Abridged Annual Report 2016-17

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Deveg¬eÀceefCekeÀe INDEX

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1. efveosMekeÀ ceb[ue Board of Directors 2

2. ceneheýebOekeÀieCe General Managers 3 3. heýebOe efveosMekeÀ SJeb meerF&Dees keÀe keÀLeve Statement of Managing Director & CEO 4 4. heíeefle SkeÀ ve]pej ceW Progress at a glance 7 5. efveosMekeÀeW keÀer efjheesì& Directors’ Report 8 - heýebOeve ®e®ee& Deewj efJeMuesBank 20 - efveieefcele meeceeefpekeÀ oeef³elJe - Corporate Social Responsibility 22 - DeieĆeer yeQkeÀ ³eespevee - Lead Bank Scheme 23 - mene³ekeÀ kebÀheefve³eeb/meb³egÊeÀ GÐece Deewj heé³eesefpele mebmLeeSb - Subsidiaries/Joint Ventures and Sponsored Institutions 24 - jepeYee

14 ¨¸ì ¨¸¸¢«¸ÄˆÅ ¬¸¸š¸¸£µ¸ ¤¸¾“ˆÅ ˆÅ¸ ›¸¸½¢’¬¸ ¬¸¿¥¸Š›¸ NOTICE FOR 14TH ANNUAL GENERAL MEETING ENCLOSED

meebefJeefOekeÀ uesKee hejer#ekeÀ STATUTORY AUDITORS ke=Àles heejKe Sb[ kebÀheveer ˆ¼Å÷¸½ ‡.‚¸£. ¬¸º¥¸¸‰¸½ ‡¿” ˆ¿Åœ¸›¸ú ˆ¼Å÷¸½ ˆÅ¸½“¸£ú ‡¿” ˆ¿Åœ¸›¸ú ˆ¼Å÷¸½ ¬¸ú‡Ÿ¸‚¸£‡¬¸ ‡¿” meveoer uesKeekeÀej meveoer uesKeekeÀej ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ ‡¬¸¸½¢¬¸‡’Ã¬¸, ‡¥¸‡¥¸œ¸ú pe³ehegj hegCes keÀesuekeÀelee ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ hegCes for Parakh & Co. for A.R. Sulakhe & Co. for KOTHARI & Co. Chartered Accountants Chartered Accountants for CMRS & Associates, LLP Chartered Accountants Jaipur Pune Chartered Accountants Kolkata Pune

(œÏš¸¸›¸ ˆÅ¸¡¸¸Ä¥¸¡¸ : `¥¸¸½ˆÅŸ¸¿Š¸¥¸', 1501, ¢©¸¨¸¸]¸ú›¸Š¸£, œ¸ºµ¸½ 411 005) (Head Office: 'Lokmangal', 1501, Shivajinagar, Pune - 411 005)

1 Annual Report 2016-17

efveosMekeÀ ceb[ue / BOARD OF DIRECTORS 31-03-2017 keÀer efmLeefle kesÀ Devegmeej / As on 31-03-2017

ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ Shri R. P. Marathe œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ Managing Director & CEO

ªú ‚¸£. ˆ½Å. Š¸ºœ÷¸¸ Shri R. K. Gupta ªú ‡. ¬¸ú. £¸„÷¸ Shri A. C. Rout ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ Executive Director ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ Executive Director

ªú ‚÷¸ú©¸ ¢¬¸¿í ªú ]¸ú. ªúˆºÅŸ¸¸£ ªú œÏ½Ÿ¸\¸›Í ‡. ¬¸½“ú Shri Ateesh Singh Shri G. Sreekumar Shri Premchandra A. Sethi

ªú ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ ”¸Á. ‚\¸Ä›¸¸ ‚¸£. š¸¸½¥¸¢ˆÅ¡¸¸ ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ Shri R. Thamodharan Dr. Archana R. Dholakia Shri Deendayal Agrawal

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cenehe´yebOekeÀieCe / GENERAL MANAGERS 31-03-2017 keÀer efmLeefle kesÀ Devegmeej / As on 31-03-2017

ªú œ¸ú. ‡›¸. ™½©¸œ¸¸¿”½ ªú ›¸¿™ˆºÅŸ¸¸£ ¨¸ú. œ¸º]¸¸£ú ªú ›¸£½›Í ˆÅ¸¤¸£¸ ªú ‡Ÿ¸. ¬¸ú. ˆºÅ¥¸ˆÅµ¸úÄ Shri P. N. Deshpande Shri Nandkumar V. Pujari Shri Narender Kabra Shri M. C. Kulkarni

ªú £¸]¸¢ˆÅ£µ¸ ž¸¸½ƒÄ£ ªú Ÿ¸›¸¸½]¸ ¢¤¸¬¨¸¸§ ªú ‚¸£. ‡\¸. ûÅ”µ¸ú¬¸ ªú ¬¸ú. ˆ½Å. ¨¸Ÿ¸¸Ä Shri Rajkiran Bhoir Shri Manoj Biswal Shri R. H. Phadnis Shri C. K. Verma

ªú ‡¬¸. ]¸ú. ¢\¸÷¸§½ ªú ’ú. ¨¸ú. £Ÿ¸µ¸ Ÿ¸»÷¸úÄ ªú ‚¸£. ˆ½Å. œ¸¸µ”½¡¸ (Ÿ¸º‰¡¸ ¬¸÷¸ˆÅÄ÷¸¸ ‚¢š¸ˆÅ¸£ú) Shri S. G. Chitale Shri T. V. Raman Murthy Shri R. K. Pandey (C.V.O.)

3 Annual Report 2016-17

ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ Shri R. P. Marathe œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ Managing Director & CEO

œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ ˆÅ¸ ˆÅ˜¸›¸ STATEMENT OF MANAGING DIRECTOR & CEO

¢œÏ¡¸ ©¸½¡¸£š¸¸£ˆÅ¸Ê, Dear Shareholders,

th Ÿ¸ÿ ‚¸œ¸ˆ½Å ¤¸ÿˆÅ ˆÅú 14¨¸ú¿ ¨¸¸¢«¸ÄˆÅ ¬¸¸š¸¸£µ¸ ¤¸¾“ˆÅ Ÿ¸Ê ‚¸œ¸ ¬¸ž¸ú ˆÅ¸ í¸¢™ÄˆÅ ¬¨¸¸Š¸÷¸ I extend a very warm welcome to each one of you to the 14 Annual General Meeting of your Bank. During past couple of years banking ˆÅ£÷¸¸ í»¿— ¢œ¸Ž¥¸½ ™¸½ ¨¸«¸¸½ô ˆ½Å ™¸¾£¸›¸ ¤¸ÿ¢ˆ¿ÅŠ¸ „Ô¸¸½Š¸ ˆÅ¢“›¸¸ƒ¡¸¸Ê ¬¸½ Š¸º]¸£ £í¸ í¾ ‚¸¾£ industry is passing through turbulence, rise in NPAs and consequent ‡›¸œ¸ú‡ Ÿ¸Ê ¤¸[õ¸½î¸£ú ÷¸˜¸¸ ƒ¬¸ˆ½Å œÏ¢÷¸ˆ»Å¥¸ œÏž¸¸¨¸ ¬¸£ˆÅ¸£ú ®¸½°¸ ˆ½Å ¤¸íº÷¸ ¬¸½ ¤¸ÿˆÅ¸Ê ˆÅ¸½ adverse impact affecting many public sector banks. I have taken over œÏž¸¸¢¨¸÷¸ ˆÅ£ £í½ íÿ— Ÿ¸ÿ›¸½ 26 ¢¬¸÷¸¿¤¸£, 2016 ˆÅ¸½ ‚¸œ¸ˆ½Å ¤¸ÿˆÅ ˆ½Å œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ as Managing Director & CEO of your Bank on 26th September, 2016. I ¬¸úƒÄ‚¸½ ˆ½Å ³Åœ¸ Ÿ¸Ê ˆÅ¸¡¸ÄŠÏíµ¸ ¢ˆÅ¡¸¸ í¾— ‡½¬¸½ \¸º›¸¸¾÷¸úœ¸»µ¸Ä ¬¸Ÿ¸¡¸ Ÿ¸Ê ƒ¬¸ œÏ¢÷¸¦«“÷¸ ¤¸ÿˆÅ thank the Government of India for entrusting me with the responsibility ˆÅ¸ ›¸½÷¸¼÷¨¸ ˆÅ£›¸½ ˆÅú ¢]¸ŸŸ¸½™¸£ú Ÿ¸º^¸½ ¬¸¸ÿœ¸›¸½ ˆ½Å ¢¥¸‡ Ÿ¸ÿ ž¸¸£÷¸ ¬¸£ˆÅ¸£ ˆÅ¸ ‚¸ž¸¸£ú to lead this esteemed Bank, in such challenging times. I am committed í»¿— Ÿ¸ÿ ƒ¬¸ 82 ¨¸«¸Ä œ¸º£¸›¸½ Š¸¸¾£¨¸œ¸»µ¸Ä ¬¸¿¬˜¸¸›¸ ˆÅ¸ ›¸½÷¸¼÷¨¸ ˆÅ£›¸½ ‚¸¾£ ƒ¬¸½ ›¸ƒÄ …¿\¸¸ƒ¡¸¸Ê to lead this 82 year old institution and take it to greater heights and ÷¸ˆÅ œ¸íº¿\¸¸›¸½ ˆ½Å ¢¥¸‡ ÷¸˜¸¸ ¢í÷¸š¸¸£ˆÅ¸Ê ˆ½Å Ÿ¸»¥¡¸ ¬¸¿¨¸š¸Ä›¸ ˆ½Å ¢¥¸‡ œÏ¢÷¸¤¸Ö í»¿— increase the stakeholders’ value. ‚¤¸ ÷¸ˆÅ ¨¸¾¢æ¸ˆÅ ¤¸¸]¸¸£¸Ê Ÿ¸Ê ¬¸÷¸÷¸ Ÿ¸¿™ú ˆ½Å ¤¸¸¨¸]¸»™ ‹¸£½¥¸» ®¸½°¸ ‚œ¸›¸½ ¬¸º´[õ ¨¡¸¸œ¸ˆÅ Despite the continued sluggishness in the global markets till recently, ‚¸¢˜¸ÄˆÅ ¢¬¸Ö¸¿÷¸¸Ê œ¸£ ¥¸¸ž¸ ‚¢]¸Ä÷¸ ˆÅ£÷¸¸ £í¸ í¾— ¢¨¸Ÿ¸ºÍúˆÅ£µ¸ ˆ½Å ˆÅ¸£µ¸ ‚¬˜¸¸¡¸ú the domestic front continued to book gains on its robust macroeconomic Ÿ¸ºÍ¸ ™¤¸¸¨¸ ˆ½Å ¤¸¸¨¸]¸»™ Ÿ¸ºÍ¸¬ûÅú¢÷¸, ¢›¸¡¸¿¢°¸÷¸ £¸]¸ˆÅ¸½«¸ú¡¸ ‹¸¸’¸ ‚¸¾£ \¸¸¥¸» ‰¸¸÷¸¸ fundamentals. Reigned in inflation, controlled fiscal deficit and current ‹¸¸’¸ ˆ½Å ™¸¾£ Ÿ¸Ê ž¸¸£÷¸ú¡¸ ¨¸¼¢Ö ˆÅú ¤¸¸÷¸ š¡¸¸›¸ ™½›¸½ ¡¸¸½Š¡¸ £íú í¾— account deficit despite the temporary currency squeeze on account of demonetization, has made the Indian growth story more appealing.

¨¸«¸Ä 2017-18 í½÷¸º ]¸ú¨¸ú‡ ¨¸¼¢Ö ˆÅú 7.4% ˆÅú ž¸¢¨¸«¡¸¨¸¸µ¸ú ¡¸í ¬¸¿ˆ½Å÷¸ ™½÷¸ú í¾ The GVA growth forecast for 2017-18 has been put at 7.4%, indicating ¢ˆÅ ]¸ú‡¬¸’ú ˆ½Å ³Åœ¸ Ÿ¸Ê ¬¸¿£\¸›¸¸÷Ÿ¸ˆÅ ¬¸ºš¸¸£ ‚¸¾£ ˆ½Å›Íú¡¸ ¤¸]¸’ ˆ½Å ™¸¾£¸›¸ ‹¸¸½¢«¸÷¸ that the economy will gather faster pace with remonetisation, backed „œ¸¸¡¸¸Ê ×¸£¸ ¬¸Ÿ¸¢˜¸Ä÷¸ œ¸º›¸Ÿ¸ºÄÍúˆÅ£µ¸ ˆ½Å ¬¸¸˜¸ ‚˜¸Ä¨¡¸¨¸¬˜¸¸ ÷¸½]¸ Š¸¢÷¸ œÏ¸œ÷¸ ˆÅ£½Š¸ú— by a slew of measures announced during Union Budget and rolling out Ÿ¸½ˆÅ ƒ›¸ ƒ¿¢”¡¸¸, ¬’¸’Ä ‚œ¸ ƒ¿¢”¡¸¸, „™¸£úˆ¼Å÷¸ ‡ûÅ”ú‚¸ƒÄ ›¸ú¢÷¸ ‚¸¾£ ƒ›üÅ¸-¤¸¾¢ˆ¿ÅŠ¸ of structural reforms as GST. Make in India, Start-up India, liberalised ž¸¸£÷¸ú¡¸ ‚˜¸Ä¨¡¸¨¸¬˜¸¸ ˆÅ¸½ ‚¸¾£ Š¸¢÷¸ ™½Š¸ú— ¤¸ÿˆÅ¸Ê ˆÅ¸½ ‚¸£ƒÄ‚¸ƒÄ’ú (REITs) ‚¸¾£ FDI policy and infra backing will give the Indian economy a further ‚¸ƒÄ‡›¸¨¸ú‚¸ƒÄ’ú (InvITs) Ÿ¸Ê ¢›¸¨¸½©¸ ˆÅú ‚›¸ºŸ¸¢÷¸ ™½›¸½ ˆÅ¸ ˆ½Å›Íú¡¸ ¤¸ÿˆÅ ˆÅ¸ ¢›¸µ¸Ä¡¸ boost. The decision of the Central bank to allow banks to invest in „÷¬¸¸í¨¸š¸ÄˆÅ £í¸ í¾ ‚¸¾£ ¡¸í ¢£¡¸¥¸ ƒ¬’½’/ ƒ›üÅ¸¬’ïÆ\¸£ ˆ¿Åœ¸¢›¸¡¸¸Ê í½÷¸º ÷¸£¥¸÷¸¸ ˆÅ¸ REITs and InVITs is encouraging and would offer a good source of ¤¸½í÷¸£ Ÿ¸¸š¡¸Ÿ¸ í¸½ ¬¸ˆ½ÅŠ¸¸— †µ¸ ˆÅú ¨¸¼¢Ö, ]¸¸½ ¢ˆÅ ¢œ¸Ž¥¸½ 61 ¨¸«¸¸½ô Ÿ¸Ê ›¡¸»›¸÷¸Ÿ¸ £íú, liquidity for the Real Estate/ Infrastructure Companies. The credit growth which was at its lowest in the past 61 years is expected to ‚¤¸ ¨¸¼¢Ö©¸ú¥¸ ‹¸£½¥¸» Ÿ¸¸¿Š¸ ˆ½Å ‚¸š¸¸£ œ¸£ ƒ¬¸Ÿ¸Ê ¬¸ºš¸¸£ ‚œ¸½¢®¸÷¸ í¾— improve based on increased domestic demand.

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31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä í½÷¸º ‚¸œ¸ˆ½Å ¤¸ÿˆÅ ˆ½Å ˆÅ¸¡¸Ä-¢›¸«œ¸¸™›¸ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ Let me now place before you some of the key features about your st œÏŸ¸º‰¸ ¢¨¸©¸½«¸÷¸¸‚¸Ê ˆÅ¸½ Ÿ¸ÿ ‚¸œ¸ˆ½Å ¬¸¸Ÿ¸›¸½ œÏ¬÷¸º÷¸ ˆÅ£›¸¸ \¸¸í÷¸¸ í»¿— Bank’s performance for the year ended 31 March 2017. Performance of your Bank during 2016-17. ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ‚¸œ¸ˆ½Å ¤¸ÿˆÅ ˆÅ¸ ˆÅ¸¡¸Ä-¢›¸«œ¸¸™›¸ Your Bank has a branch network of 1897 branches of which 55% ‚¸œ¸ˆ½Å ¤¸ÿˆÅ ˆÅ¸ 1897 ©¸¸‰¸¸‚¸Ê ˆÅ¸ ©¸¸‰¸¸ ›¸½’¨¸ˆÄÅ í¾, ¢]¸¬¸Ÿ¸Ê ¬¸½ 55 œÏ¢÷¸©¸÷¸ branches are in rural and semi urban area. Bank has presence in 30 ©¸¸‰¸¸‡¿ ŠÏ¸Ÿ¸úµ¸ ‚¸¾£ ‚š¸Ä ©¸í£ú ®¸½°¸ Ÿ¸Ê íÿ— ™½©¸ ˆ½Å 30 £¸]¡¸¸Ê ‚¸¾£ 4 ¬¸¿‹¸©¸¸¢¬¸÷¸ states and 4 union territories. Bank has also ATM network of 1878, for œÏ™½©¸¸Ê Ÿ¸Ê ¤¸ÿˆÅ ˆÅú „œ¸¦¬˜¸¢÷¸ í¾— ŠÏ¸íˆÅ¸Ê ˆÅ¸½ ¬¸½¨¸¸‡¿ œÏ™¸›¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ ˆÅ¸ providing services to customers. Bank has committed and dedicated 1878 ‡’ú‡Ÿ¸ ˆÅ¸ ›¸½’¨¸ˆÄÅ ž¸ú í¾— ¤¸ÿˆÅ ˆ½Å œ¸¸¬¸ œÏ¢÷¸¤¸Ö ‚¸¾£ ¬¸Ÿ¸¢œ¸Ä÷¸ ˆÅ¸¡¸Ä-¤¸¥¸ work force with an average age of about 42 years and 37% staff í¾, ¢]¸¬¸ˆÅú ‚¸¾¬¸÷¸ ‚¸¡¸º ¥¸Š¸ž¸Š¸ 42 ¨¸«¸Ä í¾ ÷¸˜¸¸ 37% ¬’¸ûÅ ˆÅú ‚¸¡¸º 35 ¨¸«¸Ä having age less than 35 years.

¬¸½ ˆÅŸ¸ í¾— The year 2016-17 has been a year of consolidation. In keeping with low ¨¸«¸Ä 2016-17 ´[õúˆÅ£µ¸ (ˆ¿Å¬¸¸½¢¥¸”½©¸›¸) ˆÅ¸ ¨¸«¸Ä £í¸ í¾— ›¡¸»›¸ †µ¸ „“¸¨¸ ˆÅ¸½ credit off take, Bank reduced its bulk deposit liabilities and certificate š¡¸¸›¸ Ÿ¸Ê £‰¸÷¸½ íº‡ ¤¸ÿˆÅ ›¸½ ‚œ¸›¸ú ˜¸¸½ˆÅ ]¸Ÿ¸¸£¸¢©¸ ™½¡¸÷¸¸‚¸Ê ÷¸˜¸¸ ]¸Ÿ¸¸ œÏŸ¸¸µ¸œ¸°¸ Ÿ¸Ê of deposits. As a result, the share of CASA deposits increased from ˆÅŸ¸ú ˆÅú í¾— ƒ¬¸ˆ½Å œ¸¢£µ¸¸Ÿ¸¬¨¸³Åœ¸ ˆÅ¸¬¸¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸¿ 31.03.2016 ˆ½Å 36.67% 36.67% as on 31.03.2016 to 44.89% as on 31.03.2017. Another focus was NPA recovery. The total reduction in NPAs by way of recovery, ¬¸½ ¤¸[õˆÅ£ 31.03.2017 ˆÅ¸½ 44.89% í¸½ Š¸ƒÄ— ƒ¬¸ˆ½Å ¬¸¸˜¸ íú ‡›¸œ¸ú‡ ¨¸¬¸»¥¸ú œ¸£ upgradation and write off increased from Rs.1740 crore in 2015-16 to ž¸ú ¬¸‹¸›¸ š¡¸¸›¸ ˆ½Å¦›Í÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸— ¨¸¬¸»¥¸ú, ˆÅ¸½¢’-„››¸¡¸›¸ ‚¸¾£ ¤¸’Ã’¸ ‰¸¸÷¸½ Ÿ¸Ê Rs.2316 crore in 2016-17. Your Bank maintained the capital adequacy ”¸¥¸›¸½ ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ¬¸½ ‡›¸œ¸ú‡ Ÿ¸Ê ˆºÅ¥¸ ˆÅŸ¸ú 2015-16 ˆ½Å ²Å.1740 ˆÅ£¸½”õ ¬¸½ ¤¸[õˆÅ£ ratios of CET 1 Capital, Tier I Capital and total CRAR. Other highlights 2016-17 Ÿ¸Ê ²Å.2316 ˆÅ£¸½”õ í¸½ Š¸ƒÄ— ‚¸œ¸ˆ½Å ¤¸ÿˆÅ ›¸½ ¬¸úƒ’ú 1 œ¸»¿]¸ú, ¢’¡¸£ I œ¸»¿]¸ú of performance are as under: ‚¸¾£ ˆºÅ¥¸ ¬¸ú‚¸£‡‚¸£ ˆÅ¸ œ¸»¿]¸ú œ¸¡¸¸Äœ÷¸÷¸¸ ‚›¸ºœ¸¸÷¸ ¤¸›¸¸‡ £‰¸¸— ˆÅ¸¡¸Ä-¢›¸«œ¸¸™›¸  Total business stood at Rs.2,40,590 crore as on 31.03.2017. ˆÅú ‚›¡¸ ¢¨¸©¸½«¸÷¸¸‡¿ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿ -  31.03.2017 ˆÅ¸½ ˆºÅ¥¸ ¨¡¸¨¸¬¸¸¡¸ ²Å.240590 ˆÅ£¸½”õ £í¸—  As on 31.03.2017, total deposits stood at Rs.1,39,053 crore &  31.03.2017 ˆÅ¸½ ˆºÅ¥¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸¿ ²Å.139053 ˆÅ£¸½”õ £íú¿ ‚¸¾£ ¬¸ˆÅ¥¸ Gross advances stood at Rs.1,01,537 crore. ‚¢ŠÏŸ¸ ²Å.101537 ˆÅ£¸½”õ £í½—  CASA deposits increased by 22.47% (Rs.11,452 crore) Y-o-Y, to  ˆÅ¸¬¸¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸Ê Ÿ¸Ê ¨¸«¸Ä-™£-¨¸«¸Ä ‚¸š¸¸£ œ¸£ 22.47% (²Å.11452 Rs.62,419 crore as on March 31, 2017.

ˆÅ£¸½”õ) ˆÅú ¨¸¼¢Ö íºƒÄ ‚¸¾£ 31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ ¡¸í ²Å.62419 ˆÅ£¸½”õ £í½—  Retail advances has grown by 25.65% Y-o-Y and stood at  ¢£’½¥¸ ‚¢ŠÏŸ¸ Ÿ¸Ê ¨¸«¸Ä-™£-¨¸«¸Ä ‚¸š¸¸£ œ¸£ 25.65% ¨¸¼¢Ö íºƒÄ ‚¸¾£ Rs.15,792 crore as on 31.03.2017. 31.03.2017 ˆÅ¸½ ¡¸í ²Å.15792 ˆÅ£¸½”õ £í½—  Cost of deposits has come down to 6.05% for period ended 31st  ]¸Ÿ¸¸£¸¢©¸¡¸¸Ê ˆÅú ¥¸¸Š¸÷¸ ¢¨¸Š¸÷¸ ¨¸«¸Ä ˆ½Å 6.75% ¬¸½ ˆÅŸ¸ í¸½ˆÅ£ 31 Ÿ¸¸\¸Ä, March 2017 from 6.75% a year ago. Cost of deposits in Q4 was 2017 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ‚¨¸¢š¸ í½÷¸º 6.05% £íú— \¸¸¾˜¸ú ¢÷¸Ÿ¸¸íú Ÿ¸Ê ]¸Ÿ¸¸£¸¢©¸¡¸¸Ê 5.75%, showing a reduction of 84 bps Y-o-Y. ˆÅú ¥¸¸Š¸÷¸ 5.75% £íú ]¸¸½ ¢ˆÅ ¨¸«¸Ä-™£-¨¸«¸Ä ‚¸š¸¸£ œ¸£ 84 ¤¸úœ¸ú‡¬¸ ˆÅú  Non-Interest income increased by 47.95% Y-o-Y to Rs.1,508 ˆÅŸ¸ú ™©¸¸Ä÷¸ú í¾— crore during the year ended March 31, 2017 (from Rs.1,019  31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ Š¸¾£-¤¡¸¸]¸ ‚¸¡¸ ¨¸«¸Ä-™£-¨¸«¸Ä crore in the previous year). ‚¸š¸¸£ œ¸£ 47.95% ¤¸[õˆÅ£ (¢œ¸Ž¥¸½ ¨¸«¸Ä ˆ½Å ²Å.1019 ˆÅ£¸½”õ ¬¸½) ²Å.1508 ˆÅ£¸½”õ í¸½ Š¸ƒÄ—  Due to increase in NPA, Net Interest Margin (NIM) for the year  ‡›¸œ¸ú‡ Ÿ¸Ê ¤¸[õ¸½î¸£ú ˆ½Å ˆÅ¸£µ¸ Ÿ¸¸\¸Ä, 2017 í½÷¸º ¢›¸¨¸¥¸ ¤¡¸¸]¸ ‚¸¡¸ ended March 2017 stood at 1.99%. (‡›¸‚¸ƒÄ‡Ÿ¸) 1.99% £íú—  Operating profit for the financial year 2016-17, stood at Rs.1,827  ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 í½÷¸º œ¸¢£\¸¸¥¸›¸Š¸÷¸ ¥¸¸ž¸ ²Å.1827 ˆÅ£¸½”õ £í¸ crore (Rs. 2,345 crore for the financial year 2015-16). (¢¨¸î¸ú¡¸ ¨¸«¸Ä 2015-16 í½÷¸º ²Å.2345 ˆÅ£¸½”õ)—  Net loss for the year ended March 31, 2017 was Rs.1,373 crore  31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä í½÷¸º ¢›¸¨¸¥¸ í¸¢›¸ ²Å.1373 ˆÅ£¸½”õ £íú (as compared to net profit of Rs.101 crore for the year ended (31 Ÿ¸¸\¸Ä, 2016 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä í½÷¸º ²Å.101 ˆÅ£¸½”õ ˆ½Å ¢›¸¨¸¥¸ ¥¸¸ž¸ ˆ½Å March 31, 2016).

÷¸º¥¸›¸¸÷Ÿ¸ˆÅ)—  Gross NPAs and Net NPAs stood at 16.93% [Rs.17,189 crore]  ¬¸ˆÅ¥¸ ‡›¸œ¸ú‡ ‚¸¾£ ¢›¸¨¸¥¸ ‡›¸œ¸ú‡ ÇÅŸ¸©¸À 16.93% (²Å.17189 ˆÅ£¸½”õ) and 11.76% [Rs.11,230 crore] respectively. ‚¸¾£ 11.76% (²Å.11230 ˆÅ£¸½”õ) £í½—  Bank had Capital Adequacy ratio of 11.18% as on 31st March  ¤¸ÿˆÅ ˆÅ¸ œ¸»¿]¸ú œ¸¡¸¸Äœ÷¸÷¸¸ ‚›¸ºœ¸¸÷¸ 31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ 11.18% £í¸, ]¸¸½ 2017, well above the required level of 10.25% as per Basel III ¢ˆÅ ¤¸½¬¸¥¸-III Ÿ¸¸›¸™¿”¸Ê ˆ½Å ‚›¸º¬¸¸£ 10.25% ˆ½Å ‚œ¸½¢®¸÷¸ ¬÷¸£ ¬¸½ œ¸¡¸¸Äœ÷¸ norms. ‚¢š¸ˆÅ í¾—  CET 1 ratio stood at 7.28% as against minimum required 6.75%.  ¬¸úƒ’ú 1 ‚›¸ºœ¸¸÷¸ ›¡¸»›¸÷¸Ÿ¸ ‚œ¸½¢®¸÷¸ 6.75% ˆÅú ÷¸º¥¸›¸¸ Ÿ¸Ê 7.28% £í¸—

5 Annual Report 2016-17

During the year, your Bank had taken new business initiatives as ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ›¸½ ›¸ƒÄ ˆÅ¸£¸½¤¸¸£ œ¸í¥¸¿½ ˆÅú ]¸¸½ ¢ˆÅ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾¿: under:  ¬¸úœ¸ú¬¸ú ˆÅ¸½ ›¸¡¸¸ ³Åœ¸ ™½›¸¸ - ¢£’½¥¸ ‚¸¾£ ‡Ÿ¸‡¬¸‡Ÿ¸ƒÄ ×¸£¸ œÏ¬÷¸¸¨¸ ˆ½Å ¤¸½í÷¸£  Revamping of CPCs – Retail and MSME to reduce the turnaround Ÿ¸»¥¡¸¸¿ˆÅ›¸ ¬¸¢í÷¸ ’›¸Ä ‚£¸„¿” ¬¸Ÿ¸¡¸ Ÿ¸Ê ˆÅŸ¸ú— time along with better evaluation of proposals.

 ¤¸ÿˆÅ ›¸½ ¤¸½í÷¸£ ŠÏ¸íˆÅ ¬¸½¨¸¸ œÏ™¸›¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¢¨¸¢ž¸››¸ ¬˜¸¸›¸¸Ê œ¸£ ‚¢÷¸¢£Æ÷¸  Bank has installed additional 74 Cash Deposit Machines and 74 ›¸ˆÅ™ú ]¸Ÿ¸¸ Ÿ¸©¸ú›¸Ê ‚¸¾£ 30 ¬¨¸\¸¢¥¸÷¸ ¬¸½¥ûÅ œ¸¸¬¸¤¸ºˆÅ ¢œÏ¿¢’¿Š¸ ¢ˆÅ¡¸¸½¬ˆÅ 30 Automated Self-Pass Book Printing Kiosks at various places ¬˜¸¸¢œ¸÷¸ ¢ˆÅ‡— ƒ¬¸ˆ½Å ¬¸¸˜¸ íú ›¸ˆÅ™ú ]¸Ÿ¸¸ Ÿ¸©¸ú›¸¸Ê ˆÅú ˆºÅ¥¸ ¬¸¿‰¡¸¸ 79 í¸½ Š¸ƒÄ to provide better customer service. With this total number of ‚¸¾£ ¬¨¸\¸¢¥¸÷¸ ¬¸½¥ûÅ œ¸¸¬¸¤¸ºˆÅ ¢œÏ¿¢’¿Š¸ ¢ˆÅ¡¸¸½¬ˆÅ ˆÅú ¬¸¿‰¡¸¸ 103 í¸½ Š¸ƒÄ— Cash Deposit Machines are 79 and Automated Self-Pass Book  ¤¸ÿˆÅ ›¸½ ¢¨¸¢ž¸››¸ ¬¸¿¬˜¸¸‚¸Ê, ¬¸¿¬˜¸¸›¸¸Ê ‚¸¢™ ˆ½Å ©¸º¥ˆÅ ]¸Ÿ¸¸ ˆÅ£›¸½ í½÷¸º ¢¨¸Ô¸¸¢˜¸Ä¡¸¸Ê Printing Kiosks are 103. ˆÅ¸½ ‚¸Á›¸¥¸¸ƒ›¸ ¬¸º¢¨¸š¸¸ „œ¸¥¸¤š¸ ˆÅ£¸ƒÄ—  Bank has provided an online facility to students for deposit of  ž¸¸£÷¸ ˆ½Å Ÿ¸¸›¸›¸ú¡¸ œÏš¸¸›¸Ÿ¸¿°¸ú ˆ½Å ¢”¢]¸’¥¸ ƒ¿¢”¡¸¸ ‚¢ž¸¡¸¸›¸ ˆÅ¸½ ‚¸Š¸½ ¤¸[õ¸›¸½ ˆ½Å fees of different institutes, organization etc. ¢¥¸‡ ‡›¸œ¸ú¬¸ú‚¸ƒÄ ˆ½Å ¬¸¸˜¸ ¡¸»¢›¸ûÅ¸ƒ” œ¸½Ÿ¸Ê’ ƒ¿’£û½Å¬¸ ˆÅ¸ ‚¸£¿ž¸ ¢ˆÅ¡¸¸— ¤¸ÿˆÅ  Introduced Unified Payment Interface in collaboration with NPCI ›¸½ 1 ¥¸¸‰¸ ¬¸½ ‚¢š¸ˆÅ ŠÏ¸íˆÅ¸Ê ˆÅ¸½ ‡›¸£¸½¥¸ ¢ˆÅ¡¸¸— to give push to Digital India Campaign of Hon’ble Prime Minister  ¤¸ÿˆÅ ›¸½ ž¸¸£÷¸ ¬¸£ˆÅ¸£ ˆ½Å “ž¸úŸ¸” ‡œ¥¸úˆ½Å©¸›¸ ˆ½Å ¢¥¸‡ ‡›¸œ¸ú¬¸ú‚¸ƒÄ ¬¸½ of India, Bank has enrolled more than 1 lakh customers. Š¸“]¸¸½”õ ¢ˆÅ¡¸¸—  Bank has also tied up with NPCI for GOI “BHIM” Application.

 ¤¸ÿˆÅ ˆ½Å œ¸¸¬¸ ›¸ƒÄ œ¸ú[õú ˆ½Å ŠÏ¸íˆÅ¸Ê ˆÅú ‚œ¸½®¸¸‚¸Ê ˆÅú œ¸»¢÷¸Ä í½÷¸º ¬¸ž¸ú œÏˆÅ¸£ ˆ½Å  Bank has all the IT Products to suit the Gen Next Customer ‚¸ƒÄ’ú œÏ¸½”Æ’ „œ¸¥¸¤š¸ íÿ— aspirations.  ¤¸ÿˆÅ ›¸½ ‚œ¸›¸ú ‡’ú‡Ÿ¸ Ÿ¸©¸ú›¸¸Ê ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ¬¸½ ‡’ú‡Ÿ¸ ˆÅ¸”Ä í½÷¸º ˆÅ¸Š¸]¸£¢í÷¸  Bank started the Paper-less ATM-RePIN facility (Green PIN) for ‡’ú‡Ÿ¸ -£ú-¢œ¸›¸ (ŠÏú›¸ ¢œ¸›¸) ¬¸º¢¨¸š¸¸ ‚¸£¿ž¸ ˆÅú— ¡¸í ¬¸º¢¨¸š¸¸ œ¸£¿œ¸£¸Š¸÷¸ ATM Card through its ATM Machines. This facility overcomes all £ú-¢œ¸›¸ ‚›¸º£¸½š¸ œÏ¢ÇÅ¡¸¸ ˆÅú ¬¸ž¸ú ˆÅ¢Ÿ¸¡¸¸Ê ˆÅ¸ ¢›¸¨¸¸£µ¸ ˆÅ£÷¸ú í¾— shortcomings of the conventional re-pin request process.  ¤¸ÿˆÅ ›¸½ í½¥˜¸ ˆ½Å¡¸£ ¤¸úŸ¸¸ „œ¸¥¸¤š¸ ˆÅ£¸›¸½ í½÷¸º ¢¬¸Š›¸¸ ’ú’úˆ½Å í½¥˜¸ ƒ›©¡¸¸½£½›¬¸  Bank has tied up with Cigna TTK Health Insurance Company ˆ¿Åœ¸›¸ú ¢¥¸¢Ÿ¸’½” ¬¸½ Š¸“]¸¸½”õ ¢ˆÅ¡¸¸ í¾— ƒ¬¸ú œÏˆÅ¸£ ¤¸ÿˆÅ ›¸½ ]¸›¸£¥¸ ƒ›©¡¸¸½£½›¬¸ Limited for providing Health Care Insurance. Similarly, Bank ¬¸½¨¸¸‡¿ „œ¸¥¸¤š¸ ˆÅ£¸›¸½ í½÷¸º É¡¸»\¸£ ]¸½›¸£¸¥¸ú ƒ¿¢”¡¸¸ ƒ›©¡¸¸½£½›¬¸ ˆ¿Åœ¸›¸ú has also tied up with Future Generali India Insurance Company ¢¥¸¢Ÿ¸’½” ˆ½Å ¬¸¸˜¸ Š¸“]¸¸½”õ ¢ˆÅ¡¸¸ í¾— Limited for providing General Insurance Services.  ¤¸ÿˆÅ ›¸½ ¢¨¸î¸ú¡¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ‚¢÷¸¢£Æ÷¸ 10.14 ¥¸¸‰¸ œ¸ú‡Ÿ¸]¸½”ú¨¸¸ƒÄ ‰¸¸÷¸½  Bank has opened additional 10.14 lakhs PMJDY accounts ‰¸¸½¥¸½— during this financial year. ž¸¢¨¸«¡¸ ˆÅú ‚¸½£ À Way forward: ˆÅ¸½ƒÄ ž¸ú ¬¸¿¬˜¸¸›¸ íŸ¸½©¸¸ ‚œ¸›¸½ ¬¨¸¡¸¿ ˆ½Å ‚›¸ºž¸¨¸¸Ê ¬¸½ ‚¸¾£ ¬¸¸˜¸ íú ¤¸¸]¸¸£ ˆÅú An organization always learns from its own experience as also from Š¸¢÷¸¢¨¸¢š¸¡¸¸Ê ¬¸½ ¬¸ú‰¸÷¸¸ í¾— ¢¨¸¢¨¸š¸ ˆÅ¸£ˆÅ¸Ê ˆÅú ¨¸]¸í ¬¸½ œ¸¢£\¸¸¥¸›¸Š¸÷¸ ¨¸¸÷¸¸¨¸£µ¸ market stimulus. The operating environment is expected to improve Ÿ¸Ê ¨¸÷¸ÄŸ¸¸›¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¬¸ºš¸¸£ ‚œ¸½¢®¸÷¸ í¾— ‚¸œ¸ˆÅ¸ ¤¸ÿˆÅ „ž¸£÷¸ú íºƒÄ \¸º›¸¸¾¢÷¸¡¸¸Ê ˆ½Å during the current year due to variety of factors. Your Bank will respond œÏ¢÷¸ ¬¸ˆÅ¸£¸÷Ÿ¸ˆÅ œÏ¢÷¸¬¸¸™ ™½Š¸¸ ‚¸¾£ ¥¸¸ž¸œÏ™ ¨¡¸¨¸¬¸¸¡¸ Ÿ¸Ê ¨¸¼¢Ö ˆ½Å ¢¥¸‡ ‚¨¸¬¸£¸Ê positively to the emerging challenges and seize the opportunities to ˆÅ¸ ¥¸¸ž¸ „“¸‡Š¸¸— íŸ¸ ‡ˆÅ ›¸‡ ž¸¸£÷¸ ˆÅú ¢›¸¢Ÿ¸Ä¢÷¸ ˆ½Å œÏ¢÷¸ ¬¸Ÿ¸ŠÏ ¨¸¼¢Ö ˆ½Å ¢¥¸‡ grow profitable business. We stand committed to inclusive growth to œÏ¢÷¸¤¸Ö íÿ— build new India. Ÿ¸ÿ íŸ¸½©¸¸ ˆÅú ÷¸£í ‚¸œ¸ˆ½Å ¬¸÷¸÷¸ ¬¸¿£®¸µ¸ ˆÅú ‚œ¸½®¸¸ ˆÅ£÷¸¸ í»¿— I look forward to your continued patronage as ever.

‚¸£. œ¸ú. Ÿ¸£¸“½ R. P. Marathe œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ Managing Director & CEO

6 Jeeef

he´ieefle SkeÀ vepej ceW Progress at a Glance

(` keÀjesæ[ ceW) (` in Crore) 2014-15 2015-16 2016-17

heóÊe hetbpeer Paid up Capital 1063 1168 1168 Deejef#eefle³eeb Reserves 7004 7619 6211 kegÀue peceejeefMe³eeb Total Deposits 122119 138990 139053 Je=ef× % Growth % 4.55 13.82 0.05 kegÀue peceejeefMe³eeW ceW keÀemee keÀe DebMe CASA Share in Total deposits 37.09 36.67 44.89 Deefieće Advances 101210 111240 101537 Je=ef× % Growth % 12.00 9.91 (8.72) efjìsue Deefieće Retail Advances 11817 12568 15792 heéLeefcekeÀlee #es$e Deefieće Priority Sector Advances 39095 41485 40388 ke=Àef

7 Annual Report 2016-17

efveosMekeÀeW keÀer efjheesì& DIRECTORS’ REPORT ‚¸œ¸ˆ½Å ¢›¸™½©¸ˆÅ 31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ˆ½Å ¢¥¸‡ ¥¸½‰¸¸ œ¸£ú¢®¸÷¸ ÷¸º¥¸›¸-œ¸°¸ Your Directors have pleasure in presenting the Annual Report of the ‚¸¾£ ¥¸¸ž¸ ¨¸ í¸¢›¸ ‰¸¸÷¸½ ‚¸¾£ ¨¡¸¨¸¬¸¸¡¸ ‡¨¸¿ œ¸¢£\¸¸¥¸›¸ œ¸£ ¢£œ¸¸½’Ä ˆ½Å ¬¸¸˜¸ ¤¸ÿˆÅ ˆÅú Bank with the audited Balance Sheet, Profit & Loss Account and the ¨¸¸¢«¸ÄˆÅ ¢£œ¸¸½’Ä ‚¸œ¸ˆ½Å ¬¸Ÿ¸®¸ ¬¸í«¸Ä œÏ¬÷¸º÷¸ ˆÅ£÷¸½ í¾. Report on Business and Operations for the year ended March 31, 2017. 1. MANAGEMENT DISCUSSION AND ANALYSIS 1. œÏ¤¸¿š¸›¸ \¸\¸¸Ä ‚¸¾£ ¢¨¸©¥¸½«¸µ¸ 1.1) Economic and Banking Scenario 2016-17 1.1) ‚¸¢˜¸ÄˆÅ ‚¸¾£ ¤¸ÿ¢ˆ¿ÅŠ¸ œ¸¢£´©¡¸ 2016-17 The global economy was marked with subdued growth with low ¨¸¾¢æ¸ˆÅ ‚˜¸Ä¨¡¸¨¸¬˜¸¸ ¨¸«¸Ä ˆ½Å ‚¢š¸ˆÅ¸¿©¸ ž¸¸Š¸ í½÷¸º ¢›¸Ÿ›¸ œ¸µ¡¸ Ÿ¸»¥¡¸ ‚¸¾£ commodity prices and inflation rates for the major part of the Ÿ¸ºÍ¸¬ûÅú¢÷¸ ™£ ˆ½Å ¬¸¸˜¸ Ÿ¸¿™ ¨¸¼¢Ö ¬¸½ ¢\¸¦íÃ›¸÷¸ £íú— ÷¸˜¸¸¢œ¸ ¡¸». ‡¬¸. year. However Post U.S. election, expectations of loose fiscal ˆ½Å \¸º›¸¸¨¸ ˆ½Å „œ¸£¸¿÷¸ ¡¸»›¸¸ƒÄ’½” ¬’½’ Ÿ¸Ê ¢©¸¢˜¸¥¸ £¸]¸ˆÅ¸½«¸ú¡¸ ›¸ú¢÷¸ ˆÅú policy in the United States have pushed the dollar into a strong ‚œ¸½®¸¸‚¸Ê ›¸½ ”¸Á¥¸£ ˆÅ¸½ Ÿ¸]¸¤¸»÷¸ ¦¬˜¸¢÷¸ ‚¸¾£ „\\¸ ¡¸». ‡¬¸. ’ï½]¸£ú ¤¡¸¸]¸ position and higher U.S. Treasury interest rates, thereby giving ™£ ˆÅú ¦¬˜¸¢÷¸ Ÿ¸Ê ¥¸¸ ¢™¡¸¸, ¢]¸¬¸ˆ½Å œ¸¢£µ¸¸Ÿ¸¬¨¸³Åœ¸ œ¸»£½ ¢¨¸æ¸ Ÿ¸Ê ž¸ú ‚¸¡¸ momentum to the yields across the world as well. ‚]¸Ä›¸ ˆÅ¸½ Š¸¢÷¸ ¢Ÿ¸¥¸ú— Indian growth story remained robust despite the demonetization drive in quarter 3 of the FY 16-17. Central Statistics Office has ž¸¸£÷¸ Ÿ¸Ê ¨¸¼¢Ö ˆÅ¸ Ÿ¸¸Ÿ¸¥¸¸ ¢¨¸î¸ú¡¸ ¨¸«¸Ä 16-17 ˆÅú ÷¸ú¬¸£ú ¢÷¸Ÿ¸¸íú Ÿ¸Ê estimated the GDP to grow at 7.1% for 2016–17, on an annual ¢¨¸Ÿ¸ºÍúˆÅ£µ¸ ‚¢ž¸¡¸¸›¸ ˆ½Å ¤¸¸¨¸]¸»™ ¬¸º´[õ £í¸— ˆ½Å›Íú¡¸ ¬¸¸¿¦‰¡¸ˆÅú ˆÅ¸¡¸¸Ä¥¸¡¸ basis. ›¸½ ¨¸¸¢«¸ÄˆÅ ‚¸š¸¸£ œ¸£ 2016-17 í½÷¸º ¬¸ˆÅ¥¸ ‹¸£½¥¸» „÷œ¸¸™ 7.1% ˆÅú The government's final consumption expenditure remained ¨¸¼¢Ö ‚›¸ºŸ¸¸¢›¸÷¸ ˆÅú í¾— the major driver of the growth in FY17, with inflation remaining ¢›¸Ÿ›¸ œ¸µ¡¸ Ÿ¸»¥¡¸¸Ê ˆ½Å ˆÅ¸£µ¸ ¨¸«¸Ä ˆ½Å ‚¢š¸ˆÅ¸¿©¸ ž¸¸Š¸ í½÷¸º Ÿ¸ºÍ¸¬ûÅú¢÷¸ ˆ½Å under control for most part of the year on account of low ¢›¸¡¸¿°¸µ¸ Ÿ¸Ê £í÷¸½ íº‡ ¬¸£ˆÅ¸£ ˆÅ¸ ‚¿¢÷¸Ÿ¸ „œ¸ž¸¸½Š¸ ¨¡¸¡¸ ¢¨¸î¸ú¡¸ ¨¸«¸Ä 17 commodity prices. Investments and exports however remained Ÿ¸Ê ¨¸¼¢Ö ˆÅ¸ œÏŸ¸º‰¸ ˆÅ¸£ˆÅ £í¸— ÷¸˜¸¸¢œ¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¢›¸¨¸½©¸ ‚¸¾£ ¢›¸¡¸¸Ä÷¸ subdued during the year. Agriculture is likely to register robust growth for the 2016-17 by 4.4% against previous year's 0.8% Ÿ¸Ê Ÿ¸¿™ú £íú— ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¤¸½í÷¸£ Ÿ¸¸›¸¬¸»›¸ ×¸£¸ ¬¸Ÿ¸¢œ¸Ä÷¸ ˆ¼Å¢«¸ ¢œ¸Ž¥¸½ (GVA –CSO) backed by good monsoon during the year. ¨¸«¸Ä ˆ½Å 0.8% ˆ½Å œÏ¢÷¸ 2016-17 í½÷¸º 4.4% ˆÅú ¬¸º´[õ ¨¸¼¢Ö ™]¸Ä ˆÅ£›¸¸ A major drive was undertaken for the revival of banking sector ¬¸¿ž¸¸¢¨¸÷¸ í¾ (]¸ú¨¸ú‡-¬¸ú‡¬¸‚¸½)— in 2016-17 including fresh issue of licenses for setting up small ¨¸«¸Ä 2016-17 Ÿ¸Ê ¤¸ÿ¢ˆ¿ÅŠ¸ ®¸½°¸ Ÿ¸Ê œ¸º›¸²Å÷˜¸¸›¸ ˆ½Å ¢¥¸‡ Ÿ¸í÷¨¸œ¸»µ¸Ä ‚¢ž¸¡¸¸›¸ banks and payment banks. \¸¥¸¸¡¸¸ Š¸¡¸¸ ¢]¸¬¸Ÿ¸Ê ž¸ºŠ¸÷¸¸›¸ ¤¸ÿˆÅ¸Ê ‚¸¾£ Ž¸½’½ ¤¸ÿˆÅ¸Ê ˆÅú ¬˜¸¸œ¸›¸¸ í½÷¸º ›¸‡ 1.2) Outlook for 2017-18 ¢¬¸£½ ¬¸½ ¥¸¸ƒ¬¸½›¬¸ ]¸¸£ú ˆÅ£›¸¸ ©¸¸¢Ÿ¸¥¸ í¾— World growth is expected to rise from 3.1 percent in 2016 to 3.5 1.2) 2017-18 ˆ½Å ¢¥¸‡ ‚›¸ºŸ¸¸›¸ percent in 2017 and 3.6 percent in 2018(WEO, April 2017) on Ÿ¸]¸¤¸»÷¸ Š¸¢÷¸¢¨¸¢š¸ ‚¸¾£ ¬¸º´[õ ¨¸¾¢æ¸ˆÅ Ÿ¸¸¿Š¸ ˆ½Å ˆÅ¸£µ¸ ¨¸¾¢æ¸ˆÅ ¨¸¼¢Ö 2016 account of stronger activity and robust global demand ˆ½Å 3.1 œÏ¢÷¸©¸÷¸ ¬¸½ 2017 Ÿ¸Ê 3.5 œÏ¢÷¸©¸÷¸ £íú ‚¸¾£ 2018 Ÿ¸Ê ¤¸[õˆÅ£ On the domestic front, GDP growth is expected to rebound to 3.6 œÏ¢÷¸©¸÷¸ í¸½›¸½ ˆÅ¸ ‚›¸ºŸ¸¸›¸ í¾ (”¤¥¡¸»ƒÄ‚¸½, ‚œÏ¾¥¸ 2017)— 7.2% in 2018 and 7.7% in 2019 (IMF), with inflation expected to be around 5 per cent. Revival of subdued manufacturing ‹¸£½¥¸» ®¸½°¸ Ÿ¸Ê ¬¸ˆÅ¥¸ ‹¸£½¥¸» „÷œ¸¸™ ¨¸¼¢Ö ¥¸Š¸ž¸Š¸ 5 œÏ¢÷¸©¸÷¸ ˆÅú ‚œ¸½¢®¸÷¸ and exports would remain the major concerns during FY18. Ÿ¸ºÍ¸¬ûÅú¢÷¸ ˆ½Å ¬¸¸˜¸ 2018 Ÿ¸Ê 7.2% ‚¸¾£ 2019 Ÿ¸Ê 7.7% ÷¸ˆÅ However remonetisation and lower borrowing costs are œÏ¢®¸œ÷¸ í¸½›¸¸ ‚œ¸½¢®¸÷¸ í¾ (‚¸ƒÄ‡Ÿ¸‡ûÅ)— ¢¨¸î¸ú¡¸ ¨¸«¸Ä 18 ˆ½Å ™¸¾£¸›¸ Ÿ¸¿™ expected to revup the private consumption expenditure. ¢¨¸¢›¸Ÿ¸¸Äµ¸ ‚¸¾£ ¢›¸¡¸¸Ä÷¸ ˆÅ¸ œ¸º›¸²Å÷˜¸¸›¸ œÏŸ¸º‰¸ ¬¸£¸½ˆÅ¸£ ¤¸›¸¸ £í½Š¸¸— ÷¸˜¸¸¢œ¸ The various proposals in the Union Budget 2017-18 with œ¸º›¸Ÿ¸ºÄÍúˆÅ£µ¸ ‚¸¾£ ›¡¸»›¸ „š¸¸£ú ¥¸¸Š¸÷¸ ¬¸½ ¢›¸]¸ú „œ¸ž¸¸½Š¸ ¨¡¸¡¸ Ÿ¸Ê ¤¸™¥¸¸¨¸ regards to stepping up of capital expenditure; boosting the rural ‚œ¸½¢®¸÷¸ í¾— economy and affordable housing, are expected to be growth œ¸»¿]¸ú ¨¡¸¡¸ Ÿ¸Ê ¤¸[õ¸½î¸£ú, ŠÏ¸Ÿ¸úµ¸ ‚˜¸Ä¨¡¸¨¸¬˜¸¸ Ÿ¸Ê Š¸¢÷¸ ‚¸¾£ ¨¸í›¸ ˆÅ£›¸½ stimulating. Replacement of the existing multiple indirect taxes with uniform goods and service tax (GST) across India with ¡¸¸½Š¡¸ ‚¸¨¸¸¬¸ ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ˆ½Å›Íú¡¸ ¤¸]¸’ 2017-18 Ÿ¸Ê ¢¨¸¢ž¸››¸ œÏ¬÷¸¸¨¸ effect from July 1, 2017, is set to give a major boost to India's ¨¸¼¢Ö œÏ½£ˆÅ í¸½›¸¸ ‚œ¸½¢®¸÷¸ í¾— ¢¨¸Ô¸Ÿ¸¸›¸ ¤¸íº¢¨¸š¸ ‚œÏ÷¡¸®¸ ˆÅ£¸Ê ˆ½Å ¬˜¸¸›¸ growth and competitiveness. œ¸£ œ¸»£½ ž¸¸£÷¸ ž¸£ Ÿ¸Ê 01 ]¸º¥¸¸ƒÄ, 2017 ¬¸½ ‡ˆÅ³Åœ¸ ¨¸¬÷¸º ‡¨¸¿ ¬¸½¨¸¸ ˆÅ£ Abolition of the Foreign Investment Promotion Board (FIPB) (]¸ú‡¬¸’ú) ž¸¸£÷¸ ˆÅú ¨¸¼¢Ö ‚¸¾£ œÏ¢÷¸¬œ¸¢š¸Ä÷¸¸ Ÿ¸Ê ÷¸½]¸ú ˆ½Å ¢¥¸‡ ÷¸¾¡¸¸£ í¾— and reforms in FDI policy have been taken to attract higher ¢¨¸™½©¸ú ¢›¸¨¸½©¸ ¬¸¿¨¸š¸Ä›¸ ¤¸¸½”Ä (‡ûÅ‚¸ƒÄœ¸ú¤¸ú) ˆÅ¸ ¬¸Ÿ¸¸œ¸›¸ ‚¸¾£ ‡ûÅ”ú‚¸ƒÄ foreign direct investment (FDI).The strong pace of expansion ›¸ú¢÷¸ Ÿ¸½¿ ¬¸ºš¸¸£ ¢ˆÅ‡ Š¸‡ ÷¸¸¢ˆÅ „\\¸ ¢¨¸™½©¸ú œÏ÷¡¸®¸ ¢›¸¨¸½©¸ (‡ûÅ”ú‚¸ƒÄ) in global trade and output are expected to ease the external ˆÅ¸½ ‚¸ˆÅ¢«¸Ä÷¸ ¢ˆÅ¡¸¸ ]¸¸ ¬¸ˆ½Å— ¢¨¸æ¸ ¨¡¸¸œ¸¸£ Ÿ¸Ê ¢¨¸¬÷¸¸£ ˆÅú ¬¸º´[õ Š¸¢÷¸ ‚¸¾£ demand constraint on domestic growth prospects œ¸¢£µ¸¸Ÿ¸¸Ê ¬¸½ ‹¸£½¥¸» ¨¸¼¢Ö ¬¸¿ž¸¸¨¸›¸¸‚¸Ê œ¸£ ¤¸¸à¸ Ÿ¸¸¿Š¸ ¤¸¸š¡¸÷¸¸‚¸Ê Ÿ¸Ê ‚¸¬¸¸›¸ú Banking sector is also expected to be benefitted by the passing ‚œ¸½¢®¸÷¸ í¾— of the Bankruptcy Law passed for taking remedial action against defaulters \¸»ˆÅˆÅ÷¸¸Ä‚¸Ê ˆ½Å ¢¨¸²ÅÖ ¢›¸¨¸¸£ˆÅ ˆÅ¸£Ä¨¸¸ƒÄ ˆÅ£›¸½ í½÷¸º œ¸¸¢£÷¸ ™ú¨¸¸¢¥¸¡¸¸ ˆÅ¸›¸»›¸ ×¸£¸ ž¸ú ¤¸ÿ¢ˆ¿ÅŠ¸ ®¸½°¸ ˆÅ¸ ¥¸¸ž¸¸¦›¨¸÷¸ í¸½›¸¸ ‚œ¸½¢®¸÷¸ í¾— 2. Performance Highlights 2016-17 2. ¨¸«¸Ä 2016-17 ˆ½Å ˆÅ¸¡¸Ä-¢›¸«œ¸¸™›¸ ˆÅú Ÿ¸º‰¡¸ ¢¨¸©¸½«¸÷¸¸‡¿ 1. Total Business of your Bank stood at Rs. 240590 crore as on 31.03.2017 as compared to Rs. 250230 crore last 1. ‚¸œ¸ˆ½Å ¤¸ÿˆÅ ˆÅ¸ ˆºÅ¥¸ ¨¡¸¨¸¬¸¸¡¸ ¢œ¸Ž¥¸½ ¨¸«¸Ä ˆ½Å ²Å.250230 ˆÅ£¸½”õ year. ˆÅú ÷¸º¥¸›¸¸ Ÿ¸Ê 31.03.2017 ˆÅ¸½ ²Å.240590 ˆÅ£¸½”õ £í¸. 2. Total deposit stood at Rs. 139053 crore as on 2. ˆºÅ¥¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸¿ ¢œ¸Ž¥¸½ ¨¸«¸Ä ˆ½Å ²Å.138990 ˆÅ£¸½”õ ˆÅú ÷¸º¥¸›¸¸ Ÿ¸Ê 31.03.2017 as compared to Rs. 138990 crore last year. ²Å.139053 ˆÅ£¸½”õ £íú¿. 3. Average Deposits stood at Rs. 133392 crore as on 3. ‚¸¾¬¸÷¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸¿ ¢œ¸Ž¥¸½ ¨¸«¸Ä ˆ½Å ²Å. 124788 ˆÅ£¸½”õ ˆÅú ÷¸º¥¸›¸¸ 31.03.2017 as compared to Rs. 124788 crore last year, Ÿ¸Ê 31.03.2017 ˆÅ¸½ ²Å. 133392 ˆÅ£¸½”õ £íú. ¢œ¸Ž¥¸½ ¨¸«¸Ä ˆÅú registering a growth of 6.89% over last year. ÷¸º¥¸›¸¸ Ÿ¸Ê 6.89% ˆÅú ¨¸¼¢Ö ™]¸Ä íºƒÄ. 8 Jeeef

4. ˆÅ¸¬¸¸ ]¸Ÿ¸¸ £¸¢©¸ ¢œ¸Ž¥¸½ ¨¸«¸Ä ²Å. 50967 ˆÅ£¸½”õ ˆÅú ÷¸º¥¸›¸¸ Ÿ¸Ê 4. CASA deposit stood at Rs. 62419 crore against last year figure of Rs. 50967 crore (Registering growth of ²Å. 62419 ˆÅ£¸½”õ £íú (22.47% ˆÅú ¨¸¼¢Ö ™]¸Ä íºƒÄ). ˆºÅ¥¸ ˆÅ¸¬¸¸ 22.47%). Total CASA percentage stood at 44.89%. ˆÅ¸ œÏ¢÷¸©¸÷¸ 44.89% £í¸. 5. Gross advances of the Bank stood at Rs. 101537 crore 5. ¤¸ÿˆÅ ˆÅ¸ ¬¸ˆÅ¥¸ ‚¢ŠÏŸ¸ 31.03.2016 ˆ½Å ²Å.111240 ˆÅ£¸½”õ ˆÅú as on 31.03.2017 in comparison to Rs.111240 crore as ÷¸º¥¸›¸¸ Ÿ¸Ê 31.03.2017 ˆÅ¸½ ²Å.101537 ˆÅ£¸½”õ £í¸. on 31.03.2016 6. œ¸¢£\¸¸¥¸›¸Š¸÷¸ ¥¸¸ž¸ ¢œ¸Ž¥¸½ ¨¸«¸Ä ˆ½Å ²Å. 2345.18 ˆÅ£¸½”õ ˆÅú ÷¸º¥¸›¸¸ 6. Operating Profit stood at Rs 1827.07 crore as on 31.03.2017 as compared to Rs. 2345.18 crore last year Ÿ¸Ê 31.03.2017 ˆÅ¸½ ²Å. 1827.07 ˆÅ£¸½”õ £í¸. 7. Business per branch is Rs 126.83 Crore as on 7. 31.03.2017 ˆÅ¸½ œÏ¢÷¸ ©¸¸‰¸¸ ¨¡¸¨¸¬¸¸¡¸ ²Å.126.83 ˆÅ£¸½”õ £í¸. 31.03.2017. 8. 31.03.2017 ˆÅ¸½ œÏ¢÷¸ ˆÅŸ¸Ä\¸¸£ú ¨¡¸¨¸¬¸¸¡¸ ²Å.18.54 ˆÅ£¸½”õ £í¸. 8. Business per employee is Rs 18.54 Crore as on 31.03.2017 2.1 †µ¸ ˆÅ¸ ®¸½°¸¨¸¸£ ¢¨¸¢›¸¡¸¸½]¸›¸ 2.1 Sectoral Deployment of Credit ‚˜¸Ä¨¡¸¨¸¬˜¸¸ ˆ½Å ¢¨¸¢ž¸››¸ ¨¸Š¸¸½ô ˆÅ¸ ¢¨¸î¸œ¸¸½«¸µ¸ ˆÅ£÷¸½ ¬¸Ÿ¸¡¸ ¤¸ÿˆÅ ›¸½ ¢¨¸ˆ½Å¦›Í÷¸ While financing to various segments of the economy, the Bank †µ¸ ¬¸¿¢¨¸ž¸¸Š¸ ¤¸›¸¸‡ £‰¸›¸½ ˆÅ¸ œÏ¡¸¸¬¸ ¢ˆÅ¡¸¸ í¾, ÷¸¸¢ˆÅ ¢¨¸¢ž¸››¸ ®¸½°¸¸Ê ˆÅ¸½ has endeavored to maintain a diversified credit portfolio, with †µ¸ ¢¨¸¬÷¸¸£µ¸ ¬¸º¢›¸¢ä¸÷¸ í¸½ ¬¸ˆ½Å. ¤¸ÿˆÅ ›¸½ ‚˜¸Ä¨¡¸¨¸¬˜¸¸ ˆÅú ¨¸¼¢Ö Ÿ¸Ê a view to ensuring credit dispersion across sectors. The Bank ¡¸¸½Š¸™¸›¸ ™½›¸½ ¨¸¸¥¸½ ˆÅ¸½£, ¢¨¸¢›¸Ÿ¸¸Äµ¸ú, œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸ ®¸½°¸ ¬¸¸˜¸ íú ‚¸š¸¸£ž¸»÷¸ has continued its efforts to support core, manufacturing and œ¸¢£¡¸¸½]¸›¸¸‚¸Ê ˆÅ¸½ ¬¸Ÿ¸˜¸Ä›¸ ™½›¸½ ˆ½Å ‚œ¸›¸½ œÏ¡¸¸¬¸ ]¸¸£ú £‰¸½ ]¸¸½ ‚¸¢˜¸ÄˆÅ ¨¸¼¢Ö priority sectors as well as infrastructure projects, which serve Ÿ¸Ê ¬¸í¸¡¸ˆÅ íº‡. £¸«’ïú¡¸ ‚¸¢˜¸ÄˆÅ ¨¸¼¢Ö œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸‚¸Ê ˆ½Å ‚›¸º³Åœ¸ ¤¸ÿˆÅ ˆÅ¸ to drive economic growth. This focus of the Bank will continue ¡¸í ûÅ¸½ˆÅ¬¸ ž¸¢¨¸«¡¸ Ÿ¸Ê ž¸ú ]¸¸£ú £í½Š¸¸. in future, in line with the national economic growth priorities. Industry wise credit deployment as on 31.03.2017 is as under: ¢™›¸¸¿ˆÅ 31.03.2017 ˆÅ¸½ „Ô¸¸½Š¸¨¸¸£ †µ¸ ‚¢ž¸¢›¸¡¸¸½]¸›¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ £í¸ À- Sr. Percentage to O/s as on Percentage O/s as on Percentage ˆºÅ¥¸ ˆºÅ¥¸ No. total O/s 31.03.2017 to total O/s 31.03.2016 to total O/s ‚›¸º. ¢¨¸¢›¸¡¸¸½¢]¸÷¸ †µ¸ 31.03.2017 ¤¸ˆÅ¸¡¸¸ 31.03.2016 ¤¸ˆÅ¸¡¸¸ 1 Industry 44811.65 44.13 60953.31 54.79 ÇÅ. ˆÅ¸½ ¤¸ˆÅ¸¡¸¸ †µ¸ ¬¸½ ˆÅ¸½ ¤¸ˆÅ¸¡¸¸ †µ¸ ¬¸½ Of which œÏ¢÷¸©¸÷¸ œÏ¢÷¸©¸÷¸ i.Infrastructure 9931.29 9.78 13055.62 11.74 1 „Ô¸¸½Š¸ 44811.65 44.13 60953.31 54.79 ii. Chemicals, 3128.00 3.08 3202.56 2.88 ƒ¬¸Ÿ¸Ê ¬¸½ Dyes, Paints i. ‚¨¸¬¸¿£\¸›¸¸÷Ÿ¸ˆÅ 9931.29 9.78 13055.62 11.74 etc iii. Petroleum 1018.97 1.00 2199.72 1.98 ii.£¬¸¸¡¸›¸, ”¸¡¸ ¨¸ 3128.00 3.08 3202.56 2.88 œ¸½›’ ƒ÷¡¸¸¢™ iv. Basic Metal 4975.65 4.90 6318.93 5.68 and Metal iii.œ¸½’ï¸½¢¥¸¡¸Ÿ¸ 1018.97 1.00 2199.72 1.98 Product iv. Ÿ¸»¥¸ š¸¸÷¸º ‚¸¾£ 4975.65 4.90 6318.93 5.68 v. NBFCs and 13784.69 13.58 17258.56 15.50 š¸¸÷¸º „÷œ¸¸™ Trading v. ‡›¸¤¸ú‡ûÅ¬¸ú 13784.69 13.58 17258.56 15.50 vi. Engineering 3537.38 3.48 3649.50 3.28 ‚¸¾£ ¨¡¸¸œ¸¸£ vii. 119.84 0.12 3.49 0.00 vi. ƒ¿]¸ú¢›¸¡¸¢£¿Š¸ 3537.38 3.48 3649.50 3.28 Construction vii. ¢›¸Ÿ¸¸Äµ¸ 119.84 0.12 3.49 0.00 viii. Other 8315.83 8.19 10164.32 9.14 Industries viii.‚›¡¸ „Ô¸¸½Š¸ 8315.83 8.19 10164.32 9.14 2 Agriculture 15491.45 15.26 14851.17 13.35 2 ˆ¼Å¢«¸ 15491.45 15.26 14851.17 13.35 3 MSME 20419.50 20.11 22143.75 19.91 3 ‡Ÿ¸‡¬¸‡Ÿ¸ƒÄ 20419.50 20.11 22143.75 19.91 4 Housing 13595.25 13.39 10550.01 9.48 4 ‚¸¨¸¸¬¸ 13595.25 13.39 10550.01 9.48 5 Education 891.05 0.88 804.06 0.72 5 ¢©¸®¸¸ 891.05 0.88 804.06 0.72 6 Exports 1212.71 1.19 1226.61 1.10 6 ¢›¸¡¸¸Ä÷¸ 1212.71 1.19 1226.61 1.10 Commercial 5115.21 5.04 5811.72 5.22 7 7 ¨¸¸¢µ¸¦]¡¸ˆÅ ž¸» ¬¸¿œ¸™¸ 5115.21 5.04 5811.72 5.22 Real estate 101536.82 111240.28 Gross 101536.82 111240.28 ¬¸ˆÅ¥¸ ‚¢ŠÏŸ¸ Advances 2.2 Š¸ºµ¸¨¸î¸¸ ‚¸¾£ ‡›¸œ¸ú‡ œÏ¤¸¿š¸›¸ 2.2 Quality and NPA Management ¤¸ÿˆÅ ›¸½ ¬¸ž¸ú ‚¿\¸¥¸ ˆÅ¸¡¸¸Ä¥¸¡¸¸Ê Ÿ¸Ê "‚¸¦¬÷¸ ¨¸¬¸»¥¸ú ˆÅ®¸¸Ê (‡‚¸£¬¸ú)" The Bank has set up “Asset Recovery Cells(ARC)” at all ˆÅú ¬˜¸¸œ¸›¸¸ ˆÅú í¾ ÷¸¸¢ˆÅ „››¸¡¸›¸ ‚¸¾£ ‡›¸œ¸ú‡ ¨¸¬¸»¥¸ú ˆ½Å ¬¸‹¸›¸ œÏ¡¸¸¬¸ Zonal offices to ensure focused efforts for upgradation and ¬¸º¢›¸¢ä¸÷¸ ¢ˆÅ‡ ]¸¸ ¬¸ˆÊÅ. NPA recovery ¤¸ÿˆÅ ›¸½ ¤¸”õ½ ‡›¸œ¸ú‡ ‰¸¸÷¸¸½¿, ¢¨¸©¸½«¸ˆÅ£ ]¸í¸¿ ˆÅ¸›¸»›¸ú ˆÅ¸£Ä¨¸¸ƒÄ \¸¥¸ £íú í¾, The Bank has also set up twelve Asset Recovery Branches (ARBs) across its Zones for large NPA a/cs more particularly ˆ½Å ¢¥¸‡ ¤¸¸£í ‚¸¦¬÷¸ ¨¸¬¸»¥¸ú ©¸¸‰¸¸‡¿ (‡‚¸£¤¸ú) ž¸ú ¬˜¸¸¢œ¸÷¸ ˆÅú íÿ, where legal actions are in progress so as to make focused ÷¸¸¢ˆÅ ¤¸”õ½ ‡›¸œ¸ú‡ œ¸£ ¬¸‹¸›¸ ‚›¸º¨¸÷¸Ä›¸ ¢ˆÅ¡¸¸ ]¸¸ ¬¸ˆ½Å. follow up of large NPAs ¤¸ÿˆÅ ¬¨¸œÏ½£µ¸¸ ¬¸½ Š¸¾£ ž¸½™ž¸¸¨¸œ¸»µ¸Ä ‚¸¾£ Š¸¾£ ¢¨¸¨¸½ˆÅ¸š¸ú›¸ ‡ˆÅ ¤¸¸£Š¸ú ¢›¸œ¸’¸›¸ Bank has been implementing Suo Motu non-discriminatory (‚¸½’ú‡¬¸) ¡¸¸½]¸›¸¸‚¸Ê ˆÅ¸½ ¥¸¸Š¸» ˆÅ£ £í¸ í¾. 2016-17 ˆ½Å ™¸¾£¸›¸ ‡½¬¸ú and non-discretionary One Time Settlement (OTS) Schemes. During 2016-17 such scheme i.e. “Mahabank Rahat Yojana” ¡¸¸½]¸›¸¸ ‚˜¸¸Ä÷¸Ã "Ÿ¸í¸¤¸ÿˆÅ £¸í÷¸ ¡¸¸½]¸›¸¸" ¥¸½]¸£ ¤¸¾¥¸Ê¬¸ ˆ½Å ¬¸¸˜¸ ³Å. was introduced for NPAs with Ledger Balance up to Rs.25.00 25.00 ¥¸¸‰¸ ÷¸ˆÅ ˆ½Å ‡›¸œ¸ú‡ ˆ½Å ¢¥¸‡ ©¸º³Å ˆÅú Š¸¡¸ú ˜¸ú. œÏš¸¸›¸ ˆÅ¸¡¸¸Ä¥¸¡¸ lakhs. Sanction letters pre-approved by Head Office were sent ×¸£¸ œ¸»¨¸Ä-¬¨¸úˆ¼Å÷¸ Ÿ¸¿]¸»£ú œ¸°¸ œ¸¸°¸ „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆÅ¸½ ž¸½]¸½ Š¸‡. ³Å.10.00 to the eligible borrowers. Additional relief was given to drought affected borrowers with balance up to Rs. 10.00 Lakhs.

9 Annual Report 2016-17

¥¸¸‰¸ ÷¸ˆÅ ˆ½Å ©¸½«¸ £¸¢©¸ ˆ½Å ¬¸»‰¸½ ¬¸½ œÏž¸¸¢¨¸÷¸ „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆÅ¸½ ‚¢÷¸¢£Æ÷¸ During the year 2016-17 another special Suo Motu OTS Scheme (Viz. “Mahabank Karjmukti Yojana”) was introduced £¸í÷¸ ™ú Š¸ƒÄ. for recovery in Regular Written Off (RWO) a/cs up to Rs 25 ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ‡ˆÅ ‚›¡¸ ¢¨¸©¸½«¸ ¬¨¸œÏ½¢£÷¸ ‡ˆÅ ¤¸¸£Š¸ú ¢›¸œ¸’¸›¸ lakhs. ¡¸¸½]¸›¸¸ (‚˜¸¸Ä÷¸Ã "Ÿ¸í¸¤¸ÿˆÅ ˆÅ]¸ÄŸ¸º¢Æ÷¸ ¡¸¸½]¸›¸¸") ³Å.25 ¥¸¸‰¸ ÷¸ˆÅ In case of NPA a/cs with dues of Rs.1.00 crore to Rs.10.00 ¢›¸¡¸¢Ÿ¸÷¸ ³Åœ¸ ¬¸½ ¤¸’Ã’½ ‰¸¸÷¸½ (‚¸£”¤¥¸»‚¸½) Ÿ¸Ê ¨¸¬¸»¥¸ú ˆ½Å ¢¥¸‡ ©¸º³Å ˆÅú crore; Resolution Agents are appointed on selective basis so Š¸¡¸ú ˜¸ú. as to have an early resolution. ³Å.1.00 ˆÅ£¸½”õ ¬¸½ ²Å.10.00 ˆÅ£¸½”õ ÷¸ˆÅ ™½¡¸ £¸¢©¸ ˆ½Å ‡›¸œ¸ú‡ ‰¸¸÷¸¸Ê ˆ½Å Recovery in smaller NPA accounts (up to Rs.25 lakhs) the Ÿ¸¸Ÿ¸¥¸½ Ÿ¸Ê `¢£{¸¸Á¥¡¸»©¸›¸ ‡]¸Ê’¸Ê' ˆÅ¸½ \¸¡¸¢›¸÷¸ ‚¸š¸¸£ œ¸£ ¢›¸¡¸ºÆ÷¸ ¢ˆÅ¡¸¸ services of Recovery Agents are engaged. ]¸¸÷¸¸ í¾ ÷¸¸¢ˆÅ ©¸ú‹Ï ¢›¸œ¸’¸›¸ í¸½ ¬¸ˆ½Å. Bank has also made intensive follow up with the defaulting Ž¸½’½ ‡›¸œ¸ú‡ ‰¸¸÷¸¸Ê (³Å. 25 ¥¸¸‰¸ ÷¸ˆÅ) Ÿ¸Ê ¨¸¬¸»¥¸ú ˆ½Å ¢¥¸‡ ¨¸¬¸»¥¸ú borrowers through visits, letters, notices, Recovery Camps, ‡]¸½¿’¸½ ˆÅú ¬¸½¨¸¸‡¿ ¥¸ú Š¸ƒô. Lok Adalats, actions under SARFAESI / DRT Act. ¤¸ÿˆÅ ›¸½ ™¸¾£½, œ¸°¸, ›¸¸½¢’¬¸, ¨¸¬¸»¥¸ú ¢©¸¢¨¸£, ¥¸¸½ˆÅ ‚™¸¥¸÷¸¸Ê, ¬¸£û½Å¬¸ú / Position of Non-Performing Assets is as under; ”ú‚¸£’ú ‚¢š¸¢›¸¡¸Ÿ¸ ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ¬¸½ \¸»ˆÅˆÅ÷¸¸Ä „š¸¸£ˆÅ÷¸¸Ä‚¸Ê œ¸£ Š¸í›¸ ‚›¸º¨¸÷¸úÄ ˆÅ¸£Ä¨¸¸ƒÄ ˆÅú í¾. Particulars Amt. as on Amt. as on Percent- 31.03.17 31.03.16 age of (+/-) ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê ˆÅú ¦¬˜¸¢÷¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾; Gross NPA 17188.72 10385.85 65.50 % to advances 16.93 9.34 XX ¢¨¸¨¸£µ¸ 31.03.17 ˆ½Å 31.03.16 ˆ½Å (+/) ˆÅ¸ Net NPA 11229.56 6832.03 64.37 ‚›¸º¬¸¸£ £¸¢©¸ ‚›¸º¬¸¸£ £¸¢©¸ œÏ¢÷¸©¸÷¸ % to advances 11.76 6.35 XX ¬¸ˆÅ¥¸ ‡›¸œ¸ú‡ 17188.72 10385.85 65.50 Cash Recovery 876.42 772.82 12.99 ‚¢ŠÏŸ¸¸Ê ˆÅ¸ % 16.93 9.34 XX 2.3 Foreign Exchange Business ¢›¸¨¸¥¸ ‡›¸œ¸ú‡ 11229.56 6832.03 64.37 ‚¢ŠÏŸ¸¸Ê ˆÅ¸ % 11.76 6.35 XX Particulars 2016-17 2015-16 Percentage of (+/-) ›¸ˆÅ™ú ¨¸¬¸»¥¸ú 876.42 772.82 12.99 Total FEX Business 598503 595233 0.55 2.3 ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ˆÅ¸£¸½¤¸¸£ Turnover ¢¨¸¨¸£µ¸ 2016-17 2015-16 (+/-) ˆÅ¸ Merchant Busines 24.66 œÏ¢÷¸©¸÷¸ Turnover 36852 29562 ˆºÅ¥¸ ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¨¡¸¨¸¬¸¸¡¸ 598503 595233 0.55 Profit in FEX Business 101.91 77.83 30.93 ‚¸¨¸÷¸Ä The International Division has given more thrust on Merchant ¨¡¸¸œ¸¸£ú ¨¡¸¨¸¬¸¸¡¸ ‚¸¨¸÷¸Ä 36852 29562 24.66 Business (high yielding Exchange Profit) resulting into growth of 24.66%. in turnover and 30.93% in profit. 37 B Category ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¨¡¸¨¸¬¸¸¡¸ Ÿ¸Ê ¥¸¸ž¸ 101.91 77.83 30.93 branches across the country cater to the international business ‚¿÷¸£¸Ä«’ïú¡¸ œÏž¸¸Š¸ ›¸½ ¨¡¸¸œ¸¸£ú ¨¡¸¨¸¬¸¸¡¸ („\\¸ ‚¸¡¸ ¢¨¸¢›¸Ÿ¸¡¸ ¥¸¸ž¸) ˆ½Å needs of the customers of the Bank. Apart from TIBB at ¤¸¸£½ Ÿ¸Ê ‚¢š¸ˆÅ ]¸¸½£ ¢™¡¸¸ Š¸¡¸¸ í¾, ¢]¸¬¸ˆ½Å œ¸¢£µ¸¸Ÿ¸¬¨¸³Åœ¸ ˆÅ¸£¸½¤¸¸£ Ÿ¸Ê Mumbai as “A” category. The Bank has also NRI Cell to cater 24.66% ÷¸˜¸¸ ¥¸¸ž¸ Ÿ¸Ê 30.93% ˆÅú ¨¸¼¢Ö íºƒÄ í¾. ™½©¸ ž¸£ Ÿ¸Ê 37 ¤¸ú ª½µ¸ú the specific needs of NRI clients. ˆÅú ©¸¸‰¸¸‡¿ ¤¸ÿˆÅ ˆ½Å ŠÏ¸íˆÅ¸Ê ˆÅú ‚¿÷¸£¸Ä«’ïú¡¸ ¨¡¸¸œ¸¸¢£ˆÅ ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê 2.4 Investment ˆÅ¸½ œ¸»£¸ ˆÅ£÷¸ú íÿ. Ÿ¸º¿¤¸ƒÄ ¦¬˜¸÷¸ ’ú.‚¸ƒÄ.¤¸ú.”ú. (‡ ª½µ¸ú) ˆ½Å ‚¢÷¸¢£Æ÷¸ The breakup of Investments into SLR & Non-SLR investments ‡›¸‚¸£‚¸ƒÄ ŠÏ¸íˆÅ¸Ê ˆÅú ¢¨¸¢©¸«’ ]¸³Å£÷¸¸Ê ˆÅ¸½ œ¸»£¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ ˆ½Å is given below: œ¸¸¬¸ ‡›¸‚¸£‚¸ƒÄ ˆÅ®¸ ž¸ú í¾— • The Gross Investments as on 31.03.2017 stood at 2.4 ¢›¸¨¸½©¸ Rs 38841.56 crore, of which Rs 31613.02 crore are ‡¬¸‡¥¸‚¸£ ‚¸¾£ Š¸¾£-‡¬¸‡¥¸‚¸£ ¢›¸¨¸½©¸ Ÿ¸Ê ¢›¸¨¸½©¸ ˆÅ¸ ¤Ï½ˆÅ‚œ¸ SLR securities and Rs 7228.54 crore are Non-SLR ¢›¸Ÿ›¸¸›¸º¬¸¸£ ¢™¡¸¸ Š¸¡¸¸ í¾À Securities. The excess SLR securities as on 31.03.2017 stood at Rs 1855.01 crore. • • 31.03.2017 ˆÅ¸½ ¬¸ˆÅ¥¸ ¢›¸¨¸½©¸ ³Å.38841.56 ˆÅ£¸½”õ £í¸, ¢]¸¬¸Ÿ¸Ê ¬¸½ ²Å.31613.02 ˆÅ£¸½”õ ‡¬¸‡¥¸‚¸£ œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ ‚¸¾£ ³Å.7228.54 • The net investments (net of provisions) stood at Rs ˆÅ£¸½”õ Š¸¾£-‡¬¸‡¥¸‚¸£ œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ íÿ. 31.03.2017 ˆÅ¸½ 38590.18 crore as on 31.03.2017 as compared to Rs ‚¢÷¸¢£Æ÷¸ ‡¬¸‡¥¸‚¸£ œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ ³Å.1855.01 ˆÅ£¸½”õ £íú. 36230.87 crore as on 31.03.2016. Investments under Held to Maturity (MTM) category consist of 77.66%, • • 31.03.2016 ˆÅ¸½ ¢›¸¨¸¥¸ ¢›¸¨¸½©¸ (œÏ¸¨¸š¸¸›¸¸Ê ˆÅ¸ ¢›¸¨¸¥¸) while Available for Sale (AFS) comprised of 22.34% ³Å.36230.87 ˆÅ£¸½”õ ˆÅú ÷¸º¥¸›¸¸ Ÿ¸Ê 31.03.2017 ˆÅ¸½ of total investment portfolio as of 31.03.2017. The net ³Å.38590.18 ˆÅ£¸½”õ £í¸. œ¸¢£œ¸Æ¨¸÷¸¸ ÷¸ˆÅ š¸¸¢£÷¸ (‡\¸’ú‡Ÿ¸) interest income from investment activity increased to ª½µ¸ú ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¢›¸¨¸½©¸ ˆÅ¸ 77.66% ©¸¸¢Ÿ¸¥¸ í¾, ]¸¤¸¢ˆÅ ¢¨¸ÇÅ¡¸ Rs 2829.47 crore from Rs 2735.20 crore during the last ˆ½Å ¢¥¸‡ „œ¸¥¸¤š¸ (‡‡ûÅ‡¬¸) 31.03.2017 ÷¸ˆÅ ˆºÅ¥¸ ¢›¸¨¸½©¸ year (growth of 3.45%). œ¸¸½’ÄûÅ¸½¢¥¸¡¸¸½ ˆÅ¸ 22.34% ©¸¸¢Ÿ¸¥¸ í¾. ¢›¸¨¸½©¸ Š¸¢÷¸¢¨¸¢š¸ ¬¸½ ¢›¸¨¸¥¸ • The Non-Performing Investments stood at Rs 655.45 ¤¡¸¸]¸ ‚¸¡¸ Ÿ¸Ê ¢œ¸Ž¥¸½ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ³Å.2735.20 ˆÅ£¸½”õ ¬¸½ ¤¸[õˆÅ£ crore as on 31.03.2017. ³Å.2829.47 ˆÅ£¸½”õ í¸½ Š¸¡¸¸ (3.45% ˆÅú ¨¸¼¢Ö). • 31.03.2017 ˆÅ¸½ Š¸¾£-¢›¸«œ¸¸™›¸ ¢›¸¨¸½©¸ ²Å. 655.45 ˆÅ£¸½”õ œ¸£ £í¸.

10 Jeeef

2.5 ¨¡¸¸œ¸¸£ú ¤¸ÿ¢ˆ¿ÅŠ¸ À 2.5 Merchant Banking: The Bank handled 70 issues (previous year 126 issues) of ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ›¸½ ]¸¸£úˆÅ÷¸¸Ä ‚¸¾£ ž¸ºŠ¸÷¸¸›¸ˆÅ÷¸¸Ä ‡]¸Ê’ (‚¸ƒÄœ¸ú‡) ˆ½Å Commercial paper amounting to Rs 30170 crore (previous ³Åœ¸ Ÿ¸Ê ‚œ¸›¸½ ŠÏ¸íˆÅ¸Ê ˆ½Å ¢¥¸‡ ³Å. 30170 ˆÅ£¸½”õ (¢œ¸Ž¥¸½ ¨¸«¸Ä ²Å.54060 year Rs 54060 crore) for its clients as an Issuing and Paying ˆÅ£¸½”õ) ˆ½Å ¨¸¸¢µ¸¦]¡¸ˆÅ œ¸°¸ ˆ½Å 70 ¢›¸Š¸ÄŸ¸ (¢œ¸Ž¥¸½ ¬¸¸¥¸ 126 ¢›¸Š¸ÄŸ¸) ˆÅ¸ Agent (IPA) during the year. ¬¸¿\¸¥¸›¸ ¢ˆÅ¡¸¸ í¾. 2.6 Borrowings: 2.6 „š¸¸¢£¡¸¸¿ À The borrowing of the Bank as on 31st March 2017 stood at 31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ ¤¸ÿˆÅ ˆÅú „š¸¸¢£¡¸¸¿ ¢›¸Ÿ›¸¸›¸º¬¸¸£ œ¸º›¸¢¨¸Äî¸ ¬¸¢í÷¸, ³Å. Rs 8136.65 crore including re-finance as under; 8136.65 ˆÅ£¸½”õ £íú; Amount Amount Percentage Particular as at as at of (+/-) 31.03.2016 (+/-) ˆÅ¸ 31.03.2017 31.03.2016 ¢¨¸¨¸£µ¸ 31.03.2017 ˆÅ¸½ £¸¢©¸ ˆÅ¸½ £¸¢©¸ œÏ¢÷¸©¸÷¸ Total Borrowing 8136.65 9228.10 (0.12) ˆºÅ¥¸ „š¸¸¢£¡¸¸¿ 8136.65 9228.10 (0.12) Borrowing - CBLO 0 74.54 (1.00) „š¸¸¢£¡¸¸¿ - ¬¸ú¤¸ú‡¥¸‚¸½ 0 74.54 (1.00) Of which Refinance 2892.95 4046.17 (0.29) ¢]¸¬¸Ÿ¸Ê ¬¸½ œ¸º›¸¢¨¸Äî¸ 2892.95 4046.17 (0.29) from ›¸¸¤¸¸”Ä 420 893.34 (0.53) NABARD 420 893.34 (0.53) ¢›¸¡¸¸Ä÷¸ ‚¸¡¸¸÷¸ ¤¸ÿˆÅ 324.25 331.27 (0.02) EXIM BANK 324.25 331.27 (0.02) RBI 0 500 (1.00) ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ 0 500 (1.00) NHB Refinance 277.89 370.52 (0.25) ‡›¸‡\¸¤¸ú œ¸º›¸¢¨¸Äî¸ 277.89 370.52 (0.25) Mudra Refinance 370.81 370.81 0.00 Ÿ¸ºÍ¸ œ¸º›¸¢¨¸Äî¸ 370.81 370.81 0.00 SIDBI 1500 1580.23 (0.05) Borrowings in the ¢¬¸”¤¸ú 1500 1580.23 (0.05) form of bonds & 5225 5100 0.02 ¤¸¸¿” ‚¸¾£ ¢”¤¸Ê\¸£ œ¸»¿]¸ú debentures capital ¢¥¸‰¸÷¸ ˆ½Å ³Åœ¸ Ÿ¸Ê „š¸¸¢£¡¸¸¿ 5225 5100 0.02 instruments Borrowings 18.65 7.34 1.54 ž¸¸£÷¸ ˆ½Å ¤¸¸í£ „š¸¸¢£¡¸¸¿ 18.65 7.34 1.54 outside India ‚›¡¸ 0.05 0.05 0.00 Others 0.05 0.05 0.00 „\\¸ ¬÷¸£ œ¸£ œ¸º›¸¢¨¸Äî¸ ˆÅ¸ ¥¸¸ž¸ „“¸›¸½ ˆ½Å ¢¥¸‡ ƒ¬¸ˆÅú ¡¸¸½Š¡¸÷¸¸ ˆ½Å ¤¸¸¨¸]¸»™ The Bank does avail refinance depending upon its liquidity ¤¸ÿˆÅ ‚œ¸›¸ú ÷¸£¥¸÷¸¸ ˆÅú ¦¬˜¸¢÷¸, ¢›¸¢š¸ ˆÅú „œ¸¥¸¤š¸÷¸¸ ‚¸¾£ ƒ¬¸ ÷¸£í ˆ½Å position, deployment of funds and also cost of such refinance œ¸º›¸¢¨¸Äî¸ ˆÅú ¥¸¸Š¸÷¸ ˆ½Å ‚¸š¸¸£ œ¸£ œ¸º›¸¢¨¸Äî¸ ˆÅ¸ ¥¸¸ž¸ „“¸÷¸¸ í¾. despite its eligibility to avail refinance at higher level. 2.7 Depository Services 2.7 ¢›¸®¸½œ¸ú ¬¸½¨¸¸‡¿ • Bank is Depository Participant (DP) of Central • • ¤¸ÿˆÅ ¢¬¸÷¸¿¤¸£ 1999 ¬¸½ íú ž¸¸£÷¸ú¡¸ ˆÊÅÍú¡¸ ¢›¸®¸½œ¸ú ¬¸½¨¸¸‡¿ ¢¥¸¢Ÿ¸’½” Depository Services of India Ltd. (CDSL) since (¬¸ú”ú‡¬¸‡¥¸) ˆÅ¸ ¢›¸®¸½œ¸ú ¬¸íž¸¸Š¸ú (”úœ¸ú) í¾. September 1999. • • ¤¸ÿˆÅ ›¸½ Ÿ¸»¥¸ ¬¸½¨¸¸ ”ú-Ÿ¸¾’ ‰¸¸÷¸¸ ¬¸º¢¨¸š¸¸ (¤¸ú‡¬¸”ú‡) ˆÅ¸ ©¸ºž¸¸£¿ž¸ • The Bank has also introduced Basic Services Demat ¢ˆÅ¡¸¸. Account Facility (BSDA) 2.8 Bancassurance 2.8 ¤¸ÿˆÅ‡©¡¸¸½£½›¬¸ • Bank had added two new partners namely M/s Future • • ûÅ£¨¸£ú 2017 ˆ½Å Ÿ¸¸í Ÿ¸Ê ¤¸ÿˆÅ‡©¡¸¸½£Ê¬¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸, ¤¸ÿˆÅ ›¸½ Ÿ¸½¬¸¬¸Ä Generali (Non-Life Insurance Company) and M/s Cigna É¡¸»\¸£ ]¸½›¸£¸¥¸ú (Š¸¾£ ]¸ú¨¸›¸ ¤¸úŸ¸¸ ˆ¿Åœ¸›¸ú) ÷¸˜¸¸ Ÿ¸½¬¸¬¸Ä ¢¬¸Š›¸¸ ’ú’úˆ½Å TTK (Standalone Health Insurance Company) under (¬’ÿ”‚¥¸¸½›¸ ¬¨¸¸¬˜¡¸ ¤¸úŸ¸¸ ˆ¿Åœ¸›¸ú) ›¸¸Ÿ¸ˆÅ ™¸½ ›¸¡¸½ ž¸¸Š¸ú™¸£¸Ê ˆÅ¸½ Bancassurance in the month of Feb.2017. ]¸¸½”õ¸ í¾. • Insurance for all the securities charged to the Bank may be done invariably under Bancassurance arrangement • • ¤¸ÿˆÅ ˆÅ¸½ ž¸¸¢£÷¸ ¬¸ž¸ú œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸ ¤¸úŸ¸¸ ¢›¸£œ¸¨¸¸™ ³Åœ¸ ¬¸½ ¡¸»›¸¸ƒÄ’½” with UII Co. Ltd. and M/s Future Generali. ƒ¿¢”¡¸¸ ƒ›©¡¸¸½£½›¬¸ ˆ¿Åœ¸›¸ú ¢¥¸¢Ÿ¸’½” ÷¸˜¸¸ Ÿ¸½¬¸¬¸Ä É¡¸»\¸£ ]¸½›¸½£¥¸ú ˆ½Å • 1241 branches are logged in as of 31.03.2017 for LIC ¬¸¸˜¸ ˆÅú Š¸ƒÄ, ¤¸ÿˆÅ‡©¡¸¸½£Ê¬¸ ¨¡¸¨¸¬˜¸¸ ˆ½Å ‚š¸ú›¸ ¢ˆÅ¡¸¸ ]¸¸‡. Bancassurance business. • • 31.03.2017 ˆÅ¸½ ž¸¸£÷¸ú¡¸ ]¸ú¨¸›¸ ¤¸úŸ¸¸ ¢›¸Š¸Ÿ¸ ˆ½Å ¬¸¸˜¸ • We had created portal for Popularization of Mahaswastya Yojana, All new as well as renewal of ¤¸ÿˆÅ‡©¡¸¸½£½›¬¸ ¨¡¸¨¸¬¸¸¡¸ Ÿ¸Ê 1241 ©¸¸‰¸¸‚¸Ê ›¸½ ¥¸¸ÁŠ¸ƒ›¸ ¢ˆÅ¡¸¸ í¾. cases are done through the portal in T+3 days. Now, the • • Ÿ¸í¸¬¨¸¸¬˜¡¸ ¡¸¸½]¸›¸¸ ˆ½Å œÏ\¸¸£ í½÷¸º íŸ¸›¸½ ‡ˆÅ œ¸¸½’Ä¥¸ ˆÅ¸ ¬¸¼]¸›¸ ¢ˆÅ¡¸¸ customer having internet banking facility can make the í¾. ’ú+3 ¢™›¸¸Ê Ÿ¸Ê ¬¸ž¸ú ›¸‡ ÷¸˜¸¸ ›¸¨¸úˆÅ£µ¸ Ÿ¸¸Ÿ¸¥¸¸Ê ˆÅ¸ ˆÅ¸¡¸Ä ƒ¬¸ payment online and generate the policy instantaneous. This year, till 31.03.2017, 79 bank branches declared œ¸¸½’Ä¥¸ ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ¬¸½ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. ‚¤¸ ƒ¿’£›¸½’ ¤¸ÿ¢ˆÅŠ¸ ¬¸º¢¨¸š¸¸ as BIMA Branch. ¨¸¸¥¸¸ ŠÏ¸íˆÅ ‚¸Á›¸¥¸¸ƒÄ›¸ ž¸ºŠ¸÷¸¸›¸ ˆÅ£ˆ½Å ÷¸÷ˆÅ¸¥¸ œ¸¸Á¢¥¸¬¸ú ]¸›¸£½’ ˆÅ£ • During the year 2016-17, 6993 life policies and 102752 ¬¸ˆÅ÷¸¸ í¾. ƒ¬¸ ¨¸«¸Ä, 31.03.2017 ÷¸ˆÅ, 79 ¤¸ÿˆÅ ©¸¸‰¸¸‡¿ ¤¸úŸ¸¸ Non-Life policies were made. ©¸¸‰¸¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ‹¸¸½¢«¸÷¸ ˆÅú Š¸ƒÄ íÿ. • • ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ 6993 ]¸ú¨¸›¸ ¤¸úŸ¸¸ œ¸¸Á¢¥¸¢¬¸¡¸¸Â ‡¨¸¿ 102752 Š¸¾£-]¸ú¨¸›¸ œ¸¸Á¢¥¸¢¬¸¡¸¸¿ ÷¸¾¡¸¸£ ˆÅú Š¸ƒÄ.

11 Annual Report 2016-17

• ¤¸ÿˆÅ ›¸½ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ]¸ú¨¸›¸ ¤¸úŸ¸¸ ¬¸½ ²Å.6.03 ˆÅ£¸½”õ ‡¨¸¿ • The Bank earned a commission of Rs 6.03 crore from life insurance and Rs 4.94 crore for non-life insurance Š¸¾£ ]¸ú¨¸›¸ ¤¸úŸ¸¸ ¨¡¸¨¸¬¸¸¡¸ ¬¸½ ²Å.4.94 ˆÅ£¸½”õ ˆÅ¸ ˆÅŸ¸ú©¸›¸ ‚¢]¸Ä÷¸ business during the year 2016-17. ¢ˆÅ¡¸¸. 2.9 Government Business 2.9 ¬¸£ˆÅ¸£ú ˆÅ¸£¸½¤¸¸£ • During the year 2016-17, 746218 challans of Direct • • ©¸¸‰¸¸‚¸Ê ×¸£¸ ¨¸«¸Ä 2016-2017 ˆ½Å ™¸¾£¸›¸, ˆºÅ¥¸ 746218 œÏ÷¡¸®¸ Taxes and 178751 challans of Indirect taxes were ˆÅ£ \¸¸¥¸¸›¸ ‚¸¾£ 178751 ‚œÏ÷¡¸®¸ ˆÅ£¸Ê ˆ½Å \¸¸¥¸¸›¸ ¨¸¬¸»¥¸½ Š¸‡. collected by the branches. Our Branches are also íŸ¸¸£ú ©¸¸‰¸¸‡¿ Ÿ¸í¸£¸«’ï £¸]¡¸ ˆ½Å ]¸ú‚¸£‡‡¬¸ ¬¸¢í÷¸ ‚›¡¸ £¸]¡¸ collecting other state Govt. taxes including GRAS of ¬¸£ˆÅ¸£¸Ê ˆ½Å ˆÅ£¸Ê ˆÅ¸ ž¸ú ¬¸¿ŠÏíµ¸ ˆÅ£÷¸ú íÿ ‚¸¾£ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ˆºÅ¥¸ Maharashtra State and the total number of Challans 1189393 \¸¸¥¸¸›¸ ¬¸¿ŠÏ¢í÷¸ ¢ˆÅ‡ Š¸‡. ˆÊÅÍ ¬¸£ˆÅ¸£ ¬¸½ ˆÅ£ ¨¸¬¸»¥¸ú collected during the Year is 1189393. Total commission ¨¡¸¨¸¬¸¸¡¸ ¬¸½ ²Å.5.64 ˆÅ£¸½”õ ˆÅ¸ ˆºÅ¥¸ ˆÅŸ¸ú©¸›¸ œÏ¸œ÷¸ íº‚¸. to the tune of Rs 5.64 Cr was received on Tax collection • • ¤¸ÿˆÅ, ˆ½Å›Íú¡¸ œ¸Ê©¸›¸ œÏ¸½¬¸½¢¬¸¿Š¸ ˆÅ®¸ (¬¸úœ¸úœ¸ú¬¸ú) œ¸ºµ¸½ Ÿ¸Ê ˆ½Å›Í ¬¸£ˆÅ¸£, business from Central Government. £®¸¸, £½¥¸¨¸½ ‚¸¾£ ’½¢¥¸ˆÅ¸ÁŸ¸ ˆ½Å 1,14,886 ¬¸½ ž¸ú ‚¢š¸ˆÅ œ¸Ê©¸›¸£¸Ê ˆÅú • The Bank is processing and crediting monthly pension Ÿ¸¸¢¬¸ˆÅ œ¸Ê©¸›¸ ˆÅú Š¸µ¸›¸¸ ˆÅ£ „¬¸½ ‰¸¸÷¸½ Ÿ¸Ê ]¸Ÿ¸¸ ˆÅ£›¸½ ˆÅ¸ ˆÅ¸¡¸Ä ˆÅ£ payments of more than 1,14,886 Central Government, £í¸ í¾. ¨¸«¸Ä 2016-17 ˆ½Å ¢¥¸‡ ¬¸£ˆÅ¸£ú ¨¡¸¨¸¬¸¸¡¸ (œ¸Ê©¸›¸) œ¸£ Defence, Railway and Telecom pensioners at ²Å.13.58 ˆÅ£¸½”õ ˆÅ¸ ˆÅŸ¸ú©¸›¸ œÏ¸œ÷¸ íº‚¸. Central Pension Processing Cell (CPPC), Pune. The commission on Government Business (Pension) for the 2.10 ‚¸¡¸, ¨¡¸¡¸ ‚¸¾£ ¥¸¸ž¸œÏ™÷¸¸ Year 2016-17 is Rs. 13.58 Cr. ¤¸ÿˆÅ ˆÅú ˆºÅ¥¸ ‚¸¡¸ ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2015-16 Ÿ¸Ê ²Å.14072.27 ˆÅ£¸½”õ ¬¸½ ˆÅŸ¸ í¸½ˆÅ£ 2.10 Income, Expenditure and Profitability ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 Ÿ¸Ê ²Å.13570.03 ˆÅ£¸½”õ ˆÅú í¸½ Š¸ƒÄ. The total income of the Bank decline from Rs 14072.27 crore in FY 2015-16 to Rs. 13570.03 crore in FY 2016-17 ¤¡¸¸½£¸ 2016-17 2015-16 ‚¿÷¸£ (œÏ¢÷¸©¸÷¸) ‚¢ŠÏŸ¸¸Ê/¢¤¸¥¸¸Ê œ¸£ ¤¡¸¸]¸/Ž»’ 8469.96 9934.83 (14.74) Variation Particulars 2016-17 2015-16 ¢›¸¨¸½©¸¸Ê œ¸£ ‚¸¡¸ 2829.47 2735.20 3.45 (per cent) Interest / discount on advances 8469.96 9934.83 (14.74) ‚¿÷¸£ ¤¸ÿˆÅ „š¸¸£ú œ¸£ ¤¡¸¸]¸ 762.53 382.95 99.12 / bills ‡¨¸¿ ‚›¡¸ ¤¡¸¸]¸ Income on investments 2829.47 2735.20 3.45 ˆºÅ¥¸ ¤¡¸¸]¸ ‚¸¡¸ (7.59) Interest on interbank lending & 12061.96 13052.98 762.53 382.95 99.12 Š¸¾£ ¤¡¸¸]¸ ‚¸¡¸ 1508.07 1019.29 47.95 other Interest Total interest income 12061.96 13052.98 (7.59) (3.57) ˆºÅ¥¸ ‚¸¡¸ 13570.03 14072.27 Non-interest income 1508.07 1019.29 47.95 ]¸Ÿ¸¸ œ¸£ ¤¡¸¸]¸ 8075.59 8421.88 (4.11) Total Income 13570.03 14072.27 (3.57) „š¸¸£ú œ¸£ ¤¡¸¸]¸ 11.61 54.88 (78.84) Interest on deposits 8075.59 8421.88 (4.11) ‚›¡¸ ¤¡¸¸]¸ ¨¡¸¡¸ 800.07 697.52 14.70 Interest on borrowings 11.61 54.88 (78.84) ˆÅŸ¸Ä\¸¸£ú ¨¡¸¡¸ 1807.29 1540.98 17.28 Other Interest expenditure 800.07 697.52 14.70 ‚›¡¸ œÏ\¸¸¥¸›¸Š¸÷¸ ¨¡¸¡¸ 1048.40 1011.83 3.61 Staff expenses 1807.29 1540.98 17.28 Other Operating expenses 1048.40 1011.83 3.61 ˆºÅ¥¸ Š¸¾£ ¤¡¸¸]¸ ¨¡¸¡¸ 2855.69 2552.81 11.86 Total Non-interest expenses 2855.69 2552.81 11.86 ˆºÅ¥¸ œÏ\¸¸¥¸›¸Š¸÷¸ ¨¡¸¡¸ 11742.96 11727.10 0.14 Total Operating Expenses 11742.96 11727.10 0.14 œÏ\¸¸¥¸›¸Š¸÷¸ ¥¸¸ž¸ 1827.07 2345.18 (22.09) Operating Profit 1827.07 2345.18 (22.09) œÏ¸¨¸š¸¸›¸ ‡¨¸¿ ‚¸ˆÅ¦¬Ÿ¸ˆÅ÷¸¸‡¿ 3199.58 2244.49 42.55 Provisions and Contingencies 3199.58 2244.49 42.55 ¢›¸¨¸¥¸ ¥¸¸ž¸ (1372.51) 100.69 (1463.10) Net Profit (1372.51) 100.69 (1463.10) 2.11 Financial Ratios 2.11 ¢¨¸î¸ú¡¸ ‚›¸ºœ¸¸÷¸ À Particulars 2016-17 2015-16 ¢¨¸¨¸£µ¸ 2016-17 2015-16 EPS (Rs) (11.75) 0.91 œÏ¢÷¸ ©¸½¡¸£ ‚¸¡¸ (ƒÄœ¸ú‡¬¸) (²Å.) (11.75) 0.91 Cost to Income Ratio (percent) 60.98 52.12 ‚¸¡¸ ¬¸½ ¥¸¸Š¸÷¸ ˆÅ¸ ‚›¸ºœ¸¸÷¸ (%) 60.98 52.12 Return on assets (percent) (0.86) 0.07 ‚¸¦¬÷¸¡¸¸Ê œ¸£ ‚¸¡¸(%) (0.86) 0.07 Return on equity (per cent) (24.92) 1.39 ƒ¦Æ¨¸’ú œ¸£ ‚¸¡¸(%) (24.92) 1.39 Book value per share (Rs) 46.96 63.36 œÏ¢÷¸ ©¸½¡¸£ ¤¸íú Ÿ¸»¥¡¸ (²Å.) 46.96 63.36 Profit per Branch (Rs in lakh) (72.35) 5.31 œÏ¢÷¸ ©¸¸‰¸¸ ¥¸¸ž¸ (²Å. ¥¸¸‰¸ Ÿ¸Ê) (72.35) 5.31 Profit per employee (Rs in lakh) (10.58) 0.73 œÏ¢÷¸ ˆÅŸ¸Ä\¸¸£ú ¥¸¸ž¸ (²Å. ¥¸¸‰¸ Ÿ¸Ê) (10.58) 0.73 Business per Branch (Rs in crore) 126.83 132.05 œÏ¢÷¸ ©¸¸‰¸¸ ˆÅ¸£¸½¤¸¸£ (²Å. ˆÅ£¸½”õ Ÿ¸Ê) 126.83 132.05 Business per employee (Rs in crore) 18.54 18.18 œÏ¢÷¸ ˆÅŸ¸Ä\¸¸£ú ˆÅ¸£¸½¤¸¸£ (²Å. ˆÅ£¸½”õ Ÿ¸Ê) 18.54 18.18 Interest income as per cent to Average 7.55 8.71 working funds ‚¸¾¬¸÷¸ ˆÅ¸¡¸ÄˆÅ¸£ú ¢›¸¢š¸¡¸¸Ê ¬¸½ œÏ¢÷¸©¸÷¸ 7.55 8.71 Non-Interest income as per cent to aver- 0.94 0.68 ˆ½Å ³Åœ¸ Ÿ¸Ê ¤¡¸¸]¸ ‚¸¡¸ age working funds ‚¸¾¬¸÷¸ ˆÅ¸¡¸ÄˆÅ¸£ú ¢›¸¢š¸¡¸¸Ê ¬¸½ œÏ¢÷¸©¸÷¸ Net Interest Margin (per cent) 1.99 2.59 ˆ½Å ³Åœ¸ Ÿ¸Ê Š¸¾£-¤¡¸¸]¸ú ‚¸¡¸ 0.94 0.68 ¢›¸¨¸¥¸ ¤¡¸¸]¸ Ÿ¸¸¢]¸Ä›¸ (œÏ¢÷¸©¸÷¸) 1.99 2.59

12 Jeeef

‚¸¾¬¸÷¸ ˆÅ¸¡¸ÄˆÅ¸£ú ¢›¸¢š¸¡¸¸Ê ¬¸½ œÏ¢÷¸©¸÷¸ Operating Profit as per cent to average 1.14 1.56 ˆ½Å ³Åœ¸ Ÿ¸Ê œ¸¢£\¸¸¥¸›¸Š¸÷¸ ¥¸¸ž¸ 1.14 1.56 working Funds ‚¸¾¬¸÷¸ ˆÅ¸¡¸ÄˆÅ¸£ú ¢›¸¢š¸¡¸¸Ê ˆ½Å œÏ¢÷¸©¸÷¸ Staff expenses as a percent to average 1.13 1.03 ˆ½Å ³Åœ¸ Ÿ¸Ê ¬’¸ûÅ ‰¸\¸Ä 1.13 1.03 working funds ¥¸¸ž¸¸¿©¸ (œÏ¢÷¸©¸÷¸) 0 0 Dividend (per cent) 0 0 Net worth (Rs Crore) 5486.47 7403.05 ›¸½’¨¸˜¸Ä (²Å .ˆÅ£¸½”õ Ÿ¸Ê) 5486.47 7403.05 CRAR (%) (Basel III) 11.18 11.20 ¬¸ú‚¸£‡‚¸£(%) ¤¸½¬¸¥¸ III 11.18 11.20 Of which, Tier I (%) 9.01 9.02 ¢]¸¬¸Ÿ¸Ê ¬¸½ ¢’¡¸£ - I (%) 9.01 9.02 CET 1 7.28 7.88 ¬¸úƒÄ’ú 1 7.28 7.88 2.12 Capital from Government of India 2.12 ž¸¸£÷¸ ¬¸£ˆÅ¸£ ¬¸½ œ¸»¿]¸ú During the March 2017 quarter, Government of India vide its Ÿ¸¸\¸Ä 2017 ¢÷¸Ÿ¸¸íú ˆ½Å ™¸¾£¸›¸, ž¸¸£÷¸ ¬¸£ˆÅ¸£ ›¸½ ‚œ¸›¸½ ¢™›¸¸¿ˆÅ letter no. 7/38/2014-BOA dated 16.03.2017 infused Rs.300.00 16.03.2017 ˆ½Å œ¸°¸ ÇÅ. 7/38 / 2014 - ¤¸ú‚¸½‡ ×¸£¸ ƒ¦Æ¨¸’ú ©¸½¡¸£¸Ê crore by way of preferential allotment of equity shares and ˆÅú ‚¢š¸Ÿ¸¸›¸ ‚¸š¸¸£ œ¸£ ‚¸¤¸¿’›¸ ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ³Å. 300.00 ˆÅ£¸½”õ ¥¸Š¸¸‡ the amount was maintained under Share application money ‚¸¾£ ¡¸í £¸¢©¸ ƒ¦Æ¨¸’ú ©¸½¡¸£¸Ê ˆÅ¸ ‚¸¤¸¿’›¸ œ¸»µ¸Ä í¸½›¸½ ÷¸ˆÅ ‚¸¤¸¿’›¸ ˆ½Å ¢¥¸‡ pending for allotment, till the allotment of equity shares done. ¥¸¿¢¤¸÷¸ ©¸½¡¸£ ‚¸¨¸½™›¸ £¸¢©¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ £‰¸¸ Š¸¡¸¸ í¾. ÷¸˜¸¸¢œ¸, ž¸¸£÷¸ú¡¸ However, RBI has allowed to treat share application money ¢£]¸¨¸Ä ¤¸ÿˆÅ ›¸½ ‚¸¤¸¿’›¸ í½÷¸º ¥¸¿¢¤¸÷¸ ©¸½¡¸£ ‚¸¨¸½™›¸ £¸¢©¸ ˆÅ¸½ ¬¸ú‚¸£‡‚¸£ pending for allotment as CET1 capital for computation of ˆÅú Š¸µ¸›¸¸ ˆ½Å ¢¥¸‡ ¬¸úƒÄ’ú -1 œ¸»¿]¸ú ˆ½Å ³Åœ¸ Ÿ¸Ê Ÿ¸›¸¸›¸½ ˆÅú ‚›¸ºŸ¸¢÷¸ ™ú í¾. CRAR. 2.13 ›¸½’¨¸˜¸Ä 2.13 Networth ¤¸ÿˆÅ ˆÅ¸ ›¸½’¨¸˜¸Ä 31.03.2016 ˆ½Å ²Å.7403.05 ˆÅ£¸½”õ ¬¸½ 31.03.2017 The Bank’s Net Worth stood at Rs.5486.47 crore as on ˆÅ¸½ ²Å. 5486.47 ˆÅ£¸½”õ í¸½ Š¸¡¸¸. 31.03.2017 as against Rs 7403.05 crore as on 31.03.2016. 2.14 œ¸»¿]¸ú œ¸¡¸¸Äœ÷¸÷¸¸ ‚›¸ºœ¸¸÷¸ 2.14 Capital Adequacy Ratio ¤¸½¬¸¥¸-——— Ÿ¸¸›¸™¿”¸Ê ˆ½Å ‚›¸º¬¸¸£ ÷¸˜¸¸ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ¢›¸š¸¸Ä¢£÷¸ The Capital Adequacy ratio stood at 11.18% as on 31.03.2017, 10.25% (¬¸ú¬¸ú¤¸ú ¬¸¢í÷¸) ˆ½Å œ¸»¿]¸ú œ¸¡¸¸Äœ÷¸÷¸¸ ‚›¸ºœ¸¸÷¸ ˆÅú ÷¸º¥¸›¸¸ Ÿ¸Ê against the minimum of 10.25% (including CCB) prescribed by 31.03.2017 ˆÅ¸½ ¤¸ÿˆÅ ˆÅ¸ œ¸»¿]¸ú œ¸¡¸¸Äœ÷¸÷¸¸ ‚›¸ºœ¸¸÷¸ 11.18% £í¸. RBI in terms of Basel III norms. The Common Equity Tier 1 ¬¸¸Ÿ¸¸›¡¸ ƒ¦Æ¨¸’ú ’ú¡¸£-1 (¬¸ú¬¸ú¤¸ú ¬¸¢í÷¸) 7.28% £í¸. Ratio (including CCB) stood at 7.28% 2.15 ¥¸¸ž¸¸¿©¸: 2.15 Dividend : Your Directors do not propose any dividend for the FY 2016-17, as the Bank has incurred loss. \¸»¿¢ˆÅ ¤¸ÿˆÅ ˆÅ¸½ í¸¢›¸ íºƒÄ í¾ ‚÷¸À ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ›¸½ ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ¢¥¸‡ ˆÅ¸½ƒÄ ž¸ú ¥¸¸ž¸¸¿©¸ ˆÅ¸ œÏ¬÷¸¸¨¸ ›¸íì ¢™¡¸¸ í¾. 3 .1 Branch/ATM Network: 3.1 ©¸¸‰¸¸/‡’ú‡Ÿ¸ ›¸½’¨¸ˆÄÅ: As on 31.03.2017, the total branch network comprised of 1897 branches spread across all the States and 4 union territories. ¢™›¸¸¿ˆÅ 31.03.2017 ˆÅ¸½ ˆºÅ¥¸ ©¸¸‰¸¸ ›¸½’¨¸ˆÄÅ Ÿ¸Ê 1897 ©¸¸‰¸¸‡¿ ˜¸ú¿ ]¸¸½ The branch network includes specialized branches in the area ¬¸ž¸ú £¸]¡¸¸Ê ÷¸˜¸¸ 4 ¬¸¿‹¸©¸¸¢¬¸÷¸ ®¸½°¸¸Ê Ÿ¸Ê û¾Å¥¸ú íºƒÄ í¾. ƒ¬¸ ©¸¸‰¸¸ ›¸½’¨¸ˆÄÅ of foreign exchange, Government business, Treasury and Ÿ¸Ê ¢¨¸™½©¸ú Ÿ¸ºÍ¸, ¬¸£ˆÅ¸£ú ˆÅ¸£¸½¤¸¸£, ‰¸]¸¸›¸¸ ‡¨¸¿ ‚¿÷¸££¸«’ïú¡¸ ¤¸ÿ¢ˆ¿ÅŠ¸, International Banking, Industrial Finance, Small Scale Industry ‚¸¾Ô¸¸½¢Š¸ˆÅ ¢¨¸î¸, ¥¸‹¸º „Ô¸¸½Š¸ ÷¸˜¸¸ „\\¸ ÷¸ˆÅ›¸úˆÅ ˆ¼Å¢«¸ ®¸½°¸¸Ê ˆÅú ¢¨¸©¸½«¸±¸ and Hi-tech agriculture, Pension Payment, Self Help Groups ©¸¸‰¸¸‡¿, œ¸Ê©¸›¸ ž¸ºŠ¸÷¸¸›¸ ©¸¸‰¸¸, ¬¨¸-¬¸í¸¡¸÷¸¸ ¬¸Ÿ¸»í ƒ÷¡¸¸¢™ ¢¨¸©¸½«¸úˆ¼Å÷¸ etc. ©¸¸‰¸¸‡¿ ©¸¸¢Ÿ¸¥¸ íÿ. Area wise classification of branches as on 31.03.2017 is given ¢™›¸¸¿ˆÅ 31.03.2017 ˆÅ¸½ ©¸¸‰¸¸‚¸Ê ˆÅ¸ ®¸½°¸¨¸¸£ ¨¸Š¸úÄˆÅ£µ¸ ›¸ú\¸½ ¬¸¸£µ¸ú in the table below: Ÿ¸Ê ¢™¡¸¸ Š¸¡¸¸ í¾À Sr. Classification As on As on ‚.ÇÅ. ¨¸Š¸úÄˆÅ£µ¸ 31.3.2016 ˆÅ¸½ 31.03.2017 ˆÅ¸½ No. 31.03.2016 31.03.2017 1 ŠÏ¸Ÿ¸úµ¸ 658 618 1 Rural 658 618 2 ‚š¸Ä-©¸í£ú 434 434 2 Semi-Urban 434 434 3 ©¸í£ú 366 343 3 Urban 366 343 4 Ÿ¸í¸›¸Š¸£ú¡¸ 437 502 4 Metro 437 502 ˆºÅ¥¸ 1895 1897 Total 1895 1897 # 01.06.2014 ˆ½Å ž¸¸£÷¸ú¡¸ ¢£]¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ 36 # 36 Branches like Service /Retail Asset/Recovery Br's ©¸¸‰¸¸‚¸Ê ¡¸˜¸¸ ¬¸½¨¸¸/¢£’½¥¸ ‚¸¦¬÷¸/¨¸¬¸»¥¸ú ©¸¸‰¸¸ ˆÅ¸½ `¤¸¾ˆÅ ‚¸Á¢ûÅ¬¸' ˆ½Å are converted as a “Back Office” as per RBI Guidelines on ³Åœ¸ Ÿ¸Ê œ¸¢£¨¸¢÷¸Ä÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. 01.06.2014. ‡’ú‡Ÿ¸ ›¸½’¨¸ˆÄÅ ATM NETWORK 31.03.2016 31.03.2017 31.03.2016 31.03.2017 ‚¸ÁûÅ¬¸¸ƒ’ 577 587 Offsite 577 587 ‚¸Á›¸¬¸¸ƒ’ 1284 1291 Onsite 1284 1291 ˆºÅ¥¸ 1861 1878 Total 1861 1878 3.2 Ÿ¸¸›¸¨¸ ¬¸¿¬¸¸š¸›¸ œÏ¤¸¿š¸›¸ 3.2 Human Resources Management ¤¸ÿˆÅ ›¸½ ¨¡¸¸œ¸ˆÅ Ÿ¸¸›¸¨¸ ¬¸¿¬¸¸š¸›¸ œÏ¤¸¿š¸›¸ ›¸ú¢÷¸ ¥¸¸Š¸» ˆÅú í¾ ¢]¸¬¸Ÿ¸Ê „œ¸¡¸ºÆ÷¸ The Bank has put in place a comprehensive HRM Policy ‚¸¾£ ‚¸¨¸©¡¸ˆÅ÷¸¸ ‚¸š¸¸¢£÷¸ ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅ¸½ ¢›¸¡¸ºÆ÷¸/÷¸¾¡¸¸£ ˆÅ£›¸½, that provides the road map for acquiring appropriate & need œÏ¢©¸®¸µ¸, ˆÅ¸¡¸Ä ¬¸¿¨¸š¸Ä›¸, ¤¸½í÷¸£ ˆÅ¸¡¸Ä¢›¸«œ¸¸™›¸ ˆÅú œ¸í\¸¸›¸ ¨¸ œ¸º£¬ˆÅ¸£, based human resources, its development through training, job

13 Annual Report 2016-17

ˆ¾Å¢£¡¸£ ¢›¸Ÿ¸¸Äµ¸, ˆÅ¥¡¸¸µ¸ ‚¸¾£ ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅ¸½ ¬¸¿¬˜¸¸ Ÿ¸Ê ¤¸›¸¸‡ £‰¸›¸½ ÷¸˜¸¸ enrichment, reward and recognition for better performance, „›¸ˆ½Å ¢¨¸ˆÅ¸¬¸ í½÷¸º ¡¸¸½]¸›¸¸ ™ú Š¸ƒÄ í¾. career progression, welfare and retention. ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ›¸½ ¨¸½÷¸›¸Ÿ¸¸›¸ ª½µ¸ú I ˆ½Å 127 ‚¢š¸ˆÅ¸¢£¡¸¸Ê, During the year 2016-17 the Bank recruited 127 Officers in Scale I, 1 Security Officer in Scale II, 79 Clerks and 12 Sub- ¨¸½÷¸›¸Ÿ¸¸›¸ ª½µ¸ú II ˆ½Å 1 ¬¸º£®¸¸ ‚¢š¸ˆÅ¸£ú, 79 ¢¥¸¢œ¸ˆÅ¸Ê ÷¸˜¸¸ 12 ‚š¸ú›¸¬˜¸ staff. ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅú ž¸÷¸úÄ ˆÅú í¾. During the year, 1017 employees ceased to be in service ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¬¸½¨¸¸¢›¸¨¸¼¢î¸, ¬¨¸¾¦\ŽˆÅ ¬¸½¨¸¸¢›¸¨¸¼¢î¸, ÷¡¸¸Š¸ œ¸°¸, ¬¸½¨¸¸ ¬¸½ í’¸›¸½ on account of retirement, VRS, resignation, termination and ‡¨¸¿ Ÿ¸¼÷¡¸º ˆ½Å ˆÅ¸£µ¸ 1017 ˆÅŸ¸Ä\¸¸£ú ¬¸½¨¸¸ Ÿ¸Ê ›¸íú¿ £í½ — death. 2016-17 ˆ½Å ™¸¾£¸›¸ ‚¢š¸ˆÅ¸¢£¡¸¸Ê ˆ½Å ¢¥¸‡ ‚¿÷¸¨¸½Ä÷¸›¸Ÿ¸¸›¸ œ¸™¸½››¸¢÷¸ œÏ¢ÇÅ¡¸¸ Inter scale promotions of officers were carried out during 2016- ‚¸¡¸¸½¢]¸÷¸ ˆÅú Š¸ƒÄ. „ŸŸ¸ú™¨¸¸£¸Ê ˆÅ¸½ ¢›¸Ÿ›¸¸›¸º¬¸¸£ œ¸™¸½››¸¢÷¸ œÏ™¸›¸ ˆÅú Š¸ƒÄ À 17. Following number of candidates were promoted. Ÿ¸œÏ¨¸½ª½- II ¨¸œÏ¨¸½ª½- VI ˆÅœÏ¨¸½ª½-I ¬¸½ ¬¸½ Ÿ¸œÏ¨¸½ª½- Ÿ¸œÏ¨¸½ª½- III ¨¸œÏ¨¸½ª½-IV ¨¸œÏ¨¸½ª½-V ¬¸½ ¬¸½ „ˆÅ¸¨¸½ª½- JMGS-I MMGS-II MMGS- SMGS- SMGS-V SMGS- Ÿ¸œÏ¨¸½ª½- II III ¬¸½ ¨¸œÏ¨¸½ª½-IV ¬¸½ ¨¸œÏ¨¸½ª½-V ¨¸œÏ¨¸½ª½- VI VII TO to MMGS III TO IV TO TO VI TO MMGS-II III SMGS-IV SMGS-V SMGS-VI TEGS-VII 708 90 108 59 24 4 708 90 108 59 24 4 ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ 19 ‚š¸ú›¸¬˜¸ ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅ¸½ ¢¥¸¢œ¸ˆÅ ¬¸¿¨¸Š¸Ä Ÿ¸Ê œ¸™¸½››¸÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸. During the year 2016-17, 19 Substaff were promoted to Clerical cadre. 31.03.2017 ˆ½Å ‚›¸º¬¸¸£ ¢¥¸¿Š¸ ‚›¸ºœ¸¸÷¸ ¬¸¢í÷¸ ¬¸¿¨¸Š¸Ä¨¸¸£ ˆÅ¸¢Ÿ¸ÄˆÅ ¦¬˜¸¢÷¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾ À Cadre wise staff position as of 31.3.2017 with sex ratio percentage is as under : ª½µ¸ú œ¸º²Å«¸ % Ÿ¸¢í¥¸¸ % ˆºÅ¥¸ Category Male % Female % Total 4710 73.82 1670 26.18 ‚¢š¸ˆÅ¸£ú 6380 Officers 4710 73.82 1670 26.18 6380 ¢¥¸¢œ¸ˆÅ 3005 63.62 1718 36.38 4723 Clerks 3005 63.62 1718 36.38 4723 ‚š¸ú›¸¬˜¸ Sub-staff 1682 89.90 189 10.10 1871 1682 89.90 189 10.10 1871 ˆÅŸ¸Ä\¸¸£ú Total 9397 72.43 3577 27.57 12974 ˆºÅ¥¸ 9397 72.43 3577 27.57 12974 The top three branches in disbursement and recovery of ‚›¸º¬¸»¢\¸÷¸ ]¸¸¢÷¸/‚›¸º¬¸»¢\¸÷¸ ]¸›¸]¸¸¢÷¸ ¬¸Ÿ¸º™¸¡¸¸Ê ˆÅ¸½ ‚¢ŠÏŸ¸¸Ê ˆ½Å ¬¸¿¢¨¸÷¸£µ¸ advances to SC/ST community were awarded Rolling Trophy ‡¨¸¿ ¨¸¬¸»¥¸ú Ÿ¸Ê ¬¸¨¸¸½Ä\\¸ 3 ©¸¸‰¸¸‚¸Ê ˆÅ¸½ ž¸¸£÷¸£÷›¸ ”¸Á. ¤¸¸¤¸¸¬¸¸í½¤¸ in name of Bharat Ratna Dr. Babasaheb Ambedkar. ‚¸¿¤¸½”ˆÅ£ ˆ½Å ›¸¸Ÿ¸ ¬¸½ \¸¥¸ ’ï¸ûÅú ¬¸½ ¬¸ŸŸ¸¸¢›¸÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸. The Bank has been allocating up to 3 per cent of its net profit ¤¸ÿˆÅ ‚œ¸›¸½ ¢›¸¨¸¥¸ ¥¸¸ž¸ ¬¸½ ˆÅŸ¸Ä\¸¸£ú ¬¸¢í÷¸ ¬¸½¨¸¸¢›¸¨¸¼î¸ ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆ½Å towards various schemes for the welfare of staff including ˆÅ¥¡¸¸µ¸ í½÷¸º ¢¨¸¢ž¸››¸ ¡¸¸½]¸›¸¸‚¸Ê ˆ½Å ¢¥¸‡ 3% £ˆÅŸ¸ ‚¸¤¸¿¢’÷¸ ˆÅ£÷¸¸ í¾. retired staff. The welfare schemes are administered by a Central Welfare Committee consisting of management & œÏ¤¸¿š¸›¸ ‡¨¸¿ ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆ½Å œÏ¢÷¸¢›¸¢š¸÷¨¸ ¨¸¸¥¸ú ˆ½Å›Íú¡¸ ˆÅ¥¡¸¸µ¸ ¬¸¢Ÿ¸¢÷¸ employees representatives. ×¸£¸ ˆÅ¥¡¸¸µ¸ ¡¸¸½]¸›¸¸‚¸Ê ˆÅ¸½ ¥¸¸Š¸» ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. ¤¸ÿˆÅ ˆ½Å ‚¸¾Ô¸¸½¢Š¸ˆÅ ¬¸¿¤¸¿š¸ ‚\Ž½ íÿ. The Bank has healthy industrial relations. ¤¸ÿˆÅ ž¸¸£÷¸ ¬¸£ˆÅ¸£ú ˆÅú ‚¸£®¸µ¸ ›¸ú¢÷¸ ˆÅ¸ ‚›¸ºœ¸¸¥¸›¸ ˆÅ£÷¸¸ í¾. ‚¸£®¸µ¸ The Bank has been complying with the reservation policy ›¸ú¢÷¸¡¸¸Ê ˆ½Å ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ œ¸£ ¢›¸Š¸£¸›¸ú £‰¸›¸½ í½÷¸º ÷¸˜¸¸ ‚›¸º¬¸»¢\¸÷¸ ]¸¸¢÷¸/ of Govt. of India. Special Cells at Head Office and all Zonal Offices are functioning to monitor the implementation of the ‚›¸º¬¸»¢\¸÷¸ ]¸›¸]¸¸¢÷¸/‚›¡¸ ¢œ¸Ž”õ½ ¨¸Š¸Ä ¬¸¸¨¸Ä]¸¢›¸ˆÅ ³Åœ¸ ¬¸½ ‚®¸Ÿ¸ reservation policies and to redress grievances of SC/ST/OBC ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆ½Å ¬¸¸˜¸-¬¸¸˜¸ ž¸»÷¸œ¸»¨¸Ä ¬¸¾¢›¸ˆÅ¸Ê ˆÅú ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆ½Å ¢›¸¨¸¸£µ¸ & Physically challenged employees as well as ex-servicemen. í½÷¸º œÏš¸¸›¸ ˆÅ¸¡¸¸Ä¥¸¡¸ ‡¨¸¿ ¬¸ž¸ú ‚¿\¸¥¸ ˆÅ¸¡¸¸Ä¥¸¡¸¸Ê Ÿ¸Ê ¢¨¸©¸½«¸ ˆÅ®¸ ˆÅ¸¡¸Ä£÷¸ The Bank has designated Chief Liaison Officers at Head Office íÿ. ¤¸ÿˆÅ ›¸½ œÏš¸¸›¸ ˆÅ¸¡¸¸Ä¥¸¡¸ ¬÷¸£ œ¸£ Ÿ¸º‰¡¸ ¬¸¿œ¸ˆÄÅ ‚¢š¸ˆÅ¸£ú ˆÅ¸½ ›¸¸¢Ÿ¸÷¸ and has set up SC/ST Cells at all Zonal Offices. During the year ¢ˆÅ¡¸¸ í¾ ÷¸˜¸¸ ‚¿\¸¥¸ ˆÅ¸¡¸¸Ä¥¸¡¸¸Ê Ÿ¸Ê ‚›¸º¬¸»¢\¸÷¸ ]¸¸¢÷¸/‚›¸º¬¸»¢\¸÷¸ ]¸›¸]¸¸¢÷¸ periodical meetings were held with SC/ST/OBC Employees ˆÅ®¸ ˆÅú ¬˜¸¸œ¸›¸¸ ˆÅú Š¸ƒÄ í¾. ‚¸£®¸µ¸ ›¸ú¢÷¸ ˆ½Å ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ÷¸˜¸¸ ‚›¡¸ Association to discuss implementation of reservation policy ¬¸¿¨¸¾š¸¸¢›¸ˆÅ ¬¸¿£®¸µ¸¸Ê ‡¨¸¿ ¬¸¸˜¸ íú ¨¡¸¨¸¬¸¸¡¸ ¨¸¼¢Ö Ÿ¸Ê ¬¸íž¸¸¢Š¸÷¸¸ ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê and other constitutional safe guards and also to facilitate \¸\¸¸Ä í½÷¸º ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ‡¬¸¬¸ú/‡¬¸’ú/‚¸½¤¸ú¬¸ú ˆÅŸ¸Ä\¸¸£ú ¬¸¿Š¸“›¸ ˆ½Å ¬¸¸˜¸ involvement in business growth. ‚¸¨¸¢š¸ˆÅ ¤¸¾“ˆÅ¸Ê ˆÅ¸ ‚¸¡¸¸½]¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸. The number of employees belonging to different categories is ¢¨¸¢ž¸››¸ ª½µ¸ú ˆ½Å ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅú ¬¸¿‰¡¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾ À as under: ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅú ˆºÅ¥¸ ¬¸½ S Category of No. of Percentage ‚.ÇÅ. ¢¨¸¨¸£µ¸ ¬¸¿‰¡¸¸ œÏ¢÷¸©¸÷¸ No Employees Employees to total 1. Ÿ¸¢í¥¸¸ ˆÅŸ¸Ä\¸¸£ú 3577 27.57% 1. Women 3577 27.57% 2. Physically Challenged 214 1.65% 2. ¢¨¸ˆÅ¥¸¸¿Š¸ ˆÅŸ¸Ä\¸¸£ú 214 1.65% 3. SC Employees 2370 18.27% 3. ‚›¸º¬¸»¢\¸÷¸ ]¸¸¢÷¸ ˆÅŸ¸Ä\¸¸£ú 2370 18.27% 4. ST Employees 1035 7.98% 4. ‚›¸º¬¸»¢\¸÷¸ ]¸›¸]¸¸¢÷¸ ˆÅŸ¸Ä\¸¸£ú 1035 7.98% 5. OBC Employees 2163 16.67% 5. ‚›¡¸ ¢œ¸Ž”õú ]¸¸¢÷¸ ˆÅŸ¸Ä\¸¸£ú 2163 16.67% 6. General Employees 7406 57.08% 6. ¬¸¸Ÿ¸¸›¡¸ ˆÅŸ¸Ä\¸¸£ú 7406 57.08% TOTAL employees 12974 ¤¸ÿˆÅ Ÿ¸Ê ˆÅ¸¡¸Ä£÷¸ ˆºÅ¥¸ ˆÅŸ¸Ä\¸¸£ú 12974 working in the Bank ¬¸£ˆÅ¸£ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸›¸º¬¸¸£ £¸½¬’¬¸Ä £‰¸½ ]¸¸÷¸½ íÿ ÷¸˜¸¸ ƒ›¸ˆÅú Rosters have been maintained as per Government guidelines ¢›¸£ú®¸µ¸/]¸¸¿\¸ ¢›¸¡¸¢Ÿ¸÷¸ ³Åœ¸ ¬¸½ ˆÅú ]¸¸÷¸ú í¾. and are regularly inspected/ checked.

