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dm{f©H {anmoQ© Annual Report 2015-16 Green Banking. Sustainable Future. h[aV ~¢qH J & gVV ^{dî` &
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dm{f©H {anmoQ©Annual Report 2
015
-16
Green Banking. Sustainable Future.h[aV ~¢qH J & gVV ^{dî` &
Shri. M.K. Jain, MD & CEO handing over dividend to Shri. Arun Jaitley, Hon’ble Union Finance Minster, GOI
Shri. Arun Jaitley, Hon’ble Union Finance Minister,GOI addressing the gathering, on virtualinauguration of 109 Branches and 109 BNAs/Recyclers on the eve of 109 Foundation Day ofthe Bank on August 21, 2015 at New Delhi.
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Shri. M.K. Jain, MD & CEO receiving the prestigiousASSOCHAM Social Banking Excellence Award fromShri. Jayant Sinha, Hon’ble Minister of State forFinance, GoI during the 11 Annual Banking Summit,Mumbai. Indian Bank has been awarded underMedium Bank Class for
Winner UnderAgriculture BankingWinner under Urban BankingRunner up under Rural Banking
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BOARD OF DIRECTORS
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Mr Padmanaban Vittal Dass, Mr Vinod Kumar Nagar, Ms Mudita Mishra,
Mr R Subramania Kumar, Executive Director, Mr Mahesh Kumar Jain, Managing Director & CEO,
Mr T C Venkat Subramanian, Non-Executive Chairman, Mr B P Vijayendra, Mr A S Rajeev, Executive Director,
Mr Sriram Ramachandran, Mr Deepak D Samant, Mr P Venkata Krishna Rao
egk çcU/kd / GENERAL MANAGERS
Rangarajan G Udaya Bhaskara Reddy K Nagarajan Mjaxjktu th mn; HkkLdj jsìh ds ukxjktu ,e
Dharmaraj PèkeZjkt ih
Chezhian S Manimaran R Parthasarathy BpsfG;u ,l ef.kekju vkj ikFkZlkjFkh ch
Prasanth V A
ç'kkar oh ,Lakshmipathy Reddy GKrishnan S
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Om Prakash Ambasht
vkse çdk'k vac"VGopal V Venkatesa Perumal P Azad Singh Gandasxksiky oh osadVsl is#eky ih vktkn flag xaMl
Hanumanthu Sanyasiguqearq lU;klh
Chandra Reddy K Ramu AKarthikeyan MdkfrZds;u ,e pUæk jsìh ds jkew ,
S K Parida,l d¢ ifjnk
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% 254 - 260
Corporate Office : 254-260, Avvai Shanmugam Salai
Chennai - 600 014
Annual Report 2015-16
PERFORMANCE HIGHLIGHTS
( in crore)
Particulars 31-03-12 31-03-13 31-03-14 31-03-15 31-03-16
A A
A A
A A
A A
A A
Total Business 211988 249136 286634 298057 310918
Deposits (Global) 120804 141980 162275 169225 178286
Advances (Global) 91184 107156 124359 128832 132632
Investments (Gross) 38208 42056 47635 46804 53418
Interest Income 12231 13898 15249 15853 16244
Non Interest Income 1232 1283 1372 1363 1781
Total Income 13463 15181 16621 17216 18025
Interest Expenses 7813 9368 10889 11391 11798
Operating Expenses 2187 2751 2831 2811 3195
Total Expenditure 10000 12119 13720 14202 14993
Operating Profit 3463 3061 2901 3014 3032
Net Profit 1747 1581 1159 1005 711
(%) Cost of Deposits (%) 6.68 7.07 7.15 7.10 6.76
(%) Yield on Advances (%) 11.28 11.03 10.38 10.19 9.63
(%)Net Interest Margin (%) 3.43 3.09 2.60 2.50 2.33
(%) Return on Average Assets (%) 1.31 1.02 0.67 0.54 0.36
Equity Share Capital 430 430 465 480 480
400 400 0 0 0Perpetual Non-Cumulative Preference Share Capital
Reserves & Surplus (excluding Revaluation Reserve) 8808 10009 11071 12078 12998
Net Worth 9638 10839 11536 12558 13478
(%) Gross NPA (%) 2.03 3.33 3.67 4.40 6.66
(%) Net NPA (%) 1.33 2.26 2.26 2.50 4.20
Capital Adequacy Ratio
- II - Basel II 13.47 13.08 13.10 13.24 13.67
- III - Basel III 12.64 12.86 13.20
( ) Earnings Per Share ( ) 39.57 35.80 26.07 21.62 14.81
( ) Book Value per Share ( ) 214.94 242.89 248.16 261.46 280.63
( ) Dividend per Equity Share ( ) 7.50 6.60 4.70 4.20 1.50*
No. of branches (Nos.) 1958 2092 2253 2412 2565
No. of employees (Nos.) 18782 18870 19429 20294 20140
Business per employee ( in lacs) 1114 1301 1453 1443 1531
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* Proposed
. . . .
S.P. PURI & CO. C.K. PRUSTY & ASSOCIATES PADMANABHAN RAMANI & RAMANUJAM
G BALU ASSOCIATES PRAKASH CHANDRA JAIN & CO.
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: 254-260,Corporate Office : 254-260, Avvai Shanumugam Salai
Chennai - 600 014
Annual Report 2015-16
fo"k;oLrq CONTENTSi`"B la
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. Page No.
Financial Statements – Indian Bank
Consolidated Financial Statements
Indian Bank
Investor Services Cell
Share Transfer Agent
Cameo Corporate Services Limited
Unit : Indian Bank
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1 Chairman's Message 4
7 MD & CEO’s Message 10
14 Directors’ Report 15
26 Management Discussion and Analysis 27
100 Report on Corporate Governance 101
138 Auditors’ Certificate on Corporate Governance 139
142 Balance Sheet, Profit and Loss Account and Schedules 142
152 Significant Accounting Policies 153
162 Notes on Accounts 163
224 Auditors’ Report 225
228 Balance Sheet, Profit and Loss Account and Schedules 228
236 Significant Accounting Policies 237
250 Notes on Accounts 251
276 Auditors’ Report 277
Additional Disclosures 279
. 254-260, No.254-260, Avvai Shanmugam Salai
Royapettah
– 600 014 Chennai - 600 014
044 28134076; Fax No.044 28134075 Tel No. 044 28134076; Fax No. 044 28134075
: [email protected] E – Mail : [email protected]
, Subramanian Building, 1, Club House Road
– 600 002 Chennai - 600 002
044 28460718; . 044 28460129 Tel No. 044 28460718; Fax No. 044 28460129
: [email protected] E – Mail : [email protected]
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4
Chairman’s Message
It gives me immense pleasure to present the Annual Report of
your Bank for the Financial Year 2015-16.
At the outset, I would like to express my deep sense of
gratitude for your continuous trust, support and loyalty
extended to the Bank. On the eve of completion of its
109 year of operations, Bank had opened 153 branches and
440 ATMs / BNAs in the current year to touch 5346 delivery
points, including 2562 Brick & Mortar branches and
2784ATMs (including 253 Bunch Note acceptors enabled with
cash recycling functionality), towards enhancing its -India
network and to extend its reach to the under-banked and
unbanked areas.
I am pleased to report that during the year 2015-16, Bank not
only displayed its resilience to challenges in the Indian
economy, but also sustained its performance by surpassing
the National goals under Priority Sector lending for each
category viz., Level of 40.85% (Mandatory 40%) under Priority
Sector advances, 18.68% (18%) in Agriculture, 11.30% (10%)
for Advances to weaker sections and 8.12% (7%) in lending to
Micro Enterprises under MSME.
From the global economic perspective, the recovery
continues, but at a slow and increasingly fragile pace.
Projection for global growth in 2016 is a modest 3.2%, broadly
in line with last year. The recovery is projected to strengthen in
2017 to 3.5% and beyond, driven primarily by emerging
market and developing economies, as conditions in stressed
economies start to normalize gradually.
Global growth is projected to increase further beyond 2017, to
just below 4% by the end of the forecast horizon in 2021,
th
pan
Dear Shareholders,
Economic overview - Global
reflecting a further pickup in growth in emerging market and
developing economies. This outcome relies on a number of
important assumptions which are subject to sizable downside
risks viz., gradual normalization of conditions in several
economies currently under stress, pickup in activity in
commodity exporters, successful rebalancing of China's
economy and resilient growth in other emerging market and
developing economies. In this context, the gradual increase in
the global weight of fast-growing countries such as China and
India would also play a role in boosting global growth.
Growth in advanced economies is expected to be modest
under the baseline, reflecting subdued demand and a broad-
based weakening of potential growth. The main factors
underlying the weakening in potential growth are population
aging, which would reduce trend employment at current rates
of labour market participation, sluggish investment and
weakening of total factor productivity growth. This fragile
conjuncture increases the urgency of a broad-based policy
response that safeguards near-term growth, while raising
potential output, and manages vulnerabilities. The policy
priorities for securing higher and sustainable growth are:
structural reforms, continued monetary policy accommodation
and fiscal expansion.
Going forward, there is a need for multilateral actions to boost
growth while containing risks at this critical stage of global
recovery. In the larger economies there should be proactive
identification of additional policy actions that could be
implemented quickly if there are signs that global downside
risks are about to materialize, global financial safety net
should be strengthened to protect emerging economies who
are commodity exporters from high susceptible shocks and
protecting economies from spillovers from non-economic
shocks.
Shri. T C Venkat SubramanianNon-executive Chairman
The Indian Economy has emerged as
a in the world economy,
becoming one of the fastest growing
economies in the world.
'bright spot'
“
5
Emerging and Developing Economies are expected to
contribute lion's share in the global growth in 2017 with a
projected growth of 4.6% as compared to 2.0% growth in
Advanced Economies. Global trade growth is projected to
remain moderate but to pick up gradually from 2016 onward,
primarily reflecting stronger growth in domestic demand in
emerging market and developing economies.
The Indian economy has emerged as a bright spot in the world
economy, becoming one of the fastest growing economies
in the world. Several factors make India an attractive emerging
market. India is a net oil importer and the decline in oil prices
has helped in bringing the inflation down. The latest
Gross Domestic Product (GDP) growth data released by the
Central Statistics Office show that India's economy expanded
by 7.9% in the three months ended March 2016, a sharp
acceleration from the marginally downsized 7.2% achieved in
the preceding quarter The result of the strong fiscal
fourth-quarter performance is that growth for the full year was
lifted to 7.6%, from 7.2% in 2014-15, 6.6% in 2013-14 and
5.6% in 2012-13. This growth is noteworthy, having been
achieved despite a prolonged and widespread drought, which
would certainly have dampened rural demand
Gross Value Added (GVA) at basic prices provisionally grew
7.2% for the full year, barely improving from the 7.1% posted in
2014-15, and slower than the Reserve Bank of India's
projection for 7.4% growth. The GVA figure is significant
because it strips the impact that taxes and subsidies have on
the overall GDP number.
The outlook for the current quarter and the rest of this year may
hinge a lot on this year's monsoon: firstly, in terms of the
volume of rainfall, and then critically in its geographical and
seasonal distribution. Similarly the onus of providing some
investment stimulus may depend on increased public
expenditure outlays in as much as private sector investment
having slowed and showing barely any signs of revival.
Government's various initiatives such as
, and and the
implementation of the Seventh Pay Commission is expected
to boost demand in the economy. Another key focus of the
Government of India is to revive the rural economy which has
not shown a major growth owing to severe drought across the
country and spatial rainfall. Given the positive indication of
.
.
'Make in India',
'Stand Up India' 'Start Up India' 'Digital India'
Economic overview - Domestic
normal monsoon across the country as per Indian
Meteorological Department (IMD), growth in agriculture is
expected, which would boost the economy and would also
create more rural demand. The movement of both the rural
and urban demand would shape the economic growth in the
long run and help reach the potential 8 per cent growth.
For the banking sector, the year 2015-16 had been a turbulent
one due to worsening asset quality and its implication on the
credit risk profile of banks. The asset quality challenges have
been exacerbated by softening commodity prices and
economic headwinds (both domestic and international),
which have significantly impacted key sectors such as
infrastructure, power, steel and construction.
Bank's Business level crossed the milestone of
3,00,000 crore during the year. The Business grew by
4.31% to 3,10,918 crore for the year ended March 2016.
While Deposits grew by 9061 crore or 5.35 % to
1,78,286 crore, Advances grew by 3800 crore or
2.95 % to 1,32,632 crore.
Operating profit of the Bank was at 3032 crore while
Net Profit stood at 711 crore.
Networth of the Bank increased to 13,478crore.
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Performance of Banking Sector:
Bank's Business and FinancialAchievements
Deterioration in asset quality has an impact on profitability and
capital requirement for Basel III compliance. The other
challenges for banking sector are the entry of Small Finance
and Payment banks backed by digital platforms with zero
legacy, attrition of young employees and retirement of
experienced staff, disintermediation with availability of
alternate sources of funds to corporate sector through bonds
and Commercial Papers. Another important challenge on
banks' profitability is the implementation of International
Financial Reporting Standards (IFRS).
In FY 2016, credit growth of all Scheduled Commercial Banks
improved to 11.3% as against 9.0% in the previous year while
Deposits growth declined from 10.7% in the previous year to
9.9% in FY 2015-16.
Against this backdrop, I would like to give an overview of the
Bank's performance in important parameters.
6
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Earnings per share (annualised) and Book Value per
share were at 14.81 and 280.63 respectively. Return
on Equity was at 5.46 % for FY 2015-16.
Bank's financial soundness as reflected by the CRAR
(Capital to Risk weighted Assets Ratio) was strong with
CRAR at 13.20% under Basel III as at end March 2016.
Bank is consistently at the top in respect of this ratio and is
sufficiently capitalized.
I am also happy to inform you that the Board of Directors of the
Bank has recommended a dividend of 15%. The confidence of
4.25 crore customers has inspired us to put in consistently
better performance year after year.
The focus of the Bank would be to push credit to small and
medium enterprises and retail customers to grow the overall
loan book by identifying MSME, Mid corporate, retail and
agriculture as the drivers of credit growth for the current
Financial Year. The retail loan book will in turn be driven by
housing loans with reliance on fast-growing MSME sector
where prospects are high given the attention this sector is
receiving from the Government.
` `
Looking ahead
For a dedicated focus on Retail & Mid Corporate segment, the
bank is in the process of creating Verticals in three major
areas, viz., Mortgage loans including Home loans, Mid
Segment comprising of MSME and Mid Corporate loans and
Other Retail Loans including Agriculture, Small and Micro
Enterprises.
With the continued support of our shareholders, customers,
well-wishers and the unrelenting efforts of our employees,
together with the support of the Government of India and the
Reserve Bank of India, I am sure, your Bank will continue to
strive to move ahead in its quest for excellence.
With best wishes
Yours sincerely
T C VENKAT SUBRAMANIAN
NON-EXECUTIVE CHAIRMAN
7
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10
MD & CEO's Message
Dear Shareholders,
I am pleased to place Annual Report of your Bank for the
Financial Year 2015-16. On this occasion, I would like to thank
you for your continued support and loyalty which enabled the
Bank to better its performance and position itself admirably in
the industry, especially in terms of its bottom line in the
otherwise turbulent banking environment.
During FY 2015-16, the world economy continued to grow at a
moderate and uneven pace, encumbered by both the legacies
of the global financial crisis and a number of new challenges.
The weak global scenario in turn had its impact in the domestic
economy as well. As the banking sector remains vulnerable to
exogenous shocks, there was muted demand for credit from
banks, accentuated by slowdown in economy and increase in
stressed assets in the banks. This in turn constrained credit
delivery.
The Economy has since started looking up and commenced
showing signs of revival with impetus for growth provided by
Government of India through its various policy interventions
and enactment of laws.
In its stride towards creating a strong, efficient and sound
organisation, Bank had achieved many significant milestones
this year. I am happy to inform that the Bank has surpassed the
milestone of 3,00,000 crore business in FY 2015-16.
The Bank has been self sustaining in terms of capital by
continuous plough back of profit and has been continuously
maintaining its track record of paying dividends to its
shareholders since 2007.
Amidst such a challenging environment, Bank as a strategic
move, consolidated its loan book by shifting its focus towards
retail business. Towards reducing cost of the deposits,
conscious decision was taken to augment resource
mobilization by increasing the proportion of retail deposits,
with specific focus on growth of CASA. Reinforcing the
strength of the Bank in Agriculture and MSME, credit growth
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Economic overview
Your Bank's performance
primarily aimed at improving the retail business with specific
focus on these traditional areas besides mortgage loans and
various other retail loans. In addition, maintaining asset
quality was accorded top priority by restricting incremental
non-performing assets through early detection, monitoring,
corrective action plans, shared information and disclosures to
keep future recurrence in check.
Against this backdrop, I would like to present a snapshot of the
Bank's performance in key parameters.
Business grew by 4.31% to 3,10,918 crore for the year
ended March 2016 with growth of deposits by 9061 crore
(5.35%) to 1,78,286 crore andAdvances by 3800 crore
2.95%) to 1,32,632 crore.
Operating profit of Bank was at 3032 crore while Net
Profit stood at 711 crore.
Bank's strong capitalization provides cushion against
asset side risks. With CRAR at 13.20 % under Basel III as
at end March 2016, the Bank is consistently at the top in
the industry in respect of this ratio. Bank was ranked first
among Public Sector Banks under Capital adequacy and
Core Capital (%) parameters on Financial Express
Ranking of India's Best Banks 2015.
Return on Assets at 0.36% continues to be the best
among Nationalised Banks.
Adequate resource profile with proportion of low-cost
current account and savings account (CASA Domestic)
deposits at 31.94%, recorded a growth of 14.81% (y-o-y)
to touch 55,153 crore. CASA growth enabled the Bank
to be ranked 4 among Nationalized Banks
Saving Bank Deposits (Domestic) recorded a (y-o-y)
growth of 15.57% to reach 46,407 crore.
High proportion of retail deposits at around 83% of total
deposits as on 31.03.2016 was indicative of the strong
brand value of the Bank.
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Financial highlights
Bank envisages to position itself as a
in
the Medium to Long Term plan.
“Mid Sized Bank with focus on
Retail & Mid Corporate segment”
Shri. Mahesh Kumar JainManaging Director &
Chief Executive Officer
“
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To provide a strong footing for managing the cost of
deposits, Bank consciously focused on retail deposits and
in the process proportionately reduced high cost bulk
deposits (PDs and CDs) to the tune of 5,782 crore during
the year 2015-16.
Achieving National goals set by Government of India was
on top of the Bank's agenda and the norms stipulated
were duly met i.e. Priority Sector Advances at
50,333.52 crore was 40.85% of the Adjusted Net Bank
Credit (ANBC) and Agriculture lending which at
23,017.56 crore was 18.68% of the Adjusted Net Bank
Credit (ANBC) as on March 31, 2016.
Bank has 73 specialised branches across the country
exclusively catering to the Micro Small & Medium
Enterprises (MSME) sector; the MSME portfolio
increased by 12.81% to 21,031.56 crore from
18,642.95 crore.
Gross NPAs to GrossAdvances ratio and Net NPAs to Net
Advances ratio stood at 6.66% and 4.20% respectively as
on 31 March 2016. The total stressed book reduced from
12.12% as on 31.03.2015 to 11.46% as on 31.03.2016.
Towards enhancing its India network and to extend its
reach to the under-banked and unbanked areas, 153
branches and 440ATMs/BNAs were opened in the current
year to touch 5346 delivery points, including 2562 Brick &
Mortar branches and 2784 ATMs. This included 253
Bunch Note acceptors enabled with cash recycling
functionality.
Bank has international presence in Singapore and
Colombo & Jaffna in Sri Lanka.
For specialized lending to SHGs, Bank has exclusive
43 Microsate branches. These branches have extended
credit to the tune of 500.20 crore covering 12627 SHGs
during FY 2015-16 and the total outstanding advances as
at end-March 2016 stood at 701 crore covering 36,195
SHGs.
Bank was in the forefront in Flood relief measures during
the “Chennai Floods” which affected Chennai, its suburbs
and nearby districts viz., Kancheepuram, Tiruvallur,
Cuddalore and Villupuram were severely affected due to
heavy rain and flood.
Bank extended fresh loans amounting to 935 crore to
75518 flood affected victims.
Bank's staff despite being themselves impacted during
the catastrophe arranged for disbursal of cash using
Micro/BoatATMs during the crisis period. The effort of the
Bank was recognized by NPCI in the form of a prestigious
award.
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Social Responsiveness
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Swachh Bharat Abhiyan
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Passbook Kiosks
Mobile Application “IndPay”
Ind MobiEasy', .
e-Lounges at 102 locations
440 new ATMs/BNAs
Internet Banking
: Bank as an organization rose
upto the National call from the Hon'ble Prime Minister with
great enthusiasm, undertaking the activity of maintaining
cleanliness not only within its premises but also outside by
cleaning an area in Marina Beach, Chennai
Realizing the importance of blood in saving lives, the Bank
had arranged 102 Blood donation camps -India and
solicited 4346 blood units Towards ensuring the well
being of the citizens of the country, various health
initiatives were undertaken which included 137 Health
camps benefitting 21157 persons and Eye/organ donor
camps numbering 2433 volunteered for the donation.
In its stride towards offering better digitalized service for its
customers towards their empowerment, Bank had initiated
several technology initiatives during the year, notable among
them being:
at 216 locations, resulted in migration
of 24% of branch transactions and enhanced customer
convenience relating to printing of passbook.
attracted 4.88 lakh
registrations since launch with monthly financial /
non-financial transactions crossing 30 lakh numbers. QR
based 'Scan and Pay' feature being the latest addition in
this application.
an USSD based MobileApp
, ensuring availability of
basic banking services to customers on 24X7 basis, with
facility to deposit/withdraw cash..
installed resulting in migration of
59% of branch transactions, facilitating convenience of
banking.
platform catering to the banking
requirements of 11.2 lakh customers as on 31.03.2016
registered a growth of 25% in terms of transactions.
Realizing its duty towards the Society for providing a clean
and pure environment, Bank as a green initiative measure
had planted 1,20,273 saplings across the country.
As an energy conservation measure, roof top Solar
system and LED fixtures were installed at Corporate
Office and other Offices, resulting in saving of around
4 - 5% in energy consumption at Corporate Office alone.
In its service towards the less privileged and under privileged
sections of the society, Bank had performed commendably
under Pradhan Mantri Jan-Dhan Yojana (PMJDY) ensuring
access to financial services and timely & adequate credit to the
excluded sections is as follows:
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Leveraging Technology
Green Initiatives
Financial Inclusion initiatives
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29.93 lakh Basic Savings Bank Deposit Accounts (BSBD)
opened and RuPay Cards issued to 29.59 lakh BSBD
Account holders as on 31.03.2016. By doing so, Bank
continues to be a leader in this segment also.
Highest ratio of RuPay Debit card issuance to accounts
opened i.e. 98.86%.
100% of PoS (Point of Sales) devices enabled for carrying
out RuPay Card transactions as against the industry
average of only 49.89%.
2975 Sub Services Areas (SSAs) and 2023 Urban wards
allotted by various State Level Bankers' Committee
(SLBCs) under PMJDY. All the 2975 SSAs provided with
banking services and of these, 2517 SSAs are provided
banking services through Bank Mitrs (Business
Correspondents) and 458 SSAs through Branches.
Bank was bestowed with coveted awards in FY 2015-16,
notable among them being:
(for
highest lending to Self Help Groups during 2012-13 and
2013-14), received from Hon'ble Chief Minister,
Tamilnadu, Selvi J Jayalalitha.
viz.,
Winner Medium Bank Class for Agriculture Banking,
Winner Medium Bank Class for Urban Banking and
Runner up under Medium Bank Class Rural Banking
in the state of Tamil Nadu and
Puducherry, for the year 2014-15.
for the period ended
December 2015 and 4 position among all banks upto
March 2016.
among all banks in issue of Sovereign Gold
Bonds (2 tranches).
from among 920 participants viz., NACH –
Winner Award (APB/NREGA Payments), NFS – Joint
Winner Award (ATM Operations), CTS – Joint Winner
Award (Cheque Truncation).
for making cash available through Micro-
ATMs and Aadhar identification to flood stranded people
in Chennai.
for “IB Smart
Remote” MobileApplication.
for the Best
Technology Innovation was conferred on the Bank for the
Technology product 'E-Purse'.
“Best Performing Public Sector Bank Award”
Assocham Social Banking Excellence Awards
Top awards instituted by NABARD, for SHG Bank
Credit Linkage
2 Best Performing Bank among Public Sector Banks
in mobilization of APY subscribers
2 position
4 NPCI (National Payments Corporation of India)
Awards
Special award
SKOCH Technology Innovation Award
Banking Frontier's Finnoviti Award
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Awards andAccolades
Way forward
MAHESH KUMAR JAIN
MD & CEO
The current financial year 2016-17 is expected to be the year
of growth with positive indication of monsoon and resultant
boost in rural demand in the economy. Various policy initiatives
implemented by the Government is expected to rally the
manufacturing sector and employment in the economy. Other
key economic indicators are also expected to aid growth in the
economy with inflation estimated to moderate assuming
normal monsoon, increase in growth in key core sectors and
investment climate is estimated to grow further owing to efforts
taken by the Government to improve the ease of doing
business.
The Bank envisages to position itself as a
in the
Medium to Long Term plan. For a dedicated focus on Retail &
Mid Corporate segment, the Bank is in the process of creating
Verticals in three major areas, viz., Mortgage loans including
Home loans, Mid Segment comprising of MSME and Mid
Corporate loans and Other Retail Loans including Agriculture,
Small and Micro Enterprises.
These Verticals would bring in the desired focus and achieve
the minimum Turn-around-time by reducing touch points for
customers. Digitizing the end-to-end operations would result
in much desired efficiency and reduce the cost of operations
and enhance customer experience. These focused Verticals
with outreach mostly amongst individual customers will
increase the retail customer proportion in our Customer profile
and enable the Bank to meet their aspirations and
expectations. The Verticals would be supported by aggressive
marketing strategies with a young and tech-savvy outbound
team and ensuring quality of assets through a centralized
Portfolio Audit exercise. These approaches would improve
the wallet share and thereby the profitability of the Bank.
Bank is also undertaking Business Process Engineering to
improve the operational efficiency coupled with Human
Resources transformation to increase the productivity.
Financial Inclusion will expand and implement at urban
locations as well enabling the Bank to reach every segment of
the society.
I am confident that with your continued patronage and our
concerted efforts, Bank would be able to surge ahead and
further enhance stakeholders' value.
With best wishes
Yours sincerely
“Mid Sized Bank
with focus on Retail & Mid Corporate segment”
13
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2015-16 2014-15
funs'kdksa dh fjiksVZ 2015&16
14
To
The Members,
Your Directors have immense pleasure in presenting the
Bank's Annual Report along with the Audited Statement of
Accounts and the Cash Flow statement for the year ended
31 March 2016.
The major highlights of your Bank's performance during
FY 2015-16 are as follows:
Global Business of the Bank reached 3,10,918 crore
during the year, registering a growth of 4.31%.
Total Deposits grew by 9061 crore, i.e. 5.35% for the
financial year 2015-16 t o 1,78,286 crore.
Gross Advances at 1,32,632 crore, registered an
increase of 3800 crore i.e. 2.95% as on 31.03.2016.
Overall Credit-Deposit ratio was at 74.39%.
Priority Sector Advances was at 50,333.52 crore as on
31.03.2016 and accounted for 40.85% of Adjusted Net
Bank Credit (ANBC).
Agriculture Credit was at 23,017.56 crore and accounted
for 18.68% of ANBC.
In accordance with the priorities accorded by the
Government of India, the Bank's Advances to SC/STs
reached 2146.34 crore as of March 31, 2016, constituting
4.55% of total Priority SectorAdvances.
Net Interest Margin was at 2.33% in FY 2015-16.
Operating Profit increased to 3032.09 crore as against
3013.71 crore in FY 2014-15.
Net Profit for FY 2015-16 was at 711.38 crore as
compared to 1005.17 crore for 2014-15.
Return onAverageAssets was at 0.36%.
Capital Adequacy Ratio (BASEL III) was at 13.20% as
compared to 12.86% as of March 31, 2015.
Return on Net worth for FY 2015-16 was at 5.46%, as
compared to 8.34% in FY 2014-15.
Gross NPA was at 6.66% as against 4.40% in
March 31, 2015 while Net NPA was at 4.20% as against
2.50% in March 31, 2015.
Total recovery of NPAs during FY 2015-16 amounted to
901 crore as against 848 crore in the previous year.
st
FINANCIAL HIGHLIGHTS
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Earnings per share were at 14.81 and Book value was at
280.63 as on 31.03.2016.
Total domestic branch network of the Bank in India
increased to 2562 from 2409 as on 31.03.2016. Besides,
the Bank has 3 overseas branches, taking the total branch
network to 2565.
Total number ofATMs increased to 2531 as on 31.03.2016
from 2344 as on 31.03.2015, which includes 649 offsite
ATMs and customers can access more than 2.21 lakh
ATMs in the (NFS) shared network.
During the year, Bank deployed 253 Cash Deposit
Machines / Bunch Note Acceptors with recycling
functionality, wherein the machines can receive and
dispense cash to the customers. Bank installed
102 e-lounges at various locations, which are unmanned
kiosks with BNAs, secured pass book printers and cheque
deposit machines with 24 x 7 operations on all days
including holidays.
During the year, total income of the Bank increased by
4.70 per cent to 18,025.20 crore, with Interest Income at
16,243.79 crore and Other Income at 1781.42 crore.
The Bank's total expenditure increased by 790.54 crore
(5.57%) to 14,993.11 crore.
Total operating expenses was at 3195.51 crore for
FY2015-16 as compared to 2810.92 crore in FY2014-15.
(in %)
Yield on Advances 9.63 10.19
Cost of Deposits 6.76 7.10
Return on Assets 0.36 0.54
Cost Income ratio 51.31 48.26
Business per employee ( in lakh) 1531.19 1443.40
Profit per employee ( in lakh) 3.53 4.95
The Board of Directors has recommended a dividend of
15% for FY 2015-16. The dividend shall be subject to tax
on dividend to be paid by the Bank. The total outflow on
account of dividend for FY 2015-16 is 72.04 crore,
excluding dividend tax. The payout ratio works out to
10.13%.
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INCOMEAND EXPENDITURE
IMPORTANT RATIOS FOR THE PERIOD OF 2015-16 ARE
AS UNDER:
Parameters 2015-16 2014-15
DIVIDEND
DIRECTORS' REPORT 2015-16
15
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11.68 10.61
12.08 10.61
1.12 2.25
13.20 12.86
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16
NETWORTHAND CRAR
BASEL IIIAs on
March 2016 March 2015
RECRUITMENT / TRAINING
CHANGES IN THE BOARD DURING THE YEAR
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Networth of the Bank improved to 13,478.35 crore as on
31.03.2016 from 12,557.73 crore as on 31.03.2015,
registering a growth of 7.3%.
As per Basel III norms, the Capital to Risk Weighted
Assets Ratio (CRAR) was at 13.20% as on March 2016,
compared to 12.86% as of March 2015, against the
minimum requirement of 9.625%. The CET - I ratio was
11.68% as of March 2016 as compared to 10.61% as of
March 2015 and against the minimum requirement of
6.125%. The CRAR of Tier I capital was 12.08% as of
March 2016 as compared to 10.61% as of March 2015 and
as against the minimum requirement of 7.625%.
(in %)
CET - I 11.68 10.61
Tier- I Capital 12.08 10.61
Tier-II Capital 1.12 2.25
Total 13.20 12.86
As per Government guidelines, pre-recruitment and
pre-promotion trainings were offered to SC/ST employees
during the process of direct recruitment and internal
promotions.
Shri. T M Bhasin was Chairman & Managing Director upto
March 31, 2015.
Shri. B Rajkumar, Executive Director demitted office
on May 31, 2015 on superannuation.
Shri. T M Bhasin, Managing Director & CEO demitted
office on June 10, 2015 on his appointment as Vigilance
Commissioner in CVC.
Shri M K Jain, Executive Director was MD & CEO
( A d d i t i o n a l C h a r g e ) f r o m J u n e 11 , 2 0 1 5
to November 1, 2015.
Shri M K Jain assumed charge as MD & CEO
on November 2, 2015.
Shri T C Venkat Subramanian assumed charge as
Part-Time Non-Official Director & Non-Executive
Chairman onAugust 14, 2015.
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Ms. Mudita Mishra was appointed as Government of India
nominee to the Board on January 07, 2016 in place of
Dr. N Srinivasa Rao who ceased to be Director from
December 15, 2015.
Shri. R Subramania Kumar assumed charge as Executive
Director on January 22, 2016.
Shri. A S Rajeev assumed charge as Executive Director
on January 22, 2016.
The Directors confirm that in the preparation of the annual
accounts for the year ended March 31, 2016: –
The applicable accounting standards have been followed
along with proper explanation relating to material
departures, if any;
The accounting policies framed in accordance with the
guidelines of the Reserve Bank of India, were consistently
applied;
Reasonable and prudent judgment and estimates were
made so as to give a true and fair view of the state of affairs
of the Bank at the end of the financial year and of the profit
of the Bank for the year ended March 31, 2016.
Proper and sufficient care were taken for the maintenance
of adequate accounting records in accordance with the
provisions of applicable laws governing banks in India;
and
The accounts have been prepared on a going concern
basis.
The Board expresses its deep sense of gratitude to the
Government of India, Reserve Bank of India and Securities &
Exchange Board of India for the valuable guidance and
support received from them. The Board also thank the
financial institutions and correspondent banks for their
co-operation and support. The Board acknowledges the
unstinted support of its customers and shareholders.
The Board places on record its appreciation for the valuable
contribution made by Shri T M Bhasin, Shri B Raj Kumar and
Dr. N Srinivasa Rao who ceased to be members during the
year.
The Board places on record its appreciation for the dedicated
services and contribution made by members of staff for the
overall performance of the Bank.
For and on behalf of Board of Directors
DIRECTORS' RESPONSIBILITY STATEMENT
ACKNOWLEDGEMENT
MAHESH KUMAR JAIN
Managing Director & CEO
17
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18
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Hon'ble Chief Minister, Tamilnadu, Selvi J Jayalalithaa
handed over “Best Performing Public Sector Bank
Award”(for highest lending to Self Help Groups during
2012-13 and 2013-14) to Shri.M.K.Jain, MD&CEO.
Bank bagged 4 NPCI (National Payments Corporation of
India)Awards from among 920 Participants:
NACH – WinnerAward (APB/NREGAPayments)
NFS – Joint WinnerAward (ATM Operations)
CTS – Joint WinnerAward (Cheque Truncation)
Special award bestowed on the Bank for making cash
available through Micro - ATMs and Aadhar
identification to flood stranded people in Chennai.
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The Bank was awarded SKOCH Technology Innovation
Award for “IB Smart Remote” MobileApplication.
Banking Frontier's FinnovitiAward for the Best Technology
Innovation was conferred on the Bank for the Technology
product 'E-Purse'.
AWARDS AND ACCOLADES FOR FINANCIAL YEAR 2015-16
19
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cSad us o"kZ 2014&15 ds fy, rfeyukMq ,oa iqnqPpsjh jkT; esa Lo;a lgk;rk
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f}rh; ,oa r`rh; iqjLdkj çkIr fd;kA
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rfeyukMq esa {ks=h; xzkeh.k cSad ds fy, iqjLdkj esa bafM;u cSad çk;ksftr
{ks=h; xzkeh.k cSad uker% iYyou xzke cSad dks çFke iqjLdkj ls lEekfur
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xzkeh.k cSad uker% iqnqoS Hkkjfr;kj xzke cSad dks çFke iqjLdkj çkIr gqvkA
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xzkgdksa ds ykecanh esa nqljk loZJs"B fu"ikfnr cSad vkSj ekpZ 2016 rd
lHkh cSadksa esa pkSFkk LFkku çkIr fd;k gSA
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Bank won 3Assocham Social Banking ExcellenceAwards–
Winner Medium Bank Class forAgriculture Banking
Winner Medium Bank Class for Urban Banking.
Runner up under Medium Bank Class Rural Banking
Bank bagged top awards instituted by NABARD, for SHG
Bank Credit Linkage in the State of Tamil Nadu and
Puducherry, for the year 2014-15.
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For Tamil Nadu, Bank bagged the award for first place.
Bank has disbursed fresh loans amounting to
1301.40 crore to 45589 SHG groups in Tamil Nadu during
the FY 2014-15.
In respect of awards for Lead districts, Bank bagged
all the three awards distributed under this
category. Krishnagiri, Kancheepuram and Vellore
districts where Bank holds the Lead bank
responsibility bagged the first, second and third prize
respectively.
In the UT of Puducherry, Bank bagged the
third prize.
Under the awards meant for Regional Rural Banks in
Tamil Nadu, Bank sponsored RRB viz., namely Pallavan
Grama Bank was awarded the first prize. In the Union
Territory of Puducherry also, Bank sponsored RRB
viz., Puduvai Bharathiar Grama Bank bagged the first
prize.
Bank has been awarded as the 2 Best Performing
Bank among Public Sector Banks in mobilization
of APY subscribers for the period ended December 2015
and 4 position among all Banks upto March 2016.
Bank is in the 2 position among all Banks in the issue of
Sovereign Gold Bonds Scheme (2 tranches).
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fuEufyf[kr jkgr mik;@dk;Z fd;s x;sA
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fo'ks"k cSBd dh v/;{krk esa fy;s x;s fu.kZ; ds vk/kkj ij fofHkUu oxksZa ds
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mi egk izcU/kd ;qDr O;kikj fujarjrk ;kstuk ¼chlhih½ ny dk xBu
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lHkh LVkQ lnL;ksa dks ,,e,l Hksts rkfd ck<+ ds nkSjku fdlh Hkh lgk;rk
ds fy, chlhih ny dks laidZ dj fd;k tk ldsaA
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24 yk[k xzkgdksa dks ,l,e,l Hksts x;s] bl Øe esa vapy izcU/kdksa }kjk
ck<+ ihfMr {ks=ksa esa lHkh 'kk[kkvksa@,Vh,eksa dk irk yxkus rFkk mudk dk;Z
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ekuuh; dsUnzh; foRr ea=h Jh v#.k tSVyh ck<+ ihfMr dks psd
iznku djrs gq,A lkFk gS Jh vks iUuhj lsYoe] rfeyukMq ds
ekuuh; foRr ea=h rFkk Jh egs'k dqekj tSu] izca-fu ,oa
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o"kkZ@ck< jkgr gsrq ,d fo'ks"k iksVZy lfØ; fd;k x;k rkfd t:jreanturk dks lgk;rk iznku dh tk lds vkSj iksVZy ds tfj, izkIr vuqjks/k dhrqjUr fuiVk;s x;sA
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,Vheksa ds tfj, lfoZl fn;k x;k rFkk ck<+ ihfMr {ks=ksa esa udn
laforj.k fd;k x;kA
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cSad }kjk ck<+ ds nkSjku fy;s x;s dne
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During the first week of December 2015, Chennai and
suburbs and nearby districts viz., Kancheepuram,
Tiruvallur, Cuddalore and Villupuram were severely
affected due to heavy rain and flood.
Branches functioning in those areas were also affected
and the following relief measures/actions were extended
by the Bank.
Bank extended relief package on the lines of decision
taken at SLBC and in the special meeting chaired by the
Hon'ble Union Finance Minister, to various segments of
the customers.
Besides, restructuring the eligible accounts, Bank
extended fresh loans amounting to 935.84 crore to
75518 flood affected persons.
Bank disbursed a relief amount of 505 crore released by
Government of Tamil Nadu to 9.51 lakh flood affected
persons.
Bank formed a Business Continuity Plan (BCP) team with
2 General Managers and 1 DGM to supervise the
Business Continuity.
Bank's operations at Primary Data Centre at Chennai
were shifted to Disaster Recovery site at Hyderabad to
ensure uninterrupted service to flood affected customers.
Bank's MD & CEO, Shri Mahesh Kumar Jain sent SMS to
all sta
Hon'ble Union Finance Minister Shri. Arun Jaitley
handing over a cheque to a flood affected person,
at a function held at IMAGE, Chennai on 20.12.2015.
Shri.O.Paneerselvam, Hon'ble Finance Minister for
Tamil Nadu and Shri. Mahesh Kumar Jain, MD and CEO,
Indian Bank participated.
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ff members to contact the BCP Team for any type of
assistance during the floods.
SMS were also sent to 24 lakh customers by MD & CEO
extending support which was followed up with Zonal
Managers of flood affected areas to ascertain and ensure
the functioning of all branches/ATMs for extension of
required assistance.
On 06.12.2015, branches in the flood affected districts
(Chennai, Kancheepuram, Tiruvallur, Villupuram and
Cuddalore) functioned to assist the flood affected people.
Special Portal for rain/flood relief was enabled to extend
help to needy public and requests received through the
portal were attended immediately.
586 ATMs and 371 branches of Bank were affected due to
flood. The customer cash requirements were attended by
branches immediately by adopting the following proactive
measures.
Mobile ATM vans available with Chennai South and
North Zones were used to make ATM cash
disbursement. ATM users of all banks were able to
withdraw money through ourATMs at their doorsteps.
Sufficient measures were taken in flood affected areas
to ascertain and ensure the functioning of all branches /
ATMs by supplying generators at locations where
power supply was affected.
Financial transactions were carried out in the flood
affected areas by carrying Laptops with GPRS
connections, by branch personnel.
Boat service through Lobby ATMs was provided by
carrying laptops with GPRS connectivity and cash
was disbursed at the flood affected areas.
Bank issued duplicate ATM cards/ pass books free of
cost to the customers who lost their ATM cards/ pass
books, up to 31.01.2016.
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RELIEF MEASURES UNDERTAKEN BY THE BANK DURING FLOODS
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dke esa yxk;s x;sA O;kikj lafifdZ;ksa us ck<+ ihfM+r {ks=ksa esa vius LoSi
e'khu ds tfj,¡ LekVZ dkMZ@vk/kkj la[;k ds }kjk udn Hkqxrku dj
ldsA
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cuk;s x;sA bl chp esa vU; 'kk[kkvksa ls [kkrk 'ks"k fjiksVZsa izkIr dh
xbZ vkSj foRrh; ysunsu fd;s x;sA
cSad }kjk 255 jkgr f'kfoj yxk;s x;s rkfd t#jrean yksxksa dks
vko';d phts tSls dEcy] crZu] diMs] pVkbZ vkSj LVo bR;kfn ds vykok
QqM iSdsV] ihus dk ikuh fpfdRlk fdV iznku djus gsrq lgk;rk dh xbZA
y?kq [kkrksa dks cSad vf/kdkfj;ksa ds le{k Loizekf.kr QksVks yxkus rFkk
ds gLrk{kj@vaxwBk fu'kku vk/kkj ij [kksyus ds fy, vuqer fd;s
x;sA
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_.k] orZeku x`g _.k rFkk baMekbZdst mRiknksa ds fy, fo'ks"k
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_.k iznku fd;s x;sA
uoEcj ekg rFkk fnlEcj 2015 ds fy, l-ek-fd ds Hkqxrku esa naMkRed
C;kt dk vf/kR;kx
ck<+ ds i'pkr jkgr mik;
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cSad us LVkQ lnL;ksa dks ,d fnu ds vftZr vodk'k dks jkgr fuf/k dks
va'knkj gsrq nsus gsrq vuqefr iznku dh gSA
ck<+ ls ihfMr yksxksa dks ck<+ esa uqDlku gq, uksVksa dk ifjorZu djus gsrq 22
uksV ,Dlpsat esyksa dk vk;kstu fd;kA 52-10 yk[k #i;s ds uksVksa rFkk
32-18 yk[k ds flDdksa dk ifjorZu @ laforj.k fd;k x;kA
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250 Business correspondents were also effectively
utilised for cash disbursal. BCs were able to pay cash
in flood affected areas, through their Swipe Machines
using smart card /Aadhaar number.
Functioning of fully affected Branches were restored
within 4 days. Meanwhile Account balance reports
were obtained from other branches and financial
transactions were carried out.
255 Relief Camps were conducted by the Bank to offer
assistance to the needy people by distributing food
packets, drinking water and medical kits apart from
necessary items like blankets, utensils, clothes, mats, and
stove, etc.
Small accounts were permitted to be opened based
on self attested photograph and by affixing the
signature/thumb impression in the presence of Bank
Official.
Salary loan for salary class, special secured loan for
the existing home loan and Ind Mortgage products
and special clean loan to Vehicle Loan borrowers
were extended to flood affected customers.
Waiver of penal interest on delayed payment of EMI's
pertaining to the month of November and December 2015.
Post flood relief measures
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Bank permitted staff members to encash a day's
Privileged Leave (PL) for contribution towards relief fund
22 Note Exchange melas were conducted to enable flood
affected people to exchange the notes affected in
flood/rain. Notes to the tune of 52.10 lakhs and coins to
the tune of 32.18 lakhs were exchanged / distributed.
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25
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fy, gSa rFkk 4 izfr'kr dh o`fn~/k mHkjusokys cktkj rFkk fodkl'khy
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vFkZO;LFkkvksa vius O;kid vkfZFkZd cqfu;knh ekeyksa esa c`gr :i ls lq/kkj
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vkadMs ds vuqlkj] pkyq cktkj dher ij thMhih esa futh vafre mi;ksx
O;; o"kZ 2015&16 dks 59-8 izfr'kr rd c<+ x;kA
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jgh gSA tcfd lsok {ks= esa o`f) FkksMk cgqr c<+k gS ijUrq Bksl jgk gS]
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o"kkZ esa deh ik;h x;h gSA vr% foRrh; o"kZ 2015&16 ds fy, d`f"k esa o`fn~/k
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yxkrkj vPNk fu"iknu iznf'kZr fd;k gSA
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9-2 izfr'k de gksus dh laHkkouk gSA lHkh {ks=ksa esa deh ik;h xbZ gS tcfd
yksd iz'kklu rFkk j{kk esa cgqr de ?kVko gksus ds dkj.k gqvk gS tksfd o"kZ
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gksus dk vuqeku gSA
foRrh; o"kZ 2015&16 esa dksj mn~;ksx esa o`fn~/k 2-7 izfr'kr rd ?kV x;h gS
tcfd foRrh; o"kZ 2014&15 esa o`fn~/k 4-5 izfr'kr jghA
fuDdh bafM;k fofuekZ.k Ø; izcU/kd lwpdkad ¼ih,evkbZ½& tks fofuekZ.k
fu"iknu dk ,d lfefJr lwpd gS] vPNh ns'kh ek¡x rFkk mRiknu esa gqbZ
o`fn~/k ds dkj.k ekpZ eghus esa lq/kkj yk;kA ekpZ esa vkB eghus ds 52-4
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ds mNky dks lwfpr djrk gSA
gsMykbu eqnzkLQhfr tksfd [qknjk eqnzk LQhfr ;k lhihvkbZ ls ekik tkrk gS]
Hkkjrh; fjt+oZ cSad ds y{; $@&4 izfr'kr ds v/khu jgkA ekpZ 2015 ds
5-3 izfr'kr dh rqyuk esa ekpZ 2016 dks lhibvkbZ 4-8 izfr'kr jgk
[kkn+;kUu esa c<ksRrjh gksus ds ckotwn] tksfd }h vadh; LQhfr ds v/khu
jgk] eqnzkLQhfr] oSf'od rsy dherksa esa Hkkjh fxjkoV rFkk phu esa vkfFkZd
izo`fRr esa fxjkoV ds dkj.k de gks x;hA
i.; oLrqvksa rFkk mRikndksa ds ewY; dh ?kVrh oSf'od izo`fr ds dkj.k
gsMykbu Fkksd Ø; lwpdkad ¼McY;q ih vkbZ½ dh eqnzkLQhfr ?kV x;hA
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26
Global Economy
Indian Economy
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Global output is estimated to have grown by 3.1 percent
in 2015, with 1.9 percent growth for advanced economies
and 4.0 percent growth for emerging market and
developing economies. Global growth is projected to
remain modest in 2016, at 3.2 percent, before picking up to
3.5 percent in 2017.
The modest acceleration of growth in advanced
economies to a large extent reflects support from lower
energy prices and accommodative monetary policies,
notwithstanding the expected gradual Federal Reserve
tightening in the United States.
Growth in emerging market and developing economies
accounts for a huge share of projected global growth
in 2016 and prospects across the countries remain uneven
and generally weaker than over the past two decades.
International Monetary Fund (IMF) has projected growth
in advanced economies at 1.9 per cent for 2016 and is
expected to marginally improve to 2.0 per cent in 2017.
Growth is projected to increase marginally, as the
projected decline in growth in Japan due to the planned
consumption tax increase is more than offset by slightly
stronger performance in most other advanced economies.
Growth in China is expected to decline to 6.5 percent this
year and 6.2 percent in 2017, reflecting announced policy
stimulus of 4-trillion-yuan.Afurther weakening is expected
in the industrial sector, as excess capacity continues to
unwind, especially in real estate and related upstream
industries, as well as in manufacturing. Services sector
growth should be robust as the economy continues to
rebalance from investment to consumption. High income
growth, a robust labor market, and structural reforms
designed to support consumption are assumed to keep
the rebalancing process on track over the forecast horizon
The Indian economy has emerged as a bright spot in the
world economy, becoming one of the fastest growing large
economies in the world. Indian economy has made
substantial improvements in its macroeconomic
fundamentals and taken immense strides in reducing
macro-vulnerability with reforms in key areas: fiscal
prudence, price stability and comfortable level of external
current account. The recent growth revival in India is
predominantly consumption-driven. As per the four-year
data from the new series, the share of private final
consumption expenditure in GDP at current market prices
increased from 56.2 per cent in 2011- 12 to 59.8 per cent in
2015-16.
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As per the Advanced Estimates released by the Central
Statistics Office, economy is estimated to grow at
7.6 per cent in 2015-16, higher than growth of 7.2 per cent
achieved in 2014-15.
Growth in the agriculture sector in 2015-16 has continued
to be lower than the average of last decade, while growth
in the services sector moderated slightly, but still remains
robust; while the acceleration in manufacturing growth
compensated for it. The farm sector has experienced two
years of low growth on account of two consecutive years of
deficient south-west monsoon rainfall. Hence, growth in
Agriculture is estimated to grow at 1.1 per cent for
FY 2015-16 as compared to (-) 0.2 per cent in 2014-15.
Growth in industries is projected at 7.3 per cent in
FY 2015-16 vis-à-vis 5.9 per cent in the corresponding
period of the previous year. Within the industrial sector,
manufacturing is expected to register a growth of
9.5 per cent. In the first nine months of 2015-16, the growth
rate in terms of the IIP was 3.1 per cent as compared to
2.6 per cent in the corresponding period of 2014-15.
The industrial sector has continued to perform well in the
wake of various reforms measures undertaken by the
government recently.
Services sector is projected to decline marginally on a
year-on-year basis to 9.2 per cent from 10.3 per cent in
2014-15. There is a decline across all the sectors while
there was a steeper fall in 'Public administration
& defence' which is projected at 6.9 per cent in 2015-16
vis-à-vis 10.7 per cent in 2014-15.
Growth in Core industries for the Financial Year 2015-16
declined to 2.7 per cent as against 4.5 per cent in Financial
Year 2014-15.
Nikkei India Manufacturing Purchasing Managers' Index
(PMI) – a composite indicator of manufacturing
performance, improved in March on the back of better
domestic demand and increased output. At an
eight-month high of 52.4 in March, the seasonally-
adjusted Nikkei India Manufacturing Purchasing
Managers' Index (PMI) pointed to a manufacturing upturn.
Headline inflation as measured by Retail Inflation or CPI
was under RBI's target of+/- 4 per cent. CPI for the month
of March 2016 was at 4.8 per cent as compared to
5.3 per cent in March 2015. Despite the rise in Pulses
which remained in the double digits, inflation declined
owing to steep fall in global oil prices as well as metals on
account of the declining economic trend in China.
Headline Wholesale Price Index (WPI) inflation declined
following the global trend of declining commodity and
MANAGEMENT DISCUSSION AND ANALYSIS
27
McY;qihvkbZ vk/kkfjr eqnzkLQhr ekpZ 2015 ds ¼&½ 2-8 izfr'kr dh rqyuk
esa ekpZ 2016 dks ¼&½0-9 izfr'kr gks x;kA izkFkfed i.;ksa ds fy,
eqnzkLQhfr c<+ x;h tcfd fofuekZ.k rFkk bZa/ku mRiknksa ds fy, ?kVrh
izo`fRr tkjh jghA
o"kZ vizSy 2015 & ekpZ 2016 dh vof/k ds fy, Hkkjr ds eky mRiknksa dkfu;kZr 310-3 fcYyh;u ;w,l Mkyj ds rgr 261-1 fcfYY;u ;w,lMkyjde gksdj 15-85 izfr'kr jgkA o"kZ vizSy 2015&ekpZ 2016 dh vof/k dsfy, vk;kr 448-0 fcfYy;u ;w,l Mkyj ds rgr 379-6 fcfYy;u ;w,lMkyj de gksdj 15-28 izfr'kr jgkA o"kZ vizSy 2015& ekpZ 2016 dsnkSjku rsy vk;kr dk ewY; 82-6 fcfYy;u ;w,l Mkyj jgk tksfd fiNyso"kZ esa mlh vof/k ds nkSjku fd;s x;s rys vk;kr ds ewY; 138-3 fcfYy;u;w,l Mkyj ls de gksdj 40-24 izfr'kr jgkA o"kZ vizSy 2014 & ekpZ2015 esa O;kikj ?kkVk 137634-95 fefYy;u ;w,lMkyj ls de gksdj o"kZvizSy 2015 & ekpZ 2016 ds fy, 118459-37 fefYy;u ;w,lMkyj jgkA
foRrh; o"kZ dh rhljh frekgh esa Hkkjr ds pkyw [kkrk ?kkVk ¼lh,Mh½ izeq[k:i ls de O;kikj ?kkVs ds dkj.k de gks x;kA o"kZ 2014&15 dh rhljhfrekgh esa 7-7 fcfYY;u ;w,l Mkyj ¼thMhih dh 1-7 izfr'kr½ dh rqyuk esao"kZ 2015&16 dh rhljh frekgh esa 7-1 fcfYy;u ;w,l Mkyj ¼thMhih dk1-5 izfr'kr½ ?kVdj de gks x;k rFkk o"kZ 2015&16 dh nwljh frekgh esa 8-7fcfYY;u ;w,lMkyj jgkA rFkkfi] vFkZO;oLFkk dks c`gr :i esa izR;{kfons'kh fuos'k varokZg jgk tksfd lh,Mh dks doj djus ds fy, i;kZIrFkkftlls ml frekgh esa fons'kh eqnzk fuf/k;ksa esa vfHko`fn~/k gqbZA lap;h vk/kkjij o"kZ 2014&15 dh mlh vof/k esa O;kikj ?kkVs ds fxjkoV ds dkj.kthMhih dk lh,Mh 1-7 izfr'kr ls de gksdj vizSy&fnlEcj esa 1-4 izfr'krjgkA
Hkkjr ljdkj rFkk Hkkjrh; fjt+oZ cSad ¼Hkk-fj-cS½ ds chp esa Qjojh 2015 esafd;s x;s ekSfnzd uhfr <k¡ps ij djkj o"kZ 2015&16 esa ekSfnzd uhfr ds #[kdks LFkk fn;k gS! ekSfnzd uhfr <k¡pk] rsth ls c<usokyh tfVy vFkZO;oLFkkdh pqukSrh dks lkeuk djus ds fy, uohu ekSfnzd uhfr <k¡ps dh vko';drkgSA
flrEcj 2015 esa dh x;h ekSfnzd uhfr fjiksVZ ¼,eihvkj½ ls vFkZO;oLFkk esaekSfnzd uhfr <k¡pk] nks igpku fpUgksa dks ns[kk gSA izFke rkSj ij ekSfnzduhfr <k¡pa djkj ¼,uih,Q,½ ds v/khu iwoZ esa viuk;s x;s tuojh 2016 ds6 izfr'kr eqnzkLQhfr y{; dks gkfly fd;k gS] nwljs Øe esa o"kZ 2016&17esa dsUnzh; ctV esa dsUnzh; for ea=h us ;g ?kksf"kr fd;k gS fd Hkkjrh;fjt+oZ cSad ds vf/kfu;e dk vk'kks/ku fd;k tk jgk gS rkfd ekSfnzd uhfr<k¡ps rFkk ekSfnzd uhfr lfefr gsrq ,d lkafof/kd vk/kkj cuk;s tk,A ;glefr vk/kkfjr fu.kZ; ysus esa Hkkjr esa ekSfnzd uhfr ds ,sfrgkfld fodkl esa
,d egRoiw.kZ ifjorZu yk,xkA
o"kZ 2015&16 esa Hkkjrh; fjt+oZ cSad dh ekSfnzd uhfr dk ;g mn~ns'; Fkk fdtuojh 2016 rd eqnzkLQhr ds 6 izfr'kr y{; dks gkfly djuk Fkk rFkkcSad ds mn~ns'; ds vuqlkj ekSfnzd mik;ksa dks iw.kZ :I ls vey djuk gSAekSfnzd uhfr mn~ns'; ds }kjk lwfpr izs{k.k iFk ds vuq:I eqnzkLQhfrut+nhdh ls fodflr gqbZA Hkkjrh; fjt+oZ cSad us fnukad 15] 2015 dksvius ekSfnzd uhfr mn~ns'; esa ,d ifjorZu dks lwfpr fd;k ftlesa fjiks nj
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ekSfæd fodkl
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28
esa 25 csfll ¼ihih,l½ ikbUV~l dks ?kVkrs gq,] nj dks 7-75 izfr'kr cuk;kgS rFkk mlds vuqorZu esa 100 chih,l dk lap;h ?kVko & fnukad 04] ekpZ2015 rFkk fnukad 02 twu 2015 dks 25 chih,l izR;sd volj ij vkSjfnukad 29] flrEcj 2015 dks 50 chih,l dk ?kVko fd;k x;kA Hkkjrh;fjt+oZ cSad us fnukad 02 Qjojh 2016 dks NVoha fn~ekfld ekSfnzd uhfrleh{kk ds nkSjku ikfylh fjiks nj dks 6-75 izfr'kr ij fcuk dksbZifjorZu dks fLFkj j[kkA
vFkZ O;oLFkk esa _.k dh o`fn~/k detksj vkSn~;ksfxd rFkk dkWiksZjsV
fØ;kdyki ds dkj.k /kheh jghA foRrh; o"kZ ds izFke v/kZ&o"kZ esa cSad dk
xSj&[kkn~;Uu cSad _.k <+hyk jgk rFkk foRrh; o"kZ ds fn~orh; v/kZ o"kZ esa
rsth ;s c<+hA foRrh; o"kZ 2015&16 ds fy,] _.k dh o`fn~/k fiNys o"kZ dh
mlh vof/k dh rqyuk esa 9-1 izfr'kr ls 11-3 izfr'kr rd lq/kkj gqvk gS
tcfd fo-o- 14&15 esa tekvksa dh o`fn~/k 10-07 izfr'kr ls 9-9 izfr'kr rd
?kV x;hA cSafdax mn~;ksx dk lhMh vuqikr 77-6 izfr'kr ij jgkA
10&o"kZ dk csapekdZ th&lsd çfrQy ekpZ 2016 dh lekfIr ij 7-59
çfr'kr 2026 okys 7-5 çfr'kr esa cUn gqvkA
o"kZ ds nkSjku ekax eqæk dh njsa] fjiks njksa ds vklikl gh jgha vkSj lekfIr
ij 5-8 izfr'kr jghaA
O;kid eqæk vkiwfrZ ¼,e 3½ o`f) foÙkh; o"kZ ds nkSjku fiNys o"kZ esa blh
vof/k ds nkSjku 10-8 çfr'kr dh rqyuk esa 10-3 çfr'kr rd de gks xbZA
fiNys foRrh; o"kZ esa Hkkjrh; bZfDofV;ksa rFkk _.k esa ,QvkbZvkbZ dk fuoy
fuos'k mPp Lrj dks igq¡pk Fkk] ftldh i`"VHkwfe esa vkfFkZd olwyh dk
izR;k'kk] ?kVrh C;kt njsa vkSj lq/kkj;qDr vtZu dk ifjos'k FkkA foRrh;
o"kZ 2016 ds fy, ljdkj ds ldy rFkk fuoy cktkj _.kn dh
vko';drk,¡ #-6]00]000 djksM+ rFkk #-4-56]406 djksM+ ij ctV fd;s x;s
Fks tksfd foRrh; o"kZ 2015 ds iqujhf{kr izkDdyu ds #-4]46]922 djksM+ ls
Øe'k% 1-4 izfr'kr rFkk 2-1 izfr'kr vf/kd jgkA
foRrh; o"kZ 2016 dh rhljh frekgh ds nkSjku]
ljdkj us #-1]50]000 djksM+ ewY; ds _.k izfrHkwfr;ksa dks tkjh
fd;k ftlls ldy _.k dks foRrh; o"kZ vizSy&fnlacj 2016 esa
#-5]01]000 djksM+ rd ys x;k ¼chbZ dk 83-5 izfr'kr½ tksfd foRrh; o"kZ
2015 esa mlh vof/k esa #-4]97]000 djksM+ Fkk ¼chbZ dk 83-9 izfr'kr½A
ldy cktkj _.k dks #-15]000 djksM+ rd de djus dh ;kstuk gS rkfd
mlh jkf'k dks jkf"Vªd Lo.kZ ck.M ;kstuk rFkk Lo.kZ eqnzk ;kstuk ds tfj,
fudkyk tkuk gSA ljdkj us izfrHkwfr;ksa 40 o"kksZa dh ifjiDork vof/k ds
lkFk tkjh fd;k gS rkfd vDrwcj 2015 dks ifjiDork c<+k;h tk ldsA
Hkkjr ds bZfDoVh cktkj esa izR;kf'kr dkWiksZjsV vtZu ds vuqeku esa de gkus
ds dkj.k rFkk #i;s ds voewY;u ls ck/kk iMhA ;wfu;u ctV ?kksf"kr gksus
ds ,d fnu ds ckn iksVZ Qksfy;ksa lsulDr c< x;kA varokgZ dh okilh]
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foÙkh; o"kZ 2016 ds fy, ljdkj dh ldy o fuoy cktkj _.k
vko';drkvksa dks 6]00]000djksM+ rFkk 4]56]406djksM+ ij ctV fd;k
x;k Fkk tksfd foÙkh; o"kZ 2015 ds fy, iqujhf{kr çkDdyu esa jgs
5]92]000 djksM+ rFkk 4]46]922 djksM+ ls Øe'k% 1-4 çfr'kr vkSj
2-1 çfr'kr vf/kd jgkA
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producers prices. WPI-based inflation was flat at
(-) 0.9 per cent in March 2016 as compared to
(-) 2.8 per cent in March 2015. The inflation for primary
commodities increased, while the decelerating trend in
inflation for manufacturing and fuel products continued.
India's merchandise exports for the period April-March
2015-16 contracted by 15.85 per cent to US$ 261.1 billion
as against US$ 310.3 billion. Imports for the period
April-March 2015-16 contracted by 15.28 per cent to
US$ 379.6 billion as against US$ 448.0 billion. Oil imports
during Apri l-March, 2015-16 were valued at
US$ 82.6 billion which was 40.24 per cent lower than the
oil imports of US$ 138.3 billion in the corresponding period
last year. The trade deficit for April-March, 2015-16 was
estimated at US$ 118459.37 million which was lower than
the deficit of US$ 137694.95 mill ion during
April-March, 2014-15.
India's Current Account Deficit (CAD) narrowed in third
quarter of the fiscal mainly on account of lower trade
deficit. CAD declined to $7.1 billion (1.3% of GDP) in Q3 of
2015-16 as against $7.7 billion (1.5% of GDP) in Q3 of
2014-15 and $8.7 billion (1.7% of GDP) in Q2 of 2015-16.
However, there was strong foreign direct investment
inflows into the economy which was sufficient to cover the
CAD, resulting in accretion in foreign exchange reserves
during the quarter On a cumulative basis, the CAD
narrowed to 1.4% of GDP in April-December from 1.7% in
the corresponding period of 2014-15, on the back of the
contraction in the trade deficit.
The agreement on monetary policy framework signed
between the Government and Reserve Bank of India (RBI)
in February 2015 has shaped the monetary policy stance
in 2015-16. Monetary Policy Framework was essential to
have a modern monetary policy framework to meet the
challenge of an increasingly complex economy.
Monetary policy framework in the economy witnessed two
landmarks since the September 2015 Monetary Policy
Report (MPR). Firstly, the inflation target of 6 per cent for
January 2016 adopted formally under the Monetary Policy
Framework Agreement (MPFA) was achieved. Secondly, in
the Union Budget for 2016-17, the Union Finance Minister
announced that the Reserve Bank of India Act is being
amended to provide statutory basis for a monetary policy
framework and a monetary policy committee (MPC). This
committee-based decision making will mark a watershed
in the historical evolution of monetary policy in India.
RBI's monetary policy stance in FY 2015-16 was to reach
the inflation target of 6 per cent by January 2016 and fuller
transmission of monetary measures by the Bank
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Monetary Developments
statement. Inflation evolved closely along the trajectory
set by the monetary policy stance. RBI effected a shift in its
monetary policy stance on January 15, 2015 with a
reduction in repo rate by 25 basis points (bps) to
7.75 per cent and followed it up with a cumulative
reduction of 100 bps - 25 bps each on March 4, 2015 and
June 2, 2015 and another 50 bps on September 29, 2015.
RBI kept the policy repo rate unchanged at 6.75 per cent
in the sixth bi-monthly monetary policy review on
February 2, 2016.
Credit growth in the economy weakened due to weak
industrial and corporate activity. Non-food bank credit of
the Bank was weaker in the first half of the financial year
and picked up in the second half of the financial year. For
the FY 2015-16, Credit growth improved to 11.3 per cent
as compared to 9.1 per cent of the corresponding period of
the previous year while Deposits growth declined to
9.9 per cent as against 10.7 per cent in FY 14-15. CD ratio
of the banking industry was at 77.6 per cent.
The 7.59 per cent 2026 10-year benchmark G-sec yield
closed at 7.5 per cent as at end-March 2016.
Call money rates generally hovered above the repo rate
during the year and ended at 5.8 per cent.
Broad money (M ) growth for the FY 2015-16 marginally
declined to 10.3 per cent as compared to 10.8 per cent in
the corresponding period of the previous year.
FII's net investments in Indian equities and debt have
touched record highs in the past financial year, backed by
expectations of an economic recovery, falling interest
rates and improving earnings outlook. FIIs net
investments stood at 18,106 crore in March 2016, out of
which 16,731 crore was invested in equities and
1,375 crore (US$ 201 million) was invested in debt.
Gross and net market borrowing requirements of the
Government for FY16 were budgeted at 6,00,000 crore
and 4,56,406 crore which were higher by 1.4 per cent
and 2.1 per cent, respectively, than 5,92,000 crore and
4,46,922 crore in the revised estimates for FY15. During
Q3 of FY16, the Government issued dated securities
worth 1,50,000 crore taking the gross borrowings from
Apr-Dec of FY16 to 5,01,000 crore (83.5 per cent of BE),
as compared to 4,97,000 crore (83.9 per cent of BE)
during corresponding period of FY15. The gross market
borrowings is planned to be lowered by 15,000 crore
expecting similar amount to be raised through Sovereign
Gold Bond Scheme and Gold Monetisation Scheme.
Government issued securities with maturity of 40 years to
elongate maturity on Oct 26, 2015.
Equity markets in India were affected by weaker than
expected corporate earnings forecasts and the
depreciation of the rupee. The sensex surged a day after
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29
O;kikj Hkkouk esa lq/kkj] phu ds dsUnzh; cSad }kjk vkjf{kr fuf/k vko';drk
vuqikr dks de djus ds dkj.k ,f'k;kbZ rFkk ;wjksih; bZfDoVh cktkj ls
#i;s ds ewY;u esa lq/kkj gksus ds etcwr ladsrksa ls lsulDl c< x;k A
foRrh; o"kZ esa Hkkjr ljdkj rFkk o"kZ 2015&16 esa Hkkjrh; fjt+oZ cSad }kjkfy;s x;s dqN izeq[k mik; rFkk fn'kkfunsZ'k%
fnukad 8 vizSy 2015 dks lw{e bdkbZ fodkl iqufoZRr vfHkdj.k¼eqnzk½ dk izorZu fd;k x;kA
Lo.kZ dks mRiknu iz;ksx gsrq rFkk Lo.kZ ds vk;kr ij ns'k dh fuHkZjrk
dks de djus dh n`f"V ls o"kZ 2015 esa nks izeq[k ;kstuk,¡ izofrZr dh
xbZ gSa & ¼ ½ jkf"Vªd Lo.kZ ck.M ;kstuk rFkk ¼ ½Lo.kZ eqnzk ;kstukA
Hkkjrh; fjt+oZ cSad us isesaV cSadksa gsrq 11 vkosndksa dks fln~/kkUr%
vuqeksnu iznku fd;kA
Hkkjrh; fjt+oZ cSad us 10 y?kq for cSadksa dks fln~/kkUr% vuqeksnu
iznku fd;kA
Hkkjrh; fjt+oZ cSad us izkFkfedrk izkIr {ks= _.kn & y{; o
oxhZdj.k dk iqujh{k.k fd;kA
foosdh ekunaMksa dh leh{kk & vFkZO;oLFk esa HkkjxzLr vkfLr;ksa dk
iqu#TthouA
Hkkjrh; fjt+oZ cSad us lw{e] y?kq ,oa e>kSys mn~;eksa ds iqu#Tthou
rFkk iquokZl gsrq <+k¡ps dk foekspu fd;k ¼,e,l,ebZ½
Hkkjrh; fjt+oZ cSad us foRrh; lekos'ku fuf/k ¼,QvkbZ,Q½ ij
fn'kkfunsZ'kksa dk foekspu fd;kA
vkfFkZd ladV dh 'kh?kz igpku] fu.kZ; ysus gsrq rqjUr dne rFkk
m/kkjdrkZvksa ds fy, fu"i{k olwyh% vFkZ O;oLFkk esa O;fFkr vkfLr;ksa
dks iqu#Tthfor djus gsrq <+k¡pkA
Hkkjrh; fjt+oZ cSad us vfxzeksa ij C;kt nj gsrq fuf/k;ksa dk lhekar
ykxr iz.kkyh dks ?kksf"kr fd;kA
o"kZ 2016&17 esa Hkkjrh; vFkZ&O;oLFkk fiNys o"kZ esa fd;s x;s lq/kkj dh xfr dks
tkjh j[ksxk tksfd o`fn~/k rFkk O;kid vkfFkZd fLFkrjksa dh vksj yf{kr gSA lq/kkj
tks fiNys o"kZ esa vFkZ O;oLFkk dks ck/kk ls lqxe cukus] dks lajpukRed ck/kkvksa
ls nwj jgus] esd&bu&bafM;k igy ds tfj, mn~;ksx rFkk mn~;e dks izorZu
djus vkSj mlls lacaf/kr mik;ksa ls O;kikj dks ljy cukus] izR;{k ykHk varj.k
vkSj vU; mik;ksa ds tfj, dk;ZØe lwiqnZxh esa lq/kkj ykus] cSafdax lsokvksa dks
cpr rFkk foRrh; fyadst ds tfj, izksRlkgu djus rFkk fofHkUu {ks=ksa esa fons'kh
izR;{k fuos'k uhfr dks eqDr djus ds dk;Z ls vkxs vkusokys o"kZ iz;kl dks tkjh
j[ksaxsA
foRrh; o"kZ 2017 esa et+cwr o`fn~/k fuEufyf[kr izeq[k fodkl dk;ksZa ij fuHkZj gS%
dPps rsy dh dherksa esa mrkj&p<+ko] ftlls foRrh; ?kkVs ij rhu xquk vlj
gksxk] pkyw [kkrk ?kkVs rFkk vFkZO;oLFkk esa dher ds Lrj] oSf'kd vFkZ O;oLFkk esa
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vkusokyk o"kZ
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ykHk dekus dh izd`fr] Hkkjrh; ekSle foKku foHkkx ¼vkbZ,eMh½ }kjk vFkZ
O;oLFkk esa iz{ksfir ekSle dk Lrj vkSj o"kZ 2016&17 esa 5 izfr'kr dh eqnzkLÝhfr
y{; ij 7oha osru vk;ksx ds dk;kZUo;u ls laHkkO; vlj bR;kfnA
fiNys o"kZ ds 2]98]057 djksM+ ls cSad dk oSf'od dkjksckj ekpZ 31] 2016
dks 3]10]918 djksM+ ds Lrj rd igq¡pk tks 12]861 djksM+ ;k 4-31 izfr'kr
dh c<+r n'kkZrk gSA
cSad ds ns'kh dkjksckj esa 14]974 djksM+ dh o`f) ls ;g ekpZ 31] 2015 dks
2]84]765 djksM+ ls c<+dj 2]99]738 djksM+ gks x;k tks 5-26 izfr'kr dh
c<+r n'kkZrk gSA
cSad dh oSf'od tekjkf'k;k¡ 31 ekpZ] 2016 dks 1]78]286 djksM+ gks xbZa]
tcfd fiNys o"kZ ;g 1]69]225 djksM+ Fkha rFkk buesa 5-4 izfr'kr ;k 9061
djksM+ dh o`f) gqbZ gSA fiNys o"kZ esa 1]61]857 djksM+ ls cSad dh ns'kh
tekjkf'k;ksa esa 10]794 djksM+ dh o`f) ls ;s 1]72]652 djksM+ gks xbZa tksfd
6-67 izfr'kr dh o`f) n'kkZrh gSA
31 ekpZ 2016 dks dklk tekjkf'k;k¡ fiNys o"kZ ds 48]039 djksM+ ls c<+dj
55]153 djksM+ gks xbaZ tksfd 14-81 izfr'kr dh o`f) n'kkZrh gSA
2-95 izfr'kr dh o`f) ntZ djrs gq, cSad ds dqy vfxze 31 ekpZ 2015 ds
1]28]832 djksM+ ds eqdkcys 1]32]632 djksM jgsA ns'kh _.k esa 4180
djksM+ ¼3-40 izfr'kr½ dk btkQk gqvk vkSj og fiNys o"kZ ds 1]22]907
djksM+ ds eqdkcys 31 ekpZ 2016 dks 1]27]087 djksM+ gks x;kA
ns'kh [kk|srj _.k fiNys o"kZ ds 1]20]918-09 djksM+ ds eqdkcys 4154
djksM ¼3-44izfr'kr½ c<+dj 31 ekpZ 2016 dks 1]25]072 djksM+ gks x;k gSA
oSf'od _.k tek ¼lhMh½ vuqikr 31 ekpZ 2016 dks 74-39 izfr'kr ij FkkA
cSad us o"kZ ds nkSjku vius forj.k usVodZ esa 153 'kk[kk,a tksMrs gq, 2562
'kk[kkvksa rd bldk foLrkj fd;k rFkk blesa 740 xzkeh.k] 682 v/kZ'kgjh]
654 'kgjh vkSj 486 egkuxjh; 'kk[kk,a gSaA cSad us vxLr 21] 2015 dks
ns'k ds 22 jkT;ksa esa 109 'kk[kk,a [kksyha tksfd cSad ds bfrgkl esa vuks[kh
?kVuk gSA
HkkfjcSad }kjk igpkus x, de cSafdax lqfo/kk izkIr 375 ftyksa esa cSad dh
981 'kk[kk,a gSaA vYila[;dksa dh la[;k ftu ftyksa esa vf/kd gS] muesa
cSad dh 417 'kk[kk,a gSaA cSad&jfgr dsUnzksa esa cSad dh 179 'kk[kk,a gSaA
flaxkiqj] dksyacks vkSj tkQuk esa cSad dh 3 fons'kh 'kk[kk,adk;Zjr gSaA
foLr`r dkjksckj leh{kk
lalk/ku laxzg.k %
_.k fofu;kstu%
'kk[kk ra= vkSj foLrkj %
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30
the Union Budget with a return of portfolio flows,
improvement in business sentiment and recovery in the
rupee amidst strong cues fromAsian and European equity
markets after China's central bank cut the reserve
requirement ratio.
Some of the key measures and guidelines taken by
Government of India in Financial Year and Reserve Bank
of India (RBI) 2015-16:
Micro Units Development Refinance Agency
(MUDRA) Bank was launched on 8April 2015.
In order to mobilize gold for productive purpose and
to reduce the country's reliance on imports of gold,
two main schemes were launched in 2015:
(i) the Sovereign Gold Bond Scheme and (ii) the Gold
Monetization Scheme.
RBI granted “in-principle” approval to 11 Applicants
for Payments Banks
RBI g ran ted “ in -p r inc ip le ” approva l to
10 Small Finance Banks
RBI revised the Priority Sector Lending-Targets and
Classification
Review of Prudential Guidelines - Revitalising
StressedAssets in the Economy
RBI released Framework for Revival and
Rehabilitation of Micro, Small and Medium
Enterprises (MSMEs)
RBI revised the guidelines on Financial Inclusion
Fund (FIF)
Early Recognition of Financial Distress, Prompt
Steps for Resolution and Fair Recovery for Lenders:
Framework for Revitalising Distressed Assets in the
Economy
RBI announced Marginal Cost of Funds Methodology
for Interest Rate onAdvances
Indian economy in 2016-17 will witness a continuation of the
reform momentum built in the previous year which is aimed at
growth and macroeconomic stability. The reforms that were
initiated last year for debottlenecking the economy, removing
structural constraints, promoting industry and enterprise via
Make-in-India initiative and the attendant measures to
improve the ease of doing business, improving programme
delivery through direct benefit transfer and other measures,
encouraging saving and financial linkages through deepening
of banking services and liberalising foreign direct investment
policy in various sectors will be taken forward this year.
Strong growth in FY 2017 is built on the following key
developments: movement in the crude oil prices, which would
have a three-fold impact on fiscal deficit, current account
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Year ahead
deficit and price levels in the economy, recovery in the global
economy, expected level of monsoon in the economy as
predicted by Indian Meteorological Department (IMD) and the
possible impact of the implementation of 7 Pay Commission
on the inflation target of 5 per cent in 2016-17.
Global Business of the Bank has touched a level of
3,10,918 crore as on March 31, 2016 from 2,98,057 crore
in the previous year, registering an increase of
12,861 crore or 4.31 per cent.
Domestic Business has increased by 14,974 crore to
2,99,738 crore from 2,84,765 crore as on
March 31, 2015, registering a growth of 5.26 per cent.
Global Deposits of the Bank reached a level of
1,78,286 crore as on March 31, 2016 from
1,69,225 crore in the previous year, with an increase of
9061 crore or 5.35 per cent. Domestic Deposits of the
Bank has increased by 10,794 crore to 1,72,652 crore
from 1,61,858 crore in the previous year, registering a
growth of 6.67 per cent.
Domestic CASA Deposits has reached the level of
55,153 crore as on March 31, 2016 from 48,039 crore
in the previous year, recording a growth of 14.81 per cent.
Gross Advances of the Bank stood at 1,32,632 crore as
against 1,28,832 crore as on March 31, 2015, recording
a growth of 2.95 per cent. Domestic Credit has increased
by 4180 crore (3.40 per cent) to 1,27,087 crore as on
March 31, 2016 as against 1,22,907 crore last year.
Domestic Non food credit has increased by 4154 crore
(3.44 per cent) to 1,25,072 crore as on March 31, 2016
as against 1,20,918 crore in the previous year.
Global Credit-Deposit Ratio as on March 31, 2016 stood at
74.39 per cent.
Bank has expanded its distribution network by
153 branches during the year to 2562 branches,
comprising of 740 Rural, 682 Semi urban, 654 urban and
486 Metropolitan branches. The Bank has opened
109 branches across 22 states onAugust 21 2015, a third
unique event in the history of the Bank.
In the 375 underbanked districts identified by Reserve
Bank of India, the Bank has 981 branches. The bank also
has 417 branches in Minority concentrated Districts and
179 branches in the unbanked centres.
Bank has 3 foreign branches in Singapore, Colombo and
Jaffna.
th
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DETAILED BUSINESS OVERVIEW
RESOURCE MOBILISATION
CREDIT DEPLOYMENT
BRANCH NETWORKAND EXPANSION
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[k.Mokj fu"iknu
izkFkfedrk {ks= dks _.k%
Ñf"k _.k%
Ñf"k forj.k
la'kksf/kr fdlku ØsfMV dkMZ ¼dslhlh½ ;kstuk ds rgr çxfr %
xgu —f"k _.k vfHk;ku%
—f"k ds fy, fuos'k _.k%
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31-03-2016 dks izkFkfedrk {ks= ds vfxze -50]333-52 djksM+ jgs tksfd 31
ekpZ 2015 ds lek;ksftr fuoy cSad _.k ¼,,uchlh½ dk 40-85 izfr'kr
FkkA
31-03-2016 rd Ñf"k vfxze 23]017-58 djksM+ jgs rFkk ;g
ekpZ 2016 rd dh lek;ksftr fuoy cSad _.k ¼,,uchlh½ dk
18-68 izfr'kr FkkA
ekpZ 2016 dks 7 izfr'kr ds vfuok;Z y{; ds rgr y?kq@lhekUr d`"kdksa
dks cSad dk _.kn ,,uchlh dk 8-27 izfr'kr jgkA
ekpZ 2016 dks xSj&dkWiksZjsV d`"kdksa dks laiw.kZ izR;{k _.kn ds laca/k esa
ekpZ 2016 dh fLFkfr 17-77 izfr'kr gS tksfd Hkkjrh; fjt+oZ cSad }kjk
fu/kkZfjr iz.kkyh in~/kfr ds 11-57 izfr'kr ls 6-20 izfr'kr vf/kd gSA
fo'ks"k Ñf"k _.k ;kstuk ¼,l,lhih½ ds varxZr 2015&16 ds nkSjku cSad us
okf"kZd y{; 16]500 djksM+ dks ikj djrs gq, 19]185-31 djksM+ ds Ñf"k
_.k forfjr fd;s gSaA 16-08 yk[k y?kq @ lhekar fdlkuksa tks xzkeh.k
vFkZO;oLFkk dh jh<+ dh gìh gSa] gsrq 10]066-01 djksM+ ds laforj.k ds lkFk
—f"k {ks= ds fodkl esa cSad vxz.kh Hkwfedk fuHkkrk gSA
5 o"kZ ds vkdyu ds lkFk —f"k fuos'k _.k esa lqyHkrk dks la'kksf/kr dslhlh
ds ek/;e ls miyC/k djk;k tkrk gSA 1755-30 djksM+ cSad _.k ds lkFk
1-64 yk[k fdlkuksa dks fdlku ØsfMV dkMZ tkjh fd;k x;k gSaA
—f"k gsrq _.k çokg c<+kus rFkk —"kdksa ds lkFk cSad ds laca/k dks lq–<+
cukus ds nksgjs mís'; ls le; ls i;kZIr _.k çnku dj çfro"kZ jch vkSj
[kjhQ ekSleksa ds nkSjku lHkh 'kk[kkvksa }kjk xgu —f"k _.k vfHk;ku pyk,
tkrs gSaA
vfHk;ku ds nkSjku] xkaoksa esa fdlkuksa ls vkosnu tqVk;k tkrk gS rFkk bUgsa
mlh txg ij] 'kk[kk dk nkSjk fd, fcuk gh ;Fkkle; _.k eatwj fd;k
tkrk gSA
—f"k ds rgr 14-27 yk[k fdlkuksa dks doj djrs gq, 16-06-2015 ls
16-09-2015 rd xgu —f"k _.k [kjhQ vfHk;ku ds nkSjku dqy
4729 djksM+ rFkk 16-06-2015 ls 16-09-2015 rd xgu —f"k _.k jch
vfHk;ku ds nkSjku] dqy 5010 djksM+ dh jkf'k laforfjr dh xbZA
uoacj] 2015 ls Qjojh] 2016 rd pkj eghus dh vof/k ds fy, ^^—f"k
fuos'k _.k vfHk;ku^^ vk;ksftr fd;k x;k rFkk 117 djksM+ dh jkf'k
laforfjr dh xbZA
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Jh Fk¨Vk ujÇlge] lkaln lnL; vka/kz Áns'k esa ,d efgyk Ms;jh
fgrkf/kdkjh d¨ psd Ánku djrs gq,~A
32
SEGMENT - WISE PERFORMANCE
Priority Sector Credit:
Agriculture credit:
Agricultural Disbursement:
Progress under Revised Kisan Credit Card (KCC)
Scheme:
Intensive Farm Credit Campaigns:
Investment Credit toAgriculture:
Priority Sector advances stood at 50,333.52 crore as on
31.03.2016 and constituted 40.85 per cent ofAdjusted Net
Bank Credit (ANBC) as of March 2015.
Agriculture advances stood at 23,017.56 crore as on
31.03.2016 and constituted of 18.68 per cent of Adjusted
Net Bank Credit (ANBC) as of March 2015.
Bank's exposure to lending to Small Farmer/Marginal
Farmer stood at 8.27 per cent of ANBC as against the
mandatory target of 7 per cent by March 2016.
Bank's position with regard to overall direct lending to non-
corporate farmers is 17.77 per cent as of March 2016,
which is 6.20 per cent more than the system wide average
of 11.57 per cent fixed by RBI for the year 2015-16.
Under Special Agricultural Credit Plan (SACP) during the
year 2015-16, Bank disbursed farm loans to the tune of
19,185.31 crore during the FY 2015-16 surpassing
annual target of 16,500 crore. Bank leads the farm sector
growth with a disbursement of 10,066.01 crore to
16.08 lakh small/marginal farmers, the backbone of rural
economy.
Ease of Agri Investment Credit is made
available through revised KCC with 5 year assessment.
Kisan Credit Cards have been issued to 1.64 lakh farmers
with bank loan of 1755.30 crore.
With the dual objective of enhancing credit flow to
agriculture and strengthening relationship with the
farmers, every year the Bank is observing “Intensive Farm
Credit Campaigns” during Kharif and Rabi Seasons to
extend timely and adequate credit to farmers.
During the campaigns, at the villages, applications are
mobilized from the farmers and loans are sanctioned on
the spot obviating the branch visit.
During “Intensive Farm Credit Kharif Campaign” from
16/06/2015 to 16/09/2015, a sum of 4729 crore was
disbursed and during “Intensive Farm Credit Rabi
Campaign” from 23/11/2015 to 29/02/2016, a sum of
5010 crore was disbursed under agriculture covering a
total of 14.27 lakh farmers.
Agri “Investment credit campaign” was conducted from
November 2015 to February 2016 for a period of four
months and a total amount of 117 crore was disbursed.
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Sri Thota Narasimham, MP handing over cheque to one
of the women beneficiaries of dairy in Andhra Pradesh
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la;qä ns;rk lewg ¼ts,yth½ ,d vukSipkfjd lewg gS ftlesa vf/kekur%
4 ls 10 O;fä gksrs gSa] ijarq ;s la[;k 20 lnL;ksa rd gks ldrh gS vkSj ;s
E;wpq;y xkjaVh ds v/khu ;k rks O;fäxr :i ls ;k lewg ra= ds ek/;e ls
cSad _.k dk ykHk mBkus ds ç;kstuksa ds fy, ,d lkFk vkrs gSaA
fdlkuksa dk og oxZ ftuds ikl tehu dk mfpr dkxtkr ugha gS @
mudk viuk tehu ugha gS] mUgsa _.k lgk;rk çnku djus dh –f"V ls
cSad] la;qä ns;rk lewg ds ek/;e ls foÙkiks"k.k dks c<+kok ns jgk gSA
ekpZ 2015 dh lekfIr ij 22-09 djksM+ dh c<+ksrjh ds lkFk ekpZ 2015 esa
0-16 djksM+ ds Lrj ds eqdkcys] 1064 ts,yth dks doj djrs gq,
ts,yth dk cdk;k _.k 22-09 djksM+ jgkA
Lo;a lgk;rk lewg ¼,l,pth½ vf/kekU;r% leku lkekftd&vkfFkZd
i`"BHkwfe ds xjhc yksxksa dk ,d y?kq LoSfPNd laLFkk gSA ;s yksx Lokoyacu
vkSj ikjLifjd lgk;rk ds ek/;e ls vius vke leL;kvksa dks lqy>kus ds
mís'; gsrq ,dtqV gksrs gSaA ,l,pth vo/kkj.kk] cSBdksa ds lapkyu]
fdQk;rh cpr vkSj _.k nsus ds QSlys ij lgHkkfxrk fu.kZ; ysus ds fy,
volj çnku djrk gSA
ekpZ] 2015 ds lekfIr ij 194-88 djksM+ #i;s dh c<+ksrjh ds lkFk ekpZ]
2015 esa 2569-00 djksM+ ds Lrj ds eqdkcys 1-39 yk[k ,l,pth dks doj
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Lo;a lgk;rk lewgksa dks _.k çokg%
djrs gq, ,l,pth dk cdk;k _.k 2]763-88 djksM+ jgkA pkyw foÙkh;
o"kZ esa] cSad us 47147 ,l,pth dks 1753-91 djksM+ laforfjr fd,A
xjhcksa oxksaZ dks leqfpr foÙkh; t:jrksa gsrq] >ksifM+;ksa] efyu cfLr;ksa vkSj
fdjk, ds ?kjksa esa jgus okys 'kgjh xjhc vkSj egkuxjh; 'kgjksa vkSj 'kgjh
dsaæksa ds xyh esa jgus okys yksxksa ds fy, Lo;a lgk;rk lewg dh vo/kkj.kk
dk ykHk miyC/k djkus gsrq fo'ks"kh—r laxBu ÞloZ lsok dsaæß }kjk lsok
çnku djus ds fy, ekbØkslsV 'kk[kk,a LFkkfir fd, x, FksA
cSad us Lo;a lgk;rk lewg dks fo'ks"k :i ls lsok ds fy, 43 ekbØkslsV
'kk[kk,¡ LFkkfir fd;k gSA pkyw foÙkh; o"kZ esa] 43 ekbØkslsV 'kk[kkvksa ds
ek/;e ls 500-20 djksM+ dh jkf'k dk _.k 12627 ,l,pth dks çnku
fd;k x;kA ekpZ] 2015 dh lekfIr ij 48-57 djksM+ dh c<+ksrjh ds lkFk
ekpZ] 2015 esa 651-99 djksM+ ds Lrj ds eqdkcys 36195 ,l,pth dks
doj djrs gq, bu ekbØkslsV 'kk[kkvksa dk dqy cdk;k vfxze 700-56
djksM+ jgkA
bafM;u cSad us detksj oxksaZ] ftlesa NksVs ,oa ekewyh fdlku] dkjhxj] xzkeh.k
vkSj dqVhj m|ksx] vuqlwfpr tkfr vkSj vuqlwfpr tutkfr] Lo;a lgk;rk
lewg] vkfn 'kkfey gSa] ds fy, fu/kkZfjr vfuok;Z vfxze y{; dks yxkrkj ikj
fd;k gSA
ekpZ 2016 dh lekfIr ij detksj oxksaZ dks çnÙk cdk;k _.k 13918-33
djksM+ jgk] tksfd 10 çfr'kr ds fu/kkZfjr ekun.M ds eqdkcys ,,uchlh
dk 11-30 çfr'kr curk gSA
31-03-2016 dks vtk@vttk ds ykHkkfFkZ;ksa dks çnÙk cdk;k _.k 2146-
34 djksM+ jgk] tksfd cSad ds çkFkfedrk {ks= ds vfxzeksa dk 4-26 çfr'kr
curk gSA
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ekbØkslsV 'kk[kk,¡%
lekt ds oafpr [kaM ds fy, _.k & ekbØkslsV 'kk[kk] psrisV esa
fnukad 03-08-2015 dks ,l,pth ekg dk mRlo
detksj oxksaZ dks vfxze%
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A Joint Liability Group (JLG) is an informal group
comprising preferably of 4 to 10 individuals but can be up
to 20 members, coming together for the purposes of
availing bank loan either individually or through the group
mechanism against mutual guarantee.
Bank is encouraging financing through Joint Liability
Groups, with a view to render credit support to those
category of farmers who do not possess proper land
records/not having own lands.
The outstanding credit to JLGs stood at 22.09 crore
covering 1064 JLG, as against the March 2015 level of
0.16 crore, with an increase of 21.93 crore over
March 2015.
Self-Help Group (SHG) is a small voluntary association of
poor people, preferably from the same socio-economic
background. They come together for the purpose of
s o l v i n g t h e i r c o m m o n p r o b l e m s t h r o u g h
self-help and mutual help. SHG concept offers opportunity
for participative decision making on conduct of meetings,
thrift and credit decisions.
The outstanding credit to SHGs stood at 2763.88 crore
covering 1.39 lakh SHGs, as against the March 2015 level
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Credit flow to Self Help Groups:
of 2569.00 crore, with an increase of 194.88 crore over
March 2015. During the current financial year, the Bank
had disbursed 1753.91 crore to 47147 SHGs.
To make available the benefit of SHG concept to scores of
urban poor living in huts, slums and tenements and near
the gullies in Metropolitan cities and Urban centers,
specialized outfits that can serve as a “one stop shop”,
called Microsate Branches were established, for the entire
financial needs of the poorer section.
The Bank has established 43 Microsate Branches
exclusively to serve the SHGs. During the current financial
year, credit amounting to 500.20 crore has been
extended to 12627 SHGs through the Microsate
branches. The total outstanding advances of these
Microsate Branches stood at 700.56 crore covering
36195 SHGs as against the March 2015 level of
651.99 crore, with an increase of 48.57 crore over
March 2015.
Bank has been continuously surpassing the mandatory
advance target set for the weaker sections which includes
Small and Marginal Farmers, Artisans, Village and Cottage
Industries, Scheduled Castes and Scheduled Tribes, Self
Help Groups, etc.
Credit outstanding to Weaker Sections stood at
13918.33 crore as at the end of March 2016,
working out to 11.30 % ofANBC against stipulated norm of
10%.
Outstanding credit to SC/ST beneficiaries stood at
2146.34 crore as on 31.03.2016, which worked out to
4.26 % of Priority Sector advances of the Bank.
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Microsate Branches:
Weaker SectionAdvances:
Loan to disadvantaged section of the society - SHG
Month celebration at Microsate I Branch, Chetput on
03.08.2015
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09-07-2015 dks ekbØkslsV jkaph 'kk[kk] >kj[kaM jkT; esa vtk @
vttk ,oa vYila[;d _.k vfHk;ku i[kokM+s dk vuqikyu
djrs gq,A
'kSf{kd _.k ;kstuk%
'kSf{kd _.k çfØ;k dks ljy vkSj vklku cukrs gq,] cSad viusifjlj ls ckgj dne j[krs gq, fo'ofo|ky;ksa vkSj d‚ystksa esa'kSf{kd _.k f'kfojksa dk vk;kstu djrk gSA 22-07-215 ls 25-07-
2015 rd vkbZvkbZVh xqokgkVh esa f'k{kk _.k vfHk;kuA
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vYila[;d leqnk;ksa dks _.k çnku djus ds fy, fo'ks"k vfHk;kuvk;ksftr fd, x,A ekpZ 2016 dh lekfIr ij vYila[;d leqnk;ksa dksçnÙk _.k 7082-01 djksM+ jgk tksfd 15 çfr'kr ds fu/kkZfjr ekun.M dseqdkcys çkFkfedrk {ks= ds dqy vfxzeksa dk 15-07 çfr'kr curk gSA
'kSf{kd _.k ,Dlikstj 3287-55 djksM+ ¼31-03-2015 dks½ ls c<+dj3501-30 djksM+ ¼31-03-2016 dks½ gks x;kA
ekpZ] 2016 o"kZ dh lekfIr ds nkSjku] cSad us 29673 Nk=ksa dks 'kSf{kd _.kds :i esa 392-96 djksM+ dh jkf'k forfjr dhA
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O;kolkf;d f'k{kk vkSj çf'k{k.k ds fy,] vc rd 510 Nk= ykHkkfUor gq,rFkk 31-03-2016 dks ;kstuk ds varxZr cdk;k 'ks"k 4-92 djksM+ gSA pkywfoÙkh; o"kZ esa] 107 Nk=ksa dks 1-16 djksM+ rd _.k dh lgk;rk çnku dhxbZA'kSf{kd _.k çfØ;k dks ljy vkSj vklku cukrs gq,] cSad vius ifjljls ckgj dne j[krs gq, fo'ofo|ky;ksa vkSj d‚ystksa esa 'kSf{kd _.k f'kfojksadk vk;kstu djrk gSA
'kSf{kd _.k çfØ;k dks ljy vkSj vklku cukrs gq,] cSad vius ifjlj lsckgj dne j[krs gq, fo'ofo|ky;ksa vkSj d‚ystksa esa 'kSf{kd _.k f'kfojksadk vk;kstu djrk gSA
cSad Þfo|k y{eh iksVZyß ls tqM+k gS] ftls esllZ ,u,lMh,y bZ&xousaZl}kjk fodflr fd;k x;k gS vkSj tks flaxy foaMks miyC/k djkrk gS ,oaftldh fo'ks"krk cSadksa ds 'kSf{kd _.k ;kstukvksa dh tkudkjh nsuk rFkkNk=ksa ds fy, lkekU; 'kSf{kd _.k vkosnu miyC/k djkuk gSA
cSad] vkbZch dkS'ky _.k ;kstuk ,oa 7-50 yk[k rd dh lhek ds fy,vkbZch, ;kstuk ds rgr 'kSf{kd _.k çnku djus gsrq jk"Vªh; _.k xkjaVhVªLVh daiuh fyfeVsM ¼,ulhthVhlh½ ds lkFk ,e,yvkbZ ¼lnL; _.klaLFkk½ ds :i esa iath—r gSA cSad }kjk dqN ubZ igyksa dh 'kq#vkr dh xbZgS%& tSls] vkbZvkbZVh @ vkbZvkbZ,e @ ,Dl,yvkjvkbZ @ chvkbZV,lvkSj vkbZvkbZ,llh ds es/kkoh Nk=ksa gsrqvkbZch, ;kstuk ds rgr okf"kZd C;kt nj 9-65 çfr'kr] ,uvkbZVh Nk=ksa dsfy, ^ & okf"kZd C;kt nj 10-15çfr'kr] bafM;u Ldwy v‚Q fctusl ds Nk=ksa gsrq vk/kkj nj ij 25 yk[krd ds laikf'kZ~od&eqä _.k rFkk dkS'ky fodkl gsrq jk"Vªh; igy dkleFkZu djus ds fy, ^vkbZch dkS'ky _.k ;kstuk* vkfnA
'kSf{kd _.k m/kkjdrkZvksa gsrq rhu çdkj ds C;kt lfClMh ;kstuk,¡ gS]ftudk uke gS%& 'kSf{kd _.k gsrq C;kt lfClMh ds fy, dsUæh; ;kstuk¼lh,lvkbZ,l½] vU; fiNM+k oxZ vkSj vkfFkZd :i ls fiNM+s oxksaZ¼,lh,lvkbZ,lvkschlhbZchlh½] C;kt lfClMh ds fy, M‚ vacsMdj dsUæh;;kstuk rFkk i<+ks çns'k ;kstukA
Hkkjr ,oa fons'kksa esa ekU;rk çkIr laLFkkuksa ls rduhdh rFkk is'ksoj fo"k;ksa esav/;;uksa dh vuqeksfnr fdlh Hkh ikBîØeksa ds vkxs dh dkjZokbZ djus dsfy, vkbZch, ;kstuk ds rgr vkfFkZd :i ls detksj oxksaZ ds Nk=ksa] vU;fiNM+k oxZ leqnk; vkSj vYila[;d leqnk;ksa ds Nk=ksa }kjk fy, x, _.kksaij LFkxu vof/k ds nkSjku iw.kZ C;kt lfClMh ds fy, ;kstuk,a miyC/k gSaA
cSad iqnqPpsjh la?k jkT; {ks= esa ,l,ychlh dk la;kstd gS rFkk 13 ftyksa esabldh vxz.kh Hkwfedk gS ¼rfeyukMq esa 10] vka/kz çns'k esa 2 vkSj dsjy esa 1½AcSafdax lsok,¡ jfgr xkaoksa esa cSafdax lsok,¡ çnku djus gsrq lHkh vxz.kh ftysfoÙkh; lekos'k ;kstuk dks lfØ; :i ls dk;kZfUor dj jgs gSaA
viuk, tkus okys xkaoksa ds lexz fodkl dks gkfly djus ds mís'; ls]vkn'kZ xzke ds vo/kkj.kk dh fujarjrk gsrq lkspk tkuk rFkk lHkhLVsd/kkjdksa }kjk lefUor –f"Vdks.k ,oa ;g lqfuf'pr djuk fd fofHkUu;kstukvksa dk ykHk xkaoksa ds fy, yk;k tkrk gSA rnuqlkj] vkn'kZ xzke;kstuk cuk;k x;k rFkk 13 ftyksa ,oa iqnqPpsjh la?k jkT; esa QSys 21 xkaoksa esatgka cSad dks vxz.kh cSad dh ftEesnkjh gS] Lora=rk fnol ds fnu gh 15-08-2015 dks bls 'kq: fd;k x;kA
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^vkbZch 'kSf{kd _.k çkbe*
^vkbZch 'kSf{kd _.k çkbe^ ,uvkbZVhß
'kSf{kd _.k gsrq C;kt lfClMh ;kstuk%
vxz.kh cSad ;kstuk%
vkn'kZ xzke fodkl ;kstuk%
36
Observance of SC/ST and Minority Credit Campaign
Fortnight in Microsate Ranchi Branch, Jharkhand State,
on 09-07-2015
Bank steps out of its premises and organizeseducational loan camps at Universities and colleges,making the process simple and easy. Education Loan
campaign at IIT Guwahati from 22.07.2015 to 25.07.2015.
Special campaigns were conducted for extending credit to
Minority Communities. Advances to Minorities stood at
7082.01 crore for the month ended March 2016, which
works out to 15.07% of the total Priority Sector Advances
as against the stipulated norm of 15%.
The Educational loan exposure has increased from
3287.55 crore (as on 31.03.2015) to 3497.82 crore
(as on 31.03.2016).
During the year ended March 2016, the Bank disbursed a
sum of 392.96 crore as educational loans to 29673
students.
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Education loan scheme:
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For Vocational education and training, so far 510 students
are benefited and the outstanding balance under the
scheme as on 31.03.2016 is 4.92 crore. During the
current year, 107 students were assisted with credit to the
tune of 1.16 crore.
Bank steps out of its premises and organises educationalloan camps at universities and College making theprocess simple and easy.
Bank is connected to “Vidya Lakshmi Portal” developed byM/s. NSDL e-Governance which provides a singlewindow, featuring information about Educational LoanSchemes of Banks and Common Educational LoanApplication Form for Students.
Bank has been registered as MLI (Member LendingInstitution) with National Credit Guarantee TrusteeCompany Ltd. (NCGTC) for educational loans grantedunder IBA scheme up to a limit of 7.50 lakh and IB SkillLoan Scheme. Introduction of 'IB Educational Loan Prime'for the meritorious students of IITs/IIMs/ XLRI/BITS andIISc under IBA Scheme, at 9.65% p.a.; “IB EducationalLoan Prime - NIT” for students of NITs at 10.15% p.a.;Collateral free loan upto 25.00 lakh at Base rate tostudents of Indian School of Business and IB Skill loanscheme to support the national initiatives for skilldevelopment are some of the new initiatives taken.
There are three interest subsidy schemes for educationalloan borrowers namely Central Scheme for InterestSubsidy for educational loans (CSIS), Dr. AmbedkarCentral Scheme for Interest Subsidy for Other BackwardClasses and Economically Backward Classes(ACSISOBCEBC) and Padho Pardesh Scheme.
The schemes provide for full interest subsidy during theperiod of moratorium on loans taken by studentsbelonging to Economically Weaker Sections under IBAScheme, other Backward Classes community andMinority Communities, for pursuing any of the approvedcourses of studies in technical and professional streams,from recognized institutions in India and abroad. Duringthe year 2015-16, the Bank has claimed an interestsubsidy of 227.85 crore.
Bank is SLBC convenor in UT of Puducherry and LeadBank in 13 districts (10 in Tamil Nadu, 2 inAndhra Pradeshand 1 in Kerala). The Lead Districts are actively involved inimplementing Financial Inclusion Plan to provide BankingServices in Unbanked villages.
With a view to achieve overall development of the villagesto be adopted, Model Village Concept was thought of tobring in sustained and co-ordinated approach by all thestake holders and ensure that the benefits of variousschemes are brought to the villages. Accordingly ModelVillage Scheme was formulated and launched on15.08.2015 coinciding with the Independence Day in21 villages spread over 13 districts and UT of Puducherry,where the Bank has Lead Bank responsibility.
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Interest Subsidy schemes for Educational Loans:
Lead Bank Scheme:
Model Village Development Plan:
37
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;kstuk ds vuqlkj] rhu lky ds fy, ØsfMV vkSj xSj&ØsfMV xfrfof/k;ksa
dks 'kkfey djrs gq, vkn'kZ xzke fodkl ;kstuk ¼,eohMhih½ rS;kj fd;k
x;k gS rFkk bls ykxw fd;k tk jgk gSA bl rhu o"khZ; ;kstuk vof/k ds
nkSjku 213-98 djksM+ rd dh jkf'k 26164 ykHkkfFkZ;ksa dh lgk;rk gsrq
ifjdfYir dh xbZA o"kZ 2015&16 ds nkSjku] 4662 ykHkkfFkZ;ksa dks ykHk
igqapkrs gq, 42-78 djksM+ jkf'k laforfjr dh xbZ gSA
,eohMhih] xSj&ØsfMV xfrfof/k;ka] tSls ijke'kZ lsok,¡ ftlesa —f"k]
i'kqikyu vkfn tSls fodkl foHkkx rFkk vU; lh,lvkj igysa tSls
LokLF;] LoPNrk] f'k{kk] o`{kkjksi.k dk;ZØe 'kkfey gSA
fr#eySpsjh vkn'kZ xzke] osYyqj]rfeyukMq esa
fu%'kqYd us= f'kfoj
oy;eiêq vkn'kZ xzke] fr#oueyS ftyk] rfeyukMq
esa cSad }kjk o`{kkjksi.k dk i;kZoj.k vuqdwy Hkko&Hkafxek
,eohMh ;kstuk ds rgr feêh dh n'kk dh tkap dj irk yxkus ds fy,
oy;eiêq vkn'kZ xzke esa Hkw ijh{k.k ç;ksx'kkyk yk;k x;k ,oa
mfpr Qlyksa dh laLrqfr dh xbZ
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{kerk fuekZ.k igy%
M‚ , ih ts vCnqy dyke dkS'ky fodkl çf'k{k.k laLFkku%
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cSad us 12 dsUæksa] fpÙkwj] dMywj] /keZiwjh] dkaphiqje] —".kfxfj]
ukeDdy] iqnqPpsjh] lsye] fr#o..kkeyS] fr#oYywj] osYywj vkSj foyqiqje
esa ÞbafM;u cSad Lo&jkstxkj çf'k{k.k laLFkkuß ¼baM lsVh½ uked Þ#MlsVh
e‚My çf'k{k.k laLFkku LFkkfir fd, gSaA 31]004 O;fä;ksa dks ykHk igqapkrs
gq, baM lsVh }kjk vc rd dqy 1096 çf'k{k.k dk;ZØe vk;ksftr fd, x,
gSaA
cSad ds Jh ,e ds tSu] çfu ,oa eqdkv rFkk Jh vkuan jko oh iVsy
vkbZ,,l] funs'kd] foÙkea=ky;] foÙkh; lsok,¡ foHkkx] baMlsVh] iqnqPpsjh esa
fnukad 10-07-2015 dks çf'k{kqvksa ds lkFk ckrphr djrs gq,A
mi;qZä {kerk fuekZ.k dh fn'kk esa cSad dh fo'ks"k igy ds vykok] xzkeh.k
çf'k{k.k dsaæ esa cSad dkjSDdqMh] rfeyukMq ¼ukckMZ vkSj vkbZvksch ds lkFk
la;qä :i ls½ vkSj vka/kz çns'k cSadlZ xzkeh.k ,oa m)eo`fÙk fodkl laLFkku
& ,ihchvkbZvkjMh] gSnjkckn ¼vka/kz çns'k ljdkj] ukckMZ vkSj ikap vU;
cSadksa ds lkFk la;qä :i ls½ esa igys ls gh Hkkx ys jgk gSA ;s nksuksa laLFkku
xzkeokfl;ksa ij /;ku dsfUær djrs gq, O;kid dq'kyrk mUeq[k çf'k{k.k
dk;ZØe çnku djrs gSaA vkjVhlh] dkjSDdqMh }kjk ¼10001 lnL;ksa dks ykHk
igqapkrs gq,½ dqy 365 çf'k{k.k dk;ZØe vkSj ,ihchvkbZvkjMh] gSnjkckn
}kjk ¼8845 lnL;ksa dks ykHk igqapkrs gq,½ dqy 347 çf'k{k.k dk;ZØe
vk;ksftr fd, x, gSaA
Lo.kZ Hkkjr VªLV tks fot;okM+k] vka/kz çns'k esa ,d lsok mUeq[k xSj&ljdkjh
laLFkk ¼,uthvks½ gS rFkk dksus: y{eS;k fo'ofo|ky; ¼ds,y;w½ tks ,d
Lok;Ùk fo'ofo|ky; gS] ds lkFk feydj cSad us yksxksa ds çf'k{k.k ,oa
fodkl ds fy, rFkk xq.koÙkk çf'k{k.k çnku djds dq'ky Je 'kfä dh
fLFkfr esa lq/kkj ykus ds fy, M‚- , ih ts vCnqy dyke dkS'ky fodkl
çf'k{k.k laLFkku ds uke ls vrdqj xkao] ftyk& —".kk] vka/kz çns'k esa
"dkS'ky fodkl çf'k{k.k laLFkku" dh LFkkiuk dh gSA
cSad us] d‚jiksjsV lkekftd nkf;Ro ds rgr laLFkku dh LFkkiuk gsrq fuekZ.k
vkSj fu/kkZfjr ykxr ds fy, laLFkku dks 69-00 yk[k eatwj fd;k gSA`
38
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As per the scheme, a Model Village Development Plan
(MVDP) involving credit and non credit activities for three
years has been prepared and being implemented. It is
envisaged to assist 26164 beneficiaries to the tune of
213.98 crore during this three year plan period. During
the year 2015-16, an amount of 42.78 crore has been
disbursed benefitting 4662 beneficiaries.
The MVDP involves non-credit activities like counseling
services involving development departments such as
Agriculture, Animal Husbandry etc. and other CSR
initiatives such as health, sanitation, education and tree
planting programs.
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Free Eye Camp at Thirumalaichery Model Village, Vellore,
Tamil Nadu
An environmental friendly gesture of Tree planting by the
Bank in the Valayampattu Model Village, Tiruvannamalai
District, Tamil Nadu.
The Soil Testing Lab brought to the Valayampattu Model
Village under MVD Scheme to ascertain the soil health and
recommend appropriate crops
Capacity Building Initiatives:
Dr.A PJ Abdul Kalam Skill Development Training
Institute:
The Bank has established RUDSETI Model Training
institutes named as "Indian Bank Self Employment
Training Institute (INDSETI) in twelve centers
viz., Chittoor, Cuddalore, Dharmapuri, Kancheepuram,
Kr ishnag i r i , Namakka l , Puducher ry, Sa lem,
Thiruvannamalai, Tiruvallur, Vellore and Villupuram.
A total of 1096 training programmes have been conducted
by the INDSETIs benefitting 31004 individuals so far.
Apart from the above exclusive initiatives of the Bank
towards capacity building, the Bank is already
participating in Rural Training Centre, Karaikudi, Tamil
Nadu (jointly with NABARD & IOB) and Andhra Pradesh
Bankers' Institute of Rural & Entrepreneurship
Development - APBIRED, Hyderabad (jointly with
Government of AP, NABARD & five other Banks). These
two training institutes offer wide range of skill oriented
training programmes with a focus on rural population.
A total of 365 training programmes have so far been
conducted by RTC, Karaikudi (benefitting 10001
members) and 347 programmes byAPBIRED, Hyderabad
(benefitting 8845 members).
Bank along with Swarna Bharat Trust, a service oriented
Non-Governmental Organization (NGO) in Vijayawada,
Andhra Pradesh and Koneru Lakshmaiah University
(KLU), an autonomous University established a “Skill
Development Training Institute” by the name
Dr.A PJ Abdul Kalam Skill Development Training Institute
at Atkur Village, Krishna District , Andhra Pradesh for
training and developing people and improving the skilled
man power position by imparting quality training.
Bank has sanctioned 69.00 lakh to the Institute towards
the construction and fixed costs for establishment of the
Sri M K Jain MD & CEO of the Bank and Sri Anand Rao V
Patel IAS, Director, Department of Financial Services,
Ministry of Finance interacting with the trainees at INDSETI,
Pondicherry on 10.07.2015.
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blds vykok] okf"kZd vkorhZ O;; dks ds,y fo'ofo|ky; ¼ds,y;w½ ds
lkFk lk>k fd;k tk,xkA
M‚- ,ihts vCnqy dyke dkS'ky fodkl çf'k{k.k laLFkku & Jh jktukFk
flag] ekuuh; dsUæh; x`g ea=h] ,oa ,e- osadS;k uk;Mw] 'kgjh fodkl
ea=h] vkokl vkSj 'kgjh xjhch mUewyu vkSj lalnh; ekeyksa ds dsaæh;
ea=h dh mifLFkrh esa mn~?kkVu lekjksgA
'kk[kk,¡ fnukad 16-08-2014 ls ih,etsMhokbZ ds rgr csfld cpr cSad [kkrs
[kksyrs vk jgs gSa vkSj fnukad 31 ekpZ 2016 dks 29-93 yk[k ch,lchMh [kkrs
[kksys x,A
ç/kkuea=h tu /ku ;kstuk ¼ih,etsMhokbZ½ ds rgr 29-59 yk[k ch,lchMh
[kkrk /kkjdksa dks #is dkMZ tkjh fd, x, gSaA bu [kkrksa esa tqVk, x, tek
316-35 djksM+ gSA
ekpZ] 2016 rd] ih,etsMhokbZ ds varxZr fofHkUu jkT; Lrjh; cSadj
lfefr;ksa ¼,l,ychlh½ }kjk cSad dks 2]975 ,l,l, ¼mi&lsok {ks=½ rFkk
2023 'kgjh okMZ vkcafVr fd, x,A lHkh 2975 ,l,l, dks gekjs cSad }kjk
cSafdax lsok,a çnku dh tkrh gSaA bues ls] 2517 ,l,l, dks cSad fe=ksa
¼dkjksckj çfrfuf/k½ ds ek/;e ls rFkk igys ls gh ,l,l, esa dk;Zjr
ikjaifjd 'kk[kkvksa ds ek/;e ls 458 ,l,l, dks cSafdax lsok,a çnku dh
tkrh gSaA
cSad us 1]92]886 ik= [kkrk /kkjdksa dks 37-95 djksM+ rd dh vksojMªk¶V
çnku dh FkhA ftlesa ls 79784 ch,lchMh, [kkrk /kkjdksa us 14-57 djksM+
jkf'k dh fyfeV dk ykHk mBk;k gSA Ng eghus ds larks"ktud ifjpkyu @
_.k bfrgkl ds ckn gh gj ch,lchMh, [kkrk /kkjd dks vksojMªk¶V dh
lqfo/kk dk ykHk ysus ds fy, mu ij fopkj fd;k tkrk gSA cSad us
vksojMªk¶V lqfo/kk dks Lopkfyr cuk;k gS vkSj bls ik= ih,etsMhokbZ
[kkrk /kkjdksa ds fy, vius cSad ds ,Vh,e ds ek/;e ls miyC/k djk;k x;k
gSA
cSad dks vkoafVr fd, x, lHkh ,l,l, ;k rks ikjaifjd 'kk[kk }kjk ;k cSad
fe= ds lkFk doj fd;k tkrk gS rFkk lHkh cSad fe=ksa dks ekbØks ,Vh,e
midj.k miyC/k djk;k x;k gSA
gekjs cSad ds ihvks,l ¼fcØh dsaæ½ midj.kksa dks #is dkMZ ds ysu&nsu gsrq
100 çfr'kr l{ke cuk;k x;k gSA
foÙkh; lekos'k%
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lHkh chlh dks muds vius LFkku ls ekbØks ba';ksjsal vkSj
vVy isa'ku ;kstuk ds rgr vkosnu ds ukekadu ds fy, l{ke cuk;k tkrk
gSaA
ekpZ 2016 esa çfr chlh vkSlr ysunsu 784 ds lkFk chlh }kjk fd, x,
ysunsu dh la[;k ds ekeys esa lHkh cSadksa ds chp gekjk cSad çFke LFkku ij
jgkA
vk/kkj l{ke Hkqxrku ç.kkyh ¼,bZih,l½ ijLij dk;Z{kerk lqfo/kkvksa
dks cSad ds ,l,l, esa yxk, x, lHkh ihvks,l e'khu esa l{ke cuk;k x;k
gSaA lHkh chlh ,bZih,l ysu&nsu dj jgs gSa rFkk 31-03-2016 rd] chlh
}kjk 34-22 yk[k ,bZih,l ysu&nsu ¼nksuksa foÙkh; vkSj xSj foÙkh;½ fd;k
x;k gSA
ih,etsMhokbZ [kkrk /kkjdksa dks 1 yk[k #i;s dh bufcYV nq?kZVuk
chek doj rFkk 15-08-2014 ls 26-01-2015 ds chp [kkrs [kksyusokys xzkgdksa
gsrq 30]000 dh thou chek doj ds lkFk #is MsfcV dkMZ tkjh fd, tk
jgs gSaA
:is nq?kZVuk chek nkos ds rgr] chek fd, x, O;fä;ksa ds ukferksa ds
19 nkoksa ds fy, 0-19 djksM+ dh jkf'k rd dk fuiVku fd;k x;kA mlh
çdkj] :is thou chek nkos ds rgr] chek fd, x, O;fä;ksa ds ukferksa ds
42 nkoksa ds fy, 0-13 djksM+ dh jkf'k rd dk fuiVku fd;k x;kA
ih,etsMhokbZ ds nwljs pj.k esa] ekuuh; ç/kkuea=h us lekt ds oafpr oxksaZds fy, rhu lkekftd lqj{kk ;kstuk,a tSls] ç/kkuea=h thou T;ksfr chek;kstuk ¼ih,etstschokbZ½& ,d thou chek ;kstuk] ç/kkuea=h lqj{kk chek;kstuk ¼ih,e,lchokbZ½ & ,d nq?kZVuk chek ;kstuk] vVy isa'ku ;kstuk¼,ihokbZ½ & isa'ku ;kstuk dk 'kqHkkjaHk ebZ] 2015 esa fd;kA 31-03-2016 rd;kstukvksa ds rgr cSad dk fu"iknu uhps çLrqr gS%
,ihokbZ
ih,etstschokbZ
ih,e,lchokbZ
ih,etstschokbZ ds varxZr] cSad us chfer O;fä;ksa ds ukferksa ds 623 nkoksads fy, 12-46 djksM+ rd dh jkf'k dk fuiVku fd;k rFkk blh çdkj]ih,e,lchokbZ ds varxZr] cSad us chfer O;fä;ksa ds ukferksa ds 115 nkoksa dsfy, 2-58 djksM+ dh jkf'k rd dk fuiVku fd;kA
31-03-2016 dks cSad dk ih,etstschokbZ ,oa ih,e,lchokbZ esa ih2ih ¼{kerkds fy, fu"iknu½ vuqikr 63-68 çfr'kr gS rFkk ih2ih vuqikr esa lHkhlkoZtfud {ks=d cSadksa ds chp] cSad dk loksZPp LFkku gSA
xzkeh.k yksxksa ds djhc vkus dh fn'kk esa ,d vkSj dne c<+krs gq,]fofHkUu fodklkRed xfrfof/k;ksa 'kq: djus ds fy, cSad us Þxzkeh.k fodklgsrq bafM;u cSad U;klß ¼vkbZchVhvkjMh½ ds uke ls ,d U;kl LFkkfir fd;kgSA
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tu lqj{kk ;kstuk ds rgr fu"iknu%
;kstuk dk uke doj fd, x, xzkgdksa dh la[;k
foÙkh; lk{kjrk xfrfof/k;ka%
98,980
7,29,371
16,45,442
40
Institute under Corporate Social Responsibility (CSR).
Besides, the annual recurring expenditure will be shared
with KLUniversity (KLU).
Branches have been opening Basic Saving Bank Deposit
Accounts (BSBDA) under PMJDY from 16.08.2014 and as
on 31 March, 2016, 29.93 lakh BSBD accounts have
been opened.
RuPay cards have been issued to 29.59 lakh BSBD
account holders under Pradhan Mantri Jhan Dhan Yojana
(PMJDY). The deposit mobilised in these accounts is
316.35 crore.
As of March 2016, various SLBCs have allotted 2975
SSAs (Sub-Service Areas) and 2023 urban wards to the
Bank under PMJDY. All the 2975 SSAs are provided with
banking services by our Bank. Of these, 2517 SSAs are
provided with banking services through Bank Mitrs
(Business correspondents) and 458 SSAs through Brick
and Mortar branches already functioning in the SSAs.
Bank had offered overdraft to 1,92,886 eligible account
holders to the tune of 37.95 crore. Of which 79,784
BSBD account holders have availed the limit amounting to
14.57 crore. Facility of an overdraft to every BSBD
account holder is considered after satisfactory operation /
credit history of six months. Bank has automated the
overdraft facility and made the same available through
ATMs of our Bank to the eligible PMJDY account holders.
All the SSAs allotted to the Bank are covered by either
brick or mortar branch or with Bank Mitr and all the Bank
Mitrs are provided with MicroATM devices.
100% of POS (Point of Sale) devices of the Bank have
been enabled for carrying out RuPay Card transactions.
Dr. A PJ Abdul Kalam Skill Development Training
Institute - inauguration function in the presence of
Hon'ble Union Home Minister, Shri Rajnath Singh and
Shri M.Venkaiah Naidu, Union Minister for Urban
Development, Housing and Urban Poverty Alleviation
and Parliamentary Affairs.
FINANCIAL INCLUSION
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All BCs are enabled for enrollment of application under
Micro Insurance andAtal Pension Yojana at their points.
Bank stood first among all Banks in terms of number of
transactions done by BCs with an average transaction
done per BC being 784 for the month of March 2016.
Aadhaar Enabled Payment System (AEPS) inter
operability facilities are enabled in all POS machines
deployed in Bank's SSAs. All BCs are doing AEPS
transactions and as on 31.03.2016, 34.22 lakh AEPS
transactions (both financial and non financial) have been
done by the BCs.
PMJDY account holders are being issued with RuPay
debit cards having inbuilt accidental insurance cover of
1 lakh and life cover of 30,000/- for the customers who
opened accounts between 15.08.2014 to 26.01.2015.
Under RuPay Accidental insurance claim, 19 claims to the
nominees of the insured to the tune of 0.19 crore were
settled. Similarly, under RuPay life insurance, 42 claims to
the nominees of the insured to the tune of 0.13 crore
were settled.
In the second phase of PMJDY, Hon'ble Prime Minister
launched three Social Security Schemes viz., Pradhan
Mantri Jeevan Jyoti Bima Yojana (PMJJBY) – a life
insurance scheme, Pradhan Mantri Suraksha Bima
Yojana (PMSBY) – an accidental insurance scheme, Atal
Pension Yojana (APY) – pension scheme in May 2015 for
the under privileged sections of the society. The
performance of the Bank under the Schemes as on
31.03.2016 is furnished below:
APY 98,980
PMJJBY 7,29,371
PMSBY 16,45,442
Under PMJJBY, Bank has settled 623 claims to the
nominees of the insured to the tune of 12.46 crore and
similarly under PMSBY, Bank has settled 115 claims to the
nominees of the insured to the tune of 2.58 crore.
The Bank's P2P (performance to potential) ratio in
PMJJBY and PMSBY is 63.68% as on 31.03.2016 and
Bank is the toppest among all the PSBs in P2P ratio.
As a step towards getting closer to the rural people, Bank
has set up a Trust by name "Indian Bank Trust for Rural
Development'' (IBTRD) for undertaking various
developmental activities.
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Performance under Jan Suraksha Yojana:
Name of the Scheme No. of customers covered
Financial Literacy activities:
41
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bl U;kl ds v/khu] cSad us fpÙkwj vkSj eNyhiV~ue ¼vka/kz çns'k½]
dMywj] /keZiwjh] dkaphiqje] —".kfxfj] ukeDdy] lsye] fr#o..kkeyS]
fr#oYywj] foyqiqje vkSj osYywj ¼rfeyukMq½] dsjy esa dksYye ,oa
iqnqPpsjh esa foÙkh; lk{kjrk vkSj _.k ijke'kZ ¼,Q,ylhlh½ dsaæ LFkkfir
fd, gSaA
>qXxh cfLr;ksa esa 'kgjh xjhc O;fä;ksa ds fgrkFkZ rhu egkuxjksa psUuS] fnYyh
rFkk eqEcbZ esa foÙkh; lekos'k lg;ksx gsrq 'kgjh foÙkh; lk{kjrk dsaæ
LFkkfir fd;s x;s gSaA
dsjy esa pM;eaxye rFkk ikjLlkyk esa {ks= Lrj ds foÙkh; lk{kjrk dsaæ
¼,Q,ylh½ LFkkfir fd, x,A
vc rd dqy 151644 O;fä;ksa dks foÙkh; ijke'kZ fn;k gSA
cSad 'kk[kkvksa vkSj ,Q,ylh us foÙkh; o"kZ 2015&16 ds nkSjku] 31]590
ykHkkfFkZ;ksa dks doj djrs gq, xkaoksa] Ldwyksa] vkS|ksfxd çf'k{k.k laLFkku]
O;kolkf;d çf'k{k.k dsaæksa esa foÙkh; lk{kjrk dk;ZØe vk;ksftr fd, rFkk
çf'k{k.kkfFkZ;ksa dks foÙkh; lk{kjrk lkexzh çnku dhA
rfeyukMq esa] lkekftd lqj{kk ;kstuk ds rgr] tqykbZ] 2012 ls lwpuk ,oa
lEçs"k.k rduhd ¼vkbZlhVh½ ij vk/kkfjr LekVZ dkMZ lefFkZr O;kikj
çfrfuf/k ¼chlh½ e‚My ds ek/;e ls ykHkkfFkZ;ksa dks o`)koLFkk isa'ku dk
Hkqxrku fd;k tk jgk gSA
vkt dh rkjh[k esa] rfeyukMq esa cSad fe=ksa ds ek/;e ls gj eghus 3-12
yk[k ykHkkfFkZ;ksa dks isa'ku laforfjr fd, tkrs gSaA
31-03-2016 dks lw{e] y?kq ,oa e/;e m|e dks cSad dk ,Dlikstj 12-81
çfr'kr c<+dj 21]031-57 djksM+ gqbZA
rfeyukMq esa lkekftd lqj{kk ;kstuk ds rgr isa'ku dk Hkqxrku%
y?kq ,oa e/;e m|eksa ¼,l,ebZ½ dks _.k dk çokg%
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cSad us HkhyokM+k] bZpydjath ,oa lwjr {ks= esa oL= DyLVj] eksjoh
{ks= esa lsjfed DyLVj] ukeDdy ,oa fr#PpsxksMq {ks=ksa esa fjx DyLVj]
,ebZihtsM] psUuS esa fu;kZr DyLVj] yqf/k;kuk esa gkstjh DyLVj]
vgenkckn esa l‚fey DyLVj] gkslqj esa v‚Vks iqjtk] tkya/kj vkSj yqf/k;kuk
esa lkbfdy ikVZ~l] v‚Vks ikVZ~l] e'khu VwYl] rFkk QkLVuj fuekZ.k
bdkb;ka] jktdksV esa flapkbZ iai fuekZ.k bdkb;ka] okih esa iSdsftax bdkb;ka]
oMksnjk esa QkekZL;qfVdy DyLVj ds fy, DyLVj&fo'ks"k ;kstuk,a
vuqeksfnr dh gSA
cSad lfØ; :i ls eqæk ;kstuk dks ykxw dj jgk gS rFkk eqæk ds lkFk
lg&czkaMsM] eqæk dkMZ ds uke ls ,d fo'ks"k #is MsfcV dkMZ] eqæk dkMZ dh
'kq:vkr dh gSA
ekbØks bdkb;ka fodkl vkSj iqufoZÙk ,tsalh fyfeVsM ¼eqæk½ dks cSadksa]
,uch,Qlh] ,e,QvkbZ vkfn dk iqufoZÙk djus ds fy, ,d u;k foÙkh;
bdkbZ ds :i esa 8 vçSy 2015 dks ekuuh; ç/kkuea=h }kjk 'kq: fd;k x;k
Fkk tks lw{e m|eksa ds fy, _.k nsus ds O;olk; esa gSaA
fofuekZ.k] O;kikj vkSj lsokvksa ftldh _.k vko';drk #i;s 10-00 yk[k
ls uhps gSa esa xSj&—f"k m|eksa dks vk; l`tu ds fy, fn, x, _.k dks
ç/kkuea=h eqæk ;kstuk ¼ih,e,eokbZ½ ds varxZr eqæk _.k ds :i esa tkuk
tkrk gSA 50]000 gtkj rd ds _.k dks ^^f'k'kq^^] 50]000 gtkj ls 5
yk[k rd ds _.k dks ^^fd'kksjß vkSj 5 yk[k ls 10 yk[k rd ds _.k dks
r#.k dgk tkrk gSA ih,etsMhokbZ ds varxZr 5000 gtkj eatwj fd, x,
vksojMªk¶V jkf'k dks ih,e,eokbZ ds varxZr eqæk _.k ds :i esa Hkh oxhZ—r
fd;k tkrk gSA
djksM+ esa
f'k'kq
fd'kksj
r#.k
esllZ fd'kksj fQft;ks ds;j: lqJh Vh vafcdk] ,d fQft;ksFksjsfiLV gS tks
vius [kqn ds fQft;ks dsaæ 'kq: djuk pkgrh gSA
cSad ds enqjS eq[; 'kk[kk us ifj;kstuk fjiksVZ rS;kj djus ds leFkZu esa
viuk gkFk vkxs c<+k;kA rnuqlkj] dSfj;j esa vkxs c<+us dh mudh yxu
vkSj –<+ ladYi dks ns[krs gq,] r:.k ¼ih,e,eokbZ½ ;kstuk ds rgr
5]28]000 dh _.k] enqjS esa ,d 'kkjhfjd fQVusl lsaVj dh LFkkiuk ds
fy, eatwj dh xbZA
eqæk ;kstuk%
oxhZdj.k [kkrksa dh la[;k Loh—r laforj.k
y{; okLrfod okLrfod okLrfod
dqy
lQyrk dh dgkfu;ka%
esllZ fd'kksj fQft;ks ds;j & r:.k ;kstuk ds rgr
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128468 182841 1514.87 1484.35
81965 139329 256.20 255.47
44026 37922 833.42 815.57
2477 5590 425.25 413.31
1.
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Under the trust, the Bank has established Financial
Literacy and Credit Counseling (FLCC) centres at Chittoor
and Machilipatnam (Andhra Pradesh) Cuddalore,
Dharmapuri, Kancheepuram, Krishnagiri, Namakkal,
Salem, Thiruvannamalai, Thiruvallur, Villupuram and
Vellore (Tamil Nadu), Kollam in Kerala and Puducherry.
Urban Financial Literacy Centres were established in
Chennai, Delhi and Mumbai for the benefit of poor masses
in slum areas to assist financial inclusion in 3 Metros.
Block level Financial Literacy Centres (FLCs) were
established at Chadayamangalam and Parassala Blocks
in Kerala.
A total of 151644 individuals were provided financial
counseling so far.
Bank branches and FLCs conducted Financial Literacy
Programme in Villages, Schools, Industrial Training
Institutes, Vocational Training Centres covering 31,590
beneficiaries during the FY 2015-16 and provided
Financial Literacy materials to the trainees.
In Tamil Nadu, under Social Security Scheme, Old Age
pension is being paid to beneficiaries using Information
and Communication Technology (ICT) based Smart Card
enabled Business Correspondent (BC) Model, since July
2012.
As on date, pension is disbursed to 3.12 lakh beneficiaries
every month through Bank Mitrs in Tamil Nadu.
The Bank's exposure to Micro Small & Medium
Enterprises grew by 12.81 percent to 21031.57 crore as
on 31.03.2016.
Payment of pension under Social Security Scheme in
Tamil Nadu:
CREDIT FLOW TO SMALL AND MEDIUM ENTERPRISES
(SME)
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Bank has approved cluster specific schemes for Textile
Cluster in Bhilwara, Ichalkaranji and Surat Regions,
Ceramic Cluster in Morvi Region, Rig Cluster in Namakkal
and Tiruchengode Region, Export cluster in MEPZ
Chennai, Hosiery Cluster at Ludhiana, Saw Mill Cluster at
Ahmedabad, Auto components cluster at Hosur, Cycle
part, auto parts, machine tools and fasteners
manufacturing units at Jalandhar & Ludhiana, Irrigation
pump manufacturing units at Rajkot, Packaging units at
Vapi and Pharmaceutical cluster at Vadodara.
Bank is actively implementing the MUDRA scheme and
introduced a special Rupay debit card, called MUDRA
card, co-branded with MUDRA.
Micro Units Development and Refinance Agency Ltd.
(MUDRA) was launched by the Hon'ble Prime Minister on
April 8, 2015 as a new financial entity, for refinancing
Banks, NBFCs, MFIs etc; who are in the business of
lending to micro enterprises.
The loans given to non-farm enterprises in manufacturing,
trading and services whose credit needs are below
10.00 lacs, for income generation is known as MUDRA
loans under the Prime Minister's Mudra Yojana (PMMY).
Loans upto 50,000 is termed as “Shishu”, Loans from
50,000 to 5 lakhs is termed as “Kishore” and loans from
5 lakhs to 10 lakhs is termed as “Tarun”. The overdraft
amount of 5,000 sanctioned under PMJDY is also
classified as MUDRAloans under PMMY.
( in crore)
M/s Kishore Physio Care: Ms T Ambika, a physiotherapist
wished to start her own physio centre.
Madurai Main branch of the Bank extended handholding
support for preparation of project report. Accordingly, on
seeing the passion and determination to grow in her
career, loan of 5,28,000 was sanctioned under TARUN
(PMMY) scheme for setting up a physical fitness centre at
Madurai.
MUDRASCHEME
SUCCESS STORIES
1. M/s KISHORE PHYSIO CARE – UNDER TARUN
SCHEME
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ClassificationNo of Accounts Sanctioned Disbursement
Target Actual Actual Actual
Total 128468 182841 1514.87 1484.35
Shishu 81965 139329 256.20 255.47
Kishore 44026 37922 833.42 815.57
Tarun 2477 5590 425.25 413.31
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cSad us ftyk m|ksx dsaæ ls 25 çfr'kr lfClMh lgk;rk gsrq vkosnu djus
ds fy, mls ekxZnf'kZr Hkh fd;k tSlkfd _.k vkosnu jkT; ljdkj ds
dk;ZØeksa tSls ,ubZbZMh,l ¼u, m|eh lg m|e fodkl ;kstuk½ esa ls ,d
ds rgr lfClMh ds fy, ik= gksuk ik;k x;k FkkA
lqJh ts- egky{eh viuh [kqn dh ikyZj 'kq: djuk pkgrh Fkh vkSj viusvklikl ds {ks= esa dbZ cSadksa ls laidZ fd;kA
r#.k ;kstuk ds varxZr] C;wVh ikyZj LFkkfir djus ds fy, 7]89]000 dk_.k eatwj fd;k x;kA
gekjh enn ls mlus lQyrkiwoZd ,d u;k ikyZj LFkkfir fd;k vkSjxksjhiyk;e ¼enqjS½ {ks= esa vPNh lsok ds lkFk [kqn dks LFkkfir djuk 'kq:fd;k rFkk mlds ifjokj dh vk; esa çfr ekg 34]000@& dh c<+ksrjhgqbZA
o"kZ ds nkSjku cSad ds x`g _.k] okgu _.k] oS;fäd _.k] ,u,llh _.krFkk ca/kd _.k tks oS;fäd [kaM _.k ds lafoHkkx gS] 11]858-76 djksM+rd c<+k gS ftlls 14-25 çfr'kr dh o`f) gqbZ gSA
31-03-2016 dks oS;fäd [kaM ds rgr dqy cdk;k _.k 19]159-83 djksM+jgkA
31-03-2016 dks x`g _.k ds rgr 9-61 çfr'kr dh o`f) ntZ djrs gq,816-34 djksM+ jgkA
31-03-2016 dks v‚Vkseksckby _.k ds rgr 14-58 çfr'kr dh o`f) ntZdjrs gq, 9168-53 djksM+ jgkA
2- ts- egky{eh& r#.k ds rgr
oS;fäd [kaM ds _.k%
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31-03-2016 dks ca/kd _.k ds rgr 42-59 çfr'kr dh o`f) ntZ djrs gq,944-32 djksM+ jgkA
cSad us rfeyukMq ,oa iqnqPpsjh esa ck<+ ls çHkkfor xzkgdksa gsrq dbZ çdkj
dh jkgr igqapkbZA
19709 xzkgdksa dks osru _.k fn;k x;k ftldh dqy jkf'k
133-06 djksM+ jgkA
570 xzkgdksa dks laifÙk;ksa dh ejEer ,oa uohdj.k ds fy, x`g
_.k @ ca/kd _.k fn, x, ftldh dqy jkf'k 21-93 djksM+ jgkA
35 xzkgdksa dks ck<+ ls çHkkfor okguksa dh ejEer gsrq fo'ks"k cstekurh
_.k fn;k x;k ftldh dqy jkf'k 0-36 djksM+ jgkA
1594 xzkgdksa dks x`g _.k dh iqu%ljapuk gsrq _.k fn;k x;k ftlesa
189-85 djksM+ dh jkf'k 'kkfey jgkA
283 xzkgdksa dks okgu _.k dh iqu%ljapuk gsrq _.k fn;k x;k ftlesa
8-95 djksM+ dh jkf'k 'kkfey jgkA
x`g _.k
okgu _.k
O;fäxr _.k
,u,llh@dsohih@,yvkbZlh@ i‚fylh ds fo#) _.k
caèkd _.k
LVkQ vkokl _.k
'kSf{kd _.k
vkHkw"k.k _.k ¼xSj&çkFkfed½
Lo;a dh tekvksa ds fo#) _.k
dqy
cSad ds _.k tksf[ke çfØ;k ds ,d vax ds :i esa fofHkUu Lrjksa ij _.k
leh{kk çcaèku ¼,yvkj,e½ rFkk d‚ikZsjsV dk;kZy; o vapy dk;kZy; esa
fofHkUu lfefr;ksa }kjk mèkkjdrkZvksa ds Loh—r [krkvksa dk iqujh{k.k lfgr
fofHkUu Lrjksa ij _.k ys[kk ijh{kk fd;k tkrk gSA
o"kZ 2015-16 ds nkSjku] ekud cdk;k xSj&[kk| _.kksa ds yxHkx
çfr'kr dks ,yvkj,e rFkk _.k ys[kk ijh{kk ds vèkhu j[kk x;k tcfd
,yvkj,e uhfr ds vuqlkj U;wure dojst çfr'kr gSA
fo'ks"k mYys[k [kkrksa ¼,l,e,½ ds fu;eu gsrq mls çfrfnu lfØ; :i ls
e‚fuVj ,oa Q‚yks vi fd;k tkrk gSA d‚ikZsjsV dk;kZy; ds dk;kZRed _.k
foHkkxksa ds foHkkx çeq[kksa ls feydj cuh ekud vkfLr tk¡p lfefr çR;sd
ekfgus leLr ,l,e, [kkrksa dk iqujh{k.k djrh gSA
i
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31-03-2016 dks fLFkfr
fooj.k #- djksM+ esa
iw.kZ ;ksx
vkHkw"k.k _.k & xSj ÁkFkfedrk {ks= d¢
varxZr vkà ch ih lh d¨ N¨M+dj½
_.k fuxjkuh d{k
69
50
9168.53
816.34
922.60
6.97
944.32
347.45
3176.55
2778.02
1339.17
11858.76
19159.83
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Bank also guided her to apply for 25 per cent subsidy
assistance to the District Industries Centre as the loan
application was found to be eligible for subsidy under one
of the State Government programs, namely, NEEDS (New
Entrepreneur cum Enterprise Development Scheme).
Ms.J Mahalakshmi wanted to start her own parlour and
approached many banks in her vicinity.
Under the TARUN scheme, a loan of 7,89,000 for setting
up of a Beauty Parlour was granted.
She has successfully set up a new parlour with our
assistance and started establishing herself with good
service in the Goripalayam (Madurai) area and the income
of her family has increased to 34,000/- per month.
Bank's Personal Segment loans comprising of Home
Loan, Automobile Loan, Personal Loan, NSC Loan and
Mortgage Loan witnessed an increase of 14.25% during
the year to 11,858.76 crore.
Total outstanding loans under Personal Segment was at
19,159.83 crore as on 31.03.2016.
Balance outstanding under Home Loan as on 31.03.2016
was at 9168.53 crore registering a growth of 9.61 per
cent.
Balance outstanding under Automobile Loan as on
31.03.2016 was at 816.34 crore registering a growth of
14.58 per cent.
2. J MAHALAKSHMI –UNDER TARUN
PERSONAL SEGMENT LOANS:
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Balance outstanding under Mortgage Loan as on
31.03.2016 was at 944.32 crore registering a growth of
42.59 per cent.
Bank extended various relief assistance for the flood
affected customers in Tamil Nadu and Puducherry.
Salary Loans to 19709 clients amounting to
133.06 crore.
Additional Home Loan/Mortgage loan for repairs and
renovation of properties to 570 customers amounting
to 21.93 crore.
Special clean loan for repairing the affected vehicles
for 35 customers amounting to 0.36 crore.
Restructuring of Home loan for 1594 customers
involving an amount of 189.85 crore.
Restructuring of Vehicle loan for 283 customers
involving an amount of 8.95 crore.
Home Loan 9168.53
Automobile Loan 816.34
Personal Loan 922.60
Loan against NSC/KVP/LIC Policy 6.97
Mortgage Loans 944.32
Staff Housing Loan 347.45
Educational Loan 3176.55
Jewel Loan (Non Priority) 2778.02
Loan against own deposit 1339.17
As part of Bank's Credit Risk Management process,
review of accounts under Loan Review Mechanism (LRM)
and Credit Audit have been carried out at various levels
including the review of borrowal accounts sanctioned by
various Committees at Corporate Office and Zonal
Offices.
During the year 2015-16, 69 percent of standard non-food
credit outstanding have been put under LRM and Credit
Audit as against the minimum coverage of 50 percent as
per LRM policy.
Special Mention Accounts (SMA) are monitored on a daily
basis and followed up effectively for regularization.
The Standard Asset Monitoring Committee comprising of
Department Heads of Functional credit departments at
Corporate Office reviewed all SMAaccounts every month.
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Position as on 31.03.2016 :
Particulars Amount in Crore
Subtotal 11858.76
Total (Excluding IBPC under
Jewel Loan Non Priority) 19159.83
CREDIT MONITORING CELL
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ftldh lwpuk lhvkjvkbZ,y ds varxZr Hkkjrh; fjtoZ cSad dks nh tkrh gS]
muij ckjhdh ls fuxjkuh j[kh xbZ ,oa foinkxzLr vkfLr;ksa dks iqutÊfor
djus gsrq fn, x, fn'kkfunZs'kksa ds varxZr mi;qä mipkjkRed dkjZokbZ dh
xbZA
olwyh dks e‚fuVj djus dh cksMZ Lrjh; lfefr] vkofèkd rkSj ij
lhvkjvkbZ,ylh ds varxZr HkkfjcSa dks jsiksfVZr ,l,e, [kkrksa esa
ts,y,Q+ ds xBu vkSj lh,ih ds dk;kZUo;u ds lacaèk esa fooknxzLr
vkfLr;ksa ds iqu#Tthou ds dk;kZUo;u dh fLFkfr dh iqujh{kk ,oa i;Zos{k.k
djrk gSA
cSad us vkfLr xq.koÙkk ij fujarj è;ku dsfUær djrs gq, çHkkoh rjhds ls
dbZ foosdh _.k fuxjkuh Vwyksa dk bLrseky fd;k gSA cSad twu 2011 ls
,uih, ¼xSj fu"iknd vkfLr½ dh flLVe }kjk igpku ç.kkyh dk
lQyrkiwoZd vuqorZu dj jgk gS ,oa Qjojh 2016 ls xSj fu"iknd
vkfLr;ksa dh ekfld ¶ysfxax dh 'kq#vkr dh xbZA
cSad us u, ,uih, [kkrksa dh olwyh@dksVh mUu;u ds fy, le; ij
dkjZokbZ dh gS vkSj fo'ks"k mYys[k [kkrksa ¼,l,e,½ dk irk yxkdj mUgsa
e‚fuVj djus ds tfj, ckfèkr [kkrksa dk fu;fer vuqorZu fd;k tkrk gS
rkfd fxjkoV dks U;wure Lrj ij cuk, j[kk tk ldsA
cSad us u, ,uih, dh olwyh vkSj u, ,uih, dks de djus dh fn'kk esa
vPNk fu"iknu ntZ fd;k gSA u, vkfLr xq.koÙkk iqujh{k.k ¼,D;wvkj½ dk
çHkko Hkh vkaf'kd :i ls u, ,uih, dh o`f) dk dkj.k FkkA yksd vnkyr]
vksVh,l ds tfj, ckrphr }kjk le>kSrs rFkk MhvkjVh@ljQslh
vfèkfu;e vkfn ds tfj, olwyh ds dneksa ls u, ,uih, esa ?kVkSrh laHko gqbZ
gSA vapyksa@'kk[kkvksa dks LoSfNd pwddrkZ@vlg;ksxh mèkkjdrkZ dh
igpku dj muij O;fäxr xkjaVh ykxw djuk] lekiu ;kfpdk nk;j
djuk] caèkd 'ks;jksa dk gLrkarj.k vkfn leLr olwyh ekin.Mksa dks
lfØ;rkiwoZd viukus dh lykg nh xbZA
cSad us iwjs Hkkjr esa ikap esxk bZ&uhykeh vk;ksftr fd;k] tgk¡ cSad dks caèkd
j[ks x, lEifÙk;ksa dks foØ; gsrq yk;k x;k ,oa djksM+ #i;s dh
olwyh dh xbZA
cSad us lfØ; :i ls o"kZ ds nkSjku fofHkUu frfFk;ksa ij vk;ksftr Ng
jk"Vªh; yksd vnkyr esa Hkkx fy;kA blesa djksM+ #i;s ls lac)
dqy ekeys 'kkfey Fks ,oa buesa ls [kkrksa ds
djksM+ #i;s ds ekeyksa dk fuiVku fd;k x;k ,oa blh Øe esa djksM+
#i;s dh Li‚V olwyh dh xbZA
blds vykok cSad us foÙkh; o"kZ ds nkSjku yksd vnkyr dk vk;kstu fd;k]
ftuesa djksM+ #i;s ls lac) ekeys lfEefyr FksA buesa ls
14]638 [kkrksa ds djksM+ #i;s ds ekeyksa dk fuiVku fd;k x;k ,oa
djksM+ #i;s dh gkftj olwyh dh xbZA
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2
-2
300 63.93
1637.39
1 58 455 22,545 208.37
38.20
848.45 91731
109.11
43.60
vkfLr xq.koÙkk çcaèku
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cnyrs vkfFkZd ifjçs{; ds vuq:i olwyh uhfr dks csgrj <ax ls
lek;ksftr fd;k x;k ,oa lhekorÊ vfèkdkfj;ksa dks olwyh ds çn'kZu esa
lqèkkj gsrq tkx:d fd;k x;kA blds vykok olwyh foHkkx ds vfèkdkfj;ksa
}kjk vapy dk nkSjk djrs le; u, ,uih,@lafnXèk [kkrksa ds olwyh ,oa
mUu;u ds çkoèkkuksa esa o`f) ds egRo ij cy fn;k x;kA
Jh egs'k dqekj tSu] çcaèk funs'kd ,oa eq[; dk;Zikyd vfèkdkjh ds
vkºoku ij deZpkjh la?k ,oa vfèkdkjh ,lksfl,'ku us cSad dh olwyh ds
ç;klksa esa viuk leFkZu nsus dk opu fn;kA
iwjs ns'k esa vodk'k vofèk ds nkSjku fnukad o
,oa o dks xgu olwyh f'kfoj ds varxZr
?kj&?kj tkdj olwyh vfHk;ku pyk;k x;kA deZpkjh la?k ,oa vfèkdkjh
vlksf'k,'ku ds çfrfufèk rFkk gekjs LVkQ lnL;ksa us blesa lfØ; :i ls
Hkkx fy;k rFkk mèkkjdrkZvksa ds fuokl LFky@dk;Z LFky dk nkSjk dj
rRdky cdk;k jkf'k Hkqxrku djus dk vkxzg fd;kA lewgc) :i ls
olwyh f'kfojksa dk vk;kstu fd;k x;k ,oa djksM+ #i;s uxn olwy
fd;k x;kA dqN dsUæksa esa ?kVukvksa dks çsl ds lkFk doj djrs gq, bl
vfHk;ku dks vPNh çfrfØ;k çkIr gqbZA
o"kZ ds nkSjku cês [kkrksa esa ,oa v'kksè; _.kksa dh olwyh ds varxZr 269-81
djksM+ #i;s dh olwyh dh xbZA
_.k leh{kk çcaèku lfefr ¼,yvkj,elh½ fu;fer rkSj ij ekud vkfLr;ksa
dk _.k leh{kk ra= rFkk _.k ys[kk ijh{kk dk;ksZa dh leh{kk djrh gSA
ekud vkfLr ekuhVfjax lfefr ¼,l,,elh½ yxkrkj fo'ks"k mfYyf[kr
[kkrksa dh leh{kk djrh gS rFkk ekud vkfLr;ksa dk xSj&fu"ikfnr vkfLr;ksa
esa fxjkoV ls cpus ds fy, le; ij olwyh dkjZokbZ çkjEHk dh tkrh gSA
cSad us ;qukbVsM bafM;k bU';qjsal daiuh çkbosV fyfeVsM ds lkFk
xSj&thou chek@lkekU;@LokLF; chek ,oa Hkkjrh; thou chek fuxe
¼,yvkbZlh½ ds lkFk thou chek O;kikj ds fy, d‚ikZsjsV ,tsalh le>kSrk
¼lh,,½ fd;k gSA
E;wpqoy Q.M forj.k ds fy, cSad }kjk ;wVhvkbZ vkfLr izcU/ku daiuh
fyfeVsM] fjyk;Ul dSfiVy vkfLr izcU/ku fyfeVsM vkSj ,lchvkbZ
E;wpqoy Q.M ds lkFk xBtksM dh O;oLFkk dh xbZ gSaA
fuEufyf[kr daifu;ksa ds lkFk le>kSrk gksus ij cSad vius xzkgdksa ds fy,
oSdfYid vkèkkj ij fofHkUu lewg chek mRikn çnku djrk gS
Hkkjrh; thou chek fuxe }kjk thou chek doj djusokyh
çèkkuea=h thou T;ksfr chek ;kstuk ¼ih,etstschokbZ & Hkkjr
ljdkj dh lkekftd lqj{kk ;kstuk½
Hkkjrh; thou chek fuxe }kjk nq?kZVuk esa e`R;q vkSj fodykaxrk dks
doj djusokyh çèkkuea=h lqj{kk chek ;kstuk ¼ih,e,lchokbZ &
Hkkjr ljdkj dh lkekftd lqj{kk ;kstuk½
Hkkjrh; thou chek fuxe }kjk fdlh Hkh dkj.ko'k e`R;q dks doj
djusokyh vkbZchthou dY;k.k vkSj thou ofj"B(
12-03-2016 13-03-2016
26-03-2015 27-03-2016
456
224
cSad,';qjsal ,oa E;wpqvy QaM O;kikj
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Large borrowal accounts with deteriorating asset quality
upto SMA-2 level and reported to RBI under CRILC have
been closely monitored and appropriate remedial action
was taken as per guidelines contained in the Framework
for Revitalizing DistressedAssets.
Board Level Committee on monitoring of recovery
periodically reviews and oversees the status of
implementation of the Revitalizing Distressed Assets
policy with regard to formation of Joint Lenders' Forum
(JLF), implementation of Corrective Action Plan (CAP)
and reporting to RBI under Central Repository
of Information on Large Credits (CRILC).
Bank has deployed prudent credit monitoring tools, with
continuous and consistent focus on quality of assets. Bank
has been following a system-driven identification of NPA
(Non Performing Assets) successfully since June 2011
and introduced monthly flagging of NPAs from
February 2016.
Bank has taken timely action for recovery/upgradation of
fresh NPA accounts and stressed accounts are regularly
followed up to minimize the slippages by identifying and
monitoring Special MentionAccounts (SMA).
The Bank has recorded good performance towards
recovery and reduction of fresh NPA. Increase in Fresh
NPAs was partly due to Asset Quality Review (AQR)
impact. Different recovery mechanisms like Lok Adalats,
Negotiated settlements through One Time Settlement
(OTS) and recovery measures through DRT / SARFAESI
Act have resulted in improved recovery performance.
Zones/Branches have been advised to aggressively
implement all recovery measures including classification
of the accounts as willful defaulter/non-cooperative
borrower, invocation of personal guarantee, filing of
winding up petition, transfer of pledge of shares, etc.
Bank Conducted Five Mega e-auctions all over India
wherein 300 Properties mortgaged to the bank were
brought for sale and a recovery of 63.93 crore was
effected.
Bank actively participated in the six National Lok Adalats
held on various dates during the year. A total number of
1,58,455 cases were referred involving 1637.39 crore
and cases were settled in 22,545 accounts for
208.37 crore and spot recovery to the tune
of 38.20 crore was made.
Besides, Bank organised Lok Adalats during the Financial
year where in 91,731 cases involving an amount of
848.45 crore were referred. Total number of cases
settled was 14,638 for 109.11 crore and spot recovery
was made to the tune of 43.60 crore.
ASSET QUALITY MANAGEMENT
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In line with the changing economic scenario, Recovery
Policy has been fine tuned and frontline officials have
been sensitised for improving recovery performance.
Besides, during the visit of officials from Recovery
Department to Zones, the importance of reduction in
provision by way of increasing recovery and upgradation
in Fresh NPAs/Doubtful accounts was emphasised.
In response to the call given by Shri. Mahesh Kumar Jain,
MD & CEO, Employees Union and Officer Association
pledged their support for the recovery efforts of the Bank.
In the Intensive recovery Camp involving door to door
campaign held during the Holidays, i.e., on 12.03.2016
& 13.03.2016 and 26.03.2015 & 27.03.2016 across the
country, the representative of Employees Union and
Officers Association and our staff actively participated
and visited the borrowers at their residence / place of work
and urged them to pay the dues immediately. On cluster
basis, 456 recovery camps were conducted and cash
recovery of 224 crore was made. There was good
response for the campaign with press covering the events
at some centres.
A recovery of 269.81 crore were made under recovery of
Bad Debts and Written offAccounts during the year.
Loan Review Management Committee (LRMC) reviews
Standard Assets through Loan Review Mechanism and
Credit Audit functions on a regular basis. Standard Assets
Monitoring Committee (SAMC) reviews Special Mention
Accounts (SMA) on continuous basis and timely recovery
action is initiated to prevent slippage of StandardAssets to
Non PerformingAssets.
