kanchan swarn sonu kanaka hem shona

Wealth of the wife.

Pride of the family. Precisely the Gold was minted. It is still a tradition. virtues we honour at Gold is stability. Gold is security. Manappuram. Gold is timeless. Gold is trust. bangara thangam soan kundan

19TH ANNUAL REPORT ponn 2010-11 Contents

Company Overview Board and Management Reports 02 Corporate Identity 28 The Board 08 Highlights 30 Directors’ Report 1 10 Chairman’s Letter 3 36 Management Discussion and Analysis 40 Report on Corporate Governance

Strategic Overview Financial Statements 14 Virtues We Honour 52 Auditors’ Report 22 Core Strengths 56 Balance Sheet 24 Growth Strategies 2 4 57 Profit & Loss Account 26 Social Responsibility 58 Schedules

86 Cash Flow Statement

91 Balance Sheet Abstract

92 Branch Network

120 Corporate Information

Forward-looking statements

In this Annual Report, we have disclosed forward-looking information to enable investors to comprehend our prospects and take investment decisions. This report and other statements - written and oral – that we periodically make contain forward-looking statements that set out anticipated results based on the management’s plans and assumptions. We have tried wherever possible to identify such statements by using words such as ‘anticipate’, ‘estimate’, ‘expects’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, and words of similar substance in connection with any discussion of future performance. We cannot guarantee that these forward-looking statements will be realised, although we believe we have been prudent in assumptions. The achievements of results are subject to risks, uncertainties, and even inaccurate assumptions. Should known or unknown risks or uncertainties materialise, or should underlying assumptions prove inaccurate, actual results could vary materially from those anticipated, estimated, or projected. Readers should keep this in mind. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. The tradition of gold

In ancient times, gold was minted into coins. In most Indian households, it is still customary to treat it as a fixed deposit. Across the ages, gold has emerged as the preferred currency for trading, for measuring value and, of course, as a metaphor of purity.

While a large part of India’s population resides in villages, people in semi-urban and urban areas also turn to family gold to tide them through adversities. Its value can be unlocked fast and when the better times return, one can easily reclaim it. With steady increase in gold prices, it is now the most effortless form of asset-based borrowing. As a touchstone for dependability and enduring trust, we at Manappuram have consistently respected its virtues in our business of lending against gold. Annual Report 2010-11 2

A Glimpse

The leadership of one visionary. The fulfilment of a myriad dreams. When Mr. V. C. Padmanabhan founded Manappuram in 1949 in the coastal Kerala village of Valapad, the firm was the first step towards meeting financial needs of the people in the area — mostly farmers and fisher folk — by way of quick access to monetary resources in times of need. This was a period when India was emerging from the ravages of colonialism and its banking services were underdeveloped. In 1992, Manappuram became a corporate entity in the name of Manappuram General Finance and Leasing Ltd. Since then, the Company has grown rapidly to become a major national presence, and one of the most popular options for swift and secure gold loan borrowings. Manappuram also offers other asset financing, foreign exchange, money changing and gold bullion. With its sophisticated technology platform that assures safe and secure transactions, the Company has risen through the ranks to become one of the largest asset-based NBFCs in India. To better align our brand identity with our ever-growing service platter, in June 2011, we changed our name to Manappuram Finance Limited.

Mr. V. C. 1949 Padmanabhan founded Manappuram in the coastal village of Valapad Corporate Identity Highlights Chairman’s Letter 3 Company Overview

Vital Facts

Manappuram Finance 1992 Limited (MFL) was established

States/Union territories 21 where MFL has its footprints

2064+ Branch network

16,000+ Motivated workforce at MFL

1.2 Total customer base million Kanagaraj D: Facilitating business mobility For over 25 years, Kanagaraj toiled at a poultry farm on meagre wages. He often had to borrow money from friends and even pledged his family’s gold in a nationalised bank. It was not a happy ` experience – the long wait and inadequate loan 75,492 Total Asset Under amounts. Management (AUM) It was at such a juncture that a friend first million as on March 31, 2011 told him about Manappuram. He approached Manappuram for a gold loan to try his luck with entrepreneurship, setting up a small shop dealing in mobile phones. The higher loan to value (LTV) at Manappuram as compared to nationalised banks ` was a pleasant surprise. He therefore withdrew Total gold loan disbursals all his ornaments from the bank, and re-pledged 180,559 during the year ended them with Manappuram. The service standards were much better. He got his money within million March 31, 2011 minutes. That was how last year (2010) Krishna Mobile Sales & Service came into existence at the Namakkal – Thuraiyur Main Road. Annual Report 2010-11 4

Gold Loans

Flexibility Hassle-free experience Most people who approach us belong to the Loans for short durations, freedom from Adaptability to borrower needs and lower and middle classes. Keeping in mind tedious paperwork, no other procedural the speed with which transactions are the requirements of this very group, we ease hassles, cash disbursals, easy repayment accomplished, are distinguishing features out the pressure that an asset-based loan options, a sophisticated core banking of the gold loan model. At Manappuram, may otherwise put on the borrower. In a gold technology platform, and a branch close we enhance these qualities through our loan, there is no hard-and-fast EMI schedule by – all of these characteristics make gold varied offerings. to be adhered to. The borrower must only loans a most favoured loan option. Add pay the periodic interest amount due, and his to this the respect given to the borrower’s account continues to be in good standing. asset, the focus on service, and it makes Manappuram the most preferred gold loan Our short-term gold loans can be borrowed company. for as little as 12% and interest rates gradually go up to 24%. Of course, the interest rate, and terms and conditions Our short-term gold loans can be depend upon the amount borrowed. borrowed for as little as 12% and While in the normal course we limit the average per customer gold exposure to interest rates gradually go up to about 40 gm, there is provision for sanction 24%. Of course, the interest rate, of higher loan amounts. Such transactions are and terms and conditions depend evaluated at length and must be approved by our risk management committee. They upon the amount borrowed. are not routinely carried out over the counter unlike the other transactions. It is our experience that the bulk of repayments is received within the first four months of the loan period. As there are no pre-payment penalties, and because there is an anxiety associated with parting with one’s precious assets, borrowers are generally prompt in repaying the loan.

Ancillary products Komala C: A nursery blooms

Komala’s family owns close to an acre of • Customised Gold Coins agricultural property at Ekarool, near Balussery. Gold coins • 24 and 22 Carat hallmarked gold coins Farming interested her and opening a vegetable garden and nursery was a dream she nurtured • Customised gold purchase schemes fondly. It was around this time that she happened Swarnanidhi to be at the Balussery Branch of Manappuram • Duration of scheme ranges from 12 to 60 months Finance to avail a gold loan. The loan was soon repaid. But, the hassle-free experience and prompt Gold • Lockers to store jewellery offered free of charge service made a lasting impact. The lower rates of Overdraft • Interest applicable if cash drawn against jewellery interests were also a relief.

• Historical portfolio of vehicle loans and business and Shortly afterwards, she returned to Manappuram for Loans a gold loan that would plant the seeds of a dream personal loans come true. A few saplings of mango, nutmeg and some flowers were among her first purchases. Her • NCDs with maturities between 1 year – 5 years Deposits business began to thrive because she cultivates • Bonds with 5-year and 10-year lock in her plants organically, without use of chemical fertilisers or pesticides. She now earns close to Money Transfer `10,000 each month and has managed to repay most of the loan borrowed from Manappuram. Foreign Exchange Corporate Identity Highlights Chairman’s Letter 5 Company Overview

Geographic spread Headquartered at a coastal village in scenic Kerala, Manappuram has established a strong presence in the South (76% of branches), which currently accounts for 40% of India’s gold demand and 85-90% of the gold loans market in India.

Jammu & Kashmir 2

21

24

48 51 24

61 42 66

16 Odisha 37

102

386

2 374 Number of Branches

10 391 405

Map not to scale Annual Report 2010-11 6

Creditworthiness High credit ratings (credit rating history of 15 years)

CP/STD: A1+ (ICRA) and P1+ (Crisil)

LT NCD: CARE AA-

Working Capital as per Basel II: LA+ (ICRA)

Brickwork (AA-) (for NCDs)

Fund Sources

Credit lines from 35 banks (SBI, ICICI, PNB, HDFC, Axis, Kotak, Barclays and DBS among others)

Commercial papers from short term money markets

Retail non-convertible debentures and bonds

Paka Dillip Dora: Tractor driver turns tractor owner

Paka Dillip Dora drove a tractor in village Erendra in the Ganjam District of Odisha. While his father is a marginal farmer, Dillip worked on daily wages for a landlord in a neighbouring village. He has a brother working as a mechanic in Dubai who occasionally sends home money. The family contemplated buying more agricultural land with these savings, when a civil construction project commenced in the area. There was good demand for tractors to excavate soil. Dillip shelved the idea of acquiring more land and thought of buying a second-hand tractor instead.

A deal with a prospective seller was made, and an advance amount of ` 20,000 was paid to seal the agreement. The agreement stipulated that the balance amount should be paid on or before January 10, 2011, failing which the amount would be forfeited.

As the due date approached, Dillip was unable to raise the balance amount in full despite his best efforts. He was now resigned to losing the advance amount he had paid.

It was at such a moment of despair that he chanced upon a TV ad for Manappuram Gold Loans at his employer’s residence. He rushed to the nearest branch of Manappuram at Berhampur with all the gold at his home. He was pleasantly surprised when the branch officials told him he was eligible for a loan of ` 56,000. The amount exceeded his expectation and was more than adequate to meet the shortfall. Today, the proud tractor-owner earns about a thousand rupees a day. Corporate Identity Highlights Chairman’s Letter 7 Company Overview

Our Firsts… Typical customer 1 requirements (%)

15.6 30.0 First NBFC from the State of Kerala to be registered with 14.1 Reserve Bank of India, fully complying with RBI directives.

8.3 First NBFC from Kerala to be rated by ICRA (in 1995), a credit 18.0 rating agency approved by the Reserve Bank of India and 14.0 the rating awarded to its Public Deposit Programme was ‘MA-’, indicating adequate safety for deposits.

First NBFC to go for a Public Issue from Thrissur Agriculture

First NBFC from Kerala to have received Adequate Safety Medical requirements rating for its Secured Non-convertible Redeemable Working capital

Debenture issue for ` 50 million. House construction/ purchase/ repairs

First NBFC from Kerala receiving AD (Authorised Dealer) – II Education

category licence from RBI for its Forex operations Other First NBFC from Kerala to come out with a Bonus issue of 1:1 (in 2007)

First NBFC from Kerala to receive Foreign Direct Investment (FDI)

First NBFC from Kerala to obtain Broker’s License from IRDA (Insurance Regulatory and Development Authority) V. Rajani: Young widow turns bread-winner

First NBFC in Kerala to receive a Short-term rating of V Rajani is a young widow from Palakkad who A1+ by ICRA. This is the highest Short Term Rating awarded runs a small business supplying cooked food to pushcart vendors around the city bus-stand area. It by ICRA to any Corporate in India. was the death of her husband two years ago and the pressure to earn a livelihood to support her family, which forced her to start out on her own.

When she began, she had no background in business and she had no idea how to go about a bank loan. Like most Indian women, she possessed some gold jewellery, with which she approached Manappuram’s Palakkad Town branch for a gold loan.

Rajani now makes up to ` 1200 a day from her business. Over the past two years, she has saved enough to buy a small plot of land and now looks forward to building a small house on it. Annual Report 2010-11 8

Striking gold with numbers

(` in mn) (` in mn) Total income Net profit

11,815.26 2,826.64

4,782.01 1,197.21 1,661.09 302.95 796.59 209.89 2008-09 2009-10 2010-11 2008-09 2009-10 2010-11 2007-08 2007-08

(` in mn) (` in mn) Asset under management Net interest income

75,491 8,496

26,176 3,413 9,867 1,275 5,783 653 2008-09 2009-10 2010-11 2008-09 2009-10 2010-11 2007-08 2007-08

(`) (` in mn) Earnings per share (basic) Net Worth

7.61 19,239.57

4.09 6,105.60 2.19 1,678.72 1.88 929.82 2008-09 2009-10 2010-11 2008-09 2009-10 2010-11 2007-08 2007-08

Graphs not to scale Corporate Identity Highlights Chairman’s Letter 9 Company Overview

Growth in 2010-11 over 2009-10

Asset under Total income Net profit 147.08% 136.10% 190.53% management

Net interest income Earnings per Net worth 148.93% 86.06% share (basic) 224.56%

Reviewing 2010-11

Budgeted ` 1,000 million on extensive advertisement campaigns (television and print media), which began to be aired in the year under review. Out of the total budget, 10% has been reserved for endorsements

Initiated a stock split as well as bonus issue at the ratio of 1:1. With this stock split, existing shares (face value of ` 10 each) were split into five shares (face value - ` 2 each). The bonus issue saw an increase in the paid-up share capital from ` 340.3 million to ` 680.6 million. The combined effect of the stock split and bonus issue saw a 10-fold increase in the number of shares traded

Raised ` 10,000 million through a qualified institutional placement (QIP) for expansion plans

Manappuram Finance Limited scrip to feature in Group A securities at Bombay Stock Exchange (BSE) (effective April 11, 2011)

` 1,000 million budgeted for advertisement campaigns

10-fold increase in the number of shares traded

Manappuram Finance Limited scrip to feature in Group A securities at Bombay Stock Exchange Annual Report 2010-11 10 Chairman’s Letter

V. P. Nandakumar Executive Chairman Corporate Identity Highlights Chairman’s Letter 11 Company Overview

India’s NBFC sector, which India has the world’s ` Manappuram reported accounts for about 10% of the 18,000 largest stock of a profit after tax 10% privately held gold 2,826.6 total assets of the banking sector tonnes million

Thanks largely to the cumulative economic reforms from 1991 onwards, the Indian economy is on a firmer footing and has been able to weather the impact till now. A clear indication of its strength is that despite the slight decline in the last quarter of 2010-11, the overall GDP growth rate for the year stood at a healthy 8.6%.

Dear Shareholder,

It gives me immense pleasure to present to you our 19th Annual outwards and the consequent monetary tightening by RBI has led to Report, a record of our accomplishments of the year ended March 31, a sharp increase in interest rates and heightened anxieties about an 2011 and a chronicle of how we made it happen. The year has been impending slowdown. Given the nature of the inflationary pressures pivotal for us at Manappuram. Like the end of the teenage years, the we face, I believe the government can no longer delay hard decisions beginning of the twentieth year of our existence endows us with about accelerating the pace of fiscal consolidation. Otherwise, India virtues such as maturity, a sense of mission and purpose in life, and faces the real danger of getting caught in an inflationary spiral. the zest to be bigger than what we already are. And all that we stand for today – trust, uncompromising integrity, exceptional success – we The NBFC Sector owe it to our many stakeholders. India’s NBFC sector, which accounts for about 10% of the total assets of the banking sector, is passing through a critical phase. By all Economic Outlook objective measures, this sector has made rapid strides in recent years Amidst looming risks, the global economy has managed to hold its and led the way forward in delivering innovation and outstanding own so far. However, the dark clouds continue to threaten, such as value to stakeholders. Moreover, it plays a critical part in filling the the mounting risk of the Eurozone debt crisis getting out of hand, many gaps left by the banking sector. The performance of the NBFCs the continuing slump in the US realty market accompanied by has been particularly impressive in areas that are national priorities, distressingly high unemployment levels, elevated commodity prices, like infrastructure finance, SME finance, housing finance, micro finance early indications of overheating in the emerging markets, and various and financial inclusion. geopolitical perils, that threaten to derail the global economic recovery all over again. Thanks largely to the cumulative economic reforms In my letter last year, I had referred to the trend of increasingly tight from 1991 onwards, the Indian economy is on a firmer footing and regulation of the NBFC sector and cautioned that the dividing line has been able to weather the impact till now. A clear indication of its between regulations that seek to minimise risk and those that stifle strength is that despite the slight decline in the last quarter of 2010-11, innovation and efficiency can be thin. Today, these words have the overall GDP growth rate for the year stood at a healthy 8.6%. acquired added resonance in the context of regulatory concerns about the systemic risk posed by the sector arising from its rapid At the same time, warning signs have emerged which need growth. An unfortunate outcome has been that more effort and immediate attention. With the perceptible slowdown in the reform energy is being expended on curbing the growth of NBFCs by adding impetus over the last few years, the economy is now beginning to their regulatory burden than on furthering their potential to be a to show telltale signs of wear and tear. Food inflation has spread transformative force for financial inclusion. For instance, the recent Annual Report 2010-11 12

The Board of Directors has recommended a dividend of 30% on equity capital enhanced by the issue of 1:1 bonus shares. Incidentally, this is the third occasion in the last five years that your Company has declared a 1:1 bonus.

move to deny priority sector status to the loans given by banks to kept out of the financial system. Today, following the footsteps NBFCs has had the effect of pushing up cost of funds for the sector. of Manappuram and its peers, a host of new players have been Unfortunately, the ultimate impact falls on borrowers who belong encouraged to get into the business. Commercial banks have shown largely to the underprivileged and financially excluded sections of particular enthusiasm. India can thus expect more idle gold to society who habitually lock their limited savings in gold. emerge from its safes and lockers and be put to productive use.

Performance of the Company As gold loan NBFCs expand their reach, they displace the unorganised sector – neighbourhood pawnbrokers and Consistent with the record of recent years, the past year has moneylenders—and effectively push back the frontiers of the parallel also been one of exceptional success for the Company, with economy. This must be acknowledged as a developmental activity working results that put it squarely at the top of the league of best whose major beneficiary is the government. For instance, in fiscal performers. During FY 2010-11, your Company posted a net profit of year 2010-11, Manappuram reported a profit before tax of ` 2,826.6 million compared to ` 1,197.2 million the year before, a ` 4,238.96 million of which ` 1,412.30 million was transferred to the remarkable increase of 136%. The surge in profits was driven by the government as corporate income tax. A year before, the Company record growth in Asset under Management (AUM) which have shot had paid ` 640 million as income tax out of a PBT of ` 1,820 million. up to ` 75,492 million, from the previous year’s level of ` 26,176 million. Indeed, our total gold loan disbursements during The changing face of gold loans the year amounted to a staggering ` 180,559 million. A year before, it stood at ` 71,235 million. There is no doubt that your Company’s For a long time, gold loans were a taboo. Today, however, half of high profile advertising campaign — revolving around celebrity brand our gold loan customers belong to farming and small business ambassadors — has significantly enhanced its brand image. communities — traders, shopkeepers and the self-employed — who use gold loans for productive purposes. They also use gold loans Not surprisingly, your Company continued to find favour with the for exceptional needs, like the requirement to build up extra stock leading foreign and domestic Private Equity (PE) investors and was during a busy season. Interestingly, even where they have availed able to raise additional equity capital of ` 10,000 million through credit limits from the banking system, gold loans continue to be the QIP route in November 2010. Moreover, in keeping with a track favoured for its flexibility, speed, and hassle-free experience. What record of uninterrupted and steadily increasing payouts, your Board is more, among those who resort to gold loans for purposes of Directors has recommended a dividend of 30% on equity capital reported as ‘consumption’, a significant proportion goes towards enhanced by the issue of 1:1 bonus shares. Incidentally, this is the meeting medical emergencies, education expenses or to make up third occasion in the last five years that your Company has declared for shortfalls in the budget for repairs, construction or purchase of a 1:1 bonus. houses/flats.

Gold loans and the economy The character has changed, but the attitude towards gold loans has not. The public at large and our regulators continue to treat At 18,000 tonnes (a World Gold Council estimate), India has the gold loans as something of a stepchild. How do we change this world’s largest stock of privately held gold. And when it lies locked perception, is a challenge we have now taken upon ourselves. away, it is a drag on the economy; billions of dollars in savings Corporate Identity Highlights Chairman’s Letter 13 Company Overview

The Janaraksha Manappuram Health Insurance Scheme covering 20,000 BPL families of the Valapad/Nattika areas, is today an acclaimed model of a CSR mission that is focused and relevant to the needs of the community.

What next? Programme, a novel outreach to provide sustainable livelihood to the The Indian gold loans market remains underpenetrated despite women of the coastal belt of Thrissur and, simultaneously, reverse the many successes notched up by our business model as well the declining interest in farming activity. The Foundation has taken as the presence of flourishing competitors. The gold loan customer on lease a plot of fallow agricultural land, where a women’s Self profile is mostly lower middle class. For the economy to derive full Help Group (SHG) specially formed for the purpose has taken up benefits from the monetisation of gold, it is necessary that the idle organic cultivation of fruits and vegetables. gold belonging to the upper strata is also unlocked. And, while the Lastly, I am indebted to all our distinguished shareholders and to our increasing acceptability of gold loans is a welcome sign, we still employees for the efforts they have put into making Manappuram have a long way to go. In this context, your Company is uniquely the success it is today. I must also make a special mention of the positioned to tap into this vast potential. In the last fiscal year for foreign and domestic investors who made our November 2010 QIP instance, we managed to triple our gold loan AUM. As we augment a success. With the support of all our stakeholders, this Company is our financial strengths to meet the requirements of an expanding geared to scale greater heights in the years to come. customer base, we are also committed to using our resources for the betterment of society through our community and environmental initiatives. With best wishes, The community matters V. P. Nandakumar The Manappuram Group set up the Manappuram Foundation in October 2009 to reach out to the wider community, particularly in the area around the village of Valapad where Manappuram was born and where it continues to be anchored. The Foundation intervenes by way of resources and commitment to projects that enrich people’s lives and make a difference. Our initiatives encompass healthcare, empowerment of women and the underprivileged, and education.

The Foundation’s first major venture, the Janaraksha Manappuram Health Insurance Scheme covering 20,000 BPL families of the Valapad/Nattika areas, is today an acclaimed model of a CSR mission that is focused and relevant to the needs of the community. In less than a year, the scheme has benefited close to 4000 families who have been reimbursed a total of ` 25 million for hospital treatment undergone by them.

In January this year, the Foundation launched its second major initiative, the Sarojini Padmanabhan Women Empowerment Annual Report 2010-11 14

The proud borrower

It has been a long tradition in India to invest one’s savings in gold. In times of need, a person may borrow against the jewellery available right at home. Gold is non-depreciating, in fact, more often than not its value appreciates over time. Gold loan borrowers have a sense of pride in them that they have merely exchanged their savings in gold for cash, that too for a limited period of time. There is no loss of honour or self-respect. Virtues We Honour Core Strengths Growth Strategies Social Responsibility 15 Strategic Overview

At Manappuram, we have No debt trap A gold loan is settled either by repayment or, in case of default, by sale of the pledged always believed that it is the security. borrower’s right to be served Simple and fast with the utmost courtesy and The procedural ease is what attracts borrowers to this loan model, unlike as in banks. promptness, no matter how No depreciation of underlying asset Unlike other secured loans, the underlying asset in a gold loan is a liquid asset whose small his or her requirements value does not depreciate with time. Moreover, the transaction costs involved when enforcing the security are minimal. may be. Besides, we are Practically without recourse the perfect custodians of Gold loans are effectively given out on a ‘without recourse’ basis. However, the loan the borrower’s asset – agreement does incorporate the right of recourse to the other assets of the borrower, seldom enforced in practice. We do not employ recovery agents to chase after the trustworthy, regulated by the borrower. law and fully insured! No questions asked At Manappuram, we recognise the sensitivity of a gold loan borrower’s circumstances. Money is advanced solely on the criterion of the value of gold pledged and questions about the purpose of the loan are limited only to eliminate the wildly speculative or anti-social activities.

Apt for the unorganised segment More than 90% of India’s workforce is employed in the unorganised sector. Gold loans are ideal for them as they need not prove their sources of income.

India has the world’s largest stock of privately held gold with informed estimates ranging from 15,000 to 20,000 tonnes of gold. When this gold remains idle in our lockers and vaults, billions of dollars in savings (about US$ 720 to US$ 975 billion) are kept out of the financial system. This sum could have been lent out to industries and for building infrastructure. When gold is monetised, it accelerates economic activity leading to higher demand and consumption expenditure. Annual Report 2010-11 16

In safe hands

Since the value of gold appreciates, unlike cash, the business revolves more around gold, not cash. And so in the larger scheme of things, we at Manappuram become the custodians of the borrower’s asset. We are answerable to our customers should anything go wrong. Virtues We Honour Core Strengths Growth Strategies Social Responsibility 17 Strategic Overview

We therefore take all Burglar alarms Burglar alarms are installed at all branches and phone numbers of the assistant branch possible precautions to head, branch head, the concerned police station and control room are integrated into the protect our borrowers’ alarm system. When the alarm goes off, it triggers a call to these numbers. jewellery. We are Shared responsibility Joint custodianship by the branch head and the assistant branch head: Both the branch committed to produce it head and the assistant branch head possess the keys to the safe or strong room, which can be opened only if both keys are inserted at the same time. instantaneously and in the Insurance original form at the time All gold in the possession of the Company is insured at the replacement cost of gold. All of return. the branches are insured as well. After arriving at the scrap value of gold, an additional 15-20% is added as replacement cost. So there is really no downside in the disbursals of loans.

Security guards Round the clock security guards are present to ensure complete safety of the branch. In addition, we have recently implemented patrolling services to reduce risk of burglary.

IP/CCTV cameras We have installed IP/CCTV cameras at several branches. We intend to continue to install cameras at our branches and at least two cameras at branches that are located in high- risk areas.

Knowing our customers All our branches follow standard ‘know your customer’ (KYC) policies and other customer appraisal procedures, depending on the amount of the Gold Loan. We implemented additional identification confirmation procedures, like retaining a live photograph of each customer in our system, and confirming the customer’s mobile number through a unique identification number conveyed by SMS at the time of the pledge.

Alert In cases that we perceive to be risky, an alert is raised and followed up with verification by the Area Heads. We also have random checks for all the branches to minimise discrepancies.

Tracking We monitor the high growth branches by checking the operating, repository, audit and sales functionaries on a weekly basis to mitigate possibilities of fraud at every branch.

Customised safety measures 2000+ strong-rooms/safes across the country

Armed security at all high-value branches

Breaking into a safe in the normal course is almost impossible.

500+ branches already equipped with Surveillance Cameras; others to follow suit shortly Annual Report 2010-11 18

Fastrack technology

Manappuram’s investment in technology has brought many returns. It has helped us in delivering quality service, in minimising errors, streamlining procedures, reducing turnaround times in gold loan disbursal, and in the faster transmission of data and advanced risk management practices. Virtues We Honour Core Strengths Growth Strategies Social Responsibility 19 Strategic Overview

Core banking Manappuram was the first in the gold loan segment to adopt the ‘core banking’ platform. We invested in developing proprietary technology solutions, which have enabled real time network linkage of branches across the country with the head office. The result – for customers, there is the flexibility of repayment at any Manappuram branch and, for the Company, lower chances of defaults by duplicate identity.

Online information access We upload data in real-time from each branch to facilitate online information access. Our technology-aided operations reduce the transaction time significantly, easing the process for customers and attracting more of them. The availability of real time information has made possible faster management responses at Manappuram.

Internal control system Our technology platform has aided the development of an effective risk-mitigating internal control system and internal audit.

Disaster recovery system Our disaster recovery system located outside Kerala, replicates data in actual time. The centralised offsite surveillance at all our branches ensures security of our assets.

Advanced locking system In the near future, we at Manappuram have also scheduled the implementation of an IP-based locking system for the lockers in order to enhance our security system.

During the year, Manappuram entered into a technology tie up with IBM to further upgrade its technology platform and maintain operational excellence in various functions. Annual Report 2010-11 20

The Star Factor The most popular stars endorse brand Manappuram in every region of our operations. To enhance and reinforce the value and credibility of brand Manappuram, we have budgeted extensively for advertising campaigns with strong regional appeal. The standing and strong mass association of our ambassadors helps to educate the people about gold loans, in their own mother tongues. Virtues We Honour Core Strengths Growth Strategies Social Responsibility 21 Strategic Overview

Venkatesh For Venkatesh, Manappuram was the first ad campaign to which he agreed to lend his name. An MBA from the US, he was the natural choice for us as he understood the Manappuram philosophy and brought credibility to our brand in Andhra Pradesh.

Mohan Lal A Malayalam film stalwart, Mohanlal is one of the hottest properties in the celebrity endorsements market. A name to reckon with in Kerala as well as the vast Malayali diaspora, we chose Mohanlal to add weight to our presence in the state.

Puneeth Rajkumar Kannada film actor Puneet Rajkumar, son of the legendary Rajkumar, has stolen many a heart with his performances. For us, he was the man to represent brand Manappuram in Karnataka.

Vikram Suave and sophisticated, yet an actor with whom everyone can relate. In Tamil Nadu, Vikram enjoys great popularity and respect.

Akshay Kumar The man of the masses, action superstar Akshay Kumar has enjoyed fame and recognition not only for his Hindi film performances, but is also known for being the perfect family man – a virtue we at Manappuram are happy to be associated with.

Mithun Chakrabarty The star with an inimitable presence, Mithun da, as he is popularly referred to in Hindi as well as Bangla cinema, is recognised for his stability and integrity as an actor. A National Award winner, he represents our brand in West Bengal.

Sachin Khedekar A popular Marathi and Hindi film and television star and a fine character actor noted for his sensitive portrayals, Sachin Khedekar lends credibility to our brand in Maharashtra.

Uttam Mohanty One of the most popular film stars in Odisha, with over 135 Odiya and 30 Bengali films to his credit, Uttam Mohanty brings star power to our brand in Odisha.

The Company has signed on top stars from film industries in Andhra Pradesh, Kerala, Karnataka, Tamil Nadu, Bollywood, Maharashtra, Odisha and West Bengal. Over the year, the campaigns have succeeded in generating sharply higher business in the gold loan category. Annual Report 2010-11 22 Advantage Manappuram

1 Fastest growing 3 Celebrity 5 Stringent risk player in the high endorsement management growth Indian gold enhancing brand framework loan industry recall and high trust quotient

USPs of Manappuram

Strong distribution Robust business model network complemented by efficient technology platform 2 4 Virtues We Honour Core Strengths Growth Strategies Social Responsibility 23 Strategic Overview

6 Flexible product 8 Consistently 10 Strong support offerings catering growing financial from all to customised performance stakeholders needs

Access to multiple Experienced management sources of low cost team and Board of Directors funds 7 9

G. Mariya Arul Baskar: The life-saver loan

G Mariya Arul Baskar has been running “Arul Medical Stores” in the bus-stand complex at Alangulam for the past four years. Since 2009, whenever he has needed money, he has approached the Alangulam Branch of Manappuram Finance for a gold loan. According to him, the preference for Manappuram Finance is because he gets the maximum loan amount and also the easy procedures and prompt service. This aspect is particularly helpful to him because he cannot afford to be away from his store for long hours. His business is now doing well and he has employed two assistants as well. He gives all credit to Manappuram for having helped him in uplifting his business and life. Annual Report 2010-11 24 Sustaining the growth momentum

Continuously grow Proactively expand Taking the the gold loan branch network Manappuram business brand to greater We continue to grow our gold loan portfolio by expanding heights The organised gold loan market our network through branch- is approximately 1.2% of the additions. We have added over value of total gold stock in We have established strong 1000 branches in 2010-11. We India. We intend to increase our brand recognition in the rural propose to increase our branch presence in the under-served rural and semi-urban markets of India, strength by about 500 additional and semi-urban markets, where particularly in the southern states branches in 2011-12, including a large proportion of the of Kerala, Tamil Nadu, Karnataka in the states where we have population has limited access and Andhra Pradesh. We intend to no operational presence. It has to credit because they do not continue to add to our visibility by been found that on a per-branch meet the complex eligibility using celebrities in our advertising basis, our increase in principal requirements of banks or financial campaigns and as well as amount of loans and revenues is institutions, because credit is not through other marketing initiatives generally more than the increase available in time at reasonable on radio, television and outdoor in proportionate operating costs interest rates, or it isn’t available advertising. each year, providing us with at all. economies of scale as branches mature. Virtues We Honour Core Strengths Growth Strategies Social Responsibility 25 Strategic Overview

Update technology Continuously Attract and retain platform strengthen risk high quality talent management We at Manappuram believe that procedures and We intend to continue our focus progress in technology reduces on attracting and retaining high operational and processing related systems quality talent. We continue to time and thereby improves our cash in on our strengths in recruitment. We continuously operating efficiencies. We intend For enhanced focus on our develop targeted compensation to further develop and strengthen integrated risk management schemes to retain our key our technology platform to framework, we intend to set up management personnel and support our growth and improve support processes to identify, professionals, such as offering the quality of our services. measure, monitor, report and performance-linked incentives Our improved comprehensive mitigate major risks. We propose and ESOPs. knowledge base, customer profile to invest significantly in personnel, and support systems will assist us technology and infrastructure in the expansion of our business. towards improved process We also propose to strengthen efficiencies and mitigate technology know-how in our business risks. jewellery appraisal process.

Sukumaran P: Surviving cut-throat competition

Sukumaran P is a transport operator who drives his own lorry. It is a business where unexpected expenses are routine. In the beginning, he depended on friends and relatives for small loans, but over time, they became uncomfortable and unfriendly.

And that is when he began considering gold loans. He availed his first gold loan in 2006. There were many companies from which to pick. However, he chose Manappuram because it granted the maximum loan amount per gram. His first loan was ploughed into his business.

Over the years, Mr. Sukumaran has come to appreciate other aspects of Manappuram’s convenient services: extended working hours, Sundays being workdays, prompt service even during rush hour, timely completion of transactions. He even recommends Manappuram to his friends and relatives. Annual Report 2010-11 26 The community matters

A round-up of CSR at Manappuram CSR at Manappuram borrows intimately from its pursuit of building sustainable businesses that create market value as well as social value. By integrating social imperatives into our corporate structure and processes, we shoulder the duties that our corporate citizenship entails. We collaborate with internal as well as external stakeholders to make an impact in the community at large through grassroot programmes in healthcare, women empowerment and charity.

The establishment of Manappuram Foundation, a charitable trust, at Valapad in October 2009, became our first significant milestone. It gave concrete shape to Manappuram Group’s corporate conscience, with an institution to formally carry forward its CSR mission and the larger vision driving the Company’s quest to create social value.

Janaraksha Manappuram Health Insurance for BPL families As was elaborated in last year’s annual report, the Foundation’s first mission was the original plan to make health care more accessible to the needy in the seven Panchayats in the Valapad area in the coastal belt of Thrissur District. The Janaraksha – Manappuram Free Health Insurance Scheme provides free health insurance for all 20,000 BPL families in seven identified Panchayats around Valapad. The policy covers their medical expenses up to an annual limit of ` 60,000. It takes care of most common diseases including heart ailments, cancer and maternity care. The heads of the beneficiary families are additionally insured for a sum of ` 75,000 against death due to accident. Also, in the event of death from cancer, the dependents are eligible for cash compensation of ` 25,000 directly paid by the Foundation. The premiums payable by the beneficiaries are entirely funded by the Manappuram Foundation, at a recurring annual cost of about ` 4 million. Since the beginning of the year when the scheme began, nearly 5,000 families have benefited, having been reimbursed a total amount of about ` 25 million for much needed medical treatments..

The Sarojini Padmanabhan Women Empowerment Programme The Sarojini Padmanabhan Women Empowerment Programme was formally inaugurated on January 1, 2011 by the Union Minister of State for Agriculture, Prof K.V. Thomas. This novel initiative seeks to give disadvantaged women of the area a sustainable source of income to support their families. To this end, the Foundation forms self help groups (SHGs) of women to execute common activities involving ownership and management of farming and far-related activities to generate income. As the project gains strength, these women will be guided and trained to become change agents, to aid financial and social development of the community. Virtues We Honour Core Strengths Growth Strategies Social Responsibility 27 Strategic Overview

Two SHGs have been formed to cultivate a 1.3-acre plot leased by the Foundation. They cultivate okra, brinjal, bitter gourd, snake gourd, yam, spinach, etc. The Foundation has further arranged a venue for the group to sell these vegetables directly to consumers in and around our HO premises.

The larger intent is that more groups of eligible and willing women from these areas will be identified and provided with suitable resources to start similar cultivation. Gradually, an entire area will be adopted where the women would be encouraged to engage in activities that result in surplus food for sale as a sustainable source of family income. Over time, the larger goal is to earmark a portion of the surplus from these ventures to promote basic infrastructure development of the community, like drinking water projects, sanitation facilities etc.

Ongoing engagement with the community As part of its ongoing engagement and involvement with the community, Manappuram Foundation provides financial assistance to various needy individuals, charitable institutions, and other worthy causes. Over the last year and a half, the Foundation has disbursed a total of ` 3 million towards the endeavour.

A major beneficiary has been the Alpha Pain and Palliative Care Clinic, an independent institution that has pioneered palliative care in the Thrissur district. The clinic received a grant of ` 500,000 in December 2010. We have provided the Clinic with regular monthly support of ` 50,000 to meet expenses ever since.

Another beneficiary has been Oruma Snehakootayma, a prominent local charity based at Nattika. They were initially given a grant of ` 500,000 in May 2010. This was followed by a further grant of ` 360,000 in August, 2010 to fund their programme to support poor and elderly widows. A hundred such widows will receive monthly pension of ` 300 for the next one year.

The Foundation has also been active outside of Kerala, in neighbouring Karnataka and Tamil Nadu. In Bangalore, for instance, the Foundation has awarded scholarships to deserving underprivileged students, liberal donations to schools and orphanages, and financial assistance to kidney, cancer and heart patients from poor families. Similar activities were also carried out at Karur and Coimbatore in Tamil Nadu. Annual Report 2010-11 28 Board of Directors

V. P. Nandakumar, aged 57 years, is the Executive Chairman of our Company. He holds a masters degree in Science from Calicut University and is also a Certified Associate of Indian Institute of Bankers. He is the chief Promoter of the Manappuram Group of Companies and has in the past been associated with the banking industry in various capacities. He is the Chairman of the Equipment Leasing Association (India) and the Kerala Non-Banking Finance Companies Welfare Association. He has been the Director of our Company since July 15, 1992.

I. Unnikrishnan, aged 47 years, is the Managing Director of our Company. He holds a bachelors degree in Commerce from Calicut University and is also a fellow member of the Institute of Chartered Accountants of India. He has experience in rendering advisory services relating to NBFCs. He has in the past worked with HAWA-MK Electrical Limited. He has been the Director of our Company since October 11, 2001. He was appointed as the Managing Director on October 1, 2006.

B. N. Raveendra Babu, aged 59 years, is the Joint Managing Director of our Company. He holds a masters degree in Commerce from the Calicut University and completed his inter from the Institute of Certified Management Accountants. He has worked in a senior position in the Finance and Accounts Department of Blue Marine International in the U.A.E. He has been the Director of our Company since July 15, 1992. He was appointed as the Joint Managing Director on January 11, 2010.

V. R. Ramachandran, aged 59 years, is an Independent and Non Executive Director of our Company. He holds a bachelors degree in Science from the Calicut University and a bachelor’s degree in law from the Kerala University. He has over 32 years of work experience and is a civil lawyer enrolled with the Thrissur Bar Association. He has been the Director of our Company since April 19, 2002.

A. R. Sankaranarayanan, aged 85 years, is an Independent and Non Executive Director of our Company. He holds a masters degree in Science from Annamalai University and is a retired officer from the Indian Revenue Service. He has over 50 years of work experience and has in the past worked as Director of the Prime Minister’s Secretariat, Managing Director of SAIL International Limited and Director of the Federal Bank Limited. He has been the Director of our Company since August 18, 2003.

P. Manomohanan, aged 70 years, is an Independent and Non Executive Director of our Company. He holds a bachelor’s degree in Commerce from Kerala University and also a diploma in Industrial finance from Indian Institute of Bankers. He is also a Certified Associate of the Indian Institute of Bankers. He has over 38 years of work experience in the RBI and in the regulatory aspects of NBFCs. He has in the past held the post of General Manager of Reserve bank of India. He has been the Director of our Company since August 18, 2003.

V. M. Manoharan, aged 65 years, is an Independent and Non Executive Director of our Company. He holds a masters degree in Commerce from University of Kerala and holds a Doctor of Philosophy in International Business (Commerce) from Cochin University of Science and Technology. He has over 40 years of work experience and has in the past held the posts of Deputy Director, Collegiate Education, Thrissur Zone and Dean, KMCT school of Business, Kozhikode. He also held the post of the Principal in various Government Colleges in Kerala and was also a Syndicate Member of University of Calicut. Presently, he is a member of the steering committee, Vidya International Charitable Trust, Thalakkottukara, Thrissur and of the All India Management Association and the Association of Indian College Principals. He has been the Director of our Company since August 18, 2003. The Board Directors’ Report Management Discussion Report on Corporate 29 Board and Management Reports and Analysis Governance

M. Anandan, aged 61 years, is an Independent and Non Executive Director of our Company. He holds a bachelors degree in Commerce from the Madras University and is a qualified Fellow Chartered Accountant. He has more than 30 years of work experience in the field of financial services. He has in the past worked with Cholamandalam DBS Finance Limited and with Cholamandalam MS General Insurance Limited as its Managing Director. He was also the Director in Charge of DBS Cholamandalam AMC Limited and DBS Cholamandalam Securities Limited. Currently he is the Chairman of Aptus Value Housing Finance Limited and is on the board of Equitas Micro Finance India Private Limited as a non executive director. He has been the Director of our Company since August 17, 2009.

Shailesh J. Mehta, aged 62 years, is an Independent and Non Executive Director of our Company. He has completed his Bachelor of Technology in Mechanical Engineering from Indian Institute of Technology, Mumbai, and holds a masters degree in science in Operations Research from Case Western Reserve University. He holds a Doctor of Philosophy degree in Operation Research and Human Letters from the California State University and in Operation Research and Computer Science from Case Western Reserve University. He has over 38 years of work experience and has held the post of President Granite Hill Capital Ventures, Chairman and Chief Executive Officer Providian Financial Corporation, operating general partner West Bridge Capital, president and Chief Operating Officer Capital Holding and Executive Vice President Key Corp (formerly Ameritrust). He has also held the post of Chairman and Chief Executive Officer, Providian Financial Corporation and President and Chief Operating Officer Capital Holding. He has been the Director of our Company since August 17, 2009.

Jagdish Capoor, aged 72 years, is an Independent and Non Executive Director of our Company. He holds a masters degree in Commerce from Agra University and has also done his fellowship from Indian Institute of Banking and Finance. He has more than 39 years of work experience in banking and finance. He has in the past worked as the Deputy Governor of the Reserve Bank of India, Chairman of HDFC Bank, BSE, Deposit Insurance and Credit Guarantee Corporation of India, Unit Trust of India and also as a Director on the boards of several commercial banks. Currently he is on the board of Indian Hotels Company Limited, Assets Care Enterprise Limited, Indian Institute of Management, LIC Pension Fund Limited and the Chairman of Quantum Trustee Company Private Limited. He has been the Director of our Company since July 20, 2010.

Gautam Saigal, Gautam Saigal, aged 46 years, is a Nominee and Non Executive Director of our Company. He holds a masters degree in commerce from the Calcutta University and is a qualified Chartered Accountant. He has over 19 years of work experience of which over 13 years has been on buy side private equity advisory services. He is the Managing Director of AA Indian Development Capital Advisory Services. Prior to this he Co-Led AIG Global Investment Group’s private equity India advisory team, advising on private equity investments by various AIG Group sponsored funds in India. Earlier he was Vice President at SSKI Corporate Finance, Mumbai. He has served on the board of several companies. Presently he is on the board of Numero Uno Clothing, Siesta Logistics and Barflex Polyfilms Ltd. He has been the Director of our Company since August 17, 2009.

Gaurav Mathur, aged 37 years, is a Nominee and Non Executive Director of our Company. He has completed his Bachelor of Arts in Economics (honours) from Delhi University and master of business administration from Indian Institute of Management, Ahmedabad. He is the Co-founder and Managing Director of India Equity Partners. He had worked with JP Morgan Partners, Singapore, and Deutsche Bank, London. He had also served on the boards of Domino’s Pizza India Limited, Gujarat Glass Limited, MTR Foods Private Limited and RSB Transmission of India Limited. Currently, he is serving on the boards of A2Z Engineering and Maintenance Services Private Limited and IKYA HR Services and Ocean Sparkle Limited. He has been the Director of our Company since October 15, 2010. Annual Report 2010-11 30

Directors’ Report

To, The Members Manappuram General Finance and Leasing Limited

Your Directors are pleased to present the 19th Annual Report on the working of the Company with the Audited Accounts and the Report of the Auditors for the financial year ended March 31, 2011.

1. Financial Results

(in ` million)

Description 2010-11 2009-10

Gross Income 11,815.26 4,782.01 Total Expenditure 7,576.30 2,963.75 Profit Before Tax 4,238.96 18,18.26 Provision for Taxes/Deferred tax 1,412.32 621.04 Net Profit 2,826.64 1,197.22 Profit b/f from previous year 917.11 188.73 Amount available for appropriations 3,743.75 1,474.07 Appropriations: Transfer to Statutory Reserve 565.33 239.45 Transfer to General Reserve 282.67 119.72 Transfer to Capital Redemption Reserve -- 17.15 Dividend on Preference shares -- - Interim Dividend on Equity Shares -- - Proposed Equity Dividend 500.25 165.89 Tax on dividend 81.14 27.21 Balance carried forward to next year 2,314.36 904.65

2. Dividend each at a price of ` 75.70 per share to the promoters by way Your Board is pleased to recommend a dividend of 30% of preferential allotment. Further, your Company had raised an (i.e., ` 0.60 per equity share of ` 2 each) on the paid up amount of ` 10,000 million by way of Qualified Institutions equity capital of the Company. On approval by the Members at Placement in November 2010 by allotting 59,523,809 equity the ensuing Annual General Meeting, the said dividend would shares @ ` 168 per share. The amount raised from these be paid to those Members whose names appear on the issues was utilised for the purposes of augmenting the Register of Members as on the date of Book Closure. funding needs of the Company and to meet capital adequacy norms. The total cash outflow exclusive of tax on account of equity dividend would be ` 500.25 million as compared to ` 165.89 During the year, the Company had subdivided its equity shares million during the previous year. It may be noted that the said from ` 10 per share to ` 2 per share. The Company had also dividend is tax free in the hands of the shareholders. made a bonus issue in the ratio of one fully paid equity share for each share held in the Company. During the year, the 3. rAising of Additional Capital Company had also issued 3,755,120 shares to its employees As per the approval given by the members at the Extraordinary under the ESOP 2009 scheme of the Company. General Meeting of the Company held on August 24, 2010, your directors had allotted 13,210,039 equity shares of ` 2 The Board Directors’ Report Management Discussion Report on Corporate 31 Board and Management Reports and Analysis Governance

The Gross Income for this period was ` 11,815.26 million as against ` 4,782.01 million in the year 2009-10.

