dm{fH$ [anmoQ>

2014-2015
ANNUAL REPORT

1
 dm{fH$ [anmoQ> 2014-2015 ANNUAL REPORT 2014-2015
uwruxi CONTENTS
1. NOTICE 3
1. lOx 3
2. PROGRESS AT A GLANCE 15
2. mai M LM fsM 15
3. DIRECTORS REPORT 2014-2015 16
3. lSzM M UmO 2014-2015 16 MANAGEMENT DISCUSSION AND ANALYSIS 17
mokl ucU-uqz u uzswh 17 CANARA BANK IN 2014-2015 21

MlU oM uw 2014-2015 q 21 CHANGES IN THE BOARD OF DIRECTORS 66

DIRECTORS RESPONSIBILITY STATEMENT 68
lSzM qQs q mUuil 66
4. BUSINESS RESPONSIBILITY REPORT 69
lSzM M Sriu uur 68 5. REPORT OF THE BOARD OF DIRECTORS ON
4. MUoU EUSriu UmO 69 CORPORATE GOVERNANCE 94
6. AUDITORS CERTIFICATE ON CORPORATE
5. MmUO aullx mU lSzM qQs M UmO 94 GOVERNANCE 117
6. MmUO aullx mU sZmUM M UmO 117 7. STANDALONE FINANCIAL STATEMENTS

7. LMs ur uuUh AUDITORS REPORT 119

BALANCE SHEET 123
sZ mUM M UmO 119
PROFIT AND LOSS ACCOUNT 124
isl m 123
SCHEDULES FORMING PART OF THE
sp u Wl Zi 124 BALANCE SHEET 125
isl m M Az ollus Alxcr 125 SCHEDULES FORMING PART OF THE
sp u Wl Zi M Az ollus Alxcr 133 PROFIT AND LOSS ACCOUNT 133
sZMl lir 135 ACCOUNTING POLICIES 135
sZ xok Ommhr 144 NOTES ON ACCOUNTS 144
xip 3 (oxs II) mMOl 198 PILLAR 3 (BASEL II) DISCLOSURES 198
xip 3 (oxs III) mMOl 238 PILLAR 3 (BASEL III) DISCLOSURES 238
lMS muW uuUh 341 CASH FLOW STATEMENT 341
8. CONSOLIDATED FINANCIAL STATEMENTS
8. xqMi ur uuUh
AUDITORS REPORT 344
sZmUM M UmO 344
CONSOLIDATED BALANCE SHEET 348
xqMi isl m 348
CONSOLIDATED PROFIT AND LOSS ACCOUNT 349
xqMi sp u Wl Zi 349
SCHEDULES FORMING PART OF THE
xqMi isl m M Az ollus Alxcr 351 CONSOLIDATED BALANCE SHEET 351
xqMi sp u Wl Zi M Az SCHEDULES FORMING PART OF THE
ollus Alxcr 357 CONSOLIDATED PROFIT AND LOSS ACCOUNT 357
sZMl lir 359 ACCOUNTING POLICIES 359
NOTES ON ACCOUNTS ON THE CONSOLIDATED
xqMi ur uuUh mU sZ xok Ommhr 372 FINANCIAL STATEMENTS 372
xqMi lMS muW uuUh 388 CONSOLIDATED CASH FLOW STATEMENT 388
9. mok lSzM AU xDA M zrUkUM M xokl 390 9. MANAGING DIRECTOR AND CEOs ADDRESS
TO SHARE HOLDERS 390
10. lmaU (Qm) xu MlS M xc 391
10. LIST OF DP SERVICE CENTRES 392
11. Emxji mc xW muz mx 395 11. ATTENDANCE SLIP CUM ENTRY PASS 396
12. mYx Tq 397 12. PROXY FORM 398

2
lOx
LiU lOx Sr ei W M MlU oM M zrUkUM
M iUWu uwM xqlr oPM qasuU, 14 esD 2015 M
3.30 oe xpaW 1, lqWx, Muxl xOU, WxU ql UQ,
WqoaQ laU, oas 560 029 q Arei M eLa,
exM Ezr lqlMi MUoU M xcsl MUl W:
1. rj 31 qc 2015 M oM M sZmUi isl m, 31 qc
2015 M xqmi uw M sp u Wl sZ mU, isl m u
sZ mU sZ ij sZmUM M UmO U muUi Auk
M sL oM M Mr u rMsm M xok q lSzM
qQs M UmO mU cc AlqSl u AaMi MUl |
2. ur uw 2014 -15 M sL spz bwi MUl |
3. lqlMi uzw xMsm mU ucU MUl AU rS Eci mr
ar i xzkl xWi r UWi Ex mUi MUl:
xMsm sr ei W M
x M oMa Mml (Emq M Ael Lu
AiUh) Aklrq 1970 (Aklrq), UrMi oM (mokl
AU uuk mukl) rel, 1970 (rel) AU MlU oM
(zrU Lu oPM) ulrqus 2000 M mukl M AlxUh
q ij pUir Ueu oM ("AUoAD"), pUi xUMU
("eAAD"), pUir mipi ulqr oQ ("xo") AU/
r Cx xok q Ami Alr Mx mkMUh M AlqSl,
xWqi AU qeU M Akl Lu Lx AlqSl mSl MUl
M sL ElM U lkUi Lx zi AU El mU xzkl
M Akl AU elx oM M lSzM qQs xWqi W ij
pUir Ueu oM, xo AU mxaM Alr xp mkMUh
U xqr xqr mU lkUi ulrq Aji xo (me laql
AU mMOMUh AmL) ulrqus, 2009 (AD x Q
AU ulrqus)/SzlSz, rS MD W, M Akl oMa
ulrql Aklrq 1949, pUir mipi AU ulqr oQ
Aklrq 1992 AU xp Alr sa lrq ij xp xo
mkMU M Akl AkxclL / mUm AU xmMUh ij
El xOM LYxce M xj Mr ar xcMUh MUU M
Akl, eW oM M DYuO zrU M xcMUh Mr ar W
, LiS U oM M zrUkUM M xWqi, oM M lSzM
qQs (ex rW CxM oS "lSzM qQs" MW eLa,
ex Apur q, Cx xMsm U mS AkMU xWi
Aml AkMU M mra MUl Wi oQ U aPi M ar
NOTICE
Notice is hereby given that the Thirteenth Annual General
Meeting of the Shareholders of Canara Bank will be held on
Tuesday, the 14th July, 2015 at 3.30 P.M. at Auditorium-1,
NIMHANS CONVENTION CENTRE, Hosur Main Road,
Hombegowda Nagar, Bengaluru 560 029 , to transact the
following business:
1. To discuss, approve and adopt the Audited Balance Sheet
of the Bank as at 31st March 2015, Prot & Loss account
for the year ended 31st March 2015, 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.
2. To declare dividend for the nancial year 2014-15.
3. To consider and if thought t, to pass with or without
modications the following special resolution:
RESOLVED THAT pursuant to the provisions of the Banking
Companies (Acquisition and Transfer of Undertakings)
Act, 1970 (Act), The Nationalised Banks (Management
and Miscellaneous Provisions) Scheme, 1970 (Scheme)
and the Canara Bank (Shares and Meetings) Regulations,
2000 as amended from time to time and subject to the
approvals, consents, permissions and sanctions, if any,
of the Reserve Bank of India (RBI), the Government of
India (GOI), the Securities and Exchange Board of India
(SEBI), and/or any other authority as may be required
in this regard and subject to such terms, conditions and
modications thereto as may be prescribed by them in
granting such approvals and which may be agreed to
by the Board of Directors of the Bank and subject to the
regulations viz., SEBI (Issue of Capital and Disclosure
Requirements) Regulations, 2009 (ICDR Regulations) as
amended up to date, guidelines, if any, prescribed by
the RBI, SEBI, notications/circulars and clarications
under the Banking Regulation Act, 1949, Securities and
Exchange Board of India Act, 1992 and all other applicable
laws and all other relevant authorities from time to time
and subject to the Listing Agreements entered into with
the Stock Exchanges where the equity shares of the Bank
are listed, consent of the shareholders of the Bank be and
is hereby accorded to the Board of Directors of the Bank
(hereinafter called the Board which shall be deemed
to include any Committee which the Board may have
constituted or hereafter constitute to exercise its powers
3
r Aa M elus MD xqi p zqs W) M S ei
W M ( Czr M Lx Wxx M m/mixmk AkU mU
AU rj Alqi urr M hr M sL AUi MUl
M mukl xWi) mxiu M Sxiue / lrqus Aju
Lx Mx Alr Sxiue M eUL pUir Ueu oM U
lqi SzlSz M AlxU xii r zkr r Azkr,
Lx Akql zrU M mirM ua M, Cx mMU M Akql
zrU M mirM ua M eU ML el M xq M AU
El zi Lu lokl elM Akl Akql zrU M mirM
ua eU ML e xMi W ij / r Alr Alqi mipir
e DYuO q AiUh M sL xq W, `1500 MUQ iM
(rj oQ r oQ M xqi U lkUilxU) e uiql
`515.20 MUQ M cMi DYuO zrU me M xj oMa
Mml (Emq M AkaWh u AiUh ) Aklrq 1970 M
kU 3 (2L) M AlxU oM M lkUi mkMi me xq
3000 MUQ M piU Wa r Mx xzkl (rS MD W)
`3000
M AlxU mkMi me M xuki q iM ex puwr
q Cx mMU Aklrqi Mr e xMi W M MlS xUMU
M mx Wqz oM M cMi me 52% x Mq lW Wa,
exq LM r AkM xSxr, oM M MqcUr, pUir
laUM, Alux pUir ("LlAUAD") Mmlr, le r
xuelM, luz xxjA, xxCOr, lrx, Alxkl
xaPl, AW xxjai ZUSU ("Yr AD o") ex oM,
ur xxjL, pUir qrcrAs TQ, ucU MmOs TQ,
uSz ucU MmOs luzM, Uer AaM uMx laq,
oq Mmlr, puwr lkr, mlzl TQ, uMx ur
xxjA, uSz xxjai luzM ("LTADAD") r Alr
CMCr, mkMUh Aju qeS ulrq / SzlSz M
AlxU oM M DMuO zrU q luz MUl M sL mkMi
Mx Alr h M luzMiA r oM U Eci xqf aL
iUM x Clq x Mx M qh W, oeU qsr mU o r
mqrq xWi Wa'' |
Aa xMsm sr ei W M Lx Czr, mxiu r AoOl,
Aa
AiU AoOl M uMsm xWi r UWi xuelM Czr,
xkMU Czr, MqcU xOM r rel, le msxqO /
AWimmi xxjai xjll r pUi xUMU / pUir Ueu
including the powers conferred by this Resolution) to
create, offer, issue and allot (including with provision for
reservation on rm allotment and/or competitive basis
of such part of issue and for such categories of persons
as may be permitted by the law then applicable) by
way of an offer document / prospectus or such other
document, in India or abroad, such number of equity
shares and / or preference shares (whether cumulative or
not; convertible into equity shares or not) in accordance
with the guidelines framed by RBI from time to time,
specifying the class of preference shares, the extent of
issue of each class of such preference shares, whether
perpetual or redeemable, the terms & conditions subject
to which each class of preference shares may be issued
and / or other permitted securities which are capable of
being converted into equity or not, upto `1500 Crore (as
decided by the Board or Committee of the Board of the
Bank) which together with the existing Paid-up Equity
share capital of `515.20 Crore will be within `3000 Crore,
being the ceiling in the Authorised Capital of the Bank as
per section 3 (2A) of the Banking Companies (Acquisition
and Transfer of Undertakings) Act, 1970 or to the extent
of enhanced Authorised Capital as per the Amendment
(if any ), that may be made to the Act in future, in such a
way that the Central Government shall at all times hold
not less than 52% of the paid-up Equity capital of the
Bank, whether at a discount or premium to the market
price, in one or more tranches, including to one or more
of the members, employees of the Bank, Indian nationals,
Non-Resident Indians (NRIs), Companies, private or
public, investment institutions, Societies, Trusts, Research
organisations, Qualied Institutional Buyers (QIBs) like
Foreign Institutional Investors (FIIs), Banks, Financial
Institutions, Indian Mutual Funds, Venture Capital
Funds, Foreign Venture Capital Investors, State Industrial
Development Corporations, Insurance Companies,
Provident Funds, Pension Funds, Development Financial
Institutions or other entities, authorities or any other
category of investors which are authorized to invest in
equity/preference shares/securities of the Bank as per
extant regulations/guidelines or any combination of the
above as may be deemed appropriate by the Bank.
RESOLVED FURTHER THAT such issue, offer or allotment
shall be by way of Follow on public issue, rights issue,
Private Placement / Qualied Institutional Placement
(QIP) or any other mode approved by GOI/RBI, with or
4
oM U AlqSi MD Alr mr M eUL Wa AU Lx
mxiu, Czr, msxqO AU AoOl, oMMU Mml (Emq
M Ael Lu AiUh) Aklrq 1970 M mukl, xo
(me laql AU mMOMUh AmL) ulrqus 2009
(ADxQAU ulrqus) Lu pUir Ueu oM, xo r
Alr Mx rj sa mkMUh U Lx xqr mU AU Lx
iUM AU Lx zi mU Mr eL e lSzM qQs Aml
mU uuMkMU M iWi Eci xqf |
Aa xMsm sr ei W M eW AuzrM W sQ mokM
AU / r WqSU AU Alr xsWMU x mUqz MUl M oS
r oQ M Lx zi u lokl M AlxU AD x Q AU
ulrqus, Alr lrqus M zi M AlxU AU Alr
xp sa lrq ulrqus AU SzlSz M Akl Lx
luzM e oM M uql xSxr W r l W M sL Aml
xmh uuM x qsr lkUi MUl M oU q lhr sl M
AkMU oQ r Cx Ezr M sL aPi oQ M xqi M
Wa e AD x Q AU lrqus M xo mukl M
AlxU lkUi qsr x Mq qsr l W |''
Aa xMsm sr ei W M iixok xOM LYxce
Aa
M xj ML aL xcMUh M xqfi M mukl M
AlxU, oMa Mml (Emq M Ael Lu AiUh)
Aklrq 1970, MlU oM (zrU AU oPM) ulrqus
2000 M mukl, AD x Q AU lrqus M mukl,
uSz qS mokl Aklrq 1999 M mukl u uSz qS
mokl (pUi M oWU lux MUl us ur U mipi M
AiUh r laq) ulrqus 2000 M mukl ij pUir
mipi Lu ulqr oQ (xo), xOM LYxce, pUir
Ueu oM (AU.o.AD ), uSz luz xukl oQ (LT AD
m o), AaM li Lu xukl upa, uher qsr
(Q AD m m) Lu Cx xok q Ami Alr xp mkMU
(elW CxM oS x xqWM m x "xqci mkMU"
MW eLa ) M Ami AlqSl, xWqi, Alqi AU r/
qeUr M Akl Lu Clq x Mx M p U Mx p Lx
AlqSl, xWqi, Alqi AU / r qeU (ex CxM oS
"Ami AlqSl" MW eLa) AS mSl MUi xqr Clq
x Mx M p U Cx mMU M lkUi zi M Akl
oQ Aml xmh uuMkMU M iWi LM r AkM Az
q, xqr-xqr mU Akm M NQMU DYuO zrU r Alr
mipir e oS M ij q DYuO zrU q mUuilr
without over-allotment option and that such offer, issue,
placement and allotment be made as per the provisions
of the Banking Companies (Acquisition and Transfer of
Undertakings) Act, 1970, the SEBI (Issue of Capital and
Disclosure Requirements) Regulations, 2009 (ICDR
Regulations) and all other guidelines issued by the RBI,
SEBI and any other authority as applicable, and at such
time or times in such manner and on such terms and
conditions as the Board may, in its absolute discretion,
think t.
RESOLVED FURTHER THAT Board shall have the authority
to decide, at such price or prices in such manner and
where necessary, in consultation with the lead managers
and /or underwriters and /or other advisors or otherwise
on such terms and conditions as the Board may, in its
absolute discretion, decide in terms of ICDR Regulations,
other regulations and any and all other applicable laws,
rules, regulations and guidelines, whether or not such
investor(s) are existing members of the Bank, at a price
not less than the price as determined in accordance with
relevant provisions of ICDR Regulations.
RESOLVED FURTHER THAT in accordance with the
provisions of the Listing Agreements entered into with
relevant stock exchanges, the provisions of Banking
Companies (Acquisition and Transfer of Undertakings)
Act, 1970, the provisions of the Canara Bank (Shares
and Meetings) Regulations, 2000, the provisions of ICDR
Regulations, the provisions of the Foreign Exchange
Management Act, 1999 and the Foreign Exchange
Management (Transfer or Issue of Security by a Person
Resident Outside India) Regulations, 2000, and subject
to requisite approvals, consents, permissions and/
or sanctions of Securities and Exchange Board of
India (SEBI), Stock Exchanges, Reserve Bank of India
(RBI), Foreign Investment Promotion Board (FIPB),
Department of Industrial Policy and Promotion, Ministry
of Commerce (DIPP) and all other authorities as may
be required (hereinafter collectively referred to as the
Appropriate Authorities) and subject to such conditions
as may be prescribed by any of them while granting any
such approval, consent, permission, and/or sanction
(hereinafter referred to as the requisite approvals) the
Board, may at its absolute discretion, issue, offer and
allot, from time to time in one or more tranches, equity
shares or any securities other than warrants, which are
convertible into or exchangeable with equity shares at a
5
 r CxM xj ulqr rar W, Cx mMU eU, mxii r
AoOi MU xMi W M m xxjai lrel M AlxUh
q ex M AD x Q AU ulrqus M Akrr VIII M
iWi uruxj W, xjl lrel Sxiue AU / r Alr Mx
Sxiue/msZ/mUm/ml M qkrq x AU Cx iUM
x AU Cx mMU qsr, zi AU lokl ex M Ex xqr
mU mcsi AD x Q AU ulrqus r Mll M MlW
mukl M AlxU lkUi Mr ar W, m xxjai
ZUSU (Yr AD o) (ex M AD x Q AU ulrqus
q mUpwi W) M isl q MS xUMU Mx p xqr oM
M DYuO me M 52% x Mq kUi l MUi W |''
Aa xMsm sr ei W M m xxjai xjl lrel
M qqs q, AD x Q AU ulrqus M Akrr VIII M
AlxUh q
M. m xxjai ZUSU M W mipir M AoOl Wa e a) the allotment of Securities shall only be to Qualied
AD x Q AU ulrqus M Akrr VIII M Azr M
SrU q Wa AU Cx mMU M mipir mhimS Wa
AU Cx xMsm M ij x 12 qW M piU Cx mMU M
mipir M AoOl mU MU sr eLa |
Z. oM AD x Q AU ulrqus M ulrq 85(1)
M mukl M AlxU AkU qsr x Mq qsr mU, e
mc mizi x Mq l W, mU zrU AoOi MUl M sL
mkMi W |
a. AD x Q AU ulrqus M AlxU mipir M AkUi
qsr lkUh M xoki ij Wa |
Aa xMsm sr ei W M Aml AlqSl, xWqi,
Alqi Lu qeU mSl MUi xqr AU lSzM qQs U
xWqi WL AlxU, pUi xUMU/ pUir Ueu oM / xo /
xOM LYxce eW oM M zrU xco W r Alr xqci
mkMUh U mxiu q Ami r saL aL Mx xzkl
M xuMU MUl M lSzM qQs M mkMU Wa |
Aa xMsm sr ei W M Alux pUir / uSz
Aa
luzM urr AU r Alr m uSz luzM M lL
DYuO zrU / Akqlr zrU / mipir M eU AU
AoOi MUl, rS MD W, uSz qS mokl Aklrq
1999 M iWi pUir Ueu oM M AlqSl M Akl Wa
e Aklrq M iWi lkUi xqa xq M ASU Wa |
Aa xMsm sr ei W M eU Mr elus E
Aa
lL DYuO zrU rj xzki MlU oM (zrU Lu oPM)
ulrqus 2000 M Akl eU Mr eLa AU r oM
later date, in such a way that the Central Government at
any time holds not less than 52% of the Equity Capital
of the Bank, to Qualied Institutional Buyers (QIBs) (as
dened in the ICDR Regulations) pursuant to a qualied
institutional placement (QIP), as provided for under
Chapter VIII of the ICDR Regulations, through a placement
document and / or such other documents / writings /
circulars / memoranda and in such manner and on such
price, terms and conditions as may be determined by the
Board in accordance with the ICDR Regulations or other
provisions of the law as may be prevailing at that time
RESOLVED FURTHER THAT in case of a qualied
institutional placement pursuant to Chapter VIII of the
ICDR Regulations
Institutional Buyers within the meaning of Chapter
VIII of the ICDR Regulations, such Securities shall be
fully paid-up and the allotment of such Securities shall
be completed within 12 months from the date of this
resolution.
b) The Bank is, in pursuant to proviso to Regulation
85(1) of ICDR Regulations, authorized to offer shares
at a discount of not more than ve percent on the
oor price.
c) the relevant date for the determination of the oor price
of the securities shall be in accordance with the ICDR
Regulations.
RESOLVED FURTHER THAT the Board shall have the
authority and power to accept any modication in the
proposal as may be required or imposed by the GOI/
RBI/SEBI/Stock Exchanges where the shares of the Bank
are listed or such other appropriate authorities at the
time of according / granting their approvals, consents,
permissions and sanctions to issue, allotment and listing
thereof and as agreed to by the Board.
RESOLVED FURTHER THAT the issue and allotment of
new equity shares/preference shares/securities if any,
to NRIs, FIIs and/or other eligible foreign investors be
subject to the approval of the RBI under the Foreign
Exchange Management Act, 1999 as may be applicable
but within the overall limits set forth under the Act.
RESOLVED FURTHER THAT the said new equity shares to
be issued shall be subject to the Canara Bank (Shares and
Meetings) Regulations, 2000, as amended, and shall rank
6
M qeS DYuO zrU M xj xp Sr x xql Wa
AU bwh M xqr mcsi xukM SzlSz M AlxU
bwi Mr elus Mx p spz M sL m Wa |''
Aa xMsm sr ei W M Mx laq M mpu oll M
sL r CYuO zrU /Akql zrU /mipir M AuOi
MUl M sL xuelM mxiu M zi lkUi MUl Wi
exq luzM M ua elW mipir AuOi M el W,
mirM Zs q AoOi ML el us zrU /mipir,
laq qsr, laq mU Mxi M Uz elW oQ Aml mh
uuMkMU M iWi Eci xqf Lu Cx mMU M Mr,
qqs AU ce AU Lx usZ, Sxiue u MUU lwmSi
MUl ex u Aml mh uuMkMU M iWi AuzrM, Eci
r uNi xqf ij xuelM mxiu, laq,AoOl AU
laq x mmi Ar M Emra M xok q Mx mMU M
xus, MPlD r xSW e Eim Wi W AU Lx Azkl,
oSsu, piA, mUuil, Amqel, xukl, xok zi
M mpu oll M sL e M uW Aml mh uuMkMU M
Akl xukM Wi q Emr AU xqci xqf, xSxr
x Aa ol Alr Mx AlqSl M Am M Cx xMsm
M U oM AU oQ M mS xp r Mx z M mra
oQ U Mr e xMi W |
Aa xMsm sr ei W M oQ M Mx p sQ
mokM/oMU/ WqSU/ lmaU Lu Cx mMU M
xp Lelxr x e Cx mMU M CYuO/Akql zrU/
mipir M mxiu q zqs r xoki W, M xj Cx
mMU M xqfi MUl Lu CxM mh lwmSl M ij Cx
mMU M xp xxjA Lu Lexr M Mqzl, Sss,
zsM r Alr Lx U mUqM Sl ij Lx Lexr M
xj Lx xp MUU, ml, Sxiue AS lwmSi MUl M
sL LiS U mkMi Mr ei W |
Aa xMsm sr ei W M Emr M mpu oll M
sL lSzM qQs M, oM U lr sQ mokM, WqSU,
xsWMU AU/r Alr urr M xj mUqz MUM, el
luzM M zrU AoOi Mr el W ElM ua, mirM
Zs q AoOi Mr elus zrU, laq qsr (rS
MD W i, mqrq xWi), AMi qsr, laq mU Mxi
M Uz/mipir M miUh/Akm M mra/mipir
M zkl, ore M SU, zkl Auk, DYuO zrU/Akql
zrU r mipir M miUh r zkl r lUxl M oS
in all respects pari passu with the existing equity shares
of the Bank and shall be entitled to dividend declared, if
any, in accordance with the statutory guidelines that are
in force at the time of such declaration.
RESOLVED FURTHER THAT for the purpose of giving effect
to any issue or allotment of equity shares/preference
shares/securities, the Board be and is hereby authorized
to determine the terms of the public offer, including
the class of investors to whom the securities are to be
allotted, the number of shares/securities to be allotted
in each tranche, issue price, premium amount on issue
as the Board in its absolute discretion deems t and do
all such acts, deeds, matters and things and execute such
deeds, documents and agreements, as they may, in its
absolute discretion, deem necessary, proper or desirable,
and to settle or give instructions or directions for settling
any questions, difculties or doubts that may arise in
regard to the public offer, issue, allotment and utilization
of the issue proceeds, and to accept and to give effect
to such modications, changes, variations, alterations,
deletions, additions as regards the terms and conditions,
as it may, in its absolute discretion, deem t and proper
in the best interest of the Bank, without requiring any
further approval of the members and that all or any of
the powers conferred on the Bank and the Board vide
this resolution may be exercised by the Board.
RESOLVED FURTHER THAT the Board be and is
hereby authorized to enter into and execute all such
arrangements with any Book Runner(s), Lead Manager(s),
Banker(s), Underwriter(s), Depository(ies), Registrar(s),
Auditor(s) and all such agencies as may be involved or
concerned in such offering of equity / preference shares/
securities and to remunerate all such institutions and
agencies by way of commission, brokerage, fees or the like
and also to enter into and execute all such arrangements,
agreements, memoranda, documents, etc., with such
agencies.
RESOLVED FURTHER THAT for the purpose of giving effect
to the above, the Board, in consultation with the Lead
Managers, Underwriters, Advisors and/or other persons
as appointed by the Bank, be and is hereby authorized to
determine the form and terms of the issue(s), including
the class of investors to whom the shares/securities are
to be allotted, number of shares/securities to be allotted
in each tranche, issue price (including premium, if any),
face value, premium amount on issue/conversion of
Securities/exercise of warrants/redemption of Securities,
7
 Alr mipir, laq M qsr, Mxi r o/mipir M
miUh, ore M SU, miUh M Auk, UMQ iUZ r
oW xqml ij xoki qqs, pUi q LM r AlM xOM
mU o, UMQ iUZ r oW xqml ij xoki qqs,
pUi q LM r AlM xOM LYxce q xcMUh xWi
lSzM qQs Aml mh uuMkMU M iWi ex Eci
xqf, Czr M xum Lu zi M lkUi MUl M sL
LiS U mkMi Mr ei W |
Aa xMsm sr ei W M ApSl l ML aL Lx zrU/
mipir M, lSzM qQs U Aml xmh uuMkMU M
Akl Lx iUM x lmOl Mr eLa, e uW Eci xqf
AU uk U Alqi W |
Aa xMsm sr ei W M Cx xMsm M mpu oll M
Aa
sL lSzM qQs M Lx xp Mr, qqs AU ce MUl,
elW u AuzrM, Eci Lu uNlr xqf AU DYuO
zrU/mipir M eU MUl M xok q Eim Wlus
Mx p mzl, M r zM M xqkl MUl M sL W
AU Aa Lx xp Mr, qqs AU ce MUl ij Lx
xp msZ Lu sZi M Aiq m Sl AU lwmSi MUl
M sL mkMi Mr ei W, e zrUkUM M AiU
xWqi Aju AlqSl qa oaU ElM uuMkMU M iWi
eU, uNi Lu Alur xqf Aju Cx Azr x ElM
mkMi Mr ei W M Cx xMsm M mkMU U xm
m x Apur AlxU zrUkUM l Aml AlqSl S Sr
W, Lx ql eLa |
Aa xMsm sr ei W M lSzM qQs M, E
Aa
xMsm M mpu oll M sL CxM eUL Sr ar xp
r Mx p AkMU M oM M Akr r mok lSzM
u qZr MrMU AkMU Aju MrmsM lSzM/M
r lSzM M xqi r Lx Alr AkMU/(Ur) M
mirrei MUl M sL LiS U mkMi Mr ei W |
lSzM qQs M ASz U
(mok lSzM u qZr MrMU AkMU-AiU mpU)
xjl : oas
SlM : 01-06-2015
rate of interest, redemption period, number of equity
shares/preference shares or other securities upon
conversion or redemption or cancellation of the Securities,
the price, premium or discount on issue/conversion of
Securities, rate of interest, period of conversion, xing
of record date or book closure and related or incidental
matters, listings on one or more stock exchanges in India
and/or abroad, as the Board in its absolute discretion
deems t.
RESOLVED FURTHER THAT such of these shares /
securities as are not subscribed may be disposed off by
the Board in its absolute discretion in such manner, as
the Board may deem t and as permissible by law.
RESOLVED FURTHER THAT for the purpose of giving
effect to this Resolution, the Board be and is hereby
authorised to do all such acts, deeds, matters and things
as it may in its absolute discretion deems necessary,
proper and desirable and to settle any question, difculty
or doubt that may arise in regard to the issue of the
shares/securities and further to do all such acts, deeds,
matters and things, nalise and execute all documents
and writings as may be necessary, desirable or expedient
as it may in its absolute discretion deem t, proper or
desirable without being required to seek any further
consent or approval of the shareholders or authorise
to the end and intent, that the shareholders shall be
deemed to have given their approval thereto expressly by
the authority of the Resolution.
RESOLVED FURTHER THAT the Board be and is hereby
authorized to delegate all or any of the powers herein
conferred to the Chairman or to the Managing Director
&CEO or to the Executive Director/(s) or to Committee
of Directors or such other ofcer(s) to give effect to the
aforesaid Resolutions.
By Order of the Board of Directors
mql xW Uui PRADYUMAN SINGH RAWAT
MrmsM lSzM EXECUTIVE DIRECTOR
(Additional Charge as MD & CEO)
Place : Bengaluru
Date : 01-06-2015
8
Ommhr
1. urZriqM uur :
mS me eOl AU lSzM M clu M xok q lOx
M qS xZr 3 M oU q uxiuM ijr M Szlus
urZriqM uur lc Sr ar W |
2. mYx M lr :
oPM q pa sl u qiSl M AkMU UZlus zrUkUM
M Aml xjl mU oPM q pa sl u qiSl MUl Wi
mYx M lr MUl M AkMU W AU Lx mYx oM
M zrUkUM Wl AuzrM lW W | mYx Tq M mpu
Wl M sL Ex uwM Aq oPM M iUZ M xqmi x
Mq x Mq 4 Sl mWs Aji auU, 09 esD 2015 M
r Exx mWs oM M mkl Mrsr q eq / Se Mr
eL |
3. mkMi milk M lr :
oM M zrUkUM Mml r Alr Mx p MmUO lMr
M ukui mkMi milk M m q oPM q pa sl u
qi Sl M AkMU Mx ur M Mus ip Wa eo Ex
ukui m x mkMi milk M m q lr MUlus
xMsm M mi, ex oPM q u xMsm mUi Mr ar j
ExM Akr U mqhMi xir mism M m q, oPM
M iUZ x Mq x Mq cU Sl mWs Aji auU, 09
esD, 2015 M r uW Sl xqmi Wl x mWs oM M
mkl Mrsr q eq MUl Wa |
4. meMUh :
oPM q pa s UW zrUkUM M xuk M sL meMUh
mMr oPM xjl q SlM 14 esD 2015 M AmU
02.30 oe x z Wa | zrUkUM x AlUk W M
meMUh AmcUMiL mU MUl M sL oPM q xqr x
mu Emxji UW |
5. Emxji mc :
zrUkUM M xuk M sL Emxji mc - xW
mu mx M Cx lOx M xj xsal Mr ar
W | zrUkUM / mYxkUM / mkMi milkr x
NOTES
1. EXPLANATORY STATEMENT:
The Explanatory Statement setting out the material
facts in respect of Item No. 3 of the Notice regarding
Raising of Paid up Capital is annexed below.
2. APPOINTMENT OF PROXY:
A SHAREHOLDER ENTITLED TO ATTEND AND VOTE AT
THE MEETING IS ENTITLED TO APPOINT A PROXY TO
ATTEND AND VOTE INSTEAD OF HIMSELF AND SUCH
PROXY NEED NOT BE A SHAREHOLDER OF THE BANK.
The Proxy Form in order to be effective must be
lodged at the Head Ofce of the Bank, at least Four
days before the date of the Annual General Meeting
i.e. on or before the closing hours of the Bank on
Thursday, the 09th July, 2015.
3. APPOINTMENT OF AN AUTHORISED REPRESENTATIVE:
No person shall be entitled to attend or vote at
the meeting as a duly authorized representative
of a company or any other Body Corporate which
is a shareholder of the Bank, unless a copy of the
Resolution appointing him/her as a duly authorized
representative, certied to be true copy by the
Chairman of the meeting at which it was passed,
shall have been deposited at the Head Ofce of the
Bank at least four days before the date of the Annual
General Meeting, i.e. on or before the closing hours
of the Bank on Thursday, the 09th July, 2015.
4. REGISTRATION :
In order to facilitate the shareholders attending
the meeting, Registration process will commence
from 2.30 p.m. on Tuesday, the 14th July, 2015. at the
venue. Shareholders are requested to be present
for the meeting well in advance, to complete the
Registration formalities.
5. ATTENDANCE SLIP:
For the convenience of the shareholders, attendance
slip-cum-entry pass is annexed to this notice.
Shareholders / Proxy Holders / Authorised
Representatives are requested to ll in, afx their
9
 AlUk W M u Cx pU u Exq Emsok MUL aL xjl
mU Aml WxiU MU u Ex EmU xjl mU mxii
MU | zrUkUM M mYx / mkMi milk "mYx"
r "mkMi milk" ex p qqs W ExM EssZ
Emxji mc q MU | zrUkUM / mYxkUM / mkMi
milk lO MU M oPM q muz, eW AuzrM W,
xirml / ec M Akl Wa AU ElW xcl S ei W
M u Aml xj mWcl M qlr xoi sL qxsl - qiSi
mWcl MQ / lr mWcl MQ / ml MQ / mxmO
/ QCua sCxx AS | oPM xjl q muz M Alqi
Mus Emxji uk mc - xW - mu mx M AkU mU
S era |
6. zrU AiUhMi LeO M xj xmM :
piM m q zrU M kUh MUl us zrUkUM x
AlUk W M rS ElM meMi mi q MD mUuil W i
u ExM xcl oM M zrU AiUhMi LeO M lqlMi
mi mU S |
Mu MmrOUzrU mCuO sqOQ
rlO : MlU oM
Mu xslrq OuU o, msO xZr 31-32,
acous, llMUqaQ ur es,
WSUoS- 500 032
Aa, zrUkUM M xci Mr ei W M u Aml D-qs
mi zrU AiUhMi LeO (Emr mi mU) r oM M
hosecretarial@canarabank.com mU xci / meMi MU |
upiM m q zrU M kUh MUl us zrUkUM x
AlUk W M Mus Aml lmaU mipar M Emr
mUuil xci MU |
7. oWr M oS MUl :
oM M zrUkUM M UexOU ij zrU AiUh oWr M uwM
xqlr oPM ij oM U bwi clu q pa sl Lu spz
M mmi M WMSU zrUkUM M lkUh MUl Wi zluU,
27 el 2015 x 14 esD 2015, qasuU iM (Sl Sl
xWi ) oS UZ eLa |
signatures at the space provided therein, and
surrender the same at the venue. Proxy/Authorised
Representative of a shareholder should state
on the attendance slip as Proxy or Authorised
Representative as the case may be. Shareholders
/ Proxy holders / Authorised Representatives may
note that the admission to the meeting will be
subject to verication / checks, as may be deemed
necessary and they are advised to carry valid proof of
identity viz., Voters ID Card / Employer Identity Card
/ Pan Card / Passport / Driving license etc. Entry to
the venue will be permitted only on the basis of valid
Attendance Slip-cum-Entry Pass.
6. COMMUNICATION WITH THE SHARE TRANSFER
AGENTS:
Shareholders holding shares in physical form are
requested to intimate changes, if any, in their
Registered Addresses, to the Share Transfer Agents of
the Bank at the following address:
Karvy Computershare Pvt. Ltd
Unit : Canara Bank
Karvy Selenium Tower B, Plot No. 31-32
Gachibowli, Financial District, Nanakramguda
HYDERABAD 500 032
Further, the shareholders are advised to inform/
register their e-mail IDs either to the Share Transfer
Agents (at the above address) or to the Bank at
hosecretarial@canarabank.com.
Shareholders holding shares in dematerialised form
are requested to intimate the aforesaid changes /
e-mail IDs only to their depository participants.
7. CLOSURE OF BOOKS:
The Register of shareholders and the share transfer
books of the Bank will remain closed from Saturday,
the 27th June, 2015 to the Tuesday, the 14th July, 2015
(both days inclusive) in connection with the Annual
General Meeting and for the purpose of ascertaining
shareholders entitled to receive the dividend,
declared by the Bank.
10
8. spz M pail
il:
oQ l uw 2014-15 M sL `10.50 mi CYuO zrU
(105%) M spz M Alzx M W | El zrUkUM
M spz M pail MUl M lhr sr ar W elM
lq zrUkUM M UexOU r rj zuU, 26 el 2015
(ApsZ ij) M LlLxQLs / xQLxLs U mxi
mxii spj xuq UexOU q W AU Ex uwM Aq oPM
M iUZ x 30 Sl M piU pe/ spz Uz M eq
Mr eLa |
9. Tsr M xqMl:
El zrUkUM x, e lq M xqm q q LM x AkM
Zi q zrU UZi W, AlUk W M qxx Mu MmrOUzrU
mCuO sqOQ M El Zi M Zi oW M oU q
xci MU, xj q zrU mqhm p S iM oM U xp
kUh M LM Zi q xqMl Mr e xM| AuzrM mMl
MUl M oS xSxr M rjxqr zrU mqhm umx ML
eLa |
10. ASu spz, rS MD W i
el zrUkUM l Aml spz uUO M lMSMUh
lW Mr W / mNs Aukr rl uw 2007-08 x
2013-14 (Aiq) M spz mmi lW Mr W Elx AlUk
W M u mlqsrMl / Q msMO spz uUO eU MUl M
xok q oM M zrU AiUh LeO x xmM MU |
oM l zrU AiUhMi LeO / r oM M xj hosecretarial@
canarabank.com q Su MUl Wi zrUkUM M xq
oll M sL ASu / AmS spz uUO xok uuUh
ClM uoxCO www.canarabank.com q mxO Mr W |
oMa Mml (Emq M Ael Lu AiUh) Aklrq, 1970
q Aiu kU 10o M AlxU xi xs x pail l Mr
ar r Su l Mr ar spz M UMq M Mml Aklrq,
1956/2013 M kU 205x/125 M Aiai xjmi luzM
z Lu xUh lk (ADDmLT) q xjliUi Mr el
cWL| oM uw 2007-08 x Su l ML aL / AmS
spz M SlM 18 esD 2015 iM AiUh MUl M
mr q W |
8. PAYMENT OF DIVIDEND:
The Board has recommended a Dividend of ` 10.50
per equity share (105%) for the year 2014-15.It has
been decided to pay the dividend to the Shareholders
whose names appear on the Register of Shareholders
/ Benecial owners as furnished by NSDL/CDSL as
on Friday, the 26th June, 2015 (Record Date) and the
Dividend Warrants shall be dispatched/ Dividend
amount credited within 30 days from the date of the
Annual General Meeting.
9. CONSOLIDATION OF FOLIOS:
The shareholders who are holding shares in identical
order of names in more than one account are
requested to intimate M/s Karvy Computershare
Pvt. Ltd, the ledger folio of such accounts together
with the share certicates to enable the Bank to
consolidate all the holdings into one account. The
share certicates will be returned to the Shareholders
after making necessary endorsement in due course.
10. UNCLAIMED DIVIDEND, IF ANY
The shareholders who have not encashed their
Dividend Warrants / received dividend of previous
periods ie., for the years from 2007-08 to 2013-14
(Final), are requested to contact the Share Transfer
Agent of the Bank for revalidation / issue of duplicate
dividend warrants.
The Bank has posted the details of the Unclaimed
/ Unpaid Dividend Warrants on its site ie., www.
canarabank.com to enable the shareholders to claim
by contacting with the Share Transfer Agent / or with
the Bank at hosecretarial@canarabank.com.
As per Section 10B of the Banking Companies
(Acquisitions and Transfer of Undertakings) Act,
1970, the amount of dividend remaining unpaid or
unclaimed for a period of seven years is required to be
transferred to the Investor Education and Protection
Fund (IEPF) established by the Central Govt. under
section 205C/125 of the Companies Act, 1956/2013.
The Bank is in the process of transferring the
Unclaimed / Unpaid Dividend amount for the year
2007-08 to the said fund on 18th July, 2015.
11
11. uwM Um
UmO :
zrUkUM / milkiukUM / mkMi milkr x AlUk
W M u uwM Aq oPM q Ai xqr uwM UmO M
Aml mir s AL | Mmr lO MU M uwM UmO
M mh mi oM M uoxCO (www.canarabank.com)
mU AmsQ M aD W | zUrkUM ExM mPlr xxMUh
uoxCO x QElsQ MU xMi W |
12. zrUkUM M qiSl AkMU :
oMa Mml (Emq M Ael Lu AiUh) Aklrq 1970
M kU 3(2D) M mukl M AlxU, oM M Mx p
zrUkUM, xur MS xUMU M, Aml mx xji oM M
xqa zrUkUM M Ms qiSl AkMU M Sx mizi x
AkM zrU M xok q qiSl AkMU M mra lW MU
xMi W |
13. D-uOa :
oM M mxi W M uW oM M zrUkUM M lOx
q SL aL qS mU Aml qiSl CsYOlM m x MUl
q xq oll M sL D-uOa xuk Emsok MU UW
W | D-uOa M qkrq x qiSl MUl M xok q xp
zrUkUM M LM Asa xxcl/lOx pe e UW W |
14. oPM q qiSl :
Mrxc M xp qS mU cc Wl M oS Akr xp qS
M sL qiSl MUl M ASz Sa | Cx Ezr M sL lr
ML aL ecMiA U qiSl M Arel u mruh
Mr eLa | qiSl M lie M oS Akr oPM M
xqmi bwi MUa | D-uOa M lie M xj qiSl M
lie M bwh oM U ExM uoxCO mU M eLa ij
xOM LYxce M p xci Mr eLa |
lOx M qS xZr 3 q EssZi MUoU M xok q urZriqM
uur
1. oM M cs CYuO me `515.20 MUQ W ij rj 31
qc 2015 M oM M me mrmii Almi 10.56% W
AU pUir Ueu oM U lkUi 9% M isl q MT
AcN W | ijm uxiU MUl M oM M MN relA AU
oxs III qlSQ M Mrlurl AU mUhqxum me mpU
M AsM q me mrmii Almi M AU p oRl M
eUi W |
11. ANNUAL REPORT:
Shareholders / Proxy holders / Authorized
Representatives are requested to bring their copies
of the Annual Report to the Annual General Meeting.
Please note that the full copy of the Annual Report
is uploaded on the website of the Bank (www.
canarabank.com). Shareholders may download the
readable version of the same from the website.
12. VOTING RIGHTS OF SHAREHOLDERS:
In terms of the provisions of Section 3 (2E) of The
Banking Companies (Acquisition and Transfer of
Undertakings) Act, 1970 , no shareholder of the Bank,
other than the Central Government shall be entitled
to exercise voting rights in respect of any shares held
by him / her in excess of ten per cent of the total
voting rights of all the shareholders of the Bank.
13. e-VOTING:
The Bank is pleased to provide e-Voting facility to the
shareholders of the Bank to enable them to cast their
votes electronically on the items mentioned in the
notice. A separate communication / Notice is being
sent to all the shareholders to enable them to cast
their votes through e-Voting.
14. POLL AT THE MEETING:
After all the agenda items have been discussed,
the Chairman will order Poll in respect of all the
items. Poll will be conducted and supervised under
Scrutinizers to be appointed for the purpose. After
conclusion of the Poll, the Chairman may declare the
meeting as closed. The Results of the Poll aggregated
with the Results of e-Voting will be announced by the
Bank on its Website and also informed to the Stock
Exchanges.
EXPLANATORY STATEMENT IN RESPECT OF THE BUSINESS
MENTIONED AGAINST ITEM NO. 3 OF THE NOTICE:
1. The current Equity Capital of the Bank is `515.20
Crore and the Capital Adequacy Ratio of the Bank as
on March 31, 2015 is 10.56 %, which is well above the
9% stipulated by the Reserve Bank of India. However,
in view of certain expansion plans of the Bank, the
implementation of BASEL III norms and consequent
capital charge, there is a need to increase the capital
to further strengthen the Capital Adequacy Ratio.
12
2. Alqli u M AkU mU WqU lSzM l me oR l AU
oM M xqlr MUoU Ezr M sL me M Cxiqs ML
el M lhr sr W |
3. oMa Mml (Emq M Ael Lu AiUh) Aklrq 1970
M kU 3 (2o) (x) M AlxU cMi me oRl M sL
pUi xUMU, u qsr, pUir Ueu oM x Ami
mulql mmi MUa |
4. xcMUh MUUlq M kU 23 M Em kU (M) q mukl
W M oM U Aa eo Mp MD mxiu r laq Mr
ei W, rS zrUkUM xqlr oPM q Alrj lhr l s,
Ex rjlmi qeS zrUkUM M Emsok MUr eL | E
xMsm rS mUi W ei W i oM M AU x lSzM qQs
M qeS zrUkUM M rjlmi AkU mU laq M Asu
p mipi eU AU AoOi MUl Sr eLa |
5. rW xMsm, xuelM laq, xkMU laq, MqcU xOM
r rel (DLxmLx) r pUi xUMU / pUir Ueu oM
U AlqSi MD Alr mr U DYuO zrU / Akql
zrU / mipir mSl MUl, eU MUl Lu AoOi MUl
M sL oM M xqj olLa | Czr M Aaq Uz x oM
xqr xqr mU pUir Ueu oM U ulS AlxU me
mrmii xok Aml AmA M mU MU mLa |
6. rW xMsm, AD x Q AU ulrqus q mUpwi AlxU
AW xxjai ZUSU M rW AW xxjai msxqlO MUl
M sL lSzM qQs M AkMU Si W | lSzM qQs
Aml uuMkMU M Akl zrUkUM x lr AlqSl mmi
Mr oaU oM M sL lkr eOl Wi AD x Q AU
ulrqus M Akrr VIII q lkUi i M p Aml
xMi W |
AD x Q AU ulrq M Akrr VIII M AlxU Yr
AD m AkU mU mipir M laql "xo ij" M
muui S Wni M SUl xOM LYxce q ESki zWU M
xmiWM E AU lql Axi SU x Mq lW Wl us SU
mU Mr e xMi W | "xo ij" x iimr m A AD
m laq mU oQ r xqi M oPM Arei ij Wa |
7. AW xxjai ZUSU ("Yr AD o") M xj AW xxjai
lreM (YrADm) xWi up uMsm M iWi me
eOl M sL oM M 12u uwM xqlr oPM q xqlr
xp M AlqSl mmi Mr ar | SzlSz M AlxU Lx
2. Based on the growth estimates your Directors have
decided to raise capital and the enhanced capital will
be utilized for the general business purposes of the
Bank.
3. The Bank in terms of Section 3(2B)(c) of the Banking
Companies (Acquisition and Transfer of Undertaking)
Act, 1970, will obtain requisite approval of
Government of India, Ministry of Finance and Reserve
Bank of India for increasing the paid up capital of the
Bank.
4. Sub-Clause (a) of Clause 23 of Listing Agreement
provides that whenever any further issue or offer is
being made by the Bank, the existing shareholders
should be offered the same on pro rata basis unless
the shareholders in the general meeting decide
otherwise. The said resolution, if passed, shall have
the effect of allowing the Board on behalf of the Bank
to issue and allot the securities otherwise than on
pro-rata basis to the existing shareholders.
5. The Resolution seeks to enable the Bank to create,
offer, issue and allot equity shares/preference shares/
securities by way of Follow on Public offer, Rights
Issue, or any other mode approved by GOI/RBI. The
issue proceeds will enable the Bank to strengthen its
Capital Adequacy Requirements as specied by RBI
from time to time.
6. The Resolution further seeks to empower the Board
of Directors to undertake a qualied institutional
placement with qualied institutional buyers as
dened by ICDR Regulations. The Board of Directors
may in their discretion adopt this mechanism as
prescribed under Chapter VIII of the ICDR Regulations
for raising funds for the Bank, without seeking fresh
approval from the shareholders.
In case of a QIP issue in terms of Chapter VIII of
ICDR Regulations, issue of securities, on QIP basis,
can be made at a price not less than the average
of the weekly high and low of the closing prices of
the shares quoted on a stock exchange during the
two weeks preceding the Relevant Date. Relevant
Date shall mean the date of the meeting in which
the Board or Committee of the Bank decides to open
the QIP Issue.
7. The approval of the General Body at the 12th Annual
General Meeting of the bank for raising capital
under various options including QIPs with QIBs was
obtained. As per the guidelines, the validity of the
resolutions is restricted to one year for such QIPs.
13
 AW xxjai lreM (YrADm) M sL xMsm M uki
LM uw iM xqi UWa | pu AuzrMiA M qleU
(E mU 1 q uhilxU), xqlr oPM M AlqSl SoU
qa ei W |
8. mxiu M uxii zi M xsWMU, sQ mokM AU
WqSU Lu Lx Ami Alr mkMU Aju mkMUr
M xj mUqz MUM oeU M mcsi xji Lu
Alr ulrqM AmA mU ucU MUi WL lkUi Mr
eLa |
9. cM mxiu M qsrlkUh oS q Mp p Mr e xMi
W, eU Mr elus zrU M qsr oil xpu lW
W | Mi uW, xqr-xqr mU rj xzki AD x Q
AU ulrqus, oMa Mml (Emq M Ael u AiUh)
Aklrq 1970 AU MlU oM (zrU Lu oPM) ulrqus
2000 Aju Alr Mx SzlSz / ulrq / xWqi M
mukl M AlxU Wa eM sa W Aju Ami W |
10. E MUh x, Czr M zi M Aiq m Sl M sL
lSzM qQs M mrmi scsml Lu lhrkMU mSl
MUl M sL xqj oll Wi LM xMsm mUi MUl M
mxiu Mr ei W |
11.eU Mr ar DYuO zrU xp Sr x oM M qeS
DYuO zrU M xqisr Wa|
CxM sL oM M uzw xMsm M m q zrUkUM M xWqi
mmi MUl Wi W| Ai: Emr mxiu M sL AmM xWqi M
sL AlUk Mr ei W |
lSzM qQs lOx q ElxU uzw xMsm M mUi MUl
M sL xTUz MUi W |
oM M Mx p lSzM M EmU xMsm q MD Wi r
xok lW W, xur oM q ElM zrUkUh M WS iM, rS
MD W i|
(mok lSzM u qZr MrMU AkMU-AiU mpU)
xjl : oas
SlM : 01-06-2015
Keeping in view the future requirements (as denoted
in para 1 above), the approval of the General Body is
sought once again.
8. The detailed terms and conditions for the offer will be
determined in consultation with the Advisors, Lead
Managers and Underwriters and such other authority
or authorities as may be required, considering the
prevailing market conditions and other regulatory
requirements.
9. As the pricing of the offering cannot be decided
except at a later stage, it is not possible to state
the price of shares to be issued. However, the
same would be in accordance with the provisions
of the ICDR Regulations, the Banking Companies
(Acquisition and Transfer of Undertakings) Act,
1970 and the Canara Bank (Shares and Meetings)
Regulations, 2000 as amended from time to time or
any other guidelines/regulations/consents as may be
applicable or required.
10. For reasons aforesaid, an enabling resolution is
therefore proposed to be passed to give adequate
exibility and discretion to the Board to nalise the
terms of the issue.
11. The equity shares allotted, shall rank pari passu in all
respects with the existing equity shares of the Bank.
For this purpose the Bank is required to obtain the
consent of the shareholders by means of a special
resolution. Hence your consent is requested for the
above proposal.
The Board of Directors recommends passing of the
Special Resolutions as mentioned in the notice.
None of the Directors of the Bank is interested or
concerned in the aforementioned Resolution(s),
except to the extent of their shareholding, if any in
the Bank.
lSzM qQs M ASz U By Order of the Board of Directors
m
ql xW Uui PRADYUMAN SINGH RAWAT
MrmsM lSzM EXECUTIVE DIRECTOR
(Additional Charge as MD & CEO)
Place : Bengaluru
Date : 01-06-2015
14
 mai M fsM / PROGRESS AT A GLANCE
(Uz ` MUQ / Amt. ` Crore)

2012-13 2013-14 2014-15

zZA M xZr / Number of Branches 3728 4755 5682

LOLq M xZr / Number of ATMs 3526 6312 8533
mS me / Paid-up Capital 443 461 475
AUi lkr / Reserves 24435 29159 31384
Ms eqL / Aggregate Deposits 355856 420723 473840
u (%) / Growth (%) 8.81 18.23 12.63
Alux eqL / Non-Resident Deposits 17164 22984 28829
uSz MUoU / Foreign Business Turnover 143795 166036 176274
Aaq (lus) / Advances (Net) 242177 301067 330036
u (%) / Growth (%) 4.17 24.32 9.62
ZSU Aaq / Retail Advances 23084 33529 42298
u (%) / Growth (%) -6.85 45.25 26.15
mjqMi Aaq / Priority Sector Advances 78998 97762 118234
u (%) / Growth (%) 17.24 23.75 20.94
Mw / Agriculture 40786 48797 58868
u (%) / Growth (%) 27.67 19.64 20.64
Mw (xuiUh) / Agriculture(Disbursal) 33730 41667 45232
xq, sb u qkrq Eq / Micro, Small and Medium Enterprises (MSMEs) 37016 50040 60604
u (%) / Growth (%) 6.08 35.18 21.11
QAUAD rel M iWi Aaq / Advances under DRI Scheme 67 145 173
Al.e./Al.el.e.aWM M Aaq / Advances to SC/ST Clients 5179 6102 6466
lri xZ / Export Credit 10067 11854 11785
Ms Ar / Total Income 37231 43480 48300
Ms urr / Total Expenditure 31341 36684 41350
mUcsl sp / Operating Prot 5890 6796 6950
lus sp / Net Prot 2872 2438 2703
aWM AkU (MUQ q) / Clientele (In Crore) 4.70 5.55 6.58
Ms MqcUr M xZr / Total Number of Staff 42693 48794 53984
qZr MrlwmSl Almi (%) / Key Performance Ratios (%)
me mrmii Almi / Capital Adequacy Ratio 12.40 10.63 10.56
xMs LlmL Almi / Gross NPA Ratio 2.57 2.49 3.89
lus LlmL Almi / Net NPA Ratio 2.18 1.98 2.65
Axi Axir mU miTs / Return on Average Assets 0.77 0.54 0.55
CYuO mU miTs / Return on Equity 14.03 10.59 11.06
oW qsr (` ) / Book Value (` ) 490.56 522.76 552.54
mi zrU Ael (` ) / Earnings per Share (` ) 64.83 54.48 58.59
lus ore qel / Net Interest Margin 2.40 2.27 2.25

15
lSzM M UmO
2014-2015
DIRECTORS REPORT

16
lSzM M UmO: 2014-15
lSzM qQs U rj 31 qc, 2015 M Auk M sL
islm u rj 31 qc, 2015 M xqmi ur uw M sL
sp u Wl sZ xWi 46u uwM UmO xWw mxii M on 31st March, 2015 and Prot and Loss Account for the
e UW W |
mokl ucU-uqz u uzswh
I. ur mUuz
ur
qZr uM AjuruxjA q uxs kq u Axql
j | ijm, uw M SUl pUir Ajuruxj l mNs uw
M isl q oWiU mSzl Mr | MSr xZrM xaPl
(xLxA) U eU Aliq Alql M AlxU uw
2014-15 M sL olrS Mqi mU rei xMs qsr
mNs uw 2013-14 M 6.6% M isl q jQ oRi M
xj 7.2 % Alqli W | ulqh l mNs uw M
5.3% M isl q 7.1% M u Se M | Mw u xWrM
aiukr ij Zll u EiZll qz: mNs uw M 3.7% u
5.4% M isl q bOMU 0.2% u 2.4% UW | lqh mNs
uw M 2.5% M isl q oRMU 4.8% W ar | xu
M iWi oes, ax, es Ami u Alr Emrai xuL
mNs uw M 4.8% M isl q oRMU 7.9% UW | urmU,
WOs, mUuWl u xcU ij mxUh x xoki xuA
l 10.7% (11.1%) M u Se M | url, xjuU xmS
u uruxrM xuA l 11.5% (7.9%) M u Se M
ij sM mzxl, U u Alr xuL 7.2%(7.9%) M u
Se M |
qSxTi SU, jM qsr xcMM u Emp qsr xcMM
Sl Aml Eiq x Mq WMU xqlr UW | eoM Emp
qsr xcMM AkUi qSxTi qc 2015 q 5.25% j
ij qSxTi AkUi jM qsr xcMM lMUiqM SU
x 2.33% UW |
uw M zAi q uSz urmU MqeU UW ij
SxoU 2014 iM xMci Wi UW | uherM Axcl u
xZrM qW lSzsr x eU ML aL Aliq QO M
AlxU urmUM lri qZrir MqeU uSz qa M MUh
mNs uw M 314.42 osrl rLx QsU M isl q 1.24%
M Mq M xj 310.53 osrl rLx QsU UW | Mcc
is M Mqi q Mq M MUh ij is u is M Asu
Alr Ari q aUuO M MUh Ari 0.6% bOMU 447.55
osrl rLx QsU UW | uw M SUl urmU bO mNs
uw M 136 osrl rLx QsU M isl q 137 osrl
rLx QsU UW | mUhqi: Sz M cs Zi bO xMs
bUs EimS M 1.3% UWl M Alql W e mNs uw x
1.7% Mq W |
DIRECTORS REPORT: 2014-15
The Board of Directors have pleasure in presenting the
46th Annual Report together with the Balance Sheet as
nancial year ended March 31, 2015.
MANAGEMENT DISCUSSION AND ANALYSIS
I. ECONOMIC ENVIRONMENT
Recovery in major global economies was slow
and uneven. However, Indian economy during the
year showed improvement over the previous year.
As per the provisional estimates released by the
Central Statistical Organization (CSO), Indias gross
value added (GVA) at basic prices grew by 7.2%
for 2014-15, higher compared to 6.6% recorded
during 2013-14. Agriculture and allied activities
recorded a growth of 0.2% compared to 3.7% last
year. Mining & quarrying grew by 2.4% compared
to 5.4% last year. Manufacturing sector grew higher
by 7.1% compared to 5.3% in the previous year.
Construction grew higher by 4.8% against 2.5% last
year. Electricity, gas, water and other utility services
grew higher by 7.9% compared to 4.8% last year. In
the services segments, trade, hotels, transport and
communication and services related to broadcasting
grew by 10.7% (11.1% last year), nancial, real estate
and professional services grew by 11.5% (7.9%) and
public administration, defence and other services
grew by 7.2% (7.9%).
Ination rates, both wholesale price and consumer
price indices have been moderating from their peaks.
While consumer price index-based ination was at
5.25% in March 2015, wholesale price index-based
ination was at negative 2.33%.
External trade sector remained weak in the beginning
of the year and started contracting since December
2014. As per the provisional data released by the
Directorate General of Commercial Intelligence and
Statistics (DGCI&S), merchandise exports declined by
1.24% to US$310.53 billion compared to US$314.42
billion last year, primarily due to sluggish overseas
demand. Imports declined by 0.6% to US$447.55
billion, owing to lower crude prices and reduction in
both oil and non-oil imports. Trade decit stood at
US$137 billion during the year compared to US$136
billion last year. Consequently, countrys Current
Account Decit (CAD) is estimated to be 1.3% of
gross domestic product, lower than 1.7% last year.
17
 Ws M uw q WD uMx q qS M qleU MlS xUMU
AU pUir Ueu oM U Ajuruxj M mleui MUl M
sL bwi up Emr x pUir urmM AjM mUSzr
q xkU SZD S UW W | MUoU fl q xkU WA W,
exl pUi M kUhr xu M mUSzr q bUs u uSz
luzM M krl u ux AMwi Mr W |
MlOM q AjM mUuz
Ur Ajuruxj q xkU M MUh MlOM M oeO
2014-15 M AlxU, Alqli xMs Uer Sz EimS
(eLxQm) q uxiuM u uw 2013-14 M 5% M isl
q uw 2014-15 M SUl 7% Wa | MlU oM M ESaq
MlOM Uer q Wl M li Exl Cx Uer q Aml qZr
xjl olr UZ| oM, Uer pU q Aml 940 zZA ij
1897 LOLq M eUL Aah pqM AS MUi A UW W |
oM M Ms bUs MUoU q Uer M raSl 16% UW | Uer
q oM M Ms MUoU `122820 MUQ UW exq rj qc
2015 M `71720 MUQ eq AU `51100 MUQ Aaq UW |
II. qSM u oMa uMx
uw 2014-15 q mqZ qSM xqa AU lMS Ami q
WD u l Sz u uM ur mUuz x Eim Wlus
mUuilzs lMS mUxjir M miooi Mr W | uw M
SUl qSM li M mkl Ezr qS xTi M UMl AU
iUsi mokl W | lMS Ami (Lq3) u e u uw M
AUp q 13.6% j, qc 2015 M xqmi iM 11.1% UW |
Alxci uher oM M xqr eq M u mNs uw
M 14.1% M isl q 11.4% UW | Gh M u mNs uw
M 13.9% x Mq WMU 9.5% UW | Gh-eq Almi rj
20 qc, 2015 M 76.46% M xj Eiq UW |
oMa oQ mql mU xqa AjM aiukr x mpui macroeconomic activities. Due to economic
W | Ws W M uw M lUiU AjM qS M MUh oMa
M ilumh qWs q UWl mQ e MUoU u, Axi
ahu ij spmSi q xm m x miooi WD |
With the announcement of numerous measures
both by the Central Government and Reserve Bank of
India to revive the economy, macroeconomic scenario
in India is showing improvement from the growth
slowdown that occurred in the recent years. Business
sentiments have improved, drawing attention and
condence of both domestic and overseas investors
on the sustainable India growth story.
Economic Environment in Karnataka
As per the Economic Survey of Karnataka 2014-
15, the growth in Gross State Domestic Product
(GSDP) estimated at 7% for 2014-15 compared to
5% during 2013-14 on account of recovery in the
national economy. Canara Bank, owing its origin to
the State, is continuing its key position in the State.
The Bank has been playing a leading role in the State
through its 940 branches and 1897 ATMs. The State
contributes about 16% to total domestic business of
the Bank. The total business of the Bank in the State
stood at `122820 crore, comprising `71720 crore
under deposits and `51100 crore under advances as
at March 2015, with a Credit Deposit (C-D) ratio of
71.25%.
II. MONETARY AND BANKING DEVELOPMENTS
Growth in key monetary aggregates and money
supply in 2014-15 reected the changing liquidity
conditions arising from domestic and global nancial
environment. The monetary policy stance during
the year was primarily to contain ination and
manage liquidity. Money supply (M3) growth, which
was 13.6% at the beginning of the nancial year,
moderated to 11.1% by end-March 2015.
During the year, while aggregate deposits growth of
Scheduled Commercial Banks (SCBs) was at 11.4%
compared to previous year growth at 14.1%, credit
growth came down to a singledigit at 9.5% against
a growth of 13.9% last year. The credit-deposits ratio
remained high at 76.46% as on March 20, 2015.
Banking sector is largely inuenced by the overall
slowdown in the recent years, the banking sector
continued to reel under stressed scenario, which is
clearly reected on business growth, asset quality
and protability.
18
uw 2014-15 M SUl pUir Ueu oM U bwi li xok
qZr Emr q lqlsZi mUuil SZ aL |
Um SU AU mi Um SU q 50 AkU oSA M Mq MUM
qz: 7.50% AU 6.50% Mr W |
iSlxU, qels xOQa TxsO (LqLxLT) SU u oM
SU M Um SU M xj 100 AkU oSA M xj xqrei
MUi WL 8.50% Mr ar |
uw M SUl AUi lMS lk Almi (xAUAU) M
ElM lus qa AU qrS SriL (LlQOLs) M 4% mU
AmUuii UZ ar |
uw M SUl xukM cslk Almi (LxLsAU) M 150
AkU oSA q Mq MUM 21.50 % mU UZ ar |
uw M SUl Um SU AU LqLxLT SU q mUuil
The year 2014-15 saw the following changes in the key
policy measures announced by the Reserve Bank of India
(RBI).
Repo rate and Reverse Repo rate decreased by 50
basis points (bps) to 7.50% and 6.50% respectively.
Accordingly, Marginal Standing Facility (MSF) Rate
and Bank Rate was aligned 100 bps above repo rate
at 8.50%.
Cash Reserve Ratio (CRR) was kept unchanged at 4%
of Net Demand and Time Liabilities (NDTL) during
the year.
Statutory Liquidity Ratio (SLR) was decreased by 150
basis points to 21.50% during the year.
Changes in Policy Rates during the year

Ll Q O Cash Re- Statu-

xukM Reverse
Ls M Lq Lx Repo serve Ratio tory MSF
mi cslk Effective Repo
x Um AUi LT Rate (CRR) liquidity Rate
Um SU Almi Since rate
mpu SU % lMS Almi Almi (%) (%) of ratio (%)
(%) (LxLsAU) (%)
(xAUAU) (%) NDTL (SLR) (%)
(%)
(%)
June 3,
03 el, 2014
8.00 7.00 4.00 22.50 9.00
8.00 7.00 4.00 22.50 9.00
2014
August 5,
05 Aaxi, 8.00 7.00 4.00 22.00 9.00
8.00 7.00 4.00 22.00 9.00 2014
2014

15 eluU, January
7.75 6.75 4.00 22.00 8.75 7.75 6.75 4.00 22.00 8.75
2015 15, 2015

03 TUuU, February 3,
2015
7.75 6.75 4.00 21.50 8.75 7.75 6.75 4.00 21.50 8.75
2015

04 qc, March 4,
2015
7.50 6.50 4.00 21.50 8.50 7.50 6.50 4.00 21.50 8.50
2015
uw M SUl pUir Ueu oM U lqlsZi li xok mqZ During the year, RBI made the following major policy
bwhL M ar : announcements:
Axi ahu mU mU Ea M ci M krl q UZi WL Considering industry-wide concerns about asset quality,
pUir Ueu oM U oxs ||| lrq M mh Mrurl M transition period for full implementation of Basel III norms,
xqh Auk M mu M 31 qc 2018 x oR MU 31 qc, was extended by the RBI up to March 31, 2019 from the
2019 iM Mr ar | earlier March 31, 2018.
eluU 2015 x iUsi MuUe Almi(LsxAU) M Mrurl M Guidelines issued for implementing Liquidity Coverage Ratio
sL SzlSz eU ML aL ij oM M Akql LxLsAU (LCR) from January 2015 and also permitted banks to reckon
AuzrMi M iWi mjq xiU M E ahui iUs Axir M Government Securities upto 5% of the NDTL within the
m q 5% iM xUMU mipir q UZl M Alqi p S ar mandatory SLR requirement as level 1 High Quality Liquid
ij qa UWi eqA M p Alqi mSl M ar | Assets (HQLA) and allowed non-callable deposits.