Bank has Corporate Agency Arrangement (CAA) with
United India Insurance Co. Ltd. (UIIC) for
Non-life/General/Health Insurance business and with
LIC of India (LIC) for Life Insurance business
For Mutual Fund distribution, Bank has tie-up
arrangements with UTI Asset Management Co. Ltd,
Reliance Capital Asset Management Ltd. and SBI Funds
Management Pvt. Ltd
Bank offers various group insurance products on optional
basis to its customers by having arrangements with the
companies as mentioned below:
Pradhan Mantri Jeevan Jyoti Bima Yojana
(PMJJBY - Social Security Scheme of Government of
India) by LIC of India for life cover
Pradhan Mantr i Suraksha Bima Yojana
(PMSBY - Social Security Scheme of Govt of India)
by UIIC for accidental death & disability cover
IB Jeevan Kalyan & Jeevan Varishta by LIC of India
covering death due to any reasons
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BANCASSURANCEAND MUTUAL FUND BUSINESS
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;wvkbZvkbZlhvks }kjk nq?kZVuk ls gksusokyh e`R;q dks doj djusokyhvkbZch N=
;wvkbZvkbZlh }kjk gekjs [kkrk èkkjdksa ds fy, xzqi esMhDyse bU';qjsalnsusokyh vkjksX; j{kk
;wvkbZvkbZlhvks }kjk gokbZ tgkt ds vykok vU; ek/;eksa ls ns'kh;;k=k ds fy, xzwi ;k=k chek ;kstuk dks doj djusokyh vkbZch ;k=klqj{kk(
Hkkjrh; thou chek fuxe }kjk x`g _.k m/kkjdrkZvksa dks dojdjusokyh vkbZch x`g thou(
dksVd ykbQ }kjk x`g _.k m/kkjdrkZvksa dks doj djus gsrq vkbZchgkse lqj{kk(
Hkkjrh; thou chek fuxe }kjk 'kSf{kd _.k Nk= m/kkjdrkZvksa dksdoj djusokyh vkbZch thou fo|k
ih,uch esVykbQ }kjk 'kSf{kd _.k Nk= m/kkjdrkZvksa dks dojdjusokyh vkbZch fo|kFkhZ lqj{kk
cSad dk tksf[ke çcaèku ra= fofHkUu tksf[keksa dh Li"V le>] vuq'kkflrtksf[ke ewY;kadu ,oa eki çfØ;kvksa rFkk lrr tk¡p ij vkèkkfjr gSA laiw.kZm|e esa izHkkoksRiknd tksf[ke izca/ku ds fy, ,d Lora= tksf[ke izca/kufoHkkx dk;Zjr gS ,oa ;g cSad Hkj ds ewY;kadu] e‚fuVfjax rFkk tksf[kefuos'k dh fjiksfVZax ds fy, ftEesnkj gSA fuEufyf[kr rhu 'kh"kZ Lrjh;lfefr;ksa ds tfj, cSad dh lHkh tksf[keksa dk izca/ku fd;k tkrk gS
_.k tksf[ke izca/k lfefr ¼lhvkj,elh ½
vkfLr ,oa ns;rk izca/k lfefr ¼vkydks½
ifjpkyuxr tksf[ke izca/k lfefr ¼vksvkj,elh½
;s lfefr;ka cksMZ vkSj cksMZ dh tksf[ke izca/ku lfefr }kjk vuqeksfnr uhfr;ksa vkSjlexz fn'kkfunsZ'kksa ds varxZr dke djrh gSaA
tksf[keksa ds izcU/ku ds fy, cSad us fofHkUu uhfr;k¡ fu/kkZfjr dh gSaA mn~;e&Lrjtksf[ke dk fo'ys"k.k djus rFkk lHkh tksf[keksa dks ,dhd`r djus dh n`f"V ls],d ,dhd`r tksf[ke izcU/ku uhfr cuk;h x;h gSA egRoiw.kZ tksf[ke uhfr;ksa esa_.k tksf[ke izca/ku uhfr] rjyrk çcaèku uhfr] cktkj tksf[ke izca/ku uhfr]ifjpkyuxr tksf[ke çcaèku uhfr] vkarfjd iwath i;kZIrrk vkdyu çfØ;k¼vkbZlh,,ih½ uhfr] ruko ijh{k.k uhfr] laikfUoZd izcU/ku uhfr vkSj izdVhdj.kuhfr] çfr"Bk tksf[ke çcaèku uhfr rFkk lkefjd tksf[ke çcaèku uhfr 'kkfeygSaA
tksf[ke izcU/ku lfefr ¼vkj,elh½@cksMZ }kjk lHkh uhfr;ka okf"kZd vk/kkj ijiqujhf{kr dh tkrh gSaA tksf[ke izca/ku ladYiukvksa dh tkudkjh nsus vkSj {ks=Lrj ds dk;ZdrkZvksa dks buds izfr tkx:d cukus ds mn~ns'; ls lHkh lacaf/kruhfr;ka 'kk[kkvksa ds chp ifjpkfyr dh xbZ gSa rFkk blds vykok cSad ds izf'k{k.kdkWystksa esa bldk izf'k{k.k fn;k tk jgk gSA
izkjafHkd pj.k ij gh tksf[keksa dks igpkudj mudk fo'ys"k.k djus] foosdiw.kZlhek,a fu/kkZfjr dj mUgsa vuqjf{kr djus rFkk cnyrs tksf[ke ekgkSy dk lkeukdjus ds fy, vU; lq/kkjkRed dne mBkus ds fy, tksf[ke izca/ku iz.kkyhLFkkfir dh xbZ gSA
tksf[ke çca/ku
_.k tksf[ke
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lhek fuèkkZj.k %
jsfVax e‚My
Ldksfjax e‚My
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_.k tksf[ke ,oa ldsaæ.k tksf[ke ds ifjek.k dks lhekc) djus ds fy,
fuEufyf[kr ,Dlikst+jksa ds fy, lhek dk fuekkZj.k fd;k x;k % ,dy ,oa
lkewfgd _.kh] laosnu'khy {ks= ,Dlikstj] vjf{kr ,Dlikstj] varjcSad
,Dlikstj] ns'kokj ,Dlikstj] vkarfjd jsfVaxokj ,Dlikstj] HkkSxksfyd
,Dlikstj ,oa fe;knh _.k ,DlikstjA
bu ,Dlikstj lhekvksa dks fu;fer vkèkkj ij e‚fuVj fd;k x;k vkSj mUgsa
cksMZ dh lfefr ds fofoèk mPpkfekdkfj;ksa ds le{k çLrqr fd;k x;kA
leLr _.k çLrko ,d l[r tksf[ke jsfVax@ _.k vuqeksnu ,oa fu.kZ;
ysus esa lgk;rk djus gsrq Ldksfjax çfØ;k ds lkFk gh lafoHkkx çcaèku] ewY;
fuèkkZj.k ,oa tksf[ke vkèkkfjr iwath eki esa tksf[ke çcaèku {kerkvksa esa o`f)
djus ds mís'; ls cuk, x, gSaA
l‚¶Vos;j lapkfyr jsfVax ra= jsfVax dks fuf'pr dj ços'k Lrj dh
Ldksfjax ç.kkyh ds vfrfjä _.k dh xq.koÙkk lqfuf'pr djus ds fy,
yk;k x;k gSA jsfVax e‚My ds vkmViqV dk mi;ksx fu.kZ; ysus vFkkZr
eatwjh] ewY; fuèkkZj.k vkSj ØsfMV iksVZQksfy;ks ds e‚fuVfjax esa fd;k tkrk
gSA jsfVax e‚My dh {kerk ds ijh{k.k gsrq bls ,d ckgjh laLFkk ls fofèkekU;
fd;k x;k gSA cSad le;≤ ij bl e‚My dk lR;kiu ç;ksx djsxhA
cSad us ços'k Lrj ij Ldksfjax e‚My fodflr fd;k gSA O;fäxr _.k
mRiknksa ds rgr vkusokys leLr ubZ eatwfj;k¡ ços'k Lrj dh Ldksfjax ds
vèkhu vkrs gSaA
_.k leh{kk ra= vkSj _.k ys[kk ijh{kk ç.kkyh cM+s ewY; ds [kkrksa dh
vkofèkd leh{kk @ ys[kk ijh{kk djrh gS ,oa cSad ds _.k lapkyu esa
xq.kkRed lqèkkj ykrh gSA blds vykok ekud vkfLr ekuhVfjax lfefr
yxkrkj fo'ks"k mYys[k [kkrksa dh leh{kk djrh gS rkfd ekud vkfLr;ksa dk
xSj&fu"ikfnr vkfLr;ksa esa fxjkoV gksus ls cpkus ds fy, le; ij olwyh
dkjZokbZ çkjEHk dh tk ldsA e‚fuVfjax ra= ds ,d Hkkx ds :i esa mu
[kkrkvksa dks tks fuos'k Js.kh ls voufr dh vksj tk jgs gSa mudh igpku dh
tkrh gS ,oa frekghokj è;kuiwoZd e‚fuVj fd;k tkrk gSA
[kkrksa dh jsfVax dk LFkkukarj.k okf"kZd vkèkkj ij fd;k tkrk gSA lkFk gh
cSad lafoHkkx ij vkèkkfjr m|ksxksa dk Hkkfjr vkSlr jsfVax frekghokj :i ls
fd;k tkrk gSA vfxzeksa ds jsfVax okbt+ forj.k dk fo'ys"k.k frekghokj
fd;k tkrk gSA
tksf[ke çcaèku xfrfofèk;ksa ds ,d vax ds :i esa dkikZsjsV dk;kZy; Lrj ds
varxZr vkus okys ØsfMV çLrkoksa ¼;kstukc) _.kksa ds vfrfjä½ dk
iqujh{k.k tksf[ke çcaèku foHkkx }kjk fd;k tkrk gSA
:
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IB Chhatra by UIIC covering death due to accidents
Arogya Raksha by UIIC extending Group Mediclaim
Insurance for ourAccount Holders
IB Yatra Suraksha by UIIC extending Group Travel
Insurance for domestic travels other than byAir
IB Griha Jeevan by LIC of India covering our Home
Loan borrowers
IB Home Suraksha by Kotak Life covering our Home
Loan borrowers
IB Jeevan Vidya by LIC of India covering our
Educational Loan student borrowers
IB Vidyarthi Suraksha by PNB Met Life covering our
Educational Loan student borrowers
Bank's risk management framework is based on a clear
understanding of various risks, disciplined risk assessment
and measurement procedures and continuous monitoring.
An independent Risk Management Department is
functioning for effective Enterprise-Wide Risk
Management and responsible for assessment, monitoring
and reporting of risk exposures across the bank. All the
risks the Bank is exposed to, are managed through
following three committees viz,
Credit Risk Management Committee (CRMC)
Asset and Liabilities Management Committee (ALCO)
Operational Risk Management Committee (ORMC).
These committees work within the overall guidelines and
policies approved by the Board and Risk Management
Committee of the Board.
Bank has put in place various policies to manage the risks.
To analyze the enterprise-wide risk and with the objective of
integrating all the risks of the Bank, an Integrated Risk
Management policy has also been put in place. The important
risk policies comprise of Credit Risk Management Policy,
Liquidity Management Policy, Market risk management policy,
Operational Risk Management Policy, Internal Capital
Adequacy Assessment Process (ICAAP) Policy, Stress
Testing Policy, Collateral Management Policy and Disclosure
Policy, Reputational risk management Policy and Strategic
Risk management Policy.
All the policies are reviewed at a minimum on an annual basis
by Risk Management Committee (RMC)/Board. In order to
disseminate the risk management concepts and also to
sensitize the field level functionaries, the relevant policies
were circulated to the branches, in addition to imparting
training at the Bank's training colleges.
Risk Management Systems are in place to identify and
analyze the risks at the early stage and manage them by
setting and monitoring prudential limits besides taking other
corrective measures to face the changing risk environment.
RISK MANAGEMENT:
Credit Risk:
Limit Framework:
Rating Model:
Scoring model:
In order to limit the magnitude of credit risk and
concentration risk, a limit framework has been laid down
for following type of exposures: Single and group borrower
exposure, sensitive sector exposure, unsecured
exposure, interbank exposure, country-wise exposure,
internal rating wise exposure, geographical exposure and
term loan exposure.
These exposure limits are monitored on regular basis and
placed to various apex level committees of the Board.
All credit proposals are subject to a rigorous credit risk
rating/scoring process to support credit approvals and
decision making as well as to enhance risk management
capabilities for portfolio management, pricing and risk
based capital measurement.
Software driven rating mechanism is in place to assign the
rating to ensure credit quality besides an entry level
scoring system. The output of the rating model is used in
decision making i.e. sanction, pricing and monitoring of
credit portfolio. In order to test the robustness of the rating
model, the rating model has been validated by an external
agency. Bank would undertake periodic validation
exercise for the model.
As part of Risk management activities, vetting of credit
proposals (except schematic loans) coming under
corporate office level are undertaken by Risk
management Department.
Bank has developed entry level scoring model. All the
fresh sanctions coming under personal loan products are
subjected to entry level scoring.
Loan review mechanism and Credit audit system are in
place for the periodical review/audit of large value
accounts and to bring about qualitative improvements in
credit administration of the Bank. In addition, Standard
Assets Monitoring Committee reviews the Special
Mention Accounts periodically to initiate timely action to
prevent slippage of standard assets to non performing
assets. As a part of monitoring mechanism, accounts
which are downgraded from investment category are
identified and monitored closely on quarterly basis.
Migration of rating of accounts is done on annual basis.
Also weighted average rating of industry based on Bank's
portfolio is done on quarterly basis. Analysis of rating wise
distribution of advances is done on quarterly basis.
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tksf[ke çcaèku xfrfofèk;ksa ds ,d vax ds :i esa dkikZsjsV dk;kZy; Lrj ds
varxZr vkus okys ØsfMV çLrkoksa ¼;kstukc) _.kksa ds vfrfjä½ dk
iqujh{k.k tksf[ke çcaèku foHkkx }kjk fd;k tkrk gSA
cSad us fuEukafdr lwphc) nks çkFkfed mís';ksa dks è;ku j[krs gq, ,,e,y
i‚fylh fuèkkZfjr fd;k
cSad dh 'kq) C;kt ekftZu ¼,uvkbZ,e½ esa lqèkkj gsrq
i;kZIr pyfufèk çnku djus gsrq
iqueZwY;kadu tksf[ke çcaèku gsrq
'ks;jèkkjdksa ds èku dh o`f) gsrq
:
:
vYikofèk mís';
nh?kkZofèk mís';
vkfLr ns;rk çca/ku
vkfLr ns;rk çcaèku cSad dks tksf[ke ,Dlikstj] tksfd pyfuf/k tksf[ke vkSj
C;kt nj tksf[ke ls cSad ds rqyu i= ij mHkj ldrs gSa] dks ekius o tk¡pus gsrq
lgk;rk djrk gSA ;g cSad dks vkfLr ns;rk çcaèku gsrq mi;qDÙk j.kuhfr;ka
miyC/k djus esa enn djrk gSA
vkfLr ns;rk çcaèku lajpuk esa fuEufyf[kr eq[; ?kVd gSa %
pyfuf/k tksf[ke çcaèku
C;kt nj tksf[ke çcaèku
rqyu i= ,oa csly 3 pyfuf/k vuqikr
ncko ijh{k.k o ifj–'; fo'ys"k.k
vkdfLedrk fuf/k ;kstuk
vkfLr ns;rk dk çcaèku djuk vkfLr ns;rk çcaèku lfefr ¼,,ylhvks½ dk dk;Z
gSA ;g ,,y,e o tksf[ke çcaèku ij cksMZ vkSj cksMZ dh mi&lfefr ds ekxZn'kZu
o i;Zos{k.k esa dk;Z djrh gSA C;kt nj ifj–';] tekvksa o vfxzeksa nksuksa ds fy,
mRikn ewY; fu/kkZj.k] o`f)'khy vkfLr;ksa o ns;rkvksa dh ifjiDork çksQkby]
cSad QaM dh ekax] cSad ds udnh çokgksa] ykHk ;kstuk o lexz rqyu i= çca/ku
gsrq ;g fu;fer varjkyksa ij cSBd djrh gSaA
pyfuf/k tksf[ke dks ekius o tk¡pus dh nks i)fr;k¡ gSa & çokg i)fr o LV‚d
i)frA çokg i)fr esa udnh çokg dh csesy fLFkfr;ksa dh O;kid [kkst dh
tkrh gS ,oa bls nSfud vk/kkj ij lajpukRed pyfuf/k fooj.k dks rS;kj dj
iwjk fd;k tkrk gSA fofHkUu Vkbe cdsV esa csesy fLFkfr;ksa dh tkap gsrq mfpr
lgu Lrj foosdiw.kZ lhek,a fuèkkZfjr dh tkrh gSaA LV‚d i)fr ds varxZr fofo/k
rqyu i= vuqikrksa dk mfpr lhekvksa ds lkFk fu/kkZfjr fd;k tkrk gSA fu/kkZfjr
lhekvksa esa vuqikrksa dk vuqikyu ;g lqfuf'pr djrk gS fd cSad us viuh
pyfuf/k dk çca/ku mfpr fofo/khdj.k ds }kjk fd;k gS ,oa bls /kkj.kh; lhekvksa
ds varxZr j[kk gSA cSad viuh vYidkfyd pyfuf/k dh csesy fLFkfr;ksa dks Hkh
vkadrk gS ,oa mls gh vYidkfyd xfr'khy pyfuf/k dh fjiksVZ esa crk;k tkrk
gS tksfd fofHkUu vkfLr o ns;rkvksa dk mRiknu djus okyh bdkb;ksa ds udnh
çokg ;kstukvksa ,oa 1&90 fnuksa dh vof/k esa cSad ds vkfLr o ns;rkvksa ds udnh
çokg Lo:i esa ekSleh fofo/krkvksa dks n'kkZrh gSaA
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C;kt nj tksf[ke ds eqæk okj eki o tkap gsrq ikjaifjd varjky i)fr ,oa
dkfyd varjky i)fr nksuksa dk vuqlj.k fd;k tkrk gSA C;kt nj esa
mrkj&p<+ko ds ifj.kkeLo:i ,uvkbZ,e ij iM+us okys vYidkfyd çHkko dks
vk; oØ tksf[ke] vk/kkj tksf[ke o lfUufgr fodYi tksf[ke dks /;ku esa j[krs
gq, tksf[ke ij miktZu i)fr ds }kjk gy fd;k tkrk gSA C;kt nj
mrkj&p<+ko ds ifj.kkeLo:i bZfDoVh ds cktkj ewY; ij iM+us okys
nh?kZdkfyd çHkko dks Hkh dkfyd varjky i)fr ds }kjk gy fd;k tkrk gSA
ekfld C;kt nj dh laosnu'khyrk fooj.k dh leh{kk vkYdks@ cksMZ }kjk dh
tkrh gSA
cSad us ,,e,y ,Q+Vhih l‚¶Vos;j fy;k gS ,oa bls dk;kZfUor djus dh çfØ;k
py jgh gSA
pyfuf/k tksf[ke o C;kt nj tksf[ke ds ncko fujh{k.k dk lapkyu fu;fer
varjkyksa ij Hkkjrh; fjtoZ cSad ,oa vkarfjd ruko ifj–';ksa ds ifjHkk"kkuq:i
fd;k tkrk gS] blds ifj.kke dk ç;ksx pyfufèk ruko ijh{k.k }kjk fofHkUu
pyfuf/k o C;kt nj ifj–';ksa ds varxZr vkdfLedrk fuf/k ;kstukvksa dks rS;kj
djus ds fy, fd;k tkrk gSA
mi;Zqä ds vfrfjä] Hkkjrh; fjtoZ cSad }kjk tkjh fd, x, uohure fn'kk
funZs'kksa ds vuqlkj cSad pyfufèk dojst vuqikr dh lax.kuk dj jgk gS ,oa
vYikofèk pyfufèk ds çcaèku gsrq bldk bLrseky ,d tksf[ke ekid midj.k ds
:i esa dj jgk gSA vYdks }kjk ekfld vkèkkj ij pyfufèk dojst vuqikr
¼,ylhvkj½ ds fooj.k dh leh{kk dh tkrh gSA
cktkj ifjorhZ esa gksus okys ifjorZuksa ds ifj.kkeLo:i laHkkfor uqdlku] cktkj
tksf[ke gSA varjkZ"Vªh; fuiVku cSad ¼chvkbZ,l½ gsrq cSad us ckt+kj tksf[ke dh
ifjHkk"kk bl :i esa nh gS fd cktkj tksf[ke ^v‚u* vFkok ^v‚Q* rqyu i= ds
fLFkfr dk ewY; bfDoVh ,oa cktkj ds C;kt nj] eqæk fofue; nj rFkk deksfMVh
dh dherksa esa mrkj&p<+ko ls çfrdwy :i esa çHkkfor gksxhA bl çdkj] cktkj
tksf[ke C;kt njksa ;k çfrHkwfr;ksa] fons'kh eqæk vkSj 'ks;j dh dherksa ds cktkj ds
Lrj esa ifjorZu] lkFk gh mu ifjorZuksa dh vfLFkjrk ds dkj.k cSad dh vk; vkSj
iwath ds fy, [krjk gSA cktkj tksf[ke çca/ku dk y{; gS] cktkj tksf[ke
,Dlikstj ls lacfU/kr oS'ysf"kdh lapkfyr vknkuksa] iksVZQksfy;ks fu"iknu dh
rqyuk esa tksf[ke ,Dlikstj vkSj rqyukRed ekin.Mksa dks miyC/k djkdj
tksf[ke lek;ksftr çfrykHk nj dks vfèkdre c<+kus esa O;kikj bdkb;ksa dhs
lgk;rk djukA fuEufyf[kr tksf[keksa dk çca/ku cktkj tksf[ke ds varxZr
fd;k tkrk gS %
C;kt nj tksf[ke
fofue; nj tksf[ke
bZfDoVh dher tksf[ke
i.; dher esa ifjorZu o vfLFkjrk ds dkj.k Hkh cktkj tksf[ke mHkj ldrs gSaA
;|fi] i.; laca/kh cktkj esa cSad dks dksbZ ,Dlikstj ugha gSA
cktkj tksf[ke çcaèku ¼,evkj,e½ ds varxZr cSad dh :ijs[kk fuEukuqlkj gS %
% bl i‚fylh us tksf[ke dh igpku vkSj çR;sd
O;kolkf;d dk;ksZa dh igpku djds cktkj esa tksf[ke ds fofHkUu vk;keksa
cktkj tksf[ke çca/ku
d½ tksf[ke dh igpku
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50
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As part of Risk Management activities, vetting of credit
proposals (except schematic loans) coming under
Corporate Office level are undertaken by Risk
Management Department.
Asset liability Management allows the Bank to measure and
monitor risk exposures which may arise from both liquidity risk
and interest rate risk on its balance sheet. This allows the Bank
to provide suitable strategies for asset liability management.
The asset liability management framework consists of the
following key components:
Liquidity risk management
Interest rate risk management
Balance sheet and Basel III liquidity ratios
Stress Testing and scenario analysis
Contingency funding plan
Bank has set in place ALM policy in view of two primary
objectives as listed below:
To optimize the Net Interest Margin (NIM) of the Bank
To provide adequate liquidity
To manage re-pricing risk
To maximize the shareholders' wealth
Asset Liability Management is the function of Asset Liability
Management Committee (ALCO). It operates under the
guidance and supervision of the Board and/or Sub-Committee
of Board on ALM and Risk Management. It meets at regular
intervals to review the interest rate scenario, product pricing
for both deposits and advances, maturity profile of the
incremental assets and liabilities, demand for Bank funds,
cash flows of the Bank, profit planning and overall Balance
Sheet Management.
Liquidity risk is measured and monitored through two
approaches - Flow approach and Stock approach. Flow
approach involves comprehensive tracking of cash flow
mismatches and is done through preparation of Structural
liquidity statement on a daily basis. Appropriate tolerance
levels/prudential limits have been stipulated for mismatches in
different time buckets. Under Stock Approach various balance
sheet ratios are prescribed with appropriate limits. The
compliance of ratios to the prescribed limits ensures that the
Bank has managed its liquidity through appropriate
diversification and kept it within the sustainable limit.
Bank also assesses its short-term liquidity mismatches and
reports the same in the short term dynamic liquidity report
which represents the cash flow plans of various asset and
liability generating units and seasonal variation of cash flow
patterns of assets and liabilities of the Bank over a period of
1-90 days.
Asset Liability Management:
Short Term Objective:
Long Term Objective:
For measurement and monitoring of Interest rate risk,
currency wise, both traditional gap approach and duration gap
approaches are followed. The short-term impact of interest
rate movements on Net Interest Margin (NIM) is worked out
through “Earnings at Risk” approach taking into consideration
Yield curve risk, Basis risk and Embedded Options Risk.
The long-term impact of interest rate movements on Market
Value of Equity is also worked out through Duration Gap
approach. The monthly interest rate sensitivity statement is
reviewed byALCO / Board.
Bank has procured ALM FTP software and is in the process of
implementing the same.
Stress testing of liquidity risk and interest rate risk is conducted
on regular intervals as per RBI defined and internally defined
stress scenarios. The results of the same from internal
Liquidity stress testing are used to draw contingency funding
plan under different liquidity stress scenarios.
In addition to the above, Bank is computing Liquidity coverage
ratio as per latest guidelines issued by RBI and is using it as a
risk measurement tool to manage short term liquidity. On a
monthly basis Liquidity Coverage Ratio (LCR) statement is
reviewed byALCO.
Market risk is the possibility of loss caused by changes in the
market variables. The Bank for International Settlements (BIS)
defines market risk as “the risk due to which the value of 'on' or
'off' balance sheet positions will be adversely affected by
movements in equity and interest rate markets, currency
exchange rates and commodity prices”. Thus, Market Risk is
the risk to the Bank's earnings and capital due to changes in
the market level of interest rates or prices of securities, foreign
exchange and equities, as well as the volatilities of those
changes. The objective of market risk management is to assist
the business units in maximizing the risk adjusted rate of
return by providing analytics driven inputs regarding market
risk exposures, portfolio performance vis-à-vis risk exposures
and comparable benchmarks. Following risks are managed
under Market Risk.
Interest Rate Risk
Exchange Rate Risk
Equity Price Risk
The market risk may also arise from changes in commodity
prices and volatility. However, Bank does not have any
exposure to commodity related markets.
Market Risk Management (MRM) Framework of the Bank is as
follows:
a) The Policy is focused on setting a
framework for identifying, assessing and managing
Market Risk Management:
Risk Identification:
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51
ij Li"Vrk çnku djus ds Øe esa tksf[ke ds vkdyu] LFkkiu ,oa çcaèku
dh :ijs[kk rS;kj djus ij è;ku dsafær fd;k gSA
% cSad dh ekU;rk gS fd ckt+kj tksf[ke ds
leLr i{kksa dks dsoy ,d tksf[ke lkaf[;dh; }kjk n'kkZ;k ugha tk ldrk
gSA vr% fofHkUu lkaf[;dh; vkSj xSj lkaf[;dh; tksf[ke mik;ksa dk ç;ksx
cktkj tksf[ke ds tksf[ke eki dh fLFkjrk dks c<+kus ds fy, fd;k tkrk gS
D;ksafd bu tksf[ke mik;ksa dks ,d lkFk ysus ls fdlh ,d mik; dh rqyuk
esa ;g cktkj tksf[ke dh ,d vfèkd O;kid –f"Vdks.k çnku djrk gSA
cktkj tksf[ke dk çcaèku fofHkUu esfVªDl ;Fkk ewY; esa tksf[ke
¼oh,vkj½] vk; esa tksf[ke] ihoh01 lhek,¡] usV vksojukbV vksiu iksftlu
fyfeV ¼,uvksvksih½] bafMfotqoy xSi fyfeV ¼vkbZth,y½ ,oa ,fxzxsV xSi
fyfeV ¼,th,y½] eqækokj rFkk lw{e fo'ys"k.k }kjk Hkh fd;k tkrk gSA
cSad }kjk tksf[ke ds vfèkdre fdUrq laHkkO; çfrdwy vk?kkrksa dks e‚fuVj
djus gsrq fu;fer vkèkkj ij ruko ijh{k.k dk Hkh vk;kstu fd;k
tkrk gSA
% cSad vius tksf[ke dks fofHkUu O;kikj [kkrksa ds fy,
vkarfjd vkSj fu;ked tksf[ke lhek] tks vkfFkZd ifj–';] O;kikj j.kuhfr]
çcaèku dk vuqHko ,oa cSad dh tksf[ke ysus dh {kerk ds vkèkkj ij LFkkfir
gS] dk mi;ksx dj e‚fuVj ,oa fu;af=r djrk gSA nj LdSu }kjk ysu&nsu
dk fu"iknu ,oa ekStwnk cktkj njksa dk iqueZwY;kadu lqfuf'pr fd;k tkrk
gSA
% Vªstjh ifjpkyu dh fuxjkuh feM dk;kZy; }kjk fd;k
tkrk gS ,oa ,d nSfud fjiksVZ tksf[ke çcaèku foHkkx ds çeq[k dks] ekfld
¼çFke i[kokM+k½ vkèkkj ij dk;Zikyd funs'kdksa@çcaèk funs'kd ,oa eq[;
dk;Zikyd vfèkdkjh dks rFkk ekfld ¼vafre i[kokM+k½ vkèkkj ij vYdks
dks çLrqr fd;k tkrk gSA ckt+kj tksf[ke ds dkj.k iwathxr çHkkj dk
ifjdyu dj mldh fjiksVZ frekghokj :i ls vYdks ,oa cksMZ dks nh tkrh
gSA ruko ijh{k.k uhfr ds varxZr fuèkkZfjr fuEufyf[kr ekU;rkvksa ds
vuq:i cktkj tksf[ke ds vkdyu ds fy, ruko ijh{k.k fd;k tkrk gS ,oa
frekgh vkèkkj ij vYdks dks fjiksVZ fd;k tkrk gSA
cktkj tksf[ke çcaèku dks cktkj tksf[ke çcaèku uhfr] fuos'k uhfr] ruko
ijh{k.k ,oa O;qRiUu uhfr }kjk vuqeksfnr ,d fo'kn cksMZ }kjk fu;af=r
fd;k tkrk gS tks fofHkUu xfrfofèk;ksa esa QSys ,sls tksf[ke dks tks ,d
varfuZfgr cktkj tksf[ke dks ysdj vkxs c<+rs gSa] mls cSad dh fuèkkZfjr
tksf[ke {kerk ds Hkhrj uh;r djuk lqfuf'pr djrs gSaA
orZeku esa ifjpkyu tksf[ke m|ksx çfrHkkfx;ksa] fofu;kedksa ,oa vU;
LVsd/kkjdksa ds chp xgu #fp dk fo"k; cu x;k gSA çHkkoh lapkyu] tksf[ke ij
idM+ vkSj ifjpkyu tksf[ke ds ,Dlikstj ds ewY;kadu o ek=k fu/kkZj.k dks
lqfuf'pr djus gsrq cSad esa ifjpkyu tksf[ke çca/ku Ýse odZ ¼vksvkj,e,Q½ o
[k½ tksf[ke eki ,oa lhek,¡
x½ tksf[ke e‚fuVfjax
?k½ tksf[ke fjiksfVZax
ifjpkyu tksf[ke
ifjpkyu tksf[ke çca/ku ç.kkyh ¼vksvkj,e,l½ fo|eku gSA nSfud çca/ku
çfØ;kvksa esa xq.kkRed o ek=kRed mik;ksa ds ç;ksx o vkarfjd fu;a=.k ç.kkyh
LFkkiu ds }kjk rFkk fofo/k tksf[ke U;wuhdj.k j.kuhfr dks vaxhdkj dj
ifjpkyu tksf[ke dk lqçca/ku fd;k tkrk gSA fofo/k mRiknksa@çfØ;kvksa esa
tksf[ke cks/k dk vkykspukRed fo'ys"k.k ,oa lq/kkjkRed dne] ;fn vko';d gksa
rks] mBk, tkrs gSaA
cSad us ,d ifj"—r osc vkèkkfjr ifjpkyukRed tksf[ke çcaèku ç.kkyh vius
ifjpkyu tksf[ke dks jksdus] ukius] e‚fuVj djus ,oa çcaèk djus gsrq dk;kZfUor
fd;k gSA fiNys 5 o"kksZa ds fy, cSad }kjk vkarfjd uqdlku MsVkcsl cuk;k x;k
gSA
o"kZ ds nkSjku _.k esa mNky }kjk ifjpkyu tksf[ke dh tkap vkSj lkaf[;dh;
rduhd }kjk ifjpkyu gkfu dh vko`fÙk o rhozrk dk fo'ys"k.k fd;k x;kA
O;kid ncko fujh{k.k ÝseodZ dks 'kq: fd;k x;k gSA cSad =Sekfld vk/kkj ij
ncko fujh{k.k dk lapkyu djrk gS tksfd Hkk-fj-cS- }kjk fu/kkZfjr ifj–';ksa vkSj
lkFk gh cSad ds fo'ks"k ifj–';ksa ij vk/kkfjr gksrk gSA ncko fujh{k.k ifj.kke
fofo/k 'kh"kZ Lrjh; lfefr;ksa ds le{k çLrqr fd;k x;k FkkA
cslsy ÝseodZ ds LrEHk ;kfu vkbZlh,,ih] ds rgr cSad ,sls tksf[keksa dh
igpku] eki o çca/k djrk gS tksfd LrEHk ds vf/kdkj {ks= esa u rks iwjh rjg ls
vkrs gSa vkSj u gh vk/ks ,oa ;fn vko';d gks rks] ,sls tksf[keksa gsrq iwath ds
vfrfjä çkok/kku rS;kj djrk gSA ;kstukc) O;kikj iwokZuqekuksa ds vk/kkj ij
vkxkeh 3 o"kksaZ gsrq iwath ewY;kadu fd;k tkrk gSA
cSad dh vkarfjd iwath i;kZIrrk dk ewY;kadu =Sekfld vk/kkj ij fd;k tkrk Fkk
vkSj bls fofo/k 'kh"kZ Lrjh; lfefr;ksa ds le{k çLrqr fd;k x;k FkkA
orZeku esa cSad us _.k tksf[ke gsrq ekud i)fr] cktkj tksf[ke gsrq ekud
vkof/kd i)fr ,oa ifjpkyu tksf[ke gsrq ewy lkadsfrd i)fr viukbZ gSA _.k
tksf[ke iwathxr çHkkj dh lVhd x.kuk gsrq ,d l‚¶Vos;j j[kk x;k gSA
csly ÝseodZ ds varxZr mUur i)fr dh vksj tkus gsrq fu/kkZfjr dh xbZ :ijs[kk
ds vuqlkj cSad vkxs c<+ jgk gSA
cSad dk lkekU; bZfDoVh fV;j 1 iw¡th Lrj dkQh vPNk gS vkSj cSad
vko';drkuqlkj lHkh izdkj dh iw¡th c<kus dh i;kZIr {kerk Hkh j[krk gSA cSad
us 01 vizSy] 2013 ls izLrfor csly iw¡th fofu;eu dks Hkkjrh; fjt+oZ cSad
ds fn'kkfunsZ'kksa dks viuk;k gSA lEiw.kZ csly dh vksj fuckZ/k ikjxeu
lqfuf'pr djus gsrq ekpZ 31] 2019 rd iw.kZ dk;kZUo;u ds fy, mfpr ikjxeu
çca/k dh rS;kjh dj yh xbZ gSA
csly iwath fu;eksa dks iwath i;kZIrrk vuqikr ¼lh,vkj½ ds ?kVdksa ij
izdVhdj.kksa ds ofèkZr lsV dh vko';drk Hkh gS ftUgsa =Sekfld vk/kkj ij cSad ds
ncko fujh{k.k ÝseodZ
vkarfjd iwath i;kZIrrk fu/kkZj.k ¼vkbZlh,,ih½ ÝseodZ
cSad }kjk viuk;h xbZ tksf[ke çca/ku i)fr
csly iwath fofu;eu
II
I
III
III
III
III
52
market risk in order to provide clarity on various
dimensions of risk identification and recognition to each of
the business functions.
b) Bank recognizes that no
single risk statistics can reflect all aspects of market risk.
Therefore various statistical and non-statistical risk
measures are used to enhance the stability of risk
measurement of market risk because, taken together,
these risk measures provide a more comprehensive view
of market risk exposure than any single measure. Market
risk is managed with various metrics viz. Value at Risk
(VaR), Earnings at Risk, Modified duration, PV01 Limits,
Net Overnight Open Position Limits (NOOPL), Individual
Gap Limit (IGL) and Aggregate Gap Limit (AGL) currency
wise and also through sensitivity analysis. Stress testing
is also conducted on a regular basis to monitor the
vulnerability of the Bank to extreme but plausible
unfavorable shocks.
c) Bank monitors and controls its risk,
using various internal and regulatory risk limits for trading
book which are set based on economic scenario,
business strategy, management experience and Bank's
risk appetite. Rate scan is carried out to ensure that
transactions are executed and revalued at prevailing
market rates.
d) Monitoring of Treasury operations is
done by Mid Office and a daily report is put up to Head of
the Risk Management Department, Monthly basis (First
fortnight) to EDs/MD & CEO and on monthly basis (Last
Fortnight) to ALCO. Capital charge on account of Market
Risk is computed and reported to ALCO and Board on
quarterly basis. Stress testing is done for assessing
market risk by following assumptions prescribed in Stress
Test Policy and reported toALCO on Quarterly basis.
Market risk management is governed by comprehensive
Board approved Market Risk Management Policy,
Investment Policy, Stress testing and Derivative Policy to
ensure that the risks spread across different activities and
carrying an underlying market risk are within the
stipulated risk appetite of the bank. All the policies are
benchmarked with industry-best practices and RBI
regulations. The risk reporting mechanism in the Bank
comprises disclosures and reporting to the various
management committees.
Operational risk is now the focus of intense interest among
industry participants, regulators and other stake holders. The
Bank has put in place Operational Risk Management Frame
work (ORMF) and Operational Risk Management Systems
(ORMS) to ensure effective governance, risk capture and
Risk Measurement and Limits:
Risk Monitoring:
Risk Reporting:
Operational Risk:
assessment and quantification of operational risk exposure.
Operational risk is well managed by using appropriate
qualitative and quantitative methods and established internal
control systems in day to day management processes and
adopting various risk mitigating strategies. The risk
perceptions in various products / processes are critically
analysed and corrective actions if required, are initiated.
Bank has implemented a sophisticated web-based
Operational Risk Management System to capture, measure,
monitor and manage its operational risk exposure. Bank has
built up internal loss data base for the last 5 years.
During the year, monitoring of operational risk through credit
spurt and analysis of frequency and severity of operational
loss through statistical technique have been done.
A comprehensive stress testing framework is put in place.
Bank conducts stress test on quarterly basis based on
scenarios prescribed by RBI as well as bank specific
scenarios. The Stress test results are placed to various apex
level committees.
Under Pillar II of Basel framework, i.e., ICAAP, the Bank
identifies measures and manages the risks that are either not
fully captured or not at all captured under Pillar I and if
necessary, makes an additional provision of capital for such
risks.
Internal Capital adequacy of the Bank was assessed on
quarterly basis and placed to the various apex level
committees.
The Bank has presently adopted Standardised Approach for
Credit Risk, Standardised Duration Approach for Market Risk
and Basic IndicatorApproach for Operational Risk. Software is
in place for accurate computation of credit risk capital charge.
The Bank has been progressing as per the roadmap laid down
for moving over to the advanced approaches under BASEL
framework.
The Bank has fairly high level of Common Equity Tier 1 Capital
and also has headroom available for raising all forms of capital
in case of need. The Bank has adopted RBI guidelines on the
Basel III capital regulations with effect from April 1, 2013. To
ensure smooth transition to full Basel III, appropriate
transitional arrangements have been made for full
implementation as on March 31, 2019.
The Basel III capital rules also require an enhanced set of
disclosures on the components of Capital Adequacy Ratio
Stress Testing framework:
Inter CapitalAdequacyAssessment (ICAAP) framework:
Risk ManagementApproaches adopted by the Bank :
Basel III Capital Regulations:
53
osclkbV ij izdkf'kr fd;k tkrk gSA cSad yhojst vuqikr ,oa pyfufèk dojst
vuqikr ¼,ylhvkj½ ÝseodZ Hkh fn[kk jgk gSA
cSad us iwath vko';drkvksa dk gy fudkyus ds fy, csly ds
fn'kk&funZs'kksa dk iw.kZ dk;kZUo;u fd;kA
cSad }kjk iwath vuqdwyu ds fofHkUu {ks=ksa dh igpku dh xbZ ,oa iwath
vuqdwyu gsrq vko';d dne mBk,A
ifjpkyu tksf[ke çcaèku ifj;kstuk {kfrxzLr MkVk ds laxzg.k esa vius
mUur pj.k esa gSA oká {kfrxzLr MkVk ds fy, cSad us dksMZsDl ds lkFk ,d
le>kSrk fd;k gSA cSad us çFke pj.k ds va'k Lo:i vkj,llh, dks
viuk;k gSA
mUur –f"Vdks.k dh vksj vxzlj gksus ds Øe esa ØsfMV tksf[ke e‚My
fodflr fd;k tk jgk gSA ihMh e‚Mfyax ÝseodZ ¼pwd dh laHkkouk½ dk
fodkl ftl vkèkkj ij fd;k x;k gS] mlh vkèkkj ij vkbZvkjch }kjk
ifjHkkf"kr fn'kkfunZs'kksa ds vuqlkj ihMh dk ewY;kadu ifjlaifÙk oxZ ds fy,
fd;k x;kA [kqnjk iwfyax ÝseodZ rFkk ,ythMh ¼pwd ls gqbZ gkfu½ ,oa
bZ,Mh ¼tksf[ke esa pwd½ ÝseodZ dk fodkl jhVsy iwy cukus ,oa ,ythMh
rFkk bZ,Mh dk ewY;kadu djus ds fy, fodflr fd;k tk jgk gSA
cSad }kjk _.k tksf[ke e‚My ds fofèkekU;dj.k dk ÝseodZ çLrqr dj
fn;k x;k gS ftlesa fofHkUu xq.kkRed vkSj ek=kRed ijh{k.k 'kkfey gS]
ftldk ç;ksx blds fu;ked vuqikyu ds lkFk&lkFk leFkZ ,oa çHkkoh
tksf[ke e‚My çcaèku dks ifjHkkf"kr djus ds fy, fd;k tkrk gSA bl
ÝesodZ dk mi;ksx vkarfjd jsfVax e‚Myksa ds ek=kRed ,oa xq.kkRed
lR;kiu dk lapkyu djus gsrq fd;k x;k ,oa jsfVax e‚Myksa ds foHksndkjh
'kfä esa lqèkkj gsrq e‚My esa mlds vuqlkj ifjorZu fd;k x;kA
cSad }kjk çfr"Bk lacaèkh tksf[ke ,oa j.kuhfrd tksf[ke çcaèku uhfr;k¡ rS;kj
dh xbZ rFkk çfr"Bk lacaèkh tksf[ke ,oa j.kuhfrd tksf[ke dh eki ds fy,
Ldksj dkMZ fodflr fd;k x;kA
çf'k{k.k çfØ;k ds ekè;e ls LVkQ dks gj Lrj dk çf'k{k.k nsdj tksf[ke
lqèkkj dks lfUufgr fd;k tk jgk gSA
dks cSad dh Je'kfDr fLFkfr fuEukuqlkj Fkh %
'kq: dh xbZ çeq[k igysa
ekuo lalk/ku izca/ku ¼ek-la-Á-½
Je'kfDr fLFkfr
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III
9436 1617 2004 757 7190 2246
9404 2115 2040 396 5604 3800
1234 141 412 59 1160 74
20074 1291 4456 1212 13954 6120
(* - )
*
31-03-2016
laoxZ dqy vkschlh vtk vttk iq#"k efgyk
dqy
?kjsyw ds vfrfjä ihVh,l
vf/kdkjh
fyfid
lc LVkQ
HkrÊ vfHk;ku
vtk@vttk@vkschlh@ihMCY;wMh deZpkfj;ksa ds fy, dY;k.k mik;%
{kerk o/kZd igysa
bZ&igysa
bZ&tuZy ^u‚yst
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mÙkjkfèkdkj ;kstuk ds vax ds :i esa lsokfuo`Ùk] 'kk[kk foLrkj ,oa O;kikj
esa foLrkj dh otg ls fjä inksa dks Hkjus ds fy, cSad }kjk mHkjrs O;kikj
dh t:jrksa ds vuq:i fofHkUu Jsf.k;ksa ls yksxksa dh fu;qfä dh xbZ gSA
o"kZ ds nkSjku cSad us 317 ifjoh{kkèkhu vfèkdkfj;ksa dh fu;qfä dhA cSad }kjk
fofHkUu dk;Z {ks=ksa esa 116 fo'ks"kK vfèkdkfj;ksa dh Hkh HkrÊ dh xbZA
o"kZ ds nkSjku 928 fyfidksa dh fu;qfä dh xbZA
o"kZ ds nkSjku cSafdax lsok esa ,d l'kL= xkMZ dh fu;qfä dh xbZA
Hkkjr ljdkj ds fn'kkfunsZ'kksa ds vuqlkj lh/kh HkrhZ esa vuqlwfpr tkfr
¼vtk½] vuqlwfpr tutkfr ¼vttk½] vU; fiNMs oxksZa ¼vkschlh½ vkSj
'kkjhfjd :i ls fodykax ¼ihMCY;wMh½ mEehnokjksa dks vkj{k.k iznku fd,
tkrs gSaA ljdkj ds fn'kkfunsZ'kksa ds vuqlkj vuqlwfpr tkfr
¼vtk½@vuqlwfpr tutkfr ¼vttk½@'kkjhfjd :i ls fodykax
¼ihMCY;wMh½ dks inksUufr;ksa esa vkj{k.k fn, tkrs gSaA vf[ky Hkkjrh;
bafM;u cSad vtk@vttk deZpkjh dY;k.k la?k ds lkFk vkof/kd cSBdsa
dh tkrh gSa vkSj f'kdk;rksa dk] ;fn gks] fuokj.k rRdky fd;k tkrk gSA
dkiksZjsV dk;kZy;@eklaiz foHkkx esa vtk@vttk dY;k.k d{k@vkj{k.k
d{k Hkh vtk@vttk deZpkfj;ksa dh f'kdk;rksa@vH;kosnuksa dk rRdky
fuiVku lqfuf'pr djrk gSA vtk@vttk laoxZ ds deZpkfj;ksa ds fgrksa
dh ns[kjs[k ds lkFk gh ihMCY;wMh@HkwriwoZ deZpkjh ds dY;k.k gsrq eq[;
laidZ vf/kdkjh ds :i esa ,d egkizca/kd dks ukfer fd;k x;k gSA vkschlh
laoxZ ds deZpkfj;ksa ds fgrksa dh ns[kjs[k gsrq eq[; laidZ vf/kdkjh ds :i esa
,d vU; egkizca/kd dks ukfer fd;k x;k gSA
{kerk oèkZu ,d ,slh lrr ,oa vuks[kh çfØ;k gS] tks deZpkfj;ksa dks Kku çnku
dj ,oa mUgsa is'ksoj dkS'ky esa ç[kj cukdj muds laHkkO; çfrHkk dks fu[kkjrh
gSA cSad esa {kerk oèkZu dh 'kq#vkr psUuS esa fLFkr ^mRd"kZ ,oa fodkl gsrq bafM;u
cSad çcaèk vdkneh ¼best½^ uked lokZsPp çf'k{k.k d‚yst ds usr`Ro fd;k x;k
tks vR;kèkqfud çf'k{k.k lqfoèkkvksa ds lkFk ,d vkbZ,lvks çkekf.kd 9001&2008
laLFkk g]S bldss cSaxyq#] paMhx<+] psUuS] fnYyh] dksydkrk] eqacbZ] ratkoqj]
fr#ouUriqje ,oa fot;okM+k esa ukS lgk;d çf'k{k.k dsaæ gSaA
o"kZ 2015&16 ds nkSjku vkarfjd ,oa cká çf'k{k.k ç.kkyh ds varxZr 10391
çf'k{kkFkÊ;ksa dks çf'kf{kr fd;k x;k ftlesa 6122 vfèkdkjhx.k] 3924 fyfid ,oa
339 vèkhuLFk deZpkjh lfEefyr FksA d‚ikZsjsV ØsfMV] ,e,l,ebZ foÙk ,oa
fons'kh eqæk O;kikj ds {ks= esa çfrHkk lsrq ds fuekZ.k gsrq best }kjk fo'ks"k dk;ZØe
Hkh vk;ksftr fd, x,A
çfrHkk çcaèku çf'k{k.k ds vax Lo:i fofHkUu bZ&igyksa ds ekè;e ls Lo&vfèkxe
ra= çf'k{k.k ç.kkyh fodflr dh xbZ gSA best iksVZy ij
54
(CAR) which are published on quarterly basis on Bank's
website. Bank is also disclosing leverage ratio and Liquidity
Coverage Ratio (LCR) Framework.
Bank has worked out capital requirements till full
implementation of Basel III guidelines.
Bank has identified various areas of capital optimization
and has taken necessary steps to optimize the capital.
Operational Risk Management project is in advanced
stage with collation of internal loss data. For external loss
data, Bank has entered in to an agreement with CORDEX.
Bank has rolled out RCSA as part of phase I
implementation.
In order to migrate to advanced approach, Credit Risk
Models are being developed. PD (Probability of Default)
Modeling framework has been developed on the basis of
which PD has been estimated for Corporate Asset Class
defined as per IRB guidelines. Retail Pooling Framework
and LGD (Loss Given Default) and EAD (Exposure at
Default) framework is being developed to create retail
pools as well estimate LGD and EAD.
Credit risk Model Validation Framework has been
introduced in the bank which covers various qualitative
and quantitative tests that should be undertaken with a
view to regulatory compliance as well as to define sound
and efficient credit risk model management.
This framework has been used to conduct quantitative and
qualitative validation of Internal rating models and
changes done in the models accordingly for improving the
discriminatory power of rating models.
Bank has formulated reputation risk and strategic risk
management policies and developed score card for
measurement of reputation risk and strategic risk.
Risk culture is being embedded through training of staff at
all levels through training process.
The position of manpower in the Bank as on 31.03.2016 is as
follows:
CATEGORY TOTAL OBC SC ST MALE FEMALE
OFFICERS 9436 1617 2004 757 7190 2246
CLERKS 9404 2115 2040 396 5604 3800
SUB STAFF 1234 141 412 59 1160 74
TOTAL 20074 1291 4456 1212 13954 6120
(* - Domestic excluding PTS)
Major initiatives undertaken
HUMAN RESOURCES MANAGEMENT (HRM)
Manpower Position*
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Recruitment Drive
Welfare Measures for SC/ST/OBC/PWD Employees
Capacity Building Initiatives
e-Initiatives
As part of succession planning, to fill up vacancies caused
on account of superannuation, branch expansion and
business growth, the Bank has undertaken recruitment of
manpower in various categories in line with emerging
business needs.
During the year, Bank recruited 317 Probationary Officers.
The Bank also recruited 116 Specialist Officers in different
functional areas.
928 clerks were recruited during the year.
1 Armed Guard was recruited in the services of the Bank
during the year.
As per Government of India's guidelines, reservations are
provided to Scheduled Castes (SCs), Scheduled Tribes
(STs), Other Backward Classes (OBCs) and Persons with
Disability (PWD) candidates in Direct Recruitment.
Reservations for SC/ STs in Promotions are provided as
per Government guidelines.
Periodical Quarterly Meetings with All India Indian Bank
SC/ST Employees' Welfare Association are conducted
and grievances, if any are resolved immediately.
The SC/ST Welfare Cell / Reservation Cell at CO/HRM also
ensures prompt disposal of grievances / representations
(if any) of SC/ST employees. One General Manager has
been nominated as Chief Liaison Officer (CLO) to look
after the interest of employees belonging to SC/ST and
another GM is nominated as CLO for OBC employees.
Capacity building is a continuous and unique process which
unlocks the employees' latent potential by imparting
knowledge and sharpening their professional skills. The
Bank's Capacity building initiatives spearheaded by the apex
Training College viz. Indian Bank Management Academy for
Growth & Excellence (IMAGE), an ISO 9001-2008 certified
Academy with state of the art training facilities, located in
Chennai, supported by 9 Staff Training Centres, Bangalore,
Chandigarh, Chennai, Delhi, Kolkata, Mumbai, Thanjavur,
Thiruvananthapuram and Vijayawada.
During the year 2015-16, 10391 trainees were covered under
in-house and external training comprising of 6122 officers,
3924 clerks and 345 substaff. Specialised programs were
also conducted by IMAGE for creation of Talent Pool in
Corporate Credit, MSME Finance and Forex Business.
As a part of Talent Management Exercise, the Training System
has developed a Self- Learning Mechanism through several
e-initiatives. The e-journals `Knowledge Bank' and `Banking
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cSad^ ^cSafdax viMsV^
dkl
vkS|ksfxd laca/k
lSi ¼,l , ih½
LVkQ dY;k.k mik;
,oa dks iksVZ fd;k tkrk gS ,oa bls baVjusV@baVªkusV ds
best us ,d vyx vuqlaèkku ,oa fodkl foax LFkkfir fd;k x;k ,oa fofHkUu
vè;;u ifj;kstukvksa dk lapkyu fd;k tSls c<+rh C;ktsrj vk; ds fy, mik;]
psUuS nf{k.k vkSj mÙkj dh ?kkVs esa py jgh 'kk[kkvksa esa ifjorZu ds fy, j.kuhfr]
dqy O;; vuqikr esa ifjpkyu [kpZ dks de djus dh j.kuhfr vkfnA best us
lgdeÊ cSadksa ds lkFk mRikn dk rqyukRed vè;;u Hkh fd;k] tSls —f"k]
,e,l,ebZ ,oa [kqnjk mRiknksa ds Hkfo"; esa ewY; laoèkZu dh xqatkb'k dk irk
yxkus rFkk cSad ds mRiknksa ds ;w,lih ¼fof'k"V foØ; xq.k½ ij çdk'k Mkyus ds
fy,A
cSad dk mPp izca/ku] deZpkjh la?kksa vkSj vf/kdkjh la?kksa ds lkFk
le;≤ ij vkilh laokn djrk gS rFkk dkjksckj esa okafNr o`f) ds
ifj.kkeLo:i mudh çfrfØ;k ldkjkRed gS ,oa çcaèku rFkk
;wfu;uksa@la?kksa ds chp lkSgknZiw.kZ lacaèk cuk, j[kk x;k gSA
lSi ,pvkj l‚¶V~os;j dk mi;ksx ,pvkj,e,l ds ,d vax ds :i esa ,pvkj
lacaèkh xfrfofèk;ksa ds fy, dj jgk gSA inksUufr] LFkkukarj.k o IyslesaV tSls {ks=ksa
esa fu.kZ; leFkZu ç.kkyh ds :i esa ,pvkj,e,l dk ç;ksx fd;k tkrk gSA lEiw.kZ
dk;Zcy dks çkS|ksfxd mUufr dk ykHk igq¡pkus ls lacafèkr ewY;kadu djus vkSj
ekuo lalkèku ls lacafèkr ekeyksa esa dkxt jfgr çfØ;k ds y{; dks çkIr djus
gsrq baVªkusV ds ekè;e ls ekuo lalkèku çcaèku dh laykxh osclkbV gksLV dh xbZ
gSA
lSi & dk;kZUo;u Vhe }kjk LVkQ lnL;ksa ds mi;ksx gsrq dbZ v‚uykbu
vkosnuksa dk çkjEHk ,oa çorZu fd;k x;k gSA
cSad dh dsUnzh; dY;k.k lfefr deZpkfj;ksa ds fy, miyC/k dY;k.k
;kstukvksa dh leh{kk fujar
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ekè;e ls 24 7 miyCèk djk;k tkrk gSA tgk¡ esa ladk; lnL;ksa
}kjk cSafdax ,oa vFkZO;oLFkk ds ledkyhu eqíksa ij fy[ks x, ys[k lfEefyr fd,
x, gSa] ogha cSafdax m|ksx ,oa vFkZO;oLFkk ds {ks= esa gks jgs gky
dh ?kVukvksa ls voxr djokrk gSA bl çf'k{k.k ç.kkyh dh
,d vkSj ubZ gSA blesa jkst+ejkZ dh cSafdax ifjpkyu ds igyqvksa ls
lacafèkr leLr egRoiw.kZ fo"k;ksa ij cgqfodYih ç'u lfEefyr fd, x, gSa rFkk
bls fufeZr dj best iksVZy ij viyksM dj fn;k x;k gS] ftls dksbZ Hkh deZpkjh
dHkh Hkh vkSj dgha ls Hkh ,Dlsl dj ldrk gSA ;g bZ&igy leLr deZpkfj;ksa
dks muds Kku dkS'ky dk ijh{k.k vius lgwfy;r ,oa lqfoèkkuqlkj djus esa l{ke
cukrk gSA cSad us o"kZ 2016 ds nkSjku rhu dk vk;kstu
fd;k ,oa bl VsLV esa tks vad çkIr gq, mlij okf"kZd fu"iknu ewY;kadu fjiksVZ
¼,ih,vkj½ esa fo'ks"k :i ls xkSj fd;k x;kA
x ^u‚yst cSad^
^cSafdax viMsV^
^bZ&DosLpu cSad^
^bZ&igy^
^v‚u&ykbu VsLV^
vuqlaèkku ,oa fo
j djrh jgrh gS vkSj mldh flQkfj'kksa ds
vk/kkj ij muesa lq/kkj fd, tkrs gSaA
xzkgd lsok
cSad xzkgdksa dh lsok gsrq mu
cSad dh vkarfjd f'kdk;r fuokj.k O;oLFkk esa xzkgdksa ds
fo'okl esa o`f) djus gsrq lgk;rk djsxk rFkk f'kdk;rksa dk fuiVku
vkarfjd O;oLFkk ds ek/;e ls fd;k tkuk lqfuf'pr djsxkA
ds f'kdk;r fuokj.k dks lokZsPp çkFkfedrk nsus dk
ç;kl djrk gSA ,d çkS|ksfxd fgrS"kh cSad gksus ds ukrs] cSad O;fäxr lsok ds
lkFk çkS|ksfxdh dks tksM+rh gSA
ekudh—r yksd f'kdk;r fuokj.k ç.kkyh ds vfrfjä cSad us
xzkgdksa ds f'kdk;r ds fuokj.k gsrq Rofjr igq¡p ds fy, fuEufyf[kr fofHkUu
f'kdk;r fuokj.k ç.kkyh dh 'kq#vkr dh gS
leLr 'kk[kkvksa esa f'kdk;r jftLVj j[kk tkrk gSA
lHkh 'kk[kkvksa ds cSafdax g‚y esa f'kdk;r ,oa lg lq>ko isVh j[kh x;h gSA
Vksy Ýh uacj ds lkFk ,dh—r d‚y lsaVj miyCèk
fd;k x;k gSA
xzkgd viuh f'kdk;r fuEufyf[kr bZ&esy ds tfj, Hkst ldrs gSa &
;fn dksbZ xzkgd fdlh Hkh eksckby ls uacj ij eSlst
Hkstrk gS rks cSad dk vfèkdkjh mlds f'kdk;r dks lquus ds fy, mls okil
d‚y djsxkA
cSad us viuk è;ku vPNh xzkgd lsok çnku djus ,oa xzkgdksa dh [kq'kh
lqfuf'pr djus ij dsfUær dh gSA bl fn'kk esa cSad us Jh lqjs'k pUæ 'kekZ
dks cSad ds eq[; xzkgd lsok vfèkdkjh ¼vkarfjd yksdiky½ ds :i esa fu;qä
fd;k gSA
eq[; xzkgd lsok lqjs'k pUæ 'kekZ
vf/kdkjh
¼vkarfjd cSafdax yksdiky½
dk;kZy; dk irk bafM;u cSad
d‚iksZjsV dk;kZy;
voS "k.eqxe lkyS
jk;isêk psUuS
bZ&esy vkbZ Mh
vkarfjd cSafdax yksdiky ¼eq[; xzkgd lsok vf/kdkjh½ dh fu;qfä dk
mís'; vkarfjd f'kdk;r fuokj.k O;oLFkk dks dks lq–<+ cukuk gSA
lhlh,lvks
f'kdk;r fuokj.k dh fofèk;ka
eq[; xzkgd lsok vfèkdkjh dh fu;qfä ¼vkarfjd yksdiky½
(SPGRS)
180042500000 24x7
56677 ‘complaint‘
254-260,
– 600 014
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Updates are ported in the IMAGE portal and made available
24x7 thorough internet/intranet. While `Knowledge Bank'
contains articles contributed by Faculty members on
contemporary issues of banking and economy, `Banking
Updates' elucidates the recent happenings in the banking
industry and economy. Yet another new `e-initiative' of the
Training System is the`e-Question Bank'. This contains
multiple choice questions on all important topics relating to the
operational aspects of day-to-day banking, prepared and
uploaded in the IMAGE portal, which can be accessed by any
employee, anywhere and anytime. This e-initiative enables all
employees to test their knowledge skills at their convenience
and comfort. Bank has also conducted three `on-line tests'
during March 2016 and the marks obtained in these tests were
considered for the Annual Performance Appraisal Report
(APAR).
IMAGE has set up a separate Research and Development
Wing and conducted various study projects viz. Avenues for
increasing Non Interest Income, Strategies for turnaround of
Loss Making Branches of Chennai South and North and
Strategies to reduce operating expenses to total expenditure
ratio etc.. IMAGE also carried out product comparison study
with peer Banks viz. Agri, MSME and Retails products to
explore the scope for further value addition and highlighted the
USPs (Unique Selling Points) of the Bank's products.
The Top Management of the Bank interacts with the
leaders of Employees' Unions, Officers' Associations and
their response is positive resulting in desired growth in
business and cordial relationship between the
Management and the Unions/Associations.
SAP HR software is being put to use for HR related activities
as part of HRMS. The HRMS is used as decision support
system in areas like promotion, transfer, placement. As a
measure of extending technological advancement to the
entire workforce and in aiming to achieve a paperless
processing of HR related issues, a cohesive web-site for
Human Resources Management through Intranet has been
hosted.
SAP – Implementation team has initiated and launched
several applications online for use by the staff members.
The Central Welfare Committee of the Bank constantly
reviews the welfare schemes available to the employees
and improvements are being made based on their
recommendations.
Research & Development
Industrial Relations
SAP
Staff Welfare Measures
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CUSTOMER SERVICE
Modes of Grievance Redressal
Appointment of Chief Customer Service Officer (Internal
Ombudsman)
Bank gives top priority to grievance redressal in its effort to
serve the customers. Being a tech friendly bank, the Bank
combines technology with personalised service.
The Bank has introduced various modes of grievance
redressal to enable quick access to the customers for
redressing their grievances in addition to Standardised Public
Grievance Redress System (SPGRS) as below:
Complaint register is maintained at all the branches.
Complaint cum suggestion box is placed in the banking
halls of all the branches.
Integrated Call centre with Toll free number
180042500000 is available 24x7
Customers can lodge complaint through e-mail at
If any customer sends the message 'complaint' to the
number 56677 from any mobile, the officer from the Bank
will call back to hear the grievance.
Bank focuses on providing a good customer service for
ensuring customer delight. In this direction, the Bank has
appointed Shri. Suresh Chandra Sharma as Chief
Customer Service Officer (Internal Ombudsman) of the
Bank.
Chief Customer Service Shri Suresh Chandra Sharma
Officer
(Internal Ombudsman)
Office Address Indian Bank
Corporate Office
254-260, Avvai Shanmugam Salai
Royapettah, Chennai – 600 014
E-mail ID [email protected]
The appointment of the Internal Banking Ombudsman
(Chief Customer Service Officer) aims at strengthening
the Internal Grievance Redressal Mechanism.
The CCSO shall help in strengthening customer
confidence in the Internal Grievance Redressal
Mechanism in the Bank and to ensure that the grievances
are settled through internal mechanism.
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ekudh—rtu f'kdk;r fuokj.k O;oLFkk
xzkgd fnol
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Hkkjr ljdkj ds fn'kkfunsZ'kkuqlkj] cSad us 18&02&2013 lss ekudh—r tu
f'kdk;r fuokj.k ç.kkyh dk 'kqHkkjaHk fd;k gSA cSad us ekudh—r tu
f'kdk;r fuokj.k ç.kkyh ¼,lihthvkj,l½ gsrq ,d bu gkml l‚¶Vos;j
fodflr fd;k gSA flLVe dh fuEufyf[kr vuqie fo'ks"krk,¡ gSaA
xzkgd cSad dh osclkbV ij miyC/k ,lihthvkj,l ds ek/;e ls
v‚uykbu f'kdk;r ntZ dj ldrs gSaA
f'kdk;r esa mu nLrkostksa dks layXu fd;k tk ldrk gSa ftUgsa og
f'kdk;r ds lkFk cSad dks miyC/k djkuk pkgrk@pkgrh gSA
ntZ dh xbZ f'kdk;r gsrq rqjar gh flLVe }kjk fufeZr ikorh
f'kdk;rdrkZvksa ds eksckby ua- @bZ esy vkbZ Mh ij Hksth tkrh gSA
,lihthvkj,l esa f'kdk;rdrkZ }kjk ntZ dh xbZ f'kdk;r dh fLFkfr dks
f'kdk;r la[;k tksfd f'kdk;r ntZ djrs le; miyCèk djkbZ xbZ Fkh] ds
ekè;e ls tkuk tk ldrk gSA
f'kdk;r dk lekèkku gks tkus ij çfrmÙkj@f'kdk;r dk lekèkku bZ&esy
vkbZ Mh@eksckby ua- ij Hkstk tkrk gSA
xzkgdksa }kjk 'kk[kk ds fo#) f'kdk;r ntZ djk, tkus ij lacfUèkr 'kk[kk
çcUèkdksa dks f'kdk;rksa ij rqjar è;ku nsus gsrq leFkZ cukus ds fy,
,l,e,l Hksts tk jgs gSaA
vapy dk;kZy;ksa esa fu;qä vfèkdkjh dks yafcr f'kdk;rksa dh la[;k rFkk
c<+rh gqbZ f'kdk;rksa dh lwpuk nsrs gq, muds rqjar fuokj.k gsrq 'kk[kkvksa ls
tkap djus ds fy, nSfud vkèkkj ij ,l,e,l Hksts tkrs gSaA
fofHkUu ç.kkfy;ksa ds ekè;e ls çkIr dh xbZ f'kdk;rksa dks ,lihthvkj,l
esa lesfdr fd;k tkrk gSA
LdSu çfr;ka@nLrkost tokc vFkok f'kdk;r ds lekèkku ds lkFk
f'kdk;rdrkZ dks Hksth tk ldrh gSaA
xzkgd lsok f'kdk;r fuokj.k ds vykok lwpuk ds çlkj] ikjnf'kZrk] xzkgd
dsUæLFkrk vkfn {ks=ksa esa Hkh lsok,¡ miyCèk djkrk gS rFkk xzkgd çfrfØ;k o
cSad ds ç;kl fu;fer :i ls lsokvksa dks v|frr djrs gSa ,oa mUur xzkgd
lsok dh vksj vfHkeq[k gSaA
cSad Hkkjrh; cSafdax lafgrk vkSj ekud cksMZ ¼chlh,lchvkbZ½ dk lnL; gS
ftlus xzkgd@,e,lbZ lsok lacaèkh çfrc)rk dwVksas dks v{kj'k% dk;kZUo;u
djus ds fy, viuk;k gSA
cSad us vius LFkkiuk fnol lekjksg ds ,d Hkkx ds :i esa 24&08&2015
dks lHkh 'kk[kkvksa esa ,d:irk ls xzkgd fnol euk;kA xzkgdksa dh ,d c<+h
la[;k uss xzkgd fnol@xzkgd cSBd esa Hkkx fy;kA dbZ xzkgdksa us 'kk[kkvksa
esa xzkgd lsok ds lqèkkj gsrq ewY;oku lq>ko fn, rFkk O;ogk;Z lq>koksa dks
dk;kZfUor fd;k x;kA
fu;ked cSBdsa@uksV~l
fu;ked çkfèkdkfj;ksa dh fVIif.k;k¡
lwpuk dk vf/kdkj ¼vkjVhvkbZ½ vf/kfu;e] 2005
fons'kh eqæk dkjksckj%
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xzkgd lsok ls lacfUèkr fu;ked@vfuok;Z cSBdksa dk le;&lkj.kh ds
vuqlkj vk;kstu fd;k x;kA
dSysaMj leh{kk ds vuqlkj cksMZ dh xzkgd lsok lfefr dh leh{kkvksa dks
cksMZ ds le{k çLrqr fd;k x;kA
okf"kZd dwV leh{kk esa tksf[ke vkèkkfjr i;Zos{k.k rFkk chlh,lchvkbZ esa
Hkkjrh; fjtoZ cSad }kjk dksbZ Hkh çfrdwy fVIi.kh ugha dh xbZA cSafdax
yksdiky us o"kZ ds nkSjku ifjpkyukRed ekeyksa esa dqN xkS.k funs'kksa ds
vfrfjä cSad ds fo#) dksbZ vfèkfu.kZ; ikfjr ugha fd;k gSA
lwpuk vf/kdkj vf/kfu;e ds rgr cSad }kjk izkIr vkosnuksa@izFke
vihyksa@f}rh; vihyksa ij xzkgd lsok d{k esa ,d Lora= MsLd dk;Z djrk
gSA lwpuk vf/kdkj vf/kfu;e ds dk;kZUo;u ij lalnh; lfefr }kjk nh
xbZ lykg ds vuqlkj cSad us 'kq: ls gh ,dy f[kMdh –f"Vdks.k viuk;k
gSA
cSad us o"kZ 2015&16 dh vof/k ds nkSjku lwpuk vf/kdkj vf/kfu;e ds rgr
2495 vkosnu] 312 izFke vihy vkSj 52 f}rh; vihy izkIr fd,A lHkh
lwpuk vf/kdkj vkonsuksa@vihyksa dks fu/kkZfjr vof/k ds Hkhrj fuiVk;k
x;k gSA
o"kZ ds nkSjku cSad us 23]936 djksM ds QksjsDl O;kikj dk lapkyu fd;k
gSA blesas fu;kZr vkSj vU; vkarfjd foizs"k.k 10]147 djksM+ ds Fks rFkk
vk;kr vkSj vU; ckgjh foizs"k.k 13]789 djksM+ ds FksA
o"kZ ds nkSjku cSad dk dqy varj cSad QksjsDl cktkj VuZvksoj 265]800
djksM #i, jgkA
cSad dh 94 'kk[kk,¡ QksjsDl O;kikj dk lapkyu djus ds fy, çkfèk—r gSa
rFkk vU; lHkh 'kk[kk,¡ xSj çkfèk—r 'kk[kkvksa ds :i esa dk;Z djrh gSa vkSj os
bu çkfèk—r 'kk[kkvksa ds ekè;e ls xzkgdksa dh fons'kh fofue; lacaèkh
vko';drkvksa dks iwjk djrh gSaA cSad dh 71 ns'kksa esa 223 cSadksa ds lkFk
laidhZ O;oLFkk,¡ miyC/k gSaA
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58
Standardised Public Grievance Redress System
Customer Day:
As per the directions of Government of India, Bank has
launched the Standardised Public Grievance Redress
System w.e.f 18.02.2013. Bank has developed in-house
software for Standardised Public Grievance Redress
System (SPGRS). The system has the following unique
features:
Customer can register the complaint online through the
SPGRS site provided in the web site of the Bank.
The complainant can attach scanned copies of documents
which he/she wants to provide to the Bank along with the
complaint.
The complainant gets instant acknowledgement with a
system generated complaint number to their mobile /
e-mail id.
The complainant may get the status of the complaint
lodged by him in SPGRS by giving the complaint number
provided to him on registering the complaint.
On resolution of the complaint reply / resolution for the
complaint are sent to the e-mail id /mobile number
SMS is being sent to the Branch Manager concerned on
porting a complaint by a customer against their Branch for
enabling them to attend the complaint immediately.
SMS to the designated officer at Zonal Offices sent on
daily basis informing the number of pending complaints
and escalated complaints for follow up with the Branches
for immediate redressal.
Complaints received through various modes are
integrated with SPGRS.
Scanned copies / documents can be sent to the
complainant along with the reply.
Customer service extends beyond grievance redressal to
areas such as Information Dissemination, Transparency,
Customer Centricity and Customer Feedback and the
Bank endeavors to continuously upgrade the services and
orient towards improved customer services.
Bank is a member of the Banking Codes and Standards
Board of India (BCSBI) having adopted the Codes of
Commitment to Customers/MSE for implementation in
letter and spirit.
Bank celebrated Customers' Day uniformly at all the
Branches on 24.08.2015 as part of its Founding Day
celebrations. Large number of Customers participated in
the Customers' Day/Customer meets. Many customers
had given valuable suggestions for improvement of
customer Service in the Branches and the feasible
suggestions were implemented.
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Regulatory Meetings / Notes:
RegulatoryAuthorities Observations:
RIGHT TO INFORMATION (RTI)Act 2005
FOREX BUSINESS
Regulatory/ Mandatory Meetings relating to Customer
Service held as per the schedules.
Reviews to the Customer Service Committee of the Board
/ Board were placed to Board as per the calendar of
Reviews.
No adverse remarks by RBI in the Risk Based Supervision
and BCSBI in the Annual Code Review. No awards have
been passed by the Banking Ombudsman (BO) against
the Bank during the year excepting a few minor directions
issued by BO for the operational issues.
A separate desk attached to Customer Service Cell at
Corporate Office is handling the applications, first
appeals/ second appeals received by the Bank under the
RTI Act. Since its inception, Bank has been adopting a
single window approach as suggested by the
Parliamentary Committee on implementation of RTIAct.
Bank received 2495 applications, 312 first appeals and 52
second appeals under the RTI Act during FY 2015-16. All
RTI applications/appeals were disposed off within the
stipulated time.
The turnover in Foreign Exchange business of the
Bank amounted to 23,936 Crore during the year.
Of this, export and other inward remittances amounted
to 10,147 Crore, while imports and other outward
remittances amounted to 13,789 Crore.
During the year, the total turnover in the interbank forex
market amounted to 265,800 Crore.
94 branches of the Bank are authorised to handle forex
business and all other branches are considered as
Non-authorised branches and they cater to the Foreign
Exchange need of their clients through these Authorised
Branches. The Bank has Correspondent Arrangements
with 223 banks in 71 countries.
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59
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,Qlh,uvkj@,uvkjbZ tek,¡ fons'kh eqnzk vfuoklh ¼,Qlh,uvkj½
[kkrksa dk lapkyu djus ds fy, 483 'kk[kk,¡ çkfèk—r gSaA vfuoklh Hkkjrh;
¼,uvkjvkbZ½ tekvksa esa fiNys o"kZ ds 7681 djksM ls 8744 djksM rd dh
o`f) ds lkFk 13-85 izfr'kr dh o`f) ntZ dh gSA
flaxkiqj ls cSad dh m|e foçs"k.k ;kstuk ds rgr flaxkiqj esa fuf/k dh izkfIr
ds ckn feuVksa esa fons'kh izs"k.kksa ds cjkcj #i, Hkkjr esa xzkgd ds [kkrksa esa
ØsfMV fd, tkrs gSa vkSj ØsfMV dh lwpuk nsrs gq, flaxkiqj esa izs"k.kdrkZ dks
,d ,l,e,l lans'k vxzsf"kr fd;k tkrk gSA ;g lqfo/kk lIrkg ds lHkh
fnu miyC/k gSA
fLo¶V vk/kkfjr lkekU; /ku varj.k ds vykok cSad }kjk ,uvkjvkbZ dks nh
tkusokyh vU; izs"k.k lqfo/kkvksa esa **,DLizsl euh**] **euhxzke** rFkk **osLVuZ
;qfu;u euh VªkUlQj** lqfo/kk,a gSaA
8 ,Dlpsat x`g] ;Fkk esllZ ;w,bZ ,Dlpsat lsaVj ,y,ylh & vcq/kkch]
;w,bZ ,Dlpsat lsaVj MCY;q,y,y & dqoSr] vkseu ;w,bZ ,Dlpsat lsaVj ,aM
da- ,y,ylh & vkseu] vy teu ,DLkpsat MCY;q,y,y & drj] thlhlh
,Dlpsat & nqcbZ] csygklk Xykscy ,Dlpsat & nqcbZ] vy nkj Qkj
,Dlpsat & drj] vy ?kqjSj ,Dlpsat ,y,yih & nqcbZ ds lkFk
bysDVªkfud fuf/k varj.k O;oLFkk izofrZr dh xbZ gSA esllZ vy jtgh cSad]
lkmnh vjsfc;k ds lkFk izs"k.k O;oLFkk igys ls gh izofrZr dh tk pqdh gS
vkSj ;g lQyrkiwoZd py jgh gSA
fons'k esa cSad dh rhu 'kk[kk,a flaxkiqj] dksyacks ,oa tkQuk esa fLFkr gSA 31
ekpZ 2016 dks fons'kh 'kk[kkvksa dh dqy tek ,oa vfxze jkf'k ¼ldy½ Øe'k%
5634-16 djksM vkSj 5545-34 djksM FkhA
o"kZ1941 esa LFkkfir dh xbZ flaxkiqj 'kk[kk us v|ru izkS|ksfxdh dk iz;ksx
djrs gq, fofo/k cSafdax lsok,a iznku djds igpku cukbZ gS vkSj viuh lk[k
c<kdj xzkgd fo'okl izkIr fd;k gSA 'kk[kk vc viuk dkjksckj nks ys[kk
bdkb;ksa esa dj jgh gS& flaxkiqj MkWyj dkjksckj ds fy, MksesfLVd cSafdax
;wfuV ¼Mhch;w½ vkSj flaxkiqj MkWyj ds vykok vU; eqnzkvksa esa dkjksckj gsrq
,sf'k;u djsUlh ;wfuV ¼,lh;w½A
dksyacks 'kk[kk] tks o"kZ 1932 esa LFkkfir dh xbZ] O;kikj foRr iznku djus esa
lfØ; :i ls Hkkxhnkj gSA fons'kh eqnzk cSafdax bdkbZ ¼,Qlhch;w½ dksyacks]
vkWQ'kksj cSafdax ifjpkyu esa yxh gSA
tkQuk 'kk[kk] tks o"kZ 2011 esa LFkkfir dh xbZ] tkQuk {ks= ds vkfFkZd
fodkl esa ,d egRoiw.kZ Hkwfedk fuHkkrh gSA
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foçs"k.k
varjkZ"Vªh; ifjpkyu
flaxkiqj 'kk[kk esa fefll l‚¶Vos;j dk v|ruhdj.k
;w,bZ esa ,uvkjvkbZ xzkgdksa dks osyde fdV
E;kaekj esa 'kk[kk dh 'kq#vkr
izkS|ksfxdh igy
lwpuk ,oa laizs"k.k izkS|ksfxdh
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flaxkiqj 'kk[kk 2008 o 2010 esa v|ru fd, x, vU; l‚¶Vos;j ds
vfrfjä fefll dksj cSafdax iSdst ,aM bDos'k+u dk mi;ksx dj jgh gSA
'kk[kk 2-44 fefy;u flaxkiqj M‚yj ¼11-47 djksM+ Hkkjrh; #i;s ds cjkcj½
esa l‚¶Vos;j dk v|ruhdj.k dj jgh gSA v|ru fd;k gqvk u;k flLVe
jktdks"k ifjpkyuksa ¼ÝaV v‚fQl½ ds daI;wVjhdj.k] dksj cSafdax ds lkFk
cSd v‚fQl ,oa feM v‚fQl dk ,dhdj.k] ,uih, rFkk osc vkèkkfjr
DykbaV ,fIyds'ku dk Lopkyu vkfn vfrfjä lqfoèkkvksa dks 'kkfey djrs
gq, ,dh—r djsxkA
bl l‚¶Vos;j dks flaxkiqj ds eqæk çkfèkdkjh ¼,e,,l½] Hkkjrh; fjtoZ cSad
rFkk d‚ikZsjsV dk;kZy; dh fjiksfVZax vko';drkvksa dks iwjk djus ds fy,
rS;kj fd;k x;k gSA fiNys o"kksZa ds egRoiw.kZ MsVk dks Hkfo"; esa
vko';drkuqlkj iqu% çkIr fd;k tk ldrk gSA
;g l‚¶Vos;j pj.kc) rjhds ls dk;kZUo;u dh çfØ;k esa gSS rFkk bldk
iw.kZ :i ls ifjpkyu 3 eghus ds vanj gksuk visf{kr gSA
vcqèkkch esa cSad ds çfrfufèk;ksa }kjk ;w,bZ esa ,uvkjvkbZ [kkrksa dks rqjar
[kksyus ds fy, cSad us ,d bu gkml ,fIyds'ku rS;kj dh gSA
bu gkml ,fIyds'ku ds ekè;e ls] [kkrk [kksyus dh çfØ;k ljy gks xbZ gS
ftlesa xzkgd dh lEiw.kZ tkudkjh ;w,bZ ds çfrfufèk;ksa }kjk lqjf{kr j[kh
tk,xh rFkk [kkrk [kksyus dh çfØ;k o lfØ;.k çfØ;k rqjar gks tk,xhA
[kkrk [kksyus ij xzkgdksa dks psd cqd] ,Vh,e dkMZ] iSEQ+ysV bR;kfn dks
'kkfey djrs gq, ,d osyde fdV tkjh dh tk,xhA
cSad E;kaekj esa ,d çfrfufèk 'kk[kk [kksyus dh rS;kjh esa gSA
cSad us O;kikj ds y{;ksa dks çkIr djus gsrq izkS|ksfxdh esa uohurk o çxfr ,oa
mUufr;ksasa dk vuqdwyre mi;ksx djrs gq, xzkgdksa dh vko';drk ds vuq:i
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FCNR/NRE Deposits: 483 branches are authorised to
handle Foreign Currency Non-Resident (FCNR)
Accounts. Non Resident Indian (NRI) Deposits recorded a
growth of 13.85 per cent at 8744 Crore as compared to
7681 Crore in the previous year.
Enterprise Remittances Scheme from Singapore offers
instant credit to customer accounts in India with rupee
equivalent of the foreign remittances within minutes of
receipt at Singapore Branch and an SMS message is
forwarded to the remitter at Singapore informing the credit.
The facility is available on all days of the week.
Other remittance facilities offered by the Bank for NRIs
include "Xpress Money", "Money Gram", "Western Union
Money Transfer", besides normal SWIFT based Money
Transfer across the globe.
Electronic Funds Transfer arrangements have been
launched with 8 Exchange Houses viz., M/s. UAE
Exchange Centre LLC–Abu Dhabi, UAE Exchange Centre
WLL– Kuwait, Oman UAE Exchange Centre & Co LLC –
Oman, Al Zaman Exchange WLL– Qatar, GCC Exchange
– Dubai, Belhasa Global Exchange – Dubai, Al Dar For
Exchange – Qatar, Al Ghurair Exchange LLP– Dubai.
Remittance arrangement with M/s Al Rajhi Bank, Saudi
Arabia has already been launched and running
successfully.
The Bank has three foreign branches located at
Singapore, Colombo and Jaffna. Total Deposits and
Advances (gross) of the foreign branches as on
March 31 2016 was 5634.16 crore and 5545.34 crore
respectively.
Singapore branch established in 1941 has carved a niche
by offering a variety of banking services using the latest
technology and enjoys enormous goodwill and customer
loyalty. The branch is presently maintaining its business in
two accounting units - Domestic Banking Unit (DBU) for
Singapore Dollar business andAsian Currency Unit (ACU)
for business in currencies other than Singapore Dollar.
Colombo branch established in the year 1932 has active
market presence extending trade finance. The Foreign
Currency Banking Unit (FCBU), Colombo is engaged in
offshore banking operations.
Jaffna branch established in 2011 plays a crucial role in
the economic development of Jaffna Region.
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REMITTANCES
INTERNATIONAL OPERATIONS
Upgradation of Misys software at Singapore branch:
Welcome Kit for NRI customers at UAE
Branch opening at Myanmar
TECHNOLOGY INITIATIVES
Information & Communication Technology
Singapore branch is using the Misys Core banking
Package and Equation besides other software which was
upgraded in 2008 and 2010. Branch is going for
upgradation of the software package at a cost of
SGD 2.44 Mio (Eqv. INR 11.47 crore) The new upgraded
system will integrate additional facilities including
computerization of treasury operations (Front Office),
integration of back office and mid office with core banking,
automation of NPAand Web based client application.
This software is devised to cater to the reporting
requirements of Monetary Authority of Singapore (MAS),
RBI and Corporate Office. The historical data kept in back
up for previous years can be restored as and when
required.
This software is under implementation in phased manner
and expected to be fully operationalised within 3 months.
Bank has created an In-house Application for immediate
opening of NRI accounts at UAE by Bank's
representatives atAbu Dhabi.
Through the In–house application, account opening
process is simplified where in the entire details of the
customers will be keyed in by the UAE representatives
and the account opening and activation process will be
instantly done. The customers will be issued a Welcome
Kit comprising of a cheque book, ATM card, pamphlets,
etc. immediately on opening of the account.
Bank is in the process of opening a Representative Office
at Myanmar.
The Bank has exploited the innovations and advancements in
Technology for achieving the business objectives and offers a
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61
foLr`r fofo/krkokys Vsd lsoh mRikn miyC/k djk, gaSA cSad us VSx&ykbu dk
**vkidk viuk cSad** ds :i esa u;k ukedj.k fd;k gSA cSad dh vkbZVh j.kuhfr
dks cSad ds dkjksckjh y{;ksa ds lkFk lefUor fd;k x;k gSA cSad ds vkbZVh
çLrkoksa dk y{; fuckZ/k] lqfo/kktud vkSj lqjf{kr ysunsu lqfoèkk,a iznku dj
xzkgd lsok dks vkSj csgrj cukuk vkSj xzkgdksa dh vis{kkvksa dh iwfrZ djuk gSA
dksj cSafdax lek/kku
,Vh,e@ch,u,@fd;ksLd
rduhd] O;kikj dks lacy nsus okys egRoiw.kZ rRo ds :i esa mHkj dj vkbZ gSftlus ubZ gnksa rd igqap cukbZ vkSj cSafdax dk;Zdykiksa ds lHkh igyqvksa dkslesV fy;k gSA
Hkkjr eas lHkh 2562 'kk[kk,a ,oa 28 foLrkj dkmaVjksa ij lhch,l gSAflaxkiqj] dksyacksa o tkQuk dh rhu vksojlht 'kk[kk,a lhch,l usVodZ lstqM+ xbZ gSaA lhch,l dk dk;kZUo;u lHkh 48 ç'kklfud dk;kZy;ksa esa Hkhdj fn;k x;k gSA
foRrh; lekos'ku ds varxZr igqap c<+kus gsrq 46 cSafdax lsok dsUnz ¼ch,llh½ns'k ds fofHkUu Hkkxksa esa ifjpkfyr gSaA
fuckZ/k dusfDVoVh lqfuf'pr djus ds fy, cSad us vkbZ,lMh,u cSdvi]ohlSV] thihvkj,l vkfn ls tqMh yht ykbZu tSls cgqeq[kh –f"Vdks.k dksviuk;k gSA vckf/kr xzkgd lsok dks lqfuf'pr djus ds fy, lHkh 'kk[kkvksadks 2 dusDVhfoVh fodYi çnku fd, x, gSaA
,eih,y,l usVodZ ls igys ls tqMs vapy dk;kZy;ksa ds vfrfjDr 'kk[kkvksadks ,eih,y,l usVodZ ls lh/ks tqMus ds fy, cSad ds okbM ,fj;k usVodZdk lq/kkj fd;k x;kA
cSad }kjk çk;ksftr rhuksa {ks=h; xzkeh.k cSadksa ¼iYyou xzke cSad] iqnqoSHkkjfr;kj xzke cSad vkSj lIrfxfj xzkeh.k cSad½ esa 100 çfr'kr lhch,ldk;kZUo;u gkfly fd;k x;k gSA
2531 ,Vh,e ¼649 vkWQlkbV ,Vh,e dks 'kkfey dj½ ifjpkyu esa gSaA
udnh jhlkbfDyax dk;Z esa leFkZ 253 udnh tek e'khusa ¼ch,u,½ yxok;hx;h gSa ftuesa xzkgdksa ls udnh izkIr Hkh dh tk ldrh gS vkSj mudksudnh nh Hkh tk ldrh gSA cSad us 102 bZ&ykmat LFkkfir fd, gSa tksfdch,u,] lqjf{kr iklcqd fçaVj o psd tek e'khu ds lkFk ekuo&jfgr
fd;ksLd ds :i esa lHkh bZ&ykmat esa Nqêh ds fnuksa esa Hkh ifjpkyuesa jgrs gSaA
ik¡p LFkkuksa ij pfyr ¼eksckby½ ,Vh,e fØ;kRed gSaA
izk;skftr {ks=h; xzkeh.k cSadksa ds xzkgdksa dks #is MsfcV dkMZ tkjhfd, tkrs gSaA
'ks;j dj ysus dh O;oLFkk ds tfj;s cSad ds xzkgdksa dks Hkkjr esals vf/kd ,Vh,e miyC/k gSaA
,Vh,e dkMZ rFkk fiu esyj tkjh gksrs gh mUgsa 'kk[kkvksa ls çkIr djus gsrqxzkgdksa dks muds jftLVMZ eksckby ua ij fu%'kqYd ,l,e,l eksckby,yVZ eSlst Hksts tkrs gSaA
,Vh,e esa 1 djksM+ ekfld fgV@ysunsuksa ds ehy ds iRFkj dks ikj djfy;kA
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ch,u, xzkgdksa] fo'ks"kr% nsj jkr dks viuk O;kikj can djus okys xzkgdksa dksfdlh Hkh le; vius #i;s lqjf{kr :i ls tek djus esa lgk;rk djrk gS
cSad us usV cSafdax ds ek/;e ls] xzkgdksa dh lqfoèkkuqlkj Lo;a lsok forj.k pSuy'kq: fd, gaS] tks baVjusV ds ek/;e ls fuf/k varj.k] dj vkSj mi;ksfxrk fcyHkqxrku esa cSafdax dh lqfo/kk,a çnku djrs gSaA usV cSafdax lqfo/kk] O;fä;ksa vkSj
dkWiksZjsV xzkgdksa nksuksa ds fy, igqap ds lkFk iznku dh tkrh gSaA
usV cSafdax lqfo/kk ds t+fj, nh xbZ fofHkUu lsok,¡ fuEukuqlkj gSa %
cSad dh osclkbV dks fofHkUu mRiknksa ds foKkiuksa ds lkFk çR;sd mRikn dhtkudkjh n'kkZrs gq, ,d u;k :i fn;k x;k gSA
usV cSafdax lqfoèkk ds fy, v‚uykbu jftLVªs'ku miyCèk djk;k x;k gS]ftlesa xzkgd Lo;a viuk ikloMZ ¼dkxt jfgr fiu½ lsV dj ldrs gSaA
v‚uykbu cpr [kkrk [kksyus dh lqfoèkk miyCèk djkbZ xbZ gSA
usV cSafdax esa iqu% vksVhih Hkstus dh lqfoèkk 'kq# dh xbZ gSA
usV cSafdax ds ekè;e ls bZ&Hkqxrku djus ds fy, fofHkUu ljdkjh¼rfeyukMq] xqtjkr] dsjy] gfj;k.kk½ dj o xSj dj olwyh iksVZy ds lkFk,dhdj.k dj fy;k x;k gSA
usV cSafdax ds ekè;e ls dj dh bZ&Qk;fyax dh lqfoèkk xzkgdksa dks miyCèkdjkbZ xbZ gSA ;g lqfoèkk cSad ds usV cSafdax ØsMsaf'k;Yl ds vkèkkj ij xzkgddks dj fooj.kh Hkjus dks lqxe cukrh gSA
,.Mªk;M] foaMks ,oa vkbZvks,l IysVQ‚eZ ij is'k dh xbZ baMis eksckby cSafdax,Iyhds'ku fuEufyf[kr cSafdax ysunsuksa dks miyCèk djk jgh gSA
lhvkbZ,Q la[;k ls tqM+s gq, [kkrksa dh jkf'k dh iwNrkaNA
[kkrs dk laf{kIr fooj.k ¼vafre ik¡p ysunsu½A
cSad ds vanj gh ,d [kkrs ls nwljs [kkrs esa fufèk varj.kA
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vkbZ,eih,l ds ekè;e ls vU; cSadksa ds [kkrksa esa fufèkvarj.kA
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24 x 7
724 x
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wide variety of Tech savvy products in tune with the customer
needs. The Bank has re-christened the tag line as “Your Own
Bank”. The IT strategy of the Bank has been aligned with the
business goals of the Bank. The Bank's IT initiatives aim to
provide hassle free, convenient and safe transaction facilities
to further enhance the Customer Service and meet customers'
expectations.
Technology has now positioned itself as a critical business
enabler, pervading new frontiers and encompassing all
aspects of banking activities.
All the 2562 branches and 28 Extension counters in India
are on CBS platform. The 3 overseas branches at
Singapore, Colombo and Jaffna are connected to CBS
network. CBS implemented at all the 48 administrative
offices also.
46 Banking Service Centres (BSC) are operational in
various parts of the country to increase outreach under
Financial Inclusion
Bank has adopted versatile approach for ensuring
uninterrupted connectivity like Leased Line with ISDN
Backup, VSATs, GPRS etc. All the branches are having
2 connectivity options to ensure uninterrupted customer
service
Revamping of Bank's Wide Area Network done to connect
Branches directly to MPLS network in addition to Zonal
Offices which are already on MPLS.
100% CBS implementation achieved in all the 3 RRBs
(Pallavan Grama Bank, Pudhuvai Bharathiar Grama Bank
and Saptagiri Grameena Bank) sponsored by the Bank.
2531 ATMs (Including 649 offsite ATMs and 5 mobile
ATMs) are in operation.
Deployed 253 Cash Deposit Machines (BNA's) enabled
with Cash recycling functionality, wherein the machines
can receive and dispense cash to the customers. Bank
installed 102 e-lounges which are unmanned kiosks with
BNAs, secured pass book printers and cheque deposit
machines with 24x7 operations on all days including
holidays.
MobileATM is functional at 5 places.
RuPay Debit Cards issued to customers of all 3 RRBs.
More than 2,21,000 ATMs in India are available to Bank's
customers through sharing arrangements.
Free SMS mobile alert message sent to customers on
issue of ATM card and pin-mailers to their registered
mobile number for collection from branches.
Reached the mile stone of 1 crore monthly hits/
transactions inATMs.
Core Banking Solution
ATMs/ BNAs/ Kiosks:
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Passbook Printing Kiosks have enabled the customers to
print their Passbook without waiting for a long time in the
branch counter, at their convenient time even after the
business hours of the Bank.
Cheque Acceptor Kiosks have been installed for hasslefree deposit of the cheques at any time by the customerswithout filling the challans, which will be scannedautomatically without intervention of the branch staff.
BNAs help customers especially Traders who close theirbusiness late night to deposit their money safely at anytime.
The Bank has introduced self service delivery channelsthrough Net Banking, which facilitates, banking throughinternet, funds transfer, tax and utility bills payments, atcustomers' convenience. The net-banking facility is providedfor both individuals and corporate customers with 24x7accessibility.
The various new services offered through Net Banking facilityare as follows:
Bank website has been given a new look and details ofvarious products along with their features are available foreach product.
Online Registration for Net Banking facility has beenprovided, wherein customer can set their own Password(Green PIN).
Online SB account opening facility has been provided.
Resend OTP facility has been introduced in the netbanking.
Integration with various Government (Tamilnadu, Gurajat,Kerala, Haryana) Tax and Non-Tax collection Portal formaking e-payments through net banking has been done.
e-Filing of Tax Return through net banking provided tocustomers. This facilitates customer to file Income Taxreturn based on Bank's net banking credentials.
IndPay' Mobile Banking application launched by the Bank onAndroid, Windows & iOS platforms providing the followingbanking transactions:
Balance enquiry of accounts linked under CIF Number
Mini statement (last five transactions) of accounts.
Fund transfer within the Bank from one account toanother
Fund transfer to accounts of other banks using NEFTscheme of RBI.
Fund transfer to accounts in other banks on 24x7basis through IMPS.
Value Added Services like Change MPIN & MTPIN,Mobile Top up, DTH Recharge, Bill Pay services,Scan & Pay etc.,
Internet Banking:
Mobile Banking:
63
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xzkgdksa }kjk lek'kksèku gsrq çLrqr fd, x, psdksa gsrq ukes fd, x, [kkrs dhlwpuk ds lkFk ,yVZ ,l,e,l Hksts tkrs gSa rFkk fdlh Hkh çdkj dhfolaxfr ik, tkus dh fLFkfr esa psd okil djus gsrq fufnZ"V le; lhek dsigys 'kk[kk ls laidZ djus gsrq lpsr fd;k tkrk gSA
cpr [kkrs gsrq ekfld U;wure 'ks"k u j[ks tkus ij yxk, tkus okys çHkkjds ckjs esa ,yVZ ,l,e,l Hksts tkrs gSA
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;w,bZ esa dk;Zjr vfuoklh Hkkjrh;ksa dks vklkuh ls [kkrk [kksys ds fy,v‚uykbu ;w,bZ,Dl [kkrk [kksyuk dk;kZfUor fd;k x;k gSA
cSad esa dsoy fe;knh tek j[kus okys xzkgdksa dks ,ubZ,QVh ds ekè;e ls,QMh C;kt çkIr djus ds fy, ,ubZ,QVh ds ekè;e ls ,QMh C;kt dsHkqxrku dks lqxe cuk;k x;k gSA
bZ ilZ ,d mUur mRikn gS tksfd xzkgdksa dks muds [kpksZa ijfu;a=.k djus rFkk muds MsfcV dkMZ dks fofHkUu çdkj dh èkks[kkèkM+h tSlsdkMZ fLdfeax] fQf'kax] dkMZ pksjh gks tkus vkfn ls lqj{kk djus gsrq is'kfd;k x;k gSA xzkgd viuh vko';drkuqlkj fufèk dks vius eq[; [kkrs lsbZ&ilZ [kkrs esa varfjr dj ldrs gSA dkMZ ds nq#i;ksx ds dkj.k xzkgd dksgksus okyh èku gkfu dhs jksdFkke ds fy,] xzkgd dkMksZa ds ç;ksx u djus ijiwjh jkf'k dks vius eq[; [kkrs esa varfjr dj ldrs gSa rFkk ;g dkMZ ç;ksxdjus dh lhek dks de djus dks Hkh vuqer djrk gS ftlls dkMZ dsnq#i;ksx gksus dh fLFkfr esa gkfu dks de fd;k tk ldrk gSA
MsfcV dkMZ@ØsfMV dkMZ ls fd, tkus okysifjpkyuksa dks fu;af=r djus ds fy, ,d eksckby ,i gS ftlesa xzkgd,Vh,e@ihvks,l@v‚uykbu VªSUlSD'ku esa vkgj.k lhek dksy‚d@vuy‚d ¼vFkok½ c<+k@?kVk ldrs gSA vkxs] [kkrk 'ks"k lacaèkhiwNrkaN rFkk cgqr ls [kkrksa dks fyad djus dh lqfoèkk 'kq: dh xbZA ;geksckby ,i ,.MªkZbM] foaMks ,oa vkbZvks,l IysVQ‚eZ ij miyCèk gSA
mPp ekfy;r okys O;fä;ksa ¼,p,uvkbZ½ ds fy,d‚ikZsjsV dk;kZy; ifjlj esa ,d fo'ks"k fMftVy ykmUt miyCèk djk;kx;k gSA
ih,e,lchokbZ rFkk ih,etstschokbZ dh vksj chek dsfUær tek rFkk migkj;kstuk,a is'k dh xbZ gSaA
lqj{kk tek fx¶V
thou lqj{kk fx¶V
lqj{kk tek ;kstuk fx¶V
bZ&d‚elZ¼dEI;wVjksa ds tfj;s okf.kfT;d ysunsuksa½ ds fy, ekLVj dkMZ lqjf{krvfèkçek.ku ds ekè;e ls LFkSfrd ikloMZ ds LFkku ij xfr'khy ou VkbeikloMZ dks fØ;kfUor fd;k x;k gSA
vU; ubZ igysa %
bZ ilZ
vkbZ ch LekVZ fjeksV
vkbZch Mh&bykbZV
xfr'khy ou Vkbe ikloMZ ¼vksVhih½ dk fØ;kUo;u
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lwpuk ç.kkyh lqj{kk
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çR;sd ekg gsrq x`g _.k çek.k&i= 'kk[kkvksa gsrq fdlh Hkh le; x`g _.k
C;kt çek.k&i= tkjh djus ds fy, ;g lqfoèkk nh xbZ gSA
O;olk; fujarjrk ;kstuk ¼chlhih½ ds :i esa vkink m)kj ¼Mhvkj½
ifjpkyuksa gsrq fu;j v‚ulkbZV ifjpkfyr fd;k x;kA
O;kikj esa lao`f) gsrq rFkk udn jfgr [kjhnnkjh dks c<+kus ds fy, ihvks,l
VeÊuyksa dk fofu;kstu fd;k x;k gSA
,Vh,e esa dkMZ ls [kkrs esa fufèk varj.k lqfoèkk 'kq: dh xbZ gSA
bZ&d‚elZ ¼dEI;wVjksa ds tfj;s okf.kfT;d ysunsuksa½ ds vLohdj.k dks de
djus ds fy, #is dkMZ dk ç;ksx djrs gq, fd, tkus okys bZ&d‚elZ
¼dEI;wVjksa ds tfj;s okf.kfT;d ysunsu½ ysunsuksa gsrq dkMZ$vksVhih dks
dk;kZfUor fd;k x;k gSA
vksvkjvksih ,fjvj ihlhMh,] bykgkckn ds fn'kkfunZs'kkuqlkj yxHkx
25000 ik= fMQsal isa'kuHkksfx;ksa dks fMQsal vksvkjvksih ,fjvj ds Hkqxrku
dh x.kuk ds fy, isa'ku l‚¶Vos;j esa ,d u;k çksxzke fodflr fd;k x;k
gSA
çf'k{k.k
lHkh deZpkfj;ksa dks fujarj daI;wVj lEcU/kh çf'k{k.k fn;k tkrk gS rkfd os
izkS|ksfxdh ds ekgkSy dks lapkfyr djus esa leFkZ gksaA orZeku o"kZ ds nkSjku
4000 vf/kdkfj;ksa vkSj 4500 vokMZ LVkQ ds y{; ds izfr 5096
vf/kdkfj;ksa vkSj 4124 fyfidksa dks çf'k{k.k iznku fd;k x;kA blds
vykok] 36 laxkeh ys[kk ijh{kdksa dks çf'k{k.k laLFkku esa lhch,l ls ys[kk
ijh{kk ds ç;kstu lEcU/kh fjiksVZ cukus gsrq çf'k{k.k fn;k x;kA
100 izfr'kr dksj cSafdax lek/kku }kjk Lopkyu dk iwjk Qk;nk mBkus ds
fy, ,evkbZ,l foHkkx fofHkUu vfHkdj.kksa ,oa foHkkxksa dks fofHkUu
fjiksVZ@MsVk iznku djrk jgk gSA bl iz.kkyh dks vkSj lqfo/kktud cukus
ds fy, cuh cukbZ fjiksVksZa ds l`tu ds fy, ,d u;k ,evkbZ,l iksVZy
fodflr fd;k x;k gSA
cSad dh lwpuk ç.kkyh o lqj{kk çfØ;k,a vkbZ,lvks 27001 2013 ekud ls
çekf.kr fd;k x;k gS rFkk nqfu;k Hkj esa çekf.kr dqN cSadksa esa ls gekjk cSad
,d gSA ;g çek.khdj.k cSad dh foÜoluh;rk] lwpuk lqj{kk ç.kkyh dh
etcwrh gsrq ç'kalk i= dks lfEefyr djrk gS rFkk xzkgdksa dks vkÜokLr
djrk gS fd cSad dh lwpuk lqj{kk mPp fdLe dh gSA ekud lwpuk lqj{kk
çcaèku ç.kkyh ¼vkbZvkl,e,l½ ds fu"iknu dks ekius o ewY;kadu ij Hkh
t+ksj Mkyrk gSA çekf.kr lqj{kk ekud ds ikl dwV&ys[ku] lqjf{kr fodkl]
lqj{kk ijh{k.k] vkiwfrZdrkZ lacaèk bR;kfn esa vfrfjä fu;a=.k gSA çekf.kr
lqj{kk ekud ds ikl dwV&ys[ku] lqjf{kr fodkl] lqj{kk ijh{k.k]
vkiwfrZdrkZ lacaèk bR;kfn esa vfrfjä fu;a=.k gSA lwpuk lqj{kk i‚yhfl;ka
64
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The customers having active Internet Banking or Debit
Card credentials can register online for 'IndPay' Mobile
Banking facility.
SMS alerts are sent for Cheques presented by the
customers in clearing along with account debit information
which alert the customers to contact branch before cutoff
time of return, if any discrepancy is noticed.
SMS alerts sent to customers on maintenance of minimum
monthly balance in Savings Bank account.
Disbursement of NREGA payments through PFMS with
823.15 lakh transactions amounting to 4781.79 crores
during the Financial Year 2015 – 16.
Online UAEX customer account opening implemented for
easy opening of account by NRIs working in UAE.
Facilitated FD interest through NEFT for customers who
have only Term Deposits with the Bank to get their FD
interest through NEFT.
E-Purse is an innovative product launched to
allow customers to have control over their expenses and
to protect their debit cards from various frauds such as
card skimming, phishing, card theft etc. Customers have
facility to transfer funds from their main account to their
e-Purse account as per their requirement. For preventing
loss of money to customers due to misuse of cards,
customers can transfer the whole amount to main account
whenever they are not using the cards and also to allow
them to reduce the limit of card usage so that the extent of
loss can be minimised if card misuse happens.
A Mobile App to control the
operations in the Debit card / Credit card wherein
customers can Lock / Unlock (or) Increase / Decrease the
withdrawal limit in ATM/ PoS / Online transactions.
Further, account balance enquiry and facility to link
multiple accounts has also been introduced. The mobile
App is available onAndroid, Windows & iOS platforms.
Exclusive Digital Lounge for High Networth
Individuals (HNI) customers made available in the
premises of Corporate Office.
Introduced insurance focused Deposit and Gift Schemes
for PMSBY and PMJJBY:
1. SURAKSHADEPOSIT GIFT
2. JEEVAN SURAKSHAGIFT
3. SURAKSHADEPOSITYOJANAGIFT
Implemented Dynamic password (OTP) instead of
the static password through MasterCard secure code
authentication for e-commerce transactions.
Other new initiatives:
E-purse:
IB SMART Remote:
IB D-Elite:
Implementation of Dynamic One Time Password
(OTP):
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IB V-Collect (Virtual Account Collection):
Training:
MANAGEMENT INFORMATION SYSTEM
INFORMATION SYSTEMS SECURITY
Through this,
collection of funds payable to our customer with remitter
information was facilitated using multiple options - Branch
counters and through NEFT.
Home loan Certificate for every month: Facility created for
the branches to issue home loan interest certificate at any
time.
Near Onsite for Disaster Recovery (DR) operations made
operational as Business Continuity Planning (BCP).
Deployment of PoS terminals implemented for
augmenting acquiring business and for increasing
cashless purchases.
Introduced Card to Account funds transfer functionality in
ATMs.
Implementation of Card + OTP for e-commerce
transactions done using Rupay cards for reducing
instances of decline of e-commerce transaction.
OROPArrears: A new program was developed in Pension
software for calculation and payment of Defence OROP
arrears to nearly 25000 eligible defence pensioners as per
the direction of PCDA,Allahabad.
Computer related training is imparted to staff on an
ongoing basis to empower them to handle the Technology
platform. During the current year, 5096 officers and
4124 award staff have been trained against the target of
4000 officers and 4500 clerks. Apart from this
36 concurrent auditors were also trained by our training
centres on handling CBS related reports for audit purpose.
To derive full benefit of automation through 100 percent
CBS, the MIS department has been providing various
reports/data for furnishing to different agencies and
departments. To facilitate the same, a new MIS portal has
been developed with facility to generate tailor made
reports.
Bank's Information System & Security processes have
been certified with ISO 27001:2013 standard and the
Bank is among the very few Banks that are certified
worldwide. The certification adds credibility, a testimonial
for the reliability of the Bank's information security system
and reassures the clients that the Bank's information
security is of high quality. The standard also lays emphasis
on measuring and evaluating performance of Information
Security Management System (ISMS). Also, the certified
security standard has additional controls in cryptography,
secured development, security testing, supplier
relationship etc. Information Systems Security Policies as
65
vkbZ,lvks 27001&2013 ds vuqlkj rS;kj dh xbZa rFkk gekjs cSad dh lwpuk
ç.kkyh dks lqjf{kr cukus ds fy, ykxw fd;k x;kA
cSad esa ,d i`Fkd lwpuk ç.kkyh lqj{kk foHkkx dk;Zjr gSA
lwpuk lqj{kk dks etcwr djus ds fy, dksj cSafdax lek/kku l‚¶Vos;j] cSad
ds usVodZ ds cqfu;knh <kaps] baVjusV cSafdax vkSj ,Vh,e usVodZ dh izR;sd
o"kZ vkbZ,l ys[kkijh{kk ckgjh ,tsalh & }kjk dh tkrh gSA
daI;wVj lqj{kk ij fujarj vk/kkj ij fuxjkuh j[kus ds fy, fn'kkfunsZ'k
tkjh fd, x, gSaA
24 7 vk/kkj ij lHkh fo|eku rFkk izLrkfor lqj{kk midj.kksa dk
vuqoh{k.k djus ds fy, lqj{kk ifjpkyu dsUnz ¼,lvkslh½ dh LFkkiuk dh
xbZ gSA bl ifj;kstuk ds rgr Qk;joky] usVodZ baVªwlu jksd iz.kkyh
¼,uvkbZih,l½] gksLV baVªwlu fMVsD'ku iz.kkyh ¼,pvkbZMh,l½ dk lhMhlh
rFkk Mh vkj lkbV esa foLr`r ek=k esa iz;ksx fd;k x;k gSAflD;qfjVh
bUlhMsaV ,aM boSaV eSustesaV ¼,lvkbZbZ,e½ lksY;w'ku ds lkFk y‚x eSustesaV
lksY;w'ku dks dk;kZfUor fd;k x;k gS tksfd fØfVdy fMokbl ls lHkh
y‚Xl dks ijLij tksM+rk gS rFkk lqj{kk lacaèkh fdlh Hkh ?kVuk ds ?kfVr gksus
ij lpsr djrk gSA
m|eO;kih lqj{kk ifj;kstuk ds ,d va'k ds :i esa vkfLr vkSj iSp izca/ku
lek/kku dk;kZfUor gS] ftlls vko';d izpkyu iz.kkyh iSpksa dks izpqj ek=k
esa iz;ksx djrs gq, dEI;wVj gkMZos;j@vkfLr;ksa dh igpku o irk yxk;k
tk ldrk gS vkSj vuqj{k.k fd;k tk ldrk gSA ;g lek/kku d‚ikZsjsV
dk;kZy;] vapy dk;kZy; vkSj lHkh lhch,l 'kk[kkvksa esa iz;ksx esa yk;k
x;k gSA
Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kksa ds vuqlkj foRrh; o"kZ 2015&16 ds
nkSjku lhch,l] ,fDte fcYl] ,Vh,e] usV cSafdax] osclkbV] bZohohvkj]
dksyEcks lhch,l vkSj ,fDtefcYl] fgLVjh vkSj flXuspj ifjpkyuksa ds
fy, o"kZ ds nkSjku nks ckj vkinkiwfrZ dok;n lapkfyr dh xbZA
lwpuk lqj{kk ij Hkkjrh; fjt+oZ cSad ds dk;Z ny ds fn'kkfunsZ'kksa esa crk,
x, 9 foLr`r {ks=ksa esa esllZ ,,, VsDukWythl }kjk xSi fo'ys"k.k vk;ksftr
fd;k x;k ,oa dqy 56 xSi igpkus x;sA
igpkus x, xSiksa esa ls 31-03-2016 rd 54 xSiksa ij vuqikyu fd;k x;k vksj
ckdh 2 xSiksa dks vuqikyukFkZ ys fy;k x;k gSA
gfjr igy ds va'k ds :i esa foØsrkvksasa] iwfrZdrkZvksa bR;kfn dks lHkh
Hkqxrku bysDVªkfud pSuyksa ds t+fj, fd;s tkrs gSa] tSls lh/ks
tek@,ubZ,QVh@vkjVhth,l ¼dsoy viokfnd fLFkfr;ksa esa psd ds
t+fj, Hkqxrku fd;k tkrk gS½A
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vkfLr vkSj iSp izca/ku lek/kku dk dk;kZUo;u
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lwpuk lqj{kk] bysDVªkfud cSafdax] ÁkS|ksfxdh tksf[ke Áca/ku vkSj
lk;cj /kks[kk/kfM;ksa laca/kh Hkkjrh; fjt+oZ cSad dk;Z ny ds fn'kkfunsZ'k
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d‚ikZsjsV dk;kZy; esa ÅtkZ cpr ¼,utÊ lsfoax½ ds fy, lkSj ÅtkZ o
,ybZMh ykbZV dh 'kq#vkr dh xbZA
cSad dh Hkkjr esa 146 laifRr;ka vkSj flaxkiqj esa 2 laifRr;ka gSaA
cSad esa ifjlj O;;] [kjhnh] lafonkvksa] eqnz.k vkSj ys[kulkexzh]
okrkuwdwyu] vkVkseksckby] VsfyQksu@lsy Qksu ds fy, ,d leku uhfr;ka
cukbZ xbZ gSa vkSj lHkh 'kk[kkvksa@vapyksa }kjk ;s viukbZ xbZ gSaA
cSafdax ifjpkyuksa ds orZeku Ldsy us ¼,utʽ ÅtkZ ¼mnkgj.k ds rkSj ij
ykbZfVax] okrkuqdwyd ¼,vj dafM'kfuax½] bysDVªkfud@bysfDVªdy
bfDoiesaV] vkbZVh bR;kfn½] dkxt ds vR;fèkd ç;ksx bR;kfn ls cSad us
dkcZu QqVfçaV esa cM+s iSekus ij o`f) dh gSA
cSafdax esa LFkk;h O;olk; dk;Zç.kkyh ds dk;kZUo;u ds ,d va'k ds :i esa]
cSad us dk;kZy;ksa rFkk 'kk[kkvksa esa ÅtkZ laj{k.k ds fy, lfØ; dne mBk,
gSaA
iwjs ns'k esa bZ ykmat] bZ&fooj.kksa] baVjusV cSafdax] Qksu cSafdax bR;kfn dk
çpkj&çlkj djrs gq, dkxt jfgr igyksa dks dk;kZfUor fd;k tkrk gSA
tksfd xzkgdksa dks dkcZu QqVfçaV de djus esa lgk;d gksrk gS D;ksafd mUgsa
eqfær cSad fooj.kksa dh vko';drk ugha iM+rhA
bafM;u cSad dh 2531 v‚VkseSVsM Vsyj e'khusasa ¼,Vh,e½ rFkk udn tek
e'khusasa ¼lhMh,e½] MsfcV dkMZ] ØsfMV dkMZ bR;kfn 'kk[kkvksa esa fd, tkus
okys ysunsuksa gsrq dkxt dh de ls de [kir dks lqfuf'pr djrh gSaA
cSad us d‚ikZsjsV dk;kZy; esa lkSj ÅtkZ ds ç;ksx ds ekè;e ls gfjr ÅtkZ dks
viuk;k gS] tksfd igys ls gh xzhu fcfYMax ¼xksYM jsfVax½ LVsVl esa gSA
ÅtkZ ds oSdfYid lzksr dks viukrs gq,] cSad us lkoZtfud {ks=d cSad ds
:i esa vU; bdkbZ ds lkFk gfjr Hkkjr ds fuekZ.k esa lg;ksx gsrq vkxs vk;k
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dk;kZfUor djrs gq, gfjr fctyh dh 'kq#vkr dh gSA
bafM;u cSad }kjk 'kq: dh xbZa gfjr igysa
lkSj ÅtkZ:
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66
per ISO 27001 – 2013 Standards were formulated and put
in place to secure the Information Systems of the Bank.
Separate Information System Security Department is
functional.
IS audit of Core Banking Solutions software, Network
infrastructure of the Bank, Internet Banking and ATM
network is being done by external agency, every year to
strengthen Information Security.
Guidelines issued to observe Computer Security on an
ongoing basis.
Security Operation Centre (SOC) established for
monitoring all the existing and proposed security devices
on a 24x7 basis. Under this project, Firewalls, Network
Intrusion Prevention System (NIPS), Host Intrusion
Detection System (HIDS) are deployed in CDC and DR
Site. The Log Management solution with Security Incident
and Event Management (SIEM) Solution has been
implemented which correlates all the logs from the critical
devices on a real time basis and generates alerts on any
security incident.
As part of the enterprise wide security project, the Asset
and Patch Management Solution is implemented, using
which the computer hardware/ assets can be identified,
tracked and maintained by deploying the necessary
operating system patches. The solution has been
deployed in Corporate Office, Zonal Offices and all CBS
branches.
As per RBI guidelines, Disaster Recovery Drill for CBS,
Eximbills, ATM, Net banking, Website, EVVR, Colombo
CBS and Eximbills, History and Signature operations were
conducted twice during the financial year 2015-16.
A gap analysis was conducted by M/s.AAA Technologies
and a total of 56 gaps were identified in nine broad areas
mentioned in RBI Working group guidelines on
Information Security.
Out of the gaps identified, 54 gaps were complied as on
31.03.2016 and the remaining 2 gaps are taken up for
compliance
As part of green initiative, all payments to vendors,
suppliers etc., are made through electronic channel viz.,
direct Credit / NEFT/RTGS (only under exceptional
circumstance, payment by way of cheque is made).
Implementation of Asset and Patch Management
Solution:
Disaster Recovery Drill
RBI Working group guidelines on Information Security,
Electronic Banking, Technology Risk Management and
Cyber Frauds
PREMISES
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Introduction of Solar Power and LED lights at Corporate
Office for energy saving.
Bank owns 149 properties in India and 2 properties in
Singapore.
Bank has put in place uniform policies for Premises,
Expenditure, purchases, contracts, printing and
stationery, Air conditioning, Automobiles, Telephone / Cell
phone and has adopted the same at all branches / Zones.
The present scale of banking operations has considerably
increased the carbon footprint of banks due to their
massive use of energy (e.g., lighting, air conditioning,
electronic/electrical equipments, IT, etc), high paper
usage etc.
As a part of implementation of sustainable business
practices in Banking, Bank has taken proactive steps for
energy conservation in offices and branches.
Paperless initiatives are implemented across the country
by promoting e-lounges, e-statements, internet banking,
phone banking etc. which in turn help to reduce the carbon
footprint of the customers as they do not have to resort to
printed bank statements.
Over 2531 Indian Bank Automated Teller Machines
(ATMs) and Cash Deposit Machines (CDMs), Debit
Cards, Credit Cards etc. ensure reduced consumption of
paper used for transaction at Branches.
Bank switched to green power by harnessing solar power
to Corporate Office, which is already under Green Building
(Gold rating) status. In adopting alternative source of
energy, Bank as Public Sector Bank joined hands with
other entity to form Green India.
Bank initiated the ‘Green Power’ Plant by implementing
66kWp Power Plant at Corporate Office.
GREEN INITIATIVES BY INDIAN BANK
Solar Power:
67
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lkSj ÅtkZ dks dk;kZfUor fd;k tk jgk gS] rFkk blls ÅtkZ dh [kir esa gksus
okys dqy [kpZ esa 4&5 çfr'kr dh deh visf{kr gSA
bywfeus'ku flLVe esa u, ,ybZMh ySai ds lkFk baVhfj;j ykbZfVax flLVedks çLrqr djds u, rduhdh mRiknksa dks viukus esa cSad ifjorZu voLFkkesa gSA
[kksyh xbZ ubZ 'kk[kkvksa esa ,ybZMh ykbfVax gh yxkbZ tk jgh gSA
ekStwnk 'kk[kkvksa esa miyCèk ykbZV dks pj.kc) rjhds ls cnyk tk jgk gSAorZeku esa 158 'kk[kkvksa@dk;kZy;ksa esa ,ybZMh ykbZV miyCèk djkbZ xbZ gSA
bafM;u cSad ds d‚ikZsjsV dk;kZy; ds cslesaV esa fLFkr lhost VªhVesaV IykaVesa çfrfnu 20]000 yhVj mipkfjr ty ,df=r gksrk gS] tks nSfud fd,tkus okys dk;ksZa ds fy, mi;ksx fd;k tkrk gSA
iwjs ns'k esa cSad dh lHkh 'kk[kkvksa esa o"kkZ ty lap;u ç.kkyh dks dk;kZfUorfd;k x;k gSA
'kk[kkvksa vkSj dk;kZy;ksa esa le;≤ ij ,utÊ vkfMV vk;ksftr dhtkrh gSaA
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o"kZ ds nkSjku 1803 'kk[kkvksa esa tksf[ke vk/kkfjr ys[kkijh{kk dh xbZ gSAlwpuk iz.kkyh ys[kk ijh{kk }kjk 1796 'kk[kkvksa vkSj 1273 ,Vh,e dks dojfd;k x;kA
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tksf[ke vk/kkfjr laxkeh ys[kk ijh{kk 01-04-2013 ls tkjh gSA
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fy, 10 djksM+ vkSj mlls vf/kd ds O;kikj ,Dliks'kjokyh 1930'kk[kkvksa dks doj djusokyh jktLo ys[kkijh{kk dh xbZA
leh{kk o"kZ ds nkSjku 38 vapyksa dh izca/ku ys[kkijh{kk dh xbZ vkSjvuqikyu gsrq dkjZokbZ vkjEHk dh xbZA
leh{kk dh vof/k esa lwpuk ,oa lalwpuk izkS|ksfxdh ¼vkbZlhVh½ esa vk/kkjHkwrlajpuk dh lwpuk iz.kkyh ¼vkbZ,l½ & lhch,l vfIyds'ku lwV] MsVk lsaVjo lhch,l ifj;kstuk dk;kZy; dh ys[kkijh{kk Hkh ckgjh QeZ }kjk dh xbZA
laxkeh ys[kk ijh{kk ç.kkyh dh n{krk dks c<kus vkSj laxkeh ys[kkijh{kkfjiksVZ dh xq.koÙkk esa lq/kkj ykus ds fy, lHkh vapyksa dks doj djrs gq,
,ybZMh ySai
vU; gfjr igysa
vkarfjd fu;a=.k
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laxkeh ys[kk ijh{kdksa dh leh{kk cSBdsa vk;ksftr dh xbZA laxkeh ys[kkijh{kdksa dks lhch,l rFkk cSad ds vU; flLVeksa ls vkSj vfèkd ifjfprdjkus ds fy, fofHkUu dsUæksa ij t‚c Vªsfuax dk;ZØe vk;ksftr fd, x,A
nSfud vkèkkj ij lqèkkjkRed dkjZokbZ gsrq 'kk[kkvksa dks lqxzkgh cukus ds fy,cSad ds d‚iksZjsV dk;kZy; ,oa vapy dk;kZy;ksa esa f}Lrjh; :i lsvkWQlkbV fuxjkuh dk;ZØe pyk, x,A
fujh{kdksa dks vkèkqfudre xfrfof/k;ksa ls voxr djkus vkSj muds fjiksfVaZxdkS'ky dks lqèkkjus gsrq vyx dk;ZØe vk;ksftr fd, x,A
lqO;ofLFkr la'kksèkuksa ds fy, èkks[kkèkM+h] lekfo"V igpku] oxÊdj.k]fjiksfVZax] tkap] ekuhVfjax rFkk vuqorÊ dkjZokbZ] laoj.k] èkks[kkèkM+h dhjksdFkke ds fy, fuxjkuh] udyh MsVk dk ,d=hdj.k rFkk MsVk fo'ys"k.kls lacfUèkr lHkh xfrfofèk;ksa dks lefUor djus dh çeq[k ft+Eesnkjh ds lkFkfujh{k.k foHkkx ds varxZr èkks[kkèkM+h fojksèkh d{k dk;Zjr gSA
cSad dh vuqikyu uhfr cksMZ }kjk fofèkor vuqeksfnr dh xbZ gSA Hkkjrh;fjt+oZ cSad ds fn'kkfunsZ'kksa ds vuqlkj cSad esa mi egkizca/kd ds usr`Ro esa ,dLora= vuqikyu foHkkx LFkkfir fd;k x;k gSA ;g foHkkx cSad ds dk;ksZa dksvf/k'kkflr djusokys fofHkUu lkafof/kd ,oa fofu;ked fn'kkfunsZ'kksa dsvuqikyu dh fuxjkuh djrk gS] ;Fkk %
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ifji=ksa] eSuqvyksa ds tfj, tkjh cSad dh vkarfjd uhfr;ka] vkpj.k dksM]fn'kkfunsZ'k vkfnA
cSad ds lrdZrk ç'kklu gsrq lrdZrk foHkkx mrjnk;h gSA lrdZrk ç'kkluij] foHkkx dsUæh; lrdZrk vk;ksx ¼lhchlh½ }kjk funsf'kr fd;k tkrk gSrFkk lhohlh ds lkFk ijke'kZ djus ds fy, laidZ ds ,dy LFkku dh HkwfedkfuHkkrk gSA
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Solar power is being implemented in all the Bank's own
premises, wherever it is technically feasible and this is
expected to reduce the annual overall expenditure on
energy consumption by about 4-5 per cent.
Bank is in transition stage in adopting new technological
products in the illumination systems by furnishing the
interior lighting systems with new LED lamps.
All the new branches furnished are being illuminated with
LED lighting only.
Lighting provided in existing branches is being altered in a
phased manner. Presently 158 Branches/Offices are
provided with LED lighting.
The Sewage Treatment Plant housed at the basement of
the Bank's Corporate Office generates 20,000 litres of
treated water per day, which is utilised for daily usages.
Rainwater Harvesting System has been implemented in
all the Bank's Buildings across the country.
Energy Audits are conducted for branches & offices
periodically.
Air-conditioners installed at branches and offices are
provided with timers for auto-cut-off to reduce energy
consumption. Installation of harmonic filters and the usage
of star rated electrical appliances have considerably
reduced the consumption of electricity.
During the year, Risk Based Internal Audit (RBIA) was
carried out in 1803 branches. Information system Audit
covered 1796 branches and 1273ATMs during the year.
530 branches were covered under concurrent audit,
covering 62.62 per cent of total domestic deposits and
71.19 per cent of domestic advances as on 31.03.2016.
Overall, 66.17 per cent of domestic business was covered
under ConcurrentAudit.
Risk Based ConcurrentAudit is in vogue from 01.04.2013.
Revenue Audit covering 1930 branches with business
exposure of 10 crore and above was carried out to
identify leakage of income if any, in addition to RBIA
and ConcurrentAudit.
Management Audit of 38 Zonal Offices was conducted
during the year under review and follow up action initiated
for compliance.
Information Systems (IS) Audit of information
& Communication Technology (ICT) infrastructure - CBS
application suite, data centre and CBS project office was
carried out by an external audit firm during the period of
review.
Meetings with Concurrent auditors were conducted in all
the Zones to tone up the efficiency of concurrent audit
LED Lamps:
Other Green Initiatives
INTERNAL CONTROLS
`
system and for improving the quality of concurrent audit
reports. On the job training programmes were conducted
at various centres to Concurrent auditors to make them
more familiar with the CBS and other systems of the Bank.
Offsite monitoring activities were carried out in the Bank
on a two tier setup at Corporate Office and Zonal Offices to
sensitize the Branches for corrective action on a daily
basis.
Separate programme for inspectors was conducted
during the year to make them familiar with the latest
developments and to improve their reporting skills.
The Anti Fraud Cell is functioning under Inspection
Department with the predominant responsibility of co-
ordinating all activities related to fraud, comprising
identification, classification, reporting, investigation,
monitoring and follow-up, closure, surveillance for fraud
prevention, pooling of fraud data and analysis of the data
for systemic improvements.
The Bank's Compliance Policy has been duly approved by
the Board. In accordance with the Reserve Bank of India
guidelines, an independent Compliance Department
headed by a Deputy General Manager has been set up in
the Bank. The Department monitors adherence to various
statutory and regulatory guidelines governing the Bank's
functioning such as:
Various legislations such as Banking Regulation Act,
Reserve Bank of India Act, Foreign Exchange
Management Act, Prevention of Money Laundering Act
etc.
Regulatory guidelines issued by Reserve Bank of India,
Securities and Exchange Board of India, Insurance
Regulatory and DevelopmentAgency etc.
Voluntary standards and codes prescribed by industry
associations such as Indian Banks' Association, Foreign
Exchange Dealers' Association of India, Fixed Income
Money Market DealersAssociation etc.
Bank's internal policies, codes of conduct, guidelines etc.
issued by way of Circulars, Manuals etc.
Vigilance department is responsible for vigilance
administration of the Bank. The department is guided by
Central Vigilance Commission (CVC) guidelines on
Vigilance administration and is the single point of contact
for consultations with CVC.
The department is headed by Chief Vigilance Officer
(CVO) who is appointed to the post by Government of
India on the recommendations of Central Vigilance
COMPLIANCE:
VIGILANCE
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69
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fd;k tkrk gSA
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lHkh 'kk[kkvksa ds loZj d{k esa Lopkfyr vfXu'keu ;a= yxk, x, gSaA eqæk
frtksjh ij ck;kseSfVªd ,Dlsl daVªksy flLVe yxk;k x;k gSA lHkh u,
,Vh,e tehu ls tqM+s gq, gSaA
cSad dh laifÙk dh lqj{kk ds fy, udn foçs"k.k ds nkSjku laifÙk lqj{kk
ekudksa dh vuqikyuk dh xbZ o çfØ;kRed lqj{kk pkSdlh dks viuk;k
x;kA
lqj{kk vfèkdkfj;ksa dh ,d Vhe ds }kjk 'kk[kkvksa@eqæk frtksfj;ksa dk
fu;fer fujh{k.k fd;k tkrk gSaA çfrdwy ?kVukvksa dh jksdFkke ds mís';
ls fujh{k.k ds nkSjku ikbZ xbZa folaxfr;ksa@dfe;ksa dks nwj dj
'kk[kk@,Vh,e igyqvksa dks etcwr cuk;k tkrk gSA
çR;sd o"kZ lqj{kk vfèkdkfj;ksa gsrq ,d okf"kZd çf'k{k.k vk;ksftr fd;k tkrk
gS] ftlesa vfèkdkfj;ksa dks uohure rduhdh çxfr dks vius cSad esa
dk;kZfUor djus ds lacaèk esa v|ru fd;k tkrk gSA çR;sd o"kZ] l'kL= xkMksZa
ds fy, ykbo Qk;fjax çsfDVl o Qk;j Q+kbZfVax Vªsfuax vk;ksftr dh tkrh
gSA
LVkQ lnL;ksa ds chp lqj{kk esa lacaf/kr tkx#drk iSnk djus ds fy, gsYi
MsLd ij orZeku lqj{kk ekgkSy ,oa fufgr [krjksa ls fuiVus ds mik;ksa ij
izdk'k Mkyk x;k gS ftldh vksj LVkQ lnL;ksa dk /;ku vkdf"kZr gks ldsA
lkFk gh lkFk 'kk[kk izca/kdksa@vapy izca/kdksa ,oa f}rh; deku rFkk lqj{kk
vf/kdkfj;ksa dks Hkh ;g lans'k nksgjk;k tkrk gSA
jkT; Lrjh; ,oa ftyk Lrjh; lqj{kk lfefr ,oa vU; lkafof/kd cSBdksa esa
eq[; :i ls ppkZ fd, x, eqn~ns lacaf/kr vapy dk;kZy;ksa dks fn, tkrs gSa
vkSj bldk vuqikyu lqfuf'pr fd;k tkrk gSA
cSad jktHkk"kk vf/kfu;e] 1963 rFkk jktHkk"kk fu;e] 1976 ds vk/kkj ij
jktHkk"kk dk lfØ;rkiwoZd dk;kZUo;u dj jgk gSA jktHkk"kk dk
dk;kZUo;u x`g ea=ky;] Hkkjr ljdkj }kjk tkjh fd, tkus okys okf"kZd
dk;ZØe rFkk le;≤ ij for ea=ky; }kjk tkjh fd, tkus okys
fn'kkfunsZ'kksa ds vuqlkj fd;k tkrk gSA
vke turk ds fy, ^^vkidk viuk cSad^^ gksus ds cSad ds mn~ns'; dks /;ku
esa j[krs gq, lhch,l rFkk ,Vh,e ifjpkyuksa esa fgUnh dh lqfo/kk dk
izko/kku fd;k x;k gSA
fgUnh esa gkse ist ds lkFk&lkFk fgUnh osclkbV miyC/k gSA cSad ds
baVªkusV] ftlds ek/;e ls laiw.kZ bafM;u cSad dh Vhe rd uhfr;ka] mRikn
vkSj fofHkUu izxfr;ksa dh lwpuk igqapk;h tkrh gS] esa i`Fke fgUnh [kaM
miyC/k djk;k x;k gSA
jktHkk"kk dk dk;kZUo;u
70
Commission. CVO is the nodal Officer to liaise with
RBI / CBI in respect of frauds.
All officers of the rank ofAsst General Manager and above
come within the jurisdiction of CVC in the matter of
disciplinary proceedings. CVO tenders advice as to the
nature of disciplinary proceedings and punishment in
respect of vigilance disciplinary proceedings involving
Officers below the rank of Assistant General Managers
and all award-staff employees. CVO ensures that advices
tendered by CVC in respect of officers of the rank of
Assistant General Managers and above are duly
considered for compliance by the Bank.
The department is functioning in a proactive manner,
focused on increasing the fraud deterrence quotient within
the Bank and disposing of all vigilance disciplinary cases
in line with the Central Vigilance Commission's time norms
and guidelines.
Investigations of complaints and frauds are undertaken
through vigilance officers located in the various Zonal
offices of the bank. Analysis of frauds is undertaken at
corporate office by Anti-Fraud Cell functioning under
Inspection Dept.
Vigilance Awareness Week was observed from
27 October 2015 to 31 October 2015. As per the advice
of CVC, outreach activities were organised in 8 centres
namely Chennai, Coimbatore, Guntur, Madurai,
Puduchery, Salem, Tiruchirapalli, and Tirunelveli.
Debates, panel discussions, elocution and essay
competitions were organised in select colleges and
schools (for students of class IX & above) in the allotted
centres. Various topics relating to corruption and its ill
effects, importance of morals and values, honesty and
integrity, ethics, transparency in governance and how
youth can participate in the fight against corruption and
such related issues were topics for these outreach
activities.
Three exclusive in-house training programs were held for
the Presenting Officers/Inquiring Authorities, Vigilance
Officers and DisciplinaryAuthorities during the year.
Security mechanisms of the Bank are well established to
supplement the Operational Risk Management Systems.
Precautions and Prevention is the prime core around
which Security guidelines are formulated.
Bank has a healthy mix of modern Security Systems viz.,
Burglar and Fire Alarm Systems with Auto Dialer, Fire
Extinguishers, and CCTV Systems with high resolution
(IR) cameras in consonance with current requirement is
provided to all branches andATMs.
th st
SECURITY
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Automatic Fire Extinguishers are installed in all server
rooms of branches. Biometric Access Control System is
installed in Currency Chests. All Currency Chests are
provided with Bank's Armed Guards. All new ATMs are
grouted.
Adhered to Asset protection measures and followed
procedural safe guards during cash remittances for safety
of Bank's assets.
Regular inspection of Branches / Currency Chests is
carried out by a team of Security Officers. Deficiencies /
Shortcomings observed during the inspection are followed
for rectification to strengthen the security aspects of the
Branch / ATM with the objective of preventing untoward
incidents.
Annual Training of Security Officers is carried out every
year where the officers are updated with the latest
technological advancement for implementing the same in
our Bank. Live firing practice and fire fighting training is
conducted for armed guards, every year.
To enhance security awareness amongst staff members,
topics highlighting current security scenario with
precautionary measures to overcome inherent threats are
ported on CBS Help Desk to catch the attention of the staff
members and customised Short Message Service (SMS)
are sent to Branch Managers, Zonal Managers, Second-
in-Command and Zonal Security Officers reiterating the
same.
Security aspects highlighted during State Level, District
Level Standing Security Committee meetings and other
statutory meetings are disseminated to respective Zones
and Compliance ensured.
Bank is actively implementing Official Language based on
the Official Language Act, 1963 and the Official Language
Rules, 1976. Official Language is implemented as per the
Annual Programme issued by the Ministry of HomeAffairs,
Government of India and the guidelines issued from time
to time by the Ministry of Finance and Reserve Bank of
India.
In keeping with the Bank's objective of being "Your Own
Bank" to the common man, the facility of Hindi in CBS and
in ATM operations has been provided to cater to the
common man.
Bank's Home Page as well as its Website is available
in Hindi. Bank's intranet, through which all the
policies, products and developments in the Bank
reach the entire Indian Bank team, has a separate Hindi
Section.
IMPLEMENTATION OF OFFICIAL LANGUAGE
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foi.ku ds fy, vkSj ,ihokbZ] ih,etsMhokbZ vkfn ljdkj }kjk izk;ksftr
;kstukvksa ds laca/k esa tu lkekU; ds chp izpkj djus ds fy, cSad ls
,l,e,l lans'k] fgUnh ,oa LFkkuh; Hkk"kkvksa esa Hksts tkrs gSaA cSad ds lHkh
dEI;wVjksa esa fgUnh esa oMZ izkslflax rFkk ;wfudksM ds iz;ksx ls fgUnh esa dke
djus dh lqfo/kk miyC/k gSA
dk;Z'kkykvksa ds ek/;e ls LVkQ lnL;ksa dks fgUnh dk izf'k{k.k fnykus ijcSad }kjk fo'ks"k tksj fn;k tkuk tkjh jgkA fofHkUu vapy dk;kZy;ksa esa HkhfgUnh dk;Z'kkyk,a vk;ksftr dh xbZA bl vof/k ds nkSjku dqy feykdjns'k Hkj esa gekjs cSad us 60 dk;Z'kkyk,¡ vk;ksftr dhaA
jktHkk"kk d{k us lQy :i ls cSad dk nkSjk djusokys fofHkUu lalnh;lfefr;ksa dk leUo;u fd;k gSA
cSad ds fofHkUu vapyksa dks jktHkk"kk ds dk;kZUo;u esa mRre dke ds fy,LFkkuh; uxj jktHkk"kk dk;kZUo;u lfefr;ksa us iqjLd`r fd;k gSA
vVy isa'ku ;kstuk ¼,ihokbZ½% cSad us ,d yk[k ls Hkh vf/kd ,ihokbZ xzkgdtksMs ftlds tfj, cSad dks 1-30 djksM+ #i, dk deh'ku izkIr gqvkA
cSad us foRrh; o"kZ 2015&16 ds nkSjku 3J`a[kykvksa ¼fd'rksa½ ds tfj, #i, 131-39 djksM+ laxzfgr fd, gSaA
ik¡baV vkQ lsy ¼ihvks,l½% cSad vksih ,Dl ekWMy ds lkFk esllZ ,evkj,yikslusV izkbosV fyfeVsM ds lkFk tB&tksM djrs gq, 31-12-2015 lsihvks,l dkjksckj dh vksj vxzlj gqvk gSA xzkgdksa dh vko';drkuqlkjuhps fn, x, ekWMy O;kikfj;ksa dks iznku fd;k tk jgk gS&
fMftVy ihvks,l VfeZuy ¼gfjr igy & ok;jysl] fizaVj dsfcuk½
gkFkksa esa j[kdj mi;ksx fd, tkus okys ihvks,l VfeZuy¼ok;jysl fizaVj½
MsLd VkWi ihvks,l VfeZuy ¼ok;j ls tqMs gq, ,oa fizaVj;qDr½
,eihvks,l VfeZuy ¼'kh?kz gh vk jgk gS½
gekjs 26 vapyksa esa tqykbZ ,oa vkxLr 2015 ,oa tuojh 2016 ds nkSjkuisa'ku vnkyr pyk, x,A
cSad ds vU; igysa
Lo.kZ ck¡.M
thihvkj,l ih vks,l VfeZuy
ih,lVh,u ihvks,l VfeZuy ¼ok;j ,oa fizaVj ;qDr½
:lkoZHk©fed
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gekjs cSad ds ikl 87 flDdk fMLisuflax e'khu gS ftuesa 7 e'khu2015&16 ds nkSjku yxk, x,A cSad dks QVsiqjkus uksVksa] ds fofue;]lhch,l rFkk ch,u, baLVky djus bR;kfn ds fy, Hkkjrh; fjt+oZ cSad ls265-45 yk[k #i, izksRlkgu ds :i esa izkIr gq,A
o"kZ ds nkSjku fofHkUu txgksa ij 70 QVs iqjkus uksVksa ds fofue; esysvk;ksftr fd, x,A bl nkSjku 1-53 djksM+ #i, rFkk 1-55 djksM+ #i, dsflDdksa dk fofue;@forj.k fd;k x;kA
72
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SMS messages for disseminating information tocustomers for marketing and on the various governmentssponsored schemes like APY, PMJDY etc are being sentin Hindi along with vernacular languages. All thecomputers of the Bank have the facility of word processingin Hindi and to work in Hindi by using Unicode.
Special emphasis is continuously being laid by the Bank totrain the staff members in Hindi through workshops. Hindiworkshops have also been organised by Zonal Offices.Bank had organised 60 workshops in the country duringthis period.
Visits of various Parliamentary Committees to the Bankhave been successfully coordinated by Official LanguageCell.
Various Zones of the Bank have received prizes from theTown Official Language Implementation Committees oftheir area for their contribution to “Hindi” implementation.
Atal Pension Yojana (APY): Bank sourced more than one
lakh APY subscribers and was thereby entitled for a
commission of 1.30 crore.
Bank has made a collection to
the tune of 131.39 crore in the 3 tranches during
FY 2015-16.
Point of Sale (PoS): Bank has entered into PoS acquiring
business by engaging M/s MRL Posnet Pvt Ltd, under
OPEX model with effect from 31.12.2015. The following
types of terminals are provided to the merchants based on
their need:
Digital POS Terminals (green initiative-wireless
without printer)
Hand held POS Terminals (wireless with printer)
Desktop POS Terminals (wired with printer)
MPOS Terminals (to be launched shortly)
Pension Adalats were conducted in 26 Zones in the
months of July 2015, August 2015 and January 2016.
OTHER INITIATIVES BY THE BANK
Sovereign Gold Bonds:
GPRS POS Terminals:
PSTN POS Terminals (wired with printer)
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Bank is having 87 Coin Vending Machines, of which7 were installed during the year 2015-16. Bank hasreceived incentives from RBI to the tune of 265.45 lakhson Exchange of soiled notes, installation of CVMs andBNAs.
During the year, 70 Soiled Note Exchange Melas wereconducted in various places. Notes to the tune of
1.53 crores and Coins to the tune of 1.55 crores wereexchanged / distributed.
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cSad dks o"kZ 2015&16 ds nkSjku xqtjkr ,oa e/;izns'k jkT;ksa esa lh,lhVh@ oh,Vh olwy djus ds fy, izkf/kÑr fd;k x;k gS rFkk izkf/kÑr 'kk[kkvksdh la[;k 452 ls c<+dj 462 gks xbZ gSA
o"kZ ds nkSjku 2452 lqdU;k le`f) [kkrs [kksys x, ,oa bu [kkrksa esa 686-67yk[k #i, dk lekgj.k fd;k x;kA
cSad ds lHkh,Vh,e ifjljksa ,oa cSad ds psUuS lsUVªy jsyos LVs'ku esa fLFkr ,Vh,e esafMftVy foKkiu iznf'kZr fd, gSA
cSad us ekpZ 2016 ds nkSjku **baMdqVqac** dh ,d vkarfjd ¼canlewg½ Qslcqdxzwi dk 'kqHkkjaHk fd;k gS] ftldk nksgjk mn~ns'; cSad ds LVkQ lnL;ksa dks,d vkSj vkf/kdkfjd varjkZ"Vªh; lapkj ek/;e miyC/k djkuk gS rkfd osvius {ks= Lrj ds vuqHkoksa dks blds ek/;e ls ck¡V ldsa vkSj ,d&nwljs dksle> ldsa rFkk ;g cSad }kjk lksf'k;y ehfM;k IysVQkeZ ij cSad dsvkf/kdkfjd 'kqHkkjaHk dh iwoZihfBdk cu ldsA
x`g _.kksa ds fy, yhM tujsV djus ,oa R;ksgkj vkWQjksa @ QsfLVosy x`g_.k vkWQjksa dks izeksV djus ,oa yhM tujsV djus ds fy, cSad us viusvki esa ,d vuks[kk yhM tujs'ku dSaisu ukedHkkjr dh vxz.kh MkVk csl ,oa lpZ daiuh dh osc lkbV ij gSA 45 fnoldk ;g vfHk;ku] ftldk osclkbV ij cSuj ds tfj, foKkiu fn;k x;kFkk] bls bZ&esy@Qksu ds tfj, 13 yk[k mi;ksx drkZvksa rd igq¡pk;k x;kgSA blds t+fj, yxHkx 1650 yksxksa us iwN&rkN dh vkSj bues ls yxHkx31 djksM+ #i, ds dkjksckj {kerk dk vkWdyu fd;k x;k gSA
rfeyukMq dh vxz.kh ,Q,e jsfM;ksa lw;kZ ,Q,e 93-5 pSusy ds ek/;e lsR;ksgkj ds le; ds vkWQjksa] x`g _.k vkSj okgu _.k ds fy,vDrwcj&uoacj 2015 ds nkSjku 3 fnolh; foKkiu vfHk;ku pyk;k x;kA
o"kZ 2015&16 ds nkSjku cSad us fofHkUu xfrfof/k;ksa ds tfj, vius mRiknksa]miyfC/k;ksa ,oa dY;k.kdkjh mik;ksa dks lkekU; turk rd igq¡pkus ij
/;ku dsfUnzr fd;kA
foi.ku
fMftVy igy ,oa fMftVy pSyuksa dh vksj izLFkkuA
dkWiksZjsV laizs"k.k foHkkx
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www.99acres.com
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cSad us viuk VSxykbu cny dj u;k VSxykbu &^ vkidk viuk cSad^fd;k
vius mRiknksa dks yk¡p djrs le; rFkk foRrh; @ ifj.kkeksa ds ?kks"k.kk dsnkSjku ,oa izeq[k cSBdksa ,oa vk;kstuksa ds nkSjku cSad us i=&if=dkvksa esa dbZlaikndh; dojst vk;ksftr fd,A
o`{kkjksi.k ¼Mªkbo½ ds nkSjku bduksfed VkbEl] VkbEl vkWQ bafM;k]fcftusl LVSUMMZ] QkbusfUl;y ,DLizsl] fgUnqLrku VkbEl] U;w bafM;u,DLizsl] Msyh rUnh] jktLFkku if=dk] yksder] fnueuh bR;kfn i=ksa }kjkcSad dk foLr`r dojst fd;k x;kA fnlacj 2015 ds nkSjku psUuS esa vkbZ ck<+ds nkSjku fcuk fdlh #dkoV ds cSad }kjk iznku fd, x, lsokvksa ejhukchp esa pyk, x, LoPNHkkjr vfHk;ku] vf[ky Hkkjrh; Lrj ij vk;ksftrfd, x, jDr ,oa vax nku rFkk 109 oha LFkkiuk fnol lekjskg dk Hkh bulekpkj i=ksa dojst fd;k x;kA
ck<+ ds nkSjku cSad us lapkj ehfM;k ds ek/;e ls turk rd igq¡pus dsfo'ks"k iz;kl fd,A
cSad us vius rduhdh mRiknksa] tSls baM is] bZilZ] feLM dky lqfo/kk] vkbZchoh dysDV] vkbZch LekVZ fjeksV rFkk vkb,eih,l bR;kfn dk foi.kufofHkUu ek/;eksa ds tfj, ,d lkFk nf{k.k ds ik¡p jkT;ksa esa fd;kA fizaVehfM;k ds tjf, dqN egkuxjksa ,oa egkuxjksa ds 'kgjksa esa Hkkjr esa izfl)osclkbVksa ds tfj, ,oa ,Q,e jsfM;ksa ds tfj, lQyrk iwoZd foKkiuf'kfoj pyk;k x;kA
,d ftEesnkj dkWiksZjsV dh gSfl;r ls cSad us turkrd fofHkUu ;kstukvksa ds tfj, igq¡pus dh dksf'k'k dh gSA
LoLFk Hkkjr fuekZ.k & 'kadj us=ky;] psUuS ds fy, dulyfVax dejksadk fuekZ.k fd;k x;kA
gtkjhckx esa fLFkr tksgj gsYFk esfMdy vkxZuk;ts'ku ds fy, cSad usoS| midj.k ;qDr esfMdy okgu HksaV fd;k gSA
fLdy bafM;k % ;qodksa ds dkS'ky dks c<+kus ds fy, dk;Zjr fot;okM+kdh Lo.kZ Hkkjr VªLV dks ;qodksa dks dkS'kyrk iznku djus ds fy,lgk;rk iznRr dh xbZA
csVh cpkvks & ySafxd lekurk ds fn'kk esa ;ksxnku & ikWiqys'ku QLVykMyh
t:jreanks ,oa lhekarj
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Bank has been authorised to collect CST / VAT for the
States of Gujarat and Madhya Pradesh during the
Financial Year 2015-16 and number of authorised
branches have gone up from 452 to 462.
2452 Sukanya Samridhi accounts were opened
during the year and the amount collected was
686.67 lakhs.
Digital advertisement board is placed at ATM premises
located in Chennai Central railway station.
A closed Facebook group, namely “Ind Kutumb” has been
launched during March 2016 with the twin objective of
providing another official channel of internal
communication to the Bank's employees to share their
field experiences and learn from each other and establish
a prelude to the Official launch of Bank on Social Media
platforms.
A first-of-its-kind lead generation campaign for Home
Loan was centrally conducted on www.99acres.com, a
leading real estate search and database company in India
to promote our Festive Home Loan Offers. This 45-day
campaign, which was executed via banner ad on website,
direct emailers and calls to a curated list of interested
customers (as offered by 99acres), reached over 13 lakh
users. It elicited over 1650 enquiries, out of which a
potential business of 31 crore is expected.
Suryan FM: A 3-day advertisement campaign was run on
Suryan FM 93.5 FM, the leading FM radio channel in
Tamilnadu, for promoting the festive offers under Home
Loan and Vehicle Loan during October - November 2015.
During 2015-16, Bank focused on various activities to
reach out the customers with the Bank's products,
achievements and welfare for the general public.
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MARKETING
Digital Initiatives and Migration into Digital Channels:
CORPORATE COMMUNICATION
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Bank changed its Tagline to a new Tagline – YOUR OWN
BANK
Bank organised several editorial coverage on various
occasions of Product Launch, Financial Results, and
Important Meets/ events.
Bank had been widely covered by Economic Times, Times
of India, Business Standard, Financial Express,
Hindustan Times, New Indian Express, Daily Thanthi,
Rajasthan Patrika, Lokmat, Dina Mani etc during
plantation drive, uninterrupted banking services during the
flood situation at Chennai in December 2015, Swachh
Bharat abhbiyan at Marina Beach, Pan-India
Blood/ Organ Donation Camps and 109 Foundation Day
Celebration.
During the floods, Bank made special efforts to reach out
the masses through mass media.
Bank ran successful advertisement campaign covering
different media vehicles to improve visibility of the Tech
products like IndPay, e-purse, missed call facility,
IB V Collect, IB Smart Remote and IMPS simultaneously
through Print Media in 5 Southern States, FM in select
Metro and Class-A cities and Top Brand websites
pan-India.
Bank as a responsible Corporate Citizen worked to reach
out to the needy and marginalised population through
various contributions :-
Swasth Bharat: Construction of consultation rooms
for Sankar Nethralaya, Chennai.
Bank contributed equipped Medical Van for Johar
Health Medical Organization to be operated in
Hazaribagh
Skill India: - Supported building and running Swarna
Bharat Trust at Vijaywada for skill building of youth.
Beti Bachao: - Contribution towards gender equality
issue by Population First – Laadli.
th
75
dkWiksZjsV lkekftd mRrjnkf;Ro
lh,lvkj xfrfof/k;ksa ds fy, cSad dh lajpuk
tuojh
xkss xzhu igy
xkss xzhu ns'kHkj esa 1-20 yk[k o`{kkjksi.k
x.kra= fnol
çfu ,oa eqdkv us xks xzhu iqfLrdk dk foekspu fd;k
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cSad dh dkiksZjsV lkekftd mRrjnkf;Ro cSafdax {ks= ls vkxs c<dj uSfrdewY;ksa ds lEeku] Ik;kZoj.k ,oa leqnk;ksa rFkk tu lEeku dh fn'kk esa Hkhvxzlj gqbZA
Hkkjr ds ukxfjdksa dh lsok ds fy, ,d l'kDr dkWiksZjsV gksus ds ukrs] cSadlekt ds fy, fofHkUu igy pyk jgk gSA ekuork dh xoZe;h lsok]yksxksa ds fny dks Nw tkus] ldkjkRed cnyko ykus dh fn'kk esa vxzlj gksusds ukrs cSad dks gky gh esa dbZ iz'kfLr;k¡ izkIr gqbZ gSA
cSad us ukxfjdksa dh lsok esa ges'kk rRijrk fn[kykus okyh ,d vf/kdkjh dhigpku dh gS vkSj mUgsa pSafi;u cuk;k gSA
lh,lvkj dh vksj fn[kkbZ tkus okyh rRijrk] ;ksX;rk ,oa joS;k dsvuq:Ik lh,lvkj ds Lo;a lsodksa dk pquko *best* }kjk fd;k tkrkgSA
83 Lo;a lsodksa ds fy, nks fnolh; lh,lvkj dk;Z'kkyk dkvk;kstu best esa ¼uoacj 30 ls fnlacj 01] 2015½ rd fd;k x;kA
dk;Z'kkykvksa ds nkSjku izf'k{kkfFkZ;ksa dks Dykl:e ,oa {ks= Lrj dk,Dlikstj iznku fd;k tkrk gS rFkk o`fn~/k lnuksa@vukFkky;ksa dknkSjk ,oa lQkbZ vfHk;ku Hkh yxkrkj v;ksftr fd, tkrs gSA ,sls270 izf'k{kkfFkZ;ksa dks lh,lvkj fØ;kdykiksa dk ,Dikstj fn;k x;k A
cSad }kjk yh xbZ lh,lvkj igy
8 2016
2016
�
�
�
�
vf[ky Hkkjrh; jDr nku ,oa LoLF; ,oa us= psdvi f'kfojksa dk
vk;kstu %
Ekuuh; iz/kkuea=h th }kjk 02 vDrwcj 2014 dks 'k: fd, x, LoPN Hkkjr
vfHk;ku dks fu"Bk ds lkFk c<kus gq, Vhe bafM;u cSad us bl fe'ku esa cMs
mRlkg ds lkFk Hkkx fy;kA izca/k funs'kd ,oa eq[; dk;Zikyd vf/kdkjh
ds usr`Ro esa ejhuk chp] psUuS esa izdk'k LraHk {ks= dh lQkbZ dh xbZA
Ckfydk fo|ky;ksa esa LoPN fo|ky; vfHk;ku% ds rgr 108 'kkSpky;ksa dk
fuekZ.k fd;k x;kA
fnO;k % bafM;u cSad us bl ckfydk dks o"kZ 2012 esa xksnfy;k vkSj cSad dh
ns[k&js[k esa uflZax dkslZ i<+ jgh gSA
.
fooj.k f'kfojksa dh la[;k nkunkrk@
ykHkkFkÊ
102 4346
137 21157
- 2433
- 740
jä nku
LokLF; f'kfoj
us=@vax nku
vU; xfrfofèk;ka
76
CORPORATE SOCIAL RESPONSIBILITY
Bank's structure for CSRActivities
8 January 2016
Go Green Initiative
Pan-India Plantation of over 1.20 Lakh saplings
Republic Day 2016
MD & CEO released CSR Booklet and Go Green booklet
Corporate Social Responsibility (CSR) initiatives of the
Bank extend beyond banking and lead it to honour ethical
values and respect people, communities and the natural
environment.
As a strong corporate, the Bank is taking up various
initiatives for the benefit of the society with the
commitment to serve the people of India. Proud of its
humanitarian services, the Bank has achieved many
accolades in recent past to touch many lives and bring in
positive change.
Bank had identified an Officer as Champion, based on
their flair for serving the citizens in their upliftment and
growth.
Based on the aptitude and attitude towards CSR, the
faculty of IMAGE identifies volunteers for CSR
activities.
2 days CSR workshop (November 30 - December 1,
2015) was conducted for 83 volunteers from various
states at IMAGE
Trainees are given classroom and field exposure
during the workshops, visits are organised to
orphanages/ old age homes. Conducted cleanliness
drive on an ongoing basis. 270 such trainees have
been exposed to such CSR activities
CSR initiatives taken by the Bank:
�
�
�
�
�
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Particulars No. of Camps Donors /
Beneficiaries
Blood Donations 102 4346
Health Camp 137 21157
Eye / organ Donation - 2433
Other activities - 740
Pan-India Blood Donation, Health and Eye Check-up
Camps through the Branches/ Zones
Swachh Bharat Abhiyan : Continuing the crusade of
Swachh Bharat Mission launched on October 2, 2014 by
the Hon'ble Prime Minister, Team Indian Bank joined the
mission with great enthusiasm. Team Indian Bank lead by
MD & CEO cleaned up Light House area in Marina Beach,
Chennai.
Swachh Vidyalaya Abhiyan : Construction of 108 Toilets
in Girls Schools.
Divya - Indian Bank adopted Daughter in the year 2012 is
now pursuing Nursing with the help of the Bank.
77
�
�
�
�
�
psUuS esa vkbZ ck<+
uksPphdqIie] psUuS esa eNqvkjksa ds xk¡o dks xksnysukA
cSad us Ldwyksa esa uksV iqfLrdkvksa ds forj.k dk vk;kstu fd;kA
viksyks vLirky ,oa dkosjh vLirky ds lg;ksx ls xk¡o esa LoLF;
tk¡p f'kfoj vk;ksftr fd, x,A
cSad us lkcqu] VwFkisLV] cz'k] ukfj;y dk rsy] ekphl] ePNj ds
dk;y ds vykok 800 Hkkstu ds iSdsV] 200 ikuh dh cksrysa 100
u,&pknj forfjr fd,A
:
78
�
�
�
�
�
.