14 Jeeef

Compassionate Appointments - A Scheme for ‚›¸ºˆ¿Åœ¸¸ ¢›¸¡¸º¢Æ÷¸ - ž¸¸£÷¸ ¬¸£ˆÅ¸£ ˆ½Å ¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ÷¸¾¡¸¸£ ¢ˆÅ‡ ‘Compassionate Appointments’ / Payment of Ex-gratia lump- Š¸‡ ¢¨¸ˆÅ¥¸¸¿Š¸÷¸¸ ˆ½Å ˆÅ¸£µ¸ ¢›¸¨¸¼î¸ í¸½›¸½ ¨¸¸¥¸½ ¡¸¸ ¬¸½¨¸¸ ˆ½Å ™¸¾£¸›¸ Ÿ¸¼÷¡¸º í¸½›¸½ sum amount“ to /of heirs of employees dying in harness or ¨¸¸¥¸½ ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆ½Å „î¸£¸¢š¸ˆÅ¸¢£¡¸¸Ê ˆ½Å `‚›¸ºˆ¿Åœ¸¸ ¢›¸¡¸º¢Æ÷¸¡¸¸Ê'/ ‡Æ¬¸ retiring due to incapacitation framed as per the directives of ŠÏ½¢©¸¡¸¸ ‡ˆÅŸ¸º©÷¸ £ˆÅŸ¸ ˆÅ¸ ž¸ºŠ¸÷¸¸›¸ ˆÅú ¡¸¸½]¸›¸¸ ˆÅ¸½ ˆÅ¸¡¸¸Ä¦›¨¸÷¸ ¢ˆÅ¡¸¸ Government of India, has been implemented. The details of Š¸¡¸¸. ¨¸«¸Ä 2016-17 ˆ½Å ¢¥¸‡ ‚›¸ºˆ¿Åœ¸¸ ‚¸š¸¸£ œ¸£ ¢›¸¡¸º¢Æ÷¸¡¸¸Ê ‚¸¾£ compassionate appointments and payment of Ex-gratia lump- ‡ˆÅŸ¸º©÷¸ ‚›¸ºŠÏí £¸¢©¸ ˆ½Å ž¸ºŠ¸÷¸¸›¸ ˆÅ¸ ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾À sum amount for the year 2016-17 is as under :

‚›¸ºˆ¿Åœ¸¸ ¢›¸¡¸º¢Æ÷¸¡¸¸¿ ‚›¸ºŠÏí £¸¢©¸ ˆÅ¸ ž¸ºŠ¸÷¸¸›¸ Compassionate Appointments Payment of Exgratia ¬¸¿¨¸Š¸Ä ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅú ¬¸¿‰¡¸¸ ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅú ¬¸¿‰¡¸¸ œÏ™î¸ £¸¢©¸ Cadre No.of No.of Amount paid ¢¥¸¢œ¸ˆÅ 6 2 ²Å.14.00 ¥¸¸‰¸ employees employees ‚š¸ú›¸¬˜¸ Clerk 6 2 Rs.14.00 Lacs ˆÅŸ¸Ä\¸¸£ú 12 2 ²Å.12.00 ¥¸¸‰¸ Substaff 12 2 Rs.12.00 Lacs ‚¿©¸™¸¡¸ú ¬¸Ÿ¸»í ¤¸úŸ¸¸ Ÿ¸½¢”Æ¥¸½Ÿ¸ œ¸¸Á¢¥¸¬¸ú ¡¸í œ¸¸Á¢¥¸¬¸ú ¬¸ž¸ú The Contributory Group Insurance Mediclaim Policy for ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ¬¸¢í÷¸ ¬¸½¨¸¸¢›¸¨¸¼î¸ ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆ½Å ¢¥¸‡ ž¸ú „œ¸¥¸¤š¸ í¾ ¢]¸¬¸ˆÅ¸ all employees including retired employees, has been renewed w.e.f. 1.4.2017 and the Sum insured is increased upto Rs.10.00 ›¸¨¸ú›¸úˆÅ£µ¸ 01.04.2017 ¬¸½ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ÷¸˜¸¸ ¨¸÷¸ÄŸ¸¸›¸ ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê Lakhs for existing employees. The details of renewal of policy ˆ½Å ¢¥¸‡ ¤¸úŸ¸¸ ˆÅú £ˆÅŸ¸ ¤¸[õ¸ˆÅ£ ²Å.10.00 ¥¸¸‰¸ ˆÅú Š¸ƒÄ. œ¸¸Á¢¥¸¬¸ú ˆ½Å are as under : ›¸¨¸úˆÅ£µ¸ ˆÅ¸ ¤¡¸¸¾£¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾: ˆÅŸ¸Ä\¸¸£ú ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅú ¬¸¿‰¡¸¸ œÏ™î¸ œÏú¢Ÿ¸¡¸Ÿ¸ Employees No.of Employees Premium paid Existing 970 117.30 ¢¨¸Ô¸Ÿ¸¸›¸ 970 117.30 Retired 1740 219.44 ¬¸½¨¸¸¢›¸¨¸¼î¸ 1740 219.44 Total 2710 336.74 ˆºÅ¥¸ 2710 336.74 The reimbursement of examination fees & payment of ž¸¸£÷¸ú¡¸ ¤¸ÿ¢ˆ¿ÅŠ¸ ‡¨¸¿ ¢¨¸î¸ ¬¸¿¬˜¸¸›¸ ˆ½Å œ¸¸“Ã¡¸ÇÅŸ¸¸Ê ‡¨¸¿ œÏ¢÷¸¦«“÷¸ ¬¸¿¬˜¸¸›¸¸Ê cash incentive / Honorarium in respect of courses from Indian ¬¸½ ‡Ÿ¸¤¸ú‡ ‡¨¸¿ ¬¸ú‡ûÅ‡ ˆ½Å œ¸¸“Ã¡¸ÇÅŸ¸¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê œ¸£ú®¸¸ ©¸º¥ˆÅ ˆÅú Institute of Banking & Finance, MBA from reputed Institutions ÷¸˜¸¸ ›¸ˆÅ™ œÏ¸½÷¬¸¸í›¸/Ÿ¸¸›¸š¸›¸ ˆÅ¸ ž¸ºŠ¸÷¸¸›¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ ˜¸¸ & CFA has been widened by adding three more courses in the œÏ¢÷¸œ¸»¢÷¸Ä list of courses for reimbursement of fees thereby making total ¢]¸¬¸ˆ½Å ‚¿÷¸Š¸Ä÷¸ œ¸¸“Ã¡¸ÇÅŸ¸¸Ê ˆÅú ¬¸»\¸ú Ÿ¸Ê ÷¸ú›¸ ‚¢÷¸¢£Æ÷¸ œ¸¸“Ã¡¸ÇÅŸ¸¸Ê ˆÅ¸½ 25 courses eligible for reimbursement of examination fees. ©¸¸¢Ÿ¸¥¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ¢]¸›¸ˆ½Å ©¸º¥ˆÅ ˆÅú œÏ¢÷¸œ¸»¢÷¸Ä ˆÅú ]¸¸‡Š¸ú. ƒ¬¸ˆ½Å ¬¸¸˜¸ ‚¤¸ œ¸£ú®¸¸ ©¸º¥ˆÅ ˆÅú œÏ¢÷¸œ¸»¢÷¸Ä í½÷¸º ˆºÅ¥¸ 25 œ¸¸“Ã¡¸ÇÅŸ¸¸Ê ˆÅ¸½ œ¸¸°¸ ‹¸¸½¢«¸÷¸ A policy for granting special leave and 100% reimbursement ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. of hospitalization expenses to officers when he meets with an accident / injury is in place. ¢ˆÅ¬¸ú ¬˜¸¸›¸ œ¸£ ”Ã¡¸»’ú ˆ½Å ™¸¾£¸›¸ ‚¢š¸ˆÅ¸£ú ˆÅú ™º‹¸Ä’›¸¸/]¸‰Ÿ¸ú í¸½›¸½ while on duty œ¸£ ‚¬œ¸÷¸¸¥¸úˆÅ£µ¸ ¨¡¸¡¸¸Ê ˆÅú 100% œÏ¢÷¸œ¸»¢÷¸Ä ˆ½Å ¬¸¸˜¸ „¬¸½ ¢¨¸©¸½«¸ Policy for ‘granting incentives, to officers posted & Žº’Ã’ú œÏ™¸›¸ ˆÅ£›¸½ ˆÅú ›¸ú¢÷¸ ÷¸¾¡¸¸£ ˆÅú Š¸ƒÄ í¾. transferred in North eastern zones from other zones’ framed ‚›¡¸ ‚¿\¸¥¸¸Ê ¬¸½ „î¸£ œ¸»¨¸úÄ ‚¿\¸¥¸¸Ê Ÿ¸Ê ÷¸¾›¸¸÷¸ ‡¨¸¿ ¬˜¸¸›¸¸¿÷¸¢£÷¸ as per the directives of Government of India. ‚¢š¸ˆÅ¸¢£¡¸¸Ê ˆÅ¸½ œÏ¸½÷¬¸¸í›¸ œÏ™¸›¸ ˆÅ£›¸½ í½÷¸º ž¸¸£÷¸ ¬¸£ˆÅ¸£ ˆ½Å Training Activities: ¢™©¸¸¢›¸™½Ä©¸¸›¸º¬¸¸£ ›¸ú¢÷¸ ˆÅ¸ Š¸“›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. The Bank has a training system which facilitates attention to œÏ¢©¸®¸µ¸ Š¸¢÷¸¢¨¸¢š¸¡¸¸¿: regular periodic assessment of skill gaps at various levels in ¨¸÷¸ÄŸ¸¸›¸ ‡¨¸¿ „ž¸£÷¸ú íº‡ ¨¡¸¸¨¸¬¸¸¢¡¸ˆÅ ‚¨¸¬¸£¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ¢¨¸¢ž¸››¸ ¬÷¸£¸Ê relation to existing and emerging business opportunities. Skill œ¸£ ˆÅ¸¾©¸¥¸ ˆ½Å ‚ž¸¸¨¸ ˆ½Å ¢›¸¡¸¢Ÿ¸÷¸ ‚¸¨¸¢š¸ˆÅ ¢›¸š¸¸Ä£µ¸ ˆÅú ‚¸½£ š¡¸¸›¸ building in credit, Forex, customer relationship management, ¢™¥¸¸›¸½ í½÷¸º ¤¸ÿˆÅ ˆ½Å œ¸¸¬¸ ‡ˆÅ œÏ¢©¸®¸µ¸ œÏµ¸¸¥¸ú „œ¸¥¸¤š¸ í¾. ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ marketing of products and services, credit monitoring and †µ¸ Ÿ¸Ê ˆÅ¸¾©¸¥¸ ¢›¸Ÿ¸¸Äµ¸, ¢¨¸™½©¸ ¢¨¸¢›¸Ÿ¸¡¸, ŠÏ¸íˆÅ ¬¸¿¤¸¿š¸ œÏ¤¸¿š¸›¸, ¢¨¸¢ž¸››¸ recovery, risk management, technology based banking, „÷œ¸¸™¸Ê ‡¨¸¿ ¬¸½¨¸¸‚¸Ê ˆÅ¸ ¢¨¸œ¸µ¸›¸, †µ¸ ¢›¸Š¸£¸›¸ú ‡¨¸¿ ¨¸¬¸»¥¸ú, ]¸¸½¢‰¸Ÿ¸ branch management, complying with statutory, legal and œÏ¤¸¿š¸›¸, ÷¸ˆÅ›¸úˆÅ ‚¸š¸¸¢£÷¸ ¤¸ÿ¢ˆ¿ÅŠ¸, ©¸¸‰¸¸ œÏ¤¸¿š¸›¸, ¬¸¸¿¢¨¸¢š¸ˆÅ ˆÅ¸›¸»›¸ú ‡¨¸¿ policy requirements and preventive vigilance received special ›¸ú¢÷¸Š¸÷¸ ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ˆÅ¸ ‚›¸ºœ¸¸¥¸›¸, œÏ¢÷¸£¸½š¸ˆÅ ¬¸÷¸ˆÄÅ÷¸¸ ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê attention during the year. ¢¨¸©¸½«¸ š¡¸¸›¸ ¢™¡¸¸ Š¸¡¸¸. Training programs were also held on thrust areas like financing ‡¬¸‡Ÿ¸ƒÄ ˆÅ¸½ ¢¨¸î¸œ¸¸½«¸µ¸, ‰¸º™£¸ „š¸¸£ú, ˆ¼Å¢«¸ ¢¨¸î¸, ¬¸¸ÁÉ’ ˆÅ¸¾©¸¥¸ ‡¨¸¿ SMEs, retail lending, agriculture finance, soft skills and rural ŠÏ¸Ÿ¸úµ¸ ¢¨¸ˆÅ¸¬¸ ]¸¾¬¸½ Ÿ¸í÷¨¸œ¸»µ¸Ä ®¸½°¸¸Ê œ¸£ ž¸ú œÏ¢©¸®¸µ¸ ˆÅ¸¡¸ÄÇÅŸ¸ ‚¸¡¸¸½¢]¸÷¸ development. ¢ˆÅ‡ Š¸‡. Cadre-wise Break up of Employees trained during the 01.04.2016 ¬¸½ 31.03.2017 ˆÅú ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ œÏ¢©¸¢®¸÷¸ period 1.4.2016 to 31.03.2017 are as under- ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅ¸ ¬¸¿¨¸Š¸Ä¨¸¸£ ¤¡¸¸¾£¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾ À Cadre No. of Prog Training Employees ˆÅ¸¡¸ÄÇÅŸ¸¸Ê œÏ¢©¸®¸µ¸ ˆ½Å ˆºÅ¥¸ œÏ¢©¸¢®¸÷¸ Days Trained ¬¸¿¨¸Š¸Ä ˆÅú ¬¸¿‰¡¸¸ ¢™›¸ ˆÅŸ¸Ä\¸¸£ú Officers 146 563 3984 ‚¢š¸ˆÅ¸£ú 146 563 3984 Clerks 44 102 684 ¢¥¸¢œ¸ˆÅ 44 102 684 S/staff 40 76 619 ‚š¸ú›¸¬˜¸ ˆÅŸ¸Ä\¸¸£ú 40 76 619 Total 230 741 5287 ˆºÅ¥¸ 230 741 5287 3.3 Technology Initiatives The Bank had taken of & successfully initiated / launched 3.3 œÏ¸¾Ô¸¸½¢Š¸ˆÅú œ¸í¥¸Ê various Major IT Projects during 2016-2017 which are 2016-2017 ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ›¸½ ¢¨¸¢ž¸››¸ œÏŸ¸º‰¸ ‚¸ƒÄ’ú œ¸¢£¡¸¸½]¸›¸¸‡¿ ©¸º³Å enumerated as under: ˆÅú ‚¸¾£ ¬¸ûÅ¥¸÷¸¸œ¸»¨¸ÄˆÅ ‚¸£¿ž¸/¥¸¸¿\¸ ˆÅú ]¸¸½ ¢›¸Ÿ›¸¸›¸º¬¸¸£ ¬¸»\¸ú¤¸Ö ˆÅú Š¸ƒÄ í¾À

15 Annual Report 2016-17

1. ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ‡ˆÅúˆ¼Å÷¸ ¨¸¸ƒ¬¸ ¢£¬œ¸¸¿¬¸ ¢¬¸¬’Ÿ¸ 1. During the Year 2016-17, Upgrade of Contact Center Operations including Integrated Voice Response System (‚¸ƒÄ¨¸ú‚¸£‡¬¸) ¬¸¢í÷¸ ¬¸¿œ¸ˆÄÅ ˆÊÅÍ ¬¸¿\¸¸¥¸›¸ ˆÅ¸ „››¸¡¸›¸ ‚¸¾£ ¢¬¸¬’Ÿ¸ (IVRS) was successfully done & System is made operational œ¸¢£\¸¸¥¸›¸ ¬¸ûÅ¥¸÷¸¸œ¸»¨¸ÄˆÅ ¢ˆÅ¡¸¸ Š¸¡¸¸. 2. Bank launched ‘MahaUPI’, its UPI mobile application from 2. ¤¸ÿˆÅ ›¸½ 'Ÿ¸í¸¡¸»œ¸ú‡' ˆÅ¸ ©¸ºž¸¸£¿ž¸ ¢ˆÅ¡¸¸, ƒ¬¸ˆÅú ¡¸»œ¸ú‚¸ƒÄ Ÿ¸¸½¤¸¸ƒ¥¸ ‚¸¨¸½™›¸ 26/08/2016. As on 31/03/2017, 1,10,749 customers are ¢™›¸¸¿ˆÅ 26/08/2016 ¬¸½ ©¸º³Å íºƒÄ. 31/03/2017 ˆÅ¸½ ¡¸»œ¸ú‚¸ƒÄ ˆ½Å ¢¥¸‡ registered for UPI. 1,10,749 ŠÏ¸íˆÅ œ¸¿]¸úˆ¼Å÷¸ íÿ. 3. ISO 27001:2013 Re-Certification achieved by the bank during 3. ¢¬¸÷¸¿¤¸£ 2016 ˆÅ¸½ ¤¸ÿˆÅ ›¸½ ‚œ¸›¸½ 4 ¬¸»\¸›¸¸ œÏ¸¾Ô¸¸½¢Š¸ˆÅú ¢¨¸ž¸¸Š¸¸Ê ˆ½Å ¢¥¸‡ September 2016, for its 4 IT Divisions, thereby continuing the ‚Ô¸÷¸›¸ ‚¸ƒÄ‡¬¸‚¸½ 27001À2013 œÏŸ¸¸µ¸›¸ í¸¢¬¸¥¸ ¢ˆÅ¡¸¸ í¾, ƒ¬¸ˆ½Å ¬¸¸˜¸ Quality ISMS (Information Security Management System) in íŸ¸¸£½ ¤¸ÿˆÅ Ÿ¸Ê Š¸ºµ¸¨¸î¸¸ ‚¸ƒÄ‡¬¸‡Ÿ¸‡¬¸ (¬¸»\¸›¸¸ ¬¸º£®¸¸ œÏ¤¸¿š¸›¸ œÏµ¸¸¥¸ú) our Bank. ]¸¸£ú í¾. 4. Cheque Truncation System (CTS) is implemented at all South 4. ¢£]¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢›¸™½©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¬¸ž¸ú ™¢®¸µ¸ ¢ŠÏ” ˆÊÅÍ¸Ê œ¸£ \¸½ˆÅ ’ï¿ˆ½Å©¸›¸ Grid Centers as per RBI directives.. ¢¬¸¬’Ÿ¸ (¬¸ú’ú‡¬¸) ˆÅ¸¡¸¸Ä¦›¨¸÷¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. 5. Bank started the Paper-less ATM-RePIN facility (Green PIN) for 5. ¤¸ÿˆÅ ›¸½ ‚œ¸›¸½ ‡’ú‡Ÿ¸ Ÿ¸©¸ú›¸¸Ê ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ¬¸½ ‡’ú‡Ÿ¸ ˆÅ¸”Ä ˆ½Å ¢¥¸‡ œ¸½œ¸£¥¸½¬¸ ATM Card through its ATM Machines. This facility overcomes ‡’ú‡Ÿ¸ £ú-¢œ¸›¸ ¬¸º¢¨¸š¸¸ (ŠÏú›¸ ¢œ¸›¸) ©¸º³Å ˆÅú. ¡¸í ¬¸º¢¨¸š¸¸ œ¸£¿œ¸£¸Š¸÷¸ £ú- all shortcomings of the conventional re-pin request process. ¢œ¸›¸ ‚›¸º£¸½š¸ œÏ¢ÇÅ¡¸¸ ˆÅú ¬¸ž¸ú ˆÅ¢Ÿ¸¡¸¸Ê œ¸£ ˆÅ¸¤¸» œ¸¸÷¸ú í¾. 6. As per Directives of GOI received from time to time during 6. ¢¨¸Ÿ¸ºÍúˆÅ£µ¸ \¸£µ¸ ˆ½Å ™¸¾£¸›¸ ž¸¸£÷¸ ¬¸£ˆÅ¸£ ¬¸½ œÏ¸œ÷¸ ¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£, the Demonetization Phase, Bank has effected timely changes in ATM Cash Withdrawal Limits. Also, the Bank successfully ¤¸ÿˆÅ ›¸½ ‡’ú‡Ÿ¸ ›¸ˆÅ™ ¢›¸ˆÅ¸¬¸ú ¬¸úŸ¸¸ Ÿ¸Ê ¬¸Ÿ¸¡¸-¬¸Ÿ¸¡¸ œ¸£ œ¸¢£¨¸÷¸Ä›¸ ¥¸¸Š¸» completed the massive exercise of physically recalibrating all ¢ˆÅ¡¸½ íÿ. ¬¸¸˜¸ íú, ¤¸ÿˆÅ ›¸½ ¬¸Ÿ¸¡¸¤¸Ö [¿Š¸ ¬¸½ ¬¸ž¸ú 1878 ‡’ú‡Ÿ¸ ˆÅ¸½ its 1878 ATMs in time bound manner. These ATMs have been ž¸¸¾¢÷¸ˆÅ ³Åœ¸ ¬¸½ ¢£ˆ¾Å¢¥¸¤Ï½’ ˆÅ£›¸½ ˆÅú Ÿ¸º¢íŸ¸ ¤¸”õ½ œ¸¾Ÿ¸¸›¸½ œ¸£ œ¸»£ú ˆÅú Š¸ƒÄ. ƒ›¸ recalibrated on account of demonetization, for the New Rs.500 ‡’ú‡Ÿ¸ ˆÅ¸½ ²Å 500 ‚¸¾£ ²Å 2000 ˆ½Å ›¸¡¸½ ›¸¸½’Ã¬¸ ˆ½Å ¢¥¸‡ ¢¨¸Ÿ¸ºÍúˆÅ£µ¸ ˆ½Å & Rs.2000 notes. ˆÅ¸£µ¸ ¢£ˆ¾Å¢¥¸¤Ï½’ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. 7. New Internet Banking Portal is launched for Retail Customers. 7. ¢£’½¥¸ ŠÏ¸íˆÅ¸Ê ˆ½Å ¢¥¸‡ ›¸¡¸¸ ƒ¿’£›¸½’ ¤¸ÿ¢ˆ¿ÅŠ¸ œ¸¸½’Ä¥¸ ¥¸¸Á›\¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. 8. Bank has implemented Self Update Pass Book Printers 8 ¤¸ÿˆÅ ›¸½ œ¸»£½ ¤¸ÿˆÅ ˆ½Å ¢¨¸¢ž¸››¸ ¬˜¸¸›¸¸Ê œ¸£ ¤¸”õ½ œ¸¾Ÿ¸¸›¸½ Ÿ¸Ê ¬¨¸¡¸¿ ‚œ¸”½’ œ¸¸¬¸ & Bunch Note Acceptor Machines in a big way at various ¤¸ºˆÅ ¢œÏ¿’£ ‚¸¾£ ¤¸¿\¸ ›¸¸½’ ‡Æ¬¸½œ’£ Ÿ¸©¸ú›¸ ¥¸Š¸¸ƒÄ í¾. ¡¸í ŠÏ¸íˆÅ¸Ê ˆÅú locations across the Bank. The same shall be continued to ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê / ¬¸¿÷¸º¦«’ ˆÅú œ¸»¢÷¸Ä ¬¸º¢›¸¢ä¸÷¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ]¸¸£ú £í½Š¸ú. ensure fulfilment of customer requirements/satisfaction. ›¸‡ ‡’ú‡Ÿ¸ ˆÅ¸½©¸º²Å ˆÅ£›¸½ ˆ½Å œÏ¢÷¸¨¸÷¸Ä›¸ ˆÅ¸¥¸ ˆÅ¸½ ˆÅŸ¸ ˆÅ£›¸½, ¤¸½í÷¸£ Bank’s Own EFT Switch, is helping the bank to derive significant ŠÏ¸íˆÅ ‚›¸ºž¸¨¸, ]¸¸½‰¸úŸ¸ ˆÅŸ¸ ˆÅ£›¸½ ¢¨¸¢ž¸››¸ \¸¾›¸¥¸¸¿½ ×¸£¸ ˆÅ¸”Ä ˆÅú ÷¨¸¢£÷¸ advantages like reduced turn-around-time to introduce new ATM Product, Better customer experience, Reduced risk, í¸Á’¢¥¸¢¬’¿Š¸, Ÿ¸»¥¡¸¨¸¢š¸Ä÷¸ ¬¸½¨¸¸‡¿ ‚¸¢™ Ÿ¸íî¨¸œ¸»¨¸Ä ¥¸¸ž¸¸½¿Ÿ¸½¿ ¤¸ÿˆÅ ˆÅ¸ ‚œ¸›¸¸ Instant Hot-listing of a card through multiple channels, Value ƒÄ‡ûÅ’ú ¢¬¨¸\¸ Ÿ¸™™ ˆÅ£ £í¸ í¾. Added Services etc. ‚¿÷¸££¸Ä«’ïú¡¸ ”½¢¤¸’ ˆÅ¸”Ä ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ ›¸½ ¨¸ú{¸¸ ˆ½Å ¬¸¸˜¸ ‚¸¾£ ²Åœ¸½ ”½¢¤¸’ Bank has collaborated with VISA for International Debit Cards ˆÅ¸”Ä ˆ½Å ¢¥¸‡ ‡›¸œ¸ú¬¸ú‚¸ƒÄ ˆ½Å ¬¸¸˜¸ Š¸“¤¸¿š¸›¸ ¢ˆÅ¡¸¸ í¾. ¤¸ÿˆÅ ›¸½ ²Åœ¸½ œ¥¸¾¢’›¸Ÿ¸ and with NPCI for Rupay Debit Cards. Bank has commenced ˆÅ¸”Ä ]¸¸£ú ˆÅ£›¸½ ˆÅ¸ ˆÅ¸¡¸Ä ©¸º²Å ¢ˆÅ¡¸¸ í¾. ¢™›¸¸¿ˆÅ 31.03.2017 ˆÅ¸½ ¤¸ÿˆÅ ˆÅ¸ issue of Rupay Platinum Cards. As on 31/03/2017, the total ˆºÅ¥¸ ˆÅ¸”Ä ‚¸š¸¸£ 64.54 ¥¸¸‰¸ ¢]¸¬¸Ÿ¸Ê 1.11 ¥¸¸‰¸ œ¥¸½¢’›¸Ÿ¸ ¢\¸œ¸ ˆÅ¸”Ä ATM card base of the Bank stood at 64.54 Lakhs, which ©¸¸¢Ÿ¸¥¸ íÿ. includes 1.11 Lakh Rupay Platinum Chip cards. íŸ¸¸£½ ŠÏ¸íˆÅ¸Ê ×¸£¸ ¤¸ÿˆÅ ˆÅú ƒ¿’£›¸½’ ¤¸ÿ¢ˆ¿ÅŠ¸, Ÿ¸¸½¤¸¸ƒÄ¥¸ ¤¸ÿ¢ˆ¿ÅŠ¸, ¡¸»œ¸ú‚¸ƒÄ Bank’s Internet Banking, Mobile Banking, UPI & other online ÷¸˜¸¸ ‚›¡¸ ‚¸Á›¸¥¸¸ƒÄ›¸ ‚¸¨¸½™›¸ œÏ¸œ÷¸ ¢ˆÅ‡ Š¸‡. ¢™›¸¸¿ˆÅ 31.3.2017 ˆ½Å applications are well received by our Customers. As on 31/03/2017, the number of customers registered for Internet ‚›¸º¬¸¸£, ƒ¿’£›¸½’ ¤¸ÿ¢ˆ¿ÅŠ¸, Ÿ¸¸½¤¸¸ƒÄ¥¸ ¤¸ÿ¢ˆ¿ÅŠ¸ ÷¸˜¸¸ ÷¸˜¸¸ ¡¸»œ¸ú‚¸ƒÄ ˆ½Å ¢¥¸‡ Banking, Mobile Banking & UPI stood at 6.97 Lakhs, 2.92 ÇÅŸ¸©¸À 6.97 ¥¸¸‰¸, 2.92 ¥¸¸‰¸ ÷¸˜¸¸ 1.11 ¥¸¸‰¸ ŠÏ¸íˆÅ¸Ê ˆÅú ¬¸¿‰¡¸¸ lakhs & 1.11 Lakhs respectively. œ¸¿]¸úˆ¼Å÷¸ ˆÅú Š¸ƒÄ. Various facilities are being provided through our Internet ƒ¿’£›¸½’ ¤¸ÿ¢ˆ¿ÅŠ¸ œ¥¸¾’ûÅ¸ÁŸ¸Ä ¬¸½ ¢¨¸¢ž¸››¸ ¬¸º¢¨¸š¸¸‡¿ ¡¸˜¸¸ ˆÅ£¸Ê ˆ½Å ‚¸Á›¸¥¸¸ƒÄ›¸ Banking platform for facilitating online payment of taxes, ž¸ºŠ¸÷¸¸›¸, „œ¸¡¸¸½¢Š¸÷¸¸ ¢¤¸¥¸ ž¸ºŠ¸÷¸¸›¸¸Ê, ‚¸Á›¸¥¸¸ƒÄ›¸ ©¸¸Á¢œ¸¿Š¸/ƒÄ-ˆÅ¸ÁŸ¸¬¸Ä, £½¥¸¨¸½ utility bill payments, online shopping / e-commerce, railway ‚¸£®¸µ¸, ‡¥¸‚¸ƒÄ¬¸ú œÏú¢Ÿ¸¡¸Ÿ¸ ž¸ºŠ¸÷¸¸›¸, ƒÄ-‡¬¸¤¸ú’ú‚¸£ ƒ÷¡¸¸¢™ ÷¸˜¸¸ reservation, LIC premium payment, e-SBTR etc and facility for ¤¸ÿˆÅ Ÿ¸Ê ’¾Æ¬¸ Ç½Å¢”’ ¬’½’Ÿ¸Ê’ 26‡‡¬¸ ‡¨¸¿ ”úŸ¸¾’ ‰¸¸÷¸¸ ‚¨¸¥¸¸½ˆÅ›¸ ˆÅú viewing tax credit statement 26AS and Demat account with the ¬¸º¢¨¸š¸¸ œÏ™¸›¸ ˆÅú Š¸ƒÄ í¾. Bank. ¤¸ÿˆÅ ˆ½Å œ¸¸¬¸ ¬¸©¸Æ÷¸ ¬¸»\¸›¸¸ ¬¸º£®¸¸ œÏ¤¸¿š¸›¸ œÏµ¸¸¥¸ú (‚¸ƒÄ‡¬¸‡Ÿ¸‡¬¸) Bank has robust Information Security Management System (ISMS) framework in place. Its information security policy [¸¿\¸¸ „œ¸¥¸¤š¸ í¾. „¬¸ˆÅ¸ ¬¸»\¸›¸¸ ¬¸º£®¸¸ ¬¸¿¤¸¿š¸ú ›¸ú¢÷¸Š¸÷¸ ¤¸¡¸¸›¸ í¾ `¬¸º£¢®¸÷¸ statement being: “Bank of Maharashtra is committed to protect ¨¡¸¨¸¬¸¸¡¸ œÏ\¸¸¥¸›¸¸Ê ˆÅ¸½ ¬¸º¢›¸¢ä¸÷¸ ˆÅ£›¸½ í½÷¸º ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ¬¸ž¸ú and safeguard the critical information of all stakeholders in ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆÅú Ÿ¸í÷¨¸œ¸»µ¸Ä ]¸¸›¸ˆÅ¸£ú ˆÅ¸½ ¬¸¿£¢®¸÷¸ ‡¨¸¿ ¬¸º£¢®¸÷¸ £‰¸›¸½ í½÷¸º order to ensure secure business operations”. Bank has also œÏ¢÷¸¤¸Ö í¾.' ¤¸ÿˆÅ ›¸½ Š¸¸½œ¸¸¥¸ˆ¼Å«µ¸ ¬¸¢Ÿ¸¢÷¸ ×¸£¸ ‚¸¿÷¸¢£ˆÅ ‡¨¸¿ ¤¸¸à¸ ŠÏ¸íˆÅ¸Ê implemented major security initiatives recommended by ˆÅú ¬¸º£®¸¸ œ¸í¥¸¸Ê ¬¸¿¤¸¿š¸ú ‚¢š¸ˆÅ¸¿©¸ ¢¬¸ûÅ¸¢£©¸¸Ê ˆÅ¸½ ˆÅ¸¡¸¸Ä¦›¨¸÷¸ ¢ˆÅ¡¸¸ í¾. Gopalakrishna Committee for internal and external customers. ¤¸ÿˆÅ ˆ½Å œ¸¸¬¸ ‡ˆÅ ¬¸ú¢Ÿ¸÷¸ ¬¸º£®¸¸ œÏ\¸¸¥¸›¸ ˆ½Å›Í (‡¬¸‚¸½¬¸ú) „œ¸¥¸¤š¸ í¾ Bank has in place a captive Security Operations Centre (SOC) ]¸¸½ ¢ˆÅ Ÿ¸í÷¨¸œ¸»µ¸Ä ‚¸ƒÄ’ú ¬¸¿£\¸›¸¸ œ¸£ 24x7 ‚¸š¸¸£ œ¸£ ¢›¸Š¸£¸›¸ú £‰¸÷¸¸ for monitoring Critical IT Infrastructure on 24 x 7 basis. The process for revamping the existing Security Operation Center í¾. ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ Ÿ¸¸¾]¸»™¸ ¬¸º£®¸¸ ‚¸Áœ¸£½©¸›¸ (SOC) to Cyber Security Operations Center (CSOC), as per ¬¸Ê’£ (‡¬¸‚¸½¬¸ú) ˆÅ¸½ ¬¸¸ƒ¤¸£ ¬¸º£®¸¸ œÏ\¸¸¥¸›¸ ˆ½Å›Í (¬¸ú‡¬¸‚¸½¬¸ú) ˆÅ¸½ RBI Directives is initiated & in progress. œ¸º›¸]¸úÄ¢¨¸÷¸ ˆÅ£›¸½ ˆÅú œÏ¢ÇÅ¡¸¸ ©¸º³Å ˆÅú Š¸ƒÄ í¾ ‚¸¾£ œÏŠ¸¢÷¸ œ¸£ í¾. Bank is handling the e-Payments of State Government Taxes Ÿ¸í¸£¸«’ï, ˆÅ›¸¸Ä’ˆÅ, ÷¸¢Ÿ¸¥¸›¸¸”», Ÿ¸š¡¸ œÏ™½©¸ ‡¨¸¿ £¸]¸¬˜¸¸›¸ £¸]¡¸ ¬¸£ˆÅ¸£¸Ê of Maharashtra, Karnataka, Tamil Nadu, Madhya Pradesh & ˆ½Å ˆÅ£¸Ê ˆ½Å ƒÄ-ž¸ºŠ¸÷¸¸›¸¸Ê ˆÅ¸ ˆÅ¸¡¸Ä ¤¸ÿˆÅ ¬¸¿ž¸¸¥¸ £í¸ í¾. Rajasthan States.

16 Jeeef

Ÿ¸º¿¤¸ƒÄ, œ¸ºµ¸½, ‚íŸ¸™¸¤¸¸™ ˆ½Å›Í¸Ê ˆ½Å ‚¸¨¸ˆÅ ¬¸Ÿ¸¸©¸¸½š¸›¸ ˆÅ¸½ œ¸í¥¸½ íú Inward Clearing in Mumbai, Pune & Ahmedabad Centers is already outsourced. Clearing processing for outward clearing ‚¸„’¬¸¸½¬¸Ä ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ‚¤¸ íŸ¸›¸½ ‚œÏ¾¥¸ 2016 ˆ½Å ™¸¾£¸›¸ ›¸¸Š¸œ¸º£ Ÿ¸Ê was made live in Nagpur Zone during April 2016. It is being ]¸¸¨¸ˆÅ ¬¸Ÿ¸¸©¸¸½š¸›¸ ˆÅ¸ ‚¸„’¬¸¸½¬¸Ä ‚¸£¿ž¸ ¢ˆÅ¡¸¸ í¾. ƒ¬¸½ \¸£µ¸¤¸Ö ÷¸£úˆ½Å extended to Pune Centers in a phased manner, so as to move ¬¸½ œ¸ºµ¸½ ˆÊÅÍ ÷¸ˆÅ ¤¸[õ¸¡¸¸ ]¸¸ £í¸ í¾, ÷¸¸¢ˆÅ ž¸¢¨¸«¡¸ Ÿ¸Ê ˆ½Å›Íúˆ¼Å÷¸ ¬¸Ÿ¸¸©¸¸½š¸›¸ towards the goal of Centralized Clearing in future. ˆ½Å ¥¸®¡¸ ˆÅú ¢™©¸¸ Ÿ¸Ê ‚¸Š¸½ ¤¸[õ ¬¸ˆÊÅ. In the coming FY 2017-2018, Bank proposes to take up / ‚¸Š¸¸Ÿ¸ú ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2017-2018 Ÿ¸Ê ¤¸ÿˆÅ ›¸½ ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ¬¸»\¸›¸¸ implement the following IT Initiatives - œÏ¸¾Ô¸¸½¢Š¸ˆÅú œ¸í¥¸¸Ê ˆÅ¸½ ‚œ¸›¸¸›¸½/ ˆÅ¸¡¸¸Ä¦›¨¸÷¸ ˆÅ£›¸½ ˆÅ¸ œÏ¬÷¸¸¨¸ ¢ˆÅ¡¸¸ í¾ - 1. CBS Contract Renewal.

1. ¬¸ú¤¸ú‡¬¸ ¬¸¿¢¨¸™¸ ›¸¨¸úˆÅ£µ¸ 2. Cyber Security Operations Centre (CSOC) 2. ¬¸¸ƒ¤¸£ ¬¸º£®¸¸ œ¸¢£\¸¸¥¸›¸ ˆÊÅÍ (¬¸ú‡¬¸‚¸½¬¸ú) 3. Additional Network Service Provider for Leased Line / 3. ¥¸ú]” ¥¸¸ƒ›¸/ ¨¸ú-¬¸¾’ ©¸¸‰¸¸‚¸Ê ˆ½Å ¢¥¸‡ ‚¢÷¸¢£Æ÷¸ ›¸½’¨¸ˆÄÅ ¬¸½¨¸¸ VSAT Branches œÏ™¸÷¸¸ 4. LMS- end to end- LOS to Recovery, OTS, EWS, Lead 4. ¨¸¬¸»¥¸ú, ‚¸½’ú‡¬¸, ƒÄ”¤¥¡¸»‡¬¸, ‚ŠÏµ¸ú œÏ¤¸¿š¸›¸ ‚¸¢™ ˆ½Å ‡¥¸‡Ÿ¸‡¬¸ Management etc - ‡¿” ’» ‡¿” - ‡¥¸‚¸½‡¬¸ 5. International Financial Reporting Standards (IFRS). 5. ‚¿÷¸£¸Ä«’ïú¡¸ ¢¨¸î¸ú¡¸ ¢£œ¸¸½¢’ôŠ¸ Ÿ¸¸›¸ˆÅ (‚¸ƒÄ‡ûÅ‚¸£‡¬¸) 6. Upgrade of MIS ADF system. 6. ‡Ÿ¸‚¸ƒÄ‡¬¸ ‡”ú‡ûÅ œÏµ¸¸¥¸ú ˆÅ¸ ˆÅ¸½¢’„››¸¡¸›¸ 7. ¬¸Ÿ¸¦›¨¸÷¸ ]¸¸½¢‰¸Ÿ¸ œÏ¤¸¿š¸›¸ ¬¸¸½¥¡¸»©¸›¸ 7. Integrated Risk Management Solution. 8. ¬¨¸úÉ’ ”ú‚¸£ ¬¸½’‚œ¸ 8. SWIFT DR setup. 3.4 ¤¸ÿˆÅ ×¸£¸ ˆÅú Š¸ƒÄ ŠÏ¸íˆÅ „›Ÿ¸º‰¸ œ¸í¥¸ 3.4 Customer Centric Initiatives taken by the Bank ¤¸ÿˆÅ ›¸½ Š¸¸½ƒÄœ¸¸½¢£¡¸¸ ¬¸¢Ÿ¸¢÷¸, ”¸Á. ‡¬¸.‡¬¸. ÷¸¸£¸œ¸¸½£ ¬¸¢Ÿ¸¢÷¸ ‡¨¸¿ ™¸Ÿ¸¸½™£›¸ The Bank has pursued high standards of customer service ¬¸¢Ÿ¸¢÷¸ ˆÅú ¬¸ž¸ú ¤¸”õú ¢¬¸ûÅ¸¢£©¸¸Ê ˆÅ¸ ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ˆÅ£÷¸½ íº‡ ŠÏ¸íˆÅ ¬¸½¨¸¸ to ensure customer satisfaction throughout the year by implementing all major recommendations of Goiporia ˆ½Å „\\¸ Ÿ¸¸›¸ˆÅ¸Ê ˆÅ¸½ ‚œ¸›¸¸¡¸¸ í¾ ÷¸¸¢ˆÅ ¬¸¿œ¸»µ¸Ä ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ŠÏ¸íˆÅ ¬¸¿÷¸¸½«¸ Committee, Dr. S.S. Tarapore Committee and Damodaran ¬¸º¢›¸¢ä¸÷¸ ¢ˆÅ¡¸¸ ]¸¸ ¬¸ˆ½Å. Committee. ž¸¸£÷¸ú¡¸ ¤¸ÿ¢ˆ¿ÅŠ¸ ¬¸¿¢í÷¸¸ ‡¨¸¿ Ÿ¸¸›¸ˆÅ ¤¸¸½”Ä (¤¸ú¬¸ú‡¬¸¤¸ú‚¸ƒÄ) ˆ½Å ¬¸™¬¡¸ ˆ½Å As a member of Banking Codes and Standards Board of India ³Åœ¸ Ÿ¸Ê ¤¸ÿˆÅ ›¸½ ŠÏ¸íˆÅ ‡¨¸¿ ‡Ÿ¸‡¬¸‡Ÿ¸ƒÄ ˆ½Å œÏ¢÷¸ ¤¸ÿˆÅ ¬¸¿¢í÷¸¸ ˆÅú ¨¸\¸›¸¤¸Ö÷¸¸ (BCSBI), Bank has adopted Code of Bank’s Commitment to ˆÅ¸½ ‚œ¸›¸¸¡¸¸ í¾. Customer and Bank’s Code of Commitment to MSMEs. ¤¸ÿˆÅ ›¸½ `Ÿ¸¸ƒÄ ûÅ¸½¥”£' ›¸¸Ÿ¸ˆÅ ‡ˆÅ ûÅ¸½¥”£ Ÿ¸º¢Í÷¸ ¢ˆÅ¡¸¸ í¾ ¢]¸¬¸ˆ½Å ‚¿÷¸Š¸Ä÷¸ Bank has printed folder called as “My Folder” containing all ŠÏ¸íˆÅ ¬¸½¨¸¸ ˆÅú ¬¸ž¸ú ›¸ú¢÷¸¡¸¸Ê, ¬¸½¨¸¸ œÏž¸¸£¸Ê œ¸£ ]¸¸›¸ˆÅ¸£ú, ¬¸£ˆÅ¸£ ˆ½Å customer service policies, information on service charges, ¡¸¸½]¸›¸¸¤¸Ö †µ¸¸Ê œ¸£ ¢™©¸¸¢›¸™½Ä©¸, ¥¸¸½ˆÅœ¸¸¥¸ (‚¸½Ÿ¤¸”Ã¬¸Ÿ¸¾›¸) ‡¨¸¿ guidelines on Government Schematic Loans, Ombudsman ¤¸ú¬¸ú‡¬¸¤¸ú‚¸ƒÄ ¬¸¿¢í÷¸¸ ˆÅ¸ ¬¸Ÿ¸¸¨¸½©¸ í¾. ƒ¬¸ˆÅ¸ Ÿ¸ºÍµ¸ Ÿ¸£¸“ú, ¢í›™ú ‡¨¸¿ and BCSBI Codes. The same is printed in Marathi, Hindi and ‚¿ŠÏ½]¸ú ž¸¸«¸¸‚¸Ê Ÿ¸Ê ˆÅ£ˆ½Å ¬¸ž¸ú ©¸¸‰¸¸‚¸Ê ‡¨¸¿ ‚¿\¸¥¸ ˆÅ¸¡¸¸Ä¥¸¡¸¸Ê ˆÅ¸½ ƒ¬¸ˆÅú English and supplied to all branches and Zones for making the ‚¸œ¸»¢÷¸Ä ˆÅú Š¸ƒÄ í¾ ÷¸˜¸¸ Ÿ¸¸¿Š¸ ˆÅ£›¸½ œ¸£ ¡¸½ ¬¸ž¸ú ŠÏ¸íˆÅ¸Ê ˆÅ¸½ „œ¸¥¸¤š¸ ¢ˆÅ¡¸¸ same available to all customers on demand. ]¸¸÷¸¸ í¾. Duly documented policies approved by the Board, on “Deposits”, “Collection of Cheques”, “Redressal of Grievances”, `]¸Ÿ¸¸£¸¢©¸¡¸¸Ê', `\¸½ˆÅ¸Ê ˆÅú ¨¸¬¸»¥¸ú', `¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅ¸ ¢›¸œ¸’¸›¸', `Ÿ¸º‚¸¨¸]¸¸', “Compensation” , “Operational Procedure for Settlement of `Ÿ¸¼÷¸ˆÅ ]¸Ÿ¸¸ˆÅ÷¸¸Ä‚¸Ê ˆ½Å ¢›¸œ¸’¸›¸ ¬¸¿¤¸¿š¸ú œÏ\¸¸¥¸›¸Š¸÷¸ ˆÅ¸¡¸Ä¢¨¸¢š¸' ‡¨¸¿ ŠÏ¸íˆÅ Claims of Deceased Depositors” and Customer Rights Policy ‚¢š¸ˆÅ¸£ ›¸ú¢÷¸ œ¸£ ¢¨¸¢š¸¨¸÷¸ ™¬÷¸¸¨¸½]¸úˆ¼Å÷¸ ›¸ú¢÷¸¡¸¸Ê ˆÅ¸ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ are in place. ×¸£¸ ‚›¸ºŸ¸¸½™›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. Customer Service Committees are formed at all branches and ŠÏ¸íˆÅ ¬¸½¨¸¸ ¬¸¢Ÿ¸¢÷¸¡¸¸Ê ˆÅ¸ ¬¸ž¸ú ©¸¸‰¸¸‚¸Ê Ÿ¸Ê Š¸“›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ÷¸˜¸¸ their meetings are conducted regularly on monthly basis. The ƒ›¸ˆÅú ¤¸¾“ˆÊÅ Ÿ¸¸¢¬¸ˆÅ ‚¸š¸¸£ œ¸£ ¢›¸¡¸¢Ÿ¸÷¸ ²Åœ¸ ¬¸½ ‚¸¡¸¸½¢]¸÷¸ ˆÅú ]¸¸÷¸ú íÿ. Standing Committee on Customer Service at Head Office and œÏš¸¸›¸ ˆÅ¸¡¸¸Ä¥¸¡¸ Ÿ¸Ê ŠÏ¸íˆÅ ¬¸½¨¸¸ œ¸£ ¬˜¸¸¡¸ú ¬¸¢Ÿ¸¢÷¸ ‡¨¸¿ ‚¿\¸¥¸ ˆÅ¸¡¸¸Ä¥¸¡¸ Ÿ¸Ê Zonal Level Customer Service Committees at Zones, meet ‚¿\¸¥¸ ¬÷¸£ú¡¸ ŠÏ¸íˆÅ ¬¸½¨¸¸ ¬¸¢Ÿ¸¢÷¸¡¸¸¿ ¢›¸¡¸¢Ÿ¸÷¸ ³Åœ¸ ¬¸½ ¤¸¾“ˆÅ ˆÅ¸ ‚¸¡¸¸½]¸›¸ regularly to address and review various customer related ˆÅ£ˆ½Å ŠÏ¸íˆÅ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ¢¨¸¢ž¸››¸ Ÿ¸¸Ÿ¸¥¸¸Ê ˆÅú ¬¸Ÿ¸ú®¸¸ ˆÅ£÷¸ú íÿ ÷¸˜¸¸ matters and to take steps, for an improvement, on an ongoing ¥¸Š¸¸÷¸¸£ ŠÏ¸íˆÅ ¬¸½¨¸¸ Ÿ¸Ê ¬¸ºš¸¸£ í½÷¸º ‚¸¨¸©¡¸ˆÅ ˆÅ™Ÿ¸ „“¸÷¸ú íÿ. basis. ŠÏ¸íˆÅ ¬¸½¨¸¸ œ¸£ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¬¸¢Ÿ¸¢÷¸ ¢÷¸Ÿ¸¸íú ‚¸š¸¸£ œ¸£ ¤¸¾“ˆÅ The Committee of the Board on Customer Service meets on quarterly basis to monitor the quality of the customer service, ‚¸¡¸¸½¢]¸÷¸ ˆÅ£ˆ½Å ŠÏ¸íˆÅ ¬¸½¨¸¸ ˆÅú Š¸ºµ¸¨¸î¸¸, ŠÏ¸íˆÅ ˆÅú ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆ½Å redressal of customer grievances and to ensure customers ¢›¸œ¸’¸›¸ œ¸£ ¢›¸Š¸£¸›¸ú £‰¸÷¸ú í¾ ‡¨¸¿ ŠÏ¸íˆÅ ¬¸¿÷¸¸½«¸ ¬¸º¢›¸¢ä¸÷¸ ˆÅ£÷¸ú í¾. satisfaction. ŠÏ¸íˆÅ ¢©¸ˆÅ¸¡¸÷¸¸Ê œ¸£ ÷¸÷œ¸£÷¸¸ ¬¸½ ˆÅ¸£Ä¨¸¸ƒÄ ˆÅ£›¸½ í½÷¸º ‡ˆÅ œ¸»µ¸Ä ¬¸¿Š¸¢“÷¸ Full-fledged grievances Redressal machinery is in place to ¢©¸ˆÅ¸¡¸÷¸ ÷¸¿°¸ ˆÅ¸ Š¸“›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸. ž¸¸£÷¸ ¬¸£ˆÅ¸£ ˆ½Å ¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ respond promptly to customer grievances. The Bank has started ¤¸ÿˆÅ ›¸½ ¢©¸ˆÅ¸¡¸÷¸Ê ™¸¢‰¸¥¸ ˆÅ£›¸½ ‚˜¸¨¸¸ ŠÏ¸íˆÅ¸Ê ×¸£¸ ¬¸½¨¸¸‚¸Ê œ¸£ ¬¸º^¸¸¨¸ / internet based mechanism, Standardized Public Grievances œÏ¢÷¸¬¸»\¸›¸¸ œÏ™¸›¸ ˆÅ£›¸½ ÷¸˜¸¸ „›¸ˆÅú œÏ¢÷¸¬¸»\¸›¸¸‚¸Ê / ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅú œ¸¸¨¸÷¸ú Redressal System (SPGRS) for lodging the complaints or to œÏ™¸›¸ ˆÅ£›¸½ í½÷¸º ƒ›’£›¸½’ ‚¸š¸¸¢£÷¸ ÷¸¿°¸, Ÿ¸¸›¸ˆÅúˆ¼Å÷¸ ]¸›¸ ¢©¸ˆÅ¸¡¸÷¸ give suggestions / feedback on services by the customers and ¢›¸œ¸’¸›¸ œÏµ¸¸¥¸ú (‡¬¸œ¸ú]¸ú‚¸£‡¬¸) ˆÅ¸ ‚¸£¿ž¸ ¢ˆÅ¡¸¸ í¾. for providing acknowledgement and status of their feedback / complaints as per the directions of Government of India. ÇÅ. ¢¨¸¨¸£µ¸ 2015-16 2016-17 Sr. Particulars 2015-16 2016-17 1 ¨¸«¸Ä ˆ½Å ‚¸£¿ž¸ Ÿ¸Ê ŠÏ¸íˆÅ ¢©¸ˆÅ¸¡¸÷¸Ê 2 73 No. 1 Customer complaints at the beginning of 2 73 2 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œÏ¸œ÷¸ ¢©¸ˆÅ¸¡¸÷¸Ê 3218 2912 the year 3 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¢›¸œ¸’¸ƒÄ Š¸ƒÄ ¢©¸ˆÅ¸¡¸÷¸Ê 3147 2931 2 Complaints received during the year 3218 2912 4 ¨¸«¸Ä ˆÅú ¬¸Ÿ¸¸¦œ÷¸ œ¸£ ¥¸¿¢¤¸÷¸ ¢©¸ˆÅ¸¡¸÷¸Ê 73 54 3 Complaints redressed during the year 3147 2931 4 Complaints pending at the end of the year 73 54

17 Annual Report 2016-17

¡¸í ¤¸ÿˆÅ ˆÅ¸ œÏ¡¸¸¬¸ í¾ ¢ˆÅ ¬¸ž¸ú ¢©¸ˆÅ¸¡¸÷¸Ê ‡ˆÅ ¬¸œ÷¸¸í ˆ½Å ¬¸Ÿ¸¡¸ ˆ½Å ž¸ú÷¸£ It is Bank’s endeavor to redress all complaints within a week’s ¢›¸œ¸’¸ƒÄ ]¸¸‡¿. time. œÏš¸¸›¸ ˆÅ¸¡¸¸Ä¥¸¡¸ Ÿ¸Ê ¢ˆÅ‚¸ÁÆ¬¸ Ÿ¸©¸ú›¸ ˆÅ¸ œÏ¢÷¸¬˜¸¸œ¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ÷¸¸¢ˆÅ Kiosk Machine has been installed at Head Office to enable the customer to register online complaints / suggestions and is in ŠÏ¸íˆÅ ‚¸Á›¸¥¸¸ƒÄ›¸ ¢©¸ˆÅ¸¡¸÷¸Ê / ¬¸º^¸¸¨¸ œ¸¿]¸úˆ¼Å÷¸ ˆÅ£ ¬¸ˆÊÅ ÷¸˜¸¸ ¡¸í operation since 14.03.2013. 14.03.2013 ¬¸½ œÏ\¸¸¥¸›¸Š¸÷¸ í¾. 3.5 KYC/ AML 3.5 ˆ½Å¨¸¸¡¸¬¸ú / ‡‡Ÿ¸‡¥¸ Know Your Customer (KYC) norms / Anti Money Laundering ‚œ¸›¸½ ŠÏ¸íˆÅ ˆÅ¸½ ]¸¸¢›¸‡ (ˆ½Å¨¸¸¡¸¬¸ú) Ÿ¸¸›¸™¿”¸Ê/ š¸›¸ ©¸¸½š¸›¸ ¢›¸¨¸¸£ˆÅ (AML) standards / Combating of Financing of Terrorism (CFT) (‡‡Ÿ¸‡¥¸) Ÿ¸¸›¸ˆÅ¸Ê/ ‚¸÷¸¿ˆÅ¨¸¸™ú Š¸¢÷¸¢¨¸¢š¸¡¸¸Ê ˆÅ¸½ ¢¨¸î¸œ¸¸½«¸µ¸ ˆÅú £¸½ˆÅ˜¸¸Ÿ¸ and Obligation of Bank under Prevention of Money Laundering (¬¸ú‡ûÅ’ú) ‚¸¾£ š¸›¸ ©¸¸½š¸›¸ ¢›¸¨¸¸£µ¸ ‚¢š¸¢›¸¡¸Ÿ¸ (œ¸ú‡Ÿ¸‡¥¸‡) 2002 Act (PMLA) 2002. ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¤¸ÿˆÅ ˆÅú œÏ¢÷¸¤¸Ö÷¸¸‡¿. The Bank has Board approved KYC-AML-CFT Policy in ¤¸ÿˆÅ ˆÅú ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ¬¸½ ‚›¸ºŸ¸¸½¢™÷¸ ˆ½Å¨¸¸¡¸¬¸ú-‡‡Ÿ¸‡¥¸-¬¸ú‡ûÅ’ú ›¸ú¢÷¸ place. The said Policy is the foundation on which the Banks íÿ. ƒ¬¸ ›¸ú¢÷¸ ˆ½Å ‚¸š¸¸£ œ¸£ ¤¸ÿˆÅ ˆ½Å¨¸¸¡¸¬¸ú Ÿ¸¸›¸™¿”, ‡‡Ÿ¸‡¥¸ Ÿ¸¸›¸ˆÅ ‚¸¾£ implementation of KYC norms, AML standards and CFT ¬¸ú‡ûÅ’ú „œ¸¸¡¸¸Ê ˆÅ¸ ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ˆÅ£÷¸¸ í¾. œ¸»µ¸Ä ˆ½Å¨¸¸ƒÄ¬¸ú ‚›¸ºœ¸¸¥¸›¸ Ÿ¸Ê measures is based. The full KYC compliance entails staff ŠÏ¸íˆÅ¸Ê ˆ½Å ¬¸¸˜¸-¬¸¸˜¸ ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅ¸½ ž¸ú ¢©¸¢®¸÷¸ ˆÅ£›¸¸ ©¸¸¢Ÿ¸¥¸ í¾, ƒ¬¸ˆ½Å education as well as customer education for which the following ¢¥¸‡ ¤¸ÿˆÅ ›¸½ ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ˆÅ™Ÿ¸ „“¸‡ íÿ. measures are taken by the Bank. ‚¸ƒÄ¤¸ú‡ ›¸½ ¤¸ÿˆÅ¸Ê ˆÅ¸½ ‡‡Ÿ¸‡¥¸ ‚¥¸’Ä ¢›¸¢Ÿ¸Ä÷¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ‚¤¸ ÷¸ˆÅ 88 IBA has advised the Banks to implement 88 parameters so far for generation of AML alerts. Bank has implemented 43 Ÿ¸¸œ¸™¿”¸Ê ˆ½Å ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ˆÅú ¬¸¥¸¸í ™ú í¾. ¤¸ÿˆÅ ›¸½ ‚¸ƒÄ¤¸ú‡ ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å parameters out of 49 parameters as per IBA guidelines and ‚›¸º¬¸¸£ 49 Ÿ¸¸œ¸™¿”¸Ê Ÿ¸Ê ¬¸½ 43 Ÿ¸¸œ¸™¿”¸Ê ˆÅ¸ ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ¢ˆÅ¡¸¸ í¾ ‚¸¾£ ©¸½«¸ the remaining 6 parameters are related to 3rd party products. 6 Ÿ¸¸œ¸™¿” ‚›¡¸ œ¸®¸ „÷œ¸¸™ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ íÿ. ƒ¬¸ˆ½Å ‚¥¸¸¨¸¸ û¾ÅÆ¬¸ ˆÊÅÍ¸Ê/ In addition to these the FEX centers/branches have been ©¸¸‰¸¸‚¸Ê ˆÅ¸½ š¸¸½‰¸¸š¸”õú/ š¸›¸ ©¸¸½š¸›¸ ˆÅú £¸½ˆÅ˜¸¸Ÿ¸ ˆ½Å ¢¥¸‡ ‡ûÅ‚¸ƒÄ¡¸»- sensitized on the guidelines on Trade Based Money Laundering ‚¸ƒÄ‡›¸”ú ×¸£¸ ]¸¸£ú ¨¡¸¸œ¸¸£ ‚¸š¸¸¢£÷¸ š¸›¸©¸¸½š¸›¸ œ¸£ ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å issued by FIU-IND to prevent fraud/money laundering. ¬¸¿¤¸¿š¸ Ÿ¸Ê ]¸¸Š¸²ÅˆÅ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. A comprehensive list of KYC documents is uploaded on the ŠÏ¸íˆÅ¸Ê ˆ½Å ¥¸¸ž¸¸˜¸Ä ¤¸ÿˆÅ ˆÅú ¨¸½¤¸¬¸¸ƒÄ’ œ¸£ ˆ½Å¨¸¸¡¸¬¸ú ™¬÷¸¸¨¸½]¸¸Ê ˆÅú ¨¡¸¸œ¸ˆÅ Banks web site for the benefit of customers. Regular training ¬¸»\¸ú ‚œ¸¥¸¸½” ˆÅú Š¸ƒÄ í¾. ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅ¸½ ]¸¸Š¸³ÅˆÅ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ sessions are conducted on KYC-AML-CFT guidelines at the ˆ½Å œÏ¢©¸®¸µ¸ ¬¸¿¬˜¸¸›¸¸Ê Ÿ¸Ê ˆ½Å¨¸¸¡¸¬¸ú-‡‡Ÿ¸‡¥¸-¬¸ú‡ûÅ’ú ¢™©¸¸¢›¸™½Ä©¸¸Ê œ¸£ Banks training establishments to sensitize the employees. ¢›¸¡¸¢Ÿ¸÷¸ œÏ¢©¸®¸µ¸ ˆÅ¸¡¸ÄÇÅŸ¸ ‚¸¡¸¸½¢]¸÷¸ ¢ˆÅ‡ ]¸¸÷¸½ íÿ. 3.6 Risk Management 3.6 ]¸¸½¢‰¸Ÿ¸ œÏ¤¸¿š¸›¸ The Bank has put in place Risk Management Policies and Strategies, enables it to identify, measure, monitor and manage ¤¸ÿˆÅ ›¸½ ]¸¸½¢‰¸Ÿ¸ œÏ¤¸¿š¸›¸ ›¸ú¢÷¸¡¸¸¿ ‚¸¾£ £µ¸›¸ú¢÷¸¡¸¸¿ ¥¸¸Š¸» ˆÅú íÿ ]¸¸½ ƒ¬¸½ risk efficiently and establishes control systems in line with the ]¸¸½¢‰¸Ÿ¸ ˆÅ¸½ œÏž¸¸¨¸ú ³Åœ¸ ¬¸½ ‚¢ž¸¢›¸š¸¸Ä¢£÷¸ ˆÅ£›¸½, „¬¸ˆ½Å Ÿ¸¸œ¸›¸, ¢›¸Š¸£¸›¸ú Bank’s aggregate Risk Appetite. Bank has constituted Risk ‚¸¾£ œÏ¤¸¿š¸›¸ ˆÅ£›¸½ Ÿ¸Ê ¬¸®¸Ÿ¸ ¤¸›¸¸÷¸¸ í¾ ‚¸¾£ ¤¸ÿˆÅ ˆÅú ¬¸Ÿ¸ŠÏ ]¸¸½¢‰¸Ÿ¸ „“¸›¸½ Management Committee at Board level to monitor the risk at ˆÅú ®¸Ÿ¸÷¸¸ ˆ½Å ‚›¸º³Åœ¸ ¢›¸¡¸¿°¸µ¸ œÏµ¸¸¢¥¸¡¸¸¿ ¬˜¸¸¢œ¸÷¸ ˆÅú íÿ. ¤¸ÿˆÅ ›¸½ ¢›¸™½©¸ˆÅ Bank level in accordance with RBI Guidelines. Bank has also Ÿ¸¿”¥¸ ¬÷¸£ œ¸£ ]¸¸½¢‰¸Ÿ¸ œÏ¤¸¿š¸›¸ ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ Š¸“›¸ ¢ˆÅ¡¸¸ í¾, ]¸¸½ ž¸¸£÷¸ú¡¸ constituted sub-committees headed by Top Management of ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸£µ¸ Ÿ¸Ê ¤¸ÿˆÅ ¬÷¸£ œ¸£ ]¸¸½¢‰¸Ÿ¸ Bank. ˆÅú ¢›¸Š¸£¸›¸ú ˆÅ£÷¸ú í¾. ¤¸ÿˆÅ ˆ½Å ©¸ú«¸Ä œÏ¤¸¿š¸›¸ ×¸£¸ ‚š¡¸®¸÷¸¸¨¸¸¥¸ú „œ¸ The Bank is Compliant to the RBI guidelines on disclosure ¬¸¢Ÿ¸¢÷¸¡¸¸Ê ˆÅ¸ ž¸ú ¤¸ÿˆÅ ×¸£¸ Š¸“›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. requirements under Basel III Capital Regulations. ¤¸ÿˆÅ ¤¸½¬¸¥¸ III œ¸»¿]¸ú ¢¨¸¢›¸¡¸¸Ÿ¸ˆÅ¸Ê ˆ½Å ‚š¸ú›¸ œÏˆÅ’›¸ ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê œ¸£ 3.7 Brand Image: ž¸¸£÷¸ú¡¸ ¢£]¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆÅ¸ ‚›¸ºœ¸¸¥¸›¸ ˆÅ£÷¸¸ í¾. Your Bank with a view to develop Brand Image of Bank, 3.7 ¤Ï¸¿” ƒŸ¸½]¸ publicize Bank’s various products coupled with Corporate ¤¸ÿˆÅ ˆÅú ¤Ï¸¿” ƒŸ¸½]¸ ¢¨¸ˆÅ¢¬¸÷¸ ˆÅ£›¸½ ˆ½Å ´¦«’ˆÅ¸½µ¸ ¬¸½ ‚¸œ¸ˆ½Å ¤¸ÿˆÅ ›¸½ ¢›¸Š¸¢Ÿ¸÷¸ Social Responsibilities has Marketing & Publicity Policy as well ¬¸¸Ÿ¸¸¢]¸ˆÅ ™¸¢¡¸÷¨¸¸Ê ˆ½Å ¬¸¸˜¸-¬¸¸˜¸ ¢¨¸¢ž¸››¸ „÷œ¸¸™¸Ê ˆ½Å œÏ\¸¸£ ¢ˆÅ¡¸¸ í¾, as independent vertical. ƒ¬¸ˆÅú ¢¨¸œ¸µ¸›¸ ¨¸ œÏ\¸¸£ ›¸ú¢÷¸ í¾ ‚¸¾£ ¬¨¸÷¸¿°¸ ¨¸¢’ÄˆÅ¥¸ í¾. Bank has extended Donations under its Corporate Social Responsilibilities to National Sports Development Fund ¤¸ÿˆÅ ›¸½ ‚œ¸›¸½ ¢›¸Š¸¢Ÿ¸÷¸ ¬¸¸Ÿ¸¸¢]¸ˆÅ ™¸¢¡¸÷¨¸¸Ê ˆ½Å ‚¿÷¸Š¸Ä÷¸ £¸«’ïú¡¸ ‰¸½¥¸ (NSDF), Rotary Club Nigdi for the construction of water Tank in ¢¨¸ˆÅ¸¬¸ ¢›¸¢š¸ (‡›¸‡¬¸”ú‡ûÅ), ¢›¸Š¸”ú ŠÏ¸Ÿ¸ Ÿ¸Ê œ¸¸›¸ú ˆÅú ’¿ˆÅú ˆ½Å ¢›¸Ÿ¸¸Äµ¸ í½÷¸º Nigade Village, Balewadi Stadium for providing Water Coolers, £¸½’£ú Æ¥¸¤¸, ¢›¸Š¸”ú, ¨¸¸Á’£ ˆ»Å¥¸£¸Ê ˆ½Å ¢¥¸‡ ¤¸¸¥¸½¨¸¸”ú ¬’½¢”¡¸Ÿ¸, ¤¸¸íº¤¸¥¸ú “Shrutakevali Education Trust” for Bahubali Children’s Hospital, ¢\¸¥”ï½›¸ ‚¬œ¸÷¸¸¥¸, ª¨¸µ¸¤¸½¥¸Š¸¸½¥¸¸, ˆÅ›¸¸Ä’ˆÅ ˆ½Å `ªº÷¸ˆ½Å¨¸¥¸ú ‡]¡¸»ˆ½Å©¸›¸ Shravanabelagola, Karnataka, NAAM Foundation famous ’ï¬’' ÷¸˜¸¸ ¢©¸®¸¸, ‚¨¸¬¸¿£\¸›¸¸, £¸½]¸Š¸¸£, ž¸¸½]¸›¸ ƒ÷¡¸¸¢™ ]¸¾¬¸½ Ÿ¸ºÓ¸Ê NGO working on issues like education, infrastructure, œ¸£ ˆÅ¸¡¸Ä ˆÅ£›¸½ ¨¸¸¥¸½ ¢¨¸‰¡¸¸÷¸ ‡›¸]¸ú‚¸½ ›¸¸Ÿ¸ ûÅ¸„¿”½©¸›¸ ˆÅ¸½ ™¸›¸ employment, food etc., (”¸½›¸½©¸›¸) ¢™‡ Š¸‡. 3.8 Citizen’s Charter: 3.8 ›¸¸Š¸¢£ˆÅ ‚¢š¸ˆÅ¸£ œ¸°¸ The Bank has adopted the Charter since 2000–01, which ¨¸«¸Ä 2000-01 ¬¸½ ¤¸ÿˆÅ ›¸½ ›¸¸Š¸¢£ˆÅ ‚¢š¸ˆÅ¸£ œ¸°¸ ¬¨¸úˆÅ¸£ ¢ˆÅ¡¸¸ í¾. ƒ¬¸ details the duties and responsibilities of the Bank towards its customers. The charter is displayed at all the branches and ‚¢š¸ˆÅ¸£ œ¸°¸ Ÿ¸Ê ŠÏ¸íˆÅ¸Ê ˆ½Å œÏ¢÷¸ ¤¸ÿˆÅ ˆ½Å ™¸¢¡¸÷¨¸¸Ê ¨¸ ˆÅ÷¸Ä¨¡¸¸Ê ˆÅ¸ „¥¥¸½‰¸ Bank's website. Some of important responsibility of Branches ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ›¸¸Š¸¢£ˆÅ ‚¢š¸ˆÅ¸£ œ¸°¸ ˆÅ¸½ ¤¸ÿˆÅ ˆÅú ¬¸ž¸ú ©¸¸‰¸¸‚¸Ê ‚¸¾£ ¤¸ÿˆÅ are; ˆÅú ¨¸½¤¸ ¬¸¸ƒÄ’ œ¸£ œÏ™¢©¸Ä÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ©¸¸‰¸¸‚¸Ê ˆÅú ˆºÅŽ Ÿ¸í÷¨¸œ¸»µ¸Ä  All branches of banks in all parts of the country should ¢]¸ŸŸ¸½™¸¢£¡¸¸¿ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿ - provide the following customer services, more actively  ™½©¸ ˆ½Å ¬¸ž¸ú ž¸¸Š¸¸Ê Ÿ¸Ê ¤¸ÿˆÅ ˆÅú ¬¸ž¸ú ©¸¸‰¸¸‚¸Ê ˆÅ¸½ ]¸›¸ ¬¸¸Ÿ¸¸›¡¸ ˆÅ¸½ and vigorously to the members of public. ‚¢š¸ˆÅ ¬¸¢ÇÅ¡¸ ³Åœ¸ ¬¸½ ‚¸¾£ ]¸¸½£-©¸¸½£ ¬¸½ ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ŠÏ¸íˆÅ ¬¸½¨¸¸‡¿ œÏ™¸›¸ ˆÅ£›¸ú \¸¸¢í‡ -

18 Jeeef

 ¬¸ž¸ú Ÿ¸»¥¡¸ ¨¸Š¸Ä ˆ½Å ›¸‡ ¤¸½í÷¸£ Š¸ºµ¸¨¸î¸¸ ¨¸¸¥¸½ ›¸¸½’¸Ê ¨¸ ¢¬¸ÆˆÅ¸Ê ˆÅú Ÿ¸¸¿Š¸  Meeting the demands for fresh / good quality notes ˆÅú œ¸»¢÷¸Ä ˆÅ£›¸¸ and coins of all denominations.  ˆÅ’½-ûÅ’½ ›¸¸½’¸Ê ˆÅ¸½ ¤¸™¥¸›¸¸ ‚¸¾£  Exchanging soiled notes, and  ¡¸¸ ÷¸¸½ ¬¸¿¨¡¸¨¸í¸£ ¡¸¸ ¢¨¸¢›¸Ÿ¸¡¸ ˆ½Å ¢¥¸‡ ¢¬¸Æˆ½Å ¨¸ ›¸¸½’ ¬¨¸úˆÅ¸£ ˆÅ£›¸¸  Accepting coins and notes either for transactions or exchange.  ¨¸¢£«“ ›¸¸Š¸¢£ˆÅ¸Ê ˆ½Å ¢¥¸‡ ‚¥¸Š¸ ˆÅ÷¸¸£  Separate que for senior citizen 4. ¬¸¸Ÿ¸¸¢]¸ˆÅ/ ¬¸»®Ÿ¸ ‚¸¢˜¸ÄˆÅ ¢¨¸ˆÅ¸¬¸ 4. SOCIO/MICRO ECONOMIC DEVELOPMENT. 4.1 œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸ ®¸½°¸ ˆÅ¸½ „š¸¸£ú ¤¸ÿˆÅ ˆÅ¸ ¡¸í ¬¸÷¸÷¸ œÏ¡¸¸¬¸ £í¸ í¾ ¢ˆÅ ¥¸‹¸º ‚¸¾£ ¬¸úŸ¸¸›÷¸ ˆ¼Å«¸ˆÅ¸Ê, ¬¸»®Ÿ¸ ‡¨¸¿ 4.1 Priority Sector Lending ¥¸‹¸º „Ô¸¢Ÿ¸¡¸¸Ê, ûºÅ’ˆÅ£ ¨¡¸¸œ¸¸¢£¡¸¸Ê, œ¸½©¸½¨¸£¸Ê ¨¸ ¬¨¸¢›¸¡¸¸½¢]¸÷¸ ¨¡¸¢Æ÷¸¡¸¸Ê, It has been the constant endeavor of the Bank to facilitate Ÿ¸¢í¥¸¸ „Ô¸¢Ÿ¸¡¸¸Ê ÷¸˜¸¸ ‚¸¢˜¸ÄˆÅ ³Åœ¸ ¬¸½ ˆÅŸ¸]¸¸½£ ¢ˆÅ›÷¸º „Ô¸Ÿ¸©¸ú¥¸ equitable and sustainable economic development by timely ¨¡¸¢Æ÷¸¡¸¸Ê ˆÅ¸½ „÷œ¸¸™ˆÅ œÏ¡¸¸½]¸›¸¸Ê í½÷¸º ¬¸Ÿ¸¡¸ œ¸£ ‚¤¸¸¢š¸÷¸ ³Åœ¸ ¬¸½ †µ¸ and hassle-free availability of credit for productive purposes „œ¸¥¸¤š¸ ˆÅ£¸÷¸½ íº‡ ¬¸Ÿ¸¸›¸ ‚¸¾£ ¬¸º¦¬˜¸£ ‚¸¢˜¸ÄˆÅ ¢¨¸ˆÅ¸¬¸ ¬¸º¢›¸¢ä¸÷¸ ¢ˆÅ¡¸¸ to Small and Marginal Farmers, Micro and Small Enterprises, ]¸¸‡. Retail Traders, Professional and Self Employed, Women Entrepreneurs and entrepreneurs from economically weaker œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸ ®¸½°¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ 31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸ ®¸½°¸ ˆ½Å sections. ‚¿÷¸Š¸Ä÷¸ ˆºÅ¥¸ ¤¸ˆÅ¸¡¸¸ ‚¢ŠÏŸ¸ ²Å.40388.63 ˆÅ£¸½”õ ˜¸½, ]¸¸½ ¬¸Ÿ¸¸¡¸¸½¢]¸÷¸ The outstanding advances under Priority Sector as of 31st ¢›¸¨¸¥¸ ¤¸ÿˆÅ †µ¸ (‡‡›¸¤¸ú¬¸ú) ˆ½Å 34.99% £í½. March 2017, aggregates to Rs. 40388.63 Crore constituting 4.2 ˆ¼Å¢«¸ 34.99% of the Adjusted Net Bank Credit (ANBC). ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ˆ¼Å¢«¸ ‚¸¾£ ¬¸í¸¡¸ˆÅ Š¸¢÷¸¢¨¸¢š¸¡¸¸Ê ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ ›¸½ 4.2 Agriculture ²Å.7752 ˆÅ£¸½”õ ˆ½Å †µ¸ ¢¨¸÷¸¢£÷¸ ¢ˆÅ‡. ˆ¼Å¢«¸ ®¸½°¸ ˆÅ¸½ ˆºÅ¥¸ ¤¸ˆÅ¸¡¸¸ ‚¢ŠÏŸ¸ ¢™›¸¸¿ˆÅ 31.03.2017 ˆÅ¸½ ²Å.17960 ˆÅ£¸½”õ ˆ½Å £í½ (4.57% ˆÅú ¨¸¼¢Ö). The Bank disbursed Rs. 7752 Crore for agriculture and allied activities during the year 2016-17. The total outstanding ¤¸ÿˆÅ ›¸½ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ˆ¼Å¢«¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¢›¸¨¸½©¸ †µ¸ ˆÅú ¨¸¼¢Ö œ¸£ advances to agriculture sector reached a level of Rs.17960 š¡¸¸›¸ ˆ½Å¦›Í÷¸ ¢ˆÅ¡¸¸ ‚¸¾£ ²Å.3042 ˆÅ£¸½”õ ˆÅ¸ ¢¨¸÷¸£µ¸ ¢ˆÅ¡¸¸. ¤¸ÿˆÅ ›¸½ ‰¸½÷¸ Crore as on 31.03.2017 (growth of 4.57%). Bank focused on Ÿ¸©¸ú›¸úˆÅ£µ¸ ‚¸¾£ ¬¸»®Ÿ¸ ¢¬¸¿\¸¸ƒÄ Š¸¢÷¸¢¨¸¢š¸¡¸¸Ê ˆÅ¸½ ¤¸[¸¨¸¸ ™½›¸½ ˆ½Å ¢¥¸‡ ¨¸«¸Ä growth of investment credit under Agriculture during the year ˆ½Å ™¸¾£¸›¸ ’ï¾Æ’£ ¢¨¸¢›¸Ÿ¸¸Ä÷¸¸‚¸Ê, ¬¸»®Ÿ¸ ¢¬¸¿\¸¸ƒÄ ˆ¿Åœ¸¢›¸¡¸¸Ê ˆ½Å ¬¸¸˜¸ £µ¸›¸ú¢÷¸ˆÅ 2016-17 and disbursed Rs. 3042 Crore. Bank also entered Š¸“¤¸¿š¸›¸ ¢ˆÅ‡. into strategic tie-up arrangements with Tractor Manufacturers, Micro Irrigation Companies for promoting farm mechanization ¢ˆÅ¬¸¸›¸¸Ê ˆÅ¸½ ^¸¿^¸’ Ÿ¸ºÆ÷¸ †µ¸ œÏ¨¸¸í œÏ™¸›¸ ˆÅ£÷¸½ íº‡ ˆ¼Å¢«¸ ˆ½Å ¢¥¸‡ ‚¢ŠÏŸ¸¸Ê and micro irrigation activities during the year. Ÿ¸Ê ¨¸¼¢Ö í½÷¸º ¬¸ž¸ú ©¸¸‰¸¸‚¸Ê ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ ›¸½ ]¸¸Š¸²ÅˆÅ÷¸¸/ ¬¸ºŠÏ¸íú ˆÅ¸¡¸ÄÇÅŸ¸ \¸¥¸¸‡— The Bank undertook awareness/sensitization programmes for all the branches for increasing advances to agriculture by 4.2.1 Ÿ¸í¸¤¸ÿˆÅ ¢ˆÅ¬¸¸›¸ Ç½Å¢”’ ˆÅ¸”Ä (‡Ÿ¸ˆ½Å¬¸ú¬¸ú) providing hassle free credit to farmers. ƒ¬¸ ¡¸¸½]¸›¸¸ ›¸½ ¢¨¸©¸½«¸ˆÅ£ ŠÏ¸Ÿ¸úµ¸ ®¸½°¸¸Ê Ÿ¸Ê ¥¸¸½ˆÅ¢œÏ¡¸÷¸¸ ‚¢]¸Ä÷¸ ˆÅú ]¸í¸¿ ƒ¬¸ˆÅ¸ ¬¸ûÅ¥¸÷¸¸œ¸»¨¸ÄˆÅ ‚¸¾£ ÷¸½]¸ú ¬¸½ œÏ\¸¸£ ¢ˆÅ¡¸¸ ]¸¸ £í¸ í¾. ¤¸ÿˆÅ ›¸½ ¢ˆÅ¬¸¸›¸¸Ê 4.2.1 Mahabank Kisan Credit Card (MKCC) ˆÅ¸½ ˆºÅ¥¸ 601303 ¢ˆÅ¬¸¸›¸ Ç½Å¢”’ ˆÅ¸”Ä ]¸¸£ú ¢ˆÅ‡. 31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ This scheme gained popularity especially in rural areas where ¡¸˜¸¸¦¬˜¸¢÷¸ ‡Ÿ¸ˆ½Å¬¸ú¬¸ú ¥¸¸ž¸¸¢˜¸Ä¡¸¸Ê ˆÅ¸½ †µ¸ œÏ¨¸¸í ³Å.7057 ˆÅ£¸½”õ í¸½ it is being propagated successfully and vigorously. The Bank Š¸¡¸¸. (5.47% ¨¸¼¢Ö) has issued total 601303 Kisan Credit Cards to farmers. Credit flow to MKCC beneficiaries has reached to the level of Rs.7057 4.3 ¬¸»®Ÿ¸, ¥¸‹¸º ‚¸¾£ Ÿ¸š¡¸Ÿ¸ „Ô¸Ÿ¸ (‡Ÿ¸‡¬¸‡Ÿ¸ƒÄ) Crore as on 31.03.2017 (growth of 5.47 %).

‡¬¸‡Ÿ¸ƒÄ ˆÅ¸½ ž¸¸£÷¸ú¡¸ ‚˜¸Ä¨¡¸¨¸¬˜¸¸ ˆ½Å ¢¨¸ˆÅ¸¬¸ ˆÅ¸ ‚ŠÏ™»÷¸ Ÿ¸¸›¸¸ ]¸¸÷¸¸ 4.3 Micro, Small and Medium Enterprises (MSME) í¾. ¡¸½ „Ô¸¸½Š¸ ˆÅŸ¸ ¢›¸¨¸½©¸ ¨¸¸¥¸½ „Ô¸Ÿ¸¸Ê ˆÅ¸½ œÏ¸½÷¬¸¸¢í÷¸ ˆÅ£›¸½ ‚¸¾£ ©¸í£¸Ê ˆÅú ‚¸½£ œÏ¨¸¸¬¸ ˆÅ¸½ £¸½ˆÅ›¸½ ˆ½Å ¢¥¸‡ ¬˜¸¸›¸ú¡¸ ˆÅ¸¾©¸¥¸ ‚¸¾£ œÏ¸ˆ¼Å¢÷¸ˆÅ ¬¸¿¬¸¸š¸›¸¸Ê SMEs are recognized as a major growth engine for the Indian ˆÅ¸ „œ¸¡¸¸½Š¸ ˆÅ£÷¸½ íº‡ œÏ÷¡¸®¸ ‡¨¸¿ ‚œÏ÷¡¸®¸ £¸½]¸Š¸¸£ ˆ½Å ‚¨¸¬¸£ œ¸¾™¸ ˆÅ£÷¸½ economy. They generate opportunities for direct and indirect employment by facilitating use of natural resources and local íÿ. ‚¸ˆÅ«¸ÄˆÅ ¨¸ ˆÅŸ¸ ¤¡¸¸]¸ ™£ œ¸£ ¢¨¸î¸ „œ¸¥¸¤š¸ ˆÅ£¸‡ ]¸¸÷¸½ íÿ. ¤¸ÿˆÅ ˆ½Å skills to stem the tide of migration to urban areas and promote ¨¸½¤¸¬¸¸ƒ’ œ¸£ ‚¸Á›¸ ¥¸¸ƒ›¸ œ¸»Ž÷¸¸Ž œ¸¸½’Ä¥¸ „œ¸¥¸¤š¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. low investment enterprises. Finance is made available to íŸ¸¸£½ ¤¸ÿˆÅ ›¸½ ‡Ÿ¸‡¬¸ƒÄ ˆ½Å ¢¥¸‡ ¬¸£¥¸úˆ¼Å÷¸ †µ¸ ‚¸¨¸½™›¸ ˆÅ¸½ ‚œ¸›¸¸¡¸¸ í¾ viable enterprises at an attractive and low rate of interest. On ‚¸¾£ „¬¸½ ¤¸ÿˆÅ ˆÅú ¨¸½¤¸ ¬¸¸ƒÄ’ œ¸£ œÏ™¢©¸Ä÷¸ ¢ˆÅ¡¸¸ í¾. ¤¸ÿˆÅ ›¸½ ¬¸»®Ÿ¸ ‚¸¾£ Ž¸½’½ line enquiry portal is made available on the Bank's website. „Ô¸Ÿ¸¸Ê ˆ½Å œÏ¢÷¸ ¤¸ÿˆÅ¸Ê ˆÅú œÏ¢÷¸¤¸Ö÷¸¸ ¬¸¿¢í÷¸¸ ˆÅ¸½ ž¸ú ‚œ¸›¸¸¡¸¸ í¾ ‚¸¾£ „¬¸½ Our Bank has adopted Simplified Loan Application for MSEs ¤¸ÿˆÅ ¨¸½¤¸¬¸¸ƒÄ’ œ¸£ œÏ™¢©¸Ä÷¸ ¢ˆÅ¡¸¸ í¾. and the same is displayed on the Bank's website. The Bank ¬¸»®Ÿ¸, ¥¸‹¸º ‡¨¸¿ Ÿ¸š¡¸Ÿ¸ „Ô¸Ÿ¸¸Ê (œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸ + Š¸¾£-œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸) ˆÅ¸½ has also adopted Bank's Code of Commitment to Micro and ¤¸ÿˆÅ ˆÅú „š¸¸£ú 31.03.2017 ˆÅ¸½ ²Å.20,585.22 ˆÅ£¸½”õ ˆÅú £íú. Ÿ¸¸\¸Ä, Small Enterprise and the same is displayed on the Bank's website. 2017 ˆÅ¸½ œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸ ˆ½Å ‚š¸ú›¸ ¬¸»®Ÿ¸ „Ô¸¢Ÿ¸¡¸¸Ê ˆÅ¸½ ‚¢ŠÏŸ¸ ‡‡›¸¤¸ú¬¸ú ˆÅ¸ 7.48% £í¸ ]¸¤¸¢ˆÅ ‚¸£¤¸ú‚¸ƒÄ ˆÅ¸ ¥¸®¡¸ 7.50% í¾. The Bank's lending to Micro, Small and Medium Enterprises (Priority + NP) is Rs. 20585.22 Crore as at 31.03.2017. ƒ¬¸ ¨¸Š¸Ä Ÿ¸Ê ¢¨¸î¸œ¸¸½«¸µ¸ ˆÅ¸½ ¤¸[¸¨¸¸ ™½›¸½ ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ ›¸½ ’ïˆÅ/ ¨¸¸í›¸/ œ¸¾¬¸Ê]¸£ Advances to Micro enterprises under priority are 7.48 % of ˆÅ¸£ ¢¨¸¢›¸Ÿ¸¸Ä÷¸¸‚¸Ê ˆ½Å ¬¸¸˜¸ £µ¸›¸ú¢÷¸ˆÅ Š¸“¤¸¿š¸›¸ ¢ˆÅ¡¸¸ í¾. ¢¨¸©¸½«¸ ³Åœ¸ ANBC against RBI target of 7.50 % as of March 2017. ¬¸½ ‚›¸º¬¸»¢\¸÷¸ ]¸¸¢÷¸, ‚›¸º¬¸»¢\¸÷¸ ]¸›¸]¸¸¢÷¸ ‡¨¸¿ Ÿ¸¢í¥¸¸ ¬¸¿¨¸Š¸Ä ˆ½Å ¬¸»®Ÿ¸ „Ô¸¢Ÿ¸¡¸¸Ê ˆÅú í¾µ” í¸½¦¥”¿Š¸ ‚¸¾£ „›íÊ †µ¸ ™½›¸¸ ¬¸ºŠ¸Ÿ¸ ¤¸›¸¸›¸½ ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ For promoting finance under this category, Bank has entered into strategic tie up arrangements with Truck / Vehicle / ›¸½ ž¸¸£÷¸ú¡¸ ¡¸º¨¸¸ ©¸¢Æ÷¸ ’ï¬’ ‡¨¸¿ ™½-‚¸¬¸£¸ ûÅ¸„¿”½©¸›¸ ˆ½Å ¬¸¸˜¸ ¬¸Ÿ¸^¸¸¾÷¸¸ Passenger car manufacturers. Bank has also entered ±¸¸œ¸›¸ ¢›¸«œ¸¸¢™÷¸ ¢ˆÅ¡¸¸ í¾. ¤¸ÿˆÅ ›¸½ myloanassochem.com œ¸¸½’Ä¥¸ ˆ½Å into MoU with Bharatiya Yuva Shakti Trust and de-Asra ¬¸¸˜¸ ž¸ú ž¸¸Š¸ú™¸¢£÷¸¸ ˆÅú í¾ ¢]¸¬¸¬¸½ ¥¸ú”Ã¬¸ ¢›¸¢Ÿ¸Ä÷¸ ˆÅ£›¸½ ‚¸¾£ ‡Ÿ¸‡¬¸‡Ÿ¸ƒÄ foundation for Credit facilitation and hand holding of the Micro

19 Annual Report 2016-17

ˆÅ¸½ ¢¨¸î¸ú¡¸ ¬¸í¸¡¸÷¸¸ ×¸£¸ ¤¸ÿˆÅ ˆ½Å ¢¥¸‡ „›íÊ ¨¡¸¨¸¬¸¸¡¸ Ÿ¸Ê œ¸¢£¨¸¢÷¸Ä÷¸ ˆÅ£›¸½ entrepreneurs specially under Women and SC/ST categories. Bank has also partnered with myloanassochem.com portal Ÿ¸Ê ¬¸í¸¡¸÷¸¸ ¢Ÿ¸¥¸½Š¸ú— for generating leads and converting them into business to the ‡Ÿ¸‡¬¸‡Ÿ¸ƒÄ œÏ¬÷¸¸¨¸¸Ê ˆ½Å ©¸ú‹Ï ¢›¸œ¸’¸›¸ ˆ½Å ¢¥¸‡ ¬¸ž¸ú ‚¿\¸¥¸ ˆÅ¸¡¸¸Ä¥¸¡¸¸Ê Ÿ¸Ê bank by financial assistance to MSMEs. ˆ½Å›Íú¡¸ œÏ¸½¬¸½¢¬¸¿Š¸ ˆÅ®¸ ¬˜¸¸¢œ¸÷¸ ˆÅ£ „›íÊ ¬¸ºœÏ¨¸¸¢í÷¸ ¤¸›¸¸¡¸¸ Š¸¡¸¸ í¾. Centralized Processing Cell have been set up at all Zonal 4.3.1 Ÿ¸ºÍ¸ À œÏš¸¸›¸Ÿ¸¿°¸ú Ÿ¸ºÍ¸ ¡¸¸½]¸›¸¸ (œ¸ú‡Ÿ¸‡Ÿ¸¨¸¸¡¸), ¢]¸¬¸Ÿ¸Ê Ÿ¸º‰¡¸÷¸À Offices for speedy disposal of MSME proposals. ¢¨¸¢›¸Ÿ¸¸Äµ¸, ¨¡¸¸œ¸¸£ ‡¨¸¿ ¬¸½¨¸¸‚¸Ê ¬¸½ ]¸º”õ½ íº‡ Š¸¾£-ˆ¼Å¢«¸ „Ô¸Ÿ¸ ‚¸÷¸½ íÿ ÷¸˜¸¸ ¢]¸›¸ˆÅú †µ¸ ‚¸¨¸©¡¸ˆÅ÷¸¸ ²Å.10.00 ¥¸¸‰¸ ¬¸½ ˆÅŸ¸ í¸½÷¸ú í¾. ¤¸ÿˆÅ ‚¸£¿ž¸ ¬¸½ 4.3.1 MUDRA: With the introduction of Pradhan Mantri MUDRA íú ƒ¬¸ ‰¸¿” œ¸£ ¢¨¸©¸½«¸ š¡¸¸›¸ ™½ £í¸ í¾. ƒ¬¸ ‰¸¿” ˆ½Å ‚¿÷¸Š¸Ä÷¸ ‚¸¡¸ ¢›¸Ÿ¸¸Äµ¸ Yojana (PMMY) which mainly consists of non-farm enterprises í½÷¸º ¢™‡ Š¸‡ †µ¸ œÏš¸¸›¸Ÿ¸¿°¸ú Ÿ¸ºÍ¸ ¡¸¸½]¸›¸¸ (œ¸ú‡Ÿ¸‡Ÿ¸¨¸¸¡¸) ˆ½Å ‚¿÷¸Š¸Ä÷¸ in manufacturing, trading and services whose credit needs are †µ¸ ˆÅí¥¸¸÷¸½ íÿ ÷¸˜¸¸ ÷¸™›¸º¬¸¸£ „›íÊ ›¸¸Ÿ¸¸¿¢ˆÅ÷¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. below Rs. 10.00 lakh. Bank is giving special attention to this Ÿ¸ºÍ¸ segment. Loans given to this segment for income generation 31.03.2017 ˆÅ¸½ ¤¸ÿˆÅ ›¸½ ²Å.1800.00 ˆÅ£¸½”õ ˆ½Å ¥¸®¡¸¸Ê ˆ½Å ¢¨¸²ÅÖ are known as MUDRA loans under Pradhan Mantri MUDRA œ¸ú‡Ÿ¸‡Ÿ¸¨¸¸¡¸ ˆ½Å ‚š¸ú›¸ ²Å.1732.72 ˆÅ£¸½”õ ¬¸¿¢¨¸÷¸¢£÷¸ ¢ˆÅ‡. ¤¸ÿˆÅ ›¸½ Yojana (PMMY) and branded accordingly. ¬¸£ˆÅ¸£ ×¸£¸ œ¸ú‡Ÿ¸‡Ÿ¸¨¸¸¡¸ ˆ½Å ‚š¸ú›¸ ‚¸¤¸¿¢’÷¸ ¥¸®¡¸ ˆÅ¸ 96.54% œÏ¸œ÷¸ Bank disbursed Rs 1732.72 Crore under PMMY against the ¢ˆÅ¡¸¸. target of Rs 1800.00 Crore as on 31.03.2017. Bank achieved ¤¸ÿˆÅ ›¸½ ¢™›¸¸¿ˆÅ 16.09.2015 ˆÅ¸½ Ÿ¸ºÍ¸ ˆÅ¸”Ä ˆÅ¸ ©¸ºž¸¸£¿ž¸ ¢ˆÅ¡¸¸. 96.54 % of target allotted by Government under PMMY. 31.03.2017 ÷¸ˆÅ 8281 Ÿ¸ºÍ¸ ˆÅ¸”Ä ]¸¸£ú ¢ˆÅ‡. Bank has launched MUDRA Card on 16.9.2015 and so far 4.3.2 ¬¸ú]¸ú’ú‡Ÿ¸‡¬¸ƒÄ ¡¸¸½]¸›¸¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ ©¸¸¢Ÿ¸¥¸ „Ô¸Ÿ¸ issued 8281 MUDRA Cards as on 31.3.2017 ¬¸»®Ÿ¸, ¥¸‹¸º ‡¨¸¿ Ÿ¸š¡¸Ÿ¸ „Ô¸Ÿ¸¸Ê ˆ½Å ¢¥¸‡ ž¸¸£÷¸ ¬¸£ˆÅ¸£ ˆÅú Ç½Å¢”’ Š¸¸£¿’ú 4.3.2 Coverage under CGTMSE Scheme ¢›¸¢š¸ ¡¸¸½]¸›¸¸ ˆ½Å ‚š¸ú›¸ ²Å.100.00 ¥¸¸‰¸ ÷¸ˆÅ ˆÅú †µ¸ ¬¸º¢¨¸š¸¸‚¸Ê ˆÅ¸½ Under Credit Guarantee Fund Scheme for Micro, Small and ©¸¸¢Ÿ¸¥¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾, ]¸í¸¿ ¤¸ÿˆÅ ×¸£¸ ˆÅ¸½ƒÄ ¬¸Ÿ¸˜¸ÄˆÅ œÏ¢÷¸ž¸»¢÷¸ ‡¨¸¿ ÷¸¼÷¸ú¡¸ Medium Enterprises of Government of India credit facilities up œ¸®¸ Š¸¸£¿’ú ˆÅú Ÿ¸¸¿Š¸ ›¸íú¿ ˆÅú ]¸¸÷¸ú— ƒ¬¸ ¡¸¸½]¸›¸¸ ˆ½Å ‚š¸ú›¸ ©¸¸¢Ÿ¸¥¸ ‰¸¸÷¸¸Ê to Rs.100.00 lakh are covered, wherein no collateral security ˆ½Å ‚¿÷¸Š¸Ä÷¸ ²Å.10.00 ¥¸¸‰¸ ¬¸½ ‚¢š¸ˆÅ ˆ½Å †µ¸¸Ê ˆ½Å ¢¥¸‡ 50% ¨¸¸¢«¸ÄˆÅ and third party guarantee are insisted by the Bank. For the Š¸¸£¿’ú ©¸º¥ˆÅ ˆÅ¸ ¨¸í›¸ ¤¸ÿˆÅ ×¸£¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. Ÿ¸¸\¸Ä 2017 ÷¸ˆÅ ¤¸ÿˆÅ ›¸½ accounts covered under this scheme, Bank is bearing 50% ƒ¬¸ ¡¸¸½]¸›¸¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ 25955 „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆÅ¸½ ²Å.2228.75 ˆÅ£¸½”õ ˆ½Å annual guarantee fee for loans above Rs 10.00 lakh. The Bank †µ¸ Ÿ¸¿]¸»£ ¢ˆÅ‡ íÿ. \¸¸¥¸» ¢¨¸î¸ú¡¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ †µ¸ Š¸¸¿£’ú ¢›¸¢š¸ ¡¸¸½]¸›¸¸ has sanctioned loans of Rs 2228.75 Crore to 25955 borrowers ˆ½Å ‚›÷¸Š¸Ä÷¸ ˆÅ¨¸£½]¸ 11.12% ¬¸½ ¤¸[õ¸. under this scheme up to March 2017. During the current FY, coverage under Credit Guarantee Fund Scheme has increased 4.3.3 Ÿ¸í÷¨¸œ¸»µ¸Ä ‰¸¿”¸Ê ˆÅ¸½ ¤¸ÿˆÅ ˆÅ¸ ¢¨¸Š¸¸½œ¸›¸ by 11.12%. ÇÅ. ®¸½°¸ 31.03.2017 31.03.2016 ¤¸[¸½î¸£ú ˆÅ¸ 4.3.3 Banks exposure to important segments. ¬¸¿. ˆÅ¸½ ¤¸ˆÅ¸¡¸¸ £¸¢©¸ ˆÅ¸½ ¤¸ˆÅ¸¡¸¸ £¸¢©¸ % (+/-) S Sector Oustanding as Oustanding as % of 1 ¬¸»®Ÿ¸ ¢¨¸î¸ 154.52 152.62 -0.06% N on 31.03.2017 on 31.03.2016 increase (+/-) 2 ˆÅŸ¸]¸¸½£ ¨¸Š¸Ä 12190 11006 10.76% 1 Micro Finance 154.52 152.62 -0.06% 3 ‚.]¸¸./‚.]¸.]¸¸. ¥¸¸ž¸¸˜¸úÄ 1738 1684 3.21% 2 Weaker Sector 12190 11006 10.76% 3 SC/ST beneficiaries 1738 1684 3.21% 4 2921 3037 ‚¥œ¸¬¸¿‰¡¸ˆÅ ¬¸Ÿ¸º™¸¡¸ -3.82% 4 Minority Community 2921 3037 -3.82% 5. ¤¸ÿˆÅ ˆÅú Ÿ¸í÷¨¸œ¸»µ¸Ä ¡¸¸½]¸›¸¸‡¿/œ¸¢£¡¸¸½]¸›¸¸‡¿ 5. IMPORTANT SCHEMES/ PROJECTS OF THE BANK 5.1 ¢£’½¥¸ ®¸½°¸ ˆÅ¸½ †µ¸ œÏ¨¸¸í 5.1. Credit Flow to Retail Sector ¤¸ÿˆÅ ¨¸½÷¸›¸ž¸¸½Š¸ú ¨¡¸¢Æ÷¸¡¸¸Ê, œ¸½©¸½¨¸£¸Ê, ¨¡¸¸¨¸¬¸¸¢¡¸ˆÅ¸Ê ‚¸¾£ œ¸Ê©¸›¸£¸Ê ˆÅ¸½ ‚¸¨¸¸¬¸ú¡¸ ¬¸¿œ¸¢î¸¡¸¸¿/œ¥¸¸Á’Ã¬¸ ‰¸£ú™›¸½, „¬¸ˆÅú Ÿ¸£ŸŸ¸÷¸, ›¸¨¸ú›¸úˆÅ£µ¸ í½÷¸º, The Bank is providing retail loans for salaried persons, professionals, businessmen and pensioners for purchase of „œ¸ž¸¸½Æ÷¸¸ ¨¸¬÷¸º‡¿, ™¸½/\¸¸£ œ¸¢í¡¸¸ ¨¸¸í›¸ ‰¸£ú™›¸½, ¢©¸®¸¸ í½÷¸º ‚¸¾£ ‚›¡¸ housing properties/ plots, repair/ renovation of house, purchase ¨¸¾¡¸¢Æ÷¸ˆÅ ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê í½÷¸º ¢£’½¥¸ †µ¸ „œ¸¥¸¤š¸ ˆÅ£¸ £í¸ í¾. ¤¸ÿˆÅ ˆÅ¸ of consumer durables, two/four wheeler vehicles, education ¢£’½¥¸ †µ¸ ¬¸¿¢¨¸ž¸¸Š¸ ²Å.15792.02 ˆÅ£¸½”õ ˆÅ¸ í¾. and loan for other personal needs etc. The retail loan portfolio (²Å. ˆÅ£¸½”õ Ÿ¸Ê) of the bank is Rs.15792.02 Crore. Amt. in Rs. Crore ÇÅ. ¡¸¸½]¸›¸¸ ¬¸¿¢®¸œ÷¸ ¢¨¸¨¸£µ¸ Ÿ¸¸\¸Ä 17 ˆÅ¸½ ‚›¸]¸ÄˆÅ ¬¸¿¢¨¸ž¸¸Š¸ ‚¸¦¬÷¸ % SN Scheme Brief Description Portfolio as NPA % of Mar’17 1 Ÿ¸í¸ ¬¸ºœ¸£ ‚¸¨¸¸¬¸ ®¸½°¸ Ÿ¸í÷¨¸œ¸»µ¸Ä ‰¸¿” £í¸ í¾ 13595.20 2.72 1 Maha Super Housing Housing Sector being 13595.20 2.72 ‚¸¨¸¸¬¸ †µ¸ ƒ¬¸¢¥¸‡ ¤¸ÿˆÅ ›¸½ ¬¸ž¸ú ‚¸¢˜¸ÄˆÅ ‰¸¿”¸Ê ˆÅú Loan Scheme the thrust area, Bank has various Housing Loan ¡¸¸½]¸›¸¸ ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ˆÅú œ¸»¢÷¸Ä í½÷¸º ¢¨¸¢ž¸››¸ schemes in place to meet ‚¸¨¸¸¬¸ †µ¸ ¡¸¸½]¸›¸¸‡¿ ¥¸¸Š¸» ˆÅú íÿ. the needs of all economic segments. ¤¸ÿˆÅ ``›¸‡/ ¨¸÷¸ÄŸ¸¸›¸ ‚¸¨¸¸¬¸ ˆ½Å ¢›¸Ÿ¸¸Äµ¸/ Bank offers housing loan ‰¸£ú™ú, ¨¸÷¸ÄŸ¸¸›¸ ‹¸£/ É¥¸¾’ ˆÅú for “purchase / construction Ÿ¸£ŸŸ¸÷¸/ ›¸¨¸úˆÅ£µ¸/ ÷¸¤¸™ú¥¸ú, œ¥¸¸Á’ of new / existing house / flat, repairs / renovation / ˆÅú ‰¸£ú™ú ‚¸¾£ „¬¸ œ¸£ ¢›¸Ÿ¸¸Äµ¸ ˆ½Å ¢¥¸‡ alteration of existing house ‚¸¨¸¸¬¸ †µ¸ œÏ™¸›¸ ˆÅ£÷¸¸ í¾'' / flat, purchase of plot and construction thereon”

20 Jeeef

2 Ÿ¸í¸¬¸ºœ¸£ ¤¸ÿˆÅ ›¸½ ¨¡¸¢Æ÷¸¡¸¸Ê (18 ¨¸«¸Ä ‚¸¾£ „¬¸¬¸½ 669.36 4.89 2 Maha Super Car Bank has launched scheme 669.36 4.89 Loan Scheme and for purchase of New four ˆÅ¸£ †µ¸ ‚¢š¸ˆÅ ‚¸¡¸º) ˆ½Å ¢¥¸‡ ¨¸¾¡¸¢Æ÷¸ˆÅ Mahabank vehicle Wheeler i.e. Car, Jeep, Multi ¡¸¸½]¸›¸¸ ‚¸¾£ „œ¸¡¸¸½Š¸ (¢ˆÅ£¸¡¸¸/ ¡¸¸°¸ú ‚¸¨¸¸Š¸Ÿ¸›¸ Loan scheme Utility vehicles (MUVs), Ÿ¸í¸¤¸ÿˆÅ ˆ½Å ¢¥¸‡ ›¸íú¿) ›¸‡ ûÅ¸½£ ¨íú¥¸£ ¡¸˜¸¸ SUV etc. for personal use. ¨¸¸í›¸ †µ¸ ˆÅ¸£, ]¸úœ¸, Ÿ¸¥’ú ¡¸»¢’¢¥¸’ú ¨¸½¢íˆÅ¥¸ (i.e. not for hiring/ferrying passengers) for individuals ¡¸¸½]¸›¸¸ (‡Ÿ¸¡¸»¨¸ú), ‡¬¸¡¸»¨¸ú ˆ½Å ‰¸£ú™ú ˆ½Å ¢¥¸‡ (18 years and above). ¡¸¸½]¸›¸¸ ‚¸£¿ž¸ ˆÅú. 3 Model Education Loan Bank is implementing Model 891.05 5.87 Scheme Education Loan Scheme 3 Ÿ¸¸Á”¥¸ ¢©¸®¸¸ ¤¸ÿˆÅ ‚¸ƒÄ¤¸ú‡ ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ 891.05 5.87 as per IBA guidelines †µ¸ ¡¸¸½]¸›¸¸ Ÿ¸¸Á”¥¸ ¢©¸®¸¸ †µ¸ ¡¸¸½]¸›¸¸ ˆÅ¸ and provides hassle free Education loan to all ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ˆÅ£÷¸¸ í¾ ‚¸¾£ ž¸¸£÷¸ ‚¸¾£ meritorious and deserving ¢¨¸™½©¸ Ÿ¸Ê „\\¸ ¢©¸®¸¸/ ‚š¡¸¡¸›¸ ˆ½Å ¢¥¸‡ Students (Indian National) ¬¸ž¸ú Ÿ¸½š¸¸¨¸ú ‚¸¾£ ¡¸¸½Š¡¸ ¢¨¸Ô¸¸¢˜¸Ä¡¸¸Ê for pursuing higher studies (ž¸¸£÷¸ú¡¸ £¸«’ïú¡¸) í½÷¸º ^¸¿^¸’ £¢í÷¸ /education in India and abroad ¢©¸®¸¸ †µ¸ œÏ™¸›¸ ˆÅ£÷¸¸ í¾— 4 Mahabank Top up In order to extend additional 67.72 2.00 Loan Scheme credit support to existing 4 Ÿ¸í¸¤¸ÿˆÅ ’¸Áœ¸ ¨¸÷¸ÄŸ¸¸›¸ ‚¸¨¸¸¬¸ †µ¸ „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆÅ¸½ 67.72 2.00 housing loan borrowers as ‚œ¸ †µ¸ ‚¢÷¸¢£Æ÷¸ †µ¸ ¬¸í¡¸¸½Š¸ œÏ™¸›¸ ˆÅ£›¸½ ˆ½Å well takeover of existing housing loan of other banks ¡¸¸½]¸›¸¸ ¬¸¸˜¸ íú ’¸Áœ¸ ‚œ¸ †µ¸ ˆÅú ‚¢÷¸¢£Æ÷¸ with additional facility of Top- ¬¸º¢¨¸š¸¸ ˆ½Å ¬¸¸˜¸ ‚›¡¸ ¤¸ÿˆÅ¸Ê ˆ½Å ¨¸÷¸ÄŸ¸¸›¸ up Loan, Bank has launched ‚¸¨¸¸¬¸ †µ¸¸Ê ˆÅ¸ ‚¢ž¸ŠÏíµ¸ ˆÅ£›¸½ ˆ½Å “Mahabank Top Up loan ¢¥¸‡ ¤¸ÿˆÅ ›¸½ ``Ÿ¸í¸¤¸ÿˆÅ ’¸Áœ¸ ‚œ¸ †µ¸ Scheme”. Under this scheme credit ¡¸¸½]¸›¸¸'' ˆÅ¸ ‚¸£¿ž¸ ¢ˆÅ¡¸¸ is extended for repair / ƒ¬¸ ¡¸¸½]¸›¸¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ ‚¸¨¸¸¬¸ ˆ½Å renovation / furnishing of ›¸¨¸úˆÅ£µ¸/ ¬¸]¸¸¨¸’/ Ÿ¸£ŸŸ¸÷¸ ˆ½Å ¢¥¸‡, house, children’s education, ¤¸\\¸¸Ê ˆÅú ¢©¸®¸¸, ¤¸\\¸¸Ê ˆ½Å ¢¨¸¨¸¸í, Marriage of Children, Medical treatment, buying a ¢\¸¢ˆÅ÷¬¸¸ ‰¸\¸¸½ô, ¨¸¸í›¸ ¡¸¸ í¸ƒÄ-’½ˆÅ vehicle or hi-tech gadgets Š¸¾]¸½’ ‰¸£ú™›¸½ ˆ½Å ¢¥¸‡ †µ¸ œÏ™¸›¸ ¢ˆÅ¡¸¸ etc. ]¸¸÷¸¸ í¾. 5 Mahabank Gold Loan With a view to tap the 96.58 2.80 Scheme potential of gold loans as a lucrative asset and to cater 5 Ÿ¸í¸¤¸ÿˆÅ ‚¸ˆÅ«¸ÄˆÅ ‚¸¦¬÷¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ¬¨¸µ¸Ä †µ¸ 96.58 2.80 to the needs of meeting other personal expenses, ¬¨¸µ¸Ä †µ¸ ˆÅú ¬¸¿ž¸¸¨¸›¸¸‚¸Ê ˆÅ¸ ¥¸¸ž¸ „“¸›¸½ ‚¸¾£ whatsoever which include ¡¸¸½]¸›¸¸ ‚›¡¸ ¨¸¾¡¸¢Æ÷¸ˆÅ ‰¸\¸¸½ô ¢]¸¬¸Ÿ¸Ê ¢¨¸¨¸¸í, personal expenditure of „\\¸ ¢©¸®¸¸, ¢\¸¢ˆÅ÷¬¸¸ ‚¸ˆÅ¦¬Ÿ¸ˆÅ÷¸¸‚¸Ê, varied needs like marriage, ¨¡¸¨¸¬¸¸¡¸ ¡¸¸°¸¸ ƒ÷¡¸¸¢™ ]¸¾¬¸ú ¢¨¸¢ž¸››¸ higher education, medical emergencies, business ‚¸¨¸©¡¸ˆÅ÷¸¸‡¿ ©¸¸¢Ÿ¸¥¸ í¾, ˆÅú œ¸»¢÷¸Ä ˆ½Å travel etc, Bank has ¢¥¸‡ ¤¸ÿˆÅ ›¸½ ¢™›¸¸¿ˆÅ 26.09.2014 ¬¸½ launched a retail loan œÏž¸¸¨¸ú ¢£’½¥¸ †µ¸ „÷œ¸¸™ "Ÿ¸í¸¤¸ÿˆÅ product as “Mahabank ¬¨¸µ¸Ä †µ¸ ¡¸¸½]¸›¸¸" ‚¸£¿ž¸ ¢ˆÅ¡¸¸ í¾. Gold Loan Scheme” w.e.f. 26.09.2014. 6 Ÿ¸í¸¤¸ÿˆÅ íŸ¸¸£½ ¨¸÷¸ÄŸ¸¸›¸ œ¸Ê©¸›¸ ‰¸¸÷¸¸š¸¸£ˆÅ¸Ê ˆÅ¸½ 283.21 0.68 6 Mahabank Aadhar To cater to the needs 283.21 0.68 ‚¸š¸¸£ †µ¸ „›¸ˆ½Å ¨¸¾¡¸¢Æ÷¸ˆÅ ‰¸\¸¸½ô, š¸¸¢Ÿ¸ÄˆÅ ¡¸¸°¸¸‚¸Ê, Loan Scheme of our existing pension ¡¸¸½]¸›¸¸ ¢\¸¢ˆÅ÷¬¸¸, ‹¸£½¥¸» ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê account holders in meeting their personal expenses, ƒ÷¡¸¸¢™ ˆÅú œ¸»¢÷¸Ä ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ ›¸½ pilgrimage, medical, ``Ÿ¸í¸¤¸ÿˆÅ ‚¸š¸¸£ †µ¸ ¡¸¸½]¸›¸¸'' ˆÅ¸ domestic needs etc. Bank œ¸º›¸À‚¸£¿ž¸ ¢ˆÅ¡¸¸. has re-launched “Mahabank Aadhar Loan Scheme”. 5.2 †µ¸¸Ê ˆÅ¸ ˆÊÅÍúˆ¼Å÷¸ œÏ¬¸¿¬ˆÅ£µ¸ 5.2 Centralized Processing of loans ¤¸ÿˆÅ ›¸½ ‚œ¸›¸½ ¬¸ž¸ú 33 ‚¿\¸¥¸¸Ê Ÿ¸Ê ‰¸º™£¸/ ¨¸¸¢µ¸¦]¡¸ˆÅ ‚¢ŠÏŸ¸¸Ê í½÷¸º ˆÊÅÍúˆ¼Å÷¸ œÏ¬¸¿¬ˆÅ£µ¸ ˆÅ®¸¸Ê ˆÅú ¬˜¸¸œ¸›¸¸ ˆÅú í¾ ¢]¸¬¸¬¸½ †µ¸ ˆÅ¸ ^¸¿^¸’ £¢í÷¸ ¢¨¸÷¸£µ¸ ‡¨¸¿ Bank has established Centralized Processing Cells for retail / commercial advances at all its 33 Zones for hassle free & due ¬¸Ÿ¸º¢\¸÷¸ ¬¸¸¨¸š¸¸›¸ú ¬¸º¢›¸¢ä¸÷¸ í¸½Š¸ú ‚¸¾£ ’›¸Ä ‚£¸„¿” ’¸ƒŸ¸ Ÿ¸Ê ¬¸ºš¸¸£ í¸½Š¸¸. diligence of loans with aim to improve turn around time.

5.3 ×¸£ œ¸£ (”¸½‚£ ¬’½œ¸) ¤¸ÿ¢ˆ¿ÅŠ¸ ¬¸½¨¸¸‡¿ 5.3 Door Step Banking Services ¤¸ÿˆÅ ›¸½ „\\¸ Ÿ¸»¥¡¸ ¨¸¸¥¸½ ‚œ¸›¸½ ŠÏ¸íˆÅ¸Ê ˆ½Å ¢¥¸‡ ×¸£ œ¸£ ¤¸ÿ¢ˆ¿ÅŠ¸ ¬¸½¨¸¸‡¿ Bank has introduced Door Step Banking Services for its High ‚¸£¿ž¸ ˆÅú í¾ ÷¸˜¸¸ ƒ›¸ ¬¸½¨¸¸‚¸Ê ˆ½Å ‚¿÷¸Š¸Ä÷¸ ŠÏ¸íˆÅ ˆ½Å ×¸£ œ¸£ ¢›¸Š¸¢Ÿ¸÷¸ ‡¨¸¿ End Customers and the services include Corporate and Retail ‰¸º™£¸ ›¸ˆÅ™ œÏ¸¦œ÷¸ (¢œ¸ˆÅ ‚œ¸) ÷¸˜¸¸ ¬¸ºœ¸º™ÄŠ¸ú ‡¨¸¿ \¸½ˆÅ ¬¸¿ŠÏíµ¸ ¬¸½¨¸¸‡¿ Cash pickup and delivery & Cheque Collection Services, at ©¸¸¢Ÿ¸¥¸ íÿ. Clients Doorstep.

21 Annual Report 2016-17

5.4 ¤¸ú‚¸½‡Ÿ¸ ‡¬¸¤¸ú‚¸ƒÄ ‚¿÷¸£¸Ä«’ïú¡¸ Ç½Å¢”’ ˆÅ¸”Ä 5.4 BOM SBI International Credit Card • • ¤¸ú‚¸½‡Ÿ¸-‡¬¸¤¸ú‚¸ƒÄ ˆÅ¸”Ä ˆÅ¸ ‚¸š¸¸£ 50064 í¾. • The BOM-SBI card base is 50064 • • ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ‡¬¸¤¸ú‚¸ƒÄ ˆÅ¸”Ä ¬¸½ ˆÅŸ¸ú©¸›¸ ˆ½Å ³Åœ¸ Ÿ¸Ê • The commission received from SBI Card is Rs. 83.00 ²Å.83.00 ¥¸¸‰¸ œÏ¸œ÷¸ íº‡. Lakhs during the year 2016-17. 5.13 ¨¸¾ˆÅ¦¥œ¸ˆÅ ¨¡¸¨¸¬¸¸¡¸ Ÿ¸¸š¡¸Ÿ¸ 5.13 ALTERNATE DELIVERY CHANNELS 5.13.1 ƒ¿’£›¸½’/‡¬¸‡Ÿ¸‡¬¸/ûÅ¸½›¸ ¤¸ÿ¢ˆ¿ÅŠ¸ 5.13.1 INTERNET /SMS/Phone Banking ¢œ¸Ž¥¸½ ¨¸«¸Ä ˆÅú ÷¸º¥¸›¸¸ Ÿ¸Ê ¤¸ÿˆÅ ›¸½ ƒ¿’£›¸½’ ¤¸ÿ¢ˆ¿ÅŠ¸ Ÿ¸Ê 28%, ûÅ¸½›¸ ¤¸ÿ¢ˆ¿ÅŠ¸ Ÿ¸Ê Bank could achieved an increase of 28% in Internet Banking, 31% in Phone Banking and 33% in SMS banking over the 31% ‡¨¸¿ ‡¬¸‡Ÿ¸‡¬¸ ¤¸ÿ¢ˆ¿ÅŠ¸ Ÿ¸Ê 33% ˆÅú ¨¸¼¢Ö í¸¢¬¸¥¸ ˆÅú íÿ. previous year. ‚¸ƒÄ¤¸ú‡›¸ „œ¸¡¸¸½Š¸ˆÅ÷¸¸Ä‚¸Ê ˆ½Å ¢¥¸‡ Ÿ¸í¸¢¬¸Æ¡¸¸½£ ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ¬¸½ ¥¸Š¸¸÷¸¸£ With continuous follow up and increase in net security through ‚›¸º¨¸÷¸Ä›¸ ‡¨¸¿ ›¸½’ ¬¸º£®¸¸ Ÿ¸Ê ¨¸¼¢Ö ˆ½Å ûÅ¥¸¬¨¸²Åœ¸ „œ¸¡¸¸½Š¸ˆÅ÷¸¸Ä‚¸Ê ˆÅú the Mahasecure for IBN users, substantial rise in users/online ¬¸¿‰¡¸¸/ ‚¸Á›¸¥¸¸ƒÄ›¸ ¥¸½›¸™½›¸ Ÿ¸Ê „¥¥¸½‰¸›¸ú¡¸ ¨¸¼¢Ö í¸½›¸½ ˆÅú ‚œ¸½®¸¸ í¾. transactions is expected.

5.13.2 Ÿ¸¸½¤¸¸ƒ¥¸ ¤¸ÿ¢ˆ¿ÅŠ¸ À 5.13.2 MOBILE BANKING • • œ¸¿]¸úˆÅ£µ¸ Ÿ¸Ê ¨¸¼¢Ö í½÷¸º Ÿ¸í¸Ÿ¸¸½¤¸¸ƒ¥¸ ˆÅ¸¡¸Ä œÏµ¸¸¥¸ú ˆÅ¸½ ŠÏ¸íˆÅ „›Ÿ¸º‰¸ • Maha Mobile functionality has been customized and ‡¨¸¿ ¬¸£¥¸úˆ¼Å÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. simplified for increasing the enrolments. • • ƒ¿’£›¸½’ ¤¸ÿ¢ˆ¿ÅŠ¸ ‡¨¸¿ ›¸ƒÄ Ÿ¸í¸Ÿ¸¸½¤¸¸ƒ¥¸ ˆÅ¸¡¸ÄœÏµ¸¸¥¸ú œ¸£ „œ¸¡¸¸½Š¸ˆÅ÷¸¸Ä • A user manual on Internet Banking & New Maha Ÿ¸¾›¸º‚¥¸ ÷¸¾¡¸¸£ ˆÅ£ ¬¸ž¸ú ûÅú¥” ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅ¸½ ÷¸÷ˆÅ¸¥¸ ¬¸¿™ž¸Ä ÷¸˜¸¸ Mobile functionality is prepared & sent to field staff for œÏ¸¾™¡¸¸½¢Š¸ˆÅú ‚¸š¸¸¢£÷¸ „÷œ¸¸™¸½¿ ˆ½Å ¢¨¸œ¸µ¸›¸ í½÷¸º ž¸½]¸¸ Š¸¡¸¸ í¾. ready reference & marketing of the technology based • • Ÿ¸¸í ¢™¬¸¿¤¸£ 2015 Ÿ¸Ê ¤¸ÿˆÅ ›¸½ `Ÿ¸í¸ Ÿ¸¸½¤¸¸ƒ¥¸ ‡½œ¸' ˆÅ¸½ ”¸…›¸¥¸¸½” products. ˆÅ£›¸½ œ¸£ ©¸¸‰¸¸ ¬¸™¬¡¸¸Ê ˆ½Å ¢¥¸‡ œÏ¸½÷¬¸¸í›¸ ‡¨¸¿ ŠÏ¸íˆÅ¸Ê ˆ½Å ¢¥¸‡ ˆ¾Å©¸ • Bank has introduced an Incentive schemes for Branch ¤¸¾ˆÅ ‚¸ÁûÅ£ ¡¸¸½]¸›¸¸‚¸Ê ˆÅ¸ ‚¸£¿ž¸ ¢ˆÅ¡¸¸ í¾. staff & Cash Back Offer to customers for Downloading • • Ÿ¸¸í ¢™¬¸¿¤¸£ 2015 Ÿ¸Ê `Ÿ¸í¸ Ÿ¸¸½¤¸¸ƒ¥¸ ‡½œ¸'ˆÅú ¬¸¿‰¡¸¸ Ÿ¸Ê 15744 ˆÅú “Maha Mobile App” in the month of December 2015 ¨¸¼¢Ö íºƒÄ í¾. • Maha Mobile App has been increased by 15744 nos. in • • ¨¸÷¸ÄŸ¸¸›¸ Ÿ¸Ê 112210 Ÿ¸¸½¤¸¸ƒÄ¥¸ ¤¸ÿ¢ˆ¿ÅŠ¸ „œ¸¡¸¸½Š¸ˆÅ÷¸¸Ä íÿ. the month of December 2015. 5.14 Š¸“]¸¸½”õ • Presently, there are 112210 Mobile Banking users. 5.14.1 ž¸ºŠ¸÷¸¸›¸ Š¸½’¨¸½ ¬¸½¨¸¸‡¿ 5.14 Tie Ups • • ¨¸÷¸ÄŸ¸¸›¸ Ÿ¸Ê íŸ¸¸£½ ‚¸Á›¸¥¸¸ƒÄ›¸ ‡¢ŠÏŠ¸½’£¸Ê ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ¬¸½ íŸ¸ ‚œ¸›¸½ ¬¸ž¸ú 5.14.1 Payment Gateway Services: ŠÏ¸íˆÅ¸Ê ˆÅ¸½ ž¸ºŠ¸÷¸¸›¸ Š¸½’¨¸½ ¬¸º¢¨¸š¸¸ œÏ™¸›¸ ˆÅ£ £í½ íÿ. • Presently we are providing the facility of Payment • • íŸ¸›¸½ ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ‡¢ŠÏŠ¸½’£¸Ê ˆ½Å ¬¸¸˜¸ Š¸“]¸¸½”õ ¨¡¸¨¸¬˜¸¸ ˆÅú í¾À Gateway to all our customers through our online aggregators. ‚›¸º. ¤¡¸¸½£¸ ‚›¸º. ¤¡¸¸½£¸ • We have made tie up arrangement with following 1 Ÿ¸½. ‡’Ÿ¸ ’½Æ›¸¸½¥¸¸Á]¸ú¬¸ 7 Ÿ¸½. ¬¸ú¬¸ú ‡¨í½›¡¸»]¸ aggregators 2 Ÿ¸½. ¢¤¸¥¸ ”½¬ˆÅ 8 Ÿ¸½. ¢¬¸’ï¬¸ œ¸½Ÿ¸Ê’ ¬¸¸½¥¡¸»©¸›¬¸ Sr Particular Sr Particular œÏ¸. ¢¥¸. 1 M/s Atom Technologies 7 M/s CC Avenues 3 Ÿ¸½. ƒÄ¤¸ú‡¬¸ ¬¸¸½¥¡¸»©¸›¬¸ 9 Ÿ¸½. œ¸½’ú‡Ÿ¸ 2 M/s BILL DESK 8 M/s Citrus Payment ¢¥¸¢Ÿ¸’½” Solutions Pvt Ltd 4 Ÿ¸½. ‚¸ƒÄ¤¸ú¤¸¸½ ¡¸˜¸¸ 10 Ÿ¸½. ’½ˆÅœÏ¸½¬¸½¬¸ œ¸½Ÿ¸Ê’¬¸ 3 M/s EBS solutions 9 M/s PayTm œ¸ú‡¨¸¸¡¸¡¸» ¬¸¸½¥¡¸»©¸›¬¸ limited 4 M/s Ibibo i.e. PAYU 10 M/s Techprocess payment 5 Ÿ¸½. ’¸ƒÄŸ¬¸‚¸ÁûÅŸ¸›¸ú 11 Ÿ¸½. ‡¬¸¤¸ú‚¸ƒÄ ƒÄ œ¸½ Solutions ¢¥¸¢Ÿ¸’½” 5 M/s TimesofMoney 11 M/s SBI e pay 6 Ÿ¸½. ‡¡¸£œ¸½ 12 Ÿ¸½. ‡ûÅ‡¬¸‡¬¸ œ¸½Ÿ¸Ê’Ã¬¸ Limited ¬¸¸½¥¡¸»©¸›¬¸ 6 M/s Airpay 12 FSS Payment Solutions 5.14.2 `£½¢Ÿ¸’2ƒ¿¢”¡¸¸' ¬¸º¢¨¸š¸¸ 5.14.2 ‘Remit2india’ facility • • `£½¢Ÿ¸’2ƒ¿¢”¡¸¸' ¨¸¾¤¸ ‚¸š¸¸¢£÷¸ ¨¡¸¢Æ÷¸ ¬¸½ ¨¡¸¢Æ÷¸ š¸›¸ ‚¿÷¸£µ¸ • “Remit2India” is a web-based, person to person money œÏµ¸¸¥¸ú í¾ ]¸¸½ ¨¡¸¢Æ÷¸¡¸¸Ê, ¢¨¸©¸½«¸÷¸À íŸ¸¸£½ ‚¢›¸¨¸¸¬¸ú ]¸Ÿ¸¸ˆÅ÷¸¸Ä‚¸Ê ˆÅ¸½ transfer system that allows individuals particularly our ¢¨¸™½©¸ú Ÿ¸ºÍ¸ £ˆÅŸ¸ ˆ½Å ¢¨¸œÏ½«¸µ¸ ‡¨¸¿ ž¸¸£÷¸ Ÿ¸Ê ¥¸¸ž¸¸˜¸úÄ ˆ½Å ‰¸¸÷¸½ Ÿ¸Ê ]¸Ÿ¸¸ Non-Resident Depositors to remit foreign currency ˆÅú ¬¸º¢¨¸š¸¸ œÏ™¸›¸ ˆÅ£÷¸¸ í¾. amount for credit to the Beneficiary account in India. • • ¡¸Ô¸¢œ¸ ƒ¬¸ „÷œ¸¸™ Ÿ¸Ê ‚¸¡¸ ¤¸íº÷¸ ˆÅŸ¸ í¾ ÷¸˜¸¸¢œ¸ ¡¸í ¬¸º¢¨¸š¸¸ /¬¸½¨¸¸ • Although the income is very less in this product but is facility/Services which we may be useful to attract NRI ‡›¸‚¸£‚¸ƒÄ ŠÏ¸íˆÅ¸Ê ˆÅ¸½ ‚¸ˆÅ¢«¸Ä÷¸ ˆÅ£›¸½ Ÿ¸Ê „œ¸¡¸¸½Š¸ú í¾. customers.

6. ¢›¸Š¸¢Ÿ¸÷¸ ¬¸¸Ÿ¸¸¢]¸ˆÅ ™¸¢¡¸÷¨¸ À 6. CORPORATE SOCIAL RESPONSIBILITY ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ×¸£¸ œ¸ºµ¸½ ¢]¸¥¸½ ˆ½Å í”õœ¸¬¸£ ‚¸¾£ ¢ž¸Š¸¨¸µ¸ Ÿ¸Ê ¦¬˜¸÷¸ ŠÏ¸Ÿ¸úµ¸ ¢¨¸ˆÅ¸¬¸ ˆÊÅÍ¸Ê ×¸£¸ ¢ˆÅ¬¸¸›¸¸Ê ˆ½Å ¥¸¸ž¸¸˜¸Ä ¨¸Ÿ¸úÄ ˆ¿Åœ¸¸½]”, ‰¸¸£ú The Rural Development Centers at Hadapsar- Pune and Bhigwan in Pune District of Maharashtra have been ¢Ÿ¸’Ã’ú ˆÅ¸ œ¸º›¸¢¨¸ÄˆÅ¸¬¸, ¢Ÿ¸’Ã’ú ˆÅú ]¸¸¿\¸ ƒ÷¡¸¸¢™ ]¸¾¬¸ú ¢¨¸¢ž¸››¸ œÏˆÅ¸£ undertaking various rural developmental activities for the

22 Jeeef

ˆÅú ¢¨¸ˆÅ¸¬¸¸÷Ÿ¸ˆÅ Š¸¢÷¸¢¨¸¢š¸¡¸¸¿ \¸¥¸¸ƒÄ ]¸¸÷¸ú íÿ. ¤¸ÿˆÅ ›¸½ ŠÏ¸Ÿ¸úµ¸ ¢¨¸ˆÅ¸¬¸ benefit of farmers’ viz. Vermi compost, Re-development of Saline Soils, Soil Testing etc. Bank has established Soil testing ˆÊÅÍ (‚¸£”ú¬¸ú) ¢ž¸Š¸¨¸µ¸ Ÿ¸Ê Ÿ¸¸”½ÄûÅ ’ï¬’ ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ¬¸½ ¢Ÿ¸’Ã’ú ]¸¸¿\¸ lab (STL) through MARDEF Trust at RDC Bhigwan. The Soil œÏ¡¸¸½Š¸©¸¸¥¸¸ (‡¬¸’ú‡¥¸) ¬˜¸¸¢œ¸÷¸ ˆÅú í¾. ¨¸«¸Ä 2016-17 Ÿ¸Ê ¢Ÿ¸’Ã’ú Testing Laboratory has analyzed 7007 Soil and Water samples œ¸£ú®¸µ¸ œÏ¡¸¸½Š¸©¸¸¥¸¸ Ÿ¸Ê 7007 ¢Ÿ¸’Ã’ú ÷¸˜¸¸ ]¸¥¸ ›¸Ÿ¸»›¸¸Ê ˆÅ¸ œ¸£ú®¸µ¸ ¢ˆÅ¡¸¸ in the year 2016-17 and accordingly counseling is done. Š¸¡¸¸ ‚¸¾£ ÷¸™›¸º¬¸¸£ œ¸£¸Ÿ¸©¸Ä ¢™¡¸¸ Š¸¡¸¸. œ¸ºµ¸½, ‚íŸ¸™›¸Š¸£, ¬¸¸½¥¸¸œ¸º£ ‚¸¾£ Farmers from the districts of Pune, Ahmednagar, Sholapur and ¬¸¸÷¸¸£¸ ¢]¸¥¸¸Ê ˆ½Å ¢ˆÅ¬¸¸›¸ ƒ¬¸ œÏ¡¸¸½Š¸©¸¸¥¸¸ ˆÅ¸ ¥¸¸ž¸ „“¸ £í½ íÿ. Satara are taking benefit of the lab. ¤¸ÿˆÅ ×¸£¸ ¬˜¸¸¢œ¸÷¸ Ÿ¸í¸¤¸ÿˆÅ ˆ¼Å¢«¸ ‚›¸º¬¸¿š¸¸›¸ ‚¸¾£ ŠÏ¸Ÿ¸úµ¸ ¢¨¸ˆÅ¸¬¸ ûÅ¸„¿”½©¸›¸ A Trust viz. Mahabank Agricultural Research and Rural (Ÿ¸¸£”½ûÅ) ›¸¸Ÿ¸ˆÅ ›¡¸¸¬¸ ¢¨¸¢ž¸››¸ œÏˆÅ¸£ ˆ½Å ŠÏ¸Ÿ¸úµ¸ ¬¸ºš¸¸£ ˆÅ¸¡¸ÄÇÅŸ¸ ‚¸¾£ Development Foundation (MARDEF) established by the bank, undertakes various projects and village improvement œ¸¢£¡¸¸½]¸›¸¸‡¿ \¸¥¸¸÷¸¸ í¾. Ÿ¸¸£”½ûÅ ˆ¼Å¢«¸ ˆ½Å ¢¨¸¢ž¸››¸ ¢¨¸«¸¡¸¸Ê œ¸£ ¢ˆÅ¬¸¸›¸¸Ê programmes. MARDEF is imparting training to farmers ˆÅ¸½ œÏ¢©¸®¸µ¸ ™½÷¸¸ í¾. Ÿ¸¸”½ÄûÅ ’ï¬’ ›¸½ ŠÏ¸Ÿ¸úµ¸ ¢¨¸ˆÅ¸¬¸ ˆÊÅÍ (‚¸£”ú¬¸ú), on various subjects in Agriculture. Trust has implemented ¢ž¸Š¸¨¸µ¸ ‚¸¾£ í”õœ¸¬¸£ ˆ½Å ¢ˆÅ¬¸¸›¸¸Ê í½÷¸º 94 œÏ¢©¸®¸µ¸ ˆÅ¸¡¸ÄÇÅŸ¸ ˆÅ¸¡¸¸Ä¦›¨¸÷¸ 94 training programmes for farmers at RDC Bhigwan and ¢ˆÅ‡ ÷¸˜¸¸ ‚œÏ¾¥¸ 2016 ¬¸½ Ÿ¸¸\¸Ä 2017 ÷¸ˆÅ 3245 ¢ˆÅ¬¸¸›¸ ¥¸¸ž¸¸¦›¨¸÷¸ Hadapsar and has benefited 3,245 farmers from April 2016 to íº‡. March, 2017. ¤¸ÿˆÅ ›¸½ ŠÏ¸Ÿ¸úµ¸ ¡¸º¨¸¸‚¸Ê ÷¸˜¸¸ Ÿ¸¢í¥¸¸‚¸Ê ˆÅ¸½ Ž¸½’½ ¨¡¸¨¸¬¸¸¢¡¸ˆÅ „Ô¸Ÿ¸¸Ê The Bank has established Seven Mahabank Self Employment Training Institutes (MSETI) for providing training to rural youth ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ¬¸½ ¬¨¸£¸½]¸Š¸¸£ í½÷¸º ˆÅ¸¾©¸¥¸ ‚]¸Ä›¸ ˆÅ£›¸½ í½÷¸º œÏ¢©¸®¸µ¸ ™½›¸½ and women to enable them to acquire skills for self-employment ˆ½Å ¢¥¸‡ ¬¸¸÷¸ Ÿ¸í¸¤¸ÿˆÅ ¬¨¸£¸½]¸Š¸¸£ œÏ¢©¸®¸µ¸ ¬¸¿¬˜¸¸›¸¸Ê (‡Ÿ¸-¬¸½’ú) ˆÅú through small business enterprises. The Institute has centers ¬˜¸¸œ¸›¸¸ ˆÅú í¾. ¬¸¿¬˜¸¸›¸ ˆ½Å œ¸ºµ¸½, ›¸¸Š¸œ¸º£, ‚¸¾£¿Š¸¸¤¸¸™, ‚Ÿ¸£¸¨¸÷¸ú, ]¸¸¥¸›¸¸, located at Pune, Nagpur, Aurangabad, Amravati Jalna, Thane “¸µ¸½ ÷¸˜¸¸ ›¸¸¢©¸ˆÅ Ÿ¸Ê œÏ¢©¸®¸µ¸ ˆÊÅÍ íÿ. ¬¸¿¬˜¸¸›¸ ›¸½ ‚¤¸ ÷¸ˆÅ 26801 and Nasik. The Institute has so far imparted training to 26801 ¢©¸¢®¸÷¸ ¤¸½£¸½]¸Š¸¸£ ¡¸º¨¸¸‚¸Ê ˆÅ¸½ œÏ¢©¸®¸µ¸ œÏ™¸›¸ ¢ˆÅ¡¸¸ í¾. ¬¸½’¥¸Ÿ¸Ê’ ™£ 65 educated unemployed youths. The settlement rate is 65 per œÏ¢÷¸©¸÷¸ í¾. cent. Gramin Mahila Va Balak Vikas Mandal (GMVBVM), an NGO ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ‚¸¾£ £¸«’ïú¡¸ ¤¸ÿˆÅ œÏ¤¸¿š¸›¸ ¬¸¿¬˜¸¸›¸ ×¸£¸ Š¸¢“÷¸ ŠÏ¸Ÿ¸úµ¸ formed by Bank of Maharashtra and National Institute of Ÿ¸¢í¥¸¸ ¨¸ ¤¸¸¥¸ ¢¨¸ˆÅ¸¬¸ Ÿ¸¿”¥¸ (]¸ú‡Ÿ¸¨¸ú¤¸ú¨¸ú‡Ÿ¸) ‡ˆÅ Š¸¾£ ¬¸£ˆÅ¸£ú Bank Management is actively involved in formation, nurturing, ¬¸¿Š¸“›¸ í¾. ¡¸í ¬¸¿Š¸“›¸ ¬¨¸-¬¸í¸¡¸÷¸¸ ¬¸Ÿ¸»í¸Ê ˆ½Å Š¸“›¸, œ¸¸½«¸µ¸, œÏ¢©¸®¸µ¸ training and ensuring linkage of SHGs to Bank Credit. ‚¸¾£ „›íÊ ¤¸ÿˆÅ †µ¸ ¬¸½ ¬¸Ÿ¤¸Ö ˆÅ£›¸½ ˆÅ¸ ˆÅ¸¡¸Ä ¬¸¢ÇÅ¡¸ ³Åœ¸ ¬¸½ ˆÅ£ £í¸ í¾. The Bank has opened Financial Literacy Centers in Six Lead ¤¸ÿˆÅ ›¸½ ¤¸ÿ¢ˆ¿ÅŠ¸ ¡¸¸½]¸›¸¸‚¸Ê ˆ½Å ¤¸¸£½ Ÿ¸Ê ]¸¸Š¸³ÅˆÅ÷¸¸ „÷œ¸››¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ Ží Districts namely Pune, Nasik, Aurangabad, Satara, Jalna and ‚ŠÏµ¸ú ¢]¸¥¸¸Ê ¡¸˜¸¸ œ¸ºµ¸½, ›¸¸¢©¸ˆÅ, ‚¸¾£¿Š¸¸¤¸¸™, ¬¸¸÷¸¸£¸, ]¸¸¥¸›¸¸ ¨¸ “¸µ¸½ Ÿ¸Ê Thane for creating awareness about banking schemes. ¢¨¸î¸ú¡¸ ¬¸¸®¸£÷¸¸ ˆ½Å›Í¸Ê ˆÅ¸ ©¸ºž¸¸£¿ž¸ ¢ˆÅ¡¸¸ í¾. 7. LEAD BANK SCHEME 7. ‚ŠÏµ¸ú ¤¸ÿˆÅ ¡¸¸½]¸›¸¸ 7.1 Lead Bank Scheme The Bank has Lead Bank responsibility in seven districts of 7.1 ‚ŠÏµ¸ú ¤¸ÿˆÅ ¡¸¸½]¸›¸¸ Maharashtra State viz. Aurangabad, Jalna, Nasik, Palghar, Ÿ¸í¸£¸«’ï £¸]¡¸ ˆ½Å ¬¸¸÷¸ ¢]¸¥¸¸Ê ¡¸˜¸¸ ‚¸¾£¿Š¸¸¤¸¸™, ]¸¸¥¸›¸¸, ›¸¸¢©¸ˆÅ, œ¸ºµ¸½, Pune, Satara and Thane. Every year district credit plans for the ¬¸¸÷¸¸£¸, “¸µ¸½ ¨¸ œ¸¸¥¸‹¸£ Ÿ¸Ê ‚ŠÏµ¸ú ¤¸ÿˆÅ ˆÅ¸ „î¸£™¸¢¡¸÷¨¸ ¤¸ÿˆÅ ˆ½Å œ¸¸¬¸ í¾. districts are prepared and implemented with the cooperation of œÏ÷¡¸½ˆÅ ¨¸«¸Ä ‚›¡¸ ¤¸ÿˆÅ¸Ê ‚¸¾£ ¬¸¿¤¸¿¢š¸÷¸ ¢]¸¥¸½ ˆ½Å ¢]¸¥¸¸š¸ú©¸ ˆ½Å ¬¸í¡¸¸½Š¸ ¬¸½ other banks as well as in coordination with District Collectors of ¤¸ÿˆÅ ¢]¸¥¸¸ †µ¸ ¡¸¸½]¸›¸¸ ¤¸›¸¸ˆÅ£ ˆÅ¸¡¸¸Ä¦›¨¸÷¸ ˆÅ£÷¸¸ í¾. respective Districts. 7.2 State Level Bankers’ Committee 7.2 £¸]¡¸ ¬÷¸£ú¡¸ ¤¸ÿˆÅ£ ¬¸¢Ÿ¸¢÷¸ The Bank is the Convenor of State Level bankers’ Committee ¤¸ÿˆÅ, Ÿ¸í¸£¸«’ï £¸]¡¸ Ÿ¸Ê £¸]¡¸ ¬÷¸£ú¡¸ ¤¸ÿˆÅ£ ¬¸¢Ÿ¸¢÷¸ (‡¬¸‡¥¸¤¸ú¬¸ú) ˆÅ¸ (SLBC) for the State of Maharashtra and prepares State Annual ¬¸¿¡¸¸½]¸ˆÅ í¾ ‚¸¾£ £¸]¡¸ ˆÅú ¨¸¸¢«¸ÄˆÅ †µ¸ ¡¸¸½]¸›¸¸ ¤¸›¸¸÷¸¸ í¾. ¨¸«¸Ä 2016-17 Credit Plan. The plan for the year 2016-17 was for Rs.1,86,620/- ˆ½Å ¢¥¸‡ ¡¸¸½]¸›¸¸ ²Å.1,86,620/- ˆÅ£¸½”õ ˆÅú ˜¸ú ]¸¸½ ™½©¸ Ÿ¸Ê ¬¸¤¸¬¸½ ¤¸”õú ˜¸ú. crore which is highest in the country. The same was approved Ÿ¸í¸£¸«’ï ˆ½Å Ÿ¸¸›¸›¸ú¡¸ Ÿ¸º‰¡¸Ÿ¸¿°¸ú ˆÅú ‚š¡¸®¸÷¸¸ Ÿ¸Ê ¬¸¿œ¸››¸ ¢¨¸©¸½«¸ ¤¸¾“ˆÅ Ÿ¸Ê in a special meeting held under the Chairmanship of Hon’ble ¡¸¸½]¸›¸¸ ˆÅ¸ ‚›¸ºŸ¸¸½™›¸ íº‚¸ ˜¸¸. £¸]¡¸ ¨¸¸¢«¸ÄˆÅ †µ¸ ¡¸¸½]¸›¸¸, œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸ ®¸½°¸ Chief Minister of Maharashtra. SLBC also ensures holding of ˆÅú „š¸¸£ú ‚¸¾£ £¸]¡¸ Ÿ¸Ê ¬¸£ˆÅ¸£ ×¸£¸ œÏ¸¡¸¸½¢]¸÷¸ ¡¸¸½]¸›¸¸‚¸Ê ˆ½Å ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ quarterly meetings regularly to oversee the implementation of State Annual Credit Plans, priority sector lending and Govt. ˆÅú ¢›¸Š¸£¸›¸ú ˆ½Å ¢¥¸‡ ¢›¸¡¸¢Ÿ¸÷¸ ¢÷¸Ÿ¸¸íú ¤¸¾“ˆÅ¸Ê ˆÅ¸ ‚¸¡¸¸½]¸›¸ ž¸ú £¸]¡¸ sponsored schemes in the State. Apart from regular SLBC ¬÷¸£ú¡¸ ¤¸ÿˆÅ£ ¬¸¢Ÿ¸¢÷¸ ˆÅ£÷¸ú í¾. £¸]¡¸ ¬÷¸£ú¡¸ ¤¸ÿˆÅ£ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¢›¸¡¸¢Ÿ¸÷¸ meetings, various other meetings are also organized by ¤¸¾“ˆÅ¸Ê ˆ½Å ‚¥¸¸¨¸¸ £¸]¡¸ ¬÷¸£ú¡¸ ¤¸ÿˆÅ£ ¬¸¢Ÿ¸¢÷¸ ×¸£¸ ¢¨¸¢ž¸››¸ ¬¸™¬¡¸ ¤¸ÿˆÅ¸Ê, SLBC to coordinate between various member banks, State £¸]¡¸ ¬¸£ˆÅ¸£, £¸]¡¸ ¬¸£ˆÅ¸£ ˆÅú ‡]¸Ê¢¬¸¡¸¸Ê, ž¸¸£÷¸ú¡¸ ¢£]¸¨¸Ä ¤¸ÿˆÅ, ›¸¸¤¸¸”Ä Government, Government Agencies, Reserve Bank of India, ‚¸¾£ ˆÊÅÍ ¬¸£ˆÅ¸£ ˆ½Å Ÿ¸š¡¸ ¬¸Ÿ¸›¨¸¡¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ‚›¡¸ ¢¨¸¢ž¸››¸ ¤¸¾“ˆÅ¸Ê NABARD and the Central Government. SLBC coordinates a ˆÅ¸ ‚¸¡¸¸½]¸›¸ ž¸ú ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. £¸]¡¸ ¬÷¸£ú¡¸ ¤¸ÿˆÅ£ ¬¸¢Ÿ¸¢÷¸ £¸]¡¸ Ÿ¸Ê network of more than 15,000 bank branches in the state. 15,000 ¬¸½ ‚¢š¸ˆÅ ¤¸ÿˆÅ ©¸¸‰¸¸‚¸Ê ˆ½Å ¤¸ú\¸ ¬¸Ÿ¸›¨¸¡¸ ˆÅ¸ ˆÅ¸¡¸Ä ˆÅ£÷¸ú í¾. In FY 2016-17, the State suffered due to continual draught ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ £¸]¡¸ ˆ½Å 16,000 ¬¸½ ‚¢š¸ˆÅ Š¸¸¿¨¸¸Ê Ÿ¸Ê in more than 16000 villages and also onslaught of natural calamities, the brunt of which is mostly borne by Agriculture ¥¸Š¸¸÷¸¸£ ¬¸»‰¸¸ ÷¸˜¸¸ œÏ¸ˆ¼Å¢÷¸ˆÅ ¢¨¸œ¸™¸‡¿ ‚¸÷¸ú £íú ¢]¸¬¸ˆÅ¸ ¬¸¤¸¬¸½ ‚¢š¸ˆÅ and related activities. SLBC has always been very proactive in œÏž¸¸¨¸ ˆ¼Å¢«¸ ‚¸¾£ ¬¸¿¤¸¿¢š¸÷¸ Š¸¢÷¸¢¨¸¢š¸¡¸¸Ê œ¸£ íº‚¸. ƒ¬¸ œÏˆÅ¸£ ˆ½Å ‚¸œ¸™¸ˆÅ¸¥¸ such calamities by issuing necessary guidelines in respect of Ÿ¸Ê £¸]¡¸ ¬÷¸£ú¡¸ ¤¸ÿˆÅ£ ¬¸¢Ÿ¸¢÷¸ £¸í÷¸ „œ¸¸¡¸¸Ê, ¢¨¸©¸½«¸ ¤¸¾“ˆÅ¸Ê ˆ½Å ‚¸¡¸¸½]¸›¸ relief measures, organizing special meetings and guiding the ‚¸¾£ ]¸í¸¿ ‚¸¨¸©¡¸ˆÅ íº‚¸ ¨¸í¸¿ ¬¸™¬¡¸¸Ê ˆÅ¸ Ÿ¸¸Š¸Ä™©¸Ä›¸ ˆÅ£›¸½ Ÿ¸Ê ¬¸¢ÇÅ¡¸ £íú í¾. members whenever necessary. £¸]¡¸ ¬÷¸£ú¡¸ ¤¸ÿˆÅ£ ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ ¬¸Ÿ¸›¨¸¡¸ˆÅ í¸½›¸½ ˆ½Å ›¸¸÷¸½ ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï As SLBC convener, Bank of Maharashtra coordinated œÏš¸¸›¸Ÿ¸¿°¸ú ]¸›¸-š¸›¸ ¡¸¸½]¸›¸¸ (œ¸ú‡Ÿ¸]¸½”ú¨¸¸¡¸) ˆÅ¸ ¬¸Ÿ¸›¨¸¡¸›¸ Ÿ¸í¸£¸«’ï implementation of Pradhan Mantri Jan Dhan Yojana (PMJDY) £¸]¡¸ Ÿ¸Ê ˆÅ£ £í¸ í¾. £¸]¡¸ Ÿ¸Ê ˆºÅ¥¸ 136 ¥¸¸‰¸ ‰¸¸÷¸½ ‰¸¸½¥¸½ Š¸‡ ‚¸¾£ ‰¸¸÷¸¸ in the State of Maharashtra. A total of 136 lakh accounts were ‰¸¸½¥¸›¸½ ˆ½Å „Ó½©¡¸ ¬¸½ Ÿ¸í¸£¸«’ï ¬¸¿÷¸¼œ÷¸ £¸]¡¸ ‹¸¸½¢«¸÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸. ÷¸˜¸¸¢œ¸ opened in the State and the State was declared as saturated ‰¸¸÷¸¸ ‰¸¸½¥¸›¸½ ˆÅú œÏ¢ÇÅ¡¸¸ ]¸¸£ú í¾. for the purpose of opening of accounts. The process of opening of accounts is continued.