4. Capital and Reserves a) Deposits

Capital and Reserves of the Company as on March 31, 2011 As you are aware, your company had stopped stood at ` 19,239.57 million. During the year under review the acceptance of deposits way back from 2007. Your Company transferred ` 565.33 million to Statutory Reserve. company had changed itself into a non - deposit taking 5. Working Results category B NBFC with effect from March 22, 2011. All amounts due to deposit holders have been transferred The year 2010-11 was a year with excellent financial results as to an ESCROW account opened with Punjab National far as your Company is concerned. The Gross Income for this Bank. period was ` 11,815.26 million as against ` 4,782.01 million in the year 2009-10. The Total Expenditure for the period was As on the date of this report, there were no deposits ` 7,576.30 million. The Company had posted a record which are due for transfer to the IEPF Account of the profit after tax of ` 2,826.64 million for the period under Central Government on the expiry of seven years after consideration, signifying an increase of ` 1,629.41 million over maturity. There is a regular follow up on the part of the the previous year. Company to redeem unclaimed deposits. The Company continues to enjoy MA+ rating awarded by ICRA for its 6. business Outlook public deposits. Your Company is engaged in the business of gold loans and b) secured Redeemable Non-Convertible would like to be positioned as such, much stronger, in future. Debentures Encouraged by the Company’s success year after year, we Your Company continues to issue fully secured have shaped our business plan for the financial year 2010-11 redeemable Non-Convertible Debentures of ` 1000/- as part of realisation of our long term strategy to ‘energise’ each on private placement basis. The outstanding at least 10% of the vast privately held gold reserves in the balance of Debentures including interest accrued and country. Your Company provides credit, the average size of due as on March 31, 2011 amounts to ` 1,333 million. which is ` 50,000. Given the nature of our operations, it is The debentures are issued on private placement basis essential that we have to be close with the customers and a and are secured by a floating charge created on the country wide presence becomes inevitable. We have decided receivables and other current assets of the Company. to penetrate into areas hitherto underserved by us. Innovative The Company has appointed Trustees to see that the products, improved relationship management, brand building, interests of debenture holders are well protected. efficient customer service, better use of technology and reduced operational costs will become the hallmark of During the period under consideration, your Company successful NBFCs in future. Your Company’s business strategy came out with the issue of listed Non-Convertible is in recognition of these facts. Debentures to institutions. ICRA has assigned ‘LA+/stable’ rating for the same 7. resources indicating average credit risk. Under this programme Your Directors could successfully mobilise ` 10,000 million by your Company mobilised ` 3,700 million. way of Qualified Institutions Placement during the year. The c) unsecured Bonds Company was also successful in mobilising funds from the issue of debentures to both retail and institutional investors The Company issued unsecured Subordinated Bonds and from instruments like Commercial Paper. Apart from in the nature of Promissory Notes on private placement basis. These Bonds will be treated as Tier II Capital as this, the company is in the process of raising money from per RBI norms. The outstanding figure of these bonds as wholesale debt market by the issue of listed debentures. on March 31, 2011 amounted to ` 1,778.76 million. Annual Report 2010-11 32

Directors’ Report

d) Assignment of Receivables The Company has procured funds through assignment of receivables to Banks and Financial Institutions during Awarded ‘A1+’ rating by ICRA the year. The aggregate amount assigned as at March for its short term borrowings in 31, 2011 is ` 11,182.83 million. enhancement of the earlier A1 e) Commercial Paper Your Company enjoys a limit of ` 3 billion for rating. Further, CARE has assigned Commercial Paper (CP) / Short Term Debt programme AA- rating for long term credit. having a ‘A1+’ rating from ICRA, which indicates lowest credit risk in the short term. During the year, the Company made several issues of the CP and the directorship of the company on account of his change from outstanding figure of these CP’s as on March 31, 2011 the parent organisation. In addition, Mr. K. P. Balaraj, who was amounted to ` 10,007.87 million. the nominee of M/s Sequoia Capital had also resigned on the 8. new Recognitions sale of the entire shares by the nominating company. Your directors are pleased to inform that the earlier LA rating Mr. T. V. Antony, director who was appointed on May 11, 2010 of the Company has since been upgraded to LA+ by ICRA. The resigned with effect from August 28, 2010 on account outlook on this rating is stable. The Company has also been of health reasons. Your Board accepted all the above awarded ‘A1+’ rating by ICRA for its short term borrowings resignations. The Board places on record its appreciations for in enhancement of the earlier A1 rating. Further, CARE has the remarkable service and support rendered by the above assigned AA- rating for long term credit. personalities as directors of the company. 11. Conservation of Energy, Technology 9 Compliance with NBFC Regulations Absorption and Foreign Exchange Earnings Your Company has complied with all the regulatory provisions & Outgo - Information as per Section 217 (1) framed by Reserve Bank of India for Non-Banking Financial (e) of the Companies Act, 1956 Companies. The Capital Adequacy Ratio of the Company The Company does not have any activity relating to as on March 31, 2011 is 29.13 % as against the statutory conservation of energy or technology absorption. requirement of 15%. The Company holds AD Category II licence from the Reserve 10. Directors Bank of India for its foreign exchange operations. Following Retirement of Directors by Rotation are the details of foreign exchange earnings and outgo during 1) Mr. P. Manomohanan, Director retires by rotation and the period covered by this report: being eligible offers himself for re-appointment. Foreign Exchange Earnings : Nil Foreign Exchange Outgo : Nil 2) Dr. V. M. Manoharan, Director retires by rotation and being eligible offers himself for re-appointment. 12. Particulars of Employees

3) Mr. M. Anandan Director retires by rotation and being Particulars of the employees covered by the provisions of eligible offers himself for re-appointment. section 217 (2A) of the Companies Act, 1956, read with Company’s (Particulars of Employees) Rules, 1975 is as under: Appointment Statement Pursuant To Section 217 (2A) Of The Companies Act, Mr. T. V. Antony and Mr. K. P. Balaraj were appointed to the 1956, read with Company’s (Particulars Of Employees) Board of your Company as Additional Directors on May 11, Rules, 1975 2010. Mr. K. P. Balaraj was the nominee of Sequoia Capital and consequent to the sale of its entire holding in the Company, he resigned from the directorship and offered himself to be appointed as an independent director.

Resignation During the year Mr. Ashvin C Chadha who was the nominee of M/s Hudson Equity Holdings Limited resigned from the The Board Directors’ Report Management Discussion Report on Corporate 33 Board and Management Reports and Analysis Governance

Name Designation Age Remuneration Date of Joining Experience in Years Received Mr. V. P. Nandakumar Executive Chairman 57 30,000,000 July 15, 1992 31 Mr. I. Unnikrishnan Managing Director 47 9,600,000 October 01, 2006 21 Mr. B. N. Raveendra Babu Joint Managing Director 59 7,800,000 August 17, 2009 33

13. Directors’ Responsibility Statement As required under Section 217 (2AA) of the Companies Act, 1956, the Board of Directors hereby declares that:

a) In the preparation of Annual Accounts for the financial year ended March 31, 2011, applicable Accounting Standards have been followed along with proper explanation relating to material departures.

b) The Directors have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year 2010-11 and of the profit of the Company for that period.

c) The Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of Companies Act, 1956, for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities.

d) The Directors have prepared the Annual Accounts for the year 2010-11 on a going concern basis.

14. auditors The statutory Auditors M/s S.R. Batliboi & Associates, Chartered Accountants, Firm Registration Number- 101049W, TPL House, Second Floor, 3, Cenotaph Road, Teynampet, Chennai - 600 018, retire at the ensuing Annual General Meeting of the Company and are eligible for re-appointment.

15. report on Corporate Governance Your Company has been practicing principles of good Corporate Governance over the years. The endeavor of the Company is not only to comply with the regulatory requirements but also practice good Corporate Governance that lays strong emphasis on integrity, transparency and overall accountability. A separate section on Corporate Governance along with a certificate from the Statutory Auditors confirming compliance is annexed and forms part of this report.

16. management Discussion and Analysis Management Discussion and Analysis Report is attached and forms an integral part of the Report of the Board of Directors.

17. esop 2009 The company had launched an Employees Stock Option Scheme 2009 (ESOP 2009), under the SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, as approved by the shareholders on 17.08.2009.

The ESOP 2009 provides for 1 million Stock Options of ` 10 each, out of which the Company has granted 8,29,500 Options to the employees. The disclosures in terms of Clause 12 of the SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999 are set out in the Annexure to this Report. The number of options were adjusted in lines with the split of face value of shares and bonus issue made by the company. 18. acknowledgement Your Directors acknowledge the dedicated service rendered by the Employees of the Company at all levels. The Directors also acknowledge the support and co-operation received especially from Shareholders, Investors, Customers and Well-wishers, Reserve Bank of India, Government Departments, Investment Bankers, Rating Agencies, Banks and other Financial Institutions.

For and on behalf of the Board of Directors

Place: Valapad V. P. Nandakumar Date: April 28, 2011 Executive Chairman Annual Report 2010-11 34

Annexure to the Directors’ Report

Disclosures in terms of Clause 12 of the SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999

SL Particulars Disclosures- ESOP 2009 No. a Options granted during the year 8,295,000 b Pricing Formula The exercise price will be decided by the Nomination, Compensation and Corporate Governance Committee of the Board in accordance with the SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999 and any amendments thereto c Options Vested 50% of the above Options vested on August 16, 2010 and the balance would vest on August 16, 2011 d Options Exercised 3,755,120 e Total no. of shares arising as a result of 3,755,120 exercise of Options f Options Lapsed 445,000 g Variation in terms of Options The criterion for expiry of Exercise Period has been amended as ‘Not later than 4 years from the date of vesting of Options for continuing Employees’ at the Extra-Ordinary General Meeting held on April 22, 2010 and the number of Options have been proportionately increased in view of the Subdivision and Bonus issue. h Money realised by exercise of Options 12,43,69,574 i Total number of Options in force 4,094,880 j Employee wise details of Options granted to: (i) Senior Management Name No. of Options Mr. I. Unnikrishnan 1,200,000 Mr. B. N. Raveendra Babu 1,000,000 Mr. P. Manomohanan 300,000 Dr. V. M. Manoharan 300,000 Mr. A. R. Sankaranarayanan 300,000 Adv. V. R. Ramachandran 300,000 Mr. M. Anandan 300,000 Mr. Shailesh J Mehta 300,000 (ii) Any other employee who Nil receives a grant in any one year of Option amounting to 5 per cent or more of Option granted during that year (iii) Employees who were granted Nil Option, during any one year, equal to or exceeding 1 per cent of the issued capital (excluding warrants and conversions) of the Company at the time of grant The Board Directors’ Report Management Discussion Report on Corporate 35 Board and Management Reports and Analysis Governance

Disclosures in terms of Clause 12 of the SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999

SL Particulars Disclosures- ESOP 2009 No. k Diluted earnings per share pursuant to Dilutive EPS - ` 7.51 issue of shares on exercise of Options calculated in accordance with AS 20 ‘earnings per share’ l Where the company has calculated the The difference between the employee compensation cost computed in accordance with employee compensation cost using intrinsic value adopted by the Company and fair value is ` 52.12 million. the intrinsic value of the Stock Options, Had the Company adopted the fair value model, the net profit after tax would have the difference between the employee been ` 2,774.52 million as against the reported amount of ` 2,826.64. compensation cost so computed and the employee compensation cost that The Basic EPS is ` 7.47 shall have been recognised if it had The Diluted EPS would have been ` 7.37 as against the reported figures of ` 7.51. used the fair value of the Options, shall be disclosed. The impact of this difference on profits and on EPS of the company shall also be disclosed. m Weighted-average exercise prices The exercise price is ` 33.12 and weighted-average fair values of Options shall be disclosed separately for Options whose exercise price either equals or exceeds or is less than the market price of the stock on the grant date. n Description of method and significant The fair value of options was estimated at the date of grant using the Black-Scholes assumptions used to estimate the fair method with the following assumptions: value of Options Particulars Vesting I Vesting II August 16, 2010 August 16, 2011 50% 50% Risk-free interest rate 6.15% 6.53% Expected life 3 years 4 years Expected volatility 67.11% 66.62% Expected dividend yield 2.76% 2.76% Share price on the date of ` 331.15 /- ` 331.15 /- grant (face value of ` 10/-) Annual Report 2010-11 36

Management Discussion and Analysis

1. economic outlook 2. industry structure and developments The year 2010-11 has been a year of accelerated recovery. During the global economic slowdown, the NBFC sector After a significant dip in FY 2008-09, followed by a recovery encountered significant stresses in asset quality, liquidity and that gained strength in the last fiscal year, the journey of the funding costs. While all the NBFCs were affected, the impact Indian economy has been challenging but the outcome has varied according to the structural features of each individual been encouraging. The year saw a GDP growth of 8.6%, and entity. With the Indian economy recovering rapidly in the last the finance minister in his budget estimates has raised the bar year, the demand side of NBFCs has improved and challenges for the next year to a full 9%. The agriculture sector’s strong to asset quality have also reduced. The sector has become rebound with a 5.4% growth came in handy though in the more robust, thanks to the lessons learned from this crisis. next fiscal it may touch only 3%. Industry and services grew at A strong banking and financial sector creates the necessary a healthy 8.1% and 9.6% respectively and during the current environment to facilitate higher economic growth. Financial year they are expected to further grow at 9.2% and 10.3% intermediaries like NBFCs play a critical role in a developing respectively, presenting a fairly robust picture. economy like ours, where financial inclusion remains a However, even as timely and aggressive policy responses by distant goal. NBFCs generally focus on those areas where the RBI and the Government aided the recovery in growth, banks are either uncompetitive or where they do not find the certain risks to the economy have also come to the fore returns worth their while. In doing so, they have consistently during the year. demonstrated a superior ability to innovate and reach out to unbanked areas. Risks that emerged in FY 2010-11 Not surprisingly then, NBFCs in India are expected to flourish Surge in domestic and international commodity prices in the medium to long term because they serve as a source (especially petroleum) of finance to the infrastructure, SME, vehicle and housing High levels of current account deficit segments, sectors that are key to the country’s economic growth in the coming years. Slowdown in the IIP numbers In line with the perceived importance of NBFCs, in March 2011, Continuing uncertainty in the pace of recovery in the the RBI set up a working group to examine issues pertaining advanced economies to regulation of the NBFCs, including their governance and Fiscal crisis in parts of the Eurozone supervision. The Group, to be headed by former Deputy Volatility in the inflow of short term foreign funds, coupled Governor Usha Thorat, will focus on the definition and with slowdown in FDI inflows classification of NBFCs, and address regulatory gaps and regulatory arbitrage. Food inflation remained stubbornly high for much of the year and now appears to have spilled over into the rest of the 3. opportunities economy. Consequently, WPI inflation for March 2011 stood The core area of the Company’s activities i.e. gold loans offers at 8.98% compared to RBI’s revised estimate of 8% and well immense potential. The World Gold Council estimates that over the government’s comfort zone of about 5%. In order to privately held gold stock in India exceeds 18,000 tonnes. combat the persistently high inflation, RBI hiked policy rates The Company’s vision is to impart liquidity to at least 10% of seven times during the year, with a cumulative increase of 175 such privately held gold. Consistent with this vision, we have basis points in short-term lending (repo) rate and 225 basis relentlessly expanded our network of branches across the points in short-term borrowing (reverse repo) rate. country. The Company more than doubled its branch network, expanding from 1005 branches as on March 31, 2010 to 2,064 On the positive side, a likely improvement in private domestic branches as on March 31, 2011. demand conditions, a stronger recovery in the global economy during the second half of the fiscal year (leading to strong The Company has also taken initiatives to improve the quality growth in exports) and moderation of inflation are all expected of its operations. Several initiatives were taken to align its to provide a much desired impetus to overall growth in the products with customer needs and preferences. The Company coming year. is largely immune to problems of recovery and non-performing The Board Directors’ Report Management Discussion Report on Corporate 37 Board and Management Reports and Analysis Governance

assets (NPAs) as most of its lending is in the gold loan impetus to the profitable operations of the Company. The segment. Commercial banks have been liberal in extending Company has constantly re-evaluated its strategies, in order financial assistance. However, in the second half of the year, to capitalise on emerging opportunities through products and the overall tight liquidity conditions in the money market did services suited to the finer needs of customers. have a marginal impact in the form of higher borrowing costs. Another noteworthy development during the year was the 4. threats Qualified Institutional Placement (QIP) by the Company in The foray of commercial banks and other NBFCs into retail November 2010 which succeeded in raising ` 10,000 million and gold loans and the increased competition continues to by way of capital. be a potential threat to the Company’s growth. Maintenance credit Ratings received of regulatory capital (CRAR) at 15% is another challenge with potentially negative implications for asset growth. Moreover, In CARE AA- (for NCDs)

February 2011, RBI came out with a clarification that advances Brickwork AA- (for NCDs) given by banks to NBFCs for loans extended to farmers ICRA LA+ (Working capital) against gold jewellery will not be treated as priority sector lending. This has led to a marginal increase in the cost of ICRA A1+* (CPs/STDs) loans, which the Company avails from banks. CRISIL P1+* (for CPs) Attrition levels in the industry continue to be high. With *highest ratings in the short term borrowing programme segment the revival in the economy and particularly in the financial services sector, retaining talented professionals is increasingly 6. risks and concerns becoming a challenge for the Company. To overcome the The Company has put in place a mechanism to minimise hurdle, the Company has leveraged technology to offer better operational risks by way of effective control systems, a system customer service. of constant review and an ongoing internal audit programme. The continuing upward movement in the price of gold coming The risk management framework of the Company aims to on top of sharp increases over the last few years may also be identify the diverse risks faced by the Company and evolve a potential threat in that it is possible—though not necessarily appropriate mitigation strategies. The Internal Audit Team, likely-that there may be an equally sharp pull-back in the which reports directly to the Audit Committee of the Board, coming years, thereby impacting the popularity of gold loans. undertakes comprehensive audit of functional areas and operations at all branches of the Company. The Company is in 5. company overview the process of implementing the recommendations of its audit Manappuram Finance Limited, with Assets Under firm, KPMG, which was engaged to conduct a study of its risk Management (AUM) of about ` 75,000 million, is one of perspectives. Having successfully completed the migration of India’s leading non-banking finance companies. The Company its technological base to the Dotnet platform, the Company provides a range of services including gold loans, vehicle has also set up an off-site surveillance system to make the finance, insurance, foreign exchange services, distribution of internal control system more risk-proof. Mutual Funds and other financial products. Over the years, the Company has built a strong presence in the market through The management of credit risk, interest rate risk and liquidity its cumulative experience, a rapidly expanding network of risk are critical components in the risk management system branches, and robust systems and processes. The Company’s of the Company. The Company has in place rigorous norms long-term aspiration is to emerge as a major player in the for credit disbursal through the Lending Policy Framework business of meeting the financial requirements of retail approved by the Board. The Company has developed an customers and Small and Medium Enterprises (SMEs). asset-liability management model to measure and manage

During the fiscal year, international and domestic gold prices interest rate and liquidity risks. Issues are discussed and continued to show a rising trend closing about 29% higher at reviewed periodically at meetings of the Risk Management the year end. The stability in gold prices provided additional Committee. Annual Report 2010-11 38

Management Discussion and Analysis Report

The major types of risk the Company faces in its businesses are:

Credit risk is the possibility of loss due to the failure of any Credit risk in Gold Loan business is relatively low because all counterparty to abide by the terms and conditions of any financial our loans are generally over-collateralised by pledged gold. The contract with us. Company aims to reduce credit risk through a rigorous loan approval and gold appraisal process, KYC compliance procedures and a strong non-performing asset (“NPA”) monitoring and recovery mechanism. This risk is diminished because the gold jewellery used as security for our loans can be readily liquidated, and the possibility of recovering less than the amount due to us is relatively low. The Company also mitigates credit risk by not disbursing loans in excess of specified limits to the same customer, and for loan amounts exceeding a certain limit, it undertakes a credit check or profiling of the borrower before a loan is approved. Also, it has developed methods to peg the value of the loan amount to the moving average price of gold. The Company decrease credit risk by focusing on the quality of the pledged gold. Our internal control system ensures independent verification of the gold by at least two officials at the branch level. The level of verification at the branch level increases as the loan value increases. In addition, the quality of gold is checked by the area head through random checks. The risk profile of each account is monitored by the risk management division on an ongoing basis through exception reports. Operational risk is broadly defined as the risk of direct or indirect We have instituted a series of checks and balances and audit loss due to the failure of systems, people or processes, or due to reviews to address the various operational risks. Although we external events. disburse loans in very short periods of time, we have clearly defined appraisal methods to mitigate appraisal risk. Inaccurate appraisal of the pledged gold may lead to funds being advanced against low value or spurious gold. This risk is also mitigated by our policies on internal control, generation of alert reports and additional requirements for high value loans. We also have detailed guidelines on movement of cash or gold to address custodial risk, which is the risk associated with the safety and security of our gold inventory. Methods of internal control and vigilance mechanisms aid in controlling this risk. In addition, we are in the process of installing surveillance cameras across of all our branches, and security guards are present at night at all of our branches. We also have policies that require employee rotation both within the branch, as well as within different branches located within the same area, and we undertake significant employee profiling and background verification checks before hiring. In addition, our insurance cover extends to employee theft or fraud and burglary. Market risk arises from the decline in the value of the pledged This risk is in part mitigated by the 15% to 30% margin we build gold due to fluctuation in gold prices. in to our rate per gram used to calculate the loan amount, as well as linking the LTV to the 90 day average price of gold, or the spot rate, whichever is lower. This risk is further reduced because we appraise the gold jewellery and fund loans based solely on the weight of gold content without considering design cost, production cost or value of gemstones. In addition, the sentimental value of the gold jewellery to the customers may induce repayment and redemption of the pledged gold even if the value of the pledged gold falls below the value of the repayment amount. A prompt and effective recovery mechanism also helps us deal with this risk. Security of storage of pledged gold jewellery as part of our The Company has a stringent security policies and procedures in business entails the risk of theft and resulting loss to our place which ensure high degree of safety of the pledged gold. reputation and business Moreover, we have insurance for the pledged gold which acts as a significant mitigation against any theft or burglary. The Board Directors’ Report Management Discussion Report on Corporate 39 Board and Management Reports and Analysis Governance

8. Discussion on financial performance 10. cautionary statement Considering the growth in profits, the Board of Directors has Statements in this report pertaining to the Company’s recommended a dividend of 30% (i.e., ` 0.60 per equity share objectives, projections, estimates, exceptions, and predictions of ` 2 each) on the enhanced paid-up capital of the Company. are forward looking statements subject to the applicable laws In the year under review, income from operations rose by and regulations. These statements may be subject to certain 147%, from ` 4,769.57 million in 2009-10 to ` 11,787.53 risks and uncertainties. The Company’s operations are affected million in 2010-11. The Company posted a consolidated net by many external and internal factors which are beyond the profit of ` 2,826.6 million in 2010-11 as against ` 1,197.2 control of the management. Therefore, the actual position may million in 2009-10, recording an increase of 136%. The differ from those expressed or implied. The Company assumes Company had also issued bonus shares during the year in the no obligation to amend or update forward looking statements ratio of 1:1. in future on the basis of new information, subsequent 9. human resources and infrastructure developments or otherwise. developments On behalf of the Board The Company’s dynamic performance depends greatly on developing and maintaining an organisational structure and human resources capable of keeping pace with the changing V. P. Nandakumar business environment and ensuring staff continuity. During Place: Valapad Sd/- the year, the Company has taken a number of initiatives Date: April 28, 2011 Executive Chairman to strengthen human resources and to improve several HR practices within the organisation. Also during the year, the Company further strengthened its IT infrastructure and systems to support its operations. Connectivity to branches was upgraded so as to provide improved information flow to branches and to further support the collection system. Annual Report 2010-11 40

Report on Corporate Governance

Company’s Philosophy on Corporate Governance The Corporate Governance standards of the Company place strong emphasis on transparency, accountability and integrity in all business activities of the Company. The objective is not merely compliance, but to uphold transparency and integrity in all its operations, thereby optimising shareholder value. The Company believes that its business plans and strategies should be consistent with the above objective leading to sustained corporate growth and long-term benefit to all. The Company follows this principle meticulously in all its business dealings and decisions.

While all mandatory requirements of corporate governance as detailed in Clause 49 of the listing agreement have been complied with by the company, some of the non mandatory requirements have also been complied with, details of which are given in the following paragraphs.

Board of Directors There are twelve members on the board of Manappuram having varied nature of experience and expertise in their respective areas. The composition of the Board meets the criteria prescribed in Clause 49 of the listing agreement. The composition also fulfils the norms issued by Reserve Bank of India in this regard. Out of the twelve directors, three are executive directors, two are nominee directors and seven are independent directors.

During the financial year 2010-11, the Board met on 10 occasions viz 22.04.2010, 11.05.2010, 20.07.2010, 24.07.2010, 24.08.2010, 04.10.2010, 15.10.2010, 24.01.2011, 25.02.2011 and 31.03.2011. The details of participation in meetings and other relevant information are given in the following statement:-

Name & Status of Director No. of No. of Whether Sub-Committee Share holding of Directorships in Meetings Meetings attended Membership@ non executive other public Ltd attended last AGM Directors Companies 1 Mr. V. P. Nandakumar 10 10 Yes Nomination, - 5 Chief Promoter & Compensation Executive Chairman & Corp. Governance committee 2 Mr. I. Unnikrishnan 10 9 Yes Nil - 1 Managing Director 3 Mr. B. N. Raveendra Babu 10 9 Yes Nil - 1 Jt. Managing Director 4 Adv. V. R. Ramachandran 10 10 Yes Grievance 460000 - Independent & Non Executive Committee Director 5 Mr. A. R. Sankaranarayanan 10 10 Yes Audit, 1089500 - Independent & Non Nomination, Executive Director compensation & Corp. Governance Committee 6 Mr. P. Manomohanan 10 9 Yes Audit & 740000 1 Independent & Non Executive Grievance Director Committee The Board Directors’ Report Management Discussion Report on Corporate 41 Board and Management Reports and Analysis Governance

Name & Status of Director No. of No. of Whether Sub-Committee Share holding of Directorships in Meetings Meetings attended Membership@ non executive other public Ltd attended last AGM Directors Companies 7 Dr. V. M. Manoharan 10 10 Yes Grievance 697555 1 Independent & Non Executive Committee Director 8 Mr. M. Anandan 10 9 Yes -do- 435000 7 Independent & Non Executive Director 9 Mr. Shailesh J Mehta 10 5 Yes -do- 170000 4 Independent & Non Executive Director 10 Mr. Jagdish Capoor* 10 4 No Nomination, 1000 3 Independent & Non compensation Executive Director & Corp. Governance Committee

11 Mr. Gautam Saigal 10 8 Yes Audit& - 1 Nominee and Non Nomination, Executive Director Compensation & Corp Governance Committee 12 Mr. Gaurav Mathur* * 10 2 No Nil - 2 Nominee and Non Executive Director

@ Membership of Audit Committee, Nomination Compensation and Corporate Governance Committee and Shareholders Grievance Committee only are shown. * Mr. Jagdish Capoor was appointed as an additional director of the company with effect from July 20, 2010. ** Mr. Gaurav Mathur was appointed as nominee director of M/s Hudson Equity Holdings Limited with effect from October 15, 2010. Annual Report 2010-11 42

Report on Corporate Governance

Changes in the Board of Directors during the year 2010-11

Following table shows the changes among the Board members of the company during the period from April 01, 2010 to March 31, 2011

Name of Director Description of Change Remarks Mr. Ashvin C Chadha Resignation from the directorship Mr. Ashvin C Chadha was the nominee of M/s Hudson Equity Holdings. He resigned from the directorship of the company with effect from October 15, 2010 consequent on his resignation from the nominating company. He attended four board meetings out of the seven meetings held during his tenure. Mr. K. P. Balaraj Resignation and appointment He resigned with effect from May 11, 2010 as the nominating company had sold their entire stake in the company. He was again appointed as an additional director with effect from the same date and finally he resigned on July 24, 2010. He attended all the four board meetings held during his tenure. Mr. T. V. Antony Appointment and Resignation He was appointed as an additional director with effect from May 11, 2010. He resigned from the directorship of the company with effect from August 24, 2010 on account of health reasons. He attended three board meetings out of the four meetings held during his tenure. COMMITTEES OF THE BOARD a. audit Committee As required under Section 292(A) of the Companies Act 1956, the company has constituted a qualified and independent Audit Committee under the chairmanship of an Independent director. The Committee also fulfils the guidelines issued by the Reserve Bank of India in this regard.

Audit Committee was reconstituted with effect from July 20, 2010 with an independent chairman and five members. All members of the Committee are financially literate and majority are independent. The Company Secretary acts as the Secretary of the Audit Committee. The terms of reference of the Committee shall be the same as mentioned in the Listing Agreement, and are given below:

Terms of reference: 1) Oversee the Company’s financial reporting process and the disclosure of its financial information to ensure that the financial statement is correct, sufficient and credible.

2) Recommending to the Board the appointment, reappointment, and if required, the replacement or removal of the statutory auditor and the fixation of audit fee.

3) Approval of payment to statutory auditors for any other services rendered by the statutory auditors.

4) Reviewing with management the annual financial statements before submission to the Board for approval with particular reference to:

a) Matters required to be included in the Directors Responsibility Statement to be included in the boards report in terms of clause 2AA of section 217 of the Companies Act 1956.

b) Changes if any in accounting policies and practices and reasons for the same. The Board Directors’ Report Management Discussion Report on Corporate 43 Board and Management Reports and Analysis Governance

c) Major accounting entries involving estimates based on the exercise of judgment by management.

d) Significant adjustment made in the financial statement arising out of audit findings.

e) Compliance with listing and other legal requirements relating to the financial statements.

f) Disclosure of any related party transactions.

g) Qualifications in the draft audit report.

5) Reviewing with the management the quarterly financial statements before submission to the board for approval.

6) Reviewing with the management performance of the statutory and internal auditors and adequacy of the internal control system.

7) Reviewing the adequacy of internal audit function if any including the structure of internal audit department, staffing and seniority of the official heading the department, reporting structure coverage and frequency of internal audit.

8) Discussion with internal auditors regarding any significant findings and follow-up thereon.

9) Reviewing the findings of any internal investigations by the internal auditors into matters where there is suspected fraud or irregularity or a failure of internal control systems of a material nature and reporting the matter to the board.

10) Discussion with statutory auditors before audit commences about the nature and scope of audit as well as post-audit discussions to ascertain any area of concern.

11) To look into the reasons for substantial defaults in the payments to the depositors, debenture-holders, shareholders (in case of non-payment of declared dividends) and creditors.

12) To review the function of whistle blower mechanism in case the same exists.

13) Carrying out any other function as mentioned in the terms of reference of audit committee.

Audit committee met four times during the financial year 2010-11 viz 10.05.2010, 19.07.2010, 14.10.2010 and 24.01.2011. The constitution, record of attendance of meetings, and other details about the Audit Committee of the Company are given below:

Name of the Member Position Status No. of meetings attended 1 Mr. M. Anandan Chairman Independent and Non Executive 4 2 Mr. P. Manomohanan Member Independent and Non Executive 4 3 Mr. A. R. Sankaranarayanan Member Independent and Non Executive 4 4 Mr. Shailesh J Mehta Member Independent and Non Executive 4 5 Mr. Gautam Saigal Member Nominee and Non Executive 3

Changes in Audit Committee during the year.

Name of Committee member Description of change Remarks Mr. Ashvin C Chadha Resignation from the Audit Committee. Mr. Ashvin C Chadha who was the nominee of M/s Hudson Equity Holdings, resigned from his nominating company and his membership in the Committee was also terminated on account of his resignation.

The Audit Committee regularly invites such executives as it considers appropriate including the head of Finance and the head of Internal Audit along with a representative of the statutory auditors to be present at the meetings of the Committee. Annual Report 2010-11 44

Report on Corporate Governance

b. nomination, Compensation & Corporate Governance Committee The Nomination, Compensation and Corporate Governance Committee of the company was constituted to oversee the compliance with the requirements of the Reserve Bank of India’s Circular No.DNBS/PD/CC 94/03.10.042/2006-07 dated May 08, 2007 to ensure that only capable professionals are appointed as directors. The Committee also meets the requirement of clause 49 of the Listing Agreement. The main role of the Committee is to determine on behalf of the Board and on behalf of the shareholders, the Company’s policies on specific remuneration packages for Executive Directors, including pension rights and any compensation payments.

The Committee is chaired by a Non-executive Director with other members as mentioned below:

1. Mr. A. R. Sanakaranarayanan Chairman [Non-Executive] 2. Mr. V. P. Nandakumar Member [Executive] 3. Mr. Shailesh J Mehta Member [Non Executive] 4. Mr. M. Anandan Member [Non Executive] 5. Mr. Jagdish C Capoor Member [Non Executive] 6. Mr. Gautam Saigal Member [Nominee]

Details of meetings held and resolutions passed by circulation by the Committee during the financial year 2010-11 are given in the following table:-

Dates of Meeting Item discussed Remarks Mr. T. V. Antony was appointed as an additional May 11, 2010 Appointment of Mr. T. V. Antony director of the company w.e.f May 11, 2010. Variation of the terms of appointment including Managerial remuneration remuneration of the executive directors of the Company. Mr. Jagdish Capoor was appointed as an July 19, 2010 Appointment of Mr. Jagdish Capoor additional director of the company w.e.f July 20, 2010. Allotment of 34,71000 shares under the ESOP September 28, 2010 Allotment of shares 2009 of the company (passed by circulation). Allotment of 2,84,120 shares under the ESOP March 19, 2011 Allotment of shares 2009 of the company (passed by circulation).

Details of Remuneration paid to Directors during the financial year 2010-11*.

Name of Director Sitting fees Salaries Commission Total and other allowances Board Committee Meeting Meetings 1 Mr. V. P. Nandakumar - - 18,000,000 12,000,000 30,000,000 2 Mr. I. Unnikrishnan - - 6,000,000 3,600,000 9,600,000 3 Mr. B. N. Raveendra Babu - - 4,800,000 3,000,000 7,800,000 4 Adv. V. R. Ramachandran 190,000 - - 400,000 590,000 5 Mr. A. R. Sankaranarayanan 190,000 70,000 - 400,000 660,000 6 Mr. P. Manomohanan 170,000 55,000 - 400,000 625,000 7 Dr. V. M. Manoharan 190,000 - - 400,000 590,000 8 Mr. M. Anandan 170,000 55,000 - 400,000 625,000 9 Mr. Shailesh J Mehta 95,000 70,000 - 400,000 565,000 10 Mr. Jagdish Capoor 80,000 - - 245,388 325,388 *Only those who are presently on the Board The Board Directors’ Report Management Discussion Report on Corporate 45 Board and Management Reports and Analysis Governance

Criteria for remunerating Non-Executive Directors. Decisions relating to the remuneration of Directors are taken by the Board of Directors of the Company subject to the approval by the shareholders. Independent/Non-Executive directors were paid sitting fees of ` 20,000 for Board meeting and ` 15,000 for Audit Committee meeting. Sitting fee paid for other Committees is ` 7,500. On the recommendation of the Nomination, Compensation and Corporate Governance Committee, the Board determines the amount to be paid as commission to executive and non executive directors (as per the approval given by the members at the annual general meeting held on August 17, 2009). The amount of commission payable is based on their contribution to the growth and development of the Company. c) shareholders’ Grievance Committee The Company has constituted a Shareholders’ Grievance Committee to monitor investor complaints/grievances pertaining to non-receipt of share certificate, dividend, Annual Report etc. The Committee shoulders the responsibility for expeditious settlement of investor complaints and grievances and reporting the same to the Board periodically.

The Constitution of the Shareholders Grievance Committee are given below:-

Adv. V. R. Ramachandran Chairman Mr. P. Manomohanan Member Dr. V. M. Manoharan Member Other relevant details are given below:- Name and designation of compliance officer Mr. C. Radhakrishnan. (Company Secretary)

All complaints of non receipt of dividend, share certificate etc received during the period were settled and there were no outstanding investor complaints as on this date. d) other Committees i) risk Management Committee The Company has constituted a Risk Management Committee to review, on an ongoing basis, the measures adopted by the Company for the identification, measurement, monitoring and mitigation of the risks involved in various areas of the Company’s functioning. The Committee is chaired by an independent director with three other directors as members.

The Committee deliberates on the various aspects of risk related to its business. Such risks may include appraisal risk, custodial risk, competition risk, price fluctuation risk etc in the case of gold loans. In relation to its vehicle loan segment, these would include sourcing risk, borrower risk, product risk, interest rate risk, market risk, asset liability management risk etc.

ii) Business Planning Development and Monitoring Committee The Committee was constituted to formulate and review business plans and to analyse the expenses incurred by the Company as a measure to control cost. The Committee is headed by the Chairman of the Company with participation by three other members. It deliberates on matters like formulation and review of business plans, budgeting, review of capital and revenue expenditure, business promotion activities and review of profitability. Annual Report 2010-11 46

Report on Corporate Governance

General Body Meetings

Details of the last three Annual General Meetings of the Company are given below:

Year Date Time and Place Details of special resolutions passed 2010 July 20 10.30 am 1. Appointment of Mr. B. N. Raveendra Babu as a Anugraha Auditorium, Valapad, Director and Joint Managing Director of the Company Thrissur 2. Variation of the terms of appointment of Executive Directors. 3. Appointment of Mr. K. P. Balaraj and Mr. T.V.Antony as Directors of the Company. 2009 August 17 10.30 am 1. Appointment of Mrs. Jyothy Prasannan to hold office Anugraha Auditorium, Valapad, or place of profit Thrissur 2. Variation in the terms of appointment of Mr. Sooraj Nandan, Vice President. 3. Variation in the terms of appointment and remuneration of Executive Chairman. 4. Revision in the remuneration of Managing Director of the company 5. Amending Articles of Association of the Company 6. Approval of ESOP 2009 of the company. 2008 September 25 10.30 am Anugraha Auditorium, 1. Accepting investment by FII more than 24% Valapad, Thrissur 2. Amending the capital clause of Memorandum and Articles of Association of the company 3. Preferential issue of convertible preference shares 4. Issue of warrants to promoters.

Details of Extra Ordinary General Meetings held during the period are given below: Year Date Time and Place Details of special resolutions passed 2010 April 22 10.30 am 1 To split the face value of equity shares from Anugraha Auditorium ` 10 to ` 2 each Valapad, Thrissur 2 To make a Bonus issue in the ratio 1:1 3. To amend the memorandum and articles of association of the company 4. To amend the ESOP 2009 of the company 2010 August 24 10.30 am Issue of 13210039 equity shares to the promoters Anugraha Auditorium on preferential basis. Valapad, Thrissur 2010 October 29 10.30 am Issue of equity shares to Qualified Institutional Anugraha Auditorium Buyers on preferential basis. Valapad, Thrissur During the period under review, the company had passed the following resolutions by postal ballot under the provisions of Companies (Passing of Resolutions by Postal Ballot) Rules 2001. 1. Ordinary Resolution under section 293 (1) (a) to sell, lease or otherwise dispose of the whole or substantially whole of the undertaking of the company. 2. To amend the objects clause of the Memorandum of Association of the Company. 3. To change the name of the company. The Board Directors’ Report Management Discussion Report on Corporate 47 Board and Management Reports and Analysis Governance

Disclosures There were no materially significant related party transactions having potential conflict with the interests of the Company at large. Transactions with related parties are disclosed in Schedule 18 (notes forming part of accounts ) in the Annual Report. The Company has complied with all the directives issued by stock exchanges and other statutory authorities. No penalties and strictures were imposed on the Company by any of the regulatory authorities, viz; the Stock Exchange, SEBI, Reserve Bank of India, Registrar of Companies, for non-compliance with any laws, guidelines and directives during the year. The company had changed its status from Category A- Deposit taking NBFC to Category B- Non Deposit taking NBFC with effect from March 22, 2011.

Means of Communication The Company publishes the un-audited / audited financial results on quarterly basis as required under clause 41 of the Listing Agreement. The financial results in the prescribed format are published in leading newspapers including Economic Times, Business Line, Business Standard, Malayala Manorama, Mathrubhumi etc. Other major announcements pertaining to Book Closure, Board Meetings etc. are also published as above. The Company has its web site at www.manappuram.com wherein all relevant details about the Company and its performance are given. The financial results of the Company are regularly posted on the web site.

Code of Conduct As required under Clause 49 of the Listing Agreement, the Company had framed a Code of Conduct for the directors and senior management personnel and the same was posted on the website of the Company. The company has also put in place a Code on Prevention of Insider Trading under the applicable Regulations. As required by clause 49 (1) (d) of Listing Agreement, it is hereby affirmed that all the Board members and senior management personnel have complied with Code of Conduct of the Company.

Fair Practices Code The company has framed a Fair Practices Code as per the guidelines issued by Reserve Bank of India in this regard. The code is posted on the web site of the company.

CEO/CFO Certification The requisite certification made by CEO/CFO as per the format given in Clause 49 of the listing agreement was placed before the Board held on April 28, 2011.

General Shareholder Information Annual General Meeting Date August 18, 2011 Time 10.30 am Place Anugraha Auditorium, Valapad PO-680 567 Thrissur District Financial Year 2010-2011 Date of Book closure August 12, 2011 to August 18, 2011 (both days inclusive) Dividend Payment Date From September 03, 2011 Listing on Stock Exchanges Mumbai, Chennai and Cochin. (Permitted security in National Stock Exchange) Stock Code 531213- ISIN INE 522 D 01027 Registrar and Share Transfer Agents M/s SKDC Consultants Limited KANAPATHY TOWERS 3rd Floor, 1391/A-1, SATHY ROAD Ganapathy PO, Coimbatore - 641 006 Ph 0422 6549995 Compliance Officer C.Radhakrishnan : Company Secretary Company Address Manappuram Finance Limited, V/104 Manappuram House, Valapad PO, Thrissur - 680 567 Kerala Phone: 0487- 2391306, 2399303. Fax 0487- 2399298 Email: [email protected] Website: www.manappuram.com Annual Report 2010-11 48

Share price movements of the Company [BSE] during each month of the financial year 2010-11 Month Open High Low Price Close Price No. of Shares No. of Trades Total Price Price Turnover (`)

Apr 10 750.95 839.90 700.00 801.70 49,41,445 22,900 3,699,790,293 May 10 82.40 85.00 68.00 69.20 24,71,525 13,241 190,187,330 Jun 10 69.80 75.90 66.50 72.25 22,37,165 10,060 157,849,628 Jul 10 73.90 97.80 69.45 97.05 50,53,352 25,626 420,613,598 Aug 10 99.00 126.90 98.00 116.40 1,12,15,095 67,740 1,313,908,406 Sep 10 117.05 150.00 116.65 145.75 99,04,903 55,496 1,386,189,746 Oct 10 153.90 166.35 130.15 147.75 93,03,469 74,320 1,402,091,029 Nov 10 149.95 189.90 135.25 139.60 76,71,904 73,704 1,288,239,958 Dec 10 140.00 168.45 110.00 149.65 54,58,815 61,091 796,080,116 Jan 11 151.00 154.80 112.50 115.90 41,33,008 49,893 549,572,434 Feb 11 116.90 134.35 87.75 123.40 1,19,30,792 84,647 1,362,648,149 Mar 11 124.50 133.45 111.45 132.40 34,15,594 29,808 416,213,098

Distribution of shareholding as on March 31, 2011

Share or Debenture holding of nominal value of Share/Debenture holders Share/Debenture amount ` Number % to Total % to Total % to Total Upto - 5,000 24753 91.28 14450026 1.73 5,001 - 10,000 711 2.62 5476582 0.66 10,001 - 20,000 794 2.93 13541546 1.63 20,001 - 30,000 194 0.72 4858374 0.58 30,001 - 40,000 210 0.77 7987528 0.96 40,001 - 50,000 64 0.24 2915170 0.35 50,001 - 1,00,000 167 0.62 12050928 1.45 1,00,001 and above 225 0.83 771899982 92.65 TOTAL 27118 100.00 833180136 100.00 The Board Directors’ Report Management Discussion Report on Corporate 49 Board and Management Reports and Analysis Governance

Dematerialisation of shares The Company is a member of the depository services of the National Security Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) for dematerialisation of its shares. Shareholders can get their shares dematerialised with either NSDL or CDSL. The (ISIN) allotted to the Company is: INE 522 D01027. Total shares dematerialised as on March 31, 2011 is 98.26%.

Payment of unpaid/ unclaimed dividend The Company has remitted all unclaimed and unpaid dividends up to the financial year 2002-03 to the Investor Education and Protection Fund of the Central Government. Dividends relating to the subsequent financial years would be transferred to the said account on the expiry of seven years after transfer of the same to the unpaid dividend account. Common Agency for Physical and Electronic Transfer Share transfers, dividend payment and all other investor related activities are attended to and processed at the office of the Registrars and Transfer Agent, as detailed above.

On behalf of the Board

V. P. Nandakumar Place: Valapad Sd/- Date: April 28, 2011 Executive Chairman Annual Report 2010-11 50

Ceo & Cfo Certification Under Clause 49(V) Of The Listing Agreement

(All amounts are in million of Indian rupees unless otherwise stated)

To The Board of Directors Manappuram General Finance and Leasing Limited

We, V. P. Nandakumar, Chairman, and Bindu A. L., Chief Financial Officer, of Manappuram General Finance and Leasing Limited, (“the Company”) hereby certify that:-

(a) We have reviewed financial statements and the cash flow statement of the company for the year ended March 31, 2011 and that to the best of our knowledge and belief:

(i) these statements do not contain any materially untrue statement or omit any material fact or contain statements that might be misleading;

(ii) these statements together present a true and fair view of the company’s affairs and are in compliance with existing accounting standards, applicable laws and regulations.

(b) There are, to the best of our knowledge and belief, no transactions entered into by the Company during the year which are fraudulent, illegal or violative of the Company’s code of conduct.

(c) We accept responsibility for establishing and maintaining internal controls for financial reporting and that we have evaluated the effectiveness of internal control systems of the company pertaining to financial reporting and we have disclosed to the auditors and the Audit Committee, deficiencies in the design or operation of such internal controls, if any, of which we are aware and the steps we have taken or propose to take to rectify these deficiencies.

(d) We have indicated to the auditors and the audit committee

(i) significant changes in internal control over financial reporting during the year;

(ii) significant changes in accounting policies during the year and that the same have been disclosed in the notes to the financial statements; and

(iii) instances of significant fraud of which we have become aware and the involvement therein, if any, of the management or an employee having a significant role in the company’s internal control system over financial reporting.

Place: Valapad V. P. Nandakumar Bindu A. L. Date: April 28, 2011 Executive Chairman Chief Financial Officer Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 51 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

Auditors’ Certificate

(All amounts are in million of Indian rupees unless otherwise stated)

To The Members Manappuram General Finance and Leasing Limited

We have examined the compliance of conditions of corporate governance by Manappuram General Finance and Leasing Limited, for the year ended on March 31, 2011, as stipulated in clause 49 of the Listing Agreement of the said Company with stock exchanges.

The compliance of conditions of corporate governance is the responsibility of the management. Our examination was limited to procedures and implementation thereof, adopted by the Company for ensuring the compliance of the conditions of the Corporate Governance. It is neither an audit nor an expression of opinion on the financial statements of the Company.

In our opinion and to the best of our information and according to the explanations given to us, we certify that the Company has complied with the conditions of Corporate Governance as stipulated in the above mentioned Listing Agreement.

We further state that such compliance is neither an assurance as to the future viability of the Company nor the efficiency or effectiveness with which the management has conducted the affairs of the Company.

For S.R. BATLIBOI & ASSOCIATES Firm registration number: 101049W Chartered Accountants

per S. Balasubrahmanyam Place: Chennai Partner Date: April 27, 2011 Membership No.: 053315 Annual Report 2010-11 52

Auditors’ Report

(All amounts are in million of Indian rupees unless otherwise stated)

To iv. In our opinion, the balance sheet, profit and loss account and cash flow statement dealt with by this The Members report comply with the accounting standards referred to Manappuram General Finance and Leasing Limited in sub-section (3C) of section 211 of the Companies Act, 1. We have audited the attached Balance Sheet of Manappuram 1956; General Finance and Leasing Limited (‘the Company’) as at v. on the basis of the written representations received March 31, 2011 and also the Profit and Loss account and the from the directors, as on March 31, 2011, and taken on cash flow statement for the year ended on that date annexed record by the Board of Directors, we report that none of thereto. These financial statements are the responsibility of the the directors is disqualified as on March 31, 2011 from Company’s management. Our responsibility is to express an being appointed as a director in terms of clause (g) of opinion on these financial statements based on our audit. sub-section (1) of section 274 of the Companies Act, 2. We conducted our audit in accordance with auditing 1956; standards generally accepted in India. Those Standards require vi. In our opinion and to the best of our information that we plan and perform the audit to obtain reasonable and according to the explanations given to us, the assurance about whether the financial statements are free said accounts give the information required by the of material misstatement. An audit includes examining, on a Companies Act, 1956, in the manner so required test basis, evidence supporting the amounts and disclosures and give a true and fair view in conformity with the in the financial statements. An audit also includes assessing accounting principles generally accepted in India; the accounting principles used and significant estimates made by management, as well as evaluating the overall financial a) in the case of the balance sheet, of the state of statement presentation. We believe that our audit provides a affairs of the Company as at March 31, 2011; reasonable basis for our opinion. b) in the case of the profit and loss account, of the 3. As required by the Companies (Auditor’s Report) Order, 2003 profit for the year ended on that date; and (as amended) issued by the Central Government of India in c) in the case of cash flow statement, of the cash terms of sub-section (4A) of Section 227 of the Companies flows for the year ended on that date. Act, 1956, we enclose in the Annexure a statement on the matters specified in paragraphs 4 and 5 of the said Order.

4. further to our comments in the Annexure referred to above,

we report that: For S. R. BATLIBOI & ASSOCIATES i. We have obtained all the information and explanations, Firm registration number: 101049W which to the best of our knowledge and belief were Chartered Accountants necessary for the purposes of our audit; per S. Balasubrahmanyam ii. In our opinion, proper books of account as required by Place: Chennai Partner law have been kept by the Company so far as appears Date: April 28, 2011 Membership No.: 053315 from our examination of those books;

iii. The balance sheet, profit and loss account and cash flow statement dealt with by this report are in agreement with the books of account; Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 53 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

Annexure referred to in paragraph 3 of our report of even date sale of services. The activities of the Company during the year did not involve any purchase and sale of goods. During the Re: Manappuram General Finance and Leasing Limited (‘the Company’) course of our audit, no major weakness has been noticed in (i) (a) The Company has maintained proper records showing the internal control system in respect of these areas. During full particulars, including quantitative details and the course of our audit, we have not observed any continuing situation of fixed assets. failure to correct major weakness in internal control system of the Company. (b) All fixed assets have not been physically verified by the management during the year but there is a regular (v) (a) According to the information and explanations provided by programme of verification which, in our opinion, is the management, we are of the opinion that the particulars reasonable having regard to the size of the Company of contracts or arrangements referred to in section 301 of and the nature of its assets. No material discrepancies the Act that need to be entered into the register maintained were noticed on such verification. under section 301 have been so entered.

