Beruflich Dokumente
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ALLAHABAD BANK
www.allahabadbank.in
-S / contents
E |inx
ANNUAL REPORT
2011-12
{` . / Page No.
02
{` . / Page No.
Consolidated Financial Statement
+vI B |v xnE E n
03-07
Financial Statement
Director's Message
08-12
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13-26
- II |E]Eh
27-54
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55-80
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Corporate Governance
Financial Statements of the Bank
E E J{IE E {]
124-125
199-200
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14.06.2012
t;&
10.30 A.M.
25.05.2012
|vEi |ixv E xH Ex v
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Last date for receipt of proxy form
and resolutions for appointing
authorized representatives
197-198
Proxy Form
bnJvqKo EG YJk il
195-196
193-194
E E k h
81
187-191
+ E <xx . E J{IE E {]
Auditors' Report of AllBank Finance Ltd.
Basel - II Disclosure
160-186
156-159
+ E <xx . E xnE E {]
Directors' Report of AllBank Finance Ltd.
Ei k h { J{IE E {] 154-155
Auditors Report on Consolidated
126-153
Ei k h
09.06.2012
- III,
<n E
ALLAHABAD BANK
1. su. {. =qy
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xnE b
+vI B |v xnE
SHRI J. P. DUA
SHRI D. SARKAR
Executive Director
SHRI M. R. NAYAK
Executive Director
Shri A. Udgata
Director
Director
Director
Director
Director
Director
Director
Director
Director
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Chartered Accountants
Chartered Accountants
Chartered Accountants
Chartered Accountants
Chartered Accountants
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EEi-700 029
]x - 033-40724051 54, 033-24541892
C - 033-24541961
<- : mcscal@cal2.vsnl.net.in
Website : www.mcsdel.com
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2011-12 6.9% |CEi E M<*
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3. E E Ex{nx
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3.1
3.2
3.3
4. Mi, + B Vx
4.
5. Profitability Ratios
Return on Assets stood at 1.02% as on 31.03.2012 as against
1.11% as on 31.03.2011. Profit per Employee improved to
< 8.36 lacs during 2011-12 from < 6.70 lacs during 2010-11.
Earnings per share went up to < 39.18 during 2011-12 from
< 31.85 during 2010-11 while book value per share improved
to < 192.93 from < 178.64 during the period.
6. Business
6.1
6.2
10. |tME
10. Technology
|tME E H xx E =q < EM v + E
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Ex { M V <x n Ij Oh E E OE n
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11. x vx E
2011-12 E nx E x 1541 +vE, {E M 879
M b +{] E i E * E nx 1600 {Ivx
+vE B 225 Y +vE E i |G E E V
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31.03.2011 E < 10.63 Ec E {I 31.03.2012 E gE
< 12.17 Ec MRo*
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13. E{] VE ni
14. +xM l
14. Subsidiaries
15. x< {
15.1 Bank has entered into a strategic alliance with M/S Aditya
Birla Money Ltd for providing online-trading facility to
the Demat customers of the Bank.
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18. +
18. Acknowledgement
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19. rlfUMo
19. Conclusion
The Bank has stepped into 148th year of its existence and on
this glorious occasion, I on behalf of over 22000 employees
of the Bank, reiterate the commitment towards excellence in
service for reaching greater heights in future as well.
CJrt
5 <, 2012
Yours sincerely,
(V.{. n+)
+vI B |v xnE
(J. P. Dua)
Chairman & Managing Director
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ALLAHABAD BANK
Head Office : 2, N.S.Road, Kolkata-700 001
NOTICE
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Date : 05-05-2012
(J.P. Dua)
Chairman & Managing Director
x] :
NOTES:
1. LDJK/A E xH :
1. APPOINTMENT OF PROXY
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For the convenience of the shareholders, attendance slipcum entry pass is annexed to the Annual Report.
Shareholders/Proxy holders/Authorised Representatives are
requested to fill in and affix their signatures at the space
provided therein and surrender the same at the venue. Proxy/
Authorised Representatives of shareholders should state on
their attendance slip-cum entry pass as Proxy or Authorised
Representatives as the case may be.
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5. PAYMENT OF DIVIDEND
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9. +n
9. UNCLAIMED SHARES
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ii)
01.04.2011 E lli E /
+n
2011-12 E nx l E Ji
+ii
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Shares outstanding/unclaimed as
on 01-04-2011
4126
Nil
4126
31.03.2012 E lli E/
+n
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<- : allahabadbank.grievance@yahoo.co.in
11
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<- : investors.grievance@allahabadbank.in
The Manager
Share Deptt. & Investors Grievance Cell
Head Office
2, Netaji Subhas Road, Kolkata- 700 001
Telephone No.033-22420878
Fax No. 033- 22107424
Email-investors.grievance@ allahabadbank.in
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nxE : 05-05-2012
(V.{. n+)
+vI B |v xnE
Place : Kolkata
Date : 05-05-2012
12
( J.P. Dua)
Chairman & Managing Director
<n E
ALLAHABAD BANK
xnE E {]
+| 2011 S 2012
DIRECTORS REPORT
APRIL 2011 TO MARCH 2012
|vx SS B h
] +lE {
E P]xG
GLOBAL DEVELOPMENT
DOMESTIC DEVELOPM.ENT
2013 E xB
EM + k Ij P]xG
{U EU i E k V x +{IEi +vE {` +
ii +Vi E * k 2011-12 E nx VJ i
+i +x{i M] + M-x{nE +i E i
r E Vn i E Vi x * {V {{ii +x{i E
i xvi xnb >{ * k V +Sx x
E c v E E Ei * k |h +M +
Eh, Ex, xx + vEh x EM
+ +vE Sxi{h x *
E nx mbr-+lE ri x Sxi{h V n {
E n * xi: +i + ni+, nx E B V E
n E` * < li E Eh xv E Mi r < +
E nx x V Vx (Bx+<B) { n x* k
+ EM |h E n + =SS pi E n E
x Ex {c* gi Ei E E xji Ex E B
k 2011-12 i V E E { n 5 r
Ex {c* { n E 3 < 2011 E 6.75% gE 7.25%
E M V 5 +H 2011 E gE 8.5% E n
M*
<n E E Ex{nx
E E Ex{nx E h k 2011-12 E nx
={H ]-+lE B EM { E {|I E Vx *
14
{SxMi {h
J xnb E E Ex{nx xxH h |ii
:
OPERATING RESULTS
Banks performance in key business parameters is presented below.