23 Annual Report 2016-17

‡¬¸‡¥¸¤¸ú¬¸ú Ÿ¸í¸£¸«’ï ˆÅ¸½ œ¸ú‡Ÿ¸]¸½”ú¨¸¸¡¸ ‰¸¸÷¸¸Ê ˆÅ¸ ¬¸¨¸¸Ä¢š¸ˆÅ ‚¸š¸¸£ S L B C Maharashtra received award for highest Adhar seeding of PMJDY accounts from Department of Financial Service, ¬¸ú¢”¿Š¸ ˆÅ£›¸½ í½÷¸º ¢¨¸î¸ú¡¸ ¬¸½¨¸¸‡¿ ¢¨¸ž¸¸Š¸, ¢¨¸î¸ Ÿ¸¿°¸¸¥¸¡¸, ›¸ƒÄ ¢™¥¥¸ú ¬¸½ MOF New Delhi. œ¸º£¬ˆÅ¸£ œÏ¸œ÷¸ íº‚¸ í¾. 7.3. FINANCIAL INCLUSION / PMJDY: 7.3 ¢¨¸î¸ú¡¸ ¬¸Ÿ¸¸¨¸½©¸›¸/œ¸ú‡Ÿ¸]¸½”ú¨¸¸¡¸ Scheme Particulars 2014-15 2015-16 2016-17 ¡¸¸½]¸›¸¸ ¢¨¸¨¸£µ¸ 2014-15 2015-16 2016-17 FI Plan No of 20.80 55.27 109.75 ¤¸ú¬¸ú‡ ×¸£¸ ¬¸¿¨¡¸¨¸í¸£¸Ê Transactions by ‡ûÅ‚¸ƒÄ ¡¸¸½]¸›¸¸ 20.80 55.27 109.75 BCA (in lakhs) ˆÅú ¬¸¿‰¡¸¸ (¥¸¸‰¸ Ÿ¸Ê) Amt of 602.08 2063.37 4702.81 ¬¸¿¨¡¸¨¸í¸£¸Ê ˆÅú £¸¢©¸ transactions 602.08 2063.37 4702.81 (ˆÅ£¸½”õ Ÿ¸Ê) (in Cr) PMJDY No. of PMJDY 22.96 32.19 42.28 œ¸ú‡Ÿ¸]¸½”ú¨¸¸¡¸ ‰¸¸÷¸¸Ê ˆÅú œ¸ú‡Ÿ¸]¸½”ú¨¸¸¡¸ 22.96 32.19 42.28 accounts(in ¬¸¿‰¡¸¸ (¥¸¸‰¸ Ÿ¸Ê) lakhs) Of Which 11.81 24.05 33.18 ¢]¸›¸Ÿ¸Ê ¬¸½ ‚¸š¸¸£ ¬¸ú”½” 11.81 24.05 33.18 Aadhaar Seeded ‚¸š¸¸£ ¬¸ú¢”¿Š¸ ˆÅ¸ % 51.44 74.71 78.48 % OF Aadhaar 51.44 74.71 78.48 ¢]¸›¸Ÿ¸Ê ¬¸½ Ÿ¸¸½¤¸¸ƒ¥¸ ¬¸ú¢”¿Š¸ 10.74 23.22 32.16 Seeding Of Which Mobile 10.74 23.22 32.16 Ÿ¸¸½¤¸¸ƒ¥¸ ¬¸ú¢”¿Š¸ ˆÅ¸ % 46.78 72.13 76.06 Seeding œ¸ú‡Ÿ¸]¸½”ú¨¸¸¡¸ ‰¸¸÷¸¸Ê Ÿ¸Ê % of Mobile 46.78 72.13 76.06 209.86 531.97 932.05 ©¸½«¸ (ˆÅ£¸½”õ Ÿ¸Ê) Seeding Balance in 209.86 531.97 932.05 œÏ¢÷¸ ‰¸¸÷¸¸ ‚¸¾¬¸÷¸ ©¸½«¸ 914 1653 2205 PMJDY A/c (in ¨¸¸¬÷¸¢¨¸ˆÅ Cr) ©¸»›¡¸ ©¸½«¸ œ¸ú‡Ÿ¸]¸½”ú¨¸¸¡¸ Average Bal. per 914 1653 2205 13.43 13.61 16.34 account actual ‰¸¸÷¸½ Zero Bal. 13.43 13.61 16.34 ¤¸ú‡¬¸¤¸ú”ú PMJDY A/cs ˆºÅ¥¸ ¤¸ú‡¬¸¤¸ú”ú ‰¸¸÷¸½ 53.30 61.70 71.28 BSBD Total BSBD 53.30 61.70 71.28 ‰¸¸÷¸½ Accounts Accounts ¤¸ú‡¬¸¤¸ú”ú ‰¸¸÷¸¸Ê Ÿ¸Ê ‚¸½/ O/S Balance in 516.50 893.57 1410.85 516.50 893.57 1410.85 ‡¬¸ ©¸½«¸ (ˆÅ£¸½”õ Ÿ¸Ê) BSBD A/c (in Cr) Average bal. per 969 1448 1979 œÏ¢÷¸ ‰¸¸÷¸¸ ‚¸¾¬¸÷¸ ©¸½«¸ 969 1448 1979 account (actual) (¨¸¸¬÷¸¢¨¸ˆÅ) Commission 5.30 11.95 23.07 ¤¸ú¬¸ú ¬¸½¨¸¸‚¸Ê ˆ½Å œÏ¢÷¸ ™½¡¸ Paid towards 5.30 11.95 23.07 BC Services (in ˆÅŸ¸ú©¸›¸ (ˆÅ£¸½”õ Ÿ¸Ê) Crore) œÏš¸¸›¸Ÿ¸¿°¸ú ]¸›¸-š¸›¸ ¡¸¸½]¸›¸¸ ˆÅú ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅ¸ ¢›¸¨¸¸£µ¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ The Bank has a full-fledged call centre with toll free number ›¸½ 18001022636 ’¸½¥¸ üÅú ÇÅŸ¸¸¿ˆÅ ¨¸¸¥¸¸ œ¸»µ¸Ä ¢¨¸ˆÅ¢¬¸÷¸ ˆÅ¸Á¥¸ ¬¸Ê’£ 18001022636 for redressal of PMJDY grievances. ‰¸¸½¥¸¸ í¾. The Financial Literacy Material has been prepared in ¬˜¸¸›¸ú¡¸ ž¸¸«¸¸‚¸Ê Ÿ¸Ê ¢¨¸î¸ú¡¸ ¬¸¸®¸£÷¸¸ ˆÅú ¬¸¸Ÿ¸ŠÏú ÷¸¾¡¸¸£ ˆÅ£ ©¸¸‰¸¸‚¸Ê/ vernacular languages and supplied to all Branches / Bank Mitrs ¤¸ÿˆÅ ¢Ÿ¸°¸¸Ê ˆÅ¸½ „œ¸¥¸¤š¸ ˆÅú Š¸ƒÄ í¾ ÷¸¸¢ˆÅ ¢¨¸î¸ú¡¸ ¬¸¸®¸£÷¸¸ ˆÿÅœ¸¸Ê ˆ½Å ™¸¾£¸›¸ ƒ›í½ for supplying the same to accountholders during FLC camps. ‰¸¸÷¸¸š¸¸£ˆÅ¸Ê Ÿ¸Ê ¢¨¸÷¸¢£÷¸ ¢ˆÅ¡¸¸ ]¸¸ ¬¸ˆ½Å. Financial literacy camps are organized different schools in ¢¨¸î¸ú¡¸ ¬¸¸®¸£÷¸¸ ¢©¸¢¨¸£¸Ê ˆÅ¸ ‚¸¡¸¸½]¸›¸ Ÿ¸í¸£¸«’ï ˆ½Å ¢]¸¥¸¸Ê ˆ½Å ¢¨¸¢ž¸››¸ districts of Maharashtra. All skilling centers /ITI are mapped ¢¨¸™¡¸¸¥¸¡¸¸Ê Ÿ¸Ê ¢ˆÅ¡¸¸ ]¸¸ £í¸ í¾. ¬¸ž¸ú ˆÅ¸¾©¸¥¸ ˆÊÅÍ¸Ê / ‚¸ƒÄ’ú‚¸ƒÄ ˆÅ¸½ under financial literacy project ¢¨¸î¸ú¡¸ ¬¸¸®¸£÷¸¸ œ¸¢£¡¸¸½]¸›¸¸ ˆ½Å ‚š¸ú›¸ ¢\¸¦â÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. Bank has been awarded for excellent performance in the field ¤¸ÿˆÅ ˆÅ¸½ ž¸¸£÷¸ú¡¸ ¤¸ÿ¢ˆ¿ÅŠ¸ ¬¸¿¬˜¸¸›¸, ¢¨¸î¸ú¡¸ ¬¸½¨¸¸‡¿ ¢¨¸ž¸¸Š¸ ÷¸˜¸¸ ƒˆÅ¸Á›¸¸Á¢Ÿ¸ˆÅ of financial inclusion from prestigious institutes like IBA, DFS, ’¸ƒÄŸ¬¸ ]¸¾¬¸ú œÏ¢÷¸¦«“÷¸ ¬¸¿¬˜¸¸›¸¸Ê ×¸£¸ ¢¨¸î¸ú¡¸ ¬¸Ÿ¸¸¨¸½©¸›¸ ˆ½Å ®¸½°¸ Ÿ¸Ê „÷ˆ¼Å«’ and Economic Times. ˆÅ¸¡¸Ä ¢›¸«œ¸¸™›¸ í½÷¸º œ¸º£¬ˆ¼Å÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. 8. SUBSIDIARIES/JOINT VENTURES AND SPONSORED 8. ¬¸í¸¡¸ˆÅ ˆ¿Åœ¸¢›¸¡¸¸¿ / ¬¸¿¡¸ºÆ÷¸ „Ô¸Ÿ¸ ‚¸¾£ œÏ¸¡¸¸½¢]¸÷¸ ¬¸¿¬˜¸¸‡¿ INSTITUTIONS 8.1 ®¸½°¸ú¡¸ ŠÏ¸Ÿ¸úµ¸ ¤¸ÿˆÅ ˆÅ¸ ˆÅ¸¡¸Ä ¢›¸«œ¸¸™›¸ 8.1 Performance of Regional Rural Bank Ÿ¸í¸£¸«’ï ŠÏ¸Ÿ¸úµ¸ ¤¸ÿˆÅ (‡Ÿ¸]¸ú¤¸ú) ‡ˆÅ ®¸½°¸ú¡¸ ŠÏ¸Ÿ¸úµ¸ ¤¸ÿˆÅ í¾, ¢]¸¬¸ˆÅ¸ Maharashtra Gramin Bank (MGB) is a Regional Rural Bank œÏ¸¡¸¸½]¸›¸ ¤¸ÿˆÅ ›¸½ ¢ˆÅ¡¸¸ í¾ ‚¸¾£ ¢]¸¬¸ˆÅ¸ Ÿ¸º‰¡¸¸¥¸¡¸ Ÿ¸í¸£¸«’ï ˆ½Å ‚¸¾£¿Š¸¸¤¸¸™ sponsored by the Bank, having its Head Office at Aurangabad, ©¸í£ Ÿ¸Ê í¾. ¢™›¸¸¿ˆÅ 31.03.2017 ˆÅ¸½ ¤¸ÿˆÅ ˆ½Å œ¸¢£\¸¸¥¸›¸ ®¸½°¸¸Ê Ÿ¸Ê ¤¸ÿˆÅ ˆÅú Maharashtra State. Total no of branches as on 31.3.2017 stood at 408 in its area of operation covering 17 out of 36 districts of ˆºÅ¥¸ ©¸¸‰¸¸‡¿ 408 íÿ ]¸¸½ Ÿ¸í¸£¸«’ï £¸]¡¸ ˆ½Å 36 ¢]¸¥¸¸Ê Ÿ¸Ê ¬¸½ 17 ¢]¸¥¸¸Ê Ÿ¸Ê Maharashtra State. ¦¬˜¸÷¸ íÿ. All 408 branches and controlling offices are now under CBS. ¬¸ž¸ú 408 ©¸¸‰¸¸‡¿ ‚¸¾£ ¢›¸¡¸¿°¸ˆÅ ˆÅ¸¡¸¸Ä¥¸¡¸ ¬¸ú¤¸ú‡¬¸ ˆ½Å ‚š¸ú›¸ íÿ. ƒ¬¸ ¨¸«¸Ä MGB opened 11 new branches during this year. ˆ½Å ™¸¾£¸›¸ Ÿ¸í¸£¸«’ï ŠÏ¸Ÿ¸úµ¸ ¤¸ÿˆÅ ›¸½ 11 ›¸ƒÄ ©¸¸‰¸¸‡¿ ‰¸¸½¥¸ú íÿ.

24 Jeeef

Ÿ¸í¸£¸«’ï ŠÏ¸Ÿ¸úµ¸ ¤¸ÿˆÅ (‡Ÿ¸]¸ú¤¸ú) Maharashtra Gramin Bank has crossed the benchmark of ›¸½ ²Å.11,000 ˆÅ£¸½”õ ˆ½Å ˆºÅ¥¸ Rs.11000 Cr Total Business and Rs.100 Cr Operating Profit ¨¡¸¨¸¬¸¸¡¸ ‡¨¸¿ ²Å.100 ˆÅ£¸½”õ ˆÅ¸ œ¸¢£\¸¸¥¸›¸ ¥¸¸ž¸ ˆ½Å Ÿ¸¸›¸™¿” by achieving Rs.11899 Cr Total Business and Rs.118.94 Cr ˆÅ¸½ œ¸¸£ ˆÅ£÷¸½ íº‡ 31.03.2017 ˆÅ¸½ ²Å.11899 ˆÅ£¸½”õ ˆÅ¸ ˆºÅ¥¸ Operating Profit as on 31.03.2017 with a YOY growth rate ¨¡¸¨¸¬¸¸¡¸ ‡¨¸¿ ²Å.118.94 ˆÅ£¸½”õ ˆÅ¸ œ¸¢£\¸¸¥¸›¸ ¥¸¸ž¸ í¸¢¬¸¥¸ of 30.75% ¢ˆÅ¡¸¸ í¾. ¨¸«¸Ä ™£ ¨¸«¸Ä ¨¸¼¦š™ ˆÅú ™£ 30.75% £íú. The percentage of CASA to total deposit is 58.94%.Operating ˆºÅ¥¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸Ê Ÿ¸Ê \¸¸¥¸» ‰¸¸÷¸¸-¤¸\¸÷¸ ‰¸¸÷¸¸ (ˆÅ¸¬¸¸) ]¸Ÿ¸¸£¸¢©¸¡¸¸Ê ˆÅ¸ profit of MGB is Rs. 118.94 Crore (growth of 30.75%). During ¢í¬¬¸¸ 58.94% £í¸. Ÿ¸í¸£¸«’ï ŠÏ¸Ÿ¸úµ¸ ¤¸ÿˆÅ ˆÅ¸ œ¸¢£\¸¸¥¸›¸Š¸÷¸ ¥¸¸ž¸ this year 2016-17, MGB has grown by 20.07% in total deposits ²Å.118.94 ˆÅ£¸½”õ ˆÅ¸ £í¸ (30.75% ˆÅú ¨¸¼¢Ö). ¨¸«¸Ä 2016-17 ˆ½Å and 11.32 % in advances. ™¸¾£¸›¸, Ÿ¸í¸£¸«’ï ŠÏ¸Ÿ¸úµ¸ ¤¸ÿˆÅ ˆÅú ˆºÅ¥¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸Ê Ÿ¸Ê 20.07% ‚¸¾£ Under Pradhan Mantri Jandhan Yojana surveys of all allotted ‚¢ŠÏŸ¸¸Ê Ÿ¸Ê 11.32% ˆÅú ¨¸¼¢Ö íºƒÄ. 898 SSAs and 80 wards were conducted for identification of œÏš¸¸›¸Ÿ¸¿°¸ú ]¸›¸-š¸›¸ ¡¸¸½]¸›¸¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ ‚¸¤¸¿¢’÷¸ 898 „œ¸ ¬¸½¨¸¸ ®¸½°¸ households having no bank account. The Bank has covered ‚¸¾£ 80 ¨¸¸”¸½ô ˆÅ¸ ¬¸¨¸½Ä®¸µ¸ ¤¸ÿˆÅ ‰¸¸÷¸¸ £¢í÷¸ œ¸¢£¨¸¸£¸Ê ˆ½Å ‚¢ž¸¢›¸š¸¸Ä£µ¸ all allotted SSAs by engaging BCAs. Total 8.54 lakh accounts í½÷¸º ¢ˆÅ¡¸¸ Š¸¡¸¸. ¤¸ÿˆÅ ›¸½ ¬¸ž¸ú ‚¸¤¸¿¢’÷¸ „œ¸ ¬¸½¨¸¸ ®¸½°¸¸Ê Ÿ¸Ê ¤¸ú¬¸ú‡ ÷¸¾›¸¸÷¸ have been opened during the PMJDY campaign period and “RuPay ATM debit cards” have been issued to 7.45 lakh ¢ˆÅ‡. œÏš¸¸›¸Ÿ¸¿°¸ú ]¸›¸-š¸›¸ ¡¸¸½]¸›¸¸ ‚¢ž¸¡¸¸›¸ ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ ˆºÅ¥¸ 8.54 account holders. Maharashtra Gramin Bank has actively ¥¸¸‰¸ ‰¸¸÷¸½ ‰¸¸½¥¸½ Š¸‡ ‚¸¾£ 7.45 ¥¸¸‰¸ ‰¸¸÷¸¸ š¸¸£ˆÅ¸½¿ ˆÅ¸½ `²Å-œ¸½ ‡’ú‡Ÿ¸ participated in the PMJJBY, PMSBY and APY as well as the ”½¢¤¸’ ˆÅ¸”Ä' ]¸¸£ú ¢ˆÅ‡ Š¸‡. Ÿ¸í¸£¸«’ï ŠÏ¸Ÿ¸úµ¸ ¤¸ÿˆÅ ›¸½ œ¸ú‡Ÿ¸]¸½]¸½¤¸ú¨¸¸¡¸, PMMY scheme declared by GoI, DFS. œ¸ú‡Ÿ¸‡¬¸¤¸ú¨¸¸¡¸ ÷¸˜¸¸ ‡œ¸ú¨¸¸¡¸ ‡¨¸¿ ¬¸¸˜¸ íú ž¸¸£÷¸ ¬¸£ˆÅ¸£, ¢¨¸î¸ú¡¸ Bank has achieved most of the Targets under MOU_DAP ¬¸½¨¸¸‡¿ ¢¨¸ž¸¸Š¸ ×¸£¸ ‹¸¸½¢«¸÷¸ œ¸ú‡Ÿ¸‡Ÿ¸¨¸¸¡¸ ¡¸¸½]¸›¸¸ Ÿ¸Ê ¬¸¢Ç½Å¡¸÷¸¸ ¬¸½ ž¸¸Š¸ for the financial year 2016-17 in the major Key performance ¢¥¸¡¸¸. parameters. ¤¸ÿˆÅ ›¸½ ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ Ÿ¸í÷¨¸œ¸»µ¸Ä ˆÅ¸¡¸Ä¢›¸«œ¸¸™›¸ TARGET Ÿ¸¸›¸™¿”¸Ê ˆ½Å ‚¿÷¸Š¸Ä÷¸ ‡Ÿ¸‚¸½¡¸»-”ú‡œ¸ú ˆ½Å ‚š¸ú›¸ ‚¢š¸ˆÅ¸¿©¸ ¥¸®¡¸ SR PERFORMANCE ACTUAL AS ON FOR THE FY NO PARAMETER 31.03.2017 œÏ¸œ÷¸ ¢ˆÅ‡ À 2016-17 ¢¨¸î¸ú¡¸ ¨¸«¸Ä 31.03.2017 1 Growth in Core Deposit (%) 10.78 20.07 ‚›¸º. ˆÅ¸¡¸Ä ¢›¸«œ¸¸™›¸ Ÿ¸¸›¸™¿” 2016-17 ˆ½Å ˆÅ¸½ ¨¸¸¬÷¸¢¨¸ˆÅ 2 Growth in Advances (%) 10.27 11.32 ¢¥¸‡ ¥¸®¡¸ „œ¸¥¸¦¤š¸ 3 Recovery % June 2016 60.00 58.00 1 ˆÅ¸½£ ]¸Ÿ¸¸ Ÿ¸Ê ¨¸¼¦š™ (%) 10.78 20.07 4 NPA Level 227.34 369.37 2 ‚¢ŠÏŸ¸¸Ê Ÿ¸Ê ¨¸¼¦š™ % 10.27 11.32 5 Growth in Agriculture Advances 15.63 13.76 3 ]¸»›¸ 2016 ˆÅú ¨¸¬¸»¥¸ú % 60.00 58.00 6 CD Ratio 71.21 66.33 4 ‡›¸œ¸ú‡ ¬÷¸£ 227.34 369.37 Increase in No. of SHGs 5 ˆ¼Å¢«¸ ‚¢ŠÏŸ¸¸Ê Ÿ¸Ê ¨¸¼¦š™ 15.63 13.76 7 credit linked - 4530 6 ¬¸ú”ú ‚›¸ºœ¸¸÷¸ 71.21 66.33 8 Increase in No. of KCC Cards - 233726 ‡¬¸‡\¸]¸ú Ç½Å¢”’ ¢¥¸¿ˆÅ Ÿ¸Ê ¨¸¼¦š™ 9 Net Profit After Tax 42.25 42.19 7 ˆÅú ¬¸¿‰¡¸¸ - 4530 10 Per Branch Profit (Lakh) 15.97 10.34 8 ˆ½Å¬¸ú¬¸ú ˆÅ¸”Ä Ÿ¸Ê ¨¸¼¦š™ ˆÅú ¬¸¿‰¡¸¸ - 233726 11 Per Employee Profit (Lakh) 4.19 2.91 9 ¢›¸¨¸¥¸ ¥¸¸ž¸, ˆÅ£ ˆ½Å ¤¸¸™ 42.25 42.19 8.2 The Maharashtra Executor & Trustee Company Pvt. Ltd. 10 œÏ¢÷¸ ©¸¸‰¸¸ ¥¸¸ž¸ (¥¸¸‰¸ Ÿ¸½¿) 15.97 10.34 Maharashtra Executor & Trustee Company Pvt. Ltd. (METCO), 11 œÏ¢÷¸ ˆÅŸ¸Ä\¸¸£ú ¥¸¸ž¸ (¥¸¸‰¸ Ÿ¸½¿) 4.19 2.91 the 100% subsidiary of Bank of Maharashtra was established in 1946 with an aim to provide services auxiliary to banking 8.2 ¢™ Ÿ¸í¸£¸«’ï ‡¦Æ{¸Æ¡¸»’£ ‡µ” ’ï¬’ú ˆ¿Åœ¸›¸ú œÏ¸.¢¥¸. such as: ¨¸«¸Ä 1946 Ÿ¸Ê ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ˆÅú 100% ‚›¸º«¸¿Š¸ú ˆ¿Åœ¸›¸ú ¢™  Consultation, Drafting & Execution of will Ÿ¸í¸£¸«’ï ‡¦Æ{¸Æ¡¸»’£ ‡µ” ’ï¬’ú ˆ¿Åœ¸›¸ú œÏ¸.¢¥¸. (Ÿ¸½’ˆÅ¸½) ˆÅú ¬˜¸¸œ¸›¸¸  Consultation, Drafting and Management of Private ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ¤¸ÿ¢ˆ¿ÅŠ¸ ¬¸í¸¡¸ˆÅ ¬¸½¨¸¸‡¿ „œ¸¥¸¤š¸ ˆÅ£¸›¸½ ˆ½Å ¢¥¸‡ íºƒÄÀ Trusts / Public Trusts  ¨¸¬¸ú¡¸÷¸¸Ê ˆÅ¸ Ÿ¸¬¸¸¾™¸ ÷¸¾¡¸¸£ ˆÅ£›¸¸ ‚¸¾£ ¢›¸«œ¸¸™›¸ ˆÅ£›¸¸, œ¸£¸Ÿ¸©¸Ä ™½›¸¸   Management of investments & house properties as ¢›¸]¸ú ›¡¸¸¬¸¸Ê / ¬¸¸¨¸Ä]¸¢›¸ˆÅ ›¡¸¸¬¸¸Ê ˆÅ¸ Ÿ¸¬¸¸¾™¸ ÷¸¾¡¸¸£ ˆÅ£›¸¸, œÏ¤¸¿š¸›¸ attorney ‚¸¾£ œ¸£¸Ÿ¸©¸Ä ™½›¸¸  ‡’›¸úÄ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¨¸½©¸¸Ê ‡¨¸¿ ‚¸¨¸¸¬¸ ¬¸¿œ¸¢î¸¡¸¸Ê ˆÅ¸ œÏ¤¸¿š¸›¸  Guardianship of minor’s property  ‚¨¸¡¸¬ˆÅ ˆÅú ¬¸¿œ¸¢î¸ ˆÅú ¬¸¿£®¸ˆÅ÷¸¸  Consultation for sale/purchase of property  ¬¸¿œ¸¢î¸ ˆÅú ‰¸£ú™ú / ¢¤¸ÇÅú ˆ½Å ¢¥¸‡ œ¸£¸Ÿ¸©¸Ä ™½›¸¸  Filing of I-Tax Returns for individuals  ¨¡¸¢Æ÷¸¡¸¸Ê ˆ½Å ¢¥¸‡ ‚¸¡¸-ˆÅ£ ¢¨¸¨¸£µ¸ú ™¸¢‰¸¥¸ ˆÅ£›¸¸ The Company is located at Pune having its branch units at ¡¸í ˆ¿Åœ¸›¸ú œ¸ºµ¸½ Ÿ¸Ê ¦¬˜¸÷¸ í¾ ‚¸¾£ œ¸ºµ¸½, ¨¸¸©¸ú-Ÿ¸º¿¤¸ƒÄ, “¸µ¸½ ‚¸¾£ ›¸¸Š¸œ¸º£ Ÿ¸Ê Pune, Vashi-Mumbai, Thane and Nagpur. It is managing about ƒ¬¸ˆÅú ©¸¸‰¸¸ ƒˆÅ¸ƒÄ¡¸¸¿ íÿ. ˆ¿Åœ¸›¸ú ¥¸Š¸ž¸Š¸ 1094 ¢›¸]¸ú ‚¸¾£ ¬¸¸¨¸Ä]¸¢›¸ˆÅ 1094 Public & Private Trusts. During the year, additional 27 ›¡¸¸¬¸¸Ê ˆÅ¸ œÏ¤¸¿š¸›¸ ˆÅ£÷¸ú í¾. ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ]¸º”õú ›¸ƒÄ ¨¸¬¸ú¡¸÷¸¸Ê ˆÅú ¬¸¿‰¡¸¸ Wills were added making total 1125 Will in its custody for 27 £íú, ƒ¬¸ œÏˆÅ¸£ ˆ¿Åœ¸›¸ú ˆÅú ‚¢ž¸£®¸¸ ‚¸¾£ ¢›¸«œ¸¸™›¸ Ÿ¸Ê ¨¸¬¸ú¡¸÷¸¸Ê ˆÅú execution. ˆºÅ¥¸ ¬¸¿‰¡¸¸ 1125 í¸½ Š¸ƒÄ í¾.

25 Annual Report 2016-17

ˆ¿Åœ¸›¸ú ×¸£¸ ¨¸÷¸ÄŸ¸¸›¸ Ÿ¸Ê 69 ŠÏ¸íˆÅ¸Ê ˆÅú \¸¥¸ ‡¨¸¿ ‚\¸¥¸ ™¸½›¸¸Ê ¬¸¿œ¸¢î¸¡¸¸Ê ˆÅ¸ At present, the Company manages properties both movable œÏ¤¸¿š¸›¸ Ÿ¸º‰÷¸¸£›¸¸Ÿ¸½ ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¢ˆÅ¡¸¸ ]¸¸ £í¸ í¾. ¢¨¸¨¸¸¢í÷¸ Ÿ¸¢í¥¸¸ ¬¸¿œ¸¢î¸ and immovable of 69 clients under the Power of Attorney. The Company also acts as the Trustees in respect of 160 policies ‚¢š¸¢›¸¡¸Ÿ¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ ˆ¿Åœ¸›¸ú 160 œ¸¸¢¥¸¢¬¸¡¸¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ›¡¸¸¬¸ú ˆÅ¸ ˆÅ¸¡¸Ä under Married Women’s Property Act and as Court appointed ˆÅ£÷¸ú í¾ ‚¸¾£ 6 Ÿ¸¸Ÿ¸¥¸¸Ê Ÿ¸Ê ›¡¸¸¡¸¸¥¸¡¸ ›¸½ ‚¨¸¡¸¬ˆÅ ˆÅú ¬¸¿œ¸¢î¸ ˆÅ¸ ¬¸¿£®¸ˆÅ Guardian of minor’s property in 6 cases. ˆ¿Åœ¸›¸ú ˆÅ¸½ ¤¸›¸¸¡¸¸ í¾. ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ¢¥¸‡ Ÿ¸½’ˆÅ¸½ ˆÅ¸ ¢›¸¨¸¥¸ ¥¸¸ž¸ ²Å.46.92 ¥¸¸‰¸ The net profit of METCO for F.Y. 2016-17 is Rs.46.92 lakh. í¾. 9. IMPLEMENTION OF OFFICIAL LANGUAGE POLICY 9. £¸]¸ž¸¸«¸¸ ›¸ú¢÷¸ ˆÅ¸ ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ During the year 2016-17, the Bank has achieved various ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ›¸½ £¸]¸ž¸¸«¸¸ ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ˆ½Å ®¸½°¸ Ÿ¸Ê ˆÅƒÄ remarkable achievements in the field of Official Language „¥¥¸½‰¸›¸ú¡¸ „œ¸¥¸¦¤š¸¡¸¸¿ œÏ¸œ÷¸ ˆÅú íÿ- implementation: The Town Official Language Implementation Committee, ›¸Š¸£ £¸]¸ž¸¸«¸¸ ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ¬¸¢Ÿ¸¢÷¸, Ÿ¸º¿¤¸ƒÄ ˆÅ¸½ ¢í›™ú ˆ½Å ¤¸½í÷¸£ ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ Mumbai has secured Second Prize from the Rajbhasha í½÷¸º £¸]¸ž¸¸«¸¸ ¢¨¸ž¸¸Š¸, Š¸¼í Ÿ¸¿°¸¸¥¸¡¸, ž¸¸£÷¸ ¬¸£ˆÅ¸£ ¬¸½ ¢×÷¸ú¡¸ œ¸º£¬ˆÅ¸£ Vibhag, Ministry of Home Affairs, Government of India for œÏ¸œ÷¸ íº‚¸— „™¡¸œ¸º£ Ÿ¸Ê ‚¸¡¸¸½¢]¸÷¸ ‡ˆÅ ž¸¨¡¸ ¬¸Ÿ¸¸£¸½í Ÿ¸Ê £¸]¸¬˜¸¸›¸ £¸]¡¸ better implementation of Hindi at the hands of Hon. Governor, ˆ½Å Ÿ¸¸›¸›¸ú¡¸ £¸]¡¸œ¸¸¥¸ ˆ½Å ˆÅ£-ˆÅŸ¸¥¸¸Ê ¬¸½ ¬¸¢Ÿ¸¢÷¸ ˆÅ¸½ œ¸º£¬ˆÅ¸£ œÏ™¸›¸ ¢ˆÅ¡¸¸ Rajasthan State in a grand function held at Udaipur. Our Bank Š¸¡¸¸— íŸ¸¸£¸ ¤¸ÿˆÅ ƒ¬¸ ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ ¬¸¿¡¸¸½]¸ˆÅ ¤¸ÿˆÅ í¾— is the convenor Bank for the committee. íŸ¸¸£½ ¤¸ÿˆÅ ˆÅ¸½ Ÿ¸º¿¤¸ƒÄ ¦¬˜¸÷¸ œÏ¢÷¸¦«“÷¸ ¬¸¿¬˜¸¸›¸ ``‚¸©¸ú¨¸¸Ä™'' ×¸£¸ ¨¸«¸Ä ˆ½Å Our Bank was awarded Third Prize by the Mumbai based prestigious Institution ‘Aashirvad’ for better use of Hindi ™¸¾£¸›¸ ¢í›™ú ˆ½Å ¤¸½í÷¸£ „œ¸¡¸¸½Š¸ í½÷¸º ÷¸¼÷¸ú¡¸ œ¸º£¬ˆÅ¸£ œÏ™¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸— during the year. ¤¸ÿˆÅ ˆ½Å œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ ˆÅú ‚š¡¸®¸÷¸¸ 31st meeting of the Maharashtra State Level Bankers' Ÿ¸Ê Ÿ¸í¸£¸«’ï £¸]¡¸ ¬÷¸£ú¡¸ ¤¸ÿˆÅ¬¸Ä ¬¸¢Ÿ¸¢÷¸ (£¸]¸ž¸¸«¸¸) ˆÅú 31¨¸ú¿ ¤¸¾“ˆÅ Committee (Rajbhasha) was held under the chairmanship ˆÅ¸ ‚¸¡¸¸½]¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸— ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ƒ¬¸ ©¸ú«¸Ä ¬÷¸£ú¡¸ ¬¸¢Ÿ¸¢÷¸ of Shri R. P. Marathe, Managing Director and CEO of the ˆÅ¸ ¬¸¿¡¸¸½]¸ˆÅ í¾— ªú ›¸¸Š¸½›Í ¢¬¸¿í, ¢›¸™½©¸ˆÅ, Š¸¼í Ÿ¸¿°¸¸¥¸¡¸, ›¸ƒÄ Bank. Bank of Maharashtra is the convenor for this top-level ¢™¥¥¸ú ¤¸¾“ˆÅ Ÿ¸Ê Ÿ¸º‰¡¸ ‚¢÷¸¢˜¸ ˆ½Å ³Åœ¸ Ÿ¸Ê „œ¸¦¬˜¸÷¸ ˜¸½— ªú ‚¸£. committee. Mr. Nagendra Singh, Director, Ministry of Home ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ÷¸˜¸¸ ”¸Á. Affairs, Government of India, New Delhi was present in the ˆ½Å. Š¸ºœ÷¸¸, ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ, meeting as the Chief Guest. Shri R. K. Gupta, Executive ¬¸º¢›¸÷¸¸ ¡¸¸™¨¸, „œ¸ ¢›¸™½©¸ˆÅ, Š¸¼í Ÿ¸¿°¸¸¥¸¡¸, ž¸¸£÷¸ ¬¸£ˆÅ¸£ ƒ¬¸ ‚¨¸¬¸£ Director of Bank of Maharashtra and Dr. Suneeta Yadav, œ¸£ ¢¨¸©¸½«¸ ‚¢÷¸¢˜¸ ˆ½Å ³Åœ¸ Ÿ¸Ê „œ¸¦¬˜¸÷¸ £í½— ªú Ÿ¸›¸¸½]¸ ¢¤¸¬¨¸¸§, Deputy Director, Ministry of Home Affairs, Govt. of India were Ÿ¸í¸œÏ¤¸¿š¸ˆÅ (Ÿ¸¸.¬¸¿.œÏ. ¨¸ £¸]¸ž¸¸«¸¸) ‚¸¾£ ”¸Á. £¸]¸½›Í ªú¨¸¸¬÷¸¨¸, present as special guest on the occasion. Shri Manoj Biswal, ¬¸.Ÿ¸.œÏ. (£¸]¸ž¸¸«¸¸) ¨¸ ¬¸¢Ÿ¸¢÷¸ ˆ½Å ¬¸™¬¡¸ ¬¸¢\¸¨¸ ž¸ú „œ¸¦¬˜¸÷¸ ˜¸½— General Manager (HRM & Rajbhasha) and Dr. Rajendra ¬¸¸¨¸Ä]¸¢›¸ˆÅ ®¸½°¸ ˆ½Å ¬¸ž¸ú ¤¸ÿˆÅ¸Ê ˆ½Å ©¸ú«¸Ä ¬÷¸£ú¡¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅŠ¸µ¸ ‚¸¾£ ¢í›™ú Shrivastava, AGM (Rajbhasha) & Member Secretary of the Committee were also present. Top level executives and Hindi ‚¢š¸ˆÅ¸¢£¡¸¸Ê ›¸½ ¤¸”õú ¬¸¿‰¡¸¸ Ÿ¸Ê ¤¸¾“ˆÅ Ÿ¸Ê ¬¸íž¸¸Š¸ ¢¥¸¡¸¸— ƒ¬¸ ‚¨¸¬¸£ œ¸£ officers of all the public sector banks attended the meeting in ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ˆÅú ‚¸Á›¸¥¸¸ƒ›¸ £¸]¸ž¸¸«¸¸ ©¸¤™¸¨¸¥¸ú ``£¸]¸ž¸¸«¸¸ large numbers. On this occasion Online Rajbhasha Glossary ˆÅ¸½©¸'' ˆÅ¸ „™Ã‹¸¸’›¸ ªú ›¸¸Š¸½›Í ¢¬¸¿í, Ÿ¸º‰¡¸ ‚¢÷¸¢˜¸ ˆ½Å ˆÅ£-ˆÅŸ¸¥¸¸Ê “Rajbhasha Kosh” of Bank of Maharashtra was inaugurated at ¬¸½ ¨¸ ‚¸Á›¸¥¸¸ƒ›¸ ¢í›™ú £¸½¬’£ ˆÅ¸ „™Ã‹¸¸’›¸ ªú ‚¸£. œ¸ú. Ÿ¸£¸“½, œÏ¤¸¿š¸ the hands of Shri Nagendra Singh, Chief Guest and Online ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ ˆ½Å ˆÅ£-ˆÅŸ¸¥¸¸Ê ¬¸½ ¢ˆÅ¡¸¸ Š¸¡¸¸— ¬¸™¬¡¸¸Ê ˆÅ¸½ „›¸ˆ½Å Hindi Roster of Bank of Maharashtra was inaugurated at the ˆÅ¸¡¸¸Ä¥¸¡¸¸Ê Ÿ¸Ê ¢í›™ú ˆ½Å ¤¸½í÷¸£ ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ í½÷¸º £¸]¸ž¸¸«¸¸ ©¸ú¥” ‚¸¾£ hands of Shri R. P. Marathe, MD & CEO. Rajbhasha Shield and momento were presented to the members for better ¬Ÿ¸¼¢÷¸ ¢\¸›í œÏ™¸›¸ ¢ˆÅ‡ Š¸‡— implementation of Hindi in their offices. œÏš¸¸›¸ ˆÅ¸¡¸¸Ä¥¸¡¸, œ¸ºµ¸½ Ÿ¸Ê 15 ¢¬¸÷¸¿¤¸£, 2016 ˆÅ¸½ ¢í›™ú ¢™¨¸¬¸ ¬¸Ÿ¸¸£¸½í ˆÅ¸ Hindi day function was arranged at Head Office, Pune on ‚¸¡¸¸½]¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸— ¤¸ÿˆÅ ˆ½Å ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ ªú ‚¸£. ˆ½Å. Š¸ºœ÷¸¸ 15th September 2016. Shri R. K. Gupta, Executive Director ›¸½ ¬¸Ÿ¸¸£¸½í ˆÅú ‚š¡¸®¸÷¸¸ ˆÅú— ”¸Á. Ÿ¸¸½í›¸ ‚¸Š¸¸©¸½, œÏ‰¡¸¸÷¸ Ÿ¸£¸“ú ¨¸ of the Bank presided over the function. Dr. Mohan Agashe, ¢í›™ú ‚¢ž¸›¸½÷¸¸ ‚¸¾£ ¬¸Ÿ¸¸]¸ ¬¸½¨¸ˆÅ Ÿ¸º‰¡¸ ‚¢÷¸¢˜¸ ˆ½Å ³Åœ¸ Ÿ¸Ê „œ¸¦¬˜¸÷¸ renowned Marathi and Hindi actor and social worker was the ˜¸½— ªú ›¸£½›Í ˆÅ¸¤¸£¸, Ÿ¸í¸œÏ¤¸¿š¸ˆÅ ž¸ú ¬¸Ÿ¸¸£¸½í Ÿ¸Ê „œ¸¦¬˜¸÷¸ ˜¸½— ¤¸ÿˆÅ Chief Guest. Shri Narender Kabra, General Manager was also present in the function. Winners of the All India Internal ˆÅú ‚¢‰¸¥¸ ž¸¸£÷¸ú¡¸ ‚¸¿÷¸¢£ˆÅ £¸]¸ž¸¸«¸¸ ’ï¸ÁûÅú ¡¸¸½]¸›¸¸ ˆ½Å ¢¨¸]¸½÷¸¸‚¸Ê ˆÅ¸½ Rajbhasha Trophy Scheme of the Bank were awarded during ¬¸Ÿ¸¸£¸½í ˆ½Å ™¸¾£¸›¸ œ¸º£¬ˆÅ¸£ œÏ™¸›¸ ¢ˆÅ‡ Š¸‡— the function. ¤¸ÿˆÅ ˆ½Å ¬¸ž¸ú £¸]¸ž¸¸«¸¸ ‚¢š¸ˆÅ¸¢£¡¸¸Ê ˆ½Å ¢¥¸‡ ˆÅ¸½¥¸ˆÅ¸÷¸¸ Ÿ¸Ê ‚¢‰¸¥¸ An All India Rajbhasha Seminar was organized in Kolkata ž¸¸£÷¸ú¡¸ £¸]¸ž¸¸«¸¸ ¬¸ŸŸ¸½¥¸›¸ ˆÅ¸ ‚¸¡¸¸½]¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸— ¤¸ÿˆÅ ˆ½Å œÏ¤¸¿š¸ for all the Hindi Officers of the Bank. Shri R. P. Marathe, ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ ›¸½ ¬¸ŸŸ¸½¥¸›¸ ˆÅ¸ „™Ã‹¸¸’›¸ Managing Director & CEO of the Bank inaugurated the seminar. ¢ˆÅ¡¸¸— ªú Ÿ¸›¸¸½]¸ ¢¤¸¬¨¸¸§, Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, Ÿ¸¸¬¸¿œÏ ¨¸ £¸]¸ž¸¸«¸¸ ›¸½ Shri Manoj Biswal, General Manager, HRM & Rajbhasha ˆÅ¸¡¸Ä¢›¸«œ¸¸™›¸ ˆÅú œ¸º›¸£ú®¸¸ ˆÅú ‚¸¾£ ¬¸ž¸ú œÏ¢÷¸ž¸¸¢Š¸¡¸¸Ê ˆÅ¸ Ÿ¸¸Š¸Ä™©¸Ä›¸ reviewed the performance and guided all the participants. An All India Inter-Bank Essay Competition was organized by our ¢ˆÅ¡¸¸— íŸ¸¸£½ ¤¸ÿˆÅ ×¸£¸ ‡ˆÅ ‚¢‰¸¥¸ ž¸¸£÷¸ú¡¸ ‚¿÷¸£ ¤¸ÿˆÅ ¢›¸¤¸¿š¸ Bank and the winners of the competition were awarded at the œÏ¢÷¸¡¸¸½¢Š¸÷¸¸ ˆÅ¸ ‚¸¡¸¸½]¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ ˜¸¸ ‚¸¾£ œÏ¢÷¸¡¸¸½¢Š¸÷¸¸ ˆ½Å hands of Shri R. P. Marathe, Managing Director & CEO of the ¢¨¸]¸½÷¸¸‚¸Ê ˆÅ¸½ ¬¸ŸŸ¸½¥¸›¸ ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ˆ½Å œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ Bank during the seminar. ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ ˆ½Å ˆÅ£-ˆÅŸ¸¥¸¸Ê ¬¸½ œ¸º£¬ˆÅ¸£ œÏ™¸›¸ ¢ˆÅ‡ Š¸‡— Monthly Rajbhasha E-Magazine ‘Rajbhasha E-Pragati’ is œÏ÷¡¸½ˆÅ Ÿ¸¸í ¢›¸¡¸¢Ÿ¸÷¸ ³Åœ¸ ¬¸½ Ÿ¸¸¢¬¸ˆÅ £¸]¸ž¸¸«¸¸ ƒÄ-œ¸¢°¸ˆÅ¸ ``£¸]¸ž¸¸«¸¸ being regularly published every month. As a new initiative ƒÄ-œÏŠ¸¢÷¸'' ˆÅ¸ œÏˆÅ¸©¸›¸ ¢ˆÅ¡¸¸ ]¸¸ £í¸ í¾— ›¸¨¸¸½›Ÿ¸½«¸ú œÏ¡¸¸¬¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ Rajbhasha E-Pragati in Brail script is also published for the ¤¸ÿˆÅ ˆ½Å ¢™¨¡¸¸¿Š¸ ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆ½Å ¥¸¸ž¸¸˜¸Ä Ÿ¸¸¢¬¸ˆÅ £¸]¸ž¸¸«¸¸ ƒÄ-œÏŠ¸¢÷¸ ˆÅ¸ ¤Ï½¥¸ benefit of differently able employees of the Bank. ¢¥¸œ¡¸¸¿÷¸£µ¸ ž¸ú œÏˆÅ¸¢©¸÷¸ ¢ˆÅ¡¸¸ ]¸¸ £í¸ í¾— Bank of Maharashtra is the convenor Bank for Town Official Language Implementation Committee (TOLIC) in Mumbai, ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï Ÿ¸º¿¤¸ƒÄ, œ¸ºµ¸½, ¬¸¸½¥¸¸œ¸º£, ¥¸¸÷¸»£ ¨¸ ]¸§Š¸¸¿¨¸ Ÿ¸Ê ›¸Š¸£ Pune, Solapur, Latur & Jalgaon. Meetings of these committees £¸]¸ž¸¸«¸¸ ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ¬¸¢Ÿ¸¢÷¸¡¸¸Ê (’¸Á¢¥¸ˆÅ) ˆÅ¸ ¬¸¿¡¸¸½]¸ˆÅ ¤¸ÿˆÅ í¾— ¨¸«¸Ä ˆ½Å were held regularly during the year and various activities of ™¸¾£¸›¸ ƒ›¸ ¬¸¢Ÿ¸¢÷¸¡¸¸Ê ›¸½ ¢›¸¡¸¢Ÿ¸÷¸ ³Åœ¸ ¬¸½ ¤¸¾“ˆÅ¸Ê ˆÅ¸ ‚¸¡¸¸½]¸›¸ ¢ˆÅ¡¸¸ ‚¸¾£ the committees were organized throughout the year as per the ‚›¸º¬¸»\¸ú ˆ½Å ‚›¸º¬¸¸£ ¬¸¿œ¸»µ¸Ä ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¢¨¸¢ž¸››¸ Š¸¢÷¸¢¨¸¢š¸¡¸¸¿ ‚¸¡¸¸½¢]¸÷¸ schedule. ˆÅú¿— 26 Jeeef

Committee of Parliament on Official Language visited our ¬¸¿¬¸™ú¡¸ £¸]¸ž¸¸«¸¸ ¬¸¢Ÿ¸¢÷¸ ›¸½ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ íŸ¸¸£½ ‚¸¾£¿Š¸¸¤¸¸™ ‚¿\¸¥¸ Aurangabad Zonal Office, Jamnagar branch, Ahmedabad ˆÅ¸¡¸¸Ä¥¸¡¸, ]¸¸Ÿ¸›¸Š¸£ ©¸¸‰¸¸ (‚íŸ¸™¸¤¸¸™ ‚¿\¸¥¸) ‚¸¾£ \¸½››¸ƒÄ Zone and Chennai Zonal Office during the year and ‚¿\¸¥¸ ˆÅ¸¡¸¸Ä¥¸¡¸ ˆÅ¸½ ž¸Ê’ ™ú ÷¸˜¸¸ ¤¸ÿˆÅ ˆ½Å £¸]¸ž¸¸«¸¸ ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ˆÅú reviewed Official Language Implementation work of the ¬¸Ÿ¸ú®¸¸ ˆÅú— ¬¸¢Ÿ¸¢÷¸ ˆ½Å Ÿ¸¸›¸›¸ú¡¸ ¬¸™¬¡¸¸Ê ›¸½ ¤¸ÿˆÅ ×¸£¸ ¢í¿™ú ˆ½Å œÏŠ¸¸Ÿ¸ú œÏ¡¸¸½Š¸ Bank. The honorable members of the Committee expressed ‚¸¾£ ›¸ƒÄ œ¸í¥¸¸Ê ˆ½Å ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ œ¸£ ¬¸¿÷¸¸½«¸ ¨¡¸Æ÷¸ ¢ˆÅ¡¸¸— their satisfaction regarding progressive use of Hindi and the implementation of new initiatives by the Bank. ¢¬¸¿”úˆ½Å’ ¤¸ÿˆÅ ×¸£¸ Ÿ¸¸í ]¸›¸¨¸£ú, 2017 Ÿ¸Ê Ÿ¸¢µ¸œ¸¸¥¸ Ÿ¸Ê ‚¢‰¸¥¸ ž¸¸£÷¸ú¡¸ An All India Rajbhasha Seminar was organized by Syndicate £¸]¸ž¸¸«¸¸ ¬¸½¢Ÿ¸›¸¸£ ˆÅ¸ ‚¸¡¸¸½]¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸— ¤¸ÿˆÅ ˆ½Å Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, Ÿ¸¸›¸¨¸ Bank in Manipal in the Month of January, 2017. Shri Manoj ¬¸¿¬¸¸š¸›¸ œÏ¤¸¿š¸›¸ ¨¸ £¸]¸ž¸¸«¸¸ ªú Ÿ¸›¸¸½]¸ ¢¤¸¬¨¸¸§ ›¸½ ƒ¬¸ ¬¸½¢Ÿ¸›¸¸£ Ÿ¸Ê íŸ¸¸£½ Biswal, General Manager, HRM and Rajbhasha represented ¤¸ÿˆÅ ˆÅ¸ œÏ¢÷¸¢›¸¢š¸÷¨¸ ¢ˆÅ¡¸¸ ‚¸¾£ ¬¸ž¸ú ¤¸ÿˆÅ¸Ê ˆ½Å ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ¸Ê ˆÅ¸½ ¬¸¿¤¸¸½¢š¸÷¸ our Bank in the seminar and addressed the executives of all ¢ˆÅ¡¸¸— the banks. ›¸Š¸£ £¸]¸ž¸¸«¸¸ ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ¬¸¢Ÿ¸¢÷¸ œ¸’›¸¸ ×¸£¸ íŸ¸¸£½ ¤¸ÿˆÅ ˆÅ¸½ ¨¸«¸Ä ˆ½Å Our bank was awarded First Prize by Town official Language ™¸¾£¸›¸ ¢í›™ú ˆ½Å ¤¸½í÷¸£ „œ¸¡¸¸½Š¸ í½÷¸º œÏ™¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸— Implementation Committee, Patna for better use of Hindi `œÏ˜¸Ÿ¸ œ¸º£¬ˆÅ¸£' during the year. Reserve Bank of India is the convenor for this ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ƒ¬¸ ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ ¬¸¿¡¸¸½]¸ˆÅ ¤¸ÿˆÅ í¾— committee. 10. ¬¸º£®¸¸ 10. SECURITY ©¸¸‰¸¸‚¸Ê Ÿ¸Ê ¬¸º£®¸¸ ˆÅú ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ‡¨¸¿ ¤¸ÿˆÅ ˆ½Å ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅú ¬¸º£®¸¸ Proactive steps were taken in view of the security requirements ˆ½Å ¬¸¸˜¸-¬¸¸˜¸ ¬¸ž¸ú ©¸¸‰¸¸‚¸Ê Ÿ¸Ê ž¸¸¾¢÷¸ˆÅ ¬¸º£®¸¸ ¬¸¿£\¸›¸¸ œÏ™¸›¸ ˆÅ£›¸½ at the branches and for Bank’s staff and also for provisioning of ˆ½Å „Ó½©¡¸ ¬¸½ ¬¸¢ÇÅ¡¸ ˆÅ™Ÿ¸ „“¸‡ Š¸‡— ¡¸í ˆÅ¸¡¸Ä ‰¸÷¸£½ ˆÅú ¬¸¿ˆÅ¥œ¸›¸¸, physical security infrastructure at all branches. This was done ¨¸÷¸ÄŸ¸¸›¸ ‚œ¸£¸š¸ œ¸¢£´©¡¸, ‚œ¸£¸š¸ ˆ½Å ÷¸£úˆÅ¸Ê, ¤¸ÿˆÅ ”ˆ¾Å÷¸ú ˆÅú ˆÅ¸¡¸Ä after analysis of the threat perception, current crime scenario, crime pattern, modus operandi of bank robberies, the breaches œÏµ¸¸¥¸ú, ¬¸º£®¸¸ ž¸¿Š¸, ‚¸Š¸ ˆÅú ‹¸’›¸¸‚¸Ê ˆÅ¸ ¢¨¸©¥¸½«¸µ¸ ˆÅ£›¸½ ÷¸˜¸¸ ‡½¬¸ú of security and fire incidents besides equipping and training the œ¸¢£¦¬˜¸¢÷¸¡¸¸Ê ˆ½Å ¢¥¸‡ ¬¸º£®¸¸ ˆÅ¸¢Ÿ¸ÄˆÅ¸Ê ‡¨¸¿ ‚›¡¸ ¤¸ÿˆÅ ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅ¸½ ÷¸¾¡¸¸£ security personnel and other bank staff to counter any such ‡¨¸¿ œÏ¢©¸¢®¸÷¸ ˆÅ£›¸½ ˆ½Å ×¸£¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾— eventuality. 11. ¢›¸™½©¸ˆÅ¸Ê ˆÅú ¢]¸ŸŸ¸½™¸£ú ˆÅ¸ ˆÅ˜¸›¸ 11. DIRECTORS’ RESPONSIBILITY STATEMENT ¢›¸™½©¸ˆÅ œ¸º¦«’ ˆÅ£÷¸½ íÿ ¢ˆÅ ¢™›¸¸¿ˆÅ 31.03.2017 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ˆ½Å ¢¥¸‡ The Directors confirm that in the preparation of the annual ¨¸¸¢«¸ÄˆÅ ‰¸¸÷¸½ ÷¸¾¡¸¸£ ˆÅ£÷¸½ ¬¸Ÿ¸¡¸ À accounts for the year ended 31.03.2017:  ¡¸¢™ ˆÅ¸½ƒÄ Ÿ¸í÷¨¸œ¸»µ¸Ä ¢¨¸\¸¥¸›¸ íº‚¸ í¾ ÷¸¸½ „¬¸ˆÅ¸ „¢\¸÷¸ ¬œ¸«’úˆÅ£µ¸  The applicable accounting standards of the Institute of Chartered Accountants of India, have been followed ™½›¸½ ˆ½Å ¬¸¸˜¸ ž¸¸£÷¸ú¡¸ ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ ¬¸¿¬˜¸¸›¸ ˆ½Å ¥¸¸Š¸» ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ¸Ê along with proper explanation relating to material ˆÅ¸ œ¸¸¥¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸. departures, if any;  ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¥¸½‰¸¸ ›¸ú¢÷¸¡¸¸¿ ÷¸¾¡¸¸£  The accounting policies framed in accordance with the ˆÅú Š¸ƒÄ ‚¸¾£ „›¸ˆÅ¸½ ¬¸÷¸÷¸ ‚¸š¸¸£ œ¸£ ¥¸¸Š¸» ¢ˆÅ¡¸¸ Š¸¡¸¸. ¡¸¢™ ˆÅ¸½ƒÄ guidelines of the Reserve Bank of India, are consistently œ¸¢£¨¸÷¸Ä›¸ ¢ˆÅ‡ Š¸‡ ÷¸¸½ „›¸ˆÅ¸ „¢\¸÷¸ œÏˆÅ’›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. applied and proper disclosures are made for changes, if any;  ¢¨¸î¸ú¡¸ ¨¸«¸Ä ˆ½Å ‚¿÷¸ Ÿ¸Ê ¤¸ÿˆÅ ˆ½Å ˆÅ¸¡¸ÄˆÅ¥¸¸œ¸¸Ê ‚¸¾£ ¨¸«¸Ä ˆ½Å ¢¥¸‡ ¥¸¸ž¸ ˆÅú  Reasonable and prudent judgment and estimates were ¬¸íú ‚¸¾£ ¬¸÷¡¸ ¦¬˜¸¢÷¸ ™©¸¸Ä›¸½ ˆ½Å ¢¥¸‡ „¢\¸÷¸ ‚¸¾£ ¢¨¸¨¸½ˆÅœ¸»µ¸Ä ¢›¸µ¸Ä¡¸ made so as to give a true and fair view of the state of ¢¥¸‡ Š¸‡ ‚¸¾£ ‚›¸ºŸ¸¸›¸ ¥¸Š¸¸‡ Š¸‡. affairs of the Bank at the end of the financial year and  ž¸¸£÷¸ Ÿ¸Ê ¤¸ÿˆÅ¸Ê ˆÅ¸½ ©¸¸¢¬¸÷¸ ˆÅ£›¸½ ¨¸¸¥¸½ ¥¸¸Š¸» ˆÅ¸›¸»›¸¸Ê ˆ½Å œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å the profit of the Bank for the year. ‚›¸º¬¸¸£ œ¸¡¸¸Äœ÷¸ ¥¸½‰¸¸ ‚¢ž¸¥¸½‰¸ £‰¸›¸½ ˆ½Å ¢¥¸‡ „¢\¸÷¸ ‚¸¾£ œ¸¡¸¸Äœ÷¸  Proper and sufficient care was taken for maintenance ¬¸¸¨¸š¸¸›¸ú ¤¸£÷¸ú Š¸ƒÄ ‚¸¾£ of adequate accounting records in accordance with the  provisions of applicable laws governing banks, in India; ¬¸÷¸÷¸ ‚¸š¸¸£ œ¸£ ‰¸¸÷¸½ ÷¸¾¡¸¸£ ¢ˆÅ‡ Š¸‡. and 12. ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ Ÿ¸Ê œ¸¢£¨¸÷¸Ä›¸  The accounts have been prepared on a going concern  ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ Ÿ¸Ê ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ œ¸¢£¨¸÷¸Ä›¸ basis. íº‡À 12. CHANGES IN THE BOARD OF DIRECTORS  ªú £¸Ÿ¸™½¨¸ ‡¥¸. ¬¸¸¡¸™ú¨¸¸¥¸ ¢™›¸¸¿ˆÅ 20.07.2016 ¬¸½ ¤¸ÿˆÅ ˆ½Å  During the year 2016-17, the following changes took ¢›¸™½©¸ˆÅ œ¸™ œ¸£ ›¸íú¿ £í½— place in the Board of Directors:  ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ ˆÅ¸½ ˆÊÅÍ ¬¸£ˆÅ¸£ ×¸£¸ 26.07.2016 ¬¸½  Shri Ramdev L. Saydiwal, ceased to be the Director of ¢›¸™½©¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¡¸ºÆ÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸— the Bank w.e.f. 20.07.2016.   Shri Deendayal Agrawal was appointed as Director by ªú ¬¸¿]¸ú¨¸ ]¸¾›¸, ¢™›¸¸¿ˆÅ 18.08.2016 ¬¸½ ¤¸ÿˆÅ ˆ½Å ¢›¸™½©¸ˆÅ œ¸™ œ¸£ the Central Government w.e.f. 26.07.2016. ›¸íú¿ £í½—  Shri Sanjeev Jain, ceased to be the Director of the  ªú £¢¨¸¿Í œÏž¸¸ˆÅ£ Ÿ¸£¸“½ ˆÅ¸½ 26.09.2016 ¬¸½ ˆÊÅÍ ¬¸£ˆÅ¸£ ×¸£¸ ¤¸ÿˆÅ Bank w.e.f. 18.08.2016. ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ˆ½Å œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¡¸ºÆ÷¸ ¢ˆÅ¡¸¸  Shri Ravindra Prabhakar Marathe, was appointed as Š¸¡¸¸— MD & CEO of Bank of Maharashtra by the Central  ªú ¬¸º©¸ú¥¸ Ÿ¸ºí›¸¸½÷¸ ¢™›¸¸¿ˆÅ 26.09.2016 ¬¸½ ¤¸ÿˆÅ ˆ½Å ‚š¡¸®¸ ‡¨¸¿ Government w.e.f. 26.09.2016. œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ˆ½Å œ¸™ œ¸£ ›¸íú¿ £í½—  Shri Sushil Muhnot, ceased to be the CMD of the Bank w.e.f. 26.09.2016.  ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ ¢™›¸¸¿ˆÅ 31.10.2016 ¬¸½ ¤¸ÿˆÅ ˆ½Å ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ  Shri R. Athmaram ceased to be the Executive Director of ¢›¸™½©¸ˆÅ ˆ½Å œ¸™ œ¸£ ›¸íú¿ £í½— the Bank by the Central Government w.e.f. 31.10.2016.  ªú ‚¸¥¸½‰¸ ¬¸ú. £¸„÷¸ ˆÅ¸½ 31.03.2017 ¬¸½ ˆÊÅÍ ¬¸£ˆÅ¸£ ×¸£¸ ¤¸ÿˆÅ  Shri Alekh C. Rout was appointed as Executive ˆ½Å ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¡¸ºÆ÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸— Director of the Bank by the Central Government w.e.f. 31.03.2017.

27 Annual Report 2016-17

13. ¨¡¸¨¸¬¸¸¡¸ „î¸£™¸¢¡¸÷¨¸ ¦£œ¸¸½’Ä 13. Business Responsibility Report ¬¸½¤¸ú (¢¥¸¢¬’¿Š¸ ‚¢›¸¨¸¸¡¸Ä÷¸¸‡¿ ‚¸¾£ ¢¨¸Š¸¸½œ¸›¸ ‚¸¨¸©¡¸ˆÅ÷¸¸‡¿) ¢¨¸¢›¸Ÿ¸¡¸ As per the SEBI (Listing Obligations and Disclosure Requirements) 2015 ˆ½Å ‚›¸º¬¸¸£ ¤¸ÿˆÅ ˆÅú ¨¡¸¨¸¬¸¸¡¸ „î¸£™¸¢¡¸÷¨¸ ¦£œ¸¸½’Ä (¤¸ú‚¸£‚¸£) Regulations, 2015, Business Responsibility Report (BRR) 2016-17 of the Bank has been hosted on the Bank's website 2016-17 ¤¸ÿˆÅ ˆÅú ¨¸½¤¸¬¸¸ƒ’ www.bankofmaharashtra.in œ¸£ i.e www.bankofmaharashtra.in. Any member interested in œÏ™¢©¸Ä÷¸ ˆÅú Š¸ƒÄ í¾. ƒ¬¸ˆÅú ž¸¸¾¢÷¸ˆÅ œÏ¢÷¸ œÏ¸œ÷¸ ˆÅ£›¸½ ˆ½Å ƒ\ŽºˆÅ ¬¸™¬¡¸ ¤¸ÿˆÅ obtaining a physical copy of same may write to the Company ˆ½Å ˆ¿Åœ¸›¸ú ¬¸¢\¸¨¸ ˆÅ¸½ ¢¥¸‰¸ ¬¸ˆÅ÷¸½ íÿ— Secretary of the Bank. 14. ACKNOWLEDGEMENTS 14. ‚¸ž¸¸£ The Board of Directors wishes to express sincere gratitude ¤¸ÿˆÅ ˆ½Å ¬¸¨¸¸ôŠ¸úµ¸ ¢¨¸ˆÅ¸¬¸ í½÷¸º ž¸¸£÷¸ ¬¸£ˆÅ¸£, ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ, to the Government of India, the Reserve Bank of India, the ž¸¸£÷¸ú¡¸ œÏ¢÷¸ž¸»¢÷¸ ‚¸¾£ ¢¨¸¢›¸Ÿ¸¡¸ ¤¸¸½”Ä, ¤¸úŸ¸¸ ¢¨¸¢›¸¡¸¸Ÿ¸ˆÅ ‚¸¾£ ¢¨¸ˆÅ¸¬¸ Securities and Exchange Board of India, Insurance Regulatory œÏ¸¢š¸ˆÅ£µ¸, ž¸¸£÷¸ú¡¸ ¤¸ÿˆÅ ¬¸¿‹¸ ÷¸˜¸¸ ¬’¸ÁˆÅ ‡Æ¬¸\¸Ê]¸¸Ê ‚¸¾£ ¬¸ú”ú‡¬¸‡¥¸ and Development Authority, Indian Banks’ Association ¬¸½ œÏ¸œ÷¸ Ÿ¸»¥¡¸¨¸¸›¸ Ÿ¸¸Š¸Ä™©¸Ä›¸ ‡¨¸¿ ¬¸Ÿ¸˜¸Ä›¸ ˆ½Å ¢¥¸‡ ÷¸˜¸¸ ŠÏ¸íˆÅ¸Ê ¨¸ ©¸½¡¸£ and Stock Exchanges and CDSL for their valuable advice and support; to the customers and shareholders for their š¸¸£ˆÅ¸Ê ×¸£¸ ¢™‡ Š¸‡ œÏª¡¸, œÏ¢÷¸¢›¸¢š¸¡¸¸Ê ‚¸¾£ ¬¸í¡¸¸½¢Š¸¡¸¸Ê ×¸£¸ ¢™‡ patronage; to the correspondents and associates for their co- Š¸‡ ¬¸í¡¸¸½Š¸ ‚¸¾£ "Ÿ¸í¸¤¸ÿˆÅ œ¸¢£¨¸¸£" ˆ½Å ¬¸ž¸ú ˆÅŸ¸Ä\¸¸¢£¡¸¸Ê ˆÅú ¬¸Ÿ¸¢œ¸Ä÷¸ operation and to all the members of staff of “Mahabank Family” œÏ¢÷¸¤¸š™÷¸¸ ‚¸¾£ ¡¸¸½Š¸™¸›¸ ˆ½Å œÏ¢÷¸ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆ¼Å÷¸±¸÷¸¸œ¸»¨¸ÄˆÅ ‚¸ž¸¸£ for their unstinted commitment and contribution to the overall ¨¡¸Æ÷¸ ˆÅ£÷¸¸ í¾. development of the Bank. ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆ½Å ¢¥¸‡ ‚¸¾£ „›¸ˆÅú ‚¸½£ ¬¸½ For and on behalf of the Board of Directors

Place : Pune (R.P. Marathe) ¬˜¸¸›¸ : œ¸ºµ¸½ (‚¸£. œ¸ú. Ÿ¸£¸“½ ) Date : 4 May, 2017 Managing Director and CEO ¢™›¸¸¿ˆÅ À 4 Ÿ¸ƒÄ, 2017 œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½

28 Jeeef

¨¸«¸Ä 2016-17 ˆ½Å ¢¥¸‡ ˆÅ¸Áœ¸¸½Ä£½’ Š¸¨¸›¸½Ä›¬¸ Corporate Governance for the year 2016-17 1. ˆ¿Åœ¸›¸ú ‚¢ž¸©¸¸¬¸›¸ (ˆÅ¸œ¸¸½Ä£½’ Š¸¨¸›¸½Ä›¬¸) œ¸£ ¤¸ÿˆÅ ˆÅ¸ ™©¸Ä›¸: 1. Bank’s philosophy on Corporate Governance: ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ˆ¿Åœ¸›¸ú ‚¢ž¸©¸¸¬¸›¸ (ˆÅ¸œ¸¸½Ä£½’ Š¸¨¸›¸½Ä›¬¸) ˆÅú ¬¸¿ˆÅ¥œ¸›¸¸ ¨¸ Ÿ¸í÷¨¸ Bank of Maharashtra recognizes the principles and importance of Corporate Governance and has been complying with not ˆÅ¸½ Ÿ¸¸›¡¸÷¸¸ ™½÷¸¸ í¾— ¤¸ÿˆÅ ›¸ ˆ½Å¨¸¥¸ ¬¸¿¨¸¾š¸¸¢›¸ˆÅ ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸½¿ ˆÅ¸ œ¸¸¥¸›¸ ˆÅ£÷¸¸ í¾, only the statutory requirements, but also has voluntarily ‚¢œ¸÷¸º ¬¨¸¾¢\ŽˆÅ ³Åœ¸ ¬¸½ ¬¸º´[ ˆ¿Åœ¸›¸ú ‚¢ž¸©¸¸¬¸›¸ ˆÅ¸œ¸¸½Ä£½’ Š¸¨¸›¸½Ä›¬¸) œÏ˜¸¸‚¸½¿ ˆÅ¸½ formulated and adhered to a set of strong Corporate ÷¸¾¡¸¸£ ˆÅ£ „›¸ˆÅ¸ œ¸¸¥¸›¸ ˆÅ£÷¸¸ í¾— ©¸½¡¸£š¸¸£ˆÅ¸Ê, ŠÏ¸íˆÅ¸Ê, ¬¸£ˆÅ¸£ ‚¸¾£ ¬¸Ÿ¸ŠÏ ³Åœ¸ Governance practices. The Bank has always strived hard ¬¸½ ¬¸Ÿ¸¸]¸ ¬¸¢í÷¸ ¬¸ž¸ú ¢í÷¸š¸¸£ˆÅ¸Ê ˆ½Å ¢í÷¸¸Ê ˆÅú £®¸¸ ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ íŸ¸½©¸¸ í£¬¸¿ž¸¨¸ to best serve the interest of all its stakeholders including œÏ¡¸¸¬¸ ˆÅ£÷¸¸ í¾— ˆ¿Åœ¸›¸ú ‚¢ž¸©¸¸¬¸›¸ ˆÅ¸œ¸¸½Ä£½’ Š¸¨¸›¸½Ä›¬¸) œ¸£ ¤¸ÿˆÅ ˆÅ¸ ™©¸Ä›¸ í¾ Shareholders, Customers, Government and Society at large. ( The Bank’s philosophy on Corporate Governance is to bestow ¢ˆÅ ¬¸ž¸ú ¬÷¸£¸Ê œ¸£ œ¸¸£™¢©¸Ä÷¸¸, ¢]¸ŸŸ¸½™¸£ú ‚¸¾£ ›¡¸¸¡¸¬¸¿Š¸÷¸÷¸¸ ˆ½Å „÷ˆ¼Å«’ Ÿ¸¸›¸ˆÅ high standard of transparency, fairness and accountability ¬˜¸¸¢œ¸÷¸ ˆÅ£›¸¸ ‚¸¾£ ¨¡¸¨¸¬¸¸¢¡¸ˆÅ÷¸¸, ¬¸¸Ÿ¸¸¢]¸ˆÅ ˆÅ¸¡¸¸½ô ˆ½Å œÏ¢÷¸ œÏ¢÷¸¬¸¸™, “¸½¬¸ for performance at all levels and to ensure and achieve ¨¡¸¸œ¸¸¢£ˆÅ œÏ˜¸¸‡¿ ‚¸¾£ œ¸¢£\¸¸¥¸›¸Š¸÷¸ ˆºÅ©¸¥¸÷¸¸ ˆ½Å ×¸£¸ ‚¢š¸ˆÅ÷¸Ÿ¸ Š¸ºµ¸¨¸î¸¸ ˆÅ¸½ excellence through professionalism, social responsiveness, ¬¸º¢›¸¢ä¸÷¸ ˆÅ£›¸¸— íŸ¸¸£½ ¡¸½ ˆÅ¸¡¸Ä ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆ½Å Ÿ¸»¥¡¸ ˆÅ¸½ ‚¢š¸ˆÅ¸¢š¸ˆÅ ¬¸¿¨¸¢š¸Ä÷¸ sound business practices and optimum efficiency. This in turn ˆÅ£›¸½ ‚¸¾£ ¢í÷¸š¸¸£ˆÅ¸Ê ˆ½Å ¢í÷¸¸Ê ˆÅú £®¸¸ ˆÅ£›¸½ í½÷¸º ¤¸ÿˆÅ ˆÅ¸½ ˆÅ¸£¸½¤¸¸£ ˆ½Å „\\¸ Ÿ¸¸›¸ˆÅ enables the Bank to maintain a high level of business ethics to maximize the shareholders’ value and to protect their interest. ¤¸›¸¸‡ £‰¸›¸½ Ÿ¸Ê ¬¸®¸Ÿ¸ ¤¸›¸¸÷¸½ íÿ— 2. Board of Directors: 2. ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ 2.1. The composition of the Board is governed by the provisions 2.1 ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅ¸ ¬¸¿¢Ÿ¸ª ¤¸ÿ¢ˆ¿ÅŠ¸ ˆ¿Åœ¸›¸ú]¸ („œ¸ÇÅŸ¸¸Ê ˆÅ¸ ‚¢š¸ŠÏíµ¸ ‚¸¾£ ‚¿÷¸£µ¸) of the Banking Companies (Acquisition and Transfer of ‚¢š¸¢›¸¡¸Ÿ¸ 1970, ¤¸ÿ¢ˆ¿ÅŠ¸ ¢¨¸¢›¸¡¸Ÿ¸›¸ ‚¢š¸¢›¸¡¸Ÿ¸ 1949 ‚¸¾£ £¸«’ïú¡¸ˆ¼Å÷¸ ¤¸ÿˆÅ Undertakings) Act, 1970, Banking Regulation Act, 1949 (œÏ¤¸¿š¸›¸ ‚¸¾£ ¢¨¸¢¨¸š¸ œÏ¸¨¸š¸¸›¸) ¡¸¸½]¸›¸¸ 1970 ˆ½Å ¬¸Ÿ¸¡¸-¬¸Ÿ¸¡¸ œ¸£ ¬¸¿©¸¸½¢š¸÷¸ and Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, as amended from time to time. œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ©¸¸¢¬¸÷¸ í¸½÷¸¸ í¾— ¤¸ÿ¢ˆ¿ÅŠ¸ ˆ¿Åœ¸›¸ú]¸ („œ¸ÇÅŸ¸¸Ê ˆÅ¸ ‚¢š¸ŠÏíµ¸ ‚¸¾£ ‚¿÷¸£µ¸) ‚¢š¸¢›¸¡¸Ÿ¸ 1970 ˆÅú š¸¸£¸ 2.2 In terms of Section 7(2) of the Banking Companies 2.2 (Acquisition and Transfer of Undertakings) Act 1970, the 7(2) ˆÅú ©¸÷¸¸½ô ˆ½Å ‚›¸º¬¸¸£ ¤¸ÿˆÅ ˆ½Å ˆÅ¸£¸½¤¸¸£ ˆ½Å ¬¸¸Ÿ¸¸›¡¸ œ¸¡¸Ä¨¸½®¸µ¸, ¢›¸™½©¸›¸ ‚¸¾£ general superintendence, direction and management of the œÏ¤¸¿š¸›¸ ˆÅ¸ ‚¢š¸ˆÅ¸£ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆ½Å œ¸¸¬¸ í¸½÷¸¸ í¾— ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆ½Å „î¸£™¸¢¡¸÷¨¸¸Ê business of the Bank vest with the Board of Directors. The Ÿ¸Ê ©¸¸¢Ÿ¸¥¸ í¾ - ›¸ú¢÷¸¡¸¸¿ ÷¸¾¡¸¸£ ˆÅ£›¸¸, ›¸ƒÄ œ¸í¥¸ ˆÅ£›¸¸, ˆÅ¸¡¸Ä ¢›¸«œ¸¸™›¸ ˆÅú ¬¸Ÿ¸ú®¸¸ responsibilities of the Board include formulation of policies, ˆÅ£›¸¸ ‚¸¾£ ¤¸ÿˆÅ ×¸£¸ ¢ˆÅ‡ Š¸‡ ¢¨¸¢›¸¡¸¸Ÿ¸ˆÅ ¨¸ ¬¸¸¿¢¨¸¢š¸ˆÅ ‚›¸ºœ¸¸¥¸›¸ ˆÅ¸ œ¸¡¸Ä¨¸½®¸µ¸ new initiatives, performance review, and supervision over ˆÅ£›¸¸, ¤¸ÿˆÅ ˆ½Å ¢¨¸¢ž¸››¸ œÏ¸¢š¸ˆÅ¸¢£¡¸¸Ê ˆÅ¸½ œÏ÷¡¸¸¡¸¸½¢]¸÷¸ ‚¢š¸ˆÅ¸£¸Ê ˆÅ¸ œÏ÷¡¸¸¡¸¸½]¸›¸ Regulatory and Statutory compliances of the Bank, delegating financial powers to various functionaries and exercising overall ˆÅ£›¸¸ ‚¸¾£ ¤¸ÿˆÅ ˆ½Å ¢¨¸¢ž¸››¸ ˆÅ¸¡¸ÄŸ¸»¥¸ˆÅ œÏ¸¢š¸ˆÅ¸¢£¡¸¸Ê ˆÅ¸½ œÏ÷¡¸¸¡¸¸½¢]¸÷¸ ‚¢š¸ˆÅ¸£¸Ê ˆ½Å supervision, according financial sanctions beyond the powers ¤¸¸í£ ™ú Š¸ƒÄ ¢¨¸î¸ú¡¸ Ÿ¸¿]¸»¢£¡¸¸Ê ˆÅ¸ ‚›¸ºŸ¸¸½™›¸ ˆÅ£ ¬¸Ÿ¸ŠÏ œ¸¡¸Ä¨¸½®¸µ¸ ˆÅ£›¸¸— delegated to various functional authorities of the Bank. 31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ ¤¸ÿˆÅ ˆ½Å ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¬¸¿£\¸›¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ ˜¸úÀ The composition of Board of Directors of the Bank as on 31st March, 2017 is as under:

‚. ›¸¸Ÿ¸ š¸¸¢£÷¸ œ¸™ 31.03.2017 ¤¸ÿˆÅ ˆÅú „œ¸- ‚›¡¸ ‚›¡¸ ‚ž¡¸º¢Æ÷¸¡¸¸¿ (¤¸ÿˆÅ Ÿ¸Ê/‚›¡¸ ˆ¿Åœ¸¢›¸¡¸¸Ê Ÿ¸Ê ÇÅ. Name Position held ˆÅ¸½ š¸¸¢£÷¸ ¬¸¢Ÿ¸¢÷¸¡¸¸Ê ˆÅú ˆ¿Åœ¸¢›¸¡¸¸Ê ˆ¿Åœ¸¢›¸¡¸¸Ê ¢›¸¡¸º¢Æ÷¸ ˆÅ¸ ¬¨¸³Åœ¸) Sr. ¤¸ÿˆÅ ©¸½¡¸£¸Ê / ¬¸™¬¡¸÷¸¸ ‚˜¸¸Ä÷¸ ¤¸ÿˆÅ ˆ½Å ¢›¸™½©¸ˆÅ Remarks (nature of appointment in the Bank / other Companies) No. œ¸¢£¨¸÷¸Ä›¸ú¡¸ No. of ¬¸½ ‚¢÷¸¢£Æ÷¸ Ÿ¸¿”¥¸¸Ê member ¢¥¸¢‰¸÷¸¸Ê ˆÅú ship in Sub Ÿ¸Ê ¢›¸™½©¸ˆÅ ˆÅú „œ¸- ¬¸¿‰¡¸¸ Commit- œ¸™¸Ê ˆÅú ¬¸¢Ÿ¸¢÷¸¡¸¸Ê ˆÅú No. of tees of the ¬¸¿‰¡¸¸ ¬¸™¬¡¸÷¸¸/ equity shares/ Bank No. of convertible ‚š¡¸®¸÷¸¸ Director- No. of instruments ship held of the Bank Member- in other ship/ held as on Companies 31.03.2017 Chairman- i.e. Other ship held in than the Sub Com- Bank mittees of the Board in Other Companies 1 ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ©¸»›¡¸ 11 ©¸»›¡¸ ©¸»›¡¸ ˆ½Å›Í ¬¸£ˆÅ¸£ ×¸£¸ ¢™›¸¸¿ˆÅ 26.09.2016 ¬¸½ ¤¸ÿˆÅ Shri R.P.Marathe ¬¸úƒÄ‚¸½ NIL 11 NIL NIL ˆ½Å œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¡¸ºÆ÷¸ Managing Director & ¢ˆÅ‡ Š¸‡ CEO Appointed as the Managing Director & CEO of the Bank w.e.f. 26.09.2016 by the Central Government.

29 Annual Report 2016-17

2 ªú ‚¸£. ˆ½Å. Š¸ºœ÷¸¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ ©¸»›¡¸ 13 01 ©¸»›¡¸ ˆ½Å›Í ¬¸£ˆÅ¸£ ×¸£¸ ¢™›¸¸¿ˆÅ 31.12.2013 ¬¸½ ¤¸ÿˆÅ Shri. R.K. Gupta Executive Director NIL 13 01 NIL ˆ½Å ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¡¸ºÆ÷¸ ¢ˆÅ‡ Š¸‡. ¨¸½ Ÿ¸í¸£¸«’ï ‡Æ]¸úÆ¡¸»’£ ‡µ” ’ï¬’ú ˆ¿Åœ¸›¸ú œÏ¸. ¢¥¸. ˆ½Å ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆ½Å ‚š¡¸®¸ ž¸ú í¾¿. Appointed as the Executive Director w.e.f. 31.12.2013 by the Central Government. He is also the Chairman of the Board of the Maharashtra Executor and Trustee Company Pvt. Ltd. 3. ªú ‡. ¬¸ú. £¸„÷¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ ©¸»›¡¸ 12 ©¸»›¡¸ ©¸»›¡¸ ˆ½Å›Í ¬¸£ˆÅ¸£ ×¸£¸ ¢™›¸¸¿ˆÅ 31.03.2017 ¬¸½ ¤¸ÿˆÅ Shri A.C.Rout Executive Director NIL 12 Nil NIL ˆ½Å ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¡¸ºÆ÷¸ ¢ˆÅ‡ Š¸‡. Appointed as the Executive Director w.e.f. 31.03.2017 by the Central Government. 4 ªú ‚÷¸ú©¸ ¢¬¸¿í ¢›¸™½©¸ˆÅ (Š¸¾£- ©¸»›¡¸ 07 02 ©¸»›¡¸ ˆ½Å›Í ¬¸£ˆÅ¸£ ×¸£¸ 20.07.2012 ¬¸½½ ¢›¸™½©¸ˆÅ ˆ½Å Shri Ateesh Singh ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ) ž¸¸£÷¸ NIL 07 02 NIL ³Åœ¸ Ÿ¸Ê ›¸¸¢Ÿ¸÷¸ ¢ˆÅ‡ Š¸‡. ‚¸œ¸ ]¸ŸŸ¸» ¨¸ ˆÅ©Ÿ¸ú£ ¬¸£ˆÅ¸£ ×¸£¸ ›¸¸¢Ÿ¸÷¸ ¢¨¸ˆÅ¸¬¸ ¢¨¸î¸ ¢›¸Š¸Ÿ¸ ¢¥¸¢Ÿ¸’½” ÷¸˜¸¸ ¢¬¸¿\¸¸ƒÄ ¨¸ ]¸¥¸ Director(Non-Exec- ¬¸¿¬¸¸š¸›¸ ¢¨¸î¸ ¢›¸Š¸Ÿ¸ ¢¥¸¢Ÿ¸’½” ˆ½Å ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ utive) Government Nominee Ÿ¸Ê ¢›¸™½©¸ˆÅ íÿ. Nominated as a Director w.e.f. 20.07.2012 by the Central Government. He is Director on the Board of Jammu & Kashmir De- velopment Finance Corporation Limited & Irrigation and Water Resources Finance Corporation Limited. 5 ªú ]¸ú. ªúˆºÅŸ¸¸£ ¢›¸™½©¸ˆÅ (Š¸¾£- ©¸»›¡¸ 05 ©¸»›¡¸ ©¸»›¡¸ ˆ½Å›Í ¬¸£ˆÅ¸£ ×¸£¸ 10.06.2014 ¬¸½ ¢›¸™½©¸ˆÅ ˆ½Å Shri G. Sreekumar ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ) ž¸¸£÷¸ú¡¸ NIL 05 NIL NIL ³Åœ¸ Ÿ¸Ê ›¸¸¢Ÿ¸÷¸ ¢ˆÅ‡ Š¸‡. ¢£{¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ›¸¸¢Ÿ¸÷¸ Nominated as a Director w.e.f. 10.06.2014 Director (Non-Execu- by the Central Government. tive) RBI Nominee 6 ªú œÏ½Ÿ¸\¸¿Í ‚Ÿ¸¸½¥¸ˆÅ\¸¿™ ¬¸½“ú ¢›¸™½©¸ˆÅ 200 08 02 ©¸»›¡¸ ¢™›¸¸¿ˆÅ 27.06.2014 ¬¸½ ©¸½¡¸£š¸¸£ˆÅ ¢›¸™½©¸ˆÅ Shri Premchandra Amolak- (Š¸¾£- ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ) 200 08 02 NIL ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¨¸¸Ä¢\¸÷¸ ¢ˆÅ‡ Š¸‡. ¨¸½ ‚¸£÷¸ú chand Sethi ©¸½¡¸£š¸¸£ˆÅ œÏ¢÷¸¢›¸¢š¸ ƒ¿”¬’ïú]¸ ¢¥¸¢Ÿ¸’½” ‚¸¾£ œÏ¸½-]¸ú ‡ŠÏ¸½ œÏ¸ƒ¨¸½’ Director (Non-Exec- ¢¥¸¢Ÿ¸’½” ˆ½Å ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ Ÿ¸Ê ž¸ú ¢›¸™½©¸ˆÅ íÿ. utive ) Representing Elected as Shareholder Director w.e.f. Shareholders 27.06.2014. He is also Director on the Board of Aarti Industries Ltd. and Pro- G Agro Pvt. Ltd. 7 ªú ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ ¢›¸™½©¸ˆÅ 100 05 01 ©¸»›¡¸ ¢™›¸¸¿ˆÅ 30.06.2015 ¬¸½ ©¸½¡¸£š¸¸£ˆÅ ¢›¸™½©¸ˆÅ Shri R. (Š¸¾£- ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ) 100 05 01 NIL ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¨¸¸Ä¢\¸÷¸ ¢ˆÅ‡ Š¸‡. ¨¸½ ¢’”½¥¸ œ¸¸ˆÄÅ Thamodharan ©¸½¡¸£š¸¸£ˆÅ œÏ¢÷¸¢›¸¢š¸ ¢¥¸¢Ÿ¸’½” ˆ½Å ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ Ÿ¸Ê ›¸¸¢Ÿ¸÷¸ ¢›¸™½©¸ˆÅ íÿ Director (Non-Exec- ‚¸¾£ ž¸¸£÷¸ú¡¸ ]¸ú¨¸›¸ ¤¸úŸ¸¸ ¢›¸Š¸Ÿ¸ ˆÅ¸ œÏ¢÷¸¢›¸¢š¸÷¨¸ utive ) Representing Shareholders ˆÅ£÷¸½ í¾¿. Elected as Shareholder Director w.e.f. 30.06.2015. He is Nominee Director on the Board of Tidel Park Ltd., representing LIC of India 8 ”¸Á. ‚\¸Ä›¸¸ £¢¨¸›Í£¸¡¸ ¢›¸™½©¸ˆÅ ©¸»›¡¸ 05 ©¸»›¡¸ ©¸»›¡¸ ˆ½Å›Í ¬¸£ˆÅ¸£ ×¸£¸ 28.01.2016 ¬¸½ ¢›¸™½©¸ˆÅ š¸¸½¥¸¢ˆÅ¡¸¸ (Š¸¾£- ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ) NIL 05 NIL NIL ˆ½Å ³Åœ¸ Ÿ¸Ê ›¸¸¢Ÿ¸÷¸ ˆÅú Š¸ƒô. Dr. Archana Ravindrarai Director (Non-Exec- Nominated as a Director w.e.f. 28.01.2016 Dholakia utive) by the Central Government. 9 ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ ¢›¸™½©¸ˆÅ ©¸»›¡¸ 06 04 ©¸»›¡¸ ˆ½Å›Í ¬¸£ˆÅ¸£ ×¸£¸ 26.07.2016 ¬¸½ ¢›¸™½©¸ˆÅ 06 Shri Deendayal Agrawal (Š¸¾£- ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ) NIL 04 NIL ˆ½Å ³Åœ¸ Ÿ¸Ê ›¸¸¢Ÿ¸÷¸ ¢ˆÅ‡ Š¸‡. ¨¸½ ûÅ¸½£ ûÅ¸„¿”½©¸›¸ Director (Non-Exec- ˆ½Å ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ Ÿ¸Ê ¢›¸™½©¸ˆÅ íÿ. utive) Nominated as a Director w.e.f. 26.07.2016 by the Central Government. He is Director on the Board of Four Foundations.

30 Jeeef

2.3 ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅú ¢›¸¡¸º¢Æ÷¸/‚¨¸¬¸¸›¸ 2.3 Appointment / Cessation of Directors during the year 2016-17:  ªú £¸Ÿ¸™½¨¸ ‡¥¸. ¬¸¸¡¸™ú¨¸¸¥¸ ¢™›¸¸¿ˆÅ 20.07.2016 ¬¸½ ¤¸ÿˆÅ ˆ½Å ¢›¸™½©¸ˆÅ œ¸™ œ¸£ ›¸íú¿  Shri. Ramadev L. Saydiwal, ceased to be the Director of the £í½— Bank w.e.f 20.07.2016.  ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ ˆÅ¸½ ˆÊÅÍ ¬¸£ˆÅ¸£ ×¸£¸ 26.07.2016 ¬¸½ ¢›¸™½©¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê  Shri Deendayal Agrawal was appointed as Director by the ¢›¸¡¸ºÆ÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸— Central Government w.e.f 26.07.2016.  ªú ¬¸¿]¸ú¨¸ ]¸¾›¸, ¢™›¸¸¿ˆÅ 18.08.2016 ¬¸½ ¤¸ÿˆÅ ˆ½Å ¢›¸™½©¸ˆÅ œ¸™ œ¸£ ›¸íú¿ £í½—  Shri. Sanjeev Jain, ceased to be the Director of the Bank w.e.f 18.08.2016.  ªú £¢¨¸¿Í œÏž¸¸ˆÅ£ Ÿ¸£¸“½ ˆÅ¸½ 26.09.2016 ¬¸½ ˆÊÅÍ ¬¸£ˆÅ¸£ ×¸£¸ ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ˆ½Å œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¡¸ºÆ÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸—  Shri Ravindra Prabhakar Marathe, was appointed as MD & CEO of Bank of Maharashtra by the Central Government w.e.f  ªú ¬¸º©¸ú¥¸ Ÿ¸ºí›¸¸½÷¸ ¢™›¸¸¿ˆÅ 26.09.2016 ¬¸½ ¤¸ÿˆÅ ˆ½Å ‚š¡¸®¸ ‡¨¸¿ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ˆ½Å 26.09.2016. œ¸™ œ¸£ ›¸íú¿ £í½—  Shri Sushil Muhnot, ceased to be the CMD of the Bank w.e.f  ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ ¢™›¸¸¿ˆÅ 31.10.2016 ¬¸½ ¤¸ÿˆÅ ˆ½Å ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ ˆ½Å œ¸™ 26.09.2016. œ¸£ ›¸íú¿ £í½—  Shri. R. Athmaram, ceased to be the Executive Director of the  ªú ‚¸¥¸½‰¸ ¬¸ú. £¸„÷¸ ˆÅ¸½ 31.03.2017 ¬¸½ ˆÊÅÍ ¬¸£ˆÅ¸£ ×¸£¸ ¤¸ÿˆÅ ˆ½Å ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ Bank w.e.f 31.10.2016. ¢›¸™½©¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¡¸ºÆ÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸—  Shri Alekh C. Rout was appointed as Executive Director of the Bank by the Central Government w.e.f 31.03.2017. 2.4 ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¢›¸¡¸ºÆ÷¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅú œÏ¸½ûöÅ¸ƒ¥¸ 2.4.1 ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ 2.4 Profile of Directors appointed during the financial year 2016-17: ›¸¸Ÿ¸ ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ 2.4.1 Shri Deendayal Agrawal œ¸÷¸¸ ¤¸ú-1202, ŠÏ¸„¿” É¥¸¸½£, Æ¥¸¸¢¬¸ˆÅ £½¬’¸Á£Ê’ ˆ½Å Name Shri Deendayal Agrawal œ¸¸¬¸, ©¸¸¬°¸ú ›¸Š¸£, ¢™¥¥¸ú - 110052 ]¸›Ÿ¸ ¢™›¸¸¿ˆÅ 08.06.1968 Address B-1202, Ground Floor, Near Classic Restaurant, Shastri Nagar, Delhi – 110 052 ‚¸¡¸º 49 ¨¸«¸Ä Date of Birth 08.06.1968 ©¸¾®¸¢µ¸ˆÅ ¡¸¸½Š¡¸÷¸¸ ¤¸ú.ˆÅ¸ÁŸ¸., ¬¸ú‡ Age 49 years ¢›¸™½©¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ‚¿©¸ˆÅ¸¢¥¸ˆÅ Š¸¾£-‚¸¢š¸ˆÅ¸¢£ˆÅ ¢›¸™½©¸ˆÅ ¢›¸¡¸º¢Æ÷¸ ˆÅ¸ ¬¨¸³Åœ¸ Qualification B.Com, CA ‚›¸ºž¸¨¸ Nature of Part time non-official Director ‚¸œ¸ˆÅ¸½ ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ ˆ½Å ³Åœ¸ Ÿ¸Ê 21 ¨¸«¸¸½ô appointment ¬¸½ ‚¢š¸ˆÅ ˆÅ¸ ‚›¸ºž¸¨¸ í¾. ¨¸½ œÏ¾¦Æ’¢¬¸¿Š¸ as Director ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ ûÅŸ¸Ä Ÿ¸½¬¸¬¸Ä ¬¸¾Ÿ¸¬¸Ê” ‡¿” Experience He is having more than 21 years of ‡¬¸¸½¢¬¸‡’Ã¬¸, ¢™¥¥¸ú ˆ½Å ¨¸¢£«“ ž¸¸Š¸ú™¸£ experience as Chartered Accountant. He is the Senior Partner of the Practicing Chartered íÿ. ‚¸œ¸ˆÅ¸½ ¬¸¸¿¢¨¸¢š¸ˆÅ ¥¸½‰¸¸œ¸£ú®¸¸, ˆÅ£¸š¸¸›¸, Accountants Firm i.e. M/s. Samsand & ‚¸¿÷¸¢£ˆÅ ¥¸½‰¸¸œ¸£ú®¸¸, œÏ¤¸¿š¸ ¥¸½‰¸¸œ¸£ú®¸¸, Associates, Delhi. Possess a rich experience œÏ÷¡¸®¸ ¨¸ ‚œÏ÷¡¸®¸ ˆÅ£ Ÿ¸¸Ÿ¸¥¸¸Ê, ‚¸¢˜¸ÄˆÅ in Statutory Audit, Taxation, Internal Audit, Management Audit, Direct and Indirect tax ¨¸ œ¸»¿]¸ú ¤¸¸]¸¸£ Ÿ¸ºÓ¸Ê ƒ÷¡¸¸¢™ ˆÅ¸ ¬¸Ÿ¸¼Ö matters, Economic and Capital Market issues ‚›¸ºž¸¨¸ í¾. etc., 26.07.2016 ¬¸½ ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ˆ½Å Appointed as Director of Bank of Maharashtra w.e.f 26.07.2016. ¢›¸™½©¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¡¸ºÆ÷¸ Directorship He is Director on the Board of Jaladhikar ‚›¡¸ ˆ¿Åœ¸¢›¸¡¸¸Ê Ÿ¸Ê ¨¸½ ]¸¥¸¸¢š¸ˆÅ¸£ ûÅ¸„¿”½©¸›¸, ‚¸©¸¸ ‚¸ˆÅ¸¿®¸¸ or Foundation, Asha Akankshka Foundation, ¢›¸™½©¸ˆÅ ‚˜¸¨¸¸ ûÅ¸„¿”½©¸›¸, ¬¸ú‡¬¸‚¸£ ¢£¬¸\¸Ä ûÅ¸„¿”½©¸›¸ ‚¸¾£ Committee CSR Research Foundation and Gaumata ¬¸¢Ÿ¸¢÷¸ ˆ½Å œ¸™ Š¸¸¾Ÿ¸¸÷¸¸ ûÅ¸„¿”½©¸›¸ ˆ½Å ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ Ÿ¸Ê Positions Foundation. held in other š¸¸£µ¸ ˆÅú ¦¬˜¸¢÷¸ ¢›¸™½©¸ˆÅ í¿¾. Companies 2.4.2 ªú £¢¨¸¿Í œ¸ú. Ÿ¸£¸“½ 2.4.2 Shri Ravindra P. Marathe ›¸¸Ÿ¸ ªú £¢¨¸¿Í œ¸ú. Ÿ¸£¸“½ Name Shri Ravindra P. Marathe œ¸÷¸¸ ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï, `¥¸¸½ˆÅŸ¸¿Š¸¥¸', 1501, ¢©¸¨¸¸]¸ú›¸Š¸£, œ¸ºµ¸½ - 411005 ]¸›Ÿ¸ ¢™›¸¸¿ˆÅ 17.11.1958 Address Bank of Maharashtra, ‘Lokmangal’, 1501, Shivajinagar Pune - 411 005. ‚¸¡¸º 58 ¨¸«¸Ä Date of Birth 17.11.1958 ©¸¾®¸¢µ¸ˆÅ ¡¸¸½Š¡¸÷¸¸ ‡Ÿ¸.‡. (‚˜¸Ä©¸¸¬°¸), ¬¸ú‡‚¸ƒÄ‚¸ƒÄ¤¸ú ÷¸˜¸¸ ’ï½]¸£ú, ¢›¸¨¸½©¸ Age 58 years ‚¸¾£ ]¸¸½¢‰¸Ÿ¸ œÏ¤¸¿š¸›¸ Ÿ¸Ê ¢”œ¥¸¸½Ÿ¸¸ (‚¸ƒÄ‚¸ƒÄ¤¸ú‡ûÅ) ƒ¬¸ˆ½Å Qualification M.A. (Economics), CAIIB and Diploma in ‚¢÷¸¢£Æ÷¸ ˆÅŸœ¡¸»’£ ‡¦œ¥¸ˆ½Å©¸›¸ Ÿ¸½¿ ¬¸¢’Ä¢ûÅˆ½Å’ Treasury, Investment & Risk Management (IIBF) besides a Certificate in Computer Applications

31 Annual Report 2016-17

¢›¸™½©¸ˆÅ ˆ½Å ³Åœ¸ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ Ÿ¸º‰¡¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ‚¢š¸ˆÅ¸£ú Nature of Managing Director and Chief Executive officer appointment Ÿ¸Ê ¢›¸¡¸º¢Æ÷¸ ˆÅú as Director œÏˆ¼Å¢÷¸ ‚›¸ºž¸¨¸ ªú £¢¨¸¿Í œ¸ú. Ÿ¸£¸“½ ˆÅ¸½ ˆÅ¸Áœ¸¸½Ä£½’ £µ¸›¸ú¢÷¸ˆÅ ‚¸¡¸¸½]¸›¸¸, Experience Shri Ravindra P. Marathe, has over 35 years †µ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸, ˆÅ¸¡¸Ä¢›¸«œ¸¸™›¸ ¤¸]¸¢’¿Š¸, ‚¸¢˜¸ÄˆÅ ‚›¸º¬¸¿š¸¸›¸, of rich Banking experience in Corporate ‡Ÿ¸‚¸ƒÄ‡¬¸, œ¸¢£¨¸½©¸ú ¬ˆ¾Å¢›¸¿Š¸ ‚¸¾£ ”¸’¸ ¨¸½¡¸£í¸„¬¸ ˆÅ¸¡¸¸½ô Strategic Planning, Credit Appraisal, Performance Budgeting, Economic Research, ˆÅ¸ 35 ¨¸«¸¸½ô ¬¸½ ž¸ú ‚¢š¸ˆÅ ˆÅ¸ ¬¸Ÿ¸¼Ö ¤¸ÿ¢ˆ¿ÅŠ¸ ‚›¸ºž¸¨¸ œÏ¸œ÷¸ MIS, Environmental Scanning, and Data íÿ— „›í¸Ê›¸½ ‚÷¡¸¢š¸ˆÅ ¤¸”õú ©¸¸‰¸¸‚¸Ê Ÿ¸Ê ˆÅ¸¡¸Ä ¢ˆÅ¡¸¸ í¾ ‚¸¾£ Warehouse functions. He also worked at ˆÅ¸Áœ¸¸½Ä£½’ Ç½Å¢”’ ÷¸˜¸¸ ’ï½” ûöÅ¸ƒ›¸Ê¬¸ Ÿ¸Ê „›íÊ Ž: ¨¸«¸¸½ô ¬¸½ ‚¢š¸ˆÅ exceptionally large branches having exposure ˆÅ¸ ‚›¸ºž¸¨¸ œÏ¸œ÷¸ í¾— to Corporate Credit and Trade Finance for ªú £¢¨¸¿Í œ¸ú. Ÿ¸£¸“½ ›¸½ ¤¸ÿˆÅ ‚¸ÁûÅ ƒ¿¢”¡¸¸ ˆ½Å ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ over six years. ¢›¸™½©¸ˆÅ (10.03.2015 ¬¸½ 26.09.2016 ÷¸ˆÅ) ˆ½Å ³Åœ¸ Shri Ravindra P. Marathe served as the Ÿ¸Ê ˆÅ¸¡¸Ä ¢ˆÅ¡¸¸— „›í¸Ê›¸½ ¨¸«¸Ä 1982 Ÿ¸Ê ¤¸ÿˆÅ ‚¸ÁûÅ ¤¸”õ¸¾™¸ Ÿ¸Ê Executive Director of Bank of India (from 10.03.2015 to 26.09.2016). He started his ‚¸¡¸¸½]¸›¸¸ ‚¢š¸ˆÅ¸£ú ˆ½Å ³Åœ¸ Ÿ¸Ê ‚œ¸›¸½ ˆÅ¢£¡¸£ ˆÅú ©¸º³Å‚¸÷¸ career with Bank of Baroda as Planning ˆÅú— Officer in 1982. ªú £¢¨¸¿Í œ¸ú. Ÿ¸£¸“½ ˆÅ¸½ 26 ¢¬¸÷¸¿¤¸£ 2016 ˆÅ¸½ ¤¸ÿˆÅ ‚¸ÁûÅ Shri Ravindra P. Marathe was appointed as Ÿ¸í¸£¸«’ï ˆ½Å œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ Ÿ¸º‰¡¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ‚¢š¸ˆÅ¸£ú Managing Director and Chief Executive Officer ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¡¸ºÆ÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸— of Bank of Maharashtra w.e.f. 26th September, 2016. ‚›¡¸ ˆ¿Åœ¸¢›¸¡¸¸Ê Ÿ¸Ê ©¸»›¡¸ ¢›¸™½©¸ˆÅ ‚˜¸¨¸¸ Directorship Nil ¬¸¢Ÿ¸¢÷¸ ˆ½Å œ¸™ or š¸¸£µ¸ ˆÅú ¦¬˜¸¢÷¸ Committee Positions held in other 2.4.3 ªú ‚¸¥¸½‰¸ ¬¸ú. £¸„÷¸ Companies

2.4.3 Shri Alekh. C. Rout ›¸¸Ÿ¸ ªú ‚¸¥¸½‰¸ ¬¸ú. £¸„÷¸ Name Shri Alekh. C. Rout œ¸÷¸¸ ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï, `¥¸¸½ˆÅŸ¸¿Š¸¥¸', 1501, ¢©¸¨¸¸]¸ú›¸Š¸£, œ¸ºµ¸½ - 411005 Address Bank of Maharashtra ‘Lokmangal’, 1501, ]¸›Ÿ¸ ¢™›¸¸¿ˆÅ 13.04.1960 Shivajinagar, Pune - 411 005 ‚¸¡¸º 57 ¨¸«¸Ä Date of 13.04.1960 ©¸¾®¸¢µ¸ˆÅ ¡¸¸½Š¡¸÷¸¸ ‡Ÿ¸.‡¬¸¬¸ú. (ž¸¸¾¢÷¸ˆÅ©¸¸¬°¸) ‚¸¾£ ‡Ÿ¸.¤¸ú.‡. (¢¨¸î¸) Birth ¢›¸™½©¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ Age 57 years ¢›¸¡¸º¢Æ÷¸ ˆÅú œÏˆ¼Å¢÷¸ Qualifica- M.Sc (Physics) and M.B.A (Finance) ‚›¸ºž¸¨¸ ‚¸œ¸ˆÅ¸½ 34 ¨¸«¸¸½ô ˆÅ¸ ¨¡¸¸œ¸ˆÅ ¤¸ÿ¢ˆ¿ÅŠ¸ ‚›¸ºž¸¨¸ í¾ ‚¸¾£ tion ¢›¸Š¸¢Ÿ¸÷¸ †µ¸, ¨¸¸¢µ¸¦]¡¸ˆÅ ¤¸ÿ¢ˆ¿ÅŠ¸, Ÿ¸¸›¸¨¸ ¬¸¿¬¸¸š¸›¸, ¬¸¸Ÿ¸¸›¡¸ œÏ©¸¸¬¸›¸ ˆ½Å ®¸½°¸ Ÿ¸Ê ¢¨¸©¸½«¸ ¡¸¸½Š¡¸÷¸¸ í¾. Nature of Executive Director ‚¸œ¸›¸½ „Ô¸¸½Š¸ Ÿ¸Ê ¢¨¸¢ž¸››¸ ˆÅ¸¡¸Ä®¸Ÿ¸÷¸¸‚¸Ê Ÿ¸Ê ¬’½’ ¤¸ÿˆÅ ‚¸ÁûÅ appoint- í¾™£¸¤¸¸™, ¬’½’ ¤¸ÿˆÅ ‚¸ÁûÅ œ¸¢’¡¸¸¥¸¸ ÷¸˜¸¸ ¬’½’ ¤¸ÿˆÅ ‚¸ÁûÅ ment as Director ¤¸úˆÅ¸›¸½£ ‡¿” ]¸¡¸œ¸º£ Ÿ¸Ê ˆÅ¸¡¸Ä ¢ˆÅ¡¸¸ í¾. ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï Ÿ¸Ê ˆÅ¸¡¸ÄŠÏíµ¸ ¬¸½ œ¸»¨¸Ä ‚¸œ¸›¸½ ¬’½’ Experience Having a vast Banking experience of 34 years ¤¸ÿˆÅ ‚¸ÁûÅ ¤¸úˆÅ¸›¸½£ ‡¿” ]¸¡¸œ¸º£ Ÿ¸Ê Ÿ¸º‰¡¸ Ÿ¸í¸œÏ¤¸¿š¸ˆÅ and core competence in the area of Corpo- rate Credit, Commercial Banking, Human Re- (¨¸¸¢µ¸¦]¡¸ˆÅ ¤¸ÿ¢ˆ¿ÅŠ¸) ˆ½Å ³Åœ¸ Ÿ¸Ê ˆÅ¸¡¸Ä ¢ˆÅ¡¸¸. source, General Administration. 31.03.2017 ¬¸½ ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ˆ½Å ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ He has worked with State Bank of Hyder- ¢›¸™½©¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¡¸ºÆ÷¸ abad, State Bank of Patiala and State Bank ‚›¡¸ ˆ¿Åœ¸¢›¸¡¸¸Ê Ÿ¸Ê ©¸»›¡¸ of Bikaner and Jaipur in various capacities across the industry. ¢›¸™½©¸ˆÅ ‚˜¸¨¸¸ He served as Chief General Manager (Com- ¬¸¢Ÿ¸¢÷¸ ˆ½Å œ¸™ š¸¸£µ¸ mercial Banking) in State Bank of Bikaner and ˆÅú ¦¬˜¸¢÷¸ Jaipur before joining Bank of Maharashtra. Appointed as Executive Director of Bank of Maharashtra w.e.f 31.03.2017. Directorship Nil or Commit- tee Posi- tions held in other Companies

32 Jeeef

2.5 ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¤¸¾“ˆÊÅ 2.5 Board Meetings: During the Financial Year 2016-17, 14 meetings were held ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¤¸¾“ˆÊÅ ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ¢™›¸¸¿ˆÅ¸Ê on the following dates as against minimum of 6 meetings œ¸£ ˆºÅ¥¸ 14 ¤¸¸£ ¬¸¿œ¸››¸ íºƒÄ ]¸¤¸¢ˆÅ £¸«’ïú¡¸ˆ¼Å÷¸ ¤¸ÿˆÅ (œÏ¤¸¿š¸›¸ ‡¨¸¿ ¢¨¸¢¨¸š¸ œÏ¸¨¸š¸¸›¸) prescribed under Clause 12 of the Nationalized Banks ¡¸¸½]¸›¸¸, 1970/1980 ˆ½Å ‰¸¿” 12 ˆ½Å ‚š¸ú›¸ ›¡¸»›¸÷¸Ÿ¸ 6 ¤¸¾“ˆÊÅ ¢›¸š¸¸Ä¢£÷¸ íÿ— (Management and Miscellaneous Provisions) Scheme, 1970/1980. 07.05.2016 12.05.2016 04.06.2016 29.06.2016 12.08.2016 03.09.2016 28.09.2016 25.10.2016 05.11.2016 09.12.2016 02.01.2017 31.01.2017 28.02.2017 24.03.2017 07.05.2016 12.05.2016 04.06.2016 29.06.2016 12.08.2016 03.09.2016 28.09.2016 ¬¸¢Ÿ¸¢÷¸ ˆÅú „œ¸¡¸ºÄÆ÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê ¢›¸™½©¸ˆÅ¸Ê ˆÅú ‚œ¸›¸ú ˆÅ¸¡¸Ä ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ „œ¸¦¬˜¸¢÷¸ 25.10.2016 05.11.2016 09.12.2016 02.01.2017 31.01.2017 28.02.2017 24.03.2017 ˆ½Å ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿ À The details of attendance of the Directors at the aforesaid Board Meetings held during their respective tenure are as ‚¨¸¢š¸ ¬¸¢Ÿ¸¢÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê under: Ÿ¸Ê „›¸ˆ½Å „œ¸¦¬˜¸¢÷¸ ¢›¸™½©¸ˆÅ ˆÅ¸ ›¸¸Ÿ¸ Name of the Period Meetings Meetings ˆÅ¸¡¸ÄˆÅ¸¥¸ ˆ½Å Director held during attended ™¸¾£¸›¸ ¬¸¿œ¸››¸ their tenure ¤¸¾“ˆÊÅ Shri Sushil 01.04.2016 to 06 06 ªú ¬¸º©¸ú¥¸ Ÿ¸ºí›¸¸½÷¸ 01.04.2016 ¬¸½ 06 06 Muhnot 26.09.2016 26.09.2016 Shri 26.09.2016 to 08 08 R.P.Marathe 31.03.2017 ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ 26.09.2016 ¬¸½ 08 08 Shri 01.04.2016 to 08 07 31.03.2017 R.Athmaram 31.10.2016 ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ 01.04.2016 ¬¸½ 08 07 Shri.R.K.Gupta 01.04.2016 to 14 14 31.10.2016 31.03.2017 ªú ‚¸£. ˆ½Å Š¸ºœ÷¸¸ 01.04.2016 ¬¸½ 14 14 Shri. A.C. Rout 31.03.2017 to 00 00 31.03.2017 31.03.2017 Shri Ateesh 01.04.2016 to 14 08 ªú ‡. ¬¸ú. £¸„÷¸ 31.03.2017 ¬¸½ 00 00 Singh 31.03.2017 31.03.2017 Shri.G. 01.04.2016 to 14 14 ªú ‚÷¸ú©¸ ¢¬¸¿í 01.04.2016 ¬¸½ 14 08 Sreekumar 31.03.2017 31.03.2017 Shri.R.L. 01.04.2016 to 04 04 ªú ]¸ú. ªúˆºÅŸ¸¸£ 01.04.2016 ¬¸½ 14 14 Saydiwal 20.07.2016 31.03.2017 Shri. Sanjeev 01.04.2016 to 05 05 Jain 18.08.2016 ªú ‚¸£. ‡¥¸. 01.04.2016 ¬¸½ 04 04 Shri.P. A.Sethi 01.04.2016 to 14 14 ¬¸¸¡¸™ú¨¸¸¥¸ 20.07.2016 31.03.2017 ªú ¬¸¿]¸ú¨¸ ]¸¾›¸ 01.04.2016 ¬¸½ 05 05 Shri.R. 01.04.2016 to 14 13 18.08.2016 Thamodharan 31.03.2017 Dr. Archana R. 01.04.2016 to 14 12 ªú œ¸ú.‡. ¬¸½“ú 01.04.2016 ¬¸½ 14 14 Dholakia 31.03.2017 31.03.2017 Shri 26.07.2016 to 10 10 ªú ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ 01.04.2016 ¬¸½ 14 13 Deendayal 31.03.2017 31.03.2017 Agrawal ”¸Á. ‚\¸Ä›¸¸ ‚¸£. 01.04.2016 ¬¸½ 14 12 2.6 Code of Conduct: š¸¸½¥¸¢ˆÅ¡¸¸ 31.03.2017 The Code of Conduct for Board of Directors and Senior ªú ™ú›¸™¡¸¸¥¸ 26.07.2016 ¬¸½ 10 10 Management Personnel i.e. Core Management team ‚ŠÏ¨¸¸¥¸ 31.03.2017 comprising all General Managers, has been approved by the 2.6 ‚¸\¸¸£ ¬¸¿¢í÷¸¸ Board of Directors in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The said ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ÷¸˜¸¸ ¨¸¢£«“ œÏ¤¸¿š¸›¸ ˆÅ¢Ÿ¸Ä¡¸¸Ê ‚˜¸¸Ä÷¸ ¬¸ž¸ú Ÿ¸í¸œÏ¤¸¿š¸ˆÅ¸Ê ¨¸¸¥¸ú Code of Conduct is posted on the Bank’s website www. ˆÅ¸½£ œÏ¤¸¿š¸›¸ ’úŸ¸ í½÷¸º ‚¸\¸¸£ ¬¸¿¢í÷¸¸ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ×¸£¸ ž¸¸£÷¸ú¡¸ œÏ¢÷¸ž¸»¢÷¸ bankofmaharashtra.in. All the Board Members and Senior ‚¸¾£ ¢¨¸¢›¸Ÿ¸¡¸ ¤¸¸½”Ä (™¸¢¡¸÷¨¸¸Ê ‚¸¾£ œÏˆÅ’úˆÅ£µ¸ ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ˆÅ¸ ¬¸»\¸úˆÅ£µ¸) Management Personnel have affirmed the compliance of the ‚¢š¸¢›¸¡¸Ÿ¸, 2015 ˆ½Å ‚›¸ºœ¸¸¥¸›¸ Ÿ¸Ê ‚›¸ºŸ¸¸½¢™÷¸ ˆÅú Š¸ƒÄ í¾. „Æ÷¸ ‚¸\¸¸£¬¸¿¢í÷¸¸ ¤¸ÿˆÅ code. ˆÅú ¨¸½¤¸¬¸¸ƒÄ’ www.bankofmaharashtra.in œ¸£ „œ¸¥¸¤š¸ í¾. ¤¸¸½”Ä ˆ½Å ¬¸ž¸ú 2.7 The Bank has the familiarization programme for its Directors ¬¸™¬¡¸¸Ê ÷¸˜¸¸ ¨¸¢£«“ œÏ¤¸¿š¸›¸ ˆÅ¢Ÿ¸Ä¡¸¸Ê ›¸½ ¬¸¿¢í÷¸¸ ˆ½Å ‚›¸ºœ¸¸¥¸›¸ ˆÅú œ¸º¦«’ ˆÅú í¾. with regard to their roles, rights and responsibilities in the Bank. The details of familiarization/ training programmes attended by 2.7 ¤¸ÿˆÅ ˆ½Å œ¸¸¬¸ „›¸ˆ½Å ¢›¸™½©¸ˆÅ¸Ê ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ Ÿ¸Ê „›¸ˆÅú ž¸»¢Ÿ¸ˆÅ¸, ‚¢š¸ˆÅ¸£ ÷¸˜¸¸ the Directors of the Bank during the financial year 2016-17 are ¢]¸ŸŸ¸½™¸£ú ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê œ¸¢£\¸¡¸ ˆÅ¸¡¸ÄÇÅŸ¸ í¾. ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ available on the Bank’s website www.bankofmaharashtra.in. ˆ½Å ¢›¸™½©¸ˆÅ¸Ê ×¸£¸ ž¸¸Š¸ ¢¥¸‡ Š¸‡ ƒ›¸ œ¸¢£\¸¡¸ / œÏ¢©¸®¸µ¸ ˆÅ¸¡¸ÄÇÅŸ¸¸Ê ˆÅ¸ ¤¡¸¸¾£¸ ¤¸ÿˆÅ 2.8 None of the Directors of the Bank has any relationships inter- ˆÅú ¨¸½¤¸¬¸¸ƒÄ’ www.bankofmaharashtra.in œ¸£ „œ¸¥¸¤š¸ í¾. se. 2.8 ¤¸ÿˆÅ ˆ½Å ¢ˆÅ¬¸ú ž¸ú ¢›¸™½©¸ˆÅ ˆÅ¸ ‚¸œ¸¬¸ Ÿ¸Ê ˆÅ¸½ƒÄ ¢£©÷¸¸ ›¸íú¿ í¾.

33 Annual Report 2016-17

3. ¨¸¸¢«¸ÄˆÅ ¬¸¸š¸¸£µ¸ ¤¸¾“ˆÅ À 3. Annual General Meeting: The Annual General Meeting of the shareholders of the Bank ¤¸ÿˆÅ ˆ½Å ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆÅú ¨¸¸¢«¸ÄˆÅ ¬¸¸š¸¸£µ¸ ¤¸¾“ˆÅ ¬¸¸½Ÿ¸¨¸¸£, ¢™›¸¸¿ˆÅ 29 ]¸»›¸, 2016 was held on the 29th June, 2016 at Appasaheb Joag Hall, Head ˆÅ¸½ ‚œœ¸¸¬¸¸í½¤¸ ]¸¸½Š¸ í¸Á¥¸, œÏš¸¸›¸ ˆÅ¸¡¸¸Ä¥¸¡¸, ¥¸¸½ˆÅŸ¸¿Š¸¥¸,1501, ¢©¸¨¸¸]¸ú›¸Š¸£, Office, ‘Lokmangal’, 1501, Shivajinagar, Pune - 411005 where œ¸ºµ¸½-411005 Ÿ¸Ê ¬¸¿œ¸››¸ íºƒÄ ¢]¸¬¸Ÿ¸Ê ¢›¸Ÿ›¸¸¿¢ˆÅ÷¸ ¢›¸™½©¸ˆÅ „œ¸¦¬˜¸÷¸ ˜¸½ À following Directors were present.

1. ªú ‡¬¸. Ÿ¸ºí›¸¸½÷¸ ‚š¡¸®¸ ‡¨¸¿ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ 1 Shri S. Muhnot Chairman & Managing Direc- 2. ªú ‚¸£. ˆ½Å. Š¸ºœ÷¸¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ tor 3. ªú ¬¸¿]¸ú¨¸ ]¸¾›¸ ž¸¸£÷¸ ¬¸£ˆÅ¸£ ×¸£¸ ¢›¸¡¸ºÆ÷¸ ¢›¸™½©¸ˆÅ ‚¸¾£ ¢›¸™½©¸ˆÅ 2 Shri R. K. Gupta Executive Director Ÿ¸µ”¥¸ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ˆ½Å ‚š¡¸®¸ 3 Shri. Sanjeev Jain Director appointed by Govt. of India and Chairman of Audit 4. ªú £¸Ÿ¸™½¨¸ ‡¥¸. ¬¸¸¡¸™ú¨¸¸¥¸ ˆÅŸ¸ÄˆÅ¸£ ˆÅŸ¸Ä\¸¸£ú ¢›¸™½©¸ˆÅ Committee of the Board 5. ªú œ¸ú. ‡. ¬¸½“ú ©¸½¡¸£ š¸¸£ˆÅ¸Ê ˆ½Å œÏ¢÷¸¢›¸¢š¸ ¢›¸™½©¸ˆÅ 4 Shri Ramdev L. Workmen Employee Director 6. ªú ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ ©¸½¡¸£ š¸¸£ˆÅ¸Ê ˆ½Å œÏ¢÷¸¢›¸¢š¸ ¢›¸™½©¸ˆÅ Saydiwal 4 ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¬¸¢Ÿ¸¢÷¸¡¸¸¿ 5 Shri. P A. Sethi Director representing shareholders ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ›¸½ ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ¬¸¢Ÿ¸¢÷¸¡¸¸Ê ˆÅ¸ Š¸“›¸ ¢ˆÅ¡¸¸ í¾ ‚¸¾£ ¢¨¸¢ž¸››¸ ˆÅ¸¡¸Ä®¸½°¸¸Ê Ÿ¸Ê ‚¢š¸ˆÅ¸£¸Ê ˆÅ¸ œÏ÷¡¸¸¡¸¸½]¸›¸ ¢ˆÅ¡¸¸ í¾. 6 Shri R. Thamodharan Director representing shareholders 4.1 œÏ¤¸¿š¸›¸ ¬¸¢Ÿ¸¢÷¸ 4. Committees of Board: £¸«’ïú¡¸ˆ¼Å÷¸ ¤¸ÿˆÅ (œÏ¤¸¿š¸›¸ ‚¸¾£ ¢¨¸¢¨¸š¸ œÏ¸¨¸š¸¸›¸) ¡¸¸½]¸›¸¸, 1970/1980 ˆ½Å The Board has constituted the following committees and œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú Ž: ¬¸™¬¡¸ú¡¸ œÏ¤¸¿š¸›¸ ¬¸¢Ÿ¸¢÷¸ (‡Ÿ¸¬¸ú) ˆÅ¸ delegated powers in different functional areas. Š¸“›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. œÏ¤¸¿š¸›¸ ¬¸¢Ÿ¸¢÷¸ ˆ½Å ˆÅ¸¡¸Ä ‚¸¾£ ˆÅ÷¸Ä¨¡¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿ À 4.1 Management Committee: ˆÅ) †µ¸ ¨¸ ¢›¸¨¸½©¸ œÏ¬÷¸¸¨¸¸Ê ˆÅú Ÿ¸¿]¸»£ú ™½›¸¸ The Management Committee (MC) of the Board is constituted ‰¸) †µ¸ ¬¸Ÿ¸^¸¸¾÷¸¸/¤¸’Ã’½ ‰¸¸÷¸½ Ÿ¸Ê ”¸¥¸›¸½ ˆ½Å œÏ¬÷¸¸¨¸¸Ê ˆÅ¸½ Ÿ¸¿]¸»£ú ™½›¸¸ with six members as per provisions of the Nationalized Banks Š¸) œ¸¢£¬¸£/Æ¨¸¸’Ä¬¸Ä ¨¸ ‚›¡¸ ¨¸¬÷¸º‚¸Ê ˆÅ¸½ ‚¢š¸ŠÏ¢í÷¸ ˆÅ£›¸½ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ œÏ¬÷¸¸¨¸ (Management and Miscellaneous Provisions) Scheme, ‚›¸ºŸ¸¸½¢™÷¸ ˆÅ£›¸¸ ÷¸˜¸¸ 1970/1980. Functions and duties of the Management Committee are as under: ‹¸) ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ×¸£¸ ¬¸¿™¢ž¸Ä÷¸ ˆÅ¸½ƒÄ ‚›¡¸ ¢¨¸«¸¡¸— a) Sanction of credit and investment proposals, ¬¸Ÿ¸ú®¸¸ ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ÷¸¸£ú‰¸¸Ê ˆÅ¸½ ¬¸¢Ÿ¸¢÷¸ ˆÅú 15 ¤¸¾“ˆÊÅ íºƒôÀ b) Sanction of loan compromise / write off proposals, 07.05.2016 18.05.2016 28.06.2016 20.07.2016 05.08.2016 02.09.2016 21.09.2016 c) Approve proposals relating to acquiring of premises/ 24.10.2016 05.11.2016 08.12.2016 29.12.2016 30.01.2017 27.02.2017 15.03.2017 quarters and other procurements, 24.03.2017 d) Any other matter referred by the Board. ¬¸¢Ÿ¸¢÷¸ ˆÅú „œ¸¡¸ºÄÆ÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê ‚œ¸›¸ú ˆÅ¸¡¸Ä ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅú „œ¸¦¬˜¸¢÷¸ The Committee met 15 times during the period under ˆ½Å ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿÀ review on the following dates: ¢›¸™½©¸ˆÅ ˆÅ¸ ›¸¸Ÿ¸ ‚¨¸¢š¸ ¬¸¢Ÿ¸¢÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê 07.05.2016 18.05.2016 28.06.2016 20.07.2016 05.08.2016 02.09.2016 21.09.2016 Ÿ¸Ê „›¸ˆ½Å „œ¸¦¬˜¸¢÷¸ 24.10.2016 05.11.2016 08.12.2016 29.12.2016 30.01.2017 27.02.2017 15.03.2017 ˆÅ¸¡¸ÄˆÅ¸¥¸ ˆ½Å 24.03.2017 ™¸¾£¸›¸ ¬¸¿œ¸››¸ The details of attendance of the Directors at the aforesaid ¤¸¾“ˆÊÅ meetings of the Committee held during their respective tenure ªú ¬¸º©¸ú¥¸ Ÿ¸ºí›¸¸½÷¸ 01.04.2016 ¬¸½ 07 07 are as under: 26.09.2016 Name of the Director Period Meetings held dur- Meetings ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ 26.09.2016 ¬¸½ 08 08 ing their tenure Attended 31.03.2017 Shri Sushil Muhnot 01.04.2016 to 07 07 ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ 01.04.2016 ¬¸½ 08 08 26.09.2016 31.10.2016 Shri R.P.Marathe 26.09.2016 to 08 08 ªú ‚¸£. ˆ½Å. Š¸ºœ÷¸¸ 01.04.2016 ¬¸½ 15 15 31.03.2017 31.03.2017 Shri R. Athmaram 01.04.2016 to 08 08 31.10.2016 ªú ‡. ¬¸ú. £¸„÷¸ 31.03.2017 ¬¸½ 00 00 Shri R. K. Gupta 01.04.2016 to 15 15 31.03.2017 31.03.2017 ªú ]¸ú. ªúˆºÅŸ¸¸£ 01.04.2016 ¬¸½ 15 14 Shri A.C. Rout 31.03.2017 to 00 00 31.03.2017 31.03.2017 ªú ‚¸£. ‡¥¸. 01.04.2016 ¬¸½ 04 04 Shri G. Sreekumar 01.04.2016 to 15 14 ¬¸¸¡¸™ú¨¸¸¥¸ 20.07.2016 31.03.2017 ªú œ¸ú. ‡. ¬¸½“ú 01.04.2016 ¬¸½ 13 13 Shri R.L. Saydiwal 01.04.2016 to 04 04 31.03.2017 20.07.2016 Shri P.A.Sethi 01.04.2016 to 13 13 ªú ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ 02.09.2016 ¬¸½ 09 08 31.03.2017 31.03.2017 Shri.R.Thamodharan 02.09.2016 to 09 08 31.03.2017

34 Jeeef

31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¬¸¿£\¸›¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ £íú À The composition of the Committee as on 31st March, 2017 is as under: i. ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ ‚š¡¸®¸ ii. ªú ‚¸£. ˆ½Å. Š¸ºœ÷¸¸ ¬¸™¬¡¸ i Shri R.P.Marathe Chairman iii. ªú ‡. ¬¸ú. £¸„÷¸ ¬¸™¬¡¸ ii Shri R.K. Gupta Member iv. ªú ]¸ú. ªúˆºÅŸ¸¸£ ¬¸™¬¡¸ iii Shri A.C. Rout Member v. ªú œ¸ú. ‡. ¬¸½“ú ¬¸™¬¡¸ iv Shri G. Sreekumar Member vi. ªú ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ ¬¸™¬¡¸ v. Shri P.A. Sethi Member 4.2 ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ vi. Shri R.Thamodharan Member ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ (‡¬¸ú¤¸ú) ˆÅ¸ Š¸“›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ¬¸¢Ÿ¸¢÷¸ ˆ½Å œÏ÷¡¸¸¡¸¸½¢]¸÷¸ ˆÅ¸¡¸Ä ¢›¸Ÿ›¸¸›¸º¬¸¸£ 4.2. Audit Committee of the Board: íÿÀ Pursuant to the directives of Reserve Bank of India, Audit Committee of Board of Directors (ACB) is constituted. The ˆÅ) ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ (‡¬¸ú¤¸ú) ¤¸ÿˆÅ ˆ½Å ¬¸¿œ¸»µ¸Ä ¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅ¸¡¸Ä delegated functions of the Committee are as under: ¬¸¿\¸¸¥¸›¸ ˆÅú ™½‰¸£½‰¸ ˆ½Å ¬¸¸˜¸-¬¸¸˜¸ Ÿ¸¸Š¸Ä™©¸Ä›¸ ž¸ú œÏ™¸›¸ ˆÅ£÷¸ú í¾. ¬¸Ÿ¸ŠÏ ¥¸½‰¸¸ a) ACB provides direction as also oversees the operation of œ¸£ú®¸¸ ˆÅ¸¡¸ÄœÏµ¸¸¥¸ú ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¤¸ÿˆÅ ˆÅ¸ ‚¸¿÷¸¢£ˆÅ ¢›¸£ú®¸µ¸ ‡¨¸¿ ‚¸¿÷¸¢£ˆÅ ¥¸½‰¸¸ the total audit function of the Bank. Total audit function œ¸£ú®¸¸ ˆÅ¸ Š¸ºµ¸¨¸î¸¸ ¢›¸¡¸¿°¸µ¸, ¬¸¿\¸¸¥¸›¸ ÷¸˜¸¸ ¬¸¿Š¸“›¸ ¬¸¢í÷¸ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ implies the organization, operationalisation, quality ×¸£¸ ¢›¸£ú®¸µ¸ ÷¸˜¸¸ ¤¸ÿˆÅ ˆÅú ¤¸¸à¸/¬¸¸¿¢¨¸¢š¸ˆÅ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅ¸ ‚›¸º¨¸÷¸Ä›¸ ©¸¸¢Ÿ¸¥¸ í¾. control of internal audit and inspection within the Bank and follows up on the statutory / external audit of the Bank ‰¸) ‚¸¿÷¸¢£ˆÅ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆ½Å ¢¨¸«¸¡¸ Ÿ¸Ê ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ¤¸ÿˆÅ Ÿ¸Ê and inspection of RBI. ‚›¸º¨¸÷¸Ä›¸ ˆÅú ´¦«’ ¬¸½ ‚¸¿÷¸¢£ˆÅ ¢›¸£ú®¸µ¸/¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅ¸¡¸Ä ˆÅú Š¸ºµ¸¨¸î¸¸, œ¸¡¸¸Äœ÷¸÷¸¸ b) As regards internal audit, ACB reviews the internal ‚¸¾£ œÏž¸¸¨¸¸½÷œ¸¸™ˆÅ÷¸¸ ˆÅú ¬¸Ÿ¸ú®¸¸ ˆÅ£÷¸ú í¾. ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ inspection/ audit function in the Bank – adequacy of the ¬¸¢Ÿ¸¢÷¸ ¢¨¸©¸½«¸±¸ ¨¸ ‚¢÷¸ ¢¨¸¬÷¸¼÷¸ ©¸¸‰¸¸‚¸Ê ¬¸¢í÷¸ ¬¸ž¸ú ‚¬¸¿÷¸¸½«¸]¸›¸ˆÅ ¡¸¸½Š¡¸÷¸¸ÇÅŸ¸ system, its quality and effectiveness in terms of follow up. ¨¸¸¥¸ú ©¸¸‰¸¸‚¸Ê ˆÅú ¢›¸£ú®¸µ¸ ¢£œ¸¸½’¸½ô ˆÅú ¬¸Ÿ¸ú®¸¸ ˆÅ£÷¸ú í¾. ACB also reviews inspection reports of specialized and Š¸) ¢¨¸©¸½«¸ ³Åœ¸ ¬¸½ ¡¸í ¬¸¢Ÿ¸¢÷¸ ‚¿÷¸£-©¸¸‰¸¸ ¬¸Ÿ¸¸¡¸¸½]¸›¸ ‰¸¸÷¸¸Ê, ›¸¸Á¬’ï¸½ ‰¸¸÷¸¸Ê ‚¸¾£ extra large branches and all branches with unsatisfactory ratings. ‚¿÷¸£-¤¸ÿˆÅ ‰¸¸÷¸¸Ê Ÿ¸Ê ¬¸Ÿ¸¸š¸¸›¸ ›¸ ˆÅú Š¸ƒÄ ¨¸ ¥¸¿¤¸½ ¬¸Ÿ¸¡¸ ¬¸½ ¤¸ˆÅ¸¡¸¸ œÏ¢¨¸¦«’¡¸¸Ê, ¢¨¸¢ž¸››¸ ©¸¸‰¸¸‚¸Ê Ÿ¸Ê ¥¸½‰¸¸ ¤¸¢í¡¸¸Ê ˆ½Å ¤¸ˆÅ¸¡¸¸ ¢Ÿ¸¥¸¸›¸, š¸¸½‰¸¸š¸”õú ‚¸¾£ Š¸¼í¨¸½®¸µ¸ ˆ½Å c) It specifically focuses on the follow up of Inter-Branch Adjustment Accounts, Un-reconciled long outstanding Ÿ¸í÷¨¸œ¸»µ¸Ä ®¸½°¸¸Ê ˆÅ¸ ‚›¸º¨¸÷¸Ä›¸ ˆÅ£÷¸ú í¾. entries in Inter-Bank Accounts and Nostro Accounts, ‹¸) ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ‚›¸ºœ¸¸¥¸›¸ ‚¢š¸ˆÅ¸£ú ¬¸½ ž¸¸£÷¸ ¬¸£ˆÅ¸£ Position of balancing of books at various branches, frauds ‚¸¾£ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ¢÷¸Ÿ¸¸íú ¢£œ¸¸½’½ô and all other major areas of housekeeping. œÏ¸œ÷¸ ˆÅ£ „›¸ˆÅú ¬¸Ÿ¸ú®¸¸ ˆÅ£÷¸ú í¾. d) ACB obtains and reviews quarterly reports from the Compliance Officer relating to implementation of various ”.) ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ¬¸¿Š¸¸Ÿ¸ú ¥¸½‰¸¸ œ¸£ú®¸¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¢ˆÅ‡ Government and RBI guidelines. Š¸‡ ˆÅ¸¡¸Ä œ¸£ ¢›¸Š¸£¸›¸ú £‰¸÷¸ú í¾ ‚¸¾£ ¬¸¸¿¢¨¸¢š¸ˆÅ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅú ¢’œœ¸¢µ¸¡¸¸Ê ‡¨¸¿ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢›¸£ú®¸µ¸ ˆÅ¸ ‚›¸ºœ¸¸¥¸›¸ ˆÅ£÷¸ú í¾. e) ACB monitors the reports under concurrent audit, compliance of observations of statutory audit and RBI \¸) ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ¬¸¸¿¢¨¸¢š¸ˆÅ ˆ½Å›Íú¡¸ ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ˆÅú inspection. ¢›¸¡¸º¢Æ÷¸ ˆÅ¸ ‚›¸ºŸ¸¸½™›¸ ˆÅ£÷¸ú í¾ ‚¸¾£ ¨¸¸¢«¸ÄˆÅ/‚š¸Ä¨¸¸¢«¸ÄˆÅ/°¸¾Ÿ¸¸¢¬¸ˆÅ ‰¸¸÷¸¸Ê ‚¸¾£ f) ACB approves the appointment of Statutory Central ¢£œ¸¸½’¸½ô ˆÅ¸½ ‚¿¢÷¸Ÿ¸ ³Åœ¸ ™½›¸½ ¬¸½ œ¸í¥¸½ ¬¸¸¿¢¨¸¢š¸ˆÅ ˆÊÅÍú¡¸ ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ˆ½Å ¬¸¸˜¸ Auditors and also interacts with the Statutory Central ¤¸¸÷¸\¸ú÷¸ ž¸ú ˆÅ£÷¸ú í¾. ¡¸í ¬¸¢Ÿ¸¢÷¸ ¥¸¸ÂŠ¸ ûÅ¸Ÿ¸Ä ¥¸½‰¸¸ œ¸£ú®¸¸ ¢£œ¸¸½’Ä (‡¥¸‡ûÅ‡‚¸£) Auditors before finalization of the annual / half-yearly / Ÿ¸Ê „“¸‡ Š¸‡ ¬¸ž¸ú Ÿ¸ºÓ¸Ê ˆÅ¸ ž¸ú ‚›¸º¨¸÷¸Ä›¸ ˆÅ£÷¸ú í¾. quarterly accounts and reports. It also follows up all the issues raised in the Long Form Audit Report (LFAR). Ž) ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ž¸¸£÷¸ú¡¸ œÏ¢÷¸ž¸»¢÷¸ ‚¸¾£ ¢¨¸¢›¸Ÿ¸¡¸ ¤¸¸½”Ä g) ACB to take care of other issues entrusted to it under (¢¥¸¢¬’¿Š¸ ‚¢›¸¨¸¸¡¸Ä÷¸¸‡¿ ‚¸¾£ œÏˆÅ’›¸ ‚¸¨¸©¡¸ˆÅ÷¸¸‡¿) ‚¢š¸¢›¸¡¸Ÿ¸, 2015 ˆ½Å SEBI (Listing Obligations and Disclosure Requirements) ‚š¸ú›¸ ¬¸¸ÿœ¸½ Š¸‡ ‚›¡¸ Ÿ¸ºÓ¸Ê œ¸£ ž¸ú ˆÅ¸¡¸Ä ˆÅ£÷¸ú í¾. Regulations, 2015. ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ˆÅú 10 ¤¸¾“ˆÊÅ íºƒô. ¤¸¾“ˆÅ¸Ê ˆ½Å During the year, the ACB met 10 times and the dates of the ¢™›¸¸¿ˆÅ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿÀ meetings are as under:

11.05.2016 12.05.2016 28.06.2016 12.08.2016 02.09.2016 11.05.2016 12.05.2016 28.06.2016 12.08.2016 02.09.2016 25.10.2016 05.11.2016 02.01.2017 30.01.2017 28.02.2017 25.10.2016 05.11.2016 02.01.2017 30.01.2017 28.02.2017 ¬¸¢Ÿ¸¢÷¸ ˆÅú „œ¸¡¸ºÄÆ÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê ‚œ¸›¸ú ˆÅ¸¡¸Ä ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅú „œ¸¦¬˜¸¢÷¸ The details of attendance of the Directors at the meetings ˆ½Å ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿÀ of the Committee held during their respective tenure are as ¢›¸™½©¸ˆÅ ˆÅ¸ ›¸¸Ÿ¸ ‚¨¸¢š¸ ¬¸¢Ÿ¸¢÷¸ Ÿ¸Ê ¤¸¾“ˆÅ¸Ê Ÿ¸Ê under: „›¸ˆ½Å ˆÅ¸¡¸ÄˆÅ¸¥¸ „œ¸¦¬˜¸¢÷¸ Name of the Direc- Period Meetings Meetings ˆ½Å ™¸¾£¸›¸ tor held during Attended ¬¸¿œ¸››¸ ¤¸¾“ˆÊÅ their tenure Shri Sanjeev Jain 01.04.2016 to 04 04 ªú ¬¸¿]¸ú¨¸ ]¸¾›¸ 01.04.2016 ¬¸½ 04 04 18.08.2016 18.08.2016 Shri R. Athmaram* 01.04.2016 to 06 06 * ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ 01.04.2016 ¬¸½ 06 06 31.10.2016 31.10.2016

35 Annual Report 2016-17

ªú ‚¸£. ˆ½Å. Š¸ºœ÷¸¸ 01.04.2016 ¬¸½ 10 10 Shri R.K. Gupta 01.04.2016 to 10 10 31.03.2017 31.03.2017 Shri A.C. Rout 31.03.2017 to 00 00 ªú ‡. ¬¸ú. £¸„÷¸ 31.03.2017 ¬¸½ 00 00 31.03.2017 31.03.2017 Shri Ateesh Singh 01.04.2016 to 10 06 ªú ‚÷¸ú©¸ ¢¬¸¿í 01.04.2016 ¬¸½ 10 06 31.03.2017 31.03.2017 Shri G. Sreekumar 01.04.2016 to 10 10 ªú ]¸ú. ªúˆºÅŸ¸¸£ 01.04.2016 ¬¸½ 10 10 31.03.2017 31.03.2017 Dr. Archana R. 01.04.2016 to 10 10 Dholakia 31.03.2017 ”¸Á. ‚\¸Ä›¸¸ ‚¸£. 01.04.2016 ¬¸½ 10 10 Shri Deendayal 26.07.2016 to 06 06 š¸¸½¥¸¢ˆÅ¡¸¸ 31.03.2017 Agrawal 31.03.2017 ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ 26.07.2016 ¬¸½ 06 06 *Shri R. Athmaram attended the ACB Meetings as invitee 31.03.2017 member. * ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ ›¸½ ‚¸Ÿ¸¿¢°¸÷¸ ¬¸™¬¡¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ‡¬¸ú¤¸ú ¤¸¾“ˆÅ Ÿ¸Ê ¬¸íž¸¸Š¸ ¢¥¸¡¸¸ Shri. Chandrakant Bhagwat, Company Secretary, also acts as ªú \¸¿ÍˆÅ¸¿÷¸ ž¸¸Š¸¨¸÷¸, ˆ¿Åœ¸›¸ú ¬¸¢\¸¨¸, ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ˆ½Å the Secretary to ACB. ¬¸¢\¸¨¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ˆÅ¸¡¸Ä ˆÅ£÷¸½ íÿ. The composition of the Committee as on 31st March, 2017 is as 31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¬¸¿£\¸›¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ £íúÀ under: i. Shri Deendayal Agrawal Chairman i. ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ ‚š¡¸®¸ ii. Shri R.K. Gupta Member ii. ªú ‚¸£. ˆ½Å. Š¸ºœ÷¸¸ ¬¸™¬¡¸ iii. Shri Ateesh Singh Member iii. ªú ‚÷¸ú©¸ ¢¬¸¿í ¬¸™¬¡¸ iv. Shri G. Sreekumar Member iv. ªú ]¸ú. ªúˆºÅŸ¸¸£ ¬¸™¬¡¸ v. Dr. Archana R. Dholakia Member

v. ”¸Á. ‚\¸Ä›¸¸ ‚¸£. š¸¸½¥¸¢ˆÅ¡¸¸ ¬¸™¬¡¸ 4.3 Risk Management Committee of the Board: 4.3 ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ]¸¸½¢‰¸Ÿ¸ œÏ¤¸¿š¸›¸ ¬¸¢Ÿ¸¢÷¸ The Risk Management Committee of the Board has been ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ]¸¸£ú ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸£µ¸ Ÿ¸Ê ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú constituted with Five Directors as members of the Committee ]¸¸½¢‰¸Ÿ¸ œÏ¤¸¿š¸›¸ ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ Š¸“›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾, ƒ¬¸ ¬¸¢Ÿ¸¢÷¸ Ÿ¸Ê œ¸¸¿\¸ ¢›¸™½©¸ˆÅ ¬¸™¬¡¸ as per the guidelines issued by Reserve Bank of India to devise policies and strategies for Integrated Risk Management íÿ. ¬¸¢Ÿ¸¢÷¸ ¬¸Ÿ¸¦›¨¸÷¸ ]¸¸½¢‰¸Ÿ¸ œÏ¤¸¿š¸›¸, ¢]¸¬¸Ÿ¸Ê †µ¸ ]¸¸½¢‰¸Ÿ¸ ¬¸¢í÷¸ ¤¸ÿˆÅ ˆ½Å ¢¨¸¢ž¸››¸ containing various risk exposures of the Bank including the ]¸¸½¢‰¸Ÿ¸ ¢¨¸Š¸¸½œ¸›¸ ©¸¸¢Ÿ¸¥¸ íÿ, ›¸ú¢÷¸ ‚¸¾£ £µ¸›¸ú¢÷¸ ÷¸¾¡¸¸£ ˆÅ£÷¸ú í¾. credit risk. ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ]¸¸½¢‰¸Ÿ¸ œÏ¤¸¿š¸›¸ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¢›¸Ÿ›¸¸›¸º¬¸¸£ 05 ¤¸¾“ˆÊÅ íºƒô. The Committee met 05 times during the year as under.