(c) There was no disposal of a substantial part of fixed (b) In respect of transactions made in pursuance of such assets during the year. contracts or arrangements exceeding value of Rupees five lakhs entered into during the financial year, because (ii) The Company is a non banking finance company engaged of the unique and specialised nature of the items in the business of providing loans and does not maintain involved and absence of any comparable prices, we any inventory. Therefore, the provisions of clause 4(ii) of the are unable to comment whether the transactions were Companies (Auditor’s Report) Order, 2003 (as amended) are made at prevailing market prices at the relevant time. not applicable to the Company. (vi) In respect of deposits accepted, in our opinion and according (iii) (a) As informed, the Company has not granted any loans, to the information and explanations given to us, directives secured or unsecured to companies, firms or other issued by the Reserve Bank of India and the provisions of parties covered in the register maintained under section sections 58A, 58AA or any other relevant provisions of the 301 of the Companies Act, 1956 (‘the Act’). Therefore, Companies Act, 1956 and the rules framed thereunder, to the the provisions of clause 4(iii) (a) of the Companies extent applicable, have been complied with. We are informed (Auditor’s Report) Order, 2003 (as amended) is not by the management that no order has been passed by the applicable to the Company. Company Law Board, National Company Law Tribunal or (b) The provisions of clause 4(iii) (b) of the Companies Reserve Bank of India or any Court or any other Tribunal. (Auditor’s Report) Order, 2003 (as amended) is not (vii) In our opinion, the Company has an internal audit system applicable to the Company. commensurate with the size and nature of its business. (c) The provisions of clause 4(iii) (c) of the Companies (viii) To the best of our knowledge and as explained, the Central (Auditor’s Report) Order, 2003 (as amended) is not Government has not prescribed maintenance of cost records applicable to the Company. under clause (d) of sub-section (1) of section 209 of the (d) The provisions of clause 4(iii) (d) of the Companies Companies Act, 1956 for the products of the Company. (Auditor’s Report) Order, 2003 (as amended) is not (ix) (a) The Company is regular in depositing with appropriate applicable to the Company. authorities undisputed statutory dues including (e) The Company had taken loan from a Company covered provident fund, employees’ state insurance, investor in the register maintained under section 301 of the education and protection fund, income-tax, sales-tax, Companies Act, 1956. The maximum amount involved service tax, cess and other material statutory dues during the year was ` 3.56 million and the year-end applicable to it. Dues in respect of wealth-tax, customs balance of loan taken from such party was ` 1.64 million duty and excise duty are not applicable to the Company.

(f) In our opinion and according to the information and further, since the Central Government has till date not explanations given to us, the rate of interest and other prescribed the amount of cess payable under section terms and conditions for such loans are not prima facie 441 A of the Companies Act, 1956, we are not in a prejudicial to the interest of the Company. position to comment upon the regularity or otherwise of the Company in depositing the same. (g) In respect of loans taken, repayment of the principal amount was as stipulated and payment of interest was (b) According to the information and explanations given regular. to us, no undisputed amounts payable in respect of provident fund, employees’ state insurance, investor (iv) In our opinion and according to the information and education and protection fund, income-tax, service tax, explanations given to us, there is an adequate internal control sales-tax and other material undisputed statutory dues system commensurate with the size of the Company and the were outstanding, at the year end, for a period of more nature of its business, for the purchase of fixed assets and than six months from the date they became payable. Annual Report 2010-11 54

Auditors’ Report (Contd.)

(All amounts are in million of Indian rupees unless otherwise stated)

(c) According to the records of the Company, there are no dues outstanding of sales-tax on account of any dispute. The dues outstanding of income tax and service tax on account of a dispute are as follows: (Amount in million) Name of the Statute Nature of dues Period of dispute Amount Forum where it is pending Income Tax Act 1961 Income tax 2005-2006 0.35 Income tax appellate tribunal Finance Act, 1944 Service tax 2001-2008 5.00 (including penalty of 2.5) Commissioner of Service tax (Appeals)

(x) The Company has no accumulated losses at the end of has created security or charge in respect of debentures the financial year and it has not incurred cash losses in the issued other than on debentures aggregating ` 1,188 million current and immediately preceding financial year. which had been issued recently. We are informed by the management that the Company is taking steps to create (xi) Based on our audit procedures and as per the information security for the debentures issued. and explanations given by the management, we are of the opinion that the Company has not defaulted in repayment of (xx) The Company has not raised any money by public issues dues to banks, financial institutions or debenture holders. and accordingly, provisions of clause 4(xx) of the Companies (Auditor’s Report) Order, 2003 (as amended) are not applicable (xii) Based on our examination of documents and records, to the Company. The Company has made private placement we are of the opinion that the Company has maintained of its equity shares to certain Qualified Institutional Buyers adequate records where the Company has granted loans and (“QIB”) which in our opinion and based on information and advances on the basis of security by way of pledge of shares, explanations given by management does not constitute a debentures and other securities. public issue. (xiii) In our opinion, the Company is not a chit fund or a nidhi / (xxi) As more fully discussed in Note 17 of Schedule 18 to the mutual benefit fund / society. Therefore, the provisions of financial statements and as informed by the management, clause 4(xiii) of the Companies (Auditor’s Report) Order, 2003 we report that, during the year there have been certain (as amended) are not applicable to the Company. instances of fraud on the Company by employees where (xiv) In our opinion, the Company is not dealing in or trading gold loan related misappropriations / cash embezzlements in shares, securities, debentures and other investments. have occurred for amounts aggregating ` 24.87 million. The Accordingly, the provisions of clause 4(xiv) of the Companies Company has fully provided for these amounts in the financial (Auditor’s Report) Order, 2003 (as amended) are not applicable statements and is in the process of recovering these amounts to the Company. from the employees and taking appropriate legal actions.

(xv) According to the information and explanations given to us, Based upon the audit procedures performed for the purpose the Company has not given any guarantee for loans taken by of reporting the true and fair view of the financial statements others from bank or financial institutions. and as per the information and explanations given by the (xvi) The Company did not have any term loans outstanding during management, we report that there are no other instance the year. of fraud on or by the Company that have been noticed or reported during the course of our audit, other than those (xvii) According to the information and explanations given to us described above. and on an overall examination of the balance sheet of the Company, we report that no funds raised on short-term basis have been used for long-term investment.

(xviii) The Company has made preferential allotment of shares to For S. R. BATLIBOI & ASSOCIATES parties and companies covered in the register maintained Firm registration number: 101049W under section 301 of the Act. In our opinion, the prices at Chartered Accountants which the shares have been allotted are not prejudicial to the

interest of the Company. per S. Balasubrahmanyam (xix) According to the information and explanations given to us, Place: Chennai Partner during the period covered by our audit report, the Company Date: April 28, 2011 Membership No.: 053315 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 55 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

To a Loan Company as defined in Non-Banking Financial Companies Acceptance of Public Deposits (Reserve The Board of Directors of Bank) Directions, 1998 with reference to the business Manappuram Finance Limited (formerly Manappuram General carried on by it during the financial year ended March Finance and Leasing Limited) 31, 2011; 1. We audited the attached Balance Sheet of Manappuram d. The Board of Directors has passed a resolution on Finance Limited (formerly Manappuram General Finance and February 25, 2011 for non-acceptance of any public Leasing Limited) (‘the Company’) as at March 31, 2011 and deposits; also the Profit and Loss Account and the Cash Flow Statement for the year ended on that date annexed thereto and issued e. The Company has not accepted any public deposits our audit opinion dated April 28, 2011 thereon. These financial during the year ended March 31, 2011; statements are the responsibility of the Company’s management. f. The Company has complied with the prudential norms Our responsibility was to express an opinion on these financial relating to income recognition, accounting standards, statements based on our audit. Our audit was conducted in the asset classification and provisioning for bad and manner specified in paragraph 2 of the audit report. doubtful debts as applicable to it in terms of 2. As required by the Non-Banking Financial Companies Auditor’s Non-Banking Financial (Non-Deposit Accepting or Report (Reserve Bank) Directions, 2008, issued by the Reserve Holding) Companies Prudential Norms (Reserve Bank) Bank of India (‘the RBI’) and amended from time to time Directions, 2007 during the year ended March 31, 2011; (‘the Directions’), based on our audit referred to in paragraph g. The capital adequacy ratio as disclosed in the return 1 above and based on the information and explanations submitted to the RBI in the Form NBS-7 for the year given to us which to the best of our knowledge and belief ended March 31, 2011, has been correctly arrived at and were necessary for this purpose, we report hereunder on the such ratio is in compliance with the minimum Capital to matters specified in paragraphs 3 and 4 of the Directions: Risk Assets Ratio prescribed by the RBI; a. The Company is engaged in the business of a Non- h. The Company has furnished to the RBI the annual Banking Financial Institution (‘NBFI’) as defined in statement of capital funds, risk assets/exposures and section 45-I(a) of the Reserve Bank of India Act, 1934 risk asset ratio (Form NBS-7) within the stipulated (‘the Act’) during the year ended March 31, 2011. The period. The Company furnished Form NBS-7 for the year Company was registered with the RBI as an NBFI ended March 31, 2011 to the RBI on June 30, 2011. accepting public deposits vide Certificate of Registration (‘CoR’) number 16.00029 dated May 25, 1998 from 3. We have no responsibility to update this report for events the RBI. However, with effect from March 22, 2011, and circumstances occurring after the date of our audit the Company has been registered with RBI as an NBFI opinion mentioned in paragraph 1. without accepting public deposits vide CoR number 4. This report is issued solely for reporting on the matters B-16.00029. specified in paragraphs 3 and 4 of the Directions, to the Board b. Based on the asset/income pattern as on March 31, of Directors and is not to be used or distributed for any other 2011 determined by the Management in accordance purpose. with the audited financial statements for the year ended as on that date, and with reference to paragraph 15 of the Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) For S.R. BATLIBOI & ASSOCIATES Directons, 2007, the Company is entitled to continue to Firm registration number: 101049W hold such CoR. Chartered Accountants

c. Based on the criteria set forth by the RBI in Company per S. Balasubrahmanyam Circular No. DNBS.PD. CC No. 85 / 03.02.089 /2006- 07 dated December 6, 2006 for classification of Place: Chennai Partner NBFCs, the Company has been correctly classified as Date: June 30, 2011 Membership No.: 053315 Annual Report 2010-11 56

Balance Sheet as at March 31, 2011 (All amounts are in million of Indian rupees unless otherwise stated)

As at As at Schedule March 31, 2011 March 31, 2010 Sources of Funds Shareholders’ funds Share capital 1 833.75 340.39 Reserves and surplus 2 18,405.82 5,765.21 Loan funds Secured loans 3 43,723.07 16,500.50 Unsecured loans 4 12,817.03 1,856.12 75,779.67 24,462.22 Application Of Funds Fixed assets 5 Gross block 1,651.82 669.80 Less : Accumulated depreciation / amortisation 332.80 135.63 Net block 1,319.02 534.17 Capital work in progress including advances 68.64 1.23 Intangible assets (net) 5 59.84 33.55 Investments 6 403.20 1,406.70 Deferred tax asset (net) 7 87.07 33.35 Current assets, loans and advances Cash and bank balances 8 6,663.69 2,682.08 Other current assets 9 4,947.51 1,878.88 Loans and advances 10 64,141.68 18,907.13 75,752.88 23,468.09 Less : Current liabilities and provisions Current liabilities 11 1,126.34 810.28 Provisions 12 784.64 204.59 1,910.98 1,014.87 Net current assets 73,841.90 22,453.22 75,779.67 24,462.22 Notes to accounts 18 The schedules referred to above and the notes to accounts form an integral part of the Balance Sheet

As per our report of even date For S. R. BATLIBOI & ASSOCIATES For and on behalf of the Board of Directors Firm Registration Number: 101049W Chartered Accountants

per S. Balasubrahmanyam V. P. Nandakumar I. Unnikrishnan B. N. Raveendra Babu Partner Executive Chairman Managing Director Joint Managing Director Membership No.: 053315

Place: Chennai M. Anandan A. L.. Bindu C. Radhakrishnan Date: April 28, 2011 Director Chief Financial Officer Company Secretary Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 57 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

Profit and Loss Account for the year ended March 31, 2011 (All amounts are in million of Indian rupees unless otherwise stated)

Year ended Year ended Schedule March 31, 2011 March 31, 2010 Income Income from services 13 11,654.20 4,699.77 Other income 14 161.06 82.24 11,815.26 4,782.01 Expenditure Personnel expenses 15 1,605.00 536.40 Operating and other expenses 16 2,438.71 1,000.75 Depreciation / amortisation 5 212.96 57.37 Financial expenses 17 3,319.63 1,369.23 7,576.30 2,963.75 Profit before tax 4,238.96 1,818.26 Less: Provision for tax - Current tax 1,466.04 640.11 - Deferred tax (53.72) (19.07) Profit after tax 2,826.64 1,197.22 Balance brought forward from previous year (Also refer Schedule 2) 917.11 188.73 Amounts adjusted on amalgamation of MAFIT - Profit after tax and appropriation for the financial year 2008-09 - 88.12 Profit available for appropriation 3,743.75 1,474.07 Appropriations: - Transfer to Statutory Reserve 565.33 239.45 - Transfer to General Reserve 282.67 119.72 - Transfer to Capital Redemption Reserve - 17.15 - Proposed Dividend on Equity Shares 500.25 165.89 - Tax on distributed profit 81.14 27.21 Net profit carried forward to balance sheet 2,314.36 904.65 Earnings per share information (Refer note 18.6) Earnings per share - Weighted average number of equity shares - Basic 37,13,80,825 29,26,48,250 - Diluted 37,64,92,274 29,44,78,720 - Basic earnings per share (in `) 7.61 4.09 - Diluted earnings per share (in `) 7.51 4.07 Nominal value of equity shares ` 2/- ` 2/- Notes to accounts 18 The schedules referred to above and the notes to accounts form an integral part of the Profit and Loss Account

As per our report of even date For S. R. BATLIBOI & ASSOCIATES For and on behalf of the Board of Directors Firm Registration Number: 101049W Chartered Accountants

per S. Balasubrahmanyam V. P. Nandakumar I. Unnikrishnan B. N. Raveendra Babu Partner Executive Chairman Managing Director Joint Managing Director Membership No.: 053315

Place: Chennai M. Anandan A. L.. Bindu C. Radhakrishnan Date: April 28, 2011 Director Chief Financial Officer Company Secretary Annual Report 2010-11 58

Schedules to Accounts

(All amounts are in million of Indian rupees unless otherwise stated)

As at As at March 31, 2011 March 31, 2010 Schedule 1 Share capital Authorised 530,000,000 equity shares of ` 2/- each (Previous year - 106,000,000 equity shares of ` 10/- each) 1,060.00 1,060.00 400,000 (Previous year - 400,000) redeemable preference shares of ` 100/- each 40.00 40.00 Issued, subscribed and paid-up 416,874,188 equity shares of ` 2/- each (Previous year - 34,038,522 equity shares of 833.75 340.39 ` 10/- each) fully paid up* 833.75 340.39 (i) 27,500,000 equity shares of ` 2/- each (2010 - 5,500,000 equity shares of ` 10/- each) are allotted as fully paid up bonus shares by capitalisation of General Reserve - ` 40 (Previous year - ` 40) and Securities Premium - ` 15 (Previous year - ` 15) in earlier years.

(ii) 170,192,610 (2010 - Nil) equity shares of ` 2/- each are allotted as fully paid up bonus shares by capitalisation of Capital redemption reserve - ` 40 (Previous year - Nil) and Securities Premium Account - ` 300.39 (Previous year - Nil) in the current year. Also, refer Note 18.3

As at As at March 31, 2011 March 31, 2010 Schedule 2 Reserves and surplus Capital redemption reserve Opening balance 40.00 22.85 Add: Transferred from Profit and loss account 17.15 Less: Capitalised for bonus issue (40.00) - - 40.00 Securities premium account Opening balance 3,988.96 877.30 Add: Securities premium on merger of MAFIT as at April 1, 2008 - 4.22 Add: Securities premium of MAFIT from April 1, 2008 to March 31, 2009 (net of share issues - 527.51 expenses) Add: Securities premium on issue of shares 10,971.39 2,656.12 Less: Capitalised for bonus issue (300.39) - Less: Share issues expenses adjusted against securities premium (235.64) (76.19) 14,424.32 3,988.96 Statutory reserve Opening balance 450.75 152.90 Add: Statutory Reserve on merger of MAFIT as at April 1, 2008 - 23.60 Add: Statutory Reserve of MAFIT from April 1, 2008 to March 31, 2009 - 34.80 Add: Transferred from Profit and loss account 565.33 239.45 1,016.08 450.75 General reserve Opening balance 368.39 194.39 Add: General Reserve on merger of MAFIT - as at April 1, 2008 - 80.65 Add: General Reserve of MAFIT from April 1, 2008 to March 31, 2009 - 34.80 Less: Adjustment to General Reserve on merger with MAFIT - (61.17) Add: Transferred from Profit and loss account 282.67 119.72 651.06 368.39 Profit & loss account 2,314.36 904.65 Add: Profit & loss account on merger of MAFIT as at March 31, 2008 - 12.46 2,314.36 917.11 18,405.82 5,765.21 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 59 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

As at As at March 31, 2011 March 31, 2010 Schedule 3 Secured loans 1,328,535 (Previous year - 2,619,833) 7.5% - 13% (Previous year 9% - 14.5%) Secured 5,012.85 2,619.84 Non-convertible Debentures of ` 1,000/- ` 1,000,000/- each redeemable at par at the end of the term of each series of debentures ranging between 1-5 years* Add: Interest accrued and due thereon 2.68 19.52 5,015.53 2,639.36 From banks - Cash credit / overdraft* 7,488.19 257.93 - Working Capital loans* 30,558.41 13,400.66 From Others - Working Capital loans* 650.00 200.00 Vehicle loans 10.94 2.55 (Secured by hypothecation of vehicles) 43,723.07 16,500.50 * Refer note 18.13

As at As at March 31, 2011 March 31, 2010 Schedule 4 Unsecured loans Deposits (Due within one year - ` Nil (Previous year - ` 6.90)) - 18.54 Debenture application money 20.00 2.49 Inter-Corporate deposits (Due within one year - ` 1.64 (Previous year - ` 2.84)) 1.64 2.84 Commercial paper (Due within one year - ` 10,007.87 (Previous year - ` 650.73)) 10,007.87 650.73 Subordinate bond (Due within one year - ` 63.06 (Previous year - Nil)) 1,778.76 1,165.14 Subordinate debt (Due within one year - Nil (Previous year - ` Nil)) 1,000.00 - Interest accrued and Due 8.76 16.38 12,817.03 1,856.12 Annual Report 2010-11 60

Schedules to Accounts (Contd.)

(All amounts are in million of Indian rupees unless otherwise stated) 7.03 7.03 0.88 14.70 14.70 31.32 31.32 33.55 46.59 327.51 327.51 33.55 106.14 106.14 534.17 534.17 As at As March 31, 2010 31, March 2.34 5.65). ` 19.01 19.01 31.32 31.32 80.21 80.21 59.84 K NET BLOC 33.55 59.84 132.79 132.79 853.33 200.02 534.17 534.17 1,319.02 As at March 31, 2011 31, March - - 0.93 3.42 0.04 40.17 40.17 20.99 12.48 12.48 20.99 16.81 (Previous Year Year (Previous 16.81 ` 125.61 125.61 162.63 162.63 135.63 135.63 332.80 As at March 31, 2011 31, March ------6.10 6.10 0.19 0.19 0.01 0.01 0.70 0.70 0.28 7.28 7.28 3.85 0.50) and Net block block Net and 0.50) ` Deductions - - 8.51 8.51 0.51 0.51 1.60 1.60 0.03 8.51 8.51 6.45 26.75 26.75 69.51 67.63 67.63 106.05 106.05 204.45 Additions DEPRECIATION/ AMORTISATION AMORTISATION DEPRECIATION/ 1.18 (Previous Year Year (Previous 1.18 ` - - 0.42 2.52 0.02 6.03 13.61 13.61 12.48 12.48 62.68 56.38 71.85 71.85 12.48 12.48 135.63 135.63 As at As April 1, 2010 April 1, 2.38 81.14 81.14 31.32 31.32 80.83 22.43 46.03 80.83 172.96 172.96 978.94 978.94 362.65 669.80 1,651.82 As at 6.62); Depreciation for the year year the for Depreciation 6.62); ` March 31, 2011 2011 31, March ------1.46 1.46 0.26 0.29 9.50 0.68 8.94 12.19 12.19 Deductions 18.39 (Previous year year (Previous 18.39 ` - - K BLOC GROSS 2.16 2.16 14.34 14.34 34.80 66.02 16.08 16.08 34.80 113.02 113.02 203.33 595.34 994.21 994.21 353.04 Additions 9.55 0.90 15.12 15.12 31.32 31.32 46.03 60.20 46.03 29.95 168.82 168.82 383.89 325.70 325.70 669.80 As at April 1, 2010 2010 1, April angible assets reehold Land* reehold urniture and F ittings urniture Sche d u l e 5 assets Fixed T F assets I ntangible Softwares Total Building DESCRIPTION Figures for the previous year for the previous Figures O ffice equipment Computer equipment F Vehicle** Plant & Machinery Total Figures for the previous year for the previous Figures (All amounts are in million of Indian rupees unless otherwise stated) (All amounts are * The Company is in the process of registering the title of the land acquired in an earlier year for ` 0.7 its name. the title of land acquired of registering * The Company is in the process block Gross purchase- lease/hire finance on taken vehicles Includes ** Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 61 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

As at As at March 31, 2011 March 31, 2010 Schedule 6 Investments Long Term Investments (Quoted, at cost) A. Other than trade 32,000 (Previous year - 62,000) units of ` 100 each in 7.38% Govt. of India Bond 3.15 6.15 100 (Previous year - 100) equity share of ` 10 each fully paid in The Dhanalakshmi Bank Limited 0.01 0.01 300 (Previous year - 300) equity share of ` 10 each fully paid in Vijaya Bank Limited 0.01 0.01 (Unquoted, at cost) A. Other than trade 1,000 (Previous year - 1,000) equity share of ` 10 each fully paid in The Catholic Syrian 0.03 0.03 Bank Limited Current investments - (Unquoted, at lower of cost and market value) Nil units (previous year - 1,629) of ` 20.46/- each in Sundaram Mutual Fund - 0.03 40,000,000 (previous year - Nil) of ` 10 each in State Bank of India - Debt Fund Series - 400.00 - 370 Days - 7- Growth Nil units (previous year - 279,730) of ` 1,001.29/- each in Reliance Money Manager Fund - - 280.09 Institutional Option - Daily Dividend Nil units (previous year - 13,978,308) of ` 10.0179/- each in DWS Ultra Short Term Fund - - 140.03 Institutional Daily Dividend - Reinvest Nil units (previous year - 98,035,440) of ` 10/- each in LICMF - Floating Rate Fund - Short - 980.35 term plan - Daily Dividend Plan 403.20 1,406.70 Aggregate amount of quoted investments 3.17 6.17 Market value of quoted investments 3.37 6.37 Aggregate amount of unquoted investments 400.03 1,400.54 Refer Note 10 of Schedule 18 for details of investments purchased and sold during the year.

As at As at March 31, 2011 March 31, 2010 Schedule 7 Deferred tax (liability) / asset (net) Deferred Tax Liability Differences in depreciation and other differences in block of fixed assets as per tax books (34.39) (34.76) and financial books Deferred tax asset Effect of expenditure debited to profit and loss account in the current year but allowed for 15.71 4.29 tax purposes in following years Provision for loans and advances 105.75 63.82 Net Deferred tax asset / (liability) 87.07 33.35 Annual Report 2010-11 62

Schedules to Accounts (Contd.)

(All amounts are in million of Indian rupees unless otherwise stated)

As at As at March 31, 2011 March 31, 2010 Schedule 8 Cash and bank balances Cash on hand 1,188.01 644.98 Balances with scheduled banks - on current accounts* 2,480.92 841.12 - on deposit accounts** 2,992.30 1,193.85 - on unpaid dividend accounts 2.46 2.13 6,663.69 2,682.08

* Includes amouts in Escrow account towards closed public deposits ` 11.44 (previous year: Nil) ** Deposit accounts includes collateral deposit towards gold loans assigned and other facilities (Refer Note 12 to Schedule 18)

As at As at March 31, 2011 March 31, 2010 Schedule 9 Other current assets Interest accrued 4,658.43 1,827.89 Stock of gold coins / auction gold 287.17 48.53 Others 1.91 2.46 4,947.51 1,878.88

As at As at March 31, 2011 March 31, 2010 Schedule 10 Loans & advances Secured, considered good Loans: - Gold 63,574.42 18,456.23 - Hypothecation 18.79 172.38 - Stock on hire 0.29 8.24 - Others 77.11 57.52 Unsecured, considered good Advances recoverable in cash or kind or for value to be received 123.88 62.15 Deposits 347.19 150.61 64,141.68 18,907.13 Secured, considered doubtful Loans: - Gold 130.99 56.03 - Hypothecation 26.69 114.40 - Stock on Hire 1.31 14.15 - Others 5.98 5.73 Unsecured, considered doubtful - - Advances recoverable in cash or kind or for value to be received 2.49 1.81 167.46 192.12 Less: Provision for doubtful loans and advances 167.46 192.12 64,141.68 18,907.13 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 63 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

As at As at March 31, 2011 March 31, 2010 Schedule 11 Current liabilities Sundry creditors for expenses* 275.56 148.81 Book overdraft 5.09 6.68 Interest accrued but not due on loans 270.91 169.11 Unmatured finance charges 197.90 339.17 Sundry deposits 10.95 20.08 Investor Education and Protection Fund shall be credited by following amounts (as and when due) a) Unpaid dividends 2.46 2.13 b) Unpaid matured deposits 2.14 4.58 c) Unmatured deposits 9.30 - Other liabilities 352.03 119.72 1,126.34 810.28

* There are no dues outstanding to any enterprises covered under Micro, Small and Medium Enterprises Development Act, 2006, based on the information available with the Company during the year and as at March 31, 2011 and March 31, 2010.

As at As at March 31, 2011 March 31, 2010 Schedule 12 Provisions Provisions for taxation (net of advance tax and tax deducted at source) 29.96 6.13 Provision for standard assets 158.47 - Provision for gratuity 14.82 - Proposed final dividend 500.25 170.19 Tax on proposed dividend 81.14 28.27 784.64 204.59 Annual Report 2010-11 64

Schedules to Accounts (Contd.)

(All amounts are in million of Indian rupees unless otherwise stated)

Year ended Year ended March 31, 2011 March 31, 2010 Schedule 13 Income from services Interest and other income from - Gold and other loans 11,533.49 4,575.15 - Business loans 0.99 2.24 - Personal loans 0.62 4.36 - Hypothecation and hire purchase loans 93.70 90.86 - Others 5.32 2.49 Income from fee based activities* - Money transfer 19.21 21.26 - Others 0.87 3.41 11,654.20 4,699.77

Year ended Year ended March 31, 2011 March 31, 2010 Schedule 14 Other Income Interest (gross)* 124.67 66.26 Foreign exchange gain (net) 0.02 (0.01) Bad debts recovered 8.64 3.55 Others 27.73 12.44 161.06 82.24 * Tax deducted at source ` 24.93 (Previous year ` 9.89 )

Year ended Year ended March 31, 2011 March 31, 2010 Schedule 15 Personnel expenses Salaries, wages and bonus 1,419.26 492.87 Contribution to provident and other funds 180.71 41.37 Staff welfare expenses 5.03 2.16 1,605.00 536.40 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 65 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

As at As at March 31, 2011 March 31, 2010 Schedule 16 Operating & Other Expenses Rent 328.40 133.27 Electricity 38.16 18.29 Insurance 23.75 4.64 Travel and conveyance 83.90 53.79 Communication expenses 44.23 14.74 Advertisement 1,038.51 482.81 Directors sitting fees 1.51 0.92 Repairs and maintenance - Vehicles 1.78 1.56 - Others 62.79 17.64 Legal and professional fees 95.19 24.42 Security charges 204.16 54.90 Rates and taxes 40.47 9.96 Printing and stationery 41.51 17.65 Loss on sale of assets 2.28 4.34 Bad debts 248.94 53.42 Provision for standard assets 158.47 - Provision for loans and advances, net of bad debts written off (24.66) 88.58 Miscellaneous expenses 49.32 19.82 2,438.71 1,000.75

As at As at March 31, 2011 March 31, 2010 Schedule 17 Financial expenses Interest - on Debentures 299.67 288.69 - on Deposits 1.37 3.84 - on Bank Borrowings 2,210.30 795.99 - on other borrowings 34.30 16.94 - on Subordinate Bonds 233.15 134.78 - on Commercial Papers 369.88 57.47 - Others 7.92 6.83 Bank and other charges 163.04 64.69 3,319.63 1,369.23 Annual Report 2010-11 66

ScheduLe 18 : Notes to Accounts

(All amounts are in million of Indian rupees unless otherwise stated)

18. 1 Statement of significant accounting policies e) impairment i) The carrying amounts of assets are reviewed at a) Basis of preparation each balance sheet date if there is any indication The financial statements have been prepared to comply of impairment based on internal / external factors. in all material respects with the Notified accounting An impairment loss is recognised wherever standard by Companies Accounting Standards Rules, the carrying amount of an asset exceeds its 2006, (as amended) the relevant provisions of the recoverable amount. The recoverable amount is the Companies Act, 1956 and the guidelines issued by the greater of the assets net selling price and value in Reserve Bank of India as applicable to a non deposit use. In assessing value in use, the estimated future accepting NBFC. The financial statements have been cash flows are discounted to their present value prepared under the historical cost convention and on an using a pre-tax discount rate that reflects current accrual basis except for interest and discounts on non market assessments of the time value of money performing assets which are recognised on realisation and risks specific to the asset. basis. The accounting policies have been consistently applied by the Company and are consistent with those ii) After impairment, depreciation is provided on the used in the previous year. revised carrying amount of the assets over its remaining useful life. b) use of estimates The preparation of financial statements in conformity f) Leases with generally accepted accounting principles requires finance leases, which effectively transfer to the management to make estimates and assumptions that Company substantially all the risks and benefits affect the reported amounts of assets and liabilities and incidental to ownership of the leased item, are disclosure of contingent liabilities at the date of the capitalised at the lower of the fair value and present financial statements and the results of operations during value of the minimum lease payments at the inception the reporting period end. Although these estimates are of the lease term and disclosed as leased assets. Lease based upon management’s best knowledge of current payments are apportioned between the finance charges events and actions, actual results could differ from these and reduction of the lease liability based on the implicit estimates. rate of return. Finance charges are charged directly against income. Lease management fees, legal charges c) Fixed assets and other initial direct costs are capitalised. fixed assets are stated at cost, less accumulated depreciation and impairment losses if any. Cost If there is no reasonable certainty that the Company comprises the purchase price and any cost attributable will obtain the ownership by the end of the lease term, to bringing the asset to its working condition for its capitalised leased assets are depreciated over the intended use. shorter of the estimated useful life of the asset or the lease term. d) Depreciation Depreciation is provided using the straight line Leases where the lessor effectively retains substantially method at the rates prescribed under schedule XIV all the risks and benefits of ownership of the leased of the Companies Act, 1956, which is management’s term, are classified as operating leases. Operating lease estimate of the useful lives of the assets except as payments are recognised as an expense in the Profit and follows: Loss account on a straight-line basis over the lease term. Nature of asset Rate of depreciation followed g) investments Computer equipment 33.33% The Board of directors has spelt out the criteria During the current year, the Company has changed its to classify investments into current and long term estimated useful life of computer equipments from investments in the investment policy. Investments that 6 years to 3 years. This change in estimated useful life has resulted in provision of additional depreciation are readily realisable and intended to be held for not by ` 57.09 million and the profit before tax of the more than a year are classified as current investments. Company is lower by the corresponding number. All other investments are classified as long-term Computer software cost capitalised is amortised over investments. Any inter class transfer should be with the the estimated useful life of 6 years. approval of the board and as per RBI regulation. Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 67 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

Current investments are carried at lower of cost and fair j) Foreign currency transactions value determined on an individual investment basis. (i) Initial Recognition Quoted current investments for each category is valued foreign currency transactions are recorded in at cost or market value whichever is lower. Unquoted the reporting currency, by applying to the foreign equity shares in the nature of current investments is currency amount the exchange rate between the valued at cost or break-up value, whichever is lower. reporting currency and the foreign currency at the Long-term investments are carried at cost. However, date of the transaction. provision for diminution in value is made to recognise (ii) Conversion a decline other than temporary in the value of the foreign currency monetary items are reported investments. using the closing rate. Non-monetary items which h) revenues are carried in terms of historical cost denominated Revenue is recognised to the extent that it is probable in a foreign currency are reported using the that the economic benefits will flow to the Company exchange rate at the date of the transaction and and the revenue can be reliably measured. non-monetary items which are carried at fair Interest income on loans given is recognised under the value or other similar valuation denominated in a internal rate of return method. Such interests, where foreign currency are reported using the exchange instalments are overdue in respect of non performing rates that existed when the values were assets are recognised on realisation basis. Any such determined. income recognised and remaining unrealised after the installments become overdue with respect to non (iii) Exchange Differences performing assets is reversed. exchange differences arising on the settlement of monetary items or on reporting company’s Revenues from fee-based activities are recognised as monetary items at rates different from those at and when services are rendered. which they were initially recorded during the year, Interest on deposits is recognised on a time proportion or reported in previous financial statements, are basis taking into account the amount outstanding and recognised as income or as expenses in the year the rate applicable. in which they arise. Gains arising on direct assignment of assets is recognised k) income Tax over the tenure of agreements as per guideline on Tax expense comprises current and deferred tax. Current securitisation of standard assets issued by the Reserve income tax is measured at the amount expected to Bank of India, losses, if any are recognised upfront. be paid to the tax authorities in accordance with the i) employee benefits Indian Income Tax Act. Deferred income taxes reflects i. Retirement benefits in the form of Provident the impact of current year timing differences between Fund are defined contribution scheme and the taxable income and accounting income for the year and contributions are charged to the Profit and Loss reversal of timing differences of earlier years. Deferred Account of the year when the contributions to the tax is measured based on the tax rates and the tax fund maintained by the Central Government is laws enacted or substantively enacted at the balance due. There are no other obligations other than the sheet date. Deferred tax assets are recognised only contribution payable to the respective trusts. to the extent that there is reasonable certainty that ii. Gratuity liability under the Payment of Gratuity Act sufficient future taxable income will be available against which is a defined benefit scheme is accrued and which such deferred tax assets can be realised. provided for on the basis of an actuarial valuation At each balance sheet date the Company re-assesses on projected unit credit method made at the end unrecognised deferred tax assets. It recognises of each financial year. unrecognised deferred tax assets to the extent that it iii. Short term compensated absences are provided has become reasonably certain or virtually certain, as for based on estimates. the case may be that sufficient future taxable income iv. Actuarial gains / losses are immediately taken to will be available against which such deferred tax assets profit and loss account and are not deferred. can be realised. Annual Report 2010-11 68

ScheduLe 18 : Notes to Accounts (Contd.)

(All amounts are in million of Indian rupees unless otherwise stated)

The carrying amount of deferred tax assets are reviewed of shares outstanding during the period are adjusted for at each balance sheet date. The Company writes-down the effects of all dilutive potential equity shares. the carrying amount of a deferred tax asset to the m) Provisions extent that it is no longer reasonably certain or virtually a) A provision is recognised when an enterprise has certain, as the case may be, that sufficient future taxable a present obligation as a result of past event and income will be available against which deferred tax it is probable that an outflow of resources will asset can be realised. Any such write-down is reversed be required to settle the obligation, in respect of to the extent that it becomes reasonably certain or which a reliable estimate can be made. Provisions virtually certain, as the case may be, that sufficient are not discounted to its present value and are future taxable income will be available. determined based on management estimate l) earnings per share required to settle the obligation at the balance Basic earnings per share are calculated by dividing the sheet date. These are reviewed at each balance net profit or loss for the period attributable to equity sheet date and adjusted to reflect the current shareholders (after deducting preference dividends and management estimates. attributable taxes) by the weighted average number b) Provision policy for gold loans and other loan of equity shares outstanding during the period. The portfolios weighted average numbers of equity shares outstanding during the period are adjusted for events of bonus Secured loans are classified / provided for, as issue; bonus element in a rights issue to existing per management’s best estimates, subject to shareholders; share split; and reverse share split, if any. the minimum provision required as per Non- Banking Financial (Deposit Accepting or Holding) for the purpose of calculating diluted earnings per Companies Prudential Norms (Reserve Bank) share, the net profit or loss for the period attributable to Directions, 2007 as follows: equity shareholders and the weighted average number

Classification of loans (Gold and other loans) Asset classification Provisioning policy Standard assets # 0.25% Sub-standard assets 10% Doubtful assets 100% of unsecured portion + 20 to 50% of secured portion. Loss assets 100% written off in books.

Classification of loans (Hypothecation and Stock on Hire) Asset classification Provisioning policy Standard assets # 0.25% Sub-standard assets 100% Doubtful assets* 100% written off in books. Loss assets 100% written off in books.

* Company considers all loans overdue for more than 18 months as doubtful of recovery.

# As per notification DNBB.222 / CGM(US)-2011 issued by Reserve Bank of India (RBI) on January 17, 2011. Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 69 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

n) Segment reporting Category A (Deposit Taking) registration of the Company The Company primarily operates in the business of with Reserve Bank of India (RBI) and made an “Gold loan” and accordingly no segment reporting is application for the change. RBI approved the same and applicable. issued a new Certificate giving Category B (Non Deposit Taking) registration to the Company. As per the new o) cash and Cash Equivalents registration, the Company is a Systemically Important Cash and cash equivalents in the balance sheet comprise Non-Deposit Taking NBFC. cash at bank and in hand and short-term investments with an original maturity of three months or less. 18.3 Share Capital p) Ancilliary borrowing costs issue of equity shares to promoters on preferential basis Ancilliary borrowings costs incurred issue of debentures and other long term borrowings are expensed over the During the current period, the Company has issued tenure of the loan. 13,210,039 shares to its promoters on preferential basis at a price of ` 75.70/- per share at a premium of q) Share issue expenses ` 73.70/- per share. The approval of the Board of expenses incurred in connection with issue of shares Directors and shareholders has been taken and are adjusted (net of tax effects, if any) against the necessary regulatory requirements have been complied securities premium account in accordance with Section with by the Company. 78 of the Companies Act, 1956. Bonus and share split r) insurance claims The shareholders of the Company have on April 22, Insurance claims are accrued for on the basis of claims 2010 through a resolution, approved the sub-division admitted and/or to the extent there is no uncertainty in of one fully paid equity share of ` 10/- each of the receiving the claims. Company into five equity shares of ` 2/- each fully s) Surplus on auction of pledged gold paid pursuant to Section 94 of the Act. Further, the The Company has a policy of refund of any surplus shareholders of the Company have through a resolution that arises on auction of pledged gold which has been passed on April 22, 2010 approved the issuance of re-possessed by the Company in accordance with the equity shares of ` 2/-each, fully paid up, as bonus terms of the agreement with the customers. shares (after considering the stock split as above) in the ratio of 1:1 to the shareholders existing as on the record t) employee stock compensation cost date. These changes have been given effect to in the Measurement and disclosure of the employee share- current period. based payment plans is done in accordance with SEBI (Employee Stock Option Scheme and Employee further, as per the requirements of paragraph 44 Stock Purchase Scheme) Guidelines, 1999 and the read with paragraph 24 of Accounting Standard 20 – ‘Earnings per share’ (AS-20), the number of equity shares Guidance Note on Accounting for Employee Share- outstanding as at March 31, 2010 has been adjusted based Payments, issued by the Institute of Chartered for the amount of such bonus shares and sub-divided Accountants of India. The Company measures shares in the computation of the weighted average compensation cost relating to employee stock options number of shares for the computation of EPS for the using the intrinsic value method. Compensation current year and previous year. expense, if any is amortised over the vesting period of the option on a straight line basis. issue of equity shares through private 18. 2 Nature of operations placement to Qualified Institutional Buyers (“QIBs”) Manappuram General Finance and Leasing Limited During the current year, the Company has issued (‘MAGFIL’ or ‘the Company’) was incorporated on July 15, 59,523,809 shares to certain QIBs by way of a private 1992 in Thrissur, Kerala. The Company is a non banking placement at a price of ` 168/- per share at a premium financial company (‘NBFC’), which provides a wide range of ` 166/- per share. The issues of these shares are for of fund based and fee based services including gold the purposes of augmenting the funding needs of the loans, money exchange facilities etc. The Company Company and to meet capital adequacy norms. The currently operates through more than 1,900 branches Company raised a total amount of ` 10,000 million from spread across the country. these QIBs and incurred an amount of ` 230 million as The Board of Directors of the Company at its meeting share issues expenses which has been set off against held on February 25, 2011, decided to change the the share premium account. Annual Report 2010-11 70

ScheduLe 18 : Notes to Accounts (Contd.)

(All amounts are in million of Indian rupees unless otherwise stated)

Employee Stock Option Scheme (ESOS), 2009 The details of the Employee Stock Option Scheme 2009 are as under: Date of share holders’ approval August 17, 2009 Number of options approved 1,000,000 Date of grant August 17, 2009 Number of options granted 829,500 Method of settlement Equity Graded Vesting 50% after one year from the date of grant i.e. August 16, 2010 and balance 50% after two years from the date of grant i.e August 16, 2011 Exercisable period 4 years from vesting date Vesting conditions on achievement of pre-determined performance parameters in accordance with the Company Performance appraisal plans.

Subsequent to the share split and bonus issue, the number of options has been adjusted to 8,295,000 options and the exercise price has been adjusted to ` 33.12/- per share in accordance with the terms of the scheme.

The Company has adopted the (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999 issued by Securities and Exchange Board of India, and has recorded a compensation expense using the intrinsic value method as set out in those guidelines. The summary of the movements in options is given below:

Year ended Year ended March 31, 2011 March 31, 2010 Particulars Options outstanding, beginning of year 7,850,000 - Options granted during the year - 8,295,000 Options exercised during the year 3,755,120 - Options lapsed during the year - 445,000 Options outstanding, end of year 4,094,880 7,850,000

Options outstanding at the year end comprise of : - Options eligible for exercise at year end 169,880 - - Options not eligible for exercise at year end 3,925,000 7,850,000

Year ended Year ended March 31, 2011 March 31, 2010 Particulars Weighted average remaining contract life of options 2 years 5 month 3 years 5 month The options outstanding at March 31, 2011 had an exercise price of ` 33.12/- Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 71 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

The fair value of options estimated at the date of grant using the Black-Scholes method and the assumptions used are as under: Vesting I Vesting II August 16, 2010 August 16, 2011 Particulars 50% 50% Option fair value (pre-split and bonus at a face value of ` 10/- per share) ` 142.43 ` 157.92 Risk-free interest rate 6.15% 6.53% Expected life 3 years 4 years Expected volatility 67.11% 66.62% Expected dividend yield 2.76% 2.76% Share price on the date of grant (face value of ` 10/-) ` 331.15 /- ` 331.15 /- The expected volatility of the stock has been determined based on historical volatility of the stock. The period over which volatility has been considered is the expected life of the option.

Pro-forma Disclosures for ESOS 2009 In accordance with SEBI (Employee Stock Option Scheme and Employee Stock Purchase Scheme) Guidelines, 1999, had the compensation cost for ESOS 2009 been recognised based on the fair value at the date of grant in accordance with Black-Scholes method, the amounts of the Company’s net profit and earnings per share would have been as follows:

Particulars Profit after tax Basic EPS (`) Diluted EPS (`) Year ended March 31, 2011 - Amounts as reported 2,826.64 7.61 7.51 - Amounts as per pro-forma 2,774.52 7.47 7.37

Particulars Profit after tax Basic EPS (`) Diluted EPS (`)

Year ended March 31, 2010 - Amounts as reported 1,197.22 4.09 4.07 - Amounts as per pro-forma 1,143.19 3.91 3.88 Annual Report 2010-11 72

ScheduLe 18 : Notes to Accounts (Contd.)

(All amounts are in million of Indian rupees unless otherwise stated) - - - - - 7.01 7.01 0.21 0.21 0.18 0.18 0.01 0.01 0.17 0.17 0.24 0.28 0.03 0.03 0.03 0.04 0.02 0.03 0.58 0.07 0.09 0.50 0.08 7.60 7.60 0.61 0.61 45.09 45.00 272.18 272.18 255.09 273.30 273.30 255.53 Mar 31, 2010 31, Mar Total ------0.11 0.11 1.21 1.21 0.18 0.18 0.15 0.15 0.15 0.15 0.17 0.17 0.29 0.40 3.06 0.63 0.63 0.97 0.68 3.40 0.82 60.10 60.10 46.03 47.57 47.57 62.04 Mar 31, 2011 31, Mar ------0.18 0.18 0.01 0.01 0.17 0.17 0.24 0.28 0.03 0.03 0.03 0.04 0.02 0.03 0.58 0.07 0.50 0.08 0.09 0.61 0.61 1.12 1.12 0.44 0.28 Mar 31, 2010 31, Mar ------0.11 0.11 1.21 1.21 0.18 0.18 0.15 0.15 0.15 0.15 0.17 0.17 0.29 0.40 0.63 0.63 0.97 0.68 0.34 0.82 1.54 1.94 elatives of key R elatives of key management personnel Mar 31, 2011 31, Mar ------7.01 7.01 7.01 7.01 45.00 45.00 272.18 272.18 255.09 272.18 272.18 255.09 Mar 31, 2010 31, Mar ------Personnel 3.06 3.06 60.10 60.10 46.03 60.10 60.10 46.03 Key Management Key Mar 31, 2011 31, Mar ------0.21 0.21 0.09 0.30 Mar 31, 2010 31, Mar ------relatives Mar 31, 2011 Mar 31, by key management personnel or their management personnel by key E nterprises owned or significantly influenced

t io ns y t r ansa c r t e d pa R e lat Debentures issued during the period Debentures Nandakumar P. V. Mr. Jyothi Prasannan Mrs. kalavyan Shelly E kalavyan Mrs. Nandakumar P. V. Mr. Jyothi Prasannan Mrs. Shelly E kalavyan Mrs. Mrs. Geeta Ravi Mrs. Sathyalekshmy Mrs. during the period redeemed Debentures Geeta Ravi Mrs. Bond issued during the period Subordinate Mrs. Sathyalekshmy Sathyalekshmy Mrs. Babu Rajalakshmi Raveendra Mrs. Particulars kalavyan Shelly E kalavyan Mrs. Manappuram Insurance Brokers Private Limited Private Brokers Insurance Manappuram Chits (India) Limited Manappuram Mr. V. P. Nandakumar P. V. Mr. Mrs. Sushama Nandakumar Mrs. Geeta Ravi Mrs. Babu Rajalakshmi Raveendra Mrs. Sathyalekshmy Mrs. during the period Bond redeemed Subordinate Nandakumar P. V. Mr. Jyothi Prasannan Mrs. Babu Rajalakshmi Raveendra Mrs. Shelly E kalavyan Mrs. Geeta Ravi Mrs. paid I nterest 18.4 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 73 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated) ------0.51 0.51 0.51 0.51 1.78 1.78 5.15 5.15 0.15 0.15 1.20 1.20 0.42 3.56 0.06 0.06 5.15 5.15 3.56 2.97 10.60 10.60 10.60 10.60 260.74 260.74 230.76 230.76 260.74 260.74 230.76 230.76 Mar 31, 2010 31, Mar Total ------1.31 1.31 0.14 0.14 0.04 0.03 0.60 0.08 0.05 1.91 1.91 1,000.00 1,000.00 1,000.00 1,000.00 Mar 31, 2011 31, Mar ------0.15 0.15 1.20 1.20 0.42 0.06 0.06 1.20 Mar 31, 2010 31, Mar ------1.31 1.31 0.14 0.14 0.04 0.03 0.60 0.08 0.05 1.91 1.91 elatives of key R elatives of key 1,000.00 1,000.00 1,000.00 1,000.00 management personnel Mar 31, 2011 31, Mar ------260.74 260.74 230.76 230.76 260.74 260.74 230.76 230.76 Mar 31, 2010 31, Mar ------Personnel Key Management Key Mar 31, 2011 31, Mar ------0.51 0.51 0.51 0.51 1.78 1.78 5.15 5.15 3.56 1.78 1.78 5.15 5.15 3.56 10.60 10.60 10.60 10.60 Mar 31, 2010 31, Mar ------relatives Mar 31, 2011 Mar 31, by key management personnel or their management personnel by key E nterprises owned or significantly influenced t io ns (c O NTD.) y t r ansa c oundations r t e d pa R e lat Mr. V. P. Nandakumar P. V. Mr. Subscription to Share Warrant Warrant Subscription to Share Warrant of Share C onversion Nandakumar P. V. Mr. Mrs. Sushama Nandakumar Mrs. Loans repaid repaid Loans Limited Private Brokers Insurance Manappuram Manappuram Insurance Brokers Private Limited Private Brokers Insurance Manappuram Subscription to E quity Shares Manappuram Chits (India) Limited Manappuram Advances made Jyothi Prasannan Mrs. F Manappuram taken Loans Manappuram Chits (India) Limited Manappuram Deposits redeemed Inter Corporate F inance Limited Asset Manappuram Nandan Sooraj orporate Deposits accepted I nter C orporate F inance Limited Asset Manappuram Particulars Jyothi Prasannan Mrs. Mrs. Rajalakshmi Raveendra Babu Rajalakshmi Raveendra Mrs. Geetha Ravi Mrs. Nandan Salary to Sooraj Mrs. Sushama Nandakumar Mrs. Sathyalakshmi Mrs. 18.4 Annual Report 2010-11 74

ScheduLe 18 : Notes to Accounts (Contd.)