(` Ec )/(` in crore)
S 10
Mar10
S 11
(%)
S 12
Mar11
Growth (%)
Mar12
Growth (%)
1206
1423
17.97
1867
31.18
2549
3055
19.86
3770
23.42
1972
2894
46.77
3657
26.34
1342
1631
21.55
1903
16.65
E + /
9885
12385
25.29
16822
35.82
7337
9331
27.18
13052
39.89
2650
4022
51.76
5163
28.35
106056
131887
24.36
159593
21.01
72437
94571
30.56
112250
18.69
178493
226458
26.87
271843
20.04
38680
43545
12.58
54770
25.78
xnb/ Parameter
x / Net Profit
{SxMi / Operating Profit
]bM E UcE {Sx
Operating Profit Ex. Trading Profit
(%)
|vx B +EEiB
Total Income
E (|vx E UcE)
Total Expenditure (Excl. Prov.)
V |b / Interest Spread
E V / Total Deposits
E +O / Total Advances
E / Total Business
E x / Gross Investments
Ex{nx ]iB
Performance Highlights
x V Vx (Bx+<B) {U E 3.38% E {I
S 2012 E {i k E nx gE 3.48 %
M*
E E V {U E ` 1,31,887 Ec gE
`1,59,593 Ec
M<* -n- +v {, E V
21.01% E r < *
71%
hnt>
15
Jn @h {U E ` 13029 Ec E {I gE
` 15114 Ec M V k E nx 16% E r
*
S 2012 E {i k E nx M-xv M-V +
{U E ` 857 Ec gE ` 953 Ec M<*
S 2012 E {i { E +O E ix E
Bx{B + x +O E ix x Bx{B G:
1.83 % + 0.98 % *
{V B +Ii xv
Due to preferential allotment of equity to LIC of India the paidup capital of the Bank increased from ` 476.22 Crore to
` 500.03 Crore as on 31.3.2012. The reserves & surplus
went up to ` 10006.59 Crore as at end of this year from
` 8031.17 Crore as on 31.03.2011.
Dividend
The Board of Directors of the Bank has recommended a
dividend @ 60 % i.e. ` 6 per equity share of ` 10 each.
E B JB
E E 2516 P JB B MEM BE n J *
2516 P J+ 1033 Oh, 493 +v-, 517
B 473 xM fuUt bu n* E x 2011-12 E nx E x 101
x< JB J Vx 40 Oh, 39 +v-, 9 B
13 xM JB * k x Vx E +iMi 21J+
E I E {I 25 JB J M<* i V E u
xvi vE +{I+ E { Ex i E i Exp 29
il +{E V E +{-E V 34 JB J M<*
<E +iH E nx 2 Ij xIh E, BE <
J + 4 ]<] JB J M<* k 2012-13 E
nx 250 x< JB Jx E E E Vx *
V Oh
DEPOSIT MOBILISATION
16
k {h /
xnb
FINANCIALS
Parameters
31.03.10
31.03.11
31.03.12
13.62
12.96
12.83
8.12
8.57
9.13
5.50
4.39
3.71
2.54
3.12
3.24
5.99
5.85
6.98
8.68
9.19
10.48
V E +i Mi (%) /
Average Cost of Deposits (%)
5.97
5.83
7.07
10.57
10.50
12.09
27.01
31.85
39.18
151.17
178.64
192.93
1.16
1.11
1.02
22.21
21.04
19.35
78.95
0.66
75.67
0.79
74.00
0.98
5.76
6.70
8.36
845
1063
1217
xv E +i Mi (%) /
Average Cost of Funds (%)
xv { +i + (%) /
+O { +i + (%) /
Average Yield on Advances (%)
|i +Vx (`) /
Earnings per Share (`)
|i (`) /
Book Value per Share (`)
+i { |i (%) /
Return on Assets (%)
+i x]l { |i (%) /
Return on Average Net Worth (%)
|vx EV +x{i (%) /
Provision Coverage Ratio (%)
x Bx{B (%) / Net NPAs (%)
|i ES (` J ) /
Profit per Employee (` in lacs)
|i ES =i{nEi (` J ) /
Productivity per Employee (` in lacs)
@h +xVx
CREDIT DEPLOYMENT
17
VE EM
|lEi Ij @h 31.03.2011 E lli ` 30,764
Ec g E 31.03.2012 E lli ` 37,396 Ec
M + < |E <x -n- +v { ` 6633
Ec (21.56%) E r nV E* E x S 2012 E
lli 41.19% E ={v E BBx |I@ E
] I (40%) E { E *
SOCIAL BANKING
={ Ij
S / Mar-10
SUB-SECTOR
/ AMT.
S /Mar-11
/ AMT.
