AB Annual Report 2009 Colour Final Client Approved 20-06-09 Vap

ANNUAL REPORT 2008-2009
àËßÏß¾ßÐßæ½ßã / CONTENTS
±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍß~ Ðßë /
From the Chairman & Managing Director ......................................... 3
ËßßàÏßÃ~ Ðßß±ßßÀ¢ß ¹ßì×~ ~ã Ðßæ½ß²ßß /
Notice of Annual General Meeting .................................................... 7
à²ß§ëÍß~íëÝ ~ã àÀµßíëÖÃ / Directors Report ....................................................... 9
µßÆ¹ßÞ±ß²ß àËß½ßßÀ àËß¼ßÍßÃ ËßÞ àËßÍÉßëÏß¢ß /
Management Discussion and Analysis .............................................. 11
~ßµßíëÃÀëÖ ßËß²ßëÄÐß / Corporate Governance Report ..................................... 67
£ßäÉß²ß µß¥ß / Balance Sheet .................................................................... 110
Éßßºß Ëß Ñßà²ß ÉßëÛßß / Profit and Loss Account ....................................... 111
¼ßÑ£Ëßµßæ¢ßÃ ÉßëÛßß ²ßãà£ß¾ßíïÞ /Significant Accounting Policies ......................... 121
ÉßëÛßíëÝ µßÀ àÖµµßà¢ß¾ßíïÞ / Notes on Accounts ............................................... 127
ÉßëÛßß µßÀãß~íëÝ ~ã àÀµßíëÖÃ / Auditors Report ............................................. 157
²ß~§ã µßÆËßßÑ àËßËßÀ¢ß / Cash Flow Statement .......................................... 159
µßÆßà£ß ~ß àËßÑÞßßËßÉßíë~²ß/ Our Progress at a glance .................................. 161
¼ßäÛ¾ß à²ßÏµßß§²ß ²ßäµßß£ß / Key Performance Ratios ................................... 163
àËß§ëÍßã ¼ßä§Æß ¼ßëÝ ÐßÞàßµ£ß àËß££ßã¾ß àËßËßÀ¢ß
Abridged Financial Statements in Foreign Currency ..................... 165
ÍßßÛßßßëÝ ~ß ËßßãÃ~À¢ß - Ðß¼ßæÑËßßÀ - Ìß²ßÐßÞÛ¾ßß
Classification of Branches - Population Groupwise ....................... 166
²ßäÏßÞßã ÐßÞÐ¦ßßßëÝ ë~ àËß££ßã¾ß àËßËßÀ¢ß - ß²±Æßß ¹ßìÝ~ ¶~ß²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß àÉßà¼ßÖëÊ
Financial Statements of Subsidiary -
Andhra Bank Financial Services Limited ....................................... 167
ß²±ßÆß ¹ßìÝ~ ËßÞ Ðß~ã ²ßäÏßÞàß¾ßíëÝ ë~ Ðß¼ßëà~£ß àËß££ßã¾ß àËßËßÀ¢ß
Consolidated Financial Statements of
Andhra Bank and its Subsidiary ..................................................... 197
µßÆíî¬Ðßã ¶~ß¼ßÃ / Proxy Form ..................................................................... 231
µßàÐ¦ßà£ß µß½ßãÃ / µßÆËßëÍß µßßÐß / Attendance Slip / Entry Pass .................... 232
ÉßëÛßß µßÀãß~~ Auditors ÀàÌßÐÖÅßÀ Ëß Íßë¾ßÀ Þ£ßÀ¢ß ÌßëÖÝ

Ëßã. ë~ ÐßäÀß²ßß ÞÊ ~íë Registrar & Share Transfer Agent
V.K. Surana & Co.
¼ßëÐßÐßÃ ©¼ßÐßã©Ðß àÉßà¼ßÖëÊ (¾ßæà²ßÖ ß²±ßÆß ¹ßìÝ~)
²ßÞ§ã ÞÊ ÐßíëàÐß¾ßëÖòÐß
Nundi & Associates
~ßÍßãÀß¼ß Ìß¼ß²ßß§ßÐß à¹ßàÉÊÞß
~ß¾ßßÃÉß¾ß ÐßÞ 21/22, ºßæ£ßÉß
¹ßã.²ß. ë~àÊ¾ßß ÞÊ ~íë
B.N. Kedia & Co. 5, µßã Êã¼ßëÉßíë ÀíëÊ (³ßàÊ¾ßßÉß ßíë§ã)
ë~.ë~. ³ß ÞÊ ~íë ¼ßä¼¹ß¨Ã - 400 009
K.K. Ghei & Co. M/s. MCS Ltd. (Unit: Andhra Bank)
ë~.Ðß.Àß¼ßè~Ï¢ßß ÞÊ ~íë Kashiram Jamnadas Building
K.S. Ramakrishna & Co. Office No. 21/22 Ground Floor
Àß¼ß²ß ÐßíëàÐß¾ßëÖ 5, P. DMello Road, (Ghadiyal Godi)
Raman Associate
Mumbai - 400 009
1
àµßÆ¾ß Íßë¾ßÀ±ßßÀ~ßë, ßµßë~ ¹ßìÝ~ ë~ à²ß¾ßÝ¥ß~ ~ß¾ßßÃÉß¾ßßëÝ ~ã ÐßÝÛ¾ßß ¼ßßßÃ,08 ë~ Ý£ß £ß~ ~ã ÐßÝÛ¾ßß 16
ßµß Ðßºßã ßß²ß£ßë ÑìÝ à~ 1930 ~ã ºß¾ßß²ß~ Ðßë ¹ßñÜ~À ¹ß £ß~ 22 Ñßë ß¾ßã.
¼ßÝ§ã ë~ ¹ßß§ Ðßë ËßÏßÃ 2008-09 ~ ßÝºßãÀ ßä²ßßì£ßã ºßÀë Ðß¼ß¾ß ¼ßëÝ ºßã ßµßë~ ¹ßìÝ~ ²ßë ßáÐ£ß ßä¢ßËß¤ßß ~ßë ±¾ßß²ß ¼ßëÝ ÀÛß£ßë Ñä
¼ßÝ§ã ~ß ËßÏßÃ ÀÑß Ñì. ¹ßñÊëð ß~ßÀ ~ã ËßìàÎËß~ ~¢ß ¼ßëÝ 28.56% ~ã Ëßèà« ~ß Éß¾ß µßÆßµ£ß à~¾ßß Ñì. ëÐßã Ëßèà« £µßß§~ ßë¥ßßëÝ ~ßë
ÑáÐ£ß¾ßßÝ £¾ßà±ß~ ¤ßßëÉß²ß ë~ ~ßÀ¢ß ±ËßÐ£ß Ñßë àßÆ¼ß, è~àÏß, ~¢ß , Ðß ¼ß Ã ßìÀ ²¾ß Ûßää§Àß ~¢ßíëÝë ë~ °ßÀß ÑäÃ Ñì. ßä²ßßì£ßãµßæ¢ßÃ
ßÃ Ñì. àËßÎËß ë~ ë~§Æã¾ß ¹ßìÝ~ ¼ßÝ§ã Ðßë ¦ßÃ Ðß¼ß¾ß ~ã ¼ßßïßßëÝ ë~ ²ßäÂµß ¹ßìÝ~ ²ßë è~àÏß ~¢ß ¼ßß¶~ã / ÀßÑ£ß ¾ßßëß²ßß ~ßë ÍßãßÆ£ßß
Ë¾ßËßÐ¦ßß ~ßë ¹ßßÀ²ßë ë~ àÉß ¼ßßìà§Æ~ ²ßãà£ß ~ßë Ðßë ~ß¾ßßÃá²Ëß£ß à~¾ßß, Ðß ¼ß Ã ~ßë Ðßß±ßßÀ¢ß Íß£ßßëÄ µßÀ ßà¦ßÃ~ ÐßÑß¾ß£ßß µßÆ§ß²ß ~ã
ßÐßß²ß ~À²ßë ßìÀ µßÆºßßËßÍßßÉßã µßÆßë£ÐßßÑ²ß µßìë~ß ßëÀ Ðßºßã £ßÝßÑßÉß ßáÐ£ß¾ßßëÝ ~ß µßä²ßßÃ²ß à~¾ßß.
~ß ßÎÇßÆ¾ß Éßë ÀÑë ÑìÝ. ºßßÀ£ß ²ßë àÐß£ß¼¹ßÀ,2008 ßµßë~ ¹ßìÝ~ ²ßë àËßà²ß¾ßß¼ß~ßëÝ °ßÀß à²ß±ßßÃàÀ£ß Ðßºßã àËßà²ß¾ßß¼ß~ µßëßßßëÝ ~ß àËßËßë~µßæ¢ßÃ
£ß~ Ðßî~ ¼ßßëÃ~ ¼ßëÝ à²ßËßëÍß ~À²ßë ËßßÉßßëÝ ¼ßëÝ Ðßë ²ßäµßßÉß²ß à~¾ßß Ñì ßÑßï ~ÑãÝ ºßã ¹ßìÝ~ ~ß µß²ßß µßàÀßßÉß²ß ßë¥ß Ñì. 31 ¼ßß½ßÃ,2009
75% àËß§ëÍßã ÐßÝÐ¦ßßß£ß à²ßËßëÍß~ßëÝ ~ßë ÐËß§ëÍß Éßßì£ßë §ëÛßß Ñì. à²ß¾ßßÃ£ß ¼ßëÝ ~¼ßã ßÃ Ðßë ßµß~ß ¹ßìÝ~ ¹ßëÐßÉß-II ¼ßß²ß§ÞÊ ~ã ßëÀ ¼ßßßÆëÖ ~À ß¾ßß Ñì ßìÀ ºßßÀ£ßã¾ß àÀÌßËßÃ
ßìÀ ßà¦ßÃ~ ¼ßÝ§ã ë~ ~ßÀ¢ß ËßÏßÃ 2008-09 ë~ à²ß¾ßßÃ£ß Éß¾ß ~ßë µßÆßµ£ß ²ßÑãÝ à~¾ßß ¹ßìÝ~ ë~ 9% ¼ßß²ß§ÞÊ ë~ µßÆà£ß 13.22% ~ã µß¾ßßÃµ£ß µßæïÞÌßã µß¾ßßÃµ£ß£ßß ²ßäµßß£ß ÀÛß£ßß
ßß Ðß~ß. Ñì.
ßà¦ßÃ~ ¼ßÝ§ã ~ßë ±¾ßß²ß ¼ßëÝ ÀÛß£ßë Ñä à±ß~ßÝÍß §ëÍßã ßìÀ ¹ßÑäÀßÏÅã¾ß ßëÝâÐß¾ßßëÝ ßµßë~ ¹ßìÝ~ ²ßë 85 ËßÏßÃ µßæÀë à~¾ßë ÑìÝ ßìÀ 20 à¼ßàÉß¾ß²ß ßÆßÑ~ßëÝ ë~ Ðßß¦ß ¹ßìÝâ~ß ~À£ßë
°ßÀß ºßßÀ£ß ~ã ßã Êã µßã Ëßèà« ~¼ß ~À ßÝ~ß ß¾ßß Ñì. ßßÉßæ àËß¤ßã¾ß ¼ßÝ§ã ²ßë ¹ßìÝ~ Ñä µß²ßß Ðßä²ßß¼ß àßÃ£ß ~À ~Ã µßÉßá¹±ß¾ßßÝ ÑßàÐßÉß ~ãÝ ²ß Ðß¹ßë~ ÉßßËßß
~¢ß ¼ßëÝ Ëßèà« §À ~¼ß ~À §ã. ËßÏßÃ 2009 ë~ àÉß ¹ßìÝ~ ~¢ß ~ã Ëßèà« 17.3% ßµß~ß ¹ßìÝ~ àºßºßßËßã àÐß«ßÝ£ßßëÝ ~ß ²ßäµßßÉß²ß ~À ÀÑß Ñì à~ ßÆßÑ~ ¹ßìÝ~ ë~ Ðßß¦ß
ÀÑß ß¹ßà~ àËß¤ßã¾ß ËßÏßÃ 2007-08 ¼ßëÝ ËßÏßßÃ²ßäËßÏßÃ Ëßèà« 22.3% ¦ßß. £ß¦ßßàµß µß²ßß ÐßÝ¹ßÝ±ß ¹ß²ßß~À Ñ¼ßëÍßß Éßßºßßá²Ëß£ß ÑßëÝ. ~ßëÀ ¹ßìÝâ~ß ÐßßëÉ¾ßäÍß²ß à²ßÍß¾ß Ñã
17.3% ËßÏßßÃ²ßäËßÏßÃ ~¢ß Ëßèà« ~ã £ßäÉß²ßß ¼ßëÝ Ðßºßã Ëßßà¢ßá¾ß~ ¹ßìÝ~ßëÝ ~ã ß¼ßßßëÝ ¼ßëÝ ßÆßÑ~ßëÝ ~ßë ~Ã ßìÀ ¼ßæÉ¾ß Ëßà±ßÃ£ß £ß~²ßã~ã £µßß§ µßÆ§ß²ß ~À²ßë ¼ßëÝ ¼ßßßÃ µßÆÍßÐ£ß
19.8% Ëßèà« §À §ÍßßÃ Ñì. ¼ßßïß ß¼ßßßëÝ ¼ßëÝ ~¼ßã §ëÛßã ßÃ, ¼ßã¾ßß§ã ß¼ßßßëÝ ²ßë ~Àëßß.
ã Ëßèà« §ÍßßÃÃ. ËßÏßÃ 2008-09 ë~ §ßìÀß²ß ßµßë~ ¹ßìÝ~ ²ßë µßÆ¼ßäÛß Ë¾ßßËßÐßßà¾ß~ µßìÀß¼ßãÀßëÝ ¼ßëÝ Ðßä§èñÜ
ÑßÉßßÞà~ Ñ¼ßßÀã ¦ßÃË¾ßËßÐ¦ßß ~ã ÐßÞºßßàËß£ß Ëßèà« §À ~íë ~¨Ã ÌßëÝàÐß¾ßíëÝ °ßÀß ÐßÞÍßíëà±ß£ß Ëßèà« §ÍßßÃÃ Ñì. ¼ßìÝ 31 ¼ßßßÃ,2009 ~ßë Ðß¼ßßµ£ß Ñä ËßÏßÃ ¼ßëÝ ¹ßìÝ~ ë~ ~ß¾ßÃà²ßÏµßß§²ß
~À ~¼ß à~¾ßß ß¾ßß, Ñ¼ßßÀë àËßà²ß¾ßß¼ß~íëÝ °ßÀß àËßËßë~µßæ¢ßÃ ¼ßß²ß§ÞÊ ÀÛßë Ìßß²ßë ë~ ~ã ¼ßäÛ¾ß ¹ßß£ßßëÝ ~ßë ßµßë~ ¹ßãß ÀÛß²ßß ßßÑ£ßß Ñæï.
~ßÀ¢ß Ñ¼ßßÀë ¹ßìÝâ~ß £ßÞ¥ß ²ßë ËßìàÍËß~ ßà¦ßÃ~ ¼ßÞ§ã ë~ ¹ßã½ß ºßã Ðß¼ßä£¦ßß²ß µßÆ§àÍßÃ£ß I. £ßäÉß²ß µß¥ß ~ã §èð£ßß
à~¾ßß.
1. ä~Éß Ë¾ßËßÐßß¾ß 31.03.2008 ë~ Á.83,993 ~ÀíëñÊ Ðßë ¹ßñÜ~À 23.60%
Ðß µßÆ~ßÀ ë~ àËß~ßÐßßëÝ ~ã µßèÏºßæà¼ß ¼ßëÝ Ñ¼ß 31.03.2009 ~ßë Ðß¼ßßµ£ß àËß¤ßã¾ß Ëßèà« ë~ Ðßß¦ß 31.03.2009 ~ßë Á.1,03,818 ~ÀíëñÊ Ñßë ß¾ßß.
ËßÏßÃ ë~ àÉß ßµßë~ Ðß¼ßß ßµßë~ ¹ßìÝ~ ~ã à²ß§ëÍß~ßëÝ ~ã àÀµßßëÃ µßÆÐ£ßä£ß ~À£ßß Ñæï.
2. ß¼ßß àµßÉßë ËßÏßÃ ë~ Á.49,437 ~ÀíëñÊ Ðßë 20.13% ~ã Ëßèà« ë~ Ðßß¦ß
¹ßìÝ~ ¼ßëÝ ßà£ß §ßë ~ßÀ¢ßßëÝ Ðßë àËß¤ßã¾ß ËßÏßÃ 2008-09 Ñ¼ßßÀë àÉß¾ßë ~ß¶~ã ¼ßÑ£Ëßµßæ¢ßÃ Á.59390 ~ÀíëñÊ Ñßë ß¾ßß.
¦ßß. µßÑÉßß ~ßÀ¢ß Ñì ¹ßìÝ~ °ßÀß ä~Éß Ë¾ßËßÐßß¾ß Á.1 ÉßßÛß ~ÀíëñÊ Ðßë à±ß~ ~ã µßÆßáµ£ß
3. Éµß Éßßß£ß ß¼ßßÝ (~ßÐßß) Á.16,594 ~ÀíëñÊ Ðßë 12.41% ~ã Ëßèà« ë~
ßìÀ §æÐßÀß Ðß¹ßÐßë ~¼ß Ðß¼ß¾ß ¼ßëÝ 100% ÍßßÛßßßëÝ ~ßë ~ßëÀ ¹ßìÝâ~ß ÐßíëÉ¾ßäÍß²ß ë~
Ðßß¦ß Á.18,653 ~ÀíëñÊ Ñßë ß¾ßß. ä~Éß Ìß¼ßßßëÝ ¼ßëÝ ½ßßÉßæ ßìÀ ¹ß½ß£ß Ûßß£ßíëÝ
Ý£ßßÃ£ß Éßß²ßß.
(~ßÐßß) ~ß 31.41% ÀÑß.
¹ß Ðßºßã ÍßßÛßßÝ Ðßã ¹ßã Ðß µÉßë¶~ßî¼ßÃ µßÀ ~ß¼ß ~À ÀÑã ÑìÝ , ßµß~ß ¹ßìÝ~ ¹ß
4. Ðß~Éß ¹ßìÝ~ ~¢ß 28.56% ~ã Ëßèà« ë~ Ðßß¦ß 31.03.2009 ~ßë Á.44,428
ßÆßÑ~ßëÝ ~ßë ²ß~ã ÐßÝ£ßäáÏ ßìÀ ÐßäàËß±ßß ë~ ²ßäÐßßÀ ²ß £µßß§ ßìÀ ÐßëËßßÝ §ë²ßë ë~ ~ÀíëñÊ Ñßë ß¾ßß ß¹ßà~ ¼ßßßÃ,2008 ë~ Ý£ß £ß~ Á.34,557 ~ÀíëñÊ ¦ßß.
àÉß £ßì¾ßßÀ Ñì. ¹ßìÝ~ ßî²ß Éßß²ß ÐßëËßß µßÆ§ß²ß ~À²ßë ë~ àÉß µß²ßë £µßß§ßëÝ ßìÀ
µßÆàÆ~¾ßßßëÝ ~ß µßä²ßó à²ßÀãß¢ß ~À ÀÑß Ñì. ÑßÉß Ñã ¼ßëÝ µßÆßÀÝºß à~¾ßë ß¾ßë Ðß ¼ß 5. ¼ßßßÃ,2008 ë~ Ý£ß ¼ßëÝ 70.07% ~ã £ßäÉß²ßß ¼ßëÝ ~¢ß ß¼ßß ²ßäµßß£ß
ÉßòÐßÃ, ÝÀ²ßë ¹ßìÝâ~ß ßìÀ £ß£~ßÉß Êëëà¹ß ~ßÊÃ ßßÀã ~À²ßß ²ßë ÉÉßëÛßß²ßã¾ß µßÆßà£ß ¼ßßßÃ,2009 ë~ Ý£ß £ß~ ¹ßñÜ~À 75.04% Ñßë ß¾ßß .
§ÍßßÃÃ Ñì. ¹ßìÝ~ ë~ µßßÐß ÍßãßÆ Ñã ßìÀ ºßã ~Ã £ß~²ßã~ã ß±ßßàÀ£ß £µßß§ßëÝ ~ßë Éßßßæ 6. 12.46% Ëßèà« ë~ Ðßß¦ß µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß ~ßë àßÆ¼ß Á.13,298
~À²ßë ~ã ¾ßßëß²ßß Ñì. ²ß ßÀ ßÃ ßÆßÑ~ßëÝ ~ßë ¹ßìÝ~ ë~ ÐßÝµßÃ~ ¼ßëÝ Éßß²ßë ë~ àÉß Ñ¼ß ~ÀíëñÊ Ðßë ¹ßñÜ~À Á.14,955 ~ÀíëñÊ Ñßë ß¾ßß. µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß ~ß
µßÆà£ßÐµß±ßßÃ£¼ß~ ßßßÃ µßÀ ²ßÃ ±ß²ßµßÆëÏß¢ß ÐßäàËß±ßß Éßßßæ ~À²ßë ßß ÀÑë ÑìÝ. ¹ßìÝ~ ë~ µßßÐß àßÆ¼ß ºßßÀ£ßã¾ß àÀßËßÃ ¹ßìÝ~ ë~ 40% ë~ ¼ßß²ß§ÝÊ ë~ µßÆà£ß Ðß¼ßß¾ßßëàß£ß
¤ßÀ µßæÀ¹ß ßìÀ §ëÍß ë~ µßæËßãÃ ºßßßßëÝ ¼ßëÝ Ðßºßã ÐßÝºßßàËß£ß Ë¾ßßËßÐßßà¾ß~ ë~§ÆßëÝ ¼ßëÝ µß²ßã à²ßËßÉß ¹ßìÝ~ ~¢ß ~ß 43.28% Ñì.
ÍßßÛßßÝ ÛßíëëÉß~À µßì²ß ÝàÊ¾ßß ¹ßìÝ~ Ñßë²ßë ~ã ¼ßÑ£Ëßß~ßÝßã àËßÐ£ßßÀ ¾ßßëß²ßß Ñì. ¹ßìÝ~ ËßÏßÃ 7. è~àÏß ~¢ß ÀßÑ£ß /è~àÏß ¼ßß¶~ã ¾ßßëß²ßß,2008 Ý£ßßÃ£ß Á.746 ~ÀßëñÊ ë~
2009-10 ë~ §ßìÀß²ß µßæÀë ºßßÀ£ß ¼ßëÝ 121 ÍßßÛßßÝ ÛßßëÉß²ßë ~ß Àß§ß ÀÛß£ßß Ñì. è~àÏß ~¢ß ~ßë ¼ßß¶~ ~À²ßë ßìÀ Ðßë àßÆ¼ßßëÝ ë~ Ðßß¼ßß²¾ß ÎÇíë¢ßã ¼ßëÝ Ý£ßàÀ£ß
ßµßë~ ¹ßìÝ~ ²ßë à²ß¢ßÃ¾ß Éßë²ßë ¼ßëÝ Éßß²ßë ËßßÉßë Ðß¼ß¾ß ~ßë ~¼ß ~À²ßë ë~ àÉß 6 ²ß ~À²ßë ë~ ¹ßßËßßæ§ è~àÏß ~¢ß Á.6,156 ~ÀíëñÊ Ðßë ¹ßñÜ~À Á.6,834 ~ÀíëñÊ
ßÝßàÉß~ ~ß¾ßßÃÉß¾ßßëÝ ~ßë Ð¦ßßàµß£ß ~À ßÆßÑ~ßëÝ ë~ à²ß~ Ðß¼µßÃ~ ¼ßëÝ ßß²ßë ë~ àÉß ÀÑß. è~àÏß ~¢ß ºßßÀ£ßã¾ß àÀßËßÃ ¹ßìÝ~ ë~ 18% ë~ ¼ßß²ß§ÝÊ ë~ àËßÂ«
µßÆÍßßÐßà²ß~ ¼ßÍßã²ßÀã ~ßë ßßë ¹ßðß¾ßß Ñì. 6 ²ß¾ßë ßÝßàÉß~ ~ß¾ßßÃÉß¾ßßëÝ ë~ ¹ßð²ßë Ðßë Ðß¼ßß¾ßßëàß£ß à²ßËßÉß ¹ßìÝ~ ~¢ß ~ß 19.78% Ñì.
2
Dear Shareholders, establishing 6 new Zonal Offices to reduce the turnaround

The year 2008-09, as all of you time for decision making. With the addition of 6 new Zonal
know, has witnessed one of the Offices, the total number of Controlling Offices of your Bank
deepest recessions since the has increased from 16 as at the end of Mar 08 to 22 as of
Great Depression of the 1930. now.
Globally, entities, which were very Even under challenging times, your Bank achieved a robust
big in size have collapsed due to growth of 28.56% in credit without losing focus on asset
excessive leveraging. Central quality. Such growth has come through advances to
Banks across the world have been productive sectors, agriculture lending, SMEs and other retail
resorting to monetary easing and credit. In tune with the demands of challenging times, the
massive stimulus packages to Bank has responded quickly to agriculture debt waiver & relief
salvage the economies from schemes, provided assistance to SMEs on soft terms and
recession. India also witnessed a restructured all stressed assets.
flight of Foreign Institutional Investors from the stock markets Your Bank has prudently complied with all the regulatory
with 75% of investments made till September08 being requirements set out by regulators where the Bank has its
repatriated. Exports have seen a slowdown and the 2008- sphere of operations. With effect from March 31, 2009, your
09 export target could not be met due to the economic Bank migrated to Basel-II norms and has a comfortable
slowdown. Capital Adequacy Ratio of 13.22%, well above the RBI norm
GDP growth estimates for India are pared down by most of 9%.
domestic and multilateral agencies in view of the slowdown. Your Bank has now completed 85 years of fruitful existence
The current financial meltdown has led to lower growth in and achieved many a milestone, earning the goodwill of 20
Bank Credit. Bank Credit growth for FY09 was 17.3% y-o-y million customers banking with it.
as against 22.3% y-o-y growth witnessed in the financial year Behind all value additions, your Bank has been following the
2007-08. However, deposits have shown a higher y-o-y overriding principle that customer should always benefit from
growth rate of 19.8% for All Scheduled Commercial Banks the relationship with the Bank. Migration to Core Banking
compared to 17.3% y-o-y growth in credit. While demand Solution will definitely pave the way for the Bank to offer
deposits have seen a slowdown, time deposits have shown many more value added Tech Savvy Products to the
a good increase. customers.
Though the growth outlook of our economy was revised During the year 2008-09, your Bank has reported a healthy
downwards by many agencies, our Banking system has growth in major business parameters. I would like to share
displayed resilience even in the midst of the global financial with you, the performance highlights of the Bank for the year
crisis due to the prudent regulatory systems put in place by ended 31st March 09.
our regulators.
I. Balance Sheet Strength
It is in the background of these developments that we present 1. Total Business increased by 23.60% to reach
to you the Directors Report of your Bank for the financial Rs.1,03,818 crore as on 31.3.09 from Rs.83,993 crore
year ended March 31, 2009. as on 31.03.08
The FY 2008-09 was an important year for us for two events 2. Deposits increased by 20.13% and stood at Rs.59,390
that happened in your Bank. The first one is the Banks crore against Rs.49,437 crore in the previous year
achievement of surpassing the coveted land mark of Rs.1 3. Low-cost deposits (CASA) have gone up by 12.41% to
lakh crore in Total Business and the second is bringing 100% reach Rs.18,653 crore from Rs.16,594 crore. The share
of branches under Core Banking platform in the shortest of CASA in total deposits stood at 31.41%
time. 4. Gross Bank Credit increased by 28.56% to Rs.44,428
With all branches now on CBS platform, your Bank is now crore as on 31.3.09 from Rs.34,557 crore, as at the
poised to provide customers a new range of products and end of Mar 08.
services for their satisfaction and convenience. The Bank is 5. Credit-Deposit ratio improved to 75.04% as at the end
revisiting the products and processes to make the services of Mar09 compared to 70.07% as at the end of Mar08.
available online. SMS Alerts, Internet Banking and issuance 6. Priority sector advances have gone up by 12.46% to
of Instant Debit Cards introduced recently have found Rs. 14,955 crore from Rs.13,298 crore. Priority Sector
remarkable response. The Bank has plans to introduce many advances constituted 43.28% of Adjusted Net Bank
more technology driven products shortly. In order to take the Credit (ANBC) against the RBI norm of 40%.
Bank closer to NRI customers, your Bank is introducing a 7. Agriculture advances increased to Rs. 6,834 crore from
new remittance facility at competitive charges. Rs.6,156 crore, despite Rs.746 crore of Agricultural
The Bank has ambitious expansion plans to become a pan- advances waived under Agricultural Debt Waiver and
Indian bank by increasing its presence in all potential business Debt Relief Scheme-2008 and transferred to general
centers in North, West and Eastern parts of the country. The category advances. Agriculture advances constituted
Bank intends to open 121 new branches across the country 19.78% of Adjusted Net Bank Credit against RBI norm
during 2009-10. Your Bank has also embarked upon moving of 18%.
the administrative machinery closer to the customers by
3
8. ¹ßìÝ~ ²ßë ¼ß Ðß ¼ß Ã ßë¥ß ~ßë ~¢ß §ë²ßë ¼ßëÝ £¾ßà±ß~ ¼ßÑ£Ëß à§¾ßß Ñì. 25. à²ßËßëÍß Ðßë ß¾ß 31.03.2009 ~ßë Á.1099 ~ÀíëñÊ ÀÑß.
¼ßßÆ~ßë, Éßßä ËßÝ ¼ß±¾ß¼ß ®¼ßßëÝ ë~ ~¢ß ¼ßßßÃ,08 ë~ Ý£ß £ß~ ë~ ~¢ß 26. ÍßäÉ~ ß±ßßàÀ£ß ß¾ß 31.03.2009 ~ßë Á.80 ~ÀíëñÊ ¦ßß.
Á.3,989 ~ÀíëñÊ Ðßë ¹ßñÜ~À 34.29% Ëßèà« ë~ Ðßß¦ß ¼ßßßÃ,09 ë~ Ý£ß
IV. ÉßßºßßÝÍß
¼ßëÝ Á.5,357 ~ÀíëñÊ ÀÑß.
27. ¹ßßëÊÃ ë~ à²ß§ëÍß~ ¼ßÝÊÉß ²ßë ËßÏßÃ 2008-09 ë~ àÉß 45% ÉßßºßßÝÍß ~ã
9. Ûßä§Àß ~¢ß à§²ßßÝ~ 31.03.2009 ~ßë Á.6,042 ~ÀíëñÊ ÀÑß.
àÐß¶~ßàÀÍß ~ã Ñì.
10. ¹ßìÝ~ ²ßë àµßÉßë ËßÏßÃ ë~ Á.1,995 ~ÀíëñÊ ë~ µßÆà£ß 31.03.2009 ~ßë
Ðß¼ßßµ£ß àËß¤ßã¾ß ËßÏßÃ ¼ßëÝ Á.2,232 ~ÀíëñÊ ~ß ßËßßÐß ~¢ß (µßÆ£¾ßß àËß¤ß) V. àÊàÉßËßàÀ ßì²ßÉÐß
à§¾ßß. 28. ßµßë~ ¹ßìÝ~ ë~ àÊàÉßËßàÀ ßì²ßÉÐß ¼ßßßÃ, 2009 ë~ Ý£ß £ß~ ¹ßñÜ~À 2248
11. Íßìàß~ ~¢ß ÐßÝºßßß ¼ßëÝ 23.91% ~ã Ëßèà« §ßÃ ~À ¼ßßßÃ 2008 ë~ Ý£ß Ñßë ß ¦ßßÃ£ß ËßÏßÃ ë~ §ßìÀß²ß 120 à£ßàÀ àÊàÉßËßàÀ ßì²ßÉÐß ~ã Ëßèà«
ë~ Á.1,167 ~ÀíëñÊ ~ã £ßäÉß²ßß ¼ßëÝ ¼ßßßÃ,2009 ~ßë Á.1,446 ~ÀíëñÊ ÑäÃ.
ÀÑß. 29. ä~Éß ÍßßÛßßÝ ¼ßßßÃ 2008 ë~1366 Ðßë ¹ßñÜ~À ¼ßßßÃ,2009 ë~ Ý£ß £ß~
12. µßæïßã ßìÀ µßÆßÀàß£ßã ¼ßëÝ 12.25% ~ã Ëßèà« ë~ Ðßß¦ß Á.3,647 ~ÀíëñÊ Ñßë 1432 Ñßë ßÃÝ.
ß¾ßß. 30. 31.03.2009 ë~ ß±ßßÀ µßÀ ²¾ß àÊàÉßËßàÀ ßì²ßÉßßëÝ ¼ßëÝ 726 ã ¼ß,
13. µßÆà£ß Íßë¾ßÀ ßÃ²ß ¹ßñÜ~À Á.11.87 Ðßë Á.13.46 Ñßë ß¾ßß ß¹ßà~ µßÆà£ß 52 àËßÐ£ßßÀ ~ßÝÀ ßìÀ 38 ÐßìëÉßß ~ß¾ßßÃÉß¾ß ÑìÝ.
Íßë¾ßÀ ¹ßÑã ¼ßæÉ¾ß Á.67.00 Ðßë ¹ßð~À Á.75.20 Ñßë ß¾ßß. VI. àËß§ëÍßßëÝ ¼ßëÝ àËß®¼ßß²ß£ßß
II. ßÃ²ß ßà£ß¼ßß¥ßß 31. ¹ßìÝ~ ²ßë 22.11.2008 ~ßë ²¾ßæ ßÀÐßã ¼ßëÝ µßÆà£ßà²ßà±ß ~ß¾ßßÃÉß¾ß ÛßßëÉßß. ¹ßìÝ~
14. ¼ßßßÃ,2008 ë~ Ý£ß ë~ Á.576 ~ÀíëñÊ ~ã £ßäÉß²ßß ¼ßëÝ ¼ßßßÃ,2009 ~ßë ~ß ~ µßÆà£ßà²ßà±ß ~ß¾ßßÃÉß¾ß µßÑÉßë Ðßë Ñã ¼ßÃ,2006 Ðßë §ä¹ßÃ ¼ßëÝ ~ß¼ß ~À
àßÃ£ß à²ßËßÉß Éßßºß Á.653 ~ÀíëñÊ ÀÑß. ÀÑß Ñì.
15. µßàÀßßÉß²ß Éßßºß 31.03.2008 ë~ Á.1,057 ~ÀíëñÊ Ðßë ¹ßñÜ~À VII.À¢ß²ßãà£ß~ µßÑÉß
31.03.2009 ~ßë Á.1,288 ~ÀíëñÊ Ñßë ß¾ßß. 32. ßìÐßß à~ µßÆßÀÝºß ¼ßëÝ ¹ß£ßß¾ßß ß¾ßß Ñì ßµßë~ ¹ßìÝ~ ²ßë Ðßºßã 1432 ÍßßÛßßßëÝ
16. Éßßß£ß ß¾ß ²ßäµßß£ß 46.16% ÀÑß ßßë àµßÉßë ËßÏßÃ Ðßë 8 ¹ßëàÐßÐß µËßßÝ ¼ßëÝ ~ßëÀ ¹ßìÝâ~ß ÐßßëÉ¾ßæÍß²ß ~ßë ~ß¾ßßÃá²Ëß£ß à~¾ßß Ñì.
à±ß~ Ñì. 33. ¹ßìÝ~ ²ßë ßãËß²ß ¹ßã¼ßß Ë¾ßËßÐßß¾ß ¼ßëÝ ¹ßìÝ~ ßî¶~ ¹ßÊðßì§ß ßìÀ ÉßãßÉß ÝÊ ß²ßÀÉß
17. à²ßËßÉß ¼ßßàßÃ²ß ß¾ß àµßÉßë ËßÏßÃ ë~ 3.00% ë~ µßÆà£ß ¼ßßßÃ,2009 ë~ Ý£ß µßãÉßÐßã ßî¶~ ¾ßæ.ë~. ë~ Ðßß¦ß ÐßÝ¾ßä ®¼ß ¼ßëÝ µßÆËßëÍß à~¾ßß Ñì.
¼ßëÝ 3.03% ÀÑß. 34. ¹ßìÝ~ ²ßë ß²ßËßÀã, 2009 Ðßë Ðßßë²ßë ë~ àÐßòë~ ~ã Ûßä§Àß à¹ßÆ~ã ~ßë µßÆßÀÝºß à~¾ßß
18. ßáÐ£ß¾ßßëÝ µßÀ µßÆà£ß¶~Éß 1.09% ¦ßß. Ñì .
19. ßµßë~ ¹ßìÝ~ ²ßë à§Ðß¼¹ßÀ,2008 ¼ßëÝ Á.200 ~ÀíëñÊ ë~ µßÀµßëßäÉß Êëë¹ ¹ßßÝÊ 35. ¹ßìÝ~ ²ßë ¼¾ßä¾ßäÉß ¶Ý~Ê £µßß§ßëÝ ë~ àËß£ßÀ¢ß Ñë£ßä ¼¾ßä¾ßäÉß ¶Ý~ÊßëÝ ë~ Ðßß¦ß
( ã¾ßÀ-I ì~àµßÉß ¶Ý~Ê) ßìÀ ¼ßßßÃ,2009 ¼ßëÝ Á.200 ~ÀíëñÊ ~ß µßÀ Ðß¼ßßßì£ßß ßßµß²ß (¼ß ßë ¾ßæ) à~¾ßß Ñì.
ã¾ßÀ-II ì~àµßÉß ¶Ý~Ê µßÆÐ£ßä£ß à~¾ßß. ²ß ì~àµßÉß ¶Ý~ÊíëÝë ë~ à£ßàÀ
36. ¹ßìÝ~ ²ßë ßÆßÑ~ßëÝ ~ã ÐßäàËß±ßßßëÝ ¼ßëÝ Ëßèà« ë~ àÉß ÝÀ²ßë ¹ßìÝâ~ß ßìÀ Ðß ¼ß
àÐß£ß¼¹ßÀ,2008 ¼ßëÝ Á.600 ~ÀíëñÊ ë~ Ðß¹ßßîàÊÃ²ßëëÊ Êë¹ ì~àµßÉß ( ã¾ßÀ-
Ðß ÉßÃ µßÆßÀÝºß à~¾ßß Ñì.
II) ~ßë ºßã ßßÑß. µß¾ßäÃ Ðßºßã ~§¼ß ßµßë~ ¹ßìÝ~ ~ßë ¼ßßßÃ,08 ë~
11.61% ë~ µßÆà£ß ¼ßßßÃ,09 ~ã Ðß¼ßßáµ£ß µßÀ 13.22% ~ã µßæÝßã µß¾ßßÃµ£ß£ßß ßµß~ß ¹ßìÝ~ 31.03.2009 Ðßë ¹ßëÐßÉß-II ¼ßß²ß§ÝÊßëÝ ~ã ßëÀ ¼ßßßÆë à~¾ßß Ñì. ¹ßìÝ~
²ßäµßß£ß ~ßë µßÆßµ£ß ~À²ßë ¼ßëÝ Ðß¼ß¦ßÃ ¹ß²ßß¾ßß. ë~ µßßÐß Ðß¼ßäàß£ß µßæïßã µß¾ßßÃµ£ß£ßß ²ßäµßß£ß Ñì ßìÀ ÐßÝ£ßäàÉß£ß ßßëàÛß¼ß µßÆ¹ßÝ±ß²ß µßÆ¢ßßÉßã
20. ßìÐß£ß à²ßËßÉß ¼ßßàÉß¾ß£ß µßÀ µßÆà£ß¶~Éß àµß¿Éßë ËßÏßÃ ë~ 17.97% Ðßë ¹ßñÜ~À Ñì. ßßëàÛß¼ß µßÆ¹ßÝ±ß²ß ë~ à£ßàÀ ÐËßÐ¦ß ßáÐ£ß ßä¢ßËß¤ßß ~ßë ¹ß²ßß¾ßë ÀÛß²ßë ë~ àÉß
18.94% Ñßë ß¾ßß. ~¢ß ë~ ²ßä¼ßßë§²ß, ¼ßÝßæÀã ßìÀ à²ßßÀß²ßã ë~ àÉß µß¾ßä £ßÝ¥ß Ñì.
21. ßµß~ß ¹ßìÝ~ Ðß~Éß àßÆ¼ß ²ßäµßß£ß ~ß ~¼ß Ð£ßÀ ~ß Ðß~Éß ²ß µßã ÀÛß ßµß~ß ¹ßìÝ~ µß²ßë Ðßºßã µß¢ß±ßßàÀ¾ßßëÝ ë~ µßÆà£ß µßÆà£ß¹ß« Ñì. µß¢ß±ßßàÀ¾ßßëÝ ë~ à²ßÀÝ£ßÀ
ÀÑß Ñì. ¾ßÑ ²ßäµßß£ß àµßÉßë ËßÏßÃ ë~ 1.07% Ðßë ~¼ß Ñßë~À ¼ßßßÃ,2009 Ðß¼ß¦ßÃ²ß ²ßë ßµßë~ ¹ßìÝ~ ~ßë Ðß Ð£ßÀ £ß~ µßÑäïßß¾ßß Ñì ßìÀ ßßë ~ã Ëßà±ß ¼ßëÝ ºßã
ë~ Ý£ß ¼ßëÝ 0.83% ÀÑ ß¾ßß Ñì. Ðßã µßÆ~ßÀ à²ßËßÉß àßÆ¼ß ²ßäµßß£ß ~ß ²ßÐßë Ðßã µßÆ~ßÀ ë~ ¼ßæÉ¾ßËßß²ß Ðß¼ß¦ßÃ²ß ~ã ßÍßß ~À£ßß Ñì.
à²ßËßÉß ²ß µßã ºßã ~¼ß Ñßë~À 0.18% ÀÑß. ¼ßìÝ µß²ßë Ðßºßã Íßë¾ßÀ±ßßÀ~ßëÝ, ßÆßÑ~ßëÝ, àËßà²ß¾ßß¼ß~ßëÝ, ¹ßìÝ~ ë~ ~¼ßÃßßàÀ¾ßßëÝ ßìÀ Ðßºßã
22. ¼ßßßÃ,2009 ~ã Ðß¼ßßàµ£ß µßÀ ²ß µßã ~ËßÀëß ²ßäµßß£ß 81.49% ÀÑß. ÐßÝ¹ßÝà±ß£ßßëÝ ë~ µßÆà£ß ßºßßÀ µßÆ~ ~À£ßß Ñæï àß²ßë~ ÐßÑ¾ßßëß ßìÀ Ðß¼ß¦ßÃ²ß Ðßë ¹ßìÝ~ ËßÏßÃ
III. ß¾ß ËßÝ Ë¾ß¾ß µßÆà£ß ËßÏßÃ ß ~ß¾ßÃà²ßÏµßß§²ß ~À²ßë ¼ßëÝ Ðß¼ß¦ßÃ ÀÑß Ñì.
23. ä~Éß ß¾ß ¼ßëÝ 26.96% ~ã Ëßèà« ë~ Ðßß¦ß àµßÉßë ËßÏßÃ ë~ Á.4836 ~ÀßëñÊð Íßäºß ~ß¼ß²ßßßëÝ ë~ Ðßß¦ß,
Ðßë ¹ßñÜ~À Á.6,140 ~ÀíëñÊ Ñßë ß¾ßß. ßµß~ß
24. ¹¾ßßß ß¾ß ¼ßëÝ 27.68% ~ã Ëßèà« ë~ Ðßß¦ß Á.4,210 ~ÀíëñÊ Ðßë ¹ßñÜ~À Ñì§Àß¹ßß§ (ßÀ. Ðß. ÀëÊòÊã)
Á.5,375 ~ÀßëñÊð Ñßë ß¾ßß ß¹ßà~ ßìÀ-¹¾ßßß ß¾ß ¼ßëÝ 22.17% ~ã Ëßèà« 8.5.2009 ±¾ßß ËßÝ µßÆ¹ßÝ±ß à²ß§ëÍß~
ë~ Ðßß¦ß Á.626 ~ÀíëñÊ Ðßë Á. 765 ~ÀíëñÊ Ñßë ß¾ßß.
4
8. Bank has accorded utmost importance for lending to 25. Income from investments was at Rs.1099 crore as on
MSME Sector. Advances to Micro, Small and Medium 31.3.09.
Enterprises increased by 34.29% to Rs.5,357 crore as 26. Fee based income earned was Rs.80 crore as on
at the end of Mar09 as against Rs. 3,989 crore as at 31.3.09.
the end of Mar08.
IV. Dividend
9. Retail Lending stood at Rs.6,042 crore as on
27. The Board of Directors have recommended a dividend
31.03.09.
of 45% for the year 2008-09.
10. The Bank advanced loans to the Housing Sector (Direct
Finance) to the tune of Rs.2,232 crore for the financial V. Delivery channels
year ended 31.3.09 as against Rs.1995 crore in the 28. Your Banks network of delivery channels increased to
previous year. 2248 by the end of March 09 i.e., 120 additional
11. Educational Loans portfolio registered a growth of delivery channels during the year.
23.91% to Rs.1,446 crore as at the end of Mar09 29. Total branches increased from 1366 as at the end of
compared to Rs.1,167 crore as at the end of Mar08. Mar 08 to 1432 as at the end of Mar 09
12. Capital and Reserves increased to Rs.3,647 crore, 30. The other delivery channels include 726 ATMs, 52
an increase of 12.25%. Extension Counters and 38 Satellite offices as on
13. Earning Per Share increased to Rs.13.46 from 31.3.09.
Rs.11.87, while Book Value Per Share increased from VI. Overseas presence
Rs.67.00 to Rs.75.20.
31. The Bank opened a Representative Office at New
II. Earnings Momentum Jersey on 22.11.08. The Bank already has a
14. Net Profit earned was Rs.653 crore, as at the end of Representative Office at Dubai functioning since May
Mar09 compared to Rs.576 crore as at the end of 06
Mar08. VII. Strategic Initiatives
15. Operating profit increased from Rs.1,057 crore as on
32. As stated in the beginning, your Bank has implemented
31.3.08 to Rs.1288 crore as on 31.3.09.
Core Banking solution in all the 1432 branches.
16. Cost to Income Ratio stood at 46.16% which is an
33. The Bank has entered into a Joint Venture with Bank
improvement of 8 basis points over previous year.
of Baroda and Legal and General Plc of U.K in Life
17. Net Interest Margin (NIM) improved to 3.03% as at Insurance Business.
the end of Mar09 against 3.00% in the previous year.
34. Bank has launched retail sale of gold coins from
18. Return on Assets (ROA) was 1.09%. January 09.
19. Your Bank raised Perpetual Debt Bonds (Tier-I Capital 35. Bank has entered into MoU with Mutual Funds for
funds) of Rs.200 crore in Dec08 and Upper Tier-II distribution of Mutual Fund products.
Capital funds of Rs.200 crore in March 09. In addition
36. Bank has launched Internet Banking and SMS Alerts
to these capital funds, your Bank also raised
to improve facilities to customers.
Subordinated Debt Capital (Tier-II) of Rs.600 crore in
the month of Sep08. All these steps enabled your Bank Your Bank has migrated to Basel-II norms with effect from
to achieve Capital Adequacy Ratio of 13.22% as at the March 31, 2009. The Bank has a comfortable capital
end of Mar09, against 11.61% in Mar 08. adequacy ratio and has also put in place robust risk
20. Return on Average Net Worth improved to 18.94% management systems. Besides risk management, proper
from 17.97% in the previous year. systems are also in place for approval, sanction and
monitoring of credit to maintain a healthy asset quality.
21. Your Bank continues to be one of the Public Sector
Banks having the lowest level of Gross NPAs to Gross Your Bank is committed to all its stakeholders. Continuous
Advances ratio. The ratio improved to 0.83% as at the support of Stakeholders has enabled your Bank to reach the
end of Mar 09 from 1.07% in the previous year. Like present stage and is looking forward to the valuable support
wise, the Net NPAs to Net Advances Ratio stood at of them in the period ahead.
0.18%.
I place on record our sincere gratitude to all our shareholders,
22. NPA coverage Ratio stood at 81.49% as at the end of customers, regulators, staff of the Bank and all concerned
March 09. with whose cooperation and support the Bank is able to
III. Income and Expenditure achieve a healthy performance year after year.
23. Total Income increased by 26.96% to Rs.6,140 crore With best wishes,
as against Rs.4,836 crore in the previous year.
Yours sincerely,
24. Interest income increased by 27.68% from Rs.4,210
crore to Rs.5,375 crore while non-interest income
increased by 22.17% to Rs.765 crore from Rs.626 crore. Hyderabad (R.S.Reddy)
8.5.2009 Chairman & Managing Director
5
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µßÆ.~ß: Êß.µßÖòÖßàºß ºßËß²ß, 5-9-11, Ðßì¶~ß¹ßß§, Ñì§Àß¹ßß§ - 500 004.
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Ëßà±ß Ñë£ßä ¹ßìÝ~ ë~ ~ß¼ß~ßÌß ËßÞ ßà£ßàËßà±ß¾ßíëÝ µßÀ à²ß§ëÍß~ ¼ßÞÊÉß ~ã àÀµßíëÖÃ ËßÞ £ßäÉß²ßµß¥ß ËßÞ ÉßëÛßß µßÀ ÉßëÛßß µßÀãß~ ~ã àÀµßíëÖÃ µßÀ ½ß½ßßÃ, ²ßä¼ßíë§²ß ßìÀ
µß²ßß²ßë, ¨Ãà¬ËßÖã Íßë¾ßÀíëÝ µßÀ ÉßßºßßÞÍß ~ã ³ßíëÏß¢ßß ~À²ßë.
Ð¦ßß²ß: Ñì§Àß¹ßß§ (ßÀ.Ðß.ÀëÊÊò ã)
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1. ¹ßì×~ ¼ßëÝ ºßßß Éßë²ßë £ß¦ßß ËßíëÖ §ë²ßë ë~ Ñ~§ßÀ Íßë¾ßÀ±ßßÀ~ µß²ßë Ð¦ßß²ß µßÀ ²ßßßµßäÀ, ½ßÞÊãßñÜ, à£ßÁËß²ßÞ£ßµßäÀ¼ß, ºßä¹ß²ßëÍËßÀ, ßäßÑßÖã, Ìß¾ßµßäÀ, ~ß²ßµßäÀ,
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2. µßÆíî¬Ðßã ~íë µßÆºßßËßã ¹ß²ßß²ßë ë~ àÉß ¹ßì×~ ë~ ~¼ß Ðßë ~¼ß ½ßßÀ à§²ß µßæËßÃ ¹ßìÝ~ ÐßëÉß¼ß, ²ßßàÐß~, ÀßÌß~íëÖ, à£ßÁà½ßÀßµßàÉÉß, ÐßíëÉßßµßäÀ
ë~ µßÆ±ßß²ß ~ß¾ßßÃÉß¾ß ¼ßëÝ ËßÍ¾ß Ìß¼ßß / §ÌßÃ ~À²ßã ½ßßàÑ. ëÐßë Ë¾ßà¬£ß ~íë 8. µß²²ßíëÝ ~ß Ðß¼ßë~²ß :
µßÆßà±ß~è£ß µßÆà£ßà²ßà±ß ¦ßËßß µßÆíî¬Ðßã à²ß¾ßä¬£ß ²ßÑãÝ à~¾ßß Ìßßßß , Ìßíë ¹ßÞì~ Íßë¾ßÀ±ßßÀ~ , àÌß²ÑíëÝ²ßë ~ Ñã Æ~¼ß ë~ ²ßß¼ß Ðßë ~ Ðßë à±ß~ Ûßß£ßíëÝ ¼ßëÝ
~ß à±ß~ßÀÝã ¦ßËßß ~¼ßÃ½ßßÀã Ñíë . Íßë¾ßÀ ÀÛßë ÑìÝ, Ðßë ²ßäÀíë±ß Ñì à~ Ëßë ÀàÌßÐÖÀ Ëß Þ£ßÀ¢ß Ìßë²Ö ~íë ëÐßë
3. µßÆà£ßà²ßà±ß ~ã à²ß¾ßäà¬£ß : Ûßß£ßíëÝ ë~ ÉßëÌßÀ µß²²ßíëÝ ~ß àËßËßÀ¢ß Íßë¾ßÀ ÐßàÖÃà¶~ë~Ö ë~ Ðßß¦ß ºßëÌß §ëÝ £ßßà~
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²ßë Ðßë µßÆ¼ßßà¢ß£ß à~¾ßß Ñíë, ~ã µßÆà£ß ¹ßìÝ~ ë~ µßÆ±ßß²ß ~ß¾ßßÃÉß¾ß, Ñì§Àß¹ßß§ ¼ßëÝ 9. Þ£ßÀ¢ß ë~ àÉß Ìß¼ßß ~À²ßß :
¹ßì×~ ë~ ½ßßÀ à§²ß µßÑÉßë Ìß¼ßß ²ßÑãÝ ~À£ßß Ñì. Íßë¾ßÀ ÐßàÖÃà¶~ë~Ö, Þ£ßÀ¢ß àËßÉßëÛß ë~ Ðßß¦ß ¹ßìÝ~ ë~ ÀàÌßÐÖÅßÀ Ëß Íßë¾ßÀ
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Íßë¾ßÀ±ßßÀ~íëÝ ~ã ÐßäàËß±ßß ë~ àÉß µßàÐ¦ßà£ß µß¥ß Ðß àÀµßíëÖÃ ë~ Ðßß¦ß ÐßÞÉß²ß ¼ßëÐßÐßÃ ©¼ßÐßã©Ðß àÉßà¼ßÖëÊ (¾ßæà²ßÖ: ß²±ßÆß ¹ßìÝ~)
Ñì. Íßë¾ßÀ±ßßÀ~íëÝ Ðßë ²ßäÀíë±ß Ñì à~ Ëßë µßàÐ¦ßà£ß µß¥ß~ ºßÀ~À ËßÞ Ðß¼ßëÝ ~ßÍßãÀß¼ß Ìß¼ß²ßß§ßÐß à¹ßàÉÊÞß
à§¾ßë ß¾ßë ÛßßÉßã Ð¦ßß²ß µßÀ ÑÐ£ßßßÀ ~Àë~ Ðßë ¹ßì×~ Ð¦ßÉß µßÀ Ìß¼ßß ~À ~ß¾ßßÃÉß¾ß ÐßÞ 21/22, ºßæ£ßÉß
§ëÝ. µßÆíî¬Ðßã / µßÆà£ßà²ßà±ß µßàÐ¦ßà£ß µß¥ß~ µßÀ µßÆíî¬Ðßã ¾ßß µßÆà£ßà²ßà±ß ÌßìÐßã ºßã 5, µßã Êã¼ßëÉßíë ÀíëÊ (³ßàÊ¾ßßÉß ßíë§ã)
àÐ¦ßà£ß Ñíë, ~ß ÉÉßëÛß ~ÀëÝ . ¼ßä¼¹ß¨Ã - 400 009
5. ÉßßºßßÞÍß : 10.Íßë¾ßÀ±ßßÀ~íëÝ Ðßë ²ßäÀíë±ß :
àËß££ßã¾ß ËßÏßÃ 2008-2009 ë~ àÉß à²ß§ëÍß~ ¹ßíëÊÃ 45% Þà£ß¼ß ÉßßºßßÞÍß ~) è~µß¾ßß ²ßíëÖ ~ÀëÝ à~ ËßßàÏßÃ~ µßÆà£ßËßë§²ß ~ã µßÆà£ß¾ßßÞ ËßßàÏßÃ~ Ðßß±ßßÀ¢ß
~ã àÐß¶~ßàÀÍß ~À£ßß Ñì ËßÞ ÉßßºßßÞÍß Íßë¾ßÀ±ßßÀ~íëÝ, àÌß²ßë~ ²ßß¼ß ¹ßì×~ ¼ßëÝ ~ à¼ß£ßË¾ß¾ß£ßß ë~ µßß¾ß ë~ Âµß ¼ßëÝ àËß£ßàÀ£ß ²ßÑãÝ ~ã ÌßßÞßã.
15.06.2009 ~íë Íßë¾ßÀ±ßßÀ~ ÀàÌßÐÖÀ ¼ßëÝ ÑíëÝ, ~íë 03 ÌßäÉßß¨Ã 2009 £ß: Íßë¾ßÀ±ßßÀ~íëÝ Ðßë ²ßäÀíë±ß Ñì à~ Ëßë ËßßàÏßÃ~ àÀµßíëÖÃ ~ã µß²ßã µßÆà£ß
~íë §ß à~¾ßß Ìßßßß . ¹ßì×~ ¼ßëÝ µß²ßë Ðßß¦ß Éßßï .
6. ²ßëÍß²ßÉß Ðßë¬¾ßæàÀÖãÐß àÊµßßàÌßÖÀã àÉß.Ëß ÐßëÝÖÅÉß àÊµßßàÌßÖÀã ÐßàËßÃÐßÐß (Þ ) àÉß. Ûß) Ðß§Ð¾ß è~µß¾ßß ²ßíëÖ ~ÀëÝ à~ ¹ßì×~ ë~ §íìÀß²ß ~íë¨Ã µßÑßÀ-æ~µß²ß ²ßÑãÝ
ë~ Ðßß¦ß Éßë¬ÖÅßà²ß~ ¶~ß¼ßÃ ¼ßëÝ ¹ßìÝ~ Íßë¾ßÀ Ñíë²ßß : ¹ßßÞÖë ÌßßÞßë .
¹ßìÝ~ ²ßë à²ßßÃ¼ß~£ßßÃ Þ~µß²ßã ë~ Âµß ¼ßëÝ µß²ßë Íßë¾ßÀíëÝ ~íë Êã¼ßëÖãàÀ¾ßÉßìÌßëÍß²ß ë~ ß) Íßë¾ßÀ±ßßÀ~íëÝ ~íë ÐßÉßßÑ §ã Ìßß£ßã Ñì à~ Ëßë ¹ßìß / ¹ßÆã¶~ë~Ðß / Öëµß
àÉß ²ßëÍß²ßÉß Ðßë¬¾ßæàÀÖãÐß àÊµßßàÌßÖÀã àÉß. (²ßÐßÊãÉß) Ëß Ðßë ² ÖÅ É ß àÀ~ßÊÃÀ / ë~¼ßëÀß ßà§ µß²ßë Ðßß¦ß ²ß ÉßßÞ ¬¾ßíëÝà~ ¾ßë ËßÐ£ßäÞ ÐßäÀßß ÌßßÞ½ß
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Ñ¼ßßÀë ÀàÌßÐÖÅßÀ ËßÞ Þ£ßÀ¢ß àºß~£ßßÃ ¼ßëÐßÐßÃ ¼ß.Ðßã.Ðß àÉßà¼ßÖëÊ ,¼ßäÞ¹ß¨Ã ²ßíëÖ: ¹ßìÞ~ ½ßßÑ£ßß Ñì à~ ¾ßà§ Íßë¾ßÀ±ßßÀ~ ËßßàÏßÃ~ Ðßß±ßßÀ¢ß ¹ßì×~ ¼ßëÝ ~íë¨Ã
~íë ºßëÌß²ßß Ñì . ÐßäÔßßËß §ë²ßß ¾ßß ÐµßÏÖã~À¢ß ½ßßÑ£ßë ÑíëÝ £ßíë ë~ËßÉß ~ß¾ßÃÐßæ½ßã ~ã ¼ß§ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ
7. ÉßßºßßÞÍß ë~ àÉß ¹ßìÝ~ ~ß ßËßë§²ß µß¥ß ¾ßß Éßë¬ÖÅßà²ß~ Ðß¼ßßÍßíë±ß²ß ÐßëËßß Ëßë µß²ßë ÐßäÔßßËß ÍßÞ~ß ßà§ ¹ßìÝ~ ë~ µßÆ±ßß²ß ~ß¾ßßÃÉß¾ß ë~ Íßë¾ßÀ ÐßÞàËßºßßß ËßÞ
(¨ÃÐßãÐß) : à²ßËßëÍß~ ÐßëËßß ~ß ~íë ºßëÌß Ðß~£ßë ÑìÝ Ìßíë ~¼ß Ðßë ~¼ß ¹ßì×~ ~ã à£ßà¦ß ë~ 15
à²ßËßëÍß~íëÝ ~íë µß²ßë ÉßßºßßÞÍß ËßßÀÞÖ ë~ ±ßíëÛßß ²ß~§ã~À¢ß Ðßë ¹ß½ßß²ßë ë~ àÉß à§²ß µßÑÉßë µßÆßµ£ß ÑíëÝ .
¹ßìÝ~ ²ßë Éßë¬ÖÅßà²ß~ Ðß¼ßßÍßíë±ß²ß ÐßëËßß ~ã ÐßäàËß±ßß ²ß Íßë¾ßÀ±ßßÀ~íë ~íë §ã
Ñì àÌß²ßë~ ¹ßìÝ~ Ûßß£ßë à²ß¼²ß ë~²§ÆíëÝ ¼ßëÝ ÑìÝ :
6
A Govt. of India Undertaking
Head Office: Dr. Pattabhi Bhavan, 5-9-11, Saifabad, Hyderabad 500 004
NOTICE
Notice is hereby given that the Ninth Annual General Meeting of the shareholders of Andhra Bank will be held on Thursday,
the 25th June, 2009 at SHILPA KALA VEDIKA, SHILPARAMAM, CRAFTS VILLAGE, NEAR HI-TECH CITY, MADHAPUR,
HYDERABAD-500 081 at 10.00 A.M., to transact the following business:
To discuss, approve and adopt the Balance Sheet of the Bank as at 31st March 2009 and the Profit and Loss Account for the
year ended on that date, the Report of the Board of Directors on the working and activities of the Bank for the period covered
by the Accounts and the Auditors Report on the Balance Sheet and Accounts.
To declare dividend on Equity Shares.
Place: Hyderabad (R.S Reddy)
Date: 08.05.2009 Chairman & Managing Director
Notes: accounts at the following centers:
1. A MEMBER ENTITILED TO ATTEND AND VOTE AT THE Mumbai, New Delhi, Kolkata, Chennai, Ahmedabad,
MEETING IS ENTITLED TO APPOINT A PROXY OR Bangalore, Hyderabad, Nagpur, Chandigarh,Thiruva-
PROXIES TO ATTEND AND VOTE THERE AT INSTEAD OF nathapuram, Bhubaneswar, Guwahati, Jaipur, Kanpur, Patna,
HIMSELF / HERSELF. A PROXY NEED NOT BE A MEMBER. Kakinada, Pune, Coimbatore, Nellore/ Dargamitta, Tirupati/
2. A Proxy, in order to be effective, must be deposited / lodged at Chittoor, Baroda, Visakhapatnam, Vijayawada, Madurai,
the Head Office of the Bank at least four days before the date Panaji, Surat, Pondicherry, Salem, Nasik, Rajkot,
of the meeting. No employee of the Bank shall be appointed Tiruchirappalli & Sholapur.
as duly authorized representative or a proxy. 8. Consolidation of Folios:
3. Appointment of a representative: The shareholders who are holding shares in identical order of
No person shall be entitled to attend or vote at the meeting as names in more than one account are requested to intimate to
a duly authorized representative of a Company, unless a copy the Registrars and Transfer Agent, the ledger folio of such
of the resolution appointing him as a duly authorized accounts together with the share certificates to enable the Bank
representative certified to be a true copy by the Chairman of to consolidate all the holdings into one account. The share
the meeting at which it was passed shall have been deposited certificates will be returned to the members after making
at the Head Office of the Bank at Hyderabad not less than four necessary endorsement in due course.
days before the date of the meeting. 9. Lodgment for Transfers:
4. Attendance slip cum entry pass: Share Certificates along with transfer deed should be
For the convenience of the members, attendance slip is forwarded to the Registrars and Transfer Agent of the Bank at
enclosed to this report. Members are requested to fill in and the following address:
affix their signatures in the space provided therein and M/s. MCS Limited (Unit: Andhra Bank)
handover the attendance slip cum Entry pass at the entrance Kashiram Jamnadas Building
of the venue of the meeting. Proxy / Representative of the
Office No. 21/22 Ground Floor
shareholder should mark on the attendance slip as proxy or
representative as the case may be. 5, P.DMello Road, (Ghadiyal Godi)
5. Dividend: Mumbai 400 009
The Board of Directors recommended a final dividend of 45% 10. Request to Shareholders:
for the financial year 2008-2009 and the dividend shall be paid a. Please note that copies of the Annual Report will not be
on 3rd July, 2009 to the shareholders whose names appeared distributed at the Annual General meeting as an Economy
in the Register of Shareholders as on 15th June, 2009. measure. Hence, shareholders are requested to bring their
6. Holding Bank shares in electronic form with National copies of the Annual Report to the meeting.
Securities Depository Limited and Central Depository b. Shareholders may kindly note that no gifts / coupons will be
Services (India) Limited: distributed at the venue of the meeting.
The Bank has entered into agreement with National Securities c. Shareholders are advised to avoid bringing bags / brief
Depository Limited (NSDL) and Central Depository Services cases/ tape recorders / cameras etc. as these items are subject
(India) Limited (CDSL) as an issuer Company for to a security check and may not be allowed at the venue.
Dematerialization of Banks Shares. Request for Note:
Dematerialization may be sent through respective Depository Bank shall highly appreciate if shareholders, desirous of making
Participants to our Registrars and Transfer Agents, M/s. MCS any suggestion, seeking clarification, etc. at the Annual General
Limited, Mumbai. Meeting, relating to the item of agenda only may send their
7. Bank mandate for dividend or Electronic Clearing Service: suggestions, queries, etc. so as to reach the shares Division &
In order to protect the investors from fraudulent encashment Investors Services Cell at Head Office of the Bank atleast 15 days
of their dividend warrants, the Bank has offered Electronic before the date of meeting.
Clearing Service facility to the shareholders having Bank
7
à²ß§ëÍß~íëÝ ~ã àÀµßíëÖÃ 2008-09 1.4. 31.03.2008 ë~ Á. 3779.08 ~ÀíëñÊ ë~ ä~Éß Ë¾ß¾ß ~ã £ßäÉß²ßß ¼ßëÝ
31.03.2009 ~íë Á.4851.97 ~ÀíëñÊ ÀÑß Ðß¼ßëÝ Ðßë µßàÀ½ßßÉß²ß µßÀ
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~ã Ëßèà« §ÌßÃ Ñä¨Ã ßìÀ àµß¿Éßë ËßÏßÃ ë~ Á. 626.47 ~ÀíëñÊ ~ã £ßäÉß²ßß ¼ßëÝ (Á. ~ÀíëñÊ ¼ßëÝ)
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09 ¼ßëÝ Á.653.05 ~ÀíëñÊ ÀÑß. µßæïÌßã µßÆßÀàß£ßã ~íë Þ£ßÀ¢ß 108.20
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àµß¿Éßë ËßÏßÃ ë~ Á.67.00 Ðßë ¹ßñÜ~À Á.75.20 Ñíë ß¾ßß.
µßàÀ½ßßÉß²ß Éßßºß 1056.94 1288.03 231.09 21.86
ÐßßÀ¢ßã 3- ¼ßäÛ¾ß àËß££ßã¾ß ²ßäµßß£ß
µßÆßËß±ßß²ß ËßÞ 481.37 634.98 153.61 31.91
ß~àÐ¼ß~£ßßÞ µßìÀß¼ßãÖÀ 31.3.2008 31.3.2009
à²ßËßÉß Éßßºß 575.57 653.05 77.48 13.46 àßÆ¼ßíëÝ µßÀ ÌßÃ²ß (%) 10.81 11.41
Ìß¼ßß Éßßß£ß (%) 6.58 6.96
1.1. ä~Éß ¹¾ßßÌß ß¾ß ¼ßëÝ 27.68 % ~ã ÐßÞ£ßäàÉß£ß Ëßèà« §ÍßßÃ£ßë Ñä 31.03.2008
ë~ Á..4209.57 ~ÀíëñÊ Ðßë 31.03.2009 ~íë Á.5374.62 ~ÀíëñÊ Ñíë ÐßãßÀßÀ (%) 11.61 13.22
ß¾ßß. Ðß¼ßëÝ Ðßë àßÆ¼ßíëÝ Ðßë ß¾ß ¼ßëÝ 32.68% ~ã Ëßèà« ë~ Ðßß¦ß 31.03.2008 ßàÐ£ß¾ßíëÝ µßÀ µßÆà£ß¶~Éß (%) 1.16 1.09
ë~ Á..3176.93 ~ÀíëñÊ Ðßë ¹ßñÜ~À 31.03.2009 ~íë Á..4215.06
~ÀíëñÊ ÀÑß. à²ßËßëÍß Ðßë ß¾ß ¼ßëÝ 13.54% ~ã Ëßèà« Ñä¨Ã ßìÀ 31¼ßß½ßÃ,2009 à²ßËßÉß ß¾ß ¼ßßàÌßÃ²ß (%) 3.00 3.03
~íë Ðß¼ßßµ£ß àËß££ßã¾ß ËßÏßÃ ¼ßëÝ Á.1098.98 ~ÀíëñÊ ÀÑß . Éßßß£ß ß¾ß ²ßäµßß£ß (%) 46.24 46.16
1.2. ~¢ß àËßÐ£ßßÀ, àËßÍßëÏß~À ½ß ÌßÃ²ß ~À²ßë ËßßÉßë àßÆ¼ßíëÝ µßÀ ±¾ßß²ß ë~à²§Æ£ß
µßÆà£ß Íßë¾ßÀ ÌßÃ²ß (Á.) 11.87 13.46
à~¾ßß àÌßÐßë~ µßàÀ¢ßß¼ßÐËßÂµß àßÆ¼ßíëÝ Ðßë ¹¾ßßÌß ß¾ß ¼ßëÝ Ëßèà« Ñä¨Ã ßìÀ
à²ßËßÉß ¹¾ßßÌß ß¾ß ¼ßëÝ 21.45%.~ã Ëßèà« §ÍßßÃ¨Ã. µßÆà£ß Íßë¾ßÀ ¹ßÑã ¼ßæÉ¾ß ( Á..) 67.00 75.20
1.3. Á.765.38 ~ÀíëñÊ ë~ ä~Éß ßìÀ ¹¾ßßÌß ß¾ß ¼ßëÝ Ðßë ¼ßß½ßÃ 2009 ~íë à²ßËßÉß ²ß µßã (%) 0.15 0.18
Ðß¼ßßµ£ß Ñä àËß££ßã¾ß ËßÏßÃ ë~ àÉß ÍßäÉ~ ß±ßßàÀ£ß ß¾ß Á.80.20 ~ÀíëñÊ
ÀÑß . Ðß~Éß ²ß µßã (%) 1.07 0.83
8
DIRECTORS REPORT 2008-09 1.4. Total expenses were Rs.4851.97 crore as on 31.3.'09
as against Rs.3779.08 crore as on 31.3.'08. Of this,
Directors of your Bank have pleasure in presenting the Annual operating expenses stood at Rs.1104.26 crore (an
Report of the Bank together with the Audited Statement of increase of 21.47%). Establishment expenditure as a
Accounts and Auditors Report for the financial year ended percentage of Total Expenditure stood at 12.86% for
March 31, 2009. the year ended 31.3.'09.
1. PROFITABILITY APPROPRIATIONS
Despite the economic downturn all over the world, the Bank The appropriations made out of Net Profit are shown in Table
sustained its growth momentum of the previous years. 2. An amount of Rs.163.40 crore was transferred to statutory
Profitability parameters saw satisfactory growth. Buoyancy reserves during 2008-'09, and with this, the statutory reserves
in the Banks Core business income, increased non interest now stand at Rs.1111.08 crore. Transfer towards dividend
income and good Asset Quality contributed to the (including dividend tax) amounted to Rs.255.34 crore.
improvement in profitability. Total income increased by
26.96% from Rs.4836 crore to Rs.6140 crore while non- Table 2: Appropriations out of Net Profit
interest income registered a growth of 22.17% and stood at (Rs. in crore)
Rs.765.38 crore compared to Rs.626.47 crore in the previous Appropriation out of Net Profit 2008-'09
year. Operating Profit of the Bank increased to Rs.1288.03 Transfer to Statutory Reserves 163.40
crore from Rs.1056.94 crore, registering an increase of Transfer to Capital Reserve 108.20
21.86%. Net Profit increased by 13.46% to Rs.653.05 crore
Transfer to Revenue Reserves 50.00
in 2008-'09 from Rs.575.57 crore in the previous year.
Transfer to proposed dividend 255.34
Table 1: Highlights of Revenue, Expenditure and Profitability (including dividend tax)
(Rs. in crore)
Profit brought forward 152.94
2007-08 2008-09 Absolute Percentage
Growth Growth 2. KEY FINANCIAL RATIOS
Total Interest Income 4209.57 5374.62 1165.05 27.68 2.1 The asset profile of the Bank is quite healthy. Net Non-
Total Interest Expenditure 2869.99 3747.71 877.72 30.58 Performing Assets to Net Advances stood at 0.18%
and Gross Non-Performing Assets to Gross Advances
Net interest Income 1339.58 1626.91 287.33 21.45 have improved from 1.07% in the previous year to
Other income 626.47 765.38 138.91 22.17 0.83%,as at the end of Mar09. Net Interest Margin
(NIM) stood at 3.03% compared to 3.00% in the
Profit on sale of previous year. The capital adequacy ratio improved
investments 137.98 237.61 99.63 72.21 to 13.22% due to infusion of Capital funds to the tune
Operating expenses 909.09 1104.26 195.17 21.47 of Rs.1,000 crore during 2008-'09. Cost to Income
ratio improved to 46.16% from 46.24% in the previous
Operating profit 1056.94 1288.03 231.09 21.86
year, reflecting enhanced operational efficiency.
Provisions and Buoyed by improved profitability, Earning Per Share
contingencies 481.37 634.98 153.61 31.91 (EPS) increased to Rs.13.46 from Rs.11.87 and Book
Value Per Share (BVPS) increased to Rs.75.20 from
Net Profit 575.57 653.05 77.48 13.46
Rs.67.00 in the previous year.
1.1. The total interest income has shown a robust growth
Table 3: Key Financial Ratios
of 27.68 % from Rs.4209.57 crore as on 31.3.'08 to
Rs.5374.62 crore as on 31.3.'09. Of this, interest Parameter 31.3.08 31.3.09
income from advances grew by 32.68% from
Yield on Advances (%) 10.81 11.41
Rs.3176.93 crore as on 31.3.'08 to Rs.4215.06 crore
as on 31.3.'09. Interest Income from investments Cost of Deposits (%) 6.58 6.96
increased by 13.54% and stood at Rs.1098.98 crore CRAR (%) 11.61 13.22
for the financial year ended March, '09. Return on Assets (%) 1.16 1.09
1.2. The focus on credit expansion, high yielding advances Net Interest Margin (%) 3.00 3.03
in particular and the consequent increase in interest Cost to income Ratio (%) 46.24 46.16
income from advances has contributed for the
Earning Per Share (Rs.) 11.87 13.46
increase in Net Interest Income by 21.45%.
Book Value Per Share( Rs.) 67.00 75.20
1.3. Of the total non interest income of Rs. 765.38 crore,
Net NPA (%) 0.15 0.18
fee based income stood at Rs. 80.20 crore for the
financial year ended March '09. Gross NPAs (%) 1.07 0.83
9
3. µßæÌï ßã ËßÞ à²ßËßÉß ¼ßßàÉß¾ß£ß µßÆ¹ßÞ±ß²ß ë~ àËß½ßßÀ àËß¼ßÍßÃ ËßÞ àËßÍÉßëÏß¢ß :
3.1 ËßÏßÃ 2008-09 ë~ §íìÀß²ß ¨Ãà¬ËßÖã µßæïÌßã ¼ßëÝ ~íë¨Ã µßàÀËß£ßÃ²ß ²ßÑãÝ Ñì ßìÀ
¾ßÑ Á..485 ~ÀíëñÊ ¹ß²ßß ÀÑß. µßÀ²£ßä µßÆßÀàß£ßã ßìÀ ßà±ß¬¾ß ¼ßëÝ Ëßèà« 1. ¼ßë~Æ íë ~íî²ßßîà¼ß~ ÊëËßÉßµß¼ßëÖÝ Ðò ß
Ñíë~À 31.03.2008 ë~ Á..2764.29 ~ÀíëñÊ Ðßë 31.03.2009 ~íë ËßÏßÃ 2008-09 µßæÀë àËßÍËß ¼ßëÝ àËß££ßã¾ß ¹ßßÌßßÀíëÝ ë~ àÉß ÍßßÞ£ß ËßÏßÃ ÀÑß. Ðß¹ß-µßÆß¼ß
Á.3161.99 ~ÀíëñÊ Ñíë ß¾ßß. Ð£ßä à²ßËßÉß ¼ßßàÉß¾ß£ß (µßæïÌßã µÉßÐß µßÆßÀàß£ßã ~ß ÐßÞ~Ö, Ìßíë ¾ßæ Ðß Ðßë µßÆßÀÞºß Ñäß, ~ß ßÞºßãÀ µßÆºßßËß ~¨Ã §ëÍßíëÝ µßÀ µßñÊß.
ßìÀ ßà±ß¬¾ß) ¹ßñÜ~À ¼ßß½ßÃ 2008 ~ã Ðß¼ßßàµ£ß µßÀ Á..3,249.29 àËß§ëÍßíëÝ ë~ ¹ßñÊë à²ßËßëÍß~ ¹ßìÝ~, ¹ßã¼ßß ¶~¼ßÃ ßìÀ ¼¾ßä¾ßäÉß ¶Þ~Ê ±ßÀßÍßß¾ßã Ñíë ß.
~ÀíëñÊ Ðßë ¼ßß½ßÃ, 2009 ~ã Ðß¼ßßàµ£ß µßÀ Á.3646.99 ~ÀíëñÊ ÀÑß. àËß££ßã¾ß ÐßÞÐ¦ßßßëÝ °ßÀß £¾ßà±ß~ §ßÀ ¹ßÀ£ßë Ìßß²ßë ßìÀ ~ßÞµÉßë¬Ðß ²ÐÖÅä¼ßëÝÖòÐß ë~
4. µßæÌï ßã µß¾ßßÃµ£ß£ßß Éßßßæ à~¾ßë Ìßß²ßë Ðßë àËß££ßã¾ß àÐ¦ßà£ß à¹ßßñÊ²ßë Éßßã ßìÀ ÐßÞÐ¦ßß²ßíëÝ ~ã à²ßËßÉß ¼ßßàÉß¾ß£ß
¼ßëÝ ÑÅßÐß Ñíë²ßë Éßßß. àËß££ßã¾ß ÐßÞ~Ö ²ßë àËß~àÐß£ß ßìÀ àËß~ßÐßÍßãÉß ¦ßÃË¾ßËßÐ¦ßß ë~ ~¢ß
µßæïÌßã µß¾ßßÃµ£ß£ßß ²ßäµßß£ß 31.03.2009 ~íë 13.22% ÀÑß Ìßíë ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ÐßÆíë£ß ¼ßëÝ ÐßëÝ±ß ¼ßßÀß ßìÀ ¹ßñÊë µßì¼ßß²ßë µßÀ ²ßíì~àÀ¾ßßÞ ½ßÉßã ßÄ ßìÀ ¹ßëÀíëÌßßßÀã ¹ßñÜ²ßë
°ßÀß à²ß±ßßÃàÀ£ß 9% ~ã £ßäÉß²ßß ¼ßëÝ Éßßß£ßßÀ Ðßß£ß ËßÏßßÃëÝ Ðßë 11% Ðßë à±ß~ ÀÑß. Éßßã. ä~¿ ¹ßñÊë à²ßËßëÍß~ ¹ßìÝ~, ¹ßã¼ßß ~¼µßà²ß¾ßßÞ ßìÀ ¼¾ßä¾ßäÉß ¶Þ~Ê ²ß àËß~ßÐßíëÝ ë~
8.67% ~ã ½ß Öã¾ßÀ -1 µßæïÌßã ²ßäµßß£ß ²ßë ¹ßìÝ~ ~íë à£ßàÀ¬£ß µßæïÞÌßã ÌßäÖß²ßë ßìÀ Ðßß¦ß ½ßÉß ²ß Ðß~ß.
ºßßËßã Ë¾ßßËßÐßßà¾ß~ àËßÐ£ßßÀ ~íë µßæÀß ~À²ßë ¼ßëÝ ¼ß§§ ~ã. ¹ßìÝ~ ²ßë ¹ßëÐßÉß-II µßæïÌßã
µß¾ßßÃµ£ß£ßß ¼ßß²ß§ÞÊ ~ã ßëÀ ¼ßßßÆëÖ à~¾ßß Ñì ßìÀ ¹ßëÐßÉß-II ¼ßß²ß§ÞÊíëÝ ë~ ²ßäÐßßÀ àËß££ßã¾ß ÐßÞ~Ö Ðßë µßÆºßßàËß£ß ä~¿ ÐßÞÐ¦ßßßëÝ ~íë ¹ßßÀ²ßë ë~ àÉß ÐßÀ~ßÀ ²ßë £ß£~ßÉß Ñã
ÐßãßÀßÀ 13.22% Ñì. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ à§Íßß à²ß§ëÃÍßíëÝ ë~ ²ßäÐßßÀ ²ß¾ßã Ðßß±ßßÀ¢ß ²ßãà£ß ~ã ³ßíëÏß¢ßß ~ã ßìÀ ¹ß½ßßËß µßìë~ÌßíëÝ ÐßàÑ£ß ~¨Ã ~§¼ß ×ß ë~²§Æã¾ß
µßæïÌßã µß¾ßßÃµ£ß£ßß ¶Æë~¼ßËßÃ~ ë~ Þ£ßßÃ£ß ºßßÀ£ß ë~ Ðßºßã Ëßßà¢ßà¾ß~ ¹ßìÝ~íëÝ ~íë ÐÖìÝÊÊßÃ ¹ßìÝ~ ²ßë µßàÀàÐ¦ßà£ß ~íë Ðßß¼ßß²¾ß ¹ß²ßß²ßë ßìÀ ¦ßÃË¾ßËßÐ¦ßß ~íë µßä²ßÌßãÃàËß£ß ~À²ßë ë~
Ê µßÆíë½ß ¶~ßîÀ Æë~àÊÖ àÀÐ~, ÐÖìÝÊÊßÃÊ Êò¾ßääÀëÍß²ß µßÆíë½ß ¶~íîÀ ¼ßßëÃ~Ö àÀÐ~ ßìÀ àÉß ¹¾ßßÌß §ÀíëÝ ¼ßëÝ ¼ßÑ£Ëßµßæ¢ßÃ ~Öíìà£ß¾ßßÞ ~ãÝ. ¾ßæ Ðß ¶ë~ÊÀÉß àÀÌßËßÃ ²ßë ¶ë~Ê ¶Þ~Ê ÀëÖ
¹ßëàÐß~ ÞàÊë~ÖÀ µßÆíë½ß ¶~íîÀ ßîµßÀëÍß²ßÉß àÀÐ~ ~ß ²ßäµßßÉß²ß ~À²ßß µßëàß£ß Ñì. ¼ßëÝ ~¼ß Ðßë ~¼ß 0.25% £ß~ ~ã ~¼ßã ~ã Ìß¹ßà~ ¹ßìÝ~ ßî¶~ Ìßßµßß²ß ²ßë Ðßë Íßæ²¾ß
£ß§ò²ßäÐßßÀ ¹ßìÝ~ ²ßë ºßã 31.03.2009 Ðßë ²ß µßÆíë½ßíëÝ ~ß ²ßäµßßÉß²ß à~¾ßß Ñì ßìÀ ²¾ßæ Ð£ßÀ £ß~ Éßë ß¾ßß. ¾ßæ Ðß ²ßë ¾ßæ Ðß ÊíîÉßÀ 1 àÖÅàÉß¾ß²ß ë~ ¼ßëàÐßËß àÐÖ¼ßäÉßÐß µßìë~Ìß
µßæïÌßã µß¾ßßÃµ£ß£ßß ¶Æë~¼ßËßÃ~ ~íë ¼ßßßÆëÖ à~¾ßß Ñì. ¹ßìÝ~ ²ßë µßæïÌßã µß¾ßßÃµ£ß£ßß Ð£ßÀ ë~ ë~ Ðßß¦ß ¼ßíìà§Æ~ µßß¾ßßëÝ ~ß ²ßäÐßÀ¢ß à~¾ßß. ½ßã²ß ~ã ÐßÀ~ßÀ ²ßë ¾ßæ Ðß ÊíîÉßÀ
¼ßæÉ¾ßßÞ~²ß Ñë£ßä µßæïÌßã µß¾ßßÃµ£ß£ßß à²ß±ßßÃÀ¢ß µßÆà~¾ßß ~íë Éßßßæ à~¾ßß Ñì. à²ß±ßßÃÀ¢ß µßÆà~¾ßß 575 à¹ßàÉß¾ß²ß ÀßàÍß ë~ µßìë~Ìß ~ã ³ßíëÏß¢ßß ~ã . Ðßë~ à£ßàÀ¬£ß Ìßã-20 §ëÍßíëÝ ë~
¼ßëÝ ¹ßëÐßÉß II à§Íßßà²ß§ëÃÍßíëÝ £ßÑ£ß àµßÉßÀ-II ~ã ÌßíëàÛß¼ßíëÝ ¾ß¦ßß Æë~àÊÖ ~íî²ÐßëÝÖÅëÍß²ß ²ßë£ßßßëÝ ²ßë ¾ßæ Ðß ÊíîÉßÀ 1.1 àÖÅàÉß¾ß²ß ~ß¾ßÃÆ~¼ß ë~ µßÆà£ß µß²ßã µßÆà£ß¹ß«£ßß §äÑÀß¨Ã
àÀÐ~, ¹ßìÝâ~ß ¹ßàÑ¾ßíëÝ ¼ßëÝ ÞÖÀëÐÖ ÀëÖ àÀÐ~, à¹ßÌß²ßëÐß Ðßß~Éß àÀÐ~ ßà§ ~íë Íßßà¼ßÉß àÌßÐß¼ßëÝ Ðßë 250 à¹ßàÉß¾ß²ß ¾ßæ Ðß ÊíîÉßÀ ÞÖÀ²ßìÍß²ßÉß ¼ßíë²ßëÖÀã ¶Þ~Ê ë~ àÉß à²ß±ßßÃàÀ£ß
~À²ßë ~ß ¶Æë~¼ßËßÃ~ ºßã Íßßà¼ßÉß Ñì. à~¾ßß ß¾ßß Ñì.
ºßßÀ£ßã¾ß ¦ßÃË¾ßËßÐ¦ßß ËßìàÍËß~ ¦ßÃË¾ßËßÐ¦ßß ~ã ÐßÞ~Ö Ðßë ¹ß½ßß ²ß ÀÑß. ËßßÐ£ßËß ¼ßëÝ
ÐßßÀ¢ßã 4: Ðßã ßÀ ßÀ àÐ¦ßà£ß
àËß££ßã¾ß ËßÏßÃ 2008-09 ë~ µßÆ¦ß¼ß ±ßÃËßÏßÃ ¼ßëÝ ²ß~§ã µßÆËßßÑ ¼ßëÝ ½ßÀ¼ßÀßÑÖ §ëÛßã ß¨Ã.
(µßÆà£ßÍß£ß ¼ßëÝ)
¨Ãà¬ËßÖã ¼ßßÃë~Ö, ¶~íîÀë¬Ðß ¼ßßëÃ~Ö, ÊëÖ ¼ßßëÃ~Ö ßìÀ ¼ß²ßã ¼ßßÃë~Ö ÌßìÐßë ßë¥ßíëÝ ¼ßëÝ ¼ßÞ§ã ~ß
31 ¼ßß½ßÃ 2008 31 ¼ßß½ßÃ 2009 µßÆºßßËß §ëÛßß ß¾ßß.
Öã¾ßÀ-1 µßæïÌßã 8.54 8.67 1.1. ¨Ãà¬ËßÖã ¼ßßë~Ã Ö

Öã¾ßÀ-II µßæïÌßã 3.07 4.55 àÐß£ß¼¹ßÀ,2008 ë~ µßÆßÀÞºß Ðßë ¼ßÑ£Ëßµßæ¢ßÃ ¹ßìÝ½ß¼ßßÃ~ Ðßæ½ß~ßÞ~íëÝ ë~ Ðßß¦ß Íßë¾ßÀ ¹ßßÌßßÀíëÝ
¼ßëÝ àÐ¦ßÀ£ßß ß¨Ã ßìÀ ¹ßßÀ¼¹ßßÀ Ëßèà« ßëÀ ÑÅßÐß §ÍßßÃ²ßë Éßßã àÐß£ß¼¹ßÀ 2008 ¼ßëÝ
ä~Éß 11.61 13.22 ÐßëÝëÐß¬Ðß 20,000 µËßßÞÖ ~ã µß²ßã ½ßíëÖã Ðßë à§Ðß¼¹ßÀ,2008 ¼ßëÝ ÉßäñÜ~~À 8500
µËßßÞÖ £ß~ àßÀ ß¾ßß. Ðß~ß ¼ßäÛ¾ß ~ßÀ¢ß àËß§ëÍßã ÐßÞÐ¦ßßß£ß à²ßËßëÍß~íëÝ °ßÀß
5. ÉßßºßßÞÍß £¾ßà±ß~ ¼ßß¥ßß ¼ßëÝ à¹ßÆ~ã ~À²ßß ¦ßß . àËß££ßã¾ß ËßÏßÃ ë~ Þ£ß ¼ßëÝ Þ~µßà²ß¾ßíëÝ ë~ ßã¢ß
¹ßìÝ~ ë~ à²ß§ëÍß~ ¼ßÞÊÉß ²ßë àËß££ßã¾ß ËßÏßÃ 2008-09 ë~ àÉß 45% ÉßßºßßÞÍß §ë²ßë ~ã ÌßÃ²ß ~ã µßÆ£¾ßßÍßß ²ßë ÐÖíî~ ¼ßßëÃ~Ö ¼ßëÝ ±ßã¼ßã µßÆËßèà££ß §ëÛßã ß¨Ã.
àÐß¶~ßàÀÍß ~ã Ñì. 1.2. ~¢ß ¹ßßÌßßÀ
ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ °ßÀß ¹¾ßßÌß §ÀíëÝ ¼ßëÝ ~¼ß ~À²ßë ~ã ²ßãà£ß ë~ Ðßß¦ß à²ß¼²ß ¼ßä§Æß
Ð¶~ãà£ß Ð£ßÀ ²ßë ¹ßßÞÊ ¼ßßëÃ~Ö ~íë ßßë ¹ßñÜß¾ßß ßìÀ à§Ðß¼¹ßÀ,2008 £ß~ 10 ËßÏßÃ ~ã
ÐßÀ~ßÀã µßÆà£ßºßæà£ß¾ßíëÝ ~ß ÌßÃ²ß ³ßÖ~À 5.25% £ß~ µßÑäï½ß ß¾ßß. à¶~Àºßã àËß££ßã¾ß
ËßÏßÃ 2008-09 ë~ àÉß Á. 3.3 ÉßßÛß ~ÀíëñÊ ë~ Ë¾ßßµß~ ÐßÀ~ßÀã ~¢ß ~ß¾ßÃÆ~¼ß
ë~ ¶~ÉßÐËßÂµß 2008-09 àËß££ßã¾ß ËßÏßÃ ë~ àÉß 10 ËßÏßÃ ë~ ¹ßßÞÊ ~ß ÌßÃ²ß
¼ßß½ßÃ,2009 ~ã Ðß¼ßßàµ£ß £ß~ ¹ßñÜ~À 7.08% Ñäß Ñì.. ÐßÀ~ßÀã µßÆà£ßºßæà£ß ¹ßßÌßßÀ
¼ßëÝ ½ß ÌßÃ²ß ²ßë Þ~µßà²ß¾ßíëÝ ë~ ¹ßßÞÊ ¼ßßÃë~Ö µßÀ µßÆºßßËß ºßã ÊßÉßß . ~ßµßíëÃÀëÖ ¹ßßÞÊíëÝ
ßìÀ ÐßÀ~ßÀã µßÆà£ßºßæà£ß¾ßíëÝ ë~ ¹ßã½ß Ë¾ßßàµ£ß ²ßë ~ßµßßÃëÀëÖ ¹ßßÞÊíëÝ Ñë£ßä ½ß ÌßíëàÛß¼ß
10
3. CAPITAL & NET WORTH MANAGEMENTS DISCUSSION & ANALYSIS:

3.1. There is no change in equity capital during 2008-09 1. MACRO-ECONOMIC DEVELOPMENTS
and it stood at Rs.485 crore. At the same time the
Reserves and Surplus increased from Rs.2764.29 The year 2008-09 was a turbulent year for financial markets
crore as on 31.03.'08 to Rs.3161.99 crore as on all over the world. The sub prime crisis which originated in
31.03.'09. Thus, the Net worth (capital plus reserves U.S.A had its severe impact on many countries. Big
& surplus) increased from Rs.3,249.29 crore as at Investment Banks, Insurance Firms and Mutual Funds abroad
the end of Mar08 to Rs.3646.99 crore ,as at the end failed. The excessive leveraging indulged in by financial
of Mar09. institutions and the introduction of complex instruments led
to the financial meltdown and erosion in net worth of the
4. CAPITAL ADEQUACY institutions. The financial crisis also led to drying up of credit
Capital Adequacy Ratio stood at 13.22% as on 31.03.09. in developed and developing economies and large scale job
Capital Adequacy Ratio has been above 11% for seventh losses and unemployment took place. Some of the big
year consecutively when compared to RBI prescribed norm Investment Banks, Insurance Companies and Mutual
of 9%. A high Tier I capital ratio of 8.67% has provided the Funds failed to cope up with the developments that took place.
Bank sufficient headroom to raise further capital to meet future The extraordinary events that have happened have prompted
business expansion. Bank has migrated to Basel-II capital Governments for coming out with extraordinary policy
adequacy norms and as per Basel-II norms, CRAR stands at response measures with rescue packages to bail out some
13.22%. As per the guidelines of RBI, all Commercial Banks of the institutions affected by the financial crisis. Central Banks
in India are required to follow the Standardised Approach have cut the interest rates substantially to ease the situation
for credit risk, Standardised Duration Approach for market and to revive the economies. The U.S Federal Reserve has
risk and Basic Indicator Approach for operational risk under reduced the Fed Fund Rate to as low as 0.25% while the
the New Capital Adequacy Framework. Accordingly, the Bank of Japan has reduced it to near zero levels. The U.S
Bank has also followed these approaches and migrated to has followed up monetary measures with a massive fiscal
New Capital Adequacy frame work w.e.f. 31.03.09. Bank has stimulus package of U.S Dollar 1 trillion. The Government of
also put in place a Capital Adequacy Assessment Process China has also announced a package amounting to U.S Dollar
(CAAP) for assessing the adequacy of capital levels. The 575 billion. Above all, leaders of the G-20 nations have
assessment process includes a framework for inclusion of pledged their commitment to a U.S Dollar 1.1 trillion
Pillar-II risks under Basel-II guidelines, such as credit programme, out of which U.S Dollar 250 billion is pledged to
concentration risk, interest rate risk in the banking book, the International Monetary Fund.
business cycle risks, etc. Indian economy was not immune to the crisis affecting the
Table 4: CRAR Position global economy. In fact, there was a liquidity crunch during
(in percentage) the first half of FY 2008-09. Segments such as equity market,
forex market, debt market and money markets witnessed the
31 March '08 31 March '09 effects of the slowdown.
Tier-1 capital 8.54 8.67 1.1. Equity Market
Tier-II capital 3.07 4.55 Since the beginning of September08, equity markets
Total 11.61 13.22 witnessed volatility with major benchmark indices showing
bouts of increase and decline. The Sensex declined from its
5. DIVIDEND peak of 20,000 points in September08 and reached a low of
The Board of directors of the Bank has recommended a 8500 points in December08. This was mainly due to heavy
dividend of 45% for the financial year 2008-'09. selling by Foreign Institutional Investors (FIIs).Towards the
end of the financial year, expectations of weak corporate
earnings led to subdued sentiments in the stock markets.
1.2. Debt Market
Low inflation level coupled with lowering of policy interest
rates by RBI transmitted to the bond markets and the 10-
year Government Securities yields came down to 5.25% by
December08. However, the massive government borrowing
programme of Rs.3.3 lakh crore for the financial year 2008-
09 resulted in 10-Year yields rising to 7.08% by the end of
March09. The higher yield in Government Securities Market
had its impact in the corporate bond markets as well. The
spread between corporate bonds and G-Secs widened,
11
µßÆãà¼ß¾ß¼ß ~íë §ÍßßÃ£ßë Ñä Þ£ßÀßÉß Éßß à§¾ßß Ñì. ¹ßìÝ~íëÝ ~íë ¹ßßÞÊ ÌßÃ²ß ¼ßëÝ Ëßèà« ë~ ¹ßßÞÊ ßßÑ²ßë ßìÀ ²¾ß ëÐßë µßß¾ßíëÝ ë~ àÉß Þ¶Æ~ßÐÖÅ¬½ßÀ Ðßë¬ÖÀ ~íë ºßã ¹ßñÜßËßß à§¾ßß
~ßÀ¢ß µß²ßë à²ßËßëÍß ÐßÞºßßß µßÀ ¼ßæÉ¾ßÑÅßÐß Ñë£ßä µßÆßËß±ßß²ß ~À²ßß µßñÊß. ß¾ßß. ¾ßÑ ºßã à²ß¢ßÃ¾ß à~¾ßß ß¾ßß à~ ßÀ ¹ßã ß¨Ã à~ÖòÖã Ðßë 5% àËß§ëÍßã ¼ßä§Æß àÀÌßËßÃ
~íë Þ¶Æ~ÐÖÅ¬½ßÀ àËß££ßµßíëÏß¢ß ë~ àÉß ß¹ßÞàÖ£ß ~ÀëÝ.
1.3. àËß§ëÍßã ¼ßä§ßÆ ¹ßßÌßßÀ
1.6. µßÆÉì ß,2008 Ðßë ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ ~ ßìÀ ºßßÀ£ß ÐßÀ~ßÀ °ßÀß
ºßßÀ£ßã¾ß Áµß¾ßë Ìßíë àËß££ßã¾ß ËßÏßÃ 2008-09 ë~ µßÆßÀÞºß ¼ßëÝ ßìÐß£ß²ß 40 Áµß¾ßë µßÆà£ß
³ßíëàÏß£ß µßß¾ß :
ÊíîÉßÀ ë~ ßÐßµßßÐß ¦ßß, ºßßÀã àßÀßËßÖ ë~ Ðßß¦ß ¼ßß½ßÃ 2009 ë~ Þ£ß £ß~ ºßßÀ£ßã¾ß
Áµß¾ßë 50 µßÆà£ß ÊíîÉßÀ £ß~ µßÑäï½ß ß¾ßß ßìÀ 25µßÆà£ßÍß£ß ~ß ¼ßæÉ¾ßÑÅßÐß Ñäß. v ßÐ£ß,2008 Ðßë Ìß²ßËßÀã, 2009 ë~ ¹ßã½ß Ðßã ßÀ ßÀ ¼ßëÝ 400 ¹ßëàÐßÐß
µËßßÞÖ ~ã àËßàºß²²ß ½ßÀ¢ßíëÝ ¼ßëÝ ~¼ßã ~À 9% Ðßë 5% £ß~ ~ã ß¨Ã.
¼ßß½ßÃ,2008 ~ã àÐ¦ßà£ß ~ã £ßäÉß²ßß ¼ßëÝ àËß§ëÍßã ¼ßä§Æß àÀÌßËßÃ ³ßÖ~À ¾ßæ Ðß ÊíîÉßÀ 57
à¹ßàÉß¾ß²ß ÀÑ ß¾ßß . ¾ßÑ ~ÀëÝàÐß¾ßíëÝ ë~ ¹ßßÐë~Ö ¼ßëÝ ÀÛßë ß¾ßë ßìÀ ÊíîÉßÀ ~ÀëÝàÐß¾ßíëÝ ë~ v 08.11.2008 Ðßë Ðß Éß ßÀ ¼ßëÝ 100 ¹ßëàÐßÐß µËßßÞÖ ~ã ~¼ßã ~ã ß¨Ã (¹ß
µßä²ß¼ßæÃÉ¾ßßÞ~²ß ßìÀ ¶~ ¶~ ß¨Ã °ßÀß à²ßà±ß¾ßíëÝ ~íë à²ß~ßÉßë Ìßß²ßë ë~ ~ßÀ¢ß Ñäß. Ðß Éß ßÀ 24% Ñì)
ËßßÐ£ßËß ¼ßëÝ µßÀ Ëßà¢ßÃ£ß µßä²ß¼ßæÃÉ¾ßßÞ~²ß Ðßë àËß§ëÍßã ¼ßä§Æß àÀÌßËßÃ ¼ßëÝ 62% ~ã ~¼ßã ß¨Ã v àÀµßíë §À àËßàºß²²ß ½ßÀ¢ßíëÝ ¼ßëÝ ~¼ßã ~À 9% Ðßë 5% ßìÀ àÀËßÐßÃ àÀµßíë §À
Ìß¹ßà~ à²ßà±ß¾ßíëÝ ë~ à²ß~ßÉßë Ìßß²ßë Ðßë àËß§ëÍßã ¼ßä§Æß àÀÌßËßÃ ¼ßëÝ ¼ßß¥ß 38% ~ã ~¼ßã ß¨Ã. ¼ßß½ßÃ,2009 ë~ Þ£ß £ß~ ~¼ß ~À 6% Ðßë 3.5% à~¾ßß ß¾ßß.
1.4. ¼ßä§ßÆ ¹ßßÌßßÀ v ¼¾ßä¾ßæÉß ¶Þ~Êíë /²ß¹ßã¶~Ðßã / ½ß ¶~ Ðßã ~íë ~¢ß §ë²ßë ë~ àÉß ¹ßìÝ~íëÝ ~íë
µß²ßë ²ß ÊãÝ Öã Éß ~ß 1.5% £ß~ à£ßàÀ¬£ß ½ßÉßà²ßà±ß µßÆßµ£ß ~À²ßë ~ã
¼ßä§Æß ¹ßßÌßßÀ ¼ßëÝ ²ß~§ã µßÆËßßÑ ~ã ~¼ßã §ëÛßã ß¨Ã. àËß££ßã¾ß àÐßÐÖ¼ß ë~ ºßßßã§ßÀ ¾ß¦ßß ²ßä¼ßà£ß §ã ß¨Ã.
²ß ¹ßã ¶~ Ðßã ²ßëë à²ßà±ß ~ã ~ß¶~ã ~¼ßã ²ßäºßËß ~ã. ¼¾ßä¾ßäÉß ¶Þ~ÊíëÝ ~íë ºßã
µßÆà£ß§ß²ß ë~ ºßßÀ ~ß Ðßß¼ß²ßß ~À²ßß µßñÊß àÌßÐßë~ ¶~ÉßÐËßÂµß ¼¾ßä¾ßäÉß ¶Þ~Ê ¾ßæà²ßÖíëÝ ë~ v ¹ßìÝ~íëÝ ~íë è~àÏß ~¢ß ¼ßß¶~ã /~¢ß ÀßÑ£ß ¾ßíëÌß²ßß, 2008 ë~ £ßÑ£ß Á.25,000
~ÀíëñÊ ~ã ËßßµßÐßã.
µßÆ¹ßÞ±ß²ß £ßÑ£ß ßàÐ£ß ¼ßëÝ ~¼ßã §ëÛßã ß¨Ã. ²ß~§ã ~ã ~¼ßã ë~ µßÆ£¾ßä£ß£ßÀ ¼ßëÝ ºßßÀ£ßã¾ß
àÀÌßËßÃ ¹ßìÝ~ ²ßë Ðßã ßÀ ßÀ ¼ßëÝ 400 ¹ßëàÐßÐß µËßßÞÖ ~ã ~¼ßã ~ã ßìÀ Ðß Éß ßÀ v ¹ß~ß¾ßë Áµß¾ßë à²ß¾ßßÃ£ß ~¢ß ë~ à²ß¾ßßÃ£ß ~¢ß µßä²ßàËßÃ££ß ~ã µßß¥ß ÀßàÍß ~íë 15% Ðßë
¼ßëÝ 100 ¹ßëàÐßÐß µËßßÞÖ ~ã ~¼ßã ~ã. àÀµßíë ËßÞ àÀËßÐßÃ àÀµßíë §ÀßëÝ ¼ßëÝ ºßã ~Öíì£ßã ~ã ¹ßñÜß~À 50% ~À à§¾ßß ß¾ßß.
ß¨Ã. ²ß µßß¾ßíëÝ ~ß µßÆºßßËß ~íîÉß ¼ß²ßã §À µßÀ ßìÀ Ðßã¹ßãÉßßë µßÀ ºßã ²ßäºßËß v Ðß ¼ß ¨Ã Ðßë~ÖÀ ë~ à²ßà±ß¾ß²ß ~íë ßÐßß²ß ¹ß²ßß¾ßß ß¾ßß.
à~¾ßß ß¾ßß Ìßíë ¹¾ßßÌß §ÀíëÝ ¼ßëÝ ~Öíì£ßã ë~ ²ßäÂµß ²ßã½ßë ß ß¾ßß ¹ßßÌßßÀ ¼ßëÝ ½ßÉßà²ßà±ß v Ð¦ßßËßÀ ÐßÞµß§ß ë~ ~¢ß µßÀ ÌßíëàÛß¼ß ºßßÀ ~íë 150% Ðßë ~¼ß ~À 100% ~À
àÐ¦ßà£ß ¼ßëÝ ¼ßÑ£Ëßµßæ¢ßÃ Ðßä±ßßÀ Ñäß. à§¾ßß ß¾ßß.
1.5. ²¾ß ¶Æ~Þ ÖíëÝ µßÀ µßÆºßßËß : v ßËß~ ±ß²ßàËßµßÆëÏß¢ß ~íë ß~àÏßÃ£ß ~À²ßë ë~ àÉß ²ß ßÀ ß¨Ã Ìß¼ßßßëÝ ~ã
). Ðß~Éß §ëÍßã £µßß§ Ëßèà« : àËß££ßã¾ß ËßÏßÃ 2008-09 ë~ àÉß Ìßã Êã µßã ¹¾ßßÌß §ÀíëÝ ¼ßëÝ Ëßèà«.
àËß££ßã¾ß ËßÏßÃ ë~ µßÆßÀÞºß ¼ßëÝ µßÆß¬~àÉß£ß 8% ~ã Ëßèà« ~ã £ßäÉß²ßß ¼ßëÝ ³ßÖ~À 6.5% ÀÑ v è~àÏß ßìÀ Ðß ¼ß ¨Ã ßë¥ß ë~ µßÆ£¾ßß àßÆ¼ßíëÝ ~íë ¿íëñÊ, àÌß²ßë~ àÉß 0.25%
ß¾ßß Ñì ßì®íëàß~ Ëßèà« ¼ßëÝ à²ßÀÞ£ßÀ ¼ßÞ§ã ÌßßÀã ÀÑã àÌßÐßë~ ¶~ÉßÐËßÂµß à§Ðß¼¹ßÀ,2008 ~ß µßÆßËß±ßß²ß àËß®¼ßß²ß Ñì, Ðßºßã ¼ßß²ß~ ßàÐ£ß¾ßíëÝ µßÀ µßÆßËß±ßß²ß 0.40% £ß~ ~¼ß
Ðßë ßì®íëàß~ £µßß§²ß ë~ Ðßæ½ß~ßÞ~ ¼ßëÝ ~¼ßã ß£ßã ÀÑã . ~À à§¾ßß ß¾ßß Ñì.
¹ßã). à²ß¾ßßÃ£ß ËßÞ ß¾ßß£ß : à§Ðß¼¹ßÀ,2008 Ðßë ¼ßß½ßÃ, 2009 ë~ ¹ßã½ß à²ß¾ßßÃ£ß ¼ßëÝ v µßä²ßó ÐßÞÀà½ß£ß Ûßß£ßíëÝ ~íë ßàÐ£ß ËßßãÃ~À¢ß ¼ßëÝ ¼ßß²ß~ ÎÇíë¢ßã ¼ßëÝ ¹ß²ßß¾ßë ÀÛß²ßë ë~
à²ßÀÞ£ßÀ ~¼ßã §ëÛßã ß¨Ã. à²ß¾ßßÃ£ß ¼ßëÝ àµß¿Éßë ËßÏßÃ ~ã £ßäÉß²ßß ¼ßëÝ 33% ~ã ~¼ßã Ñä¨Ã. àÉß Ëßßà¢ßà¾ß~ Ð¦ßßËßÀ ÐßÞµß§ßßëÝ ~íë µßËßß§ß£¼ß~ / àÀ¾ßß¾ß£ß ÖÅãÖ¼ßëÝÖ à§¾ßß
ß¾ßß.
½ßßÉßæ àËß££ß ËßÏßÃ ë~ àÉß ä~Éß à²ß¾ßßÃ£ß ¾ßæ Ðß ÊíîÉßÀ168 à¹ßàÉß¾ß²ß ÀÑß Ìßíë àËß££ßã¾ß
ËßÏßÃ 2008-09 ë~ àÉß à²ß¾ßßÃ£ß Éß¾ß ¾ßæ Ðß ÊíîÉßÀ 200 à¹ßàÉß¾ß²ß ë~ Éß¾ß Ðßë ~¼ß v àËßµßà££ßßÆÐ£ß ßë¥ßíëÝ ¾ß¦ßß Ð¦ßßËßÀ ÐßÞµß§ß, à²ß¾ßßÃ£ß~íëÝ, ²ß ¹ßã ¶~ Ðßã ßìÀ Ðß ¼ß
¦ßß. à¶~Àºßã ½ßæïà~ ß¾ßß£ß ¼ßëÝ ºßã ~¼ßã Ñä¨Ã, Ë¾ßßµßßÀ ³ßßÖß ~¼ß ÀÑß. ¨Ã ë~ àÉß ½ßÉßà²ßà±ß µßìë~Ìß
§ëÍßã ¶ÆÞ~Ö ¼ßëÝ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ßìÀ ºßßÀ£ß ÐßÀ~ßÀ ²ßë àÐß£ß¼¹ßÀ,2008 Ðßë ßà¦ßÃ~ v Á.50,000 ~ÀíëñÊ Ðßë à±ß~ ~ã £ßã²ß àÐÖ¼ßäÉßÐß µßìë~ÌßíëÝ ~ã ³ßíëÏß¢ßß
¼ßÞ§ã ë~ µßÆºßßËß ~íë §æÀ ~À²ßë ë~ àÉß µßß¾ßíëÝ ~ã ³ßíëÏß¢ßß ~ã. àÐß£ß¼¹ßÀ, 2008 Ðßë v ºßßÀ£ß ÐßÀ~ßÀ ²ßë ÐßßËßÃÌßà²ß~ ßë¥ß ë~ ¹ßìÝ~íëÝ ~íë àÀì~àµßÖÉßßÌßëÍß²ß ë~ àÉß
ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ²ßë àÐßÐÖ¼ß ¼ßëÝ ½ßÉßà²ßà±ß ~íë Éßß²ßë ë~ àÉß Ðßã ßÀ ßÀ ßìÀ Á.20,000 ~ÀíëñÊ ßËßÞàÖ£ß à~¾ßß Ñì.
àÀµßíë §À ¼ßëÝ ~¼ßã ~ã. Ðßã ßÀ ßÀ ¼ßëÝ 400 ¹ßëàÐßÐß µËßßÞÖ ~ã ~¼ßã ßìÀ Ðß Éß 1.7. ¹ßìâÝ ~ß ®íëß ~ã µßÆËßèà££ß
ßÀ ¼ßëÝ 1% ~ã ~¼ßã ë~ ~ßÀ¢ß ä~Éß ÀßàÍß Á..4 ÉßßÛß ~ÀíëñÊ àÀÉßãÌß Ñä. ºßßÀ£ßã¾ß ºßßÀ£ß ¼ßëÝ ¹ßìÝâ~ß ßë¥ß ËßìàÍËß~ àËß££ßã¾ß ÐßÞ~Ö Ðßë ~ß¶~ã Ñ§ £ß~ ¿æ£ßß ÀÑß ¬¾ßíëÝà~
àÀÌßËßÃ ¹ßìÝ~ °ßÀß ³ßíëàÏß£ß ²¾ß µßß¾ßíëÝ ¼ßëÝ µßä²ßó ÐßÞÀ½ß²ßß µßìë~Ìß Ñì àÌßÐß¼ßëÝ ¹ßìÝ~íëÝ ~íë 31 ºßßÀ£ßã¾ß ¹ßìÝ~íëÝ ~ß Ðß¹ß µßÆß¼ß ¼ßíëÖÃßëÌß Ðß¼ßà¦ßÃ£ß µßÆà£ßºßæà£ß¾ßíëÝ ~ã ßëÀ ¬ÐßµßíëÌßÀ ¹ßÑä£ß
¼ßß½ßÃ, 2009 £ß~ µßä²ßó ÐßÞÀà½ß£ß ~¢ßíëÝ ~íë ÌßÃ~ ßàÐ£ß ë~ Âµß ¼ßëÝ ËßßãÃ~À¢ß ~À²ßë ~¼ß ÀÑß. £ß¦ßßàµß ä~¿ ºßßÀ£ßã¾ß ¹ßìÝ~, àÌß²ß~ã ÍßßÛßßÞ àËß§ëÍßíë ¼ßëÝ Ñì, Ðß¹ß µßÆß¼ß
~ã ²ßä¼ßà£ß §ã ß¨Ã Ñì. ¬ÐßµßíëÌßÀ ë~ ~ßÀ¢ß ²ß µßÀ ¦ßíëñÊß ÐßÀ µßñÊß. àËß§ëÍßã ~¢ß ¹ßßÌßßÀ ¼ßÞ§ µßñÊ ß¾ßß
ºßßÀ£ß ÐßÀ~ßÀ ²ßë Á.50,000 ~ÀíëÊ. Ðßë à±ß~ ë~ µßß¾ßíëÝ ~ã ³ßíëÏß¢ßß ~ã Ñì. Ðß¼ßëÝ ßìÀ ºßßÀ£ßã¾ß Þ~µßà²ß¾ßíëÝ ~íë ~¢ß ë~ àÉß §ëÍßã ¹ßßÌßßÀ ~ß ßÎÇß¾ß Éßë²ßß µßñÊß.
ÐßëÝÖÅÉß ËßëÉ¾ßæ ÊëÊ Öì¬Ðß ßìÀ ÐßëÝÖÅÉß ¬ÐßßÌß Êò¾ßææÖã Íßßà¼ßÉß Ñì àÌßÐß²ßë ßîÖíë ¼ßíë¹ßßÉß ¼ßß½ßÃ, 2009 ë~ Þà£ß¼ß ÍßäÆ~ËßßÀ ~ã àÀµßíëÖÃ ë~ ²ßäÐßßÀ Ðßºßã ²ßäÐßæà½ß£ß Ëßßà¢ßà¾ß~
ßìÀ Ðßã¼ßëÝÖ Ðßë¬ÖÀ ~íë ~ß¶~ã ¹ßñÜßËßß à§¾ßß . ß¨Ã ß¨Ã ¶~ Ðßã Éß ~íë ~À ¼ßä¬£ß ¹ßìÝ~íëÝ ~ã Ìß¼ßßßëÝ ¼ßëÝ 19.80% ~ã Ëßèà« Ñä¨Ã íìëÀ Á.38,30,322 ~ÀíëñÊ ÀÑß
Ìß¹ßà~ ~¢ß ¼ßëÝ 17.30% ~ã Ëßèà« Ñä¨Ã ßìÀ Á.27,70,012 ~ÀíëñÊ ÀÑß.ÐßÞ§ºßßÃ±ßã²ß
Ëßà±ß ë~ §íìÀß²ß à²ßËßëÍß ¼ßëÝ 20% ~ã Ëßèà« Ñä¨Ã ßìÀ Á.11,65,746 ~ÀíëñÊ ÀÑß.
12
indicating higher risk premium for corporate bonds. Banks Value Added Tax (Cenvat) and Central Excise duties which
had to provide for depreciation on their investment portfolio boosted automobile and cement sectors. Big boosts were
due to the rise in bond yields. also given to infrastructure sector by allowing India
Infrastructure Finance Company Limited (IIFCL) to raise tax
1.3. Foreign Exchange Market
free bonds and such other measures. It was also decided to
The Indian Rupee, which averaged at 40 to the U.S Dollar in allot 5% of forex reserves from the RBI kitty for infrastructure
the beginning of FY 2008-09 depreciated heavily and stood financing.
at INR50/U.S Dollar by the end of March '09, resulting in a 1.6. Measures announced by RBI and Government of
depreciation of 25 percent. The foreign exchange reserves India from April '08 onwards:
declined by U.S Dollar 57 billion compared to March '08
position. This was due to revaluation of non dollar currencies v CRR reduced by 400 bps from 9% at the end of Aug08 to
in the basket of currencies held and outflows due to pullout 5% by Jan09, in stages.
of funds by FIIs. In fact, revaluation effects explained as above v SLR reduced by 100 bps effective from 08.11.2008 (Now
has contributed to 62% of the decline in forex reserves while SLR stands at 24%).
outflows accounted for only 38% of the decline in forex v Repo rate reduced in stages from 9% to 5% and reverse
reserves. repo rate reduced from 6% to 3.5% by the end of
1.4. Money Markets March09.
v Banks allowed to avail additional liquidity support to the
There was liquidity crunch witnessed in the money market.
extent of 1.5% of NDTL to extend credit to Mutual Funds/
Participants in the financial system like NBFCs were facing
NBFCs/HFCs.
acute shortage of funds. Mutual Fund units also faced
redemption pressures which led to decline in the Assets under v Refund of Rs.25,000 crore under agriculture debt waiver
Management of Mutual Fund units. Responding to the liquidity & debt relief scheme 2008 to Banks announced.
shortage, RBI cut the Cash Reserve Ratio by 400 bps and v Eligible amount of export credit refinance facility enhanced
the Statutory Liquidity Ratio by 100 bps. Repo and reverse from 15% to 50% of the outstanding rupee export credit.
Repo rates were also cut. The effect of these measures was v SME segment funding made easier.
felt in the call money rate and Collateralised Borrowing &
v Risk weights on loans to real estate reduced to 100%, as
Lending Obligation (CBLO) rates which came down in line
against 150%.
with the interest rate cuts. Liquidity position in the market
also improved substantially. v Raising of interest rates on NRI deposits to attract inward
remittances.
1.5. Impact on other fronts
v Provision on all the standard assets reduced to 0.40%
a) Gross Domestic Product growth: GDP growth estimates for all types of advances except direct advances to
for the financial year 2008-09 is pegged at 6.5% compared agriculture and SME sector where it is 0.25%.
to the initial estimate of 8% growth in the beginning of FY v Exceptional/concessional treatment to retain the asset
2008-09. Industrial growth continued to slowdown with the classification of the restructured accounts in standard
Index of Industrial Production declining consecutively since category extended to commercial real estates.
December 08.
v Liquidity package for troubled sectors like real estate,
b) Exports and Imports: Exports witnessed a continuous exporters, NBFCs and SMEs.
decline from the month of December 08 and for the month of v Three stimulus packages amounting to more than
March 09, exports declined by 33% y-o-y. Total exports for Rs.50,000 crore announced.
the current financial year stood at US$168 billion, which was
v Government of India has earmarked Rs.20,000 crore
short of the export target of US$200 billion for the financial
towards recapitalization of Public Sector Banks.
year 2008-09. However, as the imports also declined, the
trade deficit was narrowed. 1.7. Banking Industry Trends
Banking sector in India emerged largely unharmed from the
In the domestic front, RBI and Government of India
global financial crisis since Indian Banks did not have much
announced measures to mitigate the impact of recession.
exposure to the sub prime mortgage backed securities.
From September '08 onwards, RBI has been reducing the
However, some Indian Banks with international presence
CRR and repo rate to infuse liquidity into the system. A total
suffered minor losses from sub prime exposures. Overseas
amount of Rs.4 lakh crore has been released due to the 400
credit markets dried up and Indian corporates had to resort
bps reduction in CRR as well as 1% reduction in SLR. Other
to domestic markets for credit.
measures announced by the RBI include restructuring
packages, permitting Banks to classify loans restructured till The Deposits of ASCBs grew by 19.80% and stood at
March 31, '09 as performing assets. Rs.38,30,322 crore while the Advances grew by 17.30% and
stood at Rs.27,70,012 crore as on the last reporting Friday
The Government of India announced measures to the tune of March '09. The investments increased by 20% and reached
of more than Rs.50,000 crore. This included a cut in Central Rs.11,65,746 crore during the period under reference.
13
Ðßºßã ²ßäÐßæà½ß£ß Ëßßà¢ßà¾ß~ ¹ßìÝ~íëÝ ~ß ~¢ß-Ìß¼ßß ²ßäµßß£ß 72.32% ÀÑß Ìß¹ßà~ àËß££ßã¾ß ËßÏßÃ 2008-09 ¼ßëÝ Á.13437.78 ~ÀíëñÊ Ñíë ß¾ßã Ìßíë 10.29% ~ã
à²ßËßëÍß Ìß¼ßß ²ßäµßß£ß 30.43% ÀÑß. Ëßèà« ~íë §ÍßßÃ£ßã Ñì.
1.8. ¹¾ßßÌß §À µßàÀ§èÍ¾ß - Ìß¼ßß ËßÞ ¹ßã ¼ß µßã Éß ßÀ §ÀëÝ v ¹ßìÝ~ ~ã ¼ßã¾ßß§ã Ìß¼ßßÞ Á.40736.59 ~ÀíëñÊ ÀÑãÝ.
²ßËß¼¹ßÀ,2008 £ß~ ¹ßìÝ~íëÝ °ßÀß ¼ßã¾ßß§ã Ìß¼ßßßëÝ µßÀ ½ß ¹¾ßßÌß §À à§¾ßë Ìßß²ßë ë~ II. Æë~àÊÖ ÊëàÉßËßÀã
~ßÀ¢ß Ìß¼ßßßëÝ ¼ßëÝ Ëßèà« Ñä¨Ã Ìßíë à±ß~ßÞÍß ¹ßìÝ~íëÝ ~ã~ à²ßà±ß Éßßß£ß ¼ßëÝ Ëßèà« ~íë §ÍßßÃ£ßß
v ¹ßìÝ~ ²ßë Æë~àÊÖ ÊëàÉßËßÀã ¼ßëÝ ¿ã Ëßèà« §ÍßßÃ¨Ã Ñì. Ðß~Éß ¹ßìÝ~ ~¢ß ¼ßëÝ Ëßèà« ë~
Ñì. £ß¦ßßàµß ²ßËß¼¹ßÀ,2008 Ðßë µßã Éß ßÀ ¼ßëÝ ~Öíì£ßã Ðßë ¹ßìÝ~íëÝ ²ßë ¼ßßàÌßÃ²ß ~ã Àßß
Ðßß¦ß 31.03.2008 ë~ Á.34556.57 ~ÀíëñÊ ¹ßñÜ~À 31.3.2009 ~íë
ë~ àÉß µß²ßã Ìß¼ßß §ÀíëÝ ¼ßëÝ ~¼ßã ~ã Ñì. ÐßÐßë Ìß¼ßß Éßßß£ß ßìÀ Ìß¼ßß à²ßà±ß ¼ßëÝ ~¼ßã
Á.44427.60 ~ÀíëñÊ Ñíë ß¾ßß Ñì. Ëßèà« §À 28.56% Ñì.
ß¨Ã. à±ß~ßÞÍß ÐßßËßÃÌßà²ß~ ßë¥ß ë~ ¹ßìÝ~íëÝ ~ã ¹ßã ¼ß µßã Éß ßÀ Ëß£ßÃ¼ßß²ß ¼ßëÝ
12%-12.50% ë~ ÀëÝÌß ¼ßëÝ Ñì Ìß¹ßà~ §ã Ìßß²ßëËßßÉßã à±ß~£ß¼ß Ìß¼ßß §À ~¼ß Ñíë~À v ¼ßß½ßÃ,2009 ë~ Þà£ß¼ß ÍßäÆ~ËßßÀ ~ã àÀµßíëàÖÄß ë~ ß±ßßÀ µßÀ è~àÏß ßë¥ß ë~ ~¢ß
7.5% £ß~ ß ß¾ßß Ñì.. ¼ßëÝ 11% ~ã Ëßèà« §ÌßÃ ~ã ßìÀ ¼ßß½ßÃ,2008 ë~ Þà£ß¼ß ÍßääÆ~ËßßÀ ~ã àÀµßíëÖÃ ë~
ß±ßßÀ µßÀ Á.6156.42 ~ÀíëñÊ Ðßë 31.03.2009 ~íë Á.6833.84 ~ÀíëñÊ
2. ¹ßìÝ ~ ë~ ~ß¾ßÃà²ßÏµßß§²ß ~ã ¼ßäÛ¾ß ¹ßß£ßëÝ ÀÑß.
v ËßÏßÃ 2008-09 ë~ àÉß ¼ßßÆ~íë, Éß³ßä ËßÞ ¼ß±¾ß¼ß ®¼ßíëÝ ~íë ~¢ß Á.5356.59
~ÀíëñÊ ÀÑß (Á.3989 ~ÀíëñÊ 31.3.2008 ~íë).
III. ÉßßºßµßÆ§£ßß
v àµß¿Éßë ËßÏßÃ ë~ Á.1056.94 ~ã £ßäÉß²ßß ¼ßëÝ 21.86% ~ã Àë~ßÊÃ Ëßèà« ë~ Ðßß¦ß
µßàÀ½ßßÉß²ß Éßßºß Á.1288.03 ~ÀíëñÊ ÀÑß .
v à²ßËßÉß Éßßºß 13.46% ~ã Ëßèà« §À §ÌßÃ ~À£ßë Ñä ¼ßß½ßÃ,2008 ë~ Á.575.57
~ÀíëñÊ Ðßë ¹ßñÜ~À Á. 653.05 ~ÀíëñÊ Ñíë ß¾ßß.
v ¼ßß½ßÃ,2009 ë~ Þ£ß £ß~ à²ßËßÉß Éßßºß ¹ßñÜ~À Á.1626.91~ÀíëñÊ Ñíë ß¾ßß.
IV. ßàÐ£ß ßä¢ßËß££ßß
v Ðß~Éß àßÆ¼ß ²ßäµßß£ß ¼ßëÝ Ðß~Éß ²ß µßã àµß¿Éßë ËßÏßÃ ë~ 1.07% Ðßë Ðßä±ßßÀ
Ñíë~À 0.83% ÀÑß ßíìÀ ¼ßß¥ßßËßßÀ Ðß~Éß ²ß µßã ³ßÖ~À 31.03.2008
ë~ Á.372.43 ~ÀíëÊ. Ðßë ¼ßß½ßÃ,2009 ~ã Ðß¼ßßàµ£ß µßÀ Á.368.14 ~ÀíëÊ.
àËß££ßã¾ß ËßÏßÃ 2008-09 ë~ §íììÀß²ß ß²±ßÆßÆ ¹ßìÝ~ ~ß Ë¾ßËßÐßß¾ß àµß¿Éßë àËß££ßã¾ß ËßÏßÃ
ÀÑß. à²ßËßÉß àßÆ¼ß ë~ µßÆà£ß à²ßËßÉß ²ß µßã ~ß ²ßäµßß£ß 31.03.2009 ~íë
(2007-08) ë~ Á. 83993 ~ÀíëñÊ Ðßë ¹ßñÜ~À Á.1,03,818 ~ÀíëñÊ Ñíë ß¾ßß ßìÀ
0.18% ÀÑß .
23.60% ~ã ËßßàÏßÃ~ Ëßèà« §ÌßÃ ~ã.
V. µßæÌï ßã µß¾ßßÃµ£ß£ßß
I. Ìß¼ßß ÐßÞßÆÑ¢ß
v ¹ßìÝ~ ~ã µßæïÌßã µß¾ßßÃµ£ß£ßß ²ßäµßß£ß (Ðßã ßÀ ßÀ) (¹ßëÐßÉß-II) 31.03.2008
v 31.03.2008 ~ã ä~Éß Ìß¼ßß ¼ßëÝ 20.13%~ã Ëßèà« ë~ Ðßß¦ß Á..49436.55
ë~ 11.61% ë~ µßÆà£ß 31.03.2009 ~íë 13.22% ÀÑß. .
~ÀíëñÊ Ðßë 31.03.2009 ~íë Á.59390.02 ~ÀíëñÊ ÀÑß..
v ÐßÞßÆàÑ£ß ä~Éß Ìß¼ßßßëÝ ¼ßëÝ Ðßë Éµß Éßßß£ß Ìß¼ßßÞ (½ßßÉßæ ËßÞ ¹ß½ß£ß ¹ßìÝ~ Ìß¼ßßÞÞ)
3. Ë¾ßËßÐßß¾ß Ðß¼ßãßß
Á.18653.43 ~ÀíëñÊ ÀÑß Ìßíë ÐßÞßÆàÑ£ß ä~Éß Ìß¼ßßßëÝ ~ß 31.41% Ñì. ~ßÐßß ¹ßìÝ~ ~ß ä~Éß Ë¾ßËßÐßß¾ß (Ìß¼ßß µÉßÐß Ðß~Éß ¹ßìÝ~ ~¢ß) 23.60% ~ã Ëßèà« ë~ Ðßß¦ß
Ìß¼ßßÞ Á.16593.84 ~ÀíëñÊ ÀÑã ßìÀ ËßÏßÃ 2007-08 ~ã ä~Éß Ìß¼ßßßëÝ ~ß 31.03.2008 ë~ Á.83993.12 ~ÀíëñÊ Ðßë ¹ßññÜ~~À 31.03.2009 ~íë
33.57% Ñì. Á.1,03,817.62 ~ÀíëñÊ Ñíë ß¾ßß. ¾ßÑ ËßÏßÃ 2007-08 Ðßë 20.53% ~ã Ëßèà«
§ÌßÃ ~À ÍßãÏßÃ µßÀ ÀÑß.
v ½ßßÉßæ Ìß¼ßßÞ 31.03.2008 ë~ Á.4409.66 ~ÀíëñÊ Ðßë ¹ßñÜ~À 31.03.2009
~íë Á.5215.65 ~ÀíëñÊ Ñíë ß¾ßã Ìßíë 18.28% ~ã Ëßèà« §ÍßßÃ£ßã Ñì.
v ¹ß½ß£ß ¹ßìÝ~ Ìß¼ßßÞ àËß££ßã¾ßËßÏßÃ 2008 ë~ Á.12184.18 ~ÀíëñÊ Ðßë ¹ßñÜ~À
14
The Credit Deposit Ratio of ASCBs stood at 72.32% while v Savings Bank deposits increased to Rs.13,437.78 crore
Investment Deposit Ratio was 30.43%. in FY 2008-09 from Rs.12,184.18 crore in FY08, which
is a growth of 10.29 %.
1.8. Interest rate scenario- Deposit and BMPLR rates
v Term deposits of the Bank stood at Rs.40,736.59 crore.
The high interest rates offered by Banks on term deposits till
Nov08 led to inflow of deposits which also saw cost of funds II. Credit Delivery
on the rise for most of the Banks. However, tracking the cuts
v The Bank has shown a good growth in credit delivery.
in PLRs from Nov08 onwards, Banks have reduced their
Gross Bank Credit increased by 28.56% from
deposit rates also to protect margins. This led to decline in
Rs.34,556.57 crore as on 31.3.'08 to Rs.44,427.60 crore
cost of deposits and cost of funds. BMPLRs of most Public
as on 31.3.'09.
Sector Banks are currently in the range of 12%-12.50% while
maximum deposit rates offered have come down to 7.5% v Credit to agriculture sector registered an increase of 11%
mark. as on the last reporting Friday of March09 and stood at
Rs.6,833.84 crore against Rs.6,156.42 crore as on the
2. PERFORMANCE HIGHLIGHTS OF THE BANK
last reporting Friday of March 08.
v Credit to Micro Small and Medium Enterprises stood at
Rs.5,356.59 crore for the year 2008-09 (Rs.3,989 crore
as on 31.3.'08).
III. Profitability
v Operating Profit stood at Rs.1,288.03 crore compared to
Rs.1,056.94 crore in the previous year, recording a growth
rate of 21.86%.
v Net Profit improved to Rs.653.05 crore as at the end of
Mar09 against Rs.575.57 crore as at the end of Mar08,
registering a growth rate of 13.46%
v Net Interest Income stood at Rs.1,626.91crore as at the
end of Mar 09.
IV. Asset Quality
v Gross NPAs to gross Advances ratio improved to 0.83%
During the financial year 2008-'09, Andhra Banks Business
from 1.07% in the previous year and quantum wise, Gross
increased to Rs.1,03,818 crore from Rs.83,993 crore in the
NPAs came down to Rs.368.14 crore as on 31.03.09 from
previous financial year (2007-'08), recording an annual growth
Rs.372.43 crore as on 31.03.'08. The Net NPAs as a
rate of 23.60%.
percentage to Net Advances stood at 0.18% as on
I. Resource Mobilisation: 31.03.'09.
v There was an increase in total deposits by 20.13% from V. Capital Adequacy
Rs.49,436.55 crore as on 31.03.'08 to Rs.59,390.02 crore
v Capital Adequacy Ratio (Basel-II) of the Bank (CRAR)
as on 31.03.'09.
stood at 13.22% as on 31.03.'09, as against 11.61% as
v Out of the Total deposits mobilized, low cost deposits on 31.3.'08.
(Current and Savings Bank deposits) stood at
3. BUSINESS REVIEW
Rs.18,653.43 crore, representing 31.41% of the total
deposits mobilized. CASA deposits were Rs.16,593.84 The Total Business (Deposits plus Gross Bank Credit) of the
crore and constituted 33.57% of the total deposits in the Bank registered a growth of 23.60% from Rs.83,993.12 crore
year 2007-08. as on 31.3.'08 to Rs.1,03,817.62 crore as on 31.3.'09. This
was on top of 20.53% growth recorded in year 2007-'08.
v Current deposits increased from Rs.4,409.66 crore as on
31.3.'08 to Rs.5,215.65 crore as on 31.3.'09, which is an
increase of 18.28%
15
3.1. Ðß¼ßßÆ Ìß¼ßßÞ ÐßßÀ¢ßã 6: Ðß~Éß Ìß¼ßßßëÝ ~ß ßë¥ßËßßÀ ËßßãÃ~À¢ß

Ðß¼ßßÆ Ìß¼ßßßëÝ ¼ßëÝ (Þ£ßÀ ¹ßìÝ~ Ìß¼ßßßëÝ ~íë ¿íëñÊ~À) 20.04% ~ã Ëßèà« §ÌßÃ ~ã
ßìÀ 31.03.2008 ë~ Á..49,317.29 ~ÀíëñÊ Ðßë ¹ßññÜ~À 31.03.2009 ~íë
Á..59,201.51 ~ÀíëñÊ Ñíë ß¾ßß. Ðß¼ßßÆ Ìß¼ßßßëÝ ¼ßëÝ Á.5,115.86 ~ÀíëñÊ ~ã ½ßßÉßææ
Ìß¼ßßÞ, Á.13,437.78 ~ÀíëñÊ ~ã ¹ß½ß£ß ¹ßìÝ~ Ìß¼ßßÞ ßìÀ Á.40,647.87 ~ÀíëñÊ
~ã ¼ßã¾ßß§ã Ìß¼ßßÞ Íßßà¼ßÉß ÑìÝ.
ÐßßÀ¢ßã 5: Ðß~Éß Ìß¼ßßßëÝ ~ß ÎÇí¢ë ßãËßßÀ ËßßãÃ~À¢ß
(Á. ~ÀíëñÊ ¼ßëÝ, µßÆà£ßÍß£ßíëÝ ~íë ¿íëñÊ~À)

Æ~¼ß ÐßÞÛ¾ßß ÍßßÛßßßëÝ ~ã ÎÇíë¢ßã ÀßàÍß ä~Éß ~ß %
(Á. ~ÀíëñÊ ¼ßëÝ, µßÆà£ßÍß£ßíëÝ ~íë ¿íëñÊ~À) 1 ßÆß¼ßã¢ß 4313.21 (20.51%) 7.29
Æ~¼ß ÐßÞÛ¾ßß Ìß¼ßßßëÝ ë~ µßÆ~ßÀ ÀßàÍß Ðß¼ßßÆ Ìß¼ßßßëÝ ~ß µßÆà£ßÍß£ß
2 ±ßÃÍßÑÀã 11010.85 (13.49%) 18.60
1 ½ßßÉßæ Ìß¼ßßÞ 5115.86 8.64
3 ÍßÑÀã 15142.40 (15.44%) 25.58
2 ¹ß½ß£ß ¹ßìÝ~ Ìß¼ßßÞ 13437.78 22.70
4 ¼ßëÖÅíë 28735.05 (25.38%) 48.53
3 ¼ßã¾ßß§ã Ìß¼ßßÞ 40647.87 68.66
5 ä~Éß (1+2+3+4) 59201.51 (20.04) 100
4 ä~Éß (1+2+3) 59201.51 100.00
(20.04%) ²ßíëÖ: ( ) ë~ ßÞ~ññÊë àµß¿Éßë ËßÏßÃ µßÀ ËßßàÏßÃ~ Ëßèà« ~íë §ÍßßÃ£ßß Ñì
²ßíëÖ: ( ) ë~ ßÞ~ññÊë àµß¿Éßë ËßÏßÃ µßÀ ËßßàÏßÃ~ Ëßèà« ~íë §ÍßßÃ£ßß Ñì
31.03.2009 ë~ ßß±ßßÀ µßÀ Ðß¼ßßÆ Ìß¼ßßßëÝ (ä~Éß Ìß¼ßß - Þ£ßÀ ¹ßìÝ~ Ìß¼ßß) ë~
ßë¥ßËßßÀ àËß£ßÀ¢ß ~íë ÐßßÀ¢ßã 6 ¼ßëÝ §ÍßßÃ¾ßß ß¾ßß Ñì.
16
3.1. Aggregate deposits Table 6: Area-wise classification of Aggregate deposits

Aggregate Deposits (excluding inter Bank deposits) registered
a growth of 20.04% from Rs.49,317.29 crore as on 31.3.'08
to Rs.59,201.51 crore as on 31.3.'09. Aggregate deposits
include Rs.5,115.86 crore of current deposits, Rs.13,437.78
crore of savings Bank deposits and Rs.40,647.87 crore of
term deposits.
Table 5: Category-wise classification of Aggregate
deposits
(Rs. in crore, except for percentages)

S.No. Category of branches Amount % to total
(Rs. in crore, except for percentages)
1 Rural 4313.21 (20.51%) 7.29
Sl. Type of Deposits Amount Percentage of
2 Semi-Urban 11010.85 (13.49%) 18.60
No. total deposits
1 Current Deposits 5115.86 8.64 3 Urban 15142.40 (15.44%) 25.58
2 Savings Bank Deposits 13437.78 22.70 4 Metro 28735.05 (25.38%) 48.53
3 Term Deposits 40647.87 68.66 5 TOTAL (1+2+3+4) 59201.51 (20.04%) 100

4 TOTAL (1+2+3) 59201.51 100.00 Note: Figures in ( ) indicate annual growth rate over the
(20.04%) previous year
Note: Figures in ( ) indicate annual growth rate over previous year
Area-wise distribution of aggregate deposits (total deposits less

inter-Bank deposits) as on 31.3.'09 is set forth in Table 6:
17
3.2 àßÆ¼ß µßßàÀºßßàÏß£ß à~¾ßß ß¾ßß Ñì), ¹ßìÝ~ ~ß µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß ~íë ~¢ß 43.28%ÀÑß
àßÆë¼ß (Ðß~Éß ¹ßìÝ~ ~¢ß) 28.56% ~ã Ëßèà« ë~ Ðßß¦ß 31.03.2008 ë~ ¾ßÑ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ ¼ßß²ß§ÞÊ Ðßë à±ß~ Ñì, ¹ßìÝ~íëÞ ë~ àÉß µßÆß¦ßà¼ß~£ßß µßÆßµ£ß
Á.34,556.57 ~ÀíëñÊ Ðßë ¹ßñÜ~À 31.3.2009 ~íë Á.44,427.60 ~ÀíëñÊ Ñíë ßë¥ß ~íë ~¢ß Ðß¼ßß¾ßíëàÌß£ß à²ßËßÉß ¹ßìÝ~ ~¢ß ~ß ²¾ßæ²ß£ß¼ß 40% Ñíë²ßß Ñì.
ß¾ßß. ßìÀ Ûßß® ~¢ß ¼ßëÝ 29.24% ~ã Ëßèà« ë~ Ðßß¦ß àµß¿Éßë ËßÏßÃ ~ã Ðß¼ßßàµ£ß ë~ 3.2.1.2. è~àÏß ~¢ß ¼ßß¶~ã ¾ßíëÌß²ßß,2008 ë~ Þ£ßßÃ£ß Á.746.19 ~ÀíëñÊ ~ã
Á.33,675.51 ~ÀíëñÊ Ðßë ¹ßñÜ~À Á.43,521.82 ~ÀíëñÊ Ñíë ß¾ßß. è~àÏß, Ðß.¼ß.¨Ã ¼ßß¶~ã ~ã ß¨Ã . Ðß¼ßëÝ Ðßë ºßßÀ£ß ÐßÀ~ßÀ Ðßë µßÆ¦ß¼ß à~Ð£ß ë~ Âµß ¼ßëÝ Á.306.52
ßìÀ ¹ßñÊë ®íëßíëÝ ~íë Ðß~Éß ~¢ß ~ß Æ~¼ßÍßó 15.38%, 12.06% ßìÀ 31.01% ~ÀíëñÊ µßÆßµ£ß Ñäß..
à§¾ßß ß¾ßß . àµß¿Éßë ËßÏßÃ ~ã ºßßÞà£ß ¹ßìÝ~ ²ßë µß²ßë µßÆß¦ßà¼ß~£ßß ßë¥ß ë~ ~¢ß Éß¾ß ~íë 3.2.1.3. ËßÏßÃ 2008-09 ë~ §íìÀß²ß ä~Éß 170850 à~Ðßß²ßíëÝ ~íë ¹ßìÝ~ ë~ ¶~íëÉÊ
µßÆßµ£ß ~À àÉß¾ßß Ñì àÌßÐß¼ßëÝ è~àÏß ºßã Íßßà¼ßÉß Ñì ßìÀ ¼ß Ðß ¼ß ¨Ã ßë¥ß ë~ Éß¾ß ¼ßëÝ Éßß¾ßß ß¾ßß Ìß¹ßà~ Éß¾ß 80100 à~Ðßß²ßíëÝ ~ß ¦ßß. Ðß¼ßëÝ Ðßë ~ßÍ£ß~ßÀã à~Ðßß²ß
~íë ºßã µßÆßµ£ß ~À àÉß¾ßß Ñì. ~ß µßÆà£ßÍß£ß 3.45% Ñì Ìß¹ßà~ àËß££ß ¼ßÞ¥ßßÉß¾ß ~ß Éß¾ß 2.50% Ñì. ¹ßìÝ~ ²ßë ËßÏßÃ ë~
à²ß¼²ßßÞà~£ß ÐßßÀ¢ßã ¹ßìÝ~ ë~ àßÆ¼ß ÐßÞºßßß ë~ Ë¾ßßµß~ ËßßãÃ~À¢ß ~íë §ÍßßÃ£ßß Ñì. §íìÀß²ß ÖÅì¬ÖÀ à²ß¼ßßÃ£ßß Þ~µßà²ß¾ßíëÝ Ðßë ¼ß ßë ¾ßæ à~¾ßß ßìÀ Á.84.50 ~ÀíëñÊ ¼ßæÉ¾ß
ë~ 2,100 Ðßë à±ß~ ÖÅì¬ÖÀ àËß£ßàÀ£ß à~¾ßë. ¹ßìÝ~ ²ßë ËßÏßÃ 2008-09 ë~ §íìÀß²ß 6
ÐßßÀ¢ßã 7: àßÆ¼ß ÐßÞºßßß ~ß ËßßãÃ~À¢ß ÉßßÛß ~ßÊíëÄ ë~ Éß¾ß ë~ µßÆà£ß 6.43 ÉßßÛß µßÖòÖßàºß ßÆã ~ßÊÃ ÌßßÀã à~¾ßß
3.2.1.4. ¹ßìÝ~ ²ßë Á.5430 ~ÀíëñÊ ë~ ä~Éß ß±ßßÀºßæ£ß Ð£ßÀ ë~ ÐßÞàËß£ßÀ¢ßíëÝ £ßÑ£ß
ÎÇíë¢ßã 31.03.08 31.03.09 Ëßèà« % Á.176.39 ~ÀíëñÊ Êë¹Ö ÐËßìµß £ßÑ£ß ÐßÞàËß£ßàÀ£ß à~¾ßß Ìßíë 3.25% Ñì Ìß¹ßà~ àËß££ß
1. Ûßß® ~¢ß 881.06 905.78 2.81 ¼ßÞ¥ßßÉß¾ß ßìÀ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ~ß à²ß§ëÍß 3%¦ßß. Àì£ßä à¼ß¥ß Ðß¼ßæÑ ~ã ÐßÞ~Éµß²ßß
~íëÝ Éßíë~àµßÆ¾ß ¹ß²ßß¾ßß ß¾ßß ßíìÀ 5600 Ðßë à±ß~ Ðß¼ßæÑíëÝ ~íë Á.80.14 ~ÀíëñÊ ~ß
2 ßìÀ-Ûßß® ~¢ß (2.1 Ðßë 2.4) àËß££ßµßíëÏß¢ß à~¾ßß ß¾ßß. à~Ðßß²ßíëÝ ë~ ¹ßã½ß £ß~²ßã~ã ~íë Éßíë~àµßÆ¾ß ¹ß²ßß²ßë ë~ àÉß
2.1 è~àÏß ßë¥ß ~íë àßÆ¼ß 5998.35 6685.58 11.46 150 Ðßë à±ß~ à~Ðßß²ß ¼ßëÉßß ß¾ßßàÌß£ß à~¾ßë ß¾ßë. à~Ðßß²ß ¼ßëÉßíëÝ ~ß ß¾ßíëÌß²ß
²ßäÐßÞ±ßß²ß ë~²§Æíë ßìÀ µßÆàÍßß¢ß ÐßÞÐ¦ßßßëÝ ë~ ÐßÑ¾ßíëß Ðßë ºßã ß¾ßíëàÌß£ß à~¾ßß ß¾ßß.
2.2 ¼ß Ðß ¼ß ¨Ã ßë¥ß 3988.79 5356.59 34.29 ÐßßÀ¢ßã 8: µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß ~íë ~¢ß (¼ßß½ßÃ, 2009 ë~ Þà£ß¼ß
~íë àßÆ¼ß Íßä~Æ ËßßÀ ~ã àÀµßíëÖÃ ë~ ß±ßßÀ µßÀ)
2.3 ¹ßñÊë ®íëßíëÝ ~íë àßÆ¼ß 7833.18 13775.43 75.86 (Á. ~ÀíëñÊ ¼ßëÝ, µßÆà£ßÍß£ßíëÝ ~íë ¿íëñÊ~À)
2.4 ²¾ß àßÆ¼ß 15855.19 17704.22 11.66 ÎÇí¢ë ßã 2008-09
1. µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß ~íë àßÆ¼ß (2 Ðßë 8) 14955.42
~Ðß~Éß ¹ßìÝ~ ~¢ß (1+2) 34556.57 44427.60 28.56
2. è~àÏß (2.1 + 2.2) 6833.84
àÌßÐß¼ßëÝ Ðßë µßÆß¦ßà¼ß~£ßß 13297.56 14955.42 12.47 2.1 è~àÏß ~¢ß 6685.58
µßÆßµ£ß ßë¥ß ~íë ~¢ß 2.2 µßß¥ß à²ßËßëÍß 148.26
3.2.1 µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß ~íë ~¢ß 3. Éß³ßä ®¼ß 3341.10
4. Ûßä§Àß Ë¾ßßµßßÀ 323.85
5. ¼ßßÆ~íë ~¢ß 255.47
6. Íßììëàß~ ~¢ß 1390.83
7. ßËßßÐß ~¢ß (µßÆ£¾ßß àËß££ß ÐßàÑ£ß) 2810.33
¼ßë¼ßíë ßÖ¼Ðß
I. µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß ~íë ~¢ß (%) 43.28
II. è~àÏß ~íë àßÆ¼ß (%) 19.78
3.2.1.1. ¹ßìÝ~ ~ß µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß ~íë ~¢ß ¼ßß½ßÃ,2009 ë~ Þà£ß¼ß ÍßäÆ~ËßßÀ
~ã àÀµßíëÖÃ ë~ ²ßäÐßßÀ ¹ßñÜ~À Á.14955.42 ~ÀíëñÊ Ñíë ß¾ßß Ñì Ìß¹ßà~ ¼ßß½ßÃ,2008
ë~ Þà£ß¼ß ÍßäÆ~ËßßÀ ~íë Á.13297.56 ~ÀíëñÊ ¦ßß ¦ßßÃ£ß 12.47% ~ã ËßßàÏßÃ~
Ëßèà« Ñä¨Ã. Ðß¼ßß¾ßíëàÌß£ß à²ßËßÉß ¹ßìÝ~ µßÆà£ßÍß£ß ë~ ²ßäÐßßÀ (ÌßìÐßß à~ ºßß.àÀ.¹ßìÝ~ °ßÀß
18
3.2 Advances 3.2.1.2. An amount of Rs.746.19 crore was waived under

Advances (Gross Bank Credit) increased by 28.56% from Agriculture Debt Waiver Scheme, 2008. Of this, Rs.306.52
Rs.34,556.57 crore as on 31.3.'08 to Rs.44,427.60 crore as crore was received as the first installment from Govt. of India.
on 31.3.'09. Non-food credit increased by 29.24% to 3.2.1.3. A total of 170850 farmers were added into the Banks
Rs.43,521.82 crore from Rs.33,675.51 crore as at the end of fold during 2008-'09 as against the target of 80100 farmers.
the previous year. Credit to agriculture, SME and large Of this, tenant farmers work out to 3.45% as against Ministry
industries constituted 15.38%, 12.06% and 31.01% of Gross of Finance directive to cover 2.50% of tenant farmers out of
Bank Credit respectively. Like in the previous years, Bank total new farmers added in the year.The Bank has also
achieved its priority sector lending targets including those entered into MOU with Tractor manufacturing companies
under agriculture and also achieved the target under lending during the year and more than 2,100 tractors were disbursed
to MSME sector. amounting to Rs.84.50 crore. The Bank has issued 6.43 lakh
The following table sets forth the broad classification of the Pattabhi Agri Cards, as against the target of 6 lakh cards to
advances portfolio of the Bank be issued during 2008-09.
Table 7: Classification of advances portfolio 3.2.1.4. Bank has disbursed an amount of Rs.176.39 crore
(Rs. in crore, except for percentages) under debt Swap of the total ground level disbursements of
Rs.5430 crore, which works out to 3.25% as against the MOF/
Category 31.03.08 31.03.09 Growth
RBI directive of 3%.The concept of Rythu Mitra groups is
%
popularized and more than 5600 groups were financed
1. Food Credit 881.06 905.78 2.81
amounting to Rs.80.14 crore. To popularize technology among
2 Non-Food Credit (2.1 to 2.4)
farmers, more than 150 Farmers Meets were also conducted
2.1 Advances to Agricultural Sector 5998.35 6685.58 11.46
with the help of Research Centres and Training institutions.
2.2 Advances to MSME sector 3988.79 5356.59 34.29
Table 8: Priority sector lending (as on Last reporting
2.3 Advances to Large Industries 7833.18 13775.43 75.86
Friday of Mar09)
2.4 Other Advances 15855.19 17704.22 11.66 (Rs. in crore, except percentages)
GROSS BANK CREDIT (1+2) 34556.57 44427.60 28.56 Category 2008-09
Of which, Lending to Priority sector 13297.56 14955.42 12.47 1. Priority sector advances (2 to 8) 14955.42
2. Agriculture (2.1 + 2.2) 6833.84
3.2.1 Priority Sector Lending
2.1 Agriculture loans 6685.58
2.2 Eligible investments 148.26
3. Small enterprises 3341.10
4. Retail Trade 323.85
5. Micro credit 255.47
6. Educational Loans 1390.83
7. Housing Loans (including indirect finance) 2810.33
Memo items
I. Priority sector advances (%) 43.28
II. Agriculture advances (%) 19.78
3.2.1.1. The Banks priority sector lending increased to

Rs.14,955.42 crore as on last reporting Friday of March '09
from Rs.13,297.56 crore as on the last reporting Friday of
March '08, i.e., an annual increase of 12.47%. As a percentage
to adjusted net Bank credit (as defined by RBI), priority sector
advances of the Bank stood at 43.28%. This is above the
RBIs norm for Banks priority sector advances to be minimum
of 40% of Adjusted Net Bank Credit.
19
µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß £ßÑ£ß è~àÏß ~íë ~¢ß ¼ßß½ßÃ,2009 ë~ Þà£ß¼ß ÍßäÆ~ËßßÀ ~ã 3.2.6 ¼ßßÆ~íë, Éß³ßä ËßÞ ¼ß±¾ß¼ß ®¼ßíëÝ ~íë ~¢ß (¼ß Ðß ¼ß ¨Ã)
àÀµßíëÖÃ ë~ ²ßäÐßßÀ ¹ßñÜ~À Á.6833.84 ~ÀíëñÊ Ñíë ß¾ßß Ñì Ìß¹ßà~ 31.03.2008 ¹ßìÝÞ~ ²ßë ¼ß Ðß ¼ß ¨Ã ßëë¥ß µßÀ ±¾ßß²ß ë~à²§Æ£ß à~¾ßß Ñì. ¹ßìÝ~íëÝ ~íë ÐßÉßßÑ §ã ß¨Ã Ñì
ë~ Þà£ß¼ß Íßä~Æ ËßßÀ ~ã àÀµßíëÖÃ ë~ ²ßäÐßßÀ Á.6156.42 ~ÀíëÊñ ¦ßß. Ðß¼ßëÝ Á.6685.58 à~ Ëßë ¼ß Ðß ¼ß ¨Ã ßë¥ß ¼ßëÝ àßÆ¼ß ¼ßëÝ Ëßèà« ë~ àÉß ÐËß¾ßÞ Éß¾ß à²ß±ßßÃàÀ£ß ~ÀëÝ
~ÀíëñÊ ~ß è~àÏß ~¢ß ºßã Íßßà¼ßÉß Ñì (àµß¿Éßë ËßÏßÃ ¼ßëÝ Á.5998.35 ~ÀíëñÊ ¦ßß) ßìÀ £ßßà~ µßÆà£ß ËßÏßÃ 20% ë~ ²¾ßæ²ß£ß¼ß Éß¾ß ~íë µßÆßµ£ß à~¾ßß Ìßß Ðßë~ £ßßà~ 5 ËßÏßíëÄ ~ã
µßß¥ß à²ßËßëÍß Á.148.26 ~ÀíëñÊ (àµß¿Éßë ËßÏßÃ Á.158.07 ~ÀíëñÊ ¦ßß).ËßÏßÃ 2008- Ëßà±ß ë~ Þ§À ¦ßßÃ£ß 2005-06 Ðßë 2009-10 £ß~ ¼ß Ðß ¼ß ¨Ã ë~ ~¢ß
09 ë~ §íìÀß²ß è~àÏß ßë¥ß ~íë ~¢ß Ðß¼ß¾ßíëàÌß£ß à²ßËßÉß ¹ßìÝ~ ~¢ß ~ß 19.78% Ñì µßÆËßßÑ ~íë §äßä²ßß ~À²ßë ~ß Éß¾ß µßÆßµ£ß à~¾ßß Ìßß Ðßë~. ¹ßìÝ~ ¹ßÀß¹ßÀ Ðß ßë¥ß µßÀ
(ºßßàÀ¹ßìÝ ¼ßß²ß§ÞÊ18%) ¹ßìÝ~ ë~ è~àÏß àßÆ¼ßíëÝ ë~ £ßÑ£ß ßÆßÑ~ ß±ßßÀ 1 à¼ßàÉß¾ß²ß ~íë ÌßíëÀ §ë ÀÑß Ñì. µßàÀ¢ßß¼ßÐËßÂµß ¼ß Ðß ¼ß ¨Ã ~íë ~¢ß ½ßßÀ ËßÏßÃ ¼ßëÝ Ñã §äßä²ßß Ñíë~À
µßßÀ ~À ß¾ßß. 31.03.2005 ë~ Á.1,915 ~ÀíëñÊ Ðßë ¹ßñÜ~À 31.03.2009 ~íë Á.5356.59
3.2.2 ~¼ßÌßíëÀ ËßßßÃÝë ~íë ~¢ß ~ÀíëñÊ Ñíë ß¾ßß íìÀ 29.33%.~ã ËßßàÏßÃ~ ½ßÆ~Ëßèà« §ÌßÃ ~ã. ¼ß Ðß ¼ß ¨Ã
~¼ßÌßíëÀ ËßßßÃëÝ ë~ Þ£ßßÃ£ß ~¢ß~£ßßÃßëÝ ë~ ~¢ß ¼ßëÝ 47.45% ~ã Ëßèà« ë~ Ðßß¦ß ßë¥ß ¼ßëÝ ¼ßàÑÉßß ~¢ß~£ßßÃßëÝ ~íë µßÆíë£ÐßßàÑ£ß ~À²ßë ë~ §ò§ëÍ¾ß Ðßë ¹ßìÝ~ ¹¾ßßÌß §À ¼ßëÝ
31.03.2009 ~íë Á.4891 ~ÀíëñÊ Ñíë ß¾ßß Ìß¹ßà~ 31.03.2008 ~íë Á.3317 0.50%~ã àÀ¾ßß¾ß£ß §ë ÀÑß Ñì. ¹ßìÝ~ ²ßë 31.03.2009 ~íë Ðß¼ßßµ£ß àËß££ßã¾ß ËßÏßÃ
~ÀíëñÊ ¦ßß. ¹ß ~¼ßÌßíëÀ ËßßíëÄ ~íë ~¢ß ~ß ºßßß Ðß¼ßß¾ßíëàÌß£ß à²ßËßÉß ¹ßìÝ~ ~¢ß ~ß ë~ §íìÀß²ß 13706 ¼ß Ðß ¼ß ¨Ã Ûßß£ßíëÝ ~ß µßä²ßó à²ß±ßßÃÀ¢ß à~¾ßß Ñì àÌßÐß¼ßëÝ
14.15% Ñì Ìß¹ßà~ àµß¿Éßë ËßÏßÃ ¼ßëÝ 11.75% ¦ßß. ~¼ßÌßíëÀ ËßßíëÄ ë~ £ßÑ£ß Á.315.94 ~ÀíëñÊ ~ß ~¢ß Ñì. ¹ßìÝ~ ²ßë µßÆ±ßß²ß ~ß¾ßßÃÉß¾ß ßìÀ Ðßºßã ßÞ½ßàÉß~
àÑ£ßßà±ß~ßàÀ¾ßíëÝ ¼ßëÝ ²ßä. Ìßßà£ß/ ²ßä.Ìß²ßÌßßà£ß ~¢ß~£ßßÃ, ¼ßàÑÉßß ~¢ß~£ßßÃ, ¿íëÖë ËßÞ ~ß¾ßßÃÉß¾ßíëÝ µßÀ ºßã ¼ß Ðß ¼ß ¨Ã à²ßßÀß²ßã ÐßëÉß ~ß ß×²ß à~¾ßß Ñì £ßßà~ ¼ß Ðß
Ðßã¼ßßÞ£ß à~Ðßß²ß , ÐËß¾ßÞ ÐßÑß¾ß£ßß Ðß¼ßæÑ ßà§ Íßßà¼ßÉß ÑìÝ. ¼ß ¨Ã ~¢ß~£ßßÃßëÝ ~íë ÐßÑæàÉß¾ß£ß Ñíë ßìÀ ²ß~ã àÍß~ß¾ß£ßíëÝ ~ß à²ßËßßÀ¢ß Íßã³ßÆ£ßß
3.2.3. ÉµßÐßÞÛ¾ß~ Ðß¼ßä§ß¾ßíëÞÝ ~íë ~¢ß Ðßë à~¾ßß Ìßß Ðßë~ . ¹ßìÝ~ ¼ß Ðß ¼ß ¨Ã ßëë¥ß ë~ ~¢ß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ¹ßìÝâ~ß ~íëÊ ßìÀ
¼ßß½ßÃ,2009 ~íë Ðß¼ßßµ£ß àËß££ßã¾ß ËßÏßÃ ë~ àÉß ÉµßÐßÞÛ¾ß~ Ðß¼ßä§ß¾ßíëÝ ~íë ~¢ß ÐÖìÝÊÊÃ ¹ßíëÊÃ ßî¶~ ÞàÊ¾ßß ~ã µßÆà£ß¹ß«£ßß ÐßÞàÑ£ßß ~ß ²ßäµßßÉß²ß ~À ÀÑß Ñì.
Á.1356.27 ~ÀíëñÊ ÀÑß Ìßíë ä~Éß µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß àßÆ¼ß ~ß 9.07% Ñì. ÐßßÀ¢ßã 9: 31.03.2009 ë~ ß±ßßÀ µßÀ Ðß~Éß ¹ßìÝ ~ ~¢ß ~ã
Ðß¼ßëÝ Ðßë ÉµßÐßÞÛ¾ß~ Ðß¼ßä§ß¾ß ~ã ¼ßàÑÉßßßëÝ ~ß Íßë¾ßÀ ¼ßàÑÉßßßëÝ ë~ ä~Éß ¼ßßÆ~íë ßë¥ßËßßÀ àÐ¦ßà£ß:
Æë~àÊÖ Á.454.56 ~ÀíëñÊ Ñì àÌßÐß¼ßëÝ 8795 Ûßß£ßë Íßßà¼ßÉß ÑìÝ.
3.2.4 .Ìßß./.Ìß.Ìßß. ËßßÃ ~íë ~¢ß :
ä~Éß µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ~¢ßíëÝ ë~ Þ£ßßÃ£ß .Ìßß./.Ìß.Ìßß. ËßßÃ ë~ àÉß 31.03.2009
~íë à§¾ßë ß¾ßë ~¢ß Á.783.54 ~ÀíëÊ ÀÑë. ²ß~íë à§¾ßë ß¾ßë ~¢ßíëÝ ¼ßëÝ ¼ßßÞß ë~ µßÆà£ß
ËßÐßæÉßã 31.93% ÀÑß.
3.2.5 ÐËß¾ßÞ ÐßÑß¾ß£ßß Ðß¼ßæÑíëÝ ~íë ~¢ß (Ðß ½ß Ìßã)
ßÆß¼ßã¢ß ßë¥ßíëÝ ë~ ßà¦ßÃ~ àËß~ßÐß ßìÀ ßÆß¼ßã¢ß ÉßíëßíëÝ £ß~ µßÑäï½ß²ßë ë~ àÉß ÐËß¾ßÞ
ÐßÑß¾ß£ßß Ðß¼ßæÑíëÝ ~íë âÉß~ ~À²ßß ~ ¼ßÑ£Ëßµßæ¢ßÃ ~ß¾ßÃ ÀÑß Ñì ßìÀ ¹ßìÝ~ 1998 Ðßë
ÐËß¾ßÞ ÐßÑß¾ß£ßß Ðß¼ßæÑ -¹ßìÝ~ âÉßë~Ìß ~ß¾ßÃÆ~¼ß ¼ßëÝ ÐßàÆ~¾ß Âµß Ðßë ºßßß Éßë£ßß ß ÀÑß Ñì.
ËßÏßÃ 2008-09 ë~ §íìÀß²ß ¹ßìÝ~ ²ßë 167037 Ðß¼ßæÑíëÝ ~íë âÉß~ à~¾ßß Ñì ßìÀ
Á.1664.30 ~ÀíëñÊ £ß~ àËß££ßã¾ß ÐßÑß¾ß£ßß µßÆ§ß²ß ~ã Ñì. ¾ßæà²ß¾ß²ß ¹ßÌßÖ µßÆÐ£ßßËß ë~
²ßäÐßßÀ ¹ßìÝ~ ²ßë ~¢ß Ðßë ÌßäñÊë Ðßºßã Ðß¼ßæÑíëÝ ~íë « ÐËßßÐ¦¾ß ¹ßã¼ßß ¾ßíëÌß²ßß Ð~ã¼ß Þ£ßßÃ£ß
Éµß Éßßß£ß ~ã Ë¾ßßµß~ ÐËßßÐ¦¾ß ¹ßã¼ßß ¾ßíëÌß²ßß µßÆßÀÞºß ~ã Ñì.
Æ~¼ß ÍßßÛßßßëÝ ÀßàÍß ä~Éß ~ß %

ÐßÞ. ~ã ÎÇí¢ë ßã (Á. ~ÀíëñÊ ¼ßëÝ)
1 ßÆß¼ßã¢ß 5119.55 11.52
(16.69)
2 ±ßÃ ÍßÑÀã 6441.29 14.50
(14.16)
3 ÍßÑÀã 8698.01 19.58
(22.54)
4 ¼ßëÖßÆë 24168.75 54.40
(38.67)
¹ßìÝ~ °ßÀß àËß££ßµßíëàÏß£ß ~ Ðßß¶~òÖ àÛßÉßíì²ßß àËßà²ß¼ßßÃ¢ß ~ß¨Ã. 5 ä~Éß 44427.60 100.00
A Soft Toys manufacturing unit financed by the Bank (28.56)
²ßíëÖ: ( ) ë~ ßÞ~ñÊÞ àµß¿Éßë ËßÏßÃ µßÀ ËßßàÏßÃ~ Ëßèà« ~íë §ÍßßÃ£ßß Ñì
20
Lending to agriculture under priority sector increased to Rs.