28.06.2016 02.09.2016 25.10.2016 02.01.2017 27.02.2017 28.06.2016 02.09.2016 25.10.2016 02.01.2017 27.02.2017 ¬¸¢Ÿ¸¢÷¸ ˆÅú „œ¸¡¸ºÄÆ÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê ‚œ¸›¸ú ˆÅ¸¡¸Ä ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅú „œ¸¦¬˜¸¢÷¸ The details of attendance of the Directors at the meetings ˆ½Å ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿÀ of the Committee held during their respective tenure are as under: ¢›¸™½©¸ˆÅ ˆÅ¸ ›¸¸Ÿ¸ ‚¨¸¢š¸ ¬¸¢Ÿ¸¢÷¸ Ÿ¸Ê „›¸ˆ½Å ¤¸¾“ˆÅ¸Ê Ÿ¸Ê ˆÅ¸¡¸ÄˆÅ¸¥¸ ˆ½Å „œ¸¦¬˜¸¢÷¸ Name of the Director Period Meetings Meetings ™¸¾£¸›¸ ¬¸¿œ¸››¸ held during Attended ¤¸¾“ˆÊÅ their tenure ªú ¬¸º©¸ú¥¸ Ÿ¸ºí›¸¸½÷¸ 01.04.2016 ¬¸½ 02 02 Shri Sushil Muhnot 01.04.2016 to 02 02 26.09.2016 26.09.2016 ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ 26.09.2016 ¬¸½ 03 03 Shri R.P. Marathe 26.09.2016 to 03 03 31.03.2017 31.03.2017 ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ 01.04.2016 ¬¸½ 03 03 Shri R. Athmaram 01.04.2016 to 03 03 31.10.2016 31.10.2016 ªú ‚¸£. ˆ½Å. Š¸ºœ÷¸¸ 01.04.2016 ¬¸½ 05 05 Shri R.K.Gupta 01.04.2016 to 05 05 31.03.2017 31.03.2017 ªú ‡. ¬¸ú. £¸„÷¸ 31.03.2017 ¬¸½ 00 00 Shri. A.C. Rout 31.03.2017 to 00 00 31.03.2017 31.03.2017 ªú ¬¸¿]¸ú¨¸ ]¸¾›¸ 01.04.2016 ¬¸½ 01 01 Shri Sanjeev Jain 01.04.2016 to 01 01 18.08.2016 18.08.2016 Shri P.A. Sethi 01.04.2016 to 04 04 ªú œ¸ú. ‡. ¬¸½“ú 01.04.2016 ¬¸½ 04 04 31.03.2017 31.03.2017 Shri R. Thamodharan 01.04.2016 to 01 01 ªú ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ 01.04.2016 ¬¸½ 01 01 31.03.2017 31.03.2017 Shri Deendayal 26.07.2016 to 04 04 ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ 26.07.2016 ¬¸½ 04 04 Agrawal 31.03.2017 31.03.2017

36 Jeeef

31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¬¸¿£\¸›¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ £íúÀ The composition of the Committee as on 31st March, 2017 is as under: i. ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ ‚š¡¸®¸ i. Shri R.P.Marathe Chairman ii. ªú ‚¸£. ˆ½Å. Š¸ºœ÷¸¸ ¬¸™¬¡¸ ii. Shri R.K.Gupta Member iii. ªú ‡. ¬¸ú. £¸„÷¸ ¬¸™¬¡¸ iii. Shri A.C. Rout Member iv. ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ ¬¸™¬¡¸ iv Shri Deendayal Agrawal Member v. ªú œ¸ú. ‡. ¬¸½“ú ¬¸™¬¡¸ v. Shri P.A. Sethi Member 4.4 ¢í÷¸š¸¸£ˆÅ¸Ê ˆÅú ¬¸¿¤¸¿š¸ ¬¸¢Ÿ¸¢÷¸ 4.4 Stakeholders Relationship Committee: ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ×¸£¸ ¤¸ÿˆÅ ˆ½Å ©¸½¡¸£š¸¸£ˆÅ¸Ê/ ¢›¸¨¸½©¸ˆÅ¸Ê ˆÅú ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆ½Å ¢›¸¨¸¸£µ¸ ˆÅú The Stakeholders Relationship Committee was formed by the ™½‰¸£½‰¸ ˆ½Å ¢¥¸‡ ¢í÷¸š¸¸£ˆÅ¸Ê ˆÅú ¬¸¿¤¸¿š¸ ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ Š¸“›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸. Board to oversee the grievances redressal of Shareholders/ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¢›¸Ÿ›¸¸›¸º¬¸¸£ 04 ¤¸¾“ˆÊÅ íºƒô. Investors of the Bank. 12.05.2016 02.09.2016 08.12.2016 30.01.2017 The Committee met 04 times during the year as under. ¬¸¢Ÿ¸¢÷¸ ˆÅú „œ¸¡¸ºÄÆ÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê ‚œ¸›¸ú ˆÅ¸¡¸Ä ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅú „œ¸¦¬˜¸¢÷¸ 12.05.2016 02.09.2016 08.12.2016 30.01.2017 ˆ½Å ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿÀ The details of attendance of the Directors at the meetings of the Committee held during their respective tenure are as ¢›¸™½©¸ˆÅ ˆÅ¸ ›¸¸Ÿ¸ ‚¨¸¢š¸ ¬¸¢Ÿ¸¢÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê under: Ÿ¸Ê „›¸ˆ½Å „œ¸¦¬˜¸¢÷¸ ˆÅ¸¡¸ÄˆÅ¸¥¸ Name of the Period Meetings Meetings Director held during Attended ˆ½Å ™¸¾£¸›¸ their tenure ¬¸¿œ¸››¸ ¤¸¾“ˆÊÅ Shri 01.04.2016 to 02 02 ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ 01.04.2016 ¬¸½ 02 02 R.Athmaram 31.10.2016 31.10.2016 Shri R.K.Gupta 01.04.2016 to 04 04 ªú ‚¸£.ˆ½Å. Š¸ºœ÷¸¸ 01.04.2016 ¬¸½ 04 04 31.03.2017 31.03.2017 Shri A.C. Rout 31.03.2017 to 00 00 31.03.2017 ªú ‡. ¬¸ú. £¸„÷¸ 31.03.2017 ¬¸½ 00 00 Shri R. L. 01.04.2016 to 01 01 31.03.2017 Saydiwal 20.07.2016 ªú ‚¸£.‡¥¸. 01.04.2016 ¬¸½ 01 01 Shri P.A.Sethi 01.04.2016 to 04 04 ¬¸¸¡¸™ú¨¸¸¥¸ 20.07.2016 31.03.2017 ªú œ¸ú.‡. ¬¸½“ú 01.04.2016 ¬¸½ 04 04 Shri R. 01.04.2016 to 04 03 31.03.2017 Thamodharan 31.03.2017 Dr. Archana 01.04.2016 to 03 03 ªú ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ 01.04.2016 ¬¸½ 04 03 R.Dholakia 31.03.2017 31.03.2017 The composition of the Committee as on 31st March, 2017 is as ”¸Á. ‚\¸Ä›¸¸ ‚¸£. 01.04.2016 ¬¸½ 03 03 under: 31.03.2017 š¸¸½¥¸¢ˆÅ¡¸¸ i. Shri. R. Thamodharan Chairman 31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¬¸¿£\¸›¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ £íúÀ ii. Shri R.K. Gupta Member i. ªú ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ ‚š¡¸®¸ iii. Shri A.C. Rout Member ii. ªú ‚¸£.ˆ½Å. Š¸ºœ÷¸¸ ¬¸™¬¡¸ iv. Dr. Archana R.Dholakia Member iii. ªú ‡. ¬¸ú. £¸„÷¸ ¬¸™¬¡¸ v. Shri P.A. Sethi Member iv. ”¸Á. ‚\¸Ä›¸¸ ‚¸£. š¸¸½¥¸¢ˆÅ¡¸¸ ¬¸™¬¡¸ The position of complaints in respect of Shareholders received v. ªú œ¸ú.‡. ¬¸½“ú ¬¸™¬¡¸ and resolved during the year is as under: ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê œÏ¸œ÷¸ ‚¸¾£ ¢›¸œ¸’¸ƒÄ Š¸ƒÄ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅú ¦¬˜¸¢÷¸ Number of complaints pending as on 01.04.2016 0 ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿÀ Number of complaints received during the year 224 01.04.2016 ˆÅ¸½ ¥¸¿¢¤¸÷¸ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅú ¬¸¿‰¡¸¸ 0 Number of complaints resolved during the year 224 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œÏ¸œ÷¸ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅú ¬¸¿‰¡¸¸ 224 Number of complaints pending as on 31.03.2017 0 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¢›¸œ¸’¸ƒÄ Š¸ƒÄ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅú ¬¸¿‰¡¸¸ 224 Shri Chandrakant Bhagwat, Company Secretary has been designated as the Compliance Officer of the Bank in respect of 31.03.2017 ˆÅ¸½ ¥¸¿¢¤¸÷¸ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅú ¬¸¿‰¡¸¸ 0 compliance to the stock exchanges and investor grievances of ¤¸ÿˆÅ ˆ½Å ¢›¸¨¸½©¸ˆÅ¸Ê ˆÅú ¢©¸ˆÅ¸¡¸÷¸¸Ê ‚¸¾£ ¬’¸ÁˆÅ ‡Æ¬¸\¸Ê]¸ ˆ½Å ‚›¸ºœ¸¸¥¸›¸ ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ªú the Bank. \¸¿ÍˆÅ¸¿÷¸ ž¸¸Š¸¨¸÷¸, ˆ¿Åœ¸›¸ú ¬¸¢\¸¨¸ ˆÅ¸½ ¤¸ÿˆÅ ˆÅ¸ ‚›¸ºœ¸¸¥¸›¸ ‚¢š¸ˆÅ¸£ú œ¸™›¸¸¢Ÿ¸÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾.

37 Annual Report 2016-17

4.5 ©¸½¡¸£ ‚¿÷¸£µ¸ ¬¸¢Ÿ¸¢÷¸ 4.5 Share Transfer Committee: Besides the Stakeholders’ Relationship Committee, the ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ×¸£¸ `¢í÷¸š¸¸£ˆÅ¸Ê ˆÅú ¬¸¿¤¸¿š¸ ¬¸¢Ÿ¸¢÷¸ ˆ½Å ¬¸¸˜¸ íú `©¸½¡¸£ ‚¿÷¸£µ¸ Board has formed “Share Transfer Committee” to approve ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ Š¸“›¸ ¢ˆÅ¡¸¸ ]¸¸½ ¢ˆÅ ©¸½¡¸£¸Ê ˆ½Å ‚¿÷¸£µ¸, ’ï¸›¬¸¢Ÿ¸©¸›¸, ›¸¸Ÿ¸ í’¸‡ ]¸¸›¸½ applications of transfer, transmission and name deletion etc., ˆ½Å ‚¸¨¸½™›¸ ƒ÷¡¸¸¢™ ˆÅ¸ ‚›¸ºŸ¸¸½™›¸ ˆÅ£÷¸ú í¾. ©¸½¡¸£¸Ê ˆ½Å ‚¿÷¸£µ¸ ˆÅ¸½ ¥¸¸Š¸» ˆÅ£›¸½ ˆ½Å in respect of shares. The Committee meets at least once in ¢¥¸‡ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¤¸¾“ˆÅ 15 ¢™›¸ Ÿ¸Ê ˆÅŸ¸ ¬¸½ ˆÅŸ¸ ‡ˆÅ ¤¸¸£ í¸½÷¸ú í¾. ¤¸¸½”Ä ›¸½ ‚¸¨¸½™›¸¸Ê 15 days to effect transfer of Shares. The Board has delegated ˆ½Å ÷¸÷ˆÅ¸¥¸ ¢›¸œ¸’¸›¸ í½÷¸º 05.11.2016 ¬¸½ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ¸Ê ˆÅú ©¸½¡¸£ ‚¿÷¸£µ¸ ¬¸¿¨¸ú®¸¸ the authority to approve applications of transfer, transmission and name deletion etc., in respect of shares to Share Transfer ¬¸¢Ÿ¸¢÷¸ ˆÅ¸½ ©¸½¡¸£¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ‚¿÷¸£µ¸ ˆ½Å ‚¸¨¸½™›¸¸Ê, í¬÷¸¸¿÷¸£µ¸ ‚¸¾£ ›¸¸Ÿ¸ í’¸›¸½ Scrutiny Committee of Executives w.e.f 05.11.2016 for speedy ƒ÷¡¸¸¢™ ˆ½Å ‚›¸ºŸ¸¸½¢™÷¸ ‚¸¨¸½™›¸¸Ê í½÷¸º œÏ¸¢š¸ˆÅ¸£ú œÏ÷¡¸¸¡¸¸½¢]¸÷¸ ¢ˆÅ¡¸¸ í¾. disposal of applications. ¬¸¢Ÿ¸¢÷¸ ˆ½Å Š¸“›¸ ˆ½Å œ¸ä¸¸÷¸ ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ÷¸¸£ú‰¸¸Ê ˆÅ¸½ ¤¸¾“ˆÅ¸Ê ˆÅ¸ ‚¸¡¸¸½]¸›¸ ¢ˆÅ¡¸¸ The Committee met on following dates after its formation. Š¸¡¸¸. 11.04.2016 20.04.2016 03.05.2016 25.05.2016 03.06.2016 11.04.2016 20.04.2016 03.05.2016 25.05.2016 03.06.2016 10.06.2016 20.06.2016 05.07.2016 14.07.2016 25.07.2016 10.06.2016 20.06.2016 05.07.2016 14.07.2016 25.07.2016 01.08.2016 12.08.2016 22.08.2016 19.09.2016 23.09.2016 01.08.2016 12.08.2016 22.08.2016 19.09.2016 23.09.2016 03.10.2016 13.10.2016 27.10.2016 08.12.2016 27.02.2017 03.10.2016 13.10.2016 27.10.2016 08.12.2016 27.02.2017 The details of attendance of the Directors at the meetings was ¤¸¾“ˆÅ¸Ê Ÿ¸Ê ¢›¸™½©¸ˆÅ¸Ê ˆÅú „œ¸¦¬˜¸¢÷¸ ˆÅ¸ ¤¡¸¸¾£¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾ À as under Name of the Period Meetings held Meetings ¢›¸™½©¸ˆÅ ˆÅ¸ ›¸¸Ÿ¸ ‚¨¸¢š¸ ¬¸¢Ÿ¸¢÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê Director during their Attended Ÿ¸Ê „›¸ˆ½Å „œ¸¦¬˜¸¢÷¸ tenure on the ˆÅ¸¡¸ÄˆÅ¸¥¸ ˆ½Å committee ™¸¾£¸›¸ ¬¸¿œ¸››¸ Shri S.Muhnot 01.04.2016 to 15 09 ¤¸¾“ˆÊÅ 26.09.2016 Shri 26.09.2016 to 05 05 ªú ‡¬¸. Ÿ¸ºí›¸¸½÷¸ 01.04.2016 ¬¸½ 15 09 R.P.Marathe 31.03.2017 26.09.2016 Shri R. Athma- 01.04.2016 to 18 17 ªú ‚¸£.œ¸ú.Ÿ¸£¸“½ 26.09.2016 ¬¸½ 05 05 ram 31.10.2016 31.03.2017 Shri R.K. 01.04.2016 to 20 19 Gupta 31.03.2017 ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ 18 17 01.04.2016 ¬¸½ Shri A.C. Rout 31.03.2017 to 00 00 31.10.2016 31.03.2017 ªú ‚¸£.ˆ½Å. Š¸ºœ÷¸¸ 01.04.2016 ¬¸½ 20 19 Shri P.A. Sethi 05.11.2016 to 02 02 31.03.2017 31.03.2017 st ªú ‡. ¬¸ú. £¸„÷¸ 31.03.2017 ¬¸½ 00 00 The composition of the Committee as on 31 March, 2017 is as under: 31.03.2017 i. Shri R.P. Marathe Chairman ªú œ¸ú.‡.¬¸½“ú 05.11.2016 ¬¸½ 02 02 31.03.2017 ii. Shri R.K. Gupta Member 31 Ÿ¸¸\¸Ä, 2017 ÷¸ˆÅ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¬¸¿£\¸›¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ £íú À iii. Shri A.C. Rout Member i. ªú ‚¸£.œ¸ú.Ÿ¸£¸“½ ‚š¡¸®¸ iv. Shri P.A. Sethi Member ii. ªú ‚¸£.ˆ½Å. Š¸ºœ÷¸¸ ¬¸™¬¡¸ 4.6 Special Committee to Monitor Large Value Frauds: iii. ªú ‡. ¬¸ú. £¸„÷¸ ¬¸™¬¡¸ As per the directions of Reserve Bank of India, the Committee, iv. ªú œ¸ú.‡.¬¸½“ú ¬¸™¬¡¸ comprising of five Directors as members, was constituted 4.6 ¤¸”õú £¸¢©¸ ¨¸¸¥¸ú ]¸¸¥¸¬¸¸¢]¸¡¸¸Ê ˆÅú ¢›¸Š¸£¸›¸ú í½÷¸º ¢¨¸©¸½«¸ ¬¸¢Ÿ¸¢÷¸ to monitor large value frauds. The major functions of the Committee include monitoring and review of all the frauds of ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ‚›¸º™½©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¡¸í ¬¸¢Ÿ¸¢÷¸ Š¸¢“÷¸ ˆÅú Š¸ƒÄ í¾. ¬¸¢Ÿ¸¢÷¸ Rs.1.00 crore and above. Ÿ¸Ê 5 ¢›¸™½©¸ˆÅ ¬¸™¬¡¸ íÿ ]¸¸½ „\\¸ Ÿ¸»¥¡¸ ¨¸¸¥¸ú ]¸¸¥¸¬¸¸¢]¸¡¸¸Ê ˆÅú ¢›¸Š¸£¸›¸ú ˆÅ£÷¸½ íÿ— The Committee met 04 times during the year as under: ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ Ÿ¸º‰¡¸ ˆÅ¸¡¸Ä ²Å.1.00 ˆÅ£¸½”õ ‡¨¸¿ „¬¸¬¸½ ‚¢š¸ˆÅ ˆÅú ¬¸ž¸ú ]¸¸¥¸¬¸¸¢]¸¡¸¸Ê ˆÅú ¢›¸Š¸£¸›¸ú ‡¨¸¿ ¬¸Ÿ¸ú®¸¸ ˆÅ£›¸¸ í¾— 28.06.2016 02.09.2016 08.12.2016 27.02.2017 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¬¸¢Ÿ¸¢÷¸ ˆÅú 04 ¤¸¾“ˆÊÅ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íºƒôÀ The details of attendance of the Directors at the meetings of the Committee held during their respective tenures are as 28.06.2016 02.09.2016 08.12.2016 27.02.2017 under: ¬¸¢Ÿ¸¢÷¸ ˆÅú „œ¸¡¸ºÄÆ÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê ‚œ¸›¸ú ˆÅ¸¡¸Ä ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅú „œ¸¦¬˜¸¢÷¸ ˆ½Å ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿÀ

38 Jeeef

¢›¸™½©¸ˆÅ ˆÅ¸ ›¸¸Ÿ¸ ‚¨¸¢š¸ ¬¸¢Ÿ¸¢÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê Name of the Period Meetings held Meetings Ÿ¸Ê „›¸ˆ½Å „œ¸¦¬˜¸¢÷¸ Director during their Attended ˆÅ¸¡¸ÄˆÅ¸¥¸ ˆ½Å tenure on the ™¸¾£¸›¸ ¬¸¿œ¸››¸ committee ¤¸¾“ˆÊÅ Shri Sushil 01.04.2016 to 02 02 Muhnot 26.09.2016 ªú ¬¸º©¸ú¥¸ Ÿ¸ºí›¸¸½÷¸ 01.04.2016 ¬¸½ 02 02 26.09.2016 Shri 26.09.2016 to 02 02 R.P.Marathe 31.03.2017 ªú ‚¸£.œ¸ú.Ÿ¸£¸“½ 26.09.2016 ¬¸½ 02 02 31.03.2017 Shri R. 01.04.2016 to 02 02 Athmaram 31.10.2016 ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ 01.04.2016 ¬¸½ 02 02 31.10.2016 Shri R.K. 01.04.2016 to 04 04 ªú ‚¸£.ˆ½Å. Š¸ºœ÷¸¸ 01.04.2016 ¬¸½ 04 04 Gupta 31.03.2017 31.03.2017 Shri A. 31.03.2017 to 00 00 C.Rout 31.03.2017 ªú ‡. ¬¸ú. £¸„÷¸ 31.03.2017 ¬¸½ 00 00 31.03.2017 Shri Ateesh 01.04.2016 to 04 01 Singh 31.03.2017 ªú ‚÷¸ú©¸ ¢¬¸¿í 01 04 2016 ¬¸½ 04 01 . . Shri Sanjeev 01.04.2016 to 01 01 31.03.2017 Jain 18.08.2016 ªú ¬¸¿]¸ú¨¸ ]¸¾›¸ 01 01 01.04.2016 ¬¸½ Shri 26.07.2016 to 03 03 18.08.2016 Deendayal 31.03.2017 ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ 26.07.2016 ¬¸½ 03 03 Agrawal 31.03.2017 The composition of the Committee as on 31st March, 2017 is 31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¬¸¿£\¸›¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ £íúÀ as under: i. ªú ‚¸£.œ¸ú.Ÿ¸£¸“½ ‚š¡¸®¸ i. Shri R.P.Marathe Chairman ii. ªú ‚¸£.ˆ½Å. Š¸ºœ÷¸¸ ¬¸™¬¡¸ ii. Shri R.K. Gupta Member iii. ªú ‡. ¬¸ú. £¸„÷¸ ¬¸™¬¡¸ iii. Shri A.C. Rout Member iv. ªú ‚÷¸ú©¸ ¢¬¸¿í ¬¸™¬¡¸ iv. Shri Ateesh Singh Member v. ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ ¬¸™¬¡¸ v. Shri Deendayal Agrawal Member 4.7 ¢›¸™½©¸ˆÅ œ¸™¸½››¸¢÷¸ ¬¸¢Ÿ¸¢÷¸ 4.7 Directors’ Promotion Committee: ¨¸¢£«“ ¬÷¸£ œ¸£ œ¸™¸½››¸¢÷¸¡¸¸Ê í½÷¸º ‚š¡¸®¸ ¨¸ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ/ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ A Committee of Directors consisting of Chairman and Managing ¬¸úƒÄ‚¸½ ÷¸˜¸¸ ž¸¸£÷¸ ¬¸£ˆÅ¸£ ‡¨¸¿ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ›¸¸¢Ÿ¸÷¸ ¢›¸™½©¸ˆÅ¸Ê ¨¸¸¥¸ú Director/ Managing Director and CEO the nominee Directors ‡ˆÅ ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ Š¸“›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ¡¸í ¬¸¢Ÿ¸¢÷¸ ¬¸÷¸ˆÄÅ÷¸¸ ‚›¸º©¸¸¬¸¢›¸ˆÅ Ÿ¸¸Ÿ¸¥¸¸Ê of Government of India and Reserve Bank of India has been ÷¸˜¸¸ ¢¨¸ž¸¸Š¸ú¡¸ ˆÅ¸£Ä¨¸¸ƒ¡¸¸Ê ˆÅú ¬¸Ÿ¸ú®¸¸ ž¸ú ˆÅ£÷¸ú í¾, ¢]¸¬¸ˆ½Å ¢¥¸‡ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ formed for dealing with the promotions at senior level. The ¢›¸™½©¸ˆÅ ž¸ú ƒ¬¸ ¬¸¢Ÿ¸¢÷¸ ˆ½Å ¬¸¸˜¸ ¬¸¿¤¸Ö í¸½÷¸½ íÿ. Committee also deals with review of vigilance disciplinary cases and departmental enquiries, for which the Executive ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¬¸¢Ÿ¸¢÷¸ ˆÅú 03 ¤¸¾“ˆÊÅ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íºƒô. Director is also associated with this committee 28.06.2016 02.09.2016 09.12.2016 The Committee met 03 times during the year as under: ¬¸¢Ÿ¸¢÷¸ ˆÅú „œ¸¡¸ºÄÆ÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê ¢›¸™½©¸ˆÅ¸Ê ˆÅú „œ¸¦¬˜¸¢÷¸ ˆ½Å ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿÀ 28.06.2016 02.09.2016 09.12.2016 ¢›¸™½©¸ˆÅ ˆÅ¸ ›¸¸Ÿ¸ ‚¨¸¢š¸ ¬¸¢Ÿ¸¢÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê The details of attendance of the Directors at the aforesaid Ÿ¸Ê „›¸ˆ½Å „œ¸¦¬˜¸¢÷¸ Committee meetings are as under: ˆÅ¸¡¸ÄˆÅ¸¥¸ ˆ½Å ™¸¾£¸›¸ ¬¸¿œ¸››¸ Name of the Period Meetings held Meetings ¤¸¾“ˆÊÅ Director during their Attended tenure on the ªú ¬¸º©¸ú¥¸ Ÿ¸ºí›¸¸½÷¸ 01.04.2016 ¬¸½ 02 02 committee 26.09.2016 Shri Sushil 01.04.2016 to 02 02 ªú ‚¸£.œ¸ú. Ÿ¸£¸“½ 26.09.2016 ¬¸½ 01 01 Muhnot 26.09.2016 31.03.2017 Shri 26.09.2016 to 01 01 ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ 01.04.2016 ¬¸½ 02 02 R.P.Marathe 31.03.2017 31.10.2016 Shri R. 01.04.2016 to 02 02 Athmaram 31.10.2016 ªú ‚¸£.ˆ½Å. Š¸ºœ÷¸¸ 03 03 01.04.2016 ¬¸½ Shri R.K. 01.04.2016 to 03 03 31.03.2017 Gupta 31.03.2017 ªú ‡. ¬¸ú. £¸„÷¸ 31.03.2017 ¬¸½ 00 00 Shri A.C.Rout 31.03.2017 to 00 00 31.03.2017 31.03.2017 ªú ‚÷¸ú©¸ ¢¬¸¿í 01.04.2016 ¬¸½ 03 02 Shri Ateesh 01.04.2016 to 03 02 31.03.2017 Singh 31.03.2017 ªú ]¸ú. ªúˆºÅŸ¸¸£ 01 04 2016 ¬¸½ 03 03 Shri G. 01.04.2016 to 03 03 . . Sreekumar 31.03.2017 31.03.2017

39 Annual Report 2016-17

31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¬¸¿£\¸›¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ £íúÀ The composition of the Committee as on 31st March, 2017 is as i. ªú ‚¸£.œ¸ú.Ÿ¸£¸“½ ‚š¡¸®¸ under. ii. ªú ‚¸£.ˆ½Å. Š¸ºœ÷¸¸ ¬¸™¬¡¸ i. Shri R.P.Marathe Chairman iii. ªú ‡. ¬¸ú. £¸„÷¸ ¬¸™¬¡¸ ii. Shri R.K.Gupta Member iv. ªú ‚÷¸ú©¸ ¢¬¸¿í ¬¸™¬¡¸ iii. Shri A.C.Rout Member v. ªú ]¸ú. ªúˆºÅŸ¸¸£ ¬¸™¬¡¸ iv. Shri Ateesh Singh Member 4.8 ŠÏ¸íˆÅ ¬¸½¨¸¸ ¬¸¢Ÿ¸¢÷¸ v. Shri G. Sreekumar Member

ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¤¸ÿˆÅ ˆÅú ŠÏ¸íˆÅ ¬¸½¨¸¸ ˆÅú Š¸ºµ¸¨¸î¸¸ œ¸£ 4.8 Customer Service Committee: œÏ¸œ÷¸ œÏ¢÷¸-¬¸»\¸›¸¸‚¸Ê ˆÅ¸ œ¸º›¸£ú®¸µ¸ ˆÅ£›¸½ ‚¸¾£ ¤¸ÿˆÅ ˆÅú ˆÅ¸¡¸Ä¢¨¸¢š¸¡¸¸Ê ‚¸¾£ œÏµ¸¸¢¥¸¡¸¸Ê As per the directions of the RBI, the Committee was constituted Ÿ¸Ê ¬¸÷¸÷¸ ‚¸š¸¸£ œ¸£ ¬¸ºš¸¸£ ¥¸¸ˆÅ£ ŠÏ¸íˆÅ ¬¸½¨¸¸ ˆÅú Š¸ºµ¸¨¸î¸¸ ¬¸ºš¸¸£›¸½ í½÷¸º ›¸¨¸¸½›Ÿ¸½«¸ú to review a feed-back on quality of customer service in the Bank „œ¸¸¡¸ ‚œ¸›¸¸›¸½ ˆ½Å ¢¥¸‡ ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ Š¸“›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. and to have innovative measures for enhancing the quality of ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¬¸¢Ÿ¸¢÷¸ ˆÅú 04 ¤¸¾“ˆÊÅ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íºƒô. customer service by bringing about on-going improvements in the systems and procedures of the Bank. 11.05.2016 20.07.2016 08.12.2016 30.01.2017 The Committee met 04 times during the year as under: ¬¸¢Ÿ¸¢÷¸ ˆÅú „œ¸¡¸ºÄÆ÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê ‚œ¸›¸ú ˆÅ¸¡¸Ä ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅú „œ¸¦¬˜¸¢÷¸ 11.05.2016 20.07.2016 08.12.2016 30.01.2017 ˆ½Å ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿÀ The details of attendance of the Directors at the aforesaid ¢›¸™½©¸ˆÅ ˆÅ¸ ›¸¸Ÿ¸ ‚¨¸¢š¸ ¬¸¢Ÿ¸¢÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê Committee meetings are as under: Ÿ¸Ê „›¸ˆ½Å „œ¸¦¬˜¸¢÷¸ ˆÅ¸¡¸ÄˆÅ¸¥¸ ˆ½Å Name of the Director Period Meetings held Meetings ™¸¾£¸›¸ ¬¸¿œ¸››¸ during their tenure Attended ¤¸¾“ˆÊÅ on the committee ªú ¬¸º©¸ú¥¸ Ÿ¸ºí›¸¸½÷¸ 02 02 Shri Sushil Muhnot 01.04.2016 to 02 02 01.04.2016 ¬¸½ 26.09.2016 26.09.2016 Shri R.P. Marathe 26.09.2016 to 02 02 ªú ‚¸£.œ¸ú. Ÿ¸£¸“½ 26.09.2016 ¬¸½ 02 02 31.03.2017 31.03.2017 Shri R. Athmaram 01.04.2016 to 02 02 ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ 01.04.2016 ¬¸½ 02 02 31.10.2016 31.10.2016 Shri R.K. Gupta 01.04.2016 to 04 04 ªú ‚¸£.ˆ½Å. Š¸ºœ÷¸¸ 01.04.2016 ¬¸½ 04 04 31.03.2017 31.03.2017 Shri A.C.Rout 31.03.2017 to 00 00 31.03.2017 ªú ‡. ¬¸ú. £¸„÷¸ 31.03.2017 ¬¸½ 00 00 31.03.2017 Shri R.L. Saydiwal 01.04.2016 to 02 02 20.07.2016 ªú ‚¸£.‡¥¸. 01.04.2016 ¬¸½ 02 02 ¬¸¸¡¸™ú¨¸¸¥¸ Shri P.A. Sethi 01.04.2016 to 02 02 20.07.2016 31.03.2017 ªú œ¸ú. ‡. ¬¸½“ú 01.04.2016 ¬¸½ 02 02 Dr. Archana R. Dholakia 01.04.2016 to 02 02 31.03.2017 31.03.2017 ”¸Á. ‚\¸Ä›¸¸ ‚¸£. 01.04.2016 ¬¸½ 02 02 The composition of the Committee as on 31st March, 2017 is as š¸¸½¥¸¢ˆÅ¡¸¸ 31.03.2017 under: 31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¬¸¿£\¸›¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ £íúÀ i. Shri R.P.Marathe Chairman i. ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ ‚š¡¸®¸ ii. Shri R K.Gupta Member ii. ªú ‚¸£.ˆ½Å. Š¸ºœ÷¸¸ ¬¸™¬¡¸ iii Shri A.C. Rout Member iii. ªú ‡. ¬¸ú. £¸„÷¸ ¬¸™¬¡¸ iv Dr. Archana R.Dholakia Member iv. ”¸Á. ‚\¸Ä›¸¸ ‚¸£. š¸¸½¥¸¢ˆÅ¡¸¸ ¬¸™¬¡¸ v Shri P.A.Sethi Member v. ªú œ¸ú. ‡. ¬¸½“ú ¬¸™¬¡¸ 4.9 Remuneration Committee: 4.9 œ¸¸¢£ª¢Ÿ¸ˆÅ ¬¸¢Ÿ¸¢÷¸ The Committee was constituted to evaluate the performance ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ Š¸“›¸ œ¸»µ¸ÄˆÅ¸¢¥¸ˆÅ ¢›¸™½©¸ˆÅ¸Ê ˆ½Å ˆÅ¸¡¸Ä¢›¸«œ¸¸™›¸ ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ˆÅ£›¸½ ÷¸˜¸¸ of whole time Directors for determining the performance- „›íÊ ™½¡¸ ˆÅ¸¡¸Ä¢›¸«œ¸¸™›¸ ¬¸½ ]¸º”õú œÏ¸½÷¬¸¸í›¸ £¸¢©¸ ˆÅ¸½ ‚›¸ºŸ¸¸½¢™÷¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¢ˆÅ¡¸¸ linked incentive payable to them. The Committee evaluates the qualitative and quantitative performance of the Bank on the given Š¸¡¸¸ ˜¸¸. ¬¸¢Ÿ¸¢÷¸ ›¸½ ¤¸ÿˆÅ ˆ½Å œ¸»µ¸ÄˆÅ¸¢¥¸ˆÅ ¢›¸™½©¸ˆÅ¸Ê ˆÅ¸½ ™½¡¸ ˆÅ¸¡¸Ä¢›¸«œ¸¸™›¸ ¬¸½ ]¸º”ú parameters, to decide on the performance linked incentive, œÏ¸½÷¬¸¸í›¸ £¸¢©¸ œ¸£ ¢›¸µ¸Ä¡¸ ¥¸½›¸½ í½÷¸º ¢™‡ Š¸‡ Ÿ¸¸›¸™¿”¸Ê œ¸£ ¤¸ÿˆÅ ˆ½Å Ÿ¸¸°¸¸÷Ÿ¸ˆÅ ¨¸ admissible to the Whole Time Directors of the Bank. No such Š¸ºµ¸¸÷Ÿ¸ˆÅ ˆÅ¸¡¸Ä¢›¸«œ¸¸™›¸ ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ¢ˆÅ¡¸¸. ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¬¸¢Ÿ¸¢÷¸ ˆÅú meeting of Committee was held during the year 2016-17. ‡½¬¸ú ˆÅ¸½ƒÄ ¤¸¾“ˆÅ ‚¸¡¸¸½¢]¸÷¸ ›¸íú¿ ˆÅú Š¸ƒÄ. The composition of the Committee as on 31st March, 2017 is as under: 31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¬¸¿£\¸›¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ £íúÀ i. Shri Ateesh Singh Chairman i. ªú ‚÷¸ú©¸ ¢¬¸¿í ‚š¡¸®¸ ii. Shri.G. Sreekumar Member ii. ªú ]¸ú. ªúˆºÅŸ¸¸£ ¬¸™¬¡¸ iii Shri R. Thamodharan Member iii. ªú ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ ¬¸™¬¡¸ iv Shri Deendayal Agrawal Member iv. ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ ¬¸™¬¡¸

40 Jeeef

4.10 ›¸¸Ÿ¸¸¿ˆÅ›¸ ¬¸¢Ÿ¸¢÷¸ 4.10 Nomination Committee: In terms of RBI guidelines, the Committee was constituted to ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¢›¸¨¸¸Ä¢\¸÷¸ ©¸½¡¸£š¸¸£ˆÅ ¢›¸™½©¸ˆÅ¸Ê examine and accord ‘fit and proper’ status in respect of the ˆ½Å „œ¸¡¸ºÆ÷¸ ‚¸¾£ „¢\¸÷¸ ¬÷¸£ ˆÅú ]¸¸¿\¸ ˆÅ£›¸½ ‚¸¾£ „¬¸½ ‚›¸ºŸ¸¸½¢™÷¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ elected Shareholder Directors. The Committee comprised of ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ Š¸“›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ ˜¸¸. ¬¸¢Ÿ¸¢÷¸ Ÿ¸Ê ÷¸ú›¸ Š¸¾£-ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ íÿ ªú three non-executive directors, i.e. Shri Ateesh Singh, Shri G ‚÷¸ú©¸ ¢¬¸¿í, ªú ]¸ú. ªúˆºÅŸ¸¸£ ‚¸¾£ ”¸Á. ‚\¸Ä›¸¸ ‚¸£. [¸½¥¸¢ˆÅ¡¸¸. ¨¸«¸Ä 2016-17 Sreekumar, and Dr. Archana R. Dholakia. No such meeting of ˆ½Å ™¸¾£¸›¸ ¬¸¢Ÿ¸¢÷¸ ˆÅú ‡½¬¸ú ˆÅ¸½ƒÄ ¤¸¾“ˆÅ ‚¸¡¸¸½¢]¸÷¸ ›¸íú¿ ˆÅú Š¸ƒÄ. Committee was held during the year 2016-17. 4.11 œÏ¸¾Ô¸¸½¢Š¸ˆÅú ¬¸¢Ÿ¸¢÷¸ 4.11 Technology Committee: ¬¸»\¸›¸¸ œÏ¸¾Ô¸¸½¢Š¸ˆÅú ˆÅú „¢\¸÷¸ £µ¸›¸ú¢÷¸ ˆÅ¸ \¸¡¸›¸ ˆÅ£›¸½ ÷¸˜¸¸ ¬¸»\¸›¸¸ œÏ¸¾Ô¸¸½¢Š¸ˆÅú ˆÅú The Technology Committee of the Board was constituted in the Bank to deal with all aspects of IT Governance including ¬¸ž¸ú £µ¸›¸ú¢÷¸ˆÅ ¡¸¸½]¸›¸¸‚¸Ê ˆ½Å ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ˆÅú ¢›¸Š¸£¸›¸ú ˆÅ£›¸½ ˆ½Å ¬¸¸˜¸-¬¸¸˜¸ ¬¸»\¸›¸¸ choosing the right IT strategy and monitoring implementation œÏ¸¾Ô¸¸½¢Š¸ˆÅú Š¸¨¸›¸½ô¬¸ ˆ½Å ¬¸ž¸ú œ¸í¥¸º‚¸Ê ˆÅú ™½‰¸£½‰¸ í½÷¸º ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú œÏ¸¾Ô¸¸½¢Š¸ˆÅú of all strategic IT plans. ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ Š¸“›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ ˜¸¸— The Committee met 04 times during the year as under: ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¢›¸Ÿ›¸¸›¸º¬¸¸£ 04 ¤¸¾“ˆÊÅ íºƒô À 11.05.2016 02.09.2016 25.10.2016 30.01.2017 11.05.2016 02.09.2016 25.10.2016 30.01.2017 The details of attendance of the Directors at the aforesaid ¬¸¢Ÿ¸¢÷¸ ˆÅú „œ¸¡¸ºÄÆ÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê ‚œ¸›¸ú ˆÅ¸¡¸Ä ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅú „œ¸¦¬˜¸¢÷¸ Committee meetings are as under: ˆ½Å ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿÀ Name of the Period Meetings Meetings ¢›¸™½©¸ˆÅ ˆÅ¸ ›¸¸Ÿ¸ ‚¨¸¢š¸ ¬¸¢Ÿ¸¢÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê Director held during Attended Ÿ¸Ê „›¸ˆ½Å „œ¸¦¬˜¸¢÷¸ their tenure ˆÅ¸¡¸ÄˆÅ¸¥¸ ˆ½Å Shri R. Athmaram 01.04.2016 to 03 03 ™¸¾£¸›¸ ¬¸¿œ¸››¸ 31.10.2016 Shri R.K. Gupta 01.04.2016 to 04 04 ¤¸¾“ˆÊÅ 31.03.2017 ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ 03 03 01.04.2016 ¬¸½ Shri A.C.Rout 31.03.2017 to 00 00 31.10.2016 31.03.2017 ªú ‚¸£.ˆ½Å. Š¸ºœ÷¸¸ 01.04.2016 ¬¸½ 04 04 Shri Sanjeev Jain 01.04.2016 to 01 01 31.03.2017 18.08.2016 ªú ‡. ¬¸ú. £¸„÷¸ 31.03.2017 ¬¸½ 00 00 Shri P.A. Sethi 01.04.2016 to 04 04 31.03.2017 31.03.2017 ªú ¬¸¿]¸ú¨¸ ]¸¾›¸ 01.04.2016 ¬¸½ 01 01 Shri R. 01.04.2016 to 04 02 18.08.2016 Thamodharan 31.03.2017 ªú œ¸ú. ‡. ¬¸½“ú 01.04.2016 ¬¸½ 04 04 Dr.Archana 01.04.2016 to 03 03 31.03.2017 Dholakia 31.03.2017 st ªú ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ 01.04.2016 ¬¸½ 04 02 The composition of the Committee as on 31 March, 2017 is as under: 31.03.2017 ”¸Á. ‚\¸Ä›¸¸ ‚¸£. 01.04.2016 ¬¸½ 03 03 i. Shri. R.Thamodharan Chairman š¸¸½¥¸¢ˆÅ¡¸¸ 31.03.2017 ii. Shri. R.K.Gupta Member 31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¬¸¿£\¸›¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ £íúÀ iii. Shri. A.C.Rout Member i. ªú ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ ‚š¡¸®¸ iv. Shri. P.A.Sethi Member ii. ªú ‚¸£.ˆ½Å. Š¸ºœ÷¸¸ ¬¸™¬¡¸ v. Dr. A.R.Dholakia Member iii. ªú ‡. ¬¸ú. £¸„÷¸ ¬¸™¬¡¸ 4.12 Credit Approval Committee: iv. ªú œ¸ú. ‡. ¬¸½“ú ¬¸™¬¡¸ The Credit Approval Committee of the Board was constituted v. ”¸Á. ‚\¸Ä›¸¸ ‚¸£. š¸¸½¥¸¢ˆÅ¡¸¸ ¬¸™¬¡¸ on 10th February 2012 following the amendment to Nationalized 4.12 †µ¸ ‚›¸ºŸ¸¸½™›¸ ¬¸¢Ÿ¸¢÷¸ Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980. The Committee is vested with the powers of the £¸«’ïú¡¸ˆ¼Å÷¸ ¤¸ÿˆÅ (œÏ¤¸¿š¸›¸ ‚¸¾£ ¢¨¸¢¨¸š¸ œÏ¸¨¸š¸¸›¸) ¡¸¸½]¸›¸¸ 1970/80 Ÿ¸Ê ¬¸¿©¸¸½š¸›¸ Board with regard to credit proposals up to Rs. 250.00 crore ˆ½Å ‚›¸º¬¸£µ¸ Ÿ¸Ê Ÿ¸¿”¥¸ ˆÅú †µ¸ ‚›¸ºŸ¸¸½™›¸ ¬¸¢Ÿ¸¢÷¸ ˆÅ¸ Š¸“›¸ ¢™›¸¸¿ˆÅ 10 ûÅ£¨¸£ú individual, Rs. 500.00 crore for group exposure and loan 2012 ˆÅ¸½ ¢ˆÅ¡¸¸ Š¸¡¸¸. ¬¸¢Ÿ¸¢÷¸ ˆÅ¸½ ¨¡¸¢Æ÷¸Š¸÷¸ ²Å.250.00 ˆÅ£¸½”õ ÷¸ˆÅ ˆ½Å, ¬¸Ÿ¸»í compromise/write off proposals. In terms of the provisions, the ¢¨¸$¸¸½œ¸›¸ í½÷¸º ²Å.500.00 ˆÅ£¸½”õ ÷¸ˆÅ ˆ½Å †µ¸ œÏ¬÷¸¸¨¸ ‚¸¾£ †µ¸ ¬¸Ÿ¸^¸¸¾÷¸¸/¤¸’Ã’½ constitution of the Committee is as follows. ‰¸¸÷¸½ œÏ¬÷¸¸¨¸¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ¤¸¸½”Ä ˆ½Å ‚¢š¸ˆÅ¸£ œÏ™¸›¸ ¢ˆÅ‡ Š¸‡ íÿ. œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å ‚›¸º¬¸¸£ i. Chairman & Managing Director/ MD & CEO ¬¸¢Ÿ¸¢÷¸ ˆÅú ¬¸¿£\¸›¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾À ii. Executive Director/s i. ‚š¡¸®¸ ¨¸ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ/ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ iii. General Manager, Credit ii. ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅŠ¸µ¸ iv. General Manager, Integrated Risk Management iii. Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, †µ¸ v. General Manager, Financial Management & Accounts iv. Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¬¸Ÿ¸¦›¨¸÷¸ ]¸¸½¢‰¸Ÿ¸ œÏ¤¸¿š¸›¸ v. Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¢¨¸î¸ú¡¸ œÏ¤¸¿š¸›¸ ¨¸ ¥¸½‰¸¸

41 Annual Report 2016-17

vi. Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, †µ¸ œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸ vi. General Manager, Credit Priority vii. Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¨¸¬¸»¥¸ú ¨¸ ¢¨¸¢š¸ ¬¸½¨¸¸‡¿ vii. General Manager, Recovery and Legal Services. ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¬¸¢Ÿ¸¢÷¸ ˆÅú 22 ¤¸¾“ˆÊÅ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íºƒô. The Committee met 22 times during the year on the dates given below. ÇÅ. ¢™›¸¸¿ˆÅ ÇÅ. ¢™›¸¸¿ˆÅ ÇÅ. ¢™›¸¸¿ˆÅ 01 20.04.2016 10 29.10.2016 19 09.03.2017 Sr.No Date Sr.No Date Sr.No Date 02 05.05.2016 11 19.11.2016 20 22.03.2017 01 20.04.2016 10 29.10.2016 19 09.03.2017 03 20.05.2016 12 23.11.2016 21 29.03.2017 02 05.05.2016 11 19.11.2016 20 22.03.2017 04 08.07.2016 13 22.12.2016 22 31.03.2017 03 20.05.2016 12 23.11.2016 21 29.03.2017 05 05.08.2016 14 27.12.2016 04 08.07.2016 13 22.12.2016 22 31.03.2017 06 08.09.2016 15 13.01.2017 05 05.08.2016 14 27.12.2016 07 23.09.2016 16 21.01.2017 06 08.09.2016 15 13.01.2017 08 30.09.2016 17 10.02.2017 07 23.09.2016 16 21.01.2017 09 15.10.2016 18 23.02.2017 08 30.09.2016 17 10.02.2017 ¬¸¢Ÿ¸¢÷¸ ˆÅú „œ¸¡¸ºÄÆ÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê ‚œ¸›¸ú ˆÅ¸¡¸Ä ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅú „œ¸¦¬˜¸¢÷¸ 09 15.10.2016 18 23.02.2017 ˆ½Å ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿÀ The details of attendance of the Directors at the aforesaid Committee meetings are as Under: ¢›¸™½©¸ˆÅ ˆÅ¸ ›¸¸Ÿ¸ ‚¨¸¢š¸ ¬¸¢Ÿ¸¢÷¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê Ÿ¸Ê „›¸ˆ½Å „œ¸¦¬˜¸¢÷¸ Name of the Period Meetings held Meetings ˆÅ¸¡¸ÄˆÅ¸¥¸ Director during their tenure Attended ˆ½Å ™¸¾£¸›¸ Shri Sushil 01.04.2016 to 07 07 Muhnot 26.09.2016 ¬¸¿œ¸››¸ ¤¸¾“ˆÊÅ Shri 26.09.2016 to 15 15 ªú ¬¸º©¸ú¥¸ Ÿ¸ºí›¸¸½÷¸ 01.04.2016 ¬¸½ 07 07 R.P.Marathe 31.03.2017 26.09.2016 Shri R. Ath- 01.04.2016 to 10 10 maram 31.10.2016 ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ 26.09.2016 ¬¸½ 15 15 31 03 2017 Shri R.K. 01.04.2016 to 22 22 . . Gupta 31.03.2017 ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ 01.04.2016 ¬¸½ 10 10 Shri A.C.Rout 31.03.2017 to 00 00 31.10.2016 31.03.2017 ªú ‚¸£. ˆ½Å. Š¸ºœ÷¸¸ 01.04.2016 ¬¸½ 22 22 The meetings were also attended by the following executives. 31.03.2017 i. General Manager, Credit ªú ‡. ¬¸ú. £¸„÷¸ 31.03.2017 ¬¸½ 00 00 ii. General Manager, Integrated Risk Management 31.03.2017 iii. General Manager, Financial Management & Accounts ƒ›¸ ¤¸¾“ˆÅ¸Ê Ÿ¸Ê ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ž¸ú ©¸¸¢Ÿ¸¥¸ íº‡À iv. General Manager, Credit Priority – As per requirement i. Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, †µ¸ v. General Manager, Recovery- As per requirement ii. Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¬¸Ÿ¸¦›¨¸÷¸ ]¸¸½¢‰¸Ÿ¸ œÏ¤¸¿š¸›¸ 4.13 The meetings of Committee for Monitoring Recovery (04), iii. Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¢¨¸î¸ú¡¸ œÏ¤¸¿š¸›¸ ¨¸ ¥¸½‰¸¸ Committee for Monitoring Slippages and Stressed Accounts (03), Committee of the Board for review of identification of iv. Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, †µ¸ œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸ - ‚¸¨¸©¡¸ˆÅ÷¸¸›¸º¬¸¸£ willful default (01), Steering Committee of the Board on HR v. Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¨¸¬¸»¥¸ú-‚¸¨¸©¡¸ˆÅ÷¸¸›¸º¬¸¸£ (03) and Committee of Board as Appellate/Reviewing Authority (01) were also held during the year. 4.13 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¨¸¬¸»¥¸ú ¢›¸Š¸£¸›¸ú ¬¸¢Ÿ¸¢÷¸ (04), ˆÅ¸½¢’‚¨¸›¸¡¸›¸ ¨¸ ™¤¸¸¨¸ŠÏ¬÷¸ ‰¸¸÷¸¸Ê ˆÅú ¢›¸Š¸£¸›¸ú ¬¸¢Ÿ¸¢÷¸ (03), ƒ£¸™÷¸›¸ \¸»ˆÅ œ¸í\¸¸›¸ ˆÅú ¬¸Ÿ¸ú®¸¸ í½÷¸º ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ (Figures in bracket denote number of meetings held during the year). ¬¸¢Ÿ¸¢÷¸ (01), Ÿ¸¸›¸¨¸ ¬¸¿¬¸¸š¸›¸ œ¸£ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¬’ú¡¸¢£¿Š¸ ¬¸¢Ÿ¸¢÷¸ (03) ‚¸¾£ ‚œ¸ú¥¸ú¡¸/ ¬¸Ÿ¸ú®¸¸ œÏ¸¢š¸ˆÅ£µ¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ¬¸¢Ÿ¸¢÷¸ (01) ˆÅú 4.14 Other Committees: ¤¸¾“ˆÊÅ ž¸ú ‚¸¡¸¸½¢]¸÷¸ íºƒÄ. There are also other Committees of executives viz., Asset Liability Management Committee (ALCO), Premises (ˆÅ¸½«’ˆÅ ˆ½Å ‚¸¿ˆÅ”õ½ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ‚¸¡¸¸½¢]¸÷¸ ¤¸¾“ˆÅ¸Ê ˆÅú ¬¸¿‰¡¸¸ ™©¸¸Ä÷¸½ íÿ). Committee, High Power IT Committee, System & Procedure 4.14 ‚›¡¸ ¬¸¢Ÿ¸¢÷¸¡¸¸¿ Committee, Investment Committee, Top Management Committee, High Level Credit Committee and Audit Committee ¢¨¸¢ž¸››¸ ¢¨¸¢©¸«’ ¢¨¸ž¸¸Š¸¸Ê ˆÅú ˆÅ¸¡¸ÄœÏµ¸¸¥¸ú ˆÅú ¬¸Ÿ¸ú®¸¸ ‚¸¾£ ¬¸¿\¸¸¥¸›¸Š¸÷¸ Ÿ¸¸Š¸Ä™©¸Ä›¸/ of Executives for reviewing functioning in various specific Ÿ¸¿]¸»¢£¡¸¸Ê í½÷¸º ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ¸Ê ˆÅú ˆºÅŽ ‚›¡¸ ¬¸¢Ÿ¸¢÷¸¡¸¸¿ ]¸¾¬¸½ ‚¸¦¬÷¸ ™½¡¸÷¸¸ œÏ¤¸¿š¸›¸ areas and giving operational directions/sanctions. ¬¸¢Ÿ¸¢÷¸ (‡¥ˆÅ¸½), œ¸¢£¬¸£ ¬¸¢Ÿ¸¢÷¸, „\\¸ ‚¢š¸ˆÅ¸£ œÏ¸œ÷¸ ¬¸»\¸›¸¸ œÏ¸¾Ô¸¸½¢Š¸ˆÅú ¬¸¢Ÿ¸¢÷¸, œÏµ¸¸¥¸ú ‡¨¸¿ ¢ÇÅ¡¸¸¢¨¸¢š¸ ¬¸¢Ÿ¸¢÷¸, ¢›¸¨¸½©¸ ¬¸¢Ÿ¸¢÷¸, „\\¸ œÏ¤¸¿š¸›¸ ¬¸¢Ÿ¸¢÷¸, „\\¸ ¬÷¸£ú¡¸ †µ¸ ¬¸¢Ÿ¸¢÷¸ ÷¸˜¸¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ¸Ê ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ƒ÷¡¸¸¢™ ¬¸¢Ÿ¸¢÷¸¡¸¸¿ ž¸ú íÿ.

42 Jeeef

5. ¢›¸™½©¸ˆÅ¸Ê ˆÅ¸ œ¸¸¢£ª¢Ÿ¸ˆÅ 5. Remuneration of Directors: The Bank is governed by the Banking Regulations Act, ¤¸ÿˆÅ ˆÅ¸ ‚¢ž¸©¸¸¬¸›¸ ¤¸ÿ¢ˆ¿ÅŠ¸ ¢¨¸¢›¸¡¸Ÿ¸›¸ ‚¢š¸¢›¸¡¸Ÿ¸ 1949, ¤¸ÿ¢ˆ¿ÅŠ¸ ˆ¿Åœ¸›¸ú]¸ („œ¸ÇÅŸ¸¸Ê 1949, Banking Companies (Acquisition and Transfer of ˆÅ¸ ‚¢š¸ŠÏíµ¸ ‚¸¾£ ‚¿÷¸£µ¸) ‚¢š¸¢›¸¡¸Ÿ¸ 1970 ‚¸¾£ £¸«’ïú¡¸ˆ¼Å÷¸ ¤¸ÿˆÅ (œÏ¤¸¿š¸›¸ Undertakings) Act, 1970 and Nationalized Banks (Management ‚¸¾£ ¢¨¸¢¨¸š¸ œÏ¸¨¸š¸¸›¸) ¡¸¸½]¸›¸¸, 1970 ˆ½Å ‚š¸ú›¸ í¸½÷¸¸ í¾— ¤¸ÿˆÅ Š¸¾£-ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ & Miscellaneous Provisions) Scheme, 1970. The Bank does ¢›¸™½©¸ˆÅ¸Ê ˆÅ¸½ ž¸¸£÷¸ ¬¸£ˆÅ¸£ ×¸£¸ ¢›¸š¸¸Ä¢£÷¸ ¢¬¸¢’¿Š¸ ûÅú¬¸ ‚¸¾£ ¨¸¸¬÷¸¢¨¸ˆÅ ¡¸¸°¸¸ ‰¸\¸Ä not pay any remuneration to the Non-Executive Directors apart ˆÅ¸½ Ž¸½”õˆÅ£ ¢ˆÅ¬¸ú œÏˆÅ¸£ ˆÅ¸ œ¸¸¢£ª¢Ÿ¸ˆÅ ›¸íú¿ ™½÷¸¸ í¾— from sitting fees as fixed by the Government of India and travel expenses, on actual basis. ž¸¸£÷¸ ¬¸£ˆÅ¸£ ×¸£¸ ¢¨¸¢›¸¢™Ä«’ ¢›¸¡¸Ÿ¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ‚š¡¸®¸ ¨¸ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ/ ‡Ÿ¸”ú The Chairman and Managing Director/MD & CEO and two ‡¨¸¿ ¬¸úƒÄ‚¸½ ‚¸¾£ ™¸½ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ¸Ê (3 œ¸»µ¸ÄˆÅ¸¢¥¸ˆÅ ¢›¸™½©¸ˆÅ¸Ê) ˆÅ¸½ ¨¸½÷¸›¸ ˆ½Å Executive Directors (3 whole time directors) are being paid Ÿ¸¸š¡¸Ÿ¸ ¬¸½ œ¸¸¢£ª¢Ÿ¸ˆÅ ˆÅ¸ ž¸ºŠ¸÷¸¸›¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾— remuneration by way of salary as per rules framed by the Govt. ˆÅ) ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ‚š¡¸®¸ ¨¸ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ/ ‡Ÿ¸”ú ‡¨¸¿ ¬¸úƒÄ‚¸½ ‚¸¾£ of India. ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ¸Ê ˆÅ¸½ ‚™¸ ¢ˆÅ‡ Š¸‡ ¨¸½÷¸›¸ ˆÅ¸ ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾ A) The details of salaries paid to Chairman & Managing Director/ MD & CEO and Executive Directors during the year 2016-17 ÇÅŸ¸¸¿ˆÅ ›¸¸Ÿ¸ œ¸™›¸¸Ÿ¸ £¸¢©¸ (²Å) are as under:

1 ªú ¬¸º©¸ú¥¸ Ÿ¸ºí›¸¸½÷¸ ‚š¡¸®¸ ¨¸ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ 14,72,063.10 Sr. No. Name Designation Amount (in Rs.) 2 ªú ‚¸£. œ¸ú. Ÿ¸£¸“½ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ 13,45,074.32 1 Shri Sushil Muhnot Chairman & Managing 14,72,063.10 Director 3 ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ 14,73,216.22 2 Shri R.P. Marathe Managing Director 13,45,074.32 4 ªú ‚¸£.ˆ½Å. Š¸ºœ÷¸¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ 24,46,118.68 & CEO 5 ªú ‡. ¬¸ú. £¸„÷¸* ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ ©¸»›¡¸ 3 Shri R. Athmaram Executive Director 14,73,216.22 4 Shri R.K. Gupta Executive Director 24,46,118.68 *ªú ‡. ¬¸ú. £¸„÷¸ ˆÅ¸½ 31.03.2017 ¬¸½ ¤¸ÿˆÅ ˆÅ¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ ¢›¸¡¸ºÆ÷¸ 5 Shri A.C. Rout* Executive Director Nil ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾— *Shri A.C. Rout was appointed as the Executive Director of the ‰¸) ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅ¸½ ˆÅ¸¡¸Ä¢›¸«œ¸¸™›¸ ¬¸½ ]¸º”ú œÏ¸½÷¬¸¸í›¸ £¸¢©¸ ˆÅ¸ Bank w.e.f 31.03.2017 ž¸ºŠ¸÷¸¸›¸ ›¸íú¿ ¢ˆÅ¡¸¸ Š¸¡¸¸. B) No Performance linked Incentive was paid to the Directors Š¸) ¤¸ÿˆÅ ˆÅú ˆÅ¸½ƒÄ ¬’¸ÁˆÅ ¢¨¸ˆÅ¥œ¸ ›¸ú¢÷¸ ›¸íú¿ í¾. during the Financial Year 2016-17: ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ Š¸¾£-ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ¸Ê ˆÅ¸½ œÏ™î¸ ˆºÅ¥¸ ¢¬¸¢’¿Š¸ ûÅú¬¸ C) The Bank does not have any stock options policy. ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾À (œ¸»µ¸ÄˆÅ¸¢¥¸ˆÅ ¢›¸™½©¸ˆÅ¸Ê ÷¸˜¸¸ ž¸¸£÷¸ ¬¸£ˆÅ¸£ ˆ½Å œÏ¢÷¸¢›¸¢š¸ ¢›¸™½©¸ˆÅ The total Sitting Fee paid to the Non-Executive Directors during ‚¸¾£ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆÅ¸ œÏ¢÷¸¢›¸¢š¸÷¨¸ ˆÅ£›¸½ ¨¸¸¥¸½ ‚¸¢š¸ˆÅ¸¢£ˆÅ ¢›¸™½©¸ˆÅ ˆÅ¸½ the year 2016-17 is as under: (No sitting fee is payable to ˆÅ¸½ƒÄ ¢¬¸¢’¿Š¸ ûÅú¬¸ ™½¡¸ ›¸íú¿ í¾)— Whole Time Directors and Director representing Government of India and official Director representing Reserve Bank of ‚›¸º.ÇÅ ¢›¸™½©¸ˆÅ ˆÅ¸ ›¸¸Ÿ¸ œÏ™î¸ £¸¢©¸ (²Å.) India).

1 ªú ‚¸£.‡¥¸. ¬¸¸¡¸™ú¨¸¸¥¸ 1,50,000 Sr. No. Name of the Director Amount Paid ( Rs.) 2 ªú ¬¸¿]¸ú¨¸ ]¸¾›¸ 1,60,000 01 Shri. R.L. Saydiwal 1,50,000 02 Shri. Sanjeev Jain 1,60,000 3 ªú œ¸ú. ‡. ¬¸½“ú 6,50,000 03 Shri P. A Sethi 6,50,000 4 ªú ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ 3,70,000 04 Shri R. Thamodharan 3,70,000 05 Dr. Archana R. Dholakia 4,30,000 5 ªúŸ¸÷¸ú ‚\¸Ä›¸¸ ‚¸£. š¸¸½¥¸¢ˆÅ¡¸¸ 4,30,000 06 Shri Deendayal Agrawal 3,50,000 6 ªú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ 3,50,000 Total 21,10,000 Besides this sitting fees of Rs.10,000/- each is paid to External ˆºÅ¥¸ 21,10,000 experts i.e. Mrs. S.A. Panse, Mrs. Asha Bhandarkar & Mrs. ƒ¬¸ˆ½Å ‚¥¸¸¨¸¸ ÇÅŸ¸©¸À ¢™›¸¸¿ˆÅ 16.04.2016, 12.09.2016 ‚¸¾£ 08.12.2016 Gitika Kapoor for attending the meeting of Steering Committee of the Board on HR held on 16.04.2016, 12.09.2016 and ˆÅ¸½ Ÿ¸¸›¸¨¸ ¬¸¿¬¸¸š¸›¸ œ¸£ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¬’ú¡¸¢£¿Š¸ ¬¸¢Ÿ¸¢÷¸ ˆÅú ¤¸¾“ˆÅ Ÿ¸Ê ¬¸íž¸¸¢Š¸÷¸¸ 08.12.2016 respectively. í½÷¸º ¤¸¸à¸ ¢¨¸©¸½«¸±¸ ªúŸ¸÷¸ú ‡¬¸. ‡. œ¸¸›¸¬¸½, ªúŸ¸÷¸ú ‚¸©¸¸ ž¸¿”¸£ˆÅ£ ‚¸¾£ ªúŸ¸÷¸ú ¢Š¸¢÷¸ˆÅ¸ ˆÅœ¸»£ ˆÅ¸½ œÏ¢÷¸ ¨¡¸¢Æ÷¸ ³Å.10,000/- ¤¸¾“ˆÅ ©¸º¥ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ž¸ºŠ¸÷¸¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸.

43 Annual Report 2016-17

6. ¬¸¨¸Ä¬¸¸š¸¸£µ¸ ¤¸¾“ˆÊÅ À 6. General Body Meetings: 6.1 Details of General Body Meetings of shareholders held 6.1 ¢œ¸Ž¥¸½ ÷¸ú›¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ‚¸¡¸¸½¢]¸÷¸ ¤¸ÿˆÅ ˆ½Å ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆÅú ¬¸¨¸Ä¬¸¸š¸¸£µ¸ during the last three years are given below: ¤¸¾“ˆÅ¸Ê ˆ½Å ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿÀ Nature Date & Venue Purpose œÏˆÅ¸£ ¢™›¸¸¿ˆÅ ¨¸ ¬¸Ÿ¸¡¸ ¬˜¸¸›¸ „Ó½©¡¸ Time Š¡¸¸£í¨¸ú¿ ¨¸¸¢«¸ÄˆÅ 26 ]¸»›¸ 2014 ˆÅ¸½ ‚œœ¸¸ ¬¸¸í½¤¸ ]¸¸½Š¸ (i) ¨¸«¸Ä 2013- Eleventh At 10.30 Appasaheb i) Adoption of ¬¸¸š¸¸£µ¸ œÏ¸÷¸À 10.30 ¤¸]¸½ í¸Á¥¸, 2014 ˆ½Å ¢¥¸‡ ¥¸½‰¸¸ Annual a.m. on Joag Hall, audited Annual ¤¸¾“ˆÅ ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï, œ¸£ú¢®¸÷¸ ¨¸¸¢«¸ÄˆÅ General 26h June Bank of accounts for the ¥¸¸½ˆÅŸ¸¿Š¸¥¸, 1501, ¥¸½‰¸¸Ê ˆÅ¸½ ‚œ¸›¸¸›¸¸ Meeting 2014 Maharashtra, year 2013-14, Lokmangal, confirmation of ¢©¸¨¸¸]¸ú ›¸Š¸£ œ¸ºµ¸½ ‚¸¾£ ¨¸«¸Ä 2013- 1501, Interim Dividend for -411005 2014 ˆ½Å ¢¥¸‡ Shivajinagar, the year 2013-14. ‚¿÷¸¢£Ÿ¸ ¥¸¸ž¸¸¿©¸ ˆÅú Pune-411 005. ii) Approval for œ¸º¦«’ issue of equity (ii)ž¸¸£÷¸ ¬¸£ˆÅ¸£ share capital on preferential basis ×¸£¸ ‚¸¡¸¸½¢]¸÷¸ to Government of œ¸ú‡›¸¬¸úœ¸ú‡¬¸ ˆ½Å India by conversion ³Åœ¸¸¿÷¸£µ¸ ‚¸¾£ of PNCPS held ‡¥¸‚¸ƒÄ¬¸ú ˆÅ¸½ by Govt of India, ƒ¦Æ¨¸’ú ©¸½¡¸£¸Ê ˆ½Å preferential issue of equity shares to LIC ‚¢š¸Ÿ¸¸›¡¸ Ÿ¸¸Ÿ¸¥¸¸Ê of India ( Special ×¸£¸ ž¸¸£÷¸ ¬¸£ˆÅ¸£ Resolution). ˆÅ¸½ ƒÄ¦Æ¨¸’ú ©¸½¡¸£¸Ê ˆ½Å iii) Election of ‚¢š¸Ÿ¸¸›¸ ‚¸¤¸¿’›¸ ˆÅ¸½ one shareholder ‚›¸ºŸ¸¸½™›¸ (¢¨¸©¸½«¸ director. œÏ¬÷¸¸¨¸). Twelfth At 10.30 Appasaheb i) Adoption of Annual a.m. on Joag Hall, audited Annual (iii) ‡ˆÅ General 29th June Bank of accounts for the ©¸½¡¸£š¸¸£ˆÅ ¢›¸™½©¸ˆÅ Meeting 2015 Maharashtra, year 2014-15 and ˆÅ¸ \¸º›¸¸¨¸ Lokmangal, declaration of ¤¸¸£í¨¸ú¿ ¨¸¸¢«¸ÄˆÅ 29 ]¸»›¸ 2015 ˆÅ¸½ ‚œœ¸¸ ¬¸¸í½¤¸ ]¸¸½Š¸ i) ¨¸«¸Ä 2014-15 ˆ½Å 1501, dividend for the ¬¸¸š¸¸£µ¸ ¤¸¾“ˆÅ œÏ¸÷¸À 10.30 ¤¸]¸½ í¸Á¥¸, ¢¥¸‡ ¥¸½‰¸¸ œ¸£ú¢®¸÷¸ Shivajinagar, year 2014-15. Pune-411 005. ii) To raise capital ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï, ¨¸¸¢«¸ÄˆÅ ¥¸½‰¸¸Ê ˆÅ¸½ through FPO/ ¥¸¸½ˆÅŸ¸¿Š¸¥¸, 1501, ‚œ¸›¸¸›¸¸ ‚¸¾£ ¨¸«¸Ä Rights/ QIP ¢©¸¨¸¸]¸ú ›¸Š¸£ œ¸ºµ¸½ 2014-15 ˆ½Å etc., (Special -411005 ¥¸¸ž¸¸¿©¸ ˆÅú ‹¸¸½«¸µ¸¸ Resolution). ii) ‡ûÅœ¸ú‚¸½/ iii) Election of one Shareholder ‚¢š¸ˆÅ¸£/Æ¡¸»‚¸ƒÄœ¸ú director. ‚¸¢™ ×¸£¸ œ¸»¿]¸ú Extra At 10.30 Appasaheb i) Approval for issue ¤¸[õ¸›¸½ ˆ½Å ¢¥¸‡ Ordinary a.m. on Joag Hall, of equity shares on (¢¨¸©¸½«¸ œÏ¬÷¸¸¨¸) General 06th Bank of preferential basis iii) ‡ˆÅ ©¸½¡¸£š¸¸£ˆÅ Meeting October, Maharashtra, to Government of 2015 Lokmangal, India by (Special ¢›¸™½©¸ˆÅ ˆÅ¸ ¢›¸¨¸¸Ä\¸›¸ 1501, Resolution). ‚¬¸¸š¸¸£µ¸ ¬¸¸Ÿ¸¸›¡¸ 06 ‚Æ÷¸»¤¸£, ‚œœ¸¸ ¬¸¸í½¤¸ ]¸¸½Š¸ i) ž¸¸£÷¸ ¬¸£ˆÅ¸£ ˆÅ¸½ Shivajinagar, ¤¸¾“ˆÅ 2015 ˆÅ¸½ œÏ¸÷¸À í¸Á¥¸, ƒÄ¦Æ¨¸’ú ©¸½¡¸£¸Ê ˆ½Å Pune-411 005. 10.30 ¤¸]¸½ ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï, ‚¢š¸Ÿ¸¸›¸ ‚¸¤¸¿’›¸ ˆÅ¸½ Thirteenth At 10.00 Appasaheb i) Adoption of ¥¸¸½ˆÅŸ¸¿Š¸¥¸, 1501, ¢¨¸©¸½«¸ ¬¸¿ˆÅ¥œ¸ ×¸£¸ Annual a. on 29th Joag Hall, audited Annual ¢©¸¨¸¸]¸ú ›¸Š¸£ ‚›¸ºŸ¸¸½™›¸ General June, Bank of accounts for the Meeting 2016 Maharashtra, year 2015-16. œ¸ºµ¸½ - 411005 Lokmangal, ii) To raise capital ÷¸½£í¨¸ú¿ ¨¸¸¢«¸ÄˆÅ 29 ]¸»›¸ 2016 ˆÅ¸½ ‚œœ¸¸ ¬¸¸í½¤¸ ]¸¸½Š¸ i) ¨¸«¸Ä 2015-16 ˆ½Å 1501, through FPO/ ¬¸¸š¸¸£µ¸ ¤¸¾“ˆÅ œÏ¸÷¸À 10.00 ¤¸]¸½ í¸Á¥¸, ¢¥¸‡ ¥¸½‰¸¸ œ¸£ú¢®¸÷¸ Shivajinagar, Right issue/ QIP ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï, ¨¸¸¢«¸ÄˆÅ ¥¸½‰¸¸Ê ˆÅ¸½ Pune-411 005. etc., (Special ¥¸¸½ˆÅŸ¸¿Š¸¥¸, 1501, ‚œ¸›¸¸›¸¸ Resolution). ¢©¸¨¸¸]¸ú ›¸Š¸£ ii) ‡ûÅœ¸ú‚¸½/ œ¸ºµ¸½ - 411005 ‚¢š¸ˆÅ¸£/Æ¡¸»‚¸ƒÄœ¸ú ƒ÷¡¸¸¢™ ¬¸½ œ¸»¿]¸ú „ž¸¸£›¸¸(¢¨¸©¸½«¸ œÏ¬÷¸¸¨¸).

44 Jeeef

6.2 ¢™›¸¸¿ˆÅ 29.06.2016 ˆÅ¸½ ¬¸¿œ¸››¸ ÷¸½£í¨¸ú¿ ¬¸¸š¸¸£µ¸ ¨¸¸¢«¸ÄˆÅ ¬¸¸š¸¸£µ¸ ‚¸Ÿ¸ ¬¸ž¸¸ Ÿ¸Ê 6.2 In the Thirteenth Annual General Meeting held on 29.06.2016, ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ œÏ¬÷¸¸¨¸ œ¸¸¢£÷¸ íº‡. following Special Resolution was passed: a. To raise capital through FPO/ Rights issue/ QIP etc., upto Rs. ˆÅ. ³Å. 1000/- ˆÅ£¸½”õ ÷¸ˆÅ ‡ûÅœ¸ú‚¸½/‚¢š¸ˆÅ¸£/Æ¡¸»‚¸ƒÄœ¸ú ƒ÷¡¸¸¢™ ¬¸½ œ¸»¿]¸ú „ž¸¸£›¸¸. 1,000/- Crore. 6.3 ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ”¸ˆÅ Ÿ¸÷¸œ¸°¸ ˆ½Å ×¸£¸ ˆÅ¸½ƒÄ ¢¨¸©¸½«¸ ¬¸¿ˆÅ¥œ¸ ]¸¸£ú 6.3 No special Resolution was passed through Postal Ballot during ›¸íú¿ ˆÅ£›¸¸. the financial year 2016-17. 6.4 ¢¨¸î¸ Ÿ¸¿°¸¸¥¸¡¸, ž¸¸£÷¸ ¬¸£ˆÅ¸£ ›¸½ ¬¸Ÿ¸¡¸-¬¸Ÿ¸¡¸ œ¸£ ž¸¸£÷¸ ˆ½Å £¸«’ïœ¸¢÷¸ ˆÅ¸ ‡ˆÅ 6.4 The Ministry of Finance, Government of India had sent an œÏ¸¢š¸ˆ¼Å÷¸ œÏ¢÷¸¢›¸¢š¸ ¬¸¸š¸¸£µ¸ ‚¸Ÿ¸ ¬¸ž¸¸ Ÿ¸Ê ž¸¸Š¸ ¥¸½›¸½ ˆ½Å ¢¥¸‡ ž¸½]¸¸. authorized representative of President of India, to attend the General Meetings of the Bank from time to time. 7. œÏˆÅ’úˆÅ£µ¸ 7. Disclosures: 7.1 ¬¸¸Ÿ¸¸›¡¸ ¤¸ÿ¢ˆ¿ÅŠ¸ ˆ½Å ™¸¾£¸›¸ í¸½›¸½ ¨¸¸¥¸½ ¨¡¸¨¸í¸£¸Ê ˆÅ¸½ Ž¸½”õˆÅ£ ¤¸ÿˆÅ ˆ½Å œÏ¨¸÷¸ÄˆÅ¸Ê/¢›¸™½©¸ˆÅ¸Ê, 7.1 Other than those in the normal course of banking business, œÏ¤¸¿š¸›¸, ¤¸ÿˆÅ ˆÅú ¬¸í¸¡¸ˆÅ ˆ¿Åœ¸¢›¸¡¸¸Ê, ‚˜¸¨¸¸ ¢£©÷¸½™¸£¸Ê ƒ÷¡¸¸¢™ ˆ½Å ¬¸¸˜¸ ‡½¬¸¸ ˆÅ¸½ƒÄ the Bank has not entered into any materially significant related „¥¥¸½‰¸›¸ú¡¸ ¬¸¿¤¸Ö ¬¸¿¨¡¸¨¸í¸£ ›¸íú¿ ˜¸¸ ¢]¸¬¸ˆÅ¸ ¤¸ÿˆÅ ˆ½Å ¢í÷¸¸Ê ¬¸½ ˆÅ¸½ƒÄ œÏž¸¸¨¸ú party transactions with its Promoters / Directors, Management, œÏ÷¡¸®¸ ’ˆÅ£¸¨¸ íº‚¸ í¸½. ¬¸¿¤¸¿¢š¸÷¸ œ¸¸’úÄ ¥¸½›¸™½›¸ ÷¸˜¸¸ ¬¸¸Ÿ¸ŠÏú ¬¸í¸¡¸ˆÅ ˆ¿Åœ¸¢›¸¡¸¸Ê their subsidiaries, or relatives, etc. that may have potential ˆ½Å ¢›¸š¸¸Ä£µ¸ œ¸£ ¤¸ÿˆÅ ×¸£¸ ›¸ú¢÷¸ ‚œ¸›¸¸¡¸ú Š¸¡¸ú í¾ ÷¸˜¸¸ ¡¸í ¤¸ÿˆÅ ˆÅú ¨¸½¤¸¬¸¸ƒÄ’À conflict with the interests of the Bank at large. Bankhas www.bankofmaharashtra.in œ¸£ „œ¸¥¸¤š¸ í¾. adopted the policy on Related Party Transactions and Determination of Material subsidiaries and same are available 7.2 ¬¸Ÿ¸ú®¸¸š¸ú›¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ›¸½ œ¸»¿]¸ú ¤¸¸]¸¸£ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ˆÅ¸½ œ¸»£¸ on Bank’s website i.e. www.bankofmaharashtra.in. ¢ˆÅ¡¸¸. ¢¨¸¢›¸¡¸¸Ÿ¸ˆÅ œÏ¸¢š¸ˆÅ¸¢£¡¸¸Ê ›¸¸Ÿ¸÷¸À ¬¸½¤¸ú, ¬’¸ÁˆÅ ‡Æ¬¸\¸Ê]¸ ‚¸¾£ ‚›¡¸ ¢¨¸¢š¸ˆÅ 7.2 During the year under review, the Bank has complied with œÏ¸¢š¸ˆÅ¸£ú ×¸£¸ ¢ˆÅ¬¸ú ˆÅ¸›¸»›¸, ¢™©¸¸¢›¸™½©¸ ‚¸¾£ ¢›¸™½©¸¸Ê ¡¸¸ œ¸»¿]¸ú ¤¸¸]¸¸£ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ all requirements regarding capital market related matters Ÿ¸¸Ÿ¸¥¸¸Ê ˆÅ¸ ‚›¸ºœ¸¸¥¸›¸ ›¸ ˆÅ£›¸½ œ¸£, ¤¸ÿˆÅ œ¸£ ¢œ¸Ž¥¸½ ÷¸ú›¸ ¨¸«¸¸½ô ˆ½Å ™¸¾£¸›¸ Ÿ¸¢í¥¸¸ and no penalties were imposed nor were any strictures ¢›¸™½©¸ˆÅ ˆÅú Š¸¾£-¢›¸¡¸º¢Æ÷¸ ˆ½Å ¢¥¸‡ Ÿ¸º¿¤¸ƒÄ ¬’¸ÁˆÅ ‡Æ¬¸\¸Ê]¸ (¤¸ú‡¬¸ƒÄ) ‚¸¾£ ›¸½©¸›¸¥¸ passed against the Bank by Regulatory authorities, viz. SEBI, Stock Exchanges or any other statutory authorities for non- ¬’¸ÁˆÅ ‡Æ¬¸\¸Ê]¸ ‚¸ÁûÅ ƒ¿¢”¡¸¸ ¢¥¸. (‡›¸‡¬¸ƒÄ) ×¸£¸ „›¸ˆ½Å ¬¸¿œÏ½«¸µ¸ ¢™›¸¸¿ˆÅ 06/05 compliance of any law, guidelines and directives or any matter ‚Æ÷¸»¤¸£, 2015 ˆ½Å ‚›¸º¬¸¸£ ³Å.1,42,000/- ˆÅú š¸›¸£¸¢©¸ ˆ½Å ‚¥¸¸¨¸¸ ˆÅ¸½ƒÄ ™¿” related to Capital Market during last three years except the ¡¸¸ œÏ¢÷¸¤¸¿š¸ ›¸íú¿ ¥¸Š¸¸¡¸¸ Š¸¡¸¸. ÷¸˜¸¸¢œ¸ ˆÊÅÍ ¬¸£ˆÅ¸£ ×¸£¸ ¢™. 28.01.2016 ¬¸½ penalty imposed by the BSE Ltd and National Stock Exchange Ÿ¸¢í¥¸¸ ¢›¸™½©¸ˆÅ ˆÅú ¢›¸¡¸º¢Æ÷¸ ˆÅú Š¸¡¸ú ˜¸ú. of India Ltd., vide their communication dated 06th/05th October, 2015 to the tune of Rs.1,42,000/- for non-appointment of 7.3 œÏ¤¸¿š¸›¸ \¸\¸¸Ä ‚¸¾£ ¢¨¸©¥¸½«¸µ¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅú ¢£œ¸¸½’Ä ˆ½Å ‚¿Š¸ í¾. Woman Director. However, Woman Director was appointed by 7.4 ¬¸½¤¸ú (¢¥¸¦¬’¿Š¸ ‚¢›¸¨¸¸¡¸Ä÷¸¸‡¿ ‚¸¾£ œÏˆÅ’›¸ ‚¸¨¸©¡¸ˆÅ÷¸¸‡¿) ¢¨¸¢›¸¡¸Ÿ¸ 2015 ˆ½Å the Central Government w.e.f 28.01.2016. œÏ¸¨¸š¸¸›¸¸Ê ˆÅ¸ ‚›¸ºœ¸¸¥¸›¸. 7.3 The Management Discussion and Analysis forms part of the ¤¸ÿˆÅ ›¸½ ¢]¸¬¸ ¬¸úŸ¸¸ ÷¸ˆÅ ¥¸¸Š¸» í¾, „¬¸ ¬¸úŸ¸¸ ÷¸ˆÅ ¬¸½¤¸ú ˆÅú ¬¸ž¸ú ‚¢›¸¨¸¸¡¸Ä Board of Directors’ Report. ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê (¢¥¸¦¬’¿Š¸ ‚¢›¸¨¸¸¡¸Ä÷¸¸‡¿ ‚¸¾£ œÏˆÅ’›¸ ‚¸¨¸©¡¸ˆÅ÷¸¸‡¿) ¢¨¸¢›¸¡¸Ÿ¸ 7.4 Compliance with the provisions of SEBI (Listing Obligations 2015 ˆ½Å œÏ¸¨¸š¸¸›¸¸Ê ˆÅ¸ ‚›¸ºœ¸¸¥¸›¸ ¢ˆÅ¡¸¸ í¾ ‚¸¾£ Š¸¾£-‚¢›¸¨¸¸¡¸Ä ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ˆÅ¸ and Disclosure Requirements) Regulations, 2015. œ¸¸¥¸›¸ ˆÅ£›¸½ í½÷¸º ˆÅ™Ÿ¸ „“¸‡. The Bank has complied with all the mandatory requirements of provisions of SEBI (Listing Obligations and Disclosure ˆÅ) ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ‚¢›¸¨¸¸¡¸Ä ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ˆÅ¸ ‚›¸ºœ¸¸¥¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸- Requirements) Regulations, 2015 to the extent applicable i. ¬¸½¤¸ú œÏ¨¸¸š¸¸›¸¸Ê (¢¥¸¦¬’¿Š¸ ‚¢›¸¨¸¸¡¸Ä÷¸¸‡¿ ‚¸¾£ œÏˆÅ’›¸ ‚¸¨¸©¡¸ˆÅ÷¸¸‡¿) ¢¨¸¢›¸¡¸Ÿ¸ and has also taken steps to comply with other non-mandatory 2015 ˆ½Å œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¬¸úƒÄ‚¸½/¬¸ú‡ûÅ‚¸½ œÏŸ¸¸µ¸›¸, ¤¸ÿˆÅ ˆ½Å œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ requirements. ‡¨¸¿ Ÿ¸º‰¡¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ‚¢š¸ˆÅ¸£ú ‡¨¸¿ Ÿ¸í¸œÏ¤¸¿š¸ˆÅ-¢¨¸î¸ú¡¸ œÏ¤¸¿š¸›¸ ¨¸ ¥¸½‰¸¸ (Ÿ¸º‰¡¸ a) Following mandatory requirements are complied with: ¢¨¸î¸ú¡¸ ‚¢š¸ˆÅ¸£ú) ›¸½ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅ¸½ œÏŸ¸¸¢µ¸÷¸ ¢ˆÅ¡¸¸ í¾ ¢ˆÅ ¤¸ÿˆÅ ˆ½Å ¢¨¸î¸ú¡¸ i. CEO/CFO Certification as per provisions of SEBI (Listing ¢¨¸¨¸£µ¸¸Ê Ÿ¸Ê ˆÅ¸½ƒÄ ‚¨¸¸¬÷¸¢¨¸ˆÅ ˆÅ˜¸›¸ ›¸íú¿ í¾ ‚˜¸¨¸¸ ˆÅ¸½ƒÄ Ÿ¸í÷¨¸œ¸»µ¸Ä ]¸¸›¸ˆÅ¸£ú Ž¸½”ú Obligations and Disclosure Requirements) Regulations, 2015, the Managing Director and Chief Executive Officer & General ›¸íú¿ Š¸ƒÄ í¾ ¢ˆÅ ¤¸ÿˆÅ ˆ½Å ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê Ÿ¸Ê ˆÅ¸½ƒÄ ‚¨¸¸¬÷¸¢¨¸ˆÅ ˆÅ˜¸›¸ ›¸íú¿ í¾ ‚˜¸¨¸¸ Manager FM&A (Chief Financial Officer) of the Bank have ˆÅ¸½ƒÄ žÏ¸Ÿ¸ˆÅ ¢¨¸¨¸£µ¸ ›¸íú¿ ¢™¡¸¸ Š¸¡¸¸ í¾. ¬¸ž¸ú ¢¨¸¨¸£µ¸ ¢Ÿ¸¥¸ˆÅ£ ¤¸ÿˆÅ ˆ½Å ˆÅ¸¡¸ÄˆÅ¥¸¸œ¸¸Ê certified to the Board that the financial statements donot ˆÅ¸ ¬¸íú ‚¸¾£ ¨¸¸¬÷¸¢¨¸ˆÅ ¤¡¸¸½£¸ œÏ¬÷¸º÷¸ ˆÅ£÷¸½ íÿ ‚¸¾£ ¨¸÷¸ÄŸ¸¸›¸ ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ¸Ê, ¥¸¸Š¸» contain an materially untrue statement or omit any material ˆÅ¸›¸»›¸ ‚¸¾£ ¢¨¸¢›¸¡¸Ÿ¸¸¨¸¢¥¸¡¸¸Ê ˆÅ¸ ‚›¸ºœ¸¸¥¸›¸ ¢¬¸Ö ˆÅ£÷¸½ íÿ. œÏŸ¸¸µ¸œ¸°¸ ¨¸¸¢«¸ÄˆÅ ¢£œ¸¸½’Ä fact or contains statement that might be misleading and that ˆÅ¸ ‚¿Š¸ íÿ. ¤¸ÿˆÅ ˆ½Å Ÿ¸¸Ÿ¸¥¸¸Ê ˆÅ¸ ‚¸¾£ Ÿ¸¸¾]¸»™¸ ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ¸Ê, ¥¸¸Š¸» ˆÅ¸›¸»›¸¸Ê ‚¸¾£ the statements together present a true and fair view of the Bank’s affairs and are in compliance with existing Accounting ¢¨¸¢›¸¡¸Ÿ¸¸Ê ˆ½Å ‚›¸ºœ¸¸¥¸›¸ Ÿ¸Ê íÿ— œÏŸ¸¸µ¸œ¸°¸ ¨¸¸¢«¸ÄˆÅ ¢£œ¸¸½’Ä ˆÅ¸ ¢í¬¬¸¸ í¾ Standards, applicable Laws and Regulations. The certificate ii ‡½¬¸¸ ˆÅ¸½ƒÄ Ÿ¸í÷¨¸œ¸»µ¸Ä ¬¸¿¤¸¿¢š¸÷¸ œ¸¸’úÄ ¬¸¿¨¡¸¨¸í¸£ ›¸íú¿ í¾ ¢]¸¬¸¬¸½ ¤¸ÿˆÅ ˆ½Å ¢í÷¸¸Ê ˆ½Å ¬¸¸˜¸ forms part of the Annual Report. ¤¸”õ½ œ¸¾Ÿ¸¸›¸½ œ¸£ ¬¸¿ž¸¸¢¨¸÷¸ ’ˆÅ£¸¨¸ í¸½. ƒ¬¸ ¬¸¿¤¸¿š¸ Ÿ¸Ê ‚¸£¤¸ú‚¸ƒÄ ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ii. There is no materially significant Related Party Transaction ‚›¸ºœ¸¸¥¸›¸ Ÿ¸Ê ‰¸¸÷¸¸Ê œ¸£ ›¸¸½’Ã¬¸ Ÿ¸Ê ¬¸¿¤¸¿¢š¸÷¸ œ¸¸’úÄ ¬¸¿¨¡¸¨¸í¸£¸Ê ˆÅ¸ œÏˆÅ’›¸ ¢ˆÅ¡¸¸ í¾. that has potential conflict with interests of the Bank at large. iii ¦¨í¢¬¸¥¸ ¤¥¸¸½‚£ œ¸¸Á¢¥¸¬¸ú ˆÅ¸½ š¸¸½‰¸¸š¸”õú ]¸¸½¢‰¸Ÿ¸ œÏ¤¸¿š¸›¸ ›¸ú¢÷¸ ˆÅ¸ ž¸¸Š¸ ¤¸›¸¸¡¸¸ Š¸¡¸¸ The Related Party Transactions are disclosed in the Notes on Accounts in compliance with RBI Guidelines in this regard. í¾, ¢]¸¬¸ˆÅ¸ ‚›¸ºŸ¸¸½™›¸ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ×¸£¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. iii Whistle Blower policy is made a part of the Fraud Risk iv ¬¸¿¤¸¿¢š¸÷¸ œ¸¸’úÄ ¬¸¿¨¡¸¨¸í¸£ œ¸£ ¤¸ÿˆÅ ˆÅú ›¸ú¢÷¸ ¤¸ÿˆÅ ˆÅú ¨¸½¤¸¬¸¸ƒ’ Management Policy approved by the Board. www.bankofmaharashtra.in œ¸£ œ¸¸½¬’ ˆÅú Š¸ƒÄ í¾. ¬¸¿¤¸¿¢š¸÷¸ œ¸¸’úÄ ¬¸¿¨¡¸¨¸í¸£¸Ê ˆ½Å ¢¨¸¨¸£µ¸ ˆÅ¸ „¥¥¸½‰¸ ‡‡¬¸ -18 ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. iv The Bank’s policy on Related Party transaction is posted on Bank’s website i.e. www.bankofmaharashtra.in. The details of v ¢›¸™½©¸ˆÅ¸Ê ‚¸¾£ ¨¸¢£«“ œÏ¤¸¿š¸›¸ ˆ½Å ¢¥¸‡ ‚¸\¸¸£ ¬¸¿¢í÷¸¸ ¤¸ÿˆÅ ˆÅú ¨¸½¤¸¬¸¸ƒ’ related party transactions are mentioned under AS-18. www.bankofmaharashtra.in œ¸£ œ¸¸½¬’ ˆÅú Š¸ƒÄ í¾. v. Code of Conduct for Directors and Senior Management is posted on Bank’s website i.e. www.bankofmaharashtra.in.

45 Annual Report 2016-17 vi. ¨¸÷¸ÄŸ¸¸›¸ Ÿ¸Ê, ¤¸ÿˆÅ ˆÅú ˆÅ¸½ƒÄ ¬¸í¸¡¸ˆÅ ˆ¿Åœ¸›¸ú ‚¦¬÷¸÷¨¸ Ÿ¸Ê ›¸íú¿ í¾. vi. At present, the Bank does not have any material subsidiary. vii ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆ½Å ¬¸™¬¡¸¸Ê ˆÅ¸ œÏ¢©¸®¸µ¸ À vii Training of Board members: ‚›¸º.ÇÅ. ¢›¸™½©¸ˆÅ ˆÅ¸ ›¸¸Ÿ¸ œÏ¢©¸®¸µ¸ /¬˜¸¸›¸/ ‚¨¸¢š¸ ¨¡¸¢÷¸÷¸ ¢ˆÅ‡ ˆÅ¸¡¸ÄÇÅŸ¸ ˆÅú ]¸¸›¸ˆÅ¸£ú Š¸‡ ‹¸¿’½ Sr. No. Name of Director Particulars Period No. of of Program/ Hours 1 ªúŸ¸÷¸ú ‚\¸Ä›¸¸ ‚¸£. ‚¸ƒÄ”ú‚¸£¤¸ú’ú, 26.09.2016 ¬¸½ 12 Training/ spent [¸½¥¸¢ˆÅ¡¸¸ í¾™£¸¤¸¸™ ×¸£¸ ¤¸ÿ¢ˆ¿ÅŠ¸ 27.09.2016 Venue ÷¸ˆÅ›¸úˆÅ œ¸£ ¬¸ŸŸ¸½¥¸›¸ 1 Dr. Archana R. Seminar 26.09.2016 to 12 2 ªú ™ú›¸™¡¸¸¥¸ ¤¸ÊŠ¸¥¸º³Å Ÿ¸Ê 29.11.2016 ¬¸½ 12 Dholakia on Banking 27.09.2016 Technology ‚ŠÏ¨¸¸¥¸ ¬¸ú‡‡ûÅ‚¸£‡‡¥¸ 30.11.2016 organized ×¸£¸ ‚¸¡¸¸½¢]¸÷¸ by IDRBT at ¨¸¸¢µ¸¦]¡¸ˆÅ ¤¸ÿˆÅ¸Ê Hyderabad ˆ½Å ¤¸¸½”Ä 2 Shri Deendayal Boards of 29.11.2016 to 12 3 ªú œ¸ú. ‡. ¬¸½“ú ¤¸ÊŠ¸¥¸º³Å Ÿ¸Ê 29.11.2016 ¬¸½ 12 Agrawal Commercial 30.11.2016 banks ¬¸ú‡‡ûÅ‚¸£‡‡¥¸ 30.11.2016 organized by ×¸£¸ ‚¸¡¸¸½¢]¸÷¸ CAFRAL at ¨¸¸¢µ¸¦]¡¸ˆÅ ¤¸ÿˆÅ¸Ê Bangalore. ˆ½Å ¤¸¸½”Ä 3 Shri P.A. Sethi Boards of 29.11.2016 to 12 4 ªú ™ú›¸™¡¸¸¥¸ ‚¸ƒÄ‡Ÿ¸‚¸ƒÄ ×¸£¸ 12.01.2017 6 Commercial 30.11.2016 banks ‚ŠÏ¨¸¸¥¸ ¢™¥¥¸ú Ÿ¸Ê ¬¸ú‡ organized by ¢›¸™½©¸ˆÅ¸Ê ˆÅú œ¸¢£\¸\¸¸Ä CAFRAL at ¤¸¾“ˆÅ. Bangalore. ¬¸½¤¸ú (¢¥¸¦¬’¿Š¸ ‚¢›¸¨¸¸¡¸Ä÷¸¸‡¿ ‚¸¾£ œÏˆÅ’›¸ ‚¸¨¸©¡¸ˆÅ÷¸¸‡¿) ¢¨¸¢›¸¡¸Ÿ¸ 2015 ˆ½Å 4 Shri Deendayal Interaction 12.01.2017 6 Agrawal meeting of CA œÏ¸¨¸š¸¸›¸¸½¿ ˆ½Å ‚›¸ºœ¸¸¥¸›¸ ¬¸¿¤¸¿š¸ Ÿ¸Ê ¬¸¸¿¢¨¸¢š¸ˆÅ ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê (‡¬¸¬¸ú‡) ×¸£¸ ¥¸¸Š¸» directors by IMI ¬¸úŸ¸¸ ÷¸ˆÅ ]¸¸£ú œÏŸ¸¸µ¸œ¸°¸ ¨¸¸¢«¸ÄˆÅ ¢£œ¸¸½’Ä ˆÅ¸ ‚¿Š¸ íÿ. at Delhi. ‰¸) ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ Š¸¾£-‚¢›¸¨¸¸¡¸Ä ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ˆÅ¸ ‚›¸º¬¸£µ¸ ¢ˆÅ¡¸¸ Š¸¡¸¸- The Certificate issued by Statutory Central Auditors (SCAs) ‚›¸º.ÇÅ. Š¸¾£-‚¢›¸¨¸¸¡¸Ä ‚¸¨¸©¡¸ˆÅ÷¸¸‡¿ ‚›¸ºœ¸¸¥¸›¸ ˆÅú ¦¬˜¸¢÷¸ in respect of compliance with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ˆÅ. ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ¤¸ÿˆÅ ˆ½Å ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅ¸ to the extent applicable forms part of the Annual Report. ‡ˆÅ Š¸¾£-ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ‚š¡¸®¸ Š¸“›¸ ¤¸ÿ¢ˆÅŠ¸ ˆ¿Åœ¸›¸ú („œ¸ÇÅŸ¸¸Ê ¬¸»\¸ú¤¸Ö ƒˆÅ¸ƒÄ ˆ½Å ‰¸\¸Ä œ¸£ ˆ½Å ‚¢š¸ŠÏíµ¸ ‚¸¾£ ‚¿÷¸£µ¸) b) Following non-mandatory requirements are complied with: ‚š¡¸®¸ ˆ½Å ˆÅ¸¡¸¸Ä¥¸¡¸ ˆ½Å £‰¸£‰¸¸¨¸ ‚¢š¸¢›¸¡¸Ÿ¸ 1970 ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ¬¸½ ˆÅ¸ œ¸¸°¸ í¸½ ¬¸ˆÅ÷¸¸ í¾ ‚¸¾£ „¬¸½ ¢›¸¡¸¿¢°¸÷¸ í¸½÷¸¸ í¾ ¢]¸¬¸Ÿ¸Ê ¢ˆÅ ¬¸ž¸ú Sr. Non-mandatory Status of compliance „¬¸ˆ½Å ™¸¢¡¸÷¨¸¸Ê ˆ½Å ¢›¸«œ¸¸™›¸ í½÷¸º ¢›¸™½©¸ˆÅ ‚¢š¸¢›¸¡¸Ÿ¸ ˆ½Å 9 (3) No. Requirements „œ¸Š¸÷¸ ¨¡¸¡¸ ˆÅú œÏ¢÷¸œ¸»¢÷¸Ä ˆÅú ž¸ú (i) ˆ½Å ‚¿÷¸Š¸Ä÷¸ ˆÊÅÍ ¬¸£ˆÅ¸£ ˆ½Å A. The Board The composition of the Board of Directors of the ‚›¸ºŸ¸¢÷¸ ™ú ]¸¸ ¬¸ˆÅ÷¸ú í¾. ‚¢÷¸¢£Æ÷¸ ©¸½¡¸£š¸¸£ˆÅ¸Ê Ÿ¸Ê ¬¸½ A non-executive chairperson may be Bank is governed through \¸¡¸¢›¸÷¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅ¸½ Ž¸½”õˆÅ£ entitled to maintain a “Banking Companies ž¸¸£÷¸ ¬¸£ˆÅ¸£ ×¸£¸ ¢›¸¡¸ºÆ÷¸/ chairperson’s office (Acquisition & Transfer of ›¸¸¢Ÿ¸÷¸ ¢›¸™½©¸ˆÅ í¸½÷¸½ íÿ. at the listed entity’s Undertakings) Act, 1970, expense and also where all the Directors are ‰¸. ©¸½¡¸£š¸¸£ˆÅ ‚¢š¸ˆÅ¸£ ¢÷¸Ÿ¸¸íú / ˆ½Å ¢™›¸¸¿ˆÅ ÷¸ˆÅ / appointed / nominated by œÏ÷¡¸½ˆÅ ©¸½¡¸£š¸¸£ˆÅ ˆÅ¸½ ¢œ¸Ž¥¸½ Ž: ¨¸¸¢«¸ÄˆÅ ¢¨¸î¸ú¡¸ œ¸¢£µ¸¸Ÿ¸ ‡›¸‡¬¸ƒÄ allowed reimbursement of expenses incurred Government of India except Ÿ¸¸í ˆÅú Ÿ¸í÷¨¸œ¸»µ¸Ä ‹¸’›¸¸‚¸Ê ˆ½Å ‚¸¾£ ¤¸ú‡¬¸ƒÄ ˆÅ¸½ œÏ¬÷¸º÷¸ ¢ˆÅ‡ in performance of his Directors to be elected from ¬¸¸£ ¬¸¢í÷¸ ¢¨¸î¸ú¡¸ ¢›¸«œ¸¸™›¸ ˆÅú ]¸¸÷¸½ íÿ ‚¸¾£ ¬¸Ÿ¸¸\¸¸£œ¸°¸¸Ê Ÿ¸Ê duties. amongst Shareholders other ‚š¸Ä¨¸¸¢«¸ÄˆÅ ‹¸¸½«¸µ¸¸ ž¸½]¸ú ]¸¸‡. œÏˆÅ¸¢©¸÷¸ í¸½÷¸½ íÿ ‚¸¾£ ¤¸ÿˆÅ ˆÅú than Central Government u/s 9(3)(i) of the Act. ¨¸½¤¸¬¸¸ƒ’ œ¸£ £‰¸½ ]¸¸÷¸½ íÿ— B. Shareholder Rights The quarterly/year to date/ ƒ¬¸úœÏˆÅ¸£, ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆÅ¸½ A half-yearly declaration Annual Financial Results ]¸¸›¸ˆÅ¸£ú ¨¡¸¢Æ÷¸Š¸÷¸ ³Åœ¸ ¬¸½ ›¸íú¿ of financial performance are submitted to NSE ž¸½]¸ú ]¸¸÷¸ú í¾— including summary of & BSE & published in Š¸. ¥¸½‰¸¸-œ¸£ú®¸¸ ¢£œ¸¸½’Ä Ÿ¸Ê ¬¸¿©¸¸½¢š¸÷¸ the significant events in Newspapers and placed on ´¦«’ˆÅ¸½µ¸ ¤¸ÿˆÅ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ˆÅú ¢£œ¸¸½’Ä last six-months, may be Bank’s website. As such, information to Shareholders ¬¸»\¸ú¤¸Ö ƒˆÅ¸ƒÄ ‚¬¸¿©¸¸½¢š¸÷¸ Ÿ¸Ê ˆÅ¸½ƒÄ ‚íÄ÷¸¸ ›¸íú¿ í¾ sent to each household of shareholders. is not sent individually. ¥¸½‰¸¸œ¸£ú®¸¸ ´¦«’ˆÅ¸½µ¸ ˆ½Å ¬¸¸˜¸ C. Modified opinion(s) in There is no qualification in ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆÅú ¨¡¸¨¸¬˜¸¸ ˆÅú audit report the Auditors report of the ‚¸½£ ‚¿÷¸¢£÷¸ ˆÅ£ ¬¸ˆÅ÷¸½ íÿ. The listed entity may Bank. move towards a regime of financial statements with unmodified audit opinion.

46 Jeeef

‹¸. ‚š¡¸®¸ ¨¸ Ÿ¸º‰¡¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¤¸ÿˆÅ ˆ½Å ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅ¸ D. Separate posts of The composition of the Š¸“›¸ ¤¸ÿ¢ˆÅŠ¸ ˆ¿Åœ¸›¸ú („œ¸ÇÅŸ¸¸Ê chairperson and chief Board of Directors of the ‚¢š¸ˆÅ¸£ú ˆ½Å ¢¨¸¢©¸«’ œ¸™ executive officer Bank is governed through ¬¸»\¸ú¤¸Ö ƒˆÅ¸ƒÄ ‚š¡¸®¸ ¨¸ œÏ¤¸¿š¸ ˆ½Å ‚¢š¸ŠÏíµ¸ ‚¸¾£ ‚¿÷¸£µ¸) The listed entity may “Banking Companies ¢›¸™½©¸ˆÅ ¡¸¸ Ÿ¸º‰¡¸ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ‚¢š¸¢›¸¡¸Ÿ¸ 1970 ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ¬¸½ appoint separate (Acquisition & Transfer of ‚¢š¸ˆÅ¸£ú ˆ½Å ¢¥¸‡ ¢¨¸¢©¸«’ ¨¡¸¢Æ÷¸ ¢›¸¡¸¿¢°¸÷¸ í¸½÷¸¸ í¾ ¢]¸¬¸Ÿ¸Ê ¢ˆÅ ¬¸ž¸ú persons to the post Undertakings) Act, 1970, ˆÅú ¢›¸¡¸º¢Æ÷¸ ˆÅ£ ¬¸ˆÅ÷¸ú í¾. ¢›¸™½©¸ˆÅ ‚¢š¸¢›¸¡¸Ÿ¸ ˆ½Å 9 (3) of chairperson and where all the Directors are (i) ˆ½Å ‚¿÷¸Š¸Ä÷¸ ˆÊÅÍ ¬¸£ˆÅ¸£ ˆ½Å managing director or appointed / nominated by chief executive officer. Government of India except ‚¢÷¸¢£Æ÷¸ ©¸½¡¸£š¸¸£ˆÅ¸Ê Ÿ¸Ê ¬¸½ Directors to be elected from \¸¡¸¢›¸÷¸ ¢›¸™½©¸ˆÅ¸Ê ˆÅ¸½ Ž¸½”õˆÅ£ amongst Shareholders other ž¸¸£÷¸ ¬¸£ˆÅ¸£ ×¸£¸ ¢›¸¡¸ºÆ÷¸/ than Central Government ›¸¸¢Ÿ¸÷¸ ¢›¸™½©¸ˆÅ í¸½÷¸½ íÿ. u/s 9(3) (i) of the Act. ‚¸¿÷¸¢£ˆÅ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅ¸¡¸Ä/ E. Reporting of Internal The Internal Audit function ”. ‚¸¿÷¸¢£ˆÅ ¥¸½‰¸¸-œ¸£ú®¸ˆÅ ˆÅú auditor / its terms of reference and ¢£œ¸¸½¢’ôŠ¸ ƒ¬¸ˆÅú ¬¸¿™ž¸¸Äš¸ú›¸ ©¸÷¸½ô ÷¸˜¸¸ composition of the Audit ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ The internal auditor may ‚¸¿÷¸¢£ˆÅ ¥¸½‰¸¸ œ¸£ú®¸ˆÅ ¥¸½‰¸¸ report directly to the Committee of the Board œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ˆÅ¸½ ¬¸úš¸½ ¢£œ¸¸½’Ä ˆÅ£ ¬¢Ÿ¸¢÷¸ ˆÅ¸ Š¸“›¸ ¨¸ ƒ¬¸ˆÅú audit committee. & its terms of reference ¬¸ˆÅ÷¸½ íÿ. ¬¸¿™ž¸¸Äš¸ú›¸ ©¸÷¸½ô ¢¨¸¢›¸¡¸¸Ÿ¸ˆÅ are governed through ‚˜¸¸Ä÷¸ ž¸¸£÷¸ú¡¸ ¢£]¸¨¸Ä ¤¸ÿˆÅ the guidelines / circulars issued by the Regulator i.e. ×¸£¸ ¬¸Ÿ¸¡¸-¬¸Ÿ¸¡¸ œ¸£ ]¸¸£ú Reserve Bank of India from ¢™©¸¸¢›¸™½Ä©¸¸Ê / œ¸¢£œ¸°¸¸Ê ˆ½Å Ÿ¸¸š¡¸Ÿ¸ time to time, which the Bank ¬¸½ ¢›¸¡¸¿¢°¸÷¸ í¸½÷¸ú íÿ, ¢]¸›¸ˆÅ¸ ¤¸ÿˆÅ comply. ‚›¸ºœ¸¸¥¸›¸ ˆÅ£÷¸¸ í¾. 8. Means of Communication: The quarterly, half yearly and annual financial results of 8. ¬¸¿œÏ½«¸µ¸ ˆ½Å ¬¸¸š¸›¸ the Bank are duly approved by the Board and published in ¤¸ÿˆÅ ˆ½Å ¢÷¸Ÿ¸¸íú, ‚š¸Ä-¨¸¸¢«¸ÄˆÅ ‚¸¾£ ¨¸¸¢«¸ÄˆÅ ¢¨¸î¸ú¡¸ œ¸¢£µ¸¸Ÿ¸¸Ê ˆÅ¸½ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ×¸£¸ at least one national Daily in English and one local daily in Marathi. In addition to the statutory requirement as above ¢¨¸¢š¸¨¸÷¸ ‚›¸ºŸ¸¸½¢™÷¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾ ÷¸˜¸¸ ‚¿ŠÏ½]¸ú Ÿ¸Ê ˆÅŸ¸ ¬¸½ ˆÅŸ¸ ‡ˆÅ £¸«’ïú¡¸ ™¾¢›¸ˆÅ Bank has also published the results in Hindi Daily. The results ÷¸˜¸¸ Ÿ¸£¸“ú Ÿ¸Ê ‡ˆÅ ¬˜¸¸›¸ú¡¸ ™¾¢›¸ˆÅ Ÿ¸Ê œÏˆÅ¸¢©¸÷¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. „œ¸¡¸ºÄÆ÷¸ ¬¸¸¿¢¨¸¢š¸ˆÅ are simultaneously displayed on the Bank’s website www. ‚¸¨¸©¡¸ˆÅ÷¸¸ ˆ½Å ‚¥¸¸¨¸¸ ¤¸ÿˆÅ ×¸£¸ ¢¨¸î¸ú¡¸ œ¸¢£µ¸¸Ÿ¸ ¢í›™ú ™¾¢›¸ˆÅ Ÿ¸Ê ž¸ú œÏˆÅ¸¢©¸÷¸ bankofmaharashtra.in and submitted to the Stock Exchanges. ¢ˆÅ‡ Š¸‡. œ¸¢£µ¸¸Ÿ¸¸Ê ˆÅ¸½ ¤¸ÿˆÅ ˆÅú ¨¸½¤¸¬¸¸ƒÄ’ www.bankofmaharashtra.in Bank also organizes Analysts/Institutional Investor meets, œ¸£ ž¸ú ¬¸¸˜¸-¬¸¸˜¸ íú „œ¸¥¸¤š¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾ ‚¸¾£ ©¸½¡¸£ ¤¸¸]¸¸£ ˆÅ¸½ œÏ¬÷¸º÷¸ ¢ˆÅ¡¸¸ press conference/releases etc., for announcing bank’s financial results and its future plans. ]¸¸÷¸¸ í¾. ¤¸ÿˆÅ ˆ½Å ¢¨¸î¸ú¡¸ œ¸¢£µ¸¸Ÿ¸¸Ê ‚¸¾£ ž¸¸¨¸ú ¡¸¸½]¸›¸¸‚¸Ê ˆÅú ‹¸¸½«¸µ¸¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ ¢¨¸©¥¸½«¸ˆÅ/ ¬¸¿¬˜¸¸Š¸÷¸ ¢›¸¨¸½©¸ˆÅ ¬¸ŸŸ¸½¥¸›¸, œÏ½¬¸ ¢¨¸±¸¦œ÷¸/ˆÅ¸Á›üÊÅ¬¸ ƒ÷¡¸¸¢™ ž¸ú During the year, quarterly /half yearly /annual results of the Bank were published in the following newspapers. ‚¸¡¸¸½¢]¸÷¸ ˆÅ£÷¸¸ í¾. ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ˆ½Å ¢÷¸Ÿ¸¸íú/‚š¸Ä-¨¸¸¢«¸ÄˆÅ/¨¸¸¢«¸ÄˆÅ œ¸¢£µ¸¸Ÿ¸¸Ê ˆÅ¸½ ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ Period Ended Name of the Newspaper Date of ¬¸Ÿ¸¸\¸¸£ œ¸°¸¸Ê Ÿ¸Ê œÏˆÅ¸¢©¸÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸. Marathi English publication June 2016 Punyanagari Business Line 13.08.2016 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ‚¨¸¢š¸ ¬¸Ÿ¸¸\¸¸£ œ¸°¸ ˆÅ¸ ›¸¸Ÿ¸ œÏˆÅ¸©¸›¸ ˆÅú ¢÷¸¢˜¸ September 2016 Punyanagari Business Standard 07.11.2016 Ÿ¸£¸“ú ‚¿ŠÏ½]¸ú December 2016 Loksatta Financial Express 01.02.2017 ]¸»›¸ 2016 œ¸ºµ¡¸›¸Š¸£ú ¢¤¸]¸›¸½¬¸ ¥¸¸ƒ›¸ 13.08.2016 March 2017 Lokmat Financial Express 05.05.2017 ¢¬¸÷¸¿¤¸£ 2016 œ¸ºµ¡¸›¸Š¸£ú ¢¤¸]¸›¸½¬¸ ¬’¾›””Ä 07.11.2016 ¢™¬¸¿¤¸£ 2016 ¥¸¸½ˆÅ¬¸î¸¸ ûÅ¸ƒ›¸¸¿¢©¸¡¸¥¸ ‡Æ¬œÏ½¬¸ 01.02.2017 9. General Shareholder Information: Ÿ¸¸\¸Ä 2017 ¥¸¸½ˆÅŸ¸÷¸ ûÅ¸ƒ›¸¸¿¢©¸¡¸¥¸ ‡Æ¬œÏ½¬¸ 05.05.2017 9.1 Particulars of the Fourteenth Annual General Meeting:

9. ¬¸¸Ÿ¸¸›¡¸ ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆÅ¸ ¤¡¸¸¾£¸À Board Meeting for considering Accounts 04th May, 2017 9.1 \¸¸¾™í¨¸ú¿ ¨¸¸¢«¸ÄˆÅ ¬¸¸š¸¸£µ¸ ¤¸¾“ˆÅ ˆ½Å ¢¨¸¨¸£µ¸À Date, Time and Venue of Fourteenth At 10.45 am on Friday, the 16th ¥¸½‰¸¸ œ¸£ ¢¨¸\¸¸£ í½÷¸º ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ¢™›¸¸¿ˆÅ 04 Ÿ¸ƒÄ 2017 AGM. June, 2017 at Appasaheb Joag Hall, Bank of Maharashtra, ˆÅú ¤¸¾“ˆÅ Lokmangal, 1501, Shivajinagar, \¸¸¾™í¨¸ú¿ ¨¸¸¢«¸ÄˆÅ ¬¸¸š¸¸£µ¸ ¤¸¾“ˆÅ ˆÅ¸ ©¸ºÇÅ¨¸¸£ ¢™›¸¸¿ˆÅ 16 ]¸»›¸ 2017 ˆÅ¸½ Pune - 411 005 ¬˜¸¸›¸, ¢™›¸¸¿ˆÅ ‚¸¾£ ¬¸Ÿ¸¡¸ œÏ¸÷¸À 10.45 ¤¸]¸½, ‚œœ¸¸ ¬¸¸í½¤¸ ]¸¸½Š¸ Posting of Annual Report 25th May, 2017 í¸Á¥¸, ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï, ¥¸¸½ˆÅŸ¸¿Š¸¥¸, Dates of Book Closure 10th June, 2017 to 16th June, 2017 1501, ¢©¸¨¸¸]¸ú›¸Š¸£ œ¸ºµ¸½ Ÿ¸Ê. ¨¸¸¢«¸ÄˆÅ ¢£œ¸¸½’Ä ˆÅ¸ œÏ½«¸µ¸ 25 Ÿ¸ƒÄ 2017 ¤¸¢í¡¸¸Ê ˆ½Å ¤¸¿™ í¸½›¸½ ˆÅ¸ ¢™›¸¸¿ˆÅ 10 ]¸»›¸ 2017 ¬¸½ 16 ]¸»›¸ 2017

47 Annual Report 2016-17

9.2 ¢¨¸î¸ú¡¸ ˆ¾Å¥¸Ê”£ 2017-18 (‚›¸¿¢÷¸Ÿ¸) 9.2 Financial Calendar 2017-18 (Tentative): Approval of Quarterly Tentative Time ¢›¸Ÿ›¸ ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ‚¨¸¢š¸ ˆ½Å ¢¥¸‡ ‚›¸¿¢÷¸Ÿ¸ ¬¸Ÿ¸¡¸ Results for period ending ¢÷¸Ÿ¸¸íú ¢¨¸î¸ú¡¸ œ¸¢£µ¸¸Ÿ¸¸Ê ˆÅ¸ 30th June 2017 On or Before 14th August 2017 ‚›¸ºŸ¸¸½™›¸ 30th September 2017 On or Before 14th November 30 ]¸»›¸, 2017 14 ‚Š¸¬÷¸ 2017 ˆÅ¸½ ¡¸¸ ƒ¬¸¬¸½ œ¸»¨¸Ä 2017 st th 30 ¢¬¸÷¸¿¤¸£, 2017 14 ›¸¨¸¿¤¸£ 2017 ˆÅ¸½ ¡¸¸ ƒ¬¸¬¸½ œ¸»¨¸Ä 31 December 2017 On or Before 14 February 2018 31st March 2018 (Annual) On or Before 18th May 2018 31 ¢™¬¸¿¤¸£, 2017 14 ûÅ£¨¸£ú 2018 ˆÅ¸½ ¡¸¸ ƒ¬¸¬¸½ œ¸»¨¸Ä 31 Ÿ¸¸\¸Ä, 2018 (¨¸¸¢«¸ÄˆÅ) 18 Ÿ¸ƒÄ 2018 ˆÅ¸½ ¡¸¸ ƒ¬¸¬¸½ œ¸»¨¸Ä 9.3 Details of listing of shares on Stock Exchanges: The Bank’s shares are listed on following Stock Exchanges: 9.3 ¬’¸ÁˆÅ ‡Æ¬¸\¸½]¸¸Ê œ¸£ ¬¸»\¸ú¤¸Ö ©¸½¡¸£¸Ê ˆ½Å ¤¡¸¸½£½À BSE Limited National Stock Exchange ¤¸ÿˆÅ ˆ½Å ©¸½¡¸£ ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ¬’¸ÁˆÅ ‡Æ¬¸\¸Ê]¸¸Ê œ¸£ ¬¸»\¸ú¤¸Ö ¢ˆÅ‡ Š¸‡ íÿÀ of India Limited Address: Address: Phiroze Exchange Plaza, Plot No. Jeejeebhoy Towers, Dalal ¤¸ú‡¬¸ƒÄ ¢¥¸¢Ÿ¸’½” ›¸½©¸›¸¥¸ ¬’¸ÁˆÅ ‡Æ¬¸\¸Ê]¸ ‚¸ÁûÅ ƒ¿¢”¡¸¸ C/1, G Block, Bandra (E), Street, Mumbai - 400001 œ¸÷¸¸À ¢ûÅ£¸½]¸ ]¸ú]¸úž¸¸¡¸ ’¸Á¨¸¬¸Ä, ¢¥¸¢Ÿ¸’½”, Mumbai - 400051 ™¥¸¸¥¸ ¬’ïú’, Ÿ¸º¿¤¸ƒÄ- 400001 œ¸÷¸¸À ‡Æ¬¸\¸Ê]¸ œ¥¸¸]¸¸, œ¥¸¸Á’ ÇÅ. 9.4 Stock code: ¬¸ú/1, ]¸ú ¤¥¸¸ÁˆÅ, BSE Limited (BSE): 532525 ¤¸¸¿Í¸ (œ¸»¨¸Ä), Ÿ¸º¿¤¸ƒÄ - 400051 National Stock Exchange of India Limited (NSE): 9.4 ¬’¸ÁˆÅ ˆÅ¸½” À MAHABANK EQ International Security Identification Number (ISIN): Ÿ¸º¿¤¸ƒÄ ¬’¸ÁˆÅ ‡Æ¬¸\¸Ê]¸ ¢¥¸¢Ÿ¸’½” (¤¸ú‡¬¸ƒÄ) À 532525 INE457A01014 ›¸½©¸›¸¥¸ ¬’¸ÁˆÅ ‡Æ¬¸\¸Ê]¸ ‚¸ÁûÅ ƒ¿¢”¡¸¸ ¢¥¸¢Ÿ¸’½” (‡›¸‡¬¸ƒÄ) À The annual listing fees for the financial year 2016-17 has been MAHABANK EQ paid to the Stock Exchanges. ‚¿÷¸£¸Ä«’ïú¡¸ ¬¸º£®¸¸ œ¸í\¸¸›¸ ÇÅŸ¸¸¿ˆÅ (‚¸ƒÄ‡¬¸‚¸ƒÄ‡›¸) À INE457A01014 9.5 Market Price data / price performance of Bank’s Shares: (Market Price data in Rupees and Volume in number of ¬’¸ÁˆÅ ‡Æ¬¸\¸Ê]¸¸Ê ˆÅ¸½ ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 í½÷¸º ¨¸¸¢«¸ÄˆÅ ¬¸»\¸ú¤¸Ö÷¸¸ ©¸º¥ˆÅ ˆÅ¸ Shares): ž¸ºŠ¸÷¸¸›¸ ¢ˆÅ¡¸¸ ]¸¸ \¸ºˆÅ¸ í¾. BSE NSE SENSEX Month 9.5 ¤¸¸]¸¸£ Ÿ¸»¥¡¸ ”¸’¸ / ¤¸ÿˆÅ ˆ½Å ©¸½¡¸£¸Ê ˆÅ¸ Ÿ¸»¥¡¸ ¢›¸«œ¸¸™›¸À- High Low Volume High Low Volume High Low (¤¸¸]¸¸£ Ÿ¸»¥¡¸ ”¸’¸ ²Åœ¸‡ Ÿ¸Ê ÷¸˜¸¸ Ÿ¸¸°¸¸ ©¸½¡¸£¸Ê ˆÅú ¬¸¿‰¡¸¸ Ÿ¸Ê) April, 2016 31.00 28.75 325758 30.90 28.95 1627545 26101 24523 ¤¸ú‡¬¸ƒÄ ‡›¸‡¬¸ƒÄ ¬¸Ê¬¸½Æ¬¸ May, 2016 31.80 27.50 338383 31.25 27.40 1782473 26837 25058 Ÿ¸¸í „\\¸ ›¡¸»›¸ Ÿ¸¸°¸¸ „\\¸ ›¡¸»›¸ Ÿ¸¸°¸¸ „\\¸ ›¡¸»›¸ June, 2016 34.85 27.50 1296991 34.90 27.40 5834263 27105 25911 ‚œÏ¾¥¸, 2016 31.00 28.75 325758 30.90 28.95 1627545 26101 24523 July, 2016 37.40 32.35 1157103 37.40 32.40 5531133 28240 27034 Ÿ¸ƒÄ, 2016 31.80 27.50 338383 31.25 27.40 1782473 26837 25058 August, 2016 32.85 30.05 519597 32.90 30.15 1991710 28532 27628

]¸»›¸, 2016 34.85 27.50 1296991 34.90 27.40 5834263 27105 25911 September, 2016 34.15 29.00 607437 34.2 29.80 2318488 29077 27717 ]¸º¥¸¸ƒÄ, 2016 37.40 32.35 1157103 37.40 32.40 5531133 28240 27034 October, 2016 31.95 30.00 322042 31.70 29.80 1452178 28478 27548 ‚Š¸¬÷¸, 2016 32.85 30.05 519597 32.90 30.15 1991710 28532 27628 November, 2016 32.50 25.00 783809 32.45 23.20 3676595 28030 25718 ¢¬¸÷¸¿¤¸£, 2016 34.15 29.00 607437 34.2 29.80 2318488 29077 27717 December, 2016 31.50 28.10 328145 32.00 28.10 1512759 26769 25754 ‚Æ÷¸»¤¸£, 2016 31.95 30.00 322042 31.70 29.80 1452178 28478 27548 ›¸¨¸¿¤¸£, 2016 32.50 25.00 783809 32.45 23.20 3676595 28030 25718 January, 2017 33.70 28.40 747005 33.60 28.50 2917208 27980 26447 ¢™¬¸¿¤¸£, 2016 31.50 28.10 328145 32.00 28.10 1512759 26769 25754 February, 2017 38.70 32.10 2297775 38.70 31.30 11798581 29065 27590 ]¸›¸¨¸£ú, 2017 33.70 28.40 747005 33.60 28.50 2917208 27980 26447 March, 2017 35.90 32.15 1180370 35.95 32.15 7839558 29688 28716 ûÅ£¨¸£ú, 2017 38.70 32.10 2297775 38.70 31.30 11798581 29065 27590 9.6 Per Share Data: Ÿ¸¸\¸Ä, 2017 35.90 32.15 1180370 35.95 32.15 7839558 29688 28716 Particulars 31.03.2016 31.03.2017 9.6 œÏ¢÷¸ ©¸½¡¸£ ”¸’¸ Face Value (Rs.) 10/- 10/- ¢¨¸¨¸£µ¸ 31.03.2016 31.03.2017 EPS (Rs.) 0.91 (11.75) ‚¿¢ˆÅ÷¸ Ÿ¸»¥¡¸ (²Å.) 10/- 10/- Dividend (%) Nil Nil Book Value (Rs.) 63.36 46.96 œÏ¢÷¸ ©¸½¡¸£ ‚¸¡¸ (²Å.) 0.91 (11.75) Dividend Payout (excluding dividend tax) as Nil Nil ¥¸¸ž¸¸¿©¸ (%) ©¸»›¡¸ ©¸»›¡¸ % of net profit ¤¸íú Ÿ¸»¥¡¸ (²Å.) 63.36 46.96 ¥¸¸ž¸¸¿©¸ œ¸½-‚¸„’ ¢›¸¨¸¥¸ ¥¸¸ž¸ ˆ½Å œÏ¢÷¸©¸÷¸ ˆ½Å ©¸»›¡¸ ©¸»›¡¸ ³Åœ¸ Ÿ¸Ê (¥¸¸ž¸¸¿©¸ ˆÅ£ ˆÅ¸½ Ž¸½”õˆÅ£)