Chennai Floods:
Adoption of Fishermen village - Nochikuppam,
Chennai.
Bank organised distribution of notebooks in School.
Health check-up camp was organised in the village in
association withApollo Hospital and Kaveri Hospital.
Bank distributed 800 food-packets, 200 water bottles,
100 new bed-sheets apart from soap, tooth-paste,
brush, coconut oil, match-box, mosquito coils etc
79
O;olk; mRrjnkf;Ro fjiksVZ & 2015&16
[k.M ,% daiuh dk lkekU; ifjp;
daiuh dh dkWiksZjsV igpku la[;k ykxw ugha
¼lhvkbZ,u½
daiuh dk uke bafM;u cSad
iathd`r irk jktkth lkyS] psUuS
osclkbV
fjiksVZ dk foRrh; o"kZ
daiuh ds O;kolkf;d {ks= cSafdax ,oa foRrh; lsok,a¼vkS|ksfxd xfrfof/k dksM&okj½
3 eq[; mRikn@lsok,¡ tks fuekZrk nsrk gS Tek mRikn] _.k mRikn ,oa izs"k.k vkfn¼rqyu i= ds vuqlkj½
LFkkuksa dh dqy la[;k tgka daiuh }kjk O;kikj
xfrfof/k;ka dh tkrh gSA
LFkkuksa dh dqy la[;k
jk"Vªh; dks 'kk[kk,¡
varjkZ"Vªh; flaxkiqj] dksyacksa ,oa tkQuk
daiuh }kjk ftu ckt+kjksa esa lsok iznku dh tkrh gS & jk"Vªh; ,oa varjk"Vªh; cktkj 27 jkT;ksa ,oa 6 la?k jkT; {ks=ksa esa cSad dhLFkkuh;@jkT;@jk"Vªh;@varjkZ"Vªh; 'kk[kk,a gS vkSj flaxkiqj ,oa Jhyadk esa cSad dh varjk"Vªh; mifLFkfr gSA
( )
1.
2.
3. 66, - 600 001
4. www.indianbank.in
5. Email [email protected]
6. 2015-16
7.
8.
9.
I. 31.03.2016 2562
II. 3
10.
[kaM ch daiuh ds foRrh; C;kSjs
iznRr iwath ¼Hkkjrh; #i;s½ djksM+
dqy dkjksckj ¼Hkk#½@jktLo djksM dqy dkjksckj
dj pqdkSrh ds ckn dqy ykHk ¼Hkk#½ djksM
dkWiksZjsV lkekftd nkf;Ro ¼lh,lvkj½ ij dj lkoZtfud {ks= ds cSadksa ds fy, lh,lvkj ij O;; vfuok;Z ugha gSA rFkkfi cSad uspqdkus ds ckn ykHk ds izfr'kr ds :i esa yk[k O;; fd;k gS Adqy O;;
yk[kksa esa
Øela Lh,lvkj xfrfof/k;k¡ fooj.k jkf'k
lekos'kh izxfr 'kadjk us=ky; esa ik¡p dulyVs'ku dejksa dk fuekZ.k
lekos'kh izxfr vf[ky Hkkjrh; Lrj ij jDr] vk¡[k] vo;oksads nku ,oa gsYFk f'kfojksa dk vk;kstu
lekos'kh izxfr ifCyd esfMdy oSu & rfeyukMq ljdkjeYVh lwij Lisf'k;kfyVh vLirky
lekos'kh izxfr dMywj fLFkr ckfydkvksa dh ikB'kkyk ds fy, nkgkxkj
lekos'kh izxfr tksVj gsYFk esabuVsusUl ds fy, eksckby esfMdy oSu
O;kolkf;d dkS'ky Li.kZ Hkkjr VªLV &fuekZ.k ,oa QuhZpjdks c<kuk
fyax lekurk ,oa tula[;k igys fuekZ.k ,oa QuhZpjefgyk l'kDrhdj.k
lekos'kh izxfr ,;jlsy psUuS vksiu Vsuhl VwukZesaV
xfrfof/k;ksa dh lwph ftlesa mDr ¼4½ ij mi;qZDrO;; gqvk gSA
:
295.84
1) 480.29
2) 3,10,917.98 ( )
3) 711.38
4)
( )
1. 75.00
2. 5.00
3. 7.09
4. 4.75
5. 25.00
6.
69.00
7. 10.00
8. 100.00
5)
`
`
`
`
80
Business Responsibility Report – 2015-16
SectionA: General Information about the Company
No of Locations
1. Corporate Identity Number: NotApplicable
(CIN) of the Company
2. Name of the Company Indian Bank
3. Registered Address 66, Rajaji Salai, Chennai 600 001
4. Website www.indianbank.in
5. Email [email protected]
6. Financial Year Reported 2015-16
7. Sectors that the Company is engaged in Banking & Financial Services(industrial activity code-wise)
8. List of 3 key products/services that the manufacturers Deposit Products, Loan Products and Remittances etc.provides (as in Balance Sheet)
9. Total number of locations where:
business activity takes is undertaken by the Company
I. National 2562 as on 31.03.2016
II. International 3 (Singapore, Colombo, Jaffna)
10.Markets served by the Bank has branches in 27 States and 6 Union Territories andCompany-Local/State/National/International International presence in Singapore and Sri Lanka.
Section B: Financial Details of the Company
1) Paid up Capital (INR) 480.29 crore
2) Total Turn Over (INR)/Revenue 3,10,917.98 crore (Total Business)
3) Total profitAfter Tax(INR) 711.38 crore
4) Total Spending on Corporate Social CSR spending is not mandatory for PSBs. However,Responsibility (CSR) as percentage Bank has spent 295.84 lakhsof Profit after Tax (%)
( in Lakhs)
Sl. No. CSR activity Particulars Amount
1. Inclusive Growth Construction of 5 consultation room – 75.00Sankara Nethralaya
2. Inclusive Growth Pan India – Blood, Eye, 5.00Organ Donation & Health Campus
3. Inclusive Growth Public Medical Van - Tamilnadu Govt. 7.09Multi Super Specialty Hospital
4. Inclusive Growth Incinerators to Girls School at Cuddalore 4.75
5. Inclusive Growth Mobile Medical Van to Johar Health 25.00Maintenance Organisation
6. Enhancing Swarna Bharat Trust – ConstructionVocational Skills and Furnitures 69.00
7. Gender Equality Population First – Ladli 10.00and WomenEmpowerment
8. Inclusive Growth Aircel Chennai Open Tennis Tournament 100.00
5) List of the activities in which expenditure As aboveon 4 above has been incurred
`
`
`
`
81
[kaM lh % vU; fooj.k
1.
2.
3.
D;k daiuh dh dksbZ vuq"kaxh daiuh@daifu;ka gS gk¡
,- baMcSad epsZaV cSafdax lfoZlst fyfeVsMA
ch- baMcSad gkmflax fyfeVsMA
D;k vuq"kafx;ka%
ewy daiuh dh chvkj igy dks dk;kZfUor djrh gS]
fn gk¡] rks ,slh vuq"kafx;ksa dh la[;k izLrqr djsaA
;k dksbZ vU; laLFkk@laLFkk,a ftuds lkFk daiuh O;kikj djrh gS] ugha
¼tSls iznk;d] forjd vkfn½ daiuh dh chvkj igys esa Hkkxhnkjh
fuHkkrs gSa \ ;fn gk¡] rks ;g n'kkZ,¡ fd ,slh laLFkkvksa dk izfr'kr
fdruk gS ¼30 izfr'kr ls de] 30 ls 60 izfr'kr ls vf/kd½
?
य
[kaM Mh chvkj tkudkjh
chvkj ds çfr mÙkjnk;h funs'kd @ funs'kdksa ds fooj.kA
chvkj uhfr@uhfr;ksa ds dk;kZUo;u ds fy, mÙkjnk;h funs'kd@funs'kdksa ds fooj.kA
chvkj çeq[k dk fooj.k fuEu çdkj gS
Øe la C;kSjk
:
II.
1
2
3
4 044 28134431
5 e-mail-id [email protected]
1.
I.
MhvkbZ,u la[;k
uke Jh vkj lqczef.k; dqekj
inuke dk;Zikyd funs'kd
fooj.k
MhvkbZ,u la ¼vxj ykxw gks rks½ ykxw ugha
uke Jh ,e dkfrZds;u
inuke egkizca/kd
VsyhQksu la[;k
�
�
baMcSad epsZaV cSafdax lfoZlst fyfeVsM dk fiNys rhu o"kksaZ dk ykHk]
CkMs+ iSekus ij fdlh lkekftd nkf;Ro dks viukus ds fy, i;kZIr ugha
FkkA
baMcSad gkmflax fyfeVsM vc dksbZ dk;Zdyki ugha dj jgk gSA
82
C: Other Details
1. Does the Company have any Subsidiary Company/ Yes
Companies a. Indbank Merchant Banking Services Ltd.
b. Indbank Housing Ltd
2. Do the subsidiaries implement :
BR initiatives of the parent company
If YES, then indicate the number of
such subsidiaries.
3. Do any other entity/ entities (e.g., suppliers, distributors No
etc.) that the Company does business with, participate
in the BR initiatives of the Company? If yes, then
indicate the percentage of such entity/ entities?
(Less than 30%, 30%-60%, more than 60%)
Section D: BR Information
1. Details of Director/ Directors responsible to BR
I. Details of the Director/ Directors responsible for implementation of the BR policy/policies
Details of the BR head – as below
DIN Number
Name Shri R Subramania Kumar
Designation Executive Director
II.
S. No Particulars Details
1 DIN No (if applicable) NA
2 Name Shri M Karthikeyan
3 Designation General Manager
4 Telephone No. 044 28134431
5 e-mail-id [email protected]
�
�
Net profit of Indbank Merchant Banking Services Ltd.
for the last 3 years was not sufficient to carry out any
social responsibility in large scale.
Indbank Housing Ltd is not doing any activity now.
83
2. fl)kar&okj ¼,uohth ds vuqlkj½ chvkj uhfr @uhfr;k¡ ¼ gk¡@ugha esa tokc nsa½
1
2
3
4
5
6
7
8
9
10
D;k vkids ikl buds fy, uhfr @ uhfr;ka gSa
D;k ;g uhfr@uhfr;k¡ lacfU/kr LVsd/kkjdksa
ls ijke'kZ ds ckn cukbZ xbZ gSa \
D;k ;g uhfr fdlh Hkh jk"Vªh; @ varjkZ"Vªh;
ekud ds vuq:i gS \ ;fn gk¡ ]rks ¼50 'kCnksa
esa crk,a½
D;k uhfr cksMZ }kjk vuqeksfnr gS \ ;fn gk¡] rks
D;k og l{ke çfu] Lokeh]eqdkv }kjk
gLrk{kfjr gS A
daiuh dh uhfr ds dk;kZUo;u dh fuxjkuh ds
fy, D;k cksMZ @ funs'kd @vf/kdkjh dh ,d
fufnZ"V lfefr gS\
uhfr dks v‚uykbu ns[ks tkus ds fy, fyad nsa
D;k uhfr ds ckjs esa vkSipkfjd :i ls lHkh
çklafxd vkarfjd vkSj ckgjh LVsd /kkjdksa dks
lwfpr fd;k x;k gS\
D;k daiuh dh uhfr @ uhfr;ksa dks ykxw djus
ds fy, vkarfjd lajpuk gS\
D;k daiuh dh uhfr uhfr;ksa ls lacaf/kr]
lacaf/kr fgr/kkjdksa ds irs Þf'kdk;r fuokj.kß
irs miyC/k gSa \
D;k vkarfjd ;k ckgjh ,tsafl;ksa }kjk daiuh
dh bl uhfr dh dk;Zç.kkyh dh Lora= ys[kk
ijh{kk @ewY;kadu fd;k x;k gS\
*
gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡
gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡
ugha ugha ugha ugha ugha ugha ugha ugha ugha
gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡
gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡
gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡
gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡
gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡
gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡
*lekt d¨ fgrdkjh ljdkj d¢ fu;e ,oa fn'kkfunsZ'k uhfr dh ÁR;k'kk A
dkjksckjh vkpkj
mRikn
ftEesnkjh
deZp
kfj;ksa
dk dY;
k.k
LVsd /kkj
d d
h
ekuo
vf/kdkj
i;kZoj.k
tu
uhfr
lekos'
kh fodkl
xzkgd
laca/kç'u
Øe
la
gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡ gk¡
84
2. Principle-wise (as per NVGs) BR Policy / Policies: (Reply in Y / N)
1 Do you have a policy/policies for
2 Has the policy being formulated in
consultation with the relevant
stakeholders?
3 Does the policy confirm to any
national / international standards? If
yes, specify? *(50 words)
4 Has the policy been approved by the
Board? If yes, has it been signed by
MD / Owner / CEO / appropriate
Board Director
5 Does the company have a specified
committee of the Board / Director /
O f f i c i a l t o o v e r s e e t h e
implementation of the policy?
6 Indicate the link for the policy to be
viewed online?
7 Has the policy been formally
communicated to all relevant
internal and external stakeholders?
8 Does the company have in-house
structure to implement the policy /
policies?
9 Does the company have grievance
redressal mechanism related
address stakeholders’ grievances
related to the policy / policies?
10 Has the company carried out
independent audit / evaluation of the
working of this policy by internal or
external agencies?
Bu
sin
ess E
thic
s
Pro
duct
Responsib
ility
Well
bein
g o
fE
mplo
yees
Sta
kehold
er
Hum
an R
ights
Environm
ent
Public
Polic
y
Inclu
siv
e g
row
th
Custo
mer
rela
tions
Questions
Sl N
o.
Y Y Y Y Y Y Y Y Y
Y Y Y Y Y Y Y Y Y
Y Y Y Y Y Y Y Y Y
N N N N N N N N N
Y Y Y Y Y Y Y Y Y
Y Y Y Y Y Y Y Y Y
Y Y Y Y Y Y Y Y Y
Y Y Y Y Y Y Y Y Y
Y Y Y Y Y Y Y Y Y
Y Y Y Y Y Y Y Y Y
*Contemplating the Policy of Government rules and guidelines beneficial to the Society.
85
3. chvkj ls lacfU/kr vfHk'kklu
� ml ckjackjrk dks n'kkZ,a ftlds lkFk funs'kd e.My] e.My dh
lfefr ;k lhbZvks] daiuh ds chvkj fu"iknu dk ewY;kadu djrk gSA
D;k daiuh ,d chvkj ;k ,d /kkj.kh;rk fjiksVZ çdkf'kr djrh gS \
bl fjiksVZ dks ns[kus ds fy, dkSulh gk;ijfyad gS \ fdruh
ckjackjrk ls bls çdkf'kr fd;k x;k gSA
�
�
�
pw¡fd dkjksckj dk nkf;Ro lEiw.kZ cSafdax dks 'kkfey djrk gS] vr% çR;sd foHkkx dh
lacfUèkr uhfr;ka i`Fkd :i ls rS;kj@uoh—r dh tkrh gS vkSj cksMZ dk vuqeksnu
çkIr fd;k tkrk gSA
;Fkkle; miyC/k djkbZ tk,xh A
[kaM Ã % fl)kar & okj fu"iknu
fl)kar 1% dkjksckj dks vkpkj uhfr] ikjnf'kZrk vkSj mÙkjnkf;Ro ds lkFk viuk O;ogkj ,oa lapkyu djuk pkfg,A
1. D;k vkpkj uhfr] fj'or[kksjh vkSj Hkz"Vkpkj ls lacfU/kr uhfr dsoy
daiuh dks doj djrh gS\ D;k ;g lewg@ la;qä m|e@
laiwfrZdrkZ@ Bsdsnkjksa@sa ,uthvks@ vU; dks Hkh doj djrh gS\
�
�
�
xzkgdksa dks cSad ds lkFk fd, tkus okys viuss ysunsuksa esa larks"ktud lsok dh çkfIr
dks lqfuf'pr djus ds fy, Hkkjrh; fjtoZ cSad us Qjojh 2006 esa Hkkjrh; cSafdax
lafgrk vkSj ekud cksMZ dh LFkkiuk dhA
chlh,lchvkbZ us **xzkgdksa ds izfr cSad çfrc)rk lafgrk& tuojh 2014** esa rFkk
**lw{e vkSj y?kq m|eksa ds çfr çfrc)rk lafgrk&vxLr 2012** esa çdkf'kr fd;k gS]
tks cSadksa ds fy, xzkgd lsok esa vuqdj.k gsrq cSafdax dk;Z&ç.kkyh vkSj csapekdZ ds
U;wure ekudksa dks fufnZ"V djrk gSA
chlh,lchvkbZ dksM fuEu ij è;ku dsafær djrk gS
lwpuk çlkj
ikjnf'kZrk
xzkgd dsafædrk
f'kdk;r fuokj.k
miHkksäk ls vuqfØ;k
�
�
�
�
�
NA
2,. ;fn Ø-la- 1 ls fdlh Hkh fl)kar ds vkxs tokc ^ugha^ gS] rks ,slk D;ksa gS —i;k le>k,a ¼2 fodYiksa ij fVd yxk,¡½
1 daiuh us fl)karksa dks ugha le>k
gSA
2 daiuh ,slh fLFkfr;ksa esa fufnZ"V fl)karksa
ij uhfr;ka rS;kj djus vkSj ykxw djus dh
fLFkfr esa ugha gS A
3 daiuh ds ikl dk;Z ds fy,
foÙkh; ;k ekuo 'kfä lalk/ku miyC/k
ugha gSa A
4 bls vxys 6 eghuksa ds Hkhrj fd, tkus dh
;kstuk cukbZ xbZ gSA
5 bls vxys 1 lky ds Hkhrj fd, tkus dh
;kstuk cukbZ xbZ gS A
6 dksbZ vU; dkj.k ¼—i;k crk,a½
ç'uØela
i`1 i`2 i`3 i`4 i`5 i`6 i`7 i`8 i`9
86
2a. If the answer to S. No. 1 against any principle is ‘No’, please explain why: (Tick up to 2 options)
1 The company has not understood
the Principles
2 The company is not at a stage where
it finds itself in a position to formulate
and implement the policies on
specified principles
3 The company does not have
financial or manpower resources
available for the task
4 It is planned to be done within next
6 months
5 It is planned to be done within next
1 year
6 Any other reason (Please specify)
QuestionsSl No. P1 P2 P3 P4 P5 P6 P7 P8 P9
3. Governance related to BR
� Indicate the frequency with which the Board of
Directors, Committee of the Board or CEO to assess
the BR performance of the company
Does the company publish a BR or a Sustainability
Report? What is the hyperlink for viewing this report?
How frequently it is published?
�
�
�
As the Business Responsibility encompasses a whole spectrum
of Banking, each Department relevant Policies are framed/
renewed individually and approval of Board obtained.
Would be made available in due course on website.
Section E: Principle-wise-performance
Principle 1: Business should conduct and govern themselves with Ethics, Transparency and Accountability
1. Does the policy relating to ethics, bribery and
corruption cover only the company? Does it extend
to the group / Joint Venture/ Suppliers / Contractors /
NGOs / Others?
�
�
�
In February 2006, Reserve Bank of India set up the Banking
Codes and Standards Board of India (BCSBI) as an independent
autonomous watchdog to ensure that customers get fair
treatment in their dealings with Banks.
The BCSBI has published the “Code of Banks' Commitments to
Customers-January 2014” and “Code of Commitment to Micro
and Small enterprises – August 2015” which set out minimum
standards of banking practices and benchmarks in customer
service for banks to follow.
The BCSBI codes focus on
Information Dissemination
Transparency
Customer Centricity
Grievance Redressal
Customer Feedback
�
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87
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cSad chlh,lchvkbZ dk lnL; gS vkSj blfy, blus mi;qZä lafgrkvksa dks vius
xzkgdksa ds lkFk ysunsu djus esa U;k;ksfpr O;ogkj dksM ds :i esa LosPNk ls viuk;k
gSA
xzkgdksa ds izfr çfrc)rk lafgrk vkSj y?kq m|eksa ds izfr çfrc)rk lafgrk] _.k
fØ;kdykiksa ds lkFk _.k vkosnuksa dh ikorh] vkosnuksa dk fuiVku] xzkgdksa dks
miyC/k djk;s tkus okys nLrkostksa dh çfr;k¡] fofHkUu _.k mRiknksa ds laca/k esa vfr
egRoiw.kZ 'krksaZ ,oa fucU/kuksa bR;kfn dks lfEefyr djrs gq, foLr`r fooj.k nsrk gSA
lafgrk dh iw.kZ çfr ij miyC/k gSA
ÞbafM;u cSad dk flfVtUl pkVZjß cSad dh 'kk[kkvks esas xzkgdksa gsrq miyC/k fofHkUu
lqfo/kkvksa@lsokvksa ij egÙoiw.kZ tkudkjh çnku djrk gSa A
flfVtUl pkVZj ds lkFk lafgrk] cSad esa xzkgdksa ds lkFk fd, tkus okys ysu&nsuksa esa
mÙkjnkf;Ro] ftEesnkjh vkSj ikjnf'kZrk ds mPp ekudksa dks lqfuf'pr djsxkA
pkVZj] cSad f'kdk;r fuokj.k O;oLFkk ij Hkh foLr`r tkudkjh çnku djrk gSA ;g
cSadj vkSj xzkgd ds etcwr laca/k ds fy, xzkgdksa ds uSfrd nkf;Roksa dks Hkh fofufnZ"V
djrk gSA
cSad us ekudh—r yksd f'kdk;r fuokj.k ç.kkyh ¼,lihthvkj,l½ izofrZr dh gSA
leLr ek/;eksa ls çkIr gksus okyh lHkh f'kdk;rsa vkSj 24 ?kaVs ls vf/kd le; rd
vfu.khZr jgus okyh f'kdk;rsa ,lihthvkj,l esa çfo"V gks tkrh gSaA xzkgd Hkh
vkWuykbu f'kdk;rksa dks ,lihthvkj,l ds ek/;e ls ntZ dj ldrs gSaA
bafM;u cSad vPNh xzkgd lsok çnku djus vkSj xzkgd larqf"V lqfuf'pr djus ij
/;ku dsafær djuk gSA bl fn'kk esa] cSad us ,d eq[; xzkgd lsok vfèkdkjh ¼vkarfjd
yksdiky½ fu;qä fd;k gSA
vkarfjd cSafdax yksdiky ¼eq[; xzkgd lsok vfèkdkjh½ dh fu;qfä dk y{; vkarfjd
f'kdk;r fuokj.k ra= dks etcwr djuk gSA
lhlh,lvks cSad esa vkarfjd f'kdk;r fuokj.k ç.kkyh esa xzkgdksa ds foÜokl dks
lq–<+ djus esa enn djsxk vkSj ;g lqfuf'pr djus ds fy, f'kdk;rksa dk fuiVku
vkarfjd ra= ds ekè;e ls fd;k tkrk gSA
www.indianbank.in
2. fiNys foÙkh; o"kZ esa LVsd gksYMjksa ls fdruh f'kdk;rsa çkIr dh xbZa
vkSj çca/ku }kjk fdrus çfr'kr f'kdk;rksa dk larks"ktud lek/kku
fd;k x;k\
;fn ,slk gqvk gS rks yxHkx 50 'kCnksa esa mudk fooj.k miyC/k djk,aA
� o"kZ ds çkjEHk esa yafcr f'kdk;rksa dh la[;k
o"kZ ds nkSjku çkIr f'kdk;rksa dh la[;k
o"kZ ds nkSjku fuiVk;h xbZ f'kdk;rksa dh la[;k
o"kZ ds nkSjku yafcr f'kdk;rksa dh la[;k
fuiVk;h xbZ f'kdk;rksa dk çfr'kr
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Lvsd gksYMjksa ls izkIRk f'kdk;rksa ds fooj.k fuEukuqlkj gS%
'kwU;
'kwU;
53
53
100%
88
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Bank is a member of BCSBI and has therefore voluntarily
adopted the above Codes as its Fair Practice Code in dealings
with its customers.
Code of commitment to customers and Code of commitment to
MSE deal elaborately with credit functions including
acknowledgement of credit applications, disposal of
applications, copies of documents to be provided to customers,
most important terms and conditions in respect of various loan
products etc.
Complete copy of the Code is available at www.indianbank.in
“Citizens' Charter of Indian Bank” provides key information of
various facilities/ services provided to customers in the branches
of the Bank
The Code together with the Citizens' Charter will ensure high
standards of accountability, responsibility and transparency in
the Bank's dealings with customers.
The Charter also provides comprehensive information on Bank's
Grievance redressal mechanism. It also specifies the obligations
on the part of the customers for healthy banker-customer
relationship.
Bank has introduced Standardised Public Grievance Redressal
System (SPGRS). All the complaints received through all modes
and pending unresolved for more than 24 hours are entered in
SPGRS. Customers can also lodge online complaints through
SPGRS.
Bank focuses on providing a good customer service for ensuring
customer delight. In this direction, the Bank has appointed a
Chief Customer Service Officer (Internal Ombudsman)
The appointment of the Internal Banking Ombudsman (Chief
Customer Service Officer) aims at strengthening the internal
Grievance Redressal Mechanism.
The CCSO shall help in strengthening customer confidence in
the Internal Grievance Redressal Mechanism in the Bank and to
ensure that, the grievances are settled through internal
mechanism.
2. How many stakeholder complaints have been
received in the past financial year and what
percentage was satisfactorily resolved by the
management?
If so, provide details thereof, in about 50 words or so.
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No. of complaints pending at the beginning of the year
No. of complaints received during the year
No. of complaints redressed during the year
No. of complaints pending during the year
% age of complaints resolved
The details of complaints from Stakeholders are as under:
Nil
53
53
Nil
100%
89
fl)kar&2 % dkjksckjksa dks ,slh oLrq,¡ vkSj lsok,¡ çnku djuh pkfg, tks lqjf{kr gksa vkSj vius iw.kZ thou&dky rd /kkj.kh;rk cuk, j[kus esa
;ksxnku nsaA
1. vius rhu mRikn ;k lsokvksa dks lwphc) djsa ftldh :ijs[kk us
lkekftd ;k i;kZoj.k laca/kh leLk;k] tksf[ke@ vkSj@;k lqvolj
'kkfey fd;k gksas A
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cSad fuEufyf[kr foÙkh; lsokvksa dks çLrqr djrk gS tks lkekftd dkjksckjksa vkSj
lqvoljksa dks lEefyr djrh gSA
Lo;a lgk;rk lewg ¼,l,pth½
foÙkh; lk{kjrk dsaæ ¼,Q,ylh½
bafM;u cSad Lo jkstxkj çf'k{k.k laLFkku ¼baMlsVh½
cSad 2015&19 dh vofèk ds nkSjku gfjr ÅtkZ igy ds çfr 1100 djksM #i, _.k nsus ds
fy, çfrc) gSA
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2. çR;sd ,sls mRikn ds laca/k esa izfr bdkbZ ¼oSdfYid½ lalk/ku ¼ÅtkZ]
ty] dPpk eky½ ds ç;ksx ds laca/k esa C;kSjs nsaA
D;k fiNys o"kZ ds çkjEHk ls var rd ewY; J`a[kyk ds nkSjku
lzksr@ mRikn@ forj.k esa dVkSrh çkIr dh xbZ gS\
D;k fiNys o"kZ ls miHkksDrkvksa }kjk miHkksx esa ¼ÅtkZ] ty½
dVkSrh gqbZ gSS\
I)
ii)
ykxw ugha
ykxw ugha
3.
i)
D;k daiuh /kkj.kh; lksflaZx ¼ifjogu dks feykdj½ ds fy, dksbZ
çfØ;k fof/k viuk jgh gS\
;fn gk¡] rks vkids buiqV lzksr dk D;k çfr'kr /kkj.kh; :i ls
izkIr fd;k x;k Fkk\
yxHkx 50 'kCnksa esa bldk C;kSjk çLrqr djsaA
ykxw ugha
ykxw ugha
4. D;k daiuh us viuss dk;Z LFky ds vklikl ds lekt lfgr lw{e ,oa
y?kq mRikndksa ls oLrq,¡ vkSj lsok,¡ çkIr djus ds fy, dksbZ dne
mBk;k gS\
;fn gk¡] rks LFkkuh; vkSj y?kq foØsrkvksa dh {kerk vkSj ;ksX;rk dks
mUur djus ds fy, dkSu ls dne mBk, x, gSa\
gk¡
� ifjogu dher vkSj le; varjky dks de djus ds mís'; ls oLrq,a utnhdh
foØsrkvksa ls vf/kekU; :i ls çkIr dh tkrh gSaA
5. D;k daiuh ds ikl mRiknksa vkSj csdkj oLrqvksa dk iqupZØ.k djus dh
O;oLFkk gS\ ;fn gk¡] rks mRiknksa vkSj csdkj oLrqvksa ds iqupZØ.k dk
çfr'kr D;k gS\ ¼i`Fkd :i ls] tSls 5 ls de] 5 ls 10
vkfn½A yxHkx 50 'kCnksa esa bldk C;kSjk çLrqr djsaA
% % %
gk]¡ dkiksZjsV dk;kZy;] jk;isêk esa gS A
ls de
xUns ikuh ds 'kqf)dj.k gsrq la;= 20]000 fyVj çfrfnu ds vkmViqV ds lkFk
dkiksZjsV dk;kZy;] jk;isêk esa miyC/k djkbZ xbZ gSA
ÅtkZ n{k ,ybZMh ykbZV tqM+ukj cSad esa yxk, x,A
ÅtkZ cpkus ds fy, gekjs lHkh ifjljksa esa dsoy LVkj jsVsM fctyh ds midj.kksa dk
bLrseky fd;k tk jgk gSA
i;kZoj.k ds vuqdwy IykfLVd ikmp dh txg VhokbZohbZds lkexzh dk ç;ksx fd;k
tkrk gSA
tgka rd laHko gks] cSad mPp&Lrjh; i;kZoj.k&vuqdwy çkS|ksfxdh dk mi;ksx dj jgk
gSA
5%
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lHkh foÙkh; mRikn gSa tks iwjs ifjpkyu {ks= dks ig;us dk y{; cuk jgk gSaA
90
Principle 2 : Business should provide goods and services that are safe and contribute to sustainability throughout their
life cycle
1. List up to 3 of your products or services whose
design has incorporated social or environmental
concerns, risks and/ or opportunities.
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Bank offers the following financial services which has
incorporated social concerns and opportunities
Self Help Groups (SHGs)
Financial Literacy Centres (FLCs)
Indian Bank Self Employment Training Institutes (INDSETIs)
Bank has committed an amount of 1100 crore towards Green Energy
Initiative during the period 2015-19.
`
2. For each such product, provide in respect of
resource use (energy, water, raw material etc.)per
unit of product (optional):
i) Reduction during sourcing/ production/
distribution achieved since the previous year
throughout the value chain?
ii) Reduction during usage by consumers (energy,
water) has been achieved since previous year?
NA
NA
3.
i)
Does the company have proceedings in place for
sustainable sourcing (including transportation)
If yes, What percentage of your inputs was
sourced sustainability?
Also provide details thereof in about 50 words or so
NA
NA
4. Has the company taken any steps to procure goods
and services from local & small producers, including
communities surrounding their place of work?
If yes, what steps have been taken to improve their
capacity and capability of local and small vendors?
YES
� Preferably, the materials are sourced from nearby vendors to
reduce transportation cost and time lag.
5. Does the company have a mechanism to recycle
products and waste? If yes what is the percentage of
recycling of products and waste (separately as <5%,
5%-10%). Also, provide details thereof, in about 50
words or so.
Yes, at Corporate Office, Royapettah
<5%
Sewage Treatment Plant is provided at Corporate Office,
Royapettah with an output of 20,000 Ltr/Day.
Energy efficient LED light fixtures have been introduced in the
Bank
Star rated electrical equipments are only used to save energy at
all our premises.
Eco friendly Tyvek material is used instead of plastic pouches.
As far as possible, the bank is using high-end eco-friendly
technology.
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All are financial products aiming to reach the entire operational area.
91
fl)kar&3 % dkjksckj lHkh deZpkfj;ksa dh lq[k le`f) dk c<kok djsaA
1. Ñi;k deZpkfj;ksa dh dqy la[;k nsa
2. Ñi;k vLFkk;h lafonkRed@ vukSipkfjd vk/kkjij dke ij yxk;s x, deZpkfj;ksa dh iw.kZ la[;k nsa%
3. Ñi;k LFkk;h efgyk deZpkfj;ksa dh la[;k n'kkZ,a
4. Ñi;k LFkk;h fodykaxrk okys LFkk;h deZpkfj;ksadh la[;k n'kkZ,¡%
5. D;k vkidk dksbZ deZpkjh laxBu gS tks çca/ku}kjk ekU;rk izkIr gS \
6. vkids depkfj;ksa esa ls bl ekU;rk izkIr deZpkjhlaxBu ds lnL;ksa dk D;k izfr'kr gS\
7. Ñi;k fiNys foRrh; o"kZ esa vkSj foRrh; o"kZ ds varesa yafcr cky et+nwjh] ca/kqvk et+nwjh] vfuPNket+nwjh] ;kSu mRihMu ls lacaf/kr f'kdk;rksa dhla[;k n'kkZ,¡A
8. v/kksfyf[kr vkids deZpkfj;ksa dks fiNys o"kZ esa nhxbZ lqj{kk vkSj dq'kyrk mUu;u izf'k{k.k dkizfr'kr D;k gS \
20662
'kwU;
353
vfèkdkjh
vokMZ LVkQ
– 82%
– 76%
6430
gk¡
vfèkdkjh
fyfid
vèkhuLFk deZpkjh
65%
42%
27%
1. /
2.
3.
Øe foRrh; o"kZ ds nkSjku foRrh; o"kZ ds var esa
la- oxZ dh xbZ f'kdk;rksa yafcr f'kdk;rksa dh
dh la[;k la[;k
cky et+nwj@ ca/kqvk et+nwj@
vfuPNk et+nwj 'kwU; 'kwU;
;kSu mRihMu 'kwU; 'kwU;
i{kikrh jkstxkj 'kwU; 'kwU;
l)kar 4 % dkjksckj lHkh LVsd/kkjdksa] [kkldj oafpr] fiNM+s gq,] ekewyh LVsd/kkjdksa ds fgrksa dks lEeku vkSj j{kk djuh pkfg,A
1. D;k daiuh us vius vkarfjd ,oa ckg+; LVsd/kkjdksa
dk oxhZdj.k fd;k gS \
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'ks;j/kkjdksa dks fofo/k oxkZsa esa oxhZÑr fd;k x;k gS vFkkZy ljdkjh] fons'kh laLFkkxr fuos'kd]foRrh; laLFkk,a] chek daifu;ka] E;wpqvy QaM~l] cSad vkSj oS;fDrd bR;kfnA
xzkgdksa dks cM+s dkiksZjsV] e/;e dkiksZjsV] NksVs ,oa e/;e m|e ,oa [kqnjk xzkgdksa ds :i esafoHkkftr fd;k x;k gSA
eklaÁ foHkkx] cSad deZpkfj;ksa ds fgr esa dk;Z djrk gSA-
2. mijksDr esa ls] D;k daiuh us oafpr] fiNM+s gq, vkSj
ekewyh LVsd/kkjdksa dh igpku dh gS\
gk¡
bafM;u cSad us oafpr] fiNM+s vkSj ekewyh LVsd/kkjdksa dh igpku dh gS] ftuesa NksVs vkSj ekewyhfdlku] fdjk;snkj o iêsnkj fdlku] Hkwfejfgr etnwj ,oa xzkeh.k efgykvksa dks 'kkfey fd;k x;kgSA mudks fdlku ØsfMV dkMZ] ,xzh tsoj _.k] Lo;a lgk;rk lewg] la;qDr ns;rk lewg] fdlkuiqu#)kj.k ;kstuk] çèkkuea=h tu&èku ;kstuk ¼ih,etsMhokbZ½ vkfn fo'ks"k _.k lqfo/kk,a iznkudh tkrh gSaA
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3. D;k daiuh }kjk oafpr] fiNM+s gq, vkSj ekewyh
LVsd/kkjdksa ds fgr esa fo'ks"k igy dh xbZ gS \ ;fn
,slk gS rks mldk fooj.k 50 'kCnksa esa nsaA
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bafM;u cSad us 19 foÙkh; lk{kjrk dsUæksa ¼,Q,ylh½ ds ekè;e ls 1]73]365 O;fä;ksa dks foÙkh;ijke'kZ çnku fd;k gSA
bafM;u cSad us ÞbafM;u cSad Lo&jkstxkj çf'k{k.k laLFkkuß ¼baMlsVh½ ds uke ij 12 vkjlsfV;ksa dhLFkkiuk dh gS vkSj 'kq#vkr ls ekpZ 2016 rd 1096 cSpksa esa 31004 O;fä;ksa dks Lo& jkstxkjçf'k{k.k çnku fd;k gSA
92
Principle 3 : Business should promote the well-being of all employees.
1. Please indicate the Total number of
employees
2. Please indicate the Total number ofemployees hired on temporary/contractual/ casual basis
3. Please indicate the number ofpermanent women employees
4. Please indicate the permanent numberof employees with permanentdisabilities
5. Do you have an employee associationthat is recognized by the management
6. What is the percentage of youremployees is members of thisrecognized employees association
7. Please indicate the Number ofcomplaints relating to child labor,forced labor, involuntary labor, sexualharassment in the last financial yearand pending, as on the end of thefinancial year
8. What percentage of your undermentioned employees were givensafety & skill up-gradation training inthe last year?
20662
Nil
353
Officers – 82%
Award Staff – 76%
6430
Yes
Officers 65%
Clerks 42%
Substaff 27%
Sr. No. of complaints No. of complaints
No. Category filed during the pending as on end of the
financial year financial year
1. Child labour/ foced labour/
involuntary labour NIL NIL
2. Sexual Harassment NIL NIL
3. Discriminatory Employment NIL NIL
Principle 4 : Business should respect the interests of and be responsive towards all stakeholders, especially those who aredisadvantaged, vulnerable and marginalized.
1. Has the company mapped its internal
and external stakeholders? Yes/ No
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Shareholders are classified into different categories viz., Government,Foreign Institutional Investors, Financial Institutions, Insurance Companies,Mutual Funds, Banks, individuals, etc.,
Customers are segmented into large corporate, Mid-corporate, Small andMedium Enterprises and Retail customers.
Human Resource Department looks after the interest of the Bankemployees
2. Out of the above, has the company
identified the disadvantaged, vulnerable
& marginalized stakeholders
Yes
Bank has identified the disadvantaged, vulnerable and marginalized stakeholders which include Small and Marginal Farmers Tenant and LeasedFarmers, Landless Labourers and Rural Women. They are provided withspecial credit facilities like Kisan Credit Card, Agri. Jewel Loan, Self HelpGroups, Joint Liability Group, Ryot Punarudharan Yojana, Prime Minister’sJan Dhan Yojana (PMJDY), etc.
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3. Are there any special initiative taken by
the company to engage with the
disadvantaged, vulnerable and
marginalized stakeholders. If so, provide
details thereof, in about 50 words or so.
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Bank has provided Financial counseling to 173365 individuals through19 FLCs.
Bank has established 12 RSETIs in the name of Indian Bank Selfemployment Training Institute and imparted self employment trainings to31004 individuals in 1096 batches up to March 2016 , cumulatively sinceinception.
93
1. D;k ekuo vf/kdkj ij daiuh dh uhfr flQZ daiuh dksd o j d j r h g S ; k l e w g@ l a ; q D rmiØe@vkiwfrZdrkZ@lafonkdkj@ ,uthvks @ vU;rd Hkh foLrkfjr gS \
2. fiNys foRrh; o"kZ esa fdrus LVsd/kkjd f'kdk;rsa çkIr gqbZgSa vkSj izca/ku }kjk fdrus çfr'kr dk larks"ktud gyfd;k x;k Fkk\
gk¡
cSad ds ikl dksbZ vyx ekuo vf/kdkj uhfr ugha gSaA rFkkfi ;s igyw cSad dh ekuo lalk/kuuhfr vkSj O;ogkj ds rgr doj fd, x, gSaA
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fl)kar 5 % dkjksckjksa dks ekuo vf/kdkj dk lEeku vkSj c<kok nsuk pkfg,A
1. D;k fl)kar 6 flQZ daiuh dks doj djrh gS ;k lewg @la;qDr miØe @ vkiwfrZdrkZ@ lafonkdkj @,uthvks @ vU; rd Hkh foLrkfjr gSA
2. D;k daiuh ds ikl oSf'od i;kZoj.k eqn~nksa tSls ekSleifjorZu] oSf'od rki bR;kfn ds fo"k; esa uhfr;ka@igygSa\ gk¡@ughaA ;fn gk¡ rks oscist ds fy, gk;ijfyad nsaA
gk¡
fl)kar 6 % dkjksckj dks i;kZoj.k dk lEeku] lqj{kk vkSj iqu% LFkkfir djus dh dksf'k'k djuh pkfg,
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cSad us gfj;kyh vkSj Xykscy okfeZax ds eqís ds fy, iwjs Hkkjr esa 1]20]273 yk[k ikSèks jksi.k dhgSAturk ds chp gfj;kyh ds egRo dks mtkxj djus ds fy, o"kZ 2016 ds fy, cSad us viusdSysaMj@Mk;jh esa gfj;kyh vkSj i;kZoj.k ds vuqdwy ij fofHkUu mik;ksa ds lkFk çdkf'krfd;k gSAcSad eq[; LFkkuksa ij cxhpksa@xzhu Li‚V dh ns[kHkky dj jgk gSA
o"kZ ds nkSjku çkIr f'kdk;rksa dh la[;k&53
fuiVk;h x;h f'kdk;rksa dk çfr'kr & 100%
3. D;k daiuh laHkkO; i;kZoj.kh; tksf[ke dh igpku vkSjvkdyu djrh gS \ gk¡ @ ugha
gk¡
4. D;k daiuh ds ikl dksbZ LoPN fodkl Á.kkyh ls lacaf/krifj;kstuk gS\ ;fn gk¡ rks bldk C;kSjk yxHkx 50 'kCnksaesa nasA ;fn gk¡ rks D;k dksbZ i;kZoj.kh; vuqikyu ntZfd;k x;k gS\
vius O;olk; ds Lo:i ds dkj.k cSad ds ikl dksbZ LoPN fodkl Á.kkyh ugha gSA
5. D;k daiuh us LoPN rduhdh] mtkZ n{krk] uohdj.kh;
mtkZ bR;kfn ij dksbZ vU; dne mBk;k gS] gk¡ @ ugha]
;fn gk¡] rks Ñi;k oscist ds fy, gk;ijfyad nsaA
gk¡
dkiksZjsV dk;kZy; fcfYMax esa o"kkZ ty dk lap;u fd;k tkrk gSA
dk;kZy;ksa esa mtkZ&n{k midj.k yxk, x, gaSA
lalk/ku vkSj ÅtkZ ds viO;; dks de djus gsrq dne mBk, x, gaSA
vkjvkjch esa] lkSj mtkZ dk mi;ksx ,d fodYi ds :i esa fd;k tkrk gSA
dkiksZjsV dk;kZy; jk;isV~Vk esa 20]000 fyVj izfrfnu ds vkmViqV ds lkFk xUns ikuh ds
'kqqf)dj.k gsrq la;= miyC/k djk;k x;kA
usV cSafdax ds ek/;e ls Hkqxrku @ ysunsu dks ÁHkkoh fd;k x;k gSA ¼psd cqd] pkyku] izkfIr;ka
bR;kfn ds mi;ksx esa egRoiw.kZ dVkSfr;k¡ gqbZ gSa½
ftu dkMZ/kkjdksa dss bZ&esy vkbZMh iathÑr gSa ØsfMV dkMZ fooj.k Hksts tkrs gSaA
ftu 'ks;j/kkjdksa ds bZ&esy vkbZMh iathÑr gS] mudks bZ&esy ds ek/;e ls okf"kZd fjiksVZ Hksth
tkrh gSA
psd ds ekè;e ls Hkqxrku u dj flQZ vkjVhth,l @ ,ubZ,QVh ds ek/;e ls foØsrkvksa]
lsokiznkrk bR;kfn dks lHkh Hkqxrku fd, tkrs gSaA
isij ds viO;; @ mi;ksx dks de djus ds fy,] lfefr;ksa ds fopkj foe'kZ gsrq lHkh cSBd
nLrkost LdSu djds lacafèkr lnL;ksa dks bZesy ds ekè;e ls forfjr fd;k tkrk gSA
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6. foRrh; o"kZ gsrq lhihlhch @ ,lihlhch }kjk vuqer dh
xbZ lhek ds varxZr daiuh us ftruk Hkh mRltZu @
dpjk mRikfnr fd;k gSa] D;k mudh fjiksVZ dh tk jgh
gS\
7. foRrh; o"kZ ds var esa lhihlhch @ ,lihlhch ls izkIr
¼tSls larqf"V gksus rd gy ugha dh xbZ½ dkj.k
crkvks@fof/kd uksfVlsa tks yafcr gSa] dh la[;k fdruh
gS\
ykxw ugha
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94
1.
2.
Does the policy of the company on humanrights cover only the company or extend tot h e G r o u p / J o i n t V e n t u r e s /suppliers/Contractors/NGOs/Others?
How many stakeholder complaints havebeen received in the past financial year andwhat percent was satisfactorily resolved bythe management?
Yes
Bank does not have a separate Human Rights Policy. However, theseaspects are covered under Human Resources Policies and Practices of theBank.
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Principle 5 : Businesses should respect and promote human rights
1.
2.
1. Does the policy related to Principle 6 coveronly the company or extends to the Group/Joint Ventures/ Suppliers/ Contractors/NGOs/ others.
Does the Company have strategies /initiatives to address global environmentalissues such as climate change, globalwarming, etc? Y/N. if yes, please givehyperlink for webpage etc
Yes
Principle 6 : Business should respect, protect and make efforts to restore the environment.
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The Bank has planted 1,20,273 saplings Pan India to address the issue ofgreenery & global warming
For the year 2016 the Bank published its Calendars/Diaries with variousgreenery and Eco-friendly measures to sensitize the public about theimportance of greenery.
The Bank is maintaining gardens/ green spots at prime locations.
No. of Complaints Received during the year-53
Percentage of complaints resolved – 100%
3. Does the company identify and assesspotential environmental risks? Y/N
Yes
4. Does the company have any project relatedto Clean Development Mechanism? If so,provide details thereof, in about 50words orso. Also, if Yes, whether any environmentalcompliance is filed?
Given the nature of business, Bank does not have a Clean Development
Mechanism.
5. Has the company undertaken any other
initiative on –clean technology, energy
efficiency, renewable energy, etc. Y/N. If yes,
please give hyperlink for web page etc
Yes
Rain Water Harvesting in Corporate Office Building
Energy efficiency equipment installed in the offices.
Steps taken to reduce wastage of resources and energy.
Solar Power is used as substitute in RRBs
Sewerage Treatment Plant is provided at Corporate Office, Royapettahwith an output of 20,000 ltrs/day.
Payments/transactions are effected through Net banking (considerablereduction in use of cheque books, challans, receipts etc.)
Credit Card Statement are sent to the cardholders whose email ids areregistered
Annual Reports are sent through email to the Shareholders whose emailids are registered;
All payments to vendors, service providers etc. are made throughelectronic remittances and not through cheques.
In order to reduce the paper wastage/ usage, all the meeting documentsare scanned and distributed through email to the respective members ofthe Committees for discussions. www.indianbank.in
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6. Are the Emissions/Waste generated by the
company within the permissible limits given
by CPCB/SPCB for the financial year being
reported?
7. Number of show cause/legal notices
received from CPCB/SPCB which are
pending (i.e. not resolved to satisfaction) as
on end of Financial Year
NA
NIL
95
1.
2.
D;k vkidh daiuh fdlh VªsM vkSj pSacj ;k la?k dklnL; gS\ ;fn gk¡] rks muesa ls izeq[k ds ukecrk,a ftuds lkFk vkidk O;kikj gksrk gSA
D;k vkius tufgr dh izxfr ;k lq/kkj gsrqmijksDr la?kksa }kjk rhoz :i ls dk;Z djk;k gS\gk¡@ugha % ;fn gk¡ rks O;kid {ks= dk fooj.k nsaA¼MªkWi ckDl% 'kklu vkSj iz'kklu] vkfFkZd lq/kkj]lekos'kh fodkl uhfr] ÅtkZ lqj{kk] ikuh] [kk|lqj{kk la/kkj.kh; O;olk; fl)kar vU;½
gk¡
vkbZch,] ,uvkbZch,e] vkbZvkbZch,Q] vkbZchih,l
fl)kar 7 % ,sls dkjksckj] tks turk vkSj fu;ked uhfr dks izHkkfor djus esa yxs gq, gSa] mls ftEesnkj rjhds ls djsaA
cSad us le;≤ ij cSafdax m|ksx ds /kkj.kh; fodkl gsrq uhfr fuekZrkvksa vkSj uhfr fuèkkZj.k la?kksa dh
uhfr;ksa dk leFkZu fd;k gSA
1. D;k daiuh uss fl)kar 8 ls lacaf/kr uhfr ds
vuqlj.k esa dk;ZØe @ igy @ ifj;kstuk,a
fufnZ"V dh gS\ ;fn gk¡ rks mldk C;kSjk nsaA
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bafM;u cSad us fpRrwj] eNfyiV~ue ¼vka/kz izns'k esa½] dMywj] /keZiqjh] dkaphiqje] Ñ".kfxfj]
ukeDdy] lsye] fr#o..kkeyS] fr#oYywj] osywj vkSj foYyqiqje ¼rfeyukMqa½] dksYye
pM;eaxye rFkk ikjLlkyk ¼dsjy esa½ vkSj iqnqPpsjh ¼iqnqPpsjh la?k 'kkflr {ks= esa½ esa foRrh;
lk{kjrk dsUnzksa ds ek/;e ls {kerk o/kZd igy dh gSA psUuS] fnYyh vkSj eqacbZ esa cSad dh foRrh;
lekos'ku igyksa dh fn'kk esa izoklh Jfedksa rFkk >ksaiMifV+V;ksa ds fuokfl;ksa ds fgr ds fy, 'kgjh
foRrh; lk{kjrk dsUnz LFkkfir fd, x, gaSA vc rd bu 19 ,Q,ylh ds ek/;e ls dqy feykdj
1]73]365 O;fDr;ksa dks foRrh; ijke'kZ fn, x, gSaA
cSad us **bafM;u cSad Lo jkstxkj izf'k{k.k laLFkku** ¼vkbZ,uMh,lbZVhvkbZ½ ds uke ij 12 dsUnzksa esa
vkj,lbZVhvkbZ dh LFkkiuk dh gS tSls fpRrwj] dMywj] /keZiqjh] dkaphiqje] Ñ".kfxfj] ukeDdy]
iqnqPpsjh] lsye] fr#o..kkeyS] fr#oYywj] osywj vkSj foYyqiqjeA bu baMlsfV;ksa }kjk 1096 l=ksa esa
31004 vH;fFkZ;ksa dks Lofu;kstu izf'k{k.k fn;k x;kA
cSad ns'kHkj esa lekt ds cSafdax lqfo/kkvksa ls oafpr oxksZa ds fy, cqfu;knh cSafdax lsok,a Ánku djus
ds n`f"Vdks.k ds lkFk foRrh; lekos'ku ;kstuk dks dk;kZfUor dj jgk gSA vc rd cSad us fofHkUu
lqiqnZxh pSuyksa ds ek/;e ls iwjs Hkkjr esa 2975 ,l,l, esa cSafdax lqfo/kkvksa dk foLrkj fd;k gSA
foRrh; lekos'ku ds rgr doj fd, x, xkaoksa esa 29-93 yk[k xzkgdksa ds cpr cSad tek [kkrs
ih,etsMhokbZ [kkrs [kksys tk pqds gSaA izkS|ksfxdh ds iw.kZ iz;ksx ds ek/;e ls] cSad O;olk;
lafonkvksa ds }kjk xzkgdksa dkss ?kj&?kj lqfo/kk,a iznku dj jgk gSA
cSad] xzkgdksa gsrq NksVs vksoj Mªk¶+V] lkekU; ØsfMV dkMZ vkSj fdlku ØsfMV dkMZ ds }kjk ;ksX;
ifjokjksa dks vko';d ØsfMV lqfo/kk iznku dj jgk gSA ;g lekt esa t:jrean yksxksa dks muds
miktZu vkSj vkthfodk dks lq/kkjsxh tks iw.kZ :i ls jk"Vª dk lkekftd vkSj vkfFkZd fodkl djus
esa ennxkj gksxhA
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fl)kar 8 % dkjksckjksa dks lekos'kh fodkl vkSj U;k;ksfpr fodkl dk leFkZu djuk pkfg,
2. D;k bu&gkml Vhe@Lo;a ds laLFkku @ ckg+;,uthvks ljdkjh lajpuk,a@ vU; laxBuksa }kjkdk;ZØe@ifj;kstuk,a yh xbZ gSa \
� cSad us fofHkUu fodkl xfrfof/k;ksa ds dk;kZsa ds fy, bu gkml vkSj ckg+; ,tsafl;ka nksuksas ds tfj,**xzkeh.k fodkl gsrq bafM;u cSad VªLV** ¼vkbZchVhvkjMh½ ds uke ls ,d VªLV LFkkfir fd;k gSA
3. D;k vkius viuh igy ds izHkko dk vkdyu fd;kgS \
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baMlsfV;ksa dk vlj rFkk izHkko'khyrk dks ekfuVj djus gsrq vkjlsfV;ksa ds fy, ekfuVfjax lsy}kjk okf"kZd xzsfMax ds vk/kkj ij ekfuVj fd;k tkrk gS rkfd mfpr izfrfØ;k feysa vkSj vkxsbaMlsfV;ksa dks lqn`<+ cukus ds fd, dne mBk;s tk ldsA
o"kZ 2015&16 ds nkSjku] gekjs lHkh ckjg baMlsfV;ksa dh xzsfMax fLFkfr esa ekpZ 2014 dh rqyuk esa ;krks lqèkkj gqvk gS ;k viuh xzsfMax fLFkfr dks cuk, j[kkA gekjs rhu baMlsfV;ksa vFkkZr osywj] lsyevkSj dkaphiqje dh xzsfMax esa lqèkkj gqvk gS vkSj ekpZ] 2015 rd gekjs X;kjg baMlsfV;ksa us viuhfLFkfr , ;k ,, xzsM vkSj fpÙkwj baMlsfV;ksa us ,ch xzsM dks cjdjkj j[kk gS
96
1.
2.
Is your company a member of any tradeand chamber or association? If Yes,Name only those major ones that yourbusiness deals with:
Have you advocated /lobbied througha b o v e a s s o c i a t i o n s f o r t h eadvancement or improvement of publicgood? Yes/No; if yes specify the broadareas (drop box: Governance andAdministration. Economic Reforms,Inclusive Development Policies,Energy security, Water, Food Security,Sustainable Business Principles,Others).
YES
IBA, NIBM, IIBF, IBPS
Principle 7 : Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner
The Bank from time to time has advocated the policies to policymakers and
policy-making associations, for sustainable development of banking industry.
1. Does the company have specified
programmes/initiatives/projects in
pursuit of the policy related to
Principle8? If yes details thereof
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Bank has taken up capacity building initiatives through Financial LiteracyCentres at Chittoor, Machilipatnam, (Andhra Pradesh), Cuddalore,Dharmapuri, Kancheepuram, Krishnagiri, Namakkal, Salem,Thiruvannamalai, Tiruvallur, Vellore and Villupuram (Tamil Nadu), Kollam,Chadayamangalam and Parassala (Kerala), Puducherry (UT ofPuducherry). Urban Financial Literacy Centres have been established inChennai, Delhi and Mumbai for the benefit of migratory workers and slumdwellers as part of Bank's initiatives in financial inclusion. A total of 1,73,365individuals were provided financial counseling through these 19 FLCs.
Bank has established RSETIs in the name of Indian Bank Self EmploymentTraining Institutes (INDSETIs) in twelve centres viz. Chittoor, Cuddalore,Dharmapuri, Kancheepuram, Krishnagiri, Namakkal, Puducherry, Salem,Tiruvannamalai, Tiruvallur, Vellore and Villupuram. A total of 31004candidates were given self employment training in 1096 Batches throughthese INDSETIs.
Bank is implementing Financial Inclusion Plan with a vision to provide basicbanking facilities to the unbanked segments of the society across thecountry. Bank has so far extended banking facilities to 2975 SSAs pan Indiathrough various delivery channels. Basic Savings Bank DepositAccounts/PMJDY accounts have been opened for 29.93 lakh customers inthe villages covered under financial inclusion. By leveraging technology,bank is providing the basic banking facilities at the doorstep of the customersthrough Business Correspondents.
Further, Bank is extending required credit facilities to the eligible householdsby way of Overdraft, General Credit Card and Kisan Credit Card for thecustomers. This helps the needy people in the society to improve theirearnings and the livelihood, as well thereby contributing to the social andeconomic development of the country at large.
Principle 8 : Businesses should support inclusive growth and equitable development
2. Are the programmes/p ro jec tsunder taken th rough in -houseteam/own founda t ion /ex te rna lNGO/government structures/any otherorganization?
� Bank has set up a Trust by name "Indian Bank Trust for Rural Development"(IBTRD) for undertaking various developmental programmes conductedboth in-house and through external agencies.
3. Have you done any impact assessmentof your initiative?
� Impact and effectiveness of INDSETIs is monitored based on the annualgrading exercise undertaken by the monitoring cell for RSETIs for gettingproper feedback and initiate steps for further strengthening of INDSETIs.
During the year 2015-16, all the Twelve INDSETIs have either improved orretained their grading position over March 2014. Three INDSETIsviz. Vellore, Salem and Kancheepuram have improved their grading and ason March 2015 Eleven INDSETIs are in A or AA grade and Chittoor INDSETIhas retained its position atAB Grade.
97
4. vkids daiuh dk leqnk; fodkl ifj;kstuk esa
izR;{k :Ik ls D;k ;ksxnku gSA vkbZ,uvkj esa jkf'k
vkSj pyk, tk jgs ifj;kstuk ds fooj.k nsaA
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o"kZ 2015&16 ds nkSjku VªLV ¼vkbZchVhvkjMh½ us baMlsfV;ksa vkSj ,Q,ylh ds ek/;e ls {kerko/kZu ds tfj, leqnk; fodkl ds fy, dqy 2--81 djksM+ #i;s dh jkf'k [kpZ dh gSA
o"kZ ds nkSjku] cSad us Lo.kZ Hkkjr VªLV vkSj ds dksus: y{eS;k foÜofo|ky; ¼ds,y;w½ ds lg;ksx lsvVdqj] —".kk ftyk] vkaèkzk çns'k esa Mk-,-ih-ts vCnqy dyke dkS'ky fodkl laLFkku dh LFkkiuk dsfy, 69 yk[k dk ;ksxnku fn;k gSA`
5. D;k vkius ;g lqfuf'pr djus ds fy, vko';ddne mBk,a gSa fd leqnk;ksa }kjk vkids Á;klksa dksviuk;k x;k gS\ vxj ,slk gS rks Ñi;k 50 'kCnksaesa crk,aA
� gekjs baMlsVh }kjk O;ofLFkr :i ls Áf'kf{kr mEehnokjksa ds Lofu;kstu gsrq vuqorZu ,oa
lykgdkjh lsok,a nh tkrh gSaA mEehnokjksa dsk vius iSjksa ij [kM+k gksus esa l{ke djus ds fy, iM+kslh
cSad ds lkFk çf'k{kqvksa dh ØsfMV fyadst ds fy, Hkh fof'k"V ç;kl fd;k tk jgk gSaA
fl)kar 9 % O;kikfjd laxBuksa }kjk vius xzkgdksa ,oa miHkksDrkvksa dks mRrjnk;h rjhds ls ewY;o/kZu ds lkFk lsok,a iznku dh tkuh pkfg,A
1. foŸkh; o"kZ d¢ var esa fdrus Áfr'kr xzkgdf'kdk;rsa @ xzkgd ekeysa yafcr gSa\
0-65 izfr'kr ;k 68 f'kdk;rs gSa
2. D;k daiuh ds }kjk LFkkuh; dkuwu ds rgr mRiknds yscy ij mRikn dh tkudkjh fy[kh gksrh gSa\gk¡ @ ugha @ ykxw ugha @ fVIi.kh ¼vfrfjDrtkudkjh½
ykxw ugha
3. xr ikap o"kksZa esa ,oa foRrh; o"kZ ds var esa] vuqfprO;kikj i)fr;ksa ds Á;ksx] xSj ftEesnkj foKkiuksavkSj@;k xSj ÁfrLi/khZ O;ogkj ds fy,] D;k fdlhLVsd /kkjd us daiuh ds fo#) dksbZ okn nk;jfd;k gS\ ;fn gk¡] rks mlds fooj.k nsaA
fdfl Hkh 'ks;jèkkjd us o"kZ ds nkSjku cSad ds f[kykQ dksbZ eqdnek nk;j ugha fd;k gSA
4. D;k vkidh daiuh }kjk xzkgd losZ{k.k@xzkgdlarqf"V #>ku dk;ZØe pyk, tkrs gSa \
gk¡
vuq"kafx;k¡
{ks=h; xzkeh.k cSad
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cSad dh nks vuq"kafx;k¡ gSaA buds uke baM cSad epsZaV cSafdax lfoZlst+ fy-
vkSj baM cSad gkmflax fyfeVsM gSA
cSad us rhu {ks=h; xzkeh.k cSad izk;ksftr fd, gSa] uker% lIrfxfj xzkeh.k
cSad & eq[;ky; fpRrwj] iYyou xzke cSad & eq[;ky; lsye
¼rfeyukMw½ vkSj iqnqoS Hkkjfr;kj xzke cSad & eq[;ky; iqnqPpsjh ¼dsaæ
'kkflr çns'k iqnqPpsjh½
{ks=h; xzkeh.k cSadksa dk 'kk[kk usVodZ tksfd ekpZ 2015 esa 406 Fkk] ekpZ
2016 dks 48 'kk[kkvksa dh o`fn~/k ls 454 'kk[kk,¡ gks x;ha A
rhuksa {ks=h; xzkeh.k cSadksa dk dqy dkjksckj ekpZ 2015 dks 11382-24 djksM+
#i;k Fkk tcfd ekpZ 2016 ds var esa 13356-11 djksM+ #i;k
gks x;kA
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lIrfxfj xzkeh.k cSad dh 188 'kk[kk,¡ gSa vkSj dqy dkjksckj # 7251-16
djksM+ gS ¼tek jkf'k;k¡ #3696-14 djksM+ vkSj vfxze # 3555-02 djksM+½
iYyou xzke cSad dh 228 'kk[kk,¡ gSa vkSj dqy dkjksckj # 5216-57 djksM+ gS
¼tek jkf'k;k¡ #2538-18 djksM+ vkSj vfxze # 2678-39 djksM+½
iqnqoS Hkkjfr;kj xzke cSad dh 38 'kk[kk,¡ gSa vkSj dqy dkjksckj # 888-38
djksM+ gS ¼tek jkf'k;k¡ # 455-28 djksM+ vkSj vfxze # 433-10 djksM+½
rhuksa {ks=h; xzkeh.k cSad ykHkktZd {ks=h; xzkeh.k cSad gSaA
lHkh {ks=h; xzkeh.k cSad Hkkjr ljdkj ds ih,etsMhokbZ] ih,etstschokbZ]
ih,e,lchokbZ ,oa ,ihokbZ dk;ZØeksa esa lfØ; :i ls Hkkx ys jgs gSaA rhuksa
{ks=h; xzkeh.k cSadksa us ih,etsMhokbZ ds rgr 512 ,l,l, xzkeksa dks doj
fd;s gSa rFkk 4-15 yk[k [kkrksa dks bl ;kstuk ds rgr [kksyk x;kA o"kZ
2015&16 ds nkSjku {ks=h; xzkeh.k cSadksa us ih,etsMhokbZ ds rgr 2-96
yk[k ykHkkfFkZ;ksa] ih,etstschokbZ ds rgr 0-89 yk[k ykHkkfFkZ;ksa vkSj
ih,e,lchokbZ ds rgr 3440 ykHkkfFkZ;ksa dks Hkh doj fd;k gSA
98
4. What is your company's direct
contribution to community development
projects- Amount in INR and the details
of the projects undertaken
� During the year 2015-16, the Trust (IBTRD) has spent a total amount of2.81 crore towards Community Development activities through INDSETIs
and FLCs by way of capacity building initiatives.
During the year, Bank has contributed 69 lakh for establishingDr.A.P.J. Abdul Kalam Skill Development Institute at Atkur, Krishna District,Andhra Pradesh in association with Swarna Bharath Trust and K KoneruLakshmaiah University (KLU).
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5. Have you taken steps to ensure thatthis community development initiativeis successfully adopted by thecommunity? Please explain in 50words, or so.
� Systematic follow-up and counseling services are being undertaken by ourINDSETIs to facilitate the trained candidates to adopt self employmentactivities. Specific efforts are also made for credit linkage of the trainees withneighbouring bank, so as to enable the candidates to stand on their ownlegs.
Principle 9: Businesses should engage with and provide value to their customers and consumers in a responsible manner
1. What percentage of customercomplaints/consumer cases arepending as on the end of financial year
0.65 per cent or 68 complaints
2. Does the company display productinformation on the product label, overand above what is mandated as perlocal laws? Yes/No./N.A/ Remarks(additional information)
NA
3. Is there any case filed by anystakeholder against the companyregarding unfair trade practices,irresponsible advertising and/or anti-competitive behavior during the lastfive years and pending as on end offinancial year. If so, provide detailsthereof, in about words or so
No shareholder has filed any suit against the bank during the year.
4. Did your company carry out anyc o n s u m e r s u r v e y / c o n s u m e rsatisfaction trends?
Yes
SUBSIDIARIES
REGIONAL RURAL BANKS
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The Bank has two subsidiaries viz., Ind Bank Merchant
Banking Services Ltd., and Ind Bank Housing Ltd.
The Bank has three sponsored Regional Rural Banks viz,
Saptagiri Grameena Bank headquartered at Chittoor
(Andhra Pradesh), Pallavan Grama Bank, headquartered
at Salem (Tamil Nadu) and Puduvai Bharathiar Grama
Bank headquartered at Puducherry (Union Territory of
Puducherry).
The branch network of the three RRBs increased by 48
branches during the year from 406 as of March 2015 to
454 branches as of March 2016.
The total business of the three RRBs was 13356.11 crore
as of March 2016 as compared to 11382.24 crore as of
March 2015.
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Saptagiri Grameena Bank has 188 branches with a total
business of 7251.16 crore. (Deposits: 3696.14 crore
and advances 3555.02 crore)
Pallavan Grama Bank has 228 branches with a total
business of 5216.57 crore (Deposits: 2538.18 crore
and advances 2678.39 crore.
Puduvai Bharathiar Grama Bank has 38 branches with a
total business of 888.38 crore (Deposits: 455.28 crore
and advances: 433.10 crore)
All the three RRBs are profit making RRBs.
RRBs are actively participating in PMJDY, PMJJBY,
PMSBY & APY programmes of Govt of India. The three
RRBs are covering 512 SSA villages under PMJDY and
have opened 4.15 lakh accounts under the scheme. The
RRBs have also covered 2.96 lakh beneficiaries under
PMSBY, 0.89 lakh beneficiaries under PMJJBY and
3440 beneficiaries underAPY during the year 2015-16.
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99
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fu;af=r ,oa ekxZnf'kZr fd;k tkrk gS rkfd uSfrd <ax ls muds /ku&l`tu dh
{kerk dks c<k;k tk,A ;g izca/ku] mlds cksMZ] 'ks;j/kkjd vkSj vU; LVsd/kkjdksa
ds chp esa mRizsjd dh Hkwfedk fuHkkrk gS rkfd laxBu ds fu/kkZfjr mís'; gkfly
fd, tkrs gSa vkSj lkFk gh fu"iknu ij fuxjkuh j[kus ds vykok 'ks;j/kkjdksa ds
/ku dks /kkj.kh; rjhds ls vf/kdkf/kd cukus ds vafre y{; ds lkFk ml {ks= ds
dkuwuksa dk vuqikyu djrs gq, vius nSuafnu ds dkjksckj dks vR;ar l{ke]
ikjn'khZ ,oa uSfrd :i ls lapkfyr fd;k tk ldsA ;g ,slh ,d izfØ;k dk
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flLVe esa varfuZfgr ,oa izdV djk, tkrs gSaA
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dkiksZjsV vfHk'kklu 2015&16 ij fjiksVZ
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Øekad funs'kd dk uke Iknuke funs'kd in fu;qfDr dhdk Lo:i rkjh[k
1. Jh Vh lh osadV lqczef.k;u va'k dkfyd xSj&ljdkjh funs'kd ,oa xSj&dk;ZikydxSj&dk;Zikyd v/;{k
Jh egs'k dqekj tSu izfu ,oa eq dk v dk;Zikyd
Jh vkj lqczef.k; dqekj dk;Zikyd funs'kd dk;Zikyd
Jh , ,l jktho dk;Zikyd funs'kd dk;Zikyd
lqJh eqfnrk feJk ljdkjh ukfefr xSj&dk;Zikyd
Jh ch ih fot;sUnz Hkk fj cSad ds ukferh xSj&dk;Zikyd
Jh ih osadV Ñ".k jko dkexkj deZpkjh funs'kd xSj&dk;Zikyd
Jh nhid Mh lear vf/kdkjh deZpkjh funs'kd xSj&dk;Zikyd
Jh fouksn dqekj ukxj 'ks;j/kkjd funs'kd xSj&dk;Zikyd
Jh Jhjke jkepUnzu 'ks;j/kkjd funs'kd xSj&dk;Zikyd
14.08.2015
2. 02.11.2015
3. 22.01.2016
4. 22.01.2016
5. 07.01.2016
6. 23.02.2015
7. 29.05.2013
8. 11.03.2014
9. 01.07.2014
10. 01.07.2014
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ekpZ 31] 2016 dks funs'kd eaMy ds fooj.k fuEuor~ gSa%
funs'kd eaMy dh lajpuk
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100
Corporate Governance is by itself a process by which the
entities are controlled and guided to enhance their wealth
generating capacity in an ethical manner. It acts as a catalyst
between Management, Board, shareholders and other
stakeholders to achieve the set goals of the organization while
abiding the law of the land in conducting its day to day business
in a most efficient, transparent and ethical way with an ultimate
objective of maximizing shareholders' wealth on a sustainable
basis besides monitoring the performance. It is the evolution of
a system by which the values, principles, policies and
procedures are ingrained and manifested in the system in the
most effective way.
In the pursuit of excellence, the Bank endeavors higheststandard of Corporate Governance and committed to itsresponsibilities which is based on total commitment to ethicalpractices in the conduct of business while striving hard toenhance all stakeholders' value by mutual dialogue, respect,clear goals and decisive leadership. The Bank considers itselfas a trustee of all the stakeholders and acknowledges itsresponsibility towards them by creating and safeguarding theirwealth, attained through sound corporate strategies, proactivebusiness plans, policies and procedures to satisfy the ethicaland legal responsibilities. Bank's corporate governanceprinciples are firmly rooted for generating profitable growth withhigh level of disclosure policies adhering to the governancestandards.
REPORT ON CORPORATE GOVERNANCE 2015-16
Bank's Philosophy on Corporate Governance
No. Name of Director Designation Nature ofDirectorship Appointment
Date of
1. Shri T C Venkat Subramanian Part-Time Non-Official Director & Non-Executive 14.08.2015Non-Executive Chairman
2. Shri Mahesh Kumar Jain MD & CEO Executive 02.11.2015
3. Shri R Subramania Kumar Executive Director Executive 22.01.2016
4. Shri A S Rajeev Executive Director Executive 22.01.2016
5. Ms. Mudita Mishra Government Nominee Non-Executive 07.01.2016
6. Shri B P Vijayendra RBI Nominee Non-Executive 23.02.2015
7. Shri P Venkata Krishna Rao Workmen Employee Director Non-Executive 29.05.2013
8. Shri Deepak D. Samant Officer Employee Director Non-Executive 11.03.2014
9. Shri Vinod Kumar Nagar Shareholder Director Non-Executive 01.07.2014
10. Shri Sriram Ramachandran Shareholder Director Non-Executive 01.07.2014
All the directors have been appointed/nominated by the Government of India (GOI) except Shareholder Directors. Shri T M Bhasin
was MD & CEO upto 10.06.2015. Shri B Rajkumar was Executive Director upto 31.05.2015. Dr. N Srinivasa Rao was Government
Nominee Director upto 15.12.2015.
Particulars of Board of Directors as on March 31, 2016 are as under:
2. Composition of Board of Directors:
The Board of Directors comprises of three whole time Directors and seven Non Executive / Independent Directors.
101
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102
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Profile of Directors:
Shri T C Venkat Subramanian,
Shri Mahesh Kumar Jain,
Shri R Subramania Kumar
Shri A S Rajeev,
aged 66 years, was appointed as
Non-Executive Chairman & Non-Official Director of the Bank from
August 14, 2015. He holds B.E. degree and is a Certified Associate of
Indian Institute of Bankers. He has an experience of more than three
decades in the financial sector and retired as Chairman and Managing
Director of Export Import Bank of India. Before joining EXIM Bank of
India in 1982, he worked in Bank of India and IDBI. As a consultant he
helped setting up EXIM Bank of Turkey (Turk Exim Bank). Currently he
is an independent / Non-Executive Director on the Boards of M/s Rolta
India Ltd., M/s STCI Finance Ltd., M/s LIC-Nomura MF Trustee Co.
Pvt. Ltd., AFC India Ltd., Investec Capital Services (India) Pvt Ltd.,
Foundation for Organisation Research & Education (Trust), Delhi
(FORE School of Management). He does not hold any Equity Shares
of the Bank.
aged 54 years assumed charge as MD &
CEO of Indian Bank on November 02, 2015. Prior to this, he was
holding additional charge of MD & CEO from June 11, 2015 to
November 01, 2015. He was Executive Director of the Bank from
September 27, 2013. He holds M.Com., MBA, CAIIB, CFA and FRM
to his academic credit. Prior to joining Indian Bank, he was the
General Manager of Syndicate Bank and has worked in several parts
of the country including Bangalore and Mumbai, handling important
portfolios that include Credit, Operations, Investments, Risk
Management etc., besides serving as Regional Head of Mumbai. Prior
to joining Syndicate Bank, during his service in Punjab National Bank,
he put in place Risk Management Architecture and developed Credit
Rating Models for the Bank. He does not hold any Equity Shares of
Bank.
aged 56 years assumed charge as
Executive Director of the Bank on January 22, 2016. He holds B.Sc.,
CISA, CISM, CAIIB, Post Graduate Diploma in Computer Application
to his academic credit. Prior to joining Indian Bank, he was the
General Manager of Punjab National Bank (PNB). He was
instrumental in establishing PNB's own Data Centre and Information
Security practices. He undertook PNB's “Pragati” transformation
exercise across HR practices/channel, new business initiatives and
introduced many innovative banking solutions across the verticals. He
has worked as Circle Head, Karnataka and served in various position
and geographies during his career spanning 35 years in PNB. His
innovative RRB CBS model was adopted by many other banks. Being
a techno Banker, he has contributed in various IBA & IDRBT
committees on technology and FI and was core member of the Smart
Card and Micro ATM standards committee. He was a guest faculty at
IDRBT, Hyderabad & RBI Staff Training College, Chennai. He holds 75
Equity Shares of the Bank.
aged 51 years assumed charge as Executive
Director of the Bank on January 22, 2016. Prior to joining Indian Bank
he was General Manager & CFO of Vijaya Bank. He is a Fellow
Member of the Institute of Chartered Accountants of India and holds
Diploma in Information System Audit from ICAI, Masters Degree in
Business Administration and CAIIB. He has handled Finance,
Accounts & Taxation, Planning & Development, International Banking /
Treasury, Vigilance and Credit Monitoring & Supervision of Vijaya
Bank. He also headed Chennai & Bangalore North Regions of Vijaya
Bank. Before joining Vijaya Bank, he has worked with Indian Bank
and Syndicate Bank. He has attended various seminars and training
programmes at well reputed Institutions / organizations in India /
Abroad. He does not hold any Equity Shares of the Bank.
103
Ms. Mudita Mishra
Shri B P Vijayendra,
Shri P Venkata Krishna Rao,
Shri Deepak D. Samant,
Shri Padmanaban Vittal Dass,
aged 44 years, was appointed as the GovernmentNominee Director of Indian Bank w.e.f. January 07, 2016. She holdsB.E (Electronics) and MBA (Finance). She has commenced herprofessional career on September 02, 2001 from an organization ofgreat commitment to the Nation – Indian Ordnance Factories Services(Group A). She is presently the Director, Department of FinancialServices, Ministry of Finance, Government of India, New Delhifrom August 2015 for a five year term. She is also a Director in theBoard of Oriental Insurance Company Limited with effect fromDecember 23, 2015. She does not hold any Equity Shares of the Bank.
aged 59 years, was appointed as theRBI Nominee Director of the Bank by the Government of India onFebruary 23, 2015. He holds Master's degree – Economics andCAIIB. He is presently the Principal Chief General Manager of theInspection Department at Reserve Bank of India, Central Office,Mumbai. He has put in 3 decades of service in the RBI and has heldimportant posts in various centres of RBI like Mumbai, Hyderabad,Lucknow and Jaipur. He worked as Regional Director – Rajasthan,CGM of Rural Planning & Credit, Chief General Manager ofDepartment of Banking Supervision and Principal Chief GeneralManager of Department of Currency Management at RBI, CentralOffice, Mumbai. He was a Member of (a) the High Level Committee toreview Lead Bank Scheme, (b) the Task Force to suggest frameworkfor EBT to State Governments, (c) the Financial Inclusion Task Forcefor Rajasthan, (d) RBI's working Group on Currency Management. Hewas a Nomine Director of RBI on the Boards of State Bank of Indore,Dena Bank, UCO Bank and Security Printing and Minting Corporationof India Limited (SPMCIL). He holds 75 Equity Shares of the Bank.
aged 59 years, was appointed as theWorkmen Employee Director of the Bank by the Government of Indiaon May 17, 2013 and assumed charge on May 29, 2013. He joined theservices of the Bank on August 29, 1978. He has a Bachelor's degreein Commerce and CAIIB – I. He is the General Secretary of IBEU (APState), Secretary of FIBEU, the Deputy General Secretary of AndhraPradesh Bank Employees Federation and Central CommitteeMember of AIBEA. Presently he is Special Assistant of NarayanagudaBranch (Hyderabad) of the Bank. He does not hold any Equity Sharesof the Bank.
aged 56 years was appointed as OfficerEmployee Director of the Bank by the Government of India with effectfrom March 11, 2014. He holds B.Sc., CAIIB to his academic credit. Hejoined the Bank as Clerk on August 03, 1984. He was promoted as anOfficer in 1992. During his posting in Delhi zone, he was ExecutiveCommittee member of Indian Bank Officers' Association from 1993 tillhis transfer to Mumbai Zone in 1996. Now, he is the Manager inInspection Centre, Mumbai. After his posting to Mumbai zone, he hasbeen serving the Western Zone Indian Bank Officers' Association invarious capacities since 1996. He is functioning as the GeneralSecretary of Western Zone Indian Bank Officers' Association since2008. He does not hold any Equity Shares of the Bank.
aged 66 years, has been nominatedas a Part Time Non-Official Director on the Board of Bank byGovernment of India for a period of three years with effect fromApril 25, 2016. Shri Padmanaban Vittal Dass, an EconomicsGraduate, was in the services of Government of India betweenJuly 22, 1974 and May 31, 2010 and retired as Special Secretary.In 1986, he became a Law Graduate from the Gujarat University,Ahmedabad. During his official career spanning over 35 years withGovernment of India, he has served at different geographical locationsin the country like New Delhi, Ahmedabad, Bhopal and Mumbai. Aftersuperannuation from Central Government service, he was nominatedas a Member (Personnel & Vigilance) in the Central Board of Excise &Customs. He does not hold any Equity Shares of the Bank.
Jh fouksn dqekj ukxj] 64 o"kZ] dks cSad ds 'ks;j/kkjd&funs'kd ds :Ik esa
tqykbZ 01] 2014 ls 3 o"kksaZ dh vof/k ds fy, fuokZfpr fd;k x;kA ;s flafMdsV
cSad ds lsokfuo``Rr dk;Zikyd funs'kd gSaA ;s ch-VsDLV] foi.ku ,oa fcØh izca/ku
esa LukrdksRrj fMIyksek/kkjd vkSj ,ech, gSaA ;s 25 o"kZ ls vf/kd vof/k ds
vuqHko izkIr dfj;j cSadj gSaA flafMdsV cSad esa dk;ZHkkj xzg.k djus ds igys
bUgksaus iatkc us'kuy cSad esa eq[; egk izca/kd ds :Ik esa dke fd;kA dbZ o"kkZsa
ds fy, bUgksaus {ks=h; izca/kd] {ks=h; xzkeh.k cSad ds v/;{k vkSj vapy izca/kd ds
:Ik esa vxz.kh inksa ij dke fd;kA ;s iatkc us'kuy cSad esa _.k lfefr] fuos'k
lfefr] ekuo lalk/ku izca/ku lfefr] lhch,l dk;kZUo;u ds fy, LVh;fjax
lfefr vkSj mPpre Lrjh; le>kSrk lfefr tSlh lHkh eq[; lfefr;ksa ds lnL;
jgs vkSj buds i;Zos{k.k esa fofHkUu jkT;ksa esa {ks=h; xzkeh.k cSadksa dk lesdu gqvkA
;s vkbZch, esa foRrh; lekos'ku mi&lfefr] {ks=h; xzkeh.k cSadksa ds dk;Z ij
FkksjV lfefr] iatkc jkT; ds fy, ,l,ebZ ij Hkkjrh; fjtoZ cSad }kjk l'kDr
lfefr] xSj&ukxj ea=ky;ksa @ foHkkxksa esa la'kksf/kr izfØ;k dh {kerk dh iqujh{kk
ds fy, foRr ea=ky; }kjk xfBr] mPp Lrjh; lfefr cSadksa }kjk fd;s tkusokys
ljdkjh ysunsu dh leh{kk gsrq for ea=ky; }kjk l`ftr LFkk;h lfefr flfoy
ea=ky;ksa @ foHkkxksa vkfn ls ekU;rk izkIr vkfn izeq[k lfefr;ksa ds lnL; FksA
buds ikl cSad ds 107 'ks;j gSaA
] 36 o"kZ] dks tqykbZ 01] 2014 ls 3 o"kkZsa ds fy, cSad ds
'ks;j/kkjd funs'kd ds :Ik esa fuokZfpr fd;k x;kA ;s lunh ys[kkdkj gSaA
;s Hkkjrh; lunh ys[kkdkj laLFkku] ,Qlhlh, ¼;wds½] lhvkbZ,e, ¼;wds½ ds Qs+yks
lnL; gSa vkSj lwpuk iz.kkyh ys[kk ijh{kk esa fMIyksek /kkjd gSaA budks tksf[ke
ijke'kZ lykg] ys[kk ijh{kk] dj ijke'kZ] bZvkjih ds dk;kZUo;u esa foRrh;
ijke'kZ ,oa foRrh; ijke'kZ ¼tc os MsyksbV] bUQksfll VsDukWythl vkfn esa Fks½
vkfn esa 15 o"kkZsa dk vuqHko izkIr gSA orZeku esa ;s esllZ Jhjke jkepUnzu
,lksfl;sV~l] lunh ys[kkdkj] psUuS esa lk>snkj gSa] ftudk Hkkjr esa 2 dk;kZy; gSa
vkSj fofHkUu O;kikfjd {ks=ksa esa ns'kh vkSj varjkZ"Vªh; xzkgdksa dks ys[kk ijh{kk] dj]
ijke'kZ vkSj foRrh; izca/ku lsok,a iznku djrs gSaA buds ikl cSad ds 500
bZfDoVh 'ks;j gSaA
Jh Jhjke jkepUnzu
cksMZ dh cSBdksa esa funs'kdksa dh mifLFkfr ds fooj.k %
Øe funs'kd dk uke vof/k mudh mifLFkr fiNyhla- dk;kZof/k cSBdsa okf"kZd vke
ds nkSjku cSad esavk;ksftr cSBdas mifLFkfr
cksMZ dh cSBdsa %
1. 14.08.2015 – 31.03.2016 12 12
2. 01.04.2015 – 10.06.2015** 3 3
3. 01.04.2015 – 31.05.2015** 3 3
4. 01.04.2015 – 31.03.2016 16 16
5. 22.01.2016 – 31.03.2016 5 5
6. 22.01.2016 – 31.03.2016 5 5
7. 01.04.2015 – 15.12.2015** 10 7
8. 07.01.2016 - 31.03.2016 6 4
9. 01.04.2015 – 31.03.2016 16 16
10. 01.04.2015 – 31.03.2016 16 16
11. 01.04.2015 – 31.03.2016 16 16
12. 01.04.2015 - 31.03.2016 16 16
13. 01.04.2015 - 31.03.2016 16 16
**
Jh Vh lh osadV lqczef.k;u 14-08-2015 dks cSad esa dk;Zxzg.k
Jh Vh ,e Hklhu 10-06-15 dks dk;Zdky dh lekfIr
Jh ch jktdqekj 31-05-15 dks dk;Zdky dh lekfIr
Jh egs'k dqekj tSu mifLFkr
Jh vkj lqczef.k; dqekj 22-01-2016 dks cSad esa dk;Zxzg.k
Jh , ,l jktho 22-01-2016 dks cSad esa dk;Zxzg.k
MkW ,u Jhfuokl jko mifLFkr ugha
lqJh eqfnrk feJk 07-01-2016 dks cSad esa dk;Zxzg.k
Jh ch ih fot;sUnzk mifLFkr ugha
Jh ih osadV Ñ".k jko mifLFkr ugha
Jh nhid Mh lkear mifLFkr ugha
Jh fouksn dqekj ukxj mifLFkr
Jh Jhjke jkepUnzu mifLFkr
dk;Zdky dh lekfIr
cSad ds funs'kdksa ds chp dksbZ ijLifjd lacaèk ugha gSA
Lora= funs'kdksa dks fn;k x;k çf'k{k.k dk;ZØeksa dk C;kSjk cSad dh osclkbV esa fn;k x;k gSA
jk"Vªh;Ñr cSad ¼izca/ku ,oa fofo/k izko/kku½ ;kstuk 1970 ds varxZr fd, x, U;wure N% ¼6½ cSBdksa dh lkafof/kd izko/kku dh rqyuk esa foRrh; o"kZ2015&16 ds nkSjku cSad dh lksyg ¼16½ cksMZ cSBdsa vk;ksftr dh xbZ Fkha ftlds fooj.k fuEukuqlkj gSa %
www.indianbank.in
17.04.2015 14.05.2015 26.05.2015 23.07.2015 27.08.2015 22.09.2015 22.09.2015* 26/27.10.2015
02.11.2015 07.12.2015 19.01.2016 11.02.2016 08.03.2016 17/18.03.2016 30.03.2016 30.03.2016*
*xzkgd lsok ij vuU; cksMZ dh cSBd
104
Shri Vinod Kumar Nagar, aged 64 years, was elected as aShareholder Director of Indian Bank for a period of 3 years fromJuly 01, 2014. He is a retired Executive Director of Syndicate Bank.He is a B. TEXT, Post Graduate Diploma holder in Marketing andSales Management and also MBA. He was a career banker with morethan 25 years banking experience. Prior to joining Syndicate Bank, heworked in Punjab National Bank as Chief General Manager, NewDelhi. He had worked continuously in No.1 position as RegionalManager, RRB Chairman and as Zonal Manager for several years. Hewas the member of all important committees of the Punjab NationalBank such as Credit Committee, Investment Committee, HumanResources Management Committee and Steering Committee for CBSimplementation and Apex level compromise committee andconsolidation of RRBs in various states took place under hissupervision. He was also a member of various important committeessuch as Sub-Committee on Financial Inclusion in IBA, ThoratCommittee on RRB's functioning, RBI empowered Committee onSME for Punjab State, Apex Committee formed by Ministry of Financeto review the efficacy of revised procedure in Non-Civil
Ministries/Departments, Standing Committee formed by Ministry ofFinance to review the handling of Government Transactions by banksaccredited to Civil Ministries/ Departments, etc. He holds 107 EquityShares of the Bank.
aged 36 years, was elected asShareholder Director of Indian Bank for a period of 3 years fromJuly 01, 2014. He is a practicing CharteredAccountant. He is a FellowMember of the Institute of CharteredAccountants of India, FCCA(UK),CIMA (UK) and also a Diploma holder in Information System Audit. Hehas around 15 years experience comprising of Risk advisoryconsulting, auditing, tax advisory, Functional consulting for ERPimplementation and financial advisory while in service with Deloitte,Infosys Technologies, etc. Currently, he is a Partner in M/s SriramRamachandran Associates, Chartered Accountants, Chennai, whichhas two offices across India providing auditing, taxation, consultancyand financial management services to domestic and internationalclients across various business sectors. He holds 500 Equity Sharesof the Bank.
Shri Sriram Ramachandran
Details of Attendance of the Directors at the Board Meetings
Sl. Name of Director Period Meetings heldduring the
Meetings AttendanceNo. Attended at last
Board Meetings:
period of Annual Generaltheir tenure Meeting
1. Shri T C Venkat Subramanian 14.08.2015 – 31.03.2016 12 12 Joined the Bank on 14.08.2015
2. Shri T M Bhasin 01.04.2015 – 10.06.2015** 3 3 Cessation of tenure on 10.06.2015
3. Shri B Rajkumar 01.04.2015 – 31.05.2015** 3 3 Cessation of tenure on 31.05.2015
4. Shri Mahesh Kumar Jain 01.04.2015 – 31.03.2016 16 16 Attended
5. Shri R Subramania Kumar 22.01.2016 – 31.03.2016 5 5 Joined the Bank on 22.01.2016
6. Shri A S Rajeev 22.01.2016 – 31.03.2016 5 5 Joined the Bank on 22.01.2016
7. Dr. N Srinivasa Rao 01.04.2015 – 15.12.2015** 10 7 Not attended
8. Ms. Mudita Mishra 07.01.2016 - 31.03.2016 6 4 Joined the Bank on 07.01.2016
9. Shri B P Vijayendra 01.04.2015 – 31.03.2016 16 16 Not attended
10. Shri P Venkata Krishna Rao 01.04.2015 – 31.03.2016 16 16 Not attended
11. Shri Deepak D Samant 01.04.2015 – 31.03.2016 16 16 Not attended
12. Shri Vinod Kumar Nagar 01.04.2015 - 31.03.2016 16 16 Attended
13. Shri Sriram Ramachandran 01.04.2015 - 31.03.2016 16 16 Attended
** cessation of tenure
There is no inter se relationship between the directors of the Bank.
The details of familiarization programmes imparted to independent directors are disclosed in Bank's website,
During the Financial Year 2015-16, sixteen (16) Board Meetings were held vis-à-vis the statutory stipulation ofminimum of six (6) meetings in a year under the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970, asdetailed below:
www.indianbank.in.
17.04.2015 14.05.2015 26.05.2015 23.07.2015 27.08.2015 22.09.2015 22.09.2015* 26/27.10.2015
02.11.2015 07.12.2015 19.01.2016 11.02.2016 08.03.2016 17/18.03.2016 30.03.2016 30.03.2016*
*Sequestered Board Meeting on Customer Service.
105
3.
.
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, izca/ku lfefr
ch- ys[kk ijh{kk lfefr
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bZ- xzkgd lsok lfefr
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la- funs'kd dk uke bafM;u cSad ds vykok vU; lwphcn+/k bafM;u cSad dks NksM+dj ys[kk ijh{kk@
daifu;ksa esa funs'kd in/kkfjr dh la- LVsd/kkjd lfefr¼;ksa½ esa
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lfefr esa lnL;½
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daifu;ksa ds fMcsapjksa esa fuos'k
nku ( vkSj
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iwath vkSj jktLo O;; ds ÁLrkoksa gsrq vuqeksnu (
ifjljksa ds vf/kxzg.k vkSj fdjk;s ij ysus gsrq ekunaMksa ls fopyu lfgr
ifjljksa ds vf/kxzgj.k vkSj fdjk;s ij ysus ls lacaf/kr izLrko (
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106
3.
Sl. No. Name of the Committee
The Board has constituted the following committees which provide specific and focused governance in important functional areas
and to oversee the affairs of the Bank
a. Management Committee
b. Audit Committee
c. Risk Management Committee
d. IT Strategy Committee (erstwhile Technology Committee)
e. Customer Service Committee
f. Committee of Directors (Vigilance)
g. Special Committee (Monitoring of Large Value Frauds)
h. Share Transfer Committee
i. Stakeholders Relationship Committee
j. Nomination Committee
k. Remuneration Committee
l. Credit Approval Committee
m. H R Committee
n. Committee for monitoring of Recovery
o. Board Level Appellate Committee for Disciplinary Cases
p. Review Committee for Wilful Defaulters
Committees of the Board
Number of other Boards or Board Committees of listed entities (other than Indian Bank) in which the directors of the Bank
are member / Chairperson:
No. Name of the Director No. of Directorship in listed No. of membership in Audit /
entities other than Indian Bank Stakeholder Committee(s),
excluding Indian Bank
1. Shri. T C Venkat Subramanian One (M/s Rolta India Limited) One (Member in Audit Committee)
2. Shri. Vinod Kumar Nagar One (M/s Rico Auto Industries Limited) Two (Member in Audit Committee and
Stakeholders Relationship Committee)
a) Management Committee:
The Management Committee was constituted on September 8, 1990 and exercises such powers of the Board, as may be delegated
to it by the Board with the approval of the Central Government after consultation with Reserve Bank of India. The Committee may
exercise all the powers vested in the Board in respect of:
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Filing of suits/appeals, defending them etc.;
Investments in Government and other approved
securities, shares and debentures of companies including
underwriting;
Donations ; and
Any other matter referred to the Management Committee
by the Board
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Sanctioning of credit proposals (funded and non-funded);
Loans compromise/write-off proposals;
Proposals for approval of capital and revenue
expenditure;
Proposals relating to acquisition and hiring of premises
including deviation from norms for acquisition and hiring of
premises;
107
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funs'kd dk uke vof/k mudh dk;kZof/k cSBdksa esads nkSjku mifLFkfr
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1. 01.04.2015 – 31.03.2016 12 12
2. 01.04.2015 – 10.06.2015** 1 1
3. 01.04.2015 – 31.05.2015 1 1
4. 22.01.2016 – 31.03.2016 3 3
5. 22.01.2016 – 31.03.2016 3 3
6. 01.04.2015 – 31.03.2016 12 12
7. 14.08.2015 – 23.09.2015 1 1
8. 25.07.2015 – 24.01.2016 6 6
26.03.2016 – 31.03.2016 1 1
9. 01.04.2015 - 24.07.2015 3 3
26.09.2015 - 25.03.2016 5 5
10. 01.04.2015 – 25.09.2015 6 5
25.01.2016 – 31.03.2016 3 3
**
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vkarfjd ys[kk ijh{kdksa ds fu"d"kZ dh iqujh{kk vkSj vkarfjd fu;a=.k
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108
Details ofAttendance of the Directors at the Management Committee Meetings
Name of Director Period
1. Shri Mahesh Kumar Jain - Chairman
Meetings held Meetingsduring the period Attended
of their tenure
01.04.2015 – 31.03.2016 12 12
2. Shri T M Bhasin 01.04.2015 – 10.06.2015** 1 1
3. Shri B Rajkumar 01.04.2015 – 31.05.2015 1 1
4. Shri R Subramania Kumar 22.01.2016 – 31.03.2016 3 3
5. Shri A S Rajeev 22.01.2016 – 31.03.2016 3 3
6. Shri B P Vijayendra 01.04.2015 – 31.03.2016 12 12
7. Shri T C Venkat Subramanian 14.08.2015 – 23.09.2015 1 1
8. Shri P Venkata Krishna Rao 25.07.2015 – 24.01.2016 6 6
26.03.2016 – 31.03.2016 1 1
9. Shri Deepak D Samant 01.04.2015 - 24.07.2015 3 3
26.09.2015 - 25.03.2016 5 5
10.Shri Vinod Kumar Nagar 01.04.2015 – 25.09.2015 6 5
25.01.2016 – 31.03.2016 3 3
** cessation of tenure. Shri T M Bhasin was Chairman of the Committee upto 10.06.2015.
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Review of the major accounting entries based on exercise
of judgment by management and review of significant
adjustments arising out of audit;
Qualifications in the draft audit report;
Establishing and reviewing the scope of the independent
audit including the observations of the auditors and
review of the quarterly, half-yearly and annual financial
statements before submission to the Board;
Post audit discussions with the auditors to ascertain any
area of concern;
Establishing the scope and frequency of internal audit,
reviewing the findings of the internal auditors and
ensuring the adequacy of internal control systems;
Compliance with Accounting Standards and Accounting
Policies of the Bank
Compliance with stock exchange requirements
concerning financial statements, to the extent applicable;
Oversee related party transactions i.e., transactions of the
Bank of material nature, with promoters or management,
their subsidiaries or relatives etc., that may have potential
conflict with the interests of the Bank at large; and
Such other matters as may from time to time be required
by any statutory, contractual or other regulatory
requirements.
The Audit Committee was constituted on October 13, 1995
and its terms of reference include the following:
Provide direction as also oversee the total audit function of
the Bank wh ich impac t the o rgan i za t i on ,
operationalisation and quality control of internal audit and
inspection in the Bank and follow-up on the
statutory/external audit of the Bank and inspections of
the Reserve Bank of India.
Review the internal inspection/audit function in the Bank,
with specific focus on the follow-up on inter-branch
adjustment accounts, unreconciled long outstanding
entries in Inter-Bank accounts and nostro accounts,
arrears in balancing of books at various branches, frauds
and house-keeping.
Review quarterly reports from the Compliance officers
appointed in the Bank and
Follow-up on all the issues raised in the Long Form Audit
Report and interact with the external auditors before the
finalization of the annual/semi-annual financial accounts
and reports.
In terms of the resolution of the Board of Directors dated
November 23, 2006, the scope of reference of the Audit
Committee was enhanced to include the following:
Regular review of accounts, accounting policies,
disclosures;
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b) Audit Committee
109
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Øe funs'kd dk uke vof/k mudh dk;kZof/k cSBdksa esala- ds nkSjku mifLFkfr
vk;ksftr cSBdsa
Jh Jhjke jkepUnzu & v/;{k
lh½ tksf[ke izca/ku lfefr %
1. 01.04.2015 - 31.03.2016 12 12
2. 01.04.2015 – 31.05.2015** 2 2
3. 01.04.2015 – 31.05.2015 2 2
4. 22.01.2016 – 31.03.2016 4 4
5. 22.01.2016 – 31.03.2016 4 4
6. 01.04.2015 – 15.12.2015** 7 7
7. 07.01.2016 – 31.03.2016 5 3
8. 01.04.2015 – 31.03.2016 12 12
**
Jh ch jktdqekj
Jh egs'k dqekj tSu
Jh vkj lqczef.k; dqekj
Jh , ,l jktho
MkW ,u Jhfuokl jko
lqJh eqfnrk feJk
Jh ch ih fot;sUnz
dk;Zdky dh lekfIrA
tksf[ke izca/ku lfefr dk xBu 18 tuojh] 2003 dks fd;k x;k FkkA lfefr ds dk;ksaZ esa fuEufyf[kr 'kkfey gSa %
,dhÑr tksf[ke izca/ku] ftlesa _.k tksf[ke lfgr cSad ds fofHkUu ,Dlikst+j ls lacaf/kr tksf[ke 'kkfey gaS] ds fy, uhfr vkSj j.kuhfr rS;kj djuk
cSad dh _.k tksf[ke izca/ku lfefr ¼lhvkj,elh½] vkfLr ns;rk izca/ku lfefr ¼,,y,elh½ vkSj ifjpkyu tksf[ke izca/ku lfefr ¼vksvkj,elh½ vkSj vU; tksf[kelfefr;ksa ds chp leUo; LFkkfir djukA
lfefr ds nkf;Roksa esa fuEufyf[kr lfEefyr gaS %
ckt+kj tksf[ke ekius] mlds izca/ku vkSj fjiksfVaZx gsrq uhfr;ka vkSj fn'kkfunsZ'k fu/kkZfjr djuk
;g lqfuf'pr djuk fd cktkj tksf[ke izfØ;k,¡ ¼turk] iz.kkfy;ksa] ifjpkyuksa] lhekvksa vkSj fu;a=.kksa lfgr½ cSad dh uhfr dh larqf"V djrh gSaA
fVªxj vFkok O;kikj vkSj izksn~Hkou iksVZQksfy;ks gsrq gkfu jksdus lfgr ckt+kj tksf[ke lhekvksa dh iqujh{kk vkSj vuqeksnuA
vgZ vkSj l{ke LVkQ dh fu;qfDr] vgZ vkSj l{ke LVkQ vkSj Lora= ckt+kj tksf[ke izca/kd@dksa vkfn dh rSukrh lqfuf'pr djukA
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tksf[ke izca/ku lfefr esa funs'kdksa dh mifLFkfr ds fooj.k %
Øe funs'kd dk uke vof/k mudh dk;kZof/k cSBdksa esala- ds nkSjku mifLFkfr
vk;ksftr cSBdsa
Jh Vh lh osadV lqczef.k;u & v/;{k1. 14.08.2015 – 31.03.2016 4 4
2. 01.04.2015 – 31.03.2016 5 5
3. 22.01.2016 – 31.03.2016 2 2
4. 22.01.2016 – 31.03.2016 2 2
5. 01.04.2015 – 31.03.2016 5 5
6. 01.04.2015 – 31.03.2016 5 5
7. 01.04.2015 - 31.03.2016 5 5
8. 01.03.2016 – 31.03.2016 2 2
Jh egs'k dqekj tSu
Jh vkj lqczef.k; dqekj
Jh , ,l jktho
Jh ih osadV Ñ".k jko
Jh nhid Mh lkear
Jh Jhjke jkepUnzu
Jh jkts'k egktu ¼fo'ks"k :i ls vkeaf=r½
110
Details of Attendance of the Directors at the Audit Committee Meetings
Sl. Meetings held Meetings
No. AttendedName of Director Period
Shri Sriram Ramachandran - Chairman
during the period
of their tenure
1. 01.04.2015 - 31.03.2016 12 12
2. Shri B Rajkumar 01.04.2015 – 31.05.2015** 2 2
3. Shri Mahesh Kumar Jain 01.04.2015 – 31.05.2015 2 2
4. Shri R Subramania Kumar 22.01.2016 – 31.03.2016 4 4
5. Shri A S Rajeev 22.01.2016 – 31.03.2016 4 4
6. Dr. N Srinivasa Rao 01.04.2015 – 15.12.2015** 7 7
7. Ms. Mudita Mishra 07.01.2016 – 31.03.2016 5 3
8. Shri B P Vijayendra 01.04.2015 – 31.03.2016 12 12
** cessation of tenure
Risk Management Committee was constituted on January 18, 2003. The functions of the Risk Management Committee include thefollowing:
To devise the policy and strategy for integrated risk management containing various risk exposures of the Bank including theCredit Risk.
To co-ordinate between the Credit Risk Management Committee (CRMC), theAsset Liability Management Committee (ALMC)and Operational Risk Management Committee (ORMC) and other risk committees of the Bank.
The responsibility of the Committee include:
Setting policies and guidelines for market risk measurement, management and reporting.
Ensuring that market risk management processes (including people, systems, operations, limits and controls) satisfyBank's policy.
Reviewing and approving market risk limits, including triggers or stop-losses for traded and accrual portfolios.
Appointment of qualified and competent staff, ensuring posting of qualified and competent staff and of independent marketrisk manager/s etc.
c)Risk Management Committee:
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Details of Attendance of the Directors at the Risk Management Committee Meetings :
Sl. Name of Director PeriodMeetings held Meetings
No.during the period Attended
of their tenure
Shri T C Venkat Subramanian – Chairman1. 14.08.2015 – 31.03.2016 4 4
2. Shri Mahesh Kumar Jain 01.04.2015 – 31.03.2016 5 5
3. Shri R Subramania Kumar 22.01.2016 – 31.03.2016 2 2
4. Shri A S Rajeev 22.01.2016 – 31.03.2016 2 2
5. Shri P Venkata Krishna Rao 01.04.2015 – 31.03.2016 5 5
6. Shri Deepak D Samant 01.04.2015 – 31.03.2016 5 5
7. Shri Sriram Ramachandran 01.04.2015 - 31.03.2016 5 5
8. Shri Rajesh Mahajan (Special Invitee) 01.03.2016 – 31.03.2016 2 2
111
Mh½ vkbZVh j.kuhfr lfefr ¼HkwriwoZ Áks|ksfxdh lfefr½
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izkS|ksfxdh lfefr dk xBu cSad dh izkS|ksfxdh mUu;u vko';drkvksa ij fopkj djus vkSj Li"V ifjHkkf"kr ekbyLVksu ds lkFk j.kuhfrd ;kstuk dh vuq'kalkdjus ds fy, fd;k x;k gSA
bZ½ xzkgd lsok lfefr
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vke O;fDr;ksa ds fgrksa dh j{kk djus ds fy, izfØ;kfof/k;ksa o i)fr;ksa ds ljyhdj.k ij /;ku nsus gsrq (
xzkgdksa dks lsok iznku djus gsrq i)fr;ksa dh iqujh{kk vkSj
Hkkjrh; fjt+oZ cSad }kjk fu/kkZfjr mu fofu;eksa vkSj izfØ;kvksa dh iqujh{kk tksfd cSad dh xzkgd lsok dk vfrØe.k dj jgh gSaA
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vkbZVh j.kuhfr lfefr esa funs'kdksa dh mifLFkfr ds fooj.k %
Øe funs'kd dk uke vof/k mudh dk;kZof/k cSBdksa esala- ds nkSjku mifLFkfr
vk;ksftr cSBdsa
Jh Vh lh osadV lqczef.k;u & v/;{k1. 14.08.2015 – 31.03.2016 3 3
2. 01.04.2015 – 31.03.2016 8 8
3. 22.01.2016 – 31.03.2016 2 2
4. 22.01.2016 – 31.03.2016 2 2
5. 01.04.2015 – 31.03.2016 8 8
6. 01.04.2015 – 31.03.2016 8 8
7. 01.04.2015 - 31.03.2016 8 8
Jh egs'k dqekj tSu
Jh vkj lqczef.k; dqekj
Jh , ,l jktho
Jh ih osadV Ñ".k jko
Jh nhid Mh lkear
Jh Jhjke jkepUnzu
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Øe funs'kd dk uke vof/k mudh dk;kZof/k cSBdksa esala- ds nkSjku mifLFkfr
vk;ksftr cSBdsa
Jh egs'k dqekj tSu & v/;{k1. 01.04.2015– 31.03.2016 4 4
2. 22.01.2016 – 31.03.2016 1 1
3. 22.01.2016 – 31.03.2016 1 1
4. 01.04.2015 – 15.12.2015** 2 -
5. 07.01.2016 – 31.03.2016 2 1
6. 14.08.2015 – 22.09.2015 1 1
7. 01.04.2015– 31.03.2016 4 4
8. 01.04.2015 - 31.03.2016 4 4
9. 01.04.2015 - 31.03.2016 4 4
**
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MkW ,u Jhfuokl jko
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Jh ih osadV Ñ".k jko
Jh nhid Mh lkear
Jh fouksn dqekj ukxj
dk;Zdky dh lekfIrA
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lrdZrk lfefr tuojh 12] 1991 dks xfBr dh xbZ gSA lrdZrk lfefr frekgh esa ,d ckj cSBd djrh gS vkSj yafcr vuq'kklfud ekeyksa vkSj foHkkxh; tkap dh iqujh{kk
djrh gSA funs'kd lfefr dh fVIi.kh] lrdZrk ekeyksa ds v/kZokf"kZd iqujh{k.k gsrq funs'kd eaMy dks izLrqr dh tkrh gSA
112
d) IT Strategy Committee (erstwhile Technology Committee):
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IT Strategy Committee (The Technology Committee of the Board has been renamed as IT Strategy Committee as per thedirections / guidelines of RBI communication DBS.CO.ITC.BC.No.6/31.02.008/2010-11 dated April 29, 2011) was constitutedon March 11, 2002.
The Technology Committee has been set up to look into the technological upgradation requirements of the Bank andrecommend a strategic plan with clearly defined milestones.
e) Customer Service Committee
The Customer Service Committee was constituted on August 24, 2004. The functions of the Customer Service Committee includethe following:
To look into the simplification of procedures and practices with a view to safeguarding the interest of common persons;
To review the systems in place for providing service to the customers ; and
To review the regulations and procedures prescribed by Reserve Bank of India that impinges on customer service of banks.
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Details of Attendance of the Directors at the IT Strategy Committee Meetings
Sl. Name of Director PeriodMeetings held Meetings
No.during the period Attended
of their tenure
Shri T C Venkat Subramanian - Chairman1. 14.08.2015 – 31.03.2016 3 3
2. Shri Mahesh Kumar Jain 01.04.2015 – 31.03.2016 8 8
3. Shri R Subramania Kumar 22.01.2016 – 31.03.2016 2 2
4. Shri A S Rajeev 22.01.2016 – 31.03.2016 2 2
5. Shri P Venkata Krishna Rao 01.04.2015 – 31.03.2016 8 8
6. Shri Deepak D Samant 01.04.2015 – 31.03.2016 8 8
7. Shri Sriram Ramachandran 01.04.2015 - 31.03.2016 8 8
Details of Attendance of the Directors at the Customer Service Committee Meetings
Sl. Name of Director PeriodMeetings held Meetings
No.during the period Attended
of their tenure
1. Shri Mahesh Kumar Jain - Chairman 01.04.2015– 31.03.2016 4 4
2. Shri R Subramania Kumar 22.01.2016 – 31.03.2016 1 1
3. Shri A S Rajeev 22.01.2016 – 31.03.2016 1 1
4. Dr. N Srinivasa Rao 01.04.2015 – 15.12.2015** 2 -
5. Ms. Mudita Mishra 07.01.2016 – 31.03.2016 2 1
6. Shri T C Venkat Subramanian 14.08.2015 – 22.09.2015 1 1
7. Shri P Venkata Krishna Rao 01.04.2015– 31.03.2016 4 4
8. Shri Deepak D Samant 01.04.2015 - 31.03.2016 4 4
9. Shri Vinod Kumar Nagar 01.04.2015 - 31.03.2016 4 4
** cessation of tenure
f) Committee of Directors (Vigilance):
The Vigilance Committee was constituted on January 12, 1991. The Vigilance Committee meets once in a quarter to review any
outstanding disciplinary cases and departmental enquiries. The observation of the Vigilance Committee is put up to the Board in the
half yearly review of vigilance matters.
113
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vk;ksftr cSBdsa
Jh egs'k dqekj tSu & v/;{k1. 01.04.2015 – 31.03.2016 3 3
2. 22.01.2016 – 31.03.2016 - -
3. 22.01.2016 – 31.03.2016 - -
4. 01.04.2015 – 15.12.2015** 2 2
5. 07.01.2016 – 31.03.2016 1 1
6. 01.04.2015 – 31.03.2016 3 3
**
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Jh , ,l jktho
MkW ,u Jhfuokl jko
lqJh eqfnrk feJk
Jh ch ih fot;sUnz
dk;Zdky dh lekfIrA
th½ fo'ks"k lfefr % ¼cMs ewY; dh /kks[kk/kfM;kas dks ekuhVj djus gsrq½
cMs ewY; dh /kks[kk/kfM;kas dks ekuhVj djus gsrq fo'ks"k lfefr esa funs'kdksa dh mifLFkfr ds fooj.k %
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vk;ksftr cSBdsa
Jh Vh lh osadV lqczef.k;u & v/;{k1. 14.08.2015 – 31.03.2016 3 3
2. 01.04.2015 – 10.06.2015** 1 1
3. 01.04.2015 – 31.05.2015** 1 1
4. 01.04.2015 – 31.03.2016 4 4
5. 22.01.2016 – 31.03.2016 - -
6. 22.01.2016 – 31.03.2016 - -
7. 01.04.2015 – 15.12.2015** 3 3
8. 07.01.2016 – 31.03.2016 1 1
9. 01.04.2015 – 31.03.2016 4 4
10. 22.09.2015 – 31.03.2016 3 3
**
Jh Vh ,e Hklhu
Jh ch jktdqekj
Jh egs'k dqekj tSu
Jh vkj lqczef.k; dqekj
Jh , ,l jktho
MkW ,u Jhfuokl jko
lqJh eqfnrk feJk
Jh fouksn dqekj ukxj
Jh Jhjke jkepUnzu
dk;Zdky dh lekfIrA
10-06-2015 rd Jh Vh ,e Hklhu lfefr dk v/;{k jgsA
,p½ 'ks;j varj.k lfefr %
'ks;j varj.k lfefr esa funs'kdksa dh mifLFkfr ds fooj.k
bafM;u cSad ¼'ks;j vkSj cSBd½ fofu;eu] 1999 ds fofu;e 2, ds vuqlkj] 13 ekpZ 2007 dks cSad dh 'ks;j varj.k lfefr xfBr dh xbZA
Øe funs'kd dk uke vof/k mudh dk;kZof/k cSBdksa esala- ds nkSjku mifLFkfr
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Jh vkj lqczef.k;u dqekj & v/;{k1. 22.01.2016 – 31.03.2016 - -
2. 01.04.2015 – 31.05.2015** 1 1
3. 01.04.2015 – 03.11.2015 3 3
4. 22.01.2016 – 31.03.2016 - -
5. 01.04.2015 – 31.03.2016 3 3
6. 01.04.2015 – 31.03.2016 3 3
**
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Jh egs'k dqekj tSu
Jh , ,l jktho
Jh fouksn dqekj ukxj
Jh Jhjke jkepUnzu
dk;Zdky dh lekfIrA
03-11-2015 rd Jh egs'k dqekj tSu lfefr dk v/;{k jgsA
114
Details of Attendance of the Directors at the Vigilance Committee Meetings
Sl. Name of Director PeriodMeetings held Meetings
No.during the period Attended
of their tenure
Shri Mahesh Kumar Jain - Chairman1. 01.04.2015 – 31.03.2016 3 3
2. Shri R Subramania Kumar 22.01.2016 – 31.03.2016 - -
3. Shri A S Rajeev 22.01.2016 – 31.03.2016 - -
4. Dr. N Srinivasa Rao 01.04.2015 – 15.12.2015** 2 2
5. Ms. Mudita Mishra 07.01.2016 – 31.03.2016 1 1
6. Shri B P Vijayendra 01.04.2015 – 31.03.2016 3 3
** cessation of tenure
g) Special Committee (Monitoring of Large Value Frauds):
The Committee was constituted on January 31, 2004 for monitoring frauds of 1 crore and above.`
Details of Attendance of the Directors at the Special Committee (Monitoring of Large Value Frauds) Meetings
Sl. Name of Director PeriodMeetings held Meetings
No.during the period Attended
of their tenure
Shri T C Venkat Subramanian – Chairman1. 14.08.2015 – 31.03.2016 3 3
2. Shri T M Bhasin 01.04.2015 – 10.06.2015** 1 1
3. Shri B Rajkumar 01.04.2015 – 31.05.2015** 1 1
4. Shri Mahesh Kumar Jain 01.04.2015 – 31.03.2016 4 4
5. Shri R Subramania Kumar 22.01.2016 – 31.03.2016 - -
6. Shri A S Rajeev 22.01.2016 – 31.03.2016 - -
7. Dr. N Srinivasa Rao 01.04.2015 – 15.12.2015** 3 3
8. Ms. Mudita Mishra 07.01.2016 – 31.03.2016 1 1
9. Shri Vinod Kumar Nagar 01.04.2015 – 31.03.2016 4 4
10. Shri Sriram Ramachandran 22.09.2015 – 31.03.2016 3 3
** cessation of tenure
Shri. T M Bhasin was Chairman of the Committee upto 10.06.2015.
h) Share Transfer Committee:
Pursuant to Regulation No.2A of Indian Bank (Shares and Meetings) Regulations, 1999, the Share Transfer Committee of the Bankwas constituted on March 13, 2007.
Details of Attendance of the Directors at the Share Transfer Committee Meetings
Sl. Name of Director PeriodMeetings held Meetings
No.during the period Attended
of their tenure
1. Shri R Subramania Kumar - Chairman 22.01.2016 – 31.03.2016 - -
2. Shri B Rajkumar 01.04.2015 – 31.05.2015** 1 1
3. Shri Mahesh Kumar Jain 01.04.2015 – 03.11.2015 3 3
4. Shri A S Rajeev 22.01.2016 – 31.03.2016 - -
5. Shri Vinod Kumar Nagar 01.04.2015 – 31.03.2016 3 3
6. Shri Sriram Ramachandran 01.04.2015 – 31.03.2016 3 3
** cessation of tenure
Shri. Mahesh Kumar Jain was Chairman of the Committee upto 03.11.2015.
115
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LVsd/kkjd laidZ lfefr cSBdksaesa funs'kdksa dh mifLFkfr ds fooj.k
'ks;j/kkjdksa rFkk fuos'kdksa dh f'kdk;rksa ds fuokj.k dk dk;Z laHkkyus gsrq 23 uoacj] 2006 ds izHkko ls ;g lfefr xfBr dh xbZ vkSj bl lfefr dk dk;Z flQZ 'ks;jksa dsvarj.k ykHkka'k] okf"kZd fjiksVZ izkIr ugha gksuss vkSj fdlh izdkj dh f'kdk;rksa rd lhfer ugha gS] cfYd cSad ds fo#) fdlh 'ks;j /kkjd ;k fuos'kd dh f'kdk;rksa dsfuokj.k dk dk;Z Hkh 'kkfey gSA
Øe funs'kd dk uke vof/k mudh dk;kZof/k cSBdksa esala- ds nkSjku mifLFkfr
vk;ksftr cSBdsa
Jh fouksn dqekj ukxj & v/;{k1. 01.04.2015 – 31.03.2016 4 4
2. 01.04.2015 – 03.11.2015 2 2
3. 22.01.2016 – 31.03.2016 1 1
4. 22.01.2016 – 31.03.2016 1 1
5. 01.04.2015 – 31.03.2016 4 4
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ds½ ikfjJfed lfefr %
;g lfefr iw.kZ dkfyd funs'kdksa dks fu"iknu ls lacaf/kr izksRlkgu ds Hkqxrku ds iz;kstukFkZ Hkkjr ljdkj }kjk fu/kkZfjr ekinaMksa ds lsV ds vk/kkj ijiqujh{kk/khu o"kZ ds nkSjku [email protected] funs'kdksa ds fu"iknu dks ewY;kafdr djrh gSaA
Hkkjrh; fjt+oZ cSad] MhchvksMh ds i= chlh-la-47@29-39-001@2007&08 fn-01 uoacj] 2007 esa fn, x, fn'kkfunsZ'kksa ds vuqlkj cSad us] cSad ds 'ks;j/kkjd&funs'kd ds :iesa fuokZpu ds fy, vius ukekadu nk;j djusokyksa dk **ik= ,oa mfpr** LVsVl dk fu/kkZj.k djus ds iz;kstukFkZ mfpr lko/kkuh dk dk;Z fuHkkus gsrq fnlacj 01] 2007 dksukekadu lfefr xfBr dh FkhA fuEufyf[kr funs'kdksa ds lkFk bls twu 11] 2014 dks iqu% xfBr fd;k x;k FkkA
Hkkjr ljdkj ds ukferh funs'kd ¼lfefr dk v/;{k½
va'k&dkfyd xSj ljdkjh funs'kd
'ks;j/kkjd funs'kd
29 ekpZ] 2007 dks ikfjJfed lfefr xfBr dh x;h FkhA le; le; ij Hkkjr ljdkj }kjk bl laca/k esa cuk, x, fu;ekuqlkj izca/k funs'kd ,oa eq-dk-v vkSj dk;Zikydfuns'kdksa dks ikfjJfed ,oa ;k=k vkSj Bgjus gsrq O;; dh izfriwfrZ dk Hkqxrku fd;k tkrk gSA
xSj&dk;Zikyd @ va'kdkfyd xSj&ljdkjh @ Lora= funs'kdksa dks Hkkjr ljdkj ds fn'kkfunsZ'kksa ds vuqlkj cksMZ @ lfefr dh cSBdksa esa 'kkfey gksus ds fy, #i,20]000@& ,oa #i, 10]000@& izfr cksMZ cSBd ,oa lfefr cSBd ds Hkqxrku ds vykok vkSj fdlh izdkj dk ikfjJfed vnk ugha fd;k tkrkA jk"Vªh;Ñr cSad ¼izca/kuvkSj fofo/k izko/kku½ ;kstuk] 1970@1980 ds [kaM 17 dh 'krksaZ ds vuqlkj le; le; ij Hkkjrh; fjt+oZ cSad ds ijke'kZ ls dsUnzh; ljdkj }kjk fy, x, fu.kZ;ksa ds vuqlkjxSj&dk;Zikydksa dks ;k=k ,oa Bgjus gsrq HkRrs lfgr ikfjJfed dk Hkqxrku fd;k tkrk gSA
ikfjJfed lfefr cSBdksa esa funs'kdksa dh mifLFkfr ds fooj.k %
1.
2.
3.
Øe funs'kd dk uke vof/k mudh dk;kZof/k cSBdksa esala- ds nkSjku mifLFkfr
vk;ksftr cSBdsa
Jh Vh lh osadV lqczef.k;u & vè;{k
A
1. 02.11.2015 – 31.03.2016 - -
2. 01.04.2015 – 15.12.2015** 1 1
3. 01.04.2015 – 31.03.2016 1 1
4. 01.04.2015 – 31.03.2016 1 1
5. 01.04.2015 – 01.11.2015 1 1
**
M‚- ,u Jhfuokl jko
Jh ih fot;sUnzk
Jh fouksn dqekj ukxj
Jh Jhjke jkepUnzu
dk;Zdky dh lekfIrA
15-12-2015 M‚- ,u Jhfuokl jko vè;{k jgslfefr ds
116
i) Stakeholders Relationship Committee (erstwhile Shareholders' / Investors' Grievance Committee):
The Committee was constituted with effect from November 23, 2006 to carry out such functions that are required for the redressal ofShareholders' and investors' complaints, including but not limited to transfer of shares, non-receipt of dividends, Annual Report andany other grievance that a shareholder or investor of the Bank may have against the Bank.
Details of Attendance of the Directors at the Stakeholders Relationship Committee Meetings
Sl. Name of Director PeriodMeetings held Meetings
No.during the period Attended
of their tenure
Shri Vinod Kumar Nagar - Chairman1. 01.04.2015 – 31.03.2016 4 4
2. Shri Mahesh Kumar Jain 01.04.2015 – 02.11.2015 2 2
3. Shri R Subramania Kumar 22.01.2016 – 31.03.2016 1 1
4. Shri A S Rajeev 22.01.2016 – 31.03.2016 1 1
5. Shri Sriram Ramachandran 01.04.2015 – 31.03.2016 4 4
j) Nomination Committee:
k) Remuneration Committee :
Details ofAttendance of the Directors at the Remuneration Committee Meetings
The Nomination Committee was constituted on December 01, 2007 by the Bank as per the guidelines of Reserve Bank of Indiacontained in DBOD Letter BC.No.47/29.39.001/2007-08 dated November 01, 2007 for the purpose of carrying out due diligence todetermine the “fit and proper” status of the persons who file their nominations for election as Shareholder Director of the Bank. It wasreconstituted on June 11, 2014 with the following Directors:
1. Government of India Nominee Director (Chairman of the Committee).
2. Part - time Non Official Director
3. Shareholder Director.
There was no meeting of the Committee held during the year 2015-16.
The Remuneration Committee was constituted on March 29, 2007. The Managing Director & CEO and Executive Directors arebeing paid remuneration and reimbursement of their travelling and halting expenses as per the rules framed by Government of Indiain this regard from time to time.
The Non-Executive / Part-time Non-Official / Independent Directors are not being paid any other remuneration, except Sitting Feesfor attending the meetings of the Board/Committee as per the guidelines of Government of India at 20,000/- and 10,000/- perBoard meeting and Committee meeting, respectively. The remuneration including travelling and halting expenses to these Directorsis being paid as decided by the Central Government in consultation with RBI from time to time in terms of Clause 17 of NationalisedBanks (Management and Miscellaneous Provisions) Scheme, 1970 / 1980.
TheCommitteeevaluates theperformanceof theBank/Whole-timeDirectors for theyearunder reviewbasedonasetofparametersas fixedbyGovernmentof India for thepurposeofpaymentofperformance-linkedincentivestoWhole-timeDirectors.
` `
Sl. Name of Director PeriodMeetings held Meetings
No.during the period Attended
of their tenure
Shri T C Venkat Subramanian – Chairman1. 02.11.2015 – 31.03.2016 - -
2. Dr. N Srinivasa Rao 01.04.2015 – 15.12.2015** 1 1
3. Shri B P Vijayendra 01.04.2015 – 31.03.2016 1 1
4. Shri Vinod Kumar Nagar 01.04.2015 – 31.03.2016 1 1
5. Shri Sriram Ramachandran 01.04.2015 – 01.11.2015 1 1
** cessation of tenure
Dr. N. Srinivasa Rao was Chairman of the Committee upto 15.12.2015.
117
,y½ cksMZ dh _.k vuqeksnu lfefr
,e½ ,pvkj lfefr
Jh Vh lh osadV lqczef.k;u v/;{k
Hkkjr ljdkj dh vf/klwpuk ,lvks 2736 ¼bZ½ fnukad fnlacj 05] 2011 ds vuqlkj _.k vuqeksnu lfefr vizSy 04] 2012 dks xfBr dh xbZ rFkk ;g cksMZ dh izca/ku lfefr
ds v/khu eatwjh fudk; gksxhA lfefr esa fuEufyf[kr lnL; gksaxs %
izca/k funs'kd ,oa eq-dk-vf/k
dk;Zikyd funs'kdx.k
_.k ds izHkkjh egk izcU/kd
Vªs'kjh ds izHkkjh egk izcU/kd vkSj
tksf[ke izcU/ku ds izHkkjh egk izcU/kd
;s lnL; _.k izLrko @ le>kSrk izLrko @cV~Vs [kkrs fy[kus ds izLrko vkfn ij Hkkjrh; fjtoZ cSad }kjk fu/kkZfjr <kaps ds vuq:i mudks izR;k;ksftr vf/kdkjksa dk
iz;ksx djsaxsA o"kZ 2015&16 ds nkSjku _.k vuqeksnu lfefr dh 4 cSBds vk;ksftr dh xbZaA
Hkkjr ljdkj ds fnukad ekpZ 21] 2012 dh lwpuk ds funs'kksa ds vuqlkj twu 29] 2012 dks cksMZ dh ,pvkj lfefr dk xBu fd;k x;k tks izR;sd frekgh ds nkSjku ,pvkj
ls lacaf/kr egRoiw.kZ eqn~nksa ij fopkj foe'kZ djsaxs vkSj fu.kZ; djsaxsA ,pvkj lfefr ds fuEufyf[kr lnL; gSa A
Jh egs'k dqekj tSu lnL;
Jh vkj lqczef.k; dqekj lnL;
Jh , ,l jktho lnL;
lqJh eqfnrk feJk lnL;
Jh fouksn dqekj ukxj lnL;
Jh nqoZ nqxkZ izlkn fo'ks"k vkea=h
ekpZ 29] 2016 rd MkW Vh ts deyukHku lfefr ds fo'ks"k vkea=h jgsA
,pvkj lfefr esa funs'kdksa dh mifLFkfr ds fooj.k
(1)
(2)
(3)
(4)
(5)
1. -
2. -
3. -
4. -
5. -
6. -
7. -
Øe funs'kd dk uke vof/k mudh dk;kZof/k cSBdksa esala- ds nkSjku mifLFkfr
vk;ksftr cSBdsa
Jh Vh lh osadV lqczef.k;u & vè;{k1. 14.08.2015 – 31.03.2016 3 3
2. 01.04.2015 – 10.06.2015** 2 2
3. 01.04.2015 – 31.05.2015** 2 2
4. 01.04.2015– 31.03.2016 7 6
5. 22.01.2016– 31.03.2016 2 2
6. 22.01.2016 – 31.03.2016 2 2
7. 01.04.2015 – 15.12.2015** 4 4
8. 07.01.2016 – 31.03.2016 3 1
9. 01.04.2015 – 31.03.2016 7 7
10. 01.04.2015 – 29.03.2016 7 3
11. 30.03.2016 – 31.03.2016 - -
**
Jh Vh ,e Hklhu & v/;{k
Jh ch jktdqekj
Jh egs'k dqekj tSu
Jh vkj lqczef.k; dqekj
Jh , ,l jktho
M‚- ,u Jhfuokl jko
lqJh eqfnrk feJk
Jh fouksn dqekj ukxj
M‚ Vh ts deyukHku ¼fo'ks"k vkea=h ½
Jh nqoZ nqxkZ izlkn ¼fo'ks"k vkea=h ½
dk;Zdky dh lekfIrA
10-06-2015 rd Jh Vh ,e Hklhu lfefr ds v/;{k jgsA
118
I) CreditApproval Committee of the Board :
The Credit Approval Committee was constituted on April 04, 2012 as per the Government of India Notification S.O.2736 (E) dated
December 05, 2011 to be a sanctioning body below Management Committee of the Board. The Committee consists of the following
Members:
(1) Managing Director & CEO,
(2) Executive Directors,
(3) General Manager in charge of Credit,
(4) General Manager in charge of Treasury and
(5) General Manager in charge of Risk Management
to exercise such powers delegated to it by the Board with regard to credit proposals / compromise proposals / write off proposals
within the framework spelt out by Government of India. The Credit Approval Committee of the Board met 4 times during the year
2015-16.
As per the direction of Government of India communication dated March 21, 2012, the HR Committee of the Board was constituted
on June 29, 2012 to discuss and decide upon critical issues in HR every quarter. The following are the members of the HR
Committee:
1.
2. Shri Mahesh Kumar Jain - Member
3. Shri R Subramania Kumar - Member
4. Shri A S Rajeev - Member
5. Ms Mudita Mishra - Member
6. Shri Vinod Kumar Nagar - Member
7. Shri Durv Durga Prasad - Special Invitee
Dr T J Kamalanabhan was Special Invitee to the Committee till March 29, 2016.
m) HR Committee :
Shri T C Venkat Subramanian - Chairman
Details of Attendance of the Directors at the HR Committee Meetings
Sl. Name of Director PeriodMeetings held Meetings
No.during the period Attended
of their tenure
Shri T C Venkat Subramanaian – Chairman1. 14.08.2015 – 31.03.2016 3 3
2. Shri T M Bhasin 01.04.2015 – 10.06.2015** 2 2
3. Shri B Rajkumar 01.04.2015 – 31.05.2015** 2 2
4. Shri Mahesh Kumar Jain 01.04.2015– 31.03.2016 7 6
5. Shri R Subramania Kumar 22.01.2016– 31.03.2016 2 2
6. Shri A S Rajeev 22.01.2016 – 31.03.2016 2 2
7. Dr. N Srinivasa Rao 01.04.2015 – 15.12.2015** 4 4
8. Ms. Mudita Mishra 07.01.2016 – 31.03.2016 3 1
9. Shri Vinod Kumar Nagar 01.04.2015 – 31.03.2016 7 7
10. Dr. T J Kamalanabhan (Special Invitee) 01.04.2015 – 29.03.2016 7 3
11. Shri Durv Durga Prasad (Special Invitee) 30.03.2016 – 31.03.2016 - -
** cessation of tenure
Shri. T M Bhasin was Chairman of the Committee upto 10.06.2015.
119
,u½ olwyh ij fuxjkuh lfefr
olwyh dks ekuhVj djusokyh lfefr esa funs'kdksa dh mifLFkfr ds fooj.k %
Hkkjr ljdkj ds fnukad uoacj 21] 2012 ds i= ,Q la 7@112@2012&chvks, esa fn, x, fn'kkfunZs'kksa ds vuqlkj fnlacj 18] 2012 dks olwyh dks ekuhVj djus ds fy,
olwyh ij fuxjkuh lfefr xfBr dh xbZ rFkk bldk mís'; ekfld vkèkkj ij cSad esa dh xbZ olwyh dh çxfr dks ekuhVj djuk ,oa fofHkUu lfefr;ksa tSls le>kSrk
ijke'kZnk=h lfefr] vkfLr;ksa dh fcØh lfefr vkSj cSad ds vU; {ks= Lrj ds dk;ZdrkZvksa ds dk;Z dh iqujh{kk djuk gSA fuEufyf[kr funs'kdksa ds lkFk bl lfefr dk xBu
fd;k x;k gS %
izca/k funs'kd ,oa eqdkv ¼lfefr ds v/;{k½
dk;Zikyd funs'kdx.k
Hkkjr ljdkj ds ukferh funs'kd
1.
2.
3.
Øe funs'kd dk uke vof/k mudh dk;kZof/k cSBdksa esala- ds nkSjku mifLFkfr
vk;ksftr cSBdsa
Jh egs'k dqekj tSu & v/;{k1. 01.04.2015 – 31.03.2016 7 7
2. 01.04.2015 – 10.06.2015** 1 1
3. 01.04.2015 – 31.05.2015** 1 1
4. 22.01.2016 – 31.03.2016 1 1
5. 22.01.2016 – 31.03.2016 1 1
6. 01.04.2015 – 15.12.2015** 5 5
7. 07.01.2016 – 31.03.2016 2 1
8. 19.01.2016 – 31.03.2016 2 2
**
Jh Vh ,e Hklhu
Jh ch jktdqekj
Jh vkj lqczef.k; dqekj
Jh , ,l jktho
M‚- ,u Jhfuokl jko
lqJh eqfnrk feJk
Jh fouksn dqekj ukxj
dk;Zdky dh lekfIrA
10-06-2015 rd Jh Vh ,e Hklhu lfefr ds v/;{k jgsA
vks½ vuq'kklfud ekeyksa ds fy, cksMZ Lrjh; vihyh; lfefr %
lqJh eqfnrk feJk v/;{k egksn;k
ih½ bjknru pwddrkZvksa ds fy, leh{kk lfefr
vuq'kklfud ekeyksa esa cSad ds çcaèk funs'kd ,oa eq-dk-v ds fu.kZ;ksa ds f[kykQ dh tkus okyh vihyksa ds fy, muls ,d Lrj Åij dh cksMZ Lrjh; vihyh; lfefr dk
xBu 15 fnlacj 2014 dks fd;k x;k A blesa fuEufyf[kr funs'kd 'kkfey gSa %
Jh fouksn dqekj ukxj lnL;
Jh Jhjke jkepUnzu lnL;
2015&16 ds nkSjku lfefr dh dksbZ cSBd vk;ksftr ugha dh xbZA
Hkkjrh; fjtoZ cSad }kjk bjknru pwddrkZvksa ds lacaèk esa fnukad 01 tqykbZ 2014 dks çkIr fn'kkfunZs'kksa ds vuqlkj fnukad 23 tuojh 2015 dks bjknru pwddrkZvksa ds fy,
leh{kk lfefr xfBr dh xbZA
1. -
2. -
3. -
Øe funs'kd dk uke vof/k mudh dk;kZof/k cSBdksa esala- ds nkSjku mifLFkfr
vk;ksftr cSBdsa
Jh egs'k dqekj tSu & v/;{k1. 01.04.2015 – 31.03.2016 3 3
2. 01.04.2015 – 31.03.2016 3 3
3. 01.04.2015 – 31.03.2016 3 3
Jh fouksn dqekj ukxj
Jh Jhjke jkepUnzu
bjknru pwddrkZvksa gsrq vk;ksftr cSBdksa esa leh{kk lfefr ds funs'kdksa dh mifLFkfr dk fooj.k %
120
n) Committee for Monitoring of Recovery :
The Committee for Monitoring of Recovery was constituted on December 18, 2012 as per the guidelines of Government of India
contained in F.No.7/112/2012-BOA dated November 21, 2012 for the purpose of monitoring the progress made by the Bank in
recovery and to review the functioning of various Committees such as Settlement Advisory Committee, Sale of Assets Committee
and other field level functionaries in the Bank. It is constituted with the following Directors:
1. Managing Director & CEO (Chairman of the Committee).
2. Executive Directors.
3. Government of India Nominee Director
Details ofAttendance of the Directors at the Committee for Monitoring of Recovery Meetings
Sl. Name of Director PeriodMeetings held Meetings
No.during the period Attended
of their tenure
Shri Mahesh Kumar Jain – Chairman1. 01.04.2015 – 31.03.2016 7 7
2. Shri T M Bhasin 01.04.2015 – 10.06.2015** 1 1
3. Shri B Rajkumar 01.04.2015 – 31.05.2015** 1 1
4. Shri R Subramania Kumar 22.01.2016 – 31.03.2016 1 1
5. Shri A S Rajeev 22.01.2016 – 31.03.2016 1 1
6. Dr. N Srinivasa Rao 01.04.2015 – 15.12.2015** 5 5
7. Ms. Mudita Mishra 07.01.2016 – 31.03.2016 2 1
8. Shri Vinod Kumar Nagar 19.01.2016 – 31.03.2016 2 2
** cessation of tenure
Shri. T M Bhasin was Chairman of the Committee upto 10.06.2015.
o) Board LevelAppellate Committee for Disciplinary Cases :
p) Review Committee for Wilful Defaulters :
The Board Level Appellate Committee for Disciplinary Cases was constituted on December 15, 2014, one level above the authority
of Managing Director & CEO of the Bank whose decision is appealed against. It is constituted with the following Directors:
1. Ms. Mudita Mishra - Chairperson
2. Shri Vinod Kumar Nagar - Member
3. Shri Sriram Ramachandran - Member
There was no meeting of the Committee held during 2015-16.
The Review Committee for Wilful Defaulters was constituted on January 23, 2015 as per RBI guidelines dated July 01, 2014 on the
concept of willful defaulters.
Sl. Name of Director PeriodMeetings held Meetings
No.during the period Attended
of their tenure
Shri Mahesh Kumar Jain - Chairman1. 01.04.2015 – 31.03.2016 3 3
2. Shri Vinod Kumar Nagar 01.04.2015 – 31.03.2016 3 3
3. Shri Sriram Ramachandran 01.04.2015 – 31.03.2016 3 3
Details of Attendance of the Directors at the Review Committee for Wilful Defaulters Meetings :
121
4- lkekU; cSBdsa
okf"kZd vke cSBd fnu ,oa fnukad le;
5- ÁdVhdj.k
cSad ds 'ks;j/kkjdksa dh fiNyh rhu okf"kZd vke cSBdksa ¼,th,e½ ds fooj.k fuEu izdkj gSa (
lkroha 'kqØokj] 10-00 cts iwokZà best] ,evkjlh uxjtwu 28] 2013 jktk v..kkeySiqje psUuS
vkBoha 'kqØokj] 10-00 cts iwokZà best] ,evkjlh uxjtwu 27] 2014 jktk v..kkeySiqje psUuS
ukSoha 'kfuokj best] ,evkjlh uxjtwu 27] 2015 10-00 cts iwokZà jktk v..kkeySiqje psUuS
okf"kZd vke cSBdksa ds nkSjku dksbZ Hkh fo'ks"k ladYi ikl ugha fd;k x;kA cSad ds nks vafre vlkèkkj.k vke cSBdksa esa fuEufyf[kr fo'ks"k ladYi ikl fd, x, %
,½ o"kZ 2013&14 ds nkSjku] vlkèkkj.k vke cSBd 10 Qjojh] 2014 dks best] ,evkjlh uxj] jktk v..kkeySiqje] psUuS 600028 esa 10-00 cts iwokZà vk;ksftr dh xbZ
ftlesa Hkkjr ljdkj }kjk èkkfjr #i;s 400-00 djksM+ ds fpj vlap;h 'ks;jksa dks #i, 10@& vafdr ewY;okys bZfDoVh 'ks;jksa dks #i;s 114-03 ¼104-03 ds çhfe;e
lesr½ izfr'ks;j ds ewY; ij 3]50]78]488 bZfDoVh 'ks;jksa esa vfèkekuh vkèkkj ij Hkkjr ljdkj ds i{k esa gh ifjofrZr djus gsrq fo'ks"k ladYi ikfjr fd;k x;kA
ch½ o"kZ 2014&15 ds nkSjku] vlkèkkj.k vke cSBd 23 ekpZ] 2015 dks best] ,evkjlh uxj] jktk v..kkeySiqje] psUuS 600028 esa 10-00 cts iwokZà vk;ksftr dh xbZ]
ftlesa Hkkjr ljdkj dks #i;s 10@& vafdr ewY;okys 1]54]43]163 bZfDoVh 'ks;jksa dks #i;s 181-31 ds tkjhdj.k ewY; ¼izfr 'ks;j 171-31 ds izhfe;e dks 'kkfey
djrs gq,½ ij] dqy 280 djksM+ ds 'ks;jksa dks vfèkekuh vkèkkj ij Hkkjr ljdkj ds i{k esa vkcafVr djus gsrq fo'ks"k ladYi ikfjr fd;k x;kA
lh½ Mkd eri= }kjk u gh fiNys o"kZ@fudV Hkfo"; esa dksbZ ladYi ikl fd;k x;k@fd;k tk,xkA
,½ cSad] Hkkjrh; fjtoZ cSad }kjk le;≤ ij vuqc) ^^lacaf/kr ikVÊ ysu&nsuksa^^ dh vko';drkvksa dk vuqikyu djrk jgk gSA cSafdax dkjksckj ds lkekU; O;ogkj
esa vkusokyh enksa ds vykok cSad us vius izorZdksa @ funs'kdksa] izca/ku] mudh vuq"kafx;k¡] vFkok fj'rsnkjksa vkfn ds lkFk fdlh Hkh izdkj ds HkkSfrd izeq[k ysunsuksa esa
Hkkx ugha fy;k gS ftlls cSad ds fgrksa ds lkFk laHkkO;r% Vdjko gksA cSad us vkjihVh ds egRo ij ,oa vkjihVh;ksa ls fuiVku gsrq ,d uhfr fufeZr dh gS] ftls cSad
ds osclkbV ij iksVZ fd;k x;k gSA
ch½ esllZ us'kuy LV‚d ,DLpsat v‚Q bafM;k fyfeVsM ¼,u,lbZ½ ,oa esllZ ch,lbZ fyfeVsM ¼ch,lbZ½ us 01 väwcj 2015 dks cSad ds cksMZ esa efgyk funs'kd dks u
fu;qä fd, tkus ds dkj.k cSad ij vyx&vyx :i ls 1]42]000@& dk tqekZuk yxk;kA ;|fi cSad funs'kdksa ds cksMZ dk xBu cSafdax daiuh ¼vfèkxzg.k ,oa miØeksa
dk gLrkarj.k½ fu;e 1970 ds çkoèkkuksa ds varxZr fd;k x;k gS] ftlds vuqlkj cSad esa efgyk funs'kd dh fu;qfä dk çkoèkku ykxw ugha gSA vr% cSad us nksuksa LV‚d
,DLpsat dks ysoh okil ysus dks dgkA rnuqlkj] cSad us iwath cktkj ls lacafèkr ekeyksa ds leLr vko';drkvksa dk vuqikyu fd;k rFkk fiNys rhu o"kksZa esas cSad ij
dSfiVy LV‚d ,DLpsat vFkok lsch vFkok fdlh vU; lkafofèkd çkfèkdj.k }kjk dksbZ tqekZuk ugha yx;k x;k o dksbZ dVq vkykspuk ugha dh xbZA
lh½ cSad us ^HkkSfrd vuq"kaxh fuèkkZj.k gsrq ,d uhfr^ cukbZ gS ,oa mls cSad ds osclkbV ij Mkyk tkrk gSA cSad esa nks lwphc) vuq"kaxh daifu;k¡ gSa
vFkkZr esllZ baMcSad epZsUV cSafdax lfoZlsl fyfeVsM ,oa esllZ baMcSad gkmflax fyfeVsM vkSj nksuksa ^^HkkSfrd vuq"kaxh daifu;k¡^^ ugha gSaA
Mh½ izca/k funs'kd ,oa eq-dk-v vkSj dk;Zikyd funs'kdksa dks bl laca/k esa Hkkjr ljdkj }kjk cuk, x, fu;eksa ds vuqlkj muds ;k=k ,oa fojke HkRrs ds O;; dh izfriwfrZ
vkSj ikfjJfed vnk fd;k tkrk gS vkSj mudks iznRr ikfjJfed ds fooj.k] cSad ds ys[kk ijhf{kr foRrh; fooj.kksa dh vuqlwph 18 esa izdV fd, x, gSaA
,lksfl,'ku@la?k ds lkFk fd, x, f}i{kh; le>kSrs ds vuqlkj vf/kdkjh&deZpkjh funs'kd vkSj dkexkj deZpkjh funs'kd dks ikfjJfed vkSj muds }kjk dh xbZ
;k=k ds fy, ;k=k ,oa fojke HkRrs vnk fd;s tkrs gSaA xSj dk;Zikydksa @ va'kdkfyd] xSj&vf/kdkjh funs'kdksa dks Hkkjr ljdkj ds fn'kkfunZs'kksasa ds vuqlkj
cksMZ@lfefr dh cSBdksa esa Hkkx ysus ds fy, cSBd 'kqYd 20]000@& ,oa 10]000@& çfr cksMZ dh cSBd ,oa lfefr cSBd] ds vykok dksbZ vU; ikfjJfed vnk ugha
fd;k tkrk vkSj dsUnzh; ljdkj }kjk fu.khZr :i ls le; le; ij Hkkjrh; fjt+oZ cSad ds ijke'kZ ds lkFk jk"Vªh;—r cSad ¼izca/ku ,oa fofo/k izko/kku½;kstuk]
1970@1980 ds [k.M 17 ds vuqlkj ;k=k ,oa fojke O;; lfgr] mudks ikfjJfed vnk fd;k tkrk gSA
bZ½ o"kZ 2015&16 ds nkSjku fdlh çdkj dh i.; ewY; tksf[ke ,oa i.; çfrj{kk xfrfofèk;ka ugha gqbZA
,Q½ cSad cksMZ dk xBu] cksMZ dh ys[kk lfefr ,oa cksMZ dh vU; lfefr ,oa funs'kdksa dks ekuns;] cksMZ@lfefr çfØ;kvksa@lac) ikVÊ laO;ogkj vkfn cSafdax daiuh
¼miØeksa dk vtZu vkSj varj.k½ vfèkfu;e 1970] cSafdax fofue; vfèkfu;e 1949] jk"Vªh;—r cSad ¼çcaèku ,oa fofHkUu çkoèkkuksa½ vfèkfu;e 1970] bafM;u cSad ¼'ks;j
rFkk cSBdsa½ vfèkfu;e 1999] }kjk fu;af=r fd;k tkrk gS] ftlds varxZr Hkkjrh; fjtoZ cSad ,oa Hkkjr ljdkj }kjk le; le; la'kksfèkr fd;k tkrk gS ,oa vko';d
fn'kkfunZs'k fn, tkrs gSa rFkk bl Øe esa lsch ¼,yvksMhvkj½ fofu;eu 2015 ds 15 ls 27 rd ds fofu;eksa ds çkoèkku laxr@ykxw ugha gSaA
LFkkUk
,
,
,
,
,
,
- 600 028
- 600 028
- 600 028
www.indianbank.in
www.indianbank.in
–
122
4. General Body Meetings:
5. Disclosures
The details of the last threeAnnual General Meetings (AGM) of shareholders of the Bank are as follows:
Seventh Friday 10.00 a.m. IMAGE, MRC NagarJune 28, 2013 Raja Annamalaipuram, Chennai - 600 028
Eighth Friday 10.00 a.m. IMAGE, MRC NagarJune 27, 2014 Raja Annamalaipuram, Chennai - 600 028
Ninth Saturday IMAGE, MRC NagarJune 27, 2015 10.30 a.m. Raja Annamalaipuram, Chennai - 600 028
While no special resolutions were passed at the Annual General Meetings, the following special resolutions were passed at the lasttwo Extra Ordinary General Meetings of the Bank:
a) During the year 2013-14, an Extra-ordinary General Meeting was held on February 10, 2014 at IMAGE, MRC Nagar, RajaAnnamalaipuram, Chennai - 600028 at 10.00 a.m. wherein a resolution approving conversion of the entire Perpetual Non-Cumulative Preference Shares amounting to 400.00 crore held by Government of India into 3,50,78,488 equity shares of facevalue of 10/- each at an Issue Price of 114.03 (including premium of 104.03) per share to the Government of India, onpreferential basis was passed as special resolution.
b) During the year 2014-15, an Extra-ordinary General Meeting was held on March 23, 2015 at IMAGE, MRC Nagar, RajaAnnamalaipuram, Chennai - 600028 at 10.00 a.m. wherein a resolution approving preferential allotment of 1,54,43,163 equityshares of face value of 10/- each at an Issue Price of 181.31 (including premium of 171.31) per share amounting to 280.00crore to Government of India on preferential basis was passed as special resolution.
c) No special resolution was / will be passed in the last year / in the recent future through postal ballot.
a. The Bank is complying with the requirements on related party transactions (RPT) as stipulated by Reserve Bank of India fromtime to time. Other than those in the normal course of banking business, the Bank has not entered into any materially significanttransactions with its Promoters / Directors, Management, their subsidiaries, or relatives, etc., that may have potential conflictwith the interests of the Bank at large. Bank has formulated a policy on materiality of RPT and on dealing with RPTs, which isported in Bank's website www.indianbank.in.
b. M/s National Stock Exchange of India Limited (NSE) and M/s BSE Limited (BSE) have levied a fine of 1,42,000/- each on theBank for non-appointment of woman director on the Board of the Bank as on October 01, 2015. However, as the constitution ofthe Board of Directors of the Bank is as per provisions of the Banking Companies (Acquisition and Transfer of Undertakings)Act,1970, the appointment of woman director is not applicable to the Bank. Hence, the Bank has taken up with both the stockexchanges for withdrawal of the levy. Accordingly, the Bank has complied with all requirements regarding capital market relatedmatters and has not been imposed any other penalty or stricture by the stock exchanges or SEBI or any other statutory authorityduring last three years.
c. Bank has formulated a 'Policy for determining material subsidiary' and the same is disclosed in Bank's website, viz.,www.indianbank.in. The Bank is having two listed subsidiary companies viz., M/s Indbank Merchant Banking Services Limitedand M/s Ind Bank Housing Limited and both are not 'material subsidiary companies'.
d. The Managing Director & CEO and Executive Directors are being paid remuneration and reimbursement of their travelling andhalting expenses as per the rules framed by Government of India in this regard and the details of remuneration paid to them aredisclosed under Schedule 18 to the Audited Financial Statements of the Bank. The Officer Employee Director and WorkmenEmployee Director are being paid remuneration and reimbursement of their travelling and halting expenses as per the terms ofBipartite Settlement with the Association / Union. The Non-Executive / Part-time Non-Official Directors / Shareholder Directorsare not being paid any other remuneration, except Sitting Fees for attending the meetings of the Board / Committee as per theguidelines of Government of India at 20,000/- and 10,000/- per Board Meeting and Committee Meeting, respectively and theremuneration including travelling and halting expenses to them is being paid as decided by the Central Government inconsultation with RBI from time to time in terms of Clause 17 of Nationalised Banks (Management and MiscellaneousProvisons) Scheme, 1970 / 1980.
e) There was no commodity price risks and commodity hedging activities during the year 2015-16.
f) The constitution of the Bank's Board, Audit Committee and other committees of the Board and remuneration to the Directors,Board / Committee procedures / Related Party Transactions, etc are governed under the provisions of the Banking Companies(Acquisition and Transfer of Undertakings) Act, 1970, Banking Regulations Act, 1949, Nationalised Banks (Management andMiscellaneous Provisions) Scheme, 1970, Indian Bank (Shares and Meetings) Regulations, 1999, as amended and guidelinesissued by Reserve Bank of India and Government of India from time to time and to that extent some of the provisions of theRegulations 15 to 27 of SEBI (LODR) Regulations, 2015 are not compatible /applicable.
Annual General Meeting Day & Date Time Venue
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123
th½ d‚ikZsjsV xouZsal ds ,d vax Lo:i ,oa vfèkd ls vfèkd ikjnf'kZrk ykus ds fy, ^fof'ky Cyksvj uhfr^ fufeZr dh xbZ ,oa cSad }kjk bls ç;ksx esa yk;k x;k] ftlds
varxZr LVkQ lnL; }kjk vuSfrd O;ogkj] okLrfod ;k lafnXèk èkks[kkèkM+h ;k vkpj.k ;k cSad ds vkpkj lafgrk ds mYya?ku] uhfr fu;e] ds fo"k; esa çcaèku dks
fjiksVZ djus dh O;oLFkk dh xbZ gS ,oa bl lanHkZ esa ys[kk ijh{kk lfefr esa dfeZ;ksa dk ços'k fu"ksèk dj fn;k x;k gSA
cSad us Hkkjrh; çfrHkwfr ,oa fofue; cksMZ ¼lwphc) nkf;Roksa vkSj çdVhdj.k vko';drkvksa½ fofu;e 2015 rFkk LVkWd
,Dlpsatksa ds lkFk fd, x, fyfLVax ,xzhesaVksa ds vuqlkj lHkh iz;ksT; vko';drkvksa dk ikyu fd;k gSA foosdkèkhu vko';drkvksa ds dk;kZUo;u dh lhek uhps
izLrqr gSA
,p½ vfuok;Z ,oa foosdkèkhu vko';drk,a %
,- cksMZ % xSj dk;Zikyd v/;{k dks vf/kdkj gS fd os lwphc) daifu;ksa ds [kpZs ijv/;{k dk dk;kZy; cuk, j[ksa vkSj mUgsa vius dk;ZHkkj ds fuoZgu esa fd, x, O;;ksadh izfriwfrZ Hkh dh tkuh pkfg,A
6- lapkj ds ek/;e
cSad ls lacaf/kr tkudkjh izeq[kr% okf"kZd fjiksVZ }kjk tkjh dh tk,xh ftlesa funs'kd dh fjiksVZ] ys[kkijh{kd dh fjiksVZ] udnh izokg fooj.k] lesfdr ys[kk ijhf{kr ys[ks
vkfn 'kkfey gaSA 'ks;j/kkjdksa dks lekpkj i=ksa esa izdk'ku] LVkWd ,DLkpsatksa dks lwpuk ¼,u,lbZ ,oa ch,lbZ½ izsl foKkfIr;ka] tgk¡ Hkh laHko gks & bZesy] tksfd cSad dh
osclkbV ij miyC/k gksaxs] ds }kjk =Sekfld] v/kZokf"kZd vkSj okf"kZd fu"iknuksa dh tkudkjh nh tk,xhA cSad C;kt njksa esa la'kks/ku] u, mRiknksa ds izoRkZu] ubZ 'kk[kkvksa dk
[kksyk tkuk tSls fofHkUu ifjpkyu ekeyksa ij izsl foKfIr;k¡ tkjh djrk gS tksfd cSad dh osclkbV ij Hkh miyC/k gaSA
cSad us vU; lekpkj i=ksa ds vfrfjDr vius frekgh@Nekgh@okf"kZd foRrh; ifj.kkeksa dks ,d jk"Vªh; ¼vaxzsth½ vkSj ,d LFkkuh; ¼rfey½ lekpkj i= esas uhps fn, x,
fooj.k ds vuqlkj fyfLVax djkj ds Dykt 41 esa vuqc) 'krksZa ds vuqlkj izdkf'kr fd;k gSA o"kZ 2015&16 ds nkSjku fd, x, ,sls çdk'kuksa dk fooj.k fuEukuqlkj gSA
(www.indianbank.in)
vuqikyuvko';drk
cSad dh v/;{krk ,d xSj dk;Zikyd v/;{k }kjk dh tkrh gS tks Hkkjr ljdkj}kjk fu;qDr gksrs gSa vkSj muds }kjk ogu fd, x, O;; dh izfriwfrZ Hkkjrljdkj ds fn'kkfunsZ'kksa ds vuqlkj fd;k tkrk gSA
ch- 'ks;jèkkjd ds vfèkdkj % fiNys N% eghus esa çkIr foÙkh; miyfCèk;ksa dhNekgh ?kks"k.kk lfgr egRoiw.kZ ?kVukvksa dk laf{kIr fooj.k 'ks;jèkkjdksa ds ?kj&?kjrd Hkstk tk ldrk gSA
cSad bl vko';drk dk vuqikyu lqfuf'pr djrk gSA
lh- ys[kk ijh{kk fjiksVZ ij vk'kksfèkr vfHker ¼rsa½ % lwphc) bdkbZ v'kksfèkrys[kk ijh{kk ds lkFk foÙkh; fooj.k dh O;oLFkk dh fn'kk esa vkxs c<+ ldrk gSA
cSad ds foÙkh; fooj.k dk ys[kk ijh{kk fjiksVZ vugZ gSA
Mh- vè;{k ,oa eq[; dk;Zikyd vfèkdkjh ds fy, vyx&vyx in % lwphc)bdkbZ vè;{k ,oa çcaèk funs'kd o eq[; dk;Zikyd vfèkdkjh ds in ijvyx&vyx yksxksa dks fu;qädj ldrk gSA
cSad ds xSj&dk;Zikyd v/;{k ,oa çcaèk funs'kd o eq[; dk;Zikyd vfèkdkjhvyx&vyx gSaA
bZ- vkarfjd ys[kk ijh{kd dh fjiksfVZax % vkarfjd ys[kk ijh{kd lhèks ys[kkijh{kk lfefr dks fjiksVZ dj ldrk gSA
cSad }kjk leorÊ ys[kk ijh{kdksa@'kk[kkvksa dh fujh{kdksa dh fjiksVZ dks lesfdrdjds vkofèkd :i ls ys[kk ijh{kk lfefr dks çLrqr fd;k tkrk gSA
dks lekIr frekgh@Nekgh@o"kZ lekpkj i= Izkdk'ku frfFk
31.03.2015 15.05.2015
15.05.2015
17.05.2015
30.06.2015 24.07.2015
24.07.2015
27.07.2015
30.09.2015 03.11.2015
04.11.2015
04.11.2015
31.12.2015 12.02.2016
12.02.2016
12.02.2016
fnuef.kfctul ykbu
jktLFkku if=dk
fnuef.kfctul ykbu
fct+ul LVSUMMZ ¼fgUnh½
fnuef.kfctul ykbu
fct+ul LVSUMMZ ¼fgUnh½
fnuef.kfctul ykbu
fct+ul LVSUMMZ ¼fgUnh½
cSad us o"kZ ds nkSjku fofHkUu ewY; ls lacafèkr laosnu'khy tkudkjh dh lwpuk LV‚d ,DLpsat ¼,u,lbZ vkSj ch,lbZ½ dks nh gSA
124
g) As a part of Corporate Governance and towards achieving greater transparency, 'Whistle Blower Policy' has been formulated
and put in place by the Bank and in terms of which a mechanism has been established for staff members to report to the
management concerns about unethical behavior, actual or suspected fraud or violation of the Bank's code of conduct or ethics
policy and no personnel has been denied access to theAudit Committee in this regard.