6833.84 crore as on last reporting Friday of March '09 from
Rs.6156.42 crore as on last reporting Friday of March '08.
This included agriculture loans of Rs.6685.58 crore (Previous
Year - PY: Rs.5998.35 crore) and eligible investments of
Rs.148.26 crore (PY: Rs. 158.07 crore). Lending to agriculture
constituted 19.78% of Adjusted Net Bank Credit (RBI norm:
18%) during 2008-'09. The client base under agricultural
advances of the Bank surpassed the 1 million mark.
3.2.2 Credit to Weaker Sections
The lending to borrowers under weaker sections increased
by 47.45% to Rs.4891 crore as 31.03.'09 from Rs.3317 crore
as on 31.03.'08. Loans to weaker sections constituted 14.15%
of Adjusted Net Bank Credit compared to 11.75% in the ¹ßìÝ~ °ßÀß ë~Ëßãß¨ÃÐßã ¾ßíëÌß²ßß ë~ Þ£ßßÃ£ß ~ µßëµßÀ àËßà²ß¼ßßÃ¢ß ~ß¨Ã ~íë
previous year. Beneficiaries under weaker sections include àËß££ßµßíëàÏß£ß à~¾ßß ß¾ßß.
SC/ST borrowers, Women Borrowers, Small & Marginal A Paper manufacturing unit financed under KVIC scheme by the
Farmers, SHGs etc., Bank
3.2.3. Credit to Minorities
For the financial year ended March09, credit to Minorities 2009-10. Bank has been having continuous thrust on this
stood at Rs. 1356.27 crore, which constituted 9.07% of total sector. Consequently, credit to MSME sector was more than
priority sector advances. Of this, share of women belonging doubled within four years itself from Rs.1,915 crore as on
to minority community in total micro credit to women stood at 31.3.05 to Rs.5356.59 crore as on 31.3.'09, registering a
Rs.454.56 crore, comprising 8795 accounts. compounded annual growth rate of 29.33%. In order to
3.2.4. Credit to SC/ST Borrowers encourage the women borrowers in MSME sector, Bank is
extending a concession of 0.50% in the interest rate. Bank
The total credit extended to SC/ST borrowers under priority
sector advances stood at Rs.783.54 crore as on 31.03.09. has also rescheduled 13706 MSME accounts amounting to
The Recovery to Demand in the credit extended to SC/ST Rs.315.94 crore during the financial year ended 31.3.'09.
borrowers stood at 31.93% as on 31.03.09. Bank has also set up MSME Care Cells at Head office and
at all Zonal offices to facilitate MSME borrowers for quick
3.2.5. Lending to Self-Help Groups (SHGs)
redressal of their grievances. Bank is also adhering to the
Linkage of SHGs has been seen as an important activity for code of commitment of Banking Codes and Standards Board
the economic development of the rural areas and for reaching
of India (BCSBI) regarding lending to MSME sector.
out to the rural poor and the Bank since 1998 has been
actively participating in SHG-Bank Linkage programme. Table 9: Area-wise position of gross Bank credit on 31.3.'09:
During 2008-09, Bank has linked 167037 groups and
provided financial assistance to the extent of Rs.1664.30
crore. As per the Union Budget proposals, the Bank has
introduced low cost comprehensive health insurance scheme
for all credit linked groups under Swasthya Bima Yojana
Scheme.
Sl. No. Category of branches Amount % to total

(Rs.in crore)
1 Rural 5119.55 11.52
~Íßã§ß~ßÀã ¼ßÍßã²ß ËßÞ Ðßß¼ßßÆã ÛßÀã§²ßë ë~ àÉß 200 Ðß½ßÌßã Ðß§Ð¾ßíëÝ ~íë (16.69)
Á.15.00 ÉßßÛß ~ß àËß££ßµßíëÏß¢ß 2 Semi-Urban 6441.29 14.50
Rs.15.00 lacs financed to a 200 member SHG for purchasing of
Embroidery Mechines and materials. (14.16)
3 Urban 8698.01 19.58
3.2.6 Lending to Micro, Small & Medium Enterprises (22.54)
(MSME) 4 Metro 24168.75 54.40
The Bank has a focussed approach for MSME sector. Banks (38.67)
were advised to fix self-set target for growth in advances to 5 TOTAL 44427.60 100.00
MSME sector in order to achieve a minimum 20% year-on- ( 28.56)
year growth with the objective to double the flow of credit to Note: Figures in ( ) indicate annual growth rate over the
this sector within a period of 5 years i.e., from 2005-06 to previous year
21
3.2.7. àßÆ¼ßíëÝ ~ß ®íëßËßßÀ ¬ÐßµßíëÌßÀ ßîµßÀëÍß²ß µßÆ¹ßÞ±ß²ß ~íë ßìÀ Ðßä§èñÜ à~¾ßß ß¾ßß Ñì.
¹ßìÝ~ ~ß µßÆ¼ßäÛß ~¢ß ¬ÐßµßíëÌßÀ Öë¬ÐßÖßÉÐß, ÌßßÃ, ÉßíëÑß ËßÞ Ðµßß£ß, ÀßÐß à¼ßÉÐß, 31 ¼ßß½ßÃ 2009 ë~ ß±ßßÀ µßÀ à²ßËßëÍß (¼ßæÉ¾ßÑÅßÐß ~íë ~¼ß ~À) 13.51% ~ã Ëßèà«
à²ß¼ßßÃ¢ß ËßÞ ×ëë~§ßÀíëÝ, ÑãÀë, ÌßËßßÑÀß£ß ßìÀ ßºßæÏß¢ßíëÝ ÌßìÐßë ßë¥ßíëÝ ¼ßëÝ Ñì. ÍßãÏßÃ ë~ 10 ë~ Ðßß¦ß 31.03.2008 ë~ Á.14898.24 ~ÀíëñÊ Ðßë ¹ßñÜ~À Á.16911.11
®íëßíëÝ ë~ ¬ÐßµßíëÌßÀ Ðß~Éß ¹ßìÝ~ ~¢ß ~ß 34.98% Ñì Ìßíë àËßàËß±ß ~¢ß ÐßÞºßßß ~íë ~ÀíëñÊ Ñíë ß¾ßß Ñì. ä~Éß à²ßËßëÍßßëÝë ¼ßëÝ Ðßë Ðß Éß ßÀ ¼ßëÝ à²ßËßëÍß Á.15291.29
Ðßæà½ß£ß ~À£ßß Ñì. ~ÀíëñÊ ¦ßß Ìßíë à²ßËßÉß ¼ßíïß ßìÀ ¼ßã¾ßß§ã §ë¾ß£ßßßëÝ (²ßÊãÖãÉß) ~ß 25.65% Ñì.
à²ßËßëÍßíëÝ Ðßë ¹¾ßßÌß ß¾ß ËßÏßÃ 2007-08 ë~ Á.967.92 ~ÀíëñÊ Ðßë ¹ßñÜ~À ËßÏßÃ
ÐßßÀ¢ßã 10: àßÆ¼ßíëÝ ~ß ®íëßËßßÀ ¬ÐßµßíëÌßÀ 2008-09 ¼ßëÝ Á.1098.98 ~ÀíëñÊ Ñì ¦ßßÃ£ß 13.54% ~ã ËßßàÏßÃ~ Ëßèà« Ñì.
(Á. ~ÀíëñÊ ¼ßëÝ, µßÆà£ßÍß£ßíëÝ ~íë ¿íëñÊ~À) à²ßËßëÍßíëÝ ~ã à¹ßÆ~ã µßÀ Éßßºß ËßÏßÃ 2008-09 ë~ §íìÀß²ß Á..237.61 ~ÀíëñÊ ÀÑß
31.03.2009 ~íë Ðß~Éß ¹ßìÝ ~ Ìß¹ßà~ ËßÏßÃ 2007-08 ë~ §íìÀß²ß Á.137.98 ~ÀíëñÊ ¦ßß.
à²ßà±ß ß±ßßàÀ£ß ¬ÐßµßíëÌßÀ ~¢ß ~ß % àËßß£ß §íë ËßÏßíëÄ ë~ ¹ßìÝ~ ë~ à²ßËßëÍß ÐßÞºßßß ë~ ËßßãÃ~À¢ß ~íë ²ßã½ßë à§¾ßß ß¾ßß Ñì :
ÌßßÃ 4048.68 9.11 ÐßßÀ¢ßã 11: à²ßËßëÍßíëÝ ~ß ËßßãÃ~À¢ß
µßëÖÅíëàÉß¾ß¼ß £µßß§ 2108.41 4.75
2007-08 2008-09 % µßàÀËß£ßÃ²ß
ÉßíëÑß ËßÞ Ðµßß£ß 1991.89 4.48
1.ÐßÀ~ßÀã µßÆà£ßºßæà£ß¾ßßÞ 13086.90 15215.03 16.26%
Öë¬ÐßÖßÉÐß 1614.73 3.63
2.²¾ß ²ßä¼ßíëà§£ß µßÆà£ßºßæà£ß¾ßßÞ 129.13 96.40 -25.35%
à²ß¼ßßÃ¢ß ËßÞ ×ëë~§ßÀ 1426.01 3.21 3.Íßë¾ßÀ 207.75 165.51 -20.33%
ÞÌßãà²ß¾ßâÀß (ºßßÀã ËßÞ Ðßß¼ßß²¾ß) 1138.37 2.56 4.àÊ¹ßëÝ½ßÀ ËßÞ ¹ßßÞÊ 889.65 989.40 11.21%
ÀßÐß à¼ßÉÐß 1118.07 2.52 5.ÐßÑß¾ß~ Þ~µßà²ß¾ßíëÝ ßìÀ / 9.31 9.31 0.00%
ÊÅÐß ËßÞ ¶~ß¼ßßÃàÐßàÖ~ÉÐß 713.57 1.61 ¾ßß ÐßÞ¾ßä¬£ß ®¼ß
½ßã²ßã 713.36 1.61 6.²¾ß 575.50 435.46 -24.33%
ä~Éß (1 to 6) 14898.24 16911.11 13.51%
ÑãÀë, ÌßËßßÑÀß£ß ßìÀ ßºßæÏß¢ß 666.89 1.50
3.3.1. Þ£ßÀÀßÏÖÅã¾ß ÖÅÌë ßÀã ßìÀ àËß§ëÍßã ¼ßä§ßÆ Ë¾ßËßÐßß¾ß
Ðßã¼ßëÝÖ ËßÞ Ðßã¼ßëÝÖ £µßß§ 411.26 0.93 ¹ßìÝ~ ë~ µßßÐß 43 µß§²ßßà¼ß£ß ÍßßÛßßßëÝ ë~ ¼ßß±¾ß¼ß Ðßë àËß§ëÍßã ¼ßä§Æß ~ß Éßë²ß§ë²ß ~À²ßë
Íßìàß~ ÐßÞÐ¦ßßßëÝ 301.36 0.68 ë~ àÉß ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ °ßÀß ÌßßÀã µßÆßà±ßè~£ß ÊãÉßÀ ~ß ÉßßÐßëÝÐß Ñì. £ß§ò²ßäÐßßÀ
¹ßìÝ~ µß²ßë ²ßß¼ß ¼ßëÝ àËß§ëÍß àÐ¦ß£ß ~ÀëÐµßíëÝÊëÝÖ ë~ Ðßß¦ß µß²ßß Éßß ²ßíëÐÖÅíë Ûßß£ßß ~ß
£ß¼¹ßßæ~ 193.31 0.44 ÀÛßÀÛßßËß ~À£ßß Ñì. ¹ßìÝ~ ~íë §íë àËßà²ß¼ß¾ß ÐßÞÐ¦ßßßëÝ Ðßë Áµß¾ßë ßÑÀ¢ß ~ã Ë¾ßËßÐ¦ßß
Ðµß£ßßÉß 126.18 0.28 Ñì íìÀ ~ àËßà²ß¼ß¾ß ÐßÞÐ¦ßß ë~ Ðßß¦ß £ËßàÀ£ß ±ß²ßàËßµßÆëÏß¢ß ~ã ÐßäàËß±ßß ºßã µßÉß¹±ß Ñì.
àËß££ßã¾ß ËßÏßÃ 2008-09 ë~ §íìÀß²ß ¹ßìÝ~ ²ßë ¹ßìÝ~ ßî¶~ ¼ßëàÀ~ß ë~ Ðßß¦ß ½ßë~ ¼ßëÉß
Ðßíî¶~òÖËßë¾ßÀ 27.33 0.06 ¹ßíî¬Ðß ¶ë~àÐßàÉßÖã ~íë µßÆßÀÞºß à~¾ßß Ñì Ìßíë ²ß ßÀ ß¨Ã ~íë ÊíîÉßÀ (¾ßæ Ðß) ¼ßëÝ ËßÐßæÉßã
àÊàÐÖÉßÀãÐß 15.54 0.03 Ñë£ßä µß²ßë ½ßë~íëÝ ~íë Ìß¼ßß ~À²ßë ~ã ÐßäàËß±ßß µßÆ§ß²ß ~À£ßß Ñì, Ðß µßÆ~ßÀ ½ßë~íëÝ ~ã
ßßÑã ¼ßëÝ Ðß¼ß¾ß ~íë ~¼ß à~¾ßß ß¾ßß Ñì. ¹ßìÝ~ ²ßë ½ßë~íëÝ ë~ ÖÅÞë~Íß²ß Ñë£ßä àÐßÖã ¹ßìÝ~ ë~
ä~Éß 16614.96 37.40 Ðßß¦ß ~ÀßÀ à~¾ßß Ñì Ìßíë àÉßÛß£ßíëÝ ë~ ÐßÞ½ßÉß²ß ~íë §æÀ ~À£ßß Ñì ßìÀ ½ßë~íëÝ ~ã ßßÑã
¼ßëÝ Éßß²ßë ËßßÉßë Ðß¼ß¾ß ~íë ~¼ß ~À£ßß Ñì. ¹ßìÝ~ ²ßë ¹ßã ÐµßãÊËßë ¹ßÆìÝÊ ²ßß¼ß Ðßë àÐßÖã
3.2.8. Ûßä§Àß ~¢ß Éßíë¹ßÉß Àëà¼ßÖìÝÐß Ð~ã¼ß µßÆßÀÞºß ~À²ßë Ñë£ßä àÐßÖã ¹ßìÝ~ ë~ Ðßß¦ß ~ÀßÀ à~¾ßß ÑìÝ
¹ßìÝ~ ~ß Ûßä§Àß ~¢ß ÐßÞºßßß 31.03.2009 ~íë Á.6042 ~ÀíëñÊ ÀÑß. Ûßä§Àß ~¢ß
Þ~ÖÅã àÀÐ~, ¬Ðß½ßëÝÌß àÀÐ~ ßìÀ ²¾ß àËß§ëÍßã ¼ßä§Æß àÀÐ~íëÝ ë~ µßÆ¹ßÞ±ß²ß Ñë£ßä àÐßÐÖ¼ß
Ðß~Éß ¹ßìÝ~ ~¢ß ~ß 13.60% Ñì. ßËßßÐß ~¢ß (µßÆ£¾ßß) àËß££ßã¾ß ËßÏßÃ 2007-08
à²ß±ßßÃàÀ£ß à~¾ßß ß¾ßß Ñì. âÐßßÉß Þ~ÖÅã àÀÐ~ àÉßà¼ßÖ ë~ àÉß Þ~ÖÅã àÀÐ~ ¬ÐßµßíëÌßÀ
ë~ Á. 1995 ~ÀíëñÊ Ðßë ¹ßñÜ~À Á.2232 ~ÀíëñÊ Ñíë ß¾ßß Ñì Ìßíë 11.88% ~ã Ëßèà«
ßìÀ µßÆ£¾ßë~ àÀÐ~ ÎÇíë¢ßã £ßÑ£ß §ëÍßíëÝ ë~ Ðß¼ßæÑ ë~ àÉß Ðß¼ßßÆ àÀÐ~ Ðßã¼ßß à²ß±ßßÃàÀ£ß
~íë §ÍßßÃ£ßß Ñì. Ðßã µßÆ~ßÀ Íßìàß~ ~¢ß àµß¿Éßë ËßÏßÃ ë~ Á.1167 ~ÀíëñÊ Ðßë ¹ßñÜ~À
Ñì ßìÀ §ìà²ß~ ß±ßßÀ µßÀ Ðß~ã à²ßßÀß²ßã ~ã Ìßß ÀÑã Ñì.
31.03.2009 ~íë Á.1446 ~ÀíëñÊ Ñíë ß¾ßß Ñì. ¹ßìÝ~ ºßßÀ£ß ßìÀ àËß§ëÍß ¼ßëÝ
±¾ß¾ß²ß ë~ àÉß àËß®ßà¦ßÃ¾ßíëÝ ~íë ~¢ß ¼ßÞÌßæÀ ~À£ßß ß ÀÑß Ñì. Íßìàß~ ~¢ß ¾ßíëÌß²ßß ËßÏßÃ 2008-09 ë~ §íìÀß²ß ¹ßìÝ~ ²ßë Á.20957.13 ~ÀíëñÊ ë~ ¼ß½ßëÃÖ Ö²ßÃ ßëËßÀ ~íë
Þ£ßßÃ£ß àËß®ßà¦ßÃà²ß¾ßíëÝ ë~ àÉß ~íë ¹¾ßßÌß §À ¼ßëÝ 0.50% ~ã ¿æÖ §ã Ìßß ÀÑã Ñì. Àë~ßÊÃ à~¾ßß Ñì. µßä²ßó ¹ßìÝ~ ²ßë ¼ßß½ßÃ,2009 ë~ Þ£ß £ß~ Á.2,17,282 ~ÀíëñÊ ~ß
Þ£ßÀ ¹ßìÝ~ Ö²ßÃ ßëËßÀ ~íë µßÆßµ£ß à~¾ßß Ñìë Ìß¹ßà~ àµß¿Éßë ËßÏßÃ ¼ßëÝ Á.1,44,674
3.3 à²ßËßëÍß ~ÀíëñÊ ¦ßß. ¹ßìÝ~ ~ß à²ß¾ßßÃ£ß àËß££ß 31.03.2009 ~íë Á.1941.86 ~ÀíëñÊ ÀÑß.
ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ ¼ßß²ß§ÞÊíëÝ ë~ ²ßäÐßßÀ ¹ßìÝ~ ~íë ÐßßÞàËßà±ß~ µßëßß ë~ Âµß ¼ßëÝ 3.4. Æ~ë àÊÖ ~ßÊÃ Ë¾ßßµßßÀ
à²ßËßëÍß ~À²ßß µßëàß£ß Ñì. ¹ßìÝ~ ë~ à²ßËßëÍß ë~ à²ß¢ßÃ¾ß ÌßíëàÛß¼ß µßÆà£ß¶~Éß ÖÅëÊ ßî¶~ µßÀ
ß±ßßàÀ£ß Ñì ßìÀ àËßà²ß¾ßß¼ß~ ËßÞ ßÞ£ßàÀ~ à§Íßß à²ß§ëÃÍßíëÝ ~ß à²ß¾ß¼ß£ßó ²ßäµßßÉß²ß ¹ßìÝ~ Æë~àÊÖ ~ßÊÃ Ë¾ßËßÐßß¾ß ¼ßëÝ ßäËßß Ñì. ¹ßìÝ~ ½ßßÀ µßÆ~ßÀ ~ß ~ßÊÃ §ë£ßß Ñì Ìßíë Ðß
à~¾ßß Ìßß£ßß Ñì. ²ß~§ã µßÆßÀàß£ßã ²ßäµßß£ß (Ðßã ßÀ ßÀ) ßìÀ ÐßßÞàËßà±ß~ ½ßÉßà²ßà±ß µßÆ~ßÀ Ñì - àËßÐßß ¬ÉßßàÐß~, àËßÐßß ßíëÉÊ, ¼ßßÐÖÀ ~ßÊÃ ßìÀ ¼ßßÐÖÀ ~ßÊÃ Éßë¬ÖÅíîà²ß~
²ßäµßß£ß (Ðß Éß ßÀ) Ðßë ÐßÞ¹ßÞà±ß£ß à²ß±ßßÃÀ¢ß ~ß ºßã ÀÛßÀÛßßËß à~¾ßß ß¾ßß Ñì. ÊëÉßã Æë~àÊÖ ~ßÊÃ. Æë~àÊÖ ~ßÊÃ Ë¾ßËßÐßß¾ß ~íë ¹ßññÜß²ßë ë~ àÞÉß ÑßÉß ë~ ËßÏßíëÄ ¼ßëÝ ~¨Ã ~§¼ß
¼ßíîà²ßÖâÀß ßî¶~ Êò¾ßæÀëÍß²ß ßìÀ ¹ßßÞÊ ËßÞ àÊ¹ßëÝ½ßÀ ÐßÞºßßß ë~ ËßëÉ¾ßæ Ö àÀÐ~ ×ß¾ßë ß¾ßë ¾ß¦ßß ~íë-¹ßÆìÝÊìÊ ~íÊÃ,ßà§ ~íë µßÆßÀÞºß ~À²ßß. Æë~àÊÖ ~ßÊÃ ~ß Ë¾ßËßÐßß¾ß
(ËßãßÀ) ¬ÐßÖ²ßÃÉß ÀëâÖß ¼ßßßÆëÍß²ß ë~ à£ßàÀ¬£ß à£ß¼ßßÑã ß±ßßÀ µßÀ à£ß¼ßßÑã Ö²ßÃëßëËßÀ àµß¿Éßë ËßÏßÃ ë~ Á. 1,380 ~ÀíëñÊ ë~ µßÆà£ß 31.03.2009 ~íë Á.1446
Þ£ßÀßÉßíëÝ µßÀ à²ßËßëÍß ÐßÞºßßß ~ß ÐÖÅëÐß ÖëâÐÖÞß ßìÀ ¹ßì~ ÖëàÐÖÞß ë~ °ßÀß ÖÅëÌßÀã ~ÀíëñÊ ÀÑß. ÞÖÀ²ßëÖ Éßë²ß§ë²ß ¼ßëÝ ÌßíëàÛß¼ß ~íë §æÀ ~À²ßë ë~ àÉß ËßãÐßß °ßÀß ÌßßÞ½ß ~ã
22
3.2.7. Industry-wise exposure of advances income from investments increased from Rs.967.92 crore
Banks major loan exposure is to sectors like Power, during 2007-08 to Rs.1098.98 crore in 2008-'09, i.e., an
Petroleum Products, Iron & Steel, Textiles, Construction & annual increase of 13.54%. Profit on sale of investments stood
Contractors, Engineering (Heavy & Light), Rice Mills, Drugs at Rs.237.61 crore during 2008-09, while it was Rs.137.98
& Pharmaceuticals, Sugar, Diamonds, Gems & Jewellery etc. crore during 2007-'08.
Exposure to top 10 industries constituted 34.98% of Gross The classification of Banks investment portfolio for the last
Bank Credit, signifying a diversified loan portfolio. two years is set forth below:
Table 10: Industry-wise exposure of advances Table 11: Classification of Investments
(Rs.in crore, except percentages) (Rs. in crore, except for percentages)
Fund-based exposure % to GBC 2007-'08 2008-'09 % change
as on 31.03.'09 1. Government Securities 13086.90 15215.03 16.26%
Power 4048.68 9.11 2. Other Approved Securities 129.13 96.40 -25.35%
Petroleum Products 2108.41 4.75 3. Shares 207.75 165.51 -20.33%
Iron and Steel 1991.89 4.48 4. Debentures & Bonds 889.65 989.40 11.21%
Textiles 1614.73 3.63 5. Subsidiaries and / or
Construction and Contractors 1426.01 3.21 Joint Ventures 9.31 9.31 0.00%
Engineering (Heavy and Light) 1138.37 2.56 6. Others 575.50 435.46 -24.33%
Rice Mills 1118.07 2.52 TOTAL (1 to 6) 14898.24 16911.11 13.51%
Drugs and Pharmaceuticals 713.57 1.61 3.3.1. International treasury and Forex business
Sugar 713.36 1.61 The Bank has license as Authorized Dealer, issued by the
Diamonds, Gems and Jewellery 666.89 1.50 RBI to deal in foreign exchange business through Banks 43
Cement and Cement products 411.26 0.93 designated branches. Accordingly, the Bank maintains
Educational Institutions 301.36 0.68 independent Nostro accounts with overseas correspondent
Tobacco 193.31 0.44 Banks in its own name. The Bank also has rupee drawing
arrangements with Two Exchange Houses and Speed
Hospitals 126.18 0.28 Remittance facility with one of the Exchange Houses. During
Software 27.33 0.06 the financial year 2008-09, the Bank has launched Cheque
Distilleries 15.54 0.03 Mail box facility with Bank of America, which enables NRIs
TOTAL 16614.96 37.40 to deposit cheques for collection in Dallas (USA) itself thereby
the time taken for realisation is reduced. The Bank has entered
3.2.8. Retail lending
into agreement with Citi Bank for truncation of cheques which
Retail credit portfolio of the Bank stood at Rs.6042 crore as eliminates physical movement of instruments, reducing the
on 31.3.'09. Retail loans constitute 13.60% of the Gross Bank time taken for realization of cheques. Bank entered in to
Credit. Housing loans (direct) improved to Rs. 2232 crore agreement with Citi Bank for launching Citi Global Remittance
from Rs.1995 crore in the financial year 2007-'08, an increase scheme with brand name AB Speedway.
of 11.88%. Similarly, Educational Loans increased to Rs.1446
Systems have been put in place for management of country
crore as on 31.3.'09 from Rs.1167 crore in the previous year.
risk, exchange risk and other foreign exchange risks. The
The Bank has been sanctioning loans to students, both for
country risk exposures for single country risk limit and
studies in India and abroad. A concession of 0.50% in interest
aggregate risk limits for the group of countries under each
rate is extended to the girl students under Educational Loan
risk category are fixed and are being monitored on daily basis.
scheme.
During the year 2008-09, the Bank recorded a merchant
3.3 Investments turnover of Rs 20957.13 crore. Again the Bank achieved Inter-
The Bank is required to make investments as a statutory Bank turnover of Rs.2,17,282 crore as at the end of Mar09
requirement as per norms of RBI. Banks investment decisions compared to Rs.1,44,674 crore in the previous year. Export
are based on risk-return trade-off and the regulatory and finance of the Bank stood at Rs.1941.86 crore as on 31.03.'09.
internal guidelines are scrupulously followed. Statutory 3.4. Credit Card Business
prescriptions relating to Cash Reserve Ratio (CRR) and The Bank is pioneer in Credit Card Business. The Bank offers
Statutory Liquidity Ratio (SLR) are also maintained. Risk four types of cards, namely, VISA Classic, VISA Gold, Master
Management in treasury operations has been strengthened Card and Master Card Electronic credit cards. Several
further by undertaking the stress testing and back testing of initiatives have been taken during recent years for increasing
the investment portfolio at quarterly intervals besides daily the reach of the credit card business, like launch of co-
monitoring of Duration and Value-at-Risk (VaR). External branded cards, etc. Credit card business turnover stood at
rating migration of the bonds and debentures portfolio is also Rs.1,446 crore as on 31.03.'09 as against Rs.1,380 crore in
being monitored on quarterly basis. the previous year. To mitigate the risk in Internet transactions,
As on 31st March, 09, the Investments (net of depreciation) additional security feature like verified by Visa (VbV) and
increased by 13.51% to Rs.16911.11 crore from Rs.14898.24 mobile alerts (for Card usage of Rs.500/- and above) have
crore as on 31.03.08. Of the total investments, SLR been introduced. Facility has also been accorded to
investments were Rs.15291.29 crore, which constituted cardholders for instant payment of credit card bills in any of
25.65% of Net Demand and Time Liabilities (NDTL). Interest the branches under the CBS environment. Net profit earned
23
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Æë~àÊÖ ~ßÊÃ à¹ßÉßíëÝ ~íë £ßäÀÞ£ß ºßäß£ßß²ß ~À²ßë ~ã ÐßäàËß±ßß µßÆ§ß²ß ~ã ß¨Ã Ñì. Æë~àÊÖ ~ßÊÃ
Ë¾ßËßÐßß¾ß Ðßë ËßÏßÃ 2008-09 ë~ àÉß àÌßÃ£ß à²ßËßÉß Éßßºß Á.13.04 ~ÀíëñÊ Ñì..
3.5. Êã¼ßìÖ ÐßàËßÃÐß
¹ßìÝ~ ¹ßã Êã¼ßìÖ ¹ßÆìÝÊ ²ßß¼ß Ðßë Ìß²ß£ßß ~íë àÊµßíîàÌßÖÀã ÐßëËßßÞ µßÆ§ß²ß ~À ÀÑß Ñì. ¹ßìÝ~
ÐßëÝÖÅÉß àÊµßíîàÌßÖÀã ÐßàËßÃÐßëÐß (ÞàÊ¾ßß) àÉßà¼ßÖëÊ (Ðßã Êã Ðß Éß ) ßìÀ ²ßìÍß²ßÉß
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¹ßìÝ~ ~ã 27 ÍßßÛßßÞ Êã¼ßìÖ Ûßß£ßë ÛßíëÉß²ßë ë~ àÉß à±ßè~£ß ÑìÝ.
3.6. ¼ß½ßë¢Ã Ö ¹ßìâÝ ~ß ÐßëËßßÞ
¹ßìÝ~ ²ßë 6 ~¼µßà²ß¾ßíëÝ ë~ àÉß ÉßßºßßÞÍß ËßßÀÞÖíëÝ ë~ ºßäß£ßß²ß Ñë£ßä §ß~£ßßÃ ¹ßìÝ~À ë~ Âµß
¼ßëÝ ~ß¼ß à~¾ßß Ñì. ¹ßìÝ~ Ðß¼ßãßß±ßã²ß Ëßà±ß ë~ §íìÀß²ß àÊ¹ßëÝ½ßÀ ÖÅÐÖã ë~ Âµß ¼ßëÝ ~ß¼ß
~À²ßß ÌßßÀã ÀÛßß Ñì. àÊËßãÌß²ß ë~ ~ ºßßß ë~ Âµß ¼ßëÝ Íßë¾ßÀÑíëÉÊÐßÃ ÞÊ ²ËßëÐÖÐßÃ
ßÆãËßßÞÐß ÐßëÉß ~ß¼ß ~À ÀÑß Ñì. ¹ßìÝ~ ²ßë 11% æ~µß²ß §À µßÀ ËßßàÏßÃ~ §ë¾ß µßÀ Á.600
~ÀíëñÊ ~ß Ðß¹ß ßàÊÃ²ßëÖëÊ ¹ßßÞÊ µßÆÐ£ßä£ß à~¾ßß Ñì. àËß££ßã¾ß ËßÏßÃ 2008-09 ë~ §íìëÀß²ß ßÐ£ß 2008 ë~ §íìÀß²ß ¹ßìÝ~ °ßÀß ¹ßã Ê¹ßÉß Ìß¼ßß ¾ßíëÌß²ßß µßÆßÀÞºß ~ã ß¾ßã.
Á.200 ~ÀíëñÊ ë~ ²²ßíëËßëàÖËß µßÀàµß½ßäÉß Êë¹Ö ¹ßßÞÊ 9.5% æ~µß²ß §À µßÀ ßìÀ AB Double Deposit Scheme launched by the Bank during
9.30% ~ã æ~µß²ß §À µßÀ Á.200 ~ÀíëñÊ ~ß µßÀ Öã¾ßÀII Êë¹Ö ¹ßßÞÊ µßÆÐ£ßä£ß à~¾ßß August,2008
Ñì. ¹ßìÝ~ ²ßë 6 ¼ßß½ßÃ ,2009 ~íë Ðßß±ßßÀ¢ß Ðßß¼ßß²¾ß ¹ßì×~ ß¾ßíëàÌß£ß ~ã ßìÀ ë~²§Æ 4.2.2. ßíëÉÊ ~ßî²Ðß ~ã Ûßä§Àß à¹ßÆ~ã
ÐßÀ~ßÀ Ðßë àºß²²ß Íßë¾ßÀ±ßßÀ~íëÝ ¼ßëÝ Ðßë £ßã²ß à²ß§ëÍß~ ½ßä²ßë ß. Ñ¼ßßÀë ¹ßìÝ~ ²ßë ~ ËßÏßÃ
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Ìßíë 01.10.2008 Ðßë µßÆºßßËßã Ñì. ë~ ¼ßß±¾ß¼ß Ðßë 4 ßÆß¼ß, 8 ßÆß¼ß ßìÀ 10 ßÆß¼ß ë~ ¼ßæÉ¾ßËßßÃ ¼ßëÝ µßæÀë §ëÍß ¼ßëÝ ~À ÀÑß
Ñì.
4. Ë¾ßËßÐßß¾ß ~ß¾ßÃ / ¶~íë~Ðß àÀ¾ßß 4.2.3. ¼¾ßä¾ßäÉß ¶Þ~Ê £µßß§íëÝ ~ß àËß£ßÀ¢ß
4.1 àËß££ßã¾ß Ðß¼ßßËßëÍß²ß ¹ßìÝ~ ²ßë µßíï½ß ¼¾ßä¾ßäÉß ¶Þ~Ê ~¼µßà²ß¾ßíëÝ ¦ßßÃ£ß ¾ßæ Öã ß¨Ã ¼¾ßä¾ßäÉß ¶ë~Ê, Ðß ¹ßã
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Þ£ßßÃ£ß ¹ßìÝ~ ²ßë Ðß ½ß Ìßã ßìÀ à~Ðßß²ßíëÝ ë~ Éßßºß ë~ àÉß ²ß¨Ã ¾ßíëÌß²ßßÞ Éßßßæ ¹ßìÝ~ ÌßãËß²ß ßìÀ ÌßãËß²ßë£ßÀ ¹ßã¼ßß £µßß§íëÝ, ¼¾ßä¾ßäÉß ¶Þ~Ê £µßß§íëÝ, ÖëÉßã¶~íë²ß à¹ßÉß,
~ã ÑìÝ £ßßà~ Ëßë µß²ßã ¹ßßÑÀã §ë¾ß£ßßßëÝ ~íë ÐßÞÐ¦ßßß£ß àËß££ß Ðßë ÐËßìµß ~À ÐßëÝ~. ¹ßìÝ~ µßÆ£¾ßß ~À, ¼¾ßäà²ßàÐßµßÉß ~À, ¾ßäàÖàÉßÖã ºßäß£ßß²ß ßà§ ~ã ËßÐßæÉßã ~ß àËßµß¢ß²ß ~À
²ßë Êë¹Ö ÐËßìâµßß ¾ßíëÌß²ßß Þ£ßßÃ£ß Á.149 ~ÀíëñÊ ~ß ~¢ß 29,253 Ðß§Ð¾ßíëÝ ~íë à§¾ßß ß¾ß ë~ àËßàºß²²ß ¼ßß±¾ß¼ßíëÝ Ðßë ßìÀ ¹¾ßßÌß ß¾ß ¼ßëÝ Ëßèà« ë~ àÉß à²ßÀÞ£ßÀ ±¾ßß²ß ë~à²§Æ£ß
Ñì. ~À£ßß ß ÀÑß Ñì . àËß££ßã¾ß à²ßËßëÍßíëÝ Ðßë ÐßÞ¹ßÞà±ß£ß ßÆßÑ~íëÝ ~ã ßËßÍ¾ß~£ßßßëÝ ~íë µßæÀß
¹ßìÝ~ Ðßß¼ßßàÌß~ ÐßäÀßß µßëÝÍß²ß ßìÀ Ð¼ßßÖÃ ~ßÊÃ ë~ ¼ßß±¾ß¼ß Ðßë ßÆß¼ßã¢ß ÀíëÌßßßÀ ßßÀÞÖã ~À²ßë ë~ àÉß µßæÀë §ëÍß ¼ßëÝ ¹ßìÝ~íëÝ ë~ 26 àËß££ßã¾ß ÐßëËßß ë~²§Æ ÑìÝ. àËßµß¢ß²ß ë~ µßÑÉß
¾ßíëÌß²ßß ë~ àÑ£ßßà±ß~ßàÀ¾ßíëÝ ~íë ¼ßÌß§æÀã ºßäß£ßß²ß ~À²ßë ë~ àÉß Ë¾ßËßÐßß¾ß ~ÀëÝÐßµßíëÝÊëÖ ë~ ºßßß ë~ Âµß ¼ßëÝ ¹ßìÝ~ ²ßë ¼¾ßä¾ßäÉß ¶Þ~Ê £µßß§íëÝ ë~ ÐßÞàËß£ßÀ¢ß ßìÀ ßîÖíë¼ßíë¹ßßÉß
¼ßíîÊÉß ~íë ~ß¾ßßÃà²Ëß£ß ~À ÀÑß Ñì. ËßÀÞßÉß àÌßÉßë ¼ßëÝ ~ µßíî¾ßÉßÖ Ð¼ßßÖÃ ~ßÊÃ àÐßÐÖ¼ß ë~ àËß££ßµßíëÏß¢ß ë~ àÉß ¼¾ßä¾ßäÉß ¶Þ~ÊíëÝ ßìÀ ßîÖíë¼ßíë¹ßßÉß ~¼µßà²ß¾ßíëÝ Ðßë ºßã Æ~¼ßÍßó
¾ßíëÌß²ßß ~íë ~ß¾ßßÃà²Ëß£ß à~¾ßß ß¾ßß Ñì Ìßíë ßÆß¼ßã¢ß ßë¥ßíëÝ ¼ßëÝ µßàÀà½ß£ß Ðß§Ð¾ßíëÝ ~íë ²ßë~ Öß¨Ã µß à~¾ßß Ñì.
³ßÀ µßÀ ²ß~§ µßÆ§ß²ß ~À£ßß Ñì. Ð¼ßßÖÃ ~ßÊÃ µßÆíëÌßë¬Ö ~íë ÐßàËßÃÐß àÀ¾ßß µßÆíë½ß ë~
¼ßß±¾ß¼ß Ðßë ß²±ßÆ µßÆ§ëÍß ë~ ²¾ß ºßßßíëÝ ¼ßëÝ ß²±ßÆ µßÆ§ëÍß ë~ ¿Ñ àÌßÉßíëÝ ¼ßëÝ ÀíëÉß ßÖ
à~¾ßß ß¾ßß ¦ßß. ¹ßìÝ~ ²ßë Ð¼ßßÖÃ ~ßÊÃ ë~ ¼ßß±¾ß¼ß Ðßë Ðß ½ß Ìßã ~íë ~¢ß §ë²ßë ë~ àÉß
~§¼ß ×ß¾ßß Ñì.
4.2 ²ß £µßß§
4.2.1. Ìß¼ßß £µßß§ / ~¢ß £µßß§
¹ßìÝ~ ²ßë ½ßßÉßæ àËß££ß ËßÏßÃ ë~ §íìÀß²ß àËßàËß±ß Ìß¼ßß ¾ßíëÌß²ßßÞ µßÆßÀÞºß ~ã ÑìÝ àÌßÐß¼ßëÝ ¹ßã
µßÆãà¼ß¾ß¼ß ~ÀëÝÖ ~ßÞÖ ßìÀ ¹ßã µßÆãàËßÉßëÌß ~ßµßíëÃÀëÖ ÐßëÉßëÀã ~ßÞÖ ÌßìÐßë £µßß§
Íßßà¼ßÉß ÑìÝ, £ßßà~ ßÆßÑ~íëÝ ~íë ¼ßæÉ¾ßËßà±ßÃ£ß ÐßëËßßÞ µßÆ§ß²ß ~À Ðßë~. ¹ßìÝ~ ²ßë ËßàÀÏ×
¹ßìÝ~ ²ßë à¹ßÀÉßß Ðß²ßÉßß¶~ ¼¾ßä½ßäÉß ¶Þ~Ê, ¼ßßÁà£ß §ò¾ßíëß àÉß. ËßÞ ÑãÀíë ÑíëÝÊß ë~
Ðßß¦ß Ðß¼ßÔßíì£ßß à~¾ßí
Bank entered into an MoU with Birla Sunlife Mutual Funds, Maruti
Udyog Ltd. and Hero Honda
24
through credit card business for the year 2008-'09 stood at Bank has entered into the bullion business in January '09.
Rs.13.04 crore.
3.5. Demat Services
Bank is offering Depository Services to the public under the
brand name of AB Demat. The Bank is a Depository
Participant (DP) with Central Depository Services (India)
Limited (CDSL) as well as with National Securities Depository
Limited (NSDL). 27 branches of the Bank are authorized to
open demat accounts.
3.6. Merchant Banking Services
The Bank has acted as a Paying Banker for payment of
dividend warrants for 6 companies. The Bank has continued
to act as Debenture Trustees during the period under review.
A Shareholders and Investors Grievance Cell is functioning
as a part of the Division. The Bank has raised Subordinated
Debt Bonds to the tune of Rs.600 crore at a coupon rate of Ñ¼ßßÀë ¹ßìÝ~ ²ßë 01.01.2009 ~íë Ðßíë²ßë ë~ àÐß¬ë~ ~ã à¹ßÆ~ã µßÆßÀÞºß ~ã.
11% payable annually. Innovative Perpetual Debt Bonds of Our Bank launched the Sale of Gold Coins on 01.01.2009
Rs.200 crore at a coupon rate of 9.5% and Upper Tier II Debt
Bonds of Rs.200 crore at a coupon rate of 9.30% during the Retail sale of gold coins(24 carat 99.99% purity) has been
financial year 2008-'09 were also raised. The Bank has undertaken by the Bank across the country, through its all
conducted Extraordinary General Body Meeting on 6th March, branches in the denominations of 4 grams, 8 grams and 10
'09 and three Directors have been elected from amongst the grams.
shareholders other than the Central Government. The Bank 4.2.3.Distribution of Mutual Fund products
has also tied up with TATA AIG General Insurance Company The Bank is already having tie ups with five Mutual Fund
Ltd for covering Directors Liability for an amount of Rs.50 companies, namely, UTI Mutual Fund, SBI Mutual Fund,
crore for a period of one year with effect from 1.10.'08. Principal Mutual Fund, Tata Mutual Fund and Sundaram
4. BUSINESS PRACTICES / FOCUS AREAS Mutual Fund. Bank has entered into tie ups with Reliance
4.1 Financial Inclusion Mutual Fund, Birla Sun Life Mutual Fund, Fidelity Mutual
Fund, and Kotak Mutual Fund during the current financial
Financial inclusion includes insurance, social security
year.
systems, pensions, money transfers etc and is the delivery
of banking services to the common man at an affordable cost. 4.3. Marketing
The Bank has surpassed the target of opening of 250 new
household accounts per rural and semi urban branch. The
Bank has also opened 316047 no frills accounts as a part of
the measure to cover the excluded sections of the society.
Under the Debt Swapping Scheme, Bank has introduced new
schemes for the benefit of SHGs and farmers to swap their
outside liabilities with institutional finance. The Bank has
covered 29,253 members by extending credit of Rs.149 crore
under debt swapping scheme.
Bank is also implementing the Business Correspondent model
for payment of social security pensions and wages for Rural
Employment Guarantee Scheme beneficiaries through Smart
Cards. A pilot Smart Card System of payments has been
implemented in Warangal District and cash was distributed
to the identified members at their doorsteps in rural areas. ¹ßìÝ~ ²ßë à¹ßÀÉßß Ðß²ßÉßß¶~ ¼¾ßä½ßäÉß ¶Þ~Ê, ¼ßßÁà£ß §ò¾ßíëß àÉß. ËßÞ ÑãÀíë ÑíëÝÊß ë~
The Smart Card project was also rolled out in other parts of Ðßß¦ß Ðß¼ßÔßíì£ßß à~¾ßí
the state through Service Area Approach in six districts of Bank entered into an MoU with Birla Sunlife Mutual Funds, Maruti
A.P. Bank has also initiated steps to service SHG lending Udyog Ltd. and Hero Honda
through Smart Cards. The Bank has been constantly focusing on augmenting non-
4.2 NEW PRODUCTS interest income through diversification of income streams by
4.2.1. Deposit Products/Loan products taking up marketing of Life and Non-Life Insurance Products,
Bank has launched various deposit products during the Mutual Fund Products, Collection of Telephone Bills, Direct
current financial year which include products such as AB Taxes, Municipal Taxes, Utility Payments etc. The Bank has
Premium Current Account and AB Privilege Corporate Salary 26 Financial Service Centres (FSCs) throughout the country
Account to provide value added services to the customers. to cater to the needs of clients related to financial investments.
Bank has also launched loan products such as AB Anand As part of marketing initiatives, Bank has also entered into
Jeevan(reverse mortgage scheme) to senior citizens andAB tie ups with Mutual Funds and automobile companies for
Saral housing Scheme with liberalized terms and conditions distribution of Mutual Fund products and financing
4.2.2. Retail Sale of Gold Coins automobiles respectively.
4.4. Branding and Communications
25
4.4. ¹ßÆâÝì Êß ßìÀ ~¼¾ßæà²ßì~Íß²Ðß 4.6 ²ßëÖËßÃ~ àËßÐ£ßßÀ

4.4.1. ¹ßìÝ~ ¹ßÆìÝÊ à²ß¼ßßÃ¢ß ~ß¾ßÃ ë~ àÉß µß¾ßßÃµ£ß ÌßíëÀ §ë ÀÑß Ñì. ¹ßìÝ~ ²ßë 2008-09 ËßÏßÃ ë~ §íìÀß²ß ¹ßìÝ~ ²ßë 66 ÍßßÛßßÞ (16 àËßÐ£ßßÀ ~ßÞÖÀíëÝ ë~ ²²ß¾ß²ß ÐßàÑ£ß) ßìÀ
ë~ §íìÀß²ß ßÆßÑ~íëÝ ~íë ÐßäÛß§ ¹ßìÝâ~ß ~ß ²ßäºßËß ~Àß²ßë ë~ àÉß ¹ßìÝ~ ë~ Íßë¾ßÀ±ßßÀ~íëÝ 70 Öã ¼ß ÛßíëÉßë ÑìÝ. Ðßë~ Ðßß¦ß 31 ¼ßß½ßÃ 2009 ë~ Þ£ß £ß~ ¹ßìÝ~ ë~ 2248
~íë à±ß~ Ðßë à±ß~ µßÆà£ß¶~Éß §ë²ßë Ñë£ßä ~§¼ß ×ß¾ßë ÑìÝ. ¹ßìÝ~ ²ßë ¹ßÆìÝâÊß ë~ àÉß ßìÀ ÊëàÉßËßÀã ½ßì²ßÉÐß ÑìÝ àÌßÐß¼ßëÝ 1432 ÍßßÛßßÞ, 52 àËßÐ£ßßÀ ~ßÞÖÀ, 38 ÐßëÖëÉßßÖ
~ßµßíëÃÀëÖ ~¼¾ßæà²ßë~ÍßÞÐß ë~ àÉß ËßÏßÃ 2009-10 ë~ àÉß ~ ~ßµßíëÃÀëÖ ¾ßíëÌß²ßß £ßì¾ßßÀ ßîà¶~Ðß ßìÀ 726 Öã ¼ß ÑìÝ Ìßíë 22 Àß¾ßíëÝ ßíìÀ 2 ÐßÞ³ß ÍßßàÐß£ß ßë¥ßíëÝ ¼ßëÝ ¶ì~Éßë
~ã Ñì. Ðßã ²ßäÐßÀ¢ß ¼ßëÝ Íßë¾ßÀ±ßßÀ~íëÝ ~íë µß²ßë µßÑÉß ë~ ¹ßßÀë ¼ßëÝ Ðßæ½ß²ßß §ë²ßë ë~ àÉß ÑìÝ. ¹ßìÝ~ ~ã 40 àËßÍßëÏß ÍßßÛßßÞ ÑìÝ Ìßíë àËßÍßëÏß ßë¥ß ë~ ßÆßÑ~íëÝ ~ã ßËßÍ¾ß~£ßßßëÝ
¼ßßàÐß~ ËßßÀ ~ßµßíëÃÀëÖ ~¼¾ßæà²ßë~ÍßÞÐß ¾ßíëÌß²ßß ~ß µßÆÐ£ßßËß ¹ßìÝ~ ÀÛß²ßß ½ßßÑ£ßß Ñì. ¹ßìÝ~ ~íë µßæÀß ~À£ßã ÑìÝ. ¹ßìÝ~ ë~ §íë µßÆà£ßà²ßà±ß ~ß¾ßßÃÉß¾ß (àËß§ëÍß ¼ßëÝ) §ä¹ß¨Ã (¾ßæ ¨Ã)(¼ß¨Ã
¾ßÑ ºßã µßÆÐ£ßßËß ÀÛß£ßß Ñì à~ ¹ßìÝ~ ²ß¾ßë Ìß¼ßß £µßß§íëÝ ßìÀ ~¢ß £µßß§íëÝ ~ß µßÆÐ£ßßËß 2006 ¼ßëÝ ÛßíëÉßß ß¾ßß) ßìÀ ²¾ßæ ÌßÐßãÃ (¾ßæ Ðß ) (²ßËß¼¹ßÀ,2008 ¼ßëÝ ÛßíëÉßß ß¾ßß)
ÀÛß£ßß Ñì ßìÀ ßÉßß ¹ßßÌßßÀíëÝ ë~ àÉß àËß®¼ßß²ß £µßß§íëÝ ~íë ÀãÞÌßãà²ß¾ßÀ ~À²ßë ~ß ¼ßëÝ ÑìÝ.
µßÆÐ£ßßËß ÀÛß£ßß Ñì ßìÀ ßî²ß Éßß²ß ²¾ßæÌß Â¼ß µßÆßÀÞºß ~À²ßë ~ß µßÆÐ£ßßËß ÀÛß£ßß Ñì Ìßíë
Ëßë¹ßÐßßÖ ë~ ¼ßß±¾ß¼ß Ðßë ßÆßÑ~ ËßÑíï £ß~ µßÑäï½ß Ðßë~.
Ìß²ßÐßÞÛ¾ßß Ðß¼ßæÑËßßÀ ÍßßÛßßßëÝ ~ß ËßßãÃ~À¢ß à²ß¼²ß µßÆ~ßÀ Ñì.
4.5. µßÆí®ì íëàß~ã µßÑÉß ÐßßÀ¢ßã 12: ÍßßÛßßßëÝ ~ß ËßßãÃ~À¢ß
1. ¹ßìÝ~ ~íëÀ ¹ßìÝâ~ß ÐßíëÉ¾ßæÍß²ß ¼ßëÝ ¼ßßßÆëÖ à~¾ßß Ñì. ¹ßìÝ~ ²ßë µß²ßã ÍßßÛßßßëÝ ¼ßëÝ
à¶~²ßë~Éß ÐßíëÉ¾ßæÍß²ß ë~ Ðßß¦ß Ë¾ßßµß~ ~íëÀ ¹ßìÝâ~ß ÐßíëÉ¾ßæÍß²ß ë~ ~ß¾ßßÃ²Ëß¾ß²ß ë~
àÉß Ñò¾ßæÉßëÖ µßì~ßÊÃ (½ß µßã) ÞàÊ¾ßß Ðßë ~ÀßÀ à~¾ßß Ñì. Àë~ßÊÃ Öß¼ß ¼ßëÝ ¼ßß½ßÃ
2009 ë~ Þ£ß £ß~ Ðßºßã 1432 ÍßßÛßßßëÝ ¼ßëÝ Ðßã ¹ßã Ðß ~íë ~ß¾ßßÃà²Ëß£ß à~¾ßß
ß¾ßß.
2. Öã¼ß ~ã ÐßÞÛ¾ßß 31.03.2008 ë~ 656 Ðßë ¹ßñÜ~À 31.09.2009 ~íë
726 Ñíë ß¾ßã. àËß££ßã¾ß Ðß¼ßßËßëÍß²ß ë~ µßÑÉß ë~ Âµß ¼ßëÝ ²ßßÀ°¾ß Ñì§Àß¹ßß§ íìëÀ
àÐß~²§Àß¹ßß§ ß²±Æß µßÆ§ëÍß ¼ßëÝ ¹ßìÝ~ ë~ µßßÐß 3 ¹ßß¾ßíë¼ßëàÖÅ~ Öã ¼ß (2 ¼ßíë¹ßßÉß
ÐßäàËß±ßß¾ßä¬£ß) ÑìÝ ßìÀ ~ ¼ßíë¹ßßÉß Öã¼ß ~íëÖòÖß¾ß¼ß, ë~ÀÉß ¼ßëÝ Ñì.
3. ¼ßß½ßÃ,2009 ë~ Þ£ß £ß~ Öã¼ß /Êëà¹ßÖ ~ßÊíëÄ ~ã ÐßÞÛ¾ßß 28.42 ÉßßÛß Ðßë
¹ßñÜ~À 35.4 ÉßßÛß Ñíë ß¨Ã.
4. Ðßã¹ßãÐß ßÆßÑ~íëÝ ë~ àÉß ßÆßÑ~íëÝ ~ã ÐßäàËß±ßß Ñë£ßä ÞÖÀ²ßëÖ ¹ßìÝàÞÞ~ß (àÀÖëÉß ËßÞ Æ~¼ß ÎÇß¢ë ßã ÐßÞÛ¾ßß ä~Éß ~ß %
~ßµßíëÃÀëÖ) µßÆßÀÞºß à~¾ßß ß¾ßß. ÐßÞÛ¾ßß
5. ÞÖÀ²ßëÖ ¹ßìÝâ~ß ( àÀÖëÉß ßìÀ ~ßµßíëÃÀëÖ) ë~ Ðßß¦ß ßî²ß Éßß²ß ~À ºßäß£ßß²ß (¨Ã 1 ßÆß¼ßã¢ß 411 28.70
Öëì¬Ðß) µßÆßÀÞºß à~¾ßß ß¾ßß..
2 ±ßÃ-ÍßÑÀã 412 28.77
6. ¼ßíë¹ßßÉß ¶~íë²ß µßÀ à²ßóÍßäÉ~ Ðß ¼ß Ðß ÉßÖÃ à~¾ßß Ìßß£ßß Ñì ßìÀ Ðß ÐßäàËß±ßß
ë~ àÉß µßÞÌßãè~£ß ßÆßÑ~íëÝ ~íë Ûßß£ßë ÍßëÏß ~ã ÐßäàËß±ßß ºßã µßÉß¹±ß Ñì. ¹ßìÝ~ ë~ 3 ÍßÑÀã 393 27.45
µß²ßë Öã¼ß ¼ßëÝ Ðß ¼ß Ðß ÉßÖÃ ÐßäàËß±ßß ë~ àÉß ÀàÌßÐÖÀ ~À²ßë ~ß àËß~Éµß 4 ¼ßëÖÅíë 216 15.08
Ñì.
ä~Éß 1432 100.00
7. ²ßß²ß µßÐßÃ²ßÉßßÊ Êëà¹ßÖ ~ßÊÃ ßìÀ ÖÅßÞÌßë¬Íß²ß àµß²ß ~íë ~ßÞÖÀ µßÀ Ñã ÌßßÀã
~À²ßë ~ã ÐßäàËß±ßß Éßßßæ ~ã ß¨Ã Ñì.
26
4.4.1. The Bank is giving adequate thrust to brand building transaction facility was launched for CBS Customers.
exercises. The Bank has undertaken steps during 2008-09 5. Online Tax payment (eTax) was launched along with
to make banking a delightful experience to the customers Internet Banking (Retail as well as Corporate).
and maximise returns to Banks shareholders. Bank has 6. SMS Alerts are made available over Mobile Phones at
prepared a corporate plan for branding and corporate free of cost and account balances are made available to
communication for the year 2009-10. In terms of the same, clientele registered for this facility. Option to register for
the Bank proposed a month wise corporate communication SMS Alert facility was also provided on Bank owned ATMs.
plan to keep the stakeholders fully informed of the initiatives. 7. Facility of issuing non-Personalised Debit Cards and
The Bank also proposes new deposit and loan products and Transaction PIN, across the counter, is introduced.
reengineer existing ones for niche markets and launching
the On-Line news room which can be accessed by the 4.6 Network Expansion
customers through the website. During the year, Bank opened 66 Branches (including
upgradation of 16 Extension Counters) and 70 ATMs. With
4.5. IT initiatives this, as at the end of 31st March '09, Bank had 2248 Delivery
1. The Bank migrated to Core Banking Solution. The Bank Channels consisting of 1432 Branches, 52 Extension
Counters, 38 Satellite Offices and 726 ATMs spread over 22
States and 2 Union territories. The Bank has 40 specialized
branches, catering to the needs of the specific segments of
clientele. The Bank also has two Representative (overseas)
Offices at Dubai (U.A.E) (opened in May 06) and New Jersey
(U.S.A) (opened in November, 08)
The population group-wise classification of branches is
as follows:
Table 12: Classification of Branches
¹ßìÝ~ ²ßë Ðß¼ßÐß ÉßÖÃÐß ËßÞ ÞÖÀ²ßëÖ ¹ßìÝâ~ß µßÆßÀÞºß à~¾ßß.

Bank launched the SMS alerts and Internet Banking facilities
signed an agreement with Hewlett Packard (HP) India

for implementation of a comprehensive Core Banking
Solution (CBS) at its branches with Finacle solution. By
the end of March, '09 CBS was implemented in all the
1432 branches in a record time.
2. Number of ATMs increased from 656 as on 31.03.'08 to
726 as on 31.03.'09. The Bank also has 3 Biometric ATMs
(including 2 with mobile facility) in the twin cities of S. No. Category Number % to total
Hyderabad & Secunderabad (A.P.) as an initiative towards 1 Rural 411 28.70
financial inclusion and one Mobile ATM at Kottayam, 2 Semi-urban 412 28.77
Kerala. 3 Urban 393 27.45
3. Number of ATM/Debit Cards increased from 28.42 lakh 4 Metro 216 15.08
to 35.4 lakh by the end of Mar09. TOTAL 1432 100.00
4. Internet Banking (Retail and Corporate) with customer
27
31¼ßß½ßÃ, 2009 ~íë ¹ßìÝ~ ~ã 40 àËßÍßëÏß ÍßßÛßßÞ ÑìÝ àÌß²ßë~ àËßËßÀ¢ß ²ßã½ßë à§¾ßë ÌßíëàÛß¼ß, ¹ßßÌßßÀ ÌßíëàÛß¼ß ßìÀ ßîµßÀëÍß²ßÉß ÌßíëàÛß¼ß ë~ µßÆ¹ßÞ±ß²ß ë~ àÉß ~ Ë¾ßßµß~
ß¾ßë ÑìÝ. ~ãè~£ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß µßíîàÉßÐßã £ßì¾ßßÀ ~ã Ñì. £ß§ò²ßäÐßßÀ Ðßºßã ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ~ß¾ßÃ
ÐßßÀ¢ßã 13: àËßÍßëÏß ÍßßÛßßÞ ¦ßßÃ£ß Æë~àÊÖ ÌßíëàÛß¼ß, ßàÐ£ß §ë¾ß£ßß µßÆ¹ßÞ±ß²ß (Éß¼ß) Êíîà¼ßàÐÖ~ ÖÅëÌßÀã ~ß à¼ßÊ
ßîà¶~Ðß ßìÀ µßàÀ½ßßÉß²ßß£ß ÌßíëàÛß¼ß ~ß¾ßÃ ~íë ÌßíëñÊß ß¾ßß Ñì. ¹ßìÝ~ ~ã ~ãè~£ß
Æ~¼ß àËßÍßëÏß ÍßßÛßßßëÝ ~ã ÎÇí¢ë ßã ÍßßÛßßßëÝ ~ã
ÐßÞÛ¾ßß ÐßÞÛ¾ßß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ²ßãà£ß ~ã Ðß¼ßãßß µßÆà£ßËßÏßÃ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ °ßÀß §ã ß¨Ã
à±ßÐßæ½ß²ßß ë~ ²ßäÂµß ~ã Ìßß£ßã Ñì.
1 àËßÍßëÏß Ðß ¼ß ¨Ã ÍßßÛßßÞ 15
2 àËßÍßëÏß è~àÏß àËß££ß ÍßßÛßßÞ 3 5.2.1. Æ~ë àÊÖ ÌßíëàÛß¼ß
3 àËßÍßëÏß ßÆã Ñß-Öë~ ÍßßÛßßÞ 6 v ¹ßìÝ~ ²ßë Æë~àÊÖ ÌßíëàÛß¼ß ë~ ¼ßß¼ßÉßíëÝ Ðßë ÐßÞ¹ßÞà±ß£ß Ðßºßã ¼ßß¼ßÉßíëÝ ë~ àËßÍÉßëÏß¢ß ~À,
4 àËßÍßëÏß ßËßßÐß àËß££ß ÍßßÛßßÞ 6 ¹ßíëÊÃ ~íë àÐß¶~ßàÀÍß ~À²ßë ë~ àÉß Æë~àÊÖ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß ~ß ß×²ß
à~¾ßß Ñì.
5 Ëßì¾ßà¬£ß~ ¹ßìÝâ~ß ÍßßÛßßÞ 4
6 ~ßµßíëÃÀëÖ àËß££ß ÍßßÛßßÞ 2 v ¹ßìÝ~ ë~ µßßÐß ¹ßíëÊÃ °ßÀß àËßà±ßËß£ß ²ßä¼ßíëà§£ß ~ ÐßäµßßàÀºßßàÏß£ß ~¢ß ²ßãà£ß Ñì.
¹ßìÝ~ ²ßë ~¢ß µßÆÐ£ßßËßíëÝ ~ã µßÆÐ£ßäà£ß Ñë£ßä ¼ßß²ß~íëÝ, àËß££ßã¾ß µßÆà£ßÒßß µß¥ß, ~¢ß
7 ßîÖíë Öë~ ÍßßÛßß 1
à²ß±ßßÃÀ¢ß ¼ßß²ß~ ßìÀ ¹ßìÝ½ß¼ßßÃ~,~¢ß ²ßä¼ßíë§²ß à±ß~ßÀ ~ß µßÆ£¾ßí¾ßíëÌß²ß, ¹ßñÊë
8 ßëËßÀÐßãÌß ÍßßÛßß 1 ~¢ß ¬ÐßµßíëÌßÀ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ àËßËßë~µßæ¢ßÃ Ðßã¼ßß, ßàÐ£ß ë~²§Æã~À¢ß, ÐßÞµßßàÍËßÃ~
9 Ñß¨Ã-Öë~ ÍßßÛßß 1 ~¢ß Ñë£ßä ¼ßß²ß~, ÐßÞºßßß µßÆ¹ßÞ±ß²ß, ~¢ß Ðß¼ßãßß µß«à£ß, ÌßíëàÛß¼ß ë~²§Æã~À¢ß,
10 ßàÐ£ß ËßÐßæÉßã µßÆ¹ßÞ±ß²ß ÍßßÛßß 1 ÌßíëàÛß¼ß à²ßßÀß²ßã ßìÀ ¼ßæÉ¾ßßÞ~²ß, ~¢ßíëÝ ~ß à²ß±ßßÃÀ¢ß, µßÆßËß±ßß²ßã~À¢ß, àËßà²ß¾ßß¼ß~/
ä~Éß 40 àËßà±ß~ ²ßäµßßÉß²ß ßà§ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ²ßãà£ß à²ß±ßßÃàÀ£ß ~ã Ñì.
4.6.1 ÉµßÐßÞÛß¾ß~ ¹ßÑäÉß àÌßÉßíëÝ ¼ßëÝ µßàÐ¦ßà£ß v ¹ßìÝ~ ²ßë àËßàºß²²ß ÎÇíë¢ßã ë~ ¬ÐßµßíëÌßÀíëÝ ë~ àÉß Ë¾ßßµß~ ÌßíëàÛß¼ß à²ß±ßßÃÀ¢ß
ÉµßÐßÞÛ¾ß~ ¹ßÑäÉß àÌßÉßíëÝ ¼ßëÝ ÍßßÛßßßëÝ ~ã ÐßÞÛ¾ßß ¹ßñÜ~À 31.03.2009 £ß~ 178 µßÆ¢ßßÉßã £ßì¾ßßÀ ~ã Ñì.
Ñíë ß¨Ã ÑìÝ Ìß¹ßà~ 31.03.2008 ~íë 165 ¦ßã ¦ßßÃ£ß ¹ßìÝ~ ~ã ä~Éß ÍßßÛßß ²ßëÖËßÃ~ v ¹ßìÝ~ ²ßë ~ßµßíëÃÀëÖ ~¢ß~£ßßÃßëÝ ë~ ~¢ß à²ß±ßßÃÀ¢ß Ñë£ßä ¹ßßÑÀã ~¢ß à²ß±ßßÃÀ¢ß
~ß 12.43% §ëÍß ë~ ÉµßÐßÞÛ¾ß~ ¹ßÑäÉß àÌßÉßíÞë ¼ßëÝ ÑìÝ. ÐßÞÐ¦ßßßëÝ (¨ÃÐßãß¨Ã) ë~ Ðßß¦ß Ðß¼ßÔßíì£ßß Òßßµß²ß à~¾ßß Ñì.
5. ßä¢ßß£¼ß~ µßÑÉßäÞ v ¹ßìÝ~ àÆ~àÐßÉß ~ã ®íëß Ðßæ½ß²ßß ßìÀ àÆ~àÐß²ß¶ìÝ~~ Ðßë ®ßëß ÌßíëàÛß¼ß Ð~íëÀ ÐßëËßß
5.1. µßæÌï ßã µß¾ßßÃµ£ß£ßß ~ß µß¾ßíëß ~À ÀÑß Ñì.
¹ßìÝ~ ²ßë µß²ßã µßæïÌßã à²ßà±ß ¼ßëÝ Ëßèà« ë~ àÉß àÐß£ß¼¹ßÀ,2008 ë~ §íìÀß²ß 11% æ~µß²ß
v ¹ßìÝ~ ²ß ®íëßíëÝ / ßë¥ßíëÝ ~ß µßíëÖÃ¶~íëàÉß¾ßíë ±¾ß¾ß²ß ~À£ßß Ñì, ÌßÑíïÞ ¬ÐßµßíëÌßÀ
§À µßÀ ËßßàÏßÃ~ §ë¾ß µßÀ Á.600 ~ÀíëñÊ ~ß Ðß¹ß ßàÊÃ²ßëÖëÊ ¹ßßÞÊ µßÆÐ£ßä£ß à~¾ßß Ñì.
¹ßìÝ~ ²ßë à§Ðß¼¹ßÀ 2008 ¼ßëÝ Á.200 ~ÀíëñÊ ë~ ²²ßíëËßëàÖËß µßÀàµß½ßäÉß Êë¹Ö ¼ßÑ£Ëßµßæ¢ßÃ ÑìÝ ßìÀ ëÐßë ±¾ß¾ß²ß ë~ à²ßÏ~ÏßßÃëÝ µßÀ ½ß½ßßÃÃ ~¢ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß
(ß¨ÃµßãÊãß¨Ã) ßìÀ ¼ßß½ßÃ,2009 ¼ßëÝ Á.200 ~ÀíëñÊ ~ß µßÀ Öã¾ßÀII ¹ßßÞÊ ºßã Ðßà¼ßà£ß ßìÀ ¹ßíëÊÃ ¼ßëÝ ~ã Ìßß£ßã Ñì.
µßÆÐ£ßä£ß à~¾ßß Ñì. Ðßë~ Ðßß¦ß ä~Éß µßæïÌßã à²ßà±ß àµß¿Éßë ËßÏßÃ ë~ Á.4,221.34 ~ÀíëñÊ 5.2.2. ¹ßßÌßßÀ ÌßíëàÛß¼ß
Ðßë 31.80% Ëßèà« ë~ Ðßß¦ß ¹ßñÜ~À Á.5,563.83 ~ÀíëñÊ Ñíë ß¾ßß ßìÀ ¹ßëÐßÉßII
µßæïÌßã µß¾ßßÃµ£ß£ßß ²ßäµßß£ß 13.22% Ñì. µßæïÌßã µß¾ßßÃµ£ß£ßß ²ßäµßß£ß ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ¹ßìÝ~ ²ßë ¹ßßÌßßÀ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ~ß¾ßßÃëÝ ë~ àÉß ~ ÐßäµßßàÀºßßàÏß£ß ¹ßßÌßßÀ ÌßíëàÛß¼ß
°ßÀß à²ß±ßßÃàÀ£ß 9% ~ã £ßäÉß²ßß ¼ßëÝ Éßßß£ßßÀ Ðßß£ß ËßÏßßÃëÝ Ðßë 11% Ðßë à±ß~ ÀÑß. ²ß µßÆ¹ßÞ±ß²ß ²ßãà£ß à²ß±ßßÃàÀ£ß ~ã Ñì. ¹ßìÝ~ ßàÐ£ß §ë¾ß£ßß µßÆ¹ßÞ±ß²ß (Éß¼ß) ²ßãà£ß ßìÀ
§íë²ßíëÝ ²ßë 8.67% ~ã ½ß Öã¾ßÀ -1 µßæïÌßã ²ßäµßß£ß ²ßë ¹ßìÝ~ ~íë à£ßàÀ¬£ß µßæïÞÌßã à²ßËßëÍß/ àËß§ëÍßã ¼ßä§Æß ²ßãà£ß ë~ ¼ßß±¾ß¼ß Ðßë ¹ßßÌßßÀ ÌßíëàÛß¼ß ~ß µßÆ¹ßÞ±ß ~À£ßß Ñì.
ÌßäÖß²ßë ßìÀ ºßßËßã Ë¾ßßËßÐßßà¾ß~ àËßÐ£ßßÀ ~íë µßæÀß ~À²ßë ¼ßëÝ ¼ß§§ ~ã. ºßßÀ£ßã¾ß àÀÌßËßÃ 5.2.3. µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß
¹ßìÝ~ ë~ à§Íßß à²ß§ëÃÍßíëÝ ë~ ²ßäÐßßÀ ¹ßìÝ~ ²ßë 31.03.2009 Ðßë ¹ßëÐßÉß-II µßæïÌßã
µß¾ßßÃµ£ß£ßß ¼ßß²ß§ÞÊ ~ã ßëÀ ¼ßßßÆëÖ à~¾ßß Ñì ßìÀ Æë~àÊÖ àÀÐ~,ßîµßÀëÍß²ßÉß àÀÐ~ µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß ~ß µßÆ¹ßÞ±ß²ß ~ãè~£ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ²ßãà£ß ~ß ~ ºßßß Ñì ßìÀ
ßìÀ ¼ßßÃë~Ö àÀÐ~ Ñë£ßä ÐßãßÀßÀ ~ß µßàÀ~Éß²ß à~¾ßß ß¾ßß Ñì. à¶~Àºßã ºßßÀ£ßã¾ß ¹ßìÝ~ ²ßë ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ à§Íßß à²ß§ëÃÍßíëÝ ë~ µßàÀµßÆë¾ß ¼ßëÝ µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß ë~
àÀÌßËßÃ ¹ßìÝ~ ë~ ÐßÉßßÑ ²ßäÐßßÀ ¹ßìÝ~ Ðß¼ßß²ßßÞ£ßÀ µßÆ¦ßß ë~ Âµß ¼ßëÝ ¹ßëÐßÉß-I ¼ßß²ß§ÞÊíëÝ ë~ µßÆ¹ßÞ±ß²ß Ñë£ßä ±¾ßß²ß ë~à²§Æ£ß à~¾ßß Ñì. ¹ßìÝ~ ²ßë µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß ë~ µßÆ¹ßÞ±ß²ß ~ã
²ßäÐßßÀ ÐßãßÀßÀ µßàÀ~Éß²ß ~À²ßß ÌßßÀã ÀÛßëßß. ¹ßìÝ~ ²ßë Ë¾ßËßÐßßà¾ß~ Ð£ßÀ ¼ßëÝ à±ßÐßæ½ß²ßß ë~ ²ßäÂµß ~¨Ã ~§¼ß ×ß¾ßë ÑìÝ.
Ëßèà« ~ã ÐßÞºßßËß²ßß ßìÀ àËßàºß²²ß àµßÉßßÀ I ÌßíëàÛß¼ßíëÝ ~ã à£ßàÀ¬£ß µßæïÌßã µßëßßßëÝ 5.2.4. ¹ßëÐßÉß - II ¼ßßßÆÍë ß²ß
~íë ±¾ßß²ß ¼ßëÝ ÀÛß£ßë Ñä µßæïÌßã µß¾ßßÃµ£ß£ßß Ð£ßÀ ë~ ¼ßæÉ¾ßßÞ~²ß Ñë£ßä µßæïÌßã µß¾ßßÃµ£ß£ßß
à²ß±ßßÃÀ¢ß µßÆà~¾ßß ~íë Éßßßæ à~¾ßß Ñì. à²ß±ßßÃÀ¢ß µßÆà~¾ßß ¼ßëÝ ¹ßëÐßÉß I-II à§Íßßà²ß§ëÃÍßíëÝ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ à§Íßß à²ß§ëÃÍßíëÝ ë~ ²ßäÐßßÀ ²ß¾ßã µßæïÌßã µß¾ßßÃµ£ß£ßß ¶Æë~¼ßËßÃ~ ë~
£ßÑ£ß àµßÉßßÀ-II ~ã ÌßíëàÛß¼ßíëÝ ¾ß¦ßß Æë~àÊÖ ~íî²ÐßëÝÖÅëÍß²ß àÀÐ~, ¹ßìÝâ~ß ¹ßàÑ¾ßíëÝ ¼ßëÝ Þ£ßßÃ£ß ºßßÀ£ß ë~ Ðßºßã Ëßßà¢ßà¾ß~ ¹ßìÝ~ ÐÖìÝÊÊßÃÊ µßÆíë½ß ¶~ßîÀ Æë~àÊÖ àÀÐ~,
ÞÖÀëÐÖ ÀëÖ àÀÐ~, à¹ßÌß²ßëÐß Ðßß~Éß àÀÐ~ ßà§ ~íë Íßßà¼ßÉß ~À²ßë ~ß ¶Æë~¼ßËßÃ~ ºßã ÐÖìÝÊÊßÃÊ Êò¾ßääÀëÍß²ß µßÆíë½ß ¶~íîÀ ¼ßßëÃ~Ö àÀÐ~ ßìÀ ¹ßëàÐß~ ÞàÊë~ÖÀ µßÆíë½ß ¶~íîÀ
Íßßà¼ßÉß Ñì. ßîµßÀëÍß²ßÉß àÀÐ~ ~ß ²ßäµßßÉß²ß ~ÀëÝßë . àËß§ëÍßã ¹ßìÝ~ ßìÀ àÌß²ß ¹ßìÝ~íë ~ß ßîµßÀëÍß²ß
5.2. ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ºßßÀ£ß Ðßë ¹ßßÑÀ Ñíë ÀÑß Ñì, Ëßë 31 ¼ßß½ßÃ,2008 Ðßë ¬£ß ½ß¾ßà²ß£ß µßÆíë½ßíëÝ ~íë ¼ßßßÆëÖ
~À ½ßäë~ ÑìÝ. ²¾ß Ðßºßã Ëßßà¢ßà¾ß~ ¹ßìÝ~íëÝ ~íë 31 ¼ßß½ßÃ,2009 Ðßë ²ß µßÆíë½ßíëÝ ~ã
¹ßìÝ~ ²ßë ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ à§Íßß à²ß§ëÃÍß ²ßíëÖíëÝ / à§Íßß à²ß§ëÃÍßíëÝ ë~ ²ßäÐßßÀ Æë~àÊÖ
28
As on March 31, 09 the Bank had 40 Specialized Branches, risk and operational risk as per the guidance notes/guidelines
as detailed hereunder: of RBI. Accordingly, all the risk management functions, viz.,
credit Risk, Asset-Liability Management (ALM), Mid-office of
Table 13: Specialized Branches
the domestic treasury and operational risk functions have
Sl. Category of Specialized Branches Number of been integrated. The Integrated Risk Management Policy
No. branches of the Bank is being reviewed every year in tune with the
1 Specialized SME Branches 15 notifications given by the RBI.
2 Specialized Agriculture Finance Branches 3 5.2.1. Credit Risk
3 Specialized Agri-Hitech Branches 6 v The Bank has constituted Credit Risk Management
4 Specialized Housing Finance Branches 6 Committee for analyzing all issues relating to matters of
5 Personal Banking Branches 4 credit risk and then recommend to the Board.
6 Corporate Finance Branches 2 v The Bank has a well defined Loan Policy duly approved
by the Board. The Bank has formulated policies on
7 Auto Tech Branch 1
standards for presentation of credit proposals, financial
8 Overseas Branch 1 covenants, rating standards and benchmarks, delegation
9 Hitech Branch 1 of credit approving powers, prudential limits on large credit
10 Asset Recovery Management Branch 1 exposures, asset concentrations, standards for loan
collateral, portfolio management, loan review mechanism,
TOTAL 40
risk concentrations, risk monitoring and evaluation, pricing
4.6.1 Presence in minority-dominated districts of loans, provisioning, regulatory/legal compliance etc.
Number of branches in minority dominated districts increased v The Bank has in place comprehensive risk rating system
from 165 as on 31.03.08 to 178 as on 31.03.09, i.e., 12.43% for various categories of exposures.
of Banks total branch network across the country has v Bank has entered into Memorandum of Understanding
presence in minority dominated districts. with the External Credit Assessment Institutions (ECAIs)
for rating the corporate borrowers.
5. QUALITATIVE ASPECTS
v The Bank is utilising industry reports from CRISIL and
5.1. Capital Adequacy the industry risk score service from CRISINFAC
The Bank raised subordinated debt of Rs.600 crore at coupon v The Bank undertakes portfolio studies on industries/
rate of 11% during September '08 to augment its capital funds. sectors where the exposures are substantial and the
The Bank has also raised an amount of Rs.200 crore of findings of such studies are discussed at Credit Risk
Innovative Perpetual Debt (IPDI) in Dec08 and Rs.200 crore Management Committee and Board.
of upper Tier II bonds in March 09. With this, the total capital 5.2.2. Market Risk
funds now stand at Rs.5,563.83 crore, up by 31.80% from
Rs.4,221.34 crore in the previous year and BASEL-II capital The Bank has in place a well-defined Market Risk
adequacy ratio is at 13.22%. CRAR has been above 11% for Management Policy and organizational structure for market
seventh year consecutively, when compared to RBI risk management functions. The Bank manages market risk
prescribed norm of 9%. Coupled with this, a high Tier I capital through Asset-Liability Management (ALM) policy and
ratio of 8.67% provided the Bank sufficient headroom for investments/forex policy.
future business expansion. As per RBI guidelines, Bank has 5.2.3. Operational Risk
already moved over to Basel II Capital Adequacy norms with
effect from 31.03.09 and computed CRAR for Credit risk, Management of Operational Risk (OR) is a part of the
Operational risk and Market risks. However, as advised by Integrated Risk Management Policy and the Bank has
RBI, Bank continues to compute the CRAR as per Basel I focused attention for the management of Operational Risk in
norms also as a parallel run. Bank has also put in place a the light of RBIs guidelines. Bank has taken many initiatives
Capital Adequacy Assessment Process (CAAP) for in tune with the notification of Management of Operational
assessing the adequacy of capital levels keeping in view the Risk.
expected increase in business levels and the additional capital 5.2.4. Basel - II Migration
requirement for various Pillar I risks. The assessment process
As per RBI guidelines, all Commercial Banks in India shall
also includes a framework for inclusion of Pillar-II risks under
follow the Standardised Approach for credit risk,
Basel-II guidelines, such as credit concentration risk, interest
Standardised Duration Approach for market risk and Basic
rate risk in the banking book, business cycle risks etc.,
Indicator Approach for operational risk under the New Capital
5.2. Risk Management Adequacy Framework. Foreign Banks and the Banks which
are having operational presence outside India already
The Bank has put in place a comprehensive Integrated Risk
migrated to above selected approaches with effect from March
Management Policy for the management of credit risk, market
31, '08. All other commercial Banks were advised to migrate
29
íëÀ ¼ßßßÆëÖ ~À²ßë ~ã ÐßÉßßÑ §ã ß¨Ã Ñì £ß§ò²ßäÐßßÀ Ñ¼ßßÀë ¹ßìÝ~ ²ßë 31.03.2009 31 ¼ßß½ßÃÃ, 2009 ~íë ²ß µßã ~ß ßë¥ßËßßÀ àËß£ßÀ¢ß à²ß¼²ß µßÆ~ßÀ Ñì :
Ðßë ²ß¾ßã µßæïÌßã µß¾ßßÃµ£ß£ßß ¶Æë~¼ßËßÃ~ ¼ßëÝ ¼ßßßÆëÖ à~¾ßß Ñì.
ÐßßÀ¢ßã 15: ßë¥ßËßßÀ ²ßÌßÃ~ ßàÐ£ß¾ßßÞ
5.2.4.1. ~¢ß ÌßíëàÛß¼ß : (Á. ~ÀíëñÊ ¼ßëÝ, µßÆà£ßÍß£ßíëÝ ~íë ¿íëñÊ~À)
¹ßìÝ~ ²ßë 31.03.2009 ~íë à²ßËßëÍß £ßÑ£ß ½ß Öã ¼ß µßíëÖÃ¶~íëàÉß¾ßíë ÐßàÑ£ß ßìÀ ßë¥ß ÀßàÍß ä~Éß àßÆ¼ßßëÝ
µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß ë~ ¹ßëàÐß~ ÞàÊë~ÖÀ µßÆíë½ß ÐßàÑ£ß µßæÀë £ßäÉß²ß µß¥ß ë~ ~¢ß ÌßíëàÛß¼ß ~ß %
ë~ àÉß Ðß¶~Éß£ßßµßæËßÃ~ ¼ßß²ß~ µßÆßë½ß ~ã ßëÀ ¼ßßßÆëÖ à~¾ßß Ñì. ¹ßìÝ~ ²ßë ~ßµßíëÃÀëÖ
1. è~àÏß 17 0.04
~¢ß~£ßßÃßëÝ ë~ ~¢ß à²ß±ßßÃÀ¢ß Ñë£ßä ¹ßßÑò¾ß ~¢ß à²ß±ßßÃÀ¢ß ÐßÞÐ¦ßßßëÝ (¨ÃÐßãß¨Ã ) ë~
Ðßß¦ß Ðß¼ßÔßíì£ßß Òßßµß²ß à~¾ßß Ñì. ¹ßìÝ~ ²ßë ÀßÏÖÅã¾ß ¹ßìÝ~ µßÆ¹ßÞ±ß²ß ÐßÞÐ¦ßß²ß (²ß ß¨Ã ¹ßã 2. Éß³ßä ®¼ß 61 0.14
¼ß) µßä¢ßë ~ã µßÀß¼ßÍßÃ ÐßÑß¾ß£ßß Ðßë Æë~àÊÖ àÀÐ~ ÀëâÖß ¼ßíîÊÉß àËß~àÐß£ß ~ã Ñì. ¾ßÑ 3. ²¾ß µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß 79 0.18
¼ßíîÊÉß ÖÅßÞàÌßÍß²ß ¼ßëàÖÅÐßëÐß ßìÀ Êã¶~ßÉÖ µßÆß¹ßëà¹ßàÉßàÖÌß §ë²ßë ¼ßëÝ Ðß¼ß¦ßÃ Ñì ßìÀ ºßàËßÏ¾ß ä~Éß µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß 157 0.35
¼ßëÝ ¹ßìÝ~ ~íë ÊËßßÞÐÊ ¼ßãÌßÀ¼ßëÝÖ µßÆíë½ß ~ã ßëÀ ¹ßñÜ²ßë ¼ßëÝ ÐßÑß¾ß£ßß ~Àëßß. 4 ¼ß±¾ß¼ß ËßÞ ¹ßñÊë ®íëß 110 0.25
5.2.4.2. ¹ßßÌßßÀ ÌßíëàÛß¼ß: 5. ²¾ß ßìÀ-µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß 101 0.23
¹ßìÝ~ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ à§Íßßà²ß§ëÃÍßíëÝ ë~ ²ßäÐßßÀ ¹ßßÌßßÀ ÌßíëàÛß¼ßíëÝ (½ß ¶~ Öã ä~Éß ßìÀ-µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß 211 0.47
ßìÀ ¶~ Ðß ÎÇíëà¢ß¾ßíëÝ ¼ßëÝ à²ßËßëÍß) ë~ àÉß ÐÖìÝÊÊßÃÊ Êò¾ßäÀëÍß²ß µßÆíë½ß ¶~íîÀ Ðß~Éß ä~Éß 368 0.83
Þ~µ¾ßæâÖß ì~àµßÖÉß àÀ¬Ëßß¾ßÀ¼ßëÝÖ ~íë Éßßßæ ~À ÀÑß Ñì.
²ßÌßÃ~ ßàÐ£ß¾ßíëÝ ~ã àËßàºß²²ß ÎÇíëà¢ß¾ßíëÝ ë~ Þ£ßßÃ£ß à~¾ßë ß¾ßë µßÆßËß±ßß²ß
5.2.4.3. µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß: ÐßßÀ¢ßã 16 : ²ßÌßÃ~ ßàÐ£ß¾ßíëÝ ë~ àÉß à~¾ßë ß¾ßë µßÆßËß±ßß²ß
¹ßìÝ~ ²ßë ¹ßëàÐß~ ÞàÊë~ÖÀ µßÆíë½ß ë~ ²ßäÐßßÀ 31.03.2009 Ðßë µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß (Ð¦ßß¾ßã µßÆßËß±ßß²ß Ðß¼ßë£ß) (Á. ~ÀíëÊíëÝ ¼ßëÝ)
Ñë£ßä µßæïÌßã ~ß µßÆßËß±ßß²ß à~¾ßß Ñì. ¹ßìÝ~ ÊËßßÞÐÊ ¼ßãÌßÀ¼ßëÝÖ µßÆíë½ß ~ã µßëßßßëÝ ~íë ßàÐ£ß ~ã µßÆ~èà£ß ÀßàÍß à~¾ßß ß¾ßß µßÆßËß±ßß²ß
µßæÀß ~À²ßë ë~ àÉß ºßã ~ß¼ß ~À ÀÑß Ñì. Ðßë~ àÉß µßæïÌßã µßÆºßßÀ ë~ ß~Éß²ß ë~ àÉß
Ðß~Éß ß¾ß ~íë ß× Ë¾ßËßÐßß¾ßíëÝ ¼ßëÝ Éßß ~À²ßë ~ã µßÆàÆ~¾ßß µßÆßà£ß µßÀ Ñì. Ëß¼ßß²ß~ ßàÐ£ß¾ßíïÞ 135.10. 55.30
ÐßÞà§±ßßàÐ£ß¾ßíïÞ 222.18 222.18
5.3. µßÆ~Öã~À¢ß ²ßãà£ß
ß¾ß ßàÐ£ß¾ßßïÞ 10.86 10.86
¹ßìÝ~ ²ßë ¹ßíëÊÃ °ßÀß ²ßä¼ßíëà§£ß µßÆ~Öã~À¢ß ²ßãà£ß à²ß±ßßÃàÀ£ß ~ã Ñì àÌßÐß¼ßëÝ µßæïÌßã
µß¾ßßÃµ£ß£ßß ßìÀ ¹ßßÌßßÀ ²ßäÍßßÐß²ß £ß¦ßß ¹ßëÐßÉß II, àµßÉßÀ-3 ë~ Þ£ßßÃ£ß à£ßàÀ¬£ß ä~Éß 368.14 288.34
µßÆ~Öã~À¢ß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ °ßÀß ÌßßÀã Þà£ß¼ß à§Íßßà²ß§ëÃÍßíëÝ ~íë ºßã 5.5 ±ßßÀ ~ß¾ßÃ
àËßà±ßËß£ß Íßßà¼ßÉß à~¾ßß ß¾ßß Ñì. ¹ßìÝ~ ¼ßëÝ ¹ßíëÊÃ °ßÀß ²ßä¼ßíëà§£ß ~¢ß ²ßãà£ß Ñì ËßÞ ~¢ß ²ßãà£ß ¹ß²ßß²ßë ë~ àÉß ~¢ß
5.4 ßàÐ£ß ßä¢ßËß££ßß µßÆ¹ßÞ±ß²ß ²ßä¼ßíë§²ß ËßÞ ~¢ß à²ßßÀß²ßã ËßÞ Ðß¼ßãÝßß àËßºßßß ~ß¾ßÃ ~À£ßë ÑìÝ. ~¢ß ²ßãà£ß ë~ ~
ºßßß ë~ Âµß ¼ßëÝ ¹ßìÝ~ ²ßë ßÞ½ßàÉß~ ~ß¾ßßÃÉß¾ßíëÝ ¼ßëÝ à°£ßã¾ß Ð£ßÀ / £ßè£ßã¾ß Ð£ßÀ
Ðßà¼¼ßàÉß£ß µßÆ¾ßßÐß ë~ ¼ßß±¾ß¼ß Ðßë ¹ßìÝ~ 31.03.2008 ë~ Á.372.43 ~ÀíëñÊ ë~ à±ß~ßßàÀ¾ßíëÝ ~íë ~¢ß ¼ßÞÌßÀ ~À²ßë ë~ àÉß à±ß~ à±ß~ßÀ µßÆ£¾ßß¾ßíëàÌß£ß à~¾ßß Ñì
Ðß~Éß ²ß µßã ë~ Ð£ßÀ ~íë ~¼ß ~À 31.03.2009 ~íë Á.368.14 ~ÀíëñÊ £ß~ £ßßà~ ~¢ßíëÝ ~ã ¼ßÞÌßæÀã Íßã³ßÆ Ñíë. Ë¾ßà¬£ßß£ß ±ßßÀ~£ßßÃßëÝ, ¶~¼ßÃ, Þ~µßà²ß¾ßíëÝ ~íë ±ßßÀ
Éßß¾ßß. Ðß~Éß àßÆ¼ßíëÝ ë~ ²ßäµßß£ß ë~ Âµß ¼ßëÝ Ðß~Éß ²ß µßã ¼ßëÝ Ðßä±ßßÀ 1.07% §ë²ßë ë~ àÉß ¹ßìÝ~ ~ã ¬ÐßµßíëÌßÀ Ðßã¼ßßïÞ ÑìÝ. ¹ßìÝ~ ~ã ßë¥ß ËßßÀ ßÞ£ßàÀ~ ¬ÐßµßíëÌßÀ
(31.3.2008) Ðßë 0.83%.(31.3.2009) à~¾ßß ßìÀ à²ßËßÉß àßÆ¼ßíëÝ ë~ ²ßäµßß£ß Ðßã¼ßßïÞ ºßã ÑìÝ.
ë~ Âµß ¼ßëÝ à²ßËßÉß ²ß µßã 31.03.2009 ~íë 0.18 % ÀÑß. 31.03.2009
~íë ²ßµßã ~ß µßÆßëàËßÌß²ß ~ËßÀëÌß 81.49%. ¦ßß. ²ß µßã ~ß ÐßÞ½ßÉß²ß à²ß¼²ß
5.6 à²ßÀãß¢ß ËßÞ ÉßëÛßß µßÀãßß
µßÆ~ßÀ Ñì : à²ßÀãß¢ß ËßÞ ÉßëÛßß µßÀãßß àËßºßßß ¹ßìÝâ~ß Ë¾ßËßÐßß¾ß ¼ßëÝ à²ßàÑ£ß àËßàºß²²ß ÌßíëàÛß¼ßíëÝ ë~
Ð£ßÀ ËßÞ à§Íßß à²ß±ßßÃàÀ£ß ~À²ßë ë~ àÉß ÐßßßÞàËßà±ß~, àËßà²ß¾ßß¼ß~ ËßÞ ßÞ£ßàÀ~
ÐßßÀ¢ßã 14: ²ßÌßÃ~ ßàÐ£ß¾ßíëÝ ~ã àÐ¦ßà£ß ²ßäµßßÉß²ß µßÀ µßÆ~ßÍß ÊßÉß²ßë ë~ àÉß ÍßßÛßßßëÝ, µßÆ. ~ß. ë~ àËßºßßßíëÝ, ßà½ßàÉß~
(Á. ~ÀíëñÊ ¼ßëÝ, µßÆà£ßÍß£ßíëÝ ~íë ¿íëñÊ~À) ~ß¾ßßÃÉß¾ßíëÝ, µßÆß¾ßíëàÌß£ß ßë. ßÆß. ¹ßìÝ~íëÝ ËßÞ è~Ïß~ ÐßëËßß ÐßÑ~ßÀã Ðßà¼ßà£ß¾ßíëÝ ë~ àËßàºß²²ß
à²ßÀãß¢ßíëÝ ËßÞ ÉßëÛßß µßÀãßß ~íë ~ß¾ßÃÂµß §ë²ßë ßëÀ à²ßßÀß²ßã ~ß ~ß¼ß ~À£ßß Ñì.
2007-08 2008-09 àËßºßßß ~ß ß¨ÃÐß ÉßëÛßß µßÀãßß âËßß ²ßë Ðßºßã ÍßßÛßßßëÝ ë~ ~íëÀ ¹ßìÝâ~ß µÉßßÖ¶~ß¼ßÃ
ËßÏßÃ ë~ µßÆßÀÞºß ¼ßëÝ Ðß~Éß ²ß µßã 397.01 372.43 ¼ßëÝ ¼ßßßÆëÖ Ñíë²ßë ë~ £ßäÀÞ£ß ¹ßß§ Ðßºßã ÍßßÛßßßëÝ ~ã ¼ßßßÆëÍß²ß ÉßëÛßß µßÀãßß Ðß¶~Éß£ßß ë~
Ðßß¦ß µßæÀã ~ã Ñì.
ËßÏßÃ ë~ §íìÀß²ß Ëßèà« 201.52 201.32
5.7 ßä¢ßËß££ßß ßÍËßßÐß²ß
ËßÏßÃ ë~ §íìÀß²ß ~¼ßã 226.10 205.61 ËßÏßÃ 2008-09 ë~ §íìÀß²ß, ¹ßìÝ~ ²ßë ~íëÀ ¹ßìÝâ~ß ÐßíëÉ¾ßæÍß²ß µßÆíì®íëàß~ã ~ã ÐßÑß¾ß£ßß
Ðßë ÍßßÛßßßëÞ ~ã ä~¿ ßà£ßàËßà±ß¾ßíëÝ ~ß Þ£ßÀ¢ß ~À£ßë Ñä Ðßºßã ßÞ½ßàÉß~ ÑìÊ¬ËßßÖÃÀíëÝ
ËßÏßÃ ë~ Þ£ß ¼ßëÝ Ðß~Éß ²ß µßã 372.43 368.14
¼ßëëÝ µßßÍËßÃ ~ß¾ßßÃÉß¾ß Ð¦ßßàµß£ß à~¾ßß Ñì àÌßÐßÐßë ÍßßÛßßßëÝ ¼ßëÝ ßÆßÑ~ ÐßëËßß ¼ßëÝ µß¾ßßÃµ£ß Ðßä±ßßÀ
à²ßËßÉß ²ß µßã 53.70 79.22 Ñäß Ñì. ¹ßìÝ~ ë~ Ë¾ßËßÐßß¾ß µßÆàÆ~¾ßß ÀãÞàÌß²ßã¾ßâÀß µßÑÉßäßëÝ ë~ ºßßß ë~ Âµß ¼ßëÝ, ä~¿
ßà£ßàËßà±ß¾ßíëÝ ÌßìÐßë ÊßÖß µßÆàËßàÏÖ, ÊßÖß ÐßÞÐßß±ß²ß, Ûßß£ßß ÛßíëÉß²ßß, ½ßë~ Ðß¼ßßÍßíë±ß²ß, µßßÐß
30
to these approaches with effect from March 31, 09. The segment-wise distribution of NPAs as on 31st March, '09,
Accordingly, the Bank has migrated to New Capital Adequacy is as under:
frame work w.e.f. March 31, 2009.
Table 15: Segment-wise Non-Performing Assets
5.2.4.1. Credit Risk (Rs. in crore, except for percentages)
Bank has successfully migrated to Standardised Approach Segment Amount % to total
for Credit risk for total balance sheet including the HTM advances
portfolio under investment as well as the Basic indicator 1. Agriculture 17 0.04
approach for operational risk as on March 31, '09. Bank has 2. Small Enterprises 61 0.14
entered into Memorandum of Understanding with the External 3. Other Priority Sector 79 0.18
Credit Assessment Institutions (ECAIs) for rating the corporate Total Priority Sectors 157 0.35
borrowers. The Bank has also developed a Credit Risk Rating
4 Medium & Large Industry 110 0.25
Model (CRRM) with the consultancy assistance of National
Institute of Bank Management (NIBM), Pune. This model is 5. Other Non-priority Sectors 101 0.23
capable of providing transition matrices and default Total Non-priority sectors 211 0.48
probabilities and would help the Bank in moving to the Grand Total 368 0.83
Advanced Measurement Approach in future.
Provisions held under different classes of NPAs are as under:
5.2.4.2. Market Risk
Table 16: Provisions held for Non-Performing Assets
The Bank is applying the Standardised Duration Approach (including floating provision) (Rs. in crore)
for computing capital requirement for market risks Nature of Asset Amount Provision Held
(investments in HFT and AFS categories) as per RBIs Sub-standard Assets 135.10 55.30
guidelines.
Doubtful Assets 222.18 222.18
5.2.4.3. Operational Risk Loss Assets 10.86 10.86
Bank has provided capital for operational risk as per the Basic Total 368.14 288.34
Indicator Approach (BIA) with effect from 31.03.09. Bank is 5.5. Lending Practices
also working towards meeting the requirements of the
Advanced Measurement Approach. For this, process of The Bank has a Board approved loan policy in place and the
segregating the gross income into eight business lines to Credit Approval and Credit Monitoring and Review
arrive at capital charge is under progress. Departments are working in tandem for formulating the loan
policy. As part of the loan policy, Bank has delegated more
5.3. Disclosure Policy powers to second level /third level officers at Zonal Offices in
The Bank has a Board approved Disclosure Policy in place, sanction of loans so that credit sanctions will be speeded up.
duly incorporating the final guidelines issued by the Reserve The Bank has exposure limits for lending to individual
Bank of India on Capital Adequacy and Market Discipline and borrowers, Firms, Companies etc. Bank also has sector wise
the additional disclosures under Basel-II, Pillar-3. internal exposure limits.
5.4. Asset Quality Management 5.6. Inspection and Audit
Through concerted efforts, the Bank could bring down the The Inspection & Audit Department evolves, executes and
level of Gross NPAs from Rs. 372.43 crore as on 31.03.'08 monitors various inspections and audits of the branches, HO
to Rs.368.14 crore as on 31.03.'09. Gross NPAs as departments, Zonal Offices, sponsored RRBs and Farmers
percentage to gross advances improved from 1.07% Service Coop. Societies etc. focusing on the statutory,
(31.3.'08) to 0.83%.(31.3.'09) and Net NPAs as a percentage regulatory and internal compliances, to assess the level and
to net advances stood at 0.18 % as on 31.03.'09. The direction of various risks involved in banking business. The
Provision coverage of NPAs as on March 31, '09 was 81.49%. IS Audit wing of the department has successfully completed
The Movement of NPAs is as hereunder: migration audit of all the branches, soon after all the branches
migrated to the Core Banking platform.
Table 14: Position of Non-Performing Assets
(Rs. in crore, except for percentages) 5.7 Quality Assurance
2007-'08 2008-'09 During the year 2008-09, the Bank has set up Back Offices
Gross NPAs at the beginning of the year 397.01 372.43 at all the Zonal Headquarters, transferring some of the
activities of the branches by leveraging the CBS technology,
Additions during the year 201.52 201.32
which substantially facilitated the improvement in customer
Reduction during the year 226.10 205.61 service at the branches. As part of the Business Process Re-
Gross NPAs at the end of the year 372.43 368.14 engineering initiatives of the Bank, some of the activities like
data entry, data processing, account opening, cheque
Net NPAs 53.70 79.22 clearing, pass book issue, inward and outward clearing etc.,
31
¹ßä~ ÌßßÀã ~À²ßß, ßËß~ ËßÞ ÌßßËß~ Ðß¼ßßÍßíë±ß²ß £¾ßßà§ ~íë µßßÍËßÃ ~ß¾ßßÃÉß¾ßíëÝ ~íë 5.11.1 ßì®íëàß~ ÐßÞ¹ßÞ±ß
ÐßíìÝµß£ßë Ñä ë~²§Æãè~£ß à~¾ßß ß¾ßß Ñì. ÐßÐßë ¹ßìÝ~ ~íë £¾ßà±ß~ Ëßèà« ~ã ßÍßß Ñì ¹ßìÝ~ ¼ßëÝ ßì®íëàß~ ÐßÞ¹ßÞ±ß ÐßíìÑß§ÆÃµßæ¢ßÃ Ñì. àËß££ßã¾ß ËßÏßÃ ë~ §íìÀß²ß ~íë¨Ã ÑÊ£ßßÉß ²ßÑãÝ
àÌßÐß~ß µßàÀ¢ßß¼ßÐËßÂµß Ë¾ßËßÐßß¾ß ¼ßëÝ Ëßèà« Ñíëßã. Ñäß Ñì. ¼ßß²¾ß£ßß µßÆßµ£ß à±ß~ßÀã ¶ë~ÊÀëÍß²ß ËßÞ ËßßÊÃ ~¼ßÃ½ßßÀã ¾ßæà²ß¾ß²ß ë~
5.8 ²ßäµßßÉß²ß ²ßãà£ß µßÆà£ßà²ßà±ß¾ßíëÝ ë~ Ðßß¦ß ÑÀ à£ß¼ßßÑã ¼ßëÝ ÐßÞ¾ßä¬£ß ¹ßì×~ ~ã ß¾ßã Ñì. µßàÀ¢ßß¼ßÐËßÁµß, ËßÏßÃ
2008-09 ë~ §íìÀß²ß ¹ßìÝ~ ~ã à±ß~ßÞÍß ¼ßß²ßËß ÐßÞÐßß±ß²ß ²ßãà£ß¾ßíëÝ ~ã Ðß¼ßãßß ~ã
¹ßìÝ~ ¼ßëÝ ²ßäµßßÉß²ß ËßÞ ²ßäµßßÉß²ß ~ß¾ßÃ ~ã ~ ²ßãà£ß Ñì ËßÞ ¹ßíëÊÃ °ßÀß Ðßß¼ßà¾ß~
àÀµßíëÖíëÄ ~ã Ðß¼ßãßß ~ã Ìßß£ßã Ñì. ¼ßÑßµßÆ¹ßÞ±ß~ ë~ ÀìÝ~ ë~ ¹ßìÝ~ ë~ ~ ~ß¾ßÃµßßÉß~ ß¾ßã Ñì ËßÞ ~¼ßÃ½ßßÀã ~É¾ßß¢ß ¾ßíëÌß²ßßßëÝ ¼ßëÝ Ðß¼ß~ß ¹ßìÝ~íëÝ ~ã ²ßãà£ß¾ßíëÝ ë~ Ðß¼ßß²ß
~íë ²ßäµßßÉß²ß à±ß~ßÀã ë~ Âµß ¼ßëÝ à²ß¾ßä¬£ß à~¾ßß ß¾ßß Ñì. ²ßãà£ß ë~ ²ßäÐßßÀ Ðßºßã Ðßä±ßßÀ à~¾ßß ß¾ßß Ñì. ë~²§Æã¾ß ÐßÞ¾ßä¬£ß ½ß½ßßÃßëÝ ë~ à£ßàÀ¬£ß, ßÞ½ßàÉß~ Ð£ßÀ ¼ßëÝ
ÐßßÞàËßà±ß~, àËßà²ß¾ßß¼ß~ ËßÞ ßÞ£ßàÀ~ ²ßäµßßÉß²ßíëÝ ~ã à²ßßÀß²ßã ~ã Ìßß£ßã Ñì £ß¦ßß Ð¦ßß²ßã¾ß ¼ßß¼ßÉßíëÝ ë~ Ðß¼ßß±ßß²ß ë~ àÉß ¹ßì×ë~Þ ~ã ß¾ßã ËßÞ ßÆßÑ~ ÐßëËßß ë~ ßë¥ßßëÝ ËßÞ
Ðßß¼ß µßÆßà±ß~ßÀã ë~ Ðß¼ßß Ðßß¼ßà¾ß~ àÀµßíëÖëÄ µßÆÐ£ßä£ß ~ã Ìßß£ßã Ñì. ~ß¾ßíëÄ Ðßë ÐßÞ¹ßÞà±ß£ß ¼ßß¼ßÉßíëÝ ¼ßëÝ Ðßä±ßßÀ à~¾ßß ß¾ßß.
5.9 Ðßæ½ß²ßß ~ß à±ß~ßÀ à±ßà²ß¾ß¼ß ~ß µßßÉß²ß 5.11.2 µßÆàÍßß¢ß

¹ßìÝ~ Ðßæ½ß²ßß ~ß à±ß~ßÀ à±ßà²ß¾ß¼ß ë~ à²ß§ëÃÍßíëÝ ËßÞ àÐß«ßÞ£ßíëÝ ~ß ²ßäµßßÉß²ß ~À ÀÑß ¹ßìÝ~ ²ßë µßÆàÍßß¢ß Ðßë Òßß²ßßÌßÃ²ß ß¼ß£ßß à²ß¼ßßÃ¢ß µßÀ ±¾ßß²ß ëÝ~à§Æ£ß ~À²ßë ë~ àÉß ²ßë~
Ñì. £ß§²ßäÐßßÀ, Ðßºßã ¼ßÑßµßÆ¹ßÞ±ß~íëÝ ~íë Ìß²ßÐßæ½ß²ßß à±ß~ßÀã ë~ Âµß ¼ßëÞ µß§²ßßà¼ß£ß à~¾ßß µßß¾ß à~¾ßë ÑìÝ. ¹ßìÝ~ ßÞ£ßàÀ~ µßÆàÍßß¢ß ËßÞ ¹ßßÑò¾ß µßÆàÍßß¢ß ë~ ÌßàÀ µß²ßë ¼ßß²ßËß
ß¾ßß Ñì. ¹ßìÞ~ Ìß²ß£ßß °ßÀß ¼ßßÞßã ß¾ßã Ðßæ½ß²ßß §ë²ßë ë~ àÉß µßÆà£ß¹ß« Ñì. ËßÏßÃ 2008- ÐßÞÐßß±ß²ß ë~ µßÆàÍßß¢ß ËßÞ àËß~ßÐß µßÀ ÌßíëÀ §ë ÀÑß Ñì. Ñì§Àß¹ßß§ ¼ßëÝ àËß®¼ßß²ß µßÆàÍßß¢ß
09 ë~ §íìÀß²ß, Ðßæ½ß²ßß ~ß à±ß~ßÀ à±ßà²ß¾ß¼ß ë~ Þ£ßßÃ£ß Ðßæ½ß²ßß ë~ àÉß ¹ßìÝ~ ²ßë ¼ßÑß àËß®ßÉß¾ß ë~ à£ßàÀ¬£ß ¹ßìÞ~ ²ßë àËßÍßßÛßµßÖòÖ¢ß¼ß ¼ßëÝ ºßã ²¾ß ~ µßÆàÍßß¢ß
297 ²ßäÀíë±ß µßÆßµ£ß à~¾ßß Ñì. Ðßºßã ²ßäÀíë±ßíëÝ ~ß àËßà±ßËß£ßò ££ßÀ àËßà²ßà§ÃÏÖ Ðß¼ß¾ß ¼ßÑßàËß®ßÉß¾ß ÛßßëÉßß Ñì. ßÞ£ßàÀ~ µßÆàÍßß¢ß ¼ßëÝ ¼ßäÛ¾ß£ßó ²ß ºßà£ßÃ¾ßíëÝ ~íë £ß¦ßß ²¾ß
Ðßã¼ßß ë Þ§À à§¾ßß ß¾ßß Ñì. à±ß~ßàÀ¾ßíëÝ ~íë µßÆà£ßàÏ×£ß ËßÞ à²ßµßä¢ß ~À²ßë £ß¦ßßÞ µßÀÞµßÀßß£ß ¹ßìÝâ~ß µßàÀ½ßßÉß²ßíëÝ ¼ßëÝ
5.10 ßÆßÑ~ ÐßëËßß Òßß²ß ËßÞ ¹ßìÝâ~ß ¼ßëÝ Ðßæ½ß²ßß µßÆíì®íëàß~ã ë~ µßÆ¾ßíëß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ µßÆàÍßàß£ß à~¾ßë ß¾ßë ÑìÝ.
µßßÀÞµßàÀ~£ßß Ðßë ~íëÀ ¹ßìÝâ~ß ÐßíëÉ¾ßæÍß²ß ~íë ¼ßßßÆëÍß²ß ë~ ~ßÀ¢ß ¹ßìÝ~ ²ßë Ðßã¹ßãÐß ßë¥ß
¹ßìÝ~ ²ßë Ñì§Àß¹ßß§ ¼ßëÝ ë~²§Æãè~£ß µßëëÝÍß²ß ÐßÞÐßß±ß²ß ë~²§Æ Ð¦ßßàµß£ß à~¾ßß Ñì ËßÞ ë~²§Æ ¼ßëÝ ÐÖß¶~ ~íë µßÆàÍßàß£ß ~À²ßë ë~ àÉß Éßß ½ßì²ßÉß ÛßíëÉßë ÑìÝ. 95 µßÆà£ßÍß£ß Ðßë à±ß~
ÐßÀ~ßÀ ë~ µßëÝÍß²ßÀíëÝ Ðßë ÐßÞ¹ßÞà±ß£ß Ðßºßã µßëÞÍß²ß ÊßÖß ë~²§Æãè~£ß ~À²ßë ë~ ~ß¼ß ¼ßëÝ Éßßß ÐÖß¶~ Ðßã¹ßãÐß ¼ßëÝ µßÆàÍßàß£ß ÑìÝ. ~¢ß ÌßìÐßë ~ß¾ßÃ ßë¥ßíëÝ µßÀ àËßà±ßËß£ßò ÌßíëÀ §ë£ßë Ñä ²ß¾ßë
Ñäß Ñì. µßëÝÍß²ß ÐßÞÐßß±ß²ß ~íë ë~²§Æã~À¢ß Ðßë à¹ß²ßß à~Ðßã àËßÐßÞßà£ß Ðßë ×ã~ Ðß¼ß¾ß µßÀ £ßì²ßß£ß µßÆ¹ßÞ±ß~íëÝ ËßÞ ~¢ß à±ß~ßàÀ¾ßíëÝ ë~ àÉß Éßß Ðß¥ß ß¾ßíëàÌß£ß à~¾ßë Ìßß ÀÑëÝ
µßëÝÍß²ß Ìß¼ßß ~À µßëÝÍß²ßÀíëÝ ~íë §ë²ßëËßßÉßã ÐßëËßß ¼ßëÝ Ëßèà« Ñíëßß. ÖíëÉß¶Æ~ã ²ßÞ¹ßÀ ë~ Ðßß¦ß ÑìÝ. Ûßä§Àß ¹ßìÝâ~ß, Éß³ßä ËßÞ ¼ß±¾ß¼ß ®¼ß ¹ßìÝâ~ß ÌßìÐßë ßë¥ßßëÝ ¼ßëÝ Ëß£ßÃ¼ßß²ß ßËßÍ¾ß~£ßßßëÝ
µßëÝÍß²ßÀíëÝ ë~ àÉß ë~²§Æãè~£ß àÍß~ß¾ß£ß à²ßËßßÀ¢ß ~ß ~ã Ð¦ßßµß²ßß ~À²ßë ~ß µßÆ¾ßßÐß µßÀ µßÆàÍßß¢ß §ë²ßë ë~ àÉß µßÆàÍßß¢ß ~ß¾ßÃÆ~¼ßíëÝ ~íë µßä²ßßÃà×£ß à~¾ßß ß¾ßß Ñì. ¹ßìÝ~ ²ßë
à~¾ßß Ìßß ÀÑß Ñì ËßÞ µßëÝÍß²ßÀíëÝ ~ã àÍß~ß¾ß£ßíëÝ µßÀ ~ßÀÃËßß¨Ã ~À²ßë ë~ àÉß Þ½ßÉßíëÝ
²ßë£ßè£Ëß àËß~ßÐß, ¼ß±¾ß¼ß ËßÞ ËßàÀÏ× Ð£ßÀ ë~ à±ß~ßàÀ¾ßíëÝ ~íë µßÆíë£ÐßßàÑ£ß ËßÞ à²ßµßä¢ß
¼ßëÝ ²ßíëÊÉß à±ß~ßÀã ~ã à²ß¾ßäà¬£ß ~ã ß¾ßã Ñì.
~À²ßë ë~ àÉß ßÞ£ßàÀ~ ËßÞ µßÆà£ßàÏ×£ß ÐßÞÐ¦ßß²ßíëÝ ¼ßëÝ µßÆàÍßß¢ß §ë²ßë ë~ àÉß à²ßÍ½ß¾ß
ßÆßÑ~íëÝ ~ã àÍß~ß¾ß£ßíëÝ ë~ à²ßËßßÀ¢ß ËßÞ Ðß¼ß¾ß µßÀ à²ßµßÖß²ß ë~ àÉß ~ ¿ã à~¾ßß Ñì. ¹ßìÝ~ ë~ ËßàÀÏ× ËßÞ ÍßãÏßÃ ~ß¾ßÃµßßÉß~íëÝ ~íë ºßßÀ£ß ËßÞ àËß§ëÍß, §íë²ßíëÝ ¼ßëÝ
µßíîàÉßÐßã ºßã Ñì. ½ßßÉßæ àËß££ß ËßÏßÃ ë~ §íìÀß²ß ¹ßìÝâ~ß ßë¼¹ßäÊòÐß¼ßì²ß °ßÀß ~íë¨Ã ËßßÊÃ àËßàºß²²ß ~ß¾ßÃÆ~¼ßíëÝ, Ðßëà¼ß²ßßÀíëÝ ë~ àÉß ²ßßà¼ß£ß à~¾ßß Ìßß£ßß Ñì.
µßßÐß ²ßÑãÝ à~¾ßß ß¾ßß Ñì.
5.11.3 Ìßß/ÌßÌßß µßÆß¶ë ~ßÉß
5.11 ¼ßß²ßËß ÐßÞÐßß±ß²ß µßÆ¹ßÞ±ß²ß
¹ßì~ ºßßÀ£ß ÐßÀ~ßÀ ë~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ë~ ²ßäÐßßÀ Ìßß ËßÞ ÌßÌßß ë~ àÉß
¹ßìÝ~ ~ã ¼ßß²ßËß ÐßÞÐßß±ß²ß ²ßãà£ß ~¼ßÃ½ßßÀã ÐßÞ£ßíëÏß ~ã Ëßèà« ËßÞ ¼ßß²ßËß ÐßÞÐßß±ß²ß ~ã ßÀß¢ß ²ßãà£ß ~ß¾ßßÃà²Ëß£ß ~À£ßß ß ÀÑß Ñì. ¹ßìÝ~ ë~ ~ß¾ßÃ§Éß ¼ßëÝ Ìßß ËßÞ ÌßÌßß
ÐßÞµßæ¢ßÃ ÐßÞºßßË¾ß£ßß ë~ µß¾ßíëß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ µßÆ~ßÍß ÊßÉß£ßã Ñì. ¹ß§Éß£ßë Ëßß£ßßËßÀ¢ß ¼ßëÝ ~ß µßÆà£ßà²ßà±ß£Ëß Æ~¼ßÍß: 2914 ËßÞ 891 Ñì Ìßíë 31.03.2009 ~íë ä~Éß ~ß¾ßÃ§Éß
¹ßìÝ~ ~ß §èÜ àËßÍËßßÐß Ñì à~ ½ßä²ßíìà£ß¾ßíëÝ ~ß Ðßß¼ß²ßß ~À²ßë ë~ àÉß ²ß¾ßë ÉßíëßíëÝ ËßÞ ~ß 18.8% Ëß Þ5.75% Ñì. ¼ßß½ßÃ 2009 ë~ Þ£ß ¼ßëÝ ¹ßìÝ~ ¼ßëÝ à±ß~ßàÀ¾ßíëÝ ~ã
à²ßµßä¢ß ~íë Éßß²ßß ßËßÍ¾ß~ Ñì. ÐßàÉß ¹ßìÝ~ ²ßë ËßÏßÃ 2008-09 ë~ §íìÀß²ß µßàÀÍßíëà±ß£ß ÐßÞÛ¾ßß 8678 Ñì àÌßÐß¼ßëÝ Ìßß ÎÇíë¢ßã ë~ à±ß~ßÀã 1386 ÑìÝ ßìÀ ÌßÌßß ÎÇíë¢ßã ë~
ÎÇí¼ßÍßà¬£ß ß¾ßíëÌß²ß ²ßãà£ß ~ß ²ßä¼ßíë§²ß à~¾ßß ËßÞ àËß££ßã¾ß àËßÍÉßëÏß~, àËßµß¢ß²ß 534 Ñì. Ìßß ËßÞ ÌßÌßß ~¼ßÃ½ßßÀã ~É¾ßß¢ß ë~ µßÆà£ßà²ßà±ß¾ßíëÝ ë~ Ðßß¦ß ßÀß¢ß ²ßãà£ß
à±ß~ßÀã, ÊãÉßÀ, ßÆß¼ßã¢ß àËß~ßÐß à±ß~ßÀã, Ðßæ½ß²ßß µßÆíì®íëàß~ã à±ß~ßÀã ËßÞ µßÀ ËßÞ ÐßÞàËß±ßß²ßß£¼ß~ µßß¾ßíëÝ ë~ ¹ßßÀë ¼ßëÝ à²ß¾ßà¼ß£ß Âµß Ðßë ½ß½ßßÃ ~ã Ìßß£ßã Ñì.
àËßà±ß à±ß~ßÀã ÌßìÐßë àËßÍßëÏßÒß ì~ÊÀ ë~ à±ß~ßÀã Ðß¼ßë£ß ì~¼µßÐß ËßÞ ÛßäÉßë ¹ßßÌßßÀ
Ðßë à±ß~ßàÀ¾ßíëÝ ~íë à²ß¾ßä¬£ß à~¾ßß. ¹ßìÝ~ ²ßë µßëàß£ß ÐßÞÛ¾ßß ¼ßëÝ àÉßàµß~, ÐßäÀßß ßßÊÃ, 5.11.4 ¼ßß²ßËß ÐßÞÐßß±ß²ß µßÆ¹ßÞ±ß²ß àÐßÐÖ¼ß (½ßßÀ¼ßÐß) ËßÞ ~¼ßÃ½ßßÀã
±ßã²ßÐ¦ß ~¼ßÃ½ßßÀã ËßÞ ÞÍß~ßàÉß~ Ðß¶~ß¨Ã ~ß¼ßßßÀíëÝ ~ã ºßã ºß£ßãÃ ~ã. µßëÀíëÉß àÐßÐÖ¼ß
ËßÏßÃ 2008-09 ë~ §íìÀß²ß ¹ßìÝ~ ²ßë ä~Éß 1693 ~¼ßÃ½ßßàÀ¾ßíëÝ ~íë ºß£ßãÃ ~ã. ÐßÐßë ¹ßìÝ ~²ßë ¼ßß²ßËß ÐßÞÐßß±ß²ß µßÆ¹ßÞ±ß²ß ~íë à±ß~ µßÆºßßËßã ¹ß²ßß²ßë ë~ àÉß ¼ßß²ßËß ÐßÞÐßß±ß²ß
àËßàºß²²ß ßÆëÊíëÝ ¼ßëÝ 554 à±ß~ßÀã (256 àËßÍßëÏßÒß à±ß~ßÀã Ðß¼ßë£ß), 384 àÉßàµß~ µßÆ¢ßßÉßã (½ßßÀ¼ßÐß) ~ß¾ßÃ ~íë µßæÀß à~¾ßß Ñì. ½ßßÀ¼ß à±ß~ ~ß¾ßÃß¼ß£ßß
ËßÞ 142 ±ßã²ßÐ¦ß ~¼ßÃ½ßßÀã Íßßà¼ßÉß ÑìÝ. ÍßßÛßß µßÆ¹ßÞ±ß~ ËßÞ ßÞ½ßàÉß~ µßÆ¹ßÞ±ß~íëÝ Éßß¾ßëßß ßìÀ ½ßßÀ ßîµßÀëÍß²ß ¼ßëÝ ÐßäàËß±ßß Éßß¾ßëßß ßìÀ ¼ßß²ßËß ÐßÞÐßß±ß²ß ÐßëËßßßëÝ ~ã
ë~ àÉß ~ß¾ßÃà²ßÏµßß§²ß ß±ßßàÀ£ß µßÆíë£ÐßßÑ²ß µßäÀÐ~ßÀ ¾ßíëÌß²ßß µßÑÉßë Ðßë Ñì. ¹ßìÝ~ ²ßë ¹ßëÑ£ßÀ àÊÉßãËßÀã Ðßäà²ßàÍ½ß£ß ~Àëßß. ½ßßÀ¼ßÐß µßìë~Ìß ²ß ë~ËßÉß ¹ßì~ ë~ ~ßà¼ßÃ~
à±ß~ßÀã ì~ÊÀ ËßÞ ~ß¾ßÃµßßÉß~ ì~ÊÀ, §íë²ßíëÝ ë~ Þ£ßßÃ£ß Ðß¼ß¾ß µßÀ µß§íë²²ßà£ß ºßã µßÆ¹ßÞ±ß²ß ~ß¾ßÃ à²ßµßÖß²ßë ¼ßëÝ Ðßß¼ß£ßß Éßß¾ßëßß ¹ßàÉ~ µßÆ¹ßÞ±ß²ß Ðßæ½ß²ßß µßÆ¢ßßÉßã ë~ §ò§ëÍ¾ß
§ã Ñì.
32
are centralized by assigning these activities to Back Offices. 5.11.1. Industrial relations
This is expected to take the Bank to a higher growth trajectory
The Industrial Relations in the Bank are cordial. There were
which would result in accelerated business growth.
no strikes during the financial year. Joint meetings were held
5.8. Compliance Policy with the representatives of the recognized Officers Federation
The Bank has a policy on Compliance & Compliance and the Award Employees Union in every quarter. As a result,
Functions and timely reports are reviewed by the Board. An during the year 2008-09, many of the HR Policies of the
Executive of the Bank in the rank of General Manager has Bank were reviewed and improvements were made in welfare
been appointed as the Compliance Officer. As per the policy, schemes to Staff on par with the peer Banks. Apart from the
all the regulatory, statutory and internal compliances are being Central Joint discussions, meetings were also held at Zonal
monitored and periodical reports are placed before competent level to sort out the local issues and improvements were made
authority. in the areas of customer service and work related matters.
5.9. Adherence to Right to Information Act 5.11.2. Training
The Bank is in compliance with the directives and principles The Bank has taken several steps to shift the focus of its
of the Right to Information Act. Accordingly, all General capacity building initiatives from training to learning. The Bank
Managers are designated as Public Information Officers. continued to lay emphasis on training and development of
The Bank is committed to provide information to the public its human resources through in house training and external
on information sought by them. During the year 2008-'09, training. Apart from the existing training college at Hyderabad,
Bank received 297 requests for information under the RTI the Bank also opened another training college at
Act. All the requests were suitably responded to within the Visakhapatnam (A.P.). The in-house training mainly took care
stipulated time frame. of the induction of new recruits and other officers in
5.10. Customer Service reinforcement of skill and knowledge in traditional banking
operations as well as in the application of Information
Bank has established Centralized Pension Processing Centre
Technology in Banking. On account of the migration from
at Hyderabad and is in the process of centralizing all Pension
legacy to CBS, Bank has opened separate channels for
data relating to Central Government Pensioners.
imparting training to staff in the CBS area. More than 95% of
Centralization of pension processing improves service to
the staff are trained in CBS. Separate sessions were
Pensioners by timely credit of pensions without any
conducted exclusively for newly posted Managers and Credit
discrepancy. Steps are also taken for establishing centralized
Officers with due emphasis in functional areas like Credit.
grievance redressal cells for Pensioners with Toll free number
The training programmes were restructured to cater to the
and Nodal Officers from Zones are nominated to attend to
present day requirements in areas like Retail Banking, SME
the grievances of pensioners.
Banking etc. Bank has embarked on giving training in
There is also a well defined policy in place for addressing Leadership Development, Motivation and Negotiating skills
customer complaints and their timely disposal. During the to Middle and Senior level Officers both in house and in
current financial year, no awards were passed by the Banking reputed institutions. Senior and Top Executives of the Bank
Ombudsman. are nominated to various programmes, seminars in reputed
Management institutes both in India and abroad.
5.11. Human Resources Management
The HR Policy of the Bank is focused towards developing 5.11.3. SC/ST Profile
employee satisfaction and utilizing the full potentiality of the The Bank has been implementing the reservation policy for
human resources. In the changed environment, the Bank SCs & STs as per guidelines of Government of India. The
firmly believes that induction of new manpower and skills are representation of SCs and STs in the Banks workforce is
required to meet the challenges. In this back ground, the Bank 2914 and 891 respectively, forming 18.8% and 5.75% of the
during the year 2008-09 approved the revised Man Power total workforce as on 31.03.'09. Officers strength in the Bank
Planning Policy and inducted officers from campuses and as at the end-March 09 stood at 8678, of which 1386 belong
from open market including officers in Specialist cadre like to SC category and 534 belong to ST category. Meetings
Financial Analysts, Marketing Officers, Dealers, Rural with the representatives of the SC & ST Employees Welfare
Development Officers, IT Officers and Law Officers. The Bank Association are held regularly for discussion on the matters
has also recruited required number of clerks, security guards, related to the reservation policy and other constitutional
sub-staff and part time sweepers. safeguards.
During the year 2008-09, the Bank recruited a total of 1693 5.11.4. Human Resources Management System (HRMS)
employees. This included 554 officers (including 256 & Employee Pay Roll System
specialists officers) in various grades, 384 clerks and 142
sub-staff. Performance-linked incentive schemes for Branch The Bank has completed the process of putting in place a
Managers and Zonal Managers are already in place. Bank Human Resources Management System (HRMS) to enhance
has also given timely promotions to both Officer cadre and the efficacy of HR Management. The HRM System will bring
Executive cadre posts. greater efficiency and convenience in HR operations and
33
~íë µßæÀß ~Àëßß Ìßíë µßÆà£ßºßß µßÆ¹ßÞ±ß²ß ~ß ÖæÉß Ñì. 42 Ðßë à±ß~ ¼ßßÊò¾ßæÉß ~ß¾ßßÃà²Ëß£ß à~¾ßß ËßÞ µßÆ¾ßßÐßíëÝ ~ã µßÆÍßÞÐßß ~ã. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ²ßë ÀßÌßºßßÏßß ~ß¾ßßÃ²Ëß¾ß²ß ë~
à~¾ßë ß¾ßë ÑìÝ ßìÀ µßÆ±ßß²ß ~ß¾ßßÃÉß¾ß ë~ µßàÀ½ßßÉß²ß à²ß¾ßÞ¥ß¢ß ¼ßëÝ Ðßºßã ßÞ½ßàÉß~ ÐßÞ§ºßÃ ¼ßëÝ ßÞ½ßàÉß~ ~ß¾ßßÃÉß¾ß, ºßä¹ß²ßëÍËßÀ (ßë¥ß ß ë~ àÉß) ËßÞ ÀßÞ½ßã ÍßßÛßß (ßë¥ß ~
~ß¾ßßÃÉß¾ßíëÝ ~íë ¬ÐßëÐß à§¾ßß ß¾ßß Ñì ë~ àÉß) à²ßÀãß¢ß à~¾ßß ßìÀ ÐßÞ£ßäàÏÖ ÌßßàÑÀ ~ã.
5.11.5 ÛßëÉß 5.13 Ðß£ßÃ~£ßß

ë~²§Æã¾ß Ðß£ßÃ~£ßß ß¾ßíëß ë~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ë~ ²ßäÂµß, àËßàºß²²ß ¼ßß¼ßÉßíëÝ/àÍß~ß¾ß£ßíëÝ
¹ßì~ £è~ÏÖ£ßß ÑßàÐßÉß ~À²ßë ë~ àÉß ÛßëÉßíëÝ ~íë µßÆíë£ÐßßàÑ£ß ~À ÀÑß Ñì. ¹ßìÝ~ ²ßë ¼ßëÝ Ðß£ßÃ~£ßß §èàÏÖ~íë¢ß ~íë ÐßÞËßãßß ËßÞ à²ß±ßßÃÀ¢ß ~À²ßë ë~ §ò§ëÍ¾ß Ðßë ¼ßÑßµßÆ¹ßÞ±ß~íëÝ ~ã
àÆ~ë~Ö, ~¹ßÊòÊã ËßÞ ½ßëÐß ÌßìÐßë ä~¿ ÛßëÉßíëÝÞ Ðßë £è~ÏÖ àÛßÉßßàÊ¾ßíëÝ ~ã ºß£ßãÃ ~ã Ñì. ËßÏßÃ £ßã²ß Ðß§Ð¾ßã¾ß Ðßà¼ßà£ß ¹ß²ßß¨Ã ß¨Ã Ñì. Á. 1 ÉßßÛß ËßÞ ÐßÐßë à±ß~ ~ã~ ±ßíëÛßß±ßÊã
2008-09 ë~ §íìÀß²ß ¹ßì~ ²ßë Àß¾ß ËßÞ ÀßÏÖÅã¾ß Ð£ßÀ µßÀ µß¾ßäÃ¬£ß ßë¥ßíë Þ¼ßëÝ ~¨Ã ë~ ¼ßß¼ßÉßë ²ßë~ µßÞÌßãè~£ß Ñíë²ßë µßÀ à²ß§ëÍß~ ¼ßÞÊÉß ~íë µßÆÐ£ßä£ß à~¾ßë Ìßß£ßë ÑìÝ. Ðßºßã
ÖÅßà¶~¾ßíïÞ ßìÀ ¼ßëÊÉß µßÆßµ£ß à~¾ßë ÑìÝ. ±ßíëÛßß±ßÊã ë~ ¼ßß¼ßÉßë à£ß¼ßßÑã £ßíìÀ µßÀ ¹ßíëÊÃ ~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß °ßÀß Ðß¼ßãßß ~ã
Ìßß£ßã Ñì. ¹ßìÝ~ ²ßë Á 100 ÉßßÛß ËßÞ ÐßÐßë à±ß~ ë~ ¹ßÊã ÀßàÍß ~ã ±ßíëÛßß±ßàÊ¾ßíëÝ
5.11.6 àËß~ÉßßÞß Ë¾ßà¬£ß ~ã Ðß¼ßãßß ~À²ßë ë~ àÉß ¹ßíëÊÃ Ð£ßÀã¾ß àËßÍßëÏß Ðßà¼ßà£ß ¹ß²ßß¾ßã Ñì.
¹ßìÝ~ àËß~ÉßßÞß Ë¾ßà¬£ß¾ßíëÝ ë~ ºß£ßãÃ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ºßßÀ£ß ÐßÀ~ßÀ ë~ à²ß§ëÍßíëÝ ~ß Ëß£ßÃ¼ßß²ß ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ë~ ²ßäÐßßÀ, ²ß~§ Éßë²ß§ë²ß àÀµßíëÖÃ, ÐßÞ§ëÑß£¼ß~ Éßë²ß§ë²ß
àËßËßë~µßæ¢ßÃ µßßÉß²ß ~À£ßß Ñì. 31.03.2009 ~íë àËß~ÉßßÞß ÎÇíë¢ßã ë~ Þ£ßßÃ£ß ¹ßìÝ~ ¼ßëÝ àÀµßëÖÃ ËßÞ ÌßßÉßã ~ÀëÝÐßã àÀµßíëÖÃ Éßë¬ÖÅà²ß~ ¶~ß¼ßëÃÖ ¼ßëÝ ¶~ß¨Ã¾ßæ-ßÆ²ßÊã, ²ß¨Ã
ä~Éß 79 ÐÖß¶~ ÑìÝ àÌßÐß¼ßëÝ Ðßë 12 à±ß~ßÀã 56 àÉßàµß~ ËßÞ 6 ±ßã²ßÐ¦ß ~¼ßÃ½ßßÀã à§ÉÉßã ~íë µßÆÐ£ßä£ß ~À²ßß µßëàß£ß Ñì. Ðß µßÆ¾ßíëÌß²ß ë~ àÉß ¹ßìÝ~ ²ßë ¼ßÉßíë~~
ËßÞ 5 ÞÍß~ßàÉß~ Ðß¶~ß¨Ã ~ß¼ßßßÀ ÑìÝ. Ðßß¶~òÖËßë¾ßÀ µßÆßµ£ß à~¾ßß Ñì.
5.14 ßÆ¢ßã ¹ßìÝ ~ ¾ßíëÌß²ßß
5.12. ÀßÌßºßßÏßß ~ß¾ßßÃ²Ëß¾ß²ß
¹ßìÝ~ ß²±ßÆ µßÆ§ëÍß Àß¾ß ¼ßëÝ 4 àÌßÉßíëÝ ¼ßëÝ ¾ßß²ßã, ßäÞÖæÀ, µßàÍ½ß¼ßã ßíë§ßËßÀã, µßæËßãÃ
ËßÏßÃ ë~ §íìÀß²ß, ¹ßìÝ~ ²ßë ÀßÌßºßßÏßß ~ß¾ßßÃ²Ëß¾ß²ß Ðßë ÐßÞ¹ßÞà±ß£ß ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ~ß ßíë§ßËßÀã, ËßÞ ÎÇßã~ß~Éßä¼ß àÌßÉßë ¼ßëÝ ËßÞ ÊãÐßß ÀßÌ¾ß ¼ßëÝ ßÞÌßß¼ß ËßÞ ßÌßµßà£ß àÌßÉßíëÝ
²ßäµßßÉß²ß à~¾ßß. ¹ßìÝ~ ²ßëë ºßßÀ£ßã¾ß àÀÌßËßÃ Ðßë ÀßÌßºßßÏßß ~ß¾ßßÃ²Ëß¾ß²ß ë~ ²ßäµßßÉß²ß ë~ ¼ßëÝ ßÆ¢ßã ¹ßìÝ~íëÝ ~ã àÌß¼¼ßë§ßàÀ¾ßíïÞ à²ßºßß ÀÑß Ñì. Ðßºßã 6 àÌßÉßíëÝ ¼ßëÝ ËßÏßÃ 2009-10
àÉß ßë¥ß ß ¼ßëÝ £ßè£ßã¾ß ËßÞ ßë¥ß Ûß ¼ßëÝ ½ß£ßä¦ßÃ µßäÀÐ~ßÀ µßÆßµ£ß à~¾ßß. ¹ßìÝ~ ~íë ÀßÌßºßßÏßß ë~ àÉß àÌßÉßß ~¢ß ¾ßíëÌß²ßßïÞ 31 ¼ßß½ßÃ 2009 ë~ µßæËßÃ µßÆßÀÞºß ~ã ß¾ßãÝ.
ÐßàÀ£ßß ßèÑ µßà¥ß~ß ë~ àÉß ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ Ðßë à°£ßã¾ß µßäÀÐ~ßÀ µßÆßµ£ß Ñäß. ¹ßìÝ~ 5.15 Àß¾ß Ð£ßÀã¾ß ¹ßìÝ ~ÐßÃ Ðßà¼ßà£ß (ÐßÉß¹ßãÐßã) - ÐßÞ¾ßíëÌß~: ß²±ßÆß ¹ßìÝ ~
²ßÀß~ßÐß Ñì§Àß¹ßß§ ~ß ÐßÞ¾ßíëÌß~ Ñì ßìÀ ¹ßì~ ²ßë ¼ßÑß¼ßàÑ¼ß ÀßÏÖÅµßà£ß ¼ßÑíë§¾ßß Ðßë
²ßÀß~ßÐß ßà£ßàËßà±ß¾ßíëÝ ë~ àÉß Þà§Àß ßßÞ±ßã ÀßÌßºßßÏßß µßäÀÐ~ßÀ µßÆßµ£ß à~¾ßß ßìÀ àËß££ßã¾ß ËßÏßÃ 2008-09 ë~ §íìÀß²ß ß²±ßÆ µßÆ§ëÍß ~ã ÀßÌ¾ß Ð£ßÀã¾ß ¹ßìÝ~ÐßÃ Ðßà¼ßà£ß ²ßë
§íë Àß¾ß Ð£ßÀã¾ß ¹ßìÝ~ÐßÃ Ðßà¼ßà£ß ~ã ¹ßì×ëÝ~ ~ã ÑìÝ ~ ß²±ßÆ µßÆ§ëÍß ë~ ¼ßß²ß²ßã¾ß ¼ßäÛ¾ß
ºßßÀ£ß ÐßÀ~ßÀ °ßÀß ßë¥ßã¾ß µßäÀÐ~ßÀ ºßã µßÆßµ£ß à~¾ßß Ñì. ¹ßìÝ~ ²ßë à£ßÁËß²ßÞ£ßµßäÀ¼ß,
¼ßÞ¥ßã ~ã ±¾ßß£ßß ¼ßëÝ ¼ß¨Ã 2008 ¼ßëÝë Ñä¨Ã, àÌßÐß¼ßëÝ ²ÑíëÝ²ßë 2008-09 ~ß Àß¾ß
¼ßëÝßÉßæÀ, àºßÉßß¨Ã, ²ß¨Ã à§ÉÉßã ËßÞ ÉßæÁ ²ßÀß~ßÐßíëÝ Ðßë ºßã µßäÀÐ~ßÀ µßÆßµ£ß à~.
Ð£ßÀã¾ß ~¢ß ¾ßíëÌß²ßß ~ß µßÆËß£ßÃ²ß à~¾ßß ßìÀ §æÐßÀã ¹ßì×~ ß²±ßÆ µßÆ§ëÍß ¼ßëÝ è~àÏß ËßÞ
ºßßÀ£ß ÐßÀ~ßÀ ë~ à²ß§ëÃÍßß²ßäÐßßÀ ¹ßìÝ~ âÑ§ã ~ß¾ßßÃ²Ëß¾ß²ß ë~ àÉß ~ß¾ßÃ ¾ßíëÌß²ßß ¹ß²ßß£ßß è~àÏß ßà£ßàËßà±ß¾ßíëÝÞ µßÀ ¶~íë~Ðß ÊßÉß£ßë Ñä ²ßËß¼¹ßÀ 2008 ¼ßëëÝ ß¾ßíëàÌß£ß ~ã ß¾ßã.
Ñì. ¹ßìÝ~ à²ß¾ßà¼ß£ß Âµß Ðßë âÑ§ã ~ß¾ßÃÍßßÉßß ßìÀ âÑ§ã ¼ßß±¾ß¼ß Ðßë Ðßß¼ßß²¾ß ¹ßìÝâ~ß ë~ ËßÏßÃ 2008-09 ë~ §íìÀß²ß ß²±Æß µßÆ§ëÍß ~ã Àß¾ß Ð£ßÀã¾ß ¹ßì~ÐßÃ Ðßà¼ßà£ß ²ßë 30
µßÆàÍßß¢ß ºßã ß¾ßßëàÌß£ß ~À£ßß Ñì ßìÀ ÐÖß¶~ Ðß§Ð¾ßíëÝÞ ~íë ÊëÐ~ µßÆàÍßß¢ß §ë£ßß Ñì. ¹ßìÝ~ ÐßÞ½ßßÉß~ Ðßà¼ßà£ß ~ã ¹ßì×~íëÝ ~ß ß¾ßíëÌß²ß à~¾ßß. ¹ßì×~íëÝ ¼ßëÝ è~àÏß ~¢ß ¿æÖ ËßÞ ~¢ß
²ßë ÀßÌßºßßÏßß ~ß¾ßßÃ²Ëß¾ß²ß ë~ àËßàºß²²ß ¼ßßµß§ÞÊíëÝ ¼ßëëÝ ßë¥ßËßßÀ Éß¾ß µßÆßµ£ß à~¾ßë ÑìÝ. ¹ßÆíë½ßÀ, ÀßÑ£ß 2008 (ÊãÊ¹ÉßæÊãßÀÐß-2008) àÐßÀàÐßÉÉßß Ñ¦ß~À³ßß ¹ßä²ß~ÀíëÝ ë~ àÉß
µßì¼¶~ÉßëÖ, ËßÞ ¹ßì²ßÀ âÑ§ã ßìÀ ßë¥ßã¾ß ºßßÏßßßëÝ ¼ßëÝ ¹ß²ßß¾ßë Ëß ¼ßäà§Æ£ß à~¾ßë Ìßß ÀÑë ÑìÝ. µßä²ßËßßÃÐß µßìë~Ìß, àÌß²Ñíëë²ßë Ê¹ÉßæÊã ÞÊ ÊãßÀÐß 2008 ë~ Þ£ßßÃ£ß à~Ðßã ºßã
¹ßì~ âÑ§ã ¼ßëÝ ÀßÌßºßßÏßß ÐßàÀ£ßß à£ß¼ßßÑã µßà¥ß~ß ßìÀ ±ßÃËßßàÏßÃ~ £ßíìÀ µßÀ ºßßÀ£ßã µßÆ~ßÀ ~ß Éßßºß µßÆßµ£ß ²ßÑãÝ à~¾ßß, µßÆ£¾ßë~ à~Ðßß²ß ~íë Á. 5000/- ~ã µßÆíë£ÐßßÑ²ß
µßà¥ß~ß ~ß µßÆ~ßÍß²ß ~À ÀÑß Ñì. ÀßàÍß §ë²ßë, ÌßìÐßë ~¨Ã ¼ßä§ò§íëëÝ µßÀ ½ß½ßßÃ ~ã ß¨Ã.
à§Ðß¼¹ßÀ 2008 ë~ ¼ßÑã²ßë ¼ßëÝ ¼ßÐß¼ß¨Ã µßÀ àËßÍßëÏß ¶~íë~Ðß ÊßÉß²ßë ß²±ßÆ µßÆ§ëÍß ~ã
¹ßìÝ~ ²ßë Ýßè~à£ß Íß¹§ ÐßÞÐßß±ß~ Ðßß¶~òÖËßë¾ßÀ Éßßß¾ßß Ñì ßìÀ ÐÖß¶~ ~íë à²ßÀÞ£ßÀ ß±ßßÀ
ÀßÌ¾ß Ð£ßÀã¾ß ¹ßìÝ~ÐßÃ Ðßà¼ßà£ß ~ã àËßÍßëÏß ¹ßì×~ ~ß ß¾ßíëÌß²ß à~¾ßß ß¾ßß ßìÀ Ðßë~
µßÀ µßÆàÍßß¢ß §ë ÀÑß Ñì. Öã¼ß ÐÆ~ã²ß ¼ßëÝ ÞßÆëÌßã ë~ Ðßß¦ß âÑ§ã ßìÀ £ßëÉßäßä ¼ßëÝ µßÍ½ßß£ßò µßÆ£¾ßë~ ¼ßÑã²ßë ¼ßÐß¼ß¨Ã µßÀ ¶~íë~Ðß ÊßÉß²ßë àËßÍßëÏß ¹ßì×ëÝ~ ß¾ßëßàÌß£ß ~ã
ÞÖÀ¶ë~Ðß µßÉß¹±ß Ñì. ¹ßì~ ~ß Ëßë¹ßÐßßÖ ÞßÆëÌßã ë~ ÉßßËßß àÑ²§ã ßìÀ £ßëÉßäßä ßÄ. ÐßÀ~ßÀ µßÆß¾ßíëàÌß£ß ¾ßíëÌß²ßßßëÝ ë~ Ðß¹ßÞ±ß ¼ßëÝ ¹ßìÝ~íëÝ °ßÀß ~ã ß¾ßã µßÆßà£ß ~ã Ðß¼ßãßß
ºßßÏßßßëÝ ¼ßëÝ ºßã µßÉß¹±ß Ñì. ~íëÀ ¹ßìÝâ~ß Ðß¼ßß±ßß²ß ¼ßëÝ ºßã âÑ§ã ~ã ÐßäàËß±ßß §ã ß¾ßã ~À²ßë Ìß²ßËßÀã 2009 ¼ßëÝ Àß¾ß Ð£ßÀã¾ß Ðß¼ßãßß ¹ßì×~ ~ß ß¾ßëßÌß²ß à~¾ßß ß¾ßß.
Ñì. ¹ßìÝ~ ²ßë Ðßºßã ÐÖß¶~ ~íë ~¼¾ßÞæÖÀíëÝ ¼ßëÝ ¾ßæà²ß~íëÊ ¼ßëÝ ~ß¼ß ~À²ßë ë~ §ò§ëÍ¾ß Ðßë 5.16 ²ßäÏßÞßã ËßÞ ßë¥ßã¾ß ßÆß¼ßã¢ß ¹ßìÞÝ ~
¾ßæà²ß~íëÊ ÐßäàËß±ßß ~ß ºßã µßÆßËß±ßß²ß à~¾ßß Ñì. ¹ßì~ Ðßã¹ßãÐß ëÝ~§ÆíëÝ ¼ßëÝ âÑ§ã ë~ µßÆ¾ßíëß
ë~ àÉß ºßã µßÆàÍßß¢ß §ë ÀÑß Ñì. ËßÏßÃ ë~ §íìÀß²ß ÐßÞÐß§ã¾ß ÀßÌßºßßÏßß ~ã ßÉßëÛß ËßÞ ¹ßìÝ~ ¼ßëÝ ß²±ßÆß ¹ßìÝ~ ¶~ß²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß àÉß. (¹ßã¶~ÐßÉß) ë~ ²ßß¼ß Ðßë ~
Ðßß¾ß µßÐßà¼ßà£ß ²ßë ßÞßÖíë~ ÍßßÛßß, ËßßÀß¢ßÐßã ÍßßÛßß, ËßÞ ~íëà½ß ÍßßÛßß ~ß §íìÀß ²ßäÏßÞßã Ñì Ìßíë ¹ßìÝ~ ë~ µßæ¢ßÃ ÐËßßà¼ß£Ëß ¼ßëÝ Ñì. ËßÏßÃ 2008-09 ë~ §íìÀß²ß ¹ßã¶~ÐßÉß
²ßë à~Ðßã µßÆ~ßÀ ~ß Ë¾ßßµßßÀ ²ßÑãÝ à~¾ßß.
34
would provide better delivery of HR Services. The HRMS The Bank has taken corporate license for Akruti Multilingual
package will not only enable the efficiencies in transactions Word Processing Software and training is imparted to staff on
for managing personnel in the Bank but also aims to serve an ongoing basis. ATM screens have interface in Hindi, Telugu
Management Information System (MIS) which is a tool of talent along with English. Website of the Bank is also available in
management. More than 42 modules have been implemented Hindi and Telugu languages besides English. In Core Banking
and access is given to all Zonal Offices to operate, while Solution, too, facility for use of Hindi has been provided.The
retaining the operational control with Head Office. Bank has provided Unicode facility in all its computers to enable
5.11.5. Sports & Games the staff to work in Hindi in Unicode mode. Bank is also
The Bank is encouraging sports in order to facilitate promotion imparting training in CBS centres in the use of Hindi. Drafting
of sports and games to achieve excellence. The Bank has and Evidence Sub-Committee of Parliament on Official
recruited outstanding sports personnel in a few disciplines like Language visited the Gangtok, Varanasi
Cricket, Kabaddi and Chess. During the year 2008-'09, Bank and Kochi Branches during the year and appreciated the
has won several trophies and medals in the above fields at efforts. Reserve Bank of India has inspected Zonal Office,
State /National level. Bhubhaneshwar (for Region-C) and Ranchi Branch (for
5.11.6. Physically Challenged persons Region-A) on Hindi implementation and expressed satisfaction.
The Bank is prudently following the Govt. of India guidelines 5.13. Vigilance
regarding recruitment of physically challenged persons. As on In tune with CVC guidelines, a three member Committee of
31.3.'09, the Bank had a total of 79 personnel under the General Managers has been constituted to scrutinize and
physically challenged category consisting of 12 officers, 56 determine existence of Vigilance angle in various cases /
clerks, 6 subordinate staff and 5 part time sweepers. complaints. All fraud cases involving Rs.1 lac and above are
5.12. Official Language implementation being put up to the Board of Directors as and when a case is
During the year, Bank complied with the guidelines related to registered. All fraud cases are being reviewed by the Audit
Official Language. Bank was awarded 3rd Place in Region-C Committee of the Board on Quarterly basis. Bank has
and 4th Place in Region-B for implementation of Official constituted a Board level Special Committee to review large
Language by RBI. Bank also received second prize for its Hindi value frauds involving Rs.100 lacs and above.
House Magazine Rajbhasha Sarita. Bank is the Convenor of Under the extant guidelines Cash Transaction Report,
Town Official Language Implementation Committee (Banks), Suspicious Transactions Reports and Counterfeit Currency
Hyderabad and was awarded Indira Gandhi Rajbhasha Reports are required to be submitted in electronic format to
Puraskar by the President of India for Town Official Language FIU-IND, New Delhi. For this purpose, Bank has acquired
Implementation Committee activities and also got Regional AMLOCK Software.
Award Prize by Govt. of India. The Bank achieved Awards 5.14. Lead Bank Scheme
from Thiruvanantapuram, Mangalore, Bhilai, New Delhi and The Bank is having Lead Bank responsibilities in 6 districts,
Eluru TOLICs. viz., Guntur, West Godavari, East Godavari and Srikakulam
Bank formulates and draws Action Plan for implementation of districts in the State of Andhra Pradesh and Ganjam and
Hindi. Bank regularly conducts Hindi Workshops, General Gajapathi districts in the State of Orissa. In all the six districts,
Banking Training programmes through Hindi Medium and District Credit Plans for the year 2009-10, were launched
imparts Desk training and provides Help Material. Bank has before 31st March, 09.
achieved Region wise targets under various parameters of 5.15. State Level Bankers Committee (SLBC)
Official Language Implementation. Brochures, pamphlets and Andhra Bank is the Convenor of SLBC in the State of A.P.
banners are printed in Hindi and Regional Languages. Bank During financial year 2008-09, State Level Bankers Committee
Publishes a quarterly magazine in Hindi, namely Rajbhasha of Andhra Pradesh has conducted two SLBC Meetings, one
Sarita and a Half yearly Hindi Magazine Bharati. in May '08, under the Chairmanship of Honble Chief Minister
of Andhra Pradesh and launched a State Level Credit Plan for
2008-09 and another meeting was conducted in the month
of November, '08 focusing on agriculture and allied activities
of Andhra Pradesh.
SLBC of AP has conducted 30 Steering Committee Meetings
during the financial of 2008-09 and taken up several issues
including Agriculture Debt Waiver and Debt Relief Scheme-
2008 (ADWDRS-2008), Rehabilitation package for Siricilla
Handloom Weavers and Incentive of Rs.5000 per each farmer
who could not get any benefit under ADWDRS-2008.
A Special Meeting of SLBC of AP was also conducted with
Special Focus on MSME in the month of December, '08 and
thereafter, every month, special Meetings are conducted with
focus on MSME. A State Level Review Meeting was also
conducted in the month of January, '09 to review the progress
made by the Banks specially with regard to Government
Ñ¼ßßÀë ¹ßìÝ~ ²ßë ¼ßÑß¼ßàÑ¼ß ÎÇßã¼ß£ßã µßÆà£ßºßß µßßàÖÉß, ºßßÀ£ß ë~ ÀßÏÖÅµßà£ß ë~ ~À~¼ßÉßíëÝ Sponsored Schemes.
Ðßë Þà§Àß ßßÞ±ßã ÀßÌßºßßÏßß ÍßãÉÊ µßÆßµ£ß à~¾ßß 5.16. Subsidiaries & Regional Rural Banks
Our Bank has received the Indira Gandhi Rajbhasha shield from The Bank has one subsidiary, namely, Andhra Bank Financial
Her Excellency Smt, Pratibha Patil, Honourable President of India Services Limited (ABFSL), which is wholly-owned by the Bank.
in New Delhi During the year 2008-'09, ABFSL did not conduct any business.
35
¹ßìÝ~ °ßÀß µßÆß¾ßíëàÌß£ß ßäÞÖæÀ ËßÞ µßæËßãÃ ËßÞ µßàÍ½ß¼ßã ßíë§ßËßÀã àÌßÉßíëÝ ~íë ~ËßÀ ~À£ßë Ñä ¼ßëÝ ½ß£ßä¦ßÃ µßäÀÐ~ßÀ µßÆßµ£ß à~¾ßß. ¹ßìÝ~ ~íë ÀßÌßºßßÏßß ÐßàÀ£ßß ßèÑ µßà¥ß~ß ë~ àÉß
ßäÞÖæÀ (ß²±ßÆ µßÆ§ëÍß) ¼ßëÝ ½ßì£ß²¾ß ßíë§ßËßÀã ßÆß¼ßã¢ß ¹ßìÝ~ ßìÀ ßÞÌßß¼ß ËßÞ ÊãÐßß ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ Ðßë à°£ßã¾ß µßäÀÐ~ßÀ µßÆßµ£ß Ñäß. ¹ßìÝ~ ²ßÀß~ßÐß Ñì§Àß¹ßß§ ~ß
ÀßÌ¾ß ¼ßëÝ ßÞÌßß¼ß ÞËß ßÌßµßà£ß àÌßÉßíëÝ ~íë ~ËßÀ ~À£ßë Ñä ~àÏßä~É¾ßß ßÆß¼¾ß ¹ßìÝ~ ÐßÞ¾ßíëÌß~ Ñì ßìÀ ¼ßÑß¼ßàÑ¼ß ÀßÏÖÅµßà£ß ¼ßÑíë§¾ßß Ðßë ²ßÀß~ßÐß ßà£ßàËßà±ß¾ßíëÝ ë~ àÉß
¹ßÀÑ¼ßµßæÀ ¼ßëÝ àÐ¦ß£ß Ñì. 31.03.2009 ~íë §íë²ßíëÝ ßÀßÀ¹ßã¾ßíëÝ ~ß à¼ßàÎÇß£ß Ë¾ßßµßßÀ Þà§Àß ßßÞ±ßã ÀßÌßºßßÏßß µßäÀÐ~ßÀ µßÆßµ£ß à~¾ßß ßìÀ ºßßÀ£ß ÐßÀ~ßÀ °ßÀß ßë¥ßã¾ß
Á.2101 ~ÀíëñÊ Ñì ßìÀ ä~Éß ÍßßÛßß ²ßëÖËßÃ~ 171 Ñì. µßäÀÐ~ßÀ ºßã µßÆßµ£ß à~¾ßß.
5.17 ÐßÞÐß§ã¾ß Ðßà¼ßà£ß 5.22 ²ß¨Ã µßÑÉß
¹ßìÝ~ ÐßÞÐß§ã¾ß Ðßà¼ßà£ß ~ã ¹ßì×~íëÝ ~ß ÐßàÆ~¾ß Âµß Ðßë ß¾ßíëÌß²ß ~À£ßß Ñì ßìÀ ëÝ~§Æ ËßÞ 5.22.1 ÌßãËß²ß ¹ßã¼ßß ÐßÞ¾ßä¬£ß ®¼ß
ÀßÌ¾ß ÐßÀ~ßÀ £¾ßßà§ Ðßë §íìÀß ~À ÀÑë àËßàÍßÏÖ Ë¾ßà¬£ß¾ßíëÝ ~ß §ëÛßÀëÛß ~À£ßß Ñì.
ËßÏßÃ ë~ §íìÀß²ß ¹ßì~ ²ßë ¹ßìÝ~ ßî¶~ ¹ßÊíì§ß ËßÞ ¾ßæë~ ~ß ÉßãßÉß ÞÊ Ìß²ßÀÉß ßÆäµß
®íëß ~ã Ð¦ßß¾ßã ÐßÞÐß§ã¾ß Ðßà¼ßà£ß ²ßë 29.08.2008 Ðßë 01.09.2008 £ß~ §íìÀß
à~¾ßß ßìÀ 22 Ìß²ßËßÀã 2009 Ðßë 24 Ìß²ßËßÀã 2009 £ß~ Ìß²ß àÍß~ß¾ß£ß, àËßà±ß µßãÉßÐßã ßî¶~ ¾ßææë~ ²ßë ÐßÞ¾ßä¬£ß ÌßãËß²ß ¹ßã¼ßß Þ~µß²ßã µßÆßÀÞºß ~À²ßë ~ß à²ß¢ßÃ¾ß àÉß¾ßß Ñì.
ËßÞ ²¾ßß¾ß ~ã ÐßÞÐß§ã¾ß Ð¦ßß¾ßã Ðßà¼ßà£ß ²ßë §íìÀß à~¾ßß. Ðßß¼ßßàÌß~ ~¢ß ~ã ÐßÞÐß§ã¾ß Íßë¾ßÀ±ßßÀ~ ßÆã¼ßëÝÖ µßÑÉßë Ñã ÑÐ£ßßßÀ à~¾ßß ß¾ßß Ñì ßìÀ Þ~µß²ßã ~ã Ð¦ßßµß²ßß ë~
Ð¦ßß¾ßã Ðß¼ßà£ß ²ßë 28.01.2009 Ðßë 30.01.2009 ë~ §íìÀß²ß §íìÀß à~¾ßß. àÉß ßËßÍ¾ß~ ßìµß½ßßàÀ~£ßßïÞ µßæÀã ~ã Ìßß ÀÑã ÑìÝ ßìÀ ÐßÞ¹ßÞ« à±ß~ßàÀ¾ßíëÝ Ðßë
²ßä¼ßíë§²ß ¼ßßß ÀÑë ÑìÝ. µßÆÐ£ßßàËß£ß Þ~µß²ßã ¼ßëÝ 30% ¹ßìÝ~ ~ã Íßë¾ßÀÑíëàÉÊÞß ÀÑëßã Ìß¹ßà~
¹ßìÝ~ ßî¶~ ¹ßÊíì§ß ~ß 44% ËßÞ ÉßãßÉß ËßÞ Ìß²ßÀÉß ßäÆµß µßãÉßÐßã °ßÀß 26%.
µßÆàë~¾ßß ë~ àÉß ßÀ 1 ßËßë§²ßµß¥ß §ß¾ßÀ à~¾ßß ß¾ßß Ñì ßìÀ ~ß¾ßßÃ²Ëß¾ß²ß ~ß ßÉßß
½ßÀ¢ß µßÆßÀÞºß Ñíë ß¾ßß Ñì.
5.22.2 ÞÖÀ²ßëÖ ¹ßìâÝ ~ß
¹ßì~ ²ßë ßÆßÑ~íëÝ ë~ Éßßºß ë~ àÉß ÞÖÀ²ßëÖ ¹ßìÝâ~ß ËßÞ Ðß¼ßÐß ÉßÖÃ ÐßëËßßïÞ µßÆßÀÞºß
~ã ÑìÝ. ¾ßë ¼ßæÉ¾ßËßà±ßÃ£ß ÐßëËßßïÞ ÑìÝ ßìÀ àËß®¼ßß²ß ßÆßÑ~íëÝ ~íë ¹ßëÑ£ßÀ £ßÀãë~ Ðßë ÐßëËßß
µßÆ§ß²ß ~À ÐßëÝ~ßë. ÞÖÀ²ßëÖ ¹ßìÝâ~ß ¼ßëÝ Ðßºßã ÐßäàËß±ßßïÞ §ã Ìßß£ßã ÑìÝ ÌßìÐßë à~ Ðßºßã Ûßß£ßíëÝ
~ã µßæ¿£ßß¿, Ûßß£ßß ÍßëÏß µßæ¿£ßß¿, ÉßëÛßß àËßËßÀ¢ßíëÝ ~ß ¼ßä§Æ¢ß ËßÞ Êß²ßÉßíëâÊß ËßÞ
²¾ß µßßÖãÃ Þ£ßÀ¢ß, Ìß¼ßß Ûßß£ßß ÛßíëÉß²ßë ~ß ²ßäÀíë±ß, Öã¼ß/Êëà¹ßÖ ~ßÊÃ ë~ àÉß
²ßäÀíë±ß ËßÞ ßî²ßÉßß²ß ~À ºßäß£ßß²ß ßà§.
5.22.3 ¼ßíë¹ßßÉß ÉßÖÃ ÐßäàËß±ßß
¹ßìÝ~ ²ßë ßÆßÑ~íëÝ ~íë ¼ßßë¹ßßÉß ÉßÖÃ ÐßäàËß±ßß ~ß µßÆßËß±ßß²ß à~¾ßß Ñì Ìßíë ~) Ûßß£ßë ¼ßëÝ
¹ßìÝ~ ¼ßß²ß²ßã¾ß §ò¾ßíëß ÐßÞ¹ßÞ±ßã ÐßÞÐß§ã¾ß Ð¦ßß¾ßã Ðßà¼ßà£ß ~ã ¹ßì×~ ¼ßëÝ µßàÐ¦ß£ß Ñäß Ìß¼ßß ËßÞ ²ßß¼ßë Éßë²ß§ë²ßëßÞ ë~ ÉßÖÃ Ûß) Öã¼ß ßÑÀ¢ß ß) ½ßë~ ËßßµßÐßã ~ã
Our Bank attending the Meeting of Honble Members of Parliament
Standing Committee on Industry
Ìßß²ß~ßÀã ³ß) ½ßë~ ¹ßä~ ÌßßÀã ~ã Ìßß²ß~ßÀã Ê.) ¼ßã¾ßß§ã Ìß¼ßß §ë¾ß £ßßÀãÛß ~ã
Ìßß²ß~ßÀã ¿) à§²ß ë~ Þ£ß ¼ßëÝ à~Ðßã ºßã Éßë²ß§ë²ß ~ß ÍßëÏß. ¹ßì~ ë~ £ßã²ß ÉßßÛß ßÆßÑ~íëÝ
5.18 ¹ßì~ ~ß Ëßë¹ßÐßßÖ ²ßë ÐËß¾ßÞ µßÞÌßãè~£ß ~Àß¾ßß Ñì ßìÀ ÐßäàËß±ßß ~ß Éßßºß ×ß ÀÑë ÑìÝ.
www.andhrabank.in ¼ßëÝ ¹ßì~ ~ß Ëßë¹ßÐßßÖ µßÉß¹±ß Ñì ßìÀ Ðß¼ßëÝ ¹ßìÝ~ °ßÀß 5.22.3 ²¾ßæ ÌßÐßãÃ ¼ßëÝ µßÆà£ßà²ßà±ß ~ß¾ßßÃÉß¾ß
à§¾ßë Ìßß ÀÑë àËßàºß²²ß £µßß§íëÝ ËßÞ ÐßëËßßßëÝ ë~ ¹ßßÀë ¼ßëÝ àËßÐ£ßè£ß Ìßß²ß~ßÀã Ñì. Ìß¼ßß ËßÞ
~¢ß £µßß§íëÝ µßÀ à§¾ßë Ìßß ÀÑë ¹¾ßßÌß ~ã §ÀíëÝ ßìÀ ÍßßÛßß ²ßëÖËßÃ~ ~ã Ìßß²ß~ßÀã, §ä¹ß (¾ßæ¨Ã) ¼ßëÝ µßÆà£ßà²ßà±ß ~ß¾ßßÃÉß¾ß ë~ Ðß¶~Éß ²ßäºßËß ë~ ¹ßß§ ²¾ßæ ÌßÐßãÃ (¾ßæÐß) ¼ßëÝ
½ß µßÆ¹ßÞ±ß²ß ë~ Ðß§Ð¾ß ËßÞ à²ß§ëÍß~ ¼ßÞÊÉß ë~ ¹ßßÀë ¼ßëÝ Ìßß²ß~ßÀã ~ßë Éßßß£ßßÀ ®£ß²ß §æÐßÀß µßÆà£ßà²ßà±ß ~ß¾ßßÃÉß¾ß ÛßíëÉßß Ñì. ²¾ßæ ÌßÐßãÃ/¾ßæÐß ¼ßëÝ ²ßßÀß¨Ã Ðß¼ßä§ß¾ß ~ã
à~¾ßß Ìßß£ßß Ñì. ¹ßì~ ë~ Ëßë¹ßÐßßÖ ë~ ¼ßß±¾ß¼ß Ðßë ÞÖÀ²ßëÖ ¹ßìÝâ~ß ÐßäàËß±ßß ºßã µßÉß¹±ß ¹ßÊã ÐßÞÛ¾ßß ë~ Ðßß¦ß ÐßÞµßÃ~ ¹ß²ßß¾ßë ÀÛß²ßë ë~ àÉß µßÆà£ßà²ßà±ß ~ß¾ßßÃÉß¾ß ÛßíëÉßß ß¾ßß Ñì
Ñì. âÑ§ã, ÞßÆëÌßã ÞËß £ßëÉßäßä ¼ßëÝ ºßã Ëßë¹ßÐßßÖ µßÉß¹±ß Ñì. àÌßÐßÐßë ¹ßìÝ~ ë~ àÉß à²ßËßßÐßã ßÆßÑ~íëÝ ~ã~ ¹ßÊã ÐßÞÛ¾ßß Ðßäà²ßàÍ½ß£ß ~À²ßë ë~ Ðßß¦ß-Ðßß¦ß
5.19 ß²±ßÆß ¹ßìÝ ~ ßÆß¼ßã¢ß àËß~ßÐß ²¾ßßÐß ²ßßÀß¨Ã Ðßë µß¾ßßÃµ£ß ÀßàÍß µßÆßµ£ß Ñíë²ßë ¼ßëÝ ¼ß§§ à¼ßÉß Ðßë~ßã.
¹ßìÝ~ ¼ßëÝ à~Ðßß²ßíëÝ, ¹ßëÀíëÌßßßÀ ¾ßäËß~íëÝ, Ðß½ßÌßã ¼ßàÑÉßß, àÍßÉµß~ßÀ, £¾ßßà§ ~íë 5.22.5 ²ßßÀß¨Ã ~ß
ßËßÍ¾ß~£ßß ß±ßßàÀ£ß µßÆàÍßß¢ß ~ß¾ßÃÆ~¼ß ½ßÉßß²ßë ë~ §ò§ëÍ¾ß Ðßë 10 ßÆß¼ßã¢ß àËß~ßÐß ¹ßìÝ~ ßìÀ ²ßßÀß¨Ã ßÆßÑ~íëÝ ë~ ¹ßã½ß ÐßÞµßÆëÏß¢ß ~íë µßÆºßßËßã ½ßì²ßÉß ë~ Âµß ¼ßëÝë
ÐßÞÐ¦ßß²ß ÑìÝ. 31 ¼ßß½ßÃ 2009 £ß~ àËßàºß²²ß ~ß¾ßÃÆ~¼ßíëÝ °ßÀß 77, 806 Ë¾ßà¬£ß¾ßíëÝ ~íë ²ßßÀß¨Ã ~ß ~ã Ð¦ßßµß²ßß ~ã ß¾ßã Ñì. ~ß à²ßËßßÐßã ßÆßÑ~íëÝ ë~ Ðßß¦ß-Ðßß¦ß §íë²ßíëÝ
µßÆàÍßàß£ß à~¾ßß ß¾ßß. ÐßÞÐ¦ßß²ß àËß££ßã¾ß ßë¥ß ¼ßëÝ àËßàºß²²ß ÐßäàËß±ßßßëÝ ~ã µßÉß¹±ß£ßß ë~ µßÆà£ßà²ßà±ß ~ß¾ßßÃÉß¾ßíëÝ ~íë ºßã àËß££ßã¾ß ßë¥ßßëÝ ~ãëÝ ®£ß²ß ßà£ßËßà±ß¾ßíëÝ ~ã Ìßß²ß~ßÀã
¹ßßÀë ¼ßëÝ ßÆß¼ßã¢ß Ìß²ß£ßß ~íë Ìßß²ß~ßÀã §ë£ßë ÑìÝ. µßÆ§ß²ß ~À£ßß Ñì. ¹ßìÝ~ ~ß ²ßßÀß¨ÃÆ ~ß ¦ßÃË¾ßËßÐ¦ßß ßìÀ àËß££ßã¾ß ßë¥ß ¼ßÞëÝ
5.20 ÐßäÀßß µßÆ¹ßÞ±ß ßà£ßàËßà±ß¾ßíëÝ µßÀ Ìßß²ß~ßÀã µßÆ§ß²ß ~À ÀÑß Ñì ßìÀ Ðßë~ àÉß ¼ßßàÐß~ ²ßßÀß¨Ã
¹ßìÝ~ ÐßäÀßß Ë¾ßËßÐ¦ßß ~íë ßËßÍ¾ß~ µßÆß¦ßà¼ß~£ßß µßÆ§ß²ß ~À£ßß Ñì.àµß¿Éßë £ßã²ß ËßÏßÃ ¼ßëÝ ¹ßäÉßëàÖ²ß ~ß µßÆ~ßÍß²ß ~À ÀÑß Ñì. Ðßë~ à£ßàÀ¬£ß ~ß §ä¹ß¨Ã ËßÞ ²¾ßæ ÌßÐßãÃ ë~
µßÀß±ß ~ã §À ¼ßëÝ ºßßÀã àßÀßËßÖ Ñä¨Ã Ñì. àµß¿Éßë £ßã²ß ËßÏßÃ ¼ßëÝ ¹ßÊã ÐßÞÛ¾ßß ¼ßëÝ ÍßßÛßßßëÝ µßÆà£ßà²ßà±ß ~ß¾ßßÃÉß¾ßíëÝ ë~ Ðßß¦ß ÐßÞµßÃ~ ÀÛß£ßß Ñì ßìÀ ¹ßìÝ~ ë~ ²ßßÀß¨Ã ßÆßÑ~íëÝ Ðßë
ËßÞ Öã¼ß ÛßßëÉß²ßë ë~ ¹ßßËßÌßæ§ ËßÏßÃ 2008-09 ¼ßëÝ ²ß~§ã Ñßà²ß ¼ßëÝ àµß¿Éßë àËß££ßã¾ß à²ß¾ßà¼ß£ß µß¥ßß½ßßÀ ~À£ßß Ñì
ËßÏßÃ ë~ 76% µßÆà£ßÍß£ß ë~ µßÆà£ß Íß£ßµßÆà£ßÍß£ß ~¼ßã ß¨Ã Ñì. ¹ßìÝ~ àÐßÖã ¹ßìÝ~ ë~ ÐßÑ¾ßíëß Ðßë ¹ßã ÐµßãÊËßë ë~ ²ßß¼ß Ðßë Ëßë¹ß ß±ßßàÀ£ß £µßß§ Íßã³ßÆ Ñã
5.21 µßäÀÐ~ßÀ ËßÞ Ðß¼¼ßß²ß µßÆßÀÞºß ~Àëßß Ìßíë Ëßë¹ß ß±ßßàÀ£ß ²ßËßÊÃ Àëà¼ßÖëÝÐß £µßß§ Ñì.
¹ßìÝ~ ~íë ÀßÌßºßßÏßß ë~ ~ß¾ßßÃ²Ëß¾ß²ß ¼ßëÝ µßäÀÐ~ßÀ ËßÞ Ðß¼¼ßß²ß µßÆßµ£ß Ñä ÑìÝ. ºßßÀ£ßã¾ß
àÀÌßËßÃ Ðßë ÀßÌßºßßÏßß ~ß¾ßßÃ²Ëß¾ß²ß ë~ ²ßäµßßÉß²ß ë~ àÉß ßë¥ß ß ¼ßëÝ £ßè£ßã¾ß ËßÞ ßë¥ß Ûß
36
Bank has sponsored two RRBs, namely, Chaitanya Godavari Language by RBI. Bank also received second prize for its House
Grameena Bank located in Guntur (Andhra Pradesh), covering Magazine Rajbhasha Sarita. Bank was also awarded Indira
the districts of Guntur, East Godavari and West Godavari and Gandhi Rajbhasha Puraskar by the Honble President of India
Rishikulya Gramya Bank located in Berhampur covering Ganjam for Official Language implementation activities and also got
and Gajapathi districts in the state of Orissa. The combined Regional Award Prize by Govt. of India.
business of the two RRBs as on 31.03.'09 stood at Rs.2101 5.22. NEW INITIATIVES
crore with a total branch network of 171. 5.22.1. Life Insurance Joint Venture
5.17. Parliamentary Committees The Bank along with Bank of Baroda and Legal & General Group
The Bank is actively involved in organizing Parliamentary Plc of UK has decided to form a joint venture life insurance
Committee meetings, attending to visiting dignitaries from company. The shareholders agreement has already been
Central and State Governments etc. The Parliamentary Standing signed and necessary formalities are being completed for setting
Committee on Industry visited the Bank from 29.8.08 to 1.09.08 up of the company and seeking approval from the relevant
and the Parliamentary Standing Committee on Public authorities. The Bank has shareholding of 30% in the proposed
Grievances, Law and Justice visited from 22nd January 09 to company while Bank of Baroda will hold 44% and 26% will be
24th January 09. The Parliamentary Standing Committee on held by Legal and General Group Plc. The R-1 application for
Social Lending visited during the period 28.01.09 to 30.01.09. the process has been filed and the next phase of implementation
has already started.
5.22.2. Internet Banking
Bank has launched Internet Banking and SMS Alert services
for the benefit of its customers. These will be value added service
offerings which will serve the existing customers in a better way.
The Internet Banking allows facilities such as all Accounts
Enquiry, Account Balance Enquiry, Printing and Downloading
of Accounts Statements, Status Enquiry on Cheque Book entry,
Stop cheque request, Transfer to own account and Third party
transfer, Opening of deposit account request, Request for ATM/
Debit cards PIN and On line Tax Payment.
5.22.3. Mobile Alert facility
The Bank has provided Mobile Alert facility to the customers
which will serve functions like a) alerts for credit and debit
§ò¾ßíëß ÐßÞ¹ßÞ±ßã ÐßÞÐß§ã¾ß Ð¦ßß¾ßã Ðßà¼ßà£ß ~ß §íìÀß transactions in the account b) ATM withdrawals c) Information
A visit of Parliamentary Standing Committee on Industry on cheque returned d) Information on cheque book issuance e)
information on Term deposit due date and f) Balance for any
5.18. Banks Website transaction at day end.
The Banks website is available at www. andhrabank.in and Three lakh customers of the Bank have already registered
contains comprehensive details on the various products and themselves and availing the facility.
services offered by the Bank. There is also continuous updation 5.22.4. Representative Office at New Jersey
of the rates of interest offered on deposit and loan products, Bank has opened its second Representative Office at New
information about branch network, members of the Top Jersey (USA) in the month of November, 08 after the successful
Management and the Board of Directors. Internet Banking experience of Dubai (U.A.E.) Representative Office. The
facility is also available through the Banks website. The website Representative Office was established to liaise with the sizeable
is available in Hindi, English and Telugu. section of NRI community in New Jersey, U.S.A which is
5.19. Andhra Bank Rural Development Trust expected to result in good inflow of NRI deposits apart from
The Bank has 10 Rural Development institutes imparting need ensuring a captive non resident customer base for the Bank.
based training programmes for the benefit of farmers, 5.22.5.NRI cell
unemployed youth, SHG women, artisans etc. So far, 77,806 The NRI cell was set up with a view to serve as an effective
persons have been imparted training under various programmes channel of communication between the Bank and its NRI
upto 31st March09. The institutes also educate the rural people clientele. The cell is also updating the Non Resident customers
about the various avenues available in the financial sector. as well as the two Representative Offices with latest
5.20. Security arrangements developments in the financial sphere. The Banks NRI Cell is
The Bank accords necessary priority to security arrangements. disseminating information on developments in the economy and
During the last three years, the crime rates have reduced financial sector and coming out with a monthly NRI Bulletin for
drastically. Crime rate in 2008-09, was reduced by 76% over this purpose. Apart from this, the Cell also undertakes liaison
the previous financial year with a 100 per cent reduction in loss with the Representative Offices of Dubai and New Jersey (USA)
of cash, despite the addition of a large number of branches and and keeps regular correspondence with the NRI customers of
ATMs in the last three years. the Bank.
5.21. Awards and Rewards The Bank is shortly launching the product AB Speedway which
The Bank has received awards and prizes for implementation is a web based inward remittance product, in association with
of official language. Bank was awarded 3rd Place in Region-C Citi Bank.
and 4th Place in Region-B for implementation of Official
37
6 ~ßµßíëÀÃ Öë Ðßß¼ßßàÌß~ àÌß¼¼ßë§ßÀã ¹ßÌßÖ ¼ßëÝë Á. 332800 ~ÀíëÊ ~ß ÀßÌß~íëÏßã¾ß ³ßßÖß ¾ßß ÌßãÊãµßã ~ß
Ðß¼ßßÌß ~ß àºß²²ß Þß Ñíë²ßë ë~ ²ßß£ßë ¹ßì~ µß²ßë ~ßµßíëÃÀëÖ Ðßß¼ßßàÌß~ àÌß¼¼ßë§ßàÀ¾ßíëÝ 5.5% ²ßä¼ßß²ß Éßßß¾ßß ß¾ßß Ñì. ÐßÀ~ßÀ ²ßë àËß££ßã¾ß ËßÏßÃ 2009-10 ¼ßëÝ
Ðßë Ëßß£ß Ñì ßìÀ Ðßß¼ßä§ßà¾ß~ ËßÞ Ðßß¼ßßàÌß~ ~ß¾ßíëÄ ¼ßëÝ ~ß¾ßÃÀ£ß Ñì. ËßÏßÃ ë~ §íìÀß²ß, Á 361700 ~ÀíëÊ ~ß Ðß~Éß ~¢ß ~ß µßÆß¬~Éß²ß à~¾ßß Ñì.
¹ßìÝ~ ²ßë àËß~ßÐß, àÍßßß £¾ßßà§ ë~ àÉß Éßíë~íëµß~ßÀã ÐßëËßß §ë²ßë ë~ §ò§ëÍ¾ß Ðßë ~¨Ã 7.4 ¦ßíë~ ¼ßæÉ¾ß Ðßæ½ß~ßÞ~ 2 ßÐ£ß 2008 ~íë 12.91% ¿æ²ßë ë~ ¹ßß§ 4
µßÑÉß à~¾ßë ÑìÝ. ß²±ßÆß ¹ßìÝ~ ßÆß¼ßã¢ß àËß~ßÐß ²¾ßßÐß ë~ £ß£ËßßËß±ßß²ß ¼ßëÝ, ¹ßìÝ~ ßÆß¼ßã¢ß ËßÞ µßÆìÉß 2009 ~íë 0.18% £ß~ àßÀ ß¾ßß. ~¨Ã àËßÍÉßëÏß~íëÝ ²ßë Ìßæ²ß 2009
±ßÃÍßÑÀã ßë¥ßíëÝ ¼ßëÝ ¾ßäËßßßëÝ ~íë µßÆßàÍßß¢ß §ë ÀÑß Ñì £ßßà~ ßÀã¹ß Ë¾ßà¬£ß ®¼ß Ð¦ßßàµß£ß £ß~ ²ß~ßÀß£¼ß~ Ñíë²ßë ~ß ²ßä¼ßß²ß Éßßß¾ßß Ñì. à¶~À ºßã µßºßíë¬£ßß ~ã¼ß£ß
~À Ðßë~. ¹ßìÝ~ àËßàËß±ß Ë¾ßßËßÐßßà¾ß~ ËßÞ ¼ßß²ßËß ÐßÞÐßß±ß²ß àËß~ßÐß µßÆàÍßß¢ß ~ß¾ßÃÆ~¼ß Ðßæ½ß~ßÞ~~ ºßã ºßã 9-10% ë~ ÀëÝëÌß ¼ßëÝ Ñì ¬¾ßíëÝà~ µßÆß¦ßà¼ß~ ËßÐ£ßäßëÝ ~ã
~ß ß¾ßëßÌß²ß ~À ÀÑß Ñì. ~ã¼ß£ßíëÝ ¼ßëÝ ~¼ßã ß²ßã ÑìÝ. ¦ßíë~ ¼ßæÉ¾ß Ðßæ½ß~ßÞ~ ¼ßëÝ ~ß¶~ã ~¼ßã Ñíë²ßë ë~
½ß àÍßßß ~íë µßÆßë£ÐßßÑ²ß §ë²ßë ë~ §ò§ëÍ¾ß Ðßë ¹ßìÝ~ ß²±ßÆ àËßÍËßàËß®ßÉß¾ß, àËßÍßßÛßßµßÖòÖ¢ß, ~ßÀ¢ß, µßºßëß¬£ßß ~ã¼ß£ß Ðßæ½ß~ßÞ~ ¼ßëÝ ºßã §ëÀ Ðßë ~¼ßã ß Ðß~£ßã Ñì.
ß²±ßÆ µßÆ§ëÍß ë~ ì~¼µßÐß ¼ßëÝ ß²±ßÆß ¹ßìÝ~ Ðæ~Éß ßî¶~ à¹ßÌß²ßëÐß ~ã Ð¦ßßµß²ßß Ë¾ß¾ß ~íë 7.5 §ëÍß ¼ßëÝ àÐ¦ß£ß ¹ßìÝÞ~ ºßã ¼ßß½ßÃ 2009 Ðßë ¹ßëÐßÉß II ë~ µßæÞÌßã µß¾ßßÃµ£ß£ßß ~íë
µßÆß¾ßíëàÌß£ß ~À ÀÑß Ñì. ¹ßìÝ~ ß²±ßÆ µßÆ§ëÍß ÐßÀ~ßÀ, ²ßß¹ßßÊÃÃ, ß²±ßÆ µßÆ§ëÍß ¹ßìÝ~ ¼ßßßÆëÖ à~¾ßë ÑìÝ. ~¨Ã ¹ßì~ ¼ßëÝ ²ßë~ ~¢ß µßíëÖÃ¶~ßàÉß¾ßíë ¼ßëÝ ¹ßÜíë££ßÀã ë~ àÉß
®¼ß~£ßßÃ àËß~ßÐß ÐßÞÐ¦ßß²ß °ßÀß µßÆß¾ßëßàÌß£ß ²¾ß ½ß¾ßà²ß£ß ¹ßìÝ~ ë~ Ðßß¦ß ¹ßëÀíëÌßßßÀ µßæÞÌßã ßßÑ²ßë ~ã ~¼ß ßäÞÌßßÍß Ñì. Ðßë~ §èàÏÖß£ß ÐßÀ~ßÀ ²ßë ÐßÀ~ßÀã ¹ßì~íëÝ
¾ßäËßßßëÝ ë~ ~íìÍßÉß ~íë ¹ßÜß²ßë Ñë£ßä µßÆàÍßß¢ß µßÆ§ß²ß ~À ÀÑß Ñì. ¾ßÑ Ñì§Àß¹ßß§ ¼ßëÝ àÐ¦ß£ß ~íëë Ðß¼ßßÆ µßæÞÌßã µß¾ßßÃµ£ß£ßß ~ß 12% £ß~ ¹ß²ßß¾ßë ÀÛß²ßë ë~ àÉß ßÉßë §íë
Ñì. ¹ßìÝ~ Ðß¼ßßÌß ë~ «ßÀ ½ßìàÀÖ¹ßäÉß ²¾ßßÐß ËßÞ ²¾ß ÐßÞÐ¦ßß²ßíëÝ ~íë §ß²ß §ë ÀÑß Ñì. ËßÏßÃ ¼ßëÝ Á. 20,000 ~ÀíëÊ ÞÌßë¬Ö ~À²ßë ~ã ³ßíëÏß¢ßß ~ã. à¶~À ºßã,
ËßÏßÃ 2008-09 ë~ §íìÀß²ß Ðß µßÆ~ßÀ ë~ ~ß¼ß ¼ßëÝ Éßßë 9 ²¾ßßÐß /ÐßÞÐ¦ßß²ßíëÝ ~íë Öã¾ßÀ 1 µßæÞÌßã ÌßíëÝ ~¨Ã ¹ßì~ 8.5% £ß~ ÀÛßÀÛßßËß ~À ÀÑë ÑìÝ, ²ß~ã
Á. 1.20 ~ÀíëñÊ ~ß §ß²ß à§¾ßß Ñì. ÉßßºßµßÆ§£ßß µßÀ §¹ßßËß µßÊ²ßë ë~ ~ßÀ¢ß ßÞ£ßàÀ~~ µßæÞÌßã Ìß²ßÀëÍß²ß ¼ßëÝ ÑßÆÐß
àËß££ßã¾ß Ðß¼ßßËßëÍß²ß ¹ßì~ ~ß ~ ßìÀ ¶~íë~Ðß ßë¥ß Ñì. ¹ßìÝ~ ¼ßëÝ Ûßß£ßß ²ßÑãÝ ÀÛß²ßë ËßßÉßë Ñíëßß.Ý ß²ßë ËßßÉßë ËßÏßíëÄ ¼ßëÝ ¹ßëÐßÉß II ßËßÍ¾ß~£ßßßëÝ ~íë µßæÀß ~À²ßë ë~ àÉß
ÉßíëßíëÝ ë~ àÉß ¹ßìÝ~ ¼ßëÝ ²ßíë-à¶Æ~Éß ¹ß½ß£ß ¹ßìÝ~ Ûßß£ßíëÝ ~ã ÐßäàËß±ßß Ñì ÌßÑíïÞ ²¾ßæ²ß£ß¼ß ÍßëÏß Ë¾ßËßÐßß¾ß ¹ßÜíë££ßÀã ë~ àÉß µßæÞÌßã ÌßäÖß²ßß ºßßÀ£ßã¾ß ¹ßìÝ~íëÝ ë~ àÉß ¹ßÊã
~ã ßËßÍ¾ß~£ßß Á. 5/- Ñã Ñì. ¹ßìÝ~ ²ßë Ý ²ßíë-à¶Æ~Éß ¹ß½ß£ß ¹ßìÝ~ Ûßß£ßíëÝ ~ã ÐßäàËß±ßß µßÆ§ß²ß ½ßä²ßíì£ßã Ñíëßã.
~À²ßë ë~ Ðßß¦ß ÎÇßã~ßä~Éß¼ß (ß²±ßÆ µßÆ§ëÍß) ßìÀ ßÞÌßß¼ß (ÊãÐßß) ¼ßëÝ 100% àËß££ßã¾ß ÐßÐßë ßßë ¹ßÜ~À ß²±ßÆß ¹ßìÝ~ ²ßËßíë²¼ßëÝÏßã £µßß§ ËßÞ ÐßëËßßßëÝ ë~ ÌßàÀ
Ðß¼ßßËßëÍß²ß ~ß ~ß¾ßÃ à~¾ßß Ñì. ß²±ßÆ µßÆ§ëÍß ~ã Àß¾ß Ð£ßÀã¾ß ¹ßìÝ~ÐßÃ Ðßà¼ßà£ß °ßÀß ßÆßÑ~ ÐßëËßß µßÀ à±ß~ ¶~íë~Ðß ÊßÉß£ßë Ñä µß²ßë ²ßëÖËßÃ~ ËßÞ ßÆßÑ~
ÎÇßã~ß~Éßä¼ß àÌßÉßë ~íë 100% àËß££ßã¾ß Ðß¼ßßËßëÍß²ß àÌßÉßß ë~ Âµß ¼ßëÝ ³ßíëàÏß£ß à~¾ßß ß¾ßß ß±ßßÀ Ðßä§èÜ ~À²ßë ~ß Àß§ß ÀÛß£ßß Ñì. µß²ßã §æÀ§èàÏÖ ë~ ²ßäÂµß ÉßßÛßíëÝ
Ñì. µß¢ß±ßßàÀ¾ßíëÝ ~ã µßÆ£¾ßßÍßßßëÝ ~íë µßæÀß ~À²ßë ë~ àÉß Ðß¼ßßÆ à²ßÏµßß§²ß ë~ àÉß
7.ËßÏßÃ 2009-10 ~ã ÐßÞºßßËß²ßßïÞ µßÆíì®íëàß~ã ¼ßëÝ £ßëÌßã Éßß²ßë ~ã µßÆàÆ~¾ßß à²ßÀÞ£ßÀ ÌßßÀã ÀÛßëßß. ¾ßÑ ß²ßë ËßßÉßë
ËßÐßÀíëÝ ~ã £ßß~ ¼ßëÝ ÀÑëßß ßìÀ ²ÑëÝ ËßßÐ£ßàËß~£ßß ¼ßëÝ ¹ß§Éßëßß. ¹ßì~ µß²ßë
7.1 ¼ßßßÃ²ß ÐÖë²ßÉßã, Ðß ÞÊ µßã, Êã¹ßã, àËßÍËß ¹ßìÝ~, µßÆ±ßß²ß ¼ßÞ¥ßã ~ã ßà¦ßÃ~
µßÆà£ßÐµßà±ßÃ¾ßíëÝ Ðßë ½ßä²ßßì£ßã, ÐßëËßß ~ã ½ß ~íëàÖ ~ß Ð£ßÀ ¹ß²ßß¾ßë ÀÛß²ßë ~ã
ÐßÉßßÑ~ßÀ Ðßà¼ßà£ß ËßÞ ºßßàÀ¹ßìÝ~ ²ßë àËß££ßã¾ß ËßÏßÃ 2009-10 ë~ àÉß
½ßä²ßíì£ßã ÌßìÐßã ½ßä²ßíìà£ß¾ßíëÝÞ Ðßë Ëßß£ß Ñì ßìÀ Ðß µßÆ~ßÀ ~ã ½ßä²ßíìà£ß¾ßíëÝ ~ß
ÌßãÊãµßã Ëßèà« ~ß ²ßä¼ßß²ß Éßßß¾ßß Ñì Ìßíë 3.5% Ðßë 7.5% ë~ ¹ßã½ß Ñì.
Ðßß¼ß²ßß ~À²ßë Ñë£ßä Ðß¼ßäà½ß£ß ~§¼ß ×ß£ßß ÀÑëßß.
7.2 ßÉßë §íë ËßÏßÃ ~¼ß ÌßãÊãµßã ËßÞ ~¢ß ë~ àÉß ¼ßßÞß ~ã ~¼ßã ¹ßìÝâ~ß ®íëß
ë~ àÉß ½ßä²ßíì£ßã ¹ß²ßã ÀÑëßã. Ðßë~ à£ßàÀ¬£ß ¹ßì~ ¼ßëÝ ½ß Éßßß£ß ë~ Ðßß¦ß
8. ËßÏßÃ ë~ §íìÀß²ß ¹ßíëÊÃ ¼ßëÝ µßàÀËß£ßÃ²ß
§ë¾ß£ßßïÞ ÑìÝ. àßÀ£ßã ÌßãÊãµßã ñ~ã ËßÌßÑ Ðßë ~¢ß ~ã Ëßèà« ¼ßëÝ ~¼ßã Ðßë µßÆßâÐßß l ÎÇßã ßÀ.Ðß.ÀëÊòÊã ²ßë 02.08.2008 Ðßë ±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍß~
µßßËßÀ ¼ßëÝ ~¼ßã Ñíë²ßë ~ßÀ¢ß ¹ßìÝ~íëÝ~ ë~ à²ßËßÉß ¹¾ßßÌß ß¾ß µßÀ µßÆºßßËß µßÊ ~ß ~ß¾ßÃºßßÀ ßÆÑ¢ß à~¾ßß
Ðß~£ßß Ñì. àßÀ£ßã ³ßÀëÉßæ ËßÞ Þ£ßÀßÃÏÖÅã¾ß ¼ßßÞß ~ßµßíëÃÀëÖ ²ß~§ã µßÆËßßÑ ßìÀ l ÎÇßã à²ßÉß àßÀíë¥ßß ²ßë 17.05.2008 Ðßë ~ß¾ßÃµßßÉß~ à²ß§ëÍß~ ë~ Âµß
~¢ß £µßß§íëÝ ë~ ¼ßæÉ¾ß µßÀ ÐßÀ ÊßÉß Ðß~£ßß Ñì. ¼ßÞ§ã ßìÀ ºßã ßÑÀã ßìÀ ¼ßëÝ ~ß¾ßÃºßßÀ ßÆÑ¢ß à~¾ßß
ÉßÞ¹ßã Ñíë²ßë ë~ ~ßÀ¢ß ¹ßìÝ~íëÝ ~ã ßàÐ£ß ßä¢ßËß££ßß µßÀ àËßÍßëÏß~À Öë¬ÐßÖßÉß,
½ßÉß ÐßÞµß§ß, ÑãÀë ÌßËßßÑÀß£ß, ßÖíë ²ßäÏßÞßã £¾ßßà§ µßÀ àËßÍßëÏß ~À l ÎÇßã¼ß£ßã ¼ß±ßäàÉß~ß µßã. Ðßää~Éß 13.01.2009 Ðßë ºßßÀ£ß ÐßÀ~ßÀ ë~
ßä¢ßËß££ßß µßÀ µßÆºßßËß µßÊ Ðß~£ßß Ñì. ²ßßà¼ß£ßã à²ß§ëÍß~ ë~ Âµß ¼ßëÝ à²ß¾ßä¬£ß ~ã ß¨Ã.
7.3 àËß££ßã¾ß ËßÏßÃ 2008-09 ~ß ÀßÌß~íëÏßã¾ß ³ßßÖß (ëÝ~§Æã¾ß) ÌßãÊãµßã ~ß 6% l ÎÇßã Ëßã.½ß.Àß¼ßè~Ï¢ß²ß, ÎÇßã µßÆë¼ß µßÆ~ßÍß µßßÀã~, ÎÇßã ë~. À³ßäÀß¼ß²ß
14.03.2009 Ðßë ëÝ~§Æ ÐßÀ~ßÀ Ðßë àºß²²ß Íßë¾ßÀ±ßßÀ~íëÝ ¼ßëÝ Ðßë à²ß§ëÍß~
Ñì. àËßÍËß Ë¾ßßµßã ¼ßÞ§ã, ÀßÌßÐËß ¼ßÞ§ã, ËßÞ ¦ßÃË¾ßËßÐ¦ßß ë~ µßä²ßÁ«ßÀ ë~ àÉß
ë~ Âµß ¼ßëÝ ½ßä²ßë ß¾ßë.
àÐÖ¼ßäÉßÐß µßìë~ÌßíëÝ ~ã ³ßíëÏß¢ßß ~ã ß¨Ã. àËß££ßã¾ß ËßÏßÃ 2009-10 ë~ Þ£ßàÀ¼ß
38
6. Corporate Social Responsibility loan products may impact Net Interest Income (NII) of
Being an integral part of society, Bank is aware of its corporate the Banks. The falling domestic and international
social responsibilities and has engaged in community and demand may put pressure on corporate cash flows and
social investments. During the year, Bank has taken many debt repayment capacities. With the slowdown likely to
initiatives with the objective of providing philanthropic deepen and become prolonged, asset quality of Banks,
assistance for development, education etc. Under the aegis particularly in sectors like Textile, Real Estate, Gems
of Andhra Bank Rural Development Trust, Bank is imparting and Jewellery, Auto ancillaries etc., may get affected.
training to youth in rural and semi-urban areas so that the 7.3. The FY 2008-09 fiscal deficit (central) is estimated to
poor people can take up self-employment ventures. The Bank be at 6% of GDP. The slippage can be attributed to the
also conducts various vocational and Human resource global crisis, slowdown in revenues and fiscal
development training programmes. stimulus packages announced for revival of economic
In a move towards encouraging higher studies, Bank has set growth. The interim budget for FY 2009-10 has projected
up Andhra Bank School of Business in the campus of Andhra a fiscal deficit of Rs 3,32,800 crore (5.5% of GDP). The
University, Visakhapatnam (A.P.) and sponsored the cost of government has projected gross borrowings of
setting-up this school. The Bank along with Government of Rs.3,61,700 crore in FY 2009-10.
Andhra Pradesh, NABARD and other select Banks sponsored 7.4. WPI inflation after touching a high of 12.91% on 2nd
the Andhra Pradesh Bankers Institute of Entrepreneurship August 08 cooled off and fell to the level of 0.18% on
Development, which offers training to unemployed youth for 4thApril '09. Many analysts are projecting it to be in
improving their skills. This is located in Hyderabad. The Bank negative territory by June '09. However, the CPI is still
is also making donations to charitable trusts and other hovering in 9-10% range as primary articles price is yet
institutions engaged in the upliftment of the society. During to show moderation. With WPI inflation having
2008-'09, an amount of Rs.1.20 crore was donated to nine moderated significantly, consumer price inflation may
such trusts/institutions. also be expected to decline, though with a lag.
Financial inclusion is yet another focus area of the Bank. 7.5. Banks with domestic presence have also migrated to
The Bank has no-frills savings Bank account facility for the Basel II approach of capital adequacy from March '09.
unbanked population, where minimum balance requirement Many Banks are left with very little headroom to raise
is only Rs.5. The Bank launched a scheme for achieving 100% capital to support their credit portfolio growth. Keeping
Financial inclusion by providing no-frills Savings Bank this in view, the government has announced its intent to
accounts in Srikakulam district of Andhra Pradesh and help government Banks through injection of Rs.20,000
Ganjam district in Orissa State. Srikakulam district has been crore capital in next two years to maintain the overall
declared as 100% financially included by the State Level capital adequacy ratio of 12%. Nevertheless, Tier I
Bankers Committee (SLBC) of Andhra Pradesh. capital, which most Banks are maintaining at 8.5%,
would erode in view of lack of internal capital generation
in the light of pressure on their profitability. Raising
Capital to support business growth to meet Basel II
requirements would be a big challenge for Indian Banks
in coming years.
Going forward, Andhra Bank looks towards
strengthening its network and customer base while
focusing on further enhancement in the customer service
through innovative products and services. True to its
vision, the Bank will continue to leverage technology for
an all-round performance, in order to meet the
expectations of millions of its stakeholders. It will be in
look out for the opportunities that come its way and will
translate them into realities. The Bank is also aware of
the challenges from its competitors, markets and the
challenge of maintaining the highest standards of service
Ñ¼ßßÀë ¹ßìÝ~ ²ßë à¹ßÑßÀ Àß¾ß ~ã ¹ßßÜ µßãàÊ£ß ÀßÑ£ß ~íëÏß ¼ßëÝ Á.50.00 ÉßßÛß ~ã and would continue to take appropriate steps from time
ÀßàÍß §ß²ß §ã. to time for meeting such challenges.
Our Bank has donated an amount of Rs. 50.00 lacs to Flood
victims relief fund in Bihar State 8. CHANGES IN THE BOARD DURING THE YEAR
l Sri R.S. Reddy took over as the Chairman and
7. Outlook for 2009-10 Managing Director w.e.f. 2.8.08
7.1. Various agencies have estimated the GDP growth for l Sri Anil Girotra has assumed charge as the Executive
FY 2009-10, such as Morgan Stanley, S&P, ADB, World Director of the Bank w.e.f. 17.05.08.
Bank, EAC to PM and RBI which ranges from 3.5%
l Smt. Madhulika P. Sukul, appointed as Govt. of India
to 7.5% .
Nominee Director w.e.f. 13.1.09
7.2. The lower GDP and slowdown in demand for credit
l Sri V.H. Ramakrishnan, Sri Prem Prakash Pareek and
would remain a challenge for the Banking Industry for
Sri K. Raghuraman are elected as Directors from
next couple of years. Besides, Banks are still having
amongst the shareholders other than the Central
liabilities with high costs. With the loan growth expected
Government w.e.f. 14.3.09.
to slow amidst falling GDP, a decline in the pricing of
39
l ÎÇßã Íßì¹ßßÉß ßäµ£ßß 04.04.2008 Ðßë à²ß§ëÍß~ ë~ Âµß ¼ßëÝ à²ß¾ßä¬£ß à~¾ßë ~ß ßìÀ ËßÏßÃ 31 ¼ßß½ßÃ 2009 àËß££ßã¾ß ËßÏßÃ ë~ àÉß ¹ßìÝ~ ë~ Éßßºß ËßÞ Ñßà²ß
ß¾ßë ÉßëÛßß ~ß ÐßÑã à½ß¥ß §ÍßßÃ ÐßëÝ~
l ÎÇßã ÀßÌßã¹ß ÍßëÛßÀ ÐßßÑæ 14.07.2008 Ðßë à²ß§ëÍß~ ë~ Âµß ¼ßëÝ l ¹ßì~ ~ã ßàÐ£ß¾ßíëÝ ~ã Àßß ë~ àÉß Þ~µß²ßã (ÐßÞÍßíë±ß²ß) à±ßà²ß¾ß¼ß 2000 ë~
à²ß¾ßä¬£ß à~¾ßë ß¾ßë. µßÆßËß±ßß²ßíëÝ ë~ ²ßäÐßßÀ ËßÞ ±ßíëÛßß±ßÊã ËßÞ à²ß¾ßà¼ß£ß£ßß ~ß µß£ßß Éßßß²ßë ë~ àÉß
9. à²ß§ëÍß~ ££ßÀ§ßà¾ß£Ëß àËßËßÀ¢ß µß¾ßßÃµ£ß ÉßëÛßß Àë~ßÊÃ ë~ à²ßËßÃÑ¢ß ë~ àÉß à½ß£ß ËßÞ µß¾ßßÃµ£ß ±¾ßß²ß ÀÛßß ß¾ßß Ñì.
à²ß§ëÍß~ ¼ßÞÊÉß £ß§ò°ßÀß ÉÉßëÛß ~À£ßë ÑìÝ à~: l à²ßÀÞ£ßÀ ß±ßßÀ µßÀ ËßßàÏßÃ~ Ûßß£ßë £ßì¾ßßÀ à~¾ßë ß¾ßë ÑìÝ.
l ËßßàÏßÃ~ ÉßëÛßíëÝ ~ã £ßì¾ßßÀã ¼ßëÝ Éßßßæ ¼ßß²ß~ Ð£ßÀ ~ß µßßÉß²ß à~¾ßß ß¾ßß Ñì ßìÀ 10. ßºßßÀ µßÆ§ÍßÃ²ß
¼ßÑ£Ëßµßæ¢ßÃ àËß½ßÉß²ß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ à½ß£ß ÐµßÏÖã~À¢ß à~¾ßë ß¾ßë ÑìÝ.
ß²±ßÆß ¹ßìÝ~, ºßßÀ£ß ÐßÀª~ßÀ, ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÞª~, Ðßë¹ßã £ß¦ßß ²¾ß µßÆßà±ß~ßÀã/
l ÉßëÛßß ²ßãà£ß¾ßíïÞ ½ß¾ß²ß ~ã ß¾ßã ÑìÝ ßìÀ ÐßäÐßÞß£ß Âµß Ðßë ËßÞ à½ß£ß Âµß Ðßë ~ã ß¾ßã ÌßëÝàÐß¾ßíë, àËß££ßã¾ß ÐßÞÐ¦ßß²ßíëÝ ËßÞ ~ÀëÐµßßÞÊëÝÖ ¹ßìÝ~íëÝ ë~ ²ßë~ ¼ßæÉ¾ß Ðß¼ß¦ßÃ²ß ËßÞ
ÑìÝ ËßÞ àËßËßë~µßæ¢ßÃ µßàÀ¢ßß¼ß ËßÞ ²ßä¼ßß²ß à~¾ßë ß¾ßë ÑìÝ £ßßà~ ¹ßì~ ë~ ~ß¼ß~ßÌß ¼ßßßÃ§ÍßÃ²ß ë~ àÉß ±ß²¾ßËßß§ §ë£ßß Ñì. à²ß§ëÍßª~ ¼ßÞÊÉß Ðßºßã ª~¼ßÃ½ßßàÀ¾ßßëÞ ª~ã à²ßÏ×ßµßæ¢ßÃ
ÐßëËßß ©ËßÞ à°£ßã¾ß µßëÍßëËßÀ ©ËßÞ Ëßèà« ©ËßÞ ÉßßºßµßÆ§£ßß ¹ß²ßß¾ßë ÀÛß²ßë ªë~ àÉß© ¹ßìÞª~ ªë~
µßÆ¾ß£²ß ¼ßëÞ µßÆà£ß¹ß«£ßß ªë~ àÉß© ºßæàÀ ºßæàÀ µßÆÍßÞÐßß ª~À£ßß Ñì. Þà£ß¼ß Âµß Ðßë à²ß§ëÍßª~
¼ßÞÊÉß Ðßºßã ßÆßÑª~ ©ËßÞ µß¢ß±ßßàÀ¾ßßëÞ ª~ßë Ñßà§Ã~ ±ß²¾ßËßß§ §ë£ßß Ñì
ªè~£ßë à²ß§ëÍßª~ ¼ßÞÊÉß ª~ã ßëÀ Ðßë,
Ð¦ßß²ß : Ñì§Àß¹ßß§ (ßÀ.Ðß.ÀëÊÊò ã)