(All amounts are in million of Indian rupees unless otherwise stated) ------0.51 0.51 1.78 1.78 0.18 0.18 1.20 1.20 1.03 1.03 0.24 0.02 0.02 0.02 0.88 0.56 0.65 6.86 0.51 0.51 2.99 0.20 17.39 17.39 10.10 10.10 25.41 25.41 20.76 20.76 42.37 140.24 140.24 140.24 140.24 Mar 31, 2010 31, Mar Total ------0.76 0.76 2.51 2.51 0.51 0.51 0.18 0.18 0.01 0.01 1.04 1.04 0.03 0.36 0.26 0.04 6.20 0.02 0.60 0.57 0.09 0.51 0.51 3.15 3.15 3.08 6.20 0.24 972.70 972.70 972.70 972.70 Mar 31, 2011 31, Mar ------1.20 1.20 1.03 1.03 0.24 0.02 0.88 0.56 0.65 6.86 3.37 1.20 10.10 10.10 16.96 16.96 Mar 31, 2010 31, Mar ------0.76 0.76 2.51 2.51 1.04 1.04 0.36 0.60 0.57 0.09 3.11 3.11 2.83 elatives of key R elatives of key management personnel Mar 31, 2011 31, Mar ------0.51 0.51 0.51 0.51 17.39 17.39 25.41 25.41 17.39 17.39 25.41 25.41 Mar 31, 2010 31, Mar ------Personnel 0.51 0.51 0.26 0.51 0.51 0.26 Key Management Key Mar 31, 2011 31, Mar ------1.78 1.78 0.18 0.18 0.02 0.02 1.79 1.79 0.20 140.24 140.24 140.24 140.24 Mar 31, 2010 31, Mar ------relatives 0.18 0.18 0.01 0.01 0.03 0.04 0.02 6.20 6.20 0.04 0.24 972.70 972.70 972.70 972.70 Mar 31, 2011 Mar 31, by key management personnel or their management personnel by key E nterprises owned or significantly influenced t io ns (c O NTD.) y t r ansa c oundations oundations r t e d pa R e lat Manappuram Insurance Brokers Private Limited Private Brokers Insurance Manappuram Jyothi Prasannan Mrs. F Manappuram Mrs. Jyothi Prasannan Jyothi Prasannan Mrs. Sushama Nandakumar Mrs. Sathyalekshmy Mrs. Limited Private Jewellers Manappuram F inance Limited Asset Manappuram Nandan Sooraj Mr. Mrs. Rajalakshmi Raveendra Babu Rajalakshmi Raveendra Mrs. Shelly E kalavyan Mrs. Geeta Ravi Mrs. parties related (net) from Amounts receivables Manappuram Jewellers Private Limited Private Jewellers Manappuram Limited Private Jewellers Manappuram Nandakumar P. V. Mr. R ent paid Nandakumar P. V. Mr. R ent received F inance Limited Asset Manappuram Limited Private Brokers Insurance Manappuram Sale of gold of assets Purchase Nandakumar P. V. Mr. Sushama Nandakumar Mrs. Sumitha Nandakumar Mrs. Balance outstanding as at the period end: parties (net) to related Amounts payable Manappuram F Manappuram Particulars Donation made 18.4 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 75 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

1. Names of related parties Enterprises owned or significantly influenced by Manappuram Benefit Fund Limited key management personnel or their relatives Manappuram Chits (India) Limited Manappuram Asset Finance Limited Manappuram Finance (sole proprietorship) Manappuram Insurance Brokers Private Limited Manappuram Jewellers Private Limited Manappuram Foundations (charitable trust) Key Management Personnel Mr. V P Nandakumar Mr. I Unnikrishnan Mr. B.N Raveendra Babu Relatives of key management personnel Mrs. Sushama Nandakumar Mr. Sooraj Nandan Mrs. Dr. Sumitha Nandan Mrs. Jyothi Prasannan Mrs. Shelly Ekalavyan Mrs. Geetha Ravy Mrs. Rajalakshmi Raveendra Babu Mrs. Sathyalekshmy 2. Remuneration paid to directors is disclosed elsewhere in the financial statements (Refer note 18.15(c))

18.5 Employment benefits disclosureS The amounts of Provident fund contribution charged to the Profit and loss account during the year aggregates to ` 96.51 (Previous year - ` 26.25).

The Company has a defined benefit gratuity plan. Every employee who has completed five years or more of service gets a gratuity on departure at 15 days salary (last drawn salary) for each completed year of service. The scheme is funded with an insurance company in the form of a qualifying insurance policy.

The following tables summarise the components of net benefit expense recognised in the profit and loss account and the funded status and amounts recognised in the balance sheet for the gratuity plan. Profit and Loss account

Net employee benefit expense (recognised in Personnel expenses) 2011 2010 Current service cost 32.48 0.54 Interest cost on benefit obligation 0.31 0.12 Expected return on plan assets (1.86) (0.29) Net actuarial loss recognised in the year 15.16 1.73 Net (benefit) / expense 46.09 2.10 Actual return on plan assets 2.01 0.29 Balance sheet Annual Report 2010-11 76

ScheduLe 18 : Notes to Accounts (Contd.)

(All amounts are in million of Indian rupees unless otherwise stated)

Reconciliation of present value of the obligation and the fair value of plan assets: 2011 2010 Defined benefit obligation (51.91) (3.88) Fair value of plan assets 37.09 4.06 Asset/(liability) recognised in the balance sheet (14.82) 0.18 Experience adjustments on plan liabilities (Gain) / Loss 14.90 - Experience adjustments on plan assets Gain / (Loss) 0.15 -

There are no experienec adjustments for the years ending March 31, 2009 and March 31, 2008.

Changes in the present value of the defined benefit obligation are as follows: 2011 2010 Opening defined benefit obligation 3.88 1.53 Interest cost 0.31 0.12 Current service cost 32.48 0.54 Benefits paid (0.07) (0.04) Actuarial loss / (gain) on obligation 15.31 1.73 Closing defined benefit obligation 51.91 3.88

Changes in the fair value of plan assets are as follows: 2011 2010 Opening fair value of plan assets 4.06 2.41 Expected return 1.86 0.29 Contributions by employer 31.09 1.40 Benefits paid (0.07) (0.04) Actuarial gains / (losses) 0.15 -

Closing fair value of plan assets 37.09 4.06

The principal assumptions used in determining gratuity obligations for the Company’s plans are shown below: 2011 2010 Discount rate 8.3% 8.0% Expected rate of return on assets 8.5% 5.0% Employee turnover 30.0% 30.0%

The fund is administered by Life Insurance Corporation of India (“LIC”). The overall expected rate of return on assets is determined based on the market prices prevailing on that date, applicable to the period over which the obligation is to be settled.

The estimates of future salary increases, considered in actuarial valuation, take account of inflation, seniority, promotion and other relevant factors, such as supply and demand in the employment market.

2011 2010

18.6 Earnings per share Particulars Net profit as per profit and loss account (used for calculation of EPS) 2,826.64 1,197.22 Weighted average number of equity shares in calculating basic EPS (Nos.) 37,13,80,825 29,26,48,250 Weighted average number of equity shares in calculating Dilutive EPS (Nos.) Weighted average number of equity shares in calculating basic EPS (Nos.) 37,13,80,825 29,26,48,250 Add: Number of dilutive shares under Empoyees Stock Options (Nos.) 51,11,449 18,30,470 Weighted average number of equity shares in calculating diluted EPS (Nos.) 37,64,92,274 29,44,78,720 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 77 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

18.7 Lease disclosure Operating leases: Office premises are obatined on operating lease which are cancellable in nature. 2011 2010 Finance leases: Total minimum lease payments at the year end 12.57 2.83 Less : amount representing finance charges 1.63 0.28 Present value of minimum lease payments 10.94 2.55 Lease payments for the year 2.01 1.78 Minimum Lease Payments : Not later than one year [Present value ` 3.78 as on March 31, 2011 (` 1.57 as on March 4.55 1.79 31, 2010)] Later than one year but not later than five years [Present value ` 7.16 as on March 31, 8.02 1.04 2011 (` 0.96 as on March 31, 2010)] Later than five years [Present value ` Nil as on March 31, 2011 (` Nil as on March 31, 2010)] - -

18.8 Commitments and contingent liabilitieS (i) Commitments Estimated amount of contracts remaining to be executed on capital account, net of advances is ` 89.54 (Previous year - ` 1.53).

2011 2010 (ii) Contingent liabilities Particulars The Company is contingently liable to banks and other financial institutions with 1,702.76 707.17 respect to assignment of gold loans to the extent of the collateral deposits / guarantees. Total 1,702.76 707.17

(iii) Applicability of Kerala Money Lenders’ Act The Company has challenged in the Hon’ble Supreme Court the order of Hon’ble Kerala High Court upholding the applicability of Kerala Money Lenders Act to NBFCs. The Hon’ble Supreme Court has directed that a status quo on the matter shall be maintained and the matter is currently pending with the Supreme court. The Company has taken legal opinion on the matter and based on such opinion the management is confident of a favourable outcome. Pending the resolution of the same, no adjustments have been made in the financial statements for the required license fee and Security deposits. Annual Report 2010-11 78

ScheduLe 18 : Notes to Accounts (Contd.)

(All amounts are in million of Indian rupees unless otherwise stated)

18.9 (a) Loan portfolio and Provision for Non Performing Assets for major categories of loan portfolio Asset Classification (as per RBI prudential norms) Gross loan outstanding Provision for Assets Net loan outstanding 2011 2010 2011 2010 2011 2010 Gold loan - Standard assets 63,495.46 18,410.61 158.47 * - 63,336.99 18,410.61 - Sub-standard assets 76.27 48.25 7.63 4.83 68.64 43.42 - Doubtful assets 133.68 53.40 123.36 51.20 10.32 2.20 - Loss assets - - - - Hypothecation loan - Standard assets 18.79 91.55 - - 18.79 91.55 - Sub-standard assets 26.69 124.52 26.69 43.69 - 80.83 - Doubtful assets - 70.71 70.71 - - - Loss assets 63,750.89 18,799.04 316.15 170.43 63,434.74 18,628.61

* Disclosed separately under Provisions in Schedule 12 and not netted off against the loan

2011 2010

18.9 (b) Provision for dimunition in value of investments Particulars Provision for dimunition in value of investments - -

18.10 Details of investments purchased and sold during the year For the year ended March 31, 2011 Purchased Sold Particulars Units Rate (`) Total Units Rate (`) Total ICICI prudential Flexible Income Plan Premium - Growth 1.42 140.85 200.00 1.13 177.20 200.24 Kotak Floater short term Growth fund 19.23 15.60 300.00 19.23 15.61 300.22 Canara Robeco liquid Super Institutional Growth Fund 4.31 11.60 50.00 3.47 14.43 50.06 IDFC Cash fund - Super Institutional - Daily Dividend 5.00 10.00 50.00 5.00 10.01 50.05 SBI Magnum Insta cash Fund - cash option 36.80 21.20 780.00 36.80 21.21 780.67 SBI Magnum Insta cash Fund - cash option 11.79 21.20 250.00 11.79 21.22 250.19 Religare Ultra short term fund - Institutional Growth 19.08 13.10 250.00 19.03 13.16 250.40 Religare Liquid Fund - Super Institutional Growth Fund 76.31 13.10 1,000.00 76.31 13.11 1,000.19 Tata Liquid Super high investment fund 0.03 1,666.67 50.00 0.03 1,668.67 50.06 IDBI Liquid fund - Growth 39.07 10.24 400.00 39.07 10.25 400.56 PNB liquid fund - Growth 5.00 10.00 50.00 5.00 10.05 50.23 UTI Mutual Fund 199.00 10.00 1,990.00 199.00 10.00 1,990.76 417.04 5,370.00 415.86 5,373.63

For the year ended March 31, 2010 Purchased Sold Particulars Units Rate (`) Total Units Rate (`) Total Reliance Liquidity Fund - Daily Dividend Reinvestment Option 32.99 10.00 330.04 32.99 10.00 330.04 LICMF - Liquid Fund Dividend Plan 89.26 10.98 980.09 89.26 10.98 980.09 122.25 1,310.13 122.25 1,310.13 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 79 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

18.11 Assignment of receivables The Company has assigned a portion of its gold loans / hypothecations loans to banks and financial institutions during the year. The aggregate amount assigned as as at March 31, 2011 is ` 11,182.83 (Previous year - ` 7,077.02). These amounts have been reduced from the gross gold loan and hypothecation loan balances. A bank / institution wise breakup of the same is as under:

Bank / Financial institution 2011 2010 Dhanalakshmi Bank 1,849.41 - Kotak Mahindra Bank 1,971.79 630.31 ING Vysya Bank 1,628.67 882.27 Yes Bank 1,684.88 - ICICI Bank 1,564.86 2,092.66 UTI Bank 1,118.19 1,499.98 Development Credit Bank 199.72 - Federal Bank 166.55 - IndusInd Bank 450.40 - IDBI Bank 548.36 1,971.80 11,182.83 7,077.02

18.12 Deposits with banks include cash collateral deposits aggregating ` 2,119.41 (Previous year: ` 1,182.57) towards assignments and other approved facilities. A bank / institution wise breakup of the same is as under:

Bank / Financial institution 2011 2010 ICICI Bank 182.73 133.81 Kotak Mahindra Bank 35.54 30.18 HDFC Bank 153.57 80.00 Development Credit Bank 25.00 - ING Vysya Bank 54.79 34.43 Federal Bank 50.00 54.24 South Indian Bank 127.89 136.85 IDBI Bank 155.00 120.00 YES Bank 209.24 50.00 Karur Vyasya Bank 25.00 12.50 Indian Overseas Bank 275.32 50.00 Bank of Rajastan 10.00 10.00 Development Bank of Singapore 37.50 - Dhanalakshmi Bank 365.33 - United Bank of India 100.00 - DENA Bank 37.50 - Andhra Bank 125.00 - Punjab National Bank - 50.00 UCO Bank 100.00 - Jammu & Kashmir Bank 50.00 - Catholic Syrian Bank - 20.56 State Bank of India - 400.00 2,119.41 1,182.57

18.13 charges created on assets of the Company for Secured LoANS A. From banks Cash credit, overdrafts and working capital loan accounts have been availed from various banks and are secured by Gold Loan receivables. Annual Report 2010-11 80

ScheduLe 18 : Notes to Accounts (Contd.)

(All amounts are in million of Indian rupees unless otherwise stated) At par at the end of 12 months At par at the end of 12 At par at the end of 36 months At par at the end of 24 months At par at the end of 60 months At par at the end of 48 months At par at the end of 36 months At par at the end of 24 months At par at the end of 36 months At par at the end of 24 months At par at the end of 36 months At par at the end of 24 months At par at the end of 60 months At par at the end of 36 months At par at the end of 24 months At par at the end of 36 months At par at the end of 48 months At par at the end of 36 months At par at the end of 60 months At par at the end of 36 months At par at the end of 60 months At par at the end of 36 months At par at the end of 60 months At par at the end of 48 months At par at the end of 36 months At par at the end of 60 months At par at the end of 48 months At par at the end of 60 months At par at the end of 48 months At par at the end of 60 months At par at the end of 48 months At par at the end of 60 months At par at the end of 60 months R edemption details details Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Security 12 12 36 24 60 48 36 24 24 36 36 24 60 24 36 36 48 36 60 36 60 36 60 48 36 60 48 60 48 48 60 60 60 Tenure Tenure 0.11 0.11 1.01 1.01 0.01 0.01 0.73 0.73 0.16 0.16 0.70 0.70 0.15 0.15 0.70 0.70 0.41 0.41 0.01 0.01 4.81 4.81 5.78 5.78 1.66 1.66 6.23 0.57 0.25 0.52 0.02 0.29 0.08 1.44 1.44 0.02 0.67 0.20 3.23 0.97 0.65 0.43 0.04 0.05 0.33 0.05 Amount Amount 10 10 15 15 12 12 82 20 35 53 50 574 574 517 517 974 974 410 410 108 108 732 732 163 163 150 150 704 704 252 285 697 666 200 654 432 328 1,013 1,013 6,231 6,231 5,781 5,781 4,812 4,812 1,664 1,664 1,439 1,439 3,232 Number of Debentures Debentures eb-10 22- F 9-Jun-09 9-Jun-09 9-Jun-09 9-Jun-09 30-Apr-09 30-Apr-09 30-Apr-09 30-Apr-09 16-Mar-09 16-Mar-09 16-Mar-09 16-Mar-09 16-Mar-09 29-Dec-08 29-Dec-08 29-Dec-08 29-Dec-08 29-Dec-08 31-Mar-08 31-Mar-08 27-Mar-08 27-Mar-08 27-Mar-08 31-Jan-08 31-Jan-08 4-Dec-07 O ct-07 13- 24-Mar-07 24-Mar-07 15-Nov-06 16-Sep-06 under : of secured non convertible debentures are as and series w ise outstanding of security D etails Date of Allotment onvertible Debentures Non C onvertible Debentures Secured B. Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 81 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated) ebruary 3, 2011, May 3, 2011, 3, 2011, May ebruary 3, 2011, ebruary 3, 2011, May 3, 2011, 3, 2011, May ebruary 3, 2011, ebruary 3, 2011, May 3, 2011, 3, 2011, May ebruary 3, 2011, At par at the end of 24 months At par at the end of 15 months, with a put / call option on June 29, 2011, September 28, months, with a put / call option on June 29, 2011, At par at the end of 15 28, 2012. and March December 28, 2011 2011, At par at the end of 18 months, with a put / call option on F At par at the end of 18 and November 3, 2011. August 3, 2011 At par at the end of 18 months, with a put / call option on F At par at the end of 18 and November 3, 2011. August 3, 2011 At par at the end of 18 months, with a put / call option on F At par at the end of 18 and November 3, 2011. August 3, 2011 At par at the end of 18 months At par at the end of 18 At par at the end of 18 months At par at the end of 18 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 36 months At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 At par at the end of 12 months At par at the end of 12 R edemption details Note 2 details Note 3 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Security 15 15 18 18 18 18 18 18 18 18 18 18 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 12 24 36 Tenure Tenure 1.31 1.31 3.16 3.16 57.12 57.12 75.08 75.08 61.46 61.46 11.06 11.06 50.16 50.16 30.17 30.17 79.56 79.56 62.12 62.12 82.60 55.33 98.86 92.66 60.99 45.43 39.63 66.27 62.36 107.25 107.25 149.98 149.98 100.00 100.00 250.00 500.00 250.00 250.00 250.00 Amount Amount 1,000.00 1,000.00 100 100 250 500 250 250 250 1,000 1,000 1,312 1,312 3,159 3,159 57,124 57,124 75,076 75,076 62,119 62,119 30,169 30,169 79,561 79,561 50,164 50,164 61,460 61,460 11,062 11,062 66,273 66,273 82,599 55,328 98,858 92,655 60,986 39,627 45,428 62,359 1,07,254 1,07,254 1,49,979 1,49,979 Number of Debentures Debentures eb-11 eb-11 eb-10 28-Mar-11 31-Mar-11 3-Sep-10 3-Sep-10 3-Sep-10 18-Aug-10 F 15- 31-Mar-11 31-Mar-11 25- F 25- F 15-Dec-10 29-Nov-10 29-Nov-10 29-Nov-10 29-Nov-10 O ct-10 15- O ct-10 15- O ct-10 15- O ct-10 15- 24-Jul-10 20-Jul-10 20-Jul-10 22-Apr-10 22-Apr-10 22-Apr-10 30-Mar-10 under : of secured non convertible debentures are as and series w ise outstanding of security D etails Date of Allotment 9-Mar-10 C ontd.) ( Non C onvertible Debentures Secured B. Annual Report 2010-11 82

ScheduLe 18 : Notes to Accounts (Contd.)

(All amounts are in million of Indian rupees unless otherwise stated) At par at the end of 60 months At par at the end of 48 months At par at the end of 36 months At par at the end of 60 months At par at the end of 48 months At par at the end of 36 months At par at the end of 60 months At par at the end of 48 months At par at the end of 36 months At par at the end of 60 months At par at the end of 48 months At par at the end of 36 months At par at the end of 60 months At par at the end of 48 months At par at the end of 36 months At par at the end of 60 months At par at the end of 48 months At par at the end of 36 months At par at the end of 60 months At par at the end of 48 months At par at the end of 36 months At par at the end of 60 months At par at the end of 48 months At par at the end of 36 months At par at the end of 36 months R edemption details details Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Note 3 Security 60 48 36 60 48 36 60 48 36 60 48 36 60 48 36 60 48 36 60 48 36 60 48 36 36 Tenure Tenure 8.00 6.00 6.00 8.00 6.00 6.00 9.00 9.00 9.00 9.00 75.00 75.00 75.00 75.00 11.40 11.40 11.40 11.40 15.20 15.20 12.00 12.00 12.00 12.00 40.00 30.00 30.00 100.00 100.00 100.00 100.00 150.00 150.00 150.00 150.00 200.00 Amount Amount 5,012.85 5,012.85 8 6 6 8 6 6 9 9 9 9 75 75 75 75 11 11 11 11 15 15 12 12 12 12 40 30 30 100 100 100 100 150 150 150 150 200 13,28,535 13,28,535 Number of Debentures Debentures 31-Mar-11 31-Mar-11 31-Mar-11 31-Mar-11 31-Mar-11 31-Mar-11 31-Mar-11 31-Mar-11 31-Mar-11 31-Mar-11 31-Mar-11 31-Mar-11 28-Mar-11 28-Mar-11 28-Mar-11 28-Mar-11 28-Mar-11 28-Mar-11 28-Mar-11 28-Mar-11 28-Mar-11 28-Mar-11 28-Mar-11 28-Mar-11 under : of secured non convertible debentures are as and series w ise outstanding of security D etails Date of Allotment 28-Mar-11 onvertible Debentures ( C ontd.) Non C onvertible Debentures Secured B. Note 1: and future. assets both present and other unencumbered on the gold loan receivables by a floating charge Secured Note 2: times. of 1.10 of the Company with a mimium asset cover ratio on the receivables pari passu charge by first Secured Note 3: ` 1,188. aggregating of these debentures in respect a charge of creating The Company is in the process Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 83 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

18.14 Additional disclosures as required by circular no DNBS(PD).CC.No.125/03.05.002/2008-2009 dated August 1, 2008 issued by the Reserve Bank of India: a) Capital to risk assets ratio

Particulars March 31, 2011 March 31, 2010 CRAR (%) 29.13 29.34 CRAR - Tier I Capital (%) 26.36 26.04 CRAR - Tier II Capital (%) 2.77 3.30 b) Exposure to real estate sector The Company does not have any direct or indirect exposure to real estate sector.

c) Asset liability management

Maturity pattern of certain items of assets and liabilities as at March 31, 2011

Liabilities 1 day to Over one Over 2 Over 3 Over 6 Over 1 Over 3 Over Total 30/31 days month to month upto months to months to year to years to 5 years (one month) 2 months 3 months 6 months 1 year 3 years 5 years Borrowings from banks 6,050.06 2,050.07 1,899.27 10,642.26 17,404.94 - - - 38,046.60 Market borrowings # 1,708.20 2,686.12 3,060.99 2,204.00 1,002.40 4.80 2.30 - 10,668.81 Assets 1 day Over one Over 2 Over 3 Over 6 Over 1 Over 3 Over Total to 30/31 month to month upto months to months to year to years to 5 years days (one 2 months 3 months 6 months 1 year 3 years 5 years month) Advances (net) 11,243.48 11,347.28 9,396.95 14,263.14 17,419.76 - - - 63,670.61 Investments - - - 3.15 400.00 - - 0.05 403.20

# Represents secured loans from others and vehicle loans under Schedule 3 and commercial papers under Schedule 4 These disclosures are given only for certain items of assets and liabilities from the Balance sheet as required by the above circular and is not a complete depiction of the asset liability maturity position of the Company as at March 31, 2011. As this is the first year of presentation of the above information, no comparatives have been disclosed.

18.15 Supplementary profit and loss data a. Legal and professional fees (Schedule 17) includes remuneration to auditors as follows: Remuneration as auditors 2011 2010 Statutory audit 2.50 2.00 Other services 1.50 0.90 Certification 0.50 0.20 Out of pocket expenses 0.20 0.13 4.70 3.23 Note:

Excludes applicable service taxes Excludes ` 3.5 (previous year ` 1) included under Share issue expenses in Schedule 2 in connection with Qualified Institutional Placement

Annual Report 2010-11 84

ScheduLe 18 : Notes to Accounts (Contd.)

(All amounts are in million of Indian rupees unless otherwise stated)

b. Expenditure in foreign currency 2011 2010 Travel 2.52 1.12 Consultancy charges 7.96 - 10.48 1.12

c. Managerial remuneration 2011 2010 Salary to whole time directors 28.80 14.70 Commission to whole time directors 18.60 9.60 Commission to Non - whole time directors 2.80 2.23 Contribution to provident fund/superannuation for whole time directors 3.46 1.76 53.66 28.29

Note: Provisions for / contribution to employee retirement/post retirement and other employee benefits which are based on actuarial valuations done on an overall Company basis are excluded above.

Computation of Net Profit in accordance with section 349 of the Companies Act, 1956 for calculation of commission payable to directors

2011 2010 Profit before tax (as per Profit and Loss Account) 4,238.96 1,818.26 Add: Directors’ remuneration 53.66 28.29 Depreciation as per Profit and Loss account 212.96 57.37 Provision for doubtful debts and advances 133.81 88.58 Loss on disposal of investments - 0.43 Loss on sale of fixed assets (net) as per Profit and Loss account 2.28 4.34 Less: - - Depreciation (to the extent specified in section 350 of the Companies Act, 1956) (212.96) (57.37) (Loss)/Profit on sale of fixed assets as per Section 349 of the Companies Act, 1956 (2.28) (4.34) Net profit as per Section 349 of the Companies Act, 1956 4,426.43 1,935.56 Maximum amount of Commission and Salary payable to Managing and 442.64 193.56 Wholetime directors at 10% of the net profits as calculated above Maximum amount of Commission payable to other directors at 1% of the 44.26 19.36 net profits as calculated above Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 85 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

18.16 Remittance of dividend in foreign curreny

2011 2010 Final dividend Period to which it relates - 2008-2009 Number of non-resident shareholders - 4 Number of equity shares held on which dividend was due - 1,25,46,630 Amount remitted - 14.68

18.17 During the year there have been certain instances of fraud on the Company by employees where gold loan related misappropriations / cash embezzlements have occurred for amounts aggregating ` 24.87 million. The Company has fully provided for these amounts in the financial statements and is in the process of recovering these amounts from the employees and taking appropriate legal actions. 18.18 comparativeS Previous year’s figures have been reclassified to conform to the presentation of the current year.

As per our report of even date For S. R. BATLIBOI & ASSOCIATES For and on behalf of the Board of Directors Firm Registration Number: 101049W Chartered Accountants per S. Balasubrahmanyam V. P. Nandakumar I. Unnikrishnan B. N. Raveendra Babu Partner Executive Chairman Managing Director Joint Managing Director Membership No.: 053315

Place: Chennai M. Anandan A. L.. Bindu C. Radhakrishnan Date: April 28, 2011 Director Chief Financial Officer Company Secretary Annual Report 2010-11 86

Cash Flow Statement for the year ended March 31, 2011 (All amounts are in million of Indian rupees unless otherwise stated)

Year ended Year ended March 31, 2011 March 31, 2010 A. Cash flow from operating activities Net profit before taxation, and extraordinary items 4,238.96 1,818.26 Adjustments for: Depreciation / amortisation 212.96 57.37 Loss on sale of fixed assets 2.28 4.34 (Profit) / Loss on sale of investments (3.96) 0.43 Interest income (124.67) (66.26) Dividend income (3.62) (0.48) Interest expense 3,156.59 1,304.54 Provision for standard assets 158.47 - Bad debts written off and provision for bad debts 224.28 141.99 Operating profit before working capital changes 7,861.29 3,260.19 Movements in working capital : Decrease / (Increase) in other current assets (3,026.12) (999.34) Decrease / (Increase) loans and advances (45,458.84) (14,218.30) Increase / (Decrease) in current liabilities and provisions 228.75 254.41 Cash generated from operations (40,394.92) (11,703.04) Direct taxes paid (net of refunds) (1,442.22) (653.38) Net cash from operating activities (41,837.14) (12,356.42) B. Cash flows from investing activities Purchase of fixed assets (1,096.42) (297.24) Proceeds from sale of fixed assets 2.63 0.74 Purchase of investments (5,770.00) (2,680.13) Sale / maturity of investments 6,777.46 1,284.24 Interest received 82.16 44.21 Dividends received 3.62 - Net cash from investing activities (0.55) (1,648.18) C. Cash flows from financing activities Proceeds from issuance of share capital 11,124.38 2,677.19 Share issue expenses adjusted against securities premium (235.64) (76.19) Redemption of preference shares - (40.00) Increase / (decrease) in secured debentures including application money (net) 2,410.52 1,801.77 Increase / (decrease) in bank borrowings (net) 24,388.01 9,640.91 Increase / (decrease) in borrowings from others (net) 450.00 200.00 Increase / (decrease) in subordinate bond (net) 613.62 477.88 Increase / (decrease) in deposits including inter-corporate deposits (net) (19.74) (29.95) Proceeds from commercial paper 21,810.03 3,316.31 Repayment of commercial paper (12,452.89) (2,665.58) Increase / (decrease) in vehicle loans (net) 8.39 (0.39) Proceeds from subordinated debt 1,000.00 - Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 87 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(All amounts are in million of Indian rupees unless otherwise stated)

Year ended Year ended March 31, 2011 March 31, 2010 Interest paid (3,079.25) (1,227.99) Dividends paid (169.86) (54.85) Tax on dividend paid (28.27) (9.14) Net cash used in financing activities 45,819.30 14,009.97 Net increase in cash and cash equivalents (A + B + C) 3,981.61 5.37 Cash and cash equivalents at the beginning of the year 2,682.08 1,133.96 Add: Adjustment on account of amalgamation - 1,542.75 Cash and cash equivalents at the end of the year 6,663.69 2,682.08 Components of cash and cash equivalents as at March 31, 2011 Cash and cheques on hand 1,188.01 644.98 With banks - on current account# 2,480.92 841.12 - on deposit account* 2,992.30 1,193.85 - on unpaid dividend accounts** 2.46 2.13 6,663.69 2,682.08

* Includes cash collateral deposits held with banks ` 2,119.41 (previous year ` 1,182.57) which are not available for use by the Company

# Includes amouts in Escrow account towards closed public deposits ` 11.44 not available for use by the Company as they represent corresponding deposit liabilities (previous year: Nil)

**These balances are not available for use by the Company as they represent corresponding unpaid dividend liabilities.

As per our report of even date For S. R. BATLIBOI & ASSOCIATES For and on behalf of the Board of Directors Firm Registration Number: 101049W Chartered Accountants per S. Balasubrahmanyam V. P. Nandakumar I. Unnikrishnan B. N. Raveendra Babu Partner Executive Chairman Managing Director Joint Managing Director Membership No.: 053315

Place: Chennai M. Anandan A. L.. Bindu C. Radhakrishnan Date: April 28, 2011 Director Chief Financial Officer Company Secretary Annual Report 2010-11 88

Schedule to the Balance Sheet of a Non-Deposit taking Non-Banking Financial Company

(as required in terms of paragraph 13 of Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007)

(` in lakhs) Sl No Particulars Amount Amount Outstanding Overdue Liabilities side : (1) Loans and advances availed by the non-banking financial company inclusive of interest accrued thereon but not paid: (a) Debentures : Secured 50,822.52 : Unsecured 200.00 (other than falling within the meaning of public deposits*) (b) Deferred Credits - (c) Term Loans 109.40 (d) Inter-corporate loans and borrowing 16.77 (e) Commercial Paper 1,01,125.28 (f) Other Loans: Subordinate bond 28,226.51 Bank 3,80,465.97 * Please see Note 1 below

(` in lakhs) Assets side : Amount outstanding (2) Break-up of Loans and Advances including bills receivables [other than those included in (4) below] : (a) Secured 6,83,254.33 (b) Unsecured 4,743.78

(` in lakhs) Assets side : Amount outstanding (3) Break up of Leased Assets and stock on hire and other assets counting towards AFC activities (i) Lease assets including lease rentals under sundry debtors : - (a) (a) Financial lease - (b) (b) Operating lease - (ii) Stock on hire including hire charges under sundry debtors: - (a) Assets on hire 2.94 (b) Repossessed Assets - (iii) Other loans counting towards AFC activities - (a) Loans where assets have been repossessed - (b) Loans other than (a) above Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 89 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

(` in lakhs) Assets side : Amount outstanding (4) Break-up of Investments : Current Investments: 1 Quoted : (i) Shares : (a) Equity - (b) Preference - (ii) Debentures and Bonds - (iii) Units of mutual funds - (iv) Government Securities - (v) Others - 2 Unquoted : (i) Shares : (a) Equity - (b) Preference - (ii) Debentures and Bonds - (iii) Units of mutual funds 4,000.00 (iv) Government Securities - (v) Others - Long Term investments: 1 Quoted : (i) Shares : (a) Equity 0.12 (b) Preference - (ii) Debentures and Bonds - (iii) Units of mutual funds - (iv) Government Securities 36.63 (v) Others - 2 Unquoted : (i) Shares : (a) Equity 0.32 (b) Preference - (ii) Debentures and Bonds - (iii) Units of mutual funds - (iv) Government Securities - (iv) Others -

(` in lakhs)

Amount net of provisions

(5) Borrower group-wise classification of assets financed as in (2) and (3) above : Please see Note 2 below Category Secured Unsecured Total 1 Related Parties ** (a) Subsidiaries (b) Companies in the same group (c) Other related parties 2. Other than related parties 6,83,257.27 4,743.78 6,88,001.05 Total 6,83,257.27 4,743.78 6,88,001.05 ** As per Accounting Standard of ICAI (please see Note 3)

Annual Report 2010-11 90

Schedule to the Balance Sheet of a Non-Deposit taking Non-Banking Financial Company

(as required in terms of paragraph 13 of Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007) (Contd.)

(` in lakhs) Market Value / Break Book Value up or fair value or NAV (Net of Provisions) (6) Investor group-wise classification of all investments (current and long term) in shares and securities (both quoted and unquoted): Please see note 3 below Category

1 Related Parties ** (a) Subsidiaries - - (b) Companies in the same group - - (c) Other related parties - - 2. Other than related parties 33.70 37.07 Total 33.70 37.07

** As per Accounting Standard of ICAI (please see Note 3)

(` in lakhs)

Amount outstanding

(7) Other Information : (i) Gross Non-Performing Assets (a) Related parties (b) Other than related parties - (ii) Net Non-Performing Assets 1,674.57 (a) Related parties (b) Other than related parties - Assets acquired in satisfaction of debt -

Notes: 1. As defined in paragraph 2(1)(xii) of the Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 1998. 2. Provisioning norms shall be applicable as prescribed in the Non-Banking Financial (Non Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007. 3. All Accounting Standards and Guidance Notes issued by ICAI are applicable including for valuation of investments and other assets as also assets acquired in satisfaction of debt. However, market value in respect of quoted investments and break up/fair value/NAV in respect of unquoted investments should be disclosed irrespective of whether they are classified as long term or current in (4) above.

For and on behalf of the Board of Directors

V. P. Nandakumar I. Unnikrishnan P Manomohanan Chairman & Managing Directo Managing Director Director

B.N. Raveendra Babu A. L.. Bindu C. Radhakrishnan Joint Managing Director Chief Financial Officer Company Secretary Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 91 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

Balance Sheet Abstract and Company’s General Business Profile

I Registration Details Registration no. : 0 6 6 2 3 State code : 0 9

Balance sheet date : 3 1 0 3 2 0 1 1 Date Month Year II. Capital Raised During the year (Amount in million)

Public issue : N I L Right issue : N I L

Bonus issue : 3 4 0 . 3 8 Private placement* : 1 5 2 . 9 8 Iii. POSITION OF MOBILISATION AND DEPLOYMENT OF FUNDS (Amount in million)

Total liabilities : 7 5 7 7 9 . 6 7 Total assets : 7 5 7 7 9 . 6 7

Paid-up capital : 8 3 3 . 7 5 Reserves & surplus : 1 8 4 0 5 . 8 2

Secured loans : 4 3 7 2 3 . 0 7 Unsecured loans : 1 2 8 1 7 . 0 3

Application of Funds

Net fixed assets : 1 3 1 9 . 0 2 Investments : 4 0 3 . 2 0

Current assets : 1 1 6 1 1 . 2 0 Current liabilities : 1 1 2 6 . 3 4

Misc. expenditure : N I L Accumulated losses N I L IV. Performance Of Company (Amount in million)

Total income : 1 1 8 1 5 . 2 6 Total expenditure : 7 5 7 6 . 3 0

Profit & loss before tax : 4 2 3 8 . 9 6 Profit & loss after tax : 2 8 2 6 . 6 4

Earning per share in ` : 7 . 6 1 Dividend rate% : 3 0

V. GENERIC NAMES OF THREE PRINCIPLE PRODUCTS/SERVICE OF COMPANY

Item code no. (ITC) : N I L

Product description : F I N A N C E

*The Company had allotted 59523809 equity shares of ` 2 each to Qualified Institutional Buyers on 18.11.2010 and allotted 3755120 equity shares of ` 2 each by way of stock option to employees. Annual Report 2010-11 92

Branch Network Our services available at

SLNO State District BRANCH NAME PHONE NO 1 Andhra Pradesh Adilabad Adilabad Ph : 08732 - 220729 / 324432 2 Andhra Pradesh Adilabad Bhainsa Ph : 08752 - 230550 / 09392073535 3 Andhra Pradesh Adilabad Kagaznagar Ph : 08738 - 235001 / 09391059825 4 Andhra Pradesh Adilabad Mancherial Ph : 08736 - 258994 / 321631 5 Andhra Pradesh Adilabad Nirmal Ph : 08734 - 242118 / 324208 6 Andhra Pradesh Anantapur Ananthapur RTC Bus Stand Ph : 08554 - 275722 / 327667 7 Andhra Pradesh Anantapur Ananthpur Raju Road Ph : 08554 - 274448 / 322969 8 Andhra Pradesh Anantapur Ananthpur (Subash Road) Ph : 08554 - 244388 / 324747 9 Andhra Pradesh Anantapur Bellary Road Ananthapur Ph : 08554 - 244385 / 327017 10 Andhra Pradesh Anantapur Dharmavaram Ph : 08559 - 220777 / 325650 11 Andhra Pradesh Anantapur Gooty Ph : 08552 - 250010 / 326565 12 Andhra Pradesh Anantapur Guntakal Ph : 08552 - 222187 / 325770 13 Andhra Pradesh Anantapur Hindupur Ph : 08556 - 221189 / 320938 14 Andhra Pradesh Anantapur Kadiri Ph : 08494 - 220334 / 9347740403 15 Andhra Pradesh Anantapur Kadiri Bypass Road Ph : 08494 - 220131 / 9390982286 16 Andhra Pradesh Anantapur Kalyan Durg Ph : 08497 - 220550 / 9393877505 17 Andhra Pradesh Anantapur R K Nagar Ananthapur Ph : 08554 - 276635 / 327023 18 Andhra Pradesh Anantapur Rayadurg Ph : 08495 - 251077 / 9346341436 19 Andhra Pradesh Anantapur Tadipatri Ph : 08558 - 224034 / 325596 20 Andhra Pradesh Anantapur Tadipatri Bus Stand Ph : 08558 - 225034 / 320444 21 Andhra Pradesh Anantapur Venugopal Nagar Ph : 08554 - 270048 / 327014 22 Andhra Pradesh Anantapur Market Field Road Hindupur Ph : 08556-223172/320707 23 Andhra Pradesh Chittoor Annamayya Center Ph : 0877 - 2242514 / 3204433 24 Andhra Pradesh Chittoor Avenue Road Madanapally Ph : 08571 - 220452 / 322022 25 Andhra Pradesh Chittoor Chittoor Ph : 08572 - 231716 / 320902 26 Andhra Pradesh Chittoor Greenpet Ph : 08572 - 242230 / 325649 27 Andhra Pradesh Chittoor Madanapally Ph : 08571 - 220050 / 323155 28 Andhra Pradesh Chittoor Nagari Street Srikalahasti Ph : 08578 - 222014 / 325557 29 Andhra Pradesh Chittoor Nellore Trunk Road Ph : 0861 - 2335766 / 3204979 30 Andhra Pradesh Chittoor Palamaner Ph : 08579 - 253101 / 321116 31 Andhra Pradesh Chittoor Puttur Ph : 08577 - 220137 / 325340 32 Andhra Pradesh Chittoor Thilak Road,Thirupathi Ph : 0877 - 2220450 / 3246633 33 Andhra Pradesh Chittoor Tirupathi Ph : 0877 - 2222357 / 3208990 34 Andhra Pradesh Chittoor Akarampalli Ph : 0877 - 2281055 / 32455865 35 Andhra Pradesh Chittoor V Kota Chittor Ph : 08587- 256060/ 321484 36 Andhra Pradesh Chittoor Punganuru Ph : 08581- 252939 / 322072 37 Andhra Pradesh Chittoor Bp Agraharam Srikalahasti Ph : 08578- 230003/ 325549 38 Andhra Pradesh Chittoor Nagari Ph : 08577- 234095/ 325339 39 Andhra Pradesh Cuddapah Old Bus Stand Cuddapah Ph : 08562 - 240236 / 329739 40 Andhra Pradesh East Godavari Amalapuram Ph : 08856 - 231617 / 325636 41 Andhra Pradesh East Godavari Ambajipeta Ph : 08856 - 244899 / 321822 42 Andhra Pradesh East Godavari APIIC-Kakinada Ph : 0884 - 2379892 / 3206900 43 Andhra Pradesh East Godavari Banugudi Junction Ph : 0884 - 2362276 / 3207357 44 Andhra Pradesh East Godavari Danavaipeta Ph : 0883 - 2441697 / 3208012 45 Andhra Pradesh East Godavari J.P Road,Rajamundry Ph : 0883 - 2462177 / 32473212 46 Andhra Pradesh East Godavari Jaganathapuram Ph : 0844 - 2374035 / 3205475 47 Andhra Pradesh East Godavari Konkapalli Ph : 08856 - 233646 / 321821 48 Andhra Pradesh East Godavari Korukonda Road-Rajahmundry Ph : 0883 - 2440396 / 3244702 49 Andhra Pradesh East Godavari Kothapeta Ph : 08855 - 244033 / 324927 50 Andhra Pradesh East Godavari Kottipally Ph : 0883 - 2460787 / 3208088 51 Andhra Pradesh East Godavari Mandapeta Ph : 08855 - 234284 / 326669 52 Andhra Pradesh East Godavari Peddapuram Ph : 08852 - 243331 / 325653 53 Andhra Pradesh East Godavari Rajahmundry (Devi Chowk) Ph : 0883 - 2473212 / 3243732 54 Andhra Pradesh East Godavari Ramachandrapuram Ph : 08857 - 243533 / 325170 55 Andhra Pradesh East Godavari Ravulapalem Ph : 08855 - 256550 / 324926 56 Andhra Pradesh East Godavari Razole Ph : 08862 - 220244 / 321204 57 Andhra Pradesh East Godavari Samarlakota Ph : 0884 - 2327535 / 3206800 58 Andhra Pradesh East Godavari Suryaraopeta, Kakinada Ph : 0884 - 2374035 / 3206925 59 Andhra Pradesh East Godavari Temple Street-Kakinada Ph : 0884 - 2379891 / 32006643 60 Andhra Pradesh East Godavari Thadithota Ph : 0883 - 2445329 / 3208013 61 Andhra Pradesh East Godavari Tuni Ph : 08854 - 256692 / 325354 62 Andhra Pradesh East Godavari V.L. Puram Ph : 0883 - 2460173 / 3208060 63 Andhra Pradesh Guntur Arundal Pet Ph : 0863 - 2263265 / 3203832 64 Andhra Pradesh Guntur Bapatla Ph : 08643 - 220508 / 324686 65 Andhra Pradesh Guntur Cherkupally Ph : 08648 - 246036 / 324756 66 Andhra Pradesh Guntur Chilakaluripeta Ph : 08647 - 259444 / 322728 67 Andhra Pradesh Guntur Guntur Ph : 0863 - 2262522 / 3201131 68 Andhra Pradesh Guntur Guntur Kothapet Ph : 0863 - 2272143 / 3243571 69 Andhrapradesh Guntur Guntur Two Town Ph : 0863 - 2263263 / 3201434 70 Andhra Pradesh Guntur Kannavari Thota Guntur Ph : 0863 - 2263163 / 3243556 71 Andhra Pradesh Guntur KB Road, Chilakaluripeta Ph : 08647 - 251207 / 8552320455 72 Andhra Pradesh Guntur Mangalgiri Guntur Ph : 08645 - 231025 / 320982 73 Andhra Pradesh Guntur Narosaravupetta Ph : 08647 - 222517 / 325701 74 Andhra Pradesh Guntur Piduguralla Ph : 08649 - 252750 / Nil 75 Andhra Pradesh Guntur Ponnuru Ph : 08643 - 243497 / 324222 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 93 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO 76 Andhra Pradesh Guntur Repalle Ph : 08648 - 222337 / 324748 77 Andhra Pradesh Guntur Thenali Ph : 08644 - 221200 / 325625 78 Andhra Pradesh Guntur Vinukonda Ph : 08646 - 274245 / 9396694099 79 Andhra Pradesh Guntur Old Pattabhipuram Ph : 0863- 2210771/ 3243562 80 Andhra Pradesh Guntur Rama Building Center Ph : 0863- 2210018/ 3243563 81 Andhra Pradesh Kadapa Apsara Circle Ph : 08562 - 278765 / 329538 82 Andhra Pradesh Kadapa Kottreddy Circle Cudapah Ph : 08562 - 222321 / 329011 83 Andhra Pradesh Kadapa Krishna Circle Ph : 08562 - 244740 / 329236 84 Andhra Pradesh Kadapa Rajampet Ph : 08565 - 241959 / 9347135533 85 Andhra Pradesh Karimnagar Armur Ph : 08463 - 223080 / 324900 86 Andhra Pradesh Karimnagar Court Area Karimnagar Ph : 0878 - 2222177 / 3203395 87 Andhra Pradesh Karimnagar Godhavarikhani Ph : 08728 - 242031 / 323558 88 Andhra Pradesh Karimnagar Husnabad Ph : 0872 - 255344 / 321020 89 Andhra Pradesh Karimnagar Husnabad Bus Stand Ph : 08721 - 255102 / 320010 90 Andhra Pradesh Karimnagar Huzhrabad Ph : 08727 - 250026 / 324727 91 Andhra Pradesh Karimnagar Jagtial Ph : 08724 - 226877 / 326200 92 Andhra Pradesh Karimnagar Jammikunta Ph : 08727 - 253572 / 324442 93 Andhra Pradesh Karimnagar Jewellers Street Ph : 0878 - 2233979 / 3203395 94 Andhra Pradesh Karimnagar Karimnagar Ph : 0878 - 2234644 / 3200029 95 Andhra Pradesh Karimnagar Karimnagar Gandhi Road Ph : 0878 - 2230396 / 3203420 96 Andhra Pradesh Karimnagar Koratla Ph : 08725 - 252877 / 320818 97 Andhra Pradesh Karimnagar Kothi Rampur Ph : 0878 - 2277550 / 3206097 98 Andhra Pradesh Karimnagar Mankammathotta Ph : 0878 - 2233664 / 3203739 99 Andhra Pradesh Karimnagar Manthany Ph : 08729 - 278729 / 9391784813 100 Andhra Pradesh Karimnagar Metpalli Ph : 08725 - 225758 / 324292 101 Andhra Pradesh Karimnagar Ramagundam-NTPC Ph : 08728 - 271251 / 324994 102 Andhra Pradesh Karimnagar Sircilla Ph : 08723 - 233134 / 326600 103 Andhra Pradesh Karimnagar Peddapally,Karim Nagar Ph : 08728- 221044/ 323839 104 Andhra Pradesh Khammam Aswaraopet Ph : 08740 - 255477 / 9347627936 105 Andhra Pradesh Khammam BCM Road Kothagudem Ph : 08744 - 245560 / 326009 106 Andhra Pradesh Khammam Gandhi Chowk Khammam Ph : 08742 - 237123 / Nil 107 Andhra Pradesh Khammam Kothagudam Ph : 08744 - 242439 / 322762 108 Andhra Pradesh Khammam Kothagudem Post Office Ph : 08744 - 242436 / 322710 109 Andhra Pradesh Khammam Madhira Ph : 08749 - 272231 / 320270 110 Andhra Pradesh Khammam Manuguru Ph : 08746 - 220990 / Nil 111 Andhra Pradesh Khammam Palvancha Ph : 08744 - 252294 / 322661 112 Andhra Pradesh Khammam Sathupally Ph : 08761 - 282789 / Nil 113 Andhra Pradesh Khammam Satyanarayanapuram Ph : 0866 - 2534277 / 3201197 114 Andhra Pradesh Khammam Yellandu Ph : 08745 - 255255 / 322001 115 Andhra Pradesh Khammam Vinodmahal Center Khammam Ph : 08742 - 222982/ 322610 116 Andhra Pradesh Krishna 100 Feet Road-Autonagar Ph : 0866 - 2544276 / 3200787 117 Andhra Pradesh Krishna Auto Nagar Ph : 0866 - 2554909 / 3200787 118 Andhra Pradesh Krishna Avanigadda Ph : 08671 - 272886 / 321969 119 Andhra Pradesh Krishna BENZCIRCLE Ph : 0866 - 2471787 / 3202101 120 Andhra Pradesh Krishna Bhavanipuram Ph : 0866 - 2418922 / 3244381 121 Andhra Pradesh Krishna Chittinagar Ph : 0866 - 2511505 / 3201189 122 Andhra Pradesh Krishna Governerpet Eluru Ph : 0866 - 2577173 / 3209809 123 Andhra Pradesh Krishna Governorpet Ph : 0866 - 2574007 / 3200785 124 Andhra Pradesh Krishna Governorpet Center Ph : 0866 - 2578166 / 3245066 125 Andhra Pradesh Krishna Gudivada Ph : 08674 - 244945 / 320487 126 Andhra Pradesh Krishna Gunadala Centre Ph : 0866 - 2453387 / 3244510 127 Andhra Pradesh Krishna Islampeta Ph : 0866 - 2561677 / 3205617 128 Andhra Pradesh Krishna Jaggayypeta Ph : 08654 - 224200 / 325412 129 Andhra Pradesh Krishna Kankipadu Ph : 0866 - 2822220 / 3244952 130 Andhra Pradesh Krishna Kothavanthena Centre Ph : 0866 - 2436255 / 3244360 131 Andhrapradesh Krishna Machavaram Ph : 0866 - 2433944 / 3252262 132 Andhra Pradesh Krishna Machavaram Centre Ph : 0866 - 2433944 / 3207076 133 Andhra Pradesh Krishna Machilipatnam Ph : 08672 - 231233 / 329000 134 Andhra Pradesh Krishna Mogalarajapuram Ph : 0866 - 2486155 / 3205919 135 Andhra Pradesh Krishna Nagayalanka Ph : 08671 - 274649 / Nil 136 Andhra Pradesh Krishna Nandigam,Krishna Ph : 08678 - 275066 / 320465 137 Andhra Pradesh Krishna Nuzvid Ph : 08656 - 235842 / 320800 138 Andhra Pradesh Krishna One Town Ph : 0866 - 2566266 / 3200544 139 Andhra Pradesh Krishna Pancha Centre Ph : 0866 - 2566465 / 3200404 140 Andhra Pradesh Krishna Patamata Centre Ph : 0866 - 2496255 / 3205614 141 Andhra Pradesh Krishna Pedana Ph : 08672 - 248009 / 320997 142 Andhra Pradesh Krishna Pushpahotel Centre-Vijayawada Ph : 0866 - 2439166 / 3252228 143 Andhra Pradesh Krishna Ramavarpadu Centre Ph : 0866 - 2841366 / 3194442 144 Andhra Pradesh Krishna Tanuku Ph : 08819 - 227791 / 322559 145 Andhra Pradesh Krishna Tiruvuru Ph : 08673 - 253707 / 320739 146 Andhra Pradesh Krishna Veternary Colony Ph : 0866 - 2455122 / 3252500 147 Andhra Pradesh Krishna Visannapet Ph : 08673 - 272644 / 320740 148 Andhra Pradesh Kurnool Ananthapur Clock Tower Ph : 08554 - 244387 / 322969 149 Andhra Pradesh Kurnool Bypass Road, Nandyala Ph : 08514 - 241551 / 322504 150 Andhra Pradesh Kurnool Kurnool Ph : 08518 - 223337 / 313933 Annual Report 2010-11 94

Branch Network (Contd.)