S /Mar-12
/ AMT.
8339.81
9807.88
12304.38
14.18
13.86
13.55
3227.60
3578.71
4285.43
4.50
5.06
4.50
11567.41
13386.59
16589.81
18.68
18.92
18.05
(` Ec )
/ (` in Crores)
r (-n-)/ GROWTH(YOY)
S 11 E {I S 12
Mar12 over Mar11
/ AMT.
%
2496.50
25.45
706.72
19.74
3203.22
23.93
I B P =t(BB<)
Micro & Small Enterprise(MSE)
EV M / Weaker Section
E BBB< (BB<+B<)/(% to ANBC)*
l / Women Beneficiaries
(BBx E% )* (% to ANBC)
*BBx S 2010:
*BBx S 2011:
`
`
8187.84
11990.30
16182.28
4191.98
34.96
24279.35
30763.73
37396.43
6632.70
21.56
41.29
43.48
41.19
9770.71
14383.89
18446.35
4062.46
28.24
6150.00
7547.00
9487.00
1940.00
25.71
1182.68
33.01
10.46
10.67
10.45
2961.73
3582.45
4765.13
4.19
5.06
5.25
70760 Ec
90782 Ec
18
BBB< Ij k{h
<G B P =t(BB<) Ij E @h S 2011 E
lli ` 11,990 Ec g E S 2012 E lli
` 16,182 Ec M Vx -n- +v { ` 4192
Ec (34.96%) E x{I r nV E * S 2012 E
lli <G, P + v =t E @h ` 14,383
Ec g E 31.03.2012 E lli ` 18,446 Ec
M V -n- 28.24% E r ni *
{E H @h x V]BB< E +iMi EV
E x V]BB< E +iMi EB MB {E H
@h E {nM { i +vE n * 31.03.2012 E
lli V]BB< E yk;do; `1348.63 Ec E 35501
|i E E M *
EB MB xB SxiE =i{n
cfU lu t:rbfU;t Gut }K fuU yklbol rlltkrfU; mkhaltbfU Wvt=
Nwh rfUY n&
Oh + Ij x M E Ij (BxBB) E
xvx { E Si--+ b}] Ji |nx Ex E
Vx*
l
xx E bM E{x ]<+{ E {E |vx
B |nx Ex i += E{x E l ]<+{ E
E +iMi += n { Ex E =i{n @h |nx
Ex E Vx*
l
xE Gb] Eb Vx*
l
+I E-Ex Gb] Eb Vx*
l
<n E + =i{nE Gb] Eb Vx*
<G k l+ (BB+<) E E x
l
Scheme for providing Savings-cum-OD account to NonFarm Sector (NFS) poor families living in Rural/ Urban
areas,
E u ` 258.54 Ec E 19 BB+< Ji
Ei EB MB* 31.03.2012 E lli <x E
` 93.08 Ec l*
V i E i (BB)
E x BB VE E { ZJb V E +lE
=ilx { nx V J * E V E x B
+{ E Ij |lEi E +v { E JB Jx
E Vx xx JB Jx +Oh E x *
E x i E + ZJb E E EG l
{ i i Gi x E EG E Exi Ex E
B +E En =`B * 31.03.2012 E lli 2000
+vE VxJ 1541 O E EM vB
|nx E n M< * +Oh E E { E x 112 O
EM vB |nx E * B]B v BE <
EM x Si E M< V V 12 M E EM
vB |nx Ei * E x S BE CE bM x
S E * E x - { BB E `E
+Vi E + BB E V E E i SS B
EM { E I E BE og S E { l{i E
*
19
+Oh E Vx
E x =k |n E 13 ZJb E 2 il v |n +
{S M E BE-BE V i E 17 V +Oh
E ni E { V @h Vx 2011-12 E +iMi
` 2128.66 Ec E I E {I ` 2174.35 E @h
ii E I E 102.15% E *
Ij d{tbeK E (++)
k x
i E/i V E E nxn B |Ih E
+x E x b, EM EE, ]E
B]B, B]BH < EM x, +i P JB Jx
+n V z b E +{xi B E x Oh +
Ij EM B |nx Ex E B ` 215.82 Ec
E Mi BE {E k x Vx i E *
Financial Inclusion:
In accordance with the guidelines and observations of
Govt. of India/ Reserve Bank of India, Bank prepared a
comprehensive Financial Inclusion Plan with an outlay
of ` 215.82 Crore to provide banking services in
unbanked rural as well as urban areas through BC
Model, Banking Kiosks, Bio-metric ATMs and Mobile van
fitted with ATM, ultra small branches etc.
E{] VE ni
E x BE Vn E{] xME E { VE Eh
+ E E |i +{x E Vii B V E ii
E E n +xE ={ EB Vx EU
xxi :
l
Ex/VM + E Oh VM |Ih
lx(+B<]+<) E v |Ih vB |nx
Ex
E x Ex, VM +, BxV+, BBSV +n
E =xE E B =ti Ii v x i {S
+ Oh VM |Ih lx (+B<]+<)
l{i EB * < |E ix E E 18 +B<]+<
* 2011-12 E nx 262 EG +Vi EB
MB + 8317 Ex/VM + E |Ih n
M Vx 3396 |Ihl E E @h vB
|nx E M<*
20
k Ii + @h { Exp(BB)
k Ii B @h { Exp E =q k
I + @h { |nx Ei B k x E
{ E og Ex * E x i V E
u +xvi (k o] Si) Exp 13
BB l{i EB *
+i] EM :
INTERNATIONAL BANKING
The Bank carries out its International business in India
through its 54 authorised/ designated branches, which
includes 5 International branches & through its overseas
branch at Hong Kong. Export credit of the Bank as on
31.03.2012 stood at ` 2,808.61 crore. The bank is taking
all steps to increase the credit flow to exporters. The
Bank maintains correspondent relationship with prime
banks abroad and has Standard Settlement
Instructions in various currencies with 15 foreign banks.