à§²ßßÞª~ : ¼ß¨Ã 8, 2009 ±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~
Ñ¼ßßÀë ¹ßìÝ~ ²ßë Öã¨Ã¹ßã¼ß àÍßµß¾ßßÊÃ àÉß. ~íë ÌßÑßÌß à²ß¼ßßÃ¢ß ~ß¾ßíëÄ ë~ àÉß àËß££ßµßíëàÏß£ß à~¾ßß.
Our Bank financed to TEBMA Shipyards Ltd. for ship building activity
40
l Sri Shaibal Gupta, appointed as Director w.e.f. accordance with the provisions of the Companies
4.04.08 (Amendment) Act, 2000, for safeguarding the assets of
the Bank and for preventing and detecting fraud and other
l Sri Rajib Sekhar Sahoo, appointed as Director
irregularities.
w.e.f. 14.7.08
l The annual accounts have been prepared on a going
9. DIRECTORS RESPONSIBILITY STATEMENT
concern basis.
The Board of Directors hereby states that:
10. ACKNOWLEDGEMENT
l The applicable accounting standards have been followed
Andhra Bank is grateful to the Government of India, RBI,
in the preparation of the annual accounts and proper
SEBI and other authorities/agencies, Financial Institutions
explanations have been furnished, relating to material
and Correspondent Banks for their valuable support and
departures.
guidance. The Directors also express their deep sense of
l Accounting policies have been selected, and applied appreciation to all the staff members of the Bank for their
consistently and reasonably, and prudent judgments and dedicated service, outstanding professionalism and
estimates have been made so as to give a true and fair commitment towards Banks vision for a sustainable growth.
view of the state of affairs of the Bank and of the Profit & Finally, the Directors wish to sincerely thank all the customers,
Loss of the Bank for the financial year ended 31 Mar 09. shareholders and other stakeholders for their valuable
l Proper and sufficient care has been taken for the support.
maintenance of adequate accounting records, in
For and on behalf of the Board,
Place: Hyderabad ( R.S. Reddy )

Date: May 8, '09 Chairman & Managing Director
Ñ¼ßßÀë ¹ßìÝ~ ²ßë ºßßÀ£ßã àÍßµß¾ßßÊÃ àÉß. ~íë ÌßÑßÌß à²ß¼ßßÃ¢ß ~ß¾ßíëÄ ë~ àÉß àËß££ßµßíëàÏß£ß à~¾ßß.
Our Bank financed to Bharati Shipyard for ship building activity
41
µßàÀÍßíëà±ß£ß µßæïÌßã µß¾ßßÃµ£ß£ßß ¶Æë~¼ßËßÃ~ ë~ ²ßäÐßßÀ ¹ßëÐßÉß -II (àµßÉßÀ 3) ë~ Þ£ßßÃ£ß µßÆ~Öã~À¢ß :
Ðß àÀµßíëÖÃ ¼ßëÝ µßÆ~Öã~À¢ß ß²±ßÆß ¹ßìÝ~ (~Éß) Ðßë ÐßÞ¹ßÞà±ß£ß Ñì. ¹ßìÝ~ ~ß ÌßíëàÛß¼ß ß±ßßàÀ£ß ßàÐ£ß¾ßíëÝ ~ß ²ßäµßß£ß (Ðßã ßÀ ßÀ) ~íë µßæïÌßã ~íë Ñã §ÍßßÃ¾ßß ß¾ßß
Ñì.
1. µßÆ¾ßíëß ~ã ßäÞÌßßÍß
1.1 ß²±ßÆß ¹ßìÝ~ ~ß ~ Ñã ²ßäÏßÞßã Ñì,¾ßß²ßã, ß²±ßÆß ¹ßìÝ~ ¶~ß²ßàÍß¾ßÉß²ß ÐßËßãÃÐßëÌß àÉßà¼ßÖëÊ (¹ßã¶~ÐßÉß). ËßßÐ£ßËß ¼ßëÝ ¹ßã¶~ÐßÉß ¼ßÑ£Ëßµßæ¢ßÃ àËß££ßã¾ß
~ßÀíë¹ßßÀ ²ßÑãÝ ~À ÀÑß Ñì. Á.5.00 ~ÀíëÊ ~ã ä~Éß Íßë¾ßÀ µßæïÌßã (100%) ß²±ßÆß ¹ßìÝ~ ²ßë ÞÍß§ß²ß à~¾ßß Ñì.
1.2 ¹ßìÝ~ ~ã à²ß¼²ß ÐßÑ¾ßíëßã ÐßÞÐ¦ßß¾ßëÝ ÑìÝ, àÌß²ß ë~ àÉß ¹ßìÝ~ ²ßë 35% ÞÍß§ß²ß à~¾ßß Ñì.
Æ~.ÐßÞÛ¾ßß ÐßÞÐ¦ßß ~ß ²ßß¼ß à²ßßà¼ß£ß §ëÍß ÐËßßà¼ß£Ëß ß²ßäµßßà£ß~ µßÆà£ßÍß£ß
1 ½ßì£ß²¾ß ßíë§ßËßÀã ßÆß¼ßã¢ß ¹ßìÝ~ ºßßÀ£ß 35.00
2 ~àÏßä~É¾ßß ßÆß¼ßã¢ß ¹ßìÞ~ ºßßÀ£ß 35.00
1.3. ½ßæïà~ ¹ßã¶~ÐßÉß ~íë ÐßÞà½ß£ß ¹ß~ß¾ßß Ñßà²ß¾ßíï ÑìÝ, ¹ßìÝ~ ²ßë µßÑÉßë Ñã Á.5.00 ~ÀíëÊ à²ßËßëÍß ë~ Âµß ¼ßëÝ ²ßäÏßÞßã ¼ßëÝ µßÆßËß±ßßà²ß£ß à~¾ßß Ñì. (ä~Éß à²ßËßëÍß
Á.5.00 ~ÀíëÊ ÑìÝ).
1.4. ¼ß§ ÐßÞÛ¾ßß 1.2 ¼ßëÝ àÉÉßàÛß£ß ²¾ß §íë ²ßäÏßÞàß¾ßíï Éßßºß ÌßÃ²ß ~À ÀÑë ÑìÞ, ²ßë~ ÐßÞ§ºßÃ ¼ßëÝ µßæïÌßã µß¾ßßÃµ£ß£ßß ²ßÑãÝ ÑìÝ.
2.0 µßæïÌßã ÐßÞÀ½ß²ßß
2.1 ¹ßìÝ~ ~ã Öß¾ßÀ- I µßæïÌßã ¼ßëÝ ¨Ãà¬ËßÖã Íßë¾ßÀ, ßÀßà£ß¾ßíï ßìÀ ²ßËßíë²¼ßëÏßã Ð¦ßß¾ßã ¹ßíïÊ Íßßà¼ßÉß ÑìÝ.
2.2 ËßÏßÃ 2008-09 ë~ §íìÀß²ß ¹ßìÝ~ ²ßë ²ßËßíë²¼ßëÏßã Ð¦ßß¾ßã ¹ßíïÊ (Öß¾ßÀ- I µßæïÌßã) £ß¦ßß ²¾ß ¹ßíïÊ ÌßßÀã à~¾ßß Ñì Ìßíë Öß¾ßÀ - II ¼ßëÝ Íßßà¼ßÉß ~À²ßë ë~ àÉß µßß¥ß
ÑìÝ. ¹ßíïÊíëÝ ë~ ä~¿ ¼ßÑ£Ëßµßæ¢ßÃ Íß£ßëÄ à²ß¼²ß µßÆ~ßÀ ÑìÝ.
²ßßÀàß£ß µßÆà£ß§ë¾ß µßàÀËß£ßÃ²ßã¾ß ßíì¢ß Öß¾ßÀ - II ¹ßíïÊ VII à²ßßÃ¼ß (Ìßã ÐßãÀãÌß)
ß¹ßÞÖ²ß ~ã ¹ßíïÊ ÀßàÍß ~æµß²ß §À Ëßà±ß ~íïÉß µßäÖ
à£ßà¦ß (Á.~ÀíëÊ ¼ßëÝ) ßµÍß²ß* ßµÍß²ß
10.09.2008 600.00 11.00 120 ¼ßÑã²ßë ä~¿ ²ßÑãÝ ä~¿ ²ßÑãÝ
* ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ ¼ßß²ß§ÞÊíëÝ ë~ ²ßäÐßßÀ
µßÆß²ë ßíëÖ ë~ Âµß ¼ßëÝ ²ßßÀàß£ß ßìÀ ÐßÞ½ß¾ßã ßíì¢ß Ð¦ßß¾ßã ¹ßíïÊ (²ßËßíë²¼ßëÏßã Ð¦ßß¾ßã ~¢ß-Öß¾ßÀ I µßæÌï ßã)
31.12.2008 200.00 9.50 Ð¦ßß¾ßã §Ðß ËßÏßíëÄ ë~ ¹ßß§ ä~¿ ²ßÑãÝ
* ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ ²ßä¼ßíë§²ß ë~ ±ßã²ß
¹ßíïÊ ~ã ÌßßÀã ~ã à£ßà¦ß ë~ 10 ËßëÝ ËßÏßÃ ë~ ¹ßß§ Ðßë 0.5% ~ã §À Ðßë ÐÖëµß µß ßµÍß²ß Ñì.
µßÆà£ßºßæ£ß µßÆà£ß§ë¾ß µßàÀËß£ßÃ²ßã¾ß (µµßÀ Öß¾ßÀ II) ¹ßíïÊ µßÆíë²ßíëÖ ~ã µßÆè~à£ß ë~ ÑìÝ.
25.03.2009 200.00 9.30 180 ¼ßÑã²ßë §Ðß ËßÏßÃ ¹ßß§ ä~¿ ²ßÑãÝ
* ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ ²ßä¼ßíë§²ß ë~ ±ßã²ß
~ßîÉß ßµÍß²ß ë~ ²£ß ¼ßëÝ 0.5% ~ß ÐÖëµß µß ßµÍß²ß Ñì, ¾ßß²ßã ¹ßíïÊ ~ã ÌßßÀã ~À²ßë ~ã £ßßÀãÛß Ðßë 10 ËßÏßÃ ¾ßà§ ~íîÉß ßµÍß²ß ~ß µß¾ßíëß ²ß à~¾ßß ß¾ßß Ñíë.
3.µßæïÌßã µß¾ßßÃµ£ß£ßß
3.1 ßä¢ßß£¼ß~ µßÆ~Öã~À¢ß
¹ßëÐßÉß II ¶Æë~¼ßËßÃ~ ë~ ²ßäÐßßÀ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ²ßä¹ß«íëÝ ~ß ~ß¾ßßÃ²Ëß¾ß²ß ~À£ßë Ðß¼ß¾ß ¹ßìÝ~ ²ßë àËßÍËß ë~ ££ß¼ß µßÀÞµßÀßßëÝ ~íë µß²ßß¾ßß Ñì. ¹ßëÐßÉß II Ðßë ÐßÞ¹ßÞà±ß£ß
àËßàºß²²ß ¼ßß¼ßÉßíëÝ ~íë ¹ß£ßß²ßë ë~ àÉß Ë¾ßßµß~ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ÜßÞ½ßß Ñì. ¹ßìÝ~ ~ã µßæïÌßã ßËßÍ¾ß~£ßß ~ß ßËßà±ß~ ¼ßæÉ¾ßíÞ~²ß ë~ àÉß ÍßãÏßÃ ~ß¾ßÃµßßÉß~íëÝ ~ã Þ£ßàÀ¼ß
42
Disclosure under Basel II (Pillar 3) in terms of Revised Capital Adequacy frame work
Disclosure in this report pertain to Andhra Bank (Solo). The Capital to Risk Weighted Assets Ratio (CRAR) of the Bank on
stand alone basis is shown.
1. Scope of application
1.1 Andhra Bank has the only one Subsidiary i.e., Andhra Bank financial Services Ltd (ABFSL). Infact, ABFSL is not
carrying any significant financial activity. The total Share Capital (100%) of Rs. 5.00 crore is contributed by Andhra
Bank only.
1.2 Bank has the following associates where in the bank has contributed 35% of the share capital.
S.No. Name of the entity Country of Incorporation Proportion of ownership

percentage
1 Chaitanya Godavari Grameena Bank India 35.00
2 Rushikulya Grameena Bank India 35.00
1.3. As the ABFSL has outstanding accumulated losses, bank has already fully provided Rs.5.00 crore (Total Investment
of Rs. 5.00 Cr) towards its investment in the subsidiary.
1.4. The other two Associates as mentioned in point No.1.2 are making profits and there is no capital deficiency.
2.0 Capital Structure.
2.1 Banks Tier I Capital comprises of equity shares, Reserves and Innovative Perpetual Bonds.
2.2 Bank has issued Innovative Perpetual Bonds (Tier I Capital) and also other Bonds eligible for inclusion in Tier II
Capital during the financial year 2008-09. Some of the important terms of the Bonds are as under.
Unsecured Redeemable Non-Convertible Subordinated Tier II Bonds VII issue (Series G)
Date of Bond amount Coupon Rate Tenor Call Option* Put Option
allotment (Rs. in crore)
10.09.2008 600.00 11.00 120 months None None
* Subject to RBI norms.
Unsecured Non Cumulative Subordinated Perpetual Bonds (Innovative Perpetual Debt- Tier I Capital) in the nature
of Promissory Notes.
31.12.2008 200.00 9.50 Perpetual After 10 years None
* Subject to RBI approval.
Step up option of 0.5% at the end of call option i.e., 10th year from the date of issue of the Bond.
Unsecured Redeemable Non- convertible (Upper Tier II) Bonds in the nature of Promissory Notes.
25.03.2009 200.00 9.30 180 months After 10 years None
* Subject to RBI approval.

Step up option of 0.5% at the end of call option i.e., 10th year from the date of issue of the Bond in case the call option is not
exercised
3. CAPITAL ADEQUACY
3.1 Qualitative disclosures:
Bank is geared up to adopt global best practices while implementing risk management stipulations that are in conformity with
the Basel II framework. Comprehensive risk management architecture is in place to address various issues concerning
43
µßæïÌßã µß¾ßßÃµ£ß£ßß à²ß±ßßÃÀ¢ß (ß¨ÃÐßãµßã) Ðßà¼ßà£ß ~ß ß×²ß à~¾ßß ß¾ßß Ñì. Ðß Ðßà¼ßà£ß ~ß ß×²ß ¹ßìÝ~ ~ã µßæïÌßã ßËßÍ¾ß~£ßßßëÝ ~ß ¼ßßà²ßÖÀ ËßÞ à²ß±ßßÃÀ¢ß ~À²ßë
ë~ àÉß ËßÞ ÌßíëàÛß¼ß ß±ßßàÀ£ß ßàÐ£ß, ¹ßßÌßßÀ ÌßíëàÛß¼ß ËßÞ µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß ~íë §èàÏÖ ¼ßëÝ ÀÛß~À à~¾ßß ß¾ßß Ñì.
Ðßà¼ßà£ß à²ß¾ßà¼ß£ß Âµß Ðßë ¹ßì×~ ¹ßäÉßß£ßã Ñì ËßÞ µßæïÌßã ~ã à±ß~£ß¼ß µß¾ßíëß ~À²ßë ë~ àÉß àËßà±ßËß£ßò àÐß²ßßàÀ¾ßíë µßÀ µßÆ~ßÍß ÊßÉß£ßë Ñä, µßæïÌßã Ðßë ÐßÞ¹ßÞà±ß£ß ¼ßß¼ßÉßíëÝ
µßÀ à²ß¢ßÃ¾ß Éßë£ßã Ñì.
3.2 µßàÀ¼ßß¢ßß£¼ß~ µßÆ~Öã~À¢ß: (Áµß¾ßë ~ÀíëÊíëÝ ¼ßëÝ)
¼ß§ ÀßàÍß
(~) ~¢ß ÌßíëàÛß¼ß ë~ àÉß µßæïÌßã ßËßÍ¾ß~£ßßÞ
¼ßß²ß~ãè~£ß §èàÏÖ~íë¢ß ë~ ±ßã²ß µßíëÖÃ¶~íëàÉß¾ßíë 3305.26
µßÆà£ßºßæ£ßã~À¢ß ¬ÐßµßíëÌßÀ ä~¿ ²ßÑãÝ
(Ûß) ¹ßßÌßßÀ ÌßßàÛß¼ß ë~ àÉß µßæïÌßã ßËßÍ¾ß~£ßßÞ
- ¼ßß²ß~ãè~£ß Ëßà±ß §èàÏÖ~íë¢ß
§ ¹¾ßßÌß §À ÌßíëàÛß¼ß 151.17
§ àËß§ëÍßã ¼ßä§Æß ÌßíëàÛß¼ß (Ðßíë²ßß ÐßàÑ£ß) ä~¿ ²ßÑãÝ
§ ¨Ãà¬ËßÖã àÐ¦ßà£ß ÌßíëàÛß¼ß 59.33
(ß) µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß ~ã µßæïÌßã ßËßÍ¾ß~£ßßÞ
- ¼ßæÉß Ðßæ½ß~ §èàÏÖ~íë¢ß 272.00
(³ß) ¹ßìÝ~ ë~ àÉß ~äÉß ËßÞ Öß¾ßÀ I Ðßã ßÀ ßÀ (¹ßëÐßÉß II ë~ ²ßäÐßßÀ)
§ ä~Éß Ðßã ßÀ ßÀ (%) 13.22
§ Öß¾ßÀ I Ðßã ßÀ ßÀ (%) 8.67
(´) ¼ßÑ£Ëßµßæ¢ßÃ ²ßäÏßÞßã ë~ àÉß ä~Éß ËßÞ Öß¾ßÀ I Ðßã ßÀ ßÀ Ìßíë Ðß¼ßëà~£ß ßÆæµß ¼ßëÝ ²ßÑãÝ Ñì
§ ä~Éß Ðßã ßÀ ßÀ (%) ä~¿ ²ßÑãÝ
§ Öß¾ßÀ I Ðßã ßÀ ßÀ (%) ä~¿ ²ßÑãÝ
4. ~¢ß ÌßíëàÛß¼ß, Ðßß¼ßß²¾ß µßÆ~Öã~À¢ß
4.1. ~¢ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ²ßãà£ß
§ ¹ßìÝ~ ¼ßëÝ ~¢ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ²ßãà£ß Éßßßæ Ñì. Ðß¼ß¾ß Ðß¼ß¾ß µßÀ Ðß~ã Ðß¼ßãßß ~ã Ìßß£ßã Ñì. ß£ß ËßÏßíëÄ Ðßë àËß~àÐß£ß ~ß¾ßÃßë¥ß ßìÀ ËßßÐ£ßàËß~ ²ßäºßËß
µßàÀ¢ßß¼ß ÐËßÂµß ÐßÐßë ÐßÞ¹ßÞà±ß£ß ²ßãà£ß ßìÀ µß«à£ß¾ßíëÝ ~íë µßàÀ¼ßßÌßÃ²ß à~¾ßß Ìßß ÀÑß Ñì. ²ßãà£ß ßìÀ µß«à£ß¾ßíëÝ ~íë ¹ßëÐßÉß II ¼ßëÝ ¹ß£ßß¾ßë ß¾ßë ¼ßßßÃ§ÍßãÃ Ðßæ¥ßíëÝ
ë~ ²ßäÂµß ÐßÞÀëàÛß£ß à~¾ßß ß¾ßß Ñì.
§ ~¢ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ¼ßëÝ ~¢ß ÌßíëàÛß¼ßíëÝ ë~ µßÑ½ßß²ß, ¼ßæÉ¾ßßÞ~²ß, ¼ßßµß, ²ßäËß£ßÃ²ß ßìÀ à²ß¾ßÞ¥ß¢ß Ðßà¼¼ßàÉß£ß ÑìÝ.
§ ß¾ßß¼ß ¼ßëÝ ¿ë àËßë~²§Æãè~£ß µßíëÖÃ¶~íëàÉß¾ßíë ~ã µßÆßàµ£ß ë~ àÉß ~¢ß ÌßíëàÛß¼ß ~ã ¼ßßµß ¼ßëÞ Ðßã¼ßßßëÝ ~ß Éß¾ß ÀÛß²ßßÝ Íßßà¼ßÉß Ñì, ÌßìÐßë Þ~µßà²ß¾ßíëÝ, ßÆæµß
Þ~µßà²ß¾ßíëÝ, ®íëß, ÐßÞµßßàÍÃËß~ µßÆ~ßÀ ËßÞ ºßíìßíëàÉß~, ßà§. ¿ë ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ËßÞ ~¢ß ÌßíëàÛß¼ß £ßãËßÆ£ßß Ðßë ¹ß½ß²ßë ë~ àÉß Ë¾ßà¬£ßß£ß Þ~µßà²ß¾ßíï, ßÆæµß
Þ~µßà²ß¾ßíï, ¹ßìÝ~, Ë¾ßà¬£ßß£ß ±ßßÀ~£ßßÃ, ßìÀ ÐßÀ~ßÀã ÐßÞÐ¦ßßÞ, ²ßßÌßä~ ßë¥ß, ÌßìÐßë µßæïÌßã ¹ßßÌßßÀ, Ð¦ßßËßÀ ÐßÞµß§ß (àÀ¾ßÉß ÐÖëÖ), ²ßßÌßä~ ËßÐ£ßäÞ, ßà§ ë~
ÐßÞ¹ßÞ±ß ¼ßëÝ àËßËßë~µßæ¢ßÃ ¬ÐßµßíëÌßÀ ¼ßß²ß§ÞÊíëÝ µßÀ ßÞ£ßàÀ~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ß µßÉß¹±ß Ñì.
4.2. ~¢ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ~ã àËßàËß±ß µßÑÉßäßëÝ, ÌßìÐßë ¼ßæÉ¾ßíÞ~²ß, ¼ßæÉ¾ß²ß, ~¢ß ²ßä¼ßíë§²ß µßÆßà±ß~ßÀã, µßÆÉßëÛß²ß, àÀµßíëàÖÄßÞ ËßÞ ¼ßßà²ßÖíëâÀß, ~¢ß ÐßäàËß±ßßßëÝ ~ã
Ðß¼ßãßß ËßÞ ²ßËßã~À¢ß, Ðß¼ßÐ¾ßß£¼ß~ ~¢ßíëÝ ~ß µßÆ¹ßÞ±ß²ß, ~¢ß à²ßßÀß²ßã, ßà§ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ¹ßìÝ~ ¼ßëÝ µßÆàÆ~¾ßßÞ ËßÞ à²ß¾ßÞ¥ß¢ß µßÉß¹±ß ÑìÝ.
4.3. ä~Éß Ðß~Éß ~¢ß ÌßíëàÛß¼ß Ðßã¼ßßÞ : (Áµß¾ßë ~ÀíëÊíëÝÞ ¼ßëÝ)
ÎÇíë¢ßã ÀßàÍß
à²ßà±ß ß±ßßàÀ£ß 44139.26
ßìÀ à²ßà±ß ß±ßßàÀ£ß 6676.31
44
Basel II. For periodic assessment of Capital needs of the Bank, an Internal Capital Adequacy Assessment (ICAAP) Committee
comprising of the top executives has been constituted, to monitor and assess the Capital requirement of the Bank, keeping
in view the anticipated growth in Risk Weighted Assets, Market Risk and Operational Risk.
The Committee meets regularly and decides on the capital related issues, with due focus on different options available for
capital augmentation and realignment of Capital structure duly undertaking the scenario analysis for capital optimization.
3.2 Quantitative disclosures: (Rs. in crore)
Items Amount
(a) Capital requirements for credit risk 3305.26
Portfolios subject to standardized approach NIL
Securitisation exposures
(b) Capital requirements for market risk
- Standardized duration approach
* Interest rate risk 151.17
Foreign exchange risk (including gold) NIL
Equity position risk 59.33
(c) Capital requirements for operational risk
- Basic indicator approach 272.00
(d) Total and Tier 1 CRAR for the Bank (As per Basel-II)
Total CRAR (%) 13.22
Tier 1 CRAR (%) 8.67
(e) Total and Tier I CRAR for the Significant Subsidiary
which is not under consolidated group
Total CRAR (%) NA
Tier 1 CRAR (%) NA
4. CREDIT RISK: GENERAL DISCLOSURES

4.1. Credit Risk Management Policy:
n The Bank has in place a Credit Risk Management Policy which is reviewed from time to time. Over the years, the
policy and procedures in this regard have been refined as a result of evolving concepts and actual experience.
The policy and procedures have been aligned to the approach laid down in Basel-II guidelines.
n Credit Risk Management encompasses identification, assessment, measurement, monitoring and control of the
credit exposures.
n The measurement of Credit Risk includes setting up exposure limits to achieve a well diversified portfolio across
dimensions such as companies, group companies, industries, collateral type, and geography. For better risk
management and avoidance of concentration of Credit Risks, internal guidelines on prudential exposure norms in
respect of individual companies, group companies, Banks, individual borrowers, non-corporate entities, sensitive
sectors such as capital market, real estate, sensitive commodities, etc., are in place.
4.2. The Bank has processes and controls in place in regard to various aspects of Credit Risk Management such as
appraisal, pricing, credit approval authority, documentation, reporting and monitoring, review and renewal of credit
facilities, managing of problem loans, credit monitoring etc.
4.3. The total Gross Credit Risk Exposures are: (Rs. in Crore)
Category Amount
Fund Based 44139.26
Non Fund Based 6676.31
45
4.4. ¹ßìÝ ~ ~ã àËß§ëÍßã ÍßßÛßßÞ ²ßÑãÝ Ñì.Ý £ßËß, ºßíìßíëàÉß~ ~¢ß ÌßíëàÛß¼ß ²ßÑãÝ §ã ß¾ßã Ñì.Ý
4.5. (i).31.03.09 ~íë ®íëßËßßÀ ßÞ£ßàÀ~ (à²ßà±ß~) ~¢ß ÌßíëàÛß¼ß Ðßã¼ßßÞ ßìÀ ~¢ß ÌßíëàÛß¼ß
(Áµß¾ßë ~ÀíëÊíëÝ ¼ßëÝÞ)
Æ~. ®íëß àµß¿Éßã àµß¿Éßã 31.03.2009 ~íë àµß¿Éßã à£ß¼ßßÑã,
ÐßÞÛ¾ßß à£ß¼ßßÑã ë~ à£ß¼ßßÑã ë~ ËßßÐ£ßàËß~ à²ßà±ß ¾ßß²ßã, 31.12.2008,
ä~Éß àßÆ¼ßßëÝ ä~Éß àßÆ¼ßßëÝ µßÀ ß±ßßàÀ£ß ¬ÐßµßíëÌßÀ ë~ ä~Éß àßÆ¼ßíëÝ
~ß % ë~ ÐßãâÉßß ÀßàÍß ~ß % ë~ Âµß ¼ßëÝë
Âµß ¼ßëÝë ÐßãâÉßß ¬ÐßµßíëÌßÀ
1 Öë¬ÐßÖßÉÌß 9.00 3782.43 1614.73 3.84
2 µßëÖÅíëàÉß¾ß¼ß £µßß§ 10.00 4202.70 2108.41 5.01
3 ÌßßÃ 20.00 8405.40 4048.68 9.63
4 ÞÌßãà²ß¾ßâÀß (ºßßÀã ßìÀ Éß³ßä) 5.00 2101.35 1138.37 2.71
5 ²ß ¹ßã ¶~ Ðßã 8.00 3362.16 3425.55 8.15
6 ÑãÀë ßìÀ ÌßËßßÑÀß£ß 5.00 2101.35 666.89 1.59
7 ±ßß²ß à¼ßÉß 6.00 2521.62 1118.07 2.66
8 ½ßã²ßã 5.00 2101.35 713.36 1.70
9 §Ëßß¾ßíï ßìÀ ¶~ß¼ßßÃÐ¾ßæàÖ~ÉÌß 5.00 2101.35 713.57 1.70
10 £ßÞ¹ßßæ~ 2.00 840.54 193.31 0.46
11 àÐß¼ßëÝÖ ßìÀ àÐß¼ßëÝÖ £µßß§ 2.00 840.54 411.26 0.99
12 àÊàÐÖÉßÀãÌß 1.00 420.27 15.54 0.04
13 ÉßíëëÑß ßìÀ ÐÖãÉß 8.50 3572.29 1991.89 4.74
14 à²ß¼ßßÃ¢ß ßìÀ ×ëë~§ßÀ 8.00 3362.16 1426.01 3.39
15 Ðßß¸ÖËßë¾ßÀ 1.50 630.40 27.33 0.06
16 ä~Éß àÀ¾ßÉß ÐÖëÖ 21.00 8825.67 5403.30 12.85
àÀ¾ßÉß ÐÖëÖ ~ã µß Ðßã¼ßßÞ
1. ßèÑ ~¢ß (àÌßÐß¼ßëÝ ³ßÀëÉßæ ¹ßÞ±ß~ ßìÀ
¼ß±¾ßËß£ßãÃ ßèÑ à²ß¼ßßÃ¢ß ÐßÞÐ¦ßßßëÝ ~íë à§¾ßë
ß¾ßë µßÆ£¾ßß àËß££ß ºßã Íßßà¼ßÉß Ñì.) 15.00 6304.05 3715.92 8.84
2. ä~Éß Ëßßà¢ßà¾ß~ àÀ¾ßÉß ÐÖëÖ 6.00 2521.62 1687.38 4.01
Ëßßà¢ßà¾ß~ àÀ¾ßÉß ÐÖëÖ ~ã ÐßÞÀ½ß²ßß
~) Ëßßà¢ßà¾ß~ àÀ¾ßÉß ÐÖëÖ
(ÑíëÖëÉß, Ðµß£ßßÉß ßìÀ Íßìßà¢ß~
ÐßÞÐ¦ßßßëÝ ~íë ¿íëÊ~À) 3.00 1260.81 1117.37 2.66
Ûß) Ðµß£ßßÉß 1.00 420.27 126.18 0.30
ß) ÑíëÖëÉß 1.00 420.27 142.47 0.34
³ß) Íßìßà¢ß~ ÐßÞÐ¦ßßÞ 1.00 420.27 301.36 0.72
²ßíëÖ 31.03.2008 ~íë ä~Éß àßÆ¼ß 42026.99 ~ÀíëÊ
46
4.4. Bank has no Overseas Branches. Hence, Geographical exposures are not given.
4.5. (i).INDUSTRY WISE INTERNAL (FUNDED) CREDIT EXPOSURE CEILINGS AND EXPOSURE AS ON 31-03-2009
(Rs in crores)
S.No. Industry Ceilings Ceiling Actual Exposure

as % of amount Fund as % of
total on total based total
advances advances exposure advances of
of of as on previous quarter
previous previous 31.03.2009 i.e., 31.12.2008
quarter quarter
1 Textiles 9.00 3782.43 1614.73 3.84

2 Petroleum Products 10.00 4202.70 2108.41 5.01
3 Power 20.00 8405.40 4048.68 9.63
4 Engineering (Heavy & Light) 5.00 2101.35 1138.37 2.71
5 NBFC 8.00 3362.16 3425.55 8.15
6 Diamonds, Gems & Jewellery 5.00 2101.35 666.89 1.59
7 Rice Mills 6.00 2521.62 1118.07 2.66
8 Sugar 5.00 2101.35 713.36 1.70
9 Drugs & Pharmaceuticals 5.00 2101.35 713.57 1.70
10 Tobacco 2.00 840.54 193.31 0.46
11 Cement & Cement Products 2.00 840.54 411.26 0.99
12 Distilleries 1.00 420.27 15.54 0.04
13 Iron & Steel 8.50 3572.29 1991.89 4.74
14 Construction & Contractors 8.00 3362.16 1426.01 3.39
15 Software 1.50 630.40 27.33 0.06
16 Total Real Estate 21.00 8825.67 5403.30 12.85
Sub-ceilings for real estate
1. Housing Loans
(includes residential mortgages &
indirect finance to Housing
intermediaries) 15.00 6304.05 3715.92 8.84
2. Total Commercial Real Estate 6.00 2521.62 1687.38 4.01
Composition of Commercial Real Estate
A) Commercial Real Estate
(other than Hotels, Hospitals &
Educational Institutions) 3.00 1260.81 1117.37 2.66
B) Hospitals 1.00 420.27 126.18 0.30
C) Hotels 1.00 420.27 142.47 0.34
D) Educational Institutions 1.00 420.27 301.36 0.72
Note: Total advances as on 31.12.2008 are Rs.42,026.99 crores.
47
4.5.(ii). 31-03-2009 ~íë ®íëßËßßÀ ßÞ£ßàÀ~ (ßìÀ à²ßà±ß~) ~¢ß ÌßíëàÛß¼ß Ðßã¼ßßÞ ßìÀ ~¢ß ÌßíëàÛß¼ß
(Áµß¾ßë ~ÀíëÊíëÝ ¼ßëÝÞ)
Æ~. ®íëß àµß¿Éßã à£ß¼ßßÑã ë~ àµß¿Éßã à£ß¼ßßÑã 31.03.2009 àµß¿Éßã à£ß¼ßßÑã,
ÐßÞÛ¾ßß ßìÀ à²ßà±ß ë~ ßìÀ à²ßà±ß ~íë ËßßÐ£ßàËß~ ¾ßß²ßã, 31.12.2008,
¬ÐßµßíëÌßÀ ~ß % ¬ÐßµßíëÌßÀ ßìÀ à²ßà±ß ß±ßßàÀ£ß ë~ ßìÀ à²ßà±ß ¬ÐßµßíëÌßÀ ~ß %
ë~ Âµß ¼ßëÝë ÐßãâÉßß µßÀ ÐßãâÉßß ÀßàÍß ¬ÐßµßíëÌßÀ ë~ Âµß ¼ßëÝë ¬ÐßµßíëÌßÀ
1 Öë¬ÐßÖßÉÌß 8.00 626.69 126.10 1.61
2 µßëÖÅíëàÉß¾ß¼ß £µßß§ 1.00 78.34 31.33 0.40
3 ÌßßÃ 9.00 705.03 465.66 5.94
4 ÞÌßãà²ß¾ßâÀß (ºßßÀã ßìÀ Éß³ßä) 10.00 783.37 618.72 7.90
5 ÑãÀë ßìÀ ÌßËßßÑÀß£ß 1.00 78.34 15.59 0.20
6 ±ßß²ß à¼ßÉß 2.00 156.67 57.64 0.74
7 ½ßã²ßã 4.00 313.35 193.90 2.47
8 §Ëßß¾ßíï ßìÀ ¶~ß¼ßßÃÐ¾ßæàÖ~ÉÌß 6.00 470.02 234.87 2.99
9 £ßÞ¹ßßæ~ 0.50 39.17 23.80 0.30
10 àÐß¼ßëÝÖ ßìÀ àÐß¼ßëÝÖ £µßß§ 0.50 39.17 82.10 1.05
11 àÊàÐÖÉßÀãÌß 0.50 39.17 2.07 0.03
12 ÉßíëëÑß ßìÀ ÐÖãÉß 12.00 940.04 729.22 9.31
13 à²ß¼ßßÃ¢ß ßìÀ ×ëë~§ßÀ 50.00 3916.84 3293.36 42.04
14 Ðßß¸ÖËßë¾ßÀ 1.00 78.34 13.30 0.17
15 ä~Éß Ëßßà¢ßà¾ß~ àÀ¾ßÉß ÐÖëÖ 4.00 313.34 141.89 1.81
~) Ëßßà¢ßà¾ß~ àÀ¾ßÉß ÐÖëÖ
(ÑíëÖëÉß, Ðµß£ßßÉß ßìÀ Íßìßà¢ß
ÐßÞÐ¦ßßßëÝ ~íë ¿íëÊ~À) 1.00 78.34 35.54 0.45
Ûß) Ðµß£ßßÉß 1.50 117.51 63.78 0.81
ß) ÑíëÖëÉß 0.50 39.17 4.95 0.06
³ß) Íßìßà¢ß~ ÐßÞÐ¦ßßÞ 1.00 78.34 37.62 0.48
²ßíëÖ- 31.12.2008 (àµß¿Éßã à£ß¼ßßÑã) ~íë ä~Éß ßìÀ à²ßà±ß~ ¬ÐßµßíëÌßÀ Á.7,833.68 ~ÀíëÊ Ñì.
¾ßíëÌß²ßß ËßÞ µßÆàÆ~¾ßßÞ :
¹ßìÝ~ ¼ßëÝ ÐßäË¾ßËßàÐ¦ß£ß ~¢ß ²ßãà£ß Ñì. ~¢ß µßÆÐ£ßßËßíëÝ ë~ µßÆÐ£ßä£ßã~À¢ß, àËß££ßã¾ß µßÆÐßÞàËß§ß, §À ÐßÞ¹ßÞ±ßã ¼ßß²ß~ ËßÞ ¹ßëÝ½ß¼ßßÃ~, ~¢ß ²ßä¼ßíë§²ß à±ß~ßÀíëÝ ~ß µßÆ£¾ßß¾ßíëÌß²ß,
¹ßÊë ~¢ß ¬ÐßµßíëÌß²ß µßÀ àËßËßë~µßæ¢ßÃ Ðßã¼ßßÞ, ßàÐ£ß ë~²§Æã~À¢ß, ~¢ß ÐßÞµßßàÍÃËß~ ë~ àÉß ¼ßß²ß~, µßíëÖÃ¶~ßëàÉß¾ßíë µßÆ¹ßÞ±ß²ß, ~¢ß Ðß¼ßãßß ¼ßë~ßà²ßÌß¼ß, ÌßíëàÛß¼ß ë~²§Æã~À¢ß,
ÌßíëàÛß¼ß µßÀ à²ßßÀß²ßã ËßÞ ¼ßæÉ¾ßßÞ~²ß, ~¢ßíëÝ ~ß ¼ßæÉ¾ß²ß, µßÆßËß±ßß²ßã~À¢ß, àËßà²ß¾ßß¼ß~/~ß²ßæ²ßã ²ßäµßßÉß²ß ßà§ ë~ àÉß ¹ßìÝ~ ²ßë ¼ßß²ßß~íëÝ µßÀ ²ßãà£ß¾ßíï ¹ß²ßß¾ßã ÑìÞ.
§ ¬ÐßíëµßíëÌßÀ ë~ àËßàºß²²ß ËßßíëÄ ë~ àÉß ¹ßìÝ~ ¼ßëÝ Ë¾ßßµß~ ÌßíëàÛß¼ß §À à²ß±ßßÃÀ¢ß µß«à£ß Ñì.
§ ¹ßìÝ~ ®íëßíëÝ/ßë¥ßíëÝ, ÌßÑíï ÌßíëàÛß¼ß à±ß~ Ñì, µßÀ µßíëÖÃ¶~íëàÉß¾ßíë ±¾ß¾ß²ß ~À£ßß Ñì ËßÞ ëÐßë ±¾ß¾ß²ßíëÝ Ðßë µßÆßàµ£ß¾ßíëÝ µßÀ ~¢ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß °ßÀß
½ß½ßßÃ ~ã Ìßß£ßã Ñì ËßÞ Ðßæ½ß²ßß ë~ àÉß ¹ßíëÊÃ ¼ßëÝ µßÆÐ£ßä£ß à~¾ßß Ìßß£ßß Ñì.
48
4.5.(ii). INDUSTRY WISE INTERNAL (NON-FUNDED) EXPOSURE CEILINGS AND EXPOSURE AS ON 31-03-2009
(Rs in crores)
S.No. Industry Ceilings Ceiling Actual Exposure
as % of amount Non-Fund as % of
Non-funded on Non-funded based Non-funded
exposure exposure of exposure exposure of
of previous previous as on previous quarter
quarter quarter 31.03.09 i.e., 31.12.2008
1 Textiles 8.00 626.69 126.10 1.61

2 Petroleum Products 1.00 78.34 31.33 0.40
3 Power 9.00 705.03 465.66 5.94
4 Engineering (Heavy & Light) 10.00 783.37 618.72 7.90
5 Diamonds, Gems & Jewellery 1.00 78.34 15.59 0.20
6 Rice Mills 2.00 156.67 57.64 0.74
7 Sugar 4.00 313.35 193.90 2.47
8 Drugs & Pharmaceuticals 6.00 470.02 234.87 2.99
9 Tobacco 0.50 39.17 23.80 0.30
10 Cement & Cement Products 0.50 39.17 82.10 1.05
11 Distilleries 0.50 39.17 2.07 0.03
12 Iron & Steel 12.00 940.04 729.22 9.31
13 Construction & Contractors 50.00 3916.84 3293.36 42.04
14 Software 1.00 78.34 13.30 0.17
15 Total Commercial Real Estate 4.00 313.34 141.89 1.81
A) Commercial Real Estate

(other than Hotels, Hospitals &
Educational Institutions) 1.00 78.34 35.54 0.45
B) Hospitals 1.50 117.51 63.78 0.81
C) Hotels 0.50 39.17 4.95 0.06
D) Educational Institutions 1.00 78.34 37.62 0.48
Note: Total Non-Funded Exposure as on 31.12.2008 (Previous Quarter) are Rs.7,833.68 crores.
Strategies and Processes
The bank also has a well defined Loan Policy in place. The bank has formulated policies on standards for presentation of
credit proposals, financial covenants, rating standards and benchmarks, delegation of credit approving powers, prudential
limits on large credit exposures, asset concentrations, standards for loan collateral, portfolio management, loan review
mechanism, risk concentrations, risk monitoring and evaluation, pricing of loans, provisioning, regulatory/legal compliance
etc.
l The Bank has in place comprehensive risk rating system for various categories of exposures.
l The Bank undertakes portfolio studies on industries/sectors, where the exposures are substantial and findings of such
studies are discussed by the Credit Risk Management Committee and put up to Board for information.
49
µßàÀ¼ßß¢ßß£¼ß~ µßÆ~Öã~À¢ß :
4.6. ßàÐ£ß¾ßíëÝ ~ß ËßàÍßÏÖ µßàÀµß¬Ëß£ßß àËßÍÉßëÏß¢ß :
(Áµß¾ßë ~ÀíëÊíëÝ ¼ßëÝ)
µßàÀµß¬Ëß£ßß µßÆà£ß¼ßß²ß àßÆ¼ß à²ßËßëÍß àËß§ëÍßã ¼ßä§Æß
0 Ðßë 1 à§²ß 201.33 5.47 163.25
2 Ðßë 7 à§²ß 335.41 580.03 0.77
8 Ðßë 14 à§²ß 683.87 188.44 10.76
15 Ðßë 28 £ß~ 713.29 302.31 8.65
29 à§²ßíëÝ Ðßë 3 ¼ßÑã²ßë 5201.41 783.56 85.25
3 ¼ßÑã²ßíëÝ Ðßë ¾ßß§ß ßìÀ 6 ¼ßÑã²ßíëÝ £ß~ 3096.50 629.73 111.39
6 ¼ßÑã²ßíëÝ Ðßë ¾ßß§ß ßìÀ 1 ËßÏßÃ £ß~ 4738.63 625.54 0.00
1 ËßÏßÃ Ðßë ¾ßß§ß 3 ËßÏßíëÄ £ß~ 17792.02 2444.40 0.00
3 ËßÏßíëÄ Ðßë ¾ßß§ß 5 ËßÏßíëÄ £ß~ 4865.21 1825.67 0.00
5 ËßÏßíëÄ Ðßë ¾ßß§ß 6511.59 9525.96 0.00
ä~Éß 44139.26 16911.11 380.07
4.7.Ðß~Éß ²ßÌßÃ~ ßàÐ£ß¾ßíëÝ (²ß µßã ) ~ã ÀßàÍß ßìÀ ²ßÌßÃ~ ßàÐ£ß¾ßíëÝ (²ß µßã ) ë~ àÉß à~¾ßë ß¾ßë µßÆßËß±ßß²ß :
àÐ¦ßÀ µßÆßËß±ßß²ß àÐ¦ßÀ ßìÀ àÐ¦ßÀ µßÆßËß±ßß²ß
ÎÇíë¢ßã ²ß µßã µßÆßËß±ßß²ß ²ß µßã µßÆßËß±ßß²ß
Ëß¼ßß²ß~ 135.10 54.71 135.10 55.30
ÐßÞà§ß±ß 222.18 172.92 222.18 222.18
ÐßÞà§±ß -1 73.36 60.70 73.36 73.36
ÐßÞà§±ß -2 140.95 104.35 140.95 140.95
ÐßÞà§±ß -3 7.87 7.87 7.87 7.87
Ñßà²ß 10.86 10.86 10.86 10.86
ä~Éß 368.14 238.49 368.14 288.34
4.8. ²ßÌßÃ~ ßàÐ£ß¾ßíëÝ (²ß µßã ) ë~ µßÆËß±ßß²ßíëÝ ¼ßëÝ µßàÀËß£ßÃ²ß :

2008-09 2007-08
Ðß~Éß àßÆ¼ßíëÝ ¼ßëÝ Ðß~Éß ²ß µßã (%) 0.83% 1.07%
à²ßËßÉß àßÆ¼ßíëÝ ¼ßëÝ à²ßËßÉß ²ß µßã (%) 0.18% 0.15%
²ß µßã ¼ßëÝ µßàÀËß£ßÃ²ß (Ðß~Éß)
- µßÆßÀÞàºß~ ÍßëÏß 372.43 397.01
- ËßÏßÃ ë~ §íìÀß²ß ÌßíëÊ 201.32 201.52
- ËßÏßÃ ë~ §íìÀß²ß ³ßÖß¾ßíï 205.61 226.10
- Þà£ß¼ß ÍßëÏß 368.14 372.43
50
Quantitative Disclosures:
4.6. Residual Maturity breakdown of assets:
(Rs. in crore)
Maturity Pattern Advances Investments Foreign Currency assets
0 to 1 day 201.33 5.47 163.25
2 to 7 days 335.41 580.03 0.77
8 to 14 days 683.87 188.44 10.76
15 to 28 days 713.29 302.31 8.65
29 days to 3 months 5201.41 783.56 85.25
Over 3 months & upto 6 months 3096.50 629.73 111.39
Over 6 months & upto 1 year 4738.63 625.54 0.00
Over 1 year & upto 3 years 17792.02 2444.40 0.00
Over 3 year & upto 5 years 4865.21 1825.67 0.00
Over 5 years 6511.59 9525.96 0.00
Total 44139.26 16911.11 380.07
4.7. AMOUNT OF GROSS NPAS & PROVISIONS HELD FOR NPAs:

(Rs. in crore)
Specific Provision Specific & Floating Provisions
Category NPA Provision NPA Provision
Sub-Std 135.10 54.71 135.10 55.30
Doubtful 222.18 172.92 222.18 222.18
Doubtful-1 73.36 60.70 73.36 73.36
Doubtful-2 140.95 104.35 140.95 140.95
Doubtful-3 7.87 7.87 7.87 7.87
Loss 10.86 10.86 10.86 10.86
Total 368.14 238.49 368.14 288.34
4.8. MOVEMENT OF PROVISIONS FOR NPAs:

(Rs. in Cr)
2008-09 2007-08
Gross NPA to Gross Advances (%) 0.83% 1.07%
Net NPA to Net Advances (%) 0.18% 0.15%
Movement of NPAs (Gross)
- Opening Balance 372.43 397.01
- Additions during the year 201.32 201.52
- Reductions during the year 205.61 226.10
- Closing Balance 368.14 372.43
51
²ß µßã ¼ßëÝ µßàÀËß£ßÃ²ß (à²ßËßÉß) 2008-09 2007-08

- Þà£ß¼ß ÍßëÏß 79.22 53.70
²ß µßã àÐ¦ßÀ µßÆßËß±ßß²ßíëÝ ¼ßëÝ µßàÀËß£ßÃ²ß
- Þà£ß¼ß ÍßëÏß 238.49 150.56
²ß µßã àÐ¦ßÀ µßÆßËß±ßß²ßíëÝ ¼ßëÝ µßàÀËß£ßÃ²ß
- Þà£ß¼ß ÍßëÏß 49.85 167.47
5. ~¢ß ÌßíëàÛß¼ß µßíëÖ¶Ã ~íëàÉß¾ßíë ë~ àÉß µßÆ~Öã~À¢ß, Ìßíë ¼ßß²ß~ãè~£ß §èàÏÖ~íë¢ß ë~ ±ßã²ß Ñíëßß :
5.1. ßä¢ßß£¼ß~ µßÆ~Öã~À¢ß
5.1.1. ¼ßß²ß~ãè~£ß §èàÏÖ~íë¢ß ë~ Þ£ßßÃ£ß µßíëÖÃ¶~íëàÉß¾ßíë ë~ àÉß :
µß¾ßíëß ~ã ß¾ßã ~¢ß à²ß±ßßÃÀ¢ß ÌßÞàë Ðß¾ßíëÝ ë~ ²ßß¼ß:
· àÆ~àÐßÉß, ë~¾ßÀ, à¶~½ß, Æ~ß
¬ÐßµßíëÌßÀ ë~ µßÆ~ßÀ, àÌß²ßë~ àÉß ÌßÞëàÐß¾ßíëÝ ~ß µß¾ßíëß à~¾ßß ß¾ßß
• ~ ËßÏßÃ Ðßë ~¼ß ¾ßß ~ ËßÏßÃ ~ã ÐßÞàËß§ßß£ß µßàÀµß¬Ëß£ßß ë~ Ðßß¦ß ¬ÐßµßíëÌßÀ ë~ àÉß (²ß~§ã ~¢ß, ßëËßÀ ÊÅß¸Ö ~íë ¿íëÊ~À) ²ßä¼ßßëà§£ß §À à²ß±ßßÃÀ¢ß ÞÌßëÞÐßã
°ßÀß à§¾ßë ß¾ßë ÉµßßËßà±ß §À à²ß±ßßÃÀ¢ß ~ß µß¾ßíëß à~¾ßß ß¾ßß.
• ß²£ßàÀ~ ²ß~§ã ~¢ß, ßëËßÀ ÊÅß¸Ö ËßÞ ~ ËßÏßÃ Ðßë à±ß~ ¼ßã¾ßß§ã ~¢ß ¬ÐßµßíëÌßÀ ë~ àÉß §ã³ßßÃËßà±ß §À à²ß±ßßÃÀ¢ß ~ß µß¾ßíëß à~¾ßß ß¾ßß.
• ¹ßìÝ~ ÐßßËßÃÌßà²ß~ Âµß Ðßë µßÉß¹±ß ¼ßßÞß ß¾ßë §À à²ß±ßßÃÀ¢ß ~ß Ñã µß¾ßíëß ~À£ßß Ñì, Ìßß Ëßì±ß ËßÞ ¼ßß²¾ß£ßß µßÆßµ£ß Ã Ðßã ß¨Ã °ßÀß Ðß¼ßãßß ~ã Ìßß£ßã Ñì .
• ¹ßìÝ~ ~ Ñã ±ßßÀ~£ßßÃ ë~ ~ ¬ÐßµßíëÌßÀ ë~ àÉß ~ ¨Ã Ðßã ß¨Ã ~ß §À à²ß±ßßÃÀ¢ß ~ Ðßß¦ß µß¾ßíëß ²ßÑãÝ ~À£ßß Ñì ¾ßà§ ÐßÞ¹ßÞà±ß£ß ¬ÐßµßíëÌßÀ ~ß
§À à²ß±ßßÃÀ¢ß ~ Ñã ½ß¾ßà²ß£ß ¨Ã Ðßã ß¨Ã °ßÀß ²ß à~¾ßß ß¾ßß Ñíë. ßßë, ¹ßìÝ~ ~ ~ßµßíëÃÀëÖ ßÆæµß ~ã ²¾ß ÐßÞÐ¦ßßßëÝ µßÀ ÌßíëàÛß¼ß ºßßàÀ£ß ë~ àÉß ²ßÑãÝ
Éßßß£ßß Ñì.
• ÌßÑíï ¬ÐßµßíëÌßÀ/±ßßÀ~£ßßÃßëÝ ~íë ½ß¾ßà²ß£ß ¨Ã Ðßã ß¨Ã Ðßë ¹ßÑä §À à²ß±ßßÃÀ¢ß ÑìÝ, ËßÑíï ÌßßëàÛß¼ß ºßßàÀ£ß ÐßÞß¢ß²ßß ë~ àÉß ¹ßìÝ~ ²ßë à²ß¼²ß µßÆàÆ~¾ßß µß²ßß¾ßã
Ñì.
• ¾ßà§ ½ß¾ßà²ß£ß ¨Ã Ðßã ß¨Ã °ßÀß §íë §À à²ß±ßßÃÀ¢ß à~¾ßß ß¾ßß Ñíë, Ìßíë àËßàºß²²ß ÌßíëàÛß¼ß ºßßàÀ£ßíëÝ ~íë §ÍßßÃ£ßß Ñì, £ßíë ½ß §À ~ß ÌßíëàÛß¼ß ºßßàÀ£ß Éßßß¾ßß
Ìßß£ßß Ñì
• ¾ßà§ ½ß¾ßà²ß£ß ¨Ã Ðßã ß¨Ã °ßÀß £ßã²ß ¾ßß ÐßÐßë à±ß~ §À à²ß±ßßÃÀ¢ß à~¾ßß ß¾ßß Ñíë, Ìßíë àËßàºß²²ß ÌßíëàÛß¼ß ºßßàÀ£ßíëÝ ~íë §ÍßßÃ£ßß Ñì, £ßíë à²ß¼²ß£ß¼ß §íë ÐßÞ¹ßÞà±ß£ß
§ÀíëÞ ~ß ÐßÞ§ºßÃ àÉß¾ßß Ìßß£ßß Ñì ßìÀ ²ß §íë²ßíëÝ ¼ßëÞ Ðßë ½ß£ß¼ß §À ~ß ÌßíëàÛß¼ß ºßßàÀ£ß Éßßß¾ßß Ìßß£ßß Ñì
5.1.2. ¹ßìÝâ~ß ¹ßàÑ¾ßíëÝ ¼ßëÝ £ßäÉß²ßß£¼ß~ ßàÐ£ß¾ßíëÝ ~íë ÐßßËßÃÌßà²ß~ à²ßßÃà¼ß£ß §À ë~ ²£ßÀ¢ß ¼ßëÝ µßÆ¾ßä¬£ß µßÆàÆ~¾ßß ~ß àËßËßÀ¢ß:
ëÐßã ~íë¨Ã µßÆàÆ~¾ßß Éßßßæ ²ßÑãÝ Ñì.
52
Movement of Net NPAs 2008-09 2007-08
Movement of Specific Provisions for NPAs
Movement of Floating Provisions for NPAs
5. Credit Risk: DISCLOSURES FOR PORTFOLIOS SUBJECT TO THE STANDARDIZED APPROACH:

5.1. Qualitative disclosures for portfolios under the standardized approach:
Name of the credit rating agencies used:
l CRISIL, CARE, FITCH, ICRA
Types of exposure for which each agency is used:
l For exposures with a contractual maturity of less than or equal to one year (except cash credit, overdraft) Short term
ratings given by approved Rating Agencies is used.
l For domestic cash credit, overdraft and for term loan exposures of over 1 year, long Term Ratings is used.
l The Bank uses only publicly available solicited ratings that are valid and reviewed by the recognized ECAIs.
l The Bank does not simultaneously use the rating of one ECAI for one exposure and that of another ECAI for another
exposure to the same borrower, unless the respective exposures are rated by only one of the chosen ECAIs. Further, the
bank does not use rating assigned to a particular entity within a corporate group to risk weight other entities within the
same group.
l Where exposures/ borrowers have multiple ratings from the chosen ECAIs, the bank has adopted the following procedure
for risk weight calculations:
l If there are two ratings accorded by chosen ECAIs, which map into different risk weights, the higher risk weight is
applied.
l If there are three or more ratings accorded by the chosen ECAIs which map into different risk weights, the ratings
corresponding to the lowest 2 ratings are referred to and higher of those two risk weights is applied.
5.1.2. A description of the process used to transfer public issue ratings onto comparable assets in the banking
books:
No such process is applied
53
5.2. µßàÀ¼ßß¢ßß£¼ß~ µßÆ~Öã~À¢ß :

µßÆ¼ßäÛß ÌßíëàÛß¼ß ¹ßà~ÖíëÝ ¼ßëÝ ¹ßìÝ~ ~ã ¹ß~ß¾ßß ÀßàÍß (§À à²ß±ßßÃàÀ£ß ËßÞ §À à²ß±ßßÃàÀ£ß ²ß à~¾ßß ß¾ßß) ¼ßß²ß~ãè~£ß §èàÏÖ~íë¢ß ë~ Þ£ßßÃ£ß ÌßíëàÛß¼ß µßÍß¼ß²ßíëÝ ~ß ¶ì~¬ÖâÀß (¾ßß²ßã
ÐßÞµßßàÍÃËß~) ë~ ¹ßß§
àËßËßÀ¢ß ÀßàÍß
à²ßà±ß~ ßìÀ à²ßà±ß~
100% Ðßë ~¼ß ÌßíëàÛß¼ß ºßßàÀ£ß 20654.63 2966.67
100% ÌßíëàÛß¼ß ºßßàÀ£ß 19900.83 3467.14
100% Ðßë ¾ßß§ß ÌßíëàÛß¼ß ºßßàÀ£ß 1016.94 87.94
³ßÖß¾ßß ß¾ßß (ÌßíëàÛß¼ß µß Íß¼ß~) 2566.86 154.56
ä~Éß 44139.26 6676.31
6. ~¢ß ÌßíëàÛß¼ß µßÍß¼ß²ß - ¼ßß²ß~ãè~£ß §èàÏÖ~íë¢ß :
6.1.1.ÐßÞµßßàÍÃËß~ ¼ßæÉ¾ßßÞ~²ß ËßÞ µßÆ¹ßÞ±ß²ß ë~ àÉß ²ßãà£ß¾ßíï ËßÞ µßÆàÆ~¾ßßÞ
~¢ß ÌßíëàÛß¼ß µßÍ¼ß²ßíëÝ ë~ àÉß ¹ßìÝ~ ~ë §èàÏÖ~íë¢ß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ¹ßíëÊÃ °ßÀß ²ßä¼ßíëà§£ß ²ßãà£ß ~ß µß¾ßíëß µßæïÌßã ÐßÞß¢ß²ßß ë~ àÉß µßÉß¹±ß Ñì.
²ßãà£ß ¼ßëÝ Ë¾ßßµß~ §èàÏÖ~íë¢ß µß²ßß¾ßß ß¾ßß Ñì Ìßíë ÐßÞµßßàÍÃËß~ ~ß ßÀíëàµß£ß ¼ßæÉ¾ß Ðßë ¬ÐßµßíëÌßÀ ÀßàÍß ³ßÖß~À ¬ÐßµßíëÌßÀ µßÀ ÐßÞµßßàÍÃËß~ ~ß ÐßÞµßæ¢ßÃ ß¶~ÐßëÖ ~ã ²ßä¼ßà£ß
§ë£ßã Ñì.
6.1.2. ¹ßìÝ~ °ßÀß àÉß¾ßë ß¾ßë ÐßÞµßßàÍÃËß~ ë~ ¼ßäÛ¾ß µßÆ~ßÀ ~ß Ëß¢ßÃ²ß :
ÌßíëàÛß¼ß µßÍß¼ß²ßíëÝ ë~ Âµß ¼ßëÝ ¹ßìÝ~ °ßÀß Ðßß¼ßß²¾ß£ß¾ßß µß¾ßíëß à~¾ßë Ìßß²ßëËßßÉßë ÐßÞµßßàÍÃËß~ ë~ ¼ßäÛ¾ß µßÆ~ßÀ ¼ßëÝ à²ß¼²ß àÉßàÛß£ß Íßßà¼ßÉß ÑìÝ :
1. ²ß~§/¹ßìÝ~ Ìß¼ßßÞ
2. Ðßíë²ßß
3. ë~²§Æ ËßÞ Àß¾ß ÐßÀ~ßÀíëÞ °ßÀß à²ßßÃà¼ß£ß µßÆà£ßºßæà£ß¾ßíï
4. ÀßÏÖÅã¾ß ¹ß½ß£ß µßÆ¼ßß¢ß µß¥ß ßìÀ à~Ðßß²ß àËß~ßÐß µß¥ß
5. ³ßíëàÏß£ß º¾ßµßÃ¢ß ¼ßæÉ¾ß ë~ Ðßß¦ß ÌßãËß²ß ¹ßã¼ßß à²ßß¼ß ~ã µßßàÉßàÐß¾ßíï
6. ~ÌßÃ µßÆà£ßºßæà£ß¾ßíï (²ß¾ßë µßæïÌßã µß¾ßßÃµ£ß£ßß ¶Æë~¼ßËßÃ~ ¼ßëÝ §ã ß¾ßã µßàÀºßßÏßß ë~ ²ßäÐßßÀ)
7. ¼¾ßä½ßäÉß ¶Þ~Ê ë~ ¾ßæà²ßÖ
8. ÐßÞ¾ßÞ¥ß ßìÀ ¼ßÍßã²ßÀã, ºßæà¼ß ßìÀ ºßËß²ß (ë~ËßÉß ²ß µßã ë~ ¼ßß¼ßÉßíëÝ ¼ßëÝ) ~¢ß ÌßíëàÛß¼ß µßÍß¼ß~ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ë~ ²ßäÐßßÀ à~¾ßë
ß¾ßë ÑìÝ.
6.1.3. ßìÀÖÞ À ~ß¢ÖÀ µßßÖãÃ ë~ ¼ßäÛ¾ß µßÆ~ßÀ ËßÞ ²ß~ã ~¢ß µßß¥ß£ßß :
ÌßÑíï ~ÑãÝ ßËßÍ¾ß~ Ñíë, Õß¢ß ÌßíëàÛß¼ß ë~ µßÍß¼ß²ß ë~ àÉß à£ßàÀ¬£ß ÐßäàËß±ßß ë~ Âµß ¼ßëÝ ¹ßìÝ~ Ë¾ßà¬£ßß£ß ¾ßß ~ßµßíëÃÀëÖ ßßÀÞÖã Éßë£ßß Ñì, Ìßíë ßßÀÞÖÀ µßÀ Ðßã±ßß §ßËßß
à~¾ßß Ìßß Ðß~£ßß Ñì ËßÞ Ìßíë Íß£ßÃ ÀàÑ£ß ËßÞ àËß~Éµßã Ñì. ßßÀÞÖÀ ~ã ~¢ß µßß¥ß£ßß Ðßß¼ßß²¾ß£ß¾ßß ±ßßÀ~£ßßÃ ~ã àËß££ßã¾ß àÐ¦ßà£ß Ðßë ÐßÞ¹ßÞà±ß£ß ¾ßß µßÆºßßàËß£ß ²ßÑãÝ Ñì. Àß
¾ß/ë~²§Æ ÐßÀ~ßÀ °ßÀß µßÆà£ßºßæà£ß ÐßäàËß±ßß ë~ Âµß ¼ßëÝ §ã ß¾ßã ßßÀÞÖã ºßã ¹ßìÝ~ ÐËßã~ßÀ ~À£ßß Ñì. ëÐßã ßßÀÞàÖ¾ßíï à²ßÀÞ£ßÀ µßÆºßßàËß£ß ÀÑ£ßã Ñì, Ìß¹ß£ß~ ÐßäàËß±ßß ~ã ÐßÞµßæ¢ßÃ
½ßä~íì£ßã ¾ßß à²ßµßÖß²ß ²ßÑãÝ à~¾ßß Ìßß£ßß Ñì.
6.1.4.àÉß¾ßë ß¾ßë µßÍß¼ß²ßíëÝ ë~ Þ§À ÌßíëàÛß¼ß Ñíë²ßë ë~ ¹ßßÀë ¼ßëÝ Ðßæ½ß²ßß :
¹ßìÝ~ ¼ßëÝ ßàÐ£ß¾ßíëÝ ~ß ~ ¿ß µßÆ~ã¢ßÃ µßíëÖÃ¶~íëàÉß¾ßíë Ñì, Ìßíë àËßàºß²²ß µßÆ~ßÀ ë~ ÐßÞµßßàÍÃËß~íëÝ °ßÀß µßÆà£ßºßæ£ß Ñì :
• µßÀ Ðßæà½ß£ß µßß¥ß àËß££ßã¾ß ÐßÞµßßàÍÃËß~
• ÐßíîËßàÀ²ßíëÝ ËßÞ ¿ë ~ßµßíëÃÀëÖíëÝ °ßÀß ßßÀÞàÖ¾ßíï
• ~ß¢ÖÀ µßßÖãÃ °ßÀß §ã ß¾ßã ½ßÉß ÐßÞµßà££ß ËßÞ ½ßßÉßæ ßàÐ£ß¾ßíï
54
5.2. Quantitative disclosures:

Amount of banks outstandings (rated & unrated) in major risk buckets - under standardized approach, after factoring risk
mitigants (i.e.. collaterals):
(Rs. in Crore)
Particulars Amount
FUND BASED NON-FUND BASED
Below 100% risk weight 20654.63 2966.67
100% risk weight 19900.83 3467.14
More than 100% risk weight 1016.94 87.94
Deducted (Risk Mitigants) 2566.86 154.56
TOTAL 44139.26 6676.31
6. CREDIT RISK MITIGATION STANDARDIZED APPROACH:

6.1 Qualitative disclosure:
6.1.1.Policies and processes for collateral valuation and management:
A Board approved Policy, addressing the Banks approach towards the credit risk mitigants used for capital calculation is in
place.
The policy adopts the comprehensive approach, which allows full offset of collateral (after appropriate haircuts) against
exposures, by effectively reducing the exposure amount by the value ascribed to the collateral.
6.1.2. Description of the main types of collateral taken by the Bank:
The main types of collateral commonly used by the Bank as risk mitigants comprises of
1. Cash/ Banks deposits
2. Gold
3. Securities issued by Central and State Government
4. NSCs and KVPs
5. LIC policies with a declared surrender value
6. Debt securities (as defined in the New Capital Adequacy Framework)
7. Units of Mutual Funds.
8. Plant & Machinery, Land & Building (In case of NPAs only)
The Credit Risk Mitigants are applied in accordance with the RBI guidelines.
6.1.3. Main types of Guarantor counterparty and their creditworthiness:
Wherever required, the Bank obtains Personal or Corporate guarantee, as an additional comfort for mitigation of credit risk,
which can be translated into a direct claim on the guarantor, and is unconditional and irrevocable. The Creditworthiness of the
guarantor is normally not linked to or affected by the borrowers financial position. The Bank also accepts guarantee given by
State / Central Government as a security comfort. Such Guarantees remain continually effective until the facility covered is
fully repaid or settled.
6.1.4.Information about risk concentration within the mitigation taken:
Bank has a well dispersed portfolio of assets which are secured by various types of collaterals, such as:
l Eligible financial collaterals listed above
l Guarantees by sovereigns and well-rated corporates
l Fixed assets and current assets of the counterparty
55
6.2. µßàÀ¼ßß¢ßß£¼ß~ µßÆ~Öã~À¢ß

àËßËßÀ¢ß ÀßàÍß
ÐßÞËßßÀ²ßë ë~ ¹ßß§ µßß¥ß àËß££ßã¾ß ÐßÞµßßàÍÃËß~ °ßÀß ~ËßÀ à~¾ßë ß¾ßë ä~Éß ¬ÐßµßíëÌßÀ. 2721.42
7. µßÆà£ßºßæà£ß~À¢ß ¼ßß²ß~ãè~£ß §èàÏÖ~íë¢ß :

àËß££ßã¾ß ËßÏßÃ 2008-2009 ë~ §íìÀß²ß ¹ßìÝ~ ²ßë à~Ðßã ¬ÐßµßíëÌßÀ ~íë µßÆà£ßºßæ£ß ²ßÑãÝ à~¾ßß Ñì. ¼ßß½ßÃ 2004 ë~ §íìÀß²ß ÐµßëÍßÉß µßÀµßÌß ËßëàÑ~Éß ë~ Âµß ¼ßëÝ ~ß¾ßÃ
~À£ßë Ñä ²ß½ß¹ßã ë~ ÌßàÀ ¹ßìÝ~ ²ßë 50.36 ~ÀíëÊíëÝ ~ß ßËßßÐß ¥ß¢ß µßíëÖÃ ¶~íëàÉß¾ßíë µßÆßÀÞºß à~¾ßß. ²ß½ß¹ßã ÐßµßãËßã ²¾ßßÐß ²ßë ²ß ßËßßÐß ~¢ßíëÝ ~íë
µßßÐß ¦ßÆæ µßÆ¼ßß¢ßµß¥ßíëÝ ¼ßëÝ µßàÀËßà£ßÃ£ß à~¾ßß ËßÞ ÐßÞÐ¦ßßß£ß à²ßËßëÍß~íëÝÞ~ ~íë µßãÖãÐßã- ËßÞ ß²±ßÆß ¹ßìÝ~ ~íë µßãÖãÐßã-¹ßã (µßãÖãÐßã Ðßë ßíì¢ß) ÌßßÀã à~¾ßß.
µßÑÉßã Ñßà²ß ËßÞ §æÐßÀã Ñßà²ß ~¢ß Ëßèà« µßÀ µßæÞÌßã µßÆºßßÀ ~ã ß¢ß²ßß ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ë~ ²ßäÐßßÀ à~¾ßß ß¾ßß.
) µßÆà£ßºßæà£ß~À¢ß ~ß¾ßÃ~ÉßßµßëßÞ Ðßë ÞÐß¹ßÞà±ß£ß ¹ßìÝ~ ~ß Éß¾ß, Ðß¼ßëÝ ²ß ~ß¾ßÃ~ÉßßµßíëÝ °ßÀß ¹ßìÝ~ Ðßë §æÀ ²¾ß ÐßÞÐ¦ßß²ßíëÝ ¼ßëÝ à²ßàÑ£ß µßÆà£ßºßæ£ß ¬ÐßµßëßÌßÀ ~ã ~¢ß ÌßíëàÛß¼ß
~íë Þ£ßÀ¢ß ~À²ßë ~ã ¼ßß¥ßß Íßßà¼ßÉß Ñì.
µßÆà£ßºßæà£ß~À¢ß ¾ßíëÌß²ßß ë~ Éß¾ß ËßÞ £ßíìÀ £ßÀã~ß ¹ßíëÊÃ ~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß ~íë ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ °ßÀß à²ß±ßßÃàÀ£ß ¶~ß¼ßëÃÖ ë~ ²ßäÐßßÀ µßÆÐ£ßä£ß à~¾ßß
Ìßß£ßß Ñì.
Éß¾ß
- ßàÐ£ß §ë¾ß£ßß ÐßÞ£ßäÉß²ßíëÝ ~ß ³ßÖßËß
- ÍßäÉ~ ß±ßßàÀ£ß ß¾ß ¼ßëÝ Ëßèà«
- à²ßà±ß¾ßëßÞ ~ß µßä²ß: àºß¾ßíëÌß²ß
¹ßã) µßÆà£ßºßæà£ß~À¢ß ~ß¾ßÃ~ÉßßµßíëÝ ë~ àÉß ¹ßìÝ~ ~ã ÉßëÛßß ²ßãà£ß¾ßíïÞ, ²ß¼ßëÝ~ à¹ßÆ~ã µßÀ Éßßºß ~ã ¼ßß²¾ß£ßß ËßÞ àµß¿Éßã àÀµßëßàÖÄß Ëßà±ß Ðßë ~íë¨Ã ¼ßÑ£Ëßµßæ¢ßÃ µßÆºßßÀ ËßÞ
ëÐßë µßÆºßßÀ ë~ µßÆºßßËß Ðß¼ßë£ß Ð¦ßßàß£ß ¹¾ßßÌß ë~ ¼ßæÉ¾ß ë~ àÉß µßÆ¼ßäÛß ±ßßÀ¢ßßïÞ Íßßà¼ßÉß ÑìÝ
µßÆà£ßºßæà£ß~À¢ß ~ß¾ßÃ~ÉßßµßíëÝ ë~ àÉß ¹ßìÝ~ ¼ßëÝ µß¾ßä¬£ß ÉßëÛßß ²ßãà£ß¾ßíïÞ ÑìÝ.
ßàÐ£ß¾ßíëÝÞ ~ã à¹ßÆ~ã µßÀ à~Ðßã Éßßºß ~íë ¼ßß²¾ß£ßß ²ßÑãÝ à¼ßÉßã Ñì.
Ðßã) µßÆà£ßºßæà£ß~À¢ß ë~ àÉß µß¾ßíëß à~¾ßë ß¾ßëë ¨ÃÐßãß¨Ã ë~ ²ßß¼ß ËßÞ µßÆà£ßºßæà£ß~À¢ß ¬ÐßµßíëÌßÀ ë~ µßÆºßßÀ àÌßÐßë~ àÉß ÑÀ ÌßëÝÐßã ~ß µß¾ßëßß à~¾ßß ß¾ßß àÆ~àÐßÉß,
§À à²ß±ßßÃÀ¢ß ÌßëÝÌßÐßã ²ßë µßæÉß ~ß §À à²ß±ßßÃÀ¢ß (Ðßßë) à~¾ßß Ñì.
7.2 µßàÀ¼ßß¢ßß£¼ß~ µßÆ~Öã~À¢ß
. ¹ßìÝ~ °ßÀß µßÆà£ßºßæ£ß ä~Éß ¹ß~ß¾ßß ~¢ß ÌßíëàÛß¼ß £ß¦ßß, ¬ÐßµßíëÌßÀ Ößµß °ßÀß µßÆà£ßºßæà£ß~À¢ß ¶Æë~¼ßËßÃ~ ë~ ±ßã²ß
¹ßìÝ~ ²ßë ßËßßÐß ~¢ßíëÝ ~ß µßÆà£ßºßæ£ßã~À¢ß à~¾ßß Ñì
31.03.2009 ~íë µßæÉß ~ß ¹ß~ß¾ßß ÍßëÏß Á.15.03 ~ÀíëÊ Ñì
¹ßã. ¹ßìÝ~ °ßÀß µßÆà£ßºßæ£ß ¬ÐßµßíëÌßÀ ë~ àÉß ËßÞ µßÆà£ßºßæ£ßã~À¢ß ¶Æë~¼ßËßÃ~ ë~ ±ßã²ß:
µßÆà£ßºßæ£ß Ñßà²ßßÆÐ£ß/ àËßß£ß §ë¾ß ßàÐ£ß¾ßíëÝ ~ã ÀßàÍß ½ßßÉßæ Ëßà±ß ë~ §íìÀß²ß ¹ßìÝ~ °ßÀß à²ß±ßßÃàÀ£ß Ñßà²ß¾ßíï, ¬ÐßµßíëÌßÀ Ößµß °ßÀß àËß³ßàÖ£ß
Ñßà²ßßÆÐ£ß àËßß£ß§ë¾ß ßàÐ£ß¾ßíëÝ ~íë µßÆà£ßºßæ£ß ²ßÑãÝ à~¾ßß ß¾ßß
à~Ðßã ºßã Ñßà²ß ~íë à²ß±ßßÃàÀ£ß ²ßÑãÝ à~¾ßß ß¾ßß
Ðßã. ±ßßàÀ£ß ¾ßß Æ~ã£ß µßÆà£ßºßæ£ßã~À¢ß ¬ÐßµßíëÌßÀ ~ã ä~Éß ÀßàÍß, ¬ÐßµßíëÌßÀ Ößµß °ßÀß àËß³ßàÖ£ß
µßã Öã Ðßã - ¹ßã, µßã Öã Ðßã - ~íë Ðß¹ßßàÊÃ²ßëÖ ë~ Âµß ¼ßëÝ ¹ßìÝ~íëÝ °ßÀß àºß§££ß Á.7.41 ~ÀíëÊ ë~ µßÆà£ßºßæ£ß ßËßßÐß ~¢ß
Êã. ±ßßàÀ£ß ¾ßß Æ~ã£ß µßÆà£ßºßæ£ßã~À¢ß ¬ÐßµßíëÌßÀ ~ã ä~Éß ÀßàÍß ÌßíëàÛß¼ß ºßßàÀ£ß ¹ßìÝÊ ë~ Ðßß¦ßÃ~ ÐßÞÛ¾ßß ë~ Âµß ¼ßëÝ àËß³ßàÖ£ß Öã¾ßÀ - I µßæïÌßã Ðßë Ìßíë ¬ÐßµßíëÌßÀ
µßæÀã £ßÀÑ ~¼ß à~¾ßë ß¾ßë ÑìÝ, ä~Éß µßæïÌßã Ðßë ~¢ß ÐßÞËß±ßÃ²ß ß¨Ã/ßë ~¼ß à~¾ßë ß¾ßë ÑìÝ, ä~Éß µßæïÌßã Ðßë ²¾ß ¬ÐßµßíëÌßÀ ~¼ß à~¾ßë ß¾ßë ÑìÝ, ~íë ¬ÐßµßíëÌßÀ
Ößµß ÀëÛßßÞà~£ß ~À²ßë ë~ °ßÀß Éßß Ðßë µßÆ~Ö à~¾ßß Ìßß²ßß ½ßßàÑ.
56
6.2. Quantitative disclosures:

(Rs. in Crore)
Particulars Amount
Total exposure covered by eligible financial collateral after application of haircuts. 2721.42
7. SECURITISATION STANDARDIZED APPROACH:

7.1 Qualitative Disclosures:
a. Objectives of the bank in relation to securitization activity, including the extent to which these activities transfer
credit risk of the underlying securitised exposures away from the bank to other entities.
Objectives and modalities of the securitisation scheme are furnished to Audit Committee of the Board, as per the format
prescribed by the RBI.
Objectives
- Reduction of asset liability mismatches;
- Increase in fee based income and
- Redeployment of funds.
b. Banks accounting policies for securitisation activities, including recognition of gain on sale; and key assumptions
for valuing retained interests, including any significant changes since the last reporting period and the impact of
such changes;
The Bank has in place suitable accounting policies for securitisation activities.
c. Names of ECAIs used for securitizations and the types of securitisation exposure for which each agency used:
CRISIL, the Rating Agency has rated the pool with AAA (so).
The Bank has not securitised any exposure during the financial year 2008-2009.
Our Bank has originated Housing Loans Portfolio of Rs.50.36 crores through NHB acting as Special Purpose Vehicle,
during March 2004. The NHB SPV Trust, converted these housing loans into Pass Through Certificates and issued PTC-
A to the Institutional Investors and PTC-B (subordinate to PTC-A) to Andhra Bank.
The capital charge calculated on first loss and second loss credit enhancements is provided as per RBI guidelines.
7.2 Quantitative Disclosures:

a. The total outstanding exposures securitised by the bank and subject to the securitisation framework by exposure
type.
Bank has securitised the Housing Loans.
The outstanding balance of the pool as on 31.03.2009 is Rs.15.03 crores.
b. For exposures securitised by the bank and subject to the securitisation
Framework: amount of impaired/past due assets securitised; and losses recognised by the bank during the current
period, broken down by exposure type.
No impaired/past due assets were securitized.
No losses were recognized
c. Aggregate amount of securitisation exposures retained or purchased, broken down by exposure type.
Rs.7.41 crore of Securitised Housing Loans subscribed by the Banks as PTC-B, subordinate to PTC-A.
d. Aggregate amount of securitisation exposures retained or purchased broken down into a meaningful number of
risk weight bands. Exposures that have been deducted entirely from Tier 1 capital, credit enhancing I/Os deducted
from Total Capital, and other exposures deducted from total capital should be disclosed separately by type of
underlying exposure type.
57
31.03.2009 ~íë µßã Öã Ðßã - ¹ßã ¼ßëÝ Á.3.95 ~ÀíëÊ ë~ ¹ß~ß¾ßß à²ßËßëÍß ~íë µßÑÉßã Ñßà²ß ~¢ß ë~ Âµß ¼ßëÝ ¼ßß²ßß ß¾ßß ËßÞ Á.0.68 ~ÀíëÊ ²ß~§ ÐßÞµßßàÍÃËß~
~íë §æÐßÀã Ñßà²ß ~¢ß Ëßèà« ë~ Âµß ¼ßëÝ ¼ßß²ßß ß¾ßß, àÌßÐßë Öã¾ßÀ-I ë~ 50% ë~ Âµß ¼ßëÝ ËßÞ Öã¾ßÀ-II µßæïÌßã Ðßë 50% Ðßë ³ßÖß¾ßß ß¾ßß.
¨Ã. £ßäÉß²ß µß¥ß ë~ ÉßëÛßíëÝ ~ã àÖµµß¢ßã ë~ ~ ºßßß Âµß ¼ßëÝ §íë ËßÏßÃ ë~ àÉß £ßäÉß²ßß£¼ß~ àÐ¦ßà£ß µßÆÐ£ßä£ß ~À£ßë Ñä µßÆà£ßºßæ£ßã~À¢ß ßà£ßàËßà±ß ~ß ÐßßÀßÞÍß
- ßàÐ£ß¾ßíëÝ ë~ ÀëÛßßÞ~²ß °ßÀß 2004 ¼ßëÝ µßÆà£ßºßæ£ß ~¢ß ßàÐ£ß¾ßíëÝ ~ã ä~Éß ÐßÞÛ¾ßß ËßÞ ¹ßÑã ¼ßæÉ¾ß;
ßËßßÐß ~¢ß ßàÐ£ß¾ßíï
¼ßß½ßÃ 2008 - 908 Ûßß£ßë - Á.20.04 ~ÀíëÊ
¼ßß½ßÃ 2009 - 750 Ûßß£ßë - Á.15.03 ~ÀíëÊ
- µßÆà£ßºßæ£ß ßàÐ£ß¾ßíëÝ ë~ àÉß µßÆßµ£ß à¹ßÆ~ã µßÆà£ß¶~Éß ËßÞ µßÆà£ßºßæà£ß~À¢ß ë~ ~ßÀ¢ß à¹ßÆ~ã µßÀ Éßßºß/Ñßà²ß
Á. 50.36 ~ÀíëÊ - à¹ßÆ~ã µßÀ ~íë¨Ã Éßßºß/Ñßà²ß ²ßÑãÝ
- ~¢ß ÐßÞËß«Ã²ß, ½ßÉßà²ßà±ß ÐßÑß¾ß£ßß, µßÆà£ßºßæà£ß~À¢ßíë££ßÀ ßàÐ£ß ÐßàËßÃâÐßß £¾ßßà§ ë~ °ßÀß µßÆ§ß²ß ~ã ß¾ßã ÐßëËßßßëÝ ~ß Âµß ËßÞ ¼ßß¥ßß ( ¹ß~ß¾ßß ¼ßæÉ¾ß)
- Á. 7.41 ~ÀíëÊ ~íë µßæÉß àµßÆâÐßµßÉß ë~ 14.7% £ß~ Ðß¹ßßàÊÃ²ßëÖ ÖÅßÞ½ß ~íë Ðß¹ßàÐÆ~µµÍ²ß
- µßæÉß ¼ßëÝ à±ß~ ¹¾ßßÌß §À ~ß Ðß¹ßßàÊÃ²ßëÍß²ß
- Á. 68.00 ÉßßÛß ~ß ²ß~§ã ÐßÞµßßàÍËßÃ~
8. ÖÅëâÊß ¹ßä~ ¼ßëÝ ¹ßßÌßßÀ ÌßíëàÛß¼ß - ÐÖëÝÊÊßÃ¨ÃÊ ¼ßßàÊ¶~ßÊ Êò¾ßæÀëÍß²ß µßÆíë½ß
8.1.1 À¢ß²ßãà£ß ËßÞ µßÆàÆ~¾ßßïÞ
¹ßìÝ~ ¼ßëÝ Ðßä§ßÑàÀ£ß ËßÞ ¹ßíëÊÃ °ßÀß ²ßä¼ßíëà§£ß ¹ßßÌßßÀ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ²ßãà£ß ËßÞ ¹ßßÌßßÀ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ~ß¾ßÃ ë~ àÉß ÐßÞß×²ßß¼ß~ ÐßÞÀ½ß²ßß Ñì. ²ßãà£ß ë~ §ò§ëÍ¾ß
ÑìÝ:
• Þ£ßà²ßÃàÑ£ß ¹ßßÌßßÀ ÐßÞ¹ßÞ±ßã ÌßíëàÛß¼ß ~íë ì~µ½ßÀ ~À²ßë ËßÞ ßî¶~ ¹ßìÉßëÝÐß ÍßãÖ ¼ß§ëÝ, ßìÀ ¹ßìÝ~ ë~ ¹ßëÑ£ßÀ àÑ£ß ¼ßëÝ ¼ßß²ßãÖÀ ËßÞ µßÆ¹ßÞ±ß ~À²ßë~
• ¾ßÑ Ðßäà²ßàÍ½ß£ß ~À²ßë à~ ¹ßìÝ~ ~ß à²ßËßÉß ¹¾ßßÌß §À ¹ßßÌßßÀ ÐßÞ¹ßÞ±ßã µßÑÉßäßëÝ ë~ ³ßÖ¹ßÜ Ðßë ÐßÞÀàß£ß Ñì
• ¹ßßÌßßÀ ÌßíëàÛß¼ß ë~ Ðß¹ßÞ±ß ¼ßëÝ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß µßÆ¢ßßÉßã ë~ Ð£ßÀ ~íë Ðßä±ßßÀ²ßë
• µßæÞÌßã ÐßÆíë£ßíëÝ ë~ à±ß~£ß¼ß~ µß¾ßëßß Ðßäà²ßàÍ½ß£ß ~À²ßë µßæÞÌßã ÐßÞß¢ß²ß ë~ ~ ±ßä²ßß£ß²ß µß«à£ß¾ßëßÞ ë~ µß²ßß²ßë ë~ àÉß ¹ßìÝ~ ~íë £ßì¾ßßÀ ÀÛß²ßß
8.1.2 ÐßÞ¹ßÞ« ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ~ß¾ßÃ ~ã ÐßÞÀ½ß²ßß ËßÞ ÐßÞß×²ß
¹ßìÝ~ ë~ ¹ßßÌßßÀ ÌßßàÛß¼ß µß¹ßÞ±ß²ß ~ã ÐßÞÀ½ß²ßß à²ß¼²ß µßÆ~ßÀ Ñì.
· à²ß§ëÍß~ ¼ßÞÊÉß
· ¹ßíëÊÃ ~ã ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß
· ßàÐ£ß §ë¾ß£ßß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß (ßîÉ~íë)
· ¼ßÑßµßÆ¹ßÞ±Àß~ -ßÃßÀ¼ßÊã (¼ßäÛ¾ß ÌßíëàÛß¼ß ~ß¾ßÃµßßÉß~ ) - µßÆ±ßß²ß ~ß¾ßßÃÉß¾ß
· ¹ßßÌßßÀ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ~ß, ~ãè~£ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß àËßºßßß
- ÞÖßÆëÖëÊ à¼ßÊ ßî¶~ãÐß
- ßàÐ£ß §ë¾ß£ßß µßÆ¹ßÞ±ß²ß ²ßäºßßß
8.1.3 ÌßíëàÛß¼ß àÀµßíëàÖÄß ËßÞ/¾ßß ¼ßßµß µßÆ¢ßßÉßã ~ß ~ß¾ßÃßë¥ß ËßÞ µßÆ~è à£ß
• ¹ßìÝ~ ²ßë ßëËßÀ²ßßÖ Ðßã¼ßß, ÞÖÅßÊë Ðßã¼ßß, ä~Éß ßìµß Ðßã¼ßß, ÐÖíîµß ÉßíîÐß Ðßã¼ßß, ËßãßÀ Ðßã¼ßß, ¹ßÆíë~À Ö²ßíëÃËßÀ Ðßã¼ßß, µßæÞÌßã ¹ßßÌßßÀ ¬~ÐßµßëßÌßÀ Ðßã¼ßß, £µßß§ËßßÀ
ÐßµßëßÌßÀ Ðßã¼ßß, Í¾ßæÀËßßÀ ÐßµßëßÌßÀ Ðßã¼ßß ÌßìÐßë ¹ßßÌßßÀ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ë~ àÉß àËßàºß²²ß ¬ÐßµßíëÌßÀ Ðßã¼ßßïÞ ¹ß²ßß¨Ã ÑìÝ.
• ¹ßìÝ~ ¼ßëÝë ÖÅëâÊß ÊëÐ~ Ðßë ¹ßíëÊÃ Ð£ßÀ £ß~ ë~ àËßàºß²²ß Ð£ßÀíëÝ ¼ßëÝ ÌßíëàÛß¼ß Ðßã¼ßß ¼ßß²ßãÖÀ ~À²ßë ë~ àÉß ÌßíëàÛß¼ß àÀµßíëàÖÄß µßÆ¢ßßÉßã àËß®¼ßß²ß Ñì.
58
The outstanding investment of Rs.3.95 crore in PTC B as on 31.03.2009 considered as the First Loss Credit Enhancement
and Rs.0.68 crore cash collateral considered as Second Loss Credit Enhancement is reduced as 50% from Tier I and
50% from Tier II Capital.
e. Summary of securitisation activity presenting a comparative position for two years, as a part of the Notes on
Accounts to the balance sheet:
- Total number and book value of loan assets securitised during 2004 by type of underlying assets;
Housing Loan assets
March 2008 908 A/cs Rs.20.04 crore
March 2009- 750 A/cs - Rs. 15.03 crore
- Sale consideration received for the securitised assets and gain/loss on sale on account of securitisation; and
Rs.50.36 crore No gain/loss on sale
- form and quantum (outstanding value) of services provided by way of credit enhancement, liquidity support, post-
securitisation asset servicing, etc
- Subscription to subordinate tranche (PTC-B) to the extent of 14.7% of the pool principal aggregating to Rs.7.41 crore.
- Subordination of excess interest spread in the pool.
- Cash collateral equivalent to Rs.68.00 lacs.
8. MARKET RISK IN TRADING BOOK- STANDARDIZED MODIFIED DURATION APPROACH:
8.1. Qualitative Disclosures:
8.1.1. Strategies and processes:
The Bank has in place a well-defined and Board approved Market Risk Management Policy and organizational structure for
Market risk management functions. The objectives of the policy are
l to capture all the market related risks inherent in on and off-balance sheet items, monitor and manage them in the best
interests of the bank.
l to ensure that the banks NII is protected from the volatilities in the market related factors
l to improve the sophistication levels of the risk management systems pertaining to Market Risk; and
l to prepare the bank for adoption of the advanced methods of capital computation to ensure optimum utilization of the
capital sources.
8.1.2. The structure and organization of the relevant risk management function:
Market Risk Management structure of the Bank is as under-
l Board of Directors
l Risk Management Committee of the Board
l Asset Liability Management Committee (ALCO)
l General Manager-IRMD(Chief Risk Executive)-Head Office
l Market Risk Management Cell, Integrated Risk Management Dept HO-
- Integrated Mid Office
- Asset Liability Management Section
8.1.3. The scope and nature of risk reporting and/or measurement systems:
Bank has put in place various exposure limits for market risk management such as Overnight limit, Intraday limit, Aggregate
Gap limit, Stop Loss limit, VaR limit, Broker Turnover limit, Capital Market Exposure limit, Productwise Exposure limit, Issuerwise
Exposure limit etc.
l A risk reporting system is in place for monitoring the risk limits across different levels of the bank from trading desk to the
Board level.
l The rates used for marking to market for risk management or accounting purposes are independently verified.
59
• ÌßíëàÛß¼ßµßÆ¹ßÞ±ß²ß ë~ àÉß ¾ßß ÉßëÛßß µßÆ¾ßíëÌß²ßíëÝ ë~ àÉß ¹ßßÌßßÀ ~íë ¼ßßÃ~ à~¾ßë Ìßß²ßë ËßßÉßë µßÆ¾ßíëß à~¾ßë Ìßß²ßë ËßßÉßë §À ÐËß£ßÞ¥ßß Âµß Ðßë Ðß£¾ßßàµß£ß à~¾ßë Ìßß£ßë ÑìÝ.
• ¹ßìÝ~ ~ã À¢ß²ßãà£ß ë~ ²ßäÐßßÀ àÀµßíëÖÃ à²ßÏµßß§²ß ËßÞ ÌßíëàÛß¼ß, Ë¾ßßµßßÀ ßà£ßàËßà±ß¾ßíëÝ ë~ µßÆ¹ßÞ±ß²ß ë~ àÉß àÀµßíëÖÃ µßÆ¾ßíëß à~¾ßë Ìßß£ßë ÑìÝ.
• àÀµßíëàÖÃÞß àÐßÐÖ¼ß Ðß¼ß¾ß µßßÉß²ß, ÐËß½ßßÉßã~À¢ß ë~ Ðßß¦ß ¾ß¦ßíëà½ß£ß ¾ß¦ßß¦ßÃ£ßß ~íë Ðßäà²ßàÍ½ß£ß ~À£ßß Ñì
• àÀµßíëÖÃ Éß½ßãÉßë ÑìÝ ßìÀ à²ß¢ßÃ¾ß ~À²ßë ~ã µßÆàÆ~¾ßß ~íë £ßãËßÆ£ßß µßÆ§ß²ß ~À£ßë ÑìÝ.
• ÊãâÉßß Â¼ß ßà£ßàËßà±ß¾ßíïÞ ëÝ~§Æãè~£ß ÑìÞ
• àÀµßíëàÖÄß ¶~ß¼ßëÃÖ ËßÞ Ðß¼ß¾ßßÞ£ßÀßÉß ßËßà±ß~ Âµß Ðßë Ðß¼ßãßß ~ã Ìßß£ßã Ñì £ßßà~ Ëßë ÌßíëàÛß¼ß ¼ßß²ßãÖÞâÀß, ¼ßßµß ËßÞ à²ßËßßÀ¢ß ßËßÍ¾ß~£ßßßëÝ ~íë µßæÀß ~À Ðßë~.
8.1.4 ÑëâÌßß ë~ àÉß ËßÞ /¾ßß ÌßíëàÛß¼ß §æÀ ~À²ßë ë~ àÉß ²ßãà£ß ËßÞ ÑëÌßëÐß/ µßÆÍßß¼ß~íëÝ ë~ µßÆºßßËßãµß²ß ~íë ÌßßÀã ÀÛß²ßë Ñë£ßä ¼ßß²ßãÖÀ ~À²ßë ~~ã µßÆàÆ~¾ßßïÞ ËßÞ À¢ß²ßãà£ß
~ãè~£ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ë~ àÉß ¹ßíëÊÃ ~ã àËßàºß²²ß ²ßä¼ßßëàÞ§£ß ²ßãà£ß¾ßíïÞ ¾ßß²ßã à~ ¹ßßÌßßÀ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ²ßãà£ß, §ëÍßËßßÀ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ²ßãà£ß, à²ßËßëÍß ²ßãà£ß, ¶~ßÀë¬Ðß
²ßãà£ß àËß®¼ßß²ß ÑìÝ. ²ßãà£ß ÌßíëàÛß¼ß à²ß±ßßÃÀ¢ß, µßÑ½ßß²ß ËßÞ ¼ßßµß ËßÞ µßÆÍßß¼ß~, ÌßíëàÛß¼ß Ðßã¼ßß ËßÞ àÖÅßÀ, ÌßíëàÛß¼ß ¼ßß²ßãÖâÀß ËßÞ àÀµßëßàÖÄß ë~ àÉß ¶Æë~¼ßËßÃ~ µßÆ§ß²ß ~À£ßë
ÑìÝ.
Þ£ßÀßÃÏÖÅã¾ß ¹ßìÝ~íëÝ ë~ ÎÇíë¢ßã~À¢ß ë~ àÉß ¹ßìÝ~ ¼ßëÝ Ð~íëâÀß ¼ßíîÊÉß Ñì. Ð~íëâÀß ¼ßìàÖÅ¬Ðß ë~ ²ßäÐßßÀ ~ßÞÖÀµßßàÖÃ¾ßíëÝÃ °ßÀß µßÆßµ£ß µËßß¾ßÞÖ ë~ ß±ßßÀ µßÀ àËßàºß²²ß ¬ÐßµßíëÌßÀ
Ðßã¼ßßïÞ £ß¾ß ~ã Ìßß£ßã ÑìÝ.
~ãè~£ß ÌßíëàÛß¼ß µß¹ßÞ±ß²ß ²ßãà£ß ¼ßëÝ àËßàºß²²ß ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ß ÑìÝ ¾ßÑ Ðßäà²ßàÍ½ß£ß ~À²ßë à~ µßÆßÞÐßàÞß~ à²ß±ßã¾ß²ß ¾ßíëÌß²ßß ¹ß²ßß²ßë ë~ °ßÀß §¹ßßËß ~ã àÐ¦ßà£ß ë~ Ðß¼ß¾ß ½ßÉßà²ßà±ß
~ã àÐ¦ßà£ß ²ßäæ~Éß Ñì. µßÆ£¾ßë~ Ðß¼ß¾ß ¶Æë~¼ß ¼ßëÝ ÐßÑò¾ß Ðßã¼ßßïÞ ÑìÝ ßìÀ Ðßë~ ÉÉßÞ³ß²ß Ðßë ½ßÉßà²ßà±ß ¼ßëÝ ¹ßß±ßßïÞ ß²ßë ~ß ÐßÞë~£ß µßÆ§ß²ß ~ÀëÝßë.
8.2 µßàÀ¼ßß¢ßß£¼ß~ µßÆ~Öã~À¢ß
(Á. ~ÀíëÊíëÝ ¼ßëÝ)
Æ~¼ß ÐßÞ àËßËßÀ¢ß µßæÞÌßã ßËßÍ¾ß~£ßß ~ã ÀßàÍß
~) ¹¾ßßÌß §À ÌßíëàÛß¼ß 151.17
Ûß) ¨Ãà¬½ßÖã àÐ¦ßà£ß ÌßíëàÛß¼ß 30.73
ß) àËß§ëÍßã ¼ßä§Æß ÌßíëàÛß¼ß
9. µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß
9.1.1 À¢ß²ßãà£ß ËßÞ µßÆàÆ~¾ßßïÞ
¹ßìÝ~ ~ß µßàÀ½ßßÉß~ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßä§èÜ ÐßÞß×²ßß£¼ß~ ÐßÞÐè~à£ß ËßÞ ÐËßÐ¦ß µßàÀ½ßßÉß~ µßÆàÆ~¾ßß, ~ßµßíëÃÀëÖ ¼ßæÉ¾ßíëÝ ÐßàÑ£ß, µßÆËßèà££ß, Ðßß¼ß£ßß, ßÞ£ßàÀ~ à²ß¾ßÞ¥ß¢ß ÐßÞÐè~à£ß,
µßÆºßßËßã ßÞ£ßàÀ~ àÀµßíàÖÄß ËßÞ µßÆßÐßÞàß~ ¾ßíëÌß²ßß ¾ßä¬£ß ÑìÝ. ¹ßìÝ~ ¼ßëÝ µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ë~ àÉß ²ßãà£ß¾ßíïÞ ¹ß²ßß¾ßã ß¾ßã ÑìÝ.
9.1.2 Ðß¹ßÞ« ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ~ã ÐßÞÀ½ß²ßß ËßÞ ÐßÞß×²ß
¹ßìÝ~ ¼ßëÝ µßàÀ½ßßÉß~ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ~ã ÐßÞÀ½ß²ßß à²ß¼²ß µßÆ~ßÀ Ñì.
• à²ß§ëÍß~ ¼ßÞÊÉß
• ¹ßíëÊÃ ~ã ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß
• µßàÀ½ßßÉß~ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß (ßëßÀ¼ßÐßã)
• ¼ßÑßµßÆ¹ßÞ±ß~, ~ãè~£ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß àËßºßßß, µßÆ.~ß (¼ßäÛ¾ß ÌßíëàÛß¼ß ~ß¾ßÃµßßÉß~)
• µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ~ß (ß¨ÃßÀ¼ßÊã) µßÆ~ß
9.1.3 ÌßíëàÛß¼ß àÀµßëßàÖÄß ~ß ~ß¾ßÃßë¥ß ËßÞ µßÆè~à£ß ËßÞ/¾ßß ¼ßßµß µßÆ¢ßßÉßã
ÌßíëàÛß¼ß àÀµßíëàÖÄß ¼ßëÝ ÍßßÛßßßëÝ/~ß¾ßßÃÉß¾ßíëÝ ¼ßëÝ ÉßíëßíëÝ, µßÆàÆ~¾ßß µßÆíì®íëàß~ã ËßÞ ¹ßßÑò¾ß ÆÃËßëÝÖ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ Ñíë²ßë ËßßÉßã µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß Ñßà²ß ~ã ³ßÖ²ßßïÞ à²ßàÑ£ß ÑìÝ. Ñßà²ß
¨ÃËßëëÝÖ ë~ ß±ßßÀ µßÀ ¼ßß¨ÃÐß ~ã £ßì¾ßßÀã ë~ àÉß àËßàºß²²ß ÐßÆíë£ßíë Ðßë ÊßÖß µßÆßµ£ß à~¾ßß Ìßß£ßß Ñì.
9.1.4 ÑëâÌßß ë~ àÉß ËßÞ /¾ßß ÌßíëàÛß¼ß §æÀ ~À²ßë ë~ àÉß ²ßãà£ß ËßÞ ÑëÌßëÐß/ µßÆÍßß¼ß~íëÝ ë~ µßÆºßßËßãµß²ß ~íë ÌßßÀã ÀÛß²ßë Ñë£ßä ¼ßß²ßãÖÀ ~À²ßë ~ã µßÆàÆ~¾ßßïÞ ËßÞ À¢ß²ßãà£ß
¹ßìÝ~ ¼ßëÝ µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ à²ß¼²ß ²ßãà£ß¾ßíïÞ ¹ß²ßß¾ßã ÑìÝ.
• ~ãè~£ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ²ßãà£ß - µßàÀ½ßßÉß~ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ²ßãà£ß ¼ßëÝ µßàÀ½ßßÉß~ ÌßíëàÛß¼ß, ÌßíëàÛß¼ß µß¹ßÞ±ß²ß ÐßÞÀ½ß²ßß, µßÑ½ßß²ß, à²ß±ßßÃÀ¢ß, µßàÀ½ßßÉß~ ÌßíëàÛß¼ß ~ã
¼ßßµß ËßÞ ¼ßß²ßãÖâÀß ~ËßÀ ~À£ßë ÑìÝ.
60
l The reports are used to monitor performance and risk, manage business activities in accordance with banks strategy.
l The reporting system ensures timeliness, reasonable accuracy with automation. The reports are flexible and enhance
decision-making process.
l The Dealing room activities are centralized
l The reporting formats & the frequency is periodically reviewed so as to ensure that they suffice the risk monitoring,
measuring and mitigation requirements of the Bank.
8.1.4. Policies for hedging and/or mitigating risk and strategies and processes for monitoring the continuing
effectiveness of hedges/mitigants:
Various Board approved policies viz., Integrated Risk Management Policy, Country Risk Management Policy, Investment
Policy and Forex Policy are put in place for market risk management. The policies provide the framework for risk assessment,
identification and measurement and mitigation, risk limits & triggers, risk monitoring and reporting.
Bank has in place a scoring model for categorization of International banks. The various exposure limits are set based on the
points secured by the counterparties as per the scoring matrix.
Integrated Risk Management policy lays down various guidelines to ensure that the liquidity position is comfortable at times
of stress by formulating contingency funding plan. Tolerance levels are incorporated under each time frame and any breach
of the same would signal a forthcoming liquidity constraint.
8.2.Quantitative disclosures:
(Rs.in crore)
Sl No Particulars Amount of capital requirement
(a) Interest rate risk 151.17
(b) Equity position risk 59.33
(c) Foreign exchange risk
9. OPERATIONAL RISK:
9.1. Qualitative disclosures:
9.1.1. Strategies and processes:
The Operational Risk Management process of the Bank is driven by a strong organizational culture and sound operating
procedures, involving corporate values, attitudes, competencies, internal control culture, effective internal reporting and
contingency planning. Policies are put in place for effective management of Operational Risk in the Bank.
9.1.2. The structure and organization of the relevant risk management function:
The Operational Risk Management Structure in the Bank is as under:
l Board of Directors
l Risk Management Committee of the Board
l Operational Risk Management Committee (ORMC)
l GM of Integrated Risk Management Department, HO (Chief Risk Executive)
l Operational Risk Management Cell (IRMD),HO
9.1.3. The scope and nature of risk reporting and/or measurement systems:
The Risk reporting consists of operational risk loss incidents / events occurred in branches / offices relating to people,
process, technology and external events. The data collected from different sources are used for preparation of MIS on loss
event types.
9.1.4. Policies for hedging and/or mitigating risk and strategies and processes for monitoring the continuing
effectiveness of hedges/mitigants:
Bank has put in place the following polices pertaining to Operational Risk Management.
l Integrated Risk Management Policy - Operational Risk Management: The policy covers the terms of operational
risk, risk management structure, identification, assessment, measurement and monitoring of operational risk..
61
• ²ßäµßßÉß²ß ²ßãà£ß: ¹ßìÝ~ ¼ßëÝ~ Ðß¼ßßÆ ²ßäµßßÉß²ß ²ßãà£ß Ñì. ¹ßìÝ~ °ßÀß µß²ßß¾ßã ß¾ßã ²ßãà£ß ë~ ²ßäÐßßÀ ßÞ½ßàÉß~ ~ß¾ßßÃÉß¾ß, µßÆ~ß ë~ àËßàºß²²ß µßàÀ½ßßÉß~ àËßºßßß ËßÞ
ÍßßÛßßßëÝ ¼ßëÝ àËßàºß²²ß àËßºßßßíëÝ ¼ßëÝ ²ßäµßßÉß à±ß~ßàÀ¾ßíëÝ ~ã ºßæà¼ß~ß ËßÞ ££ßÀ§ßà¾ß£Ëß ¹ß²ßß¾ßë ß¾ßë ÑìÝ £ßßà~ ßÆäµßËßßÀ ËßÞ ¹ßÑäàËß±ß ßë¥ßßà±ß~ßÀ ²ßäµßßÉß²ß ÌßíëàÛß¼ß
µßÀ ~ß¾ßÃ ~À ÐßëÝ~.
9.2 µßàÀ½ßßÉß~ ÌßíëàÛß¼ß µßæÌÞ ßã à²ß±ßßÃÀ¢ß
¹ßìÝ~ ²ßë ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßì~ °ßÀß àËßà²ßà§ÃÏÖ²ßß²ßäÐßßÀ µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß µßÀ µßæÞÌßã µßÆºßßÀ µßàÀ~Éß²ß ~À²ßë ë~ àÉß ¹ßëàÐß~ ÞàÊë~ÖÀ µßÆíë½ß µß²ßß¾ßß Ñì.
10. ¹ßìâÝ ~ß ¹ßä~ ¼ßëÝ ¹¾ßßÌß §À ÌßíëàÛß¼ß (ß¨ÃßÀßÀ¹ßã¹ßã)
¹¾ßßÌß §À ë~ àËßà²ß¾ß¼ß²ß Ðßë, àËßà²ß¼ß¾ß §À µßÆ¢ßßÉßã ë~ §ßÀã~À¢ß, ¹ßßÞÊ ë~ àÉß à°£ßã¾ß~ ¹ßßÌßßÀ ~ß àËß~ßÐß ËßÞ àËß££ßã¾ß µßÆ¢ßßÉßã ~ã Ë¾ßßµß~£ßß ¹ßÜ²ßë ë~ ~ßÀ¢ß
¹ßìÝ~ ¹¾ßßÌß §À ÌßíëàÛß¼ß, ½ßÉßà²ßà±ß ÌßíëàÛß¼ß, àËßà²ß¼ß¾ß §À ÌßíëàÛß¼ß £¾ßßà§ ~íë ¬ÐßµßíëÌß Ñíë Ðß~£ßë ÑìÝ. ßàÐ£ß §ë¾ß£ßß µßÆ¹ßÞ±ß²ß ¼ßëÝ àËßàºß²²ß ÌßíëàÛß¼ßíëÝ ~ã ¼ßß²ßãÖâÀß ËßÞ
µßÆ¹ßÞ±ß²ß ë~ ¼ßßµß ~À²ßë ë~ àÉß Ë¾ßßµß~ ËßÞ ßà£ßÍßãÉß ¶Æë~¼ßËßÃ~ à²ßàÑ£ß ÑìÝ. ¹ßìÝ~ ë~ Ðß¼ßßÆ ÌßíëàÛß¼ß ~íë ÐßÑ²ßë ~ã ß¼ß£ßß ë~ Þ£ßßÃ£ß à²ßËßÉß ¹¾ßßÌß ß¾ß ~íë ¹ßÜß²ßë Éß¼ß
~ß µßÆ±ßß²ß §ò§ëÍ¾ß Ñì.
Ðß¼ßä£¦ßß²ß Íßà¬£ß ËßÞ/¾ßß Ðßë~ µßÆºßßËß ~ß ²ßä¼ßß²ß Éßßß²ßë ½ßÉßà²ßà±ß ËßÞ ¹¾ßßÌß §À ÐßÞÀ½ß²ßßßëÝ ë~ °ßÀß àËßàºß²²ß ÐÖÅëÐß ÖëÐÖ à~¾ßë Ìßß£ßë ÑìÝ. àËßàºß²²ß ßàÐ£ß¾ßëßÞ ËßÞ
§ë¾ß£ßßßëÝ ¼ßëÝ ¹¾ßßÌß §ÀíëÝ ¼ßëÝ µßìÀÉßÉß àÍß¶~òÖ ë~ ÌßàÀß ÌßíëàÛß¼ß µßÀ ÌßÃ²ß ~íë ¼ßæÉ¾ßßÞà~£ß ~À£ßß Ñì ËßÞ ¹ßëàÐßÐß ÌßíëàÛß¼ß ºßã.
ÐÖÅëÐß ~ã àÐ¦ßà£ß ºßßÞµß~À ÐÖÆëÆÐß ÖëÐÖ à~¾ßë Ìßß£ßë ÑìÝ, ~¢ß ~ã µßæËßÃºßäß£ßß²ß, Ìß¼ßß ë~ µßàÀµß¬Ëß£ßßµßæËßÃ ¬ÉßëßÌßÀ ÌßìÐßíëÝ ë~ °ßÀß Ë¾ßËßÑßÀß£¼ß~ ±¾ß¾ß²ß ë~ àÉß ÌßÑíïÞ ¼¹ßëÊëÊ
ßîµÍß²ß ÑìÝ ÐÖëÆÐß ÖëÐÖ à~¾ßë Ìßß£ßë ÑìÝ.
ß¨ÃßÀßÀ¹ßã/ÌßÃ²ß µßàÀµßÆë¾ß ë~ µßàÀ~Éß²ß ë~ àÉß ºßßàÀ¹ßìÝ~ °ßÀß ¹ß²ßß¾ßß ß¾ßß µßÀÞµßÀßß£ß ßìµß àËßÍÉßëÏß¢ß ~ß µßßÉß²ß à~¾ßß Ìßß£ßß Ñì.
µßÆà£ßÍß£ß Íß£ßíëÄ ¼ßëÝ ¨Ãà¬ËßÖã ë~ ¹ßßÌßßÀ ¼ßæÉ¾ß ë~ ¹¾ßßÌß §À µßàÀËß£ßÃ²ß ë~ µßÆºßßËß ~ß à²ß±ßßÃÀ¢ß ~À²ßë ÊÅß¶~Ö ¼ßßßÃ§ÍßãÃÆ àÐß«ßÞ£ßíëÝ ¼ßëÝ ºßßàÀ¹ßìÝ~ °ßÀß ¹ß£ßß¾ßë ²ßäÐßßÀ ÐßÞÍßíëà±ß£ß
Êè¾ßæÀëÍß²ß ßìµß µß«à£ß ~ß µßßÉß²ß à~¾ßß Ìßß£ßß Ñì.
ßîÉ~íë ËßìàÍËß~ Ð£ßÀ µßÀ, ³ßÀëÉßæ Ð£ßÀ µßÀ ¹ßèÑ£ßò ßà¦ßÃ~ µßàÀ§èÍ¾ß ßìÀ Éßßß£ß-Éßßºß, àÐµß²ß ßî¶~, àËß££ßã¾ß Ðß¼ßßËßëÍß²ß ËßÞ ²¾ß ~¨Ã µßÑÉßäßëÝ µßÀ àËß½ßßÀ ~À²ßë ë~
¹ßß§ ßàÐ£ß ËßÞ §ë¾ß£ßßßëÝ ~ß ¹¾ßßÌß §À à²ß±ßßÃÀ¢ß ~À²ßë ~ß à²ß¢ßÃ¾ß ~À£ßß Ñì.
10.1.1 À¢ß²ßãà£ß ËßÞ µßÆàÆ~¾ßßïÞ: àËßàºß²²ß µßàÀ§èÍ¾ß ~íë àÐß¼ßäÉßëÖ ~À£ßë Ñä µßÑÉßë Ñã ÐÖÅëÐß ÖëÐÖ ~À²ßë ë~ °ßÀß ÌßíëàÛß¼ß à²ßËßßÀ¢ß ~ã ²ßãà£ß µß²ßß¾ßã Ìßß£ßã Ñì £ßßà~
ÐßÞºßßËßã ³ßÖ²ßß Ðßë £ßë¾ßßÀ ÀÑ ÐßëÝ~ ßìÀ ßËßÍ¾ß~ Ñíë £ßíë Ðß~íë §æÀ ~À ÐßëÝ~. ßàÐ£ß ËßÞ §ë¾ß£ßß ë~ ÐßÞà¼ßÎÇß¢ß ë~ µßàÀËß£ßÃ²ß °ßÀß, ¾ßæà²ßÖã ë~ ²ßÌß§ã~ Êò¾ßæÀëÍß²ß ßìµß
~íë Éßß²ßë ë~ °ßÀß, ¹¾ßßÌß §ÀëßÞ ¼ßëÝ µßàÀËß£ßÃ²ß ë~ °ßÀß ÌßíëàÛß¼ß ~íë §æÀ ~À²ßë ~ã µßÆàÆ~¾ßß ~ã µßÑÉß ~ã Ìßß£ßã Ñì.
10.1.2 Ðß¹ßÞ« ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ~ã ÐßÞÀ½ß²ßß ËßÞ ÐßÞß×²ß: Éß¼ß ²ßäºßßß ¼ßÑßµßÆ¹ßÞ±ß~ ß¨ÃßÀ¼ßÊã ~íë àÀµßíëÖÃ ~À£ßß Ñì ÐßÞÀ½ß²ßß£¼ß~ ½ßÉßà²ßà±ß Ðß¼ßë£ß àËßàºß²²ß
àËßÏß¾ßíëÝ µßÀ Éß¼ß àÀµßíëÖíëÄ, ¹¾ßßÌß §À ~ã ÐßÞËßë§²ßÍßãÉß£ßß ËßÞ ÉµßßËßà±ß ßà£ßÍßãÉß ½ßÉßà²ßà±ß àËßËßÀ¢ß µßßàß~ £ßíìÀ µßÀ ßîÉ~íë ~íë µßÆÐ£ßä£ß à~¾ßë Ìßß£ßë ÑìÝ ßìÀ ¼ßßàÐß~
£ßíìÀ µßÀ ¹ßíëÊÃ ~ã ÌßíëàÛß¼ß µß¹ßÞ±ß²ß Ðßà¼ßà£ß ~íë. ßîÉ~íëÝ ¹ßìÝ~ ë~ ±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍß~ °ßÀß ±¾ßß£ßß ~ã Ìßß£ßã Ñì ßìÀ ~ß¾ßÃµßßÉß~ à²ß§ëÍß~ ËßÞ ~ß¼ß~ßÌßã
àËßºßßßíëÝ ë~ ¼ßÑßµßÆ¹ßÞ±ß~ Ðßë~ Ðß§Ð¾ß ÑìÝ.
10.1.3 ÌßíëàÛß¼ß àÀµßëßàÖÄß ËßÞ /¾ßß ¼ßßµß µßÆ¢ßßÉßã ~ß ~ß¾ßÃßë¥ß ËßÞ µßÆè~à£ß: ½ßÉßà²ßà±ß ËßÞ ¹¾ßßÌß §À ÐßÞËßë§²ßÍßãÉß£ßß àËßËßÀ¢ß ½ßÉßà²ßà±ß àÐ¦ßà£ß ËßÞ ¹ßìÝ~ ë~ ¹¾ßßÌß §À
ÌßíëàÛß¼ß ~íë àËßËßàÀ£ß ~À£ßë ÑìÝ. ¹ßíëÊÃ ë~ ²ßä¼ßíë§²ß Ðßë ÐßÑò¾ß Ðßã¼ßßïÞ £ß¾ß ~ã Ìßß£ßã ÑìÞ, àÌßÐßë~ Þ£ßßÃ£ß ¹ßìÝ~ ~íë ~ß¼ß ~À²ßß Ñíë£ßß Ñì. à~Ðßã µßÆ~ßÀ ë~ ÉÉßÞ³ß²ß Ñíë²ßë
µßÀ ßîÉ~íë ~íë àÀµßíëÖÃ à~¾ßß Ìßß£ßß Ñì àÌßÐßÐßë µß½ßßÀß£¼ß~ µßß¾ß à~¾ßë Ìßß£ßë ÑìÝ.
10.1.4 ÑëâÌßß ë~ àÉß ËßÞ /¾ßß ÌßíëàÛß¼ß §æÀ ~À²ßë ë~ àÉß ²ßãà£ß ËßÞ ÑëÌßëÐß/ µßÆÍßß¼ß~íëÝ ë~ µßÆºßßËßãµß²ß ~íë ÌßßÀã ÀÛß²ßë Ñë£ßä ¼ßß²ßãÖÀ ~À²ßë ~~ã µßÆàÆ~¾ßßïÞ ËßÞ
À¢ß²ßãà£ß
à~Ðß µßÆ~ßÀ ½ßÉßà²ßà±ß ÌßíëàÛß¼ß ËßÞ ¹¾ßßÌß §À ÌßíëàÛß¼ß ~íë ~¼ß à~¾ßß Ìßß Ðßë~, ßîÉ~íë °ßÀß à²ßËßßÀ¢ßß£¼ß~ µßß¾ß à~¾ßë Ìßß£ßë ÑìÝ. ÀëàÐßÊäÉß ¼ßë½ßäàÀÖã ë~
ß±ßßÀ µßÀ ßîÉ~íë ~íë ½ßÉßà²ßà±ß ËßÞ ¹¾ßßÌß §À ÐßÞÀ½ß²ßß ~ã Ìßß²ß~ßÀã ë~ àÉß µßßàß~ àËßËßÀ¢ß µßÆÐ£ßä£ß à~¾ßë Ìßß£ßë ÑìÝ. àËßàºß²²ß Ðß¼ß¾ß ¹ßë~Ö ë~ Þ£ßßÃ£ß
½ßÉßà²ßà±ß ÌßíëàÛß¼ß ËßÞ ¹¾ßßÌß §À ÌßíëàÛß¼ß ¹ß£ßÉßß£ßë ÑìÝ. àËßÐ£ßè£ß Âµß ¼ßëÝ ¹ßìÝ~ ~ã àÐ¦ßà£ß µßÀ ±¾ß¾ß²ß ë~ ¹ßß§ ßîÉ~íë à¼ßÐß¼ßë½ß ~íë ~¼ß ~À²ßë ë~ àÉß àËßÐ£ßè£ß Âµß
¼ßëÝ À¢ßã²ßãà£ß¾ßíïÞ ¹ß²ßß£ßß Ñì £ßßà~ ½ßÉßà²ßà±ß ËßÞ ¹¾ßßÌß §À ÌßíëàÛß¼ß ~¼ß à~¾ßß Ìßß Ðßë~.
10.2 µßàÀ¼ßßß¢ßß£¼ß~ µßÆ~Öã~À¢ß
31.03.2009 ~íë ~ßÉµßà²ß~ §À ë~ àÉß ¨Ãà¬ËßÖã ë~ ÌßÃ²ß ßà¦ßÃ~ ¼ßæÉ¾ß ~ß~ µßÆºßßËß
62
l Compliance Policy: The Bank has in place a Comprehensive Compliance Policy. As per the Policy adopted by the Bank,
suitable organizational structure has been laid down defining the roles and responsibilities for Compliance Officers of
various Departments, Zonal Offices, other operating departments at HO and branches, so as to address group wide and
multi jurisdictional compliance risk. Suitable reporting system is also put in place to ensure effective implementation of
Compliance Policy Bank wide.
9.2 Operational risk capital assessment:
The Bank has adopted Basic Indicator Approach for calculating capital charge for Operational Risk, as stipulated by the
Reserve Bank of India.
10. INTEREST RATE RISK IN THE BANKING BOOK (IRRBB):
10.1. Qualitative Disclosures:
With the deregulation of interest rates, liberalization of exchange rate system, development of secondary markets for bonds
and deepening and widening of financial system, Banks are exposed to interest rates risk, liquidity risk, exchange rate risk
etc., Asset Liability Management outlays a comprehensive and dynamic framework for measuring monitoring and managing
various risks. Primary objective of ALM is to maximize the Net Interest Income within the overall risk bearing capacity of the
Bank.
Various stress tests are conducted by varying the liquidity and interest rate structure to estimate the resilience and/or the
impact. It evaluates the Earnings at Risk by means of parallel shift in the interest rates across assets and liabilities as also
basis risk.
The stress tests are carried out by assuming stress conditions wherein embedded options are exercised like prepayment of
loans and premature closure of deposits much above the revelations of the behavioral studies to test the stress levels.
Traditional Gap Analysis method suggested by RBI is followed for calculation of IRRBB Earnings perspective
Modified Duration Gap method is followed, as suggested by RBI in its draft guidelines, to assess the effect of interest rate
changes on the Market Value of Equity in percentage terms
The ALCO decides on the fixation of interest rates on both assets and liabilities after considering the macro economic outlook
both global and domestic, as also the micro aspects like cost-benefit, spin offs, financial inclusion and a host of other
factors.
10.1.1. Strategies and processes: The strategy adopted for mitigating the risk is conducting stress tests before hand by
simulating various scenarios so as to be in preparedness for the plausible event and if possible in mitigating it. The process
for mitigating the risk is initiated by altering the mix of asset and liability composition, bringing the duration gap closer to unity,
change in interest rates etc.
10.1.2. The structure and organization of the relevant risk management function: The ALM section reports to the
General Manager IRMD and the ALM reports on various subjects/ topics along with the structural liquidity, the interest rate
sensitivity and short term dynamic liquidity statements are presented to the ALCO on fortnightly basis, and to the Risk
Management Committee of the Board on monthly basis. The ALCO is chaired by the Chairman & Managing Director of the
Bank and has the Executive Director and GMs of functional Departments as its members.
10.1.3. The scope and nature of risk reporting and /or measurement systems: The liquidity and interest rate sensitivity
statements reveal the liquidity position and the Interest rate risk of the Bank. With the approval by the Board, tolerance level
is stipulated, within which the Bank is to operate. Any breach in the limits is reported to the ALCO which in turn directs
remedial measures to be initiated.
10.1.4. Policies for hedging and or/mitigating risk and strategies and process for monitoring the continuing
effectiveness of hedges/mitigants: Mitigating measures are initiated in the ALCO on how to contain the liquidity risk and
interest rate risk. The fortnightly statements presented to the ALCO reveal the liquidity and interest rate structure based on
residual maturity. The gap position under various time buckets denotes the liquidity risk and interest rate risk. The ALCO on
studying the gap position in detail evolves the strategies to reduce the mismatches in order to minimise the liquidity and
interest rate risks.
10.2. Quantitative Disclosures:
The impact on earnings and economic value of equity for notional interest rate shocks, as on 31-03-2009.
63
10.2.1 ÌßíëàÛß¼ß µßÀ ÌßÃ²ß

¹¾ßßÌß §À ¼ßëÝ µßàÀËß£ßÃ²ß 1 ËßÏßÃ µßÀ àÀµßÆßâÐßß
0.25% 16.27
0.50% 32.54
0.75% 48.80
1.00% 65.07
10.2.2 ¨Ãà¬ËßÖã ~ß ßà¦ßÃ~ ¼ßæÉ¾ß (Á. ~ÀíëÊíëÝ ¼ßëÝ)

¨Ãà¬ËßÖã ¼ßæÉ¾ß ¼ßëÝ 200 ¹ßãµßãÐß §À Íßíî~ ë~ àÉß
(µßÆßÀàß£ßã Ðß¼ßë£ß) Á. 302.68 ~ÀíëÊ
64
10.2.1. EARNINGS AT RISK

(Rs. in crore)
Change in interest rate Repricing at 1 year

0.25% 16.27
0.50% 32.54
0.75% 48.80
1.00% 65.07
10.2.2. ECONOMIC VALUE OF EQUITY

(Rs. in crore)
For a 200 bps rate shock the drop in equity
value (including reserves) 302.68 crores
65
ª~ßµßíëÃÀëÖ ßËß²ßëÄÐß àÀµßíëÖÃ

1. ª~ßµßíëÀÃ Öë ßËß²ßëÐÄ ß - §ÍßÃ²ß
ß²±ßÆß ¹ßìÝª~ ª~ß §ÍßÃ²ß ßÆßÑª~íëÝ ª~ã à²ßÀÞ£ßÀ ¹ß§Éß£ßã ßËßÍ¾ßª~£ßßßëÝ ªë~ µßÆà£ß µß²ßã ßà£ßÍßãÉß£ßß ÌßßÀã ÀÛß²ßß Ñì. ¹ßìÝª~ ª~ß àËßÍËßßÐß Ñì àª~ ^µß¾ßä{£ß ª~ßµßíëÃÀëÖ
ßËß²ßëÄÐß Ë¾ßËßÐßß¾ß ªë~ µßÆºßßËßã µßÆ¹ßÞ±ß²ß ©ËßÞ à²ß¾ßÞ¥ß¢ß ¼ßëÝ ¼ß§§ §ë£ßß Ñì. ¨ÐßÐßë ¹ßìÝª~ µß²ßë Ë¾ßßËßÐßßà¾ßª~ ²ßãà£ß µßÀª~ ªë~ Ð£ßÀ ª~íë ¹ß²ßß¾ßë ÀÛß£ßß Ñì ßìÀ µß²ßë Ðßºßã
µß¢ß±ßßàÀ¾ßíëÝ ªë~ àÉß© ¼ßæÉ¾ß ¼ßëÝ Ëßèà« ª~À£ßß Ñì. ª~ßµßíëÃÀëÖ ßËß²ßëÄÐß ª~ß àÐß«ßÞ£ß ^½½ßÐ£ßÀã¾ß µßßÀ§àÍßÃ£ßß, ^££ßÀ§ßà¾ß£Ëß, àÌß¼¼ßë§ßÀã ßìÀ µß¢ß±ßßàÀ¾ßíëÝ ¼ßëÝ ¼ßæÉ¾ßíëÝ ªë~
à²ß¼ßßÃ¢ß ªë~ Ðßß¦ß àËß££ßã¾ß àÐ¦ßÀ£ßß µßÆßµ£ß ª~À²ßë ªë~ àÉß© ¹ßìÝª~ ª~ã µßÆà£ß¹ß«£ßß ª~ã ßËßÍ¾ßª~£ßß Ñì. ÐßÞßëµß ¼ßëÝ ^§ò§ëÍ¾ß à²ß¼²ß µßÆª~ßÀ Ñì.
n ²ßìà£ß~ àÐß§ò±ßßÞ£ßßëÝ ËßÞ §ëÍß ë~ àËßà±ß ¶Æë~¼ßËßÃ~ ë~ Þ§À µß¢ß±ßßàÀ¾ßíëÝ ªë~ ¼ßæÉ¾ß ¼ßëÝ Ëßèà« ª~À²ßß
n ßÆßÑª~íëÝ, ª~¼ßÃ½ßßàÀ¾ßíëÝ ßìÀ Ðß¼ßßÌß Ðß¼ßë£ß Íßë¾ßÀ±ßßÀª~íëÝ ßìÀ ²¾ß µß¢ß±ßßàÀ¾ßíëÝ ª~ë àÑ£ß ª~ã Àßß ª~À²ßß
n ÐßÞµßÆëÏß¢ß ¼ßëÝ µßßÀ§àÍßÃ£ßß ßìÀ ©ª~ãª~À¢ß ª~íë Ðßäà²ßàÍ½ß£ß ª~À²ßß ßìÀ Ðßºßã ÐßÞ¹ßÞà±ß£ßíëÝ ª~íë µßæ¢ßÃ, ÐßÑã ßìÀ ÐµßÏÖ Ðßæ½ß²ßß ^µßÉß¹±ß ª~Àß²ßß.
2. à²ß§ëÍßª~ ¼ßÞÊÉß
2.1 ß²±ßÆß ¹ßìÝª~ ª~ß ß×²ß ¹ßìÝª~ª~ßÀã ª~¼µß²ßã (^µßªÆ~¼ßíëÝ ª~ß à±ßßÆÑ¢ß ©ËßÞ Þ£ßÀ¢ß) à±ßà²ß¾ß¼ß 1980 ë~ £ßÑ£ß £ß§²ßäÂµß ²ß¾ßß ¹ßìÝª~ àª~¾ßß ß¾ßß.
2.2 ¹ßíëÊÃ ª~ß ß×²ß ¹ßìÝª~ª~ßÀã ª~¼µß²ßã (^µßªÆ~¼ßíëÝ ª~ß à±ßßÆÑ¢ß ©ËßÞ Þ£ßÀ¢ß) à±ßà²ß¾ß¼ß 1980 ßìÀ ÀßÏÖÅã¾ßªè~£ß ¹ßìÝª~ (µßÆ¹ßÞ±ß²ß ©ËßÞ àËßàËß±ß µßÆßËß±ßß²ß) ¾ßíëÌß²ßß
1980 ªë~ ²ßäÐßßÀ àª~¾ßß ß¾ßß.
2.3 ¹ßíëÊÃ ª~ß µßÆ¼ßäÛß ±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~ ÑìÝ àÌßÐßª~ã à²ß¾ßäà{£ß ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝÞª~ ªë~ µßÀß¼ßÍßÃ Ðßë ºßßÀ£ß ÐßÀª~ßÀ °ßÀß ª~ã Ìßß£ßã Ñì. ±¾ßß ©ËßÞ µßÆ¹ßÞ±ß
à²ß§ëÍßª~ ª~ã à²ß¾ßäà{£ß ¹ßìÝª~ª~ßÀã ª~¼µß²ßã (^µßªÆ~¼ßíëÝ ª~ß à±ßßÆÑ¢ß ©ËßÞ Þ£ßÀ¢ß) à±ßà²ß¾ß¼ß 1970/1980 ª~ã ±ßßÀß 9 ª~ã ^µß±ßßÀß (3) ªë~ ÛßÞÊ (©) °ßÀß
µßÆ§££ß à±ßª~ßÀíëÝ ª~ß µßÆ¾ßíëß ª~À£ßë Ñä© ßìÀ ÀßÏÖÅã¾ßªè~£ß (µßÆ¹ßÞ±ß²ß ©ËßÞ àËßàËß±ß µßÆßËß±ßß²ß) ¾ßíëÌß²ßß 1970/1980 ªë~ ÛßÞÊ 3 ªë~ ^µßÛßÞÊ (1), ÛßÞÊ 5, ÛßÞÊ
6, ÛßÞÊ 7 ßìÀ ÛßÞÊ 8 ªë~ ^µßÛßÞÊ (1) ªë~ ÐßÞ§ºßÃ ¼ßëÝ ª~ã Ìßß£ßã Ñì.
2.4 ¹ßìÝª~ ªë~ µßæ¢ßÃª~ßàÉßª~ à²ß§ëÍßª~ (ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~) ª~ã à²ß¾ßäà{£ß ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ ªë~ µßÀß¼ßÍßÃ Ðßë ªëÝ~§Æ ÐßÀª~ßÀ °ßÀß ª~ã Ìßß£ßã Ñì Ìßíë ¹ßíëÊÃ ª~ß ºßã ©ª~
Ðß§Ð¾ß Ñì, ¹ßìÝª~ ªë~ ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~ ª~ã à²ß¾ßäà{£ß ¹ßìÝª~ª~ßÀã ª~¼µß²ßã (^µßªÆ~¼ßíëÝ ª~ß à±ßßÆÑ¢ß ßìÀ Þ£ßÀ¢ß) à±ßà²ß¾ß¼ß 1970/1980 ª~ã ±ßßÀß 9 ª~ã
^µß±ßßÀß (3) ªë~ ÛßÞÊ (©) °ßÀß µßÆ§££ß à±ßª~ßÀíëÝ ª~ß µßÆ¾ßíëß ª~À£ßë Ñä© ßìÀ ÀßÏÖÅã¾ßªè~£ß ¹ßìÝª~ (µßÆ¹ßÞ±ß²ß ©ËßÞ àËßàËß±ß µßÆßËß±ßß²ß) ¾ßíëÌß²ßß, 1970/1980
ªë~ ÛßÞÊ 3 ªë~ ^µßÛßÞÊ (1) £ß¦ßß ÛßÞÊ 8 ªë~ ^µßÛßÞÊ (1) ªë~ £ßÑ£ß ª~ã Ìßß£ßã Ñì.
2.5 31 ¼ßß½ßÃ 2009 ª~íë 10 ²¾ß à²ß§ëÍßª~ (ßìÀ ª~ß¾ßÃµßßÉßª~) ÑìÝ àÌß²ß¼ßëÝ Ðßë ¹ßíëÊÃ ë~ Ðß§Ð¾ßíëÝ ë~ Âµß ¼ßëÝ 7 ÐËß£ßÞ¥ß à²ß§ëÍß~ ÑìÝ Ìßíë àËßàºß²²ß Ë¾ßßËßÐßßà¾ß~ ²ßäºßËßã
Ë¾ßà¬£ß ÑìÝ.
2.6 ¹ßíëÊÃ ²ßë à²ß¼²ßàÉßàÛß£ß Ðßà¼ßà£ß¾ßíëÝ ª~ß ß×²ß àª~¾ßß Ñì Ìßíë ¹ßìÝª~ ªë~ ¼ßÑ£Ëßµßæ¢ßÃ ª~ß¾ßÃßë¥ßíëÝ ªë~ ßËß²ßëÄÞÐß ßìÀ ¹ßìÝ~ ë~ ¼ßß¼ßÉßíëÝ ªë~ à²ß¾ßÞ¥ß¢ß µßÀ àËßÍßëÏß ±¾ßß²ß §ë£ßã ÑìÞ.
n µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß
n ÉßëÛßß µßÀãßß Ðßà¼ßà£ß
n Íßë¾ßÀ±ßßÀª~íëÝ ßìÀ à²ßËßëÍßª~ßëÝ ªë~ àÉß© àÍßª~ß¾ß£ß à²ßËßßÀ¢ß Ðßà¼ßà£ß
n ^½½ß ¼ßæÉ¾ß ª~ã ±ßíëÛßß±ßàÊ¾ßíëÝ µßÀ à²ßßÀß²ßã Ñë£ßä àËßÍßëÏß Ðßà¼ßà£ß
n àËßºßßßã¾ß µß§íë²²ßà£ß Ðßà¼ßà£ß
n ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß
n ßÆßÑª~ ÐßëËßß Ðßà¼ßà£ß
n Íßë¾ßÀ Þ£ßÀ¢ß Ðßà¼ßà£ß
n µßßàÀÎÇßà¼ß~ Ðßà¼ßà£ß
n ¹ßíëÊÃ ~ã ²ßß¼ßßÞ~²ß Ðßà¼ßà£ß
2.7 ¹ßßëÊÃ ª~ã Ðßà¼ßà£ß¾ßíëÝ ªë~ àËßËßÀ¢ß à²ß¼²ß µßèÏ×íëÝ µßÀ à§¾ßë ß¾ßë ÑìÝ.
2.8 ¹ßíëÊÃ ßìÀ ¨²ßª~ã Ðßà¼ßà£ß¾ßíïÞ Þ£ßÀßÉßíëÝ µßÀ ¹ßßÀÞ¹ßßÀ à¼ßÉß£ßã ÑìÝ ßìÀ ^½½ß Ð£ßÀã¾ß ßÆßÑª~ ÐßëËßß, ²ßãà£ßµßÀª~ ª~ß¾ßÃ ßìÀ ¹ßìÝª~ ªë~ µßëÍßëß£ß µßÆ¹ßÞ±ß²ß ª~íë Ðßäà²ßàÍ½ß£ß
ª~À²ßë ªë~ àÉß© àËßËßëª~µßæ¢ßÃ ©ËßÞ µßÆºßßËßã ÜÞß Ðßë µß²ßë ^§ò§ëÍ¾ßíëÝ ª~ã µßÆßàµ£ß ªë~ àÉß© ¹ßìÝª~ ª~íë à§Íßßà²ß§ëÃÍß §ë£ßã ÑìÝ.
2.9 ²ßãà£ß à²ß±ßßÃÀ¢ß, ª~ß¾ßÃà²ßÏµßß§²ß ª~ã Ðß¼ßãßß ßìÀ àËßÍÉßëÏß¢ß ÌßìÐßë ª~ß¾ßÃ ¹ßíëÊÃ °ßÀß àª~¾ßë Ìßß£ßë ÑìÝ. ¹ßíëÊÃ ²ßë ¹ßìÝª~ °ßÀß à²ß±ßßÃàÀ£ß ²ßãà£ß¾ßíëÝ ªë~ ²ßäÂµß ª~ß¾ßÃµßßÉßª~íëÝ
ßìÀ ¹ßìÝª~ ªë~ ª~ß¾ßÃµßßÉßª~íëÝ ª~ã Ðßà¼ßà£ß¾ßíëÝ ª~íë ¹ßÑä£ß Ðßë à±ßª~ßÀ µßÆ£¾ßß¾ßíëàÌß£ß àª~¾ßë ÑìÝ. µßÆ£¾ßß¾ßíëàÌß£ß à±ßª~ßÀßÞë ª~ã Ðß¼ßãßß Ðß¼ß¾ß-Ðß¼ß¾ß µßÀ ¹ßíëÊÃ °ßÀß ª~ã
Ìßß£ßã Ñì ßìÀ ¹ßìÝª~ ªë~ µßÆºßßËßã ª~ß¾ßÃ ªë~ àÉß© ßËßÍ¾ßª~ ÐßÞÍßíë±ß²ß àª~¾ßß Ìßß£ßß Ñì.
66
CORPORATE GOVERNANCE REPORT