19
 lus xjD lkrl Almi (LlLxLTAU), 2015 mU qxS
SzlSz eU Mr el ij pUi q oM M sL
LlLxLTAU M Mrurl 1 eluU, 2018 x MUl Wi
mioi |
micr me oTU(xxxo) mU SzlSz eU ML aL
W ij rW xci Mr ar M mUxjir M AuzrMi
M AlxU xxxo xr ML eL Lu cU iqWr M
xqr xq M xj AqiU mU lhr mu bwi Wa |
bUs mhso qWiumh oM(QLxADo) x xuruWU
xUcl eU ML aL |
mlxUcl u Axi mllqh Mmlr (LAUx) M Axir
M o mU SzlSz eU ML aL |
ulrqM mruh M AU qeoi oll Wi oM M
apU ur qlSQ M mWcl M sL LM mu ciul
mhs(DQosrLx), AkM oUM lUh, BlxDO ec
ij rS AuzrM W i SQiqM MruD Mr ar W |
oM M MN zi M Akl olrS xUcl Em u xxi
Aux Sbuk mUrel M EkU M sL MN ulrqM
mur AkMU q NO M xj Sbuk oQ eU MUl M
Alqi S ar W |
p.U.o. Asm lMS uiuUh M AU AaxU Wl M sL
mUcsl mr ij qoCs oMa xuL mSl MUl
zqs mrA, xqxi pUi q os pail mhs(pUi
os pail mhs) ij LqLxLqD M oeM/ os M
OAUQLx M qkrq x AmsQa, xuMri, o Mr
el ij lmOl M sL mhs xjmi u mUcsi MUl
Wi qlMMUh M xpul M ec MU UW W |
Zi Zsl q Aq laUM U xql ML el us
MPlDr M Mq MUl M sL SzlSz eU Mr el
mxiui W exx oM U aWM M lql eZq xiU q
MD mUuil lW Wl mU AukM Ail M xqr mi u
mWcl M lr mqhm M qa MUl mU os lW Sr eL
ij xumqhl M Alqi S eL Lu Sxiue M mqhi
mi QM/qs U xuMU ML eL |
oM M xci Mr ar M SxiueMUh M mU MUl M
sL, xZi AuzrMi M m q aWM M AU x mrx
M Mq MUi WL lql eZq us mUl aWM xWi xp
aWM M sL MuDx mU MU ij rjci xqr xq M
piU Almsl l MUlus aWM M Zi mU UM sa S |
To issue draft guidelines on Net Stable Funding Ratio
(NSFR), 2015 and is committed to implement NSFR
from January 1, 2018 for banks in India.
Guidelines on Countercyclical Capital Buffers (CCCB)
were issued and it was advised to activate CCCB
as and when circumstances warrant, and that the
decision would normally be pre-announced with a
lead time of four quarters.
Released framework for dealing with Domestic
Systemically Important Banks (D-SIBs)
Guidelines on restructuring and sale of assets to
Asset Reconstruction Companies (ARCs) were issued.
To further strengthen regulatory supervision, an
Early Warning System (EWS) has been enput in place
to track banks critical nancial parameters and
trigger more granular oversight, onsite examination
and punitive actions, if warranted.
Banks were permitted to issue long term bonds, with
exemptions from certain regulatory pre-emptions,
for lending to long-term projects in infrastructure
sub-sectors and affordable housing, subject to
conditions.
To move towards a less cash society, RBI is examining
the feasibility of standardization in the operational
processes and procedures involved in extension
of mobile banking services, implementation of a
pan-India bill payment system (Bharat Bill Payment
System) and setting up and operationalisation of a
system for uploading, accepting, discounting and
settlement of the invoices/bills of Micro, Small
and Medium Enterprises (MSMEs) through a Trade
Receivables Discounting System (TReDS).
To ease difculties faced by common persons to
open accounts, it was proposed to issue guidelines
so that banks do not insist physical presence/ seek
fresh proof of identity and address of the customers
at the time of periodic updation in case there is no
change in low risk status of customers and allow
self-certication and accept a certied copy of the
document by mail/post, etc.
Advised banks to complete KYC for all customers,
including long standing low risk customers, to
complete documentation while minimizing efforts
on part of the customers to what is strictly needed
and to partially freeze accounts for customers unable
to comply within a reasonable time period.
20
uw 2015-16 M sL SM
Mh
uM uMx 2015 q 3.5% ij 2016 q 3.8% mUsi W e
uMxi Ajuruxj Wi uMx M ai q xii u M xj
EpUi Ajuruxj M mioqoi MUi W | rm pUeliM
ilu, ur oeU q uxiA u Axi qsr q AxjUi xok
iiu x uMx M aUuO eZq p EeaU W xMi W |
pUi M uMx M xpul mNs uw M ie M oS 2015-
16 q AU AkM oRl M Az M ei W | p,U.o. l Aml
ir qxM qSM li uuUh 2015 -16 q Ajuruxj q
mUsi uMx SU mu M 7.8% M M Akaq xzkl MUi
WL 7.6% Mr W | pUi xUMU l p Aml 2014-15 M AjM
xuh q uMx SU 8.1 x 8.5% mUsi Mr W | up
Alr Zri mmi Lexr l p uMx SU 7.5% mUsi Mr
W(ADLqLT, u oM u qQe) | xUMU u p.U.o. U csL
e UW MSq, ore SU M Mq Mr el ij qSxTi M
xji, AaM EimSl u luz q W UW xkU, me muW q
u ij ur oeU M xji, qSM u cs Zi bO q
Mq x uMx q u M Az M ei W | AiUr oeU q
M is M qsr q ENs, As-ll mpu M MUh xqlr x
Mq qlxl ij Mw EimSl mU CxM mpu uMx M aUuO
eZq M EeaU MU xMi W |
uw 2015-16 q oMa M mSzl Ajuruxj M xqa
uMx mU lpU Wa | ijm, uw M SUl oM M xql qZr
clir Axi ahu ij mlxUci Axir M Txsl M
xql MUl, me eOl, ur xquzl ij Gh u q
lkrl M sL xxkl eOl W |
III. uw 2014-15 q MlU oM
pUi q xuelM M oM q Aa
MlU oM l 2014-15 M SUl Aml lOuM M uxiU MUi
WL 930 zZL AU 2221 LOLq eQ i WL rj qc 2015
M zZA M xZr 5682 ij LOLq M xZr 8533
W | oM M aWM M Zi M xZr 6.6 MUQ x AkM
W | oeU q Aml xji M qeoi olL UZl M sL
oM l QsuU cls, xcl maM, aWM xu, MUoU
mr mlulrx MqcU l ij lL EimS / xu mrA
q saiU luz eU UZ W |
OUTLOOK FOR 2015-16
Global growth is projected at 3.5% in 2015 and 3.8%
in 2016, reecting a gradual increase in the pace of
growth for advanced economies, followed by emerging
market economies and others. However, downside risks
to growth may emanate from the factors related to
geopolitical tensions, volatility in commodities and asset
price in nancial markets.
Indias growth prospect is expected to accelerate further
in 2015-16 after showing pick up last year. The RBI, in its
Second Bi-monthly Monetary Policy Statement, 2015-16,
revised downward the projected growth of the economy
at 7.6% from the earlier projection of 7.8%. Government
of India in its Economic Survey for 2014-15 also projected
a growth in the range of 8.1-8.5%. Various other reputed
agencies have also projected a growth of 7.5% (IMF, World
Bank and Moodys). Growth is expected to be boosted by
the ongoing measures being taken by Government and
RBI, easing interest rate and ination scenario, improving
industrial production and investments, improving capital
ows and nancial market conditions, reduction in scal
and current account decits. Downside risks to growth
may emerge that include spike in international crude oil
prices, under normal monsoon triggered by the El-Nino
effects and its impact on agriculture output.
The performance of the banking sector in 2015-16 would
largely depend on the overall growth of the economy.
Major challenges, however, before the banks during the
year would be to address issues of asset quality and
slippage from the restructured assets, mobilizing capital,
nancial inclusion and resource mobilization to fund
credit growth.
III. CANARA BANK IN 2014-15
Aah oM M m q As one of the leading public sector banks in India,
Canara Bank during 2014-15, further expanded its
network by adding 930 branches and 2221ATMs,
taking the number of branches to 5682 and ATMs
to 8533 as at March 2015. The Bank is catering to
6.6 crore customer accounts. The Bank continues to
invest in delivery channels, IT infrastructure, customer
service, business process reengineering, innovative
products/services and staff knowledge to strengthen
market position.
21
climh AjM u oMa uiuUh M mUmr q MlU Against the backdrop of challenging economic and
oM l uw M SUl ZSU MUoU, Mx, Axi ahu, banking environment, Canara Bank fared well during the
uxs u zsM Ar ex qWiumh q oWiU mSzl year in line with its corporate thrust areas, such as, Retail
Mr W | Business, CASA, Asset Quality, Recovery and Fee Income.

ur lwmSl FINANCIAL PERFORMANCE

sp ij spmSi q oM M lwmSl lqllxU UW: The performance of the Bank on prots and protability is as
under:
oM M mUcsl sp mNs uw M `6796 MUQ M isl q
2.27% M oRU M xj `6950 UW | Operating prot of the Bank increased by 2.27% to `6950 crore
compared to `6796 crore last year.
mNs uw M `4358 MUQ M isl
Total provisions and contingencies
q Ms mukl u AMxqMiL
was at `4248 crore compared to
`4248 MUQ UW | oM M lus
`4358 crore last year. The Banks
sp mNs uw M `2438 MUQ M net prot increased by 10.85% to
isl q 2014-15 M sL 10.85% `2703 crore for 2014-15 compared
u M xj `2703 MUQ UW | to `2438 crore last year.
uw M sL Axi Axir mU miTs Return on Average Assets (RoAA) for
mNs uw M 0.54% M isl q the year improved to 0.55% against
0.55% UW | uw M sL mi MqcU 0.54% last year. Prot per employee
sp mNs uw M `5.00 sZ M worked out to `5.01 lakh for the year
isl q `5.01 sZ UW | compared to `5.00 lakh a year ago.

qc qc March March
qZr ur Almi (%) Key Financial Ratios (%)
2014 2015 2014 2015
lkr M sai 6.80 6.84 Cost of Funds 6.80 6.84
lkr mU miTs 8.79 8.78 Yield on Funds 8.79 8.78
eqA mU sai 7.42 7.38 Cost of Deposits 7.42 7.38
Aaq mU miTs 10.54 10.75 Yield on Advances 10.54 10.75
luz mU miTs 8.03 8.00 Yield on Investments 8.03 8.00
LQosrLT mU Mqi sai 1.99 1.94 Spread as a % to AWF 1.99 1.94
AiU % q
Net Interest Margin (NIM) 2.27 2.25
lus ore qel (lq) 2.27 2.25
Operating Expenses to AWF 1.35 1.47
LQosrLT mU mUcsl urr 1.35 1.47
Return on Avg. Assets (RoAA) 0.54 0.55
Axi Axir mU miTs 0.54 0.55 Return on Equity 10.59 11.06
CYuO mU miTs 10.59 11.06
Business per Employee 14.42 14.35
mi MqcU MUoU 14.42 14.35 (` Crore)
(` MUQ q) Prot per Employee 5.00 5.01
mi MqcU sp (` sZ q) 5.00 5.01 (` Lakh)
oW qsr (`) 522.76 552.54 Book Value (`) 522.76 552.54

mi zrU Ael (`) 54.48 58.59 Earnings per Share ( `) 54.48 58.59

L Qosr LT - Axi Mrzs lk AWF - Average Working Funds

Ar u urr uzswh Income and Expenditure Analysis

22
oM M Ms ore Ar mNs ur uw M `43480 MUQ
M isl q uwluw 11.09% u MUi WL `48300 MUQ M
u Se M | Gh u Aaq mU ore Ar 12.68% M u
M xj `32066 MUQ iM mWc uW luz x ore 6.56%
M u M xj `10924 MUQ UW | uw 2014-15 q Ms Ar
q Gh u Aaq x Ar M mizi zrU mNs uw M 65% x
oRMU 66% W ar |
oM M qZr M AlMs oreiU Ar mNs uw M `3933
MUQ M isl q 15.70% M u M xj `4550 MUQ UW |
oreiU Ar M qZr Mqzl, ulqr xuruWU ij Sss
(`929 MUQ), ulqr slSl x sp (`782 MUQ), o Zi
q Qs aL Zi x uxs (`381 MUQ), luz M o x
sp (`1148 MUQ) ij xu mpU u Alr uuk Mqzl
(`1096 MUQ) UW | oreiU Ar M WxxSU Ms Ar
M mNs uw M 9.05 % M isl q uw 2014-15 M sL
9.42% UW |
rj qc 2015 M eqA mU oM M sai 7.38% iM Mq W
ar W ij Aaq mU miTs 10.75% iM oR ar | ore Mqi
sai AiU mNs uw M 3.12% M isl q 3.37%
oM M ore urr mNs uw M `30603 MUQ M
isl q 11.38% u M xj `34086
oR | mUcsl urr mNs uw M `6081 MUQ M isl q
19.45% u M xj `7264 MUQ iM oR | uw 2014-15 M
sL Ms urr q ore urr M mizi Wxx 83% UW |
The Banks total income recorded a y-o-y growth of 11.09%
to reach `48300 crore compared to `43480 crore last
year. While interest from loans and advances increased
by 12.68% to `32066 crore, interest from investments
rose by 6.56% to `10924 crore. The percentage share of
income from loans & advances in total income increased
from 65% last year to 66% in 2014-15.
In line with the thrust areas for the Bank, non-interest
income increased by 15.70% to `4550 crore compared
to `3933 crore recorded last year. Contribution of major
segments of the non-interest income was Commission,
Exchange & Brokerage ( `929 crore), prot from exchange
transactions (`782 crore), recovery from written off
accounts (`381 crore), prot on sale of investments
( `1148 crore) and service charges and other miscellaneous
commission ( `1096 crore). The percentage share of non-
interest income to total income increased from the last
years level of 9.05% to 9.42% for 2014-15.
The Banks cost of deposits reduced to 7.38% and yield on
advances increased to 10.75% as at March 2015. Interest
spread, the difference between cost and yield, was at
UW |
3.37% compared to 3.12% a year ago.
The Banks interest expenses increased by 11.38%
MUQ iM to `34086 crore compared to `30603 crore last year.
Operating expenses grew by 19.45% to `7264 crore from
`6081 crore last year. The percentage share of interest
expenditure in total expenditure in 2014-15 has been
contained below 83%.
23
ore Ar, mS ore u oM U Aei ore q AiU mNs
uw M `8944 MUQ M isl q 8.04% M u M xj
`9664 MUQ UW | lus ore qel (lq) qc 2015 M SUl
2.25% UW |
me ij AUi lkr
oM M lus qsri, rj qc 2014 M `23394 MUQ M
isl q rj qc 2015 M oRMU `26256 MUQ W | eW oM
M mS me `475 MUQ UW, uW AUi lkr AU Akzw
`31384 MUQ iM oR |
uw 2014-15 M SUl pUi xUMU l 31.03.2015 M 1.39
MUQ DYuO zrU M Akql AoOl U oM q `570
MUQ M me M muW Mr | EmU M mUhqxum, oM q
pUi xUMU M zrUkUi 69% M mu xiU x oRMU 69.91%
iM W aD | uw M SUl oM l `1500 MUQ M oxs III
Almsi AiU OrU I ohQ eOr exx oM M Ms me `1500 crore Basel III compliant additional Tier I
lk `36137 MUQ W ar |
The net interest income, the difference between interest
paid and interest earned by the Bank, increased by 8.04%
to `9664 crore compared to `8944 crore last year. Net
Interest Margin (NIM) stood at 2.25% as at March 2015.
Capital and Reserves
Networth of the Bank, as at March 2015, increased to
`26256 crore compared to `23394 crore as at March
2014. While total paid-up capital of the Bank was `475
crore, reserves and surplus increased to `31384 crore.
In 2014-15, Government of India infused `570 crore
capital in the Bank by way of preferential allotment of
`1.39 crore equity shares on 31.03.2015. On account
of the above, the Government of Indias shareholding
in the Bank increased to 69.91% from the earlier
level of 69%. During the year, the Bank also raised
bonds, taking the total capital funds to `36137 crore.
24
 me xUcl Composition of March March
qc 2014 qc 2015
oxs III Capital Basel III 2014 2015

eZq kUi Axir 312226 342248 Risk Weighted Assets 312226 342248

xDO I 23132 25222 CET I 23132 25222

xDO I (%) 7.41 7.37 CET I (%) 7.41 7.37

LO I 859 2238 AT I 859 2238

LO I (%) 0.27 0.65 AT I (%) 0.27 0.65

OrU I me 23991 27459 Tier I Capital 23991 27459

xAULAU (%)(OrU I) 7.68 8.02 CRAR (%)(Tier I) 7.68 8.02

OrU II me 9205 8678 Tier II Capital 9205 8678

xAULAU (%) (OrU II) 2.95 2.54 CRAR (%)(Tier II) 2.95 2.54

xMs me 33196 36137 Total Capital 33196 36137

xAULAU (%) 10.63 10.56 CRAR (%) 10.63 10.56

rj qc 2015 M me mrmii ulrqM 9% M AuzrMi Capital Adequacy Ratio as at March 2015 stood at
M qMos 10.56% UW | me mrmii Almi M iWi xDO 1 10.56% against regulatory requirement of 9%. Within
the capital adequacy ratio, CET 1 ratio stood at 7.37%
Almi 5.5% M AuzrMi M qMos 7.37% ij OrU I me
against requirement of 5.5% and Tier I Capital ratio
Almi 7% M AuzrMi M qMos 8.02% UW | MUoU q was at 8.02% against the requirement of 7%. Adequate
u M ai q ie sl M sL me eOl Wi oM M mx Ao headroom is available for the Bank to raise capital
p mrmi aeCz W | in order to support business growth momentum.

zrUkUM M qsr Shareholders Value

oM M oW qsr q lUiU u Wi UW W | rW mu ur uw
M `522.76 M isl q rj qc 2015 M AU AkM oRMU
`552.54 iM e mWc | lSzM qQs U uw 2014-15 M sL
105% M spz M xTUz M aD W |
There is consistent increase in the Book Value
of the Bank. It increased further to `552.54 as at March
2015 compared to `522.76 for the previous nancial.
The Board of Directors have recommended a dividend of
105% by for the year 2014-15.

25
 MUoU xu
eq
mNs uw M `420723 MUQ M isl q rj qc 2015 M
oM M Ms eqL 12.63% u Se
MUM `473840 MUQ iM mWc |
uw M SUl oM l `16242 MUQ M
E sai us eq Uz M lMs
SL | mUhqi: E saius jM
eqA M Wxx qc 2014 M
6.55% x bOMU rj qc, 2015 M
2.38% W ar |
eqA q Ea M qkrq uMx M
MUh oM M Mx eqL 9.93%
M uw SU uw u M xj rj qc
2015 M `113532 MUQ WD | Sz eqA q Mx M Wxx
25.47% UW | rj qc 2015 M oci eqL 9.53% oRMU
`93686 MUQ WL | ur uw M SUl oM l Mx eqL
eOl M sL SzpU q Aprl csL ij MlU Lxo-el-
uD, MlU eulkU, MlU xuax QTlx EimS, MlU muU
msx, MlU muse, MlU m Us mMe rel, MlU kluw
AUQ-nsYx u BlsCl oci eq Zi Zsl M xuk
ex lL EimS /xuA mU eU Sr ar |
eq aWMua M AkU M oRD el us li M Aluil
MUi WL, xp zZA l Ms 96 sZ x AkM eq Zi
M eQ, exx Ms eq Zi M xZr 5.85 MUQ iM mWc
ar |
Aaq (lus)
Ea U Se M aD u M AlxU, oM M lus Aaq
9.62% u M xj mNs uw
M `301067 MUQ M isl q
`330036 MUQ iM mWc ar |
oM M uukMi Axi xupa,
ex Mw, xq, sb u qkrq Eq,
lri, Aux, z, uWl xWi
ZSU Gh u Alr oQ MmUO ij
olrS xUcl ex up
EimSl ZQ q Ts WL W |
rj qc 2015 M oM M EkU
Zi mNs uw M 66 sZ x 72
sZ iM oR |
BUSINESS GROWTH
Deposits
Total Deposits grew by 12.63% to reach `473840 crore
as at March 2015 compared
to `420723 crore a year ago.
During the year, the Bank shed
`16242 crore worth high cost
deposits. As a result, the share
of high cost deposits came
down from 6.55% as at March
2014 to 2.38% as at March 2015.
In line with the industrys
moderate growth in deposits,
Current and Savings Bank (CASA)
deposits of the Bank increased
by 9.93% y-o-y to `113532 crore as at March 2015. The
Banks CASA deposits to domestic deposits constituted
25.47%. Savings deposits rose by 9.53% to `93686
crore as at March 2015. To increase CASA deposits, the
Bank launched nationwide campaigns and stressed
on some of the new products/services, like, Canara SB
Gen-Y, Canara Jeevandhara, Canara Savings Defence
Product, Canara Power Plus, Canara Privilege, Canara
Payroll Package Scheme and Canara Dhanvarsha RD-
Flex and online savings deposit account opening facility.
Pursuing a strategy of expanding deposits clientele, the
Bank added 96 lakh deposit accounts during the year,
taking the total number of deposit accounts to 5.85 crore.
Advances (net)
In line with the growth recorded by the industry, the
Banks advances (net) grew by 9.62% to reach `330036
crore compared to `301067 crore
a year ago. The Banks diversied
asset portfolio is spread over
various productive segments of the
economy, like, Agriculture, Micro,
Small and Medium Enterprises
(MSMEs), Exports, Retail, including
Housing, Education, Vehicle and
others, large Corporates and
Infrastructure segments.
As at March 2015, the number of
borrowal accounts increased to
over 72 lakh from 66 lakh last year.
26
oM M Ms MU
MUoU 11.37% M uw SU uw u Se MUi WL Total business of the Bank increased to `803876 crore,
mNs uw M `721790 MUQ M isl q `803876 MUQ iM with a y-o-y growth of 11.37% compared to `721790
mWc ar | crore in the previous year.
uw M SUl oM M aWM AkU 1 MUQ x erS oRMU mNs During the year, the Banks total clientele accounts
uw M 5.55 MUQ M isl q 6.57 MUQ iM e mWc | increased by over 1 crore to 6.57 crore from 5.55 crore
last year.
ZSU Gh mUcsl
Retail Lending Operations
oM M sL lkUi qZr M AlMs ZSU EkU mUcsl
In line with the thrust areas set for the year, the Banks
l uw- SU- uw qeoi uMx Se Mr |
retail lending operations recorded robust y-o-y growth.
(Uz ` MUQ q) (Amt. ` Crore)
rj qc u As at March Growth
ZSU Retail Segments
2014 2015 mq (%) 2014 2015 Quantum (%)

Aux mir 12822 16480 3658 28.53 Housing Direct 12822 16480 3658 28.53

uWl 3099 3770 671 21.65 Vehicle 3099 3770 671 21.65

Alr urM 5845 10540 4695 80.33 Other Personal 5845 10540 4695 80.33

z 4901 5636 735 15.00 Education 4901 5636 735 15.00

xMs ZSU Gh 33529 42298 8769 26.15 Total Retail Loans 33529 42298 8769 26.15

ZSU Gh xupa uw- SU- uw 26.15% M u Se MUi Outstanding retail loans portfolio grew by 26.15% y-o-y to
WL rj qc 2015 M `42298 MUQ UW | uw M SUl up `42298 crore as at March 2015. The disbursals during the
year under various retail lending schemes amounted to
ZSU EkU relA M iWi xuiUi Uz `16590 MUQ
`16590 crore. The outstanding total housing loan portfolio
UW | Aux Gh xupa `22352 MUQ iM oR e Ms ZSU rose to `22352 crore and accounted for 53% of the total
Gh xupa M 53% Wi W | oM retail lending portfolio. The Banks
M uWl Gh u Alr urM Gh Vehicle loans and other personal
loans increased by 21.65% and
q uw- SU- uw qz: 21.65% u
80.33% y-o-y respectively.
80.33% M u WD |
Education Loans
Over the years, the Bank has
z Gh
assisted lakhs of promising
oM l uw x pUi AU uSz q
students to pursue higher
E z mmi MUl M sL sZ education in India and abroad.
mipul N M xWri mWcD The Banks education loan
W| oM M z Gh xupa M portfolio increased to ` 5636

27
oRMU `5636 MUQ W ar W | rj qc 2015 M oM l 2.75
sZ N M Gh mSl Mr | z Gh mU ore AlSl M
sL MlSr rel M iWi AlSl xcsl M sL oM M
lQs oM M m q lq Mr ar W |
ZSU Gh M oRl M sL oM U MD mWs ML aL , exq
qeS EimS M xj lL ZSU Gh EimS rj, ru Aux Gh,
uU laUM M sL Aux Gh ij MwM M sL uWl Gh
AS zqs W | Sz pU q Aprl M Arel, LYxm M
xcsl, mixmkiqM SU mU Gh Emsok MUl, mii osQU
u MU QsU M xj xqfi oM M ZSU Gh xupa M
oRl q xTs x WL |
uw M SUl Sx lL ZSU Axi MlS Zs aL exx ZSU
Axi MlS M Ms xZr 61 WD e SzpU q qZr zWU q
xji W | oM l qi xeM CQr, OO qOx, qWlS LQ
qWlS AS M xj xr mcU u umhl M xqfi ml
Mr | oM l MD iMlM AkUi mWs ex ZSU EkU
relA M sL qxQ Ms xuk, Aux Gh M Sr ij
u DLqAD Uz xci Mr el ij uo AkUi sQ xel
mhs sa M |
LMMi Mw
rj qc 2015 M oM M xMs luz (lus) `145346 MUQ
UW | xupa xzki Auk mNs uw M 4.63 x 4.37 iM
bO ar | o M sL Emsok xupa xzki Auk rj
mNs uw M 3.83 x bO MU 3.58 WD | uw M sL urmUM
sp mNs uw M `664 MUQ M isl q `1148 MUQ UW |
luz mU miTs 8.00 % UW |
xUMU mipi oeU q oQ urmU M m q oM xr pa Government Securities market as a Primary Dealer (PD).
si UW W | WqSU ucloiA M Ms Uz `59400 MUQ
j, exq x pUir Ueu oM U WqSU M sL xuMi
ucloi Uz `34493 MUQ j | mkl urmU MUoU M
iWi UeMw os M xok q mirM Ak uwM M SUl 40%
xTsi Almi Wxs MUl j | E M q q xioU 2014
M xqmi mjq Ak uwM M SUl oM M xTsi Almi
42.66% UW ij qc 2015 M xqmi ir Ak uwM M SUl
mkl urmU M m q oM M xTsi Almi 58.22% UW |
rj qc 2015 M oM M xMs uSz MUoU `176274 MUQ
UW exq `89811 MUQ lri, Ari q `51827 MUQ AU
umwh M iWi `34636 MUQ UW | rj qc 2015 M oM M
oMr lri Gh `11785 MUQ UW|
crore, covering 2.75 lakh students as at March 2015. The
Bank is designated as the nodal bank for administering
subsidy under the Central Sector Scheme for Interest
Subsidy on education loans.
Several initiatives were undertaken by the Bank to expand
retail credit. These include new retail loan products, viz.,
Yuva Awas Rin, Housing Loan for Senior Citizens and
Vehicle Loan for Agriculturists along with an array of
existing products. Besides, nationwide campaigns, expos,
competitive interest rates, tie-ups with reputed Builders
and Car Dealers boosted Banks retail loan portfolio.
Ten new Retail Asset Hubs (RAHs) were opened, taking total
number of RAHs to 61 across major centres in the country.
The Bank entered into Memorandum of Understanding
(MoU) with Maruti Suzuki India, Tata Motors, Mahindra
and Mahindra for joint publicity and marketing. The Bank
also undertook several tech-based initiatives like missed
call facility for retail lending Schemes, informing due dates
and amount of EMIs for housing loans and introduction of
web-based lead generation system.
INTEGRATED TREASURY
Aggregate investments (net) of the Bank was at `145346
crore as at March 2015. Portfolio modied duration
reduced to 4.37 years from 4.63 years last year. The
modied duration of the Available for Sale (AFS) portfolio
reduced to 3.58 years from 3.83 years last year. The
trading prot for the year was `1148 crore as against `664
crore last year. The yield on investments stood at 8.00%.
The Bank continues to be an active player in the
The total amount of bids submitted for underwriting was
`59400 crore, of which, the underwriting commitment
accepted by the RBI was `34493 crore. With regard to
Treasury Bills under PD business, as against the minimum
success ratio of 40% to be achieved in each half year, the
Bank has a success ratio of 42.66% for the rst half year
ended September 2014 and 58.22% for the second half
year ended March 2015.
Foreign Business Turnover of the Bank aggregated
to `176274 crore, comprising `89811 crore under
exports, `51827 crore under imports and `34636 crore
under remittances during the year ended March 2015.
Outstanding export credit stood at `11785 crore as at
March 2015.
28
 AiUr mUcsl
oM M uSz mUcsl q sSl u sxxOU (r.M.), WaMa u
zbD (cl), qlq (oWUl), eWxoa (Sh ATM) AU lr
rM (rLxL) q LM-LM zZ ij zUeW (rLD) q milk
Mrsr ij qxM q Mqzrs oM BT CQr (Ls.Ls.x.)
M lq x pUir xOO oM M xj xr Eq M xj 7 Sz
M muUi MUi W |
uw M SUl xqxi uSz zZA l xuki MrlwmSl Se
Mr | qc 2015 M xi uSz zZA M Ms MUoU
`51,831 MUQ UW | oM M Ms MUoU q uSz zZA M
Wxx mNs uw M 5.69 % x oRMU 6.45% UW |
oM l uw M SUl 19.05.2014 M eWxoa (Sh ATM)
q ij lr rM (r Lx L) q SlM 09.06.2014 zZL Zs |
oM M ielr ij SoD AiUr ur MlS (QADLTx)
M ulrqM x qz: SU-D-xsq ij QADLTx q LM
Alwa ij LM zZ xjmi MUl M Alqi mmi WD W |
oM M AiUr mUcsl M 86 Sz q Ts WL 392 xmMMi
oM M uxii i M AcN xqjl qs UW W | Alux pUir
M umwh M clsMi MUl Wi 35 ulqr mil ij 13
uSz oM M xj mr AWUh uruxj M aD W | oM xunO
LqO 103 qkrq x umwh xuk (ZSU / uherM) mSl MUl
M sL 14 uSz oM M uxO Zi M p UZ UZu MU UW
W | oM U qz: xMQqO ij mokl MUU M iWi S ulqr
mil ex, As UeM AiUr ulqr Mml, SoD AU
DxOl LYxce LxOoszqO, MiU M mokl Mr MU UW W |
oM l `UqO ql' lqM uo AkUi iuUi umwh EimS M
32 ulqr mil ij sSl, sxxOU, zbD AU Wa Ma M
4 xqSmUr zZA q Mrlui Mr W | oM l qxx rLD
LYxce, Ao ko M xWra x nszUqO lqM LM iiMs
Gh xuk Mrlui M W | oM l qxx As UeM AiUr
ulqr Mml, SoD, qxx DxOl LYxce LxOoszqO, MiU
ij qxx As AlxU LYxce LsLsx, rLD M xj qsMU
CxOlO UqOql lqM LM iuUi Gh xuk Mrlui M W |
rW pUi q MlU oM M spj M iiMs u ok UWi umwh
xuk mSl MUi W |
INTERNATIONAL OPERATIONS
The Banks overseas operations covered 8 countries, with
one branch each at London and Leicester (UK), Hong Kong
Shanghai (China), Manama (Bahrain), Johannesburg
(South Africa) and New York (USA); a Representative
Ofce at Sharjah (UAE) and a Joint Venture Bank, viz.,
Commercial Indo Bank LLC in Moscow (Russia), in
association with State Bank of India.
All overseas branches recorded improved performance
during the year. Total business of seven overseas branches
aggregated to `51831 crore as at March 2015. Overseas
business constituted 6.45% of the Banks total business,
up from 5.69% last year.
The Bank opened two overseas branches, at Johannesburg
(South Africa) on 19.05.2014 and New York (USA) on
09.06.2014, during the year.
The Bank has received approval from the host country
regulators of Tanzania and Dubai International Financial
Centre (DIFC) for establishing a subsidiary and a branch
respectively at Dar-Es-Salaam and DIFC.
The Banks international operations are well supported
by a wide network of 392 Correspondent Banks, spread
across 86 countries. Rupee Drawing Arrangements with
35 Exchange Houses and 13 overseas banks are also
operational for channelizing the remittances of Non
Resident Indians (NRIs). The Bank is also maintaining
Vostro Accounts of 14 overseas banks for facilitating
remittances (retail/commercial) through Swift MT103
mode. The Bank is managing two Exchange Houses viz.,
Al Razouki International Exchange Company, Dubai and
Eastern Exchange Est., Qatar under Secondment and
Management Agreement respectively.
The Bank has implemented Remit Money, a Web Based
Speed Remittance product by extending it to 32 Exchange
Houses and its 4 overseas branches in London, Leicester,
Shanghai and Hong-Kong. The Bank has implemented
Flashremit, an instant credit facility in association
with M/s. UAE Exchange, Abu Dhabi, UAE. The Bank also
implemented another product Instant Remitmoney an
instant credit facility with M/s. Al Razouki International
Exchange Company, Dubai, M/s. Eastern Exchange
Est., Qatar and M/s. Al Ansari Exchange LLC, UAE.
This facilitates instant and hassle free remittances to
beneciaries of Canara Bank in India.
29
 Alr xuL
oM M urmU oMa mpa l UwOr Ueqa mkMUh
(LlLcLAD) ij aqh uiMUh MmUzl sqOQ (AUDx)
M mCuO msxqO MmOs al oQ laq M Mr M luWl
Mr | uw M SUl UwOr Ueqa mkMUh (LlLcLAD) ij
aqh uiMUh MmUzl sqOQ (AUDx) M mCuO msxqO
MmOs al oQ x xaWi Uz `81.64 MUQ UW | uw M
SUl mpa U DYuO M Eci qsrMl'' M 6 uzwMi
Mr M luWl p Mr ar |
3 le msxqO laq ij LM xkMU laq M sL oM l
xaWMi oMU M m q Mr Mr exM Ms Uz `1185.46
MUQ W | lq zZA U Au Uz U xqji AuSl
(LLxoL) M iWi lai Mr ar xuelM u Gh laq M
Ms xZr 104 UW AU osM M WD Uz `22.86 MUQ UW |
uw M SUl xqWl xqW l mUrelA M luW Mr exM
mUrel sai `7502 MUQ UW AU CxM Gh AMU `3536
MUQ UW | xqW l xqWl mUcsl x `8.97 MUQ M zsM-
AkUi Ar M Ael Mr | uzw AjM , Axmis, mul
Fe, xU Fe, Cxmi, Acs xm Usu ij xcUh CirS
ex upll xua q mUrelA M sL lkr M uruxj
M aD |
oM M oMLzrUlx' Aa M iWi Sl eul ij aU - eul
oq xua q oM M aP-eQ uruxj W| oM l Aml xrYi
Eq rl MlU LcLxox Aox eul oq Mml sqOQ
x Mqzl M m q `26.56 MUQ M Ar Ael Mr W |
qrcAs TQ MUoU M iWi, oM l Aml xrYi Eq rl
MlU UoM Axi mokl Mml sqOQ x `10.90 MUQ M
Mqzl Aei Mr W | qxx rlCOQ CQr oq Mml
sqOQ (rADADxLs) M xj Aml aPeQ uruxj M
eUL aU eul (xqlr) oq MUoU M iWi oM l Mqzl M
m q `15.40 MUQ M Ar Ael Mr W | Aml xuxjr oq
EimS M umhl M sL oM l qxx Ams qrlM xuxjr
oq Mml sqOQ M xj MmUO Lex MUU Mr exM
mUhqxum `5.50 MUQ M Mqzl Aei WA | mU pUi q
Ts Aml zZA M eUL lri lir M umhl M sL
qxx LYxmO QO aUO MmUzl AT CQr M xj oM
l MmUO Lelx M MUU p Mr W |
MQ MUoU M iWi, QO u QoO-xW-LOLq MQ AkU
oRl M sL oM l MD mWs ML | rj qc 2015 M oM M
Ms QoO MQ AkU oRMU 2.55 MUQ W ar | MQ MUoU
M iWi uw M SUl sp `40.92 MUQ UW |
OTHER SERVICES
The Banks Merchant Banking Division handled Private
Placement Capital Gain Bond Issues of National
Highways Authority of India (NHAI) and Rural
Electrication Corporation Ltd (REC) as Arrangers. The
amount mobilized in respect of Capital Gain Bonds Issue
of NHAI and REC during the year was `81.64 crore. Six
specialized assignments of Fair Valuation of Equity were
also handled by the Division during the year.
The Bank acted as Collecting Banker for 3 Private
Placement Issues and one Rights Issue, involving an
amount of `1185.46 crore. The number of Public and
Debt Issues handled under Application Supported by
Blocked Amount (ASBA) by designated branches was 104
and the amount blocked was `22.86 crore.
The Syndication Group handled projects, involving project
cost of `7502 crore during the year, with a total debt size
of `3536 crore. The Group generated fee-based income
of `8.97 crore from the syndication operations. The
funds were arranged for projects in various segments,
like, SEZ, Hospital, Wind Energy, Solar Energy, Steel, Real
Estate, Railway and Transmission.
The Bank has tie-up arrangements in both life and
non-life insurance segments under its Bancassurance
arm. The Bank earned a commission income of `26.56
crore from its joint venture, viz., Canara HSBC OBC Life
Insurance Company Ltd. Under the Mutual Fund business,
the Bank earned a commission of `10.90 crore from its
joint venture, viz., Canara Robeco Asset Management
Company Ltd. A commission income of `15.40 crore was
earned under Non-Life (General) Insurance business from
its tie-up arrangement with M/s United India Insurance
Company Ltd (UIICL). A commission income of `5.50
crore was earned by the Bank from its Corporate Agency
Agreement with M/s Apollo Munich Health Insurance
Co. Ltd for marketing their health insurance products.
The Bank also has Corporate Agency Agreement with
M/s Export Credit Guarantee Corporation of India
for marketing export policies through its branches
across India.
Under Card Business, the Bank took several initiatives to
expand credit and debit-cum-ATM card base. The total
debit card base of the Bank increased to 2.55 crore as at
March 2015. Prot under card business during the year
was at `40.92 crore.
30
oM, SzpU q 38 xjl q Ts 46 lmaU xu MlS M
eUL `lmaU xuL' mSl MUi W | Cl MlS M qkrq x
oM Aml Sss Alwa qxx MlU oM xYrUOe sqOQ,
qoD M eUL Q m aWM M Bl sCl OQa xuk mSl
MU UW W | xp Qm xu MlS M oas xji MlSr Qm
x lOuM M qkrq x eQ ar W |
oM M lwmSM,
lwmSM, lrx u MUkl xuL' CMD U QocU
/ mipi lrxkUi, uxrilq u lwmSMMi, lrxkUi,
urM MU xWri ij qZiUlq ex xuL S
ei W | uw M SUl oM l E xuA x `1.75 MUQ M
zsM Ar Aei Mr ij MlSr qsr uki MU (xluO) x
`74.26 MUQ Aei Mr |
oM U upll xUMU MUoU EimS elq mir u Amir
MU uxs, MlS xUMU u Uer xUMU M mzl M pail,
mxOs slSl u Uer MUMU M UeMwr slSl, xuelM
puwr lk rel u uUwP laUM oci rel u pUir Ueu
oM M qSxTi xco oQ M laq zqs W | uw M SUl
Cl EimS x Mx q xkU Se Wi WL `100.94 MUQ M
zsM Ar Aei WA |
oM U MD Bl sCl pail xuL, ex qWUwO, iqs lQ,
MlOM, Ak mSz, oWU, SSU u laU Wus, AQz, meo,
mq oas u Sss q ur MU / uher MU M D- pail,
qWUwO q ucAs OzU mMe, iqs lQ q mUuWl upa M
MU M D-pail, iqs lQ q cllD ij MlOM q oas
q MmUzl M sL xm MU M uxs, xuelM puwr lk
Zi M BlsCl Zsl, fUZQ, EiiU mSz, iqs lQ u
MlOM q D-xOqm mUrel, AS mSl M ei W|
oM M qlu xxkl uMx qsr (LqLcAUQ), xxMi
qsr, ru qqs u Zs qsr, pUir mUiiu xuh u
pUir uzwO mWcl mkMUh (rADQLAD), lD Sss M
AkMUM oMU M m q mkMi Mr ar W | oM l
xuusol rel M iWi AxaPi M sL UwOr mzl
mhs M Mrlui Mr AU uai S uw q AkU xQa q
xuelM M oM q WqU oM mjq xjl mU W |
oM M Mw lulqwh MlS (LADx) Aa l Ms 80 Mr M
luWl Mr | Cl 80 Mr q 66 qsrMl, 9 mlUh ij 5
uruWri Akrrl zqs j | Cl Mr M Ms mUurr, qrS
Gh bOM M iU mU `316.25 MUQ UW | uw M SUl Cxx oM
l `2.66 MUQ M zsM Ar Aei Mr |
The Bank offers its Depository Services from 46 DP
Service Centres, spread across 38 locations in the country.
Through these Centres, the Bank is extending Online
Trading Facility to DP clients from its own broking
subsidiary M/s Canara Bank Securities Ltd., Mumbai. All
DP Service Centers have been networked with the Central
DP at Bengaluru.
Executor, Trustee and Taxation Services outt of the Bank
provides services, like, Debenture/Security Trusteeship,
Will and Executorship, Trusteeship, Personal Tax
Assistance and Power of Attorney Services. During the
year, the Bank earned a fee income of `1.75 crore from
the above services and `74.26 crore from Central Value
Added Taxes (CENVAT) credit.
The Bank handles various Government Business
products comprising Direct and Indirect Tax collections,
payment of pensions of Central Government and State
Government, Handling of Postal Transactions and State
Government Treasury Transactions, Public Provident
Fund Scheme and Senior Citizens Saving Scheme and
issue of Ination Indexed Bonds of RBI. These products
contributed to improvement of CASA and also earned a
fee income of `100.94 crore during the year.
The Bank provides several online payment services, viz.,
E-payment of Sales Tax/ Commercial Tax in Maharashtra,
Tamil Nadu, Karnataka, Andhra Pradesh, Bihar, Dadra &
Nagar Haveli, Odisha, Punjab, West Bengal and Delhi,
Virtual Treasury Package in Maharashtra, E-payment of
Taxes to Transport Department in Tamil Nadu, Collection
of Property Tax for the Corporation of Chennai in Tamil
Nadu and Bengaluru in Karnataka, Online opening of PPF
Accounts and E- Stamping project in Jharkhand, Uttar
Pradesh, Tamil Nadu and Karnataka.
The Bank has been authorized as the accredited
banker for Ministry of Human Resources Development
(MHRD), Ministry of Culture, Ministry of Youth Affairs
& Sports, Archealogical Survey of India and Unique
Identication Authority of India (UIDAI), New Delhi. The
Bank implemented the National Pension System for
Unorganised Sectors under Swavalamban Scheme and
occupied number 1 position among public sector banks
for the last two years.
Agricultural Innovation Centre (AIC) outt of the Bank
handled 80 assignments. These 80 assignments consisted
of 66 appraisals, 9 vetting and 5 viability studies. The
total outlay of the assignments worked out to a term
loan component of `316.25 crore. The Bank earned a fee
income of `2.66 crore during the year.
31
 Axi ahuii
` 5993 MUQ M Ao iM M
xukM lMS uxs
Ea xiU mU Axi ahuii q eU Sou M oueS AleM
Axir M lri MUl q oM M lwmSl AcN UW AU
xukM lMS uxs M | xMs AleM Axi `13040 MUQ
UW ij xMs AleM Almi (rj qc 2014) M 2.49% x
oRMU 3.89% UW | `8740 MUQ M lus LlmL M xj lus
LlmL Almi mNs uw M 1.98% x oRMU 2.65% WA |
oM l uw 2014-15 M SUl lMS uxs q mNs uw M
`5494 MUQ M isl q `5993 MUQ M u Se M |
iMlM iU mU o Zi Qs ar Zi x `1351 MUQ Aei
WA AU rW oMr Uz M 18.29% UW exq Wl Axir
x uxs aD `666 MUQ p zqs W | uw M SUl oM l 66
Ll m L Zi M Axi mlxUcl Mmlr (AxO UMxOYzl
Mmlr) M `906 MUQ M Zi M o M | uw M SUl
Ms `2031 MUQ M xiUrl Mr ar |
uw M SUl, xUTx Aklrq M iWi Ms `1379 MUQ M
uxs M ar | oM l 20,387 uxs oPM M Arel Mr
exM mUhqxum `843 MUQ Uz uxs M ar | uw M
SUl 62,301 qqs sM ASsi M pe ar, elq x 28,029
qqs M lmOl Mr ar, exM Ms Uz `323 MUQ UW |
oM l Zi M LlmL q Txsl x UMl M sL AU AiSr
Gh Zi x uxs q oRU sl M sL MD mWs M | Clq,
xqr mU Souaxi Zi M mlxUcl/mllkUh MUl Wi Zi
M mWcl MUl, LMqzi lmOl (AOLx) M sL zZ xiU
mU MlASsi AU Acs xiU mU qa ASsi M Arel,
es xiU mU sMASsi M Arel, Ms MlS M eUL Gh
Zi q AiSr Uz M lrqi Aluil AU ApaWi Axir
M ur M sL D-lsq, CUSil cMMiA M ZsT xZi
uxs Emr MUl, AS zqs W | oM l ` 10 sZ iM M
NO LlmL M lmOl M sL LM uzw rel p mri M
exq z Gh, OYOU Gh AU `1 MUQ x Mq M LqLxLqD
Gh mU uzw krl MlSi Mr ar |
rj qc 2015 M oMr mlxUci Axi xupa (mlxUci
LlmL Zi xWi) `28371 MUQ UW e xMs Aaq M
8.47% W |
ASSET QUALITY
All Time High Cash Recovery
at `5993 crore
The Bank performed relatively well in Non-Performing
Assets (NPA) management and made record cash
recoveries, despite continued stress at the industry level.
With a gross NPA level of `13040 crore, the gross NPA
ratio has increased to 3.89% from 2.49% (as at March
2014). With a Net NPA of `8740 crore, the net NPA ratio
increased to 2.65% from 1.98% a year ago.
Cash Recovery during 2014-15 aggregated to a record
`5993 crore compared to `5494 crore last year. Recovery
from technically written off accounts was at `1351
crore and accounted for 18.29% to outstanding amount,
including recovery from loss assets at `666 crore. During
the year, the Bank also sold 66 NPA accounts to Asset
Reconstruction Companies (ARCs) for consideration of
`906 crore. An amount of `2031 crore was upgraded
during the year.
During the year, recovery amounting to `1379 crore
was made under SARFAESI Act. The Bank conducted
20,387 recovery meets, which resulted in a recovery
of `843 crore. 62,301 cases were referred to Lokadalat,
out of which, 28,029 cases were settled, covering an
amount of `323 crore. The Bank took several initiatives
to contain slippages and speed up recovery from overdue
loan accounts. These include, identication of stressed
accounts for restructuring/rephasing in time, conduct
of Canadalats at branch level and mega adalats at Circle
level for one time settlements (OTS), Lokadalats at district
levels and regular follow-up of overdues in loan accounts
through Call Centre and conducting e-auctions for sale
of seized assets, initiation of stringent recovery measures
against Wilful Defaulters. The Bank also formulated a
Special Scheme for settlement of small value NPAs upto
`10 lakh, with a thrust on education loans, tractor loans
and MSMEs below `1 crore.
As at March 2015, the outstanding restructured assets
portfolio (including restructured NPA accounts) of the
Bank stood at `28371 crore, accounting for 8.47% of
gross advances.
32
eZq mokl
oxs III me mrmii Rc
AU pu Uhlir
mkl Mrsr q oM q upll eZq mokl mWs M xqa
Mrlurl M sL xui m x lQs MlS M m q eZq
mokl upa Mr MU UW W | xp 47 Acs Mrsr q
eZq mokl Alpa MrUi W e eZq mokl upa M W
uxiUi Aa W |
oM q, pasM xiU mU AU xmh eZq mUZ x muUi
eZq mokl lir W | Clq, Gh eZq mokl, mUcsl
eZq mokl, oeU eZq mokl, Axi Sri mokl AU
xqW eZq mokl zqs W |
oM q, oxs II AU oxs III M xip 2 M iWi AiUM me
mrmii qsrMl mr (ADxLLm) Emsok W | ADxLLm
mr q oM M bUs AU uSz mUcsl, Alwar, xrYi
Eq, mrei CMCr AU xWra xxj muUi W | ADxLLm
msZ q Sou mUh xok ch zqs W | oQ M eZq
mokl xqi AU lSzM qQs U ADxLLm msZ M
xq AU AlqSl M ei W |
oM q me Arel xqi MrUi W AU xqi, oM M me
AmA M isl q AU MUoU Uhlir M isl q xq
AjM li M xxmwO ch mSl MUi W | xqi U, eZq
pUi Axi M isl q me M EmrYi xiU M Almi olr
UZl M oi xli M ei W AU me eOl M sL upll
uMsm M qsrMl Mr ei W |
oxs II M iWi Elli SMh Amll
Gh, oeU AU mUcsl eZq M xok q me M mUMsl
Wi oxs II M iWi Elli SMh Rc M AU oRl M Aml
mrx q LMMi eZq mokl xqkl M qkrq x Eq M
rlurl M Ezr x oM l xur ij xqW CMCr M sL
mUqzSi M lr M W iM Ami eZq mokl Rc M
lqh Mr e xM |
Eq M Mrlurl M mum M m q urmM LMMi eZq
mokl xUcl - oM l eZq xqkl mmi Mr W exx M
uW Elli qml SMh M AmA M mi MU xM |
Gh eZq M sL me pU M mUMsl Wi AiUM UOa
AkUi SMh (ADAUo) Amll M sL, oeU eZq
Risk Management
BASEL III Capital Adequacy Framework and
Future Strategies
An independent Risk Management Wing at the Head
Ofce is functioning as a nodal centre for overall
implementation of various risk management initiatives
across the Bank. Risk Management Sections are
functioning at all the 47 Circle Ofces of the Bank as an
extended arm of the Risk Management Wing.
The Bank has in place risk management policies across
geographies and across all risks encompassing the entire
gamut of risk prole. These include policies on Credit Risk
Management, Operational Risk Management, Market
Risk Management, Asset Liability Management and
Group Risk Management.
The Bank has in place an Internal Capital Adequacy
Assessment Process (ICAAP) under Pillar 2 of Basel II and
Basel III norms. The ICAAP exercise covers the domestic
and overseas operations of the Bank, the Subsidiaries,
Joint Ventures, Sponsored Entities and Associates.
Linkages to Stress Test Scenarios are also documented in
ICAAP. The ICAAP document is reviewed and approved by
the Risk Management Committee of the Board and the
Board of Directors.
A Capital Planning Committee is in place. The Committee
articulates macroeconomic scenarios vis--vis capital
requirements of the Bank, in tune with business
strategies. The Committee ensures maintenance of
appropriate level of Capital to Risk Weighted Assets Ratio
(CRAR) and evaluates various options for raising the
capital.
Adoption of Advanced Approaches under Basel II
In an endeavour to move towards Advanced Approaches
under Basel II for computation of capital for Credit, Market
and Operational Risk, the Bank has engaged the services
of a Consultant for implementation of Enterprise-wide
Integrated Risk Management solution for itself and the
group entities, so as to build requisite risk management
framework.
As a pre-requisite for the implementation of Enterprise-
wide Integrated Risk Management architecture, the Bank
has procured a Risk Solution that would enable it to meet
requirements of Advanced Measurement Approaches.
The Bank has submitted Letters of Intent to RBI for
adoption of Internal Rating Based (IRB) Approach for
33
M sL me pU M mUMsl Wi AiUM qQs SMh AU
mUcsl xok eZq M sL me pU M mUMsl Wi Elli
qml SMh Amll M sL oM l pUir Ueu oM M Azr
m mxii Mr W |
oxs III M sL irU
oxs III me ulrqus xok Aiq SzlSz 1 Ams,
2013 x mpu ol | pUir Ueu oM M SzlSz M AlxU,
oxs III me ulrqus M mh rlurl M mUui Auk
M 31.03.2019 iM oR Sr ar W | qc 2019 M Ai iM
pUi q xji oM M 5.50% M lrliq xql DYuO OrU
1 (xDO 1) me, 7.00% M OrU 1 me, 9% M Ms me
AU 2.50% M me mUUh oTU (xxo) M olr UZl M
AuzrMi W | oM M eZq AkUi me AmA M
sWe x uzuxlr mimUM Emr M m q mUss Ul M SUl
1 eluU 2013 x 1 eluU 2017 iM 4.5% M lrliq OrU 1
suUe Almi p olr UZl W |
oM mrmi m x meMi UWl M sL mrx MU UW W ij
xqh SU M SUl pUir Ueu oM U lkUi me
AuzrMiA M mi M sL rel irU Mr W | pUi xUMU
x ml:meMUh xqjl mmi MUl xWi oeU x me eOl M
sL oM M mx mrmi aeCz W | Aa oRi WL, oM M me
xok Am M mi - lr DYuO me sal, sp oUMUU
UZl, MUoU M CwOiq xiU iM s el AU me xok rel
u mokl M eUL M e xMi W |
Gh eZq mokl
Gh eZq M mok MUl M sL oM M mx upll eZq
mokl mhsr W AU urmM lir u Mrukr mcsi W |
Gh eZq mokl li q lqlsZi M xok q xmwO SzlSz
zqs W:
qsrMl u lhr sl M sL Gh qlSQ
EkUMiA M AiUM eZq UOa M AkU mU upll
mkMUr / Gh AlqSl xqir M qeU AkMU M
mirrel |
eZq UOa M AkU mU zAi AuUk
eZq AkUi Mqi lkUh
Gh xq i
LM uzw eZq laUl li lkUi M ar W | Gh laUl
li q EssZi Gh xq i q xq u laUl xok mh
elMU muUi M ar W exx M Gh mxiM M saiU
m x qsrMl Mr e xM | CxM Ezr, Gh mzxl u
laUl upa U ukui m x lkUi Gh sZmU / eU
mu sZmU xWi Gh mzxl q ahuiqM xkU sl W |
calculation of capital charge for Credit Risk, Internal
Models Approach for calculation of capital charge for
Market Risk and Advanced Measurement Approach for
calculation of capital charge for Operational Risk.
Preparedness for Basel III
The nal guidelines on Basel III Capital Regulations
became effective from 1st April, 2013. As per RBI guidelines,
the transitional period for full implementation of Basel
III Capital regulations is extended up to 31.03.2019. The
banks in India need to maintain a minimum Common
Equity Tier 1 (CET1) capital of 5.50%, Tier 1 capital of
7.00%, Total Capital of 9% and Capital Conservation
Buffer (CCB) of 2.50% at the end of March 2019. The
banks also have to maintain a minimum Tier 1 Leverage
Ratio of 4.5% during parallel run from 1st January, 2013 to
1st January, 2017, as a credible supplementary measure to
the risk based capital requirements.
The Bank endeavours to remain adequately capitalized
and has drawn plans to meet the capital requirements
stipulated by RBI in transitory phase. The Bank has
adequate headroom to raise capital from the market,
including recapitalization support from the Government
of India. Moving ahead, the Banks capital requirement
shall be met by injecting fresh equity capital, retention
of prot, optimization of business levers and proactive
capital planning and management.
Credit Risk Management
The Bank has various risk management systems for
managing Credit Risk with comprehensive policies and
procedures in place.
The Credit Risk Management Policy articulates, among
others, the guidelines on:
Lending norms for appraisal and decision making
Delegation of credit sanctioning powers to various
authorities/Credit Approval Committees based on
internal risk rating of the borrowers
Entry barriers based on risk rating
Risk Based Pricing
Loan Review Mechanism
An exclusive Credit Monitoring Policy has been put in
place. The loan review mechanism articulated in the Credit
Monitoring Policy covers the entire gamut of review and
monitoring as an effective tool for evaluating the loan
book continuously. It also intends to bring out qualitative
improvements in credit administration, including Credit
Audit/ Pre-release Audit, duly administered by the Credit
Administration and Monitoring Wing.
34
oeU eZq mokl
oM M oeU eZq Rc M Ezr, eZq LYxmeU u islr
lrliq qlShQ M isl q oeU eZq LYxmeU M mUqh
M xok q lur mSl MU AkMiq misp mmi MUl W|
LMMi qkr Mrsr AU eZq mokl upa M LMMi Mw
M qkr Mrsr oeU eZq LYxmeU mU laUl UZi W|
LYxmeU sqO, ex xOm sx sqO Bl OQa oM, up
qSA M xji M oU q COQ u AuUlCO xq, QsU-uU
xq, xMs AiU xq, qS oeU mUcsl M xqL, luz
xupa M sL xzki Auk xq AU eZq qsr xq,
eZq luUM / EimUM M m q Mr MUl Wi lkUi Mr
ar W| Alr EimUM M xj SlM AkU mU Cl xqA mU
laUl UZ ei W| oeU eZq M mpu mokl Wi LM
xSR UmOa mhs lkUi M ar W|
mUcsl eZq mokl
oM q mUcsl eZq mokl M Rc, liM qsr, xaPliqM
xxMi AU xz mUcsl Mrukr mU AkUi W exq
MmUO qsr, AiUM lrh xxMi, mpu AiUM UmOa
AU AMxqM Arel xqWi W|
oM l mUcsl eZq mokl Wi lir M Amlr W exq,
mUcsl eZq mokl Rc, BEOxxa aiukr AU xii
uruxr rel ex up mWs zqs W | uiql q oM qs
xMiM SMh (oADL) x oxs III Rc M Elli SMh
M Amll M mr q W| oM l Elli SMh M Mrlurl M
sr ij bOl mokl, qZr eZq xMiM (MAUAD), eZq
lrh u xu qsrMl (AUxLxL), mUcsl eZq M me
pU M mUMsl M sL mUSzr uzswh lkUi MUl Wi mr
/ aiukr mUp MU S W|
Axi Sri mokl
Axi Sri mokl mhs (LLsLq) cslk AU ore SU
eZq xok qqs M xsfi W iM Mqi-sai AiU,
spmSi Lu Sbuk uruWri M oc oWiU xisl olr
UZ e xM| oM M lSzM qQs l Axi Sri mokl xok
Mr xWi Axi u Sri M up bOM M sr ore SU
M lkUh, ElM xUcl, mUmYui u Auk- lkUh M Mr
M SZUZ MUl Wi Axi Sri mokl xqi (LLsxA) M
aPl Mr W|
oM l SlM 01.01.2015 x iUsi muUh Almi (LsxAU)
M xok q pUir Ueu oM M SzlSz M Mrlui Mr
W | rj 31.03.2015 M oM M LsxAU lrliq ulrqM
lkUi 60% x AkM W |
Market Risk Management
The Market Risk framework of the Bank aims at
maximizing the return by providing inputs regarding
the extent of market risk exposures, the performance
of portfolios vis-a-vis the risk exposure and comparable
benchmarks.
Integrated Mid-Ofce and Mid Ofce of Integrated
Treasury of Risk Management Wing is monitoring Market
Risk exposures. Exposure limits, such as, Stop Loss Limits
on Trading Book, intraday and overnight limit for various
Currency Positions, Dealer-wise limits, Aggregate Gap
Limit, Limits on Money Market Operations, Modied
Duration Limits for investment portfolio and VaR limits
are xed to act as risk mitigants/triggers. These limits,
along with other triggers, are monitored on a daily
basis. A robust reporting system is in place for effective
management of Market Risk.
Operational Risk Management
Operational Risk Management framework in the Bank
is based on ethics, organization culture and strong
operating procedures, involving corporate values,
internal control culture, effective internal reporting and
contingency planning.
The Bank has adopted polices for management of
Operational Risk, which covers various aspects, such as,
Operational Risk Management Structure, Outsourcing
Activities and Business Continuity Plan. At present,
the Bank is in the process of migration to Advanced
Approaches of Basel III framework from Basic Indicator
Approach (BIA). The Bank has initiated process/activities
for implementation of Advanced Approaches and to put
in place Incident Management, Key Risk Indicators (KRI),
Risk Control & Self Assessment (RCSA), Scenario Analysis
to compute capital charge for Operational Risk.
Asset Liability Management
Asset Liability Management (ALM) system addresses
issues related to liquidity and interest rate risks in order
to maintain a good balance among spreads, protability
and long-term viability. The Board of Directors of the
Bank has constituted an Asset Liability Management
Committee (ALCO) to oversee ALM functions, including
xation of interest rates for various components of assets
and liabilities, its composition, maturity and duration.
The Bank has implemented the RBI guidelines with
respect to Liquidity Coverage Ratio (LCR) with effect from
01.01.2015. As at 31.03.2015, LCR of the Bank is above
the stipulated regulatory minimum of 60%.
35
xqW eZq
oM M upll Alwar, xr Eq u mrei CMCr W, e
oWArq aiukr q sa WL W | oM M Cl xqWM DMCr
q mrmi WxxSU Wl M MUh oM l xqW eZq mokl
li M Amlr W iM AiU xqW xuruWU M eZq M
mWcl MUi WL ElM Eci mokl Mr e xM AU xqWM
CMCr M oc Wi M OMUu x oci WL / Mq MUi WL,
MmUO Apzxl M xiU M EPr e xM AU urmU qlShQ
M xok q Cl CMCr M oc xui xuruWU M xi''
xli Mr e xM |
Ur mjqMiL
mjqMi Aaq
oM, Mw, xq Lu sb Eq, z, Aux, xq xZ, MqeU
ua AU ulS AsmxZrM xqSr xWi Ur mjqMiA
M up sr M mmi M qWiu Si A UW W|
rj qc 2015 M oM M mjqMi Aaq 20.94% M
uwluw u Se MUi WL `118234 MUQ mr mWc ar AU
40% M Alur qlSQ M isl q xqrei lus oM Gh
(L Ll o x) M mi 40.89% Wxs Mr ar |
mjqMi Aaq qc iM
2014
Ms mjqMi 97762 118234 20472
Mw 48797 58868
mir Mw 44268 51437
Mw si xZ xuiUh M iWi oM M Aaq 20.64% oRMU
`58868 MUQ iM mWc ar W exq 53 sZ x AkM
Mxl muUi WL W| Mw Gh i iWi oM l 18% Alur
qlSQ M isl q 20.36% mmi Mr W| uw 2014-15 M SUl
oM M Mw M xZ xuiUh 9% M uwluw u M xj
`45232 MUQ W ar W|
mir Mw M iWi oM M Aaq 16.19% M uwluw u M
xj ` 51437 MUQ W ar W| oM l LLlox M iWi 13.5%
M Alur qlSQ M isl q 17.79% Se Mr W| oM l
Mxl / aU-Mxl M Txs Gh / xqlr QO MQ
(exx) mSl MUl Wi uzw Aprl csr|
Group Risk
The Bank has various Subsidiaries, Joint Ventures and
Sponsored Entities, which are engaged in diversied
activities. As the Bank has considerable stake in these
Group Entities, it has adopted a Group Risk Management
Policy to identify and manage risk in intra Group
transactions and exposures to raise the standard of
Corporate Governance by reducing /avoiding conicts of
interest between the Group Entities and also to ensure
Arms Length Principle among Entities, in regard to
business parameters.
NATIONAL PRIORITIES
Priority Sector Advances
The Bank continues to accord importance to varied
goals under national priorities, including agriculture,
micro and small enterprises, education, housing, micro-
credit, credit to weaker sections and specied minority
communities.
Priority Sector Advances of the Bank as at March 2015
reached `118234 crore, recording a y-o-y growth of
20.94% and achieved 40.89% to Adjusted Net Bank Credit
(ANBC) against 40% mandated norm.
(Uz ` MUQ q) (Amt. ` Crore)
u Priority Sector As at March Growth
2015 Uz % Advances 2014 2015 Amount %
20.94 Total Priority Sector 97762 118234 20472 20.94
10071 20.64 Agriculture 48797 58868 10071 20.64
7169 16.19 Direct Agriculture 44268 51437 7169 16.19
With a focus on credit delivery to Agriculture,
the Banks advances under agriculture portfolio
increased by 20.64% to `58868 crore, covering
over 53 lakh farmers. Under agriculture lending,
the Bank achieved 20.36% to ANBC against 18%
mandated norm. During 2014-15, the Banks
agriculture credit disbursal increased to `45232
crore, with a growth of 9% over the previous year.
Advances under Direct Agriculture increased by
16.19% to `51437 crore and achieved 17.79% to
ANBC against 13.5% mandated norm. The Bank
undertook special campaigns for extending Crop
Loans/General Credit Cards (GCCs) facility to all
farmers/non-farmers.
36
uw M SUl oM l `8653 MUQ M 5.85 sZ Mxl QO During the year, the Bank issued 5.85 lakh Kisan
MQ (Mxx) eU Mr W| rj qc 2015 iM Mxl QO Credit Cards (KCCs), amounting to `8653 crore.
The credit outstanding under KCCs was at `10330
MQ M iWi oM M oMr Gh Uz `10330 MUQ j| oM l
crore as at March 2015. 5.39 lakh Kisan RuPay
5.85 sZ m Zi q x 5.39 sZ M Mxl m MQ eU Cards were issued against eligible accounts of 5.85
MUM 92% M Emsok Wxs M W| lakh, with an achievement of 92%.
uw M SUl oM l Alr mjqMi , ex Uer U mrei During the year, the Bank also extended nancial
Al ei / Al el ei xaPl, Aux AU xq xZ M assistance to other priority sectors, such as, State
iWi AjM xWri mSl M W| sponsored organization for SCs/STs, housing and
micro credit.
oM l up xUMU mrei relA, ex mklq
The Bank actively participated in various
UeaU rel (mLqAUuD), mklq UeaU xel Mrq
Government Sponsored Schemes, such as, Prime
(mLqDem), xuheri aq xuUeaU rel (LxeLxuD), Ministers Employment Generation Programme
xuheri zWU UeaU rel (LxeLxAUuD), qs Rl us (PMEGP), National Rural Livelyhood Mission (NRLM)
M q Lu mlux rel (LxLsAULx), ij upSM ore SU and Differential Rate of Interest (DRI) Scheme.
(QAUAD) rel q xr m x pa sr| As at March 2015, the outstanding advances under
the following Government Schemes aggregated to
rj qc 2015 iM lqlsZi xUMU relA M iWi MUo `960 crore, involving around 2.34 lakh beneciaries.
2.34 sZ spjr mU Ms oMr Aaq `960
960 MUQ UW |
up xUMU mrei relA M iWi Mr lwmSl Performance under various Government Sponsored
Schemes
(` MUQ q) (Amt. ` Crore)
qc 2015 MARCH 2015
rel M lq Scheme
Zi Uz Accounts Amount
mklq UeaU rel Prime Minister Rojgar Yojana
11258 143 11258 143
(mLqAUuD) (PMRY)
xuheri zWU UeaU rel Swarna Jayanti Shahari Rozgar
13785 104 13785 104
(LxeLxAUuD) Yojana (SJSRY)
xuheri aq xuUeaU rel Swarna Jayanti Gram Swarozgar
26243 159 26243 159
(LxeLxuD) Yojana (SGSY)
qs Rl us M q Lu mlux Scheme for Liberation and Reha-
342 1.36 342 1.36
rel (LxLsAULx) bilitation of Scavengers ( SLRS)
upSM ore SU (QAUAD) 171762 173 Differential Rate of Interest (DRI) 171762 173
mklq UeaU xel Mrq Prime Minister Employment Gen-
11082 380 11082 380
(mLqDem) eration Programme (PMEGP)
Ms 234472 960 Total 234472 960

upSM ore SU (QAUAD) M iWi 1.72 spjr M `173
MUQ M Aaq mSl Mr exq x aqh u Ak-aqh
zZA M Sr ar Aaq `133 MUQ UW|
xqe M xukUWi ua M xqjl q rj qc 2015 M 5.52
sZ Ae/Aee spjr M oM l `6466 MUQ M Aaq
mSl Mr | Ae / Aee M Sr ar Aaq Ms mjqMi
M Sr ar Aaq M 5.46% UW |
Advances to DRI stood at `173 crore, consisting of 1.72
lakhs beneciaries, of which, advances by rural and semi-
urban branches amounted to `133 crore.
In support of the underprivileged sections of the society,
the Banks advances to SCs/STs beneciaries amounted
to `6466 crore as at March 2015, covering 5.52 lakh
borrowers. The advances to SCs/STs comprised 5.46% of
total priority sector advances.

37
xqe M MqeU ua M Sr ar Ms Aaq 29% u M Advances to weaker sections grew by 29% to `38649
xj `38649 MUQ UW e 10% M Alur qlSQ M isl q crore, constituting 13.37% to ANBC against mandated
LLlox M 13.37% UW | norm of 10%.

rj qc 2015 M MqeU ua M Sr ar Aaq M up Various components of Advances to Weaker Sections as

bOM (` MUQ q) at March 2015 (Amt. ` Crore)

oMr Outstanding
Sectors
Zi Uz Accounts Amount
sb u xqi MwM, pqWl Small & Marginal Farmers,
qM MziMU, MwM u Landless Labourers, Tenant
oODSU Farmers and Share Croppers 3497318 33854
3497318 33854
MUaU, aq AU MOU Artisans, Village and
Ea 50443 729 Cottage Industries 50443 729
A e / A e e spj 551639 6466 SC/ST Beneciaries 551639 6466
Q AU AD Gh 171762 173 DRI Loans 171762 173
LxeLxuD spj 26243 159 SGSY Beneciaries 26243 159
LxeLxAUuD spj 13785 104 SJSRY Beneciaries 13785 104
LxLce/LleA/LqLTAD 112830 2499 SHGs/NGOs/MFIs 112830 2499
LxLsAULx M Aaq 342 1.36 Advances to SLRS 342 1.36

rj qc 2015 M ulS AsmxZrM xqSr M Sr ar As at March 2015, advances to specied minority

Ms Aaq `22766 MUQ UW e 15% M lkUi xiU M isl
q Ms mjqMi M Sr ar Aaq M 19.26% UW |
Ur aqh euM qzl
aqh uMx qsr U Mrlui AeuM (UwOr aqh Under the Scheme Aajeevika (National Rural
euM qzl) M iWi rj 01.04.2013 M oS Gh xWo
qWs xur xWri xqW (QosrLxLce) M `3.00 sZ
iM M Uz M sL 7% M SU x Gh xuk qWr MUr
eLa | Aa, iuUi m x Gh M cMi MUl us qWs xur
xWri xqW (QosrLxLce) M 3% M AiUYi ore AlSl
mSl M eLa | uiql q 150 ua - 1 es q rel M
Mrlurl Mr e UW W | Cx rel M Mrlui MUl M sL
MlU oM M lQs oM M m q crl Mr ar AU aqh
uMx qsr, pUi xUMU M xj xWqi ml mU WxiU
Mr ar | Bl sCl qkrq x xSxr oM U Su M mxii
M sL LM Asa uo mOs uMxi Mr ar |
Ur aq euM qzl (LlAULsLq) l SlM 01.04.2013
x uiql xuheri aq xuUeaU rel (LxeLxuD)
M mixjmi Mr W | WqU oM M uwrai rel M
AlSl M mzxl M sL lQs oM M m q crli Mr W |
LlAULsLq M iWi xcsi MlU oM xWi xp xSxr
oM M Ms Su lqlui W :-
communities aggregated to ` 22766 crore, accounting
for 19.26% of the total priority sector advances against
the stipulated 15% norm.
National Rural Livelihood Mission (NRLM)
Livelihood Mission) implemented by Ministry of Rural
Development, Women Self-Help Groups (WSHGs) credit
linked after 01.04.2013 would be provided credit facilities
at 7% ROI up to `3.00 lakh. Further, prompt repaying
WSHGs will get additional interest subvention at 3%.
Presently, the Scheme is being implemented in 150
Category-I Districts. Canara Bank was selected to act as
the nodal bank for implementation of the Scheme and
MoU was signed with Ministry of Rural Development,
Government of India. An exclusive web portal was
developed for submission of claims by member banks
through online mode.
NRLM has replaced the existing SGSY Scheme with effect
from 01.04.2013 and the Bank is selected as Nodal Bank
for administration of the subsidy for the subject scheme.
The consolidated claims handled under NRLM for
all member banks, including Canara Bank, are as
under.