E E MEM BE n J * MEM J E
31.03.2011 E ` 3284 Ec E {I 31.03.2012
E gE ` 5327 Ec M* MEM J x 2010-11
E ` 19.01 Ec E {I 2011-12 E nx ` 48.10
Ec E x +Vi E * E E xZx, Sx
BE |ixv E il xE nxn E +x
E x Sx BE {h J Jx i i V E E
+nx E * E x fE, P<, M{ B E=x(M EM)
n JB Jx i xE E l E ytdu
c\Ztgt *
Overseas Presence
Bank is having one overseas branch at Hong Kong.
The Business of Hong Kong branch has increased from
` 3,284 crore as on 31.03.2011 to ` 5,327 crore as on
31.03.2012. The Hong Kong branch has earned a net
profit of ` 48.10 crore in 2011-12 as against ` 19.01
crore in 2010-11. The Bank is also having a
Representative Office at Shenzhen, China and in terms
of regulatory guidelines, Bank has applied to Reserve
Bank of India for opening of a full fledged branch in
China. Bank has taken up with the regulators regarding
opening of overseas branches at Dhaka, Shanghai,
Singapore & Kowloon (Hong Kong).
] @h
RETAIL CREDIT
E ] @h =iE]i x i x<-x<
xB ii * ] @h =i{n V E z
M E HE, ={H + E +Ei E {
Ex =i{n E h i * E x n E i{h
Exp ExpEi ] EM ]E(+) J E
] @h |i E Oh E ih E z
|G+ E ExpEi E *
E x n 27 + B 61 ] EM ]E
E Vn x]E 7 xB + Vc * 31.03.2012
E lli ] @h E +iMi E E ` 15114.00
Ec l V E @h E E 13.41% + E
nx 16% E r ni * ` xME E ni
+Ei+ E +x{ E x k 2011-12 E nx
n x< ] k VxB + E +li + @h Jb E
+iMi +E +x + {x i HE @h*
21
15 J iE E + @h { 1% V +xnx E v
k j u E M< Ph E E u Exi E V
*
E +vi +
E u E E l E M Zi Y{x
E J M
{S M, =c + ZJb E E hVE E E
Oh <-Mix {ri E v G: 06.07.2011,
15.09.2011,19.01.2012 E + E M* {{B |h E
02.07.2011 Si E M*
Collection of Commercial Taxes of Government of West Bengal, Orissa & Jharkhand through the e-payment mode commenced from 06.07.2011, 15.09.2011 & 19.01.2012
respectively.PPF Remittances automated with effect from
02.07.2011.
225 Branches additionally authorized as Points of PresenceService Providers (POP-SPs) by PFRDA for NPS.
BUSINESS PROCESS RE-ENGINEERING (BPR)
Vx | -<VxM ({+)
Improvement in Productivity, Efficiency & Profitability with introduction of technology enabled products for rendering convenient and attractive services to customers continued to remain the prime focus of the Bank. Centralized Processing
Centre had been established for Back Office activities like
Clearing Process and Pension Processing. Other activities
of the branches like Account Opening, Signature Scanning;
Issuance of personalized Cheque Books etc. has been shifted
to Back Office Processing Centre at Lucknow.
Information Technology:
2516 J+ + 81 E E B E {v
M * u |Vi Oh E E 567 J+ + 4
i {] E 24.09.2011 E lli B {ii
E M *
B]B E E J gE 316 M< *
Bank has issued more than 12.78 lacs ATM cum Debit
card to its customers
22
i { E { J+ E Ex{nx E I i
vH |h E =q { n 59 Sxi lx {
< bxx b ExM |h M E M< *
24 +| 2011 E OE i < EM v + E
M< *
E x +{x E{] OE i <]x] EM v E
i E v Ei{ i E l S, xEn @h
+ + b}] Ji ={v *
OE
Customer Service
E OE i =iE] OE E B |ir *
i W E u M`i E + v |G B Ex{nx
J{I i ({{B{B) E Z E Exx E E u
=SS |lEi n M< * E Ei H { E +n li
x i Mi | E * +x<x Ei xh
l M E M< *
E x i V E E nxn E +x +{x OE E
VxB/B] x =xbM xnb vi ii xiMi nxn
+{xB * {BBB 2002 ={v E +x +x h
+li xEn xnx {] (]+), nMv xnx {] (B]+)
+ V p {] |ii Ex v nxn - {
V EB MB + J+/E u <x h E
xvi { |ii EB Vx i =x <E k + +Ei
+Mi E M *
xIh B J{I
iEi
VIGILANCE
23
E x E vi v q E v +</{
+vE E |Ih nx E { E VE =q =x
V] EM xnx + |G+ E Zx nn Ex
il =x V MB E v E E , Si+ +
|lEi+ E Zx* +</{ +vE
i B BE EG < 2012 +Vi E Vx *
E x iEi q { + B] xE E E i xV
] E 4 +E |Ei EB V iEi, E
rlht"fU iEi vi i{h q { vi{h
ii SxB ] i *
OFFICIAL LANGUAGE
E EG xvi I E |{i E =q V xi
E +iMi z |vx E +x{x xSi E M * inx
V +vx E v 3(3) E +iMi niV E u {
V E Vx, xn |{i {j E =k xn n Vx,
x+ ytih i+ E uE { |Ex, Jx O E
uEh +n V vE +{I+ E xSi E M*
E nx xn E EvE Yx x Jx +vE B
ES E c J i E u Si z xn
{`G i xi E M* E nx 187 xn EB
(3159 +vE/ES E Mi) B 75 xn bE
|Ih EG (669 +vE/ES E Mi) +Vi
EB MB*
V Exx E Ij x Ex{nx E B E
E +xE ] i E {E |{i B* E E 2009-10 i
V Exx E Ij =iE] Ex{nx E B V
M, M j, i E u |i`i <n Mv V
{E E +iMi |l {E |nx E M M* {E
+vI B |vE xnE x nxE 14 i, 2011E
btlleg Exp M j {. Sn B Exp M V j
B. Sxpx Exp M V j Vixp E ={li
Cth; fUe ]{i xx |i n {] Oh
E*
E E 2009-10 i V E V b |iMi
E ii Ij E |l lx B Ij J il M
f{UbN& ii lx |{i +* E E M {jE jh v
E V E uE M {jE |iMi 2010-11 E ii
{E |{i +* {E nbthu E{E xnE B.+.