1. CORPORATE GOVERNANCE - PHILOSOPHY
The Philosophy of Andhra Bank is to continue to remain dynamic to the ever changing needs of the customers. The
Bank believes that proper Corporate Governance facilitates effective management and control of business. This, in
turn, enables the Bank to maintain a level of business ethics and to optimize the value for all its stakeholders. The
principles of Corporate Governance require the commitment of the Bank to attain high standard of transparency,
accountability, responsibility and financial stability with the ultimate objective of building up values to the stakeholders.
The objectives can be summed up as under:
n Upholding the shareholders value within the principles of ethics and legal framework of the country;
n to protect interest of shareholders and other stakeholders including customers, employees and society at large;
n to ensure transparency and integration in communication and to make available full, accurate and clear information
to all concerned.
2. BOARD OF DIRECTORS
2.1 Andhra Bank has been constituted as corresponding new Bank under the Banking Companies (Acquisition & Transfer
of Undertakings) Act, 1980.
2.2 The Board is constituted in accordance with the Banking Companies (Acquisition & Transfer of Undertakings) Act,
1980 and Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1980.
2.3 The Board is headed by the Chairman & Managing Director who is appointed by the Central Government in consultation
with the Reserve Bank of India. The Chairman & Managing Director is appointed in exercise of the powers conferred
by Clause (a) of sub section (3) of Section 9 of the Banking Companies (Acquisition & Transfer of Undertakings) Act,
1970/1980 read with sub-clause (1) of clause 3, clause 5, clause 6, clause 7 and sub-clause (1) of clause 8 of
Nationalized Banks (Management and Miscellaneous Provisions) Scheme 1970/1980.
2.4 A whole time director (Executive Director) of the Bank appointed by the Central Government in consultation with
Reserve Bank of India is also a member of the Board. The Executive Director of the Bank is appointed in exercise of
the powers conferred by Clause (a) of sub-section (3) of Section 9 of the Banking Companies (Acquisition & Transfer
of Undertakings) Act, 1970/1980 read with sub-clause (1) of clause 3 and sub-clause (1) of clause 8 of the Nationalized
Banks (Management and Miscellaneous Provisions) Scheme, 1970/1980.
2.5 As on 31st March, 2009 there were 10 other directors (non executive) out of which 7 were independent directors as
the members of the Board represented by persons with diversified professional experience.
2.6 The Board has constituted various committees as under, which provides specific and focused governance in the
important functional areas and control the affairs of the Bank:
n Management Committee
n Audit Committee
n Shareholders and Investors Grievances Committee
n Special Committee for monitoring large value of frauds
n Departmental Promotion Committee
n Risk Management Committee
n Customer Service Committee
n Share Transfer Committee
n Remuneration Committee
n Nomination Committee of Board
2.7 The details of the committees of the Board are provided in the following pages.
2.8 The Board and its Committees meet at frequent intervals and guide the Bank to achieve its objectives in a prudent and
efficient manner to ensure high standards of customer services, ethical practices and professional Management of
the Bank.
2.9 The responsibilities such as policy formulations, performance review and analysis are discharged by the Board. The
Board has delegated various powers to the Executives and Committees of Executives of the Bank in tune with the
policies laid down by the Bank. The delegated powers are periodically reviewed by the Board and necessary revision
is made for effective functioning of the Bank.
67
2.10 ¹ßìÝª~ ª~ã ²ßãà£ß¾ßíëÝ ª~ã Ðß¼ßãßß ËßßàÏßÃª~ ß±ßßÀ µßÀ ª~ã Ìßß£ßã Ñì ßìÀ ¹ß§Éß£ßë µßàÀ§èÍ¾ß £ß¦ßß ¹ßßÌßßÀ ª~ã ¼ßßÞßíëÝ ªë~ ²ßäÂµß ßËßÍ¾ßª~ ßÍßíë±ß²ß àª~¾ßë Ìßß£ßë ÑìÝ.
2.11 ¹ßíëÊÃ ~ß ±¾ßß ~ ~ß¾ßÃµßßÉß~ à²ß§ëÍß~ ÑìëÝ £ßËß ¹ßíëÊÃ ë~ ~¼ß Ðßë ~¼ß 1/2 ÐËß£ßÞ¥ß à²ß§ëÍß~ ÑìÝ. £ß§²ßäÐßßÀ 31 ¼ßß½ßÃ 2009 ª~íë ¹ßíëÊÃ ª~ß ß×²ß à²ß¼²ß
µßÆª~ßÀ ÀÑß.
à²ß§ëÍßª~íëÝ ªë~ µßÆª~ßÀ à²ß§ëÍßª~ßÞë ª~ã ÐßÞÛ¾ßß
ª~ß¾ßÃµßßÉßª~ 2
ßìÀ- ª~ß¾ßÃµßßÉßª~ 10 (àÌß²ß¼ßëÝ Ðßë 7 ÐËß£ßÞ¥ß à²ß§ëÍß~ ÑìÝ.)
ªä~Éß 12
2.12 ËßÏßÃ 2008-2009 ªë~ §íìÀß²ß à²ß§ëÍßª~ ¼ßÞÊÉß ²ßë à²ß¼²ßàÉßàÛß£ß à£ßà¦ß¾ßíëÝ ¼ßëÝ 14 ¹ßßÀ ¹ßì×ªëÝ~ ß¾ßíëàÌß£ß ª~ã ÑìÝ
25.04.2008 19.08.2008 08.01.2009
08.05.2008 23.09.2008 29.01.2009
02.06.2008 31.10.2008 07.03.2009
23.06.2008 06.12.2008 26.03.2009
25.07.2008 30.12.2008
Ëßà±ß ªë~ §íìÀß²ß ß¾ßíëàÌß£ß ¹ßì×ª~íëÝ ª~ã ÐßÞÛ¾ßß Ðß¼ßë£ß ¹ßíëÊÃ ~ã ¹ßì×ª~íëÝ ¼ßëÝ µßÆ£¾ßëª~ à²ß§ëÍßª~ ª~ã ^µßàÐ¦ßà£ß ~ß àËßËßÀ¢ß à²ß¼²ßß²ßäÐßßÀ Ñì.
à²ß§ëÍßª~ ª~ß ²ßß¼ß Ëßà±ß Ëßà±ß ªë ¹ßíëÊÃ ~ã 23.6.2008 ²ßäºßËß ª~ß ßë¥ß
§íìÀß²ß ß¾ßíëàÌß£ß ¹ßì×ª~íëÞ ¼ßëÝ ª~íë Ñä¨Ã ß×ËßãÝ
¹ßíëÊÃ ~ã ^µßàÐ¦ß£ß ËßßàÏßÃª~ Ðßß±ßßÀ¢ß
¹ßì×ª~íëÞ ª~ã ÐßÞÛ¾ßß ¹ßì×ª~ ¼ßëÝ
^µßàÐ¦ßà£ß
Êíï. ªë~. Àß¼ßªè~Ï¢ß²ß 01.04.2008 5 5 ^µßàÐ¦ß£ß ÍßßÛßß, ßÞ½ßàÉßª~, ª~ßµßßÃëÀëÖ Ð£ßÀíëÞ µßÀ
±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~ Ðßë 31.07.2008 37 ËßÏßÃ ª~ß ¹ßìÝâ~ß ¼ßëÝ àËßºß²²ß ÑìàÐß¾ß£ß
¼ßëÝ ²ßäºßËß. ª~ßµßíëÃÀëÖ Ð£ßÀ µßÀ àËßàºß²²ß
ª~ß¾ßÃª~Éßßµß ¼ßëÝ ²ßäºßËß ªë~ Ðßß¦ß-
Ðßß¦ß µßàÀ½ßßÉß²ß ©ËßÞ µßÆÍßßÐßà²ßª~
ßë¥ßíëÝ ¼ßëÝ Ðß¼ßßÆ ²ßäºßËß.
ÎÇßã ßÀ.Ðß.ÀëÊòÊã 02.08.2008 9 9 Éßßßæ ²ßÑãÝ ¼ß.ÐßÐßã (Ìßã), ÐßíìµßëëÝ ß¾ßë àËßàºß²²ß ~ß¾ßíëÄ
±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~ Ðßë 31.03.2009 ¼ßëÝ ¹ßìÝ~À ë~ Âµß ¼ßëÝ 34 ËßÏßÃ ~ß ²ßäºßËß.
²ÑíëÝ²ßë ²¾ßæ¾ßßÃ~ ¼ßëÝ 3 1/2 ËßÏßÃ ~ß¼ß
à~¾ßß Ñì ¹ßìÝ~ ßï¶~ ÞàÊ¾ßß ë~ ¼ßëàÀë~²ß
ßïµßÀëÍß²Ðß ë~ ¼ßäÛ¾ß ~ß¾ßÃµßßÉß~ ÀÑë.
Ñ¼ßßÀë ¹ßìÝ~ ¼ßëÝ Ëßß²ß ~À²ßë ë~ µßÑÉßë Ëßë
¾ßæà²ß¾ß²ß ¹ßìÝ~ ßï¶~ ÞàÊ¾ßß ë~ ~ß¾ßÃµßßÉß~
à²ß§ëÍß~ ¦ßë.
ÎÇßã ª~É¾ßß¢ß ¼ßäÛßÌßãÃ, 01.04.2008 Ðßë 01 01 Éßßßæ ²ßÑãÝ ÍßßÛßß, ßÞ½ßàÉß~~/ ª~ßµßßÃëÀëÖ Ð£ßÀíëÞ µßÀ
~ß¾ßÃµßßÉß~ à²ß§ëÍß~ 30.04.2008 ¹ßìÝâ~ß µßàÀ½ßßÉß²ß ©ËßÞ µßÆÍßßÐßà²ßª~ ßë¥ßíëÝ ¼ßëÝ
àËßºß²²ß ÑìàÐß¾ß£ß ¼ßëÝ ²ßäºßËß ë~ Ðßß¦ß Ðßß¦ß
µßÆß¦ßà¼ßª~£ßß µßÆßµ£ß ßë¥ß(~¢ß), ¼ßß²ßËß ÐßÞÐßß±ß²ß
¨£¾ßßà§ ¼ßëÝ µßàÀ½ßßÉß²ß ©ËßÞ µßÆÍßßÐßà²ßª~ ²ßäºßËß
ÎÇßã à²ßÉß àßÀíë¥ßß, 17.05.2008 Ðßë 12 12 µßàÐ¦ß£ß ¼ß.ÐßÐßã,Éß.Éß.¹ßã., Ðßãß¨Ãß¨Ã¹ßã,
~ß¾ßÃµßßÉß~ à²ß§ëÍß~ 31.03.2009 ~ßà¼ßÃ~ µßÆ¹ßÞ±ß²ß ¼ßëÝ àÊµÉßíë¼ßß, ~ßµßíëÃÀëÖ Éßíï ¼ßëÝ
àÊµÉßíë¼ßß. ²ß~íë ¹ßìÝâ~ß µßàÀ½ßßÉß²ß ©ËßÞ
µßÆÍßßÐßà²ßª~ ßë¥ßíëÝ ¼ßëÝ 33 ËßÏßÃ ~ß ²ßäºßËß
ÎÇßã ¼ß±ßäÐßæ§²ß µßÆÐßß§ 01.04.2008 Ðßë 11 06 ¿äÖòÖã µßÀ ¦ßÃÍßßÐ¥ß ¼ßëÝ Ð²ßß£ß~íë££ßÀ ËßÞ 1981 Ðßë
ºßßÀ£ß ÐßÀª~ßÀ ²ßßà¼ß£ßã 12.01.2009 ²ßäµßàÐ¦ß£ß ºßßÀ£ßã¾ß µßÆÍßßÐßà²ß~ ÐßëËßß ¼ßëÝ ÑìÝ.
à²ß§ëÍßª~
68
2.10 The policies of the Bank and changes if any, are reviewed on an annual basis and necessary modifications are
effected in tune with the changing scenario and the market demands.
2.11 The Chairman of the Board is an Executive Director and therefore at least 1/2 of the Board consists of Independent
Directors. Accordingly the composition of the Board as on 31st March, 2009 is as under:
Type of Directors No. of Directors
Executive 2
Non-executive 10
(out of which 7 are Independent Directors)
Total 12
2.12 During the year 2008-2009 the Board of Directors met on 14 occasions on the following dates:
25.04.2008 19.08.2008 08.01.2009
08.05.2008 23.09.2008 29.01.2009
02.06.2008 31.10.2008 07.03.2009
23.06.2008 06.12.2008 26.03.2009
25.07.2008 30.12.2008
The details of attendance of each Director at the Board Meetings along with the number of meetings held during
the period are as under:
Name of the Period No. of Board Board Attendance Area of Experience

Director meetings Meetings at the Eighth
held during attended AGM held
the period on 23.06.2008
Dr. K. Ramakrishnan 01.04.2008 05 05 Attended 37 years of Banking experience in various
Chairman & to capacities at the Branch, Zonal /
Managing Director 31.07.2008 Corporate levels. All round experience in
both operational and administrative fields,
besides handling different functions at the
corporate level.
Sri R S Reddy 02.08.2008 to 09 09 Not Applicable M.Sc., (Agriculture) 34 years of experience
Chairman & Managing 31.03.2009 as a Banker in Multifarious assignments.
Director He worked for 3 ½ years in New York as
the Chief Executive of Bank of India s
American Operations. Prior to joining our
Bank, he was Executive Director of Union
Bank of India.
Sri Kalyan Mukherjee 01.04.2008 to 01 01 Not Applicable Operational / Administrative experience
Executive Director 30.04.2008 in the field areas of Priority Sector
(Credit), HR besides handling different
functions in various capacities in the
Branch, Zonal / Corporate level.
Sri Anil Girotra, 17.05.2008 to 12 12 Attended M.Sc., LLB, CAIIB, Diploma In Personnel
Executive Director 31.03.2009 Management, Diploma in Corporate Laws.
He has 33 years of varied experience in
Banking Operations and Administration.
Sri Madhusudan Prasad, 01.04.2008 to 11 06 Leave of A Postgraduate in Economics and is in the
Govt. of India 12.01.2009 Absence Indian Administrative Service since 1981.
Nominee Director
69
ÎÇßã¼ß£ßã ¼ß±ßäàÉß~ß µßã 13.01.2009 Ðßë 03 03 Éßßßæ ²ßÑãÝ 2008 Ðßë Ë¾ß¾ß ë~ ÐßÞ¾ßä¬£ß Ðßà½ßËß
Ðßää~Éß, ºßßÀ£ß ÐßÀ~ßÀ 31.03.2009 (~ßà¼ßÃ~) àËßºßßß, àËß££ß ¼ßÞ¥ßßÉß¾ß.
²ßßà¼ß£ßã à²ß§ëÍßª~
ÎÇßã ¹ßã.¼ßÑëÍËßÀ²ß, 01.04.2008 Ðßë 14 13 ¿äÖòÖã µßÀ ªëÝ~§Æã¾ß ¹ßìÝâª~ß
ºßßàÀ¹ßìÝª~ ²ßßà¼ß£ßã à²ß§ëÍßª~ 31.03.2009 ²ßäµßàÐ¦ß£ß
ÎÇßã ë~.ÞÌß²ßµµßß, 01.04.2008 Ðßë 8 8 µßàÐ¦ß£ß àËßÒßß²ß ¼ßëÝ Ð²ßß£ß~í£ë£ßÀ
ÞÍß~ßÉßã²ß ßìÀ ÐßÀª~ßÀã 29.11.2008 ËßÞ àÍßßßàËß§
à²ß§ëÍßª~
ÎÇßã Ðßä²ßãÉß ä¼ßßÀ 01.04.2008 Ðßë 13 08 ¿äÖòÖã µßÀ µßÆíë¶ë~ÐßÀ, ÞàÊ¾ß²ß
¼ßßÑëÍËßÀã, ë~²§Æ ÐßÀ~ßÀ 13.03.2009 ²ßäµßàÐ¦ß£ß ²ÐÖãÖò¾ßæÖ ß¶~
ë~ à£ßàÀ¬£ß Íßë¾ßÀ±ßßàÀ¾ßíëÝ ¼ßë²ßëÌß¼ßëÝÖ
Ðßë ½ßä²ßë ß¾ßë à²ß§ëÍß~
ÎÇßã ë~.Àß¼ß~íëÖëÍËßÀ ÀßËß, 01.04.2008 Ðßë 14 14 ^µßàÐ¦ß£ß ¹ßìÝâ~ß
ßìÀ ËßÃ~¼ßì²ß ~¼ßÃ½ßßÀã 31.03.2009
à²ß§ëÍß~ ~ß µßÆà£ßà²ßà±ß£Ëß
ÎÇßã ²ßæµß µßÆ~ßÍß ßßÃ, 01.04.2008 Ðßë 14 12 ¿äÖòÖã µßÀ µßÆì{ÖãâÐßß Ðß²ß§ã
ÞÍß~ßÉßã²ß ßìÀ ÐßÀª~ßÀã 31.03.2009 ²ßäµßàÐ¦ß£ß ÉßëÛßßª~ßÀ
à²ß§ëÍßª~
ÎÇßã Öã.ÀËßãÝ§Æ²ßß¦ß, ËßÃ~¼ßì²ß 01.04.2008 Ðßë 14 14 ¿äÖòÖã µßÀ ¹ßìÝâ~ß
~¼ßÃ½ßßÀã à²ß§ëÍß~ ~ß 31.03.2009 ²ßäµßàÐ¦ß£ß
µßÆà£ßà²ßà±ß£Ëß
ÎÇßã Íßì¹ßßÉß ßäµ£ßß, 04.04.2008 Ðßë 14 09 ^µßàÐ¦ß£ß ¦ßÃÍßßÐ¥ß ¼ßëÝ
ÞÍß~ßÉßã²ß ßìÀ ÐßÀª~ßÀã 31.03.2009 Ð²ßß£ß~íë££ßÀ ËßÞ
à²ß§ëÍßª~ à¶~ÉßíïÐß¶~ã ¼ßëÝ ÊßÞ¬ÖÀëÖ
ÎÇßã ÀßÌßã¹ß ÍßëÛßÀ ÐßßÑä, 14.07.2008 Ðßë 10 08 Éßßßæ ²ßÑãÝ ~íï¼ßÐßÃ ¼ßëÝ Ð²ßß£ß~ ËßÞ
ÞÍß~ßÉßã²ß ßìÀ ÐßÀª~ßÀã 31.03.2009 µßÆì{ÖãâÐßß Ðß²ß§ã
à²ß§ëÍßª~ ÉßëÛßßª~ßÀ
ÎÇßã µßÆë¼ß µßÆª~ßÍß µßßÀãª~, 01.04.2008 Ðßë 14 13 µßàÐ¦ß£ß µßÆì{ÖãâÐßß Ðß²ß§ã
ë~Þ§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß 13.03.2009 ÉßëÛßßª~ßÀ
Íßë¾ßÀ±ßßÀª~íëÝ Ðßë ½ßä²ßß
ß¾ßß à²ß§ëÍßª~ 14.03.2009 Ðßë
31.03.2009
ÎÇßã Ëßã.©½ß.Àß¼ßªè~Ï¢ß²ß, 01.04.2008 Ðßë 14 13 µßàÐ¦ß£ß Ðß²ß§ã ËßÞ ~íïÐÖ
ëÝ~§Æ ÐßÀ~ßÀ ë~ 13.03.2009 ÉßëÛßß~ßÀ ËßÞ ~
à£ßàÀ¬£ß Íßë¾ßÀ±ßßÀª~íëÝ 14.03.2009 Ðßë ²ßäºßËßã ¹ßìÝ~À
Ðßë ½ßä²ßß ß¾ßß à²ß§ëÍßª~ 31.03.2009
ÎÇßã ë~.À³ßäÀß¼ß²ß, 14.03.2009 Ðßë 1 1 Éßßßæ ²ßÑã ¹ßìÝâ~ß ë~ àËßàºß²²ß ßë¥ßíëÝ
ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß 31.03.2009 ¼ßëÝ 35 ËßÏßÃ ë~ ¹ßìÝâ~ß
Íßë¾ßÀ±ßßÀª~íëÝ Ðßë ½ßä²ßß ß¾ßß ²ßäºßËß ë~ Ðßß¦ß Ðß²ß§ã
à²ß§ëÍßª~ ÉßëÛßß~ßÀ
70
Smt Madhulika P 13.01.2009 to 03 03 Not Applicable Joint Secretary (Personnel), Department of

Sukul 31.03.2009 Expenditure, Ministry of Finance since 2008.
Govt. of India
Nominee Director
Sri B. Maheshwaran 01.04.2008 to 14 13 Leave of Central Banking
RBI 31.03.2009 Absence
Nominee Director
Dr. K. Anjanappa 01.04.2008 to 08 08 Attended Post Graduate in Science and an
Part-time 29.11.2008 Academician
Non-Official Director
Sri Sunil Kumar Maheshwari 01.04.2008 to 13 08 Leave of absence Professor, Indian Institute of Management
Director elected from 13.03.2009
amongst shareholders
other than Central
Government
Sri K Ramakoteswara Rao 01.04.2008 to 14 14 Attended Banking
Representing 31.03.2009
Non Workmen
Employee Director
Sri Anup Prakash Garg 01.04.2008 to 14 12 Leave of absence Practicing Chartered Accountant
Part time 31.03.2009
Non Official Director
Sri T Ravindranath 01.04.2008 to 14 14 Leave of Banking
Representing 31.03.2009 Absence
Workmen
Employee Director
Sri Shaibal Gupta 04.04.2008 to 14 09 Attended Post Graduate in Economics and Doctorate
Part-time Non- 31.03.2009 in Philosophy.
Official Director
Sri Rajib Sekhar 14.07.2008 to 10 08 Not Applicable Graduate in Commerce and practicing
Sahoo 31.03.2009 Chartered Accountant
Part-time
Official Director
Sri Prem Prakash Pareek 01.04.2008 to 14 13 Attended Practicing Chartered Accountant
Director elected from 13.03.2009
amongst shareholders 14.03.2009 to
other than Central 31.03.2009
Government
Sri V.H. Ramakrishnan 01.04.2008 to 14 13 Attended Chartered & Cost Accountant and an
Director elected from 13.03.2009 experienced banker
amongst shareholders 14.03.2009 to
other than Central 31.03.2009
Government
Sri K Raghuraman 14.03.2009 to 1 1 Not Applicable Chartered Accountant with 35 years of
Director elected from 31.03.2009 Banking experience in various facets of
amongst shareholders Banking.
other than Central
Government
71
2008-2009 ªë~ §íìÀß²ß à²ß§ëÍßª~ ªë~ Âµß ¼ßëÝ Ëßà±ß Ðß¼ßßµ£ß Ë¾ßà{£ß¾ßíëÝ ªë~ ²ßß¼ß
à²ß§ëÍßª~ ª~ß ²ßß¼ß Ëßà±ß
Êß. ë~ Àß¼ßè~Ï¢ß²ß, ±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~ 01.04.2008 Ðßë 31.07.2008
ÎÇßã ~É¾ßß¢ß ¼ßäÛßÌßãÃ, ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~ 01.04.2008 Ðßë 30.04.2008
ÎÇßã ¼ß±ßäÐßæ§²ß µßÆÐßß§, 01.04.2008 Ðß 12.01.2009
ºßßÀ£ß ÐßÀ~ßÀ ²ßßà¼ß£ßã à²ß§ëÍßª~
ÎÇßã Ëßã.½ß.Àß¼ß~èÏ¢ß²ß 01.04.2008 Ðßë 13.03.2009
ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß Íßë¾ßÀ±ßßÀª~íëÝ Ðßë ½ßä²ßß ß¾ßß à²ß§ëÍßª~
ÎÇßã µßÆë¼ß µßÆ~ßÍß µßßÀã~, 01.04.2008 Ðßë 13.03.2009
ÎÇßã Ðßä²ßãÉß ä~¼ßßÀ ¼ßßÑëÍËßÀã, 01.04.2008 Ðßë 13.03.2009
Êß. ë~.ÞÌß²ßµµßß, 01.04.2008 Ðßë 29.11.2008
ÞÍß~ßÉßã²ß ßìÀ ÐßÀª~ßÀã à²ß§ëÍßª~
Ë¾ßà{£ß¾ßíëÝ ªë~ ²ßß¼ß Ìßíë 2008-09 ªë~ §íìÀß²ß à²ß§ëÍßª~ ªë~ Âµß ¼ßëÝ à²ß¾ßä{£ß àª~¾ßë ß¾ßë Ñì.Ý
à²ß§ëÍßª~ ª~ß ²ßß¼ß Ëßà±ß
ÎÇßã Íßì¹ßßÉß ßäµ£ßß, 04.04.2008 Ðßë 31.03.2009
ÎÇßã à²ßÉß àßÀíë¥ßß, 17.05.2008 Ðßë 31.03.2009
ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~
ÎÇßã ÀßÌßã¹ß ÍßëÛßÀ ÐßßÑæ, 14.07.2008 Ðßë 31.03.2009
ÎÇßã ßÀ.Ðß.ÀëÊòÊã, 02.08.2008 Ðßë 31.03.2009
±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍß~
ÎÇßã¼ß£ßã ¼ß±ßäàÉß~ß µßã Ðßää~Éß, 13.01.2009 Ðßë 31.03.2009
ÎÇßã µßÆë¼ß µßÆ~ßÍß µßßÀã~, 14.03.2009 Ðßë 31.03.2009
ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß Íßë¾ßÀ±ßßÀª~íëÝ Ðßë
½ßä²ßß ß¾ßß à²ß§ëÍßª~ (µßä²ß;½ßä²ßë ß¾ßë)
ÎÇßã Ëßã.½ß.Àß¼ßè~Ï¢ß²ß, 14.03.2009 Ðßë 31.03.2009
ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß Íßë¾ßÀ±ßßÀª~íëÝ Ðßë
½ßä²ßß ß¾ßß à²ß§ëÍßª~ (µßä²ß: ½ßä²ßë ß¾ßë)
ÎÇßã ë~.À³ßäÀß¼ß²ß, 14.03.2009 Ðßë 31.03.2009
ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß Íßë¾ßÀ±ßßÀª~íëÝ Ðßë ½ßä²ßß ß¾ßß à²ß§ëÍßª~ (²ß¾ßë ½ßä²ßë ß¾ßë)
72
Names of persons who ceased to be Directors during 2008-2009

Name of the Director Period
Dr K. Ramakrishnan, Chairman & Managing Director 01.04.2008 to 31.07.2008
Sri Kalyan Mukherjee, Executive Director 01.04.2008 to 30.04.2008
Sri Madhusudan Prasad 01.04.2008 to 12.01.2009
Govt. of India Nominee Director
Sri V.H. Ramakrishnan, 01.04.2008 to 13.03.2009
Director elected from amongst shareholders other than
Central Government
Sri Prem Prakash Pareek, 01.04.2008 to 13.03.2009
Central Government
Sri Sunil Kumar Maheshwari, 01.04.2008 to 13.03.2009
Central Government
Dr. K. Anjanappa, 01.04.2008 to 29.11.2008
Part-time Non-Official Director
Names of persons who were appointed as Directors during 2008-2009

Name of the Director Period
Sri Shaibal Gupta 04.04.2008 to 31.03.2009
Sri Anil Girotra 17.05.2008 to 31.03.2009
Executive Director
Sri Rajib Sekhar Sahoo 14.07.2008 to 31.03.2009
Sri R S Reddy 02.08.2008 to 31.03.2009
Chairman & Managing Director
Smt Madhulika P Sukul 13.01.2009 to 31.03.2009
Govt. of India Nominee Director
Sri Prem Prakash Pareek 14.03.2009 to 31.03.2009
Central Government (Re-elected)
Sri V.H. Ramakrishnan 14.03.2009 to 31.03.2009
Sri K Raghuraman 14.03.2009 to 31.03.2009
Central Government (Newly Elected)
73
2.13 à²ß§ëÍßª~íëÝ ªë~ àËßËßÀ¢ß

à²ß§ëÍßª~ ª~ß ²ßß¼ß ²¾ß ªÞ~µß²ßã ¼ßëÝ Ðßà¼ßà£ß¾ßíëÝ ¼ßëÝ Ðß§Ð¾ß£ßß Ðßà¼ßà£ß¾ßíëÝ ªë~ à²ß§ëÍßª~£Ëß ª~ã Ëßà±ß
à²ß§ëÍßª~£Ëß/Ðß§Ð¾ß£ßß ±¾ßß/±¾ßßß Ðßë £ßª~
ÎÇßã ë~.Àß¼ßè~Ï¢ß²ß 1.ß²±ßÆß ¹ßìÝª~ 1. ¹ßíëÊÃ ª~ã µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß 1. ¹ßíëÊÃ ª~ã µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß 01.04.2008 Ðßë
±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~ }~ß¨²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß 2. àËßºßßßã¾ß µß§íë²²ßà£ß Ðßà¼ßà£ß 2. àËßºßßßã¾ß µß§íë²²ßà£ß Ðßà¼ßà£ß 31.07.2008
àÉßà¼ßÖëÊ 3. Íßë¾ßÀ±ßßÀª~ ©ËßÞ à²ßËßëÍßª~ 3.Íßë¾ßÀ Þ£ßÀ¢ß Ðßà¼ßà£ß
àÍßª~ß¾ß£ß Ðßà¼ßà£ß 4. ^½½ß ¼ßæÉ¾ß ª~ã ±ßíëÛßß±ßÊã
4. Íßë¾ßÀ Þ£ßÀ¢ß Ðßà¼ßà£ß µßÀ à²ßßÀß²ßã Ñë£ßä àËßÍßëÏß Ðßà¼ßà£ß
5. ^½½ß ¼ßæÉ¾ß ª~ã ±ßíëÛßß±ßÊã 5.ßÆßÑª~ ÐßëËßß Ðßà¼ßà£ß
µßÀ à²ßßÀß²ßã Ñë£ßä àËßÍßëÏß Ðßà¼ßà£ß 6.ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß
6. ßÆßÑª~ ÐßëËßß Ðßà¼ßà£ß
7. ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß
ÎÇßã ßÀ.Ðß.ÀëÊòÊã, ä~¿ ²ßÑãÝ 1. ¹ßíëÊÃ ª~ã µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß 1. ¹ßíëÊÃ ª~ã µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß 02.08.2008 Ðßë
±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~ 2. àËßºßßßã¾ß µß§íë²²ßà£ß Ðßà¼ßà£ß 2. àËßºßßßã¾ß µß§íë²²ßà£ß Ðßà¼ßà£ß 31.03.2009
3. Íßë¾ßÀ±ßßÀª~ ©ËßÞ à²ßËßëÍßª~ 3. Íßë¾ßÀ Þ£ßÀ¢ß Ðßà¼ßà£ß
àÍßª~ß¾ß£ß Ðßà¼ßà£ß
4. ßÆßÑª~ ÐßëËßß Ðßà¼ßà£ß 4. ^½½ß ¼ßæÉ¾ß ª~ã ±ßíëÛßß±ßÊã
5. ^½½ß ¼ßæÉ¾ß ª~ã ±ßíëÛßß±ßÊã µßÀ à²ßßÀß²ßã Ñë£ßä àËßÍßëÏß Ðßà¼ßà£ß
µßÀ à²ßßÀß²ßã Ñë£ßä àËßÍßëÏß Ðßà¼ßà£ß 5.ßÆßÑª~ ÐßëËßß Ðßà¼ßà£ß
6. Íßë¾ßÀ Þ£ßÀ¢ß Ðßà¼ßà£ß 6.ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß
ÎÇßã ~É¾ßß¢ß ¼ßäÛßÌßãÃ, 1. ß²±ßÆß ¹ßìÝª~ 1. ¹ßíëÊÃ ª~ã µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß Íßæ²¾ß 01.04.2008 Ðßë
ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~ }~ß¨²ßìÝàÍßÉß ÐßàËßÃÐßëÐß 2. àËßºßßßã¾ß µß§íë²²ßà£ß Ðßà¼ßà£ß 30.04.2008
àÉßà¼ßÖëÊ - ÉßëÛßß µßÀãßß 3. ¹ßíëÊÃ ~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß
Ðßà¼ßà£ß ë~ ±¾ßß 4. Íßë¾ßÀ±ßßÀª~ ©ËßÞ à²ßËßëÍßª~
5.ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß
ÎÇßã à²ßÉß àßÀíë¥ßß, 1. ß²±ßÆß ¹ßìÝª~ 1. ¹ßíëÊÃ ª~ã µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß 1. ¹ßíëÊÃ ~ã µß Ðßà¼ßà£ß 17.05.2008 Ðßë
~ß¾ßÃµßßÉß~ à²ß§ëÍßª~ }~ß¨²ßìÝàÍßÉß ÐßàËßÃÐßëÐß 2. àËßºßßßã¾ß µß§íë²²ßà£ß Ðßà¼ßà£ß (Ðßã¹ßãÐß) 31.03.2009
àÉßà¼ßÖëÊ - ¹ßíëÊÃ ë~ 3. ¹ßíëÊÃ ª~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß
±¾ßß 4. Íßë¾ßÀ±ßßÀª~ ©ËßÞ à²ßËßëÍßª~
6. ¹ßíëÊÃ ~ã µß Ðßà¼ßà£ß (Ðßã¹ßãÐß)
ÎÇßã ¼ß±ßäÐßæ§²ß µßÆÐßß§,
ºßßÀ£ß ÐßÀ~ßÀ ²ßßà¼ß£ßã à²ß§ëÍß~ Íßæ²¾ß 1. ¹ßíëÊÃ ª~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß 1. ¹ßíëÊÃ ª~ã µßßàÀ£ßíëàÏß~ Ðßà¼ßà£ß 01.04.2008 Ðßë
2. àËßºßßßã¾ß µß§íë²²ßà£ß Ðßà¼ßà£ß 12.01.2009
3. ¹ßíëÊÃ ª~ã µßßàÀ£ßíëàÏß~ Ðßà¼ßà£ß
ÎÇßã¼ß£ßã ¼ß±ßäàÉß~ß µßã Ðßää~Éß, Íßæ²¾ß 1. ¹ßíëÊÃ ª~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß 1. ¹ßíëÊÃ ª~ã µßßàÀ£ßíëàÏß~ Ðßà¼ßà£ß 13.01.2009 Ðßë
ºßßÀ£ß ÐßÀ~ßÀ ²ßßà¼ß£ßã à²ß§ëÍßª~ 2. àËßºßßßã¾ß µß§íë²²ßà£ß Ðßà¼ßà£ß 31.03.2009
ÎÇßã ¹ßã.¼ßÑëÍËßÀ²ß Íßæ²¾ß 1. ¹ßíëÊÃ ª~ã µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß Íßæ²¾ß 01.04.2008 Ðßë
ºßßàÀ¹ßìÝ~ ²ßßà¼ß£ßã à²ß§ëÍßª~ 2. ¹ßíëÊÃ ª~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß 31.03.2009
3. àËßºßßßã¾ß µß§íë²²ßà£ß Ðßà¼ßà£ß
5. ¹ßíëÊÃ ~ã ²ßß¼ßßÞ~²ß Ðßà¼ßà£ß
7. ^½½ß ¼ßæÉ¾ß ª~ã ±ßíëÛßß±ßÊã µßÀ
à²ßßÀß²ßã Ñë£ßä àËßÍßëÏß Ðßà¼ßà£ß
Êíî. ªë~. ÞÌß²ßµµßß Íßæ²¾ß 1. µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß 1. ¹ßíëÊÃ ~ã ²ßß¼ßßÞ~²ß Ðßà¼ßà£ß 01.04.2008 Ðßë
ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~ 2. ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß (01.04.2008 Ðßë 29.11.2008
3. Íßë¾ßÀ Þ£ßÀ¢ß Ðßà¼ßà£ß 29.11.2008)
74
2.13 Particulars of Directors

Name of Directors Directorship/Membership Membership of the Chairman / Period of
of Committees Committees Chairperson of the Directorship
in other Companies Committees from to
Dr. K. Ramakrishnan 1. Andhra Bank 1. Management Committee 1. Management Committee 01.04.2008 to
Chairman & Financial Services Ltd of the Board of the Board 31.07.2008
Managing Director 2. Departmental Promotion 2. Departmental Promotion
Committee Committee
3. Shareholders and Investors 3. Share Transfer Committee
Grievances Committee 4. Special Committee for
4. Share Transfer Committee monitoring large value of frauds
5. Special Committee for 5.Customer Service Committee
monitoring large value of frauds 6.Risk Management Committee
6.Customer Service Committee
7.Risk Management Committee
Sri R S Reddy None 1.Management Committee 1. Management Committee 02.08.2008 to
Chairman & of the Board of the Board 31.03.2009
Managing Director 2.Departmental Promotion 2. Departmental Promotion
Committee Committee
3.Shareholders and Investors 3. Share Transfer Committee
Grievances Committee 4. Special Committee for
4.Customer Service Committee monitoring large value of frauds
5.Special Committee for 5.Customer Service Committee
monitoring large value of frauds 6.Risk Management Committee
6. Share Transfer Committee
Sri Kalyan Mukherjee 1.Andhra Bank 1.Management Committee Nil 01.04.2008 to
Executive Director Financial Services Ltd - of the Board 30.04.2008
Chairman of Audit Committee 2.Departmental Promotion
Committee
3.Audit Committee of the Board
4.Shareholders and Investors
Grievances Committee
Sri Anil Girotra 1.Andhra Bank 1.Management Committee 1 Sub-Committee of Board (CBS) 17.05.2008 to
Executive Director Financial Services Ltd - of the Board 31.03.2009
Chairman of the Board 2.Departmental Promotion
Committee
3.Audit Committee of the Board
4.Shareholders and Investors
6 Sub-Committee of Board (CBS)
Sri Madhusudan Prasad Nil 1. Audit Committee of the Board 1. Remuneration Committee 01.04.2008 to
Government of India 2. Departmental Promotion of Board 12.01.2009
Nominee Director Committee
3. Remuneration Committee of Board
Smt Madhulika P Nil 1. Audit Committee of the Board 1. Remuneration Committee 13.01.2009 to
Sukul 2. Departmental Promotion of Board 31.03.2009
Govt. of India Committee
Nominee Director 3.Risk Management Committee
4.Remuneration Committee of Board
Sri B Maheshwaran Nil 1. Management Committee of the Board Nil 01.04.2008 to
RBI Nominee Director 2. Audit Committe of the Board 31.03.2009
3. Departmental Promotion Committee
4. Remuneration Committee of Board
5. Nomination Committee of Board
6. Customer Service Committee
7.Special Committee for
monitoring large value of frauds
Dr. K. Anjanappa Nil 1. Management Committee 1. Nomination Committee 01.04.2008 to
Non-Official Director 2. Risk Management Committee of Board (from 01.04.2008 to 29.11.2008
3. Share Transfer Committee 29.11.2008)
75
ÎÇßã Ðßä²ßãÉß ªä~¼ßßÀ ¼ßßÑëÍËßÀã, Íßæ²¾ß 1. ¼ßß²ßËß ÐßÞÐßß±ß²ß µßÆ¹ßÞ±ß²ß/ 1. Íßë¾ßÀ±ßßÀª~ ©ËßÞ 01.04.2008 Ðßë
ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß µßÆàÍßß¢ß ë~ àÉß µß Ðßà¼ßà£ß à²ßËßëÍßª~ àÍßª~ß¾ß£ß Ðßà¼ßà£ß 13.03.2009
Íßë¾ßÀ±ßßÀª~íëÞ Ðßë ½ßä²ßß ß¾ßß 2. ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß
à²ß§ëÍßª~ 3. ^½½ß ¼ßæÉ¾ß ª~ã ±ßíëÛßß±ßÊã
µßÀ à²ßßÀß²ßã Ñë£ßä àËßÍßëÏß Ðßà¼ßà£ß
4. Íßë¾ßÀ±ßßÀª~ ©ËßÞ
à²ßËßëÍßª~ àÍßª~ß¾ß£ß Ðßà¼ßà£ß
ÎÇßã ªë~.Àß¼ß~íëÖëÍËßÀ ÀßËß, Íßæ²¾ß 1. ßÆßÑª~ ÐßëËßß Ðßà¼ßà£ß Íßæ²¾ß 01.04.2008 Ðßë
ßìÀ ËßªÃ~¼ßë²ß à²ß§ëÍßª~ 2. Íßë¾ßÀ±ßßÀª~ ©ËßÞ à²ßËßëÍßª~ 31.03.2009
ª~¼ßÃ½ßßÀã ª~ß µßÆà£ßà²ßà±ß£Ëß àÍßª~ß¾ß£ß Ðßà¼ßà£ß
3. ¹ßíëÊÃ ~ã µß Ðßà¼ßà£ß
(Ðßã¹ßãÐß)
4. µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß
ÎÇßã ²ßæµß µßÆ~ßÍß ßßÃ 1.¬¾ßæàµßÊ àÉßà¼ßÖëÊ, 1. µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß Íßæ²¾ß 01.04.2008 Ðßë
ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã ¼ßäÞ¹ß¨Ã 2. ¹ßíëÊÃ ~ã ÉßëÛßß µßÀãßß 31.03.2009
à²ß§ëÍßª~ 2. ±ßßÀ ßÖíë¼ßíë¹ßßÉÐß Ðßà¼ßà£ß
àÉßà¼ßÖëÊ, Þ§íìÀ 3. ^½½ß ¼ßæÉ¾ß ª~ã ±ßíëÛßß±ßÊã
ÎÇßã Öã ÀËßãÝ§Æ²ßß¦ß, ËßÃ~¼ßì²ß Íßæ²¾ß 1. ¹ßíëÊÃ ª~ã µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß Íßæ²¾ß 01.04.2008 Ðßë
~¼ßÃ½ßßÀã à²ß§ëÍßª~ 2. Íßë¾ßÀ Þ£ßÀ¢ß Ðßà¼ßà£ß 31.03.2009
3. ßÆßÑ~ ÐßëËßß Ðßà¼ßà£ß
ÎÇßã Íßì¹ßßÉß ßäµ£ßß, Íßæ²¾ß 1. Íßë¾ßÀ±ßßÀª~ ©ËßÞ à²ßËßëÍßª~ 1. ¹ßíëÊÃ ~ã ²ßß¼ßßÞ~²ß Ðßà¼ßà£ß 04.04.2008 Ðßë
ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã àÍßª~ß¾ß£ß Ðßà¼ßà£ß (23.02.2009 Ðßë 31.03.2009
à²ß§ëÍßª~ 2. ßÆßÑª~ ÐßëËßß Ðßà¼ßà£ß 31.03.2009)
ÎÇßã ÀßÌßã¹ß ÍßëÛßÀ ÐßßÑæ, Íßæ²¾ß 1. µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß Íßæ²¾ß 14.07.2008 Ðßë
ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã 2. ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß 31.03.2009
à²ß§ëÍßª~ 3. ¹ßíëÊÃ ~ã ²ßß¼ßßÞ~²ß Ðßà¼ßà£ß
4. ¹ßíëÊÃ ~ã µß Ðßà¼ßà£ß (Ðßã¹ßãÐß)
ÎÇßã µßÆë¼ß µßÆª~ßÍß µßßÀãª~ 1.µßã²ß¹ßã àßÉÖòÐß 1. ¹ßíëÊÃ ~ã µß Ðßà¼ßà£ß (Ðßã¹ßãÐß) Íßæ²¾ß 01.04.2008 Ðßë
ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß àÉßà¼ßÖëÊ 2. ^½½ß ¼ßæÉ¾ß ª~ã 13.03.2009
Íßë¾ßÀ±ßßÀª~íëÞ Ðßë ½ßä²ßß ß¾ßß ±ßíëÛßß±ßÊã µßÀ à²ßßÀß²ßã ËßÞ
à²ß§ëÍßª~ Ñë£ßä àËßÍßëÏß Ðßà¼ßà£ß 14.03.2009 Ðßë
3. ¹ßíëÊÃ ~ã µßßàÀ£ßíëàÏß~ Ðßà¼ßà£ß 31.03.2009
4. ¼ßß²ßËß ÐßÞÐßß±ß²ß µßÆ¹ßÞ±ß²ß/
µßÆàÍßß¢ß ë~ àÉß µß Ðßà¼ßà£ß
6. ¹ßíëÊÃ ~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß
ÎÇßã Ëßã.©½ß.Àß¼ßªè~Ï¢ß²ß, 1. ë~²ßÀß ¹ßìÝ~ Ðßë¬¾ßæàÀàÖòÐß 1 ¹ßíëÊÃ ~ã µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß 1. ¹ßíëÊÃ ~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß 01.04.2008 Ðßë
ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß àÉßà¼ßÖëÊ, ¼ßäÞ¹ß¨Ã (Ðß¹ÐßãàÊ¾ßëÀã 2. ¹ßíëÊÃ ~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß 13.03.2009
Íßë¾ßÀ±ßßÀª~íëÝ Ðßë ½ßä²ßß ß¾ßß ßï¶~ ë~²ßÀß ¹ßìÝ~) 3. ¹ßíëÊÃ ~ã µßßàÀ£ßíëàÏß~ Ðßà¼ßà£ß ËßÞ
à²ß§ëÍßª~ 2. § ë~Ðßãµßã àÉßà¼ßÖÃÊ, 4. ¹ßíëÊÃ ~ã µß Ðßà¼ßà£ß (Ðßã¹ßãÐß) 14.03.2009 Ðßë
½ßë²²ß 5. ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß 31.03.2009
7. Íßë¾ßÀ Þ£ßÀ¢ß Ðßà¼ßà£ß
8. ¼ßß²ßËß ÐßÞÐßß±ß²ß µßÆ¹ßÞ±ß²ß/
µßÆàÍßß¢ß ë~ àÉß µß Ðßà¼ßà£ß
ÎÇßã ë~.À³ßäÀß¼ß²ß, 1.ß¨Ã¶~Ðßãß¨Ã 1. Íßë¾ßÀ±ßßÀª~ ©ËßÞ à²ßËßëÍßª~ 1. Íßë¾ßÀ±ßßÀª~ ©ËßÞ à²ßËßëÍßª~ 14.03.2009 Ðßë
ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß àÉßà¼ßÖëÊ àÍßª~ß¾ß£ß Ðßà¼ßà£ß àÍßª~ß¾ß£ß Ðßà¼ßà£ß 31.03.2009
Íßë¾ßÀ±ßßÀª~íëÞ Ðßë ½ßä²ßß ß¾ßß 2.ßëàÀ¾ßëÝÖÉß ~ß¹ßÃ²ß 2. ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß
à²ß§ëÍßª~ & ë~à¼ß~ÉÐß àÉßà¼ßÖëÊ 3.^½½ß ¼ßæÉ¾ß ª~ã ±ßíëÛßß±ßÊã
76
Sri Sunil Kumar Maheshwari Nil 1. Sub-Committee for Human 1. Shareholders and Investors 01.04.2008 to
Director elected from Resources Management / Grievances Committee 13.03.2009
amongst shareholders Training
other than Central 2. Risk Management Committee
Government 3.Special Committee for
monitoring large value of frauds
4. Shareholders and Investors
Sri K Ramakoteswara Rao Nil 1.Customer Service Committee Nil 01.04.2008 to
Representing 2. Shareholders and Investors 31.03.2009
Non Workmen Grievances Committee
Employee Director 3. Sub-Committee of Board (CBS)
4. Management Committee
Sri Anup Prakash Garg 1. Cupid Limited, Mumbai 1. Management Committee Nil 01.04.2008 to
Part time 2. Dhar Automotives 2. Audit Committee of the Board 31.03.2009
Non Official Director Pvt. Ltd, Indore 3. Special Committee for monitoring
large value of frauds
Sri T Ravindranath Nil 1. Management Committee of Nil 01.04.2008 to
Workmen Employee the Board 31.03.2009
Director 2. Share Transfer Committee
Sri Shaibal Gupta Nil 1. Shareholders and Investors 1. Nomination Committee of 04.04.2008 to
Part-time Non- Grievances Committee Board (from 23.02.2009 to 31.03.2009
Official Director 2. Customer Service Committee 31.03.2009)
3. Nomination Committee
of Board
Sri Rajib Sekhar Nil 1. Management Committee Nil 14.07.2008 to
Sahoo 2. Risk Management Committee 31.03.2009
Part-time Non- 3. Nomination Committee
Official Director of Board
4. Sub-Committee of Board (CBS)
Sri Prem Prakash Pareek 1. PNB Gilts Ltd 1. Sub-Committee of Board (CBS) Nil 01.04.2008 to
Director elected from 2. Special Committee for monitoring 13.03.2009
amongst shareholders large value of frauds &
other than Central 3. Remuneration Committee of 14.03.2009 to
Government the Board 31.03.2009
4. Sub-Committee for Human Resoruces
Management / Training
6. Audit Committee of the Board
Sri V.H. Ramakrishnan, 1. Canara Bank Securities 1. Management Committee 1.Audit Committee of the Board 01.04.2008 to
Director elected from Ltd, Mumbai (subsidiary of of the Board 13.03.2009
amongst shareholders Canara Bank) 2. Audit Committee of the Board &
other than Central 2. The KCP Ltd, Chennai 3. Remuneration Committee of 14.03.2009 to
Government the Board 31.03.2009
4. Sub-Committee of Board (CBS)
5. Risk Management Committee
7. Share Transfer Committee
8. Sub-Committee for Human Resoruces
Management / Training
Sri K. Raghuraman, 1. IFCI Limited 1. Shareholders and Investors 1. Shareholders and Investors 14.03.2009 to
Director elected from 2. Oriental Carbon Grievances Committee Grievances Committee 31.03.2009
amongst shareholders & Chemicals Limited 2. Risk Management Committee
other than Central 3. Special Committee for monitoring
Government large value of frauds
77
2.14 ËßÏßÃ 2008 - 09 ë~ §íìÀß²ß à²ß¾ßä¬£ß à²ß§ëÍß~íëÝ ~ß µßÆí¶ë ~ßÉß.
1. ÎÇßã ßÀ.Ðß.ÀëÊÊò ã
02.08.2008 Ðßë ß²±ßÆß ¹ßìÝ~ ë~ ±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍß~ ÑìÝ. Ëßë è~àÏß ¼ßëÝ Ð²ßß£ß~íë££ßÀ ÑìÝ. 1974 ¼ßëÝ ²ÑíëÝ²ßë ¹ßìÝ~ ßï¶~ ÞàÊ¾ßß ¼ßëÝ µßàÀËßãßß±ßã²ß à±ß~ßÀã ë~
Âµß ¼ßëÝë Ëßß²ß à~¾ßß Ñì. ²ß~íë ~ ¹ßìÝ~À ë~ Âµß ¼ßëÝ ²ÑëÝ Ðßíìµßë ß¾ßë àËßàºß²²ß ~ß¾ßíëÄ ¼ßëÝ 34 ¹ßÏßÃ ~ß ²ßäºßËß Ñì. Ëßë ²¾ßæ¾ßßÃ~ ¼ßëÝ ¹ßìÝ~ ß¶~ ÞàÊ¾ßß ë~ ¼ßëàÀë~²ß
ßµßÀëÍß²Ðß ¼ßëÝ ¼ßäÛ¾ß ~ß¾ßÃµßßÉß~ ¦ßë. Ñ¼ßßÀë ¹ßìÝ~ ¼ßëÝ Ëßß²ß ~À²ßë ë~ µßæËßÃ Ëßë ¾ßæà²ß¾ß²ß ¹ßìÝ~ ßï¶~ ÞàÊ¾ßß ë~ ~ß¾ßÃµßßÉß~ à²ß§ëÍß~ ¦ßë.
2. ÎÇßã à²ßÉß àßÀíë¥ßß
17.05.2008 Ðßë ß²±ßÆß ¹ßìÝ~ ë~ ~ß¾ßÃµßßÉß~ à²ß§ëÍß~ ÑìÝ. Ëßë àËßÒßß²ß ¼ßëÝ Ð²ß£ß~íë££ßÀ ËßÞ Éßíï ¼ßëÝ Ð²ßß£ß~ ÑìÝ. ß²±ßÆß ¹ßìÝ~ ¼ßëÝ Ëßß²ß ~À²ßë ë~ µßæËßÃ Ëßë ÉßÞÊ²ß ¼ßëÝ ë~²ßÀß
¹ßìÝ~ ë~ ¾ßæë~ ßµßÀëÍß²Ðß ¼ßëÝ ¼ßäÛ¾ß ~ß¾ßÃµßßÉß~ ë~ Âµß ¼ßëÝ ¦ßë. 1975 ¼ßëÝ ²ÑíëÝ²ßë ë~²ßÀß ¹ßìÝ~ ¼ßëÝ ~ à±ß~ßÀã ÖÅì²ßã ë~ Âµß ¼ßëÝ Ëßß²ß à~¾ßß. Ëßë ë~²ßÀß ¹ßìÝ~ ¼ßëÝ ¼ßÑ£Ëßµßæ¢ßÃ
µß§ ÐßÝºßÉßë ÑìÝ. ²ß~íë ¹ßìÝâ~ß ßµßÀëÍß²Ðß ËßÞ µßÆÍßßÐß²ß ¼ßëÝ 33 ËßÏßÃ ~ß àËßàËß±ß ²ßäºßËß Ñì.
3. ÎÇßã¼ß£ßã ¼ß±ßäàÉß~ß µßã Ðßä~ä Éß
Ëßë 2008 Ðßë Ë¾ß¾ß àËßºßßß, àËß££ß ¼ßÞ¥ßßÉß¾ß ¼ßëÝ ÐßÞ¾ßä¬£ß Ðßà½ßßËß (~ßà¼ßÃ~) ÑìÝ. ²ÑíëÝ²ßë ëÝ~§Æã¾ß Ëßë£ß²ß ß¾ßíëß ¼ßëÝ ÐßÞ¾ßä¬£ß Ðßà½ßËß ë~ Âµß ¼ßëÝ, ¾ßÀ ÑëÊ ¬ËßßÖÐßÃ ¼ßëÝ ~ãè~£ß
àËß££ßã¾ß ÐßÉßßÑ~ßÀ ë~ Âµß ¼ßëÝ, ¹ßßÀÑËßãÝ àËß££ß ß¾ßíëß ¼ßëÝ à²ß§ëÍß~ ËßÞ Ë¾ß¾ß àËßºßßß, àËß££ß ¼ßÞ¥ßßÉß¾ß ¼ßëÝ à²ß§ëÍß~ (Ëßë£ß²ß) ë~ Âµß ¼ßëÝ ºßã ~ß¾ßÃ à~¾ßß Ñì.
4. ÎÇßã Íßì¹ßßÉß ßäµ£ßß
¦ßÃÍßÐ¥ß ¼ßëÝ Ð²ßß£ß~íë££ßÀ ËßÞ à¶~ÉßíîÐß¶~ã ¼ßëÝ Êß¬ÖÀëÖ ÑìëÝ. àÐß¾ßë²ß ÊëËÉßßµß¼ßëÝÖ ÀãÐß½ßÃ ²ÐÖãÖò¾ßæÖ, µßÖ²ßß ¼ßëÝ ÐßÞÐ¦ßßµß~ Ðß§Ð¾ß Ðßà½ßËß ÑìÝ. ²ßë~ ²ßäÐßÞ±ßß²ß Âà½ß ë~ ßë¥ß
à±ß~ßÞÍß£ß: à¹ßÑßÀ ë~ àËß~ßÍß ~ã Ðß¼ßÐ¾ßßßëÝ Ðßë Ñì. Ëß£ßÃ¼ßß²ß, Ëßë ß²±ßÆß ¹ßìÝ~ ë~ ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~ ÑìÝ.
5. ÎÇßã ÀßÌßã¹ß ÍßëÛßÀ ÐßßÑæ
~íî¼ßÐßÃ ¼ßëÝ Ð²ßß£ß~ ËßÞ µßÆßà¬ÖâÐßß ÉßëÛßß µßÀãß~ ÑìÝ. µßÆßà¬ÖâÐßß ÉßëÛßß µßÀãß~ ë~ à£ßàÀ¬£ß Ëßë ÌßëàËß¾ßÀ ²ÐÖãÖò¾ßæÖ ßî¶~ ¼ßì²ßÌß¼ßëÝÖ (¬Ðßß¨Ã¼ß), ºßæ¹ß²ßëÍËßÀ £¾ßßà§
Ðß¼ßë£ß àËßàºß²²ß ÐßÀ~ßÀã ËßÞ ¼ßì²ßÌß¼ßëÝÖ ²ÐÖãÖò¾ßæÖ ¼ßëÝ ÐßÞ~ß¾ß Ðß§Ð¾ß ~ß ~ß¼ß ~À£ßë ÑìÝ. Ëß£ßÃ¼ßß²ß, Ëßë ß²±ßÆß ¹ßìÝ~ ~ß ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~ ÑìÝ.
6. ÎÇßã µßÆë¼ß µßÆ~ßÍß µßßÀã~
Éßíî ¼ßëÝ Ð²ßß£ß~ ë~ Ðßß¦ß Ðß²ß§ã ÉßëÛßß µßÀãß~ ÑìÝ. µßÑÉßë Ëßë ¹ßìÝ~ ßî¶~ ¹ßÊíì§ß ë~ ¹ßíëÊÃ ¼ßëÝ ¦ßë. Ëßë ÀßÏÖÅã¾ß Ð£ßÀ µßÀ ëÝ~§Æã¾ß ºßßÀ£ß ë~ ßë¥ßßëÝ ë~ Ðßß£ß Àß¾ßíëÝ ~íë µßÆà£ßà²ßà±ß£Ëß
~À²ßë ËßßÉßë ÐßëÝÖÅÉß ~ßÞàÐßÉß ßî¶~ § ²ÐÖãÖò¾ßæÖ ßî¶~ ½ßßÖëÃÊ ~ßÖëÝÖòÐß ë~ Ðß§Ð¾ß ºßã ÑìÝ. Ëß£ßÃ¼ßß²ß, Ëßë ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß ß²±ßÆß ¹ßìÝ~ ë~ Íßë¾ßÀ±ßßÀ~íëÝ ¼ßëÝ
Ðßë ½ßä²ßë ß¾ßë à²ß§ëÍß~ ÑìÝ.
7. ÎÇßã Ëßã.½ß.Àß¼ßè~Ï¢ß²ß
¹ßìÝ~ ßî¶~ ÞàÊ¾ßß ¼ßëÝ §ëÍßÌß ËßÞ Þ£ß§ëÃÍßã¾ß ¹ßìÝâ~ß ¼ßëÝ 35 ËßÏßÃ Ðßë à±ß~ ²ßäºßËß Ðßë Ðßß¦ß Ðß²ß§ã ËßÞ Éßßß£ß ÉßëÛßß~ßÀ ÑìÝ. Ëßë ¹ßìÝ~ ßî¶~ ÞàÊ¾ßß Ðßë ¼ßÑß µßÆ¹ßÞ±ß~ ë~
Âµß ¼ßëÝ ÐßëËßßà²ßËßè££ß Ñä ÑìÝ. Ëßë ë~²ßÀß ¹ßìÝ~ Ðßë¬¾ßæàÀÖãÐß àÉßà¼ßÖëÊ, ¼ßäÞ¹ß¨Ã (ë~²ßÀß ¹ßìÝ~ ~ã ²ßäÏßßã) ËßÞ ë~Ðßãµßã àÉßà¼ßÖëÊ, ½ßë²²ß¨ ~ë ¹ßíëÊÃ ºßã ÑìëÝ. Ëß£ßÃ¼ßß²ß, Ëßë ëÝ~§Æ ÐßÀ~ßÀ
ë~ à£ßàÀ¬£ß ß²±ßÆß ¹ßìÝ~ ë~ Íßë¾ßÀ±ßßÀ~íëÝ ¼ßëÝ Ðßë ½ßä²ßë ß¾ßë à²ß§ëÍß~ ÑìÝ.
8. ÎÇßã ë~ À³ßäÀß¼ß²ß
Ðß²ß§ã ÉßëÛßß~ßÀ ÑìÝ ËßÞ µßÞÌßß¹ß ²ßëÍß²ßÉß ¹ßìÝ~ Ðßë ~ß¾ßÃµßßÉß~ à²ß§ëÍß~ ë~ Âµß ¼ßëÝ ÐßëËßßà²ßËßè££ß Ñä ÑìÝ. µßÑÉßë ²ÑíëÝ²ßë ÐßëÝÖÅÉß ¹ßìÝ~ ßî¶~ ÞàÊ¾ßß ë~ àËßàºß²²ß àËßºßßßíëÝ ¼ßëÝ 7
ËßÏßÃ ¼ßÑßµßÆ¹ßÞ±ß ë~ Âµß ¼ßëÝ ~ß¾ßÃ à~¾ßß Ñì. Ëßë ÞàÊ¾ßß ~íîµßÀëÍß²ß ~à¼ßÖã ßî¶~ ¼ßßÐÖÀ ~ßÊÃ ÞÖ²ßëÃÍßÉß ë~ ±¾ßß µß§ ¼ßëÝ ÀÑë ËßÞ ºßßÀ£ßã¾ß ¹ßìÝ~ ÐßÞ³ß ë~ àËßàºß²²ß ßì§ò¾ßíëàß~
Ð£ßÀ Ðßà¼ßà£ß¾ßíëÝ ¼ßëÝ Ðß§Ð¾ß ÀÑë. Ëß£ßÃ¼ßß²ß, Ëßë ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß ß²±ßÆß ¹ßìÝ~ ë~ Íßë¾ßÀ±ßßÀ~íëÝ ¼ßëÝ Ðßë ½ßä²ßë ß¾ßë à²ß§ëÍß~ ÑìÝ.
3. à²ß§ëÍßª~íëÝ/ª~ß¾ßÃµßßÉßª~íëÝ ª~ã Ðßà¼ßà£ß
ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~, ºßßÀ£ß ÐßÀª~ßÀ ªë~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ/à²ß§ëÍßíëÝ ªë~ ²ßäÐßßÀ à²ß§ëÍßª~íëÝ ª~ã ª~¨Ã Ðßà¼ßà£ß¾ßíïÞ ßà×£ß ª~ã ß¾ßãÞ £ßßàª~ Ëßë µß²ßë à±ßª~ßÀ £ßÑ£ß ß²ßë ËßßÉßë
àËßàËß±ß àªÆ~¾ßßª~ÉßßµßíëÝ ªë~ ¼ßß¼ßÉßë ¼ßëÝ Íßã³ßÆ à²ß¢ßÃ¾ß Éßë ÐßªëÞ ßìÀ ^µß¾ßä{£ß à²ßßÀß²ßã ©ËßÞ ²ßäËß£ßÃ²ß ª~À Ðßªë~Þ.
¹ßíëÊÃ ª~ã ¼ßÑ£Ëßµßæ¢ßÃ Ðßà¼ßà£ß¾ßíïÞ à²ß¼²ß µßÆ~ßÀ Ñì.-
3.1 ¹ßíëÊÃ ª~ã µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß
ºßßÀ£ß ÐßÀª~ßÀ, àËß££ß ¼ßÞ¥ßßÉß¾ß ªë~ à²ß§ëÍßíëÝ ªë~ ²ßäÐßÀ¢ß ¼ßëÝ àËßàºß²²ß Ë¾ßßËßÐßßà¾ßª~ ¼ßß¼ßÉßíëÝ ¾ß¦ßß <~¢ß µßÆÐ£ßßËßíëÝ ª~ã ¼ßÞÌßæÀã, <~¢ß Ðß¼ßÔßíì£ßß/¹ßÖòÖë Ûßß£ßë ªë~ µßÆÐ£ßßËß, µßæÞÌßãß£ß
ßìÀ ÀßÌßÐËß Ë¾ß¾ß ~ß ²ßä¼ßíë§²ß, µßàÀÐßÀíëÝ ª~ß à±ßßÆÑ¢ß ßìÀ àª~Àß¾ßë µßÀ Éßë²ßß, à²ßËßëÍß, §ß²ß ßà§ µßÀ àËß½ßßÀ ªë~ àÉß© à²ß§ëÍßª~ ¼ßÞÊÉß °ßÀß ¹ßíëÊÃ ª~ã µßÆ¹ßÞ±ß Ðßà¼ßà£ß
ßà×£ß ª~ã ß¾ßã.
78
2.14 Profile of Directors appointed during the year 2008-09

1. Sri R S Reddy
Is the Chairman and Managing Director of Andhra Bank since 02.08.2008. He is a Post Graduate in Agriculture. He joined
Bank of India as Probationary Officer in 1974. He has 34 years of experience as a Banker in multifarious assignments. He
was the Chief Executive of Bank of Indias American Operations based in New York. Prior to joining our Bank, he was
Executive Director of Union Bank of India.
2. Sri Anil Girotra
Is the Executive Director of Andhra Bank since 17.05.2008. He is a Post Graduate in Science and holds a Degree in Law.
Prior to joining Andhra Bank, he was heading the UK Operations of Canara Bank in London as Chief Executive. He joined
Canara Bank as Officer Trainee in September 1975. He held important positions in Canara Bank. He has 33 years of varied
experience in Banking Operations and Administration.
3. Smt. Madhulika P Sukul
Is a Joint Secretary (Personnel), Department of Expenditure, Ministry of Finance since 2008. She also worked as Joint
Secretary, Sixth Central Pay Commission, as Integrated Financial Adviser in Air Head quarters, Director, Twelfth Finance
Commission and Director (Pay), Department of Expenditure, Ministry of Finance.
4. Sri Shaibal Gupta
Is a Post Graduate in Economics and Doctorate in Philosophy. He is a Founder Member Secretary, Asian Development
Research Institute, Patna. His areas of research interest have been guided more by the development problems of Bihar.
Presently he is a Part-time Non-Official Director of Andhra Bank.
5. Sri Rajib Sekhar Sahoo
Is a Graduate in Commerce and a practicing Chartered Accountant. Apart from being a Practicing Chartered Accountant, he
has been visiting faculty to various Govt. and Management Institutes including Xavier Institute of Management (XIM),
Bhubaneswar, etc,. Presently he is a Part-time Non-Official Director of Andhra Bank.
6. Sri Prem Prakash Pareek
Is a Chartered Accountant with a Degree in Law. Earlier he was on the Board of Bank of Baroda. He is also a member of the
Central Council of the Institute of Chartered Accountants of India representing seven States of Central India Region at the
National Level. Presently he is a Director elected from amongst the shareholders of Andhra Bank other than Central
Government.
7. Sri V.H. Ramakrishnan
Is a Chartered and Cost Accountant, having extensive experience of more than 35 years in both Domestic and International
banking with Bank of India. He retired as a General Manager from Bank of India. He is also on the Board of Canara Bank
Securities Ltd, Mumbai (subsidiary of Canara Bank) and The KCP Ltd, Chennai. Presently he is a Director elected from
amongst the shareholders of Andhra Bank other than Central Government.
8. Sri K Raghuraman
Is a Chartered Accountant and retired as Executive Director in Punjab National Bank. Earlier he worked as General Manager
for 7 years in various departments of Central Bank of India. He held the position of Chairman of India Cooperation committee
of Master Card International as well as the Member of various industry level Committees of IBA. Presently he is a Director
elected from amongst the shareholders of Andhra Bank other than Central Government.
3. COMMITTEE ON THE BOARD OF DIRECTORS / EXECUTIVES
Various committees of Directors have been constituted in terms of Reserve Bank of India, Government of India guidelines /
directives in order to expedite the decision making and proper monitoring and follow up of the various activities falling within
their terms of reference.
The important committees of the Board are as under:-
3.1 Management Committee of the Board
Pursuant to the directive of the Government of India, Ministry of Finance, the Management Committee of the Board is
constituted by the Board of Directors for considering various business matters namely sanctioning of credit proposals, loan
compromise / write off proposals, approval of capital and revenue expenditure, acquisition and hiring of premises, investments,
donations etc.
79
Ðßà¼ßà£ß ªë~ Ðß§Ð¾ß ±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~, ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~ ºßßÀ£ß ÐßÀª~ßÀ ßìÀ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ ²ßßà¼ß£ßã à²ß§ëÍßª~ ËßÞ £ßã²ß ÐËß£ßÞ¥ß ßìÀ ÐßÀª~ßÀã à²ß§ëÍßª~.
ËßÏßÃ ªë~ §íìÀß²ß ªä~Éß 21 ¹ßì×ªëÝ~ à²ß¼²ßàÉßàÛß£ß £ßßÀãÛßíëÝ ~íë Ñä¨Ä.
25.04.2008 08.09.2008 30.12.2008
08.05.2008 23.09.2008 12.01.2009
02.06.2008 11.10.2008 30.01.2009
16.06.2008 31.10.2008 13.02.2009
23.06.2008 17.11.2008 23.02.2009
14.07.2008 06.12.2008 07.03.2009
19.08.2008 20.12.2008 26.03.2009
Ëßà±ß ªë~ §íìÀß²ß ß¾ßßëàÌß£ß ¹ßì×ª~íëÝ ª~ã ÐßÞÛ¾ßß ªë~ Ðßß¦ß µßÆ¹ßÞ±ß Ðßà¼ßà£ß ª~ã ¹ßì×ª~íëÝ ¼ßëÝ Ðß§Ð¾ßíëÝ ª~ã ^µßàÐ¦ßà£ß ªë~ àËßËßÀ¢ß ²ßã½ßë ~ã Öë¹ßäÉß ¼ßëÝ à§¾ßë ß¾ßë ÑìÝ.
à²ß§ëÍßª~ ª~ß ²ßß¼ß Ëßà±ß Ëßà±ß ªë~ §íìÀß²ß ^µßàÐ¦ß£ß ©¼ßÐßã
ß¾ßíëàÌß£ß ©¼ßÐßã ¹ßì×ª~íëÝ ª~ã ÐßÞÛ¾ßß
¹ßìÝ×ª~íëÝ ª~ã ÐßÞÛ¾ßß
Êß.ë~.Àß¼ßè~Ï¢ß²ß, 01.04.2008 Ðßë 31.07.2008 06 06
ÎÇßã ßÀ.Ðß.ÀëÊòÊã, 02.08.2008 Ðßë 31.03.2009
±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍß~ 15 15
ÎÇßã ~É¾ßß¢ß ¼ßäÛßÌßãÃ, 01.04.2008 Ðßë 30.04.2008 01 01
~ß¾ßÃµßßÉß~ à²ß§ëÍß~
ÎÇßã à²ßÉß àßÀíë¥ßß, 17.05.2008 Ðßë 31.03.2009
~ß¾ßÃµßßÉß~ à²ß§ëÍß~ 19 19
ÎÇßã ¹ßã ¼ßÑëÍËßÀ²ß, 01.04.2008 Ðßë 31.03.2009
ºßßàÀ¹ßì~ ²ßßà¼ß£ßã à²ß§ëÍß~ 21 19
ÎÇßã ë~.ÞÌß²ßµµßß, 01.04.2008 Ðßë 29.11.2008 06 06
ÎÇßã ë~.Àß¼ß~íëÖëÍËßÀ ÀßËß, 01.04.2008 Ðßë 31.03.2009 09 08
ßìÀ ËßÃ~¼ßì²ß ~¼ßÃ½ßßÀã à²ß§ëÍß~
ÎÇßã ²ßæµß µßÆ~ßÍß ßßÃ, 01.04.2008 Ðßë 31.03.2009
ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~ 21 18
ÎÇßã Öã ÀËßãÝ§Æ²ßß¦ß, 01.04.2008 Ðßë 31.03.2009
ËßÃ~¼ßì²ß ~¼ßÃ½ßßÀã à²ß§ëÍß~ 12 11
ÎÇßã Íßì¹ßßÉß ßäµ£ßß, 04.04.2008 Ðßë 31.03.2009 10 08
ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~
ÎÇßã ÀßÌßã¹ß ÍßëÛßÀ ÐßßÑæ, 14.07.2008 Ðßë 31.03.2009
ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~ 05 04
ÎÇßã µßÆë¼ß µßÆª~ßÍß µßßÀãª~ 01.04.2008 Ðßë 13.03.2009
Íßë¾ßÀ±ßßÀª~íëÞ Ðßë ½ßä²ßß ß¾ßß ËßÞ 14.03.2009 Ðßë 10 10
à²ß§ëÍßª~ (µßä²ß: ½ßä²ßë ß¾ßë) 31.03.2009
ÎÇßã Ëßã.½ß.Àß¼ßè~Ï¢ß²ß 01.04.2008 Ðßë 13.03.2009 11 10

ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß Íßë¾ßÀ±ßßÀª~íëÞ Ðßë ½ßä²ßß ËßÞ 14.03.2009 Ðßë
ß¾ßß à²ß§ëÍßª~ (µßä²ß: ½ßä²ßë ß¾ßë) 31.03.2009
80
The committee consists of Chairman & Managing Director, Executive Director, Nominee Director of Reserve Bank of India
and three independent Non Official Directors. In all 21 Meetings of the Committee were held during the year, on the following
dates:
25.04.2008 08.09.2008 30.12.2008
08.05.2008 23.09.2008 12.01.2009
02.06.2008 11.10.2008 30.01.2009
16.06.2008 31.10.2008 13.02.2009
23.06.2008 17.11.2008 23.02.2009
14.07.2008 06.12.2008 07.03.2009
19.08.2008 20.12.2008 26.03.2009
The attendance of the Members at the Management Committee meetings along with the number of meetings held during the
period is given below in the table:
Name of the Director Period No. of M.C. No. of M.C.
meetings held Meetings
during the period attended
Dr K. Ramakrishnan 01.04.2008 to 31.07.2008 06 06
Sri R S Reddy 02.08.2008 to 31.03.2009 15 15
Sri Kalyan Mukherjee 01.04.2008 to 30.04.2008 01 01
Executive Director
Sri Anil Girotra 17.05.2008 to 31.03.2009 19 19
Executive Director
Sri B Maheshwaran 01.04.2008 to 31.03.2009 21 19
RBI Nominee Director
Dr. K. Anjanappa 01.04.2008 to 29.11.2008 06 06
Sri K Ramakoteswara Rao 01.04.2008 to 31.03.2009 09 08
Non Workmen Employee Director
Sri Anup Prakash Garg 01.04.2008 to 31.03.2009 21 18
Part time Non Official Director
Sri T Ravindranath 01.04.2008 to 31.03.2009 12 11
Workmen Employee Director
Sri Shaibal Gupta 04.04.2008 to 31.03.2009 10 08
Sri Rajib Sekhar Sahoo 14.07.2008 to 31.03.2009 05 04
Sri Prem Prakash Pareek 01.04.2008 to 13.03.2009
Director elected from amongst shareholders &
other than Central Government (Re-elected) 14.03.2009 to 31.03.2009 10 10
Sri V.H. Ramakrishnan 01.04.2008 to 13.03.2009
Director elected from amongst shareholders other &
than Central Government (Re-elected) 14.03.2009 to 31.03.2009 11 10
81
3.2 ¹ßíëÊÃ ª~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß

ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ ªë~ à²ß§ëÍßíëÝ ªë~ ²ßäÐßÀ¢ß ¼ßëÝ à²ß§ëÍßª~ ¼ßÞÊÉß ª~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß ª~ß ß×²ß àª~¾ßß ß¾ßß Ñì àÌßÐß¼ßëÝ 5 à²ß§ëÍßª~ ¦ßÃß£ßò ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~, ºßßÀ£ß
ÐßÀª~ßÀ ßìÀ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ ªë~ ²ßßà¼ß£ßã à²ß§ëÍßª~ ßìÀ §íë ÐËß£ßÞ¥ß ßìÀ ÐßÀª~ßÀã à²ß§ëÍßª~, ÐËß£ßÞ¥ß ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~íëÝ ¼ßëÝ Ðßë ~ ÉßëÛßß µßÀãßß Ðßà¼ßà£ß ª~ã ¹ßì×ª~
ª~ã ±¾ßß£ßß ª~À£íë ÑìÝ. Ðß¼ßãßß±ßã²ß ËßÏßÃ ªë~ §íìÀß²ß à²ß¼²ßß²ßäÐßßÀ Ðßà¼ßà£ß ª~ã 9 ¹ßì×ªëÝ~ Ñä¨Ä.
25.04.2008 08.09.2008
28.04.2008 31.10.2008
28.06.2008 29.12.2008
14.07.2008 29.01.2009
25.07.2008
¹ßíëÊÃ ª~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß à§Íßß à²ß§ëÃÍß §ë£ßã Ñì ßìÀ ¹ßìÝª~ ªë~ Ðßª~Éß ÉßëÛßß µßÀãßß ª~ß¾ßÃ ªë~ µßàÀ½ßßÉß²ß ª~ß à²ßÀãß¢ß ª~À£ßã Ñì àÌßÐß¼ßëÝ ßÞ£ßàÀª~ ÉßëÛßß µßÀãßß ßìÀ
à²ßÀãß¢ß µßÆ¢ßßÉßã ªë~ ß×²ß, µßàÀ½ßßÉß²ß ßìÀ ßä¢ßËß££ßß à²ß¾ßÞ¥ß¢ß Íßßà¼ßÉß Ñì ßìÀ ¹ßìÝª~ ª~ã ÐßßÞàËßà±ßª~/¹ßßÑò¾ß ÉßëÛßß µßÀãßß Ðßà¼ßà£ß ßìÀ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ °ßÀß ËßßàÏßÃª~
àËß££ßã¾ß à²ßÀãß¢ß ª~ß ²ßäËß£ßÃ²ß ª~À£ßã Ñì.
Ðßà¼ßà£ß ßÞ£ßàÀª~ à²ßÀãß¢ß/ÉßëÛßß µßÀãßß ª~ß¾ßÃ ª~ã Ðß¼ßãßß, Éßíïß }~ß¼ßÃ ßàÊÖ àÀµßíëÖÃ ¼ßëÝ ^×ß¾ßë ß¾ßë Ðßºßã ¼ßß¼ßÉßíëÝ ª~ß ²ßäËß£ßÃ²ß ßìÀ Éßíïß }~ß¼ßÃ ßàÊÖ àÀµßíëÖÃ ªë~ ¼ßß¼ßÉßë
¼ßëÝ ¹ßßÑò¾ß ÉßëÛßß µßÀãßª~íëÝ ªë~ Ðßß¦ß µßÀÐµßÀ àËß½ßßÀ-àËß¼ßÍßÃ ª~À£ßã Ñì. Ðßà¼ßà£ß àÀµßíëàÖÄß µßÆàªÆ~¾ßß, àËß££ßã¾ß Ðßæ½ß²ßß ª~ß µßÆª~Öãª~À¢ß ßìÀ ²¾ß ÐßßÞàËßà±ßª~ µßëßßßëÝ ªë~
²ßäµßßÉß²ß ªë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ÉßëÛßß ¼ßß²ßª~íëÝ ªë~ ²ßäµßßÉß²ß ª~ã ºßã Ðß¼ßãßß ª~À£ßã Ñì.
¾ßÑ àËßÍßëÏßãè~£ß ©ËßÞ ¹ßÑä£ß ¹ßÊã ÍßßÛßßßëÝ ßìÀ ÐßÞ£ßíëÏßÌß²ßª~ ÀëâÖß ª~ã Ðßºßã ÍßßÛßßßëÝ ª~ã à²ßÀãß¢ß àÀµßíëÖíëÄ ª~ã Ðß¼ßãßß ª~À£ßã Ñì. ¾ßÑ ßÞ£ßàÀª~ ÉßëÛßß ª~ß¾ßÃ ª~ã àÐ¦ßà£ß
ªë~ ÉßßËßß Þ£ßÀ ÍßßÛßß Ðß¼ßß¾ßíëÌß²ß Ûßß£ßë, Þ£ßÀ ¹ßìÝª~ Ûßß£ßíëÝ ¼ßëÝ ßìÀ à²ßµßÖß¾ßë ß¾ßë à½ßÀª~ßàÉßª~ ¹ßª~ß¾ßë µßÆàËßàÏÖ¾ßíëÝ ª~ã ºßã Ðß¼ßãßß ª~À£ßã Ñì.
Ëßà±ß ªë~ §íìÀß²ß ß¾ßíëàÌß£ß ¹ßì×ª~íëÝ ª~ã ÐßÞÛ¾ßß ªë~ Ðßß¦ß ÉßëÛßß µßÀãßß Ðßà¼ßà£ß ª~ã ¹ßì×ª~íëÝ ¼ßëÝ Ðß§Ð¾ßíëÝ ª~ã ^µßàÐ¦ßà£ß ªë~ àËßËßÀ¢ß ²ßã½ßë ~ã Öë¹ßäÉß ¼ßëÝ à§¾ßë ß¾ßë ÑìÝ.
à²ß§ëÍßª~ ª~ß ²ßß¼ß ²ß§ëÍß~ ë~ µßÆ~ßÀ ^²ßª~ã ª~ß¾ßÃ-Ëßà±ß ªë~ ^µßàÐ¦ß£ß ¹ßì×ª~íëÝ ª~ã
§íìÀß²ß ÉßëÛßß µßÀãßß ÐßÞÛ¾ßß
Ðßà¼ßà£ß ª~ã ¹ßì×ª~íëÝ ª~ã ÐßÞÛ¾ßß
ÎÇßã Ëßã.½ß.Àß¼ßè~Ï¢ß²ß, ±¾ßß/ßìÀ ~ß¾ßÃµßßÉß~ 9 9
ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß ÐËß£ßÞ¥ß à²ß§ëÍß~
Íßë¾ßÀ±ßßÀª~íëÝ Ðßë ½ßä²ßß ß¾ßß à²ß§ëÍßª~
ÎÇßã ~É¾ßß¢ß ¼ßäÛßÌßãÃ, Ðß§Ð¾ß 02 02
ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~
ÎÇßã à²ßÉß àßÀíë¥ßß, Ðß§Ð¾ß 07 07
ÎÇßã ¼ß±ßäÐßæ§²ß µßÆÐßß§, Ðß§Ð¾ß 08 03
ÎÇßã¼ß£ßã ¼ß±ßäàÉß~ß µßã Ðßää~Éß, Ðß§Ð¾ß 01 01
ÎÇßã ¹ßã.¼ßÑëÍËßÀ²ß, Ðß§Ð¾ß/ßìÀ ~ß¾ßÃµßßÉß~/ÐËß£ßÞ¥ß 09 08
ºßßàÀ¹ßìÝ~ ²ßßà¼ß£ßã à²ß§ëÍßª~ à²ß§ëÍß~
ÎÇßã ²ßäµß µßÆ~ßÍß ßßÃ, Ðß§Ð¾ß/ßìÀ ~ß¾ßÃµßßÉß~/ÐËß£ßÞ¥ß 09 09
ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~ à²ß§ëÍß~
ÎÇßã µßÆë¼ß µßÆª~ßÍß µßßÀãª~ Íßë¾ßÀ±ßßÀª~íëÞ Ðß Ðß§Ð¾ß/ßìÀ ~ß¾ßÃµßßÉß~/ÐËß£ßÞ¥ß 01 01
½ßä²ßß ß¾ßß à²ß§ëÍßª~ (µßä²ß: ½ßä²ßë ß¾ßë) à²ß§ëÍß~
* ÎÇßã ¼ß±ßäÐßæ§²ß µßÆÐßß§ ë~ 12.01.2009 Ðßë ¹ßìÝ~ ë~ à²ß§ëÍß~£Ëß Ðß¼ßßµ£ß Ñíë ß¾ßß ËßÞ ÎÇßã¼ß£ßã ¼ß±ßäàÉß~ß µßã Ðßää~Éß ~íë 13.01.2009 Ðßë à²ß§ëÍß~ ë~ Âµß ¼ßëÝ
à²ß¾ßä¬£ß à~¾ßß ß¾ßß.
82
3.2 Audit Committee of the Board

Pursuant to the directives of Reserve Bank of India, the Audit Committee of the Board of Directors was constituted with five
directors viz. Executive Director, Nominee Directors of Government of India and Reserve Bank of India and Two Independent
Non Official Directors. One of the Independent Non-Official Directors chairs the meeting of the Audit Committee. The Committee
met 9 times during the year under review, on the following dates:
25.04.2008 08.09.2008
28.04.2008 31.10.2008
28.06.2008 29.12.2008
14.07.2008 29.01.2009
25.07.2008
The Audit Committee of the Board provides directions and also overseas the operations of the total Audit Functions of the
Bank which include organization, operationalization and quality control of the internal audit and inspection system and follow
up of the Statutory / External Audit of the Bank and Annual Financial Inspection by Reserve Bank of India.
The Committee reviews internal inspection / audit functions, follow up on all issues raised in the Long Form Audit Report
(LFAR) and interacts with the external auditors in respect of LFAR. The committee also reviews the compliance of the
Accounting Standards in terms of reporting process, disclosure of financial information and compliance in terms of other
statutory requirements.
It reviews inspection reports of the specialized and extra large branches and all branches with unsatisfactory ratings. It also
reviews inter branch adjustment accounts, unreconciled long outstanding entries in inter bank accounts besides reviewing
the position of house keeping.
The attendance of the members at the Audit Committee meetings along with the number of meetings held during the period
is given below in the table:
Name of the Director Type of Director Number of Audit Committee Number of
meetings held during the meetings
period of their tenure attended
Sri V.H. Ramakrishnan Chairman / Non Executive 09 09

Director elected from amongst Independent Director
shareholders other than
Central Government
Sri Kalyan Mukherjee Member 02 02
Executive Director
Sri Anil Girotra Member 07 07
Executive Director
Sri Madhusudan Prasad* Member 08 03
Government Nominee Director
Smt Madhulika P Sukul Member 01 01
Government Nominee Director
Sri B Maheshwaran Member/ Non Executive 09 08
RBI Nominee Director Independent Director
Sri Anup Prakash Garg Member/ Non Executive 09 09
Part time Non Official Director Independent Director
Sri Prem Prakash Pareek Member / Non Executive 01 01
Director elected from amongst Independent Director
* Sri Madhusudan Prasad ceased to be Director of the Bank w.e.f. 12.01.2009 and Smt Madhulika P Sukul has been appointed
as Director in his place w.e.f 13.01.2009.
83
3.3 ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß (ßÀ©¼ßÐßã)

¹ßìÝª~ °ßÀß Ðßß¼ß²ßß àª~¾ßë Ìßß ÀÑë Ðß¼ßßÆ ÌßíëàÛß¼ß ª~ß ¼ßæÉ¾ßßÞª~²ß ª~À²ßë ªë~ àÉß© ©ËßÞ ÌßíëàÛß¼ß Ð£ßÀ ª~ß à²ß±ßßÃÀ¢ß ª~À²ßë Ìßíë ¹ßìÝÞª~ ªë~ ¹ßëÑ£ßÀ àÑ£ß ¼ßëÝ Ñì, ©ª~ ßÆäµß ª~íë ÐßÞµßæ¢ßÃ
^££ß§ßà¾ß£Ëß ÐßíìÝµß²ßë ªë~ ^§ò§ëÍ¾ß Ðßë, ¹ßìÝª~ ²ßë 28.06.2001 ª~íë ¹ßíëÊÃ ª~ã ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß ª~ß ß×²ß àª~¾ßß Ñì. Ðßà¼ßà£ß ¼ßëÝ ±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~, ª~ß¾ßÃµßßÉßª~
à²ß§ëÍßª~, ºßßÀ£ß ÐßÀ~ßÀ ²ßßà¼ß£ßã à²ß§ëÍß~ ©ËßÞ £ßã²ß ²¾ß à²ß§ëÍßª~ ÑìÝ. ËßÏßÃ ªë~ §íìÀß²ß Ðßà¼ßà£ß ²ßë ¿: ¹ßßÀ ¹ßì×ªëÝ~ ª~ã ÑìÝ ©ËßÞ ¹ßìÝª~ °ßÀß µßàÀ½ßßÉß²ß, ¹ßßÌßßÀ ©ËßÞ <~¢ß
ÌßíëàÛß¼ß ÌßìÐßë àËßàºß²²ß ¼ßß¼ßÉßíëÝ µßÀ ½ß½ßßÃ ª~ã Ñì.
ËßÏßÃ ªë~ §íìÀß²ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß ²ßë à²ß¼²ßàÉßàÛß£ß £ßßÀãÛßíëÝ ~íë ¹ßì×ª~ëÝ ª~ã ÑìÞ:
02.06.2008 06.12.2008
25.07.2008 29.01.2009
23.09.2008 07.03.2009
ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß ª~ã ¹ßì×ª~íëÝ ¼ßëÝ Ðß§Ð¾ßíëÝ ª~ã ^²ßª~ã ÐßëËßßËßà±ß ªë~ §íìÀß²ß ^µßàÐ¦ßà£ß à²ß¼²ß ÐßßÀ¢ßã ¼ßëÝ §ã ß¾ßã Ñì.
à²ß§ëÍßª~ ª~ß ²ßß¼ß ^²ßª~ã ÐßëËßßËßà±ß ªë~ §íìÀß²ß ^µßàÐ¦ß£ß ¹ßì×ª~íëÝ ª~ã
ß¾ßíëàÌß£ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß ÐßÞÛ¾ßß
ªë~ ¹ßì×ª~íëÝ ª~ã ÐßÞÛ¾ßß
Êß.ë~.Àß¼ßè~Ï¢ß²ß, ±¾ßß 01.04. 2008 Ðßë 02 02
±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍß~ 31.07.2008
ÎÇßã ßÀ.Ðß.ÀëÊòÊã ±¾ßß 02.08. 2008 Ðßë 04 04
±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~ 31.03. 2009
ÎÇßã ~É¾ßß¢ß ¼ßäÛßÌßãÃ Ðß§Ð¾ß 01.04. 2008 Ðßë Éßßßæ ²ßÑãÝ Éßßßæ ²ßÑãÝ
ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~ 30.04. 2008
ÎÇßã à²ßÉß àßÀíë¥ßß Ðß§Ð¾ß 17.05. 2008 Ðßë 06 06
ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~ 31.03. 2009
ÎÇßã ¼ß±ßäÐßæ§²ß µßÆÐßß§, ºßßÀ£ß Ðß§Ð¾ß 01.04. 2008 Ðßë 04 02
ÐßÀ~ßÀ ²ßßà¼ß£ßã à²ß§ëÍßª~ 12.01. 2009
ÎÇßã¼ß£ßã ¼ß±ßäàÉß~ß µßã Ðßää~Éß Ðß§Ð¾ß 13.01. 2009 Ðßë 02 02
ºßßÀ£ß ÐßÀ~ßÀ ²ßßà¼ß£ßã à²ß§ëÍßª~ 31.03. 2009
ÎÇßã ë~.ÞÌß²ßµµßß, Ðß§Ð¾ß 01.04. 2008 Ðßë 03 03
ÞÍß~ßÉßã²ß ßìÀ ÐßÀª~ßÀã 29.11.2008
à²ß§ëÍßª~
ÎÇßã Ðßä²ßãÉß ä¼ßßÀ Ðß§Ð¾ß 01.04. 2008 Ðßë 06 03
¼ßßÑëÍËßÀã, ë~²§Æ ÐßÀ~ßÀ 13.03. 2009
ë~ à£ßàÀ¬£ß Íßë¾ßÀ±ßßàÀ¾ßíëÝ
Ðßë ½ßä²ßë ß¾ßë à²ß§ëÍß~
ÎÇßã ÀßÌßã¹ß ÍßëÛßÀ ÐßßÑæ Ðß§Ð¾ß 14.07. 2008 Ðßë 03 02
ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀ à²ß§ëÍß~ 31.03. 2009
ÎÇßã Ëßã.½ß.Àß¼ßè~Ï¢ß²ß, Ðß§Ð¾ß 01.04. 2008 Ðßë 06 06
ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßà£ß¬£ß 13.03. 2009
Íßë¾ßÀ±ßßÀª~ßëÝ Ðßë ½ßä²ßß ß¾ßß à²ß§ëÍßª~ ËßÞ 14.03. 2009 Ðßë
31.03. 2009
ÎÇßã ì~ÉßßÍß À³ßäÀß¼ß²ß, Ðß§Ð¾ß 14.03. 2009 Ðßë Éßßßæ²ßÑãÞ Éßßßæ²ßÑãÝ
ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßà£ß¬£ß 31.03. 2009
Íßë¾ßÀ±ßßÀª~ßëÝ Ðßë ½ßä²ßß ß¾ßß à²ß§ëÍßª~
84
3.3 Risk Management Committee (RMC)

Bank has constituted a Risk Management Committee of the Board on 28.06.2001 with an objective to empower one group
with full responsibility of evaluating overall risks faced by the Bank and determining the level of risks, which will be in the best
interest of the Bank. The Committee is constituted with the Chairman & Managing Director, Executive Director, Govt. of India
Nominee Director and three other Directors. The Committee met six times during the year and discussed various matters
relating to operational, market and credit risks of the Bank.
The Risk Management Committee met during the year on the following dates:
02.06.2008 06.12.2008
25.07.2008 29.01.2009
23.09.2008 07.03.2009
The attendance of the members at the Risk Management Committee meetings along with the number of meetings held
during the period of their tenure is given below in the table:
Name of the Director Type of Director Number of Risk Number of

Management Committee meetings
meetings held during the attended
period of their tenure
Dr K. Ramakrishnan Chairman
Chairman & Managing Director From 01.04.2008 to 31.07.2008 02 02
Sri R S Reddy Chairman

Chairman & Managing Director From 02.08.2008 to 31.03.2009 04 04
Sri Kalyan Mukherjee Member

Executive Director From 01.04.2008 to 30.04.2008 NA NA
Sri Anil Girotra Member

Executive Director From 17.05.2008 to 31.03.2009 06 06
Sri Madhusudan Prasad Member

Government Nominee Director From 01.04.2008 to 12.01.2009 04 02
Smt Madhlika P Sukul Member

Government Nominee Director From 13.01.2009 to 31.03.2009 02 02
Dr. K. Anjanappa 01.04.2008 to 29.11.2008 03 03

Sri Sunil Kumar Maheshwari Member

Director elected from amongst From 01.04.2008 to 13.03.2009 06 03
Central Government
Sri Rajib Sekhar Sahoo Member

Part-time Non-Official Director From 14.07.2008 to 31.03.2009 03 02
Sri V H Ramakrishnan Member

Director elected from amongst From 01.04.2008 to 13.03.2009 &
shareholders other than 14.03.2009 to 31.03.2009 06 06
Central Government
Sri K Raghuraman Member

Director elected from amongst From 14.03.2009 to 31.03.2009 NA NA
Central Government
85
3.4 Íßë¾ßÀ±ßßÀª~ ©ËßÞ à²ßËßëÍß àÍßª~ß¾ß£ß Ðßà¼ßà£ß -

3.4.1 ¹ßìÝª~ ²ßë Íßë¾ßÀ±ßßÀª~íëÝ ª~ã àÍßª~ß¾ß£ßíëÝ ªë~ à²ßËßßÀ¢ß ªë~ àÉß© àËßàÍßÏÖ Âµß Ðßë Ðßä²ßËßß¨Ã ªë~ àÉß© ¹ßíëÊÃ ª~ã Ðßà¼ßà£ß - Íßë¾ßÀ±ßßÀª~íëÝ ©ËßÞ à²ßËßëÍßª~ àÍß~ß¾ß£ß Ðßà¼ßà£ß ª~ß
ß×²ß àª~¾ßß Ñì. Ëß£ßÃ¼ßß²ß Ðßà¼ßà£ß ¼ßëÝ 5 à²ß§ëÍßª~ ÑìÝ. ¾ß¦ßß-
1. ÎÇßã ë~ À³ßäÀß¼ß²ß, Ðßà¼ßà£ß ë~ ±¾ßß, (14.03.2009 Ðßë ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß Íßë¾ßÀ±ßßÀª~ßëÝ Ðßë ½ßä²ßß ß¾ßß à²ß§ëÍßª~)
(µßÑÉßë ÎÇßã Ðßäà²ßÉß ä~¼ßßÀ ¼ßßÑëÍËßÀã, ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß Íßë¾ßÀ±ßßÀª~ßëÝ Ðßë ½ßä²ßß ß¾ßß à²ß§ëÍßª~, Ðßà¼ßà£ß ë~ ±¾ßß ¦ßë)
2. ÎÇßã ßÀ.Ðß. ÀëÊòÊã, ±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~
3. ÎÇßã à²ßÉß àßÀíë¥ßß, ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~
4. ÎÇßã ë~. Àß¼ß~íëÖëÍËßÀ ÀßËß,ßìÀ ËßªÃ~¼ßë²ß ª~¼ßÃ½ßßàÀ¾ßíëÝ ª~ß à²ß§ëÍß~ µßÆà£ßà²ßà±ß£Ëß
5. ÎÇßã Íßì¹ßßÉß ßäµ£ßß, ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~.
½ßßÉßæ ËßÏßÃ ë~ §íìÀß²ß Íßë¾ßÀ±ßßÀª~ ©ËßÞ à²ßËßëÍß àÍß~ß¾ß£ß Ðßà¼ßà£ß ª~ã 4 ¹ßì×ª~ëÝ Ñä¨Ã ¾ßß²ßã, (23.06.2008, 14.07.2008, 11.10.2008 ËßÞ 23.02.2009)
ËßÞ àÍß~ß¾ß£ßíëÝ ~ã àÐ¦ßà£ß ~ã Ðß¼ßãßß ~ã.
à²ß§ëÍßª~ ª~ß µßÆ~ßÀ Íßë¾ßÀ±ßßÀª~ ©ËßÞ à²ßËßëÍßª~ àÍßª~ß¾ß£ß Ðßà¼ßà£ß ª~ã ¹ßì×ª~íëÝ ª~ã ÐßÞÛ¾ßß
Ëßà±ß ë~ §íìÀß²ß ß¾ßíëàÌß£ß ^µßàÐ¦ß£ß
ÎÇßã Ðßä²ßãÉß ä~¼ßßÀ ¼ßßÑëÍËßÀã, 4 1
±¾ßß/Íßë¾ßÀ±ßßÀª~ßëÝ Ðßë ½ßä²ßß ß¾ßß à²ß§ëÍßª~
ÎÇßã ì~ÉßßÍß À³ßäÀß¼ß²ß, Éßßßæ ²ßÑãÝ Éßßßæ ²ßÑãÝ
±¾ßß/ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß Íßë¾ßÀ±ßßÀª~ßëÝ Ðßë ½ßä²ßß ß¾ßß à²ß§ëÍßª~
Êß. ªë~.Àß¼ßªè~Ï¢ß²ß 2 2
Ðß§Ð¾ß/±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~
ÎÇßã ßÀ.Ðß.ÀëÊòÊã 2 2
Ðß§Ð¾ß/±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~
ÎÇßã ~É¾ßß¢ß ¼ßäÛßÌßãÃ, Éßßßæ ²ßÑãÝ Éßßßæ ²ßÑãÝ
Ðß§Ð¾ß/ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~
ÎÇßã à²ßÉß àßÀíë¥ßß, 4 4
Ðß§Ð¾ß/ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~
ÎÇßã ªë~.Àß¼ß~íëÖëÍËßÀ ÀßËß, 4 4
Ðß§Ð¾ß/ßìÀ ËßªÃ~¼ßë²ß ª~¼ßÃ½ßßÀã ª~ß à²ß§ëÍßª~
ÎÇßã Íßì¹ßßÉß ßäµ£ßß, 4 3
Ðß§Ð¾ß/ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~
3.4.2 ÐÖíîª~ ©{Ðß½ßëÞÌß ªë~ àÉßàÐÖÞß ª~ÀßÀ, ÛßÞÊ 47 ªë~ ²ßäÂµß Ðßë¹ßã °ßÀß ÌßßÀã ÐÖíîª~ ©{Ðß½ßëÝÌß ©ËßÞ à²ß§ëÍßíëÝ ªë~ àÉßàÐÖÞß ª~ÀßÀ ~ã àËßàºß²²ß Íß£ßíëÄ ªë~ ²ßäµßßÉß²ß
ªë~ µßÆ¾ßíëÌß²ß Ðßë ÎÇßã Öã.ßÀ Àß¼ßºß§Æ²ß, ª~¼µß²ßã Ðßà½ßËß ª~íë ²ßäµßßÉß²ß à±ßª~ßÀã ªë~ Âµß ¼ßëÝ à²ß¾ßä{£ß àª~¾ßß ß¾ßß Ñì.
3.4.3 àÀµßíëÖßÃ±ßã²ß ËßÏßÃ ªë~ §íìÀß²ß 31.03.2009 ~ã àÐ¦ßà£ß ¼ßëÝ ¹ßìÝª~ ©ËßÞ Íßë¾ßÀ Þ£ßÀ¢ß ÌßëÝÖ ¼ßëÐßÐßÃ ©¼ßÐßã©Ðß àÉßà¼ßÖëÊ, ¼ßä¼¹ß¨Ã °ßÀß µßÆßµ£ß ²ßäÀíë±ß/àÍßª~ß¾ß£ßíëÝ ª~ã
ªä~Éß ÐßÞÛ¾ßß 6271/30 Ñì.
Íßë¾ßÀ±ßßÀª~íëÝ ª~ã ÐßÞ£ßäàÏÖ ªë~ ²ßäÂµß ²ßÑãÝ à²ßµßÖß¾ßã ß¾ßã àÍßª~ß¾ß£ßíëÝ ª~ã ÐßÞÛ¾ßß Íßæ²¾ß Ñì. ÉßÞà¹ß£ß àÍß~ß¾ß£ßíëÝ ~ã ÐßÞÛ¾ßß Íßæ²¾ß Ñì.
86
3.4 Shareholders and Investors Grievances Committee

3.4.1 The Bank has constituted a Committee of the Board - Shareholders and Investors Grievances Committee to
specifically look into the redressal of the shareholders grievances. Presently the Committee consists of 5 Directors i.e.,
1. Sri K Raghuraman, Chairman of the Committee, (Director elected from amongst shareholders other
than Central Government) since14.03.2009.
(Earlier Sri Sunil Kumar Maheshwari, Director elected from amongst shareholders other than Central
Government was the Chairman of the Committee)
2. Sri R S Reddy, Chairman and Managing Director
3. Sri Anil Girotra, Executive Director
4. Sri K Ramakoteswara Rao, Director Representing Non Workmen Employee
5. Sri Shaibal Gupta, Part-time Non-Official Director
The Shareholders and Investors Grievances Committee met 4 times during current year i.e., (23.06.2008, 14.07.2008,
11.10.2008 and 23.02.2009) and reviewed the position of the complaints.
Type of Director No. of meetings of shareholders and

Investor Grievances Committee
Held during the tenure Attended
Sri Sunil Kumar Maheshwari

Chairman / Director elected from amongst shareholders other than
Central Government 4 1
Sri K Raghuraman
Chairman / Director elected from amongst shareholders other than
Central Government NA NA
Dr K. Ramakrishnan
Member / Chairman & Managing Director 2 2
Sri R S Reddy
Member / Chairman & Managing Director 2 2
Sri Kalyan Mukherjee

Member / Executive Director NA NA
Sri Anil Girotra

Member / Executive Director 4 4
Sri K Ramakoteswara Rao

Member / Non Workmen Employee Director 4 4
Sri Shaibal Gupta

Member / Part-time Non-Official Director 4 3
3.4.2 In terms of Clause 47 of the Listing Agreement entered into with Stock Exchanges, Mr. T.R. Ramabhadran, Company
Secretary is designated as the Compliance Officer for the purpose of complying with the various terms of the Listing Agreement
with Stock Exchanges and Directives issued by SEBI.
3.4.3 The total number of requests / complaints received by the Bank and the Share Transfer Agents, M/s. MCS Limited,
Mumbai during the year under review was 6271 / 30 respectively as on 31.03.2009.
Number of requests / complaints not resolved to the satisfaction of the Shareholders is NIL
Number of pending complaints NIL
87
3.5 Íßë¾ßÀ Þ£ßÀ¢ß Ðßà¼ßà£ß

Íßë¾ßÀ Þ£ßÀ¢ß Ðßà¼ßà£ß ~ß ß×²ß Ðß¼ß¾ß-Ðß¼ß¾ß µßÀ à~¾ßß Ìßß£ßß Ñì ËßÞ à²ß¼²ßàÉßàÛß£ß Ðß§Ð¾ßíëÝ ªë~ Ðßß¦ß 06.12.2008 ª~íë Íßë¾ßÀ Þ£ßÀ¢ß Ðßà¼ßà£ß µßä²ßßÃà×£ß ª~ã ß¾ßã.
1. ±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~ / ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~ (±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~ ª~ã ²ßäµßàÐ¦ßà£ß ¼ßëÝ)
2. ÎÇßã Ëßã.½ß.Àß¼ßè~Ï¢ß²ß, à²ß§ëÍß~
3. ÎÇßã Öã.ÀËßãÝ§Æ²ßß¦ß, à²ß§ëÍß~
ËßÏßÃ 2008-09 ë~ §íìÀß²ß Ðßà¼ßà£ß ²ßë 6575 Ííë¾ßÀ Þ£ßÀ¢ííëÝ ~ß ²ßä¼ßíë§²ß à~¾ßß Ñì Ìßíë ä~Éß 251763160 ÑìÝ. Ðßà¼ßà£ß Íßë¾ßÀíëÝ ªë~ Þ£ßÀ¢ß ~ã µßäàÏÖ ~À£ßã Ñì.
ËßÏßÃ ªë~ §íìÀß²ß Íßë¾ßÀ Þ£ßÀ¢ß Ðßà¼ßà£ß ª~ã §Ðß ¹ßì×ªëÝ~ Ñä¨Ã ÑìÝ. Þ£ßÀ¢ßíëÝ ª~ß ÐßÞµßæ¢ßÃ àËßËßÀ¢ß ¹ßíëÊÃ ~íë ËßßàÏßÃª~ Âµß Ðßë ÀÛßë Ìßß£ßë ÑìÝ. ¹ßìÝª~ ¾ßÑ Ðßäà²ßàÍ½ß£ß ª~À£ßß Ñì àª~ Íßë¾ßÀíëÝ
ª~ã Ìß¼ßß à£ßà¦ß Ðßë ©ª~ ¼ßÑã²ßë ªë~ Þ§À Ðßºßã Þ£ßÀ¢ß àËßà±ßËß£ßò µßÆºßßàËß£ß àª~¾ßë Ìßß£ßë ÑìÝë. ¹ßìÝª~ ßßëë ¾ßÑ ºßã Ðßäà²ßàÍ½ß£ß ª~À£ßß Ñì àª~ àÍßª~ß¾ß£ßëÝ à²ß±ßßÃàÀ£ß Ðß¼ß¾ß ¼ßëÝ à²ßµßÖß
Éßã ß¾ßã ÑìÝë ßìÀ àÍßª~ß¾ß£ßíëÝ ªë~ Þà£ß¼ß à²ßµßÖß²ß Ñë£ßä ÌßÑíïÞ Ìßíï½ß ª~ã ßËßÍ¾ßª~£ßß Ñì ËßÑíïÞ Íßë¾ßÀ±ßßÀª~íëÝ ª~íë £ßäÀÞ£ß Þ£ßàÀ¼ß ^££ßÀ/Ðßæ½ß²ßß §ëª~À à²ßµßÖß²ß à~¾ßß Ìßß£ßß Ñì.
~ µßß Ðßë à±ß~ ÉßÞà¹ß£ß Ííë¾ßÀ Þ£ßÀ¢ß ë~ àÉß ~íë¨Ã ²ßäÀß±ß ²ßÑãÝ à~¾ßß ß¾ßß Ñì ËßÞ 31.03.2009 ~íë Þ£ßÀ¢ß ë~ àÉß ~íë¨Ã Íßë¾ßÀ ÉßÞà¹ß£ß ²ßÑãÝ Ñì.
3.6 ßÆßÑª~ ÐßëËßß Ðßà¼ßà£ß:
¹ßìÝª~ ²ßë ßÆßÑª~ ÐßëËßß ª~ã ßä¢ßËß££ßß ©ËßÞ ^Ðß¼ßëÝ Ðßä±ßßÀ ¨£¾ßßà§ ªë~ àÉß© ¹ßíëÊÃ ª~ã Ðßà¼ßà£ß ßÆßÑª~ ÐßëËßß Ðßà¼ßà£ß ª~ß ß×²ß àª~¾ßß Ñì. Ðßà¼ßà£ß ²ßë 23.06.2008,
19.08.2008 ËßÞ 30.12.2008 ª~íë £ßã²ß ¹ßßÀ ¹ßì×ªëÝ~ ß¾ßíëàÌß£ß ª~ã ÑìÝ. Ðßà¼ßà£ß ¼ßëÝ 7 à²ß§ëÍßª~ ÑìÝ ¾ß¦ßß:
1. ±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~
2. ÎÇßã ¹ßã,¼ßÑëÍËßÀ²ß, ºßßàÀ¹ßìÝª~ ²ßßà¼ß£ßã à²ß§ëÍßª~
3. ÎÇßã Ëßã.©½ß.Àß¼ßªè~Ï¢ß²ß, ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß Íßë¾ßÀ±ßßÀª~íëÝ Ðßë ½ßä²ßß ß¾ßß à²ß§ëÍßª~
4. ÎÇßã ë~ Àß¼ß~íëÖëÍËßÀ ÀßËß, ßìÀ ËßÃ~¼ßë²ß ~¼ßÃ½ßßÀã à²ß§ëÍß~
5. ÎÇßã Öã. ÀËßãÝ§Æ²ßß¦ß, ËßÃ~¼ßë²ß ~¼ßÃ½ßßÀã à²ß§ëÍß~
6. ÎÇßã ²ßæµß µßÆ~ßÍß ßßÃ, ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~
7. ÎÇßã Íßì¹ßßÉß ßäµ£ßß, ÞÍß~ßÉßã²ß ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~
3.7 µßßàÀ£ßíëàÏß~ Ðßà¼ßà£ß
àËß££ß ¼ßÞ¥ßßÉß¾ß (¼ßßë¶~) µß¥ß ÐßÞÛ¾ßß ¶~ 20/1/2005-¹ßãßëß¨Ã, à§²ßßÞ~ 09.03.2007 ë~ ²ßäÐßßÀ ¹ßìÝ~ ²ßë ¹ßíëÊÃ ~ã µßßàÀ£ßíëàÏß~ Ðßà¼ßà£ß ~ß ß×²ß
24.03.2007 ~íë à~¾ßß Ñì. ¼ßßë¶~ µß¥ß ë~ ²ßäÐßßÀ ÐßßËßÃÌßà²ß~ ßë¥ß ë~ ¹ßìÝ~ ë~ µßæ¢ßÃ~ßàÉß~ à²ß§ëÍß~ ~ß¾ßÃà²ßÏµßß§²ß âÉß~òÊ µßÆíë£ÐßßÑ²ß µßäÀÐ~ßÀ ë~ àÉß µßß¥ß
ÑìÝ Ìßíë ÐÖëÖ¼ßëÝÖ ßî¶~ ÞÖëÝÖ ßî¶~ ßíëÉÐß ë~ ß±ßßÀ µßÀ ~ß¾ßÃà²ßÏµßß§²ß ¼ßæÉ¾ßßÞ~²ß ¼ßìàÖÅ¬Ðß ë~ àÉß à²ß±ßßÃàÀ£ß ¹ßíëÊÃ µßàÀ¼ßß¢ßß£¼ß~ µßìÀß¼ßãÖÀ ËßÞ àµß¿Éßë àËß££ßã¾ß ËßÏßÃ ë~
§íìÀß²ß àËßàºß²²ß ²ßäµßßÉß²ß àÀµßíëÖíëÄ ë~ ß±ßßÀ µßÀ ¹ßëÝ½ß ¼ßßÃ~ ~ã µßÆßàµ£ß ë~ ±ßã²ß Ñì. µßàÀ¼ßß¢ßß£¼ß~ ËßÞ ßä¢ßËß££ßß µßìÀß¼ßãÖÀíëÝ ë~ ¼ßæÉ¾ßßÞ~²ß ~ß ß±ßßÀ ÐßÞ¹ßÞà±ß£ß ËßÏßÃ
ë~ 31 ¼ßß½ßÃ ~íë ¹ßìÝ~ ë~ ÉßëÛßß µßÀãàß£ß àËß££ã¾ß ÊßÖß Ñíëßß.
µßæ¢ßÃ~ßàÉß~ à²ß§ëÍß~íëÝ ¾ßß²ßã, ¹ßìÝ~ ë~ ±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍß~ ËßÞ ~ß¾ßÃµßßÉß~ à²ß§ëÍß~, ~íë ~ß¾ßÃà²ßÏµßß§²ß àÉß~òÊ µßÆíë£ÐßßÑ²ß µßäÀÐ~ßÀ ~ß à²ß¢ßÃ¾ß Éßë²ßë ë~ àÉß ¹ßìÝ~/
µßæ¢ßÃ~ßàÉß~ à²ß§ëÍß~íëÝ ë~ ~ß¾ßÃà²ßÏµßß§²ß ~ß ¼ßæÉ¾ßßÞ~²ß µßßàÀ£ßíëàÏß~ Ðßà¼ßà£ß ~Àëßã.
Ðßà¼ßà£ß ~ß ß×²ß à²ß¼²ßàÉßàÛß£ß Ðß§Ð¾ßíëÝ Ðßë à~¾ßß ß¾ßß Ñì. (31.03.2009 ~íë)
1. ÎÇßã¼ß£ßã ¼ß±ßäàÉß~ß µßã Ðßää~Éß, ºßßÀ£ß ÐßÀ~ßÀ ²ßßà¼ß£ßã à²ß§ëÍß~(Ðßà¼ßà£ß ë~ ±¾ßß)
2. ÎÇßã ¹ßã. ¼ßÑëÍËßÀ²ß, ºßßàÀ ¹ßìÝ~ ²ßßà¼ß£ßã à²ß§ëÍß~
3. ÎÇßã Ëßã.½ß. Àß¼ßè~Ï¢ß²ß, à²ß§ëÍß~, ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß Íßë¾ßÀ±ßßÀ~íëÝ Ðßë ½ßä²ßß ß¾ßß à²ß§ëÍß~
4. ÎÇßã µßÆë¼ß µßÆ~ßÍß µßßÀã~, à²ß§ëÍß~, ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß Íßë¾ßÀ±ßßÀ~íëÝ Ðßë ½ßä²ßß ß¾ßß à²ß§ëÍß~
Ðßà¼ßà£ß ~ã ¹ßì×~ 08.05.2008 ~íë ~ã ß¾ßã ËßÞ Æ~¼ß ÐßÞÛ¾ßß 2,3,4 ¼ßëÝë ÉÉßëàÛß£ß Ðß§Ð¾ßíëÝ Ðß¼ßë£ß ÎÇßã ¼ß±ßäÐßæ§²ß µßÆÐßß§, ºßßÀ£ß ÐßÀ~ßÀ ²ßßà¼ß£ßã à²ß§ëÍß~ µßàÐ¦ß£ß
Ñä.
88
3.5 Share Transfer Committee

Share Transfer committee is being constituted from time to time and the last reconstitution was on 06.12.2008 with the
following members:
1. Chairman & Managing Director / Executive Director (in absence of CMD)
2. Mr. V H Ramakrishnan, Director
3. Mr. T Ravindranath, Director
The committee approved 6575 share transfers aggregating 251763160 shares during the year 2008-09. The committee
confirms the transfer of shares. Ten Meetings of the Share Transfer Committee were held during the year. The details of the
transfers are being placed to the Board annually. The Bank ensures that all the transfers are duly affected within a period of
1 month from the date of their lodgment. The Bank further ensures that complaints are disposed off in a time bound manner
and the complaints which needs enquiry for final disposal are attended with immediate interim reply / information to the
shareholders.
There was no share transfer request which has been pending for more than a month and no shares are pending for transfer
as on 31.03.2009.
3.6 Customer Service Committee:
The Bank had constituted a Committee of the Board Customer Service Committee to monitor the quality of customer
service, improvement thereof, etc. The Committee met three times on 23.06.2008, 19.08.2008 and 30.12.2008.
The Committee consists of 7 Directors, viz., (as on 31.03.2009)
1. Sri R S Reddy, Chairman & Managing Director
2. Sri B Maheshwaran, RBI Nominee Director
3. Sri V H Ramakrishnan, Director elected from amongst shareholders other than Central Government
4. Sri K Ramakoteswara Rao, Non-Workmen Employee Director
5. Sri T Ravindranath, Workmen Employee Director
6. Sri Anup Prakash Garg, Part-time Non-Official Director
3.7 Remuneration Committee:
The Bank has in terms of Ministry of Finance (MOF) letter no. F20/1/2005-BOI, dated 09.03.2007, constituted a Remuneration
Committee of the Board on 24.03.2007. In terms of MOF letter, the Whole Time Directors of Public Sector Banks would be
entitled to performance linked incentives subject to achievement of broad quantitative parameters fixed for performance
evaluation matrix based on the Statement of Intent of Goals and qualitative parameters and bench marks based on various
compliance reports during the last financial year. The basis of evaluation of the quantitative and qualitative parameters would
be the Banks audited financial data as on March 31st of the relevant year.
The Remuneration Committee shall evaluate the performance of the Bank / full time Directors for deciding the performance
linked incentives to be paid to the whole time Directors i.e., Chairman & Managing Director and Executive Director of the
Bank.
The Committee is constituted with the following members (as on 31.03.2009):
1. Smt Madhulika P Sukul, GOI Nominee Director (Chairman of the Committee)
3. Sri V H Ramakrishnan, Director elected from amongst shareholders other than Central Government
4. Sri Prem Prakash Pareek, Director elected from amongst shareholders other than Central Government
The committee met on 08.05.2008 and Sri Madhusudan Prasad, GOI Nominee Director(the then Director) along with other
members mentioned at serial numbers 2,3,4 attended the meeting.
89
3.8 ¹ßíëÊÃ ~ã ²ßß¼ßßÞ~²ß Ðßà¼ßà£ß

30.11.2007 ~íë ¹ßíëÊÃ ~ã ²ßß¼ßßÞ~²ß Ðßà¼ßà£ß ~ß ß×²ß à~¾ßß ß¾ßß ËßÞ à²ß¼²ß à²ß§ëÍß~íëÝ ë~ Ðßß¦ß 06.12.2008 ~íë µßä²ßßÃà×£ß à~¾ßß ß¾ßß.
1. ÎÇßã ¹ßã. ¼ßÑëÍËßÀ²ß, ºßßÀ£ß ÐßÀ~ßÀ ²ßßà¼ß£ßã à²ß§ëÍß~
2. ÎÇßã ²ßæµß µßÆ~ßÍß ßßÃ, ÞÍß~ßàÉß~ ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~
3. ÎÇßã Íßì¹ßßÉß ßäµ£ßß, ÞÍß~ßàÉß~ ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~
4. ÎÇßã ÀßÌßã¹ß ÍßëÛßÀ ÐßßÑæ, ÞÍß~ßàÉß~ ßìÀ ÐßÀ~ßÀã à²ß§ëÍß~
ËßÏßÃ ë~ §íìÀß²ß ²ßß¼ßßÞ~²ß Ðßà¼ßà£ß ~ã ¹ßì×~ëÝ 25.07.2008 ËßÞ 23.02.2009 ~íë ß¾ßíëàÌß£ß ~ã ß¾ßã ÑìÝ.
3.9 ²¾ß Ðßà¼ßà£ß¾ßíï:Þ
ª~¨Ã ²¾ß ª~ß¼ßª~ßÌßã Ðßà¼ßà£ß¾ßíïÞ ÑìÞ àÌß²ß¼ßëÝ ±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~, ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~, ¼ßÑß µßÆ¹ßÞ±ßª~ ©ËßÞ àËßºßßßã¾ß ª~ß¾ßÃµßßÉßª~ Ìßíë §ì²ßÞà§²ß ª~ß¼ßª~ßÌß, Ðß¼ßãßß,
Ë¾ßßµßßÀ ªë~ àËßàºß²²ß µßÑÉßäßëÝ ª~ã ¼ßß²ßãÖâÀß ª~À£ßë ÑìÝ. ä~¿ ¼ßÑ£Ëßµßæ¢ßÃ ª~ß¼ßª~ßÌßã Ðßà¼ßà£ß¾ßíïÞ à²ß¼²ßß²ßäÐßßÀ ÑìÞ.
1. ßàÐ£ß §ë¾ß£ßß Ðßà¼ßà£ß (ßïÉß~íë)
2. µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß
3. à²ßËßëÍß Ðßà¼ßà£ß
4. ÌßíëàÛß¼ß ß±ßßàÀ£ß µß¾ßÃËßëß¢ß
¨²ß Ðßà¼ßà£ß¾ßíëÝ ªë~ àËßËßÀ¢ß ßìÀ ^²ßªë~ ª~ß¼ßª~ßÌß ÐßÞàßµ£ß Âµß ¼ßëÝ à²ß¼²ß µßÆÐ£ßä£ß ÑìÝ.:
3.9.1 ßàÐ£ß §ë¾ß£ßß µßÆ¹ßÞ±ß²ß (©©Éß©¼ß) ©ËßÞ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß (ßîÉß~íë)ë
ßîÉª~íë à²ß¢ßÃ¾ß Éßë²ßë ËßßÉßß à²ßª~ß¾ß Ñì Ìßíë ÌßíëàÛß¼ß ß¾ß ªë~ µßàÀµßÆë¾ß ¼ßëÝ £ßäÉß²ßµß¥ß ß¾ßíëÌß²ßß ªë~ àÉß© ^££ßÀ§ß¾ßã Ñì. ßÉª~íë ¹ßìÝª~ ª~ã ½ßÉßà²ßà±ß ©ËßÞ £ßäÉß²ßµß¥ß ¼ßëÝ ¹¾ßßÌß
§À ÌßíëàÛß¼ß ª~ß ¼ßß²ßãÖÀ ª~À²ßë ªë~ àÉß© µßÆßÀÞàºßª~ µßÆßà±ßª~ßÀã Ñì. ¾ßÑ µßßàßª~ £ßíìÀ µßÀ ¹ßìÝª~ ª~ã ÐßÞÀ½ß²ßß£¼ßª~ ½ßÉßà²ßà±ß, ßà£ßÍßãÉß ½ßÉßà²ßà±ß ßìÀ ¹¾ßßÌß §À ª~ã àÐ¦ßÀ
àÐ¦ßà£ß ª~ã Ðß¼ßãßß ª~À£ßã Ñì ßìÀ ¹ßíëÊÃ °ßÀß à²ß±ßßÃàÀ£ß àËßËßëª~µßæ¢ßÃ ÌßíëàÛß¼ß Ðßã¼ßßßëÝÞ/¼ßß²ß§ÞÊíëÝ ªë~ Þ£ßßÃ£ß ¼ßß²ßãÖÀ ª~À£ßã Ñì. ßîÉª~íë Ëß£ßÃ¼ßß²ß ¹¾ßßÌß §À µßÀ ¹ßìÝª~ ªë~
àËß½ßßÀ ßìÀ ºßàËßÏ¾ß Ë¾ßËßÐßß¾ß À¢ß²ßãà£ß ªë~ àÉß© à²ßà±ßª~À¢ß ª~ß ÐËßÂµß ßìÀ ^£µßß§²ß ¼ßæÉ¾ß (Ìß¼ßß ßìÀ àßÆ¼ßíëÝ µßÀ ¹¾ßßÌß §À ª~ß à²ß±ßßÃÀ¢ß) ÌßìÐßë àËßÏß¾ßíëÝ µßÀ à²ß¢ßÃ¾ß
Éßë£ßãë Ñì.
ßàÐ£ß §ë¾ß£ßß Ðßà¼ßà£ß (ßîÉª~íë) à²ß¼²ß Ðß§Ð¾ßíëÝ ªë~ Ðßß¦ß ±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~ ªë~ ²ßë£ßè£Ëß ¼ßëÝ ª~ß¼ß ª~À£ßã Ñì.
1. ~ß¾ßÃµßßÉß~ à²ß§ëÍß~
2. ¼ßÑß µßÆ¹ßÞ±ßª~ (©ª~ãªè~£ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ©ËßÞ Ðßã¼ßßÀÊã)
3. ¼ßÑß µßÆ¹ßÞ±ßª~ (Êãß¨ÃÖã)
4. ¼ßÑß µßÆ¹ßÞ±ßª~ (µßÆß¦ßà¼ßª~£ßß µßÆßµ£ß ²ßãà£ß)
5. ¼ßÑß µßÆ¹ßÞ±ßª~ (<~¢ß)
6. ¼ßÑß µßÆ¹ßÞ±ßª~ (~íîµßíëÃÀëÖ ß¾ßíëÌß²ßß)
7. ¼ßÑß µßÆ¹ßÞ±ßª~ (~ßà¼ßÃ~)
8. ¼ßÑß µßÆ¹ßÞ±ßª~ (àËßµß¢ß²ß)
9. ¼ßÑß µßÆ¹ßÞ±ßª~ (ëÝ~§Æã¾ß ÉßëÛßß)
10. ¼ßÑß µßÆ¹ßÞ±ßª~ (¼ßÐß¼ß¨Ã)
11. ¼ßÑß µßÆ¹ßÞ±ßª~ (à²ßËßëÍß ËßÞ Þ£ßÀßÃÏÖÅã¾ß ¹ßìÝàÞ~ß) ¼ßäÞ¹ß¨Ã.
12. ÐßÑß¾ßª~ ¼ßÑß µßÆ¹ßÞ±ßª~/¼ßäÛ¾ß µßÆ¹ßÞ±ß~ (ÐßÞ¾ßíëÌß~ -©ª~ãªè~£ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß)
Ðßà¼ßà£ß ²ßë Ðß¼ßãßß ËßÏßÃ ªë~ §íìÀß²ß 39 ¹ßßÀ ¹ßì×ªëÝ~ ß¾ßßàÌß£ß ª~ã ÑìÝ ßìÀ À¢ß²ßãà£ßª~ ß¾ßíëÌß²ßß, µßÆíëÊ{Ö µßÆß¨âÐßß ©ËßÞ ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß ªë~ àÉß© ¼ßÑ£Ëßµßæ¢ßÃ à²ß¢ßÃ¾ß àÉß¾ßë
ÑìÝ.
11.04.2008, 18.04.2008, 14.05.2008, 27.05.2008, 09.06.2008, 28.06.2008, 05.07.2008, 09.07.2008, 30.07.2008, 05.08.2008,
08.08.2008, 18.08.2008, 21.08.2008, 09.09.2008, 11.09.2008, 13.09.2008, 19.09.2008, 25.09.2008, 03.10.2008, 06.10.2008,
15.10.2008, 30.10.2008, 06.11.2008, 13.11.2008, 21.11.2008, 29.11.2008, 03.12.2008, 15.12.2008, 23.12.2008, 01.01.2009,
02.01.2009, 03.01.2009, 10.01.2009, 22.01.2009, 31.01.2009, 02.02.2009, 18.02.2009, 14.03.2009 ËßÞ 28.03.2009.
90
3.8 Nomination Committee of the Board

A Nomination Committee of the Board constituted on 30.11.2007 and reconstituted last on 06.12.2008 with the following
Directors:
2. Sri Anup Prakash Garg, Part-time Non-Official Director
4. Sri Rajib Sekhar Sahoo, Part-time Non-Official Director
The Nomination Committee met during the year on 25.07.2008 and on 23.02.2009.
3.9 Other Committees:
There are various other functional committees, consisting of Chairman & Managing Director, Executive Director, General
Managers and Departmental Executives, which have been constituted for day to day functioning, review and monitoring of
various aspects of business. Some of the important functional committees are as under:
1. Asset Liability Committee (ALCO)
2. Operational Risk Management Committee
3. Investment Committee
4. Risk Based Supervision Committee
The details of these Committees and their functions in brief are furnished hereunder:
3.9.1 Asset Liability Committee (ALCO)
ALCO is a decision making body responsible for Balance Sheet Planning from Risk Returns perspective. ALCO is a primary
authority for monitoring liquidity and interest rate risks in the Balance Sheet of the Bank. It reviews the structural Liquidity,
dynamic liquidity and interest rate sensitivity position of the Bank on fortnightly intervals and monitors the same to be within
the Prudential Risk limits / parameters set by the Board. ALCO also articulates the current interest rate view of the Bank and
base its decisions such as funding pattern and product pricing (fixing of interest rates on deposits and advances) for future
business strategy.
The Asset Liability Committee (ALCO) is headed by Chairman & Managing Director with the following members:
1. Executive Director
2. General Manager (Integrated Risk Management & CMRD)
3. General Manager (DIT)
4. General Manager (Priority Sector Policy Dept.)
5. General Manager (Credit)
6. General Manager (Corporate Planning)
7. General Manager (HRD)
8. General Manager (Marketing)
9. General Manager (Central Accounts)
10. General Manager (MSME)
11. General Manager (Investments & International Banking) Mumbai
12. Asst. General Manager / Chief Manager (Convener Integrated Risk Management)
The committee met 39 times during the period under review and took important decisions as regards strategic planning,
Product Pricing and Risk Management.
11.04.2008, 18.04.2008, 14.05.2008, 27.05.2008, 09.06.2008, 28.06.2008, 05.07.2008, 09.07.2008, 30.07.2008, 05.08.2008,
08.08.2008, 18.08.2008, 21.08.2008, 09.09.2008, 11.09.2008, 13.09.2008, 19.09.2008, 25.09.2008, 03.10.2008, 06.10.2008,
15.10.2008, 30.10.2008, 06.11.2008, 13.11.2008, 21.11.2008, 29.11.2008, 03.12.2008, 15.12.2008, 23.12.2008, 01.01.2009,
02.01.2009, 03.01.2009, 10.01.2009, 22.01.2009, 31.01.2009, 02.02.2009, 18.02.2009, 14.03.2009 and 28.03.2009.
91
3.9.2 µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß Ðßà¼ßà£ß

¹ßìÝª~ °ßÀß Ðßß¼ß²ßß àª~¾ßë Ìßß ÀÑë ÌßíëàÛß¼ß ª~ã µßÑ½ßß²ß, à²ß±ßßÃÀ¢ß ©ËßÞ µßÆ¹ßÞ±ß²ß ªë~ àÉß© 26 Ìßæ²ß 2003 ª~íë ßîÉª~íë ª~ã ^µßÐßà¼ßà£ß ªë~ Âµß ¼ßëÝ µßàÀ½ßßÉß²ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß
Ðßà¼ßà£ß ßà×£ß ª~ã ß¾ßã Ñì.
Ðßà¼ßà£ß à²ß¼²ß Ðß§Ð¾ßíëÝ ªë~ Ðßß¦ß ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~ ª~ã ±¾ßß£ßß ¼ßëÝ ª~ß¼ß ª~À£ßã Ñì.
1. ¼ßÑß µßÆ¹ßÞ±ßª~ (©ª~ãªè~£ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß)
4. ¼ßÑß µßÆ¹ßÞ±ßª~ (~ßà¼ßÃ~)
5. ¼ßÑß µßÆ¹ßÞ±ßª~ (ÉßëÛßß ©ËßÞ ËßÐßæÉßã µßÆ¹ßÞ±ß²ß)
6. ¼ßÑß µßÆ¹ßÞ±ßª~ (à²ßËßëÍß ËßÞ Þ£ßÀßÃÏÖÅã¾ß ¹ßìÝà~ß)
7. ¼ßÑß µßÆ¹ßÞ±ßª~ (à²ßÀãß¢ß ËßÞ ÉßëÛßß µßÀãßß)
8. ¼ßÑß µßÆ¹ßÞ±ßª~ (Éß³ßä ©ËßÞ ¼ß±¾ß¼ß ^®¼ß)
9. ¼ßÑß µßÆ¹ßÞ±ßª~ (àËßµß¢ß²ß ËßÞ Æë~àÊÖ ~ßÊÃ)
10. ¼ßÑß µßÆ¹ßÞ±ßª~ (µßàÀ½ßßÉß²ß)
11. ¼ßÑß µßÆ¹ßÞ±ßª~ (Ðßæ½ß²ßß µßÆíì®íëàß~ã)
12. ÐßÑß¾ßª~ ¼ßÑß µßÆ¹ßÞ±ßª~ (ÐßÞ¾ßíëÌß~ -©ª~ãªè~£ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß)
Ðßà¼ßà£ß ²ßë Ðß¼ßãßß ËßÏßÃ ªë~ §íìÀß²ß 14.06.2008, 10.09.2008, 24.09.2008, 21.11.2008, 03.01.2009, 19.02.2009 ËßÞ 24.03.2009 ª~íë
Ðßß£ß ¹ßßÀ ¹ßì×ªëÝ~ ß¾ßíëàÌß£ß ª~ã Ñì.
3.9.3 à²ßËßëÍß Ðßà¼ßà£ß
à²ßËßëÍßíëÝ, à²ßËßëÍß Éßë²ß§ë²ßíëÝ ~ã ¼ßßàÐß~ Ðß¼ßãßß ~ß ²ßä¼ßíë§²ß ~À²ßë, àËßàºß²²ß ¼ßä§Æß ¹ßßÌßßÀ àÛßÉßßàÊ¾ßíëÝ ~íë àËßËßë~µßæ¢ßÃ ¬ÐßµßíëÌßÀ Ðßã¼ßßßëÝ, £¾ßßà§ ë~ à²ß±ßßÃÀ¢ß ~À²ßë
ë~ àÉß à²ßËßëÍß Ðßà¼ßà£ß ª~ß µßä²ßßÃ×²ß 10.02.2006 ª~íë Ñäß Ñì.
Ðßà¼ßà£ß à²ß¼²ß Ðß§Ð¾ßíëÝ ªë~ Ðßß¦ß ±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~ ª~ã ±¾ß£ßß ¼ßëÝ ª~ß¾ßÃ ª~À£ßã Ñì.
1. ~ß¾ßÃµßßÉß~ à²ß§ëÍß~
2. ¼ßÑß µßÆ¹ßÞ±ßª~ (à²ßËßëÍß ËßÞ Þ£ßÀßÃÏÖÅã¾ß ¹ßìÝàÞ~ß)
3. ¼ßÑß µßÆ¹ßÞ±ßª~ (~ßµßíëÃÀëÖ ß¾ßíëÌß²ßß, ßÀ.¼ß.Êã. <~¢ß)
4. ÐßÑß¾ß~ ¼ßÑßµßÆ¹ßÞ±ß~/ ¼ßäÛ¾ß µßÆ¹ßÞ±ß~ (ÐßÞ¾ßíëÌß~-ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß) àËßÍßëÏß ß¼ßÞà¥ß£ß
Ðßà¼ßà£ß ²ßë Ðß¼ßãßß ËßÏßÃ ªë~ §íìÀß²ß 11.04.2008, 05.05.2008, 20.05.2008, 09.06.2008, 12.07.2008, 09.08.2008, 18.08.2008,
26.08.2008, 28.08.2208, 29.08.2008, 04.09.2008, 05.09.2008, 12.09.2008, 16.09.2008, 17.09.2008, 18.09.2008,
27.09.2008, 30.09.2008 ~íë18 ¹ßßÀ
ËßÞ
01.10.2008 Ðßë µßÆà£ßà§²ß ë~ ß±ßßÀ µßÀ ¹ßì×ªëÝ~ ß¾ßíëàÌß£ß ª~ãÝ.
3.9.4 ÌßíëàÛß¼ß ß±ßßàÀ£ß µß¾ßÃËßëß¢ß Ðßà¼ßà£ß
¹ßìÝª~ ªë~ ÌßíëàÛß¼ß ß±ßßàÀ£ß µß¾ßÃËßëß¢ß ªë~ ª~ß¾ßßÃ²Ëß¾ß²ß ËßÞ ÌßíëàÛß¼ß ß±ßßàÀ£ß ßÞ£ßàÀª~ ÉßëÛßß µßÀãßß ªë~ àÉß© ^µßß¾ßíëÝ ªë~ µß¾ßÃËßëß¢ß ªë~ àÉß© ©ËßÞ à£ß¼ßßÑã £ßíìÀ µßÀ
¹ßìÝª~ ª~ß ÌßíëàÛß¼ß µßÆíë}~ß¨Éß Ðß¼ßãßß ª~À²ßë ªë~ àÉß© ÌßíëàÛß¼ß ß±ßßàÀ£ß µß¾ßÃËßëÏß¢ß Ðßà¼ßà£ß ª~ß ß×²ß àª~¾ßß ß¾ßß.
Ðßà¼ßà£ß à²ß¼²ß Ðß§Ð¾ßíëÝ ªë~ Ðßß¦ß ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~ ª~ã ±¾ßß£ßß ¼ßëÝ ª~ß¾ßÃ ª~À£ßã Ñì.
4. ¼ßÑß µßÆ¹ßÞ±ßª~ (ª~ßà¼ßÃª~)
5. ¼ßÑß µßÆ¹ßÞ±ßª~ (ëÝ~§Æã¾ß ÉßëÛßß ©ËßÞ ËßÐßæÉßã µßÆ¹ßÞ±ß²ß)
6. ¼ßÑß µßÆ¹ßÞ±ßª~ (à²ßËßëÍß ËßÞ Þ£ßÀßÃÏÖÅã¾ß ¹ßìÝàÞ~ß)
7. ¼ßÑß µßÆ¹ßÞ±ßª~ (à²ßÀãß¢ß ËßÞ ÉßëÛßß µßÀãßß)
8. ¼ßÑß µßÆ¹ßÞ±ßª~ (Éß³ßä ©ËßÞ ¼ß±¾ß¼ß ^®¼ß)
9. ¼ßÑß µßÆ¹ßÞ±ßª~ (àËßµß¢ß²ß ËßÞ Æë~àÊÖ ~ßÊÃ)
92
3.9.2 Operational Risk Management Committee

Operational Risk Management Committee is constituted as a sub-Committee of ALCO on 26th June 2003, for identifying,
assessing & managing the Operational Risks faced by the Bank.
The Committee is headed by the Executive Director with the following members:
1. General Manager (Integrated Risk Management)
2. General Manager (Priority Sector Policy)
4. General Manager (Personnel)
5. General Manager (Central Accounts & Recovery Management)
6. General Manager (Investments & International Banking)
7. General Manager (Inspection & Audit)
8. General Manager (Small & Medium Enterprises)
9. General Manager (Marketing & Credit Card)
10. General Manager (Operations)
11. General Manager (Department of Information Technology)
12. Asst.General Manager (Convener Integrated Risk Management)
The committee met seven times during the year under review on 14.06.2008, 10.9.2008, 24.09.2008, 21.11.2008, 03.01.2009,
19.02.2009 and 24.03.2009.
3.9.3 Investment Committee
Investment Committee was reconstituted on 10.02.2006 to approve investments, monthly review of investment transactions,
to fix prudential exposure limits to various money market players, etc.
The committee is headed by Chairman & Managing Director with the following members:
1. Executive Director
3. General Manager (Corporate Planning, RMD, Credit)
4. Assistant General Manager / Chief Manager (Convener-Risk Management)
Special Invitee:
The committee met 18 times during the year under review on 11.04.2008, 05.05.2008, 20.05.2008, 09.06.2008, 12.07.2008,
09.08.2008, 18.08.2008, 26.08.2008, 28.08.2008, 29.08.2008, 04.09.2008, 05.09.2008, 12.09.2008, 16.09.2008, 17.09.2008,
18.09.2008, 27.09.2008, 30.09.2008
&
ON A DAILY BASIS FROM 01.10.2008.
3.9.4 Risk Based Supervision Committee
The Risk Based Supervision Committee was constituted for the supervision of the measures on the implementation of the
Risk Based Supervision and risk based internal audit of the bank and review of the risk profile of the bank on a quarterly
basis.
The committee is headed by the Executive Director of the bank with the following members:
2. General Manager (Priority Sector Policy)
4. General Manager (Personnel)
5. General Manager (Central Accounts & Recovery Management)
7. General Manager (Inspection & Audit)
8. General Manager (Small & Medium Enterprises)
9. General Manager (Marketing & Credit Card)
93
10. ¼ßÑß µßÆ¹ßÞ±ßª~ (µßàÀ½ßßÉß²ß)

11. ¼ßÑß µßÆ¹ßÞ±ßª~ (Ðßæ½ß²ßß µßÆíì®íëàß~ã)
12. ÐßÑß¾ßª~ ¼ßÑß µßÆ¹ßÞ±ßª~ (ÐßÞ¾ßíëÌß~- ©ª~ãªè~£ß ÌßíëàÛß¼ß µßÆ¹ßÞ±ß²ß)
Ðßà¼ßà£ß ²ßë 14.06.2008, 21.11.2008, 13.09.2008, 19.02.2009, 02.03.2009 ~íë µßßÞ½ß ¹ßßÀ ¹ßì×ªëÝ~ ß¾ßßëàÌß£ß ª~ã ÑìÝ.
4.Ðßß±ßßÀ¢ß ¹ßì×ªë~Ý
4.1 ËßßàÏßÃ~ Ðßß±ßßÀ¢ß ¹ßì×~
µßã¿Éßã £ßã²ß Íßë¾ßÀ±ßßÀ~íëÝ ~ã ËßßàÏßÃ~ Ðßß±ßßÀ¢ß ¹ßì×~íëÝ ~ß àËßËßÀ¢ß à²ß¼²ß µßÆ~ßÀ Ñì.
Ðßß±ßßÀ¢ß ¹ßì×~ £ßßÀãÛß Ðß¼ß¾ß Ð¦ßß²ß
¿×ã Ìßã¼ß 28.06.2006 µßæËßßÃÑò²ß10.30 ¹ßÌßë àÍßÉµß~Éßß Ëßëà§~ß, àÍßÉµßß Àß¼ß¼ß, Æ~ß¶~òÐß àËßÉßëÌß, ÑßÖë~ àÐßÖã ë~ µßßÐß,
¼ßß§ßµßäÀ, Ñì§Àß¹ßß§ -500 081
Ðßß£ßËßãÝ Ìßã¼ß 28.06.2007 µßæËßßÃÑò²ß10.30 ¹ßÌßë àÍßÉµß~Éßß Ëßëà§~ß, àÍßÉµßß Àß¼ß¼ß, Æ~ß¶~òÐß àËßÉßëÌß, ÑßÖë~ àÐßÖã ë~ µßßÐß,
ß×ËßãÝ Ìßã¼ß 23.06.2008 µßæËßßÃÑò²ß10.00 ¹ßÌßë àÍßÉµß~Éßß Ëßëà§~ß, àÍßÉµßß Àß¼ß¼ß, Æ~ß¶~òÐß àËßÉßëÌß, ÑßÖë~ àÐßÖã ë~ µßßÐß,
µßÀ ÉÉßëàÛß£ß àµß¿Éßã £ßã²ß ËßßàÏßÃª~ Ðßß±ßßÀ¢ß ¹ßì×ª~íëÝ ¼ßëÝ ~íë¨Ã àËßÍßëÏß ÐßÞ~Éµß µßßàÀ£ß ²ßÑãÝ à~¾ßß ß¾ßß.
àµß¿Éßë ËßÏßÃ 31.03.2008 ~íë Êß~ ¼ß£ßµß¥ß °ßÀß ~íë¨Ã àËßÍßëÏß µßÆÐ£ßßËß µßßàÀ£ß ²ßÑãÝ à~¾ßß ß¾ßß.
4.2 Ðßß±ßßÀ¢ß Ðßß¼ßß²¾ß ¹ßì×~
µßã¿Éßë £ßã²ß ËßÏßÃ ë~ §íìÀß²ß ß¾ßíëàÌß£ß Íßë¾ßÀ±ßßÀ~íëÝ ~ã Ðßß±ßßÀ¢ß Ðßß¼ßß²¾ß ¹ßì×~íëÝ ~ß àËßËßÀ¢ß à²ß¼²ß µßÆ~ßÀ Ñì.
£ßßÀãÛß Ðß¼ß¾ß Ð¦ßß²ß §ò§ëÍ¾ß
06.03.2009 µßæËßßÃÑò²ß10.00 ¹ßÌßë àÍßÉµß~Éßß Ëßëà§~ß, àÍßÉµßß Àß¼ß¼ß, ëÝ~§Æ ÐßÀ~ßÀ ë~ à£ßàÀ¬£ß
Æ~ß¶~òÐß àËßÉßëÌß, ÑßÖë~ àÐßÖã ë~ µßßÐß, Íßë¾ßÀ±ßßÀ~ à²ß§ëÍß~íëÝ ~ß ½ßä²ßßËß
¼ßß§ßµßäÀ, Ñì§Àß¹ßß§ - 500 081
5.1.¼ßÑ£Ëßµßæ¢ßÃ µßÆª~Ö²ß
¹ßìÝª~ ²ßë µßæÞÌßã ¹ßßÌßßÀ ÐßÞ¹ßÞ±ßã ¼ßß¼ßÉßíëÝ ~ã Ðßºßã ßËßÍ¾ßª~£ßßßëÞ ª~ß ²ßäµßßÉß²ß àª~¾ßß ©ËßÞ ÐÖíîª~ ©{Ðß½ßëÝÌß ¾ßß Ðßë¹ßã ¾ßß ²¾ß ª~íë¨Ã ÐßßÞàËßà±ßª~ µßÆßà±ßª~ßÀã °ßÀß àª~Ðßã ºßã
µßÆª~ßÀ ªë~ ª~ß²ßæ²ß, ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ß ©ËßÞ à²ß§ëÍßíëÝ ªë~ ßìÀ ²ßäµßßÉß²ß ªë~ àÉß© ²ß £ßíë àª~Ðßã ºßã µßÆª~ßÀ ª~ß §ÞÊ Éßßß¾ßß ß¾ßß ßìÀ ²ß £ßíë ßÉßíë½ß²ßß ª~ã ß¾ßã. ºßßÀ£ßã¾ß
Ðß²ß§ã ÉßëÛßßª~ßÀ ÐßÞÐ¦ßß²ß, ²ß¨Ã à§ÉÉßã °ßÀß ÌßßÀã ÉßëÛßß ¼ßß²ß 18 ªë~ ²ßäÐßßÀ 31.03.2009 ªë~ £ßäÉß²ßµß¥ß ªë~ ÉßëÛßíÞë µßÀ àÖµµßà¢ß¾ßíïÞ ²ßäÐßæ½ßã 17 ¼ßëÝ ¹ßìÝª~ ªë~ ÐßÞ¹ßÞà±ß£ß
µßßÖãÃ Éßë²ß§ë²ß ª~ß µßÆª~Ö²ß àª~¾ßß ß¾ßß.
ßìÀ ~ß¾ßÃµßßÉß~ à²ß§ëÍß~íëÝ ë~ Íßë¾ßÀíëÝ ~ã ÐßÞÛ¾ßß à²ß¼²ß µßÆ~ßÀ ÑìÝ :
1. ÎÇßã ²ßæµß µßÆ~ßÍß ßßÃ - 200 Íßë¾ßÀ
2. ÎÇßã µßëÆ¼ß µßÆ~ßÍß µßßÀãÛß - 430 Íßë¾ßÀ
3. ÎÇßã Ëßã ½ß Àß¼ß ~èÏ¢ß²ß - 100 Íßë¾ßÀ
4. ÎÇßã ë~ À³ßä Àß¼ß²ß - 225 Íßë¾ßÀ
²¾ß Ðßºßã ßìÀ ~ß¾ßÃµßßÉß~ à²ß§ëÍß~ Ñ¼ßßÀë ¹ßìÝ~ ë~ ¨Ãà¬ËßÖã Íßë¾ßÀ±ßßÀ~ ²ßÑãÝ ÑìÝ.
5.2 àËß££ßã¾ß ËßÏßÃ 2008-09 ë~ àÉß à²ß§ëÍß~íëÝ ~íë à§¾ßë ß¾ßë µßßàÀÎÇßà¼ß~ * ~ß àËßËßÀ¢ß
(ÀßàÍß Áµß¾ßßÞë ¼ßëÝ)
à²ß§ëÍß~ Ëßë£ß²ß ºßàËßÏ¾ß à²ßà±ß µßàÀÉßà¹±ß¾ßíïÞ àÐßâÖß ÍßäÉ~ ~ß¾ßÃà²ßÏµßß§²ß ß±ßßàÀ£ß µßÆíë£ÐßßÑ²ß ÀßàÍß
~íë ¹ßìÝ~ ~ß ÞÍß§ß²ß Ëßà±ß àËß.Ëß. ÀßàÍß
@ ÎÇßã ë~. Àß¼ßè~Ï¢ß²ß, 234257 15405 14804 Íßæ²¾ß 2007- 08 7,00,000.00
@ÎÇßãßÀ.Ðß.ÀëÊòÊã, 424444 28743 116582 Íßæ²¾ß Íßæ²¾ß Íßæ²¾ß
±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍß~.
94
10. General Manager (Operations)

11. General Manager (Department of Information Technology)
12. Asst. General Manager (Convener Integrated Risk Management)
The committee met five times during the year under review on 14.06.2008, 21.11.2008, 13.09.2008, 19.02.2009, 02.03.2009
4. General Body Meetings:
4.1 Annual General Meeting:
The details of previous three Annual General Meetings (AGM) of shareholders are as follows:
General Body Meeting Date Time Venue

Sixth AGM 28.06.2006 10.30 AM Shilpa Kala Vedika, Shilpa Ramam, Crafts Village,
Near HiTech City, Madhapur, Hyderabad 500 081
Seventh AGM 28.06.2007 10.30 AM Shilpa Kala Vedika, Shilpa Ramam, Crafts Village,
Eighth AGM 23.06.2008 10.00 AM Shilpa Kala Vedika, Shilpa Ramam, Crafts Village,
No Special Resolution was passed in the previous three Annual General Meetings stated above.
No Special Resolution was passed through postal ballot during the previous year ending 31.03.2008.
4.2 Extraordinary General Meeting:
The details of Extraordinary General Meeting of the shareholders held during last 3 years are as follows:
Date Time Venue Purpose

06.03.2009 10.00 AM Shilpa Kala Vedika, Shilpa Ramam, Election of shareholder Directors other than
Crafts Village, Near HiTech City Central Government
Madhapur, Hyderabad 500 081
5.1. Material Disclosures

The Bank had complied with all the requirements regarding Capital Market related matters and has not been imposed any
penalty or strictures by the Stock Exchanges or SEBI or any other Statutory Authority for non compliance of any law, guidelines
and directives during the last three years. The related party transactions of the Bank are disclosed in the notes on Accounts
Schedule of the Balance Sheet as on 31.03.2009 as per Accounting Standards 18 issued by the Institute of Chartered
Accountants of India, New Delhi. The Directors and Senior Management personnel affirm by the Model Code of Conduct
framed by the Bank and the same is posted on the website.
The number of shares held by Non Executive Directors is furnished below:
1. Sri Anup Prakash Garg 200 shares
2. Sri Prem Prakash Pareek 430 shares
3. Sri V H Ramakrishnan 100 shares
4. Sri K Raghuraman 225 shares
All other Non Executive Directors do not hold equity shares of our Bank
5.2 Details of remuneration* paid to Directors for the Financial year 2008-09:
(Amount in Rupees)
Director Salary Banks Perquisites Sitting Fees Performance based
contribution Incentive
to PF Period FY Amount
Sri K Ramakrishnan @ 234257 15405 14804 2007-08 700000
Sri R S Reddy @ 424444 28743 116582
95
@ ÎÇßã ~É¾ßß¢ß ¼ßäÛßÌßãÃ, 51065 3457 16773 Íßæ²¾ß 2007-08 550000

@ÎÇßã à²ßÉß àßÀíë¥ßß, 517046 34675 37449 Íßæ²¾ß Íßæ²¾ß Íßæ²¾ß
# ÎÇßã ë~ Àß¼ß~íëÖëÍËßÀ ÀßËß 434429 27996 4591 110000 Íßæ²¾ß Íßæ²¾ß
ßìÀ ËßÃ~¼ßë²ß ~¼ßÃ½ßßÀã à²ß§ëÍß~
+ ÎÇßã Öã. ÀËßãÝ§Æ²ßß¦ß, 311455 20565 Íßæ²¾ß 127500 Íßæ²¾ß Íßæ²¾ß
ËßÃ~¼ßë²ß ~¼ßÃ½ßßÀã à²ß§ëÍß~
* µßßàÀÎÇßà¼ß~ ¼ßëÝ Ëßë£ß²ß, Éßßºß, µßàÀÉßà¹±ß¾ßíïÞ £¾ßßà§ Íßßà¼ßÉß ÑìÝ
@ ÐßÀ~ßÀã àËßà²ß¾ß¼ß²ß ë~ ²ßäÐßßÀ ÐßëËßß ÐßÞàËß§ß
# ß²±ßÆß ¹ßì~ à±ß~ßÀã ÐßëËßß àËßà²ß¾ß¼ß²ß ë~ ²ßäÐßßÀ
+ à°µßßã¾ß Ðß¼ßÔßíì£ßß ë~ ²ßäÐßßÀ
ÐÖíî~ ßîµÍß²ß àËßËßÀ¢ß- Éßßßæ ²ßÑãÞ
àÖµµß¢ßã : ±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍß~ ËßÞ ~ß¾ßÃµßßÉß~ à²ß§ëÍß~ ~íë µßÆ§££ß µßßàÀÎÇßà¼ß~ ºßßÀ£ß ÐßÀ~ßÀ ë~ à²ß§ëÍß~ àÐß«ßÞ£ßíëÝ ë~ ²ßäÐßßÀ Ñì. ËßÃ~¼ßë²ß /ß²±ßÆß ¹ßìÝ~
à±ß~ßÀã ÐßëËßß àËßà²ß¾ß¼ß °ßÀß ßËß²ßÃ à°µßßã¾ß Ðß¼ßÔßíì£ßë ë~ ²ßäÐßßÀ Æ~¼ßÍß: ËßÃ~¼ßë²ß/ßìÀ ËßÃ~¼ßë²ß à²ß§ëÍß~ ~íë µßßàÀÎÇßà¼ß~ à§¾ßß Ìßß£ßß Ñì. ÝßìÀ ~ß¾ßÃ~ßÀã à²ß§ëÍß~ ~íë
µßßàÀÎÇßà¼ß~ àÐßâÖß ÍßäÉ~ °ßÀß à§¾ßß Ìßß£ßß Ñì.
6. ÐßÞÐßæ½ß²ßß ª~ë Ðßß±ß²ß
ÐÖíîª~ ©{Ðß½ßëÝÌßíëÝ ª~íë ÌßÑßÞ ¹ßìÝ~ ë~ Íßë¾ßÀ Ðßæ½ßã¹ß« àª~¾ßë ß¾ßë ÑìÝ. à£ß¼ßßÑã àËß££ßã¾ß µßàÀ¢ßß¼ß àËßà²ßà§ÃÏÖ Ðß¼ß¾ß Ðßã¼ßß ªë~ Þ£ßßÃ£ß µßÆÐ£ßä£ß àª~¾ßë ß¾ßë
¹ßìÝª µßæ¢ßÃ Âµß Ðßë àËßÍËßßÐß ª~À£ßß Ñì àª~ Ðßºßã µß¢ß±ßßàÀ¾ßíëÝ ª~íë àËßàºß²²ß ßà£ßàËßà±ß¾ßíëÝ, ª~ß¾ßÃà²ßÏµßß§²ß ©ËßÞ ^£µßß§ µßÑÉß ªë~ ¹ßßÀë ¼ßëÝ~ ÐßÞµßæ¢ßÃ Ìßß²ßª~ßÀã Ñíë²ßã ½ßßàÑ©. ËßÏßÃ
2008-09 ªë~ àÉß© ¹ßìÝª~ ªë~ ËßßàÏßÃª~, ±ßÃËßßàÏßÃª~ ©ËßÞ à£ß¼ßßÑã µßàÀ¢ßß¼ß µßÆ¼ßäÛß Ðß¼ßß½ßßÀµß¥ßíëÝ ¼ßëÝ µßÆª~ßàÍß£ß àª~¾ßë ß¾ßë ÑìÝ. ¹ßìÝª~ ªë~ Ëßë¹ßÐßß¨ÃÖ www.andhrabank.in.
µßÀ ºßã µßàÀ¢ßß¼ß ^µßÉß¹±ß ª~Àß¾ßë ß¾ßë ÑìÝ. ¹ßìÝª~ ªë~ Ðßºßã Íßë¾ßÀ±ßßÀª~íëÝ ª~íë ËßßàÏßÃª~ àÀµßíëÖÃ ºßëÌßã Ìßß£ßã Ñì. µßÆà£ß ËßÏßÃ ËßßàÏßÃª~, ±ßÃËßßàÏßÃª~ µßàÀ¢ßß¼ßíëÝ ª~ã ³ßíëÏß¢ßß ªë~ ¹ßß§
Ðßã à§²ß µßÆëÐß ¼ßãÖ ¹ßäÉßß¾ßã Ìßß£ßã Ñì àÌßÐß¼ßëÝ ±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~ ¼ßãàÊ¾ßß ªë~ Ðßºßã µßÆÍ²ßíëÝ ª~ë ^££ßÀ §ë£ßë ÑìÝ. ±¾ßß ©ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍßª~, ª~ß¾ßÃµßßÉßª~ à²ß§ëÍßª~
©ËßÞ ^½½ß ª~ß¾ßÃµßßÉßª~ µß²ßë §íìÀíëÝ ªë~ §íìÀß²ß ºßßÀ£ß ë~ ²¾ß Ð¦ßß²ßßëÞ µßÀ ßìÀ àËß§ëÍß ªë~ §íìÀíëÝ ªë~ §íìÀß²ß à²ßà±ß µßÆ¹ßÞ±ßª~íëÝ ªë~ Ðßß¦ß ßµßÐßã ¹ßì×ª~ ©ËßÞ µßÆëÐß ªë~ Ðßß¦ß
Ë¾ßà{£ßß£ß Âµß ¼ßëÝ ¹ßìÝª~ ªë~ à²ßÏµßß§²ß ªë~ ¹ßßÀë ¼ßëÝ Ìßß²ßª~ßÀã §ë£ßë ÑìÝ. à²ß¼²ß àÉßàÛß£ß Ðß¼ßß½ßßÀ µß¥ßíëÝ ¼ßëÝ àËß££ßã¾ß µßàÀ¢ßß¼ß, ~ßµßíëÃÀëÖ àËßÒßßµß²ß Ëßë Ðßæ½ß²ßßÞ ~ËßÀ ~ã Ìßß£ßã
ÑìÝ.
ÞßÆëÌßã £ßëÉßäßä âÑ§ã
à¹ßÌß²ßëÐß Éßß²ß ¨Ã²ßßÊä âÑ§ã à¼ßÉßßµß
Ê¬~²ß Æ~ßà²ß~Éß ß²±ßÆ µßÆºßß
âÑ§æ
¶~ß²ßìÝàÍß¾ßÉß ¬ÐßµßÆëÐß
7. Íßë¾ßÀ±ßßÀª~ Ìßß²ßª~ßÀã
¹ßìÝª~ ~ ²ßäÐßæà½ß£ß Ëßßà¢ßàÌ¾ßª~ ¹ßìÝª~ Ñì àÌßÐß~ß Ñì§Àß¹ßß§ ¼ßëÝ µßÆ±ßß²ß ª~ß¾ßßÃÉß¾ß Ñì. 31.03.2009 ª~íë ¹ßìÝª~ ª~ã~ 1432 ÍßßÛßß©ïÞ ©ËßÞ 17 ßÞ½ßàÉßª~ ª~ß¾ßßÃÉß¾ß
ÑìÝ.
à²ß¼²ßàÉßàÛß£ß ÐÖíîª~ ©{Ðß½ßëÌÝ ßíëÝ ¼ßëÝ ¹ßìªÝ ~ ªë~ Íßë¾ßÀ Ðßæ½ßã¹ß« ÑìÝ
~.. à§ ÐÖíîª~ ©{Ðß½ßëÝÌß, ¼ßä¼¹ß¨Ã, âÐß¹ßÉß 532418
25Ëßíï £ßÉß à}~ÀíëÌß ÌßãÌßãºßß¾ß ÖßËßÐßÃ, ÐÖß~ æ~Ö /àÐßÐÖ¼ß: ©©²ßÊã¹ßãªë~Êã©¼ß
§ÉßßÉß ÐÖÅãÖ,
¼ßä¼¹ß¨Ã - 400 001. ¶ì~¬Ðß: 022-22723121
ß. à§ ²ßìÍß²ßÉß ÐÖíîª~ ©{Ðß½ßëÝÌß ßî}~ ¨ÞàÊ¾ßß àÉßà¼ßÖëÊ, ÐÖß~ æ~Ö/ àÐß¼¹ßÉß: ß²±ßÆß ¹ßìÝª~
©{Ðß½ßëÝÌß µÉßßÌßß,
¹ßßÞ§Æß ªä~ÉßßÃ ª~ß¼µÉßë{Ðß,
¹ßßÞ§Æß µßæËßÃ, ¼ßä¼¹ß¨Ã - 400 051.
ËßßàÏßÃª~ àÉßàÐÖÞß ÍßäÉª~ ª~ß ºßäß£ßß²ß 31.03.2010 £ß~ ª~À à§¾ßß ß¾ßß Ñì.
96
Sri Kalyan Mukherjee @ 51065 3457 16773 2007-08 550000

Executive Director
Sri Anil Girotra @ 517046 34675 37449
Executive Director
Sri K Ramakoteswara Rao # 434429 27996 4591 110000
Non-Workmen Employee Director
Sri T Ravindranath + 311455 20565 127500
Workmen Employee Director
* The remuneration includes Salary, benefits, perquisites etc.