The Bank has complied with all the applicable mandatory requirements as provided in Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Listing Agreement entered into with the Stock
Exchanges. The extent of implementation of discretionary requirements is furnished as under:
h) Mandatory and Discretionary requirements:
A. Board: A non-executive Chairperson may be entitled tomaintain a chairperson's office at the listed entity's expense andalso allowed reimbursement of expenses incurred inperformance of his duties.
6. Means of Communication
Information relating to Bank will be mainly issued through the Annual Report which includes the Directors' Report, Auditors' Report,Cash Flow Statements, ConsolidatedAuditedAccounts, etc. The shareholders will also be intimated on the quarterly, half yearly andannual performance through individual communication, publication in newspapers, intimation to Stock Exchanges (NSE & BSE),press release, presentation, email wherever possible, which is also available on the website of the Bank. The Bank issues pressrelease on various operational matters such as revision in interest rates, launching of new products, opening of new branches, etc.which are also available on the website of the Bank (www.indianbank.in).
The Bank has published its quarterly / half-yearly / annual financial results in one National (English) and one vernacular (Tamil)newspaper as detailed below as per the terms stipulated in Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, in addition to other newspapers. The details of such publications made during the year 2015-16 are as under:
ComplianceRequirement
The Board is chaired by a Non-Executive Chairman appointedby the Government of India and the reimbursement ofexpenses incurred by him is in terms of Government of Indiaguidelines.
B. Shareholder rights: A half-yearly declaration of financialperformance including summary of the significant events in lastsix-months, may be sent to each household of shareholders.
The Bank ensures compliance of the requirement.
C. Modified Opinion(s) in audit report: The listed entity maymove towards a regime of financial statements with unmodifiedaudit opinion.
The audit report on the financial statements of the Bank is
unqualified.
D. Separate posts of Chairperson and Chief ExecutiveOfficer: The listed entity may appoint separate persons to thepost of Chairperson and Managing Director or Chief ExecutiveOfficer.
The Bank is having separate Non-Executive Chairman and
Managing Director & CEO.
E. Reporting of internal auditor: The Internal Auditor mayreport directly to theAudit Committee
The Concurrent Auditors / Inspectors of branches reports areconsolidated and placed before the Audit Committee by theBank periodically.
Quarter / Half-year / Year ended Newspaper Date of publication
31.03.2015 Dhinamani 15.05.2015
Business Line 15.05.2015
Rajasthan Pathrika (Hindi) 17.05.2015
30.06.2015 Dhinamani 24.07.2015
Business Line 24.07.2015
Business Standard (Hindi) 27.07.2015
30.09.2015 Dhinamani 03.11.2015
Business Line 04.11.2015
Business Standard (Hindi) 04.11.2015
31.12.2015 Dhinamani 12.02.2016
Business Line 12.02.2016
Business Standard (Hindi) 12.02.2016
The Bank has also notified the Stock Exchanges (NSE and BSE) various price sensitive information during the year.
125
7- lkekU; 'ks;j/kkjdksa dh tkudkjh
2015-16
bafM;u cSad ds ys[kksa ij fopkj djus oykHkka'k dh ?kks"k.kk ds fy, cksMZ dh cSBd ebZ 11] 2016
okf"kZd lkekU; cSBd dk fnukad] le; vkSj LFkku twu 29] 2016 10-30 cts iwokZàbest v‚fMVksfj;e] ,evkjlh uxj]jktk v..kkeySiqje] psUuS 600 028
foRrh; o"kZ
cgh lekiu rkjh[k twu 25] 2016 ls twu 29] 2016 rd ¼nksuksa fnuksa dks 'kkfey djrs gq,½
2015&16 ds fy, ykHkka'k #- 1-50 ¼# 10@& vafdr ewY;okys izR;sd bZfDoVh 'ks;j ds fy, 15 izfr'kr½
izkDLkh Q+keZ izkIr djus dh vafre rkjh[k twu 24] 2016
ykHkka'kksa ds Hkqxrku dh rkjh[k vkxkeh okf"kZd lkekU; cSBd dh rkjh[k ls 30 fnuksa ds vanj
,
,- LVkWd ,DLkpsatksa ij fyfLVax
Øekad LVkWd ,Dlpsat LVkWd fLØi dksM
ch- vuqikyu vf/kdkjh ¼;ksa½
lh- 'ks;j gLrkarj.k vkSj fuos'kdksa dh f'kdk;rksa dk fuokj.k %
1. INDIANB
2. INDIANB / 532814
,u ,l bZ bZfDoVh
ch ,l bZ bZfDoVh
cSad us o"kZ 2014&15 ds fy, LVkWd ,DLkpsatksa dks fyfLVax 'kqYd dk Hkqxrku fd;k gSA
fuos'kd] vius vuqjks/k @ f'kdk;rksa dks ;k rks 'ks;j gLrkarj.k ,tsaV ds ikl ;k cSad ds ikl fuEufyf[kr irs ij ns ldrs gSa %
dsfe;ks dkWiksZjsV lfoZlst+ fy- daiuh lfpo
;wfuV % bafM;u cSad bafM;u cSad] dkWiksZjsV dk;kZy;
lqczef.k;u fcfYMax bUosLVkj lfoZlst+ lsy
1] Dyc gkml jksM 254&260] vOoS "k.eqxe lkyS
psUuS 600 002 jk;isV~Vk] psUuS 600 001
VsyhQksu % ¼91 44½ 28460718 VsyhQksu % ¼91 44½ 28134076
QSDl % ¼91 44½ 28460129 QSDl % ¼91 44½ 28134075
bZ&esy % bZ&esy %
cSad ds 'ks;j 01 ekpZ] 2007 ds çHkko ls Hkkjrh; us'kuy LV‚d ,DLpsat fyfeVsM ¼esllZ Hkkjrh; us'kuy LV‚d ,DLpsat fyfeVsM] ,Dlpsat Iykt+k] ckaæk dqykZ d‚EIysDl]lh&1] Cy‚d th ] ckaæk ¼iwoÊ eqacbZ½ o ch,lbZ fyfeVsM ¼esllZ ch,lbZ fyfeVsM] ih ts VkolZ] nyky LVªhV] QksVZ] eqacbZ & 400 001½ ds ikl lwphc) gSA ,Dlpsat dsfLØi dksM fuEukuqlkj gSaA
Jh ds Jhfuokl jk?kou] egkçcUèkd ebZ 26] 2015 rd vuqikyu vf/kdkjh ds in ij jgsA Jh oh , ç'kkar] egkçcUèkd dks vuqikyu vf/kdkjh ds :i esa ebZ 27] 2015 lslsch rFkk vU; lkafof/kd izkf/kdkfj;ksa ds fofHkUu izko/kkuksa dk vuqikyu djus gsrq inukfer fd;k x;k gSA Jh , x.ksl jRue] daiuh lfpo dks LVkWd ,Dlpsatksa ds lkFkfy, x, fyfLVax ,fxzesaVksa ds fofHkUu izko/kkuksa ds vuqikyukFkZ vuqikyu vf/kdkjh ds :i esa inukfer fd;k x;k gSA
cSad us 'ks;jksa ds varj.k@çs"k.k ds fy, 'ks;j/kkjdksa ds vuqjks/kksa dks fjdkWMZ djus] fuos'kdksa dh f'kdk;rksa dk fuokj.k djus rFkk 'ks;jksa ds tkjhdj.k ls lacaf/kr vU;dk;Zdykiksa dks laHkkyus ds fy, esllZ dsfe;ks dkiksZjsV lfoZlst+ fy-] psUuS dks 'ks;j gLrkarj.k ,tsaV ds :i esa fu;qDr fd;k gSA fuos'kdksa dh lqfo/kk ds fy,] mudhf'kdk;rsa psUuS fLFkr cSad ds dkWiksZjsV dk;kZy; esa Hkh Lohdkj dh tkrh gaSA
" "
çkIr] fuokj.k dh xbZ ,oa yafcr f'kdk;rksa dh la[;k %
01-04-2015 dks yafcr 01-04-15 ls 31-03-2016 rd izkIr fuokj.k fd, x, 31-03-16 dks yafcr
2015&16 ds nkSjku izkIr ,oa fuokj.k dh xbZ rFkk 31-03-2016 dks yafcr f'kdk;rksa dh la[;k fuEuor~ gS %
0 53 53 0
126
7. General Shareholder Information
Board Meeting for considering accounts of
Indian bank and declaration of dividend May 11 , 2016
Date, Time and venue of AGM June 29, 2016, 10.30 a.m
IMAGE Auditorium, MRC Nagar.
Raja Annamalaipuram, Chennai - 600 028.
Financial Year 2015-16
Book closure dates June 25, 2016 to June 29, 2016 (Both dates inclusive)
Dividend for 2015-16
Last date of receipt of proxy forms June 24, 2016
Date of payment of Dividend Within 30 days from the date of the ensuing Annual General Meeting
` `1.50 (15% on equity share of face value of 10 each)
a. Listing on Stock Exchanges –
b. Compliance Officer(s):
c. Share Transfer & Redressal of Investors’ Grievances:
The Equity Shares of the Bank are listed with the National Stock Exchange of India Limited (M/s National Stock Exchange of India
Limited, Exchange Plaza, Bandra Kurla Complex, C-1, Block “G”, Bandra (East), Mumbai – 400 051) and the BSE Limited
(M/s BSE Limited, P J. Towers, Dalal Street, Fort, Mumbai – 400 001) with effect from March 01, 2007. The Scrip codes of the
respective Stock Exchange are as under:
Shri K Srinivasa Raghavan, General Manager was the Compliance Officer till May 26, 2015. Shri V A Prasanth, General Manager
has been designated as Compliance Officer from May 27, 2015 for complying with various provisions of SEBI and other statutory
authorities. Shri. A. Ganesa Rathnam, Company Secretary has been designated as the Compliance Officer for complying with
various provisions of ListingAgreement entered into with the Stock Exchanges.
The Bank has appointed M/s Cameo Corporate Services Ltd., Chennai, as the Share Transfer Agent for recording of shareholders'
requests for transfer / transmission of shares, resolution of investors' grievances amongst other activities connected with the issue of
shares. For the convenience of investors, grievances / complaints from them are also accepted at the Bank's Corporate Office in
Chennai.
The investors may lodge their requests / complaints either with the Share TransferAgent or with the Bank at the following addresses:
No. Stock Exchange Stock Scrip Code
1. N S E Equity INDIANB
2. B S E Equity INDIANB / 532814
The Bank has paid the listing fees for the year 2015-16 to the stock exchanges.
Cameo Corporate Services Limited
Unit: Indian Bank
Subramanian Building
1, Club House Road
Chennai – 600 002.
Tel: (91 44) 28460718
Fax: (91 44) 28460129
Email:[email protected] Email: [email protected]
Company Secretary
Indian Bank, Corporate Office
Investor Services Cell
254-260, Avvai Shanmugam Salai
Royapettah, Chennai - 600 014.
Telephone : (91 44) 28134076
Fax : (91 44) 28134075
Number of Complaints received, resolved and pending:
The details of complaints received and resolved during 2015-16 and pending as on 31.03.2016 are as follows:
0 53 53 0
Pending as on 01.04.2015 Received from 01.04.2015 to 31.03.2016 Resolved Pending as on 31.03.2016
127
Mh- 31-03-2016 dks 'ks;j/kkfjrk iSVuZ %
31-03-2016 dks 1 izfr'kr rFkk mlls vf/kd 'ks;j /kkj.k djusokys 'ks;j/kkjdksa dh lwph %
la- 'ks;j /kkjdksa dk uke /kkfjr 'ks;jksa dh la[;k dqy /kkfjrk ds rgr izfr'kr
31-03-2016 rd dqy fons'kh /kkfjrk
la- 'ks;j /kkjdksa dk uke /kkfjr 'ks;jksa dh la[;k dqy /kkfjrk ds rgr izfr'kr
dqy
31-03-2016 rd 'ks;j/kkfjrk dk forj.k
laoxZokj %
la- laoxZ /kkfjr 'ks;jksa dh la[;k jkf'k 'ks;j/kkfjrk dk izfr'kr
dqy
( )
1. 394341651 82.10
2. 15071796 3.14
3.
8494231 1.77
4.
8136000 1.69
1. 24243078 5.05
2. 4190730 0.87
3. 754697 0.16
1. 394341651 3943416510 82.10
2.
19864530 198645300 4.13
3. 19090770 190907700 3.97
4. 2690151 26901510 0.56
5. 28433808 284338080 5.92
6. 15870741 158707410 3.32
Hkkjr ljdkj
Hkkjrh; thou chek fuxe
,p,lchlh Xykscy bUosLVesaV Q.M~l] [kkrk ,p,lchlh XykscybUosLVesaV Q.M~l ekjh'kl fy-
,pMh,Q+lh VªLVh daiuh fyfeVsM & [kkrk ,pMh,Q+lhfeM&dSi vkijP;qfuVhl Q.M
fons'kh laLFkkxr fuos'kd
fons'kh ikssVZQksfy;ksa fuos'kd
,uvkjvkbZ
Hkkjr ljdkj
cSad ,oa foRrh; laLFkk,¡
¼dsUnzh; @ jkT; laLFkk,¡½
E;wpqvy Q+.M vkSj ;wVhvkbZ
dkiksZjsV fudk;
,Q+vkbZvkbZ @ ,Q+ihvkbZ
fuoklh gksfYMaXl bR;kfn
29188505 6.08
480291651 4802916510 100.00
`
31-03-2016 rd 'ks;j /kkfjrk dk forj.k %
Òkjr ljdkj
cSad¨a ,oa foŸkh; laLFkk,¡
E;wpqvy QaM~l
d‚i¨ZjsV fudk;
,QvkÃvkÃ
fuoklh g¨fYMaXl bR;kfn
128
d. Shareholding pattern as on 31.03.2016:
List of shareholders holding shares 1% and above as on 31.03.2016:
Total foreign holding as on 31.3.2016:
Distribution of shareholdings as on 31.03.2016:
Category wise:
No. Names of Shareholders No. of shares held % to total holding
No. Category of Shareholders No. of shares held % to total holding
No. Category No. of Shares held Amount ( ) % of Shareholding
1. Government of India 394341651 82.10
2. Life Insurance Corporation of India 15071796 3.14
3. HSBC Global Investment Funds A/c HSBC GlobalInvestment Funds Mauritius Limited 8494231 1.77
4. HDFC Trustee Company Limited – A/cHDFC Mid-Cap Opportunities Fund 8136000 1.69
1. Foreign Institutional Investors 24243078 5.05
2. Foreign Portfolio Investors 4190730 0.87
3. NRIs 754697 0.16
1. Government of India 394341651 3943416510 82.10
2. Banks & Financial Institutions
(Central / State Institutions) 19864530 198645300 4.13
3. Mutual Funds & UTI 19090770 190907700 3.97
4. Bodies Corporate 2690151 26901510 0.56
5. FIIs /FPIs 28433808 284338080 5.92
6. Resident Holdings, etc. 15870741 158707410 3.32
T o t a l 29188505 6.08
TOTAL 480291651 4802916510 100.00
`
129
ekfld mPp ,oa fuEu dksVs'ku ,oa 'ks;jksa dh ek=k
vizSy 2015
ebZ 2015
twu 2015
tqykbZ 2015
vxLr 2015
flracj 2015
vDrwcj 2015
uoacj 2015
fnlacj 2015
tuojh 2016
Qjojh 2016
ekpZ 2016
177.80 137.20 40.34 177.00 138.20 7.50 47.84
170.90 139.10 40.83 171.00 139.25 5.91 46.74
171.40 137.60 16.08 171.00 135.90 2.04 18.12
147.00 127.40 39.00 146.90 127.30 4.51 43.51
168.50 120.00 53.63 168.00 120.00 7.14 60.77
143.75 123.20 30.21 144.00 123.25 3.22 33.43
144.30 123.50 16.98 144.65 124.00 1.84 18.82
140.90 121.95 47.92 141.00 123.10 7.05 54.97
133.15 112.50 27.01 132.70 111.20 3.37 30.38
116.25 87.80 28.26 116.50 88.00 7.62 35.88
93.15 75.50 42.44 93.55 76.00 4.49 46.93
109.40 75.30 83.90 109.00 76.50 8.67 92.57
o"kZ 2015&16 ds nkSjku ,u,lbZ fu¶Vh 50 dh rqyuk esa bfDoVh dk fu"iknu
ekg,u,lbZ ch,lbZ
mPp( )`
fuEu( )`
ek=k ¼la[;k,¡yk[k esa½
mPp( )`
fuEu( )`
ek=k ¼la[;k,¡yk[k esa½
dqyek=k ¼la[;k,¡
yk[k esa½
ewY;okj %
vafdr ewY; ds 'ks;jksa dh 'ks;j/kkfjrk 'ks;j /kkjd 'ks;j
la[;k izfr'kr la[;k izfr'kr
dqy
5000 66982 93.88 78366810 1.63
5001 10000 2478 3.47 18761010 0.39
10001 20000 1014 1.42 14575400 0.30
20001 30000 290 0.41 7255460 0.15
30001 40000 117 0.16 4173750 0.09
40001 50000 98 0.14 4563080 0.09
50001 100000 162 0.23 11816300 0.25
100001 208 0.29 4663404700 97.10
rdlslslslslslsvkSj mlls vf/kd
71349 100.00 4802916510 100.00
'ks;j ewY;
fu¶V
h 50
vÁSy
201
5
eà 2
015
twu
2015
tqykà 2
015
vxLr
201
5
flrac
j 20
15
vDV
wcj 2
015
uoacj
201
5
fnlacj
201
5
tuo
jh 2
016
Qjo
jh 2
016
ekpZ 2
016
ekg
mPp fuEu mPp 'ks;j d¢ fu¶Vh 50 lekIr gksxk AewY; fnu ij
130
Monthly High and low quotation and volume of shares:
April 2015 177.80 137.20 40.34 177.00 138.20 7.50 47.84
May 2015 170.90 139.10 40.83 171.00 139.25 5.91 46.74
June 2015 171.40 137.60 16.08 171.00 135.90 2.04 18.12
July 2015 147.00 127.40 39.00 146.90 127.30 4.51 43.51
August 2015 168.50 120.00 53.63 168.00 120.00 7.14 60.77
September 2015 143.75 123.20 30.21 144.00 123.25 3.22 33.43
October 2015 144.30 123.50 16.98 144.65 124.00 1.84 18.82
November 2015 140.90 121.95 47.92 141.00 123.10 7.05 54.97
December 2015 133.15 112.50 27.01 132.70 111.20 3.37 30.38
January 2016 116.25 87.80 28.26 116.50 88.00 7.62 35.88
February 2016 93.15 75.50 42.44 93.55 76.00 4.49 46.93
March 2016 109.40 75.30 83.90 109.00 76.50 8.67 92.57
Equity Performance in comparison with NSE Nifty 50 during the year 2015-16
MonthN S E B S E
High
( )`
Low
( )`
Volume
(Nos. in lakh)
High
( )`
Low
( )`
Volume
(Nos. in lakh)
Total
Volume
(Nos. in lacs)
Value wise:
Shareholding of Nominal valueShareholders Shares
Nos. %age %age`
`
Upto 5000 66982 93.88 78366810 1.63
5001 – 10000 2478 3.47 18761010 0.39
10001 – 20000 1014 1.42 14575400 0.30
20001 – 30000 290 0.41 7255460 0.15
30001 – 40000 117 0.16 4173750 0.09
40001 – 50000 98 0.14 4563080 0.09
50001 – 100000 162 0.23 11816300 0.25
100001 & above 208 0.29 4663404700 97.10
TOTAL 71349 100.00 4802916510 100.00
131
fuxZe ds fy, c‚UM VªLVh
I.
ii.
1.
2.
cSad us fnukad 28 twu 2010] rFkk 16 tqykbZ 2010 dks tkjh fd, x, Vh;j c‚UM ds fy, c‚UM VªLVh ds :i esa esllZ vkbZMhchvkbZ VªLVhf'ki lfoZlst fyfeVsMeqacbZ dks c‚UMksa ds fuos'kdksa ds fgr dks lqjf{kr ,oa lajf{kr j[kus gsrq fu;qä fd;k gSA fuxZe ds VªLVh;ksa dk irk & esllZ vkbZMhchvkbZ VªLVhf'ki lfoZlst fyfeVsM]Hkwry] ,f'k;u fcfYMax] la-17 vkj] dkeuh jksM] cykMZ ,LVsV] QksVZ] cykMZ ,LVsV] QksVZ] eqacbZ & 400 001
cSad us fnukad ekpZ 29] 2016 dks tkjh fd, x, Vh;j c‚UM ds fy, c‚UM VªLVh ds :i esa esllZ ,fDll VªLVh lfoZlst fyfeVsM eqacbZ dks c‚UMksa ds fuos'kdksa ds fgrdks lqjf{kr ,oa lajf{kr j[kus gsrq fu;qä fd;k gSA fuxZe ds VªLVh;ksa dk irk & esllZ ,fDll VªLVh lfoZlst fyfeVsM] f}rh; rky] bZ] ,fDll gkml c‚Ecs MkbaxfeYl dEikm.M ikaMqjax cqndj ekxZ] eqacbZ 400 025
fyfLVax djkj esa vuqc) fd;s x;s DykWt+ 5, dh vis{kk ds vuqikyu esa bfuf'k;y ifCyd vkWQj esa tkjh fd;s x;s] ijarq cSad rFkk jftLVªkj ds iz;klksa ds ckotwn Hkh vnkohjgusokys 'ks;jksa dks cSad bl iz;kstukFkZ [kksys x;s lLisUl ¼mpar½ [kkrs esa j[krk gSA lLisUl] ¼mpar½ [kkrs esa j[ks x, ,sls 'ks;jksa ds fooj.k fuEuor~ gSa %
o"kZ ds vkjaHk esa cdk;k
gLrkarj.k gsrq laidZ djusokys 'ks;j/kkjdksa dh la[;k
'ks;j/kkjdksa dh la[;k ftUgsa gLrkarfjr fd;s x;s
o"kkZar esa cdk;k
vDrwcj 16] 2006 dks ykxw cSafdax daiuh ¼miØeksa dk vtZu ,oa varj.k½ vkSj foRrh; laLFkk,¡ fu;e ¼la'kks/ku½ vf/kfu;e 2006 us cSafdax daiuh ¼miØeksa dk vtZu ,oavarj.k½ vf/kfu;e] 1970@1980 esa ,d u;h /kkjk 10¼ch½ yxk;k gS ftlesa fuEukuqlkj izko/kku fd;k x;k gS%
?kks"k.kk dh rkjh[k ds 30 fnukasa ds ckn okyh 7 fnuksa dh vof/k ds vanj ;fn fdlh 'ks;j/kkjd us ykHkka'k dks ugha Hkquk;k gS@nkok ugha fd;k gS rks cSad ds pkyw[kkrs esa jgusokyh ,slh jkf'k;k¡] **o"kZ ------ ds fy, bafM;u cSad dk vnRr ykHkka'k** uked i`Fkd [kkrs esa varfjr fd;k tk,A
vnRr ykHkka'k [kkrs esa varfjr dksbZ Hkh jkf'k ;fn ,sls varj.k dh rkjh[k ls 7 o"kksZa dh vof/k ds fy, vnRr jgrh ;k mlds fy, nkok ugha dh tkrh rks mldkvarj.k daiuh vf/kfu;e] 1956 dh mi/kkjk 205 lh ds varxZr LFkkfir fuos'kd f'k{kk vkSj laj{k.k fuf/k ¼vkbZbZih,Q½ dks fd;k tk,A
rnuqlkj] fiNys o"kksZa ds fy, vnRr ykHkka'k dks bafM;u cSad ds vnRr ykHkka'k [kkrs esa varfjr fd;k x;k gS vkSj blds ckn ,sls varj.k dh rkjh[k ls 7 o"kksZa dh vof/k dsfy, vnRr ;k vnkoh jgusokyh jkf'k;ksa dks fuos'kd f'k{kk vkSj laj{k.k fuf/k esa varfjr fd;k tk,xkA rnuqlkj] o"kZ 2007&08 ls lacaf/kr 7-52 yk[k #i, dh vnkohykHkka'k jkf'k dks o"kZ 2015&16 ds nkSjku fuos'kd f'k{kk vkSj laj{k.k fuf/k dks varfjr fd;k x;kA
II
I
,Q½ lLisUl ¼mpar½ [kkrs esa 'ks;j
fooj.k 'ks;j/kkjdksa dh la[;k cdk;k vnRr 'ks;j
th½ nkok ugha fd, x, ykHkka'k
28 4658
4 627
4 627
24 4031
bZ½ 'ks;jksa dk vewrZdj.k¼dkxt+ jfgr djuk½
la[;k QkWeZ 'ks;jksa dh la[;k
dqy
,Q½ cSad us le;≤ ij vifjorZuh; c‚UMksa dks tkjh fd;k gS vkSj ,sls c‚UMksa dk fooj.k fnukad 31 ekpZ 2016 rd fuEukuqlkj gSA
cSad ds 'ks;j esa ysunsu] vfuok;Zr% dkxt+ & jfgr :i esa fd, tkrs gSa rFkk cSad us us'kuy lsD;wfjVht+ fMi‚ft+Vjh+ fyfeVsM ¼,u,lMh,y½ rFkk lsaVªy fMi‚ft+Vjh lsfoZlst+¼bafM;k½ fyfeVsM ¼lhMh,l,y½ ds lkFk djkj fd;k gS rFkk bldk vkbZ,lvkbZ,u] vkbZ,ubZ 562 01011 gSA 31-03-2016 dks dkxt+&jfgr :i esa vkSj dkxt+ ds :i esa/kkfjr 'ks;jksa ds fooj.k fuEuor~ gaS %&
HkkSfrd ¼dkxt ds :i esa½
Mh&esV & ,u,lMh,y ds lkFk
lhMh,lh,y ds lkFk
31 ekpZ 2016 dks fdlh Hkh çdkj dk Xy¨cy fMikftVjh jlhn ;k vesfjdu fMikftVjh jlhn ;k vU; d¨Ã ifjorZuh; fy[kr cdk;k Ukgha FkkA
A
480291651
1. 1520
2. 81954763 480290131
398335368
(%)'k`a[kyk vkcaVu dh rkjh[k ek=k ¼# djksM+ esa½ vofèk ¼eghuksa esa½ dwiu ekspu dh rkjh[k
II 28.06.2010 500.00 120 8.53 28.06.2020
II 16.07.2010 500.00 180 8.67 16.07.2025*
I –
III 29.03.2016 500.00 11.15 -
*
fV;j
fV;j
vfrfjä fV;j
csly dk;kZUo;u LFkk;h
fnukad 16-07-2020 rd d‚y v‚I'ku miyCèk gSA
132
Bond Trustee to the Issue:
i. The Bank has appointed M/s IDBI Trusteeship Services Limited, Mumbai as Bond Trustees to Tier II Bonds issued onJune 28, 2010 and July 16, 2010, to safeguard and to protect the interests of the investors of the Bonds. Address of the Trusteesto the Issue is – M/s IDBI Trusteeship Services Limited, Ground Floor, Asian Building, No.17 R, Kamani Road, Ballard Estate,Fort, Mumbai - 400 001.
ii. The Bank has appointed M/s Axis Trustee Services Limited, Mumbai as Bond Trustees to Additional Tier I Bonds issued onMarch 29, 2016, to safeguard and to protect the interests of the investors of the Bonds. Address of the Trustee to the Issue is –M/s Axis Trustee Services Limited, 2 Floor E, Axis House, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg,Mumbai - 400 025.
In compliance of the requirement stipulated in Regulation 39 of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, the Bank is keeping the shares issued pursuant to the Initial Public Offer, which remain unclaimed despite thebest efforts of the Bank and the Share Transfer Agent in a Suspense Account opened for this purpose. The details of such shareslying in the SuspenseAccount are as under:
The Banking Companies (Acquisition and Transfer of Undertakings) and Financial Institutions Laws (Amendment) Act, 2006, whichhas come into force on October 16, 2006, has inserted a new section 10 B in the Banking Companies (Acquisition and Transfer ofUndertakings)Act, 1970/1980, which provides as under:
1. Within 7 days from the expiry of 30 days from the date of declaration, if any shareholder has not encashed / claimed thedividend, such amounts lying in the bank current account, have to be transferred to a separate account styled “UnpaidDividend of Indian Bank for the year…..”
2. Any money transferred to the Unpaid Dividend account, which remains unpaid or unclaimed for a period of seven yearsfrom the date of such transfer, shall be transferred to the Investor Education and Protection Fund (IEPF) establishedunder sub-section 205C of the CompaniesAct, 1956.
Accordingly, the unpaid dividends of previous years have been transferred to Unpaid Dividend accounts of Indian Bank and hence,such monies remaining unpaid or unclaimed for a period of seven years from the date of such transfer shall be transferred to theInvestor Education and Protection Fund. Accordingly, the unclaimed dividend amounts of 7.94 lakhs pertaining to the year 2007-08was transferred to Investor Education and Protection Fund during the year 2015-16.
nd
g. Shares in SuspenseAccount
Particulars No. of shareholders Shares outstanding
Outstanding at the beginning of the year 28 4658
No. of shareholders approached for transfer 4 627
No. of shareholders to whom shares were transferred 4 627
Outstanding at the end of the year 24 4031
h. Unclaimed Dividend
`
e. Dematerialization of Shares
No. Form No. of shares
480291651
The shares of the Bank are compulsorily traded in dematerialized form and the Bank has entered into agreements with the National
Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) and the ISIN is INE562A01011.As on
March 31, 2016 the details of equity shares held in dematerialised and physical form were as under.
480290131
There was no outstanding Global Depository Receipts or American Depository Receipts or warrants or any convertible instruments
as on March 31, 2016.
1. Physical 1520
2. D-Mat - with NSDL 81954763
with CDSL 398335368
TOTAL
f. The Bank has raised Non-convertible bonds from time to time and the details of such bonds outstanding as on
March 31, 2016 are as under:
Series Date of allotment Size (Rs. in crore) Tenor (in months) Coupon (%) Redemption date
Tier II 28.06.2010 500.00 120 8.53 28.06.2020
Tier II 16.07.2010 500.00 180 8.67 16.07.2025*
Additional Tier I –
Basel III compliant 29.03.2016 500.00 Perpetual 11.15 -
* call option available on 16.07.2020.
133
,sls 'ks;j /kkjd @fuos'kd ftUgksaus viuk ykHkka'k okjaV@/ku okilh vkns'kksa dh HkqukbZ ugha dh gS] ls vuqjks/k gS fd os cSad ds psUuS fLFkr dkWiksZjsV dk;kZy; ds fuos'kd lsokd{k ;k cSad ds 'ks;j varj.k ,stsaV ds ikl varj.k ds fy, fu;r rkjh[k ds igys vius v|ru cukbZ xbZ xzkgd ekLVj lwph@cSad vf/kns'k ds lkFk laidZ djsa rkfdykHkka'k@ /ku okilh dh jkf'k dks muds [kkrs esa tek dh tk ldsaA
mi;qZDr fofu;euksa ds vuqikyu esa cSad us viuh izfrHkwfr;ksa esa Mhfyax djusokys ukeksfí"V deZpkfj;ksa vkSj funs'kdksa ds fy, vkarfjd O;fDr }kjk VsªfMax ij jksd ds fy,
vkpkj lafgrk cukbZ gSA bu fofu;euksa dh 'krksZa dh vis{kkuqlkj cSad ds ukeksfí"V deZpkfj;ksa vkSj funs'kdksa ls vkof/kd tkudkjh izkIr djus ds fy, fofHkUu QkeZ cuk,
x, gSaA vkxs] o"kZ 2015&16 ds nkSjku fuEufyf[kr fooj.kksa ds vuqlkj cSad ds 'ks;jksa esa Mhfyax djus ds fy, ukeksfí"V deZpkfj;ksa vkSj funs'kdksa ds fy, VsªfMax foaMks can
dj fn;k x;k Fkk %
06 ebZ 2015 ls 15 ebZ 2015 rd ekpZ 31] 2015 dks lekIr frekgh ,oa o"kZ ds fy, foRrh; ifj.kkeksa dh ?kks"k.kk ,oa o"kZ 2014&15 gsrqvarfje ykHkka'k dh ?kks"kk.kk
14 ebZ] 2015 ls 25 ebZ] 2015] rd twu 30] 2015 dks lekIr frekgh ds fy, foRrh; ifj.kkeksa dh ?kks"k.kk
16 vDrwcj] 2015 ls 04 uacoj] 2015 rd flrEcj 30] 2015 dks lekIr frekgh @ Nekgh ds fy, foRrh; ifj.kkeksa dh ?kks"k.kk
30 tuojh] 2016 ls 13 Qjojh] 2016 rd fnlEcj 31] 2015 dks lekIr frekgh @ ukS eghuksa ds fy, foRrh; ifj.kkeksa dh ?kks"k.kk
cSad us funs'kd eaMy vkSj ofj"B izca/ku dkfeZdksa ij ykxw vkpkj lafgrk cuk;h gS rFkk funs'kd eaMy us fnukad 29 ekpZ] 2007 dks vk;ksftr viuh cSBd esa bls viukfy;k gS rFkk ckn esa blesa la'kks/ku fd;k x;k gS vkSj funs'kd e.My us 23 fnlEcj 2008 dks mls vuqeksfnr fd;k gS vkSj bls cSad dh osclkbV esa HkhmiyC/k djk fn;k x;k gSA
cSad us lHkh cksMZ lnL;ksa vkSj cSad ds ofj"B izca/ku ds fy, ,d vkpkj lafgrk cuk yh gS rFkk bls cSad dh osclkbV esa Hkh miyC/k djk fn;k x;k gSA
cksMZ ds lnL;ksa vkSj ofj"B izca/ku us vkpkj lafgrk ds vuqikyu dh iqf"V dh gSA
—rs bafM;u cSad
,p½ lsch ¼vkarfjd O;fDr }kjk VªsfMax ij jksd½ fofu;eu 2015 dk vuqikyu%
VsªfMax foaMks can djus dh rkjh[k can djus dk mís';
vkbZ½ vkpkj lafgrk %
?kks"k.kk
egs'k dqekj tSu
izca/k funs'kd ,oa eq-dk-v
www.indianbank.in
fiNys o"kksZa ds fy, vnRr ykHkka'k [kkrksa ds fooj.k rFkk vkbZbZih,Q esa muds varj.k ds fy, fu;r rkjh[k fuEukuqlkj gSa%
varfje ykHkka'k 2008&09 ekpZ 2016
vafre ykHkka'k 2008&09 vxLr 2016
varfje ykHkka'k 2009&10 ekpZ 2017
vafre ykHkka'k 2010&11 tqykbZ 2017
ykHkka'k 2010&11 vxLr 2018
ykHkka'k 2011&12 vxLr 2019
ykHkka'k 2012&13 vxLr 2020
varfje ykHkka'k 2013&14 Qjojh 2021
vafre ykHkka'k 2013&14 vxLr 2021
ykHkka'k 2014&15 vxLr 2022
pwafd vkbZbZih,Q dks varfjr
Øe la- vnRr ykHkka'k ds fooj.k 31-03-2016 dks 'ks"k ¼,½ vkbZbZih,Q dks varj.k ds fy, fu;r rkjh[k
1 7,20,020.00 *
2 8,95,281.00
3 7,56,655.00
4 7,92,740.00
5 12,96,322.50
6 14,61,300.00
7 15,31,437.60
8 10,30,428.00
9 6,00,978.90
10 10,53,838.80
*
134
Such of those shareholders / investors, who are yet to encash their Dividend Warrants / Refund Orders, are requested to approach
Investor Services Cell of the Bank at its Corporate Office, Chennai or the Bank's Share Transfer Agent with their updated Client
Master List / bank mandate before the due date(s) for transfer to enable the Bank to credit their bank accounts with the dividend /
refund amounts.
In pursuance of the above Regulations, the Bank has formulated Code of Conduct for Prevention of Insider Trading for Designated
Persons and Directors for dealing in securities of the Bank. Various forms have been designed to receive periodical information from
the Designated Persons and Directors of the Bank, as required in terms of these Regulations. Further, the Trading Window for
dealing in shares of the Bank was closed for the Directors and Designated Persons of the Bank as per the following details during the
year 2015-16:
From May 06, 2015 to May 15, 2015 Declaration of Financial Results for the quarter and year ended March 31, 2015
and declaration of Dividend for the year 2014-15.
From July 14, 2015 to July 25, 2015 Declaration of Financial Results for the quarter ended June 30, 2015.
From October 16, 2015 to November 04, 2015 Declaration of Financial Results for the quarter / half-year ended
September 30, 2015.
From January 30, 2016 to February 13, 2016 Declaration of Financial Results for the quarter / nine months ended
December 31, 2015.
The Bank has framed the Code of Conduct applicable to Board of Directors and Senior Management Personnel and the same has
been adopted by the Board of Directors at its meeting held on March 29, 2007 and subsequently amended and approved by the
Board of Directors on December 23, 2008 and the same has also been put on the Bank's website viz., www.indianbank.in.
The Bank has laid down a Code of Conduct for all the Board Members and Senior Management of the Bank and the Code is posted
on the website of the Bank.
The Board Members and Senior Management have affirmed compliance to the Code of Conduct.
i. Compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Dates of closure of Trading Window Purpose of Closure
For Indian Bank
j. Code of Conduct
Declaration
Mahesh Kumar Jain
Managing Director & CEO
The details of such Unpaid Dividend accounts of earlier years and the due date for transfer to IEPF are as under:
Sl. No. Details of Unpaid Dividend Balance as on 31.03.2016 ( ) Due Date of Transfer to IEPF`
1 Interim Dividend 2008-09 7,20,020.00 March 2016*
2 Final Dividend 2008-09 8,95,281.00 August 2016
3 Interim Dividend 2009-10 7,56,655.00 March 2017
4 Final Dividend 2009-10 7,92,740.00 July 2017
5 Dividend 2010-11 12,96,322.50 August 2018
6 Dividend 2011-12 14,61,300.00 August 2019
7 Dividend 2012-13 15,31,437.60 August 2020
8 Interim Dividend 2013-14 10,30,428.00 February 2021
9 Final Dividend 2013-14 6,00,978.90 August 2021
10 Dividend 2014-15 10,53,838.80 August 2022
* since transferred to IEPF.
135
izekf.kr fd;k tkrk gS fd
,½ geus o"kZ 2015&16 ds fy, bafM;u cSad ds foRrh; fooj.k ,oa udnh
izokg fooj.kksa dk iqujh{k.k fd;k gS rFkk gekjh loksZRre tkudkjh
vkSj fo'okl ds vuqlkj
bu fooj.kksa esa rkfRod :i ls dksbZ vokLrfod dFku ugha gSa
;k egRoiw.kZ rF; gVk, ugha x;s gSa ;k Hkzetud fooj.k
ugha gSaA
;s fooj.k ,df=r :i ls cSad ds dk;Zdykiksa dk lPpk ,oa
fu"i{k :i fn[kkrs gSa vkSj ;s fo|eku ys[kkdj.k ekud]
iz;ksT; dkuwu ,oa fofu;eu ds vuq:i gSaA
¼ch½ gekjh loksZRre tkudkjh ,oa fo'okl ds vuqlkj bl o"kZ ds
nkSjku cSad us ,sls dksbZ ysunsu ugha fd, gSa tks diViw.kZ]
xSj&dkuwuh gks ;k cSad dh vkpkj lafgrk dk mYya?ku djrk
gks A
¼lh½ ge foRrh; fjiksfVZax ds fy, vkarfjd fu;a=.k LFkkfir djus
,oa vuqjf{kr djus dk nkf;Ro ysrs gSa vkSj geus foRrh;
fjiksfVZax ds laca/k esa cSad ds vkarfjd fu;a=.k ra= dh
izHkkoksRikndrk dk ewY;kadu fd;k gS vkSj vkarfjd fu;a=.k
(
(I)
(ii)
ds :i ;k ifjpkyu esa dfe;k¡] ;fn gksa] ftUgsa ge tkurs gSa
rFkk bu dfe;ksa dks lq/kkjus ds fy, fd, x, dne ;k
izLrkfor dne dh fjiksVZ geus ys[kk ijh{kdksa ,oa ys[kk
ijh{kk lfefr dks ns nh gSA
¼Mh½ geus ys[kk ijh{kdksa vkSj ys[kk lfefr dks fuEufyf[kr ckrksa dh
tkudkjh nh gS%
foRrh; fjiksfVaZx ij vkarfjd fu;a=.k esa o"kZ ds nkSjku egRoiw.kZ
ifjorZuA
o"kZ ds nkSjku ys[kkdj.k uhfr;ksa esa egRoiw.kZ ifjorZu vkSj budk
ÁdVhdj.k] foRrh; fooj.kksa ij fVIif.k;ksa esa fd;k x;k gS] vkSj
/kks[kk/kMa+h dh egRoiw.kZ ?kVukvksa ds ekeys] tks gesa Kkr gq, gSa vkSj
mlesa foRrh; fjiksfVaZx gsrq vkarfjd iz.kkyh esa egRoiw.kZ Hkwfedk
fuHkkus okys deZpkjh ;k izca/ku dk 'kkfey gksuk] ;fn gks] dh
tkudkjhA
(I)
(ii)
(iii)
lsok esa]
funs'kd eaMy
bafM;u cSad
Hkkjrh; izfrHkwfr vkSj fofue; cksMZ ¼fyfLVax djkj rFkk izdVhdj.k
vko';drk,a fofu;eu 2015½ ds fofu;e 17¼8½ ds
vuqlkj lhbZvks ,oa lh,Qvks izek.ki=
¼oh , iz'kkar½
egk Áca/kd ,oa lh,Qvks
¼egs'k dqekj tSu½
Áca/k funs'kd ,oa eq[; dk;Zikyd vfèkdkjh
Lfkku % psUuS
fnukad % ebZ 11] 2016
136
This is to certify that
(a) We have reviewed financial statements and the cash
flow statement of Indian Bank for the year 2015-16
and that to the best of our knowledge and belief:
(i) these statements do not contain any materially
untrue statement or omit any material fact or
contain statements that might be misleading;
(ii) these statements together present a true and
fair view of the Bank’s affairs and are in
compliance with exist ing accounting
standards, applicable laws and regulations.
(b) There are, to the best of our knowledge and belief, no
transactions entered into by the Bank during the year
which are fraudulent, illegal or violative of the Bank’s
code of conduct.
(c) We accept responsibility for establishing and
maintaining internal controls for financial reporting
and that we have evaluated the effectiveness of the
internal control systems of the Bank pertaining to
financial reporting and we have disclosed to the
auditors and the Audit Committee, deficiencies in the
design or operation of such internal controls, if any, of
which we are aware and the steps we have taken or
propose to take to rectify these deficiencies.
(d) We have indicated to the auditors and the Audit
Committee
(i) significant changes in internal control over financial
reporting during the year.
(ii) significant changes in accounting policies during
the year and that the same have been disclosed in
the notes to the financial statements; and
(iii) instances of significant fraud of which we have
become aware and the involvement therein, if any,
of the management or an employee having a
significant role in the Bank’s internal control system
over financial reporting.
To
The Board of DirectorsIndian Bank
CEO & CFO Certificate under Regulation 17(8) of Securities andExchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015
( V A Prasanth )General Manager & CFO
( Mahesh Kumar Jain )Managing Director & CEO
Place : ChennaiDate : May 11, 2016
137
lsok esa
geus 31 ekpZ] 2015 dks lekIr o"kZ ds fy, }kjk LVkWd ,Dlpsatksa
ds lkFk dfFkr cSad ds fyfLVax djkj ds mijkUr Hkkjrh; izfrHkwfr ,oa fofue;
cksMZ ¼ lwphc) nkf;Ro vkSj çdVhdj.k vko';drk,a ½ fofue;eu] 2015 ds
vè;k; esa vuqc) dkiksZjsV vfHk'kklu dh 'krksaZ ds vuqikyu dh tkap dh gSA
dkiksZjsV vfHk'kklu dh 'krksaZ dk vuqikyu] izca/ku dk mRrjnkf;Ro gSA
dkiksZjsV vfHk'kklu dh 'krksaZ dk vuqikyu lqfuf'pr djus ds fy, cSad }kjk
viuk;h x;h izfØ;kfof/k;ksa vkSj muds dk;kZUo;u rd gh gekjh tkap lhfer
FkhA ;g ys[kkijh{kk Hkh ugha gS vkSj u gh ;g cSad ds foRrh; fooj.kksa ij gekjs
er dk izdVhdj.k gSA
gekjh jk; esa vkSj gekjh mRre tkudkjh vkSj gesa fn, x, Li"Vhdj.kksa ds
vuqlkj fyfLVax djkj ds mijkUr Hkkjrh; izfrHkwfr ,oa fofue; cksMZ ¼ lwphc)
bafM;u cSad ds lnL;
bafM;u cSad
IV
nkf;Ro vkSj çdVhdj.k vko';drk,a ½fofue; ] 2015 ds vè;k; esa fufgr
çkoèkku ds vuqlkj dkiksZjsV vfHk'kklu dh 'krksaZ dk vuqikyu fd;k x;k gS] tks
fdlh Hkh funs'kdksa dh fu;qfä esa cSafdax fofu;eu vfèkfu;e] 1949 vkSj cSafdax
daiuh ¼vfèkxzg.k vkSj miØe dk varj.k½ vfèkfu;e] 1970 esa ;Fkk la'kksfèkr dk
mYya?ku ugha djrsA
ge vkxs dgrs gS fd ,slk vuqikyu] u gh cSad dh Hkfo"; dh O;ogk;Zrk dk
vk'oklu gS vkSj u gh cSad ds dk;ksaZ ds lapkyu esa izca/ku dh n{krk ;k
izHkkoksRikndrk gSA
IV
Lfkku psUuS
fnukad
Place : Chennai
Date : May 11, 2016
fonqj iqjh
lk>snkj
¼,e-la-090163½
VIDUR PURI
Partner
M. No.090163
lh ds i`fLV
lk>snkj
¼,e-la-057318½
C. K. PRUSTY
Partner
M. No.057318
Ñrs ,l ih iqjh ,.M daiuh
lunh ys[kkdkj
QeZ dh iathdj.k la- 001152,u
For S. P. PURI & CO.
Chartered Accountants
FR No.001152N
Ñrs lh ds i`fLV ,.M vlksfl;sV~l
lunh ys[kkdkj
QeZ dh iathdj.k la-323220bZ
For C. K. PRUSTY & ASSOCIATES
Chartered Accountants
FR No.323220E
Ñrs in~eukHku je.kh vkSj jkekuqte
lunh ys[kkdkj
QeZ dh iathdj.k la-002510,l
For PADMANABHAN RAMANI & RAMANUJAM
Chartered Accountants
FR No. 002510S
vkj in~eukHku
lk>snkj
¼,e-la-013216½
R. PADMANABHAN
Partner
M. No.013216
Ñrs Ñrs th ckyq vlksfl;sV~l
lunh ys[kkdkj
QeZ dh iathdj.k la-000376,l
For G. BALU ASSOCIATES
Chartered Accountants
FR No.000376S
th ckylqczef.k;u
lk>snkj
¼,e-la-7628½
G. BALASUBRAMANYAN
Partner
M. No.7628
Ñrs izdk'k panz tSu ,.M da
lunh ys[kkdkj
QeZ dh iathdj.k la-002438lh
For PRAKASH CHANDRA JAIN & CO.
Chartered Accountants
FR No.002438C
ih lh ukyok;k
lk>snkj
¼,e-la-033710½
P. C. NALWAYA
Partner
M. No.033710
dkiksZjsV vfHk'kklu ij ys[kk ijh{kdksa dh fjiksVZ
138
To
We have examined the compliance of conditions of
Corporate Governance by for the year ended
on March 31, 2016 as stipulated in Chapter IV of Securities
and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 pursuant
to the Listing Agreement of the said Bank with the Stock
Exchanges.
The compliance of conditions of Corporate Governance is the
responsibility of the Management. Our examination was
limited to procedures and implementation thereof, adopted by
the Bank for ensuring the compliance of the Corporate
Governance. It is neither an audit nor an expression of opinion
on the financial statements of the Bank.
The Members of Indian Bank
INDIAN BANK
In our opinion and to the best of our information and according
to the explanations given to us, we certify that the Bank has
complied with the conditions of Corporate Governance as
stipulated in the provisions as specified in Chapter IV of
Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015 pursuant to
the Listing Agreement of the said Bank with Stock Exchanges
to the extent these do not violate the Banking Regulation Act,
1949 and the Banking Companies (Acquisition and Transfer of
Undertakings) Act, 1970, as amended, in respect of
appointment of Directors.
We further state that such compliance is neither an assurance
as to the future viability of the Bank nor the efficiency or
effectiveness with which the Management has conducted the
affairs of the Bank.
Place : Chennai
Date : May 11, 2016
For S. P. PURI & CO.
Chartered Accountants
FR No.001152N
VIDUR PURI
Partner
M. No.090163
For C. K. PRUSTY & ASSOCIATES
Chartered Accountants
FR No.323220E
C. K. PRUSTY
Partner
M. No.057318
For PADMANABHAN RAMANI & RAMANUJAM
Chartered Accountants
FR No. 002510S
R. PADMANABHAN
Partner
M. No.013216
For G. BALU ASSOCIATES
Chartered Accountants
FR No.000376S
G. BALASUBRAMANYAN
Partner
M. No.7628
For PRAKASH CHANDRA JAIN & CO.
Chartered Accountants
FR No.002438C
P. C. NALWAYA
Partner
M. No.033710
AUDITORS’ CERTIFICATE ON CORPORATE GOVERNANCE
139
This page is intentionally left blank
140
bl i`"B dks tkucw>dj fjä j[kk x;k gSA
141
BALANCE SHEET,
PROFIT AND LOSS ACCOUNT AND SCHEDULES
rqyu i=]
ykHk vkSj gkfu ys[kk vuqlwfp;kavkSj
BALANCE SHEET AS ON MARCH 31, 2016
iw¡th o ns;rk,a
dqy
CAPITAL & LIABILITIES
TOTAL 203710 38 20 192835 97 31
ASSETS
TOTAL 203710 38 20 192835 97 31
iwath
vkjf{kfr;ka vkSj vf/k'ks"k
tek,a
m/kkj
vU; ns;rk,a vkSj izko/kku
Hkkjrh; fjt+oZ cSad esas udn vkSj vf/k'ks"k
cSadksa esa 'ks"k ,oa ekax rFkk vYi lwpuk ij izkI; /kujkf'k
fuos'k
vfxze
vpy vkfLr;ka
vU; vkfLr;ka
vkdfLed ns;rk,a
laxzg.k ds fy, fcy
Capital 1 480 29 17 480 29 17
Reserves and Surplus 2 15779 48 51 14615 18 10
Deposits 3 178285 84 26 169225 27 17
Borrowings 4 3509 31 65 2646 09 34
Other Liabilities & Provisions 5 5655 44 61 5869 13 53
Cash & Balances with R B I 6 9174 45 13 8301 06 99
Balances with Banks and Money at Call and Short Notice 7 2824 83 94 4780 10 36
Investments 8 53089 31 36 45728 32 15
Advances 9 129049 07 63 125863 54 58
FixedAssets 10 3511 07 20 2968 72 85
OtherAssets 11 6061 62 94 5194 20 38
Contingent Liabilities 12 29752 52 28 38037 67 89
Bills for Collection - 3150 61 02 2990 96 42
dqy
vkfLr;ka
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dksSchedule
( in Thousands)`
( )` gtkjksa esa
egRoiw.kZ ys[kkdj.k uhfr;ka
ys[kksa ij fVIif.k;k¡
Åij mfYyf[kr vuqqlwfp;k¡] rqyu i= ds vafHkUu vax gSa
SignificantAccounting Policies 17
Notes onAccounts 18
Schedules referred to above form an integral part of the Balance Sheet
fooj.k PARTICULARS
31 ekpZ 2016 dh fLFkfr ds vuqlkj rqyu i=
vuqlwph la-
funs'kd DIRECTORS
ch ih fot;sUnz ih osadV Ñ".k jko nhid Mh lkearB P VIJAYAENDRA P VENKATA KRISHNA RAO DEEPAK D SAMANT
VINOD KUMAR NAGARin~eukHku foV~By nkl fouksn dqekj ukxj Jhjke jkepUnzuPADMANABAN VITTAL DASS SRIRAM RAMACHANDRAN
lkafof/kd dsUnzh; ys[kk ijh{kd STATUTORY CENTRAL AUDITORSlkafof/kd dsUnzh; ys[kk ijh{kd
Ñrs ,l ih iqjh ,.M daiuh
lunh ys[kkdkj,Qvkj la-
For S.P. PURI & CO.
Chartered Accountants
FR No.001152N
fonqj iqjh
lk>snkj¼,e-la- ½
VIDUR PURIPartner
M. No 090163lk>snkj
¼,e-la- ½
lh ds i`LrhC K PRUSTY
Partner
M. No 057318
vkj in~eukHku
lk>snkj¼,e-la- ½
R PADMANABHANPartner
M. No 013216
Ñrs th ckyq vlksfl;sV~lFor G BALU ASSOCIATES
lunh ys[kkdkj,Qvkj la-
Chartered Accountants
FR No.000376S
th ckylqcze.;u
¼,e-la- ½
G BALASUBRAMANYAN
lk>snkj Partner
M. No 7628
Ñrs izdk'k pUnz tSu ,.M daiuhFor PRAKASH CHANDRA JAIN & CO
lunh ys[kkdkj,Qvkj la-
Chartered Accountants
FR No.002438C
Ikh lh uyok;k
¼,e-la- ½
P C NALWAYA
lk>snkj Partner
M. No 033710LFkku % psUuSPlace : Chennai
fnukad % Date : 11-05-2016
Ñrs in~eukHku je.kh vkSj jkekuqte
lunh ys[kkdkj,Qvkj la-
For PADMANABHAN RAMANI & RAMANUJAMChartered Accountants
FR No.002510S
Ñrs lh ds i`fLV ,.M vlksfl;sV~l
lunh ys[kkdkj,Qvkj la-
For C. K. PRUSTY & ASSOCIATESChartered Accountants
FR No.323220E
Vh lh osadV lqczef.k;u
xSj&dk;Zikyd v/;{kT C VENKAT SUBRAMANIAN
NON EXECUTIVE CHAIRMAN
egs'k dqekj tSu
çcaèk funs'kd ,oa eq[; dk;Zikyd vfèkdkjhMAHESH KUMAR JAIN
MANAGING DIRECTOR & CEO
oh- ,- Á'kkar
ÁcaËkdV A PRASANTH
egkGENERAL MANAGER
, ,l jkthoA S RAJEEVdk;Zikyd funs'kd
EXECUTIVE DIRECTOR
vkj lqczef.k; dqekjR SUBRAMANIA KUMAR
dk;Zikyd funs'kdEXECUTIVE DIRECTOR
As per our report of even date attached
142
Ñrs in~eukHku je.kh vkSj jkekuqte
lunh ys[kkdkj,Qvkj la-
For PADMANABHAN RAMANI & RAMANUJAMChartered Accountants
FR No.002510S
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2016
I. INCOME
TOTAL 18025 19 98 17216 29 64
II. EXPENDITURE
TOTAL 17313 81 64 16211 12 21
III. PROFIT/LOSS
TOTAL 806 42 09 1098 05 26
IV. APPROPRIATIONS
Transfer to :
TOTAL 806 42 09 1098 05 26
vftZr C;ktvU; vk;
O;; fd;k x;k C;ktifjpkyuxr O;;izko/kku ,oa vkdfLedrk;sa
o"kZ ds fy, fuoy ykHk @gkfu ¼&½vxzkuhr ykHk @ gkfu ¼&½
lkafof/kd izkjf{kr fuf/kiw¡th fjt+oZ/kkjk 36¼1½ ¼ ½ ds varxZr fo'ks"k fjt+oZjktLo fjt+oZLVkQ dY;k.k fuf/kbZfDoVh ykHkka'kykHkka'k forj.k djykHk dk 'ks"k tks rqyu i= dks vxzkuhr fd;k x;k gS
izfr 'ks;j vtZu esa ¼vk/kkjHkwr vkSj de fd;k x;k½
vk; %
dqqyO;;
dqyykHk @gkfu
dqyfofu;kstufuEufyf[kr dks varfjr
Interest earned 13 16243 78 35 15852 93 99
Other Income 14 1781 41 63 1363 35 65
Interest expended 15 11797 60 39 11391 65 46
Operating expenses 16 3195 50 35 2810 92 59
Provisions & Contingencies - 2320 70 90 2008 54 16
Net Profit/Loss(-) for the year 711 38 34 1005 17 43
Profit/Loss(-) Brought forward 95 03 75 92 87 83
Statutory Reserves 177 85 00 251 50 00
Capital Reserves 22 47 64
viii Special Reserves u/s 36(1)(viii) 28 02 00 43 50 00
Revenue Reserves 375 00 00 445 00 00
Staff Welfare Fund 20 00 00 20 00 00
Equity Dividend 72 04 37 201 72 25
Dividend Distribution Tax 14 66 67 41 29 26
Bal. carried over to Balance Sheet 96 36 41 95 03 75
Earnings Per Share in Rs. (basic & diluted) 18 (9.7) 14.81 21.62
%
dqy
`
dqy
Y E 31.03.2016 Y E 31.03.2015Schedule
egRoiw.kZ ys[kkdj.k uhfr;kays[kksa ij fVIif.k;k¡Åij mfYyf[kr vuqqlwfp;k¡] rqyu i= ds vafHkUu vax gSa
SignificantAccounting Policies 17Notes onAccounts 18
Schedules referred to above form an integral part of the Balance Sheet
( in Thousands)`
( )` gtkjksa esa31 ekpZ 2016 dks lekIr o"kZ ds fy, ykHk o gkfu ys[kk
fooj.k PARTICULARSvuqlwph la- 31.03.2016 dks 31.03.2015 dks
funs'kd DIRECTORS
ch ih fot;sUnz nhid Mh lkearB P VIJAYAENDRA P VENKATA KRISHNA RAO DEEPAK D SAMANTih osadV Ñ".k jkoPADMANABAN VITTAL DASS VINOD KUMAR NAGAR SRIRAM RAMACHANDRANin~eukHku foV~By nkl fouksn dqekj ukxj Jhjke jkepUnzu
lkafof/kd dsUnzh; ys[kk ijh{kd STATUTORY CENTRAL AUDITORSlkafof/kd dsUnzh; ys[kk ijh{kd
Ñrs ,l ih iqjh ,.M daiuh
lunh ys[kkdkj,Qvkj la-
For S.P. PURI & CO.
Chartered Accountants
FR No.001152N
fonqj iqjh
lk>snkj¼,e-la- ½
VIDUR PURIPartner
M. No 090163lk>snkj
¼,e-la- ½
lh ds i`LrhC K PRUSTY
Partner
M. No 057318
Ñrs lh ds i`fLV ,.M vlksfl;sV~l
lunh ys[kkdkj,Qvkj la-
For C. K. PRUSTY & ASSOCIATESChartered Accountants
FR No.323220E
vkj in~eukHku
lk>snkj¼,e-la- ½
R PADMANABHANPartner
M. No 013216
Ñrs th ckyq vlksfl;sV~lFor G BALU ASSOCIATES
lunh ys[kkdkj,Qvkj la-
Chartered Accountants
FR No.000376S
th ckylqcze.;u
¼,e-la- ½
G BALASUBRAMANYAN
lk>snkj Partner
M. No 7628
Ñrs izdk'k pUnz tSu ,.M daiuhFor PRAKASH CHANDRA JAIN & CO
lunh ys[kkdkj,Qvkj la-
Chartered Accountants
FR No.002438C
Ikh lh uyok;k
¼,e-la- ½
P C NALWAYA
lk>snkj Partner
M. No 033710LFkku % psUuSPlace : Chennai
fnukad % Date : 11-05-2016
Vh lh osadV lqczef.k;u
xSj&dk;Zikyd v/;{kT C VENKAT SUBRAMANIAN
NON EXECUTIVE CHAIRMAN
egs'k dqekj tSu
çcaèk funs'kd ,oa eq[; dk;Zikyd vfèkdkjhMAHESH KUMAR JAIN
MANAGING DIRECTOR & CEO
oh- ,- Á'kkar
ÁcaËkdV A PRASANTH
egkGENERAL MANAGER
, ,l jkthoA S RAJEEVdk;Zikyd funs'kd
EXECUTIVE DIRECTOR
vkj lqczef.k; dqekjR SUBRAMANIA KUMAR
dk;Zikyd funs'kdEXECUTIVE DIRECTOR
As per our report of even date attached
143
SCHEDULE 1 - CAPITAL
I. Authorised Capital
II. Issued, Subscribed and Paid up:
Equity Shares:
Total 480 29 17 480 29 17
izkf/kÑr iw¡th
tkjh] vfHknRr vkSj vnk dh xbZ iwath
bZfDoVh 'ks;j
dqy
300,00,00,000 Equity Shares of Rs.10/- each 3000 00 00 3000 00 00
a. 39,43,41,651 Equity shares of Rs.10/- each
held by Government of India (P.Y.-39,43,41,651
Equity shares of Rs. 10/- each) 394 34 17 394 34 17
b. 8,59,50,000 Equity shares of Rs.10/- each held by Public 85 95 00 85 95 00
izR;sd 10@& ds 300]00]00]000 bZfDoVh 'ks;j
,- Hkkjr ljdkj }kjk j[ks x, izR;sd #i;s 10@&
ds 39]43]41]651 ¼ftlesa o"kZ 2014&15 ds nkSjku vf/kekU;
vk/kkj ij tkjh 1]54]43]163 bZfDoVh 'ks;j 'kkfey gSa½
bZfDoVh 'ks;j ¼xr o"kZ & ÁR;sd #i;s 10@& ds 37] 88] 98] 489 bZfDoVh 'ks;j½
ch- turk }kjk j[ks x, izR;sd -10@& ds 8]59]50]000 bZfDoVh 'ks;j
`
`
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
( in Thousands)`
( )` gtkjksa esa
vuqlwph 1 & iwath
fooj.k PARTICULARS
144
SCHEDULE 2 - RESERVES AND SURPLUS
I. STATUTORY RESERVES
TOTAL I 3759 10 81 3581 25 80
II. CAPITAL RESERVES
TOTAL (A) 2781 42 67 2275 51 65
B Others
TOTAL (B) 117 82 24 95 34 60
TOTAL II (A + B) 2899 24 91 2370 86 25
III. SHARE PREMIUM
TOTAL III 1325 67 33 1325 67 33
IV. REVENUE AND OTHER RESERVES
5838 51 10
TOTAL (A) 6658 51 10 6283 51 10
B) Special Reserve u/s 36(1)(viii) of IT Act
TOTAL (B) 626 52 00 598 50 00
C) Special Reserve u/s 36(1)(viii a) of IT Act
58 20 00 58 20 00
D) Investment Reserve
TOTAL (D ) 39 92 22 39 92 22
TOTAL IV (A + B + C + D + E) 7699 09 06 7242 34 97
V. PROFIT & LOSS ACCOUNT
TOTAL V 96 36 40 95 03 75
TOTAL (I+II+III+IV+V) 15779 48 51 14615 18 10
a. Opening Balance 3581 25 81 3329 75 80
b. Additions during the year 177 85 00 2515000
A Revaluation Reserve
a. Opening Balance 2275 51 65 2335 45 77
b. Additions during the year 582 59 61 0
c. Deductions during the year 76 68 59 59 94 12
a) Opening Balance 95 34 60 95 34 60
b) Additions during the year 22 47 64 0
a) Opening Balance 1325 67 33 1061 11 65
b) Additions during the year 0 264 55 68
A) Revenue Reserve
Opening Balance 6283 51 10
Tfrd from Profit & Loss a/c 375 00 00 445 00 00
Deductions during the year 0 0
Opening Balance 598 50 00 555 00 00
Additions during the year 28 02 00 43 50 00
Opening Balance
Opening Balance 39 92 22 39 92 22
Additions during the year 0 0
Opening Balance 95 03 75 92 87 82
Additions during the year 1 32 65 2 15 93
lkaof/kd vkjf{kfr;ka
dqyiw¡thxr vkjf{kfr;ka
dqy ¼,½vU;
dqy ¼chdqy ¼, +$ ch½'kss;j izhfe;e
dqyjktLo vkSj vU; vkjf{kfr;ka
dqy ¼ch½
Mh½ fuos'k fjtoZ
dqy ¼Mh½
dqy ¼, + ch ++ lh + Mh½ykHk ,oa gkfu [kkrk
dqy
dqy
,½ vFk'ks"kch½ o"kZ ds nkSjku tksM+
iquewZY;kadu vkjf{kfr;ka,½ vFk'ks"kch½ o"kZ ds nkSjku tksM+lh½ o"kZ ds nkSjku dVkSfr;ka
,½ o"kZ ds nkSjku tksMch½ o"kZ ds nkSjku dVkSfr;k¡
,½ vFk'ks"ko"kZ ds nkSjku tksM+
,½ jktLo vkjf{kfr;kavFk'ks"kykHk ,oa gkfu ys[ks ls varfjro"kZ ds nkSjku dVkSfr;ka
vFk'ks"ko"kZ ds nkSjku tksM+
vFk'ks"k
vFk'ks"ko"kZ ds nkSjku tksM
vFk'ks"ko"kZ ds nkSjku tksM+
dqy ¼,½
dqy ¼Mh½
½
¼ch½ vkbZVh vf/kfu;e dh /kkjk ds 36(1)(Viii) ds varxZr fo'ks"k fjt+oZ
¼lh½ vkbZVh vf/kfu;e dh /kkjk ds 36(1)(Viii ,½ ds varxZr fo'ks"k fjt+oZ
II
III
IV
V
(I + II + III + IV + V)
¼lh½ vkbZVh vf/kfu;e dh /kkjk ds 36(1)(Viii ,½ ds varxZr fo'ks"k fjt+oZE) Foreign Currency Translation Reserve
TOTAL (E) 315 93 74 262 21 65
Opening Balance 262 21 65 259 01 95
Additions during the year 53 72 09 3 19 70
vFk'ks"ko"kZ ds nkSjku tksM
+ + +
dqy ¼,½
dqy ¼Mh½
As on 31.03.2015
( in Thousands)`
( )` gtkjksa esavuqlwph 2 & vkjf{kfr;ka vkSj vf/k'ks"k
As on 31.03.201631.03.2016 dks 31.03.2015 dksfooj.k PARTICULARS
145
SCHEDULE 3 - DEPOSITS
¼v½ ekax tekjkf'k;k
cpr cSad tekjkf'k;ka
Lkkof/k tekjkf'k;ka
dqy
dqy
dqy
I.
(I+II+III)
a A. I. DEMAND DEPOSITS
TOTAL 9277 44 34 8467 10 69
II. SAVINGS BANK DEPOSITS 46481 76 86 40224 82 42
III. TERM DEPOSITS
TOTAL 122526 63 06 120533 34 06
TOTAL (I+II+III) 178285 84 26 169225 27 17
TOTAL 178285 84 26 169225 27 17
I.
ii.
I.
ii.
I.
II.
cSadksa lsvU;ksa ls
cSadksa ls
vU;ksa ls
¼vk½ Hkkjr esa fLFkr 'kk[kkvksa dh tek,a
Hkkjr ds ckgj 'kk[kkvksa dh tek,a
i) From Banks 132 43 34 209 75 69ii) From Others 9145 01 00 8257 35 00
i) From Banks 2403 83 42 4922 80 30
ii) From Others 120122 79 64 115610 53 76
B. i) Deposits of branches in India 172651 68 31 161857 54 51
ii) Deposits of branches outside India 5634 15 95 7367 72 66
dqyII.
III.
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
SCHEDULE 4 - BORROWINGS
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
SCHEDULE 5 - OTHER LIABILITIES AND PROVISIONS
I.
ii.
iii.
iv.
laanss; fcy
avarj&dk;kZy; lek;kstu ¼fuoy½
izksn~Hkwr C;kt
vU; ¼izko/kku lfgr½
I. Bills Payable 690 11 64 840 47 47
II. Inter Office Adjustments(Net) 120 20 41 0
III. Interest Accrued 817 23 16 889 59 80
* IV. Others(including Provisions) * 4027 89 40 4139 06 26
dqy TOTAL 5655 44 61 5869 13 53dqy
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
( in Thousands)`
( )` gtkjksa esavuqlwph 3 & tek,¡
( in Thousands)`
( )` gtkjksa esavuqlwph 4 & m/kkj
I.
i)
ii)
iii)
II.
Hkkjr esa m/kkjHkkjrh; fjt+oZ cSadvU; cSadvU; laLFkk,a vkSj vfHkdj.k
Hkkjr ds ckgj m/kkj
Åij lekfgr jf{kr m/kkj
I. BORROWINGS IN INDIA
i) Reserve Bank of India 0 0
ii) Other Banks 1 39 1 39
* iii) Other Institutions and Agencies * 1500 08 90 1832 89 91
** 2009 21 36 813 18 04
Secured Borrowings included above NIL 832 77 26
dqy
dqy
TOTAL 1500 10 29 1832 91 30
II. BORROWINGS OUTSIDE INDIA **
TOTAL (I+II) 3509 31 65 2646 09 34
dqy
dqy
vuqlwph 5 & vU; ns;rk,¡ vkSj izko/kku( in Thousands)`
( )` gtkjksa esa
* includes Contingent Provisions against Standard Assets of 755 30 01 (P.Y - 885 61 33)` `
* ` 755 30 01 djksM ¼fiNys o"kZ 885 61 33 djksM+½ dh ekud vkfLr;ksa ds fo#) vkdfLed izko/kku 'kkfey gSa`
SCHEDULE 6 - CASH AND BALANCES WITH RESERVE BANK OF INDIA
I.
II.
gkFk esa udnh ¼blesa fons'kh eqnzk uksV lfEefyr gSa½
Hkkjrh; fjt+oZ cSad ds lkFk pkyw [kkrs esa 'ks"k
I. Cash in hand (including foreign currency notes)
II. Balances with Reserve Bank of India in Current Account
537 13 02 401 02 09
8637 32 11 7900 04 90
dqy ( I + II) TOTAL (I+II) 9174 45 13 8301 06 99
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
vuqlwph 6 Hkkjrh; fjt+oZ cSad esa udnh vkSj 'ks"k
fooj.k PARTICULARS
fooj.k PARTICULARSfooj.k
fooj.k PARTICULARS
fooj.k PARTICULARS
( in Thousands)`
( )` gtkjksa esa
* * includes Tier II Capital - Subordinated debt of 1000 00 00(P.Y. 1000 00 00) and Tier I Capital - Perpetual Debt Instrument of 500 00 00 (P.Y. NIL)
** ** Includes pipeline and un-adjusted items in Nostro Mirror Balances
fV;j II iw¡th & xkS.k _.k 1000 00 00 djksM ¼fiNys o"kZ `109010 00~½ dks 'kkfey djrs gq,
ukLVzªks fejj 'ks"kksa dh vlek;ksftr ensa ,oa ekxZLFk enksa dks 'kkfey djrs gq,
` `
` `
146
SCHEDULE 7 - BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE
I.
i)
II.
Hkkjr esa
cSadksa esa vfr'ks"k
d- pkyw [kkrss esa
[k- vU; tek [kkrksa esa
ekax ij rFkk vYi lwpuk ij izkI; /kujkf'k (cSadksa ds lkFk )
Hkkjr ds ckgj
pkyw [kkrksa esa
vU; tek [kkrksa esa
ek¡x ij rFkk vYi lwpuk ij izkI; /kujkf'k
I. IN INDIA
i) Balances with Banks
a) in Current Account 10 31 02 20 38 54
b) in Other Deposit Accounts 275 93 37 275 77 49
ii)
ii) Money at Call and Short Notice (with Banks) 0.00
TOTAL (ii) 0.00
II. OUTSIDE INDIA
I) i) in Current Accounts 258 26 41 1763 03 30
ii) ii) in other Deposit Accounts 2274 03 72 2708 59 37
iii) iii) Money at Call and Short Notice 6 29 42 12 31 66
dqy
dqy
dqy
dqy ;ksx
(i) TOTAL (I) 286 24 39 296 16 03
TOTAL (i + ii) 286 24 39 296 16 03
TOTAL (i + ii + iii) 2538 59 55 4483 94 33
GRAND TOTAL (I +II) 2824 83 94 4780 10 36
0.00
0.00dqy ¼ ½ii
(i + ii)
(i + ii + iii)
(i)
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
SCHEDULE 8 - INVESTMENTS
I. I. INVESTMENTS IN INDIA
Gross Investments 50748 65 41 43680 14 57
Less Provsion for Depreciation &NPI 233 98 75 162 43 78
Net Investments
i. i) Government Securities 39511 73 47 38609 47 07
ii. ii) Other approved Securities 36 27 08 36 27 08
iii. iii) Shares 385 96 05 418 55 70
iv. iv) Debentures and bonds 7765 38 68 4185 08 14
v. v) Subsidiaries and/or joint ventures(including Associates) 45 15 00 37 49 62
vi. vi) Others 2770 16 38 230 83 18
I) Government Securities (including local authorities) 2570 37 23 2206 37 95
ii. ii) Other investments
(a) Shares 1 38 56 1 25 64
(b) Debt Securities 2 88 91 2 97 77
Hkkjr esa fuos'k
ljdkjh izfrHkwfr;ka
vU; vuqeksfnr izfrHkwfr;ka
'ks;j
fMcsapj vkSj ck¡M
vuq"kafx;ka vkSj @ ;k la;qDr m|e
vU;
vU; fuos'k
, 'ks;jch _.k izfrHkwfr;k¡
ldy fuos'k
?kVk,¡ % ewY;gªkl ,oa ,uihvkbZ gsrq izko/kku
ldy fuos'k
?kVk,¡ % ewY;gªkl ,oa ,uihvkbZ gsrq izko/kku
ljdkjh izfrHkwfr;k¡ ¼LFkkuh; izkf/kdkjh lfgr½
fuoy fuos'k
fuoy fuos'k
50514 66 66 43517 70 79
TOTAL 50514 66 66 43517 70 79
II. II. INVESTMENT OUTSIDE INDIA
TOTAL 2574 64 70 2210 61 36
NET GRAND TOTAL (A+B) 53089 31 36 45728 32 15
dqy %
dqy
Hkkjr ds ckgj fuos'k
fuoy dqy ;ksx ¼,½ $ ¼ch½
Gross Investments
Less Provsion for Depreciation &NPI 95 02 45 89 21 53
Net Investments 2574 64 70 2210 61 36
i.
2669 67 15 2299 82 89
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
( in Thousands)`
( )` gtkjksa esavuqlwph 7 & cSadksa esa 'ks"k vkSj ek¡x ij rFkk vYi lwpuk ij jkf'k
fooj.k PARTICULARS
vuqlwph 8 & fuos'k
( in Thousands)`
( )` gtkjksa esa
fooj.k PARTICULARS
147
SCHEDULE 9 - ADVANCES
I) i) Bills purchased and discounted 1473 11 26 2580 06 89
ii)
ii) Cash Credit, Overdrafts and loans repayable on demand 66026 03 24 55825 81 24
iii. iii) Term Loans 61549 93 13 67457 66 45
i)
I) Secured by tangible assets (includes advance against bookdebts) 103255 68 37 100663 06 39
ii) ii) Covered by bank/Government guarantee 6296 84 08 7620 28 23
iii) iii) Unsecured 19496 55 18 17580 19 96
I. i) Priority Sector 46490 64 01 46106 19 48
ii. ii) Public Sector 21927 00 70 18681 90 36
iii. iii) Banks 0 0
iv. iv) Others 55461 91 80 55411 00 30
I) i) Dues from Banks 665 99 29 593 49 99
ii) ii) Dues from others
a) Bills Purchased and discounted 1031 55 35 1626 48 39
b) Syndicated loans 1374 84 10 1683 94 78
c) Others 2097 12 38 1760 51 28
Ø; fd, x, vkSj Hkquk;s x, fcyudn m/kkj] vksoj Mªk¶+V vkSj ekax ij izfrns; m/kkj
Lkkof/k m/kkj
ewrZ vkfLr;ksa }kjk izfrHkwr ¼cgh _.kksa ij vfxze 'kkfey gSa½
cSad @ ljdkjh izfrHkwfr;ka }kjk lajf{krvizfrHkwr
izkFkfedrk izkIr {ks=ljdkjh {ks=cSadvU;
cSadksa ls izkI; jkf'k;k¡vU;ksa ls izkI; jkf'k;k¡
d½ Ø; fd;s x, vkSj Hkquk;s x, fcy[k½ lkewfgd _.kx½ vU;
dqy
dqy
dqy
dqydqy ;ksx ¼1$2½
TOTAL 129049 07 63 125863 54 58
TOTAL 129049 07 63 125863 54 58
I I. ADVANCES IN INDIA
TOTAL 123879 56 51 120199 10 14
II. II. ADVANCES OUTSIDE INDIA
TOTAL 5169 51 12 5664 44 44
GRAND TOTAL (I+II) 129049 07 63 125863 54 58
Hkkjr esa vfxze
Hkkjr ds ckgj vfxze
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
SCHEDULE 10 - FIXED ASSETS
I.
At cost/revaluation as per the last Balance Sheet 2841 55 26 2841 20 49
Additions/Adjustments during the year 587 46 62 34 77
3429 01 88 2841 55 26
Deductions during the year 43 48 0
3428 58 40 2841 55 26
Depreciation to date * 468 77 09 386 64 84
III.
OTHER FIXED ASSETS (including Furniture and Fixtures)
At cost as per last Balance Sheet 1411 89 77 1242 13 07
Additions/Adjustments during the year 192 63 17 240 17 66
1604 52 94 1482 30 73
Deductions during the year 51 50 20 70 40 96
1553 02 74 1411 89 77
Depreciation to date 1009 66 78 903 31 19
* * For the year 82 12 25 (P.Y. 62 47 43)
** ** For the year 106 35 59 (P.Y. 73 54 94)
PREMISES
Sub
TOTAL 2959 81 31 2454 90 42
II. II. BUILDINGS UNDER CONSTRUCTION 7 89 93 5 23 85
TOTAL 543 35 96 508 58 58
TOTAL (I+II+III) 3511 07 20 2968 72 85
ifjlj
dqyfuekZ.kk/khu Hkou
dqy
iwoZorhZ o"kZ ds rqyu&i= ds vuqlkj ykxr @ iquewZY;kadu ewY; ij
o"kZ ds nkSjku tksM+ @ lek;kstu
o"kZ ds nkSjku dVkSfr;ka
v|ru ewY; gªkl
vU; vpy vkfLr;ka ¼blesa QuhZpj vkSj fQDlpj lfEefyr gSa½
iwoZorhZ o"kZ ds rqyu&i= ds vuqlkj ykxr ijo"kZ ds nkSjku tksM+ @ lek;kstu
o"kZ ds nkSjku dVkSfr;ka
v|ru ewY;gªkl
Total
Sub Total
Sub Total
Sub Total
iw.kZ ;ksx
(I+II+III)
o"kZ ds fy, ¼fiNys o"kZ ½
o"kZ ds fy, ¼fiNys o"kZ ½
` `
` `
iw.kZ ;ksx
iw.kZ ;ksx
iw.kZ ;ksx
**
82 12 25 62 47 43
106 35 59 73 54 94
` `
` `
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
( in Thousands)`
( )` gtkjksa esavuqlwph 9 & vfxze
vuqlwph 10 & LFkkbZ vkfLr;ka¡
fooj.k PARTICULARS
fooj.k PARTICULARS
( in Thousands)`
( )` gtkjksa esa
148
SCHEDULE 11 - OTHER ASSETS
I
I. Inter Office Adjustment (net) 0 189 59 92
II II. Interest Accrued 988 09 47 890 47 46
III
III. Tax paid in advance/tax deducted at source (net) 2669 64 81 2233 13 19
IV IV. Stationery and Stamps 16 46 35 16 31 11
V
V. Non-banking assets acquired in satisfaction of claims 20 26 11 20 26 11
VI VI. Others 2367 16 20 1844 42 59
varj dk;kZy; lek;kstu ¼fuoy½
izksn~Hkwr C;kt
iznRr vfxze dj @ lzksr ij dkVk x;k dj
ys[ku lkexzh vkSj LVkEi
nkoksa dh larqf"V esa izkIr dh x;h xSj&cSaddkjh vkfLr;ka
vU;
dqy TOTAL 6061 62 94 5194 20 38
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
SCHEDULE 12 - CONTINGENT LIABILITIES
I
II
III
IV
cSad ds fo#) nkos ftUgsa _.k ds :i esa Lohdkj ugha fd;k x;k gS
vaa'kr% lanRr fuoss'kksa ds fy, ns;rk
Ckdk;k ok;nk fofue; lafonkvksa ds dkj.k ns;rk
Lak?kVdksa dh vksj ls nh xbZ izzR;kHkwfr;ka
d- Hkkjr esa
[k- Hkkjr ds ckgj
Lohd`fr;k¡] i`"Bkadu vkSj vU; ck/;rk,a
vU; ensa ftuds fy, cSad vkdfLed :i ls mRrjnk;h gS
I. Claims against the bank not acknowledged as debts 647 23 69 650 89 15
II. Liability for partly paid investments 8 25 92 25 06 32
III. Liability on account of outstanding forward exchange contracts 11587 05 70 22565 65 00
IV. Guarantee given on behalf of constituents
a) In India 9536 82 24 9803 32 70
b) Outside India 17 90 64 60 92 15
V
V. Acceptance, Endorsements and other obligations 5186 48 81 2949 20 49
VI
VI. Other items for which the bank is contingently liable 2768 75 28 1982 62 08
dqy TOTAL 29752 52 28 38037 67 89
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
SCHEDULE 13 - INTEREST EARNED
I I. Interest/Discount on Advances/Bills 11924 23 13 12074 46 91
II II. Income on Investments 4153 23 14 3611 81 94
III
III. Interest on balances with Reserve Bank of India and other Inter Bank funds 145 98 11 155 56 76
IV IV. Others 20 33 97 11 08 38
TOTAL
vfxzeksa @ fofue; i=ksa ij C;kt @ cV~Vk jkf'k
fuos'kksa ij vk;
Hkkjrh; fjt+oZ cSad ds lkFk 'ks"k vkSj vU; varj cSad fuf/k;ksa ij C;kt
vU;
dqy 16243 78 35 15852 93 99dqy
Y E 31.03.2016
31.03.2016 dksY E 31.03.2015
31.03.2015 dks
( in Thousands)`
( )` gtkjksa esavuqlwph 11 & vU; vkfLr;k¡
fooj.k PARTICULARS
fooj.k PARTICULARS
fooj.k PARTICULARS
vuqlwph 12 & vkdfLed ns;rk,¡
vuqlwph 13 & vftZr C;kt
( in Thousands)`
( )` gtkjksa esa
( in Thousands)`
( )` gtkjksa esa
149
SCHEDULE 14 - OTHER INCOME
I.
I. Commission, Exchange and Brokerage 287 54 23 269 90 15
II. II. Profit on Sale of Investments 314 17 17 220 48 43
Less: Loss on Sale of Investments 7 20 82 11 43 59
Net 306 96 35 209 04 84
III. Profit on revaluation of Investments 0 0
Less: Loss on revaluation of Investments 0 0
Net 0 0
IV
IV. Profit on sale of land, buildings and other assets * 2 21 14 2 46 14
Less: Loss on Sale of Land, Bldgs. & Other Assets * 4 10 95 4 04 45
Net -1 89 81 -1 58 31
V
V. Profit on exchange transactions (Net) 297 31 49 246 14 39
VI
VI. Income earned by way of dividends, etc., from Subsidiaries/Companies
and/or Joint ventures abroad/in India 18 07 63 11 77 08
VII. Miscellaneous Income 873 41 74 628 07 50
deh'ku] fofue; vkSj nykyh
fuos'kksa ds foØ; ij ykHk
?kVk,¡ % fuos'kksa dh fcØh ij gkfu
fuoy
fuos'kksa ds iquewZY;k¡du ij ykHk
?kVk,¡ % fuos'kksa ds iquewZY;kadu ij gkfu
fuoy
Hkwfe] Hkouksa vkSj vU; vkfLr;ksa ds foØ; ij ykHk
?kVk,¡ % fuos'kksa ds iquewZY;kadu ij gkfu
fuoy
fofue; laaO;ogkjksasa ij ykHk ¼fuoy½
fons'k @ Hkkjr esa LFkkfir vuq"kafx;ksa @ daifu;ksa vkSj @ ;k la;qDr m|eksa ls ykHkka'kvkfn ds :i esa vftZr vk;
fofo/k vk;
*
*
dqy TOTAL 1781 41 63 1363 35 65
Y E 31.03.201631.03.2016 dks
Y E 31.03.2015
31.03.2015 dks
SCHEDULE 15 - INTEREST EXPENDED
I I. Interest on deposits 11547 32 39 11211 13 13
II
II. Interest on Reserve Bank of India/Inter Bank borrowings 235 21 22 171 57 05
III. III.Others 15 06 78 8 95 28
tekvksa ij C;kt
Hkkjrh; fjt+oZ cSad @ varj cSad m/kkjksa ij C;kt
vU;
dqy TOTAL 11797 60 39 11391 65 46
Y E 31.03.2016
31.03.2016 dksY E 31.03.2015
31.03.2015 dks
( in Thousands)`
( )` gtkjksa esavuqlwph 14 & vU; vk;
fooj.k PARTICULARS
fooj.k PARTICULARS
vuqlwph 15 & O;; fd;k x;k C;kt
* ;g jkf k lsQ] QWuhZpj] okgu vkSj e khujh ls lacaf/kr gS * Amounts relates to Safe, Furniture, Vehicle and Machinery.
150
SCHEDULE 16 - OPERATING EXPENSES
I deZZpkfj;ksa dks Hkqxrku vkSj muds fy, izko/kku
fdjk;k] dj vkSj izdk'k O;oLFkk
eqnz.k vkSj ys[ku lkexzh
foKkiu vkSj izpkj
cSad dh laifRr ij ewY;gªkl
?kVk,¡ % iquewZY;kadu fjtoZ ls varfjr
funs'kdksa dh Qhl] HkRrs vkSj O;;
ys[kk ijh{kdksa dh Qhl vkSj O;; ¼a 'kk[kk ys[kk ijh{kdksa dh Qhl vkSj O;; lfgr½
fof/k izHkkj
Mkd] rkj vkSj VsyhQksu vkfn
ejEer vkSj vuqj{k.k
chek
vU; O;;
I. Payments to and provisions for employees 2006 39 57 1742 58 92
II. Rent, Taxes and Lighting 264 87 91 239 03 29
III. Printing and Stationery 28 46 94 27 81 79
IV. Advertisement and Publicity 8 12 90 8 76 34
V. 31 03 16 31 03 15
V. Depreciation on Bank's property 2243456 1980595 150 57 91 138 11 83
Less: Transferred from Revaluation Reserve
VI.
VI. Directors' fees allowance and expenses 83 92 71 05
VII.
VII. Auditors' fees and expenses(including branch auditors) 26 40 32 24 08 92
VIII . Law Charges 9 23 01 9 60 15
IX. Postage, Telegrams and Telephones 24 76 64 21 53 65
X. Repairs and Maintenance 72 78 35 68 34 63
XI. Insurance 162 47 01 141 48 16
XII. Other Expenditure 440 55 87 388 83 86
737665 599412
1505791 1381183
dqy TOTAL 3195 50 35 2810 92 59
Y E 31.03.2016
31.03.2016 dksY E 31.03.2015
31.03.2015 dks
( in Thousands)`
( )` gtkjksa esavuqlwph 16 ifjpkyu O;;
fooj.k PARTICULARSfooj.k
151
288
1.
2.
2.
3.1
3.2
ys[kkadu dh ijaijk %
çkDdyuksa dk ç;ksx
ysunsu ftuesa fons'kh fofue; 'kkfey gSa
Hkkjr esa fd, x, ifjpkyuksa ds laca/k esa ifjorZu
1.
2.
3.
4.
5.
foRrh; fooj.k] tc rd vU;Fkk ugha crk;k tkrk gS] ,sfrgkfld ykxr
izFkk ij fujarj dkjksckjokys laLFkku dh ladYiuk dk ikyu djrs gq,
rS;kj fd, tkrs gSaA ;s Hkkjr esa lkekU;r% LohÑr ys[kkadu fl)karksa]
ftuesa lkafof/kd izko/kku] Hkkjrh; fjtoZ cSad ds fofu;ked @
fn'kkfunsZ'k] Hkkjrh; lunh ys[kkdkj laLFkku }kjk tkjh ys[kkadu ekud
@ ekxZn'kZu dh fVIif.k;k¡ vkSj Hkkjr esa cSafdax m|ksx esa izpfyr
O;ogkj 'kkfey gSa] ds leuq:i cuk;s tkrs gSaA fons'kksa esa fLFkr
'kk[kkvksa ds laca/k esa ml ns'k esa izpfyr lkafof/kd izko/kkuksa ,oa i)fr;ksa
ds leuq:i gSaA
foÙkh; fooj.kksa dh rS;kjh ds fy, çcaèku ls vis{kk dh tkrh gS fd og
fjiksfVZax vofèk gsrq foÙkh; fooj.kksa dh rkjh[k dks fjiksfVZr vkfLr;ksa ,oa
ns;rkvksa ¼vkdfLed ns;rkvksa lfgr½ vkSj vk; ,oa O;; ij fopkj djus
gsrq vius çkDdyu vkSj iwokZuqeku cuk;saA çcaèku dks ;g fo'okl
jgrk gS fd foÙkh; fooj.kksa dh rS;kjh esa bLrseky fd;s x;s çkDdyu
foosdh vkSj mfpr gSaA
Hkkjr esa fd, x, ifjpkyuksa esa fons'kh eqnzk ysunsu vkSj xSj&lekdfyr
fons'kh ifjpkyuksa ds fons'kh eqnzk ysunsuksa dk ys[kkadu] Hkkjrh; lunh
ys[kkdkj laLFkku ¼vkbZlh,vkbZ½ }kjk tkjh fd, x, ys[kkadu ekud &
11 ¼,,l & 11½ ds vuqlkj fd;k x;k gSA
fons'kh fofue; ysunsuksa dks Hkkjrh; fons'kh eqnzk O;kikjh la?k
¼Qs+Mký }kjk vf/klwfpr lkIrkfgd vkSlr nj ¼MCY;w,vkj½ ij
ntZ fd;k x;k gSA
fons'kh eqnzk vkfLr ,oa ns;rkvksa dks o"kZ dh lekfIr ij Qs+MkÃ
}kjk vf/klwfpr lekiu njksa ij ifjofrZr fd;k x;k gSA
fons'kh eqnzk esa ewY;kafdr LohÑfr;ksa] i`"Bkaduksa ,oa vU;
opuc)rkvksa vkSj xkjafV;ksa dks Qs+Mkà }kjk o"kZ dh lekfIr ij
vf/klwfpr lekiu njksa ij ifjofrZr fd;k x;k gSA
foRrh; o"kZ dh lekfIr ij fons'kh eqnzk vkfLr;ksa ,oa ns;rkvksa ds
fuiVku ,oa ifjorZu ls gksusokys fofue; varjksa dks] muds ?kfVr
gksus dh vof/k ds nkSjku vk; vFkok O;; ekuk tk,xkA
cdk;k ok;nk fofue; lafonkvksa dks lafonkRed njksa ij izdV
fd;k tkrk gS vkSj Qs+Mkà dh lekiu njksa ij iquewZY;u fd;k
tkrk gS vkSj ifj.kkeh izHkko dks ykHk o gkfu ys[ks ds t+fj,
igpkuk tkrk gSA
xSj lekdfyr fons'kh ifjpkyuksa ds laca/k esa ifjorZu
fons'kh 'kk[kkvksa dks xSj&lekdfyr fons'kh ifjpkyu ds :i esa
oxhZÑr fd;k x;k gS vkSj foRrh; fooj.kksa dks fuEukuqlkj ifjofrZr
fd;k x;k gS
1.
2.
3.
4.1
4.2.1
4.2.1
)
vkdfLed ns;krkvksa dks 'kkfey djrs gq,] vkfLr ,oa ns;rkvksa dkso"kZ dh lekfIr ij Qs+Mkà }kjk vf/klwfpr lekiu njksa ijifjofrZr fd;k tkrk gSA
vk; ,oa O;; dks Qs+Mkà }kjk lacaf/kr frekgh dh lekfIr ijvf/klwfpr frekgh vkSlr nj ij ifjofrZr fd;k tkrk gSA
fuoy fuos'kksa ds fuiVku rd] lHkh ifj.kkeh fofue; varjksa dks**fofue; mrkj&p<+ko fuf/k** uked i`Fkd [kkrs esa lafpr djj[kk tkrk gSA
cSad ds laiw.kZ fuos'k lafoHkkx dks Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kksa dsvuqlkj fuEufyf[kr rhu izoxksaZ esa oxhZÑr fd;k x;k gS %
ifjiDork ds fy, j[ks x, ¼,pVh,e½
fcØh gsrq miyC/k ¼,,Q,l½
O;kikj ds fy, j[ks x, ¼,p,QVh½
ifjiDork rd jksd j[kus ds vk'k; ds lkFk izkIr dh xbZ izfrHkwfr;ksa dksizoxZ ds varxZr oxhZÑr fd;k x;k gSA vYi vof/k ds
ewY; @ C;kt nj esa mrkj&p<+ko ls ykHk mBkdj O;kikj djus dsvk'k; ds lkFk izkIr dh xbZ izfrHkwfr;ksa dks ** ** izoxZ esa oxhZÑrfd;k x;k gSA vU; lHkh izfrHkwfr;k¡] tks mi;qZDr nksuksa izoxksaZ esa ughavkrh gSa] mUgsa] ** ** izoxZ esa oxhZÑr fd;k x;k gSA
fuos'k dks mls [kjhnrs@vtZu djrs le; ifjiDork ds fy, j[ks x;s]fcØh gsrq miyC/k ;k O;kikj ds fy, j[ks x;s oxZ ds :i esa oxhZÑr fd;ktkrk gS rFkk fofu;ked fn'kkfunsZ'kksa ds vuqlkj ijorhZ varj.k fd;ktkrk gSA fLØIl] vxj dqN gksa] dk varj.k] ,sls varj.k dh rkjh[k ij,d oxZ ls nwljs oxZ esa mlds vtZu djus dh ykxr@cgh ewY;@cktkjewY;] blesa tks Hkh de gks] mlij fd;k tkrk gS rFkk ewY;gªkl vxj dqNgksa rks ,sls varj.k ds fy, iw.kZr% izko/kku fd;k tkrk gSA
vuq"kafx;ksa rFkk lg;ksfx;ksa esa fuos'k dk oxhZdj.k] **ifjiDork ds fy,j[ks x;s** oxZ esa fd;k x;k gSA
,pVh,e izoxZ esa j[kh x;h izfrHkwfr;ksa dh fcØh ij izkIr ykHk dks igysykHk o gkfu ys[ks esa fy;k tkrk gS vkSj ckn esa iwath izkjf{krh ys[ks ¼dj®avkSj lkafof/kd izkjf{kr fuf/k;¨a esa varfjr djus ds fy, visf{kr/kujkf'k;ksa dks ?kVkus ds ckn fuoy½ esa fofu;ksftr fd;k tkrk gS rFkkgkfu] ;fn gks] dks ykHk o gkfu ys[ks esa ÁHkkfjr fd;k tkrk gS %
Hkkjr esa fuos'kksa dk ewY;kadu Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kksa dsvuqlkj fuEukuqlkj fd;k tkrk gS %
, ** ** izoxZ esa izfrHkwfr dk ewY;kadu vtZu dh ykxr ijfd;k tkrk gS flok; mu ekeyksa esa tgka vafdr ewY; ls vtZuykxr vf/kd gksrh gks] oSls ekeyksa esa] vafdr ewY; ij vtZuykxr dh ,slh vf/kdrk dks ifjiDork dh 'ks"k vof/k esaifj'kksf/kr fd;k tkrk gSs A vuq"kafx;ksa @ la;qDrm|eksa@lgHkkfx;ksa esa] ftUgsa ,pVh,e izoxZ esa 'kkfey fd;k x;kgS] fuos'kksa ds ewY; esa] vLFkkbZ izÑfr ds vykok fdlh vU; gªkldh igpku dh xbZ gS vkSj izko/kku fd;k x;k gSA ,sls gªkl dkfu/kkZj.k vkSj blds fy, izko/kku izR;sd fuos'k gsrq vyx ls fd;k
4. fuos'k
**,pVh,e**
,p,QVh
,,Q,l
,pVh,e
�
�
�
vuqlwph 17 & eq[; ys[kkadu uhfr;ka
152
288
1. ACCOUNTING CONVENTION
2. USE OF ESTIMATES
2. TRANSACTIONS INVOLVING FOREIGN EXCHANGE
3.1 Translation in respect of Indian operations
3.2 Translation in respect of non-integral foreign
operations.
The financial statements are prepared by following the
going concern concept on historical cost convention
unless otherwise stated. They conform to generally
accepted accounting principles in India, which
comprises statutory provisions, regulatory / Reserve
Bank of India guidelines, accounting standards /
guidance notes issued by the Institute of Chartered
Accountants of India and the practices prevalent in the
Banking Industry in India. In respect of foreign branches
as per statutory provisions and practices prevailing in
the respective countries.
The preparation of financial statements requires the
management to make estimates and assumptions for
considering the reported assets and liabilities (including
contingent liabilities) as on the date of financial
statements and the income and expenses for the
reporting period. Management believes that the
estimates used in the preparation of the financial
statements are prudent and reasonable.
Foreign Currency transactions of Indian operations and
non-integral foreign operations are accounted for as per
Accounting Standard-11 (AS-11) issued by the Institute
of CharteredAccountants of India (ICAI).
1. Foreign exchange transactions are recorded at the
Weekly Average Rate (WAR) notified by Foreign
Exchange Dealers'Association of India (FEDAI).
2. Foreign currency assets and liabilities are
translated at the closing rates notified by FEDAI at
the year end.
3. Acceptances, endorsements and other obligations
and guarantees in foreign currency are carried at
the closing rates notified by FEDAI at the year end.
4. Exchange differences arising on settlement and
translation of foreign currency assets and
liabilities at the end of the financial year are
recognized as income or expenses in the period in
which they arise.
5. Outstanding forward exchange contracts are
disclosed at the Contracted rates, and revalued at
FEDAI closing rates, and the resultant effect is
recognized in the Profit and Loss account.
Foreign branches are classified as non-integral foreign
operations and the financial statements are translated
as follows:
1. Assets and liabilities including contingent liabilities
are translated at the closing rates notified by
FEDAI at the year end.
2. Income and expenses are translated at the
Quarterly Average Closing rate notified by FEDAI
at the end of the respective quarter.
3. All result ing exchange differences are
accumulated in a separate account “Foreign
Currency Translation Reserve” (FCTR) till the
disposal of the net investments..
4.1 The entire investment portfolio of the Bank is classified
in accordance with the RBI guidelines into three
categories viz.
Held To Maturity (HTM)
Available For Sale (AFS)
Held For Trading (HFT)
The securities acquired with the intention to be held till
maturity are classified under category. The
securities acquired with the intention to trade by taking
advantage of short–term price / interest movements are
classified as All other securities which do not fall
under any of the two categories are classified under
category.
An investment is classified as Held to Maturity,Available
for Sale or Held for Trading at the time of its
purchase/acquisition and subsequent shifting is done in
conformity with the Regulatory guidelines. Transfer of
scrips, if any, from one category to another is done at the
lowest of acquisition cost/book value/market value on
the date of transfer and depreciation, if any, on such
transfer is fully provided for.
Investment in Subsidiaries andAssociates are classified
as Held to Maturity.
4.2.1 Profit on sale of securities under HTM category is first
taken to Profit and Loss account and thereafter
appropriated to Capital Reserve account (net of taxes
and amount required to be transferred to statutory
reserves) and loss, if any, charged to Profit & Loss
account.
4.2.1 Investments in India are valued in accordance with RBI
guidelines, as under:
a) Securities in category are valued at
acquisition cost except where the acquisition cost
is higher than the face value, in which case, such
excess of acquisition cost over the face value is
amortised over the remaining period of maturity.
Any diminution, other than temporary, in value of
i n v e s t m e n t s i n s u b s i d i a r i e s / j o i n t
ventures/Associates which are included under
HTM category is recognized and provided. Such
4. INVESTMENTS
“HTM”
“HFT”.
“AFS”
HTM
�
�
�
SCHEDULE 17 – SIGNIFICANT ACCOUNTING POLICIES
153
tkrk gSA fnukad 23-08-2006 ds ckn tksf[ke iw¡th fuf/k;ksa ds;wfuVksa ¼ohlh,Q½ esa fd;s x;s fuos'k] ÁkjafHkd 3 o"kZ dh vof/k dsfy, ,pVh,e oxZ ds v/khu oxhZÑr fd;s tkrs gSa rFkk mudkewY;kadu] ykxr ij fd;k tkrk gSA
ch vuq"kafx;ksa] la;qDr mn~;eksa rFkk lg;ksfx;ksa esa fd;s x;s fuos'k,sfrgkfld ykxr ij fy;s tkrs gSaA izk;ksftr {ks=h; xzkeh.kcSadksa ¼vkjvkjch½ esa fuos'k dk ewY;kadu] j[kko ykxr ij fd;ktkrk gS ¼;Fkk% cgh ewY;½
lh ** ** izoxZ esa fuos'kksa dk ewY;kadu] ckt+kj ewY; ij] frekghvarjky ij fLØiokj rFkk oxhZdj.kokj fd;k tkrk gSA ;fndksbZ fuoy ewY;gªkl gks] rks mls ykHk&gkfu ys[ks esa 'kkfey fd;ktkrk gS] tcfd dksbZ fuoy ewY;o`f) gksus ij mldh mis{kk djnh tkrh gsA bl izoxZ esa ckt+kj dks vafdr djus ds cknoS;fDrd izfrHkwfr;ksa ds cgh ewY; esa dksbZ ifjorZu ugha fd;ktkrk gSA
Mh ** ** izoxZ esa j[kh xbZ oS;fDrd fLØi®a dks nSfudvarjky ij ckt+kj dks vafdr fd;k tkrk gSA fuoy ewY;gªkl];fn gks] rks ykHk o gkfu ys[ks esa mldk izko/kku fd;k tkrk gStcfd fuoy ewY;o`f)] ;fn dksbZ gks] ij /;ku ugha fn;k tkrkgSA oS;fDrd izfrHkwfr;k¡] tks bl izoxZ esa gS] ds cgh ewY; esa dksbZifjorZu ugha gksrk gSA
bZ ** ** ,oa ** ** izoxksaZ esa izfrHkwfr;ksa dk ewY;kadufuEuor~ fd;k tkrk gS %
dsUnz ljdkj dh izfrHkwfr;ksa dk ewY;kadu la;qDr :i ls izkbejhMhylZ ,lksfl,'ku vkWQ bafM;k rFkk fQDLM bUde euh ekdsZV,.M MsfjosfVOt ,lksfl,'ku vkWQ bafM;k ¼,QvkbZ,e,eMh,½}kjk la;qDr :i ls ?kksf"kr ewY;ksa@ ifjiDork ÁfrQy¼okbZVh,e½ njksa ds vk/kkj ij fd;k tkrk gSA
jkT; ljdkj vkSj vU; vuqeksfnr izfrHkwfr;ksa dk ewY;kaduihMh,vkbZ @ ,Q+vkbZ,e,eMh, }kjk fudkyh xbZ lerqY;ifjiDork dh dsUnz ljdkj dh izfrHkwfr;ksa ds izfrQ+y ls 25csfll IokbaV c<+krs gq, okbZVh,e i)fr dk vuqÁ;ksx djrs gq,fd;k tkrk gSA
dksV gksus ij bZfDoVh 'ks;jksa dk ewY;kadu ckt+kj ewY; ij fd;ktkrk gSA dksV u gksusokys bZfDoVh 'ks;jksa dks muds czsd&viewY; ij ¼iwuewZY;u fjt+oZ] ;fn gks] ij /;ku fn, fcuk½] daiuh dsuohure rqyui= ¼ewY;u dh rkjh[k ls ,d o"kZ ds igys dk ugks½] ds vk/kkj ij ewY;kafdr fd;k tkrk gSA vU;Fkk 'ks;jksa dkewY;kadu] izfr daiuh ,d #i;k ds vuqlkj fd;k tkrk gSA
dksV gksus ij vf/kekU; 'ks;jksa dk ewY;kadu ckt+kj ewY; ij fd;ktkrk gS( vU;Fkk leqfpr okbZVh,e njksa vFkok iqu% 'kks/ku ewY; dsvk/kkj ij fu/kkZfjr ewY;] nksuksa esa ls tks Hkh de gks] ij fd;ktkrk gSA
vfxzeksa ds :i esa jgs fMcsapjksa rFkk ckaMksa ds vykok] lHkh fMcsapjksarFkk ckaMksa dk ewY;kadu okbZVh,e vk/kkj ij fd;k tkrk gSA
jktdks"k fcyksa] tek izek.k i=ksa rFkk okf.kfT;d dkxt+krksa dkewY;kadu mudh j[kko ykxr ij fd;k tkrk gSA
dksV gksus ij E;wpqvy Qa+Mksa dh ;wfuVksa dk ewY;kadu ckt+kj ewY;ij fd;k tkrk gS( vU;Fkk iqu% [kjhn ewY; vFkok fuoy vkfLrewY; ¼,u,oh½ nksuksa esa tks Hkh de gks] ij fd;k tkrk gSA ;fn
)
)
)
)
I.
ii.
iii.
iv.
v.
vi.
vii.
,,Q,l
,p,QV+h
,,Q,l ,p,QVh
fuf/k;k¡ ykWd&bu vof/k esa gSa] tgka iqu%[kjhnh ewY; @ ckt+kjdksV miyC/k ugha gks rks] ;wfuVksa dk ewY;kadu ,u,oh ij vFkokykWd&bu vof/k dh lekfIr rd ykxr ij fd;k tkrk gSA
23-08-2006 ds ckn osapj dSfiVy fuf/k;ksa ¼ohlh,Q½ dh ;wfuVksa esafd, x, fuos'kksa dks 3 o"kksZa dh izkjafHkd vof/k ds fy, ,pVh,elaoxZ esa oxhZÑr fd;k tkrk gS vkSj ykxr ij mudk ewY;kadufd;k tkrk gSA laforj.k dh rkjh[k ls rhu o"kZ ds ckn],,Q,l esa bldk varj.k fd;k tk,xk rFkk Hkk-fj-cSad dsfn'kkfunsZ'kkuqlkj cktkj dks vafdr fd;k tkrk gSA
vksojlht+ 'kk[kkvksa esa fuos'k ds laca/k esa] Hkkjrh; fjt+oZ cSad dsfn'kkfunsZ'k ;k estcku ns'kksa ds fn'kkfunsZ'k tks Hkh l[r gks] mldk ikyufd;k tk,xkA fdlh izdkj ds fn'kkfunsZ'k fu/kkZfjr ugha djusokys ns'kksaesa dk;Zjr 'kk[kkvksa ds ekeys esa] Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kksa dkikyu fd;k tkrk gSA
Hkkjrh; fjt+oZ cSad }kjk tkjh fd;s x;s fn'kkfunsZ'kkuqlkj xSj&fu"ikfnrfuos'k ¼,uihvkbZ½ dh igpku fuEu izdkj dh tkrh gS %
, izfrHkwfr;k¡ @ vlap;h vf/kekU; 'ks;j ftuesa C;kt @ fu;rykHkka'k @ fdLr ¼ifjiDork jkf'k dks feykdj½ ns; gS rFkk 90fnu dh vof/k ls vf/kd le; rd mldk Hkqxrku ugha fd;kx;k gSA
ch vxj cSad ls tkjhdrkZ }kjk izkIr dksbZ _.k lqfo/kk dksxSj&fu"ikfnr vfxze ekuk x;k gS] rks mlh tkjhdrkZ }kjk tkjhdh xbZ fdlh Hkh izfrHkwfr esa fuos'k dks ,uihvkbZ ds :i esa ekuktk,xkA
izfrHkwfr;ksa dh ykxr esa ls nykyh @ deh'ku @ va'knkuksa ij izkIrizksRlkgu dks ?kVk fn;k tkrk gSA izfrHkwfr;ksa ds vtZu ds laca/k esavnk dh x;h nykyh @ deh'ku @ LVkai 'kqYd dks jktLo O;; ekuktkrk gSA
O;kikj ds fy, C;kt njksa dh vnyk&cnyh ds ysunsuksa dks frekghvarjkyksa esa cktkj ewY; ij vafdr fd;k tkrk gSA dqyvnyk&cnfy;ksa ds mfpr ewY; dk vkdyu] rqyu&i= dh rkjh[k ijvnyk&cnyh djkjksa ds lekIr fd, tkus ij izkIr @ izkI; ;k iznRr @izns; jkf'k ds vk/kkj ij fd;k tk,xkA blls gksusokyh gkfu;k¡] ;fn gks]ds fy, iw.kZ izko/kku fd;k x;k gS] tcfd ykHk ;fn gks] ij /;ku ughafn;k tk,xkA
fofue; esa O;kikj fd, tkus okys fons'kh fofue; O;qRiUu vFkkZr~ eqnzkok;ns] fofue; fu/kkZfjr ewY;ksa ij ewY;kafdr fd, tkrs gSa vkSjifj.kkeLo:i gksus okys ykHk ;k gkfu d¨ ykHk o gkfu ys[kk esa n'kkZ;ktkrk gSA
,Qlh,uvkj ¼ch½ Mkyj tekvksa ds fy, HkkfjcSad dh ok;nk fofue;vnyk cnyh lqfo/kk ls feyus okys izhfe;e @ C;kt dks vnyk & cnyhlafonk vof/k esa O;; ds :i esa ifj'kksf/kr fd;k tkrk gSA
dsUnz ljdkj dh xkjaVh }kjk lefFkZr fuos'k gkykafd vfrns; gSa] dksdsoy rHkh xSj fu"iknd vkfLr ¼,uih,½ ekuk tk,xk tc xkjaVh dkvkg+~oku djus ij ljdkj xkjaVh dks vLohdkj djrh gSA
jkT; ljdkj }kjk xkjaVhÑr izfrHkwfr;ksa esa fuos'k] ftlesa **ekfurvfxzeksa** dh ÁÑfrokys fuos'k Hkh 'kkfey gSa] dk vkfLr oxhZdj.k vkSjÁko/kkuhdj.k foosdiw.kZ ekunaMksa ds vuqlkj fd;k tkrk gS] tc C;kt @ewy/ku dh fdLr ¼ifjiDork laizkfIr;ksa lfgr½ vFkok cSad dks ns; dksbZvU; jkf'k dk 90 ls vf/kd fnuksa rd Hkqxrku ugha gksrk gSA
viii.
4.3
4.4
)
)
4.5
4.6
4.7
4.8
4.9
4.10
154
diminution is being determined and provided for
each investment individually. Investment in units
of Venture Capital funds (VCF) made after
23.08.2006 are classified under HTM category for
initial period of 3 years and valued at cost.
b) Investment in Subsidiaries, Joint Ventures and
Associates are valued at historical cost.
Investment in sponsored Regional Rural Banks
(RRB) are valued at carrying cost (i.e. Book
value).
c) Investments in category are marked to
market, scrip-wise and classification wise, at
quarterly intervals. Net depreciation, if any, is
provided for in the Profit and Loss account while
net appreciation, if any, is ignored. The book value
of the individual securities does not undergo any
change after marking to market.
d) The individual scripts in the category are
marked to market at daily intervals. Net
depreciation, if any, is provided for in the Profit and
Loss account while net appreciation, if any, is
ignored. The Book Value of the individual
securities in this category does not undergo any
change.
e) Securities in categories are valued
as under:
I. Central Government Securities are valued at
prices / YTM rates as announced by Primary
Dealers Association of India (PDAI) jointly with
Fixed Income Money Market and Derivatives
Association of India (FIMMDA).
ii. State Government and Other approved securities
are valued applying the YTM method by marking
up 25 basis points above the yields of the Central
Government Securities of equivalent maturity put
out by PDAI / FIMMDAperiodically.
iii. Equity shares are valued at market price, if quoted.
Unquoted equity shares are valued at break-up
value (without considering revaluation reserves if
any) as per the company's latest balance sheet
(not more than one year prior to the date of
valuation). Otherwise, the shares are valued at
Re. 1 per company.
iv. Preference shares are valued at market price, if
quoted; otherwise at lower of the value determined
based on the appropriate YTM rates or redemption
value.
v. All debentures/bonds, other than those which are
in the nature of advances, are valued on the YTM
basis.
vi. Treasury bills, Certificate of deposits and
Commercial papers are valued at carrying cost.
vii. Units of Mutual Funds are valued at market price, if
quoted; otherwise at lower of repurchase price or
AFS
HFT
AFS and HFT
Net Asset Value (NAV). In case of funds with a
lock-in period, where repurchase price / market
quote is not available, units are valued at NAV, else
valued at cost till the end of the lock-in period.
viii. Investment in units of Venture Capital funds (VCF)
made after 23.08.2006 are classified under HTM
category for initial period of 3 years and valued at
cost. After period of 3 years from the date of
disbursement, it will be shifted toAFS and marked-
to-market as per RBI guidelines. .
4.3 In respect of investment at Overseas branches, RBI
guidelines or those of the host countries whichever are
more stringent are followed. In case of those branches
situated in countries where no guidelines are specified,
the guidelines of RBI are followed.
4.4 Non-performing investment (NPI) are identified as
stated below, as per guidelines issued by RBI.
a) Securities/Non-cumulative Preference shares
where interest/fixed dividend/installment
(including maturity proceeds) is due and remains
unpaid for more than 90 days.
b) If any credit facility availed by the issuer from the
Bank is a Non-performing advance, investment in
any of the securities issued by the same issuer is
also treated as NPI.
4.5 Brokerages / Commission / incentive received on
subscriptions are deducted from the cost of securities.
Brokerage / Commission / Stamp duty paid in
connection with acquisition of securities are treated as
revenue expenses.
4.6 Interest Rate Swap transactions for trading is marked to
market at quarterly intervals. The fair value of the total
swaps is computed on the basis of the amount that
would be received/ receivable or paid/ payable on
termination of the swap agreements as on the balance
sheet date. Losses arising there from, if any, are fully
provided for, while the profit, if any, is ignored.
4.7 Exchange traded FX Derivatives i.e. Currency Futures,
are valued at the Exchange determined prices and the
resultant gains and losses are recognized in the Profit
and Loss account.
4.8 Premium/interest arising at the inception of forward
exchange swap facility of RBI for FCNR (B) dollar
deposits is amortized as expense over the period of the
swap contract.
4.9 Investments backed by guarantee of the Central
Government though overdue are treated as Non
Performing Asset (NPA) only when the Government
repudiates its guarantee when invoked.
4.10 Investment in State Government guaranteed securities,
including those in the nature of 'deemed advances', are
subjected to asset classification and provisioning as per
prudential norms if interest/ installment of principal
(including maturity proceeds) or any other amount due
to the Bank remains unpaid for more than 90 days.
155
4.11
4.12
.
.
5.1
5.2
çR;sd Js.kh esa fuos'kksa dh ykxr Hkkfjr vkSlr ykxr fofèk ls fuèkkZfjrdh tkrh gSA ,pVh,e ds varxZr oxÊ—r fuos'k] Hkkfjr vkSlr ykxrfofèk ds iz;ksx ls ifjdfyr vfèkxzg.k ykxr ij /kkfjr fd;s tkrs gSa vkSjvxj Hkkfjr vkSlr ykxr vafdr ewY; ls vfèkd gksrk gS rks ifjiDorkdh 'ks"k vofèk esa çhfe;e ifj'kksfèkr gks tkrk gSA
, HkkfjcSa ds lkFk rjyrk lek;kstu lqfoèkk,a ¼,y,,Q½ ds rgrHkkfjcSad ds lkFk rjyrk lek;kstu lqfoèkk,a ¼,y,,Q½ ds rgrØ; @foØ; fd, x, çfrHkwfr;ksa dks fuos'k [kkrs esa ukes@tekfd;k tkrk gS ,oa ysunsu dh ifjiDork ij fjolZ fd;k tkrk gSAO;; fd;s x;s [kpZ @ vftZr fd, x, C;kt dks O;; @ jktLods :i esa fglkc j[kk tkrk gSA
ch HkkfjcSa ds lkFk ysunsuksa ds vykok rjyrk lek;kstu lqfoèkk,a
¼,y,,Q½ ds rgr jsiks@ fjolZ jsiks ds rgr csph xbZ vkSj[kjhnh xbZ çfrHkwfr;ksa dks laikfÜoZd mèkkj vkSj mèkkj ysunsuksa ds:i esa fy;k tkrk gSaA gkykafd] çfrHkwfr;ksa dks lkekU; ,deq'rfcØh @ [kjhn ysunsuksa ds ekeys esa varfjr fd, tkrs gSa vkSj blçdkj ds çfrHkwfr ds mrkj & p<+ko] jsiks@fjolZ jsiks [kkrksa vkSjçfr&çfof"V;ksa ds ç;ksx ls ifjyf{kr gksrk gSA mijksä çfof"V;k¡ifjiDork dh rkjh[k ij çfrofrZr gks tkrh gSA ekeys ds vkèkkjij ykxr ,oa jktLo dks C;kt O;;@vk; ds :i esa fy;ktk,xkA jsiks [kkrs esa 'ks"k] vuqlwph 4 ¼mèkkj½ ds rgr oxÊ—r gSvkSj fjolZ jsiks [kkrs esa 'ks"k] vuqlwph 7 ¼
½ ds rgr oxÊ—r gSA
iqufuZek.k daifu;ksa ¼vkjlh½ }kjk] mUgsa csph xbZ foRrh; vkfLr;ksa dslaca/k esa tkjh dh xbZ izfrHkwfr jlhn¨a dks muds izfrns; ewY; vkSj foRrh;vkfLr;ksa ds fuoy cgh ewY;] ls de Lrj ij ewY;kafdr fd;k tkrk gSAizfrHkwfr jlhn dks vkjlh }kjk rqyu i= ds fnukad ij ?kksf"kr fuoyifjlaifRr ewY; ij ewY;kafdr fd;k tkrk gS vkSj ewY;gªkl gksus ijmlds fy, izko/kku fd;k tkrk gS rFkk ewY;o`f) gksus ij mlij /;kuugha fn;k tkrkA
vkjlh dks csph x;h foÙkh; vkfLr;ksa ds ekeys esa mudk ewY;kadu vkSjvk; dh igpku] Hkkjrh; fjtoZ cSad ds fn'kkfunZs'kksa ds vuqlkj fd;ktkrk gSA vxj fcØh ewY;] fuoy cgh ewY; ¼,uchoh½ ls de gS ¼;Fkk]cgh ewY; ls j[ks x;s izko/kku ?kVkus ds ckn dk ewY;½ rks Hkkjrh; fjt+oZcSad ds fo|eku fn'kkfunsZ'kksa ds vuqlkj mlls gksusokyh deh dks ykHk ogkfu [kkrs esa ukes Mkyk tk,xk ;k j[kh x;h vLFkk;h izko/kku dk iz;ksxdjrs gq, bldk leatu fd;k tk,xkA
;fn çkIr udnh ¼vkjafHkd çfrQy vkSj@;k çfrHkwfr jlhnksa ds ekspuds tfj,½ vkjlh dks csph xbZ vutZd vkfLr;ksa ¼,uih,½ ds fuoy cghewY; ls vfèkd gksrh gS rks vfrfjä çkoèkku dks ykHk ,oa gkfu [kkrs esaizR;kofrZr fd; Hk ,oa gkfu [kkrs esa izR;kofrZr fd, x,vfrfjä çkoèkku dh çek=k ml lhek rd lhfer gS ftl lhek rdçkIr udnh csph xbZ vutZd vkfLr;ksa ¼,uih,½ ds fuoy cgh ewY; lsvfèkd gksrh gSA
jsiks ,oa fjolZ jsiks ysunsuksa ds fy, ys[kkdj.k
iqufuZekZ.k daifu;ksa ¼vkjlh½ dks csph xbZ foRrh;vkfLr;k¡ %
:
:
:
5.
cSadksa esa 'ks"k ,oa ekax rFkkvYi lwpuk ij izkI; /kujkf'k
k tkrk gSA yk
6 vfxze
6.1
6.2
)
I)
ii)
)
)
)
I)
ii)
iii)
)
I)
ii)
iii)
)
6.3
6.4
Hkkjrh; fjt+oZ cSad }kjk tkjh foosdiw.kZ ekun.Mksa ds vuqlkj Hkkjr esavfxzeksa dks m/kkjdrkZ&okj ekud] vo&ekud] lafnX/k vkSj gkfuvkfLr;ksa ds :i esa oxhZÑr fd;k x;k gSA
vutZd vfxzeksa ds fy, çkoèkku fuEukuqlkj fd, x, gSa %
, voekud
01-10-2014 ls igys oxÊ—r vkSj@;k Js.khc) tekurh vkSjcstekurh] nksuksa oxksZa ds fy, 25 izfr'kr
01-10-2014 dks ;k ds ckn voekud ds :i oxÊ—r [kkrs
, cstekurh tksf[ke okys [kkrksa ds fy,& 25 izfr'kr
ch vU; & 15 izfr'kr
ch lafnXèk oxZ& 1
01-07-2011 ls igys oxÊ—r vkSj@;k Js.khc) tekurh vkSjcstekurh oxZ nksuksa ds fy, 100 izfr'kr
30-06-2011 ds ckn oxÊ—r vkSj@;k Js.khc) tekurh [kkrksa dsfy,& 25 izfr'kr
cstekurh Hkkxksa ds fy,& 100 izfr'kr
lh lafnXèk oxZ& 2
01-07-2011 ds igys oxÊ—r vkSj@;k Js.khc) tekurh vkSjcstekurh oxZ nksuksa ds fy, 100 izfr'kr
30-06-2011 ds ckn oxÊ—r vkSj@;k Js.khc) tekurh [kkrksa dsfy,& 40 izfr'kr
cstekurh Hkkxksa ds fy,& 100 izfr'kr
Mh lafnXèk oxZ& 3 ,oa gkfu vfxze & 100 izfr'kr
iquxZfBr @ iqulZajfpr ekud vfxze lfgr ekud vfxzeksa ds fy,Hkkjrh; fjt+oZ cSad ds funs'kksa ds vuqlkj izko/kku fd;k tkrk gSA
fons'kh 'kk[kkvksa ds ekeys esa _.k gkfu;ksa ds fy, vk;&fu/kkZj.k] vkfLroxhZdj.k rFkk izko/kku] LFkkuh; vko';drkvksa vFkok Hkkjrh; fjt+oZcSad ds foosdiw.kZ ekunaMksa esa ls tks Hkh vf/kd l[r gks] ds vuqlkj fd;ktkrk gSA
vkxs] Hkkjrh; fjt+oZ cSad }kjk tkjh fd;s x;s fofu;eksa ds laca/k esa vxjdksbZ vkfLr dks cSad ds leqnzikj cgh esa fdlh Hkh le; xSj& fu"ikfnrvkfLr ds :i esa oxhZÑr fd;k tkuk gS rks cSad }kjk _.kdrkZ dks iznkudh xbZ lHkh lqfo/kkvksa rFkk _.kdrkZ }kjk tkjh dh x;h lHkh izfrHkwfr;ksaesa fuos'k dks ,uih, @ ,uihvkbZ ds :i esa oxhZÑr fd;k tk,xkA
rFkkfi] estcku fofu;kedksa }kjk [kkrksa dks olwyh ls vU; dkj.ko'k xSjfu"ikfnr @ ckf/kr vkfLr;ksa ¼,uih,½ ds :i esa oxhZÑr fd;k tkrk gS]rks Hkkjr esa foRrh; foojf.k;ksa ds lesdu djrs le; mUgsa ,uih, ds :iesa oxhZÑr fd;k tk,xk rFkk vko';drkuqlkj izko/kku fd;k tk,xk]tcfd mlh izfri{kdkjksa dks vU; {ks=kf/kdkj esa ¼Hkkjr dks lfEeyr dj½iznRr vU; _.k ,DLikstj ds laca/k esa vkfLr oxhZdj.k] lacaf/kr{ks=kf/kdkj esa fo|eku fn'kkfunsZ'kksa ls vf/k'kkflr gksxkA
156
4.11 Cost of investments is determined based on the
Weighted Average Cost method in each category.
Investments classified under HTM are carried at
acquisition cost as arrived under Weighted Average
Cost method and in case the weighted average cost is
more than the face value, the premium is amortised over
the remaining period of maturity.
4.12 Accounting for Repo/Reverse Repo transactions:
a. Under the Liquidity Adjustment Facility (LAF) with
the RBI: Securities purchased/sold under LAF with
RBI are debited/credited to Investment Account
and reversed on maturity of the transaction.
Interest expended/earned thereon is accounted
for as expenditure/revenue.
b. Other than transactions under the Liquidity
Adjustment Facility (LAF) with the RBI: The
secur i t ies so ld and purchased under
Repo/Reverse Repo are accounted as
Collateralised lending and borrowing transactions.
However, securities are transferred as in the case
of normal outright sale/purchase transactions and
such movement of securities is reflected using the
Repo/Reverse RepoAccounts and Contra entries.
The above entries are reversed on the date of
maturity. Costs and revenues are accounted as
Interest expenditure/income, as the case may be.
Balance in Repo Account is classified under
Schedule 4 (Borrowings) and balance in Reverse
Repo Account is classified under Schedule 7
(Balance with Banks and Money at Call & Short
Notice).
5.1 Security Receipts (SR) issued by RCs in respect of
financial assets sold to them is recognized at lower of
redemption value of SRs and Net Book Value of financial
assets. SRs are valued at Net Asset Value declared by
RCs on the Balance Sheet date and depreciation, if any,
is provided for and appreciation is ignored.
5.2 In case of financial assets sold to RC, the valuation and,
income recognition is being done as per RBI Guidelines.
If the sale is for value lower than the Net Book Value
(NBV) (i.e, book value less provisions held), the shorfall
is debited to the Profit and Loss account or met out of
utilisation of Floating provision held, as per extant RBI
guidelines
If the cash received (by way of initial consideration and
/or redemption of security receipts) is higher than the Net
Book value of the Non Performing Asset (NPA) sold to
RC, then excess provision is reversed to the profit and
Loss account. The quantum of excess provision
reversed to profit and loss account is limited to the extent
to which cash received exceeds the NBV of the NPA
sold.
5. FINANCIAL ASSETS SOLD TO RECOVERY
COMPANIES (RC)
6 ADVANCES
6.1 In accordance with the prudential norms issued by RBI,
advances in India are classified into Standard, Sub-
Standard, Doubtful and Loss assets borrower-wise.
6.2 Provisions are made for non performing advances as
under:
a) Sub Standard:
I) 25% both for secured and unsecured category
classified and / or categorized before
01.10.2014
ii) For accounts classified as Sub-Standard on or
after 01.10.2014:
a) Accounts with unsecured exposures – 25%
b) Others - 15%
b) Doubtful category-1
I) 100 % for secured and unsecured classified and /
or categorized before 01.07.2011.
ii) 25 % for secured classified and / or categorized
after 30.06.2011
iii) 100% for Unsecured portion.
c) Doubtful Category – 2
I) 100 % for secured and unsecured classified and /
or categorized before 01.07.2011
ii) 40 % for secured classified and / or categorized
after 30.06.2011
iii) 100% for Unsecured portion.
d) Doubtful category-3 and Loss advances – 100 %.
6.3 Provision is made for standard advances including
Restructured / Rescheduled standard advances as per
RBI directives.
6.4 In respect of foreign branches, income recognition,
asset classification and provisioning for loan losses are
made as per local requirement or as per RBI prudential
norms, whichever is more stringent.
Further, if an asset in the overseas books of the Bank
requires to be classified as NPA at any point of time in
terms of regulations issued by Reserve Bank of India,
then all the facilities granted by the bank to the borrower
and investment in all the securities issued by the
borrower will be classified as NPAs/NPIs.
However, accounts classified as Non-performing/
Impaired assets (NPAs) by host regulators for reasons
other than record of recovery, would be classified as
NPAs at the time of consolidating financial statements
in India and provided for, as required; whereas asset
classification of other credit exposures to the same
counterparties in other jurisdictions (including India) will
continue to be governed by the extant guidelines in the
respective jurisdictions.
157
6.5
7.1.
7.2.
I 1.63%
II
1. 4.75%
2. 6.33%
3. 7.07%
4. 7.07%
5. 9.50%
6. 11.31%
7. 16.66%
8. 20.00%
9.
33.33%
10.
100.00%
7.3.
7.4.
7.5.
7.6.
8.1
izdV fd;s x, vfxze] xSj&fu"ikfnr vkfLr;ksa] MhvkbZlhthlh @
bZlhthlh @ lhthVh,e,lbZ ls izkIr rFkk lek;kstu gsrq yafcr j[ks
x, nkoksa] fofo/k [kkrs esa izkIr vkSj j[kh xbZ pqdkSfr;ksa] lgHkkfxrk
izek.k&i=ksa ,oa iqu% Hkquk;s x;s fe;knh fcyksa ds fy, fd, x, izko/kkuksa
vkSj ekud vkfLr;ksa ds :i esa oxhZÑr iquZxfBr [kkrksa ds mfpr ewY; esa
vf/kR;kx ds cnys izko/kku ds ckn fuoy gSaA
ifjlj rFkk vU; vpy vkfLr;ksa dk fglkc mudh ijaijkxr
ykxr ij vkSj iquewZY;kafdr vkfLr;ksa dks iquewZY;kafdr ewY; ij fn[kk;k
x;k gSA
Hkkjr esa] bekjrksa ¼tehu dh dher lfgr tgka dgha vfo;ksT;@i`Fkd
ugha gS½ ,oa vU; vpy vkfLr;ksa ij ewY;ºzkl] ewY;ºzkl dh lhèkh js[kk
i)fr ls mlh nj ij ftl ij mUgsa çHkkfjr fd;k x;k Fkk] fuEukuqlkj
fd;k tkrk gS %
bekjrsa
vU; vpy vkfLr;k¡
lkekU; la;a= o e'khusa
Q+fuZpj ,oa fQDlpj
fo|qr pkfyr e'khujh vkSj fQfVax
lkbfdysa
LdwVj] eksVj lkbdy] thi
oSu
flDds osafMax e'khu
eksVj dkj
MkVk çlaLdj.k e'khusa dEI;wVj ,oa;wih,l lfgr
lsyQksu ,oa 5000 #i, rd dh NksVhdher dh oLrq,¡
iqueZwY;kafdr ?kVd ls lacfUèkr ewY;ºzkl] iqueZwY;kadu vkjf{kr fufèk ij
çHkkfjr fd;k tkrk gS A 30 flracj ls igys vfèkx`ghr vpy vkfLr;ksa
ij fuèkkZfjr njksa dk 100 çfr'kr vkSj mlds ckn vfèkx`ghr vpy
vkfLr;ksa ds fy, fuèkkZfjr njksa dk 50 çfr'kr ewY;ºzkl çHkkfjr fd;k
tkrk gSA fcØh @ fuiVku ds o"kZ esa vpy vkfLr;ksa ij ewY;ºzkl dk
dksbZ izko/kku ugha fd;k tkrkA
iV~Vsokyh Hkwfe ij izhfe;e] vf/kxzg.k ds o"kZ esa iwathÑr fd;k tkrk gS
vkSj iV~Vs dh vof/k ij ifj'kksf/kr fd;k tkrk gSA
fons'kh 'kk[kkvksa dh vpy vkfLr;ksa ds laca/k esa ewY;gzkl dh O;oLFkk mu
ns'k¨a esa Ápfyr i)fr;¨a ds vuqlkj dh tkrh gSA
xSj&cSafdax vkfLr;ksa ¼,uih,½ ds laca/k esa dksbZ ewY;gzkl izHkkfjr ugha
fd;k tkrk gSA
vk; vkSj O;; dks] tc rd vU;Fkk ugha dgk tk,] lkekU;r% lap;h
vk/kkj ij fglkc esa fy;k tkrk gSA
7.
8.
vpy vkfLr;k¡ @ ewY;gªkl
ØevkfLr dh ç—fr
ewY;ºzkl dh njla[;k ,l,y,e
jktLo igpku
8.2
8.3
-
-
-
-
-
-
-
-
I)
ii)
iii)
)
xSj&fu"iknd vkfLr;ksa] ljdkj }kjk xkjaVhÑr vkfLr;ksa ¼t® 90 fnu®a
ls T;knk vfrns; gaS½ ykHkka'k vk;] chek nkos] tkjh fd;s x;s lk[k&i=ksa
@ xkjafV;ksa ij deh'ku ¼ifj;kstuk foRr ls brj½] cSad ,';wjsUl mRiknksa
ij deh'ku] /ku Áca/ku ij vk;] [kjhns x, fcyksa ij vfrfjDr C;kt @
vfrns; izHkkj] ykWdj fdjk;k] ØsfMV dkMksZa ij foRrh; izHkkj] iqu%
{kfriwfjr djus ds cSad ds vf/kdkj ij O;; vkfn dks mudh olwyh gksus
ij fglkc esa fy;k x;k gSA
vfrns; fons'kh fcyksa ds ekeys esa] C;kt vkSj vU; izHkkjksa dks Hkkjrh;
fons'kh eqnzk O;kikjh la?k ¼Q+sMký ds fn'kkfunsZ'kksa ds vuqlkj
fdLVªyhdj.k dh rkjh[k rd ekuk x;k gSA
dkMZ lqfo/kk ds mi;ksx ij dkMZ lnL;ksa }kjk vftZr iqjLdkj IokbaVksa dks
bl izdkj ds mi;ksx ds dkj.k O;; ds :i esa igpkuk tkrk gSA
fuEufyf[kr ij fopkj djus ds i'pkr~] ykHk o gkfu ys[ks esa n'kkZ;k x;k
ifj.kke %
xSj fu"iknd vfxzeksa vkSj @ vFkok fuos'k¨a ds fy, izko/kku
ekud vfxzeksa ij lkekU; izko/kku
iqu% lajfpr vfxzeksa gsrq izko/kku
vpy vkfLr;ksa ij ewY;gzkl ds fy, izko/kku
fuos'kksa ij ewY;gzkl ds fy, izko/kku
vkdfLedrk fuf/k dks @ ls varj.k
izR;{k djksa ds fy, izko/kku
lkekU; vFkok @ vkSj vU; vko';d izko/kku
Hkfo"; fufèk ,d oSèkkfud nkf;Ro gS vkSj va'knk;h Hkfo"; fuf/k dk
fodYi pquusokyksa ds ekeys esa cSad iwoZfuèkkZfjr njksa ij fuf'pr va'knku
vnk djrk gSA ,sls fuf'pr va'knku dh jkf'k rd gh cSad dk nkf;Ro
lhfer gSA bu va'knkuksa dks ykHk ,oa gkfu ys[ks esa çHkkfjr fd;k tkrk gSA
fufèk dk çcaèk bafM;u cSad LVkQ Hkfo"; fufèk U;kl }kjk fd;k tkrk gS A
bafM;u cSad deZpkjh minku fuf/k fu;eksa ,oa fofu;euksa ds vuqlkj
minku ns;rk ,d oSèkkfud nkf;Ro gS vkSj foÙkh; o"kZ ds var esa fd, x,
chekafdd ewY;kadu ds vkèkkj ij blds fy, izko/kku fd;k tkrk gSA cSad
}kjk minku ns;rk dk fuèkh;u fd;k tkrk gS vkSj bldk çcaèk bafM;u
cSad deZpkjh minku fufèk U;kl }kjk fd;k tkrk gSA
, bafM;u cSad ¼deZpkjh½ isa'ku fofu;eu 1995 ds rgr isa'ku ns;rk
,d ifjHkkf"kr ykHkdkjh nkf;Ro gS rFkk 31-03-2010 rd cSad esa
HkrÊ gq, vkSj isa'ku dk fodYi nsusokys deZpkfj;ksa dks ;g
chekafdd ewY;kadu ds vkèkkj ij çnku dh tkrh gSA
9.
10.
11.
ØsfMV dkMZ iqjLdkj IokbaV
fuoy ykHk @ gkfu
LVkQ lsokfuo`fÙk ykHk
Hkfo"; fufèk
minku
isa'ku
158
6.5 Advances disclosed are net of provisions made for non-
performing assets, DICGC/ ECGC/ CGTMSE claims
received and held pending adjustment, repayments
received and kept in sundries account, participation
certificates , usance bills rediscounted and provision in
lieu of diminution in the fair value of restructured
accounts classified as standard assets..
7.1. Premises and other fixed assets are stated at historical
cost and at revalued amount in respect of assets
revalued.
7.2. Depreciation on buildings (including cost of land
wherever inseparable/ not segregated) and other fixed
assets in India is provided for on the straight-line method
at the same rates in which the said assets were charged,
as specified below:
I buildings 1.63%
II Other Fixed Assets
1. General Plant and Machinery 4.75%
2. Furniture, Fixtures 6.33%
3. Electrical Machinery and Fittings 7.07%
4. Cycles 7.07%
5. Scooters, Motor Cycles, Jeeps 9.50%
6. Vans 11.31%
7. Coin Vending Machine 16.66%
8. Motor cars 20.00%
9. Data processing machines
including computers and UPS 33.33%
10. Cell Phones and on small value
items costing upto 5000/- 100.00%
7.3. Depreciation relatable to revalued component is
charged against revaluation reserve. Depreciation on
fixed assets acquired on or before 30th September is
charged at 100% of the prescribed rates and at 50% of
the prescribed rates on the fixed assets acquired
thereafter. No depreciation on the fixed assets is
provided for in the year of sale / disposal.
7.4. Premium on leasehold land is capitalised in the year of
acquisition and amortized over the period of lease.
7.5. Depreciation in respect of fixed assets at foreign
branches is provided as per the practice prevailing in the
respective countries.
7.6. In respect of Non Banking Assets, no depreciation is
charged.
8.1 Income and expenditure are generally accounted for on
accrual basis, unless otherwise stated.
7. FIXEDASSETS / DEPRECIATION
SL.Nature of Asset
Rate of Depn.
No. (SLM)
8. REVENUE RECOGNITION
R
8.2 Income from non-performing assets, Central
Government guaranteed assets (where it is overdue
beyond 90 days), dividend income, insurance claims,
commission on letters of credit/ guarantees issued
(other than those relating to project finance), income
from Bancassurance products, income from wealth
management, additional interest/ overdue charges on
bills purchased, locker rent, finance charges on credit
cards, income on Bank's right to recompense, AMC
charges on debit cards are accounted for on realisation.
8.3 In case of overdue foreign bills, interest and other
charges are recognised till the date of crystallisation as
per FEDAI guidelines.
Reward points earned by card members on use of Card
facility is recognized as expenditure on such use.
The result disclosed in the Profit and Loss Account isafter considering:
- Provision for Non-Performing Advances and / orInvestments
- General provision on StandardAdvances
- Provision for RestructuredAdvances
- Provision for Depreciation on FixedAssets
- Provision for Depreciation on Investments
- Transfer to/ from Contingency Fund
- Provision for direct taxes
- Usual or/and other necessary provisions
I) PROVIDENT FUND
Provident fund is a statutory obligation and in the case ofContributory Provident Fund Optees, the Bank paysfixed contribution at pre-determined rates. Theobligation of the Bank is limited to such fixedcontribution. The contributions are charged to Profit andLossAccount. The fund is managed by Indian Bank StaffProvident Fund Trust.
ii) GRATUITY
Gratuity liability is a statutory obligation as per IndianBank Employees' Gratuity Fund Rules and Regulationsand is provided for on the basis of an actuarial valuationmade at the end of the financial year. The gratuity liabilityis funded by the Bank and is managed by Indian BankEmployees Gratuity Fund Trust.
iii) PENSION
a) Pension liability is a defined benefit obligationunder Indian Bank (Employees) PensionRegulations 1995 and is provided for on the basis ofactuarial valuation, for the employees who havejoined Bank up to 31.03.2010 and opted for pension.
9. CREDIT CARD REWARD POINTS
10. NET PROFIT / LOSS
11. STAFF RETIREMENT BENEFITS
159
)
iv)
v)
13.1
)
ch ubZ isa'ku ;kstuk ¼,uih,l½ tks mu deZpkfj;ksa ij ykxw gksrh gS]ftudh HkrhZ cSad esa 01-04-2010 ds ckn gqbZ gS vkSj ;g ,difjHkkf"kr va'knku ;kstuk gSA ,uih,l ds varxZr cSad iwoZfuèkkZfjr nj ij ,d fuf'pr va'knku vnk djrk gS vkSj cSad dknkf;Ro ,sls fuf'pr va'knku rd lhfer gSA bl va'knku dks ykHk,oa gkfu [kkrs esa çHkkfjr fd;k tkrk gSA
{kfriwfjr vuqifLFkfr;k¡
lafpr {kfriwfjr vuqifLFkfr;k]¡ tSls fo'ks"kkfèkdkj vodk'k vkSjfpfdRlk vodk'k] ds fy, chekafdd ewY;kadu ds vkèkkj ij izko/kkufd;k tkrk gSA
vU; deZpkjh lqfoèkk,¡ tSls Nqêh Hkqukuk] Nqêh ;k=k fj;k;r vkSjlsokfuo`fÙk ds ckn vfrfjä lsokfuo`fÙk ykHk] chekafdd ewY;kadu dsvkèkkj ij miyCèk djok, tkrs gSaA leqæikjh; 'kk[kkvksa ,oa dk;kZy;ksa esaçfrfu;qfä ds vykok dk;Zjr deZpkfj;ksa ls lacfUèkr ykHk rRlacaèkhdk;kZfèkdkj {ks=ksa ds dkuwu ds rgr ewY;kafdr ,oa ys[kkc) fd, tkrs gSaA
ifjpkyuxr iV~Vksa ij yh xbZ vkfLr;ksa gsrq iV~Vk Hkqxrkuksa dks dher
o`f) lfgr iV~Vk vof/k ;k vkfLr dh vofèk] tks de gks ds nkSjku ykHko gkfu [kkrs esa vfHkKkr fd;s tkrs gSA
vkdfLed ns;rk % igys fd, x, fØ;kdykiksa dks ftuls orZeku esalaHkkO; ck/;rk,a gks ldrh gSa] fuEu n'kkvksa esa vkdfLed ns;rk ds :i esaigpkus tkrs gSa] tgka %
, ,slh ck/;rkvksa dk vfLrRo iqf"VÑr ugha fd;k x;k gSA
¼ch½ ,slh ck/;rkvksa ds fuiVkjs ds fy, lalk/kuksa dk ckgjh izokgvisf{kr ugha gSA
¼lh½ ck/;rkvksa dh jkf'k dk ,d fo'oluh; vkdyu ugha fd;k tkldrk gSA
¼Mh½ ,slh jkf'k;k¡ HkkSfrd ugha gSaA
vU; deZpkjh lqfoèkk,¡
iV~Vs gsrq ys[kkadu
vkdfLed ns;rk,a vkSj izko/kku %
12.
13.
,
¼
13.2 ( )
(
(
(I)
(ii)
15.1
15.2
15.3
, orZeku ckË;rkv¨a ds ekeys esa] tgk¡ fo'oluh; vkdyu fd;ktk ldrk gS vkSj@;k tgk¡ cgqr NksVs nkoksa dks NksMdjck/;rkvksa dk fuiVku djus ds fy, vkfFkZd ykHkksa dk R;kx djrsgq, lalk/kuksa dk ckgjh izokg gksus dh laHkkouk gS] Áko/kku dhigpku dh tkrh gSA
ch½ cktkj t®f[ke®a] ns'k&fo'ks"k dh t®f£e vkfn ds fy,ÁkoËkku Hkkjrh; fjt+oZ cSad ds orZeku fn'kkfunsZ'kksa ds vuqlkjfd, tkrs gSaA
lh½ cSad ÁcaËku }kjk vfÒigpkfur :i ls ¶+y®fVax ÁkoËkku dhO;oLFkk dh tkrh gSA HkkfjcSad ds orZeku fn'kkfunsZ'kksa dsvuqlkj vLFkk;h izko/kku dk mi;ksx fuEu enksa ds fy, fd;k tkldrk gSA
xSj&fu"ikfnr vkfLr;ksa ds fy, fof'k"V izko/kku j[kuk
xSj&fu"ikfnr vkfLr;ksa esa fcØh esa gksusokyh deh dh iwfrZ djuk
vpy vkfLr;ksa ¼iqueZwY;kafdr vkfLr;ksa lfgr½ ds lacaèk esa vkfLr;ksa dh
gkuh ;fn dksbZ gks]ys[kk ekud 28 vkfLr;ksa dk vutZd gksuk dsvuq:i igpkuh tkrh gS vkSj mUgsa ykHk ,oa gkfu ys[ks esa çHkkfjr fd;ktkrk gSA rFkkfi] iqueZwY;kafdr vkfLr ij vkfLr;ksa dk vutZd lhèksvkfLr ds fy, dksbZ iqueZwY;u vfèk'ks"k ds :i esa igpkuk tkrk gS] rkfddksbZ Hkh ºzkl vkfLr ds fy, iqueZwY;u vfèk'ks"k esa j[kh jkf'k ls vfèkd u gksA
orZeku dj ,oa vkLFkfxr dj nksuksa ds fy, dj gsrq izko/kku fd;ktkrk gSA
orZeku dj dk ekiu] dj izkf/kdkfj;ksa dks vnk dh tkusokyh izR;kf'krjkf'k ds vuqlkj ykxw dj njksa] dj dkuwuksa ,oa vuqdwy U;kf;dQS+lyksa @ fof/kd jk; dk iz;ksx djrs gq, fd;k tkrk gSA
le; esa varj ds dkj.k mRiUu gksusokyh vkLFkfxr dj vkfLr;ka ,oans;rk,a] tksfd vkusokyh vof/k;ksa esa fjolZy dh {kerk j[krh gks] dhigpku] rqyu&i= dh frfFk rd rS;kj vFkok ckn esa rS;kj dj njksa ,oadj fu;eksa dk iz;ksx djrs gq, dh tkrh gSA vkLFkfxr dj vkfLr;ksa dhigpku rc rd ugha dh tkrh tc rd **opqZvy fuf'prrk** ugha gkstkrh fd i;kZIr Hkfo"; dj ;ksX; vk; miyC/k gksxh] ftlls ,slhvkLFkfxr dj vkfLr;k¡ mxkgh tk,axhA
14.
15.
vkfLr;ksa dk vutZd gksuk %
vk; ij dj
" "
160
b) New Pension Scheme (NPS) which is applicable to
employees who joined bank on or after 01.04.2010
and it is a defined contribution scheme. Under NPS
the Bank pays fixed contribution at pre determined
rate and the obligation of the Bank is limited to such
fixed contribution. The contribution is charged to
Profit and LossAccount.
iv) COMPENSATEDABSENCES
Accumulating compensated absences such as
Privilege Leave and Sick Leave are provided for based
on actuarial valuation.
v) OTHER EMPLOYEE BENEFITS
Other Employee benefits such as Leave Encashment,
Leave Fare Concession and Additional Retirement
Benefit on Retirement are provided for based on
actuarial valuation. In respect of overseas branches and
offices, the benefits in respect of employees other than
those on deputation are valued and accounted for as per
laws prevailing in the respective territories.
Lease payments including cost escalation for assets
taken on operating lease are recognized in the Profit
and Loss Account over the lease term or life whichever
is lower.
13.1 Contingent liability: Past events leading to, possible or
present obligations are recognised as contingent liability
in the following instances where:
(a) The existence of such obligations has not been
confirmed
(b) no outflow of resources are required to settle such
obligations
(c) a reliable estimate of the amount of the obligations
cannot be made
(d) such amounts are not material
12. ACCOUNTING FOR LEASES
13. CONTINGENT LIABILITIESAND PROVISIONS
13.2 (a) Provision is recognized in case of presentobligations where a reliable estimate can be madeand/or where there are probable outflow ofresources embodying foregoing of economicbenefits to settle the obligations, excludingfrivolous claims.
(b) Provision for Market Risk, Country Risk, etc., aremade in terms of extant instructions of RBI.
(c) Floating provision as identified by the BankManagement is provided for. Floating provisionmay be utilized as per extant RBI guidelines, for -
(i) Making specific provisions for non-performingassets;
(ii) Meeting any shortfall in sale of non-performingassets.
Impairment losses, if any, on Fixed Assets (includingrevalued assets) are recognised and charged to Profitand Loss Account in accordance with the AccountingStandard 28 “Impairment of Assets”. However, animpairment loss on a revalued asset is recogniseddirectly against any revaluation surplus for the asset tothe extent that the impairment loss does not exceed theamount held in the revaluation surplus for that sameasset.
15.1 Provision for tax is made for both Current Tax andDeferred Tax.
15.2 Current tax is measured at the amount expected to bepaid to the taxation authorities, using the applicable taxrates, tax laws and favourable judicial pronouncements /legal opinion.
15.3 Deferred Tax Assets and Liabilities arising on account oftiming differences and which are capable of reversal insubsequent periods are recognised using the tax ratesand tax laws that have been enacted or substantivelyenacted till the date of the Balance Sheet. Deferred TaxAssets are not recognised unless there is “virtualcertainty” that sufficient future taxable income will beavailable against which such deferred tax assets will berealised.
14. IMPAIRMENT OFASSETS
15. TAXES ON INCOME
161
1.
i) I 11.68 10.61
ii) (%)
II 13.67 13.24
III 13.20 12.86
iii) (%)
II 12.29 10.72
III 12.08 10.61
iv) (%)
II 1.38 2.52
III 1.12 2.25
v) 82.10 82.10
vi) 0 15.44
vii)
viii)
:
: 500*
ix)
:
[
]
III
iw¡th
ensa 31.03.2016 31.03.2015
lkekU; bZfDoVh fV;j iw¡th vuqikr
vf/keku 'ks;j iw¡th fy[kr 'kk'or lap;h vf/kekU; 'ks;j
(%)
I
II
II
I
II
I 1 500
lhvkj,vkj
csly
csly
lhvkj,vkj & fV;j iw¡th
lhvkj,vkj & fV;j iw¡th
Hkkjr ljdkj ds 'ks;j/kkj.k dk izfr'kr
fuxZfer bZfDoVh i¡wth dh jkf'k
fV;j iw¡th ds :Ik esa izkIr xkS.k _.k dh jkf'k 'kwU;
vfrfjDr fV;j iw¡th fuxZfer dh jkf'k] ftlesaih,ulhih,lihMhvkbZ
fV;j iw¡th fuxZfer dh jkf'k] ftlesa_.k iw¡th fy[kr
¼ihlhih,l½ @ izfrns; xSj lap;h vf/kekU; 'ks;j¼vkj,ulhih,l½ @ izfrns; lap;h vf/kekU; 'ks;j¼vkjlhih,l½
csly dk;kZfUor vfrfjä fV;j ¼,Vh ½ ckaM tks ç—fr ls LFkk;h gksrs gS] dks tkjh dj cSad us o"kZ ds nkSjku djksM+ tqVk;k gSA
csly
csly
csly
csly
'kwU;
'kwU;
'kwU; 'kwU;
*
¼ djksM+ esa½
¼ djksM+ esa½
`
`
`
ensa
2. fuos'k
2.1. 31.03.2015Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kksa ds vuqlkj] cSad ds ns'kh fuos'k lafoHkkx dks rhu laoxksZa esa ck¡V fn;k x;k gSA dks ;g oxhZdj.kfuEu izdkj gS %
¼ djksM+ esa½`
31/03/2016 31/03/2015oxhZdj.k
jkf'k izfr'kr jkf'k
dqy ;ksx
izfr'kr
* 27383.61 53.96 31807.83 72.82
23064.41 45.45 11725.07 26.84
300.63 0.59 147.24 0.34
50748.65 100.00 43680.15 100.00
ifjiDork ds fy, j[ks x, & ,p Vh ,e
fcØh ds fy, miyC/k & ,,Q,l
O;kikj ds fy, j[ks x, & ,p,QVh
*fuoy ekax vkSj lkof/k ns;rkvksa ds izfr'kr ds :i esa ns'kh ,pVh,e laoxZ dh ns'kh ,l,yvkj izfrHkwfr;ka izfr'kr ds vf/kdre fufnZ"V Lrj ds fo#)izfr'kr gSA ¼fiNys o"kZ ds fy, izfr'kr ds vf/kdre fufnZ"V Lrj ds fo#) izfr'kr gS½
21.50 16.66
23.50 22.30
vuqlwph & ys[kksa ij fVIif.k;k¡18
162
1. CAPITAL
i) Common Equity Tier 1 capital ratio (%) 11.68 10.61
ii) CRAR (%)
Basel II 13.67 13.24
Basel III 13.20 12.86
iii) CRAR - Tier I Capital (%)
Basel II 12.29 10.72
Basel III 12.08 10.61
iv) CRAR - Tier II Capital (%)
Basel II 1.38 2.52
Basel III 1.12 2.25
v) Percentage of the Shareholding of the Government of India 82.10 82.10
vi) Amount of equity capital raised (Amount in crore) 0 15.44
vii) Amount of subordinated debt raised as Tier-II capital NIL NIL
viii) Amount Additional Tier 1 capital raised; of which
PNCPS:
PDI: 500* NIL
ix) Amount of Additional Tier 2 capital raised ; of which
Debt capital instrument:
Preference Share Capital Instruments:[Perpetual Cumulative
Preference Shares(PCPS)/Redeemable Non-Cumulative
Preference Shares(RNCPS)/Redeemable Cumulative
Preference Shares(RCPS)] NIL NIL
Bank has raised 500 crore during the year, through issue of Basel III compliant Additional Tier I (AT1) Bonds which are
perpetual in nature.
Items 31.03.2016 31.03.2015
(Amount in crore)
*
`
`
`
2. INVESTMENTS
2.1. In accordance with the RBI guidelines, the Bank's domestic investment portfolio has been classified into three categories. Thefigures as at 31.03.16 are given hereunder:
` in Crore
Classification 31/03/2016 31/03/2015
Amount % Amount %
Held to Maturity -HTM * 27383.61 53.96 31807.83 72.82
Available for Sale –AFS 23064.41 45.45 11725.07 26.84
Held for Trading – HFT 300.63 0.59 147.24 0.34
Gross Total 50748.65 100.00 43680.15 100.00
*Domestic SLR securities in HTM category as a percentage of Net Demand and Time Liabilities works out to 16.66% against astipulated maximum level of 21.50% (previous year works out to 22.30% as against a stipulated maximum level of 23.50%).
SCHEDULE 18 - NOTES ON ACCOUNTS
163
2.2.