38

Zi M xZr
uw
(uxiuM)
2013-14 619933
2014-15 411499
Ms 1031432
xq, sb u qkrq Eq
Eq (LqLxLqD) EkU
rj qc 2015 M xq, sb u qkrq Eq (LqLxLqD) M
mSl Mr ar Aaq 21.11% u M xj `60604 MUQ W
ar | xq u sb Eq (Lq u LxD) ua M Sr ar Aaq
46305 MUQ UW AU Cxq Alur 20% qlM M isl q
26.16% M u Se WD | qkrq u sb Eq (LqLxLqD) q
xq Gh M Wxx mNs uw M 55.84% M ssl q xkU
Se Wl WL 60% UW | xq Eq Zi M xZr q Alur
10% M isl q 33.22% M u WD |
uw M SUl oM l LqLxLqD M Gh muW oRl M sL
MD mWs ML |
Gh mxiu M iuUi mxxMUh M sL Sz pU q 162
uzwMi LxLqD zZL ij 48 LxLqD xsp (uzwMi
LxLqD mxxMUh MlS) MrUi W |
xq u sb Eq M MD xmM mipi M ol ij
xUsMi Gh zi mU ur xWri mSl MUl M sL
QYOx cCx, LqLxD xqO, LqLxLqD Mm, LqLxLqD
uWl, LqLxD uei, MlU MlOYOU rel, MlU MUu,
nsuU ij LqLxLqD LYxm ex ZQ uzw relA M
z Mr ar |
uzw YsxOU ij aiukr M mSl M elus Gh M
oRl M sL lL / YsxOU uzw relA ex Ale
zsU rel, Ss qs rel, Me mxxU rel AS z
Mr / eU UZ ar |
eaMi mS MUl M sL qa xZ zuU M Arel
Mr ar ij LqLxLqD M Gh muW oRl M sL
xi M AmUh Mr ar |
xTs Eqi M sL xW qaSzl u AuzrM elMU
mSl MUl M Ezr x up xUMU upa ij xjlr
xaPl M AkMUr M zqs MUi WL Sx zWU q lL
Eqr M sL zZU (xqqO) xqqsl M Arel Mr
ar |
mUrel UmO irU MUl M sL, qsrMl M sL ij
LqLxLqD Eqr M mUqzS xuL Emsok MUl M
sL mc qZr MlS q LqLxLqD mUqzS xu M M
aPl Mr ar |
(` MUQ q) (Amt. ` Crore)
Su M aD No of Accounts Amount of
Year ( Actual) Subsidy claimed
AlSl Uz
268.41 2013-14 619933 268.41
204.10 2014-15 411499 204.10
472.51 Total 1031432 472.51
Micro, Small & Medium Enterprises (MSME) Lending
Advances to MSMEs increased by 21.11% to `60604 crore
as at March 2015. Credit to Micro & Small Enterprises
(M&SE) segments rose to `46305 crore, with a 26.16%
growth against mandated 20% norm. Share of Micro
credit in M&SE improved to 60% from 55.84% last year.
The number of Micro Enterprises accounts recorded a
growth of 33.22% against mandated norm of 10%.
During the year, the Bank took several initiatives to
increase the ow of credit to MSME sector.
162 specialized SME branches and 48 SME Sulabhs
(Specialised SME Processing Centres) for faster
processing of credit proposals are functioning
throughout the country.
To extend nancial assistance to micro and small
enterprises without any collateral security and
with relaxed lending terms, new segment specic
schemes have been launched, such as, Doctors
Choice, MSE SMART, MSME CAP, MSME Vahan, MSE
Vijeta and Canara Contractors Scheme, Canara
CARAVAN, Flavour and MSME Expo .
To increase exposure to specic clusters and
activities, new area/cluster specic Schemes have
been launched/continued, such as, Rice Shellers
Scheme, Dal Mills Scheme and Cashew Processors
Scheme.
Mega Credit camps were conducted to create
awareness and pool sources for increased credit ow
to MSME sector.
Summits were arranged at ten centres for start-up
entrepreneurs, involving functionaries from different
Government Departments and local industrial
organizations for necessary inputs and guidance for
successful entrepreneurship.
MSME Consultancy Services Cells were established
in ve major centres for project report preparation,
appraisal and other consultancy services to MSME
entrepreneurs.
39
 Acs Mrsr xiU mU xq Eq M xWri mSl MUl
M sL xq Eq MUoU MlS M xjml M aD |
LqLxLqD Eqr M umhl mrx M xWri mSl MUl
M sL oM l www.canbankemart.com lq x uoxCO
u ElM EimS M mSzl M sL D-xOU z Mr W |
oM l LqLxLqD M iWi oM M up mWs M xok q
Eci elMU M sL www.canaramsme.com uoxCO
z M W |
LqLxLqD aWM U LqLxLqD AuSl M mxiiMUh u
OMa urmM iU mU Mr ei W |
mWs oU oM x Gh AuSl MUl us LqLxLqD
Eqr M qsrMl MUl M sL LM QO xMUa qQs
z Mr W |
EpUi Eqr M up AuzrMiA M mi, ex
LqLxLqD M iWi clir u AuxU x xoki elMUr
M Aiqxi MUl, xar M Arel, mzh mWs,
xoki xaPl M xj ucU-uqz AS ij lrqi
mMA M qkrq x E M mcU-mxU M sL upa q
Eq uMx MlS M aPl Mr ar W |
LqLxLqD CMCr M laUl u Txsl mokl xok
mWsA mU aU MUl M sL ij xUMU SzlSz
M AlxU LqLxLqD CMCr M mlux u mlaPl M
qkrq x qSS MUl Wi upa q LM uzw M M aPl
Mr ar W |
ruA M oc Eqi M mixWi MUl M sL ij
AlMUhr oll M sL Uer xiU mU xuq MrlwmSl
MUlus LqLxLqD Eqr M sL mUxMU rel mri
M aD W|
xZ xo me AjM xWri rel (xLsxLxLx) M
iWi LqLxLqD M iMlM xiUrl Wi lQs Lelx M m
q oM l uw M SUl xq, sb u qkrq Eq, pUi xUMU x
`21.93 MUQ M Uz mmi M AU uw M SUl Cx mU Uz M
lqcl Mr ar | CxM xj-xj oM l iMlM xiUrl
lk rel (OrLTLx) M iWi `73.21 MUQ M AlSl, Z
mxxMUh Ea M iMlM xiUrl (LqALTmAD) M iWi
`6.40 MUQ M ij cl Emq 2014 (LxDLTLLxr)M
ur xWri mSl MUl M sL `87 sZ M AlSl mmi
Mr u mU Uz M lqcl p Mr ar |
Micro Enterprises Business Centres were established
at Circle Ofces for handholding Micro Enterprises.
In order to support the marketing efforts of the
MSME entrepreneurs, the Bank has launched a
website www.canbankemart.com and also E-store to
display their products.
The Bank has launched an exclusive website
www.canaramsme.com for easy access and
understanding of MSME initiatives.
The online submission of MSME applications and
tracking thereof by the customers is facilitated and
used extensively by the MSME clientele.
The Bank has introduced a Credit Scoring Model to
evaluate the MSME entrepreneurs who apply loan
from the Bank for the rst time
Entrepreneur Development Centre has been set
up at Head Ofce to cater to the needs of budding
entrepreneurs by way of assimilation of information
regarding the challenges and opportunities under
MSME, conducting of seminars, training initiatives,
interaction with the concerned organizations and
propagation of the same through regular bulletins.
An exclusive set up has been established at Head
Ofce to look into the aspects of monitoring, slippage
management and handholding in times of stress by
way of rehabilitation and restructuring of MSME
units as per Government guidelines
The Bank has instituted awards for best performing
MSME Entrepreneurs at State level to promote and
encourage entrepreneurship amongst the youth.
The Bank received an amount of `21.93 crore from
the Ministry of Micro, Small and Medium Enterprises,
Government of India, during the year as a Nodal Agency
for Technology Upgradation of MSMEs under Credit
Linked Capital Subsidy Scheme (CLCSS) and fully released
the amount during the year. The Bank also received
and released subsidy of `73.21 crore under Technology
Upgradation Fund Scheme (TUFS), `6.40 crore under Plan
Scheme of Technology Upgradation of Food Processing
Industries (MOFPI) and `87 lakh under Scheme for
Extending Financial Assistance to Sugar Undertakings
2014 (SEFASU).
40
ur xquzl
uiir xquzl M mi xqa SMh
oMa xu M SrU x oWU UW ar eli M oMa M qZrkU
M Aiai sl M qs Ezr x uiir SrU x oWU u uzw
m x xqe M xqi ua M ur EimS u xuA M
qWr MUl M sL oM mrxUi W | pUi xUMU u pUir
Ueu oM M lSz M AlxU oM ur xquzl M LeQ
M up xqW q cU qWiumh Emr, ex oMa xUcl M
uxiUh, Eci ur EimS M mzMz, maM M urmM
AU aWl Emra AU WikUM xWpai M xj xr m x
Aa oR UW W |
uw M SUl, oM l SzpU M oM UWi 10049 AoOi au
M xTsimuM muUi Mr | oMa xuk UWi au q 270
ur xquzl zZL Zs AU Cx mMU zZ qQs M iWi
ur xrquzl us Ms zZL oRMU 806 W aD | oM l
il MmUO MUoU milkr (ox) lqi: qxx COa qC
xxOqx (m.) sqOQ, qxx Tl mOM ij qxx xLxx
C-aullx xuxe CQr sqOQ M zqs MUi WL MUoU
milk (ox) qQs M iWi 2459 MUoU milk LeO
(oxL) M lrYi Mr W | CxM xj oM l 544 Ai sb
zZL Zs exq x 65 M ur xquzl zZA M m
q xiUrl Mr ar W | rj qc 2015 M 479 Ai sb
zZL MrUi W |
uiir xquzl zZA q MUoU eOr el
rj qc 2015 M u.x. zZA M MUoU `8670 MUQ M
xiU iM mWc | Cl zZA M eqL Ms eqA M 54% M
xj 2149 MUQ UW |
qs oci oM eq (oLxoQ) Zi M xji
oM l uw M SUl 54.56 sZ oLxoQ Zi Zs exx qs
oci oM eq (oLxoQ) Zi M xZr rj qc 2015 M
`2401 MUQ M Ms eq M xj 1.39 MUQ iM e mWc |
xZ xoi
uiir mWc xlzci MUl M Sz q oM U Mr ar
LM AU xjM mrx W eW oM l MlU lr Sz rel
M iWi Cl-osO AuU QnO (ADAQ), Mxl QO MQ
Financial Inclusion
A Holistic Approach to Financial Inclusion
With the basic objective of bringing the large unserved
population under the banking mainstream, the Bank
is striving towards a more inclusive growth by making
nancial products and services available to nancially
excluded and marginalized sections of society in
particular. As per the Government of India and the Reserve
Bank of India directions, the Bank has been actively
pursuing the agenda of Financial Inclusion (FI), with key
interventions in four groups, viz., expanding banking
infrastructure, offering appropriate nancial products,
making extensive and intensive use of technology and
through advocacy of Financial Literacy.
During the year, the Bank has successfully covered all the
allotted 10049 unbanked villages across the country. The
Bank opened 270 Financial Inclusion (FI) branches during
the year in unbanked villages, taking the total tally of
FI branches to 806 under branch model. The Bank has
engaged 2459 Business Correspondents Agents (BCAs)
under Business Correspondents (BC) model by engaging
three Corporate BCs, viz., M/s Integra Micro Systems (P)
Ltd, M/s Fino Paytech and M/s CSC e-Governance Services
India Ltd. Besides, the Bank had opened 544 Ultra Small
Branches (USBs), out of which 65 were upgraded as
FI branches. There were 479 USBs operational as at
March 2015.
Business canvassed in the new FI Branches
The business of FI branches reached a level of `8670 crore
as at March 2015. The CASA deposits of these branches
stood at `2149 crore, constituting 54% of total Deposits.
Position of Basic Savings Bank Deposit (BSBD) Accounts
The Bank opened 54.56 lakh BSBD accounts during
the year, taking the tally of BSBD accounts as at March
2015 to 1.39 crore, with an outstanding deposits of
`2401 crore.
Credit Linkage
Financial deepening is yet another endeavour by the
Bank in providing various other facilities, like, In-Built
Overdrafts (IODs), Kisan Credit Cards (KCCs), General
41
(Mxx), xqlr QO MQ (exx), upSM ore SU
rel (QAUAD), xu xWri xqW (LxLce), xq xZ
xqW (Lqxe), xq oq u xq mzl ex upll Alr
xukL mSl M W | uw M SUl EmU xZ xoi q xkU Nayee Disha Scheme. Improvement in the above credit
lqlui W:
Cl-osO AuU QnO ADAQ - `66 MUQ Uz x 3.30
sZ spjr M Cl-osO AQ xuk M Alqi S
ar |
Mxl QO MQ (Mxx) - uw M SUl, oM l `8653
MUQ Uz x 5.85 sZ MQ spjr M eU Mr |
rj qc 2015 M Mxx M iWi Gh M oMr `10330
MUQ UW |
QAUAD - uw M SUl oM l QAUAD rel M iWi
70332 urr M uiimwi Mr exM Aiai `99
MUQ M Ms xWri mSl M ar | uwi iM 1.71 sZ
Zi xWi QAUAD q oMr ` 172 MUQ UW |
xu-xWri xqW (LxLce) - uw M SUl 41319
xu-xWri xqW (LxLce) M aPl Mr ar | Ms
`903 MUQ xWi 42066 xu-xWri xqW (LxLce)
Gh xo WL | uwi iM 114698 sZ LxLce Zi
xWi LxLce q oMr `2456 MUQ UW
xq oq
uw M SUl oM l xq oq li M iWi 70320 oLxoQ
ZikUM M oq muUh qWr MUr |
xq uii zZL
oM l zWU MlS q 19 xq uii zZL Zs W | Cl
zZA l rj qc 2015 M Ms `441 MUQ M MUoU
eOr W |
MlU aqa rel
19 luoU 2013 M oM M xxjmM Sux M AuxU mU, oM U
AaMi 65 au u 3 faa fmQ r M xW qrl q uMx by the Bank for bringing in socio-economic and cultural
xli MUl M Ezr x MlU aqa lqM LM lD rel
M zpUp Mr ar iM xZ u aU-xZ xqjl M eUL
xqeM - AjM u xxMiM mUuil sr e xM
uir xUi MlS (LTLsx)
oM l Aq sa M ur xUi mSl MUl M sL 65
uir xUi MlS xjmi Mr W | Ao iM Cl xUi MlS l
17 sZ sa x xmM Mr W ij 2.05 sZ sa M xsW
S W | oM l up xUi rMsm lqlui Arei M W:
MqM oM `qS AU oci' 09 pwA q mMzi MU
MU AkzWU u aqh zZA M qkrq x aqh N u
MwM xqSr q 2 sZ sa M uiUi Mr ar |
Credit Cards (GCCs), Differential Rate of Interest Scheme
(DRI), Self Help Groups (SHGs), Micro Credit Groups
(MCGs), Micro Insurance and Micro Pension under Canara
linkages during the year is as under.
IODs - In built OD facility permitted to 3.30 lakh
beneciaries, amounting to `66 crore.
KCCs - During the year, the Bank issued
5.85 lakh KCCs, amounting to `8653 crore. As at
March 2015, the credit outstanding under KCCs was
at `10330 crore.
DRIs- During the year, the Bank nanced 70332
persons under DRI Scheme, with total assistance of
`99 crore. DRI outstanding at the end of year was
1.71 lakh accounts, with a balance of `172 crore.
SHGs - 41319 SHGs were formed during the year and
credit linked 42066 SHGs, with credit of `903 crore.
The outstanding SHGs at the end of the year stood at
114698 accounts, with a balance of `2456 crore.
Micro Insurance
The Bank provided life coverage to 70320 BSBD account
holders under Micro Insurance Policy during the year.
Micro Finance Branches
The Bank has opened 19 Micro Finance branches in urban
centres. These branches mobilized a total business of
`441 crore as at March 2015.
Canara Gramodaya Scheme
On 19th November, 2013, the Banks Founders Day, a
new Scheme called Canara Gramodaya was launched for
holistic development of 65 villages and 3 slums adopted
changes through credit and non-credit support.
Financial Literacy Centres (FLCs)
The Bank has set up 65 FLCs to provide nancial education
to common man. So far, these FLCs have contacted 17
lakh persons and counselled 2.05 lakh persons. The Bank
has conducted various Financial Literacy activities as
under:
A comic book on Money and Savings was brought
out in 9 languages and distributed to 2 lakh people
through the rural and semi urban branches to reach
the rural students and the farming community.
42
 iqs lQ, MlOM u MUs q Aah LleA/LxLce M
1057 liiu M sL 35 ur xUi Mrq Arei ML
aL |
MlOM Uer aqh xUMU xMs q oMa AU u mU
Mrq Arei ML aL exq OosO mx M qkrq
x 26 xMs q 5000 N spui WL ij EU mSz M
AaU u AsaR es M 30 aqh xMs q MqM
oM uiUi MUi WL 30,000 N M spui Mr ar |
MlOM M cSa es q 5 aqh xMs q 46 zM
M sL ur xUi Mrq M Arel Mr ar, e
oS q N M ur xUi mSl MUa ij Elq ur
eaMi uMxi MUa |
oM l EU MlU AU zqa es q ur xUi Tsl
Wi 20 ral lOM M Arel U 4500 aqh M
sp mWcr ar |
WqU aqh u Ak-zWU zZA M qkrq x pUir
Ueu oM U WlS q mMzi ur QrU sa q
uiUi MUi WL 70000 sa M spui Mr ar |
MlOM Uer M xSU aqh q 8 sZ sa M MuU
MUi Wi xqSrM UQr xOzl (90.4 LT Lq) mU oMa
u u mU ur xUi Mrq mxUi MUr ar |
mq oas u AQx M sa M xqcU m q uml
M eUL mx xUi UZl mU zi Mr ar |
sa M xq u, xUi luz, exx, Mxx,
oLxoQ Zi u LqLxLqD mU ur xUi mU zi
MUi WL 6 Ou uml irU MU SUSzl M Ur u
xWrS cls mU pUir Ueu oM M Yue mirai M
xp Mrq q mxUi MUr ar |
oWU, AQx, EU mSz u mq oas Uer q ur
xUi M m q 100 lYYQ lOM Arei ML aL |
eluU 2015 M SUl 3 xucNM xxjl M xWra x 13
ur xUi Mqm saL aL exq 720 mipar M
mzi Mr ar |
MlOM q AMzuh LTLq mU Ms mz, MOqo Wl''
lqM mUcc Mrq mxUi MUi WL mklq elkl
rel M xp sp u uuUh M oii WL sa M slSl
MUl Wi mixWi Mr ar |
35 Financial Literacy programmes were organized for
1057 leaders of NGOs/SHGs in Tamil Nadu, Karnataka
and Kerala.
Financial literacy programme on banking and nance
was conducted for the rural Government Schools in
Karnataka State through the use of Tablet PC in 26
schools and about 5000 students were beneted
and in 30 rural schools each in Agra and Aligarh
districts in Uttar Pradesh by distributing the comic
books, beneting 30,000 students. Financial Literacy
programmes were also organized for 46 teachers in
ve rural schools in Chitradurga district, Karnataka
who in turn will impart nancial literacy to the
students and upgrade their nancial awareness.
20 Yakshagana plays were organized to spread
nancial literacy to the villagers in the districts of
Shivamogga and Uttara Kannada, beneting 4500
villagers.
Financial Diary in Hindi brought out by RBI and
distributed to the public through our rural and semi
urban branches, reaching 70000 people.
Financial Literacy programmes on banking and
nance was broadcast through Community Radio
Station (90.4 FM) to cover 8 lakh population in remote
rural areas in Karnataka State.
People of West Bengal and Odisha were educated
on safe parking of their funds through the paper
advertisements.
6 Television Commercials (TVCs) made on Financial
Literacy educating the public on micro insurance,
safe investment, GCCs, KCCs, BSBD accounts and
MSME and telecast during all episodes of RBI quiz
telecast through DD National and DD Sahyadri.
100 Street Plays, as a part of Financial Literacy, were
conducted in the States of Bihar, Odisha, Uttar
Pradesh and West Bengal.
13 Financial Literacy Camps conducted in association
with 3 voluntary agencies, wherein 720 participants
were trained during the month of January 2015.
A Radio talk and interaction programme on Kali
Purse, Kaitumba Hanawas aired in Karnataka on All
India Radio FM, giving all the benets and details
of Pradhan Mantri Jan Dhan Yojana (PMJDY) and
motivating the people to do transactions.
43
 ur xUi q ie sl M sL uzw m x LM
xukmSi M lr M W |
SzpU q uir xUi xreM UZ aL e Aml Em
q oM q M laUl u ElW mixWi MUi WL sa M
AkM slSl MUl M sL mixWi MU xM |
oM q M pUir oMa u u CTxOYcU sea
u TClxrs xuxe xxjl M qkrq x mzi Mr
ar | ElW oM u MmUO ox U oMa u maM mWs
mU aWl mzh p Sr ar |
AkU lqMl
oM l 7 AkU lqMl Lexr M mlso Mr W | Ao iM
Ms 101 sZ lqMl ML e cM W | oM 100 AkU xZr
xQa MUi WL xp oM q mjq xjl mU W |
mir sp AiUh (QoO) rel Mrlurl
oM l xzki QoO/ QoOLs M iWi luoU 2014 x
`328.85 MUQ mxxMi MUi WL 81.27 slSl M xTsimuM
xcsl Mr W |
mklq el-kl rel (mLqeQuD
oM l mLqeQuD M iWi 64.76 sZ Zi ZsMU xp
Zi q m QoO MQ eU Mr W | Cl Zi q `858
MUQ Mx eq eOr W |
oM q D-MuDx Emra M sMmr oll M sL xp
zZA ij ox xjl mU D-MuDx AuSl Emsok
MUr W | CxM AiU xqr-xqr mU D-MuDx Aprl
p csr ar W |
oM q M qkrq x pail xuk mSl MUl Wi ElW
mS WxikUi qzl M m MQ xuMU MUl Wi xqji
Mr ar W |
AixiMi M xj olD aD rel M qkrq x xp
AoOi 3962 LxLxL ij 3371 uQ q mUuU M xuh
Mr lkUi xqr xq M piU mU Mr ar | AoOi
LxLxL ij uQ q mirM mUuU q Mq x Mq 1 Zi
Zs aL | oM l 69.67 sZ bU M xuh Mr W ij
mr W M 35 sZ mUuU M mx Aml oM Zi lW W
| oM l 60.38 sZ Zi Zs W ij 10 SxoU 2014 M
xp LxLxL ij uQ M xbli bwi MU Sr W ij
pUi xUMU U xUW ar W |
oM l 11 luoU 2014 M MUs Uer, eW oM Uer xiUr
oMU xqi (LxLsox) M xreM W, M xbli bwi
MU Sr W |
A Facilitator engaged exclusively for intensifying the
Financial Literacy efforts.
Financial Literacy Coordinators were engaged Pan
India to monitor and motivate the Bank Mitras to
accelerate Financial Literacy in their Sub Service
Areas (SSAs) and encourage the people to do more
transactions.
Bank Mitras were trained through Indian Institute
of Banking & Finance and Infrastructure Leasing &
Financial Services Limited. They were also provided
with extensive training on Banking and Technology
aspects by the Bank and the Corporate BC.
AADHAAR Enrolments
Bank has empanelled 7 Aadhaar Enrolment Agencies. A
total of 101 lakh enrolments have been done so far. The
Bank occupies number 1 position among all the Banks
in Aadhaar seeding, with 100 lakhs Aadhaar numbers
seeded.
Implementation of Direct Benet Transfer (DBT) Scheme
Bank has successfully launched modied DBTL from
November 2014. 81.27 lakhs transactions amounting to
`328.85 crores have been processed under modied DBT/
DBTL.
Pradhan Mantri Jan Dhan Yojana (PMJDY)
The Bank opened 64.76 lakh accounts under PMJDY
and RuPay Cards have been issued to all accounts.
These accounts have mobilized a CASA deposit of
`858 crore.
To popularize the e-KYC usage in the Bank, e-KYC
application has been ported in all branches and BC
locations. In addition, e-KYC campaigns have been
launched from time to time.
To provide the facility of payments through the Bank
Mitras, handheld devices provided to them was
enabled to accept the RuPay Cards.
Through meticulous planning, the Household survey
was completed in all the allotted 3962 SSAs and
3371 Wards well within the timeline. Each household
in the allotted SSAs and Wards were covered with
at least one account per household. The Bank has
surveyed 69.67 lakh households and found 35 lakh
households were not having their accounts. The Bank
opened 60.38 lakh accounts and declared all the SSAs
and Wards as saturated on 10th of December 2014
and was appreciated by the Government of India.
The Bank declared the State of Kerala as saturated on
11th of November, 2014, where the Bank is Convenor
of the State Level Bankers Committee (SLBC).
44
 oM l mLqeQuD M iWi Os T loU (1800 425 11
222) mSl MUi WL zMri luUh i xjmi Mr W
ij Ex Ur SlM q mMzi MUr ar W | Cx loU M
WqU xp mLqeQuD M uml, mM,olU u mxOU q
mMzi MUr ar W | oM l up xjl mU olU/WQa/
mxOU u us mOa sar W | qSh u CsYOlM qQr
M qkrq x mcU xli Mr ar W |
Aah oM rel
Ur Uekl Sss M 03 qO es q oM M AiU Aah
oM EUSriu Sr ar W | CxM xj W oM M Aah oM
EUSriu M xZr oRMU Sz M 29 es q W aD W elq
x MlOM q 08, iqslQ q 07 MUs u EUmSz q 05,
Sss q 03 AU oWU q 01 es q W | MUs q rW oM
UerxiUr oMx xqi(Lx o Lxs x) M xreM W |
qWs xzMUh
qWsA M AjM xzMUh M sL mkl Mrsr,oasU
q qWs Eqi uMx MlS (xDQQosr) AU 47 Acs
Mrsr q MlS Mr MU UW W| Cl MlS U uw 2014-15
M SUl 33126 qWsA M sp mWci WL 391 mzh
Mrq M Arel Mr ar W elq 184 xqlr /Mzs
Eqi uMx Mrq (DQm), 78 Eqi eaMi Mrq
AU 80 xar/MUrU aCQx Mrq zqs W | oM l 49
MlU Eixu /MlU oeU Arei MUi WL qWs Eq M
umhl xWri p Emsok MUr | qWs Eqi uMx MlS
l ClW xur xWri xqW lqh u QO sMe q xWri
M W | MlOM M WUWss q xji aqh xuUeaU mzh
xxjl Eqi uMx Mrq U qWsA M Mzs mzh
Si W AU up uruxr q xuUeaU Emq z MUl M
sL ElW xq oli W | xxjl U xjml M oS x 18569
qWsA M mzi Mr W, elq x 1061 qWsA M uw
2014-15 M SUl mzi Mr ar W |
oM l qWs aWM mU krl Sl Wi S uzwMi qWs oMa
zZA M Asu SzpU M 14 zZA M mh qWs
MqcU zZ'' q mUuii Mr W | oM l rj qc 2015 M
`37783 MUQ M Gh oMr M xj 23.86 sZ qWsA M
xWri M W ij pUir Ueu oM M LLlox M 5% M
Akql AuzrMi M Lue q 13.07 mmi Mr W | qWsA
M AlM Urri S ar W exq NA M z Gh q mi
lrq q NO M xj 0.50% ore SU q Urri, `2 MUQ iM
M LqLxLqD Gh M iWi qWs spjr M 0.50% ore
Urri zqs W | uw M SUl xq u sb Eq M iWi qWs
spjr M sL `200 sZ iM M Gh M sL LM lD Gh
rel LqLxD uei'' sa M ar W | oM U qWsA M
sL AlM NO u xukA M xj LM uzw oci oM EimS
MlU qWs oci rel p sa M ar W |
The Bank has put in place a Grievance Redressal
Mechanism by providing a toll free No (1800 425 11
222) for PMJDY and the same has been published
in national dailies. The number is also published in
all our PMJDY advertisements, leaets, banners and
posters. The Bank has put up banners/hoardings/
posters and wall paintings at various locations.
Publicity ensured through print and electronic media.
Lead Bank Scheme
The Bank has been assigned additional lead bank
responsibilities in 3 Metro Districts of Delhi National
Capital Territory. With this, the Banks lead bank
responsibilities increased to 29 districts in the country,
viz., 8 in Karnataka, 7 in Tamil Nadu, 5 in Kerala, 5 in Uttar
Pradesh, 3 in Delhi and 1 in Bihar. The Bank is the Convenor
of the State Level Bankers Committee (SLBC) in Kerala.
Women Empowerment
Department of Women Empowerment at Head
Ofce, Bangaluru and Centres for Entrepreneurship
Development for Women at 47 Circle Ofces are working
towards economic empowerment of women. These
Centres organized 391 training programmes, benetting
33,126 women during 2014-15, including 184 General/
Skill Entrepreneurship Development Programmes
(EDP), 78 Entrepreneurship Awareness Programmes, 80
Seminars/ Career Guidance Programmes and 49 Canara
Utsav/ Canara Bazar Marketing Melas. The Centers have
also assisted in formation of SHGs and credit linkages.
An exclusive Rural Self Employment Training Institute
was set up at Harohalli, Karnataka to provide EDP skill
trainings to women in various vocations, enabling them
to take up self employment ventures. 18,569 women
have been trained since inception, out of which 1061
women have been trained during 2014-15.
Apart from 2 exclusive Mahila Banking Branches, catering
to the banking needs of women, the Bank has converted
14 branches into All Women Employee Branches across
the country to give a focus to women clientele. The Bank
assisted 23.86 lakh women, with credit outstanding
to the tune of `37783 crore as at March 2015 and
achieved 13.07% to ANBC as against RBIs requirement
of 5%. Several concessions have been given to women,
including relaxation in eligibility norms and 0.50%
interest concession on educational loans to girl students,
0.50% interest concession for loans and advances to
women beneciaries under Micro & Small Enterprises
upto `2 crore. A new Loan Scheme MSE Vijeta has
been introduced during the year for granting loans
upto `200 lakh to women entrepreneurs under Micro
& Small Enterprises. Canara Mahila Savings Scheme, a
special Savings Bank Product with many concessions and
facilities, was also launched by the Bank for women.
45
 MmUO xqeM Sriu
xLxAU aiukr q Miql xjmi MUl
oM xxjmM xi u xSr mUl mUqmU M msl MUi WL
up MmUO xqeM Sriu (xLxAU) aiukr q sa
WA W | oM M MmUO xqeM Sriu mWs oWArq W
exq oUeaU aqh ruM M mzi MUl ,mjqM xuxjr
SZps, mr es, xqSrM uMx, qWs xzMUh u Alr
xqeM mWs zqs W |
aqh uMx
aqh ruA q Eqi uMx u xuUeaU aiukr M
oRu Sl M M sL MlU oM zioS aqh uMx OxO
(xoxAUQO) M qkrq x oM l 26 aqh xuUeaU
mzh xxjl, 05 xcl maM xxjl u 03 zsmMU
mzh xxjl xWi 34 uz mzh xxjl xjmi Mr
W| uw 2014-15 M SUl Cl xxjl U 27960 Aprjr
M mzi MUl M xj W 73% M mpuzs UeaU SU x
zAi x Ae iM oUeaU ruM M mzi MUl M xZr
2.41 sZ W aD W |
oM l xuUeaU Mrq AUqp MUl Wi aqh ruA M
mzh Sl q sa WL 17 Uer q Alr 27 aqh uMx
AU xulrei mzh xxjl(QxO) M xW-mrei Mr
W | uw 2014-15 M SUl Cl xxjl U 24092 Aprjr M
mzi MUl M xj W 73% M UeaU SU x oUeaU ruM
M mzi MUl M xZr 3.70 sZ W aD W |
oM l WSUoS q aqh u u Eq uMx Wi Alk mSz oMx
xxjl/ Wsrs, MlOM q MlU oM SzmQ AULxDOAD,
oasMO, MlOM q MlOM Mxl xxkl MlS (M LT AU
x) u oasU q pUi U Lq uUr mzh xxjl M
xW mrei Mr W|
xqrM m x oM l 66 mzh xxjl M mrei /xW
mrei Mr W eW 73% M lmOl SU M xj AoiM 6.11
sZ oUeaU ruM M mzi Mr ar W |
oM l qWs Eqr, xur xWri xqW u zsmMU M ElM
EimS M umhl Wi WD OM, MxOq lqi, xU Ee csi
`ZSU qoDs umhl ul' Sl Mr W |
uw M SUl oM l xLx AU Mrq M iWi xqSr M sp
Wi lqlsZi oWxZrM aiukr M W |
CORPORATE SOCIAL RESPONSIBILITY
Setting Examples in CSR Activities
Following founding principles and century old tradition,
the Bank is engaged in varied Corporate Social
Responsibility (CSR) activities. CSR initiatives of the
Bank are multifarious, covering activities, like, training
unemployed rural youth, providing primary health care,
drinking water, community development, empowerment
of women and other social initiatives.
Rural Development
The Bank, through its Canara Bank Centenary Rural
Development Trust (CBCRDT), has established 34
exclusive training institutes, including 26 Rural Self
Employment Training Institutes (RSETIs), 5 Institutes
of Information Technology and 3 Artisan Training
Institutes to promote entrepreneurship development
among rural youth and encourage them to take up self-
employment activities. During 2014-15, these Institutes
trained 27,960 candidates, taking the tally to 2.41 lakh
unemployed youth since inception, with an impressive
settlement rate of 73%.
The Bank has co-sponsored another 27 Rural Development
and Self Employment Training Institutes (RUDSETIs)
across 17 States, engaged in training of rural youth
for taking up self-employment programmes. During
2014-15, these Institutes trained 24,092 candidates,
taking the tally to 3.70 lakh unemployed youth, with a
settlement rate of 73%.
The Bank has co-sponsored Andhra Pradesh Bankers
Institute for Rural and Entrepreneurship Development
(APBIRED) at Hyderabad, Canara Bank Deshpande RSETI
at Haliyal, Karnataka, Karnataka Farmers Resource Centre
(KFRC) at Bagalkot, Karnataka and Bharat Ratna Shri M
Visvesvaraya Training Institute at Bengaluru.
Cumulatively, the Bank has sponsored/ co-sponsored
65 training institutes, which have trained 6.11 lakh
unemployed youth so far, with a settlement rate of 73%.
The Bank has donated a hi-tech, custom built, solar
powered Retail Mobile Marketing Van to assist women
entrepreneurs, SHGs and artisans to market their
products.
During the year, the Bank undertook a number of
activities for the benet of the communities as part of
CSR programmes.
46
 au q QnsUQzl - Uux Bxq
cMossmU u MsU es M 217 au q z mr
es xuk Emsok MUl M sL QnsUQzl - Uux
Bxqxx msO M qWiuM mUrel M zAi M
W | Cx mUrel M sai sapa 17.58 MUQ W | xjml
Mr mai mU W |
Aah es M 130 xMs q osMA M sL zcsr
lqh: oM l MmUO xqeM Sriu M iWi 26 Aah
es M mirM q 05 xMs q 3.52 MUQ sai x zcsr
lqh mUrel mrei Mr W | zcsr M lqh Mr
90 xMs q mU W cM W |
MlU u eri rel: MmUO xqeM Sriu mWs M
iWi pUi U Q. o AU AqoQMU M pupl es
u z M oRu Sl M sL aqh CsM M Alxci
ei/ elei M NA M ur xWri mWcl Wi
`MlU u eri rel' M zAi M aD j | mirM
aqh zZ M AkMU M Aiai 06 NA M
ur xWri mWcl Alur MU Sr ar j | M 5u
x 7u iM M N M sL xWri M Uz `2500 mi
N ij 8u x 10u iM M N M sL `5000 mi N
lkUi M aD j | uw M SUl 1.52 MUQ M Uz 3733
N M uiUi M aD W |
au M xqlui uMx: uzs aqh u Ak zWU aWM
AkU M krl q UZi WL oM l MlU aqSr rel M
iWi 65 au u 03 aS oxir M ElM xqlui uMx Wi
AaMi Mr W | Cl au M uMx M sL oeO AuOl
MU Sr ar W | oM xjD AkU mU mUrel csl M
sL mio W |
uMsa ur M oWiU eul el M sL xWri:
uMsa ur M xWri mWcl M sL xql ucU us
Lexr; ex LLsADLqxA (Mq Aa lqi) MlmU
M up m x xq sa M sL laQ, qkr mSz; xu
lMil, cUZQ UrmU q mzh xW Auxr usr M
xjml Wi Mqm sal, LYzl TU LosO QusmqO u
ClYsel (LLQ AD), lD Sss M MUrU uMx M M
xjml, xlWSm OxO M os Oxmxl CYumqO u uzw
znOurU U MlS U SWl M MmrOU mzh M sL,
MlU oM UWi u Msrh xqi oas M os Oxmxl
MlS Erl M sL xWri mSl MUi WL AlM Mrq
csL aL |
Bxqxx msO: oM l De-uoridation - Reverse Osmosis plants in villages:
The Bank has undertaken an ambitious project
of providing De-uoridation - RO plants for pure
drinking water facility in 217 villages of Kolar and
Chickaballapur districts. The estimated cost of the
project is about `17.58 crore. The installation work
is under progress.
Construction of Toilets for Girls in 130 Schools in Lead
Districts: The Bank has sponsored the project under
CSR for construction of toilets for girls in 5 Schools in
each of 26 Lead Districts at a cost of `3.52 crore. The
construction of toilet is completed in 90 schools.
Canara Vidya Jyothi Scheme: As a humble homage
to Bharat Ratna Dr B R Ambedkar and to encourage
education, a Scheme of extending nancial
assistance to SC/ST girl students from rural areas,
viz., Canara Vidya Jyothi Scheme was launched
under CSR initiative. Each rural branch of the Bank
was mandated to extend nancial assistance to
6 girl students of their command area. Amount
of assistance was xed at `2500 per student for
students of class 5th to class 7th and has `5000
per student for students of class 8th to class 10th.
During the year, an amount of `1.52 crore has been
disbursed to 3733 students.
Integrated development of villages: Keeping in
mind the vast rural and semi-urban client base, the
Bank has adopted 65 villages and 3 slums for their
integrated development under Canara Gramodaya
Scheme. Budgetary allocation for development
has also been made for these villages. The Bank is
committed to run the project on sustainable basis.
Support to persons with disability to lead a better
life: A number of programmes in association with
like minded agencies have been taken up to support
persons with disability like assistance to ALIMCO
(Articial Limb Manufacturing Company), Kanpur,
for conducting camps in Nagda, Madhya Pradesh;
Seva Niketan, Cherrikhedi, Raipur, for setting up
training centre cum residential school for differently
abled persons, Action for Ability Development &
Inclusion (AADI), New Delhi, for setting up of Career
Development Cell; Sneha Deep Trust for extending
Computer training to visually impaired with special
software and Braille transcription equipment, Canara
Relief & Welfare Society, Bengaluru, for upgrading
Braille transcription centre.
47
 eUiqS sa M xxu / Cse MUl M sL mii
eUiq
Axmis x EmMUh M ZUS M sL ur xWri:
xqe M AjM m x MqeU ua M Ua M Cse MUl
M sL laUM MlSi Axmis M xWri ex xu
Axmis AU lxeul QCoOe Axmis, erSu
CxOO BT MQruxMsU ul oasU M MQrM
Mj so M sL, us CxOO BT BTjsqse M
ADMrU rlO M luMUh M sL, uMOzuU UqlUrh
Cr xUMU Axmis imi M Lqosx, xuq uuMllS
aqh xuxjr SZps MlS, muaQ M qoCs Lqosx
M sL, xUMU Axmis LlMsq M slrU MxU EmMUh
CirS M sL xWri mSl M aD |
oM l qWiq ak U xoUqi Aq AWqSoS q xjmi
xqlj Nsr q mzhjr M qspi xukL mSl
MUl Wi `56 sZ M xWri mSl M W |
xucN usr Aprl: oM l iqslQ Uer M QQas
u qSU es M 200 xMs q zcsr M lqh Wi
5 MUQ AzSl Sl u xucN usr Aprl q xWpai
M sL pUi xUMU x CcN eiD W |
AjM m x mNQ mUuU M o M xWri M sL
zhM xxjl M olrS xuk mSl MUl M sL
xWri: es mzxl cMossmU, MlOM M qWs
Mse M lqh u es mxiMsr Wi, xUxui zz
qlSU xxjl qUP M S usr q MmrOU mSl MUl
ij xMs ox ZUSl Wi, MlU oM eos LQMzl TQ
oas M oM oM M xucsiMUh Wi, qssUq zz
uWU oasU M zh M irU MUl Wi, Mwh xql
xMs, siU, qWU M D - zh M irU MUl Wi,
aeUi Mqx Mse, AWqSoS M D - zh M irU
MUl ij Aeqmqe uusr, oas M qkrq x 25
xliMU N M Nu mSl MUl Wi ur xWri
mSl M aD |
xxSr xqi U lUh
uw M SUl xxSr rcM xqi, xxSr Aklxj ukl
xqi ij xxSr MqM xjr xqi, xuelM zMri
xjr xqi, uk u lrr xjr xqi, xxSr Uepw xqi
M ixU Em xqi AU Uepw Mrlurl mU xr Lu AsZ
xqi l oM M lUh Mr |
Extending nancial support for procuring equipments
by reputed hospitals to serve/treat deserving needy
people: Assisted citizen centric hospitals, like,
Sevakshetra Hospital and Jnanasanjeevini Diabetes
Hospital, Jayadeva Institute of Cardiovascular
Sciences, Bengaluru for Cardiac Cath Lab, Vittala
Institute of Ophthalmology for refurbishment of
Mobile eye care unit, Sri Venkateshwara Ramnarayan
Ruia Government Hospital, Tirupati, for equipping
with Ambulance, Swami Vivekananda Rural Health
Care centre, Pavagada for Ambulance, District
Hospital, Ernakulam, for Linear Cancer equipment
etc., treating patients from economically weaker
sections of the society.
The Bank has provided nancial support amounting
to `56 lakh for providing infrastructure to trainees
at Somnath Chhatralaya in Sabarmati Ashram,
Ahmadabad, started by Mahatma Gandhi.
Swachh Vidyalaya Campaign: The Bank has submitted
willingness to Government of India to participate
in Swachh Vidyalaya Campaign and contribute an
amount of `5 crore for construction of 200 toilets in
schools in the districts of Dindigul and Madurai of
Tamil Nadu State.
Supporting Educational Institution for development
of infrastructure for helping the children from
economically backward families: Financial assistance
extended to District Administration, Chikkaballapur,
Karnataka for construction of womens college
and District Library at Chikkaballapur; Saraswathi
Shishu Mandir Institutions, Meerut, for providing
computers to 2 schools and purchasing a school bus;
Canara Bank Jubilee Education Fund, Bengaluru for
automation of book bank; Malleshwaram Shishu
Vihar, Bengaluru for construction of class rooms;
Sri Kishan Somani School, Latur, Maharastra for
setting up e-class rooms; Gujarat Commerce College,
Ahmedabad for e-class; and scholarships to 25 Post
Graduate students through Azim Premji University,
Bengaluru.
Visits by Parliamentary Committees
During the year, Parliamentary Committees on Petitions,
Subordinate Legislation and Standing Committee on
Personnel, Public Grievances, Law & Justice visited
the Bank.
48
 xaPl AU xWri xuL ORGANISATION AND SUPPORT SERVICES

zZ lOuM Branch Network

xqmh pUi q Emxji M uxiU Expanding Pan India Presence

uw M SUl oM l lD 928 bUs zZL eQ aD W ij
eWxoa (Sh ATM) u lr rM (rLxL) q 2 uSz
zZL p Zs W | rj qc 2015 M oM M 7 uSz zZL
xWi 5682 zZL W |
During the year, the Bank opened 928 domestic
branches across the country and 2 branches overseas at
Johannesburg (South Africa) and New York (the USA). As
at March 2015, the Bank had 5682 branches, including 7
overseas branches.

zZ lOuM M xUcl Composition of Branch Network

zZA M xZr
uw M SUl No. of Branches Opened
h Category during the
31.03.2014 31.03.2015 Zs aL 31.03.2014 31.03.2015 year
qOmsOl 894 1004 362 Metropolitan 894 1004 362
zWU 928 1111 285 Urban 928 1111 285
Ak zWU 1484 1756 168 Semi-urban 1484 1756 168
aqh 1444 1804 113 Rural 1444 1804 113
uSz 5 7 2 Overseas 5 7 2
Ms zZL 4755 5682 930* Total Branches 4755 5682 930*

* uw M SUl il zZA M usr MU Sr ar | * 3 branches were merged during the year.

The Bank added 26 Specialized Branches during the year,
oM l uw M SUl 26 uzw zZL eQ W exx qc 2015 taking the total tally under the Specialized Branches to
iM uzwMi zZA M Ms xZr 288 W aD W | 288 as at March 2015.

uzwMi zZA M h 31.03.2015 Categories of Specialized Branches 31.03.2015

1. Lx Lq D 161 1. SMEs 161
2. qQ MmUO zZL 34 2. Mid Corporate Branches 34
3. xq u 19 3. Micro Finance 19
4. Axi uxs molkl 16 4. Asset Recovery Management 16
5. mCq MmUO 12 5. Prime Corporate 12
6. uSz 11 6. Overseas 11
7. Mw u 10 7. Agri-Finance 10
8. Alux pUir 6 8. NRIs 6
9. oci 5 9. Savings 5
10. AaM u 3 10. Industrial Finance 3
11. xOM LYxce 2 11. Stock Exchange 2
12. me oeU 2 12. Capital Market 2
13. qWs oMa 2 13. Mahila Banking 2
14. uMsa M sL zZL 1 14. Branch for Physically Challenged 1
15. uzwMi xUMU MUoU zZ 4 15. Specialized Govt Business Branch 4
Ms 288 TOTAL 288

49
uMsmM QsuU cls q mai
2014-15 M SUl 4021 MlS q Ts oM l UMQ 2221
LOLq Zs exx LOLq M Ms xZr 8533 W aD W |
UrMi oM M h q oM LOLq xZr q Auus W | oM
M QoO MQ AkU qc 2014 M isl q 1.51 MUQ x
oRMU 2.55 MUQ W aD W|
oM M crli zZA q LOLq, Aue lSzl xuk r
lMS eq MrxM, cM eq MrxM, mxoM xuqSh MrxM,
COUlO oMa Oqls, BlsCl OQa Oqls AU MmUO
uoxCO LYxx xuk us 132 WD OM D-sle MrUi W |
crli D-sle q COUYOu uQr xqqsl xuk p Emsok
MUr ar W |
oM U AmlL aL up uMsmM uiUh cls M mUhq
xum mNs uw M 43.84% M isl q rj qc 2015 M
D-slSl 50.21% iM oR ar |
aWM M AlMs xcl iMlM mWs
uw M SUl oM l aWM M xukj MD iMlM EimS /
xu Emsok MUL |
mrsO Mrlurl M sL D-MuDx M qkrq x xucsi
Zi Zsl M xuk mz Mr ar|
OosO mx M qkrq x, Oo oMa,
UWi Zi Zsl M xuk |
COUlO oMa q Aui eq oS MUl M xuk xqji
Mr ar |
mLqeQuD M Aji oq Su M sL mOs Emsok MUr
ar |
up aWM ZQ M AuzrMiA M mi M sL lD
mMU M MQ, ex m msOlq QoO MQ
mjq oM), uSz rr M xukj LMkM qS usO
r AiUr mmQ uSz qS MQ, MUoU QoO MQ
ij E qsrius aWM M sL MlU usQ lq x
mqrq QO MQ, Emsok MUr ar
MQkUM M xukj QO MQ M uiql olx mrO
M eaW mU MlU UuQ x rel |
MlU D ClToM - 8 r pwA (WlS, Aae, MQ,
iqs, qsrsq, isa, qUP u oas) q Emsok D mxoM,
e sMU oMa u D-sle sMOU ex uki xuA M
xj xp qoCs msOTqx mU Emsok W |
Progress in Alternate Delivery Channels
During 2014-15, the Bank added a record 2221 ATMs,
taking the total number of ATMs to 8533, spread across
4021 centres. The Banks ATMs strength was the highest
among nationalized banks. The debit card base of the
Bank rose to 2.55 crore compared to 1.51 crore as at
March 2014.
132 hi-tech e-lounges were functional in select branches
with facilities, like, ATM, Cash Deposit Kiosk with voice
guided system, Cheque Deposit Kiosk, Self Printing
Passbook Kiosk, Internet Banking Terminal, Online Trading
Terminal and Corporate Website Access. Interactive Video
Conference System was also made available at select
e-lounges.
As a result of various alternate delivery measures adopted
by the Bank, e-transaction ratio increased to 50.21% as at
March 2015 compared to 43.84% last year.
Customer-friendly InfoTech Initiatives
During the year, the Bank introduced several tech-
products/services for the convenience of the customers.
Automatic Account Opening through e-KYC released
for pilot implementation.
a xUsMi u Mae Tab Banking, a simplied and paperless account
opening facility through tablet PC released.
RD closure facility enabled in internet banking.
Portals for insurance claims under PMJDY released.
New Card variants introduced to cater to the
requirements of different segments of customers,
viz., Rupay Platinum Debit Card (rst bank to
introduce), International Travel Prepaid Card in
MQ (z MUlus foreign currency with multi currency wallet for the
convenience of foreign travellers, Business Debit Card
and Canara World, a premium Credit Card variant for
HNI Customers.
Canara Rewardz Scheme in lieu of the existing
bonus points for Credit Cards for the convenience of
the cardholders.
Canara e-Infobook, an e-passbook, extended to 8
regional languages (Hindi, English, Kannada, Tamil,
Malayalam, Telugu, Marathi and Bengali) in all
mobile platforms, with added facilities, like, locker
appointment booking and e-lounge locator.
50
 MlU Lq-usO-MQ UWi u lMS UWi slSl M sL 2
TYOU mqhMUh xqji qoCs Lmm e WuD, ox OMO
AUh, QOLc Uce ij os pail M urmM Ue q
xUi slSl xuk mSl MUi W |
zwUz mNiN, xmi uuUh, Lq-ml oSsu, lk AiUh
(ur x ur u ur x Zi) xuA M xj Ur
LMMi rLxLxQ msOTq (Llrrm) mU rLxLxQ xuL
xqji Mr ar |
sMU LYxx M sL orqOM mqhMUh
muxr M lMS AiUh M sL MlU De Mz mz Mr
ar |
MlU m-xu (Oc xl MrxM Almra)mz Mr ar |
LOLq Cxiqs MUi WL MQ M qkrq x Sz lk AiUh
xuk
mqO aOu xuA M sL 3 lL LaaOx ex qxx
LquOe, xOx m xsrzlx ij m O Lq M xj aPokl
Mr ar |
qxx os QxM M xj qsMU os pail M sL oM M
uoxO q LMs xOm xCO, ClxO m xqji Mr ar |
WlS u Aae M Asu r pwA (MQ, qsrsq,
iqs, isa, qUP, aeUi, meo) q LOLq slSl mc
M qSh
COUlO oMa q MmUO aWM M sL os pail xuk
xqji Mr ar |
ADLqmLx M qkrq x uSz AuM umwh xqji Mr
ar |
xunO
xunO slSl M sL LxLqLx AsO xqji Mr ar |
QoOLs (Lsme AlSl M xzki mir sp AiUh)-
uMsm I (Zi ukMUh) ij uMsm II (ALqx M Zi
uuUh M maWh / mxiiMUh) uMxi MUM eU Mr
ar |
LlAUDeL pail M sL AkU qma - aqh uMx
qsr U mwi TCs M mxxMUh AU xoLx mMe
q AkU mu xok elMUr M ukMUh u mwh M sL
xnOurU mMe uMxi MUM eU Mr ar |
MUoU xmMMi Oqls M qkrq x rADQLAD xirml
Cxiqs MUi WL D-MuDx xu xqji Mr ar |
Canara m-Wallet, a mobile app for cardless and
cashless transactions across the variety of merchants,
released with 2-factor authentication enabled for
customer convenience and safety for ight, bus
ticket booking, DTH Recharge and a wide range of bill
payments.
USSD Services enabled on National Unied USSD
Platform (NUUP) with the following services
Balance Enquiry, Mini Statement, Change M-Pin,
IMPS Funds Transfer (Person to Person and Person to
Account).
Biometric authentication for locker access.
Canara easyCash released for cash transfer to migrant
population.
Canara P-Serve (Touch Screen Kiosk Application)
released.
Domestic funds transfer facility through card using
ATMs.
Tied up with 3 new Aggregators, viz., M/s EmVantage,
M/s Citrus Pay Solutions and M/s PayTM for Payment
Gateway Services.
Enabled one stop site for bill paymentInstaPay in
the Banks Website, in tie-up with Aggregator M/s
Billdesk.
Printing of ATM receipts in any 3 languages (English,
Hindi and regional language).
Bill payment facility enabled for corporate customers
in internet banking.
Foreign Inward Remittance through IMPS enabled.
SMS Alert for SWIFT transactions enabled.
DBTL (Modied Direct Benet Transfer of LPG
Subsidy) both Option I (Account Validation) and
Option II (capturing/ submitting account details to
OMCs) developed and released.
Aadhaar Mapping for NREGA Payments, Software
Package for processing les sent by the Ministry
of Rural Development and validating and sending
Aadhaar seeding entries to the CBS developed and
released.
e-KYC Service using UIDAI verication enabled
through Business Correspondent Terminal.
51
 Sz aWM u Alux aWM M Zi zw ell M Missed call to 092892 92892 to know account balance
sL qx Msx xZr qz: 092892 92892 u 9192892 for domestic customers and 9192892 92892 for NRI
92892 ij Aiq il slSl xok elMU M sL qxQ customers and missed call to 092891 92891 to know
Ms xZr 092891 92891 eU W ij sMmr olr e last 3 transactions continued and popularized.
UW W |
Compliance to International Standards
AiUr qlM M Almsl
The Bank has fully implemented the recommendations of
oM l xcl xU, DsYOlM oMa, iMlM eZq molkl the RBI Working Group (Chairman, Shri G Gopalakrishna)
u xCoU kZkQ M sL pUir Ueu oM MrMU xqW on Information Security, Electronic Banking, Technology
(Akr- e amsMwh) M xTUz M mhmh sa Mr Risk Management and Cyber Frauds. The Bank obtained
W | oM l 12.04.2014 M ADLxA 27001:2013 mqhMUh the ISO 27001: 2013 Certication on 12.04.2014.
mmi MU sr W |
Manpower Prole
elz mTCs
As at March 2015, the Bank had 53984 employees on its
rj qc, 2015 M oM q 53984 MqcU j | rolls.
qc 2014 qc 2015 March 2014 March 2015
MqcUr M Ms xZr 48794 53984 Total No. of Employees 48794 53984
AkMU 20878 23372 Ofcers 20878 23372
YsM 18770 20268 Clerks 18770 20268
Aklxj MqcU* 9146 10344 Sub-Staff* 9146 10344
*AzMsM MqcU xWi (mOD) * includes part-time employees (PTEs)
The Banks staff comprised 43% Ofcers, 38% Clerks and
oM M MqcUr q 43% AkMU, 38% smM u 19%
19% Sub-Staff. Women employees comprising 15303
Aklxj MqcU W | qWs MqcU 15303 W e oM M Ms constituted 28% of the Banks total staff. The total
MqcUr M 28% W | qc 2015 M pimu xlM MqcUr number of ex-servicemen staff as at March 2015 stood at
M Ms xZr 546 W | oM M Us mU uMsa MqcUr M 546. There were 1123 Physically Challenged Employees
xZr 1123 W | on the rolls of the Bank.

uw M SUl, oM l 8296 urr M up MQU q lr During the year, the Bank recruited 8296 persons in
various cadres, out of which, 1762 belonged to Scheduled
Mr W, exq x 1762 Alxci ei (Lxx) x xoki W u
Castes (SCs) and 571 to Scheduled Tribes (STs) categories.
571 Alxci el ei (LxO) x xoki W | Cxq uw M SUl This includes 546 ex-servicemen recruited in various
up MQU q lr WL 546 pimu xlM p zqs W | cadres during the year.

uw M SUl up MQU M iWi 2544 qWs MqcU lr 2544 women employees were recruited and 503 women
WD AU 503 qWs MqcU mSi WD | employees were promoted under various cadres during
the year.
Lxx u LxO M xok q AUh li Reservation Policy in respect of SCs and STs
rj qc 2015 M, Alxci ei u Alxci el ei M As at March 2015, the number of Scheduled Castes and
Ms xZr oM M Ms MqcU xZr M 26.76% W | qc Scheduled Tribes together constituted 26.76% of total
2015 M oM M MqcUr q Lxx / LxO M xrel staff strength of the Bank. The composition of SC/ST
lqlsZi W: employees in the Bank as at March 2015 is as under:
MQU Alxci ei Alxci el ei Cadre Scheduled Castes Scheduled Tribes
AkMU 4105 1631
Ofcers 4105 1631
YsM 3829 1212
Aklxj MqcU Clerks 3829 1212
3120 547 Sub-staff + PTEs 3120 547
+ mOD
Ms 11054 3390 Total 11054 3390

52
pUi xUMU M SzlSz AlxU Alxci ei u Alxci
el ei M xok q oM AUh li M xZi x Almsl
MUi W |
(M) AUh li mS AkUi UxOU M i M qkrq x Mrlui
WA W | u qsr, pUi xUMU M SzlSz AlxU
oM l xp MQU Wi mS AkUi UxOU M i mU xuc
AuU MU sr W |
(Z) xUMU M SzlSz AlxU Alxci ei u Alxci
el ei us Aprjr M xok q xk pi M xj-xj
mSi Wi p oM l AUh / Urri / NO mSl M W |
(a) Alxci ei u Alxci el ei us Aprjr M
mu-lr u mu-mSi mzh Sr ei W | smM
u AkMU xua q pi Wi m Aprjr x AuSl
qalus uml q Lxx/LxO/mQosrQ/AsmxZrM
xqSr/pimu xlM Aprjr M mu-lr mzh SL
el M xok q LM uzw xSp Sr ei W | Clq x u
Aprj, elWl mulr mzh M uMsm cl W, M
sZi mU u xiMU Sl M sr mzh Sr ei W
| mzh M Auk 2 xmiW M W | Akrrl xqa, lOoM,
xOzlU xp Aprjr M l:zsM Sr ei W | eW p
xpu W, xoki Uer xUMU p xUMU / mNQ ua M
WxOs q UWl M xuk Emsok MUi W |
(b) oM l UxOU M AlUh M u AUh li M Alr mWsA
M Mrlurl M xli MUl Wi mkl Mrsr q AU
xj W Acs Mrsr q p Lxx / LxO M xjmi
Mr W |
(X) AUh li M Mrlurl M xli MUl Wi mkl
Mrsr q qZr xmM AkMU M lqMi Mr W AU
Acs Mrsr q p xmM AkMU M lqMi Mr ar
W | Aa, mir m x r i Lxx/LxO xb M qkrq x
Alxci ei / Alxci elei x mmi ApruSl mU
qZr xmM AkMU/xmM AkMU U krl Sr era |
eW p AuzrM W, AuzrM mNiN M era u Emr
MruW M era | Alxci ei / Alxci el ei
x mmi up ApruSl M UMQa Wi LM Asa x
UexOU UZ ei W AU M ar MruW M p UexOU q
lO Mr ei W |
The Bank has been strictly adhering to the Reservation
Policy in respect of Scheduled Castes and Scheduled
Tribes as per the Government of India guidelines.
(a) Reservation Policy is implemented through
mechanism of Post Based Rosters. In terms of the
directives of the Ministry of Finance, Government
of India, Bank has since switched over to Post Based
Rosters for all cadres.
(b) The Bank has been extending Reservation/
Relaxations/Concessions in Direct Recruitment
as well as in promotions to candidates belonging
to Scheduled Castes and Scheduled Tribes as per
guidelines.
(c) Pre-recruitment and pre-promotion training is
given to candidates belonging to SC/ST. In the
Advertisement inviting for the application from the
eligible candidates for recruitment to Clerical and
Ofcer Cadres, a specic reference is made with
regard to imparting of pre-recruitment training
to candidates belonging to SC/ST/PWD/Minority
Communities/Ex-SM. Such of those candidates, who
opt for pre-recruitment training are given training
to prepare themselves for written test as well as
interview. The duration of the training, is upto two
weeks. Study materials, note book, stationeries are
provided free of cost to all the participants. Wherever
possible, respective State Governments are also
providing the Lodging Facilities in Government/
backward class hostels.
(d) The Bank has setup SC/ST Cell at the Head Ofce
and also at Circle Ofces to ensure maintenance
of Rosters and implementation of other aspects of
Reservation Policy.
(e) Chief Liaison Ofcer has been nominated at Head
Ofce and Liaison Ofcers have been nominated
at Circle Ofces for ensuring implementation of
Reservation Policy. Further, representations received
from Scheduled Caste / Scheduled Tribe employees,
either directly or through the SC/ST Associations, are
being looked into by the Liaison Ofcer/Chief Liaison
Ofcer. Wherever required, necessary enquiries
are conducted and appropriate action is taken. A
separate register is maintained for recording various
representations received from Scheduled Caste/
Scheduled Tribe employees and the action taken is
also recorded in the register.
53
 EmU M Asu, Alxci ei / Alxci el ei
MqcU M milkr M oM M qZr MrmsM M xj
iqW oPM Wi osr ei W eW AUh li mU
SzlSz M Mrlurl mU mUcc M ei W | Acs
Mrsr q p iqW oPM M ei W eW UxOU UZ
ei W u rS MD zMri W i xmM AkMU U ExM
luUh Mr ei W |
(c) oM M lSzM qQs p AUh li q WL Mrlurl mU
A uwM u uwM AkU mU xq MUi W |
qlu xxkl uMx (LcAUQ) aiukr
oSsi WL oMa mUSzr M AlMs Wl Wi oM M qlu
xxkl lir M mUuii Mr ar W | TO sCl MqcUr
q uruWUM mUuil sl Wi LcAU mWs ex xnO Mzs
mzh Mrq AU mii xxjl M qkrq x MrmsM
M xuUl ij Alr qWiumh LcAU Osx ex xOQ xMs,
MqcU oPM u qxiwM qjl x M mpu Oq lqh AU
xqWM EiMi M oRu Sl M sL Mrlui Mr ar |
MqcUr M qlos M oRu Sl M sL AU ElW oMa M
up mWsA x zi MUl M sr up MmUO xmwh of banking.
M sr ar W |
oM l uxii mzh mrA M EeaU Mr W e AiUM
mzh, o mzh, Cl-Mml mzh u uSz mzh M
MuU MUi W | AiUM m x, oM M oasU q MqcU mzh
qWusr W AU 23 r MqcU mzh qWusr W |
uw M SUl oM l xZ ApqZMUh, umhl Mzs,
AkMUr, Mw uxiUh AkMUr u uzw AkMUr Wi
muz Mrq M MuU MUi WL 66052 MqcUr M mzi
Mr W | mzi MqcUr q x 12550 ur Alxci ei
ua x xoki W, 3963 ur Alxci elei ua x xoki
W | Ms mzi MqcUr q x 21797 qWs MqcU W |
oM l MD lr mzh Mrq mri u Mrlui Mr W ex
kZkQ eaMi u luUh, mjqMi xZ, aqh uMx
u ur xquzl, LqLxLqD, xu qqs, xo SzlSz mU
Almsl, MU oMa x mU - aWM uzswM AS |
oM l LM lM Mrq M Msml M rj, mip oM (OsO
oM) e mWcl Mr ar 10 q Mq MUl Wi xqlr
AkMUr M xq ollus Mrq W | Al us uw q
oM M krl Emr mip molkl u miTs mhs M xjml
MUl Wa | xpui liA M mWcll u Eiq Sriu sl
Wi ElM xuUl M sr Px mrx Mr era |
In addition to the above, the representatives
of majority Scheduled Caste / Scheduled Tribe
Employees Association are invited for Quarterly
Meeting with the Chief Executive of the Bank to
discuss on the implementation of guidelines on
reservation policy. Quarterly Meetings are also held
at Circle Ofces, where Rosters are maintained and
grievances, if any, are redressed by the Liaison Ofcer.
(f) The Board of Directors of the Bank also review the
progress made in the implementation of Reservation
Policy, half yearly and yearly.
Human Resource Development (HRD) Activities
The HR policies of the Bank have been revisited to suit
the changing banking scenario. HR initiatives, like, soft
skill training programme for bringing attitudinal change
among front line staff, Executive grooming through
reputed institutes and other signicant HR tools, like,
Study Circles, Staff Meetings and Brain Storming Sessions
have been implemented for effective team building
and fostering collective excellence. Various Corporate
Communications are brought out to boost the morale
of the employees and educate them on various facets
The Bank has in place exhaustive training processes that
cover Internal Training, External Training, In-company
Training and Foreign Training. Internally, the Bank has
Staff Training College at Bengaluru and 23 Regional Staff
Training Colleges.
The Bank trained 66052 employees during the year,
covering a wide range of functional areas including Credit
Orientation, Marketing Skills, Induction Programme for
Ofcers, AEOs and Specialist Ofcers. Out of the trained
staff, 12550 personnel belonged to the Scheduled Caste
category, 3963 belonged to the Scheduled Tribe category.
The total employees trained include 21797 women
employees. The Bank designed and implemented several
new training programmes, including Fraud Awareness
and Prevention, Priority Credit, Rural Development and
Financial Inclusion, MSME, Service matters, Compliance
on SEBI guidelines and beyond Core Banking - Customer
Analytics.
The Bank envisioned a novel programme, viz., Talent
Bank to provide opportunities for generalist ofcers to
assume the role of specialists in 10 identied streams.
Establishing a proper Talent Management and Reward
System will be the Banks focus in the coming years. There
will be concerted efforts to identify potential leaders and
groom them to take up higher responsibilities.
54
Aa, up mii xxjl ex M ADADLq, ADQAUoO,
xLo (AUoAD), LlADoLq, ADLqAD, LYxLsAUAD,
ADADxL, xs u LxADoLxOx mU MlSi krl u
AuzrMi AkUi mzh M qkrq x Mros M Si
oRl M sL oM M mrx eU W | xulkUi Mrq p
Arei Mr ar W iM MN As q rj, xZ, eZq
molkl, Mw mUcsl u xcl maM q uzwi M uMx
Mr e xM |
uU molkl xiU / Eiq molkl xiU M MrmsM Wi
AuzrMi M AkU mU uzw mzh M Arel Mr ar |
oM Aml AkMUr M Mzs xiU q mzh Wxim u ElW
luMi iMi u EixW M xj lwmSl MUl M sr mixWi
MUl M qkrq x MT WS iM raSl MUl q xTs UW W |
qlu xxkl mU lSzM qQs M Em xqi M, qlu xxkl
lir M xq u xkU MUl Wi AU MqcUr M Mr mWs
M xui MUl Wi xfu Sl M sr, aPi Mr ar W |
xaPliqM mUZ u mpui q mUuil
oRi WL MUoU eOsi ij MN mqZ MrMU mU
AkM krl Sl M AuzrMi M krl q UZi WL mkl
Mrsr M upa u Acs M mlaPl / mllqh Mr M undertaken. Post-reorganization, there are 23 Wings in
Mr ar | mlaPl M mi mkl Mrsr q 23 upa W |
MrMU EiMi Wi xaPliqM QeCl u xUcl M lUiU
AkU mU SZ ar ij Akrrl Mr ar | zZA u aWM
xu M xTiSrM olMU, zZA x o oRMU, UoxO
Axi AkU M u MUM u mUcsl qQs q xkU ex
MD uwr mU krl MlSi MUl M U oM M MrMsm MUl
M Ezr x oM l mUrel zZU' M zpUp Mr W | Cx
mUuil q oM M xWri asos molkl mUqzS Tq rj,
qxx oxOl mUqzS xqW (pUi) mCuO sqOQ (oxe)
MU UW W |
umhl AU mcU
oM l umhl M AU qeoi oll M sL uw M SUl MD
uzw MqM M xaPl x eQ AU LM mpu Aah mokl
mhs M xj, xp Acs Mrsr q uzw umhl MrmsM
U mrui umhl Alpa M aPl Mr | uw M SUl MD
Aprl M qkrq x oM M EimS M ur u mi o MUl
M sL umhl Rc l MD mWs M |
oM l Aml oQ Nu M AU oRl M sL uw M SUl MD
lL EimS AU xuA M sL mcU Aprl M zpUp Mr
AU uml, xqeM qQr AU umhl xmM ex xp
xkl M mpu Cxiqs Mr |
Further, the Banks quest to enhance the competencies
of the workforce continued through focused and need
based trainings at various institutes of repute, like,
IIMs, IDRBT, CAB(RBI), NIBM, IMI, XLRI, IICA, CRISIL and
SIBSTC. Customized programmes are also organized to
develop expertise in certain niche areas like Credit, Risk
Management, Treasury Operations and IT.
Specialized trainings to the Senior Management Level/
Top Management Level Executives are conducted based
on the requirement. The Bank has been able to add
substantially to the skill level of its ofcials through
training intervention and motivating them to perform
with renewed vigour and enthusiasm.
A Sub-Committee of the Board of Directors on HR is in
place to review and improvise the existing HR policies
and make suggestions to accelerate the employee
engagement initiatives.
Changes in the Organizational Setup and Effectiveness
Keeping in view the increased business complexities
and the need for imparting more focus on certain
key functional areas, the re-organization/re-aligning
functions of Wings at Head Ofce and Circles was
Head Ofce.
The organizational design and structure are continuously
revisited and studied for functional excellence. The Bank
launched Project Shikhar aimed at rejuvenating the
Bank by focusing on several themes, like, energizing
branches and customer service, increasing sales from
branches, growing a robust asset base and revamping the
operating model. Global Management Consulting rm
viz., M/s Boston Consulting Group (India) Private Limited
(BCG) is assisting the Bank in this transformation.
Marketing and Publicity
The Bank further strengthened marketing vertical during
the year by inducting specialized personnel into the setup
and also establishing marketing sections in all Circle
Ofces overseen by dedicated Marketing Executives, with
an effective lead management system. Marketing set
up has taken initiatives in cross selling and up selling of
Banks products by launching several campaigns during
the year.
The Bank also launched publicity campaigns for its
several new products and services introduced during the
year and used effectively all channels of communication,
including advertising, social media and marketing
collaterals to enhance its brand image.
55
aWMlqZi
iuUi xu Emsok MUl, uukMi EimS / xuL Sl, aWM M
mN-iN M euo u aWM M zMri M luUh MUl M U
oM aWM M AmA M Alm MSq EPi W| oxLxoAD
U eU M aD aWM M mi mioi xWi'' AU xzki
laUM cOU'' oM M uoxCO mU Emsok W| zZA U S
el us aWM xu M qsrMl MUl AU ExM mixcl
mmi MUl M sL oM M uoxCO q LM aWM xi xuh
mm'' Emsok MUD aD W| aWM x xfu mmi MUl M sL
uw M SUl 15.11.2014 x 30.11.2014 iM aWM mZuQ M
Arel Mr ar |
SqSUl xqi M Alzx M AlxU oM l SlM 31.08.2013
M qZr aWM xu AkMU (xxLxA) M lr Mr W e
oM M AiUM sMms M iUW Mq MUa |
Ms xOU, LMs xmM xZr 1800 425 0018 M xj WlS
AU Aae pw M Asu 6 r pwA rl oas, MQ,
qsrsq, qUP, iqs AU isa q aWM M zMri luUh
xuL Emsok MUi W | uw M SUl mmi Ms sapa 21.59
sZ j AU aWM zMri luUh M mizi 98% UW| oM l
MlU xuelM zMri luUh mhs mOs M iWi uoxCO
q zMri BlsCl Se MUl M sL BlsCl zMri luUh
xuk Mrlui M W| Ms xOU q mmi zMri M p
xmeAULx mMe M xj LMMi Mr ar | uw M SUl
2221 zMri xmeAULx q meMi ML aL ij xp
zMri M lkUi xqr xq M ASU luUh p Mr ar |
mzl xcsl M sL ij mzl xok zMri M luUh M
sL MlSMi mzl mxxMUh M M aPl Mr ar W | Zi
Zsl M sL p clS eaW mU MlSMi mxxMUh MlS M
xjml M W |
uw M SUl, MsU, AsaR, AaU, MroU, SQas, zZmU,
qSU, il, MsMO, qsmmUq, cUrmh ij zMUmU q
pUir Ueu oM u oxLxoAD oMa sMms M xrel
q OEl Ws aWM oPM' M Arel Mr ar |
uw M SUl oM l mNs uw M 1265 zMri M xj 108836
zMri (98214 LOLq xoki, 1553 sMms qqs, Emp
Customer Orientation
Several initiatives were taken to remain customer
focussed through providing fast service, bringing in
diversied products/services, responding to customers
queries and redressal of customer complaints. The Code
of Commitment to Customers issued by the Banking
Codes and Standards Board of India (BCSBI) and Revised
Citizens Charter are available in the Banks website.
To assess the quality of customer service rendered by
the branches and to get the feedback, a Customer
Satisfaction Survey Form is available in the Banks
website. Customers fortnight was conducted from
15.11.2014 to 30.11.2014, inviting suggestions from
customers.
As per Damodaran Committee Recommendations, the
Bank has appointed a Chief Customer Service Ofcer
(CCSO) on 31.08.2013, who shall act as an Internal
Ombudsman of the Bank.
Call centre with single point contact Toll free number
1800 425 0018 is functioning to cater to customers in
6 regional languages of Bengali, Kannada, Malayalam,
Marathi, Tamil and Telugu, besides Hindi and English for
redressal of grievances. The number of calls received by
the Call Centre during the year was around 21.59 lakh
and percentage of complaints redressal was 98%. The
Bank has implemented online grievance redressal facility
of customers in the website for lodging grievances online
under the portal Canara Public Grievance Redressal
System (CPGRS). The complaints received at Call Centre
were also integrated with CPGRS package. During the
year, Call Centre registered 2221 grievances in CPGRS
and all grievances were redressed as per prescribed
time norms. Centralized Pension Processing Cell has
been established exclusively for handling pensions and
resolving pension related grievances. Central Processing
Centres are established at selected places for account
opening purposes.
During the year, Town Hall Customers Meet was held at
Kolar, Aligarh, Agra, Coimbatore, Dindigul, Sheikhpura,
Madurai, Theni, Calicut, Malappuram Channarayapatna
and Shikaripura in association with the Banking
Ombudsman, RBI and BCSBI.
With the opening balance of 1265, the Bank received
108836 complaints during the year (including 98214
56
uuS luUh TUq q se ML aL 86 qqs, xUMU mOs ATM complaints, 1553 Banking Ombudsman Cases, 86
xmeAULLqLx M qkrq x 455 AU 8528 xqlr zMri) Cases lodged at Consumer Dispute Redressal Forum,
mmi ML, exq x 98.6% M luUh ML aL | 455 complaints through Government Portal CPGRAMS
and 8528 General Complaints), of which, 98.6% of the
mi Lu mrL complaints were redressed.
uw M SUl, Bl xCO AU.o.AD.L. M sL crli 2551 Systems and Procedures
zZA / CMCr q eZq AkUi AiUM sZmU (AU. Risk based Internal Audit (RBIA) was conducted in all the
o.AD. L.) xmll M ar / AU.o.L.AD. M xj-xj xcl 2551 branches/units programmed for onsite RBIA during
xU sZmU p xmll M ar / eqA M 71.97% AU the year. Information Security audit was conducted
Aaq M 76.26% M muUi MUi WL 754 crli zZA / along with RBIA. Concurrent/continuous audit was
CMCr q xaq / AuUq sZmU xmll M ar exq conducted in 754 branches/service units, of which 177
x 177 CMCr AiUM sZmUM U xaq / AuUq units were subjected to concurrent/continuous audit by
internal auditors and 577 branches / service units
sZmU M Akl W ij 577 zZL / CMCr o
were subjected to concurrent audit by external auditors,
sZmUM U xaq sZmU M Akl W - 551 zZL covering 71.97% of deposits and 76.26% of advances.
Ar / Uexu sZmU M Akl W exq iqW AkU mU 551 branches were subjected to income/revenue audit,
Ar sZmU M sL crli zZL p zqs W | oxi which included branches identied for income audit on
xP M Akri q xuelM M oM q AiUM u xaq quarterly basis. The Bank ensured full implementation of
sZmU mhs mU aPi xqi M xTUz M oM l mh the recommendations of the Committee on Internal and
m x Mrlurl xli Mr ar W | Concurrent Audit Systems in Public Sector Banks under
the Chairmanship of Shri Basant Seth.
zZA M AU.o.AD.L. M sL uo AkUi mMe M zpUp Web based package for RBIA of branches introduced.
Mr ar W mMe x, ol Mx qlur Wxim M zZA The package arrives at the Risk Rating of the branches
M xui W eZq hMUh lkUh Mr ei W MlU oM El automatically, without manual intervention. The Bank
oM q x LM W exl oxi xP xqi M xTUz mU is one of the few banks to introduce web based package
uo AkUi mMe M sa Mr W | oM l sZmU Mr M as recommended by the Committee on Internal and
Concurrent Audit Systems in Public Sector Banks. The
sL xulu AkMUr M xc q xqqsi Mr AU xjl
Bank has empanelled retired Ofcers for audit works and
mU W xkU MUl ij Ar Uxu M mi sal M sL mixWl also introduced incentive scheme for Spot Rectication
rel p sa Mr | and Detection of Income Leakage.