@ Service contract as per Government Regulations
# As per Andhra Bank Officers Service Regulations
+ As per Bipartite Settlement
Stock Option Details Not Applicable
Note: The remuneration paid to Chairman & Managing Director and Executive Director is as per Government of India guidelines.
The remuneration paid to Workmen / Non-workmen Director is governed by the Bipartite Settlement with workmen / Andhra
Bank Officer Service Regulations respectively. The remuneration to Non-Executive Director is being paid by way of sitting
fees only.
6. Means of Communication
Quarterly financial results are submitted to the Stock Exchanges where the shares of the Bank are listed within the stipulated
time frame.
The Bank strongly believes that all stakeholders should have access to complete information on different activities, performance
and product initiatives. Annual, half yearly and quarterly results of the Bank for the year 2008-09 were published in leading
newspapers. The results were also made available on the Banks website www.andhrabank.in. The Annual Report is sent
to all the shareholders of the Bank. Every year, after the annual, half yearly and quarterly results are declared, a Press Meet
is held on the same day in which the Chairman & Managing Director answers to the queries of the Media. The Chairman &
Managing Director, Executive Director and other top functionaries, in the course of their visits to other centers in India as well
as abroad, undertake one to one meeting with the Fund Managers as well as Press personally and appraise them about the
performance of the Bank. The following news papers mainly cover the Financial Results, Corporate Advertisements and
Notices:
English: Telugu: Hindi:
Business Line Eenadu Hindi Milap
Deccan Chronicle Andhra Prabha
Hindu
Financial Express
7. Shareholders Information
The Bank is a Scheduled Commercial Bank with the Head Office situated at Hyderabad. The Bank has its presence in 1432
branches and has 17 Zonal Offices as on 31.03.2009.
The Banks shares are listed on the following Stock Exchanges
a. Bombay Stock Exchange Limited Symbol: 532418
25th Floor, Phiroze Jeejeebhoy Towers
Dalal Street Stock Code/System: ANDBKDM
Mumbai 400 001. Fax No.022-22723121
b. The National Stock Exchange of India Ltd., Stock Code/ Symbol: ANDHRABANK
Exchange Plaza,
Bandra Kurla Complex,
Bandra East, Mumbai 400 051
The annual listing fee has been paid till 31.03.2010.
97
8.1 µßÆà£ßºßæà£ß¾ßíëÝ ª~ß Êã¼ßëÖãàÀ¾ßÉßß¨ÌßëÍß²ß

¹ßìÝª~íëÝ ªë~ Íßë¾ßÀ Ðßë¹ßã ªë~ à²ßËßß¾ßÃ Êã¼ßëÖ Ðßæ½ßã ªë~ Þ£ßßÃ£ß ÑìÝ ©ËßÞ ¹ßìÝª~ Íßë¾ßÀíëÝ ªë~ Êã¼ßëÖãàÀ¾ßÉßß¨ÃÌßëÍß²ß ªë~ àÉß© ©ª~ à²ßßßÃ¼ßã ª~¼µß²ßã ªë~ Âµß ¼ßëÝ ¹ßìÝª~ ²ßë ²ßìÍß²ßÉß àÐß{¾ßíëàÀÖã
àÊµßßàÌßÖÀã àÉßà¼ßÖëÊ (©²ß©ÐßÊã©Éß) ©ËßÞ ÐßëÝÖÅÉß àÊµßßàÌßÖÀã ÐßàËßÃÐßëÐß (¨ÞàÊ¾ßß) àÉßà¼ßÖëÊ (ÐßãÊã©Ðß©Éß) ªë~ Ðßß¦ß à²ßßëµßßßßÀ ÐßëËßßßëÝ ªë~ Ðß§Ð¾ß ªë~ Âµß ¼ßëÝ ÌËßíî¾ß²ß àª~¾ßß
Ñì. Íßë¾ßÀ±ßßÀª~ µß²ßë Íßë¾ßÀíëÝ ª~íë ©²ß©ÐßÊã©Éß ¾ßß ÐßãÊã©Ðß©Éß ¼ßëÝÞ Êã¼ßëÖãàÀ¾ßÉßß¨Ìß ª~À Ðßª~£ßë ÑìÝ. à²ßßëµßßßßÀ ÐßëËßß©ïÞ ¹ßìÞª~ ª~íë à²ß¼²ß ß¨Ã©Ðßß¨Ã©²ß ÐßÞÛ¾ßß©ïÞ ß¹ßÞàÖ£ß
ª~ã ÑìÝ.
©²ß©ÐßÊã©Éß - ß¨Ã©²ß¨Ã 434A01013
ÐßãÊã©Ðß©Éß - ß¨Ã©²ß¨Ã 434A01013
¼ßß½ßÃ 31, 2009 ª~íë ¹ßìÝª~ ªë~ 2,15,620 Íßë¾ßÀ±ßßÀª~íëÝ ¼ßëÝ Ðßë 44,023 Íßë¾ßÀ±ßßÀª~ à}~àÌßª~Éß ¼ßíëÊ ªë~ Þ£ßßÃ£ß ÑìÝ ©ËßÞ 1,71,597 Íßë¾ßÀ±ßßÀª~ ªë~ Íßë¾ßÀ Êã¼ßëÖ
}~ß¼ßÃ ¼ßëÝ ÑìÝ. ¹ßìÝª~ ªë~ 48.50 ª~ÀíëñÊ ªë~ ªä~Éß Íßë¾ßÀíëÝ ¼ßëÝ Ðßë 25 ª~ÀíëñÊ ºßßÀ£ß ÐßÀª~ßÀ ªë~ µßßÐß ÑìÝ ©ËßÞ ÍßëÏß 23.50 ª~ÀíëñÊ Ìß²ß£ßß ª~íë à²ßßÃà¼ß£ß àª~¾ßë ß¾ßë ÑìÝ. 31
¼ßß½ßÃ 2009 ª~íë ÐßßËßÃÌßà²ßª~ Íßë¾ßÀ±ßßàÀ£ßß ª~ß 95.69% ¨Éßë{ÖÅßà²ßª~ }~ß¼ßÃ ¼ßëÝ, 4.31% à}~àÌßª~Éß }~ß¼ßÃ ¼ßëÝ ÑìÝ..
8.2 ¨Éßë{ÖÅßà²ßª~ Ðß¼ßßÍßíë±ß²ß ÐßëËßß (¨ÃÐßã©Ðß):
¨Éßë{ÖÅßà²ßª~~ Ðß¼ßßÍßíë±ß²ß ÐßëËßß ©ª~ µßÆ¢ßßÉßã Ñì àÌßÐßÐßë ÉßßºßßÞÍß ßà§, ÌßÑíï ÉßßºßßÞÍß ª~ã §ß¾ßßã ªë~ ª~ßÀ¢ß à²ßËßëÍßª~ ª~íë ÀßàÍß §ë²ßß Ñíë, ^Ðßªë~ Ûßß£ßë ¼ßëÝ Ðßã±ßß Ìß¼ßß àª~¾ßß
Ìßß£ßß Ñì. ¼ßäÞ¹ß¨Ã, ²ß¨Ã à§ÉÉßã, ~íëÉß~ß£ßß, ½ßë²²ßì, Ñ¼ß§ß¹ßß§, ¹ßëÝßÉßæÀ, Ñì§Àß¹ßß§, ²ßßßµßäÀ, ½ßÞÊãßñÜ,Þ à£ßÁËß²ßÞ£ßµßäÀ¼ß, ºßä¹ß²ßëÍËßÀ, ßäßÑßÖã, Ìß¾ßµßäÀ, ~ß²ßµßäÀ, µßÖ²ßß,
~ßà~²ßßÊß, µßä¢ßë, ~íë¾ß¼¹ß£ßæÀ, ²ßëÉÉßæÀ/§ßßÃà¼ßÖòÖß, à£ßÁµßà£ß/à½ß££ßæÀ, ËßÊíë§Àß, àËßÍßßÛßßµßÖòÖ¢ß¼ß, àËßÌß¾ßËßßÊß, ¼ß§äÀß, µßß²ßßÌßã, ÐßæÀ£ß, µßßÞàÊ½ßëÀã, ÐßëÉß¼ß, ²ßßàÐß~,
ÀßÌß~íëÖ, à£ßÁà½ßÀßµßàÉÉß, ÐßíëÉßßµßäÀ ¼ßëÝ Íßë¾ßÀ±ßßÀª~íëÝ ªë~ Ûßß£ßë Ñíë²ßë µßÀ ¹ßìÝª~ ¾ßë ÐßëËßß©ïÞ §ë£ßß Ñì.
8.3 Íßë¾ßÀ Þ£ßÀ¢ß µßÆ¢ßßÉßã ©ËßÞ à²ßËßëÍßª~íëÝ ª~ã àÍßª~ß¾ß£ßíëÝ ª~ß à²ßËßßÀ¢ß
¹ßìÝÞª~ ¾ßÑ Ðßäà²ßàÍ½ß£ß ª~À£ßß Ñì àª~ Ðßºßã Þ£ßÀ¢ß ^²ßªë~ Ìß¼ßß àª~¾ßë Ìßß²ßë ª~ã à£ßà¦ß Ðßë ©ª~ ¼ßÑã²ßë ª~ã Ëßà±ß ªë~ Þ§À µßÆºßßËßã Ñíë. ¼ßÞÊÉß ²ßë Þ£ßÀ¢ßíëÝ ªë~ ²ßä¼ßíë§²ß ªë~
àÉß© ©ª~ Þ£ßÀ¢ß Ðßà¼ßà£ß ¹ß²ßß¾ßã Ñì àÌßÐßª~ã à²ß¾ßà¼ß£ß Þ£ßÀßÉßíëÝ µßÀ ¹ßì×ªëÝ~ Ñíë£ßã ÑìÝ.
Íßë¾ßÀ Þ£ßÀ¢ß, ÉßßºßßÞÍß ª~ß ºßäß£ßß²ß ©ËßÞ à²ßËßëÍßª~íëÞ~ Ðßë ÐßÞ¹ßÞà±ß£ß Ðßºßã ª~ß¾ßÃª~ÉßßµßíëÝ µßÀ ª~ßÀÃËßß¨Ã ÀàÌßÐÖÅßÀ ©ËßÞ Íßë¾ßÀ Þ£ßÀ¢ß àºßª~£ßßÃ, ¼ßëÐßÐßÃ ©¼ßÐßã©Ðß àÉßà¼ßÖëÊ, ¼ßä¼¹ß¨Ã
ªë~ ª~ß¾ßßÃÉß¾ß ¼ßëëÝ ª~ã Ìßß£ßã Ñì. Íßë¾ßÀ±ßßÀª~ Þ£ßÀ¢ß àËßÉßëÛß ©ËßÞ ²¾ß ª~íë¨Ã §Ð£ßßËßëÌß, àÍßª~ß¾ß£ß ©ËßÞ }~àÀ¾ßß§ ÀàÌßÐÖÅßÀ ©ËßÞ Íßë¾ßÀ Þ£ßÀ¢ß àºßª~£ßßÃ ªë~ à²ß¼²ß µß£ßë µßÀ
ºßëÌß Ðßª~£ßë ÑìÝ.
¼ßëÐßÐßÃ ©¼ßÐßã©Ðß àÉßà¼ßÖëÊ
~ßÍßãÀß¼ß Ìß¼ß²ßß§ßÐß à¹ßàÉÊÞß
~ß¾ßßÃÉß¾ß ²ßÞ¹ßÀ. 21/22, ºßæ£ßÉß
5, µßã Êã ¼ßëÉÉßíë ÀíëÊ (³ßàÊ¾ßßÉß ßíëàÊ)
¼ßä¼¹ß¨Ã 400 009
¹ßìÝª~ µßÆ±ßß²ß ª~ß¾ßßÃÉß¾ß ªë~ Ë¾ßßµßßÀã ¹ßìÝâª~ß µßÆºßßß ¼ßëÝ à²ßËßëÍßª~íëÝ ª~ã ÐßëËßß ª~ß àÌß¼¼ßß Éßë£ßß Ñì ©ËßÞ ÐßÞÐßæ½ß²ßß/µß¥ßß½ßßÀ/}~àÀ¾ßß§/àÍßª~ß¾ß£ßëÝ à²ßËßßÀ¢ßß¦ßÃ à²ß¼²ß µß£ßë µßÀ ºßëÌßã
Ìßß Ðßª~£ßã ÑìÝ.
Þ~µß²ßã Ðßà½ßËß
ß²±ßÆß ¹ßìªÞÝ ~,
Êß. µßÖòÖßàºß ºßËß²ß, µßÆ±ßß²ß ª~ß¾ßßÃÉß¾ß
à²ßËßëÍßª~ ÐßëËßß ²ßäºßßß
5-9-11, Ðßì}~ß¹ßß§,
Ñì§Àß¹ßß§ 500004.
ÖëÉßã}~íë²ß / }ì~{Ðß. 23230883, 23252000 àËßÐ£ßß.2388 ©ËßÞ 2371
¨Ã-¼ßëÉß µß£ßß : mbd@andhrabank.co.in
9. àËß££ßã¾ß ªì~ÉßëÊÝ À
9.1 Íßë¾ßÀ±ßßÀ~íëÝ ~ã ËßßàÏßÃ~ Ðßß±ßßÀ¢ß ¹ßì×~
¹ßìÞ~ ë~ Íßë¾ßÀ±ßßÀ~íëÝ ~ã ²ßíìËßãÝ ËßßàÏßÃ~ Ðßß±ßßÀ¢ß ¹ßì×~ ë~ àËßËßÀ¢ß
ËßßàÏßÃª~ Ðßß±ßßÀ¢ß ¹ßì×ª~ ª~ã à£ßà¦ß, Ðß¼ß¾ß Ëß Ð¦ßß²ß 25.06.2009, µßæËßßÃÑò²ß: 10.00 ¹ßÌßë
àÍßÉµß ~Éßß Ëßëà§~ß, àÍßÉµßßÀß¼ß¼ß, Æ~ß¸ÖÐß àËßÉßëÌß, Ñß¨Ã Öë~ àÐßÖã ë~ µßßÐß
¼ßß§ßµßäÀ Ñì§Àß¹ßß§ 500 081.
98
8.1 Dematerialisation of Securities :

The shares of the bank are under compulsory demat list of SEBI and the Bank has joined as a member of the Depository
Services with National Security Depository Ltd (NSDL) and Central Depository Services ( India ) Ltd (CDSL) as an issuer
company for dematerialisation of Bank shares. Shareholders can get their shares dematerialized with either NSDL or CDSL.
The Depository services have allotted the following ISIN numbers to the bank.
NSDL INE434A01013
CDSL INE434A01013
As on March 31, 2009 out of 2,15,620 shareholders of the Bank 44,023 shareholders hold the shares of the Bank
under physical mode and 1,71,597 hold the shares in demat form. Out of the total shares of 48.50 crores of the
Bank, 25 crore are held by the Government of India and the remaining 23.50 crore are issued to the public. As on 31st
March, 2009 the public shareholding in Electronic Form is 95.69% and 4.31% is in physical form.
8.2 Electronic Clearing Services (ECS)
Electronic Clearing Services is a method by which payment of dividend etc. where the amount due to the investor can directly
be credited to his/her account. The bank has offered the services to the shareholders having account at Mumbai, New Delhi,
Kolkata, Chennai, Ahmedabad, Bangalore, Hyderabad, Nagpur, Chandigarh, Thiruvananthapuram, Bhubaneswar, Guwahati,
Jaipur, Kanpur, Patna, Kakinada, Pune, Coimbatore, Nellore/Dargamitta, Tirupathi/Chittoor, Baroda, Visakhapatnam,
Vijayawada, Madurai, Panaji, Surat, Pondicherry, Salem, Nasik, Rajkot, Tiruchirapalli and Sholapur.
8.3 Share Transfer System and Redressal of Investors Grievances
The Bank ensures that all transfers are duly affected within the period of one month from the date of their lodgment. The
Board has constituted a Share Transfer Committee for approval of the Transfers, which meets at regular intervals.
Share Transfers, Dividend Payments and all other investor related activities are attended to and processed at the Office of
the Registrars and Share Transfer Agents, M/S.MCS Limited, Mumbai. The Shareholders may lodge the transfer deeds and
any other documents, grievances and complaints to the following address of the Registrars and Share Transfer Agents:
MCS LIMITED
KASHIRAM JAMNADAS BLDG.,
OFFICE NO.21/22 GROUND FLOOR
5, P.DMELLO ROAD, (GHADIYAL GODI)
MUMBAI - 400 009
The Bank also undertakes the investor services in Merchant Banking Division at Head Office of the Bank. Any communication
/ correspondence /grievances/ complaints can be sent to the following address for redressal:
The Company Secretary
Andhra Bank
Dr.Pattabhi Bhavan, Head Office
Investor Services Section
5-9-11, Saifabad,
Hyderabad 500 004.
Tel / Fax. 23230883, 23252000 Extn.2388 and 2371
E-mail add: mbd@andhrabank.co.in
9. Financial Calendar
9.1 Annual General Meeting of the shareholders:
Particulars of the Ninth Annual General Meeting of the shareholders of the Bank
Date, Time & Venue of the AGM 25.06.2009 at 10.00 A.M.
Shilpa Kala Vedika, Shilparamam,Crafts Village, Near Hi-Tech City, Madhapur,
Hyderabad-500 081.
99
9.2 àËß££ßã¾ß ì~ÉßëÊÝ À (Ð¦ßß¾ßã)

Ðß¼ßßµ£ß Ëßà±ß ë~ àÉß à£ß¼ßßÑã µßàÀ¢ßß¼ßíëÝ ~ß ²ßä¼ßíë§²ß
Ìßæ²ß 30, 2009 - ÌßäÉßß¨ÃÆ 2009 ë~ Þ£ß ¼ßëÝ
àÐß£ß¼¹ßÀ 30,2009 - ¬£ßæ¹ßÀ2009 ë~ Þ£ß ¼ßëÝ
à§Ðß¼¹ßÀ 31, 2009 - Ìß²ßËßÀã 2010 ë~ Þ£ß ¼ßëÝ
¼ßß½ßÃ 31, 2010 ÉßëÛßß µßÀãàß£ß ËßßàÏßÃ~ ÉßëÛßëÝ - µßÆìÉß -2010
9.3 ¹ßä~ ¬ÉßíëÌßÀ ~ã à£ßà¦ß (ÉßßºßßÞÍß)
16.06.2009 Ðßë 24.06.2009 £ß~ (§íë²ßíëÝ à§²ß à¼ßÉßß~À)
9.4 ÉßßºßßÞÍß ºßäß£ßß²ß à£ßà¦ß
2008-09 ë~ àÉß ÉßßºßßÞÍß ºßäß£ßß²ß à£ßà¦ß 03.07.2009
(àÖµµß¢ßã: ¹ßìÝ~ ë~ à²ß§ëÍß~ ¼ßÞÊÉß ²ßë àËß££ßã¾ß ËßÏßÃ 2008-2009 ë~ àÉß 08.05.2009 ~íë Á.4.50 µßÆà£ß Íßë¾ßÀ 45 % µßÀ ÉßßºßßÞÍß ³ßíëàÏß£ß à~¾ßß Ñì ßìÀ
03.07.2009 ~íë ºßäß£ßß²ß à~¾ßß Ìßßßß.
10.1 31.03.2009 ª~íë Íßë¾ßÀÑíëàÉÊÞß µßìÖ²ßÃ
ªÆ~¼ß ÐßÞÛ¾ßß ÎÇíë¢ßã ±ßßÀª~íëÝ ª~ã ÐßÞÛ¾ßß Íßë¾ßÀíëÝ ª~ã ÐßÞÛ¾ßß Íßë¾ßÀ ª~ß %
1 ºßßÀ£ß ÐßÀª~ßÀ 1 250000000 51.55
2 ß¼ß Ìß²ß£ßß 211066 69274252 14.28
3 ©²ßßÀß¨Ã /ßëÐßã¹ßã 709 526252 0.11
4 µßÆß¨ËßëÖ ª~ßµßíëÃÀëÖ à²ßª~ß¾ß 1623 12419625 2.56
5 ¼¾ßä½¾ßäÉß à²ßà±ß ©ËßÞ ºßßÀ£ßã¾ß ¾ßæà²ßÖ ÖÅÐÖ 38 21413472 4.42
6 ¹ßìÝª~, àËß££ßã¾ß ÐßÞÐ¦ßß²ß, ¹ßã¼ßß ª~¼µß²ßã 46 58762803 12.12
7 àËß§ëÍßã ÐßÞÐ¦ßßß£ß à²ßËßëÍßª~ 67 70919817 14.62
8 ²¾ß 2070 1683779 0.34
ªä~Éß 215620 485000000 100.00
31 ¼ßß½ßÃ 2009 ª~íë ªä~Éß àËß§ëÍßã Íßë¾ßÀÑíëàÉÊÞß 14.62% ÀÑß (31 ¼ßß½ßÃ 2008 ª~íë 19.34%) Ìßíë ¹ßìÝ~ ~ã µßÆ§££ß µßæïÌßã ë~ à²ß±ßßÃàÀ£ß Ð£ßÀ ë~ 20% ë~ Þ§À
Ñì àÌßÐß~ß àËßËßÀ¢ß à²ß¼²ßµßÆ~ßÀ Ñì:
ªÆ~ ÐßÞ ÎÇíë¢ßã 31.03.2008 ª~íë 31.03.2009 ~íë
Íßë¾ßÀ±ßßÀª~íëÝ ª~ã ÐßÞÛ¾ßß Íßë¾ßÀíëÝ ª~ã ÐßÞÛ¾ßß Íßë¾ßÀ±ßßÀª~íëÝ ª~ã ÐßÞÛ¾ßß Íßë¾ßÀíëÝ ª~ã ÐßÞÛ¾ßß
1. àËß§ëÍßã ÐßÞÐ¦ßßß£ß à²ßËßëÍßª~ 64 9,37,94,635 67 70919817
2. ©²ßßÀß¨Ã / ßëÐßã¹ßã 610 4,08,072 709 526252
ªä~Éß 674 9,42,02,707 776 71446069
10.2 ¹ßìÝ ~ ²ßë à~Ðßã ºßã µßÆ~ßÀ ~ß ÌßãÊãßÀ/ÊãßÀ/ËßßÀÞÖ ¾ßß Þ~ËßàÖÃ¹ßäÉß àÉßÛß£ß ÌßßÀã ²ßÑãÝ à~¾ßß Ñì.
10.3 31.03.2009 ~íë ¹ßìÝ ~ ë~ ½ß µßßÞ½ß Íßë¾ßÀ±ßßÀ~ ÑìÝ
ªÆ~¼ß ÐßÞ à²ßËßëÍßª~ ª~ß ²ßß¼ß ªä~Éß ÑíëàÉÊÞß ª~ß µßÆà£ßÍß£ß Íßë¾ßÀíëÝ ~ã ä~Éß ÐßÞÛ¾ßß
01 ºßßÀ£ß ÐßÀª~ßÀ 51.55 250000000
02 ÌßãËß²ß ¹ßã¼ßß à²ßß¼ß 10.17 49347505
03 Ìßë²ßëàÐßÐß ÞàÊ¾ß²ß ²ËßëÐÖ¼ßëÝÖ Þ~ àÉß. 5.42 26262908
04 àÀÉßß¾ßë²Ðß ì~àµßÖÉß ÖÅÏÖã ~íë.àÉßà¼ßÖëÊ - àÀÉßß²Ðß ÉßßÞß Ö¼ßÃ ¨Ãà¬ËßÖã ¶Þ~Ê 1.15 5578033
05 àÀÉßß¾ßë²Ðß ì~àµßÖÉß ÖÅÏÖã ~íë.àÉßà¼ßÖëÊ Ûßß£ßß àÀÉßß¾ßë²Ðß ¹ßìÝâ~ß ¶Þ~Ê 1.10 5336707
100
9.2 Financial Calendar (Tentative)

Approval of quarterly results for the period ending:
June 30, 2009 End of July, 2009
September 30, 2009 End of October, 2009
December 31, 2009 End of January, 2010
March 31, 2010 Audited Annual Accounts April, 2010
9.3 Date of Book Closure (Dividend)
16.06.2009 to 24.06.2009 (both days inclusive)
9.4 Dividend payment date:
Dividend payment date for 2008-09: 03.07.2009
(Note: The Board of Directors of the Bank declared Dividend on 08.05.2009 @ 45% being Rs.4.50ps per share for the
financial year 2008-09 and the same will be paid on 03.07.2009)
10.1 SHARE HOLDING PATTERN AS ON 31.03.2009
S.No. Category No. of Holders No. of Shares % to Shares
01 Government of India 1 250000000 51.55
02 General Public 211066 69274252 14.28
03 NRIs / OCBs 709 526252 0.11
04 Private Corporate Bodies 1623 12419625 2.56
05 Mutual Funds & UTI 38 21413472 4.42
06 Banks / Financial Institutions / Insurance Cos. 46 58762803 12.12
07 Foreign Institutional Investors 67 70919817 14.62
08 Others 2070 1683779 0.34
TOTAL 215620 485000000 100.00
The total foreign shareholding as on 31st March, 2009 was 14.62% (19.34% as on 31st March, 2008) as under which is within
the stipulated level of 20% of the paid up capital of the bank:
Sl. No Category As on 31.03.2008 As on 31.03.2009
No. of shareholders No. of shares No. of shareholders No. of shares
1. Foreign Institutional Investors 64 9,37,94,635 67 7,09,19,817
2. NRIs / OCBs 610 4,08,072 709 5,26,252
Total 674 9,42,02,707 776 7,14,46,069
10.2 Bank has not issued any GDRs/ADRs/Warrants or any convertible instruments.
10.3 Top 5 shareholders of the Bank as on 31.03.2009 :
Sl.No. Name of the Investor Percentage of Total number of
total holding shares
01 Government of India 51.55 250000000
02 Life Insurance Corporation of India 10.17 49347505
03 Genesis Indian Investment Co. Ltd 5.42 26262908
04 Reliance Capital Trustee Co Ltd-Reliance Long term Equity Fund 1.15 5578033
05 Reliance Capital Trustee Co. Ltd A/c Reliance Banking Fund 1.10 5336707
101
11. 31.03.2009 ª~íë ÎÇí¢ë ßãËßßÀ Íßë¾ßÀ±ßßÀª~ ª~ß àËß£ßÀ¢ß

¨Ãà{ËßÖã Íßë¾ßÀíëÝ ª~ß àºßàÑ£ß ¼ßæÉ¾ß Íßë¾ßÀ±ßßÀª~íëÝ ª~ã ÐßÞÛ¾ßß % Íßë¾ßÀíëÝ ª~ã ÐßÞÛ¾ßß %
5000 £ßª~ 214818 99.63 65948367 13.60
5001 Ðßë 10000 350 0.16 2496581 0.51
10001 Ðßë 20000 181 0.09 2476464 0.51
20001 Ðßë 30000 68 0.03 1714711 0.35
30001 Ðßë 40000 29 0.01 1005128 0.21
40001 Ðßë 50000 23 0.01 1031201 0.21
50001 Ðßë 100000 38 0.02 2658527 0.55
100001 Ðßë 99999999 112 0.05 157669021 32.51
ËßÞ à±ß~ 1 0.00 250000000 51.55
ä~Éß 215620 100.00 485000000 100.00
12. Àß¾ßËßßÀ Íßë¾ßÀÑíëàÉÊÞß àËß£ßÀ¢ß
Àß¾ß ±ßßÀ~íëÝ ~ã ÐßÞÛ¾ßß ä~Éß ±ßßÀ¢ß~ %
ºßßÀ£ß ë~ ÀßÏÖÅµßà£ß 1 250000000 51.5463
ß²±ßÆ µßÆ§ëÍß 98671 39277024 8.0983
Á¢ßß½ßÉß µßÆ§ëÍß 4 519 0.0001
Ðß¼ß 444 122469 0.0252
à¹ßÑßÀ ËßÞ ÔßßßÀÛßÞÊ 1534 414168 0.0853
½ßÞÊãßÜ 523 197242 0.0406
à§ÉÉßã 8500 5745266 1.1845
ßäÌßÀß£ß 11860 2542656 0.5242
ÑàÀ¾ßß¢ßß 1954 531335 0.1095
àÑ¼ßß½ßÉß µßÆ§ëÍß 106 15158 0.0031
Ìß¼¼ßæ ËßÞ ~Í¼ßãÀ 217 56929 0.0117
~²ßßÃÖ~ 12895 3735420 0.7701
ë~ÀÉß 3265 793173 0.1635
¼ß±¾ß µßÆ§ëÍß 2942 844373 0.1740
¼ßÑßÀßÏÖÅ 24123 162458315 33.4965
¼ßë³ßßÉß¾ß 26 8388 0.0017
à¼ßÌßíëÀ¼ß 1 395 0.0000
²ßßßßÉßìÝÊ 5 1054 0.0002
ÊãÐßß 5635 1733289 0.3573
µßÞÌßß¹ß 1159 402600 0.0830
ÀßÌßÐ¦ßß²ß 3641 741378 0.1528
£ßà¼ßÉß²ßßÊä 16871 6556729 1.3519
à¥ßµßäÀß 38 11205 0.0023
££ßÀ µßÆ§ëÍß 5186 1272644 0.2624
µßàÍËß¼ß ¹ßÞßßÉß 7090 3798654 0.7832
ä~Éß 206691 481260383 99.2289
²¾ß 8929 3739617 0.7710
Ðß~Éß 215620 485000000 100.000000
* ¶~ß¨ÃÆß¨Ã/²ßßÀß¨Ã Íßë¾ßÀ±ßßÀ~ Íßßà¼ßÉß ÑìÝ, àÌß²ß~ß ~ÀëÝÐµßßÞÊëÖ ~ß¾ßßÃÉß¾ß, ¼ßä¼¹ß¨ÃÆ (¼ßÑßÀßÏÖÅ)Ý¼ßëÝ Ñì.
102
11. DISTRIBUTION OF SHAREHOLDERS CATEGORY WISE AS ON 31.03.2009

Nominal Value of Equity shares No. of Shareholders % No. of Shares %
Upto 5000 214818 99.63 65948367 13.60
5001 to 10000 350 0.16 2496581 0.51
10001 to 20000 181 0.09 2476464 0.51
20001 to 30000 68 0.03 1714711 0.35
30001 to 40000 29 0.01 1005128 0.21
40001 to 50000 23 0.01 1031201 0.21
50001 to 100000 38 0.02 2658527 0.55
100001 to 99999999 112 0.05 157669021 32.51
and above 1 0.00 250000000 51.55
TOTAL 215620 100.00 485000000 100.00
12. STATE WISE SHAREHOLDING DISTRIBUTION
STATE NO OF HOLDERS TOTAL HOLDING %
PRESIDENT OF INDIA 1 250000000 51.5463
ANDHRA PRADESH 98671 39277024 8.0983
ARUNACHAL PRADESH 4 519 0.0001
ASSAM 444 122469 0.0252
BIHAR & JHARKAND 1534 414168 0.0853
CHANDIGARH 523 197242 0.0406
DELHI 8500 5745266 1.1845
GUJARAT 11860 2542656 0.5242
HARYANA 1954 531335 0.1095
HIMACHAL PRADESH 106 15158 0.0031
JAMMU & KASHMIR 217 56929 0.0117
KARNATAKA 12895 3735420 0.7701
KERALA 3265 793173 0.1635
MADHYA PRADESH 2942 844373 0.1740
MAHARASHTRA* 24123 162458315 33.4965
MEGHALAYA 26 8388 0.0017
MIZORAM 1 395 0.0000
NAGALAND 5 1054 0.0002
ORISSA 5635 1733289 0.3573
PUNJAB 1159 402600 0.0830
RAJASTHAN 3641 741378 0.1528
TAMIL NADU 16871 6556729 1.3519
TRIPURA 38 11205 0.0023
UTTAR PRADESH 5186 1272644 0.2624
WEST BENGAL 7090 3798654 0.7832
TOTAL: 206691 481260383 99.2289
OTHERS: 8929 3739617 0.7710
GRAND TOTAL: 215620 485000000 100.000000
* Includes FII / NRI shareholders, having correspondent offices in Mumbai (Maharashtra).
103
13. ÐÖíîª~ ©{Ðß½ßëÌÝ ß ¼ßëÝ ÖÅÊë àª~¾ßë Íßë¾ßÀíëÝ ª~ß ¼ßæÉ¾ß ßìÀ Íßë¾ßÀíëÝ ~ã ¼ßß¥ßß
Ëßà±ß ²ßìÍß²ßÉß ÐÖíîª~ ©{Ðß½ßëÝÌß ¼ßäÞ¹ß¨Ã ÐÖíî~ ¬Ðß½ßëÝÌß àÉß.
£ßßÀãÛß ^½½ß ª~¼ß ¼ßß¥ßß ^½½ß ª~¼ß ¼ßß¥ßß
µßÆìÉß 2008 84.00 73.15 6772830 84.00 72.65 1645969
¼ß¨Ã 2008 87.90 73.90 7295709 87.80 73.55 1730760
Ìßæ²ß 2008 77.0 53.65 6426764 77.00 54.00 1932636
ÌßäÉßß¨Ã 2008 60.00 49.10 12313447 60.20 48.85 2579307
ßÐ£ß 2008 64.70 50.60 10256723 64.50 52.20 2804013
àÐß£ß¼¹ßÀ 2008 63.80 50.05 10215422 63.00 51.00 2313712
{£ßæ¹ßÀ 2008 57.70 34.80 16172530 57.85 34.82 3543643
²ßËß¼¹ßÀ 2008 56.00 44.60 7726585 55.65 44.25 3491571
à§Ðß¼¹ßÀ 2008 60.70 52.25 5405765 60.90 53.60 1122131
Ìß²ßËßÀã 2009 63.25 52.40 4204577 63.50 53.00 2273000
}~ÀËßÀã 2009 56.25 42.70 3645521 58.00 42.70 679537
¼ßß½ßÃ 2009 50.10 38.30 8517419 49.50 37.00 1541716
14. ©Ðß ©ÞÊ µßã Ðßã©²ß©{Ðß à²ß¸Öã ªë~ µßÆËßßÑ ª~ã £ßäÉß²ßß ¼ßëÝ ¹ßìªÝì ~ ªë~ Íßë¾ßÀ ¼ßæÉ¾ß ª~ß ª~ß¾ßÃà²ßÏµßß§²ß
6000 90
80
5000
70
4000 60
50
3000
40
2000 30
20
1000
10
0 0
08
08
08
09
09
09
08
08
08
08
08
08
20
20
20
20
20
20
20
20
20
20
20
20
2.
1.
2.
3.
8.
9.
0.
1.
4.
5.
6.
7.
.0
.1
.0
.0
.0
.0
.1
.1
.0
.0
.0
.0
30
27
31
29
30
31
28
31
30
30
30
31
ˆ²ßˆÐß¨Ã ß²±ßÆß ¹ßìÝ‰~ Íßë¾ßÀ ‰~ã¼ß£ß
104
13. SHARE PRICE, VOLUME OF SHARES TRADED IN STOCK EXCHANGE
Period National Stock Exchange Bombay Stock Exchange Limited
Date High Low Volume High Low Volume

April 2008 84.00 73.15 6772830 84.00 72.65 1645969
May 2008 87.90 73.90 7295709 87.80 73.55 1730760
June 2008 77.00 53.65 6426764 77.00 54.00 1932636
July 2008 60.00 49.10 12313447 60.20 48.85 2579307
August 2008 64.70 50.60 10256723 64.50 52.20 2804013
September 2008 63.80 50.05 10215422 63.00 51.00 2313712
October 2008 57.70 34.80 16172530 57.85 34.82 3543643
November 2008 56.00 44.60 7726585 55.65 44.25 3491571
December 2008 60.70 52.25 5405765 60.90 53.60 1122131
January 2009 63.25 52.40 4204577 63.50 53.00 2273000
February 2009 56.25 42.70 3645521 58.00 42.70 679537
March 2009 50.10 38.30 8517419 49.50 37.00 1541716
14. Performance of Banks share price in comparison with the movement of S&P CNX Nifty is shown here below:
6000 90
80
5000
70
4000 60
50
3000
40
2000 30
20
1000
10
0 0
08
08
08
09
09
09
08
08
08
08
08
08
20
20
20
20
20
20
20
20
20
20
20
20
2.
1.
2.
3.
8.
9.
0.
1.
4.
5.
6.
7.
.0
.1
.0
.0
.0
.0
.1
.1
.0
.0
.0
.0
30
27
31
29
30
31
28
31
30
30
30
31
NSE Andhra Bank Share Price
105
31 ¼ßß½ßÃ 2009 ª~íë ²ßìÍß²ßÉß ÐÖíîª~ ©ª~Ðß½ßëÝÌß, ¼ßä¼¹ß¨Ã ßìÀ ¹ßß¼¹ßë ÐÖíî~ ¬Ðß½ßëÝÌß àÉßà¼ßÖëÊ ¼ßëÝ ¹ßìÝª~ ª~ã Íßë¾ßÀ ª~ã¼ß£ß Á. 45.20 µßìÐßë µßÀ ¹ßÞ§ Ñä¨Ã.
14.1 µßÆà£ß Íßë¾ßÀ ÊßÖß
2006-07 2007-08 2008-09
Þà~£ß ¼ßæÉ¾ß (Á.) 10/- 10/- 10/-
31 ¼ßß½ßÃ ~íë ¹ßßÌßßÀ ¬ËßíëÖëÍß²ß- ²ßÐß¨Ã 81.00 73.60 45.20
ÌßÃ²ß (Á.) 11.09 11.87 13.46
ÉßßºßßÞÍß (%) 38% 40% 45.00
¹ßÑã ¼ßæÉ¾ß (Á.) 65.08 67 75.20
ÉßßºßÞÍß µßëßÖ (à²ßËßÉß Éßßºß ~ß %) 35% 33.4% 33.42
15. ½ßÉßà²ßà±ß:
ß²±ßÆß ¹ßìÝª~ ªë~ Íßë¾ßÀ ¹ßã©Ðß¨Ã ËßÞ ©²ß©Ðß¨Ã ªë~ Ðßã²ß¬Ðß à²ß¶~òÖã ªë~ àËßàÍßÏÖ ßÆäµß ¼ßëÝ Íßßà¼ßÉß ÑìÝ. Ë¾ßßµßßÀ ª~ã ½¿ã ¼ßß¥ßß Íßë¾ßÀ±ßßÀª~íëÝ ~ßë µßÆËßëÍß/à²ßª~ßÐßã ªë~ àÉß
µß¾ßßÃµ£ß ËßÐßÀ µßÆ§ß²ß ª~À£ßã Ñì.
16. ¹ßìÝª~ ª~íë ª~ßµßíëÃÀëÖ ßËß²ßëÄÞÐß ÀëâÖß
¨ª~Àß àÉßà¼ßÖëÊ ²ßë ¹ßìÝª~ ¼ßëÝ ª~ßµßíëÃÀëÖ ßËß²ßëÄÐß µßÆì{ÖãÐß ªë~ àÉß© ÐßãÌßãßÀ 2 ª~ã ÀëâÖß §ã Ñì. ¨Ðß ÀëâÖß ªë~ ¾ßÑ ¼ßß¾ß²ßë ÑìÝ àª~ ¹ßìÝª~ ²ßë ª~ßµßíëÃÀëÖ ßËß²ßëÄÐß ª~ã ßä¢ßËß££ßß
ªë~ àÉß© ßËßÍ¾ßª~ µßÆì{ÖãÐß, µßÀ¼µßÀß, ª~íëÊ ©ËßÞ àËß££ßã¾ß µß¢ß±ßßàÀ¾ßíëÝ ª~íë ^½½ßÐ£ßÀ ª~ß ßÍËßßÐß²ß µßÆ§ß²ß ª~À£ßß Ñì.
17. ßìÀ à²ßËßß¾ßÃ ßËßÍ¾ß~£ßßïÞ
¹ßìÝ~ ¼ßëÝ ÐßÀ~ßÀ °ßÀß à²ß¾ßä¬£ß ~ß¾ßÃ~ßÀã ±¾ßß ÑìÝ. £ß: ßìÀ ~ß¾ßÃ~ßÀã ±¾ßß ë~ µß§ ~ß µßÆÍ²ß ²ßÑãÝ ×£ßß Ñì. Íßë¾ßÀ±ßßÀ~ à²ß§ëÍß~ àÌß²ß~ß ~ß¾ßÃ~ßÉß ¹ßìÝâ~ß
Þ~µß²ßã ( µßÆ~¼ßíëÝ ~ß ÌßÃ²ß ËßÞ Þ£ßÀ¢ß ) à±ßà²ß¾ß¼ß 1980 ËßÞ ß²±ßÆß ¹ßìÝ~ (Íßë¾ßÀ ËßÞ ¹ßì×ëÝ~Ý~) àËßà²ß¾ß¼ß²ß 2003 ë~ Ðßß¦ß µßà×£ß µßÆßËß±ßß²ß °ßÀß à²ß±ßßÃàÀ£ß ~íë
¿íëÊ ÐËß£ßÞ¥ß à²ß§ëÍß~íëÝ ~ß ~ß¾ßÃ~ßÉß ÐßÀ~ßÀ °ßÀß à²ß±ßßÃàÀ£ß à~¾ßß Ìßß£ßß Ñì.
~ß¾ßÃ~ßÀã à²ß§ëÍß~íëÝ ~ß µßßàÀÎÇßà¼ß~ ÐßÀ~ßÀã ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ë~ ²ßäÐßßÀ £ß¾ß à~¾ßß Ìßß£ßß Ñì. ÐßÀ~ßÀ ë~ à²ß§ëÍß à§²ßßÞ~ 09.03.2007 ë~ ²ßäÐßßÀ µßßàÀÎÇßà¼ß~
Ðßà¼ßà£ß ~ß ß×²ß à~¾ßß ß¾ßß Ñì.
¹ßìÝ~ ²ßë Íßë¾ßÀ±ßßÀ~íëÝ ~íë àËß££ßã¾ß ~ß¾ßÃà²ßÏµßß§²ß ~ã ±ßÃËßßàÏßÃ~ ³ßíëÏß¢ßß ²ßÑãÝ ºßëÌßã Ñì.
Íßë¾ßÀ±ßßÀ~ à²ß§ëÍß~ Ìßíë Íßë¾ßÀ±ßßÀ~íëÝ °ßÀß ²ßßà¼ß£ß/½ßä²ßë Ìßß£ßë ÑìÝ, ~íë ¿íëÊ Ð£ßËßÞ¥ß à²ß§ëÍß~ ÐßÀ~ßÀ °ßÀß à²ß¾ßä¬£ß à~¾ßë Ìßß£ßë ÑìÝ. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ à§²ßßÞ~
01.11.2007 ËßÞ 22.01.2008 ~ë à²ß§ëÍßß²ßäÐßßÀ ²ßß¼ßßÞ~²ß Ðßà¼ßà£ß ßà×£ß ~ã ß¾ßã Ñì.
¹ßìÝ~ ¼ßëÝ àËÑÐßÉß ¹Éßíë¾ßÀ µßíîàÉßÐßã Ñì ßìÀ ÐËß£ßÞ¥ß à²ß§ëÍß~íëÝ ~íë µßÆàÍßß¢ß µßÀ ºßëÌßß Ìßß£ßß Ñì.
106
The Banks share price as on 31st March, 2009 closed at Rs.45.20ps, on the National Stock Exchange, Mumbai and Bombay
Stock Exchange Limited.
14.1 Per Share Data
2006-07 2007-08 2008-09

Face Value (Rs.) 10/- 10/- 10/-
Market Quotation as on
31st March NSE 81.00 73.60 45.20
Earnings (Rs.) 11.09 11.87 13.46
Dividend (%) 38% 40% 45%
Book Value (Rs.) 65.08 67 75.20
Dividend payout (% of Net Profit) 35% 33.4% 33.42%
15. Liquidity:
Andhra Bank Shares are included in the specified group in BSE and CNX Nifty of NSE. The fair volume of trading provides
enough entry/exit opportunities to the shareholders.
16. Corporate Governance Rating of the Bank:
ICRA Limited has assigned CGR 2 Rating to the Corporate Governance practices of the Bank. This rating implies that the
rated bank has adopted and follows such practices, convention and codes as would provide its financial stake holders a high
level of assurance on the quality of corporate governance.
17. Non Mandatory Requirements:
The Bank has an Executive Chairman appointed by the Government. Hence, maintaining of an Office of a Non Executive
Chairman does not arise.
The tenure of the independent Directors is determined by the Government, excepting the tenure of the shareholder Directors
which is determined in accordance with the provisions of the Banking Companies (Acquisition & Transfer of Undertakings)
Act, 1980 read with the Andhra Bank (Shares & Meetings) Regulations, 2003.
The remuneration of the Executive Directors is determined in terms of the Government guidelines. There is a Remuneration
Committee constituted in terms of Government directive dated 09.03.2007.
The Bank has not sent half yearly declaration of financial performance to the shareholders.
The Independent Directors are appointed by the Government excepting the shareholder Directors, who are elected by the
shareholders. There is a Nomination Committee constituted in terms of directives issued by Reserve Bank of India dated
01.11.2007 and 22.01.2008.
The Bank has in place a Whistle Blower Policy and the independent Directors are sent for training.
107
µßÆ¼ßß¢ßµß¥ß
ß²±ßÆß ¹ßìªÝ ~ ªë~ Ðß§Ð¾ß
Ñ¼ß²ßë 31 ¼ßß½ßÃ 2009 ª~íë Ðß¼ßßµ£ß ËßÏßÃ ë~ àÉß ÐÖíîª~ ©{Ðß½ßëÝÌß ¾ßß²ßã ¼ßä¼¹ß¨Ã ©ËßÞ ²ßìÍß²ßÉß ÐÖíîª~ ©{Ðß½ßëÞÌß ªë~ Ðßß¦ß ~à¦ß£ß ¹ßìÝª~ Ðßæ½ßãª~À¢ß ª~ÀßÀ ªë~ ÛßÞÊ 49 ¼ßëÝ
àËßà²ßà§ÃÏÖ ªë~ ²ßäÐßßÀ ÐßßËßÃÌßà²ß~ ßë¥ß ë~ ¹ßìÝ~íëÝ ~íë ¾ß¦ßßÉßßßæ ª~ßµßíëÃÀëÖ ßËß²ßëÄÐß ª~ã Íß£ßíëÄ ªë~ ²ßäµßßÉß²ß ~ã ÌßßÞ½ß ~ã Ñì.
ª~ßµßíëÃÀëÖ ßËß²ßëÄÐß ª~ã Íß£ßíëÄ ªë~ ²ßäµßßÉß²ß ª~ã àÌß¼¼ßë§ßÀã µßÆ¹ßÞ±ß²ß ª~ã Ñì. Ñ¼ßßÀã ÌßßÞ½ß ¹ßìÝª~ °ßÀß ª~ßµßíëÃÀëÖ ßËß²ßëÄÐß ª~ã Íß£ßíëÄ ªë~ ²ßäµßßÉß²ß ª~íë Ðßäà²ßàÍ½ß£ß ª~À²ßë ªë~ àÉß©,
^Ðßª~ã µßÆàªÆ~¾ßß ©ËßÞ ª~ß¾ßßÃ²Ëß¾ß²ß £ßª~ Ðßãà¼ß£ß Ñì. ¾ßÑ ¹ßìÝ~ ë~ àËß££ßã¾ß àËßËßÀ¢ßíëÝ µßÀ ²ß £ßíë ~íë¨Ã ÉßëÛßß - µßÀãßß Ñì ¾ßß Àß¾ß ~ß µßÆ~Ö²ß ²ßÑãÝ Ñì.
Ñ¼ßßÀã Àß¾ß ©ËßÞ ^££ß¼ß Ìßß²ßª~ßÀã ©ËßÞ Ñ¼ßëÝ à§¾ßë ß¾ßë ÐµßÏÖãª~À¢ß ªë~ ²ßäÐßßÀ Ìßíë µßÀ ¹ß£ßß¾ßë ß¾ßë ë~ ±ßã²ß Ñì ;
Ñ¼ß µßÆ¼ßßà¢ß£ß ª~À£ßë ÑìÝ àª~ ¹ßìÝª~ ²ßë ^µß¾ßäÃ{£ß Ðßæ½ßãª~À¢ß ª~ÀßÀ ¼ßëÝ àËßà²ßà§ÃÏÖß²ßäÐßßÀ ÐßßËßÃÌßà²ß~ ßë¥ß ë~ ¹ßìÝ~íëÝ ¾ß¦ßßÉßßßæ ª~ßµßíëÃÀëÖ ßËß²ßëÄÐß ª~ã Íß£ßíëÄ ª~ß ²ßäµßßÉß²ß àª~¾ßß
Ñì.
Ñ¼ß ^ÉÉßëÛß ª~À£ßë ÑìÝ àª~ ¹ßìÝ~ °ßÀß ÀÛßë ß¾ßë Àëª~ßÊÃ ªë~ ²ßäÐßßÀ, ¹ßìÝª~ ªë~ àËßÁ« à²ßËßëÍß~íëÝ ª~ã ©ª~ ¼ßÑã²ßë Ðßë à±ßª~ ª~ã }~àÀ¾ßß§ Éßà¼¹ß£ß ²ßÑãÝ Ñì.
Ñ¼ß ßßë ¾ßÑ ^ÉÉßëÛß ª~À£ßë ÑìÝ àª~ ¨Ðß µßÆª~ßÀ ª~ß ²ßäµßßÉß²ß ¹ßìÝª~ ªë~ ºßàËßÏ¾ß ª~ã Ë¾ßËßÑß¾ßÃ£ßß ªë~ àÉß© ²ß £ßíë ßÍËßßÐß²ß Ñì ßìÀ ²ß Ñã Ðßß¼ß£ßß ¾ßß µßÆºßßËßíë£µßß§ª~£ßß
àÌßÐßÐßë µßÆ¹ßÞ±ß²ß ²ßë ¹ßìÝª~ ªë~ ª~ß¾ßÃª~ÉßßµßíëÝ ª~ß à²ßËßÃÑ¢ß àª~¾ßß Ñì.
è~£ßë Ëßã. ë~ ÐßäÀß²ßß ÞÊ ~íë è~£ßë ²ßÞ§ã ÞÊ ÐßíëàÐß¾ßëÖòÐß
Ðß²ß§ã ÉßëÛßß~ßÀ Ðß²ß§ã ÉßëÛßß~ßÀ
(Ðßä±ßãÀ ÐßäÀß²ßß) (. ßÞßäÉßã)
ºßßßã§ßÀ (¼ß ²ßÞ 43414) ºßßßã§ßÀ (¼ß ²ßÞ 51451)
è~£ßë ¹ßã.²ß. ë~àÊ¾ßß ÞÊ ~íë è~£ßë ë~.ë~. ³ß ÞÊ ~íë
(ë~.ë~.ë~àÊ¾ßß) (Êã.Ðß.Ðßíë¹£ßã)
è~£ßë ë~.Ðß.Àß¼ßè~Ï¢ßß ÞÊ ~íë Àß¼ß²ß ÐßíëàÐß¾ßëÖ

(ë~.Ðß.Àß¼ßè~Ï¢ßß) (Ìßã.ËßëÝ~ÖÀß¼ß²ß)
Ð¦ßß²ß: Ñì§Àß¹ßß§
à§²ßßÞ~: 08.05.2009
108
CERTIFICATE
The Members of Andhra Bank
We have examined the compliance of conditions of Corporate Governance by Andhra Bank, for the year ended 31st March,
2009, as stipulated in Clause 49 of the Listing Agreement of the said Bank with Stock Exchanges i.e., Mumbai and National
Stock Exchange as far as applicable to Nationalised Banks.
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 conditions of the
Corporate Governance. It is neither an audit nor an expression of opinion on the financial statements of the Bank.
In our opinion and to the best of our information and according to the explanations given to us, subject to what is stated
above:
We certify that the Bank has complied with the conditions of Corporate Governance as stipulated in the above-mentioned
Listing Agreement, to the extent applicable to the Nationalised Banks.
We state that no investor grievance is pending for a period exceeding one month, against the Bank as per the record,
maintained by the Bank
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.
For M/s. V K Surana & Co For M/s. Nundi & Associates

Chartered Accountants Chartered Accountants
Sudhir Surana Ahlad Ganguly
Partner (M.No.43414) Partner (M.No.51451)
For M/s. B N Kedia & Co For M/s. K K Ghei & Co

K K Kedia D S Sobti
For M/s. K S Ramakrishna & Co For M/s. Raman Associates

K S Ramakrishna G. Venkataraman
PLACE: HYDERABAD
DATE: 08.05.2009
109
31.03.2009 ~íë ß²±ßÆß ¹ßìÝ~ £ßäÉß²ß µß¥ß BALANCE SHEET AS ON 31.03.2009

(Á. 000 ¼ßëÝ Rs in 000s)
àËßËßÀ¢ß Particulars ²ßäÐßæ½ßã ÐßÞ. 31.03.2009 ~íë 31.03.2008 ~íë

Schedule No. As on 31.03.2009 As on 31.03.2008
µßæÞÌßã ËßÞ §ë¾ß£ßßïÞ CAPITAL & LIABILITIES
µßïÞæÌßã CAPITAL 1 4,850,000 4,850,000
µßÆßÀàßà£ß¾ßíïÞ ßìÀ à±ßÍßëÏß RESERVES & SURPLUS 2 31,619,934 27,642,889
Ìß¼ßßÀßàÍß¾ßíï DEPOSITS 3 593,900,196 494,365,476
±ßßÀ BORROWINGS 4 13,112,347 5,905,095
²¾ß §ë¾ß£ßßïÞ ßìÀ µßÆßËß±ßß²ß OTHER LIABILITIES & PROVISIONS 5 41,209,599 33,160,436
ä~Éß TOTAL 684,692,076 565,923,896
ßàÐ£ß¾ßíïÞ ASSETS
²ß~§ ËßÞ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ¼ßëÝ ÍßëÏß CASH AND BALANCES WITH
RESERVE BANK OF INDIA 6 48,533,389 49,016,678
¹ßìÝ~íëÝ ¼ßëÝ ÍßëÏß ßìÀ ¼ßíïÞß £ß¦ßß Éµß Ðßæ½ß²ßß µßÀ µßÆßµ£ß ±ß²ß BALANCES WITH
BANKS AND MONEY AT CALL AND SHORT NOTICE 7 4,341,626 7,926,479
à²ßËßëÍß INVESTMENTS 8 169,111,120 148,982,376
àßÆ¼ß ADVANCES 9 441,392,597 342,383,852
½ßÉß ßàÐ£ß¾ßíïÞ FIXED ASSETS 10 3,352,951 2,194,634
²¾ß ßàÐ£ß¾ßíï OTHER ASSETS 11 17,960,393 15,419,877
ä~Éß TOTAL 684,692,076 565,923,896
ß~àÐ¼ß~ §ë¾ß£ßßï CONTINGENT LIABILITIES 12 312,613,365 197,300,044
ËßÐßæÉßã ë~ àÉß à¹ßÉß BILLS FOR COLLECTION 45,865,416 28,987,232
¼ßÑ£Ëßµßæ¢ßÃ ÉßëÛßß ²ßãà£ß¾ßíï Significant Accounting Policies 17
ÉßëÛßíëÝ µßÀ àÖµµßà¢ß¾ßíï Notes on Accounts 18
¬£ß ÐßÞ§àºßÃ£ß ²ßäÐßæà½ß¾ßíï £ßäÉß²ßµß¥ß ë~ àºß²²ß Þß ÑìÝ. £ßäÉß²ßµß¥ß ~íë ÐßÞÉß²ß Ðß¼ß £ßßÀãÛß ~ã Ñ¼ßßÀë àÀµßíëÖÃ ë~ ²ßäÐßßÀ.
The Schedules referred to above form an integral part of Balance Sheet. As per our report of even date attached to the Balance Sheet.
ßÀ.Ðß.ÀëÊÊò ã à²ßÉß àßÀíë¥ßß
±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍß~ ~ß¾ßÃµßßÉß~ à²ß§ëÍß~
à²ß§ëÍß~ Öã.ßÀ.Ðß à¥ßËßë§ã
¼ß±ßäàÉß~ß µßã. Ðßää~Éß ¹ßã.¼ßÑëÍËßÀ²ß Ëßã.½ß. Àß¼ßè~Ï¢ß²ß ¼ßÑßµßÆ¹ßÞ±ß~
µßÆë¼ß µßÆ~ßÍß µßßÀã~ ë~. Àß¼ß~íëÖëÍËßÀ ÀßËß ²ßæµß µßÆ~ßÍß ßßÃ
Öã.ÀËßãÝ§Æ²ßß¦ß Íßì¹ßßÉß ßäµ£ßß ÀßÌßã¹ß ÍßëÛßÀ ÐßßÑæ Öã.Ëßã.Ðß. ½ßÞ§ÆÍßëÛßÀ Ìßã. ËßßÐßä§ëËß ¼ßæà£ßÃ
ë~. À³ßäÀß¼ß²ß µß ¼ßÑßµßÆ¹ßÞ±ß~ ÐßÑß¾ß~ ¼ßÑß µßÆ¹ßÞ±ß~
è~£ßë Ëßã. ë~ ÐßäÀß²ßß ÞÊ ~íë è~£ßë ²ßÞ§ã ÞÊ ÐßíëàÐß¾ßëÖòÐß è~£ßë ¹ßã.²ß. ë~àÊ¾ßß ÞÊ ~íë è~£ßë ë~.ë~. ³ß ÞÊ ~íë
Ðß²ß§ã ÉßëÛßß~ßÀ Ðß²ß§ã ÉßëÛßß~ßÀ Ðß²ß§ã ÉßëÛßß~ßÀ Ðß²ß§ã ÉßëÛßß~ßÀ
(Ðßä±ßãÀ ÐßäÀß²ßß) (. ßÞßäÉßã) (ë~.ë~.ë~àÊ¾ßß) (Êã.Ðß.Ðßíë¹£ßã)
ºßßßã§ßÀ (¼ß ²ßÞ 43414) ºßßßã§ßÀ (¼ß ²ßÞ 51451) ºßßßã§ßÀ (¼ß ²ßÞ 52461) ºßßßã§ßÀ (¼ß ²ßÞ 16416)
è~£ßë ë~.Ðß.Àß¼ßè~Ï¢ßß ÞÊ ~íë è~£ßë Àß¼ß²ß ÐßíëàÐß¾ßëÖ

Ð¦ßß²ß: Ñì§Àß¹ßß§ (ë~.Ðß.Àß¼ßè~Ï¢ßß) (Ìßã.ËßëÝ~ÖÀß¼ß²ß)
à§²ßßÞ~: 08.05.2009 ºßßßã§ßÀ (¼ß ²ßÞ 21154) ºßßßã§ßÀ (¼ß ²ßÞ 10022)
110
31.03.2009 ~íë Ðß¼ßßµ£ß ËßÏßÃ ë~ àÉß Éßßºß Ëß Ñßà²ß Ûßß£ßß PROFIT & LOSS ACCOUNT AS ON 31.03.2009
(Á. 000 ¼ßëÝ Rs in 000s)
²ßäÐßæ½ßã ÐßÞ 31.03.2009 31.03.2008
àËßËßÀ¢ß Particulars Schedule No ~íë Ðß¼ßßµ£ß ËßÏßÃ ~íë Ðß¼ßßµ£ß ËßÏßÃ
Year Ended Year Ended
31.03.2009 31.03.2008
ß¾ß INCOME
àÌßÃ£ß ¹¾ßßÌß INTEREST EARNED 13 53,746,168 42,095,643
²¾ß ß¾ß OTHER INCOME 14 7,653,824 6,264,654
ä~Éß TOTAL 61,399,992 48,360,297
Ë¾ß¾ß EXPENDITURE
Ë¾ß¾ß à~¾ßß ß¾ßß ¹¾ßßÌß INTEREST EXPENDED 15 37,477,120 28,699,959
µßàÀ½ßßÉß²ß Ë¾ß¾ß OPERATING EXPENSES 16 11,042,578 9,090,889
µßÆßËß±ßß²ß ßìÀ ß~àÐ¼ß~ Ë¾ß¾ß
PROVISIONS AND CONTINGENCIES 6,349,782 4,813,735
ä~Éß TOTAL 54,869,480 42,604,583
à²ßËßÉß Éßßºß NET PROFIT 6,530,512 5,755,714
Éßßºß ßßë Éßß¾ßß ß¾ßß PROFIT BROUGHT FORWARD 768,344 762,333
ä~Éß TOTAL 7,298,856 6,518,047
àËßà²ß¾ßßëÌß²ß APPROPRIATIONS
ÐßßÞàËßà±ß~ µßÆßÀàßà£ß¾ßíëÝ ~íë Þ£ßÀ¢ß Transfer to Statutory Reserve 1,634,000 1,440,000
µßæïÌßã ßÀàß£ß à²ßà±ß ~íë Þ£ßÀ¢ß Transfer to Capital Reserve 1,082,000 --
ÀßÌßÐËß Ëß ²¾ß µßÆßÀàßà£ß¾ßíëÝ ~íë Þ£ßÀ¢ß Transfer to Revenue & Other Reserves 500,000 2,040,000
µßÆÐ£ßßàËß£ß ÉßßºßßÞÍß Proposed Dividend 2,182,500 1,940,000
ÉßßºßßÞÍß µßÀ ~À Tax on Dividend 370,916 329,703
£ßäÉß²ß µß¥ß ~íë Éßë Ìßß¾ßß ß¾ßß ÍßëÏß Balance carried over to Balance Sheet 1,529,440 768,344
ä~Éß TOTAL 7,298,856 6,518,047
¼ßÑ£Ëßµßæ¢ßÃ ÉßëÛßß ²ßãà£ß¾ßíïÞ Significant Accounting Policies 17
ÉßëÛßíëÝ µßÀ àÖµµß¢ßã Notes on Accounts 18
ÌßÃ²ß µßÆà£ß µßÆà£ß Íßë¾ßÀ (¼ßæÉß ËßÞ ÊßÉ¾ßæÖëÊ) Á.
Earning per share (Basic and diluted) Rs. 13.46 11.87
The Schedules referred to above form an integral part of Profit & Loss Account. As per our report of even date attached to the Balance Sheet.
R.S. Reddy Anil Girotra
Chairman & Managing Director Executive Director
T.R.S. Trivedi
Directors
General Manager
Madhulika P. Sukul B. Maheshwaran V.H. Ramakrishnan
Prem Prakash Pareek K. Ramakoteswara Rao Anup Prakash Garg T.V.S. Chandrasekhar G. Vasudeva Murty
T. Ravindranath Shaibal Gupta Rajib Sekhar Sahoo Deputy General Manager Asst. General Manager
K. Raghuraman
For V.K. Surana & Co. For Nundi & Associates For B.N. Kedia & Co. For K.K. Ghei & Co.
Chartered Accountants Chartered Accountants Chartered Accountants Chartered Accountants
(Sudhir Surana) (A. Ganguly) (K.K. Kedia) (D.S. Sobti)
Partner (M.No. 43414) Partner (M. No. 51451) Partner (M. No. 52461) Partner (M.No. 16416)
For K.S. Ramakrishna & Co. For Raman Associate

Place : Hyderabad (K.S. Ramakrishna) (G. Venkataraman)
Date : 08.05.2009 Partner (M. No. 21154) Partner (M. No. 10022)
111
31 ¼ßß½ßÃ 2009 ~íë £ßäÉß²ßµß¥ß BALANCE SHEET AS ON 31ST MARCH, 2009
(Á. 000 ¼ßëÝ Rs in 000s)
àËßËßÀ¢ß Particulars 31.03.2009 ~íë 31.03.2008 ~íë

As on 31.03.2009 As on 31.03.2008
²ßäÐßæ½ßã SCHEDULE-1:: µßïæÌßã CAPITAL
µßÆßà±ß~è£ß µßïÞæÌßã AUTHORISED CAPITAL
1,50,00,00,000 Á. 10 ~ß µßÆ£¾ßë~ ¨Ãà¬ËßÖã Íßë¾ßÀ
150,00,00,000 Equity Shares of Rs.10/- each 15,000,000 15,000,000
à²ßßÃà¼ß£ß, àºß§££ß, ¹ßäÉßß¨Ã ß¾ßã ßìÀ µßÆ§££ß µßæïÞÌßã
ISSUED, SUBSCRIBED AND PAID UP
ë~²§Æ ÐßÀ~ßÀ ë~ ÐËßßà¼ß£Ëß ¼ßëÝ Á. 10 ë~ 25,00,00,000 ¨Ãà¬ËßÖã Á. 48,50,00,000
Á. 10 ~ß µßÆ£¾ßë~ ¨Ãà¬ËßÖã Íßë¾ßÀ Ðß¼ßë£ß
48,50,00,000 Equity shares of Rs.10/- each
(Includes 25,00,00,000 equity shares of Rs.10/ each held by Central Government). 4,850,000 4,850,000
ä~Éß TOTAL 4,850,000 4,850,000
²ßäÐßæ½ßã SCHEDULE- 2 :: µßÆßÀàßà£ß¾ßíï ßìÀ à±ßÍßëÏß RESERVES AND SURPLUS
I. ÐßßÞàËßà±ß~ µßÆßÀàßà£ß¾ßíï STATUTORY RESERVES
µßÆßÀÞàºß~ ÍßëÏß OPENING BALANCE 9,476,778 8,036,778
ËßÏßÃ ë~ §íìÀß²ß µßàÀËß±ßÃ²ß ADDITION DURING THE YEAR 1,634,000 1,440,000
ä~Éß TOTAL 11,110,778 9,476,778
II. µßïÞæÌßã µßÆßÀàßà£ß¾ßíïÞ CAPITAL RESERVES
ËßÏßÃ ë~ §íìÀß²ß µßàÀËß±ßÃ²ß / ~¼ßã ADDITION DURING THE YEAR 1,082,000 --
ä~Éß TOTAL 2,457,971 1,375,971
III. Ííë¾ßÀ µßÆãà¼ß¾ß¼ß SHARE PREMIUM 6,800,000 6,800,000
àµß¿Éßë £ßäÉß²ßµß¥ß ë~ ²ßäÐßßÀ Íßë¾ßÀ (Balance as per last Balance Sheet)
IV. ÀßÌßÐËß ËßÞ ²¾ß µßÆßÀàßà£ß¾ßíï REVENUE AND OTHER RESERVES
ÀßÌßÐËß µßÆßÀàßà£ß¾ßíï REVENUE RESERVES
Less: Transistional Liability on A/C of AS - 15 (R) (Net of Tax) -- 2,555,842
Less: Others 51 80
ËßÏßÃ ë~ §íìÀß²ß µßàÀËß±ßÃ²ß ADDITION DURING THE YEAR -- 1,590,000
µß ÌßíëÊ SUB-TOTAL 8,281,745 8,281,796
àËßÍßëÏß ÀßÌßÐËß ßÀàß£ßã SPECIAL REVENUE RESERVE -- --
àËßÍßëÏß ßÀàß£ßã SPECIAL RESERVE U/S 36(1)(VIII) OF IT ACT-OP BALANCE 940,000 490,000
ËßÏßÃ ë~ §íìÀß²ß µßàÀËß±ßÃ²ß ADDITION DURING THE YEAR 500,000 450,000
µß ÌßíëÊ SUB-TOTAL 1,440,000 940,000
ä~Éß TOTAL 9,721,745 9,221,796
V Éßßºß Ëß Ñßà²ß Ûßß£ßë ¼ßëÝ ÍßëÏß BALANCE IN PROFIT & LOSS ACCOUNT 1,529,440 768,344
ä~Éß TOTAL (I, II, III, IV and V) 31,619,934 27,642,889
112
31.03.2009 ~íë ß²±ßÆß ¹ßìÝ~ £ßäÉß²ß µß¥ß BALANCE SHEET AS ON 31.03.2009

(Á. 000 ¼ßëÝ Rs in 000s)
As on 31.03.2009 As on 31.03.2008
²ßäÐßæ½ßã SCHEDULE- 3 :: Ìß¼ßßï DEPOSITS
A I ¼ßíïÞß Ìß¼ßßÞ DEMAND DEPOSITS
i) ¹ßìÝ~íëÝ Ðßë FROM BANKS 997,981 958,427
ii) ²¾ßíëÝ Ðßë FROM OTHERS 51,158,559 43,138,212
ä~Éß TOTAL(i and ii) 52,156,540 44,096,639
II ¹ß½ß£ß ¹ßìÝ~ Ìß¼ßßï SAVINGS BANK DEPOSITS 134,377,763 121,841,759
III ÐßßËßà±ß~ Ìß¼ßßï TERM DEPOSITS
ä~Éß TOTAL (i and ii) 407,365,893 328,427,078
ä~Éß TOTAL (I, II, and III) 593,900,196 494,365,476
¹ßãB i) ºßßÀ£ß ~ã ÍßßÛßßßëÝ ¼ßëÝ Ìß¼ßßï DEPOSITS OF BRANCHES IN INDIA 593,900,196 494,365,476
ii) ºßßÀ£ß ë~ ¹ßßÑÀã ÍßßÛßßßëÝ ¼ßëÝ Ìß¼ßßï DEPOSITS OF BRANCHES OUTSIDE INDIA -- --
ä~Éß TOTAL 593,900,196 494,365,476
²ßäÐßæ½ßã SCHEDULE - 4 :: ±ßßÀ BORROWINGS
I. ºßßÀ£ß ¼ßëÝ ±ßßÀ BORROWINGS IN INDIA
i) ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ RESERVE BANK OF INDIA -- --
ii) ²¾ß ¹ßìÝ~ OTHER BANKS 872 11,995
iii) ²¾ß ÐßÞÐ¦ßß ßìÀ ÌßëÝÞàÐß¾ßíïÞ OTHER INSTITUTIONS AND AGENCIES 8,950,703 1,078,700
µß ÌßíëÊ SUB-TOTAL(i,ii,iii) 8,951,575 1,090,695
II. ºßßÀ£ß ë~ ¹ßßÑÀ ±ßßÀ BORROWINGS OUTSIDE INDIA 4,160,772 4,814,400
ä~Éß TOTAL ( I and II ) 13,112,347 5,905,095
²ßäÐßæ½ßã SCHEDULE - 5 :: ²¾ß §ë¾ß£ßß ßìÀ µßÆßËß±ßß²ß OTHER LIABILITIES AND PROVISIONS
I. §ë¾ß à¹ßÉß BILLS PAYABLE 8,475,752 7,705,822
II. Þ£ßÀ ~ß¾ßßÃÉß¾ß Ðß¼ßß¾ßíëÌß²ß (à²ßËßÉß) INTER OFFICE ADJUSTMENTS (NET) -- --
III. µßà½ß£ß ¹¾ßßÌß INTEREST ACCRUED 1,956,576 1,763,961
IV. ¼ßß²ß~ ßàÐ£ß¾ßíëÝ ë~ µßÆà£ß ß~àÐ¼ß~ µßÆßËß±ßß²ß
CONTINGENT PROVISIONS AGAINST STANDARD ASSETS 1,933,406 1,500,000
V. ßíì¢ß ~¢ß
SUBORDINATED DEBTS
a) 9.7% 87 ¼ßßÑ ë~ ¹ßßÞÊ months Bonds -- 750,000
¹ßã b) 7.75% 87 ¼ßßÑ ë~ ¹ßßÞÊ months bonds 1,400,000 1,400,000
Ðßã c) 7.25% 111 ¼ßßÑ ë~ ¹ßßÞÊ months bonds 2,000,000 2,000,000
Êã d) 9.15% 124 ¼ßßÑ ë~ ¹ßßÞÊ months bonds 7,000,000 7,000,000
¨Ã e) 11% 120 ¼ßßÑ ë~ ¹ßßÞÊ months Bonds 6,000,000 --
µßÀ Öã¾ßÀ II ¹ßßÞÊ Upper Tier II Bonds 2,000,000 --
²ßËßíë²¼ßëÏßã ¹ßë¼ßã¾ßß§ã ~ÌßÃ ¹ßßÞÊ Innovative Perpetual Debt Bonds 2,000,000 --
VI. ²¾ß OTHERS (µßÆßËß±ßß²ß ë~ Ðßß¦ß Including Provisions) 8,443,865 11,040,653
ä~Éß TOTAL ( I, II, III, IV, V,and VI) 41,209,599 33,160,436
113
(Á. 000 ¼ßëÝ Rs in 000s)

As on 31.03.2009 As on 31.03.2008
²ßäÐßæ½ßã SCHEDULE - 6 :: ²ß~§ ËßÞ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ¼ßëÝ ÍßëÏß

CASH AND BALANCES WITH RESERVE BANK OF INDIA
I. ²ß~§ CASH IN HAND (àËß§ëÍßã ~ÀëÝÐßã ²ßíëÖ ÐßàÑ£ß Including Foreign Currency Notes) 4,359,194 4,406,773
II. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ Ðßß¦ß ÍßëÏß BALANCE WITH RESERVE BANK OF INDIA
i) ½ßßÉßæ Ûßß£ßíëÝ ¼ßëÝ IN CURRENT ACCOUNT 44,174,195 44,609,905
ii) ²¾ß Ûßß£ßíëÝ ¼ßëÝ IN OTHER ACCOUNTS -- --
ä~Éß TOTAL ( I and II ) 48,533,389 49,016,678

²ßäÐßæ½ßã SCHEDULE - 7 :: ¹ßìÝ~íëÝ ¼ßëÝ ÍßëÏß ßìÀ ¼ßíïÞß £ß¦ßß Éµß Ðßæ½ß²ßß µßÀ µßÆßµ£ß ±ß²ß
BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE
I. ºßßÀ£ß ¼ßëÝ IN INDIA
i) ¹ßìÝ~íëÝ ¼ßëÝ ÍßëÏß BALANCES WITH BANKS
a) ½ßßÉßæ Ûßß£ßíëÝ ¼ßëÝ IN CURRENT ACCOUNTS 1,871,001 1,674,020
¹ßã b) ²¾ß Ìß¼ßß Ûßß£ßíëÝ ¼ßëÝ IN OTHER DEPOSIT ACCOUNTS 76,130 768,640
ii) ¼ßíïÞß ßìÀ Éµß Ðßæ½ß²ßß µßÀ µßÆßµ£ß ±ß²ß MONEY AT CALL AND SHORT NOTICE
a) ¹ßìÝ~íëÝ ë~ µßßÐß WITH BANKS -- 2,253,149
¹ßã b) ²¾ß ÐßÞÐ¦ßßßëÝ ë~ µßßÐß WITH OTHER INSTITUTIONS -- 1,550,000
ä~Éß TOTAL 1,947,131 6,245,809
II. ºßßÀ£ß ë~ ¹ßßÑÀ OUTSIDE INDIA
i) ½ßßÉßæ Ûßß£ßíëÝ ¼ßëÝ IN CURRENT ACCOUNTS 1,219,030 797,606
ii) ²¾ß Ìß¼ßß Ûßß£ßíëÝ ¼ßëÝ IN OTHER DEPOSIT ACCOUNTS 1,175,465 883,064
iii) ¼ßíïÞß ßìÀ Éµß Ðßæ½ß²ßß µßÀ µßÆßµ£ß ±ß²ß MONEY AT CALL AND SHORT NOTICE -- --
ä~Éß TOTAL 2,394,495 1,680,670

ä~Éß ÌßíëÊ GRAND TOTAL (I AND II) 4,341,626 7,926,479
114
(Á. 000 ¼ßëÝ Rs in 000s)

As on 31.03.2009 As on 31.03.2008
²ßäÐßæ½ßã SCHEDULE - 8 :: à²ßËßëÍß INVESTMENTS
I ºßßÀ£ß ¼ßëÝ à²ßËßëÍß INVESTMENTS IN INDIA
i) ÐßÀ~ßÀã µßÆà£ßºßæà£ß¾ßíï GOVERNMENT SECURITIES 152,150,333 130,869,021
ii) ²¾ß ²ßä¼ßßëà§£ß µßÆà£ßºßæà£ß¾ßíïÞ OTHER APPROVED SECURITIES 964,036 1,291,321
iii) Íßë¾ßÀ SHARES 1,655,070 2,077,545
iv) àÊ¹ßëÝ½ßÀ ßìÀ ¹ßÞ±ßµß¥ß DEBENTURES AND BONDS 9,893,979 8,896,456
v) ²ßäÏßÞßã ßìÀ /¦ßËßß ÐßÞ¾ßä¬£ß ®¼ß SUBSIDIARIES AND/OR JOINT VENTURES 93,082 93,082
vi) ²¾ß (¼¾ßä¾ßäÉß ¶Þ~Ê, ßÀß¨ÃÊã¶~, ~¼ßàÍßÃ¾ßÉß µßëµßÀ ËßÞ ®¼ß µßæÞÌßã)
OTHERS (Mutual Funds, RIDF, Commercial Paper and Venture Capital) 4,354,620 5,754,951
ä~Éß TOTAL 169,111,120 148,982,376
II ºßßÀ£ß ¼ßëÝ à²ßËßëÍß INVESTMENTS OUTSIDE INDIA (*) (*)
ä~Éß TOTAL -- --
ä~Éß ÌßíëÊ GRAND TOTAL ( I and II ) 169,111,120 148,982,376
Ðß~Éß à²ßËßëÍß GROSS INVESTMENTS 171,027,724 149,879,541
³ßÖßïÞ LESS: ¼ßæÉ¾ßÑÅßÐß DEPRECIATION 1,916,604 897,165
à²ßËßÉß à²ßËßëÍß NET INVESTMENTS 169,111,120 148,982,376
(*) Refer Note No. 10.2 of Notes on Accounts (Sch-18)
115

(Á. 000 ¼ßëÝ Rs in 000s)
As on 31.03.2009 As on 31.03.2008
²ßäÐßæ½ßã SCHEDULE - 9 :: àßÆ¼ß ADVANCES
A. i) Æ~¾ß à~¾ßë ß¾ßë ßìÀ ºßä²ßß¾ßë ß¾ßë à¹ßÉß BILLS PURCHASED AND DISCOUNTED 12,084,009 10,910,914
ii) ²ß~§ ±ßßÀ, ßëËßÀÊÅß¶~:Ö ßìÀ ¼ßíïÞß µßÀ µßÆà£ß§ë¾ß ~¢ß
CASH CREDITS, OVERDRAFTS AND LOANS REPAYBLE ON DEMAND 249,761,607 187,836,389
iii) ÐßßËßà±ß ~¢ß TERM LOANS 179,546,981 143,636,549
ä~Éß TOTAL 441,392,597 342,383,852
¹ßã B. i) ßíë½ßÀ ßàÐ£ß¾ßíëÝ °ßÀß µßÆà£ßºßæ£ß ( ¹ßÑã Ûßß£ßíëÝ ë~ àßÆ¼ßíëÝ ë~ µßÆà£ß ~¢ß ÐßàÑ£ß)
SECURED BY TANGIBLE ASSETS (Includes Advances against Book Debt) 317,641,439 255,964,862
ii) ¹ßìÝ~ / ÐßÀ~ßÀã µßÆ£¾ßßºßæà£ß¾ßíëëÝ °ßÀß ÐßÞÀàß£ß COVERED BY BANK/GOVERNMENT GUARANTEES 32,576,562 14,854,065
iii) µßÆà£ßºßæ£ß UNSECURED 91,174,596 71,564,925
ä~Éß TOTAL 441,392,597 342,383,852
Ðßã C. I ºßßÀ£ß ¼ßëÝ àßÆ¼ß ADVANCES IN INDIA
i ) µßÆß¦ßà¼ß~£ßß ßë¥ß PRIORITY SECTOR 159,938,147 126,601,130
ii ) ÐßßËßÃÌßà²ß~ ßë¥ß PUBLIC SECTOR 41,417,983 43,123,716
iii ) ¹ßìÝ~ BANKS 2,835,269 2,520,044
iv ) ²¾ß OTHERS 237,201,198 170,138,962
ä~Éß TOTAL 441,392,597 342,383,852
II ºßßÀ£ß ë~ ¹ßßÑÀ àßÆ¼ß ADVANCES OUTSIDE INDIA -- --
ä~Éß ÌßíëÊ GRAND TOTAL ( C I and II ) 441,392,597 342,383,852
²ßäÐßæ½ßã SCHEDULE - 10 :: ½ßÉß ßàÐ£ß¾ßíïÞ FIXED ASSETS
TANGIBLE ASSETS
I. µßàÀÐßÀ PREMISES
µßæËßÃ ËßÏßÃ ë~ 31 ¼ßß½ßÃ ë~ Éßßß£ß µßÀ
AT COST AS ON 31ST MARCH OF THE PRECEDING YEAR 696,207 657,900
ËßÏßÃ ë~ §íìÀß²ß ~Öíì£ßã DEDUCTION DURING THE YEAR -- 724
¹ß £ß~ ¼ßæÉ¾ßÑÅßÐß DEPRECIATION TO DATE 226,769 205,721
ä~Éß TOTAL 478,664 490,486
II. ²¾ß ½ßÉß ßàÐ£ß¾ßíïÞ OTHER FIXED ASSETS
(¶~²ßãÃ½ßÀ ßìÀ µßÐ~À ÐßàÑ£ß Including Furniture and Fixtures)
µßæËßÃ ËßÏßÃ ë~ 31 ¼ßß½ßÃ ~íë Éßßß£ß
AT COST AS ON 31ST MARCH OF THE PRECEDING YEAR 5,311,119 4,798,628
ËßÏßÃ ë~ §íìÀß²ß µßàÀËß±ßÃ²ß ADDITION DURING THE YEAR 1,143,151 654,976
ËßÏßÃ ë~ §íìÀß²ß ~Öíìà£ß¾ßßïÞ DEDUCTION DURING THE YEAR 88,839 142,485
¹ß £ß~ ¼ßæÉ¾ßÑÅßÐß DEPRECIATION TO DATE 4,330,571 3,789,929
ä~Éß TOTAL 2,034,860 1,521,190
III. CAPITAL WORKS IN PROGRESS
AT COST AS ON 31ST MARCH OF THE PRECEDING YEAR 182,958 -
ËßÏßÃ ë~ §íìÀß²ß. ~Öíìà£ß¾ßßïÞ DEDUCTION DURING THE YEAR 178,605 -
ä~Éß TOTAL 127,065 182,958
ä~Éß TOTAL (A) (I + II + III) 2,640,589 2,194,634
116

(Á. 000 ¼ßëÝ Rs in 000s)
As on 31.03.2009 As on 31.03.2008
B. ßíë½ßÀ ßàÐ£ß¾ßíïÞ INTANGIBLE ASSETS
1. Þ~µ¾ßæÖÀ Ðßß¶òÖËßë¾ßÀ COMPUTER SOFTWARE -
µßæËßÃËß£ßãÃ ËßÏßÃ ë~ 31 ¼ßß½ßÃ ~íë Éßßß£ß AT COST AS ON 31ST MARCH OF THE PRECEDING YEAR --
ËßÏßÃ ë~ §íìÀß²ß µßàÀËß±ßÃ²ß ADDITION DURING THE YEAR 890,453 -
ËßÏßÃ ë~ §íìÀß²ß ~Öíìà£ß¾ßßïÞ DEDUCTION DURING THE YEAR - -
¹ß £ß~ ¼ßæÉ¾ßÑÅßÐß DEPRECIATION TO DATE 178,091 -
ä~Éß TOTAL (B) 712,362 -
GRAND TOTAL (A+B) 3,352,951 2,194,634
²ßäÐßæ½ßã SCHEDULE - 11 :: ²¾ß ßàÐ£ß¾ßíïÞ OTHER ASSETS
I. Þ£ßÀ ~ß¾ßßÃÉß¾ß Ðß¼ßß¾ßíëÌß²ß (à²ßËßÉß ) INTER OFFICE ADJUSTMENTS (NET) 2,454,590 2,554,505
II. µßà½ß£ß ¹¾ßßÌß INTEREST ACCRUED 4,613,367 3,360,334
III. àßÆ¼ß Âµß Ðßë µßÆ§££ß ~À
TAX PAID IN ADVANCE/TAX DEDUCTED AT SOURCE 5,796,842 3,664,613
IV. ÉßëÛß²ß Ðßß¼ßßÆã ßìÀ ÐÖß¼µß STATIONERY AND STAMPS 59,025 59,532
V. ßÐ¦ßàß£ß ~À ßàÐ£ß DEFERRED TAX ASSET- NET 1,193,100 1,377,900
VI. ²¾ß OTHERS 3,843,469 4,402,993
ä~Éß TOTAL 17,960,393 15,419,877
²ßäÐßæ½ßã SCHEDULE - 12 :: ß~àÐ¼ß~ §ë¾ß£ßßï CONTINGENT LIABILITIES
I. ¹ßìÝ~ ë~ àËßÁ« §ßËßë àÌß²ÑëÝ ~¢ß ë~ Âµß ¼ßëÝ ÐËßã~ßÀ ²ßÑãÝ à~¾ßß ß¾ßß
CLAIMS AGAINST THE BANK NOT ACKNOWLEDGED AS DEBTS 1,470,860 1,404,974
II. ßÞàÍß~ Âµß Ðßë µßÆ§££ß à²ßËßëÍß Ñë£ßä §ë¾ß£ßß LIABILITY FOR PARTLY PAID INVESTMENTS - -
III. µßïÞæÌßã µßÆà£ß¹ß«£ßß CAPITAL COMMITMENTS 84,796 -
IV. ¹ß~ß¾ßß ßëëÆÏß¢ß àËßà²ß¼ß¾ß ÐßÞàËß§ß ë~ àÉß §ë¾ß£ßß
LIABILITY ON ACCOUNT OF OUTSTANDING
FORWARD EXCHANGE CONTRACTS 246,270,767 135,201,243
V. OPTIONS & DERIVATIVES 5,863,490 3,008,928
VI. ßÆßÑ~íëÝ ~ã ßëÀ Ðßë ßßÀÞàÖ¾ßíïÞ GUARANTEES GIVEN ON BEHALF OF CONSTITUENTS
~ a) ºßßÀ£ß ¼ßëÝ IN INDIA 38,642,381 30,805,057
Ûß b) ºßßÀ£ß ë~ ¹ßßÑÀ OUTSIDE INDIA 1,875,925 2,128,478
VII. ÐËßãè~à£ß¾ßíïÞ, µßèÏ×ßÞ~²ß ËßÞ ²¾ß ¹ßß±¾ß£ßßïÞ
ACCEPTANCES, ENDORSEMENTS AND OTHER BALANCES 7,161,851 13,750,457
VIII. ¹¾ßßÌß §À ÐËßìµß INTEREST RATE SWAP 1,500,000 5,750,000
IX. àËßËßßà§£ß ~À §ë¾ß£ßßïÞ DISPUTED TAX LIABILITY 4,612,300 2,976,000
X. Þ~¶~ÖÃµß¥ß LETTER OF COMFORT 4,873,368 2,202,292
XI. ²¾ß ¼ß§ëÝ, àÌß²ßë~ àÉß ¹ßìÝ~ ß~àÐ¼ß~ Âµß Ðßë §ë¾ß Ñì
OTHER ITEMS FOR WHICH THE BANK IS CONTINGENTLY LIABLE 257,627 72,615
ä~Éß TOTAL 312,613,365 197,300,044
117
31 ¼ßß½ßÃ 2009 ËßÏßÃ ~ã Ðß¼ßßàµ£ß ë~ àÉß Éßßºß ËßÞ Ñßà²ß ÉßëÛßß PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2009
(Á. 000 ¼ßëÝ Rs in 000s)

Year Ended 31.03.2009 Year Ended 31.03.2008
²ßäÐßæ½ßã SCHEDULE - 13 :: àÌßÃ£ß ¹¾ßßÌß INTEREST EARNED

I. àßÆ¼ßßëÝ / à¹ßÉßíëÝ µßÀ ¹¾ßßÌß / àÀ¾ßß¾ß£ßã
INTEREST/DISCOUNT ON ADVANCES/BILLS 42,150,592 31,769,304
II. à²ßËßëÍßíëÝ µßÀ ß¾ß INCOME ON INVESTMENTS 10,989,848 9,679,213
III. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ¼ßëÝ ÍßëÏß ßìÀ ²¾ß Þ£ßÀ¹ßìÝ~ à²ßà±ß¾ßíëÝ µßÀ ¹¾ßßÌß
INTEREST ON BALANCES WITH RESERVE BANK
OF INDIA AND OTHER INTER BANK FUNDS 376,730 366,982
IV. ²¾ß OTHERS 228,998 280,144
ä~Éß TOTAL 53,746,168 42,095,643
²ßäÐßæ½ßã SCHEDULE - 14 :: ²¾ß ß¾ß OTHER INCOME

I. ~¼ßãÍß²ß, àËßà²ß¼ß¾ß ßìÀ §ÉßßÉßã COMMISSION, EXCHANGE AND BROKERAGE 1,951,104 1,888,152
II. à²ßËßëÍß ë~ àËßÆ~¾ß µßÀ Éßßºß PROFIT ON SALE OF INVESTMENTS 2,376,077 1,379,756
III PROFIT/LOSS ON REDEMPTION OF INVESTMENTS (168,564) (187,910)
IV. ºßæà¼ß, ºßËß²ßíëÝ ßìÀ ²¾ß ßàÐ£ß¾ßíëÝ ë~ àËßÆ~¾ß µßÀ Éßßºß àËßà²ß¼ß¾ß Éßë²ß§ë²ß µßÀ Éßßºß
PROFIT ON SALE OF LAND, BUILDINGS AND OTHER ASSETS 3,346 2,448
V. àËßà²ß¼ß¾ß Éßë²ß§ë²ß µßÀ Éßßºß PROFIT ON EXCHANGE TRANSACTIONS 525,087 570,320
VI. ºßßÀ£ß ¼ßëÝ ²ßäÏßÞàß¾ßíëÝ / Þ~µßà²ß¾ßíëÝ Ëß/¾ßß ÐßÞ¾ßä¬£ß ®¼ß Ðßë ÉßßºßßÞÍß ßà§ ë~ Âµß ¼ßëÝ àÌßÃ£ß ß¾ß
INCOME EARNED BY WAY OF DIVIDEND ETC. FROM
SUBSIDIARIES / COMPANIES AND / OR JOINT VENTURES IN INDIA 33,145 52,012
VII. àËßàËß±ß ß¾ß MISCELLANEOUS INCOME 2,933,629 2,559,876
ä~Éß TOTAL 7,653,824 6,264,654
118
31 ¼ßß½ßÃ 2009 ËßÏßÃ ~ã Ðß¼ßßàµ£ß ë~ àÉß Éßßºß ËßÞ Ñßà²ß ÉßëÛßß PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2009
(Á. 000 ¼ßëÝ Rs in 000s)

²ßäÐßæ½ßã SCHEDULE - 15 :: Ë¾ß¾ß à~¾ßß ß¾ßß ¹¾ßßÌß INTEREST EXPENDED

I. Ìß¼ßßÀßàÍß¾ßíëÝ µßÀ ¹¾ßßÌß INTEREST ON DEPOSITS 34,871,282 27,778,264
II. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ / Þ£ßÀ ¹ßìÝ~ ±ßßÀíëÝ µßÀ ¹¾ßßÌß
INTEREST ON RESERVE BANK OF INDIA/INTER-BANK BORROWINGS 1,210,164 420,348
III. ²¾ß OTHERS 1,395,674 501,347
ä~Éß TOTAL 37,477,120 28,699,959
²ßäÐßæ½ßã SCHEDULE - 16 :: µßàÀ½ßßÉß²ß Ë¾ß¾ß OPERATING EXPENSES

I. ~¼ßÃ½ßßàÀ¾ßíëÝ ~íë ºßäß£ßß²ß ßìÀ ²ßë~ àÉß µßÆßËß±ßß²ß
PAYMENTS AND PROVISIONS FOR EMPLOYEES 6,240,607 5,093,898
II. à~Àß¾ßß, ~À ßìÀ ÀíëÍß²ßã RENT, TAXES AND LIGHTING 885,209 773,262
III PRINTING AND STATIONARY 149,375 144,037
VI. àËßÒßßµß²ß ßìÀ µßÆ½ßßÀ ADVERTISEMENT AND PUBLICITY 104,987 98,918
V. ¹ßìÝ~ ~ã ÐßÞµßà££ß µßÀ ¼ßæÉ¾ßÑÅßÐß DEPRECIATION ON BANKS PROPERTY 817,590 613,293
VI. à²ß§ëÍß~ßëÝ ~ã ¶~ãÐß, ºß££ßë ßìÀ Ë¾ß¾ß
DIRECTORS FEES, ALLOWANCES AND EXPENSES 9,541 5,387
VII. ÉßëÛßß µßÀãß~íëÝ ~ã ¶~ãÐß ßìÀ Ë¾ß¾ß (ÍßßÛßß ÉßëÛßß µßÀãß~ ÐßàÑ£ß)
AUDITORS FEES AND EXPENSES (Including Branch Auditors) 131,516 131,319
VIII àËßà±ß µßÆºßßÀ LAW CHARGES 45,605 25,792
IX. Êß~ Ë¾ß¾ß, £ßßÀ ßìÀ ÖëÉßã¶~íë²ß ßà§
POSTAGE, TELEGRAMS, TELEPHONES ETC. 231,996 186,807
X. ¼ßÀ¼¼ß£ß ßìÀ ²ßäÀß¢ß REPAIRS AND MAINTENANCE 554,261 341,594
XI. ¹ßã¼ßß INSURANCE 545,836 497,017
XII. ²¾ß Ë¾ß¾ß OTHER EXPENDITURE 1,326,055 1,179,565
ä~Éß TOTAL 11,042,578 9,090,889
119
²ßäÐßæ½ßã - 17 ¼ßÑ£Ëßµßæ¢ßÃ ÉßëÛßß ²ßãà£ß¾ßíï ½ß. Ðß µßÆ¾ßíëÌß²ß ë~ àÉß µß¾ßíëß ~ã ß¾ßã àËßà²ß¼ß¾ß §ÀëÝ ¶ë~Êß¨Ã °ßÀß
²ßíëàÖ¶~ßÊ ÑìÝ.
1. Ðßß¼ßß²¾ß : 4. à²ßËßëÍß :
àËß££ßã¾ß àËßËßÀ¢ß, ²¾ß¦ßß àÉÉßàÛß£ß ²ß Ñíë²ßë µßÀ, àËß§ò¾ß¼ßß²ß §èàÏÖª~íë¢ß ª~. ¹ßìÝª~ ªë~ à²ßËßëÍß ÐßÞàËßºßßß à²ß¼²ß µßÆª~ßÀ £ßã²ß ÎÇíëà¢ß¾ßßëÝ ¼ßëÝ ËßßãÃªè~£ß àª~¾ßß ß¾ßß
µß²ßß£ßë Ñä© µßßÀÞµßàÀª~ Éßßß£ß ËßÞ ÐßÞà½ß£ß ß±ßßÀ µßÀ ËßÞÞ ÐßßÞàËßà±ßª~ Ñì.
µßÆßËß±ßß²ßíëÝ ª~ë ²ßäÂµß ©ËßÞ ºßßÀ£ßã¾ß Ðß²ß§ã ÉßëÛßß~ßÀ ÐßÞÐ¦ßß²ß °ßÀß ÌßßÀã i) µßàÀµß¬Ëß£ßß £ßª~ ÀÛßë ß¾ßë (½ßÖã¼ß)
ÉßëÛßß¼ßß²ß~íëÝ/¼ßßßÃ§ÍßãÃ ²ßíëÖ ßìÀ ºßßÀ£ß ¼ßëÝ ¹ßìÝâ~ß ñ®íëß ¼ßëÝ µßÆ½ßàÉß£ß µßÆ¦ßß ii) à¹ßªÆ~ã ªë~ àÉß© ^µßÉß¹±ß (¶~Ðß)
ë~ ²ßäÐßßÀ £ßì¾ßßÀ àª~¾ßë ß¾ßë ÑìÞ. iii) Ë¾ßßµßßÀß¦ßÃ ÀÛßë ß¾ßë (½ß¶~Öã)
2. ÀßÌßÐËß ~ã µßÑ½ßß²ß µßàÀµß¬Ëß£ßß £ßª~ ÀÛßë ß¾ßë à²ßËßëÍß ªë~ Þ£ßßÃ£ß µßàÀµß¬Ëß£ßß £ßª~ ÀÛß²ßë ªë~
~. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ °ßÀß ¹ß²ßß¾ßë ß¾ßë ¼ßß²ß§ÞÊíëÝ ë~ ²ßäÐßßÀ ²ßÌßÃ~ ^§ò§ëÍ¾ß Ðßë µßÆßµ£ß ª~ã ß¾ßã µßÆà£ßºßæà£ß¾ßíï ß£ßã Ñì. Ë¾ßßµßßÀ ªë~ àÉß© ÀÛßë ß¾ßëë ªë~
Þ£ßßÃ£ß Ë¾ßßµßßÀ ªë~ ^§ò§ëÍ¾ß Ðßë µßÆßµ£ß µßÆà£ßºßæà£ß¾ßíï ß£ßã ÑìÝ. à¹ßªÆ~ã ªë~ àÉß©
àßÆ¼ßíëÝ ËßÞ à²ßËßëÍßíëÝ µßÀ ¹¾ßßÌß ~ß à²ß±ßßÃÀ¢ß à~¾ßß Ìßß£ßß Ñì. ^µßÉß¹±ß µßÆà£ßºßæà£ß¾ßíï Ëßë ÑììÝ Ìßíë ^µß¾ßäÃ¬£ß §íë²ßíëÝ ËßßíëÄ ¼ßëÝ ËßßãÃªè~£ß ²ßÑãÝ ÑìÝ.
Ûß. à£ß§ë¾ß à¹ßÉßíëÝ µßÀ ¹¾ßßÌß, ~¼ßãÍß²ß, àËßà²ß¼ß¾ß, ¹ßÆíë~ÀëÌß ËßÞ Éßíî~ÀíëÝ Ûß. £ßäÉß²ßµß¥ß ¼ßëÝ µßÆª~Ö ª~À²ßë ªë~ àÉß© à²ßËßëÍß à²ß¼²ßàÉßàÛß£ß ¿: ºßßßíëÝ ¼ßëÝ
µßÀ à~Àß¾ßß ßßÑã µßÀ ÉßëÛßß¹ß« à~¾ßß Ìßß£ßß Ñì. ËßßãÃªè~£ß àª~¾ßë Ìßß£ßë ÑìÞ.
ß. Ëßß§ §ßàÛßÉß Ûßß£ßíëÝ ªë~ ¼ßß¼ßÉßë ¼ßëÝ, Éßßºß ©ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ àËßà±ßª~ i) ÐßÀª~ßÀã µßÆà£ßºßæà£ß¾ßíï
Ë¾ß¾ß µßÆºßßàÀ£ß àª~¾ßß ß¾ßß Ñì. ^Ðßã £ßÀÑ, Ëßß§ §ßàÛßÉß Ûßß£ßíëÝ ªë~ ÐßÞ¹ßÞ±ß ii) ²¾ß ²ßä¼ßíëà§£ß µßÆà£ßºßæà£ß¾ßíï
¼ßëÝ àËßà±ßª~ Ë¾ß¾ß ª~ã ËßÐßæÉßã ªë~ Ðß¼ß¾ß ËßÐßæÉß ª~ã ß¾ßã ÀßàÍß, ß¾ß ªë~ Âµß iii) Ííë¾ßÀ
¼ßëÝ µßàÀª~àÉß£ß Ñì. iv) àÊ¹ßëÝ½ßÀ ©ËßÞ ¹ßíïÊ
3. àËß§ëÍßã ¼ßä§ßÆ Éßë²ß§ë²ß : v) ²ßäÏßÞßã ©ËßÞ ÐßÞ¾ßä¬£ß ^§ò¾ß¼ß
vi) ²¾ß
ª~. ß¾ß ©ËßÞ Ë¾ß¾ß ª~ã ¼ß§ëÝ Éßë²ß§ë²ß ª~ã £ßßÀãÛß µßÀ µßÆ½ßàÉß£ß àËßà²ß¼ß¾ß §ÀíëÝ µßÀÝ ß. ¼ßæÉ¾ßßÞª~²ß :
§ÌßÃ ~ã Ìßß£ßã ÑìÝ. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ ªë~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ªë~ ²ßäÐßßÀ µßÆ£¾ßëª~ ËßßÃ ª~ã
Ûß. ¼ßíìà§Æ~ ¼ß§íëÝ ~íë Ðßßµ£ßßàÑ~ ßìÐß£ß §À µßÀ Àë~ßÊÃ à~¾ßß Ìßß£ßß Ñì. µßÆà£ßºßæà£ß¾ßíëÝë ª~ß ¼ßæÉ¾ß²ß à²ß¼²ß ªë~ ß±ßßÀ µßÀ àª~¾ßß Ìßß£ßß Ñì.
£ßäÉß²ßµß¥ß ~ã à£ßà¦ß ~íë ¬ÉßíëâÌßß §ÀíëÝ µßÀ ëÐßã ¼ßíìà§Æ~ ¼ß§íëÝ ~íë àÀµßëßÖÃ i) µßàÀµß¬Ëß£ßß à£ßà¦ß £ßª~ ÀÛßë ß¾ßë :
à~¾ßß Ìßß£ßß Ñì. ËßÏßÃ ë~ ²£ß ¼ßëÝ µßÆ½ßàÉß£ß ëÐßã ¼ßíìà§Æ~ ¼ß§íëÝ ~ã àÀµßíëàÖÄß ª~. ¨Ðß ËßßÃ ¼ßëÝ ÀÛßë ß¾ßë à²ßËßëÍß, µßàÀÍßíë±ß²ß ª~ã ÌßÃ²ß Éßßß£ß ~íë ~¼ß
µßÀ ß²ßëËßßÉßë àËßà²ß¼ß¾ß ²£ßÀ ~íë ß¾ß ¾ßß Ë¾ß¾ß, ¾ß¦ßß ¼ßß¼ßÉßß Ñíë, ¾ßß ~À àÉß¾ßë Ìßß£ßë ÑìÝ. ¾ßà§ Þàª~£ß ¼ßæÉ¾ß Ðßë ÌßÃ²ß Éßßß£ß à±ßª~ Ñíë £ßíë
µßÆßÀÞºß ¼ßëÝ Ìßíë Àë~ßÊÃ à~¾ßë ß¾ßë ÑìÝ Ðßë Éßß ¼ßíìà§Æ~ ¼ß§íëÝÞ ë~ à²ßµßÖß²ß µßÀ ÍßëÏß, µßàÀµß¬Ëß£ßß Ëßà±ß ¼ßëÝ µßàÀÍßßëà±ß£ß àª~¾ßß Ìßß£ßß Ñì.
à²ß±ßßÃàÀ£ß à~¾ßß Ìßß£ßß Ñì Ûß. Ð¦ßß¾ßã µßÆªè~à£ß ªë~ à²ßËßëÍßíëÝ ªë~ ÉßßËßß ²ßäÏßÞàß¾ßíëÝ ©ËßÞ ÐßÞ¾ßä¬£ß
^§ò¾ß¼ßíëÝ ªë~ à²ßËßëÍß ¼ßæÉ¾ßíëÝ ¼ßëÝ Ñä© ÑÅßÐß ª~íë à²ß±ßßÃàÀ£ß àª~¾ßß Ìßß£ßß Ñì ßìÀ
ß. Ëßß¾ß§ß àËßà²ß¼ß¾ß ~ÀßÀ µßÆßÀÞºß ¼ßëÝ ¹ßäâ~ß ë~ Ðß¼ß¾ß µßÆ½ßàÉß£ß àËßà²ß¼ß¾ß §À µßÆ£¾ßëª~ à²ßËßëÍß ªë~ àÉß© Éßß Ðßë µßÆßËß±ßß²ßãè~£ß àª~¾ßß Ìßß£ßß Ñì.
µßÀ §ÌßÃ à~¾ßë Ìßß£ßë ÑìÝ ßìÀ £ßäÉß²ßµß¥ß à²ßà±ß ~íë ºßã ¼ßíìàÉß~ ¹ßäâ~ß §À ii) à¹ßªÆ~ã ªë~ àÉß© ^µßÉß¹±ß :
àÀµßíëÖÃ ~ã Ìßß£ßã Ñì. Ðß µßÆ~ßÀ ë~ Ëßß¾ß§ß ~ÀßÀ ºßßÀ£ßã¾ß ¼ßä§ß àËßà²ß¼ß¾ß
ª~. ¨Ðß ËßßÃ ªë~ Þ£ßßÃ£ß ÀÛßë ß¾ßëë à²ßËßëÍß ¹ßßÌßßÀ ¼ßëÝ à£ß¼ßßÑã Þ£ßÀßÉß ¼ßëÝ ¹ßßÌßßÀ
ÊãÉßÀ ÐßÞ³ß (¶ë~Êß) ë~ µßä²ß¼ßæÃÉ¾ßßÞ~²ß §À ë~ ß±ßßÀ µßÀ µßÆ£¾ßë~ ¼ßÑã²ßë ë~ ¼ßæÉ¾ß µßÀ ¹ßë½ßë Ìßß£ßë ÑìÞ ßìÀ Íßë¾ßÀ ¹ßßÌßßÀ, ©ÐßÌßã©Éß Ûßß£ßß Éßë²ß§ë²ß,
Þ£ß ¼ßëÝ à¶~À Ðßë ¼ßæÉ¾ßßÞà~£ß à~¾ßë Ìßß£ßë ÑìÝ. Ëßß¾ß§ß àËßà²ß¼ß¾ß ~ÀßÀ ë~ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ ª~ã ¼ßæÉ¾ß Ðßæ½ßã, µßÆß¾ß¼ßÀã ÊãÉßÐßÃ ÐßíëàÐß©Íß²ß
À§ò§ã~À¢ß µßÀ µßÆßµ£ß à~Ðßã Éßßºß ¾ßß Ñßà²ß ~íë ß¾ß ¾ßß Ë¾ß¾ß, ÌßìÐßß ºßã ßî¶~~¨ÞàÊ¾ßß (µßãÊã©ß¨Ã) °ßÀß ³ßíëàÏß£ß ¼ßæÉ¾ß ßìÀ à¶~~¬ÐßÊ ¨²ßª~¼ß ¼ß²ßã
¼ßß¼ßÉßß Ñíë, ë~ Âµß ¼ßëÝ ¼ßß²¾ß£ßß à§¾ßß Ìßß£ßß Ñì. ¼ßßªëÃ~Ö ßìÀ ÊëàÀËßëàÖËß ÐßíëàÐß©Íß²ß ßî¶~~ ¨ÞàÊ¾ßß (©¶~~ß¨Ã©¼ß©¼ßÊã©)
³ß. àËß§ëÍßã ÐßßÛß µß¥ßíëÝ £ß¦ßß ßßÀÞÖã µß¥ßíëÝ ~ß, ëÐßã µßÆà£ß¹ß«£ßß ~ã £ßßÀãÛß µßÀ Ðßë ÐßÞ¾ßä¬£ß Âµß ¼ßëÝ, £ßäÉß²ßµß¥ß ª~ã à£ßà¦ß µßÀ µßÉß¹±ß ¹ßßÌßßÀ §ÀíëÝ µßÀ
µßÆ½ßßàÉß£ß §ÀíëÝ ë~ ²ßäÐßßÀ àÀ~ßÊÃ à~¾ßß Ìßß£ßß Ñì. à¶~À ºßã, £ßäÉß²ß µß¥ß ~ã ¼ßæÉ¾ßßÞàª~£ß àª~¾ßß Ìßß£ßß Ñì. ²ßª~íëÖëÊ µßÆà£ßºßæà£ß¾ßíëÝ ª~ß ¼ßæÉ¾ßßÞª~²ß ºßßÀ£ßã¾ß
£ßßÀãÛß µßÀ Ðß¼ßßàµ£ß §À ë~ ²ßäÐßßÀ ¹ß~ß¾ßß ¼ß§íëÞ ~ß §ä¹ßßÀß Ëß¢ßÃ²ß à~¾ßß àÀÌßËßÃ ¹ßìÝª~ ªë~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ªë~ ²ßäÐßßÀ àª~¾ßß Ìßß£ßß Ñì.
Ìßß£ßß Ñì. Ûß. ¿ó Ðß¼ßæÑíëÝ ¼ßëÝ Ðßë (^µß¾ßäÃ¬£ß µßìÀß Ûß) µßÆ£¾ßëª~ ªë~ Þ£ßßÃ£ß Íßä« ¼ßæÉ¾ßÑÅßÐß ª~ß
µßæ¢ßÃ£ß¾ßß µßÆßËß±ßß²ß àª~¾ßß Ìßß£ßß Ñì Ìß¹ßàª~ ^µß¾ßäÃ¬£ß à~Ðßã ºßã Ðß¼ßæÑ ªë~
Ê. ¹ßì~ Öæ ¹ßì~ ß±ßßÀ µßÀ àÉß¾ßë ß¾ßë ÊëàÀËßëàÖËß-ÐßÞàËß§ß, ÐßÞàËß§ß ~ã à£ßà¦ß ~íë ²£ßßÃ£ß Íßä« ¼ßæÉ¾ß Ëßèà« ~ã µßëßß ~ã Ìßß£ßã Ñìì. Éßß Éßß µßÆà£ßºßæà£ß¾ßíëÝ
µßÆ½ßàÉß£ß §ÀíëÝ µßÀ à~¾ßë Ìßß£ßë ÑìÝ ËßÞ £ßäÉß²ßµß¥ß ~ã £ßßÀãÛß ~íë, ¬ÉßíëâÌßß ~ß ¹ßÑã ¼ßæÉ¾ß ¼ßßàÄ~ß Öæ ¼ßßëÃ~Ö ~À²ßë ë~ ¹ßß§ à~Ðßã ºßã µßÆ~ßÀ ~ß
ÊëÖ µßÀ àÀµßíëÖÃ à~¾ßë Ìßß£ßë ÑìÝ. ²ß Éßë²ß§ë²ß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ÀßÌßÐËß ~ß µßàÀËß£ßÃ²ß ²ßÑãÝ Ñíë£ßß Ñì.
à²ß±ßßÃÀ¢ß ÐßÞàËß§ß ~ã Ðß¼ßßàµ£ß µßÀ à~¾ßß Ìßß£ßß Ñì ¾ßß ÐßÞàËß§ß ë~ Ðß¼ß¾ß-µßæËßÃ iii) Ë¾ßßµßßÀß¦ßÃ ÀÛßë ß¾ßë :
Ðß¼ßßàµ£ß µßÀ Ðß¼ßß²ßäµßßà£ß~ Ëßà±ß ë~ àÉß. ¹ßì~ Öæ ¹ßì~ ß±ßßÀ µßÀ ~. ¨Ðß ËßßÃ ªë~ à²ßËßëÍß ª~ß ¼ßæÉ¾ß²ß µßÆ£¾ßëª~ ¼ßÑã²ßë ªë~ Þ£ß ¼ßëÝÞ ¶~ß¨Ã¼ßÊã
ÐßÞàËß§ß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ÐßÞàËß§ß ~ã Ëßà±ß µßæËßÃ Ðß¼ßßàµ£ß µßÀ ß¾ß, Ðß¼ßßàµ£ß °ßÀß ~ã¼ß£ß/µßÆà£ß¶~Éß ³ßíëàÏß£ß ~À²ßë ë~ ¹ßß§ ¹ßßÌßßÀ ºßßËßíëÝ ªë~ ß±ßßÀ µßÀ
Ðß¼ß¾ß µßÀ à²ß±ßßÃàÀ£ß à~¾ßß Ìßß£ßß Ñì.Þ ¹ßßÌßßÀ §À µßÀ à~¾ßß Ìßß£ßß Ñì.
120
SCHEDULE 17 SIGNIFICANT ACCOUNTING POLICIES f. The exchange rates used for this purpose are those
notified by FEDAI.
1. GENERAL:
4. INVESTMENTS:
The financial statements are prepared on historical cost
convention and accrual basis, unless otherwise stated, a) The Investment portfolio of the Bank is classified into the
by following going concern concept and conform to the following three categories:
statutory provisions, accounting standards/guidance notes i) Held to Maturity (HTM)
issued by Institute of Chartered Accountants of India and
ii) Available for Sale (AFS)
practices prevailing in the banking industry in India.
iii) Held for Trading (HFT)
2. REVENUE RECOGNITION:
Held to Maturity category comprises of securities acquired
a. Interest on non-performing advances and investments is with the intention to hold them up to maturity. Held for Trading
recognised as per the norms laid down by Reserve Bank category comprises securities acquired with the intention of
of India. trading. Available for Sale securities are those which are
b. Interest on overdue bills, commission, exchange, not classified in either of the above two categories.
brokerage and rent on lockers are accounted on B. Investments are grouped and shown in Balance Sheet
realization. under the following six heads:
c. In case of suit filed accounts legal and other expenses i) Government Securities
incurred are charged to Profit and Loss account and at
the time of recovery of such expenses the same is ii) Other Approved Securities
accounted as income. iii) Shares
3. FOREIGN EXCHANGE TRANSACTIONS: iv) Debentures and Bonds
a. Income and Expenditure items are recorded at the v) Subsidiaries and Joint Ventures
exchange rates prevailing on the date of transaction. vi) Others.
b. Monetary items are reported at weekly average rate. Such C. Valuation:
monetary items are reported at closing rates as at balance The securities in each classification are valued in accordance
sheet date. Exchange differences arising on the reporting with Reserve Bank of India guidelines on the following basis:-
of such monetary items at rates prevailing at the year
end or on the settlement of monetary items at rates i) Held to Maturity:
different from those at which they were initially recorded, a. Investments classified under this category are stated at
are recognized as income or expense, as the case may acquisition cost net of amortisation. The excess of
be. acquisition cost over the face value, if any, is amortised
c. Forward exchange contracts are initially recorded at over the remaining period of maturity.
exchange rate prevailing at the time of booking of the b. Any diminution, other than temporary in nature, in the
contract and reported on the Balance Sheet date also at value of investments is determined and provided for, each
original booked rate only. Such forward contracts are investment individually.
revalued on the basis of FEDAI revaluation rate at the ii) Available for Sale:
end of each month and profit or loss on such revaluation
is recognized as income or expenses as the case may a. Investments classified under this category are marked to
be. Any profit and loss arising on cancellation of a forward market on quarterly basis and valued as per Reserve Bank
exchange contract is recognized as income or expenditure of India guidelines at the market rates available on the
as the case may be . Balance Sheet date from trades/quotes on the Stock
Exchanges, prices/yields declared by the Fixed Income
d. Foreign Letters of Credit and Letters of Guarantee are Money Market and Derivatives Association of India
recorded at the rates prevailing on the date of entering (FIMMDA). Unquoted securities are also valued as per
into such commitment. Outstanding items are restated at the Reserve Bank of India guidelines.
the rate prevailing at the Balance Sheet date.
b. The net depreciation under each of the six heads (Para b
e. Derivative contracts undertaken on back-to-back basis above) is fully provided for, whereas the net appreciation,
or for hedging our own foreign currency exposure are if any, under any of the aforesaid heads is ignored. The
recorded at the rate prevailing on the date of the contract book value of the individual securities does not undergo
and are reported at the closing rates at the Balance Sheet any change after marking to market.
date. The revenue in respect of these transactions is
recognized for the proportionate period till expiry of the iii) Held for Trading:
contract. In respect of contracts done on back to back a) Investments classified under this category are valued at
basis, the revenue on early termination of the contract is market price based on market quotations, prices/yields
recognized on termination. declared by FIMMDA at the end of every month.
121
Ûß. ¼ßæÉ¾ßÑÅßÐß, àÐªÆ~µßò- ËßßÀ à²ß±ßßÃàÀ£ß àª~¾ßß Ìßß£ßß Ñì ßìÀ ¾ßà§ ¼ßæÉ¾ß Ëßèà« Ñíë Ûß. ¹¾ßßÌß §À ÐËßßµß (Ë¾ßßµßßÀ)
£ßíë Ðß~ã µßëßß ~ã Ìßß£ßã Ñì. ~) Ë¾ßßµßßÀ ÐËßßµß ë~ ¹ßßÌßßÀ ¼ßæÉ¾ß ~íë ¹ßÑã ¼ßëÝ Þà~£ß à~¾ßß Ìßß£ßß Ñì £ß¦ßß
ß. Éßß Éßß µßÆà£ßºßæà£ß¾ßíëÝ ~ß ¹ßÑã ¼ßæÉ¾ß ¼ßßàÄ~ß Öæ ¼ßßëÃ~Ö ~À²ßë ë~ ¹ßß§ µßàÀËß£ßÃ²ßíëÝ ~íë Éßßºß ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ §ÌßÃ à~¾ßß Ìßß£ßß Ñì.
à~Ðßã ºßã µßÆ~ßÀ ~ß µßàÀËß£ßÃ²ß ²ßÑãÝ Ñíë£ßß Ñì. Ûß) ëÐßë ÐËßßµßíëÝ Ðßë ÐßÞ¹ßÞà±ß£ß ß¾ß ËßÞ Ë¾ß¾ß ~íë à²ßµßÖß²ß £ßßÀãÛß ¼ßëÝ à²ß±ßßÃàÀ£ß
³ß. àËßËßëª~µßæ¢ßÃ ¼ßß²ß§ÞÊ : à~¾ßß Ìßß£ßß Ñì.
ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ ªë~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ªë~ ²ßäÐßßÀ ²ßÌßÃª~ à²ßËßëÍßíëÝ ß) ÍßäÉ~ ~ß à²ß±ßßÃÀ¢ß ß¾ß ¾ßß Ë¾ß¾ß ë~ Âµß ¼ßëÝ à~¾ßß Ìßß£ßß Ñì.
ª~ã µßÑ½ßß²ß ~ã Ìßß£ßã Ñì ßìÀ ^²ß µßÀ µßÆßËß±ßß²ß à~¾ßë Ìßß£ßë ÑìÝ. ²ßÌßÃª~ ³ß) ÐËßßµß ~ã Ðß¼ßßàµ£ß µßÀ Éßßºß ¾ßß Ñßà²ß, ëÐßã Ðß¼ßßàµ£ß ë~ £ßäÀ²£ß ¹ßß§ ß¾ß
à²ßËßëÍßíëÝ ªë~ ÐßÞ¹ßÞ±ß ¼ßëÝ µßëàß£ß µßÆßËß±ßß²ß ª~íë ²¾ß ÌßÃª~ à²ßËßëÍßíëÝ ªë~ µßÆà£ß ¾ßß Ë¾ß¾ß ë~ Âµß ¼ßëÝ §ÌßÃ à~ Ìßß£ßë ÑìÝ.
Ðß¼ßß¾ßíëàÌß£ß ²ßÑãÝ àª~¾ßß Ìßß£ßß Ñì. 6. àßÆ¼ß
´. à²ßËßëÍßíëÝ ª~ã à¹ßªÆ~ã µßÀ Éßßºß/Ñßà²ß : ~. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ °ßÀß ÌßßÀã àËßËßë~µßæ¢ßÃ ¼ßß²ß§ÞÊíëÝ ë~ ²ßäÐßßÀ àßÆ¼ß
i. à²ßËßëÍßíëÝ ª~ã à¹ßªÆ~ã µßÀ Éßßºß ¾ßß Ñßà²ß ~ß à²ß±ßßÃÀ¢ß ºßßàÀ£ß ßìÐß£ß Éßßß£ß ÉÉßëÛß à~¾ßë Ìßß£ßë ÑìÝ.
ªë~ ß±ßßÀ µßÀ à~¾ßß Ìßß£ßß Ñì. àÊ¹ßëÝ½ßÀ/¹ßíïÊíëÝ ªë~ ¼ßíë½ß²ß µßÀ µßÆãà¼ß¾ß¼ß ª~ã i. àßÆ¼ß ¼ßß²ß~, Ëß¼ßß²ß~, ÐßÞà§±ß ËßÞ Ñßà²ß ßàÐ£ß¾ßíïÞ ~¢ßã ËßßÀ
µßÑ½ßß²ß, ¼ßíë½ß²ß ~ã £ßßÀãÛß µßÀ ª~ã Ìßß£ßã Ñì. ii. ²ßÌßÃ~ ßàÐ£ß¾ßíëÝ ë~ àÉß à~¾ßë ß¾ßë µßÆßËß±ßß²ß ËßÞ
ii. à¹ßªÆ~ã ªë~ àÉß© ^µßÉß¹±ß ßìÀ Ë¾ßßµßßÀß¦ßÃ ÀÛßë ß¾ßë ÎÇíëà¢ß¾ßíëÝ ªë~ à²ßËßëÍßíëÝ ª~ã iii. ¼ßß²ß~ àßÐ£ß¾ßíëÝ ë~~ àÉß ß¼ß µßÆßËß±ßß²ß
à¹ßªÆ~ã µßÀ Éßßºß, Éßßºß ©ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ à²ß±ßßÃàÀ£ß àª~¾ßß Ìßß£ßß Ñì. Ûß. £ßäÉß²ßµß¥ß ¼ßëÝ àÉÉßàÛß£ß àßÆ¼ß à²ß¼²ßàÉßàÛß£ß ë~ àÉß à~¾ßë ß¾ßë µßÆßËß±ßß²ß
iii. µßàÀµß¬Ëß£ßß £ßª~ ÀÛßë ß¾ßë ÎÇíë¢ßã ªë~ à²ßËßëÍßíëÝ ª~ã à¹ßªÆ~ã µßÀ Éßßºß, µßÑÉßë ~íë ~¼ß ~À ÑìÝ
Éßßºß ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ ÀÛßß Ìßß£ßß Ñì ßìÀ Éßßºß ª~ã Ðß¼ßß²ß ÀßàÍß µßïæÌßã i. ²ßÌßÃ~ ßàÐ£ß¾ßíïÞ
ßÀàß£ß à²ßà±ß ¼ßëÝ àËßà²ß¾ßíëàÌß£ß ~ã Ìßß£ßã Ñì. ii. ²ßÌßÃ~ ßàÐ£ß¾ßëßÞ ë~ àÉß à£ßàÀ¬£ß µßÆßËß±ßß²ß
iv. ¨²ß £ßã²ß ÎÇíëà¢ß¾ßíëÝ ¼ßëÝ Ðßë àª~Ðßã ©ª~ ¼ßëÝ à²ßËßëÍßíëÝ ª~ã à¹ßªÆ~ã µßÀ Ñä¨Ã Ñßà²ß, ß. ²ßÌßÃ~ ßàÐ£ßß¾ßíëÝÞ ¼ßëÝ ßÞàÍß~ ËßÐßæÉßã µßÑÉßë µßÆºßßÀ ËßÞ ¹¾ßßÌß ~íë
Éßßºß ©ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ à²ß±ßßÃàÀ£ß àª~¾ßß ß¾ßß Ñì. àËßºßßàÌß£ß à~¾ßß Ìßß£ßß Ñì ¹ßß§ ¼ßëÝÞ ¼ßæÉß ë~ µßÆà£ß
½ß. Ðßß¼ßß²¾ß: 7. ½ßÉß ßàÐ£ß¾ßíï :
i. Þ£ßÀ¢ß £ßßÀãÛß µßÀ Éßßßæ à²ß¼²ß à±ßßÆÑ¢ß Éßßß£ß/¹ßÑã ¼ßæÉ¾ß/¹ßßÌßßÀ ¼ßæÉ¾ß ~. µßàÀÐßÀ £ß¦ßß ²¾ß àÐ¦ßÀ ßàÐ£ß¾ßíëÝ ~ß Ëß¢ßÃ²ß µßÀÞµßÀßß£ß Éßßß£ß ¼ßëÝ
µßÀ µßÆà£ßºßæà£ß¾ßíëÝ ª~íë ©ª~ ËßßÃ Ðßë §æÐßÀë ËßßÃ ª~íë Þ£ßàÀ£ß àª~¾ßß Ìßß£ßß Ñì. ¼ßæÉ¾ßÑÅßÐß ë~ à²ßËßÉß µßÀ à~¾ßß Ìßß£ßß Ñì.
©ëÐßë Þ£ßÀ¢ß µßÀ, ¼ßæÉ¾ßÑÅßÐß ¾ßà§ Ñíë, ª~ß µßÆßËß±ßß²ß àª¾ßß Ìßß£ßß Ñì £ß¦ßß Ûß. ¼ßæÉ¾ßÑÅßÐß
£ß§²ßäÐßßÀ ¹ßÑã ¼ßæÉ¾ß ¹ß§Éßß Ìßß£ßß Ñì.
i. Þ~µß²ßã à±ßà²ß¾ß¼ß 1956 ~ã ²ßäÐßæ½ßã XIV ¼ßëÝ àËßà²ßà§ÃÏÖ §ÀíëÝ µßÀ
ii. µßÆà£ßºßæà£ß¾ßíëÝ ªë~ àºß§ß²ß µßÀ µßÆßµ£ß µß¶~ÆÞ~Ö ÍßäÉª~/µßÆíë£ÐßßÑ²ß ÀßàÍß µßÆà£ßºßæà£ß¾ßíëÝ Þ~µ¾ßæÖÀ ~íë ¿íëÊ~À µßàÀÐßÀ ËßÞ ²¾ß ßàÐ£ß¾ßíëÝ µßÀ ¼ßæÉ¾ßÑÅßàÐß£ß ¹ßÑã
ª~ã Éßßß£ß Ðßë ³ßÖß¾ßã Ìßß£ßã Ñì. µßÆà£ßºßæà£ß¾ßíëÝ ª~ã à¹ßªÆ~ã ªë~ ¹ßß§ µßÆíë£ÐßßÑ²ß ¼ßæÉ¾ß µß«à£ß µßÀ ¼ßæÉ¾ßÑÅßÐß Éßßß¾ßß Ìßß£ßß Ñì.
µßÆßµ£ß Ñíë²ßë µßÀ ^Ðßë Éßßºß Ëß Ñßà²ß ÉßëÛßß ¼ßëÝë Ìß¼ßß àª~¾ßß Ìßß£ßß Ñì. ii. Þ~µ¾ßæÖÀíëÝ £ß¦ßß ²¾ß ~ÉßµßäÌßíëÄ µßÀ ¼ßæÉ¾ßÑÅßÐß Ðßã±ßã ÀëÛßß µß«à£ß µßÀ
iii. µßÆà£ßºßæà£ß¾ßíëÝ ªë~ ÌßÃ²ß ªë~ ÐßÞ¹ßÞ±ß ¼ßëÝ §ã ß¾ßã §ÉßßÉßã/ª~¼ßãÍß²ß £ß¦ßß ÐÖß¼µß 33.33% ~ã §À µßÀ Éßßß¾ßß Ìßß£ßß Ñì.
ÍßäÉ~ ª~íë ÀßÌßÐËß Ë¾ß¾ß ¼ßß²ßß Ìßß£ßß Ñì. iii. Öã¼ß µßÀ ¼ßæÉ¾ßÑÅßÐß Ðßã±ßã ÀëÛßß µß«à£ß ë~ ²ßäÐßßÀ Öã¼ß ë~ µß¾ßíëßã
5. ~.¹¾ßßÌß §À ª~ß ÐËßßµß : (ÑëâÌßß) ÌßãËß²ß~ßÉß, àÌßÐßë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ¹ßìÝ~ ²ßë 7 ËßÏßÃ ~ß ²ßä¼ßß²ß Éßßß¾ßß Ñì, ë~
ª~. Ðß£ß£ß ÐËßßµß Éßë²ß§ë²ßíëÝ µßÀ ß¾ß Ðß ÐËßßµß ~íë ¿íëÊ~À, Ìßíë ßàÐ£ß ¾ßß ß±ßßÀ µßÀ à~¾ßß Ìßß£ßß Ñì.
§ë¾ß£ßß ë~ Ðßß¦ß ÐßÞ¹ßÞà±ß£ß Ñì £ß¦ßß àËß££ßã¾ß àËßËßÀ¢ßíëÝ ¼ßëÝ ¹ßßÌßßÀ ¼ßæÉ¾ß ¾ßß ~¼ß ß. µßàÀÍßíë±ß²ß
Éßßß£ß ¾ßß ¹ßßÌßßÀ ¼ßæÉ¾ß µßÀ à~¾ßß Ìßß£ßß Ñì, ~ß à²ß±ßßÃÀ¢ß µßÆíë§òºßæ£ß ß±ßßÀ i) 60 ËßÏßÃ Ðßë ~¼ß Ëßà±ßËßßÉßã µßÖòÖßß£ß ºßæà¼ß ë~ à±ßßÆÑ¢ß àÉß µßÆ§££ß
µßÀ µßàÀ~Éß²ß à~¾ßß Ìßß£ßß Ñì. Ðß ¼ßß¼ßÉßë ¼ßëÝ ÐËßßµß ë~ ¹ßßÌßßÀ ¼ßæÉ¾ß ~íë µßÆãà¼ß¾ß¼ß ËßÞ Ðß µßÀ à²ßà¼ßÃ£ß ºßËß²ßíëÝ ~ã Éßßß£ß ~ß µßàÀÍßíë±ß²ß µßÖòÖë ~ã
¹ßÑã ¼ßëÝ Þà~£ß à~¾ßß Ìßß£ßß Ñì £ß¦ßß µßàÀ¢ßß¼ßÂµßã Éßßºß ¾ßß Ñßà²ß, ¹ßßÌßßÀ Ëßà±ß ¼ßëÝ à~¾ßß Ìßß£ßß Ñì.
¼ßæÉ¾ß ¾ßß ÐßÞ¹ßÞà±ß£ß ßàÐ£ß ¾ßß §ë¾ß£ßß ë~ Ðß¼ßß¾ßíëÌß²ß ë~ Âµß ¼ßëÝ §ÌßÃ à~ ii) à±ßßÆàÑ£ß Ðßß¶~òÖËßë¾ßÀ ~íë à±ßßÆÑ¢ß ë~ ËßÏßÃ ¼ßëÝ ¹ßÖòÖë Ûßß£ßë ¼ßëÝ ÊßÉßß
Ìßß£ßë ÑìÝ. Ìßß£ßß Ñì.
Ûß. Ìß¹ß Ðß¼ßß¾ßíëàÌß£ß Éßßºß ¾ßß Ñßà²ß ÐßÞ¹ßÞà±ß£ß ßàÐ£ß ¾ßß §ë¾ß£ßß ¼ßëÝ à²ß±ßßÃàÀ£ß 8. ª~¼ßÃ½ßßÀã Éßßºß
à~¾ßë Ìßß£ßë ÑìÝ, £ß¹ß Ðß¼ßßµ£ß à~¾ßë ß¾ßë ÐËßßµß Éßë²ß§ë²ßíëÝ µßÀ Éßßºß/Ñßà²ß ~ß ~. ÉµßßËßà±ß ~¼ßÃ½ßßÀã Éßßºß
à²ß±ßßÃÀ¢ß à~¾ßß Ìßß£ßß Ñì. Ðß µßÆ~ßÀ, Ðß¼ßßµ£ß à~¾ßë ß¾ßë ÐËßßµß µßÀ Éßßºß
¾ßß Ñßà²ß, ÐËßßµß ë~ ÍßëÏß ÐßÞàËß§ß£¼ß~ Ðß¼ß¾ß ¾ßß ßàÐ£ß/§ë¾ß£ßß ~ß ÍßëÏß ÉµßßËßà±ß ~¼ßÃ½ßßÀã Éßßºß ÌßìÐßë ÉµßßËßà±ß ßà£ßµßæà£ßÃ ²ßäµßàÐ¦ßà£ß¾ßíïÞ ËßÏßÃ ë~
Ðß¼ß¾ßß, Ìßíë ºßã ~¼ß Ñíë, £ß~ ßÐ¦ßàß£ß ~À à²ß±ßßÃàÀ£ß à~¾ßë Ìßí£ßë ÑìÝ. Éßßºß ËßÞ Ñßà²ß ÉßëÛßëÝ ¼ßëÝ ßìÀ ¹ßÖòÖë ë~ ß±ßßÀ µßÀ Ë¾ß¾ß ë~ Âµß ¼ßëÝ µßÑ½ßß²ßã
Ìßß£ßã ÑìÝ àÌßÐß¼ßëÝ ÐßÞ¹ßÞà±ß£ß ÐßëËßßïÞ §ã ß¾ßã ÑìÝ.
122
b) Depreciation is recognised scrip wise and appreciation, B. INTEREST RATE SWAPS (Trading)
if any is ignored. i) Trading swaps are marked to market with changes
c) The book value of the individual securities does not recorded in the Profit and Loss account;
undergo any change after marking to market. ii) Income and expenses relating to these swaps are
Prudential Norms: recognized on the settlement date;
The identification of non performing investments and provision iii) Fee is recognized as income or expenses as the case
made thereon is as per Reserve Bank of India guidelines. may be;
Provision requirement in respect of non-performing iv) Gains or losses on the termination of the swaps are
investments is not set off against the appreciation of other recorded immediately as income or expenses on such
performing investments. termination.
E Profit / Loss on sale of Investments: 6. ADVANCES
i) Profit or Loss on sale of investments is recognised on the a) Advances are stated in accordance with the Prudential
value dates on the basis of weighted average cost. Norms issued by Reserve Bank of India:
Premium on redemption of Debentures/ Bonds is
recognised on the date of redemption. i. Advances are classified into standard, sub-standard,
doubtful and loss assets borrower-wise.
ii) Profit on sale of investments held in Available for Sale
and Held for Trading categories is recognised in the Profit ii. Provisions are made for non performing assets and
and Loss Account. iii. General provision is made for standard assets.
iii) Profit on sale of investments in Held to Maturity category b) Advances stated in the Balance Sheet are net of
is first taken to the Profit and Loss Account and an provisions made for :
equivalent amount of profit is appropriated to the Capital
(i) Non performing assets
Reserve(net of taxes).
(ii) Additional Provision made for Non-performing Assets
iv) Loss on sale of investments in any of the three categories
is recognized in Profit and Loss Account. c) Partial recoveries in Non Performing Assets are
apportioned first towards charges and interest, thereafter
General
towards principal.
i) Transfer of securities from one category to another is done
7. FIXED ASSETS
at lower of acquisition cost/book value/market value on
the date of transfer. Depreciation, if any, on such transfer a) Premises and other Fixed Assets are stated at historical
is provided for and the book value of the security is cost net of depreciation.
changed accordingly. A. DEPRECIATION
ii) Upfront fee / Incentives on subscription of securities are (i) Depreciation on Premises and on other Fixed assets
reduced from the cost of securities. The incentives except Computers and ATMs is provided on written down
received after sale of securities is credited to Profit and value method at the rates specified in Schedule XIV of
Loss account. the Companies Act 1956.
iii) Brokerage, Commission and Stamp Duty paid in (ii) The depreciation on Computers and other Peripherals is
connection with the acquisition of securities are treated provided @ of 33.33 % on straight line method.
as revenue expenditure.
(iii) Depreciation on ATM s is provided on straight line method
5. A. INTEREST RATE SWAPS: (Hedging) based on the estimated useful life of seven years.
i) Income on continuing swap transactions is recognised c) AMORTIZATION
on accrual basis except the swap designated with an asset
or liability that is carried at market value or lower of cost i) Premium paid for acquisition of leasehold land for a period
or market value in the financial statements. In that case, less than 60 years and cost of the buildings constructed
the swap is marked to market with the resulting gain or thereon is amortised over the period of lease.
loss recorded as an adjustment to the market value or ii) The cost of Software is treated as intangible asset and the
designated asset or liability. same is amortised over its estimated useful life.
ii) Gains/ losses on terminated swap transactions are 8. EMPLOYEES BENEFITS
recognised when the offsetting gain or loss is recognised
(a) Short Term Employee Benefits
on the designated asset or liability. Thus, the gain or loss
on the terminated swap is deferred and recognised over Short Term Employee Benefits such as short-term
the shorter of the remaining contractual life of the swap compensated absences are recognized as an expense
or the remaining life of the asset/liability. on an undiscounted basis in the Profit &Loss Account of
the year in which the related service is rendered.
123
Ûß. µßÀËß£ßãÃ ÀíëÌßßßÀ Éßßºß ËßßÐ£ßàËß~ Âµß Ðßë àËßà±ß~À¢ß à~¾ßë ß¾ßë ÑìÝ, ßÐ¦ßàß£ß ß¾ß~À ÉßëÛßß¹ß«
I. µßàÀºßßàÏß£ß ÞÍß§ß²ß ¾ßíëÌß²ßßïÞ à~¾ßß ß¾ßß Ñì.
µßàÀºßßàÏß£ß ÞÍß§ß²ß ¾ßíëÌß²ßßïÞ ÌßìÐßë,ºßàËßÏ¾ß à²ßà±ß Ë¾ß¾ß ë~ Âµß ¼ßëÝ µßÑ½ßß²ßã
Ìßß£ßã ÑìÝ ËßÞ Éßßºß ËßÞ Ñßà²ß ÉßëÛßëÝ ¼ßëÝ ½ßßÌßÃ à~¾ßß Ìßß£ßß Ñì 10. ßàÐ£ß¾ßíëÝ ~ß Ñßà²ß~À¢ß
II. µßàÀºßßàÏß£ß Éßßºß ¾ßíëÌß²ßßïÞ µßÆ£¾ßë~ £ßäÉß²ßµß¥ß ~ã à£ßà¦ß ~íë ¾ßÑ à²ß±ßßÃÀ¢ß à~¾ßß Ìßß£ßß Ñì à~ ¬¾ßß
~) ßÆë½ßäÖã: ~¼ßÃ½ßßÀã ßÆë½ßäÖã ¾ßíëÌß²ßß ~íë ¹ßìÝ~ °ßÀß à²ßà±ß §ã Ìßß£ßã Ñì ËßÞ à~Ðßã µßÆ~ßÀ ~ã ßàÐ£ß ~ã Ñßà²ß Ñä¨Ã Ñì, ¾ßà§ Ðß µßÆ~ßÀ ~ß ÐßÞë~£ß ÀÑ£ßß
~ Éßß ²¾ßßÐß ë~ ÌßàÀ ÌßãËß²ß ¹ßã¼ßß à²ßß¼ß °ßÀß µßÆ¹ßÞà±ß£ß Ñì. ßÆë½ßäÖã Ñì £ßíë ËßÐßæÉß ~ã Ìßß²ßë ËßßÉßã ÀßàÍß ßìÀ ßàÐ£ß Ñßà²ß~À¢ß ë~ àÉß à~Ðßã
ë~ Þ£ßßÃ£ß ¹ßìÝ~ ë~ §ßà¾ß£Ëß ~ß Ëß£ßÃ¼ßß²ß ¼ßæÉ¾ß ËßÏßÃ ë~ Þ£ß ¼ßëÝ ËßßÐ£ßàËß~ µßÆ~ßÀ ~ß µßÆßËß±ßß²ß à~¾ßß ß¾ßß Ñì.
¼ßæÉ¾ßßÞ~²ß ë~ ß±ßßÀ µßÀ µßÑ½ßß²ßß Ìßß£ßß Ñì ËßÞ ¾ßíëÌß²ßß ßàÐ£ß¾ßíëÝ ~ß 11 µßÆßÐßÞàß~ §ë¾ß£ßßïÞ ËßÞ µßÆßËß±ßß²ß
à½ß£ß ¼ßæÉ¾ß, Íßä« ß±ßßÀ µßÀ §ßà¾ß£Ëß µßÑ½ßß²ß²ßë ë~ àÉß Ðß~Éß §ßà¾ß£ËßíëÝ ÐßÞºßËß£ß¾ßß ¾ßß Ëß£ßÃ¼ßß²ß ¹ßß±¾ß£ßß ë~ àËßß£ß ~ã ³ßÖ²ßßïÞ µßÆßÐßÞàß~ §ë¾ß£ßßßëÝ
Ðßë ~ßÖß Ìßß£ßß Ñì ë~ Âµß ¼ßëÝ ÖÅãÖ ~ã Ìßß£ßã ÑìÝ. Ëß£ßÃ¼ßß²ß §ë¾ß£ßß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ µßÆßËß±ßß²ß
Ûß) µßëÝÍß²ß: ~¼ßÃ½ßßÀã µßëÝÍß²ß à²ßà±ß ~íë ¹ßìÝ~ °ßÀß à²ßà±ß §ã Ìßß£ßã Ñì ËßÞ ~ à²ß±ßßÃàÀ£ß à~¾ßß Ìßß£ßß Ñì, ÌßÑíïÞ ~ÑãÝ àËßÍËßÐß²ßã¾ß ²ßä¼ßß²ß Éßßß¾ßß Ìßß
Éßß ²¾ßßÐß °ßÀß µßÆ¹ßÞà±ß£ß Ñì. µßëÝÍß²ß ë~ Þ£ßßÃ£ß ¹ßì~ ë~ §ßà¾ß£Ëß ~ß Ðß~£ßß Ñì, ÌßÑíïÞ ~ÑãÝ §ë¾ß£ßß ë~ à²ßµßÖß²ß ë~ àÉß ßà¦ßÃ~ Éßßºß ë~
Ëß£ßÃ¼ßß²ß ¼ßæÉ¾ß ËßÏßÃ ë~ Þ£ß ¼ßëÝ ËßßÐ£ßàËß~ ¼ßæÉ¾ßßÞ~²ß ë~ ß±ßßÀ µßÀ ÐßÞÐßß±ß²ßíëÝ ë~ ßÖ¶~òÉßíë ¿íëÊ²ßë ~ã ÐßÞºßßËß²ßß Ñì.
µßÑ½ßß²ßß Ìßß£ßß Ñì ËßÞ ¾ßíëÌß²ßß ßàÐ£ß¾ßíëÝ ~ß à½ß£ß ¼ßæÉ¾ß Íßä« ß±ßßÀ µßÀ 12. à²ßËßÉß Éßßºß
§ßà¾ß£Ëß µßÑ½ßß²ß²ßë ë~ àÉß Ðß~Éß §ßà¾ß£ËßíëÝÞ Ðßë ~ßÖß Ìßß£ßß Ñì.
Éßßºß ©ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ µßÆª~Ö àª~¾ßß ß¾ßß à²ßËßÉß Éßßºß à²ß¼²ß àÉßàÛß£ß ªë~
ß) ²¾ß §ã³ßßÃËßà±ß Éßßºß: ²¾ß §ã³ßßÃËßà±ß Éßßºß ÌßìÐßë, ¿äÖòÖã ²ß~§ã~À¢ß, ¹ßß§ àª~¾ßß ß¾ßß Ñì.
¹ßã¼ßßÀ ¿äÖòÖã, Éß¶~Ðßã/ÉßÖãÐßã Éßë²ßß/²ß~§ã~À¢ß, ~¼ßÃ½ßßÀã µßÆíë£ÐßßÑ²ß
¾ßíëÌß²ßß, ÐßëËßß à²ßËßè££ßíëÝ ë~ àÉß ²ßäßÆÑ ÀßàÍß ËßÞ à²ß~ßÐßã µßÀ Ë¾ß¾ß ~ß ª~. à²ßËßëÍßßëÝ µßÀ ¼ßæÉ¾ßÑÅßÐß ª~ß µßÆßËß±ßß²ß
µßä²ß: Ð¦ßßµß²ß ë~ Âµß ¼ßëÝ µßÑ½ßß²ßë Ìßß£ßë ÑìÝ. Ûß. ª~Àß±ßß²ß Ñë£ßä µßÆßËß±ßß²ß
9. ª~Àß±ßß²ß Ñë£ßä µßÆßËß±ßß²ß ß. àËßËßë~µßæ¢ßÃ ¼ßßßÃ§ÍßãÃ àÐß«ß²£ßíëÝ ë~ ²ßäÐßßÀ ~¢ß Ñßà²ß¾ßíëÝ ë~ àÉß
~. ~Àß±ßß²ß ë~ àÉß µßÆßËß±ßß²ß ²ßä¼ßßà²ß£ß ~À §ë¾ß£ßß µßÀ à~¾ßß Ìßß£ßß Ñì. µßÆßËß±ßß²ß
Ûß. ºßßÀ£ßã¾ß Ðß²ß§ã ÉßëÛßß~ßÀ ÐßÞÐ¦ßß °ßÀß ÌßßÀãè~£ß ß¾ß µßÀ ~ÀíëÝ ë~ àÉß ³ß. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ ªë~ ¼ßß²ß§ÞÊíëÝ ªë~ ²ßäÐßßÀ ²ßÌßÃ~ à²ßËßëÍßíëÝ µßÀ
µßÆßËß±ßß²ß
ÉßëÛßß²ßãà£ß Ðß-22 ~ß µßßÉß²ß ~À£ßë Ñä, ~À §À ËßÞ ~ß²ßæ²ß µßÀ
àËß½ßßÀ ~À²ßë ë~ ¹ßß§ Ìßíë àËßà±ß~À¢ß à~¾ßë ß¾ßë ÑìÝ ¾ßß £ßäÉß²ßµß¥ß à£ßà¦ß ~íë ´. ²¾ß Ðßß¼ßß²¾ß ©ËßÞ ßËßÍ¾ßª~ µßÆßËß±ßß²ß.
Ñì§Àß¹ßß§
08..05.2009
124
(b) Post Employment Benefits b) In compliance with AS-22 Accounting for Taxes on Income,
i) Defined Contribution Plans: issued by the Institute of Chartered Accountants of India,
accounting for deferred income tax is made after
Defined Contribution Plans such as Provident Fund are considering tax rates and laws that have been enacted
recognized as an expense and charged to the Profit &Loss or substantively enacted as of balance sheet date.
Account
10. IMPAIRMENT OF ASSETS
ii) Defined Benefit Plans
An assessment is made at each balance sheet date
(a) Gratuity:
whether there is any indication that an asset is impaired.
The employees Gratuity Fund Scheme is funded by the If any such indication exists an estimate of the recoverable
Bank and managed by LIC through a separate trust. The amount is made and impairment loss, if any is provided.
present value of the Banks obligations under Gratuity is
recognized on the basis of an actuarial valuation as at 11. CONTINGENT LIABILITIES AND PROVISIONS
the year end and the fair value of the Plan assets is Past events leading to, possible or present obligation is
reduced from the gross obligations to recognize the treated as contingent liabilities. Provision is recognised
obligation on a net basis. in the case of present obligation where the reliable
(b) Pension: estimate can be made and where there are probable out
flow of resources embodying forgoing of economic
The employees Pension Fund is funded by the Bank and benefits to settle the obligation.
is managed by a separate trust. The present value of the
Banks obligations under Pension is recognized on the 12. NET PROFIT
basis of an actuarial valuation as at the year end and the The Net Profit disclosed in the Profit and Loss Account is
fair value of the Plan assets is reduced from the gross after:-
obligations to recognize the obligation in this case on a
net basis. (a) Provision for depreciation on Investments.
(c) Other Long Term Benefits: (b) Provision for Taxation.
Other Long Term Benefits such as Leave Encashment, (c) Provision on loan losses as per prudential guidelines.
Sick Leave, LFC/LTC availment/encashment, Employee
Incentive Scheme, Ex-gratia to retirees and Relocation (d) Provision for non-performing investments as per
of expenses on exit are recognized on the basis of Reserve Bank of India guidelines.
actuarial valuation made as at the end of the year. (e) Other usual and necessary provisions.
9. PROVISION FOR TAXATION:
a) Provision for taxes is made on the basis of estimated tax
liability.
Place: Hyderabad
Date: 08.05.2009
125
²ßäÐßæ½ßã 18 - ÉßëÛßíëÝ µßÀ àÖµµßà¢ß¾ßíïÞ ~à¢ß¾ßíëÝ Ðßë ËßÐßæÉß à~¾ßß Ìßß²ßß Ñì. £ß§²ßäÐßßÀ ¿íëÖë ËßÞ Ðßã¼ßßÞ£ß è~Ïß~íëÝ ë~
¼ßß¼ßÉßë ¼ßëÝ ¹¾ßßÌß ½ßÞ£ß ÉßëÛßë ë~ Þ£ßßÃ£ß ~Á. 7.90 ~ÀíëÊ ~ã ÀßàÍß ~ã
1. Þ£ßÀ ÍßßÛßß ©ËßÞ Þ£ßÀ ¹ßìÝª~ Éßë²ß§ë²ß ª~ß Ðß¼ßß±ßß²ß 31.03.2009 £ßª~
ÐßÞ¹ßÞà±ß£ß Ðß¼ßß²ßäµßßà£ß~ ¹¾ßßÌß ºßßÀ£ß ÐßÀ~ßÀ Ðßë ËßÐßæÉßã ë~ àÉß µßß¥ß Ñì
à~¾ßß ß¾ßß Ñì.
ßìÀ 31 ¼ßß½ßÃ 2009 ë~ ËßÏßßÃÞ£ß ë~ §íìÀß²ß ß¾ß ë~ Âµß ¼ßëÝ ¼ßß²ßß ß¾ßß
2. Á. 0.06 ª~ÀíëÊ ¼ßæÉ¾ß ª~ã ~ ÐßÞµßà££ß ªë~ ¼ßß¼ßÉßë ¼ßëÝ ¹ßìÝª~ ªë~ µßß ¼ßëÝ Ñì.
ÐßÞµßà££ß¾ßíëÝ ªë~ µßÞÌßãª~À¢ß ª~ã àËßà±ßª~ ßìµß½ßßàÀª~£ßß©ïÞ µßæÀã ª~ã Ìßß²ßã ÑìÝ.
4. ª~) Ðß Ðß¹ßÞ±ß ¼ßëÝ Éßßßæ ~ß²ßæ²ß ËßÞ àËßàºß²²ß ²¾ßßà¾ß~ ³ßíëÏß¢ßßßëÝë ë~
3. ª~) (i) ¿íëÖë ËßÞ Ðßã¼ßßÞ£ß è~Ïß~íëÝ ~íë ¿æÖ ë~ ¼ßß¼ßÉßë ¼ßëÝ µßß¥ß ÀßàÍß ë~ ß±ßßÀ µßÀ ß¾ß~À ë~ àÉß µßÆßËß±ßß²ß à~¾ßß ß¾ßß Ñì. ²¾ßßà¾ß~
ÐßÞ¹ßÞ±ß ¼ßëÝ ºßßÀ£ß ÐßÀ~ßÀ °ßÀß ¹ß²ßß¾ßã ß¾ßã è~àÏß ~¢ß ¿æÖ ËßÞ ~¢ß ³ßíëÏß¢ßßßëÝ ë~ §èàÏÖß£ß Ðß £ßÀÑ ë~ ¼ßß¼ßÉßíëÝ ¼ßëÝ Á. 461.23 ~ÀíëÊ (Á.
ÀßÑ£ß ¾ßíëÌß²ßß 2008, Ìßíë ßßë Ðßë ¾ßíëÌß²ßß ~ÑÉßßßã, ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ¹ßìÝ~ 297.60 ~ÀíëÊ) ~íë àËßËßßà§£ß ~À ¼ßßÞß ë~ àÉß à~Ðßã ºßã µßÆ~ßÀ ~ß
²ßë è~àÏß ~¢ß ÀßÑ£ß ËßÞ ¿æÖ ¾ßíëÌß²ßß 2008 ë~ Þ£ßßÃ£ß àßÆ¼ß ÍßãÏßÃ ¼ßëÝ µßÆßËß±ßß²ß ßËßÍ¾ß~ ²ßÑãÝ ¼ßß²ßß ß¾ßß Ñì.
è~àÏß ~¢ß ÀßÑ£ß ËßÞ ¿ææÖ ¾ßíëÌß²ßß 2008 ë~ Þ£ßßÃ£ß ¹ßìÝ~ ²ßë ëÝ~§Æã¾ß
Ûß) ßÐ¦ßàß£ß ß¾ß ª~À
ÐßßÞàËßà±ß~ ÉßëÛßß µßÀãß~ °ßÀß ¾ß¦ßßµßÆ¼ßßà¢ß£ß µßÑ½ßß²ß ~ã Ñì ßìÀ Á.
746.19 ~ÀíëÊ ~ã ÀßàÍß Þ£ßàÀ£ß ~ã Ñì àÌßÐß¼ßëÝ Ðßë Á. 306.52 ºßßÀ£ßã¾ß Ðß²ß§ã ÉßëÛßßª~ßÀ ÐßÞÐ¦ßß²ß °ßÀß ÌßßÀã ÉßëÛßß ¼ßß²ß 22 ªë~ ²ßäÐßÀ¢ß
~ÀíëÊ ~ã ÀßàÍß µßÆßµ£ß Ñä¨Ã Ñì. ¼ßëÝ ß¾ß µßÀ ª~ÀíëÝ ªë~ àÉß© ÉßëÛßß ªë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ÌßßÀã ÉßëÛßß ¼ßß²ßª~ ªë~
²ßäÐßÀ¢ß ¼ßëÝ ßËßÍ¾ßª~ ßÐ¦ßàß£ß ~À §ë¾ß£ßßßëÝ ©ËßÞ ßÐ¦ßàß£ß ª~À
ii) ëëÝ~§Æã¾ß ÐßßÞàËßà±ß~ ÉßëÛßß µßÀãß~ °ßÀß µßÆ¼ßß¢ß²ß ë~ ÀÑ£ßë Ñä, ¬£ß
ßàÐ£ß¾ßíëÝ ª~ã µßÑ½ßß²ß ª~ã ß¾ßã ÑìÝÞ. 31.03.2009 ª~íë µßÆ¼ßäÛß ³ßÖª~
¾ßíëÌß²ßß ë~ ±ßã²ß ²¾ß è~Ïß~íëÝ ~í §ë¾ß ~¢ß ÀßÑ£ß ~ã ÀßàÍß ë~ ÐßÞ¹ßÞ±ß
à²ß¼²ß µßÆª~ßÀ ÑìÞ.
¼ßëÝ Á. 157.68 ~ÀíëÊ ~ã ÀßàÍß µßÆßµ¾ß §ßËßë ë~ Âµß ¼ßëÝ µßÑ½ßß²ß ~ã ß¾ßã.
Ûß) ²ßµßã Ûßß£ßíëÝ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ àÌßÐßë~ àÉß Á. 3.18 ~ÀíëÊ ~ã ÀßàÍß
£ß~ ¼ßÞÌßæÀ ~ã ß¨Ã Ñì, ~íë ²ßµßã µßÆßËß±ßß²ß ë~ Âµß ¼ßëÝ µßÆà£ß±ßßàÀ£ß Ñì. Ðß¼ß¾ß ª~ß Þ£ßÀ 31.03.2009 31.03.2008
ß) 31 ¼ßß½ßÃ 2008 ~íë ß¾ß à²ß±ßßÃÀ¢ß, ßàÐ£ß ËßßãÃ~À¢ß ËßÞ àßÆ¼ß ÊãÖã ÊãÖãÉß ÊãÖã ÊãÖãÉß
µßÀ µßÆßËß±ß²ß²ß µßÀ ºßßàÀ¹ßìÝ~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ë~ ²ßäÐßßÀ, ßËßÍ¾ß~£ßß (1) ¹ßàÑ¾ßíëÝ ¼ßëÝ µßÆßËß±ßß²ß àª~¾ßß ß¾ßß µßÀÞ£ßä ß¾ß ª~À ¼ßëÝ
Ðßë à±ß~ Á. 167.47 ~ÀíëÊ ~ß ¶~òÉßíëâÖß µßÆßËß±ßß²ß ~ß ±ßßÀ¢ß à~¾ßß §ßËßß ²ßÑãÝ àª~¾ßß ß¾ßß. 47.72 - 35.00 -
ßÍß. ¬£ß ¶~òÉßíëâÖß µßÆßËß±ßß²ß ¼ßëÝÞ Ðßë ¹ßìÝ~ ²ßë ºßßàÀ¹ßìÝ~ µßàÀµß¥ß Êã¹ßãßëÊã (2) ß¾ß ª~À à±ßà²ß¾ß¼ß ªë~ ²ßäÐßßÀ §ßËßß àª~¾ßß ß¾ßß
²ßÞ ¹ßãµßã.¹ßãÐßã 48/21.04.048/2008-09 à§²ßßÞ~ 22 àÐß£ß¼¹ßÀ 2008 à±ßª~/~¼ß ¼ßæÉ¾ßÑÅßÐß - 11.07 3.14 -
ë~ ²ßäÐßßÀ Á. 117.62 ~ÀíëÊ ~ã ÀßàÍß ~ß µß¾ßíëß à~¾ßß Ñì, Ìßíë (3) ß¾ß ~À à±ßà²ß¾ß¼ß ~ã ±ßßÀß 36 (1) (viii) ë~
ÀßàÍß ¾ßíëÌß²ßß ë~ Þ£ßßÃ£ß §ßËßë ë~ àÉß µßß¥ß ²ßÑãÝ Ñì, ¾ßÑ ÀßàÍß 01.03.2008 Þ£ßßÃ£ß ÐßèàÌß£ß àËßÍßëÏß àÀÌßËßÃ µßÀ ÊãÖãÉß - 48.94 - 31.95
Ðßë 31.10.2008/31.03.2009 £ß~ ~ã Ëßà±ß ë~ àÉß àßÆ¼ß µßÀ (4) Ðß-15 (ßÀ) ë~ ²ßäÐßßÀ ÖÅßÞàÌßÍß²ßÉß µßÆßËß±ßß²ß
¹¾ßßÌß ËßÞ µßÆºßßÀ Ìßíë Éßßß¾ßß ²ßÑãÝ ß¾ßß Ñì Ðßë ÐßÞ¹ßÞà±ß£ß Ñì, ~¢ß µßÀ ¹¾ßßÌß µßÀ ÊãÖã 131.60 - 131.60 -
ë~ Áµß ¼ßëÝ Éßßºß ËßÞ Ñßà²ß ÉßëÛßß ~íë Á. 93.12 ~ÀíëÊ ~ã ÀßàÍß Ìß¼ßß ä~Éß 179.32 60.01 169.74 31.95
~ã Ñì ËßÞ µßÆºßßÀ ë~ ~ßÀ¢ß ²¾ß ßàÐ£ß¾ßíëÝ ~íë Á. 24.50 ~ÀíëÊ Ìß¼ßß 5. ~à²ßËßëÍß ¼ßëÝ ºßßÀ£ß ÐßÀª~ßÀ °ßÀß ÌßßÀã µß¥ß ªë~ ²ßäÐßÀ¢ß ¼ßëÝ Íßë¾ßÀ µßæÞÌßã
~ã ß¾ßã. à²ßßëµß ªë~ Âµß ¼ßëÝ ßë¥ßã¾ß ßÆß¼ßã¢ß ¹ßìÝª~íëÝ ¼ßëÝ à²ßËßëÍß àª~¾ßë ß¾ßë Á. 8.26
³ß) ºßßàÀ¹ßìÝ~ µßàÀµß¥ß ÐßÞ ¹ßãµßã. ¹ßãÐßã. 26/21.04.048/2008/09 ª~ÀíëÊ (8.26 ~ÀíëÊ) ºßã Íßßà¼ßÉß Ñì.
à§²ßßÞ~ 30 ÌßäÉßß¨Ã 2008 ë~ ²ßäÐßßÀ ¹ßìÝ~ ~íë ¾ßíëÌß²ßß ë~ Þ£ßßÃ£ß 6. ~) 31 ¼ßß½ßÃ 2009 ~íë ¹ßìÝ~ ~ã àËß££ßã¾ß §èÜ£ßß ~íë Ðßä§èÜ ~À²ßë ~ã
²¾ß à~Ðßß²ßíëÝ °ßÀß àºß²²ß~ßàÉß~ ½ßä~íì£ßã ë~ àÉß Ëß£ßÃ¼ßß²ß ¼ßæÉ¾ß ¼ßëÝ Ñßà²ß §èàÏÖ Ðßë ºßßàÀ¹ßìÝ~ ë~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ë~ ²ßäÐßßÀ, ²¾ßæ²ß£ß¼ß à²ß±ßßÃÀ¢ß Ðßë
ë~ àÉß µß¾ßßÃµ£ß µßÆßËß±ßß²ß ¹ß²ßß²ßë ~ã ßËßÍ¾ß~£ßß Ñì. à¶~Àºßã, ºßßàÀ¹ßìÝ~ à±ß~ Á. 49.85 ~ÀíëÊ ( Á. 167.47 ~ÀíëÊ) ~ß ¶~òÉßíëâÖß
µßàÀµß¥ß Êã¹ßãßëÊã ¹ßãµßã.¹ßãÐßã 48 /21.04.048/2008.09 à§²ßßÞ~ µßÆßËß±ßß²ß ÀÛßß ß¾ßß Ñì.
22 àÐß£ß¼¹ßÀ 2008 ë~ §èàÏÖß£ß ¹ßìÝ~ ²ßë ¹¾ßßÌß, Ìßíë Éßßß¾ßß ²ßÑãÝ ß¾ßß Ûß) ºßßàÀ¹ßìÝ~ µßàÀµß¥ß ÐßÞ 2008-09/418 à§²ßßÞ~ ¼ßß½ßÃ 25, 2009 ë~
Ñì, £ß~ ¶~òÉßíëâÖß µßÆßËß±ßß²ß (àßÆ¼ß ÐßÞàËßºßßß ë~ àÉß ÀÛßß ß¾ßß Ñì) §èàÏÖß£ß, ¹ßìÝ~ ²ßë ~¢ß µßíëÖÃ¶~íëàÉß¾ßíë ÐßÞ¹ßÞ±ß ¼ßëÝ àËßàºß²²ß µßÆ~ßÀ ë~ µßÆßËß±ßß²ß
µß¾ßíëß ~À²ßë ~íë ½ßä²ßß Ñì, £ß: à~Ðßã µßÆßËß±ßß²ß ~ã ßËßÍ¾ß~£ßß ²ßÑãÝ Ñì. ë~ àËßËßë~µßæ¢ßÃ ¼ßß²¾ß£ßß ë~ àÉß ¹ßìÝ~ ²ßë ²ßãà£ß ~ß ßÍßíë±ß²ß à~¾ßß Ñì. ¹ßì~
Ê.) ºßßàÀ¹ßìÝ~ µßàÀµß¥ß ÐßÞ Êã¹ßãßëÊã ²ßÞ ¹ßãµßã.¹ßãÐßã 78/21.04.048/ ~ã Àß¾ß ë~ ²ßäÐßßÀ, ÌßÑíïÞ ~ÑíïÞ ºßã ßËßÍ¾ß~ Ñíë, à£ßàÀ¬£ß µßÆßËß±ßß²ß
2008-2009 à§²ßßÞ~ 11 ²ßËß¼¹ßÀ 2008 ë~ ²ßäÐßßÀ, ¾ßíëÌß²ßß ë~ ¹ß²ßß¾ßß ß¾ßß Ñì, µßÆà£ßºßæà£ß ~ß ¼ßæÉ¾ß ~ß ÑÅßÐß Ñäæß Ñì ¾ßß ÑÅßÐß Ñíë²ßë ~ã
Þ£ßßÃ£ß ²ßËß¼¹ßÀ 2008 Ðßë ¼ßß½ßÃ 2009 ~ã Ëßà±ß ë~ àÉß Á. 13.36 ÐßÞºßßËß²ßß Ñì. Ðß µßÆ~ßÀ ~ß Á. 61.07 ~ÀíëÊ ~ß à£ßàÀ¬£ß µßÆßËß±ßß²ß
~ÀíëÊ ~ã ÀßàÍß ~íë ºßßÀ£ß ÐßÀ~ßÀ Ðßë µßÆßµ¾ß §ßËßíëÝ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ¼ßß²¾ß£ßß ËßÏßÃ 2008-09 ë~ §íìÀß²ß à~¾ßß ß¾ßß Ñì.
§ã ß¾ßã Ñì. ß) ¬£ß ¶~òÉßíëâÖß ËßÞ à£ßàÀ¬£ß µßÆßËß±ßß²ß àßÆ¼ß Ðßë ~¼ß
½ß) è~àÏß ~¢ß àÀÍßëÊ¾ò ßæÉß¼ßëÖÝ ¾ßíëÌß²ßß 2004 ë~ ~ß¾ßßÃ²Ëß¾ß²ß ë~ µßàÀ¢ßß¼ßÐËßÂµß,
²ßÌßÃ~ ßàÐ£ß¾ßíëÝ (²ßµßã) µßÀ Á. 11.98 ~ÀíëÊ ~ã ÀßàÍß ~ß ¹¾ßßÌß
à~¾ßß ß¾ßß Ñì.
ËßÐßæÉßß ²ßÑãÝ ß¾ßß Ñì, ¹¾ßßÌß ½ßÞ£ß ÉßëÛßß ÍßãÏßÃ ë~ £ßßÃ£ß ÀÛßß ß¾ßß Ñì ~íë
126
SCHEDULE 18 - NOTES ON ACCOUNTS borrowers. As per the Agricultural Debt Waiver & Debt
Relief Scheme, 2008 some of the said accounts were
1. Reconciliation of Inter Branch and Inter Bank transac-
eligible for waiver. Accordingly, the related proportionate
tions have been done up to 31st March 2009.
interest in respect of small & marginal farmers amounting
2. Legal formalities with regard to the registration of property to Rs.7.90 Crores lying under Interest Suspense Account
in favour of Bank are yet to be completed in respect of and eligible for recovery from Government of India is
one property valued at Rs. 0.06 crores. recognized as income during the year ended on 31st
3. (a) (i) In terms of Agriculture Debt Waiver & Debt Relief March,2009.
Scheme 2008, hereinafter referred as the Scheme, 4. a) Provision for Income Tax has been made on the basis
framed by the Government of India, with regard to the of the applicable laws and various judicial
amount eligible for waiver in respect of small and marginal pronouncements in this regard. In view of judicial
farmers, the Bank has identified and transferred a sum of pronouncements, no provision is considered necessary
Rs.746.19 Crores, as certified by Central Statutory towards disputed tax demand of Rs. 461.23 crores (Rs.
Auditors, under the head advances as Amount receivable 297.60 crores) in similar cases.
from Government of India under Agriculture Debt Waiver
b) Deferred Income Tax:
and Relief Scheme 2008 out of which Rs. 306.52 Crores
has been received. Pursuant to Accounting Standard22 issued by The Institute
of Chartered Accountants of India in respect of Accounting
(ii) (a) In terms of the above scheme with regard to the
for taxes on Income, necessary deferred tax liability and
amount of relief to other farmers an amount of Rs. 157.68
deferred tax assets have been recognized. The major
Crores is identified as claim receivable, subject to
components as on 31.03.2009 are as follows:-
certification by the Central Statutory Auditors.
(Amount in crores)
(b) Provision held in respect of NPA accounts for which
the waiver/ relief has been granted amounting to Rs. 3.18 Timing Difference 31.03.2009 31.03.2008
Crores have been retained as NPA provision.
DTA DTL DTA DTL
(c) The Bank was holding a floating provision of
Rs.167.47 Crores as on 31st March 2008 over and above (1) Provision created 47.72 35.00
required as per RBI guidelines on Income Recognition, in books but not
Asset Classification and Provisioning on advances. Out claimed in Income Tax
of the above floating provision held, the bank in
accordance with RBI Circular DBOD no. BP.BC 48 / (2)Excess/Less 11.07 3.14
21.04.048/2008-09 dated 22nd September, 2008 has Depreciation claimed
utilised a sum of Rs.117.62 Crores, being claims not as per I.T.Act
eligible under the scheme, comprising of unapplied (3)DTL on Special 48.94 31.95
interest and charges on advances for the period from Reserve created u/s
01.03.2008 to 31.10.2008/31.03.2009 and credited an 36(1) (viii) of I.T.Act
amount of Rs.93.12 Crores to the profit & loss account
(4) DTA on transitional
as interest on loan and Rs. 24.50 Crores to other assets
provision as per AS-15(R) 131.60 131.60
on account of charges.
(d) Pursuant to RBI circular no. DBOD . NO . BP . BC . 26 Total 179.32 60.01 169.74 31.95
/ 21. 04 . 048 / 2008 / 09 dated July 30th, 2008 , the bank
5. Investments include Rs. 8.26 crores (Rs.8.26crores)
is required to make adequate provision for loss in Present
invested in Regional Rural Banks as Share Capital
Value terms for staggered repayment by other farmer
Deposit pursuant to a letter by Government of India.
under the scheme. However , in view of RBI circular DBOD
6. a) Floating Provision of Rs. 49.85 crores (Rs.167.47
no. BP .BC 48 / 21.04.048 /2008 - 09 dated 22 nd
September 2008 the bank has opted to utilise the floating crores), is held as at 31.03.2009 in respect of gross non
provision (held for Advance portfolio) to the extent of performing advances over and above the minimum
unapplied interest, hence no provision is required. prescribed as per RBI guidelines with a view to strengthen
the financial stability of the Bank.
(e) In terms of RBI circular no. DBOD no. BP.BC 78/
b) Consequent to RBI Circular No. 2008-09/418 dt.
21.04.048 /2008-09 dated 11th November 2008, interest
March 25, 2009, the bank has modified the policy of
amounting to Rs.13.36 crores for the period from
provisioning in respect of loan portfolio. Additional
November, 2008 to March, 2009 is recognised in respect
provisions are made wherever, in the opinion of the Bank,
of claims receivable from Government of India under the
the value of security has deteriorated or likely to
scheme.
deteriorate. Such additional provision aggregating to Rs.
(f) Consequent to the implementation of Agricultural Debt 61.07 crores, has been made during the year 2008-09.
Reschedulement Scheme 2004, the un-recovered interest
on Non Performing Assets (NPA) amounting to Rs. 11.98 c) The above floating and additional provision is netted
Crores was kept under the head Interest Suspense off from advances.
Account to be adjusted from the recoveries from the
127
7. ËßÏßÃ 2003-04ë ¼ßëÝ, ¹ßìÝ~ ²ßë Á. 50.36 ~ÀíëñÊ ~ã ÀßàÍß ë~ 1437 9. ¹ßìÝ~ ²ßë ËßÏßÃ ë~ §íìÀß²ß ~íëÀ ¹ßìÝâ~ß ~ß¾ßßÃ²Ëß¾ß²ß ~ã µßÆàÆ~¾ßß ~íë µßæÀß à~¾ßß
à²ßÌßã ßËßßÐß ~¢ßíëÝ ë~ µßæÉß ~íë µßÆà£ßºßæ£ß à~¾ßß Ñì ßìÀ ÀßÏÖÅã¾ß ßËßßÐß Ñì. Á. 170.11 ~ÀíëÊ ~ã ÑßÊÃËßë¾ßÀ ËßÞ Ðßß¶~òÖËßë¾ßÀ ~ã ÐßÞ¹ßÞà±ß£ß
¹ßìÝ~ ËßÞ ¹ßìÝ~ ë~ ¹ßã½ß à²ßÏµßß§²ß Ðß¼ß²ßä§ëÍß²ß àËßÉßëÛß ë~ ²ßäÐßÀ¢ß ¼ßëÝ Ðßë Éßßß£ß ÐßÞÍßíëà±ß£ß ÉßëÛßß ²ßãà£ß ë~ ²ßäÐßßÀ ÉßëÛßß¹ß« à~¾ßß ß¾ßß Ñì. àÌßÐßë~
ÐµßëÍßÉß µßÀµßÌß ËßëàÑ~Éß (ÐßµßãËßã) ~íë Þ£ßàÀ£ß à~¾ßß ß¾ßß Ñì. ²ß½ß¹ßã µßàÀ¢ßß¼ßÐËßÂµß Éßßºß ËßÞ Ñßà²ß ÉßëÛßß ~íë ½ßßÌßÃ ~À²ßë ~ã ¹ßÌßß¾ß Ðßß¶~òÖËßë¾ßÀ
²ßë ¬£ß ÀßàÍß ë~ àÉß µßßÐß ¦ßÆæ ÐßàÖÃà¶~ë~Ö µßßàÀ£ß à~¾ßß Ñì. Ðß¼ßëÝ Ðßë ¹ßìÝ~/ ë~ 5 ËßÏßÃ ë~ ²ßä¼ßßà²ß£ß µß¾ßíëßµßæ¢ßÃ ÌßãËß²ß µßÀ Á. 89.04 ~ÀíëÊ ~ã
àËß££ßã¾ß ÐßÞÐ¦ßß²ßíëÝ °ßÀß µßßÐß ¦ßÆæ ÐßàÖÃà¶~ë~Ö ¬ÉßßÐß à²ßËßëÍß ~ë~ Âµß ¼ßëÝ ÀßàÍß ~íë µßàÀÍßíëà±ß£ß à~¾ßß ß¾ßß Ñì.
àºß§££ß à~¾ßß ß¾ßß Ñì ËßÞ ÍßëÏß µßãÖãÐßã ¬ÉßßÐß ¹ßã ë~ Âµß ¼ßëÝ àºß§££ß 10.1. µßæÞÌßã
à~¾ßß ß¾ßß Ñì. ËßÏßÃ ë~ Þ£ß ¼ßëÝ Ðß µßÆ~ßÀ ë~ µßãÖãÐßã ¬ÉßßÐß ¹ßã ë~ à²ßËßëÍß ¼ß§ 2008-09 2007-08
~íë Á. 3.95 ~ÀíëÊ (Á. 4.82 ~ÀíëÊ) ë~ ¹ßÑã ¼ßæÉ¾ß ë~ ë~ Âµß ¼ßëÝ ~. ¹ßëÐßÉß -I ¹ßëÐßÉß-II ¹ßëÐßÉß -I
à²ßËßëÍß ë~ ºßßß ë~ Âµß ¼ßëÝ §ÍßÃ¾ßß ß¾ßß Ñì.
31.03.2009 ~íë µßæÉß ~ß Ëß£ßÃ¼ßß²ß ¹ß~ß¾ßß ÍßëÏß Á. 15.03 ~ÀíëñÊ Ñì 1. ÐßãßÀßÀ (%) 12.37 13.22 11.61
(Á. 20.04 ~ÀíëÊ). ¹ßìÝ~ ÐßµßãËßã ²¾ßßÐß ë~ àÉß ÐßàËßÃÐß µßÆíëËßßÊÀ ë~ 2. ÐßãßÀßÀ - Öã¾ßÀ- I µßæÞÌßã (%) 8.11 8.67 8.54
Âµß ¼ßëÝ ~ß¾ßÃ ~À ÀÑß Ñì. ~¢ß ÐßÞËß±ßÃ²ß ë~ Âµß ¼ßëÝ µßãÖãÐßã ¹ßã ¼ßëÝ à²ßËßëÍß 3. ÐßãßÀßÀ- Öã¾ßÀ II µßÞæÌßãl (%) 4.26 4.55 3.07
ë~ à£ßàÀ¬£ß ²ß~§ ÐßÞµßßàÍËßÃ~ ë~ Âµß ¼ßëÝ ¹ßìÝ~ °ßÀß Á. 0.68 (0.68) ¹ßã ºßßÀ£ß ÐßÀ~ßÀ ë~ Íßë¾ßÀÑíëàÉÊÞß ~ß µßÆà£ßÍß£ß 51.55 51.55
~ÀíëÊ ~ã ÀßàÍß ~ß µßÆßËß±ßß²ß à~¾ßß Ñì. Ðßã. Öã¾ßÀ II µßæÞÌßã ë~ Âµß ¼ßëÝ àÉß¾ßë ß¾ßë ßíì¢ß ~¢ß ~ã ÀßàÍß (Á. ~ÀíëÊíëÝ ¼ßëÝ) *800 700
8. ËßÏßÃ ë~ §íìÀß²ß ¹ßìÝ~ ²ßë ÍßßÛßßßëÝ ËßÞ Þ½ßÉßíëÝ ¼ßëÝ ÉßëÛßß µßÆàÆ~¾ßß ËßÞ ½ßÉß *Á. 200 ~ÀíëÊ ~ã µµßÀ Öã¾ßÀ -II ¹ßßÞÊ ~íë à¼ßÉßß~À
ßàÐ£ß¾ßíëÞÝ ~ã Àë~ßÊÃ ~ãâµßß ~íë ÐßëÖÅÉßßÌß à~¾ßß Ñì. Ðßã¹ßãÐß ~íë Þ£ßÀ¢ß
ËßÞ ¼ßßßÆëÍß²ß ë~ §èàÏÖß£ß Á. 5.82 ~ÀíëÊ ~ã ÀßàÍß Ðß¼ßß±ßß²ß ë~
±ßã²ß Ñì.
10.2 à²ßËßëÍß
(Á. ~ÀíëñÊíëÝ ¼ßëÝ)
¼ß§ 2008-09 2007-08
(1) à²ßËßëÍß ~ß ¼ßæÉ¾ß
(i) ºßßÀ£ß ¼ßëÝ à²ßËßëÍß ~ß Ðß~Éß ¼ßæÉ¾ß 17102.77 14987.95
ºßßÀ£ß ë~ ¹ßßÑÀ, *0.00 0.00
(ii) ºßßÀ£ß ¼ßëÝ ¼ßæÉ¾ßÑÅßÐß ë~ àÉß µßÆßËß±ßß²ß 191.66 89.72
ºßßÀ£ß ë~ ¹ßßÑÀ, *0.00 0.00
(iii) ºßßÀ£ß ¼ßëÝ à²ßËßëÍß ~ß à²ßËßÉß ¼ßæÉ¾ß 16911.11 14898.23
ºßßÀ£ß ë~ ¹ßßÑÀ *0.00 0.00
(2) à²ßËßëÍß ë~ ¼ßæÉ¾ßÑÅßÐß ë~ µßÆà£ß ÀÛßë ß¾ßë µßÆßËß±ßß²ß ¼ßëÝ £ßßÀ ½ßñÜßËß
i) µßÆßÀÞàºß~ ÍßëÏß 89.72 105.58
ii) ÌßíëÊëÝ : ËßÏßÃ ë~ §íìÀß²ß à~¾ßë ß¾ßë µßÆßËß±ßß²ß 101.94 44.93
iii) ³ßÖßïÞ: ËßÏßÃ ë~ §íìÀß²ß ¹ßÖòÖë Ûßß£ßë ¼ßëÝ ÊßÉßë ß¾ßë à±ß~ µßÆßËß±ßß²ßß 0.00 60.79
iv) Þà£ß¼ß ÍßëÏß 191.66 89.72
(3) à²ßËßëÍß ë~ ²ßÌßÃ~ ßàÐ£ß¾ßíëÝ ë~ µßÆßËß±ßß²ß ¼ßëÝ £ßßÀ ½ßñÜßËß
i) µßÆßÀÞàºß~ ÍßëÏß 0.48 0.47
ii) ÌßíëÊëÝ : ËßÏßÃ ë~ §íìÀß²ß à~¾ßë ß¾ßë µßÆßËß±ßß²ß 0.05 0.01
iii) ³ßÖßïÞ: ËßÏßÃ ë~ §íìÀß²ß ¹ßÖòÖë Ûßß£ßë ¼ßëÝ ÊßÉßë ß¾ßë à±ß~ µßÆßËß±ßß²ßß - -
iv) Þà£ß¼ß ÍßëÏß 0.53 0.48
¾ßÑ * ~íë à¼ßÉßß~À Ñì
~) Á.1 (Á. 1) ë~ ËßãÐßß Þ~ ë~ à²ßËßëÍß ¼ßëÝ 21,141(21141) Íßë¾ßÀ (¬ÉßßÐß Ðßã ÐßãÀãÌß- I)
Ûß) Á. 1 ( Á. 1) ë~ ¼ßßÐÖÀ ~ßÊÃ Þ~ ë~ à²ßËßëÍß ¼ßëÝ 162 (2120) Íßë¾ßÀ (¬ÉßßÐß ¹ßã)
ß) Á. 1 (Íßæ²¾ß) ë~ àÐËß¶~òÖ ¼ßæÉ¾ß ë~ 8 (Íßæ²¾ß) Íßë¾ßÀ ¼ßëÝ à²ßËßëÍß ²ß ÞàÖÖã ë~ àËßß£ß Ë¾ßËßÐßß¾ß ÐßÞ¹ßÞ±ß ë~ §èàÏÖß£ß àËßÐßß Þ~ ËßÞ ¼ßßÐÖÀ ~ßÊÃ Þ~ ë~ Íßë¾ßÀ
Ð¦ßæÉß Âµß ¼ßëÝ, à²ß:ÍßäÉ~ ß¹ßÞàÖ£ß à~¾ßë ß¾ßë ÑìÝ.
128
7. In respect of 1437 individual housing loan accounts hardware and software aggregating to Rs. 170.11 crores is
securitised during the year 2003-04 amounting to duly accounted for as per the revised accounting policy.
Rs.50.36 crores and transferred to a Special Purpose As a result of which the cost of software amounting to
Vehicle (SPV) Trust pursuant to the Deed of Assignment Rs.89.04 crores is amortised over the estimated useful
executed with National Housing Bank (NHB).The NHB life of 5 years instead of charging to Profit & Loss account.
has issued Pass Through Certificates (PTCs) of said 10.1. Capital
amount, out of which part was subscribed by various
Banks/Financial Institutions as PTC Class-A investments Items 2008-09 2007-08
and the balance was subscribed by the bank as PTC Class A. BASEL-I BASEL-II BASEL -I
B. Such PTC class B investment with a book value of 1.CRAR (%) 12.37 13.22 11.61
Rs.3.95 crores (Rs.4.82 crores) has been shown as a
part of investments by the bank at the year end. 2.CRAR - Tier I 8.11 8.67 8.54
capital (%)
The present outstanding balance of the pool as on
31.03.2009 is Rs.15.03 crores (Rs.20.04 crores). The 3. CRAR - Tier II 4.26 4.55 3.07
bank is acting as service provider to the SPV Trust. An Capital (%)
amount of Rs.0.68 (0.68) crore has been provided by B. Percentage of the
the bank as cash collateral in addition to Investment in shareholding of the
PTC- B as Credit enhancement. Government of India 51.55 51.55
8. During the year the bank has centralized the accounting C. Amount of subord- *800 700
and record keeping of fixed assets at branches and zones. inated debt raised as
In the process of transfer and consequent to migration to Tier-II capital
CBS,the mismatches amounting to Rs.5.82 crores are (Rs. in Crores)
under reconciliation. *including upper Tier-II bond Rs.200 crores
9. Bank has completed the process of implementing the Core
Banking Solution during the year. The related cost of
10.2 Investments
(Rupees in crores)
Items 2008-09 2007-08
(1) Value of Investments
(i) Gross Value of Investments (In India) 17102.77 14987.95
(Outside India) *0.00 *0.00
(ii) Provisions for Depreciation (In India) 191.66 89.72
(iii) Net Value of Investments (In India) 16911.11 14898.23
(2) Movement of provisions held towards depreciation on investments.
i) Opening balance 89.72 105.58
ii) Add: Provisions made during the year 101.94 44.93
Iii) Less: Write-off/(write-back) of excess provisions 0.00 60.79
During the year
iv) Closing balance 191.66 89.72
(3) Movement in provision for Non-performing Assets-Investments
i) Opening balance 0.48 0.47
ii) Add: Provisions made during the year 0.05 0.01
iii) Less: Write-off/(write-back) of excess provisions --- ---
iv) Less: Recovery --- ---
v) Closing balance 0.53 0.48
* Includes the following
a)investments in 21,141(21141) shares (Class C Series I) of Visa Inc valued at Re.1(Re.1)
b) Investments in 162 (2120) shares (class B) of Master card Inc valued at Re. 1(Re.1)
c) Investments in 8 (Nil) shares of SWIFT valued at Re 1 (NIL)
Shares of Visa Inc and Master Card Inc are allotted in kind, free of cost, as an incentive in view of the past business relation
with these entities.
129
10.2.1. àÀµßíë Éßë²ß§ë²ß