48 Jeeef

9.7 ƒÄ©¡¸» ˆ½Å £¢]¸¬’ï¸£ ‚¸¾£ ©¸½¡¸£ ‚¿÷¸£µ¸ ‡]¸Ê’ ˆÅ¸ ¤¡¸¸¾£¸ 9.7 Details of Registrar to an issue and Share Transfer Agents: MCS Share Transfer Agent Limited, (Unit: Bank of Maharashtra) ‡Ÿ¸¬¸ú‡¬¸ ©¸½¡¸£ ’ï¸¿¬¸ûÅ£ ‡]¸Ê’ ¢¥¸¢Ÿ¸’½”, (ƒˆÅ¸ƒÄÀ ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï), Office No. 002, Ground Floor, Kashiram Jamnadas Bldg, 5, ˆÅ¸¡¸¸Ä¥¸¡¸ ÇÅ. 002, ÷¸¥¸ Ÿ¸¿¢]¸¥¸, ˆÅ¸©¸ú£¸Ÿ¸ ]¸Ÿ¸›¸¸™¸¬¸ ¢¤¸¦¥”¿Š¸, 5, œ¸ú. ¢”Ÿ¸½¥¸¸½ P.D’ Mello Road, (Ghadiyal Godi), Masjid (E), Mumbai – 400 £¸½”, (‹¸¢”õ¡¸¸¥¸ Š¸¸½™ú), Ÿ¸¦¬]¸™ (œ¸»¨¸Ä), Ÿ¸º¿¤¸ƒÄ -400009 009. 9.8 ©¸½¡¸£ ‚¿÷¸£µ¸ œÏµ¸¸¥¸ú ‚¸¾£ ¢›¸¨¸½©¸ˆÅ¸Ê ‡¨¸¿ ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆÅ¸½ ¬¸í¸¡¸÷¸¸ 9.8 Share Transfer System and assistance to the Investors Ÿ¸½¬¸¬¸Ä ‡Ÿ¸¬¸ú‡¬¸ ©¸½¡¸£ ’ï¸¿¬¸ûÅ£ ‡]¸Ê’ ¢¥¸¢Ÿ¸’½”, Ÿ¸º¿¤¸ƒÄ, ¤¸ÿˆÅ ˆ½Å £¢]¸¬’ï¸£ ‡¨¸¿ and Shareholders: ’ï¸¿¬¸ûÅ£ ‡]¸Ê’ (‚¸£’ú‡) ˆÅ¸¡¸¸Ä¥¸¡¸ Ÿ¸Ê ©¸½¡¸£ ‚¿÷¸£µ¸ ‚¸¾£ ‚›¡¸ ¬¸ž¸ú ¢›¸¨¸½©¸ˆÅ Share transfer and all other investor related matters are ¬¸¿¤¸¿š¸ú Ÿ¸¸Ÿ¸¥¸¸Ê ˆÅú ™½‰¸£½‰¸ ‚¸¾£ ˆÅ¸¡¸Ä¨¸¸¢í¡¸¸¿ ˆÅú ]¸¸÷¸ú íÿ. ©¸½¡¸£š¸¸£ˆÅ, ]¸¸½ ‚œ¸›¸½ attended to and processed at the office of the Bank’s Registrar and Transfer Agents (RTA), M/s. MCS Share Transfer Agent ©¸½¡¸£ ž¸¸¾¢÷¸ˆÅ ³Åœ¸ Ÿ¸Ê £‰¸÷¸½ íÿ, ¨¸½ „›¸ˆ½Å ‚¿÷¸£µ¸ ¢¨¸¥¸½‰¸ ‚¸¾£ ‚›¡¸ ˆÅ¸Š¸]¸¸÷¸, Limited, Mumbai. The shareholders, who hold their shares ¢©¸ˆÅ¸¡¸÷¸Ê ‡¨¸Ÿ¸Ã ‚¬¸º¢¨¸š¸¸‚¸Ê ˆÅ¸½ £¢]¸¬’ï¸£ ‡¨¸¿ ’ï¸›¬¸ûÅ£ ‡]¸Ê’ ˆÅ¸½ ‚˜¸¨¸¸ in physical forms, may lodge their transfer deeds and any ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ œ¸÷¸¸Ê œ¸£ ¤¸ÿˆÅ ˆ½Å ¢›¸¨¸½©¸ˆÅ ¬¸½¨¸¸‡¿ ¢¨¸ž¸¸Š¸ Ÿ¸Ê ™]¸Ä ˆÅ£¸ ¬¸ˆÅ÷¸½ íÿ À other documents, grievances and complaints to the RTA or alternatively to Investor Services Department of the Bank at £¢]¸¬’ï¸£ ‡¨¸¿ ’ï¸›¬ûÅ£ ‡]¸Ê’ ¢›¸¨¸½©¸ˆÅ ¬¸½¨¸¸‡¿ ¢¨¸ž¸¸Š¸ the following addresses: ‡Ÿ¸¬¸ú‡¬¸ ©¸½¡¸£ ’ï¸¿¬¸ûÅ£ ‡]¸Ê’ ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï Registrar & Transfer Agent: Investor Services Department: ¢¥¸¢Ÿ¸’½” ¢›¸¨¸½©¸ˆÅ ¬¸½¨¸¸‡¿ ¢¨¸ž¸¸Š¸ MCS Share Transfer Agent Bank of Maharashtra, (ƒˆÅ¸ƒÄ À ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï) ¥¸¸½ˆÅŸ¸¿Š¸¥¸, Limited, Investor Services Department 1501, ¢©¸¨¸¸]¸ú›¸Š¸£ (Unit: Bank of Maharashtra) Lokmangal, 1501, ‚¸¢ûÅ¬¸ ÇÅŸ¸¸¿ˆÅ 002 Office No. 002, Ground Shivajinagar ÷¸¥¸ Ÿ¸¿¢]¸¥¸, ˆÅ¸©¸ú£¸Ÿ¸ œ¸ºµ¸½ - 411 005 Floor, Kashiram Jamnadas Pune 411 005 ]¸Ÿ¸›¸¸™¸¬¸ ¢¤¸¦¥”¿Š¸ ûÅ¸½›¸ À (020) 25511360 Bldg, 5, P.D’ Mello Road, Tel: (020) 25511360 û¾ÅÆ¬¸À (020) 25533246 (Ghadiyal Godi), Masjid (E) Fax (020) 25533246 5, œ¸ú ¢”Ÿ¸½¥¸¸½ £¸½”, Mumbai – 400 009. Email:investor_services@ investor_services (‹¸¢”õ¡¸¸¥¸ Š¸¸½™ú) ƒÄŸ¸½¥¸ À @ Tel: (022) 40206022/23/24 mahabank.co.in Ÿ¸¦¬]¸™ (œ¸»¨¸Ä) Ÿ¸º¿¤¸ƒÄ - 400009 mahabank.co.in Fax:(022) 40206021 Email: subodh@ ’½¥¸úûÅ¸½›¸À (022) - mcsregistrars.com 40206022 / 23 /24 The details of the Trustee for the bonds issued by the Bank are û¾ÅÆ¬¸À (022) - 40206021 as under. ƒÄ-Ÿ¸½¥¸ À subodh@ mcsregistrars com Name of the debenture Axis Trustee Services Ltd . trustee ¤¸ÿˆÅ ×¸£¸ ]¸¸£ú ¤¸¸Áµ”¸Ê ˆ½Å ’ï¦¬’¡¸¸Ê ˆÅ¸ ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾À Address Axis House, Ground Floor, Wadia International Centre, ¢”¤¸Ê\¸£ ’ï¬’ú ‡¢Æ¬¸¬¸ ’ï¬’ú ¬¸¢¨¸Ä¬¸½¬¸ ¢¥¸. Pandurang Budhkar Marg, Worli ˆÅ¸ ›¸¸Ÿ¸ Mumbai – 400 025 œ¸÷¸¸ ‡¢Æ¬¸¬¸ í¸„¬¸, ÷¸¥¸ Ÿ¸¿¢]¸¥¸, ¨¸¸¢”¡¸¸ ƒ¿’£›¸¾©¸›¸¥¸ ¬¸½¿’£, Phone Number 022- 62260054/50 E -mail debenturetrustee@axistrustee. œ¸¸¿”º£¿Š¸ ¤¸ºš¸ˆÅ£ Ÿ¸¸Š¸Ä, com ¨¸£¥¸ú, Ÿ¸º¿¤¸ƒÄ - 400 025. 9.9 Distribution of shareholding: ûÅ¸½›¸ ÇÅ. 020-62260054/50 The distribution of shareholding, as on 31.03.2017 is as under: ƒÄ-Ÿ¸½¥¸ [email protected] 9.9 ©¸½¡¸£š¸¸¢£÷¸¸ ˆÅ¸ ¢¨¸÷¸£µ¸ No. of Shares No. of Shareholders % to total No. of shares % to total 31.03.2017 ˆÅ¸½ ©¸½¡¸£š¸¸¢£÷¸¸ ˆÅ¸ ¢¨¸÷¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾À Up to 500 157730 91.24 2,11,54,841 1.81 ©¸½¡¸£¸Ê ˆÅú ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆºÅ¥¸ ˆÅ¸ ©¸½¡¸£¸Ê ˆÅú ¬¸¿‰¡¸¸ ˆºÅ¥¸ ˆÅ¸ 501 -1000 8540 4.94 70,14,121 0.59 ¬¸¿‰¡¸¸ ˆÅú ¬¸¿‰¡¸¸ % % 1001-2000 3746 2.17 56,89,774 0.48 500 ÷¸ˆÅ 157730 91.24 2,11,54,841 1.81 501-1000 8540 4.94 70,14,121 0.59 2001-3000 987 0.57 25,30,026 0.22 1001-2000 3746 2.17 56,89,774 0.48 3001-4000 479 0.28 17,24,822 0.14 2001-3000 987 0.57 25,30,026 0.22 4001-5000 382 0.22 18,04,993 0.15 3001-4000 479 0.28 17,24,822 0.14 4001-5000 382 0.22 18,04,993 0.15 5001-10000 528 0.30 39,16,121 0.37 5001-10000 528 0.30 39,16,121 0.37 Above 10000* 477 0.28 112,44,99,010 96.24 10000* ¬¸½ 477 0.28 112,44,99,010 96.24 ‚¢š¸ˆÅ Total 172869 100.00 116,83,33,708 100.00 ˆºÅ¥¸ 172869 100.00 116,83,33,708 100.00 [* Includes 95,35,24,561 shares held by the Government of India ] (* ž¸¸£÷¸ ¬¸£ˆÅ¸£ ×¸£¸ š¸¸¢£÷¸ 95,35,24,561 ©¸½¡¸£¸Ê ˆÅ¸ ¬¸Ÿ¸¸¨¸½©¸ í¾)

49 Annual Report 2016-17

9.10 ©¸½¡¸£¸Ê ˆÅ¸ ”ú-Ÿ¸¾’úˆÅ£µ¸ 9.10 Dematerialisation of shares: ¤¸ÿˆÅ ˆ½Å ©¸½¡¸£¸Ê ˆÅ¸ ‚¢›¸¨¸¸¡¸Ä ³Åœ¸ ¬¸½ ”ú-Ÿ¸¾’ ¬¨¸³Åœ¸ Ÿ¸Ê íú ÇÅ¡¸-¢¨¸ÇÅ¡¸ í¸½÷¸¸ í¾. Shares of the Bank are traded compulsorily in Demat form ¤¸ÿˆÅ ˆ½Å ©¸½¡¸£¸Ê ˆ½Å ”ú-Ÿ¸¾’úˆÅ£µ¸ ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ ›¸½ ™¸½›¸¸Ê ¢”œ¸¸Á¢]¸’¢£¡¸¸Ê ¡¸˜¸¸ ›¸¾©¸›¸¥¸ only. The Bank has entered into agreements with both the ¢¬¸Æ¡¸º¢£’ú]¸ ¢”œ¸¸Á¢]¸’£ú]¸ ¢¥¸. (‡›¸‡¬¸”ú‡¥¸) ÷¸˜¸¸ ¬¸Ê’ï¥¸ ¢”œ¸¸Á¢]¸’£ú ¬¸¢¨¸Ä¬¸½¬¸ Depositories viz. National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (ƒ¿¢”¡¸¸) ¢¥¸. (¬¸ú”ú‡¬¸‡¥¸) ˆ½Å ¬¸¸˜¸ ¬¸Ÿ¸^¸¸¾÷¸½ ¢ˆÅ‡ íÿ. ¤¸ÿˆÅ ˆ½Å ƒ¦Æ¨¸’ú ©¸½¡¸£¸Ê ˆÅ¸½ (CDSL) for dematerialization of the Bank’s shares. The ISIN ‚¸¤¸¿¢’÷¸ ‚¸ƒÄ‡¬¸‚¸ƒÄ‡›¸ ˆÅ¸½” INE457A01014 í¾. ¨¸«¸Ä 2016-17 ˆ½Å ¢¥¸‡ code allotted to the Bank’s Equity Shares is INE457A01014. ¨¸¸¢«¸ÄˆÅ ‚¢ž¸£®¸¸ ûÅú¬¸ ¬¸½¤¸ú ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¢”œ¸¸¢]¸’£ú ˆÅ¸½ ž¸ºŠ¸÷¸¸›¸ ˆÅ£ The Annual Custody fees for the year 2016-17 have been paid ™ú Š¸ƒÄ í¾. to the depositories as per SEBI guidelines. 31.03.2017 ˆÅ¸½ ©¸½¡¸£š¸¸£ˆÅ¸Ê ×¸£¸ š¸¸¢£÷¸ ©¸½¡¸£¸Ê ˆ½Å ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿ À- Particulars of shares held by the shareholders as on 31.03.2017 are as under:

ª½µ¸ú ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆÅú ¬¸¿‰¡¸¸ ©¸½¡¸£¸Ê ˆÅú ¬¸¿‰¡¸¸ No. of shareholders No. of shares ©¸½¡¸£š¸¸£ˆÅ¸Ê œÏ¢÷¸©¸÷¸ ©¸½¡¸£¸Ê ˆÅú œÏ¢÷¸©¸÷¸ Category Number of Number of Percentage Percentage ˆÅú ¬¸¿‰¡¸¸ ¬¸¿‰¡¸¸ shareholders shares ž¸¸¾¢÷¸ˆÅ ³Åœ¸ Ÿ¸Ê* 47489 6913727 Physical 47489 27.47 6913727 0.59 27.47 0.59 Demat: ”úŸ¸¾’À NSDL 88205 51.02 192572038 16.48 37175 21.51 968847943 82.93 ‡›¸‡¬¸”ú‡¥¸ 88205 51.02 192572038 16.48 CDSL* 125380 72.53 1161419981 99.41 ¬¸ú”ú‡¬¸‡¥¸* 37175 21.51 968847943 82.93 Sub-total „œ¸ ]¸¸½”õ 125380 72.53 1161419981 99.41 Total 172869 100.00 1168333708 100.00 . . (* Including 95,35,24,561 shares held by the Government of ˆºÅ¥¸ 172869 100 00 1168333708 100 00 India) (*ž¸¸£÷¸ ¬¸£ˆÅ¸£ ×¸£¸ š¸¸¢£÷¸ 95,35,24,561 ©¸½¡¸£¸Ê ¬¸¢í÷¸) 9.11 Outstanding Global depository receipts or American 9.11 ‚¸„’¬’ÿ¢”¿Š¸ Š¥¸¸½¤¸¥¸ ¢”œ¸¸Á¢]¸’£ú ¢£¬¸ú’ ¡¸¸ ‚Ÿ¸½¢£ˆÅ›¸ ¢”œ¸¸Á¢]¸’£ú depository receipts or warrants or any convertible ¢£¬¸ú’ ¡¸¸ ¨¸¸£¿’ ¡¸¸ ˆÅ¸½ƒÄ œ¸¢£¨¸÷¸Ä›¸ú¡¸ ¢¥¸‰¸÷¸, œ¸¢£¨¸÷¸Ä›¸ ¢™›¸¸¿ˆÅ ‚¸¾£ instruments, conversion date and likely impact on equity: ƒÄ¦Æ¨¸’ú œ¸£ ¬¸¿ž¸¸¢¨¸÷¸ œÏž¸¸¨¸ À ¥¸¸Š¸» ›¸íú¿ Not applicable 9.12 œ¸µ¡¸ Ÿ¸»¥¡¸ ]¸¸½¢‰¸Ÿ¸ ¡¸¸ ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ]¸¸½¢‰¸Ÿ¸ ‚¸¾£ í½¢]¸¿Š¸ Š¸¢÷¸¢¨¸¢š¸¡¸¸¿À 9.12 Commodity price risk or foreign exchange risk and ‰¸¸÷¸¸½¿ œ¸£ ¢’œœ¸¢µ¸¡¸¸¿ - ‚›¸º¬¸»\¸ú 18 Ÿ¸½¿ ¢¨¸Š¸¸½œ¸›¸ „œ¸¥¸¤š¸ í¾. hedging activities: Disclosure is provided in Schedule No. 18 - Notes to Accounts. 9.13 £¸«’ïú¡¸ ƒ¥¸½Æ’ï¸Á¢›¸ˆÅ ¬¸Ÿ¸¸©¸¸½š¸›¸ ¬¸½¨¸¸‡¿ (‡›¸ƒÄ¬¸ú‡¬¸) ›¸¾©¸›¸¥¸ ƒ¥¸½Æ’ï¸Á¢›¸ˆÅ ¬¸Ÿ¸¸©¸¸½š¸›¸ ¬¸½¨¸¸ (‡›¸ƒÄ¬¸ú‡¬¸) ¥¸¸ž¸¸¿©¸/¤¡¸¸]¸ ƒ÷¡¸¸¢™ ˆ½Å 9.13 National Electronic Clearing Services (NECS): ž¸ºŠ¸÷¸¸›¸ ˆÅ£›¸½ ˆÅú ‚›¸»“ú œÏµ¸¸¥¸ú í¾, ¢]¸¬¸ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¢›¸¨¸½©¸ˆÅ ˆÅ¸½ ™½¡¸ £¸¢©¸ ¬¸úš¸½ National Electronic Clearing Services (NECS) is a novel „¬¸ˆ½Å ¤¸ÿˆÅ ‰¸¸÷¸½ Ÿ¸Ê ]¸Ÿ¸¸ ˆÅú ]¸¸ ¬¸ˆÅ÷¸ú í¾. ¤¸ÿˆÅ ‚œ¸›¸½ ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆÅ¸½ ¬¸úš¸½ ‚œ¸›¸½ method of payment of dividend/interest etc. where the amount due to the investor can be directly credited to his/ her Bank ‰¸¸÷¸½ Ÿ¸Ê ¥¸¸ž¸¸¿©¸ ]¸Ÿ¸¸ ˆÅ£¸›¸½ í½÷¸º ¡¸í ¬¸º¢¨¸š¸¸ ¥¸½›¸½ ˆÅ¸ ¢¨¸ˆÅ¥œ¸ œÏ™¸›¸ ˆÅ£÷¸¸ í¾. account. The Bank offers this service to its shareholders with ÷¸˜¸¸¢œ¸ ©¸½¡¸£š¸¸£ˆÅ ˆÅ¸ ‰¸¸÷¸¸ ˆÊÅÍú¡¸ˆ¼Å÷¸/ˆÅ¸½£ ¤¸ÿ¢ˆ¿ÅŠ¸ ¬¸¸½¥¡¸º©¸›¸ (¬¸ú¤¸ú‡¬¸) ¨¸¸¥¸ú an option to avail the facility for the direct credit of the dividend ¤¸ÿˆÅ ©¸¸‰¸¸ Ÿ¸Ê í¸½›¸¸ \¸¸¢í‡. in their bank account. However, the Bank account of the shareholders should be in Centralized/Core Banking Solution ‡›¸ƒÄ¬¸ú‡¬¸ ‚¢š¸™½©¸ ûÅ¸ÁŸ¸Ä ¨¸¸¢«¸ÄˆÅ ¬¸¸š¸¸£µ¸ ¤¸¾“ˆÅ ˆÅú ›¸¸½¢’¬¸ ˆ½Å ¬¸¸˜¸ ¬¸¿¥¸Š›¸ (CBS) branch of the Bank. í¾, ¢]¸¬¸½ ©¸½¡¸£š¸¸£ˆÅ¸Ê ×¸£¸ ž¸£ˆÅ£ ž¸¸¾¢÷¸ˆÅ ³Åœ¸ Ÿ¸Ê ©¸½¡¸£¸Ê ˆÅ¸ š¸¸£µ¸ ˆÅ£›¸½ ¨¸¸¥¸½ £¢]¸¬’ï¸£ ‚¸¾£ ©¸½¡¸£ ‚¿÷¸£µ¸ ‡]¸Ê’ (‚¸£’ú‡) ˆÅ¸½ ž¸½]¸¸ ]¸¸‡. ¢”Ÿ¸’½¢£¡¸¥¸¸ƒ]” The NECS mandate form is enclosed to the AGM Notice, which may be sent to the Registrar and Share Transfer Agent (RTA) ³Åœ¸ Ÿ¸Ê ©¸½¡¸£ š¸¸£µ¸ ˆÅ£›¸½ ¨¸¸¥¸½ ©¸½¡¸£š¸¸£ˆÅ ¬¸¿¤¸¿¢š¸÷¸ ¢”œ¸¸Á¢]¸’£ú ¬¸íž¸¸Š¸ú ¬¸½ „›¸ˆ½Å by the shareholders, who are holding shares in physical form. ¤¸ÿˆÅ ‰¸¸÷¸½ ¤¡¸¸¾£½ ‚Ô¸¢÷¸÷¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¬¸¿œ¸ˆÄÅ ˆÅ£Ê. Shareholders holding their shares in dematerialized form may ¤¸ÿˆÅ Ÿ¸Ê ‰¸¸÷¸¸ £‰¸›¸½ ¨¸¸¥¸½ ©¸½¡¸£š¸¸£ˆÅ¸Ê ¬¸½ ‚›¸º£¸½š¸ í¾ ¢ˆÅ ¨¸½ ¤¸ÿˆÅ ˆÅ¸½ ‚œ¸›¸½ ¬¸ú¤¸ú‡¬¸ contact their respective Depository Participants for updating their bank account details. ‰¸¸÷¸¸Ê ˆÅ¸ ¢¨¸¨¸£µ¸ ¥¸¸ž¸¸¿©¸ ˆÅ¸ ž¸ºŠ¸÷¸¸›¸ ]¸Ÿ¸¸ ˆÅ£›¸½ í½÷¸º ¬¸»¢\¸÷¸ ˆÅ£Ê. Shareholders maintaining account with the Bank are requested 9.14 ‚™î¸ ¥¸¸ž¸¸¿©¸ to provide to the Bank, CBS Bank account details to credit their ‡½¬¸½ ©¸½¡¸£š¸¸£ˆÅ ¢]¸›í¸Ê›¸½ ¢¨¸î¸ú¡¸ ¨¸«¸¸½ô 2009-10, 2010-2011, 2011-12, accounts towards payment of dividend 2012-13, 2013-14 ‚¸¾£ 2014-15 ˆ½Å ¢¥¸‡ ¥¸¸ž¸¸¿©¸ ¨¸¸£¿’ ˆÅ¸ ›¸ˆÅ™úˆÅ£µ¸ ›¸ 9.14 Unpaid Dividends: ¢ˆÅ¡¸¸ í¸½, ¨¸½ ¨¸¸£¿’¸Ê ˆ½Å œ¸º›¸¨¸¾Äš¸úˆÅ£µ¸ ÷¸˜¸¸ ƒ¬¸ˆ½Å ž¸ºŠ¸÷¸¸›¸ í½÷¸º ‚¸¨¸©¡¸ˆÅ ¬¸í¸¡¸÷¸¸ The Shareholders who have not encashed the dividend ˆ½Å ¢¥¸‡ £¢]¸¬’ï¸£/¤¸ÿˆÅ ¬¸½ „Æ÷¸ œ¸÷¸½ œ¸£ ¬¸¿œ¸ˆÄÅ ˆÅ£ ¬¸ˆÅ÷¸½ íÿ. warrants for the financial years 2009-10, 2010-11, 2011-12, ¤¸ÿ¢ˆ¿ÅŠ¸ ˆ¿Åœ¸›¸ú („œ¸ÇÅŸ¸¸Ê ˆÅ¸ ‚¢š¸ŠÏíµ¸ ‚¸¾£ ‚¿÷¸£µ¸) ‚¢š¸¢›¸¡¸Ÿ¸ 1970 ˆ½Å ‰¸¿” 10 2012-13, 2013-14 and 2014-15 may contact the Registrar / ¤¸ú ‚¸¾£ ¢¨¸î¸ú¡¸ ¬¸¿¬˜¸¸›¸ ¢¨¸¢š¸ (¬¸¿©¸¸½š¸›¸) ‚¢š¸¢›¸¡¸Ÿ¸ 2006 (]¸¸½ 16.10.2006 Bank on the above address for revalidation of the warrants and for necessary assistance for the payment thereof. ¬¸½ œÏž¸¸¨¸ú íº‚¸) ˆÅú ©¸÷¸¸½ô ˆ½Å ‚›¸º¬¸¸£ ¥¸¸ž¸¸¿©¸ ˆÅú ˆÅ¸½ƒÄ ž¸ú £¸¢©¸ ]¸¸½ ‚™î¸ ¥¸¸ž¸¸¿©¸ ‰¸¸÷¸½ Ÿ¸Ê ‚¿÷¸¢£÷¸ ˆÅú Š¸ƒÄ í¾ ‚¸¾£ ƒ¬¸ œÏˆÅ¸£ ˆ½Å ‚¿÷¸£µ¸ ˆ½Å ¢™›¸¸¿ˆÅ ¬¸½ ¬¸¸÷¸ ¨¸«¸¸½ô ˆÅú In terms of Section 10B of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and Financial ‚¨¸¢š¸ ˆ½Å ¢¥¸‡ ¢¤¸›¸¸ ž¸ºŠ¸÷¸¸›¸ ¡¸¸ ¢¤¸›¸¸ ™¸¨¸½ ˆ½Å ‰¸¸÷¸½ Ÿ¸Ê œ¸”ú í¾, ˆÅ¸½ ˆ¿Åœ¸›¸ú ‚¢š¸¢›¸¡¸Ÿ¸ Institutions Laws (Amendment) Act 2006, (which has come 1956 ˆÅú š¸¸£¸ 205 ¬¸ú(1) / ˆ¿Åœ¸›¸ú ‚¢š¸¢›¸¡¸Ÿ¸, 2013 ˆÅú š¸¸£¸ 125 ˆ½Å ‚š¸ú›¸ into force from 16.10.2006), any amount of dividend which is Š¸¢“÷¸ ``¢›¸¨¸½©¸ˆÅ ¢©¸®¸¸ ÷¸˜¸¸ ¬¸¿£®¸µ¸ ¢›¸¢š¸’’ (‚¸ƒÄƒÄœ¸ú‡ûÅ) Ÿ¸Ê ‚¿÷¸¢£÷¸ ¢ˆÅ¡¸¸ transferred to unpaid dividend account and remains unpaid ]¸¸‡Š¸¸ ‚¸¾£ ƒ¬¸ˆ½Å œ¸ä¸¸÷¸ ¤¸ÿˆÅ ¡¸¸ ‚¸ƒÄƒÄœ¸ú‡ûÅ Ÿ¸Ê ¥¸¸ž¸¸¿©¸ ˆ½Å ž¸ºŠ¸÷¸¸›¸ í½÷¸º ˆÅ¸½ƒÄ ž¸ú / unclaimed for a period of seven years from the date of ™¸¨¸¸ ¥¸¿¢¤¸÷¸ ›¸íú¿ í¸½›¸¸ \¸¸¢í‡. such transfer shall be transferred to “Investor Education and

50 Jeeef

„Æ÷¸ œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å ‚›¸º¬¸£µ¸ Ÿ¸Ê ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2003-04, 2004-05, 2005-06, Protection Fund” (IEPF) established under Section 205C(1) of 2006-07, 2007-08 ‚¸¾£ 2008-09 ¬¸½ ‚™î¸/ ™¸¨¸¸ ›¸ ˆÅú Š¸ƒÄ ¥¸¸ž¸¸¿©¸ ˆÅú the Companies Act, 1956/Section 125 of the Companies Act, 2013 and thereafter, no claim for payment of dividend shall lie ‡½¬¸ú ¬¸ž¸ú £¸¢©¸¡¸¸Ê ˆÅ¸½ “¢›¸¨¸½©¸ˆÅ ¢©¸®¸¸ ‡¨¸¿ ¬¸¿£®¸µ¸ ¢›¸¢š¸” Ÿ¸Ê ‚¿÷¸¢£÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ in respect thereof either to the Bank or to IEPF. ÷¸˜¸¸ ƒ¬¸ˆÅ¸ ¤¡¸¸¾£¸ ¤¸ÿˆÅ ˆ½Å ¨¸½¤¸¬¸¸ƒÄ’ Ÿ¸Ê œÏ™¢©¸Ä÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ¨¸«¸Ä 2009-10 In line with the above provisions, all such amounts of dividend í½÷¸º ™¸¨¸¸ ›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸/ ‚™î¸ ¥¸¸ž¸¸¿©¸ ¢›¸š¸¸Ä¢£÷¸ ¬¸úŸ¸¸ ˆ½Å ž¸ú÷¸£ „Æ÷¸ ¢›¸¢š¸ ˆÅ¸½ remaining unpaid / unclaimed from the financial year 2003- ‚¿÷¸¢£÷¸ ¢ˆÅ¡¸¸ ]¸¸‡Š¸¸. 04, 2004-05, 2005-06, 2006-07, 2007-08 and 2008-09 have 9.15 ©¸½¡¸£š¸¸¢£÷¸¸ ˆÅ¸ ¬¨¸³Åœ¸ been transferred to “Investor Education and Protection Fund”. The details are displayed on the Bank’s website. The dividend ¢™›¸¸¿ˆÅ 31.03.2017 ÷¸˜¸¸ 31.03.2016 ˆÅ¸½ ¤¸ÿˆÅ ˆ½Å ©¸½¡¸£¸Ê ˆÅ¸ ©¸½¡¸£š¸¸¢£÷¸¸ ˆÅ¸ for the year 2009-10 remaining unclaimed/ unpaid will be ¬¨¸³Åœ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ £í¸ À transferred to the said fund within the prescribed limits. 31.03.2017 ˆÅ¸½ 31.03.2016 ˆÅ¸½ 9.15 Shareholding Pattern: ©¸½¡¸£ š¸¸£ˆÅ ˆÅú š¸¸¢£÷¸ ©¸½¡¸£¸Ê ˆÅú ˆºÅ¥¸ ©¸½¡¸£ š¸¸¢£÷¸ ©¸½¡¸£¸Ê ˆÅú ˆºÅ¥¸ ©¸½¡¸£ The shareholding pattern of the Bank’s shares as on ª½µ¸ú ¬¸¿‰¡¸¸ š¸¸£µ¸ ¬¸½ % ¬¸¿‰¡¸¸ š¸¸£µ¸ ¬¸½ 31.03.2017 and 31.03.2016 was as under: % As on 31.03.2017 As on 31.03.2016 ž¸¸£÷¸ ¬¸£ˆÅ¸£ 95,35,24,561 81.61 95,35,24,561 81.61 Category of shareholder No. of shares % to total No. of shares % to Ÿ¡¸º\¡¸º‚¥¸ held holding held total û¿Å”/¡¸»’ú‚¸ƒÄ 28,426 0.00 25,184 0.00 Govt. of India 95,35,24,561 81.61 95,35,24,561 81.61 Mutual Fund/UTI 28,426 0.00 25,184 0.00 ¤¸ÿˆÅ/¢¨¸î¸ú¡¸ ¬¸¿¬˜¸¸›¸ 4,39,117 0.04 4,48,885 0.04 Banks/Financial Institutions 4,39,117 0.04 4,48,885 0.04 ¤¸úŸ¸¸ ˆ¿Åœ¸¢›¸¡¸¸¿ 15,26,90,471 13.07 15,26,90,471 13.07 Insurance Companies 15,26,90,471 13.07 15,26,90,471 13.07 ¢¨¸™½©¸ú ¬¸¿¬˜¸¸Š¸÷¸ Foreign Institutional ¢›¸¨¸½©¸ˆÅ 29,65,209 0.25 33,99,179 0.29 Investors 29,65,209 0.25 33,99,179 0.29 ‹¸£½¥¸» ˆ¿Åœ¸¢›¸¡¸¸¿ 35,82,983 0.31 35,75,765 0.31 Domestic Companies 35,82,983 0.31 35,75,765 0.31 ›¡¸¸¬¸ (’ï¬’) 1,12,025 0.01 1,12,025 0.01 Trusts 1,12,025 0.01 1,12,025 0.01 ž¸¸£÷¸ú¡¸ ¢›¸¨¸¸¬¸ú Resident Individuals 5,27,03,339 4.51 5,25,65,888 4.50 ¨¡¸¢Æ÷¸ 5,27,03,339 4.51 5,25,65,888 4.50 Non Resident Individuals 22,87,477 0.20 19,91,650 0.17 Overseas Bodies Corporate 100 0.00 100 0.00 ‚¢›¸¨¸¸¬¸ú ž¸¸£÷¸ú¡¸ 22,87,477 0.20 19,91,650 0.17 Total 116,83,33,708 100.00 116,83,33,708 100.00 ¢¨¸™½©¸ú ¢›¸Š¸¢Ÿ¸÷¸ ¢›¸ˆÅ¸¡¸ 100 0.00 100 0.00 9.16 Green Initiatives in communication to the Shareholders: ˆºÅ¥¸ 116,83,33,708 100.00 116,83,33,708 100.00 The Ministry of Corporate Affairs, vide its communications No. 17/95/2011 CL-v/Cir No.17 dated 21.04.2011 and No. 9.16 ©¸½¡¸£š¸¸£ˆÅ¸Ê ¬¸½ ¬¸¿œÏ½«¸µ¸ Ÿ¸Ê í¢£÷¸ œ¸í¥¸ 18/95/2011, dated 29.04.2011 has allowed sending the “í¢£÷¸ œ¸í¥¸” ˆ½Å ²Åœ¸ Ÿ¸½¿ ˆÅ¸Áœ¸¸½Ä£½’ Ÿ¸¸Ÿ¸¥¸¸Ê ˆ½Å Ÿ¸¿°¸¸¥¸¡¸ ›¸½ ‚œ¸›¸½ ¢™›¸¸¿ˆÅ 21.04.2011 communications to the shareholders by electronic mode, as ˆ½Å ¬¸¿œÏ½«¸µ¸ Ç¿Å.17/95 /2011 ¬¸ú‡¥¸-¨¸ú/œ¸¢£. ÇÅ.17 ÷¸˜¸¸ ¢™›¸¸¿ˆÅ 29.04.2011 matter of “Green Initiative”. Falling in line with this, the Bank has sent letters/mails to the shareholders, requesting them to ˆ½Å ÇÅ. 18/95/2011 ×¸£¸ ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆÅ¸½ ƒ¥¸½Æ’ï¸¢›¸ˆÅ Ÿ¸¸½” ¬¸½ ¬¸¿œÏ½«¸µ¸ ž¸½]¸›¸½ ˆÅú inform/update their email Ids to enable the Bank to send the ‚›¸ºŸ¸¢÷¸ ™ú í¾. ƒ¬¸ˆÅ¸ ‚›¸º¬¸£µ¸ ˆÅ£÷¸½ íº‡, ¤¸ÿˆÅ ›¸½ ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆÅ¸½ œ¸°¸/Ÿ¸½¥¸ ž¸½]¸÷¸½ notices/communications/documents to the shareholders by íº‡ ‚›¸º£¸½š¸ ¢ˆÅ¡¸¸ ¢ˆÅ ¨¸½ ‚œ¸›¸½ ƒÄ-Ÿ¸½¥¸ ‚¸ƒÄ”ú ˆÅú íŸ¸Ê ]¸¸›¸ˆÅ¸£ú ™Ê / ‚Ô¸¢÷¸÷¸ ˆÅ£Ê, electronic mode. The notices of the Thirteenth Annual General ÷¸¸¢ˆÅ ¤¸ÿˆÅ ˆÅú ‚¸½£ ¬¸½ ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆÅ¸½ ¬¸»\¸›¸¸/¬¸¿œÏ½«¸µ¸/™¬÷¸¸¨¸½]¸ ƒ¥¸½Æ’ï¸¢›¸ˆÅ Ÿ¸¸½” Meeting of the Shareholders of the Bank, held on 29th June, ¬¸½ ž¸½]¸½ ]¸¸ ¬¸ˆÊÅ. ¢™›¸¸¿ˆÅ 29 ]¸»›¸ 2016 ˆÅ¸½ ¬¸¿œ¸››¸ ¤¸ÿˆÅ ˆ½Å ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆÅú ÷¸½£í¨¸ú¿ 2016 were sent to 63142 shareholders by electronic mode. ¨¸¸¢«¸ÄˆÅ ¬¸¸š¸¸£µ¸ ¤¸¾“ˆÅ ˆÅú ¬¸»\¸›¸¸ 63142 ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆÅ¸½ ƒ¥¸½Æ’ï¸¢›¸ˆÅ Ÿ¸¸½” ¬¸½ ž¸½]¸ú Š¸ƒÄ. Report of the Board of Directors on Corporate ˆÅ¸Áœ¸¸½Ä£½’ œ¸£ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆÅú ¢£œ¸¸½’Ä

Ÿ¸ÿ ‹¸¸½¢«¸÷¸ ˆÅ£÷¸¸ í»Â ¢ˆÅ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ›¸½ ¬¸½¤¸ú (¢¥¸¦¬’¿Š¸ ‚¢›¸¨¸¸¡¸Ä÷¸¸‡¿ ‚¸¾£ œÏˆÅ’›¸ I declare that the Board has laid down the Code of Conduct for all ‚¸¨¸©¡¸ˆÅ÷¸¸‡¿) ¢¨¸¢›¸¡¸Ÿ¸ 2015 ˆ½Å ‚›¸ºœ¸¸¥¸›¸ Ÿ¸Ê ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆ½Å ¬¸ž¸ú ¬¸™¬¡¸¸Ê ‚¸¾£ ¤¸ÿˆÅ Board Members and Senior Management Personnel of the Bank ˆ½Å ¨¸¢£«“ œÏ¤¸¿š¸›¸ ˆÅ¢Ÿ¸Ä¡¸¸Ê ˆ½Å ¢¥¸‡ ‚¸\¸¸£ ¬¸¿¢í÷¸¸ (ˆÅ¸½” ‚¸ÁûÅ ˆ¿Å”Æ’) ¢›¸š¸¸Ä¢£÷¸ ˆÅú Š¸ƒÄ í¾. in compliance with SEBI (Listing Obligations and Disclosures ‚¸\¸¸£ ¬¸¿¢í÷¸¸ ¤¸ÿˆÅ ˆÅú ¨¸½¤¸¬¸¸ƒ’ œ¸£ ž¸ú œÏ™¢©¸Ä÷¸ ˆÅú Š¸ƒÄ í¾. Requirements), Regulations, 2015. The Code of Conduct is posted on the website of the Bank. Ÿ¸ÿ ¡¸í ž¸ú ‹¸¸½¢«¸÷¸ ˆÅ£÷¸¸ í»Â ¢ˆÅ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆ½Å ¬¸ž¸ú ¬¸™¬¡¸ ‚¸¾£ ¤¸ÿˆÅ ˆ½Å ¬¸ž¸ú ¨¸¢£«“ I further declare that all Board members and Senior Management œÏ¤¸¿š¸›¸ ˆÅ¢Ÿ¸Ä¡¸¸Ê ›¸½ 31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ‚¸\¸¸£ ¬¸¿¢í÷¸¸ ˆ½Å œ¸¸¥¸›¸ ˆÅ£›¸½ Personnel of the Bank have affirmed their compliance with the Code ˆÅú œ¸º¦«’ ˆÅú í¾. of Conduct during the year ended 31st March, 2017. ˆ¼Å÷¸½ ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï For Bank of Maharashtra

(‚¸£. œ¸ú. Ÿ¸£¸“½) (R.P. Marathe) Managing Director and CEO œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ ¢™›¸¸¿ˆÅ À 4 Ÿ¸ƒÄ 2017 Date: 4th May, 2017 ¬˜¸¸›¸ À œ¸ºµ¸½ Place: Pune

51 Annual Report 2016-17

¬¸úƒÄ‚¸½/¬¸ú‡ûÅ‚¸½ œÏŸ¸¸µ¸œ¸°¸ CEO/ CFO Certificate [Regulation 17(8)] [¢¨¸¢›¸¡¸Ÿ¸ 17(8)] ¬¸½¨¸¸ Ÿ¸Ê, To the Board of Directors, ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ Bank of Maharashtra, ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï Pune œ¸ºµ¸½ This is to certify that: íŸ¸ œÏŸ¸¸¢µ¸÷¸ ˆÅ£÷¸½ íÿ ¢ˆÅ A. We have reviewed financial statements and the cash flow ˆÅ. íŸ¸›¸½ 31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä í½÷¸º ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ‚¸¾£ ›¸ˆÅ™ú statement for the year ended 31st March, 2017 and that to the œÏ¨¸¸í ¢¨¸¨¸£µ¸ ˆÅú ¬¸Ÿ¸ú®¸¸ ˆÅú í¾ ‚¸¾£ íŸ¸¸£ú ¬¸¨¸¸½Äî¸Ÿ¸ ]¸¸›¸ˆÅ¸£ú ‚¸¾£ ¢¨¸æ¸¸¬¸ best of our knowledge and belief: ˆ½Å ‚›¸º¬¸¸£ À (1) These statements do not contain any materially untrue (1) ƒ›¸ ¢¨¸¨¸£µ¸¸Ê Ÿ¸Ê ˆÅ¸½ƒÄ Š¸¿ž¸ú£ ‚¬¸÷¡¸ ˆÅ˜¸›¸ ›¸íú¿ í¾ ‚˜¸¨¸¸ ˆÅ¸½ƒÄ Ÿ¸í÷¨¸œ¸»µ¸Ä ÷¸˜¡¸ statement or omit any material fact or contain statements Ž»’¸ ›¸íú¿ í¾ ‚˜¸¨¸¸ ˆÅ¸½ƒÄ žÏ¸Ÿ¸ˆÅ ˆÅ˜¸›¸ ¬¸Ÿ¸¸¢¨¸«’ ›¸íú¿ í¾. that might be misleading; (2) ¡¸½ ¢¨¸¨¸£µ¸ ¬¸¦ŸŸ¸¢¥¸÷¸ ³Åœ¸ ¬¸½ ¤¸ÿˆÅ ˆ½Å Ÿ¸¸Ÿ¸¥¸¸Ê ˆÅú ¬¸÷¡¸ ‚¸¾£ „¢\¸÷¸ Ž¢¨¸ (2) These statements together present a true and fair view œÏ¬÷¸º÷¸ ˆÅ£÷¸½ íÿ ÷¸˜¸¸ Ÿ¸¸¾]¸»™¸ ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ¸Ê, œÏ¡¸¸½]¡¸ ¢¨¸¢š¸¡¸¸Ê ‚¸¾£ ¢¨¸¢›¸¡¸Ÿ¸›¸¸Ê of the Bank’s affairs and are in compliance with existing ˆ½Å ‚›¸º¬¸¸£ íÿ. accounting standards, applicable laws and regulations. ‰¸. íŸ¸¸£ú ¬¸¨¸¸½Äî¸Ÿ¸ ]¸¸›¸ˆÅ¸£ú ‚¸¾£ ¢¨¸æ¸¸¬¸ ˆ½Å ‚›¸º¬¸¸£ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ›¸½ ˆÅ¸½ƒÄ B. There are, to the best of our knowledge and belief, no transactions entered into by the Bank during the year which are ž¸ú ‡½¬¸¸ ¥¸½›¸™½›¸ ›¸íú¿ ¢ˆÅ¡¸¸ í¾ ]¸¸½ ˆÅœ¸’œ¸»µ¸Ä, ‚¨¸¾š¸ ‚˜¸¨¸¸ ¤¸ÿˆÅ ˆÅú ‚¸\¸¸£ fraudulent, illegal or violative of the Bank’s code of conduct. ¬¸¿¢í÷¸¸ ˆ½Å ¢¨¸³ÅÖ í¸½. C. We accept responsibility for establishing and maintaining internal Š¸. íŸ¸ ¢¨¸î¸ú¡¸ ¢£œ¸¸½¢’ôŠ¸ í½÷¸º ‚¸¿÷¸¢£ˆÅ ¢›¸¡¸¿°¸µ¸ ¬˜¸¸¢œ¸÷¸ ˆÅ£›¸½ ‚¸¾£ ƒ¬¸½ ¤¸›¸¸‡ controls for financial reporting and that we have evaluated the £‰¸›¸½ ˆÅ¸ „î¸£™¸¢¡¸÷¨¸ ¬¨¸úˆÅ¸£ ˆÅ£÷¸½ íÿ ‚¸¾£ ¡¸í ¢ˆÅ íŸ¸›¸½ ¢¨¸î¸ú¡¸ ¢£œ¸¸½¢’ôŠ¸ effectiveness of internal control systems of the Bank pertaining to ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ¤¸ÿˆÅ ˆÅú ‚¸¿÷¸¢£ˆÅ ¢›¸¡¸¿°¸µ¸ œÏµ¸¸¢¥¸¡¸¸Ê ˆÅú œÏž¸¸¨¸©¸ú¥¸÷¸¸ ˆÅ¸ financial reporting and we have disclosed to the Auditors and the Ÿ¸»¥¡¸¸¿ˆÅ›¸ ¢ˆÅ¡¸¸ í¾ ‚¸¾£ ‡½¬¸½ ‚¸¿÷¸¢£ˆÅ ¢›¸¡¸¿°¸µ¸ ˆ½Å œ¸¢£\¸¸¥¸›¸ ‚¸¾£ „¬¸ˆ½Å Audit Committee, deficiencies in the design or operation of such ¬¨¸³Åœ¸ ˆÅú ¢¨¸¬¸¿Š¸¢÷¸¡¸¸Ê ˆÅ¸½, ]¸¸½ íŸ¸¸£ú ]¸¸›¸ˆÅ¸£ú Ÿ¸Ê íÿ ÷¸˜¸¸ „›íÊ œ¸¢£©¸¸½¢š¸÷¸ internal controls, if any, of which we are aware and the steps we ˆÅ£›¸½ ˆ½Å ¢¥¸‡ íŸ¸¸£½ ×¸£¸ „“¸‡ Š¸‡/œÏ¬÷¸¸¢¨¸÷¸ ˆÅ™Ÿ¸¸Ê ˆÅ¸½ ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê have taken or propose to take to rectify these deficiencies. ‚¸¾£ ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ˆ½Å ¬¸Ÿ¸®¸ œÏˆÅ’ ¢ˆÅ¡¸¸ í¾. D. We have indicated to the Auditors and the Audit Committee.

‹¸. íŸ¸›¸½ ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ‚¸¾£ ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ˆÅ¸½ ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ˆÅú ¬¸»\¸›¸¸ (1) Significant changes in internal control over financial ™ú í¾ À reporting during the year; (1) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¢¨¸î¸ú¡¸ ¢£œ¸¸½¢’ôŠ¸ œ¸£ ‚¸¿÷¸¢£ˆÅ ¢›¸¡¸¿°¸µ¸ Ÿ¸Ê íº‡ Ÿ¸í÷¨¸œ¸»µ¸Ä (2) Significant changes in accounting policies during the year œ¸¢£¨¸÷¸Ä›¸. and that the same have been disclosed in the notes to the financial statements; and (2) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¥¸½‰¸¸ ›¸ú¢÷¸¡¸¸Ê Ÿ¸Ê íº‡ Ÿ¸í÷¨¸œ¸»µ¸Ä œ¸¢£¨¸÷¸Ä›¸ ‚¸¾£ ¢]¸›¸ˆÅ¸ œÏˆÅ’›¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆÅú ¢’œœ¸¢µ¸¡¸¸Ê Ÿ¸Ê ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. (3) Instances of significant fraud of which we have become aware and the involvement therein, if any, of the (3) íŸ¸Ê ±¸¸÷¸ š¸¸½‰¸¸š¸”õú ˆÅú ¢¨¸©¸½«¸ ‹¸’›¸¸‡¿ ‚¸¾£ ¢]¸¬¸Ÿ¸Ê ¤¸ÿˆÅ ˆÅú ‚¸¿÷¸¢£ˆÅ management or an employee having a significant role in ¢›¸¡¸¿°¸µ¸ œÏµ¸¸¥¸ú ‚¸¾£ ¢¨¸î¸ú¡¸ ¢£œ¸¸½¢’ôŠ¸ Ÿ¸Ê Ÿ¸í÷¨¸œ¸»µ¸Ä ž¸»¢Ÿ¸ˆÅ¸ ¨¸¸¥¸½ the Bank’s internal control system over financial reporting. ˆÅŸ¸Ä\¸¸£ú ¡¸¸ œÏ¤¸¿š¸›¸, ¡¸¢™ ˆÅ¸½ƒÄ í¸½, ˆÅú ¬¸¿¢¥¸œ÷¸÷¸¸ ˆ½Å ´«’¸¿÷¸.

R. H. Phadnis R.P. Marathe ‚¸£. ‡\¸. ûÅ”µ¸ú¬¸ ‚¸£. œ¸ú. Ÿ¸£¸“½ General Manager Managing Director & CEO Ÿ¸í¸œÏ¤¸¿š¸ˆÅ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ (FM&A & CFO) (¢¨¸î¸ú¡¸ œÏ¤¸¿š¸›¸ ‡¨¸¿ ¥¸½‰¸¸ ¬¸úƒÄ‚¸½ ‚¸¾£ Ÿ¸º‰¡¸ ¢¨¸î¸ú¡¸ ‚¢š¸ˆÅ¸£ú) Date: 04th May, 2017 Place: Pune ¢™›¸¸¿ˆÅ À 4 Ÿ¸ƒÄ 2017 ¬˜¸¸›¸ À œ¸ºµ¸½

52 Jeeef

Auditors’ Certificate to the Shareholders of ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ˆ½Å ©¸½¡¸£š¸¸£ˆÅ¸Ê ˆ½Å ¢¥¸‡ Bank of Maharashtra ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ˆÅ¸ œÏŸ¸¸µ¸œ¸°¸ To the Members of Bank of Maharashtra ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ˆ½Å ¬¸™¬¡¸¸Ê ˆ½Å ¢¥¸‡ We have examined the compliance of conditions of Corporate íŸ¸›¸½ ¡¸˜¸¸ ¥¸¸Š¸» ¬¸úŸ¸¸ ÷¸ˆÅ ¬¸½¤¸ú (¢¥¸¦¬’¿Š¸ ‚¢›¸¨¸¸¡¸Ä÷¸¸‡¿ ‚¸¾£ ¢¨¸Š¸¸½œ¸›¸ Governance by Bank of Maharashtra for the year ended on ‚¸¨¸©¡¸ˆÅ÷¸¸‡¿) ¢¨¸¢›¸¡¸Ÿ¸¸Ê, 2015 (¢¥¸¦¬’¿Š¸ ¢¨¸¢›¸¡¸Ÿ¸) ˆÅú ©¸÷¸¸½ô ˆ½Å ‚›¸º¬¸¸£ 31.03.2017 as stipulated in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), to the extent 31.03.2017 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä í½÷¸º ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ×¸£¸ ˆÅ¸Áœ¸¸½Ä£½’ Š¸¨¸›¸½ô¬¸ ˆÅú applicable. ©¸÷¸¸½ô ˆ½Å ‚›¸ºœ¸¸¥¸›¸ ˆÅú ]¸¸¿\¸ ˆÅú í¾. The Compliance of conditions of Corporate Governance is the ˆÅ¸Áœ¸¸½Ä£½’ Š¸¨¸›¸½ô¬¸ ˆÅú ©¸÷¸¸½ô ˆ½Å ‚›¸ºœ¸¸¥¸›¸ ˆÅú ¢]¸ŸŸ¸½™¸£ú œÏ¤¸¿š¸›¸ ˆÅú í¾. ˆÅ¸œ¸¸½Ä£½’ responsibility of the Management. Our examination was limited to the procedures and implementation thereof, adopted by the Bank for Š¸¨¸›¸½ô¬¸ ˆÅú ©¸÷¸¸½ô ˆÅ¸ ‚›¸ºœ¸¸¥¸›¸ ¬¸º¢›¸¢ä¸÷¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ ×¸£¸ ‚œ¸›¸¸ƒÄ Š¸ƒÄ ensuring the compliance of the conditions of Corporate Governance. ˆÅ¸Áœ¸¸½Ä£½’ Š¸¨¸›¸½ô¬¸ ˆÅú ©¸÷¸¸½ô ˆ½Å ‚›¸ºœ¸¸¥¸›¸ ‚¸¾£ „¬¸ˆ½Å ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ÷¸˜¸¸ ˆÅ¸¡¸Ä¢¨¸¢š¸ It is neither an audit nor an expression of opinion on the financial ÷¸ˆÅ íŸ¸¸£ú ]¸¸¿\¸ ¬¸ú¢Ÿ¸÷¸ ˜¸ú. ¡¸í ›¸ ÷¸¸½ ¥¸½‰¸¸ œ¸£ú®¸¸ í¾ ÷¸˜¸¸ ›¸ íú ¤¸ÿˆÅ ˆ½Å ¢¨¸î¸ú¡¸ statements of the Bank. ¢¨¸¨¸£µ¸¸Ê œ¸£ íŸ¸¸£½ ‚¢ž¸Ÿ¸÷¸ ˆÅú ‚¢ž¸¨¡¸¢Æ÷¸ í¾. In our opinion and to the best of our information and according to the explanations given to us and the representations made by the íŸ¸¸£ú £¸¡¸ Ÿ¸Ê ‚¸¾£ íŸ¸¸£ú ¬¸¨¸¸½Äî¸Ÿ¸ ]¸¸›¸ˆÅ¸£ú Ÿ¸Ê ‡¨¸¿ íŸ¸Ê ¢™¡¸½ Š¸¡¸½ ¬œ¸«’úˆÅ£µ¸ Directors and Management, we certify that the Bank has complied ‚¸¾£ ¢›¸™½©¸ˆÅ¸Ê ‚¸¾£ œÏ¤¸¿š¸ ÷¸¿°¸ ˆ½Å œÏ¢÷¸¨¸½™›¸ ˆ½Å ‚¸š¸¸£ œ¸£ íŸ¸ œÏŸ¸¸¢µ¸÷¸ ˆÅ£÷¸½ íÿ with the norms of Corporate Governance as stipulated in the SEBI ¢ˆÅ ¬¸½¤¸ú (¢¥¸¦¬’¿Š¸ ‚¢›¸¨¸¸¡¸Ä÷¸¸‡¿ ‚¸¾£ ¢¨¸Š¸¸½œ¸›¸ ‚¸¨¸©¡¸ˆÅ÷¸¸‡¿) ¢¨¸¢›¸¡¸Ÿ¸¸Ê, 2015 (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations)”. (¢¥¸¦¬’¿Š¸ ¢¨¸¢›¸¡¸Ÿ¸) Ÿ¸Ê ¢›¸š¸¸Ä¢£÷¸ ˆÅ¸Áœ¸¸½Ä£½’ Š¸¨¸›¸½ô¬¸ ˆ½Å Ÿ¸¸›¸™¿”¸Ê ˆÅ¸ ¤¸ÿˆÅ ›¸½ ‚›¸ºœ¸¸¥¸›¸ ¢ˆÅ¡¸¸ í¾. We further state that such compliance is neither an assurance to the future viability of the Bank nor the efficiency or effectiveness with íŸ¸¸£¸ ¡¸í ž¸ú ˆÅ˜¸›¸ í¾ ¢ˆÅ ƒ¬¸ ÷¸£í ˆÅ¸ ‚›¸ºœ¸¸¥¸›¸ ›¸ ÷¸¸½ ¤¸ÿˆÅ ˆÅú ž¸¢¨¸«¡¸ ˆÅú which the management has conducted the affairs of the Bank. ¨¡¸¨¸í¸¡¸Ä÷¸¸ ˆÅ¸ ›¸ íú œÏ¤¸¿š¸›¸ ×¸£¸ ¤¸ÿˆÅ ˆ½Å ˆÅ¸¡¸ÄˆÅ¥¸¸œ¸¸Ê ˆÅú ˆÅ¸¡¸Ä®¸Ÿ¸÷¸¸ ¡¸¸ „¬¸ˆ½Å œÏž¸¸¨¸ú í¸½›¸½ ˆÅ¸ ž¸¸¨¸ú ‚¸æ¸¸¬¸›¸ í¾.

¬¸ú‡ ƒ¿Í œ¸¸¥¸ ¢¬¸¿í ¬¸ú‡ ‚¸›¸¿™ ¬¸º¥¸¸‰¸½ ¬¸ú‡ Ÿ¸›¸¬¨¸ú ˆÅ¸½“¸£ú ¬¸ú‡ Ÿ¸í½æ¸£ ‡Ÿ¸. Ÿ¸£¸“½ ž¸¸Š¸ú™¸£ ž¸¸Š¸ú™¸£ ž¸¸Š¸ú™¸£ ž¸¸Š¸ú™¸£ ¬¸™¬¡¸÷¸¸ ÇÅ.: 410433 ¬¸™¬¡¸÷¸¸ ÇÅ.: 33451 ¬¸™¬¡¸÷¸¸ ÇÅ.: 64601 ¬¸™¬¡¸÷¸¸ ÇÅ.: 212175 CA Indra Pal Singh CA Anand Sulakhe CA Manaswy Kothari CA Maheshwar M Marathe Parther Parther Parther Parther Membership No. 410433 Membership No. 33451 Membership No. 64601 Membership No. 212175 mLeeve : HegCes Place : Pune efoveebkeÀ : 4 ceF&, 2017 Date : 4th May, 2017

53 Annual Report 2016-17

31 cee®e& 2017 keÀer eqmLeefle kesÀ Devegmeej leguevehe$e BALANCE SHEET AS ON 31ST MARCH, 2017 (` npeej ceW) ( ` in thousands)

Devegmet®eer 31 cee®e& 2017 keÀer efmLeefle 31 cee®e& 2016 keÀer efmLeefle Schedule kesÀ Devegmeej (®eeuet Je

”¸Á. ‚\¸Ä›¸¸ ‚¸£. š¸¸½¥¸¢ˆÅ¡¸¸ ‚¸£. ÷¸¸Ÿ¸¸½š¸£µ¸ œ¸ú. ‡. ¬¸½“ú ™ú›¸™¡¸¸¥¸ ‚ŠÏ¨¸¸¥¸ ]¸ú. ªúˆºÅŸ¸¸£ ¢›¸™½©¸ˆÅ ¢›¸™½©¸ˆÅ ¢›¸™½©¸ˆÅ ¢›¸™½©¸ˆÅ ¢›¸™½©¸ˆÅ Dr. ARCHANA R. DHOLAKIA R. THAMODHARAN P. A. SETHI DEENDAYAL AGRAWAL G. SREEKUMAR Director Director Director Director Director

‚÷¸ú©¸ ¢¬¸¿í œÏ™úœ¸ ¢Ÿ¸ª¸ ¬¸¿]¸¡¸ ³ÅÍ ‚¸£. ‡\¸. ûÅ”µ¸ú¬¸ ¢›¸™½©¸ˆÅ ¬¸í¸¡¸ˆÅ Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¢¨¸. œÏ. ¨¸ ¥¸½‰¸¸ „œ¸ Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¢¨¸. œÏ. ¨¸ ¥¸½‰¸¸ Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¢¨¸.œÏ. ¨¸ ¥¸½‰¸¸ ATEESH SINGH PRADEEP MISHRA SANJAY RUDRA R. H. PHADNIS Director Asst.Gen. Manager, FM&A Dy. Gen. Manager, FM&A Gen. Manager, FM&A mLeeve : HegCes Place : Pune efoveebkeÀ : 4 ceF&, 2017 Date : 4th May, 2017 “‚›¸ºŸ¸÷¡¸ ‚›¸ºœ¸¢¬˜¸¢÷¸ ˆ½Å ˆÅ¸£µ¸ ªú ‚÷¸ú©¸ ¢¬¸¿í ‚¸¾£ ]¸ú. ªúˆºÅŸ¸¸£, (¢›¸™½©¸ˆÅ¸½¿) ›¸½ í¬÷¸¸®¸£ ›¸íì ¢ˆÅ‡.” “Shri Ateesh Singh and Shri G. Sreekumar, (Directors) did not sign since, they were granted leave of absence.”

54 Jeeef

31 cee®e& 2017 keÀes meceehle Je

Devegmet®eer 31 cee®e& 2017 keÀes 31 cee®e& 2016 keÀes meceeHle Schedule meceeHle Je

nceejer meceefoveebefkeÀle mebueive efjheesì& kesÀ Devegmeej As per our report of even date attached. ke=Àles heejKe Sb[ kebÀheveer ˆ¼Å÷¸½ ‡.‚¸£. ¬¸º¥¸¸‰¸½ ‡¿” ˆ¿Åœ¸›¸ú ˆ¼Å÷¸½ ˆÅ¸½“¸£ú ‡¿” ˆ¿Åœ¸›¸ú ˆ¼Å÷¸½ ¬¸ú‡Ÿ¸‚¸£‡¬¸ ‡¿” SHeÀDeejSve: 001475meer SHeÀDeejSve: 110540 ”¤¥¡¸» ‡ûÅ‚¸£‡›¸ - 301178 ƒÄ meveoer uesKeekeÀej ‡¬¸¸½¢¬¸‡’Ã¬¸, ‡¥¸‡¥¸œ¸ú meveoer uesKeekeÀej ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ ‡ûÅ‚¸£‡›¸: 101678 ”¤¥¡¸»/”¤¥¡¸» 100068 for Parakh & Co. for A.R. Sulakhe & Co. FRN: 001475C for KOTHARI & Co ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ FRN: 110540W FRN - 301178E Chartered Accountants Chartered Accountants for CMRS & Associates,LLP Chartered Accountants FRN: 101678 W/ W100068 Chartered Accountants

55 Annual Report 2016-17

SCHEDULE 17 – SIGNIFICANT ACCOUNTING POLICIES ‚›¸»¬¸»\¸ú 17 - Ÿ¸í÷¨¸œ¸»µ¸Ä ¥¸½‰¸¸ ›¸ú¢÷¸¡¸¸¿ 1. Accounting Conventions: 1. ¥¸½‰¸¸ œÏ˜¸¸‡¿ 1.1 The financial statements are prepared under the historical 1.1 ‡½¬¸½ ¬˜¸¸›¸¸Ê ˆÅ¸½ Ž¸½”õˆÅ£ ]¸í¸¿ ‚›¡¸˜¸¸ „¥¥¸½‰¸ í¸½, ¬¸¿¥¸Š›¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸ œ¸»¨¸Ä ¥¸¸Š¸÷¸ cost conventions except as otherwise stated and conform to œÏ˜¸¸‚¸Ê ˆ½Å ‚›¸º¬¸¸£ ÷¸¾¡¸¸£ ¢ˆÅ‡ Š¸‡ íÿ ‚¸¾£ ¡¸í ¬¸¸Ÿ¸¸›¡¸÷¸À ¬¨¸úˆÅ¸¡¸Ä ¥¸½‰¸¸ ¢¬¸Ö¸›÷¸¸Ê the Generally Accepted Accounting Principles (GAAP) which (]¸ú‡‡œ¸ú) ¢]¸¬¸Ÿ¸Ê ¬¸¸¿¢¨¸¢š¸ˆÅ œÏ¸¨¸š¸¸›¸¸Ê ‚¸¾£ ž¸¸£÷¸ Ÿ¸Ê ¤¸ÿ¢ˆ¿ÅŠ¸ „Ô¸¸½Š¸ Ÿ¸Ê œÏ\¸¢¥¸÷¸ include statutory provisions, practices prevailing within the œÏ˜¸¸‚¸Ê, ¢¨¸¢›¸¡¸¸Ÿ¸ˆÅ/ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ (‚¸£¤¸ú‚¸ƒÄ) ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê, ž¸¸£÷¸ú¡¸ Banking Industry in India , the regulatory / Reserve Bank ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ ¬¸¿¬˜¸¸›¸ (‚¸ƒÄ¬¸ú‡‚¸ƒÄ) ×¸£¸ ]¸¸£ú ¥¸¸Š¸» ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ¸Ê/¢™©¸¸¢›¸™½Ä©¸ of India (“RBI”) guidelines, applicable Accounting Standards ¢’œœ¸¢µ¸¡¸¸Ê ˆÅ¸ ¬¸Ÿ¸¸¨¸½©¸ í¾. / Guidance Notes issued by the Institute of Chartered Accountants of India (ICAI). 1.2 ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆÅ¸½ ÷¸¾¡¸¸£ ˆÅ£›¸½ Ÿ¸Ê œÏ¤¸¿š¸›¸ ˆÅ¸½ ¡¸í ‚œ¸½¢®¸÷¸ í¾ ¢ˆÅ ¢£œ¸¸½’¸Äš¸ú›¸ ‚¨¸¢š¸ 1.2 The preparation of financial statements requires the í½÷¸º ‚¸¡¸ ‚¸¾£ ¨¡¸¡¸ ˆÅú ¢£œ¸¸½’Ä ÷¸˜¸¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆ½Å ¢™›¸¸¿ˆÅ ˆÅ¸½ ‚¸¦¬÷¸ ‚¸¾£ management to make estimates and assumptions ™½¡¸÷¸¸‡¿ (‚¸ˆÅ¦¬Ÿ¸ˆÅ ™¸¢¡¸÷¨¸ ¬¸¢í÷¸) ˆÅú ¢£œ¸¸½’Ä ˆÅú Š¸ƒÄ £¸¢©¸ Ÿ¸Ê œÏ¸ÆˆÅ¥¸›¸ ‚¸¾£ considered in the reported amount of Assets and Liabilities š¸¸£µ¸¸‚¸Ê œ¸£ ¢¨¸\¸¸£ ¢ˆÅ¡¸¸ ]¸¸‡. œÏ¤¸¿š¸›¸ ˆÅ¸ ¡¸í ¢¨¸\¸¸£ í¾ ¢ˆÅ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆÅ¸½ (including contingent liabilities) as of the date of financial ÷¸¾¡¸¸£ ˆÅ£›¸½ Ÿ¸Ê œÏ¡¸ºÆ÷¸ œÏ¸ÆˆÅ¥¸›¸ ¢¨¸¨¸½ˆÅœ¸»µ¸Ä ‚¸¾£ ÷¸ˆÄÅ¬¸¿Š¸÷¸ íÿ. statements and reported income and expenses for the period under report. Management is of the view that the 1.3 ‡½¬¸½ ¬˜¸¸›¸¸Ê ˆÅ¸½ Ž¸½”õˆÅ£ ¢]¸›¸ˆÅ¸ „¥¥¸½‰¸ ›¸ú\¸½ œ¸¢£\Ž½™ 6.1 Ÿ¸Ê ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾, £¸]¸¬¨¸ estimates used in the preparation of financial statements ‚¸¾£ ¥¸¸Š¸÷¸ ˆÅ¸½ „œ¸\¸¡¸ ‚¸š¸¸£ œ¸£ ¥¸½‰¸¸¤¸š™ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. are prudent and reasonable. 1.4 £¸]¸¬¨¸ ‚¢ž¸¢›¸š¸¸Ä£µ¸, ¢›¸¨¸½©¸¸Ê ¨¸ ‚¢ŠÏŸ¸¸Ê ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ¥¸½‰¸¸ ›¸ú¢÷¸¡¸¸¿ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä 1.3 Revenue and costs are accounted for on accrual basis ¤¸ÿˆÅ ×¸£¸ ¬¸Ÿ¸¡¸-¬¸Ÿ¸¡¸ œ¸£ ¢›¸š¸¸Ä¢£÷¸ ¢¨¸¨¸½ˆÅœ¸»µ¸Ä ¥¸½‰¸¸ Ÿ¸¸›¸™¿”¸Ê ‚¸¾£ ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å except as stated in para 6.1 below. ‚›¸º¬¸¸£ í¾. 1.4 The accounting policies with regard to Revenue 2. ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¬¸¿¨¡¸¨¸í¸£À Recognition, Investments and Advances are in conformity with the prudential accounting norms and guidelines issued 2.1 ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¬¸¿¨¡¸¨¸í¸£¸Ê ˆÅ¸ ¢›¸š¸¸Ä£µ¸ ž¸¸£÷¸ú¡¸ ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¨¡¸¸œ¸¸£ú ¬¸¿‹¸ (û½Å”¸ƒÄ) by Reserve Bank of India from time to time. ×¸£¸ œ¸»¨¸Ä¨¸÷¸úÄ ¬¸œ÷¸¸í ˆ½Å ¢¥¸‡ œÏˆÅ¸¢©¸÷¸ ¬¸¸œ÷¸¸¢íˆÅ ‚¸¾¬¸÷¸ ‚¦›÷¸Ÿ¸ ™£¸Ê œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ÷¸º¥¸›¸œ¸°¸ ˆ½Å ¢™›¸¸¿ˆÅ ˆÅ¸½ ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ‚¸¦¬÷¸¡¸¸Ê ¨¸ ™½¡¸÷¸¸‚¸Ê ˆÅ¸ œ¸º›¸Ÿ¸»Ä¥¡¸›¸ 2. Foreign Exchange Transactions: ž¸¸£÷¸ú¡¸ ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¨¡¸¸œ¸¸£ú ¬¸¿‹¸ (û½Å”¸ƒÄ) ×¸£¸ œÏˆÅ¸¢©¸÷¸ ‚¿¢÷¸Ÿ¸ ¢¨¸¢›¸Ÿ¸¡¸ ™£¸Ê œ¸£ 2.1 The foreign currency transactions are translated at the ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ‚¸¾£ „¬¸ˆ½Å œ¸¢£µ¸¸Ÿ¸¬¨¸³Åœ¸ í¸½›¸½ ¨¸¸¥¸½ ¥¸¸ž¸ / í¸¢›¸ ˆÅ¸ ¥¸½‰¸¸¿ˆÅ›¸ ¥¸¸ž¸ ¨¸ weekly average closing rates for the preceding week as í¸¢›¸ ‰¸¸÷¸½ Ÿ¸Ê ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. published by Foreign Exchange Dealers’ Association of India (FEDAI). Revaluation of foreign currency assets and 2.2 ¤¸ˆÅ¸¡¸¸ ¨¸¸¡¸™¸ ¢¨¸™½©¸ú ¢¨¸¢›¸Ÿ¸¡¸ ˆÅ£¸£ ‚›¸º¤¸¿¢š¸÷¸ ™£¸Ê œ¸£ ™©¸¸Ä‡ Š¸‡ íÿ ÷¸˜¸¸ ¢÷¸Ÿ¸¸íú liabilities as on Balance Sheet date is done at the closing ‚¸š¸¸£ œ¸£ ‚¸¾£ ÷¸º¥¸›¸œ¸°¸ ¢™›¸¸¿ˆÅ ˆÅ¸½ ž¸¸£÷¸ú¡¸ ¢›¸š¸¸Ä¢£÷¸ ‚¸¡¸ Ÿ¸ºÍ¸ ¤¸¸{¸¸£ ‚¸¾£ exchange rate published by FEDAI and the resultant profit / ¨¡¸º÷œ¸››¸ ¬¸¿‹¸ (¢ûÅŸ”¸) - £¡¸»’£ ×¸£¸ œÏˆÅ¸¢©¸÷¸ ¥¸¸Š¸» ‡Ÿ¸‚¸ƒÄ‡ûÅ‚¸½‚¸£ ™£¸Ê loss is accounted for in the Profit & Loss Account. ‚˜¸¸Ä÷¸ œ¸ú¨¸ú01 ‚¸š¸¸£ œ¸£ ˆÅ’¸¾÷¸ú ˆÅú Š¸ƒÄ ‚¸¾£ û½Å”¸ƒÄ ×¸£¸ ¢¨¸¢›¸¢™Ä«’ œ¸¢£œ¸Æ¨¸÷¸¸ 2.2 Outstanding Forward Foreign Exchange Contracts are ‚¨¸¢š¸¡¸¸Ê ˆ½Å ¢¥¸‡ œÏˆÅ¸¢©¸÷¸ ¢¨¸¢›¸Ÿ¸¡¸ ™£¸Ê œ¸£ œ¸º›¸Ÿ¸»Ä¦¥¡¸÷¸/¤¸¸]¸¸£ ˆÅ¸½ ‚¿¢ˆÅ÷¸ ˆÅú Š¸ƒÄ. stated at contracted rates and revalued / marked to market œ¸º›¸Ÿ¸»Ä¥¡¸¸¿ˆÅ›¸ ˆ½Å œ¸¢£µ¸¸Ÿ¸¬¨¸³Åœ¸ í¸½›¸½ ¨¸¸¥¸½ ¥¸¸ž¸ / í¸¢›¸ ˆÅ¸½ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ / as on quarterly basis and on Balance Sheet date at the û½Å”¸ƒÄ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¥¸¸ž¸ ¨¸ í¸¢›¸ ‰¸¸÷¸½ Ÿ¸Ê ™©¸¸Ä¡¸¸ Š¸¡¸¸ í¾ ‚¸¾£ ƒ¬¸ˆ½Å exchange rates published by FEDAI for specified maturities œÏž¸¸¨¸ ˆÅ¸½ ¥¸¸ž¸ ˆÅú ™©¸¸ Ÿ¸Ê `‚›¡¸ ‚¸¦¬÷¸¡¸¸¿' ‚¸¾£ í¸¢›¸ ˆÅú ™©¸¸ Ÿ¸Ê `‚›¡¸ ™½¡¸÷¸¸‚¸Ê' by discounting the same at the applicable MIFOR rate Ÿ¸Ê œÏž¸¸¢£÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. published by Fixed Income Money Market and Derivatives Association of India [FIMMDA] - Reuter, i.e. on PV01 basis. 2.3 ¢¨¸™½©¸ú Ÿ¸ºÍ¸ Ÿ¸Ê ]¸¸£ú Š¸¸£¿¢’¡¸¸Ê ¨¸ ¬¸¸‰¸-œ¸°¸¸Ê ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ‚¸ˆÅ¦¬Ÿ¸ˆÅ ™½¡¸÷¸¸‚¸Ê ˆÅ¸½ The resulting profit / loss, on revaluation, is recognized in û½Å”¸ƒÄ ×¸£¸ „œ¸¥¸¤š¸ ˆÅ£¸ƒÄ Š¸ƒÄ ‚¿¢÷¸Ÿ¸ ¢¨¸¢›¸Ÿ¸¡¸ ™£¸Ê œ¸£ ÷¸º¥¸›¸œ¸°¸ Ÿ¸Ê ™©¸¸Ä¡¸¸ Š¸¡¸¸ í¾. the Profit & Loss Account in accordance with RBI / FEDAI 2.4 ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ‹¸’ˆÅ¸Ê ˆ½Å Š¸¾£-£¢®¸÷¸ ¢¨¸™½©¸ú Ÿ¸ºÍ¸ guidelines and the effect is taken to “Other Assets” in case of gain or to “Other Liabilities” in case of loss. †µ¸ ¢¨¸Š¸¸½œ¸›¸ ¡¸¢™ ˆÅ¸½ƒÄ í¾ œ¸£ œÏ¸¨¸š¸¸›¸ ‚¸¾£ œ¸»¿]¸ú ‚¸¨¸©¡¸ˆÅ÷¸¸‡¿ ¥¸¸Š¸» í¸½÷¸ú íÿ. 2.3 Contingent Liabilities on account of Guarantees and Letters 3. ¢›¸¨¸½©¸À of Credit issued in foreign currency are stated in the Balance ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¢›¸¨¸½©¸¸Ê ˆÅ¸ ¨¸Š¸úÄˆÅ£µ¸ ‡¨¸¿ Ÿ¸»¥¡¸›¸ Sheet at the closing exchange rates published by FEDAI. ¢›¸Ÿ›¸¸›¸º¬¸¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ À 2.4 Credit exposure of the un-hedged foreign currency 3.1 ¢›¸¨¸½©¸ ¢›¸Ÿ›¸¸¿¢ˆÅ÷¸ ª½¢µ¸¡¸¸Ê Ÿ¸Ê ¨¸Š¸úÄˆ¼Å÷¸ ¢ˆÅ‡ Š¸‡ íÿ. exposure, if any, of the constituents shall attract provisioning and capital requirements as per RBI guidelines. ˆÅ. œ¸¢£œ¸Æ¨¸÷¸¸ ÷¸ˆÅ š¸¸¢£÷¸ (‡\¸’ú‡Ÿ¸) 3. Investments: ‰¸. ¢¤¸ÇÅú ˆ½Å ¢¥¸‡ „œ¸¥¸¤š¸ (‡‡ûÅ‡¬¸) As per Reserve Bank of India guidelines, the investments are Š¸. ¨¡¸¸œ¸¸£ ˆ½Å ¢¥¸‡ š¸¸¢£÷¸ (‡\¸‡ûÅ’ú) classified and valued as under: 3.1 Investments are classified in the following categories: a. Held to Maturity (HTM) b. Available for sale (AFS) c. Held for trading (HFT)

56 Jeeef

3.2 ¬¸ž¸ú œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ ¢›¸Ÿ›¸¸¿¢ˆÅ÷¸ Ží ª½¢µ¸¡¸¸Ê Ÿ¸Ê ¨¸Š¸úÄˆ¼Å÷¸ ˆÅú Š¸ƒÄ íÿÀ 3.2 All the securities are further classified in the following six baskets: ˆÅ. ¬¸£ˆÅ¸£ú œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ a. Government Securities ‰¸. ‚›¡¸ ‚›¸ºŸ¸¸½¢™÷¸ œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ b. Other approved Securities c. Shares Š¸. ©¸½¡¸¬¸Ä d. Debentures and Bonds ‹¸. ¢”¤¸Ê\¸£ ÷¸˜¸¸ ¤¸¸¿” e. Subsidiaries and Joint Ventures f. Others (Commercial Papers, Mutual Fund Units etc.) Œ. ¬¸í¸¡¸ˆÅ ˆ¿Åœ¸¢›¸¡¸¸¿ ÷¸˜¸¸ ¬¸¿¡¸ºÆ÷¸ „Ô¸Ÿ¸ 3.3 Bank decides the category of each investment at the time of \¸. ‚›¡¸ (¨¸¸¢µ¸¦]¡¸ˆÅ œÏœ¸°¸, Ÿ¡¸º\¸º‚¥¸ û¿Å” ¡¸»¢›¸’ ƒ÷¡¸¸¢™) acquisition and classifies the same accordingly. Shifting of securities from one category to another, other than shifting / 3.3 ¤¸ÿˆÅ ‚¢š¸ŠÏíµ¸ ˆ½Å ¬¸Ÿ¸¡¸ œÏ÷¡¸½ˆÅ ¢›¸¨¸½©¸ ˆÅú ª½µ¸ú ÷¸¡¸ ˆÅ£÷¸¸ í¾ ‚¸¾£ „¬¸ˆÅ¸ ¨¸Š¸úÄˆÅ£µ¸ transfer from HFT to AFS category, is done once in a year with ÷¸™›¸º¬¸¸£ ˆÅ£÷¸¸ í¾. ¢›¸™½©¸ˆÅ Ÿ¸µ”¥¸ ˆ½Å ‚›¸ºŸ¸¸½™›¸ ¬¸½ ¨¸«¸Ä Ÿ¸Ê ‡ˆÅ ¤¸¸£ ¨¡¸¸œ¸¸£ í½÷¸º the approval of Board of Directors, at the least of acquisition š¸¸¢£÷¸ ª½µ¸ú (‡\¸’ú‡ûÅ) ¬¸½ ¢¨¸ÇÅ¡¸ í½÷¸º „œ¸¥¸¤š¸ (‡‡ûÅ‡¬¸) ª½µ¸ú Ÿ¸Ê ‚¿÷¸£µ¸ ˆÅ£›¸½ cost / book value / market value on the date of shifting. The ˆ½Å ‚¥¸¸¨¸¸ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸ ‚¿÷¸£µ¸ ‡ˆÅ ª½µ¸ú ¬¸½ ™»¬¸£ú ª½µ¸ú Ÿ¸Ê, ‚¿÷¸£µ¸ ˆ½Å ¢™›¸¸¿ˆÅ depreciation, if any, on such shifting is provided for and the book œ¸£ ¤¸¸]¸¸£ Ÿ¸»¥¡¸ / ¤¸íú Ÿ¸»¥¡¸ / ‚¢š¸ŠÏíµ¸ ¥¸¸Š¸÷¸ Ÿ¸Ê ¬¸½ ›¡¸»›¸÷¸Ÿ¸ œ¸£ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. value of the security is adjusted accordingly. The transfer of ‡½¬¸½ ‚¿÷¸£µ¸ œ¸£ Ÿ¸»¥¡¸Ý¸¬¸, ¡¸¢™ ˆÅ¸½ƒÄ í¾, ˆÅ¸ œÏ¸¨¸š¸¸›¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾ ‚¸¾£ œÏ¢÷¸ž¸»¢÷¸ ˆÅ¸ securities from one category to another is made as per permission ¤¸íúŸ¸»¥¡¸ ÷¸™›¸º¬¸¸£ ¬¸Ÿ¸¸¡¸¸½¢]¸÷¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê from or guidelines of RBI. Transfer / shifting of investments from HFT to AFS category will be executed under exceptional Ÿ¸Ê ¢Ÿ¸¥¸ú ‚›¸ºŸ¸¢÷¸ ˆ½Å ‚›¸º¬¸¸£ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸ ‚¿÷¸£µ¸ ‡ˆÅ ª½µ¸ú ¬¸½ ™»¬¸£ú ª½µ¸ú Ÿ¸Ê circumstances, like not being able to sell the securities within ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. ‚œ¸¨¸¸™¸÷Ÿ¸ˆÅ œ¸¢£¦¬˜¸¢÷¸¡¸¸Ê ]¸¾¬¸½ ¢ˆÅ ÷¸£¥¸÷¸¸ ˆÅú ]¸¢’¥¸ ¦¬˜¸¢÷¸ ˆ½Å 90 days due to tight liquidity conditions, or extreme volatility, or ˆÅ¸£µ¸ 90 ¢™›¸¸Ê Ÿ¸Ê œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸½ ¤¸½\¸›¸½ Ÿ¸Ê ¬¸®¸Ÿ¸ ›¸íú¿ í¸½›¸½ ˆ½Å ˆÅ¸£µ¸ ¡¸¸ Š¸¿ž¸ú£ „÷¸¸£- market becoming unidirectional. \¸[õ¸¨¸ ¡¸¸ ¤¸¸]¸¸£ ˆ½Å ¢™©¸¸íú›¸ í¸½ ]¸¸›¸½ ˆÅú ¦¬˜¸¢÷¸ Ÿ¸Ê íú ¢›¸¨¸½©¸¸Ê ˆÅ¸ ‚¿÷¸£µ¸/œ¸¢£¨¸÷¸Ä›¸ ¨¡¸¸œ¸¸£ í½÷¸º š¸¸¢£÷¸ ª½µ¸ú (‡\¸’ú‡ûÅ) ¬¸½ ¢¨¸ÇÅ¡¸ í½÷¸º „œ¸¥¸¤š¸ (‡‡ûÅ‡¬¸) ª½µ¸ú Ÿ¸Ê 3.4 REPO / Reverse REPO ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. The Bank has adopted the Uniform Accounting Procedure prescribed by the RBI for accounting of market Repo and 3.4 £½œ¸¸½/ ¢£¨¸¬¸Ä £½œ¸¸½ Reverse Repo transactions. Repo and Reverse Repo ¤¸ÿˆÅ ›¸½ Ÿ¸¸ˆ½ÄÅ’ £½œ¸¸½ ‚¸¾£ ¢£¨¸¬¸Ä £½œ¸¸½ ¬¸¿¨¡¸¨¸í¸£¸Ê ˆ½Å ¥¸½‰¸¸¿ˆÅ›¸ ˆ½Å ¢¥¸‡ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä transactions are treated as Collateralized Borrowing / Lending ¤¸ÿˆÅ ×¸£¸ ¢›¸¢™Ä«’ ‡ˆÅ¬¸Ÿ¸¸›¸ ¥¸½‰¸¸¿ˆÅ›¸ œÏ¢ÇÅ¡¸¸ ˆÅ¸½ ‚œ¸›¸¸¡¸¸ í¾. £½œ¸¸½ ‚¸¾£ ¢£¨¸¬¸Ä Operations with an agreement to repurchase on the agreed terms. Securities sold under Repo are continued to be shown £½œ¸¸½ ¬¸¿¨¡¸¨¸í¸£¸Ê ˆÅ¸½ ¬¸íŸ¸÷¸ ©¸÷¸¸½ô œ¸£ œ¸º›¸‰¸Ä£ú™ú ˆÅ£¸£ ˆ½Å ¬¸¸˜¸ ¬¸í¸¡¸ˆÅ „š¸¸£ú / under investment and Securities purchased under Reverse „š¸¸£ú œ¸¢£\¸¸¥¸›¸¸Ê ˆ½Å ³Åœ¸ Ÿ¸Ê Ÿ¸¸›¸¸ Š¸¡¸¸ í¾. £½œ¸¸½ ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¤¸½\¸ú Š¸ƒÄ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸½ Repo are not included in investment. Outstanding Repo / Term ¢›¸¨¸½©¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ ™©¸¸Ä›¸¸ ]¸¸£ú £‰¸¸ Š¸¡¸¸ í¾ ‚¸¾£ ¢£¨¸¬¸Ä £½œ¸¸½ ˆ½Å ‚¿÷¸Š¸Ä÷¸ ‰¸£ú™ú Š¸ƒÄ Repo is disclosed as borrowing and outstanding Reverse Repo œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸½ ¢›¸¨¸½©¸ Ÿ¸Ê ©¸¸¢Ÿ¸¥¸ ›¸íú¿ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ¤¸ˆÅ¸¡¸¸ £½œ¸¸½/’Ÿ¸Ä £½œ¸¸½ ˆÅ¸½ „š¸¸£ú is disclosed as lending. Costs and revenues are accounted for ˆ½Å ³Åœ¸ Ÿ¸Ê ™©¸¸Ä¡¸¸ Š¸¡¸¸ í¾ ‚¸¾£ ¤¸ˆÅ¸¡¸¸ ¢£¨¸¬¸Ä £½œ¸¸½ ˆÅ¸½ †µ¸™¸›¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ™©¸¸Ä¡¸¸ Š¸¡¸¸ as interest expenditure / income, as the case may be. í¾. ¥¸¸Š¸÷¸ ‚¸¾£ £¸]¸¬¨¸ ˆÅ¸ ¥¸½‰¸¸¿ˆÅ›¸ ¡¸˜¸¸œÏ¬¸¿Š¸ ¤¡¸¸]¸ ¨¡¸¡¸/‚¸¡¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢ˆÅ¡¸¸ 3.5 Valuation of investments: Š¸¡¸¸ í¾. a. Held to Maturity: 3.5 ¢›¸¨¸½©¸¸Ê ˆÅ¸ Ÿ¸»¥¡¸›¸ À (i) Securities under the category ‘Held to Maturity’ are valued at ˆÅ. œ¸¢£œ¸Æ¨¸÷¸¸ ÷¸ˆÅ š¸¸¢£÷¸ average cost. Wherever the cost of security is higher than the i) `œ¸¢£œ¸Æ¨¸÷¸¸ ÷¸ˆÅ š¸¸¢£÷¸' œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸ Ÿ¸»¥¡¸›¸ ‚¸¾¬¸÷¸ ¥¸¸Š¸÷¸ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. face value, the premium is amortized over the remaining period of maturity on straight line basis. In case of investments, where ]¸¤¸ ˆÅž¸ú œÏ¢÷¸ž¸»¢÷¸ ˆÅú ¥¸¸Š¸÷¸ ‚¿¢ˆÅ÷¸ Ÿ¸»¥¡¸ ¬¸½ ‚¢š¸ˆÅ í¸½÷¸ú í¾ ÷¸¸½ œÏú¢Ÿ¸¡¸Ÿ¸ ˆÅ¸ the cost price is less than the face value, the difference is œ¸¢£©¸¸½š¸›¸ œ¸¢£œ¸Æ¨¸÷¸¸ ˆÅú ©¸½«¸ ‚¨¸¢š¸ Ÿ¸Ê ¬¸£¥¸ £½‰¸¸ œ¸Ö¢÷¸ ˆ½Å ‚¸š¸¸£ œ¸£ ¢ˆÅ¡¸¸ ignored. ]¸¸÷¸¸ í¾. ¢›¸¨¸½©¸ ˆÅú ™©¸¸ Ÿ¸Ê ]¸¤¸ ž¸ú ¥¸¸Š¸÷¸ Ÿ¸»¥¡¸ ‚¿¢ˆÅ÷¸ Ÿ¸»¥¡¸ ¬¸½ ˆÅŸ¸ í¸½÷¸¸ í¾ ÷¸¸½ ‚¿÷¸£ œ¸£ š¡¸¸›¸ ›¸íú¿ ¢™¡¸¸ ]¸¸÷¸¸. (ii) In case of investments in subsidiaries and joint ventures permanent diminution in value is recognized and provided for; ii) ¬¸í¸¡¸ˆÅ ˆ¿Åœ¸¢›¸¡¸¸Ê ‚¸¾£ ¬¸¿¡¸ºÆ÷¸ „Ô¸Ÿ¸¸Ê Ÿ¸Ê ¢ˆÅ‡ Š¸‡ ¢›¸¨¸½©¸ ˆ½Å Ÿ¸¸Ÿ¸¥¸½ Ÿ¸Ê ¢›¸¨¸½©¸ Ÿ¸»¥¡¸ Ÿ¸Ê investment in RRB is valued at carrying cost. ‚¸ƒÄ ¬˜¸¸¡¸ú ˆÅŸ¸ú ˆÅ¸ ‚¢ž¸¢›¸š¸¸Ä£µ¸ œ¸£ „¬¸ˆÅ¸ œÏ¸¨¸š¸¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ®¸½°¸ú¡¸ ŠÏ¸Ÿ¸úµ¸ ¤¸ÿˆÅ¸Ê ˆ½Å ¢›¸¨¸½©¸ ˆÅ¸ Ÿ¸»¥¡¸›¸ £‰¸¸¨¸ ¥¸¸Š¸÷¸ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. (iii) On sale of investments in this category (a) the net profit is initially taken to profit and loss account and thereafter such profit net of iii) ƒ¬¸ ª½µ¸ú Ÿ¸Ê ¢›¸¨¸½©¸ ˆ½Å ¢¨¸ÇÅ¡¸ œ¸£ (ˆÅ) ¢›¸¨¸¥¸ ¥¸¸ž¸ ˆÅ¸½ œ¸í¥¸½ ¥¸¸ž¸ í¸¢›¸ ‰¸¸÷¸½ Ÿ¸Ê applicable taxes and proportionate transfer to statutory reserve ¥¸½‰¸¸¤¸š™ ¢ˆÅ¡¸¸ Š¸¡¸¸ ‚¸¾£ „¬¸ˆ½Å ¤¸¸™ ¥¸¸Š¸» ˆÅ£¸Ê ÷¸˜¸¸ ¬¸¿¢¨¸¢š¸ˆÅ ¢›¸¢š¸¡¸¸Ê ¬¸½ ¢›¸¨¸¥¸ is appropriated to the ‘Capital Reserve account’; and (b) the net ¥¸¸ž¸ ˆÅ¸½ `œ¸»¿]¸ú ‚¸£¢®¸¢÷¸ ‰¸¸÷¸½' Ÿ¸Ê ¢›¸¨¸½©¸ ¢ˆÅ¡¸¸ ‚¸¾£ (‰¸) ¢›¸¨¸¥¸ í¸¢›¸ ˆÅ¸½ ¥¸¸ž¸ ¨¸ loss is charged to the Profit & Loss Account. í¸¢›¸ ‰¸¸÷¸½ Ÿ¸Ê œÏž¸¸¢£÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. b. Available for Sale: ‰¸. ¢¤ÏÇÅú í½÷¸º „œ¸¥¸¤š¸ À The individual securities under this category are marked to market on a quarterly basis. Central / State Government ƒ¬¸ ª½µ¸ú ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¨¸¾¡¸¢Æ÷¸ˆÅ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸½ ¢÷¸Ÿ¸¸íú ‚¸š¸¸£ œ¸£ ¤¸¸]¸¸£ ˆÅ¸½ ‚¿¢ˆÅ÷¸ securities are valued at market rates declared by FIMMDA. Other ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ˆÊÅÍ/ £¸]¡¸ ¬¸£ˆÅ¸£ ˆÅú œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸ Ÿ¸»¥¡¸›¸ ¢ûÅŸ”¸ ×¸£¸ ‹¸¸½¢«¸÷¸ approved securities, debentures and bonds are valued as per ¤¸¸]¸¸£ Ÿ¸»¥¡¸ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸. ‚›¡¸ ‚›¸ºŸ¸¸½¢™÷¸ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê, †µ¸ œ¸°¸¸Ê ‚¸¾£ ¤¸¸Á›”¸Ê ˆÅ¸ the yield curve, average credit spread rating and methodology Ÿ¸»¥¡¸›¸ ¥¸¸ž¸ ˆÅ¨¸Ä, ‚¸¾¬¸÷¸ †µ¸ ‚¿÷¸£ £½¢’¿Š¸ ‚¸¾£ ¢ûÅŸ”¸ ×¸£¸ ¬¸º^¸¸¡¸ú Š¸ƒÄ œ¸Ö¢÷¸ suggested by FIMMDA. Quoted shares are valued at market ˆ½Å ‚›¸º¬¸¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ˆÅ¸½’ ¢ˆÅ‡ Š¸‡ ©¸½¡¸£¸Ê ˆÅ¸ Ÿ¸»¥¡¸›¸ ¤¸¸]¸¸£ ™£¸Ê œ¸£ ¢ˆÅ¡¸¸ rates. Unquoted shares are valued at book value ascertained Š¸¡¸¸. ˆÅ¸½’ ›¸ ¢ˆÅ‡ Š¸‡ ©¸½¡¸£¸Ê ˆÅ¸ Ÿ¸»¥¡¸›¸ „œ¸¥¸¤š¸ ›¸¨¸ú›¸÷¸Ÿ¸ ÷¸º¥¸›¸œ¸°¸ ‚˜¸¸Ä÷¸ ‡ˆÅ™Ÿ¸ from the latest available Balance Sheet i.e. Balance Sheet of ¢œ¸Ž¥¸½ ¨¸«¸Ä ˆÅú ÷¸º¥¸›¸œ¸°¸ Ÿ¸Ê ‚¿¢ˆÅ÷¸ ¤¸íúŸ¸»¥¡¸ ˆ½Å ‚›¸º¬¸¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ‚¸¾£ ¡¸¢™ immediate preceding year and in case the latest Balance Sheet ›¸¨¸ú›¸÷¸Ÿ¸ ÷¸º¥¸›¸œ¸°¸ „œ¸¥¸¤š¸ ›¸íú¿ í¾ ÷¸¸½ ƒ¬¸ˆÅ¸ Ÿ¸»¥¡¸›¸ ²Å.1/- œÏ¢÷¸ ˆ¿Åœ¸›¸ú/¦¬ÇÅœ¸ œ¸£ is not available, the same is valued at Re.1/- per company / ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. scrip.

57 Annual Report 2016-17

¤¸’Ã’¸ˆ¼Å÷¸ ¢¥¸‰¸÷¸¸Ê Ÿ¸Ê ¢›¸¨¸½©¸ ‚˜¸¸Ä÷¸ ‰¸]¸¸›¸¸ ¢¤¸¥¸, ]¸Ÿ¸¸ ˆÅ¸ œÏŸ¸¸µ¸œ¸°¸ ‚¸¾£ ¨¸¸¢µ¸¦]¡¸ˆÅ Investments in discounted instruments, viz. Treasury Bills, œÏœ¸°¸, ]¸ú£¸½ ˆ»Åœ¸›¸ ¤¸¸Á›” ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ £‰¸¸¨¸ ¥¸¸Š¸÷¸ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. Ÿ¡¸º\¸º‚¥¸ û¿Å” Certificate of Deposits, Commercial Papers, Zero Coupon ¢¥¸‰¸÷¸¸Ê ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ „›¸ˆÅú „œ¸¥¸¤š¸÷¸÷¸¸ ˆ½Å ‚¸š¸¸£ œ¸£ ¤¸¸]¸¸£ ™£¸Ê ¡¸¸ œ¸º›¸‰¸Ä£ú™ú Bonds are valued at carrying cost. Mutual Fund Instruments Ÿ¸»¥¡¸ ¡¸¸ ¢›¸¨¸¥¸ ‚¸¦¬÷¸ Ÿ¸»¥¡¸ ˆ½Å ‚¸š¸¸£ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ‚¸¦¬÷¸ œ¸º›¸¢›¸ÄŸ¸¸µ¸ ˆ¿Åœ¸¢›¸¡¸¸Ê are valued at market rate or repurchase price or net (‡‚¸£¬¸ú) ˆÅ¸½ ¤¸½\¸ú Š¸ƒÄ ¢¨¸î¸ú¡¸ ‚¸¦¬÷¸¡¸¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ‚¸¦¬÷¸ œ¸º›¸¢›¸ÄŸ¸¸µ¸ ˆ¿Åœ¸¢›¸¡¸¸Ê asset value in that order depending on their availability. ×¸£¸ ]¸¸£ú œ¸¸¬¸ ˜Ï» ¬¸¢’Ä¢ûÅˆ½Å’ (œ¸ú’ú¬¸ú) /œÏ¢÷¸ž¸»¢÷¸ £¬¸ú™ (‡¬¸‚¸£) Ÿ¸Ê ¢›¸¨¸½©¸ Investments in Security Receipts (SRs) / Pass Through ˆÅ¸½ ¢¨¸î¸ú¡¸ ‚¸¦¬÷¸ ˆ½Å œÏ¢÷¸™¸›¸ Ÿ¸»¥¡¸ ‚¸¾£ ¢›¸¨¸¥¸ ¤¸íúŸ¸»¥¡¸ (‚˜¸¸Ä÷¸ ¤¸¢íŸ¸»¥¡¸ (-) Certificates (PTCs) issued by Asset Reconstruction Companies(ARCs) in respect of financial assets sold to š¸¸¢£÷¸ œÏ¸¨¸š¸¸›¸) Ÿ¸Ê ¬¸½ ˆÅŸ¸ œ¸£ ‚¸Š¸½ ¥¸¸¡¸¸ Š¸¡¸¸ í¾. ARCs are carried at lower of redemption value and net book "¢¤¸ÇÅú í½÷¸º „œ¸¥¸¤š¸" Ží „œ¸-ª½µ¸ú Ÿ¸Ê ¬¸½ œÏ÷¡¸½ˆÅ ˆ½Å ‚¿÷¸Š¸Ä÷¸ „œ¸¡¸ºÄÆ÷¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ˆ½Å value (i.e. book value less provision held) of the financial ‚¸š¸¸£ œ¸£ À assets. (i) ¡¸¢™ ƒ¬¸ˆÅ¸ œ¸¢£µ¸¸Ÿ¸ ‚¢š¸Ÿ¸»¥¡¸›¸ í¾ ÷¸¸½ ƒ¬¸ œ¸£ š¡¸¸›¸ ›¸íú¿ ¢™¡¸¸ Š¸¡¸¸ í¾. Based on the above valuation under each of six-sub classifications under `Available for Sale’: (ii) ¡¸¢™ ƒ¬¸ˆ½Å ˆÅ¸£µ¸ ¢›¸¨¸¥¸ Ÿ¸»¥¡¸Ý¸¬¸ í¸½÷¸¸ í¾ ÷¸¸½ „¬¸½ ¥¸¸ž¸-í¸¢›¸ ‰¸¸÷¸½ ˆÅ¸½ œÏž¸¸¢£÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ‚¸¾£ ™½¡¸÷¸¸ œ¸®¸ Ÿ¸Ê ¢›¸¨¸½©¸ (¢¨¸ÇÅ¡¸ í½÷¸º „œ¸¥¸¤š¸) œ¸£ (i) If it results in appreciation, the same is ignored. Ÿ¸»¥¡¸Ý¸¬¸ í½÷¸º œÏ¸¨¸š¸¸›¸ Ÿ¸Ê ]¸Ÿ¸¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. (ii) If it results in net depreciation, the same is charged to Profit & Loss account and credited to Provision for ¤¸©¸÷¸½Ä ¢ˆÅ £µ¸›¸ú¢÷¸ˆÅ ˆÅ]¸Ä œ¸º›¸Š¸Ä“›¸ (‡¬¸”ú‚¸£) ˆ½Å ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ˆ½Å ‚›¸º¨¸÷¸úÄ Depreciation on Investments (AFS) in the liability side. ‚¸¤¸¿¢’÷¸ ƒÄ¦Æ¨¸’ú ©¸½¡¸£¸Ê œ¸£ Ÿ¸»¥¡¸Ý¸¬¸, ¡¸¢™ ˆÅ¸½ƒÄ í¾, ƒÄ¦Æ¨¸’ú Ÿ¸Ê ˆÅ]¸Ä ˆ½Å œ¸¢£¨¸÷¸Ä›¸ ˆ½Å ¢™›¸¸¿ˆÅ ¬¸½ ¬’ï½’ ¥¸¸ƒÄ›¸ ‚¸š¸¸£ œ¸£ ‚¢š¸ˆÅ÷¸Ÿ¸ 4 ˆ¾Å¥¸½µ”£ ¢÷¸Ÿ¸¸íú Provided that, depreciation, if any, on equity shares ˆ½Å ¢¥¸‡ œÏ™¸›¸ ¢ˆÅ¡¸¸ ]¸¸‡. allotted consequent to implementation of Strategic Debt Restructuring (SDR) shall be provided for over a (iii)ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ˆÅ¸½ Ž¸½”õˆÅ£ maximum of 4 calendar quarters on straight line basis ¤¸¸]¸¸£ ˆÅ¸½ ‚¿¢ˆÅ÷¸ (‡Ÿ¸’ú‡Ÿ¸) œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆ½Å ¤¸íúŸ¸»¥¡¸ ˆÅ¸½ ›¸íú¿ ¤¸™¥¸¸ Š¸¡¸¸ from the date of conversion of debt into equity. í¾. (iii) The book value of securities is not changed in respect of marked to market (MTM) except as required by the (iv)ƒ¬¸ ¬¸¿¨¸Š¸Ä Ÿ¸Ê ¢›¸¨¸½©¸¸Ê ˆ½Å ¢¨¸ÇÅ¡¸ œ¸£ ¥¸¸ž¸ ¡¸¸ í¸¢›¸ ˆÅ¸ ¥¸½‰¸¸¿ˆÅ›¸ ¥¸¸ž¸-í¸¢›¸ RBI guidelines. ‰¸¸÷¸½ Ÿ¸Ê ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. (iv) Profit or Loss on sale of investment in this category is Š¸. ¨¡¸¸œ¸¸£ í½÷¸º š¸¸¢£÷¸ À accounted for in the Profit and loss account. i. ƒ¬¸ ª½µ¸ú ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¨¸¾¡¸¢Æ÷¸ˆÅ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸½ Ÿ¸»¥¸ ¥¸¸Š¸÷¸ œ¸£ š¸¸¢£÷¸ ¢ˆÅ¡¸¸ c. Held for Trading: Š¸¡¸¸ í¾ ‚¸¾£ œÏ÷¡¸½ˆÅ Ÿ¸¸í ƒ›íÊ ¤¸¸]¸¸£ ˆÅ¸½ ‚¿¢ˆÅ÷¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. £¸]¡¸/ˆ½Å›Í (i) The individual securities under this category are held ¬¸£ˆÅ¸£ ˆ½Å œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸ Ÿ¸»¥¡¸›¸ ž¸¸£÷¸ú¡¸ ¦¬˜¸£ ‚¸¡¸ Ÿ¸ºÍ¸ ¤¸¸]¸¸£ ‚¸¾£ at original cost and are marked to market every month. ”½¢£¨¸½¢’¨¸ ¬¸¿‹¸ (¢ûÅŸ¸”¸) ×¸£¸ ‹¸¸½¢«¸÷¸ ¤¸¸]¸¸£ ™£¸Ê ˆ½Å ‚›¸º¬¸¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. Central / State Government securities are valued at market ‚›¡¸ ‚›¸ºŸ¸¸½¢™÷¸ œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ ‚¸¾£ ¢”¤¸Ê\¸£ ÷¸˜¸¸ ¤¸¸Á›”¸Ê ˆÅ¸ Ÿ¸»¥¡¸›¸ ‚¸¡¸ ˆÅ¨¸Ä, rates declared by FIMMDA. Other approved securities, ‚¸¾¬¸÷¸ †µ¸ ‚¿÷¸£ £½¢’¿Š¸ ‚¸¾£ ¢ûÅŸ”¸ ×¸£¸ ¬¸º^¸¸¡¸ú Š¸ƒÄ œ¸Ö¢÷¸ ¬¸½ ¢ˆÅ¡¸¸ Š¸¡¸¸ debentures and bonds are valued as per the yield curve, í¾. ˆÅ¸½’ ¢ˆÅ‡ Š¸‡ ©¸½¡¸£¸Ê ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ¤¸¸]¸¸£ ™£ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. average credit spread rating and methodology suggested by FIMMDA. Quoted Shares are valued at market rates. ii. ¤¸’Ã’¸ˆ¼Å÷¸ ¢¥¸‰¸÷¸¸Ê Ÿ¸Ê ¢›¸¨¸½©¸ ‚˜¸¸Ä÷¸ ‰¸]¸¸›¸¸ ¢¤¸¥¸, ]¸Ÿ¸¸ ˆÅ¸ œÏŸ¸¸µ¸œ¸°¸ ‚¸¾£ ¨¸¸¢µ¸¦]¡¸ˆÅ œÏœ¸°¸, ]¸ú£¸½ ˆ»Åœ¸›¸ ¤¸¸Á›” ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ £‰¸¸¨¸ ¥¸¸Š¸÷¸ œ¸£ ¢ˆÅ¡¸¸ (ii) Investments in discounted instruments, viz. Treasury Bills, Certificate of Deposits, Commercial Papers, Zero Š¸¡¸¸ í¾. Ÿ¡¸º\¸º‚¥¸ û¿Å” ¢¥¸‰¸÷¸¸Ê ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ „›¸ˆÅú „œ¸¥¸¤š¸÷¸÷¸¸ ˆ½Å ‚¸š¸¸£ Coupon Bonds are valued at carrying cost. Mutual Fund œ¸£ ¤¸¸]¸¸£ ™£¸Ê ¡¸¸ œ¸º›¸‰¸Ä£ú™ú Ÿ¸»¥¡¸ ¡¸¸ ¢›¸¨¸¥¸ ‚¸¦¬÷¸ Ÿ¸»¥¡¸ ˆ½Å ‚¸š¸¸£ œ¸£ Instruments are valued at market rate or repurchase ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. œÏ¢÷¸ž¸»¢÷¸ £¬¸ú™/œÏ¢÷¸ž¸»¢÷¸ œ¸º›¸¢›¸ÄŸ¸¸Äµ¸ ˆ¿Åœ¸¢›¸¡¸¸Ê ˆÅ¸½ ¤¸½\¸ú Š¸ƒÄ price or net asset value in that order depending on their ¢¨¸î¸ú¡¸ ‚¸¦¬÷¸¡¸¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ‚¸¦¬÷¸ œ¸º›¸¢›¸ÄŸ¸¸Äµ¸ ˆ¿Åœ¸¢›¸¡¸¸Ê ×¸£¸ ]¸¸£ú œ¸ú’ú¬¸ú availability. Investments in SRs /PTCs issued by ARCs in Ÿ¸Ê ¢›¸¨¸½©¸ ˆÅ¸½ ¢¨¸î¸ú¡¸ ‚¸¦¬÷¸ ˆ½Å œÏ¢÷¸™¸›¸ Ÿ¸»¥¡¸ ‚¸¾£ ¢›¸¨¸¥¸ ¤¸íúŸ¸»¥¡¸ (‚˜¸¸Ä÷¸ respect of financial assets sold to ARCs are carried at lower ¤¸¢íŸ¸»¥¡¸ (-) š¸¸¢£÷¸ œÏ¸¨¸š¸¸›¸) Ÿ¸Ê ¬¸½ ˆÅŸ¸ œ¸£ ‚¸Š¸½ ¥¸¸¡¸¸ Š¸¡¸¸ í¾. of redemption value and net book value (i.e. book value less provision held), of the financial assets. iii. ¢›¸¨¸¥¸ ¬¸Ÿ¸»í¨¸¸£ Ÿ¸»¥¡¸Ý¸¬¸, ¡¸¢™ ˆÅ¸½ƒÄ í¾, ˆÅ¸½ ¥¸¸ž¸-í¸¢›¸ ‰¸¸÷¸½ Ÿ¸Ê œÏž¸¸¢£÷¸ (iii) ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ‚¸¾£ ™¸¢¡¸÷¨¸ œ¸®¸ Ÿ¸Ê ¢›¸¨¸½©¸ (¨¡¸¸œ¸¸£ í½÷¸º š¸¸¢£÷¸) œ¸£ Ÿ¸»¥¡¸Ý¸¬¸ Net basket-wise depreciation if any, is charged to Profit & Loss Account and credited to Provision on Depreciation on í½÷¸º œÏ¸¨¸š¸¸›¸ ˆÅ¸½ ]¸Ÿ¸¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ¡¸¢™ ˆÅ¸½ƒÄ ¢›¸¨¸¥¸ ¨¸¼¢Ö íºƒÄ í¾ ÷¸¸½ „¬¸½ Ž¸½”õ Investment (HFT) under liability. Net appreciation, if any is ¢™¡¸¸ Š¸¡¸¸ í¾. ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆÅú ‚œ¸½®¸¸ ˆÅ¸½ Ž¸½”õˆÅ£ ignored. The book value of the securities is not changed œ¸º›¸Ÿ¸»Ä¥¡¸¸¿ˆÅ›¸ ˆ½Å œ¸ä¸¸÷¸ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆ½Å ¤¸íúŸ¸»¥¡¸ ˆÅ¸½ ¤¸™¥¸¸ ›¸íú¿ Š¸¡¸¸ í¾. after revaluation except as required by the RBI guidelines. iv. ƒ¬¸ ª½µ¸ú Ÿ¸Ê ¢›¸¨¸½©¸ ˆ½Å ¢¨¸ÇÅ¡¸ œ¸£ „÷œ¸››¸ ¥¸¸ž¸ ¡¸¸ í¸¢›¸ ˆÅ¸½ ¥¸¸ž¸-í¸¢›¸ ‰¸¸÷¸½ (iv) Profit or loss on sale of investment in this category is Ÿ¸Ê ¥¸½‰¸¸¤¸Ö ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. accounted for in the Profit & Loss Account. d. Classification of and provisions on investments, including on ‹¸. œ¸º›¸Š¸Ä¢“÷¸ ¢›¸¨¸½©¸¸Ê œ¸£ ©¸¸¢Ÿ¸¥¸ ¢›¸¨¸½©¸¸Ê œ¸£ œÏ¸¨¸š¸¸›¸ ‚¸¾£ „›¸ˆÅ¸ ¨¸Š¸úÄˆÅ£µ¸ ¬¸Ÿ¸¡¸- restructured investments, are made in accordance with the ¬¸Ÿ¸¡¸ œ¸£ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ]¸¸£ú ¢™©¸¸¢›¸™½Ä©¸¸Ê ‚¸¾£ „›¸ˆ½Å ×¸£¸ ¢›¸š¸¸Ä¢£÷¸ prudential norms prescribed by and guidelines of RBI from time ¢¨¸¨¸½ˆÅœ¸»µ¸Ä Ÿ¸¸›¸™¿”¸Ê ˆ½Å ‚›¸º¬¸£µ¸ Ÿ¸Ê ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. to time.

Œ. œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆ½Å ‚¢š¸ŠÏíµ¸ ˆ½Å ¬¸Ÿ¸¡¸ „œ¸¢\¸÷¸ ¥¸¸Š¸÷¸ ]¸¾¬¸½ ¢ˆÅ ™¥¸¸¥¸ú, ûÅú¬¸, ˆÅŸ¸ú©¸›¸, e. Costs such as brokerage, fees, commission, taxes etc. incurred ˆÅ£ ƒ÷¡¸¸¢™ ˆÅ¸ œ¸»¿]¸úˆÅ£µ¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. at the time of acquisition of securities are capitalized.

58 Jeeef

f. Interest Rate Swaps: \¸. ¤¡¸¸]¸ ™£ ¬¨¸¾œ¸ À (i) Valuation: i) Ÿ¸»¥¡¸¸¿ˆÅ›¸ À (a) Hedging Swaps: Interest Rate Swaps for hedging assets and ˆÅ) í½¢]¸¿Š¸ ¬¨¸¾œ¸ À ‚¸¦¬÷¸ ‚¸¾£ ™½¡¸÷¸¸‚¸Ê ˆ½Å ¢¥¸‡ í½¢]¸¿Š¸ ¤¡¸¸]¸ ™£ ¬¨¸¾œ¸ ˆÅ¸½ ¤¸¸]¸¸£ ˆ½Å liabilities are not marked to market. ¢¥¸‡ ‚¿¢ˆÅ÷¸ ›¸íú¿ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. (b) Trading Swaps: Interest Rate Swaps for trading purpose are ‰¸) ’ï½¢”¿Š¸ ¬¨¸¾œ¸ À ’ï½¢”¿Š¸ ˆ½Å „Ó½©¡¸ í½÷¸º ¤¡¸¸]¸ ™£ ¬¨¸¾œ¸ ˆÅ¸½ ¤¸¸]¸¸£ ˆÅ¸½ ‚¿¢ˆÅ÷¸ ¢ˆÅ¡¸¸ marked to market. Š¸¡¸¸ í¾. (ii) Accounting of income on derivative deals: ii) ”½¢£¨¸½¢’¨¸ ¬¸¸¾™¸Ê œ¸£ ‚¸¡¸ ˆÅ¸ ¥¸½‰¸¸¿ˆÅ›¸ À (a) Hedging Swaps: Income is accounted for on realization basis. Expenditure, if any, is accounted for on accrual basis, if ˆÅ) í½¢]¸Š¸ ¬¨¸¾œ¸À ‚¸¡¸ ˆÅ¸ ¥¸½‰¸¸¿ˆÅ›¸ ¨¸¬¸»¥¸ú ˆ½Å ‚¸š¸¸£ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ¡¸¢™ ˆÅ¸½ƒÄ ascertainable. ¢›¸¢ä¸÷¸ ¢ˆÅ¡¸¸ ]¸¸›¸½ ¨¸¸¥¸¸ ‰¸\¸Ä í¾ ÷¸¸½ „¬¸ˆÅ¸ ¥¸½‰¸¸¿ˆÅ›¸ ¬¸¿\¸¡¸ú ‚¸š¸¸£ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. (b) Trading Swaps: Income or expenditure is accounted for on ‰¸) ’ï½¢”¿Š¸ ¬¨¸¾œ¸ À ¢›¸œ¸’¸£¸ ¢™›¸¸¿ˆÅ œ¸£ ¨¸¬¸»¥¸ú ˆ½Å ‚¸š¸¸£ œ¸£ ‚¸¡¸ ‚¸¾£ ‰¸\¸Ä ˆÅ¸ ¥¸½‰¸¸¿ˆÅ›¸ realization basis on settlement date. ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. (iii) Accounting of gain or loss on termination of swaps: (iii) ¬¨¸¾œ¸ ¬¸Ÿ¸¸¦œ÷¸ œ¸£ ‚¸¡¸ ¡¸¸ í¸¢›¸ ˆÅ¸ ¥¸½‰¸¸À (a) Hedging Swaps: Any gain or loss on the terminated swap is recognized over the shorter of (a) the remaining contractual life ˆÅ) í½¢]¸¿Š¸ ¬¨¸¾œ¸ À ¬¸Ÿ¸¸œ÷¸ íº‡ ¬¨¸¾œ¸ œ¸£ íºƒÄ ¢ˆÅ¬¸ú ž¸ú í¸¢›¸ ¡¸¸ ¥¸¸ž¸ ˆÅ¸½ (ˆÅ) ¬¨¸¾œ¸ of the swap or (b) the remaining life of the asset / liability. ˆÅú ©¸½«¸ ¤¸\¸ú ¬¸¿¢¨¸™¸÷Ÿ¸ˆÅ ‚¨¸¢š¸ ¡¸¸ (‰¸) ‚¸¦¬÷¸ / ™½¡¸÷¸¸ ˆÅú ©¸½«¸ ‚¨¸¢š¸, ]¸¸½ ž¸ú (b) Trading Swaps: Any gain or loss on terminated swap is ˆÅŸ¸ í¸½, ˆÅú ‚¨¸¢š¸ ˆ½Å ¢¥¸‡ ¬¨¸úˆÅ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. recognized as income or expenditure in the year of termination. ‰¸) ’ï½¢”¿Š¸ ¬¨¸¾œ¸ À ¬¨¸¾œ¸ ¬¸Ÿ¸¸¦œ÷¸ œ¸£ ¢ˆÅ¬¸ú ž¸ú ¥¸¸ž¸ ¡¸¸ í¸¢›¸ ˆÅ¸½ ¬¨¸¾œ¸ ¬¸Ÿ¸¸¦œ÷¸ ˆ½Å ¨¸«¸Ä Ÿ¸Ê 4. Advances: íú ‚¸¡¸ ¡¸¸ ‰¸\¸Ä ˆ½Å ³Åœ¸ Ÿ¸Ê ¬¨¸úˆÅ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. 4.1 Advances shown are net of write offs, provisions made for non- performing assets, claims settled with the credit guarantee 4. ‚¢ŠÏŸ¸À institutions, provision for diminution in fair value for restructured 4.1 ™©¸¸Ä‡ Š¸‡ ‚¢ŠÏŸ¸ ¤¸’Ã’½ ”¸¥¸½ Š¸¡¸½ ‰¸¸÷¸¸Ê, ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê í½÷¸º ¢ˆÅ‡ Š¸‡ œÏ¸¨¸š¸¸›¸, advances and bills rediscounted. †µ¸ Š¸¸£¿’ú ¬¸¿¬˜¸¸›¸¸Ê ¬¸½ ¢›¸œ¸’¸‡ Š¸‡ ™¸¨¸¸Ê, œ¸º›¸ž¸¸ô¢]¸÷¸ ¢¤¸¥¸¸Ê ‚¸¾£ œ¸º›¸Š¸Ä¢“÷¸ ‚¢ŠÏŸ¸¸Ê 4.2 Classification of advances and provisions thereon are made ˆ½Å ¢¥¸‡ „¢\¸÷¸ Ÿ¸»¥¡¸ Ÿ¸Ê ‚¨¸›¸¢÷¸ ˆ½Å ¢¥¸‡ œÏ¸¨¸š¸¸›¸ ˆÅ¸ ¢›¸¨¸¥¸ í¾. in accordance with the prudential norms prescribed by and guidelines of RBI from time to time. 4.2 œÏ¸¨¸š¸¸›¸¸Ê ‚¸¾£ ‚¢ŠÏŸ¸¸Ê ˆÅ¸ ¨¸Š¸úÄˆÅ£µ¸ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ¬¸Ÿ¸¡¸-¬¸Ÿ¸¡¸ œ¸£ ¢¨¸¢›¸¢™Ä«’ ¢¨¸¨¸½ˆÅœ¸»µ¸Ä Ÿ¸¸›¸™¿”¸Ê ‚¸¾£ ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. 4.3 Provision for performing assets, other than provision on standard restructured advances, is shown under the head “Other liabilities 4.3 œ¸º›¸¢›¸Äš¸¸Ä¢£÷¸ Ÿ¸¸›¸ˆÅ ‚¢ŠÏŸ¸¸Ê œ¸£ œÏ¸¨¸š¸¸›¸ ˆÅ¸½ Ž¸½”õˆÅ£ ‚]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê œ¸£ œÏ¸¨¸š¸¸›¸ and provisions”. ˆÅ¸½ "‚›¡¸ ™½¡¸÷¸¸‚¸Ê ¨¸ œÏ¸¨¸š¸¸›¸" ©¸ú«¸Ä Ÿ¸Ê ™©¸¸Ä¡¸¸ Š¸¡¸¸ í¾ I 4.4 In respect of Rescheduled/ Restructured accounts, provision 4.4 œ¸º›¸¢›¸Äš¸¸Ä¢£÷¸ / œ¸º›¸¬¸ô£¢\¸÷¸ ‰¸¸÷¸¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê, œ¸º›¸Š¸Ä¢“÷¸ ‚¢ŠÏŸ¸¸Ê ˆ½Å „¢\¸÷¸ Ÿ¸»¥¡¸ Ÿ¸Ê for diminution in fair value of restructured advances is made on present value basis as per RBI guidelines. ‚¨¸›¸¢÷¸ ˆ½Å ¢¥¸‡ œÏ¸¨¸š¸¸›¸ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆÅú ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¨¸÷¸ÄŸ¸¸›¸ Ÿ¸»¥¡¸ ‚¸š¸¸£ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. 4.5 In respect of advances under SDR, provision is made in accordance with RBI guidelines, within a maximum period of four 4.5 ‡¬¸”ú‚¸£ ˆ½Å ‚¿÷¸Š¸Ä÷¸ ‚¢ŠÏŸ¸¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ‚¢š¸ˆÅ÷¸Ÿ¸ \¸¸£ ¢÷¸Ÿ¸¸¢í¡¸¸Ê ˆÅú ‚¨¸¢š¸ ˆ½Å quarters. ž¸ú÷¸£ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸£µ¸ Ÿ¸Ê œÏ¸¨¸š¸¸›¸ ¢ˆÅ‡ Š¸‡ íÿ. 4.6 In case of financial assets sold to Asset Reconstruction Company 4.6 ‚¸¦¬÷¸ œ¸º›¸¢›¸ÄŸ¸¸Äµ¸ ˆ¿Åœ¸›¸ú (‡‚¸£¬¸ú)/ œÏ¢÷¸ž¸»¢÷¸ˆÅ£µ¸ ˆ¿Åœ¸›¸ú (‡¬¸¬¸ú) ˆÅ¸½ ¤¸½\¸ú Š¸ƒÄ (ARC)/ Securitization Company (SC), if the sale is at a price ¢¨¸î¸ú¡¸ ‚¸¦¬÷¸¡¸¸Ê ˆ½Å Ÿ¸¸Ÿ¸¥¸½ Ÿ¸Ê ¡¸¢™ ¢¨¸ÇÅ¡¸ ¢›¸¨¸¥¸ ¤¸íúŸ¸»¥¡¸ (‡›¸¤¸ú¨¸ú) ¬¸½ ‚¢š¸ˆÅ higher than the NBV, the surplus is retained and utilised to meet the shortfall/loss on account of sale of other financial assets to Ÿ¸»¥¡¸ œ¸£ íº‚¸ í¾ ÷¸¸½ ‚¢š¸©¸½«¸ ˆÅ¸½ £‰¸¸ ]¸¸÷¸¸ í¾ ‚¸¾£ ‡¬¸¬¸ú / ‡‚¸£¬¸ú ˆÅ¸½ ‚›¡¸ SC/ARC. If the sale is at a price below the net book value (NBV), ¢¨¸î¸ú¡¸ ¬¸¿œ¸¢î¸¡¸¸Ê ˆÅú ¢¤¸ÇÅú ¬¸½ ˆÅŸ¸ú / í¸¢›¸ ˆÅ¸½ œ¸»£¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ „œ¸¡¸¸½Š¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ (i.e. outstanding less provision held) the shortfall is to be debited í¾. ¡¸¢™ ¢¨¸ÇÅ¡¸ ¢›¸¨¸¥¸ ¤¸íúŸ¸»¥¡¸ (‡›¸¤¸ú¨¸ú) ¬¸½ ˆÅŸ¸ Ÿ¸»¥¡¸ (‚˜¸¸Ä÷¸ ¤¸ˆÅ¸¡¸¸ ¬¸½ ˆÅŸ¸ to the Profit and Loss account. However if surplus is available, œÏ¸¨¸š¸¸›¸) œ¸£ íº‚¸ í¾, ÷¸¸½ ˆÅŸ¸ú ˆÅ¸½ ¥¸¸ž¸ ‚¸¾£ í¸¢›¸ ‰¸¸÷¸½ ¬¸½ ›¸¸Ÿ¸½ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. such shortfall will be absorbed in the surplus. Any shortfall arising ÷¸˜¸¸¢œ¸ ‚Š¸£ ‚¢š¸©¸½«¸ „œ¸¥¸¤š¸ í¾ ÷¸¸½ ƒ›¸ ˆÅ¢Ÿ¸¡¸¸Ê ˆÅ¸½ ‚¢š¸©¸½«¸ ×¸£¸ ‚¨¸©¸¸½¢«¸÷¸ ˆÅ£ due to sale of NPA will be amortised over a period of two years if ¢¥¸¡¸¸ ]¸¸‡Š¸¸. ‡›¸œ¸ú‡ ˆÅú ¢¤¸ÇÅú ˆ½Å ˆÅ¸£µ¸ ¢ˆÅ¬¸ú œÏˆÅ¸£ ˆÅú ˆÅŸ¸ú ˆÅ¸½ ‚¢š¸©¸½«¸ ×¸£¸ not absorbed in the surplus. ‚¨¸©¸¸½¢«¸÷¸ ›¸ ¢ˆÅ‡ ]¸¸›¸½ œ¸£ „¬¸½ ™¸½ ¨¸«¸¸½ô ˆÅú ‚¨¸¢š¸ ˆ½Å ¤¸¸™ œ¸¢£©¸¸½¢š¸÷¸ ¢ˆÅ¡¸¸ ]¸¸‡Š¸¸. Excess provision arising out of sale of NPAs are reversed only ‡›¸œ¸ú‡ ˆÅú ¢¤¸ÇÅú ˆ½Å ˆÅ¸£µ¸ ¢ˆÅ‡ ]¸¸›¸½¨¸¸¥¸½ ‚¢÷¸¢£Æ÷¸ œÏ¸¨¸š¸¸›¸ ˆÅ¸½ ÷¸ž¸ú ¢£¨¸¬¸Ä ¢ˆÅ¡¸¸ when the cash received (by way of initial consideration only/ or redemption of SRS/PTC) is higher than the net book value ]¸¸÷¸¸ í¾ ]¸¤¸ œÏ¸œ÷¸ ›¸ˆÅ™ú (‚¸£¿¢ž¸ˆÅ œÏ¢÷¸ûÅ¥¸/¡¸¸ ‡¬¸‚¸£‡¬¸/œ¸ú’ú¬¸ú ˆ½Å œÏ¢÷¸™¸›¸ (NBV) of the asset. Reversal of excess provision will be limited to ˆ½Å ×¸£¸) ‚¸¦¬÷¸ ˆ½Å ¢¨¸ÇÅ¡¸ ¢›¸¨¸¥¸ ¤¸íúŸ¸»¥¡¸ (‡›¸¤¸ú¨¸ú) ¬¸½ ‚¢š¸ˆÅ í¸½— ‚¸¦¬÷¸¡¸¸Ê ˆ½Å the extent to which cash received exceeds the NBV of the asset. ‡›¸¤¸ú¨¸ú ¬¸½ ‚¢š¸ˆÅ ˆÅú ›¸ˆÅ™ú ˆÅú ¬¸úŸ¸¸ ÷¸ˆÅ íú ‚¢÷¸¢£Æ÷¸ œÏ¸¨¸š¸¸›¸ ˆÅ¸ ¢£¨¸¬¸Ä¥¸ ¢ˆÅ¡¸¸ ]¸¸‡Š¸¸. 5. Fixed Assets and Depreciation: 5.1 Premises and Other Fixed Assets are accounted for at cost 5. ¦¬˜¸£ ‚¸¦¬÷¸¡¸¸¿ ‡¨¸¿ Ÿ¸»¥¡¸Ý¸¬¸À except for certain premises, which were revalued and stated at 5.1 œ¸º›¸Ÿ¸»Ä¥¡¸¸¿¢ˆÅ÷¸ ‚¸¾£ œ¸º›¸Ÿ¸»Ä¥¡¸¸¿¢ˆÅ÷¸ Ÿ¸»¥¡¸ œ¸£ „¦¥¥¸¢‰¸÷¸ ˆÅ¢÷¸œ¸¡¸ œ¸¢£¬¸£¸Ê ˆÅ¸½ Ž¸½”õˆÅ£ revalued amount. œ¸¢£¬¸£ ‚¸¾£ ‚›¡¸ ¦¬˜¸£ ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸½ ¥¸¸Š¸÷¸ œ¸£ ¥¸½‰¸¸¤¸Ö ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. 5.2 Depreciation on fixed assets (other than those referred in para 5.2 œ¸º›¸Ÿ¸»Ä¥¡¸¸¿¢ˆÅ÷¸ ‚¸¦¬÷¸¡¸¸Ê, ¢]¸›¸ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê „\\¸ Ÿ¸»¥¡¸Ý¸¬¸ ƒ›¸ œ¸º›¸Ÿ¸»Ä¥¡¸¸¿¢ˆÅ÷¸ 5.3 and 5.4 below) is provided for on the diminishing balance method at the rates specified below, except in case of revalued œ¸¢£¬¸¿œ¸¢î¸¡¸¸Ê ˆ½Å ‚›¸ºŸ¸¸¢›¸÷¸ „œ¸¡¸¸½Š¸ú ]¸ú¨¸›¸ ˆ½Å ‚¸š¸¸£ œ¸£ ¥¸Š¸¸¡¸¸ ]¸¸÷¸¸ í¾, ˆÅ¸½ assets, in respect of which higher depreciation is provided on the Ž¸½”õˆÅ£ ¦¬˜¸£ ‚¸¦¬÷¸¡¸¸Ê (›¸ú\¸½ „¦¥¥¸¢‰¸÷¸ ‚›¸º\Ž½™ 5.3 ‚¸¾£ 5.4 Ÿ¸Ê „¦¥¥¸¢‰¸÷¸ basis of estimated useful life of these revalued assets. ¬¸¿œ¸¢î¸¡¸¸Ê ˆÅ¸½ Ž¸½”õˆÅ£) œ¸£ Ÿ¸»¥¡¸Ý¸¬¸, Ý¸¬¸Ÿ¸¸›¸ ©¸½«¸ œ¸š™¢÷¸ ¬¸½ ›¸ú\¸½ „¦¥¥¸¢‰¸÷¸ ™£¸Ê œ¸£ ¥¸Š¸¸¡¸¸ Š¸¡¸¸ í¾. 59 Annual Report 2016-17

‚.ÇÅ. ‚¸¦¬÷¸¡¸¸Ê ˆÅú ª½µ¸ú Ÿ¸»¥¡¸Ý¸¬¸ ˆÅú ™£ (%) Rate of S.N. Category of Asset Depreciation 1 ž¸¨¸›¸ ‚¸¾£ œ¸¢£¬¸£ 5.00 (%) 2 ¬¸½ûÅ ¬¸¢í÷¸ ¬¸¸Ÿ¸¸›¡¸ Ÿ¸™Ê 18.10 1 Building & Premises 5.00 3 ƒ¥¸½¦Æ’ïˆÅ¥¸ „œ¸ˆÅ£µ¸ 13.91 2 General items including Safe 18.10 3 Electrical Equipments 13.91 4 ‚¸Á¢ûÅ¬¸ Ÿ¸©¸ú›¸£ú 13.91 4 Office Machinery 13.91 5 Ÿ¸¸½’£ ¨¸¸í›¸ 25.89 5 Motor Vehicles 25.89 6 ¬¸½ûÅ ¢”œ¸¸Á¢]¸’ ¨¸¸Á¥’ 13.91 6 Safe Deposit Vault 13.91 7 ¤¸¸ƒÄ¢¬¸ˆÅ¥¸ 20.00 7 Bicycle 20.00 5.3 On computers, depreciation is provided at the rate of 33.33% on 5.3 ˆ¿Åœ¡¸»’£¸Ê œ¸£ Ÿ¸»¥¡¸Ý¸¬¸ ¬¸£¥¸ £½‰¸¸ œ¸š™¢÷¸ (‡¬¸‡¥¸‡Ÿ¸) ¬¸½ 33.33% ˆÅú ™£ œ¸£ Straight Line Method (SLM) so as to write down the asset value ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ÷¸¸¢ˆÅ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ‚¸¦¬÷¸ ˆÅ¸ in three years to Rupee One as per RBI guidelines. Computers Ÿ¸»¥¡¸Ý¸¢¬¸÷¸ Ÿ¸»¥¡¸ ÷¸ú›¸ ¨¸«¸¸½ô Ÿ¸Ê 1 ²Åœ¸¡¸¸ £í ]¸¸‡. ˆÅŸœ¡¸»’£¸Ê Ÿ¸Ê ¬¸¸É’¨¸½‚£, ‡’ú‡Ÿ¸ include software, ATMs and UPS also. ‚¸¾£ ¡¸»œ¸ú‡¬¸ ž¸ú ©¸¸¢Ÿ¸¥¸ íÿ. 5.4 Depreciation is provided for full year in respect of assets 5.4 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ‰¸£ú™ú Š¸ƒÄ ¬¸¿œ¸¢î¸¡¸¸Ê œ¸£ œ¸»£½ ¨¸«¸Ä ˆÅ¸ Ÿ¸»¥¡¸Ý¸¬¸ ¥¸Š¸¸¡¸¸ Š¸¡¸¸ í¾. ¨¸«¸Ä ˆ½Å purchased during the year. No depreciation is provided on ™¸¾£¸›¸ ¤¸½\¸ú Š¸ƒÄ/ ÷¡¸¸Š¸ú Š¸ƒÄ ¬¸¿œ¸¢î¸¡¸¸Ê œ¸£ ˆÅ¸½ƒÄ Ÿ¸»¥¡¸Ý¸¬¸ ›¸íú¿ ¥¸Š¸¸¡¸¸ Š¸¡¸¸ í¾. assets sold / discarded during the year. 5.5 œ¸º›¸Ÿ¸»Ä¥¡¸¸¿¢ˆÅ÷¸ ‚¸¦¬÷¸¡¸¸Ê ˆÅú ¥¸¸Š¸÷¸ ˆ½Å …œ¸£ œ¸º›¸Ÿ¸»Ä¥¡¸¸¿¢ˆÅ÷¸ £ˆÅŸ¸ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ Ÿ¸»¥¡¸Ý¸¬¸ 5.5 Depreciation relating to revalued amount over and above the ¦¬˜¸£ ¬¸¿œ¸¢î¸ ˆ½Å ¤¸\¸½ íº‡ ]¸ú¨¸›¸ ˆ½Å ‚¸š¸¸£ œ¸£ Ý¸¬¸Ÿ¸¸›¸ ©¸½«¸ œ¸Ö¢÷¸ ˆ½Å ‚¸š¸¸£ œ¸£ cost of the revalued assets, is provided on diminishing balance ¥¸Š¸¸¡¸¸ Š¸¡¸¸ í¾ ]¸¾¬¸¸ ¢ˆÅ „œ¸£¸½Æ÷¸ œ¸¾£¸ 5.2 Ÿ¸Ê „¥¥¸½‰¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ‚¸¾£ „¬¸½ method over the residual life of the fixed assets as stated in para œ¸º›¸Ÿ¸»Ä¥¡¸¸¿ˆÅ›¸ ‚¸£¢®¸¢÷¸ Ÿ¸Ê ¬¸Ÿ¸¸¡¸¸½¢]¸÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. œ¸»£ú ÷¸£í ¬¸½ Ÿ¸»¥¡¸Ý¸¢¬¸÷¸ 5.2 and adjusted against the Revaluation Reserve. Revaluation Reserve on fully depreciated properties is amortized on the ¬¸¿œ¸¢î¸¡¸¸Ê œ¸£ œ¸º›¸Ÿ¸»Ä¥¡¸›¸ ‚¸£¢®¸¢÷¸ ˆÅ¸ œ¸¢£©¸¸½š¸›¸ ‚›¸ºŸ¸¸½¢™÷¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ˆÅ÷¸¸Ä‚¸Ê ×¸£¸ basis of their residual life as certified by approved valuers. œÏŸ¸¸¢µ¸÷¸ „›¸ˆ½Å ©¸½«¸ ¤¸\¸½ ]¸ú¨¸›¸ ˆ½Å ‚¸š¸¸£ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. 5.6 Leasehold land cost is amortized over the period of lease on 5.6 œ¸’Ã’½¨¸¸¥¸ú ž¸»¢Ÿ¸ ˆÅ¸ œ¸¢£©¸¸½š¸›¸ œ¸’Ã’¸ ‚¨¸¢š¸ Ÿ¸Ê ¬¸£¥¸ £½‰¸¸ œ¸š™¢÷¸ (‡¬¸‡¥¸‡Ÿ¸) œ¸£ SLM basis. ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. 6. Revenue Recognition 6. £¸]¸¬¨¸ ‚¢ž¸¢›¸š¸¸Ä£µ¸ À 6.1 All revenues and costs are accounted for on accrual basis except 6.1 ›¸ˆÅ™ú ‚¸š¸¸£ œ¸£ ¥¸½‰¸¸¤¸Ö ¢›¸Ÿ›¸¸¿¢ˆÅ÷¸ Ÿ¸™¸Ê ˆÅ¸½ Ž¸½”õˆÅ£, ¬¸ž¸ú £¸]¸¬¨¸ ‚¸¾£ ¥¸¸Š¸÷¸¸Ê the following items, which are accounted for on cash basis:- ˆÅ¸½ ¬¸¿\¸¡¸ú ‚¸š¸¸£ œ¸£ ¥¸½‰¸¸¤¸š™ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ À- a. Interest on Advances and Investments identified as Non- ˆÅ. ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ¬¸Ÿ¸¡¸-¬¸Ÿ¸¡¸ œ¸£ ]¸¸£ú ¢ˆÅ‡ Š¸‡ ¢¨¸¨¸½ˆÅœ¸»µ¸Ä Ÿ¸¸›¸™¿”¸Ê ‚¸¾£ Performing Assets according to the prudential norms and ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ‚¢ž¸¢›¸š¸¸Ä¢£÷¸ ‚¢ŠÏŸ¸¸Ê ‡¨¸¿ ¢›¸¨¸½©¸¸Ê guidelines issued by RBI, from time to time. œ¸£ ¤¡¸¸]¸. b. Income from commission viz., on Guarantees, Letter of Credit, Government business, Bancassuarance, Mutual Fund business, ‰¸. ˆÅŸ¸ú©¸›¸ ¬¸½ ‚¸¡¸ ¡¸˜¸¸-Š¸¸£¿’ú, ¬¸¸‰¸ œ¸°¸, ¬¸£ˆÅ¸£ú ˆÅ¸£¸½¤¸¸£, ¤¸ÿˆÅ-¤¸úŸ¸¸ ˆÅ¸£¸½¤¸¸£, credit & debit cards issued and Locker Rent. Ÿ¡¸º\¸‚¥¸ ûÅµ” ¨¡¸¨¸¬¸¸¡¸, ]¸¸£ú Ç½Å¢”’ ‚¸¾£ ”½¢¤¸’ ˆÅ¸”Ä ‚¸¾£ ¥¸¸ÁˆÅ£ ¢ˆÅ£¸¡¸¸. c. Interest for overdue period on bills purchased and bills Š¸. ‰¸£ú™½ Š¸‡ ÷¸˜¸¸ ž¸¸¿¢]¸÷¸ ¢¤¸¥¸¸Ê œ¸£ ‚¢÷¸™½¡¸ ‚¨¸¢š¸ ˆ½Å ¢¥¸‡ ¤¡¸¸]¸. discounted. ‹¸ ¤¸úŸ¸¸ ™¸¨¸½ d. Insurance claims. \¸ ¢”¤¸Ê\¸£ ›¡¸¸¬¸ú ¨¡¸¨¸¬¸¸¡¸ œ¸£ œ¸¸¢£ª¢Ÿ¸ˆÅ e. Remuneration on Debenture Trustee Business. Ž. †µ¸ œÏ¢ÇÅ¡¸¸ ©¸º¥ˆÅ f. Loan Processing Fees. ]¸ ¨¡¸¸œ¸¸£ú ¤¸ÿ¢ˆ¿ÅŠ¸ œ¸¢£\¸¸¥¸›¸ ¨¸ í¸Ÿ¸ú™¸£ú ˆÅŸ¸ú©¸›¸ ¬¸½ ‚¸¡¸ g. Income from Merchant Banking Operations and Underwriting Commission. ^¸ ƒ¿’£›¸½’ ¤¸ÿ¢ˆ¿ÅŠ¸ ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ¬¸½ ¡¸»¢’¢¥¸’ú ¢¤¸¥¸ ž¸ºŠ¸÷¸¸›¸ ¬¸½¨¸¸‚¸Ê œ¸£ œÏ¸œ÷¸ ¬¸¿¨¡¸¨¸í¸£ h. Transaction processing fees received on utility bill pay services œÏ¬¸¿¬ˆÅ£µ¸ ©¸º¥ˆÅ through internet banking. 6.2 ž¸¸£÷¸ú¡¸ ¢£]¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸£µ¸ Ÿ¸Ê ‚¢÷¸™½¡¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸Ê œ¸£ ™½¡¸ 6.2 Pursuant to RBI guidelines, the interest payable on overdue ¤¡¸¸]¸ ˆÅ¸ œÏ¸¨¸š¸¸›¸ ž¸¸£÷¸ú¡¸ ¢£]¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™›¸¸¿ˆÅ 22.08.2008 ˆ½Å œ¸¢£œ¸°¸ ˆ½Å ¢™›¸¸¿ˆÅ term deposit is provided on accrual basis at Saving Bank rate ¬¸½ „œ¸\¸¡¸ ‚¸š¸¸£ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ÷¸˜¸¸ ©¸½«¸ ˆÅ¸ œÏ¸¨¸š¸¸›¸ ›¸¨¸úˆÅ£µ¸ ˆ½Å ¬¸Ÿ¸¡¸ ¢ˆÅ¡¸¸ effective from date of RBI circular dated 22.08.2008, and the Š¸¡¸¸ í¾. balance at the time of renewal. 7. Employees’ Benefits: 7. ˆÅŸ¸Ä\¸¸£ú ‚›¸º¥¸¸ž¸À Defined Contribution Plan: The contribution paid / payable under œ¸¢£ž¸¸¢«¸÷¸ ‚¿©¸™¸›¸ ¡¸¸½]¸›¸¸ À œ¸¢£ž¸¸¢«¸÷¸ ‚¿©¸™¸›¸ ‚›¸º¥¸¸ž¸ ¡¸¸½]¸›¸¸‚¸Ê ˆ½Å ‚¿÷¸Š¸Ä÷¸ defined contribution benefit schemes are charged to Profit & ‚™¸ ¢ˆÅ‡ Š¸‡ / ‚™¸ ¢ˆÅ‡ ]¸¸›¸½ ¨¸¸¥¸½ ‚¿©¸™¸›¸ ˆÅ¸½ ¥¸¸ž¸-í¸¢›¸ ‰¸¸÷¸½ ˆÅ¸½ œÏž¸¸¢£÷¸ Loss Account. ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. Defined Benefit Plans: Bank’s liabilities towards defined benefit œ¸¢£ž¸¸¢«¸÷¸ ‚›¸º¥¸¸ž¸ ¡¸¸½]¸›¸¸ À œ¸¢£ž¸¸¢«¸÷¸ ‚›¸º¥¸¸ž¸ ¡¸¸½]¸›¸¸‚¸Ê í½÷¸º ¤¸ÿˆÅ ˆÅú ™½¡¸÷¸¸‚¸Ê schemes are determined on the basis of an actuarial valuation ˆÅ¸ ¢›¸š¸¸Ä£µ¸ œÏ÷¡¸½ˆÅ ¢÷¸Ÿ¸¸íú/ ¢¨¸î¸ú¡¸ ¨¸«¸Ä ˆÅú ¬¸Ÿ¸¸¦œ÷¸ œ¸£ „œ¸¢\¸÷¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ‚¸š¸¸£ made at the end of each quarter/financial year. Actuarial gains œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. ¤¸úŸ¸¸¿¢ˆÅˆÅ ¥¸¸ž¸ ‚¸¾£ í¸¢›¸ ˆÅ¸½ ¥¸¸ž¸ ¨¸ í¸¢›¸ ‰¸¸÷¸½ Ÿ¸Ê ™©¸¸Ä¡¸¸ Š¸¡¸¸ and losses are recognized in the Profit & Loss Account. í¾.

