fuxZfer rFkk FkMZ ikVhZ Common share capital issued by ---- }kjk èkkfjr lkekU; 'ks;j iwath ¼lewg lhbZVh1 esa subsidiaries and held by third parties (amount allowed in group CET1) vuqer jkf'k½ 6 fofu;ked lek;kstuksa ls iwoZ lkekU; bZfDoVh fV;j Common Equity Tier 1 capital before 5753.39 1 iwath regulatory adjustments 7 foosdiw.kZ ewY;u lek;kstu Prudential valuation adjustments ---- 8 xqMfoy ¼lacafèkr dj ns;rk dk fuoy½ Goodwill (net of related tax liability) ---- 65 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures Lkkj.kh Mh,Q&13& fofu;ked iawth fy[krksa dh eq[; Table DF-13: Main Features of Regulatory Capital fo'ks"krk,a Instruments cSad us fdlh izdkj dh fofu;ked iawth fy[kr tkjh ugha fd, gSaA Bank has not issued any kind of regulatory instruments. Lkkj.kh Mh-,Q- 16% bfDoVht% cSafdax cqd fLFkfr dk Table DF-16: Equities: Disclosures for Banking Book izdVhdj.k& Positions fofuos'k [kjhn ds le; VsªfMax ds fy, vk;ksftr Js.kh ¼,p,QVh½] fcdzh C)7#$"9#)"$%! #%'.!$$-[#4%!"%the time of purchase into Held for gsrq miyCèk Js.kh ¼,,Q,l½ rFkk ifjiDork vofèk rd j[ks x;s fuos'k Trade (HFT), Available for Sale (AFS), Held to Maturity (HTM) ¼,pVh,e½ Js.kh esa oxhZÑr fd;s gSa tks fd vkj-ch-vkbZ- ds ekLVj ifji=& categories in line with the RBI master circular- Prudential Norms oxhZdj.k ds fy, foosdiw.kZ ekunaM] fofuos'k lafoHkkx ds oxhZdj.k &0 %'.!$$-['!"-0)D%7!.;!"-0)%!)4%0/# !"-0)%0&%-)7#$"9#)"$%/0 "&0.-0% ewY;kadu vkSj ifjpkyu ds fy, foosdiw.kZ ekunaM ds vuqlkj gSaA vkj-ch- by Banks. In accordance with the RBI guidelines, investments vkbZ- ds fn'kk&funsZ'kksa ds vuqlkj lgk;d dEiuh ,oa la;qDr m|e dh in equity of subsidiaries and joint ventures are required to be bfDoVh esa fofuos'k ,pVh,e Js.kh ds vUrxZr oxhZÑr dh tkuh pkfg,A '.!$$-[#4%;)4# %WIX%'!"#80 61%Y0 %'!/-"!.%!4#=;!'6%/; /0$#D% iwath i;kZIrrk mÌs'; ls] vkj-ch-vkbZ- ds fn'kk&funsZ'kksa ds vuqlkj bfDoVh as per the RBI guidelines, equity securities held under HTM izfrHkwfr;ka ifjiDork vofèk rd j[ks x;s fuos'k cSafdax cqd ds vUrxZr '!"#80 6%! #%'.!$$-[#4%;)4# %R!)*-)8%(00 k. oxhZÑr gSaA cSad ds ikl cSafdax cqd ds vUrxZr dksbZ bfDoVh izfrHkwfr ugha gSA Bank does not have any equities under banking book yhojst vuqikr Leverage Ratio csly &III ds vUrxZr yhojst iwath mik; ¼fjLd osLM dSfiVy QzseodZ I3#%R!$#.MCCC%.#7# !8#% !"-0%-$%4#[)#4%!$%"3#%'!/-"!.%9#!$; #% ds vUrxZr Vh;j I iwath½ ds izdVhdj.k ekunaM ls foHkkftr dj bl (Tier-1 capital of the risk based capital framework) divided by the vuqiky dks izfr'kr esa n'kkZuk gSA cSad ls vis{kk dh tkrh gS fd U;wure exposure measure, with this ratio expressed as a percentage. 4-5 izfr'kr yhojst vuqikr cuk;s j[ksA vkj-ch-vkbZ- ds fn'kk&funsZ'kksa The Bank is required to maintain a minimum leverage ratio of ds vuqlkj] cSad ds fy, yhojst vuqikr ds fy;s okafNr izdVhdj.k 31 4.5%. As per RBI guidelines, disclosures required for leverage st ekpZ] 2017 dks fuEuor gSa %& ratio for the Bank at March 31 , 2017 is as follows. Lkkj.kh Mh,Q 17& ys[kkadu vkfLr;ka cuke yhojst vuqikr ,Dlikstj vkdyu dk rqyukRed lkjka'k DF-17: Summary Comparison of Accounting Assets vs. Leverage Ratio Exposure Measure Ø-la- #i;s ¼fefy;u esa½ en@ Item S.No. (` in Million) 1 izdkf'kr foRrh; fooj.kksa ds vuqlkj dqy lesfdr vkfLr;ka I0"!.% '0)$0.-4!"#4% !$$#"$% !$% /# % /;(.-$3#4% [)!)'-!. 76996.86 statements 2 cSafdax] foRrh;] chek vFkok okf.kfT;d laLFkkvksa esa ,sls fuos'k 24H;$"9#)"% &0 % -)7#$"9#)"$% -)% (!)*-)8D% [)!)'-!.D ---- ds fy, lek;kstu tks fofu;ked lesdu ds nk;js ds ckgj gSa insurance or commercial entities that are consolidated for accounting purposes but outside the scope of rFkkfi ys[kkadu iz;kstuksa ds fy, ftudk lesdu fd;k x;k gSA regulatory consolidation 3 izorhZ ys[kkadu lajpuk ds vuqlkj rqyu i= dh ekU;rk izkIr 24H;$"9#)"% &0 % [4;'-! 6% !$$#"$% #'08)-$#4% 0)% "3# ---- izR;;h vkfLr;ksa ds fy, lek;kstu ysfdu ftUgsa yhojst vuqikr balance sheet pursuant to the operative accounting framework but excluded from the leverage ratio ,Dlikstj vkdyu esa 'kkfey ugha fd;k x;k gSA exposure measure 4 MsfjosfVo foRrh; fy[krksa ds fy;s lek;kstu 24H;$"9#)"$%&0 %4# -7!"-7#%[)!)'-!.%-)$" ;9#)"$ ---- 5 izfrHkwfr;ksa ds foRrh;u lacaèkh ysunsuksa ds fy, lek;kstu ¼vFkkZr 24H;$"9#)"% &0 % $#'; -"-#$% [)!)'-)8% " !)$!'"-0)$% L-1#1 ---- jsiks vkSj blh rjg dh lqjf{kr mèkkj½ repos and similar secured lending) 6 rqyui=srj enksa ds fy, lek;kstu ¼vFkkZr rqyui=srj ,Dlikstj Adjustment for off-balance sheet items (i.e. conversion 1645.43 dh jkf'k ds led{k dszfMV esa #ikarj.k½ to credit equivalent amounts of off- balance sheet exposures) 7 vU; lek;kstu Other adjustments 769.52 8 yhojst vuqikr ,Dlikstj Leverage ratio exposure 79411.81 66 csly –III fiyj –3 izdVhdj.k Basel–III Pillar–3 Disclosures Lkkj.kh Mh,Q 18& yhojst vuqikr lkekU; izdVhdj.k VsEIysV Table DF-18: Leverage Ratio Common Disclosure Template ¼jkf'k #- fefy;u esa½@ (` in Million) Øa- la- yhojst vuqikr lajpuk en@ Item S. No. Leverage ratio framework rqyui= ij ekStwn On-balance sheet exposures rqyui= ij ekStwn ensa ¼MsfjosfVo rFkk ,l,QVh dks On-balance sheet items (excluding derivatives and SFTs, 1 77766.38 NksM+dj ijUrq laikf'Zod dks 'kkfey djrs gq,½ but including collateral) ¼cklsy III fV;j 1 iwath ds fuèkkZj.k esa ?kVkbZ xbZ (Asset amounts deducted in determining Basel–III Tier 1 2 ---- vkfLr;ksa dh jkf'k ½ capital) rqyui= ij ekStwn dqy ,Dlikstj ¼MsfjosfVo Total on-balance sheet exposures (excluding 3 77766.38 rFkk ,l,QVh dks NksM+dj½ ¼iafDr 1 vkSj 2 dk ;ksx½ derivatives and SFTs) (sum of lines 1 and 2) MsfjosfVo ,Dlikstj Derivative exposures leLr MsfjosfVo ysunsuksa ls tqM+h izfrLFkkiu Replacement cost associated with all derivatives 4 ---- ykxr ¼vFkkZr ik= udnh #ikarj.k ekftZu dk transactions (i.e. net of eligible cash variation margin) dqy tksM+½ leLr MsfjosfVo ysunsuksa ls tqM+s ih,QbZ ds fy, Add-on amounts for PFE associated with all derivatives 5 ---- iwjd jkf'k transactions izorhZ ys[kkadu lajpuk ds vuq#i rqyui= vkfLr;ksa Gross-up for derivatives collateral provided where 6 ls ?kVk, x, MsfjosfVo laikf'Zod ds fy, lexz deducted from the balance sheet assets pursuant to the ---- izkoèkku operative accounting framework ¼MsfjosfVo ysunsuksa esa n'kkZ, x, udnh ?kV&c<+ (Deductions of receivables assets for cash variation 7 ---- ekftZu ds fy, izkI; vkfLr;ksa dh dVkSrh½ margin provided in derivatives transactions) ¼xzkgd&lek'kksfèkr dkjksckjh ,Dlikstj ds fy, NwV 8 (Exempted CCP leg of client-cleared trade exposures) ---- izkIr lhlhih ysx½ fyf[kr dzsfMV MsfjosfVo ds fy, lek;ksftr izHkkoh Adjusted effective notional amount of written credit 9 ---- vuqekfur jkf'k derivatives ¼fyf[kr dszfMV MsfjosfVo ds fy, lek;ksftr izHkkoh (Adjusted effective notional offsets and add-on deductions 10 ---- vuqekfur lejkf'k rFkk iwjd dVkSfr;ka½ for written credit derivatives) 11 dqy MsfjosfVo ,Dlikstj ¼iafDr la-4 ls 10 dk tksM+½ Total derivative exposures (sum of lines 4 to 10) ---- izfrHkwfr foRriks"k.k ysunsu ,Dlikstj ,*-./#$#*+&[1!1-#12&$/!1+!-$#31&*4"3+./*+ ldy ,l,QVh vkfLr;ksa ¼usfVax ds fy, ekU; ugha½] Gross SFT assets (with no recognition of netting), after 12 ---- fcdzh ys[kkadu ysunsuksa dks lek;ksftr djus ds ckn½ adjusting for sale accounting transactions ¼ldy ,l,QVh vkfLr;ksa ds fy, udn ns;jkf'k;ksa (Netted amounts of cash payables and cash receivables of 13 ---- rFkk udn izkI; jkf'k;ksa dh fuoy jkf'k½ gross SFT assets) 14 ,l,QVh vkfLr;ksa ds fy, lhlhvkj ,Dlikstj CCR exposure for SFT assets ---- 15 ,tsaV ysunsu ,Dlikstj Agent transaction exposures ---- dqy izfrHkwfr foRriks"k.k ysunsu ,Dlikstj ¼iafDr la- 53$!%& +*-./#$#*+& [1!1-#12& $/!1+!-$#31& *4"3+./*+& 16 ---- 12 ls 15 dk tksM+½ (sum of lines 12 to 15) vU; rqyui=srj ,Dlikstj Other off-balance sheet exposure 17 Lkdy vuqekfur jkf'k ij rqyui=srj ,Dlikstj Off-balance sheet exposure at gross notional amount 5712.51 18 ¼_.k lerqY; jkf'k ds #ikarj.k ds fy, lek;kstu½ (Adjustments for conversion to credit equivalent amounts) -4067.08 19 rqyui=srj ensa ¼iafDr la-17 vkSj 18 dk tksM+½ Off-balance sheet items (sum of lines 17 and 18) 1645.43 iwath vkSj dqy ,Dlikstj Capital and total exposures 20 fV;j 1 iwath Tier 1 capital 5753.39 21 dqy ,Dlikstj ¼iafDr la-3]11]16 vkSj 19 dk tksM+½ Total exposures (sum of lines 3, 11, 16 and 19) 79411.81 yhojst vuqikr Leverage ratio 22 Ckklsy III yhojst vuqikr Basel–III leverage ratio 7.25% 67 rqyu&i= Balance Sheet 31 ekpZ] 2017 dh fLFkfr ds vuqlkj rqyu&i= BALANCE SHEET AS ON 31 ST MARCH 2017 ¼#i;s gtkj esa½@ (` in thousands) vuqlwph 31-03-2017 dh fLFkfr 31-03-2016 dh fLFkfr iw¡th vkSj nkf;Ro@ CAPITAL AND LIABILITIES SCHEDULE As on 31.03.2017 As on 31.03.2016 iw¡th@ Capital 1 775000 675000 vkjf{kfr;ka vkSj vf/k'ks"k@ Reserves & Surplus 2 5119628 4579405 tek jkf'k;ka@ Deposits 3 68527851 53105866 m/kkj@ Borrowings 4 0 1154 vU; nkf;Ro vkSj mica/k@ Other Liabilities & Provisions 5 2574375 2482523 tksM+@ Total 76996854 60843948 vkfLr;ka@ ASSETS udnh vkSj Hkkjrh; fjtoZ cSad esa vfr'ks"k 6 2848543 2969973 Cash & Balances With Reserve Bank of India cSadksa esa vfr'ks"k vkSj ekax ij rFkk vYi lwpuk ij çkI; /ku 7 18627371 15034321 Balances with Banks & Money at call and Short Notice fuos'k@ Investments 8 21044842 13814084 vfxze@ Advances 9 32082034 26860836 fLFkj vkfLr;ka@ Fixed Assets 10 327218 179595 vU; vkfLr;ka@ Other Assets 11 2066846 1985139 tksM+@ Total 76996854 60843948 lekfJr nkf;Ro@ Contingent Liabilities 12 800174 398808 laxzg ds fy, fcy@ Bills for collection 5822 9890 çeq[k ys[kk uhfr;ka@ E-8)-['!)"%2''0;)"-)8%S0.-'-#$ 17 [kkrksa ij fVIif.k;ka@ Notes on Accounts 18 Åij mfYyf[kr vuqlwfp;ka rqyu&i= dk vfHkUu vax gSaA Schedules referred above form an integral part of Balance Sheet eqds'k 'kekZ vkj- ds- xqIrk vkj- ds- HkkfV;k ,l- vkj- lkSyadh izksQs- ¼MkW-½ oh- ih-,l- vjksM+k Mukesh Sharma R. K. Gupta R. K. Bhatia S. R. Solankee Prof. (Dr.) V. P. S. Arora v/;{k ,oa eq[; dk;Zdkjh vf/kdkjh funs'kd funs'kd funs'kd funs'kd >3!- 9!)%T%>3-#&%<[#';"-7#%\&['# % B- #'"0 % B- #'"0 % B- #'"0 % B- #'"0 ,p- ds- voLFkh lh, uhjt 'kkjnk lh, e`nqy dqekj vxzoky MkW- ¼Jherh½ ds- ds- 'kekZ jkds'k usek H. K. Awasthi CA Neeraj Sharda CA Mradul Kumar Agarwal Dr. (Mrs.) K. K. Sharma Rakesh Nema funs'kd funs'kd funs'kd funs'kd funs'kd Director Director Director Director Director iznhi dqekj dkyk ,e- lh- iUr foosd 'kkg gekjh v|ru fjiksVZ ds vuqlkj Pradeep Kumar Kala M. C. Pant Vivek Sah as per our report of even date phQ vkijsfVax vkQhlj ,lks- okbl izsflMsUV daiuh lfpo Ñrs ih,l,eth ,.M ,lksfl,V~l >3-#&%\/# !"-)8%\&['# % ¼ys[kk ,oa ifjpkyu½ Company Secretary For PSMG & Associates ,oa phQ QkbusafU'k;y vkQhlj Associate Vice President lunh ys[kkdkj T%>3-#&%Y-)!)'-!.%\&['# % L2''0;)"$%T%\/# !"-0)$O% % %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%>3! "# #4%2''0;)"!)"$ ,Qvkj,u 008567lh FRN- 008567 C ¼lh-,-lkSjHk xks;y½@ (CA Saurabh Goel) LFkku@ Place : nsgjknwu@ Dehradun lk>snkj@ Partner fnukad@ Date: 15.05.2017 ,e,u@ MN-407620 68 ykHk vkSj gkfu [kkrk # ,%&["#4#B&??#>77&81" 31 ekpZ] 2017 dks lekIr gq, o"kZ dk ykHk vkSj gkfu [kkrk 6789:5&'&(8,,&; 8<=5&987&5>?&@?;7&?=A?A&BC,5&D;7 >&EFCG ¼#i;s gtkj esa½@ (` In thousands) vuqlwph 31-03-17 dks lekIr o"kZ 31-03-16 dks lekIr o"kZ SCHEDULE Year ended 31.03.2017 Year ended 31.03.2016 I. vk;@ INCOME vftZr C;kt@ Interest Earned 13 5596518 5361198 vU; vk;@ Other Income 14 524409 289361 tksM+@ Total 6120927 5650559 II. O;;@ !" #$%&'( O;; fd;k x;k C;kt@ Interest Expended 15 3744865 3592821 ifjpkyu O;;@ Operating Expenses 16 1278277 1222972 micU/k vkSj vkdfLed O;;@ Provisions & Contingencies 613176 365066 tksM+@ Total 5636318 5180859 III. ykHk@ PROFIT o"kZ dk 'kq) ykHk@ !"#$%&["#(&%#")!#*!+%# 484609 469700 fofu;kstu ds fy, miyC/k ykHk@ ,%&["#+-+./+0/!#(&%#+$$%&$%.+".&1 484609 469700 IV. fofu;kstu@ APPROPRIATIONS varj.k@ Transfer To : lkafof/kd vkjf{kfr;ka@ Statutory Reserve 121152 117425 jktLo vkSj vU; vkjf{kfr;ka@ Revenue & Other Reserves: 0 0 I) fuos'k vkjf{kfr [kkrk@ Investment Reserve Account 0 0 ii) lkekU; vkjf{kfr;ka@ General Reserve 139489 168653 iii) fo'ks"k vkjf{kfr;ka@ Special Reserve 20209 21630 vUrfje ykHkka'k@ Interim Dividend Paid 0 81000 vUrfje ykHkka'k ij ykHkka'k dj@ Dividend Tax on Interim Dividend Paid 0 16195 izLrkfor YkkHkka'k@ Proposed Dividend 168887 54000 ykHkka'k dj ¼ljpktZ vkSj f'k{kk izfrdj lfgr½ 34872 10797 Dividend Tax (including surcharge & edu.cess) vkjf{kr iwath@ Capital Reserve 0 0 tksM+@ Total 484609 469700 izfr 'ks;j vk; ¼:0½@ Earnings per Share (Rs) ewy@ Basic 7.17 6.96 ruq@ Diluted 7.17 6.96 eqds'k 'kekZ vkj- ds- xqIrk vkj- ds- HkkfV;k ,l- vkj- lkSyadh izksQs- ¼MkW-½ oh- ih-,l- vjksM+k Mukesh Sharma R. K. Gupta R. K. Bhatia S. R. Solankee Prof. (Dr.) V. P. S. Arora v/;{k ,oa eq[; dk;Zdkjh vf/kdkjh funs'kd funs'kd funs'kd funs'kd 2)+.%3+1#4#2).!(#56!78".-!#9([7!%# :.%!7"&%# :.%!7"&%# :.%!7"&%# :.%!7"&% ,p- ds- voLFkh lh, uhjt 'kkjnk lh, e`nqy dqekj vxzoky MkW- ¼Jherh½ ds- ds- 'kekZ jkds'k usek H. K. Awasthi CA Neeraj Sharda CA Mradul Kumar Agarwal Dr. (Mrs.) K. K. Sharma Rakesh Nema funs'kd funs'kd funs'kd funs'kd funs'kd Director Director Director Director Director iznhi dqekj dkyk ,e- lh- iUr foosd 'kkg gekjh v|ru fjiksVZ ds vuqlkj Pradeep Kumar Kala M. C. Pant Vivek Sah as per our report of even date phQ vkijsfVax vkQhlj ,lks- okbl izsflMsUV daiuh lfpo Ñrs ih,l,eth ,.M ,lksfl,V~l 2).!(#9$!%+".1;#9([7!%# ¼ys[kk ,oa ifjpkyu½ Company Secretary For PSMG & Associates ,oa phQ QkbusafU'k;y vkQhlj Associate Vice President lunh ys[kkdkj 4#2).!(#<.1+17.+/#9([7!%# =>77&81"?#4#9$!%+".&1?@# # #########################################################2)+%"!%!A#>77&81"+1"? ,Qvkj,u 008567lh FRN- 008567 C ¼lh-,-lkSjHk xks;y½@ (CA Saurabh Goel) LFkku@ Place : nsgjknwu@ Dehradun lk>snkj@ Partner fnukad@ Date: 15.05.2017 ,e,u@ MN-407620 69 rqyu&i= dh vuqlwfp;ka Schedules to Balance Sheet rqyu&i= dh vuqlwfp;ka Schedules to Balance Sheet vuqlwph 1&iwath@ SCHEDULE 1- CAPITAL ¼#i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 izkf/kd`r iwath ¼10@& :i;s izfr 'ks;j ewY; okys 15]00]00]000 'ks;j½ Authorised Capital (15,00,00,000 Equity Shares of ` 10/- each) 1500000 1500000 ¼foxr o"kZ 10@& :i;s izfr 'ks;j ewY; okys 15]00]00]000 'ks;j½ (Previous Year 15,00,00,000 Equity Shares of ` 10/- each) tkjh] vfHknŸk] ekaxh xbZ vkSj pqdrk iwath Issued,Subscribed,Called up and Paid up capital 10@& :0 izfr 'ks;j ewY; okys 775]00]000 'ks;j 775000 675000 775,00,000 Equity Shares of ` 10/- each foxr o"kZ 10@& :0 izfr 'ks;j ewY; okys 675]00]000 'ks;j (Previous Year 67500000 Equity Shares of ` 10/- each) tksM+@ Total 775000 675000 vuqlwph 2 & vkjf{kfr;k¡ vkSj vf/k'ks"k@ )*+ $', -./-( ) (0 )-1-)'(",')-- ¼#i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 lakfof/kd vkjf{kfr;k¡@ Statutory Reserve I vFk'ks"k@ Opening Balance 1358137 1240712 o"kZ ds nkSjku ifjo/kZu@ Addition during the year 121152 117425 vafre 'ks"k@ Closing Balance 1479289 1358137 II iw¡thxr vkjf{kfr;k¡@ Capital Reserve iquewZY;u vkjf{kfr;ka@ Revaluation Reserve vFk'ks"k@ Opening Balance 46431 46574 d½@ a) o"kZ ds nkSjku o`f)@ Addition during the year 123694 0 ifjlj ds iquewZY;kadu ds dkj.k gqvk ewY;gzkl tks ykHk o gkfu [kkrs dks varfjr fd;k x;k -4320 -143 Depreciation on account of revaluation of premises "%+1?(!%%!A#"&#,%&["#4#B&??#>77&81" vafre 'ks"k@ Closing Balance 165805 46431 vU;@ Others 548 548 [k½@ b) o"kZ ds nkSjku o`f)@ Addition during the year 0 0 vafre 'ks"k@ Closing Balance 548 548 tksM+@ Total (II) 166353 46979 'ks;j izhfe;e@ Share Premium III vFk'ks"k@ Opening Balance 635000 635000 o"kZ ds nkSjku ifjo/kZu@ Addition during the Year 140000 0 o"kZ ds nkSjku dVkSfr;ka@ Deduction during the Year 0 0 vafre 'ks"k@ Closing Balance 775000 635000 IV jktLo vkSj vU; vkjf{kfr;k¡@ (232452-1-67829-(2:2932: 0 0 (i) fuos'k fopyu vkjf{kfr;k¡@ Investment Fluctuation Reserve vFk'ks"k@ Opening Balance 0 0 70 rqyu&i= dh vuqlwfp;ka Schedules to Balance Sheet 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 o"kZ ds nkSjku ifjo/kZu@ Addition during the Year 0 0 ?kVk,a % lkekU; izko/kku dks varj.k 0 0 Less: Transferred To General Provision vfUre 'ks"k@ Closing Balance 0 0 vU; vkjf{kfr;ka@ Other Reserve vFk'ks"k@ Opening Balance 2329530 2160878 tksM+sa % ykHk&gkfu [kkrs ls vUrfjr dh xbZ jkf'k 139489 168653 >AA.".&1#C#D%+1?(!%%!A#(%&3#,%&["#4#B&??#>77&81" dVkSrh@ Deduction: 0 0 vfUre 'ks"k@ Closing Balance 2469019 2329531 fuos'k vkjf{kfr [kkrk@ Investment Reserve A/c 18117 18117 (ii) o"kZ ds nkSjku ifjo/kZu@ Addition during the Year 0 0 vafre 'ks"k@ Closing Balance 18117 18117 fo'ks"k vkjf{kfr [kaM 36 (I) (VIII) ds vUrxZr 191641 170011 Special reserve u/s 36 ( I ) ( VIII ) o"kZ ds nkSjku ifjo/kZu@ Addition during the Year 20209 21630 vafre 'ks"k@ Closing Balance 211850 191641 tksM+@ Total (IV) 2698986 2539289 V ykHk vkSj gkfu [kkrs dk vfr'ks"k 0 0 ;<=<4>2-?4-"9@[7-1-,@::-B>>@547 tksM+@ Total (I ls@ to V) 5119628 4579405 vuqlwph 3 & fu{ksi@ SCHEDULE 3 -DEPOSITS ¼#i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 I) ek¡x fu{ksi@ Demand Deposits i) cSadksa ls@ From Banks 9957 19870 ii) vU; ls@ From Others 2998460 2336347 tksM+@ Total 3008417 2356217 d@ A II) cpr cSad fu{ksi@ Savings Bank Deposits 20169366 16166654 III) lkof/k fu{ksi@ Term Deposits i) cSadksa ls@ From Banks 9962206 3320045 ii) vU; ls@ From Others 35387862 31262950 tksM+@ Total 45350068 34582995 tksM+@ Total (I, II ,oa@ 1-%%%C 68527851 53105866 I) Hkkjr esa 'kk[kkvksa ds fu{ksi@ Deposits of Branches in India 68527851 53105866 [k@ B II) Hkkjr ds ckgj 'kk[kkvksa ds fu{ksi@ Deposits of Branches 0 0 outside India tksM+@ Total ( I ,oa@ 1-%%-C 68527851 53105866 71 rqyu&i= dh vuqlwfp;ka Schedules to Balance Sheet vuqlwph 4& m/kkj@ SCHEDULE 4 -BORROWINGS ¼#i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 Hkkjr esa m/kkj@ Borrowings in India i) Hkkjrh; fjtoZ cSad@ Reserve Bank Of India 0 0 I ii) vU; cSad@ Other Banks 0 0 iii) vU; laLFkk,a ,oa vfHkdj.k@ Other Institutions and Agencies 0 1154 II Hkkjr ds ckgj m/kkj@ Borrowings outside India 0 0 tksM+@ Total ( I ,oa@ 1-%%C 0 1154 III tekurh m/kkj jkf'k;ka tks mijksDr I esa 'kkfey gSa 0 1154 Secured Borrowings Included in I above vuqlwph 5 & vU; nkf;Ro vkSj mica/k@ SCHEDULE 5 -OTHER LIABILITIES AND PROVISIONS #i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 I lans; fcy@ Bills Payable 173166 374726 II varj dk;kZy; lek;kstu ¼'kq)½@ E1"!%#9([7!#>AF8?"3!1"?#= !"