SLNO STATE DISTRICT BRANCH NAME PHONE NO 151 Andhra Pradesh Kurnool New Bus Stand,Kurnul Ph : 08518 - 257484 / 329938 152 Andhra Pradesh Kurnool NGR Colony Ph : 08518 - Nil / 316490 153 Andhra Pradesh Medak Medak Ph : 08452 - 220999 / 321973 154 Andhra Pradesh Medak Sangareddy Ph : 08455 - 275587 / 321535 155 Andhra Pradesh Medak Siddipet Ph : 08457 - 220004 / 321711 156 Andhra Pradesh Medak Zahirabad Ph : 08451 - 275025 / 320999 157 Andhra Pradesh Mehboobnagar Achampet Ph : 08541 - 272090 / 9393928199 158 Andhra Pradesh Mehboobnagar Bheem Nagar Gadwal Ph : 08546 - 272688 / 321625 159 Andhra Pradesh Mehboobnagar Chakripuram X Road Ph : 040 - Nil / 31003267 160 Andhra Pradesh Mehboobnagar Clock Tower Mahbubnagar Ph : 08542 - 241210 / 320999 161 Andhra Pradesh Mehboobnagar Hanuman Nagar Ph : 08542 - 275175 / 327282 162 Andhra Pradesh Mehboobnagar Nagar Kurnool Ph : 08540 - 230299 / 9347627935 163 Andhra Pradesh Mehboobnagar Padmavathi Colony Ph : 08542 - 270025 / 327281 164 Andhra Pradesh Nalgonda Bhongir Ph : 08685 - 242236 / 321944 165 Andhra Pradesh Nalgonda Clock Tower Nalgonda Ph : 08682 - 220131 / 323014 166 Andhra Pradesh Nalgonda M.G. Road Suryapet Ph : 08684 - 220100 / 326710 167 Andhra Pradesh Nalgonda Nalgonta Ph : 08682 - 230066 / 323008 168 Andhra Pradesh Nalgonda Prakasham Bazar Ph : 08682 - 230232 / 324442 169 Andhra Pradesh Nalgonda Ramgiri Ph : 08682 - 224020 / 323020 170 Andhra Pradesh Nalgonda Suryapet Ph : 08684 - 223281 / 325900 171 Andhra Pradesh Nalgonda Tathanagar Bhongir Ph : 08685 - 242238 / 324333 172 Andhra Pradesh Nellore Kavali Ph : 08626 - 240488 / 324878 173 Andhra Pradesh Nellore Naidupeta Ph : 08623 - 247067 / 326081 174 Andhra Pradesh Nellore Nellore Ph : 0861 - 2300296 / 3205312 175 Andhra Pradesh Nellore Subedarpet Nellore Ph : 0861 - 2347771 / 3206022 176 Andhra Pradesh Nellore Sullurpeta Ph : 08623 - 234234 / 326082 177 Andhra Pradesh Nellore Vedaipallem Ph : 0861 - 2330084 / 3205341 178 Andhra Pradesh Nellore Dargamitta Ph : 0861- 2330083/ 3205342 179 Andhra Pradesh Nizamabad Bodhan Ph : 08467 - 220230 / 326043 180 Andhra Pradesh Nizamabad Kamareddy Ph : 08468 - 222777 / 329060 181 Andhra Pradesh Nizamabad Malapally Ph : 08462 - 232666 / 310495 182 Andhra Pradesh Nizamabad Nizamabad Ph : 08462 - 231515 / 310492 183 Andhra Pradesh Nizamabad Rashtrapathy Road Ph : 08462 - 231666 / 327222 184 Andhra Pradesh Prakasam Chirala Ph : 08594 - 239988 / 326780 185 Andhra Pradesh Prakasam Kandukuru Ph : 08598 - 221400 / 320961 186 Andhra Pradesh Prakasam Kanigiri Ph : 08402 - 272227 / 9390479761 187 Andhra Pradesh Prakasam Ongole Ph : 08592 - 227447 / 324445 188 Andhra Pradesh Prakasam Ongole Court Road Ph : 08592 - 281311 / 322690 189 Andhra Pradesh Prakasam Perala Ph : 08594 - 220088 / 322404 190 Andhra Pradesh Prakasam Podili Ph : 08499 - 242144 / 9390893904 191 Andhra Pradesh Prakasam Singarayakonda Ph : 08598 - 236610 / 320960 192 Andhra Pradesh Rangareddy A.S. Rao Nagar Ph : 040 - 27120580 / 32210310 193 Andhra Pradesh Rangareddy Abids Ph : 040 - 23200649 / 32951820 194 Andhra Pradesh Rangareddy Abids Gunfoundry Ph : 040 - 23230178 / 32210054 195 Andhra Pradesh Rangareddy Adikmet Road Ph : 040 - 27600255 / 32210592 196 Andhra Pradesh Rangareddy Afsal Gung Ph : 040 - 24730070 / 32570625 197 Andhra Pradesh Rangareddy Alampally Road Ph : 08416 - 252313 / 322403 198 Andhra Pradesh Rangareddy Alwal Ph : 040 - 27940067 / 32581127 199 Andhra Pradesh Rangareddy Amberpet Ph : 040 - 27403378 / 32577853 200 Andhra Pradesh Rangareddy Amberpet Junction-Hyderabad Ph : 040 - 27563061 / 31003061 201 Andhra Pradesh Rangareddy Ameerpet Balkampet Road Ph : 040 - 23701255 / 32210113 202 Andhra Pradesh Rangareddy Ameerpet Centre Ph : 040 - 23730484 / 32210112 203 Andhra Pradesh Rangareddy Anand Bag Ph : 040 - 27240073 / 32210021 204 Andhra Pradesh Rangareddy Anandhbagh Cross Road Ph : 040 - 27242899 / 31002912 205 Andhra Pradesh Rangareddy Ashok Nagar Ph : 040 - 27600047 / 32210031 206 Andhrapradesh Rangareddy Attapur Ph : 040 - 24002550 / 32480044 207 Andhra Pradesh Rangareddy Attapur Center Ph : 040 - 24002550 / 32480044 208 Andhra Pradesh Rangareddy B N Reddy Nagar Ph : 040 - 24242479 / 31003042 209 Andhra Pradesh Rangareddy B R Reddy Nagar Colony Ph : 040 - Nil / 31003059 210 Andhra Pradesh Rangareddy Badepalli Ph : 08542 - 235550 / 327266 211 Andhra Pradesh Rangareddy Bala Nagar Ph : 040 - 23872201 / Nil 212 Andhra Pradesh Rangareddy Bala Nagar X Road Ph : 040 - 23770687 / 32570414 213 Andhra Pradesh Rangareddy Balkampet Hyderabad Ph : 040 - 23701360 / 32592401 214 Andhra Pradesh Rangareddy Bandlaguda Ph : 040 - 24443300 / 32577746 215 Andhra Pradesh Rangareddy Banjara Hills Ph : 040 - 23387439 / 32580890 216 Andhra Pradesh Rangareddy Bapuji Nagar Ph : 040 - 27750553 / 32210841 217 Andhra Pradesh Rangareddy Barkatpura Ph : 040 - 27550267 / 32210107 218 Andhra Pradesh Rangareddy Bazarghat Ph : 040 - 2323666 / 32216155 219 Andhra Pradesh Rangareddy Begum Bazar Ph : 040 - 24608991 / 31000977 220 Andhra Pradesh Rangareddy Bhadurapura Ph : 040 - 24473313 / 32577251 221 Andhra Pradesh Rangareddy Bibi Bazar Ph : 040 - 24521162 / 32595300 222 Andhra Pradesh Rangareddy Borabanda Ph : 040 - 23844080 / 32577298 223 Andhra Pradesh Rangareddy Budhanagar Uppal Ph : 040 - 27200381 / 32210087 224 Andhra Pradesh Rangareddy Champapet Ph : 040 - Nil / 32211174 225 Andhra Pradesh Rangareddy Chandha Nagar Ph : 040 - 23030660 / Nil Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 95 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO 226 Andhra Pradesh Rangareddy Chandrayangutta Ph : 040 - 20022021 / 32210315 227 Andhra Pradesh Rangareddy Charminar Ph : 040 - 24500017 / 32210109 228 Andhra Pradesh Rangareddy Chatta Bazar Ph : 040 - 24416061 / 31003063 229 Andhra Pradesh Rangareddy Chilakalaguda Ph : 040 - 27503003 / 32592800 230 Andhra Pradesh Rangareddy Chindal Ph : 040 - 23080798 / 32577640 231 Andhra Pradesh Rangareddy Clock Tower Ph : 040 - 27710079 / 32210110 232 Andhra Pradesh Rangareddy Diamond Point SikhRoad Ph : 040 - Nil / 32211104 233 Andhra Pradesh Rangareddy Dilsukhnagar Ph : 040 - 24050369 / 32996881 234 Andhra Pradesh Rangareddy Falaknuma Ph : 040 - 24380082 / 32210413 235 Andhra Pradesh Rangareddy Ferozguda Ph : 040 - 23770478 / 32210586 236 Andhra Pradesh Rangareddy Gaythri Nagar X Road Ph : 040 - 24098799 / 32593813 237 Andhra Pradesh Rangareddy Ghatkesar Ph : 08415 - 224888 / 325744 238 Andhra Pradesh Rangareddy Gosh Mahal Centre Ph : 040 - 24653575 / 31003067 239 Andhra Pradesh Rangareddy Gowliguda Chaman Ph : 040 - 24730039 / 32210412 240 Andhra Pradesh Rangareddy Habsiguda Cross Road Ph : 040 - 27175889 / 31000976 241 Andhra Pradesh Rangareddy Hasmathpet Ph : 040 - 27951131 / 31000965 242 Andhra Pradesh Rangareddy Hastinapur Ph : 040 - 24244099 / 32594300 243 Andhra Pradesh Rangareddy Himayathnagar Ph : 040 - 27600254 / 32210215 244 Andhra Pradesh Rangareddy HMT Nagar Nacharam Ph : 040 - 27177118 / 32598407 245 Andhra Pradesh Rangareddy Hyder Nagar Ph : 040 - 42603454 / 31003102 246 Andhra Pradesh Rangareddy Indira Nagar Ph : 040 - 24111766 / 32211106 247 Andhra Pradesh Rangareddy Jawahar Nagar Hyderabad Ph : 040 - 27607666 / 31002937 248 Andhra Pradesh Rangareddy Kachiguda Ph : 040 - 27560070 / 32210312 249 Andhra Pradesh Rangareddy Kamala Nagar Ph : 040 - 27134968 / 32944605 250 Andhra Pradesh Rangareddy Karkhana Ph : 040 - Nil / 32210060 251 Andhra Pradesh Rangareddy Katadhan Ph : 040 - 24363775 / 31003020 252 Andhra Pradesh Rangareddy Kavadiguda Ph : 040 - 27543999 / 32218399 253 Andhra Pradesh Rangareddy Keesara Ph : 08418 - 285007 / 326928 254 Andhra Pradesh Rangareddy Khairadabad Ph : 040 - 23321179 / 32434340 255 Andhra Pradesh Rangareddy Khairathabad Center Ph : 040 - 42300906 / 3240034 256 Andhra Pradesh Rangareddy Kishanbagh Ph : 040 - 24470040 / 32560843 257 Andhra Pradesh Rangareddy Kothapet Ph : 040 - 24038483 / 40100794 258 Andhra Pradesh Rangareddy Koti Ph : 040 - 24600073 / 32210411 259 Andhra Pradesh Rangareddy Kukatpally Ph : 040 - 23051170 / 32975253 260 Andhra Pradesh Rangareddy Kukkatpally Centre Ph : 040 - 23060571 / 32210005 261 Andhra Pradesh Rangareddy Kushaiguda Ph : 040 - 27120111 / 31002942 262 Andhra Pradesh Rangareddy L.B. Nagar Ph : 040 - 24030291 / 31002967 263 Andhra Pradesh Rangareddy L.B. Nagar RTC Colony Ph : 040 - 24031289 / 32210034 264 Andhra Pradesh Rangareddy Lalbazar Ph : 040 - 23140127 / 32583022 / 42615256 265 Andhra Pradesh Rangareddy Langer House Ph : 040 - 23510181 / 32210023 266 Andhra Pradesh Rangareddy Mahaboobnagar New Town Ph : 08542 - 243635 / 327283 267 Andhra Pradesh Rangareddy Mahbubnagar Ph : 08542 - 221911 / 327286 268 Andhra Pradesh Rangareddy Malakpet Ph : 040 - 24551063 / 32578235 269 Andhra Pradesh Rangareddy Malkajigiri Ph : 040 - 27052439 / 32002041 270 Andhra Pradesh Rangareddy Mallapur Ph : 040 - 27150211 / 32210219 271 Andhra Pradesh Rangareddy Marredpally Ph : 040 - Nil / 32577358 / 40130857 272 Andhra Pradesh Rangareddy Medipattanam Ph : 040 - 20030049 / 32570602 273 Andhra Pradesh Rangareddy Meerbag Colony Ph : 08682 - 220169 / 323013 274 Andhra Pradesh Rangareddy Mettuguda Ph : 040 - 27829006 / 32210063 275 Andhra Pradesh Rangareddy Mirjalguda Ph : 040 - 27058982 / 31000968 276 Andhra Pradesh Rangareddy Moghal Nagar Ph : 040 - 23522007 / 32581718 277 Andhra Pradesh Rangareddy Moula Ali Ph : 040 - Nil / 32588667 278 Andhra Pradesh Rangareddy Moulaali HB Colony Ph : 040 - 27133576 / 32214233 279 Andhra Pradesh Rangareddy Musharabad Ph : 040 - 27675676 / 32951803 280 Andhra Pradesh Rangareddy N G O Colony Vanasthalipuram Ph : 040 - 24243099 / 31002918 281 Andhrapradesh Rangareddy Nacharam Ph : 040 - 27170012 / 32210003 282 Andhra Pradesh Rangareddy Nagole Ph : 040 - 24145116 / 32210121 283 Andhra Pradesh Rangareddy Nallakunta Ph : 040 - Nil / 31000972 284 Andhra Pradesh Rangareddy Narayanaguda Ph : 040 - 27565757 / 32211030 285 Andhra Pradesh Rangareddy Neredmet Ph : 040 - 27110090 / 32210024 286 Andhra Pradesh Rangareddy New Bownpalli Ph : 040 - 27752036 / 32578026 287 Andhra Pradesh Rangareddy New Malakpet Ph : 040 - 24510172 / 32210080 288 Andhra Pradesh Rangareddy Nirmal Nagar, Karmanghat Ph : 040 - 24090021 / 31003189 289 Andhra Pradesh Rangareddy Padmarao Nagar Ph : 040 - 27500298 / 32210046 290 Andhra Pradesh Rangareddy Patencheru Ph : 08455 - 245968 / 08452 - 324320 291 Andhra Pradesh Rangareddy Picket Ph : 040 - 32210590 / 40122529 292 Andhra Pradesh Rangareddy Ram Nagar Ph : 040 - 26772065 / 32588323 293 Andhra Pradesh Rangareddy Ramachandrapuram Hyderabad Ph : 040 - Nil / 31002933 294 Andhra Pradesh Rangareddy Ramanathapur Ph : 040 - 27034131 / 32577120 295 Andhra Pradesh Rangareddy Ratibowli Ph : 040 - 23519905 / 32570602 296 Andhra Pradesh Rangareddy S R Nagar Ph : 040 - 23700931 / 32210130 297 Andhra Pradesh Rangareddy Safal Guda Ph : 040 - 27223201 / 32577595 298 Andhra Pradesh Rangareddy Saidabad Ph : 040 - 24537229 / 32211141 299 Andhra Pradesh Rangareddy Santhosh Nagar Ph : 040 - 24330021 / 31003268 Annual Report 2010-11 96

Branch Network (Contd.)

SLNO STATE DISTRICT BRANCH NAME PHONE NO 300 Andhra Pradesh Rangareddy Secondarabad Subash Road Ph : 040 - 27700962 / 32571262 301 Andhra Pradesh Rangareddy Secunderabad Ph : 040 - 27890203 / 32968010 302 Andhra Pradesh Rangareddy Secunderabad Railway Station Ph : 040 - 27712431 / 32210313 303 Andhra Pradesh Rangareddy Shah Ali Banda Ph : 040 - 24560277 / 32210936 304 Andhra Pradesh Rangareddy Shivram Palli Ph : 040 - Nil / 32595408 305 Andhra Pradesh Rangareddy Srikrishna Nagar Ph : 040 - 23549934 / 31003122 306 Andhra Pradesh Rangareddy Tard Bund Hyderabad Ph : 040 - 27759913 / 31003052 307 Andhra Pradesh Rangareddy Thilaknagar Hyderabad Ph : 040 - 27650006 / 32210052 308 Andhra Pradesh Rangareddy Tolichowki Ph : 040 - 23560487 / 31003066 309 Andhra Pradesh Rangareddy Tolichowki-Hyderabad Ph : 040 - 23560022 / 32577613 310 Andhra Pradesh Rangareddy Uppal Ph : 040 - 27201590 / 32002040 311 Andhra Pradesh Rangareddy Uppal Ring Road Ph : 040 - 27209993 / 32211165 312 Andhra Pradesh Rangareddy Vanasthalipuram Ph : 040 - 24020327 / 32210048 313 Andhra Pradesh Rangareddy Vidyanagar Ph : 040 - 27400237 / 32210053 314 Andhra Pradesh Rangareddy Vijayanagar-Colony Ph : 040 - Nil / 31003058 315 Andhra Pradesh Rangareddy Vikarbad Ph : 08416 - 252137 / 321262 316 Andhra Pradesh Rangareddy Warasiguda Ph : 040 - 27504301 / 32580922 317 Andhra Pradesh Rangareddy Yousufguda Ph : 040 - 23740218 / 32210309 318 Andhra Pradesh Rangareddy Santhoshnagar-Hyderabad Ph : 040 - 24532066 / 32583011 319 Andhra Pradesh Rangareddy Balapur X Road Ph : 08415 - 245017 / 040 - 31003273 320 Andhra Pradesh Srikakulam Amudalavalasa Ph : 08942 - 286089 / Nil 321 Andhra Pradesh Srikakulam Day and Night Junction Ph : 08942 - 222503 / 324912 322 Andhra Pradesh Srikakulam Ichapuram Ph : 08947 - 232353 / 08922 - 322016 323 Andhra Pradesh Srikakulam Srikakulam GT Road Ph : 08942 - 222502 / 324857 324 Andhra Pradesh Srikakulam Srikakulam Old Bus Stand Ph : 08942 - 222504 / 324913 325 Andhra Pradesh Srikakulam Thekkali Ph : 08945 - 244022 / 325790 326 Andhra Pradesh Vijayanagaram Bobbili Ph : 08944 - 254535 / 322532 327 Andhra Pradesh Vijayanagaram Kota Centre Ph : 08922 - 234477 / 326564 328 Andhra Pradesh Vijayanagaram Ramabadhrapuram Ph : 08964 - 250623 / 9393928198 329 Andhra Pradesh Vijayanagaram Salur Ph : 08964 - 252187 / 9393702773 330 Andhra Pradesh Vijayanagaram Vijayanagaram Ph : 08922 - 235577 / 322030 331 Andhra Pradesh Vishakapatnam Aganampudi Ph : 0891 - 2549545 / 3260813 332 Andhra Pradesh Vishakapatnam Akkayapalam Visakhapatnam Ph : 0891 - 2790925 / 3249370 333 Andhra Pradesh Vishakapatnam Anakapalle Ph : 08924 - 225422 / 324677 334 Andhra Pradesh Vishakapatnam Arilova Ph : 0891 - 2720388 / 3208419 335 Andhra Pradesh Vishakapatnam Atchutapuram Ph : 08924 - 253655 / 326606 336 Andhra Pradesh Vishakapatnam Bheemunipatnam Ph : 08933 - 229890 / 320815 337 Andhra Pradesh Vishakapatnam Chodavaram Ph : 08934 - 245278 / 321705 338 Andhra Pradesh Vishakapatnam Dhabagarden Ph : 0891 - 2591101 / 3208033 339 Andhra Pradesh Vishakapatnam Dwarakanagar Ph : 0891 - 2798599 / 3249440 340 Andhra Pradesh Vishakapatnam Gajuwaka Ph : 0891 - 2543505 / 3267683 341 Andhra Pradesh Vishakapatnam Gopalapatnam Ph : 0891 - 2734130 / 3207898 342 Andhra Pradesh Vishakapatnam H B Colony Ph : 0891 - 2794260 / 3260696 343 Andhra Pradesh Vishakapatnam Isukathota Ph : 0891 - 2567317 / 3243894 344 Andhra Pradesh Vishakapatnam Kancharapalem Ph : 0891 - 2733166/ 3205319 345 Andhra Pradesh Vishakapatnam Kurmanapalem Ph : 0891 - 2753627 / 3249410 346 Andhra Pradesh Vishakapatnam Madhilipalam Road NAD Ph : 0891 - 2575691 / 3247592 347 Andhra Pradesh Vishakapatnam Madhuravada Ph : 0891 - 2558965 / 3260966 348 Andhra Pradesh Vishakapatnam Maripalam Road NAD Ph : 0891 - 2517432 / 3207335 349 Andhra Pradesh Vishakapatnam Mayuri Junction Ph : 08922 - 235477 / 322025 350 Andhra Pradesh Vishakapatnam Muralinagar Ph : 0891 - 2723439 / 3208183 351 Andhra Pradesh Vishakapatnam Narasipatnam Ph : 08932 - 224437 / 322307 352 Andhra Pradesh Vishakapatnam Poorna Market Ph : 0891 - 2713437 / 3268486 353 Andhra Pradesh Vishakapatnam Rajam Ph : 08941 - 251956 / 321814 354 Andhra Pradesh Vishakapatnam Ramnagar Vishakapatnam Ph : 0891 - 3249380 / 6638354 355 Andhrapradesh Vishakapatnam Vizag Ph : 0891 - 2529876 / 3209660 356 Andhra Pradesh Vishakapatnam Vuyyuru Ph : 08676 - 233343 / 325663 357 Andhra Pradesh Vishakapatnam S Kota Ph : 08966-276044/320276 358 Andhra Pradesh Vizianagaram M.G. Road Vijayanagaram Ph : 08922 - 230189 / 322791 359 Andhra Pradesh Vizianagaram Nellimarla Ph : 0922 - 244000 / 322790 360 Andhra Pradesh Warangal Desaipet Road Warangal Ph : 0870 - 2420733 / 3202933 361 Andhra Pradesh Warangal Hanamkonda Ph : 0870 - 2455740 / 3202888 362 Andhra Pradesh Warangal Hanamkonda Bus Stand Ph : 0870 - 2449050 / 3264333 363 Andhra Pradesh Warangal Janagaon Ph : 08716 - 220056 / 322091 364 Andhra Pradesh Warangal JPN Road Warangal Ph : 0870 - 2421048 / 3269239 365 Andhra Pradesh Warangal Kashibugga Ph : 0870 - 2444428 / 3299615 366 Andhra Pradesh Warangal Kazipet Ph : 0870 - 2566631 / 3299610 367 Andhra Pradesh Warangal Mahabubabad Ph : 08719 - 240141 / 327166 368 Andhra Pradesh Warangal Naim Nagar Branch Ph : 0870 - 2570656 / 3299619 369 Andhra Pradesh Warangal Narasampet Ph : 08718 - 230344/ 321985 370 Andhra Pradesh Warangal Parkal Ph : 08713 - 240066 / 9393989918 371 Andhra Pradesh Warangal S V N Road Warangal Ph : 0870 - 2421788 / 3250001 372 Andhra Pradesh Warangal Subedari Warrangal Ph : 0870 - 2455742 / 3202909 373 Andhra Pradesh Warangal Torrur Ph : 08719 - 230280 / 327165 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 97 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO 374 Andhra Pradesh Warangal Warangal Ph : 0870 - 2420156 / 3250001 375 Andhra Pradesh Warangal Wyra Road, Khammam Ph : 08742 - 222983 / 314113 376 Andhra Pradesh West Godavari Akiveedu Ph : 08813 - 252520 / 08816 - 322524 377 Andhra Pradesh West Godavari Bhimavaram J P Road Ph : 08816 - Nil / 322522 378 Andhra Pradesh West Godavari Bhimavaram PP Road Ph : 08816 - 237417 / 322735 379 Andhra Pradesh West Godavari Eluru Ph : 08812 - 227472 / 320507 380 Andhra Pradesh West Godavari Eluru R R Pet Ph : 08812 - 244468 / 322015 381 Andhra Pradesh West Godavari Hanuman Junction Ph : 08656 - 242223 / 320711 382 Andhra Pradesh West Godavari Jangareddy Gudem Ph : 08821- 223365 / 326034 383 Andhra Pradesh West Godavari Narsapuram Ph : 08814 - 276650 / 322174 384 Andhra Pradesh West Godavari Nidadavole Ph : 08813 - 223500 / 324878 385 Andhra Pradesh West Godavari Palakollu Ph : 08814 - 228558 / 322167 386 Andhra Pradesh West Godavari Tadepalligudem Ph : 08818 - 229900 / 324211 387 Bihar Patna Boring Road Patna Ph : 0612 - Nil / 3211620 388 Chattisgarh Bilasppur Bus Stand, Bilaspur Ph : 07752 - Nil / 321272 389 Chattisgarh Bilasppur Sarkanda Ph : 07752 - Nil / 321274 390 Chattisgarh Bilasppur Vyapar Vihar Ph : 07752 - Nil / 327742 391 Chattisgarh Durg Chouhan Estate Ph : 0788 - Nil / 3224876 392 Chattisgarh Durg Gurudwara Station Road Ph : 0788 - 3221049 / 4011681 393 Chattisgarh Durg Maharaja Chowk Ph : 0788 - 2344115 / 3220683 394 Chattisgarh Durg Malviya Nagar Square Ph : 0788 - Nil / 3204280 395 Chattisgarh Durg Santrabadi Ph : 0788 - Nil / 3221050 396 Chattisgarh Durg Smithi Nagar, Bhilai Ph : 0788 - 2290368 / 3226452 397 Chattisgarh Korba Niharika Talkies Ph : 07759 - 221156 / 320047 398 Chattisgarh Korba Power House Road Ph : 07759 - 221155 / 320041 399 Chattisgarh Korba Transport Nagar Ph : 07759 - 245031 / 320038 400 Chattisgarh Raigarh Ramnivas Talkies Road Ph : 07762 - 220108 / 321501 401 Chattisgarh Raipur Badaipara Ph : 0771 - 2539940 / 3260318 402 Chattisgarh Raipur Banpuri Ph : 0771 - Nil / 3260181 403 Chattisgarh Raipur Pandri Ph : 0771 - 2582875 / 3260317 404 Daman And Diu Daman Daman Ph : 0260 - 2260005 / 3269939 405 Delhi Delhi Chenna Market Ph : 011 - 25812134 / 32212210 406 Delhi Delhi Dabri Road Ph : 011 - 25390912 / 32220523 407 Delhi Delhi Dilshad Colony Ph : 011 - 22352050 / 32311277 408 Delhi Delhi Durgapuri Chowk Delhi Ph : 011 - 22821561 / 32995715 409 Delhi Delhi Dwaraka Sector-7 Ph : 011 - 31901819 / 45725780 410 Delhi Delhi Geetha Colony Ph : 011 - 22420292 / 32210510 411 Delhi Delhi Govindpuri Ph : 011 - 26429608 / 32220142 412 Delhi Delhi Guru Angad Nagar Ph : 011 - 22523002 / 32033626 413 Delhi Delhi Hari Nagar Ph : 011 - 25133657 / 32211955 414 Delhi Delhi Inderpuri Ph : 011 - 25832572 / 32220928 415 Delhi Delhi Indra Park Ph : 011 - 25051884 / 32220177 416 Delhi Delhi Jagatpuri Ph : 011 - 22437587 / Nil 417 Delhi Delhi Janakpuri Ph : 011 - 25617007 / 32435012 418 Delhi Delhi Janakpuri D Block Ph : 011 - 28525479 / 32212231 419 Delhi Delhi Janakpuri East Ph : 011 - 25993776 / 32310027 420 Delhi Delhi Kakardooma Ph : 011 - 22376452 / 32435011 421 Delhi Delhi Kalkaji L1 Market Ph : 011 - 26023010 / 32435010 422 Delhi Delhi Karolbagh Ph : 011 - 25861288 / 32553252 423 Delhi Delhi Keshavpur Depo Ph : 011 - 28336532 / 32311293 424 Delhi Delhi Kingsway GTB Nagar Ph : 011 - 45151494 / 32210993 425 Delhi Delhi Krishnan Nagar Ph : 011 - 22099565 / 32211867 426 Delhi Delhi Laxmi Nagar Ph : 011 - 22054597 / 32542711 427 Delhi Delhi Mahavir Enclave Ph : 011 - 2505938 / 32076038 428 Delhi Delhi Mahipalpur Ph : 011 - 26783397 / 32075333 429 Delhi Delhi Mangol Puri Ph : 011 - 27918023 / 32213516 430 Delhi Delhi Mayur Vihar Phase 1 Ph : 011- 22758672 / 32027908 431 Delhi Delhi Mayur Vihar Phase-3 Ph : 011 - 22625350 / 32317600 432 Delhi Delhi Model Town Ph : 011 - 32213217 / 47884773 433 Delhi Delhi Najafgarh Ph : 011 - 25015161 / 32212374 434 Delhi Delhi Nangloi Market Ph : 011 - 25947558 / 32212009 435 Delhi Delhi Naraina Ring Road Ph : 011 - 25770128 / 32212312 436 Delhi Delhi Old Rajinder Nagar Ph : 011 - 25757372 / Nil 437 Delhi Delhi Padamsingh Road Karol Bagh Ph : 011 - 25810334 / 32212273 438 Delhi Delhi Paharganj Ph : 011 - 23514780 / 32212214 439 Delhi Delhi Palam Colony Ph : 011 - 25361249 / 32211219 440 Delhi Delhi Piragarhi Ph : 011 - 25281233 / Nil 441 Delhi Delhi Rajapuri Ph : 011 - 32220131 / 45683493 442 Delhi Delhi Ranibagh Ph : 011 - 32212310 / 43709613 443 Delhi Delhi Rohini Ph : 011 - 27940514 / 32542712 444 Delhi Delhi Rohini Sec 3 Ph : 011 - 27512432 / 32220036 445 Delhi Delhi Shalimarbagh Ph : 011 - 27475321 / 32435009 446 Delhi Delhi Shastri Nagar Ph : 011 - 23654553 / 32097849 447 Delhi Delhi Tilak Nagar Ph : 011 - 25990292 / 32553253 448 Delhi Delhi TRI Nagar Delhi Ph : 011 - 27384585 / 32311304 Annual Report 2010-11 98

Branch Network (Contd.)

SLNO STATE DISTRICT BRANCH NAME PHONE NO 449 Delhi Delhi Tughlakabad Extension Kalkaji Ph : 011- Nil / 32221026 450 Delhi Delhi Utham Nagar Ph : 011 - 25355376 / 32210048 451 Delhi Delhi Vasanth Kunj Ph : 011 - 26134130 / 32210991 452 Delhi Delhi Vishnu Garden Ph : 011 - 25982237 / 32220618 453 Delhi Delhi Kalkaji Ph : 011 - 26027888 / 32553255 454 Delhi Rohtak Civil Road Rohtak Ph : 01262 - 271462 / 343667 455 Delhi Rohtak Rohtak Subhash Chowk Ph : 01262 - 271397 / 343659 456 Goa North Goa Ponda Goa Ph : 0832 - 2319230 / 3269739 457 Goa South Goa Vishant Road Goa Ph : 0832 - 2733130 / 3192020 458 Gujarat Ahmedabad Amraiwadi Ph : 079 - 25850694 / 32422511 459 Gujarat Ahmedabad Bapu Nagar Ahamedabad Ph : 079 - 22700266 / 32943200 460 Gujarat Ahmedabad Bopal Ahmedabad Ph : 02717 - Nil / 321742 461 Gujarat Ahmedabad Chandakeda Ph : 079 – 23972688 / 32000906 462 Gujarat Ahmedabad Ghatlodia Ph : 079 - 27302174 / 32420119 463 Gujarat Ahmedabad Gurukul Road Ph : 079 - 32000030 / 40054890 464 Gujarat Ahmedabad Himmath Nagar Ahmedabad Ph : 02772 - Nil / 321041 465 Gujarat Ahmedabad Ishanpur Ahmedabad Ph : 079 - Nil / 32449818 466 Gujarat Ahmedabad Jamalpur Ph : 079 - 25393191 / 32420064 467 Gujarat Ahmedabad Kankaria Ph : 079 - 25431756 / 32415322 468 Gujarat Ahmedabad Lal Darwaja Ahemedabad Ph : 079 - 25500343 / 32449817 469 Gujarat Ahmedabad Naroda Ph : 079 - 22821863 / 32416101 470 Gujarat Ahmedabad Navrangpura Ph : 079 - 26401658 / 32910221 471 Gujarat Ahmedabad Nikhol Ph : 079 - Nil / 32456807 472 Gujarat Ahmedabad Odhav Ph : 079 - 22892623 / 32421718 473 Gujarat Ahmedabad Old Vadaj Ph : 079 - 27552919 / 32416300 474 Gujarat Ahmedabad Paldi Ph : 079 - 26601830 / 32212135 475 Gujarat Ahmedabad Ridhi Tower Ahamedabad Ph : 079 - 26921423 / 31908282 476 Gujarat Ahmedabad Sabarmathi Ph : 079 - 27516658 / 32422249 477 Gujarat Ahmedabad Sanand Chowkdi Ahmedabad Ph : 079 - Nil / 3219211 478 Gujarat Anand Anand Gujarat Ph : 02692 - 266516 / 311143 479 Gujarat Baroda Vadodara Ph : 0265 - 2225678 / 3241149 480 Gujarat Bharuch Ankleswar Bharuch Ph : 02646 - Nil / 310645 481 Gujarat Bharuch Bharuch Station Road Ph : 02642 - Nil / 310524 482 Gujarat Bhavnagar Gogha Circle Bhavnagar Ph : 0278 - 2565056 / 3201766 483 Gujarat Bhavnagar Ram Mandhir Bhavnagar Ph : 0278 - 2560421 / 3201681 484 Gujarat Jamnagar Khodiyar Colony Jamnagar Ph : 0288 - 2711878 / 3201213 485 Gujarat Jamnagar Pandit Nehru Road Jamnagar Ph : 0288 - Nil / 3192021 486 Gujarat Jamnagar Patel Colony Jamnagar Ph : 0288 - 2751087 / 3191919 487 Gujarat Jamnagar Ranjit Road Jamnagar Ph : 0288 - Nil / 3200260 488 Gujarat Mehsana Kadi Mehsana Ph : 02764 - Nil / 312169 489 Gujarat Mehsana Kalol Ph : 02764 - 220006 / 312168 490 Gujarat Mehsana Radhanpur Chowkdi Mehsana Ph : 02762 - 240684 / Nil 491 Gujarat Narmada Rajpipla Ph : 02640 - 220121 / 321443 492 Gujarat Navsari Bilimora West Ph : 02634 - 286615 / 325615 493 Gujarat Porbandar Liberty Road Porbandar Ph : 0286 - 2244199 / 3204889 494 Gujarat Porbandar Porbandar Gujarat Ph : 0286 - 2245646 / 3200119 495 Gujarat Rajkot Phulchhab Chowk Rajkot Ph : 0281 - Nil / 3240019 496 Gujarat Surat Adajen Main Road Ph : 0261 - 2760067 / 3241284 497 Gujarat Surat Aie Mata Road Ph : 0261 - 2363762 / 3111578 498 Gujarat Surat Amroli Surat Ph : 0261 - 2494037 / Nil 499 Gujarat Surat Atwagate Ph : 0261 - Nil / 3110210 500 Gujarat Surat Katargam Main Road Ph : 0261 - 2534566 / 3110023 501 Gujarat Surat Mahidharpura Ph : 0261 - 2453487 / 3111956 502 Gujarat Surat Pandeswara Surat Ph : 0261 - 2894336 / 3111035 503 Gujarat Surat Pipload Surat Ph : 0261 - 2256191 / 3110390 504 Gujarat Surat Ved Road Surat Ph : 0261 - 2511744 / 3110421 505 Gujarat Vadodara Abhilasha Chowkadi Gujarat Ph : 0265 - 2781962 / 3264544 506 Gujarat Vadodara Ajwa Road Vadodara Ph : 0265 - 2520546 / 3263884 507 Gujarat Vadodara Alakapuri Ph : 0265 - 2322187 / 3249886 508 Gujarat Vadodara Dayal Nagar Vadodara Ph : 0265 - 2520449 / 3191222 509 Gujarat Vadodara Iskcon Temple Road Ph : 0265 - 2340339 / 3263554 510 Gujarat Vadodara Jubileebaug Ph : 0265 - 2411783 / 3260211 511 Gujarat Vadodara Karelibaug Ph : 0265 - 2460617 / 3260005 512 Gujarat Vadodara Maneja Ph : 0265 - Nil / 3263562 513 Gujarat Vadodara Manjalpur Vadodara Ph : 0265 – Nil / 3264606 514 Gujarat Vadodara Nizampura Vadodara Ph : 0265 – Nil / 3263616 515 Gujarat Vadodara Tarsali Gujarath Ph : 0265 – Nil / 3264412 516 Gujarat Vadodara Waghodia Road Ph : 0265 - 2514885 / 3260436 517 Gujarat Valsad Bacher Road Valsad Ph : 02632 - 253206 / 322520 518 Gujarat Valsad Vapi East Ph : 0260 - 2420072 / 3269961 519 Haryana Ambala Ambala Cantt Ph : 0171 - 2641158 / 3200291 520 Haryana Ambala Manav Chawk Ambala Ph : 0171 - 2534384 / 3200733 521 Haryana Ambala Model Town Ambala Ph : 0171 - 2521366 / 3202631 522 Haryana Bhiwani Bhiwani Ph : 01664 - 245747 / 326988 523 Haryana Faridabad Faridabad Ph : 0129 - 2227059 / 3262201 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 99 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO 524 Haryana Faridabad Neelam Bata Chowk Ph : 0129 - 2412440 / 3230440 525 Haryana Faridabad NIT VK Chowk Road Ph : 0129 - 2411184 / 3290026 526 Haryana Faridabad Palwal Agra Road Ph : 01275 - 240108 / 310780 527 Haryana Faridabad Sector 29 Haryana Ph : 0129 - 2500286 / 3235727 528 Haryana Faridabad Sector 34 Huda Market Ph : 0129 - 2250759 / 3235728 / 4169335 529 Haryana Fatehgarh Saheb Derabassi Ph : 0176 - 2284481 / 01762 - 314922 530 Haryana Gurgaon Khandasa Road Gurgaon Ph : 0124 - 2370066 / 3212490 531 Haryana Gurgaon Lakshman Vihar Ph : 0124 - 2250150 / 3214812 532 Haryana Gurgaon New Railway Road Ph : 0124 - Nil / 3212063 / 4296612 533 Haryana Gurgaon Sheetala Mata Road Gurgaon Ph : 0124 - Nil / 3212416 534 Haryana Hissar Hissar Ph : 01662 - 247051 / 315780 535 Haryana Jhajjar Bahadurgarh Ph : 01276 - Nil / 311127 536 Haryana Jind Jind Ph : 01681 - 253654 / 323327 537 Haryana Kurukshetra Kurukshetra Sector 17 Ph : 01744 - 290151 / 323102 538 Haryana Panchkula Panchkula Ph : 0172 - 2586217 / 3203616 539 Haryana Panipat Sanjay Chowk Panipath Ph : 0180 - 2660215 / 4018259 540 Haryana Rohtak Sampla Rohtak Road Ph : 01262 - 263048 / 343657 541 Haryana Sonipat Sonepath Old DC Road Ph : 0130 - 2214168 / 3268896 542 Haryana Yamuna Nagar Yamuna Nagar Ph : 01732 - Nil / 346369 543 Jammu & Kashmir Jammu Bahu Plaza Jammu Ph : 0191 - 2479913 / Nil 544 Jammu & Kashmir Jammu Jammu-Residency Road Ph : 011 - 26027888 / 32553255 545 Karnataka Bagalkot Bagalkot Bus Stand Road Ph : 08354 - 220121 / 321006 546 Karnataka Bagalkot Jamkhandi Ph : 08353 - 220068 / 322392 547 Karnataka Bagalkot Mudhol Ph : 08350 - 280181 / 322452 548 Karnataka Bagalkot Vidyagiri Bagalkot Ph : 08354 - 233545 / 323235 549 Karnataka Bangalore Adugodi Ph : 080 - 25701955 / 32216361 550 Karnataka Bangalore Akshay Nagar Ph : 080 - 28474344 / 32210711 551 Karnataka Bangalore Amruthahalli Ph : 080 - 23627633 / 32217309 552 Karnataka Bangalore Andhrahalli Ph : 080 - 28365882 / 32954433 553 Karnataka Bangalore Anekal Ph : 080 - 27841688 / 08110 - 322010 554 Karnataka Bangalore Anekal Main Road Varthur Ph : 080 - 28538241 / 32557784 555 Karnataka Bangalore Arekere B.D.A. Road Bannarkatta Ph : 080 - 26486377 / 32487587 556 Karnataka Bangalore Arekere Bennarkatte Ph : 080 - 26480702 / 3243962 557 Karnataka Bangalore Arekere Main Road Ph : 080 - Nil / 32023103 558 Karnataka Bangalore Aswath Nagar Ph : 080 - 23516090 / 32954488 559 Karnataka Bangalore Attibele Ph : 080 - 27844705 / 08110 - 326016 560 Karnataka Bangalore Attur Layout Ph : 080 - Nil / 32014983 561 Karnataka Bangalore Avalhalli Ph : 080 - 28472695 / 32210617 562 Karnataka Bangalore Avenue Road,Bangalore Ph : 080 - 22117150 / 32210030 563 Karnataka Bangalore B.H.E.L. Mysore Road Ph : 080 - 26754411 / 32210522 564 Karnataka Bangalore Basavanagudi Ph : 080 - 26763426 / 32210595 565 Karnataka Bangalore Bashetahalli Ph : 080 - 27630112 / 08119 - 329646 566 Karnataka Bangalore Baswaneswar Nagar Ph : 080 - 23580456 / Nil 567 Karnataka Bangalore BB Road Yelahanka Ph : 080 - 28564757 / 32485220 568 Karnataka Bangalore Benasankari II - Stage Ph : 080 - 26712884 / 32490242 569 Karnataka Bangalore Bengaluru J C Nagar Ph : 080 - 23331728 / 32467475 570 Karnataka Bangalore Bennarkatta Ph : 080 - 27828580 / 08110 - 326015 571 Karnataka Bangalore Bidadi Ph : 080 - 27282356 / 08113 - 322918 572 Karnataka Bangalore Bilakkally Ph : 080 - 26483970 / 32210631 573 Karnataka Bangalore Bommanahalli Ph : 080 - 25737370 / 32028188 574 Karnataka Bangalore Bommanahally Hosur Main Road Ph : 080 - 25725575 / 32210445 575 Karnataka Bangalore Brigade Road Palm Ground Ph : 080 - 2530823 / 32216522 576 Karnataka Bangalore Brigadiour Road Ph : 080 - 25301025 / 32210712 577 Karnataka Bangalore BTM 1st Stage Ph : 080 - 26680203 / 32210109 578 Karnataka Bangalore Cambridge Layout Ph : 080 - 25300720 / 32210464 579 Karnataka Bangalore Chanda Nagar Bangalore Ph : 080 - 25614231 / 32487333 580 Karnataka Bangalore Chandapura Ph : 080 - 27835877 / 08110 - 326113 581 Karnataka Bangalore Channasandra Ph : 080 - 28611979 / 32558079 582 Karnataka Bangalore Chickpet Ph : 080 - 22340154 / 32216132 583 Karnataka Bangalore Chikkaballapur Ph : 08156 - 260022 / 325853 584 Karnataka Bangalore Chinthamani Ph : 08154 - 240122 / 323337 585 Karnataka Bangalore Commercial Street Ph : 080 - 25590588 / 32557956 586 Karnataka Bangalore Devanahalli Ph : 080 - 27681266 / 08119 - 324484 587 Karnataka Bangalore Devanahalli EG Pura Road Ph : 080 - 27680827 / 08119 - 324696 588 Karnataka Bangalore Dobbspet Ph : 080 - 27734616 / 08118 - 327726 589 Karnataka Bangalore Doddaballapura Ph : 080 - 27622318 / 08119 - 325363 590 Karnataka Bangalore Domlur Ph : 080 - 25354884 / 32210450 591 Karnataka Bangalore Dr. Rajkumar Road Bangalore Ph : 080 - 23502688 / 32489774 592 Karnataka Bangalore Electronic City Ph : 080 - 28520026 / 32487590 593 Karnataka Bangalore Gandhi Bazar Ph : 080 - 26623030 / 32210526 594 Karnataka Bangalore Ganga Nagar Ph : 080 - 23532164 / 32557945 595 Karnataka Bangalore Ganga Nagar High Layout Ph : 080 - 23337587 / 32011929 596 Karnataka Bangalore Garabavipalaya Ph : 080 - 25736923 / 32490998 597 Karnataka Bangalore Gnanaganganagar Ph : 080 - 23241787 / 32557892 598 Karnataka Bangalore Gollarahatty Ph : 080 - 23285727 / 32210624 Annual Report 2010-11 100

Branch Network (Contd.)