xE, x 1 sql 2011 fUtu CtrhcfU fuU fuUk eg fUtgtotg b ytgturs; YfU
Cg i V E E xx Mx b.
Oh E*
E E M {jE jh v E V E uE M {jE
|iMi 2010-11 nu;w ii {E |{i +* {E
B.+. xE, E{E xnE x {E ih
24
i V E E xx Mx b.
Oh E*
i V E u +Vi +J i +i E xn
xv |iMi 2010-11 E E E E |iM
E |l lx il < |iMi E M E E
|iM E ui lx |{i +*
x vx E
x vx E xi +i xx E E E l{i vh E
+x{ E x x {V E ni +Ei+ { Mi
|iG =NtoRo + E E hxi{E +Ei E +x
- { |h xB EE E i E Vn VxH E
Vi E * 2011-12 E n x E x 1541 +vE, {E
M 879 M b +{] + 324 +vxl ] E i
E * E nx 1600 {Ivx +vE B 225 Y
+vE E i |G E E V * E |Ih + Ii
xh { +ivE n * E nx x {V i
<-xM B |Ih E +x E{E =zi Sx { E n
M*
|S |
PUBLICITY ENDEVOURS
E x ]Vx, b + S{j/{jE+ bM +n E
v ]{ |S +x S* 2011-12 E nx
E E U + b {Sx gx E B E x +{x z =i{n
E {hx B <x E| xx i |S E*
+xM l B H =t
vh i E E H =t E{x x {
Vx < E{x ]b <bx +V E, Ex]E
E ., b <x]] . V{x E{x { E l 30%
E <C] vi *
VxB
FUTURE PLANS
E +x E EM Miv E +iH ] , @h
x, h CE E G, BB il E +n {
vx Epi EM*
E n i E Vx x *
xnE b
2011-12 E nx xnE b, b E |vx B J {I
i x G: 16, 20 + 11 `E E* 2011-12 E nx
xnE {nzi i, vE / xE E Ei(xh)
25
E u xi xnE b. E Cx x 15.11.2011 E
b E xnE E { {n Oh E* b. Cx k
M, i E k j xnE E { Ei *
+E V x 10.02.2012 E vE xnE E { b
{n Oh E* V BE xn JE Vx k B
|vx {, J{I, Evx B E E Ij
32 E +x *
E nx i Ei J, B. , {.. Mb
bb, b.E. E{, b. E-=V-Vx +, b ..
EVM B b. n{ Sv +{x EE { x { xnE
b xk B*
ACKNOWLEDGEMENTS
xnE b E B + =xE + ,
(V.{. n+)
+vI B |v xnE
26
(J.P.Dua)
Chairman & Managing Director
Eh E {h{, nx E E B +x k lx E x z |E E VJ Vn *
-II Zi E +ii +x + nx <E gi |Vi E Si VJ |vx E H ij
E +Ei E M<* Sxi E E Ex E B E x i V E E - { V
nxn E +x{ z |E E VJ |vx |h x< *
2.
3.
4.
5.
6.
27
RISK MANAGEMENT
1.
Consequent upon globalization, Banks and other financial institutions all over the world are exposed to different
types of risks. The emergence of Basel-II accord and its increasing applicability throughout the world calls for
sound practices in risk management. To cope with the challenges, the Bank has put in place various risk
management practices and processes in line with the guidelines of the Reserve Bank of India issued from time to
time.
2.
The Banks risk management objectives broadly covers proper identification, measurement, monitoring / control
and mitigation of the risks towards enhancing and maximizing the shareholders value by addressing appropriate
trade off between an expected reward and potential risk.
3.
The Bank has set up appropriate risk management organization structure. Board Level Sub-Committee known as
Risk Management Committee has been constituted in terms of RBI guidance note on Risk Management System.
The Committee evaluates overall risks faced by the Bank and put in place effective system to identify measure,
monitor and control risk. The committee further integrates various risk management functions at committee level.
i.e., integration through Credit Risk Management Committee (CRMC), Operational Risk Management Committee
(ORMC) and Asset Liability Committee (ALCO).
4.
General Manager (Integrated Risk Management) is looking after functioning of risk management aspect in integrated manner at Banks Head Office, who is independent of business departments, for implementing best risk
management systems and practices in the Bank.
5.