@ 8187 0 III izksn~Hkwr C;kt@ Interest Accrued 94482 81015 IV vfxze fn;k x;k dj@lzksr ij dkVk x;k dj ¼izko/kku dks NksM+dj½ 0 0 Tax Paid in advance/tax deducted at source (net of provisions) V vU; ¼blesa mica/k 'kkfey gSa½@ Others (Including Provisions) 2298540 2026782 tksM+@ Total (I ls@ to V ) 2574375 2482523 uksV % fV;j II iwath gsrq fy, x, xkS.k _.k 'kwU;@ NIL 'kwU;@ NIL NOTE:Subordinated Debts raised in Tier II Capital vuqlwph 6 & udnh vkSj Hkkjrh; fjtoZ cSad esa vfr'ks"k SCHEDULE 6 -CASH AND BALANCES WITH RESERVE BANK OF INDIA #i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 I udnh ¼blesa fons'kh djSalh uksV lfEefyr gSa½ 245908 273936 Cash in hand (Including foreign currency notes) Hkkjrh; fjtoZ cSad esa vfr'kss"k Balances with Reserve Bank of India II i) pkyw [kkrksa esa@ In Current Accounts 2602635 2696037 ii) vU; [kkrksa esa@ In Other Accounts 0 0 tksM+@ Total 2602635 2696037 tksM+@ Total (I ,oa@ 1-%%C 2848543 2969973 72 rqyu&i= dh vuqlwfp;ka Schedules to Balance Sheet vuqlwph 7 & cSadksa esa vfr'kss"k vkSj ekax ij rFkk vYi lwpuk ij izkI; /ku )*+ $', -D-;B,B#* )-E%&+-;B#F)-1-G6# H-B&-*B,,-B#$-)+6(&-#6&%* ¼#i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 I In India Hkkjr esa@ i) cSadksa esa vfr'kss"k@ Balances with Banks pkyw [kkrksa esa@ In Current Accounts 125521 222511 vU; tek [kkrksa esa@ In Other Deposit Accounts 17301851 14361810 tksM+@ Total 17427371 14584321 ii) ek¡x ij vkSj vYi lwpuk ij izkI; /ku Money at call and short notice cSadksa esa@ With banks 1200000 0 vU; laLFkkvksa esa@ With other institutions 0 450000 tksM+@ Total 1200000 450000 tksM+@ Total (i ,oa@ 1-??C 18627371 15034321 II Hkkjr ds ckgj@ Outside India 'kwU;@ NIL 'kwU;@ NIL tksM+@ Total (I ,oa@ 1-%%C 18627371 15034321 vuqlwph & 8 fuos'k@ SCHEDULE 8- INVESTMENT #i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 I Hkkjr esa fuos'k ¼ldy½@ Investments in India (Gross) 21096329 13814084 ?kVk,¡ % ewY;gzkl ds fy, izko/kku@ Less : Provision for Depreciation 51487 0 Hkkjr esa 'kq) fuos'k@ Net Investments in India 21044842 13814084 vyx&vyx fooj.k@ Break up i) ljdkjh izfrHkwfr;ka@ Government Securities 17235559 11729088 ii) vU; vuqeksfnr izfrHkwfr;ka@ Other Approved Securities 0 0 iii) 'ks;j@ Shares 0 0 iv) fMcaspj vkSj ca/k i=@ Debentures and Bonds 1159700 1784996 v) leuq"kaxh vkSj@;k la;qDr m|e 0 0 Subsidiaries and/or Joint Ventures vi) vU; ¼;w-Vh-vkbZ- dh ;wfuV~l vkSj vU; E;wpwvy QaMl] okf.kfT;d i= 2649583 300000 vkfn½@ Others (units of UTI and other mutual funds comm. papers) tksM+@ Total 21044842 13814084 II Hkkjr ds ckgj fuos'k@ Investments outside India 'kwU;@ Nil 'kwU;@ Nil tksM+@ Total (I ,oa@ 1-%%C 21044842 13814084 73 rqyu&i= dh vuqlwfp;ka Schedules to Balance Sheet vuqlwph & 9 vfxze@ SCHEDULE 9- ADVANCES ¼#i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 d½@ A i) Ø; fd;s x;s vkSj ferhdkVs ij Hkqxrku fd;s x;s fofue; i= 8294 37976 Bills Purchased and Discounted ii) dS'k ØsfMV] vksoj MªkQ~V vkSj ekax ij izfr&lans; m/kkj 20005813 16211863 Cash Credit, Overdrafts and Loans repayable on demand iii) lkof/k m/kkj@ Term Loans 12067927 10610997 tksM+@ Total 32082034 26860836 [k½@ B i) ewrZ vkfLr;ksa }kjk izfrHkwr@ Secured by Tangible Assets 31047184 25662791 ii) cSad@ljdkjh izR;kHkwfr;ksa }kjk lajf{kr 0 0 Covered by Bank/Govt. Guarantees iii) vizfrHkwr@ Unsecured 1034850 1198045 tksM+@ Total 32082034 26860836 x½@ C I) Hkkjr esa vfxze@ Advances in India i) izkFkfedrk izkIr {ks=@ Priority Sector 15837585 15101396 ?kVk,a% chvksch dks tkjh vkbZchihlh@ Less: IBPC issued to BOB 1000000 1000000 'kq) izkFkfedrk izkIr {ks= _.k@ Net Priority Sector 14837585 14101396 ii) lkoZtfud {ks=@ Public Sector 1532 1724 iii) cSad@ Banks 1759 6567 iv) vU;@ Others 16241158 11751149 tksM+sa% chvksch ls lgHkkfxrk esa vkbZchihlh 1000000 1000000 Add: IBPC participation with BOB 'kq) vU;@ Net Others 17241158 12751149 II) Hkkjr ds ckgj vfxze@ Advances outside India 0 0 tksM+@ Total 32082034 26860836 vuqlwph & 10 fLFkj vkfLr;ka@ )*+ $', -IJ/-K%! $-B)) &) #i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 I ifjlj@ Premises ¼iwoZorhZ o"kZ ds 31 ekpZ dh fLFkfr ds vuqlkj ykxr ij@iquewZY;akfdr jkf'k½@ At cost/revalued amount as on 31 st March of the 121928 121928 preceeding year o"kZ ds nkSjku ifjo/kZu@ Addition during the year 124037 0 v|ru vo{k;.k & ¼iquewZY;kadu ds dkj.k o`f)'khy ewY;gzkl lfgr½ Depreciation to date (including incremental depreciation due to 23848 19086 revaluations) Cykd I dk 'ks"k@ Closing Block I 222117 102842 II vU; fLFkj vkfLr;ka ¼QuhZpj vkSj fQDlpj lfgr½ 67829-K?L2M-B::27:-N?4>=5M?4O-K594?7592-1-K?L7592:C iwoZorhZ o"kZ ds 31 ekpZ dh fLFkfr ds vuqlkj ykxr ij 378302 351349 At cost as on 31 st March of the preceeding year o"kZ ds nkSjku ifjo/kZu@ Addition during the year 69331 27227 o"kZZ ds nkSjku dVkSfr;ka@ Deductions during the year 3695 274 v|ru vo{k;.k@ Depreciation to date 338837 301549 Cykd II dk 'ks"k@ Closing Block II 105101 76753 tksM+@ Total (I ,oa@ 1-%%C 327218 179595 74 rqyu&i= dh vuqlwfp;ka Schedules to Balance Sheet vuqlwph & 11& vU; vkfLr;ka@ SCHEDULE 11- OTHER ASSETS ¼#i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 I vUrj dk;kZy; lek;kstu ¼'kq)½@ E1"!%#9([7!#>AF8?"3!1"#= !"@ 0 19095 II izksn~Hkwr C;kt@ Interest Accrued 605865 633280 III vfxze :i ls lanŸk@lzksr ij dkVk x;k dj ¼izko/kkuksa dks NksM+dj½ 100076 98139 Tax Paid in advance/tax deducted at source (net of provisions) IV ys[ku lkexzh vkSj LVkEi@ Stationery & Stamps 44 55 V vU;@ Others 1360861 1234570 tksM+@ Total ( I ls@ to V) 2066846 1985139 vuqlwph & 12 lekfJr nkf;Ro@ SCHEDULE 12- CONTINGENT LIABILITIES #i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 I cSad ds fo:) nkos ftUgsa _.k ds :i esa Lohdkj ugha fd;k x;k gS 7356 6348 Claims against the Bank not acknowledged as Debts II /kks[kk?kM+h ds fo:) nsunkjh@ Liability against frauds 0 0 III la?kVdksa dh vksj ls nh xbZ izR;kHkwfr;ka 515919 286417 Guarantees given on behalf of constituents IV Lohd`fr;ka] cspku vkSj vU; nkf;Ro 111032 22901 Acceptances,Endorsements and Other Obligations V vU;@ Other 165867 83142 tksM+@ Total ( I ls@ to V) 800174 398808 vuqlwph & 13& vftZr C;kt@ SCHEDULE 13- INTEREST EARNED #i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 I vfxzeksa@fofue; i=ksa ij C;kt@ferhdkVk 3131952 3062653 Interest/Discount on Advances/Bills fuos'kksaa ls vk;@ Income on Investments 1159205 II ?kVk,a% o"kZ ds nkSjku ifj'kksf/kr jkf'k Less:amount amortised during the year (-)3530 1155675 1014865 (on HTM securities) Hkkjrh; fjtoZ cSad esa vfr'ks"kksa vkSj vU; vUrj&cSad III fuos'kksa ij C;kt@ Interest on Balances with Reserve 1168191 1265326 Bank of India and other Inter Bank Placements IV vU;@ Others 140700 18354 tksM+@ Total ( I ls@ to IV) 5596518 5361198 75 rqyu&i= dh vuqlwfp;ka Schedules to Balance Sheet vuqlwph & 14& vU; vk;@ SCHEDULE 14- OTHER INCOME ¼#i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 I deh'ku] fofue; vkSj nykyh 32577 38837 Commission,Exchange & Brokerage II fuos'kkasa ds foØ; ij ykHk@gkfu 308384 79117 ,%&["#G#B&??#&1#?+/!#&(#.1-!?"3!1"? III vk;dj okilh ij C;kt@ Interest on Income Tax Refund 8315 3670 IV izdh.kZ vk;@ Miscellaneous Income 167744 161133 V r`rh; ikVhZ dk deh'ku@ Third party commission 7389 6604 tksM+@ Total (I ls@ to V) 524409 289361 vuqlwph & 15& O;; fd;k x;k C;kt@ )*+ $', -IP/%#& ( )&- !" #$ $ #i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 I fu{ksiksa ij C;kt@ Interest on Deposits 3676242 3591769 II Hkkjrh; fjtoZ cSad@varj cSad m/kkjksa ij C;kt 108 241 Interest on RBI /Inter Bank Borrowings III vU;@ Others 68515 811 tksM+@ Total ( I ls@ to III) 3744865 3592821 vuqlwph & 16& ifjpkyu O;;@ )*+ $', -IQ/-6" (B&%#R- !" #) ) #i;s gtkj esa½@ (` in Thousands) 31-03-2017 dh fLFkfr ds vuqlkj 31-03-2016 dh fLFkfr ds vuqlkj As on 31/03/2017 As on 31/03/2016 I deZpkfj;ksa dks Hkqxrku ,oa muds fy, izko/kku 821256 833051 Payments to and Provisions for Employees II fdjk;k] dj vkSj jks'kuh@ Rent,Taxes and Lighting 108651 96613 III eqnz.k vkSj ys[ku&lkexzh@ Printing and Stationery 8265 8107 IV foKkiu vkSj izpkj@ Advertisement and Publicity 2201 2883 cSad dh lEifŸk ij vo{k;.k@ Depreciation on Bank's Property 30988 V ?kVkb, & ifjlj ds iquewZY;kadu ds dkj.k izkjf{kr iwath ls 30845 lek;ksftr ewY;gzkl@ Less:Depreciation adjusted from Capital 37731 -143 reserve on account of revaluation of premises VI funs'kdksa dh Qhl] HkŸks vkSj O;; 1115 1238 Director's Fees Allowances and Expenses ys[kk ijh{kdksa dh Qhl vkSj O;; ¼blesa 'kk[kk ys[kk ijh{kdksa dh Qhl VII vkSj O;; lfEefyr gSa½@ Auditor's Fees & Expenses 4014 4133 (including Branch Auditor's fee & expenses) VIII fof/k izHkkj@ Law Charges 6744 4089 IX Mkd eglwy] rkj] VsyhQksu vkfn 6671 6602 Postage,Telegrams,Telephones etc X ejEer vkSj vuqj{k.k@ Repairs and Maintenance 15188 10216 XI chek@ Insurance 51725 48859 XII vU; O;;@ Other Expenditure 214716 176336 tksM+@ Total ( I ls@ 7@-!%%C 1278277 1222972 76 izeq[k ys[kk uhfr;ka !"#$"[&'$(:(6%(['&%+ )&&*+$("$#?''2@%+(%6 ,*-"&"./<2)('(#* vuqlwph 17% izeq[k ys[kk uhfr;ka 2016&17 SCHEDULE 17 – SIGNIFICANT ACCOUNTING POLICIES 2016-17 1- ys[kk vfHk/kkj.kk,¡ 1. ACCOUNTING CONVENTION !"# [%&%'(&) *+&+#,#%+* "&-# .##% /0#/&0#1 2% +"# ;s foŸkh; fooj.k tc rd fd vU;Fkk u crk;k tk;s vofèkxr historical cost basis unless otherwise stated and conform ykxr vk/kkj ij rS;kj fd, x, gSa vkSj ns'k ds cSaddkjh {ks= esa to the statutory provisions and practices prevailing in the fo|eku lkafof/kd izko/kkuksa vkSj iz;klksa ds vuq:i gSaA Banking Sector of the country. 2- fuos'k 2. INVESTMENTS Hkkjrh; fjtoZ cSad ds fn'kk&funsZ'kksa ds vuqlkj cSad ds fuos'k In accordance with Reserve Bank of India guidelines, lafoHkkx dks fuEufyf[kr Jsf.k;ksa esa oxhZd`r fd;k x;k gS vkSj 3%-#*+,#%+* /20+42)(2 24 +"# .&%5 (* ')&**([#1 (%+2 +"# izR;sd Js.kh ds fy, Hkkjrh; fjtoZ cSad }kjk fu/kkZfjr ewY;kadu under mentioned categories and the valuation norms, as prescribed by RBI have been applied to each category: ekun.Mksa dk vuqikyu fd;k x;k gS % 2.1.1 Held to Maturity 2-1-1 ifjiDork vof/k rd j[ks tkus okys fuos'k 2-1-2 fcØh ds fy, miyC/k fuos'k 2.1.2 Available for Sale, and 2-1-3 [kjhn&fcØh gsrq j[ks x, fuos'k 2.1.3 Held for Trading 2-2 ÞifjiDork vof/k rd j[ks tkus okysß 'kh"kZZ ds rgr~ vkus okys 2.2 Investment under “Held to Maturity” are valued at cost of fuos'kksa dk ewY;kadu vfHkxzg.k ykxr tc rd ;g vafdr ewY; acquisition unless it is more than the face value in which ftlesa izhfe;e ykxr dks izfrHkwfr;ksa dh 'ks"k ifjiDork vofèk esa case premium is amortized over the remaining maturity ifj'kksf/kr fd;k x;k gS] ls vf/kd ugha gS ij fd;k x;k gSA period of the security. 2-3 ÞfcØh gsrq miyC/kß vkSj Þ[kjhn&fcØh gsrq j[ks x,ß Js.kh ds fuos'k 2.3 Investment held under “Available for Sale” & “Held for cktkj ewY; ij fpfUgr gaSA mudk ewY;kadu ykxr vFkok cktkj Trading” category are marked to market and valued at ewY;] tks Hkh de gS] ij fd;k x;k gSA izR;sd fLØi dk ewY;kadu cost or market value whichever is lower. Individual scrips fd;k x;k gS rFkk ewY;gzkl@vf/kewY;u rqyui= dh Jsf.k;ksa ds are valued and depreciation / appreciation is aggregated '&+#6207 8(*# &* /#0 +"# ')&**(['&+(2% (% 9&)&%'# :"##+; vuqlkj Js.khokj tksM+k x;k gSA 'kq) ewY;gzkl dk izko/kku fd;k Net depreciation is provided for and net appreciation, if x;k gS fdarq ;fn ;g ewY; o`f) gS rks bldh utjvankt dj nh any, is ignored. xbZ gSA 2-4 ÞfcØh gsrq miyC/kß vkSj Þ[kjhn&fcØh gsrq j[ks x,ß Js.kh ds 2.4 The net provisions arising on account of depreciation in fuos'k esa ewY;gzkl ds dkj.k fd;s x;s 'kq) izko/kkuksa dks ykHk&gkfu “Available for Sale” & “Held for Trading” is charged to [kkrs esa izHkkfjr fd;k x;k gS rFkk bruh gh jkf'k vFkok Þfuos'k <02[+ = >2** ?''2@%+ &%1 &% #A@(-&)#%+ &,2@%+ 20 +"# balance available in the “Investment Reserve Account”, vkjf{kr [kkrsß esa miyCèk 'ks"k jkf'k esa ls tks Hkh de gks dks Þfuos'k whichever is less, is transferred from the “Investment vkjf{kr [kkrsß ls ÞykHk&gkfu fofu;kstu [kkrsß dks varfjr fd;k B#*#0-# ?''2@%+P +2 +"# O<02[+ = >2** ?//02/0(&+(2% x;k gSA Account”. ÞfcØh gsrq miyC/kß vkSj Þ[kjhn&fcØh gsrq j[ks x,ß Js.kh esa In case of excess net provision in “Available for Sale” & vfrfjDr 'kq) izko/kku gksus ij mls ykHk&gkfu [kkrs esa tek fd;k OE#)1 420 !0&1(%6PF +"# *&,# (* '0#1(+#1 +2 <02[+ = >2** x;k gS vkSj mruh gh jkf'k dk ¼'kq) dj ;fn dksbZ gks ,oa ,sls Account and an equivalent amount (net of taxes, if any, vfrfjDr izko/kku esa iz;ksT; lkafof/kd izkjf{kfr;ksa dks vUrj.k dks and net of transfer to Statutory Reserve as applicable to such excess provisions) is appropriated to the Investment NksM+dj½ fuos'k vkjf{kr [kkrs esa fofu;kstu fd;k x;k gSA Reserve Account. 2-5 fuos'kksa dh fcØh ls ykHk@gkfu dks tks lEcfU/kr fuos'kksa dh Hkkfjr 2.5 <02[+G >2** 2% *&)# 24 (%-#*+,#%+* &0# 0#'26%(H#1 (% +"# vkSlr ykxr@muds cgh ewY; ij vk/kkfjr gS dks ykHk&gkfu [kkrs <02[+ &%1 >2** ?''2@%+ .&*#1 2% +"# 8#(6"+#1 &-#0&6# esa n'kkZ;k x;k gSA cost of the related investments/ book value thereof. 2-6 vutZd izfrHkwfr;ksa ¼tgak C;kt@ewy cdk;k gS½ ds lEcUèk esa vk; 2.6 In respect of non-performing securities (where interest dk vfHkKku ugha fd;k x;k gS vkSj izfrHkwfr;ksa ds ewY; esa gzkl ds / principal is in arrear) income is not recognized, and fy, mfpr izko/kku fd;k x;k gSA appropriate provision is made for depreciation in value of securities. 77 izeq[k ys[kk uhfr;ka !"#$"[&'$( )&&*+$("$# ,*-"&"./ 2-7 fuos'kksa ds vfHkxzg.k dh ykxr esa deh'ku] nykyh] LVkEi 'kqYd] 2.7 Cost of acquisition of investments excludes commission, izksRlkgu jkf'k vkfn dks lfEefyr ugha fd;k x;k gSA brokerage, stamp duty, incentive etc. 2-8 ÞfcØh ds fy, miyC/kß vkSj Þ[kjhn&fcØh gsrq j[ks x,ß Js.kh 2.8 For the purpose of valuation of Investments in “Available ds fuos'kksa ds ewY;kadu ds fy, izkbejh MhylZ ,lksfl,'ku vkWQ for Sale” & “Held for Trading” category, the rates declared by Primary Dealers Association of India (PDAI) / Fixed bf.M;k ¼ih0Mh0,0vkbZ0½@ fQDLM bude euh ekdsZV ,.M Income Money Market and Derivatives Association MsfjosfVOt ,lksfl,'ku ¼fQeMk½ vkSj LVkd ,Dlpsat }kjk ?kksf"kr (FIMMDA) and quotes of Stock Exchange has been njksa dks vk/kkj cuk;k x;k gSA considered. mu fuos'kksa] ftuds fy, ,slh njsa@nke miyC/k ugha gS] dk Investments for which such rates/quotes are not available ewY;kadu Hkkjrh; fjtoZ cSad }kjk fn, x, ekudksa tks uhps fn, x, are valued as per norms laid down by Reserve Bank of gSa ds vuqlkj fd;k x;k gS % India, which are as under: 2-8-1 bfDoVh 'ks;jksa dk ewY;kadu dEiuh ds uohure rqyui= ¼tks 12 2.8.1 Equity Shares are valued as per latest Balance Sheet ekg ls vf/kd iqjkuk u gks½ ;fn miyC/k gks] ds vuqlkj vU;Fkk of the company (not more than 12 months), if available, ,d :i;k izfr dEiuh ds vk/kkj ij fd;k x;k gSA otherwise are valued at Re. 1/- per company. 2-8-2 E;wpwvy QaMksa dh ;wfuVksa esa fuos'k dk ewY;kadu LVkd ,Dlpsat 2.8.2 Investments in Mutual Funds Units are valued as per dh ewY; lwph ds vuqlkj gqvk gSA xSj lwphc) E;wpwvy QaMksa dh Stock Exchange quotation, Investment in non-quoted ;wfuVksa dk ewY;kadu ;kstuk fo'ks"k ds lUnHkZ esa E;wpwvy QaM }kjk Mutual Fund Units are valued on the basis of the latest ?kksf"kr uohure iqu[kZjhn dher ds vkèkkj ij gqvk gSA mu QaMksa repurchase price declared by the Mutual Fund in respect ds ekeys esa tks ykWd bu vof/k esa gaS rFkk tgka iqu[kZjhn dher@ of each particular Scheme. In case of funds with a lock-in period, where repurchase price/ market quote cktkj nke miyC/k ugha gS ;wfuVksa dk ewY;kadu 'kq) vkfLr ewY; is not available, Units are valued at NAV. If NAV is not ¼,u-,-oh-½ ij gqvk gSA ;fn 'kq) vkfLr ewY; miyC/k ugha gS rks available, then the same are valued at cost, till the end budk ewY;kadu ykWd bu vof/k dh lekfIr rd ykxr ij fd;k of the lock-in period. Whenever the re-purchase price x;k gSA tc dgha iqu[kZjhn dher miyCèk ugha gS rks ;wfuVksa dk is not available, the Units are valued at the NAV of the ewY;kadu lEcfU/kr ;kstuk ds 'kq) vkfLr ewY; ij gqvk gSA respective scheme. 2-8-3 'kwU; dwiu ck.Mksa dk ewY;kadu j[kko ykxr vFkkZr~ vfHkxzg.k 2.8.3 Zero coupon bonds are valued at carrying cost ie. ykxr rFkk ml ij vfHkxzg.k ds le; fo|eku nj ls izksn~Hkwr acquisition cost plus discount accrued at the rate fj;k;r ij fd;k x;k gSA cktkj ewY; ds lUnHkZ esa bu ck.Mksa dks prevailing at the time of acquisition. These bonds are marked to market with reference to market value. cktkj ewY; ij cgh [kkrs esa vafdr fd;k x;k gSA 3- vfxze vkSj mu ij izko/kku% 3. ADVANCES AND PROVISIONS THEREON: 3-1 vfxzeksa dk]s mpar C;kt] eqdnek nk;j fd;s x;s [kkrksa ls izkIr 3.1 Advances are shown net of Interest Suspense, amount fofo/k tek [kkrs esa j[kh jkf'k] lkof/k tek jlhn ds :i esa j[kh 0#'#(-#1 &%1 "#)1 (% :@(+ [)#1 :@%107 I#/2*(+*F J&06(% ekftZu jkf'k ¼lafnX/k@gkfudj [kkrksa ds ekeys esa½] xSj fu"iknd held in form of FDR (in case of doubtful/loss accounts), vkfLr;ksa ds fy, le;≤ ij Hkkjrh; fjtoZ cSad }kjk fuèkkZfjr Provisions have been made for Non Performing Advances foosdiw.kZ ekudksa ds vuq:i fd;s x;s izkoèkkuksa vkSj vuqnku vkjf{kr in accordance with the prudential norms prescribed by fuf/k ¼xSj fu"iknd vfxzeksa ij½ ?kVkdj fn[kk;k x;k gSA Reserve Bank of India from time to time and Subsidy Reserve Fund (on Non-performing advances). 3-2 Hkkjrh; fjtoZ cSad ds foosdiw.kZ ekudksa ds vuqlkj vfxzeksa dks 3.2 ?1-&%'#* &0# ')&**([#1 &* :+&%1&01F :@.K:+&%1&01F ekud] voekud] lafnX/k vkSj gkfudj vkfLr;ksa esa oxhZd`r fd;k Doubtful and Loss Assets as per prudential norms of x;k gS vkSj mu ds fy, Hkk-fj-cS- }kjk tkjh fn'kk&funsZ'kksa ds the Reserve Bank of India and Provision is made as per vuqlkj izko/kku fd;k x;k gSA guidelines issued by RBI. 4- vpy vkfLr;ka% !" #$%&'"())&*)+ vpy vkfLr;ksa dks mudh vof/kxr ykxr vk/kkj ij ys[ks esaa fy;k Fixed Assets are stated at their historical cost except x;k gS flok; dqN ifjljksa ds] ftudk iquewZY;kadu fd;k x;k certain Premises, which were revalued and are stated Fkk vkSj ftudk iquewZY;kafdr ewY; vuqeksfnr ewY;kadd ds }kjk at revalued amounts in accordance with the valuation nh x;h ewY;kadu fjiksVZ ds vuqlkj n'kkZ;k x;k gSA iquewZY;kadu report of the approved valuers. The surplus on account ds dkj.k vkbZ vfrfjDr jkf'k dks Þiwathxr vkjf{kr fuf/kß 'kh"kZ ds of revaluation stands credited to Revaluation Reserve vUrxZr ÞiquewZY;kadu izkjf{kr fuf/kß esa tek fd;k x;k gSA under the head “Capital Reserve”. 78 izeq[k ys[kk uhfr;ka !"