60 Jeeef

8. Impairment of Assets: 8. ‚¸¦¬÷¸¡¸¸Ê ˆÅú í¸¢›¸ : Impairment losses, if any, on fixed assets including revalued fixed ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ ¬¸¿¬˜¸¸›¸ ×¸£¸ ]¸¸£ú ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ 28 - ‚¸¦¬÷¸¡¸¸Ê ˆÅú ®¸¢÷¸, ˆ½Å assets are recognized in accordance with Accounting Standard ‚›¸º¬¸¸£ œ¸º›¸Ÿ¸»Ä¥¡¸¸¿¢ˆÅ÷¸ ‚¸¦¬÷¸¡¸¸Ê ¬¸¢í÷¸ ¦¬˜¸£ ‚¸¦¬÷¸¡¸¸Ê ˆÅú í¸¢›¸, ¡¸¢™ ˆÅ¸½ƒÄ í¾, ˆÅ¸½ 28- Impairment of Assets issued by the ICAI and charged to ™©¸¸Ä¡¸¸ Š¸¡¸¸ í¾ ‚¸¾£ ¥¸¸ž¸ ¨¸ í¸¢›¸ ‰¸¸÷¸½ ˆÅ¸½ œÏž¸¸¢£÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. Profit & Loss Account. 9. œÏ¸¨¸š¸¸›¸, ‚¸ˆÅ¦¬Ÿ¸ˆÅ ™½¡¸÷¸¸ ‚¸¾£ ‚¸ˆÅ¦¬Ÿ¸ˆÅ ‚¸¦¬÷¸ : 9. Provisions Contingent Liabilities and Contingent Assets: ž¸¸£÷¸ú¡¸ ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ ¬¸¿¬˜¸¸›¸ ×¸£¸ ]¸¸£ú Ÿ¸¸›¸ˆÅ 29 "œÏ¸¨¸š¸¸›¸-‚¸ˆÅ¦¬Ÿ¸ˆÅ ™½¡¸÷¸¸ As per the Accounting Standard 29-“Provisions, Contingent Liabilities and Contingent Assets” issued by ICAI, the Bank ‚¸¾£ ‚¸ˆÅ¦¬Ÿ¸ˆÅ ‚¸¦¬÷¸" ˆ½Å ‚›¸º¬¸¸£ ¤¸ÿˆÅ ›¸½ œÏ¸¨¸š¸¸›¸ ˆÅ¸ ¢›¸š¸¸Ä£µ¸ ˆ½Å¨¸¥¸ ÷¸¤¸ íú ¢ˆÅ¡¸¸ recognizes provisions only when it has a present obligation as a í¾ ]¸¤¸ ¢ˆÅ¬¸ú œ¸»¨¸Ä ‹¸’›¸¸ ˆ½Å ˆÅ¸£µ¸ „¬¸ˆÅ¸ ¨¸÷¸ÄŸ¸¸›¸ Ÿ¸Ê ™¸¢¡¸÷¨¸ „÷œ¸››¸ íº‚¸ í¸½. ¡¸í result of a past event, it is probable that an outflow of resources ¬¸¿ž¸¨¸ í¾ ¢ˆÅ ™¸¢¡¸÷¨¸ ˆÅ¸ ¢›¸œ¸’¸›¸ ˆÅ£›¸½ í½÷¸º ‚¸¢˜¸ÄˆÅ ¥¸¸ž¸¸Ê ¬¸½ ¡¸ºÆ÷¸ ¬¸¿¬¸¸š¸›¸¸Ê ˆ½Å ¤¸¸í£ú embodying economic benefits will be required to settle the œÏ¨¸¸í ˆÅú ‚¸¨¸©¡¸ˆÅ÷¸¸ œ¸”õ½Š¸ú ]¸¤¸ ™¸¢¡¸÷¨¸ ˆÅú £ˆÅŸ¸ ˆÅ¸ ¢¨¸æ¸¬¸›¸ú¡¸ ‚›¸ºŸ¸¸›¸ ¥¸Š¸¸¡¸¸ obligation and when a reliable estimate of the amount of the ]¸¸ ¬¸ˆ½ÅŠ¸¸. obligation can be made. ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê Ÿ¸Ê ‚¸ˆÅ¦¬Ÿ¸ˆÅ ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ ¢›¸š¸¸Ä£µ¸ ›¸íú¿ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ Æ¡¸¸Ê¢ˆÅ ƒ¬¸ˆ½Å Contingent assets are not recognized in the financial statements since this may result in the recognition of the income that may ˆÅ¸£µ¸ ‡½¬¸ú ‚¸¡¸ ˆÅ¸ ¢›¸š¸¸Ä£µ¸ í¸½ ¬¸ˆÅ÷¸¸ í¾ ]¸¸½ ˆÅž¸ú ¨¸¬¸»¥¸ ›¸ íºƒÄ í¸½. never be realized. 10. ¢›¸¨¸¥¸ ¥¸¸ž¸, œÏ¸¨¸š¸¸›¸ ‡¨¸¿ ‚¸ˆÅ¦¬Ÿ¸ˆÅ÷¸¸‡¿ À 10. Net Profit, Provisions and Contingencies: œÏ¸¨¸š¸¸›¸ ‚¸¾£ ‚¸ˆÅ¦¬Ÿ¸ˆÅ÷¸¸‡¿ ˆÅ£›¸½ ˆ½Å œ¸ä¸¸÷¸ ¢›¸¨¸¥¸ ¥¸¸ž¸ ‹¸¸½¢«¸÷¸ ¢ˆÅ‡ Š¸‡ íÿ, ¢]¸¬¸Ÿ¸Ê The Net Profit disclosed is after making the Provisions and ¢›¸¨¸½©¸ ˆÅ¸ Ÿ¸»¥¡¸, ‚¸©¸¸½š¡¸ †µ¸ ‚¸¾£ ˆÅ£¸š¸¸›¸ í½÷¸º œÏ¸¨¸š¸¸›¸ (‚¸¬˜¸¢Š¸÷¸ ˆÅ£¬¸¢í÷¸) Contingencies which include adjustment to the value of ‚¸ˆÅ¢¬Ÿ¸ˆÅ÷¸¸‚¸½¿ / ‚›¡¸ ÷¸˜¸¸ š¸¸½‰¸¸š¸”õú ˆ½Å ³Åœ¸ Ÿ¸½¿ ‚¢ž¸¢›¸š¸¸Ä¢£÷¸ Ÿ¸¸Ÿ¸¥¸¸½¿ ¬¸¢í÷¸ investments, on bad debts, provision for taxation (including ˆ½Å ¢¥¸‡ œÏ¸¨¸š¸¸›¸ ©¸¸¢Ÿ¸¥¸ íÿ. deferred tax), and provision for advances including cases ‚¢ŠÏŸ¸¸Ê identified as fraud and contingencies / others. 11. ‚¸¡¸ˆÅ£ À 11. Income Tax: ¨¸«¸Ä ˆ½Å ¢¥¸‡ ¢ˆÅ¡¸½ Š¸¡¸½ ˆÅ£ œÏ¸¨¸š¸¸›¸¸Ê Ÿ¸Ê \¸¸¥¸» ‚¸¡¸ˆÅ£, ¬¸¿œ¸¢î¸ ˆÅ£ ‚¸¾£ ‚¸¬˜¸¢Š¸÷¸ The provision for tax for the year comprises liability towards current ˆÅ£ ˆÅú ™½¡¸÷¸¸‡¿ ©¸¸¢Ÿ¸¥¸ íÿ. ž¸¸£÷¸ú¡¸ ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ ¬¸¿¬˜¸¸›¸ ×¸£¸ ]¸¸£ú ¥¸½‰¸¸ Income Tax, Wealth Tax and also Deferred Tax. The deferred Ÿ¸¸›¸ˆÅ 22 ˆÅú ©¸÷¸¸½ô ˆ½Å ‚›¸º¬¸¸£ ˆÅ£-¡¸¸½Š¡¸ ‚¸¡¸ ÷¸˜¸¸ ¥¸½‰¸¸ ¡¸¸½Š¡¸ ‚¸¡¸ ˆ½Å ¤¸ú\¸ tax asset / liability is recognized, subject to the consideration ¬¸Ÿ¸¡¸ ‚›÷¸£ ‚¸¾£ ¢¨¸¨¸½ˆÅœ¸»µ¸Ä ¢¨¸\¸¸£ ˆÅú ©¸÷¸Ä ˆ½Å ‚š¸ú›¸ ‚¸¬˜¸¢Š¸÷¸ ˆÅ£ ‚¸¦¬÷¸¡¸¸Ê / of prudence, taking into account the timing differences between ™½¡¸÷¸¸‚¸Ê ˆÅú œ¸í\¸¸›¸ ˆÅú Š¸ƒÄ í¾. ‚¸¬˜¸¢Š¸÷¸ ˆÅ£ ‚¸¦¬÷¸¡¸¸Ê / ™½¡¸÷¸¸‚¸Ê œ¸£ ˆÅ£ ™£¸Ê the taxable income and accounting income, in terms of the Accounting Standard 22 issued by ICAI. The effect of change Ÿ¸Ê œ¸¢£¨¸¢÷¸Ä›¸ ˆ½Å œÏž¸¸¨¸¸Ê ˆÅ¸½ œ¸¢£¨¸÷¸Ä›¸ ˆÅú œÏž¸¸¨¸ú ‚¨¸¢š¸ Ÿ¸Ê ¥¸¸ž¸ ‚¸¾£ í¸¢›¸ ‰¸¸÷¸½ Ÿ¸Ê in tax rates on deferred tax assets and liabilities is recognized ¢›¸š¸¸Ä¢£÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. in the Profit & Loss Account in the period of applicability of the change. ‚¸¬˜¸¢Š¸÷¸ ˆÅ£ ‚¸¦¬÷¸ ‚¸¾£ ™½›¸™¸¢£¡¸¸Ê ˆÅ¸½ ˆÅ£ ™£¸Ê ‚¸¾£ ˆÅ£ ˆÅ¸›¸»›¸¸Ê ˆÅ¸ „œ¸¡¸¸½Š¸ ˆÅ£ˆ½Å Ÿ¸¸œ¸¸ ]¸¸÷¸¸ í¾ ]¸¸½ ¢ˆÅ ÷¸º¥¸›¸ œ¸°¸ ˆÅú ÷¸¸£ú‰¸ ×¸£¸ ‚¢š¸¢›¸¡¸¢Ÿ¸÷¸ ¡¸¸ ¨¸¸¬÷¸¢¨¸ˆÅ Deferred tax assets and liabilities are measured using the tax ³Åœ¸ ¬¸½ ¥¸¸Š¸» ¢ˆÅ‡ Š¸‡ íÿ— rates and tax laws that have been enacted or substantively enacted by the balance sheet date. ‚¸¬˜¸¢Š¸÷¸ ˆÅ£ ‚¸¦¬÷¸ ˆÅú œ¸í\¸¸›¸ „¬¸ ¬¸úŸ¸¸ ÷¸ˆÅ í¾ ]¸¤¸÷¸ˆÅ ¢ˆÅ ž¸¢¨¸«¡¸ Ÿ¸Ê ¬¸¿œ¸¢î¸ ˆ½Å Deferred tax assets are recognized only to the extent there is ¨¸¬¸»¥¸ í¸½›¸½ ˆÅú „¢\¸÷¸ ¢›¸¢ä¸÷¸÷¸¸ í¾— ˆÅ£¸š¸¸›¸ ˆÅ¸›¸»›¸¸Ê ˆ½Å ÷¸í÷¸ ‚¬¸¿÷¸º¢¥¸÷¸ ‚¨¸Ÿ¸»¥¡¸›¸ reasonable certainly that the assets can be realized in future. In ¡¸¸ ‚¸Š¸½ ¥¸¸ƒÄ Š¸ƒÄ í¸¢›¸ ˆ½Å Ÿ¸¸Ÿ¸¥¸¸Ê Ÿ¸Ê, ¬¸ž¸ú ‚¸¬˜¸¢Š¸÷¸ ˆÅ£ ¬¸¿œ¸¢î¸ ˆ½Å¨¸¥¸ ÷¸ž¸ú œ¸í\¸¸›¸ú cases of unabsorbed depreciation or carried forward loss under ]¸¸÷¸ú í¾, ]¸¤¸ ƒ¬¸ ÷¸£í ˆÅú œ¸¢£¬¸¿œ¸¢î¸¡¸¸Ê ˆÅú œ¸»¢÷¸Ä ˆÅú ‚¸ž¸¸¬¸ú ¢›¸¢ä¸÷¸÷¸¸ ¬¸¿÷¸¸½«¸]¸›¸ˆÅ taxation laws, all deferred tax assets are recognized only if there ¬¸¸®¡¸ ˆ½Å ‚¸š¸¸£ œ¸£ ¬¸Ÿ¸¢˜¸Ä÷¸ í¸½÷¸ú í¾. ÷¸º¥¸›¸ œ¸°¸ ˆÅú œÏ÷¡¸½ˆÅ ÷¸¸£ú‰¸ ˆÅ¸½ ‚¸¬˜¸¢Š¸÷¸ is virtual certainty of realization of such assets supported by ˆÅ£ ‚¸¦¬÷¸ ˆÅú ¬¸Ÿ¸ú®¸¸ ˆÅú ]¸¸÷¸ú í¾ ‚¸¾£ £¸¢©¸ ˆÅ¸½ œÏ¢÷¸¢¤¸¿¢¤¸÷¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ „¢\¸÷¸ convincing evidence. Deferred tax assets are reviewed at each ³Åœ¸ ¬¸½ ¬¸Ÿ¸¸¡¸¸½¢]¸÷¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾ ]¸¸½ ¢ˆÅ ¡¸˜¸¸½¢\¸÷¸ / ¨¸\¸ºÄ‚¥¸ ³Åœ¸ ¬¸½ ¨¸¬¸»¥¸ í¸½›¸¸ balance sheet date and appropriately adjusted to reflect the amount that is reasonably/ virtually certain to be realized. ¢›¸¢ä¸÷¸ í¸½. Interest income on refund of Income Tax is accounted for in the ‚¸¡¸ˆÅ£ ˆ½Å ¢£û¿Å” œ¸£ ¤¡¸¸]¸ ‚¸¡¸ ˆÅ¸ ¥¸½‰¸¸¿ˆÅ›¸ „¬¸ ¨¸«¸Ä Ÿ¸Ê ¢¥¸¡¸¸ Š¸¡¸¸ í¾ ]¸¤¸ ¬¸¿¤¸¿¢š¸÷¸ year; the order is passed by the concerned authority. œÏ¸¢š¸ˆÅ¸£ú ×¸£¸ ‚¸™½©¸ œ¸¸¢£÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸. The demand raised by the Income Tax authorities including the ‚¸¡¸ˆÅ£ œÏ¸¢š¸ˆÅ¸¢£¡¸¸Ê ×¸£¸ „“¸ƒÄ Š¸ƒÄ Ÿ¸¸¿Š¸ „¬¸ œ¸£ ¤¡¸¸]¸ ¬¸¢í÷¸ ÷¸¤¸ œÏ™¸›¸ ˆÅú Š¸ƒÄ interest thereon is provided for when such demand is upheld in ]¸¤¸ ‡½¬¸ú Ÿ¸¸¿Š¸ ˆÅ¸½ ™»¬¸£ú ‚œ¸ú¥¸ (‚˜¸¸Ä÷¸ ‚¸ƒÄ’ú‡’ú ×¸£¸) Ÿ¸Ê ˆÅ¸¡¸Ÿ¸ £‰¸¸ Š¸¡¸¸. the second appeal (i.e. by ITAT). 12. Earnings per Share 12. œÏ¢÷¸ ©¸½¡¸£ ‚]¸Ä›¸ À Basic and Diluted earnings per equity share are reported in œÏ¢÷¸ ƒÄ¦Æ¨¸’ú ©¸½¡¸£ Ÿ¸»¥¸ ‚¸¾£ ˆÅŸ¸ ¢ˆÅ‡ Š¸‡ ‚]¸Ä›¸ ˆÅú ¢£œ¸¸½’Ä ž¸¸£÷¸ú¡¸ ¬¸›¸™ú accordance with the Accounting Standard (AS-20) “Earnings ¥¸½‰¸¸ˆÅ¸£ ¬¸¿¬˜¸¸›¸ (‚¸ƒÄ¬¸ú‡‚¸ƒÄ) ×¸£¸ ]¸¸£ú ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ (‡‡¬¸ - 20) - "œÏ¢÷¸ Per Share” issued by ICAI. Basic Earnings per share is arrived ©¸½¡¸£ ‚]¸Ä›¸" ˆ½Å ‚›¸º³Åœ¸ ˆÅú Š¸ƒÄ í¾. œÏ¢÷¸ ©¸½¡¸£ Ÿ¸»¥¸ ˆÅŸ¸¸ƒÄ ˆÅ¸ ¢›¸š¸¸Ä£µ¸ ¢›¸¨¸¥¸ ¥¸¸ž¸ by dividing net profit by the weighted average number of equity ˆÅ¸½ ‚¨¸¢š¸ ˆ½Å ¢¥¸‡ ¤¸ˆÅ¸¡¸¸ ƒ¦Æ¨¸’ú ©¸½¡¸£¸Ê ˆÅú ž¸¸¢£÷¸ ‚¸¾¬¸÷¸ ¬¸¿‰¡¸¸ ¬¸½ ž¸¸Š¸ ™½ˆÅ£ shares outstanding for the period. The diluted earnings per ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. œÏ¢÷¸ ƒ¦Æ¨¸’ú ©¸½¡¸£ ˆÅŸ¸ ¢ˆÅ‡ Š¸‡ ‚]¸Ä›¸ ˆÅú Š¸µ¸›¸¸ ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ equity share are computed using the weighted average number ¤¸ˆÅ¸¡¸¸ ”¸ƒ¥¡¸»¢’¨¸ ƒ¦Æ¨¸’ú ©¸½¡¸£¸Ê ‚¸¾£ ƒ¦Æ¨¸’ú ©¸½¡¸£¸Ê ˆÅú ž¸¸¢£÷¸ ‚¸¾¬¸÷¸ ¬¸¿‰¡¸¸ ˆÅ¸ of equity shares and dilutive potential equity shares outstanding during the period. „œ¸¡¸¸½Š¸ ˆÅ£ ˆÅú Š¸ƒÄ í¾

61 Annual Report 2016-17

‚›¸º¬¸»\¸ú 18 À ‰¸¸÷¸¸Ê œ¸£ ¢’œœ¸¢µ¸¡¸¸¿ SCHEDULE 18: NOTES ON ACCOUNTS (›¸¸½’ - ˆÅ¸½«“ˆÅ Ÿ¸Ê ¢™‡ Š¸‡ ‚¸¿ˆÅ”õ½ ¢œ¸Ž¥¸½ ¨¸«¸Ä ˆ½Å íÿ) (Note: Figures in bracket relate to previous year) 1. œ¸»¿]¸ú 1. Capital: (²Åœ¸‡ ˆÅ£¸½”õ Ÿ¸Ê) (Rs. in Crores) Ÿ¸™Ê 31.03.2017 31.03.16 S. N. Particulars 31.03.2017 31.03.2016 i. ¬¸ú¬¸ú¤¸ú ¬¸¢í÷¸ ¬¸¸Ÿ¸¸›¡¸ ƒ¦Æ¨¸’ú ¢’¡¸£- 1 œ¸»¿]¸ú ˆÅ¸ Common Equity Tier 1 Capital ratio **7.28 7.88 i) **7.28 7.88 ‚›¸ºœ¸¸÷¸(%) including CCB (%) ii) Tier 1 Capital Ratio (%) 9.01 9.02 ii. ¢’¡¸£- 1 œ¸»¿]¸ú ˆÅ¸ ‚›¸ºœ¸¸÷¸ (%) 9.01 9.02 iii) Tier 2 Capital Ratio (%) 2.17 2.18 iii.. ¢’¡¸£- 2 œ¸»¿]¸ú ˆÅ¸ ‚›¸ºœ¸¸÷¸(%) 2.17 2.18 iv. ˆºÅ¥¸ œ¸»¿]¸ú ˆÅ¸ ‚›¸ºœ¸¸÷¸ - (¬¸ú‚¸£‡‚¸£) (%) 11.18 11.20 iv) Total Capital Ratio (CRAR) (%) 11.18 11.20 Percentage of the shareholding of v) 81.61 81.61 v. ž¸¸£÷¸ ¬¸£ˆÅ¸£ ˆÅú ©¸½¡¸£š¸¸¢£÷¸¸ ˆÅ¸ œÏ¢÷¸©¸÷¸ 81.61 81.61 Government of India vi. „Š¸¸íú Š¸ƒÄ ƒ¦Æ¨¸’ú œ¸»¿]¸ú ˆÅú £¸¢©¸ 0.00 105.15 vi) Amount of Equity Capital raised 0.00 105.15 vii ‚¢÷¸¢£Æ÷¸ ¢’¡¸£- 1 œ¸»¿]¸ú ˆÅú £¸¢©¸ (¤¸½Ÿ¸ú¡¸¸™ú †µ¸ œ¸»¿]¸ú Amount of Additional Tier 1 capital 500.00 ©¸»›¡¸ vii) 500.00 Nil ¢¥¸‰¸÷¸ ×¸£¸) (through Perpetual Debt Instruments) viii. „Š¸¸íú Š¸ƒÄ ‚¢÷¸¢£Æ÷¸ ¢’¡¸£- 2 œ¸»¿]¸ú ˆÅú £¸¢©¸ 500.00 ©¸»›¡¸ viii) Amount of Tier 2 Capital raised 500.00 Nil ** ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™›¸¸¿ˆÅ 30 Ÿ¸¸\¸Ä, 2017 ˆ½Å œ¸°¸ ÇÅ. ”ú¤¸ú‚¸£. ¬¸ú‚¸½.¤¸úœ¸ú. **In terms of Reserve Bank of India letter DBR.CO.BP No. ÇÅ.11544/21.01.002/2016-17 ˆ½Å ‚›¸º¬¸¸£ ¢™›¸¸¿ˆÅ 31 Ÿ¸¸\¸Ä, 2017 ˆ½Å ‚›¸º¬¸¸£ ¤¸ÿˆÅ 11544/21.01.002/2016-17 dated March 30,2017 the Bank has ›¸½ ž¸¸£÷¸ ¬¸£ˆÅ¸£ ¬¸½ œÏ¸œ÷¸ ƒ¬¸ £¸©¸ú ˆÅ¸½ ˆÅ¸ÁŸ¸›¸ ƒÄ¦Æ¨¸’ú ’ú¡¸£ 1 (¬¸úƒÄ’ú 1) ˆ½Å ž¸¸Š¸ ˆ½Å considered such amount received from Government of India as a part ³Åœ¸ Ÿ¸Ê Ÿ¸¸›¸¸ í¾. of Common Equity Tier 1 (CET 1) as on March 31, 2017 . ¤¸ÿˆÅ ×¸£¸ ¢›¸]¸ú œ¥¸½¬¸Ÿ¸Ê’ ˆ½Å ‚¸š¸¸£ œ¸£ ¤¸½¬¸¥¸ III ‚›¸º³Åœ¸ ³Å. 500.00 ˆÅ£¸½”õ ˆ½Å Bank has issued Basel III compliant Unsecured, Perpetual, Non- Š¸¾£]¸Ÿ¸¸›¸÷¸ú, ¤¸½¢Ÿ¸¡¸¸™ú, Š¸¾£-œ¸¢£¨¸÷¸Ä›¸ú¡¸ ‚¢÷¸¢£Æ÷¸ ’ú¡¸£ 1(‡’ú-1) ¤¸¸Á›” ÷¸˜¸¸ ¤¸½¬¸¥¸ Convertible Additional Tier 1 (AT-1) Bond of Rs. 500.00 crores, and Basel III compliant Unsecured Non-Convertible Tier 2 Bond of Rs. III ‚›¸º³Åœ¸ ³Å. 500.00 ˆÅ£¸½”õ ˆ½Å Š¸¾£]¸Ÿ¸¸›¸÷¸ú, Š¸¾£-œ¸¢£¨¸÷¸Ä›¸ú¡¸ ’ú¡¸£ 2 ¤¸¸Á›” ]¸¸£ú 500.00 crores on private placement basis. The details are as under: ¢ˆÅ‡ Š¸‡ íÿ. ƒ¬¸ˆÅú ]¸¸›¸ˆÅ¸£ú ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾. Face ¤¸¸Á›” ˆÅú œÏ¢÷¸ ¤¸¸Á›” ‚¿¢ˆÅ÷¸ No. of Value Coupon ¢¥¸‰¸÷¸ ˆÅ¸ ›¸¸Ÿ¸ ‚¸ƒÄ‡¬¸‚¸ƒÄ‡›¸ ]¸¸£ú ˆÅ¸ ¢™›¸¸¿ˆÅ ˆ»Åœ¸›¸ % Instrument Name ISIN Date of Issue ¬¸¿‰¡¸¸ Ÿ¸»¥¡¸ ³Å. Bonds per bond (%) ‡’ú-1 ¤¸½¢Ÿ¸¡¸¸™ú Rs. AT-1 Perpetual Bond ¤¸¸Á›” ¢¬¸£ú]¸ - ‚¸ƒÄ‡›¸ƒÄ 457‡08043 15.12.2016 5000 10 ¥¸¸‰¸ 11.60 INE457A08043 15.12.2016 5000 10 Lakh 11.60 II (¤¸½¬¸¥¸ III) Series- II (Basel III) Tier –2 Bond Series – ’ú¡¸£ - 2 ¤¸¸Á›” INE457A08035 27.06.2016 5000 10 Lakh 9.20 I (Basel III) ¢¬¸£ú]¸ + I ‚¸ƒÄ‡›¸ƒÄ 457‡08035 27.06.2016 5000 10 ¥¸¸‰¸ 9.20 (¤¸½¬¸¥¸ III) 2. Investments: 2. ¢›¸¨¸½©¸ The Bank has classified the investment portfolio into three categories i.e. “Held to Maturity (HTM)”, “Available for Sale (AFS)”, and “Held for ¤¸ÿˆÅ ›¸½ ¢›¸¨¸½©¸ ¬¸¿¢¨¸ž¸¸Š¸ ˆÅ¸½ ÇÅŸ¸©¸À "œ¸¢£œ¸Æ¨¸÷¸¸ ÷¸ˆÅ š¸¸¢£÷¸' (‡\¸’ú‡Ÿ¸), `¢¤¸ÇÅú í½÷¸º Trading (HFT)” and valued the investments in terms of the Reserve „œ¸¥¸¤š¸' (‡‡ûÅ‡¬¸) ‚¸¾£ '¨¡¸¸œ¸¸£ í½÷¸º š¸¸¢£÷¸' (‡\¸‡ûÅ’ú) ÷¸ú›¸ ª½¢µ¸¡¸¸Ê Ÿ¸Ê ¨¸Š¸úÄˆ¼Å÷¸ Bank of India (RBI) guidelines. ¢ˆÅ¡¸¸ í¾ ‚¸¾£ ž¸¸£÷¸ú¡¸ ¢£]¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸½¿ ˆ½Å ‚›¸º¬¸¸£ ¢›¸¨¸½©¸¸½¿ ˆÅ¸ Ÿ¸»¥¡¸›¸ ¢ˆÅ¡¸¸ í¾— (Rs in Crores) (²Åœ¸‡ ˆÅ£¸½”õ Ÿ¸Ê) Category 31.03.2017 31.03.2016 ª½µ¸ú 31.03.2017 31.03.2016 HTM 29973.12 28528.82 œ¸¢£œ¸Æ¨¸÷¸¸ ÷¸ˆÅ š¸¸¢£÷¸ 29973.12 28528.82 AFS 8616.81 7702.05 ¢¤¸ÇÅú í½÷¸º „œ¸¥¸¤š¸ 8616.81 7702.05 HFT 0.25 0.00 ¨¡¸¸œ¸¸£ í½÷¸º š¸¸¢£÷¸ 0.25 0.00 Total Investment 38590.18 36230.87 ˆºÅ¥¸ ¢›¸¨¸½©¸ 38590.18 36230.87 2.1 The Total Investments of Bank, as under, are made in India 2.1 ¤¸ÿˆÅ ˆ½Å ˆºÅ¥¸ ¢›¸¨¸½©¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿ. ¬¸ž¸ú ¢›¸¨¸½©¸ ž¸¸£÷¸ Ÿ¸Ê ¢ˆÅ‡ Š¸‡ íÿ ž¸¸£÷¸ and no Investments are made outside India: ˆ½Å ¤¸¸í£ ¢›¸¨¸½©¸ ›¸íú¿ íÿ. (Rs. in Crores) (²Åœ¸‡ ˆÅ£¸½”õ Ÿ¸Ê) Items 31.03.2017 31.03.2016 (1) Value of Investments Ÿ¸™Ê 31.03.2017 31.03.2016 (i) Gross Value of Investments 38841.56 36331.92 (1) ¢›¸¨¸½©¸¸Ê ˆÅ¸ Ÿ¸»¥¡¸ (i) ¢›¸¨¸½©¸¸Ê ˆÅ¸ ¬¸ˆÅ¥¸ Ÿ¸»¥¡¸ 38841.56 36331.92 (ii) Provisions for Depreciation 251.38 101.05 (ii) Ÿ¸»¥¡¸Ý¸¬¸ í½÷¸º œÏ¸¨¸š¸¸›¸ 251.38 101.05 (iii) Net Value of Investments 38590.18 36230.87 ( iii) ¢›¸¨¸½©¸¸Ê ˆÅ¸ ¢›¸¨¸¥¸ Ÿ¸»¥¡¸ 38590.18 36230.87 (2) Movement of provisions held towards depreciation on investments (i) Opening balance 101.05 54.23 (2) ¢›¸¨¸½©¸¸Ê œ¸£ Ÿ¸»¥¡¸Ý¸¬¸ í½÷¸º š¸¸¢£÷¸ œÏ¸¨¸š¸¸›¸¸Ê ˆÅú Š¸¢÷¸©¸ú¥¸÷¸¸ (i) œÏ¸£¿¢ž¸ˆÅ ©¸½«¸ 101.05 54.23 (ii) Add: Provisions made during the year 158.89 51.99 (iii) Less: Write off/ Write-back of excess provisions (ii) ]¸¸½”õ½¿ À ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¢ˆÅ‡ Š¸‡ œÏ¸¨¸š¸¸›¸ 158.89 51.99 8.56 5.17 (iii) ‹¸’¸‡¿ À ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œ¸º›¸¥¸½Ä‰¸¸¿¢ˆÅ÷¸ ¢ˆÅ‡ Š¸‡ /¤¸’Ã’½ ‰¸¸÷¸½ during the year ”¸¥¸½ Š¸‡ ‚¢š¸ˆÅ œÏ¸¨¸š¸¸›¸ 8.56 5.17 (iv) Provision used for Written-off 0.00 0 (iv) ¤¸’Ã’½ ‰¸¸÷¸½ í½÷¸º œÏ¡¸ºÆ÷¸ œÏ¸¨¸š¸¸›¸ 0 0 (vi) Closing balance 251.38 101.05 (v) ‚¿¢÷¸Ÿ¸ ©¸½«¸ 251.38 101.05

62 Jeeef

¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ×¸£¸ ‡\¸‡ûÅ’ú ª½µ¸ú ¬¸½ ‡‡ûÅ‡¬¸ ª½µ¸ú Ÿ¸Ê œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ During the financial year 2016-17, the Bank has not shifted securities ‚¿÷¸¢£÷¸ ›¸íú¿ ˆÅú Š¸ƒÄ. ¬¸¸˜¸ íú ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ×¸£¸ ‡‡ûÅ‡¬¸ ÷¸˜¸¸ from HFT category to AFS category. Also, during the FY 2016-17, the ‡\¸‡ûÅ’ú ª½µ¸ú ¬¸½ ‡\¸’ú‡Ÿ¸ ª½µ¸ú Ÿ¸Ê œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ ‚¿÷¸¢£÷¸ ›¸íú¿ ˆÅú Š¸ƒÄ. Bank has not shifted securities from AFS and HFT categories to HTM Category. ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ›¸½ ‡\¸’ú‡Ÿ¸ ª½µ¸ú ¬¸½ ‡‡ûÅ‡¬¸ ª½µ¸ú Ÿ¸Ê ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä During the FY 2016-17, the Bank has transferred securities from ¤¸ÿˆÅ ˆ½Å ¢™›¸¸¿ˆÅ 01.07.2015 ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ‚¸£¤¸ú‚¸ƒÄ/2015-16/97 ”ú¤¸ú‚¸£ ÇÅ. HTM category to AFS category amounting to Rs. 3158.65 crores (Rs. ¤¸úœ¸ú.¤¸ú¬¸ú.6/21.04.141/2015-16 ˆ½Å ‚›¸º¬¸¸£ ‡½¬¸½ ‚¿÷¸£µ¸ ˆ½Å ˆÅ¸£µ¸ ²Å.3158.65 1321.20 crores) and charged to Profit & Loss depreciation amounting ˆÅ£¸½”õ (³Å.1321.20 ˆÅ£¸½”õ) ÷¸˜¸¸ ¥¸¸ž¸ ¨¸ í¸¢›¸ Ÿ¸»¥¡¸Ý¸¬¸ £¸¢©¸ ˆ½Å ¢¥¸‡ ³Å. ©¸»›¡¸ £¸¢©¸ to Rs. Nil due to such transfer taking in terms of RBI guidelines ˆÅú œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ ‚¿÷¸¢£÷¸ ˆÅú Š¸ƒÄ. RBI/2015-16/97 DBR No BP. BC.6/21.04.141/2015-16 dated 1.7.2015. 2.2 £½œ¸¸½ ¬¸¿¨¡¸¨¸í¸£ (‚¿¢ˆÅ÷¸ Ÿ¸»¥¡¸ ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê) 2.2 Repo Transactions (In face value terms) (Rs. in Crores) (²Åœ¸¡¸½ ˆÅ£¸½”õ Ÿ¸Ê) Daily Minimum Maximum ¨¸«¸Ä ˆ½Å ¨¸«¸Ä ˆ½Å ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ 31 Ÿ¸¸\¸Ä, average As on outstand- outstand- ¤¡¸¸¾£½ ™¸¾£¸›¸ ™¸¾£¸›¸ ‚¸¾¬¸÷¸ ™¾¢›¸ˆÅ 2017 Particulars outstand- March 31, ing during ing during ›¡¸»›¸÷¸Ÿ¸ ‚¢š¸ˆÅ÷¸Ÿ¸ ¤¸ˆÅ¸¡¸¸ ˆÅ¸½ ing during 2017 the year the year ¤¸ˆÅ¸¡¸¸ ¤¸ˆÅ¸¡¸¸ the year £½œ¸¸½ ˆ½Å ‚š¸ú›¸ ¤¸½\¸ú œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ Securities sold under repo i. ¬¸£ˆÅ¸£ú œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ ©¸»›¡¸ 300.00 53.00 ©¸»›¡¸ i. Government Securities Nil 300.00 53.00 Nil ˆÅ. £½œ¸¸½ „š¸¸¢£¡¸¸¿ (‡¥¸‡‡ûÅ) ©¸»›¡¸ (1000.00) (106.00) (500.00) a) Repo Borrowing (LAF) (Nil) (1000.00) (106.00) (500.00) ‰¸. £½œ¸¸½ „š¸¸¢£¡¸¸¿ (Ÿ¸ú¡¸¸™ú) ©¸»›¡¸ 5000.00 21.00 ©¸»›¡¸ b) Repo Borrowing (Term) Nil 5000.00 21.00 Nil (©¸»›¡¸) (3029.00) (478.00) (©¸»›¡¸) (Nil) (3029.00) (478.00) (Nil) ii.ˆÅ¸œ¸¸½Ä£½’ †µ¸ œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ ©¸»›¡¸ ©¸»›¡¸ ©¸»›¡¸ ©¸»›¡¸ (©¸»›¡¸) (©¸»›¡¸) (©¸»›¡¸) (©¸»›¡¸) ii. Corporate debt securities Nil Nil Nil Nil ¢£¨¸¬¸Ä-£½œ¸¸½ ˆ½Å ‚¿÷¸Š¸Ä÷¸ ÇÅ¡¸ œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ (Nil) (Nil) (Nil) (Nil) i. ¬¸£ˆÅ¸£ú œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ ©¸»›¡¸ 19480.00 3494.00 7450.00 Securities purchased under ii. ˆÅ¸œ¸¸½Ä£½’ †µ¸ œÏ¢÷¸ž¸»¢÷¸¡¸¸¿ (©¸»›¡¸) (2575.00) (250.00) (1200.00) reverse repo ©¸»›¡¸ ©¸»›¡¸ ©¸»›¡¸ ©¸»›¡¸ i. Government Securities Nil 19480.00 3494.00 7450.00 (©¸»›¡¸) (©¸»›¡¸) (©¸»›¡¸) (©¸»›¡¸) (Nil) (2575.00) (250.00) (1200.00) ii. Corporate debt securities Nil Nil Nil Nil 2.3 Š¸¾£-‡¬¸‡¥¸‚¸£ ¢›¸¨¸½©¸¸Ê ˆÅ¸ ¬¸¿¢¨¸ž¸¸Š¸À (Nil) (Nil) (Nil) (Nil) 2.3.1 Š¸¾£ ‡¬¸‡¥¸‚¸£ ¢›¸¨¸½©¸¸Ê ˆÅ¸ ¢›¸Š¸ÄŸ¸ˆÅ÷¸¸Ä¨¸¸£ ¬¸¿¢Ÿ¸ª 2.3 Non-SLR Investment Portfolio (³Åœ¸¡¸½ ˆÅ£¸½”õ Ÿ¸Ê) 2.3.1 Issuer composition of Non-SLR Investments ÇÅ. ¢›¸Š¸ÄŸ¸ˆÅ÷¸¸Ä £ˆÅŸ¸ ¢›¸]¸ú œ¥¸½¬¸Ÿ¸Ê’ ¢›¸¨¸½©¸ ¬¸½ ˆÅŸ¸ ŠÏ½” Š¸¾£ÇÅŸ¸ ¨¸¸¥¸ú ‚¬¸»\¸ú¤¸š™ ˆÅ¸ ¢¨¸¬÷¸¸£ ¨¸¸¥¸ú œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê (Rs. in Crores) ˆÅ¸ ¢¨¸¬÷¸¸£ ¢¨¸¬÷¸¸£ ˆÅ¸ ¢¨¸¬÷¸¸£ No. Issuer Amount Extent of Extent of 'Below Extent of Extent of Private Investment ‘Unrated’ ‘Unlisted’ (1) (2) (3) (4) (5) (6) (7) Placement Grade' Securities Securities (i) ¬¸¸¨¸Ä]¸¢›¸ˆÅ ®¸½°¸ ˆ½Å „œ¸ÇÅŸ¸ 394.12 379.25 0.00 0.00 0.00 Securities (171.09) (153.99) (0.00) (0.00) (0.00) (1) (2) (3) (4) (5) (6) (7) ¢¨¸î¸ú¡¸ ¬¸¿¬˜¸¸‡ 56.69 6.86 0.00 0.00 0.00 (ii) 394.12 379.25 0.00 0.00 0.00 (46.17) (5.75) (0.00) (0.00) (0.00) (i) PSUs (171.09) (153.99) (0.00) (0.00) (0.00) (iii) ¤¸ÿˆÅ 3233.85 3224.63 0.00 0.00 0.00 56.69 6.86 0.00 0.00 0.00 (1666.14) (1651.33) (0.00) (0.00) (0.00) (ii) FIs (46.17) (5.75) (0.00) (0.00) (0.00) (iv) ¢›¸]¸ú ¢›¸Š¸¢Ÿ¸÷¸ ¢›¸ˆÅ¸¡¸ 931.47 897.41 179.91 0.00 0.00 (957.94) (890.98) (182.93) (0.00) (0.00) 3233.85 3224.63 15.00 0.00 0.00 (iii) Banks (1666.14) (1651.33) (0.00) (0.00) (0.00) (v) ¬¸í¸¡¸ˆÅ / ¬¸¿¡¸ºÆ÷¸ „Ô¸Ÿ¸ 83.53 ¥¸¸Š¸» ›¸íú¿ ¥¸¸Š¸» ›¸íú¿ ¥¸¸Š¸» ›¸íú¿ 83.53 (83.53) (83.53) ¥¸¸Š¸» ›¸íú¿ ¥¸¸Š¸» ›¸íú¿ ¥¸¸Š¸» ›¸íú¿ (iv) Private Corporate 931.47 897.41 179.91 0.00 0.00 (vi) ‚›¡¸ 2528.88 2494.00 0.00 0.00 0.00 (957.94) (890.98) (182.93) (0.00) (0.00) (3186.70) (3175.70) (9.90) (0.00) (0.00) Subsidiaries/ Joint 83.53 83.53 N.A. N.A. N.A. (v) Ventures (83.53) (83.53) N.A. N.A. N.A. „œ¸ ]¸¸½”õ 7228.54 7085.68 194.91 0.00 0.00 (6111.57) (5961.26) (192.83) (0.00) (0.00) (vi) Others 2528.88 2494.00 0.00 0.00 0.00 (vii) ˆ½Å ¢¥¸‡ š¸¸¢£÷¸ œÏ¸¨¸š¸¸›¸ (3186.70) (3175.70) (9.90) (0.00) (0.00) 1 Ÿ¸»¥¡¸Ý¸¬¸ 13.60 SUB TOTAL 7228.54 7085.68 194.91 0.00 0.00 (20.95) (6111.57) (5961.28) (192.83) (0.00) (0.00) 2 ‡›¸œ¸ú‚¸ƒÄ 187.66 (vii) Provision held towards 13.60 (56.12) (i) Depreciation (20.95) 3 œ¸º›¸¬¸ô£¢\¸÷¸ ‰¸¸÷¸½ 15.01 (ii) NPI 187.66 XXX XXX XXX XXX ‡ûÅ‚¸ƒÄ’ú‡¥¸ ƒ÷¡¸¸¢™ (8.63) (56.12) 4 ‡¬¸”ú‚¸£ ‰¸¸÷¸¸Ê Ÿ¸Ê 15.01 (iii) Restructured 15.01 XXX XXX XXX XXX ‡Ÿ¸’ú‡Ÿ¸ Ÿ¸»¥¡¸Ý¸¬¸ œ¸£ (0.81) Account FITL etc (8.63) ¢ˆÅ¡¸¸ Š¸¡¸¸ œÏ¸¨¸š¸¸›¸ (iv) Provision Made on 15.01 ˆºÅ¥¸ 6991.33 7085.68 194.91 0.00 0.00 MTM Depreciation in (0.81) SDR Accounts (6025.06) (5961.28) (192.83) (0.00) (0.00) 6991.33 7085.68 194.91 0.00 0.00 Total ¢’œœ¸µ¸ú À (6025.06) (5961.28) (192.83) (0.00) (0.00) i) „Æ÷¸ (v) Ÿ¸Ê `¬¸í¸¡¸ˆÅ ¬¸¿¬˜¸¸‡¿/¬¸¿¡¸ºÆ÷¸ „Ô¸Ÿ¸ í¸½›¸½ ˆ½Å ˆÅ¸£µ¸ ÷¸˜¸¸ (vi) Ÿ¸Ê ‚›¡¸ í¸½›¸½ Note: ˆ½Å ˆÅ¸£µ¸ ¢›¸¨¸½©¸ ž¸¸£÷¸ú¡¸ ¢£]¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ £½¢’¿Š¸ ¨¸ ¢¥¸¦¬’¿Š¸ Investments as in (v) being “Subsidiaries / Joint Ventures, & (vi) being ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ¬¸½ Ÿ¸ºÆ÷¸ í¾— “Others” are exempt from rating & listing requirements as per RBI guidelines.

63 Annual Report 2016-17

ˆÅ¸Á¥¸Ÿ¸ 4, 5, 6 ¨¸ 7 Ÿ¸Ê ¢£œ¸¸½’Ä ˆÅú Š¸ƒÄ £¸¢©¸ œ¸£¬œ¸£ ‚¬¸¿¤¸š™ ›¸íú¿ í¾. Amounts reported under columns 4, 5, 6 & 7 may not be mutually exclusive. ˆºÅ¥¸ ²Å.6991.33 ˆÅ£¸½”õ (²Å.6025.06 ˆÅ£¸½”õ) ˆ½Å ˆºÅ¥¸ ¢›¸¨¸½©¸ Ÿ¸Ê ²Å.875.61 ˆÅ£¸½”õ The total investment of Rs. 6991.33 crores (Rs. 6025.06 crores) (²Å.1194.93 ˆÅ£¸½”õ) ˆ½Å £¸]¸¬˜¸¸›¸ ¬œ¸½©¸¥¸ ¤¸¸Áµ” ²Å.153.76 ˆÅ£¸½”õ (²Å.284.63 includes Rajasthan Special Bonds of Rs. 875.61 crores (Rs 1194.93 ˆÅ£¸½”õ) ˆ½Å ¡¸»œ¸ú ¬’½’ œ¸¸Á¨¸£ ¤¸¸Áµ” ²Å.199.59 ˆÅ£¸½”õ (²Å. 199.59 ˆÅ£¸½”õ) ˆ½Å í¢£¡¸¸µ¸¸ crores) UP state Power Bonds of Rs. 153.76 crores (Rs 284.63 crores) Haryana State Special Bonds Rs. 199.59 crores (Rs.199.59 crores) ¬’½’ ¬œ¸½©¸¥¸ ¤¸¸Á›”, ²Å.276.58 ˆÅ£¸½”õ (²Å. 439.99 ˆÅ£¸½”õ) ˆ½Å œ¸¿]¸¸¤¸ ¬’½’ ¬œ¸½©¸¥¸ ¤¸¸Á›” Punjab State Special bonds Rs 276.58 crores (Rs. 439.99 crores) ©¸¸¢Ÿ¸¥¸ íÿ. ÷¸º¥¸›¸ œ¸°¸ ˆÅú ‚›¸º¬¸»\¸ú 8 Ÿ¸Ê ƒ›íÊ ¬¸£ˆÅ¸£ú œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê Ÿ¸Ê ©¸¸¢Ÿ¸¥¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. The same has been included in Govt. Securities in Schedule 8 to the Balance Sheet. 2.3.2 ‚›¸]¸ÄˆÅ Š¸¾£ ‡¬¸‡¥¸‚¸£ ¢›¸¨¸½©¸ (³Åœ¸¡¸½ ˆÅ£¸½”õ Ÿ¸Ê) 2.3.2 Non performing Non-SLR investments (Rs. In Crores) ¤¡¸¸¾£Ê 31.03.2017 31.03.2016 Particulars 31.03.2017 31.03.2016 œÏ¸£¿¢ž¸ˆÅ ©¸½«¸ 102.31 86.30 Opening balance 102.31 86.30 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œ¸¢£¨¸š¸Ä›¸ 569.15 16.01 Additions during the year 569.15 16.01 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ˆÅŸ¸ú 16.01 0.00 Reductions during the year 16.01 0.00 ‚¿¢÷¸Ÿ¸ ©¸½«¸ 655.45 102.31 Closing balance 655.45 102.31 Total provisions held 187.66 56.12 ¢ˆÅ‡ Š¸‡ ˆºÅ¥¸ œÏ¸¨¸š¸¸›¸ 187.66 56.12 As per RBI letter DBR.BP.No.11657/21.04.132/2015-16 dated ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™›¸¸¿ˆÅ 17.03.2016 ˆ½Å œ¸°¸ ÇÅ. ”ú¤¸ú‚¸£.¤¸úœ¸ú. 17.03.2016, Investment amounting to Rs. 476.80 crores in UDAY ÇÅ.11657/21.04.132/2015-16 ˆ½Å ‚›¸º¬¸¸£, ¡¸»”ú‡¨¸¸¡¸ ¤¸¸Á›” Ÿ¸Ê ³Å.476.80 bonds is treated as NPI and provision at 25% amounting to Rs. 119.20 ˆÅ£¸½”õ ˆÅú ¢›¸¨¸½©¸ £¸¢©¸ ‡›¸œ¸ú‚¸ƒÄ Ÿ¸¸›¸ú Š¸ƒÄ ‚¸¾£ „¬¸œ¸£ 25% ˆÅ¸ œÏ¸¨¸š¸¸›¸ ¢ˆÅ¡¸¸ crores is made on the same. Š¸¡¸¸ í¾, ]¸¸½ ˆÅú ²Å. 119.20 ˆÅ£¸½” í¸½÷¸¸ í¾. 2.4 The value of the sales and transfer of securities to / from HTM category during the financial year 2016-17, excluding onetime 2.4 ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016 -17 ˆ½Å ™¸¾£¸›¸ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ˆ½Å ‚›¸º™¸›¸ ¬¸½ ‡ˆÅ¤¸¸£Š¸ú ‚¿÷¸£µ¸ transfer with the approval of the Board, sales to RBI under pre ˆÅ¸½ Ž¸½”õˆÅ£ ‡\¸’ú‡Ÿ¸ ª½µ¸ú ¬¸½/ˆÅ¸½ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆ½Å ¢¨¸ÇÅ¡¸ ‚¸¾£ ‚¿÷¸£µ¸ ˆÅ¸ Ÿ¸»¥¡¸ announced OMO auctions and as permitted by RBI, does not ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ‚›¸ºŸ¸÷¸ ¢ˆÅ‡ ‚›¸º¬¸¸£ ‚¸¾£ ‚¸½‡Ÿ¸‚¸½ ›¸ú¥¸¸¢Ÿ¸¡¸¸Ê Ÿ¸Ê œ¸»¨¸Ä exceed 5 percent of the book value of the investments in HTM ‹¸¸½¢«¸÷¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆÅ¸½ ¢¨¸ÇÅ¡¸ ¨¸«¸Ä ˆ½Å ‚¸£¿ž¸ Ÿ¸Ê ‡\¸’ú‡Ÿ¸ ª½µ¸ú category at the beginning of the year. Ÿ¸Ê ¢›¸¨¸½©¸¸Ê ˆ½Å ¤¸íú Ÿ¸»¥¡¸ ˆ½Å 5 œÏ¢÷¸©¸÷¸ ¬¸½ ‚¢š¸ˆÅ ›¸íú¿ í¸½›¸¸ \¸¸¢í‡. Profit on sale of investments in HTM category should be first taken to the Profit & Loss Account, and thereafter be appropriated ‡\¸’ú‡Ÿ¸ ª½µ¸ú ›¸½ ¢›¸¨¸½©¸¸Ê ˆ½Å ¢¨¸ÇÅ¡¸ œ¸£ ¥¸¸ž¸ ˆÅ¸½ œ¸í¥¸½ ¥¸¸ž¸ ¨¸ í¸¢›¸ ‰¸¸÷¸½ Ÿ¸Ê ¢¥¸¡¸¸ to the ‘Capital Reserve Account’ after netting off taxes and ]¸¸›¸¸ \¸¸¢í‡ ‚¸¾£ „¬¸ˆ½Å ¤¸¸™ ƒ¬¸½ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™›¸¸¿ˆÅ 07 ]¸›¸¨¸£ú, 2014 amount required to be transferred to Statutory Reserves as per ˆ½Å œ¸¢£œ¸°¸ ÇÅ. ‚¸£œ¸ú¬¸ú”ú.¬¸ú‚¸½.‚¸£‚¸£¤¸ú.¤¸ú¬¸ú.ÇÅ.74 / 03.05.33 / 2013- RBI circular RPCD.CO.RRB.BC.No. 74/03.05.33/2013-14 dated 14 ˆ½Å ‚›¸º¬¸¸£ ¬¸¸¿¢¨¸¢š¸ˆÅ ‚¸£¢®¸¢÷¸¡¸¸Ê ˆÅ¸½ ‚¿÷¸¢£÷¸ ¢ˆÅ‡ ]¸¸›¸½ í½÷¸º ‚œ¸½¢®¸÷¸ £¸¢©¸ 7th January 2014. ‚¸¾£ ˆÅ£¸Ê ˆÅ¸ ¬¸Ÿ¸¸¡¸¸½]¸›¸ (›¸½¢’¿Š¸ ‚¸ÁûÅ) ˆÅ£›¸½ ˆ½Å œ¸ä¸¸÷¸ œ¸»¿]¸ú ‚¸£¢®¸¢÷¸ ‰¸¸÷¸½ ˆÅ¸½ As per RBI guidelines, an amount of Rs. 87.25 crores net of taxes being profit on sale of investment in ‘Held to Maturity’ category is ¬¸Ÿ¸¸¡¸¸½¢]¸÷¸ ¢ˆÅ¡¸¸ ]¸¸‡. transferred to Capital Reserve. In the previous FY i.e. 2015-16, ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸ ¢›¸™½Ä©¸¸½ ˆ½Å ‚›¸º¬¸¸£ œ¸¢£œ¸Æ¨¸÷¸¸ ÷¸ˆÅ š¸¸¢£÷¸' ª½µ¸ú amount of Rs. 28.83 crores net of taxes and appropriate transfer ` to statutory reserve had been transferred to capital reserve Ÿ¸½¿ ¢›¸¨¸½©¸ ˆ½Å ¢¨¸ÇÅ¡¸ œ¸£ ¥¸¸ž¸ ¬¸½ ˆÅ£ œ¸£ ¢›¸¨¸¥¸ ²Å. 87.25 ˆÅ£¸½” ˆÅú £¸¢©¸ œ¸»¿]¸ú 2.5 The Bank has amortized Rs.62.55 crores during the year (Rs. ‚¸£¢®¸÷¸ú ˆÅ¸½ ‚¿÷¸¢£÷¸ ˆÅú Š¸ƒÄ.¢œ¸Ž¥¸½ ¢¨¸î¸ú¡¸ ¨¸«¸Ä ‚˜¸¸Ä÷¸ 2015-16 Ÿ¸½¿ ˆÅ£ œ¸£ 52.46 crores) for securities classified under ‘Held to Maturity’ ¢›¸¨¸¥¸ ²Å. 28.83 ˆÅ£¸½”õ ˆÅú £¸¢©¸ ÷¸˜¸¸ ¬¸¸¿¢¨¸¢š¸ˆÅ ‚¸£¢®¸¢÷¸ ˆÅ¸½ „œ¸¡¸ºÆ÷¸ ‚¿÷¸£µ¸ ˆÅú category, and the amount has been charged to Profit & Loss £¸¢©¸ œ¸¿»]¸ú ‚¸£¢®¸¢÷¸ ˆÅ¸½ ‚¿÷¸¢£÷¸ ˆÅú Š¸ƒÄ. account by reducing the value of respective securities to that extent. 2.5 ¤¸ÿˆÅ ›¸½ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ `œ¸¢£œ¸Æ¨¸÷¸¸ ÷¸ˆÅ š¸¸¢£÷¸' ª½µ¸ú Ÿ¸Ê ¨¸Š¸úÄˆ¼Å÷¸ ²Å.62.55 ˆÅ£¸½”õ 2.6 During the current financial year 2016-17, an amount of Rs. (²Å.52.46 ˆÅ£¸½”õ) ˆÅú œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸ œ¸¢£©¸¸½š¸›¸ ¢ˆÅ¡¸¸ ‚¸¾£ ¬¸¿¤¸¿¢š¸÷¸ œÏ¢÷¸ž¸»¢÷¸ ˆ½Å 8.12 crores net of taxes has been drawn down from Investment Ÿ¸»¥¡¸ ˆÅ¸½ „¬¸ ¬¸úŸ¸¸ ÷¸ˆÅ ˆÅŸ¸ ˆÅ£÷¸½ íº‡ £ˆÅŸ¸ ˆÅ¸½ ¥¸¸ž¸-í¸¢›¸ ‰¸¸÷¸½ Ÿ¸Ê œÏž¸¸¢£÷¸ ¢ˆÅ¡¸¸. Reserve Account on account of depreciation required to be 2.6 \¸¸¥¸» ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ˆÅ£¸Ê ˆ½Å ¢›¸¨¸¥¸ ˆÅú ²Å.8.12 ˆÅ£¸½”õ ˆÅú £¸¢©¸ ‡‡ûÅ‡¬¸ made for investment held under AFS & HFT categories. ‚¸¾£ ‡¬¸’ú‡ûÅ ª½¢µ¸¡¸¸Ê ˆ½Å ‚¿÷¸Š¸Ä÷¸ š¸¸¢£÷¸ ¢›¸¨¸½©¸ ˆ½Å ¢¥¸‡ ¢ˆÅ‡ ]¸¸›¸½ í½÷¸º ‚œ¸½¢®¸÷¸ In the previous FY i.e. 2015-16, amount of Rs. 12.96 crores net of taxes and appropriate transfer to statutory reserve had Ÿ¸»¥¡¸Ý¸¬¸ ˆ½Å ˆÅ¸£µ¸ ‚¸£¢®¸÷¸ ¢›¸¨¸½©¸ ‰¸¸÷¸½ ¬¸½ ‚¸í¢£÷¸ ˆÅú Š¸ƒÄ. been drawn down from Investment Reserve on account of ¢¨¸Š¸÷¸ ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2015-16 Ÿ¸Ê, ˆÅ£¸Ê ˆ½Å ¢›¸¨¸¥¸ ³Å.12.96 ˆÅ£¸½”õ ˆÅú £¸¢©¸ ÷¸˜¸¸ depreciation required to be made for investment held under AFS ¬¸¸¿¢¨¸¢š¸ˆÅ ‚¸£¢®¸÷¸ ˆ½Å „œ¸¡¸ºÆ÷¸ ‚¿÷¸£µ¸ ‡‡ûÅ‡¬¸ ‚¸¾£ ‡¬¸’ú‡ûÅ ª½¢µ¸¡¸¸Ê ˆ½Å & HFT categories ‚¿÷¸Š¸Ä÷¸ š¸¸¢£÷¸ ¢›¸¨¸½©¸ ˆ½Å ¢¥¸‡ ¢ˆÅ‡ ]¸¸›¸½ í½÷¸º ‚œ¸½¢®¸÷¸ Ÿ¸»¥¡¸Ý¸¬¸ ˆ½Å ˆÅ¸£µ¸ ‚¸£¢®¸÷¸ 3. Derivatives: ¢›¸¨¸½©¸ ¬¸½ ‚¸í¢£÷¸ ˆÅú Š¸ƒÄ. 3.1 Forward Rate Agreement / Interest Rate Swap (Rs. in Crores) 3 ”½¢£¨¸½¢’¨¸À Items 31.03.2017 31.03.2016 3.1 ¨¸¸¡¸™¸ ™£ ˆÅ£¸£ / ¤¡¸¸]¸ ™£ ¬¨¸¾œ¸ (²Å. ˆÅ£¸½” Ÿ¸Ê) i) The notional principal of swap 100.00 425.00 agreements Ÿ¸™Ê 31.03.2017 31.03.2016 ii) Losses which would be incurred i) ¬¨¸¾œ¸ ˆÅ£¸£¸Ê ˆÅ¸ ˆÅ¦¥œ¸÷¸ Ÿ¸»¥¸š¸›¸ 100.00 425.00 if counterparties failed to fulfill their Nil Nil ii) ¡¸¢™ œÏ¢÷¸œ¸®¸ ˆÅ£¸£¸Ê ˆ½Å ‚¿÷¸Š¸Ä÷¸ ‚œ¸›¸½ ™¸¢¡¸÷¨¸¸Ê ˆÅ¸½ œ¸»£¸ ›¸ ©¸»›¡¸ obligations under the agreements ©¸»›¡¸ iii) Collateral required by the Bank upon ˆÅ£Ê ÷¸¸½ ƒ¬¸ ¦¬˜¸¢÷¸ Ÿ¸Ê í¸½›¸½ ¨¸¸¥¸ú í¸¢›¸¡¸¸¿ Nil Nil entering into swaps iii) ¬¨¸¾œ¸ ˆÅ£¸£ í½÷¸º ¤¸ÿˆÅ ¬¸½ ‚œ¸½¢®¸÷¸ ¬¸¿œ¸¸¢æ¸ÄˆÅ ©¸»›¡¸ ©¸»›¡¸ iv) Concentration of credit risk arising Nil Nil iv) ¬¨¸¾œ¸ ¬¸½ „÷œ¸››¸ †µ¸ ]¸¸½¢‰¸Ÿ¸ ‡ˆÅ°¸úˆÅ£µ¸ ©¸»›¡¸ ©¸»›¡¸ from the swaps v) The fair value of the swap book (+) v) ¬¨¸¾œ¸ ¤¸íú ˆÅ¸ „¢\¸÷¸ Ÿ¸»¥¡¸ (+) œÏ¸¦œ÷¸/(-) ™½¡¸ (-) 0.46 (-)0.84 (-) 0.46 (-) 0.84 To receive / (-) To pay

64 Jeeef

¤¸ÿˆÅ ›¸½ ‚¸ƒÄ‚¸£‡¬¸/‡ûÅ‚¸£‡ í½÷¸º ›¸ú¢÷¸ ¢™©¸¸¢›¸™½Ä©¸ ¢›¸š¸¸Ä¢£÷¸ ¢ˆÅ‡ íÿ. ˆÅ¦¥œ¸÷¸ Ÿ¸»¥¸š¸›¸ ˆ½Å The Bank has policy guidelines in place for IRS/ FRA’s. The approved ¬¸¿¤¸¿š¸ Ÿ¸Ê ‚¸ƒÄ‚¸£‡¬¸/‡ûÅ‚¸£‡ ˆÅú ‚›¸ºŸ¸¸½¢™÷¸ ¬¸úŸ¸¸ ²Å.2000 ˆÅ£¸½”õ í¾. 31 Ÿ¸¸\¸Ä 2017 ceiling for IRS / FRAs in terms of notional principal is Rs 2000 crores. ˆ½Å ‚›¸º¬¸¸£ ¤¸ÿˆÅ ˆ½Å ˆÅ¦¥œ¸÷¸ Ÿ¸»¥¸š¸›¸ ˆ½Å 4 (\¸¸£) ¤¸ˆÅ¸¡¸¸ ¬¨¸¾œ¸ £í½, ¢]¸¬¸ˆÅú ¬¸¸¿ˆ½Å¢÷¸ˆÅ Ÿ¸»¥¸ As on 31st March 2017, the Bank had 4 outstanding swaps for notional principal of Rs 100 crores which were for trading purpose. £¸¢©¸ ²Å.100 ˆÅ£¸½”õ £íú ]¸¸½ ¨¡¸¸¨¸¬¸¸¢¡¸ˆÅ „Ó½©¡¸ ˆ½Å ¢¥¸‡ ˜¸ú. ¤¸ˆÅ¸¡¸¸ ÇÅ¡¸-¢¨¸ÇÅ¡¸ ¬¨¸¾œ¸ ˆÅ¸ MTM valuation for outstanding trading swaps is Rs. (-) 0.46 crores. ¤¸¸]¸¸£ í½÷¸º ¢\¸¦›í÷¸ (‡Ÿ¸’ú‡Ÿ¸) Ÿ¸»¥¡¸¸¿ˆÅ›¸ ²Å. (-) 0.46 ˆÅ£¸½”õ £í¸. 3.2 Exchange Traded Interest Rate 3.2 ¢¨¸¢›¸Ÿ¸¡¸ ¨¡¸¸œ¸¸£ ¤¡¸¸]¸ ™£À (Rs. in Crores) (²Å.ˆÅ£¸½”õ Ÿ¸Ê) S.N. Particulars 2016-17 2015-16 ÇÅ. ¤¡¸¸¾£½ 2016-17 2015-16 Notional principal amount of exchange traded interest rate ¬¸¿. 1 derivatives undertaken during 1 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ (¢¥¸‰¸÷¸-¨¸¸£) ¢ˆÅ‡ Š¸‡ 587.57 ©¸»›¡¸ the year (instrument-wise) ‡Æ¬¸\¸Ê]¸ ¥¸½›¸-™½›¸ ¤¡¸¸]¸ ™£ ”½¢£¨¸½¢’¨¸ ˆÅ¸ a) Interest Rate Future 587.57 Nil ˆÅ¦¥œ¸÷¸ Ÿ¸»¥¸š¸›¸ Notional principal amount of exchange traded interest rate Nil Nil ˆÅ) ¤¡¸¸]¸™£ ž¸¢¨¸«¡¸ 2 derivatives outstanding as on st 2 31 Ÿ¸¸\¸Ä ˆÅ¸½ ¤¸ˆÅ¸¡¸¸ (¢¥¸‰¸÷¸-¨¸¸£) 31 March (instrument-wise) ©¸»›¡¸ ©¸»›¡¸ Notional principal amount of ‡Æ¬¸\¸Ê]¸ ¥¸½›¸-™½›¸ ¤¡¸¸]¸ ™£ ”½¢£¨¸½¢’¨¸ ˆÅ¸ exchange traded interest rate ˆÅ¦¥œ¸÷¸ Ÿ¸»¥¸š¸›¸ 3 derivatives outstanding and not Nil Nil "highly effective" (instrument- 3 '„\\¸ œÏž¸¸¨¸ú' ›¸íú¿ ‚¸¾£ ¤¸ˆÅ¸¡¸¸ (¢¥¸‰¸÷¸- ©¸»›¡¸ ©¸»›¡¸ wise) ¨¸¸£) ‡Æ¬¸\¸Ê]¸ ¥¸½›¸-™½›¸ ¤¡¸¸]¸ ™£ Mark-to-market value of ”½¢£¨¸½¢’¨¸ ˆÅ¸ ˆÅ¦¥œ¸÷¸ Ÿ¸»¥¸š¸›¸ exchange traded interest rate 4 derivatives outstanding and not Nil Nil 4 '„\\¸ œÏž¸¸¨¸ú' ›¸íú¿ ‚¸¾£ ¤¸ˆÅ¸¡¸¸ (¢¥¸‰¸÷¸ ©¸»›¡¸ ©¸»›¡¸ "highly effective" (instrument- ¨¸¸£) ‡Æ¬¸\¸Ê]¸ ¥¸½›¸™½›¸ ¤¡¸¸]¸ ™£ ”½¢£¨¸½¢’¨¸ wise) ˆÅ¸ Ÿ¸¸ˆÄÅ-’»-Ÿ¸¸ˆ½ÄÅ’ Ÿ¸»¥¡¸ 3.3 Disclosures on risk exposure in derivatives 3.3 ”½¢£¨¸½¢’¨¸ ]¸¸½¢‰¸Ÿ¸ ¢¨¸Š¸¸½œ¸›¸ ˆÅ¸ œÏˆÅ’›¸ 3.3.1 Qualitative Disclosure 3.3.1 Š¸ºµ¸¸÷Ÿ¸ˆÅ œÏˆÅ’›¸À (i) Derivative policy is approved by the Board, which includes measurement of credit & market risk. i) ”½¢£¨¸½¢’¨¸ ›¸ú¢÷¸ ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ ×¸£¸ ‚›¸ºŸ¸¸½¢™÷¸ í¾, ¢]¸¬¸Ÿ¸Ê †µ¸ ]¸¸½¢‰¸Ÿ¸ ‚¸¾£ ¤¸¸]¸¸£ (ii) Policy for hedging and processes for monitoring the same ]¸¸½¢‰¸Ÿ¸ ˆÅ¸ Ÿ¸¸œ¸›¸ ž¸ú ©¸¸¢Ÿ¸¥¸ í¾. are in place. ii) „Æ÷¸ ˆÅú ¢›¸Š¸£¸›¸ú ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ Ÿ¸Ê œÏ¢÷¸£®¸µ¸ (í½¢]¸¿Š¸) ¨¸ œÏ¸½¬¸½¬¸½¬¸ ›¸ú¢÷¸¡¸¸¿ ¥¸¸Š¸» íÿ. (iii) The hedged transactions are undertaken for Balance Sheet iii) ÷¸º¥¸›¸œ¸°¸ œÏ¤¸¿š¸›¸ í½÷¸º œÏ¢÷¸£¢®¸÷¸ (í½¢]¸¿Š¸) ¥¸½›¸™½›¸ ¢ˆÅ‡ Š¸‡ íÿ. ]¸¸½¢‰¸Ÿ¸¸Ê ˆÅú ¢›¸Š¸£¸›¸ú management. Proper system for reporting and monitoring of ‚¸¾£ ¢£œ¸¸½¢’ôŠ¸ ˆ½Å ¢¥¸‡ „¢\¸÷¸ œÏµ¸¸¥¸ú ¢¨¸Ô¸Ÿ¸¸›¸ í¾. risks is in place. iv) ”½¢£¨¸½¢’¨¸ œ¸¢£\¸¸¥¸›¸¸Ê ˆ½Å ]¸¸½¢‰¸Ÿ¸ œÏ¤¸¿š¸›¸ ˆÅ¸¡¸Ä ˆ½Å œÏŸ¸º‰¸ ‡ˆÅ „\\¸ ¬÷¸£ú¡¸ œÏ¤¸¿š¸›¸ (iv) Risk Management of derivative operations is headed by a Top Management Executive who reports to Head Office. ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ í¸½÷¸½ íÿ, ]¸¸½ ¤¸ÿˆÅ ˆ½Å œÏš¸¸›¸ ˆÅ¸¡¸¸Ä¥¸¡¸ ˆÅ¸½ ¢£œ¸¸½’Ä ˆÅ£÷¸½ íÿ. ¬¨¸¾œ¸¸Ê ˆÅú ¢›¸Š¸£¸›¸ú The swaps are tracked on regular basis. ¢›¸¡¸¢Ÿ¸÷¸ ‚¸š¸¸£ œ¸£ ˆÅú ]¸¸÷¸ú í¾. (v) Accounting Policy for recording hedge and non-hedge v) Ÿ¸í÷¨¸œ¸»µ¸Ä ¥¸½‰¸¸-›¸ú¢÷¸¡¸¸Ê ˆÅú ‚›¸º¬¸»\¸ú 17 ˆ½Å œ¸¢£\Ž½™ 3.5 (‡ûÅ) (ii) Ÿ¸Ê ¢¨¸¢›¸¢™Ä«’ transactions is in place, which includes recognition of ¢ˆÅ‡ ‚›¸º¬¸¸£, ¤¸ÿˆÅ Ÿ¸Ê œÏ¢÷¸£¢®¸÷¸ ‚¸¾£ Š¸¾£-œÏ¢÷¸£¢®¸÷¸ ¨¡¸¨¸í¸£¸Ê ˆÅ¸½ ‚¢ž¸¥¸½‰¸¤¸š™ income, expenditure, valuation of outstanding contracts and ˆÅ£›¸½ ˆÅú „¢\¸÷¸ ¥¸½‰¸¸ ›¸ú¢÷¸ ¢¨¸Ô¸Ÿ¸¸›¸ í¾, ¢]¸¬¸Ÿ¸Ê ‚¸¡¸ ¢›¸š¸¸Ä£µ¸, ¤¸ˆÅ¸¡¸¸ ˆÅ£¸£¸Ê ˆÅ¸ credit risk mitigation as given in para 3.5 (f)(ii) of Schedule Ÿ¸»¥¡¸¸¿ˆÅ›¸ ‚¸¾£ †µ¸ ]¸¸½¢‰¸Ÿ¸ ˆÅ¸½ ˆÅŸ¸ ˆÅ£›¸¸ ©¸¸¢Ÿ¸¥¸ í¾. 17, viz., Significant Accounting Policies. vi) ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ‚¸¾£ \¸¸¥¸» ¢¨¸Š¸¸½œ¸›¸ œÏ¢ÇÅ¡¸¸ ˆ½Å ‚›¸º¬¸¸£ (vi) The Bank has made requisite provision on credit exposure œ¸¢£ˆÅ¢¥¸÷¸ ¬¸¿¢¨¸™¸ ”½¢£¨¸½¢’¨¸ ˆ½Å †µ¸ ¢¨¸Š¸¸½œ¸›¸ œ¸£ ¤¸ÿˆÅ ×¸£¸ ‚œ¸½¢®¸÷¸ œÏ¸¨¸š¸¸›¸ ˆÅ£ of derivative contracts computed as per current exposure ¢¥¸‡ Š¸‡ íÿ. method & as per RBI guidelines. 3.3.2 Quantitative Disclosures 3.3.2 Ÿ¸¸°¸¸÷Ÿ¸ˆÅ œÏˆÅ’›¸ À (Rs. in Crores) (²Å. ˆÅ£¸½”õ Ÿ¸Ê) Currency Interest rate ÇÅ.¬¸¿. ¢¨¸¨¸£µ¸ ˆÅ£½›¬¸ú ”½¢£¨¸½¢’¨¸ ¤¡¸¸]¸ ™£ ”½¢£¨¸½¢’¨¸ S. N. Particulars Derivatives derivatives 2016-17 2015-16 2016-17 2015-16 2016-17 2015-16 2016-17 2015-16 (i) Derivatives (Notional Principal (i) ”½¢£¨¸½¢’¨¸ (ˆÅ¦¥œ¸÷¸ Ÿ¸»¥¸š¸›¸ £¸¢©¸) 12997.65 14089.80 100.00 425.00 12997.65 14089.80 100.00 425.00 amount) ˆÅ) œÏ¢÷¸£®¸µ¸ (í½¢]¸¿Š¸) ˆ½Å ¢¥¸‡ 7065.81 2695.06 0.00 0.00 (a) For hedging 7065.81 2695.06 0.00 0.00 ‰¸) ¥¸½›¸™½›¸ (’ï½¢”¿Š¸) ˆ½Å ¢¥¸‡ 5931.84 11394.74 100.00 425.00 (b) For Trading 5931.84 11394.74 100.00 425.00 (ii) ¤¸¸]¸¸£ í½÷¸º ¢\¸¦›í÷¸ ¦¬˜¸¢÷¸¡¸¸¿ (1) (ii) Marked to Market Position [1] ˆÅ) ‚¸¦¬÷¸ (+) 175.81 40.00 0.00 0.00 (a) Asset (+) 175.81 40.00 0.00 0.00 ‰¸) ™½¡¸÷¸¸‡¿ (-) - 0.00 (-) 0.46 (-)0.84 (b) Liability (-) - 0.00 (-) 0.46 (-)0.84

65 Annual Report 2016-17

(iii) †µ¸ ¢¨¸Š¸¸½œ¸›¸ (2) 435.76 321.80 0.75 4.50 (iii) Credit Exposure [2] 435.76 321.80 0.75 4.50 (iv) ¤¡¸¸]¸ ™£ Ÿ¸Ê ‡ˆÅ œÏ¢÷¸©¸÷¸ œ¸¢£¨¸÷¸Ä›¸ (iv) Likely impact of one per- ˆÅ¸ ¬¸¿ž¸¸¢¨¸÷¸ ‚¬¸£ (100*œ¸ú¨¸ú 01) centage change in interest rate (100*PV01) ˆÅ) í½¢]¸¿Š¸ ”½¢£¨¸½¢’¨¸ œ¸£ 0.37 0.02 0.00 0.00 (a) On hedging derivatives 0.37 0.02 0.00 0.00 ‰¸) ¥¸½›¸™½›¸ ”½¢£¨¸½¢’¨¸ œ¸£ 1.08 0.07 0.02 9.37 (b) On trading derivatives 1.08 0.07 0.02 9.37 (v) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ 100*œ¸ú¨¸ú 01 ‚¨¸¥¸¸½¢ˆÅ÷¸ ‚¢š¸ˆÅ÷¸Ÿ¸ ‚¸¾£ ›¡¸»›¸÷¸Ÿ¸ (v) Maximum and Minimum of ¬÷¸£ 100*PV01 observed during the year 1) œÏ¢÷¸£®¸µ¸ (í½¢]¸¿Š¸) œ¸£ ‚¢š¸:¥¸¸Š¸» Max : 3.37 Max : 4.32 Max :NA Max :NA ‚¢š¸:¥¸¸Š¸».›¸íú¿ (a) On hedging ‚¢š¸: 3.37 ‚¢š¸: 4.32 ›¸íú¿ ›¡¸»›¸À Min : 0.02 Min : 0.02 Min : NA Min : NA ›¡¸»›¸: 0.02 ›¡¸»›¸: 0.02 ›¡¸»›¸:¥¸¸Š¸» Max : 1.98 Max : 13.78 Max : 0.11 Max : 9.37 ¥¸¸Š¸».›¸íú¿ (b) On trading ›¸íú¿ Min : 0.05 Min : 0.07 Min : 0.02 Min : 1.77 2) ¥¸½›¸™½›¸ (’ï½¢”¿Š¸) œ¸£ ‚¢š¸À ‚¢š¸: 1.98 ‚¢š¸: 13.78 ‚¢š¸: 9.37 3.4 Standard provision on derivative exposure: ›¡¸»›¸: 0.05 ›¡¸»›¸: 0.07 0.11 ›¡¸»›¸: 1.77 ›¡¸»›¸: 0.02 (Rs. in Crores)

3.4 ”½¢£¨¸½¢’¨¸ ¢¨¸Š¸¸½œ¸›¸ œ¸£ Ÿ¸¸›¸ˆÅ œÏ¸¨¸š¸¸›¸À 31.03.2017 (²Å.ˆÅ£¸½”õ Ÿ¸Ê) Provision as S. applicable Particulars Credit N. to ÇÅ. ¢¨¸¨¸£µ¸ 31.03.2017 Exposure standard †µ¸ Ÿ¸¸›¸ˆÅ ‚¢ŠÏŸ¸¸Ê œ¸£ advances ¢¨¸Š¸¸½œ¸›¸ ¥¸¸Š¸» œÏ¸¨¸š¸¸›¸ 1 Interest rate derivative 0.75 0.003 1 ¤¡¸¸]¸ ™£ ”½¢£¨¸½¢’¨¸ 0.75 0.003 2 Foreign exchange derivative 477.11 1.91 2 ¢¨¸™½©¸ú ¢¨¸¢›¸Ÿ¸¡¸ ”½¢£¨¸½¢’¨¸ 477.11 1.91 3 Gold contract Nil Nil 3 ¬¨¸µ¸Ä ¬¸¿¢¨¸™¸ ©¸»›¡¸ ©¸»›¡¸ 4 Credit default swaps Nil Nil Total 477.86 1.913 4 †µ¸ \¸»ˆÅ ¬¨¸¾œ¸ ©¸»›¡¸ ©¸»›¡¸ ˆºÅ¥¸ 477.86 1.913 * Credit Exposure calculated as per RWA guidelines of Basel III. * †µ¸ ¢¨¸Š¸¸½œ¸›¸ ˆÅú Š¸µ¸›¸¸ ¤¸½¬¸¥¸ III ˆ½Å ]¸¸½¢‰¸Ÿ¸ ž¸¸¢£÷¸ ‚¸¦¬÷¸ (‚¸£”Ã¤¥¡¸»‡) 3.5 Credit Default Swaps (CDS): ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£— The Bank has no credit default swaps during the year 2016-17 or as 3.5 †µ¸ \¸»ˆÅ ¬¨¸¾œ¸ (¬¸ú”ú‡¬¸) À on March 31, 2017 is Nil. 4. Asset Quality ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ˆÅ¸ ˆÅ¸½ƒÄ †µ¸ \¸»ˆÅ ¬¨¸¾œ¸ (¬¸ú”ú‡¬¸) ›¸íú¿ í¾ ¡¸¸ ¢™›¸¸¿ˆÅ 4.1 Non-Performing Assets 31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ ©¸»›¡¸ í¾. (Rs. in Crores)

4 ‚¸¦¬÷¸ Š¸ºµ¸¨¸î¸¸ Particulars 31.03.2017 31.03.2016 4.1 ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸¿ (i) Net NPAs to Net Advances (%) 11.76 6.35 (²Å. ˆÅ£¸½”õ Ÿ¸Ê) (ii) Movement of NPAs (Gross) (a) Opening balance 10385.85 6402.06 ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 (b) Additions during the year 9119.05 5723.85 (i) ¢›¸¨¸¥¸ ‚¢ŠÏŸ¸¸Ê Ÿ¸Ê ¢›¸¨¸¥¸ ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸¿ (%) 11.76 6.35 (c) Reductions during the year 2316.19 1740.06 (d) Closing balance 17188.71 10385.85 (ii) ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸ Š¸¢÷¸©¸ú¥¸÷¸¸ (¬¸ˆÅ¥¸) (iii) Movement of Net NPAs (ˆÅ) œÏ¸£¿¢ž¸ˆÅ ©¸½«¸ 10385.85 6402.06 (a) Opening balance 6832.03 4126.57 (‰¸) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œ¸¢£¨¸š¸Ä›¸ 9119.05 5723.85 Add: ECGC/DICGC Settled 87.30 49.22 (Š¸) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ˆÅŸ¸ú 2316.19 1740.06 amount (‹¸) ‚¿¢÷¸Ÿ¸ ©¸½«¸ 17188.71 10385.85 Gross Opening Balance 6919.33 4175.79 (iii) ¢›¸¨¸¥¸ ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê ˆÅú Š¸¢÷¸©¸ú¥¸÷¸¸ (b) Additions during the year 7101.09 2844.03 (ˆÅ) œÏ¸£¿¢ž¸ˆÅ ©¸½«¸ 6832.03 4126.57 (c) Reductions during the year 2689.23 100.49 ]¸¸½”Ê - ƒÄ¬¸ú]¸ú¬¸ú/”ú‚¸ƒÄ¬¸ú]¸ú¬¸ú ×¸£¸ ¢›¸œ¸’¸¡¸½ Š¸¡¸½ ‰¸¸÷¸½ 87.30 49.22 (d) Gross closing balance 11331.19 6919.33 Less : ECGC/DICGC Settled ¬¸ˆÅ¥¸ œÏ¸£¿¢ž¸ˆÅ ©¸½«¸ 6919.33 4175.79 101.63 87.30 amount (‰¸) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œ¸¢£¨¸š¸Ä›¸ 7101.09 2844.03 Net closing Balance 11229.56 6832.03 (Š¸) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ˆÅŸ¸ú 2689.23 100.49 (‹¸) ¬¸ˆÅ¥¸ ‚¿¢÷¸Ÿ¸ ©¸½«¸ 11331.19 6919.33 ‹¸’¸¡¸Ê- ƒ¬¸ú]¸ú¬¸ú/”ú‚¸ƒÄ¬¸ú]¸ú¬¸ú ¢›¸œ¸’¸¡¸½ Š¸¡¸½ ‰¸¸÷¸½ 101.63 87.30 ¢›¸¨¸¥¸ ‚¿¢÷¸Ÿ¸ ©¸½«¸ 11229.56 6832.03

66 Jeeef

(Ÿ¸¸›¸ˆÅ ‚¸¦¬÷¸¡¸¸Ê ˆ½Å œÏ¸¨¸š¸¸›¸¸Ê ˆÅ¸½ Ž¸½”õˆÅ£) (iv) Movement of provisions for NPAs (excluding provisions (iv) ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê ˆ½Å œÏ¸¨¸š¸¸›¸¸Ê ˆÅú Š¸¢÷¸©¸ú¥¸÷¸¸ on standard assets) (ˆÅ) œÏ¸£¿¢ž¸ˆÅ ©¸½«¸ 3425.61 2136.49 (a) Opening balance 3425.61 2136.49 (‰¸) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¢ˆÅ‡ Š¸‡ œÏ¸¨¸š¸¸›¸* 3688.34 2164.05 (b) Provisions made during the 3688.34 2164.05 (Š¸) ‚¢÷¸¢£Æ÷¸ œÏ¸¨¸š¸¸›¸¸Ê ˆÅ¸ œÏ¢÷¸¥¸½‰¸›¸/¤¸’Ã’½ ‰¸¸÷¸½ ”¸¥¸›¸¸ 1319.10 874.93 year* (c) Write-back/write off of excess (‹¸) ‚¿¢÷¸Ÿ¸ ©¸½«¸ 5794.85 3425.61 1319.10 874.93 provisions * ³Å.303.76 ˆÅ£¸½”õ (54.21) ˆÅ£¸½”õ ˆÅú £¸¢©¸ ˆ½Å š¸¸½‰¸¸š¸”õú £¸¢©¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ¨¸Š¸úÄˆ¼Å÷¸ (d) Closing balance 5794.85 3425.61 ‰¸¸÷¸½ ˆ½Å œÏ¸¨¸š¸¸›¸ ¬¸¢í÷¸. *includes provision towards accounts classified as fraud amounting to 4.2 œ¸¢£¬¸¿œ¸¢î¸ ¨¸Š¸úÄˆÅ£µ¸ Ÿ¸Ê ‚¿÷¸£ ‚¸¾£ ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸ ˆ½Å ¢¥¸‡ œÏ¸¨¸š¸¸›¸ Rs. 303.76 crores (Rs. 54.21 crores). (²Å.ˆÅ£¸½”õ Ÿ¸Ê) 4.2 Divergence in Asset Classification and Provisioning for NPAs ÇÅ.¬¸¿. ¢¨¸¨¸£µ¸ £¸¢©¸ 1 ¤¸ÿˆÅ ×¸£¸ ¢£œ¸¸½’Ä ¢ˆÅ‡ ‚›¸º¬¸¸£ 31 Ÿ¸¸\¸Ä, 2016 ˆÅ¸½ ¬¸ˆÅ¥¸ ‡›¸œ¸ú‡ 10385.85 (Rs in Crores) 2 ž¸¸£÷¸ú¡¸ ¢£]¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ¢›¸š¸¸Ä¢£÷¸ ¢ˆÅ‡ ‚›¸º¬¸¸£ 31 Ÿ¸¸\¸Ä 2016 ˆÅ¸½ ¬¸ˆÅ¥¸ 13419.45 S N Particulars Amount Gross NPAs as on March 31, 2016 as reported ‡›¸œ¸ú‡ 1 10385.85 by the bank 3 ¬¸ˆÅ¥¸ ‡›¸œ¸ú‡ Ÿ¸Ê ¢¨¸\¸¥¸›¸ (2-1) 3033.60 Gross NPAs as on March 31, 2016 as assessed 2 13419.45 4 ¤¸ÿˆÅ ×¸£¸ ¢£œ¸¸½’Ä ¢ˆÅ‡ ‚›¸º¬¸¸£ 31 Ÿ¸¸\¸Ä 2016 ˆÅ¸½ ¢›¸¨¸¥¸ ‡›¸œ¸ú‡ 6832.03 by RBI ž¸¸£÷¸ú¡¸ ¢£]¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ¢›¸š¸¸Ä¢£÷¸ ¢ˆÅ‡ ‚›¸º¬¸¸£ 31 Ÿ¸¸\¸Ä 2016 ˆÅ¸½ ¢›¸¨¸¥¸ 3 Divergence in Gross NPAs (2-1) 3033.60 5 9865.63 Net NPAs as on March 31, 2016 as reported by ‡›¸œ¸ú‡ 4 6832.03 the bank 6 ¢›¸¨¸¥¸ ‡›¸œ¸ú‡ Ÿ¸Ê ¢¨¸\¸¥¸›¸ (5-4) 3033.60 Net NPAs as of March 31, 2016 as assessed by 5 9865.63 7 ¤¸ÿˆÅ ×¸£¸ ¢£œ¸¸½’Ä ¢ˆÅ‡ ‚›¸º¬¸¸£ 31 Ÿ¸¸\¸Ä 2016 ˆÅ¸½ ‡›¸œ¸ú‡ ˆ½Å ¢¥¸‡ œÏ¸¨¸š¸¸›¸ 3425.61 RBI 6 Divergence in Net NPAs (5-4) 3033.60 ž¸¸£÷¸ú¡¸ ¢£]¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ¢›¸š¸¸Ä¢£÷¸ ¢ˆÅ‡ ‚›¸º¬¸¸£ 31 Ÿ¸¸\¸Ä 2016 ˆÅ¸½ Provisions for NPAs as on March 31, 2016 as 8 3930.81 7 3425.61 ‡›¸œ¸ú‡ ˆ½Å ¢¥¸‡ œÏ¸¨¸š¸¸›¸ reported by the bank Provisions for NPAs as on March 31, 2016 as 9 œÏ¸¨¸š¸¸›¸ Ÿ¸Ê ‚¿÷¸£ (8-7) 505.20 8 3930.81 assessed by RBI 31 Ÿ¸¸\¸Ä, 2016 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ˆ½Å ¢¥¸‡ ˆÅ£ ˆ½Å ¤¸¸™ ¢£œ¸¸½’Ä ¢ˆÅ¡¸¸ Š¸¡¸¸ 10 100.69 9 Divergence in provisioning (8-7) 505.20 ¢›¸¨¸¥¸ ¥¸¸ž¸ (œ¸ú‡’ú) Reported Net Profit after Tax (PAT) for the 10 100.69 31 Ÿ¸¸\¸Ä, 2016 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ˆ½Å ¢¥¸‡ ¬¸Ÿ¸¸¡¸¸½¢]¸÷¸ (ˆÅ¸¥œ¸¢›¸ˆÅ) ˆÅ£ year ended March 31, 2016 11 (404.51) ˆ½Å ¤¸¸™ ¢›¸¨¸¥¸ ¥¸¸ž¸ (œ¸ú’ú‡) œÏ¸¨¸š¸¸›¸ Ÿ¸Ê ¢¨¸\¸¥¸›¸ ˆÅ¸½ š¡¸¸›¸ Ÿ¸Ê £‰¸÷¸½ íº‡ Adjusted (notional) Net Profit after Tax (PAT) for the year ended March 31, 2016 after tak- 4.3 ‚¸¦¬÷¸ œ¸º›¸¢›¸ÄŸ¸¸µ¸ í½÷¸º œÏ¢÷¸ž¸»¢÷¸ˆÅ£µ¸ / œ¸º›¸¢›¸ÄŸ¸¸Äµ¸ ˆ¿Åœ¸›¸ú ˆÅ¸½ ¤¸½\¸ú Š¸ƒÄ 11 (404.51) ing into account the divergence in provision- ¢¨¸î¸ú¡¸ ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ ¢¨¸¨¸£µ¸ ing (²Å.ˆÅ£¸½”õ Ÿ¸Ê) 4.3 Details of financial assets sold to securitization / Reconstruction Company for Asset Reconstruction ÇÅ.¬¸¿. ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 (Rs. in Crores) 1 ‰¸¸÷¸¸Ê ˆÅú ¬¸¿‰¡¸¸ 6 8 S. œÏ¢÷¸ž¸»¢÷¸ˆÅ£µ¸/œ¸º›¸¢›¸ÄŸ¸¸Äµ¸ ˆ¿Åœ¸›¸ú ˆÅ¸½ Particulars 31.03.2017 31.03.2016 2 ¤¸½\¸½ Š¸‡ ‰¸¸÷¸¸Ê ˆÅ¸ (œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å 86.97 72.10 N. ¤¸¸™) ˆºÅ¥¸ Ÿ¸»¥¡¸ 1 No. of accounts 6 8 Aggregate value (net of provisions) of accounts 2 86.97 72.10 3 ˆºÅ¥¸ œÏ¢÷¸ûÅ¥¸ 168.90 48.48 sold to SC/RC œ¸»¨¸Ä ¨¸«¸¸½ô Ÿ¸Ê ‚¿÷¸¢£÷¸ ‰¸¸÷¸¸Ê ˆ½Å Ÿ¸¸Ÿ¸¥¸½ 3 Aggregate consideration 168.90 48.48 4 0.00 0 Ÿ¸Ê œÏ¸œ÷¸ ‚¢÷¸¢£Æ÷¸ œÏ¢÷¸ûÅ¥¸ Additional consideration realized in respect of 4 0.00 0.00 ¢›¸¨¸¥¸ ‰¸¸÷¸¸¤¸íú Ÿ¸»¥¡¸ œ¸£ ¬¸ˆÅ¥¸ accounts transferred in earlier years 5 81.93 (-) 28.72 œÏ¸¦œ÷¸/ í¸¢›¸ 5 Aggregate gain/loss over net book value. 81.93 (-) 28.72 ¨¸«¸Ä 2016 -17 ˆ½Å ™¸¾£¸›¸, ¤¸ÿˆÅ ›¸½ 31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¢÷¸Ÿ¸¸íú ˆ½Å ™¸¾£¸›¸ ²Å.86.97 During the year 2016-17, the Bank has sold non-performing assets ˆÅ£¸½”õ (³Å.1.94 ˆÅ£¸½”õ) ¬¸¢í÷¸, ²Å.86.97 ˆÅ£¸½”õ (³Å.72.10 ˆÅ£¸½”õ) ¤¸íú Ÿ¸»¥¡¸ ˆÅú of the book value of Rs. 86.97 crores (Rs.72.10 crores) including Rs. ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸¿ ¤¸½\¸ú¿, ¢]¸¬¸ˆ½Å œ¸¢£µ¸¸Ÿ¸¬¨¸³Åœ¸ ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê Ÿ¸Ê ˆÅŸ¸ú ‚¸ƒÄ. 86.97 crores (Rs.1.94 crores), during the quarter ended March 31, 2017 resulting in reduction of NPAs. ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ¢™›¸¸¿ˆÅ 01.07.2015 ˆ½Å ‚œ¸›¸½ Ÿ¸¸¬’£ œ¸¢£œ¸°¸ ”ú¤¸ú‚¸£. As per guidelines issued by RBI vide master circular DBR.No.BP. ÇÅ.¤¸úœ¸ú.¤¸ú¬¸ú.2/ 21.04.048/ 2015-16 ×¸£¸ ]¸¸£ú ¢ˆÅ‡ Š¸‡ ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ BC.2/21.04.048/2015-16,dated 01.07.2015, banks have been allowed 26.02.2014 ¬¸½ ‚¸¾£ 31.03.2016 ÷¸ˆÅ ™¸½ ¬¸¸¥¸ ˆÅú ‚¨¸¢š¸ Ÿ¸Ê ¤¸½\¸ú ¬¸¿œ¸¢î¸ í½÷¸º to amortise shortfall arising from sale of financial assets to ARC, for ¢¨¸î¸ú¡¸ ¬¸¿œ¸¢î¸¡¸¸Ê ˆÅú ‡‚¸£¬¸ú ˆÅ¸½ ¢¤¸ÇÅú ¬¸½ í¸½›¸½ ¨¸¸¥¸ú ˆÅŸ¸ú¿ ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ¸Ê ˆÅ¸½ assets sold from 26.02.2014 and up to 31.03.2016 over a period of two œ¸¢£©¸¸½š¸›¸ ˆÅ£›¸½ ˆÅú ‚›¸ºŸ¸¢÷¸ ™ú Š¸ƒÄ í¾. ÷¸™›¸º¬¸¸£ ¤¸ÿˆÅ ×¸£¸ 31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ years. Consequently the Bank has amortised Rs. 14.33 crores during ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ³Å.14.33 ˆÅ£¸½”õ (¢¨¸Š¸÷¸ ¨¸«¸Ä Ÿ¸¸\¸Ä 2016 ˆ½Å ¢¥¸‡ ³Å. 14.39 ˆÅ£¸½”õ) ˆÅ¸ the year ended March 31, 2017 (Rs. 14.39 crores for previous year œ¸¢£©¸¸½š¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. \¸¸¥¸» ¢¨¸î¸ú¡¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸, ¢¨¸î¸ú¡¸ ¬¸¿œ¸¢î¸¡¸¸Ê ˆÅú ‡‚¸£¬¸ú ˆÅ¸½ March 2016). During the current financial year, there is no shortfall ¢¤¸ÇÅú ¬¸½ ˆÅ¸½ƒÄ ˆÅŸ¸ú¿ ›¸íú¿ ‚¸¡¸ú í¾. arising from sale of financial assets to ARCs.

67 Annual Report 2016-17

4.4 œÏ¢÷¸ž¸»¢÷¸ˆÅ£µ¸ / œ¸º›¸¢›¸ÄŸ¸¸Äµ¸ ˆ¿Åœ¸›¸ú ˆÅ¸½ ¢¨¸î¸ú¡¸ ‚¸¦¬÷¸¡¸¸Ê ˆÅú ¢¤¸ÇÅú ‚¸¾£ 4.4 Sale of financial assets to Securitization Company / Reconstruction Company and related issues ¬¸¿¤¸¿¢š¸÷¸ Ÿ¸ºÓ½ (²Å.ˆÅ£¸½”õ Ÿ¸Ê) (Rs. in Crores)

¢¨¸¨¸£µ¸ ¤¸ÿˆÅ ×¸£¸ ¤¸½\¸ú Š¸ƒÄ ‚¿÷¸¢›¸Ä¢í÷¸ ‚›¡¸ ¤¸ÿˆÅ¸Ê/¢¨¸î¸ú¡¸ ¬¸¿¬˜¸¸›¸¸Ê/ ˆºÅ¥¸ Backed by NPAs sold Backed by NPAs sold by by other banks/financial ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê ×¸£¸ Š¸¾£ ¢¨¸î¸ú¡¸ ˆ¿Åœ¸¢›¸¡¸¸Ê ×¸£¸ Total the bank as underlying institutions/ non-financial Particulars ¬¸Ÿ¸¢˜¸Ä÷¸ ¤¸½\¸ú Š¸ƒÄ ‚¿÷¸¢›¸Ä¢í÷¸ ‚›¸]¸ÄˆÅ companies as underlying ‚¸¦¬÷¸¡¸¸Ê ×¸£¸ ¬¸Ÿ¸¢˜¸Ä÷¸ Current Previous Current Previous Current Previous \¸¸¥¸» ¨¸«¸Ä ¢œ¸Ž¥¸½ ¨¸«¸Ä \¸¸¥¸» ¨¸«¸Ä ¢œ¸Ž¥¸½ ¨¸«¸Ä \¸¸¥¸» ¨¸«¸Ä ¢œ¸Ž¥¸½ ¨¸«¸Ä Year Year Year Year Year Year 31.3.2017 31.3.2016 31.3.2017 31.3.2016 31.3.2017 31.3.2016 31.3.2017 31.3.2016 31.3.2017 31.3.2016 31.3.2017 31.3.2016 ]¸Ÿ¸¸›¸÷¸ £¬¸ú™¸Ê Book Value of Investment in *127.71 40.90 - - 127.71 40.90 Ÿ¸Ê ¢›¸¨¸½©¸ ˆÅ¸ ¤¸íú *127.71 40.90 - - 127.71 40.90 Security Receipts Ÿ¸»¥¡¸ *Note: Bank has applied with fund transferred to ARC for subscription * ¢’œœ¸µ¸ú À ¤¸ÿˆÅ ×¸£¸ ›¸½ ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016- 17 ˆ½Å ™¸¾£¸›¸ ³Å.127.71 ˆÅ£¸½”õ ˆÅú £¸¢©¸ of Security Receipts (SRs) amounting to Rs. 127.71 crores during FY œÏ¢÷¸ž¸»¢÷¸ œÏ¸¦œ÷¸¡¸¸Ê (‡¬¸‚¸£) ˆÅú ¬¸™¬¡¸÷¸¸ ˆ½Å ¢¥¸‡ ‡‚¸£¬¸ú ˆÅ¸½ í¬÷¸¸¿÷¸¢£÷¸ ¢›¸¢š¸ ˆ½Å ¬¸¸˜¸ 2016-17. Allotment of SR in DEMAT form by ARC is in process. ‚¸¨¸½¢™÷¸ í¾. ‡‚¸£¬¸ú ×¸£¸ ”úŸ¸½’ Ÿ¸Ê ‡¬¸‚¸£ ˆÅ¸ ‚¸¤¸¿’›¸ œÏ¢ÇÅ¡¸¸š¸ú›¸ í¾. The details of the book value of investments outstanding at the end of œÏ¢÷¸ž¸»¢÷¸ £¬¸ú™¸Ê Ÿ¸Ê ¨¸«¸Ä ˆÅú ¬¸Ÿ¸¸¦œ÷¸ œ¸£ ¤¸ˆÅ¸¡¸¸ ¢›¸¨¸½©¸¸Ê ˆ½Å ¤¸íú Ÿ¸»¥¡¸ ˆ½Å ¤¡¸¸¾£½ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿ À the year in security receipts are as under: (²Å.ˆÅ£¸½”õ Ÿ¸Ê) (Rs. in Crores) As on As on ¢¨¸¨¸£µ¸ 31.03.2017 ˆÅ¸½ 31.03.2016 ˆÅ¸½ Particulars 31.3.2017 31.3.2016 ƒ¬¸ ³Åœ¸ Ÿ¸Ê ¤¸ÿˆÅ ×¸£¸ ¤¸½\¸ú Š¸ƒÄ ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê ×¸£¸ ¬¸Ÿ¸¢˜¸Ä÷¸ 102.28 106.34 i) i) Backed by NPAs sold by Bank as underlying 102.28 106.34 ii) ƒ¬¸ ³Åœ¸ Ÿ¸Ê ‚›¡¸ ¤¸ÿˆÅ¸Ê/¢¨¸î¸ú¡¸ ¬¸¿¬˜¸¸›¸¸Ê/Š¸¾£ ¤¸ÿ¢ˆ¿ÅŠ¸ ¢¨¸î¸ú¡¸ ii) Backed by NPAs sold by other Banks /financial institu- 0.00 0.00 0.00 0.00 ˆ¿Åœ¸¢›¸¡¸¸Ê ×¸£¸ ¤¸½\¸ú Š¸ƒÄ ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê ×¸£¸ ¬¸Ÿ¸¢˜¸Ä÷¸ tions / non- banking financial companies as underlying ˆºÅ¥¸ 102.28 106.34 Total 102.28 106.34 œÏ¢÷¸ž¸»¢÷¸ £¬¸ú™¸Ê Ÿ¸Ê ¢›¸¨¸½©¸ ˆÅ¸ œÏˆÅ’úˆÅ£µ¸ Disclosure of investment in Security Receipts (²Å.ˆÅ£¸½”õ Ÿ¸Ê) (Rs in Crores) SRs issued ¢¨¸¨¸£µ¸ ¢œ¸Ž¥¸½ 5 ¨¸«¸¸½ô 5 ¨¸«¸¸½ô ¬¸½ ‚¢š¸ˆÅ 8 ¨¸«¸¸½ô ¬¸½ ‚¢š¸ˆÅ SRs issued SRs issued more than 5 Ÿ¸Ê ]¸¸£ú ˆÅú Š¸ƒÄ ¬¸½ œ¸»¨¸Ä Ÿ¸Ê œ¸£¿÷¸º ¬¸½ œ¸í¥¸½ ]¸¸£ú ˆÅú more than Particulars within past years ago but ‡¬¸‚¸£ ¢œ¸Ž¥¸½ 8 ¨¸«¸¸½ô ¬¸½ Š¸¡¸ú ‡¬¸‚¸£ 8 years 5 years within past 8 ž¸ú÷¸£ ]¸¸£ú ˆÅú ago Š¸¡¸ú ‡¬¸‚¸£ years i) ‚¿÷¸¢›¸Ä¢í÷¸ ˆ½Å ³Åœ¸ Ÿ¸½¿ ¤¸ÿˆÅ ×¸£¸ ¤¸½\¸ú Š¸ƒÄ 99.53 0.00 2.75 i) Book Value of SRs Backed by NPAs sold 99.53 0.00 2.75 ‡›¸œ¸ú‡ ×¸£¸ ¬¸Ÿ¸¢˜¸Ä÷¸ ‡¬¸‚¸£ ˆÅ¸ ¤¸íú Ÿ¸»¥¡¸ by the bank as underlying Provision held against (i) 0.96 0.00 2.75 i) ˆ½Å ¢¥¸‡ ¢ˆÅ‡ Š¸‡ œÏ¸¨¸š¸¸›¸ 0.96 0.00 2.75 ii) Book Value of SRs Backed by NPAs sold 0.00 0.00 0.00 ii) ‚¿÷¸¢›¸Ä¢í÷¸ ˆ½Å ³Åœ¸ Ÿ¸½¿ ‚›¡¸ ¤¸ÿˆÅ/ ¢¨¸î¸ú¡¸ 0.00 0.00 0.00 by other banks / financial institutions / ¬¸¿¬˜¸¸‡¿/ Š¸¾£ ¤¸ÿ¢ˆ¿ÅŠ¸ ¢¨¸î¸ú¡¸ ˆ¿Åœ¸¢›¸¡¸¸¿ ×¸£¸ non-banking financial companies as un- ¤¸½\¸ú Š¸ƒÄ ‡›¸œ¸ú‡ ×¸£¸ ¬¸Ÿ¸¢˜¸Ä÷¸ ‡¬¸‚¸£ ˆÅ¸ derlying ¤¸íú Ÿ¸»¥¡¸ Provision held against (ii) 0.00 0.00 0.00 (ii) ˆ½Å ¢¥¸‡ ¢ˆÅ‡ Š¸‡ œÏ¸¨¸š¸¸›¸ 0.00 0.00 0.00 TOTAL i) + ii) 99.53 0.00 2.75 ˆºÅ¥¸ i ii 99.53 0.00 2.75 As per RBI circular DBR No. BP.BC.102/21.04.048/2015-16 dated ) + ) 13.06.2016, Nil provisions was made during the year to meet the ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™›¸¸¿ˆÅ 13.06.2016 ˆ½Å œ¸¢£œ¸°¸ ”ú¤¸ú‚¸£.ÇÅ.¤¸úœ¸ú. ¤¸ú¬¸ú. shortfall in sale of NPA’s to Securitization Company/ Reconstruction 102/21.04.048/2015-16 ˆ½Å ‚›¸º¬¸¸£, ©¸»›¡¸ œÏ¸¨¸š¸¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ Company and unamortized provision was debited to other reserves at œÏ¢÷¸ž¸»¢÷¸ ˆ¿Åœ¸›¸ú / œ¸º›¸¢›¸ÄŸ¸¸Äµ¸ ˆ¿Åœ¸›¸ú ˆÅ¸½ ‡›¸œ¸ú‡ ˆÅú ¢¤¸ÇÅú Ÿ¸Ê ˆÅŸ¸ú ˆÅ¸½ œ¸»£¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ the end of the year. ÷¸˜¸¸ ‚œ¸¢£©¸¸½¢š¸÷¸ œÏ¸¨¸š¸¸›¸ ¨¸«¸Ä ˆÅú ¬¸Ÿ¸¸¦œ÷¸ Ÿ¸Ê ‚›¡¸ ‚¸£¢®¸¢÷¸‚¸Ê ˆÅ¸½ ›¸¸Ÿ¸½ ¢ˆÅ¡¸¸ Š¸¡¸¸ ˜¸¸. 4.5 Details of non- performing financial assets purchased from other Banks 4.5 ‚›¡¸ ¤¸ÿˆÅ¸Ê ¬¸½ ‰¸£ú™ú Š¸ƒÄ ‚›¸]¸ÄˆÅ ¢¨¸î¸ú¡¸ ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ ¤¡¸¸¾£¸ (Rs. in Crores) (²Åœ¸¡¸½ ˆÅ£¸½”õ Ÿ¸Ê) Particulars 31.03.2017 31.03.2016 ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 1 (a) No. of accounts purchased during the year Nil Nil 1. (ˆÅ) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ‰¸£ú™½ Š¸¡¸½ ‰¸¸÷¸¸Ê ˆÅú ¬¸¿‰¡¸¸ ©¸»›¡¸ ©¸»›¡¸ (b) Aggregate outstanding 0.00 0.00 (‰¸) ¬¸ˆÅ¥¸ ¤¸ˆÅ¸¡¸¸ 0.00 0.00 2 (a) Of these, no of accounts restructured during the year Nil Nil 2. (ˆÅ) ƒ›¸Ÿ¸Ê ¬¸½ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œ¸º›¸¬¸ô£¢\¸÷¸ ‰¸¸÷¸¸Ê ˆÅú ¬¸¿‰¡¸¸ ©¸»›¡¸ ©¸»›¡¸ (b) Aggregate outstanding 0.00 0.00 (‰¸) ¬¸ˆÅ¥¸ ¤¸ˆÅ¸¡¸¸ 0.00 0.00

68 Jeeef

4.6 ‚›¡¸ ¤¸ÿˆÅ¸Ê ˆÅ¸½ ¤¸½\¸ú Š¸ƒÄ ‚›¸]¸ÄˆÅ ¢¨¸î¸ú¡¸ ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ ¤¡¸¸¾£¸ 4.6 Details of non- performing financial assets sold to other Banks (²Å.ˆÅ£¸½”õ Ÿ¸Ê) (Rs. in Crores)

¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 Particulars 31.03.2017 31.03.2016 1. ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¤¸½\¸½ Š¸¡¸½ ‰¸¸÷¸¸Ê ˆÅú ¬¸¿‰¡¸¸ ©¸»›¡¸ ©¸»›¡¸ 1. No. of accounts sold during the year Nil Nil 2. ¬¸ˆÅ¥¸ ¤¸ˆÅ¸¡¸¸ 0.00 0.00 2. Aggregate outstanding 0.00 0.00 3. œÏ¸œ÷¸ ¬¸ˆÅ¥¸ œÏ¢÷¸ûÅ¥¸ 0.00 0.00 3. Aggregate consideration received 0.00 0.00 4.7 œÏ¢÷¸ž¸»¢÷¸ˆÅ£µ¸ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ œÏˆÅ’úˆÅ£µ¸ 4.7 Disclosure relating to Securitization: (²Åœ¸‡ ˆÅ£¸½”õ Ÿ¸Ê) (Rs. In Crores)

ÇÅ.¬¸¿. ¢¨¸¨¸£µ¸ ¬¸¿. / £¸¢©¸ S. No. / Particulars 1 ¤¸ÿˆÅ ×¸£¸ œÏ¢÷¸ž¸»¢÷¸ˆÅ£µ¸ ¬¸¿¨¡¸¨¸í¸£¸Ê í½÷¸º œÏ¸¡¸¸½¢]¸÷¸ ‡¬¸œ¸ú¨¸ú ˆÅú ¬¸¿‰¡¸¸* N. Amount No of SPVs sponsored by the bank for securitiza- 1 2 ¤¸ÿˆÅ ×¸£¸ œÏ¸¡¸¸½¢]¸÷¸ ‡¬¸œ¸ú¨¸ú ˆÅú ¤¸¢í¡¸¸Ê ˆ½Å ‚›¸º¬¸¸£ œÏ¢÷¸ž¸»¢÷¸ˆ¼Å÷¸ ‚¸¦¬÷¸¡¸¸Ê ˆÅú tion transactions* ˆºÅ¥¸ £¸¢©¸ Total amount of securitized assets as per books of 2 3 ÷¸º¥¸›¸œ¸°¸ ˆ½Å ¢™›¸¸¿ˆÅ ˆÅ¸½ ‡Ÿ¸‚¸£‚¸£ ‚›¸ºœ¸¸¥¸›¸ ˆ½Å œÏ¢÷¸ ¤¸ÿˆÅ ×¸£¸ š¸¸¢£÷¸ ¢¨¸Š¸¸½œ¸›¸ the SPVs sponsored by the bank Total amount of exposures retained by the bank to ˆÅú ˆºÅ¥¸ £¸¢©¸ 3 comply with MRR as on the date of balance sheet ˆÅ)) ÷¸º¥¸›¸œ¸°¸ ¤¸¸à¸ ¢¨¸Š¸¸½œ¸›¸ a) Off-balance sheet exposures œÏ˜¸Ÿ¸ í¸¢›¸ First loss Others ‚›¡¸ b) On-balance sheet exposures ‰¸) ÷¸º¥¸›¸œ¸°¸ ˆÅú Ÿ¸™¸Ê ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¢¨¸Š¸¸½œ¸›¸ First loss œÏ˜¸Ÿ¸ í¸¢›¸ Others Amount of exposures to securitization transactions 4 ‚›¡¸ other than MRR 4 ‡Ÿ¸‚¸£‚¸£ ˆ½Å ‚¥¸¸¨¸¸ œÏ¢÷¸ž¸»¢÷¸ˆÅ£µ¸ ¬¸¿¨¡¸¨¸í¸£¸Ê ˆ½Å œÏ¢÷¸ ¢¨¸Š¸¸½œ¸›¸ ˆÅú £¸¢©¸ a) Off-balance sheet exposures i) Exposure to own securitizations ˆÅ) ÷¸º¥¸›¸œ¸°¸ ¤¸¸à¸ ¢¨¸Š¸¸½œ¸›¸ First loss ©¸»›¡¸ Nil i) ¬¨¸¡¸¿ ˆ½Å œÏ¢÷¸ž¸»¢÷¸ˆÅ£µ¸ ˆ½Å œÏ¢÷¸ ¢¨¸Š¸¸½œ¸›¸ Loss œÏ˜¸Ÿ¸ í¸¢›¸ ii) Exposure to third party securitizations

‚›¡¸ First loss ii) ÷¸ú¬¸£½ œ¸®¸ ˆ½Å œÏ¢÷¸ž¸»¢÷¸ˆÅ£µ¸ ˆ½Å œÏ¢÷¸ ¢¨¸Š¸¸½œ¸›¸ Others œÏ˜¸Ÿ¸ í¸¢›¸ b) On-balance sheet exposures ‚›¡¸ ‰¸) ÷¸º¥¸›¸œ¸°¸ ˆÅú Ÿ¸™¸Ê ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¢¨¸Š¸¸½œ¸›¸ i) Exposure to own securitizations i) ¬¨¸¡¸¿ ˆ½Å œÏ¢÷¸ž¸»¢÷¸ˆÅ£µ¸ ˆ½Å œÏ¢÷¸ ¢¨¸Š¸¸½œ¸›¸ First loss œÏ˜¸Ÿ¸ í¸¢›¸ Others ‚›¡¸ ii) Exposure to third party securitizations ii) ÷¸ú¬¸£½ œ¸®¸ ˆ½Å œÏ¢÷¸ž¸»¢÷¸ˆÅ£µ¸ ˆ½Å œÏ¢÷¸ ¢¨¸Š¸¸½œ¸›¸ First loss œÏ˜¸Ÿ¸ í¸¢›¸ Others ‚›¡¸ *Only the SPVs relating to outstanding securitization transactions may be reported here * ¡¸í¸Â ˆ½Å¨¸¥¸ ¤¸ˆÅ¸¡¸¸ œÏ¢÷¸ž¸»¢÷¸ˆÅ£µ¸ ¬¸¿¨¡¸¨¸í¸£¸Ê ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ‡¬¸œ¸ú¨¸ú íú ¢£œ¸¸½’Ä ¢ˆÅ‡ ]¸¸‡¿. 4.8 Particulars of Accounts Restructured 4.8 œ¸º›¸¬¸ô£¢\¸÷¸ ‰¸¸÷¸¸Ê ˆ½Å ¢¨¸¨¸£µ¸

69 Annual Report 2016-17 0 0 16 4.35 0.00 0.00 0.27 0.00 0.00 -118 -117 3192 -8.46 34772 37745 140.29 411.88 106.53 922.36 -773.19 -589.15 6788.81 6721.57 ˆºÅ¥¸ Total

0 0 0 4 60 216 280 1.26 0.00 0.00 0.47 0.00 0.00 0.00 0.00 0.00 0.00 0.00 54.05 54.87 í¸¢›¸ Loss

0 -1 64 -40 681 2.51 0.00 0.00 3236 3940 -1.89 15.77 57.36 48.29 44.12 819.97 -403.15 1516.72 3714.27 1709.72 ¬¸¿¢™Šš¸ ˆºÅ¥¸ Total Doubt-ful

-2 16 -63 -27 1.81 0.27 4485 6851 2442 -7.21 -0.09 -7.54 25.14 41.13 14.38 875.34 558.15 102.39 -155.94 -304.80 Stand-ard ‚¨¸ Ÿ¸¸›¸ˆÅ Sub-

9 3 0 -15 -41 0.03 9.10 0.00 0.09 0.00 -117 -8.46 99.38 43.86 26835 26674 -36.57 312.91 -214.10 -589.15 4395.48 2395.10 -1459.79 Ÿ¸¸›¸ˆÅ Stand-ard

0 0 -14 -12 4.35 0.00 0.00 0.00 0.00 0.00 3188 -2.49 45.04 35.90 11.00 34166 37339 403.44 862.37 -242.59 -249.00 3014.18 3760.07 ˆºÅ¥¸ Total

0 0 0 1 58 213 272 1.17 0.00 0.00 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 43.53 44.87 í¸¢›¸ Loss

0 0 -4 16 681 1.62 5.96 2.51 0.00 0.00 0.00 1.79 3088 3781 57.36 -52.48 462.71 819.97 178.86 1456.19 ¬¸¿¢™Šš¸ Doubt-ful ‚›¡¸ Others

-2 -1 -9 11 4.14 4.94 1.81 0.00 0.04 4330 6770 2441 -6.74 -6.11 -0.09 38.96 42.41 -77.63 198.72 185.65 Stand-ard ‚¨¸ Ÿ¸¸›¸ˆÅ Sub-

8 1 0 -8 -8 -12 0.03 6.11 0.00 0.09 0.00 -2.49 -1.84 39.27 25.00 26535 26516 307.07 -183.37 -249.00 -146.10 2351.57 2074.69 Ÿ¸¸›¸ˆÅ Stand-ard

4 0 4 0 -98 572 381 7.11 8.44 6.44 0.00 0.00 0.00 0.27 0.00 0.00 -101 -0.50 44.33 -58.11 -59.99 578.67 486.10 ˆºÅ¥¸ Total

3 0 8 2 0 0 3 0.10 0.00 0.00 0.43 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10.52 10.00 í¸¢›¸ Loss

0 0 -1 34 -32 140 141 (²Å. ˆÅ£¸½”õ Ÿ¸Ê) (Rs. in Crore) 0.69 0.00 1.59 0.00 0.00 0.00 0.00 0.93 -1.89 71.99 -12.02 177.52 131.70 ¬¸¿¢™Šš¸ Doubt-ful

1 4 -1 77 -59 -16 148 1.69 2.17 2.35 0.00 0.00 0.27 1.24 -1.09 44.33 -15.36 -15.20 172.18 184.42 Stand-ard ‚¨¸ Ÿ¸¸›¸ˆÅ Sub-

1 2 0 -7 -21 281 155 4.72 5.84 2.51 0.00 2.98 0.00 0.00 0.00 -101 -0.50 -2.17 -30.73 -59.99 334.40 113.64 -126.50 Ÿ¸¸›¸ˆÅ Stand-ard ‡¬¸‡Ÿ¸ƒÄ †µ¸ œ¸º›¸¬¸ô£\¸›¸¸ ÷¸¿°¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ Under SME Debt Restructuring Mechanism

0 0 1 0 -6 -4 34 25 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -5.47 88.14 64.19 15.66 -472.49 -280.15 3195.97 2475.40 ˆºÅ¥¸ Total

0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 í¸¢›¸ Loss

8 0 0 0 -4 18 14 0.00 0.00 0.00 0.00 0.00 0.00 13.45 40.74 41.39 in restructured amount is mainly on account of additional / fresh disbursement repayments. Variation 982.02 -338.66 2080.56 1399.17 ¬¸¿¢™Šš¸ Doubt-ful

7 4 0 0 1 -2 -2 0.00 7.09 0.00 0.00 0.00 0.00 -8.83 19.31 15.66 504.45 188.07 -133.83 -211.98 Stand-ard ‚¨¸ Ÿ¸¸›¸ˆÅ Sub-

0 3 0 0 0 -4 19 -12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -5.47 55.38 16.35 -32.56 206.77 -280.15 1709.51 -1187.19 ¤¸ÿˆÅ ˆÅ¸ ›¸¸Ÿ¸ - ‚¸ÁûÅ Ÿ¸í¸£¸«’ï NAME OF THE BANK À Bank of Maharashtra Ÿ¸¸›¸ˆÅ Stand-ard ¬¸ú”ú‚¸£ ÷¸¿°¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ Under CDR Mechanism

thereon thereon thereon thereon thereon thereon thereon borrowers borrowers borrowers borrowers borrowers borrowers borrowers borrowers outstanding outstanding outstanding outstanding outstanding outstanding outstanding outstanding ¤¸ˆÅ¸¡¸¸ £ˆÅŸ¸ Amount ¤¸ˆÅ¸¡¸¸ £ˆÅŸ¸ Amount ¤¸ˆÅ¸¡¸¸ £ˆÅŸ¸ Amount ¤¸ˆÅ¸¡¸¸ £ˆÅŸ¸ Amount ¤¸ˆÅ¸¡¸¸ £ˆÅŸ¸ Amount ¤¸ˆÅ¸¡¸¸ £ˆÅŸ¸ Amount ¤¸ˆÅ¸¡¸¸ £ˆÅŸ¸ Amount ¤¸ˆÅ¸¡¸¸ £ˆÅŸ¸ Amount „›¸ œ¸£ œÏ¸¨¸š¸¸›¸ Provision „›¸ œ¸£ œÏ¸¨¸š¸¸›¸ Provision „›¸ œ¸£ œÏ¸¨¸š¸¸›¸ Provision „›¸ œ¸£ œÏ¸¨¸š¸¸›¸ Provision „›¸ œ¸£ œÏ¸¨¸š¸¸›¸ Provision „›¸ œ¸£ œÏ¸¨¸š¸¸›¸ Provision „›¸ œ¸£ œÏ¸¨¸š¸¸›¸ Provision „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆÅú ¬¸¿‰¡¸¸ No. of „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆÅú ¬¸¿‰¡¸¸ No. of „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆÅú ¬¸¿‰¡¸¸ No. of „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆÅú ¬¸¿‰¡¸¸ No. of „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆÅú ¬¸¿‰¡¸¸ No. of „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆÅú ¬¸¿‰¡¸¸ No. of „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆÅú ¬¸¿‰¡¸¸ No. of „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆÅú ¬¸¿‰¡¸¸ No. of

FY - the during category standard restructured to structured Accounts as on April 1 , 2016 (opening figures)* Write-offs of restructured accounts during the FY ‚¸¦¬÷¸ ¨¸Š¸úÄˆÅ£µ¸ Asset Classification  œ¸º›¸¬¸ô£\¸›¸¸ ˆÅ¸ œÏˆÅ¸£ Type of Restructuring  ¢¨¸¨¸£µ¸ Details  1 ‚œÏ¾¥¸ 2016 ˆÅ¸½ œ¸º›¸¬¸ô£¢\¸÷¸ ‰¸¸÷¸½ (‚¸£¿¢ž¸ˆÅ ‚¸¿ˆÅ”½)* Re 31 Ÿ¸¸\¸Ä 2017 ˆÅ¸½ œ¸º›¸¬¸ô£¢\¸÷¸ ‰¸¸÷¸½ (‚¿¢÷¸Ÿ¸ ‚¸¿ˆÅ”½)* Restructured Accounts as on 31st March 2017 (closing figures*) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ›¸ƒÄ œ¸º›¸¬¸ô£\¸›¸¸‡¿ Fresh restructuring during the year *Ÿ¸¸›¸ˆÅ œ¸º›¸¬¸ô£¢\¸÷¸ ‚¢ŠÏŸ¸¸Ê ˆ½Å ‚¸ˆÅ”õ¸Ê ˆÅ¸½ Ž¸½” ˆÅ£, ¢]¸›¸Ÿ¸Ê „\\¸÷¸£ œÏ¸¨¸š¸¸›¸ ¡¸¸ ]¸¸½¢‰¸Ÿ¸ ž¸¸£ (¡¸¢™ ¥¸¸Š¸» í¸½) ]¸³Å£ú ›¸íú¿ í¾. *Excluding the figures of Standard Restructured Advances which do not attract higher provisioning or risk weight (if applicable). ¢ž¸››¸÷¸¸‚¸Ê ˆÅ¸ ¬¸Ÿ¸¸š¸¸›¸ Reconciliation of Differences ¢¨¸î¸ú¡¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œ¸º›¸¬¸ô£¢\¸÷¸ Ÿ¸¸›¸ˆÅ ª½µ¸ú ˆÅ¸ ˆÅ¸½¢’„››¸¡¸›¸ Upgradations ¢ž¸››¸÷¸¸‚¸Ê ˆ½Å ˆÅ¸£µ¸ Reason for Differences œ¸º›¸¬¸ô£¢\¸÷¸ Ÿ¸¸›¸ˆÅ ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ ˆÅ¸½¢’‚¨¸›¸¡¸›¸ ]¸¸½ „\\¸ œÏ¸¨¸š¸¸›¸ ‚¸ˆÅ¢«¸Ä÷¸ ›¸íú¿ ˆÅ£÷¸ú ‚¸¾£ œÏ¸¨¸š¸¸›¸ ‚¸ˆÅ¢«¸Ä÷¸ ›¸ ˆÅ£›¸½¨¸¸¥¸ú œ¸º›¸¬¸ô£¢\¸÷¸ Ÿ¸¸›¸ˆÅ ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ ˆÅ¸½¢’„››¸¡¸›¸ Downgradation restructured standard assets not attracting higher provision & Upgradation to restructured standard assets not attracting provisiion œ¸º›¸¬¸ô£¢\¸÷¸ Ÿ¸¸›¸ˆÅ ‰¸¸÷¸½ ¢]¸›¸Ÿ¸Ê „\\¸ œÏ¸¨¸š¸¸›¸ ]¸³Å£ú ›¸íú¿ ‚¸¾£/¡¸¸ ¢¨¸î¸ú¡¸ ¨¸«¸Ä ˆ½Å ‚¿÷¸ Ÿ¸Ê ‚¢÷¸¢£Æ÷¸ ]¸¸½¢‰¸Ÿ¸ ž¸¸£ ‚÷¸À ‚Š¸¥¸½ ¢¨¸î¸ú¡¸ œÏ¸£¿ž¸ œ¸º›¸¬¸ô£¢\¸÷¸ Ÿ¸¸›¸ˆÅ ‚¢ŠÏŸ¸¸Ê ˆ½Å ³Åœ¸ Ÿ¸Ê ¢™‰¸¸›¸¸ ]¸³Å£ú ›¸íú¿ í¾ Restructured standard advances which cease to attract higher provisioning and /or additional risk weight at the end of FY hence need not be shown as restructured standard advances at the beginning of next FY ¢¨¸î¸ú¡¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œ¸º›¸¬¸ô£¢\¸÷¸ ‰¸¸÷¸¸Ê ˆÅ¸ ˆÅ¸½¢’‚¨¸›¸¡¸›¸ Downgradations of restructured accounts during the FY ¢¨¸î¸ú¡¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œ¸º›¸¬¸ô£¢\¸÷¸ ‰¸¸÷¸¸Ê ˆÅ¸½ ¤¸’Ã’½ ‰¸¸÷¸½ Ÿ¸Ê ”¸¥¸›¸¸ 1 7 2 3 4 5 6 ÇÅ.¬¸¿. Sr No 31.03.2017 ˆÅ¸½ œ¸º›¸¬¸ô£¢\¸÷¸ ‰¸¸÷¸¸Ê ˆÅ¸ ¢¨¸Š¸¸½œ¸›¸ Disclosure of Restructured Accounts as on œ¸»›¸¬¸ô£¢\¸÷¸ £¸¢©¸ Ÿ¸½¿ ¢ž¸››¸÷¸¸ Ÿ¸»‰¡¸÷¸: ‚¢÷¸¢£Æ÷¸/›¸‡ ¬¸¿¢¨¸÷¸£µ¸/œ¸»›¸ž¸»ÄŠ¸÷¸¸›¸ ˆ½ ˆÅ¸£µ¸ í¾.

70 Jeeef

4.9 31.03.2017 ˆÅ¸½ ™¤¸¸¨¸ŠÏ¬÷¸ ‚¸¦¬÷¸¡¸¸¿ (‡¬¸ 4 ‡) ˆÅú ¬¸÷¸÷¸ ¬¸¿£\¸›¸¸ 4.9 Sustainable structuring of stressed assets (S4A), as on (²Åœ¸‡ ˆÅ£¸½”õ Ÿ¸Ê) 31.03.2017 (Rs in Crores) ‚¸¦¬÷¸ ‰¸¸÷¸¸Ê ˆÅú ¤¸ˆÅ¸¡¸¸ ¤¸ˆÅ¸¡¸¸ £¸¢©¸ ¢ˆÅ‡ Š¸‡ ¨¸Š¸úÄˆÅ£µ¸ ¬¸¿‰¡¸¸ ]¸í¸¿ ¬¸Ÿ¸ŠÏ £¸¢©¸ œÏ¸¨¸š¸¸›¸ ž¸¸Š¸ ‡ Ÿ¸½¿ ž¸¸Š¸ ¤¸ú Ÿ¸½¿ No of Ag- Amount outstanding (‡¬¸4‡) ¥¸¸Š¸» accounts gregate ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ Asset Classification where S4A amount Provision held has been out- In Part A In Part B Ÿ¸¸›¸ˆÅ 1 30.96 30.96 ©¸»›¡¸ 0.12 applied standing ‡›¸œ¸ú‡ 2 118.81 104.21 14.60 32.77 Standard 1 30.96 30.96 Nil 0.12 4.10 ¢¨¸Ô¸Ÿ¸¸›¸ †µ¸¸Ê ˆÅú ¥¸¢\¸¥¸ú ¬¸¿£\¸›¸¸ NPA 2 118.81 104.21 14.60 32.77 (²Åœ¸‡ ˆÅ£¸½”õ Ÿ¸Ê) 4.10 Flexible structuring of Existing Loans (Rs in Crores) ‚¨¸¢š¸ ¥¸\¸ú¥¸½œ¸›¸ ¥¸\¸ú¥¸½œ¸›¸ ˆÅú ¬¸¿£\¸›¸¸ ˆ½Å ¢¥¸‡ ¥¸ú ¥¸\¸ú¥¸ú ¬¸¿£\¸›¸¸ ˆ½Å ¢¥¸‡ „“¸‡ Š¸‡ ˆÅú ¬¸¿£\¸›¸¸ Š¸ƒÄ †µ¸ ˆÅú £¸¢©¸ †µ¸¸Ê ˆÅú ‚¨¸¢š¸ ˆÅ¸ ¢¨¸Š¸¸½œ¸›¸ Period No. of bor- Exposure weighted av- rowers taken í½÷¸» Š¸‡ ž¸¸¢£÷¸ ‚¸¾¬¸÷¸ Amount of loans taken erage duration of loans up for flexibly up for flexible structuring taken up for flexible „š¸¸£ˆÅ÷¸¸Ä‚¸Ê Ÿ¸¸›¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ‡›¸œ¸ú‡ ¥¸\¸ú¥¸ú ¬¸¿£\¸›¸¸ ¥¸\¸ú¥¸ú ¬¸¿£\¸›¸¸ structuring structuring ˆÅú ¬¸¿‰¡¸¸ ¨¸Š¸úÄˆ¼Å÷¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ¥¸¸Š¸» ˆÅ£›¸½ ¬¸½ ¥¸¸Š¸» ˆÅ£›¸½ ˆ½Å Before After ¨¸Š¸úÄˆ¼Å÷¸ œ¸í¥¸½ œ¸ä¸¸÷¸ Classi- Classified applying applying fied as ¢¨¸Š¸÷¸ ¢¨¸î¸ú¡¸ ¨¸«¸Ä as NPA flexible flexible 7 352.85 1653.69 4.57 14.28 Standard - 2015 - 16 structuring structuring \¸¸¥¸» ¢¨¸î¸ú¡¸ ¨¸«¸Ä - Previous financial 1 0.18 ©¸»›¡¸ 9.13 9.18 7 352.85 1653.69 4.57 14.28 2016 - 17 year - 2015-16

4.11 £µ¸›¸ú¢÷¸ˆÅ †µ¸ œ¸º›¸¬¸Ä£\¸›¸¸ ¡¸¸½]¸›¸¸ (]¸¸½ ‰¸¸÷¸½ ‚ž¸ú ž¸ú ¢¬˜¸£ ‚¨¸¢š¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ íÿ) Strategic Debt Restructuring Scheme (accounts which are currently under the stand still period) (Rs in Crores) (²Å. ˆÅ£¸½”õ Ÿ¸Ê) ‰¸¸÷¸¸Ê ˆÅú ¬¸¿‰¡¸¸ ]¸í¸¿ ¢£œ¸¸½¢’ôŠ¸ ¢÷¸¢˜¸ ˆÅ¸½ ¤¸ˆÅ¸¡¸¸ £¸¢©¸ ]¸í¸¿ ƒ¦Æ¨¸’ú ˆ½Å ¢¥¸‡ †µ¸ ˆÅ¸ ³Åœ¸¸¿÷¸£µ¸ ¥¸¿¢¤¸÷¸ ‡½¬¸½ ]¸í¸¿ ƒ¦Æ¨¸’ú ˆ½Å ¢¥¸‡ †µ¸ ˆÅ¸ ³Åœ¸¸¿÷¸£µ¸ íº‚¸ í¾ ‡¬¸”ú‚¸£ ¥¸¸Š¸» ¢ˆÅ¡¸¸ Amount Outstanding as on the ‰¸¸÷¸¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ¢£œ¸¸½¢’ôŠ¸ ¢÷¸¢˜¸ ˆÅ¸½ ¤¸ˆÅ¸¡¸¸ £¸¢©¸ ‰¸¸÷¸¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ¢£œ¸¸½¢’ôŠ¸ ¢÷¸¢˜¸ ˆÅ¸½ reporting date Š¸¡¸¸ í¾ Amount outstanding as on reporting date ¤¸ˆÅ¸¡¸¸ £¸¢©¸ Amount outstanding as on reporting with respect to accounts where conversion No of accounts date with respect to accounts where of debt to equity is pending where SDR has conversion of debt to equity has been invoked taken place ‡›¸œ¸ú‡ ˆ½Å ³Åœ¸ Ÿ¸Ê ‡›¸œ¸ú‡ ˆ½Å ³Åœ¸ Ÿ¸Ê Ÿ¸¸›¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ¨¸$¸úÄˆ¼Å÷¸ Ÿ¸¸›¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ¨¸$¸úÄˆ¼Å÷¸ ‡›¸œ¸ú‡ ˆ½Å ³Åœ¸ Ÿ¸Ê Ÿ¸¸›¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ¨¸$¸úÄˆ¼Å÷¸ ¨¸Š¸úÄˆ¼Å÷¸ ¨¸Š¸úÄˆ¼Å÷¸ Classified as Classified as ¨¸Š¸úÄˆ¼Å÷¸** Classified as Classified as Classified as Standard Standard Classified as NPA** Standard NPA NPA 20 802.83 2337.53 Nil 19.06 802.83 113.13 ** ³Å. 2205.34 ˆÅ£¸½” ˆ½Åõ ‡½¬¸½ Ÿ¸¸Ÿ¸¥¸½ ]¸í¸¿ †µ¸ ˆÅ¸ ƒ¦Æ¨¸’ú Ÿ¸Ê ³Åœ¸¸¿÷¸£µ¸ í½÷¸» 31.03.2017 ˆÅ¸½ 210 ¢™›¸¸½¿ ˆÅú ‚¨¸¢š¸ ¬¸Ÿ¸¸œ÷¸ íºƒÄ í¾, ˆÅ¸½ ¢£œ¸¸½’Ä ›¸íú¿ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. **10 cases amounting to Rs. 2205.34 crores where the period of 210 days for conversion of debt into equity has expired as of 31.03.2017 are not reported

71 Annual Report 2016-17

Current financial 1 0.18 Nil 9.13 9.18 year - 2016-17 4.12 ‡¬¸”ú‚¸£ ¡¸¸½]¸›¸¸ ˆ½Å ¤¸¸í£ ¬¨¸¸¢Ÿ¸÷¨¸ Ÿ¸Ê œ¸¢£¨¸÷¸Ä›¸ (]¸¸½ ‰¸¸÷¸½ ‚ž¸ú ž¸ú ¢¬˜¸£ ‚¨¸¢š¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ íÿ 4.12 Change in ownership outside SDR Scheme (accounts which are currently under stand still period) (Rs in Crores) (²Åœ¸‡ ˆÅ£¸½”õ Ÿ¸Ê) ‰¸¸÷¸¸Ê ˆÅú ¬¸¿‰¡¸¸ ]¸í¸¿ ¢£œ¸¸½¢’ôŠ¸ ¢™›¸¸¿ˆÅ ˆÅ¸½ ¤¸ˆÅ¸¡¸¸ £¸¢©¸ ‰¸¸÷¸¸Ê ˆ½Å ¬¸¿¤¸¿š¸ ¢£œ¸¸½¢’ôŠ¸ ˆÅú ¢™›¸¸¿ˆÅ ‰¸¸÷¸¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ¢£œ¸¸½¢’ôŠ¸ ˆÅú ‰¸¸÷¸¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ¢£œ¸¸½¢’ôŠ¸ ¢÷¸¢˜¸ ˆ½Å ³Åœ¸ ¤¸ÿˆÅ¸Ê ›¸½ ¬¨¸¸¢Ÿ¸÷¨¸ Ÿ¸Ê Amount outstanding as on ˆ½Å ³Åœ¸ Ÿ¸Ê ¤¸ˆÅ¸¡¸¸ £¸¢©¸ ]¸í¸¿ ¢÷¸¢˜¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ¤¸ˆÅ¸¡¸¸ £¸¢©¸, Ÿ¸Ê ¤¸ˆÅ¸¡¸¸ £¸¢©¸, ]¸í¸¿ ›¸‡ ©¸½¡¸£ ]¸¸£ú œ¸¢£¨¸÷¸Ä›¸ ˆÅ¸ û¾Å¬¸¥¸¸ the reporting date ƒ¦Æ¨¸’ú ©¸½¡¸£¸Ê ˆÅú œÏ¢÷¸ž¸»¢÷¸ / ]¸í¸¿ ƒ¦Æ¨¸’ú ©¸½¡¸£¸Ê ˆÅú œÏ¢÷¸ž¸»¢÷¸ ˆÅ£›¸½ ¡¸¸ œÏŸ¸¸½’£ ƒ¦Æ¨¸’ú ˆÅú ¢¤¸ÇÅú ˆ½Å ×¸£¸ ¢ˆÅ¡¸¸ í¾ ƒ¦Æ¨¸’ú ˆ½Å œÏ¢÷¸ž¸»¢÷¸ ˆÅ¸ ³Åœ¸¸¿÷¸£µ¸ / ƒ¦Æ¨¸’ú ˆ½Å œÏ¢÷¸ ¬¸Ÿ¸œ¸Äµ¸ ˆ½Å ¢¥¸‡ ¬¨¸¸¢Ÿ¸÷¨¸ Ÿ¸Ê ¤¸™¥¸¸¨¸ ˆÅú œ¸¢£ˆÅ¥œ¸›¸¸ ˆÅú No of accounts ¥¸¿¢¤¸÷¸ í¾ ³Åœ¸¸¿÷¸£µ¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ Š¸ƒÄ í¾ where banks Amount outstanding as on Amount outstanding as on Amount outstanding as on report- have decided to reporting date with respect reporting date with respect ing date with respect to accounts effect change in to accounts where conver- to accounts where conver- where change in ownership is ownership sion of debt to equity / in- sion of debt to equity / in- envisaged by issuance of fresh vocation of pledge of equity vocation of pledge of equity shares or sale of promoters shares is pending shares has taken place equity ˆ½Å ³Åœ¸ Ÿ¸Ê ¨¸Š¸úÄˆ¼Å÷¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ¨¸Š¸úÄˆ¼Å÷¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ¨¸Š¸úÄˆ¼Å÷¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ¨¸Š¸úÄˆ¼Å÷¸ Classified as Classified as Classified as Classified as Ÿ¸¸›¸ˆÅ ‡›¸œ¸ú‡ Ÿ¸¸›¸ˆÅ ‡›¸œ¸ú‡ Ÿ¸¸›¸ˆÅ ‡›¸œ¸ú‡ Ÿ¸¸›¸ˆÅ ‡›¸œ¸ú‡ Standard NPA Standard NPA Standard NPA Standard NPA 1 89.25 Nil 89.25 Nil Nil Nil 89.25 Nil

4.13 ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ˆ½Å ‚š¸ú›¸ œ¸¢£¡¸¸½]¸›¸¸‚¸Ê ˆ½Å ¬¨¸¸¢Ÿ¸÷¨¸ Ÿ¸Ê œ¸¢£¨¸÷¸Ä›¸ (]¸¸½ ‰¸¸÷¸½ 4.13 Change in Ownership of Projects under Implementation (accounts which are currently under the stand still period) ‚ž¸ú ž¸ú ¢¬˜¸£ ‚¨¸¢š¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ íÿ) (Rs in Crores) (²Å. ˆÅ£¸½”õ Ÿ¸Ê) No of Project loan Amount outstanding as on the reporting date œ¸¢£¡¸¸½]¸›¸¸ †µ¸ ‰¸¸÷¸¸Ê ˆÅú ¢£œ¸¸½¢’ôŠ¸ ¢™›¸¸¿ˆÅ ˆ½Å ‚›¸º¬¸¸£ ¤¸ˆÅ¸¡¸¸ £¸¢©¸ accounts where Classified banks have decided Classified as Classified as ¬¸¿‰¡¸¸ ]¸í¸¿ ¤¸ÿˆÅ¸Ê ›¸½ ¬¨¸¸¢Ÿ¸÷¨¸ Ÿ¸¸›¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ¨¸Š¸úÄˆ¼Å÷¸ Ÿ¸¸›¸ˆÅ ˆ½Å ³Åœ¸ Ÿ¸Ê ¨¸Š¸úÄˆ¼Å÷¸ ‡›¸œ¸ú‡ ˆ½Å ³Åœ¸ Ÿ¸Ê as standard Ÿ¸Ê œ¸¢£¨¸÷¸Ä›¸ ˆÅ£›¸½ ˆÅ¸ ¢›¸µ¸Ä¡¸ to effect change in Standard NPA œ¸º›¸¬¸ô£\¸›¸¸ ¨¸Š¸úÄˆ¼Å÷¸ ownership restructured ¢¥¸¡¸¸ í¾ Nil Nil Nil Nil ©¸»›¡¸ ©¸»›¡¸ ©¸»›¡¸ ©¸»›¡¸ 4.13.1 In case of restructured loans as standard assets under CDR/ non CDR, classification of advances and consequent income 4.13.1 ¬¸ú”ú‚¸£ / Š¸¾£ ¬¸ú”ú‚¸£ ˆ½Å ‚¿÷¸Š¸Ä÷¸ Ÿ¸¸›¸ˆÅ œ¸¢£¬¸¿œ¸¢î¸¡¸¸Ê ˆ½Å ³Åœ¸ Ÿ¸Ê œ¸º›¸Š¸Ä“›¸ recognition have been done based on major compliances †µ¸ ˆ½Å Ÿ¸¸Ÿ¸¥¸½ Ÿ¸Ê, ‚¢ŠÏŸ¸¸Ê ˆÅ¸ ¨¸Š¸úÄˆÅ£µ¸ ‚¸¾£ œ¸¢£µ¸¸Ÿ¸ú ‚¸¡¸ Ÿ¸¸›¡¸÷¸¸ ˆÅ¸½ ¢›¸¡¸Ÿ¸¸Ê of terms and conditions of restructuring package including ‚¸¾£ ©¸÷¸¸½ô ˆ½Å œÏŸ¸º‰¸ ‚›¸ºœ¸¸¥¸›¸ ˆ½Å ‚¸š¸¸£ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾, ]¸í¸¿ ¥¸¸Š¸» í¸½›¸½¨¸¸¥¸½ extension period wherever applicable œ¸º›¸Š¸Ä“›¸ œ¸¾ˆ½Å]¸ ¢¨¸¬÷¸¸¢£÷¸ ‚¨¸¢š¸ ¬¸¢í÷¸ í¾ 4.14 Provisions on Standard Assets 4.14 Ÿ¸¸›¸ˆÅ ‚¸¦¬÷¸¡¸¸Ê œ¸£ œÏ¸¨¸š¸¸›¸ (Rs. in Crores)

(²Å.ˆÅ£¸½”õ Ÿ¸Ê) S.N Particulars 31.03.2017 31.03.2016 1 Provisions towards Standard Advances 655.57 660.17 ÇÅ.¬¸¿. ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 Provisions towards Standard Assets (Derivative 2 1.91 0.60 1 Ÿ¸¸›¸ˆÅ ‚¸¦¬÷¸¡¸¸Ê í½÷¸º œÏ¸¨¸š¸¸›¸ 655.57 660.17 exposure) Forex Provision towards Un-hedged Foreign Currency 2 ûÅ¸Á£½Æ¬¸ Ÿ¸¸›¸ˆÅ ‚¸¦¬÷¸¡¸¸Ê (”½¢£¨¸½¢’¨¸ ¢¨¸Š¸¸½œ¸›¸) í½÷¸º œÏ¸¨¸š¸¸›¸ 1.91 0.60 3 7.68 24.84 Exposure 3 ‚¸£¢®¸÷¸ ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¢¨¸Š¸¸½œ¸›¸ í½÷¸º œÏ¸¨¸š¸¸›¸ 7.68 24.84 4 Interest rate derivative 0.00 0.00 4 ”½¢£¨¸½¢’¨¸ ¤¡¸¸]¸ ™£ 0.00 0.00 Total 665.16 685.61 ˆºÅ¥¸ 665.16 685.61 In compliance with the RBI guidelines, the Bank has made remaining ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸ºœ¸¸¥¸›¸ Ÿ¸Ê ¤¸ÿˆÅ ›¸½ œ¸¿]¸¸¤¸ ¬¸£ˆÅ¸£ ×¸£¸ ¢¥¸‡ Š¸‡ prudential provision of Rs. 11.70 crores on outstanding loan of Rs. st ‰¸¸Ô¸ †µ¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ 31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ ²Å.381.93 ˆÅ£¸½”õ ˆ½Å ¤¸ˆÅ¸¡¸¸ †µ¸ œ¸£ ³Å. 381.93 crores as on 31 March 2017 under Food Credit availed by Government of Punjab. The total provision held is of Rs. 57.29 crores, 11.70 ˆÅ£¸½”õ ¢¨¸¨¸½ˆÅœ¸»µ¸Ä œÏ¸¨¸š¸¸›¸ ¢ˆÅ¡¸¸ í¾. ˆºÅ¥¸ œÏ¸¨¸š¸¸›¸ £¸¢©¸ ³Å.57.29 ˆÅ£¸½”õ ˆÅú í¾, which is 15% of outstanding amount. ]¸¸½ ¤¸ˆÅ¸¡¸¸ £¸¢©¸ ˆÅ¸ 15% í¾.