Aml aWM M elL (M.uD.x.) Know Your Customers (KYC)

oM U Aml aWM M elL (M.uD.x.), kl zkl luUM
(L.Lq.Ls.), AU AiMuS umwh x lmOl (x.LT.O.) M
mpu Mrlurl Wi upll Emr Mr ar |
MN mqZ Emsokr Lu Mr ar mWs lqllxU W:
rj 31.03.2015 M oW aWM ADQ M Q-QmsMzl
Mr M mU Mr ar |
MuDx / LLqLs / xLTO SzlSz M Almsl
xli MUl Wi mhs ec / xukl Emsok W |
SzlSz M eU MUM ij xqrM mzh M qkrq
x zZ MqcUr M E M xok q Auai MUr ar |
Acs Mrsr q MrUi MuDx / LLqLs / xLTO M
lQs MrmsM M zZA q E M Almsl xli
MUl M sL MrzsA M qkrq x SzlSz M Auai
MUr ar|
The Bank took various measures for the effective
implementation of guidelines on Know Your Customer
(KYC), Anti Money Laundering (AML) and Combating
Financing of Terrorism (CFT).
Some of the major achievements and initiatives taken
were as under:
Deduplication of multiple customers IDs completed
as on 31.03.2015.
System checks/enhancements are put in place to
ensure compliance to guidelines on KYC/AML/CFT.
Branch staff were sensitized by way of issuance of
guidelines and periodical training.
Nodal Executives for KYC/AML/CFT at the Banks
Circle Ofces were sensitized on guidelines by
arranging workshops and to ensure compliance at
branches.

57
BT xCO laUl:
LM xuxj BT xCO Almuil mhs (ixU AZ
mruh) M zAi M ar iM x.o.Lx. M Emra
MUi WL QxMOm sZmU M qkrq x sapa iiMs
AkU mU BT xDO slSl M Almuil Mr e xM |
xiMi uruxj
oM M xiMi upa M liiu qW mokM h M qZr xiMi
AkMU U Mr ei W AU ElM xqjl mkl Mrsr,
xp Acs AU r aqh oM AU oM M Alwar M
xiMi AkMUr U Mr ei W | xiMi upa M Ezr
Alzxl u uMx M xli MUl ij WqU oM M qWl
FcCr iM s el W |
oM M xiMi mokl q, luUM, xWpai u SQiqM Mr
zqs W, exM Ezr xui, lwm, u xuxj uiuUh xli
MUl W e xaPl M xuah uMx M sL AlMs W | ClW
sr M Amlr ar ij up xkl u cls M qkrq x
xqji Mr ar W |
xiMi eaMi Aprl M Az M m q, MlSr xiMi
Ara M lSz M AlxU, oM U SlM 27 AYioU 2014 x
01 luoU 2014 iM "pcU x xbw maM M xqjM M
pqM" uwr mU AkM krl M xj xiMi eaMi xmiW
M Arel Mr ar | m.AU uMO Uu, Em Msmi, CQr
rluxO lzls s xMs, oas l SlM 31 AoU, 2014
M oM M xp uU MrmsM ij MqcUr M xoki
Mr |
luUM, ZTr AU xfSU xiMi q xiMi AkMUr M
Mr / pqM M oU q eaMi sl ij xiMi AMwi
MUl us zMri / qqs M iUi lmOl q xoki Alpa
x AukM Aluil MUl Wi, oM M xiMi AkMUr M
eaM oll M sL SlM 03.11.2014 M r MqcU
mzh qWusr, aQau q xiMi AkMUr M xqqsl
Arei Mr ar |
uw M SUl oM oM M mir Lu mrA q lUiU xkU
xWi oMa M xp M zqs MUi WL luUM xiMi''
mU AkM os Sr ar |
Off Site Monitoring:
A robust Offsite Transaction Monitoring System, (the
third eye supervision) introduced, which monitors
the transactions off-site on a near real time basis
through desktop audit by leveraging Core Banking
System (CBS).
Vigilance Setup
The Vigilance Wing of the Bank is headed by the Chief
Vigilance Ofcer (CVO) in the rank of a General Manager.
The CVO is assisted by the Vigilance Ofcers stationed
at Head Ofce, all Circle Ofces, RRBs and the Banks
Subsidiaries. The objectives of the Vigilance Wing are to
ensure that discipline and development go in tandem
and help the Bank to reach greater heights.
Vigilance Management in the Bank include preventive,
participative and punitive functions, with an objective
to ensure free, fair and healthy environment, which is
conducive for all round growth of the organization. These
goals are pursued and promoted through various means
and channels.
As a part of the Vigilance Awareness campaign and in
conformity with the directives of the Central Vigilance
Commission, the Bank observed Vigilance Awareness
Week from 27th October 2014 to 1st November, 2014,
with focus on the theme- Combating Corruption,
Technology as an enabler. During the Vigilance Awareness
Week, on 31st October, 2014, Prof. R Venkata Rao, Vice
Chancellor, National Law School of India University,
Bengaluru, addressed all the senior functionaries and
other employees of the Bank on the theme.
Vigilance Ofcers Conference was held at RSTC, Gurgaon
on 03.11.2014 to sensitize Vigilance Ofcers of the
Bank about the functions/roles of Vigilance Ofcers in
Preventive, Detection, Proactive, Participative Vigilance
and periodic follow up with the concerned Sections
in speedy disposal of complaints / cases, attracting
vigilance angle.
During the year, thrust has been given to preventive
vigilance, covering all the areas of banking, including
systemic improvement in the laid down systems and
procedures of the Bank.
58
xU uru
uruxj
xj
Ms 47 Acs Mrsr M 5675 zZA AU 99 qS ieUr
q x oM l 77 zZA M Ecc eZq, 1529 zZA M
qkrq eZq AU 4069 zZA M Mq eZq us zZA
M m q mWcl M W | xukM Sz-lSz M AlxU xU
AkMUr U Cl zZA M SU Mr ar |
xp zZA q x.x.O.u. sar ar W |
L.O.Lq q AiUM lqi x.x.O.u. M AiU 1651
L.O.Lq q Asa x x.x.O.u. saL aL W |
SzpU M 3782 L.O.Lq mU ZiU M xpul M qleU
le xU aQ M UZ ar W |
mUuz q xkU
uw M SUl oM M 752 zZA q mUuz xkU Mr MUr
ar AU cs uiir uw M SUl zw 528 zZA q rW Mr
mU Mr eLa - zZU mUrel'' M iWi 550 zZA M
sAFO M OMl mSzl uruxj M xj LMs ZQM xu
M sL mUuii Mr ar | msZ QeOsMUh M zpUp
mxiui W e mUuz q AU p xkU sLa |
xcl M AkMU
xcl M AkMU Aklrq 2005 M iWi, oM l xcl
Sl ij mUSzi sl M sL LM Allr xcl M AkMU
Aklrq MlS M xjml M W | xcl M AkMU Aklrq
M AuzrMi M AlxU AuSM M xcl Emsok MUl M
sL MlU oM l Aml xp 47Acs q el xcl AkMUr
ij Amsr mkMUr M lqi Mr W | uw M SUl xcl
M AkMU Aklrq, 2005 M mukl M AlxU oM l 2827
xcl M AkMU AuSl, 503 mjq Ams ij 88 ir
Ams mmi M |
Uepw M Mrlurl
xqkl uw M SUl, oM l Uepw Mrlurl M
Aiai xUWlr mai M W AU upll xiU mU MD mUxMU
mmi ML |
rj qc 2015 M sapa 98% MqcUr l WlS q MrxkM
l Wxs Mr W AU Uepw lrq 1976 M lrq 10(4) M
Akl 3300 zZA M oM l Akxci Mr W | WlS q
MrxkM l mmi oM M xp MqcUr M WlS Mrzs employees of the Bank possessing working knowledge of
q mzi Mr ar | xqkl uw M SUl oM U Lx
MqcUr M sL 380 x AkM mlzcr mzh Mrq
Arei Mr ar |
Security Arrangements
Out of 5675 domestic branches and 99 currency chests in
47 Circle Ofces, the Bank identied 77 branches as High
Risk, 1529 branches as Medium Risk and 4069 as Low
Risk. These Branches were periodically visited by Security
Ofcers as per statutory guidelines. All the sensitive
currency chests were visited by the Chief Security Ofcer
during the year.
The following measures were initiated based on the
instruction from RBI and State Police Authorities.
All branches were provided with CCTVs.
1651 ATMs provided with stand alone CCTV in
addition to the inbuilt CCTV in the equipment.
3782 PAN ATMs guarded with Private Security Guards
based on the threat perception and police authorities.
Ambience Improvement
During the year, ambience improvement work was carried
out in 752 branches of the Bank and the remaining 528
branches will be completed during the current nancial
year. Under Project Shikar 550 branches layout were
transformed for single window service along with token
display arrangements. Digitalization of the records is on
the anvil, which will further improve the ambience of the
branches.
Right to Information
Under the Right to Information Act, 2005, an exclusive
Right to Information Act outt is functioning to
provide information and bring transparency. As per the
requirement of the RTI Act, the Bank has nominated
Public Information Ofcers and Appellate Authorities
at Head Ofce and in all its 47 Circle Ofces to provide
information to the applicants. During the year, the Bank
received 2827 RTI applications, 503 First Appeals and 88
Second Appeals as per the provisions of RTI Act, 2005.
Implementation of Ofcial Language
The Bank made noteworthy progress under the
implementation of ofcial language and won many
prizes at various levels during the year under review.
As at March 2015 around 98% of employees have obtained
working knowledge in Hindi and the Bank has notied
3300 branches under Rule 10(4) of OL Rules 1976. All the
Hindi have been trained in Hindi workshops. During the
year under review, Bank has conducted more than 380
refresher training programmes for such employees.
59
xcl maM M q Uepw M Aqs MUl Wi oM l
rlMQ'' M mra oRr AU oM M L.O.Lq. xl q 10
pUir pwA q slSl M mukl eU UZ | OsTl oMa
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W | oM uzw AuxU mU Aml xp aWM M WlS q
Lx.Lq.Lx. p pei W | oM l 1 esD 2011 x MU oMa
mhs, qoCs oMa, COUlO oMa mOs, LOLq slSl
UmO u D-CToM q WlS M uMsm Emsok MUr W |
WqU oM M CsYOlM pw mi mxiM Mlmi'' M
xp zZA M Mrsr q Emsok MUr ar |
Uepw M mpu Mrlurl M mixWi MUl Wi oM U
MlU oM Uepw Ar rel'' M iWi 182 mUxMU Acs
Mrsr, r MqcU mzh qWusr, zZA u
Mrsr M Alpa M mSl ML aL | MlU oM Uepw
mUxMU rel'' M iWi 109 MqcUr M mUxMU mSl ML
aL | oM l Aml MqcUr M sL LM uwM AZs pUir
WlS lok mirai'' p Arei M W AU ueiA M
lMS mUxMU SL aL |
WqU Ak uwM WlS mM "MlUeri" M 13 u Lu 14
u AM eU Mr ar | mkl Mrsr, oasU q WlS Sux
xqUW M SUl WqU Akr Lu mok lSzM U 13u AM
M uqcl Mr ar ij 14u AM M uqcl qi mlq
ele, xrYi xcu, Uepw upa, aW qsr, pUi xUMU
U Mr ar | MlUeri WlS q qs sZl M mixWi MUl
M sL mMzi M ei W | Cxq oM M MqcUr U sZi
oMa xok sZ, Mui, sb Mj, ruiii AS zqs W |
L.o.x.AD. U MlUeri'' M TcU h q Uei mSM ij
uzw xip (pUir pw) h q Mxr mSM AuQ mSl Mr
ar W |
oM l Uepw AkMUr M 32u AZs pUir xqqsl p 9
u 10 qc 2015 M r MqcU mzh qWusr, aQau
q Arei Mr ar |
uw M SUl xxSr Uepw xqi M ixU Em xqi l
MUs Uer q oM M Mssq zZ M SU Mr | Uepw
mU xxSr xqi M xr u AsZ xqi U lamU Acs
Mrsr M SU Mr ar AU Uepw Mrlurl M q
In the sphere of using Information Technology in the
Ofcial Language, the Bank has furthered the use of
Unicode package for word processing and also made
provision in ATM screens of the Bank for carrying
transaction in 10 Indian languages. Tele banking facility
has also been provided in Hindi and English and other 6
major regional languages. The Banks corporate website
is made fully in bilingual. The Bank is also giving SMSs
in Hindi to all its customers on special occasions. With
effect from 1st July 2011, the Bank has provided Hindi
option in Core Banking System. Hindi option provided in
Mobile Banking, Internet Banking portal, ATM transaction
reports and in e-Infobook. The Banks bilingual address
booklet CANPATHA is made available to all branches and
ofces in electronic form.
To encourage effective implementation of Ofcial
Language in the Bank, 182 prizes were given to Circle
Ofces, branches, RSTCs and Sections of Head Ofce under
the award Scheme formulated by the Bank viz., Canara
Bank Rajbhasha Akshay Yojana and 109 employees were
awarded under Rajbhasha Puraskar Yojana. The Bank also
conducted annual All India Hindi Essay Competition for
its employees and prizes were given to winners.
Our Half Yearly Hindi journal Canarajyoti 13th and
14th issues were brought out during the year. The 13th
issue was released by the C&MD during Hindi Day
Celebration at Head Ofce, Bangaluru and 14th issue
was released by Miss Poonam Juneja, Joint Secretary,
Department of OL, Ministry of Home Affairs, Government
of India. Canarajyoti is brought out to encourage original
writing in Hindi. This publication contains articles on
banking related subjects as well as Poetry, Short Stories,
Travelogues in Hindi written by employees.
Canarajyoti won ABCI Awards, a Silver Medal under
Feature category; a Bronze Medal under special column
(Indian Languages) category, for excellence in business
communications from the Association of Business
Communicators of India (ABCI).
The Bank also held the 32nd All India OL Conference of
OL Ofcers at RSTC, Gurgaon on 9th and 10th March 2015.
During the year, the Third Sub Committee of Parliamentary
Committee on Ofcial Languages had inspected Kollam
Branch, in the State of Kerala. The Drafting and Evidence
Committee of the Parliamentary Committee on Ofcial
Languages had inspected Nagpur Circle Ofce and lauded
the efforts put by the Bank in the eld of Ofcial Language
implementation. The Bank is convening the Town Ofcial
60
oM M mrx M xUWl M aD | oas, MroiiU, AaU AU
iulimUq q oM laU Uepw Mrlurl xqi M xreM
W | pUi xUMU M Uepw li M mpu Mrlurl M mi
MqcUr M mixWi MUl u qaSzl Sl M sL oM M
xp zZA q Uepw Mrlurl xqir aPi W |
ZsMS M muil
MlU oM OlqO AS M mrei MUl AU mipzs
ZsQr M xMsUzm mSl MUM Wqz ZsMS M mixWi
u xqjl MU UW W AU Sz pU q Zs aiukr M sL ESUi
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u mixWl M sL mkl Mrsr q LM ZsMS MExs M
aPl Mr ar |
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uw M SUl qi Lc Lq eri l asxa, xMOsQ q
Arei UqQs Zs q 4x100 qOU Us q pUir Oq M
milkiu Mr (TCls q 5u xjl), Clcl, Sh MUr
q Arei Lzrr Zs q 4x100 qOU Us q pUir Oq
M milkiu Mr | sZlF q Arei AiU Uer AjsOM
qO q mipai MUM 100 qOU q 11.4 xMQ (xox
AcN urai xqr) M xj Uei mSM ei | uw M SUl
SmM cas l Uhe OT MO OlqO q fUZQ Uer
M mipai Mr | qxU As Zl uw M SUl
Uhe OT u CUl OT eilus MlOM Uer MO Oq
M aSoe Mc j | Q amxS, zOs oQqOl ZsQ
Language Implementation Committees of Bengaluru,
Agra, Coimbatore and Thiruvananthapuram. Ofcial
Language Implementation Committees are constituted
in all the branches of the Bank to motivate and guide the
employees towards effective implementation of Ofcial
Language Policy of the Government of India.
Promotion of Sports
Canara Bank has always been encouraging and
supporting sports and has contributed generously to
sporting activities all over the country, in the realms of
sponsoring tournaments and providing scholarships to
talented sportspersons. A Sports Council at Head Ofce
was setup in the year 1982 to monitor / encourage Sports
in the Bank.
The Bank has teams in 6 disciplines as under:
4 xSxr Athletics Women 4 Members
3 xSxr Ball Badminton Men 3 Members
15 xSxr Cricket Men 15 Members
12 xSxr Hockey Men 12 Members
3 xSxr Shuttle Badminton Men 3 Members
2 xSxr Table Tennis Men 2 Members
International Sportspersons in the Banks fold are Shri B
K Venkatesh Prasad and Shri Sunil B Joshi (Cricket), Shri
Vimal Kumar (Shuttle Badminton), Smt M K Asha, Smt
Suma Gopalakrishna and Smt H M Jyothi (Athletics),
Shri P Shanmugam, Shri Bharath Kumar Chetri (Captain
Indian Hockey Team, London Olympics-2012) and Shri K
M Somanna (Senior-Hockey) and Shri K P Dinesh (Junior-
Hockey). Some of the above sportspersons have earned
laurels while representing the Bank in tournaments/
competitions at the State/National levels. Shri K M
Somanna, Player of Hockey Team and Shri D Guruprasad,
Player of Shuttle Badminton Team were bestowed with
EKALAVYA AWARD, highest honour for sports person
in Karnataka State. Shri Bharat Kumar Chetri, player of
Hockey Team was bestowed with BENGAL RATNA,
highest honour for sports person in State of West Bengal.
During the year, Smt H M Jyothi represented Indian
Athletics 4x100 Mts Relay Team in the Commonwealth
Games at Glasgow, Scotland in 2014 (5th Place Finals),
Indian Athletics 4 x 100 Mts Relay Team in the Asian Games
at Incheon, South Korea in 2014 and Karnataka State
Team in the Inter State Athletic Meet at Lucknow 2014 in
100 Mts Individual event and secured Silver Medal with a
timing of 11.4 Seconds (Personal Best). Shri Deepak Chougle
represented Jharkhand State Cricket Team in the Ranji
Trophy during the year. Shri K B Pawan represented Kerala
State Cricket Team in the Ranji Trophy. Shri Mansur Ali
Khan was the Bowling Coach of the Karnataka State Cricket
Team that won the Ranji Trophy and Irani Trophy during the
year. Shri D Guruprasad, player of Shuttle Badminton Team
61
l oqbq, rlCOQ MaQq q Arei Bs CasQ oQqOl
cqmrlzm q mipai M |
oM mkl Mrsr M Oq M Asu Acs Mrsr
xiU mU oeO AoOi MUM ZsMS M mixWl Si W,
exM laUl Acs xmOx MExs U Mr ei W | oM
M 50% x AkM ZsQ Aml xoki Zs q MlOM
Uer M milkiu MUi W |
ur xmUqMO
MlU oM l aWM Wi LM xOm oMa' mSl MUl M Ezr
x 1980 SzM M Ai M SUl xWrM Zsl M U uuk
MUoU aiukr q muz Mr | Ae, oM uuk q Mq diversied business activities by opening subsidiaries
x Mq l xWrM / mrei xxjA / xr Eq M xj
LM ur xmUqMO' M m q Mr MU UW W |
oM l xqrM qsrMl Wi u oM M xWrM/xWra Wi ZM
irU MUl M sr p LM xsWMU M m q qxx MmLqe
xsWMU xuL mCuO sqOQ lr Mr W | xuMi xTUz
M Mrui Mr ar W | oM M xp xWrM / mrei
xxjA / xr Eq l uw M SUl xiwelM MrlwmSl
Se Mr W |
MlTl Wqx sqOQ (xLTLcLs)
MlTl Wqx sqOQ, e M MlU oM M 43.45% kUi M
xj LM mrei xxj W, mqZ Aux u xxjA q x
LM W | 31.03.2015 M xLTLcLs q oM M zrU 43.45%
W | uw M SUl, Mml l `3346 MUQ M xuiUh Uz M
xj `3670 MUQ M Gh Uz M qeU S W| rj qc 2015
M Ms oMr Gh `8238 MUQ W | Mml l uw xqml qc
2015 Wi `86.24 MUQ M MU M mi sp Aei Mr W AU
2014-15 Wi 70% M spz mxiui Mr W |
MlU oM mipi sqOQ (xoLxLs)
MlU oM mipi sqOQ, (mu q, asO mipi OQa
MmUzl sqOQ) me oeU xoki aiukr q, uzwMU Market related activities, mainly stock broking since
2007 x xOM oMa q xsmi UW W | Mml xxjai u ZSU
aWM, Sl M sr xOM oMa xuL mSl MUi W | ZSU
aWM M sL BlsCl OQa MEOU qZr EimS W ij qS
urim xuk mSl MUi W Lu Mml M aWM AkU 35172
x AkM W | uw xqml 2015 M sr Mml l `6.90 MUQ
M MU mi sp Aei Mr W AU 12.50% M spz M
pail Mr W |
MlU UoM mUxm mokl Mml sqOQ (xAULLqx)
MloM qrcrAs TQ M Axir M molki MUl M sr
1993 q qxx MloM luz molkl xuL sqOQ xjmi M
ar j | uw 2007 q MlU oM l Axi molkl Mml M
49% zrU qxx UoM xqW Ll u M m q uluz Mr
j exx M MloM qrcrAs TQ M Axir M molkl
Wi LM xr Eq M lqh WA | io x W Mml M MlU
UoM Axi molkl Mml sqOQ M m q ml:lqi MU
Sr ar j exq 51% zrU kUi oM M mx j | Mml M
molkl M iWi 5.27 sZ M luzM AkU M MuU MUi WL
Axir `6421MUQ j | uiql q Mml, asQ DLTO xWi
29 qrcrAs TQ relL xps UW W | uw 2014-15 M sr
Mml l `19.42 MUQ M lus sp Aei Mr W |
participated in the All England Badminton Championship
at Birmingham, United Kingdom, 2015.
Apart from the Teams at the Head Ofce, Bank is also
encouraging sports at the Circle level by allotting annual
budget for sports activities, which is monitored by the
Circle Sports Council. More than 50% of the Banks sports
persons are representing the State in their respective
sports discipline.
FINANCIAL SUPERMARKET
Canara Bank, with an objective of offering One Stop
Banking facilities for the customers, forayed into
during late 1980s. Today, the Bank functions as a Financial
Supermarket with as many as nine subsidiaries/ sponsored
entities/ joint ventures in diversied elds.
To unlock the potential in Subsidiaries, Bank had appointed
M/s KPMG Advisory Services Private Limited as consultant
for comprehensive assessment and to draw a road map for
Subsidiaries/Associates. The accepted recommendations
have since been implemented. All the subsidiaries/
sponsored entities/ joint ventures of the Bank recorded
satisfactory performance during the year.
CANFIN HOMES LIMITED (CFHL)
Cann Homes Limited, a Sponsored Entity of Canara Bank is
one of the premier housing nance entities in the country,
with a stake of 43.45%. The Company sanctioned loans
amounting to `3670 crore and disbursed loans amounting
to `3346 crore during the year. The loan outstanding as at
March 2015 was `8238 crore. The Company earned a prot
after tax of `86.24 crore for the year ended March 2015
and proposed a 70% dividend for the year 2014-15.
CANARA BANK SECURITIES LIMITED (CBSL)
Canara Bank Securities Limited, (formerly Gilt Securities
Trading Corporation Limited) has diversied into Capital
2007. The Company offers stock broking services to both
institutional and retail clients. Online Trading Counter for
retail customers is its agship product and has diversied
into Currency Derivatives and has a clientele base of
35172. The Company has posted a Prot after tax of `6.90
crore for the year ended March 2015 and paid a dividend
of 12.50%.
CANARA ROBECO ASSET MANAGEMENT CO LIMITED
(CRAMC)
To manage assets of Canbank Mutual Fund M/s Canbank
Investment Management Services Limited was established
in 1993. In the year 2007, Canara Bank divested 49% stake
of Asset Management Company in favour of M/s Robeco
Groep N V forming a joint venture for managing the assets
of Canbank Mutual Fund. The Company has since renamed
as Canara Robeco Asset Management Company Limited
with a majority share of 51% held by the Bank. Assets
under Management of the Company was `6421 crore
with investor base of 5.27 lakhs. The Company is currently
managing 29 Mutual Fund Schemes, including Gold EFT.
The Company posted a net prot of `19.42 crore for the
year 2014-15.
62
MlU LcLxox AUrOs oM BT Mqx eul oq Mml
sqOQ
AiUr xiU mU mii LcLxox oq (Lzr mxTM)
WsQa sqOQ u AUrOs oM BT Mqx M xWra M
xj oM M oq xr Eq W | Mml xiqoU 2007 M SUl
laqi WD j AU Aml MUoU mUcsl 16.06.2008 x mUp
Mr j | Mml q oM M 51% M oWqi zrUkUh W | uw M
SUl Mml `1642 MUQ M Ms MUoU mqrq iM mWc ij
`102.90 MUQ M xuklM sp Se ML |
MloM ucU me Mw sqOQ (xuxLTLs)
MloM ucU me Mw sqOQ, MloM ucU me Mw
(xuxLT) M lrx u molkM W AU oM M mh xuqiu
us Alwa W | uw 2014-15 M SUl, Mml l MU M oS
`6.92 MUQ M sp Aei Mr W AU 1000% M spz M
pail Mr W |
MloM TYOx sqOQ (xLTLs)
MloM TYOx sqOQ oM M LM TYOa Alwa W | uw
2014-15 M SUl, Mml l `3072.50 MUQ M Ms MUoU
OlAuU mmi Mr W ij `14.80 MUQ M MU mi sp
Aei Mr W | uw 2014-15 M sr Mml l 10% spz
mxiui Mr W | pUir xZ UOa xcl xu (xs) l
ClM Asmuk Gh rel M Eiq L1+ UOa mSl Mr W |
MloM MmrOU xuxe sqOQ (xxLxLs)
MloM MmrOU xuxe sqOQ mU Sz q rW LMq xnOurU
Mml W e xuelM M oM U muii W | MloM MmrOU
xuxe sqOQ qZrir xcl maM ij xnOurU uMx
xu, mzh / mUqzS u UexOU u zrU AiUh Lex M
m q MrUi W | Mml l uw SUl `6.51 MUQ M MU mi
sp Aei Mr W |
MloM TCllzrs xuxe sqOQ (MlTl)
MloM TCllzrs xuxe sqOQ l Qo Zi M iWi
m MUr M uxs u AiSr M uxs mU krl MlSi MUl
M Asu Aml aiukr M mipi q mNs xuruWU x
Eim Mll qqs iM xqi MU Sr W |
Mqzrs CQ oM LsLsx (xADoLs)
xADoLs, MlU oM u pUir xOO oM M xr Eq W
e Ams, 2004 x qxM, x q MrUi W | Mml l rj 31
qc, 2015 M MU mi r Lx $ 1.05 qsrl rLx QsU M
sp Aei Mr W |
r aqh oM (AUAUo)
oM M S mrei r aqh oM W., rj MUs aqh oM,
e MUs M xmh 14 es M 565 zZA M xj MuU MUi
W ij mu MlOM M 11 es q 645 zZA M xj mai
Mwh aqh oM W | r aqh oM M mx Ms qsMU
1210 zZA u 412 LOLq M lOuM W | uw M SUl, Sl
r aqh oM l 73 zZL ij 135 LOLq Zs|
rj qc 2015 M r aqh oM M xqa MUoU 40402
MUQ W exq eq M Aiai 20578 MUQ ij Aaq M
Aiai 19824 MUQ W | 20940 MUQ M xqa MUoU M xj
CANARA HSBC ORIENTAL BANK OF COMMERCE LIFE
INSURANCE COMPANY LIMITED
An Insurance Joint Venture oated by the Bank in
association with internationally reputed HSBC Insurance
(Asia Pacic) Holding Limited and Oriental Bank Commerce.
The Company was incorporated during September 2007
and commenced business operation from 16.06.2008. The
Bank has a majority shareholding of 51% in the Company.
During the year, the Company reached total business
premium of `1642 crore and recorded statutory prot of
`102.90 crore.
CANBANK VENTURE CAPITAL FUND LIMITED (CVCFL)
Canbank Venture Capital Fund Limited is the Trustee and
Manager of Canbank Venture Capital Fund and a wholly
owned Subsidiary of the Bank. The Company recorded a
prot after tax of `6.92 crore for the year 2014-15 and paid
a dividend of 1000%.
CANBANK FACTORS LIMITED (CFL)
Canbank Factors Limited is a factoring Subsidiary of the
Bank. During 2014-15, the Company achieved a total
business turnover of `3072.50 crore and earned a prot
after tax of `14.80 crore. The Company has proposed a
10% dividend for 2014-15. The Credit Rating Information
Services of India Limited (CRISIL) has rated its Short Term
Debt Programme, the highest A1+.
CANBANK COMPUTER SERVICES LIMITED (CCSL)
Canbank Computer Services Limited is the only Software
Company promoted by a Public Sector Bank in the country.
Canbank Computer Services Limited is primarily engaged
in IT and Software development services, training /
consultancy and registrar and share transfer agency. The
Company has achieved a prot after tax of `6.51crore for
the year.
CANBANK FINANCIAL SERVICES LIMITED (CANFINA)
Canbank Financial Services Limited is conning its
activities to legal matter arising out of past transactions
in securities, besides concentrating on collection of lease
rentals and recovery of dues under decreed accounts.
COMMERCIAL INDO BANK LLC (CIBL)
CIBL, a joint venture of Canara Bank and State Bank of
India, has been operational since April 2004 in Moscow,
Russia. The Company earned a prot after tax of US$1.05
million as on 31st March, 2015.
REGIONAL RURAL BANKS (RRBS)
The Bank has two sponsored RRBs viz., Kerala Gramin Bank,
which covers entire 14 districts of Kerala with 565 branches
and Pragathi Krishna Gramin Bank with 11 districts of
eastern Karnataka and 645 branches. RRBs together have
a branch network of 1210 and 412 ATMs. During the year,
both RRBs have opened 73 branches and 135 ATMs.
The aggregate business of the RRBs as at March 2015 stood
at `40402 crore, comprising `20578 crore under deposits
and `19824 crore under advances. Kerala Gramin Bank
with a total business of `20940 crore ranked 1st amongst
RRBs, followed by Pragathi Krishna Gramin Bank with
63
MUs aqh oM M xjl r aqh oM M oc mjq UW,
exq WqU Aml mai Mxl aqh oM `19462 MUQ M
MUoU M xj ir xjl mU UW | Sl r aqh oM l
mjqMi EkU M Aiai Ms Aaq M 60% M Alur
sr M mmi Mr | Ms Aaq M Aiai xMs LlmL u lus
LlmL 5% M xiwelM xiU x lc j |
uw M SUl, Sl r aqh oM l `284.89 MUQ M xMs
sp ij `101.60 MUQ M lus sp Se Mr | ElM me
mrmii Almi 9% M Akql qlM x AkM W |
r aqh oM xoLx M 100% Almsl MU UW W AU
maM M qc mU Aml xqM r aqh oM x Aa
W | u Aml aWM M xcl maM AkUi EimS ex qoCs
oMa, m QoO MQ xu, cM OMzl mhs, D-MuDx
iMlM, AkU xqji xu ij lnO/AUOeLx M qkrq
x umwh xuL mSl MU UW W | loQ u eADeQ M xj
xfSU q qxx Lxx U xxjmi ClYsxu TClzrs
CQr AuQ-2014 MUs aqh oM M xcl maM M
Mrurl M sL mmi WA ij mai Mwh aqh oM ir
uei UW |
mrei r aqh oM q ur xquzl u mkl q Jan Dhan Yojana (PMJDY) in the sponsored Regional Rural
el-kl rel Mrurl M xji
mrei r aqh oM, 884 MUoU xmM (ox) u 157
MrxM M qkrq x zZA M AiU au q AkUpi
oMa xu mSl MU UW W | ElWl aqh q zZA x
qkrq x 22 ur xUi mUqz MS (LTLsx) xjmi ML
W ij ur xUi zuU M Arel p MU UW W |
mklq el-kl rel M Aiai Sl r aqh oM l 7.80
sZ x AkM Zi Zs W ij xp Zi kUM M m MQ eU
Mr | ElWl, AuOi 1847 Em-xu (LxLxL) M xp bU
M MuU Mr W AU 375 uQ M Mq-x-Mq LM AkUpi
oMa Zi u m MQ x eQ W | D-MuDx iMlM u
AkU xqji pail mhs ( LDmLx) Mrui MUl q r
aqh oM M oc ElM mjq xjl W |
mUxMU / mzx
up mWs M Apl q, uw M SUl oM M MD mUxMU
mmi ML | Clq x qZr mUxMU lqlui W:
Lzr LcAUQ Max AuQ-2014 M x xaPl M raSl
h M Aiai Lzr LcAUQ AuQ'' |
xMc TCllzrs CYszl LQ Qmla AuQ-2014 q
Cuzl
C l h M Aiai msOlq AuQ |
MmUO aulx M sL lSzM xxjl,pUi U asQl
mMM mUxMU |
MqmrOU z u UeaU muil
Mqmr
mWs M sL z 2014 Wi mQi qSl qWl qsur Uei
mUxMU |
oas M xuq 50 oQ M oc lqq oas oxO oQ
mUxMU |
MmUO xqeM mWs M iWi xuq MrlwmSl M
sL xuelM M oM h M Aiai Lxxcq xzs
oMa EiMi AuQ 2014 |
`19462 crore. Both RRBs achieved the mandated target of
60% of total advances under priority sector lending. Gross
NPA and Net NPA levels were below the tolerable level of
5% of total advances.
Both RRBs registered a gross prot of `284.89 crore and
net prot of `101.60 crore during the year. Their capital
adequacy ratio is above the mandatory norm of 9%.
RRBs are 100% CBS compliant and are ahead of their peer
RRBs under technology front. They are extending IT based
products, like, Mobile Banking, RuPay Debit Card services,
Cheque Truncation System, e-KYC technology, Aadhaar
enabled services and remittance facilities through NEFT/
NGRTGS/AEPS to their customers. Kerala Gramin Bank
has received Inclusive Finance India Award-2014 for
adaptation and implementation of information technology
and Pragathi Krishna Gramin Bank as 2nd runner-up,
instituted by M/s Access in partnership with National
Bank for Agriculture and Rural Development (NABARD) and
Deutsche Gesellschaft fr Internationale Zusammenarbeit
(GIZ).
Implementation of Financial Inclusion and Pradhan Mantri
Banks
The sponsored RRBs, in addition to branches, are
extending basic banking services to villages through 884
Business Correspondents (BCs) and 157 Kiosks. They have
established 22 Financial Literacy Counselling Centers
(FLCs) and also organizing nancial literacy camps through
branches in rural areas.
Under PMJDY both RRBs together opened over 7.80 lakh
accounts and issued RuPay Cards to all the account holders.
They have covered all households in 1847 Sub-Service
Areas (SSAs) and 375 wards allotted to them with at least
one basic banking account and RuPay Cards They are the
rst amongst RRBs to implement e-KYC technology and
Aadhaar enabled Payment System (AEPS).
AWARDS/ACCOLADES
In recognition of the varied initiatives, the Bank was
conferred with several awards/accolades. The major
awards received are as under:
Sl Asia HRD Award under the category Contribution to
Organization of the Asia HRD Congress Awards, 2014.
Platinum Award under the category of Innovation
in the Skoch Financial Inclusion & Deepening Award,
2014.
Golden Peacock Award for Corporate Governance by
the Institutes of Directors, India.
M MmUO xqeM Pt. Madan Mohan Malviya Silver Award for Education
2014 for CSR initiative of Promoting Computer
Education and Employment.
Namma Bengalurus Best Brand among Bengalurus
top 50 brands.
Assocham Social Banking Excellence Award, 2014
under Public Sector Banks category for excellent
performance under Corporate Social Responsibility
initiatives.
64
 cqoU BT LqLxLqD (xADLqLxLqD), lD Sss U
xcsi LqLxLD oMa LYxsx AuQ-2014 | oM
M Alr mUxMU M xj xuq oM mUxMU uei x
lue ar |
lriM M muil M sL xuq xqjl xu mSl MUl
Wi pUir lri xaPl qWxb (LTADDA) U Arei
lri ok mUxMU |
aqh xuUeaU mzh xxjl, zsmMU xxjl, xcl
maM xxjl, xqSrM uMx u qWs xzMUh
M sL pUi M Eq mUrel 2014 h M Aiai xMc
mleaUh mUxMU 2014 |
lL QqO Zi M mUcsi MUl q saiU SxU uw mjq
xjl mmi MUl M sL LlLxQLs xOU mUTqU AuQ
2014 ij Zi u q xuq MrlwmSM |
mosMzl M sL pUi M xuq Mqmlr mU LM
AsZ q xuelM q oM M oc mjq xjl mSl
Mr ar |
oLTLxAD q LcAU mrx M xqqli MUl M sL
qxx QsrO M xj xfSU q oMa TlOrU U oxO
CxmrUa msx O uM (xuelM ) |
lSzM xxjl, pUi U asQl mMM oelx LYxsx
AuQ 2015 |
mLqeQuD Mrurl M Aiai xuq MrlwmSl M
sL qxx Ea urmU u xu xb U aPi mLqeQuD
u LYxsx AuQ 2015 |
xuelM M oM M oc ADoL oMa maM
xqqsl, LYxm u AuQ 2015 q 4 mUxMU ei |
1. mjq UlU Am - Q
QeOs u cls maM M oWiUl
Emra |
xu ur mWs
2. mjq UlU Am - xu
3. ir UlU Am - uw
uw M maM oM
4. ir UlU Am - xu
xuq pail mWs
Aux Gh' mSi h M Aiai AEOsM ql AuQ
2014 |
Sss xOO luz els U 6P mLxr AuQ q ZSU
oMa M Aiai oWiUl MrlwmSl|
MlU C-CToM M sL Tui AuQ 2015 |
xoLx M sL TaU oxQ orqOM mkMUh M sL
xYrU ADO 2014 AuQ |
xox AkM xZr q m MQ eU MUl M sL U
pail EiMi mUxMU 2014 |
a' q mpu Uepw Mrurl M sL saiU S uw
2012-13 u 2013-14 M sL CSU ak Uepw mUxMU
rel M Aiai mjq mUxMU |
MSME Banking Excellence Awards, 2014 organized
by Chamber of Indian Micro, Small and Medium
Enterprises (CIMSME) at New Delhi. The Bank has been
adjudged as the Best Bank Award-Winner among
other awards.
Niryat Bandhu instituted by Federation of Indian
Export Organisation (FIEO) for excellent support
services rendered for the promotion of exports.
SKOCH Renaissance Award, 2014 under Indias Best
Projects 2014 Category for Rural Self Employment
Training Institute, Institute for Artisans, Institute for
information Technology, Community Development
and Women Empowerment.
NSDL Star Performer Awards, 2014, for securing rst
position in mobilizing new Demat Accounts for the
second consecutive year and also adjudged Best
Performer in Accounts Growth.
Ranked 1st among Public Sector Banks in an article
on Indias Best Companies for CSR published in the
Corporate Dossier of Economic Times.
Best Inspiring Place to Work (Public Sector) by the
Banking Frontiers in partnership with M/s.Deloitte in
an effort to recognize the HR efforts of the BFSI sector.
Golden Peacock Business Excellence Award, 2015, by
the Institutes of Directors, India.
PMJDY & Excellence Award, 2015 instituted by M/s
Federation of Industry Trade & Services (FITS) for best
performance under PMJDY implementation.
Received 4 Awards at IBA Banking Technology
Conference, Expo & Awards, 2015 amongst Public
Sector Banks.
1. First Runners-up- Best use of Digital and
Channel Technology.
2. First Runners-up-Best Financial Initiative
3. Second Runners-up-Technology Bank of the
Year.
4. Second Runners-up-Best Payments Initiative
Outlook Money awards 2014 under The Best Home
Loan provider category.
Outstanding Performance under Retail Banking in the
6th PSU Awards 2014 by Dalal Street Investment
Journal.
Finnoviti Award, 2015 for Canara e-Infobook.
Secure IT 2014 award for nger print based Biometric
Authorization for CBS.
r National Payment Excellence Award, 2014 for highest
RuPay Card issuing bank.
1st Prize under Indira Gandhi Rajbhasha Puraskar
Yojana for effective implementation of Ofcial
Language in Region C for two consecutive years in
2012-13 and 2013-14.
65
 oM M up lir VARIOUS POLICIES OF THE BANK
oM M AcN iUW x mUpwi lir AU mrA M LM There is a system of well-dened policies and procedures
of the Bank. During the year, concerted efforts were made
mhs W | uw M SUl pUo M ulrqM AuzrMiA, pUi to streamline the policies and procedures of the Bank
xUMU M SzlSz u uiql mUSzr q oM M AMxqM in the light of regulatory requirements of the RBI, the
AuzrMiA M AsM q oM M lir u mrA M xSR directions of the Government of India and the emergent
oll Wi Px mrx Mr ar W | iSlxU, Alr M oc, xZ requirements of the Bank in the present day context.
Accordingly, there has been a sharper focus on policies
eZq molkl, oeU eZq molkl, mUcsM eZq molkl, relating to, among others, Credit Risk Management,
Axi Sriu molkl, cslk eZq molkl, xqW eZq Market Risk Management, Operational Risk Management,
molkl, Sz eZq, mim oM eZq, MmUO mzxl, Asset Liability Management, Liquidity Risk Management,
mMOl, xmM molkl, ilu mUh, Almsl Mr, AmS Group Risk Management, Country Risk, Counterparty
Bank Risk, Corporate Governance, Disclosures, Collateral
mlmmi AU MUoU xii Arel, MUoU sCl, AEOxxa Management, Stress Testing, Compliance Functions,
AU ADxLLm, MuDx, LLqLs, uxs, u luz M xok q Disaster Recovery and Business Continuity Planning,
lir mU ih krl MSi Mr ar W | Business Lines, Outsourcing, ICAAP, KYC, AML, Recovery and
Investments.
lSzM qQs q mUuil
CHANGES IN THE BOARD OF DIRECTORS
oM M lSzM qQs M xUcl q uw 2014-15 q lql
Year 2014-15 saw the following changes in the composition
mUuil W | of the Board of Directors of the Bank.
Auk M SUl oM M lSzM qQs q lqlsZi lSzM M Tenure of the following Directors on the Board of the Bank
Mr Auk xqmi W aD | ended during the period.
lr M xu xqmi
lq mSlq Name Designation
Date of Ap- Date of
ij M ij pointment Cessation
Akr u Chairman &
AU M So 11.01.2013 30.09.2014
mok lSzM Shri R K Dubey Managing 11.01.2013 30.09.2014
Director
AsmMsM
xil xlW aU AkMUM 17.10.2011 16.10.2014 Part-Time
Shri Sutanu
lSzM Non-Ofcial 17.10.2011 16.10.2014
Sinha
Director
MqaU
e.u Shri G V Workmen
milk 21.10.2011 20.10.2014
xqoxu Uu Sambasiva representa- 21.10.2011 20.10.2014
lSzM
Rao tive Director
AzM MqU MrmsM
28.07.2011 31.10.2014 Shri Ashok Executive
ami lSzM 28.07.2011 31.10.2014
Kumar Gupta Director
qi ql pUo lqi Smt Meena RBI Nomi-
13.10.2011 22.02.2015
WqcS lSzM Hemchandra nee Director
13.10.2011 22.02.2015

lqlsZi lSzM l Auk M SUl Mrsr q MrpU aWh

Following Directors assumed Ofce during the period.
Mr |

lr M xu xqmi Date of Ap- Date of

Name Designation
lq mSlq pointment Cessation
ij M ij

AUoAD Aas ASz Smt Uma RBI Nomi- Until fur-

qi Eq zMU 23.02.2015 23.02.2015
lqi lSzM iM Shankar nee Director ther Orders

WUSz MqU MrmsM Shri Harideesh Executive

11.03.2015 31.05.2017 11.03.2015 31.05.2017
o. lSzM Kumar B Director

66
uw 2013-14 M SUl oM M lulr lS
lSzM qQs M
xmi orU
qi Eq z
zMU
qi Eq zMU M 23.02.2015 M mpu x oM M lSzM
qQs q pUo M milk lSzM M iU mU lr Mr
ar W | qi Eq zMU l Ms xMr q xliMU M Emk
s W ij pUir oM xxjl q xOTCQ LxxLO W |
qi Eq zMU l Aml MUrU M zAi pUir Ueu oM
q uw 1982 M SUl xk pi us aQ o AkMU M iU mU
M ij cD, WSUoS, qqoD u oas Mrsr q eUMi
upa, oMa upa, oMa mruh upa, zWU oM upa u
pUo M Alr qWiumh upa q up rariA q qWiumh
mS mU Mq Mr W |
uiql q uW qZr qW mok, qS mokl upa, pUo,qqoD
q MrUi W | Cxx mWs uW pUo, oas M r lSzM
j | ElWl MmUO oM u rM oM M lkM qQs q p Aml
xu S W |
Brief Prole of the newly appointed Directors of the Board
of the Bank during 2014-15
Smt. Uma Shankar
Smt. Uma Shankar has been nominated on the Board
of the Bank with effect from 23.02.2015 as a Director
representing RBI. Smt. Uma Shankar holds a Master
Degree in Arts and is a Certied Associate of Indian
Institute of Bankers.
Smt. Uma Shankar started her career as a direct
recruit Grade B Ofcer in RBI in the year 1982 and
held important posts in various capacities in the Issue
Department, Banking Department, Department of
Banking Supervision, Urban Banks Department and other
important departments of RBI in Chennai, Hyderabad,
Mumbai and Bengaluru Ofces.
She is presently working as Chief General Manager,
Department of Currency Management, RBI, Mumbai.
Prior to this she was the Regional Director of RBI,
Bangaluru. She also served on the Boards of Corporation
Bank and UCO Bank earlier.

Shri Harideesh Kumar B

WUSz MqU o
WUSz MqU o M oM M MrmsM lSzM M m
q pUi xUMU M Akxcl SlMi 10.03.2015 U ElM
MrpU aWh MUl M ij x 31.05.2017 iM, ElM xulu
M Eq iM r Aas ASz iM, e p mWs W, M sL lr
Mr ar W | ElWl 11.03.2015 M MrpU aWh Mr W |
Shri Harideesh Kumar B has been appointed as Executive
Director of the Bank with effect from the date of his
assumption of charge of the post upto 31.05.2017, the
date of his attaining the age of superannuation or until
further orders, whichever is earlier, vide Government of
India Notication dated 10.03.2015. He has taken over
charge on 11.03.2015.

WUSz MqU o MlOM M Sh MQ es x W | ElWl
s q xliMU M Emk s W ij uw 1978 q uer oM M
xj Aml oMa MUrU z Mr |
ElWl SzpU q oM q up rariA us mS mU Mr Mr
W | ElM mii MUrU M 38 uw au, MsMi, qqoD,
AWqSoS, oas u Sss q oi W | ElWl oMa M up
mUcsliqM q Mr Mr W ij LM elMU u lmh
mzxM W |
ElWl pUi u uSz q mii xxjl q MD xqlU,xqqsl
u mzh Mrq q zUMi M W |
Shri Harideesh Kumar B hails from Dakshina Kannada
district of Karnataka. He is a Post Graduate with a Degree
in Law and started his banking career with Vijaya Bank in
the year 1978.
He has worked in various capacities in the bank across the
country. His distinguished career of 38 years spans across
Goa, Kolkata, Mumbai, Ahmedabad, Bangaluru and Delhi.
He has worked in various operational areas of banking
and is a knowledgeable and an able administrator.
He has attended various seminars, conferences and
training programmes at reputed institutions in India and
abroad.

u uer oM M cQaR, oasU u Sss r Mrsr M
mpU UW | ElWl MlU oM q MrmsM lSzM M iU mU
lr x mWs oM M Sss q qW mokM M m q
MrUi j|
He was in charge of Vijaya Banks Regional
ofces at Chandigarh, Bangaluru and Delhi.
He was heading the Banks Delhi Region as
General Manager prior to joining Canara Bank as
Executive Director.

67
 lSzM M Sriu uur
lSzM, 31 qc, 2015 M xqmi uw M sL uwM sZ M
irU q lql M m MUi W :
uwM sZ M irU q qWiumh ucsl x xoki Eci
xmMUh xWi Emr sZMl qlSQ M msl Mr
ar W |
M ElWl El sZMl lir M crl Mr W AU ElM
lUiU Almra Mr W AU lhr sL W ij Alql ML
W, e Eci AU uuMmh W iM ur uw M Ai q AU
Auk M SUl oM M sp r Wl oM M xji M xW
Lu xm xum mmi W xM |
M ElWl oM M Axir M xU M krl UZi WL
AU kZkQ AU Alr uxair M luUh M sL
pUi q xji oM M sL sa Mll mukl M Alm
mrmi sZMl UMQ M AlUh M sL Eci Lu mrmi
xukl oUi W |
M ElWl uwM sZ M irU spMU MUoUus xxj
Wl M AkU mU M W|
klruS
Aml xp WikUM rl zrUkUM, aWM, luzM, xUMU,
pUir Ueu oM, MqcUr u qZr m x eli M AkMiq
miTs Sl M sL oM l MD MSq EPL |
xUh M sL aWM, xWra M sL zrUkUM, qsrul
qaSzl u xWra M sL xUMU mkMUr u pUir Ueu
oM, xqkl ur uw M SUl Aml MrMs mU MUl
us lSzM, xWra u xZ M sL Sz u uSz q oM M
xmMMiA AU uMx u iU M Cx r q Aml mh
xWra Sl M sL xp MqcU xSxr M oQ mzx MUl
cWi W |
mql xW Uui
MrmsM lSzM
(mok lSzM u qZr MrMU AkMU-AiU mpU)
DIRECTORS RESPONSIBILITY STATEMENT
The Directors, in preparation of the annual accounts for the
year ended March 31, 2015, conrm the following:
That in the preparation of the annual accounts, the
applicable accounting standards had been followed
along with proper explanation relating to material
departures.
That they had selected such accounting policies and
applied them consistently and made judgments and
estimates that are reasonable and prudent, so as to
give a true and fair view of the state of affairs of the
Bank at the end of the nancial year and of the prot
or loss of the Bank for the period.
That they had taken proper and sufcient care for
the maintenance of adequate accounting records in
accordance with the provisions of applicable laws
governing banks in India for safeguarding the assets of
the Bank and for preventing and detecting fraud and
other irregularities.
That they had prepared the annual accounts on a going
concern basis.
ACKNOWLEDGEMENT
The Bank made several initiatives to maximize rewards for
all its stakeholders, viz., shareholders, customers, investors,
Government, RBI, employees and the public at large.
The Board wishes to place on record its sincere appreciation
to the customers for their patronage, to the shareholders
for their support, to the Government authorities and the
Reserve Bank of India for their valuable guidance and
support, to the Directors who completed their tenure
during the nancial year under review, to the Banks
Correspondents in India and abroad for their co-operation
and goodwill and to all staff members for their full support
in the pursuit of organizational growth and excellence.
PRADYUMAN SINGH RAWAT
EXECUTIVE DIRECTOR
(ADDITIONAL CHARGE AS MANAGING DIRECTOR & CEO )
68
 MUoU EUSriu UmO -2014-15
(xcMUh xqfi M kU 55 M Aiai)
1. Mml M MmUO mWcl x
xZr (xADLl) - sa lW
2. Mml M lq : MlU oM
3. meMi mi : MlU oM, mkl Mrsr, 112 e x UQ,
oas - 560002
4. uoxCO: www.canarabank.com
5. D-qs : edscrt2@canarabank.com
6. xci ur uw : 2014-15
7. exq Mml MrUi W (Ea rMsm MO uU) :
ur xuL, qZr m x oMa
8. Mml U lqi / Emsok MUL e UW il EimS / xuL:
1. jM oMa, 2. ZSU oMa, 3. aqh u Mw oMa
9. Mml U Mil xjl mU rMsm Mr e UW W
i. AiUr xjs M xZr (7 qZr xjs oiL)
eWxoa (Sh ATM), lr rM (xr Uer
AqUM), sSl u sxxOU (r M), WaMa u zbD
(cl eluS mei) ij oWUl (qlq)
EmU EssZi xjl M Asu, oM M milk
Mrsr zUeW, xr AUo AqUi q W Lu qxM,
x q xr Eq oM W rj, Mqzrs oM BT
CQr, LsLsx |
ii. Ms Ur xjs M xZr: 5675
10. Mml U xuL Emsok MUl M qMO - olS xZr 9 ((i))
M iWi EssZi AlxU Ur u AiUr
EmU EssZi xjl M Asu, oM M milk
Mrsr zUeW, xr AUo AqUi q W Lu qxM,
x q xr Eq oM W rj, Mqzrs oM BT
CQr, LsLsx |
pa Z : Mml M ur uuUh
1. mS me ((`q
q) `475.20
475.20 MUQ
2. Ms MUoU ((`q
q) : Ms MUoU `803876 MUQ (Ms
eqL: `473840 MUQ + lus Aaq `330036 MUQ)
BUSINESS RESPONSIBILITY REPORT 2014-15
(Under Clause 55 of Listing Agreement)
1. Corporate Identity Number (CIN) of the Company: Not
Applicable
2. Name of the Company: Canara Bank
3. Registered Address: Canara Bank, Head Ofce, 112,
J C Road, Bengaluru - 560002
4. Website: www.canarabank.com
5. E-mail id: edscrt2@canarabank.com
6. Financial Year Reported: 2014-15
7. Sector(s) that the Company is engaged in (Industrial
activity code-wise):
Financial Services, mainly banking.
8. List three key products/services that the Company
manufactures/provides (as in balance sheet):
1. Wholesale Banking 2. Retail Banking 3. Rural and
Agri-Banking.
9. Total number of locations where business activity is
undertaken by the Company
i. Number of International Locations (Provide details
of major 7)
Johannesburg (South Africa), New York (United
States of America), London and Leicester (UK),
Hong Kong and Shanghai (Peoples Republic of
China) and Bahrain (Manama).
Besides Locations mentioned above, the Bank has
a representative ofce at Sharjah, UAE and a Joint
venture Bank in Moscow, Russia, viz., Commercial
Bank of India, LLC.
ii. Number of National Locations: 5675
10. Markets served by the Company National and
International Market as mentioned under point
number 9 (i).
Besides locations mentioned under Point No.9 (i)
above, the Bank has a Representative Ofce at Sharjah,
UAE and a Joint Venture Bank in Moscow, Russia, viz.,
Commercial Bank of India, LLC.
Section B: Financial Details of the Company
1. Paid up Capital (INR): `475.20 crore
2. Total Turnover (INR): Total Business: `803876 crore
(Total Deposits: `473840 crore + Net Advances:
`330036 crore)
69
3. MU mi Ms sp ((` q) : `2703
2703 MUQ 3. Total prot after taxes (INR): `2703 crore

4. MU mi sp M Mil mizi MmUO xqeM 4. Total Spending on Corporate Social Responsibility

EUSriu mU Ms Zc: (%) : qeUMi mUrel
(CSR) as percentage of prot after tax (%): Sanctioned
2.48% : xuiUh: 1.12%
projects 2.48% Disbursement 1.12%
5. uw 2014-15 M SUl xLxAU M iWi qeU aiukr M
xc: 5. List of activities sanctioned under CSR during 2014-15:

(` sZ q) (` in lakh)
. mrei xuiUi No. of
rMsm qeU Uz Sl Amount Amount
Activity Sponsor-
x. xZr Uz No. Sanctioned Disbursed
ships
L z 395 1296.87 424.67 a Education 395 1296.87 424.67
b Health 136 379.88 290.71
o xuxjr 136 379.88 290.71
c Poverty & 25 268.56 17.91
x aUo AU mwh 25 268.56 17.91 Nutrition

uMsa urr u 39 254.26 85.93 d Persons with 39 254.26 85.93

Q Disability (PwD)&
uuxj
Old age
D Ms AU xxMi 2 20.00 10.00
e Art & Culture 2 20.00 10.00
LT Mzs uMx 7 2121.00 1348.35
f Skill Development 7 2121.00 1348.35
12 11.10 11.10 g Environment 12 11.10 11.10
e mruUh xU
Protection
Lc aqh uMx 11 1852.84 515.94 h Rural Development 11 1852.84 515.94
AD qWs xzMUh 396 60.00 50.00 i Women 396 60.00 50.00
Empowerment
e ur xUi 63 440.00 285.00
j Financial Literacy 63 440.00 285.00
Ms 1086 6704.51 3039.61 Total 1086 6704.51 3039.61

xuMi mrel M ZQ uU uaMUh : Segment-wise classication of Sponsorships sanctioned:

L) z ((` sZ q) a. Education (` in lakh)

. qeUi xuiUi Sl Name of Amount Amount

Sl aW M lq Ezr Purpose
x. Uz Uz No. Donee Sanctioned spent
144.00 0.00 1 Womens college, Construction of 144.00 0.00
1 qWs Mse, Mse pul M
cMossmU lqh Chikkaballapur college building

59.50 0.00
2 qWs Mse, WDOM 2 Womens college, Construction of 59.50 0.00
cMossmU mxiMsr M Chikkaballapur hitech library
lqh
1.32 1.32
3 eLxLxLx mzh MlS 3 GSSS Charitable Computers for 1.32 1.32
cUOos TEQzl Wi MmrOU Foundation, training centres
Bengaluru

70
4 xQ xuhuss S M aW M 10.00 0.00 4 Sonda Swarnavalli Construction 10.00 0.00
vidya samsthe, of two class
u xqxj, Wos lqh Hubli rooms
5 MHN Govt. Pre Provided 3.30 3.30
5 LqLcLl xUMU 10 QxMOm 3.30 3.30 University College, 10 desktop
m-rluxO MmrOU Emsok Hubli computers
Mse, Wos MUr ar 6 Swamy Programme at 9.00 4.5
Vivekananda Youth VLEAD Mysore
6 xuq uuMlS uLsDLQ qxU 9.00 4.5 Movement Mysore
rj quqO qxU q Mrq

7 Sri Akhila Havyaka Construction of 10.00 4.00

7 AZs WurM mxiMsr M 10.00 4.00 Mahasabha , library room
Bengaluru
qW xp, oas M lqh
8 Madhyamika Solar lighting 1.36 1.17
Shikshana Prasara and water
8 qkrqM zh usr Wi xU 1.36 1.17 Samithi ,Hubli heater for
mxU xqi, mMz AU uOU schools
Wos WOU 9 Higher Primary Computers and 0.93 0.93
school, Balesara LCD portable
9 WrU mCqU 0.93 0.93 projector
xMs, osxU 10 MSV Group of Construction of 10.00 10.00
Institutions , class rooms
Bengaluru
10 LqLxu am BT M aW M 10.00 10.00
11 Sri Construction 9.20 3.94
CxOzl, oas lqh Sangameshwara of dining and
Kannada prayer hall
11 xaqU pel AU mjl 9.20 3.94 Higher Primary
MQ WrU mCqU M M lqh school,Bengaluru
xMs, oas 12 Mandya Dist.Admn Renovation of 5.0 0.00
Mandya Govt. school at
12 q es ollaQ q 5.0 0.00 Banangadi
13 Government 4 computers 1.72 1.72
mzxl - q xUMU xMs Higher Primary and accessories
M luMUh school , Bandal 4 for school
computers and
13 aulqO WrU xMs Wi 4 1.72 1.72 accessories for
mCqU xMs, MmrOU u xql school, Hubli
14 Sri Gajanana Providing 8 1.15 1.15
oQs, Wos Vidyavardhaka channel CCTV
Sangha, system to
14 aell xMs M 8 1.15 1.15 Sampakhand school
uukM xb, cls xxOu Sirsi providing
xqmZQ, xUx mhs Emsok 8 channel CCTV
system to school,
MUl Sirsi
15 SELCO Foundation E-shala at 15 7.05 0.00
15 xsM TEQzl, 15 xUMU xMs 7.05 0.00 - E shala at 15 Government
EU MQ es q D-zs Govt. schools, schools
Uttara Kannada
16 uuMllS xMs ox xuUe 14.23 14.22 dist.
zhM xxjl, qeS Emsok 16 Sri Vivekananda Providing 14.23 14.22
Educational school bus
WulWSass MUl Institute, Swaraj Mazda
Huvinahadagali
17 UxOjl mUwS, ul so M 14.25 0.00 17 Rastrothan Setting up 14.25 0.00
oasU xjml Parishad, Science lab
Bengaluru

71
 18 Sur Sm cUOos WxOs u M q 9.47 0.00 18 Divya Deep E Llearning 9.47 0.00
OxO, qxU D-sla xuk Charitable trust , facilities and
u xU mMz Mysore solar lighting
to hostels and
19 oq aqh uMx aqh xUMU 4.32 0.00 classrooms
xaPl xMs N M 19 Beem Rural Supplementary 4.32 0.00
AlmUM z Development education
Mrq Organisation programme
supplementary to Rural Govt.
20 mx UqU xMs M MmrOU 10.00 0.00 education school children
aqh z Emsok MUl programme to
xqi, WxSa Rural Govt. school
- zuqa children, Bengaluru
20 Sri Prasanna Providing 10.00 0.00
21 qslQ z clSl xMs M 10.00 10.00 Rameshwara Rural computers to
u aqh uMx xMs ox Education Society, school
xqi, xUx Hosadurga
Shimoga
22 Su zh M M lqh 9.90 0.00 21 Malenadu School bus 10.00 10.00
xqxj, WsMs Education & Rural to Chandana
Dev.society, Sirsi school
23 xqlur OxO os pUi WrU 9.95 0.00 22 Sridevi Shikshana Construction of 9.90 0.00
olSa mCqU xMs q Samsthe, Hulikal class rooms
BQOUrq M
lqh 23 Samanvaya Trust Construction 9.95 0.00
Bandagadde of Auditorium
24 eos z TQ, oM oM Wi 10.00 10.00 at Balabharathi
Mmx Higher Primary
oas school
25 pUi sM z LMs xMs M 4.00 0.00 24 Jubilee Education Corpus fund for 10.00 10.00
mUwS, lD Sss Amlr el Fund, Bengaluru book bank
25 Bharat Lok Shiksha Adoption of 4.00 0.00
Parishad, New Ekala schools
26 xoUqi Aq, mzA Wi 56.05 56.05 Delhi
AWqSoS zcsr M
lqh 26 Sabarmati Ashram, Construction 56.05 56.05
Ahmedabad of toilets for
27 aeUi aulqO xUMU Mqx 4.81 4.81 trainees
Mqx Mse, Mse q xqO 27 Gujarat Govt Setting up 4.81 4.81
aeUi Ysx M xjml Commerce College, of smart
Gujarat class in Govt
28 mrx xzs 450 N M 10.00 10.00 Commerce
usTrU xxCO, l:zsM z college
TUSoS 28 Prayas Social Free education 10.00 10.00
Welfare Society , to 450 students
29 ql sCT ur xUi u 9.60 0.00 Faridabad
TEQzl, qqoD QO WsmsCl 29 Money Life Financial 9.60 0.00
Foundation, literacy and
30 O Lq Acr sQMr Wi 10.00 10.00 Mumbai credit helpline
xqUM OxO, Nux 30 T M Acharya Hostel for girls 10.00 10.00
uQSU Smarak Trust,
Vadodara
31 Mzl xql D-zs xqO 9.54 0.00
xMs, siU M 31 Shri Kishan Somani E shala smart 9.54 0.00
School, Latur class rooms
32 es mzxl, Mzs uMx 7.50 7.50 32 District Provided 50 7.50 7.50
cU Wi 50 MmrOU Administration, computers
Emsok MUr ar Trichur for skill
development
33 xUxui zz xMs Wi MmrOU 13.27 13.27 33 Saraswathi Shishu Computers for 13.27 13.27
qlSU, qUP Mandir, Meerut schools
34 Saraswati School bus 9.95 9.95
34 xUxui WqclS xMs ox 9.95 9.95 Hemchand Tyagi
ira xUxui Saraswati Vidya
u qlSU qUP Mandir Meerut