(Áµß¾ßë ~ÀíëñÊíë ¼ßëÝ)
àËßËßÀ¢ß ËßÏßÃ ë~ §íëÀß²ß ËßÏßÃ ë~ §íìÀß²ß ËßÏßÃ ë~ §íìÀß²ß 31 ¼ßß½ßÃ 2009
²¾ßæ²ß£ß¼ß ¹ß~ß¾ßß à±ß~£ß¼ß ¹ß~ß¾ßß ßìÐß£ß ¹ß~ß¾ßß
àÀµßíë ë~ Þ£ßßÃ£ß µßÆà£ßºßæà£ß 262.50 525.00 6.47 0.00
(0) (0) (0) (0.00)
àÀËßÐßÃ àÀµßíë ë~ Þ£ßßÃ£ß ÛßÀã§ã ß¾ßã µßÆà£ßºßæà£ß¾ßíïÞ120.00 1995.00 136.60 0.00
(0) (2520.00) (149.33) (0.00)
10.2.2. ßìÀ ÐßÉßßÀ à²ßËßëÍß µßíëÖ¶Ã ~ßëàÉß¾ßíë
i) ßìÀ ÐßÉßßÀ à²ßËßëÍßíëÝ ~ß Í¾ßæÀ ~¼µßíëÌßãÍß²ß
(ËßßãÃ~À¢ß, ¼ßæÉ¾ß²ß ËßÞ ¹ßìÝ~íëÝ °ßÀß à²ßËßëÍß ÐßÞàËßºßßß ë~ µßàÀ½ßßÉß²ß ë~ àÉß ¼ßßÐÖÀ µßàÀµß¥ßß-àËßËßë~µßæ¢ßÃ ¼ßß²ß§ÞÊ ë~ 1.2.10 ë~ µßìÀß ë~ ²ßäÐßßÀ)
Æ~¼ßßÞ~Þ à²ßßÃ¼ß~£ßßÃ (Í¾ßæÀ) ÀßàÍß µßÆßËßëÖ µÉßëÐß¼ßëÝÖ à²ßËßëÍß ÎÇí¢ë ßã Ðßë ~¼ß ²ßÀëÖìÊ ²ßàÉßÐÖëÊ
~ã ¼ßß¥ßß µßÆà£ßºßæà£ß¾ßíëÝ ~ã ¼ßß¥ßßµßÆà£ßºßæà£ß¾ßíëÝ ~ã ¼ßß¥ßßµßÆà£ßºßæà£ß¾ßíëÝ ~ã ¼ßß¥ßß
1 ÐßßËßÃÌßà²ß~ ßë¥ß ë~ ®¼ß 319.84 267.39 13.60 - --
2 ¶~ß¨Ã àËß££ßã¾ß ÐßÞÐ¦ßß²ß 434.55 310.49 24.05 24.05 24.05
3 ¹ßìÝ~ 448.20 392.27 - - -
4 µßÆßËßëÖ ~ßµßíëÃÀëÖ 477.17 265.98 - - -
5 ²ßäÏßÞßã/ÐßÞ¾ßä¬£ß ®¼ß 14.31 14.31 - - -
6 ²¾ß - - - - -
7 ä~Éß 1694.07 1250.44 37.65 24.05 24.05
8 ~¼ß ~ÀëÝ: ¼ßæÉ¾ßÑÅßÐß ë~ µßÆà£ß µßÆßËß±ßß²ß 94.39 xxxxxxx xxxxxx xxxxxx xxxxxx
9 ÍßëÏß 1599.68 1250.44 37.65 24.05 24.05
~íîÉß¼ß 3 ë~ Þ£ßßÃ£ß ä~Éß ²ßäÐßæ½ßã 8 ¼ßëÝ à²ßËßëÍß ë~ à²ß¼²ßàÉßàÛß£ß ÎÇíë¢ßã Íßßà¼ßÉß ÑìÝ.
(Áµß¾ßë ~ÀíëñÊíëÝ ¼ßëÝ)
àËßËßÀ¢ß à²ßËßÉß ¼ßæÉ¾ß
Íßë¾ßÀ 165.51
àÊ¹ßëÝ½ßÀ ËßÞ ¹ßßÞÊ 989.40
²ßäÏßÞßã / ÐßÞ¾ßä¬£ß ®¼ß 9.31
²¾ß 435.46
ä~Éß 1599.68
130
10.2.1. Repo Transactions

(Rupees in crores)
Particulars Minimum Maximum Daily Average Balance

outstanding outstanding outstanding As on 31st March
during the year during the year during the year 2009
Securities sold under Repos 262.50 525.00 6.47 0.00
(0) (0) (0) (0.00)
Securities purchased under 120.00 1995.00 136.60 0.00

Reverse Repos (0) (2520.00) (149.33) (0.00)
10.2.2. Non S.L.R. Investment Portfolio

i) Issuer composition of Non SLR Investments
(Vide para of 1.2.10 Master Circular-Prudential norms for classification, valuation and operation of investment portfolio by
Banks)
(Rupees in crores)
Sr. No. Issuer Amount Extent of Extent of below Extent of Extent of

Private Investment Grade unrated unlisted
Placement Securities securities securities
(1) (2) (3) (4) (5) (6) (7)
1 PSUs 319.84 267.39 13.60 - -
2 FIs 434.55 310.49 24.05 24.05 24.05
3 Banks 448.20 392.27 - -
4 Private Corporates 477.17 265.98 - - -
5 Subsidiaries/
Joint Ventures 14.31 14.31 - - -
6 Others - - -
7 Total 1694.07 1250.44 37.65 24.05 24.05
8 Less: Provision held

towards depreciation 94.39 xxxxxxx xxxxxx xxxxxx xxxxxx
9 Balance 1599.68 1250.44 37.65 24.05 24.05
Total under column 3 include the following categories of investments specified in Schedule 8 to the Balance Sheet:
(Rupees in crores)
Particulars Net Value
Shares 165.51
Debentures & Bonds 989.40
Subsidiaries / Joint Ventures 9.31
Others 435.46
Total 1599.68
131
ii) ²ßÌßÃ~ ßìÀ ÐßÉßßÀ à²ßËßëÍß

àËßËßÀ¢ß 2008-2009 2007-08
µßÆßÀÞàºß~ ÍßëÏß 0.48 0.47
ËßÏßÃ ë~ §íìÀß²ß ÌßíëÊñ 0.05 0.01
Ëßà±ß ë~ §íìÀß²ß ~¼ßã -- --
Þà£ß¼ß ÍßëÏß 0.53 0.48
ÀÛßë ß¾ßë ä~Éß µßÆßËß±ßß²ß 0.53 0.48
10.2.3. ~) ËßÏßÃ ë~ §íìÀß²ß, ¹ßìÝ~ ²ßë 1116.12 (741.16) ~ÀíëÊ ~íë µßÆà£ßºßæà£ß¾ßíëÝ ~íë à¹ßÆ~ã ë~ àÉß µßÉß¹±ß (¶~Ðß) ÎÇíë¢ßã Ðßë µßàÀµß¬Ëß£ßß
ë~ àÉß (½ßÖã¼ß) ÎÇíë¢ßã ¼ßëÝ à±ßßÆÑ¢ß Éßßß£ß/¹ßÑã ¼ßæÉ¾ß/¹ßßÌßßÀ ¼ßæÉ¾ß µßÀ àÍß¶~Ö à~¾ßß ÑìÀ ËßÞ ËßÞ Á. 8.58 (9.12) ~ÀíëÊ ~ß µßàÀ¢ßß¼ßã
¼ßæÉ¾ßÑÅßÐß ~ß µßÆßËß±ßß²ß à~¾ßß Ñì.
Ûß) ½ßÖã¼ß ÎÇíë¢ßã ë~ Þ£ßßÃ£ß µßÆà£ßºßæà£ß ~ã à¹ßÆ~ã ë~ ~ßÀ¢ß Ñä¨Ã Ñßà²ß Íßæ²¾ß (Íßæ²¾ß) Ñì.
10.3.0 ÊëàÀËßëàÖËß
10.3.1 Ëßß¾ß§ß §À ~ÀßÀ/ à²ßËßëÍß µßíëÖ¶Ã ~íëàÉß¾ßíëÝ ~ß ¹¾ßßÌß §À ÐËßßµß
( Áµß¾ßë ~ÀíëñÊíëÝ ¼ßëÝ)
¼ß§ 2008-09 2007-08
ÐËßìµß ßÆã¼ßëÝÖ ~ß ²ßíëÍß²ßÉß àµßÆÞàÐßµßÉß 150.00 575.00
¾ßà§ ~ÀßÀ ë~ ²ßäÐßßÀ ~ßÞÖÀ µßßÖãÃ µß²ßã ¹ßß±¾ß£ßß ~íë µßæÀß ~À²ßë àËß¶~Éß Ñíë£ßë ÑìÝ Ðß~ã Ñßà²ß Ìßíë Ñíëßã 0.58 0.37
ÐËßìµß ë~ ÞÖÀ ~À²ßë µßÀ ¹ßìÝ~ °ßÀß µßëàß£ß ~íëÉßëÖÀÉß 0.00 0.00
ÐËßìµß Ðßë Ñíë²ßë ËßßÉßãë ~¢ß ÌßíëàÛß¼ß ~ß ëÝ~§Æã~À¢ß 0.27 3.24
ÐËßìµß ¹ßÑã ~ß ¶~ì¾ßÀ ¼ßæÉ¾ß (0.86) (14.21)
10.3.2 Ëßß¾ß§ß §À ~ÀßÀ / ¶~ßÀë¬Ðß µßíëÖ¶Ã ~íëàÉß¾ßíë ~ß ¹¾ßßÌß §À ÐËßßµß
¼ß§ 2008-09 2007-08
ÐËßßµß ßÆã¼ßëÝÖ ~ß ²ßíëÍß²ßÉß àµßÆÞàÐßµßÉß 416.07 0.00
¾ßà§ ~ÀßÀ ë~ ²ßäÐßßÀ ~ßÞÖÀ µßßÖãÃ µß²ßã ¹ßß±¾ß£ßß ~íë µßæÀß ~À²ßë àËß¶~Éß Ñíë£ßë ÑìÝ Ðß~ã Ñßà²ß Ìßíë Ñíëßã 82.60 0.00
ÐËßßµß ë~ ÞÖÀ ~À²ßë µßÀ ¹ßìÝ~ °ßÀß µßëàß£ß ~íëÉßëÖÀÉß 0.00 0.00
ÐËßßµß Ðßë Ñíë²ßë ËßßÉßãë ~¢ß ÌßíëàÛß¼ß ~ß ëÝ~§Æã~À¢ß 117.93 0.00
ÐËßßµß ¹ßÑã ~ß ¶~ì¾ßÀ ¼ßæÉ¾ß 82.60 0.00
10.3.3 ¬Ðß½ßëÝÌß ÖÅëÊëÊ ¹¾ßßÌß §À ÊëàÀËßëàÖËß:
Æ~¼ß ÐßÞ àËßËßÀ¢ß ÀßàÍß
(i) ËßÏßÃ ë~ §íìÀß²ß à~¾ßë ß¾ßë ¬Ðß½ßëÝÌß ÖÅëÊëÊ ¹¾ßßÌß §À ÊëàÀËßëàÖËß ~ã ~ßÉµßà²ß~ ¼ßæÉß ÀßàÍß (àÉßÛß£ß ËßßÀ) Íßæ²¾ß
(ii) 31.03.2009 ~íë ¹ß~ß¾ßß à~¾ßë ß¾ßë ¬Ðß½ßëÝÌß ÖÅëÊëÊ ¹¾ßßÌß §À ÊëàÀËßëàÖËß ~ã ~ßÉµßà²ß~ ¼ßæÉß ÀßàÍß (àÉßÛß£ß ËßßÀ) Íßæ²¾ß
(iii) ¹ß~ß¾ßë ¬Ðß½ßëÝÌß ÀëÖ ÊëàÀËßëàÖËß ~ã ~ßÉµßà²ß~ ¼ßæÉß ÀßàÍß Éßëà~²ß ~ß¶~ã µßÆºßßËßã ²ßÑãÝ ÑìÝ (àÉßÛß£ß ËßßÀ) Íßæ²¾ß
(iv) ¼ßßÃ~ Öæ ¼ßßëÃ~Ö ¼ßæÉ¾ß ~ß ¹ß~ß¾ßß ¬Ðß½ßëÝÌß ÖÅëÊëÊ ¹¾ßßÌß §À ÊëàÀËßëàÖËß ßìÀ ~ß¶~ã µßÆºßßËßã ²ßÑãÝÞ Ñì (àÉßÛß£ß ËßßÀ) Íßæ²¾ß
132
ii) Non Performing Non SLR Investments (Rupees in crores)
Particulars 2008-09 2007-08

Opening Balance 0.48 0.47
Additions during the year 0.05 0.01
Reduction during the period
Closing Balance 0.53 0.48
Total provisions held 0.53 0.48
10.2.3. a) During the year, the Bank has shifted securities aggregating to Rs. 1116.12 (741.16) crores from Available for
Sale (AFS) category to Held to Maturity (HTM) category at lower of acquisition cost/book value /market value and the
resultant depreciation of Rs.8.58 (9.12) crores has been provided.
b) Loss incurred during the year on account of sale of security under HTM category is Nil (Nil).
10.3.0 Derivatives
10.3.1 Forward Rate Agreement / Interest Rate Swaps of Investment portfolio

(Rupees in crores)
Items 2008-09 2007-08
The notional principal of swap agreements 150.00 575.00

Losses which would be incurred if counter parties failed to fulfill
their obligations under the agreements 0.58 0.37
Collateral required by the bank upon entering into swaps 0.00 0.00
Concentration of credit risk arising from the swaps 0.27 3.24
The fair value of the swap book (0.86) (14.21)
10.3.2 Forward Rate Agreement / Interest Rate Swaps of Forex portfolio

(Rupees in crores)
Items 2008-09 2007-08
The notional principal of swap agreements 416.07 0.00

Losses which would be incurred if counter parties failed to fulfill their
obligations under the agreements 82.60 0.00
Collateral required by the bank upon entering into swaps 0.00 0.00
Concentration of credit risk arising from the swaps 117.93 0.00
The fair value of the swap book 82.60 0.00
10.3.3 Exchange Traded Interest Rate Derivatives (Rupees in Crores)

S.No. Particulars Amount
(i) Notional principal amount of exchange traded interest rate derivatives undertaken
during the year (instrument-wise) NIL
(ii) Notional principal amount of exchange traded interest rate derivatives outstanding
as on 31st March 2009 (instrument-wise) NIL
(iii) Notional principal amount of exchange traded interest rate derivatives outstanding
and not highly effective (instrument-wise) NIL
(iv) Mark-to-market value of exchange traded interest rate derivatives outstanding and
not highly effective (instrument-wise) NIL
133
10.3.4. ÊëàÀËßëàÖËß ¼ßëÝ ÌßíëàÛß¼ß ¬ÐßµßíëÌßÀ ~ß µßÆ~Öã~À¢ß ¹ßßÌßßÀ ¼ßæÉ¾ß ª~íë ¹ßÑã ¼ßëÝ Þàª~£ß ª~À²ßë ª~ã àÐ¦ßà£ß ¼ßäÑì¾ßß ª~Àß ÀÑë ÑìÝ ©ËßÞ
ª~) ßä¢ßß£¼ßª~ µßÆª~Öãª~À¢ß: ¹ßìÝª~ ^Ðßª~ã ßËßà±ßª~ Þ£ßÀßÉßíëÝ µßÀ Ðß¼ßãßß ª~À ÀÑß Ñì. Ðßºßã ¹ßª~ß¾ßë
ª~. ÊëàÀËßëàÖËß ÖÅâë Êß ¼ßëÝ ÌßíëàÛß¼ß ªë~ µßÆ¹ßÞ±ß²ß ªë~ àÉß© ÐßÞÀ½ß²ßß ©ËßÞ ÐßÞß×²ß: ÐËßßµß, ²ß¾ßë ÐËßßµß ~ã µßÆàËßÏÖ ~ã à²ßßÃà¼ß£ß ÐËßßµß, ÐËßßµß ªë~ ¹ßßÌßßÀ ¼ßæÉ¾ß
ª~íë ¹ßÑã ¼ßëÝ Þàª~£ß ª~À²ßë, ©ÞÖÊÃ ªì~µÐß/¸ÉßíëÐßÃ (¾ßà§ ª~íë¨Ã Ñíëë) ¨£¾ßßà§ ª~ã
i) ¹¾ßßÌß §À ÐËßßµß (ß¨ÃßÀ©Ðß) µßÀ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ ªë~ ¼ßßßÃ§ÍßãÃ Ðß¼ßãßß ¹ßìÝª~ ª~ã à²ßËßëÍß Ðßà¼ßà£ß ©ËßÞ ¹ßíëÊÃ °ßÀß ¼ßßàÐßª~ Þ£ßÀßÉßíëÝ µßÀ ª~ã
àÐß«ßÞ£ßíëÝ ©ËßÞ }~ßÀËßÊÃ ÀëÖ ßÆã¼ßëÝÖ (©}~ßÀ©) ªë~ ²ßäÐßÀ¢ß ¼ßëÝ ºßßÀ£ßã¾ß Ìßß£ßã Ñì. ß¨ÃßÀ©Ðß ¼ßëÝ àª~¾ßë ß¾ßë Éßë²ß§ë²ß ªë~ àËßËßÀ¢ß ª~ã àÀµßíëÖÃ ºßã
àÀÌßËßÃ ¹ßìÝª~ ²ßë ¹¾ßßÌß §À ÐËßßµß ªë~ àÉß© ²ßãà£ß ©ËßÞ µßÆàªÆ~¾ßß, ª~ß^ÞÖÀ µßßÖãÃ µßßàßª~ ß±ßßÀ µßÀ ºßßàÀ¹ßìÝª~ ª~íë ºßëÌßã Ìßß ÀÑã Ñì.
©{ÐßµßíëÌßÀ Ðßã¼ßß, à±ßª~ßÀíëÝ ª~ß µßÆ£¾ßß¾ßíëÌß²ß, ÉßëÛßß ²ßãà£ß, ¼ßæÉ¾ßßÞª~²ß ªë~
àÉß© ²ßãà£ß, ß¨Ã©ÐßÊã© µßÆÉßëÛß²ß, ª~Ö ÉßíîÐß, àÀµßíëàÖÄÞß ¨£¾ßßà§ ª~ß ß. ÑëâÌßß ©ËßÞ/ ¾ßß à¼ßàÖßëâÖß ªë~ àÉß© ²ßãà£ß ©ËßÞ ÑëÌßëÐß/à¼ßàÖßëÖÝ Ðò ß ªë~
²ßä¼ßíë§²ß àª~¾ßß Ñì ©ËßÞ Á. 1500 ª~ÀíëÊ ª~ß ªì~µß à²ß±ßßÃàÀ£ß àª~¾ßß Ñì µßÆºßßËß ª~íë ÌßßÀã ÀÛß²ßë ªë~ àÉß© ¼ßß²ßãÖâÀß Ñë£ßä À¢ß²ßãà£ß ©ËßÞ µßÆàªÆ~¾ßß:
(ÖÅëâÊß ¹ßÑã ªë~ àÉß© Á. 500 ª~ÀíëÊ ª~ã ^µß Ðßã¼ßß). ¹ßìÝª~ ²ßë ¨²ß ¹ßßÌßßÀ ËßÐßÀ ªë~ ß±ßßÀ µßÀ ©ËßÞ µßÀß¼ßÍßÃ§ß£ßß ªë~ µßÀß¼ßÍßÃ Ðßë ¹¾ßßÌß §À
¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ªë~ Ðß¼ßßÆ }Æë~¼ßËßªÃ~ ªë~ Þ£ßßÃ£ß ÊëëàÀËßëàÖËß ßµßÀëÍß²ß ª~ß ªë~ ÐßÞ½ßÉß²ß ª~íë ±¾ßß²ß ¼ßëÝ ÀÛßª~À ^Ðß µßÀ ª~ß¾ßÃ àª~¾ßß Ìßß£ßß Ñì. ÐËßßµß ª~ã
ÐßÞ½ßßÉß²ß àª~¾ßß Ñì. Íß£ßíëÄ ªë~ ²ßäÐßßÀ, à²ß¾ß£ß à£ßà¦ß /à£ßà¦ß ª~íë ¾ß®àµß ÐËßßµßíëÝ ª~ß à²ßµßÖß²ß Ñíë£ßß
ii) ¹ßìÝ~ ²ßë àËßºß²²ß µßÆ~ßÀ ë~ ~ÀëÝÐßã ÐËßßµß ¼ßëÝ ¶~ßÀë¬Ðß ÊëàÀËßëàÖËß µßÀ ~ß¾ßÃ Ñì, ¹ßßÌßßÀ ¼ßëÝ µßàÀËß£ßÃ²ß ªë~ µßÆºßßËß ª~íë Ìßß²ß²ßë ªë~ àÉß© §ìà²ßª~ ß±ßßÀ µßÀ
~À²ßë ë~ àÉß µßíïàÉßÐßã ËßÞ µßÆàÆ~¾ßßßëÝ, ~ßÞÖÀ µßßÖãÃ ~ÐßµßëÌßÀ Ðßã¼ßß, ÐËßßµß ¹ßäª~ ª~ã ¼ßß²ßãÖâÀß ª~ã Ìßß£ßã Ñì. Ìß¹ß ²ßª~ßÀß£¼ßª~ ¹ßßÌßßÀ ¼ßæËß¼ßëÝÖ
à±ß~ßÀíëÝ ~ß µßÆ£¾ßß¾ßíëÌß²ß, ÉßëÛßß ²ßãà£ß, ß¨ÃÐßÊã, µßÆÉßëÛß²ß, àÀµßëßÖíëÄ ©ª~à§Íßã¾ß Ñì, ª~âÖß ÉßíîÐß ªë~ àÉß© ÐËßßµß ª~íë ©à{ÌßÖ àª~¾ßß Ìßß£ßß Ñì.
£¾ßßà§ ~ß ²ßä¼ßíë§²ß à§¾ßß ËßÞ àËßàºß²²ß µßÆ~ßÀ ë~ ¹¾ßßÌß §À ÐËßßµß Ìßíë ª~Ö ÉßíîÐß Ðßã¼ßß, ©à{ÌßÖ à±ßª~ßÀ, Ðß¼ßãßß µßÆßà±ßª~ßÀã ¨£¾ßßà§ à²ß±ßßÃàÀ£ß
~ßµßíëÃÀëÖ ~¢ßã ßÆßÑ~íëÝ ²¾ß ¹ßì~ ~¢ßã ßìÀ ßÆßÑ~ ë~ Ðßß¦ß ¹ßì~ Öæ ¹ßì~ ÑìÝ.
ß±ßßÀ µßÀ Þ~ËßÖÃ ~À²ßë ë~ àÉß ºßßàÀ¹ßìÝ~ °ßÀß àËßÍíëÏß Âµß Ðßë µßÆà£ß¹ßÞà±ß£ß ³ß. ÑëÌß ©ËßÞ ²ßß²ß ÑëÌß Àëª~ßÊÃ ª~À²ßë ªë~ àÉß© ÉßëÛßß ²ßãà£ß, ß¾ß, µßÆãà¼ß¾ß¼ß
²ßÑãÝ Ñì ¹ßìÝ~ ~ã ²ßãà£ß ¹ßì~ Öæ ¹ßì~ ß±ßßÀ µßÀ µß²ßë ¶~ßÀËßÊÃ ¬ÐßµßëßÌßÀ ©ËßÞ àÊÐª~ß^ÞÖ ª~ã µßÑ½ßß²ß, ¹ßª~ß¾ßë ÐßÞàËß§ß ª~ß ¼ßæÉ¾ßßÞª~²ß, µßÆßËß±ßß²ßãª~À¢ß,
ÑëâÌßß/µßÆßâÐßß ë~ àÉß ¹ßìÝ~ ßÆßÑ~íëÝ ~íëë µÉßß²ß Ëßà²ßÉßß ¾ßææÀíëàµß¾ß²ß ÐÖßÉß ÐßÞµßßàÍËßÃª~ ©ËßÞ <~¢ß ÌßíëàÛß¼ß à¼ßàÖßëÍß²ß:
ßïµÍß²ß ~íë ÞÖÀ ~À²ßë ë~ àÉß ¹ßìÝ~ ~íë µßÀà¼ßÖ ~À£ßã Ñì. àËßÐ£ßè£ß ÉßëÛßß ²ßãà£ß ©ËßÞ ¼ßæÉ¾ßßÞª~²ß ²ßãà£ß ¹ßíëÊÃ °ßÀß ²ßä¼ßíëà§£ß àª~¾ßë Ìßß£ßë
iii) ¼ßßàÐß~ ß±ßßÀ µßÀ ¼ßßÃ~ Öæ ¼ßßëÃ~Ö ¼ßæÉ¾ß²ß µßÀ ßÆßÑ~íëÝ ~íë ºßëÌßë Ìßß£ßë ÑìÝ ÑìÝ. ÑëâÌßß µßÆ¾ßíëÌß²ß ªë~ àÉß© Éßë²ß§ë²ß ª~íë ^µß½ß¾ß ß±ßßÀ µßÀ àÑÐßß¹ß ¼ßëÝ
ßìÀ ½ßßÉßæ ¬ÐßµßëßÌßÀ ¼ßë¦ßÊ µßÀ µßæÞÌßã µßÆºßßÀ µßÆßËß±ßß²ß à~¾ßß Ìßß£ßß Ñì. àÉß¾ßß Ìßß£ßß Ñì, ¨Ðßªë~ àÐßËßß¾ß ÌßÑíïÞÝ µßæËßßÃà±ßª~ßÀ/²ßß¼ßíëà§ò§ÏÖ ßàÐ£ß/§ë¾ß£ßß
iv) ¹ßì~ Öæ ¹ßì~ ß±ßßÀ µßÀ ¾ßß Ñ¼ßßÀë µß²ßë àËß§ëÍßã ¼ßäÆ§ß ¬ÐßµßíëÌßÀ ~ã ª~íë ¹ßßÌßßÀ ªë~ àÉß© ¼ßßªÃ~ àª~¾ßß ß¾ßß Ñì ßìÀ ¹ßßÌßßÀ ¼ßæÉ¾ß µßÀ (¾ßß
ÑëâÌßß ë~ àÉß àÉß¾ßë ß¾ßë ÊëàÀËßëàÖËß ~ß¾ßíëÄ ~íë ÐßÞàËß§ß ~ã £ßßÀãÛß ~íë Éßßß£ß Ðßë ª~¼ß ¾ßß ¹ßßÌßßÀ ¼ßæÉ¾ß) ¹ßìÝª~ ª~ã ¹ßàÑ¾ßßÞë ¼ßëÝ Éßë²ß§ë²ß àª~¾ßë Ìßß£ßë ÑìÝ.
àËß®¼ßß²ß §À µßÀ Àë~ßÊÃ à~¾ßß ß¾ßß Ñì ßìÀ £ßäÉß²ßµß¥ß £ßßÀãÛß ~ã ¬ÉßëâÌßß ^Ðß ¼ßß¼ßÉßë ¼ßëÞ ²ßß¼ßíëà§ò§ÏÖ ßàÐ£ß ¾ßß §ë¾ß£ßß ªë~ ¹ßßÌßßÀ ¼ßæÉ¾ß ªë~ Ðß¼ßß¾ßíëÌß²ß
§À µßÀ àÀµßíëÖÃ à~¾ßß ß¾ßß Ñì. ²ß Éßë²ß§ë²ßíëÝ Ðßë ÐßÞ¹ßÞà±ß£ß ÀßÌßÐËß ~ß ªë~ Âµß ¼ßëÝ µßàÀ¢ßß¼ßã Éßßºß ¾ßß Ñßà²ß ªë~ Ðßß¦ß ÐËßßµß ª~íë ¹ßßÌßßÀ ¼ßßªÃ~ àª~¾ßß
à²ß±ßßÃÀ¢ß ÐßÞàËß§ß ~ã Ðß¼ßßàµ£ß £ß~ ß²ßäµßßà£ß~ Ëßà±ß ë~ àÉß à~¾ßß ß¾ßß Ìßß£ßß Ñì. ÐËßßµß ª~ã Ðß¼ßßàµ£ß µßÀ Éßßºß ¾ßß Ñßà²ß à²ß±ßßÃàÀ£ß ª~ã Ìßß£ßã Ñì Ìß¹ß
Ñì. ¹ßì~ Öæ ¹ßì~ ¹ßëàÐßÐß µßÀ à~¾ßë ß¾ßë ÐßÞàËß§ßßëÝ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ÀßÌßÐËß ~ß ²ßß¼ßíëà§ò§ÏÖ ß¾ß ©ËßÞ §ë¾ß£ßß µßÀ ßî}~ÐßëâÖß Éßßºß ©ËßÞ Ñßà²ß à²ß±ßßÃàÀ£ß ª~ã
à²ß±ßßÃÀ¢ß ÐßÞàËß§ß µßÑÉßë Ðß¼ßßµ£ß à~¾ßë Ìßß²ßë µßÀ Ðß¼ßßàµ£ß µßÀ à~¾ßß ß¾ßß Ñì. Ìßß£ßã Ñì.
Ûß. ÌßíëàÛß¼ß ¼ßßµß ª~ã ßäÌÞ ßß¨Íß ©ËßÞ µßÆª~è à£ß, ÌßíëàÛß¼ß àÀµßíëàÖÄß ©ËßÞ ÌßíëàÛß¼ß ß¾ß àËßËßÀ¢ß ¼ßëÝ µßàÀËß£ßÃ²ß Àëª~ßÊÃ ª~À²ßë ªë~ Ðßß¦ß ÖÅëâÊß ÐËßßµß ª~íë ¹ßßÌßßÀ
¼ßß²ßãÖâÀß àÐßÐÖ¼ß : Ðßë ¼ßßªÃ~ àª~¾ßë Ìßß£ßë ÑìÝ. ß¾ß, Ë¾ß¾ß, ÐËßßµß ª~ã Ðß¼ßßàµ£ß µßÀ ÍßäÉª~ Éßßºß
¾ßß Ñßà²ß ª~íë £ßäÀÞ£ß Ñã ß¾ß ¾ßß Ë¾ß¾ß ªë~ Âµß ¼ßëÝ àÀª~ßÊÃ àª~¾ßë Ìßß£ßë ÑìÝ.
¹ßìÝª~ ÊëàÀËßëàÖËß Éßë²ß§ë²ß ªë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ~ µßÀß¼ßÍßÃ§ß£ßß ª~ã ÐßëËßßßëÝ ª~ß
Éßßºß ^×ß ÀÑß Ñì. µßÀß¼ßÍßÃ§ß£ßß }~¼ßÃ Ðßºßã ¹ßª~ß¾ßë ÐËßßµß ªë~ àÉß©
134
10.3.4 Disclosures on risk exposure in derivatives the derivative transactions undertaken. The consultant
firm is providing daily mark to market position of all the
A) Qualitative Disclosures:
outstanding swaps and the Bank is reviewing the same
a) Structure and Organization for Management of risk at periodical intervals. The position of all outstanding
in derivatives trading: swaps, new swaps entered, swaps exited, Mark to Market
value of swaps etc., is being reviewed by the Banks
i) In terms of Reserve Bank of India guidelines on Interest
Investment Committee and the Board at monthly intervals.
Rate Swaps (IRS) and Forward Rate Agreements (FRA)
Details of transactions undertaken in IRS are also reported
the Bank has approved policies and procedures, Counter
to RBI on a fortnightly basis.
party exposure limits, delegation of powers, Accounting
Policy, policy for valuation, ISDA documentation, cut loss, c) Policies for hedging and / or mitigating and strategies
reporting etc., for Interest Rate Swaps and fixed a cap of and processes for monitoring the continuing
Rs.1500crores for interest rate swaps (sub-limit of Rs. effectiveness of hedges / mitigants:
500 crores for Trading Book). Bank has conducted the
Depending on the market opportunities and as per the
derivative operations within the overall framework of these
advice of the Consultant, a view on interest rate movement
guidelines.
is taken and acted upon. Though the settlement of swaps
ii) The Bank has approved policies and procedures, counter takes place on due date/dates as per the terms of the
party exposures limits delegation of powers, accounting swaps, the value monitoring is carried out daily to know
policy, ISDA documentation, reporting etc., for undertaking the impact of market changes on Swap Book. When
forex derivatives in various forms of currency swaps & unfavorable market movements are unidirectional, swaps
various types of interest rates swaps not specifically are exited cutting loss. Cut loss limits, exit powers,
prohibited by RBI with the corporate borrower customers, reviewing authority etc., are prescribed.
other banks and non-borrower customers to be covered
d) Accounting policy for recording the hedge and non-
on back to back basis. Banks policy also permits entering
hedge transactions, recognition of income, premiums
into Plain Vanilla Europeon Style Option to Banks
and discounts, valuation of outstanding contracts,
customers for hedging / pricing their forward exposures
provisioning, collateral and credit risk mitigation:
on back to back basis, or for hedging foreign currency
exposures. Detailed accounting policy and valuation policy are
approved by Board. Transactions for hedging purposes
iii) Mark to Market valuation are sent to customers on monthly
are accounted for on accrual basis except the swap
basis and capital charge is provided as per current
designated with an asset / liability that is carried at lower
exposure method.
of cost or market value. In that case, the swap is marked
iv) Derivative contracts undertaken on back-to-back basis to market, with the resultant gain or loss recorded as an
or for hedging our own foreign currency exposure are adjustment to the market value of designated asset or
recorded at the rate prevailing on the date of the contract liability. On termination of swap, gain or loss is recognized
and are reported at the closing rates at the Balance Sheet when the offsetting gain or loss is recognized on the
date. The revenue in respect of these transactions is designated asset or liability. Any gain or loss on the
recognized for the proportionate period till the expiry of terminated swap was deferred and recognized over the
the contract. In respect of contracts done on back to back shorter of the remaining contractual life of the swap or
basis, the revenue on early termination of the contract is the remaining life of the asset / liability.
recognized on termination.
Trading transactions have to be marked to market with
b) Scope and nature of risk measurement, risk reporting charges recorded in the income statement. Income,
and risk monitoring systems: expenditure, fee, gains or losses on termination of swaps
are all recorded as immediate income or expenses.
Bank is availing the services of a consultant in respect of
135
Ûß) µßàÀ¼ßß¢ßß£¼ß~ µßÆ~Öã~À¢ß (Áµß¾ßë ~ÀíëÊñ íë ¼ßë)Ý

ªÆ~¼ß ÐßÞ àËßËßÀ¢ß ª~ÀëÝÐßã ÊëàÀËßëàÖËß ¹¾ßßÌß §À ÊëàÀËßëàÖËß
1 ÊëàÀËßëàÖËß (ª~ßÉµßà²ßª~ ¼ßæÉß ÀßàÍß)
ª~) ÑëâÌßß ªë~ àÉß© 170.26 150.00
Ûß) ÖÅëâÊß ªë~ àÉß© - -
2 ¹ßßÌßßÀ ª~íë §À ¹ßßÌßßÀ àÐ¦ßà£ß
ª~. ÑëâÌßß
ª~) ßàÐ£ß (+) 7.52
Ûß) §ë¾ß£ßß (-) (-) 7.52 0.86
Ûß. ÖÅëâÊß
ª~) ßàÐ£ß (+) - -
Ûß) §ë¾ß£ßß (-) -
3 <~¢ß ¬ÐßµßíëÌßÀ 14.82 0.27
4 ¹¾ßßÌß §À ¼ßëÝ ©ª~ µßÆà£ßÍß£ß ª~ß ÐßÞºßßàËß£ß µßÆºßßËß (100*µßãËßã01)
ª~) ÑëâÌßß ÊëàÀËßëàÖËÐß µßÀ - 0.96
Ûß) ÖÅëâÊß ÊëàÀËßëàÖËÐß µßÀ - -
5 ËßÏßÃ ªë~ §íìÀß²ß 100*µßãËßã01 µßÀ §ëÛßë ß¾ßë à±ßª~£ß¼ß Ëß ²¾ßæ²ß£ß¼ß
~) ÑëëâÌßß µßÀ à±ß~£ß¼ß : (4.72)
²¾ßæ²ß£ß¼ß : (47.17)
Ûß) ÖÅëâÊß µßÀ - à±ß~£ß¼ß
²¾ßæ²ß£ß¼ß: -
ÊëàÀËßëàÖËß ÊãÉß ë~ ~ßÀ¢ß ¹ßìÝ~ ~ãë Á. 7.52 ~ÀíëÊ ~ã ¼ßßÃ~ Öæ ¼ßßëÃ~Ö ~ã àÐ¦ßà£ß ( ~ßÞÖÀ µßßÖãÃ ¹ßìÝ~ ë~ Ðßß¦ß ²ßëßëàÖËß) Ñì. Ðßºßã ÊëàÀËßëàÖËß ÊãÉß ¹ßì~ Öæ ¹ßì~ ~ËßÀ à~¾ßë
Ìßß£ßë ÑìÝ. £ß: ¹ß~ß¾ßë ÊãÉß µßÀ à²ßËßÉß ¼ßßÃ~ Öæ ¼ßßëÃ~Ö Éßßºß Ëß Ñßà²ß ²ßÑãÝ Ñì.
àËß§ëÍßã ¼ßä§Æß ¬ÐßµßëßÌßÀíëÝ ~íë ÑëâÌßß ~À²ßë ë~ àÉß ¹ßìÝ~ ~ã Á. 82.60 ~ÀíëÊ ~ã ¼ßßÃ~ Öæ ¼ßßëÃ~Ö ~ã àÐ¦ßà£ß Ñì. Ðß Éßë²ß§ë²ß ë~ àÉß à²ßËßÉß ¼ßßÃ~ Öæ ¼ßßëÃ~Ö Íßæ²¾ß Ñì.
10.4.0 ßàÐ£ß ßä¢ßËß££ßß
10.4.1 ²ßÌßÃ~ ßàÐ£ß
¼ß§ 2008-09 2007-08
(i) à²ßËßÉß àßÆ¼ß ~íë à²ßËßÉß ²ßµßã 0.18% 0.15%
(ii) ²ßµßã ~ß ¼ßæËß¼ßëÖÝ (Ðß~Éß)
(~) µßÆßÀÞàºß~ ÍßëÏß 372.43 397.01
(Ûß) ËßÏßÃ ë~ §íìÀß²ß ÌßíëñÊ 201.32 201.52
(ß) ËßÏßÃ ë~ §íìÀß²ß ~¼ßã 205.61 226.10
(³ß) Þà£ß¼ß ÍßëÏß 368.14 372.43
(iii) à²ßËßÉß ²ßµßã ~ß ¼ßæËß¼ßëÖÝ
(ß) ËßÏßÃ ë~ §íìÀß²ß ~¼ßã 0.00 0.00
(³ß) Þà£ß¼ß ÍßëÏß 79.22 53.70
(iv) ²ßµßã ë~ µßÆßËß±ßß²ß ë~ àÉß ¼ßæËß¼ßëÖÝ
(ß) ËßÏßÃ ë~ §íìÀß²ß ~¼ßã 200.86 118.38
(³ß) Þà£ß¼ß ÍßëÏß 300.01 328.67
* à²ßà§ÃÏÖ µßÆßËß±ßß²ß, Ð¦ßß¾ßã µßÆßËß±ßß²ß ËßÞ àËßÍßëÏß µßÆßËß±ßß²ß ËßÞ ßÀÐßã ~íë àËß££ßã¾ß ßàÐ£ß¾ßíëÝ ~ã àËßÆ~ã µßÀ à±ß~
136
B) Quantitative Disclosure (Rupees in Crores)
Sr No. Particulars Currency Interest Rate

Derivatives Derivatives
1 Derivatives (Notional principal Amount)
a) For Hedging 170.26 150.00
b) For Trading 0.00 0.00
2 Market to Market Positions
A. Hedging
a) Asset (+) 7.52
b) Liability(-) (-)7.52 0.86
B. Trading
a) Asset(+)
b) Liability(-)
3 Credit Exposure 14.82 0.27
4 Likely Impact of one percentage change in Interest rate (100*PV01)
a) On hedging derivatives - 0.96
b) On trading derivatives -
5 Maximum and Minimum of 100*PV01 observed during the year
a) On hedging - Max : 4.72
Min : (47.17)
b) On trading - Max : -
Min : -
Bank is having Mark to Market position of Rs.7.52 crores (Negative with counter party banks) on account of derivative deals.
All derivative deals are covered Back to Back. Hence there is no net Mark to Market Profit or Loss for the bank on outstanding
deals.
Bank is having Mark to market position of Rs. 82.60 crores for a derivative deal entered for hedging its foreign currency
exposures. Net mark to market effect for this transaction is NIL.
10.4.0 Asset Quality
10.4.1. Non-Performing Asset
(Rupees in crores)
Items 2008-09 2007-08
(i) Net NPA to Net Advances 0.18% 0.15%

(ii) Movement of NPAs (Gross)
(a) Opening Balance 372.43 397.01
(b) Additions during the year 201.32 201.52
(c) Reductions during the year 205.61 226.10
(d) Closing Balance 368.14 372.43
(iii) Movement of Net NPAs
(iv) Movement of provisions for NPAs*
* Including specific provision, floating provision and special provision and surplus on sale of financial assets to ARCs
137
10.4.2 µßä²ßßÃà×£ß Ûßß£ßíëÝ ~ß àËßËßÀ¢ß (Á. ÉßßÛßíëÝ ¼ßë)Ý

ÐßãÊãßÀ ¼ßë~ë à²ß¼ß ¼ßÐß¼ß¨Ã µßä²ßßÃ×²ß ²¾ß
µßä²ßßÃà×£ß ¼ßß²ß~ àßÆ¼ß ~à¢ß¾ßíëÝ ~ã ÐßÞÛ¾ßß 1 13672 44939
¹ß~ß¾ßß ÀßàÍß 1500.00 31572.21 126073.74
£¾ßßß (²ßë~ à½ß£ß ¼ßæÉ¾ß ¼ßëÝ ÑÅßÐß) 108.66 167.56 2024.99
µßä²ßßÃà×£ß Ëß¼ßß²ß~ àßÆ¼ß ~à¢ß¾ßíëÝ ~ã ÐßÞÛ¾ßß -- 8 60
¹ß~ß¾ßß ÀßàÍß -- 13.27 144.43
£¾ßßß (²ßë~ à½ß£ß ¼ßæÉ¾ß ¼ßëÝ ÑÅßÐß) -- 0.68 5.49
µßä²ßßÃà×£ß ÐßÞà§±ß àßÆ¼ß ~à¢ß¾ßíëÝ ~ã ÐßÞÛ¾ßß -- 26 19
¹ß~ß¾ßß ÀßàÍß -- 8.84 4.88
£¾ßßß (²ßë~ à½ß£ß ¼ßæÉ¾ß ¼ßëÝ ÑÅßÐß) -- 0.16 0.31
ä~Éß ~à¢ß¾ßíëÝ ~ã ÐßÞÛ¾ßß 1 13706 45018
¹ß~ß¾ßß ÀßàÍß 1500.00 31594.32 126223.05
£¾ßßß (²ßë~ à½ß£ß ¼ßæÉ¾ß ¼ßëÝ ÑÅßÐß) 108.66 168.40 2030.79
10.4.3 µßä²ßßÃà×£ß Ûßß£ßíëÝ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ à£ßàÀ¬£ß µßÆ~Öã~À¢ß
Æ~¼ß ÐßÞ µßÆ~Öã~À¢ß ÐßÞÛ¾ßß ÀßàÍß
1. ²ß Ûßß£ßíëÝ ë~ Ðß¹ßÞ±ß ¼ßëÝ Ìßíë àÐß£ß¼¹ßÀ 1, 2008 ~íë ¼ßß²ß~ ¦ßë, ¼ßß½ßÃ 31, 2009 ~íë µßä²ßßÃ×²ß
ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ µßÆßµ£ß ßËßë§²ßµß¥ß 58649 2430.52
2. (1) ¼ßëÝ Ðßë ²ßä¼ßíëà§£ß µßÆÐ£ßßËß ËßÞ ¼ßß½ßÃ 31,2009 £ß~ ~ß¾ßßÃà²Ëß£ß ßìÀ Ðß µßÆ~ßÀ àËßÍßëÏß
àËßà²ß¾ßß¼ß~ ÖÅãÖ¼ßëÝÖ ë~ àÉß µßß¥ß ÑìÝ ßìÀ £ßäÉß²ßµß¥ß ~ã £ßßÀãÛß ~íë ¼ßß²ß~ ßàÐ£ß ë~ Âµß ¼ßëÝ
ËßßãÃè~£ß à~¾ßë ß¾ßë Ñì. 58612 1591.46
3. (1), ¼ßëÝ Ðßë ²ßä¼ßíëà§£ß µßÆÐ£ßßËß ËßÞ ¼ßß½ßÃ 31, 2009 ~íë ~ß¾ßßÃà²Ëß£ß à~¾ßë ß¾ßë ÑìÝÃ Éßëà~²ß ¼ßß²ß~
ÎÇíë¢ßã ~íë µßßÆëÊ ²ßÑãÝ à~¾ßë ß¾ßë ÑìÝ. 0 0.00
4. (1) ¼ßëÝ ¾ßë µßÆàÆ~¾ßß/~ß¾ßßÃ²Ëß¾ß²ß ë~ Þ£ßßÃ£ß ÑìÝ Ìßíë ¼ßß½ßÃ 31, 2009 ~íë ¼ßß²ß~ ÑìÝ. 37 839.06
5. (1) ¼ßëÝ Ðßë µßÆàÆ~¾ßß/~ß¾ßßÃ²Ëß¾ß²ß ë~ Þ£ßßÃ£ß ëÑìÝ Ìßíë ¼ßß½ßÃ 31,2009 ~íë ²ßµßã Ñíë ß¾ßë ÑìÝ Éßëà~²ß
µßìë~Ìß ë~ µßæ¢ßÃ ~ß¾ßßÃ²Ëß¾ß²ß µßÀ ¼ßß²ß~ ßàÐ£ß ë~ Âµß ¼ßëÝ ÎÇíë¢ßãè~£ß ÑìÝ. 0 0.00
10.4.4 (~) ßàÐ£ß µßä²ßßÃ×²ß ë~ àÉß µßÆà£ßºßæà£ß~À¢ß/µßä²ßà²ßÃ¼ßßÃ¢ß Þ~µß²ßã ~íë ¹ßë½ßë ß¾ßë àËß££ßã¾ß ßàÐ£ß¾ßíëÝ ë~ àËßËßÀ¢ß
¼ß§ 2008-09 2007-08
Ûßß£ßíëÝ ~ã ÐßÞÛ¾ßß 1 1
ÐßÐßã/ßÀÐßã ~íë ¹ßë½ßë ß¾ßë Ûßß£ßíëÝ ~ß Ðß~Éß ¼ßæÉ¾ß (µßÆßËß±ßß²ßíëÝ ~ß à²ßËßÉß) 0.06 20.14
Ðß~Éß µßÆà£ß¶~Éß 1.35 25.88
µßæËßÃ ËßÏßÃ ¼ßëÝ Þ£ßàÀ£ß Ûßß£ßíëÝ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ µßÆßµ£ß à£ßàÀ¬£ß µßÆà£ß¶~Éß Íßæ²¾ß Íßæ²¾ß
à²ßËßÉß ¹ßÑã ¼ßæÉ¾ß µßÀ Ðß~Éß Éßßºß 1.29 5.74
(Ûß) ²¾ß ¹ßìÝ~íëÝ ~íë ¹ßë½ßë ß¾ßë ²ßÌßÃ~ àËß££ßã¾ß ßàÐ£ß¾ßíëÝ ë~ àËßËßÀ¢ß (Á. ~ÀíëñÊíë ¼ßëÝ)
Æ~¼ß ÐßÞ àËßËßÀ¢ß 2008-09 2007-08
1 ¹ßë½ßë ß¾ßë Ûßß£ßíëÝ ~ã ÐßÞÛ¾ßß Íßæ²¾ß Íßæ²¾ß
2 ä~Éß ¹ß~ß¾ßß Íßæ²¾ß Íßæ²¾ß
3 µßÆßµ£ß Ðß~Éß µßÆà£ß¶~Éß Íßæ²¾ß Íßæ²¾ß
138
10.4.2 Particulars of Accounts Restructured

(Rs. in lacs)
CDR MSME Debt Others
Mechanism Restructuring
Standard No. of Borrowers 1 13672 44939
advances Amount outstanding 1500.00 31572.21 126073.74
restructured Sacrifice (diminution in the fair value) 108.66 167.56 2024.99
Sub standard No. of Borrowers - 8 60
advances Amount outstanding - 13.27 144.43
restructured Sacrifice ( diminution in the fair value) 0.68 5.49
Doubtful No. of Borrowers 26 19
advances Amount outstanding - 8.84 4.88
restructured Sacrifice (diminution in the fair value) 0.16 0.31
TOTAL No. of Borrowers 1 13706 45018
Amount outstanding 1500.00 31594.32 126223.05
Sacrifice (diminution in the fair value) 108.66 168.40 2030.79
10.4.3 Additional disclosures regarding restructured accounts

(Rs. in crores)
S.No Disclosures Number Amount
1. Application received up to March 31, 2009 for restructuring,
in respect of accounts which were standard as on September 1, 2008. 58649 2430.52
2. Of (1), proposals approved and implemented as on March 31, 2009
and thus became eligible for special regulatory treatment and classified
as standard assets as on the date of the balance sheet. 58612 1591.46
3. Of (1), proposals approved and implemented as on March 31, 2009 but
could not be upgraded to the standard category. 0 0.00
4. Of (1), proposals under process/implementation which were standard
as on March 31, 2009. 37 839.06
5. Of (1), proposals under process/implementation which turned NPA as
on March 31, 2009 but are expected to be classified as standard assets
on full implementation of the package. 0 0.00
10.4.4 (a) Details of financial assets sold to Securitisation / Reconstruction Company for Asset Reconstruction
(Rupees in crores)
Item 2008-09 2007-08
No. of accounts 1 1
Aggregate value (net of provisions) of accounts sold to SC/ RC 0.06 20.14
Aggregate consideration 1.35 25.88
Additional consideration realized in respect of accounts transferred in earlier years NIL NIL
Aggregate gain over net book value. 1.29 5.74
(b) i) Details of non performing financial assets sold to other Banks

(Rupees in crores)
Sl. No. Particulars 2008-09 2007-08
1 No. of accounts sold NIL NIL
2 Aggregate outstanding NIL NIL
3 Aggregate consideration received NIL NIL
139
ii) ²¾ß ¹ßìÝ~íëÝ Ðßë ÛßÀã§ë ß¾ßë ²ßÌßÃ~ àËß££ßã¾ß ßàÐ£ß¾ßíëÝ ë~ àËßËßÀ¢ß
(Á. ~ÀíëñÊíë ¼ßëÝ)
Æ~¼ß ÐßÞ àËßËßÀ¢ß 2008-09 2007-08
1 ~) ËßÏßÃ ë~ §íìÀß²ß ÛßÀã§ë ß¾ßë Ûßß£ßíëÝ ~ã ÐßÞÛ¾ßß Íßæ²¾ß Íßæ²¾ß
Ûß) ¹ß~ß¾ßß ä~Éß Íßæ²¾ß Íßæ²¾ß
2 ~) àÌßÐß¼ßëÝ Ðßë Ûßß£ßíëÝ ~ã ÐßÞÛ¾ßß ËßÏßÃ ë~ §íìÀß²ß àÀÍíëÊò¾ßæÉÊ Íßæ²¾ß Íßæ²¾ß
Ûß) ¹ß~ß¾ßß ä~Éß Íßæ²¾ß Íßæ²¾ß
3 µßÆßµ£ß ä~Éß µßÆà£ß¶~Éß Íßæ²¾ß Íßæ²¾ß
10.4.5 ¼ßß²ß~ ßàÐ£ß µßÀ µßÆßËß±ßß²ß (Á. ~ÀíëñÊíë ¼ßëÝ)

àËßËßÀ¢ß 2008-09 2007-08
¼ßß²ß~ ßàÐ£ß µßÀ µßÞÆßËß±ßß²ß *193.34 150.00
* Á. 30.34 ~ÀíëÊ ~ã µßä²ßßÃà×£ß ¼ßß²ß~ ßàÐ£ß ~ß µßÆßËß±ßß²ß Íßßà¼ßÉß Ñì.
10.5.1 Ë¾ßßµßßÀ ²ßäµßß£ß
2008-09 2007-08
(i) ßìÐß£ß ª~ß¾ßÃÍßãÉß à²ßà±ß ªë~ µßÆà£ßÍß£ß ªë~ Âµß ¼ßëÝ ¹¾ßßÌß ß¾ß 8.97% 8.61%
(ii) ßìÐß£ß ª~ß¾ßÃÍßãÉß à²ßà±ß ªë~ µßÆà£ßÍß£ß ªë~ Âµß ¼ßëÝ ¹¾ßßÌßë£ßÀ ß¾ß 1.28% 1.17%
(iii) ª~ß¾ßÃÍßãÉß à²ßà±ß ªë~ µßÆà£ßÍß£ß ªë~ Âµß ¼ßëÝ µßàÀ½ßßÉß²ßß£ß Éßßºß 2.15% 2.12%
(iv) ßàÐ£ß¾ßíëÝ µßÀ µßÆà£ß}~Éß 1.09% 1.16%
(v) µßÆà£ß ª~¼ßÃ½ßßÀã Ë¾ßËßÐßß¾ß (Ìß¼ßßÀßàÍß µÉßÐß àßÆ¼ß) (Á. ÉßßÛßíëÝ ¼ßëÝ) 728.29 626.53
(vi) µßÆà£ß ª~¼ßÃ½ßßÀã Éßßºß ( Á. ÉßßÛßíëÝ ¼ßëÝ) (14255 ~¼ßÃ½ßßÀã) 4.58 4.30
10.5.2 ßàÐ£ß §ë¾ß£ßß µßÆ¹ßÞ±ß²ß
ßàÐ£ß ËßÞ §ë¾ß£ßßßëÝ ë~ ä~¿ ¼ß§ëÝ ~ß µßàÀµß¬Ëß£ßß µßìÖ²ßÃ
31.03.2009 ~íë ßàÐ£ß ËßÞ §ë¾ß£ßßßëÝ ë~ ä~¿ ¼ß§ëÝ ~ß µßàÀµß¬Ëß£ßß µßìÖ²ßÃ
1 à§²ß 2-7 8-14 15 Ðßë 29 à§²ß 3 ¼ßÑã²ßë Ðßë 6 ¼ßßÑ Ðßë 1 ËßÏßÃ Ðßë 3 ËßÏßÃ Ðßë 5 ËßÏßÃ Ðßë äÉß
à§²ß à§²ß 28 à§²ß Ðßë 3 à±ß~ ËßÞ à±ß~ ËßÞ à±ß~ ËßÞ à±ß~ ËßÞ à±ß~
¼ßÑã²ßë £ß~ 6 ¼ßßÑ £ß~ 1 ËßÏßÃ £ß~ 3 ËßÏßÃ £ß~ 5 ËßÏßÃ £ß~
Ìß¼ßß 281.90 685.53 632.00 1607.17 5395.32 10677.18 13389.46 24839.82 980.30 901.35 59390.03
~¢ß ËßÞ àßÆ¼ß 201.33 335.41 683.87 713.29 5201.44 3096.50 4738.63 17792.02 4865.21 6511.59 44139.26
à²ßËßëÍß 5.47 580.03 188.44 302.31 783.56 629.73 625.54 2444.40 1825.67 9525.96 16911.11
±ßßÀã 0.09 0.00 0.00 0.00 0.09 76.26 138.06 973.97 122.13 0.63 1311.23
àËß§ëÍßã ¼ßä§Æß ßàÐ£ß 163.25 0.77 10.76 8.65 85.25 111.39 0.00 0.00 0.00 0.00 380.07
àËß§ëÍßã ¼ßä§Æß §ë¾ß£ßß 75.86 1.81 1.29 4.10 16.87 21.96 123.24 444.83 3.70 0.00 693.66
140
ii) Details of Non performing financial assets purchased from other Banks
Sl. No. Particulars 2008-09 2007-08
1 a) No. of accounts purchased during the year NIL NIL

b) Aggregate outstanding NIL NIL
2 a) of the no. of accounts ,rescheduled during the year NIL NIL
b) Aggregate outstanding NIL NIL
3 Aggregate consideration received NIL NIL
10.4.5 Provisions on Standard Asset

(Rupees in crores)
Provisions towards Standard Assets *193.34 150.00
* including provision on restructured standard assets amounting to Rs. 30.34 crores

10.5.1 Business Ratio
(i) Interest income as percentage to average working funds 8.97% 8.61%

(ii) Non-interest income as percentage to average working funds 1.28% 1.17%
(iii) Operating profit as percentage to working funds 2.15% 2.12%
(iv) Return on assets 1.09% 1.16%
(v) Business (deposits plus advances) per employee (Rs. in lacs) 728.29 626.53
(vi) Profit per employee ( Rs. in lacs) (14255 employees) 4.58 4.30
10.5.2 Asset Liability Management

Maturity pattern of certain items of assets and liabilities
(Rupees in Crores)
Maturity pattern of certain items of Assets & Liabilities as on 31.03.2009
1 day 2-7 8-14 15 to 28 29 days Over 3 Over 6 Over 1 Over 3 Over 5 Total
days days days to 3 months months year & years & years
months & upto 6 & upto upto 3 upto 5
months 1 year years years
Deposits 281.90 685.53 632.00 1607.17 5395.32 10677.18 13389.46 24839.82 980.30 901.35 59390.03
Loans & 201.33 335.41 683.87 713.29 5201.44 3096.50 4738.63 17792.02 4865.21 6511.59 44139.26
Advances
Investments 5.47 580.03 188.44 302.31 783.56 629.73 625.54 2444.40 1825.67 9525.96 16911.11
Borrowings 0.09 0.00 0.00 0.00 0.09 76.26 138.06 973.97 122.13 0.63 1311.23
Foreign 163.25 0.77 10.76 8.65 85.25 111.39 0.00 0.00 0.00 0.00 380.07
Currency
Assets
Foreign 75.86 1.81 1.29 4.10 16.87 21.96 123.24 444.83 3.70 0.00 693.66
Currency
Liabilities
141
10.6.0 ÐßÞËßë§²ßÍßãÉß ßë¥ß ~íë ~¢ß

10.6.1. ½ßÉß ÐßÞµß§ß ÎÇí¢ë ßã ~íë ¬ÐßµßíëÌßÀ (Áµß¾ßë ~ÀíëÊíëÝ ¼ßë)Ý
àËßËßÀ¢ß 2008-09 2007-08
~) µßÆ£¾ßß ¬ÐßµßëßÌßÀ
i) ßËßßÐßã¾ß ¹ßÞ±ß~
ßËßßÐßã¾ß ÐßÞµßà££ß µßÀ ¹ßÞ±ß~íëëÝ °ßÀß ~¢ß Âµß Ðßë µßÆà£ßºßæ£ß àÌßÐß¼ßëÝ ~¢ßã ÀÑëßß ËßÞ à~Àß¾ßë µßÀ à§¾ßß ß¾ßß Ñì.
Á. 20 ÉßßÛß £ß~ 1904.70 1709.64
Á. 20 ÉßßÛß Ðßë à±ß~ 327.71 285.12
(ii) Ëßßà¢ßà¾ß~ Ð¦ßßËßÀ ÐßÞµß§ß
~ß¾ßßÃÉß¾ß ºßËß²ß, àÀÖëÉß ÌßßÑ, ¹ßÑä §ò§ëÍßã¾ß Ëßßà¢ßà¾ß~ µßàÀÐßÀ, ¹ßÑä µßàÀËßßÀ ßËßßÐßã¾ß ºßËß²ß, ¼ßÉÖã Öë²ßëÝÖëÊ
Ëßßà¢ßà¾ß~ µßàÀÐßÀ, ßì®íëàß~ ¾ßß Ëßë¾ßÀÑßÐß ÌßßÑ, ÑíëÖÉß, ºßæà¼ß à±ßßÆÑ¢ß, àËß~ßÐß ËßÞ à²ß¼ßßÃ¢ß £¾ßßà§ ).
¬ÐßµßíëÌßÀ ¼ßëÝ ßìÀ-à²ßà±ß ß±ßßàÀ£ß Ðßã¼ßßïÞ Íßßà¼ßÉß ÑìÝ. 1829.27 720.13
(iii) ¹ßÞ±ß~ ¹ßì¬Ê µßÆà£ßºßæà£ß (¼ß¹ßãÐß) ËßÞ ²¾ß µßÆà£ßºßæ£ß ¬ÐßµßíëÌßÀ
~. ßËßßÐßã¾ß 4.14 5.21
Ûß. Ëßßà¢ßà¾ß~ Ð¦ßßËßÀ ÐßÞµß§ß.
Ûß) µßÆ£¾ßß ¬ÐµßíëÌßÀ
ÀßÏÖÅã¾ß ßËßßÐß ¹ßìÝ~ (²ß½ß¹ßã) ËßÞ ßËßßÐß àËß££ß Þ~µß²ßã (½ß¶~Ðßã) µßÀ à²ßà±ß ß±ßßàÀ£ß ËßÞ ßìÀ
à²ßà±ß ß±ßßàÀ£ß ¬ÐßµßíëÌßÀ
Ûß) µßÆ£¾ßß ¬ÐµßíëÌßÀ
ÀßÏÖÅã¾ß ßËßßÐß ¹ßìÝ~ (²ß½ß¹ßã) ËßÞ ßËßßÐß àËß££ß Þ~µß²ßã (½ß¶~Ðßã) µßÀ à²ßà±ß ß±ßßàÀ£ß ËßÞ ßìÀ à²ßà±ß
ß±ßßàÀ£ß ¬ÐßµßíëÌßÀ 1607.35 2816.01
10.6.2 µßæÌÞ ßã ¹ßßÌßßÀ ~íë ¬ÐßµßëßÌßÀ (Á ~ÀíëÊíëÝ ¼ßëÝ)
¼ß§ 2008-09 2007-08
(i) ¨Ãà¬ËßÖã Íßë¾ßÀ ¼ßëÝ à~¾ßë ß¾ßë à²ßËßëÍß, 211.17 226.05
(ii) ¹ßßÞÊ/Þ~ËßàÖÃ¹ßäÉß ~¢ßµß¥ß ¼ßëÝ à²ßËßëÍß 0 0
(iii) ¨Ãà¬ËßÖã ²¼ßäÛß ¼¾ßæ¾ßäÉß ¶Þ~Ê ë~ ¾ßæà²ßÖ ¼ßëÝ à²ßËßëÍß 87.19 87.19
(iv) ¨Ãà¬ËßÖã Íßë¾ßÀ (ß¨Ãµßãßë/¨ÃÐßíîµß à¼ßÉßß~À) ¹ßßÞÊ ËßÞ ~¢ßµß¥ß, ¨Ãà¬ËßÖã ²¼ßäÛß ¼¾ßæ¾ßäÉß ¶Þ~Ê ë~ ¾ßæà²ßÖ 103.41 10.77
(v) ÐÖíî~¹ßÆßë~À ~íë µßÆà£ßºßæ£ß ßìÀ µßÆà£ßºßæ£ß àßÆ¼ß ËßÞ ÐÖíî~¹ßÆßë~À ËßÞ ¹ßßÌßßÀ ¼ßë~À ~ã ßëÀ Ðßë ÌßßÀã ßßÀÞÖã 2.33 3.25
(vi) ËßëÝ½ßÀ ì~àµßÖÉß ¶Þ~Ê ¼ßëÝ à²ßËßëÍß 89.40 80.06
µßæÞÌßã ¹ßßÌßßÀ ~íë ä~Éß ¬ÐßµßíëÌßÀ (i+ii+iii+iv+v) 493.50 407.32
µß¾ßäÃ¬£ß (vii) ¼ßëÝ Ðßë (v) Ðßë ¼ßßàÌßÃ²ß ÖÅëâÊß ë~ àÉß ÐÖíî~¹ßÆíë~À ~íë à§¾ßß ß¾ßß àËß££ßµßíëÏß¢ß. 0 0
10.6.3 ÌßíëàÛß¼ß ÎÇí¢ë ßã ËßßÀ §ëÍßã ¬ÐßµßíëÌßÀ (Á. ~ÀíëñÊíëÝ ¼ßëÝ)
ÌßíëàÛß¼ß ÎÇí¢ë ßã* ¼ßß½ßÃ 31, 2009 ~íë ¼ßß½ßÃ 31, 2008 ~íë
¬ÐßµßíëÌßÀ (à²ßËßÉß) ÀÛßß ß¾ßß µßÆßËß±ßß²ß ¬ÐßµßíëÌßÀ à²ßËßÉß ¬ÐßµßíëÌßÀ (à²ßËßÉß)
²ßß¢¾ß 501.46 Íßæ²¾ß 1782.71 Íßæ²¾ß
~¼ß 475.97 Íßæ²¾ß 1426.16 Íßæ²¾ß
Ðßß¼ßß²¾ß 29.20 Íßæ²¾ß 356.54 Íßæ²¾ß
½ß 3.85 Íßæ²¾ß 178.27 Íßæ²¾ß
à£ß ½ß 0.27 Íßæ²¾ß 17.83 Íßæ²¾ß
µßÆà£ß¹ßÞà±ß£ß 0.00 Íßæ²¾ß 17.83 Íßæ²¾ß
ßî¶~ Æë~àÊÖ 0.00 Íßæ²¾ß 17.83 Íßæ²¾ß
142
10.6.0 Lending to Sensitive Sector

10.6.1. Exposure to Real Estate Sector Category (Rupees in Crores)
a) Direct exposure
i) Residential Mortgages
Lendings fully secured by mortgages on residential property that is or will be occupied
by the borrower or that is rented;
- Upto 20 Lakhs 1904.70 1709.64
- Above 20 Lakhs 327.71 285.12
(ii) Commercial Real Estate
Lendings (including non- fund based limits) secured by mortgages on commercial real
estates viz (office buildings, retail space, multi-purpose commercial premises, multi-family
residential buildings, multi-tenanted commercial premises, hospital, rural godown and
educational institutions, industrial or warehouse space, hotels, land acquisition,
development and construction, etc.) 1829.27 720.13
iii) Investments in Mortgage Backed Securities (MBS) and other securitised exposures
a. Residential, 4.14 5.21
b. Commercial Real Estate.
b) Indirect Exposure
Fund based and non-fund based exposures on National Housing Bank (NHB) and
Housing Finance Companies (HFCs) 1607.35 2816.01
10.6.2 Exposure to Capital Market

(Rs. in crores)
Items 2008-09 2007-08
(i) investments made in equity shares 211.17 226.05
(ii) investments in bonds/ convertible debentures 0 0
(iii) investments in units of equityoriented mutual funds 87.19 87.19
(iv) advances against shares to individuals for investment in equity shares
(including IPOs/ESOPS), bonds and debentures, units of equity oriented mutual funds 103.41 10.77
(v) secured and unsecured advances to stockbrokers and guarantees issued on 2.33 3.25
behalf of stockbrokers and market makers.
(vi) Investments in Venture Capital Funds 89.40 80.06
(vii) Total Exposure to Capital Market 493.50 407.32
(i+ii+iii+iv+v+vi)
(v) of (vii) above, the total finance extended to stock brokers for margin trading. 0 0
10.6.3 Risk Category wise Country Exposure (Rupees in crores)

Risk Category* As at March 31, 2009 As at March 31, 2008
Exposure (net) held Provision held Exposure (net) Provision held
Insignificant 501.46 NIL 1782.71 NIL
Low 475.97 NIL 1426.16 NIL
Moderate 29.20 NIL 356.54 NIL
High 3.85 NIL 178.27 NIL
Very High 0.27 NIL 17.83 NIL
Restricted 0.00 NIL 17.83 NIL
Off-credit 0.00 NIL 17.83 NIL
143
10.6.4. ¹ßìÝ ~ °ßÀß à£ßÆ~à¼ß£ß àÐÞßßÉß ±ßßÀ~£ßßÃ Ðßã¼ßß (ÐßÌßãÉß) ßÆµä ß ±ßßÀ~£ßßÃ Ðßã¼ßß (Ìßã¹ßãÉß)
±ßßÀ~£ßßÃ ~ß ²ßß¼ß ¬ÐßµßíëÌßÀ ¼ßÞÌßæÀ Ðßã¼ßß Ëßà±ß àÌßÐßë~ §íìÀß²ß Ëßà±ß ë~ §íìÀß²ß
ÐßãâÉßß Ðßã¼ßß ~ß à£ßÆ~¼ß¢ß ¹ß~ß¾ßß ÀßàÍß
Ñäß
¼ßëÐßÐßÃ Éßß¨ÃÐßã ÑßâÐßß ¶~ß²ßìÝÐß àÉß. 633.20 884.75 28.02.2009 Ðßë 856.71
31.03.2009
²¶Æ~ßÐÖÅ¬½ßÀ ÊëËßÉßµß¼ßëÝÖ ¶~ß²ßìÝÐß Þ~µß²ßã àÉßà¼ßÖëÊ 633.20 700.00 13.3.2009 Ðßë 719.59
31.03.2009
¹ßìÝ~ ²ßë à~Ðßã ºßã ßÆäµß Ûßß£ßëßÞ ¼ßëÝ ßÆäµß ËßßÀ ~ÐßËßíëÌßÀ µßÀ ÐßãàÉßÞß ~íë µßßÀ ²ßÑãÝ à~¾ßß Ñì.
10.7 ËßÏßÃ ë~ §íìÀß²ß ß¾ß ~À ë~ àÉß à~¾ßë ß¾ßë µßÆßËß±ßß²ß ~ã ÀßàÍß; (Á. ~ÀíëñÊíëÝ ¼ßëÝ)
2008-09 2007-08
ß¾ß ~À Ñë£ßä µßÆßËß±ßß²ß 220.00 333.00
²ßäÏßÞßã Éßßºß ~À ËßÞ ÐßÞµßà££ß ~À 6.52 6.53
ßÐ¦ßàß£ß ~À 18.48 2.47
10.8 ºßßàÀ¹ßìÝ ~ °ßÀß Éßßß¾ßë ß¾ßë §ÞÊ

¼ßß½ßÃ 2009 ë~ Þ£ß ë~ ËßÏßÃ ë~ §íìÀß²ß ºßßàÀ¹ßìÞ~ °ßÀß ~íë¨Ã §ÞÊ ²ßÑãÝ Éßßß¾ßß ß¾ßß.
144
10.6.4. Details of Single Borrower Limit (SGL), Group Borrower Limit (GBL) exceeded by the bank.
(Rupees in crores)
Name of the borrower Exposure Limit Period during Maximum

ceiling sanctioned which limit Amount
exceeded outstanding
during the period
LIC Housing Finance Ltd 633.20 884.75 28.02.2009 to 856.71

31.03.2009
Infrastructure Development Finance 633.20 700.00 13.3.2009 to 719.59

Company Ltd. 31.03.2009
The bank has not exceeded the ceiling for Group wise exposures in any of the Group accounts.
10.7. Amount of Provisions for Income-tax for the year
(Rupees in crores)
2008-09 2007-08
Provision for Income Tax 220.00 333.00
Fringe Benefit Tax & Wealth tax 6.52 6.53
Deferred Tax 18.48 2.47
10.8. Penalties imposed by RBI
During the year ended March 2009, no penalty has been levied by RBI.
145
11. Ðßëß¼ßëÝÖ àÀµßëßàÖÄß (Ðß 17)

ºßßß : Ë¾ßßµßßÀ Ðßëß¼ßëÖÝ (Áµß¾ßë ~ÀíëÊíëÝ ¼ßë)Ý
Ðßëß¼ßëÖÝ ËßßÀ µßàÀ¢ßß¼ß
ºßßß Ë¾ßßµßßÀ Ðßëß¼ßëÖÝ 31.03.2009 ë~ 31.03.2008
ËßÏßßÄ£ß ë~ àÉß ËßÏßßÄ£ß ë~ àÉß
1 Ðßëß¼ßëÖÝ ÀßÌßÐËß
(~) ÀßÌß~íëÏß 1295.37 1177.18
(Ûß) ~ßµßíëÃÀëÖ/ ¦ßíë~ ¹ßìÝâ~ß 1962.61 1344.82
(ß) àÀÖëÉß ¹ßìÝâ~ß 2468.60 2008.52
(³ß)²¾ß ¹ßìÝâ~ß µßàÀ½ßßÉß²ß 413.42 305.51
ä~Éß 6140.00 4836.03
~¼ß: ÞÖÀ Ðßëß¼ßëÝÞÖ ÀßÌßÐËß 0.00 0.00
µßàÀ½ßßÉß²ß Ðßë ß¾ß 6140.00 4836.03
2 µßÆßËß±ßß²ß ë~ ¹ßß§ Ðßëß¼ßëÖÝ µßàÀ¢ßß¼ß ËßÞ ~À µßæËßÃ
(~) ÀßÌß~íëÏß 102.58 229.91
(ß) àÀÖëÉß ¹ßìÝâ~ß 600.97 449.68
ä~Éß 1288.03 1056.94
~¼ß: ²¾ß ²ßß¹ßÞàÖ£ß Ë¾ß¾ß 389.98 139.37
ä~Éß ~ÀµßæËßÃ Éßßºß 898.05 917.57
ß¾ß~À ËßÞ ²¾ß µßÆ§££ß ~À 245.00 342.00
à²ßËßÉß Éßßºß 653.05 575.57
3 Ðßëß¼ßëÖÝ ßàÐ£ß¾ßíïÞ
(~) ÀßÌß~íëÏß 16911.11 14898.24
(ß) àÀÖëÉß ¹ßìÝâ~ß 19203.14 17698.91
Ê.) ²ßß¹ßÞàÖ£ß ßàÐ£ß¾ßíïÞ 7418.83 6657.20
ä~Éß ßàÐ£ß¾ßíïÞ 68469.21 56592.39
4 Ðßëß¼ßëÖÝ §ë¾ß£ßßïÞ
(~) ÀßÌß~íëÏß 524.57
(ß) àÀÖëÉß ¹ßìÝâ~ß 47020.39 35647.25
Ê.) ²ßß¹ßÞàÖ£ß ßàÐ£ß¾ßíïÞ 5430.12 2925.29
ä~Éß 64822.22 53343.10
µßæÞÌßã ËßÞ µßÆßÀàßà£ß¾ßíïÞ 3646.99 3249.29
ä~Éß §ë¾ß£ßßïÞ 68469.21 56592.39
(µßÆ¹ßÞ±ß²ß °ßÀß ÐßÞ~àÉß£ß ËßÞ ÉßëÛßßµßÀãß~íëÝ °ßÀß àËßÍËßßÐß ¼ßëÝ àÉß¾ßß ß¾ßß)~
ËßÏßÃ ë~ §íìÀß²ß Ðßã¹ßãÐß ~íë ¼ßßßÆëÍß²ß ë~ µßàÀ¢ßß¼ßÐËßÂµß ÊßÖß ÐßÞ~Éß²ß ~íë ÐÖëà¹ßÉßßÌß à~¾ßß Ìßß²ßß Ñì, Ðßëß¼ßëÝÖ àÀµßëßâÖÃß µßÀ ºßàÀ¹ßìÝ~ °ßÀß ÌßßÀã ÐßÞÍßßëà±ß£ß
¼ßß²ß§ÞÊíëÝ ë~ ²ßäÐßßÀ Ðßëß¼ßëÝÖ àÀµßíëÖÃ ßÆÐßãß¨Ã °ßÀß ÌßßÀã Ðß 17 ë~ Ðßëß¼ßëÝÖ àÀµßëßàÖÄß ë~ ²ßäÐßßÀ µßà×£ß Ñì ßìÀ Ëßë ¹ßëÐßÉß II ¶Æë~¼ßËßÃ~ ë~ àÉß µßÉß¹±ß
Àë~ßÊÃ/Ìßß²ß~ßÀã ë~ ß±ßßÀ µßÀ Ñì.
ºßßß ¹ßã: ºßíìßíëàÉß~ Ðßëß¼ßëÝÖ.
~ Ñã Ðßëß¼ßëÝÖ, ¾ßß²ßã ßÀëÉßæ Ðßëß¼ßëÝÖ Ñì.
146
11. SEGMENT REPORTING (AS 17)

Part A: Business segments (Rupees in crores)
Segmentwise Results
Part A Business Segments For the Year Ended For the Year Ended
31.03.2009 31.03.2008
1 Segment Revenue
(a) Treasury 1295.37 1177.18
(b) Corporate/Wholesale Banking 1962.61 1344.82
(c) Retail Banking 2468.60 2008.52
(d) Other Banking Operations 413.42 305.51
Total 6140.00 4836.03
Less: Inter Segment Revenue 0 0
Income from Operations 6140.00 4836.03
2 Segment Results After Provisions & Before Tax
(a) Treasury 102.58 229.91
Total 1288.03 1056.94
Less :
(i) Other Un-allocable Expenditure 389.98 139.37
Total Profit Before Tax 898.05 917.57
Income Tax and other taxes paid 245.00 342.00
Net Profit 653.05 575.57
3 Segment Assets
(a) Treasury 16911.11 14898.24
(c) Retail Banking 19203.14 17698.91
(d) Other Banking Business 832.80 798.56
(e)Unallocated Assets 7418.83 6657.20
Total Assets 68469.21 56592.39
4 Segment Liabilities
(a) Treasury 524.57
(c) Retail Banking 47020.39 35647.25
(e) Unallocable Liabilities 5430.12 2925.29
Total 64822.22 53343.10
Capital & Reserves 3646.99 3249.29
Total Liabilities 68469.21 56592.39
(Compiled by Management and relied upon by the Auditors)
As the system of data compilation is yet to be stabilized consequent to migration to CBS during the year , the disclosure
made in the Segment Report as per the revised norms issued by RBI on Segment Reporting read with AS-17 issued by
ICAI are based on the records/ information available for BASEL-II frame work
Part B: Geographic segments.
There is only one segment i.e. Domestic Segment
147
12. ÐßÞ¹ßÞà±ß£ß µßßÖãÃ µßÆ~Ö²ß (Ðß 18)

ºßßÀ£ßã¾ß Ðß²ß§ã ÉßëÛßß~ßÀ ÐßÞÐ¦ßß²ß °ßÀß ÌßßÀãè~£ß ÉßëÛßß¼ßß²ß 18 ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ, ÌßßÀãè~£ß µßàÀµß¥ß ÐßÞ. Êã¹ßãßëÊã ²ßÞ ¹ßãµßã.¹ßãÐßã.72/21.04.018/2002-
03 à§²ßßÞ~ 25.02.2003 ë~ ²ßäÐßßÀ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ àÐß«ßÞ£ßíëÝ ë~ ²ßäµßßÉß²ß ¼ßëÝë ÐßÞ¹ßÞà±ß£ß µßßÖãÃ µßÆ~Ö²ß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ àËßËßÀ¢ß à²ß¼²ß µßÆ~ßÀ Ñì :
(ÀßàÍß Áµß¾ßíëÝ ¼ßë.Ý )
~¼ß ÐßÞ ²ßß¼ß Ðß¹ßÞ±ß Éßë²ß§ë²ß ~ã µßÆ~è à£ß 2008-09 2007-08
1 ÎÇßã ßÀ. Ðß.ÀëÊòÊã ±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍß~
(02.08.2008 Ðßë) µßßàÀÎÇßà¼ß~ 569769 0.00
2 ÎÇßã à²ßÉß àßÀíë¥ßß ~ß¾ßÃµßßÉß~ à²ß§ëÍß~
(17.05.2008 Ðßë) µßßàÀÎÇßà¼ß~ 589170 0.00
3 Êíî. ë~ Àß¼ßè~Ï¢ß²ß ºßæ£ßµßæËßÃ ±¾ßß ËßÞ µß¹ßÞ±ß à²ß§ëÍß~
(31.07.2008 £ß~) µßßàÀÎÇßà¼ß~ 964466 1545897
4 ÎÇßã ~É¾ßß¢ß ¼ßäÛßÌßãÃ ºßæ£ßµßæËßÃ ~ß¾ßÃµßßÉß~ à²ß§ëÍß~
(30.04.2008 £ß~) µßßàÀÎÇßà¼ß~ 621295 1295828
¹ßìÝ~ ë~ £ß¦ßß ²ßë~ ²ßäÏßÞàß¾ßíëÝ ß²±ßÆß ¹ßìÞ~ ¶~ß²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß àÉßà¼ßÖëÊ ËßÞ µßÆß¾ßíëàÌß£ß ßë¥ßã¾ß ßÆß¼ßã¢ß ¹ßìÞ~ ¾ß¦ßß : ½ßì£ß²¾ß ßíë§ßËßÀã ßÆß¼ßã¢ß ¹ßìÝ~,
~àÏßä~É¾ßß ßÆß¼¾ß ¹ßìÝ~ ÐßÞ¹ßÞà±ß£ß µßßÖãÃ µßÆ~Ö²ß ë~ àËßËßÀ¢ß ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ °ßÀß §ã ß¾ßã ¿æÖ ë~ ~ßÀ¢ß µßÆÐ£ßä£ß ²ßÑãÝ à~¾ßë ß¾ßë ÑìÝ.
13. µßÆßËß±ßß²ß ËßÞ ß~àÐ¼ß£ßßïÞ (Áµß¾ßë ~ÀíëÊíëÝ ¼ßë)Ý
Éßßºß ËßÞ Ñßà²ß ÉßëÛßë ¼ßëÝ Ë¾ß¾ß ë~ ÍßãÏßÃ ë~ Þ£ßßÃ£ß §ÍßßÃ¾ßë ß¾ßë µßÆßËß±ßß²ß ËßÞ ß~àÐ¼ß~£ßßë~ÞÝ ~ß ¹ßÆë ~µß 2008-09 2007-08
(i) à²ßËßëÍß ë~ ¼ßæÉ¾ß ¼ßëÝ ¼ßæÉ¾ßÑÅßÐß 181.96 12.17

(ii) ²ßÌßÃ~ ßàÐ£ß¾ßíïÞ (à£ßàÀ¬£ß ¶~òÉßëßâÖß µßÆßËß±ßß²ß à¼ßÉßß~À) 170.13 92.33
(iii) ¼ßß²ß~ ßàÐ£ß¾ßíïÞ 13.00 25.00
(iv) ~À 226.52 339.53
(v) ßÐ¦ßàß£ß ~À 18.48 2.47
(vi) ßàÐ£ß µßä²ßßÃ×²ß Þ~µß²ßã ~íë ¹ßë½ßë ß¾ßë ßàÐ£ß¾ßíëÝ ë~ àÉß µßÆßËß±ßß²ß 1.04 5.73
(vi) ²¾ß µßÆßËß±ßß²ß ËßÞ ß~àÐ¼ß~£ßßïÞ:
~) µßä²ßßÃà×£ß àßÆ¼ß 21.37 Íßæ²¾ß
Ûß) ²¾ß µßÆßËß±ßß²ß 2.48 3.54
ä~Éß 634.98 481.37
148
12. RELATED PARTY DISCLOSURES (AS 18)

In compliance of Reserve Bank of India guidelines issued vide their circular No.DBOD.No.BP.BC.72/21.04.018/2002-03
dt.25.02.2003 in respect of Accounting Standard 18 issued by the Institute of Chartered Accountants of India the details
pertaining to Related Parties are as under :-
(Amount in Rs.)
Sl. No Name Relationship Nature of 2008-09 2007-08

transaction
1 Sri. R.S.Reddy Chairman & Managing Remuneration 569769 0.00

Director
(From 02.08.2008)
2 Sri. Anil Girotra Executive Director Remuneration 589170 0.00
(From 17.05.2008)
3 Dr.K.Ramakrishnan Ex-Chairman & Remuneration 964466 1545897

Managing Director
(up to 31.07.2008)
4 Sri Kalyan Mukherjee Ex-Executive Director Remuneration 621295 1295828

(up to 30.04.2008)
The details of related party disclosures of the bank with its subsidiary Andhra Bank Financial Services Limited and the
sponsored Regional Rural Banks viz., Chaitanya Godavari Grameena Bank, and Rushikulya Gramya Bank are not furnished
in view of the exemption given by the Reserve Bank of India.
13. PROVISIONS AND CONTINGENCIES (Rupees in crores)
Breakup of Provisions and Contingencies shown under the 2008-09 2007-08

head Expenditure in Profit and Loss Account
(i) Depreciation in value of Investments 181.96 12.17
(ii) Non Performing Assets (including additional floating provision) 170.13 92.33
(iii) Standard Assets 13.00 25.00
(iv) Taxes 226.52 339.53
(v) Deferred Tax 18.48 2.47
(vi) Provision for Assets sold to Asset Restructuring Companies 1.04 5.73
(vi) Other provisions and contingencies:
a) Restructured advances 21.37 NIL
b) Other provisions 2.48 3.54
TOTAL 634.98 481.37
149
14. ¸ÉßíëâÖß µßÆßËß±ßß²ß (Á. ~ÀíëñÊíë ¼ßëÝ)

àËßËßÀ¢ß 2008-09 2007-08
µßÆßÀÞàºß~ ÍßëÏß 167.47 167.47
ËßÏßÃ ë~ §íìÀß²ß ÌßíëÊ -- 0.00
ËßÏßÃ ë~ §íìÀß²ß ~¼ßã ( µßÆ¾ßíëÌß²ß ËßÞ ß ÊÅßÊß²ß ~ã ß¾ßã ÀßàÍß) *117.62 0.00
Þà£ß¼ß ÍßëÏß 49.85 167.47
*è~àÏß ~¢ß ÀßÑ£ß ËßÞ ~¢ß ÀßÑ£ß ¾ßíëÌß²ßß 2008 ë~ ¼ßßßÃ§ÍßãÆ àÐß«ßÞ£ßíëÝ ë~ ²ßäÐßßÀ µß¾ßíëß à~¾ßß ß¾ßß
15. µßÆà£ß Íßë¾ßÀ µßßÌßÃ²ß (Á. 10/- µßÆ£¾ßë~ ~ß Þà~£ß ¼ßæÉ¾ß)
àËßËßÀ¢ß 2008-09 2007-08
¼ßæÉß ¨ÃµßãÐß (Á) 13.46 11.87
ÊßÉ¾ßæÖëÊ ¨ÃµßãÐß (Á.) 13.46 11.87
¼ßæÉß ¨ÃµßãÐß ~ß µßàÀ~Éß²ß
à²ßËßÉß Éßßºß (Á ~ÀíëÊíëÝ ¼ßëÝ) Ðßß±ßßÀ¢ß ¼ß§íëÝ ~íë ¿íëÊ~À, ~À ~íë ~¼ß ~À) 653.05 575.57
Íßë¾ßÀíëÝ ~ã à±ßºßßàÀ£ßß ßìÐß£ß (~ÀíëÊíëÝ ¼ßëÝ) 48.50 48.50
µßÆà£ß Íßë¾ßÀ ¼ßæÉß ÌßÃ²ß (Á) 13.46 11.87
16. ~¼ßÃ½ßßÀã Éßßºß
i) ÀíëÌßßßÀíëµßÀßÞ£ß Éßßºß ËßÞ §ã³ßßÃËßà±ß ~¼ßÃ½ßßÀã Éßßºß ~ã ÐßßÀßÞàÍß£ß àÐ¦ßà£ß ºßßÀ£ßã¾ß Ðß²ß§ã ÉßëÛßß~ßÀ ÐßÞÐ¦ßß²ß °ßÀß ÌßßÀã ÉßëÛßß¼ßß²ß- 15 (ÐßÞÍßíëà±ß£ß) ë~
²ßäÐßßÀ Éßßºß ËßÞ Ñßà²ß ÉßëÛßß ËßÞ £ßäÉß²ßµß¥ß ¼ßëÝ à²ß¼ß²ßäÐßßÀ ¼ßß²¾ß£ßß §ã ß¾ßã Ñì.
ii) (~) ¹ßß±¾ß£ßßßë ë~ Ëß£ßÃ¼ßß²ß ¼ßæÉ¾ß ¼ßëÝ µßàÀËß£ßÃ²ß:
(Á ~ÀíëÊíëÝ ¼ßëÝ)
µßëÝÍß²ß ßÆë½ßäÖã ¿äÖÖò ã ²ß~§ã~À¢ß
(à²ßà±ß¾ßä¬£ß) (à²ßà±ß¾ßä¬£ß) (à²ßà±ß¾ßä¬£ß)
ËßÏßÃ ë~ µßÆßÀÞºß ¼ßëÝ ¹ßß±¾ß£ßß ~ß ¼ßæÉ¾ß 704.38 299.55 149.56
¹¾ßßÌß Éßßß£ß 56.35 23.96 11.96
Ëß£ßÃ¼ßß²ß ÐßëËßß Éßßß£ß 57.40 12.85 24.82
µßÆ§££ß Éßßºß (31.71) (9.21) (10.71)
¹ßß±¾ß£ßßíëÝ µßÀ ¹ßã¼ßßÞà~~ Ñßà²ß (Éßßºß) (17.86) (9.11) (2.49)
ËßÏßÃ ë~ Þ£ß ¼ßëÝ Ëß£ßÃ¼ßß²ß ¼ßæÉ¾ß 768.56 318.04 173.14
(Ûß) ¾ßíëÌß²ßß ßàÐ£ß ë~ à½ß£ß ¼ßæÉ¾ß ¼ßëÝ µßàÀËß£ßÃ²ß: (Á ~ÀíëÊíëÝ ¼ßëÝ)
ËßÏßÃ ë~ µßÆßÀÞºß ¼ßëÝ ¾ßíëÌß²ßß ßàÐ£ß ~ß à½ß£ß ¼ßæÉ¾ß 440.49 295.18 148.36
¾ßíëÌß²ßß àßÐ£ß µßÀ µßÆ£¾ßßàÍß£ß µßÆà£ß¶~Éß 53.89 28.54 12.49
~¼ßÃ½ßßÀã ~ß ¾ßíëß§ß²ß 299.14 14.77 24.55
µßÆ§££ß Éßßºß (31.71) (9.21) (10.71)
¹ßß±¾ß£ßßßëÝ µßÀ ¹ßã¼ßßÞà~~ Ñßà²ß (Éßßºß) (6.75) --- ---
ËßÏßÃ ë~ Þ£ß ¼ßëÝ ¾ßíëÌß²ßß ßàÐ£ß ~ß à½ß£ß ¼ßæÉ¾ß 768.56 329.29 174.69
150
14. FLOATING PROVISIONS

(Rupees in crores)
Opening balance 167.47 167.47
Additions during the year 0.00
Reduction during the year ( Purpose and amount drawdown made) *117.62 0.00
Closing balance 49.85 167.47
*utilized as per RBI guidelines on Agriculture Debt waiver and Debt Relief Scheme - 2008
15. EARNING PER SHARE (Face Value RS.10/- each)

Basic EPS (Rs) 13.46 11.87
Diluted EPS (Rs) 13.46 11.87
Calculation of Basic E P S
Net Profit (Rs. In crores) (excluding extra ordinary items, net of taxes) 653.05 575.57
Weighted Average No. of Shares (in crores) 48.50 48.50
Basic Earning per Share (Rs) 13.46 11.87
16. EMPLOYEES BENEFITS

i) The summarized position of Post-employment benefits and long term employee benefits recognized in the Profit & Loss
Account and Balance Sheet as required in accordance with Accounting Standard 15 (Revised) issued by the Institute of
Chartered Accountants of India are as under:-
ii) (a) Changes in the present value of the obligations:

(Rs. in crores)
PENSION GRATUITY LEAVE ENCASHMENT
(Funded) (Funded) (Funded)
Present Value of Obligation as at the beginning 704.38 299.55 149.56
of the year
Interest Cost 56.35 23.96 11.96
Current Service Cost 57.40 12.85 24.82
Benefits Paid (31.71) (9.21) (10.71)
Actuarial loss/(gain) on Obligations (17.86) (9.11) (2.49)
Present Value of Obligation at year end 768.56 318.04 173.14
(b) Change in Fair Value of Plan Asset:

(Rs. in crores)
PENSION GRATUITY LEAVE
(Funded) (Funded) ENCASHMENT
(Funded)
Fair Value of Plan Assets at the beginning of the year 440.49 295.18 148.36
Expected return on Plan Assets 53.89 28.54 12.49
Employers contribution 299.14 14.77 24.55
Benefit Paid (31.71) (9.21) (10.71)
Actuarial loss/(gain) on Obligations (6.75)
Fair Value of Plan Asset at the end of the year 768.56 329.29 174.69
151
(ß) £ßäÉß²ßµß¥ß ¼ßëÝ ¼ßß²¾ß£ßß §ã ß¾ßã ÀßàÍß: (Á ~ÀíëÊíëÝ ¼ßëÝ)

µßëÍÝ ß²ß ßÆë½ßäÖã ¿äÖòÖã ²ß~§ã~À¢ß
ËßÏßÃ ~ã Ðß¼ßßàµ£ß ~íë ²ßä¼ßßà²ß£ß Ëß£ßÃ¼ßß²ß ¼ßæÉ¾ß 768.56 318.04 173.14
ËßÏßÃ ~ã Ðß¼ßßàµ£ß ~íë µÉßß²ß ßàÐ£ß¾ßíëÝ ~ß à½ß£ß ¼ßæÉ¾ß 768.56 329.29 174.69
£ßäÉß²ßµß¥ß ¼ßëÝ à²ßËßÉß §ë¾ß£ßß - - -
(³ß) Éßßºß ËßÞ Ñßà²ß ¼ßëÝ ¼ßß²¾ß£ßß µßÆßµ£ß Ë¾ß¾ß (Á ~ÀíëÊíëÝ ¼ßëÝ)
µßëÍÝ ß²ß ßÆë½ßäÖã ¿äÖòÖã ²ß~§ã~À¢ß
Ëß£ßÃ¼ßß²ß ÐßëËßß Éßßß£ß 57.40 12.86 24.82
¹¾ßßÌß Éßßß£ß 56.35 23.96 11.96
¾ßíëÌß²ßß ßàÐ£ß µßÀ µßÆ£¾ßßàÍß£ß µßÆà£ß¶~Éß (49.20) (28.54) (12.49)
ËßÏßÃ ¼ßëÝ ¼ßß²¾ß£ßß §ã ß¾ßã ¹ßã¼ßßÞà~~ (Éßßºß/Ñßà²ß) (22.55) (9.11) (10.54)
Éßßºß ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ ¼ßß²¾ß£ßß §ã ß¾ßã 42.00 (0.83) 13.75
(Ê.) µßëÍÝ ß²ß à²ßà±ß ²¾ßßÐß ë~ à²ßËßëÍß àËßËßÀ¢ß (Á ~ÀíëÊíëÝ ¼ßëÝ)
ëÝ~§Æ ÐßÀ~ßÀ µßÆà£ßºßæà£ß 168.80
Àß¾ß ÐßÀ~ßÀ µßÆà£ßºßæà£ß 112.90
ÐßßËßÃÌßà²ß~ ßë¥ßß ë~ µßÆ~¼ßíëÝ ¼ßëÝ à²ßËßëÍß 438.91
²¾ß à²ßËßëÍß 36.26
¹ßìÝ~ ÍßëÏß 11.69
ä~Éß 768.56
(½ß) £ßäÉß²ßµß¥ß ~ã £ßßÀãÛß ~íë ¼ßæÉß ¹ßã¼ßßÞà~~ ²ßä¼ßß²ß (à±ßºßßàÀ£ß ßìÐß£ß ¼ßëÝ àÉÉßàÛß£ß)
¹ßÖòÖß §À 8% 8% 8%
¾ßíëÌß²ßß ßàÐ£ß µßÀ µßÆà£ß¶~Éß ~ß µßÆ£¾ßßàÍß£ß §À 8.5% 9.55% 9.55%
Ëßë£ß²ßËßèà« ~ß µßÆ£¾ßßàÍß£ß §À 5.5% 4% 6%
µßÆ¾ßíëß ~ã ß¾ßã µß«à£ß ²ßä¼ßßà²ß£ß ²ßä¼ßßà²ß£ß ¾ßæà²ßÖ ²ßä¼ßßà²ß£ß ¾ßæà²ßÖ
¾ßæà²ßÖ ~¢ß ~¢ß ~¢ß
ºßàËßÏ¾ß ¼ßëÝ Ëßë£ß²ßËßèà« ~ß ²ßä¼ßß²ß ËßßÐ£ßàËß~ ¼ßæÉ¾ßßÞ~²ß, ¼ßä§ÆßÐ¶~ãà£ß µßÀ, ËßàÀÏ×£ßß, µß§íë²²ßà£ß ËßÞ ²¾ß ÐßÞ¹ßÞà±ß£ß ³ßÖ~ ÌßìÐßëë ~¼ßÃ½ßßÀã ¹ßßÌßßÀ ¼ßëÝ Ñíë²ßë ËßßÉßã
ßµßæà£ßÃ ËßÞ ¼ßßÞß µßÀ àËß½ßßÀ à~¾ßß ß¾ßß Ñì.
µßàÀ~Éß²ß ë~ àÉß à²ß¼²ß µßÆ~ßÀ àËß££ßã¾ß ²ßä¼ßß²ß àËß½ßßÀ à~¾ßë Ìßß£ßë ÑìÝ
¹ßÖòÖß §À: ¹ßÖòÖß §À ¼ßæÉ¾ßßÞ~²ß ~ã £ßßÀãÛß ~íë ÐßÀ~ßÀã ¹ßßÞÊíë µßÀ ¹ßßÌßßÀ ß¾ß ~íë §ëÛß~À ½ßä²ßã ß¾ßã Ñì.
ß¾ß ~ã µßÆ£¾ßßàÍß£ß §À : µßëÝÍß²ß ËßÞ ¿äÖòÖã ²ß~§ã~À¢ß ë~ ¼ßß¼ßÉßë ¼ßëÝ, ß¾ß ~ã µßÆ£¾ßßàÍß£ß §À ÐßÀ~ßÀã ¹ßßÞÊíëÝ µßÀ ß¾ß ë~ ß±ßßÀ µßÀ Éßã ß¾ßã Ñì. µß§ß²ß
ë~ ¼ßß¼ßÉßë ¼ßëÝ, ËßßÐ£ßàËß~ ß¾ß Éßã ß¾ßã Ñì.
Ëßë£ß²ßËßèà«: ¹ßìÝ~ °ßÀß à§¾ßë ß¾ßë àËßß£ß ÊßÖß ë~ ß±ßßÀ µßÀ
152
(c) Amount recognized in Balance Sheet: (Rs. in crores)

(Funded)
Estimated Present value of obligations as at the
end of the year 768.56 318.04 173.14
Fair value of Plan Assets as at the end of the year 768.56 329.29 174.69
Net Liability recognized in Balance Sheet - -
(d) Expenses Recognized in Profit & Loss: (Rs. in crores)

(Funded)
Current Service Cost 57.40 12.86 24.82
Interest Cost 56.35 23.96 11.96
Expected return on Plan Asset (49.20) (28.54) (12.49)
Net Actuarial (Gain)/Loss recognized in the year (22.55) (9.11) (10.54)
Total expenses recognized in Profit & Loss Account 42.00 (0.83) 13.75
(e) Investment details of Pension Fund Trust:

(Rs. In Crores)
Central Government Securities 168.80
State Government Securities 112.90
Investment in PSU 438.91
Other Investments 36.26
Bank Balance 11.69
Total 768.56
(f) Principal actuarial assumption at the Balance Sheet Date (expressed as weighted average):
(Funded)
Discount Rate 8% 8% 8%
Expected rate of return on Plan Assets 8.5% 9.55% 9.55%
Expected Rate of Salary Increase 5.5% 4% 6%
Method used Projected Projected Projected
unit credit unit credit unit credit
The estimate of future salary increase, considered in actuarial valuation, takes into account the inflation, seniority, promotion
and other relevant factors, such as supply and demand in employee market.
(g) The financial assumptions considered for the calculations are as under:-
Discount Rate:- The discount rate has been chosen by reference to market yield on government bonds as on the date of
valuation.
Expected Rate of Return: In case of Pension, the expected rate of return is taken on the basis of yield on government
bonds. In case of gratuity and leave encashment the actual return has been taken.
Salary Increase: On the basis of past data.
153
(Ìß) ²¾ß §ã³ßßÃËßà±ß ~¼ßÃ½ßßÀã Éßßºß (íìÀ à²ßà±ß) ÐßßÀ¢ßã (Á ~ÀíëÊíëÝ ¼ßëÝ)
ÉßÖãÐßã/Éß¶~Ðßã ÀÌß£ß Ìß¾ßÞ£ßã Á¢ß ¿äÖòÖã ²ßäßÆÑ àÀÉßßëë~Íß²ß
²ß~§ã~À¢ß ËßßÊÃ ÀßàÍß Ë¾ß¾ß
01.04.2008 ~íë §ë¾ß£ßß 11.95 1.06 17.68 0.87 0.89
31.03.2009 ~íë §ë¾ß£ßß 13.09 0.90 16.70 0.85 0.91
ÖÅßÞàÌßÍß²ßÉß §ë¾ß£ßß -- -- -- -- --
Éßßºß ËßÞ Ñßà²ß ~íë ²ßß¼ßë ~ã ß¾ßã ÀßàÍß 1.14 -0.16 -0.98 -0.02 0.02
(Ôß) ÉµßßËßà±ß ~¼ßÃ½ßßÀã Éßßºß
ÉµßßËßà±ß ßà£ßµßæà£ßÃ ²ßäµßàÐ¦ßà£ß:
31.03.2009 ~íë §ë¾ß£ßß :Á.1.04 ~ÀíëÊ
( Õß ) ºßàËßÏ¾ß à²ßà±ß ~íë ÞÍß§ß²ß Á.14.70 ~ÀëßÊ
17. Ëßë£ß²ß ÐßÞÍßíë±ß²ß ë~ ¹ßß£ß½ßã£ß ë~ µßàÀ¢ßß¼ß ë~ à²ß¢ßãÃ£ß ÀÑ£ßë Ñä ±ßã²ß Á 60 ~ÀíëÊ ~ß £ß§¦ßÃ µßÆßËß±ßß²ß à~¾ßß ß¾ßß Ñì.
18. ßàÐ£ß¾ßíë ~ß Ñßà²ß~À¢ß ( Ðß28)
ÉßëÛßß¼ßß²ß 28 - ßàÐ£ß¾ßíëÝ ~ß Ñßà²ß~À¢ß (ß¨ÃÐßãß¨ÃÃ °ßÀß ÌßßÀã) ë~ µßìÀßßÆß¶~ 8 Ðßë 10 £ß~ Ðßæ½ßã¹ß« ë~ ²ßäÐßßÀ µßÀãß¢ß à~¾ßß ß¾ßß Ñì ßìÀ Ðß µßÆ~ßÀ ë~
µßÀãß¢ß µßÀ ¾ßÑ µßß¾ßß ß¾ßß Ñì à~ ¹ßìÝ~ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ Ðß µßÆ~ßÀ ë~ ~íë¨Ã ÞàÊë~Íß²ß ²ßÑãÝ ÑìÝ. ½ßæÞà~ ÐßÞºßßË¾ß Ñßà²ß~À¢ß ~ß ÞàÊë~Íß²ß ²ßÑãÝ Ñíë²ßë ë~ ~ßÀ¢ß ËßÐßæÉß ~ã
Ìßß²ßë ËßßÉßã ÀßàÍß ~ß ßìµß½ßßàÀ~ ²ßä¼ßß²ß ²ßÑãÝ Éßßß¾ßß ß¾ßß Ñì.
19. µßÆßËß±ßß²ß, µßÆßÐßÞàß~ §ë¾ß£ßßïÞ ËßÞ µßÆßÐßÞàß~ ßàÐ£ß¾ßíïÞ
Ðß 29 ë~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ~ß ²ßäµßßÉß²ß à~¾ßß Ñì ßìÀ Ðß¼ßäà½ß£ß Ð¦ßß²ßíëÝ ¼ßëÝ ËßßàÏßÃ~ àÀµßíëÖÃ ë~ àËßàºß²²ß ºßßßíëÝ ¼ßëÝ à²ßßà¼ß£ß à~¾ßß ß¾ßß Ñì.
20. Éßßºß ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ ~íë¨Ã ¼ßÑ£Ëßµßæ¢ßÃ µßæËßÃ Ëßà±ß ¼ß§ Íßßà¼ßÉß ²ßÑãÝ Ñì àÌßÐßë ºßßàÀ¹ßìÝ~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ë~ ²ßäÐßßÀ µßà×£ß ºßßÀ£ßã¾ß Ðß²ß§ã ÉßëÛßß~À ÐßÞÐ¦ßß²ß
°ßÀß ÌßßÀã Ðß 5 ë~ ²ßäÐßßÀ µßÆ~Ö ~À²ßë ~ã ßËßÍ¾ß~£ßß Ñì.
21. ºßßàÀ¹ßìÝ ~ ¼ßßßÃ§ÍßßãÃ àÐß«ßÞ£ßíëÝ ë~ ²ßäÐßßÀ, ¹ßìÝ ~ ²ßë ²ßä¼ßßà²ß£ß ß±ßßÀ µßÀ µßàÀµß¬Ëß Ìß¼ßß µßÀ Á. 20 ~ÀíëÊ ~ã ÀßàÍß ~ß µßÆßËß±ßß²ß à~¾ßß Ñì.
22. ËßÏßÃ ë~ §íìÀß²ß, ¹ßìÝ~ ²ßë µßÀëÏß¢ß ß±ßßÀ µßÀ Ðßíë²ßë ë~ àÐß¬~íëÝ ~ã àËßÆ~¾ß µßÆßÀÞºß à~¾ßß Ñì.
23. àÍß~ß¾ß£ßíëÝ ~ß µßÆ~Ö²ß ËßÞ ¹ßìÝâ~ß Éßíë~µßßÉß ~ß¾ßßÃà²Ëß£ß ²ßÑãÝ à~¾ßë ß¾ßë ËßßÊÃ
~) ßÆßÑ~ àÍß~ß¾ß£ß (²ßÞ¹ßÀíëÝ ¼ßëÝ) Ûß) ¹ßìÝâ~ß Éßíë~µßßÉß °ßÀß µßßÀà£ß ËßßÃ
~)ËßÏßÃ ë~ µßÆßÀÞºß ¼ßëÝ ÉßÞà¹ß£ß: 1315 ~) ËßÏßÃ ë~ §íìÀß²ß ~ß¾ßßÃà²Ëß£ß ²ßÑãÝ à~¾ßß ß¾ßß Íßæ²¾ß
Ûß)ËßÏßÃ ë~ §íìÀß²ß µßÆßµ£ß 20517 Ûß)ËßÏßÃ ë~ §íìÀß²ß ¹ßìÝâ~ß Éßíë~µßßÉß °ßÀß µßßàÀ£ß Íßæ²¾ß
ß) ËßÏßÃ ë~ §íìÀß²ß à²ßËßßÀ¢ß à~¾ßß ß¾ßß: 1789 ß) ËßÏßÃ ë~ §íìÀß²ß ~ß¾ßßÃà²Ëß£ß Íßæ²¾ß
³ß) ËßÏßÃ Þ£ß ¼ßëÝ ÉßÞà¹ß£ß: 43* ³ß) ËßÏßÃ Þ£ß ¼ßëÝ ~ß¾ßßÃà²Ëß£ß ²ßÑãÝ à~¾ßß ß¾ßß Íßæ²¾ß
* Ðßä²ßËßß¨Ã ~ã µßÆàÆ~¾ßß ë~ §íìÀß²ß Ðßß¼ßß²¾ß àÍß~ß¾ß£ß
24. àµß¿Éßë ËßÏßÃ ë~ ß~Êë, ½ßßÉßæ ËßÏßÃ ë~ µßÆÐ£ßä£ßã~À¢ß ~ã µßäàÏÖ ë~ àÉß, ÌßÑíïÞ ~ÑãÝ ßËßÍ¾ß~ Ñíë, µßä²ß::ËßßãÃè~£ß/µßä²ß:ÎÇíë¢ßãè~£ß à~¾ßß ß¾ßß Ñì. ~íëÏ×~ ¼ßëÝ
ßÞ~Êë àµß¿Éßë ËßÏßÃ ë~ ÑìÝ.
à§²ßßÞ~ : 08.05.2009

à²ß§ëÍß~ Öã.ßÀ.Ðß à¥ßËßë§ã
µßÆë¼ß µßÆ~ßÍß µßßÀã~ ë~. Àß¼ß~íëÖëÍËßÀ ÀßËß ²ßæµß µßÆ~ßÍß ßßÃ Öã.Ëßã.Ðß. ½ßÞ§ÆÍßëÛßÀ Ìßã. ËßßÐßä§ëËß ¼ßæà£ßÃ
Öã.ÀËßãÝ§Æ²ßß¦ß Íßì¹ßßÉß ßäµ£ßß ÀßÌßã¹ß ÍßëÛßÀ ÐßßÑæ µß ¼ßÑßµßÆ¹ßÞ±ß~ ÐßÑß¾ß~ ¼ßÑß µßÆ¹ßÞ±ß~
ë~. À³ßäÀß¼ß²ß
à§²ßßÞ~: 08.05.2009 ºßßßã§ßÀ (¼ß ²ßÞ 21154) ºßßßã§ßÀ (¼ß ²ßÞ 10022)~
154
(h) Other long term employees benefits (Un-Funded) (Rs. in crores)

LTC/LFC Silver Jubilee Sick Leaves Ex-Gratia Relocation
Encashment Award Expenses
Liability as on 01.04.2008 11.95 1.06 17.68 0.87 0.89
Liability as on 31.03.2009 13.09 0.90 16.70 0.85 0.91
Transitional Liability -
Amount debited to Profit 1.14 -0.16 -0.98 -0.02 0.02
& Loss Account
(i) Short term employees benefits:
Short-term Compensated Absences:
Liability as on 31.03.2009 : Rs.1.04 crores
(j) Contribution to Provident Fund Rs.14.70 Crores
17. Pending outcome of negotiation on wage revision, an adhoc provision of Rs.60.00 crore has been made during the
period.
18. IMPAIRMENT OF ASSETS (AS 28)
The indications listed in paragraph 8 to 10 of Accounting Standard 28Impairment of Assets (issued by the ICAI ) have
been examined and on such examination, it has been found that none of the indications are present in the case of the
bank. A formal estimate of the recoverable amount has not been made, as there is no indication of a potential impairment
loss.
19. PROVISIONS, CONTINGENT LIABILITIES AND CONTINGENT ASSETS (AS 29)
As per the guidelines of AS-29 issued by ICAI, details of movement in significant provisions have been disclosed at the
appropriate places in the notes forming part of accounts.
20. There is no material prior period item included in Profit and Loss account which is required to be disclosed as per AS-
5 issued by the Institute of Chartered Accountants of India read with RBI guidelines.
21. Pursuant to RBI guidelines, the bank has made a provision of Rs.20.00 crores in respect of interest on matured deposit
on estimated basis.
22. During the year, the bank has started dealing in Gold Coins sale on consignment basis.
23. Disclosure of complaints and unimplemented awards of Banking Ombudsman
a) Customer complaints (in numbers) b) Awards passed by the Banking Ombudsman (in numbers)
a) Pending at the beginning of the year: 1315 a) Unimplemented at the beginning of the year: NIL
b) Received during the year: 20517 b) Passed by the Banking Ombudsman during the year: NIL
c) Redressed during the year: 21789 c) Implemented during the year: NIL
d) pending at the end of the year: 43* d) Unimplemented at the end of the year: NIL
* General complaints which are under the process of redressal
24. Previous years figures have been regrouped / reclassified /rearranged wherever necessary to conform to current
years figures. Figures in the brackets indicate figures of previous year.
Place: Hyderabad
Date : 08.05.2009
T.R.S. Trivedi
Directors
General Manager
K. Raghuraman

155
ÉßëÛßßµßÀãßª~íëÝ ª~ã àÀµßíëÖÃ ªÞ~µß²ßã (^µßªÆ~¼ßíëÝ ª~ß ÌßÃ²ß ©ËßÞ Þ£ßÀ¢ß) à±ßà²ß¾ß¼ß, 1980 ª~ã µßëßßßëÝ ªë~
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µßÀãßª~íëÝ ²ßë àÌß²ß ÍßßÛßßßëÝ ª~ã ÉßëÛßß µßÀãßß ª~ã, ^²ßª~ß ½ß¾ß²ß ¹ßìÝª~ °ßÀß Ûß. ¹ßìÝ~ ë~ Éßë²ß§ë²ß, Ìßíë Ñ¼ßßÀë ±¾ßß²ß ¼ßëÝ ß¾ßë ÑìÝ, ¹ßìÝ~ ë~ à±ß~ßÀ ë~ ºßã£ßÀ ÑìÝ .
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5.05 µßÆà£ßÍß£ß, ¹¾ßßÌß ß¾ß ª~ß 0.31 µßÆà£ßÍß£ß ©ËßÞ ¹¾ßßÌß Ë¾ß¾ß ª~ß 3.90 6. Ñ¼ß µß²ßã Àß¾ß ¹ß£ßß à¹ß²ßß Ëßà±ß ë~ àÉß à²ßËßÉß Éßßºß ¾ßß Ñßà²ß, µßæËßÃ Ëßà±ß
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µßÆ¹ßÞ±ß²ß ª~ã Ñì. ÉßëÛßß µßÀãßß ªë~ ß±ßßÀ µßÀ àËß££ßã¾ß àËßËßÀ¢ßíëÝ ªë~ ÐßÞ¹ßÞ±ß ¼ßëÝ Àß¾ß ß¾ß ë~ Þ£ßßÃ£ß Á. 93.11 ~ÀíëÊ ë~ ²ßµÉßßÊ ¹¾ßßÌß ë~ Ðß¼ßßËßëÍß²ß ë~
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2. Ñ¼ß²ßë ºßßÀ£ß ¼ßëÝ Ðßß¼ßß²¾ß£ß¾ßß ÐËßãªè~£ß ÉßëÛßß µßÀãßß Ð£ßÀíëÝ ªë~ ²ßäÐßßÀ ÉßëÛßß µßÀãßß (Ðßã)Þ ~ã ßëÀ ±¾ßß²ß ßè~ÏÖ ~À£ßë ÑìÝ.
ª~ã Ñì. ^²ß Ð£ßÀíëÝ ªë~ ²ßäÐßßÀ Ñ¼ßÐßë ¾ßÑ µßëàß£ß Ñì àª~ àËß££ßã¾ß àËßËßÀ¢ßíëÝ ¼ßëÝ 7. Ñ¼ßßÀã Àß¾ß ¼ßëÝ ¹ßìÝ~ ~ã ¹ßàÑ¾ßíëÝ ¼ßëÝ §ÍßßÃ¾ßë ²ßäÐßßÀ ËßÞ Ñ¼ßßÀã ££ß¼ß Ìßß²ß~ßÀã
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àÉß© Ñ¼ß ¾ßíëÌß²ßß ¹ß²ßß©ïÞ £ß¦ßß ÉßëÛßß µßÀãßß ª~ÀëÝ. ÉßëÛßßµßÀãßß ¼ßëÝ àËß££ßã¾ß
i) ºßßÀ£ß ¼ßëÝ Ðßß¼ßß²¾ß£ß¾ßß ÐËßãè~£ß ÉßëÛßß àÐß«ßÞ£ß ë~ ²ßäÂµß £ßäÉß²ßµß¥ß ª~ã ¼ßÑ£Ëßµßæ¢ßÃ
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µßÆ¹ßÞ±ß²ß °ßÀß àª~¾ßë ß¾ßë ¼ßÑ£Ëßµßæ¢ßÃ ²ßä¼ßß²ßíëÝ £ß¦ßß µßÆ¾ßä{£ß àª~¾ßë ß¾ßë ÉßëÛßß
¼ßß½ßÃ 2009 ª~íë ¹ßìÝª~ ªë~ ª~ß¾ßÃª~ÉßßµßíëÝ ª~ß ÐßÑã à½ß¥ß §ÍßßÃ¾ßß Ìßß ÐßªëÝ~.
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Ñì. Ñ¼ßßÀß àËßÍËßßÐß Ñì àª~ µß²ßã Àß¾ß Ñë£ßä ÉßëÛßß µßÀãßß ¾ß¦ßíëà½ß£ß ß±ßßÀ µßÆÐ£ßä£ß ii) ºßßÀ£ß ¼ßëÝ Ðßß¼ßß²¾ß£ß¾ßß ÐËßãè~£ß ÉßëÛßß àÐß«ßÞ£ß ë~ ²ßäÂµß 31 ¼ßß½ßÃ 2009 ª~íë
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µßÜß ß¾ßß Éßßºß ©ËßÞ Ñßà²ß ÉßëÛßß Éßßºß ª~ß ÐßÑã ÍßëÏß µßÆª~Ö ª~À£ßß Ñì.
3. £ßäÉß²ßµß¥ß £ß¦ßß Éßßºß ©ËßÞ Ñßà²ß ÉßëÛßß ¹ßìÝâª~ß àËßà²ß¾ß¼ß à±ßà²ß¾ß¼ß, 1949 ª~ã
£ßè£ßã¾ß ²ßäÐßæ½ßã ªë~ ªÆ~¼ßÍß: }~ß¼ßÃ ª~ ßìÀ Ûß ¼ßëÝ µßÆÐ£ßä£ß àª~¾ßë ß¾ßë ÑìÝ. iii) àËßËßÀ¢ß °ßÀß ª~ËßÀ ª~ã ß¾ßã Ëßà±ß ª~ß ²ßª~§ µßÆËßßÑ àËßËßÀ¢ß ÐßÑã à½ß¥ß §ÍßßÃ£ßß
Ñì.
4. ^µß¾ßäÃ{£ß µßìÀß 1 ©ËßÞ 2 ¼ßëÝ µßÆà£ßµßßà§£ß ÉßëÛßß µßÀãßß ª~ã µßëßßßëÝ £ß¦ßß ¹ßìÝâª~ß

ºßßßã§ßÀ (¼ß ²ßÞ 21154) ºßßßã§ßÀ (¼ß ²ßÞ 10022)~
à§²ßßÞ~: 08.05.2009
156
AUDITORS REPORT a) We have obtained all the information and explana-

tions, which to the best of our knowledge and belief
To were necessary for the purpose of our audit and
The President of India, have found them to be satisfactory.
1. We have audited the attached Balance Sheet of ANDHRA b) The transactions of the Bank, which have come to
BANK as on 31st March 2009, the Profit and Loss Ac- our notice, are within the powers of the Bank.
count and Cash Flow Statement annexed thereto for the c) The returns received from the offices and branches
year ended on that date in which are the incorporated the of the bank have generally been found adequate
Returns of 20 branches audited by us, 1230 branches for the purpose of our Audit.
audited by other auditors. The branches audited by us
and those audited by other auditors have been selected 5. In our opinion the Balance Sheet, Profit and Loss Ac-
by the Bank in accordance with the guidelines issued to count and Cash Flow Statement comply with the applica-
the bank by Reserve Bank of India. Also incorporated in ble Accounting Standards.
the Balance Sheet and Profit & Loss Account are the re- 6. Without qualifying our opinion, we draw attention to Note
turns from 182 branches and 18 Service Centres which 3 ( c ) of Schedule 18 to the financial statements regard-
have not been subjected to audit. These un-audited ing inclusion of unapplied interest amounting to Rs. 93.11
branches account for 1.75 percent of advances, 5.05 crores under interest income instead of showing as an
percent of deposits, 0.31percent of interest income and exceptional item in terms of requirement of AS-5 Net Profit
3.90 percent of interest expenses. These financial state- or Loss for the period, prior period items and change in
ments are the responsibility of the Andhra Banks Man- accounting policies and Clause 41 of the Listing Agree-
agement. Our responsibility is to express our opinion on ment.
the financial statements based on our audit.
7. In our Opinion, as shown by the books of the Bank, and
2. We conducted our audit in accordance with the auditing to the best of our information and according to the expla-
standards generally accepted in India. Those standards nation given to us:
require that we plan and perform the audit to obtain rea-
i) The Balance Sheet read with significant accounting
sonable assurance about whether the financial statements
policies and notes on accounts thereon is a full and
are free of material mis-statement. An audit includes ex-
fair Balance Sheet containing all the necessary par-
amining, on a test basis, evidence supporting the amounts
ticulars, and is properly drawn up so as to exhibit a
and disclosures the financial statements. An audit also
true and fair view of the affairs of the Bank as on
includes assessing the accounting principles used and
31st March, 2009, in conformity with the accounting
significant estimates made by the management, as well
principles generally accepted in India.
as evaluating the overall financial statements presenta-
tion. We believe that our audit provides a reasonable ii) The Profit and Loss Account read with Significant
basis for our opinion. accounting policies and Notes on accounts thereon
shows a true balance of profit, in conformity with
3. The Balance Sheet and Profit and Loss Account have
the accounting principles generally accepted in In-
been drawn up in Form A and B respectively of the
dia for the year ended 31st March, 2009 and
Third Schedule of the Banking Regulation Act, 1949.
iii) The Cash Flow Statement gives a true and fair view
4. Subject to the limitation of audit indicated in para 1 and 2
of cash flows for the period covered by the state-
above and as required by the Banking Companies (Ac-
ment.
quisition and Transfer of Undertakings) Act, 1980 and
subject also to the limitations of disclosure required
therein, we report that:

(K.S. Ramakrishna) (G. Venkataraman)
Partner (M. No. 21154) Partner (M. No. 10022)
Place : Hyderabad
Date : 08.05.2009
157
31 ¼ßß½ßÃ, 2009 ~íë Ðß¼ßßµ£ß ËßÏßÃ ~ã ²ß~§ã µßÆËßßÑ àËßËßÀ¢ßã

(Á. 000. ¼ßëÝ)
àËßËßÀ¢ß 31/03/2009 31/03/2008
²ß~§ã ßìÀ ²ß~§ã £ßäÉ¾ß ~ß ¦ß ÍßëÏß 56943157 40241745
²ß~§ã ßìÀ ²ß~§ã £ßäÉ¾ß ~ß à£ß ÍßëÏß 52875014 56943157
Ëßà±ß ë~ §íìÀß²ß ²ß~§ã ßìÀ ²ß~§ã £ßäÉ¾ß ¼ßëÝ à²ßËßÉß Ëßèà« / ~¼ßã -4068143 16701412
µßàÀ½ßßÉß²ßß£ß ~ß¾ßíëÄ Ðßë ²ß~§ã µßÆËßßÑ
~À µßæËßÃ Éßßºß ßìÀ à£ß Ðßß¼ßß²¾ß ¼ß§ëÝ~ 8980512 9175714
ßìÀ ²ß~§ã / ßìÀ µßàÀ½ßßÉß²ßß£ß ¼ß§íëÝ ¼ßëÝ ÌßíëÊÞë / ³ßÖßËßëÝ / Ðß¼ßß¾ßíëàÌß£ß ~ÀëÝ
ÌßíëÊ ¹ßìÝ~ ~ã ÐßÞµßà££ß µßÀ ¼ßæÉ¾ßÑÅßÐß 817590 613293
ÌßíëÊ ßíì¢ß ~¢ß µßÀ ¹¾ßßÌß 1395674 275060
³ßÖßËßëÝ ßàÐ£ß¾ßíëÝ ~ã à¹ßÆ~ã µßÀ Éßßºß -3346 -2448
µßàÀ½ßßÉß~ ßàÐ£ß¾ßíëÝ ËßÞ §ë¾ß£ßßßëÝ ¼ßëÝ µßàÀËß£ßÃ²ß ë~ µßæËßÃ µßàÀ½ßßÉß~ Éßßºß 11190430 10061619
µßàÀ½ßßÉß~ ßàÐ£ß¾ßíëÝ ËßÞ §ë¾ß£ßßßëÝ ¼ßëÝ µßàÀËß£ßÃ²ß Ñë£ßä Ðß¼ßß¾ßíëÌß²ß
Ìß¼ßß ¼ßëÝ Ëßèà«/ (~¼ßã) 99534720 79825268
±ßßÀã ¼ßëÝ Ëßèà«/ (~¼ßã) 7207252 -1430252
à²ßËßëÍß ¼ßëÝ (Ëßèà«) ~¼ßã -20128744 -5975191
àßÆ¼ß ¼ßëÝ (Ëßèà«) ~¼ßã -99008745 -63493189
²¾ß ßàÐ£ß¾ßíëÝ ¼ßëÝ (Ëßèà«) ~¼ßã -593086 -2249095
²¾ß §ë¾ß£ßßßëÝ ËßÞ µßÆßËß±ßß²ßíëÝ ¼ßëÝ (Ëßèà«) ~¼ßã 917612 989451
µßàÀ½ßßÉß²ß Ðßë Ìß²ßÀëÖëÊ ²ß~§ã -880561 17728611
³ßÖßËßëÝÞ: µßÆ§££ß ~À -4397429 -3927857
µßàÀ½ßßÉßß£ß ~ß¾ßíëÄ Ðßë ²ß~§ã µßÆËßßÑ () -5277990 13800754
à²ßËßëÍßã ~ß¾ßíëÄ Ðßë ²ß~§ã µßÆËßßÑ
½ßÉß ßàÐ£ß¾ßíëÝ ~ã ÛßÀã§ã/à¹ßÆ~ã -1972561 -882020
à²ßËßëÍßã ~ß¾ßíëÄ Ðßë ²ß~§ã µßÆËßßÑ (¹ßã) -1972561 -882020
àËß££ßã¾ß ßà£ßàËßà±ß¾ßíëÞÝ Ðßë ²ß~§ã µßÆËßßÑ
ß£ßßËßà±ß ÊãÊã ë~ ºßäß£ßß²ß °ßÀß Ðßß¼ßß²¾ß µßÆßÀàß£ßã Ðßë ßÑàÀ£ß ÀßàÍß -52 0
ßíì¢ß ~¢ß µßÀ µßÆ§££ß ¹¾ßßÌß -1395674 -275060
ÉßßºßßÞÍß µßÆ§££ß (ÉßßºßßÞÍß µßÀ ~À à¼ßÉßß~À) -1134852 -2292261
ßíì¢ß ~¢ß ~ã ÌßßÀã /Íßíë±ß²ß (à²ßËßÉß) 9250000 6350000
~¼ßÃ½ßßÀã Éßßºß ë~ àÉß µßÆßËß±ßß²ß (Ðß-15 ÐßÞÍßíë±àß£ß) à²ßËßëàÍß£ß/Ë¾ß¾ß à~¾ßß ß¾ßß -3537014
àËß££ßã¾ß ~ß¾ßíëÄ Ðßë ²ß~§ã µßÆËßßÑ (Ðßã) 3182408 3782679
ËßÏßÃ ë~ §íìÀß²ß ²ß~§ã µßÆËßßÑ ¼ßëÝ à²ßËßÉß Ëßèà«/~¼ßã (+¹ßã+Ðßã) -4068143 16701413
158
CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH, 2009
(Rs. in 000s)
Particulars 31-03-2009 31-03-2008
Current Year Previous Year
Opening balance of Cash and Cash Equivalents 56943157 40241745

Closing balance of Cash and Cash Equivalents 52875014 56943157
Net Increase/(Decrease) of Cash and Cash Equivalent during the period -4068143 16701412
Cash Flow from Operating Activities
Net profit before tax 8980512 9175714
Add Deprecitation on Assests 817590 613293
Add Interest on Subordinate Debt 1395674 275060
Less Profit on Sale of Assets -3346 -2448
Operaing Profit before Changes in Operating Assets and Liabilities 11190430 10061619
Adjustment for Changes in Operating Assets and Liabilities
Increase / (Decrease) in Deposits 99534720 79825268
Increase / (Decrease) in Borrowings 7207252 -1430252
(Increase) / Decrease in Investments -20128744 -5975191
(Increase) / Decrease in Advances -99008745 -63493189
(Increase) / Decrease in Other Assets -593086 -2249095
Increase / Decrease in Other Liabilities and Provisions 917612 989451
Cash Generated from Operations -880561 17728611

Less Taxes Paid -4397429 -3927857
Cash flow from operating Activities (A) -5277990 13800754
Cash flow from Investing Activities
Purchase / Sale of Fixed assets -1972561 -882020
Cash flow from Investing Activities (B) -1972561 -882020
Cash flow from Financing Activities
Amount Drawn from General Reserve for paying Stale DDs -52 0
Interest paid on Subordinated Debts -1395674 -275060
Dividend paid (including tax on dividend) -1134852 -2292261
Issue / Redemption of Subordinated Debts (net) 9250000 6350000
Provision for Employee Benefits (AS-15 Revised) Invested/Spent -3537014
Cash flow from Financing Activities (C) 3182408 3782679
Net Increase/ Decrease of Cash Flow during the year (A+B+C) -4068143 16701413

Partner (M.No. 43414) Partner (M.No. 51451) Partner (M.No. 52461) Partner (M.No. 16416)

Place: Hyderabad (K.S. Ramakrishna) (G. Venkataraman)
Date : 08.05.2009 Partner (M.No. 21154) Partner (M.No. 10022)
159
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à²ßËßÉß Éßßºß 0.06 1 486 538 576 653
ä~Éß Ìß¼ßß ÀßàÍß¾ßíïÞ 52 666 33922 41454 49437 59390
à²ßËßÉß àßÆ¼ß # 35 356 22100 27889 34238 44139
à²ßËßëÍß $ 16 170 11612 14406 14988 17103
µßÞæÌßã 0.5 1 485 485 485 485
µßÆßÀÞàß£ß ËßÞ à±ßÍßëÏß 0.4 4.9 2409 2671 2764 3162
~ß¾ßÃ~ßÀã à²ßà±ß 58 708 40669 47541 56592 68469
µßÆß¦ßà¼ß~£ßß µßÆßµ£ß ßë¥ß àßÆ¼ß@ __ 128 8924 11427 13298 14955
# µßÆßËß±ßß²ßíëÝ ~ß à²ßËßÉß
$ µßæËßÃ ¼ßæÉ¾ß ÑÅßÐß
@ Þà£ß¼ß àÀµßíëàÖÄß ÍßäÆ~ËßßÀ ~íë
* ¹ßìÝ~íëÝ ë~ ÀßÏÖÅã¾ß~À¢ß ~ß µßÆ¦ß¼ß ËßÏßÃ
** ß²±ßÆß ¹ßìÝ~ ~ß ÀßÏÖÅã¾ß~À¢ß ËßÏßÃ
160
OUR PROGRESS AT A GLANCE

(Amount Rs. in crore)
Year / Parameters 1969* 1980** Mar-06 Mar-07 Mar-08 Mar-09
No. of Branches 155 627 1213 1289 1366 1432
No. of Business Delivery Channels 155 754 1764 1930 2128 2248
Staff Strength 2163 7585 13169 12981 13387 14255
Net Profit 0.06 1 486 538 576 653
Total Deposits 52 666 33922 41454 49437 59390
Net Advances # 35 356 22100 27889 34238 44139
Investments $ 16 170 11612 14406 14988 17103
Capital 0.5 1 485 485 485 485
Reserves & Surplus 0.4 4.9 2409 2671 2764 3162
Working Funds 58 708 40669 47541 56592 68469
Priority Sector Advances @ __ 128 8924 11427 13298 14955
# Net of Provisions
$ Pre-Depreciation
@ As on last Reporting Friday
* Year of nationalisation of Banks
**Year of nationalisation of Andhra Bank
161
¼ßäÛ¾ß à²ßÏµßß§²ß ²ßäµßß£ß
Æ~¼ß ÐßÞÛ¾ßß ë~¼ßÉß µßëÀß¼ßãÖÀ ¼ßß½ßÃ 2009 ¼ßß½ßÃ 2008
(µßÆà£ßÍß£ß ¼ßëÝ) (µßÆà£ßÍß£ß ¼ßëÝ)
µßæÞÌßã µß¾ßßÃµ£ß£ßß
1. ÌßíëëàÛß¼ß ßàÐ£ß ²ßäµßß£ß ~íë µßæÞÌßã (ÐßãßÀßÀ) 13.22 11.61
ºßßàÀ¹ßìÝ~ °ßÀß à²ß±ßßÃàÀ£ß ¼ßß²ß§ÞÊ 9%)
2. ~ËßÀëÌß ²ßäµßß£ß 5.21 5.65
3. à²ßËßÉß ÐßÞµßà££ß ¼ßëÝ à²ßËßÉß ²ßµßã 2.17 1.65
ßàÐ£ß ~ã ßä¢ä ßËß££ßß

1. ä~Éß à²ßËßëÍßíëÝ ¼ßëÝ ÐßÀ~ßÀã µßÆà£ßºßæà£ß¾ßíïÞ 89.97 87.84
2. à²ßËßÉß àßÆ¼ßíëÝ ~ß à²ßËßÉß ²ßµßã 0.18 0.15
3. ä~Éß ßàÐ£ß¾ßíëÝ ¼ßëÝ £ßäÉß²ßµß¥ß ~ã ¹ßßÑò¾ß ¼ß§ëÝ 45.66 34.86
4. ä~Éß àßÆ¼ßíëÝ ¼ßëÝ ¼ßß²ß~ ßàÐ£ß¾ßíïÞ 99.17 98.92
5. ä~Éß ßàÐ£ß¾ßíëÝ ¼ßëÝ à²ßËßÉß ²ßµßã 0.12 0.09
µßÆ¹ßÞ±ß²ß ~ã ßä¢ßËß££ßß

1. Ðß~Éß ¹ßìÝ~ ~¢ß - ä~Éß Ìß¼ßß ²ßäµßß£ß 75.04 70.07
2. ä~Éß ßàÐ£ß¾ßíëÝ ¼ßëÝ Ëßèà« 20.99 19.04
3. £µßß§~£ßß (Á. ÉßßÛßíëÝ ¼ßëÝ) 625.78 540.23
4. µßÆà£ß ~¼ßÃ½ßßÀã Éßßºß (Á. ÉßßÛßíëÝ ¼ßëÝ) 4.58 4.30
ÌßÃ²ß
1. ä~Éß ß¾ß ¼ßëÝ ßìÀ ¹¾ßßÌß ß¾ß 12.47 12.95
2. ßàÐ£ß¾ßíëÝ µßÀ µßÆà£ß¶~Éß 1.09 1.16
3. à²ßËßÉß ¹¾ßßÌß ¼ßßàÌßÃ²ß 3.03 3.00
4. ß¾ß ¼ßëÝ Éßßß£ß ~ß ²ßäµßß£ß 46.16 46.24
5. ä~Éß ¹¾ßßÌß ß¾ß ¼ßëÝ ÐÖß¶~ Éßßß£ß ~ß ²ßäµßß£ß + ²¾ß ß¾ß 26.09 25.91
6. àßÆ¼ßíëÝ µßÀ ßìÐß£ß µßÆà£ß¶~Éß 11.41 10.81
7. à²ßËßëÍßíëÝ µßÀ ßìÐß£ß µßÆà£ß¶~Éß 8.84 8.27
8. ßìÐß£ß ~ß¾ßÃÃÍßãÉß à²ßà±ß¾ßíëÝ ¼ßëÝ µßàÀ½ßßÉß²ß Éßßºß 2.15 2.12
½ßÉßà²ßà±ß
1. ä~Éß ßàÐ£ß¾ßíëÝ ¼ßëÝ ÐßÀ~ßÀã µßÆà£ßºßæà£ß¾ßíïÞ 22.22 23.12
2. ä~Éß ßàÐ£ß¾ßíëÝ ¼ßëÝ ²ß~§ 0.64 0.78
3. ä~Éß ßàÐ£ß¾ßíëÝ ¼ßëÝ ä~Éß à²ßËßëÍß 24.70 26.33
162
ß²±ßÆß ¹ßìÝ~ ¶~ß¨Ã²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß àÉßà¼ßÖëÊ / Andhra Bank Financial Services Ltd.
KEY PERFORMANCE RATIOS
S.No. CAMEL Parameter March, 2009 March, 2008

(In Percentage) (In Percentage)
Capital Adequacy
1 Capital to Risk Assets Ratio (CRAR) 13.22 11.61

(Prescribed Norm by RBI : 9%)
2 Coverage Ratio 5.21 5.65
3 Net NPAs to Net Worth 2.17 1.65
Asset Quality
1 Govt. Securities to Total Investments 89.97 87.84
2 Net NPAs to Net Advances 0.18 0.15
3 Off Balance Sheet Items to Total Assets 45.66 34.86
4 Standard Advances to Total Advances 99.17 98.92
5 Net NPAs to Total Assets 0.12 0.09
Management Quality
1 Gross Bank Credit-Aggregate Deposit 75.04 70.07
2 Growth in Total Assets 20.99 19.04
3 Productivity (Rupees in Lakhs) 625.78 540.23
4 Profit per Employee (Rupees in lakhs) 4.58 4.30
Earnings
1 Non Interest Income to Total Income 12.47 12.95
2 Return on Assets 1.09 1.16
3 Net Interest Margin 3.03 3.00
4 Ratio of Cost to Income 46.16 46.24
5 Staff Cost to Net Interest Income + other 26.09 25.91
income
6 Average Yield on Advances 11.41 10.81
7 Average Yield on Investments 8.84 8.27
8 Operating Profits to Average Working Funds 2.15 2.12
Liquidity
1 Govt. Securities to Total Assets 22.22 23.12
2 Cash to Total Assets 0.64 0.78
3 Total Investments to Total Assets 24.70 26.33
163
ß²±ßÆß ¹ßìÝ~ ~ß ÐßÞàßµ£ß àËßËßÀ¢ß - àËß§ëÍßã ¼ßä§Æß ¼ßëÝ
31 ¼ßß½ßÃ 2009 ~ß £ßäÉß²ß-µß¥ß
(Amount in Indian Rupee converted into US dollar at RBI Reference rate for two currencies applicable as on the date of
balance sheet i.e. US$ 1= Indian Rs.50.72)
µßæÞÌßã Ëß §ë¾ß£ßßïÞ (ºßßÀ£ßã¾ß Áµß¾ßë, ~ÀíëñÊ ¼ßëÝ) (¾ßæÐß $ à¼ßàÉß¾ß²ß ¼ßëÝ)

µßæÞÌßã 485.00 95.62
µßÆßÀàßà£ß¾ßíïÞ ËßÞ à±ßÍßëÏß 3161.99 623.42
Ìß¼ßßÀßàÍß¾ßíïÞ 59390.02 11709.39
±ßßÀ 1311.24 258.53
²¾ß §ë¾ß£ßßïÞ ËßÞ µßÆßËß±ßß²ß 4120.96 812.49
ä~Éß 68469.21 13499.45
ßàÐ£ß¾ßíïÞ
ºßßàÀ¹ßìÝ~ ¼ßëÝ ²ß~§ ËßÞ ÍßëÏß 4853.34 956.89
¹ßìÝ~íëÝ ¼ßëÝ ÍßëÏß ËßÞ ¼ßßÞß Ëß Éµß Ðßæ½ß²ßß µßÀ ¼ßä§Æß 434.16 85.60
à²ßËßëÍß 16911.11 3334.21
àßÆ¼ß 44139.26 8702.54
½ßÉß ßàÐ£ß¾ßíïÞ 335.30 66.11
²¾ß ßàÐ£ß¾ßíïÞ 1796.04 354.11
ä~Éß 68469.21 13499.45
µßÆßÐßÞàß~ §ë¾ß£ßßïÞ 31261.34 6163.51
ËßÐßæÉßã ë~ àÉß à¹ßÉß 4586.54 904.29
31 ¼ßß½ßÃ 2009 ~íë Ðß¼ßßµ£ß ËßÏßÃ ë~ àÉß Éßßºß ËßÞ Ñßà²ß ÉßëÛßß
ß¾ß 5374.62 1059.66
àÌßÃ£ß ¹¾ßßÌß 765.38 150.90
²¾ß ß¾ß 6140.00 1210.57
ä~Éß
Ë¾ß¾ß 3747.71 738.90
Ë¾ß¾ß à~¾ßß ß¾ßß ¹¾ßßÌß 1104.26 217.72
µßàÀ½ßßÉßß£ß ¹¾ßßÌß 634.98 125.19
µßÆßËß±ßß²ß Ëß µßÆßÐßÞàß~£ßßïÞ 5486.95 1081.81
ä~Éß 653.05 128.76
ËßÏßÃ ~ß à²ßËßÉß Éßßºß 76.83 15.15
ßßë Éßß¾ßß ß¾ßß Éßßºß 729.88 143.90
ä~Éß
àËßà²ß¾ßíëÌß²ß
ÐßßÞàËßà±ß~ µßÆßÀàßà£ß¾ßíëÝ ~íë Þ£ßÀ¢ß 163.40 32.22
àËßÍßëÏß ÀßÌßÐËß µßÆßÀàß£ß¾ßíëÝ ~íë Þ£ßÀ¢ß 108.20 21.33
àËßÍßëÏß µßÆßÀàß£ß¾ßíëÝ ~íë Þ£ßÀ¢ß 50.00 9.86
µßÆÐ£ßßàËß£ß ÉßßºßßÞÍß ë~ àÉß Þ£ßÀ¢ß µßÆßËß±ßß²ß 218.25 43.03
ÉßßºßßÞÍß µßÀ ~À 37.09 7.31
£ßäÉß²ßµß¥ß ~íë Éßë Ìßß¾ßß ß¾ßß ÍßëÏß 152.94 30.15
164
ABRIDGED FINANCIAL STATEMENT OF ANDHRA BANK IN FOREIGN CURRENCY
BALANCE SHEET AS ON MARCH 31, 2009
(Amount in Indian Rupee converted into US dollar at RBI Reference rate for two currencies applicable as on the date of
balance sheet i.e. US$ 1= Indian Rs.50.72)
CAPITAL AND LIABILITIES (Indian Rupees in crore) (US $ in million)

Capital 485.00 95.62
Reserves & Surplus 3161.99 623.42
Deposits 59390.02 11709.39
Borrowings 1311.24 258.53
Other Liabilities & Provisions 4120.96 812.49
Total 68469.21 13499.45
Assets
Cash & Balances with RBI 4853.34 956.89
Balances with banks & Money at call & Short Notice 434.16 85.60
Investments 16911.11 3334.21
Advances 44139.26 8702.54
Fixed Assets 335.30 66.11
Other Assets 1796.04 354.11
Total 68469.21 13499.45
Contingent Liabilities 31261.34 6163.51
Bills for collection 4586.54 904.29
Profit and Loss account for the year ended 31.03.2009
Income
Interest earned 5374.62 1059.66
Other Income 765.38 150.90
Total 6140.00 1210.57
Expenditure
Interest Expended 3747.71 738.90
Operating Expenses 1104.26 217.72
Provisions & Contingencies 634.98 125.19
Total 5486.95 1081.81
Net Profit for the year 653.05 128.76
Profit Brought Forward 76.83 15.15
Total 729.88 143.90
Appropriations
Tr to Statutory Reserve 163.40 32.22
Tr to Capital Reserve 108.20 21.33
Tr to Special Reserve 50.00 9.86
Tr to Proposed Dividend 218.25 43.03
Tax on Dividend 37.09 7.31
Balance carried to Balance Sheet 152.94 30.15
165
ÐßßÞàÛ¾ß~ã¾ß ÂµßÀëÛßß STATISTICAL PROFILE
ÍßßÛßßßëÝ ~ß ËßßãÃ~À¢ß - Ìß²ßÐßÞÛ¾ßß Ðß¼ßæÑËßßÀ CLASSIFICATION OF BRANCHES - POPULATION GROUP WISE
ßë¥ß/Àß¾ß/ÐßÞ.Íßß. ¼ßß½ßÃ 2008 ë~ 2008- 2009 ë~ §íìÀß²ß ßÆß¼ßã¢ß ±ßÃÍßÑÀã ÍßÑÀã ¼ßÑß²ßßÀã¾ß ¼ßß½ßÃ 2009 ~ã
Region/State/U.T. Þ£ß £ß~ ÍßßÛßßïÞ ÛßíëÉßã ß¾ßã ÍßßÛßßïÞ Rural Semi Urban Urban Metro Ðß¼ßßàµ£ß ~íë ÍßßÛßßïÞ
Branches as at the Branches Opened Branches as at the
end of March 2008 during 2008-2009 end of March 2009
££ßÀ ßë¥ß Northern Region 51(2) 2 2 21(1) 30 53(1)
ÑàÀ¾ßß¢ßß Haryana 11 1 10 11
µßÞÌßß¹ß Punjab 5 4 1 5
ÀßÌßÐ¦ßß²ß Rajasthan 4(2) 1 3(1) 2 5(1)
½ßÞÊãßñÜ (ÐßÞ.Íßß.) Chandigargh (UT) 4 1 3 4
²ß¨Ã à§ÉÉßã New Delhi 26 1 27 27
Ìß¼¼ßæ ÞÊ ~Í¼ßãÀ Jammu & Kashmir 1 1 1
££ßÀ µßæËßÃ ßë¥ß North Eastern Region 2 1 1 2
Ðß¼ß Assam 1 1 1
àÐßà¬~¼ß Sikkim 1 1 1
µßæËßãÃ ßë¥ßÆ Eastern Region 135(8) 4 39(2) 44 44(2) 12(2) 139(6)
à¹ßÑßÀ Bihar 2(1) 1 3(1) 3(1)
ÔßßÀÛßÞÊ Jharkhand 6 2 4 6
ÊãÐßß Orissa 105(4) 1 38(2) 41 27(1) 106(3)
µßàÍ½ß¼ß ¹ßÞßßÉß West Bengal 22(3) 2 1 1 10 12(2) 24(2)
¼ß±¾ß ßë¥ß Central Region 30(4) 5 24 11 35
¿££ßãÐßßñÜ Chattisgarh 3 3 3
¼ß±¾ß µßÆ§ëÍß Madhya Pradesh 7(2) 2 3 6 9
££ßÀ µßÆ§ëÍß Uttar Pradesh 18(2) 3 16 5 21
££ßÀßÞ½ßÉß Uttaranchal 2 2 2
µßàÍ½ß¼ß ßë¥ß Western Region 59(3) 3 7 23(1) 32(1) 62(2)
ßíëËßß Goa 4 4 4
ßäÌßÀß£ß Gujarat 13 1 6 6 13
¼ßÑßÀßÏÖÅ Maharashtra 42(3) 3 2 17(1) 26(1) 45(2)
§àß¢ß ßë¥ß Southern Region 1089(51) 52 372(7) 358(8) 278(22) 133(6) 1141(43)
ß²±ßÆ µßÆ§ëÍß Andhra Pradesh 967(37) 37 367(7) 324(8) 234(16) 79(3) 1004(34)
~²ßßÃÖ~ Karnataka 41(6) 6 4 13(3) 30(1) 47(4)
ë~ÀÉß Kerala 21(3) 2 13 10(1) 23(1)
£ßà¼ßÉß²ßßÊä Tamilnadu 58(5) 6 5 15 20(2) 24(2) 64(4)
µßßÞàÊ½ßëÀã (ÐßÞ.Íßß.)Pondicherry (UT) 2 1 2 1 3
ä~Éß Total 1366(68) 66 411(9) 412(8) 391(26) 218(9) 1432(52)
àÖµµß¢ßã: (1) ~íëÏ×~íëÝ ¼ßëÝ ßÞ~Êë àËßÐ£ßßÀ ~ßÞÖÀ Ðßæà½ß£ß ~À£ßë ÑìÝ. ËßÏßÃ 2008-2009 ë~ §íìÀß²ß 16 àËßÐ£ßßÀ ~ßÞÖÀ µßæ¢ßßÄß ÍßßÛßß ë~ Âµß ¼ßëÝ µßàÀËßà£ßÃ£ß
à~¾ßë ß¾ßë ÑìÝ.
Note: (1) Figures in brackets indicate Extension Counters. 16 Extension Counters converted as full fledged branches during 2008-09.
166
²ßäÏßÞßã ~ß àËß££ßã¾ß àËßËßÀ¢ß*

²ßäÏßÞßã ë~ ÐßÞÉß²ß ÉßëÛßë ºßßÀ£ßã¾ß à²ß¾ßÞ¥ßª~ ©ËßÞ ¼ßÑß ÉßëÛßßµßÀãßª~ ª~ã ÉßëÛßßµßÀãßß ªë~ ±ßã²ß ÑÞì.
FINANCIAL STATEMENTS OF SUBSIDIARY*
* The Annexed Accounts of subsidiary are subject to Audit by the Comptroller and Auditor General of India
ß²±ßÆß ¹ßìÝ~ ¶~ß¨Ã²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß àÉßà¼ßÖëÊ

Andhra Bank Financial Services Ltd.
167
¹ßìÝ~ °ßÀß àËß££ßµßíëàÏß£ß µßæËßãÃ ßíë§ßËßÀã àÌßÉßë ¼ßëÝ ~àÊ¾ß¼ß ¼ßëÝ ²ßÐßÃÀã ¾ßæà²ßÖ
A Nursery Unit at Kadiam in East Godavari Dist. financed by the Bank
168
31.03.2009 ~íë £ßäÉß²ß µß¥ß BALANCE SHEET AS AT 31.03.2009

Particulars ²ßäÐßæ½ßã ÐßÞ. 31.03.2009 ~íë 31.03.2008 ~íë
SCH As on 31.03.2009 As on 31.03.2008
Rs. Rs.
à²ßà±ß ~ß ÐßÆíë£ß Sources of Funds :

Íßë¾ßÀ µßæÞïÌßã Share Capital 1 5,00,00,000 5,00,00,000
µßÆßÀàßà£ß¾ßíïÞ ßìÀ à±ßÍßëÏß Reserves & Surplus 2 - -
µßÆà£ßºßæ£ß ~¢ß Secured Loans - -
5,00,00,000 5,00,00,000
à²ßà±ß ~ß àËßà²ß¾ßíëÌß²ß Application of funds:

½ßÉß ßàÐ£ß¾ßíïÞ Fixed Assets 3
Ðß~Éß ¹Éßíï~ Gross Block 31,81,953 31,81,953
³ßÖßïÞ : ÐßÞà½ß£ß ¼ßæÉ¾ßÑÅßÐß Less: Accumulated Depreciation 31,79,017 31,77,800
à²ßËßÉß ¹Éßíï~ Net Block 2,936 4,153
½ßßÉßæ ßàÐ£ß¾ßíïÞ Current Assets :
Ë¾ßßµßßÀ ¼ßëÝ ÐÖíï~ Stock in Trade 4 2,16,736 3,42,926
àËßàËßà±ß §ë²ß§ßÀ Sundry Debtors 5 --- ---
²ß~§ ËßÞ ¹ßìÝ~ ÍßëÏß Cash & Bank balances 6 11,15,73,662 10,36,41,330
²¾ß ½ßßÉßæ ßàÐ£ß¾ßíïÞ Other Current Assets 7 10,08,327 28,17,895
~¢ß ßìÀ àßÆ¼ß Loans & Advances 8 11,74,79,152 11,57,73,317
ä~Éß ½ßßÉßæ ßàÐ£ß¾ßíïÞ Total Current Assets (A) 23,02,77,877 22,25,75,468
³ßÖßïÞ : ½ßßÉßæ §ë¾ß£ßßïÞ ËßÞ µßÆßËß±ßß²ß
Less : Current Liabilities & Provisions
½ßßÉßæ §ë¾ß£ßßïÞ Current Liabilities 9 9,55,003 9,56,550
µßÆßËß±ßß²ß Provisions 10 37,01,85,105 36,98,43,217
ä~Éß ½ßßÉßæ §ë¾ß£ßßïÞ Total Current Liabilities (B) 37,11,40,108 37,07,99,767

à²ßËßÉß ½ßßÉßæßàÐ£ß¾ßíïÞ Net Current Assets (A - B) -14,08,62,231 -14,82,24,299
- -14,08,62,231 -14,82,24,299
Éßßºß ËßÞ Ñßà²ß ÉßëÛßß Profit & Loss Account - Loss 19,08,59,295 19,82,20,146
5,00,00,000 5,00,00,000
ÉßëÛßíëÝµßÀ àÖµµßà¢ß¾ßíïÞ Notes to Accounts 15
ÉßëÛßß ²ßãà£ß¾ßíïÞ: Accounting policies 16
¬£ß ÐßÞ§àºßÃ£ß ²ßäÐßæà½ß¾ßíïÞ ÉßëÛßë ë~ àºß²²ß Þß ÑìÝ Schedule referred above form integral part of Accounts
è~£ßë à~ÍßíëÀ ÞÊ ËßëÝ~Ö ÐßíëàÐß¾ßëÖòÐß Ðß²ß§ã ÉßëÛßß~ßÀ

FOR KISHORE & VENKAT ASSOCIATES
Chartered Accountants
ë~.Ðß.ßÀ.ßÞÌß²ßë¾ßäÉßä à²ßÉß àßÀíë¥ßß .Éß.²ßßßëÍËßÀ ÀßËß Êã.ÌßíëàßÀßÌßä Àßë~Íß Ðßë×ã

ºßßßã§ßÀ ±¾ßß à²ß§ëÍß~ à²ß§ëÍß~ à²ß§ëÍß~
K.S.R.ANJANEYULU ANIL GIROTRA A.L. NAGESWARA RAO D..JOGIRAJU RAKESH SETHI
PARTNER CHAIRMAN DIRECTOR DIRECTOR DIRECTOR
Ðß§Ð¾ß£ßß ÐßÞ
Membership No.216283 ë~.ÀÞß²ßß¦ß Öã.¼ßß¼ßÑëÍËßÀ ÀßËß ë~.~íëÖëÍËßÀ ÀßËß
à²ß§ëÍß~ µßÆ¹ßÞ±ß à²ß§ëÍß~ ~¼µß²ßã Ðßà½ßËß
Ð¦ßß²ß: Ñì§Àß¹ßß§ K.RANGANATH T.UMAMAHESWARA RAO K.KOTESWARA RAO
Place : Hyderabad DIRECTOR MANAGING DIRECTOR COMPANY SECRETARY
à§: Date : 30.04.2009
169
31 ¼ßß½ßÃ 2009 ~íë Ðß¼ßßµ£ß ËßÏßÃ ~ß Éßßºß ËßÞ Ñßà²ß ÉßëÛßß Profit & Loss Account for the year ended 31st March 2009
àËßËßÀ¢ß Particulars SCH 31.03.2009 31.03.2008