53418.32 45979.98
329.00 277.28
53089.32 45702.70
fuos'k
Pkkyw o"kZ
fuos'kksa dk ldy ewY;
ewY;gzkl o ,uihvkbZ ds fy, izko/kku
fuos'kksa dk fuoy ewY;
(1)
(i)
( ) 50748.65 43680.15
( ) 2669.67 2299.83
(ii)
( 233.98 188.06
95.02 89.22
(iii)
50514.67 43492.09
2574.65 2210.61
(2)
277.28 335.72
(ii) 92.76 50.45
(iii) 41.04 108.89
(iv) 329.00 277.28
fooj.k fiNys o"kZ
fuos'kksa dk ewY;
, Hkkjr esa
ch Hkkjr ds ckgj
fuos'kksa o ,uihvkbZ ij ewY;gzl ds fy, cuk, x, izko/kkuksa esa o`f)@deh
vFk'ks"k
tksM+s % o"kZ ds nkSjku fd, x, izko/kku
?kVk,¡ % o"kZ ds nkSjku vfrfjDr izko/kkuksa dk izfrys[ku@[kkrs esa Mkyuk
vafre 'ks"k
( )
( )
( )
( )
(i)
, Hkkjr esa
ch Hkkjr ds ckgj
, Hkkjr esa
ch Hkkjr ds ckgj
¼ dajksM+ esa½`
2.2.1 jsiks ysunsu ¼vafdr ewY;ksa esa½¼ djksM+ esa½`
jsiks ds rgr csph xbZ
ljdkjh izfrHkwfr;k¡
dkiksZjsV _.k
.
ii.
0.00 0.00 0.00 0.00
izfrHkwfr;ka
izfrHkwfr;k
i 0.00 3848.00 705.03 3848.00
izdkj
o"kZ ds nkSjku
U;wure
cdk;k
o"kZ ds nkSjkuvf/kdrecdk;k
o"kZ ds nkSjkunSfud vkSlr
cdk;k
31 2016ekpZdks cdk;k
fjolZ jsiks ds rgr [kjhnh
.
ii.
0.00 0.00 0.00 0.00
xbZ izfrHkwfr;ka
ljdkjh izfrHkwfr;k¡
dkiksZjsV _.kizfrHkwfr;k
i 0.00 5954.00 850.44 2288.00
164
2.2. Investments
Particulars Current Year Previous Year
(i) Gross value of investments 53418.32 45979.98
(ii) Provisions for Depreciation & NPI 329.00 277.28
(iii) Net value of Investments 53089.32 45702.70
(1) Value of Investments
(a) In India 50748.65 43680.15
(b) Outside India 2669.67 2299.83
(a) In India 233.98 188.06
(b) Outside India 95.02 89.22
(a) In India 50514.67 43492.09
(b) Outside India 2574.65 2210.61
(2) Movement of provisions held towards depreciation on investments & NPI
(i) Opening Balance 277.28 335.72
(ii) Add: Provisions made during the year 92.76 50.45
(iii) Less: Write-off/ Write back of excess provisions during the year 41.04 108.89
(iv) Closing Balance 329.00 277.28
(Amount in crore)`
2.2.1 REPO Transactions (in face value terms):(Amount in crore)`
Securities sold
under repo
I. Government securities
ii. Corporate debt
securities 0.00 0.00 0.00 0.00
0.00 3848.00 705.03 3848.00
Type
Minimum
outstanding
during the year
Maximum
outstanding
during the year
Daily average
outstanding
during the year
Outstanding
as on March 31, 2016
Securities purchased
under reverse repo
I. Government securities
ii. Corporate debt
securities 0.00 0.00 0.00 0.00
0.00 5954.00 850.44 2288.00
165
2.2.2
i)
xSj ,l,yvkj fuos'k lafoHkkx ¼ns’kh½xSj&,l,yvkj fuos'kksa ij tkjhdrkZ lajpuk
¼ dajksM+ esa½`
(1) (2) (3) (4) (5) (6) (7)
1 4805.28 4552.41 494.51 0.00 0.00
2 2591.65 2310.22 0.00 0.00 17.38
3 2430.44 2372.52 0.00 0.00 0.00
4 1256.99 1145.02 10.97 661.76 43.06
5 92.36 92.36 0.00 0.00 13.49
6 23.92 15.86 0.00 0.00 0.00
7
(-) 233.98 XX XX XX XX
661.76
foRrh; laLFkk,a
cSad
futh dkWiksZjsV
vuq"kaxh @ la;qDr m|e
vU;
ewY;gzkl o ,uihvkbZ ds izfr /kkfjr
#
#
izko/kku
dqy 10966.66 10488.39 505.48 73.93
lkoZtfud {ks=d miØe
tkjhdrkZ jkf'kla-
futh
vkcaVu
dh lhek
fuos'k Lrj ls
fuEu oxZ
dh
izfrHkwfr;ksa
dh ek=k
lwphc) ugha
dh xbZ
izfrHkwfr;ksa dh
ek=k
nj fu/kkZj.k
ugha dh xbZ
izfrHkwfr;ksa
dh ek=k
# 661.76#i;s djksM+ dh çfrHkwfr [kjhnksa dks lfEefyr dj tksfd HkkfjcSad ds fn'kkfunsZ'kksa ds vuqlkj çkjfEHkd 6 eghuksa dh vof/k ds fy, jsfVax ls NqV çkIr gSA
ii) xSj&fu"iknd xSj&,l,yvkj fuos'k ¼ dajksM+ esa½`
2015-16 2014-15
33.76 8.93
9.79 26.61
3.83 1.78
39.72 33.76
39.72 33.76
fooj.k
vFk 'ks"k
vizSy ls o"kZ ds nkSjku tksM+
o"kZ ds nkSjku ?kVkSrh
vafre 'ks"k
/kkfjr dqy izko/kku
1
2.2.3
2.2.4
2.2.5
,pVh,e oxZ esa@ls foØ; ,oa gLrkarj.k
o"kZ dh 'kq#vkr esa Hkkjrh; fjtoZ cSad ds fn'kkfunZs'kksa ds vuqlkj ,pVh,e oxZ esa@ls foØ; ,oa gLrkarj.k dk ,pVh,e oxZ esa j[ks x, fuos'kksa ds cgh ewY; ds 5
çfr'kr ls vfèkd ugha gks ldrk A
HkkfjcSad ds ifji= Mhchvkj-chih-chlh- la- 31@21-04-018@2015&16 fn- 16-07-2015 ds vuqlkj cSad us ukckMZ @ flMch @ ,u,pch ds lkFk j[kh xbZ tekvksa
dks ÞvU; vkfLr;ksaß ds v/khu ftls vc rd Þfuos'kß ds varxZr 'kkfey fd;k tk jgk Fkk] çkFkfedrk {ks= _.kn esa dfe;ksa dh iwfrZ gsrq oxhZ—r fd;k gSA blh
çdkj] bl rjg ds tekvksa ls C;kt vk; dks ÞC;kt vk;&vU;ß 'kh"kZ ds varxZr ftls vc rd ÞC;kt vk; fuos'kß ds varxZr 'kkfey fd;k tkrk Fkk] oxhZ—r
fd;k x;k gSA pkyw o"kZ ds oxhZdj.k ds vuq:i cukus ds fy, fiNys o"kZ ds vkadM+ksa dks Hkh iqu%oxhZ—r fd;k x;k gSA
cSad us o"kZ ds nkSjku Q‚fju djsalh Vªkalys'ku fjtoZ ¼,QlhVhvkj½ dks vuqlwph 2 Þvkjf{kfr;ka vkSj vf/k'ks"kß ds varxZr fn[kk;k gS ftls vc rd mrkj&p<+ko
fuf/kß ds v/khu ÞvU; ns;rk,¡ß ds rgr 'kkfey fd, x, Fks dks ,QlhVhvkj ij HkkfjcSad ds ifji= la- Mhchvkj- chih-chlh- 83@21-06-201@2015&16
fn- 01-03-2016 esa fn, x, fn'kk&funsZ'kksa ds vuq:i gksuk pkfg, A bl ekStwnk oxhZdj.k ds vuq:i gh mi;qZä gsrq fiNys o"kZ ds vkadM+ksa dks Hkh iqu%oxhZ—r fd;k
x;k gSA
la-
166
2.2.2 NON-SLR INVESTMENT PORTFOLIO (Domestic)
i) Issuer Composition of Non SLR Investments:(Amount in crore)`
(1) (2) (3) (4) (5) (6) (7)
1 PSU 4805.28 4552.41 494.51 0.00 0.00
2 FIs 2591.65 2310.22 0.00 0.00 17.38
3 Banks 2430.44 2372.52 0.00 0.00 0.00
4 Private Corporates 1256.99 1145.02 10.97 661.76 43.06
5 Subsidiaries/Joint Ventures 92.36 92.36 0.00 0.00 13.49
6 Others 23.92 15.86 0.00 0.00 0.00
7 Provision held towards
depreciation & NPI (-) 233.98 XX XX XX XX
Total 661.76
#
#10966.66 10488.39 505.48 73.93
ISSUER AMOUNTNo.
EXTENT OF
PRIVATE
PLACEMENT
EXTENT OF
BELOW
INVESTMENT
GRADE
SECURITIES
EXTENT OF
UNRATED
SECURITIES
EXTENT OF
UNLISTED
SECURITIES
# including Security Receipts of 661.76 crores which are exempted from Rating for a period of initial 6 months as per RBI guidelines`
ii) Non Performing Non-SLR Investments (Amount in crore)`
Particulars 2015-16 2014-15
Opening Balance 33.76 8.93
Additions during the year since 1 April 9.79 26.61
Reduction during the above period 3.83 1.78
Closing Balance 39.72 33.76
Total Provisions held 39.72 33.76
st
2.2.3 Sale and Transfers to / from HTM Category:
2.2.4
2.2.5
The value of sales and transfers of securities to / from HTM category did not exceed 5 per cent of the book value of
investments held in HTM category at the beginning of the year as per RBI guidelines.
In accordance with RBI circular DBR.BP.BC.No.31/21.04.018/2015-16 dated 16.07.2015 the bank has classified deposits
placed with NABARD/SIDBI/NHB for meeting shortfall in priority sector lending under “Other Assets” which were hitherto
included under “Investments”. Similarly, interest income from such deposits has been classified under the head “Interest
Income-Others”, which was hitherto included under “Interest Income Investments”. Figures for previous years have also
been regrouped to conform to current year classification.
During the year the Bank has shown Foreign Currency Translation Reserve (FCTR) under Schedule 2, “Reserves and
Surplus” hither to included under “Other liabilities” as “Exchange Fluctuation Fund”, to be in line with the guidelines on FCTR
given in RBI Cir. No. DBR.No.BP.BC 83/21.06.201/2015-16 dated 01.03.2016. Previous years figures for the same has also
been regrouped in line with this current classification.
167
3.
3.1
O;qRiUu
ok;nk nj djkj@C;kt nj LoSi ¼vkbZvkj ,l½
foRrh; o"kZ 2015&16 ds nkSjku] cSad us rqyu i= vkfLr;ksa dh cpko ds fy, ok;nk nj djkj@C;kt nj LoSi ¼vkbZvkj ,l½ds Lo:i dh dksbZ O;qRiUu lafonk ugha dhA
¼ dajksM+ esa½`
31.03.2016 31.03.2015ensa
i) 0.00 0.00
ii)
iii)
iv) 0.00 0.00
v) 0.00 0.00
vnyk&cnyh djkj dk vuqekfur ewy/ku
djkj ds varxZr viuh ck/;rkvksa dks iwjk djus esa ;fn foi{kh i{kdkjpwd djsa rks ogu dh tkusokyh gkfu;k¡ 'kwU; 'kwU;
LoSi djkj djus ij cSad dks vko';d laikf'oZd izfrHkwfr
ls mRiUu gksusokyk tksf[keksa dk ladsUnz.k
cgh dk mfpr ewY;
'kwU; 'kwU;
LoSi
LoSi
3.2 fofue; O;kikj C;kt nj O;qRikn %
iqujh{kk o"kZ ds nkSjku cSad us fofue; O;kikj fd, x, C;kt nj O;qRiUu ds fy, dksbZ djkj ugha fd;k gSA
i.
)
)
)
31 2015
Øe la- fooj.k pkyw o"kZ fiNys o"kZ
o"kZ ds nkSjku fd;s x;s fofue; O;kikj C;kt nj O;qRiUu dk vuqekfur ewy/ku¼fy[kr okj½
,
ch 'kwU;
lh
ekpZ dks fofue; O;kikj fd;s x;s C;kt nj O;qRiUu ds vuqekfur ewy/ku dkcdk;k ¼fy[kr okj½
foRrh; O;kikj fd;s x;s C;kt nj O;qRiUu ds vuqekfur ewy/ku dk cdk;k rFkkvf/kd izHkkokRed u jgusokys ¼fy[kr okj½
fofue; O;kikj fd;s x;s C;kt nj O;qRiUu ds cktkj ewY; dks cgh esa vafdr jkf'kdk cdk;k ¼fy[kr okj½
'kwU;
, 'kwU; 'kwU;
ch
ch
,
ch 'kwU; 'kwU;
ch
,
ch
ch 'kwU; 'kwU;
)
)
)
)
)
)
)
)
)
3.3
3.3.1
O;qRiUuksa esa _.k tksf[ke ij çdVhdj.k %
xq.kkRed çdVhdj.k%
varjkZ"Vªh; Losi Mhyj la?k ds fn'kkfunsZ'kksa ds vk/kkj ij lHkh LoSi ysunsu fd, x, gSaA ysunsuksa dks lekIr djus ds igys cSad ds ikl i;kZIr vkarfjd vuqeksnu vkSj
fu;a=.k iz.kkfy;k¡ miyC/k gSaA ¼ ½ O;kikj ¼Mhfyax½ ¼ ½ cSd&vkWfQ+l ¼le>kSrk] fuxjkuh vkSj fu;a=.k½ rFkk ¼ ½ ys[kkdj.k {ks=ksa ds chp ,d Li"V dk;Zdkjh i`FkDdj.kmiyC/k gSA
O;qRiUu mRikn [kaM ds varxZr cSad] vksojukbV baMsDl LoSi ¼vksvkbZ,l½ esa LokfeRo ysunsu dj jgk gSA bl [kaM esa cSad dh xfrfof/k;k¡ cSad ds cksMZ }kjk vuqeksfnrO;qRiUu mRikn laca/kh uhfr ds v/khu dh tkrh gSaSaA
i ii iii
cSad dh uhfr vkbZvkj,l dk mi;ksx djrs gq, vkfLr;ksa ds lkFk&lkFk ns;rk,¡ dh çfrj{kk dh vuqefr nsrh gSA gsftax ysu&nsuksa dks mip; vk/kkj ij ys[kkafdr fd;ktkuk pkfg,A ,sls LoSi tks C;kt dekusokyh vkfLr @ ns;rk dh çfrj{kk djrs gSa] gst dh xbZ vkfLr ;k ns;rk ds :i esa ys[kkafdr fd;k tkrk gSA cdk;k LoSi lafonk,¡cktkj ewY; ij vafdr gksrk gSA
168
3. DERIVATIVES
3.1 Forward RateAgreements / Interest Rate Swaps (IRS)
The Bank has not entered into Derivative contracts of the nature of Forward Rate Agreements / Interest Rate Swaps (IRS) to hedge
on balance sheet assets during the financial year 2015-16. (Amount in crore)`
Items 31.03.2016 31.03.2015
I) The notional Principal of Swap agreement 0.00 0.00
ii) Losses which would be incurred if counterparties failed tofulfill their obligations under the agreements. NIL NIL
iii) Collateral required by the bank upon entering into swaps NIL NIL
iv) Concentration of Credit Risk arising from the swaps 0.00 0.00
v) The fair value of swap book 0.00 0.00
3.2 Exchange Traded Interest Rate Derivatives
The bank has not contracted any exchange traded interest derivatives during the current year and in the previous year.
I. Notional principal amount of exchange traded interest rate derivativesundertaken during the year (instrument-wise)
a)
b)
c)
Notional principal amount of exchange traded interest rate derivativesoutstanding as on 31 March 2015 (instrument-wise)
a)
b)
c)
Notional principal amount of exchange traded interest rate derivativesoutstanding and not ”highly effective” (instrument-wise)
a)
b)
c)
Mark-to-Market value of exchange traded interest rate derivativesoutstanding and not “highly effective: (instrument-wise)
a)
b)
c) NIL
Sl No Particulars Current Year Previous Year
NIL
NIL
NIL
NIL
NIL
NIL
NIL
st
3.3 Disclosures on Risk Exposure in Derivatives
3.3.1 Qualitative Disclosures:
Bank's policy permits hedging of asset as well as liability using IRS. The hedging transactions are to be accounted on an accrualbasis. Swaps, which hedge interest bearing asset / liability, are accounted for as the asset or liability hedged. Outstanding swapcontracts are marked to market.
All swap deals shall be based on the guidelines of International Swaps Dealers' Association. Bank has adequate control systemsand also internal approvals prior to concluding transactions. There exists a clear functional segregation between (i) trading (Dealing)(ii) back office (settlement, monitoring and control) and (iii) accounting sections.
In the derivatives segment, the bank's policy permits doing proprietary trading in Overnight Index Swaps (OIS). The activities in thissegment are governed by the Derivatives Policy approved by the Bank's Board.
169
vksvkbZ,l ysunsuksa ls gksusokys ykHk o gkfu] ysunsu dh ifjiDork ;k lekfIr] tks Hkh iwoZ gks] ij ykHk o gkfu [kkrs esa n'kkZ;h tkrh gSA cdk;k vksvkbZ,l ysunsu dsewY;kadu dks fuf'pr djus ds fy,] laiw.kZ vnyk&cnyh dk lgh ewY;] rqyu i= ds fnukad ij vnyk&cnyh dh lekfIr ls izkI; ;k ns; jkf'k] ds vk/kkj ij fd;k tkrkgSA blls izkIr gkfu ds fy, laiw.kZ izko/kku fd;k tkrk gS vkSj vxj ykHk gks rks] utj vankt fd;k tkrk gSA
gkykafd] cSad us o"kZ ds nkSjku vkbZvkj,l @ vksvkbZ,l esa dksbZ ysu&nsu ugha fd;k gS ¼fiNys o"kZ& 'kwU;½A
fofue; cktkj esa ysunsu fd, tkus okys fons'kh fofue; O;qRiUu mRikn vFkkZr~ eqnzk ok;ns lkSns] fofue; cktkj fu/kkZfjr ewY;ksa ij ewY;kafdr fd, tkrs gSa vkSjifj.kkeLo:i feyus okys ykHk o ?kkVk] cSad ds ykHk o gkfu [kkrs esa n'kkZ;k tkrk gSA
;qRiUu cktkj esa cSad ds fuEufyf[kr mRikn gSa %
vksojukbV baMsDl LoSil ¼vksvkbZ,l½
eqæk ¶+;wplZ
ekpZ] dks cdk;k vksvkbZ,l 'kwU; jgk ¼fiNys o"kZ & 'kwU; ½
dks eqæk ¶;wplZ dh cdk;k fLFkfr djksM+ gS vkSj fiNys o"kZ djksM+ gS Fkh A
2015-16
31 2016
31-03-2016 2584.92 2379.98
3.3.2 ek=kRed ÁdVhdj.k
�
�
` `
( )djksM+ esa`
C;kt njO;qRikn
fooj.kØela- eqæk
O;qRikn
Pkkyw o"kZ fiNys o"kZC;kt njO;qRikn
eqækO;qRikn
1 2584.92 0.00 2379.98 0.00
0.00 0.00 0.00 0.00
2584.92 0.00 2379.98 0.00
2 (1)
(+) 0.05 0.00 1.28 0.00
(-) 62.29 0.00 0.00 0.00
3 (2) 51.75 0.00 48.87 0.00
4
0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00
5
0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00
0.00 0.00
0.00 0.00
O;qRiUu ¼ukeek= ewy jde½
d½ izfrj{kk ds fy,
[k½ O;kikj ds fy,
ckt+kj dh fLFkfr;ksa ij vafdr
d½ vkfLr
[k½ ns;rk
_.k tksf[ke
C;kt nj esa ,d izfr'kr cnyko dk laHkkO; izHkko¼100 ihoh 01½
d½ izfrj{kk O;qRiUu ij
[k½ O;kikj O;qRiUu ij
o"kZ ds nkSjku ik, x, 100 ihoh 01 dk yf{kr vkSjvf/kdre vkSj U;wure
d½ izfrj{kk ij
vf/kdre
U;wure
[k½ O;kikj ij
vf/kdre
U;wure
*
*
ykxw ugha ykxw ugha
ykxw ugha ykxw ugha
3.4.1 45.82 22.48
3.4.2 10960 53
3.4.3
2015-16 61.69 74.16
,pVh,e oxZ esa izfrHkwfr;ksa dh fcØh ds dkj.k izkIr ykHk tks gS] dks ¼fiNys o"kZ 'kwU;½ ykHk&gkfu ys[ks esa ntZ+ fd;k x;k vkSj rRi'pkr~
¼fiNys o"kZ 'kwU;½ dh jkf'k iwath vkjf{kr fuf/k esa varfjr dh xbZ ¼dj dkVus ds ckn fuoy vkSj lkafof/kd izkjf{kr fuf/k esa varj.k ds fy, visf{kr fuf/k½A
o"kZ ds vkjaHk esa] cSad us djksM+ dh ,l,yvkj izfrHkwfr;ksa dks cgh ewY; ij ,pVh laoxZ ls ,,Q,l laoxZ esa varfjr dj fn;kA
,pVh,e loaxZ esa oxhÑr izfrHkwfr;ksa ds ekeys esa ;fn vtZu dh ykxr mlds vafdr ewY; ls vf/kd gS] rks ifjiDork ds fy, 'ks"k vof/k esa izhfe;e dks ifj'kksf/kr
dj fn;k tk,xkA foRrh; o"kZ esa djksM+ dh jkf'k dks ¼xr o"kZ esa djksM+½ ifj'kksf/kr fd;k tk pqdk gS rFkk bls **fuos'kksa ij vk;**
ds varxZr dVkSrh ds :i esa n'kkZ;k x;k gSA
` `
`
` `
.
170
The gain or loss in OIS transactions is booked in the Profit and Loss account on the maturity or unwinding of the deal whichever is
earlier. For the purpose of valuation of outstanding OIS deals, the fair value of the total swap is computed on the basis of the amount
that would be receivable or payable on termination of the swap as on the balance sheet date. Losses arising there from, if any, are
fully provided for while the profits, if any, are ignored.
However Bank has not done any transactions in IRS/OIS during the year 2015-16 (Previous Year – Nil).
Exchange traded FX Derivatives i.e. Currency Futures, are valued at the Exchange determined prices and the resultant gains and
losses are recognized in the Profit and Loss account.
The Bank is active in the following products under derivatives:-
Overnight Index Swaps (OIS)
Currency Futures
The outstanding OIS position as on 31 March 2016 was Nil (previous year Nil).
Outstanding position in Currency futures as on 31.03.2016 is 2584.92 crores and previous year was 2379.98 crores
3.3.2 Quantitative Disclosures
�
�
st
` `
(Amount in crore)`
Interest RateDerivatives
ParticularsSI.
No.Currency
Derivatives
Current Year Previous Year
Interest RateDerivatives
CurrencyDerivatives
1 Derivatives (Notional PrincipalAmount) 2584.92 0.00 2379.98 0.00
a) For hedging 0.00 0.00 0.00 0.00
b) For trading 2584.92 0.00 2379.98 0.00
2 Marked to Market Positions (1)
a)Asset (+) 0.05 0.00 1.28 0.00
b) Liability (-) 62.29 0.00 0.00 0.00
3 Credit Exposure (2) 51.75 0.00 48.87 0.00
4 Likely impact of one percentage change in
interest rate (100*PV01)
a) On hedging derivatives 0.00 0.00 0.00 0.00
b) On trading derivatives 0.00 0.00 0.00 0.00
5 Maximum and Minimum of 100*PV01
observed during the year
a) On hedging
Maximum 0.00 0.00 0.00 0.00
Minimum 0.00 0.00 0.00 0.00
b) On Trading
Maximum NA 0.00 0.00
Minimum 0.00 0.00
NA
NA NA
3.4.1 Profit on account of sale of securities from HTM category amounting to 45.82 crores (previous year NIL) has been taken to
Profit and Loss Account and thereafter an amount of 22.48 crores (previous year NIL) was transferred to Capital Reserve
Account (net of taxes and the amount required to be transferred to statutory reserves).
3.4.2 In the beginning of the year, the Bank shifted SLR securities for Book Value of 10960.53 crores from HTM category
toAFS category.
3.4.3 In case of securities classified under HTM category, if acquisition cost is more than the face value, the premium is amortized
over the remaining period to maturity. For the Financial Year 2015-16, a sum of 61.69 crore (previous year 74.16 crore)
has been amortized and the same is reflected as a deduction from 'Income on Investments'.
`
`
`
` `
171
4.1. 2
4.1.3
izko/kku dojst vuqikr ¼ihlhvkj½
53.37 60.08xSj&fu"iknd _.k izko/kku dojst vuqikr izfr'kr jgk ¼fiNys o"kZ izfr'kr½A
cSad dh olwyh uhfr ds vuqlkj] dksbZ Hkh olwyh igys cgh 'ks"k dk]s mlds ckn viznRr fof/kd O;; ¼,e,ybZ½ dks vkSj ckn esa viznRr C;kt dks fofu;ksftr dh
tk,xhA
4. 2 iqu% lajpuk ds v/khu yk;s x;s [kkrksa dk fooj.k
2015-16 2014-15ensa
(i) (%) 4.20 2.50
(ii)
5670.44 4562.20
5711.68 3338.87
2555.08 2230.63
8827.04 5670.44
(iii)
3146.95 2763.65
3972.48 1993.95
1700.03 1610.65
5419.40 3146.95
(iv)
2130.68 1486.91
2393.22 1262.98
1597.14 619.21
2926.76 2130.68
fuoy vfxzeksa vkSj fuoy ,uih, dk vuqikr
,uih, ¼ldy½ esa mrkj p<+ko
¼,½ vFk'ks"k
¼ch½ o"kZ ds nkSjku tksM+
¼lh½ o"kZ ds nkSjku dVkSrh
¼Mh½ var'ks"k
fuoy ,uih, esa mrkj p<+ko
¼,½ vFk'ks"k
,uih, ds fy, izko/kkuksa esa mrkj p<+ko ¼ekud vkfLr;ksa ij izko/kkuksa vkSj py
izko/kkuksa dks NksM+dj½
¼,½ vFk'ks"k
¼ch½ o"kZ ds nkSjku fd, x, izko/kku
lh½ vfrfjDr izko/kkuksa dks cV~Vs [kkrs esa Mkyuk@izfrys[ku djuk
¼Mh½ var'ks"k
¼ch½ o"kZ ds nkSjku tksM+
¼lh½ o"kZ ds nkSjku dVkSrh
¼Mh½ var'ks"k
( )djksM+ esa`
( )djksM+ esa`
m/kkjdrkZvksa dh la[;k
cdk;k jkf'k
vf/kR;kx ¼mfpr ewY; esa deh½
vf/kR;kx ¼mfpr ewY; esa deh½
vf/kR;kx ¼mfpr ewY; esa deh½
vf/kR;kx ¼mfpr ewY; esa deh½
0 946 7867
0 175.74 951.85
0 0.26 2.97
0 25 103
0 2.08 51.59
0 0 1.62
0 0 20
0 0.00 0.70
0 0 0
0 971 7990
0 177.82 1004.14
0.00 0.26 4.59
m/kkjdrkZvksa dh la[;k
cdk;k jkf'k
m/kkjdrkZvksa dh la[;k
cdk;k jkf'k
m/kkjdrkZvksa dh la[;k
cdk;k jkf'k
2015-16
lhMhvkji)fr dh varxZr
,l,ebZ _.kiqu% lajpuk vU;
iqu%lajfpr ekud
_.k
iqu%lajfpr
voekud _.k
iqu%lajfpr
lafnX/k _.k
dqy
4.
4.1. 1
vkfLr xq.koRrk
xSj&fu"iknd vkfLr;k¡
172
4.1. 2 Provision Coverage Ratio (PCR)
4.1.3
Non Performing Loan Provisioning Coverage Ratio is 53.37% (previous year 60.08%).
As per Recovery Policy of the Bank, any recovery should be first appropriated to Book balance (Principal) and then to Unpaid
Legal Expenses (MLE) and thereafter to unpaid interest.
4. 2 Particulars ofAccounts Restructured
Items 2015-16 2014-15
(I) Net NPAs to NetAdvances (%) 4.20 2.50
(ii) Movement of NPAs (Gross)
(a) Opening Balance 5670.44 4562.20
(b)Additions during the year 5711.68 3338.87
(c) Reductions during the year 2555.08 2230.63
(d) Closing Balance 8827.04 5670.44
(iii) Movement of Net NPAs
(a) Opening Balance 3146.95 2763.65
(b)Additions during the year 3972.48 1993.95
(c) Reductions during the year 1700.03 1610.65
(d) Closing Balance 5419.40 3146.95
(iv) Movement of Provision for NPAs (excluding provisions on standard
assets and Floating Provisions)
(a) Opening Balance 2130.68 1486.91
(b) Provisions made during the year 2393.22 1262.98
Write-off / Write - back of excess provisions 1597.14 619.21
(d) Closing Balance 2926.76 2130.68
(c)
(Amount in crore)`
(Amount in crore)`
No. of Borrowers 0 946 7867
Amount outstanding 0 175.74 951.85
Sacrifice (diminution in the fair value) 0 0.26 2.97
No. of Borrowers 0 25 103
Amount outstanding 0 2.08 51.59
Sacrifice (diminution in the fair value) 0 0 1.62
No. of Borrowers 0 0 20
Amount outstanding 0 0.00 0.70
Sacrifice (diminution in the fair value) 0 0 0
No. of Borrowers 0 971 7990
Amount outstanding 0 177.82 1004.14
Sacrifice (diminution in the fair value) 0.00 0.26 4.59
2015-16
CDRMechanism
SME DebtRestructuring Others
Standardadvancesrestructured
Sub Standardadvancesrestructured
Doubtfuladvancesrestructured
TOTAL
4. ASSETS QUALITY
4.1. 1 Non-PerformingAssets
173
m/kkjdrkZvksa dh la[;k
cdk;k jkf'k
vf/kR;kx ¼mfpr ewY; esa deh½
5 54 370
532.52 161.07 2586.29
22.64 3.78 144.81
- 4 35
- 0.05 1.21
- 0 0
1 - -
54.24 - -
0 - -
6 58 405
586.76 161.12 2587.50
22.64 3.78 144.81
m/kkjdrkZvksa dh la[;k
cdk;k jkf'k
vf/kR;kx ¼mfpr ewY; esa deh½
m/kkjdrkZvksa dh la[;k
cdk;k jkf'k
vf/kR;kx ¼mfpr ewY; esa deh½
m/kkjdrkZvksa dh la[;k
cdk;k jkf'k
vf/kR;kx ¼mfpr ewY; esa deh½
2014-15
lhMhvkji)fr ds varxZr
,l,ebZ _.k iqulajpuk
vU;
( )djksM+ esa`
iqu%lajfpr
ekud _.k
iqu%lajfpr
voekud _.k
iqu%lajfpr
lafnX/k _.k
dqy
174
No. of Borrowers 5 54 370
Amount outstanding 532.52 161.07 2586.29
Sacrifice (diminution in the fair value) 22.64 3.78 144.81
No. of Borrowers - 4 35
Amount outstanding - 0.05 1.21
Sacrifice (diminution in the fair value) - 0 0
No. of Borrowers 1 - -
Amount outstanding 54.24 - -
Sacrifice (diminution in the fair value) 0 - -
No. of Borrowers 6 58 405
Amount outstanding 586.76 161.12 2587.50
Sacrifice (diminution in the fair value) 22.64 3.78 144.81
2014-15
CDRMechanism
SME DebtRestructuring Others
(Amount in crore)`
Standardadvancesrestructured
SubStandardadvancesrestructured
Doubtfuladvancesrestructured
TOTAL
175
lhMhv
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fr d
svarx
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17
110
028
103
191
228
0522
1375
1822
1358
04555
1495
2014
1596
05105
1549.3
980.9
4731.7
70
2362.1
0228.2
716.1
244.5
10
288.9
08166.5
7355.1
11262.2
10
9783.8
99944.2
3452.1
72038.4
90
12434.8
9
49.7
80
11.1
90
60.9
74.0
80.1
40.3
40
4.5
6358.7
12.8
918.9
00
380.5
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73.0
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mèkkjd
rkZvksa
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kcd
k;k
jkf'k
ml i
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00
00
0946
25
00
971
7867
103
20
07990
8813
128
20
08961
00
00
0175.7
42.0
80
0177.8
2951.8
551.5
90.7
01004.1
41127.5
953.6
70.7
01181.9
6
00
00
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60
00
0.2
62.9
71.6
20
04.5
93.2
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5
4 5 6
mèkkjd
rkZvksa
dh la[;
kcd
k;k
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ml i
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00
00
01
-10
00
42
-35
-70
043
-36
-70
0
0.0
00.0
00.0
00.0
00.0
00.1
6-0
.16
0.0
00.0
00.0
031.5
2-2
.11
-29.4
10.0
00.0
031.6
8-2
.27
-29.4
10
0.0
0
0.0
00.0
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00.0
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0.0
00.0
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04.5
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00.0
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7 8 9
mèkkjd
rkZvksa
dh la[;
kcd
k;k
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ml i
jçkoèkku
55
15
15
309
309
329
329
312.7
516.0
616.0
6881.6
0881.6
01210.4
11210.4
1
11.2
90.0
20.0
232.5
432.5
443.8
543.8
5
312.7
5
11.2
9
10
11
12
mèkkjd
rkZvksa
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k
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16
17
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mèkkjd
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19
20
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mèkkjdrkZv
ksadh la[;k
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jkf'k
ml i
jçkoèkku
-4-1
40
-1-8
5-3
7121
0-1
-1399
527
874
02
-1488
489
999
00
-543.4
6-8
0.9
4543.4
60.0
0-8
0.9
4-6
2.3
740.4
121.9
50.0
0-0
.01
-859.5
7-2
05.3
11145.8
30.0
080.9
5-1
465.4
0-2
45.8
41711.2
40
0.0
0
-4.4
40
4.4
40
0-0
.66
0.5
20.1
40
0.0
0-2
0.7
2-2
.24
22.9
60
0-2
5.8
2-1
.72
27.5
40
0.0
0
00
40
01
24
126
06
670
36
712
07
698
37
742
00
236.9
80
236.9
80
02.1
70
2.1
70
0.1
184.1
80.6
984.9
80
0.1
1323.3
30.6
9324.1
3
00
00
00
00
00
00
00
00
00
00
4
70
80
15
983
111
319
01413
8320
1463
2008
011791
9310
1574
2335
013219
760.3
10.0
0780.6
30.0
01540.9
4312.1
558.7
958.9
00.0
0429.8
45293.7
7176.4
01549.9
00.0
07020.0
76366.2
3235.1
92389.4
30
8990.8
5
32.1
90.0
033.2
00.0
065.3
91.8
30.1
10.1
40.0
02.0
887.2
32.4
733.6
30.0
0123.3
3121.2
52.5
866.9
700
190.8
0
*ekud
iqul
aZjfpr
vfxzeksa d
s mu
vkad
M+s d
ks NksM+dj ft
uds d
kj.k m
Pp ç
koèkkuhdj.k ;k tksf[
ke Hkkj
ugha v
krk¼;
fn ç
;ksT; g
ks½
1 2 3 4 5 6 7
ekud
lafnXèk
gkfu
dqy
voe
kud
ekud
lafnXèk
dqy
voe
kud
ekud
lafnXèk
gkfu
dqy
voe
kud
vU;
dqy
gkfu
176
Under
CD
R M
echanis
mU
nder
SM
E D
ebt R
estr
uctu
ring
Oth
ers
Tota
lType o
f R
estr
uctu
ring
Asset C
lassific
ation
Sl N
oD
eta
ils
Sta
ndard
Sub-
Sta
ndard
Do
ub
tfu
lL
oss
To
tal
Sta
ndard
Sub-
Sta
ndard
Do
ub
tfu
lL
oss
To
tal
Sta
ndard
Sub-
Sta
ndard
Do
ub
tfu
lL
oss
To
tal
Sta
ndard
Sub-
Sta
ndard
Do
ub
tfu
lL
oss
To
tal
17
110
028
103
191
228
0522
1375
1822
1358
04555
1495
2014
1596
05105
1549.3
980.9
4731.7
70
2362.1
0228.2
716.1
244.5
10
288.9
08166.5
7355.1
11262.2
10
9783.8
99944.2
3452.1
72038.4
90
12434.8
9
49.7
80
11.1
90
60.9
74.0
80.1
40.3
40
4.5
6358.7
12.8
918.9
00
380.5
0412.5
73.0
330.4
30
446.0
3
Restr
uctu
red
Accounts
as o
nA
pril
1of th
e F
Y2015
(openin
g fig
ure
) *
Fre
sh r
estr
uctu
ring
during
Apr-
Mar
2016
Upgra
dation to
restr
uctu
red
sta
ndard
cate
gory
during
Apr-
Mar
2016
Restr
uctu
red
sta
ndard
advances
whic
h c
ease to
attra
ct hig
her
pro
vis
ionin
g a
nd / o
r
additio
nal risk w
eig
ht
at th
e e
nd o
f th
e F
Y
and h
ence n
eed n
ot
be s
how
n a
s
restr
uctu
red
sta
ndard
advances
at th
e b
egin
nin
g o
f
the n
ext F
Y
Dow
ngra
dations o
f
restr
uctu
red
accounts
during
Apr-
Mar
2016
Write
-offs o
f
restr
uctu
red
accounts
during
Apr-
Mar
2016
Restr
uctu
red
Accounts
as o
n
Mar
31 o
f th
e F
Y
2016
(clo
sin
gfigure
)*
1 2 3
Num
ber
Of
Borr
ow
ers
Am
ount
Outs
tandin
g
Pro
vis
ion
there
on
00
00
0946
25
00
971
7867
103
20
07990
8813
128
20
08961
00
00
0175.7
42.0
80
0177.8
2951.8
551.5
90.7
01004.1
41127.5
953.6
70.7
01181.9
6
00
00
00.2
60
00
0.2
62.9
71.6
20
04.5
93.2
31.6
20
04.8
5
4 5 6
Num
ber
Of
Borr
ow
ers
Am
ount
Outs
tandin
g
Pro
vis
ion
the
reo
n
00
00
01
-10
00
42
-35
-70
043
-36
-70
0
0.0
00.0
00.0
00.0
00.0
00.1
6-0
.16
0.0
00.0
00.0
031.5
2-2
.11
-29.4
10.0
00.0
031.6
8-2
.27
-29.4
10
0.0
0
0.0
00.0
00.0
00.0
00.0
00.0
1-0
.01
0.0
00.0
00.0
04.5
4-0
.02
-4.5
20.0
00.0
04.5
5-0
.03
-4.5
20
0.0
0
7 8 9
Num
ber
Of
Borr
ow
ers
Am
ount
Outs
tandin
g
Pro
vis
ion
the
reo
n
55
15
15
309
309
329
329
312.7
516.0
616.0
6881.6
0881.6
01210.4
11210.4
1
11.2
90.0
20.0
232.5
432.5
443.8
543.8
5
312.7
5
11.2
9
10
11
12
Num
ber
Of
Borr
ow
ers
Am
ount
Outs
tandin
g
Pro
vis
ion
the
reo
n
13
14
15
Num
ber
Of
Borr
ow
ers
Am
ount
Outs
tandin
g
Pro
vis
ion
the
reo
n
16
17
18
Num
ber
Of
Borr
ow
ers
Am
ount
Outs
tandin
g
Pro
vis
ion
the
reo
n
19
20
21
Num
ber
Of
Borr
ow
ers
Am
ount
Outs
tandin
g
Pro
vis
ion
there
on
-4-1
40
-1-8
5-3
7121
0-1
-1399
527
874
02
-1488
489
999
00
-543.4
6-8
0.9
4543.4
60.0
0-8
0.9
4-6
2.3
740.4
121.9
50.0
0-0
.01
-859.5
7-2
05.3
11145.8
30.0
080.9
5-1
465.4
0-2
45.8
41711.2
40
0.0
0
-4.4
40
4.4
40
0-0
.66
0.5
20.1
40
0.0
0-2
0.7
2-2
.24
22.9
60
0-2
5.8
2-1
.72
27.5
40
0.0
0
00
40
01
24
126
06
670
36
712
07
698
37
742
00
236.9
80
236.9
80
02.1
70
2.1
70
0.1
184.1
80.6
984.9
80
0.1
1323.3
30.6
9324.1
3
00
00
00
00
00
00
00
00
00
00
4
70
80
15
983
111
319
01413
8320
1463
2008
011791
9310
1574
2335
013219
760.3
10.0
0780.6
30.0
01540.9
4312.1
558.7
958.9
00.0
0429.8
45293.7
7176.4
01549.9
00.0
07020.0
76366.2
3235.1
92389.4
30
8990.8
5
32.1
90.0
033.2
00.0
065.3
91.8
30.1
10.1
40.0
02.0
887.2
32.4
733.6
30.0
0123.3
3121.2
52.5
866.9
700
190.8
0
* E
xclu
din
g the fig
ure
s o
f S
tandard
Restr
uctu
red
Advances w
hic
h d
o n
ot attra
ct hig
her
pro
vis
ionin
g o
r risk w
eig
ht (if applic
able
)
1 2 3 4 5 6 7
177
4.3 vkfLr iqufuZekZ.k ds fy, [email protected] daiuh dks csph xbZ foRrh; vkfLr;ksa ds fooj.k( )djksM esa`
4.3.1
ensa 2015-16 2014-15
(i) 12 21
(ii) 455.44 383.93
(iii) 813.96 630.76
(iv) -- --
(v) 358.52 246.83
[kkrksa dh la[;k
,llh@vkjlh dks csps x, [kkrksa dk ldy ewY; ¼izko/kkuksa ls fuoy½
ldy izfrQy
fiNys o"kksZa esa varfjr [kkrs ds laca/k esa olwyk x;k vfrfjr izfrQy
fuoy cgh ewY; ij ldy ykHk@gkfu
çfrHkwfr çkfIr;ksa esa fuos'kdk cgh ewY;
1335.09 1940.23 'kwU; 'kwU; 1335.09 1940.23
fooj.k
varfuZfgr :i lscSad }kjk csps x, ,uih,
dks ysdjdqy
vU; cSadksa@foÙkh;laLFkkvksa@xSj&cSafdax foÙkh;
laLFkkvksa }kjk varfuZfgr :i lscsps x, ,uih, }kjk lefFkZr
foxr aco"kZ orZeku o"kZ foxr aco"kZ orZeku o"kZ foxr aco"kZ orZeku o"kZ
4.3.2 ( )djksM esa`
varfuZfgr :i ls cSad }kjk csps x, ,uih, dks ysdj
vU; cSadksa@foÙkh; laLFkkvksa@xSj&cSafdax foÙkh; laLFkkvksa }kjk varfuZfgr :i ls csps x,
,uih, }kjk lefFkZr
fooj.k foxr o"kZ foxr o"kZ
dqy
(I) 979.62 681.82
(ii)
979.62 681.82
'kwU; 'kwU;
( )djksM esa`
4.4
.
[kjhnh @ csph x;h xSj fu"Ikknd foRrh; vkfLr;ksa ds fooj.k
, [kjhnh x;h xSj&fu"iknd foRrh; vkfLr;ksa ds fooj.k
ch- csph x;h xSj&fu"iknd foRrh; vkfLr;ksa ds fooj.k
fooj.k
1.
2.
2015-16 2014-15
¼,½ o"kZ ds nkSjku [kjhns x, [kkrksa dh la[;k
¼ch½ cdk;k dqy 'ks"k 'kwU;
¼,½ bues ls o"kZ ds nkSjku iqu% lajfpr [kkrksa dh la[;k
¼ch½ cdk;k dqy 'ks"k
'kwU; 'kwU;
'kwU;
'kwU; 'kwU;
'kwU; 'kwU;
fooj.k 2015-16 2014-15
1. 12 21
2. 455.44 699.07
3. 813.96 630.76
csps x, [kkrksa dh la[;k
cdk;k dqy 'ks"k
izkIr dqy izfrQy
( )djksM esa`
( )djksM esa`
4.5 ekud vkfLr;ksa ds fy, izko/kku
2015-16 2014-15ensa
Hkkjrh; fjt+oZ cSad }kjk tkjh foosdiw.kZ ekunaMksa ds vuqlkj o"kZ ds nkSjku fd, x, ekud vkfLr;ksa ds fy, izko/kku* -134.90 139.06
( )djksM esa`
*oSf'od
178
4.3 Details of financial assets sold to Securitisation / Reconstruction Company forAsset Reconstruction(Amount in crore)`
4.3.1
(i) No. ofAccounts 12 21
(ii)Aggregate value (net of provisions) of accounts sold to SC/RC 455.44 383.93
(iii)Aggregate consideration 813.96 630.76
(iv)Additional consideration realised in respect of accounts transferred in earlier years -- --
(v)Aggregate gain/ loss over net book value 358.52 246.83
Items 2015-16 2014-15
Book value of investments 1335.09 1940.23 Nilin security receipts
Nil 1335.09 1940.23
Particulars
Backed by NPAs soldby the Bank as
underlyingTotal
Backed by NPAs sold by otherbanks/financial institutions/
non-banking financialcompanies as underlying
Previous year Current year Previous year Current year Previous year Current year
4.3.2 (Amount in crore)`
(i) Backed by NPAs sold by the bank as underlying 979.62 681.82
(ii) Backed by NPAs sold by other banks / financial institutions /
financial companies as underlying NIL NIL
Total 979.62 681.82
Particulars Current year Previous Year
non banking
(Amount in crore)`
4.4 Details of non-performing financial assets purchased /sold
A. Details of non-performing financial assets purchased:
B. Details of non-performing financial assets sold
1. (a) NIL NIL
(b)Aggregate outstanding NIL NIL
2. (a) Of these, number of accounts restructured during the year NIL NIL
(b)Aggregate outstanding NIL NIL
Particulars 2015-16 2014-15
.No. of accounts purchased during the year
Particulars 2015-16 2014-15
1. No. of accounts sold 12 21
2.Aggregate Outstanding 455.44 699.07
3.Aggregate consideration received 813.96 630.76
(Amount in crore)`
(Amount in crore)`
4.5 Provision on Standard Assets
2015-16 2014-15
Provisions towards StandardAssets made during the year as per prudential norms issued by RBI* -134.90 139.06
(Amount in crore)`
*Global
179
5. O;kikj vuqikr
fooj.k 2015-16 2014-15
(i) 8.13 8.59
(ii) 0.89 0.74
(iii) 1.52 1.63
dk;Z'khy fuf/k ds izfr'kr ds :i esa C;kt vk;
dk;Z'khy fuf/k ds izfr'kr ds :i esa xSj&C;kt vk;
dk;Z'khy fuf/k ds izfr'kr ds :i esa ifjpkyu ykHk
(iv) 0.36 0.54
(v) 15.31 14.43
(vi) 3.53 4.95
vkfLr;ksa ij izfrykHk ¼ ½
dkjksckj ¼tek,¡ ,oa vfxze½ izfr deZpkjh ¼#- djksM esa½
izfr deZpkjh ykHk ¼ yk[k esa½
%
R
6. vkfLr ns;rk izca/ku
vkfLr;ksa @ ns;rkvksa dh dqN enksa dk ifjiDork iSVuZ ¼cSad }kjk ;Fkk ladfyr½
fooj.k 1 fnu2-7fnu
8-14fnu
15 30-fnu
31 fnuls 2eghuk
3
rFkk 6
eghuksa rd
eghuksa
ls vf/kd6 eghuksa ls
vf/kd rFkk
1 o"kZ rd
1 o"kZ lsvf/kd rFkk3 o"kksaZ rd
5 o"kksaZ lsvf/kd
dqy
** 3942.59 2288.00 409.56djksM+ dh fjiks ¼,y,,Q½ izfrHkwfr;k¡] djksM+ fjloZ fjiks ¼,,y,Q½ izfrHkwfr;k¡ 'kkfey gSa vkSj djksM+ dh lwphc)bZfDofV;ksa dk 50 izfr'kr 'kkfey ugha gSA
� �`
3 o"kksaZ lsvf/kdrFkk 5o"kksaZ rd
( )djksM+ esa`
tek,a
fuos'k
vfxze
fons'kh
eqnzk
21.35 0.00 0.00 0.00 145.76 212.02 506.85 1123.26 0.01 1000.05 500.02 3509.32
4024.04 1941.23 990.08 969.13 1586.51 2194.38 3530.13 5125.57 23098.18 2637.67 8442.18 54539.10
1446.24 1590.39 7143.69 4785.52 7083.04 7409.41 9405.54 19762.23 37536.89 16017.31 16868.82 129049.08
158.23 135.00 284.83 427.57 519.44 859.86 1251.81 2395.44 1787.68 787.13 626.62 9233.60
599.92 104.40 387.44 1166.01 1200.75 1634.37 1008.21 1244.57 819.24 458.87 181.71 8805.49
999.33 2209.04 2070.09 1990.50 7232.30 8117.29 17938.78 19652.43 108869.16 6317.52 2889.40 178285.84
m/kkj
ftlesa ls
fons'kh
eqnzk
vkfLr;ka
*
ns;rk,a
( )djksM+ esa`
nks ls
rhu
eghuksa ls
vf/kd
180
5. Business Ratios
Particulars 2015-16 2014-15
(i) Interest Income as a percentage to Working Funds 8.13 8.59
(ii) Non-Interest Income as a percentage to Working Funds 0.89 0.74
(iii) Operating Profit as a percentage to Working Funds 1.52 1.63
(iv) Return on Assets (%) 0.36 0.54
(v) Business (Deposits plus Advances) per employee ( Crore) 15.31 14.43
(vi) Profit per employee ( lakh) 3.53 4.95
`
`
6. Asset Liability Management
Maturity Pattern of certain items of Assets and Liabilities (As compiled by the Bank)
Particulars 1 day2-7
days
8-14
days
15 to 30
days
31 days
to
2 months
Over
2 to 3
months
Over
3 months
to 6
months
Over
6
to
1 year
monthsOver 1
years to
3 years
Over 5
yearsTotal
*Includes Repo(LAF) securities of 3942.59 crore, Reverse Repo(LAF) securities of 2288.00 crore and excludes 50% oflisted equities of 409.56 crore
R R
R
Over 3
years to
5 years
(Amount in crore)`
Deposits
21.35 0.00 0.00 0.00 145.76 212.02 506.85 1123.26 0.01 1000.05 500.02 3509.32
Investments* 4024.04 1941.23 990.08 969.13 1586.51 2194.38 3530.13 5125.57 23098.18 2637.67 8442.18 54539.10
Advances 1446.24 1590.39 7143.69 4785.52 7083.04 7409.41 9405.54 19762.23 37536.89 16017.31 16868.82 129049.08
Foreign
Currency
158.23 135.00 284.83 427.57 519.44 859.86 1251.81 2395.44 1787.68 787.13 626.62 9233.60
Foreign
Currency
599.92 104.40 387.44 1166.01 1200.75 1634.37 1008.21 1244.57 819.24 458.87 181.71 8805.49
999.33 2209.04 2070.09 1990.50 7232.30 8117.29 17938.78 19652.43 108869.16 6317.52 2889.40 178285.84
Borrowings
of which
Liabilities
Assets
(Amount in crore)`
181
7.
7.1
laonsu'khy {ks=ksa dks m/kkj
fj;y ,LVsV {ks= dks _.k ( )djksM+ esa`
31.03.2016 31.03.2015
18725.38 16365.68
, izR;{k _.k
vkokfld ca/kd
ftlesa ls oS;fDrd x`g _.k tks izkFkfedrk {ks= ds rgr ''kkfey fd, tkus gsrq ;ksX; gS
okf.kfT;d fj;y ,LVsV
ca/kd lefFkZr izfrHkwfr;ksa ¼,ch,l½ esa fuos'k vkSj vU; izfrHkwfrÑr _.k
,½ vkokfld
ch½ okf.kfT;d fj;y ,LVsV
ch vizR;{k _.k
jk"Vªh; vkok cSad vkSj vkokl foRr fuxe ij fuf/k vk/kkfjr rFkkxSj&fuf/kd _.k
)
(i) 9888.81 8664.33
5360.00 5331.01
(ii) 2668.14 2673.88
(iii)
0.07 0.13
)
6168.36 5027.34
'kwU; 'kwU;
'kwU; 'kwU;
l
fj;y ,LVsV {ks= dks dqy _.k
Js.kh
7.2 iwath cktkj esa ,Dlikstj
(I)
562.37 477.32
(ii)
(iii)23.09 23.40
(iv)
(v)32.00 32.00
(vi)
(vii)
(viii)
(ix)
(x) 40.90 35.35
en
'kwU;
iwath cktkj dks dqy ,Dlikstj
31.03.2016 31.03.2015
658.36 568.07
izR;{k fuos'k
,½ bZfDoVh 'ks;j esa
ch½ ckaM~l@ifjorZuh; fMcsapjksa esa
lh½ bZfDoVh mUeq[k E;wpqvy QaMksa ds ;wfuVksa esa ftldkdkWjil ek= dkiksZjsV _.k esa fuos'k ughafd;k x;k gSA
;fDr;ksa dks bZfDoVh 'ks;jksa ¼vkbZihvks@bZ,lvksih lfgr½ ifjorZuh; ckaMksa ,oa fMcsapjksa]bZfDoVh mUeq[k E;wpqvy QaMksa ds ;wfuVksa esa fuos'k ds fy, 'ks;jksa@ckaMksa@fMcsapjksa ;k vU; izfrHkwfr;ksadh tekur ij vfxze ;k O;fDr;ksa dks cstekurh _.k
fdlh vU; iz;kstu ds fy, vfxze tgka 'ks;jksa ;k ifjorZuh; ckaMksa ;k ifjorZuh; fMcsapjksa ;kbZfDoVh mUeq[k E;wpqvy QaMksa ds ;wfuVksa dks izkFkfed tekur ds :Ik esa fy;k tkrk gSA
fdlh vU; iz;kstu ds fy, vfxze tksfd 'ks;jksa vFkok ml lhek rd ifjorZuh; ckaMksa ;k ifjorZuh;fMcsapjksa ;k bZfDoVh mUeq[k E;wpqvy QaMksa ds ;wfuVksa }kjk izR;kHkwr gSa vFkkZr` 'ks;jksa@ ifjorZuh; ckaMksa ;kifjorZuh; fMcsapjksa ;k bZfDoVh mUeq[k E;wpqvy QaMksa ds ;wfuVksa ds vykok izkFkfed izfrHkwfr vfxzeksa dksiw.kZr% doj ugha djrhA
LVkWd czksdjksa dks izR;kHkwr vkSj vizR;kHkwr vfxze ,oa LVkWd czksdjksa rFkk ekdsZV esdjksa dh vksjls tkjh xkjafV;kaA
lzksrksa dks miyC/k djkus dh izR;k'kk esa ubZ daifu;ksa dh bZfDoVh ds fy, izorZd ds va'knku dks iwjk djus dsfy, 'ks;jksa@ckaMksa@fMcsapjksa vFkok vU; izfrHkwfr;ksa ds fo:) vFkok cstekurh vk/kkj ij dkiksZjsVksadks eatwj _.kA
izR;kf'kr bZfDoVh izokgksa@fuxZeksa ds fo:) daifu;ksa dks iwjd _.k A
'ks;jksa vFkok ifjorZuh; ckaMksa vFkok ifjorZuh; fMcsapjksa ;k bZfDoVh mUeq[k E;wpqvy QaMksa ds ;wfuVksa dsizkFkfed fuxZe ds laca/k esa cSadksa }kjk nh xbZ gkfenkjh çfrc)rk,aA
ekftZu VªsfMax gsrq LVkWd czksdjksa dks foRrh;u
mn~;e iwath fuf/k;ksa ¼iathd`r vkSj viathd`r nksuks½ ds lHkh ,DikstjA
'kwU;
'kwU; 'kwU;
'kwU; 'kwU;
'kwU; 'kwU;
'kwU; 'kwU;
'kwU; 'kwU;
'kwU; 'kwU;
'kwU; 'kwU;
( )djksM+ esa`
182
7. Lending to Sensitive Sector
7.1 Exposure to Real Estate Sector (Amount in crore)`
Category 31.03.2016 31.03.2015
Total Exposure to Real Estate Sector 18725.38 16365.68
A) Direct Exposure
(i) Residential Mortgages - 9888.81 8664.33
Out of which individual housing loans eligible for being included under priority sector 5360.00 5331.01
(ii) Commercial Real Estate - 2668.14 2673.88
(iii) Investment in Mortgage Backed Securities (MBS) and other securitized exposures NIL NIL
a) Residential 0.07 0.13
b) Commercial Real Estate NIL NIL
B) Indirect Exposure
Fund based and Non-fund based exposure on National Housing Bank andHousing Finance Corporation 6168.36 5027.34
7.2 Exposure to Capital Market
(i) Direct investment
a) In Equity shares, 562.37 477.32
b) In Bonds/ Convertible Debentures, NIL NIL
c) In Units of Equity- Oriented Mutual Fundsthe corpus of which is not exclusivelyinvested in Corporate Debt; NIL NIL
(ii) Advances against Shares/Bonds/Debentures or other Securities or on clean basis toindividuals for investment in Equity shares (including IPOs/ESOPs) Convertible Bonds,Convertible Debentures, and units of Equity Oriented Mutual Funds; NIL NIL
(iii) Advances for any other purposes where shares or convertible bonds or convertibledebentures or units of equity oriented mutual funds are taken as primary security; 23.09 23.40
(iv) Advances for any other purposes to the extent secured by the collateral security ofshares or convertible bonds or convertible debentures or units of equity oriented mutualfunds i.e. where the primary security other than shares/convertible bonds/convertibledebentures/units of equity oriented mutual funds does not fully cover advances ; NIL NIL
(v) Secured and unsecured advances to stockbrokers and guarantees issued onbehalf of stockbrokers and market makers; 32.00 32.00
(vi) Loans sanctioned to corporates against the security of shares/bonds/debentures orother securities or on clean basis for meeting promoter’s contribution to the equity ofnew companies in anticipation of raising resources; NIL NIL
(vii) Bridge loans to companies against expected equity flows/issues; NIL NIL
(viii) Underwriting commitments taken up by the banks in respect of primary issue of sharesor convertible bonds or convertible debentures or units of equity oriented mutual funds; NIL NIL
(ix) Financing to stockbrokers for margin trading NIL NIL
(x) All exposures to Venture Capital Funds (both registered and unregistered); 40.90 35.35
Items 31.03.2016 31.03.2015
Total Exposure to Capital Market 658.36 568.07
(Amount in crore)`
183
7.3 tksf[ke laoxZokj ns'k lacaèkh _.k( )djksM+ esa`
ux.;
U;wu
e/;e :i ls U;wu
mPp
lokZsPp
çfrcafèkr
v‚Q ØsfMV
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
5080.89 2.05 5457.00 2.65
3821.08 4.22 4542.42 3.20
283.81 245.48
dqy 9185.78 6.27 10244.90 5.85
ns'k fo'ks"k dks iznRr _.k dk tksf[ke izca/ku %
cSad us 31-03-2016 dks fofHkUu ns'kksa dks iznRr fuoy fuf/k ,Dlikstj dk fo'ys"k.k fd;k gS vkSj flaxkiqj o Jhyadk dks NksM+ dj vU; ns'kksa ds izfr ;g ,Dlikstj cSad dh
dqy vkfLr;ksa ds 1 izfr'kr dh lhek ds Hkhrj gSA flaxkiqj] ftls bZlhthlh fyfeVsM us xSj egRoiw.kZ tksf[ke laoxZ ds v/khu oxhZÑr fd;k gS] ds fy, -2-05 djksM+
¼xr o"kZ & 2-65 djksM+½ dk ,oa Jhyadk] ftls U;wu tksf[ke laoxZ ds v/khu oxhZÑr fd;k gS] ds fy, djksM+ ¼xr o"kZ djksM½ dk izko/kku miyC/k gSA4.22 3.20
7.4 cSad }kjk ,dy m/kkjdrkZ lhek ¼,lch,y½] lewg m/kkj lhek ¼thch,y½ ds vfrØe.k ds fooj.k
`
` ` `
( )djksM+ esa`
31 ekpZ 2015 rd fd,x, izko/kku
31 ekpZ 2015 rd_.k ¼fuoy½
31 ekpZ 2016 rd fd,x, izko/kku
31 ekpZ 2016 rd_.k ¼fuoy½_.k tksf[ke **
------------------------ ----------------- -------------------- --------------------
m/kkjdrkZ dk uke vfrfjDr dqy mPpre vfrfjDr _.k dk dqy _.k dk
_.k _.k % %
'kwU;
7.5
8.
8.1
cstekurh vfxze
fofo/k
ys[kk lek/kku ,oa lek;kstu
8.1.1
8.1.2
8.1.3
8.1.4
dqy cstekurh vfxzeksa esa] ifj;kstukvksa ¼lajpukRed ifj;kstukvksa lfgr½ ds fy, laikf'oZd izfrHkwfr ds :i esa iznRr] vf/kdkj] ykblsal] izkf/kdkj] tSls
vewrZ izfrHkwfr ls jf{kr vfxze dh jkf'k 2598-88 djksM+ #i, gaSA izHkkj j[kus okys nsunkjksa ds fy, miyC/k] mi;qZDr vewrZ izfrHkwfr;ksa dk vuqekfur dqy ewY;
31-03-2016 dks 9128-07 djksM+ #i, gaSA
varj 'kk[kk ys[kksa dk ys[kk lek/kku 31-03-2016 rd iwjk fd;k tk pqdk gSA vkbZchth, esa cdk;k iqjkuh izfof"V;ksa ds fuiVku ds fy, fofHkUu dkjxj mik;ksa ds
}kjk cSad us mlesa i;kZIr deh yk;h gSA rRi'pkr~ 'ks"k cdk;k izfof"V;ksa ds lek;kstu dk dk;Z izxfr ij gSA izca/ku ds vuqlkj] 6-01 djksM+ #i, dqy ewY; dh
7386 vkbZchth, ØsfMV izfof"V;ka cdk;k gSaA
fnukad 31-03-2016 dks varj 'kk[kk [kkrk cdk;k esa 6 eghus ls vf/kd vof/k ds fy, ys[kk lek/kku ugha dh xbZ izfof"V;ksa ds laca/k esa dqy tek fLFkfr dks ns[krs
gq, fdlh izko/kku dh t:jr ugha gSA
ns; MªkQ~Vksa] lek'kks/ku lek;kstu] fofo/k izkIr jkf'k;ksa] fofo/k tek [kkrksa vkfn esa rFkk Hkkjrh; fjt+oZ cSad ,oa vU; cSadksa ls lacaf/kr cSad ys[kk lek/kkuksa esa iqjkuh
cdk;k izfof"V;ksa ds leqfpr lek;kstu ds fy, fu;fer leh{kk dh tk jgh gSA
dqy 'kk[kkvksa esa vuq"kaxh cfg;ksa@jftLVjksa dk rqyu vkSj lkekU; cfg;ksa ds lkFk ys[kk lek/kku dk dk;Z tkjh gSA izca/ku ds erkuqlkj] [kkrksa ij mi;qZDr fo"k;ksa
dk ifj.kkeh izHkko cgqr T;knk ugha gksxkA
**bZlhthlh ds fnukad 01-04-2016 ds ifji= la- bZlhthlh@lh;wMh@225@2016 vkSj fnukad 07-04-2016 dk iz-dk @ varjkZ"Vªh; izHkkx ds ifji= ,Q,Dl 03 dsvuqlkj v|ru ns'k&fo'ks"k ds tksf[ke oxhZdj.k ds vk/kkj ijA
184
7.3 Risk Category-wise Country Exposure(Amount in crore)`
Insignificant
Low
Moderate
High 0.00 0.00
Very High 0.00 0.00
Restricted 0.00 0.00
Off-credit 0.00 0.00
5080.89 2.05 5457.00 2.65
3821.08 4.22 4542.42 3.20
283.81 245.48
Total 9185.78 6.27 10244.90 5.85
COUNTRY RISK MANAGEMENT:
Tthe Bank has analysed its net funded exposure to various countries as on 31.03.2016 and such exposure to countries other
than Singapore and Sri Lanka are well within the stipulation of 1% of the total assets of the Bank. In respect of Singapore, which is
classified under “Insignificant” risk category by ECGC Ltd, a provision of 2.05 Cr (Previous year 2.65 Cr) is available and in respect
of Sri Lanka which is classified under”Low” risk category 4.22 crore (Previous year 3.20 Cr) is available
7.4 Details of Single Borrower Limit (SBL), Group Borrower Limit (GBL) if any, exceeded by the Bank
` `
` `
(Amount in crore)`
Provision heldas at 31.03.2015
Exposure (Net)as at 31.03.2015
Provision heldas at 31.03.2016
Exposure (Net)as at 31.03.2016
Risk category**
Borrower Name Additional Total Highest Percentage of Percentage of
Exposure Exposure additional exposure Total Exposure
------------------------ ----------------- NIL -------------------- --------------------
7.5 UnsecuredAdvances
8. MISCELLANEOUS
8.1 Reconciliation andAdjustments
Out of total unsecured advances, advances secured by intangible securities such as rights, licenses, authority, etc charged to
the bank as collateral in respect of projects (including infrastructure projects) is 2598.88 Crores. Estimated total value of
such intangible collaterals mentioned above as on 31.03.2016 is 9128.07 Crores.
8.1.1 Reconciliation of Inter BranchAccount is completed up to 31.03.2016. The Bank through various effective steps has achieved
reduction in the old outstanding entries in IBGA. Adjustment of the remaining outstanding entries is in progress. As per the
Management, 7386 IBGAcredit entries aggregating to .6.01 crores are outstanding.
8.1.2 In view of the net credit position in respect of unreconciled entries in the Inter Branch Account outstanding for more than 6
months as on 31.03.2016, no provision is required.
8.1.3 Old outstanding entries in drafts payable, clearing adjustment, sundries receivable, sundry deposit accounts, etc. and in bank
reconciliation relating to Reserve Bank of India and other banks are being regularly reviewed for appropriate adjustments.
8.1.4 Balancing of subsidiary / ledgers, registers and reconciliation with general ledgers are in branches. In the opinion of the
management, consequential financial impact of the above will not be significant
`
`
`
**As per the updated country risk classification by the ECGC, vide its circular ECGC/CUD/225/2016 dated 01.04.2016 & HO/IDCircular FX03 dated 07.04.2016
185
8.2
2015-16 2014-15
8.3
8.4
o"kZ ds nkSjku vk; dj ds fy, cuk, x, izko/kkuksa dh jkf'k %
Hkkjrh; fjt+oZ cSad }kjk yxk, x, n.Mksa dk izdVhdj.k %
vpy vkfLr;k¡
243.92 463.45
8.4.1
8.4.2 55.22
28.85
djk/kku dj dks 'kkfey djrs gq, vk; dj½
31-03-2016 dks fookfnr vk;dj ekax 2350-60 djksM+ ¼fiNys o"kZ 1445-83 ½ gS] vkdfLed ns;rk ds rgr Hkh 'kkfey fd;k x;k ftlesa ls 31-03-2016
rd fookfnr vk;dj dk Hkqxrku 2110-60 djksM+ ¼fiNys o"kZ 1441-98 djksM+½ gSA U;kf;d mn~?kks"k.kkvksa rFkk cSadksa ds Loh; oknksa esa vuqdwy fu.kZ;ksa ds dkj.k
dfFkr fookfnr ekaxksa ij dksbZ çko/kku djuk vko';d ugha le>k x;kA
o"kZ ds nkSjku HkkfjcSad us dfe;ksa] xans uksVksa ds çs"k.k esa tkylkth rFkk eqæk dks"k ifjpkyu }kjk vkbZlhlhvks,e,l esa foyafcr @ xyr fjiksfVaZx @
HkkfjcSad ds fn'kk&funsZ'kksa d vuqikyu ds fy, 18-77 yk[k ¼312 çfof"V;k¡½ ¼fiNys 2014&15 dks lekIr o"kZ ds fy, 18-35 yk[k & 175 çfof"V;k¡½
tqekZuk yxk;kA
o"kZ ds nkSjku cSad us vius ifjlj dk iquewZY;kadu 29 Qjojh 2016 dks vuqeksfnr cká ewY;kaddksa }kjk fu/kkZfjr mfpr cktkj ewY; ij fd;kA ifjlj ds
iquewZY;kadu dh jkf'k esa 614-49 djksM+ dh c<+ksÙkjh gqbZ gS] ftls iquewZY;u vkjf{kr fuf/k [kkrs esa tek fd;k x;k gS] iquewZY;u ij dqN ifjljksa dk cgh ewY; esa
deh ij 31-93 djksM+ dh dVkSrh vkSj ewY;ºzkl dh jkf'k ij 73-77 djksM+ dh deh dks iquewZY;kafdr jkf'k ij çHkkfjr fd;k x;k ftldk lek;kstu iquewZY;u
vkjf{kr fuf/k [kkrs ls fd;k tkrk gSA
ifjlj esa 3-59 djksM+ ¼foxr o"kZ 3-59 djksM+ ewY; dh 4 laifÙk;k¡½ ewY; dh 4 laifÙk;k¡ gSa ftudk cgh ewY;] fuoy ewY;ºzkl djksM+ ¼foxr o"kZ
djksM+½ gS ftlds fy, iathdj.k çfØ;k yafcr gSA
djksM+ vksa
s ` `
`
` `
` ` `
`
8.5 ykHk ,oa gkfu ys[ks esa O;; 'kh"kZ ds rgr~ fn[kk, x, **izko/kku vkSj vkdfLedrkvksa** dk czsdvi
ds fy, izko/kku ¼vkLFkfxr
` `
` `
I) 39.90 -58.38
ii)
iii) -134.90 139.06
iv) 243.92 463.45
v) -235.46 116.87
vi) 9.07 58.94
fuEu ds izfr fd, x, izko/kku
dqy
2015-16 2014-15
2320.71 2008.54
fuos'k ds ewY; esa ewY;gzkl ¼fuoy½
xSj&fu"iknd vfxze ¼fuoy½
fuos'k
ekud vfxze
vk;dj
iqu% lajfpr vfxze ¼,uihoh½
vU;
2392.22 1262.98
5.96 25.62
( )jkf'k djksM esa`
8.6 py izko/kku %( )djksM esa`
( ) 46.76 93.52
( ) 0.00 0.00
( ) 0.00 46.76
( ) 46.76 46.76
py izko/kku [kkrk 2015-16 2014-15
, vFk'ks"k 1 vizSy] 2015
ch o"kZ ds nkSjku tksM+
lh mi;qZDr o"kZ ds nkSjku deh
Mh vafre 'ks"k 31 ekpZ] 2016 dks
*
( )djksM+ esa`
8.7 vkjf{kfr;ksa ls deh%( )djksM esa`
1. 73.77
31.93
iquewZY;u fjtoZ ifjlj esa iquewZY;kafdr Hkkx ij ewY;ºzkl
vkxs iquewZY;u ij dqN ifjlj ds iquewZY;kafdr cgh ewY; esa deh
Øe la- vkjf{kfr;ka vkgfjr jkf'k mís';
186
8.2 Amount of Provision made for Income Tax during the year:
2015-16 2014-15
8.3 Disclosure of Penalties imposed by RBI
8.4 FixedAssets
Provision for Taxation (IncomeTax including Deferred Tax) 243.92 463.45
The disputed income tax demand as at 31.03.2016 is at 2350.60 Crores (previous year 1445.83 Crores), also included
under contingent liabilities , out of which 2110.60 Crores (previous year 1441.98 Crores) is the disputed income tax paid as
at 31.03.2016. No provision is considered necessary for the said disputed demands on account of judicial pronouncements
and favourable decisions in Banks' own case.
During the year RBI has imposed penalty of �18.77 lakhs (312 entries) (Previous Year ending 2014-15 � 18.35
lakhs -175 entries) for shortages, forgeries in soiled notes remittances and delayed / wrong reporting in ICCOMS / non
adherence to RBI guidelines by the currency Chest operations.
8.4.1 During the year the bank revalued its premises on 29 February 2016 at fair market value determined by external valuers.
There is an increase of 614.49 Crores in the amount of revaluation of premises which has been credited to “Revaluation
ReserveAccount”, deduction of 31.93 Crores on decrease in book value of certain premises on revaluation and a deduction
of 73.77 Crores on account of depreciation charged on revalued amount which is adjusted against the “Revaluation Reserve
Account”.
8.4.2 Premises include 4 properties costing 3.59 crores (Previous year – 4 properties costing 3.59 crores) having revalued book
value, net of depreciation at 55.22 Crore (Previous year – 28.85 crore) for which registration formalities are pending.
` `
` `
th
8.5 Break-up of 'Provisions & Contingencies' shown under the head Expenditure in Profit and LossAccount :
`
`
`
` `
` `
i) Depreciation in the value of Investments (net) 39.90 -58.38
ii) Non-PerformingAdvances (Net)
Investments
iii) StandardAdvances -134.90 139.06
iv) Income Tax 243.92 463.45
v) RestructuredAdvances (NPV) -235.46 116.87
vi) Others 9.07 58.94
Total
Provision made towards 2015-16 2014-15
2320.71 2008.54
2392.22 1262.98
5.96 25.62
(Amount in crore)`
8.6 Floating Provisions:(Amount in crore)`
(a) Opening Balance 1 April, 2015 46.76 93.52
(b) Additions during the year 0.00 0.00
(c) Draw down during the above year 0.00 46.76
(d) Closing Balance as at 31 March, 2016 46.76 46.76
Floating ProvisionsAccount 2015-16 2014-15st
st
(Amount in crore)`
8.7 Draw Down from Reserves:(Amount in crore)`
1. Revaluation Reserve 73.77 Depreciation on revalued portion on Premises
31.93 Decrease in revalued book value of certain premises on further revaluation
Sl. No. Reserves Amount Drawn Purpose
187
xzkgd f'kdk;rsa
( ) 56
( ) 10375
( ) 10363
( ) 68
, o"kZ dh 'kq#vkr esa yafcr f'kdk;rksa dh la-
ch o"kZ ds nkSjku izkIr f'kdk;rksa dh la-
lh o"kZ ds nkSjku fuiVkbZ xbZ f'kdk;rksa dh la-
Mh o"kZ ds var esa yafcr f'kdk;rksa dh la-
,- xzkgd f'kdk;r
( )
( )
( )
( )
,
ch
lh
Mh
60
1060
1116
4
o"kZ dh 'kq#vkr esa yafcr f'kdk;rksa dh la-
o"kZ ds nkSjku izkIr f'kdk;rksa dh la-
o"kZ dks nkSjku fuiVkbZ xbZ f'kdk;rksa dh la-
o"kZ ds var esa yafcr f'kdk;rksa dh la-
ch- ØsfMV dkMZ
8.8 cSafdax yksdiky }kjk ikfjr vkSj cSad ds }kjk dk;kZfUor fd, x, vf/kfu.kZ;
( )
( )
( )
( )
, 'kwU;
ch ; 'kwU;
lh 'kwU;
Mh ; 'kwU;
o"kZ dh 'kq#vkr esa vdk;kZfUor vf/kfu.kZ;
o"kZ ds nkSjku cSafdax yksdiky }kjk ikl fd, x, vf/kfu.kZ
o"kZ ds nkSjku dk;kZfUor fd, x, vf/kfu.kZ;
o"kZ ds var esa yafcr vdk;kZfUor vf/kfu.kZ
lh- ,Vh,e f'kdk;r
855 379
80546 13191
79844 12776
1557 794
dqy ftlesa dk;Z fd;k x;k
( )
( )
( )
( )
,
ch
lh
Mh
o"kZ dh 'kq#vkr esa yafcr f'kdk;rksa dh la-
o"kZ ds nkSjku izkIr f'kdk;rksa dh la-
o"kZ ds nkSjku fuiVkbZ xbZ f'kdk;rksa dh la-
o"kZ ds var esa yafcr f'kdk;rksa dh la-
8.9 iwoZ frekfg;ksa dh rqyuk esa] 31-03-2016 dks lekIr frekgh esa izkIr xzkgd f'kdk;rksa dk oxhZdj.k
1
2
3
4
5
6
7
8
9
10
11 77 3 81 4 150 5 150 5 222 8
12 416 19 367 20 657 24 732 25 641 22
2191 100 1852 100 2739 100 2881 100 2903 100
vfxze
,Vh,e
ØsfMV dkMZ
xzkgd lsok
MheSV
tek
lkekU; cSafdax
ljdkjh ;kstuk,a
fofo/k
,uvkjvkbZ lsok
izs"k.k
izkS|ksfxdh
166 8 107 6 104 4 123 4 134 5
175 8 127 7 187 7 206 7 227 8
70 3 47 3 51 2 60 2 36 1
328 15 353 19 471 17 447 16 459 16
1 0 3 0 2 0 1 0 2 0
126 6 151 8 174 6 155 5 135 5
399 18 290 16 433 16 450 16 499 17
85 4 42 2 71 3 70 2 105 4
260 12 215 12 364 13 383 13 342 12
88 4 69 4 75 3 104 4 101 3
dqy
dks lekIr frekgh esa izkIr f'kdk;rsaØ-la oxhZdj.k
31.03.2015 30.06.2015 30.09.2015 31.12.2015 31.03.2016
la % la % % % %la la la
188
8.7 Customer Complaints :
(a) No. of complaints pending at the beginning of the year 56
(b) No. of complaints received during the year 10375
(c) No. of complaints redressed during the year 10363
(d) No. of complaints pending at the end of the year 68
A. Customer Complaints
(a) No. of complaints pending at the beginning of the year 60
(b) No. of complaints received during the year 1060
(c) No. of complaints redressed during the year 1116
(d) No. of complaints pending at the end of the year 4
B. Credit Card
8.8 Number of awards passed by the Banking Ombudsman and implemented by the Bank is as follows:
(a) Unimplemented awards at the beginning of the year NIL
(b) Awards passed by Banking Ombudsman during the year NIL
(c) Awards implemented during the year NIL
(d) Unimplemented award at the end of the year NIL
C. ATM Complaints
(a) No. of complaints pending at the beginning of the year 855 379
(b) No. of complaints received during the year 80546 13191
(c) No. of complaints redressed during the year 79844 12776
(d) No. of complaints pending at the end of the year 1557 794
Total Of which acquirer
8.9 Classification of customer complaints received during the quarter ended 31.03.2016 compared to the previous
quarters:
1 Advances
2 ATM
3 Credit Card
4 Customer Services
5 Demat
6 Deposits
7 General Banking
8 Govt. Schemes
9 Miscellaneous
10 NRI Services
11 Remittances 77 3 81 4 150 5 150 5 222 8
12 Technology 416 19 367 20 657 24 732 25 641 22
TOTAL 2191 100 1852 100 2739 100 2881 100 2903 100
166 8 107 6 104 4 123 4 134 5
175 8 127 7 187 7 206 7 227 8
70 3 47 3 51 2 60 2 36 1
328 15 353 19 471 17 447 16 459 16
1 0 3 0 2 0 1 0 2 0
126 6 151 8 174 6 155 5 135 5
399 18 290 16 433 16 450 16 499 17
85 4 42 2 71 3 70 2 105 4
260 12 215 12 364 13 383 13 342 12
88 4 69 4 75 3 104 4 101 3
Complaints received during the quarter endedSl.No Classification
31.03.2015 30.06.2015 30.09.2015 31.12.2015 31.03.2016
No. % No. % No. % No. % No. %
189
8.10
8.11
8.12
cSad }kjk tkjh pqdkSrh vk'oklu i= %
xzkeh.k fodkl gsrq bafM;u cSad VªLV¼vkbZchVhvkjMh½
o"kZ 2015&16 ds fy, vkbZchVhvkjMh dk vuafre vk; o O;;
31-03-2016 dks lekIr o"kZ ds nkSjku cSad }kjk 2219-81 djksM+ #i, ¼xr o"kZ 1953-50 djksM+ #i,½ ewY; ds fy, 967 ¼xr o"kZ 842½ pqdkSrh vk'oklu
i= tkjh fd, x, gSaA 31-03-2016 dks 326 ¼xr o"kZ 437½ pqdkSrh vk'oklu i= cdk;k gS ftudh jkf'k 835-60 ¼xr o"kZ 1215-80 djksM+ #i,½
djksM+ #i, gSA
,yvkslh ,yvks;w 'ks"k ij vuqekfur foÙkh; vlj 4-05 djksM+ rd gksxkA 31-03-2016 dks lekIr o"kZ ds nkSjku] gekjh fons'kh 'kk[kkvksa }kjk tkjh pqdkSrh
vk'oklu i= 'kwU; gS rFkk fnukad 31-03-2016 dks 'ks"k 'kwU; gSA
cSad }kjk flaxkiqj ds ekSfnzd izkf/kdkfj;ksa dks tkjh mRrjnkf;Ro ds i= ds dkj.k cSad] flaxkiqj 'kk[kk ds lkFk dh U;wure fuoy lek;ksftr iw¡th fuf/k
vko';drkvksa dh iwfrZ djus ds fy, cSad ,Qlh,uvkj ¼ch½ lzksr ls ;w,lMh 43 ,evkbZvks ¼vkbZ,uvkj 268-75 djksM+ dh lerqY; jkf'k½ rd dh tek,¡ vuqjf{kr
djrk gSA
22-09-2008 dks cSad }kjk xzkeh.k fodkl gsrq bafM;u cSad VªLV LFkkfir fd;k x;k gS tks xzkeh.k fodkl ij vuU; :i ls dsfUnzr /;ku nsrs gq, xzkeh.k voljksa dks
idMus esa leqnk; dh lgk;rk djus esa yxh gqbZ vU; fofHkUu [email protected] ds lkFk csgrj xkspj ifj.kke izkIr djus gsrq leUo; LFkkfir djrs gq, vPNs
ifj.kke fn[kkus dk mn~ns'; j[krk gSA
xzkeh.k fodkl ea=ky; Hkkjr ljdkj ds fn'kkfunsZ'kksa ds vuqlkj] bl U;kl ds v/khu bafM;u cSad Lojkst+xkj izf'k{k.k laLFkku ¼baMlsVh½ dh LFkkiuk] ckjg dsUnzksa esa
dh x;h gS ¼vka/kizns'k esa½ fpRrwj] iqnqPpsjh {ks= ¼iqnqPpsjh la?k'kkflr {ks= esa½] dMywj] /keZiqjh] dkaphiqje] Ñ".kfxjh] ukeDdy] lsye] fr#o..kkeyS] fr#oYyqj]
osYywj vkSj foGqiqje ¼rfeyukMq esa½ tks xzkeh.k csjkstxkj ;qokvksa dks dkS'ky mUeq[k izf'k{k.k iznku djsxk ftlls os Lojkstxkj@jkstxkj ikus esa l{ke gksaxsA
VªLV ds rgr 19 LFkkuksa ;Fkk fpRrwj] epyhiVue ¼vka/kz Áns'k esa½] dksYye] pn;eaxye] ikjLlkyk ¼dsjy esa½] iqnqPpsjh ¼iqnqPpsjh la?k'kkflr {ks= esa½] dMywj]
/keZiqjh] dkaphiqje] Ñ".kfxfj] ukeDdy] lsye] fr#o..kkeyS] fr#oYywj] ¼rfeyukMq½ esa Hkh foRrh; lk{kjrk dsUnz ¼,Q,ylh½ LFkkfir fd, x, ,oa cSad dks
foRrh; lekos'ku ifj;kstuk esa vke turk dh lgk;rk ÁkIr djus ds mn~ns'; ls mUgsa foRrh; lk{kjrk o dkmaflfyax lsok,¡ Ánku djus gsrq psUuS] fnYyh vkSj
eqacbZ esa 'kgjh ,Q,ylh dh LFkkiuk dh xbZ gSaA
VªLV dh [kkrk cfg;ksa dh ys[kk ijh{kk VªLV }kjk Lora= :i ls fu;qDr lunh ys[kkdkj }kjk dh tkrh gSA
/ `
*
34449997.00
vk; ds fooj.k #i;s
dqy vk;
o"kZ 2015&16 ds nkSjku cSad }kjk fd, x, va'knku
Áf'k{k.k O;; gsrq Hkkjr ljdkj ls feyk vuqnku
vftZr cSad C;kt
ukckMZ ls ÁkIr Áf'k{k.k dher dh ÁfriwfrZ
fofo/k vk;
20000000.00
0.00
8732463.00
5717534.00
0.00
34449997.00
101033922.00
O;; ds fooj.k
iwathxr ys[kk
vk; o O;; [kkrs esa 'ks"k
31-03-2016 dks vafre 'ks"k
o"kZ ds nkSjku O;;
O;; ls vfrfjDr vk;
d‚iZl fuf/k
01-04-2015 dks vFk 'ks"k
O;; ls vfrfjDr vk;
dqy iwath [kkrk
27177055.00
7272942.00
85995000.00
85995000.00
7765980.00
7272942.00
15038922.00
vafre 'ks"k
dqy O;;
*vafre ys[kkijh{kk ds ckn vkadM+s cny ldrs gSa
( )djksM esa`
190
8.10 Letter of comfort issued by the Bank:
8.11
8.12 Indian Bank Trust for Rural Development
During the year ended 31.03.2016, 967 (Previous year-842) letters of comfort have been issued by the bank amounting to
2219.81 Crores (Previous Year: 1953.50 crores). The letters of comfort outstanding as on 31.03.2016 are 326
(Previous Year-437) amounting to 835.60 Crores (Previous Year : 1215.80 crores)
The estimated financial impact on the outstanding LOC/LOU would be to the tune of 4.05 crores.During the year ended
31.03.2016, Letter of Comfort issued by our foreign branches (Singapore and Colombo) is NIL and outstanding as on
31.03.2016 is NIL.
In view of the Letter of Responsibility given by the Bank to the MonetaryAuthority of Singapore, the Bank continues to maintain
deposits from FCNR (B) resources to the extent of USD 43 Mio (equivalent to INR 284.90 Crore) with Singapore Branch to
meet the minimum NetAdjusted Capital Funds requirement of the Branch.
Indian Bank Trust for Rural Development has been set up by the Bank on 22.09.2008 to exclusively focus on rural
development and accomplish better results by coordinating with various other players / agencies who are also engaged in the
development of rural areas.
Under the Trust, Indian Bank Self Employment Training Institutes (INDSETIs) have been established in 12 centers, viz.
Chittoor (in Andhra Pradesh), Puducherry (in UT of Puducherry), Cuddalore, Dharmapuri, Kancheepuram, Krishnagiri,
Namakkal, Salem, Thiruvannamalai, Tiruvallur, Vellore and Villupuram (in Tamil Nadu) to impart skill oriented training to rural
unemployed youth, to enable them to either self / wage employed. Financial Literacy Centres (FLCs) have also been
established under the Trust in 19 places viz. Chittoor, Machilipatnam (in Andhra Pradesh), Kollam, Chadayamangalam,
Parassala (in Kerala), Puducherry (in UT of Puducherry), Cuddalore, Dharmapuri, Kancheepuram, Krishnagiri, Namakkal,
Salem, Thiruvannamalai, Tiruvallur, Vellore, Villupuram (in Tamil Nadu) and Urban FLCs in Chennai, Delhi and Mumbai to
provide financial literacy and counseling services to the general public to assist the banks in financial inclusion project.
The books of account of the Trust are being subjected to audit, independently by the Chartered Accountants appointed
by the Trust.
PROVISIONAL RECEIPTSAND PAYMENTS OF IBTRD FOR THE YEAR 2015-16*
` `
` `
`
Details of Income
Total Income 34449997.00
Contributions made by the Bank during the year 2015-16 20000000.00
Grant received from Govt. of India for training expenses 0.00
Bank interest earned 8732463.00
Training cost reimbursement received 5717534.00
Miscellaneous income 0.00
Details of Expenditure
Closing balance
Total Expenditure 34449997.00
CapitalAccount
Balance in Income & Expenditure account
Total capital account 101033922.00
Expenditure incurred during the year 27177055.00
Excess of income over Expenditure 7272942.00
85995000.00
Corpus fund 85995000.00
Opening Balance as on 01.04.2015 7765980.00
Add Excess of income over Expenditure 7272942.00
Closing Balance as on 31.03.2016 15038922.00
* Figures are subject to change on final audit.
(Amount in )`
191
8.13
8.13.1
tek,¡ vfxze] _.k rFkk ,uih,vks dk ladsUnz.k ¼cSad }kjk ;Fkk lesfdr½
tekvksa dk ladsUnz.k( )jkf'k ` djksM esa
10536.60 12318.33
6.10% 7.61%
2015-16 2014-15
chl lcls cMs+ tekdrkZvksa dh dqy tek,¡ ¼flQZ ns'kh½
cSad dh dqy tekvksa ds lkFk chl lcls cM+s tekdrkZvksa dh tekvksa dk izfr'kr
8.13.2 vfxzeksa dk ladsUnz.k
20529.84 17045.61
15.48% 11.80%
2015-16 2014-15
chl lcls cM+s m/kkjdrkZvksa dh dqy vfxze
cSad dh dqy vfxzeksa ds lkFk chl lcls cMs+ m/kkjdrkZvksa dh vfxzeksa dk izfr'kr
8.13.3 ,DLikstjksa dk ladsUnz.k
25524.58 23480.28
2015-16 2014-15
chl lcls cMs m/kkjdrkZvksa@xzkgdksa dks dqy ,DLikstj
cSad ds m/kkjdrkZvksa@xzkgdksa dks dqy ,DLikstj ds lkFk chl lcls cMs m/kkjdrkZvksa@xzkgdksadks ,DLikstj dk izfr'kr
13.18% 12.82%
( )jkf'k djksM esa`
( )jkf'k djksM esa`
8.13.4 ,uih, dk ladsUnz.k
2174.99 1239.01
2015-16 2014-15
lcls cMs pkj ,uih, [kkrksa dks dqy ,DLikstj
( )jkf'k djksM esa`
8.14 lsDVj okj vfxze
Ø-
la[;klsDVj
xr o"kZ
dqy
cdk;k
vfxze
Lkdy
,uih,
, ÁkFkfed {ks=
ch xSj&ÁkFkfed {ks=
dqy ¼, ch½
50333.52 2151.24 4.27 47336.60 1549.85 3.27
82298.62 6675.80 8.11 81495.09 4120.55 5.06
132632.14 8827.04 6.66 128831.69 5670.44 4.40
1. 23017.56 618.20 2.68 23686.18 450.67 1.90
2. 5757.96 673.04 11.69 5119.36 342.77 6.69
3. 13828.61 545.86 3.95 10482.63 453.73 4.33
4. 7729.39 314.14 4.06 8048.43 302.68 3.76
1. - - - - - -
2. 42280.70 5500.20 13.01 32878.62 2423.26 7.37
3. 28522.36 1083.62 3.80 39435.72 1639.93 4.16
4. 11495.56 91.98 0.80 9180.75 57.36 0.62
Ñf"k o lgc) dk;Zdyki
m|ksx {ks= ds vfxze tksfdÁkFkfedrk {ks= ds _.k esa ;ksX; gSa
lsok,¡
oS;fDrd _.k
iw.kZ ;ksx ¼,½
Ñf"k o lgc) dk;Zdyki
m|ksx {ks=
lsok,¡
oS;fDrd _.k
iw.kZ ;ksx ¼ch½
+
dqycdk;kvfxze
Lkdy
,uih,
Pkkyw o"kZ
lsDVj esa dqy
vfxze ds ldy
,uih, dk Áfr'kr
lsDVj esa dqy
vfxze ds ldy
,uih, dk Áfr'kr
( )djksM+ esa`
192
8.13 Concentration of Deposits, Advances, Exposures and NPAs (As compiled by the Bank)
8.13.1 Concentration of Deposits(Amount in crore)`
Total Deposits of twenty largest depositors (domestic only) 10536.60 12318.33
Percentage of Deposits of twenty largest depositors to total Deposits of the Bank 6.10% 7.61%
2015-16 2014-15
8.13.2 Concentration of Advances
TotalAdvances to twenty largest borrowers 20529.84 17045.61
Percentage of Advances of twenty largest borrowers to total Advances of the Bank 15.48% 11.80%
2015-16 2014-15
8.13.3 Concentration of Exposures
Total Exposures to twenty largest borrowers/customers 25524.58 23480.28
Percentage of Exposures of twenty largest borrowers/ customers to Total Exposuresof the Bank on borrowers/ customers
2015-16 2014-15
13.18% 12.82%
(Amount in crore)`
(Amount in crore)`
8.13.4 Concentration of NPAs
Total Exposures to top four NPAaccounts 2174.99 1239.01
2015-16 2014-15
(Amount in crore)`
8.14 Sector-wise Advances
Sl.No.
Sector
Previous year
OutstandingTotal
Advances
GrossNPAs
Percentage ofGross NPAs toTotal Advancesin that sector
A Priority Sector
Sub-total (A)
B Non Priority Sector
Sub-total (B)
Total (A+B)
1. Agriculture and allied
2. Advances to industries sectoreligible as priority sector lending
3. Services
4. Personal loans
1. Agriculture and allied activities
2. Industry
3. Services
4. Personal loans
activities 23017.56 618.20 2.68 23686.18 450.67 1.90
5757.96 673.04 11.69 5119.36 342.77 6.69
13828.61 545.86 3.95 10482.63 453.73 4.33
7729.39 314.14 4.06 8048.43 302.68 3.76
- - - - - -
42280.70 5500.20 13.01 32878.62 2423.26 7.37
28522.36 1083.62 3.80 39435.72 1639.93 4.16
11495.56 91.98 0.80 9180.75 57.36 0.62
50333.52 2151.24 4.27 47336.60 1549.85 3.27
82298.62 6675.80 8.11 81495.09 4120.55 5.06
132632.14 8827.04 6.66 128831.69 5670.44 4.40
OutstandingTotal
Advances
GrossNPAs
Current year
Percentage ofGross NPAs toTotal Advancesin that sector
(Amount in crore)`
193
8.15
8.15.1
,uih, esa ifjorZu @ rduhdh :i lss cV~Vs [kkrs Mkyuk
,uih, esa ifjorZu
fooj.k 2015-16 2014-15
01 vizSy 2015 dks ldy ,uih, ¼ÁkjafHkd 'ks"k½
o"kZ ds nksjku tksM ¼u, ,uih,½
mi&dqy ¼,½
?kVk,¡ %
dksfV&mUu;u
,vkjlh dks vkacfVr jkf'k
olwfy;ka ¼dksfV mUu;u fd, x, [kkrksa ls olwyh x;h jkf'k;ksa dks NksM+dj
rduhdh @ foosdiw.kZ :i lss cV~Vs [kkrs Mkys x, [kkrs
mi;qZDr ¼ ½ ds varxZr ds vykok cV~Vk [kkrk esa Mkys x,
mi&dqy ¼ch½
31 ekpZ 2016 dks ldy ,uih, ¼var 'ks"k ,&ch½
5670.44 4562.20
5703.82 3338.87
11374.26 7901.70
(i) 91.05 100.74
(ii) 1004.24 1017.99
(iii) 525.51 562.20
(iv) 906.12 526.17
(v) 20.30 23.53
2547.22 2230.63
8827.04 5670.44
iii
( )djksM+ esa`
fooj.k 2015-16 2014-15
vizSy 01] 2015 ls rduhdh @ foosdiw.kZ cV~Vs [kkrs esa Mkys x;s [kkrksa dk izkjafHkd 'ks"k
tksMsa % o"kZ ds nkSjku rduhdh @ foosdiw.kZ :i ls cV~Vs [kkrs esa Mkys x;s [kkrs
mi&dqy ¼,½
?kVk,a % o"kZ ds nkSjku fiNys o"kksaZ esa rduhdh @ foosdiw.kZ :i ls cV~Vs [kkrs esa Mkys x;s [kkrksa lsdh xbZ olwyh ¼ch½
31 ekpZ] 2016 dks var 'ks"k ¼, ch½
2213.26 1982.40
906.12 526.17
3119.38 2508.57
323.98 295.31
2795.40 2213.26
8.15.2 rduhdh @ foosdiw.kZ :i lss cV~Vs [kkrs Mkyuk
8.15.3 HkkfjcSad }kjk çkjEHk fd, vuqlkj vkfLr xq.koÙkk dh leh{kk ¼,D;wvkj½ ds vuq:i] cSad us o"kZ ds nkSjku HkkfjcSad }kjk fd, x, iqujh{kk ds qN [kkrksaij vfrfjä çkoèkku miyCèk djk;k gSA
8.16 vksojlht+ vkfLr;ka] ,uih, vkSj jktLo
vuqlkj d
fooj.k 2015-16 2014-15
dqy vkfLr;ka
dqy ,uih,
ldy ,uih,
fuoy ,uih,
dqy jktLo
9071.71 8130.44
562.77 364.35
499.45 304.05
123.65 44.10
285.65 317.69
Ø-
la[;klsDVj
xr o"kZ
, ÁkFkfedrk {ks=
ch xSj ÁkFkfedrk {ks=
m|ksx {ks=
lok,¡
,uch,Qlh
- - - - - -
10509.45 638.51 6.08 12579.10 396.94 3.16
4842.21 2935.73 60.63 3967.97 484.87 12.22
13339.49 0.00 0.00 8561.92 0.00 0.00
ÅtkZ
/kkrq
s
dqycdk;kvfxze
Lkdy
,uih,
Pkkyw o"kZ
lsDVj esa dqy
vfxze ds ldy
,uih, dk Áfr'kr
lEcaf/kr {ks= ds 10 izfr'kr ls vf/kd ds vfxzeksa dk mi&{ks=d oxhZdj.k %
dqycdk;kvfxze
Lkdy
,uih,
lsDVj esa dqy
vfxze ds ldy
,uih, dk Áfr'kr
194
8.15 Movement of NPAs/Technical Write-off
8.15.1 Movement of NPAs
Particulars 2015-16 2014-15
Gross NPAs as on 1stApril of 2015 (Opening Balance) 5670.44 4562.20
Additions (Fresh NPAs) during the year 5703.82 3338.87
Sub-total (A) 11374.26 7901.70
Less :
(I) Upgradations 91.05 100.74
(ii)Amount assigned toARC 1004.24 1017.99
(iii) Recoveries (excluding recoveries made from upgraded accounts) 525.51 562.20
(iv) Technical/Prudential Write-offs 906.12 526.17
(v) Write-offs other than those under (iv) above 20.30 23.53
Sub-total (B) 2547.22 2230.63
Gross NPAs as on 31st March 2016 (closing balance (A-B) 8827.04 5670.44
(Amount in crore)`
Particulars 2015-16 2014-15
Opening bal of Technical / Prudential written-off accounts as at 01stApril, 2015 2213.26 1982.40
Add: Technical/ Prudential write-offs during the year 906.12 526.17
Sub-total (A) 3119.38 2508.57
Less: Recoveries made from previously technical/prudential written-offaccounts during the year (B) 323.98 295.31
Closing bal as at 31st March, 2016 (A-B) 2795.40 2213.26
8.15.2 Technical / Prudential Write-off
8.15.3 In accordance with Asset Quality Review (AQR) undertaken by RBI, the Bank has made additional provision on certainaccounts as advised by RBI during the year.
8.16 Overseas Assets, NPAs and Revenue
Particulars 2015-16 2014-15
TotalAssets 9071.71 8130.44
Total NPAs 562.77 364.35
Gross NPA 499.45 304.05
Net NPA 123.65 44.10
Total Revenue 285.65 317.69
Sl.No.
Sector
Previous year
OutstandingTotal
Advances
GrossNPAs
Percentage ofGross NPAs toTotal Advancesin that sector
A Priority Sector
B Non Priority Sector
Industry
Services
- - - - - -
Power
Metal
NBFC
10509.45 638.51 6.08 12579.10 396.94 3.16
4842.21 2935.73 60.63 3967.97 484.87 12.22
13339.49 0.00 0.00 8561.92 0.00 0.00
OutstandingTotal
Advances
GrossNPAs
Current year
Percentage ofGross NPAs toTotal Advancesin that sector
Sub Sector Classification of Advances which exceeds more than 10% of the respective Sector:
195
196
Ák;ksftr ,lihoh dk uke
ns'kh vksojlht+
'kwU; 'kwU;
8.17 ,- rqyui= ds ckgj & Ák;ksftr ,lihoh ¼ftUgsa ys[kkdj.k ekun.Mksa ds vuqlkj lesfdr djuk gS½
ch- izfrHkwfrdj.k ls lacaf/kr ÁdVhdj.k % 'kwU;
lh- _.k fMQ+kYV LoSi % 'kwU;
orZeku o"kZ ds nkSjku cSad us fofHkUu cSad ,';wjsUl mRiknksa dh fcØh @foi.ku ls #i, 9-15 djksM+ dk deh'ku vftZr fd;k gS ¼fiNys o"kZ #i, 6-16 djksM+½
8.18 cSad ,';wjsUl dkjksckj
A
2015-16 2014-15
9.15 6.16
Øe la- vk; dk Lo:i
dqy
1 5.18 2.52
2 3.62 3.17
3 0.35 0.47
thou chek ikfylh dh fcØh ds fy,
xSj thou chek ikfylh dh fcØh ds fy,
vU; & E;wpqvy QaM mRiknksa dh fcØh ds fy,
8.19
8.20.
i) vkdfLed ns;rkvksa esa ,d [kkrk & esllZ fuEcl dE;wfuds'kUl fy- 'kkfey gS] ftlesa lgHkkfxrk la?k ds cSadksa }kjk chlhlhvkbZ ds i{k esa xkjafV;k¡ tkjh dh xbZ FkhaA
chlhlhvkbZ us lgHkkfxrk la?k ds cSadksa ds fo#) xkjaVh ns;rk dk nkok djrs gq, okn nk;j fd;k rFkk okn esa 400 djksM+ #i, vnk djus ij izfrj{kk jus dh l'krZ vuqefr nh xbZ
Fkh rFkk blesa cSad dk fgLlk 100 djksM+ #i, gSaA gekjs cSad dk #i, 100 djksM+ dk fgLlk ÁksFkksuksVjh vkSj cacbZ ds ekuuh; mPp U;k;ky; ds lhfu;j ekLVj ds lkFk foizsf"kr
fd;k x;kA lEejh okn] cacbZ ds ekuuh; mPp U;k;ky; ds le{k U;k;fu.kZ;u ds fy, yafcr gSA
tekdrkZ f'k{k.k ,oa tkx:drk fuf/k ¼MhbZ,,Q½ dks varj.k %
fooj.k orZeku o"kZ foxr o"kZ
MhbZ,,Q dks varfjr jkf'k;ksa dk izkjafHkd 'ks"k
tksMsa % o"kZ ds nkSjku MhbZ,,Q dks varfjr jkf'k;k¡
ÄVk,a % MhbZ,,Q }kjk nkoksa ds fy, izfriwfjr jkf'k;k¡
MhbZ,,Q dks varfjr jkf'k;ksa dk var 'ks"k
72.97 -
34.73 72.97
-
107.70 72.97
8.21. rjyrk dojst vuqikr ¼,ylhvkj½ ij uksV %xq.kkRed
1.
20253.45 20426.75 21750.34 23585.59
2. 113608.75 10674.58 115444.59 10848.45 116375.39 10933.74 100603.38 9598.82
(i) 13725.84 686.29 13920.18 696.01 14075.99 703.80 9230.40 461.52
(ii) 99882.90 9988.29 101524.41 10152.44 102299.41 10229.94 91372.98 9137.30
3. 47798.92 22461.89 46411.69 19930.14 43071.07 18225.09 43110.29 18834.49
14.92 2.69 0.00 0.00 0.00 0.00 0.00 0.00
dqy mPp xq.koRrk
fuf/k dk cfgÁZokg
[kqnjk tek,a vkSjy?kq O;kikjxzkgdksa ls izkIr tek,a]
LFkk;h tek,a
de LFkk;h tek,a
vjf{kr Fkksd fu/kh;u
ifjpkyuxr tek,a¼lHkh dkmaVj ikVhZ½
okyh rjy vkfLr;k¡
ftlesa ls
(i)
¼ djksM+ esa½` twu frekgh&1
dqy Hkkj u
yxk;k x;k
ewY; ¼vkSlr½
dqy Hkkj
u yxk;k
x;k ewY;
¼vkSlr½
flracj frekgh&2 fnlacj frekgh&1 ekpZ frekgh&1
mPp xq.koRrk okyh
rjy vkfLr;k¡
( )djksM+ esa`
( )djksM+ esa`
dqy Hkkj u
yxk;k x;k
ewY; ¼vkSlr½
dqy Hkkj
u yxk;k
x;k ewY;
¼vkSlr½
dqy Hkkj u
yxk;k x;k
ewY; ¼vkSlr½
dqy Hkkj
u yxk;k
x;k ewY;
¼vkSlr½
dqy Hkkj u
yxk;k x;k
ewY; ¼vkSlr½
dqy Hkkj
u yxk;k
x;k ewY;
¼vkSlr½
197
Name of the SPV sponsored
Domestic Overseas
NIL NIL
8.17 a) Off-balance Sheet SPVs sponsored (which are required to be consolidated as per accounting norms)
b) Disclosures relating to Securitisation : NIL
c) Credit Default Swaps: NIL
During the current year, the Bank has earned commission, etc, to the extent of � 9.15 Crore on sale/marketing of various
Bancassurance products/Mutual Funds (previous year � 6.16 Crore).
8.18 BANCASSURANCE BUSINESS
Sl No. Nature of Income 2015-16 2014-15
Total 9.15 6.16
1 For Selling Life Insurance Policies 5.18 2.52
2 For selling Non-life insurance policies 3.62 3.17
3 Others – For selling Mutual Fund Products 0.35 0.47
8.19
8.20. Transfers to Depositor Education andAwareness Fund (DEAF)
i) Contingent liabilities include an A/c M/s Nimbus Communications Ltd., Guarantees were issued by Consortium Banks
favouring BCCI. BCCI filed suit against Consortium Banks claiming guarantee liability and in the suit, conditional leave to
defend was granted on making payment of � 400 crores, wherein our Bank share is � 100 crore. Remittance of our Bank's
share of �100 crore was made with the Prothonotary and Senior Master of the Hon'ble High Court of Bombay. The summary
suit is pending adjudication before Hon'ble High Court of Bombay.
Particulars Current year Previous year
Opening balance of amounts transferred to DEAF 72.97 -
Add :Amounts transferred to DEAF during the year 34.73 72.97
Less :Amounts reimbursed by DEAF towards claims -
Closing balance of amounts transferred to DEAF 107.70 72.97
8.21. Qualitative Note on Liquidity Coverage Ratio (LCR):
1. Total High Quality
Liquid Assets (HQLA) 20253.45 20426.75 21750.34 23585.59
Cash Outflows
2. Retail deposits and 113608.75 10674.58 115444.59 10848.45 116375.39 10933.74 100603.38 9598.82
deposits from Small
business customers,
of which:
(i) Stable Deposits 13725.84 686.29 13920.18 696.01 14075.99 703.80 9230.40 461.52
(ii) Less Stable deposits 99882.90 9988.29 101524.41 10152.44 102299.41 10229.94 91372.98 9137.30
3. Unsecured wholesale 47798.92 22461.89 46411.69 19930.14 43071.07 18225.09 43110.29 18834.49
funding
(I) Operational deposits 14.92 2.69 0.00 0.00 0.00 0.00 0.00 0.00
(all counterparties)
(Rs in Crore) Jun Q1
TotalUnWeighted
Value(Average)
TotalWeighted
Value(Average)
TotalUnWeighted
Value(Average)
TotalWeighted
Value(Average)
TotalUnWeighted
Value(Average)
TotalWeighted
Value(Average)
TotalUnWeighted
Value(Average)
TotalWeighted
Value(Average)
Sep Q2 Dec Q3 Mar Q4
HIGH QUALITYLIQUID ASSETS
(Amount in crore)`
(Amount in crore)`
198
¼ djksM+ esa½` twu frekgh&1
9 1283.33 0.00 1177.29 0.00 861.27 0.00 966.67 0.00
10 10255.89 5471.17 9858.48 5062.93 9736.95 4947.70 9672.11 4982.70
11 7389.41 6256.68 9610.05 8707.74 6359.48 6359.48 6356.99 6356.99
12 18928.64 11727.84 20645.82 13770.67 16957.69 11307.17 16995.77 11339.69
jf{kr _.kn¼mnk- fjolZ jsiks½
iw.kZr% fu"ikndls vkod udnh izokg
vU; vkod udnh izokg
dqy vkod udnh
_.kksa
izokg
(ii) 42207.98 16883.19 44135.91 17654.37 41409.96 16563.99 40459.67 16183.87
(iii) 5576.01 5576.01 2275.78 2275.78 1661.11 1661.11 2650.62 2650.62
4 0.00 0.00 0.00 0.00
5 20489.27 2787.13 20298.40 2953.65 20213.08 2993.86 18534.59 2236.89
(I) 235.24 235.24 549.17 549.17 531.33 531.33 262.09 262.09
(ii)
(iii) 20254.03 2551.89 19749.24 2404.48 19681.75 2462.53 18272.51 1974.81
6 2920.69 2920.69 5025.81 5025.81 3767.47 3767.47 1081.88 1081.88
7 16241.78 812.09 15235.30 761.77 15160.62 758.03 16029.55 581.33
8 39656.39 39519.82 36678.20 32333.42
xSj&ifjpkyuxr tek,a¼lHkh dkmaVj ikVhZ ½
vjf{kr _.k
jf{kr Fkksdfu/kh;u
vfrfjDr vko';drk,a]ftlesa ls
O;qRiUu _.k vkSjvU; laikf'oZdvis{kkvksa lslacaf/kr cfgizZokg
_.k mRiknksafu/kh;u esalacaf/kr cfgizZokg
_.k vkSj rjyrklqfo/kk,a
vU; lafonkxrfu/kh;u ck/;rk,a
vU; vkdfLedfu/kh;u ck/;rk,a
udnh vkod izokg
;k¡
ijgkfu;ksa ls
dqy udnhcfgizZokg
cSad dh tksf[ke çksQkby ds vYikofèk yphysiu esa o`f) djus ds fy, i;kZIr 30 fnuksa ds ,d Hkkjh ruko ifj–'; dks cuk, j[kus gsrq ;g lqfuf'pr fd;k fd blds ikl
mPp xq.koÙkk ds rjy lalkèku gSa] ,ylhvkj cuk;k x;k gSA Hkkjrh; fjtoZ cSad ds fn'kkfunZs'kksa ds vuqlkj 1 tuojh] 2016 dks ,ylhvkj dh U;wure vko';drk 70 Fkh
tksfd tuojh] 2019 rd pj.kc) rjhds ls c<+dj 100 gks tk,xhA ,ylhvkj ds vkdyu ds fy, çfØ;k Hkkjrh; fjtoZ cSad ds fn'kkfunZs'kkuqlkj gSA
%
%
dqy Hkkj u
yxk;k x;k
ewY; ¼vkSlr½
dqy Hkkj
u yxk;k
x;k ewY;
¼vkSlr½
flracj frekgh&2 fnlacj frekgh&3 ekpZ frekgh&4
mPp xq.koRrk okyh
rjy vkfLr;k¡
dqy Hkkj u
yxk;k x;k
ewY; ¼vkSlr½
dqy Hkkj
u yxk;k
x;k ewY;
¼vkSlr½
dqy Hkkj u
yxk;k x;k
ewY; ¼vkSlr½
dqy Hkkj
u yxk;k
x;k ewY;
¼vkSlr½
dqy Hkkj u
yxk;k x;k
ewY; ¼vkSlr½
dqy Hkkj
u yxk;k
x;k ewY;
¼vkSlr½
dqylek;ksftrewY; (3)
dqylek;ksftrewY; (3)
dqylek;ksftrewY; (3)
dqy ,pD;w,y,
dqy fuoy udnh
rjyrk dojst vuqikr
20253.45 20426.75 21750.34 23585.59
27928.54 25749.15 25371.02 20993.73
72.43% 79.62% 86.11% 112.61%
cfgizZokg
¼izfr'kr½
dqylek;ksftr
ewY;
dqylek;ksftr
ewY;
dqylek;ksftr
ewY;
dqylek;ksftr
ewY;
199
(Rs in Crore) Jun Q1
TotalUnWeighted
Value(Average)
TotalWeighted
Value(Average)
TotalUnWeighted
Value(Average)
TotalWeighted
Value(Average)
TotalUnWeighted
Value(Average)
TotalWeighted
Value(Average)
TotalUnWeighted
Value(Average)
TotalWeighted
Value(Average)
Sep Q2 Dec Q3 Mar Q4
HIGH QUALITYLIQUID ASSETS
9 Secured lending 1283.33 0.00 1177.29 0.00 861.27 0.00 966.67 0.00
(e.g. reverse repos)
10 Inflows from fully 10255.89 5471.17 9858.48 5062.93 9736.95 4947.70 9672.11 4982.70
performing exposures
11 Other cash inflows 7389.41 6256.68 9610.05 8707.74 6359.48 6359.48 6356.99 6356.99
12 TOTAL CASH 18928.64 11727.84 20645.82 13770.67 16957.69 11307.17 16995.77 11339.69
INFLOWS
TotalAdjustedValue (3)
TotalAdjustedValue (3)
TotalAdjustedValue (3)
(ii) Non operational deposits 42207.98 16883.19 44135.91 17654.37 41409.96 16563.99 40459.67 16183.87
(all counterparties)
(iii) Unsecured debt 5576.01 5576.01 2275.78 2275.78 1661.11 1661.11 2650.62 2650.62
4 Secured wholesale 0.00 0.00 0.00 0.00
funding
5 Additional requirements, 20489.27 2787.13 20298.40 2953.65 20213.08 2993.86 18534.59 2236.89
of which
(I) Outflows related to 235.24 235.24 549.17 549.17 531.33 531.33 262.09 262.09
derivative exposures
and other collateral
requirements
(ii) Outflows related to
loss of funding on
products
(iii) Credit and liquidity 20254.03 2551.89 19749.24 2404.48 19681.75 2462.53 18272.51 1974.81
facilities
6 Other contractual 2920.69 2920.69 5025.81 5025.81 3767.47 3767.47 1081.88 1081.88
funding obligations
7 Other contingent 16241.78 812.09 15235.30 761.77 15160.62 758.03 16029.55 581.33
funding obligations
8 TOTAL CASH 39656.39 39519.82 36678.20 32333.42
OUTFLOWS
Cash Inflows
debt
The LCR is designed to promote short-term resilience of a bank's liquidity risk profile by ensuring that it has sufficient high quality
liquid resources to survive an acute stress scenario lasting for 30 days.As per the RBI guidelines minimum requirement of LCR as on
January 1, 2016 is 70% which will increase to 100% on January 2019 in a phased manner. The methodology for estimating the LCR is
based on RBI guidelines.
TOTAL HQLA 20253.45 20426.75 21750.34 23585.59
TOTAL NET CASH 27928.54 25749.15 25371.02 20993.73
OUTFLOWS
LIQUIDITY COVERAGE 72.43% 79.62% 86.11% 112.61%
RATIO (%)
TotalAdjusted
Value
TotalAdjusted
Value
TotalAdjusted
Value
TotalAdjusted
Value
nckoxzLr 30 dsysUMj fnol vofèk ds vuqekfur fuoy cfgxZeu }kjk mPp xq.koÙkk rjy Hkkjeqä ifjlaifÙk;ksa dh jkf'k dks foHkkftr djrs gq, ,ylhvkj dh x.kuk dh
tkrh gSA ns;rkvksa dh fofHkUu Jsf.k;ksa ¼tek] vlqjf{kr vkSj lqjf{kr Fkksd mèkkj½ gsrq Hkkjrh; fjtoZ cSad }kjk fuèkkZfjr cfgxZeu dkjdksa dks ykxw djds rFkk iwjh ugha dh xbZ
çfrc)rkvksa vkSj MsfjosfVo ls lacafèkr ,Dlikstjksa] vkaf'kd :i ls 30 fnuksa ds Hkhrj ifjiDo gksus okyh laifÙk;ksa ds cfgxZeu }kjk fuoy udn cfgxZeu dh x.kuk dh
tkrh gSA
cSad us ekpZ 31] 2016 dks lekIr frekgh ds nkSjku lkafofèkd pyfufèk vuqikr dh U;wure 70 vko';drk ds fglkc ls 14695-61 djksM+ #i;s dh pyfufèk vko';drk
ds eqd+kcys 23585-59 djksM+ #i;s dh jkf'k ds vkSlr ,pD;w,y, ¼gs;jdV ds ckn½ dks cuk, j[kkA ,pD;w,y, esa eq[; :i ls U;wure lkafofèkd pyfufèk vuqikr dh
vfèkdrk esa ljdkjh çfrHkwfr;ka] lhekar LFkk;h lqfoèkk ¼,e,l,Q½ ds varxZr vuqer lhek rFkk ,ylhvkj ¼,Q,,y,ylhlhvkj½ ds fy, pyfufèk dk ykHk ysus dh lqfoèkk
'kkfey FkhA blds vfrfjä] ,pD;w,y, Lrj 1 ds fgLls ds :i esa Hkkjrh; fjtoZ cSad vkSj fons'kh dsaæh; cSadksa dh udn vkjf{kr vko';drk ls vfèkd udn 'ks"k jgkA
ekpZ 31] 2016 dks lekIr frekgh ds fy, bafM;u cSad dk vkSlr ekfld ,ylhvkj 112-61 jgkA
cSad ds ,ylhvkj ds eq[; dkjd blds i;kZIr mPp xq.koRRkk pyfuf/k ifjlaifRr;ka gSa] tks lnSo cSad dhs pyfuf/k dh t:jrksa dks iwjk djrh gSA Hkkfjr uxn cfgxZeu
eq[;r% vlqjf{kr Fkksd fuèkh;u }kjk lapkfyr gksrh gS] tksfd dqy Hkkfjr uxn cfgxZeu dk 57-63 çfr'kr gSA dqy Hkkfjr uxnh cfgxZeu esa NksVs O;kolk; djusokys
xzkgdksa dh tekvksa dks lfEefyr dj 29-68 çfr'kr dk va'knku [kqnjk tekvksa ls lacfUèkr gSA vU; vkdfLed fuf/k;u ds nkf;Ro esa eq[;r% cSad ds xzkgdksa dh vksj ls
tkjh cSad xkjaVh ¼chthsa½ ,oa lk[ki= ¼,ylhsa½ gSA
fiNys frekgh dh rqyuk esa ekpZ 2016 esa ,ylhvkj ds vkSlr esa mrkj p<ko ds eq[; dkj.k fuEukuqlkj gSA
31-03-2016 dks lekIr frekgh esa ,pD;w,y, esa o`fn~/k Qjojh 2016 ls HkkfjcSad }kjk ,pD;w,y, ds varxZr Lohd`r pyfuf/k dojst vuqikr ¼,Q,,y,ylhvkj½ ds
3 izfr'kr ds ,uMhVh,y dh lqfo/kk dk ykHk mBkus ls gqvkA
lkFk gh] fnukad 23 ekpZ 2016 dks HkkfjcSad }kjk tkjh ifji= ds vuqlkj pyfuf/k dojst vuqikrksa ds fy, fd, x, fuos'k esa va'knku dh x.kuk Hkh ifjofrZr gqbZ gSA
vuqlaxh fuèkh;u ns;rkvksa tSls izfrHkwfr;ka] lk[ki= ,oa O;kikj foRr ds fy, cfgxZeu dkjdksa dks la'kksf/kr djds 5 izfr'kr ls 3 izfr'kr dj fn;k x;k ,oa bls u;s
fljs ls ifjHkkf"kr djrs gq, [kqnjk tek ,ylhvkj esa lfEefyr dj fy;k x;k gSA
fnukad 31-03-2016 rd tekvksa esa cSad ds nks egRoiw.kZ izfri{k gSA bu nks egRoiw.kZ izfri{kksa us dqy ns;rk esa 2-26 izfr'kr dk va'knku fn;k gS ftlesa c`gr tekdrkZ us dqy
tekvksa dk 1-17 izfr'kr dk va'knku fn;k gSA fnukad 31-03-2016 dks 20 c`gr tekdrkZvksa dk va'knku dqy ns;rk dk 5-89 izfr'kr gSA cSad ds vius dqy ns;rk esa
mlds egRoiw.kZ mRikn@fy[kr& cpr [kkrk] pkyq [kkrk] fe;knh tek ,oa fe;knh jsiks _.k dks lfEefyr djrh gS tks Øe'k% 4-55 izfr'kr] 22-82 izfr'kr] 60-15
izfr'kr ,oa 1-82 izfr'kr gS rFkk ;s fuèkh;u tks O;kid :i ls QSys gq, gS os cSad ds fy, ldsUnz.k tksf[ke mRiUu ugha dj ldrs gSaA
cSad dh ns;rk dk izca/ku vkfLr ns;rk izca/ku lfefr ¼vkydks½ }kjk fd;k tkrk gS ,oa vkdfLed fuf/k;u ;kstuk dks frekgh ruko ijh{k.k ds vk/kkj ij ykxw
fd;k tkrk gSA
fnukad 31-03-2016 dks lekIr frekgh ds fy, ,ylhvkj dh x.kuk HkkfjcSad fn'kkfunsZ'kksa ds vuqlkj lesfdr vk/kkj ij fd;k tkrk gSA
ekpZ 31] 2016 ¼,,l 3½ dks lekIr o"kZ ds fy, udnh izokg fooj.k
%
%
�
�
uksV
9.
9.1
ys[kk ekudksa ¼,,l½ ds vuqlkj ÁdVhdj.k %
7113834 10051743
25520696 24521231
31.03.2016 31.03.2015
( 000 ) ( 000 )
dks lekIr o"kZ
ykHk o gkfu [kkrs ds vuqlkj fuoy ykHk
lek;kstu
dk;Z'khy iw¡th ifjorZuksa dss iwoZ ifjpkyuxr ykHk
ifjpkyuxr vkfLr;ksa esa o`f) @ deh
dks lekIr o"kZe esa
gssrq
23207090
sa
deh@¼ ½
20085416
1505791 1381183
18981 15831
(6325000) -7012942
(73609921) 10118076
(31855305) -36545600
(8674256) -2393394
izko/kku o vkdfLedrk,a
ewY;gªkl
vkfLr;ksa dh fcØh ij gkfu@¼ykHk½
Hkqxrku fd, x, vk; dj
fuos'kksa esa o`f)
vfxzeksa esa o`f)
vU; vkfLr;ksa esa o`f)
(i)
` `
200
The LCR is calculated by dividing the amount of high quality liquid unencumbered assets (HQLA) by the estimated net outflows over
a stressed 30 calendar day period. The net cash outflows are calculated by applying RBI prescribed outflow factors to the various
categories of liabilities (deposits, unsecured and secured wholesale borrowings), as well as to undrawn commitments and
derivatives-related exposures, partially offset by inflows from assets maturing within 30 days.
The bank during the quarter ended March 31, 2016 had maintained average HQLA (after haircut) of Rs. 23585.59 Crores as against
the average liquidity requirement of Rs. 14695.61 Crores at a minimum LCR requirement of 70%. HQLA primarily included
government securities in excess of minimum Statutory Liquidity Ratio (SLR), the extent allowed under the Marginal Standing Facility
(MSF) and the Facility to Avail Liquidity for LCR (FALLCR). Additionally cash, balances in excess of cash reserve requirement with
RBI and the overseas central banks form part of level 1 HQLA. The monthly average LCR of the Indian bank for the quarter ended
March 31, 2016 was 112.61%.
The main drivers of LCR of the bank are sufficient high quality liquid assets (HQLAs) to meet liquidity needs of the bank at all times.
The weighted cash outflows are primarily driven by unsecured wholesale funding which contributed 57.63% of the total weighted
cash outflows. Retail deposits including deposits from small business customers contributed 29.68% of the total weighted cash
outflows. The other contingent funding obligations primarily include bank guarantees (BGs) and letters of credit (LCs) issued on
behalf of the Bank's clients.
Major reason for the movement of average LCR in March 2016 as compared to the previous quarters are as follows:
HQLAfor the quarter ended March 31, 2016 increased as additional facility to avail liquidity for liquidity coverage ratio (FALLCR)
of 3% of NDTL is permitted by RBI to be considered as HQLAfrom February 2016.
Also, contribution of inputs to LCR's calculation has changed as per the RBI circular issued on March 23, 2016. Outflow factor
for contingent funding liabilities like Guarantees, Letters of credit and Trade finance has been amended from 5% to 3% and
Retail deposits to be included in LCR calculation were redefined.
Bank has two significant counterparties in the deposits as on 31.03.2016. The two significant counterparties contributed 2.26% of the
total liabilities wherein largest depositor contributed 1.17% of total deposits. The total contribution of the top 20 largest depositors as
on 31.03.2016 is 5.89% of the total liabilities. The significant product / instrument includes Saving deposit, Current deposit, Term
deposit and Term repo borrowing which are 4.55%, 22.82%, 60.15%, and 1.82% of bank's total liability respectively, the funding from
which are widely spread and cannot create concentration risk for the bank.
Bank's Liquidity is managed by the Asset Liability Management Committee (ALCO) and contingency funding plan is in place based
on the quarterly stress testing results.
LCR for the quarter ended March 31, 2016 is computed on a consolidated basis as required by RBI guidelines.
�
�
Note:
9.
9.1 CASH FLOW STATEMENT FOR THE YEAR ENDED MARCH 31, 2016 (AS 3)
DISCLOSURES IN TERMS OFACCOUNTING STANDARDS (AS):
Year ended Year ended31.03.2016 31.03.2015
Net Profit as per Profit and LossAccount 7113834 10051743
Operating Profit before working Capital Changes (I) 25520696 24521231
Increase/Decrease in Operating Assets
( in 000) ( in 000)
Adjustments for :
Provisions and Contingencies 20085416
Depreciation 1505791 1381183
Loss/(profit) on sale of assets 18981 15831
Income Tax Paid (6325000) -7012942
Decrease/(Increase) in Investments (73609921) 10118076
Increase in advances (31855305) -36545600
Increase in other assets (8674256) -2393394
23207090
` `
201
(9305842) 51385553
(7715066) -2361891
6202080 -23117324
(10818828) 25906338
31.03.2016 31.03.2015
(000 ) (000 )
dks lekIr o"kZ dks lekIr o"kZesa esa
(ii) (114139482) -28820918
90605709 69504524
(11292765) -13819284
(iii) 79312944 55685240
(7827587) -2429797
112521 67906
(2017225) -( 2341586)
(2800000)
(412926) -(397952)
8632231 -23177786
ifjpkyuxr ns;rkvksa esa o`f) @ deh
,- ifjpkyuxr xfrfof/k;ksa ls l`ftr fuoy udnh
ch- fuos'k xfrfof/k;ksa ls udnh izokg
fuoss'k xfrfof/k;ksa ls l`ftr fuoy udnh
lh- foRriks"k.k xfrfof/k;ksa ls dqy udnh izokg
foRriks"k.k xfrfof/k;ksa ls l`ftr fuoy udnh
udnh vkSj udnh ledj.kksa esa fuoy o`f)@¼deh½ ¼,½ $ ¼ch½ $ ¼lh½
tekvksa esa o`f)vU; nss;rkvksa esa o`f)
vpy vkfLr;ksa dh [kjhnvpy vkfLr;ksa dh fcØh
Hkkjr ljdkj ls izkIr iwath va'knku
iznRr ykHkka'k forj.k djm/kkj esa o`f) @ ¼deh½
(i)+ (ii)+ (iii)
ykHkka'k dk Hkqxrku
130811735 104905397
31.03.2016 31.03.2015
(000 ) (000 )
dks lekIr o"kZ dks lekIr o"kZe esa
4010209
5371302 4010209
86373211 79000490
sa
¼,½ pkyw [kkrksa esa
¼ch½ vU; tek [kkrksa esa
udnh vkSj Hkkjrh; fjt+oZ cSad ds lkFk 'ks"k
gkFk esa udnh ¼fons'kh eqnzk uksVksa lfgr½
Hkkjrh; fjt+oZ cSad ds lkFk pkyw [kkrs esa 'ks"k
cSadksa esa 'ks"k
o"kZ ds izkjaHk esa udnh o udnh rqY;
cSadksa esa 'ks"k
cSadksa esa ekax ,oa vYi lwpuk ij jkf'k;ka
o"kZ ds var esa udnh o udnh rqY;
2601706
79000490 74975096
203854 139118
2757749 2759884
17630330 24344761
27085937 81161
123166 3671
udnh vkSj Hkkjrh; fjt+oZ cSad ds lkFk 'ks"k
gkFk esa udnh ¼fons'kh eqnzk uksVksa lfgr½
Hkkjrh; fjt+oZ cSad ds lkFk pkyw [kkrs esa 'ks"k
¼,½ pkyw [kkrksa esa
¼ch½ vU; tek [kkrksa esa
Hkkjr ds ckgj cSadksa esa 'ks"k
ekax ,oa vYi lwpuk ij jkf'k;ka
202
Year ended Year ended31.03.2016 31.03.2015
Increase/Decrease in Operating Liabilities
A. Net cash generated from operations (i)+(ii)+(iii) (9305842) 51385553
B. Cash flow from investing activities
Net cash generated from InvestingActivities (7715066) -2361891
C. Cash flow from Financing activities
Net cash generated from financing activities 6202080 -23117324
Net increase/(Decrease) in cash & cash equivalents (A)+(B)+(C) (10818828) 25906338
( in 000) ( in 000)
(ii) (114139482) -28820918
Increase in Deposits 90605709 69504524
Decrease in other liabilities (11292765) -13819284
(iii) 79312944 55685240
Purchase of fixed assets (7827587) -2429797
Sale of fixed assets 112521 67906
Payment of dividend (2017225) -( 2341586)
Capital Contribution from Government of India (2800000)
Dividend distribution tax paid (412926) -(397952)
(Decrease)/Increase in borrowings 8632231 -23177786
` `
Year ended Year ended31.03.2016 31.03.2015
CASH & CASH EQUIVALENTSAT THE BEGINNING OF THE YEAR
130811735 104905397
CASH & CASH EQUIVALENTS AT THE END OF THE YEAR
( in 000) ( in 000)
Cash & Balance with RBI
cash in hand (including foreign currency notes)] 2601706
Balances with Reserve Bank of India - in current Account 79000490 74975096
Balances with Banks
(a) in current Accounts 203854 139118
(b) in other deposit accounts 2757749 2759884
Money at Call and short notice with Banks
Balances with Banks outside India
(a) in current Accounts 17630330 24344761
(b) in other deposit accounts 27085937 81161
Money at call and short notice 123166 3671
4010209
Cash & Balance with RBI
cash in hand (including foreign currency notes)] 5371302 4010209
Balances with Reserve Bank of India - in current Account 86373211 79000490
Balances with Banks
` `
203
119992907 130811735
31.03.2016 31.03.2015
(000 ) (000 )
dks lekIr o"kZ dks lekIr o"kZesa esa
¼,½ pkyw [kkrksa esa
¼ch½ vU; tek [kkrksa esa
cSadksa esa ekax ,oa vYi lwpuk ij jkf'k;ka
Hkkjr ds ckgj cSadksa esa 'ks"kpkyw [kkrksa esa
ekax ,oa vYi lwpuk ij jkf'k;ka
103102 203854
2759337 2757749
2582641 17630330
22740372 27085937
62942 123166
¼,½
¼ch½ vU; tek [kkrksa esa
9.2
9.3
9.3.1
9.3.2
bl vof/k ds fy, fuoy ykHk ;k gkfu] iwoZorhZ vof/k dh ensa vkSj ys[kkadu vof/k esa ifjorZu ¼,,l5½
vkSj
LVkQ dks ykHk ¼,,l 15½
ifjHkkf"kr va'knku ;kstuk,¡
ifjHkkf"kr ykHk ;kstuk,a
cSad ds orZeku o"kZ ds ykHk esa iwoZorhZ dh vof/k dh vk; djksM iwoZorhZ dh vof/k dh O;; djksM 'kkfey gSA
Hkfo"; fuf/k ,d oS/kkfud nkf;Ro gS vkSj va'knk;h Hkfo"; fuf/k dk fodYi pquusokyksa ds ekeys esa cSad iwoZfu/kkZfjr njksa ij fuf'pr va'knku vnk djrk gSA ,sls
fuf'pr va'knku dh jkf'k rd gh cSad dk nkf;Ro lhfer gSA bu va'knkuksa dks ykHk ,oa gkfu ys[kk esa çHkkfjr fd;k tkrk gSA fuf/k dk çca/k bafM;u cSad LVkQ
Hkfo"; fuf/k U;kl }kjk fd;k tkrk gSA foÙkh; o"kZ 2015&16 ds nkSjku] cSad us 2-11 djksM+ ¼fiNys o"kZ 0-69 djksM+½ dk va'knku fn;k gSA
ubZ isa'ku ;kstuk mu deZpkfj;ksa ij ykxw gksrh gS] ftudh cSad esa HkrhZ 01-04-2010 ds ckn gqbZ gS vkSj ;g ,d ifjHkkf"kr va'knku ;kstuk gSA ,uih,l ds varxZr
cSad iwoZ fu/kkZfjr nj ij ,d fuf'pr va'knku vnk djrk gS vkSj cSad dk nkf;Ro ,sls fuf'pr va'knku rd lhfer gSA bl va'knku dks ykHk ,oa gkfu ys[kk esa
çHkkfjr fd;k tkrk gSA foÙkh; o"kZ 2015&16 ds nkSjku] cSad us 26-47 djksM+ ¼fiNys o"kZ 19-36 djksM+½ dk va'knku fn;k gSA
ys[kk ekud&15 ¼la'kksf/kr½ ds vuqlj.k esa visf{kr ykHk ,oa gkfu ys[kk vkSj rqyu i= esa ekU;rk fn, x, fu;kstuksRrj ykHk vkSj nh?kZdkyhu deZpkjh ykHkksa dh
la{ksi esa fLFkfr fuEukuqlkj gS %&
0.74 0.87
:
`
`
`
`
:
` `
I.
31/03/2016 31/03/2015
ewy chekadu vuqeku
9.00% 9.00%
¼Hkkfjr vkSlrksa ds :i esa O;Dr½
cV~Vs dh nj isa'ku ds fy, 8-04 izfr'kr& 15 o"kZ isa'ku ds fy, 7-99 izfr'kr& 15 o"kZth&lsd isij minku ds fy, th&lsd isij minku ds fy,
7-56 izfr'kr &10 o"kZ th&lsd isij 7-95 izfr'kr & 10 o"kZ th&lsd isij
osru c<ksRrjh dh nj 6-00 izfr'kr ¼osru la'kks/ku 6-00 izfr'kr ¼osru la'kks/kugsrq 0-50 izfr'kr lfgr½ gsrq 0-50 izfr'kr lfgr½
inR;kx dh nj isU'ku ds fy, 1-00 izfr'kr vkSj lsokjr isU'ku ds fy, 1-00 izfr'kr vkSj lsokjrdeZpkfj;ksa ds fy, 2-00 izfr'kr deZpkfj;ksa ds fy, 2-00 izfr'kr
;kstuk vkfLr;ksa ij visf{kr izfrQy dh nj
iz;qDr rjhdk ifj;kstuk bdkbZ tek ¼ih;wlh½ chekafdd rjhdk
*
* ;kstuk vkfLr;ksa ij visf{kr izfrQy dh nj] NqV~Vh HkqukbZ ij ykxw ugha gksxhA
Hkfo"; esa gksusokyh osru c<ksRrjh dk vkdyu] eqnzkLQhfr] ofj"Brk] inksUufr vkSj fu;kstu ckt+kj esa vkiwfrZ vkSj ekax tSls laxr rRoksa dks fglkc esa ysrs gq, vkSj vkbZch,
}kjk lalwfpr vf/kof"kZrk ;kstukvksa ds fu/kh;u ds fn'kkfunsZ'k ds vuq:Ik fd;k tkrk gSA
Nqêh HkqukbZ dh ns;rk,¡ xSj&fuf/kd gksrs gSaA
204
Year ended Year ended31.03.2016 31.03.2015
119992907 130811735
( in 000) ( in 000)
(a) in currentAccounts 103102 203854
(b) in other deposit accounts 2759337 2757749
Money at Call and short notice with Banks
Balances with Banks outside India
(a) in current Accounts 2582641 17630330
(b) in other deposit accounts 22740372 27085937
Money at call and short notice 62942 123166
` `
9.2 Net Profit or Loss for the period, prior period items and changes inAccounting Policies (AS 5)
9.3 EMPLOYEE BENEFITS (AS 15)
9.3.1 Defined Contribution Plans:
9.3.2 Defined Benefit Plans:
Current year profit of the Bank includes prior period income of 0.74 crores and prior period expenditure of 0.87 crores
Provident fund is a statutory obligation and in the case of Contributory Provident Fund Optees, the Bank pays fixed
contribution at pre-determined rates. The obligation of the Bank is limited to such fixed contribution. The contributions are
charged to Profit and Loss Account. The fund is managed by Indian Bank Staff Provident Fund Trust. During the financial
year 2015-16, the Bank has contributed Rs.2.11 crores (previous year Rs.0.69 crore).
New Pension Scheme (NPS) is applicable to employees who joined bank on or after 01.04.2010 and it is a defined
contribution scheme. Under NPS the Bank pays fixed contribution at pre determined rate and the obligation of the Bank is
limited to such fixed contribution. The contribution is charged to Profit and Loss Account. During the financial year 2015-16,
the Bank has contributed Rs.26.47 crores (previous year Rs.19.36 crores).
The summarized position of Post-employment benefits and long term employee benefits recognised in the Profit & Loss
Account and Balance Sheet as required in accordance withAccounting Standard – 15 (Revised) are as under:
` `
I.PRINCIPAL ACTUARIAL ASSUMPTIONS
31/03/2016 31/03/2015[Expressed as weighted averages]
Discount Rate 8.04% for Pension-15 year
G-sec paper and
for Gratuity-10 year G-sec paper
Salary escalation rate 6.00%(includes 0.50% for
wage revision)
Attrition rate 1.00% for Pension and 1.00% for Pension and
2.00% for Serving Employees
Expected rate of return on PlanAssets * 9.00% 9.00%
Method used Projected Unit Credit (PUC) actuarial Method
7.99% for Pension-15 year
G-sec paper and
7.56% 7.95% for Gratuity-10 year G-sec paper
6.00%(includes 0.50% for
wage revision)
2.00% for Serving Employees
* Expected Rate of return on PlanAssets not applicable for Leave encashment.
The estimates of future salary increases are considered taking into account inflation, seniority, promotion and other relevant factors,
such as supply and demand in the employment market and in tandem with Funding Guidelines for Superannuation Schemes
communicated by IBA.
The liabilities of leave encashment are unfunded.
205
II. ck/;rk ds orZeku ewY; ¼ihohvks½ esa ifjorZu & isa'ku minku NqV~VhizkjafHkd 'ks"k ,oa var'ks"k dk ys[kk lek/kku fuf/k fuf/k HkqukbZ
o"kZ ds vkjaHk esa ihohvks
o"kZ dh lekfIr ij ihohvks
5306.22 844.78 154.58
5608.14 831.94 161.63
C;kt ykxr
orZeku lsok ykxr
foxr lsok ykxr & igpkuh xbZ @ fufgr ykHk
foxr lsok ykxr & u igpkuh xbZ @vfufgr ykHk
iznRr ykHk
ck/;rk ij chekafdd gkfu @ ¼ykHk½¼larqyu vkadMk½
0.00 0.00 0.00
0.00 0.00 0.00
404.03 58.63 7.24
75.54 42.82 17.14
(562.05) (138.49) (117.70)
384.40 24.20 100.37
pkyw o"kZ 2015&16
fiNys o"kZ 2014&15
II. ck/;rk ds orZeku ewY; ¼ihohvks½ esa ifjorZu &
o"kZ dh lekfIr ij ihohvks
4930.31 897.83 200.69
5306.22 844.78 154.58
isa'ku minku NqV~VhizkjafHkd 'ks"k ,oa var'ks"k dk ys[kk lek/kku fuf/k fuf/k HkqukbZ
o"kZ ds vkjaHk esa ihohvks
0.00 0.00 0.00
0.00 0.00 0.00
C;kt ykxr
orZeku lsok ykxr
foxr lsok ykxr & igpkuh xbZ @ fufgr ykHk
foxr lsok ykxr & u igpkuh xbZ @vfufgr ykHk
iznRr ykHk
ck/;rk ij chekafdd gkfu @ ¼ykHk½¼larqyu vkadMk½
370.96 65.98 12.71
72.25 37.94 14.66
(373.23) (135.88) (81.63)
305.93 (21.09) 8.15
III. ;kstuk vkfLr;ksa ds mfpr ewY; esa ifjorZu & isa'ku minku NqV~Vh
ÁkjafHkd 'ks"k ,oa var'ks"k dk ys[kk lek/kku fuf/k fuf/k HkqukbZ
o"kZ ds vkjaHk esa ;kstuk vkfLr;ksa dk mfpr ewY; 5215.05 835.47 0.00
5508.95 829.38 0.00
401.96 63.08 117.70
;kstuk vkfLr;ksa ij visf{kr ÁfrQy
va'knku
iznRr ykHk
;kstuk vkfLr;ksa ij chekadd ykHk @ ¼gkfu½¼larqyu vkadMk½
o"kZ dh lekfIr ij ;kstuk vkfLr;ksa dk mfpr ewY;
461.60 70.98 0.00
(562.05) (138.49) (117.70)
(7.61) (1.66) 0.00
pkyw o"kZ 2015&16
( )djksM+ esa`
( )djksM+ esa`
( )djksM+ esa`
206
II. CHANGES IN THE PRESENT VALUE OF THE OBLIGATION (PVO) - Pension Gratuity Leave
RECONCILIATION OF OPENING AND CLOSING BALANCES: Fund Fund Encashment
PVO as at the beginning of the year
PVO as at the end of the year
5306.22 844.78 154.58
5608.14 831.94 161.63
Interest Cost
Current service cost
Past service cost – recognized / vested benefits 0.00 0.00 0.00
Past service cost – unrecognized / non-vested benefits 0.00 0.00 0.00
Benefits paid
Actuarial (gain) on obligation (balancing figure)
404.03 58.63 7.24
75.54 42.82 17.14
(562.05) (138.49) (117.70)
loss/ 384.40 24.20 100.37
Current Year 2015-16
Previous year 2014-15
II. CHANGES IN THE PRESENT VALUE OF THE OBLIGATION (PVO) - Pension Gratuity Leave
RECONCILIATION OF OPENING AND CLOSING BALANCES: Fund Fund Encashment
PVO as at the beginning of the year
PVO as at the end of the year
Interest Cost
Current service cost
Past service cost – recognized / vested benefits 0.00 0.00 0.00
Past service cost – unrecognized / non-vested benefits 0.00 0.00 0.00
Benefits paid
Actuarial on obligation (balancing figure)
4930.31 897.83 200.69
5306.22 844.78 154.58
370.96 65.98 12.71
72.25 37.94 14.66
(373.23) (135.88) (81.63)
loss/(gain) 305.93 (21.09) 8.15
III. CHANGES IN THE FAIR VALUE OF PLAN ASSETS - Pension Gratuity Leave
RECONCILIATION OF OPENING AND CLOSING BALANCES: Fund Fund Encashment
Fair value of plan assets as at the beginning of the year
Fair value of plan assets as at the end of the year
Expected return on plan assets
Contributions 401.96 63.08 117.70
Benefits paid
Actuarial gain/(loss) on plan assets [balancing figure]
5215.05 835.47 0.00
5508.95 829.38 0.00
461.60 70.98 0.00
(562.05) (138.49) (117.70)
(7.61) (1.66) 0.00
Current Year 2015-16
(Amount in crore)`
(Amount in crore)`
(Amount in crore)`
207
III.
5215.05 835.47 0.00
;kstuk vkfLr;ksa ds mfpr ewY; esa ifjorZu &
4767.66 864.63 0.00
isa'ku minku NqV~Vh
ÁkjafHkd 'ks"k ,oa var'ks"k dk ys[kk lek/kku fuf/k fuf/k HkqukbZ
o"kZ ds vkjaHk esa ;kstuk vkfLr;ksa dk mfpr ewY;
;kstuk vkfLr;ksa ij visf{kr ÁfrQy
va'knku
iznRr ykHk
;kstuk vkfLr;ksa ij chekadd ykHk @ ¼gkfu½¼larqyu vkadMk½
o"kZ dh lekfIr ij ;kstuk vkfLr;ksa dk mfpr ewY;
378.07 32.39 81.63
429.42 63.72 0.00
(373.23) (135.88) (81.63)
13.13 10.61 0.00
fiNys o"kZ 2014&15
IV. ;kstuk vkfLr;ksa ij okLrfod ÁfrQy isa'ku minku NqV~Vh
fuf/k fuf/k HkqukbZ
;kstuk vkfLr;ksa ij visf{kr izfrQy
;kstuk vkfLr;ksa ij chekafdd ykHk@¼gkfu½
;kstuk vkfLr;ksa ij okLrfod izfrQy
461.60 70.98 0.00
(7.61) (1.66) 0.00
453.99 69.32 0.00
pkyw o"kZ 2015&16
IV. ;kstuk vkfLr;ksa ij okLrfod ÁfrQy isa'ku minku NqV~Vh
fuf/k fuf/k HkqukbZ
;kstuk vkfLr;ksa ij visf{kr izfrQy
;kstuk vkfLr;ksa ij chekafdd ykHk ¼gkfu½
;kstuk vkfLr;ksa ij okLrfod ÁfrQy
429.42 63.72 0
13.13 10.61 0
442.55 74.33 0
fiNys o"kZ 2014&15
V. igpkuk x;k chekafdd ykHk@gkfu
o"kZ ds nkSjku igpkus x, chekafdd ¼ykHk½@gkfu (392.01) (25.86) (100.37)
isa'ku minku NqV~Vh
fuf/k fuf/k HkqukbZ
o"kZ ds fy, chekafdd ykHk@¼gkfu½ & ck/;rk
o"kZ ds fy, chekafdd ykHk@¼gkfu½&;kstuk vkfLr;ka
o"kZ ds fy, dqy ¼ykHk½ @ gkfu
o"kZ ds var esa u igpkus x, chekafdd ¼ykHk½@gkfu 0.00 0.00 0.00
(384.40) (24.20) (100.37)
(7.61) (1.66) 0.00
(392.01) (25.86) (100.37)
pkyw o"kZ 2015&16
( )djksM+ esa`
( )djksM+ esa`
( )djksM+ esa`
( )djksM+ esa`
208
III. CHANGES IN THE FAIR VALUE OF PLAN ASSETS - Pension Gratuity Leave
RECONCILIATION OF OPENING AND CLOSING BALANCES: Fund Fund Encashment
Fair value of plan assets as at the beginning of the year
Fair value of plan assets as at the end of the year 5215.05 835.47 0.00
4767.66 864.63 0.00
Expected return on plan assets
Contributions 378.07 32.39 81.63
Benefits paid
Actuarial gain/(loss) on plan assets [balancing figure]
429.42 63.72 0.00
(373.23) (135.88) (81.63)
13.13 10.61 0.00
Previous year 2014-15
IV. ACTUAL RETURN ON PLAN ASSETS Pension Gratuity Leave
Fund Fund Encashment
Expected return on plan assets 461.60 70.98 0.00
Actuarial gain/ (loss) on plan assets (7.61) (1.66) 0.00
Actual return on plan assets 453.99 69.32 0.00
Current Year 2015-16
IV. ACTUAL RETURN ON PLAN ASSETS Pension Gratuity Leave
Fund Fund Encashment
Expected return on plan assets 429.42 63.72 0
Actuarial gain/ (loss) on plan assets 13.13 10.61 0
Actual return on plan assets 442.55 74.33 0
Previous Year 2014-15
V. ACTUARIAL GAIN / LOSS RECOGNIZED Pension Gratuity Leave
Fund Fund Encashment
Actuarial gain /( loss) recognized in the year
Actuarial for the year - Obligation
Actuarial gain / (loss) for the year- PlanAssets
Total gain / (loss) for the year
Unrecognized actuarial gain /(loss) at the end of the year 0.00 0.00 0.00
gain/(loss) (384.40) (24.20) (100.37)
(7.61) (1.66) 0.00
(392.01) (25.86) (100.37)
(392.01) (25.86) (100.37)
Current Year 2015-16
(Amount in crore)`
(Amount in crore)`
(Amount in crore)`
(Amount in crore)`
209
V.
(292.80) 31.70 (8.15)
igpkuk x;k chekafdd ykHk@gkfu
o"kZ ds nkSjku igpkus x, chekafdd ¼ykHk½@gkfu
isa'ku minku NqV~Vh
fuf/k fuf/k HkqukbZ
o"kZ ds fy, chekafdd ykHk@¼gkfu½ & ck/;rk
o"kZ ds fy, chekafdd ykHk@¼gkfu½&;kstuk vkfLr;ka
o"kZ ds fy, dqy ¼ykHk½ @ gkfu
o"kZ ds var esa u igpkus x, chekafdd ¼ykHk½@gkfu
(305.93) 21.09 (8.15)
13.13 10.61 0.00
(292.80) 31.70 (8.15)
0.00 0.00 0.00
fiNys o"kZ 2014&15
VI.
5306.22 844.78 154.58
(91.17) (9.31) (154.58)
rqyu i= esa igpkuh x;h jkf'k;ka vkSj lacaf/kr fo'ys"k.k
rqyu i= esa igpkuh x;h ns;rk
isa'ku minku NqV~Vh
fuf/k fuf/k HkqukbZ
ck/;rk dk orZeku ewY;
;kstuk vkfLr;ksa dk mfpr ewY;
vUrj
igpkuh u x;h laØe.kdkyhu ns;rk
igpkuh u x;h foxr lsok ykxr
5215.05 835.47 0.00
(91.17) (9.31) (154.58)
0.00 0.00 0.00
0.00 0.00 0.00
fiNys o"kZ 2014&15 ( )djksM+ esa`
( )djksM+ esa`
VI.
5608.14 831.94 161.63
(99.19) (2.56) (161.63)
rqyu i= esa igpkuh x;h jkf'k;ka vkSj lacaf/kr fo'ys"k.k
rqyu i= esa igpkuh x;h ns;rk
isa'ku minku NqV~Vh
fuf/k fuf/k HkqukbZ
ck/;rk dk orZeku ewY;
;kstuk vkfLr;ksa dk mfpr ewY;
vUrj
igpku u dh x;h laØe.kdkyhu ns;rk
igpku u dh x;h foxr lsok ykxr
5508.95 829.38 0.00
(99.19) (2.56) (161.63)
0.00 0.00 0.00
0.00 0.00 0.00
pkyw o"kZ 2015&16 ( )djksM+ esa`
( )djksM+ esa`
pkyw o"kZ 2015&16
VII.