72
35 Ar l uMx asx AU eri 3.00 0.00 35 Akshay Gyan Vikas Construction of 3.00 0.00
xxjl, sZlF oOx LMQq Sansthan,Lucknow toilets for girls
Wi zcsr M Akshar Jyothi
lqh BTC Academy
T Q x BT LMs xMs M 36 Friends of tribal Adoption of 4.00 0.00
36 4.00 0.00 society,Coimbatore Ekala schools
OCos xxrO, Amlr el
MrqoiU 37 Swachha Vidyalaya Toilet for girls 500.00 0.00
campaign Dindigul in 200 Govt.
37 QQas u qSU QQas u qSU 500.00 0.00 and Madurai dists. schools in
es q xucN es q 200 Dindigul and
usr Aprl xUMU xMs Madurai dists
q sQMr Wi 38 Govt. Tribal Installation of 7.75 0.00
zcsr Residential solar lighting
Primary School, system and RO
38 xUMU OCos xU mMz mhs 7.75 0.00 Karumandurai, water plant
UxQzrs u AUA uOU Salem
mCqU xMs, msO M xjml 39 Construction of Construction 2.6 2.6
MqlSU, xsq toilets at Schools, of toilets at
39 zcsr M xMs q zcsr 2.6 2.6 Purnea Schools
lqh - xMs M lqh 40 Rural Development Construction 0.00
q, mhr Trust Ananthapur of two school 10.00
buildings
40 aqh uMx S xMs osQa 0.00 41 District Installation of 2.06 0.00
lrx, AlimU M lqh 10.00 Administration, incinerators
Cuddalore to Govt.High
41 es mzxlp MQsU es q 2.06 0.00 school in
MQsU xUMU WD xMs Cuddalore dist.
q ClxlUOx M 42 Sanathan Dharma Purchase of 0.74
xjml Girls College, computers 0.74
42 xlil kq asx MmrOU M ZUS 0.74 Mussorie
Mse, qxU 0.74 43 Canara Vidya Scholarship 124.60 153.00
Jyothi scholarship to SC/ST girls
43 xp Acs q A.e./A.e.e. 124.60 153.00 Implemented in all students
Mrui MlU NA Wi circles
u eri Nu 44 Ajim Premji Scholarship to 31.25 0.00
Nu University, 25 PG students
Bengaluru
44 Aeq mqe 25 me N M 31.25 0.00
Nu 45 Various branches Furniture 110.50 90.50
rluxO, oas of Canara Bank items, Desk &
benches,
45 MlU oM M TlcU qS, QxM 110.50 90.50 computers,
up zZL u oc, MmrOU, water purier,
uOU mrUTrU, note books,
lOoM, oa, AS bags etc.,
Ms 1296.87 424.67 Total 1296.87 424.67

o) xuxjr b. Health
(` sZ q) (` in lakh)
Amount
. Sl aW qeUi xuiUi Sl Name of Amount
Ezr Purpose spent/
x. M lq Uz Uz No. Donee Sanctioned
debited
1 erSu CxOO MQrM Mjso 75.00 75.00 1 Jayadeva Institute of Installation of 75.00 75.00
BT MQrse - M xjml Cardiology cardiac cardiac cathlab
MQrM Mjso cathlab

73
2 srx AD WxmOs, EmMUh u 9.64 2 Lions Eye Hospital, Equipments and 9.64 9.64
oUMU elUOU 9.64 Barkur generator

3 Goraguntepalya Blood donation 0.10 0.10

3 aUaOmsr rj U-Sl Mqm 0.10 0.10 Youth Association camp
LxxLzl
4 Prajwal M Nayak, Participation in 0.40 0.40
Yogasana International
4 meeus Lq lrM, AiUUr 0.40 0.40 competition
raxl mirai q
paSU
5 TSS Shripad Hegde Ambulance for 10.00 10.00
Kadave Institute hospital
5 OLxLx mS WaQ Axmis Wi 10.00 10.00
MSu CxOO Lqosz

6 M/s Arkajyothi Assistance to 5.00 0.00

6 qxx AMeri AsQ Le Wq 5.00 0.00 Welfare Trust old age home
usTrU OxO M xWri
7 Nemmadi Sri Old Age home 7.54 6.70
Lakshminarasimha amenities
7 lqqQ AsQ Le Wq 7.54 6.70 Trust
sqlUxqW OxO xukL

8 xlkr Sm oas Uar Wi xCQ 0.50 0.50 8 Sandya Deepa Side rack for 0.50 0.50
UM Bengaluru patients

9 Omashram Trust Purchase of 3.80 3.80

9 Aqq OxO DM uWl M 3.80 3.80 purchase of Eeco Eeco vehicle
ZUS vehicle

10 Tx - DM u 9.90 9.90
qlur Axmis WqQrsxx
AUuLq TEQzl qzl 10 FOSA Humanitarian Eeco and 9.90 9.90
hospital RVM Haemodialysis
Foundation machine
11 us COUlzls Ei l 9.20 9.20
CxOrO BT SZps M 11 Vittala International Refurbishment 9.20 9.20
Bmjsqse lulMUh Institute of of Advanced
``lrl'' Ophthalmology eye care unit
Nayana
12 MlU oM UWi u xu Axmis 40.00 20.15
Msrh xqi Wi EmMUh 12 Canara Bank Relief & Equipments 40.00 20.15
Welfare society for Sevakshetra
hospital
13 CQrl UQ x qqaT CMD 28.00 17.40
xqi, mh 13 Indian Red Cross, Mammography 28.00 17.40
Society, Pune unit

74
14 qsoU MxU xOU, Oqm OusU M 9.35 9.35 14 Malabar Cancer Purchase of 9.35 9.35
ZUS centre, Tellicherry tempo traveller
OscU
Tempo traveller
15 Anugraha Charitable Purchase of 4.40 4.40
15 AlaW cUOos OxO, qi DM 4.40 4.40 Trust, Ernakulam Eeco ambulance
LUhMsq Lqosx M Maruthi Eeco
ZUS ambulance
16 Navoothan Mobile cancer 10.00 10.00
16 lujl cUOos qoCs MxU 10.00 10.00 Charitable unit
TElQzl rlO Foundation
17 District Hospital Linear Accelator 25.00 0.00
17 es Axmis MxU EmcU Wi 25.00 0.00 Ernakulam device for
LUhMsq UZr iuUM cancer
treatment
18 CQrl UQ x MOM osQ oM 7.88 0.00 18 Indian Red Equipments for 7.88 0.00
xxCO, pulU Wi EmMUh Cross Society, Cuttack blood
Bhubaneshwar bank
19 asos MxU qzl, MxU eaMi 7.50 7.50 19 Global cancer Cancer 7.50 7.50
qqoD Mqm mission, Mumbai awareness
camps
20 xUMU es Emxkl M xj 6.51 6.51 20 Government District Force cruiser 6.51 6.51
Axmis, MU Tx eU uWl
Hospital, Karur vehicle with
accessories
21 14.80 14.80
uMOU 21 Sri Venkateshwara Procuring 14.80 14.80
UqlUrh Cr Lqosx mmi Ramnarayan Ruia Ambulance
aulqO elUs MUl Govt. General
WxmOs, imi Hospital, Tirupati
22 Swami Vivekananda Mobile Health 14.36 14.36
Institute, care unit
xuq uuMllS qoCs Wsj
22 14.36 14.36 Pavagada
CxOO, muaQ MrU rlO
23 Various branches of Conducting 81.00 61.00
Wsj cM Am Canara Bank health check
up camps,
Mqm, USl
blood donation
Mqm, QOs
camps, dental
cM Am Mqm
MlU oM M up check up camps,
23 Arei MUl, 81.00 61.00 providing
zZL
Axmis M medical
qQMs EmMUh instruments to
Emsok MUl hospitals etc.,
AS

Ms 379.88 229.71 Total 379.88 229.71

75
x) aUo u mwh c. Poverty & Nutrition:
(` sZ q) (` in lakh)

. qeUi xuiUi Sl Name of Amount Amount

Sl aW M lq Ezr Purpose
x. Uz Uz No. Donee Sanctioned spent

1 Arm xucsi UxD 250.00 0.00 1 Akshayapatra Setting up of 250.00 0.00

TElQzl, oas aW M xjml Foundation, Automated
Bengaluru kitchen
2 M Lx AU O Alxkl xWri 8.84 8.84
AD, qxU mS ASuxr 2 KSRTI, Mysore Four wheeler 8.84 8.84
M sL cU for research
mWr uWl assisted tribals
3 Sisters of charity Furniture and 2.32 2.32
3 xxOx BT TlcU u xU 2.32 2.32
cUO BT xO mMz mhs of St Anne, solar lighting
L, oas Bengaluru system
4 Nivasa Smokeless 0.65 0.00
4 lux - bU Wi kqUWi 0.65 0.00 Thimmayandoddi stoves to
jqqrlQQQ xOu households
5 Sri Sai Spiritual Delivery van 6.75 6.75
5 xD xMs N M 6.75 6.75 centre, Bengaluru with aluminium
AkriqM MlS, pel Sl Wi
Asrqlrq container for
oas
MOlU xWi feeding for
QsuU ul school children

Ms 268.56 17.91 Total 268.56 17.91

b. uMsa (m Qosr Q) d. Persons With Disability (PwD):

(` sZ q) (` in lakh)

. qeUi xuiUi Sl Name of Amount Amount

Sl aW M lq Ezr No. Donee
Purpose
x. Uz Uz Sanctioned spent

1 1 Snehadeep Trust, Computers for 5.35 5.35

xlWSm OxO lWl N Wi 5.35 5.35 computers for blind children
MmrOU blind children
2 2 Shree Ramana Construction 2.05 2.05
Uq qWw ojq / OrsO M 2.05 2.05 Maharshi of bathroom/
LMQq TU lqh Academy for Blind toilets
osCQ, oas Bengaluru

3 MlU oM UWi xu 3 Canara Bank Braille 42.50 0.00

42.50 0.00 Relief & Welfare transcription
u Msrh xqi Axmis Wi os society centre
misZl MS equipments
EmMUh for Sevakshetra
hospital

76
 4 4 Karnataka Parents Construction 10.00 0.00
MlOM mUOx qOs UOUQQ urr 10.00 0.00 Association for of building
Lxxrzl Wi osQa M lqh Mentally Retarded for mentally
TU qOs Citizens (KPAMRC) retarded
UOUQQ xOel persons
(MmLLqAUx) 5 Association Renovation of 5.20 0.00
for mentally bathrooms/
5 challenged , toilets
Lxxrzl TU ojq / OrsO M 5.20 0.00
Renovation of
qOs cse, luMUh bathrooms/toilets
6 6 Seva Niketan Construction 70.00 33.93
xu lMil uMsa Wi mzh u 70.00 33.93 Raipur of training and
UrmU mlux MlS M lqh construction rehabilitation
of training and centre for
7 rehabilitation disabled
LYzl TU MUrU uMx M M 59.56 0.00
center for disabled
LosO xjml
7 Action for Ability Setting up 59.56 0.00
QusmqO LQ
Development & of career
ClYsel, lD inclusion, New development
Sss Delhi cell
8 8 ALIMCO Distribution of 30.00 30.00
LsqM - Mq Aa M xuiUh 30.00 30.00 Articial Limb articial limb
Mq Aa lqh Manufacturing
M., MlmU Co., Kanpur
9 Jayadeeban Sports kit for 0.10 0.10
9 sports,Bengaluru International
erSol - AiUUr mirai M 0.10 0.10 competition
xmOx oas sL Zs MO
10 Various branches Assitance to 29.50 14.50
10 of Canara Bank physically/
MlU oM M zUUM / qlxM 29.50 14.50 mentally
up zZL m x Aq M sr challenged,
xWri, uWl, EmMUh, providing
AS mSl MUl vehicles,
equipments,
etc.,
Ms 254.26 85.93
TOTAL 254.26 85.93

Q. Ms u xxMi e. Art & Culture:

(` sZ q) (` in lakh)
. Sl aW M lq Ezr qeUi xuiUi Sl Name of Purpose Amount Amount
x. Uz Uz No. Donee spent/
debited
1 qxi uMOz Ua qlSU M 10.00 0.00 1 Sri Masthi Renovation of 10.00 0.00
AraU Ua qlSU luMUh Venkatesh Ranga Mandira
Iyengar Ranga
Mandira
2 Q. cQqh Nu oll M 10.00 10.00 2 Dr Art of Image 10.00 10.00
llSams Ms Choodamani making
Nandagopal
Ms 20.00 20.00 Total 20.00 20.00

77
c. Mzs uMx f. Skill Development:
(` sZ q) (` in lakh)
. Sl aW M lq Ezr Uz xuiUi Sl Project/Activity Purpose Amount Amount
x. Uz No. spent/
debited
1 uMxl Mzs uMx 3.00 0.00 1 Vikasana IIMB Skill 3.00 0.00
ADADLqo Mrzs social service club development
xzs xux workshop
Yso
2 Rotary Club Online 10.00 0.00
2 UOU Yso BT oAUDO xsrzl 10.00 0.00 of Bengaluru coaching
oas, sMxCQ M qkrq x Lakeside through BReT
BlsCl Mca solutions
3 Canara Bank Providing 1468.00 1050.00
3 MlU oM zioS xmh pUiuw q 1468.00 1050.00 Centenary Rural training cost
aqh uMx 26 AUxO, 3 Development Trust of 26 RSETIs, 3
OxO (QxO) AOzl Ola (CBCRD) Artisan Training
CxOO u 5 Institutes and
xoADADO 5 CBIITs all over
M mzh sai India
Emsok MUl 4 Rural 40% training 580.00 260.00
4 aqh uMx xmh pUiuw 580.00 260.00 Development & expenditure of
Lu xuUeaU q xp 27 Self Employment all 27 RUDSETIs
mzh xxjl AUrQxO M training all over India
(QxO) 40% mzh urr institute(RUDSETI)
5 S z mQ a qh SzmQ 50.00 38.26 5 Deshpande Rural Providing 50% 50.00 38.26
uMx mzh AUrQxO, Development of training
xxjl Wsrs M mzh Training Institute expenditure
(Q QxO), urr M 50% (DRUDSETI), of Deshpande
Wsrs Emsok MUl Haliyal RUDSETI,
6 Alk mSz LmoADAUDQ 10.00 0.09 Haliyal
aqh u Eqi xxjl M mzh 6 Andhara Pradesh Providing 10% 10.00 0.09
uMx oMx sai M 10% Bankers Institute of training cost
xxjl Emsok MUr el of Rural and of the APBIRED
(LmoADAUDQ) Entrepreneurship Institute
Dev (APBIRED)
Total 2121.00 1348.35
Ms 2121.00 1348.35

N. mruUh g. Environment:
(` sZ q) (` in lakh)
. Sl aW Ezr Uz xuiUi Sl Name of Purpose Amount Amount
x. M lq Uz No. Donee spent/
debited
1 MmUzl xO zWU M xTD 10.00 10.00 1 Corporation City cleaning 10.00 10.00
BT mhe, au M Ezr city of Panaji, purpose
- OO OmU Goa Tata
tipper
2 mruUh xUh Aprl 1.10 1.10 2 Environment Organising 1.10 1.10
xxjl Arei MUl Protection campaigns
Institute
Ms 11.10 11.10 Total 11.10 11.10

78
e) aqh uMx h. Rural Development:
(` in lakh)
(` sZ q)
Sl Name of Purpose Amount Amount
. Sl aW M lq Ezr Uz xuiUi No. Donee spent/
x. Uz debited
1 KAVFS Bidar Mobile van for 3.82 3.82
1 MLuLTLx, mz cMix 3.82 3.82 veterinary care
oSU SZps Wi
qoCs ul
2 Deshpande Solar lanterns 30.00 0.00
RUDSETI, Haliyal to rural self help
2 SzmQ QxO xur xWri 30.00 0.00 group households
Wsrs xqW M bU Wi 3 Sri Lakshmi Construction of 2.00 0.00
xU ssOl Narasimha Trust, water tank
Murulya
3 sq lUxqW uOU OM M 2.00 0.00
4 Ramnagar RO RO water plant 7.40 0.00
OxO, qsr lqh water plant, Sirsi installation
4 UqlaU AUA AUA uOU 7.40 0.00 5 Initiatives for Ford Incubation 8.44 0.00
uOU msO, xUx msO xjml Development centre at
Foundation, Belgaum
5 uMx TElQzl osaq q TQ 8.44 0.00 (IDF)
Wi mWs, Fwqrl MlS 6 Construction of Construction 8.75 0.00
(ADQLT) Road & Drainage of Road and
in Chinakarihally Drainage
6 clMUWss es q xQM 8.75 0.00 Vakkalegere
usaU MSU u eslMx M Kadur hobli
Wos cMqasU lqh Chickmagalur
Dist.
7 OAUADLTDQ - OCos Wl WOU 2.02 2.02
7 TRIFED Training to tribal 2.02 2.02
OCos Wl WOU M mzh
training to Tribal honey hunters
M mzh Honey Hunters
8 iqslQ Mw Oqm OusU 9.51 0.00 8 Tamilnadu Tempo traveler 9.51 0.00
uusr, qSU Lqosx Agricultural ambulance
University,
9 UxmUq laU- zqxl M 5.00 0.00 Madurai
msM - xsq lqh 9 Rasipuram construction of 5.00 0.00
Municipality crematorium
10 AlimU es 5 au q AUA 10.00 0.00 Salem
mzxl msO 10 Ananthapur RO plant in 5 10.00 0.00
District villages
11 S Lxxrzl aqh xqSr 7.90 7.90 Administration
BT MjsM mO uMx Wi
osrU qWlS osU 11 The Association Mahindra Bolero 7.90 7.90
of Catholic Port vehicle for rural
uWl
Blair community
12 AUA mr es MsU u 1758.00 91.89 development
xr cMossmU
12 RO drinking Installation of RO 1758.00 91.89
es M 217 water plants drinking water
au q AUA plants in 217
mr es msO villages in Kolar &
M xjml Chikballapur dist.

79
 13 LMMi aS sr ar 63 410.31 13 Integrated Holistic 410.31
aqh uMx au q xqa village development
Mrq uMx development in adopted 63
programme villages
(MlU
(Canara
aqa rel) Gramodaya
scheme)
Ms 1852.84 515.94
Total 1852.84 515.94

AD) qWs xzMUh: i. Women Empowerment :

(` sZ q) (` in lakh)
. mUrel/ Ezr Uz xuiUi Sl Project/ Purpose Amount Amount
x. aiuk Uz No. Activity spent/
debited
1. MlU oM mkl qWsA Wi 60.00 50.00
Mrsr, Acs Eq uMx 1. Canara Organizing 60.00 50.00
Banks entreprenuship
Mrsr qWs Mrq,
Head ofce, development
Eqi uMx mUqz xuL, Circle programmes to women,
MlS qWs Eqr ofces counseling of women,
Wi umhl CEDW organizing marketing
Mqm AEOsO centres camps outslets for
Arei MUl women entrepreneurs

e) ur xUi: j. Financial Literacy :

(` in lakh)
(` sZ q)
Sl Project/ Purpose Amount Amount
. mUrel/ Ezr Uz xuiUi No. Activity spent/
x. aiuk Uz debited
1. 65 MlS eli M l:zsM 440.00 285.00 1. Financial 65 Financial 440.00 285.00
mU ur xUi mUqz xuL Sl literacy literacy centres
MlS Wi es/osM centres at opened at
(LTLsx) xiU mU 65 ur 65 centres District/block
xUi MlS (FLC) levels for giving
free counseling
Zs aL
to public
pa a: Alr uuUh
uuUh Section C: Other Details
1. Yr Mml M MD Alwa Mml / Mmlr W? 1. Does the Company have any Subsidiary Company/
W, Mml M xi bUs Alwar, LM xWra Mml AU Companies?
uSz q LM xr Eq W - Yes. The Company has seven domestic subsidiaries, an
associate company and a Joint Venture at an overseas
M) MloM ucU MmOs TQ s. .
destination, viz.,
Z) MloM TYOU s.
a) Canbank Venture Capital Fund Ltd.
a) MlU oM xYrUUOe s.
b) Canbank Factors Ltd.
b) MloM MmrOU xuxe s. . c) Canara Bank Securities Ltd.
X) MloM TCllxrs xuxe s. d) Canbank Computer Services Ltd.
c) MlU UoM LxO qleqO Mml s. e) Canbank Financial Services Ltd.
N) MlU LcLxox Aox sCT ClzrUlx Mml s. f) Canara Robeco Asset Management Company Ltd.
g) Canara HSBC OBC Life Insurance Company Ltd.
e) Ml Tl Wqx s. (xWra Mml) h) Cann Homes Ltd., (Associate Company).
f) LxoAD M xj qxM q Mqzs oM BT CQr i) Commercial Bank of India LLC, in Moscow in
LsLsx (xr Eq) association with SBI (Joint Venture).

80
2. Yr Alwa Mml/Mmlr oAU mWs q miM Mml
M xj pa si W? rS W W Lx Alwa(r) M xZr
S|
W, LM Alwa Aji MlU LcLxox Aox eul oq
Mml s. oAU mWs q pa si W|
2. Do the Subsidiary Company/Companies participate in
the BR Initiatives of the parent company? If yes, then
indicate the number of such subsidiary company(s).
Yes. One Subsidiary, viz., Canara HSBC OBC Life
Insurance Company Ltd. is involved in BR initiatives.

3. Yr Alr xxj/xxjL (rl AmiM, uiUM AS) e 3. Do any other entity/entities (e.g. suppliers, distributors
M Mml M xj MUoU MUi W, o AU mWs q pa si etc.) that the Company does business with, participate
in the BR initiatives of the Company? If yes, then
W? rS W i Lx xxj/xxjA M mizi SzL| ( 30%
indicate the percentage of such entity/entities? [Less
x Mq, 30-60%, 60% x erS) than 30%, 30-60%, More than 60%].
zlr Nil
pa b : MUoU EUSriu xcl Section D: BR Information
1. oAU M sL EUSr lSzM / lSzM M uuUh 1. Details of Director/Directors responsible for BR
M) oAU msx / msxr M Mrlui MUl M sL eqqSU a) Details of the Director/Directors responsible for
lSzM / lSzM M uuUh : implementation of the BR policy/policies
. orU uuUh S. Particulars Details
x. No.
1 QADLl xZr (rS sa W i) 06701854 1 DIN Number (if applicable) 06701854
2 lq mql xW Uui 2 Name Shri P S RAWAT
3 mSlq MrmsM lSzM 3 Designation Executive Director

Z) oAU mkl M uuUh b) Details of the BR head

. orU uuUh S. Particulars Details
x. No.
1. QADLl xZr (rS sa sa lW 1. DIN Number Not Applicable
W i) (if applicable)
2. lq Lx Lx pO 2. Name Shri S S Bhat
3. mSlq qZr qW mokM 3. Designation Chief General Manager
4. SUpw 080 22128840 4. Telephone number 08022128840
5. D-qs pcw@canarabank.com 5. e-mail id pcw@canarabank.com

2. xi-uU (Llue M AlxU) oAU msx / msxr (W / lW q EU)

.x. mzl m
m11 m
m2
2 m
m33 m
m44 m
m55 m
m66 m
m77 m
m88 m
m9
9
1. Yr AmM mx ---- M sL msx/msxr W. W W W W W W W W W
2. Yr msx zrUkUM M mUqz M xj olr ar W?
W W W W W W W W W

3. Yr msx Ur /AiUr qlM M Alm W? rS W, oiL ( Mus 50

W W W W W W W W W
zoS)
4. Yr msx oQ U AlqSi W? rS W i Yr rW LqQ/xDA/Emr
W W W W W W W W W
oQ lSzM U WxiUi W?
5. Yr Mml msx M Mrlurl M mruh MUl M sL oQ/lSzM/
W W W W W W W W W
AkMU M MD ulS xqi W?

81
 6. msx M BlsCl SZl M sL sM SzL| $ W W W W W W W W W
7. Yr msx M xp AiUM ij o zrUkUM M xci Mr ar W? W W W W W W W W W

8. Yr Mml q msx/msxr M sa MUl M sL AiUM uruxj W?. W W W W W W W W W

9. Yr Mml q msx/msxr x xoki zrUkUM M zMri M SU
MUl M sL msx/msxr x xoki zMri luUh i W? W W W W W W W W W

10. Yr Mml l Cx msx M rlurl M sL xui sZ mU /

lW lW lW lW lW lW lW lW lW
qsrMl MUur W?
$www.canarabank.com

2. Principle-wise (as per NVGs) BR Policy/policies

(Reply in Y/N)
S. No. Questions P1 P2 P3 P4 P5 P6 P7 P8 P9
1. Do you have a policy/policies for.... Y Y Y Y Y Y Y Y Y
2. Has the policy being formulated in consultation with the relevant Y Y Y Y Y Y Y Y Y
stakeholders?
3. Does the policy conform to any national /international standards? Y Y Y Y Y Y Y Y Y
If yes, specify? (50 words)
4. Has the policy being approved by the Board? If yes, has it been signed
by MD/Owner/CEO/Appropriate Board Director. Y Y Y Y Y Y Y Y Y

5. Does the company have a specied committee of the Board/ Director/ Y Y Y Y Y Y Y Y Y

Ofcial to oversee the implementation of the policy?
6. Indicate the link for the policy to be viewed online? $ Y Y Y Y Y Y Y Y Y
7. Has the policy been formally communicated to all relevant internal Y Y Y Y Y Y Y Y Y
and external stakeholders?
8. Does the company have in-house structure to implement the policy/ Y Y Y Y Y Y Y Y Y
policies.
9. Does the Company have a grievance redressal mechanism related to
the policy/policies to address stakeholders grievances related to the Y Y Y Y Y Y Y Y Y
policy/policies?
10. Has the company carried out independent audit/evaluation of the N N N N N N N N N
working of this policy by an internal or external agency?
$www.canarabank.com

2M)
M) rS . x 1 M Mx xi M EU lW W i Mmr MUh oiL ( uMsm 2 iM c saL)
.x. mzl m
m11 m
m22 m
m3
3 m
m44 m
m55 m
m66 m
m7
7 m
m88 m
m99
1 Mml xi M lW xqf mD W
2 Mml Ap Ex xji q lW W M ulS xi M sL msx
olL u Ex sa MU mL|

3 Mml M mx Cx Mq M sL ur r qlur xxkl lW W

4 Aas 6 qWl q Cx MUl M rel W

82
 5 Aas 1 xs q Cx MUl M rel W
6 Alr MD MUh ( Mmr oiL) oM l Aml xii uMx ij MmUO xqeM
EUSriu li M mri M W AU ClM
Mrlurl M laUl xii uMx xqi ij
MmUO xqeM EUSriu xqi U Mr
eLa |
2a. If answer to S.No.1 against any principle, is No, please explain why: (Tick up to 2 options)

S.No. Questions P1 P2 P3 P4 P5 P6 P7 P8 P9
1 The Company has not understood the Principles
2 The company is not at a stage where it nds itself in a
position to formulate and implement the policies on specied
principles
3 The company does not have nancial or manpower resources
available for the task
4 It is planned to be done within next 6 months
5 It is planned to be done within the next 1 year
6 Any other reason (please specify) Bank has formulated its Sustainable
Development and Corporate Social
Responsibility Policy and the implementation
of the same would be monitored by the
Sustainable Development and Corporate
Social Responsibility Committee.

3. oAU x xoki Apzxl 3. Governance related to BR

Mml M oAU M lwmSl M lSzM qQs, oQ M xqi
r xDA U Mil AiUs mU AMsl Mr ei W| 3
qWl q , 3-6 qWl q, xsl, LM xs x erS
3-6 qWl
Yr Mml oAU r xjUi UmO mMzi MUi W? Yr Cx
UmO M SZl M sL WDmUsM W? Cx Mil AiUs mU
mMzi Mr ei W?
UmO uwM m x mMzi Mr e UW W AU WCmU
sM mU Emsok MUr ar W |
pa Q. : xi uU lwmSl
xi 1 : MUoU liMi,
iMi, mUSzi AU euoSW M xj
Mr eL ij xur lri W|
1. Yr liMi, UiZU AU pcU x xoki li Mus
Mml mU W muUi W? W / lW
Yr rW xqW / xr Eq / AmiMi / PMSU / aU
xUMU xaPl / Alr mU sa W?
W | oM M oQ U AlqSi MmUO mzxl li W e
M xp zrUkUM rl eqMA, zrUkUM, aWM,
Indicate the frequency with which the Board
of Directors, Committee of the Board or CEO to
assess the BR performance of the Company. Within
3 months, 3-6 months, Annually, More than 1 year
3-6 months
Does the Company publish a BR or a Sustainability
Report? What is the hyperlink for viewing this report?
How frequently it is published?
The Report published annually and made available
under the hyperlink www.canarabank.com/english/
scripts/Annualreport.aspx
Section E: Principle-wise Performance
Principle 1: Businesses should conduct and govern
themselves with Ethics, Transparency and Accountability
1. Does the policy relating to ethics, bribery and
corruption cover only the company? Yes/ No.
Does it extend to the Group/Joint Ventures / Suppliers/
Contractors/NGOs /Others?
Yes. The Bank is having a Board approved Corporate
Governance Policy, which is drawn with an overall 3.

83
 EkUMA, MqcUr AU xqe M MmUO qsr, AcU
xWiA ij Alr Eci uruWU M qlM M AlxUh
MUi WL xii qsr M AlMsl MUl M xqa Ezr M
xj irU M ar W| MmUO aulx msx Alwar mU
p sa W|
oQ M Alqi x oM l xqW eZq mokl (eAULq)
msx olD W| Cx msx M Aiai Alwar/xr Eq
/ AU oM U mrei r aqh oM p Ai W|
eZq AkUi AiUM sZmU M xqr MNM xOT
Zi M ec M ei W| xOT Zi q `50000/- x
AkM M slSl M laUl BTsCl slSl laUl
mhs U M ei W|
oM q zZA/rlO/Mrsr M lS AukMi mU
lUh MUl M sL xcl mhs AQO xWi lUh
mhs (AUoADL) W|
2. uai ur uw q Mil zrUkUM zMri mmi WD W AU
El q x Mil mizi M mokl U ximuM xsfr
ar W? rS W i sapa 50 zoS q uuUh S|
zrUkUM zMri: uw 2014-15 q oM l zrUkUM x
1649 ApruSl / zMri mmi M ij xp zMri M
luUh ximuM Mr ar |
AkMz zMri spz mmi lW Wl x xoki W| CxM
MUh xoki zrUkUM U Aml mi M Ail lW MUl
W| zMri SU MUi xqr oM l ElM mi Ail MUl,
oM uuUh mmi MUl, DxLx AkMU-m (AuzrM Tq
Emsok MUMU) sl ex MSq EPL W iM SoU Lx
bOlA x oc e xM|
aWM zMri: uw 2014-15 M SUl oM l 108836
zMri mmi M ij 99% M ximuM lmOr ar|
oM l Aml aWM xu M oWiU oll M sL up
EimS / xuL, Ei iMlM, MqcU mzh ij aWM
M mNiN M euo u aWM zMri M SU MUl ex
AlM MSq EPL W|
aWM x mmi 108836 zMri q x (L O Lq x xoki
98214 zMri xWi) 108567 zMri M (L O Lq x
xoki 98012 zMri xWi) xqkl Mr ar | xsfL
aL zMri q x AkM zMri mNs uw M soi
zMri W |
Governance Policy of the Bank extends to its
subsidiaries also.
The Bank has put in place a Group Risk Management
(GRM) Policy with the permission of the Board of the
Bank. The GRM Policy of the Bank covers Subsidiaries/
Joint Ventures and the Regional Rural Banks sponsored
by the Bank.
Scrutiny of staff accounts at random is undertaken
at the time of RBIA (Risk Based Internal Audit) of
the branches. The transactions above `50000 in
staff accounts are monitored in Ofine Transaction
Monitoring system.
The Bank has a system of conducting regular
inspection (RBIA) including Information System Audit
at the branches/ Units/ Ofces at specied periodical
intervals. The Concurrent Audit of identied branches
/ ofces is conducted on monthly basis.
2. How many stakeholder complaints have been received
1649 in the past nancial year and what percentage
was satisfactorily resolved by the management? If so,
provide details thereof, in about 50 words or so.
Shareholders Complaints: The Bank received
representations/ grievances from Shareholders during
2014-15 and all the grievances have been resolved
satisfactorily.
Majority of the representations is on account of
non-receipt of Dividend Warrants. This is due to
non-updation of the addresses by the concerned
shareholders. While resolving the grievances, the
Bank has been taking steps to update their addresses,
bank details, ECS Mandate (by providing the necessary
forms) so as to avoid recurrence of such instances.
108836 (including 98214 complaints related to ATMs)
complaints were received from customers of which
108567 (including 98012 complaints related to ATMs)
were resolved. The resolved complaints are more
owing to previous years few pending complaints.
Customer Complaints: During 2014-15, the Bank
received 108836 complaints and 99% of the complaints
were satisfactorily redressed. The Bank is taking several
measures to improve customer service by bringing
in diversied products/services, updated technology,
staff training and responding to customers queries
and redressal of customer complaints.
84
 x
xi 2 : MUoU Lx EimS u xuL Emsok MUL e
xUi W ij Aml eul
eul c q xjUi olL UZ |
1. Aml 3 EimS r xuA M xc S elM QeCl q
xqeM r mruUh ciA, eZq AU/r AuxU M
zqs Mr ar W|
i. ur xquzl Aprl: up aqh rMsm, ex
zZL Zs MU oMa xuA M mWc oR l, MUoU
xspMi M qkrq x erS iM Tsu, xS Zi
Zsl, Mxx u exx M U Gh Emsok MUl, xq
oq Emsok MUl, AkU M meMUh, Mxl Yso M
xjml, ur xUi oRl M sL aqh uMx uWl
ili MUl AU aqh eli M sL Gh mUqz Sl|
ii. aqh uMx - oM l up q MrUi 64
xu-UeaU mzh xxjl M mrei/xW-mrei/
xWri mSl M W e aqh ruM q Eqi uMx ij
ElW xu-UeaU rMsm MUl M sL mixWi MUi
W| Cl xxjl l Ao iM 5.97 sZ oUeaU ruM M
mzh Sr W elM uruxr mmi SU 73% W|
iii. WUi oMa: oM l up mruUh AlMs Mr ML W ex
xoLx, COUlO oMa, OsoMa, qoCs oMa, LOLq,
aqh eli M sL xU Fe r or-qOM LOLq AU
MN AiUM MrMsm| CxM Asu oM l S xjl
mU LOLq, lMS / cM xuMi, mxoM mOa MrxM,
COUlO oMa, BlsCl OQa AU OsoMa ex E
iMlM oMa xukA M xj D-sEe xjmi ML W ij
uw M SUl Lx W AU D-sEe M xjml MUl M rel
W| AiUM m x, oM l qlu xxkl mokl u Mimr Alr
mzxlM M sL D-aulx Mrlui M W|
xU Fe, orax ij mul c mUrelA M url M
U oM WUi Fe M mxWl S UW W |
2. Lx xp EimS M sL mr xxkl (Fe, es, M
qs, AS) M xok q lql xci MU (uMsmM):
i. mNs uw x sMU AoiM qsr Zs M SUl xxa/
EimSl/uiUh M xqr AD Mq?
sa lW
Principle 2: Businesses should provide goods and
services that are safe and contribute to sustainability
throughout their life cycle
1. List up to 3 of your products or services whose design
has incorporated social or environmental concerns,
risks and/or opportunities.
i. Financial Inclusion Campaign - covering varied rural
activities, such as, increasing access to banking services
through opening branches, increasing coverage under
Business Facilitators, mobilizing no-frill accounts,
providing credit under KCCs and GCCs, credit linking
SHGs, providing micro-insurance, Aadhar enrollment,
forming farmers clubs, deploying Gramin Vikas Vahini
for enhancing nancial literacy and credit counseling
among rural folks.
ii. Rural Development - The Bank has sponsored/
co-sponsored/ supported 64 self employment
training institutes in varied elds which promote
entrepreneurship development among rural youth
and encourage them to take up self-employment
activities. These Institutes have trained more than 5.97
lakh unemployed youth so far, with a settlement rate
of 73%.
iii. Green Banking - The Bank has introduced several
environment friendly measures, viz., core banking
solution, internet banking, telebanking, mobile
banking, ATMs, solar powered biometric ATMs for the
use of rural folk and certain back ofce operations.
Further, the Bank has set up E-lounges with hi-tech
banking facilities like ATM, cash/ cheque acceptor,
passbook printing kiosk, internet banking, online
trading and telebanking at two places and more such
e-lounges are planned during the year. Internally,
the Bank has implemented e-governance for its
human resources management and certain other
administrative areas.
Bank is encouraging green energy by nancing solar,
biogas and wind mill projects.
2. For each such product, provide the following details
in respect of resource use (energy, water, raw material
etc.) per unit of product(optional):
i. Reduction during sourcing/production/distribution
achieved since the previous year throughout the value
chain?
Not Applicable
85
ii. mNs uw x AoiM Emp U mra ( Fe, ml) q
AD Mq?
es zkl xr M xjml ij WUi q xkU Wi
oaul M sL Amz ml M Emra |
3. Yr Mml q xjr xxa (mUuWl xWi) M sL MD
mi W ? rS W, i luzi M Mil mizi xjr m
x xx Mr ar W? 50 zoS q iixok uuUh S|
xxa M sL oM q lkUi li W exM AlxU
AmiMiA M Fe EimSl, mSwh q uiuUh M
AlMs maM qlM M mU MUl cWL |
4. Yr Mml l xjlr u NO EimSM xWi Axmx M
q MrUi xqSr x qs u xuL ZUSl M MSq EPL W?
rS W i xjlr u NO uiA M qi u rari oRl
M sL Yr MSq EPL aL W?
xjlr ij NO uiA M kUi ij qi M xkUl
M sL, oM ElM U olL aL EimS M mSzl xW o
M sL lrqi m x MlU oeU M Arel MUi
W | oM lqqU xj, LM qoCs o ul csi W, e xU
Fe r MxOq osO W exq xur xWri xqW ij
qWs Eqr U lqi EimS M mSzl xW o Wi
W | Sl xuL oM U lzsM Sr ei W | oM M Ms
Aaq x sb u qkrq Eq M Wxx 30% W |
5. Yr EimS u Amz M mlch Wi Mml M mx MD
i W? rS W i Eim
EimS ij Amz M mlch M mizi
Yr W ? (5% x Mq, 5-10%, 10% x AkM, Asa -
Asa oiL) | 50 zoS q iixok uuUh S|
sa lW
xi 3 : MUoU xp MqcUr M psD M oR u S
1. Mmr MqcUr M Ms xZr oiL|
MqcUr M Ms xZr 53984 W|
2. Mmr AxjD/xuS/AMxqM AkU mU sL aL MqcUr
M Ms xZr Cai MU|
ii. Reduction during usage by consumers (energy, water)
has been achieved since the previous year?
Setting up of water purication plants and using the
waste water for gardening for improving the green
cover.
3. Does the Company have procedures in place for
sustainable sourcing (including transportation)? If
yes, what percentage of your inputs was sourced
sustainably? Also, provide details thereof, in about 50
words or so.
For sourcing, Bank has a set policy as per which
the suppliers should meet the standards of energy
generation, pollution free climate friendly technologies.
4. Has the Company taken any steps to procure goods
and services from local & small producers, including
communities surrounding their place of work? If yes,
what steps have been taken to improve their capacity
and capability of local and small vendors?
To improve the capacity and capability of local and
small vendors, Bank is regularly organizing Canara
Bazaars for display cum sale of products made by
them. Bank is running Nammura Santhe - - A mobile
sales van which is solar powered custom made for
display cum sale of the products made by Self Help
Groups, women entrepreneurs. Both the services are
offered free of cost by the Bank. Out of total advances
of Bank, Small & Medium Enterprises constitute 30%.
5. Does the Company have a mechanism to recycle
products and waste? If yes, what is the percentage of
recycling of products and waste (separately as <5%,
5-10%, >10%). Also, provide details thereof, in about
50 words or so.
Not Applicable
Principle 3: Businesses should promote the wellbeing of all
employees
1. Please indicate the total number of employees.
Total number of employees is 53984
2. Please indicate the total number of employees hired
on temporary/contractual/casual basis.
86
 AxjD/xuS/AMxqM AkU mU sL aL MqcUr M Total number of employees hired on temporary/
Ms xZr zlr W | contractual/casual basis is NIL
3. Mmr xjr qWs MqcUr M xZr Cai MU| 3. Please indicate the number of permanent women
employees.
xjr qWs MqcUr M xZr 15303 W| The number of permanent women employees is 15303
4. Mmr xjr uMsa MqcUr M xZr Cai MU| 4. Please indicate the number of permanent employees
with disabilities.
xjr uMsa MqcUr M Ms xZr 1129 W|
The number of permanent employees with disabilities
5. Yr AmM rW MqcU xaPl W e M mokl U qlri is 1129
mmi W ? 5. Do you have an employee association that is recognized
by management.
W 2 xaPl W | 1) AkMU MqcU, 2) MqaU MqcU
Yes. 2 Associations. 1. Ofcer Employees 2. Workmen
6. AmM Mil mmizi lrqi MqcU Cx qlrimmi MqcU Employees.
6. What percentage of your permanent employees is
xaPl M xSxr W?
members of this recognized employee association?
AkMU xb 85.16% Ofcers Association 85.16%
MqcU rlrl 76.11% Workmen Union 76.11%

7. Mmr mNs ur uw q ij ur uw M xqmi mU os 7. Please indicate the Number of complaints relating to

child labour, forced labour, involuntary labour, sexual
q, oaU, AxucNM q, rl EimQ l x xoki soi harassment in the last nancial year and pending, as
zMri M xZr Cai MU | on the end of the nancial year.
S. Category No. of No. of
. h ur uw M ur uw M No. complaints complaints
SUl SrU xqmi mU soi led during pending as on
x.
zMri M zMri M the nancial end of nancial
xZr xZr year year
1 Child labour/
1 os q, oaU, forced labour/ NIL NIL
zlr zlr involuntary
AxucNM q labour
2 Sexual
2 rl EimQl zlr zlr harassment NIL NIL

3 3 Discriminatory
pSpumh UeaU zlr zlr employment NIL NIL

8. mNs uw M SUl lqlMi MqcUr q x Mil mizi 8. What percentage of your under mentioned employees
M xU u Mzs Erl mzh Sr ar? were given safety & skill up-gradation training in the
last year?
xjr MqcU 122% Permanent Employees 122%
lrqi qWs MqcU 142% Permanent Women 142%
Employees
AMxqM / Axjr / xuS
zlr Casual/Temporary/ NIL
MqcU
Contractual Employees
uMsa MqcU 82%
Employees with Disabilities 82%
xi 4: MUoU xp WikUM M Wi M xqql MU Principle 4: Businesses should respect the interests of, and
ij ElM mi xuSlzs W, uzwm x uci, MqeU AU be responsive towards all stakeholders, especially those
Emi M mi| who are disadvantaged, vulnerable and marginalized

87
1. Yr Mml l Aml AiUM AU oWU WikUM M mici
Mr W? W / lW
W, oM M zrUkUM q xUMU, luzM, MqcU ij oM
M aWM zqs W|
2. Yr Mml l E q x, MqeU, uci u Emi WikUM
M mWcl M W?
W.
3. Yr Mml uci, MqeU u Emi zrUkUM x eQ l M
sL MD uzw mWs M W? rS W i 50 zoS q iixok
uuUh S|
MqcU: oM ei, lxs AU kq M AkU mU MD pSpu
AU muaW M ol xp MqcUr M xj xqlWU M
li Amli W| oM xUMU M Sz lSz M AlxU
Alxci ei / Alxci elei ua x xoki MqcUr
M sL MN uzw sp/xukK/ xWri mSl MUi W|
CxM Asu, uMsa MqcUr M Alr MqcUr M
xqisr mUqM/uil Sr ei W| oM, MmUO xqeM
EUSriu M iWi EQl mUrel M Aiai eqq u MzqU
M oUeaU xliM M mzi u pi MU UW W|
aWM : xqe M Emi ua M eUi M mU MUl M
sL, oM l, Alr relA M xj, MlU lr Sz rel
M Aiai xS oci Zi rel, xq oq AU xq mzl
rel, zWU aUo M sL xq u zZL, Mxl M
sL Mxl QO, xqlr QO MQ, xur xWri xqW
M Gh, qlUa qeSU AU xqeM xU mzl M pail
M sL CsYOlM sp AiUh, orqOM LOLq, upSM
ore SU rel M iWi Gh, qWs Eqr AU. xq Lu
sb Eq M xWri M sL Gh relL z M W|
xi 5 : MUoU qlukMU M xqql u mixWl MU|
1. Yr qlukMU mU Mml M li Mus Mml mU W sa
Wi W r xqW / xr Eq / AmiMi / PMSU / aU
xUMU xaPl / Alr mU p sa W?
oM pUi M xukl q lWi qlukMU M uwruxi x
mUci W ij xb M xuii AU xqWM xSoe MUl
M AkMU M xqql MUi W|
qlu xxkl x xoki lir Mus oM M mUcsl mU
W sa W| CxM Asu, oM M qlu xxkl lir xp
MqcUr M xqli AU Eci uruWU mSl MUi W ij
Uri, kq, sa, Eq, uMsai, MqcUr M xqeM
AU AjM xji r Mll U lw Mx Alr AkU mU
MD pSpu lW Mr ei W|
rl EimQ l M UMjq
oM Mrxjs mU rl EimQ l M lwk MUi W| xu zi q,
rl EimQl M UMl M sL uzw mukl W| uzZ u Alr
olq Uexjl xUMU u Alr M qqs q Eiq lrrsr M
LiWxM Txs U eU SzlSz M AlxU rl EimQl
M li sa M ar W| li M AlxU, qW mokM UM M
qWs MrmsM M Akri q LM zMri xqi M aPl
Mr ar W exq AkMz xSxr qWsL W W AU LM
xSxr aU xUMU xaPl x W| xqi M UmO M AkU mU
W oM MUuD MUi W| oM xqr xqr mU xu zi, lrq,
1. Has the company mapped its internal and external
stakeholders? Yes/No
Yes. The stake holders of the Bank include Government,
Investors, Employees and the Customers of the Bank.
2. Out of the above, has the company identied the
disadvantaged, vulnerable & marginalized stakeholders
Yes.
3. Are there any special initiatives taken by the company
to engage with the disadvantaged, vulnerable and
marginalized stakeholders. If so, provide details thereof,
in about 50 words or so.
Employees: The Bank practices the policy of equal
treatment of all employees without any discrimination
and bias on the basis of caste, creed and religion.
The Bank extends certain special benets/ facilities/
assistance to employees belonging to SC/ST category as
per Government guidelines. Further, the wages/salaries,
promotions and other benets extended to employees
with disabilities are at par with other employees. The
Bank, as part of Corporate Social Responsibility, is training
and recruiting unemployed graduates from the State of
Jammu and Kashmir under the project Udaan
Customers: In order to cater to the needs of marginalized
segments of the society, the Bank has introduced, among
others, No-frill Savings Accounts Scheme, Micro Insurance
and Micro Pension under Canara Nayee Disha Scheme,
micro-nance branches for urban poor, kisan credit cards
for farmers, general credit cards, loans to self help groups,
electronic benet transfer for payment of MGNREGA
Wages and social security pension, biometric ATMs, loans
under Differential Interest Rate Scheme, loans to women
entrepreneurs and support to micro & small enterprises.
Principle 5: Businesses should respect and promote human
rights
1. Does the policy of the company on human rights cover
only the company or extend to the Group/Joint Ventures/
Suppliers/Contractors/NGOs/Others?
The Bank is aware of the human rights content of
the Constitution of India and respects the freedom of
associations and the right to collective bargaining.
The HR related policies cover the operations of the Bank only.
Further, the HR policies of the Bank are well laid out with equal
and fair treatment of all the employees and no discrimination
is made based on nationality, religion, gender, age, disabilities,
social and economic status of the employees or any other
basis prohibited by the law.
Prevention of Sexual Harassment
The Bank prohibits sexual harassment at work places. In the Service
Conditions, there are clauses exclusively for prevention of sexual
harassment at work places. The policy on sexual harassment has
been implemented in terms of guidelines issued by Supreme Court
of India in its landmark judgment in Visakha & Ors. Vs. State of
Rajasthan & Ors. As per the policy, a Complaints Committee has
been constituted headed by a lady Executive of the rank of General
Manager with majority of lady members and an outside member
from a reputed NGO. The action is taken based on the reports
88
qWs MqcUr M sp, qWs MqcUr M AkMU ij rl of the Committee. The Bank issues Circulars from time to time
EimQl M UMjq M mpu oll M sL mUm eU MUi W|
MqcU zMri luUh li
oM l xu zi x xoki uxiuM urai zMri M SU
MUl M Ezr AU ExM iuUi xqkl M sL MqcU zMri
luUh li olD W| Cx li M iWi lkUi xqr M piU
zMri M luUh MU UW W| Acs xiUr luUh xqi M
lhr M ZsT Ams M p mukl W |
xcl M AkMU Aklrq
xcl M AkMU Aklrq, 2005, M mUpw M AlxU MlU
oM LM sM mkMUh W, CxsL uW eli M xcl mSl
MUl M Sriu M Akl W|
up Mr M sL PMSU M xu sl:
oM Aml mUxU q xus lqh / ui / UZ-UZu Mr
M sL PMSU M xu si xqr q Mll uzwiU mU lrliq While engaging the services of Contractors for the civil construction/
qeSU M pail ij Alr xoki qlukMU M msl MUi
W|
2. mNs uiir uw q Mil WikUM M zMri AD AU
Mil mizi zMri M lmOl mokl M U xiwelM 2. How many stakeholder complaints have been received in
m x Mr ar?
uw M SUl MD zMri mmi lW WD W |
xi 6: MUoU mruUh M xqql, xU AU Ex mlxjmi
MUl M mrx MU|
1. Yr xi 6 x xoki Mml M li Mus Mml iM
xqi W r xqW / xrYi Eq / AmiMi / PMSU /
aU-xUMU xxjl / Alr mU p sa W?
li Mus oM iM W xqi W|
2. Yr Mml M mx uM mruUh M q ex mruUh q
oSsu, asos uqa AS M sL MD rel/mWs W ?
W /lW , rS W i, Mmr uome M WCmUsM S|
W
Gh eZq mokl li M xSp q, oM Lx lr DMCr
M xjml M sL Gh mSl lW MUi elM U Ael
ucNSl mSj ex MsUnsU Mol - 11 (xLTx-11),
x.LT.x.-12 AU x.LT.x. 11 AU x.LT.x. 12 M
qh, x.LT.x. - 113, Mol OOYsUCQ, qjCs
YsUTq, Tq EimSl, UTeUOU AU LrUMQzlU, LUxs
EimS, xTD M EimS q mr xsuO, Aalzql q mr
Wsl - 1211, 1301, 2402, AS M mra Mr ei W|
oM U El NO / qfs xiU M CMCr M uiir
xWri lW S ei W e x.LT.x. M mra MU LUxs
CMD M EimSl q sa WL W|
OYxM mSj M Eixel MUl us EimSl DMCr M
Gh mxiu M qsrMl MUi xqr oM Lx mSwi mSj
M uiuUh q NQl x mu mxxMi MUl M sL es
zkl CMD M xjml M sL Suo Qsi W ij xli
Mr ei W M EkUM MlS / Uer mSwh lrh oQ
x Alm mqh m mmi Mr W|
3. Yr Mml xpui mruUhr eZq M mWcl AU
AMsl MUi W? W/lW
W
reinforcing service conditions, rules, benets to women employees,
right of women employees, prevention of sexual harassment.
Employees Grievances Redressal Policy
The Bank has framed Employees Grievance (s) Redressal Policy
with a view to lend to the genuine individual grievances relating
to service condition of the employees and for speedy resolution of
the same. The complaints under this policy are redressed within
the stipulated time. There is also an appeal provision against the
decision of the Circle Level Redressal Committee.
Right to Information Act
Canara Bank is a Public Authority, as per denition of Public
Authority in the Right to Information Act, 2005, and thus, is under
obligation to provide the information to members of public.
Engaging Contractors for various works
electrical/maintenance works at its premises, the Bank follows the
labor laws especially payment of minimum wages and other related
human rights.
the past nancial year and what percent was satisfactorily
resolved by the management?
No complaints have been received during the year.
Principle 6: Business should respect, protect, and make efforts to
restore the environment
1. Does the policy related to Principle 6 cover only the company or
extends to the Group/Joint Ventures/Suppliers/Contractors/
NGOs/others.
The Policy covers only the Bank.
2. Does the company have strategies/ initiatives to address
global environmental issues such as climate change, global
warming, etc? Y/N. If yes, please give hyperlink for webpage
etc.
Yes.
In terms of Credit Risk Management Policy, the Bank is not
extending nance for setting up of new units consuming/
producing Ozone Depleting Substances (ODS) such as
Chlorouoro carbon 11 (CFC 11), CFC 12, Mixtures
of CFC 11 and CFC 12, CFC 113 Carbon Tetrachloride,
Methyl Chloroform, Halons 1211, 1301, 2402 used in Foam
products, Refrigerators & Air conditioners, Aerosol products,
Solvents in cleaning applications, Fire extinguishers.
No nancial assistance is extended by Bank to small/ medium
scale units engaged in the manufacture of the Aerosol Units
using CFC.
While appraising the credit proposal, of manufacturing units,
emitting toxic pollutants, the Bank insists upon installation
of water treatment projects for processing of such pollutants
before release into the environment and ensures that the
borrower client also obtains NOC from Central/State Pollution
Control Board.
3. Does the company identify and assess potential environmental
risks? Y/N
Yes.
89
4. Yr Mml M mx xucN uMx i x xoki MD mUrel
W? rS Lx W i 50 zoS q iixok uuUh S| AU , rS
W i Yr MD mruUh Almsl UmO SrU M ar W?
W
oM U up WUi oMa mWs M aD W exq MU
oMa xqkl, COUlO oMa, OsoMa, qoCs oMa,
LOLq, aqh eli M Emra M sL xU Fe xcsi
orqOM LOLq, zZA q D- sEe AU Aml xOT
ij mzxlM M sL D aulx AU Mae UWi oMa
M oRu Sl zqs W|
5. Yr Mml l xucN maM, Fe Si, Ar Fe AS
mU MD Alr mWs z M W? W / lW, rS W i uome
M WCmUsM S|
oM l xucN maM ij Fe Si M MD mWs z
M W | oM mruUh M AlMs Lx WUi mUrelA M
Eci mjqMi u qWiu Si W e Mol Mq MUi W ex
mul c / xU Fe mUrelL | oM M WUi u xucN
iMlM mUrelA M Akql Gh Sl M relL W |
CxM Asu, oM E Fe Si xli MUl M sL
xLTLs (MqmYO nsUxO sCOa) Aml xp mUxU q
sal M sL AaxU W| oM p E Fe Si xli
MUl M Sz.q UOQ Fe Mzs EmMUh M Emra MUl
M li M AlxUh MU UW W Aji LrU MQzlU|
oM xucN maM Amli WL elUOU M Emra q
xmxo lrq (MSr mSwh lrh oQ) M msl MUi
W| oM Aml up xjl mU xU Fe xcsi rmLx
sal AU Ar Fe M Emra M p Amll M mr
q W|
6. Yr Mml U Eim Eixel/ Amz xci ur uw M
sL xmxo / Lxmxo U lkUi xq M piU W?
oM ur xuL Emsok MUi W | Ai: rW sa lW W|
7. ur uw M xqmi iM xmxo / Lxmxo x mmi
Mll lOx/ MUh oiA lOx M xZr e M soi
W? ( rl xi M xiU iM lW lmOr ar W)
zlr
xi 7: MUoU, eo Aqeli AU ulrqM lir M
mpui MUi W i Lx eqqSUmuM Mr eL|
1. Yr AmM Mml Mx urmU AU coU r xb M xSxr
W? rS W i El oQ xxjA M lq oiL elM xj
AmM MUoU Wi W?
W |
M) pUir oM xb ( ADoL)
Z) pUir oMa u u xxjl (ADADoLT)
a) oMa MqM crl xxjl (ADomLx)
b) Ur oM mokl xxjl (LlADoLq)
Q.) pUir Ur pail laq(LlmxAD)
c) pUir xqzkl laq(xxAD)
N) pUir luz oMU xb, qoD
4. Does the company have any project related to Clean
Development Mechanism? If so, provide details thereof, in
about 50 words or so. Also, if Yes, whether any environmental
compliance report is led?
Yes.
Various green banking initiatives undertaken by the Bank
include core banking solution, internet banking, telebanking,
mobile banking, ATMs, solar powered biometric ATMs for the
use of rural folk, E-lounges in branches and e-governance
for its staff and administrative areas to promote paperless
banking.
5. Has the company undertaken any other initiatives on clean
technology, energy efciency, renewable energy, etc. Y/N. If
yes, please give hyperlink for web page etc.
Bank has undertaken a no. of initiatives to promote clean
technology and energy efciency. Bank gives due weightage
and preference to environment friendly green projects which
earn the carbon credits, such as, Wind Mills/Solar Power
projects. Bank has schemes of extending preferential credits
to the Green and clean technology projects.
Further, the Bank is changing over to CFLs (Compact Flourescent
Lightings) in all its premises ensuring higher energy efciency.
The Bank is also following a policy of using Rated Energy Efcient
Appliances, viz., Air Conditioners towards ensuring higher
energy efciency.
The Bank is complying with the CPCB rules (Central Pollution
Control Board) in usage of generators adopting clean
technology. The Bank is also in the process of deploying solar
powered UPS for its various locations and adopting renewable
energy usage.
6. Are the Emissions/Waste generated by the company within
the permissible limits given by CPCB/SPCB for the nancial
year being reported?
The Bank is engaged in providing nancial services and hence
not applicable.
7. Number of show cause/ legal notices received from CPCB/
SPCB which are pending (i.e. not resolved to satisfaction) as
on end of Financial Year.
Nil
Principle 7: Businesses, when engaged in inuencing public and
regulatory policy, should do so in a responsible manner
1. Is your company a member of any trade and chamber or
association? If Yes, Name only those major ones that your
business deals with:
Yes.
a) Indian Banks Association (IBA)
b) Indian Institute of Banking and Finance (IIBF)
c) Institute of Banking Personnel Selection (IBPS)
d) National Institute of Bank Management (NIBM)
e) National Payments Corporation of India (NPCI)
f) The Clearing Corporation of India (CCI)
g) Association of Investment Bankers of India, Mumbai
90
2. Yr Aml elWi M Ei r xkU M sL Emr xb
M qkrq x uMsi / mUu M W? W/lW, rS W i qO
iU mU El M oU q oiL (aulx AU mzxl, AjM
xkU, xquz uMx lir lir, Fe, xU, es, Z
xU, xjD MUoU xi, Alr)
pUi M xuelM M oM Wl M MUh oM mU Sz
M xp u xp ua M oMa xuL mSl MUl M
xqeM EUSriu W| CxM Asu, oM qO iU mU Sz
M xjr uMx q raSl M sL AjM AU ur
q xkU, xquz uMx AU xql uMx, Ur
mjqMiA AU Z xU M M zqs MUi WL
xqr - xqr mU pUi xUMU AU pUir Ueu oM U
eU ML aL xp liai lSz / lrqM Sz lSz M
msl MU UW W|
xi 8: MUoU, xquz u AU xql uMx M xos S|
1. Yr Mml q xi 8 x xoki li M AlxUh M
sL uz Mrq / mWs / mUrelL W? rS W i
iixok orU |
oM l xquz u u xql uMx M sL AlM Mrq/
mWs/mUrelA M csr W|
uuUh lqlui W:
oM l AuOi xp 10049 au q 806 mUmUM zZA
M ZsMU ij 2459 MUoU milkr M xu sMU
oMa xu Emsok MUD W| eul xiU M Ei MUl M sL
uWlr Zc mU oMa xu Emsok MUl W CxM Ezr
W | CxM Mrurl S qQs M iWi Mr ar rl
mUmUM zZL AU MUoU xmM qQs |
536 au M oM AU qOU qQs AU oc WL 4992 au
M MUoU xmM M qSS x oMa xu Emsok MUr
ar | Cl 4992 au q x, 516 au q MUoU xmM Ai
sb zZA U LM li xjl mU oMa xu Emsok
MULa |
2015-16 M sL rel: oM U uw 2015-16 M SUl
mUmUM zZL ZsMU 76 au M muUi M rel W|
es/osM xiU mU 65 ur xUi MlS (LTLsx) Zs
aL | Cx uw M qc 2015 iM 1008234 urr M zi
Mr ar W Lu 79879 urr M mUqz xuL Emsok
MUr ar W |
2. Yr Mrq / mUrel AiUM Oq / xu xxjl / o
/ aU xUMU xxj / xUMU xxj / r MD Alr xxj
M qkrq x ML ei W?
ur xquzl mUrel AiUM Oq M xWri x sa
M ar | oM q mjqMi xZ AU ur xquzl upa
M Aiai LM Asa ur xquzl mpa W exM mqZ
LM qWmokM W | oM ur xUi lrx M qkrq x
ur xUi M mcU MU UW W |
Alr lrx / xxCOr M lq lqlui W eW oM
mUrelL sa MUl M sL xqqsi W, exl eli ij
xqe M xu q mpu Eim Mr W :-
1. MlU zioS aqh uMx lrx
2. MlU ur xsWMU lrx
3. MlU xuh eri z lk
4. MlU UWi u Msrh xxCO
2. Have you advocated/lobbied through above associations
for the advancement or improvement of public good? Yes/
No; if yes specify the broad areas (drop box: Governance and
Administration, Economic Reforms, Inclusive Development
Policies, Energy, security, Water, Food Security, Sustainable
Business Principles, Others)
The Bank, being one of the public sector banks of India, is
driven by the social objective of extending the benets of
the banking services to all regions of the country and to all
classes of people. Further, the Bank is adhering to all the policy
directions/ regulatory guidelines issued by Government of
India and the Reserve Bank of India from time to time broadly
covering the areas of economic and nancial sector reforms,
inclusive growth and equitable development, national
priorities and food security contributing to sustainable
development of the country.
Principle 8: Businesses should support inclusive growth and
equitable development
1. Does the company have specied programmes/initiatives/
projects in pursuit of the policy related to Principle 8? If yes
details thereof.
The Bank has undertaken various initiatives/ programmes/
projects in pursuit of inclusive growth and equitable
development of the society.
The details are as under:
Bank has provided Banking facilities in all the allotted
10049 villages by opening 806 brick & mortor branches and
engaging 2459 BC agents. The objectives are to provide them
the banking services at affordable cost in order to improve
their standard of living. The implementation was done
under two models, viz., Brick and Mortar model and Business
Correspondent model.
Plan for 2015-16: The Bank has plans to cover 76villages
during 2015-16 by opening 76 brick and mortar branches.
65 Financial literacy centres (FLCs) opened at District/Block
levels. 1008234 persons have been educated and 79879
persons have been counseled upto March 2015 this year.
2. Are the programmes/projects undertaken through in-house
team/own foundation/external NGO/government structures/
any other organization?
The nancial inclusion projects have been undertaken with the
help of an in-house team. The Bank has a separate Financial
Inclusion Division under Priority Credit and Financial Inclusion
Wing, headed by a General Manager. Bank is propagating
nancial literacy through Financial Literacy Trust.
Following are the other Trusts/Societies wherein
Bank is involved for taking up of the projects which
have created an impact in serving the people and
the society.
1. Canara Centenary Rural Development Trust
2. Canara Financial Advisory Trust
3. Canara Golden Jubilee Education Fund
4. Canara Relief & Welfare Society
91
 oM Aml MmUO xqeM EUSriu M iWi ClW lrx
M rMsm q xr m x pa si W ij lkrl p
MUi W |
3. Yr Am
Aml
l Aml mrx M mpu qsrMl Mr W ?
W | oM mWs M qZr mpu Aml aWM M EimS M
uiUh q W | qZr mSr W :-
oM l uw 2014-15 M SUl 54.55 sZ oMa xuUWi
sa ij rel M zAi x sMU AoiM 142.89 sZ
oMa xuUWi sa M qspi oci eq Zi Emsok
MUr W|
uw 2014-15 M SUl WqU 270 ur xquzl zZL
Zs W AU 4.98 sZ Zi x `568 MUQ M MUoU
Mr ij `273 MUQ M Gh Emsok MUr exx 0.43
sZ WikMU splui WL |
oMa xu UWi aqh M qspi oci eq Zi,
AilWi AuUQTO xukL, Gh xukL ex xqlr
QO MQ rel, upkM ore SU rel, Mxl QO
MQ rel, Gh ASs-oSs (xuma) rel AU MD
xZ EimS Emsok MUL aL |
oM l WqU q. MlU LcLxox Aox CzrUx Mml M
xqW oq rel M iWi Gh mSi xur xWri xqW M
xSxr M eul M MuU Mr ar W exq mirM xSxr
M eul M `36,000 iM `100 M qqs mqrq M xj
MuU Mr ar W | sapa 70320 ur Cx rel M iWi
splui WL W|
oM l MlOM M cU es AU iqslQ M xp es
q "LM es MD oM qQs" M iWi xUMU sp ex
xqeM xU mzl M CsYOlM sp WxiliUh M
Mrlurl q pa sr W| MlOM M cU es q qlUa
M iWi qeSU M pail M sL Zi M Zsl M Mr
mai mU W| Cx rel x spjr M ElM SUue / au
q xqr mU pail mmi MUl q qSS qs W|
oM l mWs cUh q 48 crli es q AU ir cUh q
78 crli es q xUMU sp M xk xjliUi MUl
q pa sr W| uw 2014-15 M SUl Cx rel M iWi
WxiiUi sp `474 MUQ mWc ar W|
oM l "MlU aqh uMx uWl uWl" lqM xquz
uMx uWl Lu 49 uWl mU Sz q ili ML W| Cl uWl
q Mw uxiUh AkMU r xqlr AkMU xj ei
W elW WqU up aqh uMx relA M AcN
elMU Wi W AU r lrqi iU mU aqh q oMa M
oU q eaMi mS MUl ei W| Cl uWl q Zi Zsl
M Tq ij Alr relA M mqmsOx Wi W|
4. xqSrM uMx mUrelA M sL AmM Mml M
mir raSl Yr W ? Uz pUir mr q ij z ML
aL mUrelA M uuUh |
oM l up xqSrM uMx AU xqeM - AjM
Msrh aiukr q sa xaPl M `67.05 MUQ M Uz
qeU M W| (Mmr oS 5 M pa 2 M xSp s)
5. Yr Cx xqSrM uMx M mWs M xqSr U
xTsimuM AmlL el M xli MUl M sL Aml
MSq EPL W? Mmr 50 zoS q oiL|
Bank continues to actively fund and also involve in the
activities of these Trusts under its CSR.
3. Have you done any impact assessment of your initiative?
Yes. Major impact of the Bank initiatives is the delivery of the
products to its customers. The major deliverables are:
The Bank has provided Basic Savings Deposit accounts
to 54.55 lakh unbanked people during the year
2014-15 and 142.89 lakh unbanked persons since inception
of the Scheme.
During 2014-15, 270 FI Branches have been opened garnering
a business of `568 crores in 4.98 lakh accounts and provided a
credit of `273crores benetting 0.43 lakh beneciaries.
The unbanked rural people are provided with Basic Savings
Deposit Accounts, Inbuilt Overdraft Facilities, credit facilities
under products like General Credit Card Schemes, Differential
Rate of Interest Scheme, Kisan Credit Card Scheme, Debt
Swapping Scheme and various other credit products.
The Bank has also covered the lives of the members of credit
linked SHGs under Group Insurance Scheme by M/s Canara
HSBC OBC Insurance Company, covering the lives of the
individual members to the extent of `36000 for a nominal
premium of ` 100. About 70320 persons have been
benetted out of the Scheme.
The Bank has participated in implementation of Electronic
Benet Transfer of Govt. benets like Social Security Pension
in four districts of Karnataka and all districts of Tamil Nadu
under One District Many Bank Model. The enrollment is in
progress for opening of accounts for disbursement of wages
under MGNREGA in four districts of Karnataka. This has
helped the beneciaries under the Scheme in getting the
timely payment at their doorsteps/ villages.
The Bank has also participated in implementation of Direct
Benet Transfer of Govt. Benets in 48 identied districts in
Phase I and 78 identied districts in Phase II. During the year
2014-15, benets transferred under the scheme to the tune of
` 474 Crores.
The Bank has provided inclusive growth vehicles called
Canara Gramin Vikas Vahini Vehicles & 49 vehicles are
deployed across the country. These vehicles accompanied
by an Agriculture Extension Ofcer or general ofcer who
are well aware of the Banks various rural development
schemes visit the villages regularly for creating awareness
among the rural mass about banking. The vehicles are also
provided with the account opening forms and pamphlets of
various schemes.
4. What is your companys direct contribution to community
development projects - Amount in INR and the details of the
projects undertaken. The Bank has sanctioned a sum of
`67.05 Crores (sponsorships) engaged in various community
development and socio-economic welfare activities (Pl. refer
to Section B Point No.5).
5. Have you taken steps to ensure that this community
development initiative is successfully adopted by the
community? Please explain in 50 words, or so.
The Bank is obtaining a Certicate issued by a Chartered
Accountant of the donee organization/ Institute conrming
the end use of the donation for the purpose for which the
donation was sanctioned by the Bank.
92
 oM SlaW xaPl / xxjl x xlS sZMU U eU
mqh m mmi MUi W e m MUi W M ex Ezr M
sL oM U Sl qeU Mr ar j ExM Aiq Emra
Mr ar W|
mUrelA M sL EmSl up cUh mU uMx Mr
M mai M AkU mU ij xCO mU mu-uMxiqM u
uMxmUi SU M mi xuiUi Mr ei W | xqSr
M sa M zqs MU xuelM Mrq Arei MUM
mUrelA q ElM xWpai xli MUi WL xWri
xm Sr ei W |
xqSrM uMx M mr M Amll xli MUl M
sL oM M mx i W
xi 9: MUoU eqqSU x Aml aWM AU EmpA x
eQ AU ElW xqql mSl MU|
1. ur uw M xqmi mU Mil mizi aWM zMri/
Emp qqs soi W?
ur uw M xqmi mU 108836 aWM zMri M 1.41%
(1534) soi j |
2. Yr Mml, xjlr lrq M Aluri M Asu, EimS
sos mU EimS M xcl mSzi MUi W? W / lW / sa
lW / Ommhr ( AiU xclL)
oM M EimS AU xuA M oU q elMU mqTsOx AU
ozU M qkrq x zZA q Emsok MUr ei W AU
Cx oM M uoxCO q p Emsok MUr ar W|
3. Yr mNs mc uw M SUl Alci MUoU uruWU, aU
eqqSUl uml AU / r mixmk uUk uruWU M Mx
p qqs M oU q Mml M ZsT Mx p zrUkUM U
qqs SrU Mr ar W AU e ur uw M xqmi iM
soi W? rS Lx W i 50 zoS q iixok uuUh S|
zlr
4. Yr AmM Mml l Mx p Emp xuh / Emp
xi fl M mi sar W?
oM, zZA U mSl M el us aWM xu M ahu
M AMsl MUl M sL AU Aml aWM x xk mir
mmi MUl M sL, LM xu- lWi, xOmr mzlus xp
mir sl M sL aWM M uiUi MUl sL oM M
zZA M Emsok MUr ar j| xuh M lwMw Cx
mMU W:
1. 93% aWM LOLq xoki xuA x xi W|
2. 82% aWM COUlO xuA x xi W|
3. xqa m x 90% aWM oM M xuA x xi j |
The grants for the projects are disbursed in stages depending
upon the progress of the developmental work and after
conducting pre-developmental and post-developmental site
visits. The assistance are handed over by organizing public
function involving the community members ensuring their
participation in the projects.
The Bank has a mechanism to ensure that the community
adopts to the developmental process.
Principle 9: Businesses should engage with and provide value to
their customers and consumers in a responsible manner
1. What percentage of customer complaints/consumer cases are
pending as on the end of nancial year.
1.41% (1534) of the 108836 customer complaints
received were pending as at the end of the
nancial year.
2. Does the company display product information on the product
label, over and above what is mandated as per local laws? Yes/
No/N.A. /Remarks(additional information)
The information about the products and services offered
by the Bank are made available in the branches through
pamphlets and brochures and is also made available in the
Banks website.
3. Is there any case led by any stakeholder against the
company regarding unfair trade practices, irresponsible
advertising and/or anti-competitive behavior during
the last ve years and pending as on end of nancial
year. If so, provide details thereof, in about 50 words
or so.
Nil.
4. Did your company carry out any consumer survey/ consumer
satisfaction trends?
To assess the quality of customer service rendered by the
Banks branches and to get the feedback directly from the
customers, a self contained, prestamped questionnaire was
made available to all branches for distributing the same to
customers for providing their feedback. The nding of the
Survey is as under:
1. 93% of the customers were satised with ATM
related services.
2. 82% of the customers were satised with internet
services.
3. Overall 90% of the customers were satised with the
Banks services.
93
 MmUO aullx mU lSzM
qQs M UmO
2014-2015
REPORT OF THE BOARD OF DIRECTORS ON
CORPORATE GOVERNANCE

