NOTES:

• The above results have been taken on record by the Board of Directors of the Bank at its meeting held on January 30, 2010. The same has been subjected to limited review by Statutory Central Auditors of the Bank.
• The financial results have been arrived at after making necessary provisions on estimated basis for liability on account of employee benefits like gratuity, pension, leave encashment, etc., depreciation on fixed assets, Investments, provision for Standard and Non Performing Advances and provision for taxes (including deferred tax).
• Provision has been made for wage revision on estimated basis to the extent of Rs. 68.00 crores during the nine months period ended 31.12.2009, in addition to Rs. 55.00 crores provided during the year ended 31 .03.09, pending conclusion of agreement at the industry level.
• The bank has implemented Agriculture Debt Waiver and Debt Relief Scheme, 2008 framed by Government of India. In terms of the said scheme, the bank has received Rs. 144.17 crores upto 31st December 2009 from Reserve Bank of India ('RBI') against the claim of Rs. 218.32 crores as certified by the Statutory Central Auditors of the bank under the Debt Waiver Scheme. During the year ended 31st March 2009, the bank had opted not to treat the eligible accounts under the Debt Relief Scheme as performing assets in terms of Reserve Bank of India Circular No.: DBOD.No.BP.BC.26/21 .04.048/2008-09 dated 30th July 2008 and accordingly, such advances as on 31.12.2009 amounting to Rs. 123.94 crores were subjected to IRAC Norms. During the nine months under review, the bank had exercised the option to treat the above accounts as performing assets as permitted by RBI which otherwise would have slipped to NPA, thus treating the total amount as Standard Assets and holding a provision of Rs. 10.66 crores for loss in Present Value terms as per the RBI circular. Had the above option been not exercised during the period, the net profit (net of taxes) and reserves would have decreased by Rs. 10.90 crores.
• Steps are in progress for adjustment/reconciliation/elimination of inter-branch transactions, transactions with other banks/institutions, nominal accounts and old entries etc. under other assets and liabilities, the effect of which is not ascertainable and in the opinion of the management consequential impact thereof on revenue is not material.
• The bank has implemented Basel-II. Based on the extensive exercise undertaken, the bank is of the view that the deficiencies, if any, will not have significant impact on the overall reported capital adequacy. The data compiled on the basis of the guidelines from Reserve Bank of India and estimates made by the management have been relied upon by the auditors.
• The figures of the earlier periods have been regrouped wherever necessary to confirm to current period classification.
• Details of investor complaints for the quarter ended 31st December 2009:



Beginning	Received	Resolved	Pending
NIL	109	109	NIL



• The above results have been compiled as per the listing agreement.