72 Jeeef

4.15 ‚¦¬˜¸£ œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å ¢¨¸¨¸£µ¸ 4.15 Details of floating provision (Rs. in Crores) (²Å. ˆÅ£¸½”õ Ÿ¸Ê) SN Particulars 31.03.2017 31.03.2016 ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 Opening Balance in the floating provisions a 0.00 0.00 (ˆÅ) ‚¦¬˜¸£ œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å ‰¸¸÷¸½ Ÿ¸Ê œÏ¸£¿¢ž¸ˆÅ ©¸½«¸ 0.00 0.00 account The quantum of floating provisions made in b 0.00 0.00 (‰¸) ¥¸½‰¸¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ ‚¦¬˜¸£ œÏ¸¨¸š¸¸›¸ 0.00 0.00 the accounting year Amount of draw down made during the (Š¸) ¥¸½‰¸¸ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ‚¸í¢£÷¸ ˆÅú Š¸ƒÄ £ˆÅŸ¸ 0.00 0.00 c 0.00 0.00 accounting year (‹¸) ‚¦¬˜¸£ œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å ‰¸¸÷¸¸Ê Ÿ¸Ê ‚¿¢÷¸Ÿ¸ ©¸½«¸ 0.00 0.00 Closing Balance in the floating provisions d 0.00 0.00 ¤¸ÿˆÅ ˆÅ¸ ²Å.21.06 ˆÅ£¸½”õ (²Å.21.06 ˆÅ£¸½”õ) ¬¸¸Ÿ¸¸›¡¸ œÏ¸¨¸š¸¸›¸ í¾, ]¸¸½ ¤¸ÿˆÅ ×¸£¸ ž¸¸£÷¸ú¡¸ account ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆÅú ‚›¸ºŸ¸¢÷¸ ¬¸½ œÏ¸¨¸š¸¸›¸ ˆÅ¨¸£½]¸ ‚›¸ºœ¸¸÷¸ (œ¸ú¬¸ú‚¸£) ˆÅú Š¸µ¸›¸¸ í½÷¸º œÏ¡¸ºÆ÷¸ The Bank is holding a general provision of Rs. 21.06 crores ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. (Rs. 21.06 crores) which has been reckoned while computing the provision coverage ratio (PCR) as per RBI permission. 5. ˆÅ¸£¸½¤¸¸£ú ‚›¸ºœ¸¸÷¸À 5. Business Ratios ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 S Particulars 31.03.2017 31.03.2016 1. ˆÅ¸¡¸ÄˆÅ¸£ú ¢›¸¢š¸¡¸¸Ê ¬¸½ ¤¡¸¸]¸ ‚¸¡¸ ˆÅ¸ œÏ¢÷¸©¸÷¸ 7.55% 8.71% N 2. ˆÅ¸¡¸ÄˆÅ¸£ú ¢›¸¢š¸¡¸¸Ê ¬¸½ Š¸¾£¤¡¸¸]¸ú ‚¸¡¸ ˆÅ¸ œÏ¢÷¸©¸÷¸ 0.94% 0.68% i Interest Income as a percentage to Working Funds. 7.55% 8.71% ii Non-Interest Income as a percentage to Working Funds. 0.94% 0.68% 3. ˆÅ¸¡¸ÄˆÅ¸£ú ¢›¸¢š¸¡¸¸Ê ¬¸½ œ¸¢£\¸¸¥¸›¸Š¸÷¸ ¥¸¸ž¸ ˆÅ¸ œÏ¢÷¸©¸÷¸ 1.14% 1.56% iii Operating Profit as a percentage to Working Funds. 1.14% 1.56% 4. ‚¸¦¬÷¸¡¸¸Ê œ¸£ ‚¸¡¸ (0.86) 0.07 iv Return on Assets (0.86) 0.07 5. œÏ¢÷¸ ˆÅŸ¸Ä\¸¸£ú ˆÅ¸£¸½¤¸¸£ (]¸Ÿ¸¸ + ‚¢ŠÏŸ¸) (³Åœ¸¡¸½ ˆÅ£¸½”õ Ÿ¸Ê) 18.40 18.02 Business (Deposits + Advances) per employee (Rs. in v 18.40 18.02 6. œÏ¢÷¸ ˆÅŸ¸Ä\¸¸£ú ¥¸¸ž¸ (³Åœ¸¡¸½ ¥¸¸‰¸ Ÿ¸Ê) (10.58) 0.73 Crores) vi Profit per Employee (Rs. in Lakh) (10.58) 0.73

6. ‚¸¦¬÷¸ ™½¡¸÷¸¸ œÏ¤¸¿š¸›¸À Asset Liability Management:

‚¸¦¬÷¸¡¸¸Ê ‚¸¾£ ™½¡¸÷¸¸‚¸Ê ˆÅú ˆºÅŽ Ÿ¸™¸Ê ˆÅú œ¸¢£œ¸Æ¨¸÷¸¸ œ¸š™¢÷¸ Maturity pattern of certain items of Assets and Liabilities (²Åœ¸‡ ˆÅ£¸½”õ Ÿ¸Ê) (Rs. in Crores

¢¨¸¨¸£µ¸ 1 ¢™›¸ 2 ¬¸½ 7 ¢™›¸ 8 ¬¸½ 14 15 ¬¸½ 30 ¢™›¸ 31 ¢™›¸ ¬¸½ 2 Ÿ¸¸í ¬¸½ 3 Ÿ¸¸í ¬¸½ 6 Ÿ¸¸í ¬¸½ 1 ¨¸«¸Ä ¬¸½ 3 ¨¸«¸Ä ¬¸½ 5 ¨¸«¸Ä ¬¸½ ˆºÅ¥¸ Particulars 1 day 2 to 7 days ¢™›¸ 15 to 30 2 Ÿ¸¸í ‚¢š¸ˆÅ 3 Ÿ¸¸í ‚¢š¸ˆÅ ‚¸¾£ ‚¢š¸ˆÅ ‚¸¾£ ‚¢š¸ˆÅ ‚¸¾£ Total 8 to 14 days 31 days to ‚¢š¸ˆÅ 5 ‚¢š¸ˆÅ ÷¸ˆÅ Over 6 Ÿ¸¸í ÷¸ˆÅ 1 ¨¸«¸Ä ÷¸ˆÅ 3 ¨¸«¸Ä ÷¸ˆÅ Over 5 days 2months 2 months Over 3 Over 6 Over 1 year ¨¸«¸Ä ÷¸ˆÅ years and up to 3 months up months up up to 3 Over 3 months to 6 months to 1 year years years up to 5 years

]¸Ÿ¸¸£¸¢©¸¡¸¸¿ Deposits 882.67 1671.31 1722.08 2763.73 3299.29 4927.23 8792.55 29282.52 80303.97 1138.18 4269.30 139052.83 ‚¢ŠÏŸ¸ Advances 880.29 1363.19 3643.63 3894.87 2486.82 2139.81 10600.07 7653.98 37396.04 14188.24 17289.84 101536.78 ¢›¸¨¸½©¸ Investments 11.00 149.46 0.00 355.58 418.57 226.61 1596.71 1398.91 6202.24 4083.85 24398.65 38841.58 „š¸¸¢£¡¸¸¿ Borrowings 40.65 0.00 0.00 1500.00 0.00 22.00 70.00 324.29 1270.78 1013.88 3996.68 8238.28

¢¨¸™½©¸ú Ÿ¸ºÍ¸ ‚¸¦¬÷¸¡¸¸Â Foreign Currency Assets 636.97 3355.57 33.97 917.52 624.48 1140.35 889.51 661.48 0.00 0.00 0.00 8259.85

¢¨¸™½©¸ú Ÿ¸ºÍ¸ ™½¡¸÷¸¸‡Â Foreign Currency Liabilities 123.65 4170.62 40.28 2151.62 497.01 673.72 748.85 715.60 211.76 143.86 0.00 9476.97

73 Annual Report 2016-17

6.1 ÷¸£¥¸÷¸¸ ˆÅ¨¸£½]¸ ‚›¸ºœ¸¸÷¸ À Liquidity Coverage Ratio: Ÿ¸¸°¸¸÷Ÿ¸ˆÅ œÏˆÅ’›¸ : Quantitative Disclosure: (²Åœ¸‡ ˆÅ£¸½”õ Ÿ¸Ê) (Rs in Crores)

2016-17 2015-16 ˆºÅ¥¸ ‚ž¸¸¢£÷¸ Ÿ¸»¥¡¸ ˆºÅ¥¸ ž¸¸¢£÷¸ Ÿ¸»¥¡¸ ˆºÅ¥¸ ‚ž¸¸¢£÷¸ Ÿ¸»¥¡¸ ˆºÅ¥¸ ž¸¸¢£÷¸ Ÿ¸»¥¡¸ (‚¸¾¬¸÷¸) (‚¸¾¬¸÷¸) (‚¸¾¬¸÷¸) (‚¸¾¬¸÷¸) Total Un-weighted Total Weighted Total Un-weighted Total Weighted Value (average) Value (average) Value (average) Value (average) „\\¸ Š¸ºµ¸¨¸î¸¸ ÷¸£¥¸ ‚¸¦¬÷¸¡¸¸¿ High Quality Liquid Assets (HQLAs) 1 ˆºÅ¥¸ „\\¸ Š¸ºµ¸¨¸î¸¸ ˆÅú ÷¸£¥¸ ‚¸¦¬÷¸¡¸¸¿ Total High Quality liquid Assets 18596.48 14278.33

›¸ˆÅ™ú ¤¸¢íŠ¸ÄŸ¸›¸ Cash outflows 2 ¢£’½¥¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸¿ ‚¸¾£ Ž¸½’½ ¨¡¸¨¸¬¸¸¡¸ú ŠÏ¸íˆÅ¸Ê ¬¸½ ]¸Ÿ¸¸£¸¢©¸¡¸¸¿ Retail deposits and deposits from small business customers, of which: 107266.86 9067.68 96930.79 8243.66 (i) ¦¬˜¸£ ]¸Ÿ¸¸£¸¢©¸¡¸¸¿ Stable deposits 33180.06 1659.00 28988.47 1449.43 (ii) ˆÅŸ¸ ¦¬˜¸£ ]¸Ÿ¸¸£¸¢©¸¡¸¸¿ Less stable deposits 74086.80 7408.68 67942.33 6794.23 3 ‚£¢®¸÷¸ ˜¸¸½ˆÅ ¢›¸š¸ú¡¸›¸, ¢]¸›¸Ÿ¸Ê ¬¸½ À Unsecure wholesale funding, of which: 21877.24 13388.50 23020.52 11667.56 (i) œ¸¢£\¸¸¥¸›¸Š¸÷¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸¿ (¬¸ž¸ú œÏ¢÷¸œ¸®¸) Operational deposits (all counterparties) 167.41 41.85 1413.08 353.27 (ii) ‚œ¸¢£\¸¸¥¸›¸Š¸÷¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸¿ (¬¸ž¸ú œÏ¢÷¸œ¸®¸) Non-operational deposits ( all counterparties) 21709.83 13346.64 21607.44 11314.29 (iii) ‚£¢®¸÷¸ †µ¸ Unsecured debt 0.00 0.00 0.00 0.00 4 £¢®¸÷¸ ˜¸¸½ˆÅ ¢›¸š¸ú¡¸›¸ Secured wholesale funding 236.85 0.00 236.85 0.00 5 ‚¢÷¸¢£Æ÷¸ ‚¸¨¸©¡¸ˆÅ÷¸¸‡¿, ¢]¸›¸Ÿ¸Ê ¬¸½ À Additional requirements, of which: 16944.35 2014.84 16610.11 1933.91 (i) ”½¢£¨¸½¢’¨¸ ¢¨¸Š¸¸½œ¸›¸ ‚¸¾£ ‚›¡¸ ¬¸í¸¡¸ˆÅ ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ¬¸¿¤¸¿š¸ú ¤¸¢íŠ¸ÄŸ¸›¸ Outflows related to derivatives exposure and other collateral requirements 0.00 0.00 0.00 0.00 (ii) †µ¸ „÷œ¸¸™¸Ê œ¸£ ¢›¸š¸ú¡¸›¸ ˆÅú í¸¢›¸ ¬¸¿¤¸¿š¸ú ¤¸¢íŠ¸ÄŸ¸›¸ Outflows related to loss of funding on debt products 0.00 0.00 0.00 0.00 (iii) †µ¸ ‚¸¾£ ÷¸£¥¸÷¸¸ „÷œ¸¸™ Credit and liquidity products 16944.35 2014.84 16610.11 1933.91 6 ‚›¡¸ ‚›¸º¤¸¿š¸¸÷Ÿ¸ˆÅ ¢›¸š¸ú¡¸›¸ ¤¸¸š¡¸÷¸¸‡¿ Other contractual funding obligations 150.35 150.35 197.58 197.58 7 ‚›¡¸ ‚¸ˆÅ¦¬Ÿ¸ˆÅ ¢›¸š¸ú¡¸›¸ ¤¸¸š¡¸÷¸¸‡¿ Other contingent funding obligtations 14634.09 476.07 13992.74 662.14 8 ˆºÅ¥¸ ›¸ˆÅ™ú ¤¸¢íŠ¸ÄŸ¸›¸ Total cash outflows 25097.44 22704.85

74 Jeeef

›¸ˆÅ™ú ‚¿÷¸¨¸¸Äí Cash inflows 9 £¢®¸÷¸ „š¸¸£ú („™¸.œÏ¢÷¸¨¸¢÷¸Ä÷¸ £½œ¸¸½) Secured lending (e.g. reverse repos) 2950.65 0.00 439.99 0.00 10 œ¸»µ¸Ä ¢›¸«œ¸¸™ˆÅ ¢¨¸Š¸¸½œ¸›¸¸Ê ¬¸½ ‚¿÷¸¨¸¸Äí Inflows from fully performing exposures 9473.86 8863.02 4133.04 3309.18 11 ‚›¡¸ ›¸ˆÅ™ú ‚¿÷¸¨¸¸Äí Other cash inflows 523.36 367.21 896.91 510.42 12 ˆºÅ¥¸ ›¸ˆÅ™ú ‚¿÷¸¨¸¸Äí TOTAL CASH INFLOWS 12947.87 9230.23 5469.94 3819.60

ˆºÅ¥¸ ¬¸Ÿ¸¸¡¸¸½¢]¸÷¸ ˆºÅ¥¸ ¬¸Ÿ¸¸¡¸¸½¢]¸÷¸ Ÿ¸»¥¡¸ Ÿ¸»¥¡¸ Total Adjusted Total Adjusted Value Value 13 ˆºÅ¥¸ „\\¸ Š¸ºµ¸¨¸î¸¸ ˆÅú ÷¸£¥¸ ‚¸¦¬÷¸¡¸¸¿ TOTAL HQLA 18596.48 14278.33 14 ˆºÅ¥¸ ¢›¸¨¸¥¸ ›¸ˆÅ™ú ‚¿÷¸¨¸¸Äí TOTAL NET CASH OUTFLOWS 15867.21 18885.25 15 ÷¸£¥¸÷¸¸ ˆÅ¨¸£½]¸ ‚›¸ºœ¸¸÷¸ (%) Liquidity coverage ratio (%) 117.20% 75.61% Ÿ¸¸°¸¸÷Ÿ¸ˆÅ Qualitative ÷¸£¥¸÷¸¸ ˆÅ¨¸£½]¸ ‚›¸ºœ¸¸÷¸ (‡¥¸¬¸ú‚¸£) ˆÅ¸ ¥¸®¡¸ ¡¸í ¬¸º¢›¸¢ä¸÷¸ ˆÅ£›¸¸ í¾ ¢ˆÅ ¤¸ÿˆÅ ˆ½Å œ¸¸¬¸ The Liquidity Coverage Ratio (LCR) aims to ensure that a bank has an ž¸¸££¢í÷¸ „\\¸ Š¸ºµ¸¨¸î¸¸ ˆÅú ÷¸£¥¸ ‚¸¦¬÷¸¡¸¸Ê (‡\¸Æ¡¸»‡¥¸‡) ˆÅ¸ œ¸¡¸¸Äœ÷¸ ¬’¸ˆÅ í¾, ]¸¸½¢ˆÅ adequate stock of unencumbered High-Quality Liquid Assets (HQLA) that can be converted into cash easily and immediately to meet its ÷¸£¥¸÷¸¸ ™¤¸¸¨¸ œ¸¢£´©¡¸ Ÿ¸Ê 30 ˆ¾Å¥¸½µ”£ ¢™›¸¸Ê ˆÅú ¬¸Ÿ¸¡¸ ¬¸úŸ¸¸ ˆ½Å ¢¥¸‡ ‚œ¸›¸ú ÷¸£¥¸÷¸¸ liquidity needs for a 30 calendar day liquidity stress scenario. ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ˆÅú œ¸»¢÷¸Ä ˆ½Å ¢¥¸‡ ƒ¬¸½ ÷¸÷ˆÅ¸¥¸ ‚¸¾£ ¬¸£¥¸÷¸¸ ¬¸½ ›¸ˆÅ™ú Ÿ¸Ê œ¸¢£¨¸¢÷¸Ä÷¸ ˆÅ¡¸¸ ]¸¸ ¬¸ˆÅ÷¸¸ í¾. The LCR is calculated by dividing the amount of High Quality Liquid unencumbered Assets (HQLA) by the estimated net outflows over a ‡¥¸¬¸ú‚¸£ ˆÅ¸ œ¸¢£ˆÅ¥¸›¸ 30 ˆ¾Å¥¸½µ”£ ¢™›¸¸Ê ˆÅú ™¤¸¸¨¸ŠÏ¬÷¸ ‚¨¸¢š¸ œ¸£ ‚›¸ºŸ¸¸¢›¸÷¸ ¢›¸¨¸¥¸ stressed 30 calendar day period. The net cash outflows are calculated ¤¸¢í¨¸¸Äí ×¸£¸ ž¸¸££¢í÷¸ „\\¸ Š¸ºµ¸¨¸î¸¸ ˆÅú ÷¸£¥¸ ‚¸¦¬÷¸¡¸¸Ê (‡\¸Æ¡¸»‡¥¸‡) ˆÅú £¸¢©¸ ˆÅ¸½ by applying RBI prescribed outflow factors to the various categories ¢¨¸ž¸Æ÷¸ ˆÅ£ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. ¢›¸¨¸¥¸ ›¸ˆÅ™ú ¤¸¢í¨¸¸Äí ˆÅ¸ œ¸¢£ˆÅ¥¸›¸ ™½¡¸÷¸¸‚¸Ê ˆÅú ¢¨¸¢ž¸››¸ of liabilities (deposits, unsecured and secured wholesale borrowings), ª½¢µ¸¡¸¸Ê (]¸Ÿ¸¸£¸¢©¸¡¸¸Ê, œÏ÷¡¸¸ž¸»÷¸ ¨¸ Š¸¾£ œÏ÷¡¸¸ž¸»÷¸ ˜¸¸½ˆÅ „š¸¸¢£¡¸¸¿) ˆ½Å ¬¸¸˜¸ íú 30 ¢™›¸¸Ê as well as to undrawn commitments and derivative-related exposures, netted by inflows from assets maturing within 30 days. ˆ½Å ž¸ú÷¸£ œ¸¢£œ¸Æ¨¸ í¸½›¸½ ¨¸¸¥¸ú ‚¸¦¬÷¸¡¸¸Ê ¬¸½ í¸½›¸½ ¨¸¸¥¸½ ‚¿÷¸¨¸¸Äí ×¸£¸ ¬¸Ÿ¸¸¡¸¸½¢]¸÷¸ ‚›¸¸í¢£÷¸ œÏ¢÷¸¤¸Ö÷¸¸‚¸Ê ‚¸¾£ ¨¡¸º÷œ¸››¸ ¬¸¿¤¸¿¢š¸÷¸ ¢¨¸Š¸¸½œ¸›¸¸Ê í½÷¸º ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ¢›¸¢™Ä«’ Average LCR for the year ended 31st March 2017 is 117.20%, above ¤¸¢í¨¸¸Äí ‹¸’ˆÅ¸Ê ˆÅ¸½ ¥¸¸Š¸» ˆÅ£ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. RBI prescribed minimum requirement of 70%. 31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ˆ½Å ¢¥¸‡ ‚¸¾¬¸÷¸ ‡¥¸¬¸ú‚¸£ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ HQLAs consist of Level 1 assets (Cash, excess CRR balance, Government security in excess of minimum SLR requirement, ¢›¸¢™Ä«’ „œ¸¡¸ºÄÆ÷¸ ›¡¸»›¸÷¸Ÿ¸ 70% ˆÅú ‚¸¨¸©¡¸ˆÅ÷¸¸ ˆÅú ÷¸º¥¸›¸¸ Ÿ¸Ê 117.20% £í¸ í¾. Government securities with in mandatory SLR requirement up to 2% ‡¬¸Æ¡¸»‡¥¸‡ Ÿ¸Ê ¬÷¸£ 1 ˆÅú ‚¸¦¬÷¸¡¸¸¿ (›¸ˆÅ™ú, ‚¢÷¸¢£Æ÷¸ ¬¸ú‚¸£‚¸£ ©¸½«¸, ›¡¸»›¸÷¸Ÿ¸ under MSF and 8% under FALLCR) and other level 2 assets. ‡¬¸‡¥¸‚¸£ ‚¸¨¸©¡¸ˆÅ÷¸¸ ˆÅú ‚¢š¸ˆÅ÷¸¸ Ÿ¸Ê ¬¸£ˆÅ¸£ú œÏ¢÷¸ž¸»¢÷¸, ‡ûÅ‡‡¥¸‡¥¸¬¸ú‚¸£ ˆ½Å Funding sources are concentrated in SLR securities however they ‚¿÷¸Š¸Ä÷¸ 8% ‚¸¾£ ‡Ÿ¸‡¬¸‡ûÅ ˆ½Å ‚¿÷¸Š¸Ä÷¸ 2% ÷¸ˆÅ ‚¢›¸¨¸¸¡¸Ä ‡¬¸‡¥¸‚¸£ ‚¸¨¸©¡¸ˆÅ÷¸¸ ˆ½Å constitute major portion of liquid assets possessed by Bank. ž¸ú÷¸£ ¬¸£ˆÅ¸£ú œÏ¢÷¸ž¸»¢÷¸¡¸¸¿) ‚¸¾£ ‚›¡¸ ¬÷¸£ 2 ˆÅú ‚¸¦¬÷¸¡¸¸¿ ¬¸Ÿ¸¸¢¨¸«’ íÿ. 7. Concentration of Deposits, Advances, Exposure and NPA ¢›¸¢š¸¡¸›¸ è¸¸½÷¸ ‡¬¸‡¥¸‚¸£ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê Ÿ¸Ê ¬¸¿‹¸¢’÷¸ í¾ ÷¸˜¸¸¢œ¸ ¨¸½ ¤¸ÿˆÅ ×¸£¸ š¸¸¢£÷¸ ÷¸£¥¸ 7.1 Concentration of Deposits ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ Ÿ¸º‰¡¸ ž¸¸Š¸ ¤¸›¸¸÷¸½ íÿ. (Rs. in Crores) 7. ]¸Ÿ¸¸, ‚¢ŠÏŸ¸¸Ê, ¢¨¸Š¸¸½œ¸›¸ ÷¸˜¸¸ ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ ¬¸¿ˆ½Å›Íµ¸ Particulars 31.03.2017 31.03.2016

7.1 ]¸Ÿ¸¸£¸¢©¸¡¸¸Ê ˆÅ¸ ¬¸¿ˆ½Å›Íµ¸ Total Deposits of Twenty largest 7849.10 13693.14 (²Å.ˆÅ£¸½”õ Ÿ¸Ê) Depositors Percentage of Deposits of Twenty largest depositors to Total Deposits of 5.64% 9.85% ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 the Bank ¤¸ú¬¸ ¬¸¤¸¬¸½ ¤¸”õ½ ]¸Ÿ¸¸ˆÅ÷¸¸Ä‚¸Ê ˆÅú ˆºÅ¥¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸¿ 7849.10 13693.14 ¤¸ÿˆÅ ˆÅú ˆºÅ¥¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸Ê¬¸½ ¤¸ú¬¸ ¬¸¤¸¬¸½ ¤¸”õ½ ]¸Ÿ¸¸ˆÅ÷¸¸Ä‚¸Ê ˆÅú 5.64% 9.85% ˆºÅ¥¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸Ê ˆÅ¸ œÏ¢÷¸©¸÷¸

75 Annual Report 2016-17

7.2 ‚¢ŠÏŸ¸¸Ê ˆÅ¸ ¬¸¿ˆ½Å›Íµ¸ 7.2 Concentration of Advances (Rs. in Crores) (²Å.ˆÅ£¸½”õ Ÿ¸Ê) Particulars 31.03.2017 31.03.2016 Total Advances of Twenty largest ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 14524.85 15530.01 borrowers ¤¸ú¬¸ ¬¸¤¸¬¸½ ¤¸”õ½ „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆ½Å ˆºÅ¥¸ ‚¢ŠÏŸ¸ 14524.85 15530.01 Percentage of Advances of ¤¸ÿˆÅ ˆ½Å ˆºÅ¥¸ ‚¢ŠÏŸ¸¸Ê ¬¸½ ¤¸ú¬¸ ¬¸¤¸¬¸½ ¤¸”õ½ „š¸¸£ˆÅ÷¸¸Ä‚¸Ê ˆ½Å Twenty largest borrowers to Total 14.31% 13.96% 14.31% 13.96% ‚¢ŠÏŸ¸¸Ê ˆÅ¸ œÏ¢÷¸©¸÷¸ Advances of the Bank 7.3 ¢¨¸Š¸¸½œ¸›¸¸Ê ˆÅ¸ ¬¸¿ˆ½Å›Íµ¸ 7.3 Concentration of Exposure (Rs. in Crores)

(²Å.ˆÅ£¸½”õ Ÿ¸Ê) Particulars 31.03.2017 31.03.2016 Total Exposure to twenty largest 20842.46 20052.01 ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 borrowers / customers 20 ¬¸¤¸¬¸½ ¤¸”õ½ „š¸¸£ˆÅ÷¸¸Ä‚¸Ê / ŠÏ¸íÃˆÅ¸Ê ˆÅ¸ ˆºÅ¥¸ ¢¨¸Š¸¸½œ¸›¸ 20842.46 20052.01 Percentage of Exposures of Twenty largest borrowers / cus- 15.26% 13.40% „š¸¸£ˆÅ÷¸¸Ä‚¸Ê / ŠÏ¸íÃˆÅ¸Ê Ÿ¸Ê ¤¸ÿˆÅ ˆ½Å ˆºÅ¥¸ ¢¨¸Š¸¸½œ¸›¸ ¬¸½ ˆºÅ¥¸ ‚¢ŠÏŸ¸¸Ê ¬¸½ 15.26% 13.40% tomers to Total Exposure of the 20 ¬¸¤¸¬¸½ ¤¸”õ½ „š¸¸£ˆÅ÷¸¸Ä‚¸Ê/ ŠÏ¸íÃˆÅ¸Ê ˆ½Å ˆºÅ¥¸ ¢¨¸Š¸¸½œ¸›¸ ˆÅ¸ œÏ¢÷¸©¸÷¸ Bank on borrowers / customers 7.4 ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ ]¸Ÿ¸¸¨¸ 7.4 Concentration of NPAs (Rs. in Crores)

(²Å.ˆÅ£¸½”õ Ÿ¸Ê) Particulars 31.03.2017 31.03.2016 Total Exposure to top four NPA 3566.33 2145.08 ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 accounts œ¸í¥¸½ 4 ‚›¸]¸ÄˆÅ ‰¸¸÷¸¸Ê Ÿ¸Ê ˆºÅ¥¸ ¢¨¸Š¸¸½œ¸›¸ 3566.33 2145.08 7.5 Movement of Gross NPAs 7.5 ¬¸ˆÅ¥¸ ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ ¬¸¿ˆÊÅÍµ¸ (Rs. in Crores) (²Å.ˆÅ£¸½”õ Ÿ¸Ê) Particulars 2016-17 2015-16 Gross NPAs as on 1st April (Opening ¢¨¸¨¸£µ¸ 2016-17 2015-16 10385.85 6402.06 Balance) ¢™›¸¸¿ˆÅ 1 ‚œÏ¾¥¸ ˆÅ¸½ ¬¸ˆÅ¥¸ ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸¿ ( ‚¸£¿¢ž¸ˆÅ ©¸½«¸) 10385.85 6402.06 Additions (Fresh NPA) during the year 9119.05 5723.85 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ (›¸ƒÄ ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê Ÿ¸Ê) ¨¸¼¢Ö 9119.05 5723.85 Sub-total (A) 19504.90 12125.91 „œ¸ ]¸¸½”õ (ˆÅ) 19504.90 12125.91 Less: ‹¸’¸‡¿ : (i) Up gradations 149.36 191.29 (ii) Recoveries (excluding recoveries (i) ˆÅ¸½¢’ „››¸¡¸›¸ 149.36 191.29 809.72 645.45 made from upgraded accounts) (ii) ¨¸¬¸»¢¥¸¡¸¸¿ (ˆÅ¸½¢’ „››¸÷¸ ‰¸¸÷¸¸Ê Ÿ¸Ê íºƒÄ ¨¸¬¸»¢¥¸¡¸¸Ê ˆÅ¸½ Ž¸½”õˆÅ£) 809.72 645.45 (iii) Technical / Prudential write-off 1119.04 820.23 (iii) ÷¸ˆÅ›¸úˆÅú/¢¨¸¨¸½ˆÅœ¸»µ¸Ä ¤¸’Ã’½ ‰¸¸÷¸½ 1119.04 820.23 (iv) Write-offs other than those under 238.07 83.09 (iv) „œ¸¡¸ºÄÆ÷¸ (iii) ˆ½Å ‚¿÷¸Š¸Ä÷¸ ™©¸¸Ä‡ Š¸‡ ¤¸’Ã’½ ‰¸¸÷¸¸Ê ˆÅ¸½ (iii) above 238.07 83.09 Ž¸½”õˆÅ£ Sub-Total (B) 2316.19 1740.06 Gross NPAs as on 31st March (Clos- 17188.71 10385.85 „œ¸ ]¸¸½”õ (‰¸) 2316.19 1740.06 ing Balance) (A-B) 31 Ÿ¸¸\¸Ä ˆÅ¸½ (¥¸½‰¸¸¤¸¿™ú ©¸½«¸) ¬¸ˆÅ¥¸ ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸¿ 17188.71 10385.85 7.6 Movement of Technical / Prudential Write off (ˆÅ-‰¸) (Rs. in Crores) 7.6 ÷¸ˆÅ›¸úˆÅú/¢¨¸¨¸½ˆÅœ¸»µ¸Ä ¤¸’Ã’½ ‰¸¸÷¸¸Ê ˆÅ¸ ¬¸¿\¸¥¸›¸ (²Å.ˆÅ£¸½”õ Ÿ¸Ê) Particulars 2016-17 2015-16 Opening balance of Technical / ¢¨¸¨¸£µ¸ Prudential written-off accounts 2007.56 1281.77 2016-17 2015-16 as at 1st April 1 ‚œÏ¾¥¸ ˆÅ¸½ ÷¸ˆÅ›¸úˆÅú/ ¢¨¸¨¸½ˆÅœ¸»µ¸Ä ¤¸’Ã’½ ‰¸¸÷¸¸Ê ˆÅ¸ 2007.56 1281.77 Add: Technical / Prudential write ‚¸£¿¢ž¸ˆÅ ©¸½«¸ –offs during the year + variation ]¸¸½”õÊ : ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ÷¸ˆÅ›¸úˆÅú/¢¨¸¨¸½ˆÅœ¸»µ¸Ä ¤¸’Ã’½ ‰¸¸÷¸½ (Rs. 0.18 crores for Current Year 1136.25 821.10 + œ¸¢£¨¸÷¸Ä›¸ (¢œ¸Ž¥¸½ ¨¸«¸Ä ˆ½Å ¢¥¸‡ ²Å.0.86 ˆÅ£¸½”õ 1136.25 821.10 and Rs.0.86 crores for Previous Year) ‚¸¾£ \¸¸¥¸» ¨¸«¸Ä ˆ½Å ¢¥¸‡ ²Å.0.18 ˆÅ£¸½”õ) Sub-Total (A) 3143.81 2102.87 „œ¸ ]¸¸½”õ (ˆÅ) 3143.81 2102.87 Less: Recoveries made from ‹¸’¸‡¿ : ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œ¸»¨¸Ä ÷¸ˆÅ›¸úˆÅú/¢¨¸¨¸½ˆÅœ¸»µ¸Ä ¤¸’Ã’½ previous technical / prudential 75.12 95.31 75.12 95.31 ‰¸¸÷¸¸Ê Ÿ¸Ê íºƒô ¨¸¬¸»¢¥¸¡¸¸¿ (‰¸) written-off accounts during the year (B) 31 Ÿ¸¸\¸Ä ˆÅ¸½ ¥¸½‰¸¸¤¸¿™ú ©¸½«¸ (ˆÅ-‰¸) 3068.69 2007.56 Closing balance as at 31st 3068.69 2007.56 March (A-B)

76 Jeeef

®¸½°¸¨¸¸£ ‚¢ŠÏŸ¸ 7.7 Sector-Wise Advances: (²Å.ˆÅ£¸½”õ Ÿ¸Ê) (Rs. in Crores)

ÇÅŸ¸¸¿ˆÅ ®¸½°¸ 2016-17 2015-16 S. N. Sector ¤¸ˆÅ¸¡¸¸ ˆºÅ¥¸ ¬¸ˆÅ¥¸ ‚›¸]¸ÄˆÅ „¬¸ ®¸½°¸ Ÿ¸Ê ˆºÅ¥¸ ¤¸ˆÅ¸¡¸¸ ˆºÅ¥¸ ¬¸ˆÅ¥¸ ‚›¸]¸ÄˆÅ „¬¸ ®¸½°¸ Ÿ¸Ê ‚¢ŠÏŸ¸ ‚¸¦¬÷¸¡¸¸¿ ‚¢ŠÏŸ¸¸Ê ¬¸½ ¬¸ˆÅ¥¸ ‚¢ŠÏŸ¸ ‚¸¦¬÷¸¡¸¸¿ ˆºÅ¥¸ ‚¢ŠÏŸ¸¸Ê Outstanding Gross ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê Outstanding Gross ¬¸½ ¬¸ˆÅ¥¸ Total NPAs ˆÅ¸ (%) Total NPAs ‚›¸]¸ÄˆÅ Advances Percentage of Advances ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ Gross NPAs to (%) Total Advances Percentage of in that sector Gross NPAs to (%) Total Advances in that sector (%) A œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸ ®¸½°¸ Priority Sector

1 ˆ¼Å¢«¸ ‚¸¾£ ¬¸í¸¡¸ˆÅ Š¸¢÷¸¢¨¸¢š¸¡¸¸¿ 15290.78 1728 11.30 14851.67 1205.86 8.12 Agriculture and allied activities

2 œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸ ®¸½°¸ „š¸¸¢£¡¸¸Ê ˆ½Å ³Åœ¸ Ÿ¸Ê œ¸¸°¸ ‚¸¾Ô¸¸½¢Š¸ˆÅ ®¸½°¸ ˆÅ¸½ ‚¢ŠÏŸ¸ 5965.21 1927.19 32.31 6807.98 1533.55 22.53 Advances to industries sector eligible as priority sector lending 3 ¬¸½¨¸¸‡¿ Services 9180.9 1595.55 17.38 9262.61 1336.62 14.43 4 ¨¸¾¡¸¢Æ÷¸ˆÅ †µ¸ Personal loans 7005.01 364.61 5.20 7478.93 244.99 3.28 „œ¸-]¸¸½”õ (ˆÅ) Sub-total (A) 37441.95 5615.35 15.00 38401.19 4321.02 11.25

B Š¸¾£ œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸ ®¸½°¸ Non-Priority Sector

1 ˆ¼Å¢«¸ ‚¸¾£ ¬¸í¸¡¸ˆÅ Š¸¢÷¸¢¨¸¢š¸¡¸¸¿ 200.67 147.49 73.50 ------Agriculture and allied activities 2 „Ô¸¸½Š¸ Industry 26415.63 8319.05 31.49 31972.22 3842.43 12.02 3 ¬¸½¨¸¸‡¿ Services 24711.66 2677.19 10.83 32045.59 1890.51 5.90 4 ¨¸¾¡¸¢Æ÷¸ˆÅ †µ¸ Personal loans 12766.85 429.63 3.37 8821.28 331.89 3.76 „œ¸-]¸¸½”õ (‰¸) Sub-total (B) 64094.81 11573.36 18.06 72839.09 6064.83 8.33 ˆºÅ¥¸ (ˆÅ+‰¸) Total (A+B) 101536.76 17188.71 16.93 111240.28 10385.85 9.34

7.8 Overseas Assets, NPAs and Revenue 7.8 ¢¨¸™½©¸¸Ê Ÿ¸Ê ‚¸¦¬÷¸¡¸¸¿, ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸¿ ¨¸ £¸]¸¬¨¸ (²Å.ˆÅ£¸½”õ Ÿ¸Ê) (Rs. in Crores) Particulars 31.03.2017 31.03.2016 ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 Total Assets 1469.03 890.85 ˆºÅ¥¸ ‚¸¦¬÷¸¡¸¸¿ 1469.03 890.85 Total NPAs Nil Nil ˆºÅ¥¸ ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸¿ ©¸»›¡¸ ©¸»›¡¸ Total Revenue 2.59 1.62 ˆºÅ¥¸ £¸]¸¬¨¸ 2.59 1.62 7.9 Off-balance sheet SPVs sponsored 7.9 ÷¸º¥¸›¸œ¸°¸ ˆ½Å ¤¸¸í£ œÏ¸¡¸¸½¢]¸÷¸ ‡¬¸œ¸ú¨¸ú Name of the SPV sponsored œÏ¸¡¸¸½¢]¸÷¸ ‡¬¸œ¸ú¨¸ú ˆÅ¸ ›¸¸Ÿ¸ Domestic Overseas Nil Nil ‹¸£½¥¸» ¢¨¸™½©¸ú ©¸»›¡¸ ©¸»›¡¸

77 Annual Report 2016-17

8. ¢¨¸Š¸¸½œ¸›¸À 8. Exposures: 8.1 Exposure to Real Estate Sector 8.1 ¬˜¸¸¨¸£ ¬¸¿œ¸™¸ (£ú¡¸¥¸ ‡¬’½’) ®¸½°¸ Ÿ¸Ê ¢¨¸Š¸¸½œ¸›¸ (Rs. in Crores) (²Å.ˆÅ£¸½”õ Ÿ¸Ê) S N Category 31.03.2017 31.03.2016 ª½µ¸ú 31.03.2017 31.03.2016 a) Direct exposure 20414.56 18522.62 ˆÅ. œÏ÷¡¸®¸ ¢¨¸Š¸¸½œ¸›¸ i Residential Mortgages – 14370.45 11460.65 20414.56 18522.62 Out of which Loans up to Rs. 25lakh 6982.71 7008.77 Lending fully secured by mortgage i) ‚¸¨¸¸¬¸ú¡¸ ¤¸¿š¸ˆÅ -¢]¸¬¸Ÿ¸Ê ¬¸½ ²Å.25.00 ¥¸¸‰¸ ÷¸ˆÅ ˆ½Å †µ¸ 14370.45 11460.65 on residential property that is or will „š¸¸£ˆÅ÷¸¸Ä ×¸£¸ ‚¢š¸ŠÏ¢í÷¸ ¡¸¸ ‚¢š¸ŠÏíµ¸ ˆÅú ]¸¸›¸½ ¨¸¸¥¸ú ¡¸¸ 6982.71 7008.77 be occupied by the borrower or that ¢ˆÅ£¸¡¸½ ¬¸½ ™ú ¬¸¿œ¸¢î¸ œ¸£ ¢™¡¸½ Š¸¡¸½ †µ¸ ¤¸¿š¸ˆÅ ×¸£¸ œ¸»µ¸Ä÷¸À is rented; (Individual housing loans eligible for inclusion in priority sector £¢®¸÷¸ íÿ. (œÏ¸˜¸¢Ÿ¸ˆÅ÷¸¸ ®¸½°¸ ‚¢ŠÏŸ¸ Ÿ¸Ê ©¸¸¢Ÿ¸¥¸ ¢ˆÅ‡ ]¸¸›¸½ ˆ½Å advances may be shown separately) ¢¥¸‡ œ¸¸°¸ ¨¡¸¢Æ÷¸Š¸÷¸ ‚¸¨¸¸¬¸ †µ¸¸Ê ˆÅ¸½ ‚¥¸Š¸ ¬¸½ ™©¸¸Ä¡¸¸ ]¸¸‡) ii Commercial Real Estate – ii) ¨¸¸¢µ¸¦]¡¸ˆÅ ¬˜¸¸¨¸£ ¬¸¿œ¸™¸À Lending secured by mortgages on 6044.11 7061.97 commercial real estates (office ¨¸¸¢µ¸¦]¡¸ˆÅ ¬˜¸¸¨¸£ ¬¸¿œ¸™¸ œ¸£ ¤¸¿š¸ˆÅ ×¸£¸ £¢®¸÷¸ †µ¸ 6044.11 7061.97 buildings, retail space, multi-purpose (ˆÅ¸¡¸¸Ä¥¸¡¸ ž¸¨¸›¸, ¢£’½¥¸ ¬˜¸¸›¸, ¤¸íºœÏ¡¸¸½]¡¸ ¨¸¸¢µ¸¦]¡¸ˆÅ commercial premises, multi-family œ¸¢£¬¸£, ¤¸íº-œ¸¢£¨¸¸£ ‚¸¨¸¸¬¸ú¡¸ ž¸¨¸›¸, ‚¢š¸ˆÅ ¢ˆÅ£¸¡¸½™¸£¸Ê residential buildings, multi-tenanted commercial premises, industrial or ¨¸¸¥¸½ ¨¸¸¢µ¸¦]¡¸ˆÅ œ¸¢£¬¸£, ‚¸¾Ô¸¸½¢Š¸ˆÅ ¡¸¸ Š¸¸½™¸Ÿ¸ ¬˜¸¸›¸, í¸½’¥¸, warehouse space, hotels, land ž¸»‚¢š¸ŠÏíµ¸, ¢¨¸ˆÅ¸¬¸ ‚¸¾£ ¢›¸Ÿ¸¸Äµ¸ ‚¸¢™) ¢›¸¨¸½©¸ Ÿ¸Ê Š¸¾£¢›¸¢š¸ acquisition, development and construction, etc.) Exposure also ‚¸š¸¸¢£÷¸ ¬¸úŸ¸¸‡¿ ž¸ú ©¸¸¢Ÿ¸¥¸ íÿ. includes non-fund based (NFB) limits. iii) ¤¸¿š¸ˆÅ ×¸£¸ œÏ¢÷¸£¢®¸÷¸ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê (‡Ÿ¸¤¸ú‡¬¸) ÷¸˜¸¸ ‚›¡¸ iii Investments in Mortgage Backed £¢®¸÷¸ ¢¨¸Š¸¸½œ¸›¸¸Ê Ÿ¸Ê ¢›¸¨¸½©¸- Securities (MBS) and other securitised ˆÅ) ‚¸¨¸¸¬¸ú¡¸ ©¸»›¡¸ ©¸»›¡¸ exposures – a. Residential, Nil Nil ‰¸) ¨¸¸¢µ¸¦]¡¸ˆÅ ¬˜¸¸¨¸£ ¬¸¿œ¸™¸ ©¸»›¡¸ ©¸»›¡¸ b. Commercial Real Estate. Nil Nil ‰¸) ‚œÏ÷¡¸®¸ ¢›¸¨¸½©¸ Indirect Exposure £¸«’ïú¡¸ ‚¸¨¸¸¬¸ ¤¸ÿˆÅ ‚¸¾£ ‚¸¨¸¸¬¸ú¡¸ ¢¨¸î¸ ˆ¿Åœ¸¢›¸¡¸¸Ê Ÿ¸Ê ¢›¸¢š¸ 1763.32 4663.55 b) Fund based and non-fund based exposures on National Housing Bank 1763.32 4663.55 ‚¸š¸¸¢£÷¸ ‚¸¾£ Š¸¾£ ¢›¸¢š¸ ‚¸š¸¸¢£÷¸ ¢›¸¨¸½©¸ (NHB) and Housing Finance Compa- ¢£¡¸¥¸ ƒ¬’½’ ®¸½°¸ í½÷¸º ˆºÅ¥¸ ¢¨¸Š¸¸½œ¸›¸ nies (HFCs). 22177.88 23186.17 Total Exposure to Real Estate Sector 22177.88 23186.17 8.2 Exposure to Capital Market 8.2 œ¸»¿]¸ú ¤¸¸]¸¸£ ˆÅ¸ ¢¨¸Š¸¸½œ¸›¸ (Rs. in Crores) (²Å. ˆÅ£¸½”õ Ÿ¸Ê) S Particulars 31.03.2017 31.03.2016 N 31.03.2017 31.03.2016 i Direct investment in equity shares, ¢¨¸¨¸£µ¸ convertible bonds, convertible debentures and units of equity- 83.09 100.52 i) ƒÄ¦Æ¨¸’ú ©¸½¡¸£,œ¸¢£¨¸÷¸Ä›¸ú¡¸ ¤¸¸Áµ”, œ¸¢£¨¸÷¸Ä›¸ú¡¸ ¢”¤¸Ê\¸£¸Ê , oriented mutual funds the corpus of ƒÄ¦Æ¨¸’ú „›Ÿ¸º‰¸ Ÿ¡¸»\¡¸»‚¥¸ û¿Å”¸Ê ˆÅú ¡¸»¢›¸’¸Ê Ÿ¸Ê ¢]¸¬¸ˆÅú Ÿ¸»¥¸¢›¸¢š¸ which is not exclusively invested in 83.09 100.52 ˆÅ¸ ¢›¸¨¸½©¸ ˆ½Å¨¸¥¸ ¬¸¿¬˜¸¸Š¸÷¸ †µ¸¸Ê ›¸íú¿ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾, Ÿ¸Ê œÏ÷¡¸®¸ corporate debt ii Advances against shares/bonds/ ¢›¸¨¸½©¸ debentures or other securities or ii) ¨¡¸¢Æ÷¸¡¸¸Ê ˆÅ¸½ ƒÄ¦Æ¨¸’ú ©¸½¡¸£¸Ê (‚¸ƒÄœ¸ú‚¸½/ƒÄ‡¬¸‚¸½œ¸ú‡¬¸ on clean basis to individuals for ¬¸¢í÷¸), œ¸¢£¨¸÷¸Ä›¸ú¡¸ ¤¸¸Áµ”¸Ê, œ¸¢£¨¸÷¸Ä›¸ú¡¸ ¢”¤¸Ê\¸£¸Ê, investment in shares (including Nil Nil ©¸»›¡¸ ©¸»›¡¸ IPOs/ESOPs), convertible bonds, ƒÄ¦Æ¨¸’ú „›Ÿ¸º‰¸ Ÿ¡¸»\¡¸»‚¥¸ û¿Å”¸½ Ÿ¸Ê ¢›¸¨¸½©¸ ˆÅ£›¸½ í½÷¸º convertible debentures, and units ©¸½¡¸£¸Ê/¤¸¸Áµ”¸Ê/¢”¤¸Ê\¸£¸Ê ¡¸¸ ¢ˆÅ¬¸ú ‚›¡¸ œÏ¢÷¸ž¸»¢÷¸ œ¸£ ¡¸¸ Š¸¾£ of equity-oriented mutual funds ]¸Ÿ¸¸›¸÷¸ú ‚¸š¸¸£ œ¸£ ‚¢ŠÏŸ¸ iii Advances for any other purposes where shares or convertible bonds iii) ‚›¡¸ ¢ˆÅ¬¸ú œÏ¡¸¸½]¸›¸ í½÷¸º ‚¢ŠÏŸ¸, ]¸í¸Â ©¸½¡¸£¸Ê ¡¸¸ or convertible debentures or units 0.69 0.67 œ¸¢£¨¸÷¸Ä›¸ú¡¸ ¤¸¸Áµ”¸Ê ¡¸¸ œ¸¢£¨¸÷¸Ä›¸ú¡¸ ¢”¤¸Ê\¸£¸Ê ¡¸¸ ƒÄ¦Æ¨¸’ú „›Ÿ¸º‰¸ of equity oriented mutual funds are 0.69 0.67 Ÿ¡¸»\¡¸»‚¥¸ û¿Å”¸Ê ˆÅú ¡¸»¢›¸’¸Ê ˆÅ¸½ œÏ¸˜¸¢Ÿ¸ˆÅ œÏ¢÷¸ž¸»¢÷¸ ˆ½Å ³Åœ¸ Ÿ¸Ê taken as primary security ¢¥¸¡¸¸ Š¸¡¸¸ í¾ iv Advances for any other purposes to the extent secured by the collateral iv) ‚›¡¸ ¢ˆÅ¬¸ú œÏ¡¸¸½]¸›¸ í½÷¸º ‚¢ŠÏŸ¸, ]¸í¸Â ©¸½¡¸£¸Ê ¡¸¸ security or shares or convertible œ¸¢£¨¸÷¸Ä›¸ú¡¸ ¤¸¸Áµ”¸Ê ¡¸¸ ¢”¤¸Ê\¸£¸Ê ¡¸¸ ƒÄ¦Æ¨¸’ú „›Ÿ¸º‰¸ Ÿ¡¸»\¸º‚¥¸ bonds or convertible debentures or units of equity oriented mutual funds û¿Å”¸Ê ˆÅú ¡¸»¢›¸’¸Ê ˆÅ¸½ ¬¸¿œ¸¸æ¸¢¨¸ÄˆÅ œÏ¢÷¸ž¸»¢÷¸ Ÿ¸¸›¸¸ Š¸¡¸¸ í¾ ‚˜¸¸Ä÷¸ 62.70 62.83 62.70 62.83 i.e. where the primary security other ]¸í¸¿ ©¸½¡¸£¸Ê/œ¸¢£¨¸÷¸Ä›¸ú¡¸ ¤¸¸Áµ”¸Ê/œ¸¢£¨¸÷¸Ä›¸ú¡¸ ¢”¤¸Ê\¸£¸Ê/ƒÄ¦Æ¨¸’ú than shares/convertible bonds/ „›Ÿ¸º‰¸ û¿Å” ¡¸»¢›¸’¸Ê ¬¸½ ƒ÷¸£ œÏ¸˜¸¢Ÿ¸ˆÅ œÏ¢÷¸ž¸»¢÷¸ ‚¢ŠÏŸ¸¸Ê ˆÅ¸½ convertible debentures/units of equity oriented mutual funds does œ¸»µ¸Ä÷¸À ˆÅ¨¸£ ›¸íú¿ ˆÅ£÷¸ú. not fully cover the advances

78 Jeeef

v) ¬’¸ÁˆÅ ¤Ï¸½ˆÅ£¸Ê ˆÅ¸½ ]¸Ÿ¸¸›¸÷¸ú ‚¸¾£ Š¸¾£ ]¸Ÿ¸¸›¸÷¸ú ‚¢ŠÏŸ¸ v Secured and unsecured advances to stockbrokers and guarantees 106.02 106.02 106.02 106.02 ÷¸˜¸¸ ¬’¸ÁˆÅ ¤Ï¸½ˆÅ£¸Ê ‡¨¸¿ Ÿ¸¸ˆ½ÄÅ’ Ÿ¸½ˆÅ£¸Ê ˆÅú ‚¸½£ ¬¸½ ]¸¸£ú Š¸¸£¿¢’¡¸¸¿ issued on behalf of stockbrokers and market makers vi) ¬¸¿¬¸¸š¸›¸ ]¸º’¸›¸½ ˆÅú œÏ÷¡¸¸©¸¸ Ÿ¸Ê ›¸ƒÄ ˆ¿Åœ¸¢›¸¡¸¸Ê ˆÅú ƒÄ¦Æ¨¸’ú Ÿ¸Ê vi Loans sanctioned to corporate œÏ¨¸÷¸ÄˆÅ ˆ½Å ‚¿©¸™¸›¸ ˆÅú £ˆÅŸ¸ ]¸º’¸›¸½ í½÷¸º ©¸½¡¸£¸Ê/¤¸¸Áµ”¸Ê/¢”¤¸Ê\¸£¸Ê ©¸»›¡¸ ©¸»›¡¸ against the security of shares/ bonds /debentures or other ¡¸¸ ‚›¡¸ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê œ¸£ ¡¸¸ Š¸¾£ ]¸Ÿ¸¸›¸÷¸ú ‚¸š¸¸£ œ¸£ ˆÅ¸Áœ¸¸½Ä£½’ securities or on clean basis for Nil Nil meeting promoter’s contribution ˆÅ¸½ Ÿ¸¿]¸»£ †µ¸ to the equity of new companies in anticipation of raising resources vii) ‚œ¸½¢®¸÷¸ ƒÄ¦Æ¨¸’ú œÏ¨¸¸í/¢›¸Š¸ÄŸ¸¸Ê œ¸£ ˆ¿Åœ¸¢›¸¡¸¸Ê ˆÅ¸½ œ¸»£ˆÅ vii Bridge loans to companies against ©¸»›¡¸ ©¸»›¡¸ Nil Nil †µ¸ expected equity flows/issues viii Underwriting commitments viii) ©¸½¡¸£¸Ê ˆ½Å œÏ¸£¿¢ž¸ˆÅ ¢›¸Š¸ÄŸ¸ ¡¸¸ œ¸¢£¨¸÷¸Ä›¸ú¡¸ ¤¸¸Áµ”¸Ê ¡¸¸ taken up by the banks in respect ©¸»›¡¸ ©¸»›¡¸ of primary issue of shares or œ¸¢£¨¸÷¸Ä›¸ú¡¸ ¢”¤¸Ê\¸£¸Ê ¡¸¸ ƒÄ¦Æ¨¸’ú „›Ÿ¸º‰¸ Ÿ¡¸»\¡¸»‚¥¸ û¿Å” ˆÅú Nil Nil convertible bonds or convertible ¡¸»¢›¸’¸Ê ˆ½Å ¬¸Ÿ¤¸¿š¸ Ÿ¸Ê ¤¸ÿˆÅ ×¸£¸ ¥¸ú Š¸ƒÄ í¸Ÿ¸ú™¸£ú œÏ¢÷¸¤¸š™÷¸¸‡¿ debentures or units of equity oriented mutual funds ix) Ÿ¸¸¢]¸Ä›¸ ¨¡¸¸œ¸¸£ í½÷¸º ¬’¸ÁˆÅ ¤Ï¸½ˆÅ£¸Ê ˆÅ¸½ ¢¨¸î¸œ¸¸½«¸µ¸ ©¸»›¡¸ ©¸»›¡¸ ix Financing to stockbrokers for Nil Nil x) „Ô¸Ÿ¸ú œ¸»¿]¸ú ¢›¸¢š¸¡¸¸Ê (œ¸¿]¸úˆ¼Å÷¸ ¨¸ ‚œ¸¿]¸úˆ¼Å÷¸ ™¸½›¸¸Ê) Ÿ¸Ê margin trading 30.16 29.33 x All exposures to Venture Capital ¬¸ž¸ú ¢¨¸Š¸¸½œ¸›¸ Funds (both registered and 30.16 29.33 œ¸»¿]¸ú ¤¸¸]¸¸£ Ÿ¸Ê ˆºÅ¥¸ ¢¨¸Š¸¸½œ¸›¸ 282.66 299.37 unregistered) Total Exposure to Capital Market 282.66 299.37 31.03.2017 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ˆÅ¸½ †µ¸ ˆ½Å £µ¸›¸ú¢÷¸ œ¸º›¸Š¸Ä“›¸, ]¸¸½ œ¸»¿]¸ú ¤¸¸]¸¸£ ¢¨¸Š¸¸½œ¸›¸ As on the year ended 31.03.2017, the details of Bank’s direct ¬¸úŸ¸¸‚¸Ê ¬¸½ Ž»’ œÏ¸œ÷¸ í¾, ˆ½Å ž¸¸Š¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ƒ¦Æ¨¸’ú Ÿ¸Ê †µ¸ ˆ½Å œ¸¢£¨¸÷¸Ä›¸ œ¸£ ƒ¦Æ¨¸’ú ©¸½¡¸£¸Ê investment in equity shares, on conversion of debt into equity as a Ÿ¸Ê ¤¸ÿˆÅ ˆ½Å œÏ÷¡¸®¸ ¢›¸¨¸½©¸ ˆ½Å ¤¡¸¸¾£½ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿ À part of strategic restructuring of debt which are exempt from Capital (²Å. ˆÅ£¸½”õ Ÿ¸Ê) Market Exposure limits, is as under: ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 (Rs. in Crores) ‰¸¸÷¸¸Ê ˆÅú £¸¢©¸ ‰¸¸÷¸¸Ê ˆÅú £¸¢©¸ 31.03.2017 31.03.2016 ¬¸¿‰¡¸¸ ¬¸¿‰¡¸¸ Particulars No. of No. of Amount Amount †µ¸ ˆ½Å £µ¸›¸ú¢÷¸ œ¸º›¸Š¸Ä“›¸, ]¸¸½ œ¸»¿]¸ú ¤¸¸]¸¸£ accounts accounts ¢¨¸Š¸¸½œ¸›¸ ¬¸úŸ¸¸‚¸Ê ¬¸½ Ž»’ œÏ¸œ÷¸ í¾, ˆ½Å ž¸¸Š¸ ˆ½Å Investment in equity 12 126.57 3 19.57 shares received / al- ³Åœ¸ Ÿ¸Ê ƒ¦Æ¨¸’ú Ÿ¸Ê †µ¸ ˆ½Å œ¸¢£¨¸÷¸Ä›¸ ˆ½Å ˆÅ¸£µ¸ lotted on account of œÏ¸œ÷¸/‚¸¤¸¿¢’÷¸ ƒ¦Æ¨¸’ú ©¸½¡¸£¸Ê Ÿ¸Ê ¢›¸¨¸½©¸ conversion of debt into equity as part of a stra- 12 126.57 3 19.57 8.3 ¤¸ÿˆÅ ×¸£¸ œ¸¸£ ˆÅú Š¸ƒô ‡ˆÅ¥¸ „š¸¸£ˆÅ÷¸¸Ä ¬¸úŸ¸¸ (‡¬¸]¸ú‡¥¸), ¬¸Ÿ¸»í tegic debt restructuring „š¸¸£ˆÅ÷¸¸Ä ¬¸úŸ¸¸ (]¸ú¤¸ú‡¥¸) ˆÅ¸ ¢¨¸¨¸£µ¸ which are exempt from Capital Market Expo- ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ›¸½ ¢ˆÅ¬¸ú ž¸ú ¨¡¸¢Æ÷¸Š¸÷¸ „š¸¸£ˆÅ÷¸¸Ä ¡¸¸ ¬¸Ÿ¸»í „š¸¸£ˆÅ÷¸¸Ä sure limits ˆÅ¸½ „š¸¸£ ™½›¸½ ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ¢¨¸¨¸½ˆÅœ¸»µ¸Ä ¢¨¸Š¸¸½œ¸›¸ ¬¸úŸ¸¸‚¸Ê ˆÅ¸ ‚¢÷¸ÇÅŸ¸µ¸ ›¸íú¿ ¢ˆÅ¡¸¸ í¾. œÏˆÅ’›¸ ˆÅ£›¸½ ˆ½Å „Ó½©¡¸ í½÷¸º ‚¸¾£ ¢¨¸Š¸¸½œ¸›¸ ¬¸úŸ¸¸ œÏ¸œ÷¸ ˆÅ£›¸½ í½÷¸º Ÿ¸¿]¸»£ú ¬¸úŸ¸¸ ¡¸¸ ¬¸¿œ¸»µ¸Ä ¤¸ˆÅ¸¡¸¸, ]¸¸½ 8.3 Details of Single Borrower Limit (SBL), Group Borrower Limit ž¸ú „\\¸ í¸½, ˆÅ¸½ œ¸¢£ˆÅ¥¸›¸ í½÷¸º ¢¥¸¡¸¸ ]¸¸‡Š¸¸. (GBL) exceeded by the Bank. The Bank has not exceeded the prudential exposure limits in respect 8.4 ‚¿÷¸£-¬¸Ÿ¸»í ¢¨¸Š¸¸½œ¸›¸ of lending to single borrower or group borrower during financial ¤¸ÿˆÅ ˆ½Å ‚¿÷¸£-¬¸Ÿ¸»í ¢¨¸Š¸¸½œ¸›¸ ˆÅ¸ ¤¡¸¸¾£¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾ year 2016-17. The sanctioned limit or entire outstanding, whichever (²Å. ˆÅ£¸½”õ Ÿ¸Ê) is higher, shall be reckoned for arriving at exposure limit and for disclosure purpose. ‚.ÇÅ. ¢¨¸¨¸£µ¸ 2016-17 2015-16 1 ‚¿÷¸£-¬¸Ÿ¸»í ¢¨¸Š¸¸½œ¸›¸ ˆÅú ˆºÅ¥¸ £¸¢©¸ 472.11 91.11 8.4 Intra-Group Exposures: 2 20 ©¸ú«¸Ä ‚¿÷¸£-¬¸Ÿ¸»í ¢¨¸Š¸¸½œ¸›¸¸Ê ˆÅú ˆºÅ¥¸ £¸¢©¸ 472.11 91.11 The details of the intra-group exposures of the bank are as under „š¸¸£ˆÅ÷¸¸Ä‚¸Ê/ŠÏ¸íˆÅ¸Ê œ¸£ ¤¸ÿˆÅ ˆ½Å ˆºÅ¥¸ ¢¨¸Š¸¸½œ¸›¸ (Rs. In Crores) 3 0.46% 0.08% ˆÅú ÷¸º¥¸›¸¸ Ÿ¸Ê ‚¿÷¸£-¬¸Ÿ¸»í ˆÅ¸ œÏ¢÷¸©¸÷¸ ‚¿÷¸£-¬¸Ÿ¸»í ¢¨¸Š¸¸½œ¸›¸ ˆÅú ¬¸úŸ¸¸‚¸Ê ˆ½Å „¥¥¸¿‹¸›¸ ©¸»›¡¸ ©¸»›¡¸ S.N. Particulars 2016-17 2015-16 4 ˆÅ¸ ¤¡¸¸¾£¸ ÷¸˜¸¸ ƒ¬¸ ¬¸¿¤¸¿š¸ Ÿ¸Ê ¢¨¸¢›¸¡¸¸Ÿ¸ˆÅ ˆÅ¸£Ä¨¸¸ƒÄ Total amount of intra-group 1 472.11 91.11 ¡¸¢™ ˆÅ¸½ƒÄ í¸½ exposures Total amount of top-20 intra- 2 472.11 91.11 group exposures Percentage of intra-group ex- 3 posures to total exposure of the 0.46% 0.08% bank on borrowers / customers Details of breach of limits on 4 intra-group exposures and Nil Nil regulatory action thereon, if any

79 Annual Report 2016-17

8.5 ‚£¢®¸÷¸ ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¢¨¸Š¸¸½œ¸›¸ 8.5 Unhedged Foreign Currency Exposure: (²Å. ˆÅ£¸½”õ Ÿ¸Ê) (Rs. In Crores) ‚.ÇÅ. ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 S N Particulars 31.03.2017 31.03.2016 1 ¡¸»‡ûÅ¬¸úƒÄ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ ‚¢÷¸¢£Æ÷¸ œÏ¸¨¸š¸¸›¸ 7.68 24.84 Provisioning held on account of 1 7.68 24.84 2 ¡¸»‡ûÅ¬¸úƒÄ œ¸£ š¸¸¢£÷¸ œ¸»¿]¸ú 37.53 73.76 UFCE Capital held on account of 2 37.53 73.76 ¤¸ÿˆÅ ›¸½ ‚œ¸›¸½ ‹¸’ˆÅ¸Ê ˆÅ¸½ ¢™‡ Š¸‡ ¢¨¸Š¸¸½œ¸›¸¸Ê ¬¸½ œ¸¾™¸ í¸½›¸½ ¨¸¸¥¸ú ˆÅ£¿¬¸ú œÏ¨¸¼î¸ †µ¸ ]¸¸½¢‰¸Ÿ¸ ˆ½Å UFCE œÏ¤¸¿š¸›¸ ˆ½Å ¢¥¸‡ ›¸ú¢÷¸ ¥¸¸Š¸» ˆÅú í¾ ¢]¸¬¸Ÿ¸Ê ‚›¡¸ ¤¸¸÷¸¸Ê ˆ½Å ¬¸¸˜¸-¬¸¸˜¸ ›¸ú\¸½ ¢ˆÅ‡ Š¸‡ „¥¥¸½‰¸ ˆ½Å Bank has put in place a policy for management of currency ‚›¸º¬¸¸£ ‚£¢®¸÷¸ ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¢¨¸Š¸¸½œ¸›¸¸Ê (¡¸»‡ûÅ¬¸úƒÄ) ˆÅ¸½ ¢›¸¢ä¸÷¸ ˆÅ£›¸½ ˆÅ¸ ‚¸¾£ ¢¨¸Š¸¸½œ¸›¸¸Ê induced credit risk arising out of exposure to its constituents ˆ½Å Ÿ¸»¥¡¸›¸ ‚¸¾£ „¬¸ú œÏˆÅ¸£ ¨¸¼¢Ö©¸ú¥¸ œÏ¸¨¸š¸¸›¸ ˆ½Å ×¸£¸ „¬¸ˆÅ¸ ©¸Ÿ¸›¸ ˆÅ£›¸½ ˆÅ¸ „¥¥¸½‰¸ which inter-alia specifies the mechanism to ascertain Unhedged ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. Foreign Currency Exposure (UFCE) and mitigate the same by 1) ‚£¢®¸÷¸ ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¢¨¸Š¸¸½œ¸›¸ (¡¸»‡ûÅ¬¸úƒÄ) ˆÅú £¸¢©¸ ˆÅú Š¸µ¸›¸¸ ˆÅ£›¸½ ¬¸¿¤¸¿š¸ú œ¸Ö¢÷¸À pricing the exposure as well as incremental provisioning as under – ‹¸’ˆÅ¸Ê ˆÅú ‚£¢®¸÷¸ ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¢¨¸Š¸¸½œ¸›¸ £¸¢©¸ ˆÅú Š¸µ¸›¸¸ ˆÅ£›¸½ í½÷¸º ²Å.10.00 ˆÅ£¸½” ‡¨¸¿ ‚¢š¸ˆÅ ˆ½Å ¢¨¸Š¸¸½œ¸›¸ ¨¸¸¥¸½ ŠÏ¸íˆÅ¸Ê ¬¸½ ‚¸¨¸¢š¸ˆÅ ‚¸š¸¸£ œ¸£ ]¸¸›¸ˆÅ¸£ú Ÿ¸¿Š¸¸ƒÄ ]¸¸÷¸ú 1. Method to ascertain the amount of Unhedged Foreign Currency í¾. ƒ¬¸ „Ó½©¡¸ ˆ½Å ¢¥¸‡ ‚Š¸¥¸½ 5 ¨¸«¸¸½ô Ÿ¸Ê œ¸¢£œ¸Æ¨¸ í¸½›¸½¨¸¸¥¸ú Ÿ¸™Ê ‚˜¸¨¸¸ ›¸ˆÅ™ú œÏ¨¸¸í Exposure (UFCE): £‰¸›¸½ ¨¸¸¥¸ú Ÿ¸™¸Ê œ¸£ íú ¢¨¸\¸¸£ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. ƒ¬¸ˆ½Å ‚¥¸¸¨¸¸ œÏž¸¸¨¸ú ³Åœ¸ ¬¸½ ¬¸¿£¢®¸÷¸, The amount of UFCE of the constituents is measured by obtaining ¢¨¸î¸ú¡¸ ³Åœ¸ ¬¸½ ¬¸¿£¢®¸÷¸ ‚¸¾£/¡¸¸ œÏ¸ˆ¼Å¢÷¸ˆÅ ³Åœ¸ ¬¸½ ¬¸¿£¢®¸÷¸ ˆÅ¸½ œ¸£¬œ¸£ ¬¸½’ ‚¸ÁûÅ the periodical information from the clients having exposure of ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. (”½¢£¨¸½¢’¨¸ ¬¸¿¢¨¸™¸ (‚˜¸¸Ä÷¸ ¨¸¸¡¸™¸ ¬¸¿£®¸¸) ˆ½Å Ÿ¸¸š¡¸Ÿ¸ ¬¸½ ¢¨¸î¸ú¡¸ Rs. 10 crores and above. For this purpose, items maturing or £¢®¸÷¸ ‚¸¾£ œÏ¸ˆ¼Å¢÷¸ˆÅ ³Åœ¸ ¬¸½ £¢®¸÷¸ œ¸£ ž¸ú ¢¨¸\¸¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸, ]¸¤¸ ˆ¿Åœ¸›¸ú œ¸¢£\¸¸¥¸›¸¸Ê having cash flows over the period of next five years only are ¬¸½ „÷œ¸››¸ ›¸ˆÅ™ú œÏ¨¸¸í Ÿ¸Ê ¬¸½ ¢¨¸™½©¸ú ˆÅ£¿¬¸ú ¢¨¸Š¸¸½œ¸›¸ ˆÅú ]¸¸½¢‰¸Ÿ¸ ‚¸ÁûÅ ¬¸½’ í¸½ Š¸ƒÄ considered. Further, items which are effective hedges, financial ˜¸ú. ‚£¢®¸÷¸ ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¢¨¸Š¸¸½œ¸›¸ ˆÅ¸ œ¸¢£ˆÅ¥¸›¸ ˆÅ£›¸½ ˆ½Å „Ó½©¡¸ ¬¸½ ‡ˆÅ ¢¨¸Š¸¸½œ¸›¸ ˆÅ¸½ hedge and / or natural hedge, of each other are set off. (Financial hedge through a derivative contract (e.g. Forward Cover) and œÏ¸ˆ¼Å¢÷¸ˆÅ ³Åœ¸ ¬¸½ £¢®¸÷¸ Ÿ¸¸›¸¸ ]¸¸÷¸¸ í¾ ¡¸¢™ „¬¸ú ¢¨¸î¸ú¡¸ ¨¸«¸Ä Ÿ¸Ê ‚¸ÁûÅ ¬¸½¢’¿Š¸ ¢¨¸Š¸¸½œ¸›¸ Natural hedge may be considered when cash flows arising out œ¸¢£œ¸Æ¨¸ í¸½ £í¸ í¸½ ¡¸¸ „¬¸ˆ½Å ¤¸£¸¤¸£ ›¸ˆÅ™ú œÏ¨¸¸í í¸½ £í¸ í¸½.) of the operations of the company offset the risk arising out of 2) ¬¸¿ž¸¸¢¨¸÷¸ í¸¢›¸ ˆÅú Ÿ¸¸°¸¸ ˆ½Å ‚›¸ºŸ¸¸›¸ ˆÅú œ¸Ö¢÷¸À the Foreign Currency Exposure. For the purpose of computing UFCE, an exposure may be considered naturally hedged if the ¢¨¸¢›¸Ÿ¸¡¸ ™£¸Ê Ÿ¸Ê ¤¸™¥¸¸¨¸ ˆ½Å ˆÅ¸£µ¸ ƒˆÅ¸ƒÄ ˆÅ¸½ í¸½›¸½¨¸¸¥¸ú í¸¢›¸ ˆÅú Š¸µ¸›¸¸ ¨¸¸¢«¸ÄˆÅ „÷¸¸£- offsetting exposure has the maturity / cash flow within the same \¸[¸¨¸ œ¸Ö¢÷¸ ×¸£¸ ˆÅú ]¸¸÷¸ú í¾. ƒ¬¸ œÏ¡¸¸½]¸›¸ ˆ½Å ¢¥¸‡ ¢œ¸Ž¥¸½ ™¬¸ ¨¸«¸¸½ô ˆÅú ‚¨¸¢š¸ ˆ½Å accounting year). ™¸¾£¸›¸ ™½‰¸½ Š¸‡ ¬¸¤¸¬¸½ ¤¸”õ½ ¨¸¸¢«¸ÄˆÅ „÷¸¸£-\¸[¸¨¸ ˆÅ¸½ ¢¨¸œ¸£ú÷¸ ¢™©¸¸ Ÿ¸Ê ™£¸Ê ˆ½Å ¤¸™¥¸¸¨¸ 2. Method to estimate the extent of likely loss: ˆÅ¸ ‚¸š¸¸£ Ÿ¸¸›¸¸ ]¸¸÷¸¸ í¾. The loss to the entity in case of movement in exchange rate 3) ‚£¢®¸÷¸ ¦¬˜¸¢÷¸¡¸¸Ê ˆ½Å ]¸¸½¢‰¸Ÿ¸ ˆÅ¸ ‚›¸ºŸ¸¸›¸ ¥¸Š¸¸›¸½ ¬¸¿¤¸¿š¸ú œ¸Ö¢÷¸ ÷¸˜¸¸ ÷¸÷¬¸¿¤¸¿š¸ú is calculated using the annualised volatilities. For this purpose, „œ¸¡¸ºÆ÷¸ œÏ¸¨¸š¸¸›¸ largest annual volatility seen in the rates during the period of last ten years is taken as the movement of the rate in the adverse ƒ¬¸ œÏˆÅ¸£ ¢›¸ˆÅ¸¥¸ú Š¸ƒÄ ‚›¸ºŸ¸¸¢›¸÷¸ í¸¢›¸/ƒÄ¤¸ú‚¸ƒÄ”ú ˆ½Å ‚¸š¸¸£ œ¸£ ‹¸’ˆÅ¸Ê ˆÅú ‚¸½£ ¬¸½ direction. ¤¸ÿˆÅ ×¸£¸ ¢¨¸¢›¸¢™Ä«’ Ÿ¸¸Á”¥¸ ˆ½Å ‚¸š¸¸£ œ¸£ ¬¸Ÿ¸½¢ˆÅ÷¸ ‚£¢®¸÷¸ ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¢¨¸Š¸¸½œ¸›¸¸Ê ˆÅ¸ œ¸¢£ˆÅ¥¸›¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾. ƒ¬¸ œÏˆÅ¸£ ˆ½Å ¢¨¸Š¸¸½œ¸›¸¸Ê œ¸£ ‚¢÷¸¢£Æ÷¸ œÏ¸¨¸š¸¸›¸ ˆÅ£›¸¸ 3. Method to estimate the riskiness of unhedged position and ‚¸¨¸©¡¸ˆÅ í¾ ‚¸¾£ ƒ¬¸ˆ½Å ¢¥¸‡ ‚¢÷¸¢£Æ÷¸ œ¸»¿]¸ú ˆÅú ‚¸¨¸©¡¸ˆÅ÷¸¸ í¸½÷¸ú í¾. provide appropriately: ¬¸¸˜¸ íú, ‡½¬¸½ ‹¸’ˆÅ¸Ê ˆ½Å Ÿ¸»¥¡¸›¸ ˆÅ¸½ ž¸ú ÷¸™›¸º¬¸¸£ œ¸º›¸Ÿ¸»Ä¥¡¸›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ ]¸¸½ ¢ˆÅ The likely loss / EBID so arrived at is taken as the base, as ¡¸»‡ûÅ¬¸úƒÄ ˆÅ¸½ ˆÅ¨¸£ ˆÅ£›¸½ í½÷¸º ¬¸Ÿ¸º¢\¸÷¸ œÏú¢Ÿ¸¡¸Ÿ¸ ™]¸Ä ˆÅ£›¸½ ˆ½Å ×¸£¸ „š¸¸£ˆÅ÷¸¸Ä ˆÅú per which consolidated UFCE on behalf of the constituents is ]¸¸½¢‰¸Ÿ¸ œÏ¸½ûÅ¸ƒÄ¥¸ œ¸£ ‚¸š¸¸¢£÷¸ í¾. calculated, based on the model specified by the Bank. Such exposure is subjected to additional provisioning and also incremental capital requirement. 8.6 Š¸¾£ ]¸Ÿ¸¸›¸÷¸ú ‚¢ŠÏŸ¸À ¢™›¸¸¿ˆÅ 31.03.2017 ˆÅ¸½ Š¸¾£ ]¸Ÿ¸¸›¸÷¸ú ‚¢ŠÏŸ¸¸Ê Ÿ¸Ê ²Å. 837.38 ˆÅ£¸½”õ (²Å.1003.08 Further, the pricing to such constituents is accordingly re- ˆÅ£¸½”õ) ˆ½Å ‚¢ŠÏŸ¸ ©¸¸¢Ÿ¸¥¸ ˜¸½ ]¸¸½ ‚Ÿ¸»÷¸Ä ‚¸¦¬÷¸¡¸¸Ê ]¸¾¬¸½ ¢ˆÅ ‚¢š¸ˆÅ¸£¸Ê, ¥¸¸ƒ¬¸½›¬¸, priced based on the risk profile of the borrower by loading an œÏ¸¢š¸ˆÅ¸£ ƒ÷¡¸¸¢™ œ¸£ ž¸¸£ ]¸¾¬¸ú ¬¸í¸¡¸ˆÅ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ¬¸½ ¬¸º£¢®¸÷¸ ˜¸½ . ƒ¬¸ œÏˆÅ¸£ appropriate premium to cover the UFCE. ˆÅú ‚Ÿ¸»÷¸Ä ¬¸í¸¡¸ˆÅ œÏ¢÷¸ž¸»¢÷¸¡¸¸Ê ˆÅ¸ ¢™›¸¸¿ˆÅ 31.03.2017 ˆÅ¸½ ‚›¸ºŸ¸¸¢›¸÷¸ Ÿ¸»¥¡¸ ²Å. 8.6 Unsecured Advances: 1892.12 ˆÅ£¸½”õ (²Å. 1819.83 ˆÅ£¸½”õ) í¾ . Unsecured advances includes Rs 837.38 crores (Rs. 1003.08 crores) as on 31.03.2017 which is collaterally secured by intangible securities such as charge over the rights, licenses, authorities etc. The estimated value of such intangible collateral is Rs. 1892.12 crores (Rs.1819.83 crores) as on 31.03.2017.

80 Jeeef

]¸¸½¢‰¸Ÿ¸ ª½µ¸ú 31.03.2017 31.03.2017 ˆÅ¸½ 31.03.2016 ˆÅ¸½ 31.03.2016 Risk Exposure Provision Exposure Provision ˆÅ¸½ ¢¨¸Š¸¸½œ¸›¸ š¸¸¢£÷¸ œÏ¸¨¸š¸¸›¸ ¢¨¸Š¸¸½œ¸›¸ (¢›¸¨¸¥¸) ˆÅ¸½ š¸¸¢£÷¸ Category (net) as at held as at (net) as at held as at (¢›¸¨¸¥¸) œÏ¸¨¸š¸¸›¸ March 31, March 31, March 31, March 31, ›¸Š¸µ¡¸ ]¸¸½¢‰¸Ÿ¸ 2184.32 0.00 2240.51 0.00 2017 2017 2016 2016 ˆÅŸ¸ ]¸¸½¢‰¸Ÿ¸ 1004.03 0.00 463.46 0.00 Insignificant Risk 2184.32 0.00 2240.51 0.00 ¬¸¸š¸¸£µ¸ ]¸¸½¢‰¸Ÿ¸ 25.75 0.00 6.29 0.00 Low Risk 1004.03 0.00 463.46 0.00 ¬¸¸š¸¸£µ¸÷¸À ˆÅŸ¸ Moderate Risk 25.75 0.00 6.29 0.00 0.00 0.00 28.36 0.00 ]¸¸½¢‰¸Ÿ¸ Moderately Low Risk 0.00 0.00 28.36 0.00 ¬¸¸š¸¸£µ¸÷¸À „\\¸ 0.00 0.00 21.23 0.00 Moderately High Risk 0.00 0.00 21.23 0.00 ]¸¸½¢‰¸Ÿ¸ „\\¸ ]¸¸½¢‰¸Ÿ¸ 38.03 0.00 4.42 0.00 High Risk 38.03 0.00 4.42 0.00 ‚¢÷¸ „\\¸ ]¸¸½¢‰¸Ÿ¸ 0.34 0.00 0.14 0.00 Very High Risk 0.34 0.00 0.14 0.00 †µ¸½÷¸£ ]¸¸½¢‰¸Ÿ¸ 0.02 0.00 0.08 0.00 Off-credit 0.02 0.00 0.08 0.00 ˆºÅ¥¸ 3252.49 0.00 2764.49 0.00 Total 3252.49 0.00 2764.49 0.00 ¤¸ÿˆÅ ˆÅ¸ ]¸¸½¢‰¸Ÿ¸ ª½µ¸ú¨¸¸£ ¢›¸¢š¸ ‚¸š¸¸¢£÷¸ ¢›¸¨¸¥¸ ¢¨¸Š¸¸½œ¸›¸ í£ ™½©¸ ˆ½Å ¢¥¸‡ ¢™›¸¸¿ˆÅ Since Bank’s net funded exposure for risk category-wise 31.03.2017 ˆÅ¸½ ¤¸ÿˆÅ ˆÅú ˆºÅ¥¸ ‚¸¦¬÷¸¡¸¸Ê ˆ½Å 1 œÏ¢÷¸©¸÷¸ ¬¸½ ˆÅŸ¸ í¾ ‚÷¸À ž¸¸£÷¸ú¡¸ ¢£]¸¨¸Ä exposure for each country is less than 1% of bank’s total assets ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸›¸º¬¸¸£ ˆÅ¸½ƒÄ œÏ¸¨¸š¸¸›¸ ‚¸¨¸©¡¸ˆÅ ›¸íú¿ í¾. as on 31.03.2017, no provision is required in terms of RBI 8.8 œÏ¸¨¸š¸¸›¸ ¬¸¿£®¸¸ ‚›¸ºœ¸¸÷¸À guidelines. ¢™›¸¸¿ˆÅ 01 ¢™¬¸¿¤¸£, 2009 ˆ½Å œ¸¢£œ¸°¸ ÇÅ. ”ú¤¸ú‚¸½”ú.ÇÅ.¤¸úœ¸ú.¤¸ú¬¸ú. 8.8 Provisioning Coverage Ratio: 64/21.04.048/2009-10 ˆ½Å ¢›¸™½©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¤¸ÿˆÅ ›¸½ œÏ¸¨¸š¸¸›¸ ¬¸¿£®¸¸ ‚›¸ºœ¸¸÷¸ The bank has computed the provision coverage ratio (PCR) as ˆÅ¸ œ¸¢£ˆÅ¥¸›¸ ¢ˆÅ¡¸¸ í¾ ]¸¸½ 44.52% í¾ . ƒ¬¸ ‚›¸ºœ¸¸÷¸ ˆÅ¸ œ¸¢£ˆÅ¥¸›¸ 31.03.2017 required vide circular No.DBOD.No.BP.BC.64/21.04.048/2009- ˆ½Å ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê ˆ½Å ¬÷¸£ ˆ½Å ‚¸š¸¸£ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. 2010, dated December 1, 2009, which is 44.52%. This ratio has been calculated on the basis of NPA level as on 31.03.2017. ]¸¤¸¢ˆÅ ‡½¬¸½ œÏ¸¨¸š¸¸›¸ ˆÅ¨¸£½]¸ ‚›¸ºœ¸¸÷¸ (œ¸ú¬¸ú‚¸£) ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™›¸¸¿ˆÅ 21 ‚œÏ¾¥¸, 2011 ˆ½Å œ¸¢£œ¸°¸ ÇÅ. ”úœ¸ú”ú¬¸ú 87/21.04.048/2010-11 ˆ½Å ‚¸š¸¸£ Whereas such provision coverage ratio (PCR) calculated as per œ¸£ œ¸¢£ˆÅ¢¥¸÷¸ ¢ˆÅ‡ Š¸‡ íÿ ]¸¸½ 30.09.2010 ˆ½Å ‡›¸œ¸ú‡ ¬÷¸£ ²Å.2049.81 ‚¸¾£ RBI circular No. DP.DC.87/21.04.048/2010-11, dated April 21, 2011, based on NPA level as on 30.09.2010 Rs. 2049.81 crores 31.03.2017 ˆ½Å ‡›¸œ¸ú‡ œÏ¸¨¸š¸¸›¸ œ¸£ ‚¸š¸¸¢£÷¸ íÿ ]¸¸½ ‚¸¨¸©¡¸ˆÅ ›¡¸»›¸÷¸Ÿ¸ ‚œ¸½¢®¸÷¸ and NPA provision as on 31.03.2017 works out to 440.01%, as 70% ˆÅú ÷¸º¥¸›¸¸ Ÿ¸Ê 440.01% í¾. against minimum required 70%. 9. ¢¨¸¢¨¸š¸À 9. Miscellaneous: 9.1 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ‚¸¡¸ˆÅ£ ˆ½Å ¢¥¸‡ ¢ˆÅ‡ Š¸‡ œÏ¸¨¸š¸¸›¸ ˆÅú £ˆÅŸ¸ 9.1 Amount of Provision made for income tax during the year: (³Åœ¸¡¸½ ˆÅ£¸½”õ Ÿ¸Ê) (Rs. in Crores) ¢¨¸¨¸£µ¸ 2016-17 2015-16 ‚¸¡¸ˆÅ£ í½÷¸º œÏ¸¨¸š¸¸›¸ 128.02 322.52 Particulars 2016-17 2015-16 Provision for Income Tax 128.02 322.52 9.2 ¥¸¸/í¸ ‰¸¸÷¸½ Ÿ¸Ê ¨¡¸¡¸ ©¸ú«¸Ä ˆ½Å ‚¿÷¸Š¸Ä÷¸ ™©¸¸Ä‡ Š¸‡ œÏ¸¨¸š¸¸›¸ ‚¸¾£ ‚¸ˆÅ¦¬Ÿ¸ˆÅ÷¸¸‡¿ 9.2 Provisions and Contingencies shown under the head Expenditure in Profit and Loss Account (³Åœ¸¡¸½ ˆÅ£¸½”õ Ÿ¸Ê) (Rs. in Crores) ÇÅ.¬¸¿. ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 S. Particulars 31.03.2017 31.03.2016 1 ‚›¸]¸ÄˆÅ ‚¸¦¬÷¸¡¸¸Ê í½÷¸º ¢ˆÅ‡ Š¸‡ œÏ¸¨¸š¸¸›¸ 3800.20 2110.29 N. 2 ‡‡ûÅ‡¬¸/‡\¸‡ûÅ’ú Ÿ¸Ê ¢›¸¨¸½©¸ œ¸£ Ÿ¸»¥¡¸Ý¸¬¸ 0.00 26.42 1 Provision towards NPA 3800.20 2110.29 3 ‚›¸]¸ÄˆÅ ¢›¸¨¸½©¸ œ¸£ œÏ¸¨¸š¸¸›¸ 147.55 22.55 2 Depreciation on investments in AFS/HFT 0.00 26.42 3 Provision for Non Performing Investment 147.55 22.55 4 ¢›¸¨¸½©¸ œ¸£ œÏ¸¨¸š¸¸›¸ ¬¸ú”ú‚¸£ /œ¸º›¸¬¸ô£¢\¸÷¸ 0.00 0.00 Provision for Investment – CDR/ Re- 4 0.00 0.00 5 ‚£¢®¸÷¸ ¢¨¸™½©¸ ¢¨¸¢›¸Ÿ¸¡¸ ¢¨¸Š¸¸½œ¸›¸ ˆÅ¸ œÏ¸¨¸š¸¸›¸ 0.00 3.33 structure Provision for un-hedged foreign currency 6 ‚¸¡¸ˆÅ£ œ¸£ œÏ¸¨¸š¸¸›¸ 81.36 322.51 5 0.00 3.33 7 ‚¸¬˜¸¢Š¸÷¸ ˆÅ£ ‚¸¦¬÷¸/™½¡¸÷¸¸ (¢›¸¨¸¥¸) 0.00 227.59 exposure 6 Provision for Income tax 81.36 322.51 8 š¸¸½‰¸¸š¸”õú (Š¸¾£- „š¸¸£ˆÅ÷¸¸Ä) ˆ½Å ¢¥¸‡ œÏ¸¨¸š¸¸›¸ 23.06 1 . 0 9 7 Deferred Tax Asset /Liability( Net) 0.00 227.59 9 ‚›¡¸ œÏ¸¨¸š¸¸›¸ ¨¸ ‚¸ˆÅ¦¬Ÿ¸ˆÅ÷¸¸‡¿ 95.96 55.68 8 Provision for fraud (Non Borrowal) 23.06 1.09 „œ¸ ]¸¸½”õ(ˆÅ) 4148.13 2769.46 9 Other provision and contingencies 95.96 55.68 Sub-total (A) 4148.13 2769.46

81 Annual Report 2016-17

‹¸’¸¡¸Ê À œÏ¢÷¸¥¸½‰¸›¸/¬¸Ÿ¸¸¡¸¸½]¸›¸ Less: Write back /adjustments 1 ¢›¸¨¸½©¸ œ¸£ Ÿ¸»¥¡¸Ý¸¬¸ ˆÅ¸ œÏ¢÷¸¥¸½‰¸›¸ 7.70 0.00 1 Write-back of depreciation on Investment 7.70 0.00 2 Write-back of provision for Income Tax 0.00 127.96 2 ‚¸¡¸ˆÅ£ œÏ¸¨¸š¸¸›¸ œ¸£ œÏ¢÷¸¥¸½‰¸›¸ 0.00 127.96 3 Deferred Tax Assets/ Liability 851.92 105.12 3 ‚¸¬˜¸¢Š¸÷¸ ˆÅ£ ™½¡¸÷¸¸/‚¸¦¬÷¸ 851.92 105.12 Write back of Provision for restructured 4 27.14 0.00 4 œ¸º›¸¬¸ô£¢\¸÷¸ ¢›¸¨¸½©¸ œÏ¸¨¸š¸¸›¸ œ¸£ œÏ¢÷¸¥¸½‰¸›¸ 27.14 0.00 Investment Write back of Provisions for Standard 5 Ÿ¸¸›¸ˆÅ ‚¢ŠÏŸ¸¸Ê ˆ½Å ¢¥¸‡ œÏ¸¨¸š¸¸›¸¸Ê ˆÅ¸ œÏ¢÷¸¥¸½‰¸›¸ 4.60 31.14 5 4.60 31.14 Advances 6 œ¸º›¸¬¸ô£¢\¸÷¸ ‚¢ŠÏŸ¸¸Ê ˆ½Å ¢¥¸‡ œÏ¸¨¸š¸¸›¸¸Ê ˆÅ¸ œÏ¢÷¸¥¸½‰¸›¸ 39.65 260.75 Write back of Provisions for Restructured 6 39.65 260.75 7 ‚›¡¸ œÏ¸¨¸š¸¸›¸ ¨¸ ‚¸ˆÅ¦¬Ÿ¸ˆÅ÷¸¸‡¿ 17.55 0.00 Advances 7 Other provision and contingencies 17.55 0.00 „œ¸ ]¸¸½”õ (‰¸) 948.56 524.97 Sub-total (B) 948.56 524.97 ˆºÅ¥¸ œÏ¸¨¸š¸¸›¸ ‚¸¾£ ‚¸ˆÅ¦¬Ÿ¸ˆÅ÷¸¸‡¿ (ˆÅ - ‰¸) 3199.57 2244.49 Total Provisions & Contingencies 3199.57 2244.49 (A-B) 9.3 ¦¬˜¸£ ‚¸¦¬÷¸¡¸¸¿ 9.3 Fixed Assets: 9.3.1œ¸º›¸Ÿ¸»Ä¥¡¸¸¿¢ˆÅ÷¸ ‚¸¦¬÷¸¡¸¸Ê œ¸£ \¸¸¥¸» ¨¸«¸Ä í½÷¸º Ÿ¸»¥¡¸Ý¸¬¸ ˆÅú £¸¢©¸ ²Å 89.32 ˆÅ£¸½”õ (²Å. 106.85 ˆÅ£¸½”õ) ˆÅ¸½ œ¸º›¸Ÿ¸»Ä¥¡¸¸¿ˆÅ›¸ ‚¸£¢®¸÷¸ ‰¸¸÷¸½ ˆ½Å ¬¸Ÿ¸®¸ ¬¸Ÿ¸¸¡¸¸½¢]¸÷¸ ¢ˆÅ¡¸¸ 9.3.1 Depreciation for the current year amounting to Rs. 89.32 crores Š¸¡¸¸. 31.03.2017 ˆÅ¸½ ‚¿¢÷¸Ÿ¸ œ¸º›¸Ÿ¸»Ä¥¡¸¸¿ˆÅ›¸ ‚¸£¢®¸÷¸ ³Å. 1206.46 ˆÅ£¸½”õ (³Å. (Rs.106.85 crores) on revalued assets has been adjusted 1295.78 ˆÅ£¸½”õ) í¾— against Revaluation Reserve Account. The closing Revaluation Reserve as on 31.03.2017 is Rs. 1206.46 crores (Rs.1295.78 9.3.2 ²Å.6.54 ˆÅ£¸½”õ (²Å.6.54 ˆÅ£¸½”õ) ˆÅú ¥¸¸Š¸÷¸ ¨¸¸¥¸ú 4(4) œ¸º›¸Ÿ¸»Ä¥¡¸¸¿¢ˆÅ÷¸ ‚¸¦¬÷¸¡¸¸Ê/ crores). œ¸¢£¬¸£¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê íˆÅ ¢¨¸¥¸½‰¸¸Ê ˆÅ¸½ ˆÅ¢÷¸œ¸¡¸ ¥¸¿¢¤¸÷¸/œÏ¥¸¿¢¤¸÷¸ ‚¸¾œ¸\¸¸¢£ˆÅ÷¸¸‚¸Ê ˆ½Å 9.3.2 The title deeds in respect of 4 (4 ) revalued properties / premises ˆÅ¸£µ¸ ¤¸ÿˆÅ ˆ½Å œ¸®¸ Ÿ¸Ê ‚¤¸ ÷¸ˆÅ ¢›¸«œ¸¸¢™÷¸/œ¸¿]¸úˆ¼Å÷¸ ›¸íú¿ ¢ˆÅ¡¸¸ Š¸¡¸¸ ˜¸¸. having cost of Rs. 6.54 crores (Rs. 6.54 crores) were not yet 9.3.3 œ¸»¿]¸úŠ¸÷¸ ˆÅ¸¡¸Ä-œÏŠ¸¢÷¸ Ÿ¸Ê ¢›¸¢ä¸÷¸ œ¸¢£¬¸¿œ¸¢î¸¡¸¸Ê ˆÅú ¥¸¸Š¸÷¸ ©¸¸¢Ÿ¸¥¸ í¾ ]¸¸½ ‚ž¸ú ÷¸ˆÅ executed / registered in favour of the Bank due to certain pending ¢£œ¸¸½¢’ôŠ¸ ¢÷¸¢˜¸ œ¸£ „›¸ˆ½Å „œ¸¡¸¸½Š¸ ˆ½Å ¢¥¸‡ ÷¸¾¡¸¸£ ›¸íú¿ íÿ— œÏŠ¸¢÷¸ ˆÅú œ¸»¿]¸ú Ÿ¸Ê ²Å. 22.05 / delayed formalities. ˆÅ£¸½”õ Ÿ¸Ê ¢ˆÅ™¨¸ƒÄ ›¸Š¸£, ›¸ƒÄ ¢™¥¥¸ú ˆ½Å ¢›¸Ÿ¸¸Äµ¸ ˆÅ¸ ¢›¸Ÿ¸¸Äµ¸ ©¸¸¢Ÿ¸¥¸ í¾— ¡¸í ¬¸¿œ¸¢î¸ 9.3.3 Capital work-in-progress comprises of the cost of fixed assets ‡›¸¤¸ú¬¸ú¬¸ú ¢¥¸¢Ÿ¸’½” ¬¸½ ‰¸£ú™ú Š¸ƒÄ í¾ ‚¸¾£ ¨¸÷¸ÄŸ¸¸›¸ Ÿ¸Ê ¢›¸Ÿ¸¸Äµ¸¸š¸ú›¸ í¾ ‚¸¾£ ©¸í£ú that are not yet ready for their intended use at the reporting ¢¨¸ˆÅ¸¬¸ Ÿ¸¿°¸¸¥¸¡¸, ž¸¸£÷¸ ¬¸£ˆÅ¸£ ˆÅ¸½ ž¸ºŠ¸÷¸¸›¸ ˆÅ¸Ÿ¸ œ¸»£¸ ˆÅ£›¸½ ˆ½Å \¸£µ¸ ¬¸½ ]¸º”õ¸ íº‚¸ date. Capital work in progress amounting to Rs. 22.05 crores í¾— ¬¸¿œ¸¢î¸ ‚¸¾£ ž¸ºŠ¸÷¸¸›¸ ˆÅú ©¸÷¸¸½ô ˆÅú œÏˆ¼Å¢÷¸ ˆ½Å ¢¨¸\¸¸£ ˆÅ¸½ ™½‰¸÷¸½ íº‡ ¢›¸Ÿ¸¸Äµ¸¸š¸ú›¸ includes construction of building at Kidwai Nagar, New Delhi. ¬¸¿œ¸¢î¸ ˆ½Å ÷¸í÷¸ œ¸»¿]¸ú ˆÅ¸¡¸Ä ˆÅú œÏŠ¸¢÷¸ Ÿ¸Ê ¨¸Š¸úÄˆ¼Å÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ‚¸¾£ ÷¸™›¸º¬¸¸£ œÏˆÅ’ This property has been purchased from the NBCC Ltd and ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾— currently under construction, and payment to Ministry of Urban Development, GOI, is linked with stage of completion of work. 9.4. ‚¸ˆÅ¦¬Ÿ¸ˆÅ ™½¡¸÷¸¸‚¸Ê ˆ½Å ‚¿÷¸Š¸Ä÷¸ ™©¸¸ÄƒÄ Š¸ƒÄ ˆÅ¸¥¸¸÷¸ú÷¸ Š¸¸£¿¢’¡¸¸Ê ˆÅú £ˆÅŸ¸ Considering the substance of the nature of asset and payment ²Å.1635.13 ˆÅ£¸½”õ (²Å.906.11 ˆÅ£¸½”õ) ©¸¸¢Ÿ¸¥¸ í¾, ¢]¸›íÊ ‚¸¾œ¸\¸¸¢£ˆÅ÷¸¸‚¸Ê ˆÅú terms, said under construction property is classified as Capital œ¸»¢÷¸Ä ¥¸¿¢¤¸÷¸ í¸½›¸½ ˆ½Å ˆÅ¸£µ¸ ¢›¸£¬÷¸ ›¸íú¿ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. Work in progress and disclosed accordingly. ƒÄ¬¸ú]¸ú¬¸ú ˆ½Å œ¸¸¬¸ ¥¸¿¢¤¸÷¸ ¨¸ „›íÊ œÏ¬÷¸º÷¸ ¢ˆÅ¡¸½ ]¸¸›¸½ ¨¸¸¥¸½ ²Å.34.60 ˆÅ£¸½”õ (²Å.76.57 9.4 Contingent Liabilities include expired guarantees amounting to ˆÅ£¸½”õ) ˆ½Å ™¸¨¸¸Ê ˆÅ¸½ œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å œ¸¢£ˆÅ¥¸›¸ ˆ½Å œÏ¡¸¸½]¸›¸¸˜¸Ä ¨¸¬¸»¥¸ú ¡¸¸½Š¡¸ Ÿ¸¸›¸¸ Š¸¡¸¸ í¾ . Rs. 1635.13 crores (Rs. 906.11 crores) which have not been cancelled because of pending completion formalities. œ¸’Ã’½ œ¸£ œ¸’Ã’½ ˆ½Å ¢¥¸‡ ¥¸¿¢¤¸÷¸ Ÿ¸¸Ÿ¸¥¸½ íÿ, ]¸í¸¿ ˆÅ¸½ƒÄ ž¸ú ‚¸ˆÅ¦¬Ÿ¸ˆÅ ™¸¢¡¸÷¨¸ ›¸íú¿ Ÿ¸¸›¸¸ Claims pending and to be preferred with ECGC amounting to ]¸¸÷¸¸ í¾ Æ¡¸¸Ê¢ˆÅ ¤¸ÿˆÅ œ¸’Ã’½ ˆ½Å ˆÅ¸Ÿ¸ ˆÅú ¬¸Ÿ¸¸¦œ÷¸ ˆ½Å ˆÅ¸£µ¸ ©¸¸‰¸¸ œ¸¢£¬¸£ ˆ½Å ]¸Ÿ¸ú¿™¸£¸Ê Rs. 34.60 crores (RS. 76.57 crores) have been considered as ×¸£¸ ‚™¸ ¢ˆÅ‡ Š¸‡ ¬¸ž¸ú Ÿ¸¸Ÿ¸¥¸¸Ê ˆÅ¸ ¤¸\¸¸¨¸ ˆÅ£ £í¸ í¾— ƒ›¸Ÿ¸Ê ¬¸½, ‡ˆÅ Ÿ¸¸Ÿ¸¥¸½ Ÿ¸Ê ¤¸ÿˆÅ realizable for the purpose of computing provisions. ‚œ¸›¸½ ™¸¢¡¸÷¨¸ ˆ½Å ¢¥¸‡ ¥¸Š¸ž¸Š¸ ²Å. 1.60 ˆÅ£¸½”õ ‚›¡¸ ¬¸ž¸ú Ÿ¸¸Ÿ¸¥¸¸Ê Ÿ¸Ê ]¸í¸¿ Ÿ¸ˆÅ¸›¸ Ÿ¸¸¢¥¸ˆÅ¸Ê ›¸½ Ÿ¸º›¸¸û½Å ˆÅ¸ ™¸¨¸¸ ¢ˆÅ¡¸¸ í¾, ÷¸¤¸ ÷¸ˆÅ £¸¢©¸ ˆÅ¸ œ¸÷¸¸ ›¸íú¿ ¥¸Š¸¸¡¸¸ ]¸¸ ¬¸ˆÅ÷¸¸ There are cases pending for leased premises where no í¾ ]¸¤¸ ÷¸ˆÅ ¢ˆÅ ‚™¸¥¸÷¸ Ÿ¸½¬¸½›¸ Ÿ¸º›¸¸û½Å ˆÅú Ÿ¸¸°¸¸ ¤¸[õ¸ ›¸íú¿ ™½÷¸ú í¾— contingent liability is recognized as the Bank is defending all these cases filed against it by landlords of Branch Premises due 9.5 ‚›¸º¬¸»\¸ú 5 Ÿ¸Ê ™©¸¸ÄƒÄ Š¸ƒÄ ‚›¡¸ ™½¡¸÷¸¸‚¸Ê Ÿ¸Ê ‚™¸¨¸¸ˆ¼Å÷¸ ©¸½¡¸£ ‚¸¨¸½™›¸ š¸›¸ ˆ½Å ³Åœ¸ Ÿ¸Ê to expiration of lease deeds. Out of these, in one case Bank ²Å.0.43 ˆÅ£¸½”õ (²Å.0.44 ˆÅ£¸½”õ) ˆÅú £ˆÅŸ¸ ©¸¸¢Ÿ¸¥¸ í¾ . accounts for its liability to around Rs. 1.60 crores. In all other cases where landlords have claimed mesne profits, the amounts 9.6 ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ž¸ºŠ¸÷¸¸›¸ ‚¸¾£ ¢›¸œ¸’¸›¸ œÏµ¸¸¥¸ú ‚¢š¸¢›¸¡¸Ÿ¸, 2007 cannot be ascertained unless the court crystalises quantum of ˆ½Å ÷¸í÷¸ ]¸ºŸ¸¸Ä›¸¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ ¥¸Š¸¸¡¸¸ Š¸¡¸¸ í¾À mesne profit. (³Åœ¸¡¸½ ˆÅ£¸½”õ Ÿ¸Ê) 9.5 Other Liabilities disclosed in Schedule - 5 include Rs. 0.43 crores (Rs. 0.44 crores) towards unclaimed Share Application Money. ÇÅ. ¢¨¸¨¸£µ¸ / ]¸ºŸ¸¸Ä›¸½ ˆÅú œÏˆ¼Å¢÷¸ £¸¢©¸ 9.6 During the Financial year 2016-2017, Penalty under Payment & 1. ---©¸»›¡¸--- Settlement Systems Act, 2007 has been imposed as under: (Rs in Crores)

S. N. Particulars/nature of penalties Amount 1 ---Nil---

82 Jeeef

9.7 The details of Customer complaints dealt with by the Bank 9.7 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ×¸£¸ ¢›¸œ¸’¸ƒÄ Š¸ƒÄ ŠÏ¸íˆÅ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅ¸ ¢¨¸¨¸£µ¸ during the year are as under: ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾ - S. Particulars 2016-17 2015-16 Ç¿Å. ¢¨¸¨¸£µ¸ 2016-17 2015-16 N. (ˆÅ) ¨¸«¸Ä ˆ½Å ‚¸£¿ž¸ Ÿ¸Ê ¥¸¿¢¤¸÷¸ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅú No. of complaints pending 73 2 (a) 73 2 ¬¸¿‰¡¸¸ at the beginning of the year No. of complaints received (‰¸) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œÏ¸œ÷¸ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅú ¬¸¿‰¡¸¸ 2912 3218 (b) 2912 3218 during the year (Š¸) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¢›¸œ¸’¸ƒÄ Š¸ƒÄ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅú No. of complaints redressed 2931 3147 (c) 2931 3147 ¬¸¿‰¡¸¸ during the year (‹¸) ¨¸«¸Ä ˆ½Å ‚¿÷¸ Ÿ¸Ê ¥¸¿¢¤¸÷¸ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅú No. of complaints pending 54 73 (d) 54 73 ¬¸¿‰¡¸¸ at the end of the year „œ¸£¸½Æ÷¸ ‚¸¿ˆÅ”õ¸Ê Ÿ¸Ê ƒÄ-Ÿ¸½¥¸ ¬¸½ œÏ¸œ÷¸ œÏ¸œ÷¸ ¢©¸ˆÅ¸¡¸÷¸Ê ¬¸¦ŸŸ¸¢¥¸÷¸ ›¸íú¿ íÿ— ƒ›¸ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅ¸½ The above figures does not include complaints received by E-mail. The software for incorporating these complaints is ©¸¸¢Ÿ¸¥¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¬¸¸ÁÉ’¨¸½¡¸£ ÷¸¾¡¸¸£ ¢ˆÅ¡¸¸ ]¸¸ £í¸ í¾— ¡¸Ô¸¢œ¸ ƒÄ-Ÿ¸½¥¸ ¬¸½ œÏ¸œ÷¸ ‚¢š¸ˆÅ÷¸£ under preparation. However most of the E-mail complaints are ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅ¸ ¢›¸¨¸¸£µ¸ 48 ‹¸¿’¸Ê Ÿ¸Ê ˆÅ£ ¢™¡¸¸ ]¸¸÷¸¸ í¾— redressed in 48 hours 9.8 ¤¸ÿ¢ˆ¿ÅŠ¸ ¥¸¸½ˆÅœ¸¸¥¸ ×¸£¸ œ¸¸¢£÷¸ ¢ˆÅ‡ Š¸‡ ‚¢š¸¢›¸µ¸Ä¡¸¸Ê ˆÅ¸ ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ 9.8 The details of awards passed by the Banking Ombudsman í¾À are as under: S. Ç¿Å. ¢¨¸¨¸£µ¸ Particulars 2016-17 2015-16 2016-17 2015-16 N. (ˆÅ) ¨¸«¸Ä ˆ½Å ‚¸£¿ž¸ Ÿ¸Ê ˆÅ¸¡¸¸Ä¦›¨¸÷¸ ›¸ íº‡ 0 0 No. of unimplemented ‚¢š¸¢›¸µ¸Ä¡¸¸Ê ˆÅú ¬¸¿‰¡¸¸ (a) Awards at the beginning of 0 0 (‰¸) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¤¸ÿ¢ˆ¿ÅŠ¸ ¥¸¸½ˆÅœ¸¸¥¸ ×¸£¸ the year 11 10 œ¸¸¢£÷¸ ‚¢š¸¢›¸µ¸Ä¡¸¸Ê ˆÅú ¬¸¿‰¡¸¸ No. of Awards passed by (b) the Banking Ombudsman 11 10 (Š¸) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ˆÅ¸¡¸¸Ä¦›¨¸÷¸ ‚¢š¸¢›¸µ¸Ä¡¸¸Ê ˆÅú 11 10 during the year ¬¸¿‰¡¸¸ No. of Awards implement- (c) 11 10 (‹¸) ¨¸«¸Ä ˆ½Å ‚¿÷¸ Ÿ¸Ê ˆÅ¸¡¸¸Ä¦›¨¸÷¸ ›¸ íº‡ ed during the year. 0 0 ‚¢š¸¢›¸µ¸Ä¡¸¸Ê ˆÅú ¬¸¿‰¡¸¸ No. of unimplemented (d) Awards at the end of the 0 0 9.9 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ˆ½Å ‡’ú‡Ÿ¸ ¬¸¿¨¡¸¨¸í¸£¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ŠÏ¸íˆÅ ¢©¸ˆÅ¸¡¸÷¸¸Ê year. ˆ½Å ¢¨¸¨¸£µ¸ 9.9 The details of Customer complaints on account ATM transactions dealt with by the Bank during the year are as Ç¿Å. ¢¨¸¨¸£µ¸ 2016-17 2015-16 under: (ˆÅ) ¨¸«¸Ä ˆ½Å ‚¸£¿ž¸ Ÿ¸Ê ¥¸¿¢¤¸÷¸ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅú S. 0 0 Particulars 2016-17 2015-16 ¬¸¿‰¡¸¸ N. No. of complaints pending (‰¸) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œÏ¸œ÷¸ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅú 334 603 (a) at the beginning of the 0 0 ¬¸¿‰¡¸¸ year No. of complaints received (Š¸) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¢›¸œ¸’¸ƒÄ Š¸ƒÄ ¢©¸ˆÅ¸¡¸÷¸¸Ê (b) 334 603 334 603 during the year ˆÅú ¬¸¿‰¡¸¸ No. of complaints re- (‹¸) ¨¸«¸Ä ˆ½Å ‚¿÷¸ Ÿ¸Ê ¥¸¿¢¤¸÷¸ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅú (c) 334 603 0 0 dressed during the year ¬¸¿‰¡¸¸ No. of complaints pending (d) 0 0 ¢œ¸Ž¥¸½ ¨¸«¸Ä ˆ½Å ¢©¸ˆÅ¸¡¸÷¸ ˆ½Å ‚¸¿ˆÅ”õ¸Ê Ÿ¸Ê ‡’ú‡Ÿ¸ ™¸¨¸¸Ê ˆÅ¸½ ž¸ú ¬¸¦ŸŸ¸¢¥¸÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ ˜¸¸— at the end of the year Last year, the complaint figures were including ATM claims also. ‚¤¸, 2015-16 ˆ½Å ‚¸¿ˆÅ”õ¸Ê ˆÅ¸½ ÷¸™›¸º¬¸¸£ ¬¸Ÿ¸¸¡¸¸½¢]¸÷¸ ˆÅ£ ¢™¡¸¸ Š¸¡¸¸ í¾— ƒ›¸ ¢©¸ˆÅ¸¡¸÷¸¸Ê Now, the figures for 2015-16 are adjusted accordingly, the above ˆÅ¸½ ©¸¸¢Ÿ¸¥¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¬¸¸ÁÉ’¨¸½¡¸£ ÷¸¾¡¸¸£ ¢ˆÅ¡¸¸ ]¸¸ £í¸ í¾— ¡¸Ô¸¢œ¸ ƒÄ-Ÿ¸½¥¸ ¬¸½ œÏ¸œ÷¸ figures does not include complaints received by E-mail. The ‚¢š¸ˆÅ÷¸£ ¢©¸ˆÅ¸¡¸÷¸¸Ê ˆÅ¸ ¢›¸¨¸¸£µ¸ 48 ‹¸¿’¸Ê Ÿ¸Ê ˆÅ£ ¢™¡¸¸ ]¸¸÷¸¸ í¾— software for incorporating these complaints is under preparation. However most of the E-mail complaints are redressed in 48 9.10 ‡’ú‡Ÿ¸ ¬¸¿¨¡¸¨¸í¸£¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ¤¸ÿ¢ˆ¿ÅŠ¸ ¥¸¸½ˆÅœ¸¸¥¸ ×¸£¸ œ¸¸¢£÷¸ ¢ˆÅ‡ Š¸‡ hours ‚¢š¸¢›¸µ¸Ä¡¸¸Ê ˆÅ¸ ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ í¾À 9.10 The details of awards passed by the Banking Ombudsman on account of ATM transactions are as under: Ç¿Å. ¢¨¸¨¸£µ¸ 2016-17 2015-16 S. Particulars 2016-17 2015-16 (ˆÅ) ¨¸«¸Ä ˆ½Å ‚¸£¿ž¸ Ÿ¸Ê ˆÅ¸¡¸¸Ä¦›¨¸÷¸ ›¸ íº‡ N. 0 0 No. of unimplemented Awards at ‚¢š¸¢›¸µ¸Ä¡¸¸Ê ˆÅú ¬¸¿‰¡¸¸ (a) 0 0 (‰¸) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¤¸ÿ¢ˆ¿ÅŠ¸ ¥¸¸½ˆÅœ¸¸¥¸ ×¸£¸ the beginning of the year. 3 8 No. of Awards passed by the œ¸¸¢£÷¸ ‚¢š¸¢›¸µ¸Ä¡¸¸Ê ˆÅú ¬¸¿‰¡¸¸ (b) Banking Ombudsman during 3 8 (Š¸) ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ˆÅ¸¡¸¸Ä¦›¨¸÷¸ ‚¢š¸¢›¸µ¸Ä¡¸¸Ê ˆÅú the year 3 8 No. of Awards implemented dur- ¬¸¿‰¡¸¸ (c) 3 8 (‹¸) ¨¸«¸Ä ˆ½Å ‚¿÷¸ Ÿ¸Ê ˆÅ¸¡¸¸Ä¦›¨¸÷¸ ›¸ íº‡ ing the year 0 0 No. of unimplemented Awards at (d) 0 0 ‚¢š¸¢›¸µ¸Ä¡¸¸Ê ˆÅú ¬¸¿‰¡¸¸ the end of the year

83 Annual Report 2016-17

9.11 \¸ºˆÅ¸¾÷¸ú ‚¸æ¸¸¬¸›¸ œ¸°¸ (‡¥¸‚¸½¬¸ú) 9.11 Letters of Comfort (LOCs): \¸¸¥¸» ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ›¸½ ²Å.1838 ˆÅ£¸½”õ ˆ½Å 1035 ’ï½” Ç½Å¢”’ (¢œ¸Ž¥¸½ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ²Å. During the current year, 1035 Trade credits amounting to Rs. 1838 crores (previous year 1189 trade credits amounting to 2360 ˆÅ£¸½”õ ˆ½Å 1189 ’ï½” Ç½Å¢”’) ]¸¸£ú ¢ˆÅ‡ ‚¸¾£ ˆ¿Åœ¸›¸ú ŠÏ¸íˆÅ¸Ê ˆ½Å ¢¥¸‡ ’ï½” Ç½Å¢”’ Rs. 2360 crores) were sanctioned by the Bank and Letters of Ÿ¸ºí¾¡¸¸ ˆÅ£¸›¸½ í½÷¸º ©¸¸‰¸¸‚¸Ê ×¸£¸ ¢¨¸¢ž¸››¸ ‚›¡¸ ¤¸ÿˆÅ¸Ê ˆ½Å œ¸®¸ Ÿ¸Ê \¸ºˆÅ¸¾÷¸ú ‚¸æ¸¸¬¸›¸ œ¸°¸ ]¸¸£ú Comfort issued by the branches in favour of various other banks ¢ˆÅ‡ Š¸‡. for arranging trade credit to corporate clients. ¢™›¸¸¿ˆÅ 31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ ²Å. 334.97 ˆÅ£¸½”õ ˆ½Å 340 ’ï½” Ç½Å¢”’ ˆ½Å ¤¸™¥¸½ ¢™›¸¸¿ˆÅ 31 As on 31st March 2017, 340 trade credits amounting to Rs. Ÿ¸¸\¸Ä, 2016 ˆÅ¸½ ²Å. 811.36 ˆÅ£¸½”õ ˆ½Å 360 ’ï½” Ç½Å¢”’ ¤¸ˆÅ¸¡¸¸ ˜¸½. 334.97 crores were outstanding as against 360 trade credits amounting to Rs. 811.36 crores as on 31st March, 2016 9.12 ¤¸ÿˆÅ ‡©¡¸¸½£½›¬¸ ¨¡¸¨¸¬¸¸¡¸ ¤¸ÿˆÅ ‡©¡¸¸½£½›¬¸ ˆ½Å ‚š¸ú›¸ ²Å.10.93 ˆÅ£¸½”õ (²Å.11.46 ˆÅ£¸½”õ) ˆÅú ‚¸¡¸ ‚¸¾£ ²Å.1.71 9.12 Bancassurance Business ˆÅ£¸½”õ (²Å. 1.59 ˆÅ£¸½”õ) ˆÅú ‚›¡¸ ‚¸¡¸ ‚¢]¸Ä÷¸ ˆÅú Š¸ƒÄ. ¤¸ÿˆÅ ‡©¡¸¸½£½›¬¸ ‚¸¡¸ ˆ½Å ¤¡¸¸¾£½ The income earned under Bancassurance is Rs. 10.93 crores ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿ (Rs 11.46 crores) and other income of Rs. 1.71 crores (Rs. 1.59 (²Å.ˆÅ£¸½”õ Ÿ¸Ê) crores).The details of Bancassurance income is as under: (Rs. in Crores) ÇÅ.¬¸¿. ‚¸¡¸ ˆÅ¸ ¬¨¸³Åœ¸ 2016-17 2015-16 S. 1 6.04 6.83 Nature of Income 2016-17 2015-16 ]¸ú¨¸›¸ ¤¸úŸ¸¸ œ¸¸Á¢¥¸¬¸ú ¢¨¸ÇÅ¡¸ í½÷¸º N. 2 4.81 4.60 For selling life insurance Š¸¾£-]¸ú¨¸›¸ ¤¸úŸ¸¸ œ¸¸Á¢¥¸¬¸ú ¢¨¸ÇÅ¡¸ í½÷¸º 1 6.04 6.83 policies 3 0.08 0.03 For selling non-life insur- Ÿ¡¸º\¡¸º‚¥¸ û¿Å” „÷œ¸¸™ ¢¨¸ÇÅ¡¸ í½÷¸º 2 4.81 4.60 4 1.71 1.59 ance policies ‚›¡¸ („¥¥¸½‰¸ ˆÅ£Ê) For selling mutual fund 3 0.08 0.03 ˆºÅ¥¸ 12.64 13.05 products 4 Others 1.71 1.59 9.13 ]¸Ÿ¸¸ˆÅ÷¸¸Ä ¢©¸®¸¸ ‡¨¸¿ ]¸¸Š¸³ÅˆÅ÷¸¸ ¢›¸¢š¸ (”úƒÄ‡‡ûÅ) Total 12.64 13.05 (²Å.ˆÅ£¸½”õ Ÿ¸Ê) 9.13 Depositor Education and Awareness Fund (DEAF) ¤¡¸¸¾£½ 2016-17 2015-16 (Rs in Crores) ”úƒÄ‡‡ûÅ ˆÅ¸½ ‚¿÷¸¢£÷¸ £ˆÅŸ¸ ˆÅ¸ ‚¸£¿¢ž¸ˆÅ 66.49 52.66 ©¸½«¸ Particulars 2016-17 2015-16 Opening balance of amount ]¸¸½”õÊ ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ”úƒÄ‡‡ûÅ ˆÅ¸½ ‚¿÷¸¢£÷¸ 66.49 52.66 38.68 13.83 transferred to DEAF £ˆÅŸ¸ Add: Amount transferred to 38.68 13.83 ‹¸’¸‡¿ ”úƒÄ‡‡ûÅ ×¸£¸ ™¸¨¸¸Ê ˆ½Å ¢¨¸²ÅÖ DEAF during the year 2.84 0.00 Less: Amount reimbursed by œÏ¢÷¸œ¸»¢÷¸Ä ˆÅú Š¸ƒÄ £ˆÅŸ¸ 2.84 0.00 DEAF towards claims ”úƒÄ‡‡ûÅ ˆÅ¸½ ‚¿÷¸¢£÷¸ £ˆÅŸ¸ ˆÅ¸ ‚¿¢÷¸Ÿ¸ ©¸½«¸ 102.33 66.49 Closing balance of amount trans- 102.33 66.49 9.14 ‚›¡¸ ‚¸¦¬÷¸¡¸¸Ê ¨¸ ‚›¡¸ ™½¡¸÷¸¸‚¸Ê ˆ½Å ‚›÷¸Š¸Ä÷¸ œ¸º£¸›¸ú œÏ¢¨¸¦«’¡¸¸Ê, ›¸¸Ÿ¸Ÿ¸¸°¸ ‰¸¸÷¸¸Ê ¬¸¢í÷¸ ferred to DEAF ‚›¡¸ ¤¸ÿˆÅ¸Ê / ¬¸¿¬˜¸¸‚¸Ê ˆ½Å œ¸¸¬¸ ¬¸¿¨¡¸¨¸í¸£¸Ê, ‚¿÷¸£©¸¸‰¸¸ ¬¸¿¨¡¸¨¸í¸£¸Ê ˆ½Å ¬¸Ÿ¸¸¡¸¸½]¸›¸/¬ 9.14 Work is in progress for adjustment / reconciliation / elimination ¸Ÿ¸¸š¸¸›¸/¬¸Ÿ¸¸œ¸›¸ ˆÅ¸ ˆÅ¸¡¸Ä œÏŠ¸¢÷¸ œ¸£ í¾. ƒ¬¸ˆ½Å ‚¢÷¸¢£Æ÷¸ ‚›¡¸ ‚¸¦¬÷¸¡¸¸Ê/™½¡¸÷¸¸‚¸Ê, of inter-branch transactions, transactions with other banks ¬¸Ÿ¸¸©¸¸½š¸›¸ ‰¸¸÷¸¸Ê ‚¸¾£ ˆºÅŽ ]¸Ÿ¸¸ ‰¸¸÷¸¸Ê ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ¬¸¸Ÿ¸¸›¡¸ ‰¸¸÷¸¸ ¤¸íú ‚¸¾£ ‚›¸º«¸¿Š¸ú / institutions, nominal accounts and old entries under other assets and liabilities. Further reconciliation between balances Ÿ¸Ê ©¸½«¸ ˆ½Å ¤¸ú\¸ ¬¸Ÿ¸¸š¸¸›¸ ‚¸¾£ ‚\¸¥¸ ‚¸¦¬÷¸¡¸¸Ê œ¸£ œÏž¸¸£ ÷¸˜¸¸ ‚\¸¥¸ ‚¸¦¬÷¸¡¸¸Ê ˆ½Å in subsidiary and general ledger in respect of certain deposit ‚¿÷¸£©¸¸‰¸¸ ‚¿÷¸£µ¸ ˆÅ¸ ˆÅ¸¡¸Ä œÏŠ¸¢÷¸ œ¸£ í¾. £¸]¸¬¨¸ œ¸£ ƒ›¸ˆ½Å œÏž¸¸¨¸ ˆ½Å ¬¸¸˜¸ íú ƒ›¸ˆ½Å accounts, clearing accounts, other assets & liabilities and inter- œ¸¢£µ¸¸Ÿ¸ú œÏž¸¸¨¸ ˆÅ¸ œ¸÷¸¸ ¥¸Š¸¸¡¸¸ ›¸íú¿ ]¸¸ ¬¸ˆÅ÷¸¸. œÏ¤¸¿š¸›¸ ˆ½Å ‚¢ž¸Ÿ¸÷¸ Ÿ¸Ê ƒ›¸ˆÅ¸ £¸]¸¬¨¸ branch transfer of fixed assets is still under progress. The effect of these including the consequential impact thereof on the œ¸£ œ¸¢£µ¸¸Ÿ¸ú œÏž¸¸¨¸ Ÿ¸¸Ÿ¸»¥¸ú í¾. revenue is not ascertainable. In the opinion of the management consequential impact thereof on revenue is not material. 10. ¤¸ÿˆÅ ›¸½ ž¸¸£÷¸ú¡¸ ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ ¬¸¿¬˜¸¸›¸ ×¸£¸ ]¸¸£ú ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ¸Ê ˆÅ¸ 10. The Bank has complied with the Accounting Standards issued „›¸ˆ½Å ¥¸¸Š¸» í¸½›¸½ ˆÅú ¬¸úŸ¸¸ ÷¸ˆÅ ¢›¸Ÿ›¸¸›¸º¬¸¸£ ‚›¸ºœ¸¸¥¸›¸ ¢ˆÅ¡¸¸ í¾À by The Institute of Chartered Accountants of India (ICAI) to the 10.1 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ 5 - ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸ ©¸ºš™ ¥¸¸ž¸ ‚˜¸¨¸¸ í¸¢›¸, œ¸»¨¸Ä ‚¨¸¢š¸ Ÿ¸™¸Ê ‚¸¾£ extent applicable as under: ¥¸½‰¸¸ ›¸ú¢÷¸¡¸¸Ê Ÿ¸Ê œ¸¢£¨¸÷¸Ä›¸. 10.1 Accounting Standard 5 – Net Profit or Loss for the period, prior period items and changes in accounting policies. \¸»¿¢ˆÅ ‚¸¡¸ / ¨¡¸¡¸ ˆÅú œ¸»¨¸Ä ‚¨¸¢š¸ Ÿ¸™Ê ˆÅ¸½ƒÄ Ÿ¸í÷¨¸œ¸»µ¸Ä ›¸íú¿ íÿ ‚÷¸À „›íÊ ¬¸¿¤¸¿¢š¸÷¸ ¥¸½‰¸¸ As prior period items of income / expenditure are not material, ©¸ú«¸¸½ô Ÿ¸Ê œÏž¸¸¢£÷¸ / ¥¸½‰¸¸¤¸š™ ¢ˆÅ¡¸¸ í¾. the same have been charged / accounted for in respective heads 10.2 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ 9- £¸]¸¬¨¸ ¢›¸š¸¸Ä£µ¸ of accounts Accounting Standard 9 – Revenue Recognition Ÿ¸í÷¨¸œ¸»µ¸Ä ¥¸½‰¸¸ ›¸ú¢÷¸¡¸¸Ê ˆÅú ‚›¸º¬¸»\¸ú 17 Ÿ¸Ê ™ú Š¸ƒÄ ¥¸½‰¸¸ ›¸ú¢÷¸ ÇÅŸ¸¸¿ˆÅ 6.1 ˆ½Å ‚›¸º¬¸¸£ 10.2 ‚¸¡¸ ˆÅú ˆºÅŽ Ÿ¸™¸Ê ˆÅ¸ ¢›¸š¸¸Ä£µ¸ ¬¸¸¿¢¨¸¢š¸ˆÅ ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ¡¸¸ Ÿ¸í÷¨¸ ˆ½Å ˆÅ¸£µ¸ ¨¸¬¸»¥¸ú ˆ½Å As per Accounting Policy No. 6.1, given in Schedule -17 – Significant Accounting Policies, certain items of income ‚¸š¸¸£ œ¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ . are recognized on realization basis on account of statutory requirements or on account of materiality.

84 Jeeef

10.3 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ 11 - ¢¨¸™½©¸ú Ÿ¸ºÍ¸ ¢¨¸¢›¸Ÿ¸¡¸ ™£¸Ê Ÿ¸Ê ¤¸™¥¸¸¨¸ ˆÅ¸ œÏž¸¸¨¸ 10.3 Accounting Standard 11 – Effect of Changes in Foreign ¨¸«¸Ä í½÷¸º ¥¸¸ž¸ ‚¸¾£ í¸¢›¸ ‰¸¸÷¸½ Ÿ¸Ê ¢¨¸¢›¸Ÿ¸¡¸ ‚¿÷¸£ ˆ½Å ˆÅ¸£µ¸ ]¸Ÿ¸¸ ¢›¸¨¸¥¸ ‚¸¡¸ Exchange Rates ²Å.101.91 ˆÅ£¸½”õ (²Å.77.83 ˆÅ£¸½”õ) £íú. Net income on account of exchange differences credited to in the Profit and Loss account for the year is Rs. 101.91 crores 10.4 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ (‡‡¬¸) -15 (¬¸¿©¸¸½¢š¸÷¸ 2005) " ˆÅŸ¸Ä\¸¸£ú ¥¸¸ž¸ " (Rs.77.83 crores) 10.4 Accounting Standard (AS) 15 (Revised 2005) - “Employee ˆÅ. œ¸¢£ž¸¸¢«¸÷¸ ‚¿©¸™¸›¸ ¡¸¸½]¸›¸¸‡¿ À Benefits” (²Å.ˆÅ£¸½”õ Ÿ¸Ê) A. Defined Contribution Plans: ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 (Rs. in Crores) ˆÅ) ž¸¢¨¸«¡¸ ¢›¸¢š¸ 0.33 0.31 ‰¸) ˆÅŸ¸Ä\¸¸£ú ˆÅ¥¡¸¸µ¸ ¢›¸¢š¸ Ÿ¸Ê ‚¿©¸™¸›¸ - 0.00 0.00 Particulars 31.03.2017 31.03.2016 ˆÅ¥¡¸¸µ¸ ¢›¸¢š¸ ‚¸ˆÅ¦¬Ÿ¸ˆÅ÷¸¸ a. Provident Fund 0.33 0.31 b. Contribution to Staff Welfare –Wel- 0.00 0.00 ‰¸. œ¸¢£ž¸¸¢«¸÷¸ ¥¸¸ž¸ ¡¸¸½]¸›¸¸‡Â fare Fund Contingency ˆÅ) œ¸Ê©¸›¸ ¡¸¸½]¸›¸¸ - ¡¸í £¸½]¸Š¸¸£ œ¸ä¸¸÷¸ ¥¸¸ž¸ í¾, ]¸¸½ ¢ˆÅ œ¸Ê©¸›¸¡¸¸½Š¡¸ ¬¸½¨¸¸ ˆ½Å ‚¢š¸ˆÅ÷¸Ÿ¸ B. Defined Benefit Plans: 33 ¨¸«¸¸½ô í½÷¸º ‚¿¢÷¸Ÿ¸ ¨¸½÷¸›¸ ˆÅ¸ 50 œÏ¢÷¸©¸÷¸ í¾. ¡¸í ¢›¸¢š¸Š¸÷¸ ¡¸¸½]¸›¸¸ í¾. A) Pension Plan - This is a post-employment benefit, which is 50% ‰¸) - ¡¸í £¸½]¸Š¸¸£ œ¸ä¸¸÷¸ ¥¸¸ž¸ í¾ ‚¸¾£ ¡¸í „œ¸™¸›¸ ¬¸¿™¸¡¸ ‚¢š¸¢›¸¡¸Ÿ¸, of final pay for a maximum of 33 years of pensionable service. „œ¸™¸›¸ ¡¸¸½]¸›¸¸ This is a funded scheme. 1972 ¡¸˜¸¸¬¸¿©¸¸½¢š¸÷¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ „œ¸™¸›¸ ‚¸¾£ ˆ¿Åœ¸›¸ú ¢›¸¡¸Ÿ¸¸Ê ˆ½Å ‚›¸º¬¸¸£ „œ¸™¸›¸ Ÿ¸Ê ¬¸½ „\\¸÷¸Ÿ¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ¬¸¿™½¡¸ í¾. ¡¸í ¢›¸¢š¸Š¸÷¸ ¡¸¸½]¸›¸¸ í¾. B) Gratuity Plan - This is a post-employment benefit and is payable as higher of Gratuity as per Company’s Rules and Gratuity under Š¸) Žº’Ã’ú ›¸ˆÅ™úˆÅ£µ¸/œÏ¢÷¸œ¸»¢£÷¸ ‚›¸ºœ¸¦¬˜¸¢÷¸ - ¡¸í £¸½]¸Š¸¸£ œ¸ä¸¸÷¸ ¥¸¸ž¸ í¾ ‚¸¾£ Payment of Gratuity Act 1972 as amended. This is a funded ¡¸í ‚¿¢÷¸Ÿ¸ ¨¸½÷¸›¸ œ¸£ ‚¸š¸¸¢£÷¸ ¬¸¿\¸¡¸ú Žº’Ã’ú ˆ½Å 240 ¢™›¸¸Ê ˆÅú ‚¢š¸ˆÅ÷¸Ÿ¸ ‚¨¸¢š¸ í½÷¸º scheme. ¬¸¿™½¡¸ í¾. ¡¸í Š¸¾£¢›¸¢š¸ ¡¸¸½]¸›¸¸ í¾. C) Leave Encashment / Compensated Absences - This is a post-employment benefit and is payable for a maximum limit of 240 days of accumulated leave based on final pay. This is an unfunded scheme.