#$"[&'$( )&&*+$("$# ,*-"&"./ 5- LVkQ fgr ykHk % 5. STAFF BENEFITS Contribution to recognized Gratuity Fund, Pension Fund ekU;rk izkIr xzsP;qVh dks"k] isa'ku fuf/k vkSj lafpr mikftZr NqfV~V;ksa and Provision for encashment of accumulated earned ds udnhdj.k ds fy, izko/kku dh x.kuk ,Dpwfj;y vk/kkj ij dh leaves are accounted for on actuarial basis. xbZ gSA 6. REVENUE RECOGNITION 6- vk; vfHkKku % 6.1 Income is recognized on accrual basis. In view of 6-1 vk; dh igpku izksn~Hkou vk/kkj ij dh xbZ gSA xSj fu"iknd uncertainty of realization in case of Non-Performing vfxzeksa vkSj fuos'kksa ds ekeys esa olwyh dh vfuf'prrk dks ns[krs Advances and Investments, such income is accounted gq, ,slh vk; dks olwyh gksus ij gh vk; esa fy;k x;k gSA for only on realization. 6-2 deh'ku ls vk; ¼cSad xkjUVh lfgr½] fofue; vkSj nykyh] 'kqYd] 6.2 Income from Commission (including bank guarantee), ykWdj ds fdjk;s vkSj vfrns; fcyksa ij C;kt dks izkfIr vkèkkj ij Exchange & Brokerage, Fees, Locker Rent and Interest gh vk; ds :i esa fy;k x;k gSA on Overdue Bills is taken on receipt basis. 7- ewY;gzkl% 7. DEPRECIATION 7.1 The depreciation has been charged on the basis of 7-1 ewY;àkl vkfLr;ksa ds mi;ksxh thou tSlk fd dEiuh vf/kfu;e] useful life of asset as prescribed in ‘Schedule II’ of the 2013 dh ßvuqlwph II * ¼ewY;àkflr ewY; ¼ WDV) ds vuqlkj½ esa Companies Act, 2013 (as per WDV Method) after taking fufnZ’V gS lEcfU/kr vkfLr;ksa dh ykxr ds 5 izfr'kr vof”k’V ewY; residual value @ 5% of the cost of the respective assets. dks ysus ds ckn vkfLr;ksa dh “ks’k mi;ksxh vof/k dks ysdj fd;k x;k During the current year, some of the assets have been gSA orZeku o"kZ es dqN lEifr;ks dk ewY;kdu vuqeksfnr ewY;kadd revalued on the basis of report of the approved valuer. ds fjiksVZ ds vk/kkj ij fd;k x;k gSA iquewZY;kadu ds dkj.k Hkwfe On account of revaluation, Land has been restated to dk ewY;kdu #i;k 156262854@& ¼#i;k 6172490@& ls ewY; `156262854/- (restated by an amount of `61712490/) and buildings have been revalued to 70616673.28 esa c 2- rqyui= esa lHkh vkadM+s Hkkjrh; gtkj #i;s esa n”kkZ;s x;s gSa flok; 2. !"" [$%&'( )* +,",*-' ./''0 ,&' 1&23)4'4 )* 5*4),* 6%1''( )* izfr “ks;j vk; ds ftls #i;s esa n”kkZ;k x;k gS A terms of thousands except EPS, which is shown in Rupees. 3- cgh larqyu vkSj lek/kku 3. BALANCING OF BOOKS AND RECONCILIATION: 3-1 dqN 'kk[kkvksa eas lgk;d cgh@rqyu cgh esa 'ks"k feyku ;k 3.1 Reconciliation of some debit / credit entries outstanding egkcgh esa rn~uq:i fu;a=d [kkrksa ls muds lek/kku dk dk;Z izxfr in various heads of accounts included in Inter ij gSA Branch Adjustments/ Clearing adjustments etc. are in progress. 3-2 mijksDr ogha larqyu@lekèkku@feyku dk dk;Z tks vHkh iwjk ugha 3.2 Pending completion of aforesaid reconciliation/matching, gS] fd ifj.kkeLo:i gksus okys lek;kstu dk [kkrksa ij izHkko the impact of consequential adjustments on the accounts is lqfuf'pr fd;s tkus ;ksX; ugha gSA not ascertainable. 4- vfxze 4. ADVANCES: 4-1 ekud vfxzeksa ds fy, fd, x, izko/kku rFkk izko/kku dh ml jkf'k 4.1 Provision made for Standard Advances and Provision esa ls tks Hkk-fj-cSa- ds foosdiw.kZ ekudksa ds vuqlkj visf{kr jkf'k ls made in excess of RBI prudential norms after meeting the vf/kd gS gkfudj vkfLr;ksa dh cV~Vs [kkrs Mkyh tkus okyh jkf'k dks write off of loss assets are included under the head “Other Liabilities and Provisions” except the accumulated balance de djds ÞvU; nkf;Ro vkSj micUèkß 'kh"kZ ds vUrxZr lfEefyr of ` 312.54 Lac up to the close of the year 1997-98 created fd;k x;k gS flok; vk;dj vf/kfu;e] 1961 dh /kkjk 36 ¼1½ ¼ vii under Section 36(1) (vii a) of the Income Tax Act, 1961, d½ ds vUrxZr o"kZ 1997&98 dh lekfIr rd dh :0 312-54 yk[k which is continued to be shown under the head “Reserve & dh lafpr jkf'k ds] ftls fujUrj Þvkjf{kfr;ka vkSj vf/k'ks"kß 'kh"kZ ds Surplus”. vUrxZr n'kkZ;k tk jgk gSA 4-2 Hkk0fj0cSa0 ds fn'kk&funsZ'kksa ds vuqlkj cgh _.k ds fo:) fd, x, 4.2 In accordance with guidelines issued by Reserve Bank of vfxzeksa dks ÞewrZ vkfLr;ksa }kjk izfrHkwrß 'kh"kZds vUrxZRk lfEefyr India, advances against book debts have been included fd;k x;k gS tks bULVhV~;wV vkQ pkVZMZ ,dkmUVSUV~l vkWQ bf.M;k under the head “Secured by Tangible Assets” which is not in line with guidance note issued by The Institute of Chartered }kjk fn, x, ekxZn'kZu uksV ds vuq:i ugha gSA Accountants of India. 5- djksa ds fy, izko/kku !" #$%&'('%)"*%$"+,-,+'%) : ,lSleSaV@vk;dj vf/kfu;e dh vihy ds fopkjk/khu ekeyksa ds In respect of pending cases of assessment /appeal under lEcU/k esa U;kf;d mn~?kks"k.kk vkSj@;k U;kf;d lykgdkj dh jk; The Income Tax Act, the provisions already made are, in ds vuqlkj igys ls gh fd, izko/kkuksa dks leqfpr ekuk x;k gSA view of judicial pronouncement and/ or counsel’s opinion, considered to be adequate. 6- Hkk0fj0cSa0 }kjk tkjh fn'kk funsZ'kksa ds vuqlkj fuEufyf[kr 6 In terms of guidelines issued by the RBI the following izdVhdj.k izLrqr fd, tk jgs gSa% disclosures are furnished: 80 [kkrksa ij fVIif.k;k¡ Notes on Accounts 6-1 iwath% 6.1 Capital: Ø- la- en@ Items pkyw o"kZ foxr o"kZ S. No. Current Year Previous Year csly& II @BASEL–II i) tksf[ke Hkkfjr ifjlEifr dh rqyuk esa iwath dk CRAR (%) 13.02% 15.75% vuqikr ¼izfr'kr½ ii) tksf[ke Hkkfjr ifjlEifr dh rqyuk esa iwath dk CRAR - Tier I capital (%) 12.54% 15.24% vuqikr & fV;j I iwath ¼izfr'kr½ iii) tksf[ke Hkkfjr ifjlEifr dh rqyuk esa iwath dk CRAR - Tier II Capital (%) 0.48% 0.51% vuqikr & fV;j II iwath ¼izfr'kr½ iv) jk"Vªh;d`r cSadksa esa Hkkjr ljdkj dh 'ks;j èkkfjrk Percentage of the shareholding of the Government of NA NA India in nationalized banks dk izfr'kr v) cSad vkWQ cM+kSnk dh 'ks;j /kkfjrk dk izfr'kr Percentage of Share holding of Bank of Baroda 98.57% 98.57% vi) fV;j II iwath ds :i esa fn, x, xkS.k _.k Amount of subordinated debt raised as Tier-II capital - - dh jkf'k csly& III @BASEL–III i) tksf[ke Hkkfjr ifjlEifÙk dh rqyuk esa iwath dk CRAR (%) 12.78% 15.69% vuqikr ¼izfr'kr½ ii) tksf[ke Hkkfjr ifjlEifÙk dh rqyuk esa fV;j& I CRAR - Tier I capital (%) 12.47% 15.25% iwath ¼izfr'kr½ iii) tksf[ke Hkkfjr ifjlEifÙk dh rqyuk esa fV;j& CRAR - Tier II Capital (%) 0.31% 0.44% II iwath ¼izfr'kr½ 6-2 fuos'k % 6.2 Investments: ¼:- djksM+ esa½@ (Rs in crore) Ø- la- pkyw o"kZ foxr o"kZ en@ Items S. No. Current Year Previous Year 1. fuos'kksa dk ewY; Value of investments (i) fuos'kksa dk ldy ewY; Gross value of investments ¼d½@ (a) Hkkjr esas In India 2109.63 1381.41 ¼[k½@ (b) Hkkjr ls ckgj Outside India 0.00 0.00 (ii) ewY;gzkl ds fy, izko/kku Provision for depreciation ¼d½@ (a) Hkkjr esas In India 5.15 0.00 ¼[k½@ (b) Hkkjr ls ckgj Outside India 0.00 0.00 (iii) fuos'kksa dk 'kq) ewY; Net value of investments ¼d½@ (a) Hkkjr esas In India 2104.48 1381.41 ¼[k½@ (b) Hkkjr ls ckgj Outside India 0.00 0.00 fuos'kksa ij ewY;gzkl ds fy, izko/kku esa Movement of provisions held towards 2. mrkj&p<+ko depreciation on investments (i) vFk'ks"k Opening Balance 0.00 1.08 (ii) tksM+sa % o"kZ ds nkSjku fd;k x;k izko/kku Add: Provisions made during the year 5.15 0.00 ?kVkb, % o"kZ ds nkSjku vfrfjDr izko/kku dh Less: Write off/Write back of excess provisions (iii) 0.00 1.08 cV~Vs [kkrs esa Mkyh xbZ@iqjkafdr jkf'k during the year (iv) bfr 'ks"k Closing Balance 5.15 0.00 81 [kkrksa ij fVIif.k;k¡ Notes on Accounts 6-2-1 fjiks ¼iqu% [kjhn½ ysu&nsu % 'kwU; 6.2.1 Repo Transactions : NIL 6-2-2 xSj ,l-,y-vkj- fuos'k lafoHkkx % 6.2.2 Non-SLR Investment Portfolio : 1- xSj ,l-,y-vkj- fuos'kksa ds fuxZedŸkkZvksa dk la?kVu 1. Issuer composition of Non SLR investments ¼:- djksM+ esa½@ (Rs in crore) ^bUosLVeSaV xzsM ls os izfrHkwfr;ka ^xSj lwphc)* Ø-la- jkf'k izkbosV LFkkiu@ uhps* dh izfrHkwfr;ka ftudh nj tkjhdrkZ@ Issuer izfrHkwfr;ka S. No. Amount Private Placement ‘Below investment fuèkkZfjr ugha gSaA Unlisted Grade' securities Unrated lkoZtfud {ks= ds miØe 1.08 1.08 0.00 0.00 0.00 (i) PSU (7.20) (7.20) (0.00) (0.00) (0.00) foŸkh; laLFkku 84.34 43.26 0.00 0.00 0.00 (ii) Financial Institutions (92.37) (51.29) (0.00) (0.00) (0.00) cSad 15.05 10.02 0.00 0.00 0.00 (iii) Banks (15.05) (10.02) (0.00) (0.00) (0.00) futh dEiuh 15.51 0.00 0.00 0.00 0.00 (iv) Private Corporate (15.51) (0.00) (0.00) (0.00) (0.00) lgk;d@la;qDr m|e 0.00 0.00 0.00 0.00 0.00 (v) Subsidiaries/Joint Ventures (0.00) (0.00) (0.00) (0.00) (0.00) vU; 270.10 0.00 0.00 0.00 0.00 (vi) Others (78.38) (0.00) (0.00) (0.00) (0.00) ewY;gzkl ds fy, izko/kku 5.15 0.00 0.00 0.00 0.00 (vii) Provisions held for depreciation (0.00) (0.00) (0.00) (0.00) (0.00) 386.08 54.36 0.00 0.00 0.00 tksM+@ Total (208.50) (68.51) (0.00) (0.00) (0.00) uksV% dks"Bd esa nh xbZ la[;k,a foxr o"kZ dh la[;kvksa dks n'kkZrh gSaA )./01"*234506"27"859:;0/"27<2:9/06"=50>2.46"?095@6"[34506! 2- vutZd gks x;s xSj ,l-,y-vkj- fuos'k & 2. Non performing Non-SLR investments – ¼:- djksM+ esa½@ (Rs in crore) fooj.k@ Particulars pkyw o"kZ @Current Year foxr o"kZ@ Previous Year vFk 'ks"k@ Opening Balance 0.00 0.00 o"kZ ds nkSjku o`f) ¼1 vizSy] 2016 ls 31 ekpZ] 2017 rd½ 0.00 0.00 Addition during the year(since 1 st April 2016 to 31 st March 2017) mijksDr vof/k ds nkSjku deh@ Reductions during the above period 0.00 0.00 bfr 'ks"k@ Closing balance 0.00 0.00 ldy izko/kku@ Total provisions held 0.00 0.00 82 [kkrksa ij fVIif.k;k¡ Notes on Accounts 6-3 O;qRiUu % 'kwU; 6.3 Derivatives : NIL 6-4-1 vutZd vkfLr;ka & 6.4.1 Non-Performing Asset – ¼:- djksM+ esa½@ (Rs in crore) Ø- la- en@ Items pkyw o"kZ foxr o"kZ S. No. Current Year Previous Year (i) 'kq) vfxze esa 'kq) xS-fu-v- ¼izfr'kr½ Net NPAs to Net Advances (%) 1.25 1.05 (ii) xS-fu-v- ¼ldy½ esa mrkj&p<+ko Movement of NPAs (Gross) d@ a vFk'ks"k Opening balance 121.04 *77.41 [k@ b o"kZ ds nkSjku ifjo/kZu Additions during the year 87.48 57.54 x@ c o"kZ ds nkSjku deh Reductions during the year 44.25 15.58 ?k@ d bfr 'ks"k Closing balance 164.27 *119.37 (iii) 'kq) xS-fu-v- esa mrkj&p<+ko Movement of Net NPAs d@ a vFk'ks"k Opening balance 27.73 0.00 [k@ b o"kZ ds nkSjku ifjo/kZu Additions during the year 11.78 27.73 x@ c o"kZ ds nkSjku deh Reductions during the year 0.00 0.00 ?k@ d bfr 'ks"k Closing balance 39.51 27.73 xS-fu-v- ds fy, izko/kku esa mrkj&p<+ko ¼ekud Movement of provisions for NPAs (iv) vkfLr;ksa ds fy, izko/kku dks NksM+dj½ (excluding provisions on standard assets) d@ a vFk'ks"k ** Opening balance** 89.14 77.41 [k@ b o"kZ ds nkSjku fd, x, izko/kku Provisions made during the year 29.52 11.82 vfrfjDr izko/kku dh cV~Vs [kkrs esa Mkyh x;h@ x@ c Write-off/ write-back of excess provisions 0.66 0.09 izfrysf[kr dh xbZ jkf'k ?k@ d bfr 'ks"k ** Closing balance ** 118.00 89.14 *mpar C;kt dh jkf'k dks ?kVkdj vkbZ jkf'k *Amount is net of interest suspense ** bl jkf'k esa vLFkkbZ izko/kku lEefyr gSA BB",C.47/"27:D4<06"\.9/273"=5.>262.7 83 [kkrksa ij fVIif.k;k¡ Notes on Accounts 6-4-2 iquxZBu ds vk/khu _.k vkfLr;ksa dk fooj.k ¼2015&16½ 6.4.2 Details of Loan Assets subjected to Restructuring (2015-16) dEiuh _.k iquxZBu rU= ds Yk?kq] lw{e m|ksx _.k iquxZBu Ø- iquxZBu dk izdkj vUrxZr ra= ds vUrxZr vU;@ Others ;ksx@ Total la- Types of Restructure Under CDR Mechanism Under SME Debt Rest.Mech Sr. vkfLr oxhZ-@ Asset Clss. Ekk- voek- Lak- gkfu- ;ksx- Ekk- voek- Lak- gkfu- ;ksx Ekk- voek- Lak- gkfu- ;ksx Ekk- voek- Lak- gkfu- ;ksx No. fooj.k@ Details St Ss D Lo Tot St SS D Lo Tot St SS D Lo Tot St SS D Lo Total m/kkjdrkZvksa dh la[;k 472 12 - - 484 472 12 - - 484 No.of Borr. Ckdk;k jkf'k 37.37 37.37 + 01&04&2015 dks iquxZfBr [kkrs 1. Amt. +5.91*= 0.05 - - 43.33 5.91 = 0.05 - - 43.33 Rest. a/c as on 1.04.2015 O/St 43.28 43.28 izko /kku 2.09 0.01 - - 2.10 2.09 0.01 - - 2.10 Prov. m/kkjdrkZvksa dh la[;k 8 - - - 8 8 - - - 8 No.of Borr. o"kZ ds nkSjku u;s iquxZfBr [kkrs Ckdk;k jkf'k 2. Fresh. Rest. During The Year Amt. 0.59 - - - 0.59 0.59 - - - 0.59 O/St izko /kku Prov. 3 mPphdj.k 0.02 0.02 0.02 0.02 NIL NIL ------Upgradation (03) (03) (03) (03) iquxZ-ek-vk-ftuds fy, cM+s izko/ No.of Borr. 77 - 77 77 - - - 77 kku dh vkSj@;k fo-o- dh lek- - fIr ij tksf[ke Hkkj tksM+us dh vko';drk ugha gS vr% mUgsa vkxkeh foRrh; o"kZ dh 'kq#vkr Amt. O/St 7.24 - - 7.24 7.24 - - - 7.24 ij iquxZ-ds #i esa n'kkZus dh 4 vko';drk ugha gSA Rest. St. Adv.which cease to attract higher prov.and or add. Risk weight at the end of the Prov. FYand hence need not be shown as rest.St. adv.at the beg. Of next FY m/kkjdrkZvksa dh foRrh; o"kZ ds nkSjku iquxZ- [kkrksa 138 5. la[;k 127 7 4 138 127 7 4 dk Lrj fuEurj gksuk No. of Borro. Downgrading of rest. a/cs during the FY Ckdk;k jkf'k 6.67 0.06 0.04 6.77 6.67 0.06 0.04 6.77 Amt. O/S o"kZ ds nkSjku cV~Vs [kkrs Mkys 6 x;s iquxZ- [kkrs NIL Write off rest. a/cs during the year m/kkjdrkZvksa dh la[;k - 285 127 7 4 423 285 127 7 4 423 No. of Borro. 31-03-2016 dks iquxZZ-[kkrs Ckdk;k jkf'k 7 21.98 6.36 0.09 0.04 28.47 21.98 6.36 0.09 0.04 28.47 Rest. a/cs as on 31.03.16 Amt. O/S izko /kku 1.79 0.95 0.05 0.04 2.83 1.79 0.95 0.05 0.04 2.83 Prov. uksV% dqN 'kk[kkvksa us xSjbjknru 2014&15 esa dqN iquZxfBr [kkrksa ftudk vf/k'ks"k yxHkx #- 5-91 djksM+ gS iquZxfBr iksVZQksfy;ks esa 'kkfey ugha fd;k gS tks vc 'kkfey dj fy;k x;k gS blds izHkko Lo#i 31&03&2016 dks ekud [kkrksa dh la[;k esa vUrj vk;k gSA ftlesa ystj gksVYl fyfeVsM ftldk vf/k'ks"k #- 3-15 djksM+ gS vkSj tks Hkkjrh; fjtoZ cSad ds ,,QvkbZ esa tqykbZ] 2015 esa izdk'k esa vk;k FkkA NOTE: A few of the branches had inadvertently left from reporting accounts which were restructured during FY 2014-15 having aggregate O/s bal- ance of appx. ` 5.91 Crore in the restructured portfolio of the Bank which have been now accounted for and as a result of this, there is difference in the number of standard accounts as on 31.03.2016. This includes an amount of Leisure Hotels Ltd. Having O/s balance ` 3.15 crores which was detected during AFI of RBI in July 2015. 84 [kkrksa ij fVIif.k;k¡ Notes on Accounts 6-4-2 iquxZBu ds vk/khu _.k vkfLr;ksa dk fooj.k ¼2016&17½ 6.4.2 Details of Loan Assets subjected to Restructuring (2016-17) dEiuh _.k iquxZBu rU= ds Yk?kq] lw{e m|ksx _.k iquxZBu Ø- iquxZBu dk izdkj vUrxZr ra= ds vUrxZr vU;@ Others ;ksx@ Total la- Types of Restructure Under CDR Mechanism Under SME Debt Rest.Mech Sr. vkfLr oxhZ-@ Asset Clss. Ekk- voek- Lak- gkfu- ;ksx- Ekk- voek- Lak- gkfu- ;ksx Ekk- voek- Lak- gkfu- ;ksx Ekk- voek- Lak- gkfu- ;ksx No. fooj.k@ Details St Ss D Lo Tot St SS D Lo Tot St SS D Lo Tot St SS D Lo Total m/kkjdrkZvksa dh la[;k 285 127 7 4 423 285 127 7 4 423 No.of Borr. Ckdk;k jkf'k 01&04&2016 dks iquxZfBr [kkrs 1. Amt. 21.98 6.36 0.09 0.04 28.47 21.98 6.36 0.09 0.04 28.47 Rest. a/c as on 1.04.2016 O/St izko /kku 1.79 0.95 0.05 0.04 2.83 1.79 0.95 0.05 0.04 2.83 Prov. m/kkjdrkZvksa dh o"kZ ds nkSjku u;s iquxZfBr [kkrs la[;k Nil Nil NIL Nil No.of Borr. Fresh. Rest. Ckdk;k jkf'k 2. During Amt. ------The O/St Year izko /kku Prov. 3 mPphdj.k NIL NIL Upgradation iquxZ-ek-vk-ftuds fy, cM+s iz- No.of Borr. 277 127 7 4 415 277 127 7 4 415 koèkku dh vkSj@;k fo-o- dh lekfIr ij tksf[ke Hkkj tksM+us dh vko';drk ugha gS vr% mUgsa Amt. O/St 21.39 6.36 0.09 0.04 27.88 21.39 6.36 0.09 0.04 27.88 vkxkeh foRrh; o"kZ dh 'kq#vkr ij iquxZ-ds #i esa n'kkZus dh 4 vko';drk ugha gSA Rest. St. Adv.which cease to attract higher prov.and or add. Risk weight at the end of the Prov. 1.73 0.95 0.05 0.04 2.77 1.73 0.95 0.05 0.04 2.77 FYand hence need not be shown as rest.St. adv.at the beg. Of next FY 5. foRrh; o"kZ ds nkSjku iquxZ- [kkrksa dk Lrj fuEurj gksuk NIL Downgrading of rest. a/cs during the FY o"kZ ds nkSjku cV~Vs [kkrs Mkys 6 NIL x;s iquxZ- [kkrs NIL Write off rest. a/cs during the year m/kkjdrkZvksa dh 08 - - - 08 08 - - - 08 la[;k - No. of Borro. 31-03-2017 dks iquxZZ-[kkrs Ckdk;k jkf'k 7 0.62 0.62 0.62 0.62 Rest. a/cs as on 31.03.17 Amt. O/S izko/kku 0.06 0.06 0.06 0.06 Prov. 6-4-3 vkfLr;ksa dh iqul±jpuk ds fy, % 'kwU; " F!G!H"" I0/92D6".J"[797:29D"9660/6"6.D<"/." 1" )'K flD;wfjVkbZts'ku@ iqufuZekZ.k dEiuh Securitisation/Reconstruction dks csph xbZ foÙkh; vkfLr;ksa dk fooj.k Company for Asset Reconstruction 6-4-3 ¼d½ [kjhnh@csph xbZ xSj fu"iknd% 'kwU; 6.4.3 (a) Details of non performance : NIL foÙkh; vkfLr;ksa dk fooj.k " " " " " [797:29D"9660/6"=45:L9606M6.D<" " 6-4-4 ekud vkfLr;ksa ds fy, izko/kku 6.4.4 Provisions on Standard Asset ¼:- djksM+ esa½@ (Rs in crore) pkyw o"kZ foxr o"kZ en@ Item Current Year Previous Year ekud vkfLr;ksa ds fy, izko/kku@ Provisions towards Standard Assets 12.45 11.49 85 [kkrksa ij fVIif.k;k¡ Notes on Accounts 6-4-5 foÙkh; o"kZ 2016&17 ds fy, vLFkkbZ izko/kku 6.4.5 Floating Provisions for Financial year 2016-17 ¼:- djksM+ esa½@ (Rs in crore) en@ Item pkyw o"kZ@ Current Year foxr o"kZ@ Previous Year d½ vLFkkbZ izko/kku [kkrs esa vFk'ks"k 40.77 40.77 ,7 81'*)*$ 9,",*-' )* 0/' \2,0)*$ 1&23)()2*( ,--2%*0 [k½ ys[kk o"kZ esa fd;s x;s vLFkkbZ izkoèkku dh ek=k 12.15 0.00 97 ;/' <%,*0%= 2> \2,0)*$ 1&23)()2* =,4' )* 0/' ,--2%*0)*$ ?',& x½ ys[kk o"kZ esa fd;s x;s vkgj.k }kjk fxjkoV dh jkf'k 0.00 0.00 c) Amount of draw down made during the accounting year* ?k½ vLFkkbZ izko/kku [kkrs esa bfr 'ks"k 52.92 40.77 47 @"2()*$ 9,",*-' )* 0/' \2,0)*$ 1&23)()2* ,--2%*0 6-4-6 izko/kku lqj{kk vuqikr 6.4.6 Provisioning Coverage Ratio pkyw o"kZ@ Current Year foxr o"kZ@ Last Year ldy izko/kku@ldy ,u-ih-,-@ Total Provision/Total NPA 118.00/164.27 89.14 /119.37 71.83% 74.67% cSad us 31 ekpZ] 2017 dks ldy ,u-ih-,- ds fy, 71-83 izfr'kr izko/kku lqj{kk vuqikr j[kk tcfd Hkk-fj-cSa- us blds fy, 70 izfr'kr dk ekud fuèkkZfjr fd;k gSA blfy, 'kq) ,u-ih-,- #- 39-51 djksM+ gSA ldy izko/kku esa #- 52-92 djksM+ dk vLFkkbZ izko/kku lfEefyr gSA The bank has achieved Provisioning Coverage Ratio of 71.83% as against the stipulated RBI provision coverage ratio norm of 70% with reference to the gross NPAs as at 31 st March, 2017. Hence the net NPAs stands at ` ABCDE @&2&' C;20," 1&23)()2* )*-"%4'( \2,0 - ing provision amounting to ` 52.92 crore. 6-4-7 vkfLr;ksa oxhZdj.k vkSj izksfotÇux esa fopyu ¼vkjchvkbZ ifji= No.DBR.BP.BC.No.63 / 21.04.18 / 2016-17 vizSy 18.2017: 'kwU; FCGCH I)3'&$'*-' )* 0/' !