Financials

SCHEDULE - 1 CAPITAL
		(Rs. in thousands)
	As on 31^st March 2009 (Current Year)	As on 31^st March 2008(Previous Year)
Authorised Capital
150,00,00,000 Equity Shares of Rs.10/- each	1500 ,00 ,00	1500,00,00

Issued, Subscribed & Paid up Capital
43,05,20,000 Equity Shares of Rs. 10/- each	430 ,52 ,00	430 ,52 ,00
(includes 33,05,20,000 Equity Shares of Rs. 10/- each held by Central Government)
TOTAL	430 ,52 ,00	430 ,52 ,00

SHEDULE - 2 RESERVES AND SURPLUS
(Rs. in thousands)
	As on 31^st March 2009 (Current Year)		As on 31^st March 2008(Previous Year)
	As on 31^st March 2009 (Current Year)		As on 31^st March 2008(Previous Year)
I. STATUTORY RESERVE
i) Opening Balance	434,28,61		352,18,93
ii) Addition during the year	93,79,21	528 ,07 ,82	82,09,68	434 ,28 ,61

II. CAPITAL RESERVE
i) Opening Balance	21,78,65		8,18,62
ii) Addition during the year	65 ,98 ,80	87,77,45	13 ,60 ,03	21,78,65

III. SHARE PREMIUM
i) Opening Balance	130 ,00 ,00		130 ,00 ,00
ii) Addition during the year	Nil	130,00,00	Nil	130,00,00

IV. REVENUE AND OTHER RESERVES
a) REVENUE RESERVE
i) Opening Balance	461 ,17 ,99		639 ,05 ,71
ii) Addition during the year	258 ,61 ,26		Nil
iii) Deduction during the year	Nil	719,79,25	177,87,72	461,17,99

b) SPECIAL RESERVE
i) Opening Balance	29 ,00 ,00		21 ,00 ,00
ii) Addition during the year	12 ,00 ,00	41,00,00	8 ,00 ,00	29,00,00

c) REVALUATION RESERVE
i) Opening Balance	16 ,11 ,76		26 ,27 ,36
ii) Addition during the year	447 ,86 ,97		Nil
iii) Deduction during the year	11 ,79 ,99	452,18,74	10 ,15 ,60	16 ,11 ,76

V. BALANCE IN PROFIT & LOSS ACCOUNT		127,83,52		258,61,25
TOTAL (I, II, III, IV & V)		2086 ,66 ,78		1350 ,98 ,26

SCHEDULE - 3 DEPOSITS
(Rs. in thousands)
	As on 31^st March 2009 (Current Year)		As on 31^st March 2008(Previous Year)
	As on 31^st March 2009 (Current Year)		As on 31^st March 2008(Previous Year)
A. I. DEMAND DEPOSITS
i) From Banks	32 ,91 ,85		29 ,71 ,54
ii) From others	4977,50,01	5010 ,41 ,86	5056,44,35	5086 ,15 ,89

II. SAVINGS BANK DEPOSITS		13639 ,95 ,81		12516 ,93 ,77

III. TERM DEPOSITS
i) From Banks	2 ,57 ,09		148 ,24 ,16
ii) From others	33601,97,20	33604,54,29	24006,99,41	24155,23,57
T O T A L (I, II & III)		52254 ,91 ,96		41758 ,33 ,23

B. (i) Deposits of Branches in India		52254 ,91 ,96		41758 ,33 ,23
(ii) Deposits of Branches outside India		Nil		Nil
T O T A L		52254 ,91 ,96		41758 ,33 ,23

SCHEDULE - 4 BORROWINGS
(Rs. in thousands)
	As on 31^st March 2009 (Current Year)		As on 31^st March 2008(Previous Year)
	As on 31^st March 2009 (Current Year)		As on 31^st March 2008(Previous Year)
I. BORROWINGS IN INDIA
i) Reserve Bank Of India	Nil		50 ,00 ,00
ii) Other Banks	Nil		Nil
iii) Other Institutions and Agencies	110,00,23	110,00,23	76,54,71	126,54,71

II. BORROWINGS OUTSIDE INDIA		80 ,01 ,09		72 ,70 ,12
TOTAL (I & II)		190 ,01 ,32		199 ,24 ,83
III. SECURED BORROWINGS INCLUDED IN I & II ABOVE		Nil		Nil