409.98 56.33 124.75
ykHk ,oa gkfu ys[ks esa igpkus x;s O;;
ykHk ,oa gkfu ys[ks esa igpkus x;s O;;
isa'ku minku NqV~Vhfuf/k fuf/k HkqukbZ
orZeku lsok ykxr
C;kt ykxr
;kstuk vkfLr;ksa ij visf{kr izfrQy
fuoy chekafdd ¼ykHk½@ gkfu tks bl o"kZ esa igpkuh x;h gS
bl o"kZ esa igpkuh x;h laØe.kdkyhu ns;rk
foxr lsok ykxr & igpkuh xbZ
75.54 42.82 17.14
404.03 58.63 7.24
(461.60) (70.98) 0.00
392.01 25.86 100.37
0.00 0.00 0.00
0.00 0.00 0.00
210
V. ACTUARIAL GAIN / LOSS RECOGNIZED Pension Gratuity Leave
Fund Fund Encashment
Actuarial gain /(loss) recognized in the year (292.80) 31.70 (8.15)
Actuarial gain / (loss) for the year - Obligation (305.93) 21.09 (8.15)
Actuarial gain / (loss) for the year- PlanAssets 13.13 10.61 0.00
Total gain / (loss) for the year (292.80) 31.70 (8.15)
Unrecognized actuarial gain/( loss) at the end of the year 0.00 0.00 0.00
Previous Year 2014-15
VI. AMOUNTS RECOGNISED IN THE BALANCE SHEET Pension Gratuity Leave
AND RELATED ANALYSIS Fund Fund Encashment
5306.22 844.78 154.58
Liability recognized in the balance sheet (91.17) (9.31) (154.58)
Present value of the obligation
Fair value of plan assets 5215.05 835.47 0.00
Difference (91.17) (9.31) (154.58)
Unrecognised transitional liability 0.00 0.00 0.00
Unrecognised past service cost 0.00 0.00 0.00
Previous Year 2014-15 (Amount in crore)`
(Amount in crore)`
VI. AMOUNTS RECOGNISED IN THE BALANCE SHEET Pension Gratuity Leave
AND RELATED ANALYSIS Fund Fund Encashment
5608.14 831.94 161.63
Liability recognized in the balance sheet (99.19) (2.56) (161.63)
Present value of the obligation
Fair value of plan assets 5508.95 829.38 0.00
Difference (99.19) (2.56) (161.63)
Unrecognised transitional liability 0.00 0.00 0.00
Unrecognised past service cost 0.00 0.00 0.00
Current Year 2015-16 (Amount in crore)`
(Amount in crore)`
Current Year 2015-16
VII. EXPENSES RECOGNISED IN THE STATEMENT OF Pension Gratuity Leave
PROFIT AND LOSS: Fund Fund Encashment
Expenses recognized in the statement of profit and loss 409.98 56.33 124.75
Current service cost 75.54 42.82 17.14
Interest Cost 404.03 58.63 7.24
Expected return on plan assets (461.60) (70.98) 0.00
Net actuarial (gain)/loss recognised in the year 392.01 25.86 100.37
Transitional Liability recognised in the year 0.00 0.00 0.00
Past service cost - recognised 0.00 0.00 0.00
211
fiNys o"kZ 2014&15
VII. ykHk ,oa gkfu ys[ks esa igpkus x;s O;;
ykHk ,oa gkfu ys[ksa esa igpkus x;s O;; 469.24 41.70 35.52
isa'ku minku NqV~Vhfuf/k fuf/k Hkqukb
orZeku lsok ykxr
C;kt ykxr
;kstuk vkfLr;ksa ij visf{kr izfrQy
fuoy chekafdd ¼ykHk½@ gkfu tks bl o"kZ esa igpkuh x;h gS
bl o"kZ esa igpkuh x;h laØe.kdkyhu ns;rk
foxr lsok ykxr & igpkuh xbZ
72.25 37.94 14.66
370.96 65.98 12.71
(429.42) (63.72) 0.00
0.00 0.00 0.00
0.00
292.80 (31.70) 8.15
162.65 33.20
pkyw o"kZ 2015&16
VIII. rqyu i= esa igpkuh x;h ns;rkvksa esa ifjorZu isa'ku minku NqV~Vhfuf/k fuf/k Hkqukb
fuoy ns;rk dk vkjafHkd 'ks"k
mi;qZDrkuqlkj O;;
iznRr va'knku
fuoy ns;rk dk var 'ks"k
91.17 9.31 154.58
409.98 56.33 124.75
(401.96) (63.08) (117.70)
99.19 2.56 161.63
fiNys o"kZ 2014&15
VIII. rqyu i= esa igpkuh x;h ns;rkvksa esa ifjorZu isa'ku minku NqV~Vhfuf/k fuf/k Hkqukb
fuoy ns;rk dk vkjaHk 'ks"k
mi;qZDrkuqlkj O;;
iznRr va'knku
fuoy ns;rk dk var 'ks"k
0.00 0.00 200.69
469.24 41.70 35.52
91.17 9.31 154.58
(378.07) (32.39) (81.63)
IX. (I) pkyw o"kZ 2015&16 isa'ku minku NqV~Vh
fuf/k fuf/k Hkqukb
ck/;rk dk orZeku ewY;
;kstuk vkfLr;ka
vf/k'ks"k ¼?kkVk½
;kstuk ns;rkvksa ij vuqHko lek;kstu ¼gkfu@ykHk½
;kstuk vkfLr;ksa ij vuqHko le;kstu ¼gkfu@ykHk½ (7.61) (1.66) 0.00
5608.14 831.94 161.63
5508.95 829.38 0.00
(99.19) (2.56) (161.63)
(384.40) (24.20) (100.37)
( )djksM+ esa`
( )djksM+ esa`
( )djksM+ esa`
( )djksM+ esa`
212
Previous Year 2014-15
VII. EXPENSES RECOGNISED IN THE STATEMENT OF Pension Gratuity Leave
PROFIT AND LOSS: Fund Fund Encashment
Current service cost 72.25 37.94 14.66
Interest Cost 370.96 65.98 12.71
Expected return on plan assets (429.42) (63.72) 0.00
Net actuarial (gain)/loss recognised in the year
Transitional Liability recognised in the year 0.00 0.00 0.00
Past service cost - recognised 0.00
Expenses recognized in the statement of profit and loss
292.80 (31.70) 8.15
162.65 33.20
469.24 41.70 35.52
Current Year 2015-16
VIII. MOVEMENTS IN THE LIABILITY RECOGNIZED IN THE Pension Gratuity Leave
BALANCE SHEET Fund Fund Encashment
Opening net liability
Expense as above
Contribution paid
Closing net liability
91.17 9.31 154.58
409.98 56.33 124.75
(401.96) (63.08) (117.70)
99.19 2.56 161.63
Previous Year 2014-15
VIII. MOVEMENTS IN THE LIABILITY RECOGNIZED IN THE Pension Gratuity Leave
BALANCE SHEET Fund Fund Encashment
Opening net liability 0.00 0.00 200.69
Expense as above 469.24 41.70 35.52
Contribution paid
Closing net liability 91.17 9.31 154.58
(378.07) (32.39) (81.63)
IX. (i) Current Year 2015-16 Pension Gratuity Leave
Fund Fund Encashment
Present Value of obligation
PlanAssets
Surplus/ (Deficit)
Experience adjustments on plan liabilities- (loss) / gain
Experience adjustments on plan assets- (loss) / gain (7.61) (1.66) 0.00
5608.14 831.94 161.63
5508.95 829.38 0.00
(99.19) (2.56) (161.63)
(384.40) (24.20) (100.37)
(Amount in crore)`
(Amount in crore)`
(Amount in crore)`
(Amount in crore)`
213
IX. (iii) fiNys o"kZ 2012&15
minku
31.03.2012 31.03.2013 31.03.2014 31.03.2015dks dks dks dks
lekIr o"kZ lekIr o"kZ lekIr o"kZ lekIr o"kZ
ck/;rk dk orZeku ewY;
;kstuk vkfLr;ka
vf/k'ks"k ¼?kkVk½
;kstuk ns;rkvksa ij vuqHko lek;kstu ¼gkfu@ykHk½
;kstuk vkfLr;ksa ij vuqHko le;kstu ¼gkfu@ykHk½
755.05 810.57 897.83 844.78
655.45 744.18 864.63 835.47
(99.60) (66.40) (33.19) (9.31)
(78.52) 75.89 113.35 21.09
(1.72) 0.00 0.65 10.61
( )djksM+ esa`
IX. (ii) fiNys o"kZ 2012&15
lekIr o"kZ
31.03.2012 31.03.2013 31.03.2014 31.03.2015dks dks dks dks
isa'ku lekIr o"kZ lekIr o"kZ lekIr o"kZ
ck/;rk dk orZeku ewY;
;kstuk vkfLr;ka
vf/k'ks"k ¼?kkVk½
;kstuk ns;rkvksa ij vuqHko lek;kstu ¼gkfu@ykHk½
;kstuk vkfLr;ksa ij vuqHko le;kstu ¼gkfu@ykHk½
3863.80 4521.26 4930.31 5306.22
3375.87 4195.96 4767.66 5215.05
(487.93) (325.30) (162.65) (91.17)
(346.33) 533.47 (263.75) (305.93)
9.18 24.35 (21.88) 13.13
( )djksM+ esa`
IX. (iii) fiNys o"kZ 2012&15
Nqêh HkqukbZ
31.03.2012 31.03.2013 31.03.2014 31.03.2015dks dks dks d
lekIr o"kZ lekIr o"kZ lekIr o"kZ lekIr o"kZ
ck/;rk dk orZeku ewY;
;kstuk vkfLr;ka
vf/k'ks"k ¼?kkVk½
;kstuk ns;rkvksa ij vuqHko lek;kstu ¼gkfu@ykHk½
;kstuk vkfLr;ksa ij vuqHko le;kstu ¼gkfu@ykHk½
218.06 236.22 200.69 154.58
0.00 0.00 0.00 0.00
218.06 (236.22) (200.69) (154.58)
18.17 2.23 4.39 (8.15)
0.00 0.00 0.00 0.00
( )djksM+ esa`
214
( )djksM+ esa`
X. ;kstuk vkfLr;ksa ds eq[; laoxZ isa'ku minku isa'ku minku¼dqy ;kstuk vkfLr;ksa ds izfr'kr esa½ fuf/k fuf/k fuf/k fuf/k
2015-16 2014-15
- - - -
0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00
0.28
100.00 100.00 100.00 100.00
Hkkjr ljdkj izfrHkwfr;k¡
Hkkjr ljdkj izfrHkwfr;k¡
mPp xq.koRrkokys dkiksZjsV ckaM
fo'ks"k tek ;kstuk
chekdrkZ }kjk izcaf/kr fuf/k;k¡
futh {ks= ds ckW.M
euh ekdsZV
dqy
- - - -
46.04 22.60 35.08 12.80
0.22 0.26 22.19 13.08
53.74 77.14 42.47 73.84
0.00 0.00 0.26
jkT; ljdkj izfrHkwfr;k¡
vkSj jkT; ljdkj izfrHkwfr;k¡
IX. (iii) Previous Years 2012-15 Year ended
Gratuity
Year ended Year ended Year ended
31.03.2012 31.03.2013 31.03.2014 31.03.2015
Present Value of obligation
PlanAssets
Surplus /(Deficit)
Experience adjustments on plan liabilities- (loss) / gain
Experience adjustments on plan assets- (loss) / gain
755.05 810.57 897.83 844.78
655.45 744.18 864.63 835.47
(99.60) (66.40) (33.19) (9.31)
(78.52) 75.89 113.35 21.09
(1.72) 0.00 0.65 10.61
(Amount in crore)`
IX. (ii) Previous Years 2012-15 Year endedYear ended Year ended Year ended
Pension 31.03.2012 31.03.2013 31.03.2014 31.03.2015
Present Value of obligation 3863.80 4521.26 4930.31 5306.22
PlanAssets 3375.87 4195.96 4767.66 5215.05
Surplus /(Deficit) (
Experience adjustments on plan liabilities- (loss) / gain
Experience adjustments on plan assets- (loss) / gain
487.93) (325.30) (162.65) (91.17)
(346.33) 533.47 (263.75) (305.93)
9.18 24.35 (21.88) 13.13
(Amount in crore)`
IX. (iii) Previous Years 2012-15 Year ended
Leave Encashment
Year ended Year ended Year ended
31.03.2012 31.03.2013 31.03.2014 31.03.2015
Present Value of obligation
PlanAssets
Surplus /(Deficit)
Experience adjustments on plan liabilities- (loss) / gain
Experience adjustments on plan assets- (loss) / gain
218.06 236.22 200.69 154.58
0.00 0.00 0.00 0.00
218.06 (236.22) (200.69) (154.58)
18.17 2.23 4.39 (8.15)
0.00 0.00 0.00 0.00
(Amount in crore)`
(Amount in crore)`
215
X. MAJOR CATEGORIES OF PLAN ASSETS Pension Gratuity Pension Gratuity
(AS PERCENTAGE OF TOTAL PLAN ASSETS) Fund Fund Fund Fund
2015-16 2014-15
Government of India Securities
Government Securities - - - -
Government of India Securities and StateGovernment Securities
High Quality Corporate Bonds
Special Deposit Scheme 0.00 0.00 0.00 0.00
Funds managed by Insurer
Private Sector Bonds 0.00 0.00 0.00 0.00
Money Market 0.28
Total 100.00 100.00 100.00 100.00
- - - -
State
46.04 22.60 35.08 12.80
0.22 0.26 22.19 13.08
53.74 77.14 42.47 73.84
0.00 0.00 0.26
XI. vxys o"kZ ds nkSjku va'knku isa'ku fuf/k minku jkf'k vftZr Nqêh
vxys o"kZ ds nkSjku va'knku ij m|e dk loksZPp vuqeku 440.00 92.68 140.00
( )djksM esa`
9.3.3 vU; nh?kZdkyhu deZpkjh ykHk
cSad }kjk fu;qä Lora= chekadd }kjk chekafdd ewY;kadu ds vuqlkj nh?kZdkyhu deZpkjh ykHkksa ds fy, 1-55 djksM+ dh jkf'k ¼fiNys o"kZ 68-01 djksM+½çnku @ ¼vofyf[kr½ dh xbZ rFkk bls ykHk ,oa gkfu ys[kk esa ÞdeZpkfj;ksa dks Hkqxrku vkSj muds fy, çko/kkuß 'kh"kZ ds rgr 'kkfey fd;k x;kA
o"kZ ds nkSjku fofHkUu nh?kZdkyhu deZpkjh ykHkksa gsrq cuk, x, ¼vofyf[kr½ vfrfjä çko/kkuksa dk fooj.k%
``
( )djksM esa`
la-
(1.55) (68.01)
nh?kZdkyhu deZpkjh ykHk 31/03/2016 31/03/2015
1. chekjh Nqêh
dqy
(0.21) (70.39)
(0.27) 0.23
(1.07) 2.15
2.
3.
vkdfLed Nqêh
Nqêh ;k=k fj;k;r
9.4
uksV%
[k.M fjiksfVZax ¼,,l 17½
'kkfey çdVhdj.k esa chekadd }kjk miyC/k djkbZ xbZ lwpuk dh lhek rd lhfer gSA
ys[kkdj.k ekudksa ij Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kksa ds vuqlkj] cSad ds ifjpkyuksa dks izkFkfed [k.M ;Fkk] dkjksckj [k.M ftlesa **jktdks"k**]**dkiksjsZV@Fkksd cSafdax**] **[kqnjk cSafdax** ,oa **vU; cSafdax ifjpkyu** 'kkfey gS rFkk f}rh; [k.M tks fd HkkSxksfyd [k.M gS ftls **ns'kh** ,oa **varjkZ"Vªh; ds:i esa oxhZÑr fd;k x;k gS] fuEukuqlkj gS %
216
XI. CONTRIBUTION DURING NEXT YEAR Fund FundPension Gratuity Earned Leave
Enterprises best estimate of contribution during next year 440.00 92.68 140.00
(Amount in crore)`
9.3.3 Other Long Term Employee Benefits
Amount of 1.55 crore (previous year ( 68.01 crore) is provided / (written back) towards Long Term Employee Benefits as per
the actuarial valuation by the independent Actuary appointed by the Bank and is included under the head “Payments to and
Provisions for Employees” in Profit and LossAccount.
Details of additional Provisions made / (written back) for various long Term Employee Benefits during the year:
` `
(Amount in crore)`
No. Long Term Employee Benefits
Total (1.55) (68.01)
31/03/2016 31/03/2015
1. Sick Leave (0.21) (70.39)
(0.27) 0.23
(1.07) 2.15
2. Casual Leave
3. Leave Travel Concession
9.4 SEGMENT REPORTING (AS 17)
Note:
Disclosures included are limited to the extent of information provided by theActuary.
As per the Reserve Bank of India guidelines on Accounting Standards, the Bank's operations are classified into Primary
segment i.e. the business segment comprising of 'Treasury', 'Corporate / Wholesale Banking', 'Retail Banking' and 'Other
Banking Operations' and Secondary segment being the geographical segment comprising of 'Domestic' and 'International' as
follows:
217
2015-16 2014-15 2015-16 2014-15 2015-16 2014-15 2015-16 2014-15 2015-16 2014-15
4591.80 3970.83 7122.37 7161.73 6132.23 5966.69 178.79 117.04 18025.20 17216.30
978.11 671.45 1030.81 1238.35 844.41 986.90 178.76 117.02 3032.09 3013.72
0.00 0.00
0.00 0.00
0.00 0.00
54996.89 48250.98 82193.10 80320.03 67326.00 65078.43 1.06 0.78 204517.04 193650.22
54674.80 47898.96 71693.98 70348.07 58941.26 56730.36 0.00 0.00 185310.05 174977.39
jktLo
ifj.kke
r
vU; xSj
vk;dj
viokn Lo:i
fuoy ykHk
vU;tkudkjh
[k.Mh;vkfLr;ka
vukcafVrvkfLr;ka
[k.Mh;ns;rk,a
vukcafVrns;rk,a
iwath]vkjf{kfr;k¡ vkSj
vf/k'ks"k
O;;
ifjpkyuxrykHk
vkcaVuh;vk;
ensa
2076.79 1545.10
955.30 1468.62
243.92 463.45
711.38 1005.17
-806.65 -814.25
2140.56 3025.32
16259.78 14833.26
vYi la[;dds fgr
dqy vkfLr;ka
dqy ns;rk,a
203710.39 192835.97
203710.39 192835.97
vukcafV
[kaM ifj.kke
Hkkx ,O;kikj[k.M
Vªs'kjh dkiksZjsV@Fkksd
cSafdax[kqnjk cSafdax vU; cSafdax
ifjpkyudqy
2015-16 2014-15 2015-16 2014-15 2015-16 2014-15
ns'kh varjkZ"Vªh; dqy
jktLo
vkfLr;ka
17 739.55 16 898.60 285.65 317.69 18 025.20 17 216.30
1 94 638.68 1 84 705.52 9 071.71 8 130.45 2 03 710.39 1 92 835.97
Hkkx ch & HkkSxksfyd [k.M
tgka izR;{k vkcaVu laHko ugha gS] [k.Mh; jktLo ,oa O;;ksa dks [k.Mh; vkfLr;ksa ds vk/kkj ij izHkkftr fd;k x;k gSA tgk¡ vko';d gqvk] fiNys o"kZ ds vk¡dMksa dksiqulZewfgr fd;k x;kA
218
2015-16 2014-15 2015-16 2014-15 2015-16 2014-15 2015-16 2014-15 2015-16 2014-15
Revenue 4591.80 3970.83 7122.37 7161.73 6132.23 5966.69 178.79 117.04 18025.20 17216.30
Result 978.11 671.45 1030.81 1238.35 844.41 986.90 178.76 117.02 3032.09 3013.72
Unallocatedexpenses
OperatingProfit
MinorityInterest 0.00 0.00
Otherunallocable
income 0.00 0.00
IncomeTaxes
ExceptionalItem 0.00 0.00
Net Profit
Otherinformation
SegmentAssets 54996.89 48250.98 82193.10 80320.03 67326.00 65078.43 1.06 0.78 204517.04 193650.22
Unallocatedassets
Total assets
SegmentLiabilities 54674.80 47898.96 71693.98 70348.07 58941.26 56730.36 0.00 0.00 185310.05 174977.39
Unallocatedliabilities
Capital,Reserves &
Surplus
Total liabilities
2076.79 1545.10
955.30 1468.62
243.92 463.45
711.38 1005.17
-806.65 -814.25
2140.56 3025.32
16259.78 14833.26
203710.39 192835.97
203710.39 192835.97
Segment Reporting
Part ABusinessSegments
TreasuryCorporate/WholesaleBanking
Retail BankingOther Banking
operationsTotal
Domestic International Total
2015-16 2014-15 2015-16 2014-15 2015-16 2014-15
Revenue
Assets
17 739.55 16 898.60 285.65 317.69 18 025.20 17 216.30
1 94 638.68 1 84 705.52 9 071.71 8 130.45 2 03 710.39 1 92 835.97
Part B Geographic Segments
Segment Revenue and expenses have been apportioned on the basis of segmental assets, wherever direct allocation is notpossible. Previous year figures have been regrouped wherever necessary.
219
9.5
)
)
)
)
682
2015-16 2014-15
9.6
lacaf/kr ikVhZ ÁdVhdj.k ¼, ,l 18½
, vuq"kafx;ka%
ch lg;ksxh% ¼{ks=h; xzkeh.k cSad½
lh eq[; Áca/kdh; dkfeZd
Mh xSj dk;Zikyd funs'kdksa dh 'ks;j /kkfjrk %
Øekad xSj dk;Zikyd funs'kd dk uke /kkfjr bZfDoVh 'ks;jksa dh la[;k
dqqy
lacaf/kr ikVhZ ysunsu fuEufyf[kr gS
iV~Vs ¼,,l 19½
lac) i{kksa ds uke rFkk cSad ds lkFk muds laca/k
baM cSad gkmflax fyfeVsM
baM cSad epsZaV cSafdax lfoZlst fyfeVsM
iYyou xzke cSad
lIrfxfj xzkeh.k cSad
iqnqoS Hkkjfr;kj xzke cSad
Jh Vh-,e Hklhu Áca/k funs'kd ,oa eq[; dk;Zikyd vf/kdkjh ¼10-06-2015 rd½
Jh ch jkt dqekj dk;Zikyd funs'kd ¼31-05-2015 rd½
Jh egs'k dqekj tSu dk;Zikyd funs'kd ¼01-11-2015 rd½ vkSj Áca/k funs'kd ,oa eq[; dk;Zikyd vf/kdkjh
¼02-11-2015 ds izHkko ls½
Jh vkj lqczef.k; dqekj dk;Zikyd funs'kd ¼22-01-2016 ds izHkko ls½
Jh , ,l jktho dk;Zikyd funs'kd ¼22-01-2016 ds izHkko ls½
Jh cfMMk ikFkZlkjrh fotsUnz
Jh fouksn dqekj ukxj
Jh Jhjke jkepUnzu
, Áeq[k Áca/kdh; dkfeZdksa dks o"kZ ds nkSjku 67-27 yk[k #i;s ikfjJfed dk Hkqxrku fd;k x;k ¼fiNys o"kZ 72-00 yk[k #i,½
Jh egs'k dqekj tSu] izfu ,oa eqdkv
iznRr osru vkSj ikfjJfed ¼01-04-2015 ls 31-03-2016½ yk[k
Jh vkj lqczef.k; dqekj] dk fu
iznRr osru vkSj ikfjJfed ¼22-01-2016 ls 31-03-2016½
Jh , ,l jktho] dk fu
iznRr osru vkSj ikfjJfed ¼22-01-2016 ls 31-03-2016½
ch vuq"kafx;ksa vkSj lg;ksfx;ksa ds lHkh ysunsu dks **lacaf/kr ikVhZ izdVhdj.k** , ,l&18 ds iSjk&9 ds vuqlkj ÁdVhdj.k ugha fd;k x;k gS] ftUgsa jkT; fu;af=r
miØeksa dks muds ysunsu ls lacaf/kr ikVhZ] tks Lo;a jkt; fu;af=r miØe gS] izdVhdj.k ls NwV nh xbZ gSA
, iV~Vs @ fdjk, vk/kkj ij yh xbZ ifjlaifRr;ksa ds laca/k esa cSad ds fodYi ds vuqlkj mudk uohdj.k @ jn~n fd;k tk ldrk gSA
Ckh cSad }kjk fd, tkus okys iV~Vs djkj] vkil esa lger vof/k ds fy, gSa vkSj fyf[kr :Ik ls lger dSy.Mj eghuksa dh uksfVl nsus ds tfj, iV~Vs dh vof/k ds
nkSjku Hkh mls lekIr fd;k tk ldrk gSA
Lkh ifjpkyuxr iV~Vksa ds fy, iznRr iV~Vk fdjk, dks] og ftl o"kZ ls lacaf/jkr gS] ykHk ,oa gkfu ys[ks esa O;; ds :Ik esa igpkuk tkrk gSA orZeku o"kZ ds nkSjku
igpkuk x;k iV~Vk fdjk;k 157-68 djksM+ #i, gSaA ¼foxr o"kZ & 124-73 djksM+ #i,½A
ii.
)
ii)
iii)
1. 75
2. 107
3. 500
)
25.53 20.18
3.31 -
)
)
i.
i
yk[k
yk[k
yk[k
Jh Vh-,e- Hklhu] HkwriwoZ iz fu
iznRr osru vkSj ikfjJfed ¼01-04-2015 ls 10-06-2015½ yk[k yk[k
Jh ch jktdqekj] dk fu
iznRr osru vkSj ikfjJfed ¼01-04-2015 ls 31-05-2015½ yk[k yk[k
`
`
`
3.31 -
22.55 27.90
12.57 23.92
)
)
` `
`
` `
220
9.5 RELATED PARTY DISCLOSURES (AS 18)
Names of the Related Parties and their relationship with the Bank :
a) Subsidiaries :
b) Associates : (Regional Rural Banks)
c) Key Managerial Personnel:
d) Shareholding of non-executive Directors:
Sl No. Name of the non-executive Director No. of equity shares held
TOTAL 682
Related Party transactions are as under:
2015-16 2014-15
9.6 Leases (AS 19)
i. Ind Bank Housing Ltd.
ii. Indbank Merchant Banking Services Ltd.
i) Pallavan Grama Bank
ii) Saptagiri Grameena Bank
iii) Puduvai Bharathiar Grama Bank
Shri. T M Bhasin Managing Director & Chief Executive Officer (upto 10.06.2015)
Shri B Raj Kumar Executive Director (upto 31.05.2015)
Shri Mahesh Kumar Jain Executive Director (upto 01.11.2015) & Managing Director & Chief Executive Officer
(w.e.f. 02.11.2015)
Shri R Subramania Kumar Executive Director (w.e.f. 22.01.2016)
Shri AS Rajeev Executive Director (w.e.f. 22.01.2016)
1. Shri Badida Parthasarathy Vijayendra 75
2. Shri Vinod Kumar Nagar 107
3. Shri Sriram Ramachandran 500
a) Remuneration paid to Key Management Personnel during the year 67.27 lakhs (Previous-year 72.00 lakhs)
Shri. Mahesh Kumar Jain, MD & CEO
Salary & Emoluments Paid (01.04.15 to 31.03.16) 25.53 lakhs 20.18 lakhs
Shri. R. Subramania Kumar ED
Salary & Emoluments Paid (22.01.2016 to 31.03.2016) 3.31 lakhs -
Shri . A. S. Rajeev ED
Salary & Emoluments Paid (22.01.2016 to 31.03.2016)
b) The transactions with subsidiaries and associates have not been disclosed in view of para 9 of AS-18 'Related Party
Disclosure', which exempts state controlled enterprises from making any disclosure pertaining to their transactions with other
related parties which are also state controlled enterprises.
a) The properties taken on lease / rental basis are renewable / cancellable at the option of the Bank.
The leases entered into by the Bank are for agreed period with an option to terminate the leases even during the currency of
lease period by giving agreed calendar months notice in writing.
Lease rent paid for operating leases are recognised as an expense in the Profit & Loss account in the year to which it
relates. The lease rent recognised during the year is � 157.68 Crores (Previous year – � 124.73 Crore).
` `
`
`
3.31 lakhs -
Shri . T M Bhasin Ex- MD & CEO
Salary & Emoluments Paid (01.04.2015 to 10.06.2015) 22.55 lakhs 27.90 lakhs
Shri . B Raj Kumar Ex- ED
Salary & Emoluments Paid (01.04.2015 to 31.05.2015) 12.57 lakhs 23.92 lakhs
`
` `
`
` `
221
9.7
2015-16 2014-15
9.8
31.03.2016 31.03.2015
71.20 187.16
784.07 1052.45
(712.88) (865.29)
9.9
10.
11.
Áfr 'ks;j vtZu ¼,,l 20½
fooj.k
vk; ij djksa ds fy, ys[kkdj.k ¼,,l 22½
MhVh, @ MhVh,y la?kVd
la?kVd
vkLFkfxr dj vkfLr;k¡
dqy&MhVh,
vkLFkfxr dj ns;rk,¡
dqy & MhVh,y
fuoy MhVh, @ MhVh,y
vjf{kr fons'kh eqnzk _.k
ykHkka'k
bZfDoVh 'ks;j %
fofo/k vk; esa fuEufyf[kr 'kkfey gSa %
711.38 1005.18
480291651 480291651
480291651 464890798
14.81 21.62
10.00 10.00
1. 70.92 186.60
2. 0.00 0.56
3. 0.28 0.00
1. 61.04 56.07
2. 0.00 283.04
3. 504.21 504.21
4. 5.71 5.71
5. 213.11 203.42
ii)
12.
13.
14.
bZfDoVh 'ks;j /kkjdksa gsrq miyC/k dj ds ckn fuoy ykHk ¼#-djksM+ esa½
bZfDoVh 'ks;jksa dh la[;k
bZfDoVh 'ks;jksa dh Hkkfjr la[;k
izfr 'ks;j ewy vtZu
izfr 'ks;j de fd;k gqvk vtZu
izfr bZfDoVh 'ks;j vafdr ewY;
MhVh,¼vLFkfxr dj vkfLr;k¡½ @ MhVh,y ¼vLFkfxr dj ns;rk,¡½ ds eq[; la?kVd fuEu izdkj gSa %
Hkqxrku@fØLVykbts'ku ij vuqes; ns;rkvksa dk Áko/kku
viz;qDr vodk'k ds fy, Áko/kku
foxr o"kksZa esa lafnX/k _.kksa ds fy, nkok ugha fd, x, HkRrs
fLFkj vkfLr;ksa ij ewY;gªkl
ljdkjh izfrHkwfr;ksa ij C;kt
cV~Vs [kkrs gsrq izko/kku
LVkQ dY;k.k O;;
vk;dj vf/kfu;e 1961 36¼ ½¼ ½ ds fo'ks"k vkj{k.k ij MhVh,y
vius m/kkjdrkZvksa ds vjf{kr fons'kh eqnzk _.kksa esa tksf[ke dh O;oLFkk ds fy, ,d uhfr fu/kkZfjr dh gSA tgk¡ LokHkkfod j{kk ¼gst½ ugha gS] vk;kr @fu;kZr ysunsuksa ds fy, xzkgdksa dks ok;nk doj ysus dh lykg nh tkrh gSA ;g ok;nk doj] fofue; tksf[ke ds fy, tksf[ke 'keu ds dkjd dh HkwfedkfuHkk;sxkA lqfo/kkvksa dks eatwj djrs le; cSad ;g lqfuf'pr djrk gS fd fons'kh eqnzk esa iznRr lHkh _.kksa ¼fuf/k vk/kkfjr vkSj xSj fuf/k vk/kkfjr] ftlesa dEQVZi= vkSj opuc)rk i= 'kkfey gSa½ dks ok;nk doj ds tfj, doj fd;k tkrk gSA ok;nk doj ls NwV iznku djus ds vuqjks/kksa ij flQZ dkWiksZjsV dk;kZy; ds Lrjij fopkj fd;k tkrk gSA m/kkj [kkrksa dh djrs le;] jf{kr ,oa vjf{kr _.kksa dks dSIpj fd;k tkrk gS vkSj _.k izLrkoksa esa buds izHkko dk fo'ys"k.kfd;k tkrk gSA
31 ekpZ] 2016 dks lekIr o"kZ ds fy, cSad us 16-67 djksM+ dh jkf'k iqu% çkIr fd;k rFkk HkkfjcSad ds ifji= fnukad 15 tuojh] 2014 ds vuqlkj vius la?kVdksads vkjf{kr fons'kh eqæk ,Dlikstj ij cSad ds ikl 15-37 djksM+ j[kus dk çko/kku gSA
bZfDoVh ykHkka'k ds fy, çko/kku esa #i, 72-04 djksM dh jkf'k j[kh xbZ gS ftlesa o"kZ 2015&16 ds fy, 15 çfr'kr izLrkfor ykHkka'k ¼fiNyso"kZ& 201-72 djksM+ #i,½ 'kkfey gSA
247-42 djksM+ #i, ¼fiNys o"kZ 159-96 djksM+ #i,½ dh jkf'k tks cV~Vs [kkrs fy[ks x, [kkrksa esa olwyh gSA
foRrh; vkfLr;ksa dh fcØh ds ekeyksa esa gkfu ;k ykHk ds ys[kkadu ds laca/k esa Hkkjrh; fjtoZ cSad ds ifji= la-Mhchvkj-la-chih-chlh-75@21-04-048@2014&15fnukad 11 ekpZ] 2015 ds vuqdj.k esa foxr o"kksZa esa fd, x, 52-75 djksM+ #i, ds vf/kd izko/kku dks izR;kofrZr fd;k x;k gS vkSj bldk ifj.kke] 31-03-2016 dkslekIr o"kZ ds fy, ykHk ij iMrk gSA
cSad ds ikl miyC/k tkudkjh ds vuqlkj cSad }kjk igpkuh xbZ ,e,l,ebZ bdkb;ksa dks cSad }kjk ns; ,slh cdk;k jkf'k;k¡ ugha gSa tks ,e,l,ebZMh vf/kfu;e]2006 esa fu/kkZfjr le; lhek ls vf/kd vof/k ds fy, yafcr gS vkSj ,slh ikfVZ;ksa ds laca/k esa ewy jkf'k @ ;k mlij C;kt ds foyac ls fd, x, Hkqxrkuksa ds fy,ekuh x;h ns;rk ds laca/k esa dksbZ fjiksVsZa ugha gSaA
HkkfjcSad ds ifji= la- Mhchvkj-la-chih-chlh- 83@21-06-201@2015&16 fn- 01 ekpZ] 2016 ds vuqlkj] lhbZVh 1 iwath ftls HkkfjcSad }kjk mi;qZä ifji= esafu/kkZfjr fd;k x;k gS] ds fy, cSad us 31 ekpZ] 2016 rd iquewZY;u fjtoZ rFkk Q‚fju djsalh Vªkalys'ku fjtoZ ij /;ku j[kk gSA
tgka Hkh vko';d gks] pkyw o"kZ ds vkadMs ds vuq:i cukus ds fy, fiNys o"kZ ds vkadM+ksa dks iqu% oxhZÑr fd;k x;k gSA
` `
` `
` `
14.81 21.62
( )
15.
djksM+ esa
v/k
cSad us
leh{k
125-06 djksM #i, ¼fiNys o"kZ 126-71 djksM+ #i,½] tks o"kZ ds nkSjku lalk/ku izHkkj gsrq olwy dh x;h jkf'k gSA
i viii
I)
`
`
`
`
`
dh /kkjk hu
222
9.7 Earnings Per Share (AS 20)
Particulars 2015-16 2014-15
9.8 ACCOUNTING FOR TAXES ON INCOME (AS 22)
DTA / DTL components
Components 31.03.2016 31.03.2015
TOTAL- DTA 71.20 187.16
TOTAL – DTL 784.07 1052.45
NET DTA/ (DTL) (712.88) (865.29)
9.9 Unhedged Foreign Currency Exposure
10. Dividend
Equity Shares :
11. Miscellaneous income includes:
Net Profit after tax available for equity shareholders ( Crore) 711.38 1005.18
Number of Equity Shares 480291651 480291651
Weighted Number of equity shares 480291651 464890798
Basic Earning Per Share 14.81 21.62
Diluted Earning Per Share
Nominal value per Equity Share 10.00 10.00
The major components of DTA(Deferred TaxAssets) / DTL(Deferred Tax Liabilities) are as follows:
in Crore
Deferred Tax Assets
1. Liabilities provision allowable on payment /crystallization 70.92 186.60
2. Provision for unutilized leave 0.00 0.56
3. Unclaimed allowance for doubtful debts in prior years 0.28 0.00
Deferred Tax Liabilities
1. Depreciation on Fixed Assets 61.04 56.07
2. Interest on Government securities 0.00 283.04
3. Provision for Written-off Accounts 504.21 504.21
4. Staff Welfare Retrieval 5.71 5.71
5. DTL on Special Reserves u/s 36(i)(viii) of Income Tax Act, 1961 213.11 203.42
:
The Bank has in place a policy on managing credit risk arising out of unhedged foreign currency exposures of its borrowers.Where there is no natural hedge, forward cover is suggested to customers in respect of import/export transactions. The forwardcover will act as risk mitigation on exchange risk. While sanctioning the facilities, bank is ensuring that all the exposures (fundbased and non fund based including Letter of Comfort / Letter of Undertaking) in foreign currencies are covered by forward cover.Request for considering waiver of forward cover if any is considered only at corporate office level. While reviewing the borrowalaccounts hedged and unhedged exposure are captured and impact is analyzed in credit proposals.
The Bank has retrieved an amount of 16.67 crores for the year ended 31 March 2016 and holds a provision of 15.37 croreon Unhedged Foreign Currency Exposure to their constituents in terms of RBI circular dated January 15,2014.
Provision for Equity Dividend includes proposed dividend at 15% amounting to 72.04 crore(previous year 201.72 crore) for the year 2015-16.
I) a sum of 247.42 Crore (previous year 159.96 Crore) being recovery in written-off accounts
ii) 125.06 Crore (previous year 126.71 Crore) being recovery of processing charges during the year.
12. Pursuant to Reserve Bank of India circular No.DBR.No.BP.BC.75/21.04.048/2014-15 dt 11th March, 2015, on sale offinancial assets regarding treatment of loss and profit made on sale of accounts, excess provision of earlier years of
52.75 crore has been reversed and has a consequential impact on profit during the year ended 31.03.2016
13. As per information available with the Bank, there is no outstanding dues payable by the Bank to MSME units identified by theBank, which is pending beyond the time limit prescribed under MSMED Act, 2006 and there have been no reported cases ofaccepted liability of delayed payments of principal amount or interest thereon for such parties during the year.
14. Pursuant toRBICircularNo.DBR.No.BP.BC.83/21.06.201/2015-16dated1 March2016, theBankasat31 March2016consideredtherevaluationreserveandForeignCurrencyTranslationReserveforCET1CapitalasprescribedbyRBI in thesaidCircular.
15 Previous year's figures have been regrouped / reclassified, wherever necessary, to conform to current year's figures.
`
` `
` `
`
` `
14.81 21.62
st
st st
` `
`
`
` `
` `
`
223
Lora= ys[kkijh{kd dh fjiksVZlsok esa]Hkkjr ds jk"Vªifr
geus bafM;u cSad ds rd ds layXu foÙkh; fooj.kksa dh ys[kkijh{kk dh gS] ftuesa dk rqyu&i=] ykHk&gkfu ys[kk vkSj lekIro"kZ dk udnh çokg fooj.k ,oa egRoiw.kZ ys[kkdj.k uhfr;ksa dk lkjka'k vkSj vU;Li"Vhdj.k lwpuk,¡ 'kkfey gSaA bu foÙkh; ifj.kkeksa esa gekjs }kjk ys[kk&ijhf{kr
'kk[kkvksa vkSj gekjs }kjk ys[kk ijhf{kr jktdks"kh; 'kk[kk] lkafof/kd 'kk[kkys[kk ijh{kdksa }kjk ys[kk ijhf{kr 'kk[kk,¡ ,oa LFkkuh; ys[kk ijh{kdksa }kjkys[kk ijhf{kr fons'kh 'kk[kkvksa dh foojf.k;k¡ 'kkfey dh xbZa gSaA gekjs }kjkvkSj vU; ys[kk ijh{kdksa }kjk ftu 'kk[kkvksa dh ys[kk ijh{kk dh xbZ] mudk p;ucSad us Hkkjrh; fjtoZ cSad }kjk fn'kkfunZs'kksa ds vuqlkj fd;k gSA ,slh'kk[kkvksa dh foojf.k;k¡ Hkh Mkyh xbZ gSa tks ys[kk ijh{kk ds vèkhu ugha Fkha vkSjrqyu&i= ,oa ykHk o gkfu [kkrs esa fooj.k bUgsa Hkh ntZ fd;k x;k gSA os 'kk[kk,¡ftudk ys[kk&ijh{k.k ugha gqvk muds ikl cSad ds çfr'kr vfxze fgLlk]
çfr'kr tek fgLlk] çfr'kr C;kt vk; ,oa çfr'kr C;ktO;; fglk gSA
cSafdax fofu;eu vfèkfu;e] 1949] Hkkjrh; fjtoZ cSad dh vis{kkvksa ,oa ç;ksT;Hkkjrh; lunh ys[kkdkj laLFkku ¼ÞvkbZlh,vkbZß½ }kjk tkjh ys[kkadu ekudksa dsçkoèkkuksa ds vuqlkj bu foÙkh; fooj.kksa dks rS;kj djus ds fy, çcaèku mÙkjnk;hgSA bl mÙkjnkf;Ro esa ,sls foÙkh; fooj.kksa dks rS;kj djus ls lEc) vkarfjdfu;a=.k dk fuoZgu] fMt+kbu ,oa dk;kZUo;u 'kkfey gS tks fdlh Hkh v'kq)rkfRod fooj.k] pkgs og diViw.kZ gks ;k xyrh ls gks] ls jfgr gks A
gekjs }kjk dh xbZ ys[kkijh{kk ds vkèkkj ij viuh jk; O;ä djuk gekjkmÙkjnkf;Ro gSA geus viuh ys[kkijh{kk Hkkjrh; lunh ys[kkdkj laLFkku }kjkys[kkijh{k.k ij tkjh ekudksa ds vuqlkj dh gS A bu ekudksa ds vuqlkj gelsvis{kk dh tkrh gS fd ge uSfrd vis{kkvksa dk ikyu djrs gSa vkSj viuh blys[kkijh{kk dks bl rjg vk;ksftr o fu"ikfnr djrs gSa rkfd ;g lqlaxrvkÜoklu feys fd ;s foÙkh; fooj.k rkfRod v'kqf);ksa ls eqä jgsaAys[kkijh{kk esa foÙkh; fooj.kksa esa nh xbZ jkf'k;ksa vkSj çdVhdj.kksa ls lacafèkrys[kkijh{kk lk{; çkIr djus gsrq çfØ;kvksa ij dk;Z djuk varfoZ"V gSAp;fur çfØ;k,¡ ys[kkijh{kdksa ds fu.kZ; ij fuHkZj djrha gSa] ftuesa foÙkh;fooj.kksa esa egRoiw.kZ xyr dFkuksa ds tksf[ke dk fuèkkZj.k djuk Hkh 'kkfey gS]pkgs os èkks[kkèkM+h ls gks ;k xyrh ls gksA bu tksf[keksa ds fuèkkZj.k esa]ys[kkijh{kd cSad }kjk foÙkh; foojf.k;ksa dks rS;kj djus vkSj mfpr çLrqrhdj.kij fopkj fd;k tkrk gS ftlls os ifjfLFkfr;ksa ds lehphu ys[kkijh{k.kçfØ;kvksa dks fMt+kbu dj ldsaA ysfdu bldk mís'; cSad ds vkarfjd fu;a=.kdh dkjhxjrk ij jk; O;ä djuk ugha gS A ç;qä ys[kkdj.k uhfr;ksa dkewY;kadu vkSj çcaèku }kjk yxk, x, ys[kkadu vuqekuksa dh rdZlaxrrk dslkFk&lkFk foÙkh; fooj.kksa dh lexz çLrqfr dk ewY;kadu Hkh ys[kkijh{kk esa'kkfey gSA
foÙkh; fooj.kksa lacaèkh fjiksVZ31 ekpZ] 2016
31 ekpZ] 2016
201357
3
1185
7-8625-07 7-18 24-96
foÙkh; fooj.kksa ds fy, çcaèku dk mÙkjnkf;Ro
ys[kkijh{kdksa dh ft+Eesnkjh
1.
2.
3.
4.
5.
6.
( )
( )
( )
.
.
.
9.
.
.
.
gesa foÜokl gS fd gekjs }kjk çkIr ys[kkijh{kk lk{; i;kZIr gSa vkSj gekjhys[kkijh{kk jk; ds vkèkkj gsrq mi;qä gSaA
gekjh jk; esa] cSad dh cfg;ksa esa fn[kk, x, fooj.kksa ds vuqlkj vkSj gekjh Js"Bretkudkjh rFkk gesa fn, x, Li"Vhdj.kksa ds vuqlkj %
, Hkkjr esa lkekU;r% Lohdk;Z ys[kkadu uhfr;ksa ds vuqikyu esa] fVIif.k;ksa dslkFk ifBr rqyu&i= iw.kZ vkSj lgh rqyu&i= gS ftlesa leLr vko';dtkudkjh 'kkfey gS rFkk mls bl çdkj mfpr :i ls rS;kj fd;k x;k gSfd mlesa cSad ds 31 ekpZ] 2016 ds dkedkt dk lgh ,oa okLrfod fp=çnf'kZr gksrk gSA
ch egRoiw.kZ ys[kkadu uhfr;ksa vkSj ys[kksa ij fn, x, uksV ds lkFk ifBr ykHk,oa gkfu ys[kk] doj fd, x, o"kZ ds fy, Hkkjr esa lkekU;r% Lohdk;Zys[kkadu uhfr;ksa ds vuqikyu esa ys[ks }kjk ykHk dk lgh 'ks"k n'kkZrk gSvkSj
lh udnh çokg fooj.k ml rkjh[k dks lekIr o"kZ ds fy, udnh çokgksa dkvlyh vkSj mfpr fooj.k n'kkZrk gS A
cSafdax fofu;eu vfèkfu;e] 1949 dh rhljh vuqlwph ds Q‚eZ Þ,ß vkSj Þchß esaØe'k% rqyu&i= vkSj ykHk ,oa gkfu ys[kk cuk, x, gSa A
mi;Zqä 1 ls 5 rd ds iSjkxzkQksa esa ladsfrr ys[kkijh{kk lhekvksa ds vè;èkhu vkSjcSaddkjh daiuh¼miØeksa dk vtZu vkSj varj.k½ vfèkfu;e 1970@1980 dhvis{kkuqlkj vkSj mlesa visf{kr çdVhdj.k dh lhekvksa ds vè;èkhu] ge fjiksVZdjrs gSa fd %
, geus lHkh tkudkjh o Li"Vhdj.k çkIr fd, gSa] tksfd gekjh Js"Bretkudkjh o foÜokl ds vuqlkj gekjh ys[kkijh{kk ds ç;kstukFkZ vko';dFks vkSj geus mUgsa larks"ktud ik;k A
ch cSad ds ysu&nsu tksfd gekjs le{k vk, gSa] cSad ds vfèkdkjksa ds Hkhrj gh gSaA
lh dk;kZy;ksa ,oa 'kk[kkvksa rFkk cSad ds dk;kZy;ksa ls çkIr fooj.k gekjhys[kkijh{kk ds ç;kstukFkZ i;kZIr ik, x, gSaA
ge vkxs fjiksVZ djuk pkgrs gSSsa fd]
, bl fjiksVZ esa iznf'kZr rqyu i= rFkk ykHk ,oa gkfu ys[ks cgh [kkrksa vkSjfoofj.k;ksa ds vuqlkj gSaA
ch cSafdax fofu;eu vf/kfu;e 1949 ds [kaM 29 ds v/khu 'kk[kk ys[kk ijh{kdksa}kjk 'kk[kk dk;kZy;ksa ds [kkrksa dh fjiksVZ tks ys[kk ijhf{kr fd;s gSa] dks gesaHksts fn, x, gSa vkSj geus bl fjiksVZ dks rS;kj djrs le; bls mfpr :i lstk¡p dh gSA
lh gekjh jk; esa rqyu i=] ykHk o gkfu ys[kk rFkk udnh çokg fooj.k ç;ksT;ys[kkdj.k ekudksa dk vuqikyu djrs gSaA
jk;
vU; fofèkd vkSj fofu;ked vis{kkvksa ij fjiksVZ
7.
8.
fonqj iqjhVIDUR PURI
Partner( M. No. 090163)
lk>snkj,e-la-
lk>snkj¼,e-la- ½
lh ds i`LrhC K PRUSTY
Partner
M. No 057318
vkj in~eukHku
lk>snkj¼,e-la- ½
R PADMANABHANPartner
M. No 013216
Ñrs th ckyq vlksfl;sV~lFor G BALU ASSOCIATES
lunh ys[kkdkj,Qvkj la-
Chartered Accountants
FR No.000376S
th ckylqcze.;uG BALASUBRAMANYAN
lk>snkj,e-la-
Partner
( M No. 7628)
Ñrs izdk'k pUnz tSu ,.M daiuhFor PRAKASH CHANDRA JAIN & CO
lunh ys[kkdkj,Qvkj la-
Chartered Accountants
FR No.002438C
Ikh lh uyok;kP.C. NALWAYA
Partner
( M No. 033710 )
lk>snkj,e-la-
Ñrs ,l ih iqjh ,.M daiuhFor S. P. PURI & CO.
Chartered AccountantsFR No.001152N
lunh ys[kkdkj,Qvkj la-
Ñrs lh ds i`fLV ,.M vlksfl;sV~lFor C. K. PRUSTY & ASSOCIATES
Chartered AccountantsFR No.323220
lunh ys[kkdkj,Qvkj la- E
Ñrs in~eukHku je.kh vkSj jkekuqteFor PADMANABHAN RAMANI & RAMANUJAM
Chartered AccountantsFR No.002510S
lunh ys[kkdkj,Qvkj la-
LFkku % psUuSPlace : Chennai
fnukad % Date : 11-05-2016
224
INDEPENDENT AUDITOR'S REPORTTo
1. We have audited the accompanying financial statements ofINDIAN BANK (the “Bank”) as at , whichcomprise the Balance Sheet as at and Profitand Loss Account and the Cash Flow Statement for the yearthen ended, and a summary of significant accounting policiesand other explanatory information. Incorporated in thesefinancial statements are the returns of branches and theTreasury Branch audited by us and branches audited byStatutory Branch Auditors and foreign branches audited bylocal auditors. The Branches audited by us and those auditedby other auditors have been selected by the Bank inaccordance with the guidelines issued to the Bank by theReserve Bank of India. Also incorporated in the Balance Sheetand the Profit & Loss Account are the returns frombranches which have not been subjected to audit. These un-audited branches account for per cent of advances,per cent of deposits, per cent of interest income andper cent of interest expenses.
2. Management is responsible for the preparation of thesefinancial statements in accordance with the provisions of theBanking Regulation Act, 1949, requirements of Reserve Bankof India and applicable Accounting Standards issued by theInstitute of Chartered Accountants of India (“ICAI”). Thisresponsibility includes the design, implementation andmaintenance of internal control relevant to the preparation ofthe financial statements that are free from materialmisstatement, whether due to fraud or error.
3. Our responsibility is to express an opinion on these financialstatements based on our audit. We conducted our audit inaccordance with the Standards on Auditing issued by theInstitute of Chartered Accountants of India. Those Standardsrequire that we comply with ethical requirements and plan andperform the audit to obtain reasonable assurance aboutwhether the financial statements are free from materialmisstatements.
4. An audit involves performing procedures to obtain auditevidence about the amounts and disclosures in the financialstatements. The procedures selected depend on the auditor'sjudgement, including the assessment of the risks of materialmisstatement of the financial statements, whether due to fraudor error. In making those risk assessments, the auditorconsiders internal control relevant to the Bank's preparationand fair presentation of the financial statements in order todesign audit procedures that are appropriate in thecircumstances, but not for the purposes of expressing anopinion on the effectiveness of the Bank's internal control. Anaudit also includes evaluating the appropriateness of
The Members of Indian Bank
Report on Financial Statements
March 31, 2016March 31, 2016
201357
3
1185
7.86 25.077.18 24.96
Management’s Responsibility for the Financial Statements:
Auditor’s Responsibility:
accounting policies used and the reasonableness of theaccounting estimates made by management, as well asevaluating the overall presentation of the financial statements.
5. We believe that the audit evidence we have obtained issufficient and appropriate to provide a basis for our auditopinion.
6. In our opinion, as shown by books of the Bank and to the best ofour information and according to the explanations given to us:
(a) the Balance Sheet, read with the notes thereon is a full andfair Balance Sheet containing all the necessaryparticulars, is properly drawn up so as to exhibit a true andfair view of state of affairs of the Bank as at March 31,2016, in conformity with accounting principles generallyaccepted in India;
(b) the Profit and Loss Account, read with the notes thereonshows a true balance of profit, in conformity withaccounting principles generally accepted in India, for theyear covered by the account ; and
(c) the Cash Flow Statement gives a true and fair view of thecash flows for the year ended on that date.
The Balance Sheet and the Profit and Loss Account have beendrawn up in accordance with Section 29 of Banking RegulationAct, 1949.
Subject to the limitations of the audit indicated in paragraph 1 to5 above and as required by the Banking Companies(Acquisition and Transfer of Undertakings)Act, 1970/1980, andsubject also to the limitations of disclosures required therein,we report that:
a. We have obtained all the information and explanations,which to the best of our knowledge and belief, werenecessary for the purposes of our audit and have foundthem to be satisfactory.
b. The transactions of the Bank, which have come to ournotice, have been within the powers of the Bank, and
c. The returns received from the offices and branches of theBank have been found adequate for the purposes of ouraudit.
9. We further report that
a. The Balance Sheet and Profit and Loss account dealtwith by this report are in agreement with the books ofaccount and returns;
b. The reports on the accounts of the branch offices audited bybranch auditors of the Bank under Section 29 of the BankingRegulation Act, 1949 have been sent to us and have beenproperly dealt with by us in preparing this report.
c. In our opinion, the Balance Sheet and Profit and LossAccount and Cash Flow Statement comply with theapplicable accounting standards.
Opinion
Report on Other Legal and Regulatory Requirements
7.
8.
For S. P. PURI & CO.Chartered Accountants
FR No.001152N
VIDUR PURIPartner
(M. No. 090163)
For C. K. PRUSTY & ASSOCIATESChartered Accountants
FR No.323220E
C.K. PRUSTYPartner
(M. No. 057318)
For PADMANABHAN RAMANI & RAMANUJAMChartered Accountants
FR No.002510S
R. PADMANABHANPartner
(M. No. 013216 )
For G. BALU ASSOCIATESChartered Accountants
FR No.000376S
G. BALASUBRAMANYANPartner
(M No. 7628 )
For PRAKASH CHANDRA JAIN & COChartered Accountants
FR No.002438C
P.C. NALWAYAPartner
(M No. 033710 )
Place : ChennaiDate : 11.05.2016
225
This page is intentionally left blank
226
bl i`"B dks tkucw>dj fjä j[kk x;k gSA
CONSOLIDATED BALANCE SHEET,
PROFIT AND LOSS ACCOUNT AND SCHEDULES
lesfdr rqyu i=ykHk ,oa gkfu ys[kk vkSj vuqqlwfp;k¡
lesfdr rqyu i=ykHk ,oa gkfu ys[kk vkSj vuqqlwfp;k¡
227
CONSOLIDATED BALANCE SHEET AS ON MARCH 31, 2016
iw¡th o ns;rk,a
dqy
CAPITAL & LIABILITIES
TOTAL
ASSETS
TOTAL
Contingent Liabilities
Bills for Collection -
iwath
vkjf{kfr;ka vkSj vf/k'ks"k
vYila[;d fgr
tek,a
m/kkj
vU; ns;rk,a vkSj izko/kku
dqy
vkfLr;ka
fuos'k
vfxze
vpy vkfLr;ka
vU; vkfLr;ka
Capital 1
Reserves and Surplus 2
Minority Interest 2A
Deposits 3
Borrowings 4
Other Liabilities & Provisions 5
Cash & Balances with Reserve Bank of India 6
Balances with Banks and Money at Call and Short Notice 7
Investments 8
Advances 9
FixedAssets 10
OtherAssets 11
12
480.29 480.29
16009.54 14548.67
17.25 16.27
178258.92 169204.18
3509.32 2646.09
5665.77 6140.22
9174.46 8301.13
2825.16 4780.71
53282.93 46060.45
129055.44 125870.20
3515.61 2973.80
6087.50 5049.43
203941.09 193035.72
203941.09 193035.72
29775.78 38060.51
3150.61 2990.96
udnh vkSj Hkkjrh; fjt+oZ cSad ds lkFk 'ks"k
cSadksa ds lkFk 'ks"k vkSj ekax ij rFkk vYi lwpuk ij izkI; /kujkf'k;k¡
vkdfLed ns;rk,a
olwyh ds fy, fcy
iw¡th o ns;rk,a
dqy
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dksSchedule
( in Crore)`
( )` djksMksa esa
fooj.k PARTICULARSfooj.k
31 ekpZ 2016 dks lesfdr rqyu i=
vuqlwph
egRoiw.kZ ys[kkdj.k uhfr;kays[kksa ij fVIif.k;k¡Åij mfYyf[kr vuqqlwfp;k¡] rqyu i= ds vafHkUu vax gSa
SignificantAccounting Policies 17
Notes onAccounts 18
Schedules referred to above form an integral part of the Balance Sheet
funs'kd DIRECTORS
ch ih fot;sUnz B P VIJAYAENDRA DEEPAK D SAMANTnhid Mh lkearih osadV Ñ".k jko P VENKATA KRISHNA RAOih osadV Ñ".k jkoin~eukHku foV~By nkl fouksn dqekj ukxj Jhjke jkepUnzuVINOD KUMAR NAGARPADMANABAN VITTAL DASS SRIRAM RAMACHANDRAN
lkafof/kd dsUnzh; ys[kk ijh{kd STATUTORY CENTRAL AUDITORSlkafof/kd dsUnzh; ys[kk ijh{kd
Ñrs ,l ih iqjh ,.M daiuh
lunh ys[kkdkj,Qvkj la-
For S.P. PURI & CO.
Chartered Accountants
FR No.001152N
fonqj iqjh
lk>snkj¼,e-la- ½
VIDUR PURIPartner
M. No 090163lk>snkj
¼,e-la- ½
lh ds i`LrhC K PRUSTY
Partner
M. No 057318
vkj in~eukHku
lk>snkj¼,e-la- ½
R PADMANABHANPartner
M. No 013216
Ñrs th ckyq vlksfl;sV~lFor G BALU ASSOCIATES
lunh ys[kkdkj,Qvkj la-
Chartered Accountants
FR No.000376S
th ckylqcze.;u
¼,e-la- ½
G BALASUBRAMANYAN
lk>snkj Partner
M. No 7628
Ñrs izdk'k pUnz tSu ,.M daiuhFor PRAKASH CHANDRA JAIN & CO
lunh ys[kkdkj,Qvkj la-
Chartered Accountants
FR No.002438C
Ikh lh uyok;k
¼,e-la- ½
P C NALWAYA
lk>snkj Partner
M. No 033710LFkku % psUuSPlace : Chennai
fnukad % Date : 11-05-2016
Ñrs in~eukHku je.kh vkSj jkekuqte
lunh ys[kkdkj,Qvkj la-
For PADMANABHAN RAMANI & RAMANUJAMChartered Accountants
FR No.002510S
Ñrs lh ds i`fLV ,.M vlksfl;sV~l
lunh ys[kkdkj,Qvkj la-
For C. K. PRUSTY & ASSOCIATESChartered Accountants
FR No.323220E
Vh lh osadV lqczef.k;u
xSj&dk;Zikyd v/;{kT C VENKAT SUBRAMANIAN
NON EXECUTIVE CHAIRMAN
egs'k dqekj tSu
çcaèk funs'kd ,oa eq[; dk;Zikyd vfèkdkjhMAHESH KUMAR JAIN
MANAGING DIRECTOR & CEO
oh- ,- Á'kkar
ÁcaËkdV A PRASANTH
egkGENERAL MANAGER
, ,l jkthoA S RAJEEVdk;Zikyd funs'kd
EXECUTIVE DIRECTOR
vkj lqczef.k; dqekjR SUBRAMANIA KUMAR
dk;Zikyd funs'kdEXECUTIVE DIRECTOR
As per our report of even date attached
228
LFkku % psUuSPlace : Chennai
fnukad % Date : 11-05-2016
CONSOLIDATED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2016
I. INCOME
TOTAL 18033.21 17225.56
II. EXPENDITURE
TOTAL 17318.68 16212.11III.
751.28 1048.76
Total Net Profit 998.88 1250.62IV. APPROPRIATIONS
Transfer to :
TotalAppropriations 998.88 1250.62
vftZr C;ktvU; vk;
O;; fd;k x;k C;ktifjpkyuxr O;;izko/kku ,oa vkdfLedrk;sa
lkafof/kd izkjf{kr fuf/kiw¡th fjt+oZvkbZVh vf/kfu;e dh /kkjk dss varxZr fo'ks"k fjt+oZZ
jktLo fjt+oZLVkQ dY;k.k fuf/kizLrkfor bZfDoVh ykHkka'kizLrkfor vf/kekU; ykHkka'kykHkka'k forj.k djlesfdr rqyu i= dks ys tk;k x;k vf/k'ks"k
dqy fofu;kstuizfr 'ks;j vtZu ¼ewy ,oa de fd;k x;k½
vk; %
dqqyO;;
dqyo"kZ ds fy, lewg ls lacaf/kr lesfdr fuoy ykHk @ ¼gkfu½
lg;ksfx;ksa esa dekbZ dh fgLlsnkjhvYi la[;d fgr
vxzkuhr ykHk@¼gkfu½dqy fuoy ykHkfofu;kstufuEufyf[kr dks varfjr %
Interest earned 13 16244.27 15853.35Other Income 14 1788.94 1372.21
Interest expended 15 11795.38 11389.77Operating expenses 16 3202.13 2825.39
Provisions & Contingencies - 2321.18 1996.95
Consolidated Profit/(loss) for the year attributable to the group 714.51 1013.46Share of earnings inAssociates 37.73 37.06
Minority Interest -0.97 -1.75
Profit/(Loss) brought forward 247.61 201.86
Statutory Reserves 177.85 251.50Capital Reserves- Others 22.48 ——
Spl.Reserve u/s 36(1)(viii) of I T Act 28.02 43.50
Revenue Reserves 375.00 445.00Staff Welfare Fund 20.00 20.00
Proposed Equity Dividend 72.04 201.72Proposed Preference Dividend 0.00 0.00
Dividend Distribution Tax 14.67 41.29
Balance carried over to consolidated Balance Sheet 288.83 247.61
Earnings per Share in Rs. (Basic & diluted) 18 15.64 21.62
-36(1)(viii)
Investment Reserve - -
SignificantAccounting Policies 17Notes onAccounts 18
Schedules referred to above form an integral part of the Balance Sheet
vU;
fuos'k fjt+oZ
egRoiw.kZ ys[kkdj.k uhfr;kays[kksa ij fVIif.k;kÅij mfYyf[kr vuqqlwfp;k¡] rqyu i= ds vafHkUu vax gSa
vk; %
dqqyO;;
dqyo"kZ ds fy, lewg ls lacaf/kr lesfdr fuoy ykHk @ ¼gkfu½
lg;ksfx;ksa esa dekbZ dh fgLlsnkjhvYi la[;d fgr
vxzkuhr ykHk@¼gkfu½dqy fuoy ykHkfofu;kstufuEufyf[kr dks varfjr %
Y E 31.03.2016 Y E 31.03.2015Schedule No.
31 ekpZ 2016 dks lekIr o"kZ ds fy, lesfdr ykHk o gkfu ys[kk
fooj.k PARTICULARSfooj.kvuqlwph la- 31.03.2016 dksdks 31.03.2015 dks
( in Crore)`
( )` djksMksa esa
Ñrs in~eukHku je.kh vkSj jkekuqte
lunh ys[kkdkj,Qvkj la-
For PADMANABHAN RAMANI & RAMANUJAMChartered Accountants
FR No.002510S
funs'kd DIRECTORS
ch ih fot;sUnz nhid Mh lkearB P VIJAYAENDRA P VENKATA KRISHNA RAO DEEPAK D SAMANTih osadV Ñ".k jkoin~eukHku foV~By nkl fouksn dqekj ukxj Jhjke jkepUnzuPADMANABAN VITTAL DASS VINOD KUMAR NAGAR SRIRAM RAMACHANDRAN
lkafof/kd dsUnzh; ys[kk ijh{kd STATUTORY CENTRAL AUDITORSlkafof/kd dsUnzh; ys[kk ijh{kd
Ñrs ,l ih iqjh ,.M daiuh
lunh ys[kkdkj,Qvkj la-
For S.P. PURI & CO.
Chartered Accountants
FR No.001152N
fonqj iqjh
lk>snkj¼,e-la- ½
VIDUR PURIPartner
M. No 090163lk>snkj
¼,e-la- ½
lh ds i`LrhC K PRUSTY
Partner
M. No 057318
Ñrs lh ds i`fLV ,.M vlksfl;sV~l
lunh ys[kkdkj,Qvkj la-
For C. K. PRUSTY & ASSOCIATESChartered Accountants
FR No.323220E
vkj in~eukHku
lk>snkj¼,e-la- ½
R PADMANABHANPartner
M. No 013216
Ñrs th ckyq vlksfl;sV~lFor G BALU ASSOCIATES
lunh ys[kkdkj,Qvkj la-
Chartered Accountants
FR No.000376S
th ckylqcze.;u
¼,e-la- ½
G BALASUBRAMANYAN
lk>snkj Partner
M. No 7628
Ñrs izdk'k pUnz tSu ,.M daiuhFor PRAKASH CHANDRA JAIN & CO
lunh ys[kkdkj,Qvkj la-
Chartered Accountants
FR No.002438C
Ikh lh uyok;k
¼,e-la- ½
P C NALWAYA
lk>snkj Partner
M. No 033710
Vh lh osadV lqczef.k;u
xSj&dk;Zikyd v/;{kT C VENKAT SUBRAMANIAN
NON EXECUTIVE CHAIRMAN
egs'k dqekj tSu
çcaèk funs'kd ,oa eq[; dk;Zikyd vfèkdkjhMAHESH KUMAR JAIN
MANAGING DIRECTOR & CEO
oh- ,- Á'kkar
ÁcaËkdV A PRASANTH
egkGENERAL MANAGER
, ,l jkthoA S RAJEEVdk;Zikyd funs'kd
EXECUTIVE DIRECTOR
vkj lqczef.k; dqekjR SUBRAMANIA KUMAR
dk;Zikyd funs'kdEXECUTIVE DIRECTOR
As per our report of even date attached
229
SCHEDULE 1 - CAPITAL
I. Authorised Capital
II. Issued, Subscribed and Paid up:
Total 480.29 480.29
izkf/kÑr iw¡th
tkjh] vfHknRr vkSj vnk dh xbZ iwath
dqy
300,00,00,000 Equity Shares of Rs.10/- each 3000.00 3000.00
4,00,00,000 Perpetual Non-Cumulative Preference Shares of Rs.100/- each 0.00 0.00
a. 39,43,41,651 (including 1,54,43,163 Equity shares
issued upon conversion of
Equity shares of Rs.10/- each
(P.Y.-37,88,98,488 Equity shares of Rs. 10/- each) 394.34 394.34
b. 8,59,50,000 Equity shares of Rs.10/- each held by Public 85.95 85.95
izR;sd 10@& ds 300]00]00]000 bZfDoVh 'ks;j
izR;sd 100@& ds 4]00]00]000 LFkk;h xSj⪅h vf/kekU; 'ks;j
,-
ch- turk }kjk j[ks x, izR;sd 10@& ds 8]59]50]000 bZfDoVh 'ks;j
`
`
`
Hkkjr ljdkj }kjk j[ks x, izR;sd #i, 10@& ds 39]43]41]651 bZfDoVh 'ks;j
¼ftlesa o"kZ ds nkSjku ih,ulhih,l ds vf/kekU; vk/kkj ij ifjofrZr fd, tkus ij tkjh
1]54]43]163 bZfDoVh 'ks;j 'kkfey gSa½
¼fiNys o"kZ & #i, 10@& izR;sd ds 37]88]98]488 bZfDoVh 'ks;j 'kkfey gS½
PNCPS on preferential basis)
held by Government of India
izkf/kÑr iw¡th
tkjh] vfHknRr vkSj vnk dh xbZ iwath
dqy
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
vuqlwph 1 & iw¡th
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
SCHEDULE 2 - RESERVES AND SURPLUS
lkafof/kd vkjf{kfr;ka
iw¡thxr vkjf{kfr;ka & iquewZY;kadu
iw¡thxr vkjf{kfr;ka & vU;
'ks;j izhfe;e
fuos'k fjt+oZ
jktLo vkSj vU; izkjf{kr fuf/k;k¡
vk;dj vf/kfu;e 36¼1½ ¼ ½ ds varxZr fo'ks"k fjtoZ
vk;dj vf/kfu;e 36¼1½ ¼ ½ ds varxZr fo'ks"k fjtoZ
ykHk ,oa gkfu [kkrk
dqy
Statutory Reserves 3759.11 3581.26
Capital Reserves-Revaluation 2781.43 2275.52
Capital Reserve -Others 117.82 95.35
Share Premium 1325.67 1325.67
Investment Reserve 39.92 39.92
Revenue and other Reserves 6696.11 6064.42
626.52 598.50
58.20 58.20
Foreign Currency Translation Reserve 315.94 262.22
Profit & Loss account 288.83 247.61
viii
viii
Spl. Reserve u/s 36(1)(viii) of Income Tax Act
Spl. Reserve u/s 36(1)(viii a) of Income Tax Act,
fons'kh eqnzk ysunsu fjtoZ
Total 16009.55 14548.67
As on 31.03.2016
31.03.2016 dks
As on 31.03.2015
31.03.2015 dks
vuqlwph 2 & izkjf{kr fuf/k o vf/k'ks"k
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
SCHEDULE 2A - MINORITY INTEREST
ewy m|e & vuq"kaxh dk laca/k mn~Hko gksus dh rkjh[k ij vYi la[;d fgr
ijorhZ o`f) @ ?kVkorqyu i= dh rkjh[k ij vYi laa[;d fgr
Minority interest on the date on which the parent-subsidiaryrelationship came into existence 3.27 3.27
Subsequent increase/decrease 13.98 13.00Minority interest on the date of balance sheet 17.25 16.27
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
vuqlwph 2, & vYila[;d fgr
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
230
SCHEDULE 3 - DEPOSITS
¼,½ ekax tekjkf'k;ka
cSadksa ls
¼ch½ Hkkjr esa 'kk[kkvksa dh tek,a
Hkkjr ds ckgj 'kk[kkvksa dh tek,a
I.
(i)
A.I. Demand Deposits
(i) From Banks 132.43
B. (i) Deposits of branches in India 172624.76 161836.45
(ii) (ii) Deposits of branches outside India 5634.16 7367.73
(i)
dqy ch ( ii) Total B (i & ii) 178258.92 169204.18i
209.76
(ii) From others 9144.98 8257.37
II. Savings Bank Deposits 46481.77 40224.82
III. Term Deposits
(i) From Banks 2403.83 4922.80
(ii) From others 120095.90 115589.42
(ii)
II.
III.
(i)
(ii)
vU;ksa ls
cpr cSad tekjkf'k;k¡
Lkkof/k tekjkf'k;ka¡
cSadksa ls
vU;ksa ls
dqy (I, II III) Total A (I,II & III) 178258.92 169204.18vkSj
vkSj
dqy
dqy ch
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
vuqlwph 3 & tek,¡
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
SCHEDULE 4 - BORROWINGS
I.
II.
I II
Hkkjr esa m/kkj
Hkkjrh; fjt+oZ cSad
vU; cSad
vU; laLFkk,a vkSj vfHkdj.k
Hkkjr ds ckgj m/kkj
Åij vkSj esa 'kkfey izfrHkwr m/kkj
I. Borrowings in India
(i) (I) RBI 0.00 0.00
(ii) (ii) Other Banks 0.01 656.70
(iii) (iii)Other Institutions and Agencies 1500.09 1832.90
II.Borrowings outside India 2009.21 156.50
Secured borrowings included in I & II above NIL NIL
dqy (i ii) (i & ii)Total 3509.32 2646.09vkSjdqy
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
vuqlwph 4 & m/kkj
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
SCHEDULE 5 - OTHER LIABILITIES AND PROVISIONS
I. I. Bills Payable 690.12 840.47
II. II. Inter-Office adjustments(net) 120.20 0.00
III. III. Interest Accrued 817.23 889.60
IV. IV. Others(including provisions) 4038.22 4410.15
ns; fcy
varj dk;kZy; lek;kstu ¼fuoy½
mifpr C;kt
vU; ¼izko/kkuksa lfgr½
dqy Total 5665.77 6140.22
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
vuqlwph 5 & vU; ns;rk,¡ vkSj izko/kku
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
SCHEDULE 6 - CASH AND BALANCES WITH RESERVE BANK OF INDIA
I.
I. Cash in hand (including foreign currency notes) 537.14 401.08
II.
II.Balances with Reserve Bank of India - in Current Account 8637.32 7900.05
gkFk esa udnh ¼fons'kh eqnzk uksVksa lfgr½
Hkkjrh; fjt+oZ cSad esa 'ks"k & pkyw [kkrs esa
dqy (I & II) Total (I & II) 9174.46 8301.13
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
vuqlwph 6 Hkkjrh; fjt+oZ cSad ds lkFk udnh vkSj 'ks"k
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
231
SCHEDULE 7 - BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE
I.
(i)
(ii)
II.
(i)
(ii)
(iii)
Hkkjr esa
cSadksa esa 'ks"k
¼,½ pkyw [kkrksa esa
¼ch½ vU; tek [kkrksa esa
ekax ij rFkk vYi lwpuk ij /kujkf'k
¼,½ cSadksa esa
Hkkjr ds ckgj
pkyw [kkrs esa
vU; tek [kkrksa esa
ek¡x vkSj vYi lwpuk ij izfrns; jkf'k
I. In India
(i) Balances with Banks
(a) in Current Accounts 10.63 20.61
(b) in Other Deposit Accounts 275.93 276.16
(ii) Money at call and short notice
(a) with Banks 0.00 376.60
II. Outside India
(i) in Current Account 258.26 1382.02
(ii) in Other Deposit Accounts 2274.04 2713.00
(iii) Money at call and short notice 6.29 12.32
II
dqy
dqy
dqy ;ksx
I ii Total I (i & ii) 286.56 673.37
Total II 2538.60 4107.34
Grand Total 2825.16 4780.71
¼ ½i
i ii (i & ii)¼ ½
vkSj
vkSj
dqy
dqy
dqy ;ksx
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
vuqlwph 7 & cSadksa esa 'ks"k vkSj ek¡x ij rFkk vYi lwpuk ij jkf'k
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
SCHEDULE 8 - INVESTMENT
I. I. INVESTMENTS IN INDIA
Gross Investments
Less Provsion for Depreciation & NPI
I. i) Government Securities
ii. ii) Other approved Securities
iii. iii) Shares
iv. iv) Debentures and bonds
v. v) Investment in Associates
vi. vi) Others
II.
Gross Investments
Less Provsion for Depreciation & NPI
i.
I) Government Securities (including local authorities)
ii) ii) Investment in Associates
iii) iii) Other investment (to be specified)
(a) Shares
(b) Debt Securities
Hkkjr esa fuos'k
ldy fuos'k
?kVk,¡ % ewY;gªkl ,oa ,uihvkbZ gsrq izko/kku
ljdkjh izfrHkwfr;ka
vU; vuqeksfnr izfrHkwfr;ka
'ks;j
fMcsapj vkSj ck¡M
lg;ksxh laLFkkvksa esa fuos'k
vU;
ljdkjh izfrHkwfr;k¡ ¼LFkkuh; izkf/kdkjh lfgr½
lg;ksxh laLFkkvksa esa fuos'k
vU; fuos'k ¼fofufnZ"V djuk gSS½
, 'ks;j
ch _.k izfrHkwfr;k¡
dqy %
Hkkjr ds ckgj fuos'k
dqy
TOTAL
II. INVESTMENT OUTSIDE INDIA
TOTAL
(I II) NET GRAND TOTAL (I & II)
ldy fuos'k
?kVk,¡ % ewY;gªkl ,oa ,uihvkbZ gsrq izko/kku
fuoy dqy ;ksx o
50960.25 44683.45
251.97 833.61
39511.73 38609.48
36.27 36.27
389.03 422.06
7765.39 4185.08
235.70 195.83
2770.16 401.12
2669.67 2299.83
95.02 89.22
2570.37 2206.38
0.00 0.00
1.39 1.26
2.89 2.98
50708.29 43849.84
50708.29 43849.84
2574.65 2210.61
2574.65 2210.61
53282.93 46060.45
dqy %
Hkkjr ds ckgj fuos'k
dqy
fuoy dqy ;ksx o
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
vuqlwph 8 & fuos'k
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
232
,- Ø; fd, x, fcyudn m/kkj] vkosj Mªk¶+V vkSj ekax ij ns; m/kkj
Lkkof/k m/kkjvU;
ch- ewrZ vkfLr;ksa }kjk izfrHkwr ¼blesa cgh _.kksa ij vfxze 'kkfey gSa½
cSad@ljdkj xkjafV;ksa }kjk lajf{krvizfrHkwr
lh- Hkkjr esa vfxzeizkFkfedrk {ks=lkoZtfud {ks=cSadvU;
lh Hkkjr ds ckgj vfxzecSadksa ls ns;vU;ksa ls ns;
¼d½¼[k½ lkewfgd _.k¼x½ vU;
i) A. (i) Bills Purchased and discounted 1473.11 2580.07
(ii) Cash credits, overdrafts and loans repayable on demand 66024.63 55825.51
(iii) (iii)Term Loans 61557.45 67464.38
(iv) (iv) Others 0.24 0.24
i)
B. (i) Secured by tangible assets(includes advances against book debts) 103254.61 100662.81
(ii) (ii) Covered by Bank / Government Guarantees 6296.84 7620.90
(iii) (iii) Unsecured 19503.98 17586.49
I C. I. Advances in India
(I) (i) Priority Sector 46490.64 46106.19
(ii) (ii) Public Sector 21927.01 18681.90
(iii) (iii) Banks 0.00 0.00
(iv) (iv) Others 55468.28 55417.96
C. II.Advances outside India
(i) (i) Due from Banks 665.99 593.50
(ii) (ii)Due from Others
(a) Bills Purchased & discounted 1031.55 1626.48
(b) Syndicated Loans 1374.84 1683.65
(c) Others 2097.12 1760.51
,oa cêk—r
Ø; fd, x, ,oa cêk—r fcy
(ii)
(II)
dqy ¼,½
dqy ¼ch½
dqy ¼lh&
Total (A) 129055.44 125870.20
Total (B) 129055.44 125870.20
I) Total (C-I) 123885.93 120206.05
Total (C-II) 5169.51 5664.14
Total (C-I+CII) 129055.44 125870.20
dqy ¼lh & ½dqy ;ksx ¼lh $ lh ½
II
I II
SCHEDULE 9 - ADVANCES
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
vuqlwph 9 & vfxze
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
SCHEDULE 10 - FIXED ASSETS
ifjljiwoZorhZ rqyu&i=kuqlkj ykxr@iqueZwY;kadu ijo"kZ ds nkSjku tksM@lek;kstuo"kZ ds nkSjku ?kVkomDr rkjh[k rd ewY;gªklfuoy ewY;,- fuekZ.kk/khu ifjljvU; vpy vkfLr;ka ¼Q+fuZpj@fQ+Dlpj lfgr½
iwoZorhZ o"kZ ds rqyu i= ds vuqlkj ykxr ijo"kZ ds nkSjku tksM+o"kZ ds nkSjku ?kVkomDr rkjh[k rd ewY;gªklfuoy ewY;¼,½ iV~Vkd`r vkfLr;k¡
iwoZorhZ rqyu i= ds vuqlkj ykxr ijo"kZ ds nkSjku tksM+izko/kku dks lfEefyr djrs gq, o"kZ ds nkSjku ?kVkomDRk rkjh[k rd ewY;gªklfuoy ewY;
I. Premises
At cost/revaluation as per last Balance Sheet 2846.40 2846.05
Additions / adjustments during the year 587.47 0.35
Deductions during the year 0.43 0.00
Depreciation to date 470.43 388.23
Net Value
I IA.Premises under Construction
At cost as per last Balance Sheet 1416.56 1248.01
Additions during the year 192.71 240.75
Deductions during the year 51.58 72.20
Depreciation to date 1012.99 906.17
Net Value
II IIA.Leased Assets
At cost as per last Balance Sheet 17.39 19.79
Additions during the year 0.00 0.00
Deductions during the year including provisions 0.00 2.40
Depreciation to date 17.39 17.39
Net Value
2963.00 2458.17
7.90 5.24
544.70 510.39
0.00 0.00
Total (I,IA,II,&IIA) 3515.61 2973.80
II. II. Other Fixed Assets(including furniture & fixtures)
dqy % ¼ ] ¼,½] o ¼,½I I II IIdqy % ¼ ] ¼,½] o ¼,½I I II II
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
vuqlwph 10 & LFkkbZ vkfLr;ka¡
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
233
SCHEDULE 11 - OTHER ASSETS
I. I. Inter Office Adjustment (net) 0.00 189.60
II. Interest accrued 989.04 891.84
III.
III. Tax paid in advance/tax deducted at source 2686.19 2249.24
IV. Stationery and stamps 16.49 16.34
V.
V. Non-banking assets acquired in satisfaction of claims 20.26 20.26
VI. Deferred Tax assets (Net) 4.22 191.27
VI.Others 2371.31 1490.88
varj dk;kZy; lek;kstu ¼fuoy½
mifpr C;kt
vfxze :i ls iznRr dj @ lzksr ij dkVk x;k dj
ys[ku lkexzh ,oa LVkai
nkoksa dh larqf"V ls izkIr dh x;h x+Sj cSaddkjh vkfLr;k¡
vkLFkfxr dj vkfLr;k¡
vU;
dqy Total 6087.50 5049.43dqy
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
vuqlwph 11 & vU; vkfLr;k¡
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
SCHEDULE 12 - CONTINGENT LIABILITIES
I.
II.
III.
IV.
cSad ds fo#) nkos ftUgsa _.k ds :i esa Lohdkj ugha fd;k x;k gS
vaa'kr% iznRr fuos'kksa ds fy, nkf;Ro
Ckdk;k ok;nk fofue; lafonkvksa ds ckcr nkf;Ro
Lak?kVdksa dh vksj ls nh xbZ xkjafV;ka
,- Hkkjr esa
ch- Hkkjr ds ckgj
Lohd`fr;ka] i`"Bkadu vkSj vU; nkf;Ro
vU; ensa ftuds fy, cSad vkdfLed :i ls mRrjnk;h gS
I. Claims against the Bank not acknowledged as debts (Net) 647.24 650.89
II. Liability for partly paid Investments 8.26 25.06
III. Liability on account of outstanding forward exchange contracts 11587.06 22565.65
IV. Guarantees given on behalf of constituents
(a)In India 9536.82 9803.33
(b)Outside India 17.91 60.92
V.
V. Acceptances, endorsements and other obligations 5186.49 2949.20
VI.
VI.Other items for which the bank is contingently liable 2792.01 2005.45
dqy Total 29775.78 38060.51
¼fuoy½
dqy
As on 31.03.2016
31.03.2016 dksAs on 31.03.2015
31.03.2015 dks
vuqlwph 12 & vkdfLed ns;rk,¡
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
SCHEDULE 13 - INTEREST EARNED
I.
II.
IV.
vfxzeksa @ fcyksa ij C;kt @cV~Vk
fuos'kksasa ij vk;
Hkkjrh; fjt+oZ cSad ds ikl vfr'ks"k vkSj vU; varj cSad fuf/k;ksa ij C;kt
vU;
I. Interest/discount on advances/bills 11924.44 12074.88
II. Income on Investments 4153.50 3622.90
III.
III. Interest on balances with Reserve Bank of India and other inter-bank funds 145.98 155.57
IV. Others 20.34 0.00
dqy Total 16244.27 15853.35dqy
Y E 31.03.2016
31.03.2016 dksY E 31.03.2015
31.03.2015 dks
vuqlwph 13 & vftZr C;kt
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
234
SCHEDULE 14 - OTHER INCOME
I. I. Commission , exchange and brokerage 287.54 269.90
II. II. Profit on sale of Investments (net) 306.96 206.61
III. III Profit on Revaluation of Investments (net) 0.00 0.00
IV. Profit on sale of land, buildings and other assets (Net) -1.90 -1.54
V. V. Profit on exchange transactions (net) 297.31 246.15
VI. a) Lease finance / Hire Purchase inome 0.12 0.21
b) Income earned by way of dividends etc. from companiesand/ or joint ventures abroad/ in India 18.08 11.78
VII. VII. Miscellaneous Income 880.81 639.10
deh'ku] fofue; vkSj nykyh
fuos'kksa ds foØ; ij ykHk ¼fuoy½
fuos'kksa dss iqueZwY;kadu ij ykHk ¼fuoy½
Hkwfe] Hkou vkSj vU; vkfLr;ksa ds foØ; ij ykHk ¼fuoy½
fofue; laO;ogkjksa ij ykHk ¼fuoy½
iV~Vk&foRr @ fdjk;k [kjhn ls vk;
ch½ fons'k @ Hkkjr esa vuq"kafx;ksa @ daaifu;ksa rFkk @ ;k lg m|eksa ls ykHkka'k vkfn ds t+fj, vftZr vk;
fofo/k vk;
dqy
IV.
VI. ),
Total 1788.94 1372.21
Y E 31.03.2016
31.03.2016 dksY E 31.03.2015
31.03.2015 dks
vuqlwph 14 & vU; vk;
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
SCHEDULE 15 - INTEREST EXPENDED
I. I. Interest on deposits 11545.10 11209.24
II. Interest on Reserve Bank of India/inter-bank borrowings 235.21 171.57
III. Others 15.07 8.96
tekvksa ij C;kt
Hkkjrh; fjt+oZ cSad @ varj cSad m/kkjksa ij C;kt
vU;
dqy Total 11795.38 11389.77dqy
Y E 31.03.2016
31.03.2016 dksY E 31.03.2015
31.03.2015 dks
vuqlwph 15 & O;; fd;k x;k C;kt
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
SCHEDULE 16 - OPERATING EXPENSES
I.
II.
III.
IV.
V.
VI.
VII.
VIII.
IX.
X.
XI.
XII.
I. Payments to and provisions for employees 2010.26 1746.25
II. Rent, taxes and lighting 265.09 239.19
III. Printing and stationery 28.55 27.90
IV. Advertisement and publicity 8.15 8.76
V. (a) Depreciation on Bank's property other than Leased Assets 151.19 138.82
(b) Depreciation on Leased Assets 0.12 0.16
VI. Directors' fees, allowances and expenses 0.87 0.71
VII. Auditors' fees and expenses (including branch auditors' fees and expenses) 26.50 24.15
VIII. Law charges 9.26 9.75
IX. Postage, telegrams, telephones, etc. 24.89 21.68
X. Repairs and maintenance 73.06 68.60
XI. Insurance 162.48 141.48
XII. Other expenditure 441.70 397.94
deZZpkfj;ksa dks Hkqxrku vkSj muds fy, izko/kku
fdjk;k] dj vkSj jks'kuh
eqnz.k vkSj ys[ku lkexzh
foKkiu vkSj izpkj
,½ iV~Vkd`r vkfLr;ksa ls vU; cSad dh laifRr;ksa ij ewY;gªkl
ch½ iV~Vkd`r vkfLr;ksa ij ewY;gªkl
funs'kdksa dh Qhl] HkRrs vkSj O;;
ys[kk ijh{kdksa dh Qhl vkSj O;; ¼'kk[kk ys[kk ijh{kdksa dh Qhl vkSj O;; lfgr½
fof/k izHkkj
Mkd] rkj vkSj VsyhQksu vkfn
ejEer vkSj vuqj{k.k
chek
vU; O;;
dqqy Total 3202.13 2825.39dqqy
Y E 31.03.2016
31.03.2016 dksY E 31.03.2015
31.03.2015 dks
vuqlwph 16 & izpkyu O;;
fooj.k PARTICULARSfooj.k
( in Crore)`
( )` djksMksa esa
235
1.
2
3.
ys[kkadu izFkk %
çkDdyu dk ç;ksx
lesdu dh izfØz;k %
foRrh; fooj.kksa dks vU;Fkk u crk;s tkus ij ,sfrgkfld ykxr izFkk ij
fØ;k'khy laLFkk ladYiuk dk vuqikyu djrs gq, rS;kj fd;k tkrk gSA ;g
Hkkjr esa izpfyr lkafof/kd fl)karksa ds vuq:i gS ftlesa lkafof/kd Áko/kku]
fofu;ked@Hkkjrh; fjtoZ cSad ds fn'kkfunsZ'k] Hkkjrh; lunh ys[kkdkj laLFkku
}kjk tkjh ys[kk ekudksa@ekxZn'kZu uksV~l vkSj Hkkjr ds cSafdax m|ksx esa Ápfyr
ÁFkk,a 'kkfey gSaA fons'kh 'kk[kkvksa ds laca/k esa lacaf/kr ns'kksa esa izpfyr lkafof/kd
izko/kkuksa ds vuq:i gSA
foÙkh; fooj.kksa dh rS;kjh ds fy,] fjiksfVZax vofèk gsrq foÙkh; foojf.k;ksa dh
rkjh[k ij ntZ vkfLr;ksa ,oa ns;rkvksa ¼vkdfLed ns;rkvksa lfgr½ rFkk vk; ,oa
O;; ij fopkj djus gsrq çcaèku dks çkDdyu rS;kj djus vkSj iwokZuqeku djus
dh vko';drk gksrh gSA çcaèku] ;g foÜokl j[krk gS fd foÙkh; foojf.k;ksa dh
rS;kjh esa bLrseky fd;s x;s çkDdyu foosdh vkSj mfpr gSaA
, cSad ds ¼ewy laLFkk ,oa mldh vuq"kafx;ka½ lesfdr foRrh; fooj.k]
bafM;u cSad ¼ewy laLFkk½ vkSj mldh vuq"kafx;ka] ;Fkk ¼1½ baM cSad
gkmflax fyfeVsM ¼2½ baM cSad epsaZV cSafdax lfoZlst+ fyfeVsM] ds
ys[kk ijhf{kr foRrh; fooj.kksa ds vk/kkj ij] varj lewg ysunsuksa dks
,oa izkIr u fd, x, ykHk @gkfu;ksa dks NksM+us ds ckn ;Fkko';d
lek;kstu djds rS;kj fd;s x;s gSaA ewy laLFkk dh fjiksfVaZx rkjh[k
rd vuq"kafx;ksa ds foRrh; fooj.k Hkh cuk, x, gSaA
ch vuq"kafx;ka vkSj lg;ksxh laLFkk,a] lacaf/kr fofu;ked izkf/kdkfj;ksa
}kjk fu/kkZfjr ,oa lkafof/kd vis{kkvksa ds vuqlkj ys[kkdj.k uhfr;ksa
dk vuqikyu djrh gSaA vuqikyukFkZ visf{kr ,slh fofHkUu ys[kkdj.k
uhfr;ksa ds en~~nsutj] vf/kns'k@lkafof/kd vis{kkvksa ds vuq:i
lacaf/kr ys[kkdj.k uhfr;ksa dks viukrs gq, lesfdr foRrh; fooj.k
rS;kj fd, x, gSaA
lh ewy laLFkk dks vkuq"kafxd laLFkk esa fuos'k ds fy, gqbZ ykxr vkSj
vtZu dh rkjh[k dks vuq"kaxh laLFkk esa ewy laLFkk dh bZfDoVh esa varj
dks foRrh; fooj.k esa iwath fjt+oZ@xqMfoy ds :i esa fy;k tkrk gSA
vtZu ds ckn ds ykHk@gkfu;ksa esa ewy laLFkk ds 'ks;j dk lek;kstu]
jktLo fjt+oZ ds lkFk fd;k tkrk gS A
Mh ifjpkyu ds fuoy ifj.kke vkSj vuq"kaxh laLFkk dh laifRr esa vYi
la[;d ds gd als ykHk ,oa fuoy laIfRr;ksa dk og va'k n~;ksfrr gS tks
vYila[;dksa dks ns; gSA
.
.
.
.
.
bZ ,lksfl;sVl esa fuos'k dk fglkc] ,lksfl;sVl ds ys[kk ijhf{kr
foRrh; fooj.kksa ds vk/kkj ij vkbZlh,vkbZ }kjk tkjh ys[kkdj.k
ekud&23 ¼,,l&23½ lesfdr foRrh; fooj.kksa esa ,lksfl;sVl esa
fuos'k ds fy, ys[kkadu ds vuqlkj bZfDoVh i)fr ds rgr fd;k
tkrk gSA
Hkkjrh; ifjpkyuksa vkSj xS+j lekdfyr fons'kh ifjpkyu ds fons'kh eqnzk
ysunsuksa dk ys[kkadu] Hkkjrh; lunh ys[kkdkj laLFkku ¼vkbZlh,vkbZ½
}kjk tkjh ys[kkdj.k ekud & ¼,,l & ½ ds vuqlkj fd;k tkrk
gSA
fons'kh eqnzk Mhyj vlksfl,'ku vkQ+ bafM;k ¼QsMk;½ }kjk
vf/klwfpr lkIrkfgd vkSlr nj ¼McY;w,vkj½ ij fons'kh
fofue; ysunsu ntZ fd, tkrs gSaA
fons'kh eqnzk esa vkfLr;ksa ,oa ns;rkvksa dk ifjorZu] o"kkZar ij
Q+sMk; }kjk vf/klwfpr lekiu njksa ij fd;k tkrk gSA
fons'kh eqnzk esa LohÑfr;ka] i`"Bkadu vkSj vU; ck/;rk,a vkSj
xkjafV;ksa dks o"kkZar ij Q+sMk; }kjk vf/klwfpr lekiu njksa ij
j[kk tkrk gSA
foRrh; o"kZ ds var esa fons'kh eqnzk esa j[kh x;h vkfLr;ksa ,oa
ns;rkvksa ds fuiVku ,oa ifjorZu ls mBusokys fofue; varj dks]
ml o"kZ esa gh vk; ;k O;; ds :i esa igpkuk tkrk gS] tc os
mRiUu gksrs gSaA
cdk;k ok;nk fofue; njksa dk izdVhdj.k lafonkxr njksa ls
fd;k tkrk gS rFkk Q+sMk; dh lekiu njksa ij mudk
iquewZY;kadu fd;k tkrk gS ,oa mlds ifj.kke dh igpku] ykHk o
gkfu ys[ks ds t+fj, dh tkrh gSA
fons'kh 'kk[kkvksa dk oxhZdj.k] x+Sj lekdfyr fons'kh ifjpkyu ds :i esa
fd;k x;k gS vkSj foRrh; fooj.kksa dk ifjorZu fuEuizdkj fd;k tkrk gS
vkdfLed ns;rk,a lfgr vkfLr;ksa ,oa ns;rkvksa dk ifjorZu
Q+sMk; }kjk o"kkaaZr esa vf/klwfpr njksa ij fd;k tkrk gSA
.
4.1
4.2
4.2.1
4.2.2
4.2.3
4.2.4
4.2.5
4.3
4.3.1
4. fons'kh fofue; ls lacaf/kr ysunsu
ewy laLFkk
Hkkjrh; ifjpkyuksa ds ekeys esa ifjorZu
x+Sj& lekdfyr fons'kh ifjpkyuksa ds laca/k esa ifjorZu
11 11
vuqlwph 17
eq[; ys[kkdj.k uhfr;ka( 2015-16)lesfdr ys[ks
vuqlwph 17
eq[; ys[kkdj.k uhfr;ka
236
1. ACCOUNTING CONVENTION
2 USE OF ESTIMATES
3. CONSOLIDATION PROCEDURE
The financial statements are prepared by following the going
concern concept on historical cost convention unless
otherwise stated. They conform to generally accepted
accounting principles in India, which comprises statutory
provisions, regulatory / Reserve Bank of India guidelines,
accounting standards / guidance notes issued by the Institute
of Chartered Accountants of India and the practices prevalent
in the Banking Industry in India. In respect of foreign branches
as per statutory provisions and practices prevailing in the
respective countries.
.
The preparation of financial statements requires the
management to make estimates and assumptions for
considering the reported assets and liabilities (including
contingent liabilities) as on the date of financial statements
and the income and expenses for the reporting period.
Management believes that the estimates used in the
preparation of the financial statements are prudent and
reasonable.
a. Consolidated financial statements of the “Bank”
(parent and its subsidiaries) have been prepared on
the basis of audited financial statements of Indian
Bank (parent) and its subsidiaries viz. (1) Ind Bank
Housing Ltd, (2) Indbank Merchant Banking Services
Ltd. after eliminating intra group transactions and
unrealised profit/losses and making necessary
adjustments. The financial statements of the
subsidiaries are drawn up to the same reporting date
of the parent.
b. The Subsidiaries and Associates follow AccountingPolicies as prescribed by the respective regulatoryauthorities and as per statutory requirements. In viewof such diverse accounting policies required to befollowed, the consolidated financial statements havebeen prepared by adopting the respective accountingpolicies of the mandated / statutory requirements.
c. The difference between the cost to the parent of itsinvestment in subsidiary entity and the parent’sportion of its equity in the subsidiary with reference tothe date of acquisition is recognised in theconsolidated financial statement as CapitalReserve/Goodwill. The parent’s share in the postacquisition profits/losses is adjusted against theRevenue Reserve.
d. The minority interests in the net result of the operationand the asset of the subsidiary, represent that part ofprofit and the net asset attributable to the minorities.
e. Investments in Associates are accounted for underthe Equity Method as per Accounting Standard -23(AS - 23) - “Accounting for Investments in Associatesin Consolidated Financial Statements” issued by ICAIbased on the audited Financial Statements of theAssociates.
4.1 Foreign Currency transactions of Indian operations andnon-integral foreign operations are accounted for as perAccounting Standard-11 (AS-11) issued by the Institute ofCharteredAccountants of India (ICAI).
4.2 Translation in respect of Indian operations.
4.2.1 Foreign exchange transactions are recorded atthe Weekly Average Rate (WAR) notified byForeign Exchange Dealers Association of India(FEDAI).
4.2.2 Foreign currency assets and liabilities aretranslated at the closing rates notified by FEDAI atthe year end.
4.2.3 Acceptances, endorsements and otherobligations and guarantees in foreign currency arecarried at the closing rates notified by FEDAI at theyear end.
4.2.4 Exchange differences arising on settlement andtranslation of foreign currency assets andliabilities at the end of the financial year arerecognized as income or expenses in the period inwhich they arise.
4.2.5 Outstanding forward exchange contracts aredisclosed at the contracted rates, and revalued atFEDAI closing rates, and the resultant effect isrecognized in the Profit and Loss account.
4.3 Translation in respect of non-integral foreign operations.
Foreign branches are classified as non-integral foreignoperations and the financial statements are translated asfollows:
4.3.1 Assets and liabilities including contingentliabilities are translated at the closing rates notifiedby FEDAI at the year end.
4. TRANSACTIONS INVOLVING FOREIGN EXCHANGE
PARENT
SCHEDULE - 17
(Consolidated Accounts 2015-16)
SIGNIFICANT ACCOUNTING POLICIES
237
4.3.2
4.3.3
5.1.1
5.1.2
5.1.3
)
vk; ,oa O;; dk ifjorZu Q+sMk; }kjk lacaf/kr frekgh ds var ijvf/klwfpr frekgh vkSlr lekiu nj ij fd;k tkrk gSA
fuoy fuos'kksa ds fuiVku rd mBusokys lHkh fofue; varj dks**fofue; mrkj&p<+ko fuf/k** uked i`Fkd fuf/k esa mifpr j[kktkrk gSA
cSad ds fuos'k lafoHkkx dks Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kksa dsvuqlkj fuEufyf[kr rhu izoxksaZ esa oxhZÑr fd;k x;k gS %
ifjiDork rd j[ks x, ¼,pVh,e½
fcØh gsrq miyC/k ¼,,Q,l½
O;kikj ds fy, j[ks x, ¼,p,QVh½
ifjiDork rd jksd j[kus ds vk'k; ds lkFk izkIr dh xbZizfrHkwfr;ksa dks izoxZ ds varxZr oxhZÑr fd;k x;kgSA vYikof/k ds ewY;@C;kt nj esa mrkj&p<+ko ls ykHkmBkdj O;kikj djus ds vk'k; ds lkFk izkIr dh xbZ izfrHkwfr;ksadks ** ** izoxZ esa oxhZÑr fd;k x;k gSA vU; lHkhizfrHkwfr;k¡ tks mi;qZDr nksuksa izoxksaZ esa ugha vkrh gSa] mUgsa]** ** izoxZ esa oxhZÑr fd;k x;k gSA
,d fuos'k dks mldh [kjhn @ vtZu ds le; ij gh] ifjiDorkrd /kkfjr] fcØh ds fy, miyC/k vFkok O;kikj ds fy, miyC/kds :i esa oxhZÑr fd;k tkrk gS vkSj rnuUrj fu;kedfn'kkfunsZ'kksa ds vuq:i mudk varj.k fd;k tkrk gSA ,d oxZls nwljs oxZ dks 'ks;jksa dk varj.k] ;fn dksbZ gS] varj.k dh rkjh[kij vtZu ykxr @ cgh ewY; @ cktkj ewY; esa ls U;wure ewY;ij fd;k tkrk gS] vkSj ,sls varj.k ds fy, ewY;gªkl gsrq iw.kZizko/kku fd;k tkrk gSA
vuq"kafx;ksa vkSj ,lksfl;sV~l esa fuos'k dks ifjiDork rd /kkfjrds :i esa oxhZÑr fd;k x;k gSA
,pVh,e izoxZ esa j[kh x;h izfrHkwfr;ksa dh fcØh ij izkIr ykHk dksigys ykHk o gkfu ys[ks esa fy;k tkrk gS vkSj ckn esa iwathizkjf{krh ys[ks esa fofu;ksftr fd;k tkrk gS rFkk gkfu] ;fn gks]dks ykHk o gkfu ys[ks esa izHkkfjr fd;k tkrk gS %
Hkkjr esa fuos'kksa dk ewY;kadu Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kksads leuq:i fuEukuqlkj fd;k tkrk gS %
, ** ** izoxZ esa izfrHkwfr;ksa dk ewY;kadu vtZu dh ykxrij fd;k tkrk gS flok; mu ekeyksa esa tgka vafdr ewY; lsvtZu ykxr vf/kd gksrh gks] oSls ekeys esa] vafdr ewY; ijvtZu ykxr dh ,slh vf/kdrk dks ifjiDork dh cdk;k vof/kesa ifj'kksf/kr fd;k tkrk gsA vuq"kafx;ksa @ la;qDr m|eksa esa]ftUgsa ,pVh,e izoxZ esa 'kkfey fd;k x;k gS] fuos'kksa ds ewY; esa]vLFkkbZ izÑfr ds vykok fdlh vU; gªkl dh igpku dh tkrh gSvkSj muds fy, izko/kku fd;k tkrk gSA ,sls gªkl dk fu/kkZj.kvkSj blds fy, izko/kku izR;sd fuos'k gsrq vyx ls fd;k tk jgkgSA 23-08-2006 ds ckn fd;s x;s tksf[ke iwath fuf/k;ksa ¼ohlh,Q½ds ;wfuVksa esa fuos'k] 3 lkyksa dh izkjafHkd vof/k ds fy, ,pVh,eJs.kh esa oxhZÑr gksrs gS ,oa budk ykxr ij ewY;kadu fd;ktkrk gSA
5
5.1
fuos'k
ewy laLFkk %
**,pVh,e**
,p,QVh
,,Q,l
,pVh,e
�
�
�
ch vuq"kaxh laLFkkvksa] la;qDr miØeksa vkSj lg;ksxh laLFkkvksa esafuos'k dk ewY;kadu] ijaijkxr ykxr ij fd;k tkrk gSAizk;ksftr {ks=h; xzkeh.k cSadksa esa fuos'k dk ewY;kadu] ogu ykxr¼vFkkZr~ cgh ewY;½ ij fd;k tkrk gSA
lh **,,Q l** izoxZ esa fuos'kksa dk ewY;kadu] ckt+kj ewY; ij] frekghvarjky ij fLØiokj rFkk oxhZdj.kokj fd;k tkrk gSA ;fndksbZ fuoy ewY;gªkl gks] rks mls ykHk&gkfu ys[ks esa 'kkfey fd;ktkrk gS] tcfd fdlh fuoy ewY;o`f) gksus ij mldh mis{kk djnh tkrh gsA bl izoxZ esa ckt+kj dks vafdr djus ds cknoS;fDrd izfrHkwfr;ksa ds cgh ewY; esa dksbZ ifjorZu ugha fd;ktkrk gSA
Mh ,p,QV+h** izoxZ esa j[kh xbZ oS;fDrd izfrHkwfr;ksa dks nSfudvarjky ij ckt+kj dks vafdr fd;k tkrk gSA fuoy ewY;gªkl];fn dksbZ gks] rks ykHk o gkfu ys[ks esa mldk izko/kku fd;k tkrkgS tcfd fuoy ewY;o`f)] ;fn dksbZ gks] ml ij /;ku ugha fn;ktkrk gSA bl izoxZ esa oS;fDrd izfrHkwfr;ksa ds cgh ewY; esa dksbZifjorZu ugha gksrk gSA
bZ **,,Q,l** ,oa **,p,QVh** izoxksaZ esa izfrHkwfr;ksa dk ewY;kadufuEuor~ fd;k x;k gS %
izkbesjh MhylZ ,lksfl,'ku vkQ+ bafM;k ¼ihMh,vkbZ½ vkSjfQ+DLM bUde euh ekdsZV vkSj fMjkbosfVOl ,lksfl,'kuvkQ+ bafM;k ¼,Q+vkbZ,e,eMh,½ }kjk la;qDr :i ls ?kksf"krfd, x, vuqlkj dsUnz ljdkj dh izfrHkwfr;ksa dk ewY;kadu]ewY; ij @ okbZVh,e njksa ij fd;k tkrk gSA
jkT; ljdkj vkSj vU; vuqeksfnr izfrHkwfr;ksa dk ewY;kadu]okbZVh,e i)fr dks ykxw djrs gq, vkSjihMh,vkbZ@,Q+vkbZ,e,eMh, }kjk j[kh xbZ lerqY;ifjiDork dh dsUnz ljdkj dh izfrHkwfr;ksa ds izfrQ+y ls 25csfll IokbaV c<+krs gq, vkof/kd :i ls fd;k tkrk gSA
dksV gksus ij bZfDoVh 'ks;jksa dk ewY;kadu ckt+kj ewY; ijfd;k tkrk gSA dksV u gksusokys bZfDoVh 'ks;jksa dks mudsczsd&vi ewY; ij ¼iwuewZY;u fjt+oZ] ;fn gks] ml ij /;kufn, fcuk½] daiuh ds uohure rqyui= ¼ewY;u dh rkjh[kls ,d o"kZ ds igys dk u gks½] ds vk/kkj ij ewY;kafdr fd;ktkrk gSA vU;Fkk 'ks;jksa dk ewY;kadu izfr daiuh ,d#i;k ds vuqlkj fd;k tkrk gSA
dksV gksus ij vf/kekU; 'ks;jksa dk ewY;kadu ckt+kj ewY; ijfd;k tkrk gS( vU;Fkk leqfpr okbZVh,e njksa vFkok iqu%'kks/ku ewY; ds vk/kkj ij fu/kkZfjr ewY;] nksuksa esa ls tks Hkhde gks] ml ewY; ij fd;k tkrk gSA
vfxzeksa ds :i esa jgs fMcsapjksa rFkk ckaMksa ds vykok] lHkhfMcsapjksa rFkk ckaMksa dk ewY;kadu okbZVh,e vk/kkj ij fd;ktkrk gSA
jktdks"k fcyksa] tek izek.k i=ksa rFkk okf.kfT;d dkxt+krksadk ewY;kadu mudh j[kko ykxr ij fd;k tkrk gSA
dksV gksus ij E;wpqvy Qa+Mksa dh ;wfuVksa dk ewY;kadu ckt+kj
ewY; ij fd;k tkrk gS( vU;Fkk iqu% [kjhn ewY; vFkok
fuoy vkfLr ewY; ¼,u,oh½ nksuksa esa tks Hkh de gks] ml
ewY; ij fd;k tkrk gSA ;fn fuf/k;ka ykWd&bu vof/k esa
)
)
)
)
I.
ii.
iii.
iv.
v.
vi.
vii.
,
**
238
4.3.2 Income and expenses are translated at theQuarterly Average Closing rate notified by FEDAIat the end of the respective quarter.
4.3.3 All result ing exchange differences areaccumulated in a separate account “ForeignCurrency Translation Reserve” (FCTR) till thedisposal of the net investments.
5.1.1 The entire investment portfolio of the Bank isclassified in accordance with the RBI guidelinesinto three categories viz.
Held To Maturity (HTM)
Available For Sale (AFS)
Held For Trading (HFT)
The securities acquired with the intention to beheld till maturity are classified undercategory. The securities acquired with theintention to trade by taking advantage ofshort–term price / interest movements areclassified as ”. All other securities which donot fall under any of the two categories areclassified under ” category.
An investment is classified as Held to Maturity,Available for Sale or Held for Trading at the time ofits purchase/acquisition and subsequent shiftingis done in conformity with the Regulatoryguidelines. Transfer of scrips, if any, from onecategory to another is done at the lowest ofacquisition cost/book value/market value on thedate of transfer and depreciation, if any, on suchtransfer is fully provided for.
Investment in Subsidiaries and Associates areclassified as Held to Maturity.
5.1.2 Profit on sale of securities under HTM category isfirst taken to Profit and Loss account andthereafter appropriated to Capital Reserveaccount (net of taxes and amount required to betransferred to statutory reserves) and loss, if any,charged to Profit & Loss account.
5.1.3 Investments in India are valued in accordancewith RBI guidelines, as under:
a) Securities in category are valued atacquisition cost except where the acquisition costis higher than the face value, in which case, suchexcess of acquisition cost over the face value isamortised over the remaining period of maturity.Any diminution, other than temporary, in value ofinvestments in subsidiaries/joint ventures/Associates which are included under HTMcategory is recognized and provided. Suchdiminution is being determined and provided foreach investment individually. Investment in unitsof Venture Capital funds (VCF) made after
5 INVESTMENTS
5.1 PARENT
“HTM”
“HFT
“AFS
HTM
�
�
�
23.08.2006 are classified under HTM category forinitial period of 3 years and valued at cost.
b) Investment in Subsidiaries, Joint Ventures andAssociates are valued at historical cost.Investment in sponsored Regional Rural Banks(RRB) are valued at carrying cost (i.e. Bookvalue).
c) Investments in category are marked tomarket, scrip-wise and classification wise, atquarterly intervals. Net depreciation, if any, isprovided for in the Profit and Loss account whilenet appreciation, if any, is ignored. The book valueof the individual securities does not undergo anychange after marking to market.
d) The individual scrips in the category aremarked to market at daily intervals. Netdepreciation, if any, is provided for in the Profit andLoss account while net appreciation, if any, isignored. The Book Value of the individualsecurities in this category does not undergo anychange.
e) Securities in and categories are valuedas under:
i. Central Government Securities are valued atprices / YTM rates as announced by PrimaryDealersAssociation of India (PDAI) jointly withFixed Income Money Market and DerivativesAssociation of India (FIMMDA).
ii. State Government and Other approvedsecurities are valued applying the YTMmethod by marking up 25 basis points abovethe yields of the Central GovernmentSecurities of equivalent maturity put out byPDAI / FIMMDAperiodically.
iii. Equity shares are valued at market price, ifquoted. Unquoted equity shares are valued atbreak-up value (without consideringrevaluation reserves if any) as per thecompany’s latest balance sheet (not morethan one year prior to the date of valuation).Otherwise, the shares are valued at Re. 1 percompany.
iv. Preference shares are valued at market price,if quoted; otherwise at lower of the valuedetermined based on the appropriate YTMrates or redemption value.
v. All debentures/bonds, other than those whichare in the nature of advances, are valued onthe YTM basis.
vi. Treasury bills, Certificate of deposits andCommercial papers are valued at carryingcost.
vii. Units of Mutual Funds are valued at marketprice, if quoted; otherwise at lower ofrepurchase price or Net Asset Value (NAV). Incase of funds with a lock-in period, whererepurchase price / market quote is not
AFS
HFT
AFS HFT
239
gSa] tgka iqu%[kjhnh ewY;@ckt+kj dksV miyC/k ugha gks rks]
;wfuVksa dk ewY;kadu ,u,oh ij vFkok ykWd&bu vof/k dh
lekfIr rd dh ykxr ij fd;k tkrk gSA
23-08-2006 ds ckn fd;s x;s tksf[ke iwath fuf/k;ksa
¼ohlh,Q½ ds ;wfuVksa esa fuos'k] 3 lkyksa dh izkjafHkd vof/k
ds fy, ,pVh,e Js.kh esa oxhZÑr gksrs gS ,oa budk ykxr
ij ewY;kadu fd;k tkrk gSA laforj.k dh rkjh[k ls 3
lkyksa ds le; ds ckn] ;g ,,Q,l esa ifjofrZr fd;k
tk,xk vkSj Hkk-fj-caS-ds fn'kkfunsZ'kksa ds vuqlkj cktkj ds
fy, vafdr fd;k tk,xkA
fons'kh 'kk[kkvksa ds fuos'k ds laca/k esa] Hkkjrh; fjt+oZ cSad ds
fn'kkfunsZ'k ;k estckuh ns'k ds fn'kkfunsZZ'k] tks Hkh T;knk dBksj
gaS] dk ikyu fd;k tk,xkA ,sls ns'kksa esa fLFkr 'kk[kkvksa ds ekeys
esa] tgk¡ dksbZ fn'kkfunsZ'k fofufnZ"V ugha fd, x, gSa] HkkfjcSad ds
fn'kkfunsZ'kksa dk ikyu fd;k tk,A
HkkfjcSad }kjk tkjh fn'kkfunsZ'kksa ds vuqlkj vutZd fuos'k
¼,uihvkbZ½ dh igpku fuEufyf[kr :i esa fd;k x;k gS %
, izfrHkwfr;ka @ xSj lap;h vf/keku 'ks;j tgk¡ C;kt @
fu;r ykHkka'k @ fdLr ¼ifjiDork laizkfIr;k¡ lfgr½ ns; gSa
vkSj 90 fnu ls T;knk vof/k ds fy, vnRr gSA
ch ;fn tkjhdrkZ }kjk cSad ls ykHk mBk;h x;h dksbZ ØsfMV
lqfo/kk vutZd vfxze gS] rks mlh tkjhdrkZ }kjk tkjh
izfrHkwfr;ksa esa fuos'k dks Hkh ,uihvkbZ ekuk tk,xkA
izfrHkwfr;ksa dh ykxr esa ls nykyh@deh'ku@va'knkuksa ij izkIr
izksRlkgu dks ?kVk fn;k tkrk gSA izfrHkwfr;ksa ds vtZu ds laca/k
esa vnk dh x;h nykyh@deh'ku@LVkai 'kqYd dks jktLo O;;
ekuk tkrk gSA
O;kikj ds fy, C;kt nj LoSi ysunsuksa dks frekgh vk/kkj ij
ckt+kj dks vafdr fd, tkrs gSaA dqy vnyk&cnfy;ksa ds mfpr
ewY; dk vkdyu] rqyu&i= dh rkjh[k ij vnyk&cnyh djkjksa
dks lekIr fd, tkus ij izkIr@izkI; ;k iznRr@izns; jkf'k ds
vk/kkj ij fd;k tk,xkA blls gksusokyh gkfu;ksa ds fy, iw.kZ
izko/kku fd;k x;k gS] tcfd ykHk ;fn gks] ij /;ku ugha fn;k
tk,xkA
,Dlpsat dkjksckj fons'kh fofue; MsfjosfVo ;kuh eqæk ok;ns dk
ewY;kadu ,Dlpsat }kjk fu/kkZfjr ewY;ksa ij fd;k tkrk gS vkSj
ifj.kkeh ykHk vkSj gkfu dh igpku ykHk vkSj gkfu ys[ks esa dh
tkrh gSaA
,Qlh,uvkj ¼ch½ MkWyj tekvksa ds fy, HkkfjcSad ds fofue;
LoSi dh lqfo/kk dh 'kq#vkr esa mRiUu gksusokys izhfe;e @ C;kt]
LoSi vuqca/k dh vof/k ds nkSjku [kpZ ds :i esa ifj'kksf/kr fd;k
tkrk gSA
dsUnzh; ljdkj dh xkjaVh izkIr fuos'kksa ds vfrns; gksus ij Hkh
mUgsa rHkh ,uih, ekuk tk,xk tc xkjaVh ykxw dh tkus ij
ljdkj mldk fujkdj.k djrh gSA
viii.
5.1.4
5.1.5
)
)
5.1.6
5.1.7
5.1.8
5.1.9
5.1.10
5.1.11
5.1.12
5.1.13
;fn C;kt@ewy fdLr ¼ifjioDrk laizkfIr;ksa dks 'kkfey djrs
gq,½ vFkok cSad dks ns; vU; dksbZ jkf'k] 90 fnuksa ls vf/kd ds
fy, vnRr cuh jgrh gks] rks jkT; ljdkj }kjk izR;kHkwr
izfrHkwfr;ksa esa fuos'k dks] tksfd **ekus x, vfxzeksa* ds :i esa ugha
gSa] vkfLr oxhZdj.k vkSj izko/kkuhdj.k ekunaMksa ds v/;/khu j[kk
tkrk gSA
fuos'k dh dher ds fu/kkZj.k ÁR;sd oxZ esa Hkkfjr vkSlr dher
i)fr ds vk/kkj ij fd;k tkrk gSA ,pVh,e ds varxZr oxhZd`r
fuos'kksa dks Hkkfjr vkSlr dher i)fr ds rgr ÁkIr vf/kxzg.k
dher ds vk/kkj ij ys fy;k x;k gS rFkk Hkkfjr vkSlr dher ds
vafdr ewY; ls vf/kd gksus dh fLFkfr esa Áhfe;e dks dsoy 'ks"k
ifjiDork vof/k gsrq ifj'kksf/kr dj fn;k tkrk gSA
jsiks ,oa fjolZ jsiks ysunsuksa ds fy, ys[kkdj.k
d- HkkfjcSa ds lkFk rjyrk lek;kstu lqfoèkk,a ¼,y,,Q½ ds
rgr
HkkfjcSad ds lkFk rjyrk lek;kstu lqfoèkk,a ¼,y,,Q½ ds
rgr Ø; @foØ; fd, x, çfrHkwfr;ksa dks fuos'k [kkrs esa
ukes@tek fd;k tkrk gS ,oa ysunsu dh ifjiDork ij
fjolZ fd;k tkrk gSA O;; fd;s x;s [kpZ @ vftZr fd,
x, C;kt dks O;; @ jktLo ds :i esa fglkc j[kk tkrk
gSA
[k- HkkfjcSa ds lkFk ysunsuksa ds vykok rjyrk lek;kstu
lqfoèkk,a ¼,y,,Q½ ds rgr
jsiks@ fjolZ jsiks ds rgr csph xbZ vkSj [kjhnh xbZ
çfrHkwfr;ksa dks laikfÜoZd mèkkj vkSj mèkkj ysunsuksa ds :i
esa fy;k tkrk gSaA gkykafd] çfrHkwfr;ksa dks lkekU; ,deq'r
fcØh @ [kjhn ysunsuksa ds ekeys esa varfjr fd, tkrs gSa
vkSj bl çdkj ds çfrHkwfr ds mrkj &p<+ko] jsiks@fjolZ
jsiks [kkrksa vkSj çfr&çfof"V;ksa ds ç;ksx ls ifjyf{kr gksrk
gSA mijksä çfof"V;k¡ ifjiDork dh rkjh[k ij çfrofrZr
gks tkrh gSA ekeysa ds vkèkkj ij ykxr ,oa jktLo dks
C;kt O;;@vk; ds :i esa fy;k tk,xkA jsiks [kkrs esa 'ks"k]
vuqlwph 4¼ mèkkj½ ds rgr oxÊ—r gS vkSj fjolZ jsiks [kkrs
esa 'ks"k] vuqlwph 7 ¼
½ ds rgr oxÊ—r gSA
daiuh ds ikl j[ks lHkh fuos'k nh?kZdkfyd fuos'k gSa A vLFkk;h izÑfr ds
fuos'kksa ds vykok nh?kZdkfyd fuos'kksa dks gzkl ds fy, izko/kku ?kVkdj]
ykxr ij yk;k x;k gS A daiuh us dksV fd, x, 'ks;jksa ds ckt+kj ewY;
ij Hkjkslk djrs gq, 'ks;jksa@fM+caspjksa ds ewY; esa gzkl dks LFkk;h izÑfr ds
:i esa ekuk gS rFkk dksV u fd, x, 'ks;jksa ds ekeys esa cgh ewY;@mfpr
ewY;] nksuksa esa tks Hkh vf/kd gks] dks ekuk x;k gSA
:
:
:
vuq"kaxh daifu;k¡ %
baM cSad epsaZV cSafdax lfoZlst+ fyfeVsM5.2
cSadksa esa 'ks"k ,oa ekax rFkk vYi lwpuk
ij izkI; /kujkf'k
240
available, units are valued at NAV, else valuedat cost till the end of the lock-in period.
viii. Investment in units of Venture Capital funds
(VCF) made after 23.08.2006 are classified
under HTM category for initial period of 3
years and valued at cost. After period of 3
years from the date of disbursement, it will be
shifted to AFS and marked-to-market as per
RBI guidelines.
5.1.4 In respect of investment at Overseas branches,
RBI guidelines or those of the host countries
whichever are more stringent are followed. In
case of those branches situated in countries
where no guidelines are specified, the guidelines
of RBI are followed.
5.1.5 Non-performing investment (NPI) are identified as
stated below, as per guidelines issued by RBI.
a) Securities/Non-cumulative Preference shares
where interest/fixed dividend/installment
(including maturity proceeds) is due and
remains unpaid for more than 90 days.
b) If any credit facility availed by the issuer from
the Bank is a Non-performing advance,
investment in any of the securities issued by
the same issuer is also treated as NPI.
5.1.6 Brokerages / Commission / incentive received on
subscriptions are deducted from the cost of
securities. Brokerage / Commission / Stamp duty
paid in connection with acquisition of securities are
treated as revenue expenses.
5.1.7 Interest Rate Swap transactions for trading is
marked to market at quarterly intervals. The fair
value of the total swaps is computed on the basis
of the amount that would be received/ receivable
or paid/ payable on termination of the swap
agreements as on the balance sheet date. Losses
arising there from, if any, are fully provided for,
while the profit, if any, is ignored.
5.1.8 Exchange traded FX Derivatives i.e. Currency
Futures, are valued at the Exchange determined
prices and the resultant gains and losses are
recognized in the Profit and Loss account.
5.1.9 Premium/interest arising at the inception of
forward exchange swap facility of RBI for FCNR
(B) dollar deposits is amortized as expense over
the period of the swap contract.
5.1.10 Investments backed by guarantee of the Central
Government though overdue are treated as Non
Performing Asset (NPA) only when the
Government repudiates its guarantee when
invoked.
5.1.11 Investment in State Government guaranteed
securities, including those in the nature of
‘deemed advances’, are subjected to asset
classification and provisioning as per prudential
norms if interest/ installment of principal (including
maturity proceeds) or any other amount due to the
Bank remains unpaid for more than 90 days.
5.1.12 Cost of investments is determined based on the
Weighted Average Cost method in each category.
Investments classified under HTM are carried at
acquisition cost as arrived under Weighted
Average Cost method and in case the weighted
average cost is more than the face value, the
premium is amortised over the remaining period of
maturity.
5.1.13 Accounting for Repo/Reverse Repo transactions:
a. Under the Liquidity Adjustment Facility (LAF)
with the RBI:
Securities purchased/sold under LAF with RBI
are debited/credited to Investment Account
and reversed on maturity of the transaction.
Interest expended/earned thereon is
accounted for as expenditure/revenue.
b. Other than transactions under the Liquidity
Adjustment Facility (LAF) with the RBI:
The securities sold and purchased under
Repo/Reverse Repo are accounted as
Collateralised lending and borrowing
transactions. However, securities are
transferred as in the case of normal outright
sale/purchase transactions and such
movement of securities is reflected using the
Repo/Reverse Repo Accounts and Contra
entries. The above entries are reversed on
the date of maturity. Costs and revenues are
accounted as Interest expenditure/income,
as the case may be. Balance in RepoAccount
is classified under Schedule 4 (Borrowings)
and balance in Reverse Repo Account is
classified under Schedule 7 (Balance with
Banks and Money at Call & Short Notice).
The investments held by the Company are all long-term
investments. Long term investments are carried at cost
less provision for diminution, other than temporary in
nature. The Company has reckoned diminution in value
of shares / debentures as permanent in nature by relying
on market value of quoted shares and book value/ fair
value whichever is higher in respect of unquoted shares.
SUBSIDIARY COMPANIES:
5.2 Indbank Merchant Banking Services Ltd:
241
5.3
6
7
7.1
baM cSad gkmflax fyfeVsM
vkfLr olwyh daifu;ksa dks csph xbZ foRrh; vkfLr;ka
¼,vkjlh½
ewy laLFkk %
vfxze
ewy laLFkk
6.1
6.2
6.3
7.1.1
7.1.2
) :
I)
ii)
)
) - 15%\
fuos'kksa dks pkyw fuos'kksa vkSj nh?kZdkfyd fuos'kksa esa oxhZÑr fd;k x;k gSA
jk"Vª~h; vkokl cSad ds orZeku fn'kkfunsZ'kksa ds vuqlkj fuos'kksa dk ewY;kadu
izR;sd fuos'k ds fy, vyx&vyx :i ls] muds ykxr vFkok ckt+kj
ewY; esa ls fuEurj njksa ij fd;k x;k gSA
,vkjlh dks csph xbZ foRrh; vkfLr;ksa ds laca/k esa ifjlEifRr
iqufuZek.k daiuh }kjk tkjh dh xbZ izfrHkwfr jlhn ¼,lvkj½ dk
ewY;kadu] izfrHkwfr jlhn ds izfrnku ewY; ;k foRrh; vkfLr;ksa ds
fuoy cgh ewY;] tks Hkh de gks] ij fd;k tkrk gSA izfrHkwfr jlhn
dks ifjlEifRr iqufuZek.k daiuh }kjk rqyu i= ds fnukad ij
?kksf"kr fuoy ifjlaifRr ewY; ij ewY;kafdr fd;k tkrk gS vkSj
ewY;gªkl dksbZ gks rks] mlds fy, izko/kku fd;k tkrk gS vkSj ewY;
o`f) gks rks mls /;ku esa ugh fy;k tkrk gSaA
;fn fcØh dk ewY; fuoy cgh ewY; ¼,uchoh½ ls de gS ¼vFkkZr~
izko/kku dks ÄVkus ds ckn cgh ewY;½] rks HkkfjcSad ds ekStwnk
fn'kkfunsZ'kksa ds vuqlkj] deh dks ykHk@gkfu [kkrs esa ukes Mkyk
tk,xk ;k j[ks gq, vLFkk;h izko/kku ds mi;ksx ls lek;ksftr
fd;k tk,xkA
;fn ÁkIr udnh ¼vkjafHkd ÁfrQy vkSj@;k ca/kd NqM+kus ds
ek/;e ls½ vkfLr iqufuZek.k daiuh ¼,vkjlh½ dks csps x, ,uih,
ds fuoy cgh ewY; ls vf/kd gS] rks vfrfjDr izko/kku dks ykHk o
gkfu ys[ks esa izR;kofrZr fd;k tk,xkA ykHk o gkfu ys[ks esa
izR;kofrZr vfrfjDr Áko/kku dh izek=k ml lhek rd gksxh]
ftlesa csps x, ,uih, ds ,uchoh ls ÁkIr vf/kd udnh rd
gksxh A
Hkkjrh; fjt+oZ cSad }kjk tkjh foosdiw.kZ ekunaMksa ds vuq:i]
Hkkjr esa vfxzeksa dks m/kkjdrkZokj ekud] voekud] lafnX/k rFkk
gkfuokyh vkfLr;ksa ds :i esa oxhZÑr fd;k tkrk gSA
xSj fu"iknd vfxzeksa ds fy, fuEukuqlkj izko/kku fd,
x, gSa &
, voekud laoxZ
01-10-2014 ds iwoZ oxhZd`r jf{kr ,oa vjf{kr] nksuksa
laoxksaZ ds fy, 25 izfr'kr
01-10-2014 dks ;k mlds ckn voekud ds :i esa
oxhZd`r [kkrksa ds fy,
vjf{kr ,Dlikstj okys [kkrs & 25
izfr'kr
ch vU;
,
b) -1:
I)
) – 2
i)
d)
7.1.3
7.1.4
7.1.5
lafnX/k laoxZ
01-07-2011 ds igys oxhZÑr vkSj@;k laoxhZÑr
jf{kr ,oa vjf{kr ds fy, 100 izfr'kr
½ 30-06-2011 ds ckn oxhZÑr vkSj@;k laoxhZÑr jf{kr
ds fy, 25 izfr'kr
½ vjf{kr Hkkx ds fy, 100 izfr'kr
lh lafnX/k laoxZ
01-07-2011 ds igys oxhZÑr vkSj@;k laoxhZÑr
jf{kr ,oa vjf{kr ds fy, 100 izfr'kr
½ 30-06-2011 ds ckn oxhZÑr vkSj@;k laoxhZÑr
jf{kr ds fy, 40 izfr'kr
½ vjf{kr Hkkx ds fy, 100 izfr'kr
lafnX/k laoxZ & 3 vkSj gkfu vfxze & 100 izfr'kr
Hkkjrh; fjtoZ cSad ds funs'kksa ds vuqlkj iqu%lajfpr ekud
vfxze lfgr lHkh ekud vfxzeksa ds fy, izko/kku fd;k x;k gSA
fons'kh 'kk[kkvksa ds laca/k esa] vk; fu/kkZj.k] vkfLr oxhZdj.k rFkk
_.k gkfu;ksa ds fy, LFkkuh; vko';drkvksa vFkok Hkkjrh; fjt+oZ
cSad ds foosdiw.kZ ekunaM] tks Hkh vf/kdrj l[r gS] mlds
vuqlkj izko/kku fd, tkrs gSaA
vkxs ;fn HkkfjcSad }kjk tkjh fd;s x, fofu;euksa ds vuqlkj
fdlh Hkh le; cSad dh fons'kh cfg;ksa esa jgh fdlh vkfLr dks
,uih, ds :i esa oxhZÑr djuk gksrk gS] rc cSad }kjk ml
m/kkjdrkZ dks iznku dh xbZ lHkh lqfo/kkvksa vkSj m/kkjdrkZ }kjk
tkjh lHkh izfrHkwfr;ksa esa fuos'k dks ,uih, @ ,uihvkbZ ds :i esa
oxhZÑr fd;k tk,A
fQj Hkh] olwyh ds fjdkWMZ ds vykok vU; dkj.kksa ls estcku ns'k
ds fofu;kedksa }kjk [kkrk vutZd @ gkfu vkfLr;ksa ds :i esa
oxhZÑr gS] rks Hkkjr esa foRrh; fooj.kksa dks lesfdr djrs le;
mUgsa ,ih, ds :i esa oxhZÑr djsaxs vkSj vkSj muds fy,
;Fkko';d izko/kku fd;k tk,xk( rFkkfi mUgha izfrif{k;ksa dks
vU; vf/kdkj {ks=ksa ¼Hkkjr dks feykdj½ esa iznRr vU; _.k
,DLikstjksa ij vkfLr oxhZdj.k] rRlacaf/kr vf/kdkj {ks=ksa esa ykxw
fo|eku fn'kkfunsZ'kksa }kjk fu;af=r fd;k tkuk tkjh jgsxkA
izdVhÑr vfxze] xSsj&fu"iknd vkfLr;ksa] MhvkbZlhthlh @
bZlhthlh @lhthVh,lvkbZ ls izkIr nkoksa rFkk yafcr
lek;kstu gsrq j[ks] izkIr iquHkZqxrku rFkk fofo/k [kkrksa esa j[ks]
C;kt yxk;s tkus ;ksX; [kkrksa esa 'ks"k] lgHkkfxrk izek.k i=ksa ,oa
iqu% dVkSrh okys eh;knh fcyksa vkSj ekud vkfLr;ksa ds :i esa
oxhZÑr iqu% lajfpr [kkrksa ds mfpr ewY; esa ?kVko ds ,ot esa
fd, x, izko/kkuksa dks ?kVkus ds ckn fuoy gSaA
ii
iii
ii
iii
242
5.3 Ind Bank Housing Ltd:
6 FINANCIAL ASSETS SOLD TO ASSET RECOVERY
COMPANIES (ARC)
PARENT
7 ADVANCES
7.1 PARENT
Investments are classified into current investments and
long-term investments. Investments are valued at lower
of cost or Market value for each investment individually as
per NHB guidelines in force.
6.1 Security Receipts (SR) issued by ARCs in
respect of financial assets sold to them is
recognized at lower of redemption value of SRs
a n d N e t B o o k Va l u e o f f i n a n c i a l
assets. SRs are valued at Net Asset Value
declared by ARCs on the Balance Sheet date and
depreciation, if any, is provided for and
appreciation is ignored.
6.2 If the sale is for value lower than the Net Book
Value (NBV) (i.e, book value less provisions held),
the shortfall will be debited to the Profit and Loss
account or will be met out of utilization of Floating
provision held, as per extant RBI guidelines.
6.3 If the cash received (by way of initial consideration
and /or redemption of security) is higher than the
Net Book value of the NPA sold to Asset
Reconstruction Company(ARC), then excess
provision will be reversed to the profit and Loss
account. The quantum of excess provision
reversed to profit and loss account will be limited to
the extent to which cash received exceeds the
NBV of the NPAsold.
7.1.1 In accordance with the prudential norms issued by
RBI, advances in India are classified into standard,
sub-standard, doubtful and loss assets borrower-
wise.
7.1.2 Provisions are made for non performing advances
as under:
a) Substandard :
i) 25% both for secured and unsecured
category classified and / or categorized
before 01.10.2014.
ii) For accounts classified as Sub-Standard
on or after 01.10.2014
a) Accounts with unsecured exposures –
25%
b) Others - 15%
b) Doubtful category-1:
i) 100% for secured and unsecured
classified and / or categorized before
01.07.2011.
ii) 25% for secured classified and / or
categorized after 30.06.2011.
iii) 100% for Unsecured portion.
c) Doubtful Category – 2
100% for secured and unsecured
classified and / or categorized before
01.07.2011.
ii) 40% for secured classified and / or
categorized after 30.06.2011.
iii) 100% for Unsecured portion.
d) Doubtful category-3 and Loss advances –
100 %.
7.1.3 Provision is made for standard advances
including restructured standard advances as per
RBI directives.
7.1.4 In respect of foreign branches, income
recognition, asset classification and provisioning
for loan losses are made as per local requirement
or as per RBI prudential norms, whichever is more
stringent.
Further,if an asset in the overseas books of the
Bank requires to be classified as NPA at any point
of time in terms of regulations issued by Reserve
Bank of India, then all the facilities granted by the
bank to the borrower and investment in all the
securities issued by the borrower will be classified
as NPAs/NPIs.
However, accounts classif ied as Non-
performing/Impaired assets (NPAs) by host
regulators for reasons other than record of
recovery, would be classified as NPAs at the time
of consolidating financial statements in India and
provided for, as required; whereas asset
classification of other credit exposures to the same
counterparties in other jurisdictions (including
India) will continue to be governed by the extant
guidelines in the respective jurisdictions.
7.1.5 Advances disclosed are net of provisions made for
non-performing assets, DICGC/ ECGC/ CGTMSE
claims received and held pending adjustment,
repayments received and kept in sundries
account, participation certificates , usance bills
rediscounted and provision in lieu of diminution in
the fair value of restructured accounts classified as
standard assets.
i)
243
8
8.1
8.2
8.2.1
vpy vkfLr;ka@ ewY;gzkl
ewy laLFkk %
vuq"kaxh daifu;k¡ %
baM cSad epsaZV cSafdax lfoZlst+ fyfeVsM %
8.1.1
8.1.2
I 1.63%
II
1. 4.75%
2. 6.33%
3. 7.07%
4. 7.07%
5. 9.50%
6. 11.31%
7. 16.66%
8. 20%
9.
33.33%
10.
100%
8.1.3
8.1.4
8.1.5
8.1.6
ifjlj rFkk vU; vpy vkfLr;ksa dk fglkc mudh ijaijkxrykxr @ iquewZY;kafdr jkf'k ds vk/kkj ij yxk;k x;k gSA
Hkkjr esa Hkouksa tgka¡ dgha vyx ugha fd;k tk ldrk gS@ vyx
ugha fd;k x;k gS] t+ehu dh ykxr lfgr rFkk vU; vpyvkfLr;ksa dk ewY;gzkl lh/kh dVkSrh ls mu njksa ij izHkkfjr fd;kx;k gS ftlesa mijksDr vkfLr;kas dks izHkkfjr fd;k x;k Fkk] dksfuEuizdkj n'kkZ;k tkrk gS%
Hkou
vU; vpy vkfLr
lkekU; la;= o e'khujh
QuhZpj] fQDlpj
fo|qr e'khujh o fQfVax
lkbfdy
LdwVj] eksVjlkbfdy] thi
oSu
flDdk osafMax e'khu
eksVj dkj
daI;wVj o ;wih,l lfgr MkVk Ákslsflax
lsy Qksu rFkk rd ewY;
iwuewZY;kafdr la?kVd ds laca/k esa ewY;gªkl] iqueZwY;kadu vkjf{kfrds rgr izHkkfjr fd;k tkrk gSA
o"kZ ds nkSjku vftZr fu;r vkfLr;ksa ij ewY;gzkl] 30 flracj dks;k mlds iwoZ vftZr vkfLr;ksa ij 100 izfr'kr nj ls rFkk mldsckn vftZr vkfLr;ksa ij vk/kh nj ij izHkkfjr fd;k tkrk gSAfcØh@fuiVkjs ds o"kZ ds fy, vpy vkfLr;ksa ij ewY;gzkl gsrqizko/kku ugha fd;k tkrkA
iV~Vs dh t+ehu ij izhfe;e vf/kxzg.k o"kZ esa iwathÑr fd;k tkrkgS vkSj iV~Vk vof/k esa ifj'kksf/kr fd;k tkrk gSA
fons'kh 'kk[kkvksa dh vkfLr;ksa ds laca/k esa ewY;gzkl dk izko/kkulacaf/kr ns'kksa esa izpfyr i)fr ds vuqlkj fd;k tkrk gSA
xSj cSafdax vkfLr;ksa ,uch, ds ekeys esa dksbZ ewY;gzkl izHkkfjrugha fd;k tkrk gSA
vpy vkfLr;ksa dks ijEijkxr ykxr ij] lafpr ewY;gzkl vkSj{kfr ds fy, izko/kku ¼;fn dksbZ gks½ dks ?kVk dj crk;k tkrk gSAiV~Vs ij yh xbZ vkfLr;ksa ¼fnlacj 1997 ds igys lafonkÑr½ dksiV~Vk lek;kstu [kkrs esa 'ks"k ds fy, vkxs lek;ksftr fd;ktkrk gSA
(
)
Øe laifRr dh Ád̀fr ewY;gzkl njla[;k ¼,l,y,e½
e'khu
ds de dherokyh ensa` 5000/-
( )
)
)
8.2.2
9
9.1
9.2
ewY;gªkl
,
baM cSad gkmflax fyfeVsM %
jktLo vfHkKku
ewy laLFkk
vuq"kaxh daifu;k¡
iV~Vs ij nh xbZ vkfLr;ksa dks NksM+dj vU; vkfLr;ksa ij
cUn ifjpkyuksa ds varxZr iznRr iV~Vsnkjh vkfLr;ksa
ij
iV~Vs ij nh xbZ vkfLr;ksa dks NksM+dj vU; vkfLr;ksa ij
daiuh] lh/kh dVkSrh iz.kkyh ,l,y,e ;Fkkuqikr vk/kkj
ij] daiuh vf/kfu;e] 2013 dh vuqlwph esa fu/kkZfjr
njksa ij ewY;gªkl dk izko/kku djrh gS lk¶+Vos;j ykxrksa
dks] muds vtZu ds o"kZ ls rhu o"kksaZ dh vof/k ds fy,
ifj'kksf/kr fd;k tkrk gSA
ch
ifjpkyu cUn djus ds rgr iV~Vsnkjh vkfLr;ksa ij daiuh
?kVrs ewY; i)fr ij ;Fkkuqikr vk/kkj ij] ewY;gªkl dk
izko/kku djrh gS rFkk ftl eghus esa vkfLr laLFkkfir dh
x;h gS] mls iw.kZ eghuk ekuk tkrk gSA Hkkjrh; lunh
ys[kkdkj laLFkku }kjk tkjh iV~Vksa d ys[kkdj.k ij
ekxZn'kZu uksV ¼la'kksf/kr½ ds vuqlkj iV~Vk vkfLr;ksa dh
ykxr dks iV~Vs dh vof/k ds nkSjku iw.kZr% ifj'kksf/kr fd;k
tkrk gSA lkafof/kd ewY;gªkl vkSj okf"kZd iV~Vk izHkkj esa
varj dk lek;kstu] iV~Vk ledj.k ds t+fj, fd;k tkrk gS]
ftldk lek;kstu iV~Vk vk; ds lkFk fd;k tkrk gSA
vpy laifRr;ksa dks ykxr ij iwathÑr fd;k tkrk gS vkSj ykxr
ls ewY;gzkl ?kVkdj n'kkZ;k x;k gSA ewY;gzkl dk ifjdyu
daiuh vf/kfu;e 2013 dh vuqlwph esa nh xbZ njksa ij
ewY;gzkfLkr i)fr ls fd;k tkrk gSA
vk; vkSj O;; enksa dks] tc rd vU;Fkk ugha crk;k tk,]
lkekU;r% mifpr vk/kkj ij fglkc esa fy;k tkrk gSA
x+Sj fu"iknd vkfLr;ksa ls vk;] ljdkj }kjk xkjaVhÑr vkfLr;ksa
tgka og 90 fnuksas ls vf/kd ds fy, vfrns; jgk gks ykHkka'k
vk;] chek nkos] tkjh fd;s x;s lk[k&i=ksa @xkjafV;ksasa ij
deh'ku ifj;kstuk foRr ls lacaf/kr dks NksMdj vU; cSad
,';wjsal mRiknksa ij vk;] /ku izca/ku ij vk; [kjhns x, fcyksa ij
vfrfjDr C;kt@vfrns; izHkkj] ykWdj fdjk;k] ØsfMV dkMksZa ij
foRr izHkkj] iqu% {kfriwfrZ ds cSad ds vf/kdkj ij vk;] vkfn ls
vk; dks mudh olwyh gksus ij fglkc esa fy;k tkrk gSA
vfrns; fons'kh fcyksa ds ekeys esa] C;kt vkSj vU; izHkkjksa dks
Hkkjrh; fons'kh eqnzk O;kikjh la?k ¼Q+sMk;½ ds fn'kkfunsZ'kksa ds
vuqlkj fØLVykbZt+s'ku dh rkjh[k+ rd ekuk tkrk gSA
( )
:
s
9.1.1
9.1.2
9.1.3
II
(
),
( ),
:
XIV
244
8 FIXEDASSETS / DEPRECIATION
8.1 PARENT
Sl.
No Asset Depn (SLM)
8.2 SUBSIDIARY COMPANIES:
8.2.1 Indbank Merchant Banking Services Ltd
8.1.1 Premises and other fixed assets are stated at
historical cost and at revalued amount in respect
of assets revalued.
8.1.2 Depreciation on buildings (including cost of land
wherever inseparable/ not segregated) and other
fixed assets in India is provided for on the straight-
line method at rates in which the said assets were
charged, as specified below:
I Buildings 1.63%
II Other Fixed Assets
1. General Plant and Machinery 4.75%
2. Furniture, Fixtures 6.33%
3. Electrical Machinery and Fittings 7.07%
4. Cycles 7.07%
5. Scooters, Motor Cycles, Jeeps 9.50%
6. Vans 11.31%
7. Coin Vending Machine 16.66%
8. Motor cars 20%
9. Data processing machines includingcomputers and UPS 33.33%
10.Cell Phones and on small valueitems costing upto 5000/- 100%
Depreciation relatable to revalued component ischarged against revaluation reserve.
8.1.3 Depreciation on fixed assets acquired on or before30th September is charged at 100% of theprescribed rates and at 50% of the prescribedrates on the fixed assets acquired thereafter. Nodepreciation on the fixed assets is provided for inthe year of sale / disposal.
8.1.4 Premium on leasehold land is capitalised in theyear of acquisition and amortized over the periodof lease.
8.1.5 Depreciation in respect of fixed assets at foreignbranches is provided as per the practice prevailingin the respective countries.
8.1.6 In respect of Non Banking Assets, no depreciationis charged.
Fixed Assets are stated at historical cost lessaccumulated depreciation & provision forimpairment (if any). Leased assets (Contractedprior to December 1997) are further adjusted forthe balance in Lease adjustment account.
Nature of Rate of
`
DEPRECIATION
a)
b)
8.2.2 Ind Bank Housing Ltd
9 REVENUE RECOGNITION
9.1 PARENT
OnAssets other than given on lease:
On Assets given on lease under discontinuing
operations:
In respect of assets other than assets given on
lease, the company provides depreciation on
the assets on the Straight Line Method (SLM)
based on the useful life of the asset as
prescribed in Schedule II to the Companies
Act, 2013, on pro-rata basis. Software costs
are amortised on SLM over a period of three
years, from the year of acquisition.
In respect of Assets given on lease under
discontinuing operation, the Company
provides depreciation on the assets in the
WDV method on pro-rata basis, the month in
which the assets are installed taken as full
month. The cost of the Assets given on lease
are amortised fully during the Lease period. {In
accordance with the Guidance note on
Accounting for Leases (revised) issued by the
ICAI}. The difference between the statutory
depreciation and the annual lease charge is
adjusted through the Lease Equalisation,
which is adjusted with the lease income.
FixedAssets are capitalised at cost and are stated
at cost less depreciation. Depreciation is
calculated on Written Down Value method at the
rates prescribed in schedule II to the Companies
Act, 2013.
9.1.1 Income and expenditure are generally accounted
for on accrual basis, unless otherwise stated.
9.1.2 Income from non-performing assets, Central
Government guaranteed assets (where it is
overdue beyond 90 days), dividend income,
insurance claims, commission on letters of credit/
guarantees issued (other than those relating to
project finance), income from bancassurance
products, income from wealth management,
additional interest/ overdue charges on bills
purchased, locker rent, finance charges on credit
cards, income on Bank’s right to recompense,
AMC charges on debit cards are accounted for on
realisation.
9.1.3 In case of overdue foreign bills, interest and other
charges are recognised till the date of
crystallisation as per FEDAI guidelines.
245
9.2.1
9.2.2
10. :
11
12
12.1
baM cSad epsaZV cSafdax lfoZlst+ fyfeVsM
baM cSad gkmflax fyfeVsM %
ØsfMV dkMZ iqjLdkj ikbaV
fuoy ykHk@gkfu
LVkQ dks lsokfuo`fRr ij izkIr gksusokys ykHk
ewy laLFkk
, b';w izca/ku 'kqYd vkSj vU; izca/kdh; lsokvksa ds fy, 'kqYd& leuqns'ku iwjk gksus dh rkjh[k dks eku fy;k tkrk gSA
ch foRrh; mRiknksa ds forj.k ij gkehnkjh deh'ku vkSjnykyh & va'knku C;kSjs izkIr gksus ij eku fy;k tkrk gSA
lh LVkWd czksfdax ifjpkyuksa ds v/khu nykyh dks lafonk dsiwjk djus ij ys[kkafdr fd;k tkrk gSA
Mh vfrns; iV~Vk fdjk;s ij vkSj fdjk;k [kjhn fdLrksa ijC;kt ikorh vk/kkj ij ys[kakfdr fd;k tkrk gSA
b ykHkka'k vk; dk vfHkKku rc fd;k tkrk gS] tc izkIr djusdk vf/kdkj LFkkfir fd;k tkrk gSA
vk; dh igpku vkSj xSj fu"iknd vkfLr;ksa ds fy,izko/kku ,u,pch ds foosdh ekunaMksa dk ikyu fd;k tkrkgSA
ch vkokl _.kksa dh iqujnk;xh] lehÑr ekfld fdLrksa¼bZ,evkbZ½ ds tfj,] dh tkrh gS] ftlesa ewy/ku vkSj C;ktjkf'k 'kkfey gSaA lacaf/kr v/kZ&o"kZ@o"kZ ds vkjafHkd 'ks"k ijizR;sd v/kZ&o"kZ ij C;kt dk ifjdyu fd;k tkrk gSA iwjs_.k ds forj.k ds ckn bZ,evkbZ vkjaHk gksrh gSaA bZ,evkbZds izkjaHk gksus ds le; rd] bZ,evkbZ&iwoZ C;kt ns; gS rFkkekfld vk/kkj ij bldk vfHkKku fd;k tkrk gSA
dkMZ lqfo/kk ds iz;ksx ij dkMZ lnL;ksa }kjk vftZr iqjLdkj ikbaVksa dks ,slsiz;ksx ds fy, O;; ds :i esa le>k tkrk gSA
ykHk o gkfu ys[ks esa n'kkZ;k x;k ifj.kke fuEufyf[kr ij fopkj djus dsi'pkr~ gS
xSj fu"iknd vfxzeksa vkSj@;k fuos'kksa ds fy, izko/kku
ekud vfxzeksa ij lkekU; izko/kku
iqu% lajfpr vfxzeksa ds fy, izko/kku
fLFkj vkfLr;ksa ij ewY;gªkl ds fy, izko/kku
fuos'kksa ij ewY;gzkl ds fy, izko/kku
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izR;{k djksa ds fy, izko/kku
lkekU; vkSj@;k vU; vko';d izko/kku
Hkfo"; fufèk
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fufèk ds ekeys esa] cSad iwoZfuèkkZfjr njksa ij fuf'pr va'knku
vnk djrk gS A ,sls fuf'pr va'knku ds fy, cSad dk
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bafM;u cSad deZpkjh fu;eksa ,oa 'krksZa ds vuqlkj minku
ns;rk ,d oSèkkfud nkf;Ro gS vkSj bldk izko/kku foÙkh;
o"kZ ds var esa fd, x, chekafdd ewY;kadu ds vkèkkj ij
fd;k tkrk gSA minku ns;rk dk foRrh;u cSad }kjk fd;k
tkrk gS vkSj bldk çcaèku bafM;u cSad deZpkjh minku
fufèk U;kl }kjk fd;k tkrk gSA
½ isa'ku
ch ubZ isa'ku ;kstuk¼,uih,l½s mu deZpkfj;ksa ij ykxw
gksrh gS ftUgksaus cSad esa 10-04-2010 ds ckn HkrÊ gq, gSa
vkSj ;g ,d ifjHkkf"kr va'knku ;kstuk gSA ,uih,l
ds varxZr cSad iwoZ fuèkkZfjr nj ij ,d fuf'pr
va'knku vnk djrk gS vkSj cSad dk nkf;Ro ,sls
fuf'pr va'knku rd lhfer gSA bl va'knku dks ykHk
,oa gkfu [kkrs esa çHkkfjr fd;k tkrk gS A
{kfriwfjr vuqifLFkfr;k¡
lafpr {kfriwfjr vuqifLFkfr;k¡ tSls vftZr vodk'k vkSj
fpfdRlk vodk'k chekadd ewY;kadu ds vkèkkj ij nh
tkrh gSa A
vU; deZpkjh ykHk
vU; deZpkjh ykHk tSls Nqêh Hkqukuk] Nqêh ;k=k fj;k;r
vkSj vU; lsokfuo`fÙk ds ckn vfrfjä lsokfuo`fÙk ykHk
chekadd ewY;kadu ds vkèkkj ij miyCèk djok, tkrs gSaA
leqæikjh; 'kk[kkvksa ,oa dk;kZy;ksa esa çfrfu;qfä ds vykok
dk;Zjr deZpkfj;ksa ls lacfUèkr ykHk rRlacaèkh dk;kZfèkdkj
{ks=ksa ds dkuwu ds rgr fn, tkrs gSaA
vYi dkfyd deZpkjh fgrksa @ck/;rkvksa dk izkDdyu dj
izko/kku fd;k x;k A
xzsP;qfV & xzsP;qfV] tksfd vgZ deZpkfj;ksa dks doj djusokyh
,d ifjHkkf"kr lsokfuo`fRr ykHk ;kstuk gS] ds izfr vuq"kaxh dk
nkf;Ro gSA ;kstuk esa lsokfuo`fRr] fu;kstu esa jgrs e`R;q vFkok
fu;kstu lekiu ij fufgr deZpkfj;ksa dks lekIr izR;sd o"kZ
ds fy, 15 fnuksa ds osru ds cjkcj dh jkf'k nsus dk izko/kku gSA
ikap o"kkZsa dh lsok dh lekfIr ij osfLVax 'kq: gksrh gSA U;kl ds
:i esa LFkkfir xzsP;qfV fuf/k dks vuq"kaxh Hkkjrh; thou chek
ii
iii
)
iv)
v)
,½ isa'ku nkf;Ro bafM;u cSad ¼deZpkjh½ isa'ku fofu;e
1995 ds rgr ifjHkkf"kr ykHkdkjh nkf;Ro gSA ;g ,sls
deZpkfj;ksa dks] chekafdd ewY;kadu ds vkèkkj ij çnku
dh tkrh gS] ftUgksaus 31-03-2010 rd cSad esa HkrÊ gq, gSa
;k ftUgksaus isa'ku dk fodYi fn;k gS A
12.2
12.2.1
vuq"kaxh daifu;k¡
baM cSad epsaZV cSafdax lsok,a fy-
246
9.2 SUBSIDIARY COMPANIES:
9.2.1 Indbank Merchant Banking Services Ltd
9.2.2 IND Bank Housing Ltd.
10. CREDIT CARD REWARD POINTS:
11 NET PROFIT / LOSS
12 STAFF RETIREMENT BENEFITS
12.1 PARENT
.
a. Issue Management Fee and fees for other
managerial services - Considered on the
completion of assignment.
b. Underwriting Commission and brokerage on
distribution of financial products - Considered
on receipt of subscription particulars.
c. Brokerages under stock broking operations
are accounted on completion of contract.
d. Interest on overdue lease rentals and hire
purchase instalments are accounted for on
receipt basis.
e. Dividend income is recognized when the right
to receive is established.
a. The Company follows National Housing Bank’s
Prudential Norms for recognition of Income
and Provisioning for Non PerformingAssets.
b. Repayment of housing loans is by way of
Equated Monthly Instalments (EMIs)
comprising of principal and interest. Interest is
calculated every half year on the opening
balance at the beginning of the respective half
year/ year. EMI commences once the entire
loan is disbursed. Pending commencement of
EMI, pre-EMI interest payable is recognized
every month.
Reward points earned by card members on use of card
facility is recognized as expenditure on such use.
The result disclosed in the Profit and LossAccount is after
considering:
Provision for Non Performing Advances and/ or
Investments
General provision on StandardAdvances
Provision for RestructuredAdvances
Provision for Depreciation on FixedAssets
Provision for Depreciation on Investments
Transfer to/ from Contingency Fund
Provision for direct taxes .
Usual or/ and other necessary provisions
i) PROVIDENT FUND
Provident fund is a statutory obligation and inthe case of Contributory Provident FundOptees, the Bank pays fixed contribution at
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pre-determined rates. The obligation of theBank is limited to such fixed contribution. Thecontributions are charged to Profit and LossAccount. The fund is managed by Indian BankStaff Provident Fund Trust.
ii) GRATUITY
Gratuity liability is a statutory obligation as perIndian Bank Employees’ Gratuity Fund Rulesand Regulations and is provided for on thebasis of an actuarial valuation made at the endof the financial year. The gratuity liability isfunded by the Bank and is managed by IndianBank Employees Gratuity Fund Trust.
iii) PENSION
a) Pension liability is a defined benefitobligation under Indian Bank (Employees)Pension Regulations 1995 and is providedfor on the basis of actuarial valuation, forthe employees who have joined Bank upto 31.03.2010 and opted for pension.
b) New Pension Scheme (NPS) which isapplicable to employees who joined bankon or after 01.04.2010 and it is a definedcontribution scheme. Under NPS the Bankpays fixed contribution at pre determinedrate and the obligation of the Bank islimited to such fixed contribution. Thecontribution is charged to Profit and LossAccount.
iv) COMPENSATEDABSENCES
Accumulating compensated absences suchas Privilege Leave and Sick Leave areprovided for based on actuarial valuation.
v) OTHER EMPLOYEE BENEFITS
Other Employee benefits such as LeaveEncashment, Leave Fare Concession andAdditional Retirement Benefit on Retirementare provided for based on actuarial valuation.In respect of overseas branches and offices,the benefits in respect of employees otherthan those on deputation are valued andaccounted for as per laws prevailing in therespective territories
Short Term employee benefits/ obligations areestimated and provided for.
Gratuity – The Subsidiary has an obligationtowards gratuity, a defined benefit retirementplan covering eligible employees. The planprovides for a lumpsum payment to vestedemployees at retirement, death while inemployment or on termination of employment ofan amount equivalent to 15 days’ salary payable
12.2 SUBSIDIARY COMPANIES:
12.2.1 Indbank Merchant Banking Services Ltd.
247
fuxe ds lkFk lewg xzSP;qfV ikWfylh ds t+fj, okf"kZd va'knku
nsrh gSA xzsP;qfV ds izfr vuq"kaxh dh ns;rk dk chekafdd
fu/kkZj.k rqyu i= dh rkjh[k ij iz{ksfir ;wfuV tek ¼ih;wlh½
i)fr dk iz;ksx djrs gq, fd;k tkrk gSA chekafdd ykHk o
gkfu dk jktLo esa vfHkKku fd;k tkrk gSA
Hkfo"; fuf/k & vuq"kaxh ds vgZ deZpkjh] Hkfo"; fuf/k tksfd
,d ifjHkkf"kr va'knku ;kstuk gS ds rgr ykHk izkIr djus gsrq
gd+nkj gSa ftlesa doj fd, x, deZpkjh ds osru ds ,d
fufnZ"V izfr'kr ij nksuksa deZpkjh ,oa vuq"kaxh va'knku nsrss gSa]
fof/k ds rgr ;Fkk fufnZ"V va'knku Hkfo"; fuf/k dks vkSj Hkfo";
fuf/k izkf/kdkfj;ksa ds lkFk j[kh x;h isa'ku fuf/k dks vnk fd,
tkrs gSaA
NqV~Vh dh HkqukbZ % bafM;u cSad ls izfrfu;qDr LVkQ+ ls vU;
deZpkfj;ksa dh NqV~Vh dh HkqukbZ dh ns;rk ds fy,] izR;sd rqyu
i= dh rkjh[k ij u yh xbZ NqV~Vh ds fnuksa ds vk/kkj ij
chekafdd vk/kkj ij izko/kku fd;k tkrk gSA
bafM;u cSad ls izfrfu;qfDr ij jgs LVkQ dh lsokfuo`fRr ykHk
ns;rk] ;ksX; Hkfo"; fuf/k va'knku ds vykok bafM;u cSad }kjk
ogu dh tkrh gSA
Hkfo"; fuf/k esa va'knku] {ks=h; Hkfo"; fuf/k vk;qDr ds ikl
fd, tkrs gSaA
xzwi xzsP;qfV ;kstuk ds vUrxZr xfBr U;kl }kjk xzsP;qfV ns;rk
doj fd;k tkrk gSA U;kl us Hkkjrh; thou chek fuxe ls
lewg xzsP;qfV ikWfylh [kjhnh gS vkSj okf"kZd izhfe;e] U;kl ds
t+fj, vnk fd;k tkrk gSA
NqV~Vh dh HkqukbZ dh ns;rk ds fy, chekafdd vk/kkj ij izko/kku
fd;k tkrk gSA
ifjpkyuxr iV~Vksa ij yh xbZ vkfLr;ksa gsrq iV~Vk Hkqxrkuksa dks dher o`f)
lfgr iV~Vk vof/k ;k vkfLr dh vofèk] Hkh tks de gks ds nkSjku ykHk o
gkfu [kkrs esa vfHkKkr fd;s tkrs gSA
vkdfLed ns;rk,a % fuEufyf[kr ekeyksa esa] tgk¡
, ,slh ck/;rkvksa ds ekStwn jgus dh ckr iqf"VÑr ugha dh xbZ gS
ch ,slh ck/;rkvksa dks fuiVkus ds fy, lalk/ku dk cfgxZeu
vko';d ugha gS
12.2.2
13.
14
baMcSad gkmflax fyfeVsM %
iV~Vs gsrq ys[kkadu
vkdfLed ns;rk,¡ vkSj izko/kku %
I.
( )
,
( )
lh ck/;rkvksa dh jkf'k ds fy, dksbZ fo'oluh; vuqeku ugha
fd;k tk ldrk
Mh ,slh jkf'k;ka HkkSfrd ugha gSa] foxr ?kVuk,a] ftuls orZeku ;k
laHkkfor ck/;rk,a gks ldrh gSa] dks vkdfLed ns;rk ds :i esa
ekuk tkrk gSA
orZeku ck/;rkvksa ds laca/k esa rc izko/kku dks ekuk tkrk gS] tc
fo'oluh; vkdyu fd;k tk ldrk gS vkSj @ ;k lalk/kuksa dk
cfgxZeu laHkkfor gS] ftuesa cgqr NksVs nkoksa dks NksMdj 'ks"k ekeyksa
esa vkfFkZd ykHkksa dks R;kxuk iM ldsaA
Ckktkj tksf[ke] ns'k tksf[ke vkfn ds fy, izko/kku Hkkjrh; fjt+oZ
cSad ds orZeku vuqns'kksa ds vuqlkj fd;s tkrs gSaA
cSad izcU/ku }kjk vfHkKkr fd;s vuqlkj Q~yksfVax izko/kku fd;k
tkrk gSA
HkkfjcSad ds orZeku fn'kkfunsZ'kksa ds vuqlkj Q~yksfVax izko/kku dk
iz;ksx fuEufyf[kr gsrq fd;k tk ldrk gS
xSj&fu"iknd vkfLr;ksa gsrq fo'ks"k izko/kku djuk
xSj&fu"iknd vkfLr;ksa dh fcØh esa fdlh deh dh iwfrZ djuk
vpy vkfLr;ksa ¼iqueZwY;kafdr vkfLr;ksa lfgr½ ds lacaèk esa vkfLr;ksa
dh gkuh ;fn dksbZ gks]ys[kk ekud 28 vkfLr;ksa dk vutZd gksuk
ds vuq:i igpkuh tkrh gS vkSj mUgsa ykHk ,oa gkfu ys[ks esa çHkkfjr
fd;k tkrk gSA rFkkfi] iqueZwY;kafdr vkfLr ij vkfLr;ksa dk
vutZd lhèks vkfLr ds fy, dksbZ iqueZwY;u vfèk'ks"k ds :i esa
igpkuk tkrk gS] rkfd dksb Hkh ºzkl vkfLr ds fy, iqueZwY;u
vfèk'ks"k esa j[kh jkf'k ls vfèkd u gksA
dj gsrq izko/kku] pkyw dj rFkk vkLFkfxr dj nksuksa ds fy, fd;k
tkrk gSA
iz;ksT; dj njsa] dj fu;e vkSj vuqdwy U;kf;d fu.kZ; @ fof/kd
er dk mi;ksx djrs gq, dj izkf/kdkfj;ksa dks ns; vkdfyr jkf'k ds
vk/kkj ij orZeku dj dk vkdyu fd;k tkrk gSA
le; ds varj+ ds dkj.k mRiUu vkLFkfxr dj vkfLr;ka vkSj ns;rk,a
tksfd ckn ds o"kkZsa esa izR;korZu dh {kerk j[krh gSa] dks rqyu i= dh
rkjh[k rd vFkok ckn esa rS;kj fd, x, dj njksa o dj dkuwuksa dk
iz;ksx djds vfHkigpkfur fd;k tkrk gSA vkLFkfxr dj vkfLr;kas
dks rc rd vfHkigpkfur ugh fd;k tkrk gS tc rd fd **vlyh
fuf'prrk** gks tk, fd i;kZIr Hkkoh dj&;ksX; vk; mRiUu gksxh
ftlds fo#) ,slh vkLFkfxr dj vkfLr;kas dh mxkgh tk ldsA
baM cSad epsaZV cSafdax lfoZlsl fy- ds laca/k esa ifjpkyuksa dks cUn djus ds
fy, viuk;h tkusokyh ys[kkadu uhfr;k¡] ifjpkyuksa dks tkjh j[kus ds
fy, viuk;h tkusokyh ys[kkadu uhfr;ksa ds leuq:i gSaA
( )
( )
II.