(('0( @",(()[-,0)2* ,*4 J&23)()2*)*$K6+5 @)&-%",& L2CI+6C+JC+@CL2CFAMNECOGCEPMNOEFQEH 4,0'4 !1&)" 18,2017): NIL 6-5 O;kolkf;d vuqikr 6.5. Business Ratio Ø-la- pkyw o"kZ ¼izfr'kr½ foxr o"kZ ¼izfr'kr½ en@ Item Sr. No. Current Year (%) Previous Year (%) i. dk;Zdkjh fuf/k esa C;kt ls vk; dk izfr'kr 8.47% 9.14% Interest Income as a percentage to Working Funds ii. dk;Zdkjh fuf/k esa xSj C;kt ls vk; dk izfr'kr 0.79% 0.49% Non-interest income as a percentage to Working Funds iii. dk;Zdkjh fuf/k esa ifjpkyu ykHk dk izfr'kr 1.66% 1.42% 81'&,0)*$ J&2[0 ,( , 1'&-'*0,$' 02 R2&S)*$ T%*4( iv. vkfLr;ksa ls izkfIr dk izfr'kr@ Return on Assets 0.73% 0.80% v. izfr deZpkjh O;olk; ¼tek vkSj vfxze] cSad tek dks NksM+dj½ ¼:0 djksM+ esa½ 12.71 10.78 Business (Deposits plus Advances excluding Bank deposits) per employee (` in crore) vi. izfr deZpkjh ykHk ¼:0 djksM+ esa½ 0.07 0.07 J&2[0 1'& '=1"2?'' K` in crore) 86 [kkrksa ij fVIif.k;k¡ Notes on Accounts 6-6 vkfLr ns;rk izcU/ku ¼,-,y-,e-½ 6.6 Asset Liability Management (ALM) vkfLr;ksa vkSj ns;rkvksa ds dqN enksa dh ifjiDork i)fr ds vkadMs+ uhps fn;s x;s gSa ¼;s vkadM+s izcU/ku }kjk ladfyr fd, x, gSa rFkk mu ij ys[kk ijh{kdksa }kjk fo'okl fd;k x;k gSA½ Maturity pattern of certain items of assets and liabilities (as compiled by the management and relied upon by the Auditors) are as under: ¼:- djksM+ esa½@ (Rs in crore) ns;rk,a tek@ vfxze@ fuos'k@ m/kkj@ fons'kh eqnzk vkfLr;ka fons'kh eqnzk ns;rk,a Deposits Foreign Currency Foreign Currency Liabilities Advances Investments Borrowings assets liabilities 1 fnu@ 35.75 39.79 310.19 0.00 0.00 0.00 1 day (24.49) (29.52) (30.00) (0.00) (0.00) (0.00) 2 ls 7 fnu rd@ 159.83 103.04 89.14 0.00 0.00 0.00 2 to 7 days (134.74) (83.11) (9.53) (0.00) (0.00) (0.00) 8 ls 14 fnu rd@ 169.52 112.92 74.06 0.00 0.00 0.00 8 to 14 days (133.18) (96.73) (0.00) (0.00) (0.00) (0.00) 15 ls 30 fnu rd@ 178.57 247.88 392.13 0.00 0.00 0.00 15 to 30 days (72.23**) (194.04**) (0.00**) (0.00**) (0.00**) (0.00**) 31 fnu ls vf/kd vkSj 2 ekg rd@ 223.99 116.36 126.60 0.00 0.00 0.00 %>05"HN"<9?6"O"4="/."P"C.7/L6" (*) (*) (*) (*) (*) (*) 2 ekg ls vf/kd vkSj 3 ekg rd@ 347.10 122.00 110.80 0.00 0.00 0.00 %>05"P"C.7/L6"O"4="/."H"C.7/L6" (471.55**) (200.39**) (287.58**) (0.00**) (0.00**) (0.00**) 3 ekg ls vf/kd vkSj 6 ekg rd@ 976.31 131.26 19.67 0.00 0.00 0.00 %>05"H"C.7/L6"O"4="/."F"C.7/6 (826.89) (83.09) (0.00) (0.00) (0.00) (0.00) 6 ekg ls vf/kd vkSj 1 o"kZ rd@ 2150.68 127.55 18.69 0.00 0.00 0.00 %>05"H"C.7/L6"O"4="/."N"?095 (1539.78) (102.35) (89.07) (0.00) (0.00) (0.00) 1 o"kZ ls vf/kd vkSj 3 o"kZ rd@ 2518.33 1684.78 164.35 0.00 0.00 0.00 %>05"N"?095"O"4="/."H"?0956" (2033.23) (1399.80) (84.03) (0.09) (0.00) (0.00) 3 o"kZ ls vf/kd vkSj 5 o"kZ rd@ 75.99 244.70 86.11 0.00 0.00 0.00 %>05"H"?0956"O"4="/." "?0956" (62.24) (215.00) (84.72) (0.00) (0.00) (0.00) 16.72 277.92 712.74 0.00 0.00 0.00 5 o"kZ ls vf/kd@ Over 5 years (12.26) (282.05) (796.48) (0.03) (0.00) (0.00) dqy@ 6852.79 3208.20 2104.48 0.00 0.00 0.00 Total (5310.59) (2686.08) (1381.41) (0.12) (0.00) (0.00) *fiNys lky ds vkadM+s 31 fnu ls 2 ekg rd ugha fn[kk, x, gSa D;ksafd fjtoZ cSad ds ifji= 23 ekpZ 2016 ds vuqlkj czSdsV cny fn;k x;k gSA UQJ&'3)2%( ?',&R( [$%&'( ,&' *20 (/2W* )* AE 4,?( %102 N =2*0/ ,( 9%-S'0)*$ )( -/,*$'4 ,( 1'& 6+5 -)&-%",& 4,0'4 NA&4 =,&-/ NOEFC ** foxr o"kZ ds vkadM+s iqjkuh bucketing ds vuqlkj gSA UUQ J&'3)2%( ?',&R( [$%&'( ,&' ,( 1'& 2"4 9%-S'0)*$ C uksV % dks"Bd esa fn, x, vkadM+sa foxr o"kZ ds vkadM+ksa dks n'kkZrs gSa L20'X T)$%&'( )* 9&,-S'0 )*4)-,0'( 1&'3)2%( ?',& [$%&'( 87 [kkrksa ij fVIif.k;k¡ Notes on Accounts 6-7 laosnu'khy {ks= dks m/kkj 6.7 Lending to Sensitive Sector 6-7-1 Hkwfe Hkou {ks= dks _.k 6.7.1 Exposure to Real Estate Sector ¼:- djksM+ esa½@ (Rs in crore) Ø-la- pkyw o"kZ foxr o"kZ Js.kh@ Category S. No. Current Year Previous Year d½@ A) izR;{k _.k Direct exposure i) vkoklh; ca/kd& vkoklh; lEifÙk tks mèkkj Residential Mortgages – Lending fully 340.86* 357.72* dÙkkZ ds dCts esa gS ;k gksxh ;k mlds }kjk secured by mortgages on residential property (207.99) (202.27) fdjk;s ij nh xbZ gS dks ca/kd cukdj iwjh rjg that is or will be occupied by the borrower lqjf{kr mèkkj ¼izkFkfedrk izkIr {ks= ds vUrxZr or that is rented; (Individual housing loans oxhZd`r O;fDrxr vkokl _.k vkj-ch-vkbZ- ds fn'kk&funsZ'kksa ds vuqlkj vyx ls fn[kk;k tk !"##$[&'( "#( )*$+*$,-( .& ,+*( "#( /&*( 012( ldrk gS½ guidelines may be shown separately) ii) O;kikfjd Hkwfe Hkou& O;kikfjd Hkwfe Hkou Commercial Real Estate– Lending secured 160.70** 195.45** ¼dk;kZy; Hkou] [kqnjk txg] cgq mn~ns'kh; by mortgages on commercial real estates O;kikfjd ifjlj] vusd ifjokjksa ds vkoklh; 3+4[ &(56$!'$78#9(*&,"$!(#/" &9(:6!,$;/6*/+#&( commercial premises, multi-family residential Hkou] vusd O;fDr;ksa dks fdjk;s ij fn;s x;s buildings, multi-tenanted commercial O;kolkf;d Hkou] m|ksx ;k xksnke ds fy, txg] premises, industrial or warehouse space, gksVy] Hkwfe ij dCtk] fodkl vkSj lajpuk vkfn½ hotels, land acquisition, development and dks ca/kd cukdj iwjh rjg lqjf{kr _.kA _.k construction, etc.). Exposure would also esa xSj fufèk vk/kkfjr lhek,a Hkh lfEefyr gksaxhA include non-fund based (NFB) limits; iii) ca/kd ls lefFkZr izfrHkwfr;ksa esa fuos'k rFkk vU; izfrHkwr Investments in Mortgage Backed Securities (MBS) _.k & and other securitised exposures – ¼v½ vkoklh; a. Residential, 0.00 0.00 ¼c½ O;kikfjd Hkwfe Hkou b. Commercial Real Estate. 0.00 0.00 [k½@ B) vizR;{k _.k Indirect Exposure jk"Vªh; vkokl cSad vkSj vkokl foÙkh;u dEifu;ksa dks Fund based and non-fund based exposures 0.00 0.00 fuf/k vkèkkfjr vkSj xSj fuf/k vk/kkfjr _.kA on National Housing Bank (NHB) and Housing Finance Companies (HFCs) Hkwfe Hkou {ks= dks dqy _.k Total Exposure to Real Estate Sector 501.56 553.17 *blesa LVkQ dks fn, x, vkokl _.kksa dh jkf'k lfEefyr gSA *include staff housing loans. ** blesa okf.kfT;d Hkwfe Hkou {ks= dks _.k lEefyr gS& **Exposure to Commercial Real Estate includes & fuf/k vk/kkfjr _.k :- 151-46 djksM++ -Funded Exposure ` 151.46 crore & xSj fuf/k vk/kkfjr _.k :- 9-24 djksM+ -Non Funded Exposure ` 9.24 crore 6-7-2 iawth cktkj esa ,Dlikstj ¼_.k½ 6.7.2 Exposure to Capital Market ¼:- djksM+ esa½@ (Rs in crore) Ø-la- pkyw o"kZ foxr o"kZ fooj.k@ Particulars S. No. Current year Previous Year i) bfDoVh 'ks;j] ifjorZuh; ckaMksa] ifjorZuh; fMcsapjksa rFkk direct investment in equity shares, convertible 0.00 0.00 bZfDoVh mUeq[k E;qP;qvy QaMksa dh ;wfuVksa esa izR;{k fuos'k bonds, convertible debentures and units of ftudh laiw.kZ jkf'k dsoy daiuh _.k esa fuosf'kr ugha gSA equity-oriented mutual funds the corpus of which is not exclusively invested in corporate debt; ii) 'ks;jksa ¼vkbZ-ih-vks-@bZ-,l-vks-ih- lfgr½] ifjorZuh; ckaMksa] advances against shares/bonds/ debentures or ifjorZuh; fMcSpjksa] rFkk bZfDoVh mUeq[k E;qP;qvy QaMksa other securities or on clean basis to individuals dh ;wfuVksa esa fuos'k djus ds fy, O;fDr;ksa dks 'ks;jksa@ for investment in shares (including IPOs/ESOPs), ckaMkas@fMacsapjksa vFkok vU; izfrHkwfr;ksa dh tekur ij convertible bonds, convertible debentures, and vFkok cstekurh vk/kkj ij vfxze units of equity-oriented mutual funds; iii) fdlh vU; iz;kstuksa ds fy, vfxze tgka 'ks;j vFkok advances for any other purposes where shares ifjorZuh; ckaM vFkok ifjorZuh; fMcsapj vFkok bZfDoVh or convertible bonds or convertible debentures or mUeq[k E;qP;qvy QaMksa dh ;wfuVksa dks izkFkfed tekur ds units of equity oriented mutual funds are taken as :i esa fy;k tkrk gS primary security; 88 [kkrksa ij fVIif.k;k¡ Notes on Accounts Ø-la- pkyw o"kZ foxr o"kZ fooj.k@ Particulars S. No. Current year Previous Year iv) fdUgha vU; iz;kstuksa 'ks;jksa vFkok ifjorZuh; ckaMksa vFkok advances for any other purposes to the extent ifjorZuh; fMcsapjksa vFkok bZfDoVh mUeq[k E;qP;qvy QaMks secured by the collateral security of shares or convertible bonds or convertible debentures dh ;wfuVksa leFkZd tekur }kjk jf{kr fgLls dh lhek or units of equity oriented mutual funds i.e. rd vFkkZr~ tgka 'ks;jksa@ifjorZuh; ckaMksa@ifjorZuh; where the primary security other than shares/ fMcsapjksa@bZfDoVh mUeq[k E;qP;qvy QaMksa dh ;wfuVksa ls convertible bonds/convertible debentures/units brj izkFkfed tekur vfxzeksa dks iw.kZr% doj ugha djrh] of equity oriented mutual funds `does not fully ds fy, vfxze cover the advances; v) secured and unsecured advances to stockbrokers LVkWd nykyksa dks tekurh rFkk cstekurh vfxze rFkk and guarantees issued on behalf of stockbrokers LVkWd nykyksa rFkk ekdsZV esdjksa dh vksj ls tkjh xkjafV;ka and market makers; vi) loans sanctioned to corporate against the security lalk/ku tqVkus dh izR;k'kk esa ubZ daifu;ksa dh bZfDoVh esa of shares / bonds/debentures or other securities izorZd ds va'knku dks iwjk djus ds fy, 'ks;jksa@ckaMksa@ or on clean basis for meeting promoter’s fMcsapjksa vFkok vU; izfrHkwfr;ksa dh tekur ij vFkok contribution to the equity of new companies in fcuk tekur ds daifu;ksa dks eatwj fd, x, _.k anticipation of raising resources; vii) visf{kr bZfDoVh izokgksa@fuxZeksa dh tekur ij daifu;ksa bridge loans to companies against expected dks fn, x, rkRdkfyd ¼fczt½ _.k &A6$,-(\+B#C$##6&#D viii) underwriting commitments taken up by the 'ks;jksa@ifjorZuh; ckaMksa vFkok ifjorZuh; fMcsapjksa vFkok banks in respect of primary issue of shares or bZfDoVh mUeq[k E;qP;qvy QaMksa dh ;wfuVksa ds izkFkfed convertible bonds or convertible debentures or fuxZe ds laca/k esa cSadksa dh gkehnkjh izfrc)rk,a units of equity oriented mutual funds; ix) ekftZu VsªfMax ds fy, LVkWd nykyksa dks foÙkiks"k.k [7"7 $78(,+(#,+ ?5*+?&*#(4+*(:"*8$7(,*"'$78D x) tksf[ke iwath fuf/k;ksa ¼iathd`r rFkk iathd`r u fd, x, all exposures to Venture Capital Funds (both nksuksa½ esa lHkh ,Dlikstj registered and unregistered) iawth cktkj esa dqy ,Dlikstj ¼_.k½ Total Exposure to Capital Market 0.00 0.00 6-7-3 tksf[ke dh Js.khokj fdlh ns'k dks _.k % 'kwU; 6.7.3 Risk Category wise Country Exposure : NIL 6-7-4 _.k dk fooj.k tgka cSad us O;fDrxr@lewg mèkkjdrkZ ds 6.7.4 Details of Single Borrower Limit (SBL), Group fy;s ;Fkksfpr m/kkj lhek dk mYya?ku fd;k % Borrower Limit (GBL) exceeded by the bank . cSad us fdlh O;fDrxr] lewg [kkrs ds fy;s foosd lEer _.k The Bank has not exceeded the prudential limits in respect of any individual, group account. lhek dk mYya?ku ugha fd;kA 6.7.5 Unsecured Advances 6-7-5 xSj tekurh vfxze For determining the amount of unsecured advances vuqlwph 9 esa n'kkZ;s x;s xSj tekurh vfxzeksa dh jkf'k fuf'pr *&\& ,&'( $7( . =&'6!&( >9( ,=&( *$8=,#9( !$ &7# ( djus ds fy, cSad }kjk foÙkiksf"kr ifj;kstukvksa ¼lajpukRed authorizations, etc., charged to the bank as collateral ifj;kstukvksa lkfgr½ esa vf/kdkj] ykbZlSal] vfèkdj.k vkfn tks cSad in respect of projects (including infrastructure projects) esa leFkZd tekur ds :i esa gSa dks xkspj izfrHkwfr ds :i esa ugha [7"7 &'(5-(5"7?9(="@&(7+,(5&&7(*& ?+7&'("#(,"78$5!&( fxuk x;k gSA blfy, ,sls vfxzeksa dks vlqjf{kr ekuk x;k gSA ,slk security. Hence such advances have been reckoned as dksbZ vfxze ugha gS ftlds fy, vxkspj izfrHkwfr tSls & vf/kdkjksa unsecured. Moreover, there is no amount of advance ij izHkkj] ykblSal] vf/kdkj vkfn dks flD;ksfjVh ds :i esa j[kk for which intangible securities such as charge over the x;k gksA rights, licenses, authority, etc has been considered. 6-8 fofo/k 6.8 Miscellaneous 6-8-1 o"kZ ds nkSjku vk; dj ds fy, fd, x, izko/kku dh 6.8.1 Amount of Provisions made for Income-tax during the jkf'k year; ¼:0 djksM+ esa½ (` in crore) pkyw o"kZ foxr o"kZ Current Year Previous Year vk;dj ds fy, izko/kku 27.01 19.55 Provision for Income Tax 27.01 19.55 89 [kkrksa ij fVIif.k;k¡ Notes on Accounts 6-8-2 Hkk0fj0cSa0 }kjk yxk;s x;s vFkZn.M dk izdVhdj.k % 6.8.2 Disclosure of Penalties imposed by RBI : :i;s 4956@&¼lh vkj vkj ds j[kj[kko esa pwd½ Rs 4956/-(default in maintaining CRR) 7- ys[kk ekudksa ds vuqlkj izdVhdj.k ¼tgk¡ Hkk-fj-cSa- us fn'kk 7. Disclosure as per Accounting Standards (where RBI funsZ'k tkjh fd;s gSaA½ has issued guidelines) 7.1 Adoption of AS-15(R): 7-1 ys-ek-&15 ¼la'kks-½ dks vaxhdkj djuk % cSad us 1 vizSy] 2007 ls vkbZlh,vkbZ }kjk tkjh ys[kk ekud 15 ¼laaa½ & The Bank has adopted Accounting Standard 15 (R) - Employees deZpkjh fgrykHk dks vaxhdkj fd;k gSA 1&7&[,#9($##6&'(5-(2EF2(BG&G4G(H#,(F/*$!9(IJJKG 1- isa'ku 1. Pension Hkkjrh; thou chek fuxe] ctkt ,yk,Ul] ykbZQ bU';ksjSUl da- The fund is managed by Life Insurance Corporation of India, fy-] vkbZ-lh-vkbZ-lh-vkbZ- iwzMSfU'k;y ykbZQ bU';ksjSUl d-fy-] bf.M;k Bajaj Allianz Life Insurance Co. Ltd., ICICI Prudential Life QLVZ ykbZQ bU';ksjSUl d-fy-] ,l-ch-vkbZ- ykbZQ bU';ksjSUl d-fy-] Insurance Co. Ltd., India First Life Insurance Co. Ltd, SBI ,p-Mh-,Q-lh- LVsUMMZ ykbQ bU';ksjsaUl dEiuh fy-] fjykbUl ykbZQ Life Insurance Co. Ltd., HDFC Standard Life Insurance bU';ksjssaUl dEiuh fy- vkSj vkbZMhchvkbZ QSMjy ykbQ bU';ksjSal Company Limited, Reliance Life Insurance Company Limited and IDBI Federal Life Insurance Co. Ltd. The Bank dEiuh fyfeVsM bl fuf/k ds izcU/ku dk dk;Z djrs gSaA cSad isa'ku charges the annual contribution towards pension fund to QaM dks okf"kZd ;ksxnku] ykHk vkSj gkfu [kkrs ls nsrk gSA cSad viuh $,#()*+[,(L(M+##(F +67,G(N=&(1"7?('+&#(7+,(*& +87$O&(,=&( cgh esa vkfLr vkSj ns;rk dk vfHkKku ugha djrk gSA fuf/k dk izcèku asset and liability in its books. The fund is managed by a ,d vyx ekU;rk izkIr U;kl }kjk fd;k tkrk gSA separate recognized Trust. 2- NqV~Vh udnhdj.k 2. Leave encashment bl fuf/k dk izcU/ku Hkkjrh; thou chek fuxe }kjk fd;k tkrk The fund is managed by LIC of India. The Bank charges gSA blds fy, cSad viuk ;ksxnku ykHk vkSj gkfu [kkrs ls nsrk gSA ,=&( "776"!( +7,*$56,$+7( ,+B"*'#( ,=&( 467'( ,+( $,#( )*+[,( L( vkfLr vkSj ns;rk dk fglkc Kkiu cgh esa j[kk x;k gSA Loss account. The asset and liability are maintained in Memorandum Books. 3- xzsP;qVh 3. Gratuity ,l-ch-vkbZ- ykbZQ bU';ksjSUl da-fy-] ctkt ,yk,Ul] ykbZQ The fund is managed by SBI Life Insurance Co. Ltd., Bajaj Allianz Life Insurance Co. Ltd., ICICI Prudential Life bU';ksjSUl da-fy-] vkbZ-lh-vkbZ-lh-vkbZ- izwMSfU'k;y ykbZQ bU';ksjSUl Insurance Co. Ltd., India First Life Insurance Co. Ltd. da-fy-] bf.M;k QLVZ ykbZQ bU';ksjSUl da-fy-] ,p-Mh-,Q-lh- LVsUMMZ HDFC Standard Life Insurance Company Ltd, Reliance Life ykbQ bU';ksjsUl dEiuh fyfeVsM] fjyk;Ul ykbZQ bU';ksjsUl Insurance Company Ltd., LIC of India and IDBI Federal Life d-fy-] ,y-vkbZ-lh- vkQ bf.M;k vkSj vkbZ-Mh-ch-vkbZ- QSMjy ykbZQ Insurance Co Ltd. The Bank charges the annual contribution bU';ksjSal fyfeVsM }kjk xzsP;qVh fuf/k ds izcU/ku dk dk;Z fd;k tkrk ,+B"*'#(P*",6$,-(467'(,+($,#()*+[,(L(M+##(F +67,G(N=&(1"7?( gSA cSad xzasP;qVh fuf/k dks fn, tkus okys vius okf"kZd ;ksxnku dks does not recognize the asset and liability in its books. The ykHk vkSj gkfu [kkrs ls vnk djrk gSA cSad vkfLr vkSj ns;rk dks fund is managed by a separate recognized Trust. viuh cfg;ksa esa fpfUgr ugha djrk gSA fuf/k ds izcU/ku dk dk;Z ,d vyx ekU;rk izkIr U;kl }kjk fd;k tkrk gSA 4. !"#$%&'()*+##,%-#.#[!, 4- deZpkfj;ksa dks vU; fgr ykHk deZpkj;ks ds vU; fgr ykHk ds fy, cSad us : 1-33 djksM dk NqV~Vh ( 27(*&#/& ,(+4(+,=&*(&:/!+-&&#(5&7&[,9(,=&(1"7?(="#(:"'&( a provision of ` 1.33 crores on account of LFC & ` 2.06 ;krk;kr fj;k;r ¼ LFC) ,oa ,Dl xzsfl;k ds fy, : 2-06 djksM+ crores on account of Ex-gratia payment upto 31.03.2017. dk izko/kku fnukad 31-03-2017 rd ds fy, fd;k gSA ;s izko/kku These provision have been made on the basis of valuation ,Dpwfj;y QeZ }kjk fd;s x, nkf;Roksa ds ewY;kadu ij vk/kkfjr gS +4(+5!$8",$+7( "**$&'(+6,(5-(" ,6"*$"!([*:G(( ( ( 90 [kkrksa ij fVIif.k;k¡ Notes on Accounts 5 ¼d½ ns;rk ds orZeku ewY; esa ifjorZu 5A. Changes in the present value of the obligation ¼:- djksM+ esa½ (` In crores) Leave isa'ku xzsP;wVh NqV~Vh udnhdj.k Pension Gratuity fooj.k Particulars Encashment ¼fuf/kd½ ¼fuf/kd½ ¼fuf/kd½ (Funded) (Funded) (Funded) 1 vizSy] 2016 dks 184.99 39.05 21.04 Present Value of 184.99 39.05 21.04 fuèkkZfjr fgr ykHk ds '&[7&'(5&7&[,( nkf;Ro dk orZeku ewY; obligation as at 1st April, 2016 C;kt ykxr 14.61 3.09 1.66 Interest Cost 14.61 3.09 1.66 pkyw lsok ykxr 4.58 1.60 0.97 Current service 4.58 1.60 0.97 cost iwoZ lsok ykxr Past Service Cost ?kVk,a% Less: vnk fd, x, fgr ykHk -19.01 -4.32 -2.48 1&7&[,#()"$'((((( -19.01 -4.32 -2.48 ,Dpwfj;y gkfu@ ¼ykHk½ 36.37 -1.09 0.70 Actuarial (loss)/ 36.37 -1.09 0.70 gain 31 ekpZ] 2017 dks 221.54 38.33 21.89 Present value of 221.54 38.33 21.89 fuèkkZfjr fgrykHk ns;rk '&[7&'(5&7&[,#( dk orZeku ewY; obligations as at 31 st March, 2017 5 ¼[k½ ;kstukc) vkfLr;ksa ds mfpr ewY; esa ifjorZu 5B. Changes in the fair value of Plan Assets ¼:- djksM+ esa½ (` In crores) Leave NqV~Vh Pension Gratuity isa'ku xzsP;wVh Particulars Encashment fooj.k udnhdj.k (Funded) (Funded) ¼fuf/kd½ ¼fuf/kd½ (Funded) ¼fuf/kd½ Fair value of Plan Assets 125.26 42.05 20.83 125.26 42.05 20.83 1 vizSy] 2016 dks ;kstukc) as at 1 st April, 2016 vkfLr;ksa dk mfpr ewY; ;kstukc) vkfLr;ksa ls 11.71 3.36 1.90 Expected Return of Plan 11.71 3.36 1.90 Assets as in the actuarial visf{kr izkfIr] tSlk fd report ,Dpwjh dh fjiksVZ esa fn;k x;k gS Employer's Contribution 25.50 0.02 1.73 25.50 0.02 1.73 fu;ksDrk dk ;ksxnku 2016-17 2016&17 lsokfuo`Ùk deZpkfj;ksa ds fy, 78.86 Annuities Purchased for 78.86 retirees [kjhnh xbZ ,U;wVht ?kVk,a % --- Less: - - - iznÙk fgr ykHk -19.01 -4.32 -2.48 1&7&[,#()"$'((((((((( -19.01 -4.32 -2.48 ,Dpwfj;y gkfu@¼ykHk½ 0 0 0 Actuarial loss/(gain) 0 0 0 31 ekpZ] 2017 dks ;kstukc) 222.32 41.11 21.98 Fair value of Plan Assets 222.32 41.11 21.98 st vkfLr;ksa dk mfpr ewY; as at 31 March, 2017 91 [kkrksa ij fVIif.k;k¡ Notes on Accounts 5 ¼x½ 'kq) ,Dpwfj;y ?kkVk@¼ykHk½ 5C. Net Actuarial Loss / (Gain) ¼:- djksM+ esa½ (` In crores) Leave NqV~Vh Pension Gratuity isa'ku xzsP;wVh Particulars Encashment fooj.k udnhdj.k (Funded) (Funded) ¼fuf/kd½ ¼fuf/kd½ (Funded) ¼fuf/kd½ Actuarial Loss / (gain) on 36.37 (1.09) 0.70 nkf;Roksa ij ,Dpwfj;y gkfu@ 36.37 (1.09) 0.70 obligation (A) ¼ykHk½ ¼d½ ;kstukc) vkfLr;ksa ij 11.71 3.38 1.89 Actuarial Loss / (gain) on 11.71 3.38 1.89 Plan Assets (B) ,Dpwwfj;y ?kkVk@¼ykHk½ ¼[k½ 'kq) ,Dpwfj;y gkfu@¼ykHk½ 48.08 2.29 2.59 Net Actuarial loss / (gain) 48.08 2.29 2.59 fpfUgr ,Dpwfj;y gkfu@¼ykHk½ 48.08 2.29 2.59 Actuarial Loss/(gain) 48.08 2.29 2.59 recognized in the period o"kZ ds vaUr esa fuf'pr u fd;k 0.00 0.00 0.00 Unrecognized Actuarial 0.00 0.00 0.00 loss/ (gain) at the end of x;k ,Dpwfj;y gkfu@¼ykHk½ the year. 5¼?k½ ykHk vkSj gkfu [kkrs esa fn;s x;s O;; 012%&3(#.,#,%4#5*6.78#9%7.%:$*[!