SLNO STATE DISTRICT BRANCH NAME PHONE NO 599 Karnataka Bangalore Gottigere Ph : 080 - 25780088 / Nil 600 Karnataka Bangalore Gurukuntapalya Ph : 080 - 23573282 / 32210579 601 Karnataka Bangalore H Cross Ph : 08158 - 259237 / 323752 602 Karnataka Bangalore Hal Old Airport Road Ph : 080 - 25225740 / 32210526 603 Karnataka Bangalore Hanumantha Nagar Ph : 080 - 26608838 / 32210530 604 Karnataka Bangalore Harohalli Ph : 080 - 27563534 / 08117 - 321996 605 Karnataka Bangalore Hebbagodi Ph : 080 - 27849349 / 08110 - 322282 606 Karnataka Bangalore Hennur Cross Ph : 080 - 20127258 / 32211742 / 918042100579 607 Karnataka Bangalore Hosa Road,Bangalore Ph : 080 - Nil / 32028233 608 Karnataka Bangalore Hoskote KR Layout Ph : 080 - 27935438 / 08111 - 329704 609 Karnataka Bangalore Hosur Main Road Wilson Garden Ph : 080 - 22133203 / 32488639 610 Karnataka Bangalore HSR layout Ph : 080 - 25721716 / 32490675 611 Karnataka Bangalore Hunasamaranahally Ph : 080 - 28478153 / 32210449 612 Karnataka Bangalore J P Nagar Ph : 080 - 26630607 / 32991707 613 Karnataka Bangalore Jaimunirao Circle Ph : 080 - 23159664 / 32210045 614 Karnataka Bangalore Jalahalli Ph : 080 - 28399389 / 32210710 615 Karnataka Bangalore Jalahally Circle Ph : 080 - 28391213 / 32446246 616 Karnataka Bangalore Jaraganahalli Ph : 080 - 26649451 / 32478702 617 Karnataka Bangalore Jayanagar Ph : 080 - Nil / 32210578 618 Karnataka Bangalore Jayanagar 9th Block Ph : 080 - 22442797 / 32014980 619 Karnataka Bangalore Jeevanbhima Nagar Ph : 080 - 25200495 / 32210514 / 42064808 620 Karnataka Bangalore Jigini Ph : 080 - 27826010 / 08110 - 322526 621 Karnataka Bangalore K R Road Ph : 080 - 26762608 / 32210671 622 Karnataka Bangalore Kadugodi Ph : 080 - 28455273 / 32217612 623 Karnataka Bangalore Kadugondanahalli Ph : 080 - 25460225 / 32210616 624 Karnataka Bangalore Kagalipura Ph : 080 - 28432880 / 32558317 625 Karnataka Bangalore Kaikondanahalli Ph : 080 - 32210447 / 42129073 626 Karnataka Bangalore Kalyan Nagar Ph : 080 - 23503600 / 32419483 627 Karnataka Bangalore Kamashipalayam Ph : 080 - 23281124 / 32978066 628 Karnataka Bangalore Kammanahalli Ph : 080 - 25464848 / Nil 629 Karnataka Bangalore Kammanahalli Banasavadi Road Ph : 080 - 25453384 / 32558096 630 Karnataka Bangalore Kanakapura Ph : 080 - 27522220 / 08117 - 329436 631 Karnataka Bangalore Kanakapura Bus Stand Ph : 080 - 27522177 / Nil 632 Karnataka Bangalore Kanteerava Studio Ph : 080 - 40964478 / 32557783 633 Karnataka Bangalore Kathriguppa Ph : 080 - 32210051 / 42071124 634 Karnataka Bangalore Kattangal Ph : 0495 - 2287554 / 3274477 635 Karnataka Bangalore Kengeeri Sate Lete Ph : 080 - 28486879 / 32210531 636 Karnataka Bangalore Kengeri Ph : 080 - 28484193 / 32978727 637 Karnataka Bangalore Kodigahally Road Sanjeevini Nagar Ph : 080 - 23627402 / 32557760 638 Karnataka Bangalore Kolar Gowripete Ph : 08152 - 223014 / 323321 639 Karnataka Bangalore Konanakunda Cross Ph : 080 - 26860855 / 32210537 / 40992427 640 Karnataka Bangalore Koramangala Ph : 080 - 32210513 / 41730752 641 Karnataka Bangalore Kottigapalayay Ph : 080 - Nil / 32210436 642 Karnataka Bangalore Krishnarajapuram Ph : 080 - 25619626 / 32210515 643 Karnataka Bangalore Laggere Bridge Ph : 080 - 28372553 / 32557927 644 Karnataka Bangalore LIC Colony Basaveshwara Nagar Ph : 080 - 23236887 / 32558077 645 Karnataka Bangalore M.S. Palaya Ph : 080 - 23648840 / 32992888 646 Karnataka Bangalore Madanayakanahalli Lakshmipura Ph : 080 - 23715051 / 32210090 647 Karnataka Bangalore Madivala Ph : 080 - 25634503 / 32939897 648 Karnataka Bangalore Magadhi Ramnagar Ph : 080 - 27745396 / 08113 - 322875 649 Karnataka Bangalore Magadi Road,Bangalore Ph : 080 - 23153315 / 32485165 650 Karnataka Bangalore Magadi Thavarekere Ph : 080 - 28430751 / 32210540 651 Karnataka Bangalore Mahadevapura Ph : 080 - Nil / 32210580 652 Karnataka Bangalore Mahalakshmi Layout Ph : 080 - 23195683 / 32557894 653 Karnataka Bangalore Malleshpalaya Ph : 080 - 25342356 / 32210006 654 Karnataka Bangalore Malleshwaram 18th Cross Ph : 080 - 23465685 / 32490595 655 Karnataka Bangalore Malleswaram Ph : 080 - 23468937 / 32211235 / 41280190 656 Karnataka Bangalore Mariyappanpalaya Ph : 080 - 23241109/ 32013252 657 Karnataka Bangalore Marthahalli Ph : 080 - 25401382 / 32210612 658 Karnataka Bangalore Maruthi Nagar Ph : 080 - 23519547 / 32210466 659 Karnataka Bangalore Mathikere Ph : 080 - 23475994 / 32559502 660 Karnataka Bangalore Mirza Road Anekal Ph : 080 - 27841468 / 08110 - 329318 661 Karnataka Bangalore MSR Main Road Mathikere Ph : 080 - 23607504 / 32490157 662 Karnataka Bangalore Muneshwaranagar Ph : 080 - 23240817 / 32558302 663 Karnataka Bangalore Mysore Road-Sirfi Circle Ph : 080 - 26740827 / 32557933 664 Karnataka Bangalore Nagarbhavi Ph : 080 - 23182854 / 32557790 665 Karnataka Bangalore Nagarbhavi Circle Bangalore Ph : 080 - 23185025 / 32210511 666 Karnataka Bangalore Nagendra Block Srinivasa Nagar Ph : 080 - 26722744 / 32448030 667 Karnataka Bangalore Nandhini Layout Ring Road Ph : 080 - 23577288 / 32971212 668 Karnataka Bangalore Navarang Ph : 080 - 23329011 / 32557893 669 Karnataka Bangalore Nelagadaranahalli Ph : 080 - 28376977 / 32557972 670 Karnataka Bangalore Nelamangala Ph : 080 - 27722763 / 32210588 671 Karnataka Bangalore Nelamangala PC Extension Ph : 080 - 27723096 / 0811 - 8327691 672 Karnataka Bangalore New Thippsandra Ph : 080 - 25296954 / 32210587 673 Karnataka Bangalore Newbell Ph : 080 - 23601470 / 32210713 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 101 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO 674 Karnataka Bangalore NR Colony Ph : 080 - 26608500 / 32487546 675 Karnataka Bangalore Padmanabha Nagar Ph : 080 - Nil / 32210661 / 40900620 676 Karnataka Bangalore Parimalanagar Kanteerava Studio Ph : 080 - 23379796 / 32210437 677 Karnataka Bangalore Pattegarapalya Ph : 080 - Nil / 32557971 678 Karnataka Bangalore Peeniya 2nd Stage Ph : 080 - 28366226 / 32210017 679 Karnataka Bangalore Prasanthnagar Bangalore Ph : 080 - 23287203 / 32488079 680 Karnataka Bangalore R. T. Nagar Ph : 080 - 23656169 / 32487711 681 Karnataka Bangalore Raja Palya Ph : 080 - 28410918 / 32210810 682 Karnataka Bangalore Rajaji Nagar 3rd Block Ph : 080 - 23104594 / 32210087 683 Karnataka Bangalore Rajaji Nagar Bangalore Ph : 080 - 23577751 / 32938014 684 Karnataka Bangalore Rajaji Rajkumar Road Ph : 080 - 23153133 / 32557823 685 Karnataka Bangalore Rajajinagar 2nd Block Ph : 080 - 23528455 / 32210012 686 Karnataka Bangalore Rajarajeswari Nagar Ph : 080 - 28607445 / 32210467 687 Karnataka Bangalore Ramamurthynagar Ph : 080 - 25661198 / 32977244 688 Karnataka Bangalore Ramanagaram Ph : 080 - 27273814 / 08011 - 3322869 689 Karnataka Bangalore Ramaswami Palaya Ph : 080 - 25473111 / 32210619 690 Karnataka Bangalore Ramohalli Ph : 080 - 8028438338 / 32557919 691 Karnataka Bangalore RPC Layout Ph : 080 - 23184068 / 32210643 692 Karnataka Bangalore Sanjivini Nagar Ph : 080 - 23154353 / 32557789 693 Karnataka Bangalore Sarjapura Bengaluru Ph : 080 - 27823209 / Nil 694 Karnataka Bangalore Seppings Road Ph : 080 - 25303395 / 32210834 695 Karnataka Bangalore Shankar Mata Main Road Ph : 080 - 23197217 / 32210495 696 Karnataka Bangalore Shivajinagar Ph : 080 - 22862663 / 32939993 697 Karnataka Bangalore Shivanagar Ph : 080 - 23506162 / 32558075 698 Karnataka Bangalore Somasundarapalayam Ph : 080 - 32488104 / 40931680 699 Karnataka Bangalore St John s Church Road(Coles Park) Ph : 080 - 25554848 / 32447552 700 Karnataka Bangalore Subbaiana Palya Ph : 080 - 25458092 / 32478566 701 Karnataka Bangalore Subbayya Circle Ph : 080 - Nil / 32210533 702 Karnataka Bangalore Sunkadakatte Ph : 080 - 23487816 / 32446448 703 Karnataka Bangalore T Dasarahally 8th Cross Ph : 080 - 28376636 / 32485940 704 Karnataka Bangalore T.C.Palaya Ph : 080 - Nil / 32210465 705 Karnataka Bangalore Tavarekere Ph : 080 - 42112731 / 32012344 706 Karnataka Bangalore Thalagattupura Ph : 080- 28427246 / 32210500 707 Karnataka Bangalore Thubrahalli Ph : 080 - 28524237 / 32210601 708 Karnataka Bangalore Tollgate Mysore Road Ph : 080 - 26758242 / 32489144 709 Karnataka Bangalore Udaya Nagar Main Road Ph : 080 - 28510517 / 32492933 710 Karnataka Bangalore Udayanagar Ph : 080 - 28512434 / 32557931 711 Karnataka Bangalore Ulsoor Bangalore Ph : 080 - 25575048 / 32938013 712 Karnataka Bangalore Utharahalli Bus Stand Ph : 080 - 26394666 / 32015016 / 40940893 713 Karnataka Bangalore Uttarahally Ph : 080 - 26396639 / 32910006 714 Karnataka Bangalore V.V. Puram Ph : 080 - 26673100 / 32488206 715 Karnataka Bangalore Vidyaranyapuram Ph : 080 - 23642362 / 32491140 716 Karnataka Bangalore Vijayanagar Ph : 080 - 23153466 / 32557728 717 Karnataka Bangalore Wilson Garden Ph : 080 - Nil / 32558316 / 42194272 718 Karnataka Bangalore Yelachanahally Ph : 080 - 26324803 / 32210613 719 Karnataka Bangalore Yelahanka Ph : 080 - 28463255 / 32558323 720 Karnataka Bangalore Yelahanka New Ph : 080 - 28561266 / 32210441 721 Karnataka Bangalore Yeshwanthpur Ph : 080 - 23373763 / 32938015 722 Karnataka Bangalore Yeswanthapur Main Road Ph : 080 - 23573335 / 32210456 723 Karnataka Bangalore 11 Th Cross Bhuvaneswarinagar Ph : 080 - Nil / 32490623 724 Karnataka Bangalore Bharat Nagar Ph : 080 - 23480511 / 32210446 725 Karnataka Bangalore Srinagar Bangalore Ph : 080 - 26615283 / 32216304 726 Karnataka Bangalore Btm 2Nd Stage Ph : 080 - 26689310 / 32210026 727 Karnataka Bangalore 1St Phase J P Nagar Ph : 080-22444770/ 32210811 728 Karnataka Belgam Athni Ph : 08289 - 251153 / 311360 729 Karnataka Belgaum Alnavar Ph : 0836 - 2385433 / 50405285 730 Karnataka Belgaum Ayodhya Nagar Ph : 0831 - 2472988 / 3246687 731 Karnataka Belgaum Bailhongal Ph : 08288 - 236104 / 320011 732 Karnataka Belgaum Chikodi Ph : 08338 - 272405 / 322742 733 Karnataka Belgaum Goaves Circle Belgaum Ph : 0831 - 2460380 / 3246688 734 Karnataka Belgaum Gokak Ph : 08332 - 224047 / 322310 735 Karnataka Belgaum Hukkeri Ph : 08333 - 265052 / 320110 736 Karnataka Belgaum Khanapur Ph : 08336 - 222021 / 7483186130 737 Karnataka Belgaum Mudalgi Ph : 08334 - 250082 / 321840 738 Karnataka Belgaum Nipani Ph : 08338 - 223964 / 322997 739 Karnataka Belgaum Ramdurg Ph : 08335 - 241002 / 322230 740 Karnataka Belgaum Saundatti Ph : 08330 - 222108 / 321913 741 Karnataka Bellari Bellary Ph : 08392 - 270465 / 327627 742 Karnataka Bellari Hagaribommanahalli Ph : 08397 - 239545 / 322361 743 Karnataka Bellari Hospet Ph : 08394 - 220771 / 322316 744 Karnataka Bellari Infantry Road Bellary Ph : 08392 - 240024 / 322365 745 Karnataka Bellari Sirsi Hospet Road Ph : 08384 - 223225 / 320119 746 Karnataka Bellari Hospet College Road Ph : 08394-224088/ 321988 747 Karnataka Bidar Aurad Ph : 08485 - 280005 / 340509 748 Karnataka Bidar Bidar Ph : 08482 - 220287 / 322342 Annual Report 2010-11 102

Branch Network (Contd.)

SLNO STATE DISTRICT BRANCH NAME PHONE NO 749 Karnataka Bidar Bidar Main Road Ph : 08482 - 220070 / Nil 750 Karnataka Bidar Bidar B V B College Road 751 Karnataka Bijapur Bijapur Railway Station Road Ph : 08352 - 251522 / 310204 752 Karnataka Chamrajnagar Chamarajanagar Sampige Road Ph : 08226 - 222478 / 320722 753 Karnataka Chamrajnagar Chamraj Nagar Ph : 08226 - 222226 / 329939 754 Karnataka Chamrajnagar Chamraj Nagar Car Street Road Ph : 08226 - 222476 / 323959 755 Karnataka Chamrajnagar Gundlupet Ph : 08229 - 222857 / 321539 756 Karnataka Chamrajnagar Hannur Ph : 08224 - 268075 / 322544 757 Karnataka Chamrajnagar Kollegal Ph : 08224 - 256709 / 320500 758 Karnataka Chamrajnagar Pandavapura Ph : 08236 - 256112 / 320005 759 Karnataka Chikamanglur Birur Ph : 08627 - 255056 / 080 - 32920870 760 Karnataka Chikamanglur Chikamanglur Ph : 08262 - 233213 / 320938 761 Karnataka Chikamanglur Kadur BH Road Ph : 08267 - 221181 / 325988 762 Karnataka Chikamanglur Mudigere Ph : 08263 - 220057 / 320531 763 Karnataka Chikamanglur NR Pura Ph : 08266 - 220699 / Nil 764 Karnataka Chikamanglur Sringeri Ph : 08265 - 250095 / 320413 765 Karnataka Chikamanglur Tarikere Ph : 08261 - 222096 / 320933 766 Karnataka Chikamanglur Kadur Ph : 08267- 221031/ 325989 767 Karnataka Chikkaballapur Gowribidanur Ph : 08155 - 285086 / 321122 768 Karnataka Chitradurga Challakere Ph : 08195 - 223258 / 320990 769 Karnataka Chitradurga Chitradurga Ph : 08194 - 228851 / 320979 770 Karnataka Chitradurga Hiriyur Main Road Ph : 08193 - 220105 / 320909 771 Karnataka Chitradurga MH Road Chitradurga Ph : 08194 - 224065 / 321438 772 Karnataka Dakshina Kannada B.C.Road,Manglore Ph : 08255 - 233854 / 324852 773 Karnataka Dakshina Kannada Belthangady Ph : 08256 - 232388 / 322707 774 Karnataka Dakshina Kannada Deralakatte Ph : 0824 - 2204289 / 3200064 775 Karnataka Dakshina Kannada Farange Peta Ph : 08255 - 272272 / 320964 776 Karnataka Dakshina Kannada Jyothi Circle Mangalore Ph : 0824 - 2444868 / 3200371 / 4288791 777 Karnataka Dakshina Kannada Kaikamba Ph : 0824 - 2259499 / 3201434 778 Karnataka Dakshina Kannada Kankanady Ph : 0824 - 2430287 / 3212474 779 Karnataka Dakshina Kannada Kavoor Ph : 0824 - 2481141 / 3201389 780 Karnataka Dakshina Kannada Mangalore Ph : 0824 - 2440932 / 3255572 781 Karnataka Dakshina Kannada Moodabidri Ph : 08258 - 237580 / 324905 782 Karnataka Dakshina Kannada Nagoori Ph : 0824 - 2342346 / 3201506 783 Karnataka Dakshina Kannada Puttur Ph : 08251 - 231036 / 320564 784 Karnataka Dakshina Kannada Sullia Ph : 08257 - 230665 / 320413 785 Karnataka Dakshina Kannada Thokkottu Ph : 0824 - 2460888 / 3212197 786 Karnataka Dakshina Kannada Urvastore Chilimbi Ph : 0824 - 2455660 / 3200341 787 Karnataka Davangare Ashoka Road Davanagere Ph : 08192 - 236659 / 310042 788 Karnataka Davangare Chamarajpet Davanagere Ph : 08192 - 231885 / 310026 789 Karnataka Davangare Hiriyur Ph : 08193 - 229977 / 321097 790 Karnataka Davangare Mandipet Davangere Ph : 08192 - 270141 / 310040 791 Karnataka Dhrawad Betgeri Ph : Ph : 08372 - 245042 / 321594 792 Karnataka Dhrawad Hosur Hubli Ph : 0836 - 2277877 / 3209606 793 Karnataka Dhrawad Hubli Ph : 0836 - 2361470/ 3206824 794 Karnataka Dhrawad Lamington Road Hubli Ph : 0836 - 2360466 / 3209602 795 Karnataka Dhrawad Mrithyumjayanagar Ph : 0836 - 2447711 / 3205151 796 Karnataka Dhrawad Navalgund Ph : 08380 - 220155 / 310401 797 Karnataka Dhrawad Navanagar Ph : 0836 - 2224044 / 3249273 798 Karnataka Dhrawad Railway Station Road Hubli Ph : 0836 - 2361118 / 3209462 799 Karnataka Dhrawad Yellapur Ph : 08419 - 261189 / 9341035389 800 Karnataka Gadag Gadag Ph : 08372 - 220694 / 325992 801 Karnataka Gadag Naragund Ph : 08377 - 261114 / 320735 802 Karnataka Gadag Ron Ph : 08381 - 267006 / 321317 803 Karnataka Gadag Shirhatti Ph : 08487 - 242184 / 342552 804 Karnataka Ganapat Galli Belgam Ph : 0831 - 2451809 / 3206949 805 Karnataka Gulberga Alanda Ph : 08477 - 203454 / 9379428491 806 Karnataka Gulberga Chittapur Ph : 08474 - 236171 / 322175 807 Karnataka Gulberga Jewargi Colony Ph : 08472 - 220504 / 313093 808 Karnataka Gulberga Supermarket Gulberga Ph : 08472 - 230011 / 313092 809 Karnataka Hassan Arakkalgodu Ph : 08175 - 220089 / 324102 810 Karnataka Hassan Arsikere Ph : 08174 - 233717 / 320418 811 Karnataka Hassan Arsikere APMC Ph : 08174 - 234545 / 324635 812 Karnataka Hassan Belur Ph : 08177 - 222110 / 32422 813 Karnataka Hassan Gandhi Bazar Hassan Ph : 08172 - 260003 / 329702 814 Karnataka Hassan Hassan Ph : 08172 - 232119 / 326110 815 Karnataka Hassan Holenarasipura Ph : 08175 - 2722114 / 3201402 816 Karnataka Hassan Kuvempunagar Ph : 08172 - 262123 / 325879 817 Karnataka Hassan Sakaleshpura Ph : 08173 - 243030 / 320893 818 Karnataka Hassan Salgame Road Hassan Ph : 08172 - 260008 / 329352 819 Karnataka Haveri Ashwini Nagar Haveri Ph : 08375 - 232166 / 321551 820 Karnataka Haveri Byadgi Ph : 08375 - 22668 / 321561 821 Karnataka Haveri Hirekerur Ph : 08376 - 282124 / 340475 822 Karnataka Haveri Rane Bennur Ph : 08373 - 268733 / Nil 823 Karnataka Haveri Shiggoan Ph : 08378 - 255053 / 325999 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 103 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO 824 Karnataka Haveri Vidhyanagar Haveri Ph : 08375 - 233046 / 321552 825 Karnataka Kodagu Murnad Madikeri Ph : 08272 - 232203 / 320892 826 Karnataka Kodagu Shanivarshantha Ph : 08276 - 242100 / 322547 827 Karnataka Kodagu Virajpet Kodagu Ph : 08274 - 255087 / 320311 828 Karnataka Kolar Gownipalli Ph : 08157 - 248181 / 324009 829 Karnataka Kolar Kolar Clock Tower Ph : 08152 - 222193 / 320922 830 Karnataka Kolar Malur Ph : 08151 - 232009 / 322945 831 Karnataka Koppal Gangavathi Ph : 08533 - 272066 / 322828 832 Karnataka Koppal Kushtagi Ph : 08536 - 267055 / 321797 833 Karnataka Koppal Yelburga Ph : 08534 - 220088 / 310427 834 Karnataka Mandya 100 Feet Road Mandya Ph : 08232 - 230715 / 351712 835 Karnataka Mandya Bharatinagar Ph : 08232 - 235332 / 329721 836 Karnataka Mandya Krishnarajapete Ph : 08230 - 261139 / 322710 837 Karnataka Mandya Maddur Ph : 08232 - 232049 / 329717 838 Karnataka Mandya Malavalli Ph : 08231 - 244793 / 323943 839 Karnataka Mandya Mandya Ph : 08232 - 223028 / 351566 840 Karnataka Mandya MM Road Guthllu Mandya Ph : 08232 - 220168 / 3101402 841 Karnataka Mandya V V Road Mandya Ph : 08232 - 220132 / 324060 842 Karnataka Mysore BANNUR Ph : 08227 - 275199 / 323780 843 Karnataka Mysore Bogadi Mysore Ph : 0821 - 2598207 / 3246967 844 Karnataka Mysore Chamundipuram Ph : 0821 - 2330361 / 3209864 845 Karnataka Mysore Channapatana Railway Station Road Ph : 080 - 27255093 / 08113 - 322920 846 Karnataka Mysore Chennapatna Ph : 080 - 27252614 / 08113 - 322870 847 Karnataka Mysore Devaraja Urs Diwans Road Ph : 0821 - 2421361 / 3240111 848 Karnataka Mysore Devaraja URS Road Ph : 0821 - 2420243 / 3205565 849 Karnataka Mysore HD Kotte Ph : 08228 - 255017 / 9341084516 850 Karnataka Mysore Hebbal Mysore Ph : 0821 - 2302525 / 3240190 851 Karnataka Mysore Hunsur Ph : 08222 - 251122 / 321906 852 Karnataka Mysore Hunsur BM Bypass Road Ph : 08222 - 252222 / 321971 853 Karnataka Mysore J P Nagar E Block Mysore Ph : 0821 - 2371361 / 3240112 854 Karnataka Mysore Koppa Ph : 0822 - 3253361 / 08276 - 322844 855 Karnataka Mysore Krishnaraja Nagar Ph : 08223 - 262544 / 322636 856 Karnataka Mysore Madikeri Ph : 08272 - 220530 / 323031 857 Karnataka Mysore Malavalli Kalamana Temple Street Ph : 08231 - 244793 / 324234 858 Karnataka Mysore Mandimohalla Ph : 0821 - 2444425 / 3264408 859 Karnataka Mysore Mysore Nazarabad Ph : 0821- 2440150 / 3246975 860 Karnataka Mysore Nanjangudu Ph : 08221 - 224242 / 325353 861 Karnataka Mysore NR Mohalla Ph : 0821 - 2491371 / 3240434 862 Karnataka Mysore Periyapatana Ph : 08223 - 273061 / 324538 863 Karnataka Mysore Ramakrishna Nagar Ph : 0821 - 2560140 / 3246964 864 Karnataka Mysore Ramaswamy Circle Ph : 0821 - 2332361 / 3240113 865 Karnataka Mysore Saraswthi Puram Mysore Ph : 0821 - 2344371 / 3240116 866 Karnataka Mysore Siddapura Ph : 08274 - 267530 / 320324 867 Karnataka Mysore Siddarth Layout Mysore Ph : 0821 - 2471361 / 3240115 868 Karnataka Mysore Suburban Bus Stand Ph : 0821 - 2442361 / 3209895 869 Karnataka Mysore T.Naraseepura Ph : 08227 - 260264 / 320658 870 Karnataka Mysore Vivekanada Circle Ph : 0821 - 2460065 / 3246974 871 Karnataka Mysore Thonchikoppal Ph : 0821-2340473/3246973 872 Karnataka Raichur Gunj Main Road Ph : 08532 - 235579 / 310251 873 Karnataka Raichur Lingsugur Ph : 08537 - 257122 / 9343202555 874 Karnataka Raichur Manvi Ph : 08538 - 221766 / Nil 875 Karnataka Raichur Raichur M.G. Road Ph : 08532 - 228399 / 310002 876 Karnataka Raichur Sindhanur Ph : 08535 - 221212 / 9341891313 877 Karnataka Shimoga Bhadravathi Ph : 08282 - 263533 / 324808 878 Karnataka Shimoga Harihara Main Road Ph : 08192 - 240750 / 310733 879 Karnataka Shimoga Hosanagara Ph : 08185 - 221112 / 7483164250 880 Karnataka Shimoga Koppal Main Road Ph : 08539 - 221600 / 321133 881 Karnataka Shimoga N T Road Ph : 08182 - 225624 / 325331 882 Karnataka Shimoga Sagar Ph : 08183 - 221299 / 09343333836 883 Karnataka Shimoga Shikaripura Ph : 08187 - 222174 / 320528 884 Karnataka Shimoga Shimoga Ph : 08182 - 225623 / 320065 885 Karnataka Shimoga Shiralakoppa Ph : 08187 - 234466 / 320527 886 Karnataka Tumkur Bellary Main Road Pavagada Ph : 08136 - 245846 / 320685 887 Karnataka Tumkur Chennarayapatanna Ph : 08176 - 252899 / 322246 888 Karnataka Tumkur Chikkanayakanahalli Ph : 08133 - 267049 / 329609 889 Karnataka Tumkur Gubbi Ph : 08131 - 222024 / 323655 890 Karnataka Tumkur Gubbi B H Road Ph : 08131 - 222064 / 321112 891 Karnataka Tumkur Hassan Mysore Road Ph : 08172 - 250349 / 326066 892 Karnataka Tumkur Koretegere Ph : 08138 - 232064 / 320950 893 Karnataka Tumkur Kunigal Ph : 08132 - 221442 / 320973 894 Karnataka Tumkur Pavagada Ph : 08136 - 245846 / 320685 895 Karnataka Tumkur T Dasarahalli Ph : 080 - 23720123 / 32557969 896 Karnataka Tumkur Tiptur Ph : 08134 - 251124 / 321632 897 Karnataka Tumkur Tiptur Ramamandir Road Ph : 08134 - 250245 / 325970 898 Karnataka Tumkur Tumkur Ph : 0816 - 2277664 / 3297772 Annual Report 2010-11 104

Branch Network (Contd.)

SLNO STATE DISTRICT BRANCH NAME PHONE NO 899 Karnataka Tumkur Turuvekere Ph : 08139 - 287018 / 4936311445 900 Karnataka Tumkur Vidhyanagar Tumkur Ph : 0816 - 2284636 / 3200299 901 Karnataka Tumkur Gbn Road Madhugiri Ph : 08137-296005/ 321616 902 Karnataka Udupi Karkala Ph : 08258 - 232388 / 326219 903 Karnataka Udupi Malpe Ph : 0820 - 2538743 / 3209659 904 Karnataka Udupi Manipal Ph : 0820 - 2575288 / 3209658 905 Karnataka Udupi Udupi Ph : 0820 - 2526663 / 3206667 906 Karnataka Uttara Kannada Ankola Ph : 08388 - 230098 / 322386 907 Karnataka Uttara Kannada Bhatkal Ph : 08385 - 222079 / 320729 908 Karnataka Uttara Kannada Dandeli Ph : 08284 - 230068 / 9341226511 909 Karnataka Uttara Kannada Haliyala Ph : 08284 - 220313 / Nil 910 Karnataka Uttara Kannada Honnavar Ph : 08387 - 220053 / 320777 911 Karnataka Uttara Kannada Karwar Ph : 08382 - 226211 / 326980 912 Karnataka Uttara Kannada Kumta Ph : 08386 - 220355 / 322653 913 Karnataka Uttara Kannada Mundgod Ph : 08301 - 222316 / 320091 914 Karnataka Uttara Kannada Siddapur Ph : 08389 - 230038 / Nil 915 Karnataka Uttara Kannada Sirsi C.P. Bazar Ph : 08384 - 223062 / 320120 916 Karnataka Yadgiri Shahapur Ph : 08479 - 240140 / 321997 917 Karnataka Yadgiri Yadgiri Bus Stand Ph : 08473 - 250029 / 320032 918 Karnataka Yadgiri Yadgiri Market Ph : 0847 - 3250073 / 3320001 919 Kerala Alappuzha Alappuzha Ph : 0477 - 2239334 / 3203007 920 Kerala Alappuzha Alapuzha Medical College Jn Ph : 0477 - 2238004 / 3293878 921 Kerala Alappuzha Alapuzha Muhammed Road Ph : 0477 - 2233441 / 3293974 922 Kerala Alappuzha Arur Ph : 0478 - 2872203 / 3201958 923 Kerala Alappuzha Charummoodu Ph : 0479 - 2384655 / 3243493 924 Kerala Alappuzha Chengannur Ph : 0479 - 2452675 / 3248275 925 Kerala Alappuzha Cherthala Ph : 0478 - 2820935 / 3214395 926 Kerala Alappuzha Haripad Ph : 0479 - 2404127 / 3200858 927 Kerala Alappuzha Kayamkulam Ph : 0479 - 2443692 / 3249690 928 Kerala Alappuzha Mannanchery Ph : 0477 - 2290522 / 3209798 929 Kerala Alappuzha Mavelikara Ph : 0479 - 2341389 / 3205544 930 Kerala Alappuzha Punnapra Ph : 0477 - 2288117 / 3203566 931 Kerala Alappuzha Thattarambalam Ph : 0479 - 2341110 / 3241820 932 Kerala Alappuzha Thuravoor Ph : 0478 - 2560430 / 3202751 933 Kerala Alappuzha Vellakinnar Ph : 0477 - 2230533 / 3290107 934 Kerala Alleppey Kattanam Ph : 0479 - 2334448 / 3243561 935 Kerala Alleppey Poochakkal Ph : 0487 - 2533242 / 3214410 936 Kerala Alleppey Puthiyakavu Ph : 0479 - 2343050 / 3244084 937 Kerala Ernakulam Adivadu Ph : 0485 - 2563150 / 3247436 938 Kerala Ernakulam Alinchuvadu Ph : 0484 - 2807728 / 3127883 939 Kerala Ernakulam Allapra Ph : 0484 - 2594764 / 3190062 940 Kerala Ernakulam Aluva Ph : 0484 - 2629731 / 3213310 941 Kerala Ernakulam Aluva Market Ph : 0484 - 2629730 / 3127882 942 Kerala Ernakulam Andipullikavu Ph : 0484 - 2482464 / 3101992 943 Kerala Ernakulam Angamali Ph : 0484 - 2459171 / 3239362 944 Kerala Ernakulam Arakappady Ph : 0484 - 2656909 / 3199190 945 Kerala Ernakulam Arakunnam Ph : 0484 - 2748777 / 3199192 946 Kerala Ernakulam Arayankavu Ph : 0484 - 2745999 / 3195151 947 Kerala Ernakulam Athani Ph : 0484 - 2476570 / 3102067 948 Kerala Ernakulam Banerji Road,Ernakulam Ph : 0484 - 2398050 / 3124419 949 Kerala Ernakulam Chengamanad Ph : 0484 - 2476590 / 3199197 950 Kerala Ernakulam Cherai Ph : 0484 - 2418223 / 3246482 951 Kerala Ernakulam Cheranallore Ph : 0484 - 2432702 / 3121124 952 Kerala Ernakulam Chittur Cochin Ph : 0484 - 2371525 / 3238554 953 Kerala Ernakulam Civil Line Road Vazhakkala Ph : 0484 - 2425037 / 3196222 954 Kerala Ernakulam Edakochi Ph : 0484 - 2328080 / 3120997 955 Kerala Ernakulam Edappally Ph : 0484 - 2345797 / 3115137 956 Kerala Ernakulam Fort Kochi Ph : 0484 - 2215118 / 3114942 957 Kerala Ernakulam Kadavanthra Ph : 0484 - 2206146 / 3220004 958 Kerala Ernakulam Kakkadassery Ph : 0485 2815764 / 3249591 959 Kerala Ernakulam Kalady Ph : 0484 - 2699177 / 3115078 960 Kerala Ernakulam Kalamassery Ph : 0484 - 2556889 / 3112333 961 Kerala Ernakulam Kalloorkad Ph : 0485 - 2288898 / 3247435 962 Kerala Ernakulam Kaloor Ph : 0484 - 2537020 / 3231578 963 Kerala Ernakulam Kanjiramattom Ph : 0484 - 2737024 / 3190340 964 Kerala Ernakulam Karimugal Ph : 0484 - 2720111 / 3190342 965 Kerala Ernakulam Kathrikadavu Ph : 0484 – Nil / 3120430 966 Kerala Ernakulam Kizhakkambalam Ph : 0484 - 2681668 / 3195759 967 Kerala Ernakulam Kolenchery Ph : 0484 - 2766863 / 3190044 968 Kerala Ernakulam Koonammavu Ph : 0484 - 2516474 / 3127881 969 Kerala Ernakulam Kothamangalam Ph : 0485 - 2862560 / 3266711 970 Kerala Ernakulam Kurumassery Ph : 0484 - 2470310 / 3199191 971 Kerala Ernakulam Kuruppampadi Ph : 0484 - 2595104 / 3190291 972 Kerala Ernakulam Malikampeedika Ph : 0484 - 2670032 / 3199195 973 Kerala Ernakulam Malipuram Ph : 0484 - 2497725 / 3200623 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 105 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO 974 Kerala Ernakulam Manjali Ph : 0484 - 2441977 / 3190061 975 Kerala Ernakulam Mannur Ph : 0484 - 2651146 / 3190201 976 Kerala Ernakulam Mattancherry Ph : 0484 - 2223034 / 3222407 977 Kerala Ernakulam Mookannoor Ph : 0484 - 2616984 / 3195709 978 Kerala Ernakulam Mullanthuruthy Ph : 0484 - 2741650 / 3115257 979 Kerala Ernakulam Muvattupuzha Ph : 0485 - 2814222 / 3249597 980 Kerala Ernakulam Neeleswaram Malayattoor Ph : 0484 - 2460322 / 3190341 981 Kerala Ernakulam Nellikuzhi Ph : 0485 - 2823023 / 3240870 982 Kerala Ernakulam Neriamangalam Ph : 0485 - 2554600 / 3240871 983 Kerala Ernakulam Okkal Ph : 0484 - 2464630 / 3190280 984 Kerala Ernakulam Palarivattom Ph : 0484 - 2342526 / 3276988 985 Kerala Ernakulam Pallikkara Ph : 0484 - 2681486 / 3223720 986 Kerala Ernakulam Palluruthy Ph : 0484 - 2232124 / 3112436 987 Kerala Ernakulam Pampakuda Ph : 0485 - 2273200 / 3240910 988 Kerala Ernakulam Pathalam Ph : 0484 - 2545191 / 3128223 989 Kerala Ernakulam Pattimattom Ph : 0484 - 2689984 / 3190343 990 Kerala Ernakulam Perumbavoor Ph : 0484 - 2520699 / 3271110 991 Kerala Ernakulam Petta Ph : 0484 - 2389101 / 3110142 992 Kerala Ernakulam Pezhakkappilly Ph : 0485 - 2814334 / 3241861 993 Kerala Ernakulam Piravam Ph : 0485 - 2265637 / 3296937 994 Kerala Ernakulam Ponjasserry Ph : 0484 - 2594072 / 3190070 995 Kerala Ernakulam Poothotta Ph : 0484 - 2243750 / 3126285 996 Kerala Ernakulam Pothanicadu Ph : 0485 - 2563900 / 3242564 997 Kerala Ernakulam Puthenvelikkara Ph : 0484 - 2486780 / 3196440 998 Kerala Ernakulam Ravipuram (FOREX) Ph : 0484-2356769/ 3128772 999 Kerala Ernakulam Sreemoolanagaram Ph : 0484 - 2600280 / 3190292 1000 Kerala Ernakulam Thevara Ph : 0484 - 2665526 / 3221314 1001 Kerala Ernakulam Thiruvankulam Ph : 0484 - 2786612 / 3190290 1002 Kerala Ernakulam Thoppumpady Ph : 0484 - 2223165 / 3277665 1003 Kerala Ernakulam Thripunithura Ph : 0484 - 2781910 / 3298884 1004 Kerala Ernakulam Thuravoor Ernakulam Ph : 0484 - 2617881 / 3190050 1005 Kerala Ernakulam Vaduthala Ph : 0484 - 2435870 / 3124999 1006 Kerala Ernakulam Valanjambalam Ph : 0484 - 2603110 / 3190045 1007 Kerala Ernakulam Varapuzha Ph : 0484 - 2511736 / 3118611 1008 Kerala Ernakulam Vazhakkulam Ph : 0485 - 2262169 / 3241860 1009 Kerala Ernakulam Vazhakulam Aluva Ph : 0484 - 2679040 / 3195710 1010 Kerala Ernakulam Vytila Ph : 0484 - 2301880 / 3127880 1011 Kerala Idukki Adimali Ph : 04864 - 222405 / 09387628279 1012 Kerala Idukki Kattappana Ph : 04868 - 252399 / 9388362097 1013 Kerala Idukki Nedukandam Ph : 4868 - 232163 / 322038 1014 Kerala Idukki Rajakkad Ph : 04868 - 242367 / 310003 1015 Kerala Idukki Thodupuzha Ph : 04862 - 224045 / 326005 1016 Kerala Idukki Udumbanchola Ph : 04868 - 237174 / 310002 1017 Kerala Kannur Alakkode Ph : 0460 - 2255166 / 3243366 1018 Kerala Kannur Anjarakandy Ph : 0497 - 2856130 / 3242570 1019 Kerala Kannur Chakkarakkal Ph : 0497 - 2854610 / 3240103 1020 Kerala Kannur Cherukunnu Ph : 0497 - 2862408 / 3248084 1021 Kerala Kannur Cherupuzha Ph : 04985 240487 / 322980 1022 Kerala Kannur Irikkur Ph : 0460 - 2297310 / 3243006 1023 Kerala Kannur Iritty Ph : 0490 - 2491534 / 3293129 1024 Kerala Kannur Kannur Thalassery Road Ph : 0497 - 2711318 / 3253507 1025 Kerala Kannur Kathiroor Ph : 0490 - 2307094 / 3265089 1026 Kerala Kannur Kuthuparamba Ph : 0490 - 2365090 / 3248111 1027 Kerala Kannur Mattannur Ph : 0490 - 2472240 / 3247800 1028 Kerala Kannur Muzhuppilangad Ph : 0497 - 2832660 / 3241441 1029 Kerala Kannur Panoor Ph : 0490 - 2311114 / 3265215 1030 Kerala Kannur Pappinissery Ph : 0497 - 2788832 / 3248006 1031 Kerala Kannur Payyavoor Ph : 0460 - 2210248 / 3241125 1032 Kerala Kannur Pazhayangadi Ph : 0497 - 2877740 / 3242858 1033 Kerala Kannur Sreekandapuram Ph : 0460 - 2233378 / 3201868 1034 Kerala Kannur Talap Ph : 0497 - 2704832 / 3294679 1035 Kerala Kannur Thalassery Ph : 0490 - 2343860 / 3292943 1036 Kerala Kannur Valapattanam Ph : 0497 - 2776582 / 3240617 1037 Kerala Kasargod Cherkalam Ph : 04994 - 284658 / 329997 1038 Kerala Kasargod Cheruvathur Ph : 0467 - 2263495 / 3245500 1039 Kerala Kasargod Hosdurg-Kaanhangad Ph : 04672 - 200881 / 3247031 1040 Kerala Kasargod Kumbla Ph : 04998 - 213547 / 322944 1041 Kerala Kasargod Manjeshwaram Ph : 04998 - 275275 / 325789 1042 Kerala Kasargod Mulleriya Ph : 04994 - 261190 / 316208 1043 Kerala Kasargod Nullipady Ph : 04994 - 227334 / 324735 1044 Kerala Kasargod Palakkunu Ph : 0467 - 2239470 / 3209031 1045 Kerala Kasargod Thrikkarippur Ph : 0467 - 2213515 / 3208930 1046 Kerala Kasargod Uliyanthaduka Ph : 04994 - 241400 / 312288 1047 Kerala Kasargod Uppala Ph : 04998 - 242001 / 325558 1048 Kerala Kollam Anchal Ph : 0475 - 2770511 / 3267688 Annual Report 2010-11 106

Branch Network (Contd.)

SLNO STATE DISTRICT BRANCH NAME PHONE NO 1049 Kerala Kollam Anchal Moodu Ph : 0474 - 2553084 / 3210554 1050 Kerala Kollam Ayur Ph : 0475 - 2293002 / 3208878 1051 Kerala Kollam Bharanikavu Ph : 0476 - 2835077 / 3207551 / 486232148 1052 Kerala Kollam Chandanathoppu Ph : 0474 - 2719076 / 3210048 1053 Kerala Kollam Chathannoor Ph : 0474 - 2593171 / 3206667 1054 Kerala Kollam Kadakkal Ph : 0474 - 2422588 / 3202686 1055 Kerala Kollam Kadappakkada Ph : 0474 - 2761778 / 3211903 1056 Kerala Kollam Karikode Ph : 0474 - 2714333 / 3220219 1057 Kerala Kollam Karunagappally Ph : 0476 - 2630823 / 3209383 1058 Kerala Kollam Kollam Ph : 0474 - 2763179 / 3250318 1059 Kerala Kollam Kollam Chengamanad Ph : 0474 - 2404352 / 3225343 1060 Kerala Kollam Kottarakakra Ph : 0474 - 2459587 / 3200131 1061 Kerala Kollam Kottiyam Ph : 0474 - 2533099 / 3226667 1062 Kerala Kollam Kulathupuzha Ph : 0475 - 2318960 / 3260875 1063 Kerala Kollam Kundara Ph : 0474 - 2580714 / 3244409 1064 Kerala Kollam Nellimukku Ph : 0474 - 2794460 / 3220012 1065 Kerala Kollam Nilamel Ph : 0474 - 2434617 / 3223944 1066 Kerala Kollam Ochira Ph : 0476 - 2698008 / 3204241 1067 Kerala Kollam Odanavattom Ph : 0474 - 2461205 / 3226668 1068 Kerala Kollam Pallimucku Ph : 0474 - 2728286 / 3220904 1069 Kerala Kollam Pathanapuram Ph : 0475 - 2015363 / 3206978 1070 Kerala Kollam Punalur Ph : 0475 - 2231173 / 3205533 1071 Kerala Kollam Punnala Ph : 0475 - 2385004 / 3264137 1072 Kerala Kollam Puthur Ph : 0474 - 2419030 / 3220185 1073 Kerala Kollam Ramankulangara Ph : 0474 - 2795437 / 3214515 1074 Kerala Kollam South Paravoor Ph : 0474 - 2518968 / 3210083 1075 Kerala Kollam Thatamala Ph : 0474 - 2728647 / 3216767 1076 Kerala Kottayam Athirampuzha Ph : 0481 - 2732799 / 3210170 1077 Kerala Kottayam Changanassery Ph : 0481 - 2424649 / 3263700 1078 Kerala Kottayam Chingavanam Ph : 0481 - 2430575 / 3230033 1079 Kerala Kottayam Erattupetta Ph : 04822 - 276584 / 325255 1080 Kerala Kottayam Erumely Ph : 04828 - 211873 / 322992 1081 Kerala Kottayam Ettumanur Ph : 0481 - 2538537 / 3263959 1082 Kerala Kottayam Gandhi Nagar Ph : 0481 - 2598991 / 3230494 1083 Kerala Kottayam Kaduthuruthy Ph : 4829 - 283559 / 329909 1084 Kerala Kottayam Kallara Kottayam Ph : 04829 - 268521 / 9349144885 1085 Kerala Kottayam Kanjikuzhi Ph : 0481 - 2576050 / 3210292 1086 Kerala Kottayam Kanjirappally Ph : 04828 - 204181 / 323299 1087 Kerala Kottayam Karukachal Ph : 0481 - 2486388 / 3210130 1088 Kerala Kottayam Kodungur Ph : 0481 - 2454733 / 3231892 1089 Kerala Kottayam Kottayam Ph : 0481 - 2565082 / 3209227 1090 Kerala Kottayam Kurisumoodu Ph : 0481 - 2720090 / 3231882 1091 Kerala Kottayam Kuruppamthara Ph : 04829 - 245866 / 310043 1092 Kerala Kottayam Kuruvilangad Ph : 04822 - 230190 / 314462 1093 Kerala Kottayam Mundakayam Ph : 04828 - 273342 / 321919 1094 Kerala Kottayam Nedumkunnam Ph : 0481 - 2417611 / 3231887 1095 Kerala Kottayam Pala Ph : 04822 - 201868 / 323343 1096 Kerala Kottayam Pambadi Ph : 0481 - 2507241 / 3210520 1097 Kerala Kottayam Pathanadu Ph : 0481 - 2494260 / 3210541 1098 Kerala Kottayam Ponkunnam Ph : 04828 - 223224 / 310489 1099 Kerala Kottayam Puthupally Ph : 0481 - 2354666 / 3231895 1100 Kerala Kottayam Ramapuram Church Road Ph : 04822 - 263222 / 322545 1101 Kerala Kottayam Thalayolaparambu Ph : 04829 - 236503 / 323791 1102 Kerala Kottayam Thengana Ph : 0481 - 2472185 / 3231879 1103 Kerala Kottayam Uzhavoor Ph : 04822 - 249006 / 314468 1104 Kerala Kottayam Vaikom Ph : 04829 - 217714 / 321947 1105 Kerala Kozhikode Arabind Ghosh Road,Kozhikode Ph : 0495 - 2366438 / 3215009 1106 Kerala Kozhikode Atholy Ph : 0496 - 2674585 / 3223323 1107 Kerala Kozhikode Balussery Ph : 0496 - 2640033 / 3260067 1108 Kerala Kozhikode Cheruvanoor Ph : 0495 - 2483879 / 3219430 1109 Kerala Kozhikode Chinthavalappu Ph : 0495 - 2723422 / 3226855 1110 Kerala Kozhikode Eangapuzha Ph : 0495 - 3106105 1111 Kerala Kozhikode East Nadakkavu Ph : 0495 - 2368118 / 3100236 1112 Kerala Kozhikode Feroke Ph : 0495 - 2481057 /3222227 1113 Kerala Kozhikode Kadalundi Ph : 0495 - 2470045 / 3229000 1114 Kerala Kozhikode Kakkattil Ph : 0496 – 2448008 / 3220119 1115 Kerala Kozhikode Kakkodi Ph : 0495 - 2266699 / 3231276 1116 Kerala Kozhikode Kallai Ph : 0495 - 2321080 / 3237371 1117 Kerala Kozhikode Koduvalli Ph : 0495 - 2215035 / 3216484 1118 Kerala Kozhikode Koorachundu Ph : 0496 - 2660344 / 3223933 1119 Kerala Kozhikode Koyilandy Ph : 0496 - 2621904 / 3295326 1120 Kerala Kozhikode Kozhikode Vaikom Ph : 0495 - 2727767 / 3246206 1121 Kerala Kozhikode Kundooparambu Ph : 0495 - 2391424 / 3100278 1122 Kerala Kozhikode Kunnamangalam Ph : 0495 - 2801339/ 3106102 1123 Kerala Kozhikode Kuttiadi Ph : 0496 - 2596098 / 3223623 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 107 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO 1124 Kerala Kozhikode Mathottam Ph : 0495 - 2320460 / 3279699 1125 Kerala Kozhikode Mavoor Ph : 0495 - 2884500 / 3226008 1126 Kerala Kozhikode Medical College CLT Ph : 0495 - 2358108 / 3224848 1127 Kerala Kozhikode Meenchanda Ph : 0495 - 2325699 / 3216040 1128 Kerala Kozhikode Mukkam Ph : 0495 - 2299311 / 3230709 1129 Kerala Kozhikode Nadapuram Ph : 0496 - 2554060 / 3217244 1130 Kerala Kozhikode Narikuni Ph : 0495 - 2247377 / 3232879 1131 Kerala Kozhikode Omassery Ph : 0495 - 2281488 / 3100372 1132 Kerala Kozhikode Orkkattery Ph : 0496 - 2545999 / 3223184 1133 Kerala Kozhikode Pantheerankavu Ph : 0495 - 2431234 / 3279735 1134 Kerala Kozhikode Perambra Ph : 0496 - 2615302 / 3294836 1135 Kerala Kozhikode Poovattuparambu Ph : 0495 - 2490407 / 3100722 1136 Kerala Kozhikode Pottammal Ph : 0495 - 2741336 / 3226871 1137 Kerala Kozhikode Ramanattukara Ph : 0495 - 2441478 / 3249349 1138 Kerala Kozhikode Thamarassery Ph : 0495 - 2222787 / 3248950 1139 Kerala Kozhikode Thiruvambadi Ph : 0495 - 2255691 / 3214997 1140 Kerala Kozhikode Ulliyeri Ph : 0496 - 2654306 / 3223189 1141 Kerala Kozhikode Vadakkara Ph : 0496 - 2517741 / 3295141 1142 Kerala Kozhikode Velimadekunnu Ph : 0495 - 2731548 / 3222039 1143 Kerala Kozhikode Westhill Ph : 0495 - 2380713 / 3246687 1144 Kerala Kozhikode Kattangal Ph : 0495-2287554/ 3274477 1145 Kerala Malappuram Angadipuram Ph : 04933 - 253373 / 320927 1146 Kerala Malappuram Areacode Ph : 0483 - 2853311 / 3268620 1147 Kerala Malappuram By Pass Junction Manjeri Ph : 0483 - 2760406 / 3213757 1148 Kerala Malappuram Changaramkulam Centre Ph : 0494 - 2656086 / 3207760 1149 Kerala Malappuram Changarankulam Ph : 0494 - 2656088 / 3222811 1150 Kerala Malappuram Chelari Ph : 0494 - 2400766 / 3243228 1151 Kerala Malappuram Chemmad Ph : 0494 - 2464243 / 3222745 1152 Kerala Malappuram Chungathara Ph : 04931 - 232951 / 318393 1153 Kerala Malappuram Down Hill Malappuram Thirur Road Ph : 0483 - 2732131 / 3208404 1154 Kerala Malappuram Edakkara Ph : 04931 - 275914 / 312072 1155 Kerala Malappuram Edappal Ph : 0494 - 2689459 / 3253188 1156 Kerala Malappuram Edavanna Ph : 0483 - 2700720 / 318090 1157 Kerala Malappuram Kalikavu Ph : 04931 - 258867 / 321817 1158 Kerala Malappuram Karinkallathani Malappuram Ph : 04933 - 250857 / 314233 1159 Kerala Malappuram Karuvarakundu Ph : 04931 - 282324 / 321770 1160 Kerala Malappuram Kondotti Ph : 0483 - 2716780 / 3204272 1161 Kerala Malappuram Kuttipuram Ph : 0494 - 2609878 / 3207097 1162 Kerala Malappuram Mangada Ph : 04933 - 273172 / 312815 1163 Kerala Malappuram Manjeri Ph : 0483 - 2769989 / 3299300 1164 Kerala Malappuram Ooty Road Perinthalmanna Ph : 04933 - 226399 / 314226 1165 Kerala Malappuram Pandikkad Ph : 0483 - 2785151 / 3268444 1166 Kerala Malappuram Parapanangadi Ph : 0494 - 2415243 / 3204692 1167 Kerala Malappuram Payyanangadi Ph : 0494 - 2425328 / 3207780 1168 Kerala Malappuram Ponnani Ph : 0494 - 2669086 / 3209050 1169 Kerala Malappuram Puthanathani Ph : 0494 - 2123029 / 3243577 1170 Kerala Malappuram Puthiyangadi Ph : 0495 - 2390789 / 3237374 1171 Kerala Malappuram Tanur Ph : 0494 - 2444490 / 3207530 1172 Kerala Malappuram Tirur Ph : 0494 - 2421440 / 3253290 1173 Kerala Malappuram Uphills Malappuram Ph : 0483 - 2736131 / 3210006 1174 Kerala Malappuram Vellangallore Ph : 0480 - 2867358 / 3274744 1175 Kerala Malappuram Vengara Ph : 0494 - 2450010 / 3222977 1176 Kerala Malappuram WANDUR Ph : 04931 - 245958 / 321414 1177 Kerala Palakkad Alanallur Ph : 04924 - 262645 / 322996 1178 Kerala Palakkad Alathur Ph : 04922 - 226251 / 322285 1179 Kerala Palakkad Ambalapara Ph : 0466 - 2401048 / 3214585 1180 Kerala Palakkad Chandra Nagar Ph : 0491 - 2570514 / 3262953 1181 Kerala Palakkad Cherpulassery Ph : 0466 - 2284920 / 3207249 1182 Kerala Palakkad Cheruthuruthy Ph : 04884 - 264527 / 323820 1183 Kerala Palakkad Goolikkadavu Ph : 04924 - 254661 / 310086 1184 Kerala Palakkad Kalladikode Ph : 04924 - 247466 / 310033 1185 Kerala Palakkad Kanjikode Ph : 0491 - 2569144 / 3209001 1186 Kerala Palakkad Kanjiram Ph : 04924 - 238231 / 310084 1187 Kerala Palakkad Koduvayur Ph : 04923 - 254343 / 312553 1188 Kerala Palakkad Kollengode Ph : 04923 - 264505 / 322633 1189 Kerala Palakkad Kongad Ph : 0491 - 2847951 / 3261011 1190 Kerala Palakkad Koottanad Ph : 0466 - 2371971 / 3200667 1191 Kerala Palakkad Koppam Ph : 0466 - 2264534 / 3214056 1192 Kerala Palakkad Kozhinjampara Ph : 04923 - 273091 / 322779 1193 Kerala Palakkad Kuzhalmannam Ph : 04922 - 272948 / 322895 1194 Kerala Palakkad Mangalam Dam Ph : 04922 - 263416 / 324404 1195 Kerala Palakkad Mannarkkad Ph : 04924 - 223768 / 321557 1196 Kerala Palakkad Melamuri Ph : 0491 - 2543388 / 3244641 1197 Kerala Palakkad Nenmara Ph : 04923 - 244332 / 322153 1198 Kerala Palakkad Olavakode Ph : 0491 - 2552591 / 3201265 Annual Report 2010-11 108

Branch Network (Contd.)