Rs. Rs.
ß¾ß INCOMES:
à²ßËßëÍß Ë¾ßßµßßÀ Investment Business 11 (1,26,190) 3,16,44,175
¹ßíïÞÊ ËßÞ Ìß¼ßß µßÀ ¹¾ßßÌß Interest on Deposits 12 96,92,624 63,49,270
²¾ß ß¾ß Other Incomes 13 --- 98,94,045
95,66,434 4,78,87,490
Ë¾ß¾ß EXPENSES:
µßàÀ½ßßÉß²ß ËßÞ µßÆÍßßÐß²ß Ë¾ß¾ßOperating & Administrative Expenses 14 14,76,898 10,21,004
¼ßæÉ¾ßÑÅßÐß Depreciation 1,217 59,288
14,78,115 10,80,292
~À Ðßë µßÑÉßë à²ßËßÉß Éßßºß (Ñßà²ß) Profit/ (loss) Before Taxation 80,88,319 4,68,07,198
Less: Provision for Taxation - current year 8,33,097 53,00,000
²ßäÏßÞßã Éßßºß ~À ë~ àÉß µßÆßËß±ßß²ß:Provision for fringe benefit tax 8,791 6,800
Profit after tax 72,46,431 4,15,00,398
Ìßíë µßÆßËß±ßß²ß ~À ë~ µßÆßËß±ßß²ß ë~ àÉß ßËßÍ¾ß~ ²ßÑãÝ Ñì àÀÖë²ß ¹ßìÝ~ à~¾ßë ß¾ßë ÑìÝÞ: 2,00,362 ...
Add: Provision for taxation no longer required written back.
³ßÖßïÞ: µßæËßÃ à²ß±ßßÃÀ¢ß ËßÏßÃ ë~ ß¾ß~À Less: Income Tax for earlier Asst. Yrs 85,942 31,982
~À ë~ ¹ßß§ Éßßºß (Ñßà²ß) Profit / (loss) after Taxation 73,60,851 4,14,68,416
àµß¿Éßë ËßÏßÃ Ðßë Éßß¾ßß ß¾ßß Ñßà²ß:Loss b/f from previous year (19,82,20,146) (23,96,88,562)
Loss carreid to Balance Sheet (19,08,59,295) (19,82,20,146)
Earning per equity share of Rs.10 each

basic / diluted (in Rupees) 1.47 8.29
¬£ß ÐßÞ§àºßÃ£ß ²ßäÐßæà½ß¾ßíïÞ ÉßëÛßë ë~ àºß²²ß Þß ÑìÝ Schedules referred above form integral part of Accounts

K.S.R.ANJANEYULU ANIL GIROTRA A.L. NAGESWARA RAO D.JOGIRAJU RAKESH SETHI
à§: Date : 30.04.2009
170
àËßËßÀ¢ß Particulars 31.03.2009 31.03.2008

Rs. Rs.
²ßäÐßæ½ßã SCHEDULE 1 : ÞÍß µßæÞÌßã SHARE CAPITAL :
Á. µßÆßà±ßè~£ß µßæÞÌßã Authorized Capital
(Á. 10/- µßÆ£¾ßë~ ë~ 1,00,00,000 Íßë¾ßÀ 1,00,00,000 shares of Rs.10/- each) 10,00,00,000 10,00,00,000
ÌßßÀã, àºß§££ß ËßÞ µßÆ§££ß µßæÞÌßã Á. 10/- ë~ µßæ¢ßÃ µßÆ§££ß 50,00,000 ¨Ãà¬ËßÖã Íßë¾ßÀ
Issued, Subscribed & Paid up Capital 50,00,000 equity shares of 5,00,00,000 5,00,00,000
Rs.10/- each fully paid up.
²ßäÐßæ½ßã SCHEDULE 2 : µßÆßÀàßà£ß¾ßíïÞ ßìÀ à±ßÍßëÏß RESERVES & SURPLUS :
Éßßºß ßìÀ Ñßà²ß ÉßëÛßßProfit & Loss Account
ßßë Éßë Ìßß¾ßß ß¾ßß ÍßëÏß. Balance b/f (19,82,20,146) (23,96,88,562)
ÌßíëÊ/ (³ßÖßïÞ) Éßßºß/ (Ñßà²ß) Add/(Less):Profit/(Loss) 73,60,851 4,14,68,416
(19,08,59,295) (19,82,20,146)
²ßäÐßæ½ßã SCHEDULE 3 : ½ßÉß ßàÐ£ß¾ßíïÞ FIXED ASSETS :
µß²ßã ßàÐ£ß¾ßíïÞ Owned Assets :
~ß¾ßßÃÉß¾ß µß~À¢ß Office Equipment 7,270 7,270
¶~²ßãÃ½ßÀ ËßÞ à¶~âÖß Furniture & Fittings 35,791 35,791
~¼µ¾ßæÖÀ Computers 12,500 12,500
µßÖòÖë µßÀ §ã ß¾ßã ßàÐ£ß¾ßíïÞ Assets given on lease :
ÐßÞ¾ßÞ¥ß ËßÞ ¼ßÍßã²ß Plant & Machinery 31,26,392 31,26,392
Ðß~Éß ¹Éßíï~ Gross Block 31,81,953 31,81,953
³ßÖßïÞ:: ÐßÞà½ß£ß ¼ßæÉ¾ßÑÅßÐß Less : Accumulated Depreciation 31,79,017 31,77,800
à²ßËßÉß ¹Éßíï~Þ:: Net Block 2,936 4,153
Þ~µß²ßã à±ßà²ß¾ß¼ß 1956 ~ã ²ßäÐßæ½ßã XIV ë~ ²ßäÐßßÀ ¼ßß½ßÃ 31,2009 ~íë Ðß¼ßßµ£ß ËßÏßÃ ë~ àÉß ¼ßæÉ¾ßÑÅßÐß àËßËßÀ¢ß
DEPRECIATION STATEMENT FOR THE YEAR ENDED MARCH 31, 2009
As per Schedule XIV of The Companies Act, 1956 (SLM)
(Amt. in Rs.)
ßàÐ£ß Ðß~Éß ¹Éßíî~ ¼ßæÉ¾ßÑÅßÐß Ðß~Éß ¹Éßíî~
Assets Gross Block Depreciation Net Block
1.4.08 ËßÏßÃ ë~ ~Öíì£ßã 31.03.2009 31.03.2008 ËßÏßÃ ë~ 31.03.2009 31.03.2009 31.03.2008
~íë ÍßëÏß §íìÀß²ß ÌßíëÊ ~íë ä~Éß £ß~ ä~Éß àÉß £ß~ ä~Éß ~íë ~íë
Balance as Additi Deleti Total Total For the Total As on As on
on 1.4.08 ons ons as on upto year upto 31.03.09 31.3.08
during 31.03.2009 31.3.2008 31.3.2009
the
year
. ÐËßßà±ßè~£ß ßàÐ£ß¾ßíï
A. Owned Assets
~ß¾ßßÃÉß¾ß µßÐ~À
Office Equipments 7,270 - - 7,270 5,452 345 5,797 1,473 1,818
¶~²ßãÃ½ßÀ ËßÞ à¶~âÖÐß
Furniture & Fittings 35,791 - - 35,791 33,458 872 34,330 1,461 2,333
Þ~µ¾ßæÖÀ
Computers 12,500 - - 12,500 12,499 - 12,499 1 1
ä~Éß ÐËßßà±ßè~£ß ßàÐ£ß¾ßíï
Total owned Assets 55,561 - - 55,561 51,409 1,217 52,626 2,935 4,152
¹ßã. ÉßãÌß µßÀ §ã ß¾ßã ßàÐ£ß¾ßíï B. Assets given on
lease
ÐßÞ¾ßÞ¥ß ßìÀ ¼ßÍßã²ß
Plant & Machinery 31,26,392 - - 31,26,392 31,26,391 - 31,26,391 1 1
ä~Éß +¹ßã
Total A + B 31,81,953 - - 31,81,953 31,77,800 1,217 31,79,017 2,936 4,153
àµß¿Éßë ËßÏßÃ
Previous Year 31,81,953 - - 31,81,953 31,18,512 59,288 31,17,800 4,153 63,441
171

Rs. Rs.
²ßäÐßæ½ßã SCHEDULE 4 : Ë¾ßßµßßÀ ¼ßëÝ ÐÖíï~ STOCK-IN-TRADE :

Íßë¾ßÀ ËßÞ µßÆà£ßºßæà£ß¾ßíëÝ ~ß ÐÖíï~ Stock of Shares & Securities:
- Þ~µß²ßã °ßÀß µßÑÉßë Ðßë ±ßßàÀ£ß¹ßß Already held by the company 2,16,736 3,42,926
Éßßß ¾ßß ¹ßßÌßßÀ ¼ßæÉ¾ß µßÀ Ìßíë ºßã ~¼ß Ñíë (²ßæÐßæ½ßã 15 ~ß ²ßíëÖ 4 §ëÛßëÝ)
(At cost or market value whichever is less) Refer Note 4 Schedule 15 2,16,736 3,42,926
²ßäÐßæ½ßã SCHEDULE 5 : àËßàËß±ß §ë²ß§ßÀ SUNDRY DEBTORS :

µßÆà£ßºßæ£ß Ëß ¿ë ¼ßß²ßë ß¾ßë Unsecured Considered Good
¿ ¼ßÑã²ßë Ðßë µßäÀß²ßë ²ßÑãÝ Not over six months old
Ë¾ßßµßßÀ §ë²ß§ßÀ Trade Debtors
¿ ¼ßßÑ Ðßë à±ß~ µßäÀß²ßëOver Six months old Nil Nil
²¾ß ~¢ß Other Debts
µßÆà£ßºßæ£ß, ÐßÞà§¹±ß ¼ßß²ßß ß¾ßß Unsecured, Considered Doubtful
¿: ¼ßßÐß Ðßë µßäÀß²ß Over Six months old
µßÖòÖë §ë²ß§ßÀ Lease Debtors (Incab Industries Ltd) 14,35,014 14,35,014
³ßÖß¾ßë à~¾ßß ß¾ßß µßÆßËß±ßß²ß Less Provision made 14,35,014 14,35,014
²ßäÐßæ½ßã SCHEDULE 6 : ²ß~§ ßìÀ ¹ßìÝ~ ÍßëÏß CASH AND BANK BALANCES :
½ßßÉßæ Ûßß£ßíëÝ µßÀ On Current Accounts with scheduled banks 25,73,662 56,41,330
¼ßã¾ßß§ã Ìß¼ßßßëÝ µßÀ On Fixed Deposits Accounts with scheduled banks 10,90,00,000 9,80,00,000
11,15,73,662 10,36,41,330
²ßäÐßæ½ßã SCHEDULE 7 : ²¾ß ½ßßÉßæ ßàÐ£ß¾ßíïÞ OTHER CURRENT ASSETS :
Interest accrued on deposits with scheduled banks - 18,09,568
µßÆà£ßºßæ£ß ¿ß ¼ßß²ßß ß¾ßß Unsecured, Considered Good
²ß~§ Ëß ¼ßßÉß ë~ Âµß ¼ßëÝ àßÆ¼ß àÌßÐß~ß ¼ßæÉ¾ß µßÆßµ£ß ~À²ßß Ñì
Advances in cash or in kind for value to be received. 10,08,327 10,08,327
10,08,327 28,17,895
²ßäÐßæ½ßã SCHEDULE 8 : ~¢ß ßìÀ àßÆ¼ß LOANS AND ADVANCES :
µßÆà£ßºßæ£ß ¿ß ¼ßß²ßß ß¾ßß Unsecured Considered Good
µßÆ§££ß àßÆ¼ß ß¾ß~À Advance Income Tax Paid 11,08,49,673 11,10,49,673
àßÆ¼ß ~À- ²ßäÏßÞßã Éßßºß Advance Tax- Fringe benefit 25,031 16,240
µßÆà£ßºßæà£ß¾ßëßÞ µßÀ ÖãÊãÐß TDS on Securities 1,83,280 1,83,280
¹ßìÝ~ Ìß¼ßß µßÀ ÖãÊãÐß TDS on Bank Deposits 60,23,618 41,26,574
ÉßßºßßÞÍß µßÀ ÖãÊãÐß TDS on Dividends 3,97,550 3,97,550
11,74,79,152 11,57,73,317
²ßäÐßæ½ßã SCHEDULE 9 : ½ßßÉßæ §ë¾ß£ßßïÞ CURRENT LIABILITIES :
àËßàËß±ß Éßë²ß§ßÀ Ûßß£ßß Öã²ßµßãÉß Sundry Creditors A/c TNPL 8,80,412 8,80,412
àËßàËß±ß Éßë²ß§ßÀ Ûßß£ßß Öã²ßµßãÉß Sundry Creditors - TDS Payable 5,625 5,100
Ë¾ß¾ß ë~ àÉß µßÆßËß±ßß²ß Provision for expenses 44,010 45,462
µß§ß²ß ë~ àÉß µßÆßËß±ßß²ß Provision for Gratuity 24,956 25,576
9,55,003 9,56,550
172

Rs. Rs.
²ßäÐßæ½ßã SCHEDULE 10 : µßÆßËß±ßß²ßPROVISIONS :

§ßËßíë ë~ àÉß µßÆßËß±ßß²ß Provision for Claims 36,07,36,930 36,07,36,930
ß¾ß~À ë~ àÉß µßÆßËß±ßß²ß Provision for Income Tax F.Y 2001-02 32,89,987 32,89,987
ß¾ß~À ë~ àÉß µßÆßËß±ßß²ß Provision for Income Tax F.Y 2005-06 --- 5,00,000
ß¾ß~À ë~ àÉß µßÆßËß±ßß²ß Provision for Income Tax F.Y 2007-08 53,00,000 53,00,000
ë~ àÉß µßÆßËß±ßß²ß Provision for Income Tax F.Y 2008-09 8,33,097 ---
¶~¹ßãÖã ë~~ àÉß µßÆßËß±ßß²ß Provision for F.B.T. F.Y.2006-07 9,500 9,500
¶~¹ßãÖã ë~~ àÉß µßÆßËß±ßß²ß Provision for F.B.T. F.Y.2007-08 6,800 6,800
¶~¹ßãÖã ë~~ àÉß µßÆßËß±ßß²ß Provision for F.B.T. F.Y.2008-09 8,791 ---
37,01,85,105 36,98,43,217
²ßäÐßæ½ßã SCHEDULE 11 : à²ßËßëÍß Ë¾ßßµßßÀINVESTMENT BUSINESS :
µßÆßÀÞàºß~ ÐÖíï~ Opening Stock 3,42,926 90,25,521
³ßÖßïÞ: Þà£ß¼ß ÐÖíï~ Less Closing Stock 2,16,736 3,42,926
1,26,190 86,82,595
Íßë¾ßÀíëÝ ~ã à¹ßÆ~ãÞ: Sale of Shares 00 4,03,26,770
ÌßÃ²ß/ Ë¾ßßµßßÀ à²ßËßëÍß ~ß à²ßËßÉß Earnings/Net of Inv. business (1,26,190) 3,16,44,175
²ßäÐßæ½ßã SCHEDULE 12 : Ìß¼ßß µßÀ ¹¾ßßÌß INTEREST ON DEPOSITS :
¹ßì~ Ìß¼ßß µßÀ ¹¾ßßÌß Interest on Bank Deposits (Gross) 96,92,624 63,49,270
(ÐßÆíë£ß µßÀ ~ßÖß ß¾ßß ~À Tax deducted at source Rs.19,96,682/-
àµß¿Éßë ËßÏßÃ Previous year Rs.13,42,714/-) 96,92,624 63,49,270
²ßäÐßæ½ßã SCHEDULE 13 : ²¾ß ß¾ß OTHER INCOMES :
ÉßßºßßÞÍß ß¾ß Dividend Income ---- 14,837
ß¾ß~À ËßßµßÐßã µßÀ ¹¾ßßÌß Interest on Income Tax Refund ---- 98,79,208
---- 98,94,045
²ßäÐßæ½ßã SCHEDULE 14 : µßàÀ½ßßÉß²ß ßìÀ µßÆÍßßÐßà²ß~ Ë¾ß¾ß
OPERATING & ADMINISTRATIVE EXPENSES
Ëßë£ß²ß ßìÀ ºß££ßë Salaries, Allowances 4,70,727 4,52,094
ÉßÖãÐßã/¿äÖòÖã ²ß~§ã~À¢ß LTC / Encashment of Leave --- ---
µßëÍß²ß à²ßà±ß ~íë ÞÍß§ß²ß Contribution to Pension Fund 31,547 30,612
Gratuity 24,956 76,728
ÐÖß¶~ ~É¾ßß¢ß Ë¾ß¾ß ßìÀ à½ßà~£Ðßß ÐßÑß¾ß£ßß Staff Welfare Expenses and Medical aid 3,900 3,592
à~Àß¾ßß µßàÀÐßÀ Rent- Premises 24,000 24,000
à~Àß¾ßß µßàÀÐßÀ Rent- MD Quarters 49,501 ---
Êß~Ûß½ßÃ, ÖëÉßã¶~íë²ß ËßÞ ÖëÉßãßÆß¼ß Postage, Telephone & Telegrams 9,101 11,888
¾ßß¥ßßß ËßÞ ËßßÑ²ß Traveling & Conveyance 1,39,381 83,246
ÉßëÛßßµßÀãß~ ~ß µßßàÀÎÇßà¼ß~ Auditors Remuneration Statutory Audit 33,090
Tax Audit 16,545 49,635 50,562
àËßà±ß~ ËßÞ Ë¾ßßËßÐßßà¾ß~ ÍßäÉ~ Legal and Professional fees 4,87,951 33,338
àËßà±ß~ ËßÞ µßëÍßëËßÀ ÍßäÉ~ -¶ä~Ö~À Ë¾ß¾ß Legal & Professional - Out of pocket expenses 43,390 62,243
¼ßä§Æ¢ß ËßÞ ÉßëÛß²ß Ðßß¼ßßÆã Printing & Stationery 13,510 12,271
Íßë¾ßÀ Þ£ßÀ¢ß Ë¾ß¾ß Share Transfer Expenses 662 15,947
àËßàËß±ß Ë¾ß¾ß Miscellaneous Expenses 1,28,637 1,64,483
14,76,898 10,21,004
173
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ë~ àÉß 29.06.2005 £ß¾ß à~¾ßß ß¾ßß ßìÀ à¶~À ¶~ÀËßÀã 2006 1997 ¼ßëÝ ÐßÞµßæ¢ßÃ ©ËßÞ Þà£ß¼ß à²ßµßÖß²ß ªë~ Âµß ¼ßëÝ µßßËß£ßã §ã Ñì. £ß¦ßßàµß,
~íë àËßËßß§ ËßÞ Ëßß§ àËßËßß§ µßæÀë Ñíë ß¾ßë ÑìÝ. ²¾ßß¾ßà²ß¢ßÃ¾ß 20.04.2006 à¼ß±ßß²ßã ²ßë ¹ßß§ ¼ßëÝ ÐßÞàËß§ß ª~ã £ßßÀãÛß ªë~ ¹ßß§ Ðßë~ ¹¾ßßÌß ªë~ àÉß© §ßËßß
~Àë Ðßä²ßß¾ßß ß¾ßß Ñì. ²¾ßß¾ßßÉß¾ß ²ßë àÊÆ~ã µßæËßÃ ¹¾ßßÌß, µßëÝÊëÝÖ ÉßßÖ ¹¾ßßÌß àª~¾ßß Ñì. ªÞ~µß²ßã °ßÀß µßßËß£ßã ©ËßÞ ¹¾ßßÌß §ß ²ß àª~¾ßë Ìßß²ßë µßÀ
ËßÞ ºßàËßÏ¾ß ë~ ¹¾ßßÌß ë~ Âµß ¼ßëÝ 12% ~ã ²ßä¼ßà£ß §ã Ñì. àÊÆ~ã ë~ à¼ß±ßß²ßã àËßËßß§ Ðßà¼ßà£ß (ÐßãßëÊã) Ðßë à¼ßÉßß àÌßÐß²ßë à¼ß±ßß²ßã ª~íë àËßËßß½ßª~
²ßäÐßßÀ, Öã²ßµßãÉß ~íë Éßßºßß Á. 467 ÉßßÛß ~ã ±ß²ßËßßµßÐßã ªë~ Ð¦ßß¾ßã ¼ßÍßã²ßÀã (µßã©¼ß©) Ðßë à¼ßÉß²ßë ªë~ àÉß© ª~Ñß àÌßÐßªë~ µßßÐß
~À²ßã Ñì. ¼ßß¼ßÉßß àËß½ßßÀß±ßã²ß Ñì. ªÞ~µß²ßã ªë~ µßßÐß ª~ß²ßæ²ßã ÐßÉßßÑ Ñì àÌßÐß¼ßëÝ ª~Ñß
Öã²ßµßãÉß ²ßë ¼ßß²ß²ßã¾ß ÐßËßíëÃ½ß ²¾ßß¾ßßÉß¾ß ¼ßëÝ ¼ß§ÆßÐß ë~ ½ß ²¾ßß¾ßßÉß¾ß ß¾ßß Ñì àª~ à¼ß±ßß²ßã ª~ß §ßËßß Ëßì±ß ²ßÑãÝ Ñì. £ßó ª~íë¨Ã µßÆßËß±ßß²ß ²ßÑãÝ
ë~ à²ß¢ßÃ¾ß ë~ àËßÁ« µßãÉß §ß¾ßÀ ~ã Ñì. Þ~µß²ßã ë~ ~ßÞàÐßÉß ë~ àª~¾ßß ß¾ßß Ñì.
àËßÀíë±ß ë~ ¹ßßËßÌßæ§ ¼ßß²ß²ßã¾ß ½ß£ß¼ß ²¾ßß¾ßßÉß¾ß ²ßë ÐßÉßµßã ÐËßã~ßÀ Ê.) ËßÏßÃ 1994 ¼ßëÝ ª~¼µß²ßã ²ßë à§²ßßÞª~ 28.9.1994 ªë~ ©ª~ ²ßä¹ßÞ±ß ªë~
à~¾ßß Ñì ßìÀ ßËßÍ¾ß~ ÉßãËß ~ã ¼ßÞÌßæÀã ~ã Ñì. Ðßß¦ß àª~ Ðßºßã µßã©Ðß¾ßæ ª~íë ß¨ÃÐßãÊã ªë~ ¼ßæÉß ©ËßÞ ¹¾ßßÌß ÀßàÍß ªë~
Ûß) Öã©²ßµßã©Éß °ßÀß §ß¾ßÀ ¼ßäª~§¼ßë ªë~ ¼ßß¼ßÉßë ¼ßëÝ ¼ß§ÆßÐß ^½½ß ²¾ßß¾ßßÉß¾ß ºßäß£ßß²ß ª~À²ßë ªë~ µßÍ½ßß£ßò ÐßÞàËß§ß£¼ßª~ §À µßÀ ¹¾ßßÌß ª~ß ºßäß£ßß²ß àª~¾ßß
°ßÀß Á.1.88 ª~ÀíëÊ µÉßÐß ¹¾ßßÌß ªë~ àÉß© µßßàÀ£ß àÊªÆ~ã ªë~ àËßÀíë±ß ¼ßëÝ Ìßß©ßß ßìÀ ^Ðß²ßë ß¨ÃÐßãÊã 153 ©ËßÞ 155 ¼ßæÉß ÀßàÍß ªë~ µßÆà£ß Á
ªÞ~µß²ßã ²ßë ©ª~ µßãÉß §ß¾ßÀ ª~ã àÌßÐßëë àÊËßãÌß²ß ¹ßÞë½ß ¼ß§ÆßÐß ^½½ß 100 ÉßßÛß µßÆ£¾ßë~ à§ÉÉßã }~ß¨²ßìÝàÍß¾ßÉß ª~ßµßíëÃÀëÍß²ß ª~íë ºßäß£ßß²ß àª~¾ßß
²¾ßß¾ßßÉß¾ß °ßÀß ÐËßãª~ßÀ àª~¾ßß ß¾ßß ßìÀ ªÞ~µß²ßã ²ßë àÊªÆ~ã ÀßàÍß ª~ã Ñì. ¹ß ÐßÞàËß§ß£¼ßª~ Ëßà±ß ªë~ àÉß© Á 7,08,000 ª~ã ¹¾ßßÌß ª~ã
©ª~ à£ßÑß¨Ã ªë~ Âµß ¼ßëÝ Á.1.42 ª~ÀíëÊ ©ËßÞ Á.80,351 àÊªÆ~ã ÀßàÍß ÀßàÍß ªë~ àÉß© §ßËßß Ñì àÌßÐßë ªÞ~µß²ßã ²ßë 9.8.2004 ª~íë ºßäß£ßß²ß ª~À
ªë~ ©ª~ à£ßÑß¨Ã ªë~ Âµß ¼ßëÝ Ìß¼ßß àª~¾ßß. à§¾ßß Ñì. à}~À ºßã Ðßºßã §ë¾ß£ßßßëÝ ªë~ ºßäß£ßß²ß ªë~ ¹ßß§, ¾ßà§ ªä~¿ ¹ß½ß£ßß
Ñì £ßíë ²¾ß µßã©Ðß¾ßæ ªë~ Ðßß¦ß à§ÉÉßã }~ß¨²ßìÝàÍß¾ßÉß ª~ßµßíëÃÀëÍß²ß ß¨ÃÐßãÊã
ª~¼µß²ßã °ßÀß §ß¾ßÀ µßãÉß µßÀ 13.07.2004 ª~íë ¼ß§ÆßÐß ^½½ß
ª~ã µßàÀµß{Ëß£ßß £ßßÀãÛß Ðßë ºßäß£ßß²ß £ßßÀãÛß £ßª~ ¹¾ßßÌß ªë~ àÉß© Ðß¼ßß²ßäµßßà£ßª~
²¾ßß¾ßßÉß¾ß ªë~ àÊËßãÌß²ß ¹ßëÝ½ß ªë~ Ðß¼ßß Ðßä²ßËßß¨Ã ë~ àÉß© ß¾ßß ©ËßÞ
ß±ßßÀ µßÀ §ßËßß ª~À²ßë ª~ß à±ßª~ßÀ Ñì.
à²ßµßÖß²ß ªë~ àÉß© ªÞ~µß²ßã ª~íë ©ª~ Ðßµ£ßßÑ ªë~ Þ§À µß²ßß µßÆÐ£ßßËß µßÆÐ£ßä£ß
ª~À²ßë ªë~ àÉß© ß§ëÍß à§¾ßß ßìÀ ~¼µß²ßã ²ßë µßÆÐ£ßä£ß à~¾ßß. Öã²ßµßãÉß ½ß) àËßÍßëÏß ²¾ßß¾ßßÉß¾ß, ¼ßä¼¹ß¨ÃÃ ë~ ²¾ßß¾ßà²ß¢ßÃ¾ß ë~ µßàÀ¢ßß¼ßÐËßÂµß µßÆà£ßºßæà£ß¾ßíëÝÞ
²ßë Ìßß²ß~ßÀã §ã à~ ²ßë~ à²ß§ëÍß~ ¼ßÞÊÉß ²ßë ~¼µß²ßã (¹ßã¶~ÐßÉß) ~ß µß£ßß Éßßß²ßë ì~²ß¹ßìÝ~ ¶~ß²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß àÉßà¼ßÖëÊ °ßÀß §ß¾ßÀ
°ßÀß à§¾ßë ß¾ßë ßî¶~À ~íë ÐËßã~ßÀ ²ßÑãÝ à~¾ßß Ñì. ¼ßß¼ßÉßë ~íë àËßàËß±ß ¾ßßà½ß~ß ²ßÞ 36 ë~ ²ßäÐßßÀ, ~¼µß²ßã ~íë à~Ðßã ºßã µßÆ~ßÀ ~ã
29.06.2005 ~íë Ðßä²ßËßß¨Ã ë~ àÉß £ß¾ß à~¾ßß ß¾ßß ßìÀ à¶~À §ë¾ß£ßß ²ßÑãÝ Ñíëßã.
174
SCHEDULE 15 : NOTES TO ACCOUNTS: counter arguments were completed. The judgment

is awaited.
1. Interest on Inter Corporate Deposits A/c M/s. Kudremukh
Iron Ore Co Ltd. The dispute between the company and c) The suit filed against M/s. Incab Industries Ltd in Delhi
M/s. Kudremukh Iron Ore Co Ltd [KIOCL] was settled High Court, for realization of lease rentals amounting
during the year 2003-04. However, KIOCL has reserved to Rs.45.29 lacs since October 1992, is pending for
right to claim on pro-rata basis along with other PSUs in appointment of the third arbitrator . In the mean time
case of surplus arising after meeting all liabilities, for the M/s Incab Industries Ltd., submitted a proposal before
interest from the date of maturity of Inter Corporate the Board for Industrial and Financial Reconstruction
Deposits up to the date of payment. [ BIFR]. The company filed a petition before the Board
[BIFR] who has permitted the company to take
2. a) A winding up petition against the company was filed
possession of the leased machinery with Incab
by Tamilnadu Newsprint and Papers Limited [TNPL]
Industries Ltd. But the workers union is protesting to
in August, 1999. The company filed an appeal before
take the machinery with a plea that some interested
the Division Bench of Madras High Court. The
parties are negotiating for takeover of Incab Industries
company repaid TNPL Rs.6.21 crore being principal
Ltd. As such, the matter is deferred for some more
and interest upto the contracted date. The company
time.
also deposited Rs.10.50 crore with the Honble Madras
High Court. The appeal filed was admitted and the However, the estimated market value of the asset is
winding up petition filed by TNPL was dismissed and got assessed by approved valuers and is valued as
treated as withdrawn by AP, High Court. Rs.20.00 lacs. As the carrying cost of the machinery
(Rs.1/- on 31.03.2009) is much below the valued cost,
The appeal filed by the company came up for hearing
there is no impairment loss on the machinery.
on 13.07.2004 before the Division Bench of Madras
High Court and passed the orders to permit the d) The company repaid the total Inter Corporate Deposits
company to submit its offer for settlement to TNPL of Rs.4.00 crore placed in l992 by M/s Mishra Dhatu
within a week and the company submitted its offer. Nigam Ltd (MIDHANI) in 1997 with interest up to the
TNPL has informed that their Board of Directors have contracted date. MIDHANI acknowledged the receipt
not accepted the offer given by the company (ABFSL). as full and final settlement in 1997. However,
The case was posted for hearing on 29.06.2005 and MIDHANI, subsequently, has made a claim for interest
again in February 2006. The arguments and counter after the contracted date. On refusal by the company
arguments are completed. The judgment was to acknowledge or pay the interest, MIDHANI has
announced on 20.04.2006. The court has allowed 12% approached the Committee On Disputes (COD) who
as pre decree interest, pendent lite interest as well as directed MIDHANI to Permanent Machinery of
future interest. As per the decree TNPL has to refund Arbitration (PMA) with whom the matter is pending.
around Rs. 467 lacs. The company has legal opinion saying that the claim
of MIDHANI is not sustainable and hence no provision
TNPL has filed an appeal against the decision of the
has been made.
Honble High Court of Madras in the Honble Supreme
Court. Despite opposition by the companys counsel, e) During the year 1994 the company has paid the
Honble Supreme Court has admitted the SLP and amounts of ICD 153 & 155 to Delhi Financial
granted the requisite leave. Corporation to the extent of principal sum of Rs.100
lacs each, with an agreement dt.28/9/1994 that the
b) Against the decree passed by the Madras High Court
contracted interest shall be paid after paying the
in the case filed by TNPL, for Rs.1.88 crore plus
Principal and Interest amount of ICD to all other PSUs.
interest, the company filed an appeal, which is
There was a claim for interest of Rs.7,08,000/- for the
admitted by the Division Bench Madras High Court
contracted period and the company has paid the same
and deposited Rs.1.42 crore and Rs.80,351 being one
on 9/08/2004. However Delhi Financial Corporation
third of the decretal amount.
has reserved the right to claim on prorata basis along
The appeal filed by the company came up for hearing with other PSUs in case of surplus arising after
on 13.07.2004 before the Division Bench of Madras meeting all liabilities, for the Interest from the date of
High Court and passed the orders to permit the maturity of ICDs to date of payment.
company to submit its offer for settlement to TNPL
f) Consequent to the Honble Supreme Courts
within a week and the company submitted its offer.
judgement upholding the judgement of Special Court,
TNPL has informed that their Board of Directors have
Mumbai the Miscellaneous Petition No.36 filed by
not accepted the offer given by the company (ABFSL).
Canbank Financial Services Ltd., for tracing of
The case was posted for hearing 29.06.2005 and
Securities, there will be no liability on the Company.
again during February 2006. The arguments and
175
3. ÐßßËßÃÌßà²ß~ ßë¥ß ë~ ¹ßßÞÊ ~ß ÐÖíî~ . Íßæ²¾ß

ä~Éß ä~Éß §ã³ßßÃËßà±Ðß
µßàÀ¼ßß¢ß Á. µßàÀ¼ßß¢ß Á. Á.
~) Íßë¾ßÀ 2,16,742 2,16,736 2,16,742 2,16,736 -
(àµß¿Éßë ËßÏßÃ ë~ ßÞ~Êë) (2,16,742) (3,42,926) (2,16,742) (3,42,926) -
4. Ë¾ßßµßßÀ ¼ßëÝ ÐÖíî~ ë~ Âµß ¼ßëÝ ÀÛßë ß¾ßë ¬ËßíëÖëÊ Íßë¾ßÀ ËßÞ µßÆà£ßºßæà£ß¾ßíëÝ ë~ ÐÖß~ ~íë Éßßß£ß ¾ßß ¹ßßÌßßÀ ¼ßæÉ¾ß µßÀ Ìßíë ºßã ~¼ß Ñíë, ¼ßæÉ¾ß²ß à~¾ßß ß¾ßß Ñì
Ìßíë ºßã ~¼ß Ñíë ßìÀ ²ß¬ËßíëÖëÊ Íßë¾ßÀ Ëß µßÆà£ßºßæà£ß¾ßíëÝ µßÀ Á. 1 µßÀ ¼ßæÉ¾ß²ß à~¾ßë ß¾ßë ÑìÝ.
µßàÀ¼ßß¢ßËßßÀ 01.04.08 01.04.2008 Æ~¾ß/ÌßíëÊ ÛßÀã§/àÀÖ²ßÃ/àËßÉßíëµß²ß à¹ßÆ~ã 31.03.09 31.03.09
~íë µßÆßÀÞàºß~ ~íë µßÆßÀÞàºß~ ~íë Þà£ß¼ß ÐÖíî~~ ~íë Þà£ß¼ß
ÐÖíï~ µßàÀ¼ßß¢ß ÐÖíï~ Á. µßàÀ¼ßß¢ß ÐÖíî~ Á.
µßæ¢ßÃ µßÆ§££ß 2,16,742 3,42,926 - - - 2,16,742 2,16,736
¨Ãà¬ËßÖã Íßë¾ßÀ
àµß¿Éßë ËßÏßÃ (7,12,673) (90,25,521) - - - (2,16,742) (3,42,926)
ë~ ßÞ~Êë)
31.03.2009 ~íë à~¾ßë ß¾ßë Ë¾ßßµßßÀ ë~ ¹ßãÐß¨Ã/²ßÐß¨Ã ¹ßäÉßëàÖ²ß ë~ ß±ßßÀ µßÀ ¬ËßíëÖëÊ ²ß¬ËßíëÖëÊ Íßë¾ßÀíëÝ ~íë µßè¦ß~ à~¾ßß ß¾ßß Ñì. Ðßë~ à£ßàÀ¬£ß
²ß¬ËßíëÖëÊ Íßë¾ßÀíëÝ ë~ ËßßãÃ~À¢ß µßÀ àËß½ßßÀ ë~ËßÉß £ß¹ß à~¾ßß Ìßß£ßß Ñì Ìß¹ß à§²ßßÞ~ 31.3.2009 ~íë ~¼ß Ðßë ~¼ß £ßã²ß ¼ßÑã²ßë ë~ µßÑÉßë ²ß~ß µßàÀ½ßßÉß²ß
à~¾ßß Ìßß£ßß Ñì.
5. ²ßäÐßæ½ßã 14 ¼ßëÝ Ðßà¼¼ßàÉß£ß µßÆ¹ßÞ±ß à²ß§ëÍß~ ~ß µßÆßàÀÎÇßà¼ß~
µßÆ¹ßÞ±ß à²ß§ëÍß~ ß²±ßÆß ¹ßìÝ~ Ðßë µßÆà£ßà²ß¾ßäà¬£ß µßÀ ÑìÝ ßìÀ ²ß~ß µßßàÀÎÇßà¼ß~ ¬£ß ¹ßìÝ~ ë~ ÐßëËßß àËßà²ß¾ß¼ß ë~ ²ßäÐßßÀ Ñì Ìßíë Ðß¼ß¾ß Ðß¼ß¾ß µßÀ Éßßßæ ²ßäÐßßÀ ÑìÝ.
àËßËßÀ¢ß 2009 2008
ÀßàÍß Áµß¾ßíëÝ ¼ßëÝ ÀßàÍß Áµß¾ßíëÝ ¼ßëÝ
Ëßë£ß²ß ßìÀ ºß££ßë 4,70,727 4,52,024
ºßàËßÏ¾ß à²ßà±ß /µßëÍß²ß ~íë ÞÍß§ß²ß 31,547 30,612
²ßäÉßßºß 1,04,015 39,528
ÉßÖãÐßã/¿äÖòÖã ²ß~§ã~À¢ß -- --
ßÆë½ßääÖã 24,956 76,728
ä~Éß 6,31,245 5,98,962
6. µßÆà£ß Íßë¾ßÀ ÌßÃ²ß ( Á. 10/- µßÆ£¾ßë~ ~ß Þà~£ß ¼ßæÉ¾ß)
àËßËßÀ¢ß 2008-09 2007-08
¼ßæÉß ¨ÃµßãÐß (Á.) 1.47 8.29
à²ßËßÉß Éßßºß (Á. ÉßßÛßíëÝ ¼ßëÝ) 73.61 414.68
Íßë¾ßÀíëÞÝ ~ã ßìÐß£ß à±ßºßßàÀ£ß ÐßÞ (Á. ÉßßÛßíëÝ ¼ßëÝ) 50.00 50.00
¼ßæÉß ÌßÃ²ß µßÆà£ß Íßë¾ßÀ (Á.) 1.47 8.29
176
3. Stock of Public Sector Bonds . NIL

Total Current Long term
Qty (Rs) Qty (Rs) (Rs)
[a] Shares 2,16,742 2,16,736 2,16,742 2,16,736
(Previous Year figures) (2,16,742) (3,42,926) (2,16,742) (3,42,926)
4. The stock of Quoted Shares & Securities held as Stock in Trade are valued at Cost or Market Value whichever is lower
and Unquoted Shares & Securities are valued at Rupee one.
Quantity wise Opening Opening Purchases/ Purchase/ Sales Closing Stock Closing
Stock Stock Additions Returns/ 31.03.2009 31.03.2009
01.04.2008. 01.04.2008 Deletions Qty. Rs.
Qty. Rs.
Equity Shares
fully paid up 2,16,742 3,42,926 -- -- -- 2,16,742 2,16,736
(Previous
years figures) (7,12,673) (90,25,521) -- -- -- (2,16,742) (3,42,926)
SCHEDULE 15 : NOTES TO ACCOUNTS :

Segregation between quoted and unquoted shares is made based on BSE/NSE bulletin for the business transacted on
31.03.2009. Further the shares are classified as unquoted, if such shares are not traded during three months period before
31.03.2009.
5. Managing Director Remuneration included in Schedule 14.

The Managing Director is on deputation from Andhra Bank and his remuneration is in accordance with the service regulations
of the said Bank as applicable from time to time.
Particulars 2009 2008

Amt in Rs. Amt in Rs.
Salaries and Allowances 4,70,727 4,52,094

Contribution to PF/Pension 31,547 30,612
Perquisites 1,04,015 39,528
LTC / Encashment of Leave
Gratuity 24,956 76,728
Total 6,31,245 5,98,962
6. Earning per share (face value of Rs. 10/- each)
Basic EPS ( Rs.) 1.47 8.29

Diluted EPS ( Rs. ) 1.47 8.29
Calculation of Basic EPS:
Net Profit ( Rs. in lacs ) 73.61 414.68
Weighted Average no of shares ( in lacs ) 50.00 50.00
Basic Earning per share ( Rs. ) 1.47 8.29
177
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(½ß) Ðßã¼ßÐß ÐßÞÛ¾ßß 2238/½ßËßß¨Ã¬¾ßæ 0472/2004-05 à§²ßßÞ~ 28 Ìß²ßËßÀã 2005 ë~ ²ßäÐßßÀ ²ß¹ßã¶~ß¨Ã ~ß Ë¾ßßµßßÀ ²ß ~À²ßë ë~ àÉß
àËßÍßëÏß ¹ßíëÊÃ ÐßÞ~Éµß µßßàÀ£ß ~ÀëÝ, Ðß ß±ßßÀ µßÀ µßÞÌßã~À¢ß ë~ àÉß Þ~µß²ßã ~ß ßËßë§²ßµß¥ß ²ßß¼ßÞÌßæÀ à~¾ßß ß¾ßß Ñì. ºßßàÀ¹ßìÝ~ ²ßë ßßë Ìßß²ß~ßÀã §ã à~
¾ßÑ Ðßäà²ßàÍ½ß£ß à~¾ßß Ìßß ¬£ß µß¥ß ~ã ÌßßÀã ~ã à£ßà¦ß Ðßë £ßã²ß ËßÏßÃ ~ã Ëßà±ß ë~ ºßã£ßÀ Þ~µß²ßã ~ã àËß££ßã¾ß ßàÐ£ß¾ßíëÝ ~ß à²ßµßÖß²ß ~À à§¾ßß Ìßß£ßß
Ñì ËßÞ Þ~µß²ßã ßìÀ ¹ßìÝâÞ~ß ßìÀ àËß££ßã¾ß ÐßÞÐ¦ßß²ß ë~ Âµß ¼ßëÝ ~²ËßÖÃ à~¾ßß Ìßß£ßß Ñì ¾ßß µßàÀÐß¼ßßµß²ß à~¾ßß Ìßß£ßß Ñì. £ß§²ßäÐßßÀ Þ~µß²ßã ²ßë µßÆ¹ßÞ±ß à²ß§ëÍß~ °ßÀß
à½ß£ß ~ßÀÃËßß¨Ã ë~ àÉß à§²ßßÞ~ 3.2.2005 ~ß ¹ßíëÊÃ ÐßÞ~Éµß µßßàÀ£ß à~¾ßß. ~¼µß²ßã à¶~àÌß~Éß ¶~ß¼ßÃ ¼ßëÝ Íßë¾ßÀíëÝ ~íë ¿íëñÊ~À àËß££ßã¾ß ßàÐ£ß¾ßëßÞ ~íë
à²ßµßÖß¾ßß Ñì.. 09.01.2008 ~íë Þ~µß²ßã ²ßë ºßßàÀ¹ßìÝ~ ~íë àËß££ßã¾ß ßàÐ£ß¾ßíëÝ ~íë à²ßµßÖß²ßë ~ã Ðßæ½ß²ßß §ã Ñì ßìÀ Þ~µß²ßã ~íë ßìÀ ¹ßìÝâ~ß ßìÀ àËß££ßã¾ß ÐßÞÐ¦ßß²ß
ë~ Âµß ¼ßëÝ ÖÅãÖ ~À²ßë ~ß ²ßäÀíë±ß à~¾ßß Ñì. 5.12.2008 ~íë ºßßàÀ¹ßìÝ~ ²ßë àËßÏß¾ßËßÐ£ßä ²ßíëÖ ~À²ßë ~ß ££ßÀ à§¾ßß Ñì
8. Þ~µß²ßã à±ßà²ß¾ß¼ß 1956 ~ã ²ßäÐßæ½ßã VI ë~ ºßßß II ~ß ÛßÞÊ 3,4(~) 4 (ß) 4 (³ß) ¼ßëÝ ²¾ß ¼ßß¼ßÉßíëÝ ¼ßë ÐßÞ¹ßÞà±ß£ß Ðßæ½ß²ßß Ìßíë ¾ßß £ßíë Íßæ²¾ß Ñì ¾ßß
Þ~µß²ßã ~íë Éßßßæ ²ßÑãÝ Ñì, ²ßÑãÝ à§¾ßß ß¾ßß Ñì.
9. àµß¿Éßë ËßÏßÃ ë~ ßÞ~Êë, ½ßßÉßæ ËßÏßÃ ë~ µßÆÐ£ßä£ßã~À¢ß ~ã µßäàÏÖ ë~ àÉß, ÌßÑíïÞ - ~ÑãÝ ßËßÍ¾ß~ Ñíë, µßä²ß:ËßßãÃè~£ß/µßä²ß:ÎÇíë¢ßãè~£ß à~¾ßß ß¾ßß Ñì.
10. µßÆßÐßÞàßª~ §ë¾ß£ßß©ïÞ ©ËßÞ §ßËßë àÌß²ÑëÝ <~¢ß ªë~ Âµß ¼ßëÝ ²ßÑãÝ ¼ßß²ßß ß¾ßß Ñì.
ª~) ÐÖëÝÊÊÃ ½ßßÖÃÊÃ ¹ßìÝª~:
ÐßÐßã¹ßã ²ßë ª~¼µß²ßã µßÀ ²ßëª~ ¾ßßà½ßª~ß©ïÞ §ß¾ßÀ ª~ã ÑìÝ àÌß²ß µßÀ ª~¼µß²ßã ª~íë àËßËßß§ Ñì.
§ßËßë ~ß àËßËßÀ¢ß 2009 2008
(Á. ~ÀíëñÊíëÝ ¼ßëÝ) (Á. ~ÀíëñÊíëÝ ¼ßëÝ)
1. àËßàºß²²ß ¹ßÆßëª~ÀíëÝ ª~ã ßëÀ Ðßë Á 91.85 ª~ÀíëÊ (àµß¿Éßë ËßÏßÃ Á. 91.85 ª~ÀíëÊ)
ªë~ ¹ßìÝª~À ½ßëª~ ªÞ~µß²ßã ªë~ ²ßß¼ß ÌßßÀã àª~¾ßë ß¾ßë ÑìÝ àÌßÐßªë~ àËßÁ« ¹ßìÝª~ ª~íë
§ë¾ß ÀßàÍß µßÆßµ£ß ²ß Ñíë²ßë ªë~ ¹ßßÀë ¼ßëÝ ª~Ñß ß¾ßß Ñì. 91.85 91.85
2.¹ßìÝª~ °ßÀß Á. 55 ª~ÀíëÊ (àµß¿Éßë ËßÏßÃ Á. 55 ~ÀíëñÊ) ÐßÐßã¹ßã °ßÀß µßÆà£ßºßæà£ß¾ßíëÝ
ª~ã ÛßÀã§ã Ñë£ßä ºßäß£ßß²ß àª~¾ßß ß¾ßß Ñì. ¹ßìÝª~ ª~ß ª~Ñ²ßß Ñì àª~ ª~¼µß²ßã ²ßë ß¹ßÞÖ²ßµß¥ß
ª~ã µßÆà£ß §ã Ñì, ²ß àª~ ¼ßæÉßµßÆà£ß. £ß: µßÆà£ßºßæà£ß¾ßíïÞ ^Ðßªë~ ²ßß¼ß Þ£ßàÀ£ß
²ßÑãÝ ª~ã Ìßß Ðßª~ã ÑìÝ. 55.00 55.00
Ûß) ²¾ß §ßËßë
Æ~¼ß ÐßÞ §ßËßíëÝ ë~ àËßËßÀ¢ß 2009 2008
Á. ~ÀíëñÊíëÝ ¼ßëÝ Á. ~ÀíëñÊíëÝ ¼ßëÝ
i ß¾ßª~À ¼ßßÞß (µßãÉß ¼ßëÝ, ²ßíëÖ 10 (Ðßã) ª~ß ÐßÞ§ºßÃ ÉßëÝ. (àßÆ¼ß ~À µßÆ§££ß 11.09 ~ÀíëñÊ) 11.09 11.11
(àµß¿Éßë ËßÏßÃ Á 11.11 ~ÀíëñÊ)
ii £ßà¼ßÉß²ßßÊä ²¾ßæÐßàµßÆÞÖòÐß ©ÞÊ µßëµßÐßÃ àÉßà¼ßÖëÊ ªè~µß¾ßß ²ßíëÖ ÐßÞÛ¾ßß 2 Þ (Ûß) ª~ß ÐßÞ§ºßÃÃ ÉßëÝ. 2.46 2.46
iii. ß¾ß~À ¼ßßÞß - à²ß±ßßÃÀ¢ß ËßÏßÃ 2002-03
(Þ~µß²ßã ²ßë Ðß ß§ëÍß ~íë µßÆºßßËß ¼ßëÝ Éßß£ßë Ñä ß¾ß~À µßãÉßëÖ àÖÅ¹ßä²ßÉß, Ñì§Àß¹ßß§ 20.06.2008
ë~ ¹ßëÝ½ß ß§ëÍß ë~ ¹ßß§ à§²ßßÞ~ 09.09.2008 ~ß µßÀËß£ßãÃ ß§ëÍß µßÆßµ£ß à~¾ßß Ñì. àËßºßßß ²ßë
±ßßÀß 220 (2) ë~ Þ£ßßÃ£ß Á. 2,38,665/- ~ã~ ¹ßÌßß¾ß Á. 21,44,100/- ë~ Âµß
¼ßëÝ à±ß~ µßàÀ~àÉß£ß à~¾ßß Ñì Ðß µßÆ~ßÀ Þ~µß²ßã Ðßë Á. 17,15,199/- ~ß ºßäß£ßß²ß ~ã ¼ßßÞß
~ã ß¾ßã Ñì. Þ~µß²ßã ²ßë µßàÀ~Éß²ß ¼ßëÝ ßÉß£ßã ~íë ÐµßÏÖ ~À£ßë Ñä 23.09.2008 ~íë µß¥ß
µßÆÐ£ßä£ß à~¾ßß Ñì ßìÀ µßàÀÍßíë±ß²ß ß§ëÍß ë~ àÉß ²ßäÀíë±ß à~¾ßß Ñì ßìÀ Ðß~ã µßÆ£ßãßß Ñì. 0. 17 --
ªä~Éß µßÆßÐßÞàßª~ §ë¾ß£ßß©ï (+¹ßã) 160.57 160.42
>µßÀ Ëßà¢ßÃ£ß ²ßíëÖ ¼ßëÝ ¹ß£ßß¾ßë ²ßäÐßßÀ ª~¼µß²ßã °ßÀß Ðßºßã §ßËßíëÝ ª~ß àËßËßß§ àª~¾ßß ß¾ßß Ñì. à}~À ºßã, §ßËßíëÝ ª~ã µßë½ßã§ßã ª~íë ±¾ßß²ß ¼ßëÝ ÀÛß£ßë Ñä© à²ß§ëÍßª~íëÝ ²ßë ²ß
§ë¾ß£ßßßëÝ ªë~ àÉß© Á 36.07 ª~ÀíëÊ ª~ß µßÆßËß±ßß²ß ª~À²ßß àËßËßëª~µßæ¢ßÃ Ðß¼ßÔßß.
ß.ß¾ßª~À
ªÞ~µß²ßã à²ß±ßßÃÀ¢ß ËßÏßÃ 1993-94 Ðßë 2002-2003 £ß~ ªë~ àÉß© µßãÉß àª~¾ßß Ñì Ìßíë Ðßãß¨ÃÖã µßãÉß ©ËßÞ ß¾ßª~À àµßÉßëÖ àÖÅ¹ßä²ßÉß/ ßÞµßÆ ªë~ ½ß ²¾ßß¾ßßÉß¾ß
ë~ ¼ßß²ß²ßã¾ß ¹ßëÝ½ß ªë~ Ðß¼ßß àËß½ßßÀß±ßã²ß Ñì. ¨²ß µßãÉßíÞë ªë~ àËß½ßßÀß±ßã²ß ÀÑ£ßë, ÖãÊã©Ðß, àßÆ¼ß ª~À ©ËßÞ ÐËß¾ßÞ ¼ßæÉ¾ßßÞàª~£ß µßÆ§££ß ª~À µßÀ àËß½ßßÀ ª~À²ßë ªë~ µßÍ½ßß£ßò
à²ßËßÉß ¼ßßÞß ªë~ àËßÁ« §ë¾ß£ßß©ïÞ à²ß¼²ßß²ßäÐßßÀ ÑìÝ.
à²ß±ßßÃÀ¢ß ËßÏßÃ 2007-2008: Þ~µß²ßã ²ßë ËßÏßÃ 2007-08 à²ß±ßßÃÀ¢ß ËßÏßÃ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ß¾ß ~À à±ßà²ß¾ß¼ß, 1961 ~ã ±ßßÀß 143 (1) ë~ Þ£ßßÃ£ß à§²ßßÞ~
20.03.2009 ß§ëÍß ë~ ²ßäÐßÀ¢ß ¼ßëÝ à§²ßßÞ~ 08.04.2009 ~íë Á. 12,52,858/- ~ã ±ß²ßËßßµßÐßã µßÆßµ£ß ~ã Ñì àÌßÐßë µßÆßÐßÞàß~ §ë¾ß£ßßßëÝ ~íë Ðß¼ßß¾ßëßàÌß£ß
à~¾ßß ß¾ßß. Þ~µß²ßã ²ßë ±ß²ßËßßµßÐßã ~ß µß¥ß µßÑÉßë Ñã µßÆÐ£ßä£ß ~À à§¾ßß Ñì.
178
7. As per the directions issued by Reserve Bank of India for registration of Non Banking Financial Companies on 9th January
1997, the Companys application for registration was rejected by RBI vide their letter No. DNBS (H)CMS No.2238/HYQ
0472/2004-05 dt.28th January 2005 requiring the company to pass a specific Board Resolution not to carry on the
business of an Non Banking Financial Institution. RBI further informed the company to ensure that within a period of 3
years from the date of issue of their said letter, the financial assets of the company are disposed of and the company is
converted into a Non-Banking Non-Financial Institution or is wound up. Accordingly the company passed Board Resolution
on 3.02.2005 to explore the course of suitable action by the Managing Director at the earliest. The company has disposed
the financial assets except the shares in Physical Form. The company has informed RBI on 09.01.2008 about disposal
of the Financial Assets and requested to treat the company as Non-Banking Non-Financial Institution. RBI replied on
05.12.2008 that it has taken the contents mentioned there in on record.
8. Information with regard to the matters in clause 3, 4 (A), 4 (C) and 4 (D) of Part-II of Schedule VI to the Companies Act,
1956 to the extent they are either NIL or not applicable to the Company has not been given.
9. The figures of the previous year have been regrouped/reclassified/rearranged wherever necessary to confirm the Current
Years presentation.
10. Contingent liabilities and Claims not acknowledged as debts.
a) Standard Chartered Bank ( SCB ):
The SCB filed various petitions on the company which the company disputed. (Rs. in crore)
Sl. Particulars of claims 2009 2008
1 Bankers Cheques for Rs.91.85 crore (Previous Year Rs.91.85 crore) issued to
company on account of various brokers against which the SCB alleges of not
receiving due consideration 91.85 91.85
2 Rs. 55.00 crore (Previous Year Rs.55.00 crore) paid towards purchase of securities
by the SCB. SCB alleges that the company has given a copy of letter of allotment and
not the original and hence the securities could not be transferred in its name 55.00 55.00
b) Other claims (Rs. in crore)

Sl. Particulars of claims 2009 2008
i. Income Tax demand (in appeal) refer note 10 (c). (Adv. Tax paid Rs.11.09crore)
(Previous Year Rs.11.11 crore) 11.09 11.11
ii. Tamilnadu Newsprints & Papers Ltd refer note No.2 (b) 2.46 2.46
iii Income Tax demand - Assessment Year 2002-03:
(Company received a consequential order dated 09.09.2008 consequent to the Income
Tax Appellate Tribunal, Hyderabad Bench order dated 20.06.2008 giving effect to this order.
The department over calculated the interest payable under section 220(2) as
Rs.21,44,100/- instead of Rs.2,38,665/- thus demanding a payment of Rs.17,15,199/-
from the company. The company has submitted a letter on 23.09.2008 explaining the
mistake in the calculation and requested for rectification order and the same is awaited). 0.17
Total Contingent Liabilities (a+b) 160.57 160.42
All the claims have been disputed by the company as explained in the notes above. However the Directors considering the
complexity of the claims, felt it prudent to provide for these liabilities for Rs.36.07 crore.
c) INCOME TAX
The Company had gone on appeals for the Assessment Years 1993-94 to 2002-03 which are pending before the CIT-
Appeals and the Honble Bench of the Income Tax Appellate Tribunal, Hyderabad / Honble High Court, Andhra Pradesh.
Pending disposal of these appeals the liabilities against the net demand after considering the TDS, Advance Tax and Self
Assessment Taxes paid is furnished here under.
Assessment Year 2007-08: The Company received on 08.04.2009 an Intimation dated 20.03.2009 Under Section 143(1) of
the Income Tax Act, 1961relating to the Assessment Year 2007-08 with a refund of Rs.12,52,858/- which was adjusted
towards contingent liabilities. The company has already submitted a letter for refund of the same.
179
ÖãÊãÐß ~ß ¹ßÆë~µß

àËß££ßã¾ß ËßÏßÃ ¹¾ßßÌß ¼ßëÝ ÍßëÏß ÖãÊãÐß Á. Ðß¼ßß¾ßíëÌß²ß Á. Ðß¼ßß¾ßíëÌß²ß ÀßàÍß ~ß à²ßËßÉß Á.
1996-97 8,19,506 - 8,19,506
1997-98 1,76,618 - 1,76,618
1998-99 1,43,69,252 (-)1,40,72,775 2,96,477
1999-00 13,41,169 (-)10,56,384 2,84,785
2000-01 5,94,555 (+)71,973 6,66,528
2001-02 4,066 4,066
2002-03 3,88,582 (-)3,30,545 58,037
2003-04 3,13,778 (-)3,13,646 132
2005-06 3,32,289 (-) 99,638 2,32,651
2006-07 3,28,702 3,28,702
2007-08 ¹¾ßßÌß ë~ àÉß ÖãÊãÐß µß½ß¾ß 13,42,714
ÉßßºßßÞÍß µßÀ ÖãÊãÐß 3,97,550
ä~Éß 66,04,448
àßÆ¼ß ~À
µßÆ§££ß àßÆ¼ß ~À ~ß ËßÏßÃËßßÀ ¹ßÆë~ µß à²ß¼²ß µßÆ~ßÀ Ñì.
Æ~¼ß ÐßÞ àËß££ßã¾ß ËßÏßÃ ÀßàÍß Áµß¾ßíëÝ ¼ßëÝ
1 1994-95 2,83,11,822
2 1995-96 4,35,81,300
3 1996-97 3,02,57,801
4 1999-00 7,08,750
5 2001-02 32,90,000
6 2006-07 8,00,000
7 2007-08 39,00,000
8 2008-09 ---
ä~Éß 11,08,49,673
180
Break up of TDS Balance

Financial Balance TDS on Adjustments Net of adjustments
year interest Rs. Rs. Amount Rs.
1996-97 8,19,506 - 8,19,506
1997-98 1,76,618 - 1,76,618
1998-99 1,43,69,252 (-)1,40,72,775 2,96,477
1999-00 13,41,169 (-)10,56,384 2,84,785
2000-01 5,94,555 (+)71,973 6,66,528
2001-02 4,066 4,066
2002-03 3,88,582 (-)3,30,545 58,037
2003-04 3,13,778 (-)3,13,646 132
2005-06 3,32,289 (-)99,638 2,32,651
2006-07 3,28,702 3,28,702
2007-08 TDS accruals for interest 13,42,714
TDS on Dividends 3,97,550
Total 66,04,448
Advance Tax
The year wise breakup of Advance Tax paid
Sl.No. Financial Year Amount in Rs.
1 1994-95 2,83,11,822
2 1995-96 4,35,81,300
3 1996-97 3,02,57,801
4 1999-00 7,08,750
5 2001-02 32,90,000
6 2006-07 8,00,000
7 2007-08 39,00,000
8 2008-09 -
Total 11,08,49,673
181
Ñ¼ßßÀë ¹ßìÝ~ ²ßë ÀßÌßãËß ßßÞ±ßã Þ£ßÀßÃÏÖÅã¾ß ¾ßÀµßíëÖÃ, Ñì§Àß¹ßß§ ë~ àÉß Ìßã¼ßßÀ ßÆæµß ~íë àËß££ßµßíëàÏß£ß à~¾ßß.
Our Bank has financed GMR Group for Rajiv Gandhi International Airport, Hyderabad
Ñ¼ßßÀë ¹ßìÝ~ ²ßë ¼ßëÐßÐßÃ ²ß ß¨Ã Éß ¨Ã àÉß., ßÆ¢ßã àËßà²ß¼ßßÃ¢ß ~ß¨Ã ~íë àËß££ßµßíëàÏß£ß à~¾ßß.
Our Bank has financed M/s. NILE Limited, a Lead Manufacturing Unit
182
ËßßàÏßÃ~ àÀµßíëÖÃ 2008 - 09 Annual Report 2008-09 ß²±ßÆß ¹ßìÝ~ ¶~ß²ßìÝàÍß¾ß²ß ÐßàËßÃÐßëÐß àÉß. Andhra Bank Financial Services Ltd.
Value of Shares and Securities as on 31.03.2009
Quantitative Analysis of Stock of Shares and Securities per scrip
à§²ßßÞ~ 31. 03. 2009 ~íë ²ß~íëÖëÊ Íßë¾ßÀ ë~ ÐÖíï~ Unquoted stock of shares as on 31. 03. 2009 (ÀßàÍß Áµß¾ßíëÝ ¼ßëÝ Amt in Rs.)
Æ~¼ß ÐßÞ àÐÆ~¼ßµß /¨Ãà¬ËßÖã Íßë¾ßÀ ~ß ²ßß¼ß ¼ßß¥ßßß Éßßß£ß Éßßß£ß ¼ßæÉ¾ß ¹ßßÌßßÀ §À ¹ßßÌßßÀ ¼ßæÉ¾ß Éßßß£ß ¾ßß ¹ßßÌßßÀ ¼ßæÉ¾ß ¼ßß¥ßßß Qty. Éßßß£ß ¾ßß ¹ßßÌßßÀ ¼ßæÉ¾ß
Sl No Name of the Scrip / Equity Shares Quantity Cost Cost Mkt. Rate Mkt. Value Ìßíë ºßã ~¼ß Ñíë 31.03.2008 Ìßíë ºßã ~¼ß Ñíë
31.03.2009 Value 31.03.2009 31.03.2009 Cost or Mkt. Cost or Mkt.
Value whichever Value whichever
is less 31.03.2009 is less 31.03.2008
1 ß±ßäà²ß~ âÐß¦ßàÖ¬Ðß àÉß. Adhunik Synthetics Ltd 3000 50.00 150000 1.00 3000.00 3000.00 3000 3000.00
2 àÛßÉß ÐßëÀëà¼ß¬Ðß àÉß. Akhil Ceramics Ltd. 5000 28.75 143750 1.00 5000.00 5000.00 5000 5000.00
3 ßÀÉßìÝ¹Ðß àÉß. Arlabs Ltd. 5000 150.00 750000 1.00 5000.00 5000.00 5000 5000.00
4 ß¾ßÃ²ß ¶~ß²ß¶ì~¹ß àÉß. Aryan Finefab Ltd. 11400 56.25 641250 1.00 11400.00 11400.00 11400 11400.00
5 Í²ßæÀ Öë¬ÐßÖßÉß à¼ßÉÐß àÉß. Ashnoor Textile Mills Ltd. 21280 89.29 1900000 1.00 21280.00 21280.00 21280 147470.40
6 ºßãÏ¼ßß àÀ¾ßÉÖã àÉß. Bhishma Realty Ltd. 3 0.00 0 1.00 3.00 0.00 3 0.00
7 ë~µßÆã~ß²ßÃ àÀ¾ßÉÖã àÉß. Capricon Realty Ltd. 3 0.00 0 1.00 3.00 0.00 3 0.00
8 Ðßã¶~ß¼ß ßßßÃà²ß¬Ðß àÉß. Cepham Organics Ltd. 6600 40.00 264000 1.00 6600.00 6600.00 6600 6600.00
9 ±ßßÀ Ðßã¼ßëÝÖ àÉß. Dhar Cement Ltd. 20300 100.00 2030000 1.00 20300.00 20300.00 20300 20300.00
10 Éßë¬ÖÅß (ÞàÊ¾ßß) àÉß. Electra (India) Ltd. 3300 37.50 123750 1.00 3300.00 3300.00 3300 3300.00
11 ßäÌßÀß£ß ÖëÉßã¶~íë²ß ë~¹ßÉÐß àÉß. Gujarat Telephone Cables Ltd.* 46850 28.75 1352688 1.00 46850.00 46850.00 46850 46850.00
12 Ëß¼ßÌßã ÞÊ àÉß HMG Industries Ltd. 4600 87.50 402500 1.00 4600.00 4600.00 4600 4600.00
13 ÞÊíë ßÉ¶~ ¬ÐßµÉßíëàÌßËÐß àÉß. ÞÊíë ßÉ¶~ Æ~ßµß àÉß.
Indo Gulf Explosives Ltd./ (Indo Gulf Corp Ltd) 4850 130.00 630500 1.00 4850.00 4850.00 4850 4850.00
14 ä~²ßßÉß ÞÌßãà²ß¾ßâÀß Þ~ àÉß. Kunal Engineering Co. Ltd. 450 170.00 76500 1.00 450.00 450.00 450 450.00
15 à²ßÀÞÌß²ß µßãÀß¼ßÉß Öë¬ÐßÖßÉß à¼ßÉÐß àÉß. Niranjan Piramal Textile Mills Ltd.8333 1.00 8333 1.00 8333.00 8333.00 8333 8333.00
16 ²ßíëËßß Éßë¬ÖÅíë ¼ßë²ßëàÖ¬Ðß àÉß Nova Electro Magnetics Ltd. 55400 51.25 2839250 1.00 55400.00 55400.00 55400 55400.00
17 µßÆëÐÖãÌß ¶ä~ÊòÐß àÉß. Prestige Foods Ltd. 2700 145.00 391500 1.00 2700.00 2700.00 2700 2700.00
18 µßÆëÐÖãÌß ½ß¼ß µßßÉßã Þ~Öë²ßÐßÃ àÉß.Prestige HM-Poly containers Ltd. 5000 42.50 212500 1.00 5000.00 5000.00 5000 5000.00
19 µ¾ßßÀëÉßßÉß Öë¬ÐßÖß¨ÃÉÐß àÉß. Pyarelal Text tile Ltd. 8333 1.00 8333 1.00 8333.00 8333.00 8333 8333.00
20 Àß¼ßµßäÀ ¶~àÖÃÉßßÌßÐßÃ àÉß. Rampur Fertilizers Ltd. 240 80.00 19200 1.00 240.00 240.00 240 240.00
21 ÎÇßã ÍßÀ Éßß¾ß ÐÖãÉÐß àÉß. Shri Ishar Alloy Steels Ltd. 2000 67.50 135000 1.00 2000.00 2000.00 2000 2000.00
22 àÐßµßß²ßã ßïÖíë¼ßíë¹ßßÉÐß àÉß Sipani Auto Mobiles Ltd. 2100 50.00 105000 1.00 2100.00 2100.00 2100 2100.00
216742 12184045 216742.00 216730.00 216742 342926.40
*ÐÖíî~ ÑíëàÉÊß ~ßµßì ~íë Íß¾ßÀ Êã¼ßëÖ ë~ àÉß ºßëÌßë ß¾ßë Shares sent to Stock Holding Corp. for Demat
183
²ßäÐßæ½ßã 16: ¼ßÑ£Ëßµßæ¢ßÃ ÉßëÛßß ²ßãà£ß¾ßíïÞ ¼ßæÉ¾ß Ðßë µßÆßµ¾ß ÀßàÍß ³ßÖß~À Éßßß¾ßß Ìßß£ßß Ñì. Íßë¾ßÀíëÝ ËßÞ µßÆà£ßºßæà£ß¾ßíëÝ ë~
~. µßÖòÖß àËß££ß ÐÖíî~ ~ß ¼ßæÉ¾ß Éßßß£ß ¾ßß ¹ßßÌßßÀ ¼ßæÉ¾ß, Ìßíë ºßã ~¼ß Ñíë, Éßßß¾ßß Ìßß£ßß Ñì.
~¼µß²ßã µßÖòÖß àËß££ß à~Àß¾ßß ~íë ¼ßß²¾ß£ßß Ðß ËßÏßÃ ¼ßëÝ §ë£ßã Ñì àÌßÐß ËßÏßÃ ¼ßëÝ ËßÑ ²ß~íëÖëÊ Íßë¾ßÀíëÝ ë~ ¼ßß¼ßÉßë ¼ßëÝ, à²ß¾ßÞ¥ß¢ß ËßÞ ££ßÀ §ßà¾ß£Ëß ~ã §èàÏÖ Ðßë ËßÞ
§ë¾ß Ñíë£ßß Ñì. ~ÀßÀ ë~ à²ßÏµßß§²ß µßÀ µßÖòÖß ÐßÞÐßß±ß²ß µßÆºßßÀ, µßÆ¹ßÞ±ß²ß ÍßäÉ~ ß¨ÃÐßãß¨Ã °ßÀß à§¾ßë ß¾ßë ¼ßß²ß~ ë~ ²ßäÐßßÀ ¼ßæÉ¾ßßÞ~²ß Á. 1/- à~¾ßß
ßìÀ ²¾ß ÐßëËßß µßÆºßßÀ ~À ß¾ß ¼ßß²ßß Ìßßßß. Ìßß£ßß Ñì. ²ß¬ËßíëÖëÊ Íßë¾ßÀíëÝ ~ã Éßß Ðßæ½ßã §ÍßßÃ¾ßã ß¾ßã Ñì ßìÀ àÌß²ß~ß
Ûß. à~Àß¾ßß ÛßÀã§ ¼ßæÉ¾ß Á. 2,16,736 Ñì.
àËß££ßã¾ß µßÆºßßÀ °ßÀß à~Àß¾ßß ÛßÀã§ Éßë²ß§ë²ß µßÀ ß¾ß Ðßã±ßã ÀëÛßß µß«à£ß ë~ ½ß. à²ßËßëÍß: Ðß £ßßÀãÛß ~ã àÐ¦ßà£ß ¼ßëÝ ~¼µß²ßã ~ß ~íë¨Ã à²ßËßëÍß ²ßÑãÝ Ñì.
ß±ßßÀ µßÀ µßàÀ~àÉß£ß ~ã Ìßß£ßã Ñì. ¿. ½ßÉß ßàÐ£ß¾ßíïÞ
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Ìßß£ßë.
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12% µßÆà£ßËßÏßÃ ~ã §À Ðßë, Ìßíë ºßã ~¼ß Ñíë, à~Àß¾ßë µßÀ ÐÖíî~ ~ß ¼ßæÉ¾ß ~ÀßÀ


à§: Date : 30.04.2009
184
SCHEDULE 16 : SIGNIFICANT ACCOUNTING POLICIES per annum whichever is lower. Stock on hire is valued at
agreement value less amounts receivable. Stock of shares
A. LEASE FINANCE :
and securities valued at cost or market value whichever is
The company recognizes lease rentals in the year in which it lower. In case of unquoted shares the valuation is made at
fallen due. The lease processing charges, management fee Re.1/- with a view to have control and accountability and also
and other service charges considered as income on execution as per the standards suggested by ICAI. A separate list of
of agreements. the unquoted shares is shown and their value is
Rs.2,16,736/-.
B. HIRE PURCHASE :
F. INVESTMENTS :
The income on hire purchase transactions by way of finance
charges is arrived at on the basis of straight line method. There are no investments as on date with the company
C. INVESTMENT BUSINESS : G. FIXED ASSETS :
Purchase and Sale of securities are accounted on execution All fixed assets including assets given on lease are valued at
of contracts. cost.
D. INTEREST : H. DEPRECIATION :
[1] Interest and other dues are not recognised until 1. Assets for own use.
received on the grounds of prudence in respect
Depreciation is provided on straight-line method on
of debts and claims.
pro rata basis in accordance with rates prescribed
1. Where suits have been filed. under Schedule XIV of the Companies Act, 1956.
2. Where accounts are considered doubtful. 2. Assets leased out.
3. Where parties are facing prolonged financial Depreciation is provided on straight line method on
difficulties. pro rata basis in accordance with rates prescribed
under Schedule XIV of the Companies Act, 1956 or
[2] Interest on Investments
writing off at 95% of the cost of the asset over the
Interest on securities and dividend on share are primary lease period in proportion of lease rentals
not recognised until the claims and counter earned during the year to total rentals for the entire
claims if any, pending on such securities are primary lease period, whichever is higher.
cleared.
The machinery under lease to M/s. Incab Industries
Dividend Income on Shares is recognised on cash Ltd is not put to use during this year also. However
basis. the company has provided depreciation during this
year as per the new Accounting Standards of ICAI.
Revenue is not recognised on the grounds of
prudence, until resolved in respect of consolidation I. Miscellaneous Expenditure.
damages, penalties, delayed payment charges as
All expenditure the benefit of which is spread over a
recovery of the amounts is not certain.
number of years is grouped under this account and is
E. STOCK IN TRADE : amortized over number of years on the basis of
estimated benefit derived in each such year.
Stock of securities are stated at cost or market value and in
the absence of regular trading under Yield to Maturity @ 12%
As per our report of even date
For Kishore & Venkat Associates

K.S.R. ANJANEYULU ANIL GIROTRA A.L. NAGESWARA RAO D. JOGIRAJU RAKESH SETHI
M.No. 216283
K. RANGANATH T. UMAMAHESWARARAO K. KOTESWARA RAO

Date : 30.04.2009
185
£ßäÉß²ßµß¥ß ÐßßÀ ËßÞ ~¼µß²ßã ~ß Ðßß±ßßÀ¢ß ~ßÀíë¹ßßÀ µßÆí¶ë ~ßÉß

I µßÞÌßã~À¢ß ¹¾ßíìÀß
µßÞÌßã~À¢ß ÐßÞÛ¾ßß 12376
Àß¾ß æ~Ö 01
£ßäÉß²ßµß¥ß ~ã à£ßà¦ß 31.03.2009
II ËßÏßÃ ë~ §íìÀß²ß ~à¥ß£ß µßæÞÌßã (ÀßàÍß Á. ÑÌßßÀíëÝ ¼ßëÝ) --
ÐßßËßÃÌßà²ß~ à²ßßÃ¼ß --
à±ß~ßÀ à²ßßÃ¼ß --
¹ßíë²ßÐß à²ßßÃ¼ß --
à²ßÌßã ËßÐ¦ßßµß²ß --
III. à²ßà±ß¾ßíëÝ ë~ ÐßÞßÆÑ¢ß ËßÞ àËß£ßÀ¢ß ~ã àÐ¦ßà£ß (ÀßàÍß Á. ÑÌßßÀíëÝ ¼ßëÝ)
ä~Éß §ë¾ß£ßßïÞ 50,000
ä~Éß ßàÐ£ß¾ßíïÞ 50,000
à²ßà±ß ÐßÆí£ë ß
µßÆ§££ß µßæÞÌßã 50,000
µßÆßÀàß£ß ËßÞ à±ßÍßëÏß -----
µßÆà£ßºßæ£ß ~¢ß ____
µßÆà£ßºßæ£ß ~¢ß ___
µßÆ¾ßíë¾ß à²ßà±ß¾ßíïÞ
à²ßËßÉß ½ßÉß ßàÐ£ß¾ßíïÞ 3
à²ßËßëÍß ___
à²ßËßÉß ½ßßÉßæ ßàÐ£ß¾ßíïÞ (1,40.862)
àËßàËß±ß Ë¾ß¾ß
ÐßÞà½ß£ß Ñßà²ß 1,90.859
IV ~¼µß²ßã ~ß ~ß¾ßÃà²ßÏµßß§²ß (ÀßàÍß Á. ÑÌßßÀíëÝ ¼ßëÝ)
Ö²ßíìÃËßÀ 9,566
ä~Éß Ë¾ß¾ß 1,478
(+)/ (-) ~À ë~ µßæËßÃ Éßßºß/Ñßà²ß 8,088
(+)/ (-) ~À ë~ ¹ßß§ Éßßºß/Ñßà²ß 7,361
µßÆà£ß Íßë¾ßÀ ÌßÃ²ß Á. 1.47
V. ~¼µß²ßã ë~ £ßã²ß ¼ßæÉß £µßß§íëÝ/Þ ÐßëËßßßëÝ ë~ Ìßßà£ßß£ß ²ßß¼ß
(ßà¦ßÃ~ Íß£ßíëÄ ë~ ²ßäÐßßÀ)
¼ß§ æ~Ö ÐßÞÛ¾ßß
£µßß§ Ëß¢ßÃ²ß à~Àß¾ßß Æ~¾ß ËßÞ ÉßãâÌßß

à§: Date : 30.04.2009
186
Balance Sheet Abstract and Companys General Business Profile
I. Registration Details
Registration No. 12376
State Code 01
Balance Sheet Date 31.03.2009
II. Capital Raised during the year (Amount in Rs. Thousands)
Public Issue
Rights Issue
Bonus Issue
Private Placement
III. Position of Mobilization and Deployment of Funds (Amount in Rs.Thousands)
Total Liabilities 50,000
Total Assets 50,000
Sources of Funds
Paid-up Capital 50,000
Reserves & Surplus

Secured Loans
Unsecured Loans
Application of Funds
Net Fixed Assets 3
Investments
Net Current Assets (1,40,862)
Misc. Expenditure
Accumulated Losses 1,90,859
IV. Performance of Company (Amount in Rs.Thosuands)
Turnover 9,566
Total Expenditure 1,478
(+)/ (-) Profit/Loss before tax 8,088
(+)/(-) Profit/Loss after tax 7,361
Earnings per share Rs. 1.47
V. Generic Names of Three Principal Products/Services of Company
(as per monetary terms)
Item Code No.
Product Description Hire purchase and Leasing

K.S.R. ANJANEYULU ANIL GIROTRA A.L. NAGESWARA RAO D. JOGIRAJU RAKESH SETHI
M.No. 216283
K. RANGANATH T. UMAMAHESWARARAO K. KOTESWARA RAO

DIRECTOR MANAGING DIRECTOR COMPANY SECRETARY
Place : Hyderabad
Date : 30.04.2009
187
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2010 ë~ §íìÀß²ß à~Ðßã ºßã µßÆ~ßÀ ~ã µßà¹Éß~ ~ã Ìß¼ßß ÐËßã~ßÀ ²ßÑãÝ ~À²ßë
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Ñßà²ß ÉßëÛßß ¼ßëÝ ÍßëÏß (1908.60) (1982.20) 26.12.2008 ~íë ÐËßã~ßÀ à~¾ßß ß¾ßß Ñì.
1. µßàÀ½ßßÉß²ß ~ã Ðß¼ßãßß ÎÇßã ßÀ.Ðß.ÀëÊòÊã, ±¾ßß ËßÞ µßÆ¹ßÞ±ß à²ß§ëÍß~, ß²±ßÆß ¹ßìÝ~ ²ßë 26.12.2008
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²ßë 26.12.2008 ~íë à£ßàÀ¬£ß à²ß§ëÍß~ ë~ Âµß ¼ßëÝ ~ß¾ßÃºßßÀ ßÆÑ¢ß à~¾ßß.
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ÉßßÛß) ¹ßì×~ £ß~ ¹ß²ßë ÀÑëÝßë.
01.04.2008 ~íë Þ~µß²ßã ~íë à²ß±ßßÃÀ¢ß ËßÏßÃ 1997-98 ë~ ÐßÞ§ºßÃ ¼ßëÝ Þ~µß²ßã ë~ Þ£ßà²ßÃ¾ß¼ß ë~ ²ßäÐßßÀ ÎÇßã ë~. ÀÞß²ßß¦ß ËßÞ ÎÇßã .Éß.²ßßßëÍËßÀ ÀßËß
ß¾ß~À à±ßà²ß¾ß¼ß 1961 ~ã ±ßßÀß 271 (1) (Ðßã) ë~ Þ£ßßÃ£ß Á. à²ß§ëÍß~ ßßß¼ßã ËßßàÏßÃ~ Ðßß±ßßÀ¢ß ¹ßì×~ ¼ßëÝ àÀÖß¾ßÀ ÑíëÝßë. Ëßë Ðßºßã µßß¥ß Ñíë²ßë
15.70 ~ÀíëÊ ~ß §ÞÊ Éßßß£ßë Ñä 31.03.2008 ~ß ß§ëÍß µßÆßµ£ß Ñäß ë~ ~ßÀ¢ß µßä²ß: à²ß¾ßäà¬£ß ë~ àÉß ß¶~À ~À£ßë ÑìÝ.
Ñì. 5. ÌßßÃ ÐßÞÀß¢ß, µßÆí®ì íëàß~ã Þ£ßÉßÃ¾ß²ß, àËß§ëÍßã ¼ßä§ßÆ ÌßÃ²ß ËßÞ Ë¾ß¾ß
à¶~À ºßã Þ~µß²ßã ²ßë ¬£ß ß§ëÍß ë~ àËßÁ« 21.04.2008 ~íë µßãÉß ~¼µß²ßã à²ß¾ß¼ß, 1988 ( à²ß§ëÍß~ ¼ßÞÊÉß ~ã àÀµßíëÖÃ ¼ßëÝ àËßËßÀ¢ß ë~ µßÆ~Ö²ß)
µßÆßà±ß~ßÀã ë~ Ðß¼ßß µßãÉß §ß¾ßÀ à~¾ßß Ñì. àËßÒß Ðßãß¨ÃÖã (µßãÉß) - II, ë~ Ðßß¦ß µßà×£ß ~¼µß²ßã à±ßà²ß¾ß¼ß 1956 ~ã ±ßßÀß 217 (1) (¨Ã) ë~
Ñì§Àß¹ßß§ °ßÀß ±ßßÀß 271 (1) (Ðßã) ë~ Þ£ßßÃ£ß Éßßß¾ßß ß¾ßß §ÞÊ Þ£ßßÃ£ß µßÆ~Ö²ß à~¾ßë Ìßß²ßë ËßßÉßë ÌßßÃ ë~ ÐßÞÀß¢ß, Öë¬²ßßÉßÌßã Þ£ßÉßÃ¾ß²ß,
26.08.2008 ~íë À§ò§ à~¾ßß ß¾ßß Ñì. àËßºßßß ²ßë ß¨ÃÖãÖã, Ñì§Àß¹ßß§ ë~ àËß§ëÍßã ¼ßä§Æß ÌßÃ²ß ßìÀ Ë¾ß¾ß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ àËßËßÀ¢ß ¾ßß £ßíë Íßæ²¾ß Ñì ¾ßß Éßßßæ
Ðß¼ßß µßãÉß ~ß àËßËßß§ à~¾ßß Ñì. ²ßÑãÝÞ ÑìÝ.
2. µßà¹Éß~ ~ã Ìß¼ßß 6. ~¼ßÃ½ßßÀã ë~ àËßËßÀ¢ß
Ëß£ßÃ¼ßß²ß ¼ßëÝ ~~¼µß²ßã ë~ µßßÐß à~Ðßã ºßã µßÆ~ßÀ ~ã µßà¹Éß~ ~ã Ìß¼ßß ²ßÑãÝ Ñì. ~¼µß²ßã ~ß ~íë¨Ã ºßã ~¼ßÃ½ßßÀã Á. 24,00,000 µßÆà£ßËßÏßÃ ¾ßß Á. 2,00,000
~¼µß²ßã ²ßë ËßÏßÃ 2008-09 ë~ §íìÀß²ß ßìÀ-¹ßìÝâ~ß àËß££ßã¾ß ~¼µß²ßã (àÀÌßËßÃ µßÆà£ß ¼ßßÑ ~ß µßßàÀÎÇßà¼ß~ ~ß ßÑÀ¢ß ²ßÑãÝ ~À²ßë ë~ ~ßÀ¢ß ¾ß¦ßßÐßÞÍßßëà±ß£ß
¹ßìÝ~) à²ß§ëÍß, 1998 ë~ µßÆßËß±ßß²ßíëÝ ë~ Þ£ßßÃ£ß Ìß²ß£ßß Ðßë à~Ðßã ºßã µßÆ~ßÀ ~ã
188
DIRECTORS REPORT Non-Banking Financial Companies ( Reserve Bank )

Directions, 1998. The Board of Directors of the company also
To the Members, resolved not to accept any Public Deposits during the year
Your Directors are pleased to present the 18th Annual Report 2009-10.
of the Company together with the Audited Statement of 3. Certificate of Registration.
Accounts for the year ended 31st March, 2009.
The company has submitted an application to Reserve Bank
The Financial Highlights of the Company for the year ended of India (RBI) for grant of a Certificate of Registration to carry
31st March, 2009 is summarized below: on the Business of a Non Banking Financial Institution (NBFI)
(Amount in lacs) as required under Section 45 IA (1) of the Reserve Bank of
India Act 1934. During the year 2005, RBI has notified
2008-09 2007-08 rejecting the application.
Total Income 95.66 478.87 Further it is informed that the company still continues to be
governed by the relevant provisions of the Act and various
Operating and Administrative 14.77 10.21 directions/ instructions issued by RBI from time to time until
Expenses such time the company continues to be an NBFI and advised
Profit before depreciation 80.89 468.66 to ensure that within a period of three years from the date of
Less : Depreciation 0.01 0.59 issue of RBI letter, the financial assets of the company are
disposed of and the company is converted into a Non-Banking
Profit before tax 80.88 468.07
NonFinancial Institution or is wound up. The company has
Less : Provision for Current 8.33 53.00 disposed of the financial assets except the shares in Physical
Taxation Form. The company informed RBI on 09.01.2008 about
Less : Provision for Fringe 0.09 0.07 disposal of the Financial Assets and requested to treat the
Benefit Tax company as Non-Banking Non-Financial Institution. RBI
Profit after tax 72.46 415.00 informed the company on 05.12.2008 that it has noted the
contents.
Add : Balance in the Profit (1982.20) (2396.88)
& Loss A/c 4. Board of Directors.
Add : Excess provision for tax 2.00 -- Shri N Vijaya Kumar, Director who has been on the Board
for earlier years since 23.09.2006, resigned from the Board on account of his
Less : Provision for tax 0.86 0.32 superannuation from Andhra Bank as General Manager and
earlier years the same was accepted w e f 26.12.2008.
Balance in P & L A/c to be (1908.60) (1982.20) Shri R S Reddy, Chairman & Managing Director of Andhra
carried to Balance Sheet Bank resigned w e f 26.12.2008..
1. Review of Operations Shri Rakesh Sethi, General Manager, and Shri D Jogi Raju,
General Manager of Andhra Bank joined the Board w e f
The income mainly consists of interest on Bank Deposits .The 26.12.2008.as an additional directors.The newly joined
company earned a profit of Rs.72.46 lacs during the year Directors hold office upto the forthcoming Annual General
2008-09 ( Rs.415.00 lacs Profit in 2007-08 ) after providing Meeting of the Company.
for depreciation and Income Tax and Fringe Benefit Tax. The
company still carries a net loss of Rs.1908.60 lacs as on 31st As per the Articles of Association the company, Shri
March, 2009 ( Rs.1982.20 lacs loss in 2007-08 ). K.Ranganath and Shri A L Nageswara Rao, directors retire
by rotation in the forthcoming Annual General Meeting. All of
The Company has received on 01.04.2008, an order dated them, being eligible, offer themselves for reappointment..
31.03.08 relating to Assessment Year 1997-98 levying penalty
under section 271(1)(c) of Income Tax Act 1961, of Rs.15.70 5. Conservation of Energy, Technology Absorption,
crore. However, the company filed an appeal against the Foreign Exchange Earnings and outgo:
above order before the Appellate Authority on 21.04.2008.The The particulars relating to Conservation of Energy, Technology
Penalty levied under section 271(1)(c) was cancelled on merit Absorption, Foreign Exchange Earnings and outgo, as
on 26.08.2008 by the learned CIT(Appeals)-II, Hyderabad. required to be disclosed under Section 217 (1) (e) of the
The Department contested the appellate order before the Companies Act, 1956 read with the Companies ( Disclosure
ITAT, Hyderabad. of particulars in the Report of Board of Directors ) Rules,
2. Public Deposits. 1988 are either NIL or are not applicable.
The company is not presently holding any Public Deposits. 6. Particulars of Employees:
During the year 2008-09 the company has not accepted any As required under Section 217 (2A) of the Companies Act,
deposits from the public within the meaning of provisions of 1956 read with the Companies ( Particulars of Employees)
189
~¼µß²ßã à²ß¾ß¼ß (~¼ßÃ½ßßÀã ë~ àËßËßÀ¢ß) 1975 ë~ Ðßß¦ß µßà×£ß ~¼µß²ßã à±ßà²ß¾ß¼ß 1. ÎÇßã .Éß.²ßßßëÍËßÀ ÀßËß : à²ß§ëÍß~
1956 ~ã ±ßßÀß 217 (2) ë~ Þ£ßßÃ£ß µßëàß£ß ²ßäÐßßÀ ~¼ßÃ½ßßàÀ¾ßíëÞ ë~ 2. ÎÇßã Ðß. Ðßæ¾ßÃ²ßßÀß¾ß¢ß : à²ß§ëÍß~
àËßËßÀ¢ß ~íë Íßæ²¾ß ¼ßß²ßß Ìßß. 3. ÎÇßã Êã. ÌßíëàßÀßÌßä : à²ß§ëÍß~
7. à²ß§ëÍß~ ££ßÀ§ßà¾ß£Ëß àËßËßÀ¢ß 4. ÎÇßã Àßë~Íß Ðßë×ã : à²ß§ëÍß~
à²ß§ëÍß~ ££ßÀ§ßà¾ß£Ëß àËßËßÀ¢ß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ~¼µß²ßã à±ßà²ß¾ß¼ß, 1956 ~ã 9.ÉßëÛßß µßÀãß~.
±ßßÀß 217 (2) ë~ Þ£ßßÃ£ß µßëàß£ß ²ßäÐßßÀ à²ß§ëÍß~ £ß§ò°ßÀß µßäÏÖ
~À£ßë ÑìÝ à~: ¼ßëÐßÐßÃ à~ÍßíëÀ ÞÊ ËßëÝ~Ö ÐßíëàÍß¾ßëÖòÐß, Ðß²ß§ã ÉßëÛßß~ßÀ, Ñì§Àß¹ßß§ àËß££ßã¾ß
ËßÏßÃ 2008-09 ë~ àÉß ~¼ÖÅÆíëÉßÀ ËßÞ ßîàÊÖÀ Ìß²ßÀÉß ßî¶~ ÞàÊ¾ßß °ßÀß
(i) 31. ¼ßß½ßÃ 2009 ~íë àËß££ßã¾ß ËßÏßÃ ~ã Ðß¼ßßàµ£ß ë~ àÉß ËßßàÏßÃ~ ÉßëÛßíëÝ ÐßßÞàËßà±ß~ ÉßëÛßßµßÀãß~ ë~ Âµß ¼ßëÝ à²ß¾ßä¬£ß à~¾ßß ß¾ßß Ñì. ~¼µß²ßã à±ßà²ß¾ß¼ß,
ë~ £ßì¾ßßÀã ë~ àÉß ¼ßëÖãàÀ¾ßÉß àÊµßß½ßÃÀ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ à½ß£ß ÐµßÏÖã~À¢ß 1956 ~ã ±ßßÀß 619 (¹ßã) ë~ µßÆßËß±ßß²ß ~¼µß²ßã ë~ àÉß Éßßßæ ÑìÝ.
Ðß¼ßë£ß Éßßßæ ÉßëÛßß ¼ßß²ß~ µßßÉß²ß à~¾ßë ß¾ßë ÑìÝ.
10. ßºßßÀ µßÆ§ÍßÃ²ß
(ii) ²ÑíëÝ²ßëÝ Ðß µßÆ~ßÀ ~ã ÉßëÛßß²ßãà£ß ~ß ½ß¾ß²ß à~¾ßß Ñì ßìÀ ²ÑëÝ Éßßß£ßßÀ
Éßßßæ à~¾ßß Ñì ßìÀ ÌßÌß¼ßëÝÖ ßìÀ ²ßä¼ßß²ß à~¾ßë ÑìÝ Ìßíë à½ß£ß ËßÞ àºßÀß~, ¼ßß²ß²ßã¾ß àËßÍßëÏß ²¾ßß¾ßßÉß¾ß, ¼ßäÞ¹ß¨Ã, àËß££ß ¼ßÞ¥ßßÉß¾ß (àËß££ßã¾ß ÐßëËßß
àËßËßë~µßæ¢ßÃ ÑìÝ £ßßà~ àËß££ßã¾ß ËßÏßÃ ~ã Ðß¼ßßàµ£ß ~íë ~¼µß²ßã ë~ ~ß¼ß~ßÌß ßë¥ß), ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ËßÞ ~¼µÖÅíëÉßÀ ÞÊ ßïàÊÖÀ Ìß²ßÀÉß ßî¶~ ÞàÊ¾ßß
~ß ÐßÑã ËßÞ à½ß£ß à½ß¥ß ßìÀ àËß££ßã¾ß ËßÏßÃ Ñë£ßä ~¼µß²ßã ~ß Éßßºß/Ñßà²ß ~íë ²ßë~ ¼ßßßÃ§ÍßÃ²ß, Ðß¼ß¦ßÃ²ß, ËßÞ ~¼µß²ßã ~íë ÐßÑ¾ßíëß ë~ àÉß à²ß§ëÍß~
µßÆÐ£ßä£ß ~À ÐßëÝ~.Ý ±ß²¾ßËßß§ §ë£ßë ÑìÝ.
(iii) à²ß§ëÍß~íëÝ ²ßë ~¼µß²ßã ~ã ßàÐ£ß¾ßíëÝÞ ~ã ÐßäÀßß ë~ àÉß ~¼µß²ßã à±ßà²ß¾ß¼ß, à²ß§ëÍß~ µßì£ßè~ ¹ßìÝ~ ¾ßß²ßã à~ ß²±ßÆß ¹ßìÝ~ ~íë, ²ßë~ °ßÀß à§¾ßë ß¾ßë Ðß¼ß¦ßÃ²ß
1956 ë~ µßÆßËß±ßß²ßíëÝ ë~ ²ßäÐßßÀ µß¾ßßÃµ£ß ÉßëÛßß Àë~ßÊÃ ë~ à²ßËßÃÑ¢ß ë~ ËßÞ à²ß§ëÍß ë~ àÉß ±ß²¾ßËßß§ §ë£ßß Ñì. ¹ßíëÊÃ ßßë ºßã à²ß§ëÍß~íëÝ ë~ µß²ßë
àÉß ËßÞ ±ßíëÛßß±ßÊã ßìÀ ²¾ß à²ß¾ßà¼ß£ß£ßßßëÝ ~ß µß£ßß Éßßß²ßë à½ß£ß ~ß¾ßÃ~ßÉß ë~ §íìÀß²ß §ã ß¾ßã ÐßëËßßëßÞ ËßÞ ¼ßæÉ¾ß ¼ßßßÃ§ÍßÃ²ß ë~ àÉß µßÆÍßÞÐßß
ËßÞ µß¾ßßÃµ£ß ±¾ßß²ß ÀÛßß Ñì. ~íë Àë~ßÊÃ ~À£ßß Ñì.
(iv) à²ß§ëÍß~íëÝ ²ßë à²ßÀÞ£ßÀ ß±ßßÀ µßÀ 31 ¼ßß½ßÃ 2009 ~ã àËß££ßã¾ß ËßÏßÃ ~ã è~£ßë à²ß§ëÍß~ ¼ßÞÊÉß ËßÞ ~ã ßëÀ Ðßë
Ðß¼ßßàµ£ß ~íë ËßßàÏßÃ~ ÉßëÛßíëÝ ~ã £ßì¾ßßÀã ~ã Ñì.
8. ÉßëÛßß µßÀãßß Ðßà¼ßà£ß. Ð¦ßß²ß: Ñì§Àß¹ßß§ (à²ßÉß àßÀíë¥ßß)
~¼µß²ßã à±ßà²ß¾ß¼ß, 1956 ~ã ±ßßÀß 292 ë~ µßÆßËß±ßß²ßíëÝ ²ßäÐßßÀ, ~¼µß²ßã à§²ßßÞ~: 30.04.2009 ±¾ßß
²ßë à²ß¼²ßàÉßàÛß£ß à²ß§ëÍß~ Ðß¼ßë£ß ÉßëÛßß µßÀãßß Ðßà¼ßà£ß ~ß ß×²ß à~¾ßß Ñì. :
190
Rules, 1975 as amended may be treated as NIL as no 1. Shri A L Nageswara Rao : Director
Employee of the Company is drawing a remuneration of
2. Shri S Suryanarayana : Director
Rs.24,00,000/- p.a. or Rs.2,00,000/- p.m.
3. Shri D Jogi Raju : Director
7. Directors Responsibility Statement.
4. Shri Rakesh Sethi : Director
Pursuant to the requirement under Section 217 (2AA) of the
Companies Act, 1956 with respect to Directors Responsibility 9. Auditors
Statement, the Directors hereby confirm that :
M/s.Kishore & Venkat Associates, Chartered Accountants,
(i) in the preparation of the Accounts for the Financial Year Hyderabad have been appointed as Statutory Auditors of the
ended 31st March 2009, the applicable Accounting Standards Company by the Comptroller & Auditor General of India for
have been followed along with proper explanation relating to the financial year 2008-09. The provisions of Section 619 (B)
material departures; of the Companies Act, 1956 are applicable to the Company.
(ii) they have selected such accounting policies and applied 10. Acknowledgments.
them consistently and made judgements and estimates that
The Directors thank the Custodian, Honble Special Court,
are reasonable and prudent so as to give a true and fair view
Mumbai, Ministry of Finance ( Financial Services Sector ),
of the state of affairs of the company as at the end of the
Reserve Bank of India, and Comptroller & Auditor General of
financial year and of the profit / loss of the company for the
India for their valuable guidance, support and cooperation to
Financial Year;
the Company.
(iii) the directors have taken proper and sufficient care for
The Directors gratefully acknowledge the support and
the maintenance of adequate accounting records in
direction provided by the parent Bank i.e Andhra Bank.The
accordance with the provisions of the Companies Act, 1956
Board further places on record its appreciation for the services
for safeguarding the assets of the company and for preventing
rendered and valuable guidance provided by the directors
and detecting fraud and other irregularities;
during their tenure in the Board.
(iv) the directors have prepared the Annual Accounts for the
For and on behalf of the Board of Directors
financial year ended 31st March 2009 on a going concern
basis.
8. Audit Committee. Place: Hyderabad (Anil Girotra)
Date : 30.04.2009 CHAIRMAN
In accordance with the provisions of Section 292 A of the
Companies, Act 1956, the Company has constituted / re
constituted an Audit Committee comprising of the following
Directors at present:
191
ÉßëÛßß µßÀãß~ ~ã àÀµßíëÖÃ

à~ÍßíëÀ ÞÊ ËßëÝ~Ö ÐßíëàÐß¾ßëÖòÐß 30 µßÆìÉß 2009
Ðß²ß§ã ÉßëÛßß~ßÀ
ÐßëËßß ¼ßëÝ Ø ~¼µß²ßã ë~ à²ß§ëÍß~ ¼ßÞÊÉß ²ßë ÐßßËßÃÌßà²ß~ Ìß¼ßß ÐËßã~ßÀ ²ßÑãÝ ~À²ßë ~ß
Ðß§Ð¾ß ÐßÞ~Éµß µßßàÀ£ß à~¾ßß Ñì.
ß²±ßÆß ¹ßìÝ~ ¶~ß²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß àÉßà¼ßÖëÊ Ø ~¼µß²ßã ²ßë ÐßÞ§ºßßÃ±ßã²ß ËßÏßÃ ¼ßëÝ ~íë¨Ã ÐßßËßÃÌßà²ß~ Ìß¼ßß ÐËßã~ßÀ ²ßÑãÝ ~ã Ñì.
Ñì§Àß¹ßß§ Ø ~¼µß²ßã ²ßë µß²ßë µßÀ Éßßßæ ß¾ß à²ß±ßßÃÀ¢ß, ÉßëÛßß ¼ßß²ß§ÞÊ, ßàÐ£ß ËßßãÃ~À¢ß
Ñ¼ß²ßë ß²±ßÆß ¹ßìÝ~ ¶~ß²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß àÉßà¼ßÖëÊ ë~ 31 ¼ßß½ßÃ 2009 ~ß ßìÀ Íßíë±¾ß Ëß ÐßÞà§±ß ~¢ßíëÝ ë~ àÉß µßÆßËß±ßß²ß Ðßë ÐßÞ¹ßÞà±ß£ß àËßËßë~µßæ¢ßÃ
£ßäÉß²ßµß¥ß ßìÀ Ðßë~ µßàÀàÍßÏÖ ¼ßëÝ §ã ß¾ßã Ðßã à£ßà¦ß ~íë Ðß¼ßßµ£ß ËßÏßÃ ë~ ~¼µß²ßã ¼ßß²ß§ÞÊíëÝ ~ß ²ßäµßßÉß²ß à~¾ßß Ñì.
ë~ Éßßºß- Ñßà²ß Ûßß£ßë ~ã ºßã ÉßëÛßß µßÀãßß ~ã Ñì. Ñ¼ßßÀã ÉßëÛßßµßÀãßß ë~ ß±ßßÀ Ø ~¼µß²ßã à±ßà²ß¾ß¼ß, 1956 ~ã ±ßßÀß 227 (4) ë~ ²ßäÐßßÀ ~¼µß²ßã àËßà±ß
µßÀ ²ß àËß££ßã¾ß àËßËßÀ¢ßíëÝ µßÀ àËß½ßßÀ µßÆÐ£ßä£ß ~À²ßß Ñ¼ßßÀã àÌß¼¼ßë§ßÀã Ñì. ¹ßíëÊÃ °ßÀß ÌßßÀã à~¾ßë ß¾ßë ~¼µß²ßã (ÉßëÛßß µßÀãß~ ~ã àÀµßíëÖÃ) ß§ëÍß,
2003 (ÐßãßÀßë 2003) ~ã µßëßß ë~ ²ßäÐßßÀ Ñ¼ß ¬£ß ß§ëÍß ¼ßëÝ
Ñ¼ß²ßë ºßßÀ£ß ¼ßëÝ Ðßß¼ßß²¾ß£ß¾ßß ÐËßãªè~£ß ÉßëÛßß µßÀãßß Ð£ßÀíëÝ ªë~ ²ßäÐßßÀ ÉßëÛßß µßÀãßß àËßà²ßà§ÃÏÖ ¼ßß¼ßÉßíëÝ µßÀ àËßËßÀ¢ß ²ßäÉß²ß~ ¼ßëÝ µßÆÐ£ßä£ß ~À ÀÑë ÑìÝ.
ª~ã Ñì. ^²ß Ð£ßÀíëÝ ªë~ ²ßäÐßßÀ Ñ¼ßÐßë ¾ßÑ µßëàß£ß Ñì àª~ àËß££ßã¾ß àËßËßÀ¢ßíëÝ ¼ßëÝ
Ø ¬£ß ÐßÞ§àºßÃ£ß ²ßä¿ë§íëÝ ¼ßëÝ ~ã ß¾ßã Ñ¼ßßÀã àÖµµßà¢ß¾ßíëÝ ë~ ±ßã²ß Ñ¼ß Ðßæà½ß£ß
¼ßÑ£Ëßµßæ¢ßÃ £ß¦¾ß ¿æÖ ²ß Ìßß© - ¨Ðß ÐßÞ¹ßÞ±ß ¼ßëÝ ^à½ß£ß ßÍËßßÐß²ß µßÆßµ£ß ª~À²ßë ªë~
~À£ßë ÑìÝ à~:
àÉß© Ñ¼ß ¾ßíëÌß²ßß ¹ß²ßß©ïÞ £ß¦ßß ÉßëÛßß µßÀãßß ª~ÀëÝ. ÉßëÛßßµßÀãßß ¼ßëÝ àËß££ßã¾ß àËßËßÀ¢ßíëÝ
l Ñ¼ß²ßë Ðßºßã Ðßæ½ß²ßß ßìÀ ÐµßÏÖã~À¢ß µßÆßµ£ß à~¾ßë ÑìÝ, Ìßíë Ñ¼ßßÀã ££ß¼ß
¼ßëÝ àª~¾ßë ß¾ßë µßÆª~Ö²ßíëÝ £ß¦ßß ÀßàÍß¾ßíëÝ ª~ß Ðß¼ß¦ßÃ²ß ª~À²ßë ËßßÉßë Ðßß¾ßíëÝ ªë~ ÐßÞ¹ßÞ±ß ¼ßëÝ
Ìßß²ß~ßÀã ßìÀ àËßÍËßßÐß ë~ ²ßäÐßßÀ Ñ¼ßßÀã ÉßëÛßß µßÀãßß §ò§ëÍ¾ß ë~
ÌßßÞ½ß ß±ßßÀ µßÀ àª~¾ßß ß¾ßß µßÀãß¢ß Ðßà¼¼ßàÉß£ß Ñì. ÉßëÛßß µßÀãßß ¼ßëÝ µßÆ¹ßÞ±ß²ß °ßÀß
àÉß ßËßÍ¾ß~ ¦ßë.
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l Ñ¼ßßÀã Àß¾ß ¼ßëÝ~ ~¼µß²ßã °ßÀß ~ß²ßæ²ß ~ã µßëßß ë~ ²ßäÐßßÀ Ûßß£ßß
àËß££ßã¾ß àËßËßÀ¢ß µßÆÐ£ßä£ßãª~À¢ß ª~ß ¼ßæÉ¾ßßÞª~²ß ºßã àª~¾ßß Ìßß£ßß Ñì. Ñ¼ßßÀß àËßÍËßßÐß
¹ßàÑ¾ßíëÝÞ ~ß ¹ß £ß~ à½ß£ß ÀÛßÀÛßßËß à~¾ßß ß¾ßß Ñì.
Ñì àª~ µß²ßã Àß¾ß Ñë£ßä ÉßëÛßß µßÀãßß ¾ß¦ßíëà½ß£ß ß±ßßÀ µßÆÐ£ßä£ß ª~À£ßã Ñì.
l Ðß àÀµßíëÖÃ ¼ßëÝ à§¾ßë ß¾ßë £ßäÉß²ßµß¥ß ßìÀ Éßßºß ËßÞ Ñßà²ß ÉßëÛßß ÉßëÛßß-¹ßÑã
1. ~¼µß²ßã ²ßë µß²ßã Þ£ßÀ ~¼µß²ßã Ìß¼ßßßëÝ ~ß ¼ßæÉß ßìÀ µßàÀµß¬Ëß£ßß à£ßà¦ß £ß~ ë~ ²ßäÂµß ÑìÝ.
¹¾ßßÌß ~ß µßä²ßºßäÃß£ßß²ß à~¾ßß Ñì. ä~¿ Ìß¼ßß~£ßßÃßëÝ ²ßë ÐßÞàËß§ß£¼ß~ à£ßà¦ß ë~
l Ñ¼ßßÀë àËß½ßßÀß²ßäÐßßÀ £ßäÉß²ßµß¥ß ßìÀ Éßßºß ßìÀ Ñßà²ß ÉßëÛßß, ~¼µß²ßã
¹ßß§ Ðßë µßä²ßºßäÃß£ßß²ß ~ã à£ßà¦ß £ß~ ¹¾ßßÌß ~ß §ßËßß à~¾ßß Ñì. ~¼µß²ßã ²ßë ëÐßë à±ßà²ß¾ß¼ß 1956 ~ã ±ßßÀß 211 ~ã µß±ßßÀß (3Ðßã) ¼ßëÝ ÐßÞ§àºßÃ£ß
§ßËßíëÝÞ ~íë ²ß £ßíë ÐËßã~ßÀ à~¾ßß Ñì ßìÀ ²ß Ñã ²ÑëÝ ß~àÐ¼ß~ §ë¾ß£ßßßëÝ ë~ ÉßëÛßß ¼ßß²ß~íëÝ ë~ ²ßäÂµß ÑìÝ.
Âµß ¼ßëÝ ¼ßß²ßß Ñì. Ñ¼ßßÀë àËß½ßßÀß²ßäÐßßÀ ²ß §ßËßíëÝ ~íë ß~àÐ¼ß~ §ë¾ß£ßßßëÞ ë~
l ~¼µß²ßã £ß¦ßß Ðßë~ Ðßºßã à²ß§ëÍß~íëÝ Ðßë µßÆßµ£ß º¾ßßËßë§²ßíëÝ ë~ ²ßäÐßßÀ,
Âµß ¼ßëÝ ¼ßß²ßß Ìßß²ßß Ñì. à¶~À ºßã, Ðßæ½ß²ßß ë~ ºßßËß ¼ßëÝ Ñ¼ß ¹¾ßßÌß ~ã ¼ßß¥ßß ~¼µß²ßã à±ßà²ß¾ß¼ß 1956 ~ã ±ßßÀß 274 ~ã µß±ßßÀß (1) ë~ ÛßÞÊ
~ß àÑÐßß¹ß ²ßÑãÝ Éßßß µßß ÀÑë ÑìÝ. (¿) ë~ Þ£ßßÃ£ß ~íë¨Ã ºßã à²ß§ëÍß~ ~¼µß²ßã ë~ à²ß§ëÍß~ ë~ Âµß ¼ßëÝ
2. ßìÀ ¹ßìÝâ~ß àËß££ßã¾ß ~¼µß²ßã ÉßëÛßß µßÀãß~íëÝ (àÀÌßËßÃ ¹ßìÝ~) ë~ à²ß§ëÍß 1998 à²ß¾ßä¬£ß Ñíë²ßë Ðßë ¾ßíë¾ß ²ßÑãÝ Ñäß Ñì.
~ã µßëßß ë~ ²ßäÐßßÀ Ñ¼ß ¾ßÑ Ðßæà½ß£ß ~À£ßë ÑìÝ à~ Ñ¼ß²ßë à²ß§ëÍß~ ¼ßÞÊÉß ~íë l ²ßäÐßæà½ß¾ßíëÝ ë~ Ðßß¦ß µßñÜë Ìßß²ßë ËßßÉßë ¬£ß Ûßß£ßë, ßìÀ ²ß µßÀ ~ã ß¾ßã
¬£ß à²ß§ëÍßíëÝ ¼ßëÝ à²ßà§ÃÏÖ ¼ßß¼ßÉßíëÝ ë~ ²ßäÐßßÀ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ àÖµµßà¢ß¾ßíïÞ ~¼µß²ßã à±ßà²ß¾ß¼ß, 1956 °ßÀß ¾ß¦ßß µßëàß£ß Ìßß²ß~ßÀã
µß¾ßÃËßëß¢ß Ðßë ÐßÞ¹ßÞà±ß£ß ¼ßß¼ßÉßíëÝ µßÀ àËßËßÀ¢ß ÐßàÑ£ß àÀµßíëÖÃ µßÆÐ£ßä£ß ~ã Ñì. µßÆÐ£ßä£ß ~À£ßë ÑìÝÞ ßìÀ ¾ßë ÐßÑã ßìÀ à½ß£ß ÑìÝ.
3. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ à±ßà²ß¾ß¼ß 1934 (1934 ~ß 2) ~ã ±ßßÀß 56 31 ¼ßß½ßÃ 2009 ~íë ~¼µß²ßã ë~ ~ß¾ßíëÄ ë~ £ßäÉß²ßµß¥ß ë~ ¼ßß¼ßÉßë ¼ßëÝ ßìÀ
ß¨Ã ë~ µßÆßËß±ßß²ß ë~ ²ßäÐßßÀ, Ìßíë 9 Ìß²ßËßÀã 1997 ë~ µßæËßÃ à²ßßà¼ß£ß Éßßºß Ëß Ñßà²ß ë~ ¼ßß¼ßÉßë ¼ßëÝ, Ðß à£ßà¦ß ~íë Ðß¼ßßµ£ß ËßÏßÃ ë~ àÉß Þ~µß²ßã ~ß
~¼µß²ßã Ñì ËßÞ 28.01.2005 ~íë ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ Ðßë ²ß¹ßã¶~ß¨Ã ÉßßºßÝ
ë~ Âµß ¼ßëÝ µßÞÌßã~À¢ß µßÆ¼ßß¢ßµß¥ßíëÝ ë~ ßËßë§²ß ~íë ²ßß¼ßÞÌßæÀ ~À²ßë ~ã Ðßæ½ß²ßß è~£ßë à~ÍßíëÀ ÞÊ ËßëÝ~Ö ÐßíëàÐß¾ßëÖòÐß,
µßÆßµ£ß Ñä¨Ã Ñì. Ðß²ß§ã ÉßëÛßß~ßÀ
²ßäÐßæ½ßã 15 ë~ ²ßíëÖ ²ßÞ 7 ~ã ßëÀ ±¾ßß²ß ßè~ÏÖ à~¾ßß Ìßß£ßß Ñì. à§²ßßÞ~ Ñ/-
28.01.2005 ë~ µß¥ß ë~ °ßÀß ºßßàÀ¹ßìÝ~ ë~ à²ß§ëÍßß²ßäÐßßÀ, Þ~µß²ßã ²ßë ä~¿ ë~. Ðß. ßÀ. ßÞÌß²ßë¾ßäÉßä
ºßíìà£ß~ Íßë¾ßÀíëÝ ~íë ¿íëÊ~À Ðßºßã àËß££ßã¾ß ßàÐ£ß¾ßíëÝ ~íë à²ßµßÖß¾ßß Ñì. ßßë Þ~µß²ßã ºßßßã§ßÀ,
²ßë à§²ßÞ~ 09.01.2008 ë~ µß¥ß°ßÀß ~íë Ðßë ßìÀ ¹ßìÝâ~ß ßìÀ àËß££ßã¾ß ÐßÞÐ¦ßß ë~ Ðß§Ð¾ß£ßß ÐßÞÛ¾ßß - 216283
Âµß ¼ßëÝ ÖÅãÖ ~À²ßë ë~ àÉß ºßßàÀ¹ßìÝ~ Ðßë ²ßäÀíë±ß à~¾ßß Ñì. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~
²ßë 05.12.2008 ~íë àËßÏß¾ßËßÐ£ßä ~íë ²ßíëÖ ~À²ßë ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ Þ~µß²ßã ~íë Ð¦ßß²ß: Ñì§Àß¹ßß§
Ìßß²ß~ßÀã §ã Ñì. à§²ßßÞ~: 30.04.2009
192
AUDITORS REPORT
30th April, 2009
From
Kishore & Venkat Associates Ø The board of directors of the company has passed a
Chartered Accountants resolution for non acceptance of any public deposits.
Ø The company has not accepted any public deposits during
To the year under reference.
The Members Ø The company has complied with prudential norms relating
Andhra Bank Financial Services Ltd to the Income recognition, accounting standards, asset
Hyderabad classification and provision of bad and doubtful debts as
We have audited the Balance Sheet of Andhra Bank Financial applicable to it.
Services Ltd as on 31st March, 2009 and the Profit and Loss Ø As required by the Companies [Auditors Report] Order,
account for the year ended on that date and annexed thereof. 2003 [CARO 2003], issued by the Company Law Board
Our responsibility is to express an opinion on these financial in terms of Section 227 [4A] of the Companies Act, 1956,
statements based on our audit. we give in the annexure, a statement on the matters
We conducted our audit in accordance with the auditing specified in the said order.
standards generally accepted in India. Those standards Ø Subject to our comments in the paras referred to above,
require that we plan and perform the audit to obtain we report that:
reasonable assurance about whether the financial statements l We have obtained all the information and
are free of material misstatement. An audit includes explanations, which to the best of our knowledge and
examining on a test basis evidence supporting the amounts belief were necessary for the purpose of our audit.
and disclosures in the financial statements. An audit also
l In our opinion, proper books of account have been
kept by the company as required by law so far, as
significant estimates made by management as well as
appears from our examination of these books.
evaluating the overall financial statement presentation. We
believe that our audit provides a reasonable basis for our l The Balance Sheet and the Profit and Loss Account
opinion. dealt with by this report are in agreement with the
books of account.
1 The Company has repaid Inter-Corporate Deposit with
interest to the date of maturity. Few depositors claimed l In our opinion, the Balance Sheet and the Profit and
for interest after the contracted date and upto the date of Loss Account comply with the Accounting Standards
repayment. Such claims have not been acknowledged referred in sub-section [3C] of Section 211, of the
by the company nor recognized as contingent liabilities. Companies Act, 1956.
In our opinion these claims are to be considered as l As per the representation made by the Company and
contingent liabilities, however we are unable to quantify all its directors, no director is disqualified from being
the interest in the absence of information appointed as director of the company under clause
2 As required by the Non Banking Financial Companies [g] of sub-section [1] of Section 274 of the Companies
Auditors [Reserve Bank] Directions, 1998 we further state Act, 1956.
that we have submitted a report to the Board of Directors l Explanations given to us, the said accounts read
of the Company containing a statement on the matters of together with the notes annexed thereto, give
the supervisory concern to the Reserve Bank of India as information required by the Companies Act, 1956 in
specified in the said directions: the manner so required subject to our comments
3 The company, incorporated prior to January 9, 1997 has referred to above and give a true and fair view
applied for registration as provided in section 56 IA of In the case of Balance Sheet of the State of Affairs of the
the Reserve Bank of India Act, 1934 [2 of 1934] and has company as at 31st March 2009 and
received a communication dt.28.1.2005 from the Reserve In the case of Profit and Loss Account, of the profit of the
Bank of India rejecting the application for certificate of Company for the year ended on that date.
registration as an NBFI.
Attention is invited to note No 7 of scfhedule15. As per
the directions of RBI vide their Lr dt.28.01.2005, the
K.S.R. Anjaneyulu
company had disposed off all its financial assets except
Partner
certain shares which are in physical form. Further, the
Membership No.216283
company has approached RBI vide Lr dt. 09.01.2008 with Place: Hyderabad
a request to treat it as Non Banking Non Financial Date: 30.04.2009
Institution. RBI replied on 05.12.2008 that it has taken
the contents mentioned there in on record.
193
à~ÍßíëÀ ÞÊ ËßëÝ~Ö ÐßíëàÐß¾ßëÖòÐß vii) ~¼µß²ßã ë~ µßßÐß ßÞ£ßàÀ~ ÉßëÛßß µßÀãßß µßÆ¢ßßÉßã ²ßÑãÝ Ñì. à¶~À ºßã
Ðß²ß§ã ÉßëÛßß~ßÀ Ë¾ßßµßßÀ ë~ ß~ßÀ ËßÞ µßÆè~à£ß ë~ ²ßäÂµß ßÞ£ßàÀ~ à²ß¾ßÞ¥ß¢ß µßÆàÆ~¾ßßïÞ
ÑìÝ.
ÉßëÛßß µßÀãß~ àÀµßíëÖÃ à§²ßßÞ~ 30 µßÆìÉß 2009 ~ß ²ßä¹ßÞ±ß viii) ~¼µß²ßã ~íë ~¼µß²ßã à±ßà²ß¾ß¼ß 1956 ~ã ±ßßÀß 209 (1) (Êã)
i) ~) ~¼µß²ßã µßàÀ¼ßß¢ßß£¼ß~ àËßËßÀ¢ß ËßÞ µßÖòÖë§ßÀã ßàÐ£ß¾ßíëÝ Ðß¼ßë£ß ë~ Þ£ßßÃ£ß Éßßß£ß Àë~ßÊÃ ~ß ÀÛßÀÛßßËß ~À²ßë ~ã ßËßÍ¾ß~£ßß ²ßÑãÝ
½ßÉß ÐßÞµßà££ß¾ßíëÝ ~ß ÐßÞµßæ¢ßÃ àËßËßÀ¢ß §ÍßßÃ²ßë ë~ àÉß ÐßÑã Àë~ßÊÃ ~ß Ñì.
ÀÛßÀÛßßËß ~À£ßã Ñì. ix) ~) Ñ¼ßëÝ §ã ß¾ßã Ìßß²ß~ßÀã ßìÀ ÐµßÏÖã~À¢ß ë~ ²ßäÐßßÀ, Ìß¼ßßÀã
Ûß) à½ß£ß Ðß¼ß¾ßßÞ£ßÀßÉß ¼ßëÝ µßÖòÖë±ßßÀã ßàÐ£ß¾ßíëÞ ~íë ¿íëñÊ~À µßÆ¹ßÞ±ß²ß Àß¾ß ¼ßëÝ ~¼µß²ßã µßÀ ºßàËßÏ¾ß à²ßà±ß ßìÀ ~¼ßÃ½ßßÀã Àß¾ß ¹ßã¼ßß
°ßÀß ºßíìà£ß~ Âµß ¼ßëÝ ½ßÉß ßàÐ£ß¾ßíëÝ ~ã ÌßßÞ½ß ~ã ß¾ßã Ñì. ÌßßÞ½ß ë~ à±ßà²ß¾ß¼ß Éßßßæ ²ßÑãÝ Ñì.
Ðß¼ß¾ß ~íë¨Ã ¼ßÑ£Ëßµßæ¢ßÃ àËßÐßÞßà£ß ²ßÑãÞ µßß¾ßã ß¾ßã. Ûß) ~¼µß²ßã ²ßë à²ß±ßßÃÀ¢ß ËßÏßÃ 1993-94 Ðßë 2000-2001 £ß~ ËßÞ
ß) ËßÏßÃ ë~ §íìÀß²ß ½ßÉß ÐßÞµßà££ß¾ßíëÝ ë~ à~Ðßã ºßã ÞÍß ~ß àËßÆ~¾ß ²ßÑãÝ 2002-03 ë~ ß¾ß~À à²ß±ßßÃÀ¢ß ß§ëÍß ë~ àËßÁ« µßãÉß §ß¾ßÀ
à~¾ßß ß¾ßß Ñì. ~ã Ñì.
ii) ~) à½ß£ß Ðß¼ß¾ßßÞ£ßÀßÉß ¼ßëÝ µßÆ¹ßÞ±ß²ß °ßÀß Ðßæ½ßãß£ß Íßë¾ßÀ, àÐÆ~µß, ¹ßßÞÊíëÞ x) ~¼µß²ßã ËßÏßÃ 1991 ¼ßëÝ à²ßßà¼ß£ß à~¾ßß ß¾ßß Ñì ËßÞ 31 ¼ßß½ßÃ
~ß ºßíìà£ß~ Ðß£¾ßßµß²ß à~¾ßß ß¾ßß Ñì. 2009 àËß££ßã¾ß ËßÏßÃ ~ã Ðß¼ßßàµ£ß ~íë ÐßÞà½ß£ß Ñßà²ß à²ßËßÉß ¼ßæÉ¾ß ¼ßëÝ
Ûß) Ñ¼ßßÀë àËß½ßßÀ ë~ ²ßäÐßßÀ µßÆ¹ßÞ±ß²ß °ßÀß ÐÖíî~íëÝë ~ã ºßíìà£ß~ ÌßßÞ½ß 50% Ðßë à±ß~ Ñì Éßëà~²ß ½ßßÉßæ àËß££ßã¾ß ËßÏßÃ ë~ àÉß Éßßºß ÌßÃ²ß
ë~ àÉß µß²ßß¾ßã µß«à£ß, Þ~µß²ßã ë~ ß~ßÀ ßìÀ ~ßÀíë¹ßßÀ ~ã à~¾ßß Ñì.
µßÆè~à£ß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ à½ß£ß ËßÞ µß¾ßßÃµ£ß Ñì. xi) Íßë¾ßÀ, àÊ¹ßëÝ½ßÀ ßìÀ ²¾ß µßÆà£ßºßæà£ß¾ßíëÝ ~ã µßÆà£ßºßæà£ß ë~ ß±ßßÀ µßÀ
ß) ~¼µß²ßã Ðßæ½ßãß£ß Íßë¾ßÀ ËßÞ àÐÆ~µß ë~ ÐßÑã Àë~ßÊÃ ~ß ÀÛßÀÛßßËß ~¢ßíëÝ ~ã ¼ßÞÌßæÀã ²ßÑãÝ ~ã ß¾ßã .
~À£ßã Ñì. Íßë¾ßÀ ßìÀ ¹ßßÞÊíëÝ ~ã ºßíìà£ß~ ÌßßÞ½ß ë~ Ðß¼ß¾ß ~íë¨Ã xii) ~¼µß²ßã ²ßë Íßë¾ßÀ, µßÆà£ßºßæà£ß¾ßíëÝÞ ë~ ~ß¾ßÃ ¼ßëÝ ºßßß àÉß¾ßß Ñì ßìÀ Éßë²ß§ë²ß
¼ßÑ£Ëßµßæ¢ßÃ àËßÐßÞßà£ß¾ßíïÞ ²ßÑãÝ µßß¾ßã ß¾ßãÞ.. ë~ ÐßÑã Àë~ßÊÃ ~ß ÀÛßÀÛßßËß à~¾ßß ß¾ßß Ñì ßìÀ Ðß¼ß¾ß µßÀ ÐßÞ¹ßÞà±ß£ß
iii) Þ~µß²ßã ²ßë Þ~µß²ßã à±ßà²ß¾ß¼ß 1956 ~ã ±ßßÀß 301 Þ£ßßÃ£ß à²ßËßßÃÑ µßÆàËßàÏÖ¾ßíïÞ ~ã ß¾ßã ÑìÞ ²¾ß Íßë¾ßÀ, µßÆà£ßºßæà£ß¾ßíïÞ ßìÀ ²¾ß µßÆà£ßºßæà£ß¾ßíïÞ
à~¾ßë ß¾ßë ÀàÌßÐÖÀ ë~ Ðßß¦ß ~ËßÀ à~¾ßë ß¾ßë à~Ðßã ºßã ~¼µß²ßã, ¶~¼ßÃ ~¼µß²ßã ë~ µß²ßë ²ßß¼ß µßÀ Ñì.
ËßÞ ²¾ß µßßàÖÃ¾ßíëÝÐßë ÝÐßë/~íë à~Ðßã ºßã µßÆ~ßÀ ~ß µßÆà£ßºßæ£ß ¾ßß µßÆà£ßºßæ£ß xiii) ~¼µß²ßã ²ßë ¹ßìÝ~ ¾ßß àËß££ßã¾ß ÐßÞÐ¦ßßßëÝ Ðßë ²¾ß °ßÀß àÉß¾ßë ß¾ßë ~¢ßíëÝ
~¢ß ²ßÑãÝ àÉß¾ßß/à§¾ßß Ñì. ë~ àÉß à~Ðßã µßÆ~ßÀ ~ã ßßÀÞÖã ²ßÑãÝ §ã Ñì.
iv) ÐÖíï~ ËßÞ ½ßÉß ÐßÞµßà££ß¾ßíëÝ ~ß Æ~¾ß ßìÀ àÐÆ~µß, Íßë¾ßÀ ßìÀ ¹ßßÞÊíëÝ xiv) ÉµßßËßà±ß ë~ àÉß ~à¥ß£ß ~À §ã³ßÃËßà±ß à²ßËßëÍß ë~ àÉß ¾ßß ²ßë~
ë~ àËßÆ~¾ß ë~ àÉß ~¼µß²ßã ë~ ß~ßÀ ËßÞ Ðßë~ Ë¾ßßµßßÀ ~ã µßÆè~à£ß àËßµßÀã£ß µßÆ¾ßíëÌß²ß Ñë£ßä ~íë¨Ã à²ßà±ß ~Öò×ã ²ßÑãÝ ~ã ß¾ßã.
ë~ ²ßäÂµß µß¾ßßÃµ£ß ßÞ£ßàÀ~ à²ß¾ßÞ¥ß¢ß µß«à£ß Ñì. xv) ß¹ßÞÖ²ß ë~ àÉß à±ß¼ßß²ß Íßë¾ßÀ µßÉß¹±ß ²ßÑãÝ ÑìÝ.
v) ~¼µß²ßã à±ßà²ß¾ß¼ß 1956 ~ã ±ßßÀß 301 ë~ ²ßäÐßßÀ ÀàÌßÐÖÀ ¼ßëÞ xvi) ËßÏßÃ ë~ §íìÀß²ß ~¼µß²ßã µßÀ ¾ßß °ßÀß ¿Éßµßæ¢ßÃ ~ß¾ßÃ ~ã Ìßß²ß~ßÀã ²ßÑãÝ
µßÆàËßàÏÖ à~¾ßë Ìßß²ßë ë~ Éßë²ß§ë²ß ²ßÑãÝ ÑìÝ. à¼ßÉßã ¾ßß àÀµßíëÖÃ ~ã ß¾ßã.
vi) ~¼µß²ßã ²ßë Ìß²ß£ßß Ðßë Ìß¼ßßßëÝ ~ß ÐËßã~ßÀ ²ßÑãÝ à~¾ßß Ñì. xvii) Þ~µß²ßã ß§ëÍß (ÉßëÛßß µßÀãßß àÀµßíëÖÃ) ß§ëÍß 2003 ë~ ë~ µßìÀßßÆß¶~
11, 13, 16, 19 ËßÞ 20 Ðß Þ~µß²ßã ë~ àÉß Éßßßæ ²ßÑãÝ ÑìÝ.
194
Kishore & Venkat Associates vi. The company has not accepted deposits from the public.
Chartered Accountants vii. The company has no internal audit system. However, the
internal control procedures in place are commensurate
Annexure to the Auditors Report dated 30th April, 2009 with its size and nature of business.
i. a) The company is maintaining proper records showing viii. The company is not required to maintain cost records
full particulars, including quantitative details and situation under section 209[1][d] of The Companies Act, 1956.
of fixed assets including that of leased assets. ix a) As per the information and explanation furnished to us,
b) These fixed assets have been physically verified by the in our opinion the Provident Fund and Employees State
management at reasonable intervals, other than those Insurance Act, are not applicable to the company.
assets that have been leased out by the company. No b) The company has gone in appeal against the income tax
material discrepancies were noticed on such verification. Assessment orders for the Assessment Years 1993-94
c) No part of fixed assets has been disposed off during the to 2000-01 and 2002-03.
year. x. The company is incorporated in the year 1991 and the
ii. a) Physical verification of inventory shares, scrip, bonds, accumulated losses at the end of the financial year ending
has been conducted at reasonable intervals by 31st March 2009 are more than 50% of its net worth but
management. has earned profit for the current financial year.
b) In our opinion the procedures for physical verification of xi. No Loans have been granted on the basis of Security of
inventory followed by the management is reasonable and Shares, debentures and other securities.
adequate in relation to the size of the company and the xii. The company has dealt in shares, securities and proper
nature of its business. records have been maintained of the transactions and
c) The Company is maintaining proper records of inventory- contracts and timely entries have been made therein; also
Shares and Scrips. No material discrepancies were the shares, securities, and other securities have been
noticed on physical verification of the Share and Bonds. held by the company, in its own name.
iii. The company has not taken / granted any loans, secured xiii. The company has not given any guarantee for loans by
or unsecured to or from companies, firm, or other parties others from bank or financial institutions;
covered with the register maintained under section 301 xiv. No funds have been raised on the short-term basis and have
of the Companies Act 1956. been used for long-term investment and vice-versa;
iv. There is an adequate internal control procedure xv. No preferential shares are available for allotment.
commensurate with the size of the company and the
xvi.No fraud on or by the company has been noticed or
nature of business, for the purchase of inventory and fixed
reported during the year;
assets and for the sale of Scrips, shares, bonds.
xvii.The paragraphs No 11,13,16,19 & 20 of Companies (
v. There are no transactions that need to be entered into a
auditors report ) order, 2003 are not applicable to this
register in pursuance of section 301 of The Companies
company.
Act, 1956;
195
ËßÏßÃ 2008-2009 ë~ àÉß ²ß~§ µßÆËßßÑ àËßËßÀ¢ß CASH FLOW STATEMENT FOR THE YEAR 2008-09
µßàÀ½ßßÉß²ß ßà£ßàËßà±ß¾ßëßÞ Ðßë ²ß~§ µßÆËßßÑ

Cash flow from operating activities
¼ßã¾ßß§ã Ìß¼ßß µßÀ µßÆßµ£ß ¹¾ßßÌß

Interest received on Term Deposits 95,10,546
~¼ßÃ½ßßàÀ¾ßëßÞ ~íë ºßäß£ßß²ß £ß¾ßßà§,

Payments to employees etc., (14,73,345)
µßàÀ½ßßÉß²ß Ðßë µßÆßµ£ß ß¾ß

Cash generated from operations 80,37,201
µßÆ§££ß ~À
Taxes paid (1,04,869)
µßàÀ½ßßÉß²ß ßà£ßàËßà±ß¾ßíëÝ Ðßë à²ßËßÉß ²ß~§

Net cash from operating activities 79,32,332
ËßÏßÃ ë~ µßÆßÀÞºß ¼ßëÝ ²ß~§ ËßÞ ²ß~§£ßäÉ¾ß (01.04.2008)

Cash and cash equivalents at the
beginning of the period (01.04.2008) 10,36,41,330
ËßÏßÃ ë~ Þ£ß ¼ßëÝ ²ß~§ ËßÞ ²ß~§£ßäÉ¾ß (31.03.2009)

Cash and cash equivalents at the
end of the period (31.03.2009) 11,15,73,662


K.RANGANATH T.UMAMAHESWARA RAO K.KOTESWARA RAO
DIRECTOR MANAGING DIRECTOR COMPANY SECRETARY
Date: 30.04.2009
Place: Hyderabad
196
ß²±ßÆß ¹ßìªÝ ~ ©ËßÞ ¨Ðßª~ã ²ßäÏßÞàß¾ßíëÝ ªë~ Ðß¼ßëàª~£ß àËß££ßã¾ß àËßËßÀ¢ß

CONSOLIDATED FINANCIAL STATEMENTS OF
ANDHRA BANK AND ITS SUBSIDIARY
197
31 ¼ßß½ßÃ 2009 ~íë ß²±ßÆß ¹ßìÝ~ ËßÞ Ðß~ã ²ßäÏßÞàß¾ßßëÝ ~ß Ðß¼ßëà~£ß £ßäÉß²ßµß¥ß
CONSOLIDATED BALANCE SHEET OF ANDHRA BANK AND ITS SUBSIDIARY AS ON 31ST MARCH, 2009
(Á. 000 ¼ßëÝ Rs in 000s)
Schedule No. As on 31.03.2009 As on 31.03.2008
µßæÞÌßã ËßÞ §ë¾ß£ßßïÞ CAPITAL & LIABILITIES
µßïÞæÌßã CAPITAL 1 4,850,000 4,850,000
µßÆßÀàßà£ß¾ßíïÞ ßìÀ à±ßÍßëÏß RESERVES & SURPLUS 2 31,749,244 27,742,183
Ìß¼ßßÀßàÍß¾ßíï DEPOSITS 3 593,788,622 494,261,835
±ßßÀ BORROWINGS 4 13,112,348 5,905,095
²¾ß §ë¾ß£ßßïÞ ßìÀ µßÆßËß±ßß²ß OTHER LIABILITIES & PROVISIONS 5 41,571,291 33,522,129
ä~Éß TOTAL 685,071,505 566,281,242

ßàÐ£ß¾ßíïÞ ASSETS
²ß~§ ËßÞ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ¼ßëÝ ÍßëÏß CASH AND BALANCES WITH
RESERVE BANK OF INDIA 6 48,533,389 49,016,678
¹ßìÝ~íëÝ ¼ßëÝ ÍßëÏß ßìÀ ¼ßíïÞß £ß¦ßß Éµß Ðßæ½ß²ßß µßÀ µßÆßµ£ß ±ß²ß BALANCES WITH
BANKS AND MONEY AT CALL AND SHORT NOTICE 7 4,341,625 7,926,480
à²ßËßëÍß INVESTMENTS 8 169,381,508 149,230,232
àßÆ¼ß ADVANCES 9 441,392,597 342,383,852
½ßÉß ßàÐ£ß¾ßíïÞ FIXED ASSETS 10 3,352,954 2,194,638
²¾ß ßàÐ£ß¾ßíï OTHER ASSETS 11 18,069,432 15,529,362
ä~Éß TOTAL 685,071,505 566,281,242

ß~àÐ¼ß~ §ë¾ß£ßßï CONTINGENT LIABILITIES 12 314,232,764 198,904,243
ËßÐßæÉßã ë~ àÉß à¹ßÉß BILLS FOR COLLECTION 45,865,416 28,987,232
The Schedules referred to above form an integral part of Balance Sheet. As per our report of even date attached to the Balance Sheet.

à²ß§ëÍß~
Öã.ßÀ.Ðß à¥ßËßë§ã

198
¼ßß½ßÃ 2009 ~íë ß²±ßÆß ¹ßìÝ~ ËßÞ Ðß~ã ²ßäÏßÞàß¾ßßëÝ ~ß Éßßºß Ëß Ñßà²ß ÉßëÛßß
CONSOLIDATED PROFIT & LOSS ACCOUNT OF ANDHRA BANK AND ITS SUBSIDIARY AS ON 31ST MARCH, 2009
(Á. 000 ¼ßëÝ Rs in 000s)
Schedule No. Year Ended Year Ended
31.03.2009 31.03.2008
ß¾ß INCOME
àÌßÃ£ß ¹¾ßßÌß INTEREST EARNED 13 53,746,168 42,095,643
²¾ß ß¾ß OTHER INCOME 14 7,653,698 6,306,192
ä~Éß TOTAL 61,399,866 48,401,835
Ë¾ß¾ß EXPENDITURE
Ë¾ß¾ß à~¾ßß ß¾ßß ¹¾ßßÌß INTEREST EXPENDED 15 37,467,427 28,693,609
µßàÀ½ßßÉß²ß Ë¾ß¾ß OPERATING EXPENSES 16 11,044,056 9,091,968
µßÆßËß±ßß²ß ßìÀ ß~àÐ¼ß~ Ë¾ß¾ß
PROVISIONS AND CONTINGENCIES 6,350,510 4,819,074
ä~Éß TOTAL 54,861,993 42,604,651
SHARE OF EARNINGS IN ASSOCIATES 22,658 30,839
CONSOLIDATED NET PROFIT FOR THE YEAR ATTRIBUTABLE TO THE GROUP 6,560,531 5,828,023
BROUGHT FORWARD CONSOLIDATED PROFIT ATTRIBUTABLE TO THE GROUP 625,893 575,573
ä~Éß TOTAL 7,186,424 6,403,596
àËßà²ß¾ßßëÌß²ß APPROPRIATIONS
ÐßßÞàËßà±ß~ µßÆßÀàßà£ß¾ßíëÝ ~íë Þ£ßÀ¢ß Transfer to Statutory Reserve 1,638,200 1,445,950
µßæÞÌßã µßÆßÀàßà£ß¾ßíëÝ ~íë Þ£ßÀ¢ß Transfer to Capital Reserve 1,082,000
ÀßÌßÐËß Ëß ²¾ß µßÆßÀàßà£ß¾ßíëÝ ~íë Þ£ßÀ¢ß
Transfer to Revenue & Other Reserves 516,801 2,062,050
µßÆÐ£ßßàËß£ß ÉßßºßßÞÍß Proposed Dividend 2,182,500 1,940,000
ÉßßºßßÞÍß µßÀ ~À Tax on Dividend 370,916 329,703
£ßäÉß²ß µß¥ß ~íë Éßë Ìßß¾ßß ß¾ßß ÍßëÏß Balance carried over to Balance Sheet 1,396,007 625,893
ä~Éß TOTAL 7,186,424 6,403,596
Earning per share (Basic and Diluted) Rs. 13.57 11.13
The Schedules referred to above form an integral part of Profit & Loss Account. As per our report of even date attached to the Balance Sheet.

T.R.S. Trivedi
Directors
General Manager
K. Raghuraman

Place : Hyderabad Partner (M. No. 21154) Partner (M. No. 10022)
Date : 08.05.2009
199
31 ¼ßß½ßÃ 2009 ~íë ß²±ßÆß ¹ßìÝ ~ ËßÞ Ðß~ã ²ßäÏßÞàß¾ßßëÝ ~ß Ðß¼ßëà~£ß £ßäÉß²ßµß¥ß
(Á. 000 ¼ßëÝ Rs in 000s)

As on 31.03.2009 As on 31.03.2008
²ßäÐßæ½ßã SCHEDULE-1:: µßïæÌßã CAPITAL

µßÆßà±ß~è£ß µßïÞæÌßã AUTHORISED CAPITAL
150,00,00,000 Á. 10 ~ß µßÆ£¾ßë~ ¨Ãà¬ËßÖã Íßë¾ßÀ
150,00,00,000 Equity Shares of Rs.10/- each 15,000,000 15,000,000
à²ßßÃà¼ß£ß, àºß§££ß, ¹ßäÉßß¨Ã ß¾ßã ßìÀ µßÆ§££ß µßæïÞÌßã
ISSUED,SUBSCRIBED, CALLED UP AND PAID UP CAPITAL
ë~²§Æ ÐßÀ~ßÀ ë~ ÐËßßà¼ß£Ëß ¼ßëÝ Á. 10 ë~ 25,00,00,000 ¨Ãà¬ËßÖã Á. 48,50,00,000
Á. 10 ~ß µßÆ£¾ßë~ ¨Ãà¬ËßÖã Íßë¾ßÀ Ðß¼ßë£ß
48,50,00,000 Equity shares of Rs.10/- each
(Includes 25,00,00,000 equity shares of Rs.10/ each held by Central Government). 4,850,000 4,850,000
ä~Éß TOTAL 4,850,000 4,850,000
²ßäÐßæ½ßã SCHEDULE- 2 :: µßÆßÀàßà£ß¾ßíï ßìÀ à±ßÍßëÏß RESERVES AND SURPLUS
I. ÐßßÞàËßà±ß~ µßÆßÀàßà£ß¾ßíï STATUTORY RESERVES 11,152,165 9,513,966
II. µßïÞæÌßã µßÆßÀàßà£ß¾ßíïÞ CAPITAL RESERVES 2,466,371 1,384,371
III. Ðß¼ßë~²ß µßÀ µßïÞæÌßã ßÀàß£ßã CAPITAL RESERVE ON CONSOLIDATION 50,000 50,000
IV. Ííë¾ßÀ µßÆãà¼ß¾ß¼ß SHARE PREMIUM 6,800,000 6,800,000
V. ²¾ß µßÆßÀàß£ßã (µßÆè~à£ß ~ß ÉÉßëÛß ~ÀëÝ)OTHER RESERVES (Specify nature)
VI. REVENUE & OTHER RESERVES / SPECIAL RESERVE 9,884,701 9,367,953
VII. Éßßºß ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ ÍßëÏß BALANCE IN PROFIT & LOSS A/C 1,396,007 625,893
½ßßÉßæ ËßÏßÃ ~ß Éßßºß CURRENT YEARS PROFIT
ä~Éß TOTAL (I, II, III, IV, V, VI & VII) 31,749,244 27,742,183
²ßäÐßæ½ßã 2 ¼ßß²ßíëàÀÖã ¹¾ßßÌß SCHEDULE-2A MINORITY INTEREST
1. Ðß £ßßÀãÛß Ðßë ¼ßß²ßíëàÀÖã ¹¾ßßÌß Ñì Ìß¹ßÐßë µßëÀëÝÖ Ðß¹ÐßãàÊ¾ßëÀã ÐßÞ¹ßÞ±ß ÍßäÁ Ñäß Ñì
Minority Interest at the date on which the parent-subsidiary relationship came into existance
2. ¹ßß§ ¼ßëÝ Ëßèà§ò±ß / ~¼ß Subsequently increase/decrease
3. £ßäÉß²ßµß¥ß ~ã £ßßÀãÛß ~íë ¼ßß²ßíëàÀÖã ¹¾ßßÌß Minority interest on the date of Balance Sheet
200
(Á. 000 ¼ßëÝ Rs in 000s)
As on 31.03.2009 As on 31.03.2008
²ßäÐßæ½ßã SCHEDULE- 3 :: Ìß¼ßßï DEPOSITS
A I ¼ßíïÞß Ìß¼ßßÞ DEMAND DEPOSITS
ä~Éß TOTAL(i and ii) 52,153,967 44,090,998
II ¹ß½ß£ß ¹ßìÝ~ Ìß¼ßßï SAVINGS BANK DEPOSITS 134,377,763 121,841,758
III ÐßßËßà±ß~ Ìß¼ßßï TERM DEPOSITS
ä~Éß TOTAL (i and ii) 407,256,892 328,329,079
ä~Éß TOTAL (I, II, and III) 593,788,622 494,261,835
¹ßãB i) ºßßÀ£ß ~ã ÍßßÛßßßëÝ ¼ßëÝ Ìß¼ßßï DEPOSITS OF BRANCHES IN INDIA 593,788,622 494,261,835
ii) ºßßÀ£ß ë~ ¹ßßÑÀã ÍßßÛßßßëÝ ¼ßëÝ Ìß¼ßßï DEPOSITS OF BRANCHES OUTSIDE INDIA -- --
ä~Éß TOTAL 593,788,622 494,261,835
²ßäÐßæ½ßã SCHEDULE - 4 :: ±ßßÀ BORROWINGS
I. ºßßÀ£ß ¼ßëÝ ±ßßÀ BORROWINGS IN INDIA
i) ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ RESERVE BANK OF INDIA -- --
ii) ²¾ß ¹ßìÝ~ OTHER BANKS 872 11,995
iii) ²¾ß ÐßÞÐ¦ßß ßìÀ ÌßëÝÞàÐß¾ßíïÞ OTHER INSTITUTIONS AND AGENCIES 8,950,703 1,078,700
II. ºßßÀ£ß ë~ ¹ßßÑÀ ±ßßÀ BORROWINGS OUTSIDE INDIA 4,160,773 4,814,400
ä~Éß TOTAL ( I and II ) 13,112,348 5,905,095
²ßäÐßæ½ßã SCHEDULE - 5 :: ²¾ß §ë¾ß£ßß ßìÀ µßÆßËß±ßß²ß OTHER LIABILITIES AND PROVISIONS
I. §ë¾ß à¹ßÉß BILLS PAYABLE 19,629,070 7,705,822
II. Þ£ßÀ ~ß¾ßßÃÉß¾ß Ðß¼ßß¾ßíëÌß²ß (à²ßËßÉß) INTER OFFICE ADJUSTMENTS (NET) -- --
III. µßà½ß£ß ¹¾ßßÌß INTEREST ACCRUED 1,956,576 1,763,961
IV. ßÐ¦ßàß£ß ~À §ë¾ß£ßßïÞ DEFERRED TAX LIABILITIES -- --
V. ²¾ß (µßÆßËß±ßß²ß Ðß¼ßë£ß) OTHERS (Including Provisions) 19,985,645 24,052,346
TOTAL (I, II, III, IV and V) 41,571,291 33,522,129
201
(Á. 000 ¼ßëÝ Rs in 000s)
As on 31.03.2009 As on 31.03.2008
²ßäÐßæ½ßã SCHEDULE - 6 :: ²ß~§ ËßÞ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ¼ßëÝ ÍßëÏß

CASH AND BALANCES WITH RESERVE BANK OF INDIA
I. ²ß~§ CASH IN HAND (àËß§ëÍßã ~ÀëÝÐßã ²ßíëÖ ÐßàÑ£ß Including Foreign Currency Notes) 4,359,194 4,406,773
II. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ Ðßß¦ß ÍßëÏß BALANCE WITH RESERVE BANK OF INDIA
i) ½ßßÉßæ Ûßß£ßíëÝ ¼ßëÝ IN CURRENT ACCOUNT 44,174,195 44,609,905
ii) ²¾ß Ûßß£ßíëÝ ¼ßëÝ IN OTHER ACCOUNTS 0 0
ä~Éß TOTAL ( I and II ) 48,533,389 49,016,678
²ßäÐßæ½ßã SCHEDULE - 7 :: ¹ßìÝ~íëÝ ¼ßëÝ ÍßëÏß ßìÀ ¼ßíïÞß £ß¦ßß Éµß Ðßæ½ß²ßß µßÀ µßÆßµ£ß ±ß²ß
BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE
I. ºßßÀ£ß ¼ßëÝ IN INDIA
i) ¹ßìÝ~íëÝ ¼ßëÝ ÍßëÏß BALANCES WITH BANKS
a) ½ßßÉßæ Ûßß£ßíëÝ ¼ßëÝ IN CURRENT ACCOUNTS 1,871,001 1,674,020
¹ßã b) ²¾ß Ìß¼ßß Ûßß£ßíëÝ ¼ßëÝ IN OTHER DEPOSIT ACCOUNTS 76,130 768,640
ii) ¼ßíïÞß ßìÀ Éµß Ðßæ½ß²ßß µßÀ µßÆßµ£ß ±ß²ß MONEY AT CALL AND SHORT NOTICE
a) ¹ßìÝ~íëÝ ë~ µßßÐß WITH BANKS 2,253,150
¹ßã b) ²¾ß ÐßÞÐ¦ßßßëÝ ë~ µßßÐß WITH OTHER INSTITUTIONS 1,550,000
ä~Éß TOTAL 1,947,131 6,245,810
II. ºßßÀ£ß ë~ ¹ßßÑÀ OUTSIDE INDIA
i) ½ßßÉßæ Ûßß£ßíëÝ ¼ßëÝ IN CURRENT ACCOUNTS 1,219,030 797,606
ii) ²¾ß Ìß¼ßß Ûßß£ßíëÝ ¼ßëÝ IN OTHER DEPOSIT ACCOUNTS 1,175,464 883,064
iii) ¼ßíïÞß ßìÀ Éµß Ðßæ½ß²ßß µßÀ µßÆßµ£ß ±ß²ß MONEY AT CALL AND SHORT NOTICE -- --
ä~Éß TOTAL 2,394,494 1,680,670
ä~Éß ÌßíëÊ GRAND TOTAL (I AND II) 4,341,625 7,926,480
202
(Á. 000 ¼ßëÝ Rs in 000s)

As on 31.03.2009 As on 31.03.2008
²ßäÐßæ½ßã SCHEDULE - 8 :: à²ßËßëÍß INVESTMENTS
I ºßßÀ£ß ¼ßëÝ à²ßËßëÍß INVESTMENTS IN INDIA
i) ÐßÀ~ßÀã µßÆà£ßºßæà£ß¾ßíï GOVERNMENT SECURITIES 152,150,333 130,869,021
ii) ²¾ß ²ßä¼ßßëà§£ß µßÆà£ßºßæà£ß¾ßíïÞ OTHER APPROVED SECURITIES 964,036 1,291,321
iii) Íßë¾ßÀ SHARES 1,655,287 2,077,889
iv) àÊ¹ßëÝ½ßÀ ßìÀ ¹ßÞ±ßµß¥ß DEBENTURES AND BONDS 9,893,979 8,896,456
v) ÐßíëàÍß¾ßëÖ ¼ßëÝ à²ßËßëÍß INVESTMENTS IN ASSOCIATES

(GOODWILL / CAPITAL RESERVE - NIL) 363,253 340,594
vi) ²¾ß OTHERS 4,354,620 5,754,951
ä~Éß TOTAL 169,381,508 149,230,232
II ºßßÀ£ß ¼ßëÝ à²ßËßëÍß INVESTMENTS OUTSIDE INDIA -- --
ä~Éß TOTAL -- --
ä~Éß ÌßíëÊ GRAND TOTAL ( I and II ) 169,381,508 149,230,232
à²ßËßëÍß ¼ßëÝ Ðß~Éß ¼ßæÉ¾ß GROSS VALUE OF INVESTMENTS 171,298,112 150,127,397
³ßÖßïÞ LESS: ¼ßæÉ¾ßÑÅßÐß AGGREGATE OF PROVISION FOR DEPRECIATION 1,916,604 897,165
à²ßËßÉß à²ßËßëÍß NET INVESTMENTS 169,381,508 149,230,232
203
(Á. 000 ¼ßëÝ Rs in 000s)
As on 31.03.2009 As on 31.03.2008
²ßäÐßæ½ßã SCHEDULE - 9 :: àßÆ¼ß ADVANCES
A. i) Æ~¾ß à~¾ßë ß¾ßë ßìÀ ºßä²ßß¾ßë ß¾ßë à¹ßÉß BILLS PURCHASED AND DISCOUNTED 12,084,009 10,910,914
ii) ²ß~§ ±ßßÀ, ßëËßÀÊÅß¶~:Ö ßìÀ ¼ßíïÞß µßÀ µßÆà£ß§ë¾ß ~¢ß
CASH CREDITS, OVERDRAFTS AND LOANS REPAYBLE ON DEMAND 249,761,607 187,836,389
iii) ÐßßËßà±ß ~¢ß TERM LOANS 179,546,981 143,636,549
ä~Éß TOTAL 441,392,597 342,383,852
¹ßã B. i) ßíë½ßÀ ßàÐ£ß¾ßíëÝ °ßÀß µßÆà£ßºßæ£ß ( ¹ßÑã Ûßß£ßíëÝ ë~ àßÆ¼ßíëÝ ë~ µßÆà£ß ~¢ß ÐßàÑ£ß)
SECURED BY TANGIBLE ASSETS (Includes Advances against Book Debt) 317,641,439 255,964,862
ii) ¹ßìÝ~ / ÐßÀ~ßÀã µßÆ£¾ßßºßæà£ß¾ßíëëÝ °ßÀß ÐßÞÀàß£ß COVERED BY BANK/GOVERNMENT GUARANTEES 32,576,563 14,854,066
iii) µßÆà£ßºßæ£ß UNSECURED 91,174,595 71,564,924
ä~Éß TOTAL 441,392,597 342,383,852
Ðßã C. I ºßßÀ£ß ¼ßëÝ àßÆ¼ß ADVANCES IN INDIA
i ) µßÆß¦ßà¼ß~£ßß ßë¥ß PRIORITY SECTOR 159,938,147 126,601,130
ii ) ÐßßËßÃÌßà²ß~ ßë¥ß PUBLIC SECTOR 41,417,983 43,123,716
iii ) ¹ßìÝ~ BANKS 2,835,268 2,520,044
iv ) ²¾ß OTHERS 237,201,199 170,138,962
ä~Éß TOTAL 441,392,597 342,383,852
II ºßßÀ£ß ë~ ¹ßßÑÀ àßÆ¼ß ADVANCES OUTSIDE INDIA -- --
ä~Éß ÌßíëÊ GRAND TOTAL ( C I and II ) 441,392,597 342,383,852
²ßäÐßæ½ßã SCHEDULE - 10 :: ½ßÉß ßàÐ£ß¾ßíïÞ FIXED ASSETS
I. µßàÀÐßÀ PREMISES
µßæËßÃ ËßÏßÃ ë~ 31 ¼ßß½ßÃ ë~ Éßßß£ß µßÀ
AT COST AS ON 31ST MARCH OF THE PRECEDING YEAR 696,207 657,900
µßàÀËß±ßÃ²ß ADDITIONS DURING THE YEAR 9,226 39,031
~Öíì£ßã DEDUCTIONS 226,769 724
¹ß £ß~ ¼ßæÉ¾ßÑÅßÐß DEPRECIATION TO DATE 205,721
IA. PREMISES UNDER CONSTRUCTION -- 0
II. ²¾ß ½ßÉß ßàÐ£ß¾ßíïÞ OTHER FIXED ASSETS
(¶~²ßãÃ½ßÀ ßìÀ µßÐ~À ÐßàÑ£ß Including Furniture and Fixtures)
AT COST AS ON 31ST MARCH OF THE PRECEDING YEAR 5,314,301 4,801,810
µßàÀËß±ßÃ²ß ADDITIONS DURING THE YEAR 2,033,604 654,976
~Öíìà£ß¾ßßïÞ DEDUCTIONS DURING THE YEAR 88,839 142,485
¹ß £ß~ ¼ßæÉ¾ßÑÅßÐß DEPRECIATION TO DATE 4,511,840 3,793,107
IIA. ÉßãÊ ßàÐ£ß¾ßíïÞ LEASED ASSETS -- 0
III. µßæïÌßã~ß¾ßÃ µßÆßà£ß µßÀ CAPITAL WORKS IN PROGRESS 127,064 182,958
ä~Éß ÌßíëÊ GRAND TOTAL (I,IA, II & IIA) 3,352,954 2,194,638
204
(Á. 000 ¼ßëÝ Rs in 000s)
As on 31.03.2009 As on 31.03.2008
²ßäÐßæ½ßã SCHEDULE - 11 :: ²¾ß ßàÐ£ß¾ßíïÞ OTHER ASSETS
I. Þ£ßÀ ~ß¾ßßÃÉß¾ß Ðß¼ßß¾ßíëÌß²ß (à²ßËßÉß ) INTER OFFICE ADJUSTMENTS (NET) 2,454,589 2,554,505
II. µßà½ß£ß ¹¾ßßÌß INTEREST ACCRUED 4,613,367 3,362,143
III. àßÆ¼ß Âµß Ðßë µßÆ§££ß ~À
TAX PAID IN ADVANCE/TAX DEDUCTED AT SOURCE 5,904,873 3,746,580
IV. ÉßëÛß²ß Ðßß¼ßßÆã ßìÀ ÐÖß¼µß STATIONERY AND STAMPS 59,025 59,532
V. §ßËßíëÝ ~ã ÐßÞ£ßäàÏÖ ¼ßëÝ ßìÀ ¹ßìÝâ~ß ßàÐ£ß¾ßíïÞ NON BANKING ASSETS ACQUIRED IN
SATISFACTION OF CLAIMS (AT COST) --
VI. ßÐ¦ßàß£ß ~À ßàÐ£ß DEFERRED TAX ASSET- NET 1,193,100 1,377,900
VI. ²¾ß OTHERS 3,844,478 4,428,702
ä~Éß TOTAL 18,069,432 15,529,362
²ßäÐßæ½ßã SCHEDULE - 12 :: ß~àÐ¼ß~ §ë¾ß£ßßï CONTINGENT LIABILITIES

I. ¹ßìÝ~ ë~ àËßÁ« §ßËßë àÌß²ÑëÝ ~¢ß ë~ Âµß ¼ßëÝ ÐËßã~ßÀ ²ßÑãÝ à~¾ßß ß¾ßß
CLAIMS AGAINST THE BANK NOT ACKNOWLEDGED AS DEBTS 3,076,560 3,009,174
II. ßÞàÍß~ Âµß Ðßë µßÆ§££ß à²ßËßëÍß Ñë£ßä §ë¾ß£ßß LIABILITY FOR PARTLY PAID INVESTMENTS -- --
III. µßïÞæÌßã µßÆà£ß¹ß«£ßß CAPITAL COMMITMENTS 84,796 --
IV. OPTIONS & DERIVATIVES 5,863,490 3,008,928
V. ¹ß~ß¾ßß ßëëÆÏß¢ß àËßà²ß¼ß¾ß ÐßÞàËß§ß ë~ àÉß §ë¾ß£ßß
LIABILITY ON ACCOUNT OF OUTSTANDING
FORWARD EXCHANGE CONTRACTS 246,270,766 135,201,242
VI. ÐËßãè~à£ß¾ßíïÞ, µßèÏ×ßÞ~²ß ËßÞ ²¾ß ¹ßß±¾ß£ßßïÞ
ACCEPTANCES, ENDORSEMENTS AND OTHER BALANCES (BGS)
~ a) ºßßÀ£ß ¼ßëÝ IN INDIA 2,945,913 30,805,057
Ûß b) ºßßÀ£ß ë~ ¹ßßÑÀ OUTSIDE INDIA 4,215,938 2,128,478
VII. ÐËßãè~à£ß¾ßíïÞ, µßèÏ×ßÞ~²ß ËßÞ ²¾ß ¹ßß±¾ß£ßßïÞ
ACCEPTANCES, ENDORSEMENTS AND OTHER OBLIGATIONS 40,518,306 13,750,457
VIII. Þ~¶~ÖÃµß¥ß/Ëß½ß²ßµß¥ß LETTER OF COMFORT / UNDERTAKING 4,873,368 2,202,292
IX. ¹¾ßßÌß §À ÐËßìµß INTEREST RATE SWAPS 1,500,000 5,750,000
X. ²¾ß ¼ß§ëÝ, àÌß²ßë~ àÉß ¹ßìÝ~ ß~àÐ¼ß~ Âµß Ðßë §ë¾ß Ñì
OTHER ITEMS FOR WHICH THE BANK IS CONTINGENTLY LIABLE 4,883,627 3,048,615
ä~Éß TOTAL 314,232,764 198,904,243
205
31 ¼ßß½ßÃ 2009 ~íë ß²±ßÆß ¹ßìÝ~ ËßÞ Ðß~ã ²ßäÏßÞàß¾ßßëÝ ~ß Éßßºß Ëß Ñßà²ß ÉßëÛßß
(Á. 000 ¼ßëÝ Rs in 000s)

²ßäÐßæ½ßã SCHEDULE - 13 :: àÌßÃ£ß ¹¾ßßÌß INTEREST EARNED
I. àßÆ¼ßßëÝ / à¹ßÉßíëÝ µßÀ ¹¾ßßÌß / àÀ¾ßß¾ß£ßã

INTEREST/DISCOUNT ON ADVANCES/BILLS 42,150,592 31,769,303
II. à²ßËßëÍßíëÝ µßÀ ß¾ß INCOME ON INVESTMENTS 10,989,847 9,679,214
III. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ¼ßëÝ ÍßëÏß ßìÀ ²¾ß Þ£ßÀ¹ßìÝ~ à²ßà±ß¾ßíëÝ µßÀ ¹¾ßßÌß
INTEREST ON BALANCES WITH RESERVE BANK
OF INDIA AND OTHER INTER BANK FUNDS 376,731 366,982
IV. ²¾ß OTHERS 228,998 280,144
ä~Éß TOTAL 53,746,168 42,095,643
²ßäÐßæ½ßã SCHEDULE - 14 :: ²¾ß ß¾ß OTHER INCOME
I. ~¼ßãÍß²ß, àËßà²ß¼ß¾ß ßìÀ §ÉßßÉßã COMMISSION, EXCHANGE AND BROKERAGE 1,951,104 2,124,323
II. ºßæà¼ß, ºßËß²ßíëÝ ßìÀ ²¾ß ßàÐ£ß¾ßíëÝ ë~ àËßÆ~¾ß µßÀ Éßßºß àËßà²ß¼ß¾ß Éßë²ß§ë²ß µßÀ Éßßºß
PROFIT ON SALE OF LAND, BUILDINGS AND OTHER ASSETS 3,346 2,448
III. àËßà²ß¼ß¾ß Éßë²ß§ë²ß µßÀ Éßßºß PROFIT ON EXCHANGE TRANSACTIONS 525,087 334,149
IV. à²ßËßëÍß ë~ àËßÆ~¾ß µßÀ Éßßºß PROFIT ON SALE OF INVESTMENTS 2,375,951 1,223,490
V. µßÆà£ßºßæà£ß¾ßíë ë~ à²ß¼ßíëÃ½ß²ß µßÀ Éßßºß PROFIT ON REDEMPTION OF SECURITIES (168,564) (187,910)
VI. àËßàËß±ß ß¾ß MISCELLANEOUS INCOME 2,966,774 2,809,692
ä~Éß TOTAL 7,653,698 6,306,192
206
31 ¼ßß½ßÃ 2009 ~íë ß²±ßÆß ¹ßìÝ~ ËßÞ Ðß~ã ²ßäÏßÞàß¾ßßëÝ ~ß Éßßºß Ëß Ñßà²ß ÉßëÛßß
(Á. 000 ¼ßëÝ Rs in 000s)

²ßäÐßæ½ßã SCHEDULE - 15 :: Ë¾ß¾ß à~¾ßß ß¾ßß ¹¾ßßÌß INTEREST EXPENDED
I. Ìß¼ßßÀßàÍß¾ßíëÝ µßÀ ¹¾ßßÌß INTEREST ON DEPOSITS 34,861,589 27,771,914
II. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ / Þ£ßÀ ¹ßìÝ~ ±ßßÀíëÝ µßÀ ¹¾ßßÌß
INTEREST ON RESERVE BANK OF INDIA/INTER-BANK BORROWINGS 1,210,164 420,348
III. ²¾ß OTHERS 1,395,674 501,347
ä~Éß TOTAL 37,467,427 28,693,609