%;%<*,,%=55*>.! ¼:- djksM+ esa½ (` In crores) NqV~Vh Leave isa'ku xzsP;wVh Pension Gratuity fooj.k udnhdj.k Particulars Encashment ¼fuf/kd½ ¼fuf/kd½ (Funded) (Funded) ¼fuf/kd½ (Funded) pkyw lsok ykxr 4.58 1.60 0.97 Current Service Cost 4.58 1.60 0.97 C;kt ykxr 14.61 3.08 1.66 Interest Cost 14.61 3.08 1.66 ;kstukc) vkfLr;ksa ls visf{kr -11.71 -3.36 -1.89 Expected Return on Plan -11.71 -3.36 -1.89 izkfIr Assets iwoZ lsok ykxr & fufgr 0.00 0.00 0.00 Past Service Cost – 0.00 0.00 0.00 fgrykHk Q&#,&'(1&7&[,# iwoZ lsok ykxr & xSj&fufgr 0.00 0.00 0.00 Past Service Cost – Non- 0.00 0.00 0.00 fgrykHk Q&#,&'(1&7&[,# o"kZ ds nkSjku fuf'pr dh xbZ 0.00 0.00 0.00 Transitional liability 0.00 0.00 0.00 recognized during the laØe.k dkyhu ns;rk year. ?kVk,a % 0.00 0.00 0.00 Less: 0.00 0.00 0.00 'kq) ,Dpwfj;y ?kkVk@¼ykHk½ 48.08 2.29 2.59 Net Actuarial Loss/(gain) 48.08 2.29 2.59 okLro esa fuf'pr fd;k x;k 55.56 3.61 3.33 R&,(5&7&[,#(&S/&7#&#( 55.56 3.61 3.33 'kq) fgrykHk O;; actually recognized 5¼³½ rqyu i= esa nh xbZ jkf'k ¼:- djksM+ esa½ 5.E Amount recognized in the Balance Sheet (` In crores) NqV~Vh Leave isa'ku xzsP;wVh Pension Gratuity fooj.k udnhdj.k Particulars Encashment ¼fuf/kd½ ¼fuf/kd½ (Funded) (Funded) ¼fuf/kd½ (Funded) ns;rk dk orZeku ewY; 221.54 38.33 21.89 Present value of Obligation 221.54 38.33 21.89 ;kstukc) vkfLr;ksa dk mfpr ewY; 222.32 41.11 21.98 Fair Value of Plan Assets 222.32 41.11 21.98 fuf/kd fLFkfr -0.78 -2.78 -0.09 Funded Status -0.78 -2.78 -0.09 92 [kkrksa ij fVIif.k;k¡ Notes on Accounts 5¼p½ rqyu i= dh fnukad dks eq[; ,Dpwfj;y iwokZuqeku ¼Hkkfjr 5F. Principal Actuarial Assumptions at the Balance Sheet vkSlr ds :i esa iznf'kZr½ date (expressed as weighted average) NqV~Vh Leave isa'ku xzsP;wVh Pension Gratuity fooj.k udnhdj.k Particulars Encashment ¼fuf/kd½ ¼fuf/kd½ (Funded) (Funded) ¼fuf/kd½ (Funded) fj;k;r nj 7.50 7.50 7.50 Discount rate 7.50 7.50 7.50 ;kstukc) vkfLr;ksa ij izkfIr 8.75 8.00 8.75 Expected rate of return on 8.75 8.00 8.75 dh visf{kr nj Plan Assets osru esa o`f) dh nj 5.00 5.00 5.00 Rate of escalation in salary 5.00 5.00 5.00 {kj.k nj 0 0 0 Attrition rate 0 0 0 viukbZ xbZ fof/k PUC PUC PUC Method Used PUC PUC PUC 7-2 [k.Mokj lwpuk ¼ys[kk ekud 17½ 7.2 Segment Reporting (Accounting Standard 17) Hkkx ¼d½ % Part A: O;kolkf;d [k.M ¼:0 djksM+ esa½ Business segments ¼:- djksM+ esa½@ (Rs in crore) vU; cSafdax dEiuh@Fkksd cSafdax O;kolkf;d [k.M Vªstjh [kqnjk cSafdax dqy ;ksx Corporate/ ifjpkyu Business Segments Treasury Retail Banking Total Wholesale Banking Other Banking Operation fooj.k@ Particulars 2016-17 2016-17 2016-17 2016-17 263.22 84.20 263.10 1.57 612.09 Revenue jktLo (235.93) (59.93) (268.17) (1.03) (565.05) 61.71 7.60 50.29 1.57 121.17 Result ifj.kke (52.22) (9.40) (42.88) (1.03) (105.52) vkoaafVr u fd, x, Unallocated 45.70 [kpsZ expenses (38.99) 75.47 T/&*",$78(/*+[,( ifjpkyu ykHk (66.52) 27.01 Income taxes vk;dj (19.55) US,*"+*'$7"*-(/*+[,C( 0 vlkekU; ykHk@gkfu loss (0) 48.46 R&,(/*+[,( 'kq) ykHk (46.97) vU; lwpuk@ Other Information 4078.08 1643.63 1945.25 0 7666.96 Segment assets [k.M vkfLr;k¡ (2982.36) (587.88) (2496.19) (0) (6066.44) vkoafVr u dh xbZ 32.72 Unallocated assets vkfLr;ka (17.95) 7699.68 Total assets dqy vkfLr;ka (6084.39) 3710.02 1559.39 1844.01 0 7113.42 Segment liabilities [k.M ns;rk,a (2670.61) (551.21) (2340.32) (0) (5562.15) vkoafVr u dh xbZa Unallocated 586.26 ns;rk,a liabilities (522.24) 7699.68 Total liabilities dqy ns;rk,a (6084.39) 93 [kkrksa ij fVIif.k;k¡ Notes on Accounts Hkkx [k % Part B: HkkSxksfyd [k.M % 'kwU; Geographic segments : NIL 7-3- lEcfU/kr i{kksa dk izdVhdj.k ¼ys[kk ekud 18½% 7.3 Related Party disclosures (Accounting Standard 18): ¼:- djksM+ esa½@ (Rs in crore) ewy dEiuh izeq[k izcU/kd ewy dEiuh lg;ksxh izeq[k izcU/kd ¼LokfeRo ;k deZpkfj;ksa ds dh vuq'kafx;ka laLFkk dkfeZd en@lEcfU/kr i{k fu;a=.k ds vuqlkj½ lEcU/kh dqy la;qDr m|e Associates/ Key Items/Related Party Parent Relatives of Key Total Parent's Joint Management (as per ownership Management Subsidiaries ventures Personnel or control) Personnel o"kZ dh lekfIr Borrowings 0.00 0.00 ------ij m/kkj At the year end (0.00) (0.00) 40.00 40.00 Maximum O/s ------lokZf/kd jkf'k (40.00) (40.00) tek Deposit tekvksa dk fooj.k Placement of deposits ------pkyw [kkrk] Current A/c 5.04 5.04 ------o"kZ ds var esa At the year end (14.93) (14.93) lkof/k tek jkf'k] Fixed Deposit 22.77 22.77 ------o"kZ ds var esa At year end (0.00) (0.00) 22.77 22.77 Maximum O/S ------lokZf/kd jkf'k (75.70) (75.70) tek izkfIr;ka Deposit received pkyw [kkrs esa Current A/c 0.00 0.00 ------o"kZ ds var esa at the year end (0.00) (0.00) lkof/k [kkrs esa Fixed Deposit 0.00 0.00 ------izkIr tek jkf'k at the year end (0.00) (0.00) o"kZ ds var esa 0.00 0.00 Maximum. O/s ------lokZf/kd jkf'k (0.00) (0.00) vfxze Advances 100.00 100.00 IBPC Issued ------tkjh vkbZchihlh (0.00) (0.00) vkbZchihlh 100.00 100.00 IBPC Participated ------lk>snkjh (0.00) (0.00) o"kZ ds var esa Investments ------0.00 fuos'k At year end lokZf/kd jkf'k Maximum O/S 0.00 ------0.00 o"kZ ds var esa xSSj Non-funded 7.09 7.09 commitments ------fuf/kd izfrc) (16.04) (16.04) rk,a At the year end 22.95 22.95 Maximum O/S ------lokZf/kd jkf'k (16.04) (16.04) o"kZ ds var esa Non funded 1.57 1.57 Commitments issued ------tkjh xSSj fuf/kd (1.60) (1.60) izfrc)rk,a at the year end 1.57 1.57 Maximum O/S ------lokZf/kd jkf'k (26.49) (26.49) 94 [kkrksa ij fVIif.k;k¡ Notes on Accounts ewy dEiuh izeq[k izcU/kd ewy dEiuh lg;ksxh izeq[k izcU/kd ¼LokfeRo ;k deZpkfj;ksa ds dh vuq'kafx;ka laLFkk dkfeZd en@lEcfU/kr i{k fu;a=.k ds vuqlkj½ lEcU/kh dqy la;qDr m|e Associates/ Key Items/Related Party Parent Relatives of Key Total Parent's Joint Management (as per ownership Management Subsidiaries ventures Personnel or control) Personnel mi;ksx dh xbZ iV~Vknk;h@ Leasing/HP ------fdjk;k [kjhn arrangements availed O;oLFkk miyC/k djkbZ Leasing/HP xbZa iV~Vknk;h@ arrangements ------fd-[k- O;oLFkk provided vpy lEifÙk;ksa )6* ="#&(+4([S&'( ------dh [kjhn assets Purchase of E;wpqvy Q.M dh 108.00 108.00 Mutual Fund ------(119.00) (119.00) ;wfuVksa dh [kjhn Unit vpy laEifÙk;ksa ."!&(+4([S&'("##&,#( dh fcØh -- 108.00 108.00 Sale of Mutual ------(119.00) (119.00) E;wpqvy Q.M dh Fund Unit ;wfuVksa dh fcØh 0.01 0.01 Interest paid ------iznÙk C;kt (0.02) (0.02) 17.00 17.00 Commission paid ------iznÙk deh'ku (0.31) (0.31) 0.00 0.00 Commission received ------izkIr deh'ku (0.03) (0.03) fMfoMsUM vk; Dividend income -- (Nil ) ------(Nil ) ;wfuVksa dh fcØh )*+[,(+7(#"!& Nil (Nil ) ------Nil ls ykHk Of Units iznRr C;kt Interest Paid 6.85 6.85 ------¼vkbZchihlh½ (IBPC) (0.08) (0.08) 0.00 0.00 Interest received ------izkIr C;kt (2.80) (2.80) izkIr C;kt Interest Received 11.79 11.79 ------¼vkbZchihlh½ (IBPC) (0.13) (0.13) iznÙk lsok,a Rendering of services ------izkIr lsok,a Receiving of services -- -- 0.02 -- -- 0.02 0.29 0.29 Management ------izcU/ku (0.40*) (0.40*) uksV %& dks"Bd esa fn, x, vkadM+s foxr o"kZ ds vkadM+s gSaA Note:- V$86*&#($7(5*" ?&,#($7'$ ",&(/*&@$+6#(-&"*([86*&#G( 'ks"k jkf'k;ka iqf"Vdj.k ds vk/khu gSaA ( ( 1"!"7 &#("*&(#65W& ,(,+( +7[*:",$+7G *eq[; dk;Zdkjh vf/kdkjh ¼ CEO) vkSj eq[; ifjpkyu vf/kdkjh *Managerial Remuneration to CEO & COO ¼COO) dks izcU/kdh; ikfjJfed 95 [kkrksa ij fVIif.k;k¡ Notes on Accounts lEcfU/kr i{kksa ds uke o mudk cSad ls lEcU/k Names of the related parties and their relationship with the Bank (i) ewy dEiuh Parent : cSad vkWQ cM+kSnk Bank of Baroda ¼izeq[k va'k èkkjd½ (Major Shareholder) (ii) izeq[k izcU/kd dkfeZd Key Management (I) Jh eqds'k 'kekZ Shri Mukesh Sharma Personnel ¼v/;{k ,oa eq[; dk;Zdkjh vfèkdkjh½ (Chairman & CEO) Jh iznhi dqekj dkyk Shri Pradeep Kumar Kala ¼eq[; ifjpkyu vf/kdkjh ,oa eq[; 3E=$&4(T/&*",$78(T4[ &*(L(E=$&4(V$7"7 $"!( foÙkh; vf/kdkjh½ T4[ &*X( (iii) ewy dEiuh dk vuq"kaxh Parent's Subsidiary (I) ckWc dSfiVy ekdsZV~l fy- BOB Capital Markets Ltd. (II) ckWc dkM~Zl fy- BOB Cards Limited 7-4 vk; ij djksa ds fy, ys[kkdj.k 7.4 Accounting for Taxes on Income ¼ys[kk ekud 22½ (Accounting Standard 22) o"kZ ds var esa vkLFkfxr dj vkfLr@ns;rk dk fo'ysf"kr fooj.k The breakup of deferred tax asset/liability at the year fuEukuqlkj gS% end is as under: ¼:- djksM+ esa½@ (Rs in crore) 31.03.2017 en@ Item ldy vkLFkfxr dj vkfLr ldy vkLFkfxr dj ns;rk Total Deferred Tax Assets Total Deferred Tax Liability cgh ewY;gzkl ¼fcuk iquewZY;kadu vkjf{kfr Difference between WDV as per book ds½ vkSj vk;dj vf/kfu;e ds vUrxZr (Without Revaluation Reserve) and 1.44 - ewY;gzkl esa varj depreciation under Income Tax Act deZpkjh fgr ykHk ds fy, izko/kku )*+@$#$+7(V+*(U:/!+-&&(1&7&[,# 1.20 - [k.M 36(i)(viii) ds vUrxZr l`ftr vkjf{kr fuf/k Reserve created u/s 36(i)(viii) -- 7.33 tksM+ Total 2.64 - 31-03-2017 dks ldy vkLFkfxr dj ns;rk Total Deferred Tax Liability as 31.03.2017 -- 4.69 31-03-2017 dks lekIr gq, o"kZ ds fy, :0 0-38 djksM++ dh vkLFkfxr dj ns;rk ¼foxr o"kZ :- 4-31 djksM+ dh vkLFkfxr dj ns;rk½ dks ykHk vkSj gkfu [kkrs esa lfEefyr fd;k x;k A izcU/ku dh jk; esa vutZd vkfLr ds fy, izko/kku ds lEcU/k esa fdlh izdkj dk le;kUrj ugha gS blfy, mlds fy, dksbZ vkLFkfxr dj vkfLr ugha j[kh xbZ gSA Net Addition of Deferred tax Liabilities of ` 0.38 Crore for the year-ended 31.03.2017 (Previous year DTL `4.31 crore) ="#(5&&7(*& +87$O&'($7(,=&()*+[,("7'(M+##(F +67,G((27(@$&B(+4(,=&(:"7"8&:&7,9(,=&*&($#(7+(,$:$78('$44&*&7 &("*$#$78($7( +77& ,$+7( with NPA provisions, hence no deferred tax assets have been recognized. 7-5 izfr 'ks;j vk;% 7.5 Earnings per share- fooj.k@ Particulars 31.03.2017 31.03.2016 izfr 'ks;j vk; Earnings per share d½@ a) ewy Basic 7.17 6.96 ruq** Diluted** 7.17 6.96 :-@ ` 48.46 djksM+@ :-@ ` 46.97 djksM+@ [k½@ b) ¼dj ds ckn½ ykHk ds :i esa vkbZ jkf'k F:+67,(6#&'("#(76:&*",+*(3)*+[,("4,&*(,"SX crore crore 'ks;jksa dk U;wure ewY; :-@ ` 10/- :-@ ` 10/- x½@ c) Nominal value of shares 10@& izfr'ks;j@ per share izfr'ks;j@ per share bfDoVh 'ks;jksa dh Hkkfjr vkSlr Weighted average number of equity shares used as ?k½@ d) 67554794 67500000 la[;k ftlls Hkkx fn;k x;kA the denominator ** cSad ds ikl o"kZ ds nkSjku ruq izfr 'ks;j vk; dh x.kuk ds fy, dksbZ lEHkkfor ruq bfDoVh 'ks;j ugha gS vkSj izfr 'ks;j ewy vk; ysek&20 ds vuqlkj] dj ds ckn vk;s 'kq) ykHk dks vkSlr Hkkfjr bfDoVh 'ks;jksa dh la[;k ls foHkkftr djds fudkyh xbZ gSA **The bank has no dilutive potential equity shares outstanding during the year for the purpose of computing diluted EPS and the basic earnings per #="*&(="#(5&&7( +:/6,&'(5-('$@$'$78(7&,(/*+[,("4,&*(,"S(5-(,=&(B&$8=,&'("@&*"8&(76:5&*(+4(&A6$,-(#="*&#("#(/&*(F.;IJG 96 [kkrksa ij fVIif.k;k¡ Notes on Accounts 7-6 vkfLr;ksa dh {kfr ¼ys[kk ekud 28½ % 7.6 Impairment of Assets (Accounting Standard 28) cSad ds izcU/ku dh jk; eas vkfLr;ksa dh ,slh dksbZ {kfr ugha gqbZ gS ftl ij 31-03-17 dh fLFkfr ds vuqlkj fdlh Bksl lhek rd mijksDr ys[kk ekud iz;qDr gksrk gksA pkyw o"kZ ds nkSjku :0 5-00 yk[k dk iwoZor~ rnFkZ izkoèkku fd;k x;k gSA In the opinion of the Bank's Management, there is no impairment of the assets to which aforesaid Accounting Standard applies to any material extent as at 31.3.2017 An adhoc provision of ` 5.00 Lac has been continued during the current year. 7-7 lekfJr ns;rk vkSj izko/kkuksa dk fooj.k ¼ys0 ek0 29½ ! " #$%$&'&($")*"+)($,(-&($".,%/,0,$1"2"34)5,6,)(6 (Accounting Standard 29) ¼:- djksM+ esa½@ (Rs in crore) en@ Item ys[kk ekud&29 ds vuqlkj izko/kku@ Provision As per AS – 29 og jkf'k ftlds o"kZ ds o"kZ ds o"kZ ds nkSjku mi;ksx u dh xbZ o"kZ dh Hkfo"; dh fVIi.kh fy;s cSad lekfJr vkjEHk esa nkSjku mi;ksx dh jkf'k ftls o"kZ lekfIr ij xfrfof/k;ksa ds Remarks :i ls nsunkj gS fd;k x;k ifjo/kZu x;h jkf'k ds nkSjku okil dqy izko/kku lEcU/k esa cM+h Amt. for which izko/kku Addition Amount fd;k x;kA Provision voèkkj.kk,a the Bank is Provision during used Unused amount as at the Major contingently as at the the year during the reversed during close of assumption Liable beginning year the year the year regarding of the Year future events cSad ds fo:) nkos Claims against 0.81 0.17 0.00 0.00 0.03 0.14 *- ftUgsa _.k ugha the Bank not (0.80) (0.20) ( 0.00) (0.00) (0.11) (0.20) le>k x;kA acknowledged as debt la?kVdksa dh vksj Guarantees 51.59 N.A. N.A. N.A. N.A. N.A. *- ls tkjh dh xbZ issued on behalf (28.64) (N.A.) (N.A.) (N.A.) (N.A.) (N.A.) xkjfUV;ka of constituents LohÑfr;ka] cspku vkSj Acceptance 11.10 N.A. N.A. N.A. N.A. N.A. *- vU; nkf;Ro Endorsements (2.29) (N.A.) (N.A.) (N.A.) (N.A.) (N.A.) and other obligations vU; en ftuds fy;s Other items, for 16.59 N.A. N.A. N.A. N.A. N.A. *- cSad lekfJr :i ls which the Bank is (8.31) (N.A.) (N.A.) (N.A.) (N.A.) (N.A.) mÙkjnk;h gSA contingently liable *,slh ns;rk,a U;k;ky;@e/;LFk@U;k;ky; ls ckgj le>kSrs] eqdneksa ds fuLrkj.k] ekaxh tk jgh jkf'k] lafonk dh 'krksaZ] lEcfUèkr i{kksa }kjk ekax o mlds fodkl ds ifj.kke ij fuHkZj gSaA *Such liabilities are dependent upon the outcome of court/arbitration/out of court settlement, disposal of appeals, the amount being called up, terms of contractual obligations, development and raising of demand by concerned parties respectively. 8- Hkk-fj-cSa- ds fn'kk funsZ'kksa ds vuqlkj cSad ds fuos'k lafoHkkx dks rhu 8. In accordance with RBI guidelines, the Bank's Investment Jsf.k;ksa esa oxhZÑr fd;k x;k gSA 31-03-17 dh fLFkfr ds vuqlkj /+*,4+!$+( ="#( 5&&7( !"##$[&'( $7,+( ,=*&&( ",&8+*$&#G( N=&( fuos'kksa dh fLFkfr fuEukuqlkj gS %& position of holding as on 31.03.2017 is as follows: ¼djksM+ #i, esa½ (Rs in crore) Ø-la- fooj.k 31.03.2017 31.03.2016 S No Particulars 31.03.2017 31.03.2016 1 ifjiDork vof/k rd j[ks x;s 981.89 891.57 1 Held to Maturity 981.89 891.57 2 fcØh ds fy;s miyC/k 1127.74 489.84 2 Available for sale 1127.74 489.84 3 O;kikj ds fy;s j[ks x;s 0.00 0.00 3 Held for trading 0.00 0.00 fuos'kksa dk izfr'kr (% holding) Ø-la- fooj.k 31.03.2017 31.03.2016 S No Particulars 31.03.2017 31.03.2016 1 ifjiDork vof/k rd j[ks x;s 46.54% 64.54% 1 Held to Maturity 46.54% 64.54% 2 fcØh ds fy;s miyC/k 53.46% 35.46% 2 Available for sale 53.46% 35.46% 3 O;kikj ds fy;s j[ks x;s 0.00% 0.00% 3 Held for trading 0.00% 0.00% 97 [kkrksa ij fVIif.k;k¡ Notes on Accounts 9- ykHk&gkfu [kkrs ds ÞO;;ß 'kh"kZ ds vUrxZr Þizko/kku vkSj vkdfLe- 9. Break-up of the items “Provisions and Contingencies” drkvksaß esa fuEufyf[kr lfEefyr gS% !"#$%&%' $!%&(' )*&' *&+%' ,-.&!% )$(&' !' )*&' /(0[)' 2' 3044' Account: ¼:0 djksM+ esa½ (` in crore) Ø-la- fooj.k 2016-17 2015-16 Sr.No. 2016-17 2015-16 1. vk;dj ds fy, izko/kku ¼pkyw dj½ 27.01 19.55 1. Provision for Income Tax (Current Tax) 27.01 19.55 2. vk;dj ds fy, izko/kku ¼vkLFkfxr dj½ 0.39 4.23 2. Provision for Income Tax (Deferred Tax) 0.39 4.23 3. fuos'kkas esa ewY; gzkl ds fy, izko/kku 5.15 0.00 3. Provision for depreciation in investment 5.15 0.00 4. ,u-ih-,- fu;ked ds fy, izko/kku 17.37 11.82 4. Provision towards NPA Regulatory 17.37 11.82 5. ¶yksfVax ,u-ih-,- ds fy, izko/kku 12.15 0.00 5. /(05 4 0!4')06+(%4'7/8'\0+) !: 12.15 0.00 6. ekud vfxzeksa ds fy, izko/kku 0.95 2.65 6. Provision for standard Advances 0.95 2.65 7. iquxZfBr vfxzeksa ds fy, izko/kku -1.73 -0.63 7. Provision for Restructured Advances -1.73 -0.63 8. èkks[kkèkM+h ds f[kykQ izkoèkku 0.03 0.00 8. Provision against frauds 0.03 0.00 vU; izko/kku ¼cSad jkbVcSd ds fo#) Other provision ( Claim against bank 9. 0.00 -0.03 9. 0.00 -0.03 nkok½ write back) 61.32 37.59 61.32 37.59 ?kVk,¡ %& izfrysf[kr fuos'kksa ij Less: Excess Provision /Depreciation - -1.08 - -1.08 vfrfjDr izko/kku@ewY;gzkl on Investment written back izfrysf[kr fd, x;s vU; izko/kku - 0.00 10. Other Provisions written back - 0.00 tksM+ 61.32 36.51 Total 61.32 36.51 10- f'kdk;rksa dh fLFkfr n'kkZus okyh fooj.kh 10. Statement showing the position of Complaints 10-1 xzkgdksa ls f'kdk;rsa % 10.1 Customer Complaints Øa-la- *2016-17 **2015-16 Sr. No. *2016-17 **2015-16 d½ o"kZ ds vkjEHk esa yafEcr f'kdk;rksa a) No. of complaints pending at the 3 12 dh la[;k beginning of the year 3 12 [k½ o"kZ ds nkSjku izkIr f'kdk;rksa dh b) No. of complaints received 1181 672 1181 672 la[;k during the year x½ o"kZ ds nkSjku nwj dh xbZ f'kdk;rksa c) No of complaints redressed 1166 681 1166 681 dh la[;k during the year ?k½ o"kZ dh lekfIr ij yfEcr f'kdk;rksa d) No. of complaints pending at end 18 3 18 3 dh la[;k of the year *;g Li"V fd;k tkrk gS fd o"kZ ds nkSjku izkIr f'kdk;rksa esa ls 1125 f'kdk;rsa ,-Vh- ;<)' 4'"#+( [&%')*+)'0$)'0=')*&'"0>.#+ !)4'(&"& 5&%'%$( !:')*&'?&+(@'AABC'"0>.#+ !)4' ,e- ls vlQy ysu&nsu@mUgsa okil djus ds ekeyksa ls lEcfU/kr FkhA iqu% ,slh 1125 pertained to ATM failed transactions/ charged back cases. Further Out of 1125 f'kdk;rksa esa ls 1111 f'kdk;rsa fu/kkZfjr le; lhek ds vUrxZr lkSgknZziw.kZ Øa-la- 2016-17 2015-16 Sr.No. 2016-17 2015-16 d½ o"kZ ds vkjEHk esa dk;kZfUor u fd, 'kwU; 'kwU; a) No. of unimplemented Awards NIL Nil x, vfËkfu.kZ;ksa dh la[;k at the beginning of the year [k½ o"kZ ds nkSjku cSafdax yksdiky 'kwU; 'kwU; b) No. of Awards passed by the NIL Nil }kjk fn, x, vfËkfu.kZ;ksa dh la[;k Banking Ombudsmen during the year x½ o"kZ ds nkSjku dk;kZfUor fd, x, 'kwU; 'kwU; c) No of Awards implemented NIL Nil vfËkfu.kZ;ksa dh la[;k during the year ?k½ o"kZ dh lekfIr ij dk;kZfUor u 'kwU; 'kwU; d) No. of unimplemented Awards NIL Nil fd, x, vfËkfu.kZ;ksa dh la[;k at the end of the year 98 [kkrksa ij fVIif.k;k¡ Notes on Accounts 10-3 cSadksa }kjk tkjh ySVj vkWQ dEQVZ ¼,y-vks-lh-½ dk 10.3 Disclosure of letter of comfort (LOC) issued by izdVhdj.k Banks: cSad }kjk tkjh ysVj vkWQ dEQVZ ¼,yvkslh½ 2016-17 2015-16 Disclosure of letter of comfort (LOC) is- 2016-17 2015-16 ds vUrxZr izdVhdj.k 'kwU; 'kwU; sued by Banks: NIL Nil 11- vuq0 tk0@vuq0 tu0 dks _.k 11. Advances to SC/STs ¼:- djksM+ esa½ (Rs in crore) Øa-la- 2016-17 2015-16 Sr. No. 2016-17 2015-16 1 o"kZ dh lekfIr ij vuq-tk-@vuq- 46.99 42.45 1 Outstanding credit to SC/ 46.99 42.45 tu- dks fn, x, _.k dk 'ks"k STs as at end of the year 2 19.68 21.89 o"kZ ds nkSjku vuq0 tk0@vuq0 2 Recovery from SC/STs bor- 19.68 21.89 tu0 ds m/kkjdÙkkZvksaa ls _.k dh rowers during the year olwyh 12- cSad us tksf[ke forj.k vk/kkj ij vUrj cSad lgHkkfxrk ds vUrxZr 12. 'F*&' G+!H' \0+)&%' k x;k gS foxr o"kZ ds vkadM+ksa dks pkyw o"kZ ds Figures for the previous year have been regrouped/ recasted vkadM+ksa ls rqyu ;ksX; cukus ds fy, iqulZewghd`r@iquO;ZofLFkr wherever considered necessary to make them comparable 6 )*'"$((&!)'?