In line with the guidelines issued by the RBI, the Bank has implemented New Capital Adequacy Framework (BaselII) with effect from March 31, 2008. The Basel-II framework, as referred, is based on three mutually reinforcing
pillars. While Pillar-1 of the revised framework addresses minimum capital requirement for Credit, Market and
Operational risk, Pillar2 (Supervisory Review Process) intends to ensure that the banks have adequate capital to
address all the risks in their business commensurate with Banks risk profile and control environment. As required, the bank has put in place a Board approved policy on Internal Capital Adequacy Assessment Process
(ICAAP).
6.
Pillar-3 refers to Market Discipline. As directed by the RBI, a set of disclosures (both qualitative & quantitative) are
published in Tables DF 1 to DF 10 (annexed) with regard to risk management in the bank, which will enable market
participants to access key information on the scope of application, capital risk exposures, risk assessment processes, banks risk profile and level of capitalization etc. This would also provide the market participants with the
necessary data to evaluate the performance of the bank in various parameters.
28
h bB - 1
|Vi
MhiE |E]Eh
fU) E E x,V { Sx M *
F) J B xE |Vx i Ex +v {
Mi E {J, E +iMi E{x E
I{i h
i)
V {hi: Ei
ii)
V x{iE +v { Ei
iii)
V P]< M< ; il
iv)
+ E <xx
31.03.2012 E lli
100%
E l: E u |Vi n Ij Oh E xxJi *
E E x
n xMx
<n =| Oh E*
35%
n Oh E
35%
(%)
* =k
|n V n {i Ij Oh E +li Jx> Ij
Oh E + jh Ij Oh E E n E BE x i Ij
+li <n =| Oh E 02.03.2010 +ii +*
H =t : E x xxJi H =t E{x B +i
|iiEh x E :
E E x
n xMx
(%)
x { Vx
< E{x ]b
30%
BB+< (<b) .
27.04%
+xM, E E{x + H =t E i xn JE lx
(+<B+<) E J xE G: 21, 23 + 27 E +x J
h Ei E M *
i V E E nxn E +x E E +B+ E Mhx
i +xM, E E{x + Ci =t EB MB x E
]-I + ]-II {V x { P] M *
{hiE |E]Eh
1
(& < Ec )
E +xM E v {V E E< + x *
E x H =t +li x { Vx < E{x
]b i xMi , <C] G{x E v < 105.00
Ec E x E V <E E xMi {V E 30% V
E E nxnx VJ |nx E M * i V E
E nxn E +x Ci =t E{x x E E {V
P] M , CE E E x i{h x E i +vE , V
E x l+ E |nk {V E 30% +vE x *
29
Table DF 1
SCOPE OF APPLICATION
Position as on 31.03.2012
Qualitative Disclosures
a)
b)
Country of
Incorporation
Ownership
(%)
India
100%
Country of
Incorporation
Ownership
(%)
India
30%
India
27.04%
QUANTITATIVE DISCLOSURES
30
h bB - 2
{V Sx
31.03.2012 E lli
MhiE |E]Eh
{V Ji E, ]-I +{ ]-II
x E {j {V Ji E J ]i+ E xvx B i
E
{hiE |E]Eh
G .
1
3.
3.1
3.2
3.3
4.
4.1
4.2
4.3
5.
6.
( ` Ec )
500.03
9133.48
300.00
21.31
9912.20
4023.02
1000.00
0.00
1000.00
2611.90
0.00
2099.52
21.31
13935.22
+]x
E il
b
( `
Ec )
E{x n
+v
V Mix il
Sr
30.03.2009
150.00
9.20%
|i 30 S
BxB<
18.12.2009
150.00
9.08%
|i 18 n
BxB<
31
]M
E-BB
G-BB+
E-BB
G-BB+
+]x
E il
b
( <
Ec )
E{x n
+v
V Mix il
Sr
]M
19.03.2009
500.00
9.28%
180
|i 19 S
BxB<
18.12.2009
500.00
8.58%
180
|i 18 n
BxB<
E-BB
G-BB
E-BB
G-BB+
+]x
E il
b
( <
Ec )
E{x n
31.03.2004
200.00
5.90%
13.03.2006
500.00
29.09.2006
+v
b
(]]Ei)
(Ec )
99
0.00
8.00%
120
300.00
561.90
8.85%
120
449.52
25.09.2007
500.00
10.00%
120
500.00
26.03.2009
400.00
9.23%
120
400.00
04.08.2009
450.00
8.45%
120
450.00
2611.90
2099.52
32
V Mix il
Sr
]M
B< E- BB+
BxB< S-BB
E-BB+
13 S + i
+v E
BxB< G-BB+
29 i E BxB< E-BB+
G-BB+
BxB< E-BB+
31 S E
G-BB+
26 S E
BxB< E-BB+
G-BB+
4 +Mi E
BxB< E-BB+
G-BB+
31 S
Table DF 2
CAPITAL STRUCTURE
Position as on 31.03.2012
Qualitative Disclosures
Summary information on the terms and conditions of the main
features of all capital instruments, especially in the case of
capital instruments eligible for inclusion in Tier 1 or in Upper
Tier 2.
SL
No
Quantitative Disclosures
500.03
1.2 reserves;
9133.48
300.00
1.5 amounts deducted from Tier-I capital, including goodwill and investments.
21.31
9912.20
The total amount of Tier-II capital (net of deductions from Tier -II capital)
4023.02
1000.00
0.00
1000.00
2611.90
0.00
2099.52
21.31
13935.22
30.03.2009
BOND
AMT. (in
Rs. Crores)
150.00
18.12.2009
150.00
S.N.