²ßäÐßæ½ßã SCHEDULE - 16 :: µßàÀ½ßßÉß²ß Ë¾ß¾ß OPERATING EXPENSES
I. ~¼ßÃ½ßßàÀ¾ßíëÝ ~íë ºßäß£ßß²ß ßìÀ ²ßë~ àÉß µßÆßËß±ßß²ß
PAYMENTS AND PROVISIONS FOR EMPLOYEES 6,241,188 5,094,461
II. à~Àß¾ßß, ~À ßìÀ ÀíëÍß²ßã RENT, TAXES AND LIGHTING 885,233 773,287
III. ¼ßä§Æ¢ß ßìÀ ÉßëÛß²ß Ðßß¼ßßÆã PRINTING AND STATIONERY 149,388 144,049
IV. àËßÒßßµß²ß ßìÀ µßÆ½ßßÀ ADVERTISEMENT AND PUBLICITY 104,987 98,918
V. A. ¹ßìÝ~ ~ã ÐßÞµßà££ß µßÀ ¼ßæÉ¾ßÑÅßÐß
DEPRECIATION ON BANKS PROPERTY
OTHER THAN LEASED ASSETS 817,591 613,352
B. DEPRECIATION ON LEASED ASSETS -- --
VI. à²ß§ëÍß~ßëÝ ~ã ¶~ãÐß, ºß££ßë ßìÀ Ë¾ß¾ß
DIRECTORS FEES, ALLOWANCES AND EXPENSES 9,541 5,387
VII. ÉßëÛßß µßÀãß~íëÝ ~ã ¶~ãÐß ßìÀ Ë¾ß¾ß (ÍßßÛßß ÉßëÛßß µßÀãß~ ÐßàÑ£ß)
AUDITORS FEES AND EXPENSES (Including Branch Auditors) 131,565 131,369
VIII àËßà±ß µßÆºßßÀ LAW CHARGES 46,136 25,903
IX. Êß~ Ë¾ß¾ß, £ßßÀ ßìÀ ÖëÉßã¶~íë²ß ßà§
POSTAGE, TELEGRAMS, TELEPHONES ETC. 232,006 186,819
X. ¼ßÀ¼¼ß£ß ßìÀ ²ßäÀß¢ß REPAIRS AND MAINTENANCE 554,261 341,594
XI. ¹ßã¼ßß INSURANCE 545,836 497,017
XII. ²¾ß Ë¾ß¾ß OTHER EXPENDITURE 1,326,324 1,179,812
ä~Éß TOTAL 11,044,056 9,091,968
207
²ßäÐßæ½ßã - 17 ¼ßÑ£Ëßµßæ¢ßÃ ÉßëÛßß ²ßãà£ß¾ßíï ½ß. Ðß µßÆ¾ßíëÌß²ß ë~ àÉß µß¾ßíëß ~ã ß¾ßã àËßà²ß¼ß¾ß §ÀëÝ ¶ë~Êß¨Ã °ßÀß ²ßíëàÖ¶~ßÊ
1. Ðßß¼ßß²¾ß : ÑìÝ.
4. à²ßËßëÍß :
àËß££ßã¾ß àËßËßÀ¢ß, ²¾ß¦ßß àÉÉßàÛß£ß ²ß Ñíë²ßë µßÀ, àËß§ò¾ß¼ßß²ß §èàÏÖª~íë¢ß
ª~. ¹ßìÝª~ ªë~ à²ßËßëÍß ÐßÞàËßºßßß à²ß¼²ß µßÆª~ßÀ £ßã²ß ÎÇíëà¢ß¾ßßëÝ ¼ßëÝ ËßßãÃªè~£ß àª~¾ßß ß¾ßß Ñì.
µß²ßß£ßë Ñä© µßßÀÞµßàÀª~ Éßßß£ß ËßÞ ÐßÞà½ß£ß ß±ßßÀ µßÀ ËßÞÞ ÐßßÞàËßà±ßª~
µßÆßËß±ßß²ßíëÝ ª~ë ²ßäÂµß ©ËßÞ ºßßÀ£ßã¾ß Ðß²ß§ã ÉßëÛßß~ßÀ ÐßÞÐ¦ßß²ß °ßÀß ÌßßÀã i) µßàÀµß¬Ëß£ßß £ßª~ ÀÛßë ß¾ßë (½ßÖã¼ß)
ÉßëÛßß¼ßß²ß~íëÝ/¼ßßßÃ§ÍßãÃ ²ßíëÖ ßìÀ ºßßÀ£ß ¼ßëÝ ¹ßìÝâ~ß ñ®íëß ¼ßëÝ µßÆ½ßàÉß£ß µßÆ¦ßß ii) à¹ßªÆ~ã ªë~ àÉß© ^µßÉß¹±ß (¶~Ðß)
ë~ ²ßäÐßßÀ £ßì¾ßßÀ àª~¾ßë ß¾ßë ÑìÞ. iii) Ë¾ßßµßßÀß¦ßÃ ÀÛßë ß¾ßë (½ß¶~Öã)
µßàÀµß¬Ëß£ßß £ßª~ ÀÛßë ß¾ßë à²ßËßëÍß ªë~ Þ£ßßÃ£ß µßàÀµß¬Ëß£ßß £ßª~ ÀÛß²ßë ªë~
2. ÀßÌßÐËß ~ã µßÑ½ßß²ß ^§ò§ëÍ¾ß Ðßë µßÆßµ£ß ª~ã ß¾ßã µßÆà£ßºßæà£ß¾ßíï ß£ßã Ñì. Ë¾ßßµßßÀ ªë~ àÉß© ÀÛßë ß¾ßëë
~. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ °ßÀß ¹ß²ßß¾ßë ß¾ßë ¼ßß²ß§ÞÊíëÝ ë~ ²ßäÐßßÀ ²ßÌßÃ~ ªë~ Þ£ßßÃ£ß Ë¾ßßµßßÀ ªë~ ^§ò§ëÍ¾ß Ðßë µßÆßµ£ß µßÆà£ßºßæà£ß¾ßíï ß£ßã ÑìÝ. à¹ßªÆ~ã ªë~
àßÆ¼ßíëÝ ËßÞ à²ßËßëÍßíëÝ µßÀ ¹¾ßßÌß ~ß à²ß±ßßÃÀ¢ß à~¾ßß Ìßß£ßß Ñì. àÉß© ^µßÉß¹±ß µßÆà£ßºßæà£ß¾ßíï Ëßë ÑììÝ Ìßíë ^µß¾ßäÃ¬£ß §íë²ßíëÝ ËßßíëÄ ¼ßëÝ ËßßãÃªè~£ß ²ßÑãÝ
ÑìÝ.
Ûß. à£ß§ë¾ß à¹ßÉßíëÝ µßÀ ¹¾ßßÌß, ~¼ßãÍß²ß, àËßà²ß¼ß¾ß, ¹ßÆíë~ÀëÌß ËßÞ Éßíî~ÀíëÝ µßÀ Ûß. £ßäÉß²ßµß¥ß ¼ßëÝ µßÆª~Ö ª~À²ßë ªë~ àÉß© à²ßËßëÍß à²ß¼²ßàÉßàÛß£ß ¿: ºßßßíëÝ ¼ßëÝ ËßßãÃªè~£ß
à~Àß¾ßß ßßÑã µßÀ ÉßëÛßß¹ß« à~¾ßß Ìßß£ßß Ñì. àª~¾ßë Ìßß£ßë ÑìÞ.
ß. Ëßß§ §ßàÛßÉß Ûßß£ßíëÝ ªë~ ¼ßß¼ßÉßë ¼ßëÝ, Éßßºß ©ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ àËßà±ßª~ Ë¾ß¾ß i) ÐßÀª~ßÀã µßÆà£ßºßæà£ß¾ßíï
µßÆºßßàÀ£ß àª~¾ßß ß¾ßß Ñì. ^Ðßã £ßÀÑ, Ëßß§ §ßàÛßÉß Ûßß£ßíëÝ ªë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ii) ²¾ß ²ßä¼ßíëà§£ß µßÆà£ßºßæà£ß¾ßíï
àËßà±ßª~ Ë¾ß¾ß ª~ã ËßÐßæÉßã ªë~ Ðß¼ß¾ß ËßÐßæÉß ª~ã ß¾ßã ÀßàÍß, ß¾ß ªë~ Âµß ¼ßëÝ iii) Ííë¾ßÀ
µßàÀª~àÉß£ß Ñì. iv) àÊ¹ßëÝ½ßÀ ©ËßÞ ¹ßíïÊ
3. àËß§ëÍßã ¼ßä§ßÆ Éßë²ß§ë²ß : v) ²ßäÏßÞßã ©ËßÞ ÐßÞ¾ßä¬£ß ^§ò¾ß¼ß
vi) ²¾ß
ª~. ß¾ß ©ËßÞ Ë¾ß¾ß ª~ã ¼ß§ëÝ Éßë²ß§ë²ß ª~ã £ßßÀãÛß µßÀ µßÆ½ßàÉß£ß àËßà²ß¼ß¾ß §ÀíëÝ µßÀÝ
ß. ¼ßæÉ¾ßßÞª~²ß :
§ÌßÃ ~ã Ìßß£ßã ÑìÝ.
ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ ªë~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ªë~ ²ßäÐßßÀ µßÆ£¾ßëª~ ËßßÃ ª~ã
Ûß. ¼ßíìà§Æ~ ¼ß§íëÝ ~íë Ðßßµ£ßßàÑ~ ßìÐß£ß §À µßÀ Àë~ßÊÃ à~¾ßß Ìßß£ßß Ñì. µßÆà£ßºßæà£ß¾ßíëÝë ª~ß ¼ßæÉ¾ß²ß à²ß¼²ß ªë~ ß±ßßÀ µßÀ àª~¾ßß Ìßß£ßß Ñì.
£ßäÉß²ßµß¥ß ~ã à£ßà¦ß ~íë ¬ÉßíëâÌßß §ÀíëÝ µßÀ ëÐßã ¼ßíìà§Æ~ ¼ß§íëÝ ~íë àÀµßëßÖÃ i) µßàÀµß¬Ëß£ßß à£ßà¦ß £ßª~ ÀÛßë ß¾ßë :
à~¾ßß Ìßß£ßß Ñì. ËßÏßÃ ë~ ²£ß ¼ßëÝ µßÆ½ßàÉß£ß ëÐßã ¼ßíìà§Æ~ ¼ß§íëÝ ~ã àÀµßíëàÖÄß ª~. ¨Ðß ËßßÃ ¼ßëÝ ÀÛßë ß¾ßë à²ßËßëÍß, µßàÀÍßíë±ß²ß ª~ã ÌßÃ²ß Éßßß£ß ~íë ~¼ß ~À
µßÀ ß²ßëËßßÉßë àËßà²ß¼ß¾ß ²£ßÀ ~íë ß¾ß ¾ßß Ë¾ß¾ß, ¾ß¦ßß ¼ßß¼ßÉßß Ñíë, ¾ßß àÉß¾ßë Ìßß£ßë ÑìÝ. ¾ßà§ Þàª~£ß ¼ßæÉ¾ß Ðßë ÌßÃ²ß Éßßß£ß à±ßª~ Ñíë £ßíë ÍßëÏß,
µßÆßÀÞºß ¼ßëÝ Ìßíë Àë~ßÊÃ à~¾ßë ß¾ßë ÑìÝ Ðßë Éßß ¼ßíìà§Æ~ ¼ß§íëÝÞ ë~ à²ßµßÖß²ß µßÀ µßàÀµß¬Ëß£ßß Ëßà±ß ¼ßëÝ µßàÀÍßßëà±ß£ß àª~¾ßß Ìßß£ßß Ñì.
à²ß±ßßÃàÀ£ß à~¾ßß Ìßß£ßß Ñì Ûß. Ð¦ßß¾ßã µßÆªè~à£ß ªë~ à²ßËßëÍßíëÝ ªë~ ÉßßËßß ²ßäÏßÞàß¾ßíëÝ ©ËßÞ ÐßÞ¾ßä¬£ß ^§ò¾ß¼ßíëÝ ªë~
ß. Ëßß¾ß§ß àËßà²ß¼ß¾ß ~ÀßÀ µßÆßÀÞºß ¼ßëÝ ¹ßäâ~ß ë~ Ðß¼ß¾ß µßÆ½ßàÉß£ß àËßà²ß¼ß¾ß §À à²ßËßëÍß ¼ßæÉ¾ßíëÝ ¼ßëÝ Ñä© ÑÅßÐß ª~íë à²ß±ßßÃàÀ£ß àª~¾ßß Ìßß£ßß Ñì ßìÀ µßÆ£¾ßëª~ à²ßËßëÍß
µßÀ §ÌßÃ à~¾ßë Ìßß£ßë ÑìÝ ßìÀ £ßäÉß²ßµß¥ß à²ßà±ß ~íë ºßã ¼ßíìàÉß~ ¹ßäâ~ß §À ªë~ àÉß© Éßß Ðßë µßÆßËß±ßß²ßãè~£ß àª~¾ßß Ìßß£ßß Ñì.
àÀµßíëÖÃ ~ã Ìßß£ßã Ñì. Ðß µßÆ~ßÀ ë~ Ëßß¾ß§ß ~ÀßÀ ºßßÀ£ßã¾ß ¼ßä§ß àËßà²ß¼ß¾ß ii) à¹ßªÆ~ã ªë~ àÉß© ^µßÉß¹±ß :
ÊãÉßÀ ÐßÞ³ß (¶ë~Êß) ë~ µßä²ß¼ßæÃÉ¾ßßÞ~²ß §À ë~ ß±ßßÀ µßÀ µßÆ£¾ßë~ ¼ßÑã²ßë ë~ ª~. ¨Ðß ËßßÃ ªë~ Þ£ßßÃ£ß ÀÛßë ß¾ßëë à²ßËßëÍß ¹ßßÌßßÀ ¼ßëÝ à£ß¼ßßÑã Þ£ßÀßÉß ¼ßëÝ ¹ßßÌßßÀ
Þ£ß ¼ßëÝ à¶~À Ðßë ¼ßæÉ¾ßßÞà~£ß à~¾ßë Ìßß£ßë ÑìÝ. Ëßß¾ß§ß àËßà²ß¼ß¾ß ~ÀßÀ ë~ ¼ßæÉ¾ß µßÀ ¹ßë½ßë Ìßß£ßë ÑìÞ ßìÀ Íßë¾ßÀ ¹ßßÌßßÀ, ©ÐßÌßã©Éß Ûßß£ßß Éßë²ß§ë²ß,
ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìªÝ ~ ª~ã ¼ßæÉ¾ß Ðßæ½ßã, µßÆß¾ß¼ßÀã ÊãÉßÐßÃ ÐßíëàÐß©Íß²ß ßî¶~~¨ÞàÊ¾ßß
À§ò§ã~À¢ß µßÀ µßÆßµ£ß à~Ðßã Éßßºß ¾ßß Ñßà²ß ~íë ß¾ß ¾ßß Ë¾ß¾ß, ÌßìÐßß ºßã
(µßãÊã©ß¨Ã) °ßÀß ³ßíëàÏß£ß ¼ßæÉ¾ß ßìÀ à¶~~¬ÐßÊ ¨²ßª~¼ß ¼ß²ßã ¼ßßªëÃ~Ö ßìÀ
¼ßß¼ßÉßß Ñíë, ë~ Âµß ¼ßëÝ ¼ßß²¾ß£ßß à§¾ßß Ìßß£ßß Ñì. ÊëàÀËßëàÖËß ÐßíëàÐß©Íß²ß ßî¶~~ ¨ÞàÊ¾ßß (©¶~~ß¨Ã©¼ß©¼ßÊã©) Ðßë ÐßÞ¾ßä¬£ß Âµß
³ß. àËß§ëÍßã ÐßßÛß µß¥ßíëÝ £ß¦ßß ßßÀÞÖã µß¥ßíëÝ ~ß, ëÐßã µßÆà£ß¹ß«£ßß ~ã £ßßÀãÛß µßÀ ¼ßëÝ, £ßäÉß²ßµß¥ß ª~ã à£ßà¦ß µßÀ µßÉß¹±ß ¹ßßÌßßÀ §ÀíëÝ µßÀ ¼ßæÉ¾ßßÞàª~£ß àª~¾ßß
µßÆ½ßßàÉß£ß §ÀíëÝ ë~ ²ßäÐßßÀ àÀ~ßÊÃ à~¾ßß Ìßß£ßß Ñì. à¶~À ºßã, £ßäÉß²ß µß¥ß ~ã Ìßß£ßß Ñì. ²ßª~íëÖëÊ µßÆà£ßºßæà£ß¾ßíëÝ ª~ß ¼ßæÉ¾ßßÞª~²ß ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ ªë~
£ßßÀãÛß µßÀ Ðß¼ßßàµ£ß §À ë~ ²ßäÐßßÀ ¹ß~ß¾ßß ¼ß§íëÞ ~ß §ä¹ßßÀß Ëß¢ßÃ²ß à~¾ßß ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ªë~ ²ßäÐßßÀ àª~¾ßß Ìßß£ßß Ñì.
Ìßß£ßß Ñì. Ûß. ¿ó Ðß¼ßæÑíëÝ ¼ßëÝ Ðßë (^µß¾ßäÃ¬£ß µßìÀß Ûß) µßÆ£¾ßëª~ ªë~ Þ£ßßÃ£ß Íßä« ¼ßæÉ¾ßÑÅßÐß ª~ß
µßæ¢ßÃ£ß¾ßß µßÆßËß±ßß²ß àª~¾ßß Ìßß£ßß Ñì Ìß¹ßàª~ ^µß¾ßäÃ¬£ß à~Ðßã ºßã Ðß¼ßæÑ ªë~
Ê. ¹ßì~ Öæ ¹ßì~ ß±ßßÀ µßÀ àÉß¾ßë ß¾ßë ÊëàÀËßëàÖËß-ÐßÞàËß§ß, ÐßÞàËß§ß ~ã à£ßà¦ß ~íë ²£ßßÃ£ß Íßä« ¼ßæÉ¾ß Ëßèà« ~ã µßëßß ~ã Ìßß£ßã Ñìì. Éßß Éßß µßÆà£ßºßæà£ß¾ßíëÝ
µßÆ½ßàÉß£ß §ÀíëÝ µßÀ à~¾ßë Ìßß£ßë ÑìÝ ËßÞ £ßäÉß²ßµß¥ß ~ã £ßßÀãÛß ~íë, ¬ÉßíëâÌßß ~ß ¹ßÑã ¼ßæÉ¾ß ¼ßßàÄ~ß Öæ ¼ßßëÃ~Ö ~À²ßë ë~ ¹ßß§ à~Ðßã ºßã µßÆ~ßÀ ~ß
ÊëÖ µßÀ àÀµßíëÖÃ à~¾ßë Ìßß£ßë ÑìÝ. ²ß Éßë²ß§ë²ß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ÀßÌßÐËß ~ß µßàÀËß£ßÃ²ß ²ßÑãÝ Ñíë£ßß Ñì.
à²ß±ßßÃÀ¢ß ÐßÞàËß§ß ~ã Ðß¼ßßàµ£ß µßÀ à~¾ßß Ìßß£ßß Ñì ¾ßß ÐßÞàËß§ß ë~ Ðß¼ß¾ß-µßæËßÃ iii) Ë¾ßßµßßÀß¦ßÃ ÀÛßë ß¾ßë :
Ðß¼ßßàµ£ß µßÀ Ðß¼ßß²ßäµßßà£ß~ Ëßà±ß ë~ àÉß. ¹ßì~ Öæ ¹ßì~ ß±ßßÀ µßÀ ~. ¨Ðß ËßßÃ ªë~ à²ßËßëÍß ª~ß ¼ßæÉ¾ß²ß µßÆ£¾ßëª~ ¼ßÑã²ßë ªë~ Þ£ß ¼ßëÝÞ ¶~ß¨Ã¼ßÊã
ÐßÞàËß§ß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ÐßÞàËß§ß ~ã Ëßà±ß µßæËßÃ Ðß¼ßßàµ£ß µßÀ ß¾ß, Ðß¼ßßàµ£ß °ßÀß ~ã¼ß£ß/µßÆà£ß¶~Éß ³ßíëàÏß£ß ~À²ßë ë~ ¹ßß§ ¹ßßÌßßÀ ºßßËßíëÝ ªë~ ß±ßßÀ µßÀ
Ðß¼ß¾ß µßÀ à²ß±ßßÃàÀ£ß à~¾ßß Ìßß£ßß Ñì.Þ ¹ßßÌßßÀ §À µßÀ à~¾ßß Ìßß£ßß Ñì.
208
SCHEDULE 17 SIGNIFICANT ACCOUNTING POLICIES f. The exchange rates used for this purpose are those noti-
fied by FEDAI.
1. GENERAL:
4. INVESTMENTS:
The financial statements are prepared on historical cost
convention and accrual basis, unless otherwise stated, A. The Investment portfolio of the Bank is classified into
by following going concern concept and conform to the the following three categories:
statutory provisions, accounting standards/guidance notes i) Held to Maturity (HTM)
issued by Institute of Chartered Accountants of India and ii) Available for Sale (AFS)
practices prevailing in the banking industry in India.
iii) Held for Trading (HFT)
2. REVENUE RECOGNITION:
Held to Maturity category comprises of securities acquired
a. Interest on non-performing advances and investments is with the intention to hold them up to maturity. Held for Trading
recognised as per the norms laid down by Reserve Bank category comprises securities acquired with the intention of
of India. trading. Available for Sale securities are those which are
b. Interest on overdue bills, commission, exchange, not classified in either of the above two categories.
brokerage and rent on lockers are accounted on B. Investments are grouped and shown in Balance Sheet
realization. under the following six heads:
c. In case of suit filed accounts legal and other expenses i) Government Securities
incurred are charged to Profit and Loss account and at
ii) Other Approved Securities
the time of recovery of such expenses the same is
accounted as income. iii) Shares
3. FOREIGN EXCHANGE TRANSACTIONS: iv) Debentures and Bonds
v) Subsidiaries and Joint Ventures
a. Income and Expenditure items are recorded at the
exchange rates prevailing on the date of transaction. vi) Others.
b. Monetary items are reported at weekly average rate. Such C. Valuation:
monetary items are reported at closing rates as at balance The securities in each classification are valued in accordance
sheet date. Exchange differences arising on the reporting with Reserve Bank of India guidelines on the following basis:-
of such monetary items at rates prevailing at the year
end or on the settlement of monetary items at rates i) Held to Maturity:
different from those at which they were initially recorded, a. Investments classified under this category are stated at
are recognized as income or expense, as the case may acquisition cost net of amortisation. The excess of
be. acquisition cost over the face value, if any, is amortised
c. Forward exchange contracts are initially recorded at over the remaining period of maturity.
exchange rate prevailing at the time of booking of the b. Any diminution, other than temporary in nature, in the
contract and reported on the Balance Sheet date also at value of investments is determined and provided for, each
original booked rate only. Such forward contracts are investment individually.
revalued on the basis of FEDAI revaluation rate at the ii) Available for Sale:
end of each month and profit or loss on such revaluation
is recognized as income or expenses as the case may a. Investments classified under this category are marked to
be. Any profit and loss arising on cancellation of a forward market on quarterly basis and valued as per Reserve Bank
exchange contract is recognized as income or expendi- of India guidelines at the market rates available on the
ture as the case may be . Balance Sheet date from trades/quotes on the Stock
Exchanges, prices/yields declared by the Fixed Income
d. Foreign Letters of Credit and Letters of Guarantee are Money Market and Derivatives Association of India
recorded at the rates prevailing on the date of entering (FIMMDA). Unquoted securities are also valued as per
into such commitment. Outstanding items are restated at the Reserve Bank of India guidelines.
the rate prevailing at the Balance Sheet date.
b. The net depreciation under each of the six heads (Para b
e. Derivative contracts undertaken on back-to-back basis above) is fully provided for, whereas the net appreciation,
or for hedging our own foreign currency exposure are if any, under any of the aforesaid heads is ignored. The
recorded at the rate prevailing on the date of the contract book value of the individual securities does not undergo
and are reported at the closing rates at the Balance Sheet any change after marking to market.
date. The revenue in respect of these transactions is
recognized for the proportionate period till expiry of the iii) Held for Trading:
contract. In respect of contracts done on back to back a) Investments classified under this category are valued at
basis, the revenue on early termination of the contract is market price based on market quotations, prices/yields
recognized on termination. declared by FIMMDA at the end of every month.
209
Ûß. ¼ßæÉ¾ßÑÅßÐß, àÐªÆ~µßò- ËßßÀ à²ß±ßßÃàÀ£ß àª~¾ßß Ìßß£ßß Ñì ßìÀ ¾ßà§ ¼ßæÉ¾ß Ëßèà« Ûß. ¹¾ßßÌß §À ÐËßßµß (Ë¾ßßµßßÀ)
Ñíë £ßíë Ðß~ã µßëßß ~ã Ìßß£ßã Ñì. i) Ë¾ßßµßßÀ ÐËßßµß ë~ ¹ßßÌßßÀ ¼ßæÉ¾ß ~íë ¹ßÑã ¼ßëÝ Þà~£ß à~¾ßß Ìßß£ßß Ñì £ß¦ßß
ß. Éßß Éßß µßÆà£ßºßæà£ß¾ßíëÝ ~ß ¹ßÑã ¼ßæÉ¾ß ¼ßßàÄ~ß Öæ ¼ßßëÃ~Ö ~À²ßë ë~ µßàÀËß£ßÃ²ßíëÝ ~íë Éßßºß ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ §ÌßÃ à~¾ßß Ìßß£ßß Ñì.
¹ßß§ à~Ðßã ºßã µßÆ~ßÀ ~ß µßàÀËß£ßÃ²ß ²ßÑãÝ Ñíë£ßß Ñì. ii) ëÐßë ÐËßßµßíëÝ Ðßë ÐßÞ¹ßÞà±ß£ß ß¾ß ËßÞ Ë¾ß¾ß ~íë à²ßµßÖß²ß £ßßÀãÛß ¼ßëÝ à²ß±ßßÃàÀ£ß
³ß. àËßËßëª~µßæ¢ßÃ ¼ßß²ß§ÞÊ : à~¾ßß Ìßß£ßß Ñì.
ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ ªë~ ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ ªë~ ²ßäÐßßÀ ²ßÌßÃª~ à²ßËßëÍßíëÝ iii) ÍßäÉ~ ~ß à²ß±ßßÃÀ¢ß ß¾ß ¾ßß Ë¾ß¾ß ë~ Âµß ¼ßëÝ à~¾ßß Ìßß£ßß Ñì.
ª~ã µßÑ½ßß²ß ~ã Ìßß£ßã Ñì ßìÀ ^²ß µßÀ µßÆßËß±ßß²ß à~¾ßë Ìßß£ßë ÑìÝ. ²ßÌßÃª~ iv) ÐËßßµß ~ã Ðß¼ßßàµ£ß µßÀ Éßßºß ¾ßß Ñßà²ß, ëÐßã Ðß¼ßßàµ£ß ë~ £ßäÀ²£ß ¹ßß§ ß¾ß
à²ßËßëÍßíëÝ ªë~ ÐßÞ¹ßÞ±ß ¼ßëÝ µßëàß£ß µßÆßËß±ßß²ß ª~íë ²¾ß ÌßÃª~ à²ßËßëÍßíëÝ ªë~ µßÆà£ß ¾ßß Ë¾ß¾ß ë~ Âµß ¼ßëÝ §ÌßÃ à~ Ìßß£ßë ÑìÝ.
Ðß¼ßß¾ßíëàÌß£ß ²ßÑãÝ àª~¾ßß Ìßß£ßß Ñì. 6. àßÆ¼ß
´. à²ßËßëÍßíëÝ ª~ã à¹ßªÆ~ã µßÀ Éßßºß/Ñßà²ß : ~. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ °ßÀß ÌßßÀã àËßËßë~µßæ¢ßÃ ¼ßß²ß§ÞÊíëÝ ë~ ²ßäÐßßÀ àßÆ¼ß
i. à²ßËßëÍßíëÝ ª~ã à¹ßªÆ~ã µßÀ Éßßºß ¾ßß Ñßà²ß ~ß à²ß±ßßÃÀ¢ß ºßßàÀ£ß ßìÐß£ß ÉÉßëÛß à~¾ßë Ìßß£ßë ÑìÝ.
Éßßß£ß ªë~ ß±ßßÀ µßÀ à~¾ßß Ìßß£ßß Ñì. àÊ¹ßëÝ½ßÀ/¹ßíïÊíëÝ ªë~ ¼ßíë½ß²ß µßÀ i. àßÆ¼ß ¼ßß²ß~, Ëß¼ßß²ß~, ÐßÞà§±ß ËßÞ Ñßà²ß ßàÐ£ß¾ßíïÞ ~¢ßã ËßßÀ
µßÆãà¼ß¾ß¼ß ª~ã µßÑ½ßß²ß, ¼ßíë½ß²ß ~ã £ßßÀãÛß µßÀ ª~ã Ìßß£ßã Ñì. ii. ²ßÌßÃ~ ßàÐ£ß¾ßíëÝ ë~ àÉß à~¾ßë ß¾ßë µßÆßËß±ßß²ß ËßÞ
ii. à¹ßªÆ~ã ªë~ àÉß© ^µßÉß¹±ß ßìÀ Ë¾ßßµßßÀß¦ßÃ ÀÛßë ß¾ßë ÎÇíëà¢ß¾ßíëÝ ªë~ à²ßËßëÍßíëÝ iii. ¼ßß²ß~ àßÐ£ß¾ßíëÝ ë~~ àÉß ß¼ß µßÆßËß±ßß²ß
ª~ã à¹ßªÆ~ã µßÀ Éßßºß, Éßßºß ©ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ à²ß±ßßÃàÀ£ß àª~¾ßß Ìßß£ßß Ñì. Ûß. £ßäÉß²ßµß¥ß ¼ßëÝ àÉÉßàÛß£ß àßÆ¼ß à²ß¼²ßàÉßàÛß£ß ë~ àÉß à~¾ßë ß¾ßë µßÆßËß±ßß²ß
iii. µßàÀµß¬Ëß£ßß £ßª~ ÀÛßë ß¾ßë ÎÇíë¢ßã ªë~ à²ßËßëÍßíëÝ ª~ã à¹ßªÆ~ã µßÀ Éßßºß, µßÑÉßë ~íë ~¼ß ~À ÑìÝ
Éßßºß ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ ÀÛßß Ìßß£ßß Ñì ßìÀ Éßßºß ª~ã Ðß¼ßß²ß ÀßàÍß µßïæÌßã i. ²ßÌßÃ~ ßàÐ£ß¾ßíïÞ
ßÀàß£ß à²ßà±ß ¼ßëÝ àËßà²ß¾ßíëàÌß£ß ~ã Ìßß£ßã Ñì. ii. ²ßÌßÃ~ ßàÐ£ß¾ßëßÞ ë~ àÉß à£ßàÀ¬£ß µßÆßËß±ßß²ß
iv. ¨²ß £ßã²ß ÎÇíëà¢ß¾ßíëÝ ¼ßëÝ Ðßë àª~Ðßã ©ª~ ¼ßëÝ à²ßËßëÍßíëÝ ª~ã à¹ßªÆ~ã µßÀ Ñä¨Ã Ñßà²ß, ß. ²ßÌßÃ~ ßàÐ£ßß¾ßíëÝÞ ¼ßëÝ ßÞàÍß~ ËßÐßæÉßã µßÑÉßë µßÆºßßÀ ËßÞ ¹¾ßßÌß ~íë àËßºßßàÌß£ß
Éßßºß ©ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ à²ß±ßßÃàÀ£ß àª~¾ßß ß¾ßß Ñì. à~¾ßß Ìßß£ßß Ñì ¹ßß§ ¼ßëÝÞ ¼ßæÉß ë~ µßÆà£ß
½ß. Ðßß¼ßß²¾ß: 7. ½ßÉß ßàÐ£ß¾ßíï :
i. Þ£ßÀ¢ß £ßßÀãÛß µßÀ Éßßßæ à²ß¼²ß à±ßßÆÑ¢ß Éßßß£ß/¹ßÑã ¼ßæÉ¾ß/¹ßßÌßßÀ ~. µßàÀÐßÀ £ß¦ßß ²¾ß àÐ¦ßÀ ßàÐ£ß¾ßíëÝ ~ß Ëß¢ßÃ²ß µßÀÞµßÀßß£ß Éßßß£ß ¼ßëÝ
¼ßæÉ¾ß µßÀ µßÆà£ßºßæà£ß¾ßíëÝ ª~íë ©ª~ ËßßÃ Ðßë §æÐßÀë ËßßÃ ª~íë Þ£ßàÀ£ß àª~¾ßß Ìßß£ßß ¼ßæÉ¾ßÑÅßÐß ë~ à²ßËßÉß µßÀ à~¾ßß Ìßß£ßß Ñì.
Ñì. ©ëÐßë Þ£ßÀ¢ß µßÀ, ¼ßæÉ¾ßÑÅßÐß ¾ßà§ Ñíë, ª~ß µßÆßËß±ßß²ß àª¾ßß Ìßß£ßß Ñì £ß¦ßß Ûß. ¼ßæÉ¾ßÑÅßÐß
£ß§²ßäÐßßÀ ¹ßÑã ¼ßæÉ¾ß ¹ß§Éßß Ìßß£ßß Ñì. i. Þ~µß²ßã à±ßà²ß¾ß¼ß 1956 ~ã ²ßäÐßæ½ßã XIV ¼ßëÝ àËßà²ßà§ÃÏÖ §ÀíëÝ µßÀ
ii. µßÆà£ßºßæà£ß¾ßíëÝ ªë~ àºß§ß²ß µßÀ µßÆßµ£ß µß¶~ÆÞ~Ö ÍßäÉª~/µßÆíë£ÐßßÑ²ß ÀßàÍß Þ~µ¾ßæÖÀ ~íë ¿íëÊ~À µßàÀÐßÀ ËßÞ ²¾ß ßàÐ£ß¾ßíëÝ µßÀ ¼ßæÉ¾ßÑÅßàÐß£ß ¹ßÑã
µßÆà£ßºßæà£ß¾ßíëÝ ª~ã Éßßß£ß Ðßë ³ßÖß¾ßã Ìßß£ßã Ñì. µßÆà£ßºßæà£ß¾ßíëÝ ª~ã à¹ßªÆ~ã ªë~ ¹ßß§ ¼ßæÉ¾ß µß«à£ß µßÀ ¼ßæÉ¾ßÑÅßÐß Éßßß¾ßß Ìßß£ßß Ñì.
µßÆíë£ÐßßÑ²ß µßÆßµ£ß Ñíë²ßë µßÀ ^Ðßë Éßßºß Ëß Ñßà²ß ÉßëÛßß ¼ßëÝë Ìß¼ßß àª~¾ßß Ìßß£ßß Ñì. ii. Þ~µ¾ßæÖÀíëÝ £ß¦ßß ²¾ß ~ÉßµßäÌßíëÄ µßÀ ¼ßæÉ¾ßÑÅßÐß Ðßã±ßã ÀëÛßß µß«à£ß µßÀ
iii. µßÆà£ßºßæà£ß¾ßíëÝ ªë~ ÌßÃ²ß ªë~ ÐßÞ¹ßÞ±ß ¼ßëÝ §ã ß¾ßã §ÉßßÉßã/ª~¼ßãÍß²ß £ß¦ßß 33.33% ~ã §À µßÀ Éßßß¾ßß Ìßß£ßß Ñì.
ÐÖß¼µß ÍßäÉ~ ª~íë ÀßÌßÐËß Ë¾ß¾ß ¼ßß²ßß Ìßß£ßß Ñì. iii. Öã¼ß µßÀ ¼ßæÉ¾ßÑÅßÐß Ðßã±ßã ÀëÛßß µß«à£ß ë~ ²ßäÐßßÀ Öã¼ß ë~
5. ~.¹¾ßßÌß §À ª~ß ÐËßßµß : (ÑëâÌßß) µß¾ßíëßã ÌßãËß²ß~ßÉß, àÌßÐßë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ¹ßìÝ~ ²ßë 7 ËßÏßÃ ~ß ²ßä¼ßß²ß Éßßß¾ßß
i) Ðß£ß£ß ÐËßßµß Éßë²ß§ë²ßíëÝ µßÀ ß¾ß Ðß ÐËßßµß ~íë ¿íëÊ~À, Ìßíë ßàÐ£ß ¾ßß Ñì, ë~ ß±ßßÀ µßÀ à~¾ßß Ìßß£ßß Ñì.
§ë¾ß£ßß ë~ Ðßß¦ß ÐßÞ¹ßÞà±ß£ß Ñì £ß¦ßß àËß££ßã¾ß àËßËßÀ¢ßíëÝ ¼ßëÝ ¹ßßÌßßÀ ¼ßæÉ¾ß ¾ßß ~¼ß ß. µßàÀÍßíë±ß²ß
Éßßß£ß ¾ßß ¹ßßÌßßÀ ¼ßæÉ¾ß µßÀ à~¾ßß Ìßß£ßß Ñì, ~ß à²ß±ßßÃÀ¢ß µßÆíë§òºßæ£ß ß±ßßÀ i) 60 ËßÏßÃ Ðßë ~¼ß Ëßà±ßËßßÉßã µßÖòÖßß£ß ºßæà¼ß ë~ à±ßßÆÑ¢ß àÉß µßÆ§££ß
µßÀ µßàÀ~Éß²ß à~¾ßß Ìßß£ßß Ñì. Ðß ¼ßß¼ßÉßë ¼ßëÝ ÐËßßµß ë~ ¹ßßÌßßÀ ¼ßæÉ¾ß ~íë µßÆãà¼ß¾ß¼ß ËßÞ Ðß µßÀ à²ßà¼ßÃ£ß ºßËß²ßíëÝ ~ã Éßßß£ß ~ß µßàÀÍßíë±ß²ß µßÖòÖë ~ã
¹ßÑã ¼ßëÝ Þà~£ß à~¾ßß Ìßß£ßß Ñì £ß¦ßß µßàÀ¢ßß¼ßÂµßã Éßßºß ¾ßß Ñßà²ß, ¹ßßÌßßÀ Ëßà±ß ¼ßëÝ à~¾ßß Ìßß£ßß Ñì.
¼ßæÉ¾ß ¾ßß ÐßÞ¹ßÞà±ß£ß ßàÐ£ß ¾ßß §ë¾ß£ßß ë~ Ðß¼ßß¾ßíëÌß²ß ë~ Âµß ¼ßëÝ §ÌßÃ à~ ii) à±ßßÆàÑ£ß Ðßß¶~òÖËßë¾ßÀ ~íë à±ßßÆÑ¢ß ë~ ËßÏßÃ ¼ßëÝ ¹ßÖòÖë Ûßß£ßë ¼ßëÝ ÊßÉßß
Ìßß£ßë ÑìÝ. Ìßß£ßß Ñì.
ii) Ìß¹ß Ðß¼ßß¾ßíëàÌß£ß Éßßºß ¾ßß Ñßà²ß ÐßÞ¹ßÞà±ß£ß ßàÐ£ß ¾ßß §ë¾ß£ßß ¼ßëÝ à²ß±ßßÃàÀ£ß 8. ª~¼ßÃ½ßßÀã Éßßºß
à~¾ßë Ìßß£ßë ÑìÝ, £ß¹ß Ðß¼ßßµ£ß à~¾ßë ß¾ßë ÐËßßµß Éßë²ß§ë²ßíëÝ µßÀ Éßßºß/Ñßà²ß ~ß ~. ÉµßßËßà±ß ~¼ßÃ½ßßÀã Éßßºß
à²ß±ßßÃÀ¢ß à~¾ßß Ìßß£ßß Ñì. Ðß µßÆ~ßÀ, Ðß¼ßßµ£ß à~¾ßë ß¾ßë ÐËßßµß µßÀ Éßßºß ¾ßß ÉµßßËßà±ß ~¼ßÃ½ßßÀã Éßßºß ÌßìÐßë ÉµßßËßà±ß ßà£ßµßæà£ßÃ ²ßäµßàÐ¦ßà£ß¾ßíïÞ ËßÏßÃ ë~
Ñßà²ß, ÐËßßµß ë~ ÍßëÏß ÐßÞàËß§ß£¼ß~ Ðß¼ß¾ß ¾ßß ßàÐ£ß/§ë¾ß£ßß ~ß ÍßëÏß Ðß¼ß¾ßß, Éßßºß ËßÞ Ñßà²ß ÉßëÛßëÝ ¼ßëÝ ßìÀ ¹ßÖòÖë ë~ ß±ßßÀ µßÀ Ë¾ß¾ß ë~ Âµß ¼ßëÝ µßÑ½ßß²ßã
Ìßíë ºßã ~¼ß Ñíë, £ß~ ßÐ¦ßàß£ß ~À à²ß±ßßÃàÀ£ß à~¾ßë Ìßí£ßë ÑìÝ. Ìßß£ßã ÑìÝ àÌßÐß¼ßëÝ ÐßÞ¹ßÞà±ß£ß ÐßëËßßïÞ §ã ß¾ßã ÑìÝ.
210
b) Depreciation is recognised scrip wise and appreciation, B. INTEREST RATE SWAPS (Trading)
if any is ignored. i) Trading swaps are marked to market with changes
c) The book value of the individual securities does not recorded in the Profit and Loss account;
undergo any change after marking to market. ii) Income and expenses relating to these swaps are
D. Prudential Norms: recognized on the settlement date;
The identification of non performing investments and provision iii) Fee is recognized as income or expenses as the case
made thereon is as per Reserve Bank of India guidelines. may be;
Provision requirement in respect of non-performing iv) Gains or losses on the termination of the swaps are
investments is not set off against the appreciation of other recorded immediately as income or expenses on such
performing investments. termination.
E. Profit / Loss on sale of Investments: 6. ADVANCES
i) Profit or Loss on sale of investments is recognised on the a) Advances are stated in accordance with the Prudential
value dates on the basis of weighted average cost. Norms issued by Reserve Bank of India:
Premium on redemption of Debentures/ Bonds is
recognised on the date of redemption. i. Advances are classified into standard, sub-standard,
doubtful and loss assets borrower-wise.
ii) Profit on sale of investments held in Available for Sale
and Held for Trading categories is recognised in the Profit ii. Provisions are made for non performing assets and
and Loss Account. iii. General provision is made for standard assets.
iii) Profit on sale of investments in Held to Maturity category b) Advances stated in the Balance Sheet are net of
is first taken to the Profit and Loss Account and an provisions made for :
equivalent amount of profit is appropriated to the Capital
(i) Non performing assets
Reserve(net of taxes).
(ii) Additional Provision made for Non-performing Assets
iv) Loss on sale of investments in any of the three categories
is recognized in Profit and Loss Account. c) Partial recoveries in Non Performing Assets are
apportioned first towards charges and interest, thereafter
F. General
towards principal.
i) Transfer of securities from one category to another is done
7. FIXED ASSETS
at lower of acquisition cost/book value/market value on
the date of transfer. Depreciation, if any, on such transfer a) Premises and other Fixed Assets are stated at historical
is provided for and the book value of the security is cost net of depreciation.
changed accordingly. b) DEPRECIATION
ii) Upfront fee / Incentives on subscription of securities are (i) Depreciation on Premises and on other Fixed assets
reduced from the cost of securities. The incentives except Computers and ATMs is provided on written down
received after sale of securities is credited to Profit and value method at the rates specified in Schedule XIV of
Loss account. the Companies Act 1956.
iii) Brokerage, Commission and Stamp Duty paid in (ii) The depreciation on Computers and other Peripherals is
connection with the acquisition of securities are treated provided @ of 33.33 % on straight line method.
as revenue expenditure.
(iii) Depreciation on ATM s is provided on straight line method
5. A. INTEREST RATE SWAPS: (Hedging) based on the estimated useful life of ATMs which is
i) Income on continuing swap transactions is recognised estimated by the Bank as seven years.
on accrual basis except the swap designated with an c) AMORTIZATION
asset or liability that is carried at market value or lower of
cost or market value in the financial statements. In that i) Premium paid for acquisition of leasehold land for a period
case, the swap is marked to market with the resulting less than 60 years and cost of the buildings constructed
gain or loss recorded as an adjustment to the market value thereon is amortised over the period of lease.
or designated asset or liability. ii) The cost of Software is treated as intangible asset and the
ii) Gains/ losses on terminated swap transactions are same is amortised over its estimated useful life.
recognised when the offsetting gain or loss is recognised 8. EMPLOYEES BENEFITS
on the designated asset or liability. Thus, the gain or loss
(a) Short Term Employee Benefits
on the terminated swap is deferred and recognised over
the shorter of the remaining contractual life of the swap Short Term Employee Benefits such as short-term
or the remaining life of the asset/liability. compensated absences are recognized as an expense
211
Ûß. µßÀËß£ßãÃ ÀíëÌßßßÀ Éßßºß ~À²ßë ë~ ¹ßß§ Ìßíë àËßà±ß~À¢ß à~¾ßë ß¾ßë ÑìÝ ¾ßß £ßäÉß²ßµß¥ß à£ßà¦ß ~íë
I. µßàÀºßßàÏß£ß ÞÍß§ß²ß ¾ßíëÌß²ßßïÞ ËßßÐ£ßàËß~ Âµß Ðßë àËßà±ß~À¢ß à~¾ßë ß¾ßë ÑìÝ, ßÐ¦ßàß£ß ß¾ß~À ÉßëÛßß¹ß«
µßàÀºßßàÏß£ß ÞÍß§ß²ß ¾ßíëÌß²ßßïÞ ÌßìÐßë,ºßàËßÏ¾ß à²ßà±ß Ë¾ß¾ß ë~ Âµß ¼ßëÝ µßÑ½ßß²ßã à~¾ßß ß¾ßß Ñì.
Ìßß£ßã ÑìÝ ËßÞ Éßßºß ËßÞ Ñßà²ß ÉßëÛßëÝ ¼ßëÝ ½ßßÌßÃ à~¾ßß Ìßß£ßß Ñì 10. ßàÐ£ß¾ßíëÝ ~ß Ñßà²ß~À¢ß
II. µßàÀºßßàÏß£ß Éßßºß ¾ßíëÌß²ßßïÞ µßÆ£¾ßë~ £ßäÉß²ßµß¥ß ~ã à£ßà¦ß ~íë ¾ßÑ à²ß±ßßÃÀ¢ß à~¾ßß Ìßß£ßß Ñì à~ ¬¾ßß à~Ðßã
µßÆ~ßÀ ~ã ßàÐ£ß ~ã Ñßà²ß Ñä¨Ã Ñì, ¾ßà§ Ðß µßÆ~ßÀ ~ß ÐßÞë~£ß ÀÑ£ßß Ñì £ßíë
~) ßÆë½ßäÖã
ËßÐßæÉß ~ã Ìßß²ßë ËßßÉßã ÀßàÍß ßìÀ ßàÐ£ß Ñßà²ß~À¢ß ë~ àÉß à~Ðßã µßÆ~ßÀ
~¼ßÃ½ßßÀã ßÆë½ßäÖã ¾ßíëÌß²ßß ~íë ¹ßìÝ~ °ßÀß à²ßà±ß §ã Ìßß£ßã Ñì ËßÞ ~ Éßß ~ß µßÆßËß±ßß²ß à~¾ßß ß¾ßß Ñì.
²¾ßßÐß ë~ ÌßàÀ ÌßãËß²ß ¹ßã¼ßß à²ßß¼ß °ßÀß µßÆ¹ßÞà±ß£ß Ñì. ßÆë½ßäÖã ë~ Þ£ßßÃ£ß 11 µßÆßÐßÞàß~ §ë¾ß£ßßïÞ ËßÞ µßÆßËß±ßß²ß
¹ßìÝ~ ë~ §ßà¾ß£Ëß ~ß Ëß£ßÃ¼ßß²ß ¼ßæÉ¾ß ËßÏßÃ ë~ Þ£ß ¼ßëÝ ËßßÐ£ßàËß~ ¼ßæÉ¾ßßÞ~²ß ë~
ÐßÞºßËß£ß¾ßß ¾ßß Ëß£ßÃ¼ßß²ß ¹ßß±¾ß£ßß ë~ àËßß£ß ~ã ³ßÖ²ßßïÞ µßÆßÐßÞàß~ §ë¾ß£ßßßëÝ
ß±ßßÀ µßÀ µßÑ½ßß²ßß Ìßß£ßß Ñì ËßÞ ¾ßíëÌß²ßß ßàÐ£ß¾ßíëÝ ~ß à½ß£ß ¼ßæÉ¾ß, Íßä«
ë~ Âµß ¼ßëÝ ÖÅãÖ ~ã Ìßß£ßã ÑìÝ. Ëß£ßÃ¼ßß²ß §ë¾ß£ßß ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ µßÆßËß±ßß²ß
ß±ßßÀ µßÀ §ßà¾ß£Ëß µßÑ½ßß²ß²ßë ë~ àÉß Ðß~Éß §ßà¾ß£ËßíëÝ Ðßë ~ßÖß Ìßß£ßß Ñì
à²ß±ßßÃàÀ£ß à~¾ßß Ìßß£ßß Ñì, ÌßÑíïÞ ~ÑãÝ àËßÍËßÐß²ßã¾ß ²ßä¼ßß²ß Éßßß¾ßß Ìßß
Ûß) µßëÝÍß²ß Ðß~£ßß Ñì, ÌßÑíïÞ ~ÑãÝ §ë¾ß£ßß ë~ à²ßµßÖß²ß ë~ àÉß ßà¦ßÃ~ Éßßºß ë~ ÐßÞÐßß±ß²ßíëÝ
~¼ßÃ½ßßÀã µßëÝÍß²ß à²ßà±ß ~íë ¹ßìÝ~ °ßÀß à²ßà±ß §ã Ìßß£ßã Ñì ËßÞ ~ Éßß ë~ ßÖ¶~òÉßíë ¿íëÊ²ßë ~ã ÐßÞºßßËß²ßß Ñì.
²¾ßßÐß °ßÀß µßÆ¹ßÞà±ß£ß Ñì. µßëÝÍß²ß ë~ Þ£ßßÃ£ß ¹ßì~ ë~ §ßà¾ß£Ëß ~ß Ëß£ßÃ¼ßß²ß 12. à²ßËßÉß Éßßºß
¼ßæÉ¾ß ËßÏßÃ ë~ Þ£ß ¼ßëÝ ËßßÐ£ßàËß~ ¼ßæÉ¾ßßÞ~²ß ë~ ß±ßßÀ µßÀ µßÑ½ßß²ßß Ìßß£ßß Éßßºß ©ËßÞ Ñßà²ß ÉßëÛßß ¼ßëÝ µßÆª~Ö àª~¾ßß ß¾ßß à²ßËßÉß Éßßºß à²ß¼²ß àÉßàÛß£ß ªë~
Ñì ËßÞ ¾ßíëÌß²ßß ßàÐ£ß¾ßíëÝ ~ß à½ß£ß ¼ßæÉ¾ß Íßä« ß±ßßÀ µßÀ §ßà¾ß£Ëß ¹ßß§ àª~¾ßß ß¾ßß Ñì.
µßÑ½ßß²ß²ßë ë~ àÉß Ðß~Éß §ßà¾ß£ËßíëÝÞ Ðßë ~ßÖß Ìßß£ßß Ñì. ª~. à²ßËßëÍßßëÝ µßÀ ¼ßæÉ¾ßÑÅßÐß ª~ß µßÆßËß±ßß²ß
ß) ²¾ß §ã³ßßÃËßà±ß Éßßºß Ûß. ª~Àß±ßß²ß Ñë£ßä µßÆßËß±ßß²ß
²¾ß §ã³ßßÃËßà±ß Éßßºß ÌßìÐßë, ¿äÖòÖã ²ß~§ã~À¢ß, ¹ßã¼ßßÀ ¿äÖòÖã, Éß¶~Ðßã/ ß. àËßËßë~µßæ¢ßÃ ¼ßßßÃ§ÍßãÃ àÐß«ß²£ßíëÝ ë~ ²ßäÐßßÀ ~¢ß Ñßà²ß¾ßíëÝ ë~ àÉß
ÉßÖãÐßã Éßë²ßß/²ß~§ã~À¢ß, ~¼ßÃ½ßßÀã µßÆíë£ÐßßÑ²ß ¾ßíëÌß²ßß, ÐßëËßß à²ßËßè££ßíëÝ ë~ µßÆßËß±ßß²ß
àÉß ²ßäßÆÑ ÀßàÍß ËßÞ à²ß~ßÐßã µßÀ Ë¾ß¾ß ~ß µßä²ß: Ð¦ßßµß²ß ë~ Âµß ¼ßëÝ ³ß. ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ ªë~ ¼ßß²ß§ÞÊíëÝ ªë~ ²ßäÐßßÀ ²ßÌßÃ~ à²ßËßëÍßíëÝ µßÀ
µßÑ½ßß²ßë Ìßß£ßë ÑìÝ. µßÆßËß±ßß²ß
9. ª~Àß±ßß²ß Ñë£ßä µßÆßËß±ßß²ß ´. ²¾ß Ðßß¼ßß²¾ß ©ËßÞ ßËßÍ¾ßª~ µßÆßËß±ßß²ß.
~. ~Àß±ßß²ß ë~ àÉß µßÆßËß±ßß²ß ²ßä¼ßßà²ß£ß ~À §ë¾ß£ßß µßÀ à~¾ßß Ìßß£ßß Ñì. 13. ²ßäÏßÞßã - ¹ßã¶~ÐßÉß
Ûß. ºßßÀ£ßã¾ß Ðß²ß§ã ÉßëÛßß~ßÀ ÐßÞÐ¦ßß °ßÀß ÌßßÀãè~£ß ß¾ß µßÀ ~ÀíëÝ ë~ àÉß ²ßäÏßÞßã ÉßëÛßß ²ßãà£ß¾ßíëÝ ÐßÞ§ºßÃ ¼ßëÝ, ß²±ßÆß ¹ßìÝ~ ¶~ß²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß àÉß.
ÉßëÛßß²ßãà£ß Ðß-22 ~ß µßßÉß²ß ~À£ßë Ñä, ~À §À ËßÞ ~ß²ßæ²ß µßÀ àËß½ßßÀ ~ã ²ßäÐßæ½ßã 16 ~ß ÐßÞ§ºßÃ ÉßëÝ.

à²ß§ëÍß~
Öã.ßÀ.Ðß à¥ßËßë§ã

212
on an undiscounted basis in the Profit &Loss Account of b) In compliance with AS-22 Accounting for Taxes on Income,
the year in which the related service is rendered. issued by the Institute of Chartered Accountants of India,
(b) Post Employment Benefits accounting for deferred income tax is made after
considering tax rates and laws that have been enacted
i) Defined Contribution Plans: or substantively enacted as of balance sheet date.
Defined Contribution Plans such as Provident Fund are 10. IMPAIRMENT OF ASSETS
recognized as an expense and charged to the Profit &Loss
Account An assessment is made at each balance sheet date
whether there is any indication that an asset is impaired.
ii) Defined Benefit Plans If any such indication exists an estimate of the recoverable
(a) Gratuity: amount is made and impairment loss, if any is provided.
The employees Gratuity Fund Scheme is funded by the 11. CONTINGENT LIABILITIES AND PROVISIONS
Bank and managed by LIC through a separate trust. The Past events leading to, possible or present obligation is
present value of the Banks obligations under Gratuity is treated as contingent liabilities. Provision is recognised
recognized on the basis of an actuarial valuation as at in the case of present obligation where the reliable
the year end and the fair value of the Plan assets is estimate can be made and where there are probable out
reduced from the gross obligations to recognize the flow of resources embodying forgoing of economic
obligation on a net basis. benefits to settle the obligation.
(b) Pension: 12. NET PROFIT
The employees Pension Fund is funded by the Bank and The Net Profit disclosed in the Profit and Loss Account is
is managed by a separate trust. The present value of the after:-
Banks obligations under Pension is recognized on the
basis of an actuarial valuation as at the year end and the (a) Provision for depreciation on Investments.
fair value of the Plan assets is reduced from the gross (b) Provision for Taxation.
obligations to recognize the obligation in this case on a (c) Provision on loan losses as per prudential guidelines.
net basis.
(d) Provision for non-performing investments as per Reserve
(c) Other Long Term Benefits: Bank of India guidelines.
Other Long Term Benefits such as Leave Encashment, (e) Other usual and necessary provisions.
Sick Leave, LFC/LTC availment/encashment, Employee
Incentive Scheme, Ex-gratia to retirees and Relocation 13. SUBSIDIARY ABFSL:
of expenses on exit are recognized on the basis of For Accounting policies of subsidiary, reference may be
actuarial valuation made as at the end of the year. made to schedule 16 of Andhra Bank Financial Services
9. PROVISION FOR TAXATION: Limited.
a) Provision for taxes is made on the basis of estimated tax
liability.

Directors T.R.S. Trivedi
Madhulika P. Sukul B. Maheshwaran V.H. Ramakrishnan General Manager
K. Raghuraman

213
²ßäÐßæ½ßã - 18 ½ß. ßÀßÀ¹ßã ¼ßëÝ à²ßËßëÍß ë~ àÉß ÉßëÛßßµß«à£ß

Ðß¼ßëà~£ß àËß££ßã¾ß àËßËßÀ¢ß ë~ ÉßëÛßë µßÀ àÖµµßà¢ß¾ßíïÞ -2008-09 ºßßÀ£ßã¾ß Ðß²ß§ã ÉßëÛßß~ßÀ ÐßÞÐ¦ßß²ß °ßÀß ÌßßÀã ÉßëÛßß¼ßß²ß~ (Ðß23) ë~
²ßäÂµß ßë¥ßã¾ß ßÆß¼ßã¢ß ¹ßìÝ~íëÝ ²ßß¼ß£ß: ~àÏßä~É¾ßß ßÆß¼¾ß ¹ßìÝ~ ËßÞ ½ßì£ß²¾ß
~. ß²±ßÆß ¹ßìªÝ ~ ë~ à²ß¼²ßàÉßàÛß£ß ²ßäÏßÞßã ªÞ~µß²ßã Ñì. ßíë§ßËßÀã ßÆß¼ßã¢ß ¹ßìÝ~ ¼ßëÝ µßÆ£¾ßë~ ¹ßìÝ~ ¼ßëÝ 35% £ß~ ~ã~ Íßë¾ßÀ µßæÞÌßã àµß¿Éßë
ß²±ßÆß ¹ßìÝª~ }~ß¨²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß àÉßà¼ßÖëÊ ËßÏßÃ ¼ßëÝ µßßÉß²ß ~ã ß¾ßã µß«à£ß ~ã £ßÌßÃ µßÀ Ðß¼ß µß«à£ß µßÀ ¼ßæÉ¾ß²ß à~¾ßß ß¾ßß
Ñì. à²ßËßÉß ßàÐ£ß¾ßíë ¼ßëÝ ¹ßÜíë££ßÀã ë~ ~ßÀ¢ß 2.27 ~ÀíëÊ Ðßë ¹ßÜíë££ßÀã ë~
à²ßß¼ß²ß ª~ß §ëÍß : ºßßÀ£ß
~ßÀ¢ß ÐßíëàÍß¾ßëÖ ¼ßëÝ à²ßËßëÍß ~ß ¼ßæÉ¾ß Ðß¼ßß¾ßíëàÌß£ß à~¾ßß ß¾ßß Ñì.
Íßë¾ßÀ ÑíëàÉÊÞß µßìÖ²ßÃ :
ßë¥ßã¾ß ßÆß¼ßã¢ß ¹ßìÝ~ 31 ¼ßß½ßÃ 2009 ë~ ËßÏßßÄ£ß ~íë ²¾ß ÉßëÛßßµßÀãß~íëÝ °ßÀß
ß²±ßÆß ¹ßìÝª~ : 100% ÉßëÛßßµßÀãàß£ß à~¾ßß ß¾ßß Ñì.
ßà£ßàËßà±ß ª~ã µßÆªè~à£ß : }~ß¨²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß ¿. Ðß¼ßëà~£ß àËß££ßã¾ß àËßËßÀ¢ß ¼ßëÝ à£ßàÀ¬£ß µßÆ~Öã~À¢ß à²ß¼²ß µßÆ~ßÀ Ñì.
Ûß. Ðß¼ßëàª~£ß àËß££ßã¾ß àËßËßÀ¢ßíëÝ ª~ã £ßì¾ßßÀã ª~ß ß±ßßÀ: ~. ÌßíëàÛß¼ß µß¾ßßÃµ£ß£ßß ²ßäµßß£ß ~íë µßæÞÌßã 2008-09 2007-08
Éßßßæ ÐßßÞàËßà±ßª~/àËßà²ß¾ßß¼ßª~ µßÆßËß±ßß²ß, ºßßÀ£ß ¼ßëÝ µßÆ½ßàÉß£ß ÉßëÛßß ¼ßß²ßª~ (i) µßæÞÌßã µß¾ßßÃµ£ß£ßß ²ßäµßß£ß Öã¾ßÀ 12.41% 11.62%
Ðßß¼ßß²¾ß£ß¾ßß ÐËßãªè~£ß ÉßëÛßß àÐß«ßÞ£ß ©ËßÞ Ë¾ßËßÑßÀ, Ìß¹ß£ßª~ àª~ ²¾ß¦ßß I + Öã¾ßÀ II µßæÞÌßã (¹ßëÐßÉß -I ë~ ²ßäÐßßÀ)
^àÉÉßàÛß£ß ²ß Ñíë, ªë~ Ðßß¦ß µßì£ßèª ¹ßìÝª~ ©ËßÞ ¨Ðßªë~ ²ßäÏßÞßã ªë~ Ðß¼ßëàª~£ß
(ii) µßæÞÌßã µß¾ßßÃµ£ß£ßß ²ßäµßß£ß Öã¾ßÀ I µßæÞÌßã 8.17% 8.55%
àËß££ßã¾ß àËßËßÀ¢ß (Ðßã©}~©Ðß) ªë~ Ðßºßã ¼ßÑ£Ëßµßæ¢ßÃ ¼ßß¼ßÉßíëÝ ª~ß ²ßäµßßÉß²ß
(¹ßëÐßÉß -I ë~ ²ßäÐßßÀ)
ª~À²ßë ªë~ àÉß© ¹ß²ßß¾ßë ß¾ßë ÑìÝ.
(iii) µßæÞÌßã µß¾ßßÃµ£ß£ßß ²ßäµßß£ß Öã¾ßÀ II 4.24% 3.07%
ß. Ðß¼ßëª~²ß µßÆàªÆ~¾ßß (¹ßëÐßÉß -I ë~ ²ßäÐßßÀ)
ºßßÀ£ßã¾ß Ðß²ß§ã ÉßëÛßßª~ßÀ ÐßÞÐ¦ßß²ß (ß¨ÃÐßã©ß¨Ã) °ßÀß ÌßßÀã ÉßëÛßß (iv) ß²±ßÆß ¹ßìÝ~ ¼ßëÝ ºßßÀ£ß ÐßÀ~ßÀ ë~
¼ßß²ßª~ (©©Ðß-21) Ðß¼ßëàª~£ß àËß££ßã¾ß àËßËßÀ¢ß ©ËßÞ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝª~ Íßë¾ßÀÑíëàÉÊÞß ~ß µßÆà£ßÍß£ß 51.55 51.55
°ßÀß Ðß¼ßëàª~£ß àËß££ßã¾ß àËßËßÀ¢ß ª~ã £ßì¾ßßÀã µßÀ ÌßßÀã ¼ßßßÃ§ÍßãÃ àÐß«ßÞ£ßíëÝ
ªë~ ²ßäÐßßÀ Ðß¼ßëàª~£ß àËß££ßã¾ß àËßËßÀ¢ß ¹ß²ßß¾ßë ß¾ßë ÑìÝ. ¹ßìÝª~ ©ËßÞ ¨Ðßªë~ (V) Öã¾ßÀ II µßæÞÌßã ¼ßëÝ ß²±ßÆß ¹ßìÝ~ °ßÀß
²ßäÏßÞßã ªë~ àËß££ßã¾ß àËßËßÀ¢ß ßàÐ£ß¾ßíëÝ, §ë¾ß£ßßßëÝÞ, ß¾ß ©ËßÞ Ë¾ß¾ß, ¨ÞÖÅß- ÌßäÖß¾ßë ß¾ßë ßíì¢ß ~¢ß ~ã ÀßàÍß
ßÆäµß ÍßëÏß/Éßë²ß§ë²ß ªë~ à²ßÀÐß²ß ©ËßÞ ßìÀËßÐßæÉßã Éßßºß/Ñßà²ß ªë~ µßàÀ¢ßß¼ß ª~ã (Á. ~ÀíëÊíëÝ ¼ßëÝ) 800 700
ÀßàÍß ª~íë ÌßíëÊª~À µßÞà{£ß ËßßÀ à¼ßÎÇß¢ß àª~¾ßß ß¾ßß Ñì. Ûß. µßÆà£ß Íßë¾ßÀ ÌßÃ²ß (Á. 10/- ~ß
³ß. ²ßäÏßÞßã ªë~ àËß££ßã¾ß àËßËßÀ¢ß, ¹ßìÝª~ ª~ã ÉßëÛßß ²ßãà£ß¾ßíëÝ ªë~ ²ßäÂµß Þà~£ß ¼ßæÉ¾ß) ¼ßæÉß ¨ÃµßãÐß (Á) 13.53 12.02
ÌßÑíïÞ-ª~ÑãÝ ßËßÍ¾ßª~ Ñì, Ðß¼ßß¾ßíëàÌß£ß àª~¾ßë ß¾ßë ÑìÝ. ÊßÉ¾ßæÖëÊ ¨ÃµßãÐß (Á) 13.53 12.02
Ê. à²ßËßëÍß ¼ßëÝ ¼ßæÉ¾ßÑÅßÐß ªë~ ª~ßÀ¢ß ß²±ßÆß ¹ßìÝª~ }~ß¨²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß àÉßà¼ßÖëÊ ¼ßæÉß ¨ÃµßãÐß ~ß µßàÀ~Éß²ß
¼ßëÝ ß²±ßÆß ¹ßìÝª~ ªë~ à²ßËßëÍß ª~ß ¹ßÑã¼ßæÉ¾ß Íßæ²¾ß Ñíë ß¾ßß Ñì. £ß: Á 5.00
à²ßËßÉß Éßßºß (Á. ~ÀíëÊíëÝ ¼ßëÝ) 656.05 582.80
ª~ÀíëñÊ ª~ã ß²±ßÆß ¹ßìÝª~ }~ß¨²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß àÉßà¼ßÖëÊ ª~ã Ííë¾ßÀ µßæÞÌßã,
Ìßíë ß²±ßÆß ¹ßìÝª~ ªë~ µßßÐß Ñì, Ðß¼ßëàª~£ß àËß££ßã¾ß àËßËßÀ¢ß ¼ßëÝ Ðßà¼¼ßàÉß£ß ª~ã Íßë¾ßÀíëÝ ~ã ßìÐß£ß à±ßºßßàÀ£ßß (~ÀíëÊíëÝ ¼ßëÝ) 48.50 48.50
ß¾ßã Ñì. µßÆà£ß Íßë¾ßÀ ¼ßæÉß ÌßÃ²ß (Á.) 13.53 12.02
214
SCHEDULE-18 F. Accounting for investments in RRBs:

NOTES ON ACCOUNTS TO CONSOLIDATED FINANCIAL In conformity with the Accounting Standard (AS-23)
STATEMENTS 2008-2009 issued by the Institute of Chartered Accountants of India
the investment in Regional Rural Banks (RRBs) namely
A. Andhra Bank has the following subsidiary company:
Rushikulya Grameena Bank and Chaitanya Godavari
M/s. Andhra Bank Financial Services Ltd. Grameena Bank to the extent of 35% each of their
respective share capital are valued at equity method in
Country of Incorporation : India
line with methods followed in previous year. The values
Share holding pattern of investment in associates have been adjusted due to
increase in shares in net assets of the company by Rs.2.27
Andhra Bank : 100% crores.
Nature of Activity : Financial Services The RRBs are duly audited by other auditors for the year
B. Basis of preparation of Consolidated Financial ending on 31st March 2009.
statements. G. Additional disclosures for consolidated financial
The Consolidated Financial Statements (CFS) of the statements are as under :
Parent Bank and its subsidiary are prepared to comply in
all material respects with applicable statutory / regulatory A. Capital to Risk Adequacy Ratio 2008-09 2007-08
provisions, Accounting Standards, generally accepted
(i) Capital adequacy ratio Tier I +
accounting principles and practices prevailing in India,
Tier II capital (As per Basel-I) 12.41% 11.62%
unless otherwise stated.
C. Consolidation Procedure: ii) Capital adequacy ratio Tier I
capital (As per Basel-I) 8.17% 8.55%
The Consolidated Financial Statements are prepared in
accordance with the Accounting Standard (AS-21) (iii) Capital adequacy ratio Tier II
Consolidated Financial Statements issued by the capital (As per Basel-I) 4.24% 3.07%
Institute of Chartered Accountants of India (ICAI) and the
(iv) Percentage of the shareholding
guidelines issued by the Reserve Bank of India on
of the Government of India in
preparation of Consolidated Financial Statements. The
Andhra bank 51.55 51.55
financial statements of the Bank and its subsidiary are
combined on a line by line basis by adding together like (V) Amount of subordinated debt
sum of assets, liabilities, income and expenses, after
eliminating intra group balances / transactions and raised by Andhra Bank as Tier-II
resulting unrealized profit / loss. capital (Rs. Crores) 800 700
D. The financial statements of subsidiary, are adjusted, B. Earnings per share (face value
wherever necessary, to conform to the accounting policies of Rs. 10/- each)
of the Bank. Basic EPS (Rs) 13.53 12.02
E. The Book value of the investment of Andhra Bank in Diluted EPS (Rs) 13.53 12.02
Andhra Bank Financial Services Ltd., has been reduced
to Nil due to depreciation on investments. Therefore, Calculation of Basic E P S
the share capital of ABFSL held by Andhra Bank,
amounting to Rs.5 crores has been included in capital Net Profit (Rs. In crores) 656.05 582.80
reserve in the consolidated financial statements.
Weighted Average No of Shares
(in crores) 48.50 48.50
Basic Earning per Share (Rs) 13.53 12.02
215
Ìß. Ðßëß¼ßëÖÝ àÀµßëßàÖÄß (Ðß 17)

ºßßß : Ë¾ßßµßßÀ Ðßëß¼ßëÖÝ (Áµß¾ßë ~ÀíëÊíëÝ ¼ßëÝ)
Ðßëß¼ßëÖÝ ËßßÀ µßàÀ¢ßß¼ß (Ðß¼ßëà~£ß)
ºßßß Ë¾ßßµßßÀ Ðßëß¼ßëÝÖ 31.03.2009 ë~ ËßÏßßÄ£ß ë~ àÉß 31.03.2008 ë~ ËßÏßßÄ£ß ë~ àÉß
1 Ðßëß¼ßëÝÖ ÀßÌßÐËß
(~) ÀßÌß~íëÏß 1295.37 1177.18
(ß) àÀÖëÉß ¹ßìÝâ~ß 2468.60 2008.52
(Ê.) ¹ßã¶~ÐßÉß ²ßäÏßÞßã 2.25 4.15
ä~Éß 6142.25 4843.27
~¼ß: ÞÖÀ Ðßëß¼ßëÝÞÖ ÀßÌßÐËß 0.00 0.00
µßàÀ½ßßÉß²ß Ðßë ß¾ß 6142.25 4843.27
2 µßÆßËß±ßß²ß ë~ ¹ßß§ ËßÞ ~À µßæËßÃ Ðßëß¼ßëÝÖ µßàÀ¢ßß¼ß
(~) ÀßÌß~íëÏß 102.58 229.91
(ß) àÀÖëÉß ¹ßìÝâ~ß 600.97 449.68
(³ß) ²¾ß ¹ßìÝâ~ß µßàÀ½ßßÉß²ß 100.37 76.27
ä~Éß 1291.10 1064.71
~¼ß: ²¾ß ²ßß¹ßÞàÖ£ß Ë¾ß¾ß 389.98 139.37
ä~Éß ~ÀµßæËßÃ Éßßºß 901.12 925.34
ß¾ß~À ËßÞ ²¾ß µßÆ§££ß ~À 245.07 342.53
à²ßËßÉß Éßßºß 656.05 582.81
3 Ðßëß¼ßëÝÖ ßàÐ£ß¾ßíïÞ
(~) ÀßÌß~íëÏß 16938.15 14898.24
(ß) àÀÖëÉß ¹ßìÝâ~ß 19203.14 17698.91
(Êã) ²¾ß ¹ßìÝâ~ß µßàÀ½ßßÉß²ß 832.80 798.56
½ß) ²ßß¹ßÞàÖ£ß ßàÐ£ß¾ßíïÞ 7406.70 6670.67
ä~Éß ßàÐ£ß¾ßíïÞ 68507.15 56628.12
4 Ðßëß¼ßëÝÖ §ë¾ß£ßßïÞ
(~) ÀßÌß~íëÏß 524.57
(ß) àÀÖëÉß ¹ßìÝâ~ß 47020.39 35636.89
(³ß) ²¾ß ¹ßìÝâ~ß µßàÀ½ßßÉß²ß 470.30 456.69
½ß.) ²ßß¹ßÞàÖ£ß ßàÐ£ß¾ßíïÞ 5418.02 2924.37
ä~Éß 64847.23 53368.90
µßæÞÌßã ËßÞ µßÆßÀàßà£ß¾ßíïÞ 3659.92 3259.22
ä~Éß §ë¾ß£ßßïÞ 68507.15 56628.12
(µßÆ¹ßÞ±ß²ß °ßÀß ÐßÞ~àÉß£ß ËßÞ ÉßëÛßßµßÀãß~íëÝ °ßÀß àËßÍËßßÐß ¼ßëÝ àÉß¾ßß ß¾ßß)~
ºßßß ¹ßã: ºßíìßíëàÉß~ Ðßëß¼ßëÝÖ
~ Ñã ºßíìßíëàÉß~ Ðßëß¼ßëÝÖ Ñì.
½ßæÞà~ ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ ë~ µßàÀµß¥ß ÐßÞ§ºßÃ Êã¹ßãßëÊã ²ßÞ ¹ßãµßã.¹ßã.Ðßã. 81/21.04.018/2006-07 à§²ßßÞ~ 18.04.2007 ë~ ²ßäÐßßÀ, ºßßÀ£ßã¾ß Ðß²ß§ã
ÉßëÛßß~ßÀ ÐßÞÐ¦ßß²ß °ßÀß ÌßßÀã Ðß17 Ðßëß¼ßëÝÖ àÀµßëßàÖÄÞß ë~ Ðßß¦ß µßà×£ß ²ßäÐßßÀ ÊßÖß ÐßÞ~Éß²ß ~ß ~ß¼ß ¹ß ºßã ÐÖëà¹ßÉßßÌß à~¾ßß Ìßß²ßß Ñë, ¬£ßß²ßäÐßßÀ à~¾ßë
ß¾ßë µßÆ~Ö²ß µßÉß¹±ß Àë~ßÊÃ/Ìßß²ß~ßÀã ë~ ß±ßßÀ µßÀ Ñì.
216
H. CONSOLIDATED BUSINESS SEGMENT March 2009

SEGMENTWISE RESULTS (Consolidated)
(Rs. in crores)
Part A Business Segments For the Year Ended For the Year Ended
31.03.2009 31.03.2008
1 Segment Revenue
(a) Treasury 1295.37 1177.18
(e) ABFSL subsidiary 2.25 4.15
Total 6142.25 4843.27
Less: Inter Segment Revenue 0.00 0.00
Income from Operations 6142.25 4843.27
2 Segment Results After Provisions & Before Tax
(a) Treasury 102.58 229.91
Total 1291.10 1064.71
Less:
(i) Other Un-allocable Expenditure 389.98 139.37
Total Profit Before Tax 901.12 925.34
Income Tax and Other Taxes paid 245.07 342.53
Net Profit 656.05 582.81
3 Segment Assets
(a) Treasury 16938.15 14898.24
(c) Retail Banking 19203.14 17698.91
(f)Unallocated Assets 7406.70 6670.67
Total Assets 68507.15 56628.12
4 Segment Liabilities
(a) Treasury 524.57
(c) Retail Banking 47020.39 35636.89
(f)Unallocated Assets 5418.02 2924.37
Total 64847.23 53368.90
Capital & Reserves 3659.92 3259.22
Total Liabilities 68507.15 56628.12
(Compiled by the Management and relied upon by the Auditors)
Part B Geographic Segments
There is only one segment - Domestic Segment
As the system of data compilation is yet to be stabilized inaccordance with the revised norms prescribed by Reserve Bank of
India, vide Circular Ref. DBOD NO. BP.BC. 81 / 21.04.018 / 2006-07 dated 18th April 2007, read with AS-17, Segment
Reporting issued by the Institute of Chartered Accountants of India the disclosure made above are based on the records /
information available.
217
ºßßß . ß²±ßÆß ¹ßìÝ~ ë~ Ûßß£ßíëÝ µßÀ ½ß¾ßà²ß£ß àÖµµß¢ßã

ß²±ßÆß ¹ßìÝ~ ë~ ½ß¾ßà²ß£ß àÖµµßà¢ß¾ßíëÝ ë~ àÉß ²ßäÐßæ½ßã 18 ~ß ÐßÞ§ºßÃ ÉßëÝ.
ºßßß ¹ßã:
²ßäÏßÞßã µßÀ ½ß¾ßà²ß£ß àÖµµß¢ßã(¹ßã¶~ÐßÉß)
²ßäÐßæ½ßã 15 ÉßëÛßíëÝ µßÀ àÖµµßà¢ß¾ßíïÞ
1. Þ£ßÀ ª~ßµßíëÃÀëÖ à²ßßëµßíëÝ µßÀ ¹¾ßßÌß - ªä~§Æë¼ßäÛß ß¨À²ß ßëÀ ªÞ~. àÉßà¼ßÖëÊ - ËßÏßÃ 2003-2004 ªë~ §íìÀß²ß ªÞ~µß²ßã ©ËßÞ ¼ßëÐßÐßÃ ªä~§Æë¼ßäÛß ß¨À²ß ßëÀ ªÞ~. àÉßà¼ßÖëÊ
(ªë~ß¨ÃßëÐßã©Éß) ªë~ ¹ßã½ß àËßËßß§ ª~íë à²ßµßÖß¾ßß ß¾ßß. Ðßºßã §ë¾ß£ßßßëÝ ªë~ ºßäß£ßß²ß ªë~ ¹ßß§, ¾ßà§ ªä~¿ ¹ß½ß£ßß Ñì £ßíë ²¾ß µßã©Ðß¾ßæ ªë~ Ðßß¦ß ªë~ß¨ÃÐßãßë©Éß ºßã ß¨ÃÐßãÊã
ª~ã µßàÀµß{Ëß£ßß £ßßÀãÛß Ðßë ºßäß£ßß²ß ª~ã £ßßÀãÛß £ßª~ ¹¾ßßÌß ªë~ àÉß© Ðß¼ßß²ßäµßßà£ßª~ ß±ßßÀ µßÀ §ßËßß ª~À²ßë ª~ß à±ßª~ßÀ ÀÛß£ßß Ñì.
2. i) ßÐ£ß 1999 ¼ßëÝ £ßà¼ßÉß²ßßÊä ²¾ßæÌßàµßÆÞÖ ©ÞÊ µßëµßÐßÃ àÉßà¼ßÖëÊ (Öã©²ßµßã©Éß) °ßÀß ªÞ~µß²ßã ªë~ àËßÁ« Ðß¼ßßµß²ß ¾ßßà½ßª~ß §ß¾ßÀ ª~ã ß¾ßã. ªÞ~µß²ßã ²ßë ¼ß§ÆßÐß ^½½ß ²¾ßß¾ßßÉß¾ß
ªë~ àÊËßãÌß²ß ¹ßëÝ½ß ªë~ Ðß¼ßß µßãÉß §ß¾ßÀ ª~ã. ª~Þµß²ßã ²ßë ¼ßæÉß±ß²ß ©ËßÞ ¹¾ßßÌß ªë~ Âµß ¼ßëÝ ÐßÞàËß§ß ª~ã £ßßÀãÛß £ßª~ Öã©²ßµßã©Éß ª~íë Á.6.21 ª~ÀíëÊ §ß àª~¾ßß. ªÞ~µß²ßã
²ßë ¼ßß²ß²ßã¾ß ¼ß§ÆßÐß ^½½ß ²¾ßß¾ßßÉß¾ß ¼ßëÝ Á.10.50 ª~ÀíëÊ Ìß¼ßß àª~¾ßß. §ß¾ßÀ ª~ã ß¾ßã µßãÉß ÐËßãª~ßÀ ª~ã ß¾ßã ©ËßÞ Öã©²ßµßã©Éß °ßÀß §ß¾ßÀ Ðß¼ßßµß²ß ¾ßßà½ßª~ß ¹ßÛßßÃÐ£ß
ª~ã ß¾ßã ©ËßÞ ß.µßÆ ªë~ ^½½ß ²¾ßß¾ßßÉß¾ß °ßÀß µßÆ£¾ßßÑßÀ àª~¾ßß ß¾ßß ¼ßß²ßß ß¾ßß Ñì.
ªÞ~µß²ßã °ßÀß §ß¾ßÀ µßãÉß µßÀ 13.7.2004 ª~íë ¼ß§ÆßÐß ^½½ß ²¾ßß¾ßßÉß¾ß ªë~ àÊËßãÌß²ß ¹ßëÝ½ß ¼ßëÝ Ðßä²ßËßß¨Ã Ñä¨Ã ©ËßÞ ªÞ~µß²ßã ª~íë Öã©²ßµßã©Éß Ðßë à²ßµßÖß²ß ªë~ àÉß© ©ª~ Ðßµ£ßßÑ
ªë~ Þ§À µß²ßß µßÆÐ£ßßËß µßÆÐ£ßä£ß ª~À²ßë ª~ß ß§ëÍß àª~¾ßß. Öã²ßµßãÉß ²ßë Ìßß²ß~ßÀã §ã Ñì ²ßë~ à²ß§ëÍß~ ¼ßÞÊÉß ²ßë ~¼µß²ßã °ßÀß à§¾ßë ß¾ßë ßî¶~À ~íë ÐËßã~ßÀ ²ßÑãÝ à~¾ßß
Ñì. ¼ßß¼ßÉßë ~ãë Ðßä²ßËßß¨Ã ë~ àÉß 29.06.2005 £ß¾ß à~¾ßß ß¾ßß ßìÀ à¶~À ¶~ÀËßÀã 2006 ~íë àËßËßß§ ËßÞ Ëßß§ àËßËßß§ µßæÀë Ñíë ß¾ßë ÑìÝ. ²¾ßß¾ßà²ß¢ßÃ¾ß 20.04.2006
~Àë Ðßä²ßß¾ßß ß¾ßß Ñì. ²¾ßß¾ßßÉß¾ß ²ßë àÊÆ~ã µßæËßÃ ¹¾ßßÌß, µßëÝÊëÝÖ ÉßßÖ ¹¾ßßÌß ËßÞ ºßàËßÏ¾ß ë~ ¹¾ßßÌß ë~ Âµß ¼ßëÝ 12% ~ã ²ßä¼ßà£ß §ã Ñì. àÊÆ~ã ë~ ²ßäÐßßÀ, Öã²ßµßãÉß
~íë Éßßºßß Á. 467 ÉßßÛß ~ã ±ß²ßËßßµßÐßã ~À²ßã Ñì.
Öã²ßµßãÉß ²ßë ¼ßß²ß²ßã¾ß ÐßËßíëÃ½ß ²¾ßß¾ßßÉß¾ß ¼ßëÝ ¼ß§ÆßÐß ë~ ½ß ²¾ßß¾ßßÉß¾ß ë~ à²ß¢ßÃ¾ß ë~ àËßÁ« µßãÉß §ß¾ßÀ ~ã Ñì. Þ~µß²ßã ë~ ~ßÞàÐßÉß ë~ àËßÀíë±ß ë~ ¹ßßËßÌßæ§ ¼ßß²ß²ßã¾ß
½ß£ß¼ß ²¾ßß¾ßßÉß¾ß ²ßë ÐßÉßµßã ÐËßã~ßÀ à~¾ßß Ñì ßìÀ ßËßÍ¾ß~ ÉßãËß ~ã ¼ßÞÌßæÀã ~ã Ñì.
ii) Öã©²ßµßã©Éß °ßÀß §ß¾ßÀ ¼ßäª~§¼ßë ªë~ ¼ßß¼ßÉßë ¼ßëÝ ¼ß§ÆßÐß ^½½ß ²¾ßß¾ßßÉß¾ß °ßÀß Á.1.88 ª~ÀíëÊ µÉßÐß ¹¾ßßÌß ªë~ àÉß© µßßàÀ£ß àÊªÆ~ã ªë~ àËßÀíë±ß ¼ßëÝ ªÞ~µß²ßã ²ßë ©ª~ µßãÉß §ß¾ßÀ
ª~ã àÌßÐßëë àÊËßãÌß²ß ¹ßÞë½ß ¼ß§ÆßÐß ^½½ß ²¾ßß¾ßßÉß¾ß °ßÀß ÐËßãª~ßÀ àª~¾ßß ß¾ßß ßìÀ ªÞ~µß²ßã ²ßë àÊªÆ~ã ÀßàÍß ª~ã ©ª~ à£ßÑß¨Ã ªë~ Âµß ¼ßëÝ Á.1.42 ª~ÀíëÊ ©ËßÞ Á.80,351 àÊªÆ~ã
ÀßàÍß ªë~ ©ª~ à£ßÑß¨Ã ªë~ Âµß ¼ßëÝ Ìß¼ßß àª~¾ßß.
ª~¼µß²ßã °ßÀß §ß¾ßÀ µßãÉß µßÀ 13.07.2004 ª~íë ¼ß§ÆßÐß ^½½ß ²¾ßß¾ßßÉß¾ß ªë~ àÊËßãÌß²ß ¹ßëÝ½ß ªë~ Ðß¼ßß Ðßä²ßËßß¨Ã ë~ àÉß© ß¾ßß ©ËßÞ à²ßµßÖß²ß ªë~ àÉß© ªÞ~µß²ßã ª~íë ©ª~
Ðßµ£ßßÑ ªë~ Þ§À µß²ßß µßÆÐ£ßßËß µßÆÐ£ßä£ß ª~À²ßë ªë~ àÉß© ß§ëÍß à§¾ßß ßìÀ ~¼µß²ßã ²ßë µßÆÐ£ßä£ß à~¾ßß. Öã²ßµßãÉß ²ßë Ìßß²ß~ßÀã §ã à~ ²ßë~ à²ß§ëÍß~ ¼ßÞÊÉß ²ßë ~¼µß²ßã
(¹ßã¶~ÐßÉß) °ßÀß à§¾ßë ß¾ßë ßî¶~À ~íë ÐËßã~ßÀ ²ßÑãÝ à~¾ßß Ñì. ¼ßß¼ßÉßë ~íë 29.06.2005 ~íë Ðßä²ßËßß¨Ã ë~ àÉß £ß¾ß à~¾ßß ß¾ßß ßìÀ à¶~À ¶~ÀËßÀã 2006 ¼ßëÝ. àËßËßß§
ËßÞ Ëßß§àËßËßß§ µßæÀë Ñíë ß¾ßë ÑìÝ. ²¾ßß¾ßà²ß¢ßÃ¾ß ~ã µßëßß Ñì.
iii) {£ßæ¹ßÀ 1992 Ðßë ÉßãÌß àª~Àß¾ßë £ßª~ Á.45.29 ÉßßÛß ª~ã ËßÐßæÉßã ªë~ àÉß© à§ÉÉßã ^½½ß ²¾ßß¾ßßÉß¾ß ¼ßëÝ ¼ßëÐßÐßÃ ¨²ßªë~¹ß ¨ÞÊÐÖÅãÌß àÉßà¼ßÖëÊ ªë~ àËßÀíë±ß ¼ßëÝ §ß¾ßÀ ¼ßäª~§¼ßß
£ßè£ßã¾ß àËßËßß½ßª~ (arbitrator) ª~ã à²ß¾ßäà{£ß ªë~ àÉß© ÉßÞà¹ß£ß Ñì. ¨Ðß ¹ßã½ß, ¨²ßªë~¹ß ¨ÞÊÐÖÅãÌß àÉßà¼ßÖëÊ ²ßë ¹ßíëÊÃ }~À ¨ÞÊàÐÖÅ¾ßÉß ©ÞÊ }~ß¨²ßìÝàÍß¾ßÉß àÀª~²ÐÖÅ{Íß²ß
(¹ßãß¨Ã©}~ßÀ) ª~íë ©ª~ µßÆÐ£ßßËß ºßëÌßß Ñì. ªÞ~µß²ßã ²ßë ¹ßíëÊÃ (BIFR) ªë~ Ðß¼ßß §ß¾ßÀ ª~ã àÌßÐß²ßë ªÞ~µß²ßã ª~íë ¨²ßªë¹ß ¨ÞÊÐÖÅãÌß àÉßà¼ßÖëÊ ªë~ µßßÐß àÐ¦ß£ß ÉßãÌÊ ¼ßÍßã²ßÀã
µßÀ ª~¹Ìßß ª~À²ßë ª~ã ²ßä¼ßà£ß §ã Ñì. Éßëàª~²ß ª~ß¼ßßßÀ ¾ßæà²ß¾ß²ß ¼ßÍßã²ßÀã ª~íë Éßë²ßë ªë~ àÉß© ¨Ðß ¹ßÑß²ßë µßÀ àËßÀíë±ß ª~À ÀÑß Ñì ©ËßÞ àª~ ªä~¿ ¨½¿äª~ µßßÖãÃ ¨²ßªì~¹ß ¨ÞÊÐÖÅãÐß
àÉßà¼ßÖëÊ ª~íë Öëª~ßëËßÀ ª~À²ßë ªë~ àÉß© ¹ßß£ß½ßã£ß ª~À ÀÑë ÑìÝ. £ß: ¼ßß¼ßÉßë ª~íë ªä~¿ Ðß¼ß¾ß ªë~ àÉß© ßÐ¦ßàß£ß ÀÛßß ß¾ßß Ñì.
à¶~À ºßã ²ßä¼ßíëà§£ß ¼ßæÉ¾ßßÞ~~íëÝ °ßÀß ²ßä¼ßßà²ß£ß ¹ßßÌßßÀ ¼ßæÉ¾ß ~ß à²ß±ßßÃÀ¢ß à~¾ßß ß¾ßß Ñì ßìÀ ¾ßÑ Á. 20 ÉßßÛß µßÀ ¼ßæÉ¾ß²ß à~¾ßß ß¾ßß Ñì. ½ßæÞà~ ¼ßÍßã²ßÀã ~ã ë~Àãâ¾ßß
Éßßß£ß (31.03.2009 ~íë Á. 1/- )
¼ßæÉ¾ß²ß à~¾ßë ß¾ßë Éßßß£ß Ðßë ~ß¶~ã ~¼ß Ñì, ¼ßÍßã²ßÀã µßÀ ßà£ß~ßÀ~ Ñßà²ß ²ßÑãÝ Ñì.
iv) ªÞ~µß²ßã ¼ßëÐßÐßÃ à¼ßÎÇß ±ßß£ßä à²ßß¼ß àÉßà¼ßÖëÊ (à¼ß±ßß²ßã) °ßÀß 1992 ¼ßëÝ Ìß¼ßß àª~¾ßë ß¾ßë ªä~Éß Þ£ßÀ ª~ßµßíëÃÀëÖ à²ßßëµß Á.4.00 ª~ÀíëÊ ª~ã ½ßäª~íì£ßã 1997 ¼ßëÝ ÐßÞàËß§ß ª~ã
£ßßÀãÛß£ßª~ ¹¾ßßÌß Ðß¼ßë£ß ª~ã. à¼ß±ßß²ßã ²ßë 1997 ¼ßëÝ ÐßÞµßæ¢ßÃ ©ËßÞ Þà£ß¼ß à²ßµßÖß²ß ªë~ Âµß ¼ßëÝ µßßËß£ßã §ã Ñì. £ß¦ßßàµß, à¼ß±ßß²ßã ²ßë ¹ßß§ ¼ßëÝ ÐßÞàËß§ß ª~ã £ßßÀãÛß ªë~ ¹ßß§ Ðßë~
¹¾ßßÌß ªë~ àÉß© §ßËßß àª~¾ßß Ñì. ªÞ~µß²ßã °ßÀß µßßËß£ßã ©ËßÞ ¹¾ßßÌß §ß ²ß àª~¾ßë Ìßß²ßë µßÀ à¼ß±ßß²ßã àËßËßß§ Ðßà¼ßà£ß (ÐßãßëÊã) Ðßë à¼ßÉßß àÌßÐß²ßë à¼ß±ßß²ßã ª~íë àËßËßß½ßª~ ªë~ Ð¦ßß¾ßã
¼ßÍßã²ßÀã (µßã©¼ß©) Ðßë à¼ßÉß²ßë ªë~ àÉß© ª~Ñß àÌßÐßªë~ µßßÐß ¼ßß¼ßÉßß àËß½ßßÀß±ßã²ß Ñì. ªÞ~µß²ßã ªë~ µßßÐß ª~ß²ßæ²ßã ÐßÉßßÑ Ñì àÌßÐß¼ßëÝ ª~Ñß ß¾ßß Ñì àª~ à¼ß±ßß²ßã ª~ß §ßËßß Ëßì±ß
²ßÑãÝ Ñì. £ßó ª~íë¨Ã µßÆßËß±ßß²ß ²ßÑãÝ àª~¾ßß ß¾ßß Ñì.
v) ËßÏßÃ 1994 ¼ßëÝ ª~¼µß²ßã ²ßë à§²ßßÞª~ 28.9.1994 ªë~ ©ª~ ²ßä¹ßÞ±ß ªë~ Ðßß¦ß àª~ Ðßºßã µßã©Ðß¾ßæ ª~íë ß¨ÃÐßãÊã ªë~ ¼ßæÉß ©ËßÞ ¹¾ßßÌß ÀßàÍß ªë~ ºßäß£ßß²ß ª~À²ßë ªë~ µßÍ½ßß£ßò
ÐßÞàËß§ß£¼ßª~ §À µßÀ ¹¾ßßÌß ª~ß ºßäß£ßß²ß àª~¾ßß Ìßß©ßß ßìÀ ^Ðß²ßë ß¨ÃÐßãÊã 153 ©ËßÞ 155 ¼ßæÉß ÀßàÍß ªë~ µßÆà£ß Á 100 ÉßßÛß µßÆ£¾ßë~ à§ÉÉßã }~ß¨²ßìÝàÍß¾ßÉß ª~ßµßíëÃÀëÍß²ß
ª~íë ºßäß£ßß²ß àª~¾ßß Ñì. ¹ß ÐßÞàËß§ß£¼ßª~ Ëßà±ß ªë~ àÉß© Á 7,08,000 ª~ã ¹¾ßßÌß ª~ã ÀßàÍß ªë~ àÉß© §ßËßß Ñì àÌßÐßë ªÞ~µß²ßã ²ßë 9.8.2004 ª~íë ºßäß£ßß²ß ª~À à§¾ßß Ñì.
à}~À ºßã Ðßºßã §ë¾ß£ßßßëÝ ªë~ ºßäß£ßß²ß ªë~ ¹ßß§, ¾ßà§ ªä~¿ ¹ß½ß£ßß Ñì £ßíë ²¾ß µßã©Ðß¾ßæ ªë~ Ðßß¦ß à§ÉÉßã }~ß¨²ßìÝàÍß¾ßÉß ª~ßµßíëÃÀëÍß²ß ß¨ÃÐßãÊã ª~ã µßàÀµß{Ëß£ßß £ßßÀãÛß Ðßë ºßäß£ßß²ß
£ßßÀãÛß £ßª~ ¹¾ßßÌß ªë~ àÉß© Ðß¼ßß²ßäµßßà£ßª~ ß±ßßÀ µßÀ §ßËßß ª~À²ßë ª~ß à±ßª~ßÀ Ñì.
vi) àËßÍßëÏß ²¾ßß¾ßßÉß¾ß, ¼ßä¼¹ß¨ÃÃ ë~ ²¾ßß¾ßà²ß¢ßÃ¾ß ë~ µßàÀ¢ßß¼ßÐËßÂµß µßÆà£ßºßæà£ß¾ßíëÝÞ ~ß µß£ßß Éßßß²ßë ì~²ß¹ßìÝ~ ¶~ß²ßìÝàÍß¾ßÉß ÐßàËßÃÐßëÐß àÉßà¼ßÖëÊ °ßÀß §ß¾ßÀ àËßàËß±ß ¾ßßà½ß~ß ²ßÞ 36 ë~
²ßäÐßßÀ, ~¼µß²ßã ~íë à~Ðßã ºßã µßÆ~ßÀ ~ã §ë¾ß£ßß ²ßÑãÝ Ñíëßã.
218
Notes on Accounts to Consolidate Financial Statements - 2008-09

Part A:
Select Notes on Accounts of Andhra Bank : Please refer Schedule - 18 Notes on Account of Andhra Bank
Part B: Select Notes on Subsidiary: (ABFSL)
1) Interest on Inter Corporate Deposits A/c M/s. Kudremukh Iron Ore Co Ltd. The dispute between the company and M/s.
Kudremukh Iron Ore Co Ltd [KIOCL] was settled during the year 2003-04. However, KIOCL has reserved right to claim on
pro-rata basis along with other PSUs in case of surplus arising after meeting all liabilities, for the interest from the date of
maturity of Inter Corporate Deposits up to the date of payment.
2) i) A winding up petition against the company was filed by Tamil Nadu Newsprint and Papers Limited [TNPL] in August,
1999. The company filed an appeal before the Division Bench of Madras High Court. The company repaid TNPL Rs.6.21
crore being principal and interest upto the contracted date. The company also deposited Rs.10.50 crore with the Honble
Madras High Court. The appeal filed was admitted and the winding up petition filed by TNPL was dismissed and treated as
withdrawn by Andhra Pradesh, High Court.
The appeal filed by the company came up for hearing on 13.07.2004 before the Division Bench of Madras High Court and
passed the orders to permit the company to submit its offer for settlement to TNPL within a week and the company submitted
its offer. TNPL has informed that their Board of Directors have not accepted the offer given by the company (ABFSL). The
case was posted for hearing on 29.06.2005 and again in February 2006. The arguments and counter arguments are completed.
The judgment was announced on 20.04.2006. The court has allowed 12% as pre decree interest, pendent lite interest as well
as future interest. As per the decree TNPL has to refund around Rs. 467 lacs.
TNPL has filed an appeal against the decision of the Honble High Court of Madras in the Honble Supreme Court. Despite
opposition by the companys counsel, Honble Supreme Court has admitted the SLP and granted the requisite leave.
ii) Against the decree passed by the Madras High Court in the case filed by TNPL, for Rs.1.88 crore plus interest, the
company filed an appeal, which is admitted by the Division Bench Madras High Court and deposited Rs.1.42 crore and
Rs.80,351 being one third of the decretal amount.
The appeal filed by the company came up for hearing on 13.07.2004 before the Division Bench of Madras High Court and
passed the orders to permit the company to submit its offer for settlement to TNPL within a week and the company submitted
its offer. TNPL has informed that their Board of Directors have not accepted the offer given by the company (ABFSL). The
case was posted for hearing 29.06.2005 and again during February 2006. The arguments and counter arguments were
completed. The judgment is awaited.
iii) The suit filed against M/s. Incab Industries Ltd in Delhi High Court, for realization of lease rentals amounting to Rs.45.29
lacs since October 1992, is pending for appointment of the third arbitrator . In the mean time M/s Incab Industries Ltd.,
submitted a proposal before the Board for Industrial and Financial Reconstruction [ BIFR ]. The company filed a petition
before the Board [BIFR] who has permitted the company to take possession of the leased machinery with Incab Industries
Ltd. But the workers union is protesting to take the machinery with a plea that some interested parties are negotiating for
takeover of Incab Industries Ltd. As such, the matter is deferred for some more time.
However, the estimated market value of the asset is got assessed by approved valuers and is valued as Rs.20.00 lacs. As the
carrying cost of the machinery (Rs.1/- on 31.03.2009) is much below the valued cost, there is no impairment loss on the
machinery.
iv) The company repaid the total Inter Corporate Deposits of Rs.4.00 crore placed in l992 by M/s Mishra Dhatu Nigam Ltd
(MIDHANI) in 1997 with interest up to the contracted date. MIDHANI acknowledged the receipt as full and final settlement in
1997. However, MIDHANI, subsequently, has made a claim for interest after the contracted date. On refusal by the company
to acknowledge or pay the interest, MIDHANI has approached the Committee On Disputes (COD) who directed MIDHANI to
Permanent Machinery of Arbitration (PMA) with whom the matter is pending. The company has legal opinion saying that the
claim of MIDHANI is not sustainable and hence no provision has been made.
v) During the year 1994 the company has paid the amounts of ICD 153 & 155 to Delhi Financial Corporation to the extent of
principal sum of Rs.100 lacs each, with an agreement dt.28/9/1994 that the contracted interest shall be paid after paying the
Principal and Interest amount of ICD to all other PSUs. There was a claim for interest of Rs.7,08,000/- for the contracted
period and the company has paid the same on 9/08/2004. However Delhi Financial Corporation has reserved the right to
claim on prorata basis along with other PSUs in case of surplus arising after meeting all liabilities, for the Interest from the
date of maturity of ICDs to date of payment.
vi) Consequent to the Honble Supreme Courts judgement upholding the judgement of Special Court, Mumbai the Miscellaneous
Petition No.36 filed by Canbank Financial Services Ltd., for tracing of Securities, there will be no liability on the Company.
219
3. ÐßßËßÃÌßà²ß~ ßë¥ß ë~ ¹ßßÞÊ ~ß ÐÖíî~ . Íßæ²¾ß

ä~Éß ä~Éß §ã³ßßÃËßà±Ðß
µßàÀ¼ßß¢ß Á. µßàÀ¼ßß¢ß Á. Á.
~) Íßë¾ßÀ 2,16,742 2,16,736 2,16,742 2,16,736 -
(àµß¿Éßë ËßÏßÃ ë~ ßÞ~Êë) (2,16,742) (3,42,926) (2,16,742) (3,42,926) -
4. Ë¾ßßµßßÀ ¼ßëÝ ÐÖíî~ ë~ Âµß ¼ßëÝ ÀÛßë ß¾ßë ¬ËßíëÖëÊ Íßë¾ßÀ ËßÞ µßÆà£ßºßæà£ß¾ßíëÝ ë~ ÐÖß~ ~íë Éßßß£ß ¾ßß ¹ßßÌßßÀ ¼ßæÉ¾ß µßÀ Ìßíë ºßã ~¼ß Ñíë, ¼ßæÉ¾ß²ß
à~¾ßß ß¾ßß Ñì Ìßíë ºßã ~¼ß Ñíë ßìÀ ²ß¬ËßíëÖëÊ Íßë¾ßÀ Ëß µßÆà£ßºßæà£ß¾ßíëÝ µßÀ Á. 1 µßÀ ¼ßæÉ¾ß²ß à~¾ßë ß¾ßë ÑìÝ.
µßàÀ¼ßß¢ßËßßÀ 01.04.08 01.04.2008 Æ~¾ß/ÌßíëÊ ÛßÀã§/àÀÖ²ßÃ/àËßÉßíëµß²ß à¹ßÆ~ã 31.03.09 31.03.09
~íë µßÆßÀÞàºß~ ~íë µßÆßÀÞàºß~ ~íë Þà£ß¼ß ÐÖíî~~ ~íë Þà£ß¼ß
ÐÖíï~ µßàÀ¼ßß¢ß ÐÖíï~ Á. µßàÀ¼ßß¢ß ÐÖíî~ Á.
µßæ¢ßÃ µßÆ§££ß 2,16,742 3,42,926 - - - 2,16,742 2,16,736
¨Ãà¬ËßÖã Íßë¾ßÀ
àµß¿Éßë ËßÏßÃ (7,12,673) (90,25,521) - - - (2,16,742) (3,42,926)
ë~ ßÞ~Êë)
31.03.2009 ~íë à~¾ßë ß¾ßë Ë¾ßßµßßÀ ë~ ¹ßãÐß¨Ã/²ßÐß¨Ã ¹ßäÉßëàÖ²ß ë~ ß±ßßÀ µßÀ ¬ËßíëÖëÊ ²ß¬ËßíëÖëÊ Íßë¾ßÀíëÝ ~íë µßè¦ß~ à~¾ßß ß¾ßß Ñì. Ðßë~ à£ßàÀ¬£ß
²ß¬ËßíëÖëÊ Íßë¾ßÀíëÝ ë~ ËßßãÃ~À¢ß µßÀ àËß½ßßÀ ë~ËßÉß £ß¹ß à~¾ßß Ìßß£ßß Ñì Ìß¹ß à§²ßßÞ~ 31.3.2009 ~íë ~¼ß Ðßë ~¼ß £ßã²ß ¼ßÑã²ßë ë~ µßÑÉßë ²ß~ß µßàÀ½ßßÉß²ß
5. ²ßäÐßæ½ßã 14 ¼ßëÝ Ðßà¼¼ßàÉß£ß µßÆ¹ßÞ±ß à²ß§ëÍß~ ~ß µßÆßàÀÎÇßà¼ß~
µßÆ¹ßÞ±ß à²ß§ëÍß~ ß²±ßÆß ¹ßìÝ~ Ðßë µßÆà£ßà²ß¾ßäà¬£ß µßÀ ÑìÝ ßìÀ ²ß~ß µßßàÀÎÇßà¼ß~ ¬£ß ¹ßìÝ~ ë~ ÐßëËßß àËßà²ß¾ß¼ß ë~ ²ßäÐßßÀ Ñì Ìßíë Ðß¼ß¾ß Ðß¼ß¾ß µßÀ Éßßßæ ²ßäÐßßÀ ÑìÝ.
àËßËßÀ¢ß 2009 2008
ÀßàÍß Áµß¾ßíëÝ ¼ßëÝ ÀßàÍß Áµß¾ßíëÝ ¼ßëÝ
Ëßë£ß²ß ßìÀ ºß££ßë 4,70,727 4,52,024
ºßàËßÏ¾ß à²ßà±ß /µßëÍß²ß ~íë ÞÍß§ß²ß 31,547 30,612
²ßäÉßßºß 1,04,015 39,528
ÉßÖãÐßã/¿äÖòÖã ²ß~§ã~À¢ß -- --
ßÆë½ßääÖã 24,956 76,728
ä~Éß 6,31,245 5,98,962
6. µßÆà£ß Íßë¾ßÀ ÌßÃ²ß ( Á. 10/- µßÆ£¾ßë~ ~ß Þà~£ß ¼ßæÉ¾ß)
àËßËßÀ¢ß 2008-09 2007-08
¼ßæÉß ¨ÃµßãÐß (Á.) 1.47 8.29
à²ßËßÉß Éßßºß (Á. ÉßßÛßíëÝ ¼ßëÝ) 73.61 414.68
Íßë¾ßÀíëÞÝ ~ã ßìÐß£ß à±ßºßßàÀ£ß ÐßÞ (Á. ÉßßÛßíëÝ ¼ßëÝ) 50.00 50.00
¼ßæÉß ÌßÃ²ß µßÆà£ß Íßë¾ßÀ (Á.) 1.47 8.29
220
3. Stock of Public Sector Bonds NIL
Classification of Current and Total Current Long

Long term investments term
Qty (Rs) Qty (Rs) (Rs)
Shares 2,16,742 2,16,736 2,16,742 2,16,736 --
(Previous Year figures) (2,16,742) (3,42,926) (2,16,742) (3,42,926) --
4. The stock of Quoted Shares & Securities held as Stock in Trade are valued at Cost or Market Value whichever is lower
and Unquoted Shares & Securities are valued at Rupee one.
Quantity wise Opening Opening Purchases/ Purchases/ Sales Closing Closing

Stock Stock Additions Returns/ Stock Stock
01.04.08 01.04.08 Deletions 31.03.2009 31.03.2009
Qty. Rs. Qty. Rs.
Equity Shares 2,16,742 3,42,926 - - - 2,16,742 2,16,742

fully paid up
(Previous (7,12,673) (90,25,521) - - - (2,16,742) (3,42,926)

years figures)
Segregation between quoted and unquoted shares is made based on BSE/NSE bulletin for the business transacted on
31.03.2009. Further the shares are classified as unquoted, if such shares are not traded during three months period before
31.03.2009.
5. Managing Director Remuneration included in Schedule 14.
The Managing Director is on deputation from Andhra Bank and his remuneration is in accordance with the service regula-
tions of the said Bank as applicable from time to time.
Particulars 2009 2008

Amt in Rs. Amt in Rs.
Salaries and Allowances 4,70,727 4,52,094

Contribution to PF/Pension 31,547 30,612
Perquisites 1,04,015 39,528
LTC / Encashment of Leave
Gratuity 24,956 76,728
Total 6,31,245 5,98,962
6. Earning per share ( face value of Rs. 10/- each )
Basic EPS ( Rs.) 1.47 8.29

Diluted EPS ( Rs. ) 1.47 8.29
Calculation of Basic EPS:
Net Profit ( Rs. in lacs ) 73.61 414.68
Weighted Average no of shares ( in lacs ) 50.00 50.00
Basic Earning per share ( Rs. ) 1.47 8.29
221
7. 9 Ìß²ßËßÀã 1997 ~íë ßìÀ ¹ßìÝâ~ß Þ~µß²ßã ë~ µßÞÌßã~À¢ß Ñë£ßä ºßßÀ£ßã¾ß àÀÌßËßÃ ¹ßìÝ~ °ßÀß ÌßßÀã à²ß§ëÍßíëÝ ë~ ²ßäÐßßÀ, ºßßàÀ¹ßìÞ~ ë~ µß¥ß ÐßÞÛ¾ßß Êã²ß¹ßãÐß
(½ß) Ðßã¼ßÐß ÐßÞÛ¾ßß 2238/½ßËßß¨Ã¬¾ßæ 0472/2004-05 à§²ßßÞ~ 28 Ìß²ßËßÀã 2005 ë~ ²ßäÐßßÀ ²ß¹ßã¶~ß¨Ã ~ß Ë¾ßßµßßÀ ²ß ~À²ßë ë~ àÉß àËßÍßëÏß
¹ßíëÊÃ ÐßÞ~Éµß µßßàÀ£ß ~ÀëÝ, Ðß ß±ßßÀ µßÀ µßÞÌßã~À¢ß ë~ àÉß Þ~µß²ßã ~ß ßËßë§²ßµß¥ß ²ßß¼ßÞÌßæÀ à~¾ßß ß¾ßß Ñì. ºßßàÀ¹ßìÝ~ ²ßë ßßë Ìßß²ß~ßÀã §ã à~ ¾ßÑ Ðßäà²ßàÍ½ß£ß
à~¾ßß Ìßß ¬£ß µß¥ß ~ã ÌßßÀã ~ã à£ßà¦ß Ðßë £ßã²ß ËßÏßÃ ~ã Ëßà±ß ë~ ºßã£ßÀ Þ~µß²ßã ~ã àËß££ßã¾ß ßàÐ£ß¾ßíëÝ ~ß à²ßµßÖß²ß ~À à§¾ßß Ìßß£ßß Ñì ËßÞ Þ~µß²ßã ßìÀ ¹ßìÝâÞ~ß
ßìÀ àËß££ßã¾ß ÐßÞÐ¦ßß²ß ë~ Âµß ¼ßëÝ ~²ËßÖÃ à~¾ßß Ìßß£ßß Ñì ¾ßß µßàÀÐß¼ßßµß²ß à~¾ßß Ìßß£ßß Ñì. £ß§²ßäÐßßÀ Þ~µß²ßã ²ßë µßÆ¹ßÞ±ß à²ß§ëÍß~ °ßÀß à½ß£ß ~ßÀÃËßß¨Ã ë~ àÉß à§²ßßÞ~
3.2.2005 ~ß ¹ßíëÊÃ ÐßÞ~Éµß µßßàÀ£ß à~¾ßß. ~¼µß²ßã à¶~àÌß~Éß ¶~ß¼ßÃ ¼ßëÝ Íßë¾ßÀíëÝ ~íë ¿íëñÊ~À àËß££ßã¾ß ßàÐ£ß¾ßëßÞ ~íë à²ßµßÖß¾ßß Ñì.. 09.01.2008 ~íë Þ~µß²ßã
²ßë ºßßàÀ¹ßìÝ~ ~íë àËß££ßã¾ß ßàÐ£ß¾ßíëÝ ~íë à²ßµßÖß²ßë ~ã Ðßæ½ß²ßß §ã Ñì ßìÀ Þ~µß²ßã ~íë ßìÀ ¹ßìÝâ~ß ßìÀ àËß££ßã¾ß ÐßÞÐ¦ßß²ß ë~ Âµß ¼ßëÝ ÖÅãÖ ~À²ßë ~ß ²ßäÀíë±ß à~¾ßß
Ñì. 5.12.2008 ~íë ºßßàÀ¹ßìÝ~ ²ßë àËßÏß¾ßËßÐ£ßä ²ßíëÖ ~À²ßë ~ß ££ßÀ à§¾ßß Ñì
8. Þ~µß²ßã à±ßà²ß¾ß¼ß 1956 ~ã ²ßäÐßæ½ßã VI ë~ ºßßß II ~ß ÛßÞÊ 3,4(~) 4 (ß) 4 (³ß) ¼ßëÝ ²¾ß ¼ßß¼ßÉßíëÝ ¼ßë ÐßÞ¹ßÞà±ß£ß Ðßæ½ß²ßß Ìßíë ¾ßß £ßíë Íßæ²¾ß Ñì ¾ßß
Þ~µß²ßã ~íë Éßßßæ ²ßÑãÝ Ñì, ²ßÑãÝ à§¾ßß ß¾ßß Ñì.
àµß¿Éßë ËßÏßÃ ë~ ßÞ~Êë, ½ßßÉßæ ËßÏßÃ ë~ µßÆÐ£ßä£ßã~À¢ß ~ã µßäàÏÖ ë~ àÉß, ÌßÑíïÞ - ~ÑãÝ ßËßÍ¾ß~ Ñíë, µßä²ß:ËßßãÃè~£ß/µßä²ß:ÎÇíë¢ßãè~£ß à~¾ßß ß¾ßß Ñì.
9. µßÆßÐßÞàßª~ §ë¾ß£ßß©ïÞ ©ËßÞ §ßËßë àÌß²ÑëÝ <~¢ß ªë~ Âµß ¼ßëÝ ²ßÑãÝ ¼ßß²ßß ß¾ßß Ñì.
ª~) ÐÖëÝÊÊÃ ½ßßÖÃÊÃ ¹ßìÝª~:
ÐßÐßã¹ßã ²ßë ª~¼µß²ßã µßÀ ²ßëª~ ¾ßßà½ßª~ß©ïÞ §ß¾ßÀ ª~ã ÑìÝ àÌß²ß µßÀ ª~¼µß²ßã ª~íë àËßËßß§ Ñì.
§ßËßë ~ß àËßËßÀ¢ß 2009 2008
(Á. ~ÀíëñÊíëÝ ¼ßëÝ) (Á. ~ÀíëñÊíëÝ ¼ßëÝ)
1. àËßàºß²²ß ¹ßÆßëª~ÀíëÝ ª~ã ßëÀ Ðßë Á 91.85 ª~ÀíëÊ (àµß¿Éßë ËßÏßÃ Á. 91.85 ª~ÀíëÊ)
ªë~ ¹ßìÝª~À ½ßëª~ ªÞ~µß²ßã ªë~ ²ßß¼ß ÌßßÀã àª~¾ßë ß¾ßë ÑìÝ àÌßÐßªë~ àËßÁ« ¹ßìÝª~ ª~íë
§ë¾ß ÀßàÍß µßÆßµ£ß ²ß Ñíë²ßë ªë~ ¹ßßÀë ¼ßëÝ ª~Ñß ß¾ßß Ñì. 91.85 91.85
2.¹ßìÝª~ °ßÀß Á. 55 ª~ÀíëÊ (àµß¿Éßë ËßÏßÃ Á. 55 ~ÀíëñÊ) ÐßÐßã¹ßã °ßÀß µßÆà£ßºßæà£ß¾ßíëÝ
ª~ã ÛßÀã§ã Ñë£ßä ºßäß£ßß²ß àª~¾ßß ß¾ßß Ñì. ¹ßìÝª~ ª~ß ª~Ñ²ßß Ñì àª~ ª~¼µß²ßã ²ßë ß¹ßÞÖ²ßµß¥ß
ª~ã µßÆà£ß §ã Ñì, ²ß àª~ ¼ßæÉßµßÆà£ß. £ß: µßÆà£ßºßæà£ß¾ßíïÞ ^Ðßªë~ ²ßß¼ß Þ£ßàÀ£ß
²ßÑãÝ ª~ã Ìßß Ðßª~ã ÑìÝ. 55.00 55.00
Ûß) ²¾ß §ßËßë
Æ~¼ß ÐßÞ §ßËßíëÝ ë~ àËßËßÀ¢ß 2009 2008
Á. ~ÀíëñÊíëÝ ¼ßëÝ Á. ~ÀíëñÊíëÝ ¼ßëÝ
i ß¾ßª~À ¼ßßÞß (µßãÉß ¼ßëÝ, ²ßíëÖ 9 (Ðßã) ª~ß ÐßÞ§ºßÃ ÉßëÝ. (àßÆ¼ß ~À µßÆ§££ß 11.09 ~ÀíëñÊ) 11.09 11.11
(àµß¿Éßë ËßÏßÃ Á 11.11 ~ÀíëñÊ)
ii £ßà¼ßÉß²ßßÊä ²¾ßæÐßàµßÆÞÖòÐß ©ÞÊ µßëµßÐßÃ àÉßà¼ßÖëÊ ªè~µß¾ßß ²ßíëÖ ÐßÞÛ¾ßß 2 Þ (Ûß) ª~ß ÐßÞ§ºßÃÃ ÉßëÝ. 2.46 2.46
iii. ß¾ß~À ¼ßßÞß - à²ß±ßßÃÀ¢ß ËßÏßÃ 2002-03
(Þ~µß²ßã ²ßë Ðß ß§ëÍß ~íë µßÆºßßËß ¼ßëÝ Éßß£ßë Ñä ß¾ß~À µßãÉßëÖ àÖÅ¹ßä²ßÉß, Ñì§Àß¹ßß§ 20.06.2008
ë~ ¹ßëÝ½ß ß§ëÍß ë~ ¹ßß§ à§²ßßÞ~ 09.09.2008 ~ß µßÀËß£ßãÃ ß§ëÍß µßÆßµ£ß à~¾ßß Ñì. àËßºßßß ²ßë
±ßßÀß 220 (2) ë~ Þ£ßßÃ£ß Á. 2,38,665/- ~ã~ ¹ßÌßß¾ß Á. 21,44,100/- ë~ Âµß
¼ßëÝ à±ß~ µßàÀ~àÉß£ß à~¾ßß Ñì Ðß µßÆ~ßÀ Þ~µß²ßã Ðßë Á. 17,15,199/- ~ß ºßäß£ßß²ß ~ã ¼ßßÞß
~ã ß¾ßã Ñì. Þ~µß²ßã ²ßë µßàÀ~Éß²ß ¼ßëÝ ßÉß£ßã ~íë ÐµßÏÖ ~À£ßë Ñä 23.09.2008 ~íë µß¥ß
µßÆÐ£ßä£ß à~¾ßß Ñì ßìÀ µßàÀÍßíë±ß²ß ß§ëÍß ë~ àÉß ²ßäÀíë±ß à~¾ßß Ñì ßìÀ Ðß~ã µßÆ£ßãßß Ñì. 0. 17 --
ªä~Éß µßÆßÐßÞàßª~ §ë¾ß£ßß©ï (+¹ßã) 160.57 160.42
>µßÀ Ëßà¢ßÃ£ß ²ßíëÖ ¼ßëÝ ¹ß£ßß¾ßë ²ßäÐßßÀ ª~¼µß²ßã °ßÀß Ðßºßã §ßËßíëÝ ª~ß àËßËßß§ àª~¾ßß ß¾ßß Ñì. à}~À ºßã, §ßËßíëÝ ª~ã µßë½ßã§ßã ª~íë ±¾ßß²ß ¼ßëÝ ÀÛß£ßë Ñä© à²ß§ëÍßª~íëÝ ²ßë ²ß
§ë¾ß£ßßßëÝ ªë~ àÉß© Á 36.07 ª~ÀíëÊ ª~ß µßÆßËß±ßß²ß ª~À²ßß àËßËßëª~µßæ¢ßÃ Ðß¼ßÔßß.
ß.ß¾ßª~À
ªÞ~µß²ßã à²ß±ßßÃÀ¢ß ËßÏßÃ 1993-94 Ðßë 2002-2003 £ß~ ªë~ àÉß© µßãÉß àª~¾ßß Ñì Ìßíë Ðßãß¨ÃÖã µßãÉß ©ËßÞ ß¾ßª~À àµßÉßëÖ àÖÅ¹ßä²ßÉß/ ßÞµßÆ ªë~ ½ß ²¾ßß¾ßßÉß¾ß
ë~ ¼ßß²ß²ßã¾ß ¹ßëÝ½ß ªë~ Ðß¼ßß àËß½ßßÀß±ßã²ß Ñì. ¨²ß µßãÉßíÞë ªë~ àËß½ßßÀß±ßã²ß ÀÑ£ßë, ÖãÊã©Ðß, àßÆ¼ß ª~À ©ËßÞ ÐËß¾ßÞ ¼ßæÉ¾ßßÞàª~£ß µßÆ§££ß ª~À µßÀ àËß½ßßÀ ª~À²ßë ªë~ µßÍ½ßß£ßò
à²ßËßÉß ¼ßßÞß ªë~ àËßÁ« §ë¾ß£ßß©ïÞ à²ß¼²ßß²ßäÐßßÀ ÑìÝ.
à²ß±ßßÃÀ¢ß ËßÏßÃ 2007-2008: Þ~µß²ßã ²ßë ËßÏßÃ 2007-08 à²ß±ßßÃÀ¢ß ËßÏßÃ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ ß¾ß ~À à±ßà²ß¾ß¼ß, 1961 ~ã ±ßßÀß 143 (1) ë~ Þ£ßßÃ£ß à§²ßßÞ~
20.03.2009 ß§ëÍß ë~ ²ßäÐßÀ¢ß ¼ßëÝ à§²ßßÞ~ 08.04.2009 ~íë Á. 12,52,858/- ~ã ±ß²ßËßßµßÐßã µßÆßµ£ß ~ã Ñì àÌßÐßë µßÆßÐßÞàß~ §ë¾ß£ßßßëÝ ~íë Ðß¼ßß¾ßëßàÌß£ß
à~¾ßß ß¾ßß. Þ~µß²ßã ²ßë ±ß²ßËßßµßÐßã ~ß µß¥ß µßÑÉßë Ñã µßÆÐ£ßä£ß ~À à§¾ßß Ñì.
10. Þ~µß²ßã 1991 ~íë µßÆßÀÞºß à~¾ßß ß¾ßß. 31.03.2009 ~íë ÐßÞà½ß£ß Ñßà²ß Á. 19.08 ~ÀíëÊ ë~ ~ßÀ¢ß Á. 14.08 ~ÀíëÊ ë~ ²ß~ßÀß£¼ß~ à²ßËßÉß ¼ßæÉ¾ß
Ñì. à¶~À ºßã Þ~µß²ßã ²ßë ½ßßÉßæ ËßÏßÃ ¼ßëÝ Éßßºß µßÆßµ£ß à~¾ßß Ñì.
222
7. As per the directions issued by Reserve Bank of India for registration of Non Banking Financial Companies on 9th January
1997, the Companys application for registration was rejected by RBI vide their letter No. DNBS (H)CMS No.2238/HYQ 0472/
2004-05 dt.28th January 2005 requiring the company to pass a specific Board Resolution not to carry on the business of an
Non Banking Financial Institution. RBI further informed the company to ensure that within a period of 3 years from the date
of issue of their said letter, the financial assets of the company are disposed off and the company is converted into a Non-
Banking Non-Financial Institution or is wound up. Accordingly the company passed Board Resolution on 3.02.2005 to
explore the course of suitable action by the Managing Director at the earliest. The company has disposed the financial
assets except the shares in Physical Form. The company has informed RBI on 09.01.2008 about disposal of the Financial
Assets and requested to treat the company as Non-Banking Non-Financial Institution. RBI replied on 05.12.2008 that it has
taken the contents mentioned there in on record.
8. Information with regard to the matters in clause 3, 4 (A), 4 (C) and 4 (D) of Part-II of Schedule VI to the Companies Act,
1956 to the extent they are either NIL or not applicable to the Company has not been given.
9. Contingent liabilities and Claims not acknowledged as debts.
a) Standard Chartered Bank ( SCB ):
The SCB filed various petitions on the company which the company disputed. Rs. in crore
S. No Particulars of claims 2009 2008
1 Bankers Cheques for Rs.91.85 crore (Previous Year Rs.91.85 crore) issued
to company on account of various brokers against which the SCB alleges
of not receiving due consideration 91.85 91.85
2 Rs.55.00 crore (Previous Year Rs.55.00 crore) paid towards purchase of securities
by the SCB. SCB alleges that the company has given a copy of letter of allotment
and not the original and hence the securities could not be transferred in its name 55.00 55.00
b) Other claims Rs. in crore

S. No Particulars of claims 2009 2008
i. Income Tax demand (in appeal) refer note 9 (c). (Adv. Tax paid Rs.11.09crore)
(Previous Year Rs.11.11 crore) 11.09 11.11
ii. Tamilnadu Newsprints & Papers Ltd refer note No.2 (b) 2.46 2.46
iii. Income Tax demand - Assessment Year 2002-03: 0.17
(Company received a consequential order dated 09.09.2008 consequent to
the Income Tax Appellate Tribunal, Hyderabad Bench order dated 20.06.2008
giving effect to this order. The department over calculated the interest payable
under section 220(2) as Rs.21,44,100/- instead of Rs.2,38,665/- thus demanding
a payment of Rs.17,15,199/- from the company. The company has submitted
a letter on 23.09.2008 explaining the mistake in the calculation and requested for
rectification order and the same is awaited).
Total Contingent Liabilities (a+b) 160.57 160.42
All the claims have been disputed by the company as explained in the notes above. However the Directors considering
the complexity of the claims , felt it prudent to provide for these liabilities for Rs.36.07 crore.
c) INCOME TAX
The Company had gone on appeals for the Assessment Years 1993-94 to 2002-03 which are pending before the CIT-
Appeals and the Honble Bench of the Income Tax Appellate Tribunal, Hyderabad / Honble High Court, Andhra Pradesh.
Pending disposal of these appeals the liabilities against the net demand after considering the TDS, Advance Tax and Self
Assessment Taxes paid is furnished here under.
Assessment Year 2007-08: The Company received on 08.04.2009 an Intimation dated 20.03.2009 Under Section 143(1) of
the Income Tax Act, 1961relating to the Assessment Year 2007-08 with a refund of Rs.12,52,858/- which was adjusted
towards contingent liabilities. The company has already submitted a letter for refund of the same.
10. The Company was incorporated in 1991. The accumulated losses as at 31.03.2009 is Rs.19.08 crores resulting in
negative net worth of Rs.14.08 crores. However, the Company has earned profit for the current year.
223
ÖãÊãÐß ~ß ¹ßÆë~µß

àËß££ßã¾ß ËßÏßÃ ¹¾ßßÌß ¼ßëÝ ÍßëÏß ÖãÊãÐß Á. Ðß¼ßß¾ßíëÌß²ß Á. Ðß¼ßß¾ßíëÌß²ß ÀßàÍß ~ß à²ßËßÉß Á.
1996-97 8,19,506 - 8,19,506
1997-98 1,76,618 - 1,76,618
1998-99 1,43,69,252 (-)1,40,72,775 2,96,477
1999-00 13,41,169 (-)10,56,384 2,84,785
2000-01 5,94,555 (+)71,973 6,66,528
2001-02 4,066 4,066
2002-03 3,88,582 (-)3,30,545 58,037
2003-04 3,13,778 (-)3,13,646 132
2005-06 3,32,289 (-) 99,638 2,32,651
2006-07 3,28,702 3,28,702
ÉßßºßßÞÍß µßÀ ÖãÊãÐß 3,97,550
ä~Éß 66,04,448
àßÆ¼ß ~À
µßÆ§££ß àßÆ¼ß ~À ~ß ËßÏßÃËßßÀ ¹ßÆë~ µß à²ß¼²ß µßÆ~ßÀ Ñì.
Æ~¼ß ÐßÞ àËß££ßã¾ß ËßÏßÃ ÀßàÍß Áµß¾ßíëÝ ¼ßëÝ
1 1994-95 2,83,11,822
2 1995-96 4,35,81,300
3 1996-97 3,02,57,801
4 1999-00 7,08,750
5 2001-02 32,90,000
6 2006-07 8,00,000
7 2007-08 39,00,000
8 2008-09 ---
ä~Éß 11,08,49,673
11. àµß¿Éßë ËßÏßÃ ë~ ß~Êë, ½ßßÉßæ ËßÏßÃ ë~ µßÆÐ£ßä£ßã~À¢ß ~ã µßäàÏÖ ë~ àÉß, ÌßÑíïÞ ~ÑãÝ ßËßÍ¾ß~ Ñíë, µßä²ß::ËßßãÃè~£ß/µßä²ß:ÎÇíë¢ßãè~£ß à~¾ßß ß¾ßß Ñì.

à²ß§ëÍß~
¼ß±ßäàÉß~ß µßã. Ðßää~Éß ¹ßã.¼ßÑëÍËßÀ²ß Ëßã.½ß. Àß¼ßè~Ï¢ß²ß Öã.ßÀ.Ðß à¥ßËßë§ã
µßÆë¼ß µßÆ~ßÍß µßßÀã~ ë~. Àß¼ß~íëÖëÍËßÀ ÀßËß ²ßæµß µßÆ~ßÍß ßßÃ ¼ßÑßµßÆ¹ßÞ±ß~
224
Break up of TDS Balance

Financial Balance TDS on Adjustments Net of adjustments
year interest Rs. Rs. Amount Rs.
1996-97 8,19,506 - 8,19,506
1997-98 1,76,618 - 1,76,618
1998-99 1,43,69,252 (-)1,40,72,775 2,96,477
1999-00 13,41,169 (-)10,56,384 2,84,785
2000-01 5,94,555 (+)71,973 6,66,528
2001-02 4,066 4,066
2002-03 3,88,582 (-)3,30,545 58,037
2003-04 3,13,778 (-)3,13,646 132
2005-06 3,32,289 (-)99,638 2,32,651
2006-07 3,28,702 3,28,702
TDS on Dividends 3,97,550
Total 66,04,448
Advance Tax
The year wise breakup of Advance Tax paid
Sl.No. Financial Year Amount in Rs.

1. 1994-95 2,83,11,822
2. 1995-96 4,35,81,300
3. 1996-97 3,02,57,801
4. 1999-00 7,08,750
5. 2001-02 32,90,000
6. 2006-07 8,00,000
7. 2007-08 39,00,000
8. 2008-09 -
Total 11,08,49,673
11. The figures of the previous year have been regrouped/reclassified/rearranged wherever necessary to conform to Current
Years figures.

Directors T.R.S. Trivedi
Madhulika P. Sukul B. Maheshwaran V.H. Ramakrishnan General Manager
K. Raghuraman

225
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ªë~ àÉß© ^à½ß£ß ß±ßßÀ µßÆÐ£ßä£ß ª~À£ßã Ñì. µßÆ~Öã~À¢ß ë~ ±ßã²ß:
Ñ¼ß²ßë à²ß¼²ßßÞà~£ß ë~ àËß££ßã¾ß àËßËßÀ¢ß ª~ã ÉßëÛßß µßÀãßß ²ßÑãÝ ª~ã Ñì i) 31 ¼ßß½ßÃ 2009 ~íë ß²±ßÆß ¹ßìÝ~ ËßÞ Ðß~ã ²ßäÏßÞßã Þ~µß²ßã ë~ ~ß¾ßÃ
i. ²ßäÏßÞßã àÌßÐßë~ àËß££ßã¾ß àËßËßÀ¢ß 31 ¼ßß½ßÃ 2009 ª~íë Á. £ß¦ßß ÐßíëàÐß¾ßëÖ ë~ Ðß¼ßëà~£ß £ßäÉß²ß µß¥ß ë~ ¼ßß¼ßÉßë ¼ßëÝ
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95,66,434/- ªë~ ªä~Éß ÀßÌßÐËß ª~íë §ÍßßÃ£ßë ÑìÝ. ªÞ~µß²ßã ë~Ý µßàÀ½ßßÉß²ß ªë~ Ðß¼ßëàª~£ß µßàÀ¢ßß¼ß ë~ Ðß¼ßëà~£ß Éßßºß ËßÞ Ñßà²ß
ii. 31 ¼ßß½ßÃ 2009 Ðß¼ßßµ£ß ËßÏßÃ ë~ àÉß 2 ÐßíëàÐß¾ßëÖ ~ß à²ßËßÉß Éßßºß Á. ÉßëÛßß ËßÞ µß²ßë ÐßíëàÐß¾ßëÖòÐß ë~ àÑ£ß ë~ ¼ßß¼ßÉßë ¼ßëÝ.
647.38 ÉßßÛß §ÍßßÃ£ßë ÑìÝ. iii) Ðß ËßÏßÃ ~ã Ðß¼ßßàµ£ß ë~ àÉß ²ß~§ã µßÆËßßÑ ë~ ÐßÞ¹ßÞ±ß ¼ßëÝ Ðß¼ßëà~£ß àËß££ßã¾ß
¨²ß àËß££ßã¾ß àËßËßÀà¢ß¾ßíëÝ ßìÀ ²¾ß àËß££ßã¾ß àËßËßÀ¢ßíëÝ ª~ã ÉßëÛßß µßÀãßß ²¾ß àËßËßÀ¢ßíëÝ °ßÀß ~ËßÀ à~¾ßë ß¾ßë Ðß¼ßëà~£ß ²ß~§ã µßÆËßßÑ ~ã~ àËßËßÀ¢ßã ë~
ÉßëÛßß µßÀãßª~íëÝ °ßÀß ª~ã ß¾ßã Ñì àÌß²ßª~ã àÀµßíëÖÃ Ñ¼ßëÝ µßÆÐ£ßä£ß ª~ã ß¾ßã ÑìÝ ßìÀ ¼ßß¼ßÉßë ¼ßëÝ
Ñ¼ßßÀã Àß¾ß µßæ¢ßÃ Âµß Ðßë ²¾ß ÉßëÛßß µßÀãßª~íëÝ °ßÀß §ã ß¾ßã àÀµßíëÖÃ µßÀ Ñã Ñ¼ß ¾ßÑ Àß¾ß µßÆ~Ö ~À£ßë ÑìÝ à~ ÉßëÛßß ²ßãà£ß ßìÀ ÉßëÛßíëÝ µßÀ àÖµµßà¢ß¾ßëßÞ ~íë
ß±ßßàÀ£ß Ñì. µßñÜ£ßë Ñä ÐßÞÉß²ß Ðß¼ßëà~£ß àËß££ßã¾ß àËßËßÀ¢ß ºßßÀ£ß ¼ßëÝ~ Ðßß¼ßß²¾ß£ß¾ßß ÐËßãè~£ß
ÉßëÛßß àÐß«ßÞ£ßíëÝ ë~ ²ßäÂµß ÐßÑã ËßÞ ÐµßÏÖ à½ß¥ß §ÍßßÃ£ßß Ñì.

Ð¦ßß²ß: Ñì§Àß¹ßß§ ºßßßã§ßÀ (¼ß ²ßÞ 21154) ºßßßã§ßÀ (¼ß ²ßÞ 10022)~
à§²ßßÞ~: 08.05.2009
226
AUDITORS REPORT accordance with the requirements of Accounting Standards

(AS) 21, Consolidated financial statements and (AS) 23
The Board of Directors, Accounting for investments in Associates in consolidated
Andhra Bank. Financial Statements issued by the Institute of Chartered
We have audited the attached Consolidated Balance Sheet Accountants of India.
of Andhra Bank as on 31 st March 2009 and also the Without qualifying our opinion, we draw attention to:
consolidated Profit and Loss Account and the consolidated (i) Note No: 3 (c) of Part A of schedule 18 to the Consolidated
Cash Flow Statement for the year ended on that date annexed financial statements regarding inclusion of unapplied
thereto. These financial statements are the responsibility of interest amounting to Rs.93.11 crores under interest
the Andhra Banks Management and have been prepared by income instead of showing as an exceptional item in terms
the management on the basis of separate financial statements of requirement of AS-5 Net Profit or Loss for the period,
and other financial information regarding subsidiary and prior period item and changing accounting policies and
associates. Our responsibility is to express an opinion on Clause 41 of the listing agreement.
these financial statements based on our audit.
(ii) No.7 of Part B of schedule 18 to the consolidated financial
We conducted our audit of consolidated financial statements statements regarding rejection of the application of the
in accordance with the auditing standards generally accepted Subsidiary Company for registration with the Reserve
in India. Those standards require that we plan and perform Bank of India as a Non Banking Financial Institution and
the audit to obtain reasonable assurance whether the financial disposal of financial assets except certain shares which
statements are prepared, in all material aspects, in are in physical form.
accordance with an identified financial reporting framework
Based on our audit and on consideration of reports of other
and are free of material mis-statements. An audit includes
auditors on separate financial statements and on other
examining, on test basis, evidence supporting the amounts
financial information of the components, and to the best of
and disclosures in the financial statements. An audit also
our information and according to the explanations given to
us and subject to non-ascertainment and non-disclosure
significant estimates made by the management as well as
of interest liability in respect of Inter Corporate Deposits
evaluating the overall financial statements presentation. We
as Contingent liability of the subsidiary of the Bank, we
believe that our audit provides a reasonable basis for our
are of the opinion that the attached consolidated financial
opinion.
statements read with the Accounting Policies and notes on
We have not audited the Financial Statements of: accounts give a true and fair view in conformity with the
i. the subsidiary, whose Financial Statements reflect Total accounting principles generally accepted in India :
Assets of Rs.23,02,77,877/- as on 31st March 2009 and (a) in case of the Consolidated Balance sheet of the state of
Total Revenue of Rs. 95,66,434/- for the year ended on affairs of Andhra Bank, its Subsidiary and interests in its
that date. Associates as at 31st March 2009 and
ii. the 2 Associates reflecting Net Profit of Rs.647.38 lakhs (b) in the case of the Consolidated Profit and Loss Account
for the year ended 31st March 2009. of the Consolidated results of operations of Andhra Bank,
These financial statements and other financial information its subsidiary and interests in its Associates for the year
have been audited by other auditors whose reports have been ended on that date.
furnished to us and our opinion is based solely on the report (c) in the case of the Consolidated Cash Flow Statement, of
of other auditors. the Cash Flows for the year covered by the consolidated
We report that the consolidated financial statements have financial statements.
been prepared by the Andhra Banks management in

Partner (M. No. 21154) Partner (M. No. 10022)
Place : Hyderabad
Date : 08.05.2009
227
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31/03/2009 31/03/2008
²ß~§ã ßìÀ ²ß~§ã £ßäÉ¾ß ~ß ¦ß ÍßëÏß 56943158 40241745
²ß~§ã ßìÀ ²ß~§ã £ßäÉ¾ß ~ß à£ß ÍßëÏß 52875015 56943158
Ëßà±ß ë~ §íìÀß²ß ²ß~§ã ßìÀ ²ß~§ã £ßäÉ¾ß ¼ßëÝ à²ßËßÉß Ëßèà«/~¼ßã -4068143 16701413
µßàÀ½ßßÉßß£ß ~ß¾ßíëÄ Ðßë ²ß~§ã µßÆËßßÑ

~ÀµßæËßÃ à²ßËßÉß Éßßºß 9010531 9253362
ÌßíëÊ: ¹ßìÝ~ ~ã ÐßÞµßà££ß µßÀ ¼ßæÉ¾ßÑÅßÐß 817591 613352
ÌßíëÊ: ßíì¢ß ~¢ß µßÀ ¹¾ßßÌß 1395674 275060
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³ßÖßËßëÝ: ¬£ß Éßßºß ¼ßëÝ ²ßäÏßÞßã ~ß Éßßºß à¼ßÉßß¾ßß ß¾ßß Ñì 22658 30839
µßàÀ½ßßÉß~ ßàÐ£ß¾ßíëÝ ËßÞ §ë¾ß£ßßßëÝ ¼ßëÝ µßàÀËß£ßÃ²ß ë~ µßæËßÃ µßàÀ½ßßÉß~ Éßßºß 1197792 10108487
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Ìß¼ßß ¼ßëÝ Ëßèà«/ (~¼ßã) 99526788 79747414
±ßßÀã ¼ßëÝ Ëßèà«/ (~¼ßã) 7207253 -1430252
à²ßËßëÍß ¼ßëÝ (Ëßèà«) ~¼ßã -20128620 -5966509
àßÆ¼ß ¼ßëÝ (Ëßèà«) ~¼ßã -99008745 -63493189
²¾ß ßàÐ£ß¾ßíëÝ ¼ßëÝ (Ëßèà«) ~¼ßã -566577 -2274016
²¾ß §ë¾ß£ßßßëÝ ËßÞ µßÆßËß±ßß²ßíëÝ ¼ßëÝ (Ëßèà«) ~¼ßã 917611 988047
µßàÀ½ßßÉß²ß Ðßë Ìß²ßÀëÖÊë ²ß~§ã -854498 17679982
³ßÖßËßëÝÞ: µßÆ§££ß ~À -4423493 -3879228
µßàÀ½ßßÉßß£ß ~ß¾ßíëÄ Ðßë ²ß~§ã µßÆËßßÑ () -5277991 13800754
à²ßËßëÍßã ~ß¾ßíëÄ Ðßë ²ß~§ã µßÆËßßÑ
½ßÉß ßàÐ£ß¾ßíëÝ ~ã ÛßÀã§ã/à¹ßÆ~ã -1972561 -882020
à²ßËßëÍßã ~ß¾ßíëÄ Ðßë ²ß~§ã µßÆËßßÑ (¹ßã) -1972561 (882020)
àËß££ßã¾ß ßà£ßàËßà±ß¾ßíëÞÝ Ðßë ²ß~§ã µßÆËßßÑ
µßÆßÀàß£ßã ÀßÌßÐËß Ðßë ßÑàÀ£ß -52 0
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ÉßßºßßÞÍß µßÆ§££ß (ÉßßºßßÞÍß µßÀ ~À à¼ßÉßß~À) -1134851 -2292261
ßíì¢ß ~¢ß ~ã ÌßßÀã /Íßíë±ß²ß 9250000 6350000
µßÆßÀàß£ßã ¼ßëÝ Ðß¼ßß¾ßíëÌß²ß
~¼ßÃ½ßßÀã Éßßºß ë~ àÉß µßÆßËß±ßß²ß (Ðß-15 ÐßÞÍßíë±àß£ß) à²ßËßëàÍß£ß/Ë¾ß¾ß à~¾ßß ß¾ßß -3537014
àËß££ßã¾ß ~ß¾ßíëÄ Ðßë ²ß~§ã µßÆËßßÑ (Ðßã) 3182409 3782679
Ëßà±ß ë~ §íìÀß²ß ²ß~§ã µßÆËßßÑ ¼ßëÝ à²ßËßÉß Ëßèà« (+) /~¼ßã ()+ (¹ßã)+ (Ðßã) -4068143 16701413
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228
CONSOLIDATED CASH FLOW STATEMENT OF ANDHRA BANK AND ITS SUBSIDIARY

FOR THE YEAR ENDED 31ST MARCH, 2009
(Rs. In 000s)

Particulars 31-03-2009 31-03-2008
Current Year Previous Year
Opening balance of Cash and Cash Equivalent 56943158 40241745
Closing balance of Cash and Cash Equivalent 52875015 56943158
Net (+)Increase/(-)Decrease of Cash and Cash Equivalent during the period -4068143 16701413
Cash Flow from Operating Activities
Net profit before tax 9010531 9253362
Add Depreciation on Assets 817591 613352
Add Interest on Subordinated Debt 1395674 275060
Less Profit on Sale of Assets 3346 2448
Less Share of Profit from Associates included in above profit. 22658 30839
Operaing Profit before Changes in Operating Assets and Liabilities 11197792 10108487
Adjustment for Changes in Operating Assets and Liabilities
Increase/(Decrease) in Deposits 99526788 79747414
Increase/(Decrease) in Borrowings 7207253 -1430252
(Increase)/Decrease in Investments -20128620 -5966509
(Increase)/Decrease in Advances -99008745 -63493189
(Increase)/Decrease in Other assets -566577 -2274016
Increase/Decrease in Other Liabilities and provisions 917611 988047
Cash Generated from Operations -854498 17679982
Less Taxes Paid -4423493 -3879228
Cash flow from Operating Activities (A) -5277991 13800754
Cash flow from Investing Activities
(Purchase) / Sale of Fixed assets -1972561 -882020
Cash flow from Investing Activities (B) -1972561 (882020)
Cash flow from Financing Activities
Drawn from Revenue Reserve -52 0
Interest paid on subordinated debts -1395674 -275060
Dividend paid (including tax on dividend) -1134851 -2292261
Issue / Redemption of Subordinated Debts 9250000 6350000
Adjustment in Reserves
Provision for Employees Benefits (AS-15) Invested / Spent -3537014
Cash Flow From Financing Activities (C) 3182409 3782679
Net Increase (+) / Decrease (-) in cash flow during the
period (A)+(B)+ (C ) -4068143 16701413
R.S. Reddy

229
ºßßÀ£ß ÐßÀ‰~ßÀ ‰~ß ƒµß‰Æ~¼ß

}~ß¼ßÃ ¹ßã
µßÆíî¬Ðßã ¶~ß¼ßÃ
(Íßë¾ßÀ±ßßÀ~ °ßÀß ºßÀß ËßÞ ÑÐ£ßßßàÀ£ß à~¾ßß Ìßß²ßß Ñì)
²ßíìËßãÝÝ ËßßàÏßÃ~ Ðßß±ßßÀ¢ß ¹ßì×~, 25 Ìßæ²ß, 2009
µßÞÌßãè~£ß ¶~íëàÉß¾ßíë ÐßÞ ___________________ Êãµßãß¨ÃÊã ÐßÞ _____________
ßÆßÑ~ ß¨ÃÊã ÐßÞ _____________
¼ßì Ý / Ñ¼ß_______________________________________________ à²ßËßßÐßã_______________________

àÌßÉßß__________Àß¾ß____________ ß²±ßÆß ¹ßìÝ ~ ë~ Íßë¾ßÀ±ßßÀ~ Ñíë²ßë ë~ ²ßß£ßë £ß§ò°ßÀß ÎÇßã/ ÎÇßã¼ß£ßã____________________
à²ßËßßÐßã_________________ àÌßÉßß _________________Àß¾ß ~íë ß²±ßÆß ¹ßìÝ ~ ë~ Íßë¾ßÀ±ßßÀ~íëÝ ~ã ßäÁËßßÀ 25 Ìßæ²ß, 2009 ~íë
10.00 ¹ßÌßë àÍßÉµß ~Éßß Ëßëà§~ß, àÍßÉµßßÀß¼ß¼ß, Æ~ß¸ÖòÐß àËßÉßëÌß, ÑßÖë~ àÐßÖã ë~ µßßÐß, ¼ßß§ßµßäÀ, Ñì§Àß¹ßß§ 500 081 ¼ßëÝ Ñíë²ßë ËßßÉßã ß×ËßãÝ
ËßßàÏßÃ~ Ðßß±ßßÀ¢ß ¹ßì×~, ßìÀ Ðßë~ Ð¦ßß²ß ~ã ¹ßì×~ ¼ßëÝ ¼ßëÀ/ë Ñ¼ßßÀë àÉß ßìÀ ¼ßëÀã/Ñ¼ßßÀã ßëÀ Ðßë ËßíëÖ §ë²ßë ë~ àÉß µßÆß¬Ðßã ë~ Âµß ¼ßëÝ à²ß¾ßä¬£ß ~À£ßß/
~À£ßã ÑæïÞ/~À£ßë ÑìÝ. è~µß¾ßß 1/- ~ß
L¤.
ÀßÌßÐËß ÐÖß¼µß
Éßßß¾ßëÝ
µßÆ¦ß¼ß ²ßßà¼ß£ß/~¼ßß¥ß Íßë¾ßÀ±ßßÀ~ ë~ ÑÐ£ßßßÀ

²ßß¼ß ___________________________
(¹ßÊë ßÀëßÞ ¼ßë)Ý
µß£ßß ___________________________
µßÆß¬Ðßã ë~ ÑÐ£ßßßÀ ________________________________µß£ßß_______________________________________
µßÆß¬Ðßã ¶~ß¼ßÃ ÑÐ£ßßßÀ ~À²ßë ËßÞ Ìß¼ßß ~À²ßë ë~ ²ßä§Íë ß
i) µßÆß¬Ðßã £ß¹ß £ß~ Ëßì±ß ²ßÑãÝ Ñíëßã Ìß¹ß £ß,
) ËßÑ Ë¾ßà¬£ßß£ß Íßë¾ßÀ±ßßÀ~ ë~ ¼ßß¼ßÉßë ¼ßëÝ ²ßë~ ¾ßß àÉßàÛß£ß Âµß ¼ßëÝ µßÆßà±ßè~£ß ²ßë~ Ö²ßãÃ °ßÀß ÑÐ£ßßßàÀ£ß ²ß Ñíë
¹ßã) ÐßÞ¾ßä¬£ß ±ßßÀ~íëÝ ë~ ¼ßß¼ßÉßë ¼ßëÝ ËßÑ µßÞÌßã ¼ßëÝ §ÌßÃÃ µßÆ¦ß¼ß ²ßßà¼ß£ß Íßë¾ßÀ±ßßÀ~ àÉßàÛß£ß Âµß ¼ßëÝ àËßà±ßËß£ßò µßÆßà±ßè~£ß ²ßë~ Ö²ßãÃ °ßÀß ÑÐ£ßßßàÀ£ß ²ß Ñíë.
Ðßã) à²ßß¼ß à²ß~ß¾ß ë~ ¼ßß¼ßÉßë ¼ßëÝ Ðßë à±ß~ßÀã ¾ßß àÉßàÛß£ß Âµß ¼ßëÝ àËßà±ßËß£ßò µßÆßà±ßè~£ß Ö²ßãÃ °ßÀß ÑÐ£ßßßàÀ£ß ²ß Ñíë.
ii) µßÀÞ£ßä ¾ßÑ à~ à~Ðßã µßÆß¬Ðßã ~ã àÉßÛß£ß µßÀ à~Ðßã ëÐßë Íßë¾ßÀ±ßßÀ~ ë~ ¾ß¦ßëÏÖ Âµß ¼ßëÝ ÑÐ£ßßßÀ ÑíëÝ ßë, Ìßíë à~Ðßã ~ßÀ¢ßËßÍß µß²ßß ²ßß¼ß ²ßÑãÝ àÉßÛß Ðß~£ßß Ñíë, ¾ßà§ Ðß µßÀ Ðß~ß à²ßÍßß²ß Éßßß¾ßß
ß¾ßß Ñì ßìÀ ËßÑ à²ßÍßß²ß à~Ðßã ²¾ßß¾ßß±ßãÍß, §ÞÊßà±ß~ßÀã, ÀàÌßÐÖÅßÀ ¾ßß Ðß¹ß ÀàÌßÐÖÅßÀ ßî¶~ ÍßäÀÐÝë ß ¾ßß ²¾ß ÐßÀ~ßÀã ÀßÌßµßà¥ß£ß à±ß~ßÀã ¾ßß ß²±ßÆß ¹ßìÝ ~ ë~ à~Ðßã à±ß~ßÀã °ßÀß à±ßµßÆ¼ßßà¢ß£ß
à~¾ßß Ìßß
iii) µßÆß¬Ðßã Ðßß¦ß
~) ¼ßäÛ£ßßÀ²ßß¼ßß ¾ßß ²¾ß ~íë¨Ã µßÆßà±ß~ßÀ (¾ßà§ ~íëÆ Ñíë) àÌßÐßë~ Þ£ßßÃ£ß ¾ßÑ ÑÐ£ßßßàÀ£ß à~¾ßß ß¾ßß Ñíë ¦ßËßß,
¹ßã) ²ßíëÖÀã µßà¹Éß~ ¾ßß ¼ßìàÌßÐÖÅëÖ °ßÀß µßÆ¼ßßà¢ß£ß, ¼ßäÛ£ßßÀ²ßß¼ßß ¾ßß µßÆßà±ß~ßÀ ~ã µßÆà£ß, µßÆ±ßß²ß ~ß¾ßßÃÉß¾ß, Ë¾ßßµßßÀã ¹ßìÝâ~ß µßÆºßßß, ß²±ßÆß ¹ßìÞ~, Êíî. µßÖòÖßàºß ºßËß²ß, 5-9-11, Ðßì¶~ß¹ßß§, Ñì§À¹ßß§
500 004 ¼ßëÝ ËßßàÏßÃ~ Ðßß±ßßÀ¢ß ¹ßì×~ µßÆßÀÞºß Ñíë²ßë ë~ ½ßßÀ à§²ß ë~ µßÑÉßë ¾ßß²ßã à~ Íßà²ßËßßÀ, 20 Ìßæ²ß 2009 ë~ ~ß¾ßÃÐß¼ß¾ß ~ã Ðß¼ßßàµ£ß ë~ µßÑÉßë ¦ßßÃ£ßò Ðßß¾ßÞ 2.00 ¹ßÌßë Ìß¼ßß à~¾ßß Ìßß.
iv) ~íë¨ÃÆ ºßã µßÆß¬Ðßã àÉßÛß£ß £ß¹ß £ß~ Ëßì±ß ²ßÑãÝ Ñíëßß Ìß¹ß £ß~ à~ ËßÑ àËßà±ßËß£ßò ÐÖßÞàµß£ß ²ß Ñíë.
v) ¹ßìÝ~ ¼ßëÝ Ìß¼ßß ~Àß¾ßã ß¾ßã µßÆß¬Ðßã àÉßÛß£ß µßÆà£ßÐßÞÑÀ¢ßã¾ß ËßÞ Þà£ß¼ß Ñíëßã.
vi) Ëßì~àÉµß~ Âµß ¼ßëÝ §íë ²ßä¼ßíëà§£ß Ë¾ßà¬£ß¾ßíëÝ ë~ µßß ¼ßëÝ ¼ßÞÌßæÀ µßÆß¬Ðßã àÉßÛß£ß ë~ ¼ßß¼ßÉßë ¼ßëÝ ~ Ðßë à±ß~ ¶~ß¼ßÃ à²ßÏµßßà§£ß ²ßÑãÝ à~¾ßë ÌßßÞßë.
vii) µßÆß¬Ðßã ~ã àÉßÛß£ß à²ßÏµßßà§£ß ~À²ßë ËßßÉßë Íßë¾ßÀ±ßßÀ~ ~íë Ðß ¹ßì×~ ¼ßëÝ Ë¾ßà¬£ßß£ß Âµß Ðßë ¼ß£ß§ß²ß ~À²ßë ~ß Ñ~ ²ßÑãÝ Ñíëßß àÌßÐß ¹ßì×~ Ðßë ëÐßã àÉßÛß£ß ÐßÞ¹ßÞà±ß£ß Ñíë.
viii) Ìßíë Ë¾ßà¬£ß ß²±ßÆß ¹ßìÝ~ ~ß à±ß~ßÀã ¾ßß ~¼ßÃ½ßßÀã Ñì Ðß Ë¾ßà¬£ß ~íë àËßà±ßËß£ßò µßÆßà±ßè~£ß µßÆà£ßà²ßà±ß ¾ßß µßÆß¬Ðßã ë~ Âµß ¼ßëÝ à²ß¾ßä¬£ß ²ßÑãÝ à~¾ßß Ìßßßß.
✁
230
FORM B
PROXY FORM
(To be filled in and signed by the shareholder)
NINTH ANNUAL GENERAL MEETING, 25th JUNE, 2009
Regd. Folio No._____________________ D.P.ID No.____________________
Client ID No. __________________
I/We _______________________________ resident of _______________________ in the district of
_________________________________ in the State of _______________ being a shareholder/shareholders of Andhra
Bank hereby appoint, Shri/Smt. _____________________________________ resident of _________________________
in the district of ____________________________ in the State of ____________________ or failing him / her, Shri /
Smt._______________________________ resident of ________________________ in the district of _______________
in the State of _______________as my/our proxy to vote for me/us and on my/our behalf in the Ninth Annual General
Meeting of the Shareholders of Andhra Bank to be held on Thursday, the 25th June, 2009 at 10.00 am at Shilpa Kala
Vedika, Shilparamam, Crafts Village, Near Hitec City, Madhapur, Hyderabad - 500 081, and at any adjournment thereof.
Please affix
Re.1/-
Revenue
Stamp
Signature of first named/sole Shareholder
Name _____________________________
(in Block letters)
Signature of Proxy _____________________ Address_____________________________________________________.
INSTRUCTIONS FOR SIGNING AND LODGING THE PROXY FORM
i) No instrument of proxy shall be valid unless,
a) in the case of an individual shareholder, it is signed by him/her attorney, duly authorized in writing;
b) in the case of joint holders, it is signed by the shareholder first named in the register of his/her attorney, duly
authorized in writing;
c) in the case of a body corporate signed by its officer or an attorney duly Authorised in writing;
ii) An instrument of proxy shall be sufficiently signed by any shareholder, who is, for any reason, unable to write his
/ her name, if his/her mark is affixed thereto and attested by a Judge, Magistrate, Registrar or Sub-Registrar of
Assurances or other Government Gazetted Officer or an Officer of Andhra Bank.
iii) The Proxy together with
a) The power of attorney or other authority (if any) under which it is signed, or
b) a copy of the power of attorney or authority, certified by a Notary public or a Magistrate, should be deposited at
Head Office, Merchant Banking Division, Andhra Bank, Dr.Pattabhi Bhavan, 5-9-11, Saifabad, Hyderabad 500004
not later than FOUR DAYS before the date of Annual General Meeting i.e. on or before the closing hours i.e., 2.00 P.M.
of Saturday, 20th June, 2009.
iv) No instrument of proxy shall be valid unless it is duly stamped.
v) An instrument of Proxy deposited with the Bank shall be irrevocable and final.
vi) In the case of an instrument of proxy granted in favour of two grantees in the alternative, not more than one form
shall be executed.
vii)The shareholder, who has executed an instrument of proxy, shall not be entitled to vote in person at the Annual
General Meeting to which such instrument relates.
viii) No person shall be appointed as duly authorized representative or a proxy who is an officer or an employee of
Andhra Bank.
✁
231
µßàÐ¦ßà£ß µß½ßãÃ ATTENDANCE SLIP

(µßÆËßëÍß ë~ Ðß¼ß¾ß ÐßíìµÝ ßß Ìßß²ßß Ñì to be surrendered at the time of Entry)
à§²ßßÞ~ : 25 Ìßæ²ß 2009 Date : 25 June, 2009
Ðß¼ß¾ß : µßÆß£ß: 10.00 ¹ßÌßë Time : 10.00 A.M.
Ð¦ßß²ß : àÍßÉµß ~Éßß Ëßëà§~ß, àÍßÉµßßÀß¼ß¼ß, Æ~ß¸ÖòÐß àËßÉßëÌß, Ñß Öë~ àÐßÖã ë~ µßßÐß, ¼ßß§ßµßäÀ, Ñì§Àß¹ßß§ - 500 081
Place : Shilpa Kala Vedika, Shilparamam, Crafts Village, Near Hi-Tech City, Madhapur,
Hyderabad-500 081.
Íßë¾ßÀ±ßßÀ~ ~ß ÑÐ£ßßßÀ
Signature of the Shareholder
µßàÐ¦ß£ß µßÆß¬Ðßã/µßÆà£ßà²ßà±ß ë~ ÑÐ£ßßßÀ
Proxy / Representative present
µßÞÌßãè~£ß ¶~íëàÉß¾ßíë Êãµßã ß¨ÃÊã Ëß ßÆßÑ~ ß¨Ã Êã
Regd. Folio DP ID & Client ID
(¾ßà§ ºßíìà£ß~ ²ßÑãÝ Ñì if not dematerialised) (¾ßà§ ºßíìà£ß~ Ñì if dematerialised)
Íßë¾ßÀ±ßßÀ~ ~ß ²ßß¼ß Name of the Shareholder
Íßë¾ßÀíëÝ ~ã ÐßÞÛ¾ßß Number of Shares
✁
µßÆËßëÍß µßßÐß ENTRY PASS
(¹ßì×~ ë~ §íìÀß²ß ÀÛßß Ìßß²ßß Ñì to be retained throughout the meeting)
µßÞÌßãè~£ß ¶~íëàÉß¾ßíë Êãµßã ß¨ÃÊã Ëß ßÆßÑ~ ß¨Ã Êã DP ID & Client ID
Regd. Folio
(¾ßà§ ºßíìà£ß~ ²ßÑãÝ Ñì if not dematerialised) (¾ßà§ ºßíìà£ß~ Ñì if dematerialised)
Íßë¾ßÀ±ßßÀ~ ~ß ²ßß¼ß Name of the Shareholder
Íßë¾ßÀíëÝ ~ã ÐßÞÛ¾ßß Number of Shares
Íßë¾ßÀ±ßßÀ~íëÝ/Íßë¾ßÀ±ßßÀ~íëÝ ë~ µßÆß¬Ðßã ¾ßß µßÆßà±ßè~£ß µßÆà£ßà²ßà±ß Ðßë ²ßäÀíë±ß à~¾ßß Ìßß£ßß Ñì à~ Ëßë µß¾ßäÃ¬£ß µßàÐ¦ßà£ß µß½ßãÃ ë~ ÑßÉß ¼ßëÝ µßÆËßëÍß ~À²ßë ë~ àÉß ¹ßìÞ~ ë~ Ðßß¦ß §ÌßÃ ²ß¼ßæ²ßß ÑÐ£ßßßÀ ë~ ²ßäÐßßÀ
àËßà±ßËß£ßò ÑÐ£ßßßàÀ£ß ë~ ²ßäÐßßÀ µßÆÐ£ßä£ß ~ÀëÝ. ¹ßÑÀÑßÉß ßËßÍ¾ß~ Ðß¼ßÔíë Ìßß²ßë ËßßÉßë Ðß£¾ßßµß²ß /ÌßßÞ½ß ë~Ý ¹ßß§ Ñã ²ßä¼ßà£ß §ã Ìßßßã. à~Ðßã ºßã µßàÀàÐ¦ßà£ß ¼ßëÝ ¹ßì×~ ë~ µßÆËßëÍß °ßÀ ¼ßëÝ ÑßàÌßÀã -
µß½ßãÃ ~ã §æÐßÀã µßÆà£ß ²ßÑãÝ §ã Ìßßßã.
Shareholders / proxy or authorised representative of shareholders are requested to produce the above attendance slip, duly signed in accordance
with their specimen signatures registered with the Bank, alongwith the entry pass, for admission to the venue. The admission will, however, be
subject to verification/checks, as may be deemed necessary. Under no circumstances, any duplicate attendance slip will be issued at the entrance
to the meeting.
àÖµµß¢ßã P.S. à~Ðßã ºßã µßÆ~ßÀ ë~ µßÑßÀ /µßÑßÀ æ~µß²ß ¹ßßÞÖë ²ßÑãÝ ÌßßÞßë
No gifts/gift coupons will be distributed at the meeting.
✁
232

AB Annual Report 2009 Colour Final Client Approved 20-06-09 Vap

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ANNUAL REPORT 2008-2009

ÉßëÛßß µßÀãß~~ Auditors ÀàÌßÐÖÅßÀ Ëß Íßë¾ßÀ Þ£ßÀ¢ß ÌßëÖÝ

Dear Shareholders, establishing 6 new Zonal Offices to reduce the turnaround

ºßßÀ£ß ÐßÀ‰~ßÀ ‰~ß ƒµß‰Æ~¼ß

A Govt. of India Undertaking

Öã¾ßÀ-1 µßæïÌßã 8.54 8.67 1.1. ¨Ãà¬ËßÖã ¼ßßë~Ã Ö

3. CAPITAL & NET WORTH MANAGEMENTS DISCUSSION & ANALYSIS:

3.1. Ðß¼ßßÆ Ìß¼ßßÞ ÐßßÀ¢ßã 6: Ðß~Éß Ìß¼ßßßëÝ ~ß ßë¥ßËßßÀ ËßßãÃ~À¢ß

(Á. ~ÀíëñÊ ¼ßëÝ, µßÆà£ßÍß£ßíëÝ ~íë ¿íëñÊ~À)

3.1. Aggregate deposits Table 6: Area-wise classification of Aggregate deposits

(Rs. in crore, except for percentages)

2 Savings Bank Deposits 13437.78 22.70 4 Metro 28735.05 (25.38%) 48.53

3 Term Deposits 40647.87 68.66 5 TOTAL (1+2+3+4) 59201.51 (20.04%) 100

Area-wise distribution of aggregate deposits (total deposits less

3.2 Advances 3.2.1.2. An amount of Rs.746.19 crore was waived under

3.2.1.1. The Banks priority sector lending increased to

Æ~¼ß ÍßßÛßßßëÝ ÀßàÍß ä~Éß ~ß %

Lending to agriculture under priority sector increased to Rs.

Sl. No. Category of branches Amount % to total

4.4. ¹ßÆâÝì Êß ßìÀ ~¼¾ßæà²ßì~Íß²Ðß 4.6 ²ßëÖËßÃ~ àËßÐ£ßßÀ

¹ßìÝ~ ²ßë Ðß¼ßÐß ÉßÖÃÐß ËßÞ ÞÖÀ²ßëÖ ¹ßìÝâ~ß µßÆßÀÞºß à~¾ßß.

signed an agreement with Hewlett Packard (HP) India

5.4. Asset Quality Management 5.6. Inspection and Audit

5.9 Ðßæ½ß²ßß ~ß à±ß~ßÀ à±ßà²ß¾ß¼ß ~ß µßßÉß²ß 5.11.2 µßÆàÍßß¢ß

5.11.5 ÛßëÉß 5.13 Ðß£ßÃ~£ßß

ªè~£ßë à²ß§ëÍßª~ ¼ßÞÊÉß ª~ã ßëÀ Ðßë,

Ð¦ßß²ß : Ñì§Àß¹ßß§ (ßÀ.Ðß.ÀëÊÊò ã)

Place: Hyderabad ( R.S. Reddy )

S.No. Name of the entity Country of Incorporation Proportion of ownership

* Subject to RBI approval.

4. CREDIT RISK: GENERAL DISCLOSURES

S.No. Industry Ceilings Ceiling Actual Exposure

1 Textiles 9.00 3782.43 1614.73 3.84

Note: Total advances as on 31.12.2008 are Rs.42,026.99 crores.

1 Textiles 8.00 626.69 126.10 1.61

3 Power 9.00 705.03 465.66 5.94

4 Engineering (Heavy & Light) 10.00 783.37 618.72 7.90

5 Diamonds, Gems & Jewellery 1.00 78.34 15.59 0.20

6 Rice Mills 2.00 156.67 57.64 0.74

7 Sugar 4.00 313.35 193.90 2.47

8 Drugs & Pharmaceuticals 6.00 470.02 234.87 2.99

9 Tobacco 0.50 39.17 23.80 0.30

10 Cement & Cement Products 0.50 39.17 82.10 1.05

11 Distilleries 0.50 39.17 2.07 0.03

12 Iron & Steel 12.00 940.04 729.22 9.31

13 Construction & Contractors 50.00 3916.84 3293.36 42.04

14 Software 1.00 78.34 13.30 0.17

15 Total Commercial Real Estate 4.00 313.34 141.89 1.81

A) Commercial Real Estate

B) Hospitals 1.50 117.51 63.78 0.81

C) Hotels 0.50 39.17 4.95 0.06

D) Educational Institutions 1.00 78.34 37.62 0.48

4.8. ²ßÌßÃ~ ßàÐ£ß¾ßíëÝ (²ß µßã ) ë~ µßÆËß±ßß²ßíëÝ ¼ßëÝ µßàÀËß£ßÃ²ß :

Total 44139.26 16911.11 380.07

4.7. AMOUNT OF GROSS NPAS & PROVISIONS HELD FOR NPAs:

Category NPA Provision NPA Provision

Sub-Std 135.10 54.71 135.10 55.30

Doubtful 222.18 172.92 222.18 222.18

Doubtful-1 73.36 60.70 73.36 73.36

Doubtful-2 140.95 104.35 140.95 140.95

Doubtful-3 7.87 7.87 7.87 7.87

Loss 10.86 10.86 10.86 10.86

Total 368.14 238.49 368.14 288.34

4.8. MOVEMENT OF PROVISIONS FOR NPAs:

ÉßëÛßß µßÀãß~~ Auditors ÀàÌßÐÖÅßÀ Ëß Íßë¾ßÀ Þ£ßÀ¢ß ÌßëÖÝ

Öã¾ßÀ-1 µßæïÌßã 8.54 8.67 1.1. ¨Ãà¬ËßÖã ¼ßßë~Ã Ö

3. CAPITAL & NET WORTH MANAGEMENTS DISCUSSION & ANALYSIS:

3.1. Ðß¼ßßÆ Ìß¼ßßÞ ÐßßÀ¢ßã 6: Ðß~Éß Ìß¼ßßßëÝ ~ß ßë¥ßËßßÀ ËßßãÃ~À¢ß

(Á. ~ÀíëñÊ ¼ßëÝ, µßÆà£ßÍß£ßíëÝ ~íë ¿íëñÊ~À)

3.2.1.1. The Banks priority sector lending increased to

Æ~¼ß ÍßßÛßßßëÝ ÀßàÍß ä~Éß ~ß %

4.4. ¹ßÆâÝì Êß ßìÀ ~¼¾ßæà²ßì~Íß²Ðß 4.6 ²ßëÖËßÃ~ àËßÐ£ßßÀ

¹ßìÝ~ ²ßë Ðß¼ßÐß ÉßÖÃÐß ËßÞ ÞÖÀ²ßëÖ ¹ßìÝâ~ß µßÆßÀÞºß à~¾ßß.

5.9 Ðßæ½ß²ßß ~ß à±ß~ßÀ à±ßà²ß¾ß¼ß ~ß µßßÉß²ß 5.11.2 µßÆàÍßß¢ß

5.11.5 ÛßëÉß 5.13 Ðß£ßÃ~£ßß

ªè~£ßë à²ß§ëÍßª~ ¼ßÞÊÉß ª~ã ßëÀ Ðßë,

Ð¦ßß²ß : Ñì§Àß¹ßß§ (ßÀ.Ðß.ÀëÊÊò ã)

4.8. ²ßÌßÃ~ ßàÐ£ß¾ßíëÝ (²ß µßã ) ë~ µßÆËß±ßß²ßíëÝ ¼ßëÝ µßàÀËß£ßÃ²ß :

²ß µßã ¼ßëÝ µßàÀËß£ßÃ²ß (à²ßËßÉß) 2008-09 2007-08

5.2. µßàÀ¼ßß¢ßß£¼ß~ µßÆ~Öã~À¢ß :

6. CREDIT RISK MITIGATION STANDARDIZED APPROACH:

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7. µßÆà£ßºßæà£ß~À¢ß ¼ßß²ß~ãè~£ß §èàÏÖ~íë¢ß :

7. SECURITISATION STANDARDIZED APPROACH:

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3.2 ¹ßíëÊÃ ª~ã ÉßëÛßß µßÀãßß Ðßà¼ßà£ß

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