I)
(ii)
15.1
16.1
16.2
16.3
17
15
16
vkfLr;ksa dk vutZd gksuk %
vk; ij dj %
ifjpkyuksa dks cUn djuk %
" "
248
for each completed year of service. Vestingoccurs upon completion of five years of service.Annual contribution is made to gratuity fundestablished as a Trust through a Group GratuityPolicy with Life Insurance Corporation of India.The Company’s liability towards Gratuity isactuarially determined as at balance sheet dateusing the Projected Unit Credit (PUC) method.Actuarial gains and losses are recognized inrevenue.
Provident Fund – The eligible employees areentitled to receive benefits under ProvidentFund, a defined contribution plan in which bothemployees and the employer make monthlycontributions at a specified percentage of thecovered employees salary, the contributions asspecified under the Law are paid to theProvident fund and pension fund with theprovident fund authorities.
Leave encashment - The eligible Leaveencashment liability to the employees other thanthose deputed by Indian Bank has beenprovided for on the basis of actuarial valuationbased on number of days un-utilised leave as ateach balance sheet date.
The retirement benefit liability to staff ondeputation from Parent is borne by the Parentexcept eligible Provident Fund contribution.
Contribution to Provident Funds is made to theRegional Provident Fund Commissioner.
The Gratuity liability is covered by Trust formedunder the Group Gratuity Scheme. The trust haspurchased a Group Gratuity policy from LIC andthe annual premium is paid through the Trust.
Liability for leave encashment is provided for onactuarial basis.
Lease payments including cost escalation for assetstaken on operating lease are recognized in the Profitand Loss Account over the lease term or life whicheveris lower.
I. Contingent liability : Past events leading to,possible or present obligations are recognisedas contingent liability in the following instanceswhere :
(a) The existence of such obligations has not beenconfirmed
(b) no outflow of resources are required to settlesuch obligations
12.2.2 Indbank Housing Ltd.
13. ACCOUNTING FOR LEASES
14 CONTINGENT LIABILITIESAND PROVISIONS
(c) a reliable estimate of the amount of theobligations cannot be made
(d) such amounts are not material
II. Provision is recognized in case of presentobligations where a reliable estimate can be madeand/or where there are probable outflow ofresources embodying foregoing of economicbenefits to settle the obligations, excluding frivolousclaims..
Provision for Market Risk, Country Risk, etc., aremade in terms of extant instructions of RBI.
Floating provision as identified by the BankManagement is provided for.
Floating provision may be utilized as per extant RBIguidelines, for -
i) Making specific provisions for non-performingassets;
(ii) Meeting any shortfall in sale of non-performingassets.
15.1 Impairment losses, if any, on FixedAssets (includingrevalued assets) are recognised and charged toProfit and Loss Account in accordance with theAccounting Standard 28 “Impairment of Assets”.However, an impairment loss on a revalued asset isrecognised directly against any revaluation surplusfor the asset to the extent that the impairment lossdoes not exceed the amount held in the revaluationsurplus for that same asset.
16.1 Provision for tax is made for both Current Tax andDeferred Tax.
16.2 Current tax is measured at the amount expected tobe paid to the taxation authorities, using theapplicable tax rates, tax laws and favourablejudicial pronouncements / legal opinion.
16.3 Deferred Tax Assets and Liabilities arising onaccount of timing differences and which are capableof reversal in subsequent periods are recognisedusing the tax rates and tax laws that have beenenacted or substantively enacted till the date of theBalance Sheet. Deferred Tax Assets are notrecognised unless there is “virtual certainty” thatsufficient future taxable income will be availableagainst which such deferred tax assets will berealised.
17
In respect of Indbank Merchant Banking Services Limitedaccounting policies adopted for discontinued operationsare in line with the accounting policies adopted forcontinuing operations.
15 IMPAIRMENT OFASSETS
16 TAXES ON INCOME
DISCONTINUING OPERATIONS
249
vuqlwph &18lesfdr foRrh; foojf.k;ksa ds fy, ys[kksa ij fVIif.k;ka ¼2015&16½
1.
2.
3.
4.
vuq"kafx;ka
51.00%
64.84%
35%
35%
35%
3.1.1
3.1.2
3.1.3
3.1.4
4.1.1
4.1.2
Øe la- vuq"kaxh dk uke laLFkkiuk dk ns'k LokfeRo dk vuqikr
Øe la- lg;ksfx;ksa dk uke 'ks;j/kkfjrk dk <kapk
ewy laLFkk
ewy laLFkk
,
ch
,
ch
lh
varj 'kk[kk ys[kksa dk ys[kk lek/kku 31-03-2016 rd iwjk fd;k tk pqdk gSA cSad us fofHkUu dkjxj mik;ksa ds }kjk iqjkuh cdk;k izfof"V;kas @vkbZchth, ds Lrj
esa deh ykbZ gSA 'ks"k cdk;k izfof"V;ksa ds lek;kstu dk dk;Z izxfr ij gSA izcU/ku ds vuqlkj dqy 6-01 djksM jkf'k dh 7386 vkbZchth, tek izfof"V;k¡
cdk;k gSaA
ns; Mªk¶+V] lek'kks/ku lek;kstu] fofo/k izkI;] fofo/k tek [kkrs vkfn esa vkSj Hkkjrh; fjtoZ cSad rFkk vU; cSadksa ls lacaf/kr cSad lek/kku esa iqjkuh cdk;k
izfof"V;kas ds leqfpr lek;kstu ds fy, fu;fer iqujh{kk dh tkrh gSA
dqN 'kk[kkvksa esa vuq"kaxh cfg;ksa@jftLVjksa dk rqyu vkSj lkekU; cfg;ksa ds lkFk ys[kk lek/kku izxfr ij gSA izca/ku dh jk; esa [kkrksa ij mi;qZDr fo"k;ksa dk
ifj.kkeh foRrh; izHkko cgqr T;knk ugha gksxkA
o"kZ ds nkSjku cSad us vius ifjlj dk iquewZY;kadu 29 Qjojh 2016 dks vuqeksfnr cká ewY;kaddksa }kjk fu/kkZfjr mfpr cktkj ewY; ij fd;kA ifjlj ds
iquewZY;kadu dh jkf'k esa 614-49 djksM+ dh c<+ksÙk ls iquewZY;u vkjf{kr fuf/k [kkrs esa tek fd;k x;k gS] iquewZY;u ij dqN ifjljksa dk cgh ewY; esa
deh ij 31-93 djksM+ dh dVkSrh vkSj ewY;ºzkl dh jkf'k ij 73-77 djksM+ dh deh dks iquewZY;kafdr jkf'k ij çHkkfjr fd;k x;k ftldk lek;kstu iquewZY;u
vkjf{kr fuf/k [kkrs ls fd;k tkrk gSA
djksM+ esa
iquewZY;u vkjf{kr fuf/k;ksa ifjlj esa iquewZY;kafdr Hkkx ij ewY;ºzkl
vkxs iquewZY;u ij dqN ifjlj ds iquewZY;kafdr cgh ewY; esa deh
baMcSaad gkmflax fy- Hkkjr
baMcaSad epsZaV cSafdax lfoZlst+ fy- Hkkjr
iYyou xzke cSad
lIrfxfj xzkeh.k cSad
iqnqoS Hkkjrh;kj xzke cSad
31-03-2016 rd 6 eghuksa ls vf/kd ds fy, cdk;k varj 'kk[kk ys[kksa esa vlek'kksf/kr izfof"V;ksa ds laca/k esa fuoy tek fLFkfr dks ?;ku esa j[krs gq, izko/kku dh
dksbZ vko';drk ugha gSA
ifjlj esa 3-59 djksM+ ¼foxr o"kZ 3-59 djksM+ ewY; dh 4 laifÙk;k¡½ ewY; dh 4 laifÙk;k¡ gSa ftudk cgh ewY;] fuoy ewY;ºzkl 55-22 djksM+ ¼foxr o"kZ
28-25 djksM+½ gS ftlds fy, iathdj.k çfØ;k yafcr gSA
**
`
`
` `
` ` `
`
4.1.3
( )
1. 73.77
31.93
vkjf{kfr;ksa ls deh
Øe la- vkjf{kr fuf/k;ka vkgfjr mís';jkf'k
:
`
lg;ksxh
ys[kk lek/kku ,oa lek;kstu
vpy vkfLr;ka
jh gqbZ gS] ft
250
SCHEDULE 18NOTES ON ACCOUNTS TO CONSOLIDATED FINANCIAL STATEMENTS (2015-16)
1. SUBSIDIARIES:
2. ASSOCIATES:
3.
4. FIXEDASSETS
a Ind Bank Housing Ltd India 51.00%
b Indbank Merchant Banking Services Ltd India 64.84%
a Pallavan Grama Bank 35%
b Saptagiri Grameena Bank 35%
c Puduvai Bharathiar Grama Bank 35%
3.1.1
3.1.2
3.1.3
3.1.4
4.1.1
4.1.2
Sl.No. Name of the Subsidiary Country of Incorporation Proportion of Ownership
Sl.No. Name of theAssociates Shareholding Pattern
PARENT:
PARENT
Reconciliation of Inter BranchAccount is completed up to 31.03.2016. The Bank through various effective steps has achieved
reduction in the old outstanding entries in IBGA. Adjustment of the remaining outstanding entries is in progress. As per the
Management, 7386 IBGAcredit entries aggregating to 6.01 crores are outstanding.
In view of the net credit position in respect of unreconciled entries in the Inter Branch Account outstanding for more than
6 months as on 31.03.2016, no provision is required.
Old outstanding entries in drafts payable, clearing adjustment, sundries receivable, sundry deposit accounts, etc. and in bank
reconciliation relating to Reserve Bank of India and other banks are being regularly reviewed for appropriate adjustments.
Balancing of subsidiary ledgers / registers and reconciliation with general ledgers are in progress at some branches. In the
opinion of the management, consequential financial impact of the above on the accounts will not be significant.
During the year the bank revalued its premises on 29 February 2016 at fair market value determined by external valuers .
There is an increase of 614.49 Crores in the amount of revaluation of premises which has been credited to “Revaluation
ReserveAccount”, deduction of 31.93 Crores on decrease in book value of certain premises on revaluation and a deduction
of 73.77 Crores on account of depreciation charged on revalued amount which is adjusted against the “Revaluation
ReserveAccount”.
Premises include 4 properties costing 3.59 crores (Previous year – 4 properties costing 3.59 crores) having revalued book
value, net of depreciation at 55.22 Crore (Previous year – 28.85 crore) for which registration formalities are pending.
4.1.3 Draw Down from Reserves:
( in crore)
1. Revaluation Reserve 73.77 Depreciation on revalued portion on Premises
31.93 Decrease in revalued book value of certain premises on further revaluation
R
th
`
`
`
` `
` `
`
Sl. No. Reserves Amount Purpose
drawn
RECONCILIATIONANDADJUSTMENTS
251
5. djk/kku
5.1
5.2
5.2.1
5.2.2
6.
ewy laLFkk
vuq"kaxh daifu;ka
baM cSad epsZaV cSafdax lfoZlst fy-
baM cSad gkÅflax fyfeVsM
ys[kkdj.k ekudksa ds laca/k esa izdVhdj.k
o"kZ ds nkSjku vk;dj gsrq fd, izko/kku dh jkf'k %
( )
243.92 463.45
)
)
)
)
2012-13 1639484
2013-14 1051363
2690847
.
.
.
( )
2321.18 1996.95
151.32 138.98
1.90 1.54
`
` `
` `
`
`
djksM+ esa
djk/kku ds fy, izko/kku ¼vk; dj½
31-03-2016 dks fookfnr vk;dj ekax 2350-60 djksM+ ¼fiNys o"kZ 1445-83½ gS] vkdfLed ns;rk,¡ ds rgr Hkh 'kkfey fd;k x;k ftlesa ls 31-03-2016 rd fookfnr
vk;dj dk Hkqxrku 2110-60 djksM+ ¼fiNys o"kZ 1441-98 djksM+½ gSA U;kf;d mn~?kks"k.kkvksa rFkk cSadksa ds Loh; oknksa esa vuqdwy fu.kZ;ksa ds dkj.k dfFkr fookfnr ekaxksa ij
dksbZ çko/kku djuk vko';d ugha le>k x;kA
, gkfu;ksa ¼vk; dj ds vuqlkj½ rFkk cgh gkfu;ksa ¼,e,Vh vfHkdyu ds vuqlkj½ dks /;ku esa j[krs gq, o"kZ ds fy, dj izko/kku dh vko';drk ugha gSA
ch fo"k;ksa ij U;kf;d fu.kZ;ksa vkSj@;k fof/kd jk; dks /;ku esa j[krs gq, vk;dj dh fookfnr ekaxksa ds fy, dksbZ izko/kku ugha j[kk x;k gSA
lh bl o"kZ ds fy, vkLFkfxr dj ¼fuoy½ gsrq izko/kku 11-37 yk[k gS ¼fiNys o"kZ 98-47 yk[k½ rFkk bls ykHk ,oa gkfu ys[ks esa izHkkfjr fd;k x;k gSA
Mh iwoZ vof/k ds djksa esa fuEu Hkh 'kkfey gSa
/kkjk 154 ds rgr Áfrnku lek;kstu
/kkjk 154 ds rgr Áfrnku lek;kstu
, Hkzked vfuf'prrk ds vk/kkj ij vuo'kksf"kr ewY;gzkl vkSj Hkkoh dj&;ksX; vk; ds fo#) leatu ds fy, vxys ykHk ls ?kkVk&iwfrZ dks vkLFkfxr dj vkfLr ds
:i esa ugha ekuk x;k gSA
ch vk;dj foHkkx us vkdyu o"kZ 1999&00 ds fy, C;kt lfgr 4-32 djksM ds fy, ,d ekax uksfVl Hksth gSA ;g ekax mip; vk/kkj ij xSj fu"iknd vkfLr;ksa ij
vk; dks /;ku esa ysrs gq, Hksth xbZ gS ftls ,u,pch ds fn'kkfunsZ'kksa ds vuqlkj vk; ds :i esa igpkuk ugha tk ldrk gSA daiuh us bl ekax ds fo#) fookn djrs
gq, ekuuh; enzkl gkbZ dksVZ ds le{k vihy nk;j fd;k gSA
lh C;kt dj vkSj vuqorÊ o"kksZa ds fy, dqy 4-83 djksM+ dh jkf'k ds lkFk C;kt] vk; dj okilh nkoksa dks nh?kkZofèk _.k ,oa vfxzeksa ds rgr n'kkZ;k x;k gS vkSj os
vk;dj foHkkx }kjk fd, tkus okys lekèkku ds vèkhu gSaA
djksM+ esa
izko/kku o vkdfLedrk,aewY;gªkl
vkfLr;ksa dh fcØh ij gkfu@¼ykHk½
2015-16 2014-15
( )
31.03.2016 31.03.2015
752.24 1050.51
` `
vkdyu o"kZ fooj.k jkf'k
dqy
dks dks
lekIr o"kZ lekIr o"kZ
ykHk o gkfu [kkrs ds vuqlkj fuoy ykHk
lek;kstu
`
ekpZ 31] 2016 dks lekIr o"kZ ds fy, lesfdr udnh izokg fooj.k
ds fy,
252
5. TAXATION
5.1 PARENT
5.2 SUBSIDIARY COMPANIES
5.2.1 INDBANK MERCHANT BANKING SERVICES LTD
5.2.2 INDBANK HOUSING LTD
DISCLOSURES IN RESPECT OFACCOUNTING STANDARDS
6. CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED MARCH 31,2016
Amount of Provision made for Income Tax during the year:
2015-16 2014-15
Assessment year Particulars Amount ( )
Year ended Year ended
31.03.2016 31.03.2015
Net Profit as per Profit and Loss Account 752.24 1050.51
( in crore)
Provision for Taxation (Income Tax including Deferred Tax) 243.92 463.45
The disputed income tax demand as at 31.03.2016 is at. 2350.60 Crores (previous year 1445.83 Crores), also included under
contingent liabilities, out of which 2110.60 Crores (previous year 1441.98 Crores) is the disputed income tax paid as at
31.03.2016. No provision is considered necessary for the said disputed demands on account of judicial pronouncements and
favourable decisions in Bank’s own case.
a) In view of losses (as per Income tax) as well as book losses (as perAT computation) no provision for tax is required for the year.
b) No provision is made for the disputed demands of income tax keeping in view the judicial pronouncements and/or legal opinion
on the issues.
c) The provision for deferred tax (net) for the year is 11.37 lakhs (Previous Year 98.47 lakhs) which has been charged
to Profit & LossAccount.
d) Prior period taxes include the following:
2012-13 Refund adjustment Under Section 154 1639484
2013-14 Refund adjustment Under Section 154 1051363
Total 2690847
a. The unabsorbed depreciation and carry forward losses eligible for set-off against future taxable income have not been
considered for deferred tax asset on the ground of virtual uncertainty.
b. The Income Tax Department has sent a demand notice for 4.32 crores for the assessment year 1999-00 including interest.
The demand is raised by considering the income on non-performing assets on accrual basis which, as per the NHB directives,
could not be recognised as income. The Company has contested the demand and the matter is pending before the Hon’ble
Madras High Court.
c. The Demand adjusted by the Income Tax Department against the refund of Interest tax and the interest thereon along with the
Income tax refund claims for subsequent years amounting to 4.83 crore is reflected under Long Term Loans and Advances
and are subject to reconciliation with the Income Tax Department.
( in crore)
Adjustments for :
Provisions and Contingencies 2321.18 1996.95
Depreciation 151.32 138.98
Loss/(profit) on sale of land and buildings 1.90 1.54
`
` `
` `
` `
`
`
`
`
.
253
(7222.48) 974.83
(1038.07) (241.15)
(11445.79) (2924.03)
9054.74 6949.00
7288.44 4871.74
(930.72) 5135.69
(782.84) (243.56)
11.12 7.15
(201.72) (234.15)
(41.29) (39.80)
0.00 280.00
863.22 (2317.78)
401.08 260.17
7900.05 7497.51
20.61 17.65
276.16 275.99
376.60 -
1382.02 1194.11
2713.00 1248.48
12.32 0.37
13081.84 10494.28
537.14 401.08
8637.32 7900.05
10.63 20.61
275.93 276.16
0.00 376.60
258.26 1382.02
2274.04 2713.00
6.29 12.32
31.03.2016 31.03.2015
3226.63 3187.98
(1766.30) (2077.26)
(771.72) (236.41)
620.21 (2311.73)
(1082.23) 2587.56
11999.61 13081.84
kZ
fuos'kksa esa deh@¼o`f)½vfxzeksa esa o`f)
vU; vkfLr;ksa esa deh@¼o`f)½
tekvksa esa o`f)
vU; nss;rkvksa esa o`f)@¼deh½
vpy vkfLr;ksa dh [kjhn
vpy vkfLr;ksa dh fcØh
iznRr fd;k x;k ykHkka'k
iznRr ykHkka'k forj.k dj
Hkkjr ljdkj ls izkIr iwath va'knku
m/kkj esa o`f) @ deh
gkFk esa udnh ¼fons'kh eqnzk uksVksa lfgr½
Hkkjrh; fjt+oZ cSad ds lkFk pkyw [kkrs esa 'ks"k
¼,½ pkyw [kkrksa esa
¼ch½ vU; tek [kkrksa esa
Hkkjr ds ckgj cSadksa esa 'ks"k
¼,½ pkyw [kkrksa esa
¼ch½ vU; tek [kkrksa esaekax ,oa vYi lwpuk ij jkf'k;ka
gkFk esa udnh ¼fons'kh eqnzk uksVksa lfgr½
Hkkjrh; fjt+oZ cSad ds lkFk pkyw [kkrs esa 'ks"k
cSadksa esa 'ks"k¼,½ pkyw [kkrksa esa
¼ch½ vU; tek [kkrksa esa
cSadksa esa ekax ,oa vYi lwpuk ij jkf'k;ka
Hkkjr ds ckgj cSadksa esa 'ks"k
¼,½ pkyw [kkrksa esa
¼ch½ vU; tek [kkrksa esa
ekax ,oa vYi lwpuk ij jkf'k;ka
dks dkslekIr o" lekIr o"kZ
dk;Z'khy iw¡th ifjorZuksa dss iwoZ ifjpkyuxr ykHk
ifjpkyuxr vkfLr;ksa esa o`f) @ deh
ifjpkyuxr ns;rkvksa esa o`f) @ deh
ifjpkyu ls l`ftr fuoy udnh ¼,½
fuos'k xfrfof/k;ksa ls udnh izokg
fuoss'k xfrfof/k;ksa ls l`ftr fuoy udnh ¼ch½
foRriks"k.k xfrfof/k;ksa ls dqy udnh izokg
foRriks"k.k xfrfof/k;ksa ls l`ftr fuoy udnh ¼lh½
udnh vkSj udnh ledj.kksa esa fuoy o`f)@¼deh½ ¼,½ $ ¼ch½ $ ¼lh½
o"kZ ds izkjaHk esa udnh o udnh rqY;
cSadksa esa 'ks"k
cSadksa esa ekax ,oa vYi lwpuk ij jkf'k;ka
o"kZ ds var esa udnh o udnh rqY;
(3185.24) (3657.71)
254
Decrease/(Increase) in Investments (7222.48) 974.83
Increase in advances
Decrease/(increase) in other assets (1038.07) (241.15)
(11445.79) (2924.03)
Increase/Decrease in Operating Liabilities
Increase in Deposits 9054.74 6949.00
Increase/(Decrease) in other liabilities
7288.44 4871.74
Net cash generated from operations (A) (930.72) 5135.69
Cash flow from investing activities
Purchase of fixed assets (782.84) (243.56)
Sale of fixed assets 11.12 7.15
Payment of dividend (201.72) (234.15)
Payment of distribution tax (41.29) (39.80)
Capital received from Government of india 0.00 280.00
Increase/decrease in borrowings 863.22 (2317.78)
cash in hand (including foreign currency notes) 401.08 260.17
Balances with Reserve Bank of India - in current Account 7900.05 7497.51
Balances with Banks
(a) in current Accounts 20.61 17.65
(b) in other deposit accounts 276.16 275.99
Money at Call and short notice with Banks 376.60 -
Balances with Banks outside India
(a) in current Accounts 1382.02 1194.11
(b) in other deposit accounts 2713.00 1248.48
Money at call and short notice 12.32 0.37
13081.84 10494.28
cash in hand (including foreign currency notes) 537.14 401.08
Balances with Reserve Bank of India - in current Account 8637.32 7900.05
Balances with Banks
(a) in current Accounts 10.63 20.61
(b) in other deposit accounts 275.93 276.16
Money at Call and short notice with Banks 0.00 376.60
Balances with Banks outside India
(a) in current Accounts 258.26 1382.02
(b) in other deposit accounts 2274.04 2713.00
Money at call and short notice 6.29 12.32
Year ended Year ended
31.03.2016 31.03.2015
Operating Profit before working Capital Changes 3226.63 3187.98
Increase/Decrease in Operating Assets
(1766.30) (2077.26)
Net cash generated from Investing Activities (B) (771.72) (236.41)
Cash flow from Financing activities
Net cash generated from financing activities (C) 620.21 (2311.73)
Net increase/(Decrease) in cash & cash equivalents (A)+(B)+(C) (1082.23) 2587.56
cash and cash equivalents at the beginning of the year
Cash & Cash equivalents at the end of the year
11999.61 13081.84
(3185.24) (3657.71)
255
7. deZpkjh ykHk ¼,,l 15½
ewy laLFkk
7.1.1
7.1.2
ifjHkkf"kr va'knku ;kstuk,¡
Hkfo"; fuf/k ,d oS/kkfud nkf;Ro gS vkSj va'knk;h Hkfo"; fuf/k dk fodYi pquusokyksa ds ekeys esa cSad iwoZfu/kkZfjr njksa ij fuf'pr va'knku vnk djrk gSA ,sls
fuf'pr va'knku dh jkf'k rd gh cSad dk nkf;Ro lhfer gSA bu va'knkuksa dks ykHk ,oa gkfu ys[kk esa çHkkfjr fd;k tkrk gSA fuf/k dk çca/k bafM;u cSad LVkQ
Hkfo"; fuf/k U;kl }kjk fd;k tkrk gSA foÙkh; o"kZ 2015&16 ds nkSjku] cSad us 2-11 djksM+ ¼fiNys o"kZ 0-69 djksM+½ dk va'knku fn;k gSA
ubZ isa'ku ;kstuk mu deZpkfj;ksa ij ykxw gksrh gS] ftudh cSad esa HkrhZ 01-04-2010 ds ckn gqbZ gS vkSj ;g ,d ifjHkkf"kr va'knku ;kstuk gSA ,uih,l ds varxZr
cSad iwoZ fu/kkZfjr nj ij ,d fuf'pr va'knku vnk djrk gS vkSj cSad dk nkf;Ro ,sls fuf'pr va'knku rd lhfer gSA bl va'knku dks ykHk ,oa gkfu ys[kk esa
çHkkfjr fd;k tkrk gSA foÙkh; o"kZ 2015&16 ds nkSjku] cSad us 26-47 djksM+ ¼fiNys o"kZ 19-36 djksM+½ dk va'knku fn;k gSA
ifjHkkf"kr ykHk ;kstuk,a
ys[kk ekud&15 ¼la'kksf/kr½ ds vuqlj.k esa visf{kr ykHk ,oa gkfu ys[kk vkSj rqyu i= esa ekU;rk fn, x, fu;kstuksRrj ykHk vkSj nh?kZdkyhu deZpkjh ykHkksa dh
la{ksi esa fLFkfr fuEukuqlkj gS %&
:
` `
` `
:
9.00% 9.00%
I.ewy chekaduvuqeku¼Hkkfjr vkSlrksa ds :i esa O;Dr½
isU'ku ds fy, 7-99 15 o"kZ th &lsd i=
i= minku ds fy, 7-95 10 o"kZ th &lsd i=
2-00 minku ds fy,
31/03/2016 31/03/2015
cV~Vs dh nj isU'ku ds fy, 8-04 15 o"kZ th &lsd i=
minku ds fy, 7-56 10 o"kZ th&lsdosru c<ksRrjh dh nj 6-00 ¼osru la'kks/ku ds fy, 0-50 ds lkFk½ 6-00 ¼osru la'kks/ku ds fy, 0-50 ds lkFk½
inR;kx dh nj 1-00 isa'ku ds fy, vkSj
;kstuk vkfLr;ksa ij visf{kr izfrQy dh nj
iz;qDr rjhdk ifj;kstuk bdkbZ _.k ¼ih;wlh½ chekadd rjhdk
-
-
*
% %
% %
% % % %
%
%
1.00% for Pension and2.00% for Serving Employees
-
-
*;kstuk vkfLr;ksa ij visf{kr izfrQy dh nj] NqV~Vh HkqukbZ ij ykxw ugha gksxhA
Hkkoh osru o`f);ksa ds vkdyu eqnzkLQhfr] ofj"Brk] inksUufr vkSj vU; lacaf/kr ?kVd tSls fu;kstu ckt+kj esa vkiwfrZ ,oa ekax dks fglkc esa ysdj Hkkjrh; cSad la?k }kjkvf/kof"kZrk ;kstukvksa ds fu/kh;u ij fn'kkfunsZ';k ds vuq:i fd;s tkrs gSaA
Nqêh HkqukbZ dh ns;rk,¡ xSj&fuf/kd gksrs gSaA
II. ck/;rk ds orZeku ewY; ¼ihohvks½ esa ifjorZu & isa'ku minku NqV~VhvFk'ks"k ,oa var'ks"k dk ys[kk lek/kku fuf/k fuf/k HkqukbZ
o"kZ ds vkjaHk esa ihohvks
o"kZ dh lekfIr ij ihohvks
5306.22 844.78 154.58
5608.14 831.94 161.63
C;kt ykxr
orZeku lsok ykxr
foxr lsok ykxr & igpkus x,@fufgr ykHk
foxr lsok ykxr & igpkus u x,@xSj&fufgr ykHk
iznRr ykHk
ck/;rk ij ¼larqyu vkadMk½ chekafdd gkfu@¼ykHk½
404.03 58.63 7.24
75.54 42.82 17.14
0.00 0.00 0.00
0.00 0.00 0.00
(562.05) (138.49) (117.70)
384.40 24.20 100.37
pkyw o"kZ 2015&16 ( )` djksM+ esa
256
7. EMPLOYEE BENEFITS (AS 15)
PARENT
7.1.1 Defined Contribution Plans:
Provident fund is a statutory obligation and in the case of Contributory Provident Fund Optees, the Bank pays fixed
contribution at pre-determined rates. The obligation of the Bank is limited to such fixed contribution. The contributions are
charged to Profit and Loss Account. The fund is managed by Indian Bank Staff Provident Fund Trust. During the financial
year 2015-16, the Bank has contributed 2.11 crores (previous year 0.69 crore).
New Pension Scheme (NPS) is applicable to employees who joined bank on or after 01.04.2010 and it is a defined
contribution scheme. Under NPS the Bank pays fixed contribution at pre determined rate and the obligation of the Bank is
limited to such fixed contribution. The contribution is charged to Profit and Loss Account. During the financial year 2015-16,
the Bank has contributed 26.47 crores (previous year 19.36 crores).
7.1.2 Defined Benefit Plans:
The summarized position of Post-employment benefits and long term employee benefits recognised in the Profit & Loss
Account and Balance Sheet as required in accordance withAccounting Standard – 15 (Revised) are as under:
` `
` `
Discount Rate
Salary escalation rate
Attrition rate
Expected rate of return on PlanAssets * 9.00% 9.00%
Method used ProjectedUnitCredit (PUC)actuarialMethod
I.PRINCIPAL ACTUARIAL
[Expressed as weighted averages]
ASSUMPTIONS 31/03/2016 31/03/2015
8.04% for Pension–15 year G-sec paper 7.99% for Pension – 15 year G-sec paper
7.56% for Gratuity —10 year G-sec paper 7.95% for Gratuity – 10 year G-sec paper
6.00% (includes 0.50% for wage revision) 6.00% ( includes 0.50% for wage revision)
1.00% for Pension and 1.00% for Pension and
2.00% for Serving Employees 2.00% for Serving Employees
* Expected Rate of return on PlanAssets not applicable for Leave encashment.
The estimates of future salary increases are considered taking into account inflation, seniority, promotion and other relevant factors,such as supply and demand in the employment market and in tandem with Funding Guidelines for Superannuation Schemescommunicated by IBA.
The liabilities of leave encashment are unfunded.
II. Pension Gratuity Leave
Fund Fund Encashment
PVO as at the beginning of the year
CHANGES IN THE PRESENT VALUE OF THE OBLIGATION (PVO) -
RECONCILIATION OF OPENING AND CLOSING BALANCES:
5306.22 844.78 154.58
5608.14 831.94 161.63
Interest Cost
Current service cost
Past service cost – recognized / vested benefits
Past service cost – unrecognized / non-vested benefits
Benefits paid
Actuarial loss/ on obligation (balancing figure)
404.03 58.63 7.24
75.54 42.82 17.14
0.00 0.00 0.00
0.00 0.00 0.00
(562.05) (138.49) (117.70)
(gain) 384.40 24.20 100.37
PVO as at the end of the year
Current Year 2015-16 ` in Crore
257
II. ck/;rk ds orZeku ewY; ¼ihohvks½ esa ifjorZu &
o"kZ ds vkjaHk esa ihohvks
o"kZ dh lekfIr ij ihohvks
4930.31 897.83 200.69
5306.22 844.78 154.58
isa'ku minku NqV~VhvFk'ks"k ,oa var'ks"k dk ys[kk lek/kku fuf/k fuf/k HkqukbZ
C;kt ykxr
foxr lsok ykxr & igpkus x,@fufgr ykHk
foxr lsok ykxr & igpkus u x,@xSj&fufgr ykHk
iznRr ykHk
ck/;rk ij ¼larqyu vkadMk½ chekafdd gkfu @ ¼ykHk½
orZeku esa lsok ykxr
370.96 65.98 12.71
72.25 37.94 14.66
0.00 0.00 0.00
0.00 0.00 0.00
(373.23) (135.88) (81.63)
305.93 (21.09) 8.15
fiNys o"kZ 2014&15 ( )` djksM+ esa
III. ;kstuk vkfLr;ksa ds mfpr ewY; esa ifjorZu &
5215.05 835.47 0.00
5508.95 829.38 0.00
isa'ku minku NqV~VhvFk'ks"k ,oa var'ks"k dk ys[kk lek/kku fuf/k fuf/k HkqukbZ
o"kZ ds vkjaHk esa ;kstuk vkfLr;ksa dk mfpr ewY;
o"kZ dh lekfIr ij ;kstuk vkfLr;ksa dk mfpr ewY;
;kstuk vkfLr;ksa ij visf{kr izfrQyva'knku
iznRr ykHk
;kstuk vkfLr;ksa ij ¼larqyu vkadMk½ chekafdd ykHk @ ¼gkfu½
461.60 70.98 0.00
401.96 63.08 117.70
(562.05) (138.49) (117.70)
(7.61) (1.66) 0.00
pkyw o"kZ 2015&16 ( )` djksM+ esa
III. ;kstuk vkfLr;ksa ds mfpr ewY; esa ifjorZu &
4767.66 864.63 0.00
5215.05 835.47 0.00
isa'ku minku NqV~VhvFk 'ks"k ,oa var'ks"k dk ys[kk lek/kku fuf/k fuf/k HkqukbZ
o"kZ ds vkjaHk esa ;kstuk vkfLr;ksa dk mfpr ewY;
o"kZ dh lekfIr ij ;kstuk vkfLr;ksa dk mfpr ewY;
;kstuk vkfLr;ksa ij visf{kr izfrQyva'knkuiznRr ykHk
;kstuk vkfLr;ksa ij ¼larqyu vkadMk½ chekafdd ykHk @ ¼gkfu½
429.42 63.72 0.00
378.07 32.39 81.63
(373.23) (135.88) (81.63)
13.13 10.61 0.00
fiNys o"kZ 2014&15 ( )` djksM+ esa
IV. ;kstuk vkfLr;ksa ij okLrfod izfrQy isa'ku minku NqV~Vhfuf/k fuf/k HkqukbZ
;kstuk vkfLr;ksa ij visf{kr izfrQy
;kstuk vkfLr;ksa ij chekafdd ykHk ¼gkfu½
;kstuk vkfLr;ksa ij okLrfod izfrQy
461.60 70.98 0.00
(7.61) (1.66) 0.00
453.99 69.32 0.00
pkyw o"kZ 2015&16 ( )` djksM+ esa
IV. ;kstuk vkfLr;ksa ij okLrfod izfrQy isa'ku minku NqV~Vhfuf/k fuf/k HkqukbZ
;kstuk vkfLr;ksa ij visf{kr izfrQy
;kstuk vkfLr;ksa ij chekafdd ykHk@ ¼gkfu½
;kstuk vkfLr;ksa ij okLrfod izfrQy
429.42 63.72 0.00
13.13 10.61 0.00
442.55 74.33 0.00
fiNys o"kZ 2014&15 ( )` djksM+ esa
258
II. Pension Gratuity Leave
Fund Fund Encashment
PVO as at the beginning of the year
CHANGES IN THE PRESENT VALUE OF THE OBLIGATION (PVO) -
RECONCILIATION OF OPENING AND CLOSING BALANCES:
4930.31 897.83 200.69
5306.22 844.78 154.58
Interest Cost
Current service cost
Past service cost – recognized / vested benefits
Past service cost – unrecognized / non-vested benefits
Benefits paid
Actuarial loss/ on obligation (balancing figure)
370.96 65.98 12.71
72.25 37.94 14.66
0.00 0.00 0.00
0.00 0.00 0.00
(373.23) (135.88) (81.63)
(gain) 305.93 (21.09) 8.15
PVO as at the end of the year
Previous Year 2014-15 ` in Crore
III. Pension Gratuity Leave
Fund Fund Encashment
CHANGES IN THE FAIR VALUE OF PLAN ASSETS -
RECONCILIATION OF OPENING AND CLOSING BALANCES:
Fair value of plan assets as at the beginning of the year 5215.05 835.47 0.00
Fair value of plan assets as at the end of the year 5508.95 829.38 0.00
Expected return on plan assets 461.60 70.98 0.00
Contributions 401.96 63.08 117.70
Benefits paid (562.05) (138.49) (117.70)
Actuarial gain/(loss) on plan assets [balancing figure] (7.61) (1.66) 0.00
Current Year 2015-16 ` in Crore
III. Pension Gratuity Leave
Fund Fund Encashment
CHANGES IN THE FAIR VALUE OF PLAN ASSETS -
RECONCILIATION OF OPENING AND CLOSING BALANCES:
Fair value of plan assets as at the beginning of the year 4767.66 864.63 0.00
Fair value of plan assets as at the end of the year 5215.05 835.47 0.00
Expected return on plan assets 429.42 63.72 0.00
Contributions 378.07 32.39 81.63
Benefits paid (373.23) (135.88) (81.63)
Actuarial gain/(loss) on plan assets [balancing figure] 13.13 10.61 0.00
Previous Year 2014-15 ` in Crore
IV. Pension Gratuity Leave
Fund Fund Encashment
ACTUAL RETURN ON PLAN ASSETS
Expected return on plan assets 461.60 70.98 0.00
Actuarial gain / (loss) on plan assets (7.61) (1.66) 0.00
Actual return on plan assets 453.99 69.32 0.00
Current Year 2015-16 ` in Crore
IV. Pension Gratuity Leave
Fund Fund Encashment
ACTUAL RETURN ON PLAN ASSETS
Expected return on plan assets 429.42 63.72 0.00
Actuarial gain / (loss) on plan assets 13.13 10.61 0.00
Actual return on plan assets 442.55 74.33 0.00
Previous Year 2014-15 ` in Crore
259
V. igpkuk x;k chekafdd ykHk@gkfu
(392.01) (25.86) (100.37)
isa'ku minku NqV~Vhfuf/k fuf/k HkqukbZ
o"kZ ds nkSjku igpkus x, chekadd ykHk@¼gkfu½
o"kZ ds fy, chekafdd ykHk@¼gkfu½ & ck/;rk
o"kZ ds fy, chekafdd ykHk@¼gkfu½&;kstuk vkfLr;ka
o"kZ ds fy, dqy ¼ykHk½ @ gkfu
o"kZ ds var esa u igpkus x, chekafdd ykHk@¼gkfu½
(384.40) (24.20) (100.37)
(7.61) (1.66) 0.00
(392.01) (25.86) (100.37)
0.00 0.00 0.00
pkyw o"kZ 2015&16 ( )` djksM+ esa
V. igpkuk x;k chekafdd ykHk@gkfu
(292.80) 31.70 (8.15)
isa'ku minku NqV~Vhfuf/k fuf/k HkqukbZ
o"kZ ds nkSjku igpkus x, chekafdd ykHk@¼gkfu½
o"kZ ds fy, chekafdd ykHk@¼gkfu½ & ck/;rko"kZ ds fy, chekafdd ykHk@¼gkfu½&;kstuk vkfLr;kao"kZ ds fy, dqy ykHk@¼gkfu½
o"kZ ds var esa u igpkus x, chekafdd ykHk@¼gkfu½
(305.93) 21.09 (8.15)
13.13 10.61 0.00
(292.80) 31.70 (8.15)
0.00 0.00 0.00
fiNys o"kZ 2014&15 ( )` djksM+ esa
VI. rqyu i= esa igpkuh x;h jkf'k;ka vkSj lacaf/kr fo'ys"k.k isa'ku minku NqV~Vhfuf/k fuf/k HkqukbZ
rqyu i= esa igpkuh x;h ns;rk
ck/;rk dk orZeku ewY;;kstuk vkfLr;ksa dk mfpr ewY;vUrjigpku u dh x;h laØe.kdkyhu ns;rkigpku u dh x;h foxr lsok ykxr
5608.14 831.94 161.63
5508.95 829.38 0.00
(99.19) (2.56) (161.63)
0.00 0.00 0.00
0.00 0.00 0.00
(99.19) (2.56) (161.63)
pkyw o"kZ 2015&16 ( )` djksM+ esa
VI. rqyu i= esa igpkuh x;h jkf'k;ka vkSj lacaf/kr fo'ys"k.k isa'ku minku NqV~Vhfuf/k fuf/k HkqukbZ
rqyu i= esa igpkuh x;h vkfLr ¼ns;rk½
ck/;rk dk orZeku ewY;
;kstuk vkfLr;ksa dk mfpr ewY;
vUrj
igpku u dh x;h laØe.kdkyhu ns;rk
igpku u dh x;h foxr lsok ykxr
5306.22 844.78 154.58
5215.05 835.47 0.00
(91.17) (9.31) (154.58)
0.00 0.00 0.00
0.00 0.00 0.00
(91.17) (9.31) (154.58)
fiNys o"kZ 2014&15 ( )` djksM+ esa
VII. ykHk ,oa gkfu ys[ks esa igpkus x;s O;; isa'ku minku NqV~Vhfuf/k fuf/k HkqukbZ
ykHk ,oa gkfu ys[ks esa igpkus x;s O;;
orZeku lsok ykxr
C;kt ykxr
;kstuk vkfLr;ksa ij visf{kr izfrQy
fuoy chekafdd ¼ykHk½@ gkfu tks bl o"kZ esa igpkuh x;h gS
bl o"kZ esa igpkuh x;h laØe.kdkyhu ns;rk
foxr lsok ykxr & igpkuh xbZ
75.54 42.82 17.14
404.03 58.63 7.24
(461.60) (70.98) 0.00
392.01 25.86 100.37
0.00 0.00 0.00
0.00 0.00 0.00
409.98 56.33 124.75
pkyw o"kZ 2015&16 ( )` djksM+ esa
260
V. Pension Gratuity Leave
Fund Fund Encashment
ACTUARIAL GAIN / LOSS RECOGNISED
Actuarial gain / (loss) recognised in the year (392.01) (25.86) (100.37)
Actuarial gain / (loss) for the year - Obligation (384.40) (24.20) (100.37)
Actuarial gain / (loss) for the year- PlanAssets (7.61) (1.66) 0.00
Total gain / (loss) for the year (392.01) (25.86) (100.37)
Unrecognised actuarial gain / (loss) at the end of the year 0.00 0.00 0.00
Current Year 2015-16 ` in Crore
V. Pension Gratuity Leave
Fund Fund Encashment
ACTUARIAL GAIN / LOSS RECOGNISED
Actuarial gain / (loss) recognised in the year (292.80) 31.70 (8.15)
Actuarial gain / (loss) for the year - Obligation (305.93) 21.09 (8.15)
Actuarial gain / (loss) for the year- PlanAssets 13.13 10.61 0.00
Total gain / (loss) for the year (292.80) 31.70 (8.15)
Unrecognised actuarial gain / (loss) at the end of the year 0.00 0.00 0.00
Previous Year 2014-15 ` in Crore
VI. Pension Gratuity Leave
Fund Fund Encashment
AMOUNTS RECOGNISED IN THE BALANCE SHEET AND
RELATED ANALYSIS
Present value of the obligation 5608.14 831.94 161.63
Fair value of plan assets 5508.95 829.38 0.00
Difference (99.19) (2.56) (161.63)
Unrecognised transitional liability 0.00 0.00 0.00
Unrecognised past service cost 0.00 0.00 0.00
Liability recognised in the balance sheet (99.19) (2.56) (161.63)
Current Year 2015-16 ` in Crore
VI. Pension Gratuity Leave
Fund Fund Encashment
AMOUNTS RECOGNISED IN THE BALANCE SHEET AND
RELATED ANALYSIS
Present value of the obligation 5306.22 844.78 154.58
Fair value of plan assets 5215.05 835.47 0.00
Difference (91.17) (9.31) (154.58)
Unrecognised transitional liability 0.00 0.00 0.00
Unrecognised past service cost 0.00 0.00 0.00
Liability recognised in the balance sheet (91.17) (9.31) (154.58)
Previous Year 2014-15 ` in Crore
VII. Pension Gratuity Leave
Fund Fund Encashment
EXPENSES RECOGNISED IN THE STATEMENT OF PROFIT AND LOSS:
Current service cost 75.54 42.82 17.14
Interest Cost 404.03 58.63 7.24
Expected return on plan assets (461.60) (70.98) 0.00
Net actuarial (gain)/loss recognised in the year 392.01 25.86 100.37
Transitional Liability recognised in the year 0.00 0.00 0.00
Past service cost - recognised 0.00 0.00 0.00
Expenses recognised in the statement of profit and loss 409.98 56.33 124.75
Current Year 2015-16 ` in Crore
261
VII. igpkuk x;k chekafdd ykHk@gkfu isa'ku minku NqV~Vhfuf/k fuf/k HkqukbZ
ykHk ,oa gkfu ys[ksa esa igpkus x;s O;;
orZeku lsok ykxr
C;kt ykxr
;kstuk vkfLr;ksa ij visf{kr izfrQy
fuoy chekafdd ¼ykHk½@ gkfu tks bl o"kZ esa igpkuh x;h gS
bl o"kZ esa igpkuh x;h laØe.kdkyhu ns;rk
foxr lsok ykxr & igpkuh xbZ
72.25 37.94 14.66
370.96 65.98 12.71
(429.42) (63.72) 0.00
292.80 (31.70) 8.15
0.00 0.00 0.00
162.65 33.20 0.00
469.24 41.70 35.52
fiNys o"kZ 2014&15 ( )` djksM+ esa
VIII. rqyu i= esa igpkuh x;h ns;rkvksa esa ifjorZu isa'ku minku NqV~Vhfuf/k fuf/k HkqukbZ
fuoy ns;rk dk vkjafHkd 'ks"k
mi;qZDrkuqlkj O;;
iznRr va'knku
fuoy ns;rk dk var 'ks"k
91.17 9.31 154.58
409.98 56.33 124.75
(401.96) (63.08) (117.70)
99.19 2.56 161.63
pkyw o"kZ 2015&16 ( )` djksM+ esa
VIII. rqyu i= esa igpkuh x;h ns;rkvksa esa ifjorZu isa'ku minku NqV~Vhfuf/k fuf/k HkqukbZ
fuoy ns;rk dk vkjaHk 'ks"k
mi;qZDrkuqlkj O;;
iznRr va'knku
fuoy ns;rk dk var 'ks"k
0.00 0.00 200.69
469.24 41.70 35.52
(378.07) (32.39) (81.63)
91.17 9.31 154.58
fiNys o"kZ 2014&15 ( )` djksM+ esa
IX. (I) pkyw o"kZ 2015&16 isa'ku minku NqV~Vhfuf/k fuf/k HkqukbZ
ck/;rk dk orZeku ewY;
;kstuk vkfLr;ka
vf/k'ks"k@¼?kkVk½
;kstuk ns;rkvksa ij vuqHko lek;kstu ¼gkfu½@ykHk
;kstuk vkfLr;ksa ij vuqHko le;kstu ¼gkfu½@ykHk
5608.14 831.94 161.63
5508.95 829.38 0.00
(99.19) (2.56) (161.63)
(384.40) (24.20) (100.37)
(7.61) (1.66) 0.00
IX. (ii) 31.03.2012 31.03.2013 31.03.2014 31.03.2015fiNys o"kZ 2012&15 dks dks dks dkslekIr o"kZ lekIr o"kZ lekIr o"kZisa'ku lekIr o"kZ
ck/;rk dk orZeku ewY;;kstuk vkfLr;kavf/k'ks"k @¼?kkVk½;kstuk ns;rkvksa ij vuqHko lek;kstu ¼gkfu½@ykHk;kstuk vkfLr;ksa ij vuqHko le;kstu ¼gkfu½@ykHk
3863.80 4521.26 4930.31 5306.22
3375.87 4195.96 4767.66 5215.05
(487.93) (325.30) (162.65) (91.17)
(346.33) 533.47 (263.75) (305.93)
9.18 24.35 (21.88) 13.13
IX. (iii) 31.03.2012 31.03.2013 31.03.2014 31.03.2015fiNys o"kZ 2012&15 dks dks dks dkslekIr o"kZ lekIr o"kZ lekIr o"kZ lekIr o"kZminku
ck/;rk dk orZeku ewY;;kstuk vkfLr;kavf/k'ks"k ¼?kkVk½;kstuk ns;rkvksa ij vuqHko lek;kstu ¼gkfu@ykHk½ ;kstuk vkfLr;ksa ij;kstuk vkfLr;ksa ij vuqHko le;kstu ¼gkfu½@ykHk
755.05 810.57 897.83 844.78
655.45 744.18 864.63 835.47
(99.60) (66.40) (33.19) (9.31)
(78.52) 75.89 113.3521.09
(1.72) 0.00 0.65 10.61
( )` djksM+ esa
( )` djksM+ esa
( )` djksM+ esa
262
VII. Pension Gratuity Leave
Fund Fund Encashment
EXPENSES RECOGNISED IN THE STATEMENT OF PROFIT AND LOSS:
Current service cost 72.25 37.94 14.66
Interest Cost 370.96 65.98 12.71
Expected return on plan assets (429.42) (63.72) 0.00
Net actuarial (gain)/loss recognised in the year 292.80 (31.70) 8.15
Transitional Liability recognised in the year 0.00 0.00 0.00
Past service cost - recognised 162.65 33.20 0.00
Expenses recognised in the statement of profit and loss 469.24 41.70 35.52
Previous Year 2014-15 ` in Crore
VIII. Pension Gratuity Leave
Fund Fund Encashment
MOVEMENTS IN THE LIABILITY RECOGNISED IN THE
BALANCE SHEET
Opening net liability 91.17 9.31 154.58
Expense as above 409.98 56.33 124.75
Contribution paid (401.96) (63.08) (117.70)
Closing net liability 99.19 2.56 161.63
Current Year 2015-16 ` in Crore
VIII. Pension Gratuity Leave
Fund Fund Encashment
MOVEMENTS IN THE LIABILITY RECOGNISED IN THE
BALANCE SHEET
Opening net liability 0.00 0.00 200.69
Expense as above 469.24 41.70 35.52
Contribution paid (378.07) (32.39) (81.63)
Closing net liability 91.17 9.31 154.58
Previous Year 2014-15 ` in Crore
IX. (i) Current Year 2015-16 Pension Gratuity Leave
Fund Fund Encashment
Present Value of obligation 5608.14 831.94 161.63
PlanAssets 5508.95 829.38 0.00
Surplus/ (Deficit) (99.19) (2.56) (161.63)
Experience adjustments on plan liabilities- (loss) / gain (384.40) (24.20) (100.37)
Experience adjustments on plan assets- (loss) / gain (7.61) (1.66) 0.00
IX. (ii) Previous Years 2012-15 Year ended Year ended Year ended
Pension 31.03.2013 31.03.2014 31.03.2015
Year ended
31.03.2012
Present Value of obligation 3863.80 4521.26 4930.31 5306.22
PlanAssets 3375.87 4195.96 4767.66 5215.05
Surplus/ (Deficit) (487.93) (325.30) (162.65) (91.17)
Experience adjustments on plan liabilities- (loss) / gain (346.33) 533.47 (263.75) (305.93)
Experience adjustments on plan assets- (loss) / gain 9.18 24.35 (21.88) 13.13
IX. (iii) Previous Years 2012-15 Year ended Year ended Year ended
Gratuity 31.03.2013 31.03.2014 31.03.2015
Year ended
31.03.2012
Present Value of obligation 755.05 810.57 897.83 844.78
PlanAssets 655.45 744.18 864.63 835.47
Surplus/ (Deficit) (99.60) (66.40) (33.19) (9.31)
Experience adjustments on plan liabilities- (loss) / gain (78.52) 75.89 113.35 21.09
Experience adjustments on plan assets- (loss) / gain (1.72) 0.00 0.65 10.61
` in Crore
` in Crore
` in Crore
263
IX. (iii) 31.03.2012 31.03.2013 31.03.2014 31.03.2015fiNys o"kksaZ 2012&15 ds fy, dks dks dks dkslekIr o"kZ lekIr o"kZ lekIr o"kZ lekIr o"kZNqêh HkqukbZ
ck/;rk dk orZeku ewY;
;kstuk vkfLr;ka
vf/k'ks"k ¼?kkVk½
;kstuk ns;rkvksa ij vuqHko lek;kstu ¼gkfu@ykHk½
;kstuk vkfLr;ksa ij vuqHko le;kstu ¼gkfu@ykHk½
218.06 236.22 200.69 154.58
0.00 0.00 0.00 0.00
218.06 (236.22) (200.69) (154.58)
18.17 2.23 4.39 (8.15)
0.00 0.00 0.00 0.00
( )` djksM+ esa
;kstuk vkfLr;ksa ds eq[; laoxZ isa'ku¼dqy ;kstuk vkfLr;ksa ds izfr'kr esa½ fuf/k fuf/k fuf/k fuf/k
2015-16 2014-15
minku isa'ku minku
Hkkjr ljdkj izfrHkwfr;k¡
jkT; ljdkj izfrHkwfr;k¡
Hkkjr ljdkj izfrHkwfr;k¡ vkSj jkT; ljdkj izfrHkwfr;k¡
mPp xq.koRrkokys dkiksZjsV ckaM
fo'ks"k tek ;kstuk
chekdrkZ }kjk izcaf/kr fuf/k;k¡
futh {ks= ds ckW.M
euh ekdsZV
dqy
— — — —
— — — —
46.04 22.60 35.08 12.80
0.22 0.26 22.19 13.08
0.00 0.00 0.00 0.00
53.74 77.14 42.47 73.84
0.00 0.00 0.00 0.00
0.00 0.00 0.26 0.28
100.00 100.00 100.00 100.00
( )` djksM+ esa
XI. vxys o"kZ ds nkSjku va'knku isa'ku minku vftZrfuf/k jkf'k Nqêh
vxys o"kZ ds nkSjku va'knku ij m|e dk loksZPp vuqeku 440.00 92.68 140.00
( )` djksM+ esa
7.1.3
31/03/2016 31/03/2015
(1.55) (68.01)
7.2
7.2.1
2015-16 2014-15
vU; nh?kZdkyhu deZpkjh ykHk
la- nh?kZdkyhu deZpkjh ykHk
dqy
uksV%
vuq"kaxh daifu;ka
baM cSad epsZaV cSafdax lfoZlst fyfeVsM
ifjHkkf"kr va'knku ;kstuk
fooj.k
cSad }kjk fu;qä Lora= chekadd }kjk chekafdd ewY;kadu ds vuqlkj nh?kZdkyhu deZpkjh ykHkksa ds fy, 1-55 djksM+ dh jkf'k ¼fiNys o"kZ 68-01 djksM+½ çnku @¼vofyf[kr½ dh xbZ rFkk bls ykHk ,oa gkfu ys[kk esa ÞdeZpkfj;ksa dks Hkqxrku vkSj muds fy, çko/kkuß 'kh"kZ ds rgr 'kkfey fd;k x;kA
o"kZ ds nkSjku fofHkUu nh?kZdkyhu deZpkjh ykHkksa gsrq cuk, x, ¼vofyf[kr½ vfrfjä çko/kkuksa dk fooj.k%
chekjh Nqêh
vkdfLed Nqêh
Nqêh ;k=k fj;k;r
'kkfey çdVhdj.k esa chekadd }kjk miyC/k djkbZ xbZ lwpuk dh lhek rd lhfer gSA
ifjHkkf"kr va'knku ;kstuk gsrq va'knku ftls o"kZ ds fy, O;; ekuk x;k] fuEuizdkj izLrqr gS %
Hkfo"; fuf/k dks fu;ksDrk dk va'knku
` `
1 (0.21) (70.39)
2 (0.27) 0.23
3 (1.07) 2.15
2836695 2649362
`
( )` djksM+ esa
264
IX. (iii) Previous Years 2012-15 Year ended Year ended Year ended
Leave Encashment 31.03.2013 31.03.2014 31.03.2015
Year ended
31.03.2012
Present Value of obligation 218.06 236.22 200.69 154.58
PlanAssets 0.00 0.00 0.00 0.00
Surplus/ (Deficit) 218.06 (236.22) (200.69) (154.58)
Experience adjustments on plan liabilities- (loss) / gain 18.17 2.23 4.39 (8.15)
Experience adjustments on plan assets- (loss) / gain 0.00 0.00 0.00 0.00
` in Crore
MAJOR CATEGORIES OF PLAN ASSETS
(AS PERCENTAGE OF TOTAL PLAN ASSETS)
Pension Gratuity Pension Gratuity
Fund Fund Fund Fund
2015-16 2014-15
Government of India Securities — — — —
State Government Securities — — — —
Government of India Securities and State Government Securities 46.04 22.60 35.08 12.80
High Quality Corporate Bonds 0.22 0.26 22.19 13.08
Special Deposit Scheme 0.00 0.00 0.00 0.00
Funds managed by Insurer 53.74 77.14 42.47 73.84
Private Sector Bonds 0.00 0.00 0.00 0.00
Money Market 0.00 0.00 0.26 0.28
Total 100.00 100.00 100.00 100.00
` in Crore
XI. CONTRIBUTION DURING NEXT YEAR Pension Gratuity EarnedFund Fund Leave
Enterprises best estimate of contribution during next year 440.00 92.68 140.00
` in Crore
7.1.3 Other Long Term Employee Benefits
No. Long Term Employee Benefits 31/03/2016 31/03/2015
Total (1.55) (68.01)
Note:
7.2 SUBSIDIARY COMPANIES
7.2.1 INDBANK MERCHANT BANKING SERVICES LTD
Defined Contribution Plan
Details 2015-16 2014-15
Amount of 1.55 crore (previous year 68.01 crore) is provided / (written back) towards Long Term Employee Benefits as per theactuarial valuation by the independent Actuary appointed by the Bank and is included under the head “Payments to and Provisionsfor Employees” in Profit and LossAccount.
Details of additional Provisions made / (written back) for various long Term Employee Benefits during the year:
1 Sick Leave (0.21) (70.39)
2 Casual Leave (0.27) 0.23
3 Leave Travel Concession (1.07) 2.15
Disclosures included are limited to the extent of information provided by the Actuary.
Contribution to Defined Contribution Plan, recognized as expense for the year are as under:
Employer’s contribution to Provident Fund 2836695 2649362
` `
`
` in Crore
265
2015-16 2014-15 2015-16 2014-15
5153722 4535480 4740493 5915380
514581 525733 371522 475057
412298 362838 359923 513052
501672 831436 149886 (2162996)
(506325) (1101765) - -
- - - -
6075948 5153722 5621824 4740493
fooj.k minku NqV~Vh HkqukbZ
¼fuf/kd½ ¼xSj&fuf/kd½
o"kZ ds vkjaHk esa ifjHkkf"kr ykHk ck/;rk
orZeku lsok ykxr
C;kt ykxr
chekafdd ¼ykHk½@ gkfu
iznRr ykHk
fuiVku ykxr
o"kZ ds var esa ifjHkkf"kr ykHk ck/;rk
4196669 4439521
424963 388756
2604192 470157
- -
(506325) (1101765)
- -
6719499 4196669
424963 388756
fooj.k minku ¼fuf/kd½
2015-16 2014-15
o"kZ ds vkjaHk esa ;kstuk vkfLr;ksa dk mfpr ewY;;kstuk vkfLr;ksa ij izR;kf'kr izfrQyva'knkuchekafdd ¼ykHk½@ gkfuiznRr ykHkfuiVku ykxro"kZ ds var esa ;kstuk vkfLr;ksa dk mfpr ewY;;kstuk vkfLr;ksa ij okLrfod izfrQy
II) ;kstuk vkfLr;ksa ds vFk'ks"k o bfr'ks"k ds mfpr ewY; dk ys[kk lek/kku
III) vkfLr;ksa o ck/;rkvksa ds mfpr ewY; dk ys[kk lek/kku
6719499 4196669 5621824 4740493
6075948 5153722 4740493 5915380
643551 (957053) 881331 (1174887)
fooj.k minku NqV~Vh HkqukbZ
¼fuf/kd½ ¼xSj&fuf/kd½)
2015-16 2014-15 2015-16 2014-15
;kstuk vkfLr;ksa dk mfpr ewY;
ck/;rk dk orZeku ewY;
rqyu&i= esa vfHkKkr jkf'k
IV) o"kZ ds nkSjku vfHkKkr O;;
514581 525733 371522 475057
412298 362838 359923 513052
424963 388756 - -
501672 831436 149886 (2162996)
1003588 1331251 881331 -1174887
fooj.k minku NqV~Vh HkqukbZ
¼fuf/kd½ ¼xSj&fuf/kd½
¼ykHk½ @gkfu
2015-16 2014-15 2015-16 2014-15
orZeku lsok ykxr
C;kt ykxr
;kstuk vkfLr;ksa ij izR;kf'kr izfrykHk
chekadd
fuoy ykxr
V) chekadd vuqeku
1994- 96 1994-96 1994-96 1994-96
8% 8% 7.70% 7.80%
8% 8% - -
5% 5% 5% 5%
1% to 3% 1% to 3% 7% 7.70%
fooj.k minku ¼fuf/kd½ NqV~Vh HkqukbZ ¼xSj&fuf/kd½
2015-16 2014-15 2015-16 2014-15
e`R;q la[;k lkj.kh ¼ thchfu ½
¼ vafre ½ ¼ vafre ½ ¼ vafre ½ ¼ vafre ½
cV~Vk nj ¼ izfro"kZ ½
izfrykHk dh izR;kf'kr nj ¼ izfro"kZ ½
osru o`f) nj ¼ izfro"kZ ½
lsokR;kx nj
ifjHkkf"kr ykHk ;kstukifjHkkf"kr ykHk ck/;rk ds vFk'ks"k o bfr'ks"k dk ys[kk lek/kkui)
`
`
`
`
`
266
2015-16 2014-15 2015-16 2014-15
Defined benefit obligation at the beginning of the year 5153722 4535480 4740493 5915380
Current service cost 514581 525733 371522 475057
Interest cost 412298 362838 359923 513052
Actuarial (gain)/ loss 501672 831436 149886 (2162996)
Benefits paid (506325) (1101765) - -
Settlement cost - - - -
Defined benefit obligation at the year end 6075948 5153722 5621824 4740493
Details Gratuity Leave Encashment
(Funded) (Unfunded)
Fair value of plan assets at the beginning of the year 4196669 4439521
Expected return on plan assets 424963 388756
Contributions 2604192 470157
Actuarial (gain)/ loss - -
Benefits paid (506325) (1101765)
Settlement cost - -
Fair value of plan assets at year end 6719499 4196669
Actual return on plan assets 424963 388756
Details Gratuity (Funded)
2015-16 2014-15
II) Reconciliation of opening and closing balances of fair value of plan assets
III) Reconciliation of fair value of assets and obligations
Fair value of plan assets 6719499 4196669 5621824 4740493
Present value of obligation 6075948 5153722 4740493 5915380
Amount recognized in Balance Sheet 643551 (957053) 881331 (1174887)
Details Gratuity Leave Encashment
(Funded) (Unfunded)
2015-16 2014-15 2015-16 2014-15
IV) Expense recognized during the year
Current Service Cost 514581 525733 371522 475057
Interest Cost 412298 362838 359923 513052
Expected return on plan assets 424963 388756 - -
Actuarial (gain) / loss 501672 831436 149886 (2162996)
Net Cost 1003588 1331251 881331 -1174887
Details Gratuity Leave Encashment
(Funded) (Unfunded)
2015-16 2014-15 2015-16 2014-15
V) Actuarial assumptions
Mortality Table (LIC) 1994- 96 1994-96 1994-96 1994-96
(Ultimate) (Ultimate) (Ultimate) (Ultimate)
Discount rate (per annum) 8% 8% 7.70% 7.80%
Expected rate of return (per annum) 8% 8% - -
Rate of escalation of salary (per annum) 5% 5% 5% 5%
Attrition Rate 1% to 3% 1% to 3% 7% 7.70%
Details Gratuity (Funded) Leave Encashment (Unfunded)
2015-16 2014-15 2015-16 2014-15
Defined Benefit Plan
I) Reconciliation of opening and closing balances of Defined benefit obligation `
`
`
`
267
eqnzkLQhfr] ofj"Brk] inksUufr ,oa fu;kstu cktkj esa vkiwfrZ vkSj ekWax lfgr vU; lacaf/kr ?kVdksa dks /;ku esa j[krs gq, chekadd ewY;kadu esa osru esa o`f) dh nj dkvuqeku yxk;k x;k gSA izfrykHk dh izR;kf'kr nj dfri; ykxw ?kVdksa] eq[;r% /kkfjr ;kstuk vkfLr;ksa dk lfEeJ.k] fu/kkZfjr tksf[keksa] ;kstuk vkfLr;ksa ij izfrykHk ds,sfrgkfld ifj.kke vkSj ;kstuk vkfLr;ksa gsrq daiuh dh uhfr dks /;ku esa j[kdj fu/kkZfjr dh xbZ gSA ewy daiuh ls izfrfu;qDr LVkQ ds laca/k esa lsok fuo`fRr ykHk ns;rkdk ogu ewy daiuh }kjk fd;k tk,xkA
daiuh us o"kZ 2015&16 esa minku ns;rk dh vksj 20-27 yk[k ¼ fiNys o"kZ 6-37 yk[k ½ dk va'knku fn;k gSA
minku fuf/k dh vksj daiuh dh ck/;rk ,oa chekadd ewY;kadu ds C;kSjs %
dqy foxr lsok minku
foxr lsok minku chekadd ewY;
thou chek fuxe esa minku fuf/k
thou chek fuxe dks ns; va'knku 'kwU;o"kZ ds nkSjku ÁnRr va'knku 'kwU;'ks"k ns; 'kwU;ÁnRr Tkksf[ke Áhfe;e ,oa lsokdjvuqekucV~Vk nj 8 izfr'kr izfro"kZ pdzo`f)osru esa o`f) dk iwokZuqeku 8 izfr'kr izfro"kZ pdzo`f)
ys[kkdj.k ekudksa laca/kh Hkkjrh; fjtoZ cSad ds fn'kkfunsZ'kksa ds vuqlkj] ewy daiuh ds ifjpkyuksa dks vFkkZr Vªs'kjh dks lfEefyr dj dkjksckj lsxesaV] dkiksZjsV @FkksdcSafdax] [kqnjk cSafdax rFkk vU; cSafdax ifjpkyu dks izkFkfed lsxesaV esa vkSj HkkSxksfyd lsxesaV esa ns'kh vkSj varj jk"Vªh; dks lfEEfydj xkS.k lsxesaV esa oxhZd`r fd;k x;kgSA vuq"kafx;ksa ds ifjpkyuksa dks dkjksckj lsxesaV esa vU; cSafdax ifjpkyu ds v/khu vkSj HkkSxksfyd lsxesaV ds v/khu ^^ns'kh^^ ds v/khu oxhZd`r fd;k x;k gSA
` `
7.2.2
8.
1 4,56.272
2 4,56,273
3 7,73,180
4
5
6
7 1,121
8
baMcSad gkmflax fy-
lsxesaV fjiksfVZax ¼ ,,l 17 ½ ¼lesfdr½
2015-16 2014-15 2015-16 2014-15 2015-16 2014-15 2015-16 2014-15 2015-16 2014-15
jktLo
ifj.kke
vukcafVrO;;ifjpkyuxr ykHk
vYila[;d fgr
vU; vukcaVuh;vk;vk; dj
viokn Lo:iensa
fuoy ykHk
vU; tkudkjh[k.Mh; vkfLr;kavukcafVrvkfLr;kadqy vkfLr;ka[k.Mh;ns;rk,avukcafVrns;rk,avkjf{kr iwath ovf/k'ks"kdqy ns;rk,a
4591.80 3970.83 7122.37 7161.73 6132.23 5966.69 186.80 126.31 18033.20 17225.55
978.11 671.45 1030.81 1 238.35 844.41 986.90 182.37 113.71 3035.70 3 010.41
.08 193035.72
2077.27 1 532.40
958.43 1 478.01
- 0 .97 -1.75
37.74 37.06
243.92 464.56
751.28 1 048.76
54996.87 48250.98 82193.10 80320.03 67326.00 65078.44 1.06 - 449.31 204517.03 193200.14
- 575.95 - 164.42
203941.08 193035.72
54674.80 47898.96 7 693.98 70348.07 58941.26 56730.36 230.71 4.05 185540.75 174981.44
2140.55 3025.32
16259.78 15028.96
203941
0.00 0.00
lsxesaV fjiksfVZax
Hkkx ,O;kikj[k.M
Vªs'kjh dkiksZjsV@Fkksd cSafdax
[kqnjk cSafdax vU; cSafdaxifjpkyu dqy
( )` djksM+ esa
`
268
The estimates of rate of escalation in salary considered in actuarial valuation, take into account inflation, seniority, promotion andother relevant factors including supply and demand in the employment market. The expected rate of return is determined consideringseveral applicable factors, mainly the composition of plan assets held, assessed risks, historical results of return on plan assets andthe company s policy for plan assets management. The retirement benefit liability in respect of staff on deputation from Indian Bank isborne by Indian Bank.
The company has contributed 20.27 Lakhs (previous year - 6.37 lakhs) towards Gratuity liability in the year 2015-16.
Companys obligation towards Gratuity Fund and details of actuarial valuation:
1 Total past service gratuity 4,56,272
2 Actuarial value past service gratuity 4,56,273
3 Gratuity Fund with LIC 7,73,180
4 Contribution payable to LIC NIL
5 Contribution paid during the year NIL
6 Balance payable NIL
7 Risk premium and service tax paid 1,121
8 Assumptions
Discounting rate 8% p.a. compound
Projections of salary increase 8% p.a. compound
As per the Reserve Bank of India guidelines on Accounting Standards, the Parents operations are classified into primary segments,ie., the business segment comprising of Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations andSecondary segment being the geographical segment comprising of Domestic and International. The operations of the subsidiariesare classified under Other Banking Operations in Business segments and under Domestic in Geographical segment.
R R
7.2.2 INDBANK HOUSING LTD
8. SEGMENT REPORTING -AS 17 (CONSOLIDATED)
2015-16 2014-15 2015-16 2014-15 2015-16 2014-15 2015-16 2014-15 2015-16 2014-15
Revenue 4591.80 3970.83 7122.37 7161.73 6132.23 5966.69 186.80 126.31 18033.20 17225.55
Result 978.11 671.45 1030.81 1 238.35 844.41 986.90 182.37 113.71 3035.70 3 010.41
Unallocated
expe
.08 193035.72
nses 2077.27 1 532.40
Operating profit 958.43 1 478.01
Minority interest - 0 .97 -1.75
37.74 37.06
243.92 464.56
751.28 1 048.76
54996.87 48250.98 82193.10 80320.03 67326.00 65078.44 1.06 - 449.31 204517.03 193200.14
- 575.95 - 164.42
203941.08 193035.72
54674.80 47898.96 7 693.98 70348.07 58941.26 56730.36 230.71 4.05 185540.75 174981.44
2140.55 3025.32
Capital reserves
& Surplus 16259.78 15028.96
203941
Other unallocable
income
Income Taxes
Exceptional
Item 0.00 0.00
Net Profit
Other information
Segment Assets
Unallocated
assets
Total assets
Segment
Liabilities
Unallocated
liabilities
Total liabilities
Segment Reporting
Part ABusinessSegments
TreasuryCorporate/WholesaleBanking
Retail BankingOther Banking
operationsTotal
(` in Crore)
`
269
ns'kh varjkZ"Vªh; dqy
2015-16 2014-15 2015-16 2014-15 2015-16 2014-15
17747.55 16907.86 285.65 317.69 18033.20 17225.55
1 94869.37 1 84821.43 9071.71 8214.29 203 941.08 1 93035.72
jktLo
vkfLr;ka
- tgka izR;{k vkcaVu laHko ugha gS] [k.Mh; jktLo vkSj O;;ksa dks [k.Mh; vkfLr;ksa ds vk/kkj ij izHkkftr fd;k x;k gSA tgk¡ Hkh vko';d gks] fiNys o"kZ ds vk¡dMksa dksiqu%lewfgr fd;k x;k gSA
Hkkx ch & HkkSxksfyd [k.M
9.
9.1
9.2
9.2.1
9.2.2
9.3
10.
10.1
10.2
10.2.1
lacaf/kr ikVhZ izdVhdj.k ¼, ,l 18½
ewy laLFkk
eq[; Áca/kdh; dkfeZd
eq[; izca/kdh; dkfeZd
iV~Vs ij fy, x, vkfLr;ksa ds laca/k esa
Jh Vh-,e Hklhu Áca/k funs'kd ,oa eq[; dk;Zikyd vf/kdkjh ¼10-06-2015 rd½
Jh ch jkt dqekj dk;Zikyd funs'kd ¼31-05-2015 rd½
Jh egs'k dqekj tSu dk;Zikyd funs'kd ¼01-11-2015 rd½ vkSj Áca/k funs'kd ,oaeq[; dk;Zikyd vf/kdkjh ¼02-11-2015 ds izHkko ls½
Jh vkj lqczef.k; dqekj dk;Zikyd funs'kd ¼22-01-2016 ds izHkko ls½
Jh , ,l jktho dk;Zikyd funs'kd ¼22-01-2016 ds izHkko ls½
izeq[k izca/kdh; dkfeZdksa dks o"kZ ds nkSjku 67-27 yk[k ds ikfjJfed dk Hkqxrku fd;k x;k ¼fiNys o"kZ 72-00 yk[k½
Jh cufcgkjh iaMk izsflMsaV ,oa iw.kZdkfyd funs'kd ¼01-04-2015 ls 30-11-2015 rd½
Jh , ds cktis;h izsflMsaV ,oa iw.kZdkfyd funs'kd ¼23-12-2015 ls 31-03-2016 rd½
izeq[k izca/kdh; dkfeZd dks o"kZ ds nkSjku 22-13 yk[k ds ikfjJfed dk Hkqxrku fd;k x;k ¼fiNys o"kZ 14-15 yk[k½
daiuh ds çsflMsaV ,oa iw.kZdkfyd funs'kd bafM;u cSad ls çfrfu;qfä ij gS rFkk mi;qZä cSad ds lfoZl fu;e ds vuqlkj rFkk daiuh ds 'ks;j/kkjdksa }kjk iw.kZdkfydfuns'kd ds :i esa fu;qfä ds vuqlkj ikfjJfed fn;k tkrk gSA
daiuh ds çca/k funs'kd bafM;u cSad ls çfrfu;qfä ij gS rFkk og viuk ikfjJfed ml daiuh ds çsflMsaV ds :i esa bafM;u cSad epsZUV cSafdax lfoZl fyfeVsM ls ikrs gSAvr% bl daiuh }kjk ikfjJfed dk Hkqxrku ugha fd;k tkrk gSA
vU; lacaf/kr ikfVZ;k¡ ljdkj fu;af=r m|e gSa vkSj bl dkj.k ,,l&18 ds iSjkxzkQ 9 ds vuqlkj dksbZ izdVhdj.k visf{kr ugha gSA vkxs] ,,l&18 ds isjkxzkQ 5 dsvuqlkj cSadj&xzkgd laca/k ds Lo:i ds ysunsuksa dks izdV djuk visf{kr ugha gSA
,½ iV~Vs@fdjk, ij yh xbZ lEifRr;k¡] cSad dh bPNkuqlkj uohÑr@jn~n djus ;ksX; gSaA
ch½ cSad ds uke ij fy, x, iêksa dh lger vofèk ds lkFk iês dh vofèk ds nkSjku lger dSysaMj ekg dk fyf[kr uksfVl nsdj iês dks fujLr djus dk çkoèkku gSA
lh½ ifjpkyuxr iêksa ds fy, çnÙk fdjk;s dks rRlacaèkh o"kZ ds ykHk ,oa gkfu [kkrs esa O;; ds :i esa j[kk tkrk gSA o"kZ ds nkSjku Loh—r iêk fdjk;k 157-68 djksM+#i;s ¼foxr o"kZ 124-73 djksM+ #i;s½ gSA
iV~Vs ij fy, x, vkfLr;ksa ds laca/k esa] daiuh] ewy laLFkk ds lkFk fofHkUu dk;kZy; ifjljksa ds fy, ifjpkyukRed iV~Vs j[krk gSA o"kZ dh lekfIr ij] jn~n ugha fd, tkldusokys ifjpkyukRed iV~Vs ds rgr] vko';d Hkkoh U;wure Hkqxrku fuEuor~ gSa&
` `
vuq"kaxh daiuh %
baMcSad epsZaV cSafdax lfoZlst fy-
bafM;u cSad gkmflax fyfeVsM
iV~Vs ¼,,l 19½
ewy laLFkk
vuq"kaxh daifu;ka
baMcSad epsZaV cSafdax lfoZlst fy-
` `
270
Domestic International Total
2015-16 2014-15 2015-16 2014-15 2015-16 2014-15
Revenue 17747.55 16907.86 285.65 317.69 18033.20 17225.55
Assets 1 94869.37 1 84821.43 9071.71 8214.29 203 941.08 1 93035.72
- Segment Revenue and expenses have been apportioned on the basis of segmental assets, wherever direct allocation is notpossible. Previous year figures have been re-grouped wherever necessary.
Part B Geographic Segments
9. RELATED PARTY DISCLOSURES (AS 18)
9.1 PARENT
Key Managerial Personnel:
9.2 SUBSIDIARY COMPANIES
9.2.1 INDBANK MERCHANT BANKING SERVICES LTD
Key Managerial Personnel:
9.2.2 IND BANK HOUSING LTD.
.
9.3
10. LEASES (AS 19)
10.1 PARENT
10.2 SUBSIDIARY COMPANIES
10.2.1 INDBANK MERCHANT BANKING SERVICES LTD
Shri. T M Bhasin Managing Director & Chief Executive Officer (upto 10.06.2015)
Shri B Raj Kumar Executive Director (upto 31.05.2015)
Shri Mahesh Kumar Jain Executive Director (upto 01.11.2015) &Managing Director & Chief Executive Officer (w.e.f. 02.11.2015)
Shri R Subramania Kumar Executive Director (w.e.f. 22.01.2016)
ShriAS Rajeev Executive Director (w.e.f. 22.01.2016)
Remuneration paid to Key Management Personnel during the year 67.27 lakhs (Previous-year - 72.00 lakhs)
Shri Banabihari Panda President & Whole Time Director (from 01.04.2015 to 30.11.2015)
ShriAK Bajpai President & Whole Time Director (from 23.12.2015 to 31.03.2016)
Remuneration paid to Key Management Personnel during the year 22.13 lakhs (Previous-year - 14.15 lakhs)
President and Whole Time Director of the Company is on deputation from Indian Bank and the remuneration is in accordance withthe service rules of the said Bank and also in terms of appointment as 'Whole Time Director' by the Shareholders of the Company.
Managing Director of the Company is on deputation from Indian Bank and is drawing remuneration from Ind Bank Merchant BankingServices Ltd. as President of that Company. Hence no remuneration is paid by this Company
Other related parties are State controlled Enterprises and hence no disclosures are required as per paragraph 9 of AS 18.Further, in terms of paragraph 5 of AS 18, transactions in the nature of banker-customer relationship are not required to bedisclosed.
a) The properties taken on lease / rental basis are renewable / cancellable at the option of the Bank.
b) The leases entered into by the Bank are for agreed period with an option to terminate the leases even during the currency oflease period by giving agreed calendar months notice in writing.
c) Lease rent paid for operating leases are recognized as an expense in the Profit & Loss account in the year to which it relates.The lease rent recognized during the year is 157.68 crores (Previous year – 124.73 Crore).
In case of assets taken on lease
The company has operating leases for office premises at various locations with the Parent. The future minimum payments requiredunder non-cancellable operating leases at year-end are as follows:
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271
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19.90 20.76
0.00 0.00
0.00 0.00
0.00 0.00
714.51 1013.46
480291651 480291651
480291651 464890798
14.87 22.55
14.87 22.55
10.00 10.00
1. 70.92 186.60
yk[kksa esa
o"kZ ds fy, iV~Vk Hkqxrku
U;wure iV~Vk Hkqxrku %
,d lky ds ckn dk ugha
,d lky ds ckn ijarq ikap lky ls vf/kd ugha
ikap lky ds ckn
bZfDoVh 'ks;j/kkjdksa gsrq miyC/k dj ds ckn fuoy ykHk ¼ djksM+ esa½
bZfDoVh 'ks;jksa dh la[;k
bZfDoVh 'ks;jksa dh Hkkfjr la[;k
ewy vtZu izfr 'ks;j
izfr 'ks;j de fd;k x;k vtZu
izfr bZfDoVh 'ks;j vafdr ewY;
lesfdr foRrh; fooj.k ys[kk ekud ¼,,l 21½ ds vuqlkj rS;kj fd, x, gSaA ^^lesfdr foRrh; fooj.k^^ dks Hkkjrh; lunh ys[kkdkj laLFkk ¼vkbZlh,vkbZ½ }kjk tkjh
lesfdr foRrh; fooj.kksa vkSj lesfdr foRrh; fooj.kksa dks rS;kj djus ij Hkkjrh; fjtoZ cSad }kjk tkjh fn'kkfunsZ'kksa ds leuq:i fd, x, gSaA
31-03-2016 dks lesfdr vkadM+ksa esa nks lg;ksfx;ksa ;Fkk esllZ iYyou xzke cSad o esllZ lIrfxjh xzkeh.k cSad ds 36-76 djksM+ #i;s dk ykHk ys[kk ijhf{kr ugha gS
MhVh, ¼vkLFkfxr dj vkfLr;k¡½ @ MhVh,y ¼vkLFkfxr dj ns;rk,¡½ ds eq[; ?kVd fuEu izdkj gSa %
djksM+ esa
Hkqxrku@fØLVkbysts'ku ij vuqes;] ns;rkvksa dk izko/kku
viz;qDr vodk'k ds fy, izko/kku
foxr o"kksZa esa lafnX/k _.kksa ds fy, nkok ugha fd;s x, HkRrs
fLFkj vkfLr;ksa ij ewY;gªkl
ljdkjh izfrHkwfr;ksa ij C;kt
cV~Vs [kkrs esa Mkyh xbZ vkfLr;ksa gsrq izko/kku
LVkQ dY;k.k O;;
vk; dj vf/kfu;e] 1961 dh /kkjk 36 ¼ ½ ¼ ½ ds v/khu fo'ks"k vkjf{kfr;ksa ij MhVh,y
31.03.2016 31.03.2015
11.
2015-16 2014-15
12.
13.
13.1
31.03.2016 31.03.2015
dks dks
fooj.k
MhVh, @ MhVh,y la?kVd
?kVd
vkLFkfxr dj vkfLr;ka
dqy&MhVh,
vkLFkfxr dj ns;rk,a
dqy & MhVh,y
fuoy MhVh, @ MhVh,y
izfr 'ks;j vtZu ¼,,l 20½
lesfdr foRrh; fooj.k ¼,,l 21½
vk; ij djksa ds fy, ys[kkdj.k ¼,,l 22½
ewy laLFkk
`
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i viii
2. 0.00 0.56
3. 0.28 0.00
1. 61.04 56.07
2. 0.00 283.04
3. 504.21 504.21
4. 5.71 5.71
5. *. 213.11 203.42
71.20 187.16
784.07 1052.45
(712.88) (865.28)
272
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in lakhs
Lease payments for the year 19.90 20.76
Minimum Lease payments:
Not later than one year 0.00 0.00
Later than one year but not later than five years 0.00 0.00
Later than five years 0.00 0.00
Net Profit after tax available for equity shareholders ( Crore) 714.51 1013.46
Number of Equity Shares 480291651 480291651
Weighted Number of equity shares 480291651 464890798
Basic Earning Per Share 14.87 22.55
Diluted Earning Per Share 14.87 22.55
Nominal value per Equity Share 10.00 10.00
The consolidated financial statements are prepared in accordance with the Accounting Standard (AS 21). “Consolidated Financial
Statements” issued by the Institute of Chartered Accountants of India (ICAI) and the guidelines issued by the Reserve Bank of India
on preparation of Consolidated Financial Statements.
Consolidated figures as on 31.03.2016 includes unaudited profit of 36.76 crore of three Associates viz, M/s Pallavan Grama
Bank , M/s Sapthagiri Grameena Bank and Puduvai Bharathiar Grama Bank.
The major components of DTA (Deferred Tax Assets) / DTL (Deferred Tax Liabilities) are as follows:
in Crore
Deferred Tax Assets
1. Liabilities provision allowable on payment /crystallization 70.92 186.60
As on 31.03.2016 As on 31.03.2015
11. EARNINGS PER SHARE (AS 20)
Particulars 2015-16 2014-15
12. CONSOLIDATED FINANCIAL STATEMENT (AS 21)
13. ACCOUNTING FOR TAXES ON INCOME (AS 22)
13.1 PARENT
DTA / DTL components
Components 31.03.2016 31.03.2015
2. Provision for unutilized leave 0.00 0.56
3. Unclaimed allowance for doubtful debts in prior years 0.28 0.00
1. Depreciation on Fixed Assets 61.04 56.07
2. Interest on Government securities 0.00 283.04
3. Provision for Written-off Accounts 504.21 504.21
4. Staff Welfare Retrieval 5.71 5.71
5. DTL on Special Reserves u/s 36(i)(viii) of Income Tax Act, 1961 213.11 203.42
TOTAL- DTA 71.20 187.16
Deferred Tax Liabilities
TOTAL – DTL 784.07 1052.45
NET DTA/ (DTL) (712.88) (865.28)
273
13.2
13.2.1
31.3.2016 31.3.2015
76623585 34457693 79091907 35785016
42165892 43306891
14.
14.1
15
16.
17.
2015-16 2014-15
9.15 6.16
18 :
19
20.
21
I) 34457693 35785016
ii) 74114716 77371858
iii) 2508869 1720049
.
I.
ii.
1 5.18 2.52
2 3.62 3.17
3 0.35 0.47
. 11.03. 2015
75/21.04.048/2014-15 52.75
31.03.2016
.
.
vuq"kaxh daifu;ka
baMcSad epsZaV cSafdax lfoZl fy-
,,l 24 ds vUrxZr izdVhdj.k vis{kk,a & can ifjpkyu
baMcSad epsZaV cSafdax lfoZl fy-
ewy laLFkk
cSad ,';wjsUl dkjksckj
ewy laLFkk
vfrfjDr izdVhdj.k
vkLFkfxr dj ifjlaifRr@ns;rk ds eq[; ?kVd fuEu izdkj gaSA
ewY;gzkl&;ksX; vkfLr;ksa esa le; dk varj
v'kks/; _.kksa o ,uih, ds fy, izko/kku
vU;
daiuh us fnlacj 1997 ls ykxw gq, lsch fofu;eu ds QyLo:i fuf/k vk/kkfjr fØ;kdykiksa dks can fd;k vkSj dsoy 'kqYd vk/kkfjr fØ;kdykiksa dks ysus dk fu.kZ; fy;kFkkA fnlacj 1997 rd fo|eku fuf/k vk/kkfjr ,dLikst+j mudh lafonkÑr vof/k lekIr gksus rd tkjh j[ks x, gSaA LFkk;h tekvksa dh iqujnk;xh vkSj nkok u dh xbZLFkk;h tekvksa dks tc dHkh mudk nkok fd;k tkrk gS] mudh iqujnk;xh djus ds fy, ,d jk"Vªh;Ñr cSad esa ,LØks [kkrs esa varj.k djus ds ckn daiuh us Hkkjrh; fjt+oZcSad ls ,uch,Qlh ds :i esa iathdj.k ds jn~n fd;s tkus dh vuqefr izkIr dh gSA vc daiuh dsoy lsch fofu;euksa }kjk fu;af=r gSA
O;kikj ?kVdksa dks lsok dk Lo:i laxBukRed lajpuk vkSj vkarfjd foRrh; fjiksfVZax iz.kkyh dks /;ku eas j[krs gq, izkFkfed [kaM ds :i esa igpkuk x;k gSA fjiksVZ dh xbZO;kikj lsok dk oxhZdj.k **can fd;s tk jgs ifjpkyu** ¼fuf/k vk/kkfjr½ vkSj **tkjh ifjpkyu ¼'kqYd vk/kkfjr½ ds :i esa fd;k x;k gSA can fd;s tk jgs ifjpkyuksa esaiV~Vs ij nsuk] HkkMk [kjhnh] varj dkWiksZjsV tek,a ,oa fuos'k vkfn gSaA tkjh j[ks tkusokys ifjpkyuksa esa epsZaaV cSafdax] LVkWQ cSafdax] fu{ksikxkj izfrHkkxh lsok,a] foRrh;mRiknksa dk forj.k vkSj mlls lacaf/kr dk;Zdyki 'kkfey gSaA fjiksVZ djus ;ksX; dksbZ xkS.k [kaM ugha gSA
ewy cSad us 897-48 yk[k #i;s dh jkf'k dh pqdkSrh ds fy, 3 lky dh vfèkLFkxu vofèk flracj 2013 ls flracj 2016 rd dks eqvkfot+k dk vfèkdkj [kaM ds rgr31-03-2017 dks lekIr gksus okys o"kZ ls 'kq: gksus okyh çfr Nekgh 75 yk[k #i;s dh pqdkSrh dks vfèkLFkxu@pqdkSrh vofèk ds fy, fcuk fdlh C;kt çHkkj dsvuqeksfnr dj fn;k gS A vr% orZeku foÙkh; o"kZ esa cfg;ksa esa dksbZ ns;rk ugha n'kkZ;k x;k gSA
fofo/k vk; esao"kZ ds nkSjku cV~Vs [kkrs esa Mkys x, [kkRkksa esa olwyh xbZ 247-42 djksM dh jkf'k 'kkfey gS ¼fiNys o"kZ 159-96 djksM½125-06 djksM+ ¼fiNys o"kZ -126-71 djksM+½ o"kZ ds nkSjku lalk/ku izHkkj dh olwyh gSA
fofHkUu cSad ,';wjsUl mRiknksa dh fcØ[email protected] ls] cSad us bl o"kZ ds nkSjku 9-15 djksM dk vk<+r dek;k ¼fiNys o"kZ ;g 6-16 djksM+½ FkkAdjksM+ esa
thou chek ikfylh cspus ds fy,
xSj&thou chek ikfylh cspus ds fy,
vU; & E;qpqvy QaM mRikn cspus ds fy,
vkfLr;ksa dh fcØh ij gksusokyh gkfu ,oa ykHk ds lEcU/k esa ifj.kke dks foÙkh; vkfLr;ksa dh fcØh ij Hkkjrh; fjtoZ cSad ds fnukadds ifji= la- chih-chlh- ds rRi'pkr fiNys o"kksaZ ds fy, fd, x, çko/kku dks çR;kofrZr fd;k gS rFkk blds ifj.kkeLo:i fn- dks lekIr o"kZ ds fy, ykHk ij çHkko iM+k gS-
31 ekpZ] 2015 dks lekIr foÙkh; o"kZ esa vuqikyu esa ykbZ xbZa ys[kk uhfr;ksa ds vuq:i 31 ekpZ] 2016 dks lekIr foÙkh; o"kZ ds foÙkh; ifj.kke fudkys x, gSa A
cSad ds ikl miyCèk tkudkjh ds vuqlkj] cSad }kjk igpku dh xbZ ,e,l,ebZ bdkb;ksa dks cSad ls dksbZ cdk;k ns; ugha gS] tksfd ,e,l,ebZMh vfèkfu;e] 2006ds rgr fuèkkZfjr le; lhek ds ckgj gS vkSj yafcr gS vkSj o"kZ ds nkSjku ,slh ikfVZ;ksa ds fy, ewy jkf'k dh Loh—r ns;rkvksa ds foyafcr Hkqxrku vFkok muij C;ktds dksbZ ekeys ntZ ugha fd, x,A
tgka Hkh vko';d gks] pkyw o"kZ ds vkadMs ds vuq:i cukus ds fy, fiNys o"kZ ds vkadM+ksa dks iqu% lewfgr@ iqu%oxhZÑr fd;k x;k gSA
`
`
`
vkLFkfxr dj
dks dks
vkfLr ns;rk,a vkfLr ns;rk,a
dqy
fuoy MhVh, @ ¼MhVh,y½
Øekad vk; dh izÑfr
dqqy
ewy laLFkk
` `
` `
` `
ewy laLFkk
274
13.2 SUBSIDIARY COMPANIES
13.2.1 INDBANK MERCHANT BANKING SERVICES LTD
Deferred Tax
As on 31.3.2016 As on 31.3.2015
Asset Liability Asset Liability
Total 76623585 34457693 79091907 35785016
NET DTA / (DTL) 42165892 43306891
14. DISCLOSURE REQUIREMENTS UNDERAS 24 – DISCONTINUED OPERATIONS
14.1 INDBANK MERCHANT BANKING SERVICES LTD
15
16. PARENT
17. BANCASSURANCE BUSINESS
PARENT
Sl. No. Nature of Income 2015-16 2014-15
Total 9.15 6.16
18 PARENT :
19
20. ADDITIONAL DISCLOSURES
PARENT
21
The major components of deferred tax asset/liability are as below:
i) Timing difference in depreciable assets 34457693 35785016
ii) Provision for Bad debts and NPAs 74114716 77371858
iii) Others 2508869 1720049
The Company had discontinued fund-based activities consequent to SEBI regulations coming into force with effect from December1997 and had decided to undertake only fee-based activities. The existing fund based exposures as on December 1997 arecontinued to run down to their contracted period. The Company had obtained cancellation of registration as NBFC from RBIconsequent to repayment of fixed deposits and transfer of unclaimed fixed deposits to an escrow account with a nationalised bank forrepayment as and when claimed. The Company is now governed only by SEBI regulations.
The business segments have been identified as the Primary Segment considering the nature of service, organisational structure andinternal financial reporting system. The services of the reported domestic business segments are classified as "Discontinuingoperations” (Fund Based) and "Continuing Operations” (Fee Based). Discontinuing operations consists of Leasing, Hire purchase,Intercorporate deposits and Investments. Continuing operations include Merchant Banking, Stock Broking, Depository Participantservices, Distribution of Financial Products and allied activities. There is no Secondary Reportable Segment.
. The parent Bank has approved a moratorium period of 3 years from September 2013 to September 2016 for repayment of theamount of 897.48 lakhs payable to them under the Right of Recompense clause with repayment of 75 lakhs per half year tocommence from the half year ending 31.03.2017 without any interest charge for the period of moratorium/repayment. Hence noliability has been provided in the books for the current financial year.
Miscellaneous income includes:
I. A sum of 247.42 Crore (previous year 159.96 Crore) being recovery in written off accounts
ii. 125.06 Crore (previous year 126.71Crore) being recovery of processing charges during the year
During the current year, the Bank has earned commission etc, to the extent of 9.15 Crore on sales/ marketing of variousBancassurance products (previous year 6.16 Crore).
in Crore
1 For Selling Life Insurance Policies 5.18 2.52
2 For selling Non-life insurance policies 3.62 3.17
3 Others – For selling Mutual Fund Products 0.35 0.47
. Pursuant to Reserve Bank of India circular No.DBR.No.BP.BC.75/21.04.048/2014-15 dt 11th March, 2015, on saleof financial assets regarding treatment of loss and profit made on sale of accounts, excess provision of earlier years of 52.75crore has been reversed and has a consequential impact on profit during the year ended 31.03.2016.
. The financial results for the year ended 31st March, 2016 have been arrived at following the sameAccounting Policies as thosefollowed for the year ended March 31, 2015.
As per information available with the Bank, there is no outstanding dues payable by the Bank to MSME units identified by theBank, which is pending beyond the time limit prescribed under MSMED Act, 2006 and there have been no reported cases ofaccepted liability of delayed payments of principal amount or interest thereon for such parties during the year.
. Previous year's figures have been regrouped / reclassified, wherever necessary, to conform to current year's figures.
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_
275
lsok esa]
geus bafM;u cSad vkSj bldh vuq"kafx;ksa vkSj lg;ksxh laLFkkvksa] ftUgsa vkxs lkewfgd:i ls lewg ds :i esa lanfHkZr dj fn;k x;k] dh layXu lesfdr foRrh; fooj.kksadh ys[kk ijh{kk dh gS vkSj lesfdr foRrh; fooj.kksa esa 31 ekpZ 2016 rd dklesfdr rqyui=] bl o"kZ gsrq lesfdr ykHk rFkk gkfu [kkrk vkSj lesfdr udnhizokg fooj.k] blds lkFk lkFkZd [kkrk uhfr;ksa dk lkj vkSj vU; fooj.kkRedlwpuk 'kkfey gSAlesfdr foRrh; fooj.k fuEuij vk/kkfjr gSA
, gekjs }kjk ys[kk ijhf{kr cSad ds foRrh; fooj.k
ch ys[kk ijh{kd }kjk ys[kk ijhf{kr nks vuq"kafx;ksa ds foRrh; fooj.k vkSj
lh ys[kk ijh{kd }kjk ys[kk ijhf{kr rhu lg;ksfx;ksa dk foRrh; fooj.k
izca/ku mu lesfdr foRrh; fooj.kksa dks rS;kj djrk gS tks Hkkjr esa lkekU;r%LohÑr ys[kkdj.k rRoksa ds vuqlkj lewg dh lesfdr foRrh; fLFkfr] lesfdrfoRrh; fu"iknu vkSj lesfdr udnh izokg dk lgh vkSj mfpr :i n'kkZrs gSaA blmRrjnkf;Ro esa bu lesfdr foRrh; fooj.kksa dks rS;kj djus ,oa izLrqr djus lslacaf/kr vkarfjd fu;a=.k ds fMtkbu] dk;kZUo;u vkSj j[kj[kko 'kkfey gS] tks lghvkSj fu"i{k n`'; fn[kkrs gSa ,oa tksfd rkfRod xyr dFkuksa ls] pkgs os /kks[kk/kM+h ;kxyrh ds dkj.k gks] eqDr gSaA
cSad }kjk bu lesfdr foRrh; fooj.kksa dks Hkkjrh; lunh ys[kkdkj laLFkku }kjktkjh ,,l 21 ¼lesfdr foRrh; fooj.k½] ,,l 23 ¼lesfdr foRrh; fooj.kksa esa,slksfl,V~l esa fuos'k gsrq ys[kkadu½ o ,,l 27 ¼la;qDr m|e esa C;kt dh foRrh;fjiksZfVax½ dh vko';drkvksa ,oa Hkkjrh; fjtoZ cSad }kjk tkjh fn'kkfunsZ'kksa dsvuqlkj cuk, x, gSaA
gekjh ys[kkijh{kk ds vk/kkj ij bu lesfdr foRrh; fooj.kksa ij viuh jk; O;Drdjuk gekjk mRrjnkf;Ro gSA Hkkjrh; lunh ys[kkdkj laLFkku }kjk ys[kkijh{k.kij tkjh ekudksa ds vuqlkj geus viuh ys[kkijh{kk dh gSA bu ekudksa ds vuqlkjgels vis{kk dh tkrh gS fd ge uSfrd vis{kkvksa dk ikyu djrs gSa vkSj bl;qfDr;qDr vk'oklu dh izkfIr ds fy, ys[kkijh{k.k dh vk;kstuk vkSj ys[kkijh{k.kdjrs gSa fd ;s foRrh; fooj.k rkfRod xyr dFkuksa ls eqDr gSaA
funs'kd eaMybafM;u cSad
lesfdr foRrh; fooj.kksa laca/kh fjiksVZ
lesfdr foRrh; fooj.kksa ds fy, Áca/ku dk mRrjnkf;Ro%
ys[kkijh{kdksa dh ftEesnkjh%
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.
.
ys[kkijh{kk dh ÁfØ;k esa lesfdr foRrh; fooj.kksa esa nh xbZ jkf'k;ksa vkSj izdVhdj.kls lacaf/kr ys[kkijh{kk Lkk{; izkIr fd;s tkrs gSaA izfØ;kvksa dk p;u ys[kkijh{kdksads fu.kZ; ij fuHkZj djrk gS] ftlesa lesfdr foRrh; fooj.kksa esa rkfRod xyrdFkuksa] pkgs os /kks[kk/kM+h ls gks ;k xyrh ls gkss] ds tksf[ke dk fu/kkZj.k djuk gSAbu tksf[keksa ds fu/kkZj.k esa] ys[kkijh{kd cSad }kjk lesfdr foRrh; fooj.kksa dkscukus vkSj mfpr izLrqrhdj.k ij fopkj djrk gS ftlls fd og ys[kkijh{k.kizfØ;kvksa dks fMt+kbu dj lds tks ifjfLFkfr;ksa ds lehphu gks] ysfdu lewg dhvkarfjd fu;a=.k ds fopkj dh vfHkO;fDr ds izHkko'khy mn~ns'; ds fy, ugha gSAiz;qDr ys[kkadu uhfr;ksa ds vkSfpR; dk ewY;kadu] izca/ku }kjk fd, x, ys[kkdj.kvuqekuksa dh ;qfDr;qDrrk] lkFk gh lesfdr foRrh; fooj.kksa dh lexz izLrqfr dkewY;kadu Hkh ys[kk&ijh{kk esa 'kkfey gSA
ge fo'okl djrs gSa fd geus tks ys[kkijh{kk lk{; izkIr fd, gSas] os i;kZIr gSa vkSjgekjh ys[kkijh{kk jk; ds fy, vk/kkj gsrq mi;qZDr gSaA
gekjh jk; esa] vkSj gekjh Js"Bre tkudkjh rFkk geas fn;s x, Li"Vhdj.kksa dsvuqlkj vkSj vuq"kafx;ksa gsrq nwljs ijh{kdksa ds fuEuksDr foRrh; fooj.kksa dks /;ku esaj[kdj] lesfdr foRrh; fooj.k Hkkjr esa lkekU;r% Lohdk;Z ys[kk iz.kkfy;ksa dsleuq:i lgh ,oa okLrfod fp= izdV djrk gSA
, 31 ekpZ 2016 dks lewg ds dk;ksZa ds lesfdr rqyu i= ds ckcr
ch ml rkjh[k dks cSad ds ykHk lac/kh lefsdr ykHk o gkfu ys[ks ds ckcr vkSj
lh ml rkjh[k dks cSad ds udnh izokg laca/kh lesfdr udnh izokg fooj.k dsckcr
geus fuEukafdr foRrh; foojf.k;ksa dk ys[kk ijh{k.k ugha fd;k gS%
, nks vuq"kafx;ksa ftudk foRrh; fooj.k 31 ekpZ 2016 rd 41-56 djksM+ dhdqy vfLr;ksa] 8-33 djksM+ dk dqy jktLo] vkSj fuoy udn cfgizzZokg jkf'klky ds lekfIr ij 'kwU; n'kkZrk gSA
ch lky dh lekfIr ij rhu lg;ksxh lewg ds fuoy ykHk dk 'ks;j 37-74djksM+ #i, n'kkZrs gSaA
bu foRrh; foojf.k;k¡ dk vU; ijh{kdksa }kjk ys[kk ijh{k.k fd;k x;k ftldh fjiksVZ gesaizca/ku }kjk izLrqr dh x;h gS vkSj gekjh jk; iw.kZr% vU; ys[kk ijh{kk dh fjiksVZ ijvk/kkfjr gSA
vfHker
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`
`
`
lesfdr foRrh; foojf.k;ksa ij Lora= ys[kk ijh{kdksa dh fjiksVZ
Ñrs ,l ih iqjh ,.M daiuhFor S. P. PURI & CO.
Chartered AccountantsFR No.001152N
lunh ys[kkdkj,Qvkj la-
fonqj iqjhVIDUR PURI
Partner( M. No. 090163)
lk>snkj,e-la-
Ñrs lh ds i`fLV ,.M vlksfl;sV~lFor C. K. PRUSTY & ASSOCIATES
Chartered AccountantsFR No.323220
lunh ys[kkdkj,Qvkj la- E
lk>snkj¼,e-la- ½
lh ds i`LrhC K PRUSTY
Partner
M. No 057318
Ñrs in~eukHku je.kh vkSj jkekuqteFor PADMANABHAN RAMANI & RAMANUJAM
Chartered AccountantsFR No.002510S
lunh ys[kkdkj,Qvkj la-
vkj in~eukHku
lk>snkj¼,e-la- ½
R PADMANABHANPartner
M. No 013216
Ñrs th ckyq vlksfl;sV~lFor G BALU ASSOCIATES
lunh ys[kkdkj,Qvkj la-
Chartered Accountants
FR No.000376S
th ckylqcze.;uG BALASUBRAMANYAN
lk>snkj,e-la-
Partner
( M No. 7628)
Ñrs izdk'k paUnz tSu ,.M daiuhFor PRAKASH CHANDRA JAIN & CO
lunh ys[kkdkj,Qvkj la-
Chartered Accountants
FR No.002438C
Ikh lh uyok;kP.C. NALWAYA
Partner
( M No. 033710 )
lk>snkj,e-la-
LFkku % psUuSPlace : Chennai
fnukad % Date : 11-05-2016
276
TOTHE BOARD OF DIRECTORSINDIAN BANK
Report on the Consolidated Financial Statements
Management’s Responsibility for the Consolidated FinancialStatements
Auditor’s Responsibility
1. We have audited the accompanying consolidated financialstatements of INDIAN BANK (“the Bank”) and its subsidiaries andassociates collectively hereinafter referred to as “the Group” andthe consolidated financial statements comprise the consolidatedBalance Sheet as at 31 March 2016, the Consolidated Profit andLossAccount and Consolidated Cash Flow Statement for the yearthen ended together with a summary of significant accountingpolicies and other explanatory information. The consolidatedfinancial statements are based on –
(a) Financial statements of the Bank audited by us;
(b) Financial statements of two subsidiaries audited by otherauditors; and
(c) Financial statements of three Associates audited by otherauditors.
2. Management is responsible for the preparation of theseconsolidated financial statements that give a true and fair view ofthe consolidated financial position, consolidated financialperformance and consolidated cash flows of the Group inaccordance with accounting principles generally accepted inIndia. This responsibility includes the design, implementation andmaintenance of internal control relevant to the preparation andpresentation of the consolidated financial statements that give atrue and fair view and are free from material misstatement,whether due to fraud or error.
3. These Consolidated Financial Statements have been prepared bythe Bank in accordance with the requirements of AS 21(Consolidated Financial Statements), AS 23 (Accounting forInvestment in Associates in Consolidated Financial Statements)andAS 27 (Financial Reporting of Interest in Joint Venture) issuedby the Institute of Chartered Accountants of India (ICAI) and theguidelines issued by the Reserve Bank of India.
4. Our responsibility is to express an opinion on these consolidatedfinancial statements based on our audit. We conducted our auditin accordance with the Standards on Auditing issued by theInstitute of Chartered Accountants of India. Those Standardsrequire that we comply with ethical requirements and plan andperform the audit to obtain reasonable assurance about whetherthe consolidated financial statements are free from materialmisstatement.
st
5. An audit involves performing procedures to obtain audit evidenceabout the amounts and disclosures in the consolidated financialstatements. The procedures selected depend on the auditors’judgement, including the assessment of the risks of materialmisstatement of the consolidated financial statements, whetherdue to fraud or error. In making those risk assessments, theauditors consider internal control relevant to the Group’spreparation and fair presentation of the consolidated financialstatements that give a true and fair view in order to design auditprocedures that are appropriate in the circumstances, but not forthe purposes of expressing an opinion on effectiveness of theGroup’s internal control. An audit also includes evaluating theappropriateness of accounting policies used and thereasonableness of the accounting estimates made bymanagement, as well as evaluating the overall presentation of theconsolidated financial statements.
6. We believe that the audit evidence we have obtained is sufficientand appropriate to provide a basis for our audit opinion.
7. In our opinion, and to the best of our information and according tothe explanations given to us and based on the considerations ofthe reports of the other auditors on the financial statements of thesubsidiaries as noted below, the consolidated financialstatements give a true and fair view in conformity with theaccounting principles generally accepted in India:
(a) in the case of the Consolidated Balance Sheet, of the state ofaffairs of the Group as at 31 March 2016;
(b) in the case of the Consolidated Profit and Loss Account, ofthe profit for the year ended on the date; and
(c) in the case of the Consolidated Cash Flow Statement, of thecash flows for the year ended on that date.
8. We did not audit the financial statements of-
a. Two Subsidiaries, whose financial statements reflect totalassets of 41.56 Crores as at 31st March 2016, totalrevenues of 8.33 Crores and net cash outflows amountingto NIL for the year then ended;
b. ThreeAssociates reflecting share of net profit of the Group of37.74 Crores for the year then ended.
These financial statements have been audited by other auditorswhose reports have been furnished to us by the Management, and ouropinion is based solely on the reports of the other auditors.
Opinion
Other Matters
st
`
`
`
Independent Auditors’ Report on the Consolidated Financial statements
For S. P. PURI & CO.Chartered Accountants
FR No.001152N
VIDUR PURIPartner
(M. No. 090163)
For C. K. PRUSTY & ASSOCIATESChartered Accountants
FR No.323220E
C.K. PRUSTYPartner
(M. No. 057318)
For PADMANABHAN RAMANI & RAMANUJAMChartered Accountants
FR No.002510S
R. PADMANABHANPartner
(M. No. 013216 )
For G. BALU ASSOCIATESChartered Accountants
FR No.000376S
G. BALASUBRAMANYANPartner
(M No. 7628 )
For PRAKASH CHANDRA JAIN & COChartered Accountants
FR No.002438C
P.C. NALWAYAPartner
(M No. 033710 )
Place : ChennaiDate : 11.05.2016
277
Hkkjrh; fjtoZ cSad }kjk fu/kkZfjr fd, vuqlkj csly vis{kkvksa dh iwfrZ ds fy, vfrfjDr izdVhdj.k
lkj.kh Mh ,Q & 1
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cSafdax xzwi ds izeq[k dk uke] ftlij ;g <k¡pk ykxw gksrk gS % bafM;u cSad
xq.kkRed izdVhdj.k %
,- lesdu ds fy, ftu xzwi miØeksa dh lwph ij fopkj fd;k tkrk gS
(I)
csly fiYyj izdVhdj.kIII - III
ekpZ 31] 2016
miØe dk uke @
iathdj.k ftl ns'k
esa fd;k x;k gS
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baMcSad epsZaVcSafdax lfoZlst+fy- ¼vuq"kaxh½
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iw¡th i;kZIrrk dsiz;kstuksa ds fy,tksf[ke Hkkfjr
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¼,lksfl,V~l½
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ugha ykxw ugha ,lksfl,V~l ekuk x;kgS
iw¡th i;kZIrrk dsiz;kstuksa ds fy,tksf[ke Hkkfjr
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¼,lksfl,V~l½
gk¡ ys[kkdj.k ekud23 & lesfdr foRrh;fooj.k ds vuq:ibZfDoVh i)fr dsvarxZr lesfdr
ugha ykxw ugha ,lksfl,V~l ekuk x;kgS
iw¡th i;kZIrrk dsiz;kstuksa ds fy,tksf[ke Hkkfjr
278
ADDITIONAL DISCLOSURES IN TERMS OF COMPLIANCE OF BASEL III REQUIREMENTSAS STIPULATED BY RBI
Name of the head of the banking group to which the framework applies: Indian Bank
(i) Qualitative Disclosures:
a. List of group entities considered for consolidation
Table DF – 1
Scope of Application
Basel III-Pillar III DisclosuresMarch 31,2016
Name of theentity /Country ofincorporation scope of
consolidation(yes / no)
IndBank YesMerchantBanking withServices Ltd.(Subsidiary) Consolidated
FinancialStatement
Ind BankHousing Ltd(Subsidiary)
Whether the Explain the Whether the entity Explain the Explain the Explain theentity is included method of is included under method reasons for reasons ifunder accounting consolidation regulatory scope of consolidation difference consolidated
of consolidation in the method under only one(yes / no) of consolidation of the scopes of
consolidation
Consolidated Yes Consolidated in Not Applicable Not Applicablein accordance accordance with
Accounting AccountingStandard 21- Standard 21-
ConsolidatedFinancialStatement
Yes Consolidated Yes Consolidated in Not Applicable Not Applicablein accordance accordance withwith Accounting AccountingStandard 21- Standard 21-Consolidated ConsolidatedFinancial FinancialStatement Statement
Pallavan Grama Yes Consolidated No Not Applicable Treated as Risk weightedBank under Equity associates for capital(Associates) Method in adequacy
accordance with purposesAccountingStandard 23-ConsolidatedFinancialStatement
Saptagiri Yes Consolidated No Not Applicable Treated Risk weightedGrameena under Equity as associates for capitalBank Method in adequacy(Associates) accordance with purposes
AccountingStandard 23-ConsolidatedFinancialStatement
Puduvai Yes Consolidated No Not Applicable Treated Risk weightedBharathiar under Equity as associates for capitalGrama Bank Method in adequacy(Associates) accordance with purposes
AccountingStandard 23-ConsolidatedFinancialStatement
279
ch -xzwi miØeksa dh lwph ftu ij lesdu ds fy, fopkj ugha fd;k x;k gS nksuksa ys[kkdj.k vkSj fofu;ked ekud ds {ks=kf/kdj ds v/khu %
miØe dk uke @iathdj.k ftl ns'kesa fd;k x;k gS
miØe dk eq[;dk;Zdyki
dqy rqyu i=bZfDoVh ¼fof/kdmiØe dsys[kkdj.k rqyui= esa n'kkZ,vuqlkj½
dqy bZfDoVh esa cSad
dh /kkfjr dk %
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dqy rqyu i= dh vkfLr;ka ¼fof/kd miØeds ys[kkdj.k rqyu i= esa mfYyf[kr :ils½
'kwU;
(ii) ek=kRed izdVhdj.k %
lh½ lesdu ds fy, ftu xzwi miØeksa ij fopkj fd;k x;k gS %
miØe dk uke @ iathdj.k ftl ns'k esa
fd;k x;k gS Åij , esa fn[kk, vuqlkj( (i) )
miØe ds eq[;dk;Zdyki
dqy rqyu i= bZfDoVh ¼fof/kd miØe dsys[kkdj.k rqyu i= esa n'kkZ, vuqlkj½
dqy rqyu i= dh vkfLr;ka ¼fof/kd miØeds ys[kkdj.k rqyu i= esa mfYyf[kr :ils½
baMcSad epsZaV cSafdax epsZaV cSafdaxlfoZlst+ fy- ¼Hkkjr½ lsok,a
baMcSad gkmflax fy- ¼Hkkjr½ vkokl foRr
443.78 577.09
100.00 1390.95
Mh- lHkh vuq"kafx;ksa esa iw¡thxr dfe;ksa dh dqy jkf'k] ftUgsa lesdu ds fofu;ked nk;js esa ugha yk;k x;k gS] vFkkZr] ftudh dVkSrh dh xbZ gS %
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esa n'kkZ, vuqlkj½
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chek miØeksa dk
uke @ iathdj.k ftl
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( )` fefy;u esa
280
b. List of group entities not considered for consolidation both under the accounting and regulatory scope of consolidation:
Name of theentity / countryofincorporation
Principleactivity of theentity
Total balancesheet equity(as stated inthe accountingbalance sheetof the legalentity)
% of bank'sholding in thetotal equity
Regulatorytreatment ofbank'sinvestments inthe capitalinstruments ofthe entity
Total balance sheet assets(as stated in the accountingbalance sheet of the legal entity)
NIL
(ii) Quantitative Disclosures:
c. List of group entities considered for consolidation:
Name of the entity / country ofincorporation(as indicated in (i)a. above)
Principle activity ofthe entity
Total balance sheet equity (asstated in the accountingbalance sheet of the legalentity)
Total balance sheet assets(as stated in the accountingbalance sheet of the legal entity)
IndBank Merchant Banking
Services Ltd (India) services 443.78 577.09
Ind Bank Housing Ltd (India) Housing Finance 100.00 1390.95
Merchant Banking
d. The aggregate amount of capital deficiencies in all subsidiaries which are not included in the regulatory scope of
consolidation i.e. that are deducted:
Name of thesubsidiaries /
country ofincorporation
Principle activity ofthe entity
% of bank's holding inthe total equity
Capital deficienciesTotal balance sheetequity
(as stated in theaccounting balance
sheet of the legal entity)
NIL
e. The aggregate amounts (e.g. current book value) of the bank's total interests in insurance entities, which are risk-
weighted:
Name of theinsurance
entities / countryof incorporation
Principle activity ofthe entity
% of bank's holding inthe total equity /
proportion of votingpower
Quantitative impact on regulatorycapital of using risk weightingmethod versus using the full
deduction method
Total balance sheetequity
(as stated in the
accounting balance
sheet of the legal entity
NOT APPLICABLE
f.Any restrictions or impediments on transfer of funds or regulatory capital with in the banking group:
There is no restriction or impediments on transfer of funds or regulatory capital within the banking group.
( in Million)`
281
lkj.kh Mh,Q & 2 % iw¡th i;kZIrrk
iw¡th i;kZIrrk dk fu/kkZj.k %
¼,½ cSad vizR;kf'kr gkfu;ksa ds fy, iwath j[krh gS rkfd tekdrkZvksa ds fgr] lkekU; _.knkrkvksa rFkk vU; i.;/kkjdksa dks fdlh Hkh vizR;kf'kr gkfu ls cpk;k tk ldsA
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j[kuk gSA cSad lkekU; bZfDoVh fV;j I ¼lhbZVh I½ dk 6-125 izfr'kr ls vf/kd vkSj lhvkj,vkj dk 9-625 izfr'kr ls vf/kd j[k jgk gSA
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Ø _.k tksf[ke % ekuuhÑr n`f"Vdks.k
Ø ckt+kj tksf[ke % ekuuhÑr vof/k n`f"Vdks.k
Ø ifjpkyu tksf[ke % vk/kkjHkwr lwpd n`f"Vdks.k
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¼Mh½ fiYyj II ds v/khu cSad iw¡th dk ewY;kadu @ ;kstuk cukrs le; fuEufyf[kr dks tksf[ke le>rk gS %
Ø rjyrk tksf[ke
Ø _.k dsUnzhdj.k tskf[ke
Ø cSafdax cgh esa C;kt nj tksf[ke
Ø isa'ku ck/;rk tksf[ke
Ø ekudhdj.k n`f"Vdks.k ds v/khu _.k tksf[ke dks de egRo nsuk
Ø j.kuhfrxr tksf[ke
Ø lk[k tksf[ke
Ø izfri{kh _.k tksf[ke
vkblh,,ih uhfr d¢ vuqlkj] cSad us 12 çfr’kr iwaTkh dk ,d vkarfjd y{; cUkk;k gS A
¼bZ½ cSad viuh ykHkiznrk rFkk iw¡th i;kZIrrk ij vkfLr xq.krk] rjyrk] C;kt nj] MsjhosfVo rFkk QkWjsDl dh rukoxzLr fLFkfr ;k rukoxzLr ifjfLFkfr;ksa esa fofHkUu tksf[ke {ks=ksa dk ruko ijh{k.k vkof/kd rkSj ij djrk gSA
,d O;kid ruko ijh{k.k ÝseodZ cuk;k x;k gSA cSad] HkkfjcSad }kjk fu/kkZfjr fLFkfr;ksa ds vk/kkj ij rFkk cSad dh fofHkUu ifjfLFkfr;ksa ds vk/kkj ij ruko ijh{k.k =Sekfld vof/k esa djrk gSaA
cSad] ruko ijh{k.k ds vax ds :i esa fuEufyf[kr tksf[keksa ij vlj dk ewY;kadu djsxk %
Ø _.k tksf[ke
Ø cktkj tksf[ke
Ø _.k dsUnzhdj.k tksf[ke
Ø Pkwd tksf[ke
Ø rjyrk tksf[ke
Ø cSafdax cgh esa C;kt nj tksf[ke ¼vkbZvkjvkjchch½
cSad] frekgh rkSj ij ruko ijh{k.k dk vk;kstu djrk gS rFkk mlds ifj.kke cksMZ dh _.k tksf[ke izca/ku lfefr ¼lhvkj,elh½ @ tksf[ke izca/ku lfefr ¼vkj,elh½ dks izLrqr fd;k tkrk gSA
I I
282
Table DF - 2 : Capital Adequacy
Assessment of CapitalAdequacy:
Credit Risk:
Market Risk:
Operational Risk:
(a) Bank maintains capital to protect the interest of depositors, general creditors and stake holders against any unforeseen
losses
As per the RBI guidelines, Banks have to maintain a Minimum Common Equity Tier 1 (CET 1) of 6.125% (including Capital
Conservation Buffer of 0.625%) and minimum CRAR of 9.625%. Bank maintains Common Equity Tier 1 (CET 1) of more
than 6.125% and CRAR of more than 9.625%.
(b) In line with RBI guidelines, Bank has adopted following risk management approaches for assessing the capital adequacy:
StandardisedApproach
Standardised DurationApproach
Basic IndicatorApproach
(c) Bank has Board approved Internal Capital Adequacy Assessment Process (ICAAP) Policy to assess future capital
requirements both under Pillar I and Pillar II. Bank projects capital for the next 3 financial years based on business
projections ,policy guidelines, macro-economic scenarios, risk appetite etc
(d) Under Pillar II, Bank considers the following as risks while assessing / planning capital:
Liquidity Risk
Credit Concentration Risk
Interest Rate Risk in Banking Book
Pension Obligation Risk
Under estimation of Credit risk under Standardized approach
Strategic Risk
Reputation Risk
Counterparty Credit Risk
As per the ICAAP policy, bank has set an internal target capital of 12%
(e) Bank also periodically undertakes stress testing in various risk areas to assess the impact of stressed scenario or
plausible events on asset quality, liquidity, interest rate, derivatives and forex on its profitability and capital adequacy.
A comprehensive stress testing framework is put in place. Bank conducts stress test on quarterly basis based on
scenarios prescribed by RBI as well as bank specific scenarios. The Stress test results were placed to various apex level
committees.
The Bank assesses the impact on the following risks, as part of Stress Test:
Credit Risk
Market Risk
Credit Concentration Risk
Default Risk
Liquidity Risk
Interest Rate Risk in Banking Book (IRRBB)
Bank is conducting the Stress Test on quarterly basis and the result of the same is placed to Credit Risk Management
Committee (CRMC)/Risk Management Committee (RMC) of the Board.
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ek=kRed izdVhdj.k ¼csly fn'kkfunsZ'kksa ds vuqlkj½III
fooj.k ,dy ¼lkoZHkkSfed½ lesfdr
'kwU; 'kwU;
ekudhd`r vfHkxe ds vn~;/khu lafoHkkx
izfrHkwfrdj.k _.k
94892.62 94936.50
¼,½ _.k tksf[ke gsrq iw¡th vko';drk,¡ % ( )` fefy;u esa
¼ch½ ckt+kj tksf[ke gsrq iw¡th vko';drk,a
ekudhd`r vof/k n`f"Vdks.k
fooj.k ,dy ¼lkoZHkkSfed½ lesfdr
C;kt nj tksf[ke
fons'kh fofue; tksf[ke ¼Lo.kZ lfgr½
bZfDoVh tksf[ke
8972.51
3504.91
8972.51
72.00 72.00
3504.91
( in Million)`
¼bZ½ fV;j 1 rFkk dqy iwath vuqikr csly fn'kkfunsZ'kksa ds vuqlkjII
fooj.k ,dy ¼lkoZHkkSfed½ lesfdr
fV;j 1 i;kZIrrk vuqikr
dqy iw¡th i;kZIrrk vuqikr
12.45%12.29%
13.67% 13.82%
¼lh½ ifjpkyuxr tksf[ke gsrq iwathxr vko';drk,a
fooj.k ,dy ¼lkoZHkkSfed½ lesfdr
ewy ladsrd vfHkxe 8373.82 8593.24
( )` fefy;u esa
¼Mh½ lkekU; bZfDoVh fV;j 1 ¼lhbZVh1½]fV;j 1 rFkk dqy iwath vuqikr csly fn'kkfunsZ'kksa ds vuqlkjIII
fooj.k ,dy ¼lkoZHkkSfed½ lesfdr
lesfdrlkekU; bZfDoVh fV;j 1 lhbZVh¼ ½
fV;j 1 i;kZIrrk vuqikr
dqy iw¡th i;kZIrrk vuqikr
11.68% 11.83%
12.08% 12.23%
13.20% 13.35%
vkfLr ns;rkçcaèku lfefr
¼vkYdks½
ifjpkyuxrtksf[ke
çcaèku lfefr¼vksvkj,elh½
284
Quantitative disclosures ( as per Basel III guidelines)
Particulars Solo (Global) Consolidated
Portfolios subject to standardized approach 94892.62 94936.50
Securitization exposures Nil Nil
(a) Capital requirements for credit risk: ( in Million)`
b) Capital requirements for market risk:
Standardized duration approach
Particulars Solo (Global) Consolidated
Interest Rate Risk 8972.51
Foreign Exchange Risk (including gold) 72.00 72.00
Equity Risk 3504.91
8972.51
3504.91
( in Million)`
(e) Tier 1 and Total capital ratio ( as per Basel II guidelines):
Particulars Solo (Global) Consolidated
Tier 1 CapitalAdequacy Ratio 12.29%
Total CapitalAdequacy Ratio 13.67% 13.82%
12.45%
(c) Capital requirements for operational risk:
Particulars Solo (Global) Consolidated
Basic IndicatorApproach 8373.82 8593.24
( in Million)`
(d)Common Equity Tier 1 (CET 1), Tier 1 and Total capital ratio ( as per Basel III guidelines):
Particulars Solo (Global) Consolidated
Common Equity Tier 1 (CET 1), 11.68% 11.83%
Tier 1 CapitalAdequacy Ratio 12.08% 12.23%
Total CapitalAdequacy Ratio 13.20% 13.35%
Asset Liability
Management
Committee
(ALCO)
Operational Risk
Management
Committee
(ORMC)
285
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lhek <kapk
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ds fy, vkof/kd oS/khdj.k dk dk;Z viukuk pkgrk gSA
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ra= ,oa _.k ys[kk&ijh{kk iz.kkyh fu/kkZfjr dh xbZ gS ftlls cSad esa _.k
iz'kklu esa xq.kkRed lq/kkj yk, tk ldsA blds vykok ekud vkfLr
vuqizorZu lfefr] fo'ks"k mYys[k [kkrksa dh leh{kk djrh gS rkfd ekud
vkfLr;ksa dk xSj&fu"iknd vkfLr ds :i esa fjlu dks jksdk tk ldsA
vuqizorZu esdkfut+e ds va'k ds :i esa] ftu [kkrksa dk fuos'k laoxZ ls dksfV de
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tkrh gSA vfxzeksa ds jsfVax okj laforj.k dk fo'ys"k.k =Sekfld vk/kkj ij fd;k
tkrk gSA
_.k tksf[ke fØ;kdykiksa ds :i esa dkW-dk ds Lrj ij vkusokys _.k izLrkoksa dk
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tksf[ke ds dkj.k gks ldrk gSA ;g cSad dks vkfLr ns;rk izca/ku gsrq mi;qDr
j.kuhfr;k¡ miyC/k djus ds fy, vuqer djrk gSA vkfLr ns;rk izca/ku <k¡ps esa
fuEufyf[kr izeq[k ?kVd gSaA
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Risk Management Architecture:
Credit Risk:
Limit Framework:
The Bank’s risk management framework is based on a clear
understanding of various risks, disciplined risk assessment
and measurement procedures and continuous monitoring. An
independent Risk Management Department is functioning for
effective Enterprise-Wide Risk Management and responsible
for assessment, monitoring and reporting of risk exposures
across the bank. All the risks the Bank is exposed to, are
managed through following three committees viz.,
(i) Credit Risk Management Committee (CRMC)
(ii) Asset and Liabilities Management Committee (ALCO)
(iii) Operational Risk Management Committee (ORMC).
These committees work within the overall guidelines and
policies approved by the Board and Risk Management
Committee of the Board.
The Bank has put in place various policies to manage the risks.
To analyze the enterprise-wide risk and with the objective of
integrating all the risks of the Bank, an Integrated Risk
Management policy has also been put in place. The important
risk policies comprise of Credit Risk Management Policy,
Asset Liability Management Policy, Market risk management
policy, Operational Risk Management Policy, Internal Capital
Adequacy Assessment Process (ICAAP) Policy, Stress
Testing Policy, Collateral Management Policy and Disclosure
Policy, Reputational risk management Policy and Strategic
Risk management Policy.
All the policies are reviewed at a minimum on annual basis by
Risk Management Committee (RMC)/ Board. In order to
disseminate the risk management concepts and also to
sensitize the field level functionaries, the relevant policies
were circulated to the branches, in addition to imparting
training at the Bank's training colleges.
Risk Management Systems are in place to identify and
analyze the risks at the early stage and manage them by
setting and monitoring prudential limits besides taking other
corrective measures to face the changing risk environment.
In order to limit the magnitude of credit risk and concentration
risk, a limit framework has been laid down for following type of
exposures:
Single and group borrower exposure
sensitive sector exposure
unsecured exposure
interbank exposure
country-wise exposure
Internal rating wise exposure
Geographical exposure
Term loan exposure
Industry - wise exposure
Interbank exposure
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These exposure limits were monitored on regular basis and
placed to various apex level committees of the Board.
All credit proposals are subject to a rigorous
credit risk rating/scoring process to support credit approvals
and decision making as well as to enhance risk management
capabilities for portfolio management, pricing and risk based
capital measurement.
Software driven rating mechanism is in place to assign the
rating to ensure credit quality besides an entry level scoring
system. The output of the rating model is used in decision
making i.e. sanction, pricing and monitoring of credit portfolio.
In order to test the robustness of the rating model,the rating
model has been validated by an external agency . Bank would
like to undertake periodic validation exercise for the model.
The Bank has developed entry level scoring
model. All the fresh sanctions coming under personal loan
products are subjected to entry level scoring.
Loan review mechanism and Credit audit system are in place
for the periodical review/audit of the large value accounts and
bring about qualitative improvements in credit administration
of the Bank. In addition, Standard Assets Monitoring
Committee reviews the Special Mention Accounts periodically
to initiate timely action to prevent slippage of standard assets
to nonperforming assets. As a part of monitoring mechanism,
accounts which are downgraded from investment category
are identified and monitored closely on quarterly basis.
Migration analysis of rating of accounts is done on annual
basis. Also weighted average rating of industry which are part
of Bank’s portfolio is done on quarterly basis.Analysis of rating
wise distribution of advances is done on quarterly basis.
Adopting Best Risk Management Practices, vetting of credit
proposals (except schematic loan proposals) coming under
sanctioning powers of corporate office are undertaken by Risk
Management Department.
Asset liability Management framework facilitates the Bank to
measure, monitor and control liquidity risk and interest rate
risk on its balance sheet. This allows the Bank to provide
suitable strategies for asset liability management. The asset
liability management framework consists of the following key
components
Liquidity risk management
Interest rate risk management
Balance sheet and Basel III liquidity ratios
Stress Testing and scenario analysis
Contingency funding plan
Bank has set in place ALM policy to achieve two primary
objectives as listed below:
To optimize the Net Interest Margin (NIM) of the Bank
To provide adequate liquidity
To manage re-pricing risk
Rating Model:
Scoring model:
Asset Liability Management:
Short Term Objective:
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cktkj tksf[ke izca/ku%&
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vkfLr ns;rk izca/ku dk dk;Z vkfLr ns;rk izca/ku lfefr ¼vkydks½ laHkkyrh gSA;g cksMZ ds fn'kkkfunsZ'k rFkk i;Zos{k.k ds v/khu dk;Z djrh gS vkSj@ ;k ,,y,erFkk tksf[ke izca/ku ij cksMZ dh mi&lfefr ds v/khu dk;Z djrh gSA ;gC;kt nj fLFkfr] tekvksa vkSj vfxzeksa nksuksa ds mRikn Ø;] o``f)'khy vkfLr rFkkns;rkvksa dh ifjoDrk izksQkby] cSad fuf/k;ksa dh ek¡x] cSad ds udnh izokg] ykHk;kstuk rFkk laiw.kZ rqyui= izca/ku dh leh{kk djus gsrq fu;fer rkSj ij cSBddk vk;kstu djrh gSA
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cSad us ,,y,e ,QVhih lk¶+Vos;j [kjhn fy;k gS vkSj mls dk;kZfUor djus dhizfØ;k pkyw gSA
Hkkjrh; fjt+oZ cSad }kjk ifjHkkf"kr rFkk vkarjd :i ls ifjHkkf"kr LVªsl ifjn`';ksads vuqlkj pyfuf/k tksf[ke vkSj C;kt nj tksf[ke ds fy, fu;fer varjkyksa ijLVªsl ijh{k.k fd;k tkrk gSA vkarfjd pyfuf/k LVªsl ijh{k.k ls izkIr ifj.kkeksadk iz;ksx vkdfLedrk vk;kstu fuf/k ;kstuk dk l`tu] fofHkUu pyfuf/k LVªslifjn`';ksa esa djus ds fy, iz;qDr fd;k tkrk gSA
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cktkj esa ifjorhZ rF;ksa esa gq, ifjorZu ds dkj.k gkfu dh laHkkO;rk] cktkjtksf[ke gksrk gSA varjkZ"Vªh; fuiVku cSad ¼chvkbZ,l½ dh ifjHkk"kk ds vuqlkj^^cktkj tksf[ke og tksf[ke gS tgk¡ bZfDoVh vkSj C;kt njksa ij cktkj] eqnzkfofue; njsa vkSj i.; ds ewY; esa mrkj&p<+ko ls ^^vkWu^^ ;k ^^vkWQ^^ rqyu i=
fLFkfr ds ewY; ij izfrdwy izHkko iM+ ldrk gSA ^^vr% cktkj tksf[ke] cSad dhdekbZ vkSj iwath dks gksusokyk tksf[ke gS tksfd C;kt njksa ds cktkj Lrj ;kizfrHkwfr;ksa] fons'kh fofue; vkSj bZfDoVh dh dher esa ifjorZu rFkk ,sls ifjorZuksaesa vfLFkjrk ls gks ldrk gSA cktkj tksf[ke izca/ku dk mn~ns';] O;kikfjdbdkb;ksa dks cktkj tksf[ke ,Dlikst+j] tksf[ke ,Dlikstj dh rqyuk esa lafoHkkxfu"iknu vkSj rqyuh; U;wure ekunaMksa ds laca/k esa fo'ysf"kdh ls pkfyrfufof"V;ka iznku djrs gq, tksf[ke&lek;ksftr izfrQy dh njksa dks vf/kd lsvf/kd cukus esa lgk;rk nsuk gksrk gSA cktkj tkf[ke ds vUrxZr fuEufyf[krtksf[keksa dk izca/ku fd;k tkrk gS%&
C;kt nj tksf[ke
fofue; nj tksf[ke
bZfDoVh dher tksf[ke
ckt+kj tksf[ke] i.; dh dher rFkk mrkj&p<+ko esa gksusokys ifjorZuksa ds dkj.kgks ldrh gSA rFkkfi] cSad dk i.; lacaf/kr ckt+kj esa dksbZ ,Dlikst+j ugha gSA
;g uhfr cktkj tksf[ke dk irk yxkus] ewY;kafdrdjus vkSj O;ofLFkr djus ds fy, ,d ra= jfpr djus ij dsfUnzr gS rkfdtksf[ke ds fofHkUu vk;keksa dh igpku vkSj O;kikj ds izR;sd dk;Zdyki dhekU;rk dks Li"V fd;k tk ldsA
cSad bl ckr dks Li"Vr;k ekurk gS fdcktkj tksf[ke ds lHkh igyqvksa dks dksbZ ,d tksf[ke & lkaf[;dh izfrfcafcrugha dj ldrhA vr% cktkj tksf[ke esa tksf[ke ekiu dh lqn`<rk dkscsgrj cukus ds fy, fofHkUu lkaf[;dh; ,oa xSj&lkaf[;dh; tksf[ke mik;ksadk iz;ksx fd;k tkrk D;ksafd budk voyksdu ,d lkFk djus ij tksf[ke ds;s dne] fdlh ,dy dne dh rqyuk esa cktkj tksf[ke ,Dlikstj dhlE;d n`f"V iznku djrk gSA cktkj tksf[ke dk izca/ku] fofHkUu ekius dslk/kuksa] ;Fkk] tksf[ke ij jgs ewY; ¼oh,vkj½] tksf[ke ij jgs vtZu] vk'kksf/krvof/k] ihoh 01 lhek,a] fuoy vksojukbV [kqyh fLFkfr lhek,a¼,uvksvksih,y½] oS;fDrd xSi lhek ¼vkbZth,y½ ds tfj, eqnzk&okj vkSjlw{exzfgrk fo'ys"k.k ds tfj;s Hkh fd;k tkrk gSA vfrrhoz] ijUrq eqefduvk/kkrksa dh ifjfLFkfr;ksa esa cSad dh vlqj{kk dh fLFkfr dks ekfuVj djus dsfy, fu;fer vk/kkj ij ruko ijh{k.k Hkh fd;k tkrk gSA
VªsfMax cgh ds fy, fofHkUu vkarfjd vkSj fofu;kedtksf[ke lhekvksa ds iz;ksx ls] tksfd vkfFkZd ifjn`';] O;kikj j.kuhfr] izca/kudk vuqHko vkSj cSad dh tksf[ke xzkg~;rk ij vk/kkfjr gSa] cSad vius tksf[kedks ekfuVj ,oa fu;af=r djrk gSA ;g lqfuf'pr djus ds fy, fd ysunsuksadk fu"iknu ,oa iwuewZY;u] ekStwnk cktkj njksa ij fd;k tkrk gS] jsV LdSufd;k tkrk gSA
% feM&vkWfQl }kjk Vªs'kjh ifjpkyuksa dks ekuhVj fd;ktkrk gS vkSj tksf[ke izca/ku foHkkx ds iz/kku dks nSfud vk/kkj ij] dk-fu@iz-fu vkSj lhbZvks dks ekfld vk/kkj ij ¼izFke i[kokMk½ rFkk vkYdks dksekfld vk/kkj ij ¼vafre i[kokMk½ fjiksVZ izLrqr dh tkrh gSA cktkjtksf[ke ds dkj.k mRiUu iwath izHkkj ifjdfyr dj] mldh fjiksVZ frekghvk/kkj ij vkYdks vkSj cksMZ dks izLrqr dh tkrh gSA ruko ijh{k.k uhfr esafu/kkZfjr /kkj.kkvksa dk vuqikyu djrs gq, cktkj tksf[ke ds fu/kkZj.k ds fy,ruko ijh{k.k fd;k tkrk gS vkSj frekgh vk/kkj ij vkydks dks fjiksVZizLrqr dh tkrh gSA
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cSad dk cktkj tksf[ke izca/ku ¼,evkj,e½ <kapk fuEukuqlkj gS%&
,½ tksf[ke dh igpku%&
ch½ tksf[ke ekiu vkSj ifjlhek,a%&
lh½ tksf[ke ekfuVfjax%&
Mh½ tksf[ke fjiksfVZax
288
Long Term Objective:
Market Risk Management:
� To maximize the shareholder's wealth
Asset Liability Management is the function of Asset Liability
Management Committee (ALCO). It operates under the guidance
and supervision of the Board and/or Sub-Committee of Board
on Risk Management. It meets at regular intervals to review
the interest rate scenario, product pricing for both deposits and
advances, maturity profile of the incremental assets and
liabilities, demand for Bank funds, cash flows of the Bank,
profit planning and overall Balance Sheet Management.
Liquidity risk is measured and monitored through two
approaches-Flow approach and Stock approach. Flow
approach involves comprehensive tracking of cash flow
mismatches and is done through preparation of Structural
liquidity statement on a daily basis. Appropriate tolerance
levels/prudential limits have been stipulated for mismatches in
different time buckets. Under Stock Approach various balance
sheet ratios are prescribed with appropriate limits. The
compliance of ratios to the prescribed limits ensures that the
Bank has managed its liquidity through appropriate
diversification and kept it within the sustainable limit. The Bank
also assesses its short-term liquidity mismatches and reports
the same in the short term dynamic liquidity report which
represents the cash flow plans of various asset and liability
generating units and seasonal variation of cash flow patterns
of assets and liabilities of the bank over a period of 1-90 days.
For measurement and monitoring of Interest rate risk, currency
wise,bothTraditionalgapapproachandDurationgapapproaches
are followed. The short-term impact of interest rate
movements on NIM is worked out through “Earnings at Risk”
approach taking into consideration Yield curve risk, Basis risk
and Embedded Options Risk. The long-term impact of interest
rate movements on Market Value of Equity is also worked out
through Duration Gap approach. The monthly interest rate
sensitivity statement is reviewed byALCO / Board.
Bank has procured ALM & FTP software and is in the process
of implementing the same.
Stress testing of liquidity risk and interest rate risk is conducted
on regular interval as per the RBI defined and internally
defined stress scenarios. The results of the same from internal
Liquidity stress testing are used to draw contingency funding
plan under different liquidity stress scenarios.
In addition to the above, bank is computing Liquidity Coverage
Ratio (LCR) as per latest guidelines issued by RBI and is using
it as a risk measurement tool to manage short term liquidity. On
a monthly basis LCR statement is reviewed byALCO.
Market risk is the possibility of loss caused by changes in the
market variables. The Bank for International Settlements (BIS)
defines market risk as “the risk that the value of ‘on’ or ‘off’
balance sheet positions will be adversely affected by
movements in equity and interest rate markets, currency exchange
rates and commodity prices”. Thus, Market Risk is the risk to
the bank’s earnings and capital due to changes in the market
level of interest rates or prices of securities, foreign exchange
and equities, as well as the volatilities of those changes. The
objective of market risk management is to assist the business
units in maximizing the risk adjusted return by providing
analytics driven inputs regarding market risk exposures,
portfolio performance vis-à-vis risk exposures and comparable
benchmarks. Following risks are managed under Market Risk.
Interest Rate Risk
Exchange Rate Risk
Equity Price Risk
The market risk may also arise from changes in commodity
prices and volatility. However, Bank does not have any
exposure to commodity related markets.
a) The Policy is focused on setting a
framework for identifying, assessing and managing market
risk in order to provide clarity on various dimensions of risk
identificationandrecognitiontoeachof thebusinessfunctions.
b) Bank recognizes that no
single risk statistic can reflect all aspects of market risk.
Therefore various statistical and non-statistical risk
measures are used to enhance the stability of risk
measurement of market risk because, taken together,
these risk measures provide a more comprehensive view
of market risk exposure than any single measure. Market
risk is managed with various metrics viz. Value at Risk
(VaR), Earnings at Risk, Modified duration, PV01 Limits,
Net Overnight Open Position Limits (NOOPL), Individual
Gap Limit (IGL) and Aggregate Gap Limit (AGL) currency
wise and also through sensitivity analysis. Stress testing is
also conducted on a regular basis to monitor the vulnerability
of the bank to extreme but plausible unfavourable shocks.
c) Bank monitors and controls its risk, using
various internal and regulatory risk limits for trading book
which are set based on economic scenario, business strategy,
management experience and Bank’s risk appetite.
Rate scan is carried out to ensure that transactions are
executed and revalued at prevailing market rates.
d) Mid Office monitors treasury operations
on a day to day basis. A daily report is put up to Head of the
Risk Management Department, Monthly basis (First
fortnight) to ED/MD & CEO and on monthly basis (Last
Fortnight) to ALCO. Capital charge on account of Market
Risk is computed and reported to ALCO and Board on
quarterly basis. Stress testing is done for assessing market
risk by following assumptions prescribed in Stress Test
Policy and reported toALCO on Quarterly basis.
Market Risk Management (MRM) Framework of the bank
is as follows:
Risk Identification:
Risk Measurement and Limits:
Risk Monitoring:
Risk Reporting:
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289
cksMZ }kjk vuqeksfnr O;kid cktkj tksf[ke izca/ku uhfr] fuos'k uhfr] rukoijh{k.k vkSj O;qRiUu uhfr }kjk cktkj tksf[ke izca/ku vuq'kkflr gS rkfdlqfuf'pr fd;k tk lds fd cktkj tksf[ke ls ;qDr fofHkUu dk;Zdykiksa esa QSykgqvk tksf[ke] cSad dh tksf[ke xzkg~;rk ds vUnj gh gSA m|ksx esa O;kIr mRreO;ogkj vkSj Hkkjrh; fjt+oZ cSad ds fofu;euksa ls lkjh uhfr;ka csapekdZ dh xbZgSaA cSad ds tksf[ke fjiksfVZax ra= esa izdVhdj.k vkSj fofHkUu izca/ku lfefr;ksa dksfjiksVZ djuk 'kkfey gSA
m|ksx ds izfrHkkfx;ksa] fofu;kedksa vkSj vU; LVsd/kkjdksa ds chp ifjpkyuxr
tkf[ke gh rhoz vfHk#fp dk dsUnz gSA izHkkoksRiknd vfHk'kklu] tksf[ke dSIpj
vkSj ifjpkyuxr tksf[ke ,Dliks'kj ds izkDdyu vkSj ek=kRed fu/kkZj.k ds
fy, cSad us ifjpkyuxr tksf[ke izca/ku <k¡pk ¼vksvkj,e,Q½ vkSj ifjpkyuxr
tksf[ke izca/ku ra= ¼vksvkj,e,l½ fu/kkZfjr fd;k gSA nSuafnu dh izcU/ku
izfØ;kvksa esa mi;qDr xq.kkRed ,oa ek=kRed iz.kkfy;ksa vkSj fofHkUu tksf[ke
'keu uhfr;ksa rFkk lqLFkkfir vkarfjd fu;a=.k ra=ksa dk iz;ksx djrs gq, vkSj
fofHkUu tksf[ke 'keu uhfr;ksa dks viukrs gq, ifjpkyuxr tksf[ke dk izca/ku
lqxe :i ls fd;k tkrk gSA fofHkUu mRiknksa@izfØ;kvksa esa tksf[ke cks/k dk
leh{kkRed fo'ys"k.k fd;k tkrk gS vkSj ;Fkko';d lq/kkjkRed dne mBk,
tkrs gSaA
cSad us vius ifjpkyuxr tksf[ke ,Dlikstj dks dSIpj djus] ekius] ekuhVj
djus vkSj O;ofLFkr djus ds fy, ifj"d`r osc&vk/kkfjr ifjpkyuxr tksf[ke
izca/ku iz.kkyh dk;kZfUor dh gSA cSad us foxr ikap o"kksaZ ds fy, vkarfjd gkfu
MkVk csl fufeZr fd;k gSA
bl o"kZ ds nkSjku ^^ØsfMV LiVZ^^ ds tfj, ifjpkyuxr tksf[ke dk fo'ys"k.k
vkSj lkaf[;dh; rduhdksa ds tfj, ifjpkyuxr gkfu dh ckjackjrk ,oa xaHkhjrk
dk fo'ys"k.k fd;k x;k gSA
_.k tksf[ke dks ;ksa ifjHkkf"kr fd;k x;k gS fd _.kdrkZvksa ;k izfri{kdkjksa dh
_.k xq.krk esa deh ds dkj.k gksusokyh gkfu dh laHkkO;rkA
fofHkUu fn'kkfunsZ'kksa rFkk izeq[k m|ksx izFkkvksa ds vuqikyu esa] cSad us _.k
tksf[ke izca/ku ds fy, ,d lqO;oLFkr vf/k'kku lajpuk cukbZ gS rkfd Ik;kZIr
fujh{k.k] ekWfuVfjax vkSj fjiksfVaZx gks ldsA <k¡pk] funs'kdksa ds eaMy dh
ftEesnkjh dks LFkkfir djrh gSA
cSad us tksf[ke izca/ku iz.kkyh ij HkkfjcSad ds fn'kkfunsZ'k uksV ds vuqlkj cksMZ
Lrjh; mi&lfefr dh LFkkiuk dh gS ftls **tksf[ke izca/ku lfefr ¼vkj,elh½**
dgk tkrk gSA
vkj,elh] cSad }kjk lkeus dh tkusokyh laiw.kZ tksf[ke dks ewY;kadu djrh gS
rFkk ;g izHkkoh iz.kkyh dh LFkkiuk ds fy, ftEesokj gS ftlls tksf[ke dks
igpkuus] ekius rFkk fu;af=r djus esa lgk;rk fey lds vkSj blds }kjk
ifjpkyuxr tksf[ke%&
lkj.kh Mh,Q & 3
_.k tksf[ke % lHkh cSadksa gsrq lkekU; izdVhdj.k
xq.koRrk izdVhdj.k %
¼,½ _.k tksf[ke izca/ku %
laajpuk %
tksf[ke izca/ku lfefr ¼vkj,elh½ %
uhfr;ksa ds fuiVkjk j.kuhfr] tksf[ke ysus dh {kerk rFkk _.k ekunaMksa dks cksMZ
ds vuqeksnu ds fy, laLrqr fd;s tk ldsA
cksMZ us _.k tksf[ke ds laca/k esa ftEesnkjh ysus ds fy, vkj,elh dks vf/kdkj
izR;k;ksftr fd;k gSA
lfefr] _.k tksf[ke izca/ku dk i;Zos{k.k djrh gS rFkk ;g lqfuf'pr djrh gSfd cSad }kjk lkeus dh tkusokyh izeq[k _.k tksf[ke dks mfpr :i ls igpkuktkrk gS rFkk mldk mfpr :Ik ls izca/ku gksA lfefr] laiw.kZ tksf[ke ysus dh{kerk rFkk _.k tksf[ke izca/ku j.kuhfr dks vuqeksnu djrh gS rFkk vkof/kd:i ls leh{kk djrh gSA lfefr] tksf[ke izca/ku uhfr;ksa] HkkfjcSad }kjkfu/kkZfjr tksf[kr izca/ku fn'kkfunsZ'kksa ls lacaf/kr cSad ds vuqikyu dh leh{kkdjrh gSA
tksf[ke lfefr] _.k tksf[ke izksQkby rFkk vU; dksbZ izeq[k fodkl ;Fkkvkarfjd rFkk ckg+; vkSj lafoHkkx rFkk cSad ij muds vlj dh leh{kk djrh gSA
vkj,elh] _.k uhfr rFkk izfØ;kvksa ds laca/k esa eqn~nksa rFkk _.k tksf[ke dks cSaddks le``) :i ls ysdj fo'ys"k.k] izca/ku rFkk fu;a=.k djrh gSA
_.k tksf[ke izca/ku izfØz;k ds :Ik esa] dkWiksZjsV dk;kZy; esa _.k leh{kk izca/kulfefr ¼,yvkj,elh½ dk xBu fd;k x;k gS rkfd dkW-dk% dh fofHkUu lfefr;ksarFkk vapy _.k lfefr }kjk eatwj fd;s x;s _.k [kkrksa dh leh{kk dh tk ldsaA
cSad us vk; igpku rFkk vkfLr oxhZdj.k ekunaMksa gsrq vkjchvkbZ }kjk ifjHkkf"krfd;s vuqlkj vfrns; rFkk {kfrxzLr ds fy, ifjHkk"kkvksa dks viuk;k gSA
cSad dh _.k vkfLr;ksa d
@ vkgfjr lhek ls 90 fnu ls vf/kd le; ds fy, yxkrkjvkf/kD; jgrk gSA tc ewy ifjpkyu [kkrs esa vfrns; jkf'k eatwjhÑr lhek @vkgfjr lhek ls de gS] ijarq rqyu i= ds fnu ij 90 fnuksa ds fy, yxkrkj
_.k tksf[ke izca/ku lfefr ¼lhvkj,elh½
_.k leh{kk izca/ku lfefr ¼,yvkj,elh½
vfrns; rFkk {kfrxzLr ¼ys[kkadu iz;ksx gsrq½
bldh
ks oxhZÑr djus ds fy, cSad dh uhfr fuEuizdkj gS %
xSj&fu"kikfnr vkfLr ¼,uih,½ % xSj&fu"kikfnr vkfLr ¼,uih,½] ,d _.k ;kvfxze gS tgk¡
ewy/ku vkSj @;k C;kt fdLr 90 fnu ls vf/kd le; rd cdk;kjgrk gS]
tc [kkrk **vksoj Mªk¶+V @ udn _.k ¼vksMh @ lhlh½ ds laca/k esa**fu;fer ugha gS**
tc fcy] Ø; fd;s x;s fcy rFkk Hkquk;s x;s fcy ds ekeys esa 90 fnu lsvf/kd le; ds fy, vfrns; gS
ewy/ku ;k C;kt dh fdLr vYi vof/k Qlyksa ds fy, nks Qly ekSle dsfy, vfrns; jgrh gS
ewy/ku ;k C;kt dh fdLr nh?kZdkfyu Qlyksa ds fy, ,d Qly ekSle dsfy, vfrns; jgrk gS
,d vksMh @ lhlh [kkrs dks **vfu;fer ekuk tkrk gS tc vfrns; jkf'keatwjhÑr lhek
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290
Market risk management is governed by comprehensive
board approved market risk management policy, Investment
Policy, Stress Testing and Derivative Policy to ensure that the
risks spread across different activities carrying an underlying
market risk are within the stipulated risk appetite of the bank.
All the policies are benchmarked with industry-best practices
and RBI regulations. The risk reporting mechanism in the
Bank comprises disclosures and reporting to the various
management committees.
Operational risk is now on the focus of intense interest among
industry participants, regulators and other stake holders . The
bank has put in place Operational Risk Management Frame
work (ORMF) and Operational Risk Management systems
(ORMS) to ensure effective governance, risk capture and
assessment and quantification of operational risk exposure.
Operational risk is well managed by using appropriate
qualitative & quantitative methods and established internal
control systems in day to day management processes and
adopting various risk mitigating strategies. The risk
perceptions in various products / processes are critically
analysed and corrective actions if required, are initiated.
Bank has implemented a sophisticated web-based
Operational Risk Management System to capture, measure,
monitor and manage its operational risk exposure. Bank has
built up internal loss data base for the last 5 years.
During the year, monitoring of operational risk through credit
spurt and Analysis of frequency & severity of operational loss
through statistical technique have been done.
Credit risk is defined as the possibility of losses associated with
diminution in the credit quality of borrowers or counterparties.
In adherence with various guidelines and leading industry
practices, the Bank has set up a robust governance structure
for the management of credit risk, ensuring an adequate
oversight, monitoring and reporting. The framework
establishes the responsibilities of the board of directors .
The Bank has established a Board level sub-committee known
as ‘Risk Management Committee (RMC)’ constituted in terms
of RBI guidance note on Risk Management system.
The RMC evaluates overall risks faced by the Bank and is
responsible for the establishment of an effective system to
identify measure, monitor and control risk and recommend to
Operational Risk:
Table DF-3
Credit Risk: General disclosures for all banks
Qualitative Disclosures:
(a) Credit Risk Management:
Architecture:
Risk Management Committee (RMC):
the Board for its approval, clear policies, strategy, risk
appetite and credit standards.
The Board has delegated authority to the RMC for credit risk
related responsibilities.
The committee oversees credit risk management and ensures
that the principal credit risks facing the Bank have been
properly identified and are being appropriately managed. The
committee approves and periodically reviews the overall risk
appetite and credit risk management strategy. The committee
reviews the risk management policies, the Bank’s compliance
with risk management guidelines stipulated by the RBI.
The risk committee also reviews credit risk profile and any
major development, internal and external, and their impact on
portfolio and as a whole on the bank
CRMC deals with the issues relating to credit policy and
procedures, and analyzes, manages and controls credit risk
on a bank wide basis.
As a part of Credit risk management process, Loan Review
Management Committee (LRMC), at Corporate Office, has
been constituted to undertake review of borrowal accounts
sanctioned by various Committees at CO and Zonal Credit
Committee.
Bank has adopted the definitions of the past due and impaired
(for accounting purposes) as defined by RBI for Income
Recognition andAsset Classification norms.