SLNO STATE DISTRICT BRANCH NAME PHONE NO 1199 Kerala Palakkad Ottappalam Ph : 0466 - 2249826 / 3206232 1200 Kerala Palakkad Palakkad Town RS Road Ph : 0491 - 2504795 / 3262449 1201 Kerala Palakkad Para Ph : 0491 - 2583800 / 3260625 1202 Kerala Palakkad Parli Ph : 0491 - 2858401 / 3262618 1203 Kerala Palakkad Pudunagaram Ph : 04923 - 251841 / 322770 1204 Kerala Palakkad Shornur Ph : 0466 - 2223379 / 3205955 1205 Kerala Palakkad Sreekrishnapuram Ph : 0466 - 2260265 / 3213281 1206 Kerala Palakkad Sultan Pet Ph : 0491 - 2545884 / 3258121 1207 Kerala Palakkad Thachanpara Ph : 04924 - 244207 / 310087 1208 Kerala Pathanamthitta Adoor Ph : 04734 - 220992 / 321324 1209 Kerala Pathanamthitta Ezhamkulam Ph : 04734 - 244425 / 323024 1210 Kerala Pathanamthitta Konni Ph : 0468 - 2241036 / 3203785 1211 Kerala Pathanamthitta Kozhenchery Ph : 0468 - 2215019 / 3203234 1212 Kerala Pathanamthitta Mallapally Ph : 0469 - 2784564 / 3207206 1213 Kerala Pathanamthitta Pandalam Ph : 04734 - 256683 / 323376 1214 Kerala Pathanamthitta Pathanamthitta Ph : 0468 - 2271658 / 3207818 1215 Kerala Pathanamthitta Pullad Ph : 0469 - 2660446 / 3203763 1216 Kerala Pathanamthitta Ranni Ph : 04735 - 227622 / 326868 1217 Kerala Pathanamthitta Thiruvalla Ph : 0469 - 2633633 / 3206661 1218 Kerala Thiruvanathapuram Ambalathara Ph : 0471 - 2380020 / 3270975 1219 Kerala Thiruvanathapuram Aryanadu Ph : 0472 - 2851939 / 3208150 1220 Kerala Thiruvanathapuram Attingal Ph : 0470 - 2629798 / 3209792 1221 Kerala Thiruvanathapuram Balaramapuram Ph : 0471 - 2406295 / 3218001 1222 Kerala Thiruvanathapuram Chengottukonam Ph : 0471 - 2711049 / 3273364 1223 Kerala Thiruvanathapuram Kallambalam Ph : 0470 - 2695070 / 3253665 1224 Kerala Thiruvanathapuram Kallara Ph : 0472 - 2860234 / 3208214 1225 Kerala Thiruvanathapuram Kaniapuram Ph : 0471 - 2757755 / 3279177 1226 Kerala Thiruvanathapuram Kanjiramkulam Ph : 0471 - 2263792 / 3198880 1227 Kerala Thiruvanathapuram Karamana Ph : 0471 - 2341765 / 3216020 1228 Kerala Thiruvanathapuram Kattakada Ph : 0471 - 2291280 / 3217272 1229 Kerala Thiruvanathapuram Kilimanoor Ph : 0470 - 2672979 / 3255043 1230 Kerala Thiruvanathapuram Kudappanakunnu Ph : 0471 - 2730047 / 3273386 1231 Kerala Thiruvanathapuram Kuttichal Ph : 0472 - 2851889 / 3242470 1232 Kerala Thiruvanathapuram Malayankeezhu Ph : 0471 - 2284234 / 3270058 1233 Kerala Thiruvanathapuram Manacaud Ph : 0471 - 2464760 / 3270203 1234 Kerala Thiruvanathapuram Medical College TVM Ph : 0471 - 2552085 / 3221615 1235 Kerala Thiruvanathapuram Muttada Ph : 0471 - 2530028 / 3190306 1236 Kerala Thiruvanathapuram Nedumangad Ph : 0472 - 2801525 / 3205949 1237 Kerala Thiruvanathapuram Nemom Ph : 0471 - 2394554 / 3213868 1238 Kerala Thiruvanathapuram Neyyattinkara Ph : 0471 - 2222261 / 3249779 1239 Kerala Thiruvanathapuram Olathani Ph : 0471 3270845 1240 Kerala Thiruvanathapuram Peroorkada Ph : 0471 - 2438632 / 3278830 1241 Kerala Thiruvanathapuram Perumkadavila Ph : 0471 - 2276236 / 3270189 1242 Kerala Thiruvanathapuram Peyad Ph : 0471 - 2270311 / 3270059 1243 Kerala Thiruvanathapuram Poovachal Ph : 0472 - 2895440 / 0471 - 3270404 1244 Kerala Thiruvanathapuram Poovar Ph : 0471 - 2209792 / 3270053 1245 Kerala Thiruvanathapuram Pothenkode Ph : 0471 - 2410052 / 3273374 1246 Kerala Thiruvanathapuram Sreekaryam Ph : 0471 - 2596563 / 3215636 1247 Kerala Thiruvanathapuram Thiruvananthapuram Ph : 0471 - 2463853 / 3249895 1248 Kerala Thiruvanathapuram Udiyankulangara Ph : 0471 - 2230097 / 3273381 1249 Kerala Thiruvanathapuram Varkala Ph : 0470 - 2611489 / 3249075 1250 Kerala Thiruvanathapuram Vattapara Ph : 0472 - 2586 410 / 3241308 1251 Kerala Thiruvanathapuram Vattiyoorkavu Ph : 0471 - 2365161 / 3221821 1252 Kerala Thiruvanathapuram Vellanadu Ph : 0472 - 2882336 / 3208333 1253 Kerala Thiruvanathapuram Vellarada Ph : 0471 - 2243772 / 3270581 1254 Kerala Thiruvanathapuram Vembayam Ph : 0472 - 2831033 / 3208201 1255 Kerala Thrissur Aloor Ph : 0480 - 2727997 / 3208951 1256 Kerala Thrissur Amballur Ph : 0480 - 2755665 / 3270020 1257 Kerala Thrissur Ammadam Ph : 0487 - 2277025 / 3218662 1258 Kerala Thrissur Annamanada Ph : 0480 - 2773861 / 3276436 1259 Kerala Thrissur Anthikkad Ph : 0487 - 2634536 / 3211809 1260 Kerala Thrissur Arangottukara Ph : 0466 - 2259600 / 3214122 1261 Kerala Thrissur Azhicode Ph : 0480 - 2815955 / 3202593 1262 Kerala Thrissur Chalakudy North Ph : 0480 - 2703477 / 3270311 1263 Kerala Thrissur Chazhur Ph : 0487 - 2275188 / 3269757 1264 Kerala Thrissur Cherpu Ph : 0487 - 2347666 / 3253496 1265 Kerala Thrissur Chirakkal Ph : 0487 - 2272694 / 3206435 1266 Kerala Thrissur Choondal Ph : 04885 - 239839 / 322937 1267 Kerala Thrissur Desamangalam Ph : 04884 - 280707 / 322880 1268 Kerala Thrissur East Fort Thrissur Ph : 0487 - 2420644 / 3212584 1269 Kerala Thrissur Elanad Ph : 04884 - 288558 / 326570 1270 Kerala Thrissur Eravu Ph : 0487 - 2311060 / 3256200 1271 Kerala Thrissur Eriyad Ph : 0480 - 2816444 / 3276363 1272 Kerala Thrissur Erumapetty Ph : 04885 - 266117 / 322670 1273 Kerala Thrissur Guruvayur Ph : 0487 - 2554041 / 3252967 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 109 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO 1274 Kerala Thrissur Insurance Service Centre Ph : 0480 - 2806086 / 3276872 1275 Kerala Thrissur Irinjalakuda Ph : 0480 - 2832671 / 3295753 1276 Kerala Thrissur Kallur Ph : 0480 - 2755664 / 0487 - 3218920 1277 Kerala Thrissur Kanjani Ph : 0487 - 2639600 / 3251005 1278 Kerala Thrissur Karalam Ph : 0480 - 2887799 / 0487 - 3256097 1279 Kerala Thrissur Katoor Ph : 0480 - 2870016 / 3202451 1280 Kerala Thrissur Kechery Ph : 04885 - 242644 / 325277 1281 Kerala Thrissur Kodakara Ph : 0480 - 2728441 / 3295790 1282 Kerala Thrissur Kodali Ph : 0480 - 2744024 / 3208232 1283 Kerala Thrissur Koorkenchery Ph : 0487 - 2428439 / 3244291 1284 Kerala Thrissur Kuttanellur Ph : 0487 - 2354298 / 3269785 1285 Kerala Thrissur Kuzhur Ph : 0480 - 2776303 / 3243849 1286 Kerala Thrissur M. G. Road Thrissur (PERSONAL LOAN) Ph : 0487 - 2385725 / 3104887 1287 Kerala Thrissur Mannuthy Ph : 0487 - 2370775 / 3212577 1288 Kerala Thrissur Mapranam Ph : 0480 - 2822202 / 3256264 1289 Kerala Thrissur Mayannoor Ph : 04884 - 285285 / 323811 1290 Kerala Thrissur Meloor Ph : 0480 - 2739250 / 3208914 1291 Kerala Thrissur Mullassery Ph : 0487 - 2262784 / 3246739 1292 Kerala Thrissur Mullurkara Ph : 04884 - 272680 / 322951 1293 Kerala Thrissur Mundoor Ph : 0487 - 2215544 / 3259732 1294 Kerala Thrissur Muthenmavu Ph : 0487 - 2502405 / 3248516 1295 Kerala Thrissur Muthuvara Ph : 0487 - 2304997 / 3243946 1296 Kerala Thrissur Naikanal Trichur Ph : 0487 - 2335544 / 3255966 1297 Kerala Thrissur Palakkal Ph : 0487 - 2346799 / 3211021 1298 Kerala Thrissur Paramelpady Ph : 04884 - 286788 / 321762 1299 Kerala Thrissur Pattikkad Ph : 0487 - 2283018 / 3246743 1300 Kerala Thrissur Pavaratty Ph : 0487 - 2640290 / 3267124 1301 Kerala Thrissur Pazhayannur Ph : 04884 - 226824 / 324024 1302 Kerala Thrissur Pazhuvil Ph : 0487 - 2270411 / 3254642 1303 Kerala Thrissur Perambra Tcr Ph : 0480 - 2723103 / 3275717 1304 Kerala Thrissur Perumbilavu Ph : 04885 - 289272 / 320855 1305 Kerala Thrissur Poyya Ph : 0480 - 2893255 / 3208940 1306 Kerala Thrissur Pudukkad Ph : 0480 - 2756647 / 3200045 1307 Kerala Thrissur Punnamparambu Ph : 04884 - 268200 / 322962 1308 Kerala Thrissur S.N.Puram Ph : 0480 - 2859999 / 3205168 1309 Kerala Thrissur Sakthan Bus Stand Ph : 0487 - 2442085 / 3256254 1310 Kerala Thrissur T K S Puram Ph : 0480 - 2811413 / 3208636 1311 Kerala Thrissur Talikulam Ph : 0487 - 2392141 / 3252800 1312 Kerala Thrissur Tana - Irinjalakuda Ph : 0480 - 2824113 / 3276500 1313 Kerala Thrissur Thalore Ph : 0487 - 2351132 / 3101350 1314 Kerala Thrissur Thiroor TCR Ph : 0487 - 2206710 / 3243931 1315 Kerala Thrissur Thiruvilwamala Ph : 04884 - 283818 / 324949 1316 Kerala Thrissur Triprayar Ph : 0487 - 2392663 / 3258731 1317 Kerala Thrissur Trithallur Ph : 0487 - 2606525 / 3264636 1318 Kerala Thrissur Varandarappilli Ph : 0480 - 2763731 / 3202844 1319 Kerala Thrissur Vellangallur Ph : 0480-2867358/ 3274744 1320 Kerala Wayanad Chundale Ph : 04936 - 201166 / 347150 1321 Kerala Wayanad kalpatta Ph : 04936 - 204384 / 324689 1322 Kerala Wayanad Mananthavady Ph : 04935 - 246747 / 322268 1323 Kerala Wayanad Pulpally Ph : 04936 - 240004 / 319500 1324 Kerala Wayanad Sulthanbathery Ph : 04936 - 222893 / 312020 1325 Madhya Pradesh Bhopal Agarsen Chowk Ph : 0755 - 2739363 / 3200626 / 4249749 1326 Madhya Pradesh Bhopal Arera Colony Bhopal Ph : 0755 - 2569951 / 3244917 / 4289017 1327 Madhya Pradesh Bhopal Ashok Garden Bhopal Ph : 0755 - 2759896 / 3244938 1328 Madhya Pradesh Bhopal Ayodhya Nagar Bhopal Ph : 0755 - 2625877 / 3200634 / 4055762 1329 Madhya Pradesh Bhopal Bairagarh Ph : 0755 - 2660415 / 3200657 1330 Madhya Pradesh Bhopal Chunabathi Ph : 0755 - 2411002 / 3208980 1331 Madhya Pradesh Bhopal Hamidia Road Ph : 0755 - 2738439 / 3260301 1332 Madhya Pradesh Bhopal Indrapuri Ph : 0755 - 2680455 / 3244943 1333 Madhya Pradesh Bhopal Karodh Ph : 0755 - 2740300 / 3245546 / 3050586 1334 Madhya Pradesh Bhopal Kolar Road Ph : 0755 - 2492986 / 3244954 1335 Madhya Pradesh Bhopal M P Nagar Bhopal Ph : 0755 - 2559771 / 3244934 1336 Madhya Pradesh Bhopal Misrod Bhopal Ph : 0755 - 2499922 / 3244936 1337 Madhya Pradesh Bhopal New Market Site Ph : 0755 - 2775993 / 3206412 1338 Madhya Pradesh Bhopal Raisen Road,Bhopal Ph : 0755 - Nil / 3206413 1339 Madhya Pradesh Dewas Dewas Ph : 07272 - 250053 / 324754 1340 Madhya Pradesh Gwalior Inderganj Gwalior Ph : 0751 - 2450465 / 3221505 1341 Madhya Pradesh Gwalior Khedapati Road Gwalior Ph : 0751 - 4035310 / 3220514 1342 Madhya Pradesh Gwalior Morar Ph : 0751 - 2369390 / 4082991 1343 Madhya Pradesh Gwalior Thatipur Gwalior Ph : 0751 - 2239642 / 3220266 1344 Madhya Pradesh Gwalior Vinay Nagar Gwalior Ph : 0751 - 2490277 / 4035331 1345 Madhya Pradesh Gwalior Dustak Tazia Gwalior Ph : 0751- 3228091/ 4035302 1346 Madhya Pradesh Indore Annapurna Road Indore Ph : 0731 - 3221466 / 4066487 1347 Madhya Pradesh Indore Gumastha Nagar Ph : 0731 - Nil / 3220130 1348 Madhya Pradesh Indore Jawaharmarg Ph : 0731 - 2436844 / 3220343 Annual Report 2010-11 110

Branch Network (Contd.)

SLNO STATE DISTRICT BRANCH NAME PHONE NO 1349 Madhya Pradesh Indore Maharani Road Ph : 0731 - Nil / 3220128 1350 Madhya Pradesh Indore Nai Sadak Ujjain Ph : 0734 - 2551340 / 3206297 1351 Madhya Pradesh Indore Ramachandra Nagar Ph : 0731 - 2610684 / 3220097 1352 Madhya Pradesh Indore Sapna Sangeetha Road Indore Ph : 0731 - 2760021 / 3228520 1353 Madhya Pradesh Indore Yeswant Nivas Road Indore Ph : 0731 - Nil / 3194757 1354 Madhya Pradesh Jabalpur Gorakhpur Ph : 0761 - 2400251 / 3240040 / 4008935 1355 Madhya Pradesh Jabalpur Labour Chowk Jabalpur Ph : 0761 - 2416115 / 3264890 1356 Madhya Pradesh Jabalpur Malviya Chowk Jabalpur Ph : 0761-2410048 / 3264891 1357 Madhya Pradesh Jabalpur Ranji Bazar Jabalpur Ph : 0761 - 2430076 / 3264378 1358 Madhya Pradesh Raisen Mandideep Bhopal Ph : 07480 - 233988 / 0748 - 9812667 1359 Madhya Pradesh Sagar Gujarati Bazar Ph : 07582 - 220031 / 327996 1360 Madhya Pradesh Sagar Prakuta Bazar Sagar Ph : 07582 - 243021 / 321894 1361 Madhya Pradesh Sehore Aastha-Sehore Ph : 07560 - 240910 / 09329535213 1362 Madhya Pradesh Sehore Sehore Ph : 07562 - 406227 / 324926 1363 Madhya Pradesh Ujjain Dewas Road Ujjain Ph : 0734 - 2525154 / 3206538 1364 Madhya Pradesh Ujjain Free Ganj Ujjain Ph : 0734 - 2531114 / 4061319 1365 Madhya Pradesh Ujjain Indore Road Ujjain Ph : 0734 - 2524757 / 3206293 1366 Madhya Pradesh Ujjain Mundra Colony Ujjain Ph : 0734 - 2551336 / 3206296 1367 Maharashtra Ahmed Nagar Telikund Ahmed Nagar Ph : 0241 - 2320112 / Nil 1368 Maharashtra Akola Income Tax,Chowk Ph : 0724 - 2454644 / 3202415 1369 Maharashtra Akola Jathar Peth Ph : 0724 - 2450333 / 3202414 1370 Maharashtra Akola Vidhyanagar Akola Ph : 0724 - 2454655 / 3202382 1371 Maharashtra Amaravati Ravi Nagar Amaravati Ph : 0721 - 2565897 / 3240014 1372 Maharashtra Aurangabad Chikalthana Aurangabad Ph : 0240 - Nil / 3209430 1373 Maharashtra Aurangabad CIDCO N-8 Aurangabad Ph : 0240 - 2488578 / 3240935 1374 Maharashtra Aurangabad Garkhed Aurangabad Ph : 0240 - 2453331 / 3242836 1375 Maharashtra Aurangabad Kranti Chowk Aurangabad Ph : 0240 - 2351186 / 3240480 1376 Maharashtra Aurangabad Pundlik Nagar Aurangabad Ph : 0240 - 2451479 / 3240520 1377 Maharashtra Aurangabad Railway Station Road Aurangabad Ph : 0240 - Nil / 3242950 1378 Maharashtra Aurangabad Thilakpath Aurangabad Ph : 0240 - 2350172 / 3240701 1379 Maharashtra Kolhapur Kolhapur Thararani Chowk Ph : 0231 - 2653997 / 3201101 1380 Maharashtra Mumbai Ghatkopar Ph : 022 - 25113997 / 32207948 1381 Maharashtra Mumbai Masjid Bunder Ph : 022 - 32208014 / 40237206 1382 Maharashtra Mumbai Sakinaka Ph : 022 - 28514572 / 32573539 1383 Maharashtra Mumbai Vikhroli W Ph : 022 - 25786789 / 31920021 1384 Maharashtra Nagpur Abab Colony Ph : 0712 - 2589750 / 3224727 1385 Maharashtra Nagpur Bheem Chowk Ph : 0712 - 2655907 / 3273015 1386 Maharashtra Nagpur Dattarye Nagar Ph : 0712 - Nil / 3223680 1387 Maharashtra Nagpur Gandhibagh Ph : 0712 - 2730801 / 3209315 1388 Maharashtra Nagpur Ghittigardan Ph : 0712 - 2596879 / 3255415 1389 Maharashtra Nagpur Hingana Road Ph : 0712 - 2246766 / 3255158 1390 Maharashtra Nagpur Kamalchowk Ph : 0712 - 2630410 / 3257152 1391 Maharashtra Nagpur Kamptee Ph : 07109 - 282536 / 320350 1392 Maharashtra Nagpur Pardi Square Nagpur Ph : 0712 - 2681001 / 3223760 1393 Maharashtra Nagpur Rameshwary Road Nagpur Ph : 0712 - Nil / 3223830 1394 Maharashtra Nagpur Shegaon Naka Amaravati Ph : 0721 - 2550373 / 3240081 1395 Maharashtra Nagpur Wardha Ph : 07152 - 240253 / 327690 1396 Maharashtra Nagpur Wardhaman Nagar Ph : 0712 - 2773044 / 3222655 1397 Maharashtra Nashik Cidco Ph : 0253 - 2379946 / 3240050 1398 Maharashtra Nashik Deolali Nasik Ph : 0253 - 2497555 / 3209831 1399 Maharashtra Nashik Nasik Road Ph : 02533 - 204530 / 0253 - 3058147 1400 Maharashtra Nashik Panchavati Nasik Ph : 0253 - 2629915 / 3266317 1401 Maharashtra Nashik Sarada Circle Ph : 0253 - 2509831 / 3203800 1402 Maharashtra Nashik Shivaji Nagar Nasik Ph : 0253 - 2419827 / 3202952 1403 Maharashtra Pune Akrudi Pune Ph : 020 - Nil / 32342402 1404 Maharashtra Pune Baner Balewadi Phata Ph : 020 - Nil / 32319942 1405 Maharashtra Pune Bhavanipet Ph : 020 - 26381804 / 32316608 1406 Maharashtra Pune Bhosari Ph : 020 - Nil / 32317601 1407 Maharashtra Pune Chakan, Pune Ph : 02135 - Nil / 310515 1408 Maharashtra Pune Chandan Nagar Main Road Ph : 020 - 27012833 / 32318415 1409 Maharashtra Pune Chinchwad Ph : 020 - 27353349 / 32601988 1410 Maharashtra Pune Dange Chowk Ph : 020 - 27272105 / 32317628 1411 Maharashtra Pune Dhankawadi Ph : 020 - 24368021 / 32319712 1412 Maharashtra Pune Fujewadi Dapodi Ph : 020 - 27148914 / 32919688 1413 Maharashtra Pune Gultekadi Market Ph : 020 - 24273312 / 32316482 1414 Maharashtra Pune Hadaspar Ph : 020 - 26810210 / 32318510 1415 Maharashtra Pune Kalewadi Pune Ph : 020 - 27275266 / 32317638 1416 Maharashtra Pune Kasarawadi Pune Ph : 020 - 64104651 / 32341314 1417 Maharashtra Pune Khadki Ph : 020 - 25824640 / 32100054 1418 Maharashtra Pune Kolhapur Bhagal Chowk Ph : 0231 - 2653371 / 3201436 1419 Maharashtra Pune Kondhawa Pune Ph : 020 - 26833527 / 32317607 1420 Maharashtra Pune Kumbarwada Ph : 020 - 24579140 / 32600027 1421 Maharashtra Pune M.G Road Pune Ph : 020 - 26334165 / 32319998 1422 Maharashtra Pune Narayangaon Ph : 02132 - 244111 / Nil Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 111 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO 1423 Maharashtra Pune Nigadi Ph : 020 - 27655630 / 32600020 1424 Maharashtra Pune Pimpri Ph : 020 - 27412688 / 32316537 1425 Maharashtra Pune Sadasiv Peth Ph : 020 - 24485239 / 32341137 1426 Maharashtra Pune Sangvi Ph : 020 - 27286914 / 32317641 1427 Maharashtra Pune Senapati Bapat Road Ph : 020 - 25665961 / 32318416 1428 Maharashtra Pune Shukrawarpeth Ph : 020 - 24486226 / 32326747 1429 Maharashtra Pune Swathanthra Chowk Ph : 020 - 25455103 / 32317651 1430 Maharashtra Pune Tarabai Park Ph : 0231 - 2655122 / 3204911 1431 Maharashtra Pune Theragaon Ph : 020 - Nil / 32317678 1432 Maharashtra Pune Yerwada Ph : 020 - 26698356 / 32316469 1433 Maharashtra Pune East Pool Gate Pune Ph : 020- 32338897/ 30227296 1434 Maharashtra Pune Kathrej ,Pune Ph : 020-26959333/ 32319710 1435 Maharashtra Raigad Kharghar Ph : 022 - 27741115 / 32476113 1436 Maharashtra Ratnagiri Maruti Mandir Ph : 02352 - 227035 / 311677 1437 Maharashtra Sangli Gandhi Chowk Ph : 0233 - 2211036 / 3206896 1438 Maharashtra Sangli M G Road, Sangli Ph : 0233 - 2372651 / 3206910 1439 Maharashtra Sangli Sangli Ph : 0233 - 2324696 / 3200050 1440 Maharashtra Sangli Shivaji Putla Chowk ,Sangli Ph : 0233 - 2330080 / 3200207 1441 Maharashtra Sangli Visharam Bag Ph : 0233 - 2300506 / 3204711 1442 Maharashtra Satara Koregaon Satara Ph : 01263 - 220251 / Nil 1443 Maharashtra Satara Radhika Road Satara Ph : 02162 - 238175 / 327489 1444 Maharashtra Satara Raviwarpeth Satara Ph : 0216 - 2234225 / 327000 1445 Maharashtra Solapur Bus Stand Solapur Ph : 0217 - 2622355 / 3244059 1446 Maharashtra Solapur Siddeshwarpeth Solapur Ph : 0217 - Nil / 3244062 1447 Maharashtra Solapur VIP Road Solapur Ph : 0217 - 2315212 / 3244061 1448 Maharashtra Suburban Malad Ph : 022 - 28711291 / 32208178 1449 Maharashtra Thane Airoli Ph : 022 - 27603368 / 32479068 1450 Maharashtra Thane Ambernath Ph : 0251 - 2605612 / 3246898 1451 Maharashtra Thane Badlapur Ph : 0251 - 2675722 / 3208511 1452 Maharashtra Thane Bhiwandi Ph : 02522 - 222724 / 310717 1453 Maharashtra Thane Bhiwandi Dhamankar Naka Ph : 02522 - 252385 / 343998 1454 Maharashtra Thane Bhyandher Ph : 022 - 28186169 / 32207986 1455 Maharashtra Thane Dadapatilwadi, Thane Ph : 022 - 25393737 / 31924543 1456 Maharashtra Thane Dombivali Ph : 0251 - 2443578 / 3299753 1457 Maharashtra Thane Ghansoli Ph : 022 - 27546077 / 32484931 1458 Maharashtra Thane Kalyan Ph : 0251 - 2337757 / 3251341 1459 Maharashtra Thane Kalyan West Ph : 0251 - 2313775 / 3249422 1460 Maharashtra Thane Koperkhairane Sectore-19 Ph : 022 - 27541142 / 31929750 1461 Maharashtra Thane Mira Road Mumbai Ph : 022 - 28122243 / 32636803 1462 Maharashtra Thane Nerul Ph : 022 - Nil / 32557776 1463 Maharashtra Thane Thane Ph : 022 - 25393636 / 32455944 1464 Maharashtra Thane Titwala Ph : 0251 - 2381744 / 3230315 1465 Maharashtra Thane Vasai Ph : 0250 - 2348393 / 3259059 1466 Maharashtra Thane Vashi Ph : 022 - 27655565 / 32637793 1467 Maharashtra Thane Virar Ph : 0250 - Nil / 3211468 1468 Maharashtra Koparkhairne Ph : 022- 27545608/ 32523258 1469 Orissa Angul Sanker Cinema Road Ph : 06764 - 2340004 / 329071 1470 Orissa Balasore Police Line Chowk Ph : 06782 - 260873 / 327059 1471 Orissa Baripada KC Circle Ph : 06792 - 252105 / 320221 1472 Orissa Bhadrak Kachery Bazar Ph : 06784 - 240221 / 310416 1473 Orissa Bhubaneswar Nayapalli Ph : 0674 - 2564042 / 3270417 1474 Orissa Cuttack Bajrakabati Road Ph : 0671 - 2321706 / 3265432 1475 Orissa Cuttack Big Bazar Ph : 0680 - 2251422 / 3200021 1476 Orissa Cuttack Buxi Bazar Ph : 0671 - 2306343 / 3208645 1477 Orissa Cuttack Chandi Mandir Ph : 0671 - 2304844 / 3268656 1478 Orissa Cuttack Chouddhry Bazar Ph : 0671 2532995 / 3268030 1479 Orissa Cuttack Choudwar Ph : 0671 - 2492288 / Nil 1480 Orissa Cuttack College Square Ph : 0671 - 2525755 / 3268041 1481 Orissa Cuttack Jagatpur,Orissa Ph : 0671 - 2491300 / 3267960 1482 Orissa Cuttack Kendrapara Ph : 06727 - 221311 / Nil 1483 Orissa Cuttack Laxmi Sagar Chowk Ph : 0674 - 2573217 / Nil 1484 Orissa Cuttack Nayabazar,Cuttack Ph : 0671 - 2444188 / 3268070 1485 Orissa Cuttack Nuapatna Ph : 0671 - 2527755 / 3267952 1486 Orissa Cuttack Salipur Ph : 0671 - 2352900 / 3268050 1487 Orissa Cuttack Satichoura Chowk Ph : 0671 - 2364388 / 3208999 1488 Orissa Dhenkanal Kanchan Bazar Ph : 0676 - 2326845 / 223431 1489 Orissa Ganjam Aska Road Ph : 0680 - 2209775 / 3200114 1490 Orissa Ganjam Aska,Laxmi Bazar Ph : 06822 - 271018 / 321251 1491 Orissa Ganjam Berhampur 1 Ph : 0680 - 2212623 / 3200024 1492 Orissa Ganjam Berhampur Old Bus Stand Ph : 0680 - 2220523 / 3200019 1493 Orissa Jagatsinghpur Durga Bazar Ph : 06724 – 220186 / 320120 1494 Orissa Jajpur Chandikhol Ph : 06725 - 220093 / 326162 1495 Orissa Jajpur Jajpur Road Ph : 06726 - 221241 / 9337218684 1496 Orissa Jajpur Jajpur Town Ph : 06728 - 225341/ Nil 1497 Orissa Jharsuguda Jharsiguda Ph : 06645 - 272640 / 9337378009 Annual Report 2010-11 112

Branch Network (Contd.)

SLNO STATE DISTRICT BRANCH NAME PHONE NO 1498 Orissa Khordha Ashok Nagar,Orissa Ph : 0674 - 2535284 / 3274891 1499 Orissa Khordha Jatni, Khurdha Ph : 0674 - 2490910 / 3274908 1500 Orissa Khordha Khurda Ph : 067 - 55220354 / 91675531490 1501 Orissa Khordha Rasulgarh Square Ph : 0674 - 2584264 / 32561249 1502 Orissa Khordha Saheed Nagar Ph : 0674 - 2541514 / 3270118 1503 Orissa Puri Pipili Ph : 06758 - 241945 / 9338434881 1504 Orissa Puri Puri,Orissa Ph : 06752 - 251088 / 324530 1505 Orissa Sundergarh Sundergrah-Hospital Road Ph : 06622 - 272106 / 9338434873 1506 Pondichery Kannur Mahe Ph : 0490-2335860/ 3246811 1507 Pondichery Mahe Pallur Ph : 0490 - 2337576 / 3242930 1508 Pondichery Pondicherry Annasalai Pondicherry Ph : 0413 - 2340065 / 3248994 1509 Pondichery Pondicherry Kamaraj Salai Ph : 0413 - 2214081 / 3205502 / 4506323 1510 Pondichery Pondicherry Kathirkammam Ph : 0413 - 2276117 / 3249059 1511 Pondichery Pondicherry M.G. Road Pondicherry Ph : 0413 - 3191118 / 4210483 1512 Pondichery Pondicherry Marappalam Ph : 0413 - 2354117 / 3248995 1513 Pondichery Pondicherry Nehru Street Pondicherry Ph : 0413 - 234006 / 3249058 / 4201571 1514 Pondichery Pondicherry Nellithope Pondicherry Ph : 0413 - 2201117 / 3203848 1515 Pondichery Pondicherry Pondicherry Ph : 0413 - 2204081 / 3209425 1516 Punjab Amritsar Amritsar Ph : 0183 - 2224518 / 3222520 1517 Punjab Amritsar Hall Bazar Amritsar Ph : 0183 - 2535848 / 5014547 1518 Punjab Amritsar Putlighar Amritsar Ph : 0183 - 5099910 / Nil 1519 Punjab Gurdaspur Pathankot Dalhousie Road Ph : 0186 - 2220104 / 3204925 1520 Punjab Gurdaspur Pathankot Railway Road Ph : 0186 - 2228700 / 5080647 / 3204926 1521 Punjab Jalandhar Cantt Market Ph : 0181 - Nil / 3260164 1522 Punjab Jalandhar Kapurthala Road Ph : 0181 - 2650264 / 3241340 1523 Punjab Jalandhar Maksu Sadan Ph : 0181 - Nil / 3190221 1524 Punjab Jalandhar New Car Mahal Ph : 0181 - 5063142 / 3260941 1525 Punjab Jalandhar Rama Mandi Jalandhar Ph : 0181 - 2414176 / Nil 1526 Punjab Jalandhar Vijayanagar Ph : 0181 - 5013800 / 3261476 1527 Punjab Kapurthala Phagwara Ohri Tower Ph : 01824 - 220262 / 321163 1528 Punjab Ludhiyana Dashmesh Nagar Ph : 0161 - 3298862 / 5045821 1529 Punjab Ludhiyana Focal Point Ph : 0161 - 2671141 / 3298130 / 4411243 1530 Punjab Ludhiyana Ram Nagar Ludhiana Ph : 0161 - Nil / 3224373 1531 Punjab Ludhiyana Vivek Nagar Ph : 0161 - 5069669 / 3225089 1532 Punjab Navansahar Nawanshahr Bus Stand Chowk Ph : 01823 - Nil / 322859 1533 Punjab Patiala Akash Avenue Ph : 0183 - 5099909 / Nil 1534 Punjab Patiala Patiala Ph : 0175 - 2304264 / 3202408 1535 Punjab Patiala Rajpura Ph : 01762 - 240383 / 322654 1536 Punjab Sas Nagar Mohali Ph : 0172 - 5013948 / 3205443 1537 Rajasthan Ajmer Madanganj Kishan Garh Ph : 0146 - Nil / 3326042 / 3510034 1538 Rajasthan Ajmer Ramganj Ajmer Ph : 0145 - 2691666 / 3209280 1539 Rajasthan Alwar Manumarg Alwar Ph : 0144 - 2702271 / 3203030 1540 Rajasthan Alwar Road No.2 Alwar Ph : 0144 - 2703382 / 3203006 1541 Rajasthan Bhilwara Gandhi Nagar Bhilwara Ph : 01482 - 246120 / 311107 1542 Rajasthan Bhilwara Shastri Nagar Bhilwara Ph : 01482 - 250536 / 312052 1543 Rajasthan Bhilwara Subhash Nagar Bhilwara Ph : 01482 - 230361 / 312119 1544 Rajasthan Bikaner Adarsh Colony Ph : 0151 - Nil / 3243800 1545 Rajasthan Bikaner Panch Shati Circle Ph : 0151 - Nil / 3243798 1546 Rajasthan Chittaurgarh Bappunagar Chittosgarh Ph : 01472 - 2470802 / 325956 1547 Rajasthan Ganganagar Raveendra Path Ph : 0154 - 2484568 / 3200820 1548 Rajasthan Ganganagar Shukharia Circle Ph : 0154 - 2486775 / 3200821 1549 Rajasthan Hanumangarh Baba Shyam Singh Colony Ph : 01552 - 269422 / 320484 1550 Rajasthan Hanumangarh Bus Stand Gate Hanumangarh Ph : 01552 - 231066 / 9314108126 1551 Rajasthan Jaipur Brahmpuri Jaipur Ph : 0141 - 2410336 / 3137641 1552 Rajasthan Jaipur DCM Ajmer Road Ph : 0141 - Nil / 3137343 1553 Rajasthan Jaipur Gopalpura Jaipur Ph : 0141 - 2700021 / 3137006 1554 Rajasthan Jaipur Jagatpura Jaipur Ph : 0141 - 2750375 / 3150211 1555 Rajasthan Jaipur Jaipur Sindi Camp Ph : 0141 - 2200779 / 3299719 1556 Rajasthan Jaipur Jhotwara Ph : 0141 - 2343818 / 3140996 1557 Rajasthan Jaipur Mahesh Nagar Jaipur Ph : 0141 - Nil / 3198844 1558 Rajasthan Jaipur Mansarovar Ph : 0141 - Nil / 3137022 1559 Rajasthan Jaipur Muralipura Ph : 0141 - 2233673 / 3141406 1560 Rajasthan Jaipur Nagarpalika Link Road Ph : 0294 - 2411075 / 3263775 1561 Rajasthan Jaipur Rajapark Ph : 0141 - 2625191 / 3159788 1562 Rajasthan Jaipur Sanganer Ph : 0141 - 2732980 / 3140995 1563 Rajasthan Jaipur Shahpura Ph : 01422 - 225470 / 3237744 1564 Rajasthan Jaipur Shastri Nagar Jaipur Ph : 0141 - 2280116 / 3137730 1565 Rajasthan Jaipur Syam Nagar Ph : 0141 - 2290474 / 3150139 1566 Rajasthan Jaipur Vkia Jaipur Ph : 0141 - 2330235 / 3150017 1567 Rajasthan Jaipur Vyshali Nagar Jaipur Ph : 0141 - Nil / 3150210 1568 Rajasthan Jaipur Prathap Nagar Jaipur Ph : 0141 - 3191600 / 2790072 1569 Rajasthan Jhunjhunu Jhunjhunu Road No. 1 Ph : 01592 - 239583 / 324247 1570 Rajasthan Jodhpur Aakliya Circlr, Jodhpur Ph : 0291 - 2641661 / 3265051 1571 Rajasthan Kota Guman Pura Ph : 0744 - 2391726 / 3208405 1572 Rajasthan Kota Keshavapura Kotta Ph : 0744 - 2400014 / 3208476 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 113 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO 1573 Rajasthan Kota Kotta Junction Ph : 0744 - 2461294 / 3208725 1574 Rajasthan Kota Nayapura Kotta Ph : 0744 - 2320871 / 9309408722 1575 Rajasthan Nagaur Thahasil Chowk Ph : 01582 - 244865 / 320299 1576 Rajasthan Pali Mandia Road Ph : 02932 - 222730 / 320975 1577 Rajasthan Pali Surajpole Pali Ph : 02932 - 222754 / 320964 1578 Rajasthan Sikar Bajaj Road Sikar Ph : 01572 - Nil / 327920 1579 Rajasthan Sirohi Sirohi Rajasthan Ph : 02972- 22203/ 320932 1580 Rajasthan Tonk Agrasen Circle Ph : 01432 - 253025 / 320601 1581 Rajasthan Tonk Deoli Tonk Ph : 01434 - 230304 / 9314117410 1582 Rajasthan Udaipur Hiran Mangri Udaipur Ph : 0294 - 2460838 / 3209630 1583 Rajasthan Udaipur Prathap Nagar Udaipur Ph : 0294 - 2490336 / 3263778 1584 Rajasthan Udaipur Toran Bawdi Udaipur Ph : 0294 - 2410688 / 3200794 1585 Tamil Nadu Ariyalur Ariyalur Ph : 04329 - 220199 / 320630 1586 Tamil Nadu Chennai Adambakkam Ph : 044 - 22450982 / 32468963 1587 Tamil Nadu Chennai Adayar Ph : 044 - 24405542 / 32521123 1588 Tamil Nadu Chennai Alandur MKN Road Ph : 044 - 22330057 / 32219482 / 45410913 1589 Tamil Nadu Chennai Alwar Thiru Nagar Ph : 044 - 23773768 / 32018664 1590 Tamil Nadu Chennai Ambattur Ph : 044 - 26585325 / 32219530 1591 Tamil Nadu Chennai Ambedkar Nagar Chennai Ph : 044 - Nil / 32219301 1592 Tamil Nadu Chennai Aminjikarai Ph : 044 - 26644349 / 32219510 1593 Tamil Nadu Chennai Annanagar Chennai Ph : 044 - 26203484 / 32961982 1594 Tamil Nadu Chennai Annanagar East Ph : 044 - 26208832 / 32018665 1595 Tamil Nadu Chennai Arakkonam Ph : 04177 - 230196 / 310002 1596 Tamil Nadu Chennai Ayanavaram Ph : 044 - 26742092 / 32006343 1597 Tamil Nadu Chennai Ayyappan Thangal Ph : 044 - 24764434 / 32018754 1598 Tamil Nadu Chennai B B Road Junction, Vyasarpadi Ph : 044 - 25510603 / 32219622 1599 Tamil Nadu Chennai Broadway Ph : 044 - 25214520 / 32219811 1600 Tamil Nadu Chennai Chetput Chennai Ph : 044 - 28361326 / 32018720 1601 Tamil Nadu Chennai Chinmaya Nagar Chennai Ph : 044 - 24791404 / 32219010 1602 Tamil Nadu Chennai Chormpet Ph : 044 - Nil / 32214819 1603 Tamil Nadu Chennai Chromepet Ph : 044 - 22386066 / 32476324 1604 Tamil Nadu Chennai Egmore Ph : 044 - 28191606 / 31921145 / 2147504 1605 Tamil Nadu Chennai Ennore Chennai Ph : 044 - 25750477 / 32210925 1606 Tamil Nadu Chennai Gemini Mount Road Ph : 044 - 24363176 / 32219582 / 42104054 1607 Tamil Nadu Chennai Golden George Nagar Ph : 044 - Nil / 32214814 1608 Tamil Nadu Chennai Gopal Reddy Colony Ph : 044 - 26705160 / 32537582 1609 Tamil Nadu Chennai Govindhan Road Chennai Ph : 044 - 24741466 / 32019237 / 43302446 1610 Tamil Nadu Chennai ICF Colony Athipet Ph : 044 - 26821505 / 32219505 1611 Tamil Nadu Chennai Kaladipet Ph : 044 - 25993895 / 32536672 1612 Tamil Nadu Chennai Kannadasan Nagar Chennai Ph : 044 - 25545007 / 32219602 1613 Tamil Nadu Chennai Karambakkam Ph : 044 - 24766602 / 32019289 1614 Tamil Nadu Chennai Kolathur Ph : 044 - 25562996 / 32214966 1615 Tamil Nadu Chennai Kolathur Market Ph : 044 - 25500038 / 32210255 1616 Tamil Nadu Chennai Koyambedu Ph : 044 - 29312535 / 32018660 1617 Tamil Nadu Chennai Krishnamoorthi Nagar Ph : 044 - 25545005 / 32018688 / 42809401 1618 Tamil Nadu Chennai M M D A Colony Ph : 044 - 23634550 / 32018668 1619 Tamil Nadu Chennai M T H Road , Villivakkam Chennai Ph : 044 - 26171058 / 32010942 1620 Tamil Nadu Chennai M. C. Road (Old Washermen Pet) Ph : 044 - 25955150 / 32219554 1621 Tamil Nadu Chennai Madavaram High Road Ph : 044 - 25594774 / 32528438 1622 Tamil Nadu Chennai Madippakkam Ph : 044 - 22584779 / 32018698 1623 Tamil Nadu Chennai Maduravoyal Erikkarai Ph : 044 - 23781005 / 32214460 1624 Tamil Nadu Chennai Manali Ph : 044 - 25940605 / 32018839 1625 Tamil Nadu Chennai Metha Nagar Ph : 044 - 23743114 / 32018625 / 42186238 1626 Tamil Nadu Chennai MGR Nagar Manali Ph : 044 - 25940044 / 32219506 1627 Tamil Nadu Chennai Minjur Ph : 044 - 27935345 / 37904512 1628 Tamil Nadu Chennai Mogappair Ph : 044 - 26530940 / 32214501 1629 Tamil Nadu Chennai Moolakkadai Market Ph : 044 - 25584575 / 32018721 1630 Tamil Nadu Chennai Moulivakkam Ph : 044 - 23821467 / 32018770 1631 Tamil Nadu Chennai Mudichur Road Ph : 044 - 22263500 / 32018650 1632 Tamil Nadu Chennai Mugappair East Ph : 044 - 26563478 / 32018656 1633 Tamil Nadu Chennai Muthamil Nagar Ph : 044 - 25549096 / 32538140 1634 Tamil Nadu Chennai Mylapore Ph : 044 - 24671252 / 32018873 1635 Tamil Nadu Chennai Nadhamuni Chennai Ph : 044 - 26172800 / 32019322 1636 Tamil Nadu Chennai Nanganallore Ph : 044 - 22244474 / 32017173 / 43588497 1637 Tamil Nadu Chennai Nanganallur Fourth Main Road Ph : 044 - 22244524 / 32974123 1638 Tamil Nadu Chennai Nazarathpettai Branch Ph : 044 - 26492380 / 32214701 1639 Tamil Nadu Chennai Nelson Manickam Road Ph : 044 - 42686073 / 32215102 1640 Tamil Nadu Chennai New Secretariate Triplicane Ph : 044 - 28545384 / 32219772 1641 Tamil Nadu Chennai New Washermanpet Ph : 044 - 25916625 / 32018722 1642 Tamil Nadu Chennai North Usman Road Ph : 044 - 28345534 / 32018810 1643 Tamil Nadu Chennai Old Washermanpet Ph : 044 - 25982476 / 32962425 1644 Tamil Nadu Chennai Otteri Chennai Ph : 044 - 26621618 / 32219572 1645 Tamil Nadu Chennai Padi Ph : 044 - 26242718 / 32018646 1646 Tamil Nadu Chennai Palavakkam Ph : 044 - 24515501 / 32018752 1647 Tamil Nadu Chennai Pallavaram Ph : 044 - 22644166 / 32018655 Annual Report 2010-11 114

Branch Network (Contd.)