DATE OF
ALLOTMENT
COUPON
RATE
TENOR
INTEREST PAYMENT
DATE
LISTED
9.20%
Perpetual
NSE
CARE- AA
CRISIL- AA+
9.08%
Perpetual
NSE
CARE- AA
CRISIL- AA+
33
RATING
19.03.2009
BOND
AMT. (In
Crores)
500.00
18.12.2009
500.00
S.N.
DATE OF
ALLOTMENT
COUPON
RATE
TENOR
INTEREST PAYMENT
DATE
LISTED
9.28%
180 months
NSE
CARE- AA
CRISIL- AA
8.58%
180 months
NSE
CARE- AA
CRISIL- AA+
RATING
DATE OF
ALLOTMENT
BOND
AMT. (In
Crores)
COUPON
RATE
TENOR
BOND AMT.
(Discounted)
(in crores)
INTEREST
PAYMENT DATE
LISTED
RATING
1.
31.03.2004
200.00
5.90%
99
months
0.00
31st March
Annual
BSE &
NSE
CARE- AA+
FITCH- AA
2.
13.03.2006
500.00
8.00%
120
months
300.00
NSE
CARE- AA+
CRISIL-AA+
3.
29.09.2006
561.90
8.85%
120
months
449.52
29th September
Annual
NSE
CARE- AA+
CRISIL-AA+
4.
25.09.2007
500.00
10.00%
120
months
500.00
31st March
Annual
NSE
CARE- AA+
CRISIL-AA+
5.
26.03.2009
400.00
9.23%
120
months
400.00
26th March
Annual
NSE
CARE- AA+
CRISIL-AA+
6.
04.08.2009
450.00
8.45%
120
months
450.00
4th August
Annual
NSE
CARE- AA+
CRISIL-AA+
TOTAL
2611.90
2099.52
34
h bB - 3
{V {{ii
MhiE |E]Eh
31.03.2012 E lli
G .
1
3
4
{hiE |E]Eh
VJ |vx i {V +EiB
1.1 xEEi o]Eh E +vvx M
1.2 |iiEh BC{V
V VJ i {V +EiB
(xEEi +v o]Eh)
2.1 V n VJ
2.2 n p x VJ(h i)
2.3 <C] VJ
{SxMi VJ i {V +EiB
( EiE o]Eh)
E B ]-I {V +x{i :
4.1 E +B+
4.2 ] I +B+
( < Ec )
8455.26
8455.26
0.00
517.35
391.23
2.71
123.41
799.16
12.83%
9.13%
35
Table DF 3
CAPITAL ADEQUACY
Position as on 31.03.2012
Qualitative Disclosures
A summary discussion of the Banks approach to assessing the adequacy of its capital to support current and future
activities:
1.
The Reserve Bank of India (RBI) introduced a Risk Asset Ratio System for banks in India as a capital adequacy
measure covering the elements of Credit Risk in April 1992.The Balance sheet assets, non-funded items and other
off-balance sheet exposures are assigned prescribed risk weights and banks have to maintain unimpaired minimum
capital funds equivalent to the prescribed ratio on the aggregate of the risk weighted assets on an on going basis.
Banks were advised to ensure capital adequacy at a minimum level of 4% on the aggregated risk weighted assets
including both fund based and non-fund based exposures by 31st March-1993 and 8% by 31st March-1996. The
Minimum level of Capital Adequacy was increased to 9% subsequently. These guidelines together are known as
Basel-I guidelines.
2.
On 27th April, 2007, the RBI released the Final Guidelines for implementation of the New Capital Adequacy Framework under Basel-II. In addition, the RBI issued clarifications on 31st March, 2008 on certain issues related to the
subject. Incorporating some intermittent changes, the RBI released the master circular on Prudential Guidelines on
Capital Adequacy and Market Discipline- New Capital Adequacy Framework on July 01, 2010. These guidelines make
clear distinction between Credit, Market and Operational risks.
3.
In line with the RBI guidelines, the Bank migrated to the New Capital Adequacy Framework (Basel-II) with effect from
31.03.2008. The Bank is continuing with the parallel run of Basel I norms and studying the impact on Banks CRAR on
quarterly basis with a view to ensuring compliance with the guidelines under prudential floor.
4.
Basel-II Framework provides a range of options for determining the capital requirements for Credit Risk, Market Risk
and Operational Risk. In accordance with the RBIs guidelines, the Bank has adopted Standardized Approach (SA) for
Credit Risk, and Basic Indicator Approach (BIA) for Operational Risk to compute capital as on 31st March, 2012 also
like as on 31st March 2008, 2009, 2010 and 2011. The Bank continues to apply the Standardized Duration Approach
(SDA) for computing capital requirement for market risks with effect from 31st March, 2008. As such, in addition to
maintaining capital for credit risk and market risk as hitherto, the Bank maintains capital for operational risk from
31.03.2008.
5.
Reserve Bank of India prescribes Banks to maintain a minimum Capital to Risk-weighted Assets Ratio (CRAR) of 9
percent with regard to credit risk, market risk and operational risk on an ongoing basis, as against 8 percent prescribed in Basel Documents. The total Capital to Risk Weighted Assets Ratio (CRAR) as per Basel II guidelines
works to 12.83% as on 31.03.2012. The Tier-I CRAR stands at 9.13% as against RBIs prescription of 6.00%. In
computation of capital for credit risk under Standardized Approach, the Bank has relied upon the data captured from
each individual branch through the CBS system. The Bank has used the credit risk mitigants in computation of capital
for credit risk, as prescribed in the RBI guidelines under Standardized Approach. The data for Operational Risk and
Market Risk have been consolidated at Head Office.
6.