Non Performing Asset (NPA): A non performing asset (NPA) is
a loan or an advance where:
Interest and/ or installment of principal remain overdue for
a period of more than 90 days in respect of a term loan,
The account remains ‘out of order’ in respect of an
Overdraft/Cash Credit (OD/CC)
The bill remains overdue for a period of more than 90 days
in the case of bills purchased and discounted,
The installment of principal or interest thereon remains
overdue for two crop seasons for short duration crops
The installment of principal or interest thereon remains
overdue for one crop season for long duration crops
An OD/CC account is treated as 'out of order' if the outstanding
balance remains continuously in excess of the sanctioned
limit/drawing power for more than 90 days. In cases where the
outstanding balance in the principal operating account is less
than the sanctioned limit/drawing power, but there are no
Credit Risk Management Committee (CRMC):
Loan Review Management Committee: (LRMC):
Definitionsofpastdueandimpaired(foraccountingpurpose)
The policy of the bank for classifying bank’s loan assets is
as under:
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dksbZ tek ugha gS ;k mlh vof/k esa ukes Mkys x;s C;kt dks doj djus ds fy,tek i;kZIr igha gS rks bu [kkrksa dks **vfu;fer** ekus tk,¡xsA
voekud vkfLr ;g gS tksfd 12 eghus dh leku vof/k ;k mlls de vof/k dsfy, ,uih, ds :Ik esa jgk gksA
vkfLr dks lafnX/k vkfLr ds :i esa oxhZÑr fd;k tk,xk tc vkfLr 12 eghuksads fy, voeukd oxZ esa jgrh gSA
gkfudkj vkfLr og gS tc cSad }kjk ;k vkarfjd ;k ckg+; ys[kkdkjksa ;k HkkfjcSadds fujh{k.k ds le; ij gkfu dks igpkuk tkrk gSA
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cSad dh xSj&fu"ikfnr vkfLr;ksa dks vkxs rhu oxkZsa esa oxhZÑr dh xbZ gS%
voekud vkfLr;k¡ %
lafnX/k vkfLr;k¡
gkfudkjd vkfLr
_.k tksf[ke izca/ku uhfr %
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ra=] tksf[ke ldsanzhdj.k] tksf[ke fuxjkuh rFkk ewY;kadu] izko/kkuhdj.k rFkkfofu;ked @ fof/kd vuqikyu ij foosdh lhekvksa dks fu/kkZfjr djrh gSA
cSad mu tksf[keksa dh igpku djrk gS tks mudks izHkkfor djrs gSa rFkk bu
tksf[keksa ds eki] fuxjkuh rFkk fu;a=.k ds fy, mfpr rduhdh dk iz;ksx djrk
gSA
tcfd cksMZ @ cksMZ dh tksf[ke izca/ku lfefr uhfr rS;kj djrh gS rFkk fofHkUu
_.k tksf[keksa dks fu/kkZfjr djrh gS] _.k tksf[ke izca/ku lfefr cksMZ @
vkj,elh }kjk vuqeksfnr bu uhfr;ksa ,oa j.kuhfr;ksa dks dk;kZfU*or djrh gS]
cSad O;kid vk/kkj ij _.k tksf[ke dh fuxjkuh djrk gS rFkk tksf[ke lhekvksa
dk vuqikyu lqfuf'pr djrk gSA
cSad ¼d½ ,dy rFkk lkewfgd m/kkjdrkZvksa gsrq ,Dlikst+j lhek fu/kkZj.k ¼[k½
xzsM lhek jsfVax ¼x½ mn~;ksxokj ,Dlikst+j lhek rFkk ¼?k½ iwjs vapyksa esa
_.kksa ds HkkSxksfyd laforj.k ds fo'ys"k.k }kjk tksf[ke ladsnzhdj.k dk v/;;u
djrk gSA lHkh vapyksa dks pkj [kaMksa esa oxhZd`r fd;k x;k gS] ;Fkk mRrj]
nf{k.k] iwoZ ,oa if'peA
cSad fdlh Hkh m/kkjdrkZ ls lacaf/kr _.k tksf[ke dk eki djus ds fy, m/kkj
[kkrs dh jsfVax dks ,d egRoiw.kZ midj.k ekurk gS vkSj rnuqlkj cSad esa lHkh
'kk[kkvksa@vapy dk;kZy;ksa ds fy, lk¶Vos;j pkfyr jsfVax@Ldksfjax ek¡My
dk;kZfUor fd, x, gSA
¼ch½ dqy ldy _.k tksf[ ,oa xSj&fuf/k vk/kkfjr %
fooj.k ,dy ¼lkoZHkkSfed½ lesfdr
dqy fuf/k vk/kkfjr
dqy _.k tksf[ke ,DLiks'kj
1827291.47 1827707.10
520340.15 520383.35
2347631.62 2348090.45
ldy _.k tksf[ke ,DLiks'j
fuf/k vk/kkfjr
_.k ,oa vfxze
fuos'k
vU; vkfLr;ka
xSj fuf/k vk/kkfjr ftl esa vkdfLed ØsfMV] lafonk,a rFkkO;qRiUu 'kfkey gSa
1326321.44 1326399.07
285250.11 285280.80
215719.92 216027.23
*
ke] i`Fkd :i ls fuf/k vk/kkfjr
*blesa O;qRiUu ,DLiks'kj dh vuqekfur ewy jkf'k] xSj ykfHkr lhek] ,ylh] Lohd`fr;ka] xkjaVh 'kkfey gSA
HkkSxksfyd {ks= fuf/k vk/kkfjr vkdfLed _.k] lafonk,a rFkk dqyO;qRiUu lfgr xSj&fuf/k vk/kkfjr
dqy 1827291.47 520340.15 2347631.62
vksojlht
ns’kh
80142.93 14841.41 94984.34
1747148.54 505498.74 2252647.28
¼lh½ ,Dliks'kj dk HkkSxksfyd forj.k] fuf/k vk/kkfjr ,oa xSj&fuf/k vk/kkfjr vyx&vyx ls % ( )` fefy;u esa
( )` fefy;u esa
292
credits continuously for 90 days as on the date of Balance
Sheet or credits are not enough to cover the interest debited
during the same period, these accounts are treated as 'out of
order'.
A sub standard asset is one which has remained NPA for a
period less than or equal to 12 months.
An asset would be classified as doubtful if it has remained in
the sub standard category for 12 months.
A loss asset is one where loss has been identified by the bank
or by internal or external auditors or the RBI inspection.
The Bank has put in place the Credit Risk Management Policy
and the same has been circulated to all the branches. The
main objective of the policy is to ensure that the operations are
in line with the expectation of the management and the
strategies of the top management are translated into
Non Performing Assets of the Bank is further classified in
to three categories as under:
Sub standardAssets
DoubtfulAssets
LossAssets
Credit Risk Management Policy:
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meaningful directions to the operational level. The Policy
stipulates prudential limits on large credit exposures,
standards for loan collateral, portfolio management, loan
review mechanism, risk concentrations, risk monitoring and
evaluation, provisioning and regulatory / legal compliance.
The Bank identifies the risks to which it is exposed and applies
suitable techniques to measure, monitor and control these
risks.
While the Board / Risk Management Committee of the Board
devises the policy and fixes various credit risk exposures,
Credit Risk Management Committee implements these
policies and strategies approved by the Board / RMC,
monitors credit risks on a bank wide basis and ensures
compliance of risk limits.
The Bank studies the concentration risk by (a) fixing exposure
limits for single and group borrowers (b) rating grade limits (c)
industry wise exposure limits and (d) analyzing the
geographical distribution of credit across the Zones. All the
Zones are categorized under four segments namely North,
South, East and West.
Bank considers rating of a borrowal account as an important
tool to measure the credit risk associated with any borrower
and accordingly implemented rating software .
(b) Total gross credit risk exposures, Fund Based and Non-fund based separately.
Particulars Solo (Global) Consolidated
Total Fund Based 1827291.47 1827707.10
520340.15 520383.35
2347631.62 2348090.45
Gross Credit Risk Exposures
Fund Based
Loans andAdvances 1326321.44 1326399.07
Investments 285250.11 285280.80
OtherAssets 215719.92 216027.23
Non Fund Based including contingent credit, contracts and
derivatives*
Total Credit Risk Exposure
*includes notional principles of derivatives exposures, unavailed limits, LC, acceptances Guarantees
Geographical Region Fund Based Non Fund Based including contingent
credit, contracts and derivatives
Total 1827291.47 520340.15 2347631.62
Total
Overseas 80142.93 14841.41 94984.34
Domestic 1747148.54 505498.74 2252647.28
(c) Geographic distribution of exposures Fund based and Non-fund based separately ( in Million)`
( in Million)`
293
¼Mh½ 31 03 2016 rd ,DLiks'kj dk m|ksxokj forj.k ¼,dy & lkoZHkkSfed½
1 875.84 30.00 1207.22
2
2.1 105094.51 11591.52 142824.16
2.2 39336.20 1912.91 56320.47
2.3 7329.61 20662.32 29193.86
2.4 19163.49 5459.06 33963.22
2.5 26475.54 832.92 31742.50
2.6 2689.07 620.09 4043.79
2.7 8458.42 280.66 9563.73
3 26483.04 17690.79 57991.14
4 41120.52 3198.13 54197.27
5 7336.88 854.27 9176.71
6 40215.26 3767.71 52098.48
7 19977.57 19231.67 52828.74
8 6845.16 1729.42 10171.13
9 20014.30 2989.33 31901.08
10 2108.08 246.72 3310.20
11 1315.91 49.36 1811.85
12 14425.07 1541.32 18387.76
13 1156.21 184.82 1803.72
14 5421.20 5302.11 12358.80
15 774.28 0.20 1012.05
16 13573.69 30616.71 56459.86
17 6166.35 1271.74 11253.89
18 5314.68 716.20 8209.31
19 2120.33 1340.50 4570.74
20 1466.15 243.81 2208.00
21 5747.06 395.81 7303.69
22 1030.93 174.20 1900.95
23 8206.90 283.05 9232.22
24 3257.38 472.36 4990.22
25 5572.91 0.00 5592.30
26 2887.97 4111.22 7270.49
27 2824.40 1911.23 7536.09
28 721.19 2074.53 8260.56
29 126852.19 8270.11 203690.28
30 135360.84 658.99 168793.79
jRu vkSj tsoj ghjk lfgr
vk/kkfjd lajpuk
fctyh
iksVZ @ lMd
VsyhdkWe
vU; vk/kkfjd lajpuk
'kSf{kd laLFkk
vLirky
gksVy
isVªksfy;e ,oa isVªksfy;e mRikn
oL=
phuh
yksgk ,oa bLikr
lHkh bathfu;fjax
vkS"k/kh; ,oa jlk;u
[kkn~; lalk/ku ¼dktw] [kkn~; rsy ,oa ouLifr lfgr½
dksY;jh ,oa eSfuax
moZjd
lhesaV ,oa lhesaV mRikn
peM+k ,oa peM+k mRikn
bysDVªkfud ,oa daI;wVj ¼gkMZos;j ,oa lk¶+Vos;j½
pk; @ dkQh
daLVªD'ku dkUVªkDVlZ
jcM] IyksfLV~Dl ,oa vU; mRikn ¼Vk;j lfgr½
vkVksekscby ¼okgu] okgu iqtsZ vkSj ifjogu miLdj½
is; ,oa rEckdw
ydMh ,oa ydMh mRikn
dkxt ,oa dkxt mRikn
XySl ,oa xySlos;j
vU; /kkrq ,oa /kkrq mRikn
eqnz.k ,oa izdk'ku
foekuu
ehfM;k ,oa euksjatu
ykftLVhDl
tgkt fuekZ.k
O;kikj ¼QqVdj O;kikj ds vykok½
,uch,Qlh
Øekad mn~;ksx dk uke fuf/k
vk/kkfjr
xSj fuf/k
vk/kkfjr
izfrc)
_.k
cdk;k
( )` fefy;u esa
31 ekpZ 2016 dks fuEufyf[kr m|ksxksa esas cSad dk ,DLiks'kj #i, fefy;u d dqy ldy _.k ,DLiks'kj ds 5 izfr'kr ls vf/kd FkkA1809071.63 s
Ø-la mn~;ksx dk oxhZdj.k dqy ldy _.k ,Dlikstjdk izfr'kr
1 9.33%
2 7.89%
,uch,Qlh
ikoj
294
(d) Industry-wise distribution of exposures (Solo) as on 31-03-2016
1 Gems and Jewellery including Diamond 875.84 30.00 1207.22
2 Infrastructure
2.1 Power 105094.51 11591.52 142824.16
2.2 Ports / Roads 39336.20 1912.91 56320.47
2.3 Telecom 7329.61 20662.32 29193.86
2.4 Other infrastructure 19163.49 5459.06 33963.22
2.5 Educational Institution 26475.54 832.92 31742.50
2.6 Hospital 2689.07 620.09 4043.79
2.7 Hotel 8458.42 280.66 9563.73
3 Petroleum and Petroleum Products 26483.04 17690.79 57991.14
4 Textiles 41120.52 3198.13 54197.27
5 Sugar 7336.88 854.27 9176.71
6 Iron & Steel 40215.26 3767.71 52098.48
7 All Engineering 19977.57 19231.67 52828.74
8 Pharmaceuticals & Chemicals 6845.16 1729.42 10171.13
9 Food Processing (including Cashew, Edible Oils & Vanaspati) 20014.30 2989.33 31901.08
10 Colliery & Mining 2108.08 246.72 3310.20
11 Fertilizer 1315.91 49.36 1811.85
12 Cement & Cement Products 14425.07 1541.32 18387.76
13 Leather & leather products 1156.21 184.82 1803.72
14 Electronics & Computers (Hardware & software) 5421.20 5302.11 12358.80
15 Tea / Coffee 774.28 0.20 1012.05
16 Construction contractors 13573.69 30616.71 56459.86
17 Rubber, Plastics and their products (including tyre) 6166.35 1271.74 11253.89
18 Automobiles (Vehicles, Vehicle Parts & Transport Equipments) 5314.68 716.20 8209.31
19 Beverages and Tobacco 2120.33 1340.50 4570.74
20 Wood and Wood Products 1466.15 243.81 2208.00
21 Paper and Paper Products 5747.06 395.81 7303.69
22 Glass and Glassware 1030.93 174.20 1900.95
23 Other metal and metal products 8206.90 283.05 9232.22
24 Printing and Publishing 3257.38 472.36 4990.22
25 Aviation 5572.91 0.00 5592.30
26 Media and Entertainment 2887.97 4111.22 7270.49
27 Logistics 2824.40 1911.23 7536.09
28 Ship Building 721.19 2074.53 8260.56
29 Trade (Other than retail trade) 126852.19 8270.11 203690.28
30 NBFC 135360.84 658.99 168793.79
S.No. Name of the industryFund
BasedNon Fund
Based
CommittedExposure
Outstanding
( in Million)`
As on 31-03-2016, the Bank’s exposure to the industries stated below was more than 5% of the total gross credit exposure
of 1809071.63 million :A
Sl.No Industry Classification Percentage of the total gross
credit exposure
1 NBFC 9.33%
2 Power 7.89%
295
¼bZ½ vfxzeksa ,oa fuos'kksa ds vof'k"V lafonkxr ifjiDork ds vyx vyx vkadMs
*
1290490.76 545391.00
1 14462.41 40240.40
2-7 15903.89 19412.30
8 -14 71436.89 9900.80
15 - 30 47855.18 9691.30
31 - 2 70830.43 15865.10
2 3 74094.08 21943.80
3 6 94055.40 35301.30
6 1 197622.28 51255.70
1 3 375368.89 230981.80
3 5 160173.14 26376.70
5 168688.16 84421.80
*
fooj.k vfxze fuos'k
dqy
fnu
fnu
fnu
fnu
fnu ekg
ekg ls vf/kd ekg rd
ekg ls vf/kd ekg rd
ekg ls vf/kd o"kZ rd
o"kZ ls vf/kd o"kZ rd
o"kZ ls vf/kd o"kZ rd
o"kZ ls vf/kd
buesa fefy;u dh jssiks ¼,y,,Q½ izfrHkwfr;kWa vkSj fefy;u dh izfrorhZ jsiks 'kkfey gSa vkSj lwphc) bZfDofV;ksa ds 50 izfr'kr dh jkf'k'kkfey ugha gSA
` `
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39425.90 22880
4095.60
88270.42
25273.07
24823.85
34829.41
2117.32
1226.77
54194.01
6.66%
4.20%
56704.39
57038.22
25472.19
88270.42
20989.28
23766.79
16050.86
562.30
29267.51
397.20
397.20
1543.04
525.42
0.00
125.78
1942.68
¼,Q½ ,uih, dh jkf'k ¼ldy½ & ¼,dy lkoZHkkSfed½
voekud
lafnX/k 1
lafnX/k 2
lafnX/k 3
gkfu
¼th½ fuoy ,uih,
¼,p½ ,uih, vuqikr
ldy vfxze ds izfr ldy ,uih,
fuoy vfxze ds izfr fuoy ,uih,
¼vkbZ½ ,uih, dk vkokxeu ¼ldy½
vFk'ks"k
tksM
?kVko
var'ks"k
¼ts½ ,uih, ds izko/kku dk vkokxeu
vFk'ks"k
o"kZ ds nkSjku fd, x, izko/kku
cV~Vs[kkrs Mkyh xbZ jkf'k
vfrfjDr izko/kkuksa dk izfrys[ku
var'ks"k
¼dss½ xSj fu"iknd fuos'kksa dh jkf'k
¼,y½ xSj fu"iknd fuos'k gsrq /kkfjr izko/kku jkf'k
¼,e½ fuos'kksa ij ewY;gªkl gsrq izko/kkuksa dk vkokxeu
vFk'ks"k
o"kZ ds nkSjku fd, x, izko/kku
cV~Vs[kkrs Mkyh xbZ jkf'k
vfrfjDr izko/kkuksa dk izfrys[ku
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296
(e) Residual contractual maturity break-up of advances and investments
Advances Investments*
Total 1290490.76 545391.00
1 day 14462.41 40240.40
2-7 days 15903.89 19412.30
8 -14 days 71436.89 9900.80
15 to 30 days 47855.18 9691.30
31 days to 2 months 70830.43 15865.10
2 months to 3 months 74094.08 21943.80
Over 3 months to 6 months 94055.40 35301.30
Over 6 months to 1 year 197622.28 51255.70
Over 1 year to 3 years 375368.89 230981.80
Over 3 years to 5 years 160173.14 26376.70
Over 5 years 168688.16 84421.80
*Includes Repo(LAF) securities of 39425.90 million, Reverse Repo(LAF) securities of 22880 million and excludes 50% oflisted equities of 4095.60 million
A A
A
(f) Amount of NPAs (Gross) – (Solo-Global) 88270.42
Substandard 25273.07
Doubtful 1 24823.85
Doubtful 2 34829.41
Doubtful 3 2117.32
Loss 1226.77
(g) Net NPAs 54194.01
(h) NPA Ratios
Gross NPAs to gross advances 6.66%
Net NPAs to net advances 4.20%
(i) Movement of NPAs (Gross)
Opening Balance as on 31.03.2015 56704.39
Additions 57038.22
Reductions 25472.19
Closing Balance 88270.42
(j) Movement of provisions for NPAs (excl floating provision)
Opening Balance 20989.28
Provisions made during the period 23766.79
Write Off 16050.86
Write-back of excess provisions 562.30
Closing balance 29267.51
(k) Amount of Non-Performing investments 397.20
(l) Amount of Provisions held for non-performing investments 397.20
(m) Movement of provisions for depreciation on investments
Opening balance 1543.04
Provisions made during the period 525.42
Write-off 0.00
Write-back of excess provisions 125.78
Closing balance 1942.68
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( in Million)`
( in Million)`
297
Lkh/ks vk; fooj.k esa izfo"V cV~Vkd`r jkf'k;k¡ vkSj olwfy;k¡%
mxkgh ds v/khu jgs [kkrksa esa olwfy;k¡
C;kt Kkiu
fof/kd izHkkjksa dk Kkiu
cV~VkÑr [kkrksa esa olwfy;ka
2474.20
981.00
24.89
267.00
ewyHkwr lajpuk
ewy /kkrq rFkk /kkrq mRikn
lHkh bathfu;fjax
oLrz
fuekZ.k
13139.02 4945.28 8193.74
29357.30 10664.43 13591.79
4717.98 1712.68 3005.30
6026.51 2367.60 3658.92
888.00 216.76 671.24
mn~;ksx ldy ,uih, Izkko/kku fuoy ,uih,
izeq[k mn~;ksx ds izdkj&okj ,uih, jkf'k ( )` fefy;u esa
ns'kh vksojlht oSf'od
,uih, dh jkf'k ¼ldy½ 83275.93 4994.49 88270.42
24467.55 805.52 25273.07
1 23683.55 1140.3 24823.85
2 34470.03 359.38 34829.41
3 516.66 1600.66 2117.32
138.14 1088.63 1226.77
52957.83 1236.18 54194.01
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lkj.kh Mh,Q &4
_.k tksf[ke % ekudhd`r vfHkxe ds v/;/khu lafoHkkxksa gsrq izdVhdj.k
xq.koRrk izdVhdj.k %
cgqy jsfVax ewY;kadu dk iz;ksx %
¼,½ csly <kaps ds vuqlkj vgZ ,DLiks'kjksa tSls dkiksZjsV] iwath ckt+kj ,Dlikslj vkfn ds fy, cSad Hkkjrh; fjt+oZ cSad }kjk vuqeksfnr Ns nj
fu/kkZj.k vfHkdj.kksa ;Fkk d½ Økbfly [k½ bØk x½ ds;j vkSj ?k½ bafM;k jsfVaXl bZ½ fczdodZ~l ,oa ,Q½ Lesjk }kjk fufnZ"V jsfVax dk iz;ksx djrk gSA leqnzikj _.k
,Dlikst+j ds fy,] cSad LVS.MMZ ,.M iqvj] fQV~p] ewMhl dh jsfVax dks Lohdkj djrk gSA
cSad us lHkh ik= ,Dlikst+jksa ds fy, nksuksa rqyui= esa vkSj rqyui= ls ijss] y?kqdkyhu ;k nh?kZdkyhu tks Hkh gks] csly AAA iw¡th fofu;euksa ij Hkkjrh; fjt+oZ cSad
fn'kkfunsZ'kksa esa vuqer i)fr ds vuqlkj mi;qZDr vuqeksfnr _.k jsfVax vfHkdj.kksa }kjk fu/kkZfjr jsfVax dk iz;ksx fd;k gSA
jsfVax vfHkdj.kksa }kjk viuh osclkbV ij izdkf'kr jsfVax dks gh bl mn~~ns'; ds fy, iz;ksx fd;k tkrk gSA lacaf/kr jsfVax vfHkdj.k ds ekfld cqysfVu ds vuqlkj jsfVaXl
tks pkyw gSa] dk iz;ksx fd;k tkrk gSA
cSad ds lafoHkkx esa gksusokyh vkfLr;k¡ ftudh lafonkxr ifjiDork ,d o"kZ ds leku ;k mlls de gS rks y?kq dkyhu jsfVax tks p;uhr _.k jsfVax vfHkdj.kksa }kjk fn;k
tkrk gS] mls izklafxd ekuk tkrk gSA cSad ds lafoHkkx esa gksusokyh vkfLr;k¡ ftudh lafonkxr ifjiDork ,d o"kZ ls vf/kd gks rks nh?kZdkyhu jsfVax tks p;uhr _.k
jsfVax vfHkdj.kksa }kjk fn;k tkrk gS] mls izklafxd ekuk tkrk gSA
p;fur ns'kh _.k vfHkdj.kksa }kjk tkjh nh?kZ dkyhu @ vYi dkyhu jsfVax dks csly AAA iw¡th fofu;euksa ds v/khu ekudhÑr n`f"Vdks.k ds vuqlkj iz;ksT; mfpr
tksf[ke Hkkfjrk ds lkFk eSi fd;s x;s gSaA
vxj p;fur _.k jsfVax vfHkdj.kksa }kjk nks jsfVax miyC/k fd;s tkrs gSa ftlls fofHkUu tksf[ke Hkkj dk eSfiax gksrk gS rks mPp tksf[ke Hkkj dks fy;k tkrk gSA
vxj p;uhr _.k jsfVax vfHkdj.kksa }kjk fofHkUu tksf[ke Hkkfjrk ds lkFk rhu ;k vf/kd jsfVax fn;s tkrs gSa rks nks fuEu tksf[ke Hkkj ds laca/k esa jsfVax dks lanfHkZrdjuk pkfg, rFkk buesa ls vf/kd okys nks tksf[ke Hkkj dks yxkuk pkfg, ;Fkk nwljk fuEure tksf[ke Hkkj
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298
Write off and recoveries that have been booked directly to the income statement:
Recovery in Accounts under collection 2474.20
Memorandum of Interest 981.00
Memorandum of Legal charges 24.89
Recovery in written off accounts 267.00
Industry Gross NPA Provision Net NPA
Infrastructure 13139.02 4945.28 8193.74
Basic Metal and metal products 29357.30 10664.43 13591.79
All engineering 4717.98 1712.68 3005.30
Textiles 6026.51 2367.60 3658.92
Constructions 888.00 216.76 671.24
Amount of NPA by Major Industry type ( in Million)`
Domestic Overseas Global
Amount of NPAs (Gross) 83275.93 4994.49 88270.42
Substandard 24467.55 805.52 25273.07
Doubtful 1 23683.55 1140.3 24823.85
Doubtful 2 34470.03 359.38 34829.41
Doubtful 3 516.66 1600.66 2117.32
Loss 138.14 1088.63 1226.77
Net NPAs 52957.83 1236.18 54194.01
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Table DF – 4
Credit Risk: disclosures for portfolios subject to the standardized approach
Qualitative Disclosures:
Use of multiple rating assessment:
(a) The Bank uses ratings assigned by the six Rating Agencies approved by the Reserve Bank of India namely a) CRISIL,
b) ICRA, c) CARE, d)India Ratings, e)BRICKWORKS and f) SMERA for the eligible exposures such as Corporate,
Public Sector Enterprises, Capital Market Exposures etc. according to the Basel III framework. For overseas credit exposure,
bank accepts rating of Standard &Poor, Fitch, Moody’s.
The Bank has used the solicited ratings assigned by the above approved credit rating agencies for all eligible exposures, both
on balance sheet and off balance sheet, whether short term or long term, in the manner permitted in the RBI guidelines on
Basel III capital regulations.
Ratings published by the rating agencies on their website are used for this purpose. Only, ratings which are in force as per
monthly bulletin published in the website of the concerned rating agency are taken into account.
For assets in the Bank’s portfolio that have contractual maturity less than or equal to one year, short term ratings accorded by
the chosen credit rating agencies are considered relevant. For other assets, which have a contractual maturity of more than
one year, long term ratings accorded by the chosen credit rating agencies are considered relevant.
Long term/short term ratings issued by the chosen domestic credit rating agencies have been mapped to the appropriate risk
weights applicable as per the standardised approach under Basel III capital regulations.
If therearetworatingsaccordedbychosencredit ratingagenciesthatmapintodifferent riskweights, thehigherriskweightareapplied
If there are three or more ratings accorded by chosen credit rating agencies with different risk weights, the ratings
corresponding to the two lowest risk weights should be referred to and the higher of those two risk weights should be applied.
i.e., the second lowest risk weight
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ek=kRed izdVhdj.k %
¼ch½ ekudhd`r vfHkxe ds rgr _.k tksf[ke fuokj.k ds ckn foHkkftr dqy _.k tksf[ke ,DLikslj ¼,dy & lkoZHkkSfed½ fuEukuqlkj gS %
,dy ¼lkoZHkkSfed½ cgh ewY; tksf[ke Hkkfjr @ewY;
dqy 2347631.60 985897.31
100% 1573249.67 337238.99
100% 498362.38 394898.62
100% 276019.55 253759.70
tksf[ke Hkkj ds uhps
tksf[ke Hkkj
ls vf/kd tksf[ke Hkkj
( )` fefy;u esa
ekudhd`r vfHkxe ds rgr _.k tksf[ke fuokj.k ds ckn foHkkftr dqy _.k tksf[ke ,DLikslj¼lesfdr½ fuEukuqlkj gS %
lesfdr cgh ewY; tksf[ke Hkkfjr @ewY;
dqy 2348090.43 986353.61
100%
00%
100%
tksf[ke Hkkj ds uhps
tksf[ke Hkkj
ls vf/kd tksf[ke Hkkj
1573252.84 337239.62
1 498822.75 395354.29
276014.84 253759.70
( )` fefy;u esa
lkj.kh Mh,Q & 5 _.k tksf[ke fuokj.k & ekudhd`r vfHkxeksa gsrq izdVhdj.k
xq.kkRed izdVhdj.k
iw¡th izHkkj ds vfHkdyu gsrq ik= laikf'oZd ftlds fy, lhvkj,e ykHk fy;k x;k gS%
xkjaVkj dkÅaVjikVhZ ds eq[; izdkj vkSj mudh m/kkj ik=rk
cSad us ¼d½ _.k tksf[ke fuokj.k rFkk cslsy AAA@Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kksa dh Hkkouk dks /;ku es j[krs gq, mfpr laikf'oZd dh igpku ij tkx#drk c<+kus
rFkk ¼[k½ cslsyAA@ Hkkjrh; fjt+oZ cSad ds fn'kkfunsZ'kksa esa fu/kkZfjr vfHkxe ds vuqlkj iw¡th izHkkj ds ifjdyu esa _.k tksf[ke fuokj.k ykHk dks b"Vre cukus ds izkFkfed
mn~~ns'; ls _.k tksf[ke fuokj.k rFkk laikf'oZd izca/ku uhfr ykxw dh gSA
cSad lk/kkj.kr% _.k lgHkkfxrk] ,DLikst+j dh mPpre lhek] ,LØks ra=] ok;nk doj] mPprj ekftZu] _.k izlafonkvksa] laikf'oZd rFkk chek doj tSls _.k fuokj.k
rduhdksa ij Hkjkslk djrk gSA
_.k tksf[ke izca/ku uhfr esa ewY;kadu i)fr;ksa dks foLr`r :i ls crk;k x;k gSA
iw¡th izHkkj ds vfHkdyu gsrq lhvkj,e dh miyC/krk gsrq fuEufyf[kr laikf'oZdksa dks igpkuk tkrk gSA
cSad ds lkFk tekvksa ij udnh ¼tek izek.ki=ksa vFkok rqyukRed fy[krksa ds lkFk lkFk _.knkrk cSad }kjk tkjh dh xbZ lkof/k tek dh jlhnksa dks feykdj½ tks fddkÅ¡Vj ikVhZ ,Dikslj dks iznku dj jgk gSA
lksuk% lksuk] rFkk tsoj dks lfEeyr djsxkA ;|fi laikf'oZd tsoj dh dher 99-99 lqn`<rk ds fy, csapekdZ gksuh pkfg,A
dsUnz vkSj jkT; ljdkj }kjk t+kjh izfrHkwfr;k¡A
fdlku fodkl i= vkSj jkf"Vª; opr çek.k&i= ftuesa vo#)rk vof/k miyC/k ugha gS] fØ;k'khy gSa vkSj mUgsa /kkj.k vof/k ds vanj Hkquk;k tk ldrk gSA
,d chek daiouh tks fd chek {ks= fu;ked }kjk fofu;fer dh tkrh gS] dh ?kksf"kr ljsaMj dher ds lkFk chek ikWfyfl;k¡A
cSad xkjaVh;ksa dh 'krkZsa esa _.k lqj{kk ij fopkj djrk gS] tks fd izR;{k] lqLi"V] vpy vkSj vizfrcaf/kr@'krZ jfgr gksaA cSad lHkh _.k lqj{kk dks iw¡th vko';drk ds
vfHkdyu ds nkSjku /;ku esa j[krk gSA
dkÅaVjikVhZ dh rqyuk esa fuEure tksf[ke Hkkj ds lfgr miØeksa }kjk tkjh xkjafV;ka gh iw¡th izHkkj dks de djus esa eq[; Hkwfedk fuHkk;sxhaA D;ksafd dkÅaVjikVhZ
,Dlikslj dk ljqf{kr fgLlk xkjaVj ds tksf[ke Hkkj dks fufnZ"V djrk gS] tcfd vjf{kr fgLlk ubZ dkšVj ikVhZ ds _.k Hkkj dks cuk;s j[krk gSA
fuEufyf[kr miØeksa }kjk nh xbZ _.k lqj{kk dkÅaVjikVhZ ds :i esa igpkuh tkrh gSA
'kklu ¼dsUnz vkSj jkT; ljdkj½
ljdkjh miØe ¼bZlhthlh vkSj lhthVh,e,lbZ dks feykdj½
dkmaVjikVhZ dh rqyuk esa fuEure _.k Hkkfjr cSad
fuokj.k gsrq ;ksX; lHkh izdkj dh izfrHkwfr;ka vklkuh ls olwyh ;ksX; foRrh; izfrHkwfr;ka gSaA bl dkj.k ls] cSad }kjk ekU;rk izkIr _.k tksf[ke fuokjdksa esa_.k ladsanzhdj.k dks gVkus ds fy, orZeku esa dksbZ lhek @ mPpre lhek fu/kkZfjr ugha dh xbZ gSA
cSad iw¡th ewY;kadu esa O;kid n`f"Vdks.k dk iz;ksx djrk gSA O;kid n`f"Vdks.k esa laikf'oZd dks ysrs le;] cSad iw¡th i;kZIrrk iz;ksx ds fy, le;ksftr ,Dlikst+j dks
izfri{kdkj ds fy, laikf'oZd ds vlj dks larqfyr dj x.kuk djrk gSA cSad dksbZ Hkh laikf'oZd ds ewY; dks lek;kstu djus ds fy, laHkkO; Hkkoh mrkj&p<+ko dks /;ku
esa j[kdj ckt+kj esa gksusokys ifjorZu esa izfrHkwfr ds ewY; dks doj djrk gSA
:
i)
ii)
iii)
iv)
v)
(I)
(ii)
(iii)
iwth l dVkrh% vuq"kfx;k e fuo'k%
300
Quantitative Disclosures:
(b)The total credit risk exposure (Solo-Global) bifurcated after the credit risk mitigation under Standardized Approach is as under:
Solo (Global) Book Value Risk Weighted value
Total 2347631.60 985897.31
Below 100% Risk weight 1573249.67 337238.99
100% Risk weight 498362.38 394898.62
Above 100% Risk weight 276019.55 253759.70
( in Million)`
The total credit risk exposure (Consolidated) bifurcated after the credit risk mitigation under Standardized Approach is as under:
Consolidated Book Value Risk Weighted value
Total 2348090.43 986353.61
Below 100% Risk weight 1573252.84 337239.62
100% Risk weight 498822.75 395354.29
Above 100% Risk weight 276014.84 253759.70
( in Million)`
Table DF-5 :Credit Risk Mitigation: disclosures for standardized approaches
Qualitative Disclosures
Eligible collateral for which CRM benefit taken for Computation of Capital Charge:
Main types of guarantor counterparty and their creditworthiness
The Bank has put in place Credit Risk Mitigation & Collateral Management Policy with the primary objective of a) Mitigation of creditrisks & enhancing awareness on identification of appropriate collateral taking into account the spirit of Basel III / RBI guidelines and(b) Optimizing the benefit of credit risk mitigation in computation of capital charge as per approaches laid down in Basel II / RBIguidelines.
The Bank generally relies on Risk Mitigation techniques like Loan participation, Ceiling on Exposures, Escrow mechanism, Forwardcover, higher margins, loan covenants, Collateral and insurance cover.
Valuation methodologies are detailed in the Credit Risk Management Policy.
The following collaterals are recognized for availing CRM benefit for Computation of Capital Charge:
i) Cash (as well as certificates of deposit or comparable instruments, including fixed deposit receipts, issued by the lending bank)on deposit with the bank, which is incurring the counterparty exposure.
ii) Gold: Gold would include both bullion and jewellery. However, the value of the collateralized jewellery should be benchmarked to99.99 purity.
iii) Securities issued by Central and State Governments
iv) Kisan Vikas Patra and National Savings Certificates provided no lock-in period is operational and if they can be encashed withinthe holding period
v) Life insurance policies with a declared surrender value of an insurance company which is regulated by an insurance sector regulator
The Bank considers credit protection in terms of the guarantees which are direct, explicit, irrevocable and unconditional. Thebank takes into account such credit protection in calculating capital requirements
Only guarantees issued by entities with a lower risk weight than the counterparty will lead to reduced capital charges, since theprotected portion of the counterparty exposure is assigned the risk weight of the guarantor, whereas the uncovered portionretains the risk weight of the underlying counterparty
Credit protection given by the following entities is recognised as counterparty Guarantor:
(i) Sovereigns (Central and State Governments)
(ii) Sovereign entities (including ECGC and CGTMSE)
(iii) Banks with a lower risk weight than the counterparty
All types of securities eligible for mitigation are easily realizable financial securities. Hence, presently no limit / ceiling has beenprescribed to address the concentration risk in credit risk mitigants recognized by the Bank.
The Bank uses the comprehensive approach in capital assessment. In the comprehensive approach, when taking collateral, theBank calculates the adjusted exposure to a counterparty for capital adequacy purposes by netting off the effects of thatcollateral. The Bank adjusts the value of any collateral by a haircut to take into account possible future fluctuations in the valueof the security occasioned by market movements
301
_.k ¼,Dlikst+j½ dk izdkj foRrh; laikf'oZd xkjafV;ka
dqqy fuf/k vk/kkfjr
dqy
217658.24 42531.48
239499.02 47644.41
ldy _.k tksf[ke ,Dlikst+j
fuf/k vk/kkfjr
_.k vkSj vfxze
fuos'k
vU; vkfLr;ka
xSj fuf/k vk/kkfjr ftl esa izklafxd ØsfMV] lafonk,avkSj O;qRiUu 'kkfey gSa
217658.24 42168.77
0.00 362.71
0.00 0.00
21840.78 5112.93
vgZ
( )` fefy;u esa
Ekk=kRed izdVhdj.k
izR;sd izdfVr vyx _.k tksf[ke lafoHkkx gsrq] ¼,dy&lkoZHkkSfed @ lesfdr½ dqy _.k ¼;Fkk ykxw rqyu&i= esa ;k mlds ckgj usfVax ds ckn½ tksfd ekftZu ykxwdjus ds ckn ;ksX; foRrh; laikf'oZd }kjk doj fd;k tkrk gS %
lkj.kh Mh,Q & 6
izfrHkwfrdj.k % ekudhd`r vfHkxe gsrq izdVhdj.k
xq.koRrk izdVhdj.k %
ek=kRed izdVhdj.k %
cSad us dksbZ izfrHkwfrdj.k fØ;kdyki ugha fd;k gSA
'kwU;
lkj.kh Mh,Q & 7
O;kikj cgh ¼VªsfMax cqd½ esa ckt+kj tksf[ke
Ckkt+kj tksf[ke
,½ tksf[ke dh igpku%&
ch½ tksf[ke ekiu vkSj ifjlhek,a%&
Ckktkj ds ifjorhZ rF;ksa esa ifjorZu ds dkj.k gksusokyh gkfu dh laHkkouk cktkj tksf[ke gSA varjjk"Vªh; fuiVku cSad ¼chvkbZ,l½ dh ifjHkk"kk ds vuqlkj cktkj tksf[ke
^^og tksf[ke gS ftlls bZfDoVh vkSj C;kt nj cktkjksa] eqnzk fofue; njksa vkSj i.;ksa ds ewY;ksa esa mrkj&p<+ko ds dkj.k ^^vkWu^^ vkSj **vkWQ** rqyu irz dh fLFkfr izfrdwy <ax
ls izHkkfor gks tkrh gSA **vr% C;kt njksa dk cktkj Lrj ;k izfrHkwfr;ksa ds ewY;] fons'kh fofue; vkSj bZfDoVh esa ifjorZu rFkk lkFk gh bu ifjorZuksa dh vfLFkjrk ds dkj.k
cSad dh iwath vkSj vtZu dks gksusokyk tksf[ke] ckt+kj tksf[ke gksrk gSA cktkj tksf[ke izca/ku dk mn~ns'; gS] O;kikfjd bdkb;ksa dks cktkj tksf[ke ,Dliks'kj ds laca/k esa
fo'ys"kdksa ls pkfyr fufof"V;ka iznku djuk] tksf[ke ,Dliks'kj dh rqyuk esa lafoHkkx fu"iknu vkSj rqyuh; csapekdZ nsus ds tfj;s tksf[ke lek;ksftr izfrQy dh nj dks
vf/kd ls vf/kd djus esa mudks lgk;rk iznku djukA Ckktkj tksf[ke ds varxZr fuEufyf[kr tksf[keksa dk izca/ku fd;k tkrk gS %
C;kt nj tksf[ke
fofue; nj tksf[ke
bZfDoVh dher tksf[ke
i.;ksa ds ewY;ksa esa ifjorZu ,oa mrkj p<+ko ls Hkh cktkj tksf[ke gks ldrh gS] ;|fi cSad ds i.; lEcUèkh cktkjksa esa dksbZ fuos'k ugha gS
cSad ds cktkj tksf[ke çcaèku ¼,evkj,e½ dk ÝseodZ fuEukuqlkj gS
;g uhfr cktkj tksf[ke dk irk yxkus] ewY;kafdr djus vkSj O;ofLFkr djus ds fy, ra= jfpr djus ij dsfUnzr gS rkfd tksf[ke
ds fofHkUu vk;keksa dh igpku vkSj O;kikj ds izR;sd dk;Zdyki dh ekU;rk dks Li"V fd;k tk ldsA
cSad bl ckr dks Li"Vr;k ekurk gS fd cktkj tksf[ke ds lHkh igyqvksa dks dksbZ ,d tksf[ke & lkaf[;dh izfrfcafcr ugha dj
ldrhA vr% cktkj tksf[ke esa tksf[ke ekiu dh lqn`<rk dks csgrj cukus ds fy, fofHkUu lkaf[;dh; ,oa xSj&lkaf[;dh; tksf[ke mik;ksa dk iz;ksx fd;k tkrk gS
D;ksafd budk voyksdu ,d lkFk djus ij tksf[ke ds ;s dne] fdlh ,dy dne dh rqyuk esa cktkj tkf[ke ,Dlikstj dh lE;d n`f"V iznku djrs gaSA cktkj
tksf[ke dk izca/ku] fofHkUu ekius ds lk/kuksa] ;Fkk] tksf[ke ij jgs ewY; ¼oh,vkj½] tksf[ke ij jgs vtZu] vk'kksf/kr vof/k] ihoh 01 lhek,a] fuoy vksojukbV [kqyh
fLFkfr lhek,a ¼,uvksvksih,y½] oS;fDrd xSi lhek ¼vkbZth,y½ ds tfj, eqnzk&okj vkSj lw{exzfgrk fo'ys"k.k ds tfj;s Hkh fd;k tkrk
gSA vfrrhoz] ijUrq eqefdu vk/kkrksa dh ifjfLFkfr;ksa esa cSad dh vlqj{kk dh fLFkfr dks ekfuVj djus ds fy, fu;fer vk/kkj ij ruko ijh{k.k Hkh fd;k tkrk gSA
�
�
�
|
:
rFkk dqy xSi lhek ¼,th,y½
302
Type of Exposure Eligible financial Collateral Guarantees
Total Fund Based 217658.24 42531.48
Total 239499.02 47644.41
Gross Credit Risk Exposures
Fund Based
Loans andAdvances 217658.24 42168.77
Investments 0.00 362.71
OtherAssets 0.00 0.00
Non Fund Based including contingent
credit, contracts and derivatives 21840.78 5112.93
( in Million)`
Quantitative Disclosures
For each separately disclosed credit risk portfolio (Solo-Global / Consolidated), the total exposure (after, where applicable,
on- or off balance sheet netting) that is covered by eligible financial collateral after the application of haircuts:
Table DF – 6
Securitization: disclosure for standardized approach
Qualitative Disclosures: The Bank has not undertaken any securitization activity.
Quantitative Disclosures: NIL
Table DF – 7
Market risk in trading book
�
�
�
Market Risk :
Risk Identification:
Risk Measurement and Limits:
Market risk is the possibility of loss caused by changes in the market variables. The Bank for International Settlements (BIS) defines
market risk as “the risk that the value of ‘on’ or ‘off’ balance sheet positions will be adversely affected by movements in equity
and interest rate markets, currency exchange rates and commodity prices”. Thus, Market Risk is the risk to the bank’s earnings
and capital due to changes in the market level of interest rates or prices of securities, foreign exchange and equities, as well as the
volatilities of those changes. The objective of market risk management is to assist the business units in maximizing the risk adjusted
rate of return by providing analytics driven inputs regarding market risk exposures, portfolio performance vis-à-vis risk exposures
and comparable benchmarks. Following risks are managed under Market Risk.
Interest Rate Risk
Exchange Rate Risk
Equity Price Risk
The market risk may also arise from changes in commodity prices and volatility. However, Bank does not have any exposure to
commodity related markets.
Market Risk Management (MRM) Framework of the bank is as follows:
a) The Policy is focused on setting a framework for identifying, assessing and managing market risk in
order to provide clarity on various dimensions of risk identification and recognition to each of the business functions.
b) Bank recognizes that no single risk statistic can reflect all aspects of market risk. Therefore
various statistical and non-statistical risk measures are used to enhance the stability of risk measurement of market risk Market
risk is managed with various metrics viz. Value at Risk (VaR), Earnings at Risk, Modified duration, PV01 Limits, Net Overnight
Open Position Limits (NOOPL), Individual Gap Limit (IGL) and Aggregate Gap Limit (AGL) currency wise and also through
sensitivity analysis. Stress testing is also conducted on a regular basis to monitor the vulnerability of the bank to extreme but
plausible unfavorable shocks.
303
lh½ tksf[ke ekfuVfjax%&
Mh½ tksf[ke fjiksfVZax
ek=kRed izdVhdj.k
xq.kkRed izdVhdj.k
ek=kRed izdVhdj.k
VªsfMax cgh ds fy, fofHkUu vkarfjd vkSj fofu;ked tksf[ke lhekvksa ds iz;ksx ls] tksfd vkfFkZd ifjn`';] O;kikj j.kuhfr] izca/ku dk vuqHko
vkSj cSad dh tksf[ke xzkg~;rk ij vk/kkfjr gSa] cSad vius tkf[ke dks ekfuVj ,oa fu;af=r djrk gSA ;g lqfuf'pr djus ds fy, fd ysunsuksa dk fu"iknu ,oa
iwuewZY;u] ekStwnk cktkj njksa ij fd;k tkrk gS] jsV LdSu fd;k tkrk gSA
% feM&vkWfQl }kjk Vªs'kjh ifjpkyuksa dks ekuhVj fd;k tkrk gS vkSj tksf[ke izca/ku foHkkx ds iz/kku dks nSfud vk/kkj ij] dk-fu@iz-fu vkSj
lhbZvks dks ekfld vk/kkj ij ¼izFke i[kokMk½ rFkk vkYdks dks ekfld vk/kkj ij ¼vafre i[kokMk½ fjiksVZ izLrqr dh tkrh gSA cktkj tksf[ke ds dkj.k mRiUu iwath
izHkkfjdfyr dj] mldh fjiksVZ frekgh vk/kkj ij vkYdks vkSj cksMZ dks izLrqr dh tkrh gSA ruko ijh{k.k uhfr esa fu/kkZfjr /kkj.kkvksa dk vuqikyu djrs gq, cktkj
tksf[ke ds fu/kkZj.k ds fy, ruko ijh{k.k fd;k tkrk gS vkSj frekgh vk/kkj ij vkydks dks fjiksVZ izLrqr dh tkrh gSA
cksMZ }kjk vuqeksfnr O;kid cktkj tksf[ke izca/ku uhfr] fuos'k uhfr] ruko ijh{k.k vkSj O;qRiUu uhfr }kjk cktkj tksf[ke izca/ku vuq'kkflr gS rkfd lqfuf'pr fd;k tk
lds fd cktkj tksf[ke ls ;qDr fofHkUu dk;Zdykiksa esa QSyh gqbZ tksf[ke] cSad dh tksf[ke xzkg~;rk ds vUnj gh gSA m|ksx esa O;kIr mRre O;ogkj vkSj Hkkjrh; fjt+oZ cSad
ds fofu;euksa ls lkjh uhfr;ka csapekdZ dh xbZ gSaA cSad ds tkf[ke fjiksfVZax ra= esa izdVhdj.k vkSj fofHkUu izca/ku lfefr;ksa dks fjiksVZ djuk 'kkfey gSA
fuEu gsrq iwath vko';drk,a ¼,dy lkoZHkkSfed @ lesfdr½ %
fefy;u esa
C;kt nj tksf[ke
fons'kh fofue; tksf[ke
bZfDoVh fLFkfr tksf[ke
ifjpkyuxr tksf[ke dks ;ksa ifjHkkf"kr fd;k x;k gS fd vi;kZIr ;k vlQy vkrafjd çfØ;k] O;fä vkSj ç.kkyh ;k cká ?kVukvksa ls gksusokyh gkfu ds dkj.k cuusokyh
tksf[ke bl ifjHkk"kk esa fofèkd tksf[ke 'kkfey gS ijUrq j.kuhfrd rFkk çfr"Bk tksf[ke 'kkfey ugha gS
orZeku esa mn~;ksx ds izfrHkkfx;ksa] fofu;kedksa vkSj vU; LVsd /kkjdksa ds chp ifjpkyuxr tksf[ke rhoz vfHk#fp dk fo"k; jgk gSA cSad us izHkkoksRiknd vfHk'kklu]
tksf[ke dSIpj vkSj ifjpkyuxr tksf[ke ,Dliks'kj dh ekrzk dks ekius ds fy, ifjpkyuxr tksf[ke izca/ku <kapk ¼vksvkj,e,Q½ vkSj ifjpkyuxr tksf[ke izca/ku ra=
¼vksvkj,e,l½ fu/kkZfjr fd;k gSA mi;qDr xq.kkRed ,oa ek=kRed rjhdksa dk iz;ksx rFkk nSuafnu dh izca/k izfØ;kvksa esa lqLFkkfir vkarfjd fu;a=.k iz.kkfy;ksa dk iz;ksx
rFkk nSuafnu dh izca/k izfØ;kvksa esa lqLFkkfir vkarfjd fu;a=.k iz.kkfy;ksa dk iz;ksx vkSj fofHkUu tksf[ke 'keu uhfr;ksa dks viukus ls ifjpkyuxr tksf[ke dk lqxe izca/ku
fd;k tkrk gSA fofHkUu mRiknksa@izfØ;kvksa esa fufgr tksf[ke cks/k dk leh{kkRed fo'ys"k.k fd;k tkrk gS vkSj vko';drk iMus ij lq/kkjkRed dkjZokbZ dh tkrh gSA
cSad us vius ifjpkyuxr tksf[ke ,Dliks'kj dks dSIpj djus] ekfuVj djus] ekius vkSj izca/k djus ds fy, ifj"d`r osc&vk/kkfjr ifjpkyuxr tksf[ke iz.kkyh dk;kZfUor
dh gSA cSad us foxr 5 o"kksZa ds fy, vkarfjd gkfu MkVk csl fufeZr fd;k gSA
o"kZ ds nkSjku _.k LiVZ ds tfj;s ifjpkyuxr tksf[ke dk ekfuVfjax vkSj lkaf[;dh; rduhdksa ds tfj;s ckjackjrk dk fo'ys"k.k vkSj ifjpkyuxr gkfu dh xaHkhjrk dk
fo'ys"k.k fd;k x;kA
ifjpkyuxr gkfu ds fy, iwath izHkkj] ewy lwpd n`f"Vdks.k ds vuqlkj fd;k x;kA
iwath izHkkj ds ifjdyu ds fy, ubZ iwath i;kZIrrk <kaps ij fn'kkfunsZ'k esa ifjHkkf"kr :i ls fiNys rhu o"kksZa] ;Fkk 2015&16] 2014&15 vkSj 2013&14 dh vkSlr ldy vk;
dks fygkt esa fy;k x;k gSA vko';d iwath 8373-82fefy;u ¼,dy&oSf'od½ vkSj 8593-24 fefy;u ¼lesfdr½ gSA
( )`
lkj.kh Mh,Q & 8
ifjpkyukRed tksf[ke
| |
` `
8972.51
72.00
3504.91
304
c) Bank monitors and controls its risk, using various internal and regulatory risk limits for trading book which are
set based on economic scenario, business strategy, management experience and Bank’s risk appetite. Rate scan is carried out
to ensure that transactions are executed and revalued at prevailing market rates.
d) Monitoring of Treasury operations is done by Mid Office and a daily report is put up to Head of the Risk
Management Department, Monthly basis(First fortnight) to ED/MD & CEO and on monthly basis (Last Fortnight) to ALCO.
Capital charge on account of Market Risk is computed and reported toALCO and Board on quarterly basis. Stress testing is done
for assessing market risk by following assumptions prescribed in StressTest Policy and reported toALCO on Quarterly basis.
Market risk management is governed by comprehensive board approved market risk management policy, Investment Policy, Stress
testing and Derivative Policy to ensure that the risks spread across different activities carrying an underlying market risk are within
the stipulated risk appetite of the bank. All the policies are benchmarked with industry-best practices and RBI regulations. The risk
reporting mechanism in the Bank comprises disclosures and reporting to the various management committees.
The capital requirements (Solo-Global / Consolidated) for:
( in Million)
Interest rate risk 8972.51
Foreign exchange risk 72.00
Equity position risk 3504.91
Operational risk is defined as the risk of loss resulting from inadequate or failed internal process, people and systems or from
external events. This definition includes legal risk but excludes strategic and reputational risk.
Operational risk is now on the focus of intense interest among industry participants, regulators and other stake holders . The bank
has put in place Operational Risk Management Frame work (ORMF) and Operational Risk Management systems (ORMS) to ensure
effective governance, risk capture and assessment and quantification of operational risk exposure. Operational risk is well managed
by using appropriate qualitative & quantitative methods and established internal control systems in day to day management
processes and adopting various risk mitigating strategies. The risk perceptions in various products / processes are critically analysed
and corrective actions if required, are initiated.
Bank has implemented a sophisticated web-based Operational Risk Management System to capture, measure, monitor and
manage its operational risk exposure. Bank has built up internal loss data base for the last 5 years.
During the year, monitoring of operational risk through credit spurt and Analysis of frequency & severity of operational loss through
statistical technique have been done
Capital charge for Operational Risk is computed as per the Basic IndicatorApproach.
The average of the gross income, as defined in the New Capital Adequacy Framework guidelines, for the previous 3 years
i.e. 2015-16, 2014-15 and 2013-14 is considered for computing the capital charge. The required capital is 8373.82 Million
(Solo-global) and 8593.24 Million (Consolidated).
Risk Monitoring:
Risk Reporting:
Quantitative Disclosures:
Qualitative Disclosures
Quantitative Disclosures
A
`
`
Table DF – 8
Operational Risk
305
lkj.kh Mh,Q & 9
cSafdax cgh esa C;kt nj tksf[ke ¼vkbZvkjvkjchch½
xq.kkRed izdVhdj.k
ek=kRed izdVhdj.k
&
Mh,Q 10 % çfri{kdkj _.k tksf[ke ls lacfU/kr ,DLiksljksa ds fy, lkekU; çdVhdj.k
vkbZvkjvkjvkjch bls lwfpr djrk gS tksfd C;kt njksa esa gksusokys ifjorZu ls cSad dh cSafdax cgh esa laHkkO; foRrh; vlj dks n'kkZrk gSA
C;kt nj tksf[ke dks nks n`f"Vdks.k ds tfj, ekidj ekfuVj fd;k tkrk gS%
tksf[ke ij vtZu ¼ikjaifjd xSi fo'ys"k.k½
bl n`f"Vdks.k ds v/khu cSad ds fuoy C;kt vk; ij gksusokyh C;kt njksa esa ifjorZu ds rRdky vlj dks fo'ys"k.k fd;k tkrk gSA
bZfDoVh dk vkfFkZd ewY; ¼vof/k xSi n`f"Vdks.k½
vkfLr rFkk ns;rkvksa dh vk'kksf/kr vof/k] bZfDoVh dh vk'kkssf/kr vof/k dks vafre :i ls ifjdyu djus ds fy, i`Fkd rkSj ij vfHkdyu fd;k tkrk gSA
bl n`f"Vdks.k esa izfrykHk esa gksusokys fuf'pr ifjorZu ds fy, izfrykHk odz lekuarj egRo j[krk gSA bZfDoVh ds vkfFkZd ewY; ij vlj Hkkjrh; fjt+oZ cSad }kjk fu/kkZfjr
200 chih,l 'kkd ds vuqlkj fd;k tkrk gSA vk'k¨f/kr vof/k dh x.kuk esa lEcaf/kr ifjiDorkv¨a d¢ fy, ckt+kj ls tqM+s Áfryk“¨a dk Á;¨x fd;k tkrk gS A
cSafdax cgh cqd esa cSad dh C;kt nj tksf[ke dk fo'ys"k.k nksuksa ns'kh rFkk vksojlht+ ifjpkyuksa ds fy, fd;k tkrk gSA
ckt+kj C;kt nj¨a esa g¨usokys ifjorZu ls cSad dh cgh iqLrd esa vtZu rFkk vkÆFkd ewY; esa vlj iM+sxk vr% bl Ádkj tfVyrk rFkk rqyku ik= d¢ mRikn dh lhek d¢
dkj.k n¨u¨a vtZu rFkk vkÆFkd ewY; esa C;kt nj d¢ ifj.kke d¨ ewY;kafdr djus d¢ fy, vkà vkj vkj eki Á.kkyh dk Á;¨x fd;k tkrk gS- bld¢ fy, vuqikyu fd,
tkusokys rduhd pkyq rwyu i= ls ij fLFkfr d¢ vk/kkj ij lk/kkj.k ifjiDork ¼fLFkj nj½ rFkk iquewZY;kadu ¼¶y¨ÇVx nj½ xSi rFkk vof/k xSi d¢ Á;¨x ls ysdj vkSj
mPp Lrj rduhd dk Á;¨x fd;k tkrk gS- ftlesa vkfLr ns;rkv¨a rFkk rqyu i= ls ij en¨a ij vuqeku¨a d¨ 'kkfey fd;k tkrk gS vkSj ;s csfll t¨f[ke] vUrÆufgr
fodYi t¨f[ke] Áfryk“ oØ t¨f[ke bR;kfn d¢ ,Dli¨t+j dh iw.kZ lhek rd dCIpj dj ldrk gS A
cSaÇdx cgh cqd ¼vkÃvkjvkjch½ esa cSad C;kt nj t¨f[ke dk foÜys"k.k] oSfÜod fLFkfr d¢ fy, fd;k tkrk gS- ns'kh ifjpkyu¨a dh fy, vkÆFkd ifjpkyu¨a dk eki fd;k
tkrk gS rFkk bls ekfld vk/kkj ij e‚fuVj fd;k tkrk gS vkSj vkyd¨ d¨ ÁLrqr fd;k tkrk gS A
vkbZvkjvkjchch ¼,dy ns'kh½ dks ekius gsrq izca/ku dh iz.kkyh ds vuqlkj Å/oZxkeh o v/kksxkeh jsV 'kkDl gsrq] vtZu vkSj vkfFkZd ewY; ¼vFkok izca/ku }kjk iz;qDr
lacaf/kr eki½ esa o`f) ¼fxjkoV½A
31-09-2016 rd C;kt nj esa 25 chih,l dh o`f) gsrq vtZu ij tksf[ke ¼&½ 1477-44 fefy;u gSaA
bfDoVh ds ckt+kj ewY; esa 200 chih,l ds ifjorZu ls C;kt nj ij vlj 14125-40 fefy;u gSa ¼ nwljs le; okys czdsV esa chih,yvkj csl jsV dk
iquewZY;fu/kkZj.k½A
ns'kh ifjpkyu¨a ij bfDoVh d¢ vkÆFkd ewY; ij vlj d¨ ekik tkrk gS rFkk bldk ekfld r©j ij e‚fuVj fd;k tkrk gS vkSj vkyd¨ d¨ ÁLrqr fd;k tkrk gS A cSad
C;qRiUuksa dks feykdj nksuksa fuf/k vkSj xSj fuf/k vk/kkfjr lqfo/kkvksa gsrq Hkkjrh; fjt+oZ cSad }kjk fu;r ,Dliksljds ekun.Mksa ds vuqlkj lhek;sa fu/kkZfjr djrk gSA lhek;sa
iw¡th fuf/k;ksa ds izfr'kr ds :i esa fu/kkZfjr dh tkrh gSa A vkSj fu;fer vk/kkj ij fuxjkuh dh tkrh gS A fofufnZ"V lhekvksa ds lEeq[k mi;ksx dh fjiksVZ fu;fer varjkyksa
ij _.k tksf[ke izca/ku lfefr@tksf[ke izca/ku lfefr@cksMZ dks dh tkrh gSA cSad orZeku ds vius izfri{k _.k ,Dlikslj gsrq vkfFkZd iwath dks fu/kkZfjr ugha djrk gSA
izfri{kh ds lkFk fd;s x;s lHkh C;qRiUu ysu&nsu cSad dh cksMZ }kjk vuqeksfnr C;qRiUu ikWfylh ds ek/;e ls ewY;kafdr fd;s tkrs gSaA
O;qRiUu ,Dliksljdh orZeku ,Dlikslj i)fr ¼lhbZ,e½ dk iz;ksx djrs gq, x.kuk dh tkrh gS vkSj 31 ekpZ 2016 dks cdk;k 'ks"k fuEukafdr gSA
`
`
(I)
(ii)
I)
ii)
( )` fefy;u esa
O;qRiUu vkuqekfud fl)kar orZeku esa _.k dh ek=k orZeku _.k
115870.57 1935.46 4274.33
0.00 0.00 0.00
ok;nk lafonk,a
vkbZvkj,l
306
Table DF – 9
Interest Rate Risk in the Banking Book (IRRBB)
Qualitative Disclosures:
Quantitative Disclosures:
DF-10: General Disclosure for exposures related to Counterparty Credit Risk:
IRRBB refers to the potential adverse financial impact on the Bank’s banking book from changes in interest rates.
The interest rate risk is measured and monitored through two approaches:
(i) Earning at Risk (Traditional GapAnalysis) :
The immediate impact of the changes in the interest rates on net interest income of the bank is analyzed under this approach.
(ii) Economic Value of Equity (Duration GapAnalysis):
Modified duration of assets and liabilities is computed separately to finally arrive at the modified duration of equity.
This approach assumes parallel shift in the yield curve for a given change in the yield. Impact on the Economic Value of Equity is also
analyzed for a 200 bps rate shock as required by RBI. Market linked yields for respective maturities are used in the calculation of the
Modified Duration.
The analysis of bank’s Interest Rate Risk in Banking Book (IRRBB) is done for both Domestic as well as Overseas Operations.
The changes in market interest rates have earnings and economic value impacts on the bank’s banking book. Thus, given the
complexity and range of balance sheet products, IRR measurement systems are used that assess the effects of the rate changes on
both earnings and economic value. Techniques followed are simple maturity (fixed rate) and repricing (floating rate) gaps and
duration gaps based on current on-and-off-balance sheet positions, to a little higher technique that incorporate assumptions on
behavioural pattern of assets, liabilities and off-balance sheet items and can easily capture the full range of exposures against basis
risk, embedded option risk, yield curve risk, etc.
The analysis of bank’s Interest Rate Risk in Banking Book (IRRBB) is done for Global position. The impact on Economic value of
equity for Domestic Operations is measured and monitored on a monthly basis and placed toALCO
The increase (decline) in earnings and economic value (or relevant measure used by management) for upward and downward
rate shocks according to management’s method for measuring IRRBB (Solo-Global).
i) Earnings at Risk for 25 bps interest rate decrease as on 31-03-2016 for one year time horizon is (-)1477.44 Million
ii) Change in economic Value of Equity for 200 bps interest rate shock is 14125.40 Million (Repricing of BPLR/Base
Rate in the 2nd time bucket)
Counterparty Credit Risk is the risk that the counterparty to a derivative transaction can default before the final settlement of the
transaction’s cash flow .The Bank sets limits as per the norms on exposure stipulated by RBI for both fund and non fund based
facilities including derivatives. Limits are set as a percentage of the capital funds and are monitored on regular basis. For corporates
the derivatives limits are assessed and sanctioned in conjunction with regular credit limit as part of regular appraisal .
All the Derivative transactions with the Counterparty are evaluated as per Board approved Derivative Policy of the Bank.
The derivative exposure calculated using Current Exposure Method (CEM) and outstanding as on March 31,2016 is given below:
A
A
( in Million)`
Derivatives Notional Principle Current Credit Exposure (+ve MTM) Current Exposure
FORWARD CONTRACTS 115870.57 1935.46 4274.33
IRS 0.00 0.00 0.00
307
( )` fefy;u esa
1
18059.65
2 2888.28 5
3
6+ 7
4
0.00
5
0.00
148411.52
7 0
8 0
9
0
10 0 0
11 0
12 0
13 0
14
0
15 0
16
0
17 175.47 0
18
0
19
0
20 0
21
0
22 0
23 0
lh/ks tkjh dh xbZ vgZrk ÁkIr lkekU; 'ks;j iwath vkSj lacaf/krLVkWd vf/k'ks"k ¼'ks;j Áhfe;e½ ,+¾,1$,2
Áfr/kkfjr vk; ch
Lkafpr vU; O;kid vk; ch ch ch chch ch
lhbZVh 1 ls /khjs&/khjs lekIr gksus ds v/khu lh/ks tkjh dh xbZ lkekU; 'ks;jiwath ¼dsoy xSj&la;qDr LVkWd daifu;ksa ds fy, ykxw½
lgk;d bdkb;ksa }kjk tkjh dh xbZ vkSj rhljs i{k ¼lhbZVh 1 lewg esavuqer jkf'k½ }kjk /kkfjr lkekU; 'ks;j iwath
foosdiw.kZ ewY;kadu lek;kstu
xqMfoy ¼lEcaf/kr dj ns;rk dk fuoy½
ekWVZxst&lfoZflax vf/kdkj ds vykok vewrZ vkfLr;ka¼lEcaf/kr dj ns;rk dk fuoy½
vkfLFkxr dj laifÙk
udnh&Áokg cpko fjtoZ
visf{kr gkfu ds fy, Áko/kkuksa dh deh
foØ; ij ÁfrHkwfrdj.k ykHk
mfpr ewY; ns;rkvksa ij futh _.k tksf[ke esa ifjorZu ds dkj.kykHk vkSj gkfu
ifjHkkf"kr&ykHk isa'ku dks"k fuoy laifÙk
futh 'ks;j esa fuos'k ¼fjiksVZ fd, x, rqyui= esa ;fn igys ls gh ÁnÙk iwathdk lek;kstu u fd;k x;k gks½
lkekU; bfDoVh esa ijLij ØkWl&gksfYMax
cSafdax] foÙkh; vkSj chek laLFkkvksa] tks fofu;ked lesdu ds nk;js ls ckgj gSa]ds iwath esa fo'ks"k fuos'k dk ik= 'kkWVZ iksft'ku fuoy] tgka cSad dh tkjh'ks;j iwath 10 Áfr'kr ls vf/kd ugha gS ¼10 Áfr'kr dh ÁkjafHkd lhek lsvf/kd dh jkf'k½
cSafdax] foÙkh; vkSj chek laLFkkvksa] tks fofu;ked lesdu ds nk;js ls ckgj gSa]ds lkekU; 'ks;j esa egRoiw.kZ fuos'k dk ik= 'kkWVZ iksft'ku fuoy¼10 Áfr'kr dh ÁkjafHkd lhek ls vf/kd dh jkf'k½
eksVZxst lfoZflax vf/kdkj ¼10 Áfr'kr dh ÁkjafHkd lhek ls vf/kd dh jkf'k½
vLFkk;h fHkUurk ls mRiUu vkfLFkxr dj laifÙk ¼10 Áfr'kr dh ÁkjafHkdlhek ls vf/kd dh jkf'k] lEcaf/kr dj ns;rk dk fuoy½
Áfr'kr dh ÁkjafHkd lhek ls vf/kd jkf'k
ftuesa ls % foÙkh; laLFkkvksa ds lkekU; 'ks;j esa egRoiw.kZ fuos'k
127463.59 1+ 2+ 3+ 4
lkoZtfud {ks= }kjk iwath Mkyus dks 1 tuojh 2018 rd iqjkusfu;e ds vuqlkj ekU; djuk
fofu;ked lek;kstuksa ls igys lkekU; bZfDoVh fV;j 1 iwath
lkekU; bfDoVh fV;j 1 iwath % fofu;ked lek;kstu
0.00
6
¼,oa vU; vkjf{kfr½
lkekU; bfDoVh fV;j 1 iwath % fy[kr vkSj vkjf{kr fuf/k;ka
fofu;ked lek;kstu ds laØe.k ds nkSjku Á;ksx fd;k tkus okyk cslylkekU; ÁdVhdj.k VsEiysV ¼vFkkZr 1 vÁSy 2013 ls 31 fnlacj 2017 rd½
IIIcsly iwoZi)fr ds VªhVesaVvn~;èkhu jkf’k
III lanHkZ la[;k
Mh ,Q&11% iawth dh lajpuk
308
( in Million)`
1 Directly issued qualifying common share capital plusrelated stock surplus (share premium) 18059.65 A=A1+A2
2 Retained earnings 2888.28 B5
3 Accumulated other comprehensive income(and other reserves) 127463.59 B6+B7
4 Directly issued capital subject to phase out fromCET1 (only applicable to non-joint stock companies1) 0.00
5 Common share capital issued by subsidiaries andheld by third parties (amount allowed in group CET1) 0.00
148411.52
7 Prudential valuation adjustments 0
8 Goodwill (net of related tax liability) 0
9 Intangibles other than mortgage-servicing rights(net of related tax liability) 0
10 Deferred tax assets 0 0
11 Cash-flow hedge reserve 0
12 Shortfall of provisions to expected losses 0
13 Securitisation gain on sale 0
14 Gains and losses due to changes in own creditrisk on fair valued liabilities 0
15 Defined-benefit pension fund net assets 0
16 Investments in own shares (if not already nettedoff paid-in capital on reported balance sheet) 0
17 Reciprocal cross-holdings in common equity 175.47 0
18 Investments in the capital of banking, financialand insurance entities that are outside the scope ofregulatory consolidation, net of eligible short positions,where the bank does not own more than 10% ofthe issued share capital (amount above 10% threshold) 0
19 Significant investments in the common stock ofbanking, financial and insurance entities that are outsidethe scope of regulatory consolidation, net of eligible shortpositions (amount above 10% threshold) 0
20 Mortgage servicing rights (amount above 10% threshold) 0
21 Deferred tax assets arising from temporary differences(amount above 10% threshold, net of related tax liability) 0
22 Amount exceeding the 15% threshold 0
23 of which: significant investments in the common stock offinancial entities 0
B1+B2+B3+B4
Public sector capital injections grandfathereduntil January 1, 2018 0.00
6 Common Equity Tier 1 capital beforeregulatory adjustments
Common Equity Tier 1 capital: regulatory adjustments
Common Equity Tier 1 capital: instruments and reserves
Basel III common disclosure template to be used during thetransition of regulatory adjustments (i.e. from April 1, 2013 toDecember 31, 2017)
AmountsSubject toPre-Basel IIITreatment
Ref No.
DF-11: Composition of Capital
309
24 0
25 0
26
26 0
26 0
26
0
26 0
255.28 63.82
255.28 63.82
27
0.00
29
30
5000.00
31
0
32
5000.00
33
0
34
0
35
0
36
37 0
38 0
39
0
ftuesa ls % ekWVZxst lfoZflax vf/kdkj
ftuesa ls % vLFkk;h fHkUurk ls mRiUu gksus okyh vkfLFkxr dj vkfLr;ka
jk"Vªh; fof'k"V fofu;ked lek;kstu ¼26d $ 26[k $ 26x $ 26?k½
d ftlesa ls % vlesfdr chek lgk;d daifu;ksa ds bZfDoVh iwath esa fuos'k
[k ftlesa ls % vlesfdr xSj&foÙkh; lgk;d daifu;ksa ds bZfDoVh iwath esa fuos'k
x ftlesa ls % cSad ds lkFk vlesfdr Áeq[k futh foÙkh; laLFkkvksa dhbZfDoVh iwath esa deh
?k ftlesa ls % vifj'kksf/kr isa'ku fuf/k O;;
csly iwoZ i)fr ds VªhVesaV ds v/khu jkf'k ds lEca/k esa lkekU; bZfDoVhfV;j 1 ij ykxw fofu;ked lek;kstu
ftuesa ls % vU; foÙkh; laLFkkuksa esa dqy bfDoVh fuos'k
vi;kZIr vfrfjDr fV;j 1 vkSj fV;j 2 dVkSrh dks doj djus ds fy, lkekU;bZfDoVh fV;j 1 ij ykxw fofu;ked lek;kstu
lh/ks tkjh fd, x, ik= vfrfjDr fV;j 1 fy[kr vkSj lEcaf/kr LVkWdvf/k'ks"k ¼31 $ 32½
ftlesa ls % ykxw ys[kkadu ekudksa ds varxZr ns;rk ds :i esa oxhZ—r¼lrr xSj⪅h vf/kekuh 'ks;j½
ftlesa ls % ykxw ys[kkadu ekudksa ds varxZr ns;rk ds :i esa oxhZ—r¼lrr _.k fy[kr½
vfrfjDr fV;j 1 iwath ls pj.kc) :i ls ckgj ¼Qst vkmV½ gksus ds v/khulh/ks tkjh fd, x, iwath fy[kr
lgk;d daifu;ksa }kjk tkjh rFkk rhljs i{k }kjk ¼,Vh 1 lewg esa vuqer jkf'krd½ /kkfjr vfrfjDr fV;j 1 fy[kr ¼vkSj 5oha iafDr esa 'kkfey ugha fd, x,lhbZVh 1 fy[kr½
ftlesa ls % pj.kc) :i ls ckgj ¼Qst vkmV½ gksus ds v/khu lgk;d daifu;ksa}kjk tkjh fd, x, fy[kr
futh vfrfjDr fV;j 1 fy[kr esa fuos'k
vfrfjDr fV;j 1 fy[krksa esa ikjLifjd ØkWl&gksfYMaXl
cSafdax] foÙkh; vkSj chek laLFkkvksa] tks fofu;ked lesdu ds nk;js ls ckgj gSa]dh iwath esa fo'ks"k fuos'k dk ik= 'kkWVZ iksft'ku fuoy] tgka cSad ds ikl laLFkk}kjk tkjh 'ks;j iwath ¼10 Áfr'kr dh ÁkjafHkd lhek ls vf/kd dh jkf'k½ds 10 Áfr'kr ls vf/kd dk LokfeRo ugha gSA
III
28 430.75
147980.76
5000
LkekU; bZfDoVh fV;j 1 esa dqy fofu;ked lek;kstu
LkekU; bZfDoVh fV;j 1 esa iwath ¼lhbZVh 1½
vfrfjDr fV;j 1 iwath % fy[kr
fofu;ked lek;kstu djus ls iwoZ vfrfjDr fV;j iwath 1
vfrfjDr fV;j iwath 1 % fofu;ked lek;kstu
( )` fefy;u esa
fofu;ked lek;kstu ds laØe.k ds nkSjku Á;ksx fd;k tkus okyk cslylkekU; ÁdVhdj.k VsEiysV ¼vFkkZr 1 vÁSy 2013 ls 31 fnlacj 2017 rd½
IIIcsly iwoZi)fr ds VªhVesaVvn~;èkhu jkf’k
III lanHkZ la[;k
Mh ,Q&11% iawth dh lajpuk
310
24 of which: mortgage servicing rights 0
25 of which: deferred tax assets arising from
temporary differences 0
26 National specific regulatory adjustments (26a+26b+26c+26d)
26a of which: Investments in the equity capital of the
unconsolidated insurance subsidiaries 0
26b of which: Investments in the equity capital of unconsolidated
non-financial subsidiaries 0
26c of which: Shortfall in the equity capital of majority
owned financial entities which have not been
consolidated with the bank 0
26d of which: Unamortised pension funds expenditures 0
Regulatory Adjustments Applied to Common Equity Tier 1
in respect of Amounts Subject to Pre-Basel III Treatment 255.28 63.82
of which: Total equity investment in other financial subsidiaries 255.28 63.82
27 Regulatory adjustments applied to Common Equity Tier 1 due
to insufficient Additional Tier 1 and Tier 2 to cover deductions 0.00
29
30 Directly issued qualifying Additional Tier 1 instruments plus
related stock surplus (31+32) 5000.00
31 of which: classified as equity under applicable
accounting standards (Perpetual Non-Cumulative
Preference Shares) 0
32 of which: classified as liabilities under applicable accounting
standards (Perpetual debt Instruments) 5000.00
33 Directly issued capital instruments subject to phase out
from Additional Tier 1 0
34 Additional Tier 1 instruments (and CET1 instruments not
included in row 5) issued by subsidiaries and held by
parties (amount allowed in group AT1) 0
35 of which: instruments issued by subsidiaries subject to
phase out 0
36
37 Investments in own Additional Tier 1 instruments 0
38 Reciprocal cross-holdings in Additional Tier 1 instruments 0
39 Investments in the capital of banking, financial and insurance
entities that are outside the scope of regulatory consolidation,
net of eligible short positions, where the bank does not own
more than 10% of the issued common share capital of the
entity (amount above 10% threshold) 0
28 Total regulatory adjustments to Common equity Tier 1 430.75
Common Equity Tier 1 capital (CET1) 147980.76
Additional Tier 1 capital: instruments
Additional Tier 1 capital before regulatory adjustments 5000
third
Additional Tier 1 capital: regulatory adjustments
( in Million)`
Basel III common disclosure template to be used during thetransition of regulatory adjustments (i.e. from April 1, 2013 toDecember 31, 2017)
AmountsSubject toPre-Basel IIITreatment
Ref No.
DF-11: Composition of Capital
311
40
0
41 0
41 0
41
0
41c
31.91
0
0
42
0
43
44 4968.09
44
45
46 0
47
10000
48
0
49
0
50 8168.66
51
52 0
53 104.23
54
0
55
0
cSafdax] foÙkh; vkSj chek laLFkkvksa] tks fofu;ked lesdu ds nk;js ls ckgj gSa]dh iwath esa egRoiw.kZ fuos'k ¼ik= 'kkWVZ iksft'ku fuoy½
jk"Vªh; fof'k"V fofu;ked lek;kstu ¼41 d $ 41 [k½
d xSj&lesfdr chek lgk;d daifu;ksa ds vfrfjDr fV;j 1 iwath esa fuos'k
[k cgqer ds LokfeRo okyh foÙkh; laLFkkvksa ds vfrfjDr fV;j 1 iwath esa dehftudks cSad ds lkFk lesfdr ugha fd;k x;k gSA
csly iwoZ i)fr ds VªhVesaV ds v/khu jkf'k;ksa ds lEca/k esa vfrfjDr fV;j 1ij ykxw fd, x, fofu;ked lek;kstu
ftlesa ls %
ftlesa ls % fo|eku lek;kstu] ftudh fV;j 1 esa ls 50 Áfr'kr ij dVkSrhdh xbZ gS
ftlesa ls % MhVh,
dVkSrh dks doj djus ds fy, vi;kZIr fV;j 2 ds dkj.k vfrfjDr fV;j 1 ijykxw fofu;ked lek;kstu
d
lh/ks tkjh fd, x, ik= fV;j 2 fy[kr vkSj lEcaf/kr LVkWd vf/k'ks"k
-fV;j 2 ls pj.kc) :i ls ckgj ¼Qst vkmV½ gksus ds v/khu lh/ks tkjh fd,x, iwath fy[kr lh1$lh2
lgk;d daifu;ksa }kjk tkjh fd, x, ,oa r`rh; i{kksa }kjk /kkfjr ¼jkf'k lewgfV;j 2 esa vuqer½ fV;j 2 fy[kr ¼rFkk iafDr;ksa 5 vkSj 34 esa 'kkfey ugha fd;sx;s lhbZVh 1 vkSj ,Vh 1 fy[kr½
ftuesa ls % pj.kc) :i ls ckgj ¼aQst vkmV½ gksus ds v/khu lgk;ddaifu;ksa }kjk tkjh fd, x, fy[kr
Áko/kku lh3$lh4
futh fV;j 2 fy[kr esa fuos'k
fV;j 2 fy[krksa esa ikjLifjd ØkWl&gksfYMaXl
cSafdax] foÙkh; vkSj chek laLFkkvksa] tks fofu;ked lesdu ds nk;js ls ckgj gSa]dh iwath esa fuos'k] ik= 'kkWVZiksft'ku fuoy] tgka cSad ds ikl laLFkku }kjktkjh 'ks;j iwath ¼10 Áfr'kr dh ÁkjafHkd lhek ls vf/kd jkf'k½ ds 10 Áfr'krls vf/kd ij LokfeRo ugha gSA
cSafdax] foÙkh; vkSj chek laLFkkvksa] tks fofu;ked lesdu ds nk;js ls ckgj gSa]dh iwath esa egRoiw.kZ fuos'k ¼ik= 'kkWVZiksft'ku fuoy½
III
II
31.91
31.91
4968.09
vfrfjDr fV;j 1 iwath esa dqy fofu;ked lek;kstu
vfrfjDr fV;j 1 iwath ¼,Vh 1½
iwath i;kZIrrk dh x.kuk esa Á;qDr vfrfjDr fV;j 1 iwath
fV;j 1 iwath ¼Vh 1 ¾ lhbZVh 1 $ ,Vh 1½ ¼29 $ 44 d½
fofu;ked lek;kstuksa ls igys fV;j 2 iwath
fV;j 2 iwath % fofu;ked lek;kstu
152948.86
18168.66
,Vh 1 ls fudkys x,
fV;j 2 iwath % fy[kr ,oa çkoËkku
( )` fefy;u esa
fofu;ked lek;kstu ds laØe.k ds nkSjku Á;ksx fd;k tkus okyk cslylkekU; ÁdVhdj.k VsEiysV ¼vFkkZr 1 vÁSy 2013 ls
31 fnlacj 2017 rd½III
csly iwoZi)fr ds VªhVesaVvn~;èkhu jkf’k
III lanHkZ la[;k
Mh ,Q&11% iawth dh lajpuk
312
( in Million)`
Basel III common disclosure template to be used during thetransition of regulatory adjustments (i.e. from April 1, 2013 toDecember 31, 2017)
AmountsSubject toPre-Basel IIITreatment
Ref No.
DF-11: Composition of Capital
40 Significant investments in the capital of banking, financialand insurance entities that are outside the scope of regulatoryconsolidation (net of eligible short positions) 0
41 National specific regulatory adjustments (41a+41b) 0
41a Investments in the Additional Tier 1 capital of unconsolidatedinsurance subsidiaries 0
41b Shortfall in the Additional Tier 1 capital of majority ownedfinancial entities which have not been consolidatedwith the bank 0
41c Regulatory Adjustments Applied to Additional Tier 1 inrespect of Amounts Subject to Pre-Basel III Treatment 31.91
of which: Phase out form ATI 0
of which: existing adjustments which are deducted fromTier 1 at 50%
of which:DTA 0
42 Regulatory adjustments applied to Additional Tier 1due to insufficient Tier 2 to cover deductions 0
43 Total regulatory adjustments to Additional Tier 1 capital
44 Additional Tier 1 capital (AT1) 4968.09
44a Additional Tier 1 capital reckoned for capital adequacy11
45
46 Directly issued qualifying Tier 2 instruments plus relatedstock surplus 0
47 Directly issued capital instruments subject to phase outfrom Tier 2 10000 C1+C2
48 Tier 2 instruments (and CET1 and AT1 instruments notincluded in rows 5 or 34) issued by subsidiaries andheld by third parties (amount allowed in group Tier 2) 0
49 of which: instruments issued by subsidiaries subject tophase out 0
50 Provisions 8168.66 C3+C4
51
52 Investments in own Tier 2 instruments 0
53 Reciprocal cross-holdings in Tier 2 instruments 104.23
54 Investments in the capital of banking, financial and insuranceentities that are outside the scope of regulatory consolidation,net of eligible short positions, where the bank does not ownmore than 10% of the issued common share capital of theentity (amount above the 10% threshold) 0
55 Significant investments in the capital banking, financialand insurance entities that are outside the scope of regulatoryconsolidation (net of eligible short positions) 0
31.91
31.91
4968.09
Tier 1 capital (T1 = CET1 + AT1) (29 + 44a) 152948.86
Tier 2 capital: instruments and provisions
Tier 2 capital before regulatory adjustments 18168.66
Tier 2 capital: regulatory adjustments
313
56 0
56 0
56
0
4031.91
31.91
4000.00
57
58 14032.53
58 14032.53
58 0
58 14032.53
59
60
60 986353.60
60 156867.80
60 107415.50
61 11.83%
62 12.23%
63 13.35%
64
6.125%
65 0.625%
66 0.000%
67 0.000%
68
6.33%
69
6.125%
70 7.00%
71 9.625%
jk"Vªh; fof'k"V fofu;ked lek;kstu ¼56 d $ 56 [k½
d ftlesa ls % xSj&lesfdr lgk;d daifu;ksa ds fV;j 2 iwath esa fuos'k
[k ftlesa ls % cgqer ds LokfeRo okyh foÙkh; laLFkkvksa ds fV;j 2 iwath esa dehftudks cSad ds lkFk lesfdr ugha fd;k x;kA
csly iwoZ i)fr ds VªhVesaV ds v/khu jkf'k ds lEca/k esa fV;j 2 ij ykxwfofu;ked lek;kstu
ftlesa ls % 50 Áfr'kr ij fV;j 2 ls dVkSrh fd, x, orZeku lek;kstu
ftlesa ls % fV;j 2 ckW.M ls gVk, x,
d
[k
x
d ftlesa ls % dqy ØsfMV tksf[ke Hkkfjr vkfLr;ka
[k ftlesa ls % dqy cktkj tksf[ke Hkkfjr vkfLr;ka
x ftlesa ls % dqy ifjpkyu tksf[ke Hkkfjr vkfLr;ka
lkekU; bZfDoVh fV;j 1 ¼tksf[ke Hkkfjr vkfLr;ksa ds Áfr'kr ds :i esa½
fV;j 1 ¼tksf[ke Hkkfjr vkfLr;ksa ds Áfr'kr ds :i esa½
Dqy iwath ¼tksf[ke Hkkfjr vkfLr;ksa ds izfr'kr ds :i esa½
laLFkk fof'k"V cQk vko';drk ¼U;wure lhbZVh 1 vko';drk vkSj iwathlaj{k.k vkSj izfrpØh; cQj vko';drk,a] tksf[ke Hkkfjr vkfLr;ksa dsizfr'kr ds :i esa O;Dr½
ftlesa ls% iwath laj{k.k cQj vko';drk
ftlesa ls% cSad fof'k"V izfroØh; cQ+j vko';drk
ftlesa ls th&,lvkbZch cQ+j vko';drk
cQlZ dks iwjk djus ds fy, miyC/k lkekU; bZfDoVh fV;j 1 ¼tksf[ke HkkfjrvkfLr;ksa ds izfr'kr ds :i esa½
jk"Vªh; lkekU; bZfDoVh fV;j 1 U;wure vuqikr ¼;fn csly AAAU;wure ls vyx gS½
jk"Vªh; fV;j 1 U;wure vuqikr ¼;fn csly AAA ds U;wure ls vyx gS ½
dqy jk"Vªh; iwath U;wure vuqikr ¼;fn csly AAA ds U;wure ls vyx gS ½
III
fV;j 2 iwath esa dqy fofu;ked lek;kstu
fV;j 2 iwath ¼Vh & 2½
iwath i;kZIrrk dh x.kuk esa Á;qDr fV;j 2 iwath
fV;j 2 iwath ds :i esa ekU; ,Dlsl vfrfjDr fV;j 1 iwath
iwath i;kZIrrk ds fy, Lohdk;Z dqy fV;j 2 iwath ¼58d $58[k½
dqy iwath ¼Vhlh ¾ Vh1$Vh2½ ¼45$58x½
dqy tksf[ke Hkkfjr vkfLr;ka ¼60d$60[k$60x½
iwath vuqikr
jk"Vªh; U;wure ¼ ;fn csly AAA ls i`Fkd gS ½
4136.14
166981.39
1250636.90
( )` fefy;u esa
fofu;ked lek;kstu ds laØe.k ds nkSjku Á;ksx fd;k tkus okykcsly lkekU; ÁdVhdj.k VsEiysV ¼vFkkZr 1 vÁSy 2013 ls31 fnlacj 2017 rd½
III
csly iwoZi)fr ds VªhVesaVvn~;èkhu jkf’k
III lanHkZ la[;k
Mh ,Q&11% iawth dh lajpuk
314
( in Million)`
Basel III common disclosure template to be used during thetransition of regulatory adjustments (i.e. from April 1, 2013 toDecember 31, 2017)
AmountsSubject toPre-Basel IIITreatment
Ref No.
DF-11: Composition of Capital
56 National specific regulatory adjustments (56a+56b) 0
56a of which: Investments in the Tier 2 capital of unconsolidatedsubsidiaries 0
56b of which: Shortfall in the Tier 2 capital of majority ownedfinancial entities which have not been consolidated with the bank 0
Regulatory Adjustments Applied To Tier 2 in respect ofAmounts Subject to Pre-Basel III Treatment 4031.91
of which: existing adjustments which are deductedfrom Tier 2 at 50% 31.91
of which: Phase out from Tier 2 Bonds 4000.00
57
58 14032.53
58a 14032.53
58b 0
58c14032.53
59
60
60a of which: total credit risk weighted assets 986353.60
60b of which: total market risk weighted assets 156867.80
60c of which: total operational risk weighted assets 107415.50
61 Common Equity Tier 1 (as a percentage of riskweighted assets) 11.83%
62 Tier 1 (as a percentage of risk weighted assets) 12.23%
63 Total capital (as a percentage of risk weighted assets) 13.35%
64 Institution specific buffer requirement (minimum CET1requirement plus capital conservation and countercyclicalbuffer requirements, expressed as a percentage ofrisk weighted assets) 6.125%
65 of which: capital conservation buffer requirement 0.625%
66 of which: bank specific countercyclical buffer requirement 0.000%
67 of which: G-SIB buffer requirement 0.000%
68 Common Equity Tier 1 available to meet buffers(as a percentage of risk weighted assets) 6.33%
69 National Common Equity Tier 1 minimum ratio(if different from Basel III minimum) 6.125%
70 National Tier 1 minimum ratio (if different fromBasel III minimum) 7.00%
71 National total capital minimum ratio (if differentfrom Basel III minimum) 9.625%
Total regulatory adjustments to Tier 2 capital 4136.14
Tier 2 capital (T2)
Tier 2 capital reckoned for capital adequacy
Excess Additional Tier 1 capital reckoned as Tier 2 capital
Total Tier 2 capital admissible for capitaladequacy (58a + 58b)
Total capital (TC = T1 + T2) (45 + 58c) 166981.39
Total risk weighted assets (60a + 60b + 60c) 1250636.90
Capital ratios
National minima (if different from Basel III)
315
72 0
73 0
74 0
75
0
76
8168.66 3+ 4
77
12329.42 1.25% of 60a
78
79
80
81
82
83
84
85
lhek ls de ek=k esa dVkSrh ds fy, jkf’k;k¡¼tksf[ke Hkkj ls igys½
fV;j 2 esa çko/kkuksa dks 'kkfey fd, tkus ij ykxw dSIl
Qsl&vkmV O;oLFkk ds v/khu iwath fy[krsa¼dsoy 31 ekpZ 2017 vkSj 31 ekpZ 2022 ds chp ykxw½
nwljh foÙkh; laLFkkvksa dh iwath esa xSj egRoiw.kZ fuos'k
foÙkh; laLFkkvksa ds lkekU; LV‚d esa egRoiw.kZ fuos'k
ca/kd lfoZflax vf/kdkj ¼lacaf/kr dj ns;rk dk fuoy½
vLFkk;h vUrj ls mRiUu gksus okyh vkLFkfxr dj vkfLr;ka¼lacaf/kr dj ns;rk dk fuoy½
ekudh—r n`f"Vdks.k ds v/khu iznRr _.kksa ds laca/k esa fV;j 2 esa 'kkfeyfd, tkus ds fy, ik= çko/kku ¼dSi dks ykxw djus ds igys½ lh lh
ekudh—r n`f"Vdks.k ds rgr fV;j 2 esa çko/kkuksa dk lekos'k¼_.k tksf[ke vkjMcY;w, ds 1-25 ½ ij dSi
vkarfjd ewY;kadu vk/kkfjr n`f"Vdks.k ds v/khu tksf[ke ds laca/k esa fV;j 2 esa'kkfey fd, tkus ds fy, ik= çko/kku ¼dSi dks ykxw djus ds igys½ ykxw ugha
vkarfjd ewY;kadu vk/kkfjr n`f"Vdks.k ds rgr fV;j 2 esa çko/kkuksa dks 'kkfeyfd, tkus ds fy, dSi ykxw ugha
Qsl&vkmV O;oLFkk ds rgr lhbZVh 1 fy[krksa ij orZeku dSi ykxw ugha
dSi dh otg ls ds lhbZVh 1 ls vioftZr jkf'k ¼ekspu vkSj ifjiDorkds ckn dSi ij vfrfjä½ ykxw ugha
Qsl&vkmV O;oLFkk ds rgr ,Vh 1 fy[krksa ij orZeku dSi ykxw ugha
dSi ds dkj.k ,Vh 1 ls vioftZr jkf'k ¼ekspu vkSj ifjiDork ds ckndSi ij vfrfjä½ ykxw ugha
Qsl&vkmV O;oLFkk ds rgr Vh 2 fy[krksa ij orZeku dSi ykxw ugha
dSi dh otg ls Vh 2 ls vioftZr jkf'k ¼ekspu vkSj ifjiDorkds ckn dSi ij vfrfjä½ ykxw ugha
%
( )` fefy;u esa
fofu;ked lek;kstu ds laØe.k ds nkSjku Á;ksx fd;k tkus okykcsly lkekU; ÁdVhdj.k VsEiysV ¼vFkkZr 1 vÁSy 2013 ls31 fnlacj 2017 rd½
III
csly iwoZi)fr ds VªhVesaVvn~;èkhu jkf’k
III lanHkZ la[;k
Mh ,Q&11% iawth dh lajpuk
316
( in Million)`
Basel III common disclosure template to be used during thetransition of regulatory adjustments (i.e. from April 1, 2013 toDecember 31, 2017)
AmountsSubject toPre-Basel IIITreatment
Ref No.
DF-11: Composition of Capital
72 Non-significant investments in the capital ofother financial entities 0
73 Significant investments in the common stock offinancial entities 0
74 Mortgage servicing rights (net of related tax liability) 0
75 Deferred tax assets arising from temporarydifferences (net of related tax liability) 0
76 Provisions eligible for inclusion in Tier 2 in respectof exposures subject to standardised approach(prior to application of cap) 8168.66 C3+C4
77 Cap on inclusion of provisions in Tier 2 understandardised approach (1.25% of Credit Risk RWA) 12329.42 1.25% of 60a
78 Provisions eligible for inclusion in Tier 2 in respect ofexposures subject to internal ratings-based approach(prior to application of cap) Applicable
79 Cap for inclusion of provisions in Tier 2 under Notinternal ratings-based approach Applicable
80 Current cap on CET1 instruments subject to phase outarrangements Applicable
81 Amount excluded from CET1 due to cap (excess overcap after redemptions and maturities) Applicable
82 Current cap on AT1 instruments subject to phaseout arrangements Applicable
83 Amount excluded from AT1 due to cap (excessover cap after redemptions and maturities) Applicable
84 Current cap on T2 instruments subject tophase out arrangements Applicable
85 Amount excluded from T2 due to cap(excess over cap after redemptions and maturities) Applicable
Amounts below the thresholds for deduction(before risk weighting)
Applicable caps on the inclusion of provisions in Tier 2
Not
Not
Not
Not
Not
Not
Not
Capital instruments subject to phase-out arrangements(only applicable between March 31, 2017 and
March 31, 2022)
317
VsEiysV ij uksV
VsEiysVdh iafä fooj.k fefy;u esala[;k
10
0.00
0.00
0.00
19
26
(I)
(ii)
44
50 8168.66
0.00
8168.66
58
0.00
(` )
lafpr gkfu;ksa ds lkFk tqM+h gqà vkLFkfxrdj vkfLr;k¡
vkLFkfxr dj vkfLr;k¡ mudks NksM+ dj tks lafpr gkfu;ksa lstqM+h gqbZ gSa vkLFkfxr dj ns;rkvksa dk fuoy
iafä 10 esa of.kZr ds vuqlkj dqy ;ksx
vxj lgk;d chek daifu;ksa esa fuos'k iwath ls iw.kZr% ugha dkVktkrk gS vkSj mlds ,ot esa dVkSrh gsrq 10 çfr'kr U;wure lhekds varxZr fygkt esa fy;k tkrk gS] rks ifj.kke Lo:i cSad dhiwath esa o`f) ykxw ugha
ftlesa ls% lkekU; bZfDoVh fV;j 1 iwath esa o`f) ykxw ugha
ftlesa ls% vfrfjä bZfDoVh fV;j 1 iwath esa o`f) ykxw ugha
ftlesa ls% vfrfjä bZfDoVh fV;j 2 iwath esa o`f) ykxw ugha
ch xSj lesfdr xSj foÙkh; lgk;d daifu;ksa dh bZfDoVh iwath esafuos'k ugha dkVk tkrk gS vkSj ifj.kker% tksf[ke Hkkfjrfd;k tkrk gS] ykxw ugha
lkekU; bZfDoVh fV;j 1 iwath esa o`f) ykxw ugha
tksf[ke Hkkfjr vkfLr;ksa esa o`f) ykxw ugha
, vU; vfrfjä fV;j 1 iwath] ftldk ifjdyu iwath i;kZIrrk ds fy,ugha fd;k x;k gS ¼iafä 44 esa fjiksfVZr vfrfjä fV;j 1 iwath vkSjiafä 44, esa fjiksfVZr vfrfjDr vuqes; fV;j 1 iwath dssachp dk varj½ ykxw ugha
ftlesa ls% vfrfjä vU; fV;j 1 iwath ftls iafä 58ch ds rgr vcfV;j 2 iwath ekuk x;k gS ykxw ugha
fV;j 2 iwath esa 'kkfey ik= çko/kku
fV;j 2 iwath esa 'kkfey ik= iquewZY;kaduizkjf{kfr;ka
iafä 50 dk dqy ;ksx
, iwath i;kZIrrk ds fy, ifjdfyr u dh xbZ vfrfjä fV;j 2 iwath¼ iafä 58 esa fjiksfVZr fV;j 2 iwath vkSj iafDr 58 , esa fjiksfVZrfV;j 2 iwath ds chp dk varj½
()
318
Notes to the Template
Row No.
of the
template
10 Deferred tax assets associated with
accumulated losses 0.00
Deferred tax assets (excluding those associated
with accumulated losses) net of Deferred tax liability 0.00
Total as indicated in row 10 0.00
19 If investments in insurance subsidiaries are not
deducted fully from capital and instead considered
under 10% threshold for deduction, the resultant
increase in the capital of bank Not Applicable
of which: Increase in Common Equity Tier 1 capital Not Applicable
of which: Increase in Additional Tier 1 capital Not Applicable
of which: Increase in Tier 2 capital Not Applicable
26b If investments in the equity capital of unconsolidated
non-financial subsidiaries are not deducted and hence,
risk weighted then: Not Applicable
(i) Increase in Common Equity Tier 1 capital Not Applicable
(ii) Increase in risk weighted assets Not Applicable
44a Excess Additional Tier 1 capital not reckoned for
capital adequacy (difference between Additional
Tier 1 capital as reported in row 44 and admissible
Additional Tier 1 capital as reported in 44a) Not Applicable
of which: Excess Additional Tier 1 capital which is
considered as Tier 2 capital under row 58b Not Applicable
50 Eligible Provisions included in Tier 2 capital 8168.66
Eligible Revaluation Reserves included in 0.00
Tier 2 capital
Total of row 50 8168.66
58a Excess Tier 2 capital not reckoned for capital
adequacy (difference between Tier 2 capital
as reported in row 58 and T2 as reported in 58a) 0.00
Particular ( in million)`
319
( )` fefy;u esa
162597.77 164898.43
1782858.43 1782589.20
35093.16 35093.16
56554.46 56657.70
2037103.82 2039410.90
91744.51 91744.51
28248.39 28251.60
530893.14 532829.30
1290490.76 1290554.40
35110.72 35156.10
60616.29 60875.00
2037103.82 2039410.90
, iwath vkSj ns;rk,a
dqy iwath
vYila[;d ds fgr
tekjkf'k;ka
m/kkj jkf'k;ka
vU; ns;rk,¡ ,oa çko/kku
dqy ns;rk,¡
ch vkfLr;ka
dqy vkfLr;ka
I 4802.92 4802.92
157794.85 160095.51
0.00 172.50
ii
25362.68 25362.60
1757495.75 1757226.60
0.00 0.00
iii
0.00 0.00
0.14 0.14
0.89 0.89
20092.13 20092.13
15000.00 15000.00
iv
I
ii
420821.07 420821.00
362.71 362.70
3873.46 3904.20
77682.76 77682.80
451.50 2357.00
27701.64 27701.60
iii
6659.93 6659.93
1283830.83 1283894.47
iv
v
0.00 0.00
711.96 754.18
vi 0.00 0
vii 0.00 0
iznRr iwath
vkjf{kfr;ka ,oa vf/k'ks"k
ftlesa ls% cSadksa ls tek
ftlesa ls% xzkgdksa dh tek jkf'k
ftlesa ls% vU; tek ¼—i;k n'kkZ,¡ ½
ftlesa ls% Hkkjrh; fjtoZ cSad ls
ftlesa ls% cSadksa ls
ftlesa ls% nwljs laLFkkvksa vkSj vfHkdj.kksa ls
ftlesa ls% vU; ¼—i;k n'kkZ,¡ ½
ftlesa ls% iwath fy[krsa
Hkkjrh; fjtoZ cSad ds ikl udnh vkSj 'ks"k
cSadksa esa 'ks"k vkSj ekax vkSj vYikof/k ij /kujkf'k
fuos'k %
ftlesa ls% ljdkjh çfrHkwfr;ksa esa
ftlesa ls% vU; vuqeksfnr çfrHkwfr;ksa esa
ftlesa ls% 'ks;jksa esa
ftlesa ls% _.k i= vkSj ckaM esa
ftlesa ls% vuq"kaxh @ la;qä miØe @ lg;ksfx;ksa esa
ftlesa ls% vU; ¼okf.kfT;d i=ksa] E;wpqvy QaMksa vkfn½ esa
_.k vkSj vfxze
ftlesa ls% cSadksa dks _.k vkSj vfxze
ftlesa ls% xzkgdksa dks _.k vkSj vfxze
vpy vkfLr;k¡
vU; vkfLr;ka
ftlesa ls% xqMfoy vkSj vewrZ vkfLr;ka
ftlesa ls% vkLFkfxr dj vkfLr;k¡
lesdu ij xqMfoy
ykHk vkSj gkfu [kkrs esa ukes 'ks"k
foÙkh; fooj.kksa dsvuqlkj
¼LVSaM,yksu½rqyu i=
lesdu ds fofu;kednk;js ds rgr rqyu
i=
Mh,Q 12 % iwath dh lajpuk feyku vko';drk,aa & pj.k 1-
31 ‐03‐ 2016 dks 31 ‐03‐ 2016 dks
320
( in Million)`
A Capital & Liabilities
Total Capital 162597.77 164898.43
Deposits 1782858.43 1782589.20
Borrowings 35093.16 35093.16
Other liabilities & provisions 56554.46 56657.70
Total Liabilities 2037103.82 2039410.90
B Assets
91744.51 91744.51
28248.39 28251.60
530893.14 532829.30
1290490.76 1290554.40
35110.72 35156.10
60616.29 60875.00
Total Assets 2037103.82 2039410.90
i Paid-up Capital 4802.92 4802.92
Reserves & Surplus 157794.85 160095.51
Minority Interest 0.00 172.50
ii
of which: Deposits from banks 25362.68 25362.60
of which: Customer deposits 1757495.75 1757226.60
of which: Other deposits (pl. specify) 0.00 0.00
iii
of which: From RBI 0.00 0.00
of which: From banks 0.14 0.14
of which: From other institutions & agencies 0.89 0.89
of which: Others (pl. specify) 20092.13 20092.13
of which: Capital instruments 15000.00 15000.00
iv
i Cash and balances with Reserve Bank of India
Balance with banks and money at call and short notice
ii Investments:
of which: Government securities 420821.07 420821.00
of which: Other approved securities 362.71 362.70
of which: Shares 3873.46 3904.20
of which: Debentures & Bonds 77682.76 77682.80
of which: Subsidiaries / Joint Ventures / Associates 451.50 2357.00
of which: Others (Commercial Papers, Mutual Funds etc.) 27701.64 27701.60
iii Loans and advances
of which: Loans and advances to banks 6659.93 6659.93
of which: Loans and advances to customers 1283830.83 1283894.47
iv Fixed assets
v Other assets
of which: Goodwill and intangible assets 0.00 0.00
of which: Deferred tax assets 711.96 754.18
vi Goodwill on consolidation 0.00 0
vii Debit balance in Profit & Loss account 0.00 0
Balance sheetas in financialstatements(stand alone)
Balance sheetunder regulatoryscope ofconsolidation
DF-12: Composition of Capital- Reconciliation Requirements -STEP 1
As on 31.03.2016 As on 31.03.2016
321
I 4802.92 4802.92
4802.92 4802.92
0.00 0.00
1. 13256.73 13256.73
2. 37591.08 37591.08
3. 1178.22 1178.22
4. 6847.20 6847.20
6847.20 6847.20
5. 66585.11 66961.13
6. 963.64 2888.28
963.64 2888.28
7. 0.00 172.50
0.00 0.00
8. 27814.27 27814.27
12516.42 12516.42
9. 399.22 399.22
10. 7769.44 7769.44
11. 3159.38 3159.38
2369.54 2369.54
25362.68 25362.60
1757495.75 1757226.60
0.00 0.00
0.00 0.00
0.14 0.14
0.89 0.89
20092.13 20092.13
15000.00 15000.00
5000.00 5000.00
5000.00 5000.00
5000.00 5000.00
, iw¡th rFkk ns;rk,¡
iznRr i¡wth
vkjf{kr fuf/k rFkk vf/k'ks"k
dqy iwath
tek jkf'k;ka
m/kkj
vU; ns;rk,a ,oa izko/kku
dqy
ftuesa ls % lhbZVh 1 ds fy, ik= jkf'k
ftuesa ls % ,Vh 1 ds fy, ik= jkf'k
ftuesa ls
'ks;j fizfe;e
lkafof/kd vkjf{kfr;ka
vkjf{kr iwath
fo'ks"k vkjf{kfr;ka
ftuesasa ls dj dk fuoy fo'ks"k vkjf{kfr;ka
jktLo vkjf{kfr;ka
ykHk ,oa gkfu [kkrk
ftuesa ls % çfrèkkfjr dekbZ
vYi la[;d ds fgr
ftuesa ls iw¡th fuf/k ds fy, fy;k x;k
iquewZY;u vkjf{kfr
iquewZY;u vkjf{kfr ¼lhbZVh 1 iwath ds va’k ij NwV
vkjf{kr fuos'k
lkekU; izko/kku
Q‚jsu djsalh Vªkalys'ku fjt+oZ ¼,QVhvkjih½
ftuesa ls iwath fuf/k d¢ fy, ¼25 dh NwV½ fy;k x;k-
ftuesa ls % cSadksa dh tek jkf'k;ka
ftuesasa ls % xzkgd tek,a
ftuesa ls % vU; tek,a
ftuesa ls % Hkkjrh; fjt+oZ cSad ls
ftuesa ls % cSadksa l
ftuesa ls % vU; laLFkkvksa vkSj ,tsafl;ksa ls
ftuesa ls % Hkkjr ds ckgj ls m/kkj
ftuesa ls % iwath fy[kr
vij fV;j fy[kr
yksoj fV;j fy[kr
,Vh 1 d¢ fy, lnSo fy[kr vugZ
,1
b
(1+2+3+4+5+6+7+8+9+10) 157794.85 160095.51
162597.77 164898.43
ii 1782858.43 1782589.20
iii 35093.16 35093.16
iv 56554.46 56657.70
2037103.82 2039410.90
,2
ch1
ch2
ch3
ch4
ch5
ch6
lh3
lh4
ch7
lh1
lh2
55%
%
dk )
II
II
Mh,Q 12 % iwath dh lajpuk feyku vko';drk,aa & pj.k 2-
31 ‐03‐ 2016 dks 31 ‐03‐ 2016 dks lanHkZ
foÙkh; fooj.kksa dsvuqlkj
¼LVSaM,yksu½rqyu i=
lesdu ds fofu;kednk;js ds rgr rqyu
i=
( )` fefy;u esa
322
( in Million)`
i Paid-up Capital 4802.92 4802.92
of which: Amount eligible for CET1 4802.92 4802.92 A1
of which: Amount eligible for AT1 0.00 0.00 E
of which
1.Share Premium 13256.73 13256.73 A2
2.Statutory Reserves 37591.08 37591.08 B1
3.Capital Reserves 1178.22 1178.22 B2
4.Special Reserves 6847.20 6847.20
of which special reserve net of Tax 6847.20 6847.20 B3
5.Revenue Reserves 66585.11 66961.13 B4
6.Profit and Loss account 963.64 2888.28
Of which: Retained earnings 963.64 2888.28 B5
7.Minority Interest 0.00 172.50
Of which considered for Capital funds 0.00 0.00
8.Revaluation Reserve 27814.27 27814.27
Revaluation Reserve( Part of CET 1 capital @ discount of 55%) 12516.42 12516.42 B6
9.Investment Reserve 399.22 399.22 C3
10.General Provisions 7769.44 7769.44 C4
11.Foreign Currency Translation Reserve (FCTR) 3159.38 3159.38
of which considered for Capital funds ( at 25% discount) 2369.54 2369.54 B7
of which: Deposits from banks 25362.68 25362.60
of which: Customer deposits 1757495.75 1757226.60
of which: Other deposits 0.00 0.00
of which: From RBI 0.00 0.00
of which: From banks 0.14 0.14
of which: From other institutions & agencies 0.89 0.89
of which: borrowings outside India 20092.13 20092.13
of which: Capital instruments 15000.00 15000.00
Upper Tier II Instruments 5000.00 5000.00 C1
Lower Tier II Instruments 5000.00 5000.00 C2
Perpetual Debt Instruments qualifying for AT 1 5000.00 5000.00
A Capital & Liabilities
Reserves & Surplus (1+2+3+4+5+6+7+8+9+10) 157794.85 160095.51
Total Capital 162597.77 164898.43
ii Deposits 1782858.43 1782589.20
iii Borrowings 35093.16 35093.16
iv Other liabilities & provisions 56554.46 56657.70
Total 2037103.82 2039410.90
Balance sheetas in financial
statements(stand alone)
Balance sheetunder regulatory
scope ofconsolidation
DF-12: Composition of Capital- Reconciliation Requirements-STEP 2
As on 31.03.2016 As on 31.03.2016 Reference
323
ch vkfLr;ka
Hkkjrh; fjt+oZ cSad ds lkFk udn ,oa 'ks"k
cSadksa ds ikl 'ks"k vkSj ekax vkSj vYi lwpuk ij izfrns; jkf'k
fuo'sk
_.k ,oa vfxze
vpy vkfLr;ka
vU; vkfLr;ka
dqy vkfLr;ka
91744.51 91744.51
28248.39 28251.60
1290490.76 1290554.40
35110.72 35156.10
60616.29 60875.00
2037103.82 2039410.90
I.
ii 530893.14 532829.30
420821.07 420821.00
362.71 362.70
3873.46 3904.20
77682.76 77682.80
451.50 2357.00
27701.64 27701.60
iii
6659.93 6659.93
1283830.83 1283894.47
iv
v
711.96 754.18
0.00 0.00
0.00 0.00
711.96 754.18
vi 0.00 0.00
vii 0.00 0.00
ftuesa ls % ljdkjh izfrHkwfr;ka
ftuesa ls % vU; vuqeksfnr izfrHkwfr;ka
ftuesa ls % 'ks;j
ftuesa ls % fMcsapj ,oa ckaM
ftuesa ls % vuq"kaxh @ la;qDr m|e @ lg;ksxh laLFkk,
ftuesa ls % vU; ¼okf.kfT;d i=] E;qpqvy QaM] bR;kfn½
ftuesa ls % cSadksa dks _.k vkSj vfxze
ftuesa ls % xzkgdksa dks _.k vkSj vfxze
ftuesa ls % xqMfoy vkSj vewrZ vkfLr;ka
ftuesa ls
xqMfoy
vU; vewrZ rRo
vkLFkfxr dj ns;rk,a
lesdu ij xqMfoy
ykHk rFkk gkfu [kkrs esa ukes 'ks"k
( )` fefy;u esa
1
18059.65 A1+A2
2 2888.28 B5
3 127463.59 B1+B2+B3+B4+B6+B7
4
0
5
0
6 148411.52
7 0
8 0
lh/ks fuxZfer dh xbZ vgZd lkekU; 'ks;j ¼rFkk xSj & la;qDr LVkWd daifu;ksads fy, lerqY;½ iawth rFkk lacaf/kr LVkWd vf/k'ks"k dk tksM
izfr/kkfjr vk;
lapf;r vU; O;kid vk; ¼rFkk vU; fuf/k;ka½
lhbZVh1 ls gVk;k tkus ds v/khu lh/ks fuxZfer iw¡th ¼dsoy xSj la;qDrLVkWd daifu;ksa ij ykxw½
vuq"kaxh laLFkkvksa }kjk fuxZfer lkekU; 'ks;j iwath rFkk FkMZ ikVhZ }kjk /kkfjr¼lewg lhbZVh 1 esa vuqer jkf'k½
fofu;ked lek;kstuksa ls iwoZ lkekU; bZfDoVh fV;j 1 iwath
foosdiw.kZ ewY;u lek;kstu
xqMfoy ¼lacaf/kr dj n;srk dk fuoy½
cSad }kjk fjiksVZ dh xbZfofu;ked iw¡th ds
?kVd
pj.k 2 ls lesdu ds fofu;kednk;js ds varxZr rqyui= dslanHkZ la[;k i=ksa ij vk/kkfjr
lzksr
csly lkekU; izdVhdj.k VsaIysV dk m)j.k & lkj.kh Mh,Q & 11 pj.k 3III
lkekU; bZfDoVh fV;j 1 i¡wth % fy[kr rFkk vkjf{kfr
Mh,Q 12 % iwath dh lajpuk feyku vko';drk,aa & pj.k 2-
31 ‐03‐ 2016 rd 31 ‐03‐ 2016 rd lanHkZ
foÙkh; fooj.kksa dsvuqlkj
¼LVSaM,yksu½rqyu i=
lesdu ds fofu;kednk;js ds rgr rqyu
i=
( )` fefy;u esa
324
B Assets
Cash and balances with Reserve Bank of India 91744.51 91744.51
Balance with banks and money at call and short notice 28248.39 28251.60
Investments
Loans and advances 1290490.76 1290554.40
Fixed assets 35110.72 35156.10
Other assets 60616.29 60875.00
Total Assets 2037103.82 2039410.90
i.
ii 530893.14 532829.30
of which: Government securities 420821.07 420821.00
of which: Other approved securities 362.71 362.70
of which: Shares 3873.46 3904.20
of which: Debentures & Bonds 77682.76 77682.80
of which: Subsidiaries / Joint Ventures / Associates 451.50 2357.00
of which: Others (Commercial Papers, Mutual Funds etc.) 27701.64 27701.60
iii
of which: Loans and advances to banks 6659.93 6659.93
of which: Loans and advances to customers 1283830.83 1283894.47
iv
v
of which: Goodwill and intangible assets
Out of which: 711.96 754.18
Goodwill 0.00 0.00
Other intangibles 0.00 0.00
Deferred tax assets 711.96 754.18
vi Goodwill on consolidation 0.00 0.00
vii Debit balance in Profit & Loss account 0.00 0.00
( in Million)`
1 Directly issued qualifying common share (and equivalent for
non-joint stock companies) capital plus related stock surplus 18059.65 A1+A2
2 Retained earnings 2888.28 B5
3 Accumulated other comprehensive income (and other reserves) 127463.59 B1+B2+B3+B4+B6+B7
4 Directly issued capital subject to phase out from CET1
(only applicable to non-joint stock companies) 0
5 Common share capital issued by subsidiaries and held by
third parties (amount allowed in group CET1) 0
6 Common Equity Tier 1 capital before regulatory adjustments 148411.52
7 Prudential valuation adjustments 0
8 Goodwill (net of related tax liability) 0
Component ofregulatory capitalreported by bank
Source based on referencenumbers/ letters of the
balance sheet under theregulatory scope of
consolidationfrom step 2
Extract of Basel III common disclosure template – Table DF-11 STEP 3
Common Equity Tier 1 capital: instruments and reserves
DF-12: Composition of Capital- Reconciliation Requirements-STEP 2 ( in Million)`
Balance sheetas in financial
statements(stand alone)
Balance sheetunder regulatory
scope ofconsolidation
As on 31.03.2016As on 31.03.2016 Reference
325
1
2562 01011 562 09055
3
4
5
6
7
8) 4802.92 5000
9 5000
10
11 30.03.2016
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
tkjhdrkZ bafM;u cSad bafM;u cSadfof'k"V igpkudrkZ ¼mnk % lh;w,lvkbZih] vkbZ,lvkbZ,u vFkokfuth fuos’k ds fy, CywecxZ igpkudrkZ½ vkbZ,ubZ , vkbZ,ubZ ,fy[krksa dk fu;a=.k djusokys fu;e Hkkjrh; dkuwu vkSj fofu;ked Hkkjrh; dkuwu vkSj fofu;ked
vko';drkvksa ij ykxw vko';drkvksa ij ykxwfofu;ked VªhV~esaVlaØe.kdkfyd csly fu;e lkekU; bZfDoVh fV;j 1 ,Vh 1 ck.MmRrj laØe.kdkfyd csly fu;e lkekU; bZfDoVh fV;j 1 vik=,dy@lewg@lewg ,oa ,dy ij ik= lewg ,oa ,dy lewg ,oa ,dyfy[kr çdkj dkeu 'ks;j csfe;knh ck.Mfofu;ked iwath esa 'kkfey dh xbZ jkf'k¼31-03-2016 dks #i, fefy;u esa½fy[kr dk leewY; Ykkxw ughays[kkadu oxhZdj.k 'ks;j /kkjd dk bZfDoVh m/kkjtkjh djus dh ewy frfFk fHkUu frfFklrr vFkok fnukafdr csfe;knh csfe;knhewy ifjiDork frfFk Ykkxw ugha csfe;knhiwoZ i;Zos{kh vuqeksnu ds v/khu tkjhdrkZ dky ugha gk¡oSdfYid dkyW fnukad] vkdfLed dkWy fnukad ,oa ekspu jkf'k ykxw ugh oSdfYid dkyW fnukad%30@03@2021¼#i, fefy;u esa½a vkdfLed dkWy fnukad% ykxw ugha
ekspu jkf'k% 5000vuqorhZ dky fnukad ;fn ykxw gks ykxw ugha ykxw ughaykHkka'k @ dwiu ykHkka'k dwiufLFkj vFkok vfLFkj ykHkka'k @ dwiu ykHkka'k LFkk;hdwiu nj vFkok dksbZ vU; lacaf/kr lwpdkad ykxw ugha izfro"kZ dksbZ lacaf/kr lwpdkad ugha gSykHkka'k jks/kd dk vfLrRo ykxw ugha gk¡iw.kZ foosdkf/kdkj] v/kZ foosdkf/kdkj vFkok vfuok;Z iwjh rjg foosdk/khu vfuok;ZHkqukus ds fy, LVsi vi vFkok vU; izksRlkgu jkf'k dk vfLrRo ugha ughaxSj lap;h vFkok lap;h xSj lap;h xSj lap;hifjorZuh; vFkok vifjorZuh; ykxw ugha csly AAA ij HkkfjcSad ds fnukad 01-07-2015
ds ekLVj ifji= esa of.kZr ihvks,uoh ?kVuk@ fof'k"V fVªxj ds vk/kkj ij ifjorZuh;
;fn ifjorZuh; gS rks] ifjorZu fVªxj ykxw ugha iwoZ fofufnZ"V fVªxj ij ifjorZu tks 5-50izfr'kr ds U;wure vke bZfDoVh fV;j A iwathvuqikr ij gks ¼31-03-2019 ds igys½ ;ktksf[ke Hkkfjr vkfLr;ksa ¼vkjMcY;w,½ ds 6-125 izfr'kr ij gks ¼31-03-2019 ;k mldsckn½ tksfd csly AAA ij tkjh HkkfjcSad ds01-07-2015 ds ifji= esa fu/kkZfjr fd;k x;kgSA
;fn ifjorZuh; gS rks] iw.kZr% vFkok va'kr % ykxw ugha iw.kZr%;fn ifjorZuh; gS rks] ifjorZu nj ykxw ugha ifjorZu ds le; ij ekStwnk cktkj ewY; ds
vk/kkj ij;fn ifjorZuh; gS rks] vfuok;Z vFkok oSdfYid ifjorZu ykxw ugha fof'k"V fVªxj ij vfuok;Z;fn ifjorZuh; gS rks] ifjorZuh; fy[kr ds izdkj dks fofufnZ"V djsa ykxw ugha ykxw ugha;fn ifjorZuh; gS rks] ifjorZuh; fy[kr tkjhdrkZ dks fofufnZ"V djsaA ykxw ugha ykxw ughavoys[ku fo'ks"krk,a ugha ugha;fn vofyf[kr gS rks] mlds fVªxj ykxw ugha ykxw ugha;fn vofyf[kr gS rks iw.kZr% vFkok va'kr% ykxw ugha ykxw ugha;fn vofyf[kr gS rks] LFkk;h ;k vLFkk;h ykxw ugha ykxw ugha;fn vLFkk;h voys[ku gS rks jkbV& vi ç.kkyh dk fooj.k ykxw ugha ykxw ugha
ifjlekiu esa v/khurk LFkku esa inØe ¼fy[kr ds fudVre ofj"B ykxw ugh cSad ds vU; ysunkjksa rFkk tekdrkZvksa dsfy[kr çdkj mYys[k djsa½ nkoksa ds v/khuLFkxSj dk;kZfUor laØe.k fo'ks"krk,a ugha ykxw ugha;fn gk¡] xSj dk;kZfUor fo'ks"krkvksa dks fofufnZ"V djuk ykxw ugha ykxw ugha
III
III
11.15
,
,
lkj.kh Mh,Q & 13 fofu;ked iwath fy[krksa dh eq[; fo'ks"krk,¡fofu;ked iwath fy[krksa dk eq[; fo'ks"krk,a gsrq izdfVdj.k VsEIysV
326
1 Issuer Indian Bank Indian Bank
2 Unique identifier (e.g. CUSIP, ISIN orBloomberg identifier for private placement) INE562A01011 INE562A09055
3 Governing law(s) of the instrument Applicable Indian Lawsand regulatory requirements regulatory requirements
Regulatory treatment
4 Transitional Basel III rules Common Equity Tier 1 AT 1 bonds
5 Post-transitional Basel III rules Common Equity Tier 1 Eligible
6 Eligible at solo/group/ group & solo Group & Solo Group & Solo
7 Instrument type Common Shares Perpetual bonds
8 Amount recognised in regulatory capital(Rs. in million, as of 31.03.2016) 4802.92 5000
9 Par value of instrument NotApplicable 5000
10 Accounting classification Share holder’s equity Borrowings
11 Original date of issuance various dates 30.03.2016
12 Perpetual or dated
13 Original maturity date NotApplicable
14 Issuer call subject to prior supervisory approval No Yes
15 Optional call date, contingent call dates and Optional Call date:redemption amount ( In Millions) NotApplicable
16 Subsequent call dates, if applicable NotApplicable NotApplicable
Coupons / dividends Dividend Coupon
17 Fixed or floating dividend/coupon Dividend Fixed
18 Coupon rate and any related index NotApplicable 11.15% p.a No related index
19 Existence of a dividend stopper NotApplicable Yes
20 Fully discretionary, partially discretionary or mandatory Fully discretionary Mandatory
21 Existence of step up or other incentive to redeem No No
22 Noncumulative or cumulative Non Cumulative Non Cumulative
23 Convertible or non-convertible NotApplicable Convertible at specific trigger / PONVevent as described in RBI MastercircularonBasel IIIdated01.07.2015
24 If convertible, conversion trigger(s) NotApplicable Conversion at pre-specified triggerat minimum Common Equity Tier Icapital ratio of 5.50% (before31.03.2019) or 6.125% of Riskweighted Assets (on or after31.03.2019) as prescribed in in RBIMaster circular on Basel III dated01.07.2015
25 If convertible, fully or partially NotApplicable Fully
26 If convertible, conversion rate NotApplicable Based on market price prevailingthe time of conversion
27 If convertible, mandatory or optional conversion NotApplicable Mandatory on specific trigger
28 If convertible, specify instrument type convertible into NotApplicable NotApplicable
29 If convertible, specify issuer of instrument it converts into NotApplicable NotApplicable
30 Write-down feature No No
31 If write-down, write-down trigger(s) NotApplicable NotApplicable
32 If write-down, full or partial NotApplicable NotApplicable
33 If write-down, permanent or temporary Not Applicable Not Applicable
34 If temporary write-down, description ofwrite-up mechanism Not Applicable Not Applicable
35 Position in subordination hierarchy in liquidationinstrument type immediately senior to
36 Non-compliant transitioned features No
37 If yes, specify non-compliant features Not Applicable
Applicable Indian Laws and
Subordinated to thecreditors
Perpetual Perpetual
Perpetual
30.03.2021Contingent Cal l dates: Nota p p l i c a b l e R e d e m p t i o namount:5000
(RWAs)
at
(specify claims of otherinstrument) NotApplicable and depositors of the Bank
Not Applicable
Not Applicable
R
Table DF-13: Main Features of Regulatory Capital Instruments
Disclosure template for main features of regulatory capital instruments
327
1
2562 09030 562 09048
3
4
5
6
7
83000 3000
9 5000
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
tkjhdrkZ bafM;u cSad bafM;u cSad
fof'k"V igpkudrkZ ¼mnk % lh;w,lvkbZih] vkbZ,lvkbZ,u vFkokfuth fuos’k ds fy, CywecxZ igpkudrkZ½ vkbZ,ubZ , vkbZ,ubZ ,
fy[krksa dk fu;a=.k djusokys fu;e Hkkjrh; fof/k vkSj fofu;ked Hkkjrh; fof/k vkSj fofu;kedvis{kk,¡ ij ykxw vis{kk,¡ ij ykxw
fofu;ked VªhV~esaV
laØe.kdkfyd csly fu;e fV;j 2 fV;j 2
mRrj laØe.kdkfyd csly fu;e vik= vik=
,dy@lewg@lewg ,oa ,dy ij ik= lewg ,oa ,dy lewg ,oa ,dy
fy[kr dk çdkj fuEurj Vh;j ¼J`a[kyk ½ mPprj Vh;j ¼J`a[kyk ½
fofu;ked iwath esa 'kkfey dh xbZ jkf'k¼31-03-2016 dks #i, fefy;u esa½
fy[kr dk leewY;
ys[kkadu oxhZdj.k mèkkj mèkkj
tkjh djus dh ewy frfFk
lrr vFkok fnukafdr fnukafdr fnukafdr
ewy ifjiDork frfFk
iwoZ i;Zos{kh vuqeksnu ds v/khu tkjhdrkZ dky gk¡ gk¡
oSdfYid dkyW fnukad] vkdfLed dkWy fnukad ,oa ekspu jkf'k oSdfYid dkyW fnukad oSdfYid dkyW fnukad%16@07@2020¼#i, fefy;u esa½a ykxw ugha vkdfLed dkWy fnukad% ykxw ugha
eksfpu jkf'k% 5000
vuqorhZ dky fnukad ;fn ykxw gks ykxw ugha ykxw ugha
dwiu @ ykÒka'k dwiu dwiu
fLFkj vFkok vfLFkj ykHkka'k @ dwiu LFkk;h LFkk;h
dwiu nj vFkok dksbZ vU; lacaf/kr lwpdkad 8-53 çfr'kr izfro"kZ igys 10 o"kZ ds fy, 8-67 izfr'krvxj dkWy dk iz;ksx ugha fd;k x;k%9-17izfr'kr
ykHkka'k jks/kd dk vfLrRo ugha ugha
iw.kZ foosdkf/kdkj] v/kZfoosdkf/kdkj vFkok vfuok;Z vfuok;Z vfuok;Z
Hkqukus ds fy, LVsi vi vFkok vU; çksRlkgu jkf'k dk vfLrRo ugha gk¡ 50 chih,l }kjk o`f)'khy _.k
xSj lap;h vFkok lap;h xSj lap;h xSj lap;h
ifjorZuh; vFkok vifjorZuh; vifjorZuh; vifjorZuh;
;fn ifjorZuh; gS rks] ifjorZu fVªxj ykxw ugha ykxw ugha
;fn ifjorZuh; gS rks] iw.kZr% vFkok va'kr% ykxw ugha ykxw ugha
;fn ifjorZuh; gS rks] ifjorZu nj ykxw ugha ykxw ugha
;fn ifjorZuh; gS rks] vfuok;Z vFkok oSdfYid ifjorZu ykxw ugha ykxw ugha
;fn ifjorZuh; gS rks] ifjorZuh; fy[kr ds izdkj dks fofufnZ"V djsa ykxw ugha ykxw ugha
;fn ifjorZuh; gS rks] ifjorZuh; fy[kr tkjhdrkZ dks fofufnZ"V djsaA ykxw ugha ykxw ugha
voys[ku fo'ks"krk,a ugha ugha
;fn vofyf[kr gS rks] mlds fVªxj ykxw ugha ykxw ugha
;fn vofyf[kr gS rks iw.kZr% vFkok va'kr% ykxw ugha ykxw ugha
;fn vofyf[kr gS rks] LFkk;h ;k vLFkk;h ykxw ugha ykxw ugha
;fn vLFkk;h voys[ku gS rks jkbV& vi ç.kkyh dk fooj.k ykxw ugha ykxw ugha
ifjlekiu esa v/khurk LFkku esa inØe ¼fy[kr ds fudVre ofj"B cSad ds vU; ysunkjksa rFkk cSad ds vU; ysunkjksa rFkk tekdrkZvksa dsfy[kr çdkj mYys[k djsa½ tekdrkZvksa ds nkoksa ds v/khuLFk nkoksa ds v/khuLFk
xSj dk;kZfUor laØe.k fo'ks"krk,a gk¡ gk¡
;fn gk¡] xSj dk;kZfUor fo'ks"krkvksa dks fofufnZ"V djuk fcuk gkfu ds vo'kks"kdrk fo'ks"krk,¡ fcuk gkfu ds vo'kks"kdrk fo'ks"krk,¡
III
III
II II II II
5000
28.06.2010 16.07.2010
28.06.2020 16.07.2025
,
,
lkj.kh Mh,Q & 13 fofu;ked iwath fy[krksa dh eq[; fo'ks"krk,¡fofu;ked iwath fy[krksa dk eq[; fo'ks"krk,a gsrq izdfVdj.k VsEIysV
328
1 Issuer Indian Bank Indian Bank
2 Unique identifier (e.g. CUSIP, ISIN or Bloombergidentifier for private placement) INE562A09030 INE562A09048
3 Governing law(s) of the instrument Applicable Indian Lawsand regulatory requirements and regulatory requirements
4 Transitional Basel III rules Tier 2 Tier 2
5 Post-transitional Basel III rules Ineligible Ineligible
6 Eligible at solo/group/group & solo Group & Solo Group & Solo
7 Instrument type Lower Tier II (series II) Tier II (series III)
8 Amount recognised in regulatory capitalRs. in million, as of 31.03.2016) 3000 3000
9 Par value of instrument 5000 5000
10 Accounting classification Borrowings
11 Original date of issuance 28.06.2010
12 Perpetual or dated Dated Dated
13 Original maturity date 28.06.2020
14 Issuer call subject to prior supervisory approval Yes Yes
15 Optional call date, contingent call dates and redemption Call Option Date:amount ( In Millions) Contingent Call dates:
16 Subsequent call dates, if applicable Not Applicable Not Applicable
Coupon Coupon
17 Fixed or floating dividend/coupon Fixed Fixed
18 Coupon rate and any related index 8.53% pa
19 Existence of a dividend stopper No No
20 Fully discretionary, partially discretionary or mandatory Mandatory Mandatory
21 Existence of step up or other incentive to redeem No Yes
22 Noncumulative or cumulative Non Cumulative Non Cumulative
23 Convertible or non-convertible Non Convertible Non Convertible
24 If convertible, conversion trigger(s) Not Applicable Not Applicable
25 If convertible, fully or partially Not Applicable Not Applicable
26 If convertible, conversion rate Not Applicable Not Applicable
27 If convertible, mandatory or optional conversion Not Applicable Not Applicable
28 If convertible, specify instrument type convertible into Not Applicable Not Applicable
29 If convertible, specify issuer of instrument it converts into Not Applicable Not Applicable
30 Write-down feature No No
31 If write-down, write-down trigger(s) Not Applicable Not Applicable
32 If write-down, full or partial Not Applicable Not Applicable
33 If write-down, permanent or temporary Not Applicable Not Applicable
34 If temporary write-down, description of write-up mechanism Not Applicable Not Applicable
35 Position in subordination hierarchy in liquidation (specifyinstrument type immediately senior to instrument)
and depositors of the Bank depositors of the Bank
36 Non-compliant transitioned features Yes Yes
37 If yes, specify non-compliant features No loss absorbency features No loss absorbency features
Applicable Indian Laws
Optional Call date:16/07/2020
Subordinated to the Subordinated to the claimsclaims of other creditors of other creditors and
Regulatory treatment
Upper
Borrowings
16.07.2010
16.07.2025
Not applicableNot applicableRedemption amount:5000
8.67% pa for first 10 years,If call not exercised: 9.17%
step up by 50bps
R
Coupons / dividends
Table DF-13: Main Features of Regulatory Capital Instruments
Disclosure template for main features of regulatory capital instruments
329
lkj.kh Mh,Q&14 fofu;ked iwath fy[krksa dh eq[; fo'ks"krk,afuEurj fV;j c‚UM ds fy, 'krZ ,oa fuca/kuII
lqj{kk fooj.k
fuos’k
dwiu nj ¼fuf'pr½s 10 lky ds fy, 8-67 çfr'kr ds nj ijA 50 csfll i‚baV~l nj LVsIM vi gksxk] çHkko esa]c‚UM~l ij dwiu nj 11 osa o"kZ ls 9-17 çfr'kr çfro"kZ gksxh] vxj d‚y v‚I'ku vkoaVu dhfrfFk ls 10 o"kZ ds var esa cSad }kjk ç;ksx ugha dh tk,xhA
C;kt dh vko`fr okf"kZd rFkk xSj lap;h
ns; C;kt dh frfFk gj lky 16 tqykbZ dks
C;kt Hkqxrku dh igyh frfFk 16 tqykbZ 2011
d‚y v‚I'ku d‚y v‚I'ku c‚UM ij miyC/k gS vkSj vkoaVu dh rkjh[k ls 10 o"kZ ds var esa cSad }kjk
bldk ç;ksx fd;k tkuk] vU; 'krksaZ ls lacaf/kr le; esa ykxw dkuwuksa vkSj fu;eu ds
vuqlkj] cSad dh d‚y v‚I'ku ç;ksx ds le; esa vkSj ç;ksx ds ckn iwath i;kZIrrk fLFkfr
vkaf'kdr% ugha cfYd iw.kZr% cSad }kjk d‚y fodYi dk ç;ksx vkSj ç;ksx ds ckn dk ekeyk
Hkkjrh; fjtoZ cSad ds iwoZ vuqeksnu ds v/khu gksxk A cSad }kjk d‚y fodYi ds ç;ksx ds
le; cSad de ls de 30 ¼rhl½ fnu igys ml rkjh[k dks] c‚UM /kkjdksa dks iath—r
Mkd @ dwfj;j }kjk Hksts x, ,d uksfVl ds ek/;e ls lwfpr djsxk A ckaM vkoaVu dh
laHkkfor rkjh[k ls 10 lky dh pwd ds ckn d‚y fodYi ds lkFk la;kstu ds :i esa ckaM
ds iwjs thou dky ds nkSjku dsoy ,d ckj ç;ksx fd;k tk,xk tks ,d LVsi&vi v‚I'ku
gSA LVsi&vi 50 chih,l] d‚y v‚I'ku vkoaVu dh frfFk ls 10 o"kZ ds var esa vxj cSad
}kjk ç;ksx ugha fd;k tkrk gS] rks c‚UM ij dwiu nj ckn ds o"kksaZ ds fy, 9-17% çfr o"kZ ds
fglkc ls dwiu jsV c<+k;k tk,xkA
8-67 çfr'kr vlqjf{kr çfrns; vifjorZuh; xkS.k vij fV;j c‚UM ¼_.k iwath fy[kr½
çR;sd 10]00]000 #i;s dk opu uksV dh ç—fr esa ¼J`a[kyk r`rh;½ dqy 500 djksM+
#i;s rd½
}kjk lqj{kk çnku fd;k x;k futh
VSDl dh fLFkfr VSDl ls NwV ugha
eqík ds mn~?kkVu dh rkjh[k 16@07@2010
eqík ds can gksus dh rkjh[k 16@07@2010
J`a[kyk J`a[kyk
vkbZ,lvkbZ,u dksM vkbZ,ubZ562,09048
çfr fy[kr dk vafdr ewY; #i;s 10]00]000
çfr fy[kr dk çnÙk ewY; #i;s 10]00]000
eqík dk vkdkj #i; 500 djksM+
vkoaVu dh frfFk 16@07@2010
ifjiDork dh frfFk 16@07@2025
ifjiDo gksus ds fy, jkf'k #i; 500 djksM+
II
III
330
Table DF-14: Main Features of Regulatory Capital Instruments
Terms and conditions for Lower Tier II Bond
Security Description 8.67% Unsecured Redeemable Non-Convertible Subordinated Upper
Tier II Bonds ( Debt Capital Instruments) in the nature of Promissory
Notes (Series III) of Rs.10,00,000 each aggregating to Rs.500 Crore)
Security offered through Private Placement
Tax status Not exempted from Tax
Date of opening of the issue 16/07/2010
Date of closing of the issue 16/07/2010
Series Series III
ISIN Code INE562A09048
Face Value per instrument Rs.10,00,000
Paid up value per instrument Rs.10,00,000
Issue Size Rs.500 Crore
Date of allotment 16/07/2010
Date of maturity 16/07/2025
Amount to be matured Rs.500 Crore
Coupon rate (fixed) 8.67% for the first 10 years. The rate will be stepped up by 50 basis
points, in effect, the coupon rate on Bonds shall be 9.17% p.a from
11th year onwards, if call option not exercised by the Bank at the end of
the 10th year from the date of allotment
Frequency of Interest Annual and Non Cumulative
Interest due dates 16th July every year
First Interest Payment date 16th July 2011
Call Option Call Option is available on bonds which may be exercised by the Bank
at the end of 10th year from the date of allotment, subject to prior
approval of RBI and in accordance with the applicable laws and
regulation in effect at the time relating to among other things, Capital
adequacy position of the Bank both at the time of and after exercise of
the Call option, in whole but not in part. In case of exercise of Call
option by the Bank, the Bank shall notify its intention to do so through a
notice sent by registered post/ courier to the Bond holders, at least
30(thirty) days prior to the due date. The bonds tions
which shall be exercised only once during the whole life of the bonds,
in conjunction with the Call option, after the lapse of 10 years from the
deemed date of allotment. The step-up shall be 50 bps, in effect, the
coupon rate on bonds shall be stepped up to 9.17% p.a for subsequent
years if call option is not exercised by the bank at the end of 10th year
from the date of allotment.
have a step-up op
331
fuEurj 'krZ fuca/kuVh;j c‚UM ds fy, iw.kZ vkSjII
lqj{kk fooj.k 8-53 çfr'kr vlqjf{kr çfrns; vifjorZuh; xkS.k Vh;j c‚UM~l
10]00]000 #i;s dk opu i= ds Js.kh esa ¼_.k iwath fy[kr½ ¼J`a[kyk ½]çR;sd dqy 500 djksM+ #i;s rd½
}kjk lqj{kk çnku fd;k x;k futh
VSDl dh fLFkfr VSDl ls NwV ugha
eqík ds mn~?kkVu dh rkjh[k
eqík ds can gksus dh rkjh[k
J`a[kyk J`a[kyk
vkbZ,lvkbZ,u dksM vkbZ,ubZ562,09030
çfr fy[kr dk vafdr ewY;
çfr fy[kr dk çnÙk ewY;
eqík dk vkdkj
vkoaVu dh frfFk
ifjiDork vof/k lekfIr dh frfFk
ifjiDo gksus ds fy, jkf'k
dwiu nj ¼fuf'pr½ çfr'kr
C;kt dh vko`fr okf"kZd rFkk xSj lap;h
ns; C;kt dh frfFk gj lky 28 twu dks
C;kt Hkqxrku dh igyh frfFk 28 twu 2011
II
II
28/06/2010
II
10,00,000
10,00,000
500
8.53
fuEurj
fuos’k
djksM+
djksM+
28/06/2010
28/06/2010
28/06/2020
500
�
�
�
�
lkj.kh Mh,Q&14 fofu;ked iwath fy[krksa dh 'krZ ,oa fuca/ku
,Vh 1 c‚UM ds fy, 'krZ ,oa fuca/kulqj{kk fooj.k
}kjk lqj{kk çnku fd;k x;k futh
VSDl dh fLFkfr VSDl ls NwV ugha
eqík ds mn~?kkVu dh rkjh[k
eqík ds can gksus dh rkjh[k
J`a[kyk J`a[
vkbZ,lvkbZ,u dksM
çfr fy[kr dk vafdr ewY; #i;s
çfr fy[kr dk çnÙk ewY; #i;s
eqík dk vkdkj #i;s djksM+
vkoaVu dh frfFk
ifjiDork dh frfFk LFkk;h fy[krsa
dwiu nj ¼fu;r½ izfr'kr izfro"kZ
C;kt dh vko`fr okf"kZd rFkk xSj lap;h
ns; C;kt dh frfFk gj lky 30 ekpZ dks
C;kt Hkqxrku dh igyh frfFk 30 ekpZZ 2017
iqV vkWI'ku dqN ugha
d‚y v‚I'ku 5 o"kZ iwjk gksus ds ckn gh
VªLVhl ,fDll VªLVh lÆolst fyfeVsM
_.k jsfVax Lh,vkjbZ ,, 05 ekpZ 2016 fnukafdrlhvkjvkbZ,lvkbZ,y ,,@-------02 ekpZ 2016 fnukafdr
30/03/2016
INE562A09055
10,00,000
10,00,000
500
11.15
vjf{kr csly ds vuqikyu esa vfrfjDr fV;j&1 dh LFkk;h _.kfy[krsa
III
fuos’k
30/03/2016
31/03/2016
kyk I
332
Terms and conditions for Lower Tier II Bond
Security Description 8.53% Unsecured Redeemable Non-Convert ib leSubordinated Lower Tier II Bonds ( Debt Capital Instruments)in the nature of Promissory Notes (Series II) of Rs.10,00,000each aggregating to Rs.500 Crore)
Security offered through Private Placement
Tax status Not exempted from Tax
Date of opening of the issue 28/06/2010
Date of closing of the issue
Series Series II
ISIN Code INE562A09030
Face Value per instrument Rs.10,00,000
Paid up value per instrument Rs.10,00,000
Issue Size Rs.500 Crore
Date of allotment
Date of maturity
Amount to be matured
Coupon rate (fixed) 8.53%
Frequency of Interest Annual and Non Cumulative
Interest due dates 28th June every year
First Interest Payment date 28th June 2011
28/06/2010
28/06/2010
28/06/2020
Rs.500 Crore
Table DF-14: Terms and Conditions of Regulatory Capital Instruments
Terms and conditions for AT 1 Bonds
Security Description Unsecured BASEL III Compliant Additional Tier-1 PerpetualDebt Instruments
Security offered through Private Placement
Tax status Not exempted from Tax
Date of opening of the issue 30/03/2016
Date of closing of the issue
Series Series I
ISIN Code INE562A09055
Face Value per instrument Rs.10,00,000
Paid up value per instrument Rs.10,00,000
Issue Size Rs.500 Crore
Date of allotment
Date of maturity
Coupon rate (fixed) 11.15% p.a.
Frequency of Interest Annual and Non Cumulative
Interest due dates 30th March every year
First Interest Payment date 30th 2017
Put option None
Call Option Only after completing 5 years.
Trustees Axis Trustee Services Limited
Credit Rating CARE AA dated 05th March 2016CRISIL AA/Negative dated 02nd March 2016
30/03/2016
31/03/2016
Perpetual instruments
March
333
lkj.kh Mh,Q & ikfjJfed ds fy, izdVhdj.k vko';d;rk,a----------------ykxw ugha ----------
lkj.kh Mh,Q &16 % bZfDoVh & cSafdax cqd fLFkfr;ksa ds fy, izdVhdj.k
15:
csly ij “kfjcSad d¢ ekLVj ifji= d¢ vuqlkj ;g lkj.kh �kjr esa dk;Zjr l�h futh ,oa fons'kh cSad¨a d¢ fy, gh ykxw gS A
cSaadksa }kjk fuos'k lafoHkkx ds oxhZdj.k] ewY;kadu vkSj ifjpkyu ij foosdiw.kZ ekun.Mksa ij Hkkjrh; fjtoZ cSad ds ekLVj ifji= ds vuqikyu esa [kjhn ds le; esa gh
fuos'kksa dks O;kikj ds fy, /kkfjr ¼,p,QVh½] fcØh ds fy, miyC/k¼,,Q,l½ vksj ifjiDork rd /kkfjr ¼,pVh,e½ ds :Ik esa oxhZÑr fd;k tkrk gSA NksVh vof/k esa gh
ewy :Ik ls fcØh ds fy, /kkfjr fuos'kksa dks ,p,QVh izfrHkwfr ds :Ik esa oxhZÑr fd;k tkrk gSaA HkkfjcSad ds fn'kkfunsZ'kksa ds vuqlkj ,slh ,p,QVh izfrHkwfr;ksa dks] tks 90
fnu dh vof/k ds fy, fcuk fcds jgrs gSa] ,,Q,l izfrHkwfr ds :i esa iqu% oxhZÑr fd;k tkrk gSaA ftu izfrHkwfr;ksa dks cSad ifjiDork rd /kkfjr djus dk bjknk j[krk
gS] mUgsa ,pVh,e laoxZ esa oxhZÑr fd;k tkrk gSA HkkfjcSad ds fn'kkfunsZ'kksa ds vuqlkj vuq"kafx;ksa @ la;qDr m|eksa dh bZfDoVh esa fuos'k dks ,,Q,l izfrHkwfr ds :Ik esa
oxhZÑr fd;k tkrk gSA vU; lHkh fuos'kksa dks ,,Q,l izfrHkwfr ds :Ik esa oxhZÑr fd;k tkrk gSA
,pVh,e loaxZ esa /kkfjr bZfDoVh fuos'kksa dks vtZu ykxr ij j[kk tkrk gSA cSafdax cgh ds varxZr bZfDoVh fuos'k] vuq"kafx;ksa vkSj lg;ksxh laLFkkvksa esa cSad ds fuos'k gSA
31-03-2016 rd cSafdax cgh ds varxZr bZfDoVh 'ks;jksa esa cgh ewY; #i, 923-64 fefy;u gSaA cSad us lesfdr ykHk @ gkfu ys[ksa esa ;k lesfdr rqyu&i= esa fdlh izdkj
dk ykHk ;k gkfu fd igpku ugha dh gSaA
vuq"kafx;ksa esa fuos'k dks lhbZVh 1] ,Vh 1 ls de fd;k x;k gS rFkk lg;ksxh laLFkkvksa dh fV;j AA iwath rFkk fuos'k dks 250 izfr'kr ij tksf[ke Hkkfjr fd;k x;k gSA
III
Lkkj.kh Mh,Q 17 & ys[kkafdr vkfLr;ksa dh rqyuk esa fyojst v ,DLikstj dneksa dh rqyuk dk lkjka'kuqikr
1 2039410.91
2
0.00
3
4 4274.33
5 3019.20
6
177407.12
7 (5623.70)
Ekn
fyojst ,DLikst+j
Ikzdkf'kr foRrh; fooj.k ds vuqlkj dqy lesfdr vkfLr;ka
cSafdax] foRrh;] chek ;k okf.kfT;d miØeksa esa fuos'k ds fy, lek;kstu ftUgsa ys[kkadu ds iz;kstuksa ds fy, lesfdr fd;kx;k gS ijarq fofu;ked lesdu ds nk;js ds ckgj gSA
Ikfjpkyuxr ys[kkadu <kaps ds vuq:Ik rqyu&i= esa igpkuh x;h izR;;h vkfLr;ksa ds fy, lek;kstu ijarq tks fyojst vuqikr,DLikst+j dne ds nk;js ls ckgj gSA
O;qRiUu foRrh; fy[krksa ds fy, lek;kstuA
izfrHkwfr;ksa ds foRrh;u ysunsuksa ds fy, lek;kstu ¼vFkkZr~ fjiks vkSj blh izdkj ds jf{kr _.k½
rqyu&i= ls ckgj dh enksa ds fy, lek;kstu ¼vFkkZr~ rqyu&i= ds ckgj dh ,DLikst+j jkf'k;ksa dk _.k&lerqY; jkf'k;ksa esaifjorZuA
vU; lek;kstu
8 2229735.25vuqikr
( )` fefy;u esa
Mh,Q & 18 fyojst lkekU; izdVhdj.k VsEIysVvuqikr
1 2045497.27
2 ) (462.66)
3 2045034.60
4 1935.46
5 2338.87
6
0
7 0
8 0
9 0
10 0
11 4274.33
en ekpZ 2016
rqyu&i= esa vkusokys ,DLikst+j lesfdr
O;qRiUu ,DLikst+j
rqyu&i= esa vkusokyh ensa ¼O;qRiUu vkSj ,l,QVh dks NksM+dj ijarq laikf'oZd dks 'kkfey djrs gq,½
¼csly AAA fV;j A iwath ds fu/kkZj.k esa vkfLr jkf'k;ka ?kVk;h x;h gSaA
dqy rqyu&i= esa vkusokyh ensa ¼O;qRiUu vkSj ,l,QVh dks NksM+dj½ ¼Åij 1 vkSj 2 dk ;ksx½
lHkh O;qRiUu ysunsuksa ls lacaf/kr iqu% LFkkiu ykxr ¼vFkkZr~ ik= udnh fofHkUurk ekftZu dks ?kVkus ds ckn½
lHkh O;qRiUu ysunsuksa ls lacaf/kr ih,QbZ ds fy, ,M&vkWu jkf'k;ka
ifjpkyuxr ys[kkadu <kaps ds vuqikyu esa rqyu&i= dh vkfLr;kas ls tgka dVkSrh dh xbZ gS] izko/kku fd, x,O;qRiUu laikf'oZd dh ldy jkf'kA
¼O;qRiUu ysunsuksa esa izko/kku fd, x, udnh fofHkUurk ekftZu ds fy, izkI; vkfLr;ksa dh dVkSrh½
¼xzkgd }kjk fDy;j fd, x, O;kikj ,DLikst+j esa NwV izkIr lhlhih ysx½
fyf[kr _.k O;qRiUu ds fy, lek;ksftr izHkkoh uke ek= jkf'kA
¼ fyf[kr _.k O;qRiUu ds fy, lek;ksftr izHkkoh uke ek= vkWQlsV vkSj ,M&vkWu dVkSfr;ka½
dqy O;qRiUu ,DLikst+j ¼Åij 4 ls 10 dk ;ksx½
( )` fefy;u esa
334
Table DF-15: Disclosure Requirements for Remuneration
----- Not applicable -----
Table DF-16: Equities-Disclosure for Banking Book Positions
As per RBI Master Circular on Basel III, this table is only applicable to all private sector and foreign banks operating in India.
Investments are classified at the time of purchase into Held for trade (HFT), Available for Sale (AFS) and Held to Maturity (HTM)
categories in line with the RBI master circular on Prudential Norms for classification, valuation and operation of investments portfolio
by Banks. Investments that are held principally for sale within a short period are classified as HFT securities. As per the RBI
guidelines, HFT securities, which remain unsold for a period of 90 days are reclassified asAFS securities. Investments that the Bank
intends to hold till maturity are classified under the HTM category. Investments in the equity of subsidiaries/joint ventures are
categorized as HTM in accordance with the RBI guidelines.All other investments are classified asAFS securities.
Equity investments under the HTM category are carried at acquisition cost. Equity investment under the banking book are the
Bank's investments in subsidiaries and associates. As on 31/03/2016, Book value of equity shares under Banking book is
923.64 million. The Bank has not recognised any gain or loss in the consolidated profit and loss account or consolidated balance
sheet.
Investments in subsidiaries are reduced from CET1,AT1 andTier II capital and investment in associates has been risk weighted at 250%.
`
Table DF 17- Summary comparison of accounting assets vs. leverage ratio exposure measure
1 Total consolidated assets as per published financial Statement 2039410.91
2 Adjustment for investments in banking, financial, insurance or commercial entities that are consolidated
for accounting purposes but outside the scope of regulatory consolidation 0.00
3 Adjustment for fiduciary assets recognized on the balance sheet pursuant to the operative accounting
framework but excluded from the leverage ratio exposure measure
4 Adjustments for derivative financial instruments 4274.33
5 Adjustment for securities financing transactions (i.e. repos and similar secured lending) 3019.20
6 Adjustment for off-balance sheet items (i.e. conversion to credit equivalent amounts of
off- balance sheet exposures) 177407.12
7 Other adjustments (5623.70)
Item
8 Leverage ratio exposure 2229735.25
( in Million)`
DF 18 – Leverage ratio common disclosure template
1 On-balance sheet items (excluding derivatives and SFTs, but including collateral) 2045497.27
2 (Asset amounts deducted in determining Basel III Tier 1 capital) (462.66)
3 Total on-balance sheet exposures (excluding derivatives and SFTs) (sum of lines 1 and 2) 2045034.60
4 Replacement cost associated with all derivatives transactions (i.e. net of eligible cash variation margin) 1935.46
5 Add-on amounts for PFE associated with all derivatives transactions 2338.87
6 Gross-up for derivatives collateral provided where deducted from the balance sheet assets pursuant
to the operative accounting framework 0
7 (Deductions of receivables assets for cash variation margin provided in derivatives transactions) 0
8 (Exempted CCP leg of client-cleared trade exposures) 0
9 Adjusted effective notional amount of written credit derivatives 0
10 (Adjusted effective notional offsets and add-on deductions for written credit derivatives) 0
11 Total derivative exposures (sum of lines 4 to 10) 4274.33
Item March 2016
On-balance sheet exposures Consolidated
Derivative exposures
( in Million)`
335
12 40019.10
13 (36999.90)
14 0
15 0
16 3019.20
17 405871.80
18 (228464.68)
19 177407.12
20 152948.85
21 2229735.25
22
izfrHkwfr;ksa ds foRrh;u laacaf/kr ysunsu ,DLikst+j
ldy ,l,QVh vkfLr;ka ¼usfVax dh igpku jfgr½] fcØh ys[kkadu ysunsuksa dk lek;kstu ds ckn½
¼ldy ,l,QVh vkfLr;ksa esa ns; udnh vkSj izkI; udnh dh fuoy jkf'k;ka½
,l,QVh vkfLr;ksa ds fy, lhlhvkj ,DLikst+j
,tsaV ysunsu ,DLikst+j
dqy izfrHkwfr foRrh;u ysunsu ,DLikst+j ¼12 ls 15 rd dh iafDr;ksa dk ;ksx½
ldy ukeek= jkf'k ij rqyu i= ls ckgj ds ,DLikst+j
¼+_.k lerqY; jkf'k;ksa esa ifjorZu gsrq lek;kstu½
rqyu&i= ls ckgj dh ensa ¼17 vkSj 18 dk ;ksx½
fV;j A iwath
dqy ,DLikst+j ¼iaDfr 3] 11] 16 vkSj 19 dk ;ksx½
6.86%
vU; rqyu&i= ls ckgj ds ,DLikst+j
iwath vkSj dqy ,DLikst+j
csly AAA fyojst vuqikr
rd dh iafDr;ksa
336
12 Gross SFT assets (with no recognition of netting), after adjusting for sale accounting transactions 40019.10
13 (Netted amounts of cash payables and cash receivables of gross SFT assets) (36999.90)
14 CCR exposure for SFT assets 0
15 Agent transaction exposures 0
16 Total securities financing transaction exposures (sum of lines 12 to 15) 3019.20
17 Off-balance sheet exposure at gross notional amount 405871.80
18 (Adjustments for conversion to credit equivalent amounts) (228464.68)
19 Off-balance sheet items (sum of lines 17 and 18) 177407.12
20 Tier 1 capital 152948.85
21 Total exposures (sum of lines 3, 11, 16 and 19) 2229735.25
22
Securities financing transaction exposures
Other off-balance sheet exposures
Capital and total exposures
Basel III leverage ratio 6.86%
337
338
NOTES
NOTES
339
340
NOTES
Go Green Drive – beginning of the -Indiaplantation of saplings by MD & CEO Shri. M.K. Jainrealizing the need of hour for Green Earth, the TeamIndian Bank planted 1.20 Lakh saplings through itsoffices / Zones / Branches
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109
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