94
MmUO aullx
lx mU lSzM
qQs M UmO
1)) MmUO aullx mU oM M Szl:
"MmUO aullx, xp zrUkUM M xxjU uMx M
sL xmS M mpu mokl u ExM uiUh ij xqeM
Sriu lpl M sL xuq mokl AcUh M Almra,
xW qrl q Mll M Almsl Lu liM qlM M
AlxUh MUl W|"
MlU oM M xMsml Axi xupa, aWMlqZi,
EimS lulqwh, spmSi M q xuq AcUh ij
zrUkUM M xuki qsr M xj u xiUr oM M
m q EpUl W| Cx xMsmi sr M mmi MUl M Sz
q Aml mrx q oM MmUO aullx M mpu mhs
mU xo x erS eU S UW W| lSzM qQs, uU mokl
i AU MrmsM M oc q Aiuism Lx Wi W M
ExM LM oeQ AU Asa pqM W iM Zx iU mU
Aml zrUkUM M AU AqiU mU eli M xuki qsr
mmi W xM|
xqa Ezr Mml qsr, AcU xWiA ij xqci
uruWU M Alr qlM M msl M eUL xqxi WikUM-
eqMiA, zrUkUM, aWM, EkUMiA, MqcUr
AU xqe M Ciq xxjU qsr Emsok MUl W|
2) lSzM qQs:
oM M lSzM qQs M aPl, oMa Mml (Emq M
AkaWh ij AiUh) Aklrq 1970 (rj xzki) M
kU 9(3) Lu UrMi oM (mokl Lu uuk mukl)
rel 1970 (rj xzki) M AlxU Mr ar W|
oM M oQ q ahqlr ur W, elWl oMa AU iixok
Alr q Aml oWuk Lu SbMsM Alpu x oM
M mai q EssZlr xWra mSl Mr W|
oQ M xSxr M xqqh Lu oPM q ElM
Emxji xok uuUh mUz "M" u "Z" q Sr
ar W|
Report of the Board of Directors on
Corporate Governance
1) Banks philosophy on Corporate Governance
Corporate Governance is the application of best
management practices, compliance of law in true
letter and spirit and adherence to ethical standards
for effective management and distribution of wealth
and discharge of social responsibility for sustainable
development of all stakeholders.
The vision of Canara Bank is to emerge as a World
Class Bank with best practices in the realms of Asset
Portfolio, Customer Orientation, Product Innovation,
Protability and enhanced value for stakeholders. In
its endeavour to attain the goal visualized, the bank
is laying maximum emphasis on the effective system
of Corporate Governance. The interaction between
the Board, Senior Management and the Executives is
so congured as to have a distinctly demarcated role
so as to derive enhanced value to its stakeholders in
particular and society in general.
The overall objective is to optimize sustainable
value to all stakeholders-depositors, Shareholders,
customers, borrowers, employees and society through
adherence to Corporate values, Codes of conduct and
other standards of appropriate behaviour.
2) Board of Directors:
The Board of the Bank has been constituted under
Section 9(3) of the Banking Companies {Acquisition &
Transfer of undertaking} Act 1970 (as amended) and
Nationalized Bank (Management & Miscellaneous
Provision) Scheme 1970 (as amended).
The Board of the Bank consists of eminent
personalities, who through their rich and varied
experiences in Banking and other related elds have
made signicant contribution towards the progress
of the bank.
The composition of members of the Board and the
details of attendance at the meetings are given in
appendix A & B.
95
3) sZmU xqi:
oQ M sZmU xqi (L x o) M aPl, pUir Ueu
oM ij pUi xUMU M SzlSz M AlxU Mr ar W|
i) rW xqi oM M xqa sZmU Mr M mruh M
xj-xj lSz p mSl MUi W |
ii) oQ M sZ mU xqi M qZr Mr lqlui W:
M. oM M ur UmOa mr M mruh MUl Lu
xW, mrmi Lu uxlr mMOl xli MUl |
Z. sZMl lir AU uruWU mU uzw os Si
WL ur uuUh x xoki sZMl qlSQ
AU Mll AmA M Almsl xli MUi
WL mokl i M xj ur uuUh M xq
MUl, ij
a. o Lu AiUM sZmU, AiUM lrh M
mrmii, ahu Lu mpuzsi M xq MUl,
uwM sZ AU UmO M Aiq m Sl M mWs
o sZmUM M xj cc MUl ij oM M
u Lu eZq mokl lir M xq MUl |
iii) rW xqi oQ M sZ mU xqi U sla Tq
sZ mU UmO q EPr ar qqs M oU q xji
M xq MUi W |
iv) rW xqi pUir Ueu oM M lUh UmO q EPr
ar xp qqs / Ommhr M Aluil p MUi W |
v) oQ M sZ mU xqi Almsl M, AiU-zZ
sZ xqkl Alpa AS x mmi UmO M xq
p MUi W |
pUir Ueu oM l Aml m AUoAD/2010-11/269-QoLx.
LAULx.ox xZr: 4/08.91.20/2010-11, SlM 10.11.2010
U xq MshQU xci Mr W ex oQ M sZ mU 10.11.2010, conveyed the Calendar of Reviews to
xqi M Aqs MUl W | Cl qS M AukM xq M sL
oM M MmUO Apzxl li q zqs Mr ar W AU ClW
xq MshQU M qioM sZ mU xqi M xql ukui
UZ ei W |
sZ mU xqi M xSxr M xqqh Lu oPM q
ElM Emxji xok uuUh mUz "M" u "Z" q Sr
ar W |
3) Audit Committee:
The Audit Committee of the Board (ACB) has been
constituted by the bank as per guidelines of Reserve
Bank of India and the Government of India.
i) ACB provides directions and also oversees the
operation of the total Audit function of the Bank.
ii) The main functions of the committee are as
under:
a. To oversee the banks nancial reporting
process and ensuring correct, adequate and
credible disclosure of nancial information.
b. Reviewing with the management, the
nancial statements with special emphasis
on accounting policies and practices,
compliance with accounting standards
and other legal requirements, concerning
nancial statements and
c. Review the adequacy, quality and
effectiveness of external and internal audit,
internal control system, interaction with
external auditors before nalization of
Annual accounts and reports, review Banks
nance and risk management policies.
iii) ACB reviews the position with regard to issues
raised in the Long Form Audit Report (LFAR).
iv) It follows up on all the issues / concerns raised in
the Inspection Report of RBI.
v) ACB also makes a review of reports received
from Compliance Cell, Inter-Branch Account
Reconciliation (IBAR) section, etc.
The Reserve Bank of India, vide their letter RBI/2010-
11/269-DBS.ARS.BC.NO. 4/08.91.20/2010-11, dated
be followed by the Audit Committee of the Board.
These items have been incorporated in the Corporate
Governance Policy of the Bank for periodical review
and are duly placed before the Audit Committee as per
Calendar of Reviews.
The composition of members of Audit Committee and
the details of attendance at the meetings are given in
Appendix A &B.
96
4) (i) lqMl xqi:
pUir Ueu oM M xxcl QoAQ x. ox x.
47/29.39.001/2007-08 SlM 01.11.2007 M xSp q
oM M lSzM qQs l pUir Ueu oM M SzlSz
M AlxU qeS luci zrUkUM lSzM / mxiui
EqqSuU M Emri u qMsi xji lkUi MUl M
xqci mr z MUl M Ezr x LM lqMl xqi
M aPl Mr ar | xqi AuzrMilxU oPM Arei
MUa | zrUkUM lSzM M lucl mr lW Wl M
MUh ij luci zrUkUM lSzM U rj 31.03.2014
M mxii bwhA (eul u) q MD qWiumh mUuil lW
Wl M MUh uw 2014-15 M SUl xqi M MD oPM
Arei lW M aD |
(ii) mUqM xqi:
pUi xUMU M m LT x. 20/1/2005-oA.AD, SlM
09.03.2007 M xSp q pUi xUMU M SzlSz M
AlxU mhMsM lSzM M MrlwmSl M qsrMl
MUl M mrelj oM M lSzM qQs l mUqM
xqi aPi M W | ur uw 2014-15 M SUl, oM
l mhMsM lSzM M ur uw 2013-14 x xoki
MrlwmSl xo mixWl Uz M pail Mr | mUqM
xqi M xSxr M xqqh AU oPM q Emxji M
uuUh Alok "M" ij "Z" q Sr ar W |
(iii) lSzM M mUqM:
M) lSzM M mUqM, pUi xUMU M SzlSz M
AlxU AS Mr ei W | uw 2014-15 M SUl oM M
mhMsM lSzM M mS uil uuUh lqlui W :
lq u mSlq
u Lx MwhMqU
MrmsM lSzM
mql xW Uui
MrmsM lSzM
WUSz MqU o
MrmsM lSzM
Ueu MzU So
pimu Akr u mok lSzM
(SlM 30.09.2014 iM)
AzM MqU ami
pimu MrmsM lSzM (SlM
31.10.2014 iM)
Ms
4) (i) Nomination Committee :
In terms of RBI Communication DBOD No. BC.
No. 47/29.39.001/2007-08, dated 01.11.2007, the
Board of the Directors of the Bank had constituted
a Nomination Committee to undertake a process
of due diligence to determine the Fit and Proper
status of the existing elected Shareholder Directors/
Proposed Candidates as per the guidelines of RBI.
The Committee shall meet as and when required.
It didnt meet during 2014-15, since there was no
process of election of Shareholder Directors and also
no signicant changes in the declarations (bio-data)
submitted by the elected Shareholder Directors as on
31.03.2014 for conducting due diligence exercise.
(ii) Remuneration Committee:
In terms of GOI Letter F.No 20/1/2005-BO.I
Dt. 09.03.2007, the Board of Directors of the Bank
had constituted a Remuneration Committee to
evaluate the performance of whole time directors
as per GOI guidelines. During the nancial year
2014-15, the Bank has paid the performance linked
incentives pertaining to the nancial year 2013-14
to the Whole-time Directors. The composition of
members of Remuneration Committee and the
details of attendance at the meetings are given in
Appendix A &B.
(iii) Remuneration to Directors:
a) Remuneration to Directors is paid as per
Government of India guidelines. The details of
salary paid to the whole-time Directors of the
Bank, during the year 2014-15 are as under:
Uz (`) Name & Designation Amount (`)
Shri V S Krishna Kumar
23,01,470.00 Executive Director 23,01,470.00
Shri Pradyuman Singh Rawat
21,26,323.00 Executive Director 21,26,323.00
Shri Harideesh Kumar B
95,550.00 Executive Director 95,550.00
Shri R K Dubey
Ex-Chairman & Managing Director
24,15,716.00 (up to 30.09.2014) 24,15,716.00
Shri Ashok Kumar Gupta
Ex-Executive Director
18,85,077.57 (up to 31.10.2014) 18,85,077.57
88,24,136.57 TOTAL 88,24,136.57
97
 M) aU MrmsM lSzM M pUi xUMU U lkUi
oPM zsM M Asu Mx p mMU M mUqM
Uz lW S e UW W | xui lSzM M mS oPM
zsM mUz 'a' q S aD W |
5) WikUM xok xqi (mu q zrU kUM / luzM zMri
luUh xqi):
xcMUh MUU M ZQ 49 M AlxU zrUkUM / luzM
zMri xqi (Lx AD e Lx) M aPl Mr ar W|
ZQ 49 M xzki SzlSz M AlxU E xqi M
WikUM xok xqi (Lx AU x) M m q ml:lqMUh
Mr ar W | Cx xqi U zrU M AiUh, isl m mmi
l Wl, bwi spz uUO mmi l Wl AS xWi mipi
kUM M zMri M luUh M Almuil Mr ei W |
zrUkUM zMri xZrM
mmi zMri M xZr
Lx zMri elM xqkl x zrUkUM
xi lW WL
soi zMri
Emr zMri q x LM p zMri LM qWl x AkM soi
lW j |
xcMUh MUU M ZQ 47(L) M AlxU o laz oo, Mml
xcu oM M Almsl AkMU W |
WikUM xok xqi M xSxr M xqqh Lu oPM q ElM
Emxji xok uuUh mUz M ij Z q Sr ar W |
WikUM xok xqi M xSxr M xqqh Lu oPM q ElM
Emxji xok uuUh mUz M ij Z q Sr ar W |
Alr xqir:
(M) mokl xqi:
oQ M mokl xqi UrMi oM (mokl u uuk
mukl) rel 1970 (rj xzki) M mukl M
AlxU aPi M aD W| mokl xqi U xZ mxiu
M qeU, Gh, o Zi sZl M mxiu M xqfi
/ lmOl, me AU Uexu urr M AlqSl, mUxU
M AkaWh AU MUr mU sl, uS / Ams M
SrU MUl, luz, Sl AU oQ M xqi M xSpi
r mirrei Alr qqs M xok q oQ U mS
xp AkMU M mra Mr ei W |
b) Non - Executive Directors are not being paid any
other remuneration except Sitting Fees as xed
by Government of India. The sitting fees paid to
the Directors is given in the Appendix C.
5) Stakeholders Relationship Committee (Previously
Shareholders/ Investors Grievances Committee) :
The Shareholders/Investors Grievances Committee
(SIGC) has been constituted in terms of Clause
49 of the Listing Agreement. As per the revised
guidelines of Clause 49, the same has been renamed
as Stakeholders Relationship Committee (SRC). The
Committee monitors the redressal of the grievances
of the security holders of the Bank including
complaints related to transfer of shares, non- receipt
of balance sheet, non-receipt of declared dividend
warrants.
Shareholders Grievances Statistics:
1649 Complaints Received 1649
Complaints not solved to the satisfaction
zlr Nil
of shareholders
zlr Pending complaints Nil
None of the above complaints were pending for more
than a month.
In terms of Clause 47(a) of the Listing Agreement, Shri
B Nagesh Babu, Company Secretary is the Compliance
Ofcer of the Bank.
The Composition of members of Stakeholders
Relationship Committee and details of attendance at the
meeting are given in appendix A & B.
Other Committees:
(a) Management Committee:
The Management Committee of the Board
is constituted as per the clause 13 of the
Nationalised Banks (Management and
Miscellaneous Provisions) Scheme, 1970 (as
amended). The Management Committee
exercises all the powers vested with the
Committee in respect of sanctioning of credit
proposals, compromise/ settlement of loans,
write-off proposals, approval of capital and
revenue expenditure, acquisition and hiring of
premises, ling of suits/ appeals, investment,
donations and any other matter referred to or
delegated to the Committee by the Board.
98
 mokl xqi M xSxr M xqqh Lu oPM q
ElM Emxji uuUh mUz M ij Z q Sr
ar W |
(Z) eZq mokl xqi:
oM M AMU, eOsi M xiU, eZq mTCs AU
oM M mUcsl M urmi M Alm oM l Eci
eZq mokl lir mri M W |
oM M sL LMMi eZq mokl mi Wi li Lu
Uhli mri MUl M sL oQ xiUr eZq mokl
xqi M aPl Mr ar W |
cM eZq mokl mi M xqi SMh M qkrq
x Mrlui MUl W, cU E xiUr xqir Aji
xZ eZq mokl xqi, oeU eZq mokl xqi
Lu mUcsliqM eZq mokl xqi xjmi W e
eZq mokl x xoki xp xqlr eZq x
muUi qxs M xpsi W | Cl cU xqir M
Akr oM M mok lSzM u qZr MrMU AkMU
r MrmsM lSzM W ij uU MrmsM U Cx
qqs q ElM xWri M ei W |
oQ M eZq mokl xqi M xSxr M xqqh
AU oPM q ElM Emxji M uuUh mUz M
ij Z q Sr ar W |
(a) Axi Sri mokl xqi:
pUir Ueu oM M lSz M AkU mU oM l
AiUM Axi Sri mokl xqi M aPl Mr W,
exM Akri oM M mok lSzM u qZr MrMU
AkMU r MrmsM lSzM U M ei W |
xqi M Alr xSxr q oM M uU MrmsM
zqs Wi W|
Axi Sri mokl xqi M Mr M urmi
lqlMi W :
M) iUsi eZq mokl
Z) oeU eZq mokl
a) urmUM eZq mokl
b) lkrl Lu me Arel
X) sp Arel Lu uMx Arel
The composition of members of Management
Committee and the details of attendance at the
meetings are given in Appendix A&B.
(b) Risk Management Committee:
The Bank has evolved suitable Risk Management
Policies consistent with the size of the Bank,
level of complexity, risk prole and scope of
operations of the Bank.
A Board Level Risk Management Committee
has been formed, with the responsibility of
devising policy and strategy for integrated Risk
Management System for the Bank.
As the Risk Management system is required
to be implemented through a Committee
approach, four high level committees viz.
Credit Risk Management Committee, Market
Risk Management Committee, Operational
Risk Management Committee and Group Risk
Management Committee are in place to deal
with the issues relating to Risk Management
covering all generic risks. The MD&CEO or
ED of the Bank is the Chairman for all the
four Committees, assisted by the Senior Level
Executives of the Bank.
The composition of members of Risk
Management Committee of the Board and the
details of attendance at the meetings are given
in appendix A & B.
(c) Asset Liability Management Committee:
Based on RBI directives, the Bank has set up an
internal Asset Liability Management Committee
(ALCO) headed by MD&CEO or ED of the Bank.
The other members of the Committee include
the Senior Executives of the Bank.
The scope of ALCO functions is as follows:
(A) Liquidity risk management
(B) Management of market risk
(C) Trading risk management
(D) Funding and capital Planning
(E) Prot Planning & Growth Planning
99
Axi Sri mokl xqi lus ore Ar mU Axi u Sri The ALCO deliberates in detail over the liquidity position
Sl M ore SU q mUuil x Wlus mpu Lu iUsi xji and the impact of changes in the interest rates of both
M oU q uxii m x ucU uqz MUi W| assets and liabilities on the Net- Interest Income.

6)) xqlr oPM: 6) General Body meetings:

mNs il uwM xqlr oPM M uuUh lc The details of last three Annual General Meetings
mxii W: held are furnished here below:

SlM xqr xjl Date Time Venue

leri BQOUrq, Jnanajyothi Auditorium,
04 28.06.2012 4 pm Central College, Palace Road,
28.06.2012 xOs Mse,
AmU Bengaluru - 560 001
msx UQ, oas- 560 001
leri BQOUrq, Jnanajyothi Auditorium,
10 22.07.2013 10 am Central College, Palace Road,
22.07.2013 xOs Mse,
mu Bengaluru -560 001
msx UQ, oas- 560 001
Auditorium - 1, NIMHANS
xpaW 1, lqWx, Convention Centre,
3.30 Muxl xOU, WxU ql UQ, 21.07.2014 3.30 pm Hombegowda Nagar,
21.07.2014
AmU WqoaQ laU, Hosur Main Road,
oas - 560 029 Bengaluru - 560 029

mNs xqlr uwM oPM (Aji SlM 21.07.2014 M One special resolution was put through in last Annual
Arei oM M oUWu xqlr oPM) q MD uzw xMsm General Meeting (ie., 12th AGM of the Bank held on
lW UZ ar j ij QM qiSl p lW Mr ar | 21.07.2014) and there were no postal ballot exercise.

oUWu xqlr oPM q Emxji lSzM M uuUh mUz 'Z'
q Sr ar W |
oM l SlM 27.03.2015 M `10/- AMi qsr M 1,39,38,134
DYuO zrU `398.95/- M mqrq xWi `408.95/- M laq
qsr mU laqi / AoOi MUl M sL zrUkUM M xWqi
mmi MUl M Ezr x LM uzw xMsm M qkrq x LM
AxkUh xqlr oPM Arei Mr |
Details of attendance of Directors at the 12th Annual
General Meeting are given in Appendix B.
The Bank has conducted an Extraordinary General
Meeting on 27.03.2015 for the purpose of obtaining
consent of the shareholders by way of a Special Resolution
to issue / allot 1,39,38,134 equity shares of face value of
` 10/- each for cash at an Issue Price of ` 408.95 including
premium of ` 398.95.

7) mmMOl:
oM M xoki mO x slSl rj 31.03.2015 M islm
M sZ xok Ommh Alxc 18 q mMO Mr ar W |
oM l Aml zrU M xcMUh MUl M oS me oeU
x xoki xp qqs M Almsl Mr W | ai il uw
M SUl me oeU x xoki Mx p qqs q xOM
LYxce r xo Aju Mx p Alr xukM mkMUh
U oM mU l MD SQ sar ar W AU l W MD miMs
Ommh M aD W |
7) Disclosures:
The Related Party Transactions of the Bank are
disclosed in the notes on accounts schedule 18 of the
Balance Sheet as on 31.03.2015.
The Bank has complied with all matters related to
capital market since its listing of shares. There are
no penalties or strictures imposed on the Bank by
the stock exchanges or SEBI or any other statutory
authorities on any matter related to capital Markets,
during the last three years.

100
 oM l pUi xUMU M SzlSz M AlxU uWxs The Bank has drawn Whistle Blower Policy as per the
osAU li irU Mr W ij uWxs osAU xU mSl GOI guidelines and the protection has been extended
Mr ar W to the Whistle Blower.

oM l Aml ulrqM mkMUr U lkUi xU
AkSziqM AmA M Almsl Mr W |
xcMUh MUU M ZQ 49 M aU-AkSziqM AmA
M Mrlurl lqlui W:
The Bank has complied with all the mandatory
requirements prescribed by Regulatory Authorities.
The extent of implementation of non-mandatory
requirements of clause 49 of the Listing Agreement
are as under:

aU-AkSziqM Sl. Non Mandatory Status of Implementation

Mrlurl M xji
qM Am
No. Requirement

1. oQ oQ M aPl oMa Mml

1. The Board Board is Constituted
aU MrmsM (Emq M AkaWh ij A non-executive as per Section (9)(3) of
Akr, Akr M AiUh) Aklrq 1970 M Chairman may Banking Companies
Mrsr M xpsl kU 9(3) M AlxU Mr be entitled (Acquisition and Transfer
Wi AW Wa| ar W | Ai: rW ZQ oM to maintain of Undertaking) Act, 1970.
M sL sa lW W| a Chairmans Hence this clause is not
ofce. applicable for the Bank.

2. zrU kUM M oM l uw M SUl ML 2. Shareholder The Bank has sent Annual

AkMU aL EssZlr uMx x Rights Financial Results along
xoki xU xm xWi with the summary of
uwM ur mUhq xU signicant developments
zrUkUM M pe W | during the year, to all the
shareholders.

3. sZ mU xukM sZmUM l
rarir 3. Audit Statutory Auditors
SlM 31.03.2014 M
qualications have not issued any
xqmi uw M sL Aml
qualications in their
sZmU UmO q MD audit report for the year
rariL eU lW M W | ended 31.03.2014

4. Akr u qZr oQ M aPl oMa Mml

4. Separate Posts Board is Constituted
MrMU AkMU (Emq M AkaWh ij of Chairman and as per Section (9)(3) of
M Asa-Asa mS AiUh) Aklrq 1970 M CEO Banking Companies
kU 9(3) M AlxU Mr (Acquisition and Transfer
ar W | of Undertaking) Act, 1970.

101
 5. AiUM sZmUM qW mokM, lUh upa
5. Reporting of The General Manager,
M UmOa (AiUM sZmU) Internal Auditor Inspection Wing (Internal
ij ElM U lqMi Audit) and the ofcials
AkMUr M xp nominated by him have
unrestricted access to all
ApsZ, Axir,
records, assets, functions
MrMsm ij MqM AU
and personnel & have
oQ M sZmU xqi full and free access to
u uU mokl i q mh u the Audit Committee
Amioki Apaq W | of the Board and Senior
Management

8) Means of communication:
8) xmwh M q
qkrq:
krq:

MlU oM, oM x xoki elMU qZrir oM M uwM
UmO M eUL Si W, exq MmUO aullx mU lSzM
qQs M UmO, lSzM M UmO, sZmUi sZ, lMS
muW uuUh AS zqs W | zrUkUM M AZoU q
mMzl, xOM LYxce M xcl, mx umir Lu oM
M uoxCO AS M eUL p elMU S ei W | oM,
Mrsrl xqcU umir / mxiiMUh p uoxCO q
mSzi MUi W |
xcMUh MUU M ZQ 41 M AlxU ur mUhq AU
qsr q xuSlzsi xok Alr xclL xOM LYxce
M S ei W |
Canara Bank provides information relating to Bank
through its Annual Report which contains Report
of the Board of Directors on Corporate Governance,
the Directors report, audited accounts, cash ow
statements, etc. The shareholders are also intimated
of its performances, through publication in news
papers, intimation to stock exchanges, press releases
and through website at www.canarabank.com.
The Bank also displays ofcial News releases,
presentations in its website.
In terms of Clause 41 of the Listing Agreement,
Financial Results and other price sensitive
informations are furnished to Stock Exchanges.

mUhq M mMzl: Publication of Results:

xqmi mMzl M xqcU m Quarter Date of Newspaper

iqW iUZ Ended Publication
Sz pwL Ur Vernacular National
31.03.2014 06.05.2014 meuh oelx xOhQQ
31.03.2014 06.05.2014 Prajavaani Business
(Aae u WlS),
Standard
oelx sCl, (English & Hindi),
CMhqM OCqx Business Line,
u Ql WUsQ Economic Times
and Deccan
Herald

30.06.2014 22.07.2014 MQ oelx 30.06.2014 22.07.2014 Kannada Business

mp xOhQQ Prabha Standard

102
30.09.2014 07.11.2014 uer oelx xOhQQ 30.09.2014 07.11.2014 Vijay Business
MlOM (Aae u WlS) Karnataka Standard (English
& Hindi)
31.12.2014 05.02.2015 uer oelx xOhQQ 31.12.2014 05.02.2015 Vijay Business
MlOM (Aae u WlS) Karnataka Standard (English
& Hindi) and
u oelx sCl Business Line

9) zrUkUM M xqlr xcl: 9) General Shareholders Information:

ur MshQU Financial Calendar
ur uw 2014-2015 Financial year 2014-2015
oW oS Wl M iUZ 27.06.2015 - Book Closure Date 27.06.2015 -
(Sl Sl xWi) 14.07.2015 (Both days inclusive) 14.07.2015
mYx Tq mmi MUl M Aiq iUZ 09.07.2015 Last Date for receipt of proxy forms 09.07.2015
uwM xqlr oPM M iUZ 14.07.2015 Date of Annual General Meeting 14.07.2015
spz pail M iUZ 14.07.2015 Dividend Payment Date 14.07.2015
spz uUO M mwh M Probable date of dispatch of
xpui iUZ 21.07.2015 21.07.2015
dividend warrants

Listing on Stock Exchanges :

xOM LYxce q xcMUh :
Canara Bank shares are listed at the following
lqlMi xOM LYxce q MlU oM M zrU M xcMUh
Stock Exchanges. Stock Codes of respective stock
Mr ar W | xoki xOM LYxce M xOM MO ElM
exchanges are furnished against their names.
lq M Aa Sr ar W |

1 oqo xOM LYxce sqOQ 532483 1 Bombay Stock Exchange Ltd. 532483

2 lzls xOM LYxce BT CQr CANBK 2 National Stock Exchange of India CANBK
sqOQ Limited

uw 2014-15 M sL xOM LYxce M uwM xcMUh zsM Annual Listing fee to stock exchanges for the year
M pail lkUi Sr ij M ASU Mr ar W | 2014-15 has been paid within the prescribed due date.

103
oeU qsr AMQ
qW uw oqo xOM LYxce sqOQ lzls xOM LYxce BT CQr s.

Ak- lrliq zrU M q AkMiq lrliq zrU M q

Miq (`) (`) (`)
(`)
Ams 2014 299 250 55,18,019 299 258 5,78,52,466
qD 2014 492 273 1,68,84,328 492 273 13,93,92,664
el 2014 498 418 77,82,747 498 416 7,87,09,399
esD 2014 470 382 62,88,147 470 382 6,74,88,041
Aaxi 2014 414 357 43,62,936 414 356 4,31,22,487
xioU 2014 419 335 61,84,509 419 335 4,94,56,088
AoU 2014 403 344 34,11,885 404 344 2,85,05,383
luoU 2014 422 380 35,53,058 422 380 3,90,35,145
SxoU 2014 454 390 56,40,798 454 390 6,26,85,899
eluU 2015 478 431 33,26,743 479 431 3,44,77,931
TUuU 2015 461 392 59,84,439 462 392 4,78,62,095
qc 2015 451 346 41,39,563 452 346 3,52,26,561

Market Price Data

Month Year Bombay Stock Exchange Ltd. National Stock Exchange of India Ltd.

High Low Volume High Low Volume

(`) (`) No. (`) (`) No.
April 2014 299 250 55,18,019 299 258 5,78,52,466
May 2014 492 273 1,68,84,328 492 273 13,93,92,664
June 2014 498 418 77,82,747 498 416 7,87,09,399
July 2014 470 382 62,88,147 470 382 6,74,88,041
August 2014 414 357 43,62,936 414 356 4,31,22,487
September 2014 419 335 61,84,509 419 335 4,94,56,088
October 2014 403 344 34,11,885 404 344 2,85,05,383
November 2014 422 380 35,53,058 422 380 3,90,35,145
December 2014 454 390 56,40,798 454 390 6,26,85,899
January 2015 478 431 33,26,743 479 431 3,44,77,931
February 2015 461 392 59,84,439 462 392 4,78,62,095
March 2015 451 346 41,39,563 452 346 3,52,26,561

104
Alr mMOOl: Other Disclosures:
xo l Aml mUm xADAU/xLTQ/QADLs/10/2010 The SEBI, vide its Circular CIR/CFD/DIL/10/2010, dated
SlM 16.12.2010 U DYuO sxOa MUU M ZhQ 5 L q 16.12.2010, made amendments to Clause 5A of the
Equity Listing Agreement. As per the amendment, for
xzkl Mr | xzkl M AlxU, xuelM r Mx Alr Czr
shares issued in physical form pursuant to a public issue
M mUhqxum piM m q eU Mr ar zrU, e ASu or any other issue, which remain unclaimed, the issuer
UW ei W, M sL eUMi Mml U Exq lkUi mr company has to follow the procedure prescribed therein.
Amll W | Clause 5 A - The Bank had gone for IPO during 2002-03
and issued 41 Crore Equity Shares of face value of `10/-
ZhQ 5 L: oM l 2002-03 M SUl ADmA eU MUM to the investors both under Physical mode and Demat
luzM M `10/- AMi qsr M 41 MUQ DYuO zrU piM mode.
AU upiM Sl m q eU Mr | In terms of Clause 5A of the Listing Agreement,
the Unclaimed shares of the Bank in respect of Physical
xcMUh MUU M ZQ 5L M AlxU, piM zrU M qqs shares shall be credited to a demat suspense account
q ASu zrU eUMi oM U lmaU xWpa M xj opened by the issuer with one of the depository
Zs aL Eci Zi q eq Mr el W | iSlxU oM l MlU participants. Accordingly, the Bank had opened a Demat
Account with Canara Bank, DP Cell, Bengaluru. The details
oM, Qm M, oas q LM upiM (QqO) Zi Zs W |
are as under :
iSxok elMU lqllxU W :
Name of the Account: Canara Bank Unclaimed
Zi M lq: MlU oM - ASu Eci Zi - piM zrU Suspense Account Physical Shares DPID ID / Client ID
QmADQ ADQ / aWM mWcl xZr : 301356 / 20552606 Number: 301356 / 20552606
uuUh zrU mqhm zrU M Particulars No. of Share No. of
M xZr xZr Certicates Shares
rj 01.04.2012 M 4(ASu) 2200 As on 01.04.2012 4 (Unclaimed) 2200
2012-13 q ASu Eci Zi 2 1200 Transferred to Unclaimed 2 1200
M AiUi (EmrlxU) Suspense Account
mWcl ML aL / Q AU O (as stated above) in 2012-13
1 500
qqs Identied / DRT Case 1 500
mWcl ML aL ij 2013-14 1 500 Identied & handed over in 1 500
q WxiiUi 2013-14
rj 31.03.2015 M soi -- -- Pending as on 31.03.2015 -- --
rj 31.03.2015 M xji -- -- As on 31.03.2015, the position -- --

urmM AkU xcMM M mi MrlwmSl / Performance in comparison to Broad Based Indices

105
106
UexOU u AiUh LeO Registrar and transfer Agent
Mu MmrOUzrU mDuO sqOQ Karvy Computershare Pvt. Ltd
rlO: MlU oM Unit: Canara Bank
Mu xslrq OuU o, msO x.31-32, Karvy Selenium Tower B, Plot No. 31-32
aous, llqaQ ur es Gachibowli, Financial District, Nanakramguda
WSUoS - 500 032 HYDERABAD 500 032
zrU AiUh mhs Share Transfer System
(a) Physical Shares:
(M) piM zrU:
The Original Share Certicates along with
zrU M AiUh / mwh M sL AiUh usZ M xj qs transfer deed should be forwarded to M/s Karvy
zrU mqhm, oM M UexOU u zrU AiUh LeO qxx Computershare Pvt. Ltd, Hyderabad, the Registrar
Mu MmrOUzrU mCuO sqOQ, WSUoS M Aawi MUl and Share Transfer Agents of the Bank for transfer /
cWL | transmission of shares.

(Z) upiM m q zrU: (b) Shares in Demat form:

In case the shares are in demat form, Delivery
upiM m q zrU W i, ElM AiUi MUl M sL Instructions are to be given to the concerned
xoki lmaU xWpa (Qm) M xmSa AlSz Sl W| Depository Participant (DP) for transfer of shares.

zrU kUh M xuiUh Distribution of Shareholding

huU (31.03.2015) Category wise (31.03.2015)

h # zrU M zrU kUh Sl Category # No. of shares % of share

x xZr M % No. holding
Government of
1 pUi xUMU (*) 332196971 69.91 1 (*) 332196971 69.91
India
2 oM u ur xxjL 3170453 0.67
Banks & Financial
2 3170453 0.67
3 oq Mmlr 36534724 7.69 Institutions
4 qrcrAs TQ 23093947 4.86 Insurance
3 36534724 7.69
Companies
5 MmUO lMr 4492269 0.94
4 Mutual Funds 23093947 4.86
6 Ll AU AD / A x o 612713 0.13 5 Bodies Corporate 4492269 0.94

lux ur / Aup 6 NRIs/OCBs 612713 0.13

7 WlS mUuU / lrx 24821672 5.22 Resident
AS 7 Individuals/HUF / 24821672 5.22
Trust etc.
uSz xxjai Foreign
8 50274222 10.58
luzM 8 Institutional 50274222 10.58
investors / FPIs
Ms 475196971 100 TOTAL 475196971 100
# mirM zrU M lqq qsr `10/- W # Nominal value of each share is `10/-
(*) lO: oM l SlM 31.03.2015 M Akqli AkU mU pUi xUMU M (*) Note: The Bank had issued / allotted 1,39,38,134 equity shares to
1,39,38,134 DYuO zrU laqi / AoOi Mr | Government of India on Preferential basis on 31.03.2015.

107
qsr uU: (31.03.2015)

zrU kUh M zrUkUM M

% zrU M xZr %
lqq qsr (`) xZr

5000 iM 132611 93.85 15014231 3.16

5001 x 10000 6435 4.55 5289380 1.11

10001 x 20000 1220 0.86 1798912 0.38

20001 x 30000 293 0.21 736930 0.16

30001 x 40000 113 0.08 396177 0.08

40001 x 50000 119 0.08 536853 0.11

50001 x 100000 162 0.11 1196803 0.25

100001 u Exx 365 0.26 450227685 94.75

AkM

Ms 141318 100 475196971 100

Value wise: (31.03.2015)

Shareholding No. of % No. of Shares %

Nominal Value (`) Shareholders

Up to 5000 132611 93.85 15014231 3.16

5001 to 10000 6435 4.55 5289380 1.11

10001 to 20000 1220 0.86 1798912 0.38

20001 to 30000 293 0.21 736930 0.16

30001 to 40000 113 0.08 396177 0.08

40001 to 50000 119 0.08 536853 0.11

50001 to 100000 162 0.11 1196803 0.25

100001 and above 365 0.26 450227685 94.75

TOTAL 141318 100 475196971 100

108
zrU M
M upiMMUh AU lMS:
oM M zrU M ZUS-TUZi Alurir upiMMi m q
W Mr ei W | Aml zrU M upiMMUh M sL oM qxx
lzls xYrUOe QmeOU sqOQ (LlLxQLs) AU qxx
xOs QmeOUx xuxe (CQr) sqOQ (xLxQLs) M
xj MUU q mu WA | oM zrU M sL AoOi ADLxADLl
ADLlD.476L01014 W | zrU M upiMMUh ElM Axl
lMSMUh xli MUi W |
oM M zrU M upiM m q W ZUS TUZi Wl M
MUh piM m q zrU M kUh MUlus zrUkUM M
Mx lmaU xWpa M mx upiM Zi ZsMU zrU
M upiM m q oSsl M sL xoki lmaU xWpa M
pel W e ElW Aa qxx Mu MmrOUzrU mCuO sqOQ,
WSUoS M pea, e zrU M upiM m q mUuil M sr
oM M UexOU u AiUh LeO W |
upiMMi / piM m x kUh (31.03.2015
(31.03.2015)
zrUkUM % zrU M
M xZr
piM 27216 19.26
CsYOlM-LlLxQLs 85156 60.26 129304976 27.21
CsYOlM-xQLxLs 28946 20.48 325697439 68.54
Ms 141318
lO: oM l SlM 31.03.2015 M Akqli AkU mU
(*)l
pUi xUMU M 1,39,38,134 DYuO zrU laqi / AoOi
Mr | SlM 31.03.2015 M pUi xUMU x mmi AuSl Uz
rj 31.03.2015 M isl m M me u zrU mqrq Zi q
zqs ML el M MUh AoOi zrU x Q Lx Ls M xj
pUi xUMU M Q qO Zi q eq MUl x mu piM m q UZ aL|
Alrj, oM M Ms laqi zrU q x piM m q Emsok zrU
1.32% ij x Q Lx Ls h q Q qO m q Emsok zrU 71.47 j |
eQAU / LQAU / uUO r MD mUuilr sZi oMr lW W |
mcU M mi
MlU oM
xcur mpa
mok lSzM u qZr MrMU
AkMU M xcusr
mkl Mrsr, 112, e x UQ
oasU - 560 002
D-qs mi: hosecretarial@canarabank.com
Dematerialisation of shares and liquidity:
The Banks shares are traded compulsorily in
dematerialized form only. The Bank has entered into
agreement with M/s National Securities Depository
Limited (NSDL) and M/s Central Depositories Services
(India) Limited (CDSL) for Dematerialisation of the
Banks shares. The ISIN allotted to the Banks shares is
INE476A01014. Dematerialisation of the shares ensures
easy liquidity.
Since the shares of the Bank are traded in demat mode,
the shareholders holding shares in physical form, have
to open Demat Accounts with any of the Depository
Participant (DP) and surrender their original share
certicates to the concerned Depository Participant (DP)
for onward transmission to M/s Karvy Computershare
Private Limited, Hyderabad, the R & T Agents of the Bank,
for conversion of shares in demat form.
Demat / Physical Holding (31.03.2015)
% Number of % Number of %
xZr Shareholders Shares
20194556 (*) 4.25 Physical 27216 19.26 20194556 (*) 4.25
Electronic-NSDL 85156 60.26 129304976 27.21
Electronic-CDSL 28946 20.48 325697439 68.54
100 475196971 100 TOTAL 141318 100 475196971 100
(*)Note: The Bank had issued / allotted 1,39,38,134 equity
shares to Government of India on Preferential basis on
31.03.2015. Since the application money received from GOI
on 31.03.2015, has been accounted for in Balance Sheet as on
31.03.2015 under Capital and Share Premium accounts, the
allotted shares were kept in Physical Mode before crediting to
the demat account of GOI with CDSL. Otherwise, the shares in
physical mode would have been at 1.32 % and demat shares in
CDSL category at 71.47 % in the total issued shares of the Bank.
There are no outstanding GDRs / ADRs / Warrants or any
convertible instruments
Address for Correspondence
CANARA BANK
SECRETARIAL DEPARTMENT
MD & CEOS SECRETARIAT
HEAD OFFICE, 112, J C ROAD
BENGALURU - 560 002
EMAIL ID: hosecretarial@canarabank.com
109
mUz M
i. lSzM qQs M xqqh (31.03.2015
(31.03.2015)

x lq mMU MrMs Alr oQ q xSxri

1. u Lx Mwh MqU M l 04.04.2013-30.04.2015 8

2. mql xW Uui M l (A m- 05.08.2013-31.05.2016 zlr
-m l)
3. WUSz MqU o M l 11.03.2015-31.05.2017 zlr

4. Q. Uei pau p x Nominated on 26.07.2013 zlr

5. qi Eq zMU p U o Nominated on 23.02.2015 zlr

6. e u qhqUl A l 03.01.2014-02.01.2017 zlr

7. xls WYqcS McO aU M l- 06.12.2013-05.12.2016 1 (zrUkUh)

x s
8. xDUq pxMU qcUs aU M l 05.12.2013-04.12.2016 2
9. UelSU MqU ars z l 27.07.2013-26.07.2016 8
10. xer el z l 27.07.2013 -26.07.2016 1 (xfSU)

Appendix A
i. COMPOSITION OF BOARD OF DIRECTORS (31.03.2015)

Sl NAME TYPE TERM OF OFFICE MEMBERSHIP OF

No. OTHER BOARDS
1. SHRI V S KRISHNA KUMAR ED 04.04.2013-30.04.2015 8
2. SHRI PRADYUMAN SINGH RAWAT ED 05.08.2013-31.05.2016 Nil
(Additional
charge - MD &
CEO)
3. SHRI HARIDEESH KUMAR B ED 11.03.2015-31.05.2017 Nil
4. Dr. RAJAT BHARGAVA GOI Nominated on Nil
26.07.2013
5. SMT UMA SHANKAR RBI Nominated on Nil
23.02.2015
6. SHRI G V MANIMARAN OD 03.01.2014-02.01.2017 Nil
7. SHRI SUNIL HUKUMCHAND KOCHETA NED - CA 06.12.2013-05.12.2016 1(shareholding)
8. SHRI SAIRAM BHASKAR. MOCHERLA NED 05.12.2013-04.12.2016 2
9. SHRI RAJINDER KUMAR GOEL SD 27.07.2013-26.07.2016 8
10. SHRI SANJAY JAIN SD 27.07.2013 -26.07.2016 1 (Partner)

110
ii. 2014-15 M SUl MrMs xqmi lSzM M orU

1. Ueu MzU So A u m l 11.01.2013 30.09.2014 s.l.

2. AzM MqU ami M l 28.07.2011-31.10.2014 s.l.

3. qi ql WqcS p U o 13.10.2011-22.02.2015 s.l.

4. e u xozu Uu Mq. l 21.10.2011-20.10.2014 s.l.

5. xil xlW aU M l 17.10.2011-16.10.2014 s.l.

ii. PARTICULARS OF DIRECTORS WHOSE TERM HAS ENDED DURING 2014-2015

1. SHRI R K DUBEY C&MD 11.01.2013 30.09.2014 NA

2. SHRI ASHOK KUMAR GUPTA ED 28.07.2011-31.10.2014 NA

3. SMT MEENA HEMCHANDRA RBI 13.10.2011-22.02.2015 NA

4. SHRI G V SAMBASIVA RAO WD 21.10.2011-20.10.2014 NA

5. SHRI SUTANU SINHA NED 17.10.2011-16.10.2014 NA

xMi / KEY

A u m l / C&MD Akr u mok lSzM / Chairman & Managing Director

m l u q M A / MD & CEO mok lSzM u qZr MrMU AkMU / Managing Director & Chief Executive Ofcer

M l / ED MrmsM lSzM / Executive Director

p x / GOI pUi xUMU lSzM / Government of India

p U o / RBI pUir Ueu oM lSzM / Reserve Bank of India

A l / OD AkMU lSzM / Ofcer Director

aU Ml / NED aU-MrmsM lSzM / Non-Executive Director

z l / SD zrUkUM lSzM / Shareholder Director

Mq. l / WD MqaU lSzM / Workmen Director

s l / NA sa lW / Not Applicable

111
iii. oQ M xqir M xqqh / iii. COMPOSITION OF COMMITTEES OF THE BOARD

xqi / COMMITTEE Akr/ CHAIRMAN

Akr xSxr / MEMBERS

mokl xqi u Lx MwhMqU mql xW Uui / Shri Pradyuman Singh Rawat

Management Committee Shri V S Krishna Kumar WUSz MqU o / Shri Harideesh Kumar B

qi Eq zMU / Smt Uma Shankar

e u qhqUl / Shri G V Manimaran

UelSU MqU ars / Shri Rajinder Kumar Goel

xer el / Shri Sanjay Jain

eZq mokl xqi Risk u Lx MwhMqU mql xW Uui / Shri Pradyuman Singh Rawat

Management Committee Shri V S Krishna Kumar WUSz MqU o / Shri Harideesh Kumar B

xDUq pxMU qcUs/ Shri Sairam Bhaskar Mocherla

UelSU MqU ars / Shri Rajinder Kumar Goel

xer el / Shri Sanjay Jain

sZmU xqi xDUq o. qcUs / u Lx MwhMqU / Shri V S Krishna Kumar

Audit Committee Shri Sairam Bhaskar mql xW Uui / Shri Pradyuman Singh Rawat
Mocherla WUSz MqU o / Shri Harideesh Kumar B

Q. Uei pau / Dr. Rajat Bhargava

qi Eq zMU / Smt Uma Shankar

xls WYqcS McO / Shri Sunil Hukumchand Kocheta

zrUkUM / luzM UelSU MqU ars u Lx MwhMqU / Shri V S Krishna Kumar

M zMri xqi Shri Rajinder Kumar mql xW Uui / Shri Pradyuman Singh Rawat
Goel
Stakeholders WUSz MqU o / Shri Harideesh Kumar B
Relationship Committee xls WYqcS McO / Shri Sunil Hukumchand Kocheta

mUqM xqi Q. Uei pau qi Eq zMU / Smt Uma Shankar

Remuneration Dr. Rajat Bhargava xDUq pxMU qcUs/ Shri Sairam Bhaskar Mocherla
Committee xer el / Shri Sanjay Jain

112
mUz Z
lSzM M Emxji M orU
mokl sZ eZq mNs
Lx.AU.x.
Lx.AU.x.* kUi zrU
lq oQ oPM xqi mU mokl xqi uwM
x oPM M xZr
oPM oPM oPM xqlr oPM
Emxji/ Emxji/ Emxji/ Emxji/ Emxji/
Arei Arei Arei Arei Arei
1. u Lx Mwh MqU 12/13 23/23 9/9 1/1 7/7 10
2. mql xW Uui 10/13 18/23 8/9 1/1 6/7 zlr
3. WUSz MqU o 1/1 1/1 1/1 -- 1/1 s l zlr
4. Q. Uei pau 7/13 -- 2/9 -- -- X zlr
5. qi Eq zMU 2/2 1/2 1/1 -- -- s l zlr
6. e u qhqUl 13/13 19/19 -- -- 5/5 zlr
7. xls WYqcS McO 12/13 18/19 7/7 1/1 5/5 zlr
8. xDUq pxMU qcUs 11/13 7/8 5/5 -- 2/2 zlr
9. UelSU MqU ars 12/13 17/17 -- 1/1 5/5 s l 100
10. xer el 13/13 15/15 -- -- 4/4 200

uw 2014-2015 M SUl MrMs xqmi lSzM M Emxji M orU

1. AU M So 7/7 12/12 -- -- 4/4 Nil
2. AzM MqU ami 5/8 8/13 4/5 -- 2/4 Nil
3. qi ql WqcS 6/11 9/20 4/8 -- -- x Nil
4. e u xozuUu 6/7 5/6 -- -- -- Nil
5. xil xlW 7/7 4/4 5/5 -- -- Nil

up oPM M iUZ
mokl sZ eZq mN-
Lx.AU.x.
Lx.AU.x.*
oQ oPM xqi mU mokl xqi s uwM DeLq
oPM
oPM oPM oPM xqlr oPM
28.04.14 08.04.14 05.05.14 09.03.15 28.04.14 21.07.14 27.03.15
05.05.14 28.04.14 26.05.14 14.06.14
26.05.14 14.05.14 14.06.14 26.08.14
23.06.14 26.05.14 21.07.14 27.09.14
21.07.14 14.06.14 08.09.14 30.12.14
26.08.14 23.06.14 06.11.14 24.02.15
30.09.14 07.07.14 04.02.15 19.03.15
31.10.14 01.08.14 23.02.15
06.11.14 26.08.14 23.03.15
10.01.15 13.09.14
04.02.15 18.09.14
09.03.15 27.09.14
23.03.15 15.10.14
20.11.14
05.12.14
13.12.14
24.12.14
30.12.14
16.01.15
04.02.15
24.02.15
09.03.15
25.03.15
Me: Lx AD e x: zrUkUM / luzM mUuS xqi M oPM s l: sa lW

113
Appendix B
DETAILS OF ATTENDANCE OF DIRECTORS
SL. NAME BOARD MANAGE- AUDIT SRC* RISK MAN- LAST NO. OF
NO. MEETING MENT COMMITTEE MEETING AGEMENT ANNUAL SHARES
COMMITTEE MEETING COMMITTEE GENERAL HELD
MEETING MEETING MEETING
Attended/ Attended / Attended / Attended / Attended /
Held Held Held Held Held
1. SHRI V S KRISHNA KUMAR 12/13 23/23 9/9 1/1 7/7 10
2. SHRI PRADYUMAN SINGH 10/13 18/23 8/9 1/1 6/7 Nil
RAWAT
3. SHRI HARIDEESH KUMAR B 1/1 1/1 1/1 -- 1/1 NA Nil
4. DR. RAJAT BHARGAVA 7/13 -- 2/9 -- -- X Nil
5. SMT UMA SHANKAR 2/2 1/2 1/1 -- -- NA Nil
6. SHRI G V MANIMARAN 13/13 19/19 -- -- 5/5 Nil
7. SHRI SUNIL HUKUMCHAND 12/13 18/19 7/7 1/1 5/5 Nil
KOCHETA
8. SHRI SAIRAM BHASKAR 11/13 7/8 5/5 -- 2/2 Nil
MOCHERLA
9. SHRI RAJINDER KUMAR GOEL 12/13 17/17 -- 1/1 5/5 100
10. SHRI SANJAY JAIN 13/13 15/15 -- -- 4/4 200

DETAILS OF ATTENDANCE OF DIRECTORS WHOSE TERM HAS ENDED DURING 2014-2015

1. SHRI R K DUBEY 7/7 12/12 -- -- 4/4 Nil
2. SHRI ASHOK KUMAR GUPTA 5/8 8/13 4/5 -- 2/4 Nil
3. SMT MEENA HEMCHANDRA 6/11 9/20 4/8 -- -- x Nil
4. SHRI G V SAMBASIVA RAO 6/7 5/6 -- -- -- Nil
5. SHRI SUTANU SINHA 7/7 4/4 5/5 -- -- Nil

DATES OF VARIOUS MEETINGS

BOARD MANAGE- AUDIT SRC* RISK MAN- LAST EGM
MEETING MENT COMMITTEE MEETING AGEMENT ANNUAL
COMMITTEE MEETING COMMITTEE GENERAL
MEETING MEETING MEETING
28.04.14 08.04.14 05.05.14 09.03.15 28.04.14 21.07.14 27.03.15
05.05.14 28.04.14 26.05.14 14.06.14
26.05.14 14.05.14 14.06.14 26.08.14
23.06.14 26.05.14 21.07.14 27.09.14
21.07.14 14.06.14 08.09.14 30.12.14
26.08.14 23.06.14 06.11.14 24.02.15
30.09.14 07.07.14 04.02.15 19.03.15
31.10.14 01.08.14 23.02.15
06.11.14 26.08.14 23.03.15
10.01.15 13.09.14
04.02.15 18.09.14
09.03.15 27.09.14
23.03.15 15.10.14
20.11.14
05.12.14
13.12.14
24.12.14
30.12.14
16.01.15
04.02.15
24.02.15
09.03.15
25.03.15
KEY: SRC: Stakeholders Relationship Committee Meeting. NA: Not Applicable

114
mUz a
uw 2014-15 M sL lSzM M mS Emxji zsM

mS Emxji zsM
x lSzM M lq
(`)

1 e u xozu Uu (20.10.2014 iM) 85,000

2 e u qhqUl 2,60,000

3 xls WYqcS McO 3,00,000

4 xil xlW (16.10.2014 iM) 1,25,000

5 xDUq pxMU qcUs 2,00,000

6 UelSU MqU ars 2,75,000

7 xer el 2,70,000

Appendix C
SITTING FEES PAID TO DIRECTORS FOR THE YEAR 2014-15

Sitting Fees paid

Sl. No. Name of the Director
(`)

1 Shri G.V.Sambasiva Rao (up to 20.10.2014) 85,000

2 Shri G.V.Manimaran 2,60,000

3 Shri Sunil Hukumchand Kocheta 3,00,000

4 Shri Sutanu Sinha (up to 16.10.2014) 1,25,000

5 Shri Sairam Bhaskar Mocherla 2,00,000

6 Shri Rajinder Kumar Goel 2,75,000

7 Shri Sanjay Jain 2,70,000

115
 mok lSzM u qZr MrMU AkMU M bwh

oM M lSzM qQs Lu uU mokl MqM l 31.03.2015 M xqmi uw M sL

oM M AcUh xWi M Almsl MUl M m M W |

xjl : oasU
mql xW Uui
SlM : 01 el, 2015 MrmsM lSzM
(mok lSzM u qZr MrMU AkMU-AiU mpU)

DECLARATION BY MD & CEO

The Board of Directors and the Senior Management Personnel of the Bank
have afrmed conrming to the Code of Conduct of the Bank for the year
ended 31.03.2015.

PRADYUMAN SINGH RAWAT

Place : Bengaluru
EXECUTIVE DIRECTOR
Date : 01st June, 2015 (Additional Charge as MD & CEO)

116
MmUO aullx xok sZ mUM M
mqhm
xu q,
MlU oM M xSxr
Wql MlU oM U 31 qc, 2015 M xqmi uw M sL
MmUO aulx M zi M Almsl M mUh Mr W, ex M
xOM LYxce M xj E oM M xcMUh MUU ZQ 49 q
lkUi W|
MmUO aullx M zi M Almsl mokl M eqqSU W|
WqU mUh MmUO aullx M zi M Almsl xli MUl
M sL oM U Amlr ar rukr u ElM Mrlurl iM
xqi j| rW l i oM M ur uuUh M sZ mU W AU
l W Ex mU Apqi M Apur W|
oM U AlUi UMQ u msZ ij Wq mSl M aD xcl
u xmMUh M AkU mU, WqU Ur q, xOM LYxce M
xj ML aL FmU EssZi xcMUh MUU q lkUi MmUO
aullx M zi M oM l Almsl Mr W ij pUir Ueu
oM M SzlSz M Essbl lW Mr W |
Wq bwi MUi W M WikUM M xok xqi (mu q
zrUkUM/ luzM M zMri luUh xqi) U UZ aL
UMQ M AlxU oM M ZsT LM qWl x AkM Auk M
sL MD p luzM zMri soi lW W|
Wq Aa rW p bwi MUi W M Lx Almsl oM M pu
uruWri M xok q l MD Axl W AU l W uW oM M
Mr Mzsi r mpuzsi M oU q Axl W exM xj
mok i l oM M MUoU csr W|
Mi L. AU. Sx LQ LxxLOx
oas
09.05.2015
AUDITORS CERTIFICATE ON CORPORATE
GOVERNANCE
To,
The Members of Canara Bank
We have examined the compliance of conditions of
Corporate Governance by CANARA BANK for the year
ended 31st March, 2015 as stipulated in Clause 49 of
the Listing Agreement with the Stock Exchanges.
The compliance of conditions of Corporate Governance is
the responsibility of the Management. Our examination
was limited to procedures and implementation thereof,
adopted by the Bank for ensuring the compliance of
conditions of the Corporate Governance. It is neither
an audit nor an expression of opinion on the nancial
statements of the Bank.
On the basis of the records and documents maintained
by the Bank and the information and explanations given
to us, in our opinion, the Bank has complied with the
conditions of Corporate Governance as stipulated in the
above mentioned Listing Agreement to the extent these
do not violate RBI guidelines.
We state that no investor grievance is pending for
a period exceeding one month against the Bank as
per the records maintained by the Stakeholders
Relationship Committee (previously Shareholders /
Investors Grievance Committee).
We further state that such compliance is neither an
assurance as to the future viability of the Bank nor the
efciency or effectiveness with which the Management
has conducted the affairs of the Bank.
For A. R. Das & Associates
xlS sZMU Chartered Accountants
mrs ox Piyali Basu
xfSU Partner
Lq. l. 054704 Bengaluru M.No. 054704
LT AU Ll l. 306109 D 09.05.2015 FRN N0. 306109E
117
MlU oM M isl m, sp u Wl sZ
ij lMS muW uuUh
2014-2015
BALANCE SHEET, PROFIT & LOSS ACCOUNT
AND CASH FLOW STATEMENT OF CANARA BANK

118
xui sZ mUM M UmO
xu q,
pUi M Umi
ur uuUh mU UmO
1. Wql rj 31 qc 2015 M MlU oM M xsal u
uuUh M sZ mU M W elq rj 31 qc 2015 M
isl - m, io xqmi uw M sp-Wl sZ AU lMS
muW uuUh, qWiumh sZMl lir ij Alr xmMUM
elMUr (sZ xok Ommhr) zqs W | Cl u
uuUh q WqU U sZ mUi 20 zZA M, zZ
sZ mUM U sZ mUi 2671 zZA AU xjlr
sZ mUM U sZ mUi 6 uSz zZA M
uuUhr zqs M aD W | WqU U AU Alr sZ
mUM U sZ mUi zZL pUir Ueu oM U
lai qalSz M qioM oM U crli M aD W |
Cxq sZ mU lW M aD 3116 zZA M uuUhr
p zqs M W | sZmU lW M aD zZr 4.97%
Aaq, 16.39% eq, 4.18% ore Ar AU 14.54% ore
aPi MUi W |
ur uuUh M sL mokl i M EUSriu :
2. oMa ulrq Aklrq, 1949 M AlxU Cl ur uuUh
M irU MUl M sL mokl i EUSr W, exx ur
xji, ur MrlwmSl, u oM M lMS muW M pUir
Ueu oM ulrq Aklrq 1949, pUir Ueu oM M
SzlSz u pUir xlS sZMU xxjl U sa M
AlxU xW u xir fsM mxii M e xM | Cx EUSriu
q kZkQ M MUh W r O M MUh, uximUM AmMjl
x q ur uuUh M irU MUl M sL xo AiUM
lrh, m-x AU Mrlurl p xqWi Wi W |
mokl M Cx eqqSU q oM M Axir M xU ij
kZkQ UMl u luUh M sL mrmi sZMl ApsZ
M UZUZu, Eci sZMl li M crl u sa Mr
el, uuM mh Txs u Alql, u AiUM ur lrh
M mMl, Mrurl u UZUZu. zqs W e sZMl
ApsZ M mhi u xOMi xli MUi W ij ur
uuUhr M irU x xoki eZq mokl mhs e
xir u lwm fsM mxii MUi W ij kZkQ r Sw
eli Azr UWi W, e EmU uhi M AlxU oM
mokl U ur uuUh irU MUl M sL mra q sr
INDEPENDENT AUDlTORS REPORT
To,
The President of India
Report on the Financial Statements
1. We have audited the accompanying financial statements
of Canara Bank as on 31st March, 2015, which comprise
the Balance Sheet as at 31st March, 2015, Profit and
Loss Account, the Cash Flow Statement for the year then
ended, and a summary of significant accoun ng policies
and other explanatory informa on. Incorporated in
these financial statements are the returns of 20 branches
audited by us, 2671 branches audited by statutory branch
auditors and 6 foreign branches audited by local auditors
in respec ve countries. The branches audited by us and
those audited by other auditors have been selected by
the Bank in accordance with the guidelines issued to the
Bank by the Reserve Bank of India. Also incorporated in
the Balance Sheet and the Profit and Loss Account are
the returns from 3116 branches which have not been
subjected to audit. These unaudited branches account
for 4.97 per cent of advances, 16.39 per cent of deposits,
4.18 per cent of interest income and 14.54 per cent of
interest expenses.
Managements Responsibility for the Financial Statements
2. The banks management is responsible for the prepara on
of these financial statements that give a true and fair
view of the financial posi on, financial performance and
cash flows of the Bank in accordance with the Banking
Regula on Act 1949, Reserve Bank of India guidelines
and recognized accoun ng policies and prac ces,
including Accoun ng Standards issued by Ins tute of
Chartered Accountants of India (ICAI), as applicable. This
responsibility of the management includes maintenance
of adequate accoun ng records in accordance with the
provisions of applicable laws for safeguarding the assets
of the Bank and for preven ng and detec ng frauds
and other irregulari es; the selec on of and applica on
of appropriate accoun ng policies; making judgments
and es mates that are prudent; and the design,
implementa on and maintenance of internal financial
controls, that were opera ng eec vely for ensuring
the accuracy and completeness of the accoun ng
records, and risk management systems relevant to the
prepara on and presenta on of the financial statements
that give a true and fair view and free from material
misstatement, whether due to fraud or error, which have
been used for the purpose of prepara on of Financial
Statements by the management of the Bank, as aforesaid.
119
 ar W | ux eZq qsrMl M xqr mokl l El AiUM
lrh M Mrui Mr W e ur uuUh M lqh
x xoki W ij mUxjir M AlMs mr lqi M
W exx oM M xp rMsm M sL AiUM lrh
mpu W |
sZ mUM M EUSriu :
3. WqU sZ mU M AkU mU Cl ur uuUh mU ucU
ur MUl WqU EUSriu W | Wql pUir xlS sZMU
xxjl U lai sZ mU qlM M AlxU sZ mU
Arei M | r qlM rW Am MUi W M Wq liM
AmA M Almsl MUi WL, relo iUM x sZ
mU Arei MU iM u uuUh M mUmr q xai
Axl mmi W xM M u uximUM AmMjl q W |
4. sZ mU q ur uuUh q Uzr AU mMOl M oU
q sZ mU xr mmi MUl M mrA M Amll
Wi W | cl aD mrL sZ mUM M lrr-lhr mU
lpU MUi W exq kZkQ M MUh W r O M ur
uuUh q uximUM AmMjl M ere sl M eZq
p UWi W | Cl eZq M ere sl q mUxjir M
AlMs sZ mU mrL AiUM lrh M krl q
UZi W | sZ mU q mr sZ lir M xqcii
mokl i U Mr ar sZ Alql M Acir M xj-
xj u uuUh M xqc mxiiMUh M qsrMl Mr
el p zqs Wi W |
5. sZ mU mU WqU ucU ur MUl M sL Wql e
xr LMi Mr W uW mrmi AU xqci W - rW WqU
ux W |
WqU ucU
6. WqU ucU q, oM oWr q SZL aL M AlxU AU WqU
elMU ij Wq Sr ar xmMUh M AlxU :-
(i) sZ lir AU El mU M aD Ommhr M xj mPi
isl - m xmh AU xai isl - m W exq xU
AuzrM uuUh xW iUM x irU ML aL W iM pUi
q xqlrir xuMr sZ-xi M AlxU rj 31 qc
2015 M oM M uruWU M xW AU Eci c Szr e
xM; ij
In making those risk assessments, the management has
implemented such internal controls that are relevant to
the prepara on of the financial statement and designed
procedures that are appropriate in the circumstances so
that the internal control with regard to all the ac vi es of
the Bank is eec ve.
Auditors Responsibility
3. Our responsibility is to express an opinion on these
financial statements based on our audit. We conducted
our audit in accordance with the Standards on Audi ng
issued by the Ins tute of Chartered Accountants of
India. Those standards require that we comply with
ethical requirements and plan and perform the audit to
obtain reasonable assurance about whether the financial
statements are free from material misstatement.
4. An audit involves performing procedures to obtain audit
evidence about the amounts and disclosures in the
financial statements. The procedures selected depend
on the auditors judgment, including the assessment
of the risks of material misstatement of the financial
statements, whether due to fraud or error. In making
those risk assessments, the auditor considers internal
control relevant to the Banks prepara on and fair
presenta on of the financial statements in order to
design audit procedures that are appropriate in the
circumstances, but not for the purpose of expressing an
opinion on eec veness of the en tys internal control.
An audit also includes evalua ng the appropriateness
of accoun ng policies used and the reasonableness of
the accoun ng es mates made by management, as well
as evalua ng the overall presenta on of the financial
statements.
5. We believe that the audit evidence we have obtained is
sucient and appropriate to provide a basis for our audit
opinion.
Opinion
6. In our opinion, as shown by the books of the Bank, and
to the best of our informa on and according to the
explana ons given to us:
I. the Balance sheet, read with the significant accoun ng
policies and the notes thereon is a full and fair Balance
Sheet containing all the necessary par culars, is properly
drawn up so as to exhibit a true and fair view of state of
aairs of the Bank as at 31st March, 2015 in conformity
with accoun ng principles generally accepted in India;
120
(ii) sZ lir AU El mU M aD Ommhr M xj mPi
sp - Wl sZ, ExM U muUi uw M sL pUi q
xqlrir xuMr sZ-xi M AlxU sp M xW
xisl Szi W |
II. the Profit and Loss Account, read with the significant
accoun ng policies and the notes thereon shows a true
balance of profit, in conformity with accoun ng principles
generally accepted in India, for the year covered by the
account; and

(iii) lMS muW uuUh Ex iUZ M xqmi uw M sL lMS
muW M xW AU Eci c Szi W |
krl Sl rar oi
7. Wq Alxc 18: q lqlsZi M xok q 'sZ mU lOx'
M AU krl AM MUi W:
i. lO 16, e pUir Ueu oM M m SlMi 27 el 2014
U Alqi M AlxU, Uexu AUi lk x LMoUa
Emr M iU mU miri: mNs Auk LTADOLs M sZ
mU uuk SriL (ore meMUh) eq MUi xqr uuUh
mSl MUi W |
ii. lO 6.17 (L), (o) e pUir Ueu oM M mUm SlMi 9
TUuU 2011 U Alqi M AlxU mzl u EmSl SriA
M mUzkl M xok q uw M SUl mWcl u xqrel M
uuUh mSl MUi W |
iii. lO 6.20, e pUir Ueu oM M m SlMi 15 qD 2015
U Alqi M AlxU Mimr aU-lwmSl us Aaq M
sL 801.07 MUQ M pMsM mukl M uuUh mSl
MUi W |
E qqs M xok q WqU Ur rar lW W |
Alr ukM u ulrqM AuzrMiA mU UmO :
8. isl m AU sp-Wl sZ qz oMa ulrq Aklrq,
1949 M ixU Alxc M mm 'M' u 'Z' q irU Mr
ar W |
9. EmU mU 1 x 5 q xci sZ ec M xqA M
Akl ij oMa Mmlr (Emq M AiUh AkaWh)
Aklrq 1970/1980 ij Elq lWi mMOl M xqA
M AuzrMi M AlxU Wq lqlui UmO MUi W:
M) Wql Aml xuq elMU u ux q WqU sZ ec
M Ezr x AuzrM xp xclL u urZrL mmi M W
ij ElW xiwelM mr W |
III. the Cash Flow Statement gives a true and fair view of the
cash flows for the year ended on that date.
Emphasis of Matter
7. We draw a en on to the Schedule 18: Notes to
Accounts regarding:
I. Note 6.19 to the financial statement, which provide
details of credi ng Sundry Liability(Interest Capitalisa on)
on account of past period FITL directly from the Revenue
Reserve as a one me measure, as permi ed by Reserve
Bank of India vide their le er dated June 27, 2014.
II. Note 6.17 (a) and (b) to the financial statements, which
provide details of iden fica on and adjustment during
the year regarding amor za on of pension and gratuity
liability as permi ed by Reserve Bank of India vide their
circular dated February 9, 2011.
III. Note 6.20 to the financial statements, which provide
details of staggering of provision of Rs.801.07 crores
for certain non-performing advances as permi ed
by Reserve Bank of India vide their le er dated
May 15, 2015.
Our opinion is not qualified in respect of the above stated
ma ers.
Report on Other Legal and Regulatory Requirements
8. The Balance Sheet and the Profit and Loss Account have
been drawn up in Forms A and B respec vely of the
Third Schedule to the Banking Regula on Act, 1949.
9. Subject to the limita ons of the audit indicated in
paragraph 1 to 5 above and as required by the Banking
Companies (Acquisi on and Transfer of Undertakings)
Act, 1970/1980 and a subject also to the limita ons of
disclosure required therein, we report that;
a) We have obtained all the informa on and explana ons
which to the best of our knowledge and belief, were
necessary for the purposes of our audit and have found
them to be sa sfactory;

Z) oM M slSl, e WqU xcl q W, oM M zr M
piU W |
a) WqU oM M Mrsr u zZA x mmi uuUhr WqU
sZ ec M Ezr x mrmi mD aD W |
b) The transac ons of the Bank, which have come to our
no ce have been within the powers of the Bank;
c) The returns received from the oces and branches of
the Bank have been found adequate for the purposes of
our audit;

121
10) WqU ucU x isl - m, sp - Wl Zi u lMS muW 10) In our opinion, the Balance Sheet, Profit and Loss Account
sa sZMl qlM M Almsl q W | and Cash Flow Statement comply with the applicable
accoun ng Standards.