&+('[:$(&4M fd;k x;k gSA vfrfjDr izdVhdj.k Additional Disclosure s I) 31-03-2017 dks vutZd vkfLr;ksa* dk ladsUnz.k I) Concentration of NPAs* as on 31.03.2017 ¼:- djksM+ esa½ (` in Crore) pkj 'kh"kZLFk vutZd [kkrksa 2016-17 2015-16 Total Exposure to top four NPA 2016-17 2015-16 accounts esa dqy ,Dlikstj 59.62 30.00 59.62 30.00 II) {ks=okj vutZd vkfLr;ka II) Sector-wise NPAs ¼çfr'kr esa½ (In Percentage) Percentage of NPAs to total lacaf/kr {ks= ds dqy vfxzeksa esa vutZd Advances in that sector Ø- vkfLr;ksa dk izfr'kr ¼izkFkfedrk Sl. {ks= Sector 7,(+089,(-"/)$:"34,)4,$1"2";)(" la- izkIr ,oa xSj izkFkfedrk 'kkfey½ No. Priority) 2016-17 2015-16 2016-17 2015-16 d`f"k vkSj lac) Agriculture & Allied 1 5.50 6.52 1 5.50 6.52 xfrfofèk;ka Activities m|ksx ¼ekbZØks vkSj y?kq] Industry (Micro & Small, 2 5.71 6.25 2 5.71 6.25 e>kSys vkSj cM+s½ Medium and Large) 3 lsok,a 5.67 3.82 3 Services 5.67 3.82 4 oS;fDrd _.k 2.72 2.63 4 Personal Loans 2.72 2.63 99 [kkrksa ij fVIif.k;k¡ Notes on Accounts III) vutZd vkfLr;ksa esa mrkj&p<+ko III) Movement of NPAs (` in Crores) C;kSjs 2016-17 2015-16 Particulars 2016-17 2015-16 foxr o"kZ fo'ks"k ds 1 vizSy dks ldy Gross NPA should be removed as on 121.04 *77.41 1st April of previous year (Opening 121.04 *77.41 vutZd vkfLr;ka ¼vkjafHkd 'ks"k½ Balance) o"kZ ds nkSjku o`f) ¼u;h vutZd vkfLr;ka½ 87.48 57.54 Additions (Fresh NPAs) during the year 87.48 57.54 mi&tksM+ ¼d½ 208.52 134.95 Sub - Total (A) 208.52 134.95 ?kVk,a %& Less :- (i) Js.kh mUu;u 9.86 2.94 (i) Upgradations 9.86 2.94 (ii) olwyh ¼ftu [kkrksa dk Js.kh mUu;u (ii) Recoveries (excluding recoveries 33.77 12.55 33.77 12.55 gqvk gS muls olwyh dks NksM+dj½ made from upgraded accounts (iii) Write – offs 0.62 0.09 (iii) cÍs [kkrs Mkys x;s 0.62 0.09 Sub - Total (B) 44.25 15.58 mi&tksM+ ¼[k½ 44.25 15.58 Gross NPA as on 31st March of current pkyw o"kZ ds 31 ekpZ dks ldy vutZd 164.27 *119.37 164.27 *119.37 year (closing balance) (A-B) vkfLr;ka ¼bfr 'ks"k½ ¼d&[k½ *Gross NPAs are net of balance in interest suspense account as per RBI *Hkk-fj-cSa- ds ifji=] fnukad 24-09-2010 dh vis{kkvksa ds vuqlkj ldy xS-fu-v- ¼,u-ih-,-½ esa mpar C;kt [kkrs ds 'ks"k dh jkf'k lfEefyr ugha gSA requirements vide circular dated 24.09.2010. IV) Concentration of Advances IV) vfxzeksa dk ladsUnz.k ¼:- djksM+ esa½ (` in Crores) Particulars 2016-17 2015-16 C;kSjs 2016-17 2015-16 Total Advances to twenty largest chl lcls cM+s m/kkjdrkZvksa dks nh xbZ dqy 836.62 489.87 836.62 489.87 borrowers _.kjkf'k Percentage of advances to twenty cSad ds dqy vfxzeksa esa chl lcls cM+s largest borrowers to Total Advances of 25.51 17.89 25.51 17.89 mèkkjdrkZvksa ds vfxzeksa dk izfr'kr the bank lsDVj okj vfxze Sector wise advances (` in Crores) Pkkyw o"kZ@ Current Year foxr o"kZ@ Previous Year Ckdk;k dqy l-xS-fu-v- dk Ckdk;k dqy Lkdy Lkdy l-xS-fu-v- dk vfxze@ lsDVj ds vfxze@ dz- xS-fu-v-@ xS-fu-v-@ lsDVj ds Outstanding Outstanding la- Gross dqy vfxze Gross dqy vfxze lsDVj@ Sector Total Total Sr. NPA ls izfr'kr@ NPAs ls izfr'kr@ Advance No. Percentage of Advance Percentage of ¼:- djksM+ esa½ gross NPA to ¼:- djksM+ esa½ Gross NPA to Total Advance Total Advance in ` in Crore ` in Crore in that sector that sector d@ A izkFkfedrk izkIr {ks= Priority Sector 1627.29 84.28 5.18 1451.83 83.08 5.72 1 Ñf"k ,ao lgk;d Agriculture and 733.58 40.37 5.50 510.57 33.65 6.59 dk;Zdyki allied activities 2 izk-izk-{ks- esa ik= Advances to 247.89 14.84 5.99 239.04 19.29 8.06 industries sector m|ksxksa dks vfxze eligible as priority sector lending 3 lsok,a Services 407.77 21.00 5.15 466.88 24.09 5.16 4 oS;fDrd _.k Personal Loan 238.05 8.07 3.39 235.34 6.05 2.57 mi&tksM+ ¼v½+ Sub Total (A) 1627.29 84.28 5.18 1451.83 83.08 5.72 [k@ B xSj izkFkfedrk izkIr Non Priority 1652.71 79.98 4.84 1286.79 37.96 2.95 {ks= Sector tksM+@ TOTAL 3280.00 164.26 5.01 2738.62 121.04 4.42 100 [kkrksa ij fVIif.k;k¡ Notes on Accounts ,usDlj&1 Annex - 1 Hkkx&v Part A Lkdy vfxze] ldy xS-fu-v-] 'kq) vfxze ,oa 'kq) xS-fu-v- Details of Gross Advances, Gross NPAs, Net Advances dk 31&03&2017 dks fooj.kA and Net NPAs on 31.03.2017 ¼#i;s djskM+ esa½ @(` in crore) Ø- la- fooj.k@ Particulars 31.03.2017 31.03.2016 Sr. No. 1. Ekkud vfxze Standard Advances 3115.73 2617.58 2. Lkdy xSj fu"iknd vkfLr;ka Gross NPAs 164.27 121.04 3. Lkdy vfxze ¼1 $ 2½ Gross Advances (1+2 ) 3280.00 2738.62 4. Lkdy xSj fu"Ikknd vkfLr;ksa dk ldy vfxzeksa ls izfr'kr Gross NPAs as a percentage of Gross 5.01% 4.42% ¼2@3½ ¼izfr'kr esa½ Advances (2/3) (in %) 5. dVkSfr;ka Deductions (i) xS-fu-v- [kkrs ds lUnHkZ esa vkfLr oxhZdj.k ds vuqlkj Provisions held in the case of NPA Accounts 65.08 48.37 fd;k x;k izko/kku ¼xS-fu-v- ds lUnHkZ esa fu/kkZfjr +4' .&(' +44&)' "#+44 ["+) 0!' K !"#$% !:' izko/kku ls vf/kd vfrfjDr izko/kku dks lfEefyr additional Provisions for NPAs at higher djrs gq,½ than prescribed rates). (ii) MhvkbZlhthlh@bZlhthlh Dyse tks izkIr gq, vkSj DICGC / ECGC claims received and held -- lek;kstu gsrq vfu"ikfnr pending adjustment (iii) va'k Hkqxrku izkIr ,oa mpar [kkrs ;k ,sls fdlh leku Part payment received and kept in Suspense 6.73 4.17 [kkrs esa j[kk x;k Account or any other similar account (iv) fofo/k [kkrs esa vo'ks"k ¼C;kt iwathdj.k&iquZxfBr Balance in Sundries Account (Interest -- [kkrs½ xS-fu-v- [kkrksa ds lUnHkZ esa Capitalization - Restructured Accounts), in respect of NPA Accounts (v) Pky izko/kku Floating Provisions 52.92 40.77 (vi) xS-fu-v- esa oxhZd`r iquZxfBr [kkrksa ds mfpr ewY; esa Provisions in lieu of diminution in the fair -- deh ds fo#) izko/kku 5+#$&'0='(&4)($")$(&%'+""0$!)4'"#+44 [&%'+4' NPAs (vii) Ekkud vkfLr;ksa esa oxhZd`r iquZxfBr [kkrksa ds mfpr Provisions in lieu of diminution in the fair 0.03 0.69 ewY; esa deh ds fo#) izko/kku 5+#$&'0='(&4)($")$(&%'+""0$!)4'"#+44 [&%'+4' standard assets 6. 'kq) vfxze ¼3&5½ Net Advances (3-5) 3155.24 2644.62 7. 'kq) xSj fu"iknd vkfLr;ka Net NPAs 39.51 27.73 {2-5(i + ii + iii + iv + v + vi)} {2-5 (i + ii + iii + iv + v + vi)} 8. 'kq) xS-fu-v- dk 'kq) vfxze ls izfr'kr ¼7@6½ ¼izfr'kr½ Net NPAs as percentage of Net Advances 1.25% 1.05% (7/6) (in %) 101 [kkrksa ij fVIif.k;k¡ Notes on Accounts V. ,Dlikstj dk ladsUnz.k V. Concentration of Exposures ¼:- djksM+ esa½ (` in Crore) 2016-17 2015-16 2016-17 2015-16 chl lcls cM+s m/kkjdrkZvksa@xzkgdksa ds izfr Total Exposures to twenty largest 965.06 534.11 965.06 534.11 dqy ,Dlikstj borrowers/ customers m/kkjdrkZvksa@xzkgdksa dks cSad ds dqy ,Dlikstj Percentage of Exposures to twenty largest esa chl lcls cM+ss m/kkjdrkZvksa@xzkgdksa dks fn;s 17.90% 19.50% borrowers / customers to Total Exposure of 17.90% 19.50% x;s ,Dlikstj dk izfr'kr the bank on borrowers / customers VI. tekjkf'k dk ladsUnz.k VI. Concentration of Deposits ¼:- djksM+ esa½ (` in Crore) 2016-17 2015-16 2016-17 2015-16 Total Deposits from twenty largest chl lcls cM+s tekdrkZvksa dh dqy tekjkf'k 981.53 877.07 981.53 877.07 Depositors cSad dh dqy tekjkf'k;ksa esa chl lcls cM+s Percentage of Deposits from twenty largest 14.32% 16.52% 14.32% 16.52% tekdrkZvksa dh tekjkf'k;ksa dk izfr'kr customers to Total deposits of the bank VII. cSadk';ksjSUl O;olk; VII. Bancassurance Business cSad dks foÙkh; o"kZ 2016&17 ds nkSjku cSadk';ksjSUl O;olk; ls fuEukuqlkj The total income of the bank in respect of bank assurance busi- :- 73-20 yk[k dh dqy vk; gqbZ % ness was ` NOMBP'3+"'%$( !:')*&'[!+!" +#'?&+('BPADQAN@'6 )*' details as under: ¼:- yk[k esa½ (` in Lac) Amount Ø- jkf'k Sr. b';ksjSUl dEiuh Insurance Company la- 2016-17 2015-16 No. 2016-17 2015-16 1 ,DlkbZM ykbQ bU';ksjSUl dEiuh fy- 41.47 36.47 1 Exide Life Insurance Company Ltd. 41.47 36.47 2 us'kuy bU';ksjSUl dEiuh fy- 23.28 27.48 2 National Insurance Company Ltd 23.28 27.48 3 bafM;k QLVZ ykbQ bU';ksjSaUl da- fy- 5.18 0.00 3 India First Life Insurance Co. Ltd 5.18 0.00 4 Hkkjrh; thou chek fuxe fy0 3.00 3.46 4 Life Insurance Corpn of India 3.00 3.46 5 vVy isa'ku ;kstuk 0.27 0.00 5 Atal Pension Yojna 0.27 0.00 tksM+ 73.20 67.41 Total 73.20 67.41 cSad dks foÙkh; o"kZ 2016&17 ds nkSjku vU; mRiknksa ls fuEukuqlkj :- The total income of the bank in respect of other products was ` 0-69 yk[k dh vk; gqbZ PMDE'3+"'%$( !:')*&'[!+!" +#'?&+('BPADQAN@'6 )*'%&)+ #4'+4'$!%&(M ¼:- yk[k esa½ (` in Lac) Sr. Amount Ø- jkf'k Company dEiuh No. la- 2016-17 2015-16 2016-17 2015-16 1 foteSau aQksjsDl fy- 0.61 1.05 1 Weizmann Forex Ltd. 0.61 1.05 2 UTIITSL - 0.01 2 ;w-Vh-vkbZ-vkbZ-Vh-,l-,y- - 0.01 3 LVkWd gksfYMax dkjiksjs'ku vkQ bf.M;k fy- 0.08 5.57 3 Stock Holding Corporation of India Ltd. 0.08 5.57 tksM+ 0.69 6.63 Total 0.69 6.63 VIII. MhbZ,,Q ¼tekdrkZ dks f'kf{kr ,oa tkx#d djus ds fy, fufèk½% VIII. DEAF (Depositor Education and Awareness Fund) ¼:- djksM+ esa½ (` in Crore) 2016-17 2015-16 2016-17 2015-16 Mh bZ , ,Q dks varfjr izkjfEHkd tek jkf'k 'kwU; 8.31 6.74 Opening balance of amounts transferred to DEAF 8.31 6.74 tksM+sa% o"kZ ds nkSjku Mh bZ , ,Q dks varfjr jkf'k 2.94 1.68 Add:Amounts Transferred to DEAF during the year 2.94 1.68 ?kVk,a% nkoksa ds fy, Mh bZ , ,Q }kjk izfriwfjr jkf'k 0.08 0.11 Less:Amounts reimbursed by DEAF towards claims 0.08 0.11 Mh bZ , ,Q dks varfjr jkf'k dk bfr'ks"k 11.17 8.31 Closing balance of amounts transferred to DEAF 11.17 8.31 102 [kkrksa ij fVIif.k;k¡ Notes on Accounts !" Pkyfuf/k O;kfIr vuqikr ¼,ylhvkj½ 2016&2017 !"# Liquidity Coverage Ratio (LCR) 2016-2017 ¼jkf'k djskM+ esa½ @(Amount in crore) foÙk o"kZ@ FY 2016-17 foÙk o"kZ@ FY 2015-16 pkSFkh frekgh 4@ Q4 2016-17 Ø- Lkdy xSj Lkdy * Lkdy xSj Lkdy * Lkdy xSj Lkdy * la- Hkkfjr * ewY; Hkkfjr ewY; Hkkfjr * ewY; Hkkfjr ewY; Hkkfjr * ewY; Hkkfjr ewY; Sr. ¼vkSlr½@ Total ¼vkSlr½@ Total ¼vkSlr½@ Total ¼vkSlr½@ Total ¼vkSlr½@ Total ¼vkSlr½@ Total Unweighted* Weighted* Unweighted* Weighted* Unweighted Weighted No. Value Value Value Value Value Value (average) (average) (average) (average) (average) (average) mPp xq.koÙkk dh rjy vkfLr@ High Quality Liquid Assets mPp xq.koÙkk dh ldy vkfLr 1 ¼,pD;w,y,½@ Total High Quality Liquid 869.95 327.72 1220.56 Assets (HQLA) Ukdnh dk ckg~; izokg@ $%&'#()*\,-& QqVdj tek vkSj NksVs O;kikjh xzkgdksa 2 }kjk tek ftlesa ls@ Retail deposits and 3357.44 255.04 2821.38 211.41 3702.78 282.05 deposits from small business customers, of which: (i) fLFkj tek@ Stable deposits 1614.16 80.71 1414.56 70.73 1764.50 88.22 (ii) de fLFkj tek@ Less stable deposits 1743.27 174.33 1406.82 140.68 1938.28 193.83 3 vlqjf{kr Fkksd fu/kh;u] ftlesa ls@ 633.10 170.29 313.62 56.99 621.29 127.96 Unsecured wholesale funding, of which: (i) ifjpkyuxr tek¼lHkh izfri{kh½@ ------Operational deposits (all counterparties) (ii) xSj ifjpkyuxr tek ¼leLr izfri{kh½ 633.10 170.29 313.62 56.99 621.29 127.96 Non-operational deposits (all counterparties) (iii) vlqjf{kr _.k@ Unsecured debt ------4 lqjf{kr Fkksd fu/kh;u@ Secured wholesale ------funding 5 vfrfjDr vko';drk] ftlesa ls@ 611.96 38.98 513.25 28.97 666.32 43.03 Additional requirements, of which xkS.k _.k vkSj vU; laikf'Zod vko';drkvksa (i) ls lEcfUèkr cfgxZeu@ ------!"\$%&'()*+"),'"$',)(-.+"-.)')/0$&!()&' and other collateral requirements _.k mRiknksa ij foRrh;u dh gkafu ls (ii) lEcfU/kr cfgxZeu@ !"\$%&'()*+"),'"$' ------loss of funding on debt products (iii) _.k vkSj rjyfuf/k lqfo/kk,a@ 611.96 38.98 513.25 28.97 666.32 43.03 Credit and liquidity facilities 6 vU; lafonkxr foRrh;u ck/;rk@ 157.89 157.89 89.23 89.23 162.61 162.61 Other contractual funding obligations 7 vU; vkdfLed foRrh;u ck/;rk 88.38 2.65 31.16 1.41 92.92 2.79 Other contingent funding obligations 8 Lkdy udn cfgxZeu@ 1$"+*'2+&3' !"\$%& 4848.77 624.84 3768.64 388.01 5245.92 618.45 Ukdnh vkxeu@ $%&'# .\,-& 9 lqjf{kr m/kkj ¼mnkgj.k ds fy, fjolZ fjiks½ ------Secured lending (e.g. reverse repos) 10 iwjh rjg fu"iknd _.kksa ls vkxeu@ 969.81 761.24 554.25 351.88 936.60 720.99 45\$%&'6($7'6!**8'0)(6$(7-59')/0$&!()& 11 vU; udn vkxeu@ "3)(':+&3'-5\$%& 407.81 308.43 318.15 262.82 198.44 99.22 12 Lkdy udn vkxeu@ 1$"+*'2+&3'45\$%& 1377.61 1069.67 872.40 614.70 1135.04 820.21 13 mPp xq.koRrk dh ldy vkfLr ¼,pD;w,y,½ 869.95 327.72 1220.56 TOTAL HQLA 14 Lkdy 'kq) udn cfgxZeu@ 156.21 97.00 154.61 /,*%0#12*#$%&'#()*\,-& 15 Pkyfuf/k O;kfIr vuqikr ¼ %½ 556.91 337.85% 789.43 Liquidity Coverage Ratio (%) *vkSlr Hkkfjr vkSj xSj Hkkfjr jkf'k;ksa dh x.kuk twu 2016] flrEcj] 2016 ,oa fnlEcj] 2016 ds =Sekfld vkSlr ds lkekU; vkSlr ds vkèkkj ij dh xbZ gSA vkSlr Hkkfjr vkSj xSj Hkkfjr jkf'k;ksa dh x.kuk gsrq ekpZ 2017 =Sekfld dk nSfud vkSlr fy;k x;k gSA *The average weighted and unweighted amounts are calculated taking their simple average for the quarterly average of June 2016, September 2016, and December 2016. Daily average is taken for March 2017 quarter to calculate average weighted and unweighted amount. 103 [kkrksa ij fVIif.k;k¡ Notes on Accounts xq.kkRed Qualitative cSafdax Ik;Zos{k.k ds fy, csly lfefr ¼chlhch,l½ us pyfuf/k O;kfIr The Basel Committee for Banking Supervision (BCBS) had vuqikr ¼,ylhvkj½ bl mn~ns'; ls izLrkfor dh gS fd ;g lqfuf'pr proposed the liquidity coverage ratio (LCR) in order to ensure that a bank has an adequate stock of unencumbered high fd;k tk lds fd cSad ds ikl Ik;kZIr Lrj ij fcuk Hkkj xzLr mPp ;!+*-"8' *-;!-,' +&&)"&' <=>?@A' "$' &!(.-.)' +' &-95-[:+5"' *-;!-,-"8' xq.koRrk dh rjy vkfLr gS ftls rjy fuf/k ds Ik;Zos{kdksa }kjk fufnZ"V &"()&&'*+&"-59'6$('+'0)(-$,'$6'CD',+8&E'?2F'-&',)[5),'+&'+'(+"-$' mYys[kuh; #i ls rhcz ncko dh fLFkfr esa viuh rjyfuf/k dh vko';drk $6'=>?@'"$'"3)'"$"+*'5)"':+&3'$!"\$%&')&"-7+"),'6$('"3)'5)/"' dh iwfrZ ds fy, 30 fnuksa dh vof/k esa udnh esa cnyk tk ldrk gSA 30 calendar days. As per the RBI guidelines the minimum LCR Hkkjrh; fjtoZ cSad ds fn'kk funsZ'kksa ds vuqlkj cSadksa }kjk 1 tuojh] 2015 required to be maintained by banks shall be implemented in the ls j[kk tkus okyk U;wure okafNr pyfuf/k O;kfIr vuqikr ¼,ylhvkj½ phased manner from January 1, 2015 as given below. fuEukuqlkj pj.kc) rjhds ls ykxw fd;k tk;sxkA Tkuojh 1 ls Starting from 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 izkjEHk January 1 U;wure ,ylhvkj 60% 70% 80% 90% 100% Minimum LCR 60% 70% 80% 90% 100% pyfuf/k O;kfIr vuqikr ¼,y lh vkj½ ds nks ?kVd gSa% The LCR has two components: d½ mPp Lrj dh pyfuf/k vkfLr ¼,p D;w ,y ,½ ds LVkd ds ewY; dk (a) The value of the stock of high-quality liquid assets (HQLA) ncko dh fLFkfr esa gksukA in stressed conditions. [k½ ldy 'kq) udnh cfgxZeu% Þldy 'kq) udnh cfgxZeuß 'kCnka'k 104 [kkrksa ij fVIif.k;k¡ Notes on Accounts foŸkh; laLFkkuksa vkSj vkjchvkbZ ls izkIr jkf'k vkSj vU; lafonkRed udnh Non-Financial Wholesale Counterparties, amount to be received 'kkfey gSaA from Financial Institutions & RBI, and from Other Contractual 2+&3'45\$%&E 'kq) udnh cfgokZg izokg fd x.kuk fjtoZ cSad ds fu/kkZfjr cfgokZg 13)'5)"':+&3'$!"\$%&'+()':+*:!*+"),'G8'+00*8-59'FK4'0()&:(-G),' dkjdksa ds vuqlkj fofHkUUk Jsf.k;ksa ds fy, rFkk lkFk gh vukgfjr $!"\$%'6+:"$(&'"$'"3)'.+(-$!&':+")9$(-)&'$6'*-+G-*-"-)&'+&'%)**'+&' izfrc)rk, vkSj vkaf'kd :i ls 30 fnuksa ds Hkhrj ifjiDo gksus okyh "$'!5,(+%5':$77-"7)5"&L'0+("-+**8'$66&)"'G8'-5\$%&'6($7'+&&)"&' vkfLr;ka ds udnh izokg ls dh tkrh gSaA maturing within 30 days. 2015&16 ds nkSjku vkSlr LCR 337-85 izfr'kr Fkk tks 2016&17 The average LCR was at 337.85% for 2015-16 which stands esa 556-91 izfr'kr ij gS] tks fd vkjchvkbZ }kjk fu/kkZfjr U;wure as 556.91% for 2016-17 comfortably above RBI prescribed minimum requirement. The average HQLA were ` 327.72 Crores vko';drk ls vf/kd FkkA vkSlr HQLA 2015&2016 esa 327-72 djksM+ in 2015-2016 & `869.95 Crores in 2016-17. The average cash #i;s Fks] vkSj 2016&17 esa 869-95 djksM+ #i, gSA 2015&16 esa vkSlr $!"\$%&'%)()'`388.01 Crores in 2015-16 & ` 624.84 Crores in udnh izokg 388-01 djksM+ #i;s Fks vkSj 2016&2017 esa 624-84 djksM+ MDNOPMDNQE'R-7-*+(*8L'"3)'+.)(+9)'-5\$%&'6$('MDNSPMDNO'%)()' #i;s gSA blh rjg] 2015&2016 ds fy, vkSlr varokZg 614-70 djksM+ `614.70 Crores & `1069.67 Crores in 2016-2017. #i;s vkSj 2016&2017 esa 1069-67 djksM+ #i;s FksA Hkkjrh; ys[kkekud ¼ Ind As ½ dk dk;kZUo;u% IMPLEMENTATION OF INDIAN ACCOUNTING STANDARDS (IND AS) : Hkkjrh; fjtoZ cSad ds ifji= No.DBR.BP.BCNo- 76 @ 21-07-001 @ In terms of RBI circular No.DBR.BP.BC No.76/21.07.001/ 2015&16 fnukad 11 Qjojh] 2016 ls cSadks dks 1 vizSy] 2018 ds ckn ls 2015-16 dated February 11,2016 banks were required to implement with the Indian Accounting Standard (Ind AS) for 'kq: gks jgs foŸkh; o"kksZa ds ys[kkadu ds fy, Hkkjrh; ys[kkekud (Ind AS) [5+5:-+*' &"+")7)5"&' 6$(' +::$!5"-59' 0)(-$,&' G)9-55-59' 6($7' ds lkFk ykxw djuk vko';d gSA ekpZ 31-2018 ls lekIr gks jgs o"kZ ds April 1, 2018 onwards, with comparatives for the periods ending fy, rqyuh;rk ¼ comparatives) ds lkFk gksuk vko';d gSA March 31,2018 or thereafter. cSadksa dks vkxs Ind As ds dk;kZUo;u dk mudh foŸkh; fLFkfr ij iM+us Banks were further instructed to assess the impact of the Ind AS okys izHkko dk vkdyu djus dk funsZ'k fn;k x;k gS] ftlesa iwath dh -70*)7)5"+"-$5'$5'"3)-('[5+5:-+*'0$&-"-$5'-5:*!,-59'"3)'+,);!+:8' of capital, taking into account the Basel–III capital requirements i;kZIrrk rFkk csly r`rh; iwath vko';drkvksa lfgr cksMks± dks frekgh and place quarterly progress reports to their Boards. Banks also izxfr fjiksVZ izLrqr djus dks dgk gSA cSadks dks rS;kfj;ksa ds :i esa 5)),'"$'G)'-5'0()0+(),5)&&'"$'&!G7-"'0($6$(7+'45,'@R'[5+5:-+*' performa Ind As foŸkh; fooj.k Nekgh flracj 30-2016 ds ckn ls statements to the reserve bank from the half year ended fjtoZ cSad dks izLrqr djus dh t:jr gSA September 30,2016 onwards. Åij dgs ifji= ds vuqikyu esa] cSad us egkizcaèkd dh vè;{krk esa ,d In compliance with the said circular, the bank has formed a lapkyu lfefr dk xBu fd;k gSA 30 flrEcj dks lekIr gksus okys Steering Committee headed by the General Manager and report Nekgh o"kZ dk IND AS dk foŸkh; izk:i] fjt+oZ cSad dks 28-12-2016 dks to the Audit Committee of the bank. The Performa for IND AS Hkstk tk pqdk gSA statements for the half year ended 30th September, 2016 has been submitted with RBI on 28.12.2016. 