SLNO STATE DISTRICT BRANCH NAME PHONE NO 1648 Tamil Nadu Chennai Paper Mills Road Perambur Ph : 044 - 32018718 / 42769792 1649 Tamil Nadu Chennai Parrys Ph : 044 - 25380489 / 32476099 1650 Tamil Nadu Chennai Parrys Corner (FOREX) Ph : 044 - 25330761 / 32022515 1651 Tamil Nadu Chennai Pattalam Ph : 044 - 32018667 / 43599393 1652 Tamil Nadu Chennai Perambur Ph : 044 - 25522155 / 32025045 1653 Tamil Nadu Chennai Perumkudi OMR Chennai Ph : 044 - 24963282 / 32219808 1654 Tamil Nadu Chennai Pondy Bazar Ph : 044 - 24669910 / 32018639 1655 Tamil Nadu Chennai Ponneri Chennai Ph : 044 - 27971277 / 37904463 1656 Tamil Nadu Chennai Poonamalle High Road Koyambedu Ph : 044 - 24791389 / 0463 - 3324407 1657 Tamil Nadu Chennai Purasawalkam Ph : 044 - 26431138 / 32018910 1658 Tamil Nadu Chennai Raja Annamalaipuram Ph : 044 - 24618131 / 32215031 1659 Tamil Nadu Chennai Ramapuram Ph : 044 - 22490424 / 32538573 1660 Tamil Nadu Chennai Rangarajapuram Ph : 044 - 24848903 / 32012382 1661 Tamil Nadu Chennai Royapuram Ph : 044 - 25987440 / 32018679 1662 Tamil Nadu Chennai Saidapet Ph : 044 - 24330814 / 32018616 1663 Tamil Nadu Chennai Saligramam Ph : 044 - 23763581 / 32019913 1664 Tamil Nadu Chennai Sembiam Ph : 044 - 25590021 / 32018629 1665 Tamil Nadu Chennai South West Boag Road Ph : 044 - 24338789 / 32018696 1666 Tamil Nadu Chennai Sowcarpet Ph : 044 - 25330737 / 32018856 / 42370923 1667 Tamil Nadu Chennai T Nagar Ph : 044 - 24338140 / 32419941 1668 Tamil Nadu Chennai Teynampet Chennai Ph : 044 - 24341839 / 32962026 1669 Tamil Nadu Chennai Thambu Chetty Street Ph : 044 - 25262992 / 32018684 1670 Tamil Nadu Chennai Thirumullaivoyal Ph : 044 - 26382616 / 32018823 / 42839178 1671 Tamil Nadu Chennai Thiruvanmiyur Ph : 044 - 24455681 / 32018830 1672 Tamil Nadu Chennai Thiruvikanagar Ph : 044 - 26705160 / 32537582 1673 Tamil Nadu Chennai Thiruvottiyur Ph : 044 - 25732439 / 32018674 1674 Tamil Nadu Chennai Thousand Light Ph : 044 - 28293225 / 32019917 1675 Tamil Nadu Chennai Triplicane Ph : 044 - 28472366 / 32018617 1676 Tamil Nadu Chennai Valasaravakkam Ph : 044 - 24862816 / 32019315 1677 Tamil Nadu Chennai Vanagaram Branch Ph : 044 - 29001144 / 32214807 1678 Tamil Nadu Chennai Vatapalany Chennai Ph : 044 - 24727372 / 32961983 1679 Tamil Nadu Chennai Velachery Ph : 044 - 22431774 / 32018618 / 42106647 1680 Tamil Nadu Chennai Vellalar Street,Mogappair West Ph : 044 - 26246615 / 32477364 1681 Tamil Nadu Chennai Villupuram Ph : 04146 - 222167 / 312738 1682 Tamil Nadu Chennai Villuvakkam Ph : 044 - 26176411 / 32219612 1683 Tamil Nadu Chennai Vinayakapuram Chennai Ph : 044 - 25655155 / 32214810 1684 Tamil Nadu Chennai Virugampakam Ph : 044 - 32019321 / 42016276 1685 Tamil Nadu Chennai Virugampakam Avichi School Ph : 044 - 23770466 / 32413338 1686 Tamil Nadu Chennai Wall Tax Road Chennai Ph : 044 - 25292327 / 32018845 1687 Tamil Nadu Chennai West Jones Road ,West Saidapet Ph : 044 - 24713493 / 32219822 1688 Tamil Nadu Chennai West Mambalam Ph : 044 - 24749039 / 32018753 1689 Tamil Nadu Chennai Kumanan Chavdi Ph : 0442-32219766 1690 Tamil Nadu Coimbatore Alandurai Coimbatore Ph : 0422 - 2651166 / 3220845 1691 Tamil Nadu Coimbatore Avinashi Ph : 04296 - 271270 / 324422 1692 Tamil Nadu Coimbatore Chettipalayam Coimbatore Ph : 0422 - 2655027 / Nil 1693 Tamil Nadu Coimbatore Eachanari Coimbatore Ph : 0422 - 2670062 / 3220350 1694 Tamil Nadu Coimbatore Ganapathi Ph : 0422 - 2530255 / 3255458 1695 Tamil Nadu Coimbatore Ganapathi Rajendraprasad Street Ph : 0422 - 4512324 / 3219597 1696 Tamil Nadu Coimbatore Gandhi Park Ph : 0422 - 2435803 / 3220113 1697 Tamil Nadu Coimbatore Gandhipuram Coimbatore Ph : 0422 - 2492680 / 3297899 1698 Tamil Nadu Coimbatore Kamarajar Road Ph : 0422 - 2573383 / 4275909 / 3220313 1699 Tamil Nadu Coimbatore Kavundampalayam Ph : 0422 - 2458495 / 4371114 1700 Tamil Nadu Coimbatore KINATHUKADAVU Ph : 04259 - 241211 / 311089 1701 Tamil Nadu Coimbatore Kuniyamuthur Ph : 0422 - 2250019 / 3219772 1702 Tamil Nadu Coimbatore Mettupalayam Ph : 04254 - 220264 / 320885 1703 Tamil Nadu Coimbatore Narasimha Palayam Ph : 0422 - 2462307 / 3221342 1704 Tamil Nadu Coimbatore Oppanakkara Coimbatore Ph : 0422 - 2305857 / 3297901 1705 Tamil Nadu Coimbatore P.N.Pudur Coimbatore Ph : 0422 - 2441487 / 3220511 / 4342847 1706 Tamil Nadu Coimbatore Palladam Ph : 04255 - 255077 / 320430 1707 Tamil Nadu Coimbatore Periyanaikkanpalay Ph : 0422 - 2696932 / 3268332 1708 Tamil Nadu Coimbatore Podanur Ph : 0422 - 2411095 / 3219902 1709 Tamil Nadu Coimbatore Pollachi Ph : 04259 - 223492 / 325906 1710 Tamil Nadu Coimbatore Raja Street Ph : 0422 - 2304383 / 3219776 1711 Tamil Nadu Coimbatore Ramanathapuram Ph : 0422 - 2317288 / 3297898 1712 Tamil Nadu Coimbatore Rathinapuri Coimbatore Ph : 0422 - 2527740 / 3221309 1713 Tamil Nadu Coimbatore Saibaba Colony Ph : 0422 - 2458086 / 3207037 1714 Tamil Nadu Coimbatore Sidhapudur Ph : 0422 - 2240644 / 3220054 1715 Tamil Nadu Coimbatore Sivanandapuram Saravanampatti Ph : 0422 - 2666091 / 3197125 1716 Tamil Nadu Coimbatore Somanur Coimbatore Ph : 0421 - 2332021 / 3268600 1717 Tamil Nadu Coimbatore Sowripalayam Coimbatore Ph : 0422 - 2591697 / 3220312 1718 Tamil Nadu Coimbatore Sundarapuram Ph : 0422 - 2670585 / 4279385 1719 Tamil Nadu Coimbatore Thudiyalur Ph : 0422 - 2644125 / 3221303 1720 Tamil Nadu Coimbatore Tiruppur P.N Road Ph : 0421 - 2474639 / 3260016 1721 Tamil Nadu Coimbatore Tirupur Ph : 0421 - 2231107 / 3299311 1722 Tamil Nadu Coimbatore Udumalpet Ph : 04252 - 229998 / 320535 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 115 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO 1723 Tamil Nadu Coimbatore Venkataramanan Street Polllachi Ph : 04259 - 235423 / 311086 1724 Tamil Nadu Cuddalor Cuddalore Ph : 04142 - 289299 / 329195 1725 Tamil Nadu Cuddalor Nellikkuppam Cuddalore Ph : 04142 - 271121 / 346096 1726 Tamil Nadu Cuddalore South Car Street Ph : 04144 - 225020 / 313122 1727 Tamil Nadu Dharmapuri Palacode, Dharmapuri Ph : 04348 - 222601 / 326654 1728 Tamil Nadu Dharmapuri Pappireddipatti Ph : 04346 - 246077 / 324123 1729 Tamil Nadu Dharmapuri Pennagaram Dharmapuri Ph : 04342 - 254034 / 322800 1730 Tamil Nadu Dindigul Betlagundu Ph : 04543 - 264533 / 320772 1731 Tamil Nadu Dindigul Dindigul Ph : 0451- 2440789 / 3204887 1732 Tamil Nadu Dindigul Gujiliampara Dindigul Ph : 04551 - 234064 / 320144 1733 Tamil Nadu Dindigul Natham Ph : 04544 - 246093 / 320111 1734 Tamil Nadu Dindigul Oddanchatram Ph : 04553 - 243359 / 320550 1735 Tamil Nadu Dindigul Palani Ph : 04545 - 244055 / 320069 1736 Tamil Nadu Dindigul Palani RF Road Ph : 04545 - 244054 / 326990 1737 Tamil Nadu Dindigul Palani Road ,Dindigul Ph : 0451 - 2424432 / 3205030 1738 Tamil Nadu Erode Anthiyur Erode Ph : 04256 - 262660 / 321525 1739 Tamil Nadu Erode Appakudal Erode Ph : 04256 - 246211 / 321526 1740 Tamil Nadu Erode Bhavani Ph : 04256 - 233234 / 320003 1741 Tamil Nadu Erode Bhavani Mettur Road Ph : 04256 - 230458 / 321527 1742 Tamil Nadu Erode Dharapuram Ph : 04258 - 221081 / 320882 1743 Tamil Nadu Erode Erode Ph : 0424 - 2266405 / 3256105 1744 Tamil Nadu Erode Erode Perundurai Road Ph : 0424 - 2266403 / 3249785 1745 Tamil Nadu Erode Gobichettipalayam Ph : 04285 - 228668 / 321544 1746 Tamil Nadu Erode Kangayam Ph : 04257 - 222040 / 325521 1747 Tamil Nadu Erode Nachiyappa Road Ph : 0424 - 2256403 / 3249790 1748 Tamil Nadu Erode Perundurai Erode Ph : 04294 - 220166 / 325576 1749 Tamil Nadu Erode Punjaipuliyampatti Ph : 04295 - 269546 / 320810 1750 Tamil Nadu Erode Sathy Road Erode Ph : 0424 - 2211652 / 3200377 1751 Tamil Nadu Erode Sathyyamangalam Ph : 04295 - 220051 / 320655 1752 Tamil Nadu Erode Sivagiri Erode Ph : 04204 - 240070 / 322111 1753 Tamil Nadu Erode Soolai Erode Ph : 0424 - 2290181 / 3249795 1754 Tamil Nadu Erode Veerappanchatram Ph : 0424 - 2222494 / 3249789 1755 Tamil Nadu Kancheepuram Chengalpattu Ph : 044 - 27423426 / 37411819 1756 Tamil Nadu Kancheepuram Gandhi Nagar Kancheepuram Ph : 044 - 27237330 / 37219603 1757 Tamil Nadu Kancheepuram Guduvanchery Ph : 044 - 27466922 / 37418998 1758 Tamil Nadu Kancheepuram Kanathur Ph : 044 - 27444277 / 32219499 1759 Tamil Nadu Kancheepuram Karapakkam Ph : 044 - Nil / 32219522 1760 Tamil Nadu Kancheepuram Kasturba Nagar Adayar Ph : 044 - 24421073 / 32022521 1761 Tamil Nadu Kancheepuram Keelkattalai Ph : 044 - 22470969 / 32018695 1762 Tamil Nadu Kancheepuram Kelambakkam Ph : 044 - 27474368 / 32214602 1763 Tamil Nadu Kancheepuram Kottivakkam Ph : 044 - 24487880 / 32018829 1764 Tamil Nadu Kancheepuram Kovilambakkam Ph : 044 - 22681388 / 32219652 1765 Tamil Nadu Kancheepuram Krishna Nagar West Tambaram Ph : 044 - 22265303 / 32019323 1766 Tamil Nadu Kancheepuram Kundrathur Ph : 044 - 24780656 / 32020216 1767 Tamil Nadu Kancheepuram Mangadu Ph : 044 - 24762636 / 32018824 1768 Tamil Nadu Kancheepuram Medavakkam Chennai Ph : 044 - 22773626 / 32022512 1769 Tamil Nadu Kancheepuram Melmaruvathur Ph : 044 - 27528395 / 37502913 1770 Tamil Nadu Kancheepuram Nellukarai Street Kancheepuram Ph : 044 - 27233928 / 37210233 / 47201820 1771 Tamil Nadu Kancheepuram Padappai Ph : 044 - 27175077 / 37108603 1772 Tamil Nadu Kancheepuram Pallavaram Darga Road Ph : 044 - 22644167 / 32018906 1773 Tamil Nadu Kancheepuram Pallikaranai Ph : 044 - 22462620 / 32018838 1774 Tamil Nadu Kancheepuram Rajakilpakkam Ph : 044 - 22282144 / 32018826 / 43306407 1775 Tamil Nadu Kancheepuram Sriperumbudur Ph : 044 - 27163802 / 37101413 1776 Tamil Nadu Kancheepuram Sunguvarchatram Ph : 044 - 27192135 / 37102003 1777 Tamil Nadu Kancheepuram T K Nambi Street Kanchipuram Ph : 044 - Nil / 37213900 1778 Tamil Nadu Kancheepuram Tambaram Ph : 044 - 22261180 / 32964547 1779 Tamil Nadu Kancheepuram Taramani Chennai Ph : 044 - 22436880 / 32019320 1780 Tamil Nadu Kancheepuram Thiruporur Kanchipuram Ph : 044 - 27445138 / 32967968 1781 Tamil Nadu Kancheepuram Ullagaram Ph : 044 - 22246285 / 32018683 1782 Tamil Nadu Kancheepuram Vallal Pachaiappan Street Kanchipuram Ph : 044 - 27233929 / 32018841 1783 Tamil Nadu Kanniyakumari Anjugramam Kanyakumari Ph : 04652 - 267071 / 314455 1784 Tamil Nadu Kanniyakumari Kanyakumari Ph : 04652 - 247325 / 321777 1785 Tamil Nadu Kanniyakumari Kolachel Ph : 04651 - 225779 / 323337 1786 Tamil Nadu Kanniyakumari Kuzhithurai Ph : 04651 - 261441 / 323818 1787 Tamil Nadu Kanniyakumari Marthandam Ph : 04651 - 270624 / 323009 1788 Tamil Nadu Kanniyakumari Monday Market Ph : 04651- 220414 / 323858 1789 Tamil Nadu Kanniyakumari Nagercoil Ph : 04652 - 226870 / 321003 1790 Tamil Nadu Kanniyakumari Swamiyar Madam Ph : 04651 - 276907 / 342969 1791 Tamil Nadu Kanniyakumari Vadassery Junction Ph : 04652 - 276817 / 321119 1792 Tamil Nadu Karur Karur Ph : 04324 - 262650 / 320680 1793 Tamil Nadu Karur Kaveri Nagar Kulithalai, Karur Ph : 04323 - 222411 / 322462 1794 Tamil Nadu Karur Thanthonnimalai Ph : 04324 - 255587 / 319415 1795 Tamil Nadu Karur Velayuthampalayam Karur Ph : 04324 - 270005 / 319316 1796 Tamil Nadu Krishnagiri Bangalore Road Hosur Ph : 04344 - 244022 / 311293 1797 Tamil Nadu Krishnagiri Bargur Krishnagiri Ph : 04343 - 265033 / 322352 Annual Report 2010-11 116

Branch Network (Contd.)

SLNO STATE DISTRICT BRANCH NAME PHONE NO 1798 Tamil Nadu Krishnagiri Chennai Road Krishnagiri Ph : 04343 - 235750 / 320190 1799 Tamil Nadu Krishnagiri Denkanikottai Krishnagiri Ph : 04347 - 235008 / 322916 1800 Tamil Nadu Krishnagiri Hosur Ph : 04344 - 245022 / 325343 1801 Tamil Nadu Krishnagiri Hosur Tank Street Ph : 04344 - 244080 / 312960 1802 Tamil Nadu Krishnagiri Kaveripatanam Krishnagiri Ph : 04343 - 252001 / 322353 1803 Tamil Nadu Krishnagiri Krishnagiri Ph : 04343 - 235606 / 324113 1804 Tamil Nadu Krishnagiri New Pet MG Road Ph : 04344 - 246022 / 311747 1805 Tamil Nadu Krishnagiri Old Pet Krishnagiri Ph : 04343 - 234750 / 322438 1806 Tamil Nadu Krishnagiri Parvathy Nagar Ph : 04344 - 245617 / 311739 1807 Tamil Nadu Krishnagiri Veppanapalli Krishnagiri Ph : 04343 - 260070 / 320110 1808 Tamil Nadu Krishnagiri Shantinagar Hosur Ph : 04344- 220232/ 313017 1809 Tamil Nadu Madurai Arapalayam Ph : 0452 - 2380133 / 3209290 1810 Tamil Nadu Madurai Elumalai Madurai Ph : 04552 - 246080 / 320765 1811 Tamil Nadu Madurai Gyanaolipuram Ph : 0452 - 2600088 / 3248575 1812 Tamil Nadu Madurai Karuppayurani Madurai Ph : 0452 - 2589979 / 3246740 1813 Tamil Nadu Madurai Madurai Anna Nagar Ph : 0452 - 2533892 / 3246540 1814 Tamil Nadu Madurai Madurai West Masi Street Ph : 0452 - 2343069 / 3202632 1815 Tamil Nadu Madurai Melur Madurai Ph : 0452 - 2417001 / 3248210 1816 Tamil Nadu Madurai Nagamalai Pudukkottai Madurai Ph : 0452 - 2458715 / 3277662 1817 Tamil Nadu Madurai Othakadai Ph : 0452 - 2422201 / 3248674 1818 Tamil Nadu Madurai Paravai Madurai Ph : 0452 - 2463677 / 3277806 1819 Tamil Nadu Madurai Peraiyur Madurai Ph : 04549 - 275030 / 325993 1820 Tamil Nadu Madurai Sholavandan Ph : 04543 - 258013 / 324999 1821 Tamil Nadu Madurai T. Kallupatty Ph : 04549 - 270045 / 320856 1822 Tamil Nadu Madurai Tallakulam Ph : 0452 - 2532303 / 3208020 1823 Tamil Nadu Madurai Townhall Rd,Madurai Ph : 0452 - 2342190 / 3205560 1824 Tamil Nadu Madurai Velangudi Ph : 0452 - 2666086 / 3248655 1825 Tamil Nadu Nagapattinam Nagapattinam Ph : 04365 - 248878 / 322182 1826 Tamil Nadu Nagapattinam Sirkali Ph : 04364 - 270010 / 313025 1827 Tamil Nadu Namakkal EVR Road Trichy Ph : 0431 - 2771978 / 3240811 1828 Tamil Nadu Namakkal Mohanur Namakkal Ph : 04286 - 255245 / 323086 1829 Tamil Nadu Namakkal Namakkal Ph : 04286 - Nil / 325957 1830 Tamil Nadu Namakkal Pallipalayam Ph : 04288 - 241559 / 329782 1831 Tamil Nadu Namakkal Puduchatram Namakkal Ph : 04286 - 243233 / 323087 1832 Tamil Nadu Namakkal Salem Road, Namakkal Ph : 04286 - 275559 / 322077 1833 Tamil Nadu Namakkal Trichy Road, Namakkal Ph : 04286 - 220559 / 322511 1834 Tamil Nadu Namakkal Velur Namakkal Ph : 04268 - 220010 / 320166 1835 Tamil Nadu Namakkal Vennandur Namakkal Ph : 04287 - 264088 / 325747 1836 Tamil Nadu Nilgiri Coonoor Ph : 0423 - 2221332 / 3200925 1837 Tamil Nadu Nilgiri Gudallur Ph : 04262 - 260624 / 09344221242 1838 Tamil Nadu Nilgiri Ootty Ph : 0423 - 2445615 / 3204277 1839 Tamil Nadu Perambalur Jayankonda Cholapuram Ph : 04331 - 250498 / 320105 1840 Tamil Nadu Perambalur Perambalur Ph : 04328 - 275115 / 322566 1841 Tamil Nadu Pudukkottai Keeranur Ph : 04339 - 262093 / 320723 1842 Tamil Nadu Pudukkottai Pudukkottai Alangudi Road Ph : 04322 - 224433 / 327084 1843 Tamil Nadu Ramanathapuram GH Road Ramanathapuram Ph : 04567 - 227377 / 321904 1844 Tamil Nadu Salem Ammapet Salem Ph : 0427 - 2251199 / 3241960 1845 Tamil Nadu Salem Attayampatti Salem Ph : 0427 - 2471799 / 3257269 1846 Tamil Nadu Salem Attur Ph : 04282 - 253435 / 329151 1847 Tamil Nadu Salem Bengaluru Road Salem Ph : 0427 - 2447275 / 3205225 1848 Tamil Nadu Salem Dhadhagapatti Salem Ph : 0427 - 2218555 / 3241951 1849 Tamil Nadu Salem Dharmapuri Ph : 04342 - 260797 / 326006 1850 Tamil Nadu Salem Elampillai Salem Ph : 0427 - 2491860 / 3257270 1851 Tamil Nadu Salem Gangavalli Salem Ph : 04282 - 232777 / 320856 1852 Tamil Nadu Salem Gorimedu Salem Ph : 0427 - 2404002 / 3241972 1853 Tamil Nadu Salem Lee Bazar Salem Ph : 0427 - 2351116 / 3209112 1854 Tamil Nadu Salem Mecheri Salem Ph : 04298 - 278557 / 322897 1855 Tamil Nadu Salem Mettur Ph : 04298 - 245440 / 320177 1856 Tamil Nadu Salem Meyyanur Salem Road Ph : 0427 - 2431722 / 3200190 1857 Tamil Nadu Salem Nangavally Salem Ph : 04298 - 266444 / 322895 1858 Tamil Nadu Salem Omallur Salem Ph : 04290 - 220393 / 329865 1859 Tamil Nadu Salem Rasipuram Ph : 04287 - 223303 / 326787 1860 Tamil Nadu Salem Salem Ph : 0427 - 2262145 / 3252214 1861 Tamil Nadu Salem Salem Agraharam Road Ph : 0427 - 2266480 / 3200038 1862 Tamil Nadu Salem Salem Five Road Ph : 0427 - 2446445 / 3200440 1863 Tamil Nadu Salem Sankagiri Salem Ph : 04283 - 240090 / 320915 1864 Tamil Nadu Salem Shevapet Salem Ph : 0427 - 2210006 / 3242050 1865 Tamil Nadu Salem Tharamangalam Ph : 04290 - 250110 / 320631 1866 Tamil Nadu Salem Veeraganur Salem Ph : 04282 - 237745 / 329152 1867 Tamil Nadu Salem Vinayakapuram Attur Ph : 04282 - 251435 / 320599 1868 Tamil Nadu Sivaganga Devakottai Ph : 04561 - 261806 / 321103 1869 Tamil Nadu Sivaganga Karaikudi Sivaganga Ph : 04565 - 236580 / 327128 1870 Tamil Nadu Thanjavur Kaveri Nagar, Thanjavur Ph : 04362 - 272422 / 315658 1871 Tamil Nadu Thanjavur Kumbakonam Ph : 0435 - 2402020 / 3208877 1872 Tamil Nadu Thanjavur Papanasam Ph : 04374 - 220405 / 320211 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 117 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO 1873 Tamil Nadu Thanjavur Pattukkottai Ph : 04373 - 255652 / 329987 1874 Tamil Nadu Thanjavur Thanchavur Ph : 04362 - 230425 / 322909 1875 Tamil Nadu Thanjavur Thirunageswaram Thanjavur Ph : 0435 - 2464325 / Nil 1876 Tamil Nadu Thanjavur Tiruvaiyaru Ph : 04362 - 260976 / 321210 1877 Tamil Nadu Theni Andipatti Ph : 04546 - 242885 / 321222 1878 Tamil Nadu Theni Bodinayakkanur Ph : 04546 - 282436 / 325828 1879 Tamil Nadu Theni Cumbum Ph : 04554 - 270381 / 320980 1880 Tamil Nadu Theni Gudalur Theni Ph : 04554 - 230381 / 322632 1881 Tamil Nadu Theni Periyakulam Ph : 04546 - 230950 / 326688 1882 Tamil Nadu Theni Theni Ph : 04546 253044 / 327752 1883 Tamil Nadu Theni Theni Periyakulam Road Ph : 04546 - 263022 / 310713 1884 Tamil Nadu Thiruvallur Avadi Ph : 044 - 26556018 / 32936200 1885 Tamil Nadu Thiruvallur JN Road Thiruvallur Ph : 044 - 27664878 / 37603317 1886 Tamil Nadu Thiruvallur Kattupakkam Ph : 044 - 32018854 / 43801281 1887 Tamil Nadu Thiruvallur Kodambakkam Ph : 044 - 24830031 / 32018749 / 43565769 1888 Tamil Nadu Thiruvallur Madhuravoyal Market Ph : 044 - Nil / 32018727 1889 Tamil Nadu Thiruvallur Manavalan Nagar Chennai Ph : 044 - 27641100 / 37604001 1890 Tamil Nadu Thiruvallur North Park Street Ambattur OT Ph : 044 - 26570199 / 32000193 1891 Tamil Nadu Thiruvallur Pattabiram Chennai Ph : 044 - 26852181 / 32219792 1892 Tamil Nadu Thiruvallur Poonamallee Ph : 044 - 26490466 / 32000776 1893 Tamil Nadu Thiruvallur Porur Ph : 044 - 24761673 / 32962006 1894 Tamil Nadu Thiruvallur Pudur Chennai Ph : 044 - 26860182 / 32018836 1895 Tamil Nadu Thiruvallur Puzhal Chennai Ph : 044 - 26590701 / 32018809 1896 Tamil Nadu Thiruvallur Tiruttani Ph : 044 - 27885162 / 37802177 1897 Tamil Nadu Thiruvallur Tiruvallur Ph : 044 - 27662202 / 37603019 1898 Tamil Nadu Thiruvallur Vellore Ph : 0416 - 2211533 / 3268891 / 4203030 1899 Tamil Nadu Thiruvallur Gummidipundi Ph : 044- 27929290/37904470 1900 Tamil Nadu Tirunelveli Alangulam Ph : 04633 - 270662 / 324432 1901 Tamil Nadu Tirunelveli Ambasamudram Ph : 04634 - 255659 / 324994 1902 Tamil Nadu Tirunelveli Chidambaram Nagar Tuticorn Ph : 0461 - 2337706 / 3207020 1903 Tamil Nadu Tirunelveli Rajapalayam Ph : 04563 - 222110 / 326030 1904 Tamil Nadu Tirunelveli Sripuram Tirunelveli Ph : 0462 - 2324233 / 3207376 1905 Tamil Nadu Tirunelveli Srivilliputtur Ph : 04563 - 266444 / 324477 1906 Tamil Nadu Tirupur Anupparpalayam Ph : 0421 - 2258775 / 3206456 1907 Tamil Nadu Tirupur Colony Bus Stop Tirupur Ph : 0421 - 2475638 / 3200882 1908 Tamil Nadu Tirupur Kangeyam Road Thirupur Ph : 0421 - 2420660 / 3206010 1909 Tamil Nadu Tirupur Kunnathur, Tiruppur Ph : 04294 - 264344 / 322354 1910 Tamil Nadu Tirupur Old Bus Stand Ph : 0421 - 2242660 / 3200865 1911 Tamil Nadu Tirupur Perichipalayam Tirupur Ph : 0421 – 2421551 / 3200969 1912 Tamil Nadu Tirupur Ramnagar 1st Street Tirupur Ph : 0421 - 2245022 / 3268485 1913 Tamil Nadu Tirupur Udumalpet Pollachi Main Road Ph : 04252 - 232939 / 321556 1914 Tamil Nadu Tirupur Vellakoil Tirupur Ph : 04257 - 264484 / 320872 1915 Tamil Nadu Tiruvannamalai Arni Ph : 04173 - 225606 / 323242 1916 Tamil Nadu Tiruvannamalai Chetput Ph : 04181 - 252444 / 320970 1917 Tamil Nadu Tiruvannamalai Cheyyar Ph : 04182 - 220315 / 321107 1918 Tamil Nadu Tiruvannamalai Gandhi Nagar Thiruvannamalai Ph : 04175 - 220703 / 311230 1919 Tamil Nadu Tiruvannamalai Polur Main Road Ph : 04175 - 220701 / 310086 1920 Tamil Nadu Tiruvannamalai Polur Thiruvannamalai Ph : 04181 - 222188 / 323964 1921 Tamil Nadu Tiruvannamalai Tiruvannamalai Ph : 04175 - 220542 / 310069 1922 Tamil Nadu Tiruvarur Mannargudi Ph : 04367 - 253903 / 324544 1923 Tamil Nadu Tiruvarur Nidamangalam Ph : 04367 - 260065 / 324300 1924 Tamil Nadu Tiruvarur Tiruvarur Ph : 04366 - 225920 / 324458 1925 Tamil Nadu Trichy Cantonment Trichy Ph : 0431 - 2413911 / 3253143 1926 Tamil Nadu Trichy Chatram Trichy Ph : 0431 - 2708545 / 3209228 1927 Tamil Nadu Trichy Dalmiapuram Trichy Ph : 04329 - 235678 / 326195 1928 Tamil Nadu Trichy Kattur Trichy Ph : 0431 - 2532042 / 3253140 1929 Tamil Nadu Trichy Lalgudi Trichy Ph : 0431 - 2541025 / 3253125 1930 Tamil Nadu Trichy Manachanallur Trichy Ph : 0431 - 250358 / 3253146 1931 Tamil Nadu Trichy Melechintamani Ph : 0431 - 2703911 / 3253137 1932 Tamil Nadu Trichy Musiri Trichy Ph : 04326 - 260042 / 9345231412 1933 Tamil Nadu Trichy Palakarai Ph : 0431 - 2418342 / 3253686 1934 Tamil Nadu Trichy Ponmalai Ph : 0431 - 2446043 / 3240750 1935 Tamil Nadu Trichy Pullampadi Trichy Ph : 04329 - 241077 / 326196 1936 Tamil Nadu Trichy Srinivasa Nagar Trichy Ph : 0431 - 2780051 / 3253122 / 4030414 1937 Tamil Nadu Trichy Sundar Nagar Trichy Ph : 0431 - 2351249 / 3253099 1938 Tamil Nadu Trichy Thiruvani koil Trichy Ph : 0431 - 2231399 / 3256640 1939 Tamil Nadu Trichy Thuraiyur Ph : 04327 - 256490 / 320003 1940 Tamil Nadu Trichy Thuvarankurichi Ph : 0433 - 2254533 / 9344167664 1941 Tamil Nadu Trichy Trichitollgate Ph : 0431 - 2418334 / 3204171 1942 Tamil Nadu Trichy Vaiyampatti Trichy Ph : 04332 - 272277 / Nil 1943 Tamil Nadu Trichy Woriur Trichy Ph : 0431 - 2761979 / 3243414 1944 Tamil Nadu Trichy Uppiliyapuram Trichy Ph : 04327-252345 / 320009 1945 Tamil Nadu Tuticorin Kamaraj Salai Thiruchendur Ph : 04639 - 245571 / 325740 1946 Tamil Nadu Tuticorin Kayathar Tuticorn Ph : 04632 - 261125 / 320924 1947 Tamil Nadu Tuticorin Kovilpatti Ph : 04632 - 225433 / 320880 Annual Report 2010-11 118

Branch Network (Contd.)

SLNO STATE DISTRICT BRANCH NAME PHONE NO 1948 Tamil Nadu Tuticorin Nazerath Ph : 04639 - 279859 / 324445 1949 Tamil Nadu Tuticorin Thirunelveli Ph : 0462 - 2330683 / 3203474 1950 Tamil Nadu Tuticorin Villattikulam Ph : 04638 - 234002 / 320321 1951 Tamil Nadu Vellore Ambur Bypass Road Ph : 0417 - 4249577 / 04174 - 310003 1952 Tamil Nadu Vellore Arani Raod Vellore Ph : 0416 - 2222312 / 3201336 1953 Tamil Nadu Vellore Arcot Ph : 04172 - 235626 / 325246 1954 Tamil Nadu Vellore Arcot Road,Vellore Ph : 0416 - 2233644 / 3201193 1955 Tamil Nadu Vellore Panapakkam Ph : 04177 - 252029 / 312799 1956 Tamil Nadu Vellore Sathuvachari RTO Road Ph : 0416 - 2255422 / 3201118 1957 Tamil Nadu Vellore Thiruppathur Ph : 04179 - 228334 / 327159 1958 Tamil Nadu Vellore Tholkapiyar Street Ph : 04172 - 237744 / 310706 1959 Tamil Nadu Vellore Vellore Katpadi Road Ph : 0416 - 2222183 / 3206589 1960 Tamil Nadu Vellore Walajapet Ph : 04172 - 232595 / 324361 1961 Tamil Nadu Villupuram Chinna Salem Villupuram Ph : 04151 - 236100 / 310406 1962 Tamil Nadu Villupuram Erattai Pillayar Kovil Street Ph : 04175 - 220702 / 311231 1963 Tamil Nadu Villupuram Nehru Street Tindivanam Ph : 04147 - 225465 / 321717 1964 Tamil Nadu Villupuram Nehruji Road Villupuram Ph : 04146 - 222168 / 324998 1965 Tamil Nadu Villupuram Thirukovillur Ph : 04153 - 253056 / 9363222170 1966 Tamil Nadu Villupuram Tindivanam Ph : 04147 - 225466 / 321717 1967 Tamil Nadu Villupuram Ulunthurpettai Villupuram Ph : 04149 - 222407 / 9364522899 1968 Tamil Nadu Villupuram Vridachalam Ph : 04143 - 232266 / 310444 1969 Tamil Nadu Villupuram Thiruvannamalai Road Gingee Ph : 04145 - 224442 / 320999 1970 Tamil Nadu Virudhunagar Aruppukkottai Ph : 04566 - 223797 / 320987 1971 Tamil Nadu Virudhunagar Sivakasi Ph : 04562 - 227290 / 04563 - 322778 1972 Tamil Nadu Virudhunagar Thenkasi Ph : 04633 - 222322 / 322808 1973 Tamil Nadu Virudhunagar Toothukudi Ph : 0461 - 2332711 / 3204595 1974 Tamil Nadu Virudhunagar Virudh Nagar Ph : 04562 - 2423457 / 310188 / 420016 1975 Uttar Pradesh Gautam Bodda Nagar Bhangel Ph : 0120 - 2417413 / 3144186 1976 Uttar Pradesh Gaziabad Gaziabad Ph : 0120 - 2702678 / 3225010 1977 Uttar Pradesh Gaziabad Kotgaon Ghaziabad Ph : 0120 - Nil / 3143729 1978 Uttar Pradesh Gaziabad Rajnagar Ph : 0120 - 2821574 / 3144184 1979 Uttar Pradesh Gaziabad Shalimar, U.P. Ph : 0120 - 2630952 / 3144192 1980 Uttar Pradesh Gowtham Budha Nagar Noida Ph : 0120 - 2512720 / 3239450 1981 Uttar Pradesh Kanpur Lal Bengla Ph : 0512 - 2400090 / 3211224 1982 Uttar Pradesh Lucknow Alambagh Ph : 0522 - 4109798 / 3219956 1983 Uttar Pradesh Lucknow Aliganj, Lucknow Ph : 0522 - 2330038 / 3226727 1984 Uttar Pradesh Lucknow Aminabad Circle Ph : 0522 - 4109799 / 3211109 1985 Uttar Pradesh Lucknow Gomtinagar Ph : 0522 - 2304862 / 3223620 1986 Uttar Pradesh Lucknow Hardoi Road Lucknow Ph : 0522 - 2409919 / 3190060 1987 Uttar Pradesh Lucknow Latouche Road Ph : 0522 - 2638931 / 3223627 1988 Uttar Pradesh Lucknow Mahanagar Ph : 0522 - 2339930 / 3223634 1989 Uttar Pradesh Lucknow Thakurganj Ph : 0522 - Nil / 3190417 1990 Uttar Pradesh Mathura Dori Bazar Ph : 0565 - 2502003 / 3206438 1991 Uttar Pradesh Mathura Holy Gate Ph : 0565 - 2401131 / 3244325 1992 Uttar Pradesh Meerut Begum Bridge Ph : 0121 - 4058980 / 3248390 1993 Uttar Pradesh Meerut Eves Crossing Ph : 0121 - 4056647 / 3271608 1994 Uttar Pradesh Meerut HRS Chowk Ph : 0121 - 4056646 / 3272809 1995 Uttar Pradesh Meerut R K Puram Ph : 0121 - Nil / 4056524 1996 Uttar Pradesh Varanasi Lahurabir Ph : 0542 - 2401804 / 3278127 1997 Uttar Pradesh Varanasi Lanka Ph : 0542 - 2366930 / 3278126 1998 Uttar Pradesh Varanasi Luxa Road Ph : 0542 - 2401792 / 3270336 1999 West Bengal Bardhaman Hattala Road, Durgapur Ph : 0343 - 2559778 / 3207466 2000 West Bengal Bardhaman Katwa-Circus Maidan Ph : 03453 - Nil / 320973 2001 West Bengal Burdwan Asansol Ph : 0341 - 2221147 / 3200160 2002 West Bengal Burdwan Burdwan Ph : 0342 - Nil / 3208651 2003 West Bengal Burdwan Burnpur Road, Asansol Ph : 0341 - 2253401 / 3207380 2004 West Bengal Burdwan Durgapur Ph : 0343 - 2588655 / 3200260 2005 West Bengal Burdwan Kalna,W.Bengal Ph : 03454 - 257825 / 320098 2006 West Bengal Burdwan Raniganj Bardhaman Ph : 0341 - 2443295 / 3266355 2007 West Bengal Hooghly Aarambag Ph : 03211 - Nil / 321015 2008 West Bengal Hooghly Bandel Ph : 033 - 26311444 / 32210611 2009 West Bengal Hooghly Chandernagar Ph : 033 - 26833703 / 32424288 2010 West Bengal Hooghly Chinsurah Town Ph : 033 - 26811689 / 32017602 2011 West Bengal Hooghly Dankuni Ph : 033 - Nil / 32017917 2012 West Bengal Hooghly Konnagar Ph : 033 - 26740430 / 32210622 2013 West Bengal Hooghly Nabagram Ph : 033 - 26220809 / 32212403 2014 West Bengal Hooghly Serampore Ph : 033 - Nil / 32210613 2015 West Bengal Hooghly Uttarpara Hugly Ph : 033 - Nil / 32625372 2016 West Bengal Howrah Domjur Ph : 033 - Nil / 32422192 2017 West Bengal Howrah Howrah Maidan Ph : 033 - 26382254 / 32602356 2018 West Bengal Howrah Netaji Subhash Road Ph : 033 - Nil - 32561304 2019 West Bengal Howrah Nona, Uluberia Ph : 033 - 26610913 / 32561242 2020 West Bengal Howrah Panchanantalla Ph : 033 - Nil / 32211560 2021 West Bengal Howrah Ramrajthala, Railway Station Road Ph : 033 - Nil / 32561240 2022 West Bengal Howrah Salkiya Ph : 033 - 26554569 / 32560928 Auditors’ Balance Profit and Cash Flow Balance Sheet Branch 119 Financial Statements Report Sheet Loss Account Schedules Statement Abstract Network

SLNO STATE DISTRICT BRANCH NAME PHONE NO

2023 West Bengal Howrah Salkiya Ph : 033 - Nil / 32625220 2024 West Bengal Kolkata Andul Howrah Ph : 033 - 26697528 / 32211502 2025 West Bengal Kolkata Baguihati Road Ph : 033 - Nil / 31902440 2026 West Bengal Kolkata Bidhan Sarani Ph : 033 - Nil / 32424285 2027 West Bengal Kolkata Bow Bazar Ph : 033 - 22377146 / 32458003 2028 West Bengal Kolkata Dunlop Bridge Ph : 033 - 25100594 / 32562741 2029 West Bengal Kolkata Garia Ph : 033 - 24352660 / 32424290 2030 West Bengal Kolkata Garia More Ph : 033 - Nil / 32607615 2031 West Bengal Kolkata Hazara Ph : 033 - Nil / 32210618 2032 West Bengal Kolkata Lake Town Ph : 033 - Nil / 32011382 / 40678199 2033 West Bengal Kolkata Nagar Bazar Ph : 033 - 25299853 / 32459585 2034 West Bengal Kolkata Ram Lal Bazar Ph : 033 - Nil / 32017716 2035 West Bengal Nadia Chakdah Ph : 034 - 73313171 / 0347 - 3240072 2036 West Bengal Nadia Kalyani Ph : 033 - Nil / 32211601 2037 West Bengal Nadia Krishnanagar ,W.Bengal Ph : 03472 - Nil / 327002 2038 West Bengal Nadia Ranaghat Ph : 03473 - Nil / 313319 2039 West Bengal Nadia Santipur,W.Bengal Ph : 03472 - Nil / 327651 2040 West Bengal North 24 Parganas Bangaon Ph : 03215 - 257400 / 322870 2041 West Bengal North 24 Parganas Barasat Ph : 033 - 32569522 / 25844568 2042 West Bengal North 24 Parganas Barrackpore Ph : 033 - 25452057 / 32561155 2043 West Bengal North 24 Parganas Basirhat Ph : 03217 - 265696 / 311133 2044 West Bengal North 24 Parganas Bhelgoria Ph : 033 - 25444243 / 32212579 2045 West Bengal North 24 Parganas Dum Dum Ph : 033 - 25113127 / 32561540 2046 West Bengal North 24 Parganas Habra Ph : 0321 - Nil / 6310026 2047 West Bengal North 24 Parganas Kanchrapara Ph : 033 - Nil / 32427230 2048 West Bengal North 24 Parganas Kankinara Ph : 033 - 25024957 / 32210617 2049 West Bengal North 24 Parganas Madhyamgram Ph : 033 - 25180566 / 32210619 2050 West Bengal North 24 Parganas Naihati Ph : 033 - Nill / 32017620 2051 West Bengal North 24 Parganas Rajarhat Ph : 033 - 25733755 / 32210712 2052 West Bengal North 24 Parganas Sodepur Ph : 033 - 25956097 / 32427163 2053 West Bengal South 24 Parganas Amtala Ph : 033 - 24809825 / 32972784 2054 West Bengal South 24 Parganas Baruipur Ph : 033 - 24230529 / 32212301 2055 West Bengal South 24 Parganas Behala Sehkher Bazar Ph : 033 - Nil / 32017915 2056 West Bengal South 24 Parganas Brhampur Ph : 033 - Nil / 32561257 2057 West Bengal South 24 Parganas Budge Budge Ph : 033 - Nil / 32509605 2058 West Bengal South 24 Parganas Colony More Ph : 033 - 25242385 / 31901133 2059 West Bengal South 24 Parganas Jadavpur Ph : 033 - Nil / 31922444 2060 West Bengal South 24 Parganas Razpur Ph : 033 - Nil / 32210616 2061 West Bengal South 24 Parganas Shakuntala Park Ph : 033 - 24526838 / 32625581 2062 West Bengal South 24 Parganas Shyamnagar, West Bengal Ph : 033 - Nil / 32017726 2063 West Bengal South 24 Parganas Sonarpur Ph : 033 - Nil / 32011238 2064 West Bengal South 24 Parganas Takurpukur Ph : 033 - 24381286 / 32424282 Annual Report 2010-11 120

Corporate Information

Registered office Registrar and Share Transfer Agents V/104 Manappuram House M/s SKDC Consultants Limited Valapad PO, Thrissur 680567 Kanapathy Towers Kerala 3rd Floor, 1391/A-1, Sathy Road Ganapathy PO, Coimbator-641 006 Company Registration No: 09-06623 Ph 0422 6549995, 0422 2539835 CIN NO: L65910KL1992PLC006623 [email protected] RBI Registration No: B.16.00029 Statutory Auditors Executive Chairman M/s S. R. Batliboi & Associates (Regn.No.101049W) Mr. V. P. Nandakumar Chartered Accountants TPL House, Second Floor Managing Director 3 Cenotaph Road Mr. I. Unnikrishnan Teynampet, Chennai- 600 018

Joint Managing Director Share Listed at Mr B. N. Raveendra Babu Bombay Stock Exchange Cochin Stock Exchange Board Members Madras Stock Exchange Adv. V. R. Ramachandran BSE Scrip Code 531213 Mr. A. R. Sankaranarayanan ISIN – INE 522 D 01027 Mr. P. Manomohanan Dr. V. M. Manoharan Bankers Mr. M. Anandan State Bank of India Mr. Shailesh J Mehta Syndicate Bank Mr. Jagdish Capoor Catholic Syrian Bank Mr. Gautam Saigal South Indian Bank Mr. Gaurav Mathur Kotak Mahindra Bank Punjab National Bank Company Secretary Oriental Bank of Commerce Mr. C. Radhakrishnan IDBI Bank AXIS Bank Chief Financial Officer HDFC Bank Ms. Bindhu A. L. Development Credit Bank ING Vaisya Bank Vice President Federal Bank Mr. Sooraj Nandan Lakshmivilas Bank Allahabad Bank Chief General Manager ICICI Bank Mr. N. R. Bahuleyan

Chief Technical Advisor Mr. K. B. Brahmadathan (Retd. Chief General Manager BSNL)

kanchan swarn sonu hem kanaka shona

bangaram thangam kundan ponn

soan

Registered office V/104 Manappuram House Valapad PO, Thrissur 680567, Kerala www.manappuram.com