Mi m cmQ LhQ Mi L AU Sx LhQ Mi Lx x uxSu For P. Chopra & Co. For A.R. Das & Associates For S. C. Vasudeva & Co.
Mml LxxLOx LhQ Mml Chartered Accountants Chartered Accountants Chartered Accountants
xlS sZMU xlS sZMU xlS sZMU FRN : 004957N FRN : 306109E FRN : 000235N
Tq meMUh xZr : Tq meMUh xZr : Tq meMUh xZr :
004957Ll 306109D 000235Ll

(UMz el) zrqs MqU lrM (Azw Aaus) (Rakesh Jain) (Syamal Kumar Nayak) (Ashish Agarwal)
xfSU xfSU xfSU Partner Partner Partner
xSxri xZr : xSxri xZr : xSxri xZr : Membership No. Membership Membership
087925 051353 093790 087925 No.051353 No.093790

For Vinay Kumar & Co. For Ram Raj & Co. For V K Niranjan & Co.
Mi ulr MqU LhQ M Mi Uq Ue LQ M Mi u M lUel
Chartered Accountants Chartered Accountants Chartered Accountants
xlS sZMU xlS sZMU LQ M
FRN : 000719C FRN : 002839S FRN : 002468S
Tq meMUh xZr : Tq meMUh xZr : xlS sZMU
000719x 002839Lx Tq meMUh xZr :
002468Lx

(Vinay Kumar Agrawal) (K Siva Subramanya Prasad) (Niranjan V K)

(ulr MqU Aaus) (M xu xoqhr mxS) (lUel u M)
Partner Partner Partner
xfSU xfSU xfSU
Membership Membership Membership
xSxri xZr : xSxri xZr : xSxri xZr :
No.013795 No.024456 No.021432
013795 024456 021432

xjl : oas Place: Bengaluru

SlM: 25 qD 2015 Date: 25th May, 2015

122
 rj 31 qc, 2015 M isl m
BALANCE SHEET AS AT 31ST MARCH 2015
Alxc rj 31.03.2015 M rj 31.03.2014 M
Schedule As at 31.03.2015 As at 31.03.2014
(` 000) (` 000)
me AU SriL / CAPITAL AND LIABILITIES
me / CAPITAL 1 475 19 70 461 25 88
AUi lkr AU Akzw / RESERVES AND SURPLUS 2 31384 03 55 29158 85 44
eq / DEPOSITS 3 473840 10 31 420722 81 82
EkU / BORROWINGS 4 25671 56 75 27230 63 66
Alr SriL ij mukl / OTHER LIABILITIES AND PROVISIONS 5 16629 66 17 14348 28 63

eQ / TOTAL 548000 56 48 491921 85 43

Axir / ASSETS
pUir Ueu oM q lMS AU zw
CASH & BALANCES WITH RESERVE BANK OF INDIA 6 21971 95 41 22153 78 08
oM q zw AU qa u Asm xcl mU miSr Uz
BALANCES WITH BANKS AND MONEY AT CALL
AND SHORT NOTICE 7 26669 14 03 22674 92 99
luz / INVESTMENTS 8 145346 18 40 126828 25 50
Aaq / ADVANCES 9 330035 51 45 301067 47 88
xjU Axir / FIXED ASSETS 10 6949 44 73 6641 56 23
Alr Axir / OTHER ASSETS 11 17028 32 46 12555 84 75

eQ / TOTAL 548000 56 48 491921 85 43

AMxqM SriL / CONTINGENT LIABILITIES 12 275355 21 88 223051 44 98

uxs M sL os / BILLS FOR COLLECTION 21903 47 31 16268 91 63
sZMl lir / ACCOUNTING POLICIES 17
sZ xok Ommhr / NOTES ON ACCOUNTS 18

Lq xuqljl u xMqU Ll xuzMUl Ll xsuUel WUSz MqU o

qQs mokM qQs mokM Em qW mokM qW mokM MrmsM lSzM
mql xW Uui Eq zMU e u qhqUl xls WYqcS McO qcUs xDUq pxMU
MrmsM lSzM (mok lSzM u qZr lSzM lSzM lSzM lSzM
MrMU AkMU - AiU mpU)
UelSU MqU ars xer el
lSzM lSzM

xqxZrM ij M WqU UmO M AlxU

Mi Mi Mi Mi Mi Mi
m cmQ LhQ M. L AU Sx LhQ LxxLOx Lx x uxSu LhQ M. ulr MqU LhQ M Uq Ue LhQ M u M lUel LhQ M
xlS sZMU xlS sZMU xlS sZMU xlS sZMU xlS sZMU xlS sZMU

UMz el zrqs MqU lrM Azz Aaus ulr MqU Aaus M zu xoqhr mxS lUel u M
xfSU xfSU xfSU xfSU xfSU xfSU
oas
25 qD, 2015

123
 rj 31 qc, 2015 M xqmi uw M sp u Wl Zi
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2015
Alxc rj 31.03.2015 M rj 31.03.2014 M
Schedule xqmi uw xqmi uw
For the Year ended For the Year ended
31.03.2015 31.03.2014
(` 000) (` 000)
I. Ar / I. INCOME
Aei ore / INTEREST EARNED 13 43750 04 26 39547 61 18
Alr Ar / OTHER INCOME 14 4550 25 03 3932 75 62
eQ / TOTAL 48300 29 29 43480 36 80

II. urr / II. EXPENDITURE

urr Mr ar ore / INTEREST EXPENDED 15 34086 37 44 30603 16 54
mUcsl urr / OPERATING EXPENSES 16 7263 55 13 6081 01 03
mukl AU AMxqM urr /
PROVISIONS AND CONTINGENCIES 4247 74 30 4357 99 77
eQ / TOTAL 45597 66 87 41042 17 34
III. uw M lus sp / III. NET PROFIT FOR THE YEAR 2702 62 42 2438 19 46

IV. ulrel / APPROPRIATIONS

lqlMi M AiUh / TRANSFERS TO
xukM AUi lkr / STATUTORY RESERVES 680 00 00 650 00 00
me AUi lkr / CAPITAL RESERVES 122 40 00 87 50 00
luz AUi lk Zi / INVESTMENT RESERVE ACCOUNT 360 80 00 -
Uexu AUi lk / REVENUE RESERVE 387 69 62 1107 07 99
uzw AUi lkr / SPECIAL RESERVE 500 00 00 -
AiUq spz / INTERIM DIVIDEND - 299 81 95
mxiui spz / PROPOSED DIVIDEND 540 96 68 207 56 52
spz MU / DIVIDEND TAX 110 76 12 86 23 00
eQ / TOTAL 2702 62 42 2438 19 46
sZMl lir / ACCOUNTING POLICIES 17
sZ xok Ommhr / NOTES ON ACCOUNTS 18
mi zrU Ael (qs u ilMi) / EARNINGS PER SHARE
(BASIC AND DILUTED) (` q / in `) 58.59 54. 48

M SWAMINATHAN V SUKUMAR N SIVASANKARAN N SELVARAJAN HARIDEESH KUMAR B

DIVISIONAL MANAGER DIVISIONAL MANAGER DEPUTY GENERAL MANAGER GENERAL MANAGER EXECUTIVE DIRECTOR
P S RAWAT UMA SHANKAR G V MANIMARAN SUNIL HUKUMCHAND MOCHERLA SAIRAM
EXECUTIVE DIRECTOR DIRECTOR DIRECTOR KOCHETA BHASKAR
(ADDITIONAL CHARGE OF MD & CEO) DIRECTOR DIRECTOR

RAJINDER KUMAR GOEL SANJAY JAIN

DIRECTOR DIRECTOR

AS PER OUR REPORT OF EVEN DATE

For For For For For For
P CHOPRA & Co. A R DAS & ASSOCIATES S C VASUDEVA & Co. VINAY KUMAR & Co. RAM RAJ & Co. V K NIRANJAN & Co.
Chartered Accountants Chartered Accountants Chartered Accountants Chartered Accountants Chartered Accountants Chartered Accountants

RAKESH JAIN SYAMAL KUMAR NAYAK ASHISH AGARWAL VINAY KUMAR K SIVA SUBRAMANYA NIRANJAN V K
Partner Partner Partner AGRAWAL PRASAD Partner
Partner Partner
Bengaluru
MAY 25,2015

124
 rj 31 qc, 2015 M isl m M Az ollus Alxcr
SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT 31ST MARCH 2015
rj 31.03.2015 M rj 31.03.2014 M
As at 31.03.2015 As at 31.03.2014
(` 000) (` 000)
Alxc 1 - me / SCHEDULE 1 - CAPITAL
I. mkMi me / AUTHORISED CAPITAL 3000 00 00 3000 00 00
(mi zrU `10/ M 300,00,00,000 DYuO zrU /
(300,00,00,000 EQUITY SHARES OF `10/- EACH)
II. laqi, ApS AU mS / ISSUED, SUBSCRIBED AND PAID UP:
i) MS xUMU U kUi mi zrU `10/- M 33,21,96,971 DYuO zrU |
mNs uw `10/- M 31,82,58,837 DYuO zrU
i) 33,21,96,971 EQUITY SHARES OF RS.10/- EACH PREVIOUS YEAR 31,82,58,837
EQUITY SHARE OF `10/- EACH HELD BY CENTRAL GOVERNMENT 332 19 70 318 25 88
ii) Alr U kUi mi zrU `10/- M 14,30,00,000 DYuO zrU
ii) 14,30,00,000 EQUITY SHARES OF `10/- EACH HELD BY OTHERS 143 00 00 143 00 00
475 19 70 461 25 88
Alxc 2 - AUi lkr ij Akzw / SCHEDULE 2 - RESERVES AND SURPLUS
I. xukM AUi lkr / STATUTORY RESERVE
(oMa ulrq 1949 M kU 17 M AlxU AUi lk)
(RESERVE FUND IN TERMS OF SECTION 17 OF THE BANKING
REGULATION ACT, 1949)
Ajzw / OPENING BALANCE 7303 00 00 6653 00 00
uw M SUl mUukl / ADDITIONS DURING THE YEAR 680 00 00 650 00 00
eQ / TOTAL 7983 00 00 7303 00 00

II. me AUi lkr / CAPITAL RESERVE

M. mlqsrMl AUi lkr / a. REVALUATION RESERVE
Ajzw / OPENING BALANCE 5498 25 33 2033 24 03
eQ: uw M SUl mlqsrMl / ADD : REVALUATION DURING THE YEAR - 3569 47 57
5498 25 33 5602 71 60
bOr: sp u Wl Zi M AiUh / xqrel
LESS : ADJUSTMENTS / TRANSFER TO PROFIT AND LOSS ACCOUNT 92 40 25 104 46 27
eQ / TOTAL 5405 85 08 5498 25 33

Z. uSz qS mUuil AUi lkr / b. FOREIGN CURRENCY

TRANSLATION RESERVE
Ajzw / OPENING BALANCE 221 67 98 99 29 84
eQ: uw M SUl mUukl / ADDITIONS DURING THE YEAR - 122 38 14
bOr: uw M SUl MOir / LESS: DEDUCTIONS DURING THE YEAR 25 05 95
eQ / TOTAL 196 62 03 221 67 98

a. Alr / c. OTHERS
Ajzw / OPENING BALANCE 1356 27 07 1268 77 07
eQ: uw M SUl mUukl / ADDITIONS DURING THE YEAR 122 40 00 87 50 00
eQ / TOTAL 1478 67 07 1356 27 07

125
 rj 31 qc, 2015 M isl m M Az ollus Alxcr
SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT 31ST MARCH 2015
rj 31.03.2015 M rj 31.03.2014 M
As at 31.03.2015 As at 31.03.2014
(` 000) (` 000)
III zrU mqrq / SHARE PREMIUM :
Ajzw / OPENING BALANCE 2716 94 12 2235 20 00
uw M SUl mmi / RECEIVED DURING THE YEAR 556 06 19 481 74 12
eQ / TOTAL 3273 00 31 2716 94 12

IV Uexu AU Alr AUi lkr / REVENUE AND OTHER RESERVES

M Uexu AUi lkr / a. REVENUE RESERVE
Ajzw / OPENING BALANCE 8357 70 94 8440 27 95
uw M SUl mUukl / ADDITIONS DURING THE YEAR 387 69 62 1107 07 99
uzw AUi lkr x AiUi / TRANSFERRED FROM SPECIAL RESERVE
8745 40 56 9547 35 94
bOr: uw M SUl MOir / LESS: DEDUCTIONS DURING THE YEAR 264 31 50 1189 65 00
eQ / TOTAL 8481 09 06 8357 70 94

Z uzw AUi lkr / b. SPECIAL RESERVE

{ArMU Aklrq 1961 M kU 36 (1) (VIII) M AlxU}
{IN TERMS OF SECTION 36 (1)(VIII) OF THE INCOME TAX ACT, 1961}

Ajzw / OPENING BALANCE 3500 00 00 3500 00 00

uw M SUl mUukl/ ADDITIONS DURING THE YEAR 500 00 00 -
eQ / TOTAL 4000 00 00 3500 00 00

a luz AUi lk Zi / c. INVESTMENT RESERVE ACCOUNT

Ajzw / OPENING BALANCE 205 00 00 205 00 00
uw M SUl mUukl / ADDITIONS DURING THE YEAR 360 80 00 -
565 80 00 205 00 00
bOr: uw M SUl MOir / LESS: DEDUCTIONS DURING THE YEAR - -
eQ / TOTAL 565 80 00 205 00 00

b sp u Wl Zi q zw / d. BALANCE IN PROFIT & LOSS ACCOUNT - -

eQ / TOTAL 31384 03 55 29158 85 44

126
 rj 31 qc, 2015 M isl m M Az ollus Alxcr
SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT 31ST MARCH 2015
rj 31.03.2015 M rj 31.03.2014 M
As at 31.03.2015 As at 31.03.2014
(` 000) (` 000)
Alxc 3 - eq / SCHEDULE 3 - DEPOSITS
M. I. qa eq / A.I. DEMAND DEPOSITS
M

i. oM x / FROM BANKS 1042 08 10 888 36 61

ii. Alr x / FROM OTHERS 18803 83 00 16855 42 27
eQ / Total 19845 91 10 17743 78 88

II. oci oM eq / SAVINGS BANK DEPOSITS 93686 33 32 85535 60 57

eQ / Total 93686 33 32 85535 60 57

III. xuk eq / TERM DEPOSITS

i. oM x / FROM BANKS 28153 78 66 19060 88 04
ii. Alr x / FROM OTHERS 332154 07 23 298382 54 33
eQ / Total 360307 85 89 317443 42 37
eQ / Total 473840 10 31 420722 81 82

B. zZA M eq / DEPOSITS OF BRANCHES

i. pUi q / IN INDIA 444702 00 45 398852 91 65
ii. pUi M oWU / OUTSIDE INDIA 29138 09 86 21869 90 17
eQ / Total 473840 10 31 420722 81 82

Alxc 4 - EkU / SCHEDULE 4 - BORROWINGS

I. pUi q EkU / BORROWINGS IN INDIA
i. pUir Ueu oM / i. RESERVE BANK OF INDIA - -
ii. Alr oM / ii. OTHER BANKS 131 25 00 -
iii. Alr xxjL ij Lexr / iii. OTHER INSTITUTIONS AND AGENCIES 1915 69 68 5128 71 54
iv. Amipi miSr oQ / iv. UNSECURED REDEEMABLE BONDS
(ADmQAD AU ah Gh) / (IPDI AND SUB-ORDINATED DEBT) 10514 60 00 9778 10 00
eQ / Total 12561 54 68 14906 81 54

II. pUi M oWU EkU / BORROWINGS OUTSIDE INDIA

i. Alr oM / i. OTHER BANKS 11547 49 96 10825 93 82
ii. Amipi miSr oQ / ii. UNSECURED REDEEMABLE BONDS
(ah Gh) (SUB-ORDINATED DEBT) 1562 52 11 1497 88 30
eQ / Total 13110 02 07 12323 82 12
eQ / Total 25671 56 75 27230 63 66

127
 rj 31 qc, 2015 M isl m M Az ollus Alxcr
SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT 31ST MARCH 2015
rj 31.03.2015 M rj 31.03.2014 M
As at 31.03.2015 As at 31.03.2014
(` 000) (` 000)
Alxc 5 - Alr SriL AU mukl / SCHEDULE 5 - OTHER LIABILITIES & PROVISIONS
I. Sr os / I. BILLS PAYABLE 1020 71 10 1174 10 14
II. AiU Mrsr xqrel (lus) / II. INTER OFFICE ADJUSTMENT (NET) 306 21 01 218 47 77
III. Emci ore / III. INTEREST ACCRUED 1711 54 72 1471 13 36
IV. Axjai MU SriL / IV. DEFERRED TAX LIABILITY 1406 83 00 1760 50 00
V. Alr (mukl xWi) / V. OTHERS (INCLUDING PROVISIONS) 12184 36 34 9724 07 36
eQ / TOTAL 16629 66 17 14348 28 63

Alxc 6 - pUir Ueu oM q lMS AU zw /

SCHEDULE 6 - CASH AND BALANCES WITH RESERVE BANK OF INDIA
I. UMQ zw / I. CASH IN HAND 1850 63 10 1140 51 29
(uSz qS lO xWi) / (INCLUDING FOREIGN CURRENCY NOTES)
II pUir Ueu oM q zw / BALANCES WITH RESERVE BANK OF INDIA
cs Zi q / IN CURRENT ACCOUNT 20121 32 31 21013 26 79
Alr Zi q / IN OTHER ACCOUNTS - -
eQ / TOTAL 20121 32 31 21013 26 79
eQ / TOTAL 21971 95 41 22153 78 08

Alxc 7 - oM q zw ij qa u Asm xcl mU miSr Uz/

SCHEDULE 7 - BALANCES WITH BANKS AND MONEY AT CALL AND SHORT
NOTICE
I. pUi q / I. IN INDIA
i. oM q zw / i. BALANCE WITH BANKS
M . cs Zi q / a. IN CURRENT ACCOUNTS 38 02 99 163 07 73
Z. Alr eq Zi q / b. IN OTHER DEPOSIT ACCOUNTS - -
eQ / TOTAL 38 02 99 163 07 73

ii. qa u Asm xcl mU miSr Uz / ii. MONEY AT CALL AND SHORT NOTICE
M. oM q / a. WITH BANKS - -
Z. Alr xxjA q / b. WITH OTHER INSTITUTIONS - -
eQ / TOTAL - -
eQ / TOTAL 38 02 99 163 07 73

II. pUi x oWU / II. OUTSIDE INDIA

i. cs Zi q / i. IN CURRENT ACCOUNTS 4518 27 69 5406 24 25
ii. Alr eq Zi q / ii. IN OTHER DEPOSIT ACCOUNTS 21592 29 23 15104 44 91
iii. qa u Asm xcl mU miSr Uz / iii. MONEY AT CALL AND SHORT NOTICE 520 54 12 2001 16 10
eQ / TOTAL 26631 11 04 22511 85 26
eQ / TOTAL 26669 14 03 22674 92 99

128
 rj 31 qc, 2015 M isl m M Az ollus Alxcr
SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT 31ST MARCH 2015
rj 31.03.2015 M rj 31.03.2014 M
As at 31.03.2015 As at 31.03.2014
(` 000) (` 000)
Alxc 8 - luz / SCHEDULE 8 - INVESTMENTS
I. pUi q luz: xMs
I. INVESTMENTS IN INDIA: GROSS 144518 69 04 126779 65 35
bOr: qsrx u Ll m AD M sL mukl
LESS: PROVISION FOR DEPRECIATION AND NPI 109 06 10 805 85 71
pUi q lus luz / NET INVESTMENT IN INDIA 144409 62 94 125973 79 64
i. xUMU mipir /
i. GOVERNMENT SECURITIES 125529 28 48 107592 82 59
ii. Alr AlqSi mipir /
ii. OTHER APPROVED SECURITIES 1 49 87 1 49 87
iii zrU /
iii SHARES 1722 35 66 1549 14 09
iv. QocU AU ohQ /
iv. DEBENTURES AND BONDS 7278 65 77 8407 94 82
v. Alwar AU/r xr Eq /
v. SUBSIDIARIES AND/OR JOINT VENTURES 796 06 80 665 99 72
vi. Alr /
vi. OTHERS 9081 76 36 7756 38 55
eQ / Total 144409 62 94 125973 79 64
mUmYui M sL kUi / HELD TO MATURITY 103118 72 50 85242 12 28
o M sL Emsok / AVAILABLE FOR SALE 40343 46 21 40574 80 13
urmU M sL kUi / HELD FOR TRADING 947 44 23 156 87 23
eQ / Total 144409 62 94 125973 79 64
II. pUi M oWU luz- xMs /
INVESTMENTS OUTSIDE INDIA - GROSS 936 55 46 896 51 68
bOr: qsrx u Ll m AD MsL mukl /
LESS: PROVISION FOR DEPRECIATION - 42 05 82
pUi M oWU lus luz /
NET INVESTMENTS OUTSIDE INDIA 936 55 46 854 45 86
i. xUMU mipir / GOVERNMENT SECURITIES
(xjlr mkMUh xWi) /
INCLUDING LOCAL AUTHORITIES) -- --
ii. Alwar AU/ r xr Eq /
SUBSIDIARIES AND/OR JOINT VENTURES 73 22 11 73 22 11
iii. Alr luz / OTHER INVESTMENTS 863 33 35 781 23 75
eQ / Total 936 55 46 854 45 86
mUmYui M sL kUi / HELD TO MATURITY 98 75 46 77 79 34
o M sL Emsok / AVAILABLE FOR SALE 837 80 00 776 66 52
urmU M sL kUi / HELD FOR TRADING -- --
eQ / Total 936 55 46 854 45 86
eQ / Total 145346 18 40 126828 25 50

129
 rj 31 qc, 2015 M isl m M Az ollus Alxcr
SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT 31ST MARCH 2015
rj 31.03.2015 M rj 31.03.2014 M
As at 31.03.2015 As at 31.03.2014
(` 000) (` 000)
Alxc 9 - Aaq / SCHEDULE 9 - ADVANCES
M. i.
M ZUS ar ij o mU plL ar os /
A. i. BILLS PURCHASED & DISCOUNTED 10644 88 62 10172 54 20
ii. UMQ EkU, AuU QnO AU qa mU Gh M cMi /
ii. CASH CREDITS, OVERDRAFTS AND LOANS REPAYABLE ON DEMAND 130964 98 18 117083 79 43
iii. qrS Gh / iii. TERM LOANS 188425 64 65 173811 14 25
eQ / Total 330035 51 45 301067 47 88

Z. i. qi Axir U mipi / B. i. SECURED BY TANGIBLE ASSETS

(oW Gh xWi / INCLUDING BOOK DEBTS) 263935 17 80 242130 83 43
ii. oM/ xUMU aUOr U muUi /
ii. COVERED BY BANK / GOVT. GUARANTEES 9364 08 69 9933 90 69
iii. Amipi / iii. UNSECURED 56736 24 96 49002 73 76
eQ / Total 330035 51 45 301067 47 88

a. I.
a pUi q Aaq / C. I. ADVANCES IN INDIA
i. mjqMi / i. PRIORITY SECTOR 106928 90 32 96652 16 40
ii. xuelM / ii. PUBLIC SECTOR 31624 64 14 31777 93 93
iii. oM / iii. BANKS 2 49 69 37 75 12
iv. Alr / iv. OTHERS 168786 72 14 153375 62 85
eQ / Total 307342 76 29 281843 48 30

II. pUi x oWU Aaq / II. ADVANCES OUTSIDE INDIA

oM M Asu Alr x oMr)
(o oMr (DUE FROM OTHER THAN BANKS)
i. ZUS ar ij o mU plL ar os /
i. BILLS PURCHASED AND DISCOUNTED 3435 05 61 1507 34 83
ii. qrS / xqWl Gh
ii. TERM / SYNDICATED LOANS 9354 61 82 8444 87 26
iii. Alr / OTHERS 9903 07 73 9271 77 49
eQ / Total 22692 75 16 19223 99 58
eQ / Total 330035 51 45 301067 47 88

130
 rj 31 qc, 2015 M isl m M Az ollus Alxcr
SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT 31ST MARCH 2015
rj 31.03.2015 M rj 31.03.2014 M
As at 31.03.2015 As at 31.03.2014
(` 000) (` 000)
Alxc 10
10-- Acs Axir / SCHEDULE 10 - FIXED ASSETS
I. mUxU / I. PREMISES
sai mU / mNs isl m M AlxU qsrMl /
AT COST / VALUATION AS PER LAST
BALANCE SHEET 6591 34 99 2919 01 71
uw M SUl mUukl / ADDITIONS DURING THE YEAR 58 29 78 104 68 51
6649 64 77 3023 70 22
uw M SUl mlqsrMl /
REVALUATIONS MADE DURING THE YEAR - 3569 47 57
6649 64 77 6593 17 79
uw M SUl MOir / DEDUCTIONS DURING THE YEAR 66 93 1 82 80
6648 97 84 6591 34 99
Ail qsrx / DEPRECIATION TO DATE 697 97 11 594 69 99
5951 00 73 5996 65 00
II. Alr Acs Axir / II. OTHER FIXED ASSETS
(TlcU AU eQlU xWi /
INCLUDING FURNITURE & FIXTURES)
mNs islm M AlxU sai mU /
AT COST AS PER LAST BALANCE SHEET 2385 81 67 1996 36 77
uw M SUl mUukl /
ADDITIONS DURING THE YEAR 779 98 38 442 46 81
3165 80 05 2438 83 58
uw M SUl MOir / DEDUCTIONS DURING THE YEAR 92 34 78 53 01 91
3073 45 27 2385 81 67
Ail qsrx / DEPRECIATION TO DATE 2077 20 27 1743 09 44
996 25 00 642 72 23
III. mai Axir / III. LEASED ASSETS
mNs islm M AlxU sai mU /
AT COST AS PER LAST BALANCE SHEET 75 26 84 81 14 04
uw M SUl mUukl / ADDITIONS DURING THE YEAR - -
75 26 84 81 14 04
uw M SUl MOir / DEDUCTIONS DURING THE YEAR - 5 87 20
75 26 84 75 26 84
Ail qsrx / DEPRECIATION TO DATE 70 57 07 69 76 11
4 69 77 5 50 73
bOL: mSU Aiq xqrel sZ
LESS: LEASE TERMINAL ADJUSTMENT ACCOUNT 2 50 77 3 31 73
2 19 00 2 19 00
eQ (I, II AU III) / Total (I, II and III) 6949 44 73 6641 56 23

131
 rj 31 qc, 2015 M isl m M Az ollus Alxcr
SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT 31ST MARCH 2015
rj 31.03.2015 M rj 31.03.2014 M
As at 31.03.2015 As at 31.03.2014
(` 000) (` 000)
Alxc 11 - Alr Axir / SCHEDULE 11 - OTHER ASSETS
I. Emci ore / I. INTEREST ACCRUED 4450 75 55 4153 25 62
II. Aaq m q mS MU/ xi mU MU MOi (lus)/
II. TAX PAID IN ADVANCE/TAX DEDUCTED AT
SOURCE (NET) 6071 04 67 4038 94 36
III. sZl xqa u xOqm / III. STATIONERY AND STAMPS 11 58 88 11 68 35
IV. Su M xi q mmi M aD aU oMa Axir
IV. NON BANKING ASSETS ACQUIRED IN
SATISFACTION OF CLAIMS 32 13 33 09
V. Alr / V. OTHERS 6494 61 23 4351 63 33
eQ / TOTAL 17028 32 46 12555 84 75
Alxc 12 - AMxqM SriL /
SCHEDULE 12 - CONTINGENT LIABILITIES
I. oM M u Su elW Gh M m q xuMU lW Mr
ar W / I. CLAIMS AGAINST THE BANK NOT
ACKNOWLEDGED AS DEBTS 8744 39 85 8015 15 49
II. Azi: mS luz Wi SriL / II. LIABILITY FOR
PARTLY PAID INVESTMENTS 36 00 25 36 00
III. oMr urS ulqr xuSA M MUh SriL /
III. LIABILITY ON ACCOUNT OF OUTSTANDING
FORWARD EXCHANGE CONTRACTS 207080 71 69 158715 01 00
IV. xbOM M AU x S aD aUOr /
IV. GUARANTEES GIVEN ON BEHALF OF CONSTITUENTS
M. pUi q / a. IN INDIA 39353 06 07 35822 84 52
Z. pUi x oWU / b. OUTSIDE INDIA 98 31 86 44 98 42
39451 37 93 35867 82 94
V. xuMir, mMl AU Alr okriL /
V. ACCEPTANCES, ENDORSEMENTS AND
OTHER OBLIGATIONS 18578 35 95 19813 70 43
VI. Alr qS elM sL oM xqi m x
EUSr W / VI. OTHER ITEMS FOR WHICH THE
BANK IS CONTINGENTLY LIABLE
M. ml: plL ar ulqr os /
a. BILLS OF EXCHANGE REDISCOUNTED - --
Z. Alr / b. OTHERS 1500 00 46 614 39 12
1500 00 46 614 39 12

eQ / TOTAL 275355 21 88 223051 44 98

132
 rj 31 qc, 2015 M sp u Wl Zi M Av oll us Alxcr
SCHEDULES FORMING PART OF THE PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2015
rj 31.03.2015 M rj 31.03.2014 M
As at 31.03.2015 As at 31.03.2014
(` 000) (` 000)
Alxc 13 - Aei ore / SCHEDULE 13 - INTEREST EARNED
I. Aaq/os mU ore / MOi / I. INTEREST /
DISCOUNT ON ADVANCES / BILLS 32066 12 17 28457 32 65
II. luz mU Ar / II. INCOME ON INVESTMENTS 10923 75 29 10251 07 96
III. pUir Ueu oM q zwUz AU AiU oM lkr mU
ore / III. INTEREST ON BALANCES WITH RBI AND
OTHER INTER BANK FUNDS 759 79 04 730 81 88
IV. Alr / IV. OTHERS 37 76 108 38 69
eQ / TOTAL 43750 04 26 39547 61 18

Alxc 14 - Alr Ar / SCHEDULE 14 - OTHER INCOME

I. Mqzl, ulqr, AU Sss / I. COMMISSION,
EXCHANGE AND BROKERAGE 928 60 19 939 83 01
II. luv M ur mU sp/ II. PROFIT ON SALE OF
INVESTMENTS
sp / PROFIT 1160 78 96 681 51 88
bOL : Wl / LESS : LOSS 12 36 00 1148 42 96 17 81 76 663 70 12
III. luv M mlqsrMl mU sp / III. LOSS ON
REVALUATION OF INVESTMENTS
sp / PROFIT
bOL : Wl / LESS : LOSS 103 48 53 (103 48 53) 160 74 51 (160 74 51)
IV. pq/ pul AU Alr Axir M ur mU sp /
IV. PROFIT ON SALE OF LAND/BUILDINGS AND
OTHER ASSETS
sp / PROFIT 3 88 36 2 76 58
bOL : Wl / LESS : LOSS 2 52 35 1 36 01 1 66 48 1 10 10
V. ulqr sl-Sl mU sp /
V. PROFIT ON EXCHANGE TRANSACTIONS
sp / PROFIT 781 73 03 669 72 92
bOL : Wl / LESS : LOSS - 781 73 03 - 669 72 92
VI. uSz/ pUi q xjmi Alwar/MmlrAU r xr
Eq x spz AS U Aei Ar /
VI. INCOME EARNED BY WAY OF DIVIDEND ETC.
FROM SUBSIDIARIES/COMPANIES AND/OR
JOINT VENTURES ABROAD/IN INDIA 81 15 92 70 25 29
VII. uuk Ar / VII. MISCELLANEOUS INCOME 1712 45 45 1748 88 69
eQ / TOTAL 4550 25 03 3932 75 62

133
 rj 31 qc, 2015 M sp u Wl Zi M Av oll us Alxcr
SCHEDULES FORMING PART OF THE PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31ST MARCH 2015
rj 31.03.2015 M rj 31.03.2014 M
As at 31.03.2015 As at 31.03.2014
(` 000) (` 000)
Alxc 15 - urr Mr ar ore
SCHEDULE 15 - INTEREST EXPENDED
I. eq mU ore / I. INTEREST ON DEPOSITS 32025 85 21 28657 80 32
II. pUir Ueu oM/ AiU oM EkU mU ore
II. INTEREST ON RESERVE BANK OF INDIA/ 1103 96 57 698 14 23
INTERBANK BORROWINGS
III. Alr (OrU I ij OrU II ohQ ore xWi) /
956 55 66 1247 21 99
OTHERS ( INCLUDING TIER I & TIER II BOND INTEREST)
eQ / TOTAL 34086 37 44 30603 16 54

Alxc 16 - mUcsl urr

SCHEDULE 16 - OPERATING EXPENSES
I. MqcUr M pail AU ElM sL mukl /
4274 25 70 3672 38 11
I. PAYMENTS TO AND PROVISIONS FOR EMPLOYEES
II. MUr, MU, Uzl / II. RENT, TAXES, LIGHTING 658 89 77 546 80 97
III. qSh u sZl xqa / III. PRINTING AND STATIONERY 51 41 98 41 72 81
IV. uml u mcU / IV. ADVERTISEMENT AND PUBLICITY 43 74 07 66 16 23
V. oM M xm mU qsrx (mlqsrMl AUi lkr x AiUh M oS M
lus) V. DEPRECIATION ON BANKS PROPERTY 427 06 18 228 46 57
(NET OF TRANSFER FROM REVALUATION RESERVE)
VI. lSzM M zsM, p AU urr / VI. DIRECTORS FEES, ALLOWANCES
1 38 95 1 43 64
AND EXPENSES
VII. sZ mUM M zsM AU urr (zZ sZ mUM xWi) /
VII. AUDITORS FEES AND EXPENSES (INCLUDES 51 45 83 47 13 92
FOR BRANCH AUDITORS)
VIII. uk mpU / VIII. LAW CHARGES 27 16 44 23 46 52
IX. QM, iU, OsTl AS /
52 50 44 46 04 39
IX. POSTAGE, TELEGRAMS, TELEPHONES ETC.
X. qUqqi AU AlUh / X. REPAIRS AND MAINTENANCE 199 01 17 181 16 74
XI. oq / XI. INSURANCE 391 27 02 299 80 89
XII. Alr urr / XII. OTHER EXPENDITURE 1085 37 58 926 40 24
eQ / TOTAL 7263 55 13 6081 01 03

134
 Alxc- 17
ur uuUh M irU MUl q AmlD aD qWiumh
sZMl lir
(M) irU M AkU:
[1](M)
LiWxM sai mUmU M Aiai sZA M irU Mr
ar W ij r Alrj xci M NQ MU xukM mukl
u uql mhsr M Alm W|
(Z) Alql M Emra:
xqMi ur uuUh M irU M sL mokl i M
Axir, SriA, urr, Ar ij AMxqM SriA
M mMOl M mpui MUlus Uz M xok q ur
uuUh M iUZ M Alql ij kUhA M oll
M AuzrMi W | mokl M qll W M r Alql u
kUhL Eci u uuMmh W | ijm, uxiuM mUhq
Alql x Asa W xMi W | sZMl Alql q Mx
xzkl M uiql ij puwr q qlri Sr eLa |
[2] uSz qS AiUh / uSz qS xmUuil
2.1 uSz qS qSM qS M MsmlM SU mU mUpM iU
mU ApsZi Mr ar W | uSz qS qSM qS M
pUir uSz qS urmU xb (TQD) U mMzi SU
mU ml: uhi Mr ar W | Cx mMU M qS M ml:
uhl x Eim Wlus ulqr AiU M qxM SU mU
sp-Wl Zi q qlri SMU ApsZi Mr ar W |
2.2 uSz zZ M xok q slSl Lu zw M Ap
uSz mUcsl M m q uaMi Mr ar W | Lx
sl-Sl ij zw Uz M oM U iqW AkU mU
xqMi Mr ar W |
mUxmr Lu SriA (Sl qSM u aU-qSM ij
AMxqM SriL) M AiUh pUir xlS sZMU
xxjl M sZMl qlM 11- "uSz ulqr SU
mU mUuil M mpu" M Alm Lu pUir Ueu oM
M lSz M AlxU, mirM iqW M Ai q TQD
U bwi Aiq WeU ulqr SU mU Mr ei
W | uSz zZA M Ar Lu urr qS M TQD
U mMzi iqW Axi xqml SU mU AiUi Mr
ei W |
mUhqxum Wlus ulqr sp / Wl M, uSz qS
AiUh mUi q eq / lq Mr eLa |
SCHEDULE 17
SIGNIFICANT ACCOUNTING POLICIES ADOPTED
IN PREPARING FINANCIAL STATEMENTS
[1](a) Basis of Preparation:
The accounts are prepared under the historical
cost convention and conform to the statutory
provisions and prevailing practices, except as
otherwise stated.
(b) Use of Estimates:
The preparation of nancial statements requires
the management to make estimates and
assumptions that affect the reported amount of
assets, liabilities, expenses, income and disclosure
of contingent liabilities as at the date of the
nancial statements. Management believes that
these estimates and assumptions are reasonable
and prudent. However, actual results could differ
from estimates. Any revision to accounting
estimates is recognized in current and future
periods.
[2] Foreign Currency Translation / Conversion of
Foreign Currencies
2.1 Foreign currency monetary items are initially
recorded at a notional rate. Foreign currency
monetary items are restated at the rate published
by Foreign Exchange Dealers Association of India
(FEDAI) at the end of each quarter. Exchange
difference arising on restatement of such items at
the quarterly rates is recognised in Prot and Loss
Account.
2.2 Transactions and balances of foreign branches are
classied as non-integral foreign operations. Such
transactions and balances are consolidated by the
bank on a quarterly basis.
Assets and Liabilities (both monetary and non-
monetary as well as contingent liabilities) are
translated at the closing spot rate of exchange
announced by Foreign Exchange Dealers
Association of India (FEDAI) as at the end of each
quarter. Income and Expenditure items of the
foreign branches are translated at the quarterly
average rate published by FEDAI in accordance
with Accounting Standard (AS) 11- The effect
of Changes in Foreign Exchange rates issued by
the Institute of Chartered Accountants of India
(ICAI) and as per the guidelines of Reserve Bank
of India (RBI) regarding the compliance of the said
standard.
The resultant exchange gain/loss is credited /
debited to Foreign Currency Translation Reserve.
135
2.3 urS ulq
ulqr
r xuSL:
xp urS ulqr xuSA M mUp q Eim Wlus
mqrq r QxMEO M urr r xuS mU Wlus Ar
M m q mUzki Mr ar W | urS ulqr xuSA
M AmUzki mqrq r QxMEO xWi AxqrM
UMUh mU Wlus sp / Wl, rS W i, xqmi iUZ
mU qlri S aD | urS xuSA mU ulqr AiU M
UmOa Auk, eW ulqr SU mUuii WL W, mU sp
u Wl Zi q qlri S aD |
2.4 oMr urS ulqr xuSA, aUOr, xuMir,
mMl ij Alr okriA M xok q AMxqM
SriA M mUMsl TQD U mMzi Aiq SU M
AlxU isl m q Mr ar W|
[3] luz
3.1 luz M xuaMUh pUir Ueu oM M SzlSz M
AlxU Mr ar W | oM M xmh luz xupa il
xua q upei Mr ar W, ex 'mUmYui M sL
kUi', 'o M sL kUi' AU 'urmU M sL kUi' |
Cx iUW M uaMUh mipir M ApaWh M xqr mU
lkUi Mr ar W |
luz M N: xua q mMO Mr ei W ex (M)
xUMU mipir (Z) Alr AlqSi mipir (a) zrU
(b) QocU AU oQ (X) Alwar ij xr Eq AU
(c) Alr
3.2 luz M AkaWh sai M lkUi MUl M sL:
M) mipir M ZUS M xqr Elx xoki Sss,
Mqzl AS ex sai M sp u Wl Zi M
mpUi Mr ei W |
Z) AkaWh / lmOl iUZ iM Gh sZi mU ZQi
Auk ore M Uexu M m q ql ei W |
3.3 luz M qsrMl pUir Ueu oM U eU ML aL
SzlSz M AlxU Mr ei W e lqlui W :
M) mUmYui M sL kUi
Auk xqmi Wi kUi xua M Aiai luz mU
ApaWh sai, lus mizkl, AaU MD W i ExM
AkU mU Mr el W | AMi qsr x rS MD AkM
ApaWh sai W i Ex zw Auk q mUzki Mr
ei W |
2.3 Forward Exchange Contracts
Premium or discount arising at the inception of
all forward exchange contracts are amortized as
expense or income over the life of the contract.
Prot/ Losses arising on cancellation of forward
exchange contracts, together with unamortized
premium or discount, if any, is recognized on
the date of termination. Exchange differences
on such contracts are recognized in the Prot &
Loss account in the reporting period in which the
exchange rates change.
2.4 Contingent liability in respect of outstanding
forward exchange contracts, guarantees,
acceptances, endorsements and other obligations
are stated in the balance sheet at the closing rates
published by FEDAI.
[3] Investments
3.1. Classication of investments is made as per
the guidelines of the RBI. The entire investment
portfolio of the bank is classied under three
categories viz. Held to Maturity (HTM), Available
for Sale (AFS) and Held for Trading (HFT). Such
classication is decided at the time of acquisition
of securities.
Investments are disclosed in the Balance Sheet
under six classications viz: (a) Government
securities (b) Other approved securities (c) Shares
(d) Debentures & Bonds (e) Subsidiaries and Joint
Ventures & Associates and (f) Others.
3.2. In determining the acquisition cost of investment:
(a) Cost such as brokerage, commission etc.,
relating to securities at the time of purchase
are charged to Prot & Loss Account.
(b) Broken period interest on debt instruments up
to the date of acquisition / disposal is treated
as revenue.
3.3 The valuation of Investments is done in accordance
with the guidelines issued by the RBI as under:
a) HELD TO MATURITY
Investments under Held to Maturity category are
carried at acquisition cost, net of amortisation, if
any. The excess of acquisition cost, if any, over the
face value is amortized over the remaining period
of maturity.
136
 Alwar AU xr Eq q luz M UZu sai mU
qsrMi Mr ei W | qsr q MD p xjr x W
i ExM mhi: mukl Mr ei W |
r aqh oM AU Alr lrx zrU q luz M
sai qsr mU UZ ei W |
ucU me lkr (uxLT) q SlM 23.08.2006 M
oS M aD luz M il uw M AUpM Auk M sL
LcOLq h M iWi uaMi Mr ei W ij sai mU
qsr lkUh Mr ei W |
Z) o M sL Emsok
Cx xua M iWi uaMi mirM mipi qxM AkU
mU oeU M sL AMi W ij pUir Ueu oM M
SzlSz M AlxU mirM iqW M Aiq iUZ
(isl m iUZ) M Emsok oeU SU mU e xOM
LYxce mU urmU / MO, pUir lri Ar qS oeU
AU urim xb (LTADLqLqQL) U bwi qsr /
Ar M AkU mU qsrMi Mr ei W |
mirM h / uaMUh M iWi mirM ua M xok q
lus qsrx Emsok Mr ei W AU lus qsru
lMU ei W | mirM mipir M qsrMl oeU M
sL AMi ML el mU Ex mipi M oW qsr q MD
mUuil lW Wi W |
il uw M Auk M mi ucU me lkr (uxLT)
q AiUi LcOLq h M CMCr M ucU me lkr
M sZmUi ur uuUh M AlxU lus Axi
qsr mU qsrMi Mr ei W | rS 18 qWl M sL
Lx sZmUi ur uuUh Emsok lW W i, CMCr
M `1 mi ucU me lk M AkU mU qsrMi Mr
ei W |
a) urmU Wi kUi
Cx xua M iWi uaMi luz M oeU MO, pUir
lri Ar qS oeU AU urim xb (LTADLqLqQL)
U bwi qsr / Ar M AlxU xmiWM AkU mU
qsrMi Mr ei W |
mirM h / uaMUh M iWi lus qsrx M qlri
S aD ij xukl, rS MD W i, lMU ar | mirM
mipir M qsrMl oeU M sL AMi ML el mU
oW qsr q MD mUuil lW Wi W |
Investments in Subsidiaries and Joint Ventures
& Associates are valued at carrying cost. Any
diminution in the value other than temporary in
nature is fully provided for.
Investment in sponsored Regional Rural Banks
(RRB) and other Trustee Shares are valued at
carrying cost.
Investment in units of Venture Capital Funds
(VCFs) made after 23.08.2006 are classied under
HTM category for initial period of three years and
valued at cost.
b) AVAILABLE FOR SALE
Investments classied under this category are
mark to market on quarterly basis and valued
as per Reserve Bank of India guidelines at the
market rates available on the last day of each
quarter (Balance Sheet date) from trades/quotes
on the stock exchanges, prices/yields declared by
the Fixed Income Money Market and Derivatives
Association of India (FIMMDA). Unquoted
securities are also valued as per the Reserve Bank
of India guidelines.
The net depreciation under each category/
classication is fully provided for whereas the
net appreciation, if any, is ignored. The book value
of the individual securities does not undergo
any change after these are valued at mark to
market basis.
Units of Venture Capital Funds (VCF) transferred
from HTM category after a period of three years
(Refer paragraph 3.3(a) are valued at NAV as per the
audited nancial statements of Venture Capital
Funds. In case such audited nancial statements
are not available continuously for 18 months
as on the date of valuation, units are valued at
Re. 1 per VCF.
c) HELD FOR TRADING
Investments classied under this category are
valued at rates based on market quotations, price/
yields declared by FIMMDA on a weekly basis.
The net depreciation under each security held is
fully provided for whereas the net appreciation,
if any, is ignored. The book value of the individual
securities do not undergo any change after marked
to market.
137
3.4 LM h x SxU h q zrU M AiUh lqllxU
Mr ei W :
M) mUmYui M sL kUi (LcOLq) h x o M sL
Emsok (LLTLx) / urmU M sL kUi (LcLTO)
h M AiUh AkaWh qsr / oW qsr mU Mr
ei W | rS Lc O Lq h M iWi luz M qs
m x mqrq mU UZ ei W i mUzki sai mU
AiUh Mr ei W |
Z) L LT Lx / Lc LT O h x Lc O Lq h q
AiUh oW qsr r oeU qsr M lql qsr mU Mr
ei W |
a) L LT Lx x Lc O Lq h r CxM umUi
M UZu sai mU AiUi Mr ei W | Emci
qsrx, rS MD W i, Lc LT O mipir
M mi qsrx M sL mukl M AiUi Mr
ei W |
3.5 mipiMUh / mllqh Mml (mM / mM) M oM U
oc ar AleM luz ur mUxqmr M qqs q
mM / mM U eU mipi UxS M mipi UxS M
miSr qsr AU ur mUxm M lus oW qsr q
x lql xiU mU qsrMi Mr ei W | oWr q ClM
luz EmrlxU lkUi qsr mU ClM ur r uxs
iM Mr ei W AU Lx ur / uxs mU Wl r sp
lqllxU mz Mr ei W :-
M) rS ur lus oW qsr (Llou)x Mq qsr
mU W i, iSxok Mq M pUir Ueu oM M
SzlSz M AlxU qlri Sr ei W |
Z) rS ur lus oW qsr x E qsr mU W i,
AiU mukl M umx lW Mr ei W, sMl
mM / mM M Alr ur Axir M ur x
Wlus Mq / Wl M mi M sL Mr ei W |
3.6 il q x Mx p h q zqs ML aL mipir
M qqs q eW ore / qs Uz LM lkUi Auk M
sL oMr W i AleM luz M m q uaMi Mr
ei W | Lx mipir mU ore Ar M ahl lW M
ei W ij luz M qsr mU AuzrM x / mukl
olr ei W | Lx AleM luz M mi qsrx
M Alr AeM Axir M mi qsru x xqel lW
Mr ei W |
3.7 luz M o mU sp
o M sL Emsok ij urmU M sL kUi'' hr
M iWi luz M o mU sp M sp u Wl Zi q
qlri Sr ei W |
mUmYui M sL kUi'' h M xok q luz M
o mU Emsok sp M mjqM iU mU sp u Wl
Zi q sr ei W ij sp M xqisr Uz M
AUi me (MU u AUi lk M AiUi M elus
Uz M lus) q ulrei Mr ei W |
3.4. Transfer of scrips from one category to another is
carried on the following basis:
(a) HTM to AFS/HFT category at acquisition price/
book value. In case the investments under HTM
category are placed at premium originally the
transfer is made at amortised cost.
(b) AFS/HFT to HTM category at lower of the book
value or market value.
(c) AFS to HFT category or vice versa, at the
carrying value. The accumulated depreciation,
if any, to be transferred to the provision for
depreciation against HFT securities and vice
versa.
3.5. Non performing Investments Security Receipts
issued by Securitisation / Reconstruction Company
(SC/RC) in respect of nancial assets sold by the
Bank to the SC/RC are valued at the lower of the
redemption value of the Security Receipt and
the Net Book Value of the nancial asset. The
Investment is carried in the books at the price
determined as above until its sale or realisation
and on such sale or realisation, loss or gain is dealt
with as below:.
(a) If sale is at a price below Net Book Value (NBV), the
shortfall is recognised as per Reserve Bank of India
guidelines.
(b) If the sale is for a value higher than NBV, the
excess provision is not reversed but utilized to
meet shortfall/loss on account of sale of other
nancial assets to SC/RC.
3.6. Securities included in any of three categories
where interest/principal is in arrears for a
specied period, are classied as Non performing
Investment. Interest Income on such securities
is not reckoned and appropriate depreciation/
provision in value of Investments is made.
Deprecation in respect of such Non Performing
Investments is not set off against appreciation in
other performing securities.
3.7. Prot on sale of Investments
Prot on sale of Investments in respect of Available
for Sale and Held for Trading categories is
recognized in Prot & Loss Account.
Prot on sale of Investments in respect of Held
to Maturity category is rst taken to the Prot
& Loss Account and an equivalent amount of
Prot is appropriated to the Capital Reserve (net
of taxes and amount required to be transferred to
Statutory Reserve).
138
 xp il hr q luz M o mU Wl M sp u
Wl Zi q qlri Sr ar |
3.8 Um / miui Um M sZMl u cslk xqrel
xuk (LsLLT)
Um / miui Um M iWi xWqi zi mU LM MUU M
xj ZUS / oc aD mipir (LsLLT M Asu) M
ml:ZUS M EkU M m q sZMi Mr eLa|
LsLLT M iWi pUir Ueu oM x ZUS / oc aD
mipir M luz Zi q lq / eq Mr ei W AU
mUmYui mU ExM umx Mr ei W|
[4] urim xuSL
oM ore SU ASs-oSs AU qS urimr q
uruWU MUi W | oM U uruWU Mr e UW ore SU
urimr mr ore SU ASs-oSs, mUxmU slSl M
qS ore SU ASs-oSs AU urS SU MUU W | oM
U uruWU M e UW qS urimr uMsm AU qS
ASs-oSs W |
Lx urim xuSA M lqllxU qsrMi Mr
ei W :
M) urmU M sL mra M elus urim xuSL
oeU M sL AMi M ar W AU lus qsrx
M mWcl M aD W ij lus qsru M lMU
ar W |
Z) miU M sL Emra q sr e UW urimr
lqllxU W :
i. urim xuSL oeU M sL AMi lW M
ei W, eo iM AkUpi Axir / SriL
oeU M sL AMi lW M ei W |
ii. miU ASs-oSs M sL Emci AkU mU
Ar / urr M sZ Mr ar |
[5] Aaq
5.1 Aaq M AeM AU AleM Axir M m q
xuaMi Mr ar W AU pUir Ueu oM U lkUi
uuMmh qlSQ M AlxU mukl ML aL W |
5.2 Aaq M EkUMiuU qlM, AuqlM, xSak ij Wl
Axi M m q xuaMi Mr ar W |
5.3 bUs Aaq Wi AeM / AleM Aaq M sL
pUir Ueu oM SzlSz M AlxU mukl ML
aL W |
5.4 uSz zZA M AeM / AleM Aaq M sL
mukl xjlr ulrq / Ex Sz M lrq, pUir
Ueu oM U lkUi qlM, e p AkM xZi W, M
AlxU Mr ar W |
Loss on sale of Investments in all the three
categories is recognized in Prot & Loss Account.
3.8. Accounting for Repo/Reverse Repo and Liquidity
Adjustment Facility (LAF)
The securities purchased/sold with an agreement
to repurchase on the agreed terms under Repo /
Reverse Repo (other than LAF) are recognized as
borrowing / lending.
The securities purchased/sold under LAF with RBI
are debited/credited to Investment account and
reversed on maturity.
[4] Derivative contracts
The Bank deals in Interest Rate Swaps and
Currency Derivatives. The Interest Rate Derivatives
dealt by the Bank are Rupee Interest Rate Swaps,
Cross Currency Interest Rate Swaps and Forward
Rate Agreements. Currency Derivatives dealt by
the Bank are Options and Currency Swaps.
Such derivative contracts are valued as under:
a. Derivative contracts dealt for trading are valued
on mark to market basis, net depreciation is
recognized while net appreciation is ignored.
b. Derivative contracts undertaken for hedging
are:
i. Derivative contracts designated as hedges
are not marked to market unless their
underlying asset is marked to market.
ii. Income / Expenditure is recognized on
accrual basis for Hedging swaps.
[5] Advances
5.1 Advances are classied as performing and
non-performing assets in accordance with the
prudential norms issued by RBI.
5.2 Advances are classied into Standard, Sub Standard,
Doubtful and Loss assets borrower wise.
5.3 Provisions for domestic advances are made for
performing/non - performing advances in
accordance with the RBI Guidelines.
5.4 Provisions for performing/ non-performing
advances with foreign branches are made as per
local regulations / regulations of host country
according to the norms prescribed by RBI,
whichever is more stringent.
139
5.5 isl m q EssZi Aaq, AleM Axir, QO
aUO xxjl x mmi Su AU mlplD M sL ML aL
mukl M lus W |
5.6 AleM Aaq q ML aL AzM uxsr M xqrel
mjqi: mpU u ore, iimi xqfi lmOl / Msii
Gh M qs kl M mi Mr ei W | uxsr M
mjqi: qs kl M xj xqrei Mr ei W |
5.7 mipiMUh / mllqh Mml M oc ar ur
Axir M qqs q, qsrMl, Ar lkUh pUir
Ueu oM M SzlSz M AlxU Mr ei W |
(6) Acs mUxmr
6.1 oM M mUxU q q pq AU mus pq xm
Sl zqs W | pq AU pul M meMUh WxiiUh
m / AoOl m / m MUUlq, Sbuk mus
xmr AU / r xm M piM kUh M AkU mU
Wi W |
6.2 eW mlqsrMl Mr ar W ElW NQMU mUxU AU
Alr Acs mUxmr M LiWxM sai mU oir
ar W | mlqsrMl mU qsr u, rS MD W i, Ex
'mlqsrMl AUi lk' Zi q eq Mr ei W |
xuki qsr M MUh Wlus qsrx / mUzkl M
AiUh mlqsrMl AUi lk x sp u Wl Zi q
qsrx q eq Mr eLa |
(7) qsrx
7.1 MmrOU M NQMU, Acs mUxmr M qsrxi
qsr mi M iWi iixok mUxm M Emrer eul
mU mUMsi qsr M AkU mU mokl U lkUi SU
M AlxU qsrx Mr ei W | pUir Ueu oM M
SzlSz M AlxU, MmrOU mU qsrx M xk
MOi mhs M AkU mU 33.33% mpUi MUi WL Mr
ei W |
7.2 mki xm mUxU mU mS mqrq ExM mU m
Auk M sL mpUi Mr ei W |
7.3 Acs mUxm q xukl mU qsrx M ApaWh
iUZ M ahl ML oaU xmh uw M sL mpUi Mr
ar W | o / lmOl uw M SUl qsrx M sL
mukl lW Mr ar W |
5.5 Advances stated in the Balance Sheet are net of
provisions made for Non Performing Assets, claims
received from Credit Guarantee Institutions and
rediscount.
5.6 Partial recoveries in Non Performing Advances are
apportioned rst towards charges and interest,
thereafter towards principal with the exception of
non performing advances involving compromise
settlements/ Loan Past Due advances, the
recoveries are rst adjusted towards principal.
5.7 In case of nancial assets sold to SC/ RC, the
valuation, income recognition is being done as per
RBI guidelines.
(6) Fixed Assets
6.1 The premises of the Bank include freehold and
leasehold properties. Land and Buildings are
capitalised based on conveyance / letters of
allotment / agreement to lease, deposit made on
long term leasehold properties and / or physical
possession of the property.
6.2. Premises and other Fixed Assets are stated at
historical cost except wherever revalued. The
appreciation on revaluation, if any, is credited to
the Revaluation Reserve Account. Depreciation /
Amortization attributable to the enhanced value is
transferred from Revaluation Reserve to the credit
of Depreciation in the Prot and Loss Account.
[7] Depreciation
7.1. Fixed Assets excluding Computers are depreciated
under Written Down Value Method at the rates
determined by the management on the basis
of estimated useful life of the respective assets.
As per the guidelines of RBI, depreciation on
Computers including ATMs is charged at 33.33%
on Straight-Line Method.
7.2. Premium paid on leasehold properties is charged
off over the lease period.
7.3. Depreciation on additions to xed assets is
charged for the full year irrespective of the date of
acquisition. No depreciation is provided for in the
year of sale/disposal.
140
(8) Axir M Wl
mirM isl m iUZ M Mx Axi M Amrl
M xMi W r lW M lkUh Mr ei W | rS MD
xMi mr ei W i uxs rar Uz M LM Alql
olr ei W ij rS MD Amrl W i, mukl Mr
ei W |
(9) Uexu M mUMsl
9.1 Ar u urr M sZMl xqlrir, lqlsZi M
NQMU, Emci AkU mU Mr Mr ei W :
M) pUir Ueu oM U lkUi qlSQ M AlxU
AleM Aaq ij AleM luz mU ore M
qlri Sr ar W |
Z) AiSr os, Mqzl ( xUMU MUoU M Asu),
ulqr, Sss ij sMU MUr mU ore M ahl
uxs mU Mr ar W |
a) spz M ahl io Mr eLa eo ExM mmi
MUl M AkMU xjmi Mr ei W|
b) qMSq SrU ML aL sZ M qqs q xoki
ukM ij Alr urr M sp-Wl Zi q mpUi
Mr eLa ij uxs mU ExM ahl Ar M m
q M eLa | |
(10) MqcU sp
10.1 mUpwi AzSl relL
mUpwi AzSl relL : mUpwi AzSl relL
ex puwr lk / mzl lk M urr M m q qlri
Sr ar W ij sp-Wl Zi q mpUi Mr ar W |
10.2 mUpwi Wisp relL
M) EmSl: MqcU EmSl lk rel M lkrl oM
U Mr ei W exM mokl Asa lrx U
Mr ei W e SzlSz M AlxU ElM lk
M mokl MUi W | EmSl M iWi oM M okriA
M uiql qsr M rj uwi M oqMM AkU mU
ij rel xm M Eci qsr M lus AkU mU
okriA M qlri Sl M sL xMs okriA x
Mq Mr ar W |
Z) mzl: MqcU mzl lk rel M lkrl oM U
Mr ei W exM mokl Asa lrx U Mr
ei W | mzl M iWi oM M okriA M uiql
qsr M rj uwi AkU mU ij rel xm M
Eci qsr M lus AkU mU okriA M qlri
Sl M sL xMs okriA x Mq Mr ar W |
[8] Impairment of Assets
An assessment is made at each balance sheet
date whether there is any indication that an
asset is impaired. If any such indication exists, an
estimate of the recoverable amount is made and
impairment loss, if any, is provided for.
[9] Revenue Recognition
9.1. Income and expenditure are generally accounted
on accrual basis, except the following:
a) Interest on Non-Performing advances and non
performing investments is recognized as per
norms laid down by Reserve Bank of India.
b) Interest on overdue bills, Commission (other
than Government business), Exchange,
Brokerage and rent on lockers are accounted
on realization.
c) Dividend Income is recognized when the right
to receive the same is established.
d) In case of suit led accounts, related legal and
other expenses incurred are charged to Prot
& Loss Account and on recovery the same are
accounted as Income.
(10) Employee Benets
10.1 Dened Contribution Plans
Dened Contribution Plans such as Provident /
Pension fund are recognized as an expense and
charged to Prot & Loss account.
10.2 Dened Benet Plans
a) Gratuity: The employee Gratuity Fund Scheme
is funded by the Bank and managed by a
separate trust who in turn manages their
funds as per guidelines. The present value
of the Banks obligation under Gratuity is
recognized on actuarial basis as at the year
end and the fair value of the Plan assets is
reduced from the gross obligation to recognize
the obligation on a net basis.
b) Pension: The employee Pension Fund Scheme
is funded by the Bank and managed by a
separate trust. The present value of the Banks
obligations under Pension is recognized on
the basis as at the year end and the fair value
of the Plan assets is reduced from the gross
obligation to recognize the obligation on a
net basis.
141
a) Gh mUzkl : oM M MqcUr M sL mzl uMsm
Sl x Wlus Sri / urr M ij EmSl pail
Aklrq, 1972 q xzkl M mi EmSl q Wlus
xukl M xql AkU mU ur uw 2010-11 x z
Wlus uw x mc uw M sL mUzki Mr ar W |
10.3 uzwkMU N M Sbuk sp ql ar W ij
mirM isl m iUZ M Alqli CMD xZ mi'
M xui oqMM qsrMl M AkU mU qlri Sr
ei W |
(11) MUkl M sL mukl
M) cs ij Axjai Sl MU M sL MU mukl
Mr ar W |
Z) xqr-Auk q AiU M MUh Eimll Wlus upSM
MU Axir AU SriA e M oS M Aukr
M SUl miuil rar W M Aklrqi MU M
SU u lrq Aju oS q isl-m M iUZ mU
Aklrqi MU M SU u lrq M mra MUi WL
qlri S ar W |
a) upSM MU Axir M qlri io iM lW S
ei W eo iM rW mU iUW x li lW W
ei M mrmi pu MUrar Ar Emsok W era
exM mi Lx upSM MU Axir M qlri S
era |
(12) lus sp
12.1 mukl, AMxqM SriL AU AMxqM Axir
I. pUir xlS sZMU xxjl U eU sZMl
qlM 29 AMxqM SriA ij AMxqM Axir
M sL mukl" M AlxU oM U mukl M qlri
Sr ar, eo :-
M) muui bOl M mUhq M m q uiql q MD
Sriu W |
Z) rW xpu W M Ex Sriu M lpl M sL AjM
sp r xi M oWaql Sriu lmOl M sL
AuzrM W, ij
a) eo Sriu Uz M Eci mUMsl Mr e
xMi W |
c) Amortization: The additional liability/expenditure
arising consequent upon the reopening of
Pension Option to the employees of the bank
and enhancement in gratuity limit pursuant to
amendment to Payment of Gratuity Act, 1972 has
been amortized equally over a period of ve years
beginning with the nancial year 2010-11.
10.3 The privilege leave is considered a long term
benet and is recognized based on independent
actuarial valuation on Projected Unit Credit
method at each Balance Sheet date.
(11) Provision for Taxation
a) Provision for tax is made for both Current and
& Deferred Taxes.
b) Deferred Tax assets and liabilities arising on
account of timing differences and which are
capable of reversal in subsequent periods are
recognized using the tax rates and laws that
have been enacted or substantively enacted as
of the balance sheet date.
c) Deferred tax assets are not recognized unless
there is virtual certainty that sufcient
future taxable income would be available
against which such deferred tax assets can be
recognized.
(12) Net Prot
12.1 Provisions, Contingent Liabilities and Contingent
Assets
I. In conformity with AS 29, Provisions, Contingent
Liabilities & Contingent Assets issued by the
Institute of Chartered Accountants Of India, the
bank recognizes provision only when :
a. it has a present obligation as a result of past
event.
b. it is probable that an outow of resources
embodying economic benets will be required
to settle the obligation, and
c. when a reliable estimate of the amount of the
obligation can be made.
142
II. lqlsZi M sL MD mukl lW Sr ar :-
M) mu M bOlA x Eim Wlus Mx xpui
Sriu AU exM Axiiu M m Mus LM r
Exx AkM Ali pu bOlA, eM mh m
x oM M lrh M piU W, M bOl r l bOl mU
W M eLa |
Z) rW mirzi lW W M AjM Wi x xxqm
xxkl M oWaql Sriu M lmOl M sL
AuzrM W Aju
a) Sriu M Uz M uxlr Alql lW sar e
xMi |
Lx okriA M AMxqM SriA M m q ApsZi Mr
ar W | CxM lrqi AiUs mU lkUi Mr ei W ij
okri M Ex Wxx exM sL AjM sp r xi M
oWaql xpu W, M sL mukl Sr ar W | eW mU uxlr
Alql olr lW e xMi, uW mukl lW Sr ar W |
III. AMxqM SriA M ur uuUhr q qlri lW
Sr ar W |
12.2 lus sp
sp-Wl Zi q lus sp lqlsZi M mi W :
M) luz mU qsrx M sL mukl
Z) MUkl M sL mukl
a) Gh Wlr M sL mukl
b) qlM Axir M sL mukl
X) AleM luz M sL mukl
c) Alr xqlr u AluzrM mukl
[13] mi zrU Ael
oM, sZMl qlM 20 M AlxU mi zrU M qs
u ilMi Ael M UmO MUi W | mi zrU qs Ael
M ahl MU mi lus sp M uw M SUl oML
DYuO zrU M pUi Axi xZr x upei MUM
Mr ei W |
II. No provision is recognized for:
a. Any possible obligation that arises from
past events and the existence of which will
be conrmed only by the occurrence or non
occurrence of one or more uncertain future
events not wholly within the control of the
bank.
b. It is not probable that an outow of resources
embodying economic benets will be required
to settle the obligation or
c. A reliable estimate of the amount of obligation
cannot be made.
Such obligations are recorded as Contingent Liabilities.
These are assessed at regular intervals and only that
part of the obligation for which the outow of resources
embodying economic benets is probable, is provided
for, except in the extremely rare circumstances where no
reliable estimate can be made.
III. Contingent Assets are not recognized in the
nancial Statements.
12.2 Net Prot
The Net Prot in the Prot & Loss Account is after:-
a) Provision for depreciation on Investments.
b) Provision for Taxation.
c) Provision on loan losses
d) Provision on Standard Assets.
e) Provision for Non Performing Investments.
f) Other usual & necessary Items.
[13] Earning per share:
The Bank reports basic and diluted Earnings Per
Share in accordance with AS 20. Basic Earnings Per
Share is computed by dividing the net prot after
tax by the weighted average number of equity
shares outstanding for the Year.
143
 Alxc 18 SCHEDULE 18
Alxc 18- sZ xxok Ommhr
SCHEDULE 18 - NOTES ON ACCOUNTS
1 luz:
1 Investments:
i) rj 31.03.2015 M "mUmYui M sL kUi" ua M
i) The percentage of investments under Held to
iWi luz M mizi xukM iUsi Almi (Lx
Maturity category SLR as on 31.03.2015 was
Ls AU) oM M qa AU qrS Sri M 22.23%
22.23% of Demand and Time Liability of the
j (mNs uw 21.66%), e pUir Ueu oM M
Bank (Previous year 21.66%), which is within the
SzlSzlxU Alqi xq M piU W |
permissible limit as per RBI guidelines
ii) Alxc-8 q Alwar ij / r pUi M xr Eq
ii) Investment in Subsidiaries/Joint Ventures/
q luz q r aqh oM q zrU M AuOl
Associates in India in Schedule-8 includes
soi UWl M MUh zrU me M mi luz M aD
Rs.29.40 Crore (Previous year Rs.29.40 Crore)
Aaq `29.40 MUQ (mNs uw `29.40 MUQ) M p
being advance towards share capital in Regional
xqWi Mr ar W |
Rural Banks pending allotment of shares.
2 AiU-zZ slSl: 2 Inter-Branch Transactions:
31.03.2015 iM AiU-zZ slSl M Akl xqkl M The initial matching of entries received at Head
Ezr x mkl Mrsr q mmi mur M mUpM qsl Ofce for the purpose of reconciliation under Inter-
Mr ar W | oM mur M qsl MUl ij zw oMr Branch transactions upto 31.03.2015 has been done.
mu M bOl M Aml mrx M eU UZ UW W | However, Bank is continuing its efforts to reconcile
and reduce the remaining outstanding entries.
3 mUxU:
3 Premises:
mUxU q `211.35 MUQ (mNs uw `211.35 MUQ) M Premises include certain properties having original
MN xmr zqs W elM xSp q oM M m q AiUh cost of `211.35 Crore (Previous year `211.35 Crore)
usZ M lwmSl soi W| in respect of which conveyance deeds are pending
executions.
4 pUir Ueu oM M AuzrMilxU mMOMUh:
4 Disclosure as per RBI Requirements:
4.1 me:
4.1 Capital:
(` MUQ q) (` In Crore)
oxs II oxs III Particulars Basel II Basel III
qS
31.03.2015 31.03.2014 31.03.2015 31.03.2014 31.03.2015 31.03.2014 31.03.2015 31.03.2014
(i) xAULAU 10.98 11.14 10.56 10.63 (i) CRAR 10.98 11.14 10.56 10.63
(ii) x D O 1 (ii) CET 1 Ratio (%) --- --- 7.37 7.41
Almi (%) --- --- 7.37 7.41
(iii) Tier I Capital
(iii) OrU I me Ratio (%) 8.30 8.00 8.02 7.68
Almi (%) 8.30 8.00 8.02 7.68
(iv) Tier II Capital
(iv) OrU II me Ratio (%) 2.68 3.14 2.54 2.95
Almi (%) 2.68 3.14 2.54 2.95 (v) Percentage of
(v) oM q Shareholding
pUi xUMU of the
M zrUkUh Government
M mizi of India in the
(%) Bank 69.91 69.00 69.91 69.00
69.91 69.00 69.91 69.00
(vi) AiU (vi) Amount of
Additional
mmi OrU I
Tier 1 capital
me Uz 1500.00 -- 1500.00 -- raised 1500.00 -- 1500.00 --

144
(vii) AiU mmi (vii) Amount of
OrU II me Tier 2 capital
raised; of
Uz; exq x
which Debt
Gh me capital
sZi: zlr 2500.00 zlr 2500.00 instrument: Nil 2500.00 Nil 2500.00
Preference
Akql zrU
Share Capital
me sZi: zlr zlr zlr zlr Instruments: NIl NIl NIl NIl

4.2 luz: 4.2 Investments:

(1) luz M qsr: (1) Value of Investments:
(` MUQ q) (` in Crore)
uuUh 31.03.2015 31.03.2014 Particulars 31.03.2015 31.03.2014

i. luz M xMs qsr 145455.24 127676.17 i. Gross Value of Investments 145455.24 127676.17

M. pUi q 144518.68 126779.65 a. In India 144518.68 126779.65

Z. pUi x oWU 936.56 896.52 b. Outside India 936.56 896.52

ii. qsr
rx, Ll m AD M sL ii. Provisions for Depreciation,
mukl 109.06 847.92 NPI 109.06 847.92

M. pUi q 109.06 805.86 a. In India 109.06 805.86

Z. pUi x oWU - 42.06 b. Outside India - 42.06

iii. luz M lus qsr 145346.18 126828.25 iii. Net Value of Investments 145346.18 126828.25

M. pUi q 144409.62 125973.79 a. In India 144409.62 125973.79

Z. pUi x oWU 936.56 854.46 b. Outside India 936.56 854.46

(2)) luz mU qsrx M sL ML aL mukl q EiU - (2) Movement of Provisions held towards depreciation
cR u AU Ll m AD : and for NPI on Investments:
(` MUQ q) (` in Crore)
uuUh 31.03.2015 31.03.2014 Particulars 31.03.2015 31.03.2014

i. mUpM zw 847.92 217.71 i. Opening Balance 847.92 217.71

ii. eQ: uw M SUl olr ar 56.17 756.00

ii. Add: Provisions made 56.17 756.00
mukl during the year

iii. bOr: uw M SUl AiU iii. Less: Write back of excess

mukl M o 795.03 125.79 provisions during the year 795.03 125.79
Zi Qsl

iv. Ci zw 109.06 847.92 iv. Closing balance 109.06 847.92

145
4.2.1. ml: ZUS (Um) slSl:
i. oeU Um (` MUQ q)
uw M SUl
uw M SUl uw M SUl rj
uuUh miSl Axi
lrliq oMr AkMiq oMr 31.03.2015 M
oMr
Um M iWi ui mipir
i) xUMU mipir 5.00 7242.05 570.18 zlr
ii) laq Gh mipir zlr zlr zlr zlr
mi Um M iWi ZUS ar mipir
i) xUMU mipir 30.00 8903.20 1242.86 zlr
ii) MmUO Gh mipir zlr zlr zlr zlr

4.2.1 Repo Transactions-

i. Market REPO (` in Crore)
Minimum Maximum Daily Average
As on
Particulars outstanding outstanding outstanding
31.03.2015
during the year during the year during the year
Securities sold under repo
i) Government Securities 5.00 7242.05 570.18 NIL
ii) Corporate Debt Securities NIL NIL NIL NIL
Securities purchased under reverse repo
i) Government Securities 30.00 8903.20 1242.86 NIL
ii) Corporate Debt Securities NIL NIL NIL NIL

ii. pUir Ueu oM M xj cslk xqrel xuk (LsLLT)

(` MUQ q)
uw M SUl
uw M SUl uw M SUl rj
uuUh miSl Axi
lrliq oMr AkMiq oMr 31.03.2015
oMr
Um M iWi ui mipir
i) xUMU mipir 104.00 12033.84 2942.51 5876.00
ii) MmUO Gh mipir zlr zlr zlr zlr
mi Um M iWi ZUS ar mipir
i) xUMU mipir 104.00 7696.00 436.19 2600.00
ii) MmUO Gh mipir zlr zlr zlr zlr

ii. Liquidity Adjustment Facility (LAF) with RBI

(` in Crore)
Minimum Maximum Daily Average
As on
Particulars outstanding outstanding outstanding
31.03.2015
during the year during the year during the year
Securities sold under repo
i) Government Securities 104.00 12033.84 2942.51 5876.00
ii) Corporate Debt Securities NIL NIL NIL NIL
Securities purchased under reverse repo
i) Government Securities 104.00 7696.00 436.19 2600.00
ii) Corporate Debt Securities NIL NIL NIL NIL

146
4.2.2 aU-xukM cslk Almi luz xupa:
i) aU-xukM cslk Almi luz M eUMi ulrx: (` MUQ q)

"Mq luz
"aU-UOQ" "Axcai"
le xjl h"
x. eUMi Uz mipir M mipir M
lrel xq mipir M
xq xq
xq
(1) (2) (3) (4) (5) (6) (7)
(i) xuelM Emq 4805.52 4284.35 zlr zlr 12.89
(ii) ur xxjL 5077.06 4506.81 zlr zlr zlr
(iii) oM 5004.40 4210.58 10.00 31.25 31.25
(iv) le MmUO 1616.93 1011.69 118.70 zlr zlr
(v) Alwar / xr Eq 869.29 869.29 zlr zlr zlr
(vi) Alr 2529.90 2362.99 zlr zlr zlr
(vii) bOL : qsrx ij LlmAD M sL mukl 108.46 -- -- -- --
Ms 19794.64 17245.71 128.70 31.25 44.14
Msq 4,5,6, u 7 M iWi UmO M aD Uzr mUxmU Allr lW W|

4.2.2 Non-SLR Investment Portfolio:

i) Issuer composition of Non SLR Investments: (` in Crore)

Extent of
Extent of Below Extent of Extent of
No. Issuer Amount Private Investment Unrated Unlisted
Placement Grade Securities Securities
Securities

(1) (2) (3) (4) (5) (6) (7)

(i) PSUs 4805.52 4284.35 NIL NIL 12.89

(ii) Fis 5077.06 4506.81 NIL NIL NIL

(iii) Banks 5004.40 4210.58 10.00 31.25 31.25

(iv) Private Corporate 1616.93 1011.69 118.70 NIL NIL

(v) Subsidiaries/ Joint Ventures 869.29 869.29 NIL NIL NIL

(vi) Others 2529.90 2362.99 NIL NIL NIL

(vii) Less: Provision held towards depreciation 108.46 -- -- -- --

and NPI

Total 19794.64 17245.71 128.70 31.25 44.14

Amounts reported under columns 4,5,6 and 7 above are not mutually exclusive.