105 [kkrksa ij fVIif.k;k¡ Notes on Accounts 31-03-2017 dks 'kh"kZ 20 m/kkj xzkgdksa ds uke TOP 20 BORROWAL CUSTOMERS AS ON 31.03.2017 ¼#i;s djksM+ esa½@ (` in Crore) Ø l- xzkgd dk uke czkap foŸk iksf"kr xSj foŸk iksf"kr VhlhbZ@ SI. NO CUSTOMER NAME Branch ,Dlikstj ,Dlikstj TCE FUNDED NON FUNDED EXPOSURE EXPOSURE Jh t;iky Çlg 'kekZ VªLV xkft+;kckn 80.11 0.00 80.11 1 SHRI JAIPAL SINGH SHARMA TRUST Ghaziabad ';kek ikWoj bafM;k fyfeVsM xqMxk¡o 30.30 45.00 75.30 2 SHYAMA POWER INDIA LTD Gurgaon vkbZ ,y ,aM ,WQ+ ,l VªkaliksVsZ'ku usV- fyfeVsM iViM+xat] fnYyh 74.96 - 74.96 3 IL & FS TRANSPORTATION NET ltd Patparganj, Dehi vkj ch ,u ,l 'kqxj feYl fyfeVsM :M++dh 50.00 - 50.00 4 RBNS SUGAR MILLS LIMITED Roorkee #æk vkWVks Vsd bathfu;fjax izkbosV fyfeVsM #æiqj 40.12 5.00 45.12 5 Rudra Auto Tech Engg Pvt Ltd. Rudrapur csuyksu bafM;k fyfeVsM 'kkyhekj ckx] fnYyh 30.29 10.93 41.22 6 BENLON INDIA LIMITED Shalimarbagh, Delhi oh vkj okbZ baMfLVª;y ikdZ iIiudyka] fnYyh 39.31 0.01 39.32 7 VRY INDUSTRIAL PARK Pappankalan jktLFkku ¶ysfDlcy iSdsftax fyfeVsM ihreiqjk] fnYyh 33.97 0.02 33.99 8 RAJASTHAN FLEXIBLE PACKAGING LTD Pitampura, Delhi lkfVu ØsfMV ds;j usVodZ fyfeVsM ihreiqjk] fnYyh 29.99 - 29.99 9 SATIN CREDITCARE NETWORK ltd Pitampura, Delhi Çtny fjQk;ujht fyfeVsM dk'khiqj 27.97 0.00 27.97 10 JINDAL REFINERIES LTD Kashipur ,Mokal esfMdy lkbal ,aM ,tqds'kuy lkslkbVh ADVANCE MEDICAL SCIENCE & EDUCATIONAL 'kkyhekj ckx] fnYyh 23.19 -- 23.19 Shalimarbagh, Delhi 11 SOCIETY izsf'k;l fcYMVsd izkbosV fyfeVsM izHkkr uxj] cjsyh 18.71 2.74 21.45 12 PRECIOUS BUILDTECH PVT LTD Prabhat Nagar, Bareiily fØl 'kkyhekj izkstsDV~l izkbosV fyfeVsM Vh ,u jksM] y[kuÅ 20.23 --- 20.23 13 KRRISH SHALIMAR PROJECTS P LTD T N Road, Lucknow lwn lhM~l daiuh izkbosV fyfeVsM cktiqj 20.00 --- 20.00 14 SOOD SEEDS COMPANY PVT LTD Bazpur dq#{ks= ,Dlizslos izkbosV fyfeVsM Qjhnkckn] gfj;k.kk 18.30 --- 18.30 15 KURUKSHETRA EXPRESSWAY PVT LTD Faridabad, Haryana xzkfQ++d bjk ,tqds'kuy lkslkbVh gfj}kj jksM] nsgjknwu 17.11 0.00 17.11 16 GRAPHIC ERA EDUCATIONAL SOCIETY Hardwar Road, Dehradun ,f'k;u dyj dksVsM bLikr fyfeVsM ih ds jksM] fnYyh 15.49 --- 15.49 17 ASIAN COLOR COATED ISPAT LTD P K Road, Delhi Jh ckykth QkeZ ,aM jkbl izkslsÇlx izkbosV fyfeVsM flfoy ykbUl] cjsyh 15.00 --- 15.00 SHRI BALAJI FARMS AND RICE PROCESSING Civil lines, Bareilly 18 PRIVATE LIMITED Jh lwn lhM~l cktiqj 12.50 1.25 13.75 19 SRI SOOD SEEDS Bazpur ek¡ Hkxorh daLVªD'ku daiuh uks,Mk lsDVj - 50 6.00 7.00 13.00 20 MAA BHAGWATI CONSTRUCTION CO NOIDA Sector - 50 ;ksx 603.55 71.95 675.50 TOTAL 106 udnh izokg dk fooj.k Statement of Cash Flow 31 ekpZ] 2017 dks lekIr gq, o"kZ ds udnh çokg dk fooj.k STATEMENT OF CASH FLOW FOR THE YEAR ENDED 31 ST MARCH 2017 ¼#i;s gtkj esa½@ (` in Thousands) 31-03-2017 dks lekIr o"kZ 31-03-2016 dks lekIr o"kZ Year Ended 31.03.2017 Year Ended 31.03.2016 d½ / ifjpkyuxr dk;Zdykiksa ls udnh izokg A. !"#$\&'$()&*$&+,)!-./0$!1-.2.-.,"$3 djk/kku ls igys 'kq) ykHk@ 4,-$+)&[-$6,(&),$-!7,"8 754709 665200 fuEufyf[kr ds fy, lek;kstu@ Adjustments for : LFkkbZ vkfLr;ksa ij ewY;gzkl@ 9,+),1.!-.&/$&/$[7,:$;"",-" 37731 30845 izfrysf[kr fuos'k ij ewY;gzkl@ Depreciation on investment Written back 0 -10827 fuos'kksa ds fy, fd;k x;k izkoèkku@ Provision made on Investment 51487 0 vutZd vkfLr;ksa ds fy, izko/kku@ Provision in respect of NPA. 295171 118183 iquZxfBr ekud vkfLr;ksa ds fy, izko/kku@ Provision for standard assets restr -7758 20300 vU; enksa ds fy, izko/kku@ Provision for other items. 291 0 LFkkbZ vkfLr;ksa dh fcØh ij ykHk@¼¼gkfu½@ <)&[-$=>&""?$&/$"!@,$&($[7,:$;"",-"8 286 -107 pkyw o"kZ ds fy, vkLFkfxr dj@ Deferred Tax for Current year 3886 42259 vfrfjDr izko/kku tks izfrysf[kr fd;k x;k@ Excess Provision written back 0 -348 1135803 865505 fuEufyf[kr ds fy, lek;kstu@ Adjustment for : fuos'kksa esa ¼o`f)½@deh@ (Increase)/Decrease in investments -7282245 -21780 vfxzeksa esa ¼o`f)½@deh@ (Increase)/Decrease in advances -5221198 -1292381 vU; vkfLr;ksa esa ¼o`f)½@deh@ (Increase)/Decrease in other assets -81707 -1373603 m/kkj esa o`f)@¼deh½@ Increase/(Decrease) in Borrowings -1153 -460 tek esa o`f)@¼deh½@ Increase/(Decrease) in deposits 15421984 -334562 vU; ns;rkvksa vkSj izko/kkuksa esa o`f)@¼deh½ -338700 970208 Increase/(Decrease) in other liabilities and provisions Hkqxrku fd;k x;k izR;{k dj@ Direct Taxes paid. -270100 -195500 ifjpkyuxr dk;Zdykiksa ls 'kq) udnh ¼d½ 3362684 -1382575 Net Cash from operating Activities (A) [k½ / fuos'k lEcU/kh dk;Zdykiksa ls udnh izokg B. !"#$\&'$()&*$./2,"-./0$!1-.2.-.,"$3 LFkkbZ vkfLr;ksaa esa ¼o`f)½@deh@ =A/1),!",?B9,1),!",$./$[7,:$;"",-" -66266 -26837 O;kikj ls lEcfU/kr fuos'kksa esa ifjorZu@ Changes in Trade related investments 0.00 0.00 leuq"kaxh@vU; ls izkIr ykHkka'k@ Dividend received from subsidiaries/others 0.00 0.00 fuos'k lEcU/kh dk;Zdykiksa ls 'kq) udnh ¼[k½ -66266 -26837 Net Cash from investing activities (B) 'ks;j iwath@ Share Capital 100000 0.00 'ks;j ij of/kZr ewY; ¼izhfe;e½@ Share Premium 140000 0.00 vizfrHkwr ekspuh; ckW.M@ Unsecured Redeemable Bonds 0.00 0.00 ykHkka'k@ Dividend -64797 -178191 vizfrHkwr ekspuh; ckW.Mksa ij fn;k x;k@ns; C;kt 0.00 0.00 Interest paid/payable on unsecured redeemable bonds x½ / foŸkh; dk;Zdykiksa ls 'kq) udnh ¼x½@ 4,-$ !"#$()&*$[/!/1./0$;1-.2.-.,"=1? 175203 -178191 C. udnh vkSj udn lerqY;ksa esa 'kq) o`f) ¼d½ $ ¼[k½ $ ¼xa½ 3471621 -1587604 Net increase in cash & cash equivalents (A)+(B)+(C) o"kZ ds vkjEHk ij udnh o lerqY;@ Opening Cash & cash equivalents 18004293 19591897 o"kZ dh lekfIr ij udnh o lerqY;@ Closing Cash & cash equivalents 21475914 18004293 107 Yks[kk ijh{kdksa dh fjiksVZ Auditor’s Report Lora= Yks[kk ijh{kdksa dh fjiksVZ INDEPENDENT AUDITOR'S REPORT UkSuhrky cSad fyfeVsM ds To the Members of The Nainital Bank Limited va'k/kkjdksa ds izfr ,dy foÙkh; foojf.k;ksa ij fjiksVZ Report on the Standalone Financial Statements 1- geus uSuhrky cSad fyfeVsM ¼blds ckn ftls ßcSadß fy[kk x;k C8$ D,$ #!2,$ !E:.-,:$ -#,$ !11&*+!/F./0$ "-!/:!@&/,$ [/!/1.!@$ statements of The Nainital Bank Limited (‘the Bank'), which gS½ dh] layXu ,dy foojf.k;ksa ftuesa 31 ekpZ] 2017 dk rqyu comprise the Balance Sheet as at 31 March 2017, the Ik=] ykHk&gkafu [kkrk fooj.k vkSj mlh frfFk dks lekIr gq, o"kZ <)&[-$!/:$>&""$;11&E/-G$-#,$ !"#$H@&'$I-!-,*,/-$(&)$-#,$ dh udnh izokg fooj.kh vkSj egRoiw.kZ ys[kk uhfr;ksa dk lkjka”k F,!)$-#,/$,/:,:G$!/:$!$"E**!)F$&($".0/.[1!/-$!11&E/-./0$ rFkk vU; O;k[;kRed lwpuk,a lfEefyr gSa] ys[kk ijh{kk dh gS A policies and other explanatory information. Incorporated in bu foRrh; foojf.k;ksa esa gekjs }kjk ys[kk ijhf{kr 6 'kk[kkvksa dh -#,",$ [/!/1.!@$ "-!-,*,/-"$ !),$ -#,$ ),-E)/"$ &($ 6 branches foojf.k;ka rFkk 'kk[kk ys[kk ijh{kdksa }kjk ijhf{kr 128 'kk[kkvksa dk audited by us and 128 branches audited by statutory branch tksfd fnYyh] gfj;k.kk] jktLFkku] mRrjk[k.M ,oa mRrj izns”k fLFkr auditors of bank branches at Delhi, Haryana, Uttar Pradesh, “kk[kkvksa dh foojf.k;ka lfEefyr gSa A Hkkjrh; fjtoZ cSad ds }kjk Rajasthan and Uttrakhand. The branches audited by us and those audited by other auditors have been selected by the tkjh fn”kk&funsZ”kksa ds vuqlkj cSad }kjk fu/kkZfjr “kk[kkvksa dk gekjs Bank in accordance with the guidelines issued to the Bank }kjk ,oa vU; “kk[kk ys[kk ijh{kdksa }kjk ijhf{kr dh xbZ A by the Reserve Bank of India. ,dy foRrh; foojf.k;ksa ds fy;s izcU/ku Management's Responsibility for the Standalone dk nkf;Ro Financial Statements 2- cSad dk funs”kd e.My dEiuh vf/kfu;e 2013 ¼vf/kfu;e½ ds 2. The Bank's Board of Directors is responsible for the matters [k.M 134 ¼5½ esa fn, x, elyksa ds fy, mRrjnk;h gS tks bu stated in section 134(5) of the Companies Act, 2013 (‘the ,dy foRrh; foojf.k;ksa tks foRrh; fLFkfr;ksa] foRrh; dk;Zdykiksa Act') with respect to the preparation of these standalone vkSj cSad ds foRrh; izokg dh mu ys[kk fl)kUrksa] tks lkekU;r% [/!/1.!@$ "-!-,*,/-"$ -#!-$ 0.2,$ !$ -)E,$ !/:$ (!.)$ 2.,'$ &($ -#,$ [/!/1.!@$ +&".-.&/G$ [/!/1.!@$ +,)(&)*!/1,$ !/:$ 1!"#$ \&'"$ Hkkjr esa Lohdk;Z gSa rFkk vf/kfu;e ds [k.M 133 ds vUrxZr fufnZ’V of the Bank in accordance with the accounting principles ys[kk ekudksa ftUgsa dEiuh ¼ys[kk½ fu;e 2014 ds fu;e 7 ds lkFk generally accepted in India, including the Accounting rFkk cSafdax jsX;wys”ku ,DV 1949 ds lsD”ku 29 ds izko/kkuksa vkSj I-!/:!):"$ "+,1.[,:$ E/:,)$ ",1-.&/$ CJJ$ &($ -#,$ ;1-G$ ),!:$ Hkkjrh; fjtoZ cSad }kjk le;≤ ij tkjh fofHkUu fn”kk&funsZ”kksa with Rule 7 of the Companies (Accounts) Rules, 2014 and o ifji=ksa ds vuqlkj i<+k tk;s] dk fooj.k lgh vkSj fu’i{k fLFkfr provisions of Section 29 of the Banking Regulation Act, n”kkZrk gS A bl nkf;Ro esa vf/kfu;e ds izko/kkuksa ds vuqlkj cSad 1949 and circulars and guidelines issued by the Reserve dh vkfLr;ksa dh lqj{kk rFkk /kks[kk/kM+h rFkk vU; vfu;ferrkvksa dks Bank of India (‘RBI') from time to time. This responsibility jksdus vkSj mudk irk yxkus] mfpr ys[kk uhfr;ksa ds p;u vkSj also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding dk;kZUo;u] ;Fkksfpr vkSj foosdiw.kZ fu.kZ; ysus vkSj vkadyu djus of the assets of the Bank and for preventing and detecting rFkk Ik;kZIr vkarfjd foRrh; fu;a=.k dh #ijs[kk ds dk;kZUo;u] frauds and other irregularities; selection and application fdz;kUo;u vkSj j[k&j[kko] tks ,slh foRrh; foojf.k;ksa tks lgh of appropriate accounting policies; making judgments and ,oa fu’i{k fLFkfr n”kkZrh gSa vkSj fdlh Hkh vokLrfodrk pkgs og estimates that are reasonable and prudent; and design, /kks[kkèkM+h dh otg ls gks ;k =qfVo”k] ls eqDr gks] ls lEcfU/kr implementation and maintenance of adequate internal ys[kk fjdkMZ dks iwjk djus vkSj mldh ;FkkFkZrk dks lqfuf”pr djus [/!/1.!@$1&/-)&@"G$-#!-$',),$&+,)!-./0$,((,1-.2,@F$(&)$,/"E)./0$ ds fy, izHkkoiw.kZ 108 Yks[kk ijh{kdksa dh fjiksVZ Auditor’s Report 4- geus vf/kfu;e ds izko/kkuksa] ys[kkdj.k vkSj ys[kk ijh{kk ds ekudksa 4. We have taken into account the provisions of the Act, the vkSj mu elyksa dks ftUgsa vf/kfu;e ds izko/kkuksa vkSj fu;eksa ds accounting and auditing standards and matters which vUrxZr ys[kk ijh{kdksa dh fjiksVZ esa lfEefyr djuk visf{kr gS dks are required to be included in the audit report under the laKku esa fy;k gS A provisions of the Act and the Rules made there under. 5. We conducted our audit of the Bank including its branches 5- geus cSad dk bldh “kk[kkvksa lfgr vf/kfu;e ds [k.M 143 ¼10½ ds in accordance with Standards on Auditing (‘the Standards') vUrxZr tkjh ekudksa ds vuq#i ys[kk ijh{kk dk dk;Z fd;k A bu "+,1.[,:$E/:,)$",1-.&/$CKJ=CL?$&($-#,$;1-8$M#&",$I-!/:!):"$ ekudksa ds vuqlkj ;g visf{kr gS fd ge uSfrd vis{kkvksa dk ikyu require that we comply with ethical requirements and plan djsa vkSj ys[kk ijh{kk dh ;kstuk ,oa fdz;kUo;u bl izdkj djsa rkfd and perform the audit to obtain reasonable assurance ;g lqfuf”pr gks lds fd foRrh; foojf.k;ka fdlh Hkh =qfViw.kZ dFku !6&E-$'#,-#,)$-#,$[/!/1.!@$"-!-,*,/-"$!),$(),,$&($*!-,).!@$ ls eqDr gSa A misstatements. 6- ys[kk ijh{kk ds dk;Z esa foRrh; foojf.k;ksa esa fn, x, vkadM+ksa vkSj 6. An audit involves performing procedures to obtain audit izdVhdj.k ds leFkZu esa fn, x, lk{;ksa ds vk/kkj ij dk;Z fu’iknu evidence about the amounts and the disclosures in the dh izfdz;k dh tkrh gS A p;u dh xbZ izfdz;k ys[kk ijh{kd ds fu.kZ; [/!/1.!@$ "-!-,*,/-"8$M#,$ +)&1,:E),"$ ",@,1-,:$ :,+,/:$ &/$ ij fuHkZj djrh gS ftlesa foRrh; foojf.k;ksa esa =qfViw.kZ dFku pkgs oks the auditor's judgment, including the assessment of the risks /kks[ks ls gks ;k xyrh ls] ds tksf[ke dk vkdyu Hkh lfEefyr gS A &($*!-,).!@$*.""-!-,*,/-$&($-#,$[/!/1.!@$"-!-,*,/-"G$'#,-#,)$ mu tksf[keksa dk vkadyu djrs le; ys[kk ijh{kd cSad }kjk lgh ,oa due to fraud or error. In making those risk assessments, the fu’i{k foRrh; foojf.k;ksa dh rS;kjh ds lEcU/k esa vkUrfjd foRrh; !E:.-&)$ 1&/".:,)"$ ./-,)/!@$ [/!/1.!@$ 1&/-)&@$ ),@,2!/-$ -&$ -#,$ fu;a=.k ij fopkj djrk gS rkfd og ys[kk ijh{kk dh #ijs[kk tks ml N!/OP"$ +),+!)!-.&/$ &($ -#,$ [/!/1.!@$ "-!-,*,/-"$ -#!-$ 0.2,$ !$ fLFkfr esa mfpr gks rS;kj dj lds A ysfdu ;g dEiuh dh foRrh; true and fair view in order to design audit procedures that foojf.k;ksa ds fy, Ik;kZIr vkUrfjd foRrh; fu;U=.k O;oLFkk vkSj are appropriate in the circumstances. An audit also includes ,sls fu;U=.k ds ifjpkyuxr izHkko”khyrk ij fopkj O;Dr djus ds evaluating the appropriateness of accounting policies used mn~ns”; ls ugha gS A ys[kk ijh{kk esa cSad ds funs”kdksa }kjk viuk;h and the reasonableness of the accounting estimates made xbZ ys[kk uhfr;ksa dh leqfprrk] ys[kkuqekuksa ds vkSfpR; rFkk foRrh; by the Bank's Directors, as well as evaluating the overall foojf.k;ksa ds lexzrk izdVhdj.k dk vkadyu Hkh lfEefyr gS A +),",/-!-.&/$&($-#,$[nancial statements. 7- gesa fo'okl gS fd tks lk{; gesa izkIr gq, gSa os ,dy foRrh; 7. We believe that the audit evidence we have obtained is fooj.kksa dh ys[kk ijh{kk ls lEcfU/kr jk; nsus ds fy;s i;kZIr vkSj "E([1.,/-$ !/:$ !++)&+).!-,$ -&$ +)&2.:,$ !$ 6!"."$ (&)$ &E)$ !E:.-$ mfpr vk/kkj iznku djrs gSa A &+./.&/$&/$-#,$"-!/:!@&/,$[/!/1.!@$"-!-,*,/-"8 jk; Opinion 8- gekjh jk; rFkk loksZRre tkudkjh esa rFkk gesa fn;s x;s Li"Vhdj.k 8. In our opinion and to the best of our information and according ds vk/kkj ij mijksDr ,dy foojf.k;ka vkSj mDr [kkrs vkSj mu to the explanations given to us, the aforesaid standalone ij nh xbZ fVIif.k;k¡] cSafdax fofu;eu vf/kfu;e 1949 rFkk dEiuh [/!/1.!@$ "-!-,*,/-"$ 0.2,$ -#,$ ./(&)*!-.&/$ ),QE.),:$ 6F$ -#,$ Banking Regulation Act, 1949 as well as the Companies vfèkfu;e 2013 ds vUrxZr visf{kr lwpuk,a cSaddkjh dEifu;ksa Act, 2013 in the manner so required for banking companies ds fy;s visf{kr fof/k ls nsrh gSa rFkk 31 ekpZ] 2017 dks cSad ds and give a true and fair view in conformity with accounting dke&dkt vkSj mlh fnu lekIr o’kZ dks blds ykHk vkSj udnh principles generally accepted in India of the state of affairs izokg dh lgh vkSj fu’i{k fLFkfr cSadksa ds dkedkt ds lEcU/k esa of the Bank as at 31 st $R!)1#G$SLCTG$!/:$.-"$+)&[-$!/:$.-"$1!"#$ lkekU;r% Lohdk;Z ys[kk fl)kUrksa ds vuqlkj n”kkZrh gSa A \&'"$(&)$-#,$F,!)$-#,/$,/:,:8 vU; fof/kd vkSj fu;ked ekeyksa ij fjiksVZ Report on Other Legal and Regulatory Requirements 9- rqyu&Ik= ,oa ykHk&gkfu [kkrk cSaddkjh fofu;eu vfèkfu;e] 1949 U8$ M#,$N!@!/1,$I#,,-$!/:$-#,$<)&[-$!/:$>&""$;11&E/-$#!2,$ dh /kkjk 29 ds izko/kkuksa ftUgsa dEiuh vfèkfu;e 2013 dh èkkjk 133 been drawn up in accordance with the provisions of Section rFkk dEiuh ¼ys[kk½ fu;e 2014 ds fu;e 7 ds lkFk Ik<+k tk,] ds 29 of the Banking Regulation Act, 1949 read with Section vuqlkj rS;kj fd, x, gSaA 133 of the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014. 10- tSlk fd cSaddkjh fofu;eu vf/kfu;e 1949 ds [k.M 30 ds mi[k.M 10. As required by sub section (3) of section 30 of the Banking ¼3½ ds vuqlkj visf{kr gS ge lwfpr djrs gSa fd % Regulation Act, 1949, we report that: 109 Yks[kk ijh{kdksa dh fjiksVZ Auditor’s Report d½ os leLr lwpuk,a vkSj Li"Vhdj.k tks gekjh loksZRre tkudkjh a) We have obtained all the information and explanations vkSj fo'okl ls ys[kk ijh{kk ds fy, vko';d Fks] gesa fey x, which, to the best of our knowledge and belief, were gSa vkSj geus bUgsa lUrks"ktud ik;k gSA necessary for the purpose of our audit and have found them to be satisfactory; [k½ gekjh tkudkjh esa vk;s cSad ds ysu&nsu cSad ds vf/kdkj {ks= b) The transactions of the Bank, which have come to our esa fd, x, gSa A notice, have been within the powers of the Bank. x½ cSad ds dk;kZy;ksa o 'kk[kkvksa ls izkIr foojf.k;ka ys[kk ijh{kk c) M#,$),-E)/"$),1,.2,:$()&*$-#,$&([1,"V$!/:$6)!/1#,"$&($ gsrq Ik;kZIr ik;h x;haA the Bank have been found adequate for the purposes of our audit. 11- iqu% tSlk fd dEiuh vf/kfu;e 2013 ds [k.M 143 ¼3½ ds vuqlkj 11. Further, as required by section 143(3) of the Act, we further visf{kr gS ge iqu% lwfpr djrs gSa fd %& report that: i) os leLr lwpuk,a vkSj Li"Vhdj.k tks gekjh loksZRre tkudkjh i) We have sought and obtained all the information and vkSj fo'okl ls ys[kk ijh{kk ds fy, vko';d Fks] geus ekaxs explanations which to the best of our knowledge and rFkk ;g gesa fey x, gSa belief were necessary for the purpose of our audit; ii) In our opinion, proper books of account as required by ii) gekjh jk; esa cSad us ;Fkksfpr ys[kk cfg;ka] tgka rd budh tkap ls izdV gksrk gS ;Fkkfof/k rS;kj dh gSa vkSj mu “kk[kkvksa law have been kept by the Bank so far as it appears ftudh geus ys[kk ijh{kk ugha dh g]S ls mfpr foojf.k;ka tks from our examination of those books and proper gekjs }kjk dh tk jgh ys[kk ijh{kk ds fy, Ik;kZIr g]Sa izkIr dj returns adequate for the purposes of our audit have yh xbZ gSa A been received from branches not visited by us. iii) cSad ds 'kk[kk ys[kk ijh{kdksa }kjk dEiuh vf/kfu;e 2013 ds iii) M#,$ ),+&)-"$ &/$ -#,$ !11&E/-"$ &($ -#,$ 6)!/1#$ &([1,"$ [k.M 143 ¼8½ ds vUrxZr ys[kk ijhf{kr 'kk[kkvksa ds [kkrksa ij audited by branch auditors of the Bank under section fjiksVZ Hkh gesa Hksth xbZ gS vkSj bUgsa bl fjiksVZ esa fy;k x;k 143(8) of the Companies Act 2013 have been sent to gSA us and have been properly dealt with by us in preparing this report. iv) rqyu&i= vkSj ykHk&gkfu [kkrk rFkk udnh izokg fooj.kh iv) M#,$N!@!/1,$I#,,-G$-#,$<)&[-$!/:$>&""$;11&E/-$!/:$ ftuls ;g fjiksVZ lEcfUËkr gS ys[kk cfg;ksa vkSj mu “kk[kkvksa the Cash Flow Statement dealt with by this report are ls] ftudh geus ys[kk ijh{kk ugha dh gS] izkIr foojf.k;ksa ls in agreement with the books of account and with the feyku dj rS;kj fd;s x;s gSaA returns received from the branches not visited by us. v) A/$ &E)$ &+./.&/G$ -#,$ !(&),"!.:$ "-!/:!@&/,$ [/!/1.!@$ v) gekjh jk; esa mijksDr ,dy foRrh; foojf.k;ka vf/kfu;e ds statements comply with the Accounting Standards [k.M 133 esa fofufnZ’V ys[kk ekudksa ftUgsa dEiuh ¼ys[kk½ "+,1.[,:$E/:,)$I,1-.&/$CJJ$&($-#,$;1-G$),!:$'.-#$WE@,$ fu;e] 2014 ds fu;e 7 ds lkFk i<+k tk;s] ds vuqlkj gSa 7 of the Companies (Accounts) Rules, 2014, to the vkSj os vkj-ch-vkbZ- }kjk fu/kkZfjr ys[kk uhfr;ksa ds izfrdwy ugha extent they are not inconsistent with the accounting gSaA policies prescribed by RBI; vi) 31 ekpZ] 2017 dks izkIr funs'kdksa }kjk fn, x, fyf[kr vi) On the basis of written representations received from izfrosnuksa ftUgsa funs'kd eaMy us fjdkMZ esa fy;k gS] ds vkèkkj the directors as on 31 March 2017 taken on record ij dksbZ Hkh funs'kd 31 ekpZ] 2017 dks vf/kfu;e ds [k.M 164 by the Board of Directors, none of the directors is ¼2½ dh 'krksZa ds vuqlkj funs'kd ds in ds fy, vik= ugha :."QE!@.[,:$!"$&/$JC$R!)1#$SLCT$()&*$6,./0$!++&./-,:$ as a director in terms of Section 164 (2) of the Act : and gSA vii) cSad dh foRrh; fjiksZfVax ij vkUrfjd foRrh; fu;a=.k dh vii) D.-#$),"+,1-$-&$-#,$!:,QE!1F$&($-#,$./-,)/!@$[/!/1.!@$ Ik;kZIrrk ds lUnHkZ esa ,oa ,sls fu;U=.kksa dh ifjpkyukRed 1&/-)&@"$ &2,)$ [/!/1.!@$ ),+&)-./0$ &($ -#,$ N!/O$ !/:$ -#,$ izHkko ds fy;s gekjh izFkd fjiksVZ vuqyXud ¼d½ dk lanHkZ operating effectiveness of such controls, refer to our ysa A separate Report in “Annexure A”. 