SCHEDULE - 5 OTHER LIABILITIES AND PROVISIONS
(Rs. in thousands)
	As on 31^st March 2009 (Current Year)		As on31^st March 2008(Previous Year)
	As on 31^st March 2009 (Current Year)		As on31^st March 2008(Previous Year)
I. Bills Payable		507,78,57		883,65,46

II. Inter-office adjustments (net)		Nil		Nil

III. Interest Accrued		176 ,53 ,93		219 ,96 ,86

IV. Others (including provisions):
i) Subordinated Debt Bonds	2067 ,50 ,00		2167,50,00
ii) Provision against standard assets	157 ,29 ,35		143 ,05 ,40
iii) Other liabilities (including provisions)	1159,11,45	3383,90,80	997 ,65 ,30	3308 ,20 ,70
TOTAL		4068,23,30		4411 ,83 ,02

SCHEDULE - 6 CASH AND BALANCES WITH RESERVE BANK OF INDIA
(Rs. in thousands)
	As on 31^st March 2009 (Current Year)		As on 31^st March 2008(Previous Year)
I. Cash in hand (including foreign currency notes)		325 ,04 ,10		343,29,16

II. Balances with Reserve Bank of India
i) In Current Accounts	3556,37,82		3550,59,19
ii) In other Accounts	Nil	3556,37,82	Nil	3550 ,59 ,19
TOTAL (I & II)	-	3881,41,92		3893 ,88 ,35

SCHEDULE - 7 BALANCES WITH BANKS AND MONEY AT CALL & SHORT NOTICE
(Rs. in thousands)
	As on 31^st March 2009 (Current Year)		As on 31^st March 2008 (Previous Year)
I. In India i) Balances with Banks in
(a) Current Accounts	171 ,75 ,19		214,57,36
(b) Other Deposit Accounts	18,46,78	190,21,97	18,18,56	232,75,92

ii) Money at call and short notice
(a) With Banks	Nil		Nil
(b) With Other Institutions	Nil	Nil	56	56
TOTAL (i & ii)		190,21,97		232,76,48
II. Outside India
Balances with Banks in
(a) Current Accounts	5 ,90 ,22		29 ,99 ,21
(b) Other Deposit Accounts	27,79,46		69 ,29 ,61
(c) Money at Call & Short Notice	Nil	33,69,68	Nil	99,28,82
TOTAL		33,69,68		99,28,82
GRAND TOTAL (I & II)		223,91,65		332,05 ,30

SCHEDULE - 8 INVESTMENTS
(Rs. in thousands)
	As on 31^st March 2009 (Current Year)		As on 31^st March 2008 (Previous Year)
A. I. Investments in India in
a) Government Securities (inclusive of treasury bills & zero coupon bonds)		16175 ,34 ,27		10581 ,20 ,76
b) Other approved securities		43 ,57 ,86		98 ,09 ,94
c) Shares		117 ,32 ,48		152 ,60 ,06
d) Debentures and Bonds		798 ,66 ,99		799 ,60 ,13
e) Subsidiaries and/or Joint Ventures		37 ,02 ,11		10 ,60 ,40
f) Others
i) Units of U T I/ Mutual funds	87 ,62 ,21		120 ,52 ,43
ii) Certificate of Deposits	237 ,57 ,70		114 ,88 ,55
iii) Commercial Papers	33 ,25 ,86		Nil
iv) PTCs	36 ,33 ,16		42 ,76 ,74
v) R I D F & Others	815,41,72	1210 ,20 ,65	362,66,23	640 ,83 ,95
TOTAL		18382,14,36		12282 ,95 ,24
II. Investments outside India		Nil		Nil
TOTAL		Nil		Nil
GRAND TOTAL (I & II)		18382,14,36		12282,95,24

B (a) Gross Investments in India	18475,91,37		12349,85,51
Less: Depreciation on Investment	75 ,12 ,59		47,15,64
Less: Provisions on Non Performing Investment	18 ,64 ,42		19 ,74 ,63	12282,95,24
Net Investment		18382 ,14 ,36		12282 ,95 ,24