I. œ¸¢£ž¸¸¢«¸÷¸ ¥¸¸ž¸ ™¸¢¡¸÷¨¸¸Ê ˆ½Å ¨¸÷¸ÄŸ¸¸›¸ Ÿ¸»¥¡¸ Ÿ¸Ê ¤¸™¥¸¸¨¸À (²Å. ˆÅ£¸½”õ Ÿ¸Ê) Change in the Present value of Defined Benefit Obligations: (Rs. in Crores)

œ¸Ê©¸›¸ ¡¸¸½]¸›¸¸ „œ¸™¸›¸ ¡¸¸½]¸›¸¸ Žº’Ã’ú ›¸ˆÅ™úˆÅ£µ¸ ÇÅ.¬¸¿. ¢¨¸¨¸£µ¸ PENSION PLANS GRATUITY PLANS LEAVE ENCASHMENT S N Particulars 31.03.2017 31.03.2016 31.03.2017 31.03.2016 31.03.2017 31.03.2016 1 œ¸¢£ž¸¸¢«¸÷¸ ¥¸¸ž¸ ™¸¢¡¸÷¨¸¸Ê ˆÅ¸ 4182.24 3729.84 483.82 495.39 270.23 275.06 ‚¸£¿¢ž¸ˆÅ ¨¸÷¸ÄŸ¸¸›¸ Ÿ¸»¥¡¸ Opening Present Value of Defined Benefit Obligation 2 ¤¡¸¸]¸ ¥¸¸Š¸÷¸ 290.55 274.79 44.88 34.57 18.21 19.92 Interest Cost 3 \¸¸¥¸» ¬¸½¨¸¸ ¥¸¸Š¸÷¸ 483.13 413.77 40.24 29.32 29.13 36.39 Current Service Cost 4 œ¸»¨¸Ä ¬¸½¨¸¸ ¥¸¸Š¸÷¸ 0.00 0.00 0.00 0.00 0.00 0.00 Past Service Cost 5 œÏ™î¸ ¥¸¸ž¸ (349.20) (368.31) (93.76) (98.54) (37.75) (36.38) Benefits Paid 6 ¨¸«¸Ä í½÷¸º „œ¸¢\¸÷¸ (¥¸¸ž¸) / í¸¢›¸ 186.76 132.14 7.03 23.08 21.80 (24.76) Actuarial (Gains)Losses for the year 7 œ¸¢£ž¸¸¢«¸÷¸ ¥¸¸ž¸ ™¸¢¡¸÷¨¸¸Ê ˆÅ¸ ¥¸½‰¸¸ 4793.48 4182.24 482.21 483.82 301.62 270.23 ¤¸¿™ú ¨¸÷¸ÄŸ¸¸›¸ Ÿ¸»¥¡¸ Closing Present Value of Defined Benefit Obligation

85 Annual Report 2016-17

II. ¡¸¸½]¸›¸¸¤¸Ö ‚¸¦¬÷¸¡¸¸Ê ˆ½Å „¢\¸÷¸ Ÿ¸»¥¡¸ Ÿ¸Ê ¤¸™¥¸¸¨¸À (²Å.ˆÅ£¸½”õ Ÿ¸Ê) Change in the Fair Value of Plan Assets: (Rs. in Crores)

œ¸Ê©¸›¸ ¡¸¸½]¸›¸¸ „œ¸™¸›¸ ¡¸¸½]¸›¸¸ ÇÅ.¬¸¿. ¢¨¸¨¸£µ¸ PENSION PLANS GRATUITY PLANS S N Particulars 31.03.2017 31.03.2016 31.03.2017 31.03.2016

1 ¡¸¸½]¸›¸¸¤¸Ö ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ ‚¸£¿¢ž¸ˆÅ „¢\¸÷¸ Ÿ¸»¥¡¸ 4180.48 3676.60 481.86 489.12 Opening fair value of plan assets

2 ¡¸¸½]¸›¸¸¤¸Ö ‚¸¦¬÷¸¡¸¸Ê œ¸£ ‚œ¸½¢®¸÷¸ œ¸º›¸Ä‚™¸¡¸Š¸ú 332.35 321.70 54.95 42.80 Expected return on plan assets

5 „œ¸¢\¸÷¸ (¥¸¸ž¸) / í¸¢›¸ 9.97 9.73 (18.25) (3.79) Actuarial gains/losses

6 ¡¸¸½]¸›¸¸¤¸Ö ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ ¬¸Ÿ¸¸œ¸›¸ „¢\¸÷¸ Ÿ¸»¥¡¸ 4769.00 4180.48 466.80 481.86 Closing fair value of plan assets

III. ÷¸º¥¸›¸ œ¸°¸ Ÿ¸Ê ¢›¸š¸¸Ä¢£÷¸ £ˆÅŸ¸ ( ²Å.ˆÅ£¸½”õ Ÿ¸Ê) Amount recognized in the Balance Sheet: (Rs. in Crores)

Š¸¾£¢›¸¢š¸ˆÅ œ¸¢£ž¸¸¢«¸÷¸ ¥¸¸ž¸ ™¸¢¡¸÷¨¸ ¢›¸¢š¸ˆÅ œ¸¢£ž¸¸¢«¸÷¸ ¥¸¸ž¸ ™¸¢¡¸÷¨¸ UNFUNDED DEFINED FUNDED DEFINED BENEFIT OBLIGATIONS ÇÅ.¬¸¿ ¢¨¸¨¸£µ¸ BENEFIT OBLIGA- S N Particulars TIONS œ¸½¿©¸›¸ ¡¸¸½]¸›¸¸‡¿ „œ¸™¸›¸ ¡¸¸½]¸›¸¸‡¿ ˆºÅ¥¸ ŽºØú ›¸Š¸™úˆÅ£µ¸ PENSION PLANS GRATUITY PLANS OTAL LEAVE ENCASHMENT 31.03.17 31.03.16 31.03.17 31.03.16 31.03.17 31.03.16 31.03.17 31.03.16 1 œ¸¢£ž¸¸¢«¸÷¸ ¥¸¸ž¸ ™¸¢¡¸÷¨¸ ˆÅ¸ ¨¸÷¸ÄŸ¸¸›¸ Ÿ¸»¥¡¸ Present Value of Defined Benefit Obligations 4793.48 4182.24 482.21 483.82 5275.69 4666.06 270.23 270.23 2 ¡¸¸½]¸›¸¸¤¸Ö ‚¸¢¬÷¸¡¸¸½¿ ˆÅ¸ „¢\¸÷¸ Ÿ¸»¥¡¸ Fair Value of Plan Assets (4769.00) (4180.48) (466.80) (481.86) (5235.80) (4662.34) (0.00) (0.00) 3 ¢›¸š¸¸Ä¢£÷¸ ¢›¸¨¸¥¸ ™½¡¸÷¸¸ Net liability to be recognized 24.48 1.76 15.41 1.96 39.89 3.72 270.23 270.23 4 ÷¸º¥¸›¸œ¸°¸ Ÿ¸½¿ ¢›¸š¸¸Ä¢£÷¸ ‚›¡¸ £ˆÅŸ¸ Other amount recognized in the Balance Sheet 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5 ÷¸º¥¸›¸œ¸°¸ Ÿ¸½¿ ¢›¸š¸¸Ä¢£÷¸ ¢›¸¨¸¥¸ ™½¡¸÷¸¸ Net liability recognized in the Balance Sheet 24.48 1.76 15.41 1.96 39.89 3.72 270.23 270.23

IV ¥¸¸ž¸ ‚¸¾£ í¸¢›¸ ¥¸½‰¸¸ Ÿ¸Ê ¢›¸š¸¸Ä¢£÷¸ £ˆÅŸ¸À ( ²Å.ˆÅ£¸½”õ Ÿ¸Ê) Amount recognized in the Profit & Loss Account: (Rs. in Crores) ÇÅ.¬¸¿. ¢¨¸¨¸£µ¸ œ¸Ê©¸›¸ ¡¸¸½]¸›¸¸‡¿ „œ¸™¸›¸ ¡¸¸½]¸›¸¸‡¿ Žº’Ã’ú ›¸ˆÅ™úˆÅ£µ¸ S N Particulars PENSION PLANS GRATUITY PLANS LEAVE ENCASHMENT 31.03.2017 31.03.2016 31.03.2017 31.03.2016 31.03.2017 31.03.2016

1. ¨¸÷¸ÄŸ¸¸›¸ ¬¸½¨¸¸ ¥¸¸Š¸÷¸ 483.13 413.77 40.24 29.32 29.13 36.39 Current Service Cost 2. ¤¡¸¸]¸ ¥¸¸Š¸÷¸ Interest Cost 290.55 274.79 44.88 34.57 18.21 19.91 3. ¡¸¸½]¸›¸¸ ‚¸¦¬÷¸¡¸¸Ê œ¸£ ‚œ¸½¢®¸÷¸ ‚¸¡¸ (332.35) (321.70) (54.95) (42.80) 0.00 0.00 Expected Return on Plan Assets

4. ¨¸«¸Ä í½÷¸º ¢›¸¨¸¥¸ ]¸ú¨¸›¸¸¿¢ˆÅˆÅ (¥¸¸ž¸)/ í¸¢›¸¡¸¸¿ 176.78 122.42 25.27 26.86 21.80 (24.76) Actuarial (Gains)/Losses for the year 5. ¬¸½¨¸¸ œ¸ä¸¸÷¸ ¥¸¸Š¸÷¸ Past Service Cost 0.00 0.00 0.00 0.00 0.00 0.00 6. ¢›¸š¸¸Ä¢£÷¸ ¨¡¸¡¸ 618.12 489.28 55.44 47.96 69.14 31.54 Expense to be recognized 86 Jeeef

7. ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¢ˆÅ‡ Š¸‡ ‚¢÷¸¢£Æ÷¸ œÏ¸¨¸š¸¸›¸/ (œÏ¢÷¸¥¸½¢‰¸÷¸) 0.00 0.00 0.00 0.00 0.00 0.00 Additional provision made / (write back) during the year 8. ˆÅŸ¸Ä\¸¸£ú ¥¸¸Š¸÷¸ Ÿ¸Ê ©¸¸¢Ÿ¸¥¸ ‚¸¾£ ¥¸¸ž¸ ¨¸ í¸¢›¸ ‰¸¸÷¸½ Ÿ¸Ê ¢›¸š¸¸Ä¢£÷¸ ˆºÅ¥¸ ‰¸\¸Ä Net expense recognized in Profit 618.12 489.28 55.44 47.96 69.14 31.54 & Loss Account and included in Staff Cost

V. ÷¸º¥¸›¸ œ¸°¸ Ÿ¸Ê ¢›¸š¸¸Ä¢£÷¸ ¢›¸¨¸¥¸ ™½¡¸÷¸¸ ˆÅ¸ ¬¸Ÿ¸¸š¸¸›¸ (²Å. ˆÅ£¸½”õ Ÿ¸Ê) Reconciliation in the Net Liability recognized in the Balance Sheet (Rs. in Crores)

œ¸Ê©¸›¸ ¡¸¸½]¸›¸¸‡¿ „œ¸™¸›¸ ¡¸¸½]¸›¸¸‡¿ Žº’Ã’ú ›¸ˆÅ™úˆÅ£µ¸ ÇÅ.¬¸¿. PENSION PLANS GRATUITY PLANS LEAVE ENCASHMENT S ¢¨¸¨¸£µ¸ Particulars N 31.03.2017 31.03.2016 31.03.2017 31.03.2016 31.03.2017 31.03.2016

1 œÏ¸£¿¢ž¸ˆÅ ¢›¸¨¸¥¸ ™½¡¸÷¸¸ 1.76 53.24 1.96 6.27 270.23 275.06 Opening Net Liability

2 ¢›¸š¸¸Ä¢£÷¸ ¨¡¸¡¸ 618.12 489.28 55.44 47.96 69.14 31.54 Expense recognized

4 ¬¸Ÿ¸¸œ¸›¸ ¢›¸¨¸¥¸ ™½¡¸÷¸¸ 24.48 1.76 15.41 1.96 301.62 270.23 Closing Net Liability

VI. ¡¸¸½]¸›¸¸¤¸Ö ‚¸¦¬÷¸¡¸¸Ê œ¸£ ¨¸¸¬÷¸¢¨¸ˆÅ ‚¸¡¸ (ˆÅ£¸½”õ Ÿ¸Ê ) Actual Return on Plan Assets (Rs. in Crores)

œ¸Ê©¸›¸ ¡¸¸½]¸›¸¸‡¿ „œ¸™¸›¸ ¡¸¸½]¸›¸¸‡¿ ÇÅ.¬¸¿. ¢¨¸¨¸£µ¸ PENSION PLANS GRATUITY PLANS S N Particulars 31.03.2017 31.03.2016 31.03.2017 31.03.2016

1 ¡¸¸½]¸›¸¸¤¸Ö ‚¸¦¬÷¸¡¸¸Ê œ¸£ ‚œ¸½¢®¸÷¸ ‚¸¡¸ 332.35 321.70 54.95 42.80 Expected return on plan assets

2 ¡¸¸½]¸›¸¸¤¸Ö ‚¸¦¬÷¸¡¸¸Ê œ¸£ ]¸ú¨¸›¸¸¿¢ˆÅˆÅ ¥¸¸ž¸ (í¸¢›¸) 9.97 9.73 (18.25) (3.79) Actuarial gain (loss) on plan assets

3 ¡¸¸½]¸›¸¸¤¸Ö ‚¸¦¬÷¸¡¸¸Ê œ¸£ ¨¸¸¬÷¸¢¨¸ˆÅ ‚¸¡¸ 342.32 331.43 36.70 39.01 Actual return on plan assets VII. Ÿ¸»¥¸ ]¸ú¨¸›¸¸¿¢ˆÅˆÅ Ÿ¸¸›¡¸÷¸¸‡¿ (ž¸¸¢£÷¸ ‚¸¾¬¸÷¸¸Ê ˆ½Å ³Åœ¸ Ÿ¸Ê ¨¡¸Æ÷¸) Principal Actuarial Assumptions (expressed as weighted averages)

ÇÅ. œ¸Ê©¸›¸ ¡¸¸½]¸›¸¸‡¿ „œ¸™¸›¸ ¡¸¸½]¸›¸¸‡¿ Žº’Ã’ú ›¸ˆÅ™úˆÅ£µ¸ ¢¨¸¨¸£µ¸ PENSION PLANS GRATUITY PLANS LEAVE ENCASHMENT ¬¸¿. Particulars S N 31.03.2017 31.03.2016 31.03.2017 31.03.2016 31.03.2017 31.03.2016

1 ž¸¸¿¢]¸÷¸ ™£ 7.25% 7.75% 7.25% 7.75% 7.25% 7.75% Discount rate

2 ¡¸¸½]¸›¸¸ ‚¸¦¬÷¸¡¸¸Ê œ¸£ ‚œ¸½¢®¸÷¸ ‚¸¡¸ 7.95% 8.75% 8.05% 8.75% NA NA Expected return on plan assets

3 ¨¸½÷¸›¸ ¨¸¼¢Ö ˆÅú ‚œ¸½¢®¸÷¸ ™£ 5.50% 5.50% 5.50% 5.50% 5.50% 5.50% Expected rate of salary increases

Š¸. ‚›¡¸ ™ú‹¸¸Ä¨¸¢š¸ ¥¸¸ž¸ : (²Å. ˆÅ£¸½”õ Ÿ¸Ê ) C. Other Long Term Benefits: (Rs. in Crores) ¥¸¸ž¸ ¨¸ í¸¢›¸ ‰¸¸÷¸½ Ÿ¸Ê ¢›¸š¸¸Ä¢£÷¸ ÇÅ.¬¸¿. ¢¨¸¨¸£µ¸ Recognized in Profit & 31.03.2017 31.03.2016 S N Particulars Loss Account 1 œ¸º›¸¬˜¸¸Äœ¸›¸ ž¸î¸¸ 0.15 1.20 31.03.2017 31.03.2016 2 Žº’Ã’ú ¢ˆÅ£¸¡¸¸ ¢£¡¸¸¡¸÷¸ 43.91 18.85 1 Resettlement Allowance 0.15 1.20 2 Leave Fare Concession 43.91 18.85 3 £]¸÷¸ ]¸¡¸¿÷¸ú œ¸º£¬ˆÅ¸£ 0.09 0.12 3 Silver Jubilee Award 0.09 0.12 ]¸¸½”õ 44.15 20.08 Total 44.15 20.08

87 Annual Report 2016-17

10.5 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ 17 - ®¸½°¸ ¢£œ¸¸½¢’ôŠ¸ Accounting Standard 17- Segment Reporting ¤¸ÿˆÅ ›¸½ ‚œ¸›¸½ œÏ¸˜¸¢Ÿ¸ˆÅ ¢£œ¸¸½’Ä ˆÅ£›¸½ ¡¸¸½Š¡¸ ®¸½°¸¸Ê ˆÅ¸ ‚¢ž¸¢›¸š¸¸Ä£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ ¢ˆÅ¡¸¸ í¾. Bank has identified its primary reportable segments as under: ž¸¸Š¸ ˆÅ : ¨¡¸¨¸¬¸¸¡¸ ®¸½°¸ Part A: Business segments (²Å.ˆÅ£¸½”õ Ÿ¸Ê) Rs in crores

 ‰¸]¸¸›¸¸ ¬¸¿¬˜¸¸Š¸÷¸/˜¸¸½ˆÅ ¤¸ÿ¢ˆ¿ÅŠ¸ ‚›¡¸ ¤¸ÿ¢ˆ¿ÅŠ¸ œ¸¢£\¸¸¥¸›¸ ˆºÅ¥¸ ¨¡¸¨¸¬¸¸¡¸ ®¸½°¸ Corporate/ Wholesale ‰¸º™£¸ ¤¸ÿ¢ˆ¿ÅŠ¸ Other Banking Business Segments > Treasury Retail Banking Total Banking Operations ¢¨¸¨¸£µ¸ 2016-17 2015-16 2016-17 2015-16 2016-17 2015-16 2016-17 2015-16 2016-17 2015-16 Particulars £¸]¸¬¨¸ 4079.07 3106.57 5147.54 6676.80 3992.21 3899.26 351.21 389.65 13570.03 14072.27 Revenue œ¸¢£µ¸¸Ÿ¸ 1317.49 323.79 (2616.86) (293.36) (896.99) 338.50 53.58 48.84 (2143.06) 417.77 Result

‚›¸¸¤¸¿¢’÷¸ ¨¡¸¡¸ 0.00 0.00 Unallocated expenses

œ¸¢£\¸¸¥¸›¸ ¥¸¸ž¸ (2143.07) 417.77 Operating profit

ˆÅ£ ‚¸¬˜¸¢Š¸÷¸ ˆÅ£¸Ê ¬¸¢í÷¸ (770.56) 317.08 Taxes including deferred taxes

‚¬¸¸š¸¸£µ¸ ¥¸¸ž¸ / í¸¢›¸ ©¸»›¡¸ ©¸»›¡¸ ©¸»›¡¸ ©¸»›¡¸ ©¸»›¡¸ ©¸»›¡¸ ©¸»›¡¸ ©¸»›¡¸ - - Extraordinary profit/ loss Nil Nil Nil Nil Nil Nil Nil Nil (1372.51) 100.69 ¢›¸¨¸¥¸ ¥¸¸ž¸ Net profit ‚›¡¸ ]¸¸›¸ˆÅ¸¢£¡¸¸¿ : Other Information:

®¸½°¸ ‚¸¦¬÷¸¡¸¸¿ 48024.30 39000.66 58617.74 72228.59 39219.77 37924.10 11432.09 10859.27 157293.90 160012.62 Segment assets

‚›¸¸¤¸¿¢’÷¸ ‚¸¦¬÷¸¡¸¸¿ 2030.08 944.71 Unallocated assets

ˆºÅ¥¸ ‚¸¦¬÷¸¡¸¸¿ 159323.98 160957.32 Total assets

®¸½°¸ ™½¡¸÷¸¸‡¿ 47378.24 38336.91 55545.34 67345.86 36979.63 35167.74 12041.24 11319.67 151944.46 152170.18 Segment liabilities

‚›¸¸¤¸¿¢’÷¸ ™½¡¸÷¸¸‡¿ 0.00 0.00 Unallocated liabilities

œ¸»¿]¸ú ‚¸¾£ ‚›¡¸ œÏ¸£¢®¸¢÷¸¡¸¸¿ 7379.52 8787.14 Capital & Other Reserves

ˆºÅ¥¸ ™½¡¸÷¸¸‡¿ 159323.98 160957.32 Total liabilities

a) Treasury segment includes Investment, balances with Banks ˆÅ) ‰¸]¸¸›¸¸ ®¸½°¸ Ÿ¸Ê ¢›¸¨¸½©¸, ž¸¸£÷¸ ˆ½Å ¤¸¸í£ ˆ½Å ¤¸ÿˆÅ¸Ê Ÿ¸Ê ©¸½«¸, ¢›¸¨¸½©¸¸Ê œ¸£ „œ¸¢\¸÷¸ ¤¡¸¸]¸ outside India, Interest accrued on investments and related ‚¸¾£ „›¸¬¸½ í¸½›¸½ ¨¸¸¥¸ú ¬¸¿¤¸¿¢š¸÷¸ ‚¸¡¸ ©¸¸¢Ÿ¸¥¸ íÿ. income there from. ‰¸) ¬¸¿¬˜¸¸Š¸÷¸/˜¸¸½ˆÅ ¤¸ÿ¢ˆ¿ÅŠ¸ ®¸½°¸¸Ê Ÿ¸Ê ›¡¸¸¬¸¸Ê, ž¸¸Š¸ú™¸£ú ûÅŸ¸¸½Ä, ˆÅŸœ¸¢›¸¡¸¸Ê, ¬¸¸¿¢¨¸¢š¸ˆÅ ¢›¸ˆÅ¸¡¸¸Ê b) Corporate/Wholesale Banking Segments include all advances ‚¸¾£ ¨¸¾¡¸¢Æ÷¸ˆÅ ˆÅ¸½ œÏ™î¸ ¬¸ž¸ú ‚¢ŠÏŸ¸ ©¸¸¢Ÿ¸¥¸ íÿ ¢]¸›íÊ ‰¸º™£¸ ¤¸ÿ¢ˆ¿ÅŠ¸ ®¸½°¸¸Ê Ÿ¸Ê ©¸¸¢Ÿ¸¥¸ to trusts, partnership firms, companies, statutory bodies and individuals etc. which are not included in Retail Banking ›¸íú¿ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. Segments. Š¸) ‰¸º™£¸ ¤¸ÿ¢ˆ¿ÅŠ¸ ®¸½°¸¸Ê Ÿ¸Ê ¬¸¿¬˜¸¸/ ¬¸¿¤¸¿¢š¸÷¸ ˆÅ¸½ ¢¨¸Š¸¸½œ¸›¸ ©¸¸¢Ÿ¸¥¸ í¾ ]¸í¸¿ c) Retail Banking Segments include exposure to entity/concern where i) ˆºÅ¥¸ ‚¸¾¬¸÷¸ ¨¸¸¢«¸ÄˆÅ œ¸µ¡¸¸¨¸÷¸Ä ²Å. 50 ˆÅ£¸½”õ ¬¸½ ˆÅŸ¸ í¾ ‚¸¾£ i. Total average annual turnover less than Rs.50 crores and ii) ‡ˆÅ œÏ¢÷¸œ¸®¸ Ÿ¸Ê ¢ˆÅ¡¸¸ Š¸¡¸¸ ˆºÅ¥¸ ¢›¸¨¸½©¸ ¤¸ÿˆÅ ˆ½Å ¬¸Ÿ¸ŠÏ ‰¸º™£¸ ¬¸¿¢¨¸ž¸¸Š¸ ˆ½Å 0.2% ¬¸½ ii. No aggregate exposure to one counter party exceeds 0.2% ‚¢š¸ˆÅ ›¸íú¿ í¾ ‚¸¾£ of the overall retail portfolio of the Bank and iii. The maximum aggregated retail exposure to one counterpart iii) ‡ˆÅ œÏ¢÷¸œ¸®¸ Ÿ¸Ê ¢ˆÅ¡¸¸ Š¸¡¸¸ ‚¢š¸ˆÅ÷¸Ÿ¸ ¢›¸¨¸½©¸ ²Å. 5 ˆÅ£¸½”õ ÷¸ˆÅ í¾. is up to Rs. 5 crores. ‹¸) ‚›¡¸ ¤¸ÿ¢ˆ¿ÅŠ¸ œ¸¢£\¸¸¥¸›¸¸Ê ˆ½Å ®¸½°¸ Ÿ¸Ê ‡½¬¸½ ¬¸ž¸ú ‚›¡¸ ¤¸ÿ¢ˆ¿ÅŠ¸ ¨¡¸¨¸í¸£ ©¸¸¢Ÿ¸¥¸ íÿ ¢]¸›íÊ d) Other Banking Operations segment includes all other banking transaction not covered under segments, specified „œ¸¡¸ºÄÆ÷¸ ®¸½°¸¸Ê ˆ½Å ‚›÷¸Š¸Ä÷¸ ©¸¸¢Ÿ¸¥¸ ›¸íú¿ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. above.

88 Jeeef

ž¸¸Š¸ ‰¸À ž¸¸¾Š¸¸½¢¥¸ˆÅ ®¸½°¸ Part B: Geographical Segment Since the operations of the Bank are within India only, Geographical \¸»Â¢ˆÅ ¤¸ÿˆÅ ˆ½Å œ¸¢£\¸¸¥¸›¸ ˆ½Å¨¸¥¸ ž¸¸£÷¸ ˆ½Å ž¸ú÷¸£ í¸½÷¸½ íÿ ‚÷¸À ž¸¸¾Š¸¸½¢¥¸ˆÅ ®¸½°¸ ¥¸¸Š¸» ›¸íú¿ í¾. Segment is not applicable. 10.6 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ 18- ¬¸¿¤¸¿¢š¸÷¸ œ¸®¸ œÏˆÅ’›¸ 10.6 Accounting Standard 18 – Related party disclosures ƒ¬¸ ¬¸¿¤¸¿š¸ Ÿ¸Ê ¢¨¸¨¸£µ¸ ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿ The details in this regard are as under: A. Name of the Related Parties and their relationship: ˆÅ. ¬¸¿¤¸¿¢š¸÷¸ œ¸®¸¸Ê ˆÅ¸ ›¸¸Ÿ¸ ‚¸¾£ „›¸ˆ½Å ¬¸¿¤¸¿š¸À (A) Subsidiary of the Bank –The Maharashtra Executor & Trustee (ˆÅ) ¤¸ÿˆÅ ˆÅú ‚›¸º«¸¿Š¸ú ˆ¿Åœ¸›¸ú À ¢™ Ÿ¸í¸£¸«’ï ‡¦Æ]¸Æ¡¸»’£ ‡¿” ’ï¬’ú ˆ¿Åœ¸›¸ú œÏ¸.¢¥¸. Co. Pvt. Limited (‰¸) ¤¸ÿˆÅ ˆÅú ¬¸í¸¡¸ˆÅ ¬¸¿¬˜¸¸ À Ÿ¸í¸£¸«’ï ŠÏ¸Ÿ¸úµ¸ ¤¸ÿˆÅ (B) Associate of the Bank - Maharashtra Gramin Bank (Š¸) Ÿ¸í÷¨¸œ¸»µ¸Ä œÏ¤¸¿š¸ˆÅú¡¸ ˆÅ¸¢Ÿ¸ÄˆÅ (C) Key Management Personnel- 1) ªú ¬¸º©¸ú¥¸ Ÿ¸ºí›¸¸½÷¸, ‚š¡¸®¸ ¨¸ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ (09.11.2013 ¬¸½ 26.09.2016) 1) Shri Sushil Muhnot Chairman & Managing Director (from 09.11.2013 to 26.09.2016) 2) ªú £¢¨¸›Í Ÿ¸£¸“½, œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ (26.09.2016 ¬¸½ ‚¤¸ ÷¸ˆÅ) 2) Shri Ravindra Marathe, Managing Director and CEO (from 26.09.2016 to till date) 3) ªú ‚¸£. ‚¸÷Ÿ¸¸£¸Ÿ¸, ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ (07.08.2013 ¬¸½ 31.10.2016) 3) Shri R Athmaram, Executive Director (from 07.08.2013 to 4) ªú ‚¸£. ˆ½Å. Š¸ºœ÷¸¸, ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ (31.12.2013 ¬¸½ ‚¤¸ ÷¸ˆÅ) 31.10.2016) 5) ªú ‡. ¬¸ú. £¸„÷¸, ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ (31.03.2017 ¬¸½ ‚¤¸ ÷¸ˆÅ) 4) Shri R K Gupta, Executive Director (from 31.12.2013 to till date) 5) Shri A C Rout, Executive Director (from 31.03.2017 to till date) ‰¸. ¬¸¿¤¸¿¢š¸÷¸ œ¸®¸¸Ê ¬¸½ ¬¸¿¨¡¸¨¸í¸£ - B. Transactions with Related parties (²Å. ˆÅ£¸½”õ Ÿ¸Ê) (Rs. in Crores) ¢¨¸¨¸£µ¸ 31.03.17 31.03.16 Particulars 31.03.17 31.03.16 Salary & Allowances (including ¨¸½÷¸›¸ ¨¸ ž¸î¸½ (œ¸¢£¥¸¦¤š¸¡¸¸Ê ¬¸¢í÷¸) 0.67 0.62 0.67 0.62 perquisites) Ÿ¸í÷¨¸œ¸»µ¸Ä œÏ¤¸¿š¸ˆÅú¡¸ ˆÅ¸¢Ÿ¸ÄˆÅ¸Ê ˆÅ¸½ †µ¸ ¨¸ ‚¢ŠÏŸ¸ 0.43 0.55 Loans & Advances to Key 0.43 0.55 Ÿ¸í÷¨¸œ¸»µ¸Ä œÏ¤¸¿š¸ˆÅú¡¸ ˆÅ¸¢Ÿ¸ÄˆÅ¸Ê ˆÅú ]¸Ÿ¸¸£¸¢©¸ 1.35 0.06 Management Personnel Ÿ¸í÷¨¸œ¸»µ¸Ä œÏ¤¸¿š¸ˆÅú¡¸ ˆÅ¸¢Ÿ¸ÄˆÅ¸Ê ×¸£¸ ]¸Ÿ¸¸£¸¢©¸¡¸¸Ê Deposits of Key Management 0.00 0.25 1.35 0.06 ˆÅ¸ ¢›¸¡¸¸½]¸›¸ Personnel Placement of Deposits by Key 0.00 0.25 Ÿ¸í÷¨¸œ¸»µ¸Ä œÏ¤¸¿š¸ˆÅú¡¸ ˆÅ¸¢Ÿ¸ÄˆÅ¸Ê ˆÅ¸½ \¸ºˆÅ÷¸¸ ¤¡¸¸]¸ 0.02 0.03 Management Personnel Ÿ¸í÷¨¸œ¸»µ¸Ä œÏ¤¸¿š¸ˆÅú¡¸ ˆÅ¸¢Ÿ¸ÄˆÅ¸Ê ¬¸½ œÏ¸œ÷¸ ¤¡¸¸]¸ 0.05 0.05 Interest paid to Key Management 0.02 0.03 Personnel Interest received from Key ‡‡¬¸ 18 ¬¸¿¤¸¿¢š¸÷¸ œ¸®¸ œÏˆÅ’›¸ ˆ½Å œ¸¢£\Ž½™ 9 ˆ½Å Ÿ¸Ó½›¸]¸£ ¤¸ÿˆÅ ˆÅú ‚›¸º«¸¿Š¸ú ˆ¿Åœ¸›¸ú ‚¸¾£ 0.05 0.05 ¬¸í¸¡¸ˆÅ ¬¸¿¬˜¸¸‚¸Ê ˆ½Å ¬¸¸˜¸ ¬¸¿¨¡¸¨¸í¸£ ˆÅ¸ œÏˆÅ’›¸ ›¸íú ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾, ]¸¸½ ¢ˆÅ £¸]¡¸ ¢›¸¡¸¿¢°¸÷¸ Management Personnel „Ô¸Ÿ¸¸Ê ˆÅ¸½ ‚›¡¸ ¬¸¿¤¸¿¢š¸÷¸ œ¸®¸ ]¸¸½ ¢ˆÅ £¸]¡¸ ×¸£¸ ¢›¸¡¸¿¢°¸÷¸ í¾, „›¸ˆ½Å ¬¸¿¨¡¸¨¸í¸£¸Ê ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ The transactions with the subsidiary and associate of the bank have ¢ˆÅ¬¸ú ž¸ú œÏˆÅ’›¸ ¬¸½ Ž»’ ™½÷¸¸ í¾. not been disclosed in view of para 9 of the AS- 18 Related Parties Disclosures, which exempts state controlled enterprises from making 10.7 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ-19-œ¸’Ã’¸ any disclosure pertaining to their transactions with other state ¢¨¸î¸ú¡¸ œ¸’Ã’¸ : controlled related parties. œ¸’Ã’¸ ¢]¸¬¸ˆ½Å ÷¸í÷¸ ¤¸ÿˆÅ ¬¨¸¸¢Ÿ¸÷¨¸ ˆ½Å ¬¸ž¸ú ]¸¸½¢‰¸Ÿ¸¸Ê ‚¸¾£ œ¸º£¬ˆÅ¸£ ˆÅ¸½ ˆÅ¸ûÅú í™ ÷¸ˆÅ 10.7 Accounting Standard 19 - Leases ¨¸Š¸úÄˆ¼Å÷¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾, ¢¨¸î¸ú¡¸ œ¸’Ã’½ í¸½÷¸½ íÿ— ‡½¬¸ú ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸½ ‚¸¦¬÷¸ ˆÅ¸½ „¢\¸÷¸ ™£ œ¸£ Finance Leases: ¡¸¸ œ¸’Ã’½ ˆÅú ©¸º²Å‚¸÷¸ Ÿ¸Ê œ¸’Ã’½ ˆ½Å ž¸ºŠ¸÷¸¸›¸ ×¸£¸, ]¸¸½ ž¸ú ˆÅŸ¸ í¸½, œ¸»Â]¸úˆ¼Å÷¸ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾— Lease under which the Bank assumes substantially all the risks and rewards of ownership are classified has finance leases. Such assets œ¸¢£\¸¸¥¸›¸ œ¸’Ã’¸ : acquired are capitalized at fair value of the asset or lease payments at ]¸¤¸ œ¸’Ã’½ ˆÅú ‚¨¸¢š¸ ˆ½Å ¤¸¸™ ¥¸¸ž¸ ‚¸¾£ í¸¢›¸ ˆ½Å ¢¨¸¨¸£µ¸ Ÿ¸Ê ]¸¸½”õ½ ]¸¸›¸½ œ¸£ œ¸¢£\¸¸¥¸›¸ œ¸’Ã’¸Ê ˆ½Å the inception of the lease, whichever is lower. ÷¸í÷¸ œ¸’Ã’½ ˆÅ¸ ž¸ºŠ¸÷¸¸›¸ Ÿ¸¸›¡¸÷¸¸ œÏ¸œ÷¸ ¨¡¸¡¸ í¾— œ¸¢£\¸¸¥¸›¸ œ¸’Ã’¸Ê Ÿ¸Ê ¥¸¸ž¸ ‚¸¾£ í¸¢›¸ ‰¸¸÷¸¸Ê ˆ½Å Operating Leases: ¢¥¸‡ œ¸’Ã’½ ˆ½Å ž¸ºŠ¸÷¸¸›¸ ˆÅú £¸¢©¸ ³Å. 131.95 ˆÅ£¸½”õ (¢œ¸Ž¥¸½ ¨¸«¸Ä ³Å. 127.82 ˆÅ£¸½”õ) í¾— Lease payments under operating leases are recognized has an expense as and when incurred in the Statement of Profit and Loss over the lease term. Amount of lease payments recognized in the 10.8 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ-20 -œÏ¢÷¸ ©¸½¡¸£ ‚]¸Ä›¸ Profit and Loss Account for operating leases is Rs. 131.95 crores (Previous year Rs. 127.82 crores) ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 10.8 Accounting Standard 20 - Earnings per Share Ÿ¸»¥¸ œÏ¢÷¸ ©¸½¡¸£ ‚]¸Ä›¸ (ƒÄœ¸ú‡¬¸) ²Å. (11.75) ²Å. 0.91 Particulars 31.03.2017 31.03.2016 ‚›¸ºˆ¼Å÷¸ œÏ¢÷¸ ©¸½¡¸£ ‚]¸Ä›¸ ²Å. (11.75) ²Å. 0.91 Basic E.P.S. Rs. (11.75) Rs 0.91 Diluted E.P.S. Rs. (11.75) Rs 0.91 Ÿ¸»¥¸ / ‚›¸ºˆ¼Å÷¸ œÏ¢÷¸ ©¸½¡¸£ ‚]¸Ä›¸ ˆÅú Š¸µ¸›¸¸ . Calculation of Basic /Diluted EPS. ˆÅ) ˆÅ£ „œ¸£¸¿÷¸ ¢›¸¨¸¥¸ ¥¸¸ž¸ (²Å. ¥¸¸‰¸ Ÿ¸Ê) 137250.77 10068.52 a) Net Profit after Tax (Rs. in Lakhs) 137250.77 10068.52 ‰¸) ƒÄ¦Æ¨¸’ú ©¸½¡¸£¸Ê ˆÅú ž¸¸¢£÷¸ ‚¸¾¬¸÷¸ ¬¸¿‰¡¸¸ (¬¸¿‰¡¸¸ b) Weighted Average number of 11683.34 11117.36 11683.34 11117.36 ¥¸¸‰¸ Ÿ¸Ê) Equity Shares (in Lakhs) c) Basic Earnings per share [(a) Š¸) œÏ¢÷¸ ©¸½¡¸£ Ÿ¸»¥¸ ‚]¸Ä›¸ [(ˆÅ) ¢¨¸ž¸¸¢]¸÷¸ (‰¸) ×¸£¸] ²Å. (11.75) ²Å. 0.91 Rs (11.75) Rs 0.91 divided by (b)] ‹¸) œÏ¢÷¸ ©¸½¡¸£ ‚¢ž¸¢í÷¸ Ÿ¸»¥¡¸ ²Å. 10.00 ²Å.. 10.00 d) Nominal Value per Share Rs. 10.00 Rs. 10.00

89 Annual Report 2016-17

10.9 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ 21 - ¬¸Ÿ¸½¢ˆÅ÷¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸ 10.9 Accounting Standard 21 – Consolidated Financial Statements ¬¸í¸¡¸ˆÅ ˆ¿Åœ¸›¸ú ‚˜¸¸Ä÷¸ Ÿ¸í¸£¸«’ï ŠÏ¸Ÿ¸úµ¸ ¤¸ÿˆÅ ˆ½Å œ¸¢£µ¸¸Ÿ¸¸Ê ˆÅ¸½ Ÿ¸»¥¸ ¤¸ÿˆÅ ‚¸¾£ ‚›¸º«¸¿Š¸ú ‚˜¸¸Ä÷¸ The results of the Associate viz. Maharashtra Gramin Bank has been Ÿ¸í¸£¸«’ï ‡¦Æ]¸Æ¡¸»’£ ‡¿” ’ï¬’ú ˆ¿Åœ¸›¸ú œÏ¸.¢¥¸. ˆ½Å œ¸¢£µ¸¸Ÿ¸¸Ê Ÿ¸Ê ÇÅŸ¸©¸À ¥¸½‰¸¸¿ˆÅ›¸ Ÿ¸¸›¸ˆÅ 23 consolidated with the parent bank and subsidiary viz. Maharashtra ‚¸¾£ ¥¸½‰¸¸¿ˆÅ›¸ Ÿ¸¸›¸ˆÅ 21 ˆ½Å ‚›¸ºœ¸¸¥¸›¸ Ÿ¸Ê ¬¸Ÿ¸½¢ˆÅ÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. Executor & Trustee Company Private Limited in compliance with Accounting Standard 23 and Accounting Standard 21 respectively. 10.10 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ 22 - ‚¸¡¸ œ¸£ ˆÅ£¸Ê í½÷¸º ¥¸½‰¸¸¿ˆÅ›¸ 10.10 Accounting Standard 22 – Accounting for Taxes on Income 10.10.1 10.10.1 ¬¸¿œ¸»µ¸Ä ¬¸Ÿ¸ú®¸¸ ‚¸¾£ ¤¸ÿˆÅ ˆ½Å ˆÅ£ ¬¸¥¸¸íˆÅ¸£ ˆÅú ¢¨¸©¸½«¸±¸ ¬¸¥¸¸í ˆ½Å ‚¸š¸¸£ œ¸£ ¤¸ÿˆÅ ›¸½ ž¸¢¨¸«¡¸ Based on the thorough review and on the expert advice of Bank’s Tax Ÿ¸Ê ˆÅ£ ¡¸¸½Š¡¸ ‚¸¡¸ ˆÅ¸ ‚›¸ºŸ¸¸›¸ ¥¸Š¸¸¡¸¸ í¾ ¢]¸¬¸ˆ½Å ˆÅ¸£µ¸ ‰¸£¸¤¸ ‚¸¾£ ¬¸¿™½í¸¬œ¸™ †µ¸ Consultant, the Bank has estimated future taxable income against (‡›¸œ¸ú‡) ˆ½Å œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å ˆÅ¸£µ¸ í¸½›¸½ ¨¸¸¥¸½ ¬¸Ÿ¸¡¸ ˆ½Å ‚¿÷¸£ ˆÅ¸½ Ÿ¸í¬¸»¬¸ ¢ˆÅ¡¸¸ ]¸¸ ¬¸ˆÅ÷¸¸ which timing difference arising on account of provisions for Bad & í¾ ‚¸¾£ ÷¸™›¸º¬¸¸£ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ¤¸ÿˆÅ ›¸½ ²Åœ¸¡¸½ ˆÅú ‚¸¬˜¸¢Š¸÷¸ ˆÅ£ ¬¸¿œ¸¢î¸¡¸¸Ê ˆÅ¸½ Doubtful Debts (NPA) can be realized and accordingly during the year Ÿ¸¸›¡¸÷¸¸ ™ú í¾, ž¸¢¨¸«¡¸ ˆ½Å ˆÅ£ ¡¸¸½Š¡¸ ‚¸¡¸ ˆÅú „œ¸¥¸¤š¸÷¸¸ ˆÅú „¢\¸÷¸ ¢›¸¢ä¸÷¸÷¸¸ ˆ½Å ‚¸š¸¸£ œ¸£, 2016-17, the Bank has recognized deferred tax assets of Rs. 761.25 crores in respect of the above on such timing difference based on ƒ¬¸ ÷¸£í ˆ½Å ¬¸Ÿ¸¡¸ ‚¿÷¸£ œ¸£ „œ¸£¸½Æ÷¸ ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ²Å. 761.25 ˆÅ£¸½”õ, ¢]¸¬¸ˆ½Å ¢‰¸¥¸¸ûÅ ƒ¬¸ reasonable certainty of availability of future taxable income against ÷¸£í ˆÅú ¬˜¸¢Š¸÷¸ ˆÅ£ ¬¸¿œ¸¢î¸ ˆÅ¸ ‡í¬¸¸¬¸ í¸½ ¬¸ˆÅ÷¸¸ í¾— which such deferred tax assets can be realized. 10.10.2 10.10.2 ¤¸ÿˆÅ ›¸½ ‡‡¬¸ 22 ˆÅ¸ œ¸¸¥¸›¸ ˆÅ£÷¸½ íº‡ ˆÅ£ ˆÅ¸ ¥¸½‰¸¸¿ˆÅ›¸ ¢ˆÅ¡¸¸ í¾. ÷¸™›¸º¬¸¸£, ‚¸¬˜¸¢Š¸÷¸ The bank has accounted for taxes on income in compliance with AS ˆÅ£-‚¸¦¬÷¸¡¸¸¿ ‚¸¾£ ‚¸¬˜¸¢Š¸÷¸ ˆÅ£ ™½¡¸÷¸¸‡Â ¢›¸Ÿ›¸¸›¸º¬¸¸£ íÿ : 22. Accordingly, Deferred Tax Assets and Deferred Tax Liabilities are (²Å.ˆÅ£¸½” Ÿ¸Ê) as under: (Rs. in Crores) ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 Particulars 31.03.2017 31.03.2016 ‚¸¬˜¸¢Š¸÷¸ ˆÅ£ ‚¸¦¬÷¸¡¸¸¿ Deferred Tax Assets 1) ¬¸¿¢\¸÷¸ í¸¢›¸¡¸¸Ê ˆ½Å ˆÅ¸£µ¸ 0.00 0.00 1) On account of Accumulated Losses 0.00 0.00 2) On account of provisions for 2) ˆÅŸ¸Ä\¸¸£ú ‚›¸º¥¸¸ž¸ í½÷¸º œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å ³Åœ¸ Ÿ¸Ê 144.58 92.49 144.58 92.49 Employees benefits 3) ‚›¡¸ œÏ¸¨¸š¸¸›¸ ]¸í¸¿ ”ú’ú‡ ¤¸›¸¸¡¸¸ Š¸¡¸¸ í¾. 868.60 39.94 3) Other Provisions where DTA is 868.60 39.94 „œ¸ ]¸¸½”õ (ˆÅ) 1013.18 132.43 created Sub-Total (A) 1013.18 132.43 ‚¸¬˜¸¢Š¸÷¸ ˆÅ£ ™½¡¸÷¸¸ Deferred Tax Liability 1) š¸¸£¸ 36(1)(viii) ˆ½Å ‚›÷¸Š¸Ä÷¸ ¢¨¸©¸½«¸ œÏ¸£¢®¸÷¸ 1) On account of Special Reserve u/s 171.68 171.68 171.68 171.68 ¢›¸¢š¸ ˆ½Å ³Åœ¸ Ÿ¸Ê 36(1) (viii) 2) On account of Depreciation on 2) ¢›¸¨¸½©¸ œ¸£ Ÿ¸»¥¡¸Ý¸¬¸ ˆ½Å ³Åœ¸ Ÿ¸Ê 161.08 161.08 161.08 161.08 Investment 3.29 3.29 3) ¦¬˜¸£ ‚¸¦¬÷¸¡¸¸Ê œ¸£ Ÿ¸»¥¡¸Ý¸¬¸ ˆ½Å ³Åœ¸ Ÿ¸Ê 3) On account of Depreciation on 3.29 3.29 4) ‚›¡¸ œÏ¸¨¸š¸¸›¸ ]¸í¸Â ”ú’ú‡¥¸ ÷¸¾¡¸¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ 28.84 0.00 Fixed Assets 4) Other Provisions where DTL is 28.84 0.00 „œ¸ ]¸¸½” (‰¸) 364.89 336.05 created ¢›¸¨¸¥¸ ‚¸¬˜¸¢Š¸÷¸ ˆÅ£ ‚¸¦¬÷¸ (ˆÅ-‰¸) 648.29 (-)203.62 Sub-Total (B) 364.89 336.05 10.11 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ 24 - œ¸¢£\¸¸¥¸›¸ ˆÅ¸ ¬¸Ÿ¸¸œ¸›¸ Net Deferred Tax Asset (A-B) 648.29 (-)203.62 ¤¸ÿˆÅ ›¸½ ¢¨¸î¸ú¡¸ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ ‚œ¸›¸ú ¢ˆÅ¬¸ú ž¸ú ¨¡¸¨¸¬¸¸¡¸ Š¸¢÷¸¢¨¸¢š¸¡¸¸Ê/œ¸¢£\¸¥¸›¸¸Ê 10.11 Accounting Standard -24- Discontinuing Operations ˆÅ¸ ¬¸Ÿ¸¸œ¸›¸ ›¸íú¿ ¢ˆÅ¡¸¸ ¢]¸¬¸ˆÅ¸ œ¸¢£µ¸¸Ÿ¸ ‚¸¦¬÷¸¡¸¸Ê ˆÅú ¨¸¬¸»¥¸ú ÷¸˜¸¸ ™½¡¸÷¸¸‚¸Ê ˆÅ¸ ¢›¸œ¸’¸›¸ £í¸ The Bank, during the financial year 2016-17, has not discontinued ‚¸¾£ ‚œ¸›¸ú ¬¸Ÿ¸ŠÏ÷¸¸ Ÿ¸Ê ¨¡¸¨¸¬¸¸¡¸ Š¸¢÷¸¢¨¸¢š¸ ˆ½Å ¬¸Ÿ¸¸œ¸›¸ ˆÅ¸½ ‚¿¢÷¸Ÿ¸ ³Åœ¸ ™½›¸½ ˆÅ¸ ˆÅ¸½ƒÄ ¢›¸µ¸Ä¡¸ any of its business activities/ operations which resulted in discharging ›¸íú¿ ¢¥¸¡¸¸ Š¸¡¸¸ ¢]¸¬¸ˆÅ¸ „Æ÷¸ œÏž¸¸¨¸ œ¸”õ½Š¸¸ — of liabilities and realization of the assets and no decision has been finalized to discontinue a business activity in its entirety which will have 10.12 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ 26 - ‚Ÿ¸»÷¸Ä ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ ¥¸½‰¸¸¿ˆÅ›¸ the above effects. 10.12 Accounting Standard 26—Accounting for Intangible Assets ˆÅŸœ¡¸»’£ ¬¸¸ÁÉ’¨¸½¡¸£ - ‚¸¿÷¸¢£ˆÅ ³Åœ¸ ¬¸½ ¢›¸¢Ÿ¸Ä÷¸ ˆ½Å ‚¢÷¸¢£Æ÷¸À Computer Software – other than internally generated: „œ¸¡¸¸½Š¸ ‚¨¸¢š¸ 3 ¨¸«¸Ä Useful life - 3 years. œ¸¢£©¸¸½š¸›¸ ™£ 33.33% Amortization Rate - 33.33 % œ¸¢£©¸¸½š¸›¸ œ¸š™¢÷¸ - ¥¸¸Š¸÷¸ œ¸£ ¬¸£¥¸ £½‰¸¸ œ¸Ö¢÷¸ Amortization Method - Straight line at cost (³Åœ¸¡¸½ ˆÅ£¸½”õ Ÿ¸Ê) (Rs. in Crores) ¢¨¸¨¸£µ¸ 31.03.2017 31.03.2016 Particulars 31.03.2017 31.03.2016 Software at the beginning of the year 33.70 29.16 ¨¸«¸Ä ˆ½Å ‚¸£¿ž¸ Ÿ¸Ê ¬¸¸ÁÉ’¨¸½¡¸£ 33.70 29.16 Software acquired during the year 9.64 34.16 ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ ¢¥¸¡¸½ Š¸¡¸½ ¬¸¸ÁÉ’¨¸½¡¸£ 9.64 34.16 Amortization during the year 25.52 29.62 Net carrying amount at the end of the ¨¸«¸Ä ˆ½Å ™¸¾£¸›¸ œ¸¢£©¸¸½š¸›¸ 25.52 29.62 17.82 33.70 ¨¸«¸Ä ˆÅú ¬¸Ÿ¸¸¦œ÷¸ œ¸£ ‚¸Š¸½ ¥¸½ ]¸¸ƒÄ Š¸ƒÄ year 17.82 33.70 ¢›¸¨¸¥¸ £¸¢©¸ Note : Previous Year figures of software have been regrouped and rectified to arrive at the correct balance ¢’œœ¸µ¸ú : ¬¸¸ÁÉ’¨¸½¡¸£ ˆ½Å ¢œ¸Ž¥¸½ ¬¸¸¥¸ ˆ½Å ‚¸¿ˆÅ”õ¸Ê ˆÅ¸½ ¬¸íú ¬¸¿÷¸º¥¸›¸ œ¸£ œ¸íº¿\¸¸›¸½ ˆ½Å ¢¥¸‡ œ¸º›¸Ÿ¸»Ä¥¡¸¸¿¢ˆÅ÷¸ ‚¸¾£ ¬¸ºš¸¸£¸ Š¸¡¸¸ í¾—

90 Jeeef

10.13 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ - 28 - ‚¸¦¬÷¸¡¸¸Ê ˆÅ¸ ‚›¸]¸ÄˆÅ í¸½›¸¸ 10.13 Accounting Standard 28- Impairment of Assets Bank has identified that there is no impairment of fixed assets and as ¤¸ÿˆÅ ›¸½ ‚¢ž¸¢›¸š¸¸Ä¢£÷¸ ¢ˆÅ¡¸¸ í¾ ¢ˆÅ ‚\¸¥¸ ‚¸¦¬÷¸¡¸¸Â ‚›¸]¸ÄˆÅ ›¸íú¿ íºƒÄ í¾. ƒ¬¸¢¥¸‡ ¥¸½‰¸¸ such, no provision is required as per AS-28. Ÿ¸¸›¸ˆÅ 28 ˆ½Å ‚›¸º¬¸¸£ ˆÅ¸½ƒÄ œÏ¸¨¸š¸¸›¸ ˆÅ£›¸½ ˆÅú ‚¸¨¸©¡¸ˆÅ÷¸¸ ›¸íú¿ í¾. 10.14 Accounting Standard 29- Provisions, Contingent Liabilities 10.14 ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ 29 - œÏ¸¨¸š¸¸›¸, ‚¸ˆÅ¦¬Ÿ¸ˆÅ ™½¡¸÷¸¸‡¿ ‚¸¾£ ‚¸ˆÅ¦¬Ÿ¸ˆÅ and Contingent Assets ‚¸¦¬÷¸¡¸¸¿ In the opinion of the management, no further provision is required œÏ¤¸¿š¸›¸ ˆ½Å Ÿ¸÷¸¸›¸º¬¸¸£ ‚›¸º¬¸»\¸ú 12 Ÿ¸Ê ¬¸¿™¢ž¸Ä÷¸ ‚¸ˆÅ¦¬Ÿ¸ˆÅ ™½¡¸÷¸¸‚¸Ê ˆ½Å ¢¥¸‡ ˆÅ¸½ƒÄ against contingent liabilities referred to in Schedule 12. œÏ¸¨¸š¸¸›¸ ˆÅ£›¸¸ ‚¸¨¸©¡¸ˆÅ ›¸íú¿ í¾. 11 Provision for fraud cases in loans and advances: 11 †µ¸¸Ê ‚¸¾£ ‚¢ŠÏŸ¸¸Ê Ÿ¸Ê š¸¸½‰¸¸š¸”õú ˆ½Å Ÿ¸¸Ÿ¸¥¸½ í½÷¸º œÏ¸¨¸š¸¸›¸ In terms of RBI guidelines, the banks are permitted to amortise the provision towards fraud cases in four quarters beginning from the date ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¤¸ÿˆÅ¸Ê ˆÅ¸½ ]¸¸¥¸¬¸¸]¸ú ˆÅú œ¸í\¸¸›¸ of detection of fraud and where the provision is made in two different ˆÅú ¢™›¸¸¿ˆÅ ¬¸½ ‚¸£¿ž¸ ˆÅ£ˆ½Å 4 ¢÷¸Ÿ¸¸¢í¡¸¸Ê Ÿ¸Ê ]¸¸¥¸¬¸¸]¸ú ˆ½Å Ÿ¸¸Ÿ¸¥¸¸Ê ˆ½Å œÏ¢÷¸ œÏ¸¨¸š¸¸›¸ financial years, the unprovided amount has to be charged to Revenue ˆÅ¸ œ¸¢£©¸¸½š¸›¸ ˆÅ£›¸½ ˆÅú ‚›¸ºŸ¸¢÷¸ í¾ ‚¸¾£ ]¸í¸¿ œÏ¸¨¸š¸¸›¸ ™¸½ ‚¥¸Š¸ ‚¥¸Š¸ ¢¨¸î¸ú¡¸ Reserve vide RBI circular DBR. No. BP.BC.92/21.04.048/2015-16 ¨¸«¸¸½ô Ÿ¸Ê ¢ˆÅ‡ Š¸‡ í¸Ê ¨¸í¸¿ œÏ¸¨¸š¸¸›¸ ›¸ ˆÅú Š¸ƒÄ £¸¢©¸ ¬¸¿¤¸¿¢š¸÷¸ ¨¸«¸Ä ˆÅú ¬¸Ÿ¸¸¦œ÷¸ œ¸£ dated 18.04.2016 as on the relevant year end. ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™›¸¸¿ˆÅ 18.04.2016 ˆ½Å œ¸¢£œ¸°¸ ÇÅ. ”ú¤¸ú‚¸£.ÇÅ.¤¸úœ¸ú. (Rs. in crores) ¤¸ú¬¸ú.92/21.04.048/2015-16 ×¸£¸ £¸]¸¬¨¸ ‚¸£¢®¸÷¸ú ˆÅ¸½ œÏž¸¸¢£÷¸ ˆÅú ]¸¸›¸ú í¾. Up to the During the Up to the During the Quantum Quantum of year ended quarter year ended quarter of provision amortised (²Å. ˆÅ£¸½”õ Ÿ¸Ê) 31.03.2017 ended 31.03.2017 ending made provision (No. of 31.03.2017 (Amount) 31.03.2017 during the debited to 31.03.2017 31.03.2017 ˆÅ¸½ 31.03.2017 ˆÅ¸½ 31.03.2017 31.03.2017 31.03.2017 ˆÅ¸½ Cases) (No. of (Amount) year ended “Revenue ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ¬¸Ÿ¸¸œ÷¸ ¢÷¸Ÿ¸¸íú ˆ½Å ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ÷¸ˆÅ ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ˆÅ¸½ £¸]¸¬¨¸ Cases) 31.03.2017 Reserves” ÷¸ˆÅ (Ÿ¸¸Ÿ¸¥¸¸Ê ˆÅú ™¸¾£¸›¸ (Ÿ¸¸Ÿ¸¥¸¸Ê ˆÅú (£¸¢©¸) ¢÷¸Ÿ¸¸íú ˆ½Å ˆ½Å ™¸¾£¸›¸ ¢ˆÅ‡ ‚¸£¢®¸÷¸ú ˆÅ¸½ ›¸¸Ÿ¸½ (Amount) as at the ¬¸¿‰¡¸¸) ¬¸¿‰¡¸¸) ™¸¾£¸›¸ (£¸¢©¸) Š¸‡ œÏ¸¨¸š¸¸›¸ ˆÅú œ¸¢£©¸¸½¢š¸÷¸ œÏ¸¨¸š¸¸›¸ ˆÅú year ended Ÿ¸¸°¸¸ (£¸¢©¸) Ÿ¸¸°¸¸ (£¸¢©¸) 31.03.2017 3893 281 2041.46 35.98 303.76 ©¸»›¡¸ (Amount) 3893 281 2041.46 35.98 303.76 Nil ¤¸ÿˆÅ ›¸½ ¨¸«¸Ä 2015-16 ˆ½Å ™¸¾£¸›¸ œ¸¸‡ Š¸‡ š¸¸½‰¸¸š¸”õú ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ³Å. 54.21 ˆÅ£¸½”õ ˆÅ¸ ‚œ¸¢£©¸¸½¢š¸÷¸ œÏ¸¨¸š¸¸›¸ ¢ˆÅ¡¸¸ í¾ ‚¸¾£ 31.03.2016 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ 2016-17 ¨¸«¸Ä The Bank had unamortised provision of Rs. 54.21 crores in respect ˆ½Å ™¸¾£¸›¸ œ¸¢£©¸¸½¢š¸÷¸ "£¸]¸¬¨¸ ¢£]¸¨¸Ä" ˆÅ¸½ ›¸¸Ÿ¸½ ¢ˆÅ¡¸¸ í¾— of frauds detected during the year 2015-16 and debited to “Revenue Reserve” as at year ended 31.03.2016 which the Bank amortised ¤¸ÿˆÅ ›¸½ ¨¸«¸Ä 2016-17 ˆ½Å ™¸¾£¸›¸ œ¸÷¸¸ ¥¸Š¸½ ²Å. 303.76 ˆÅ£¸½”õ ˆ½Å š¸¸½‰¸¸š¸”õú ˆ½Å ¢¥¸‡ during the year 2016-17 œ¸»µ¸Ä œÏ¸¨¸š¸¸›¸ ¢ˆÅ¡¸¸ í¾ ‚¸¾£ 2016-17 ˆ½Å ™¸¾£¸›¸ œ¸÷¸¸ ¥¸Š¸½ š¸¸½‰¸¸š¸”õú ˆ½Å ¢¥¸‡ ˆÅ¸½ƒÄ During the year 2016-17, the Bank has made full provision for the ‚›¸¸¾œ¸\¸¸¢£ˆÅ œÏ¸¨¸š¸¸›¸ ›¸íú¿ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾— frauds of Rs. 303.76 crores detected during the year and there is no un-amortise provision for frauds detected during 2016-17 12. ¤¸ÿˆÅ ˆ½Å ¢‰¸¥¸¸ûÅ ™¸¨¸¸Ê ˆÅ¸½ ¨¸«¸Ä ˆ½Å ‚¿÷¸ ÷¸ˆÅ †µ¸ ˆ½Å ³Åœ¸ Ÿ¸Ê ¬¨¸úˆÅ¸£ ›¸íú¿ 12 Claims against the bank not acknowledged as debts as on ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ Year End (³Åœ¸¡¸½ ˆÅ£¸½”õ Ÿ¸Ê) (Rs in Crores) ª½µ¸ú 2016-17 2015-16 Category 2016-17 2015-16 ¤¸ˆÅ¸¡¸¸ £¸¢©¸ 359.55 633.05 Balance Outstanding 359.55 633.05 Provision Held 1.33 0.47 œÏ¸¨¸š¸¸›¸ 1.33 0.47 13 Status of implementation of International Financial 13. ¤¸ÿˆÅ ×¸£¸ ‚¿÷¸£¸Ä«’ïú¡¸ ¢¨¸î¸ú¡¸ ¢£œ¸¸½¢’ôŠ¸ Ÿ¸¸›¸ˆÅ¸Ê (‚¸ƒÄ‡ûÅ‚¸£‡¬¸) ˆ½Å Reporting Standards (IFRS) converged with Indian ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ˆÅú ¦¬˜¸¢÷¸ ˆÅ¸½ ž¸¸£÷¸ú¡¸ ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ (ƒ¿”-‡‡¬¸) ˆ½Å ¬¸¸˜¸ Accounting Standards (Ind-AS) by Bank. ¬¸¦ŸŸ¸¢¥¸÷¸ ˆÅ£›¸¸ A. The Bank has formed following committees for effective ˆÅ. ¤¸ÿˆÅ ›¸½ ¤¸ÿˆÅ Ÿ¸Ê ƒ¿”-‡‡¬¸ ˆ½Å œÏž¸¸¨¸ú ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ˆ½Å ¢¥¸‡ ¢›¸Ÿ›¸¢¥¸¢‰¸÷¸ ¬¸¢Ÿ¸¢÷¸¡¸¸¿ ¤¸›¸¸ƒÄ íÿÀ implementation of Ind-AS in Bank: 1 Steering Committee– To oversee the progress of implementation 1. ¬¸¿\¸¸¥¸›¸ ¬¸¢Ÿ¸¢÷¸- ƒ¿”-‡‡¬¸ ˆ½Å ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ˆÅú œÏŠ¸¢÷¸ ˆÅú ¢›¸Š¸£¸›¸ú ˆÅ£›¸¸ of Ind-AS 2. ˆÅ¸½£ ¬¸¢Ÿ¸¢÷¸ - ¡¸í ¬¸º¢›¸¢ä¸÷¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¢ˆÅ ¢ÇÅ¡¸¸›¨¸¡¸›¸ ˆÅú œÏ¢ÇÅ¡¸¸ ˆÅ¸ ¬¸¿\¸¸¥¸›¸ 2 Core Committee – To ensure that the process of implementation ¬¸¢Ÿ¸¢÷¸ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¢ˆÅ¡¸¸ ]¸¸÷¸¸ í¾— is carried out as per directions of the Steering Committee. 3 Core Group –Engaged in the actual implementation activities. 3. Ÿ¸º‰¡¸ ¬¸Ÿ¸»í- ¨¸¸¬÷¸¢¨¸ˆÅ ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ Š¸¢÷¸¢¨¸¢š¸¡¸¸Ê Ÿ¸Ê ©¸¸¢Ÿ¸¥¸ B. M/s KPMG (financial consultancy firm) has been appointed as ‰¸. ¤¸ÿˆÅ Ÿ¸Ê ƒ¿”-‡‡¬¸ ˆ½Å ¬¸º\¸¸³Å ‚¸¾£ ¬¸Ÿ¸¡¸ œ¸£ ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ¬¸º¢›¸¢ä¸÷¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ Consultant to ensure smooth & timely implementation of Ind-AS Ÿ¸½¬¸¬¸Ä ˆ½Åœ¸ú‡Ÿ¸]¸ú (¢¨¸î¸ú¡¸ œ¸£¸Ÿ¸©¸Ä ûÅŸ¸Ä) ˆÅ¸½ ¬¸¥¸¸íˆÅ¸£ ˆ½Å ³Åœ¸ Ÿ¸Ê ¢›¸¡¸ºÆ÷¸ ¢ˆÅ¡¸¸ in the Bank. Š¸¡¸¸ í¾— C. During the period from June 2016 to March 2017, 23 meetings ]¸»›¸ 2016 ¬¸½ Ÿ¸¸\¸Ä 2017 ˆÅú ‚¨¸¢š¸ ˆ½Å ™¸¾£¸›¸, ƒ¿”-‡‡¬¸ ˆ½Å ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ Ÿ¸Ê Ÿ¸ºÓ¸Ê of members of Core Group & Core Committees have been held Š¸. to discuss issues & challenges in implementation of Ind-AS, also ‚¸¾£ \¸º›¸¸¾¢÷¸¡¸¸Ê œ¸£ \¸\¸¸Ä ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ‚¸¾£ ”½’¸ ‚¿÷¸£ ‚¸¾£ ‰¸¸¢Ÿ¸¡¸¸Ê ˆÅ¸½ ™»£ ˆÅ£›¸½ ˆ½Å to ascertain the data gaps and measures to be taken for bridging „œ¸¸¡¸¸Ê ˆÅ¸ œ¸÷¸¸ ¥¸Š¸¸›¸½ ˆ½Å ¢¥¸‡ Ÿ¸º‰¡¸ ¬¸Ÿ¸»í ‚¸¾£ Ÿ¸º‰¡¸ ¬¸¢Ÿ¸¢÷¸¡¸¸Ê ˆ½Å ¬¸™¬¡¸¸Ê ˆÅú 23 those gaps. ¤¸¾“ˆÊÅ ‚¸¡¸¸½¢]¸÷¸ ˆÅú Š¸ƒô— D. As per RBI directives proforma financial statements for the half ‹¸. ¢£{¸¨¸Ä ¤¸ÿˆÅ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸ œÏ¸³Åœ¸ ˆ½Å ‚›¸º¬¸¸£ ¢¬¸÷¸¿¤¸£ 2016 ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ŽŸ¸¸íú ˆ½Å year ended September 2016 has been prepared with the help of ¢¥¸‡ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆÅ¸½ ¬¸¥¸¸íˆÅ¸£ ˆÅú Ÿ¸™™ ¬¸½ ÷¸¾¡¸¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ‚¸¾£ ‚¸£¤¸ú‚¸ƒÄ consultant and submitted to RBI. ˆÅ¸½ œÏ¬÷¸º÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾—

91 Annual Report 2016-17

Œ. ‚¸£¤¸ú‚¸ƒÄ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£, ¤¸¸½”Ä ˆÅú ¥¸½‰¸¸œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ×¸£¸ Ÿ¸¸¢¬¸ˆÅ E. As per RBI guidelines, monthly progress status has been œÏŠ¸¢÷¸ ¦¬˜¸¢÷¸ ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ ‚¸¾£ œÏŠ¸¢÷¸ ˆÅú ¦¬˜¸¢÷¸ ¤¸¸½”Ä ˆ½Å ¬¸Ÿ¸®¸ appraised to the Audit committee of the Board and status of ¢÷¸Ÿ¸¸íú ‚¸š¸¸£ œ¸£ ˆÅú ]¸¸÷¸ú í¾— progress is reported to Board on quarterly basis. F. As directed by the Audit Committee of the Board, proforma \¸. ¤¸¸½”Ä ˆÅú ¥¸½‰¸¸œ¸£ú®¸¸ ¬¸¢Ÿ¸¢÷¸ ˆ½Å ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ¢ÇÅ¡¸¸›¨¸¡¸›¸ ˆÅú œÏ¢ÇÅ¡¸¸ ˆÅ¸½ financial statements for the nine months ended December 2016 ¤¸½í÷¸£ ¬¸Ÿ¸^¸›¸½ ‚¸¾£ ¢›¸‰¸¸£›¸½ ˆ½Å ¢¥¸‡ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸ œÏ¸½ûÅ¸Ÿ¸¸Ä ˆÅ¸½ ¢™¬¸¿¤¸£ 2016 ˆÅ¸½ has been prepared for better understanding and smoothening ¬¸Ÿ¸¸œ÷¸ ›¸¸¾ Ÿ¸íú›¸¸Ê ˆ½Å ¢¥¸‡ ÷¸¾¡¸¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾— the process of implementation. Ž. ¢¨¸î¸ú¡¸ ¬¸¥¸¸íˆÅ¸£ ×¸£¸ ›¸ú¢÷¸¡¸¸Ê, œÏ¢ÇÅ¡¸¸‚¸Ê ‚¸¾£ œÏµ¸¸¢¥¸¡¸¸Ê Ÿ¸Ê ˆÅŸ¸ú ¬¸¢í÷¸ ›¸¾™¸¢›¸ˆÅ G. The diagnostic study report covering gaps in policies, procedures ‚š¡¸¡¸›¸ ¢£œ¸¸½’Ä ‚¸¾£ œÏŸ¸º‰¸ ®¸½°¸¸Ê œ¸£ œ¸”õ›¸½¨¸¸¥¸½ œÏž¸¸¨¸ ˆÅ¸½ ÷¸¾¡¸¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾— and systems and impacts on key areas has been prepared by œÏž¸¸¨¸ú ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ˆ½Å ¢¥¸‡ ‚¸¨¸©¡¸ˆÅ œ¸¢£¨¸÷¸Ä›¸ ˆÅú ©¸º³Å¨¸¸÷¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¢£œ¸¸½’Ä financial consultant. Evaluation of the reports is under progress ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ]¸¸£ú í¾— to initiate necessary changes for effective implementation. 14. \¸¸¥¸» ¨¸«¸Ä ˆ½Å ‚¸¿ˆÅ”õ¸Ê ¬¸½ ÷¸º¥¸›¸ú¡¸ ¤¸›¸¸›¸½ í½÷¸º ]¸í¸¿ ‚¸¨¸©¡¸ˆÅ ¬¸Ÿ¸^¸¸ Š¸¡¸¸ ¨¸í¸¿ ¢œ¸Ž¥¸½ 14. Previous year’s figures have been regrouped / reclassified ¨¸«¸Ä ˆ½Å ‚¸¿ˆÅ”õ¸Ê ˆÅ¸½ ¬¸Ÿ¸»í¤¸š™/œ¸º›¸À¨¸Š¸úÄˆ¼Å÷¸ ¢ˆÅ¡¸¸ Š¸¡¸¸. wherever considered necessary to make them comparable with current year’s figures.

92 Jeeef

31 cee®e& 2017 keÀes meceehle Je

heefj®eeueve J³e³e Operating Expenses 2855,69,51 2552,80,93 he´eJeOeeve SJeb DeekeÀeqmcekeÀleeSb Provisions & Contingencies 3199,57,60 14942,54,23 2244,49,20 13971,59,06 J³e³e kesÀ …hej Dee³e DeefOekeÀ nesves kesÀ keÀejCe vekeÀoer ceW efveJeue Je=ef× Net Increase in Cash due to Increase of Income over Expenses -1372,50,80 100,68,48 peesæ[s:iewj vekeÀoer ceoW SJeb Deueie efJe®eeefjle ceoW Add : Non Cash Items & Items Considered Separately he´eJeOeeve SJeb DeekeÀeqmcekeÀleeSb Provisions & Contingencies 3199,57,60 2244,49,20 De®eue mebheefÊe³eeW nsleg cetu³eÝeme Depreciation on Fixed Assets 117,61,78 149,19,72 De®eue mebheefÊe kesÀ efJe¬eÀ³e hej ueeYe/neefve Profit/Loss on sale of Fixed Assets 13,55 18,07 Dee³ekeÀj ceebie hej y³eepe - - Interest on Income Tax demand jepemJe Deejef#eefle efveefOe ceW Je=ef× Addition to reserve reserve 54,21,28 -

yeeb[, heermeerheerSme Je DeeF&heer[erDeeF&hej y³eepe Interest on Bonds, PCPS and IPDI 502,49,08 3874,03,29 478,33,70 2872,20,69 2501,52,49 2972,89,17 IeìeSb: he´oÊe he´l³e#e keÀj (efveJeue) Less: Direct Taxes Paid (Net) 508,10,00 439,00,00

heefj®eeueve mes Dee|pele vekeÀo ueeYe (I) Cash Profit Generated From Operations 1993,42,49 2533,89,17 heefj®eeueveiele os³eleeDeeW keÀer Je=ef×/(keÀceer) : Increase / (Decrease) of Operating Liabilities: peceejeefMe³eeb Deposits 63,02,01 16870,87,53 yeeb[ GOeeefj³eeW kesÀ DeueeJee Dev³e GOeeefj³eeb Borrowings excluding Bond borrowings -1216,45,08 -1898,62,16 Dev³e os³eleeSb Je he´eJeOeeve Other Liabilities & Provision -2696,86,83 -2950,48,41 heefj®eeueveiele os³eleeDeeW ceW kegÀue Je=ef× Total of Increase of Operating Liabilities -3850,29,90 12021,76,96 IeìeSb:heefj®eeueve Deeeqmle³eeW keÀer Je=ef×/(keÀceer) Less: Increase / (Decrease) of Operating Assets efveJesMe Investments 2359,31,24 3465,86,64 Deefie´ce Advances -12047,44,07 8963,57,08 Dev³e Deeeqmle³eeb Other Assets 333,14,91 -759,18,23 kegÀue heefj®eeueve Deeeqmle³eeW keÀer kegÀue Je=ef× Total of Increase of Operating Assets -9354,97,92 11670,25,49

heefj®eeueveiele Deeeqmle³eeW hej heefj®eeueveiele os³eleeDeeW ceW efveJeue Je=ef× (II) Net Increase Of Operating Liabilities Over Operating Assets 5504,68,02 351,51,47 heefj®eeueve ieefleefJeefOe³eeW mes vekeÀoer he´Jeen ( (A) = I+II) Cash Flow From Operating Activities keÀ 7498,10,51 2885,40,64 ‰¸ efveJesMe ieefleefJeefOe³eeW mes vekeÀoer he´Jeen B. Cash Flow From Investing Activities De®eue mebheefÊe³eeW keÀe efJe¬eÀ³e Sale of Fixed Assets 4,00,80 6,07,42 De®eue mebheefÊe³eeW keÀe ¬eÀ³e Purchase of Fixed Assets -102,75,03 -138,04,84 men³eesieer he´efleÿeve ceW efveJesMe Investment made in Associates - -

efveJesMe ieefleefJeefOe³eeW mes efveJeue vekeÀoer he´Jeen (Ke) -98,74,23 -131,97,42 Net Cash Flow From Investing Activities (B)

93 Annual Report 2016-17

ie efJeÊehees

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+ + Je

(` npeej ceW) (` in Thousand) 31.03.2017 31.03.2016 keÀes meceehle Je

‡. ¬¸ú. £¸„÷¸ ‚¸£. ˆ½Å. Š¸ºœ÷¸¸ ‚¸£. œ¸ú. Ÿ¸£¸“½ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ A.C. ROUT R. K. GUPTA R.P. MARATHE EXECUTIVE DIRECTOR EXECUTIVE DIRECTOR MANAGING DIRECTOR & CEO œÏ™úœ¸ ¢Ÿ¸ª¸ ¬¸¿]¸¡¸ ³ÅÍ ‚¸£. ‡\¸. ûÅ”µ¸ú¬¸ ¬¸í¸¡¸ˆÅ Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¢¨¸. œÏ. ¨¸ ¥¸½‰¸¸ „œ¸ Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¢¨¸. œÏ. ¨¸ ¥¸½‰¸¸ Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¢¨¸.œÏ. ¨¸ ¥¸½‰¸¸ PRADEEP MISHRA SANJAY RUDRA R. H. PHADNIS Asst.Gen. Manager, FM&A Dy. Gen. Manager, FM&A Gen. Manager, FM&A

ke=Àles heejKe Sb[ kebÀheveer ˆ¼Å÷¸½ ‡.‚¸£. ¬¸º¥¸¸‰¸½ ‡¿” ˆ¿Åœ¸›¸ú ˆ¼Å÷¸½ ˆÅ¸½“¸£ú ‡¿” ˆ¿Åœ¸›¸ú ˆ¼Å÷¸½ ¬¸ú‡Ÿ¸‚¸£‡¬¸ ‡¿” SHeÀDeejSve: 001475meer SHeÀDeejSve: 110540 ”¤¥¡¸» ‡ûÅ‚¸£‡›¸ - 301178 ƒÄ meveoer uesKeekeÀej ‡¬¸¸½¢¬¸‡’Ã¬¸, ‡¥¸‡¥¸œ¸ú meveoer uesKeekeÀej ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ ‡ûÅ‚¸£‡›¸: 101678 ”¤¥¡¸»/”¤¥¡¸» 100068 for Parakh & Co. for A.R. Sulakhe & Co. FRN: 001475C for KOTHARI & Co ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ FRN: 110540W FRN - 301178E Chartered Accountants Chartered Accountants for CMRS & Associates,LLP Chartered Accountants FRN: 101678 W/ W100068 Chartered Accountants ¬¸ú‡ ƒ¿Í œ¸¸¥¸ ¢¬¸¿í ¬¸ú‡ ‚¸›¸¿™ ¬¸º¥¸¸‰¸½ ¬¸ú‡ Ÿ¸›¸¬¨¸ú ˆÅ¸½“¸£ú ¬¸ú‡ Ÿ¸í½æ¸£ ‡Ÿ¸. Ÿ¸£¸“½ ž¸¸Š¸ú™¸£ ž¸¸Š¸ú™¸£ ž¸¸Š¸ú™¸£ ž¸¸Š¸ú™¸£ ¬¸™¬¡¸÷¸¸ ÇÅ.: 410433 ¬¸™¬¡¸÷¸¸ ÇÅ.: 33451 ¬¸™¬¡¸÷¸¸ ÇÅ.: 64601 ¬¸™¬¡¸÷¸¸ ÇÅ.: 212175 CA Indra Pal Singh CA Anand Sulakhe CA Manaswy Kothari CA Maheshwar M Marathe Parther Parther Parther Parther Membership No. 410433 Membership No. 33451 Membership No. 64601 Membership No. 212175 mLeeve : HegCes Place : Pune efoveebkeÀ : 4 ceF&, 2017 Date : 4th May, 2017 94 Jeeef

INDEPENDENT AUDITOR’S REPORT ¬¨¸÷¸¿°¸ ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ˆÅú ¢£œ¸¸½’Ä To, œÏ¢÷¸ Members of Bank of Maharashtra ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ˆ½Å ¬¸™¬¡¸ 1. Report on Financial Statements: 1. ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê œ¸£ ¢£œ¸¸½’Ä We have audited the accompanying Financial Statements of st ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï ˆ½Å ¢™›¸¸¿ˆÅ 31 Ÿ¸¸\¸Ä, 2017 ˆ½Å ¬¸¿¥¸Š›¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸, ¢]¸¬¸Ÿ¸Ê Bank of Maharashtra as at 31 March 2017 which comprise the Balance Sheet as at 31st March 2017 Profit and Loss Account 31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸ ÷¸º¥¸›¸ œ¸°¸, ¥¸¸ž¸ ‚¸¾£ í¸¢›¸ ‰¸¸÷¸¸ ÷¸˜¸¸ „¬¸ú ¢™›¸¸¿ˆÅ ˆÅ¸½ and the Cash Flow Statement for the year ended and a sum- ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ˆ½Å ¢¥¸‡ ›¸ˆÅ™ú œÏ¨¸¸í ¢¨¸¨¸£µ¸ ‚¸¾£ Ÿ¸í÷¨¸œ¸»µ¸Ä ¥¸½‰¸¸ ›¸ú¢÷¸¡¸¸Ê ˆ½Å ¬¸¸£¸¿©¸ mary of significant accounting policies and Notes on Accounts. ‚¸¾£ ‰¸¸÷¸¸Ê œ¸£ ¢’œœ¸¢µ¸¡¸¸¿ ©¸¸¢Ÿ¸¥¸ íÿ, ˆÅú íŸ¸›¸½ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅú í¾. ƒ›¸ ¢¨¸î¸ú¡¸ Incorporated in these financial statements the return of 20 ¢¨¸¨¸£µ¸¸Ê Ÿ¸Ê íŸ¸¸£½ ×¸£¸ ‰¸]¸¸›¸¸ ¨¸ ‚¿÷¸£¸Ä«’ïú¡¸ ¤¸ÿ¢ˆ¿ÅŠ¸ œÏž¸¸Š¸ ‚¸¾£ 20 ©¸¸‰¸¸‚¸Ê ˆÅú branches, and also Treasury & International Banking Division, audited by us and 962 branches audited by branch auditors & ¢¨¸¨¸£¢µ¸¡¸¸¿ ÷¸˜¸¸ ©¸¸‰¸¸ ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ×¸£¸ ¥¸½‰¸¸ œ¸£ú¢®¸÷¸ 962 ©¸¸‰¸¸‚¸Ê ‚¸¾£ 19 branches by concurrent auditors. ¬¸¿Š¸¸Ÿ¸ú ¥¸½‰¸¸œ¸£ú®¸ˆÅ¸Ê ×¸£¸ ¥¸½‰¸¸ œ¸¢£¢®¸÷¸ 19 ©¸¸‰¸¸‚¸Ê ˆÅú ¢¨¸¨¸£¢µ¸¡¸¸¿ ©¸¸¢Ÿ¸¥¸ íÿ. The branches audited by us and those audited by other auditors íŸ¸¸£½ ×¸£¸ ¥¸½‰¸¸ œ¸£ú¢®¸÷¸ ¨¸ ‚›¡¸ ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ×¸£¸ ¥¸½‰¸¸ œ¸£ú¢®¸÷¸ ©¸¸‰¸¸‚¸Ê have been selected by the Bank in accordance with the guide- ˆÅ¸ \¸¡¸›¸ ¤¸ÿˆÅ ›¸½ ž¸¸£÷¸ú¡¸ ¢£]¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ¤¸ÿˆÅ ˆÅ¸½ ]¸¸£ú ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆ½Å ‚›¸º¬¸¸£ lines issued to the Bank by the Reserve Bank of India. Also incorporated in the Balance Sheet and Profit & Loss account and ¢ˆÅ¡¸¸ í¾. ¬¸¸˜¸ íú ÷¸º¥¸›¸ œ¸°¸ ‚¸¾£ ¥¸¸ž¸ ¨¸ í¸¢›¸ ‰¸¸÷¸¸ ¢¨¸¨¸£µ¸ Ÿ¸Ê 938 ©¸¸‰¸¸‡¿ ]¸¸½ the return from 938 branches which have not been subjected to ¥¸½‰¸¸ œ¸£ú®¸¸ ˆ½Å ‚š¸ú›¸ ›¸íú íÿ ˆÅú ¢¨¸¨¸£¢µ¸¡¸¸¿ ž¸ú ©¸¸¢Ÿ¸¥¸ íÿ. ƒ›¸ ‚¥¸½‰¸¸œ¸£ú¢®¸÷¸ audit. These unaudited branches account for 6.03% per cent of ©¸¸‰¸¸‚¸Ê ˆÅ¸ ‚¢ŠÏŸ¸¸Ê Ÿ¸Ê 6.03%, ]¸Ÿ¸¸£¸¢©¸¡¸¸Ê Ÿ¸Ê 23.83%, ¤¡¸¸]¸ ‚¸¡¸ Ÿ¸Ê the advances, 23.83 % per cent of deposits, 8.51% per cent of 8.51% ‚¸¾£ ¤¡¸¸]¸ ‰¸\¸Ä Ÿ¸Ê 22.12% ¢í¬¬¸¸ í¾. interest income and 22.12 % per cent of interest expenses. 2. ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆ½Å ¢¥¸‡ œÏ¤¸¿š¸›¸ ˆÅú ¢]¸ŸŸ¸½™¸£ú 2. Management’s responsibility for the Financial Statements: ƒ›¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆÅ¸½ ¬¸Ÿ¸¡¸-¬¸Ÿ¸¡¸ œ¸£ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ ×¸£¸ ]¸¸£ú Management is responsible for the preparation of these Finan- cial Statements in accordance with the Banking Regulation Act ¢™©¸¸¢›¸™½Ä©¸¸Ê ˆÅ¸ ‚›¸ºœ¸¸¥¸›¸ ˆÅ£÷¸½ íº‡ ¤¸ÿ¢ˆ¿ÅŠ¸ ¢¨¸¢›¸¡¸Ÿ¸›¸ ‚¢š¸¢›¸¡¸Ÿ¸, 1949 ˆ½Å 1949, complying with Reserve Bank of India Guidelines issued ‚›¸º¬¸£µ¸ Ÿ¸Ê ÷¸¾¡¸¸£ ˆÅ£›¸¸ œÏ¤¸¿š¸›¸ ˆÅú ¢]¸ŸŸ¸½™¸£ú í¾. ƒ›¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆÅ¸½ ÷¸¾¡¸¸£ from time to time. This responsibility includes the design imple- ˆÅ£›¸½ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ƒ¬¸ ¢]¸ŸŸ¸½™¸£ú Ÿ¸Ê ‚¸¿÷¸¢£ˆÅ ¢›¸¡¸¿°¸µ¸ ˆÅ¸½ ÷¸¾¡¸¸£ ˆÅ£›¸¸, „¬¸ˆÅ¸ mentation and maintenance of internal control relevant to the ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ‚¸¾£ £‰¸£‰¸¸¨¸ ©¸¸¢Ÿ¸¥¸ í¾, ]¸¸½ ¢ˆÅ ]¸¸¥¸¬¸¸]¸ú ¡¸¸ ¢ˆÅ¬¸ú ž¸ú ‚›¡¸ preparation of the financial statements that are free from material misstatement, whether due to fraud or error. Š¸¥¸÷¸ú ˆ½Å ˆÅ¸£µ¸ ¬¸½ ¢ˆÅ‡ Š¸‡ ž¸¸¾¢÷¸ˆÅ Š¸¥¸÷¸ ˆÅ˜¸›¸ ¬¸½ Ÿ¸ºÆ÷¸ íÿ. 3. Auditors’ Responsibility: 3. ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ˆÅú ¢]¸ŸŸ¸½™¸£ú Our responsibility is to express an opinion on these financial íŸ¸¸£ú ¢]¸ŸŸ¸½™¸£ú íŸ¸¸£½ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆ½Å ‚¸š¸¸£ œ¸£ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê œ¸£ ‚¢ž¸Ÿ¸÷¸ statements based on our audit. We conducted our audit in ac- ¨¡¸Æ÷¸ ˆÅ£›¸¸ í¾. íŸ¸›¸½ ž¸¸£÷¸ú¡¸ ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ ¬¸¿¬˜¸¸›¸ ×¸£¸ ]¸¸£ú ¥¸½‰¸¸ œ¸£ú®¸¸ cordance with the Standards on Auditing issued by the Institute Ÿ¸¸›¸ˆÅ¸Ê ˆ½Å ‚›¸º¬¸£µ¸ Ÿ¸Ê ¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅú í¾. ƒ›¸ ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ¸Ê ˆ½Å ‚›¸º¬¸¸£ íŸ¸Ê ›¸¾¢÷¸ˆÅ of Chartered Accountants of India. Those Standards require that we comply with ethical requirement and plan and perform ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ˆÅ¸ œ¸¸¥¸›¸ ˆÅ£›¸¸ í¸½÷¸¸ í¾ ‚¸¾£ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅú ¡¸¸½]¸›¸¸ ÷¸¾¡¸¸£ ˆÅ£ the audit to obtain reasonable assurance about whether the fi- ¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅ£›¸ú í¸½÷¸ú í¾ ÷¸¸¢ˆÅ ¡¸í œ¸÷¸¸ ¥¸Š¸¸¡¸¸ ]¸¸ ¬¸ˆ½Å ¢ˆÅ Æ¡¸¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸ nancial statements are free from material misstatement. ¢ˆÅ¬¸ú ž¸¸¾¢÷¸ˆÅ Š¸¥¸÷¸ ˆÅ˜¸›¸ ¬¸½ Ÿ¸ºÆ÷¸ íÿ. 4. An audit involves performing procedure to obtain audit evidence 4. ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê Ÿ¸Ê œÏˆÅ’›¸ ‚¸¾£ £ˆÅŸ¸ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¸®¡¸ œÏ¸œ÷¸ ˆÅ£›¸½ about the amount and disclosures in the financial statements. The procedure selected depends on the auditors’ judgment, in- ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ˆÅ¸¡¸Ä¢¨¸¢š¸ ¢›¸«œ¸¸¢™÷¸ ˆÅ£›¸¸ ¥¸½‰¸¸ œ¸£ú®¸¸ Ÿ¸Ê ©¸¸¢Ÿ¸¥¸ í¸½÷¸¸ í¾. ]¸¸¥¸¬¸¸]¸ú cluding the assessment of the risk of material misstatement of ¡¸¸ Š¸¥¸÷¸ú ˆ½Å ˆÅ¸£µ¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê Ÿ¸Ê ž¸¸¾¢÷¸ˆÅ Š¸¥¸÷¸ ˆÅ˜¸›¸ ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ˆÅ£›¸½ the financial statement, whether due to fraud or error. In making ¬¸¢í÷¸ ¥¸½‰¸¸ œ¸£ú®¸ˆÅ ˆ½Å ¢›¸µ¸Ä¡¸ ˆ½Å ‚¸š¸¸£ œ¸£ \¸º›¸ú Š¸ƒÄ ˆÅ¸¡¸Ä¢¨¸¢š¸ ‚¸š¸¸¢£÷¸ í¸½÷¸ú í¾. those risk assessments, the auditor considers internal control ¡¸½ ]¸¸½¢‰¸Ÿ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ƒˆÅ¸ƒÄ ˆÅú ÷¸¾¡¸¸£ú ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ‚¸¿÷¸¢£ˆÅ ¢›¸¡¸¿°¸µ¸¸Ê relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedure that are ‚¸¾£ œ¸¢£¦¬˜¸¢÷¸ ¢¨¸©¸½«¸ Ÿ¸Ê „¢\¸÷¸ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅ¸¡¸Ä¢¨¸¢š¸ ÷¸¾¡¸¸£ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ appropriate in the circumstances but not for the purpose of ex- ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆÅú „¢\¸÷¸ œÏ¬÷¸º¢÷¸ í½÷¸º ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ›¸½ ¢¨¸\¸¸£ ¢ˆÅ¡¸¸ í¾ ¢ˆ¿Å÷¸º ƒ¬¸ ercising an opinion on the effectiveness of the entity’s internal „Ó½©¡¸ ˆ½Å ¢¥¸‡ ›¸íú¿ ¢ˆÅ ¬¸¿¬˜¸¸ ˆ½Å ‚¸¿÷¸¢£ˆÅ ¢›¸¡¸¿°¸µ¸ ˆÅú œÏž¸¸¨¸©¸ú¥¸÷¸¸ œ¸£ ‚œ¸›¸ú control. An audit also includes evaluating the appropriateness £¸¡¸ ™Ê. „œ¸¡¸¸½Š¸ Ÿ¸Ê ¥¸¸ƒÄ Š¸ƒÄ ›¸ú¢÷¸ ˆÅú „œ¸¡¸ºÆ÷¸÷¸¸ ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ˆÅ£›¸¸ ‚¸¾£ œÏ¤¸¿š¸›¸ of accounting policies used and the reasonableness of the accounting estimates made by management as well as evaluating ×¸£¸ ¥¸Š¸¸‡ Š¸‡ ¥¸½‰¸¸ ‚›¸ºŸ¸¸›¸¸Ê ˆÅ¸ ‚¸¾¢\¸÷¡¸ ÷¸˜¸¸ „¬¸ú œÏˆÅ¸£ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆÅú the overall presentation of the financial statements. ¬¸Ÿ¸ŠÏ ÷¸¾¡¸¸£ú ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ˆÅ£›¸¸ ž¸ú ¥¸½‰¸¸ œ¸£ú®¸¸ Ÿ¸Ê ©¸¸¢Ÿ¸¥¸ í¸½÷¸¸ í¾. 5. We believe that the audit evidence we have obtained is suf- 5. íŸ¸ ¢¨¸æ¸¸¬¸ ˆÅ£÷¸½ íÿ ¢ˆÅ œÏ¸œ÷¸ ¬¸¸®¡¸ íŸ¸¸£½ ¥¸½‰¸¸ œ¸£ú®¸¸ ‚¢ž¸Ÿ¸÷¸ ˆ½Å ¢¥¸‡ „¢\¸÷¸ ficient and appropriate to provide a basis for our Audit opinion. ‚¸š¸¸£ œÏ™¸›¸ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ œ¸¡¸¸Äœ÷¸ ‚¸¾£ „¢\¸÷¸ íÿ. 6. Opinion: 6. ‚¢ž¸Ÿ¸÷¸ : In our opinion, as shown by books of bank, and to the best of íŸ¸¸£ú £¸¡¸ Ÿ¸Ê, ¤¸ÿˆÅ ˆÅú ‰¸¸÷¸¸-¤¸¢í¡¸¸Ê Ÿ¸Ê ™©¸¸Ä‡ Š¸¡¸½ ‚›¸º¬¸¸£ ÷¸˜¸¸ íŸ¸¸£ú ª½«“ our information and according to the explanation given to us, we hereby report that: ]¸¸›¸ˆÅ¸£ú ˆ½Å ‚›¸º¬¸¸£ ‚¸¾£ ÷¸˜¸¸ íŸ¸Ê ¢™‡ Š¸‡ ¬œ¸«’úˆÅ£µ¸ ˆ½Å ‚›¸º¬¸¸£, íŸ¸ a. The Balance Sheet read with the notes thereon is a full ‡÷¸™×¸£¸ ¢£œ¸¸½’Ä ˆÅ£÷¸½ íÿ ¢ˆÅ : and fair Balance Sheet containing all the necessary par- ˆÅ. ¬¸Ÿ¸½¢ˆÅ÷¸ ÷¸º¥¸›¸ œ¸°¸, „¬¸Ÿ¸Ê ™ú Š¸ƒÄ ¢’œœ¸¢µ¸¡¸¸Ê ¬¸¢í÷¸ œ¸¢“÷¸ œ¸¢£œ¸»µ¸Ä ‚¸¾£ ticulars is properly drawn up so as to exhibit a true and ¬¸Ÿ¸º¢\¸÷¸ ÷¸º¥¸›¸ œ¸°¸ í¾ ¢]¸¬¸Ÿ¸Ê ¬¸ž¸ú ‚¸¨¸©¡¸ˆÅ ¤¡¸¸¾£¸Ê ˆÅ¸ ¬¸Ÿ¸¸¨¸½©¸ í¾ ‚¸¾£ fair view of the state of the affairs of the Bank as at 31st ¨¸í ž¸¸£÷¸ Ÿ¸Ê ¬¸¸Ÿ¸¸›¡¸ ³Åœ¸ ¬¸½ ¬¨¸úˆÅ¸¡¸Ä ¥¸½‰¸¸ ¢¬¸Ö¸¿÷¸¸Ê ˆ½Å ‚›¸º¬¸¸£ ƒ¬¸ [¿Š¸ March 2017 in conformity with accounting principles generally accepted in India. ¬¸½ ¤¸›¸¸¡¸¸ Š¸¡¸¸ í¾ ¢ˆÅ „¬¸¬¸½ ¤¸ÿˆÅ ˆ½Å 31 Ÿ¸¸\¸Ä, 2017 ˆ½Å ¨¡¸¨¸í¸£¸Ê ˆÅ¸ ¬¸íú b. Profit and loss Account, read with the notes thereon ‚¸¾£ „¢\¸÷¸ ¢\¸°¸ ¬¸¸Ÿ¸›¸½ ‚¸ ¬¸ˆ½Å. shows a true balance of loss, in conformity with account- ‰¸. ¬¸Ÿ¸½¢ˆÅ÷¸ í¸¢›¸ ¥¸½‰¸¸ ‚¸¾£ „¬¸ œ¸£ ˆÅú Š¸¡¸ú ¢’œœ¸¢µ¸¡¸¸Ê ˆ½Å ¬¸¸˜¸ œ¸¢“÷¸,

95 Annual Report 2016-17

‰¸¸÷¸½ ×¸£¸ ˆÅ¨¸£ ¢ˆÅ‡ Š¸‡ ¨¸«¸Ä ˆ½Å ¢¥¸‡ ž¸¸£÷¸ Ÿ¸Ê ¬¸¸Ÿ¸¸›¡¸ ³Åœ¸ ¬¸½ ¬¨¸úˆÅ¸¡¸Ä ing principles generally accepted in India, for the year ¥¸½‰¸¸¿ˆÅ›¸ ˆ½Å ¢¬¸Ö¸¿÷¸¸Ê ˆ½Å ‚›¸º³Åœ¸ ¥¸¸ž¸/ í¸¢›¸ ˆÅ¸ ¬¸íú ÷¸º¥¸›¸ ™©¸¸Ä÷¸ú íÿ; covered by the account; and ‚¸¾£ c. The Cash Flow Statement gives a true and fair view of the cash flows for the year ended on that date. Š¸. ¬¸Ÿ¸½¢ˆÅ÷¸ ›¸ˆÅ™ú œÏ¨¸¸í ¢¨¸¨¸£µ¸ „¬¸ ¢™›¸¸¿ˆÅ ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä Ÿ¸Ê íº‡ ›¸ˆÅ™ú 7. Emphasis of Matter: œÏ¨¸¸í ˆÅ¸ ¬¸íú ¨¸ „¢\¸÷¸ ¢\¸°¸ œÏ¬÷¸º÷¸ ˆÅ£÷¸¸ í¾. (a) Note number 4.13.1 in schedule 18 in respect of clas- 7. Ÿ¸¸Ÿ¸¥¸½ ˆÅ¸ ]¸¸½£À sification of restructured advances under CDR/non CDR (ˆÅ) ¬¸ú”ú‚¸£/ Š¸¾£ ¬¸ú”ú‚¸£ ÷¸¿°¸ ˆ½Å ÷¸í÷¸ œ¸º›¸Š¸Ä“›¸ ‚¢ŠÏŸ¸¸Ê ˆ½Å ¨¸Š¸úÄˆÅ£µ¸ ¬¸½ mechanism. ¬¸¿¤¸¿¢š¸÷¸ ‚›¸º¬¸»\¸ú 18 ˆÅ¸ ›¸¸½’ ÇÅŸ¸¸¿ˆÅ 4.13.1 (b) Note number 10.10 in Schedule 18 of Notes to Accounts to the Financial Statements regarding recognition of De- (‰¸) ³Å. 761.25 ˆÅ£¸½”õ ‰¸£¸¤¸ ‚¸¾£ ¬¸¿¢™Šš¸ †µ¸ (‡›¸‡œ¸ú‡) ˆ½Å œÏ¸¨¸š¸¸›¸¸Ê ferred Tax Assets on account of provisions for Bad and ˆ½Å ˆÅ¸£µ¸ ¬˜¸¢Š¸÷¸ ˆÅ£ ‚¸¦¬÷¸ ˆÅú Ÿ¸¸›¡¸÷¸¸ ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê í½÷¸º Doubtful Debts (NPA) amounting to Rs. 761.25 crores. ‰¸¸÷¸¸Ê œ¸£ ›¸¸½’ ˆÅú ‚›¸º¬¸»\¸ú 18 ˆÅ¸ ›¸¸½’ ÇÅŸ¸¸¿ˆÅ 10.10 8. Report on Other Legal and Regulatory Requirements: 8. ‚›¡¸ ¢¨¸¢š¸ˆÅ ‚¸¾£ ¢¨¸¢›¸¡¸¸Ÿ¸ˆÅ ‚œ¸½®¸¸‚¸Ê œ¸£ ¢£œ¸¸½’Ä The Balance Sheet and the Profit and Loss Account have been ¬¸Ÿ¸½¢ˆÅ÷¸ ÷¸º¥¸›¸ œ¸°¸ ‚¸¾£ ¥¸¸ž¸ ¨¸ í¸¢›¸ ‰¸¸÷¸¸ ¤¸ÿ¢ˆ¿ÅŠ¸ ¢¨¸¢›¸¡¸Ÿ¸›¸ ‚¢š¸¢›¸¡¸Ÿ¸ 1949 drawn up in forms “A” and “B” respectively of the third Schedule to the Banking Regulation Act 1949. ˆ½Å ÷¸ú¬¸£½ ‰¸¿” ˆ½Å ÇÅŸ¸©¸À ûÅ¸ÁŸ¸Ä “‡” ÷¸˜¸¸ “¤¸ú” ˆ½Å ‚›¸º¬¸¸£ ÷¸¾¡¸¸£ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾ . 9. Subject to the limitation of the audit indicated in paragraph 1 to 9. „œ¸¡¸ºÄÆ÷¸ œ¸¢£\Ž½™ 1 ¬¸½ 5 Ÿ¸Ê ƒ¿¢Š¸÷¸ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅú ¬¸úŸ¸¸‚¸Ê ˆ½Å ‚š¡¸š¸ú›¸ ÷¸˜¸¸ 5 above and as required by Banking Companies (Acquisition ¤¸ÿ¢ˆ¿ÅŠ¸ ˆ¿Åœ¸¢›¸¡¸¸¿ („œ¸ÇÅŸ¸¸Ê ˆÅ¸ ‚¢š¸ŠÏíµ¸ ¨¸ ‚¿÷¸£µ¸) ‚¢š¸¢›¸¡¸Ÿ¸, 1970/1980 and Transfer of Undertaking) Act 1970/1980, and also subject ×¸£¸ ‚œ¸½¢®¸÷¸ ÷¸˜¸¸ ¬¸¸˜¸ íú, „¬¸Ÿ¸Ê ‚œ¸½¢®¸÷¸ œÏˆÅ’úˆÅ£µ¸ ˆÅú ¬¸úŸ¸¸‚¸Ê ˆ½Å ‚š¸ú›¸ íŸ¸ to the limitations of disclosure required therein we report that: ¢£œ¸¸½’Ä ˆÅ£÷¸½ íÿ ¢ˆÅ a. We have obtained all the information and explanations which to the best of our knowledge and belief were nec- ˆÅ) íŸ¸¸£ú ]¸¸›¸ˆÅ¸£ú ‚¸¾£ ¢¨¸æ¸¸¬¸ ˆ½Å ‚›¸º¬¸¸£ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆ½Å œÏ¡¸¸½]¸›¸ ˆ½Å ¢¥¸¡¸½ essary for the purpose of the audit and have found them ]¸¸½ ¬œ¸«’úˆÅ£µ¸ ¨¸ ¬¸»\¸›¸¸‡¿ ‚¸¨¸©¡¸ˆÅ ˜¸ú¿, ¨¸í íŸ¸›¸½ œÏ¸œ÷¸ ˆÅú¿ ‚¸¾£ „›íÊ to be satisfactory. ¬¸¿÷¸¸½«¸]¸›¸ˆÅ œ¸¸¡¸¸. b. The transactions of the bank which have come to our ‰¸) ¤¸ÿˆÅ ˆ½Å ¬¸¿¨¡¸¨¸í¸£ ]¸¸½ íŸ¸¸£½ š¡¸¸›¸ Ÿ¸Ê ‚¸‡ íÿ, ¨¸í ¤¸ÿˆÅ ˆ½Å ‚¢š¸ˆÅ¸£¸Ê ˆ½Å notice have been within the powers of the Bank. ž¸ú÷¸£ íÿ. c. The returns received from the offices and branches of the Bank have been found adequate for the purpose of our Š¸) ¤¸ÿˆÅ ˆ½Å ˆÅ¸¡¸¸Ä¥¸¡¸¸Ê ¨¸ ©¸¸‰¸¸‚¸Ê ¬¸½ œÏ¸œ÷¸ ¢¨¸¨¸£¢µ¸¡¸¸¿ íŸ¸¸£½ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆ½Å audit. œÏ¡¸¸½]¸›¸ í½÷¸º œ¸¡¸¸Äœ÷¸ œ¸¸¡¸ú Š¸ƒô. 10. We further report that; 10. íŸ¸ ¡¸í ž¸ú ¢£œ¸¸½’Ä ˆÅ£÷¸½ íÿ ¢ˆÅ a. The Balance Sheet and Profit and Loss account dealt 1) ƒ¬¸ ¢£œ¸¸½’Ä ×¸£¸ ¬¸¿\¸¢¥¸÷¸ ÷¸º¥¸›¸œ¸°¸ ‚¸¾£ ¥¸¸ž¸ í¸¢›¸ ‰¸¸÷¸¸, ¢¨¸¨¸£¢µ¸¡¸¸Ê with by this report are in agreement with the books of ‚¸¾£ ¥¸½‰¸¸ ¤¸¢í¡¸¸Ê ˆ½Å ‚›¸º¬¸£µ¸ Ÿ¸Ê í¾. account and returns; 2) ¤¸ÿ¢ˆ¿ÅŠ¸ ¢¨¸¢›¸¡¸Ÿ¸›¸ ‚¢š¸¢›¸¡¸Ÿ¸, 1949 ˆÅú š¸¸£¸ 29 ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¤¸ÿˆÅ ˆ½Å b. The reports on the accounts of the branch offices audited by branch auditors of the Bank under section 29 of the ©¸¸‰¸¸ ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ×¸£¸ ¥¸½‰¸¸ œ¸£ú¢®¸÷¸ ©¸¸‰¸¸, ˆÅ¸¡¸¸Ä¥¸¡¸¸Ê ˆ½Å ‰¸¸÷¸¸Ê Banking Regulation Act,1949 have been sent to us and œ¸£ ¢£œ¸¸½’Ä íŸ¸Ê ž¸½]¸ú Š¸ƒÄ í¾ ‚¸¾£ ƒ¬¸ ¢£œ¸¸½’Ä ˆÅ¸½ ÷¸¾¡¸¸£ ˆÅ£›¸½ Ÿ¸Ê íŸ¸¸£½ ×¸£¸ have been properly dealt with by us in preparing this re- „¬¸ˆÅ¸ ¬¸Ÿ¸º¢\¸÷¸ „œ¸¡¸¸½Š¸ ¢ˆÅ¡¸¸ Š¸¡¸¸ í¾. port; 3) íŸ¸¸£ú £¸¡¸ Ÿ¸Ê ÷¸º¥¸›¸ œ¸°¸, ¥¸¸ž¸ í¸¢›¸ ‰¸¸÷¸¸ ¨¸ ›¸ˆÅ™ú œÏ¨¸¸í ¢¨¸¨¸£µ¸ ¥¸¸Š¸» c. In our opinion, the Balance Sheet, Profit and Loss Ac- ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ¸Ê ˆ½Å ‚›¸º³Åœ¸ íÿ. count and Cash Flow Statement comply with the applicable Accounting Standards.

96 Jeeef

mebef#eHle mecesefkeÀle efJeÊeer³e efJeJejCe Abridged Consolidated Financial Statements

97 Annual Report 2016-17

31cee®e& 2017 keÀer eqmLeefle kesÀ Devegmeej mecesefkeÀle leguevehe$e CONSOLIDATED BALANCE SHEET AS ON 31ST MARCH, 2017 (` npeej ceW) ( ` in thousands) Devegmet®eer 31 cee®e& 2017 keÀer efmLeefle 31 cee®e& 2016 keÀer efmLeefle Schedule kesÀ Devegmeej (®eeuet Je

DeekeÀeqmcekeÀ os³eleeSb Contingent Liabilities 12 29329,20,74 29971,43,72 Jemetueer nsleg efyeue Bills for Collection 4021,46,55 3756,43,76 cenlJehetCe& uesKee veerefle³eeb Significant accounting policies 17 KeeleeW hej efìhheefCe³eeb Notes on Accounts 18 Devegmetef®e³eeb 1 mes 18 leguevehe$e keÀe DeefYeVe Yeeie nQ. The Schedules 1 to 18 form an integral part of the Accounts. ‡. ¬¸ú. £¸„÷¸ ‚¸£. ˆ½Å. Š¸ºœ÷¸¸ ‚¸£. œ¸ú. Ÿ¸£¸“½ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ ˆÅ¸¡¸Äœ¸¸¥¸ˆÅ ¢›¸™½©¸ˆÅ œÏ¤¸¿š¸ ¢›¸™½©¸ˆÅ ‡¨¸¿ ¬¸úƒÄ‚¸½ A.C. ROUT R. K. GUPTA R.P. MARATHE EXECUTIVE DIRECTOR EXECUTIVE DIRECTOR MANAGING DIRECTOR & CEO

‚÷¸ú©¸ ¢¬¸¿í œÏ™úœ¸ ¢Ÿ¸ª¸ ¬¸¿]¸¡¸ ³ÅÍ ‚¸£. ‡\¸. ûÅ”µ¸ú¬¸ ¢›¸™½©¸ˆÅ ¬¸í¸¡¸ˆÅ Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¢¨¸. œÏ. ¨¸ ¥¸½‰¸¸ „œ¸ Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¢¨¸. œÏ. ¨¸ ¥¸½‰¸¸ Ÿ¸í¸œÏ¤¸¿š¸ˆÅ, ¢¨¸.œÏ. ¨¸ ¥¸½‰¸¸ ATEESH SINGH PRADEEP MISHRA SANJAY RUDRA R. H. PHADNIS Director Asst.Gen. Manager, FM&A Dy. Gen. Manager, FM&A Gen. Manager, FM&A mLeeve : HegCes Place : Pune efoveebkeÀ : 4 ceF&, 2017 Date : 4th May, 2017 “‚›¸ºŸ¸÷¡¸ ‚›¸ºœ¸¢¬˜¸¢÷¸ ˆ½Å ˆÅ¸£µ¸ ªú ‚÷¸ú©¸ ¢¬¸¿í ‚¸¾£ ªú ]¸ú. ªúˆºÅŸ¸¸£, (¢›¸™½©¸ˆÅ¸½¿) ›¸½ í¬÷¸¸®¸£ ›¸íì ¢ˆÅ‡.” “Shri Ateesh Singh and Shri G. Sreekumar, (Directors) did not sign since, they were granted leave of absence.”

98 Jeeef

31 cee®e& 2017 keÀes meceehle Je

nceejer meceefoveebefkeÀle mebueive efjheesì& kesÀ Devegmeej As per our report of even date attached.

99 Annual Report 2016-17

31 cee®e& 2017 keÀes meceehle Je

yeeb[, heermeerheerSme Je DeeF&heer[erDeeF& hej y³eepe Interest on Bonds, PCPS and IPDI 502,49,08 3858,55,67 478,33,70 2855,25,72 2502,46,55 2973,44,18 IeìeSb: he´oÊe he´l³e#e keÀj (efveJeue) Less: Direct Taxes Paid (Net) 508,35,15 439,07,20

heefj®eeueve mes Dee|pele vekeÀo ueeYe (I) Cash Profit Generated From Operations 1994,11,40 2534,36,98 heefj®eeueveiele os³eleeDeeW keÀer Je=ef×/(keÀceer) : Increase / (Decrease) of Operating Liabilities: peceejeefMe³eeb Deposits 60,20,93 16869,71,59 yeeb[ GOeeefj³eeW kesÀ DeueeJee Dev³e GOeeefj³eeb -1216,45,08 -1898,62,16 Borrowings excluding Bond borrowings Dev³e os³eleeSb Je heéJeOeeve Other Liabilities & Provision -2695,08,30 -2930,67,11 heefj®eeueveiele os³eleeDeeW ceW kegÀue Je=ef× -3851,32,45 12040,42,32 Total of Increase of Operating Liabilities IeìeSb:heefj®eeueve Deeeqmle³eeW keÀer Je=ef×/(keÀceer) Less: Increase / (Decrease) of Operating Assets efveJesMe Investments 2359,31,24 3465,86,63 Deefieće Advances -12047,44,07 8963,57,08 Dev³e Deeeqmle³eeb Other Assets 332,61,71 -759,07,34 kegÀue heefj®eeueve Deeeqmle³eeW keÀer kegÀue Je=ef× -9355,51,12 11670,36,37 Total of Increase of Operating Assets heefj®eeueveiele Deeeqmle³eeW hej heefj®eeueveiele os³eleeDeeW ceW efveJeue Je=ef× (II) 5504,18,67 370,05,95 Net Increase Of Operating Liabilities Over Operating Assets heefj®eeueve ieefleefJeefOe³eeW mes vekeÀoer he´Jeen 7498,30,07 2904,42,93 Cash Flow From Operating Activities (keÀ (A) = I+II) ‰¸ efveJesMe ieefleefJeefOe³eeW mes vekeÀoer he´Jeen B. Cash Flow From Investing Activities De®eue mebheefÊe³eeW keÀe efJe¬eÀ³e Sale of Fixed Assets 4,00,80 3,79,65 De®eue mebheefÊe³eeW keÀe ¬eÀ³e Purchase of Fixed Assets -102,94,54 -154,79,46 men³eesieer heéfleÿeve ceW efveJesMe Investment made in Associates - -

efveJesMe ieefleefJeefOe³eeW mes efveJeue vekeÀoer he´Jeen (Ke) -98,93,74 -150,99,81 Net Cash Flow From Investing Activities (B)

100 Jeeef

ie efJeÊehees

(` npeej ceW) (` in Thousand) 31.03.2017 31.03.2016 keÀes meceehle Je

101 Annual Report 2016-17

¬¨¸÷¸¿°¸ ¥¸½‰¸¸œ¸£ú®¸ˆÅ¸½¿ ˆÅú ¢£œ¸¸½’Ä INDEPENDENT AUDITOR’S REPORT

œÏ¢÷¸, To, ¢›¸™½©¸ˆÅ Ÿ¸¿”¥¸ The Board of Directors of Bank of Maharashtra, ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï Report on Consolidated Financial Statements. 1. We have audited the accompanying Consolidated Financial ¬¸Ÿ¸½¢ˆÅ÷¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê œ¸£ ¢£œ¸¸½’Ä Statements of Bank of Maharashtra, its subsidiary and an 1. ¤¸ÿˆÅ ‚¸ÁûÅ Ÿ¸í¸£¸«’ï, „¬¸ˆÅú ¬¸í¸¡¸ˆÅ ˆ¿Åœ¸›¸ú ÷¸˜¸¸ ‡ˆÅ ¬¸í¡¸¸½Š¸ú ¬¸¿¬˜¸¸ associate (the Group), which comprise the consolidated Balance (¬¸Ÿ¸»í) ˆ½Å ¬¸¿¥¸Š›¸ ¬¸Ÿ¸½¢ˆÅ÷¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸ ¢]¸¬¸Ÿ¸Ê 31.03.2017 ˆÅ¸ Sheet as at 31st March 2017, the Consolidated Profit and Loss ¬¸Ÿ¸½¢ˆÅ÷¸ ÷¸º¥¸›¸ œ¸°¸, ¬¸Ÿ¸½¢ˆÅ÷¸ ¥¸¸ž¸ ‚¸¾£ í¸¢›¸ ‰¸¸÷¸¸ ÷¸˜¸¸ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ˆ½Å Account and the Consolidated Cash Flow Statement for the year ¢¥¸‡ ¬¸Ÿ¸½¢ˆÅ÷¸ ›¸ˆÅ™ú œÏ¨¸¸í ¢¨¸¨¸£µ¸ ‚¸¾£ Ÿ¸í÷¨¸œ¸»µ¸Ä ¥¸½‰¸¸ ›¸ú¢÷¸¡¸¸Ê ˆ½Å ¬¸¸£¸¿©¸ ended and a summary of significant accounting policies and ‚¸¾£ ‚›¡¸ ¬œ¸«’úˆÅ£µ¸ ¬¸¿¤¸¿š¸ú ¬¸»\¸›¸¸‡¿ ©¸¸¢Ÿ¸¥¸ íÿ, ˆÅú íŸ¸›¸½ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅú other explanatory information. í¾. Incorporated in these consolidated financial statements are the: (a) audited accounts of the bank audited by 4 (Four) Joint ƒ›¸ ¬¸Ÿ¸½¢ˆÅ÷¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê Ÿ¸Ê ©¸¸¢Ÿ¸¥¸ í¾ À ˆÅ) 4(\¸¸£) ¬¸¿¡¸ºÆ÷¸ ¥¸½‰¸¸ Auditors which reflect total assets of Rs. 159323.98 crore as at œ¸£ú®¸ˆÅ¸Ê ×¸£¸ ¥¸½‰¸¸ œ¸£ú¢®¸÷¸ ¤¸ÿˆÅ ˆ½Å ¥¸½‰¸¸ œ¸£ú¢®¸÷¸ ‰¸¸÷¸½ ]¸¸½ 31.03.2017 31st March 2017, total revenue of Rs. 13570.03 crore, loss of Rs. ˆÅ¸½ ²Å.159323.98 ˆÅ£¸½”õ ˆÅú ˆºÅ¥¸ ‚¸¦¬÷¸¡¸¸¿, ²Å.13570.03 ˆÅ£¸½”õ ˆÅ¸ 1372.51 crore and net cash inflows amounting to Rs. 7321.87 ˆºÅ¥¸ £¸]¸¬¨¸, ²Å.1372.51 ˆÅ£¸½”õ ˆÅú í¸¢›¸ ‚¸¾£ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä ˆ½Å ¢¥¸‡ crore for the year ended; audited accounts of one subsidiary, & ²Å.7321.87 ˆÅ£¸½”õ ˆÅú £¸¢©¸ ˆÅ¸ ¢›¸¨¸¥¸ ›¸ˆÅ™ ‚¿÷¸¨¸¸Äí œÏ™¢©¸Ä÷¸ ˆÅ£÷¸½ íÿ. audited accounts of one associate whose financial statements ¬¸¸˜¸ íú, ‡ˆÅ ¬¸í¸¡¸ˆÅ ˆ¿Åœ¸›¸ú ˆ½Å ¥¸½‰¸¸ œ¸£ú¢®¸÷¸ ‰¸¸÷¸½ ÷¸˜¸¸ ‡ˆÅ ¬¸í¡¸¸½Š¸ú reflects the group’s share in total assets of Rs. 159411.06 crore ¬¸¿¬˜¸¸ ˆ½Å ¥¸½‰¸¸ œ¸£ú¢®¸÷¸ ‰¸¸÷¸½ ¢]¸›¸ˆ½Å ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸ 31.03.2017 ˆÅ¸½ as at 31st March 2017, the group’s share in the total revenue ˆºÅ¥¸ ‚¸¦¬÷¸¡¸¸Ê Ÿ¸Ê ²Å.159411.06 ˆÅ£¸½”õ ˆÅ¸ ¬¸Ÿ¸»í ˆÅ¸ ¢í¬¬¸¸, ˆºÅ¥¸ £¸]¸¬¨¸ of Rs. 13586.79 crore, the group’s share in net cash inflows Ÿ¸Ê ²Å.13586.79 ˆÅ£¸½”õ ˆÅ¸ ¬¸Ÿ¸»í ˆÅ¸ ‚¿©¸ ÷¸˜¸¸ ¢›¸¨¸¥¸ ›¸ˆÅ™ ‚¿÷¸¨¸¸Äí Ÿ¸Ê amounting to Rs. 7321.87 crore. The entities of the group whose ²Å.7321.87 ˆÅ£¸½”õ ˆÅú £¸¢©¸ ˆÅ¸ ¬¸Ÿ¸»í ˆÅ¸ ¢í¬¬¸¸ œÏ™¢©¸Ä÷¸ ˆÅ£÷¸½ íÿ. ¬¸Ÿ¸»í financial statements are included in the Consolidated Financial Statements are listed in Schedule 17- Significant Accounting ˆÅú ƒˆÅ¸ƒÄ¡¸¸Ê ¢]¸›¸ˆ½Å ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸ ¬¸Ÿ¸½¢ˆÅ÷¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ©¸¸¢Ÿ¸¥¸ í¾ Policies and Notes on Accounts – which forms part of the ‚›¸º¬¸»\¸ú 17 - Ÿ¸í÷¨¸œ¸»µ¸Ä ¥¸½‰¸¸¿ˆÅ›¸ ›¸ú¢÷¸¡¸¸Ê ‚¸¾£ ‰¸¸÷¸¸Ê œ¸£ ¢’œœ¸¢µ¸¡¸¸Ê Ÿ¸Ê Consolidated Financial Statements of the Group. ¬¸»\¸ú¤¸Ö í¾ ]¸¸½ ¬¸Ÿ¸»í ˆ½Å ¬¸Ÿ¸½¢ˆÅ÷¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆÅ¸ ¢í¬¬¸¸ í¾. 2. We did not audit the financial statements of subsidiary whose 2. íŸ¸›¸½ ¬¸í¸¡¸ˆÅ ˆ¿Åœ¸›¸ú ˆ½Å ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ›¸íú¿ ˆÅú í¾ ¢]¸¬¸ˆ½Å financial statement reflect total asset of Rs. 1382.59 lacs as on ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸ Ÿ¸Ê ¢™›¸¸¿ˆÅ 31.03.2017 ˆÅ¸½ ²Å.1382.59 ¥¸¸‰¸ ˆ½Å ˆºÅ¥¸ 31st March 2017, and net profit of Rs. 46.92 lacs for the year ‚¸¦¬÷¸¡¸¸¿ ÷¸˜¸¸ „¬¸ú ¢™›¸¸¿ˆÅ ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä í½÷¸º ²Å.46.92 ¥¸¸‰¸ ˆÅ¸ ¢›¸¨¸¥¸ ended on that date, and associate whose financial statements ¥¸¸ž¸ ™©¸¸Ä¡¸¸ Š¸¡¸¸ í¾. ¬¸¸˜¸ íú ¬¸í¸¡¸ˆÅ œÏ¢÷¸«“¸›¸¸Ê ˆÅú ž¸ú ¥¸½‰¸¸ œ¸£ú®¸¸ ›¸íú¿ reflect the Group share of profit of Rs. 1596.10 lacs forthe ˆÅú í¾ ¢]¸¬¸ˆ½Å ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸ Ÿ¸Ê „¬¸ ¢÷¸¢˜¸ ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¢¨¸î¸ú¡¸ ¨¸«¸Ä í½÷¸º ]¸¾¬¸¸ year ended on that date as considered in consolidated financial ¢ˆÅ ¬¸Ÿ¸½¢ˆÅ÷¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê Ÿ¸Ê Ÿ¸¸›¡¸ ¢ˆÅ¡¸¸ í¾, ¬¸Ÿ¸»í ˆ½Å ¥¸¸ž¸ ¢ˆÅ ¢í¬¬¸½ ˆÅ¸½ statements. These financial statements have been furnished to ²Å.1596.10 ¥¸¸‰¸ ¤¸÷¸¸¡¸¸ Š¸¡¸¸ í¾. ¡¸í ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸ íŸ¸Ê œÏ¬÷¸º÷¸ ¢ˆÅ‡ us and our opinion is so far as it relates to the amounts included in respect of the subsidiary and the associate is based solely on Š¸‡ ‚¸¾£ ƒ¬¸ ¬¸í¸¡¸ˆÅ ˆ¿Åœ¸›¸ú ÷¸˜¸¸ ¬¸í¡¸¸½Š¸ú ¬¸¿¬˜¸¸ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ £¸¢©¸¡¸¸Ê ˆÅ¸½ the reports of the other auditors. ©¸¸¢Ÿ¸¥¸ ˆÅ£›¸½ ˆ½Å Ÿ¸¸Ÿ¸¥¸½ Ÿ¸Ê íŸ¸¸£¸ Ÿ¸÷¸ ˆ½Å¨¸¥¸ ‚›¡¸ ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ×¸£¸ œÏ¬÷¸º÷¸ ˆÅú Š¸ƒÄ ¢£œ¸¸½’¸½ô œ¸£ ‚¸š¸¸¢£÷¸ í¾. 3. Management’s Responsibility for the Financial Statements: The Management of the bank is responsible for the operation 3. ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆ½Å ¢¥¸‡ œÏ¤¸¿š¸›¸ ˆÅú ¢]¸ŸŸ¸½™¸£ú À ƒ›¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆ½Å of these Financial Statements that give a true and fair view of œ¸¢£\¸¸¥¸›¸ ˆ½Å ¢¥¸‡ ¤¸ÿˆÅ ˆÅ¸ œÏ¤¸¿š¸›¸ ¢]¸ŸŸ¸½™¸£ í¾ ]¸¸½ ž¸¸£÷¸ú¡¸ ¢£{¸¨¸Ä ¤¸ÿˆÅ the financial position, financial performance and cash flows of ˆÅú ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ‚¸¾£ ž¸¸£÷¸ú¡¸ ¬¸›¸™ú ¥¸½‰¸¸ˆÅ¸£ ¬¸¿¬˜¸¸›¸ ×¸£¸ ]¸¸£ú the bank in accordance with the requirements of the ‘Accounting `‡‡¬¸ 23 - ¬¸Ÿ¸½¢ˆÅ÷¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê Ÿ¸Ê ¬¸í¡¸¸½Š¸ú ¬¸¿¬˜¸¸ Ÿ¸Ê ¢›¸¨¸½©¸ ˆ½Å Standard (AS) 21 – Consolidated Financial Statements’ and ‘AS ¢¥¸‡ ¥¸½‰¸¸¿ˆÅ›¸ ÷¸˜¸¸ `¥¸½‰¸¸¿ˆÅ›¸ Ÿ¸¸›¸ˆÅ (‡‡¬¸) 21 - ¬¸Ÿ¸½¢ˆÅ÷¸ ¢¨¸î¸ú¡¸ – 23 Accounting for Investment in Associates in Consolidated ¢¨¸¨¸£µ¸’ ˆÅú ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ˆ½Å ‚›¸º¬¸£µ¸ Ÿ¸Ê ¤¸ÿˆÅ ˆÅú ¢¨¸î¸ú¡¸ ¦¬˜¸¢÷¸, ¢¨¸î¸ú¡¸ Financial Statements, issued by the Institute of Chartered ˆÅ¸¡¸Ä¢›¸«œ¸¸™›¸ ‚¸¾£ ›¸ˆÅ™ú œÏ¨¸¸í ˆÅ¸ ¬¸íú ‚¸¾£ „¢\¸÷¸ ´¦«’ˆÅ¸½µ¸ œÏ™¸›¸ ˆÅ£÷¸¸ Accountants of India and the requirements of the Reserve Bank of India. This responsibility includes the design, implementation í¾. ƒ¬¸ ¢]¸ŸŸ¸½™¸£ú ˆ½Å ‚¿÷¸Š¸Ä÷¸ ¬¸Ÿ¸»í ˆ½Å ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆÅ¸½ ÷¸¾¡¸¸£ ˆÅ£›¸½ ¬¸½ and maintenance of internal control relevant to the preparation of ¬¸¿¤¸¿¢š¸÷¸ ‚¸¿÷¸¢£ˆÅ ¢›¸¡¸¿°¸µ¸ ˆÅ¸ [¸¿\¸¸, ˆÅ¸¡¸¸Ä›¨¸¡¸›¸ ‚¸¾£ £‰¸£‰¸¸¨¸ ©¸¸¢Ÿ¸¥¸ í¾ the financial statements of the Group that are free from material ]¸¸½ ¢ˆÅ š¸¸½‰¸¸š¸”õú ‚˜¸¨¸¸ Š¸¥¸÷¸ú ¬¸½ Ÿ¸í÷¨¸œ¸»µ¸Ä ¢¨¸¨¸£µ¸¸Ê Ÿ¸Ê í¸½›¸½¨¸¸¥¸ú \¸»ˆÅ ¬¸½ misstatement, whether due to fraud or error. Ÿ¸ºÆ÷¸ £í÷¸½ íÿ. 4. Auditors’ Responsibility: Our responsibility is to express an 4. ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ˆÅú ¢]¸ŸŸ¸½™¸£ú À íŸ¸¸£ú ¢]¸ŸŸ¸½™¸£ú ¬¸Ÿ¸½¢ˆÅ÷¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê opinion on these financial statements based on our audit. ˆÅú ¥¸½‰¸¸ œ¸£ú®¸¸ ˆ½Å ‚¸š¸¸£ œ¸£ ‚¢ž¸Ÿ¸÷¸ ¨¡¸Æ÷¸ ˆÅ£›¸¸ í¾. íŸ¸ ž¸¸£÷¸ú¡¸ ¬¸›¸™ú We conducted our audit in accordance with the Standards ¥¸½‰¸¸ˆÅ¸£ ¬¸¿¬˜¸¸›¸ ×¸£¸ ]¸¸£ú ¥¸½‰¸¸ œ¸£ú®¸¸ Ÿ¸¸›¸ˆÅ¸Ê ˆ½Å ‚¸š¸¸£ œ¸£ ‚œ¸›¸ú ¥¸½‰¸¸ on Auditing issued by the Institute of Chartered Accountants œ¸£ú®¸¸ ˆÅ£÷¸½ íÿ— ƒ›¸ ¥¸½‰¸¸ Ÿ¸¸›¸ˆÅ¸Ê ˆ½Å ‚›¸º¬¸¸£ íŸ¸Ê ›¸¾¢÷¸ˆÅ ‚¸¨¸©¡¸ˆÅ÷¸¸‚¸Ê ˆÅ¸ of India. Those standards require that we comply with ethical œ¸¸¥¸›¸ ˆÅ£›¸¸ í¸½÷¸¸ í¾ ‚¸¾£ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅú ¡¸¸½]¸›¸¸ ÷¸¾¡¸¸£ ˆÅ£ ¥¸½‰¸¸ œ¸£ú®¸¸ requirement and plan and perform the audit to obtain reasonable ˆÅ¸ ¢›¸«œ¸¸™›¸ ˆÅ£›¸¸ í¸½÷¸¸ í¾ ÷¸¸¢ˆÅ „¢\¸÷¸ ³Åœ¸ ¬¸½ ¡¸í ‚¸æ¸¸¬¸›¸ ¢ˆÅ¡¸¸ ]¸¸ ¬¸ˆ½Å assurance about whether the financial statements are free from ¢ˆÅ Æ¡¸¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸ Ÿ¸í÷¨¸œ¸»µ¸Ä ¤¸¡¸¸›¸ú Ÿ¸Ê Š¸¥¸÷¸ú ¬¸½ Ÿ¸ºÆ÷¸ íÿ ¡¸¸ ›¸íú¿. material misstatement. 5. An audit involves performing procedure to obtain audit evidence 5. ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê Ÿ¸Ê œÏˆÅ’›¸ ‚¸¾£ £ˆÅŸ¸ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ¥¸½‰¸¸ œ¸£ú®¸¸ ¬¸¸®¡¸ œÏ¸œ÷¸ about the amounts and disclosures in the financial statements. ˆÅ£›¸½ ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ˆÅ¸¡¸Ä¢¨¸¢š¸ ¢›¸«œ¸¸¢™÷¸ ˆÅ£›¸¸ ¥¸½‰¸¸ œ¸£ú®¸¸ Ÿ¸Ê ©¸¸¢Ÿ¸¥¸ í¸½÷¸¸ The procedures selected depend on the auditors’ judgment, í¾. ]¸¸¥¸¬¸¸]¸ú ¡¸¸ Š¸¥¸÷¸ú ˆ½Å ˆÅ¸£µ¸ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê Ÿ¸Ê Ÿ¸í÷¨¸œ¸»µ¸Ä Š¸¥¸÷¸ including the assessment of the risk of material misstatement of ˆÅ˜¸›¸ ˆ½Å ]¸¸½¢‰¸Ÿ¸ ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ˆÅ£›¸½ ¬¸¢í÷¸ ¥¸½‰¸¸ œ¸£ú®¸ˆÅ ˆ½Å ¢›¸µ¸Ä¡¸ ˆ½Å the financial statement, whether due to fraud or error. In making ‚¸š¸¸£ œ¸£ \¸º›¸ú Š¸ƒÄ ˆÅ¸¡¸Ä¢¨¸¢š¸ ‚¸š¸¸¢£÷¸ í¸½÷¸ú í¾. ¡¸½ ]¸¸½¢‰¸Ÿ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ˆÅ£›¸½ those risk assessments, the auditor considers internal control

102 Jeeef

ˆ½Å ¢¥¸‡ ˆ¿Åœ¸›¸ú ˆÅú ÷¸¾¡¸¸£ú ¬¸½ ¬¸¿¤¸¿¢š¸÷¸ ‚¸¿÷¸¢£ˆÅ ¢›¸¡¸¿°¸µ¸¸Ê ‚¸¾£ œ¸¢£¦¬˜¸¢÷¸ relevant to the entity’s preparation and fair presentation of the ¢¨¸©¸½«¸ Ÿ¸Ê „¢\¸÷¸ ¥¸½‰¸¸ œ¸£ú®¸¸ ˆÅ¸¡¸Ä¢¨¸¢š¸ ÷¸¾¡¸¸£ ˆÅ£›¸½ ˆ½Å ¢¥¸‡ ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê financial statements in order to design audit procedures that are appropriate in the circumstances but not for the purpose of ˆÅú „¢\¸÷¸ œÏ¬÷¸º¢÷¸ í½÷¸º ¥¸½‰¸¸ œ¸£ú®¸ˆÅ¸Ê ×¸£¸ ¢›¸š¸¸Ä¢£÷¸ ¢ˆÅ‡ Š¸‡ íÿ ¢ˆ¿Å÷¸º ƒ¬¸ expressing an opinion on the effectiveness of the entity’s internal „Ó½©¡¸ ˆ½Å ¢¥¸‡ ›¸íú¿ ¢ˆÅ ¬¸¿¬˜¸¸ ˆ½Å ‚¸¿÷¸¢£ˆÅ ¢›¸¡¸¿°¸µ¸ ˆÅú œÏž¸¸¨¸©¸ú¥¸÷¸¸ œ¸£ control. An audit also includes evaluating the appropriateness ‚œ¸›¸ú £¸¡¸ ™Ê. „œ¸¡¸¸½Š¸ Ÿ¸Ê ¥¸¸ƒÄ Š¸ƒÄ ›¸ú¢÷¸ ˆÅú „œ¸¡¸ºÆ÷¸÷¸¸ ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ˆÅ£›¸¸ of accounting policies used and the reasonableness of the ‚¸¾£ œÏ¤¸¿š¸›¸ ×¸£¸ ¥¸Š¸¸‡ Š¸‡ ¥¸½‰¸¸ ‚›¸ºŸ¸¸›¸¸Ê ˆÅ¸ ‚¸¾¢\¸÷¡¸ ÷¸˜¸¸ „¬¸ú œÏˆÅ¸£ accounting estimates made by management, as well as ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸¸Ê ˆÅú ¬¸Ÿ¸ŠÏ œÏ¬÷¸º÷¸úˆÅ£µ¸ ˆÅ¸ Ÿ¸»¥¡¸¸¿ˆÅ›¸ ˆÅ£›¸¸ ž¸ú ¥¸½‰¸¸ œ¸£ú®¸¸ evaluating the overall presentation of the financial statements. Ÿ¸Ê ©¸¸¢Ÿ¸¥¸ í¸½÷¸¸ í¾. We believe that the audit evidence we have obtained is sufficient íŸ¸Ê ¢¨¸æ¸¸¬¸ í¾ ¢ˆÅ íŸ¸¸£½ ×¸£¸ œÏ¸œ÷¸ ¢ˆÅ‡ Š¸‡ ¬¸¸®¡¸, íŸ¸Ê ¢™‡ Š¸‡ and appropriate to provide a basis for the explanation given to ¬œ¸«’úˆÅ£µ¸ ˆ½Å œ¸¡¸¸Äœ÷¸ ‚¸¾£ „¢\¸÷¸ ‚¸š¸¸£ íÿ. us. 6. íŸ¸¸£ú £¸¡¸ Ÿ¸Ê ¤¸ÿˆÅ ˆÅú ‰¸¸÷¸¸ ¤¸¢í¡¸¸Ê Ÿ¸Ê ™©¸¸Ä‡ ‚›¸º¬¸¸£ ÷¸˜¸¸ íŸ¸¸£ú ª½«“ 6. In our opinion, as shown by books by bank, and to the best of ]¸¸›¸ˆÅ¸£ú ˆ½Å ‚›¸º¬¸¸£ ‚¸¾£ íŸ¸Ê ¢™‡ Š¸‡ ¬œ¸«’úˆÅ£µ¸ ˆ½Å ‚›¸º¬¸¸£ ¬¸¿¥¸Š›¸ our information and according to the explanation given to us, the attached financial statements give a true and fair view in ¢¨¸î¸ú¡¸ ¢¨¸¨¸£µ¸ ž¸¸£÷¸ Ÿ¸Ê ¬¸¸Ÿ¸¸›¡¸ ³Åœ¸ ¬¸½ ¬¨¸úˆÅ¸¡¸Ä ¥¸½‰¸¸ ¢¬¸Ö¸¿÷¸¸Ê ˆ½Å conformity with the accounting principles generally accepted in ‚›¸º¬¸£µ¸ Ÿ¸Ê ¬¸÷¡¸ ‚¸¾£ ¬œ¸«’ ¢\¸°¸ œÏ™¸›¸ ˆÅ£÷¸½ íÿ À India: ˆÅ. 31 Ÿ¸¸\¸Ä, 2017 ˆÅ¸½ ¬¸Ÿ¸»í ˆ½Å ¨¡¸¨¸í¸£¸Ê ˆ½Å Ÿ¸¸Ÿ¸¥¸½ ˆ½Å ¬¸Ÿ¸½¢ˆÅ÷¸ ÷¸º¥¸›¸œ¸°¸ ˆÅú a. In the case of the Consolidated Balance Sheet of the state of the ¦¬˜¸¢÷¸ Ÿ¸Ê affairs of the Group as at 31st March 2017. ‰¸. „Æ÷¸ ¢™›¸¸¿ˆÅ ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä í½÷¸º ¬¸Ÿ¸»í ˆ½Å ¬¸Ÿ¸½¢ˆÅ÷¸ ¥¸¸ž¸ ˆ½Å ¬¸Ÿ¸½¢ˆÅ÷¸ ¥¸¸ž¸ ¨¸ b. In the case of the Consolidated Profit and Loss Account, of the í¸¢›¸ ‰¸¸÷¸½ ˆ½Å Ÿ¸¸Ÿ¸¥¸½ Ÿ¸Ê ‚¸¾£ Consolidated Profit of the Group for the year ended on that date; Š¸. „Æ÷¸ ¢™›¸¸¿ˆÅ ˆÅ¸½ ¬¸Ÿ¸¸œ÷¸ ¨¸«¸Ä í½÷¸º ¬¸Ÿ¸»í ˆ½Å ›¸ˆÅ™ú œÏ¨¸¸í ˆ½Å ¬¸Ÿ¸½¢ˆÅ÷¸ ›¸ˆÅ™ú œÏ¨¸¸í and ¢¨¸¨¸£µ¸ ˆ½Å Ÿ¸¸Ÿ¸¥¸½ Ÿ¸Ê c. In the case of the Consolidated Cash Flow Statement, of the cash flows of the Group for the year ended on that date. 7. Ÿ¸¸Ÿ¸¥¸½ œ¸£ ]¸¸½£ À 7. Emphasis of Matter: ˆÅ. ¬¸ú”ú‚¸£/ Š¸¾£-¬¸ú”ú‚¸£ ÷¸¿°¸ ˆ½Å ‚¿÷¸Š¸Ä÷¸ œ¸º›¸Š¸Ä¢“÷¸ ‚¢ŠÏŸ¸¸Ê ˆ½Å ¨¸Š¸úÄˆÅ£µ¸ ˆ½Å a. Note number 4.13.1 in schedule 18 in respect of classification of ¬¸¿¤¸¿š¸ Ÿ¸Ê ‚›¸º¬¸»\¸ú 18 Ÿ¸Ê ¢’œœ¸µ¸ú ÇÅŸ¸¸¿ˆÅ 4.13.1. restructured advances under CDR/non CDR mechanism. ‰¸. ²Å.761.25 ˆÅ£¸½”õ ˆÅú £¸¢©¸ ˆ½Å ‚©¸¸½š¡¸ ‚¸¾£ ¬¸¿¢™Šš¸ ˆÅ]¸¸½ô (‡›¸œ¸ú‡) ˆ½Å ¢¥¸‡ b. Note number 10.10 in Schedule 18 of Notes to Accounts to the œÏ¸¨¸š¸¸›¸¸Ê ˆ½Å ˆÅ¸£µ¸ ‚¸¬˜¸¢Š¸÷¸ ˆÅ£ ‚¸¦¬÷¸¡¸¸Ê ˆÅú œ¸í\¸¸›¸ ˆ½Å ¬¸¿¤¸¿š¸ Ÿ¸Ê ¢¨¸î¸ú¡¸ Financial Statements regarding recognition of Deferred Tax ¢¨¸¨¸£µ¸¸Ê í½÷¸º ‰¸¸÷¸¸Ê œ¸£ ¢’œœ¸¢µ¸¡¸¸Ê ˆÅú ‚›¸º¬¸»\¸ú 18 Ÿ¸Ê ¢’œœ¸µ¸ú ÇÅ.10.10 Assets on account of provisions for Bad and Doubtful Debts (NPA) amounting to Rs. 761.25 crores.

¬¸ú‡ ƒ¿Í œ¸¸¥¸ ¢¬¸¿í ¬¸ú‡ ‚¸›¸¿™ ¬¸º¥¸¸‰¸½ ¬¸ú‡ Ÿ¸›¸¬¨¸ú ˆÅ¸½“¸£ú ¬¸ú‡ Ÿ¸í½æ¸£ ‡Ÿ¸. Ÿ¸£¸“½ ž¸¸Š¸ú™¸£ ž¸¸Š¸ú™¸£ ž¸¸Š¸ú™¸£ ž¸¸Š¸ú™¸£ ¬¸™¬¡¸÷¸¸ ÇÅ.: 410433 ¬¸™¬¡¸÷¸¸ ÇÅ.: 33451 ¬¸™¬¡¸÷¸¸ ÇÅ.: 64601 ¬¸™¬¡¸÷¸¸ ÇÅ.: 212175 CA Indra Pal Singh CA Anand Sulakhe CA Manaswy Kothari CA Maheshwar M. Marathe Parther Parther Parther Parther Membership No. 410433 Membership No. 33451 Membership No. 64601 Membership No. 212175 mLeeve : HegCes Place : Pune efoveebkeÀ : 4 ceF&, 2017 Date : 4th May, 2017

103 Annual Report 2016-17

¢’œœ¸¢µ¸¡¸¸Â Notes

104