110 Yks[kk ijh{kdksa dh fjiksVZ Auditor’s Report viii) gekjh jk; esa ,oa leqfpr lwpuk ,oa Li’Vhdj.k ds vk/khu viii) With respect to the other matters to be included in the vU; ekeyksa esa] ftUgsa dEiuh ¼ys[kk ijh{kk vkSj ys[kk ijh{kd½ Auditor's Report in accordance with Rule 11 of the fu;e 2014 ds fu;e 11 ds vuqlkj ys[kk ijh{kk dh fjiksVZ esa Companies (Audit and Auditors) Rules, 2014, in our lfEefyr djuk gS%& opinion and to the best of our information and according to the explanations given to us: d½ cSad us viuh foRrh; foojf.k;ksa esa fopkjk/khu eqdneksa ds (a) The Bank has disclosed the impact of pending viuh foRrh; fLFkfr ij izHkko dks mtkxj fd;k gS& ns[ksa @.-.0!-.&/"$ &/$ .-"$ [/!/1.!@$ +&".-.&/$ ./$ .-"$ [/!/1.!@$ foRrh; foojf.k;ksa dh vuqlwph12] vuqlwph 18&uksV 7-7 A statements - Schedule 12, Refer Schedule 18 - 4&-,$T8T$-&$-#,$[/!/1.!@$"-!-,*,/-"V [k½ cSad us nh?kZ vof/k dh ,slh dksbZ lafonk ftlesa vuqekfur b) The Bank did not have any long-term contracts lafonk,a Hkh lfEefyr gSa] ftlesa dksbZ iwokZuqekfur uqdlku including derivative contracts for which there were gk]s ugha dh gS A any material foreseeable losses and x½ fuos'kd f'k{kk ,oa laj{k.k dks"k esa varaj.k ;ksX; okafNr c) There has been no delay in transferring amounts, èkujkf'k ds vUrj.k esa dksbZ foyEc ugh fd;k x;k gSA required to be transferred, to the Investor Education and Protection Fund by the Bank. d`rs ih,l,eth ,.M ,lksfl,V~l For PSMG and Associates lunh ys[kkdkj Chartered Accountants ,Q-vkj-,u- 008567lh FRN: 008567C g0@& LFkku% nsgjknwu ¼lh, lkSjHk xks;y½ Sd/- fnukad% 15-05-2017 l-la- 407620 Place of Signature: Dehradun (CA Saurabh Goel) Date of Report: 15/05/2017 M. NO. 407620 111 Yks[kk ijh{kdksa dh fjiksVZ Auditor’s Report uSuhrky cSad fyfeVsM ¼cSad½ dh foRrh; foojf.k;ksa ij Annexure A to the Independent Auditor's Report of Lora= ys[kk ijh{kdksa dh leku frfFk dh fjiksVZ dk even date on the Financial Statements of The Nainital layXud ¼d½ Bank Limited (‘the Bank') dEiuh vf/kfu;e] 2013 ds vuqHkkx 143 dh mi/kkjk 3 Report on the Internal Financial Controls under ds [k.M (i) ds vUrxZr vkUrfjd foÙkh; fu;U=.kksa ij Clause (i) of Sub-section 3 of Section 143 of the fjiksVZ Companies Act, 2013 1- geus 31 ekpZ] 2017 dks cSad dh leku frfFk dks lekIr o’kZ dh 1. D,$#!2,$!E:.-,:$-#,$./-,)/!@$[/!/1.!@$1&/-)&@"$&2,)$[/!/1.!@$ ,dy foRrh; foojf.k;ksa ds ys[kk ijh{k.k ds la;kstu esa uSuhrky reporting of The Nainital Bank Limited (‘the Bank'), as at 31 March 2017 in conjunction with our audit of the standalone cSad fyfeVsM dh foRrh; fjiksfVZax ds Åij foRrh; fu;a=.k dk ys[kk [/!/1.!@$"-!-,*,/-"$&($-#,$N!/O$(&)$-#,$F,!)$,/:,:$&/$-#!-$ ijh{k.k fd;kA date. vkUrfjd foÙkh; fu;a=.kksa ds fy;s izcU/ku dh Management's Responsibility for Internal Financial ftEesnkjh Controls 2- bULVhV~;wV vkWQ pkVZM ,dkmUVsUVl vkQ bfUM;k }kjk tkjh dh 2. The Bank's Board of Directors is responsible for establishing xbZ foRrh; fjiksfVZax ds Åij Hkkjrh; fjtoZ cSad ls izkIr ifji=ksa !/:$ *!./-!././0$ ./-,)/!@$ [/!/1.!@$ 1&/-)&@"$ 6!",:$ &/$ -#,$ ./-,)/!@$1&/-)&@$&2,)$[/!/1.!@$),+&)-./0$1).-,).!$,"-!6@."#,:$ ,oa funsZ'kksa ds vkèkkj ij vkUrfjd fu;a=.k ds vko”;d ?kVdksa dks by the Bank considering the essential components of internal /;ku esa j[krs gq, cSad }kjk LFkkfir foRrh; fjiksfVZax ij vkUrfjd control stated in the Guidance Note on Audit of Internal foRrh; fu;a=.k dks fu;r djus ,oa cuk, j[kus ds fy, cSad dk Financial Controls over Financial Reporting (‘the Guidance funs”kd eaMy ftEesnkj gSA bu ftEesnkfj;ksa esa i;kZIr vkUrfjd Note') issued by the Institute of Chartered Accountants of foRrh; fu;a=.kksa dk #ikadu ykxw djuk o cuk, j[kuk “kkfey gS India (‘the ICAI'). These responsibilities include the design, tks fd vius O;olk; ds dq”ky ,oa fu;ec) lapkyu ftlesa cSad implementation and maintenance of adequate internal dh uhfr;ksa ij dk;e jguk] bldh vkfLr;ksa dh lqj{kk] /kks[kk/kM+h [/!/1.!@$1&/-)&@"$-#!-$',),$&+,)!-./0$,((,1-.2,@F$(&)$,/"E)./0$ -#,$&):,)@F$!/:$,([1.,/-$1&/:E1-$&($.-"$6E"./,""G$./1@E:./0$ o xyfr;ksa dks jksduk ,oa irk yxkuk ys[kk fjdkWMZ dh lVhdrk] adherence to Bank's policies, the safeguarding of its assets, iw.kZrk ,oa fo”oluh; foRrh; lwpuk dh le; ij rS;kjh tSlk fd the prevention and detection of frauds and errors, the dEiuh vf/kfu;e] 2013 ds v/khu okafNr gS] dks lqfuf”pr djrs gq, accuracy and completeness of the accounting records, and izHkkoiw.kZ rjhds ls dke dj jgs gSaA -#,$ -.*,@F$ +),+!)!-.&/$ &($ ),@.!6@,$ [/!/1.!@$ ./(&)*!-.&/G$ !"$ required under the Companies Act, 2013 (‘the Act'). ys[kk ijh{kdksa dh ftEesnkjh Auditor's Responsibility 3- gekjh ftEesnkjh gekjs ys[kk ijh{k.k ds vk/kkj ij foRrh; fjiksZfVax 3. Our responsibility is to express an opinion on the Bank's ds Åij cSad ds vkUrfjd foRrh; fu;a=.k ij viuh jk; nsuk gS A ./-,)/!@$ [/!/1.!@$ 1&/-)&@"$ &2,)$ [/!/1.!@$ ),+&)-./0$ 6!",:$ on our audit. We conducted our audit in accordance with geus viuk ys[kk ijh{k.k vkbZlh,vkbZ }kjk tkjh ,oa vf/kfu;e ds the Guidance Note on Audit of Internal Financial Controls vuqHkkx 143¼10½ ds vUrxZr fu/kkZfjr le>s x;s foRrh; fjiksZfVax over Financial Reporting (‘the Guidance Note') and the ij vkUrfjd foRrh; fu;a=.k ij xkbZMsUl uksV vkSj ys[kk ijh{k.k Standards on Auditing (‘the Standards'), issued by the ds ekudksa ds vk/kkj ij tgka rd fd os vkUrfjd ys[kk fu;U=.k ICAI and deemed to be prescribed under section 143(10) ds ys[kk ijh{k.k ij ykxw gksa] fd;k gS A ;s ekud ,oa xkbZMsUl of the Act, to the extent applicable to an audit of internal uksV }kjk okafNr gS fd ge uSfrd vko”;drkvkssa dk ikyu djsa [/!/1.!@$1&/-)&@"G$6&-#$.""E,:$6F$-#,$A ;A8$M#&",$I-!/:!):"$ and the Guidance Note require that we comply with ethical rFkk ys[kk ijh{k.k dh bl rjg ;kstuk ,oa fdz;kUo;u djsa fd bl requirements and plan and perform the audit to obtain lEcU/k esa mfpr vk”oklu fey lds fd D;k foRrh; fjiksZfVax ij reasonable assurance about whether adequate internal i;kZIr vkUrfjd fu;a=.k LFkkfir gS ,oa cuk;s j[kk x;k gs ,oa D;k [/!/1.!@$ 1&/-)&@"$ &2,)$ [/!/1.!@$ ),+&)-./0$ '!"$ ,"-!6@."#,:$ ,sls fu;a=.k izHkkoh 112 Yks[kk ijh{kdksa dh fjiksVZ Auditor’s Report lEcU/k esa ys[kk ijh{k.k lk{; izkIr djus dh izn”kZu izfdz;k dks !"#$!%&'&(&#)*'!+)$'["-" .-%'$)/!$#."0'-"1'#2).$'!/)$-#."0' “kkfey djrk gSA foRrh; fjiksZfVax ds Åij vkUrfjd foRrh; fu;a=.k )33) #.+)")&&4' 56$' -61.#' !3' ."#)$"-%' ["-" .-%' !"#$!%&' !+)$' ds gekjs ys[kk ijh{k.k esa foRrh; fjiksZfVax ds Åij vkUrfjd foRrh; ["-" .-%' $)/!$#."0' ." %61)1' !7#-."."0' -"' 6"1)$&#-"1."0' !3' fu;a=.k dh le> izkIr djus] ;g tksf[ke vkdyu djus dh rkfRod ."#)$"-%'["-" .-%' !"#$!%&'!+)$'["-" .-%'$)/!$#."08'-&&)&&."0' the risk that a material weakness exists, and testing and detksjh ekStwn gS A vkUrfjd fu;a=.k dh ifjpkyukRed dk;Z{kerk evaluating the design and operating effectiveness of tks fd tksf[ke vkdyu ij vk/kkfjr gS “kkfey gSa A pquh xbZ izfdz;k internal control based on the assessed risk. The procedures ys[kk ijh{kd ds fu.kZ;] /kks[kk/kM+h ;k =qfV ds dkj.k foRrh; fooj.k selected depend on the auditor's judgement, including the esa rkfRod xyr C;kSjs ds vkdyu ij fuHkZj djrh gSA assessment of the risks of material misstatement of the ["-" .-%'&#-#)*)"#&8'92)#2)$'16)'#!'3$-61'!$')$$!$4 5- gesa fo”okl gS fd gekjs }kjk fy;k x;k ys[kk ijh{k.k izek.k cSad ds 5. We believe that the audit evidence we have obtained is foRrh; fjiksZfVax ij vkUrfjd foRrh; fu;a=.k ds fo’k; esa ,d vkèkkj &63[ .)"#' -"1' -//$!/$.-#)' #!' /$!+.1)' -' 7-&.&' 3!$' !6$' -61.#' iznku djus ds fy, Ik;kZIr ,oa leqfpr gS A !/.".!"'!"'#2)':-";<&'."#)$"-%'["-" .-%' !"#$!%&'&(&#)*'!+)$' ["-" .-%'$)/!$#."04 foÙkh; fjiksZfVax ij vkUrfjd foÙkh; fu;a=.k Meaning of Internal Financial Controls over Financial dk vFkZ Reporting 6. =' 7-";<&' ."#)$"-%' ["-" .-%' !"#$!%' !+)$' ["-" .-%' $)/!$#."0' 6- cSad dh foÙkh; fooj.kh ij vkUrfjd foÙkh; fu;a=.k ,d izfdz;k is a process designed to provide reasonable assurance gS tks fd foÙkh; fjiksZfVax dh fo'oluh;rk ,oa okg~; mÌs'; ls $)0-$1."0' #2)' $)%.-7.%.#(' !3' ["-" .-%' $)/!$#."0' -"1' #2)' lkekU;r% Lohd`r ys[kk fl)kUrksa ds vk/kkj ij rS;kj dh xbZ foÙkh; /$)/-$-#.!"'!3'["-" .-%'&#-#)*)"#&'3!$')>#)$"-%'/6$/!&)&'."' fooj.kh dh izLrqfr ds fo"k; esa ,d mfpr vk'oklu nsus gsrq rS;kj accordance with generally accepted accounting principles. dh xbZ gSA cSad dh foÙkh; fjiksZfVax ij vkUrfjd foÙkh; fu;a=.k ¼1½ =' 7-";<&' ."#)$"-%' ["-" .-%' !"#$!%' !+)$' ["-" .-%' $)/!$#."0' includes those policies and procedures that (1) pertain mu vfHkys[kksa ds j[k&j[kko ls lEcU/k j[krh gS tks lgh] Li"V#i ls to the maintenance of records that, in reasonable detail, ,oa leqfpr foLrkj ds lkFk cSad ds ysu&nsu ,oa fuiVkjs dks n'kkZrk - 6$-#)%('-"1'3-.$%('$)\) #'#2)'#$-"&- #.!"&'-"1'1.&/!&.#.!"&' gSA ¼2½ i;kZIr vk'oklu nsrk gS fd cSad ds ysu&nsu lkekU;r% of the assets of the bank; (2) provide reasonable assurance Lohdk;Z ys[kk fl)kUrksa ds vuqlkj foÙkh; fooj.k rS;kj djus gsrq that transactions are recorded as necessary to permit /$)/-$-#.!"' !3' ["-" .-%' &#-#)*)"#&' ."' - !$1-" )' 9.#2' vuqer vko';d fu;eksa ds vUrxZr ntZ fd;s x;s gSa rFkk cSad dh generally accepted accounting principles, and that receipts izkfIr;ka ,oa O;; dsoy cSad ds izcU/ku o funs'kdksa ds izkfèkdkj ds and expenditures of the branch are being made only vk/kkj ij fd;s tk jgs gSaA ¼3½ leqfpr vk'oklu nsuk fd cSad dh in accordance with authorizations of management and fdlh vkfLr dk tks fd cSad ds foÙkh; fooj.k ij ,d rkfRod izHkko directors of the bank; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized Mkyrk gS vuf/kd`r vf/kxzg.k dh le; ij igpku o jksdFkke ds acquisition, use, or disposition of the bank's assets that lEcU/k esa leqfpr vk'oklu nsrk gSA !6%1'2-+)'-'*-#)$.-%')33) #'!"'#2)'["-" .-%'&#-#)*)"#&4 foÙkh; fjiksZfVax ij vkUrfjd foÙkh; fu;a=.k dh fufgr Inherent Limitations of Internal Financial Controls lhek,a over Financial Reporting 7- vkUrfjd foRrh; fjiksZfVax ij vkUrfjd foRrh; fu;a=.k dh fufgr 7. :) -6&)' !3' #2)' ."2)$)"#' %.*.#-#.!"&' !3' ."#)$"-%' ["-" .-%' lhekvksa ds dkj.k feyhHkxr dh laHkkouk ;k fu;a=.kksa ij izcU/ku !"#$!%&' !+)$' ["-" .-%' $)/!$#."08' ." %61."0' #2)' /!&&.7.%.#(' of collusion or improper management override of controls, dk vR;f/kd ncko rkfRod feF;k dFku tksfd =qfV ;k /kks[kk/kM+h ds material misstatements due to error or fraud may occur and dkj.k gksa] gks ldrs gSa vkSj irk ugha yxk;k tk ldrkA Hkfo’; ds not be detected. Also, projections of any evaluation of the lEcU/k esa foRrh; fjiksZfVax ij vkUrfjd foRrh; fu;a=.k ds vkdyu ."#)$"-%'["-" .-%' !"#$!%&'!+)$'["-" .-%'$)/!$#."0'#!'36#6$)' dk dksbZ vuqeku ;g tksf[ke j[krk gS fd foRrh; fjiksZfVax ij /)$.!1&' -$)' &67@) #' #!' #2)' $.&;' #2-#' #2)' ."#)$"-%' ["-" .-%' foRrh; fu;a=.k ifjfLFkfr;ksa esa cnyko ds lkFk vi;kZIr gks ldrk !"#$!%' !+)$' ["-" .-%' $)/!$#."0' *-(' 7) !*)' ."-1)A6-#)' gS ;k uhfr;ksa ,oa dk;Zfof/k;ksa ds lUnHkZ esa vuqikyu dh Lrj ?kV because of changes in conditions, or that the degree of ldrh gS A compliance with the policies or procedures may deteriorate. 113 Yks[kk ijh{kdksa dh fjiksVZ Auditor’s Report jk; Opinion 8- gekjh jk; esa cSad esa lHkh rkfRod lUnHkksZa esa ,d i;kZIr foÙkh; 8. In our opinion, the Bank has, in all material respects, an fjiksZfVax ij vkUrfjd foÙkh; fu;a=.k iz.kkyh gS ,oa ,slh foÙkh; -1)A6-#)' ."#)$"-%' ["-" .-%' !"#$!%&' &(&#)*' !+)$' ["-" .-%' $)/!$#."0'-"1'&6 2'."#)$"-%'["-" .-%' !"#$!%&'!+)$'["-" .-%' fjiksZfVax ij foÙkh; fu;a=.k 31 ekpZ] 2017 dks foÙkh; fjiksZfVax reporting were operating effectively as at 31 March 2017, ij foÙkh; fu;a=.k ds ekinaM ij tks fd cSad }kjk vkbZlh,vkbZ 7-&)1' !"' #2)' ."#)$"-%' !"#$!%' !+)$' ["-" .-%' $)/!$#."0' }kjk tkjh fn'kk&funsZ'k uksV esa of.kZr vkUrfjd foÙkh; fu;a=.k ds criteria established by the Bank considering the essential vfuok;Z dk;Zfof/k;ksa dks /;ku esa j[krs gq, izHkkoiw.kZ #i ls dk;Z components of internal control stated in the Guidance Note dj jgs FksA issued by the ICAI. d`rs ih,l,eth ,.M ,lksfl,V~l For PSMG and Associates lunh ys[kkdkj Chartered Accountants ,Q-vkj-,u- 008567lh FRN: 008567C g0@& Sd/- LFkku% nsgjknwu ¼lh, lkSjHk xks;y½ Place of Signature: Dehradun (CA Saurabh Goel) fnukad% 15-05-2017 l-la- 407620 Date of Report: 15/05/2017 M. NO. 407620 cSad LFkkiuk fnol ij vk;ksftr o`{kkjksi.k dk;ZØe 114 gekjh 'kk[kk,a Our Branch Network fnYyh@ DELHI (16) 8. iIiudyka@ Pappankala (M) 9. fodkl ekxZ@ Vikas Marg (M) 1. iapdqab;k jksM@ Panchkuian Road (M) 10. U;w dksaMyh@ New Kondli (M) 2. yktir uxj@ Lajpat Nagar (M) 11. jksfg.kh lsDVj 16@ Rohini Sector 16 (M) 3. 'kkyhekj ckx@ Shalimar Bagh (M) 12. jksgrd jksM@ Rohtak Road (M) 4. fryd uxj@ Tilak Nagar (M) 13. lfoZl czkUp] iapdqab;k jksM@ Serv. Br. Panchkuian Road (M) 5. iViM+xat@ Patparganj (M) 14. lqjgsM+k ¼utQx<+½@ Surhera (Najafgarh) (R) 6. ihreiqjk@ Pitampura (M) 15. }kjdk@ Dwarka (M) 7. vkbZ-ih- ,DlVSUlu@ I.P.Extension (M) 16. fny'kkn xkMZu@ Dilshad Garden (M) mÙkjk[kaM@ Uttarakhand (65) ftyk & Å/ke flag uxj @DISTT.- U.S. NAGAR (17) ftyk & vYeksM+k@ DISTT.-ALMORA (4) 52. dk'khiqj@ Kashipur (U) 17. vYeksM+k ¼eq[;½@ Almora (Main) (SU) 53. fdPNk@ Kichha (SU) 18. jkuh[ksr@ Ranikhet (SU) 54. cktiqj@ Bazpur (SU) 55. fdyk[ksM+k@ Kilakhera (SU) 19. yksvj eky jksM] vYeksM+k@ Lower Mall Road, Almora (SU) 56. uxyk@ Nagla (SU) 20. Dwarahat (R) }kjgkV@ 57. cjk@ Bara (R) ftyk & ckxs'oj@ DISTT.-BAGESHWAR (3) 58. Jhiqj fcNok@ Sripur Bichhwa (R) 21. ckxs'oj@ Bageshwar (R) 59. :nziqj@ Rudrapur (U) 22. cuys[k@ Banlekh (R) 60. tliqj@ Jaspur (SU) 23. didksV@ Kapkot (R) 61. xnjiqj@ Gadarpur (R) ftyk & pEikor@ DISTT. – CHAMPAWAT (7) 62. HkwM+ egksfy;k ¼[kVhek½@ Bhoor Mohalia (Khatima) (SU) 24. yksgk?kkV@ Lohaghat (R) 63. flMdqy] iaruxj@ SIDCUL, Pantnagar (U) 25. pEikor@ Champawat (R) 64. flrkjxat@ Sitargang (SU) 26. nsoh/kqjk@ Devidhura (R) 65. egs'kiqjk¼nksjkgk½] cktiqj@ Maheshpura (Doraha), Bazpur (R) 27. pkSesy@ Chaumel (R) 66. cgjSuh] cktiqj@ Bhareni, Bajpur (R) 28. fHkaxjkM+k@ Bhingrara (R) 67. eqjknkckn jksM] dk'khiqj@ Moradabad Road, Kashipur (U) 29. Vudiqj@ Tanakpur (SU) 68. Hkwjkjkuh] #æiqj@ Bhurarani, Rudrapur (R) ftyk & peksyh@ Distt. - Chamoli (2) 30. cuclk&pEikor@ Banbasa-Champawat (R) 69. tks'kheB@ Joshimath (SU) ftyk & uSuhrky@ DISTT.-NAINITAL (19) 70. d.kZiz;kx@ Karn Prayag (R) 31. uSuhrky ¼eq[;½@ Nainital (Main) (SU) ftyk & nsgjknwu@ DISTT. - DEHRADUN (9) 32. jsyos cktkj] gY}kuh@ Railway Bazar, Haldwani (U) 71. nsgjknwu@ Dehradun (U) 33. jkeuxj@ Ramnagar (SU) 72. fodkl uxj@ Vikas Nagar (SU) 34. Hkherky@ Bhimtal (R) 73. MksbZokyk@ Doiwala (R) 35. jkex<+@ Ramgarh (R) 74. _f"kds'k@ Rishikesh (SU) 36. yky dqavk@ Lalkuan (R) 75. gfj}kj jksM] nsgjknwu@ Haridwar Road, Dehradun (U) 37. cSy iM+ko@ Bailparao (R) 76. lgkjuiqj jksM] nsgjknwu@ Saharanpur Road, Dehradun (U) 38. igkM+ikuh@ Paharpani (R) 77. ealwjh@ Mussoorie (SU) 39. jkuhckx@ Ranibagh (R) 78. olUr fogkj] nsgjknwu@ Vasant Vihar, Dehradun (U) 40. rYyhrky] uSuhrky@ Tallital, Nainital (SU) 79. pdjkrk jksM] nsgjknwu@ Chakrata Road, Dehradun (U) 41. dkyk 115 gekjh 'kk[kk,a Our Branch Network mÙkj izns'k@ Uttar Pradesh (35) ftyk & y[kuÅ@ DISTT.- LUCKNOW (6) ftyk vkxjk@ DISTT. AGRA 108. Vh-,u- jksM] y[kuÅ@ T. N. Road, Lucknow (M) 90. vkxjk@ Agra (M) 109. egkuxj] y[kuÅ@ Mahangar, Lucknow (M) 110. vkf'k;kuk] y[kuÅ@ Ashiana, Lucknow (M) ftyk & cjsyh@ DISTT.-BAREILLY (4) 111 uknku egy ekxZ] y[kuÅ (M) 91. cgsM+h@ Baheri (SU) Nadan Mahal Road, Lucknow 92. flfoy ykbZUl] cjsyh@ Civil Lines, Bareilly (U) 112. xkserh uxj] y[kuÅ@ Gomti Nagar, Lucknow (M) 93. izHkkr uxj] cjsyh@ Prabhat Nagar, Bareilly (U) 113. vkbZvkbZ,e jksM] y[kuÅ@ IIM Road, Lucknow (M) 94. Qjhniqj] cjsyh@ Faridpur, Bareilly (SU) ftyk & esjB@ DISTT.- MEERUT (2) ftyk & fctukSj@ DISTT.- BIJNOR (4) 114. esjB@ Meerut (M) 95. uthckckn@ Nazibabad (SU) 115. dadj [ksMk&esjB@ Kankar-Khera-Meerut (M) 96. fctukSj@ Bijnore (SU) ftyk & eqjknkckn@ DISTT.- MORADABAD (2) 97. èkkeiqj@ Dhampur (SU) 116. eqjknkckn@ Moradabad (U) 98. uxhuk@ Nagina (SU) 117. dkaB jksM&eqjknkckn@ Kanth Road-Moradabad (U) ftyk & cqyUn'kgj@ DISTT.-BULANDSHAHR (1) ftyk & eqt¶Qjuxj@ DISTT.- MUZAFFARNAGAR (1) 99. cqyUn'kgj@ Bulandshahar (U) 118. eqt¶Qjuxj@ Muzaffarnagar (U) ftyk&xkft+;kckn@ DISTT.- GHAZIABAD (3) ftyk & ihyhHkhr@ DISTT.- PILIBHIT (1) 100. xkft+;kckn@ Ghaziabad (M) 119. ihyhHkhr@ Pilibhit (U) 101. oS'kkyh] xkft;kckn@ Vaishali, Ghaziabad (M) ftyk & jkeiqj@ DISTT.- RAMPUR (2) 102. lat;uxj] xkft;kckn@ Sanjay Nagar, Ghaziabad (M) 120. jkeiqj@ Rampur (U) ftyk xkS- cq- uxj@ DISTT-G.B. NAGAR (3) 121. fcykliqj@ Bilaspur (SU) 103. uks,Mk lSDVj &50@ NOIDA Sect. - 50 (U) ftyk & lgkjuiqj@ DISTT.- SAHARANPUR (1) 104. uks,Mk lSDVj & 18@ NOIDA Sect. -18 (U) 122. lgkjuiqj@ Saharanpur (U) 105. xzsVj uks,Mk@ Greater NOIDA (U) ftyk &'kkgtgk¡iqj@ DISTT.- SHAHJAHANPUR (1) ftyk & dkuiqj@ DISTT. – KANPUR (2) 123. 'kkgtgk¡iqj@ Shahjahanpur (U) DISTT.- SITAPUR (1) 106. dkuiqj@ Kanpur (M) ftyk & lhrkiqj@ 124. lhrkiqj@ Sitapur (U) 107. cjkZ&dkuiqj@ Barra-Kanpur (M) gfj;k.kk@ Haryana (7) ftyk&djuky@ DISTT.-KARNAL (1) ftyk&vEckyk@ DISTT.-AMBALA (1) 130. djuky@ Karnal (U) 125. vEckyk@ Ambala (U) ftyk&ikuhir@ DISTT.-PANIPAT (1) ftyk&Qjhnkckn@ DISTT.-FARIDABAD (2) 131. ikuhir@ Panipat (U) 126. Qjhnkckn@ Faridabad (M) jktLFkku@ Rajasthan (3) 127. cYyHkx<+&Qjhnkckn@ Ballabgarh-Faridabad (M) ftyk&t;iqj@ DISTT.-JAIPUR (3) 132. t;iqj@ Jaipur (M) ftyk&xqM+xk¡o@ DISTT.-GURGAON (2) 133. dksViqryh] t;iqj@ Kotputli, Jaipur (SU) 128. xqM+xk¡o@ Gurgaon (U) 134. jktk ikdZ] t;iqj@ Raja Park, Jaipur (M) 129. lksguk jksM&xq:xzke@ Sohna Road-Gurugram (U) Key : M = Metropolitan egkuxjh; dsUn] U = Urban Centre 'kgjh dsUnz] SU = Semi Urban v)Z'kgjh dsUnz] R = Rural Centre xzkeh.k dsUnz 'kk[kkvksa dh la[;k fofHkUu dsUnzksa ij@ No.of Branches at various Centers : 1- egkuxjh; 2- 'kgjh 3- v)Z'kgjh 4- xzkeh.k Metro Urban Semi Urban Rural 33 35 31 35 {ks=h; dk;kZy;@ !"#$%&'()*[,!- 1. fnYyh @ Delhi 2. gY}kuh@ Haldwani 3. nsgjknwu@ Dehradun STATUTORY AUDITORS : M/s P.S.M.G. and Associates, Chartered Accountants COMPANY SECRETARY : Mr. Vivek Sah !"#$%&"'(")*%+,-&."&!/0*%1"2&3%*'!"'("-1*%"4!!,$0"5&+'3-"%1$00"6&"-3&$-&)"$%"[!$08 116 94th Annual General Meeting First ATM Inauguration at MBPG College-Haldwani Branch on 3.10.2016 Regd Off. G.B. Pant Road, Nainital – 263001 (Uttarakhand) H.O. : Naini Bank House, 7 Oaks, Mallital, Nainital – 263001 (Uttarakhand) Phone : 05942 – 236138 / 236195 / 239280 Email : [email protected] Website : www.nainitalbank.co.in C I N N O . : U 6 5 9 2 3 U R 1 9 2 2 P L C 0 0 0 2 3 4