(b) Gross Investment outside India		Nil		Nil
GRAND TOTAL (a+b)		18382,14,36		12282,95,24

SCHEDULE - 9 ADVANCES
(Rs. in thousands)
	As on 31^st March 2009 (Current Year)		As on 31^st March 2008 (Previous Year)
A. i) Bills purchased and discounted		961 ,50 ,98		797 ,59 ,15
ii) Cash Credits, Overdrafts & Loans repayable on demand		10986 ,87 ,47		7989 ,45 ,20
iii) Term Loans		22342,38,83		20498 ,76 ,94
TOTAL		34290,77,28		29285,81,29
B. i)Secured by tangible assets (includes advances against Book Debts)		27269 ,11 ,90		22131 ,40 ,54
ii) Covered by Bank/Government Guarantees		79 ,77 ,78		144 ,20 ,91
iii) Unsecured		6941 ,87 ,60		7010 ,19 ,84
TOTAL		34290 ,77 ,28		29285 ,81 ,29
C. I. Advances in India
i) Priority Sectors	12594,74,54		11069,99,75
ii) Public Sector	3719 ,91 ,02		3573 ,42 ,94
iii) Banks	Nil		60 ,93
iv) Others	17976,11,72	34290,77,28	14641,77,67	29285 ,81 ,29
II. Advances outside India		Nil		Nil
T O T A L (C.I & C.II)		34290,77,28		29285,81,29

SCHE DULE - 10 FIXED ASSETS
(Rs. in thousands)
	As on 31^st March 2009 (Current Year)		As on 31^st March 2008(Previous Year)
I. Premises
i. At cost as on 31st March of the preceding year	141,72,62		140,99,59
(includes increase in the value on account of revaluation of certain premises in earlier years)
ii. Addition during the year	19 ,33 ,00		73 ,03
iii. Addition on account of revaluation during the year	447 ,86 ,97		Nil
	608 ,92 ,59		141 ,72 ,62
iv. Deduction during the year	Nil		Nil
v. Depreciation to date (including Rs. 11,79,98 on account of revaluation [Previous Year Rs. 10,15,60])	99 ,21 ,59	509 ,71 ,00	68 ,23 ,73	73,48 ,89

II. Other Fixed Assets (including furniture and fixtures)
1. At cost as on 31st March of the preceding year	504 ,16 ,65		431 ,01 ,98
2. Addition during the Period	87 ,40 ,71		109 ,51 ,42
	591 ,57 ,36		540 ,53 ,40
3. Deduction during the Period	31 ,25 ,09		12 ,48 ,50
	560 ,32 ,27		528,04 ,90
4. Depreciation to date	415 ,22 ,84	145,09,43	381 ,11 ,60	146 ,93 ,30
TOTAL (I & II)		654,80,43		220,42,19

SCHEDULE - 11 OTHER ASSETS
(Rs. in thousands)
	As on 31^st March 2009 (Current Year)	As on 31^st March 2008(Previous Year)
I. Inter-office adjustments (net)	352 ,67 ,59	1022 ,88 ,95

II. Interest accrued	422 ,46 ,30	266 ,49 ,64

III. Tax paid in advance/tax deducted at source	204 ,40 ,88	218 ,98 ,33

IV. Stationery and Stamps	4 ,76 ,69	5 ,53 ,96

V. Non-banking assets acquired in satisfaction of claims	Nil	Nil

VI. Others *	612,98,26	621,88,09
TOTAL	1597 ,29 ,72	2135 ,78 ,97
*Note : Others include Net Deferred Tax Assets of Rs. 304,28,65 (Previous Period Rs.274,52,36)

SCHEDULE - 12 CONTINGENT LIABILITIES
(Rs. in thousands)
	As on 31^st March 2009 (Current Year)		As on 31^st March 2008(Previous Year)
I. Claims against the Bank not acknowledged as debts		520 ,62 ,21		275 ,44 ,84

II. Liability for partly paid investments		Nil		Nil

III. Liability on account of outstanding forward exchange contracts*		9568,09,12		10168,37,33

IV. Guarantees given on behalf of constituents
(a) In India	3099,57,91		2494,99,16
(b) Outside India	598 ,63 ,56	3698,21,47	227,93,46	2722 ,92 ,62