147
ii) AleM aU-xukM cslk Almi luz : ii) Non-Performing Non SLR Investments:
(` MUQ q) (` in Crore)
uuUh 31.03.2015 31.03.2014 Particulars 31.03.2015 31.03.2014
mUpM zw 284.81 225.76 Opening balance 284.81 225.76
1 Ams M oS uw M SUl 81.83 122.31 Additions during the year 81.83 122.31
xukl since 1st April 2014
Emr Auk M SUl 35.08 63.26 Reductions during the above 35.08 63.26
MOi period
Ci zw 331.56 284.81 Closing balance 331.56 284.81
kUi Ms mukl 281.40 219.81 Total Provisions held 281.40 219.81

4.2.3 mUmYui iM kUi (LcOLq) ua M / x o AU AiUh :

Lc O Lq ua M / x mipir M o AU AiUh M qsr rj 01.04.2014 iM Lc O Lq ua kUi luz M oW qsr
M mc mizi x AkM lW W |
4.2.3 Sale and transfers to/from HTM Category:
The value of sale and transfers of securities to/from HTM category during the year does not exceed ve percent
of the book value of the investment held in HTM category as on 01.04.2014.

4.3 urimllr:
4.3.1 urS SU MUU / ore SU ulqr:
(` MUQ q)
uuUh 31.03.2015 31.03.2014

i. ulqr MUU M Msmi qskl 6692.50 6461.07

ii. MUU M iWi okri M mi m U mU lW Mr el mU WD i 230.23 272.24

iii. ulqr q muz mU oM U xmM M AuzrMi zlr zlr

iv. ulqr x Wlus xZ eZq M xMSh zlr zlr

v. ulqr oW M Eci qsr 229.47 269.62

4.3 Derivatives:
4.3.1 Forward Rate Agreement / Interest Rate Swap: (` in Crore)
Particulars 31.03.2015 31.03.2014

i. The notional principal of swap agreements 6692.50 6461.07

ii. Losses which would be incurred if counter parties failed to fulll their obligations 230.23 272.24
under the agreements

iii. Collateral required by the Bank upon entering into swaps NIL NIL

iv. Concentration of credit risk arising from the swaps NIL NIL

v. The fair value of the swap book 229.47 269.62

148
4.3.2 ulqr urmU ore SU urim : (` MUQ q)
qM uuUh Uz
uw M SUl sr ar ulqr urmU ore SU urim M Msmi qskl M Uz (sZi-uU)
zlr
(i)
a) 8.83 CL 23 MAT 12.12.2041 654.84
b) 8.40 CL MAT 28.07.2024 104.88
rj 31 qc 2015 M ulqr urmU ore SU urim M Msmi qskl Uz zlr
(ii) (sZi-uU)
ulqr urmU ore SU urim oMr M Msmi qskl Uz ij
(iii) erS mpu lW (sZi-uU) zlr

ulqr urmU ore SU urim oMr M SlM oeU qsr ij

(iv) erS mpu lW (sZi-uU) zlr

4.3.2 Exchange Traded Interest Rate Derivatives

(` in Crore)
Sl.No. Particulars Amount

(i) Notional principal amount of exchange traded interest rate derivatives undertaken during
the year ( Instrument Wise ) 654.84
a) 8.83 CL 23 MAT 12.12.2041 104.88
b) 8.40 CL MAT 28.07.2024
(ii) Notional principal amount of exchange traded interest rate derivatives outstanding as on
NIL
31st March 2015 (instrument- wise)
(iii) Notional principal amount of exchange traded interest rate derivatives outstanding and not
NIL
highly effective (instrument- wise)
(iv) Mark-to-market value of exchange traded interest rate derivatives outstanding and not NIL
highly effective (instrument-wise)

4.3.3 urim q eZq xq xok mMOMUh:
I ahiqM mMOMUh
oM M Axir / SriA M ocu uruxj M sL urim
sZi M Emra xok q lSzM qQs U AlqSi UeMw approved by the Board of Directors.
eZq mokl li W |
M) oM M luz xupa q xjU ore SU, eU Mml AU
Axjr ore SU ex uzwiA us Axir lWi
W AU rW ore SU eZq M Akl W | oM M mx
OrU II oQ p W AU rW me sai xjU SU mU W AU
Cxq oWaql uMsm lW W | rW li Cx Sri mU ore SU
x xoki eZq x ocu M p Alqi Si W |
l Mus luz xupa q osM oeU lqh q p ore
SU eZq x ocu M sL oM M urS SU MUU (LT
4.3.3 Disclosure on risk exposure in derivatives:
I Qualitative Disclosure
The Treasury Risk Management Policy for using Derivative
Instruments to hedge banks Assets/Liabilities has been
A) The Investment Portfolio of the Bank consists of
assets with characteristics such as xed interest rate,
zero coupon and oating interest rates and is subject
to interest rate risk. The Bank also has Tier II bonds
hedged for interest rate swaps which do not have
exit options. The policy permits hedging the interest
rate risk on this liability as well.
Bank is permitted to use FRA and IRS (only plain vanilla
transactions are permitted). These instruments are
used not only for hedging the interest rate risk in the
investment portfolio but also for market making.

149
 AU L) AU ore SU xum (ASs-oSs) (AD AU Lx)
AU osMs xS (msl uls) MUoU M mra MUl M
Alqi W |
uSz qS SriA x xoki eZq x ocu x Ezr x
oM urS SU MUU (LT AU L) AU ore SU xum (ASs-
oSs) (AD AU Lx) ex urim M mra MU UW W |
mUxmU qS M AkU mU WqU aWM M AU x uMsm AU
xum M p mra Mr e UW W | oM U uMsm oM
Ua mUp MUl oM W |
uw M SUl oM l luz xupa M ore SU ASs-oSs
(ADAULx) q urim M mra lW Mr W AU urmU
ASs-oSs/qS urim/urS SU MUU p lW Mr W |
Z) oQ U AlqSi eZq mokl lir AU mqZ lrh
xqL ex xOm sx xqL, mim eZq xqL, m u
01, AS Mrzs W | Cl eZq xqA M lrqi m
x laUl AU xq M ei W | eZq mokl xqi M
mok xcl mhs / UmO AukM m x mxii Mr ei
W | oMr urim slSl M ocu uruxj mpuzsi M
lUiU AkU mU AilWi Axi /Sri M xok q laUl
M ei W |
a) ocu M xji
ore urr M Emcr / ore SU xum (AD AU Lx) mU Ar
M Uexu Zi q ql ei W |
oMr urim Mr M laUl ASs-oSs AU AilWi
Axi / Sri M Eci qsr M xok q ocu uruxj
uruWU M U M ei W | oM LTADLqLqQL qsrMl
mi Aji e LxDx miTs ij MmUO qQs M
Amli WL ASs-oSs AU AilWi Axi / Sri M
Eci qsr M lkUh MUi W | AaU ocu mpuMU lW
Wi W i ocu ASs-oSs M OQa ASs-oSs M m
q sr ei W | rS mUmYui x mu xum M xqmi MU
Sr ei W i Ex iUZ iM Lq O Lq Wl / sp AU
Emcr M ore SU xum (ASs-oSs) (AD AU Lx) mU
pail M aD / mmi ore M iWi sZMl Mr ei W |
OQa M xji
xqlr AiUs q OQa xum M oeU mU AMi
Mr ei W AU Ar uuUh q mUuil M UMQ Mr
ei W |
ore urr M Emcr / ore SU xum (AD AU Lx) mU Ar
M urr / Ar ql ei W |
xum M xqmi mU sp r Wl M E zwM M iWi
iiMs Ar r urr M m q UMQ Mr ei W |
Bank has been undertaking derivatives trades like IRS,
FRAs, etc for the purpose of hedging Foreign Currency
liabilities. Options and Swaps are also undertaken on
behalf of clients on back to back basis. The Bank is yet
to start Option book running.
During the year Bank has not undertaken
derivative trades in Interest Rate Swaps (IRS) of the
Investment Portfolio and Trading Swaps / Currency
Derivative / Forward Rate Agreements (FRA) were
also not undertaken.
B) The risk management policies and major control
limits like stop loss limits, counterparty exposure
limits, PV01, etc. approved by the Board of Directors
are in place. These risk limits are monitored and
reviewed regularly. MIS/Reports are submitted
periodically to Risk Management Committee. The
hedge effectiveness of the outstanding derivative
deals are monitored in relation to the underlying
asset/liability on an ongoing basis.
C) Hedge Positions
Accrual on account of interest expenses/ income on
the IRS are accounted and recognized as expense/
income.
Hedge effectiveness of the outstanding derivative
deals are monitored in relation to the fair value of
the swap and underlying asset/liability. Bank has
used the FIMMDA pricing method i.e. relevant G
SEC yield + corporate bonds spread for arriving at
the fair value of the underlying Asset/Liability. If the
hedge is not effective, hedge swaps is accounted as
trading swaps. If swap is terminated before maturity,
the MTM loss / gain and accruals till such date are
accounted as expense/income under Interest Paid /
received on IRS.
Trading Positions
Trading swaps are marked to market at frequent
intervals and changes are recorded in the income
statements.
Accrual on account of interest expenses/ income on
the IRS are accounted and recognized as expense /
income.
Gains or losses on termination of swaps are recorded
as immediate income or expense under the above
head.
150
II mUqhiqM mMOMUh
(` MUQ q)

. x. uuUh qS urim ore SU urim

1 urim (Msmi qskl Uz)

- ocu uruxj zlr 6592.50

- OQa 1121.32* 100.00

2 oeU xjir mU AMi

- Axir (+) zlr 230.23

- SriL (-) -0.01 -0.76

3 Gh eZq zlr 0.65

bUs xqSmUr

qS ore SU qS ore SU
urim urim urim urim

ore SU q LM mizi mUuil M xqlr

4
mpu [100* mu01]-

- ocu uruxj urimr mU zlr zlr zlr 1.01

- OQa urimr mU zlr 0.0058 zlr zlr

uw M SUl mL aL AkMiq u lrliq

5
100* mu01

- ocu uruxj urimr mU zlr zlr zlr zlr

- OQa urimr mU zlr 0.0155/0.0055 zlr zlr

urS xuS [100%mu01] M iWi oMr xji mU ulqr SU q LM mizi mUuil M xqlr mpu : `0.41 MUQ
6
M sp

*Currency future in NSE/MCX

151
II Quantitative disclosure
(` in Crore)

Sl. Particulars Currency Derivatives Interest Rate Derivatives

No.

1 Derivatives (Notional principal amount)

- Hedging Nil 6592.50

- Trading 1121.32* 100.00

2 Marked to Market positions

- Assets (+) Nil 230.23

- Liabilities (-) -0.01 -0.76

3 Credit Exposure NIL 0.65

Domestic Overseas

Currency Interest Rate Currency Interest Rate

Derivative Derivatives Derivative Derivatives

4 Likely impact of one percentage change

in interest rate [100*PV01]

- on hedging derivatives NIL NIL NIL 1.01

- on trading derivatives NIL 0.0058 NIL NIL

5 Maximum and minimum of 100*PV01

observed during the year.

- on hedging NIL NIL NIL NIL

- on trading NIL 0.0155/0.0055 NIL NIL

6 Likely impact of one percentage change in exchange rate on outstanding position under forward contract
[100%PV01]: Gain of `0.41 crore.

*Currency future in NSE/MCX

152
4.4 Axi ahu:
4.4.1 AleM Axir:
(` MUQ q)
uuUh 31.03.2015 31.03.2014
(i) lus Aaq mU lus LlmL (%) 2.65 1.98
(ii) LlmL M EiU- cRu (xMs)
M. mUpM zw 7570.21 6260.16
Z. uw M SUl xukl 10869.53 8443.62
a. uw M SUl Mq 5399.78 7133.57
b. Ci zw 13039.96 7570.21
(iii) lus LlmL M EiU-cRu
M. mUpM zw 5965.46 5278.07
Z. uw M SUl xukl 8174.41 8443.62
a. uw M SUl Mq 5399.78 7756.23
b. Ci zw 8740.09 5965.46
(iv) LlmL Wi mukl M EiU-cRu (qlM Axi xok mukl M NQ MU)
M. mUpM zw 1560.84 932.96
Z. qS AxjUi ij Alr M sL mukl -3.25 30.46
a. uw M SUl Mr ar mukl 4175.71 2238.03
b. o Zi q Qsl / AkM mukl umx MUl 1479.62 1640.61
X. Ci zw 4253.68 1560.84

4.4 Asset Quality:

4.4.1 Non-Performing Assets:
(` in Crore)
Particulars 31.03.2015 31.03.2014
(i) Net NPAs to Net Advances (%) 2.65 1.98
(ii) Movement of NPAs (Gross)
a. Opening balance 7570.21 6260.16
b. Additions during the year 10869.53 8443.62
c. Reductions during the year 5399.78 7133.57
d. Closing balance 13039.96 7570.21
(iii) Movement of Net NPAs
a. Opening balance 5965.46 5278.07
b. Additions during the year 8174.41 8443.62
c. Reductions during the year 5399.78 7756.23
d. Closing balance 8740.09 5965.46
(iv) Movement of provisions for NPAs (excluding Provision on Standard Assets)
a. Opening balance 1560.84 932.96
b. Adjustment towards Exchange Fluctuation & others -3.25 30.46
c. Provisions made during the year 4175.71 2238.03
d. Write off / (Write back) of excess provision 1479.62 1640.61
e. Closing balance 4253.68 1560.84

153
4.4.2 ml: xUci Zi M uuUh:
(` MUQ q)
ml:xUcl M mMU xQAU i M iWi LxLqD Gh ml:xUcl i M iWi

Axi uaMUh
qM qlM AuqlM xSak Wl Ms qlM AuqlM xSak Wl Ms
uuUh
EkUMiA M
42 6 9 1 58 2644 1538 3848 2545 10575
rj ur uw xZr
M 01 Ams M
1 oMr Uz 4485.45 802.12 274.15 239.30 5801.02 524.94 188.80 143.76 46.03 903.53
ml:xUcl Zi
(mUpM AMQ) iSxok
156.99 125.05 212.61 239.30 733.95 18.37 34.80 78.62 46.03 177.04
mukl
EkUMiA M
23 2 5 0 30 7618 614 15 11 8258
xZr
uw M SUl lD
2 oMr Uz 2192.40 73.53 731.37 0.00 2997.30 418.55 53.97 2.85 0.08 475.45
ml:xUcl
iSxok
76.51 11.03 433.89 0.00 521.42 11.00 8.53 1.31 0.08 20.92
mukl
EkUMiA M
4 -3 -1 0 0 209 -98 138 -236 13
xZr
ur uw M SUl
3 ml:xUci qlM oMr Uz 528.70 -500.72 -26.98 0.00 1.00 41.62 -35.59 11.04 -7.01 10.05
h M xiUrl
iSxok
18.50 0.00 0.00 0.00 18.50 1.46 0.00 9.85 -5.72 5.59
mukl

ur uw M EkUMiA M
17 0 0 0 17 590 0 0 0 590
xqmi mU EiU xZr
muklMUh ij/
oMr Uz 1253.81 0.00 0.00 0.00 1253.81 83.19 0.00 0.00 0.00 83.19
r AiU eZq
pU AMwi
MUlus ml:xUci
4
qlM Aaq M
Aas ur uw iSxok
5.02 0.00 0.00 0.00 5.02 0.21 0.00 0.00 0.00 0.21
q ml: xUci mukl
qlM Aaq M
m q SZl M
AuzrMi lW W

EkUMiA M
-16 11 7 1 3 -924 497 286 169 28
xZr
ur uw M SUl
5 ml:xUci Zi M oMr Uz -1601.31 772.54 829.73 122.22 123.19 -136.03 125.66 102.11 90.46 182.20
Aulrl
iSxok
-56.05 -159.71 403.14 122.22 309.61 -4.76 -5.17 18.29 73.51 81.88
mukl

EkUMiA M
-12 -5 2 0 -15 670 505 -19 -23 1133
xZr
ur uw M SUl
6 o Zi Qs aL oMr Uz -2554 -803 404 0 -2953.08 188 83 21 5 297.12
ml:xUci Zi
iSxok
-51 -322 221 0 -152 6 -2 -13 9 -1
mukl

EkUMiA M
48 21 18 2 89 8287 2046 4306 2512 17151
xZr
ur uw M 31
7 qc M ml:xUcl oMr Uz 6905.67 1950.12 1404.46 361.52 10621.77 577.88 249.93 239.04 124.06 1190.92
Zi (Ci AMQ)
iSxok
241.70 298.25 829.14 361.52 1730.60 20.23 39.86 121.33 104.54 285.96
mukl

154
4.4.2 Particulars of Accounts Restructured:
(` in Crore)
TYPE OF RESTRUCTURING UNDER CDR MECHANISM UNDER SME DEBT RESTRUCTURING MECHANISM
Sl.
ASSET CLASSIFICATION SUB SUB
No. STANDARD DOUBTFUL LOSS TOTAL STANDARD DOUBTFUL LOSS TOTAL
DETAILS STANDARD STANDARD

NO OF
42 6 9 1 58 2644 1538 3848 2545 10575
RESTRUCTURE BORROWERS
ACCOUNTS AS
AMOUNT
1 ON APRIL 1 OF 4485.45 802.12 274.15 239.30 5801.02 524.94 188.80 143.76 46.03 903.53
OUTSTANDING
FY(OPENING
FIGURES) PROVISION
156.99 125.05 212.61 239.30 733.95 18.37 34.80 78.62 46.03 177.04
THEREON
NO OF
23 2 5 0 30 7618 614 15 11 8258
BORROWERS
FRESH
AMOUNT
2 RESTRUCTURED 2192.40 73.53 731.37 0.00 2997.30 418.55 53.97 2.85 0.08 475.45
OUTSTANDING
DURING THE YEAR
PROVISION
76.51 11.03 433.89 0.00 521.42 11.00 8.53 1.31 0.08 20.92
THEREON
NO OF
4 -3 -1 0 0 209 -98 138 -236 13
UPGRADATIONS BORROWERS
TO RESTRUCTURED
AMOUNT
3 STANDARD 528.70 -500.72 -26.98 0.00 1.00 41.62 -35.59 11.04 -7.01 10.05
OUTSTANDING
CATEGORY DURING
THE FY PROVISION
18.50 0.00 0.00 0.00 18.50 1.46 0.00 9.85 -5.72 5.59
THEREON
RESTRUCTURED NO OF
17 0 0 0 17 590 0 0 0 590
STANDARD BORROWERS
ADVANCES
WHICH CEASES TO AMOUNT
1253.81 0.00 0.00 0.00 1253.81 83.19 0.00 0.00 0.00 83.19
ATRACT HIGHER OUTSTANDING
PROVISIONING AND/
OR ADDITIONAL RISK
WEIGHT AT THE END
4
OF THE FY
AND HENCE NEED
NOT TO BE SHOWN PROVISION
5.02 0.00 0.00 0.00 5.02 0.21 0.00 0.00 0.00 0.21
AS RESTRUCTURED THEREON
STANDARD
ADVANCES AT THE
BEGINNING OF THE
NEXT FY
NO OF
-16 11 7 1 3 -924 497 286 169 28
BORROWERS
DOWNGRADATIONS
OF RESTRUCTURED AMOUNT
5 -1601.31 772.54 829.73 122.22 123.19 -136.03 125.66 102.11 90.46 182.20
ACCOUNTS DURING OUTSTANDING
THE FY
PROVISION
-56.05 -159.71 403.14 122.22 309.61 -4.76 -5.17 18.29 73.51 81.88
THEREON
NO OF
-12 -5 2 0 -15 670 505 -19 -23 1133
BORROWERS
WRITE OFFs OF
RESTRUCTURED AMOUNT
6 -2554 -803 404 0 -2953.08 188 83 21 5 297.12
ACCOUNTS DURING OUTSTANDING
THE FY
PROVISION
-51 -322 221 0 -152 6 -2 -13 9 -1
THEREON
NO OF
48 21 18 2 89 8287 2046 4306 2512 17151
BORROWERS
RESTRUCTURED
ACCOUNTS AS ON AMOUNT
7 6905.67 1950.12 1404.46 361.52 10621.77 577.88 249.93 239.04 124.06 1190.92
MARCH 31 OF THE FY OUTSTANDING
(CLOSING FIGURES)
PROVISION
241.70 298.25 829.14 361.52 1730.60 20.23 39.86 121.33 104.54 285.96
THEREON

155
 (` MUQ q)
ml:xUcl M mMU ml:xUcl M mMU Alr

Axi uaMUh Axi
qM qlM AuqlM xSak Wl Ms qlM AuqlM xSak Wl
uuUh uaMUh

EkUMiA M
13291 1345 2668 1023 18327 15977 2889 6525 3569 28960
xZr
rj ur uw M 01
1 Ams M ml:xUcl oMr Uz 17946.54 660.22 1055.28 236.27 19898.31 22956.93 1651.14 1473.20 521.60 26602.87
Zi (mUpM AMQ)
iSxok
628.12 100.54 494.19 236.27 1458.96 803.49 260.39 785.42 521.60 2370.90
mukl
EkUMiA M
22183 948 109 92 23332 29824.00 1564 129 103 31620.00
xZr
uw M SUl lD
2 oMr Uz 4365.96 58.16 48.27 1.04 4473.43 6976.91 185.66 782.50 1.12 7946.19
ml:xUcl
iSxok
173.40 9.52 24.31 1.04 208.28 260.91 29.08 459.51 1.12 750.62
mukl
EkUMiA M
536 -298 -54 -147 37 749.00 -399 83 -383 50.00
ur uw M SUl xZr
3 ml:xUci qlM h oMr Uz 479.89 -474.03 -1.19 -2.28 2.38 1050.20 -1010.34 -17.14 -9.28 13.43
M xiUrl iSxok
16.80 0.02 1.25 -1.10 16.97 36.76 0.03 11.10 -6.82 41.06
mukl
ur uw M EkUMiA M
1595 0 0 0 1595 2202.00 0 0 0 2202.00
xqmi mU EiU xZr
muklMUh ij / oMr Uz 2173.38 0.00 0.00 0.00 2173.38 3510.37 0.00 0.00 0.00 3510.37
r AiU eZq
pU AMwi MUlus
4 ml:xUci qlM
Aaq M Aas iSxok
ur uw q ml: 24.49 0.00 0.00 0.00 24.49 29.71 0.00 0.00 0.00 29.71
mukl
xUci qlM Aaq
M m q SZl M
AuzrMi lW W
EkUMiA M
-1738 973 547 398 180 -2678.00 1481 840 568 211.00
ur uw M SUl xZr
5 ml:xUci Zi M oMr Uz -247.48 -60.17 322.56 64.38 79.28 -1984.82 838.03 1254.40 277.06 384.67
Aulrl iSxok
-8.66 -115.14 118.09 64.38 58.67 -69.47 -280.01 539.52 260.11 450.16
mukl
EkUMiA M
4439 530 74 40 5083 5097.00 1030 57 17 6201.00
ur uw M SUl xZr
6 o Zi Qs aL oMr Uz 1210 -186 504 102 1628.92 -1156.55 -942.00 928 107 -1027.04
ml:xUci Zi iSxok
115 -64 136 103 289 69 -387 343 112 137
mukl

EkUMiA M
28238 2438 3196 1326 35198 36573.00 4505 7520.00 3840.00 52438.00
ur uw M 31 qc xZr
7 M ml:xUcl Zi oMr Uz 19161.84 370.53 920.99 197.77 20651.12 26645.40 2570.59 2564.49 683.35 32463.82
(Ci AMQ )
iSxok
670.66 58.86 502.28 197.71 1429.51 932.59 396.97 1452.75 663.77 3446.07
mukl

156
 (` in Crore)
TYPE OF RESTRUCTURING OTHERS TOTAL
Sl.
ASSET CLASSIFICATION SUB SUB
No. STANDARD DOUBTFUL LOSS TOTAL STANDARD DOUBTFUL LOSS TOTAL
DETAILS STANDARD STANDARD

NO OF
13291 1345 2668 1023 18327 15977 2889 6525 3569 28960
BORROWERS
RESTRUCTURE
ACCOUNTS AS AMOUNT
1 17946.54 660.22 1055.28 236.27 19898.31 22956.93 1651.14 1473.20 521.60 26602.87
ON APRIL 1 OF OUTSTANDING
FY(OPENING FIGURES)
PROVISION
628.12 100.54 494.19 236.27 1458.96 803.49 260.39 785.42 521.60 2370.90
THEREON
NO OF
22183 948 109 92 23332 29824.00 1564 129 103 31620.00
BORROWERS
FRESH RESTRUCTURED AMOUNT
2 4365.96 58.16 48.27 1.04 4473.43 6976.91 185.66 782.50 1.12 7946.19
DURING THE YEAR OUTSTANDING
PROVISION
173.40 9.52 24.31 1.04 208.28 260.91 29.08 459.51 1.12 750.62
THEREON
NO OF
536 -298 -54 -147 37 749.00 -399 83 -383 50.00
BORROWERS
UPGRADATIONS
TO RESTRUCTURED AMOUNT
3 479.89 -474.03 -1.19 -2.28 2.38 1050.20 -1010.34 -17.14 -9.28 13.43
STANDARD CATEGORY OUTSTANDING
DURING THE FY
PROVISION
16.80 0.02 1.25 -1.10 16.97 36.76 0.03 11.10 -6.82 41.06
THEREON
RESTRUCTURED NO OF
1595 0 0 0 1595 2202.00 0 0 0 2202.00
STANDARD ADVANCES BORROWERS
WHICH CEASE TO
ATTRACT HIGHER AMOUNT
2173.38 0.00 0.00 0.00 2173.38 3510.37 0.00 0.00 0.00 3510.37
PROVISIONING AND/ OUTSTANDING
OR ADDITIONAL
RISK WEIGHT AT
4
THE END OF THE FY
AND HENCE NEED
NOT TO BE SHOWN PROVISION
24.49 0.00 0.00 0.00 24.49 29.71 0.00 0.00 0.00 29.71
AS RESTRUCTURED THEREON
STANDARD ADVANCES
AT THE BEGINNING OF
THE NEXT FY
NO OF
-1738 973 547 398 180 -2678.00 1481 840 568 211.00
BORROWERS
DOWNGRADATIONS
OF RESTRUCTURED AMOUNT
5 -247.48 -60.17 322.56 64.38 79.28 -1984.82 838.03 1254.40 277.06 384.67
ACCOUNTS DURING OUTSTANDING
THE FY
PROVISION
-8.66 -115.14 118.09 64.38 58.67 -69.47 -280.01 539.52 260.11 450.16
THEREON
NO OF
4439 530 74 40 5083 5097.00 1030 57 17 6201.00
BORROWERS
WRITE OFFs OF
RESTRUCTURED AMOUNT
6 1210 -186 504 102 1628.92 -1156.55 -942.00 928 107 -1027.04
ACCOUNTS DURING OUTSTANDING
THE FY
PROVISION
115 -64 136 103 289 69 -387 343 112 137
THEREON
NO OF
28238 2438 3196 1326 35198 36573.00 4505 7520.00 3840.00 52438.00
BORROWERS
RESTRUCTURED
ACCOUNTS AS ON AMOUNT
7 19161.84 370.53 920.99 197.77 20651.12 26645.40 2570.59 2564.49 683.35 32463.82
MARCH 31 OF THE FY OUTSTANDING
(CLOSING FIGURES)
PROVISION
670.66 58.86 502.28 197.71 1429.51 932.59 396.97 1452.75 663.77 3446.07
THEREON

157
4.4.3 Axi ml:xUcl M sL Mml mipiMUh / Mml 4.4.3 Details of nancial assets sold to Securitization/
ml:xUcl M oc aD ur Axir M uuUh: Reconstruction Company for Asset Reconstruction:
(` MUQ q) (` In Crore)

uuUh 31.03.2015 31.03.2014 Particulars 31.03.2015 31.03.2014

i. Zi M xZr 66 60 i. No. of accounts 66 60

ii. Lxx / AUx M oc ar ii. Aggregate value (net of

Zi M xqa qsr (lus provisions) of accounts
mukl) 497.51 709.96 sold to SC/RC 497.51 709.96

iii. xqa miTs* 906.00 1166.36 iii. Aggregate consideration* 906.00 1166.36

iv. mu M uw q AiUi iv. Additional consideration

Zi M xok q uxs realized in respect of
Mr ar AiU accounts transferred in
miTs sa lW sa lW earlier years NA NA

v. lus oW qsr mU v. Aggregate Gain over Net

xqa sp 408.49 456.40 Book Value 408.49 456.40

4.4.4 ZUS / oc aD AleM ur Axir M uuUh: 4.4.4 Details of non-performing nancial assets
purchased / sold:

M) ZUS aD AleM ur Axir M uuUh A. Details of non-performing nancial assets

purchased
(` MUQ q) (` In Crore)
uuUh 31.03.2015 31.03.2014 Particulars 31.03.2015 31.03.2014
1 M. uw M SUl zlr zlr
1 a. No. of accounts NIL NIL
ZUS ar Zi
purchased during
M xZr
the year

Z. xqa sa lW sa lW b. Aggregate NA NA
miTs consideration

2. M. Elq x uw M sa lW sa lW 2. a. Of these, number of NA NA

SUl ml xUclMi accounts restructured
Zi M xZr during the year

Z. xqa oMr sa lW sa lW b. Aggregate outstanding NA NA

158
Z) oc ar AleM ur Axir M uuUh: B. Details of non-performing nancial assets sold
(` MUQ q) (` In Crore)

uuUh 31.03.2015 31.03.2014 Particulars 31.03.2015 31.03.2014

i. oc ar Zi M xZr 66 60 i. No. of accounts sold 66 60

ii. xqa oMr 1200.11 1479.74 ii. Aggregate outstanding 1200.11 1479.74

iii. mmi xqa 906.00 1166.36 iii. Aggregate consideration 906.00 1166.36
miTs received

4.4.5 mipiMi Mqmlr (Lx x) / mlxUci Mqmlr (AU x) M AleM ur Axir oc el:
(` MUQ q)

LlmL U xqji AilWi M iU mU

LlmL U AilWi M iU
uuUh Alr oM/ur xxjl/aU oMa Ms
mU oM U oc ar
ur Mqmlr U oc ar

mipi UxS q mNs uiql mNs uiql mNs uiql

luz M oW qsr uw uw uw uw uw uw

709.96 497.51 zlr zlr 709.96 497.51

4.4.5 Sale of non-performing assets (NPAs) to Securitisation Company (SCs)/Reconstruction

Companies (RCs).
(` In Crore)

Backed by NPAs sold by other

Backed by NPAs sold by banks/ nancial institutions/ non
Particulars Total
the Bank as underlying banking nancial companies as
underlying

Book value
Previous Current Previous Current Previous Current
of investments in
year year year year year year
security receipts

709.96 497.51 Nil Nil 709.96 497.51

159
4.4.6 qlM Axi xok mukl: 4.4.6 Provisions on Standard Asset:
(` MUQ q) (` In Crore)

uuUh 31.03.2015 31.03.2014 Particulars 31.03.2015 31.03.2014

qlM Axir mU 1870.25 1715.38 Provisions towards Standard 1870.25 1715.38

mukl Assets

4.5 MUoU Almi: 4.5 Business Ratios:

uuUh 31.03.2015 31.03.2014 Particulars 31.03.2015 31.03.2014

i. Mrzs lk M 8.88 8.80 i. Interest income as a 8.88 8.80

mizi M m q ore percentage to Working
Ar (%) Funds (%)

ii. Mrzs lk M 0.92 0.87 ii. Non-interest income as 0.92 0.87

mizi M m q aU-ore a percentage to Working
Ar (%) Funds (%)

iii. Mrzs lk M 1.41 1.51 iii. Operating Prot as a 1.41 1.51

mizi M m q percentage to Working
mUcsliqM sp (%) Funds (%)

iv. Axir mU miTs (%) 0.55 0.54 iv. Return on Assets (%) 0.55 0.54

v. mi MqcU MUoU (eq 1435.02 1438.38 v. Business (Deposits plus 1435.02 1438.38
ij Aaq M qsMU) Advances) per employee
[` sZ q] [` in lakhs]

vi. mi MqcU sp 0.05 0.05 vi. Prot per employee 0.05 0.05
[` MUQ q] [` in crore]

160
4.6 Axi Sri mokl:
Axi ij Sri M MNM qS M mUmYui xum: (` MUQ q)
uSz qS uSz qS
uuUh eq Aaq luz EkU Axir SriL
1 Sl 4072.31 17135.04 211.25 1100.00 3600.93 860.24
(5866.00) (9488.00) (237.97) (3000.00) (1532.26) (1239.95)
2 x 07 Sl iM 15662.94 11513.17 2500.00 287.48 1744.34 3886.11
(26984.00) (13636.00) (549.02) (1936.43) (3461.26) (3305.22)
8 x 14 Sl iM 12729.60 8622.58 5.00 0.00 3073.59 3287.62
(12565.00) (11119.00) (55.63) (275.61) (1475.28) (1410.29)
15 x 28 Sl iM 16211.67 14575.33 347.54 446.06 2564.25 2205.90
(14254.00) (16231.00) (630.41) (149.79) (2271.01) (1492.02)
29 Sl x 3 qWl iM 46182.82 28135.10 6867.80 3740.43 9798.76 11351.41
(41560.00) (20701.00) (2406.82) (2261.38) (7551.54) (7586.70)
3 qWl x 6 qWl iM 38531.94 20837.77 3394.47 1347.27 4882.25 7781.87
(35584.00) (21463.00) (1340.02) (2158.69) (6054.11) (9633.45)
6 qWl x 1 uw iM 132437.70 47128.30 5081.73 1726.27 10926.29 9678.39
(128792.00) (40135.00) (2227.65) (1265.20) (8566.44) (4805.09)
1 uw x 3 uw iM 167375.63 82604.60 16868.52 5984.34 6240.47 1506.87
(129055.00) (76365.00) (12332.09) (5735.17) (3825.78) (5279.81)
3 uw x 5 uw iM 21443.81 35902.27 32567.18 3450.09 2874.14 4041.56
(11232.00) (27975.00) (30092.29) (4358.77) (1972.76) (3026.43)
5 uw x FmU 19191.68 63581.35 77502.69 7589.60 3561.01 4666.06
(14832.00) (63954.00) (76998.41) (6089.60) (2306.04) (1237.52)
Ms 473840.10 330035.51 145346.18 25671.57 49266.03 49266.03
(420724.00 (301067.00) (126870.31) (27230.64) (39016.48) (39016.48)
(mNs uw x xoki AMQ MM q Sr aL W)
(rj mokl U xMsi u mqhMi ij sZ mUM U Ai)

4.6 Asset Liability Management:

Maturity pattern of certain items of assets and liabilities: (` in Crore)
Foreign Currency Foreign Currency
Particulars Deposits Advances Investments Borrowings Assets Liabilities
1 day 4072.31 17135.04 211.25 1100.00 3600.93 860.24
(5866.00) (9488.00) (237.97) (3000.00) (1532.26) (1239.95)
2 to 7 days 15662.94 11513.17 2500.00 287.48 1744.34 3886.11
(26984.00) (13636.00) (549.02) (1936.43) (3461.26) (3305.22)
8 to 14 days 12729.60 8622.58 5.00 0.00 3073.59 3287.62
(12565.00) (11119.00) (55.63) (275.61) (1475.28) (1410.29)
15 to 28 days 16211.67 14575.33 347.54 446.06 2564.25 2205.90
(14254.00) (16231.00) (630.41) (149.79) (2271.01) (1492.02)
29 days to 3 months 46182.82 28135.10 6867.80 3740.43 9798.76 11351.41
(41560.00) (20701.00) (2406.82) (2261.38) (7551.54) (7586.70)
3 months to 6 months 38531.94 20837.77 3394.47 1347.27 4882.25 7781.87
(35584.00) (21463.00) (1340.02) (2158.69) (6054.11) (9633.45)
6 months to 1 year 132437.70 47128.30 5081.73 1726.27 10926.29 9678.39
(128792.00) (40135.00) (2227.65) (1265.20) (8566.44) (4805.09)
1 year to 3 years 167375.63 82604.60 16868.52 5984.34 6240.47 1506.87
(129055.00) (76365.00) (12332.09) (5735.17) (3825.78) (5279.81)
3 years to 5 years 21443.81 35902.27 32567.18 3450.09 2874.14 4041.56
(11232.00) (27975.00) (30092.29) (4358.77) (1972.76) (3026.43)
Over 5 years 19191.68 63581.35 77502.69 7589.60 3561.01 4666.06
(14832.00) (63954.00) (76998.41) (6089.60) (2306.04) (1237.52)
Total 473840.10 330035.51 145346.18 25671.57 49266.03 49266.03
(420724.00 (301067.00) (126870.31) (27230.64) (39016.48) (39016.48)
(Figures in brackets relate to previous year)
(As compiled and certied by the management and relied upon by the auditors)

161
4.7 Gh eZq:
4.7.1 xjuU xmS q Gh eZq:
(` MUQ q)
h 31.03.2015 31.03.2014
M) mir Gh eZq 21622.52 17039.39
Auxr okM 18019.93 14210.20
- Auxr xmii M okM U Gh mh m x xUi W e EkUMi U ApaWi Mr eLa
r MUL mU Sr ar W |
- exq x urai Aux Gh mjqMi Aaq q zqs ML el M sL m W 9071.83 8984.47
(ii) uherM xjuU xmS 3601.96 2828.19
- uherM xjuU xmS mU okM M U xUi EkU (Mrsr pul, UOs xmx, oW Ezr
uherM mUxU, oW mUuU lux pul, AaM r urUWEx xjl, WOs, pq Ael, uMx
u xUcl AS)| eZq q aU-lk AkUi xq p zqs W|
(iii) okM xqji mipi (LqoLx) q luz ij Alr mipi Gh eZq 0.63 1.00
M. Auxr 0.63 1.00
Z. uherM xjuU xmS zlr zlr
Z) Amir Gh eZq 7808.02 9515.30
Ur Aux oM (LlLco) ij Aux u Mmlr (LcLTx) xok lk AkUi ij aU 7808.02 9515.30
lk AkUi Gh eZq
xjuU xmS M Ms Gh eZq 29430.54 26554.69
(rj mokl U xMsi u mqhMi ij sZ mUM U Ai)

4.7 Exposures:
4.7.1 Exposure to Real Estate Sector:
(` in Crore)
Category 31.03.2015 31.03.2014
a) Direct Exposure 21622.52 17039.39
(i) Residential Mortgages 18019.93 14210.20
- lending fully secured by Mortgages on residential property that is or will be occupied
by the borrower or that is rented
- Of which, individual Housing Loans eligible for inclusion in priority sector advances 9071.83 8984.47
(ii) Commercial Real Estate 3601.96 2828.19
- Lending secured by mortgages on commercial real estates (ofce buildings, retail
space, multi-purpose commercial premises, multi-family residential buildings, multi-
tenanted commercial premises, industrial or warehouse space, hotels, land acquisition,
development and construction, etc). Exposure also include non-fund based (NFB) limits.
(iii) Investments in Mortgage Backed Securities (MBS) and other securitized exposures - 0.63 1.00
a. Residential 0.63 1.00
b. Commercial Real Estate NIL NIL
b) Indirect Exposure 7808.02 9515.30
Fund based and non-fund based exposures on National Housing Bank (NHB) and Housing 7808.02 9515.30
Finance Companies (HFCs)
Total Exposure to Real Estate Sector 29430.54 26554.69
(As compiled and certied by the management and relied upon by the auditors)

162
4.7.2 me oeU q Gh eZq:
(` MUQ q)

uuUh 31.03.2015 31.03.2014

i. DYuO zrU, mUuilr okm, mUuilr QocU AU DYuO ElqZ mUxmU lkr q 1281.39 1064.79
mir luz exM AUpM lk lii m x MUmUO Gh q lu lW M aD

ii. zrU / oQ / QocU r Alr mipir M Lue q r oeqli AkU mU zrU 10.30 zlr
(ADmA/DLxmA xWi), mUuilr oQ, mUuilr QocU ij qrcAs TQ ElqZ
DYuO CMDr q luz Wi urr M Sr ar Aaq

iii. Mx Alr mrel M sL Aaq eW zrU r mUuilr okm r mUuilr QocU r 61.40 673.58
DYuO ElqZ mUxmU lkr M CMDr M mjqM mipi M m q sr ar W |

iv. Aaq r mUuilr okm r mUuilr DYuO ElqZ mUxmU lk M CMDr M 77.00 zlr
xmM mipi U mipi Mr el iM Mx Alr mrel M sL Aaq rl zrU
/ mrel oQ / mUuilr QocU / DYuO ElqZ mUxmU lkr M CMDr M NQMU
mjqM mipi Aaq M mhir muUi lW MUi |

v. xOM oMU M mipi AU Amipi Aaq AU xOM oMU ij umh lqiA M m 662.27 730.70
q lai aUOr

vi. xi M LMi MUl M mirz q lD Mmlr q DYuO MUl M sL mreM M 0.10 zlr
AzSl mU MUl M sL zrU / oQ / QocU M mipi q r Alr mipir M mipi
M Lue q r ozir MmUO M xuMi Aaq |

vii. mirzi DYuO muW / CzrA M Lue q Mmlr M mUM Gh | NIL zlr

viii. zrU r mUuilr okm r mUuilr QocU r DYuO ElqZ mUxmU lk M rlO M NIL zlr
AUpM Czr M qqs q oM U s aD WqSU ucloir |

ix. qel urmU M sL xOM oMU M u mwh NIL zlr

x. ucU me lkr q xU eZq meMi AU AmeMi, Sl me oeU q Ms eZq 363.96 411.15

me oeU M Ms Gh eZq 2456.42 2880.22

163
4.7.2 Exposure to Capital Market:
(` in Crore)

Particulars 31.03.2015 31.03.2014

i. Direct Investment in Equity Shares, convertible bonds, convertible debentures 1281.39 1064.79
and units of equity oriented mutual funds the corpus of which is not exclusively
invested in corporate debt.

ii. Advances against shares/bonds/debentures or other securities or on clean basis 10.30 NIL
to individuals for investment in shares (including IPOs/ESOPs), convertible bonds,
convertible debentures and units of equity oriented mutual funds.

iii. Advances for any other purposes where shares or convertible bonds or convertible 61.40 673.58
debentures or units of equity oriented mutual funds are taken as primary security.

iv. Advances for any other purposes to the extent secured by the collateral security of 77.00 NIL
shares or convertible bonds or convertible debentures or units of equity oriented
mutual funds i.e. where the primary security other than shares/convertible bonds/
convertible debentures/units of equity oriented mutual funds does not fully cover
the advances.

v. Secured and unsecured advances to stockbrokers and guarantees issued on behalf 662.27 730.70
of stock brokers and market makers

vi. Loans sanctioned to corporate against the security of shares/bonds/debentures 0.10 NIL
or other securities or on clean basis for meeting promoters contribution to the
equity of new companies in anticipation of raising resources.

vii. Bridge loans to companies against expected equity ows/issues NIL NIL

viii. Underwriting commitments taken up by the Banks in respect of primary issue of NIL NIL
shares or convertible bonds or convertible debentures or units of equity oriented
mutual funds

ix. Financing to stockbrokers for margin trading NIL NIL

x. All exposures to Venture Capital Funds (both registered and unregistered) 363.96 411.15

Total Exposure to Capital Market 2456.42 2880.22

164
4.7.3 eZq huU Sz M Gh eZq:
Lx Sz M xSp q eW oM M lus lkM Gh eZq ExM Ms Axir M 1% r erS W i oM M Sz-eZq
M mukl MUl M AuzrMi W| rj 31.03.2015 M rlCOQ MaQq (lahr eZq - L1) u WaMa (lql eZq L2 -
h) M xj oM M lus lkM Gh eZq CxM Ms Axir M 1% x erS WA W ij AuzrM mukl olr ar
W|
(` MUQ q)
rj 31.03.2015 rj 31.03.2015 rj 31.03.2014
rj 31.03.2014
eZq h M Gh eZq M kUi M Gh eZq
M kUi mukl
(lus) mukl (lus)

lahr 12659.96 6.17 10775.60 zlr

Mq 20367.49 8.12 21876.47 6.84

xqlr 1568.85 zlr 2223.46 zlr

E 7.05 zlr 82.19 zlr

oWi erS 96.61 zlr 0.87 zlr

mioki 0.00 zlr 0.00 zlr

BT- QO 2.73 zlr 1.75 zlr

Ms 34702.69 14.29 34960.34 6.84

4.7.3 Risk Category-wise Country Exposure:

In respect of the Country for which the Banks net funded exposure is 1% or more of its total assets, the Bank is
required to make provision for Country Risk. As on 31.03.2015 in the case of United Kingdom (Insignicant Risk
A1) & Hong Kong ( Low Risk category A2) the Net funded exposure exceeds 1% of the total assets, for which the
required provision is made.
(` in Crore)
Exposure (net) Provision held Exposure (net) Provision held
Risk Category as at as at as at as at
31.03.2015 31.03.2015 31.03.2014 31.03.2014
Insignicant 12659.96 6.17 10775.60 NIL
Low 20367.49 8.12 21876.47 6.84
Moderate 1568.85 NIL 2223.46 NIL
High 7.05 NIL 82.19 NIL

Very High 96.61 NIL 0.87 NIL

Restricted 0.00 NIL 0.00 NIL

Off-credit 2.73 NIL 1.75 NIL

TOTAL 34702.69 14.29 34960.34 6.84

165
4.7.4 oM U u M ar LMs EkUMi xq (LxeLs)
ij xqW EkUMi xq (eoLs) M uuUh:
oM M Mx p xqW Zi M qqs q lkUi uuMmh
Gh eZq xq x AkM lW W ij AkUpi xUcl
mUrelA q r Brs Mmlr M sL LMs EkUMi
M lrei Mr ar W |
4.7.4 Details of Single Borrower Limit (SGL) / Group
Borrower Limit (GBL) exceeded by the Bank:
The Bank has not exceeded the prudential credit
exposure limits prescribed for group accounts and
single borrower engaged in infrastructure projects
or for Oil Companies.

4.7.5 aU eqli Aaq: 4.7.5 Unsecured Advances:

(` MUQ q) (` in Crore)

uuUh 31.03.2015 31.03.2014 Particulars 31.03.2015 31.03.2014

Ms aU eqli Aaq 56736.25 49002.74 Total Unsecured Advance 56736.25 49002.74

exq x Out of which

i) xmM M m q oM mU
mpUi Aqi mipir ex
AkMU, sCxx, mkMUh
AS M mpU mU oMr Aaq
M Uz
5094.56 4863.02 i) Amount of advances 5094.56 4863.02
outstanding against charge
over intangible securities
such as rights, licenses,
authorizations etc. charged
to the Bank as collateral

ii) Lx Aqi mipir 7689.29 9276.59 ii) The estimated value of such 7689.29 9276.59
(E (i) M AlxU) M intangible securities (as in (i)
xpui qsr above)

(rj mokl U xMsi ij sZ mUM U Ai) (As Compiled by Management and relied upon by Auditor)

4.8 uuk: 4.8. Miscellaneous:

4.8.1 uw M SUl ArMU Wi Mr ar mukl M Uz:
uuUh
ArMU Wi mukl 795.00
(xm MU ij Axjai
MU xWi)
4.8.2 pUir Ueu oM U sar
sar ar SQ M mMOMUh:
ur uw 2014-15 M SUl oM ulrq Aklrq, 1949
M kU 47L(1)(x) M xj mPlr kU 47A(1) ij Tq
M kU 11 M Em kU (3) M AlxU pUir Ueu oM
U ulS lrq r zi M Almsl lW ML el M
sL oM mU `0.10 MUQ M SQ sar ar W| oM l
SlM 04.08.2014 M pUir Ueu oM M `0.10 MUQ
M E SQ Uz mSl Mr W |
5. sZMl qlSQ:
pUir xlS sZMU xxjl U eU Mr aL uuk
sZMl qlSQ M iWi mMOMUh AmA M xok q
pUir Ueu oM U eU Mr aL SzlSz M Almsl
q, lqlsZi xcl M mMOMUh Mr ei W:
4.8.1 Amount of Provisions made for Income Tax during
the year:
(` MUQ q) (` in Crore)
31.03.2015 31.03.2014 Particulars 31.03.2015 31.03.2014
625.00 Provision for Income Tax 795.00 625.00
(including Wealth tax and
Deferred tax)
4.8.2 Disclosure of Penalties imposed by RBI:
During the nancial year 2014-15, the Bank has
been subjected to an aggregate penalty of Rs 0.10
Crore in terms of Section 47A(1) of the Banking
Regulation Act, 1949 for non compliance of the
Reserve Bank of India instructions. Bank has paid
penalty amount of Rs.0.10 Crore to Reserve Bank of
India on 04.08.2014.
5. Accounting Standards:
In compliance with the guidelines issued by the
RBI regarding disclosure requirements of the
various Accounting Standards issued by Institute of
Chartered Accountants of India (ICAI), the following
information is disclosed:

166
5.1 sZMl qlSQ 5 - lS Auk M sL lus
sp / Wl, muuk qS AU sZMl lir q
mUuil:
CxM mWs M Auk M MD qS lW W |
5.2 sZMl qlSQ 15 - MqcU Wisp
EmSl, mzl ij uzwkMU N SriA M uiql
qsr AU oM M raSl M lkUh MUl M sL up
qlM M lkUi MU lqlsZi M sL oqMM
Alql Mr aL W :
- qSxTi, uUi, mSi AU ClxOO BT cOQ
AMElOOx BT CQr U eU Mr aL sZMl
qlSQ 15(xzki) M Alr bOM M krl q UZi
WL uil q oRU M ei W |
- uai uw AU mirzi puwr M Alpu M xSp q
x SU AU Cxq qir M NQMU Alr xp AWUh
sMl uMsai M MUh WL AWUh zqs W |
- Axuxji AuMz M sL sZ-oW q mukl lW
olL aL W YrM CxM lMSMUh lW Mr e
xMi W, eo MD MqcU Axuxji AuMz si
W i Ex MqcU M oSs q MD AiU MqcU
mSl lW Mr ei W ij Axuxji AuMz M
sL MD Lue pail lW Mr ei W |
5.1 Accounting Standard 5 Net Prot/Loss for
the period, prior period items and changes in
accounting policies:
There are no material prior period items
5.2 Accounting Standard 15 Employee Benets
The actuarial assumptions in respect of gratuity,
pension and privilege leave, for determining the
present value of obligations and contributions
of the bank, have been made by xing various
parameters for
- Salary escalation by taking into account
ination, seniority, promotion and other factors
mentioned in Accounting Standard 15(Revised)
issued by ICAI.
- Attrition rate by reference to past experience
and expected future experience and includes
all types of withdrawals other than death but
including those due to disability.
- Provision towards sick leave has not been
made in the books of account due to the reason
that the same is not encashable, no additional
staff being provided when an employee avails
sick leave and there will not be any pay out on
account of sick leave.

qskl oqMM Alql

uuUh EmSl mzl uzwkMU N
Urri SU 8.00% 8.00% 8.00%
Axir mU mirzi UOl 9.15% 9.15% zlr
uil q oRU 5.50% 5.50% 5.50%
mzl q oRU zlr 2.00% zlr
AD L Ls Lq AD L Ls Lq AD L Ls Lq
qir SU
(2006-08) AkUpi (2006-08) AkUpi (2006-08)AkUpi

Principal Actuarial Assumptions

Particulars Gratuity Pension Privilege Leave
Discount Rate 8.00% 8.00% 8.00%
Expected Return on Assets 9.15% 9.15% NIL
Salary Escalation 5.50% 5.50% 5.50%
Pension Escalation NIL 2.00% NIL
Mortality IALM (2006-08) IALM (2006-08) IALM (2006-08)
Ultimate Ultimate Ultimate

167
Sriu ij Axir q 31 qc, 2015 M xqmi uw M SUl mUuil
(` MUQ q)
M. mUpwi Sriu sp q mUuil
EmSl mzl uzwkMU N
1 uw M zAi q Q o A 1610.34 9035.86 724.22
2 xu sai 37.88 182.60 35.91
3 ore sai 138.28 805.27 66.99
4 oqMM Wlr / (sp) 108.81 269.80 (26.74)
5 sp pail (230.77) (660.39) zlr
6 uw M Ai q Q o A 1664.54 9633.14 800.38

Z. Axir M Eci qsr q mUuil EmSl mzl uzwkMU N

1 uw M zAi q relai Axir M Eci qsr 1567.50 8896.09 -
2 relai Axir mU mirzi UOl 140.91 800.69 -
3 uxiuM Mml AzSl 175.68 369.54 -
4 oqMM sp / (Wlr) (135.52) (205.77) -
5 sp pail (230.77) (660.39) -
6 uw M Ai q relai Axir M Eci qsr 1517.79 9200.16 -

Change in obligation and assets over the year ending 31 Mar 2015
(` in Crore)
A Changes in Dened Benet Obligation (DBO)
Gratuity Pension Privilege Leave
1 DBO at beginning of the year 1610.34 9035.86 724.22
2 Service Cost 37.88 182.60 35.91
3 Interest Cost 138.28 805.27 66.99
4 Actuarial Losses / (Gains) 108.81 269.80 (26.74)
5 Benet Payments (230.77) (660.39) Nil
6 DBO at end of the year 1664.54 9633.14 800.38

(` in Crore)
B Changes in Fair Value of Assets Gratuity Pension Privilege Leave
1 Fair Value of Plan Assets at beginning of the year 1567.50 8896.09 -
2 Expected Return on plan assets 140.91 800.69 -
3 Actual company contributions 175.68 369.54 -
4 Actuarial Gain / (Loss) (135.52) (205.77) -
5 Benets payments (230.77) (660.39) -
6 Fair Value of Plan Assets at the end of the year 1517.79 9200.16 -

168
Alpuai CiWx
(` MUQ q)
EmSl mzl uzwkMU N
1 uw M Ai q mUpwi Sriu sp 1664.54 9633.14 800.38
2 uw M Ai q relai Axir 1517.79 9200.16 -
3 lkrl xji (146.75) (432.99) (800.38)
4 relai SriA q Alpuai xqrel 61.98 260.77 (133.13)
5 relai Axir q Alpuai xqrel (135.52) (205.77) -

Experience History
(` in Crore)
Gratuity Pension Privilege Leave
1 Dened Benet Obligation at end of the year 1664.54 9633.14 800.38
2 Plan Assets at end of the year 1517.79 9200.16 -
3 Funded Status (146.75) (432.99) (800.38)
4 Experience adjustments on plan liabilities 61.98 260.77 (133.13)
5 Experience adjustments on plan assets (135.52) (205.77) -

(` MUQ q)
rj 31 qc, 2015 M islm q qlri mmi lus Axi / Sri
EmSl mzl uzwkMU N
1 Sriu sp M uiql qsr 1664.54 9633.14 800.38
2 relai Axir M Eci qsr 1517.79 9200.16 -
3 lkrl xji (Akzw / (bO) (146.75) (432.99) (800.38)
4 islm q qlri mmi lus Axi / (Sri) (146.75) (432.99) (800.38)

(` in Crore)
Net Asset (Liability) Recognized in Balance Sheet - 31 March 2015
Gratuity Pension Privilege Leave
1 Present value of Dened Benet Obligation 1664.54 9633.14 800.38
2 Fair Value of Plan Assets 1517.79 9200.16 -
3 Funded Status [Surplus/(Decit)] (146.75) (432.99) (800.38)
4 Net Asset / (Liability) recognized in the Balance Sheet (146.75) (432.99) (800.38)

169
31 qc, 2015 M xqmi uw M sL lr urr mMOl
(` MUQ q)
lr urr M bOM
EmSl mzl uzwkMU N
1 uiql xu sai (mhir oqMi xukA M sL
eZq mqrq xWi) 37.88 182.61 35.91
2 ore sai 138.28 805.27 66.99
3 relai Axir q mirzi UOl (140.91) (800.69) -
4 oqMM Wlr / (sp) 244.33 475.56 (26.74)
5 sp-Wl Zi q qlri mmi Ms lr urr 279.75 662.75 76.16

Disclosure of Employer Expense for the year ending 31 Mar 2015

(` in Crore)
Components of Employer Expense
Gratuity Pension Privilege Leave
1 Current Service Cost (including risk premiums for
fully insured benets) 37.88 182.61 35.91
2 Interest Cost 138.28 805.27 66.99
3 Expected Return on Plan Assets (140.91) (800.69) -
4 Actuarial Losses / (Gains) 244.33 475.56 (26.74)
5 Total Employer Expense recognized in P&L 279.75 662.75 76.16

islm q qlri mmi lus Axi / Sri - 31 qc, 2015

(` MUQ q)
EmSl mzl uzwkMU N
1 Sriu M uiql qsr 1664.54 9633.14 800.38
2 relai Axir M Eci qsr 1517.79 9200.16 -
3 lkrl xji (Akzw / (bO) (146.75) (432.99) (800.38)
4 islm q qlri mmi lus Axi / (Sri) (146.75) (432.99) (800.38)

Net Asset/(liability) Recognised in Balance Sheet - 31 Mar 2015

(` in Crore)
Gratuity Pension Privilege Leave
1 Present value of Dened Benet Obligation 1664.54 9633.14 800.38
2 Fair Value of Plan Assets 1517.79 9200.16 -
3 Funded Status [Surplus / (Decit)] (146.75) (432.99) (800.38)
4 Net Asset / (Liability) recognized in the Balance Sheet (146.75) (432.99) (800.38)

170
uw xqml 31.03.2015 Wi oslx zO q mkMi lus Axir / SriA M xqkl
(` MUQ q)

EmSl mzl uzwkMU N

1 Auk M AUp q lus Axi/(Sri) (42.84) (139.77) (724.22)

lr urr
2 278.59 662.75 76.16

lr AzSl
3 175.68 369.54 -

AkaWh / MUoU xrel

4 - - -

Auk M xqml mU lus Axi / (Sri)

5 146.75 432.99 800.38

Reconciliation of Net Assets/Liabilities recognized in Balance Sheet for the year ended 31.03.2015
(` in Crore)

Gratuity Pension Privilege Leave

1 Net Asset/(Liability) at the beginning of the period (42.84) (139.77) (724.22)

2 Employer Expenses 278.59 662.75 76.16

3 Employer Contributions 175.68 369.54 -

4 Acquisitions/Business Combinations - - -

5 Net Asset/(Liability) at the end of the period 146.75 432.99 800.38

171
5.3 sZMl qlSQ- 17
17-
- ZQ UmOa:
pa M - MUoU ZQ: (` MUQ q)
xqmi uw
MUoU ZQ
31.03.2015 31.03.2014
(M) ZQ Uexu
1 UeMw mUcsl 12201.37 11079.17
2 ZSU oMa mUcsl 12582.47 10788.38
3 jM oMa mUcsl 22818.09 20806.56
4 Alr oMa mUcsl 0.00 0.00
5 aU AuOi 698.36 806.26
Ms 48300.29 43480.37
(Z) ZQ mUhq
1 UeMw mUcsl 1569.12 1463.00
2 ZSU oMa mUcsl 1221.35 1722.43
3 jM oMa mUcsl 3548.66 2946.74
4 Alr oMa mUcsl 0.00 0.00
Ms 6339.13 6132.17
(a) aU AuOi Ar / urur 611.24 664.02
(b) mUcsl sp 6950.37 6796.19
(X) mukl AU AMxqMiL 3452.74 3733.00
(c) Ar MU 795.00 625.00
(N) lus sp 2702.63 2438.19
(e) ZQ Axir *

1 UeMw mUcsl 192632.54 167100.83

2 ZSU oMa mUcsl 117466.87 99619.98
3 jM oMa mUcsl 217195.46 209370.03
4 Alr oMa mUcsl 0.00 0.00
5 aU AuOi Axir 15299.84 10332.76
Ms 542594.71 486423.60
(f)) ZQ SriL
1 UeMw mUcsl 50848.56 51466.11
2 ZSU oMa mUcsl 251281.63 183552.33
3 jM oMa mUcsl 183254.51 199789.78
4 Alr oMa mUcsl 0.00 0.00
5 aU AuOi SriL 30756.63 27493.52
6 me AU AUi lkr* 26453.38 24121.86
Ms 542594.71 486423.60
( mlqsrMl AUi lk M NQMU)
*

172
5.3 Accounting Standard-17 -Segment Reporting:
Part A Business Segment:
(` in Crore)
Year ended
BUSINESS SEGMENT
31.03.2015 31.03.2014
(a) Segment Revenue
1 Treasury Operations 12201.37 11079.17
2 Retail Banking Operations 12582.47 10788.38
3 Wholesale Banking Operations 22818.09 20806.56
4 Other Banking Operations 0.00 0.00
5 Unallocated 698.36 806.26
Total 48300.29 43480.37
(b) Segment Results
1 Treasury Operations 1569.12 1463.00
2 Retail Banking Operations 1221.35 1722.43
3 Wholesale Banking Operations 3548.66 2946.74
4 Other Banking Operations 0.00 0.00
Total 6339.13 6132.17
(c) Unallocated Income/Expenses 611.24 664.02
(d) Operating Prot 6950.37 6796.19
(e) Provisions and Contingencies 3452.74 3733.00
(f) Income Tax 795.00 625.00
(g) Net Prot 2702.63 2438.19
(h) Segment Assets*
1