V. Acceptances,endorsements and obligations		1077,56,86		1450,00,07

VI. Other items for which the Bank is contigently liable		400,00,00		500,00,00
TOTAL		15264,49,66		15116,74,86
* Contingent liabilities in respect of forward exchange contracts include both sale and purchase contracts

SCHEDULE - 13 INTEREST EARNED
(Rs. in thousands)
	Year ended 31^st March 2009 (Current Year)		Year ended 31^st March 2008(Previous Year)
I. Interest / Discount on Advances/Bills		3266,59,86		2561 ,11 ,63

II. Interest on Investments	1077,21,48		945,96,22
Less - Amortisation of Investments	87 ,37 ,37	989 ,84 ,11	100 ,11 ,23	845 ,84 ,99

III. Interest on balances with Reserve Bank of India & other inter bank funds
		22 ,67 ,43		22 ,13 ,30

IV. Others		12 ,44 ,33		11 ,37 ,12
TOTAL		4291 ,55 ,73		3440,47,04

SCHEDULE - 14 OTHER INCOME
(Rs. in thousands)
	Year ended 31^st March 2009 (Current Year)		Year ended 31^st March 2008 (Previous Year)
I. Commission, exchange, and brokerage		248 ,82 ,96		208 ,39 ,48

II. Profit on sale of investments	186,43,76		85,06,35
Less : Loss on sale of Investments	10 ,17 ,70	176,26,06	6 ,68 ,33	78 ,38 ,02

III. Profit on revaluation of Investments	Nil		Nil
Less: Loss on revaluation of Investments	Nil	Nil	Nil	Nil

IV.Profit on sale of land, buildings and other assets	99 ,38		40 ,31
Less : Loss on sale of land,buildings and other assets	30 ,99	68 ,39	51 ,55	- 11 ,24

V. Profit on Exchange Transactions	15 ,81 ,00		25,55,27
Less: Loss on Exchange Transactions	1 ,16	15 ,79 ,84	3 ,30 ,71	22 ,24 ,56

VI. Income earned by way of dividends etc. from subsidiaries/
companies and/or Joint Ventures abroad/in India		3 ,51 ,80		2 ,75 ,08

VII. Miscellaneous Income		54 ,93 ,01		68,62,90
TOTAL		500,02,06		380,28,80

SCHEDULE - 15 INTEREST EXPENDED
(Rs. in thousands)
	Year_ended_31^stMarch 2009(Current Year)	Year_ended_31^stMarch 2008(Previous Year)
I. Interest on deposits	2783 ,22 ,02	2120 ,52 ,12

II. Interest on Reserve Bank of India / inter-bank borrowings	42 ,87 ,82	8 ,07 ,23

III. Others	208 ,93,64	183 ,19 ,78
TOTAL	3035 ,03 ,48	2311 ,79 ,13

SCHEDULE - 16 OPERATING EXPENSES
(Rs. in thousands)
	Year_ended_31^stMarch 2009(Current Year)	Year_ended_31^stMarch 2008(Previous Year)

I. Payments to and provisions for employees	579 ,61 ,53	485 ,29 ,50

II. Rent,taxes and lighting	78 ,42 ,42	70 ,84 ,87

III. Printing and stationery	12 ,82 ,36	12 ,63 ,25

IV. Advertisement and publicity	17 ,71 ,32	17 ,91 ,35

V. Depreciation on Bank's property	75 ,76 ,36	68 ,77 ,57
(Net of depreciation transferred to Revaluation Reserve)

VI. Directors' fees, allowances and expenses	93 ,26	57 ,61

VII. Auditors' fees and expenses (incl. branch auditors' fees and expenses)	10 ,79 ,65	11 ,91 ,88

VIII. Law Charges	3 ,97 ,99	3 ,54 ,65

IX. Postage, Telegrams, Telephones, etc.	30 ,42 ,02	11 ,50 ,44

X. Repairs and maintenance	16 ,87 ,83	18 ,85 ,06

XI. Insurance	44 ,91 ,57	37 ,15 ,64

XII. Other expenditure	90 ,75 ,53	97 ,32 ,07
TOTAL	963, 01, 84	863, 33, 89