The Bank is continuously evaluating its capital requirement. The capital infusion of < 23.81 crores by the LICI through
allotment of shares has reduced the Govt.s share to 55.24% from 58%, still leaving sufficient headroom for the Bank
to mobilize Tier I and Tier II capital to additionally support capital structure and meet the CRAR requirements against
current and future business expansion.
Quantitative Disclosures
SL
No
1
1.2
securitization exposures
8455.26
8455.26
0.00
2.2
2.3
equity risk
517.35
391.23
2.71
123.41
799.16
4.1
Total CRAR
12.83%
4.2
Tier-I CRAR
9.13%
36
h bB - 4
@h VJ : x |E]Eh
MhiE |E]Eh
31.03.2012 E lli
1.@h VJ
1.1 =v nx E< i E VJ * @h VJ =vEi+ +l |i{I E @h Mhk vi x E x
*
1.2 @h VJ SE VJ OE +l |i{I u =v, ]bM, VM, x{]x B +x k xnx vi |iri+
E { Ex +xSU +Ii E Eh i * @h VJ +i { xnx VJ SE VJ B M VJ
=i{z i *
1.3 @h +xnxEi |vE, E{h x , =tM x , @h VJ ]M |h, VJ +vi |<M, @h I
ij + @h VJ x V ={Eh E |M E u @h VJ |vx E B E Vi * @h VJ E {E
|ii + M] |i Ei B z =tM + Ij Jb x , E{h x + {{i x =SSi
+ VJ x E v xji E Vi *
2. @h VJ |vx xi :
2.1 E E { b u vi +xni BE li @h VJ |vx xi * xi niV M`xiE Sx, E B ni
il |G+ E {i Ei VE v E E x @h VJ E {Sx, ytfUtl Ex nn i + =xE
|vx = Sx E +iMi E Vi V E +{x +vn B VJ xi E +x{ ={H Zi *
2.2 E u Ji @h VJ E xMx E Vi + b u +xni VJ +/BC{V E{ E +x{x E xSi
E Vi * +iE xjh |h E Mhk E xMx E Vi + @h VJ vi q E Ex i
+iE nIi Ei E Vi *
2.3 =k @h VJ |vx |h Ei Ex i E x i{h En =` * @h VJ |vx xi E +iH, E E {
b u +xni @h xi, x xi, n VJ |vx xi xi +n V @h VJ E xMx E +z +M
* + z xE +{I+ E { /+x vE |vE E x xnb, |lEi Ij xnb, +
+Yx + +i MEh nxn, {V {{ii, @h VJ |vx +n v nxn E n +x{x xSi
Ei *
2.4 <E +iH E E @h VJ x + {E |ii |vx E v b u +xni xi V E E i
E I E B |ii + B |ii E |x E h xvi EB MB * |ii = @h VJ E r
={x E { E Ei V E BC{Vb *
3. E E Sx B |h :
3.1 E VJ |vx |E E xMx + x i xnE b u VJ |vx i (+B) xE xnE
E ={i E M`x E M *
3.2 @h xi i z @h VJ Exi xx + <xE Exx i il xi +v { E E VJ |vx E E
xMx i @h VJ |vx i E M`x E M *
4. @h Ex /+iE ]M :
4.1 E +{x @h VJ E |vx E =vEi B M i { VJ E ii {x B xMx E v Ei * E
E { BE H +iE Gb] ]M Sx + li xEEi @h Ex/+xnx |h *
4.2 +iE VJ ]M/ObM b |vx VJ vi {hiE B MhiE q, VJ, =tM VJ, k
VJ B {Vx VJ * <E +iH, < i E ]M =vEi E O ]M E Ex Ei
] xnx i @h {vx ]i+ { S E Vi * V li E +v { =tM VJ E +Ec xi
+tix E Vi *
4.3 |iE =vEi E ]M E I E Vi * H @h VJ |vx |G E ={ E { E x |vx E + b
E/J i { Ei |i i Gb] ]M |G E ji |h Exi E V @h M <i ]M
E vi (i Sh ) * E E |vx E E H E +iMi +x |i E ]M E vi VJ
|vx M u E Vi *
4.4 E @h E Ei i li -i Evx H Sx E +xh Ei * xB/{vx |i { S
Ex E B |vx E + Ij |vE i { Gb] Ob E M`x E M * xn] E]-+ +vE E xB
@h |i { rii: +xnx |nx Ex i +vI B |v xnE E +vIi |vx E i { x
(BxV) xE Sx E M`x E M * E E { xB =i{n i VJ |vx Sx V xB =i{n E v =xE
{ xxi |G/Ex xnb E xvi Ei *
37
{hiE |E]Eh
G .
<
Ec )
4.
+i
6
7
8
10
11
12
+M
nx
2-7 nx
8-14 nx
15-28 nx
439.25
464.65
1363.29
1925.76
29-3
3-6
6-12
1-3
3-5
(< Ec )
5
B
+vE
Bx{B E (E)
5.1 +xE
5.2 nMv 1
5.3 nMv 2
5.4 nMv 3
5.5 xMi
x Bx{B
Bx{B +x{i
7.1 E +O E Bx{B
7.2 x +O x Bx{B
Bx{B E Sx (E)
8.1 +l
8.2 r
8.3 E
8.4 <i
Bx{B i |vx E Sx
9.1 +l
9.2 < +v E nx EB MB |vx
9.3 <] +
9.4 +iH |vx E <] E
9.5 <i
+xVE x E
+xVE x i EB MB |vx E
x E i |vx E Sx
12.1 +l
12.2 < +v E nx E M |vx
12.3 <] +
12.4 +iH |vx E <] E
12.5 <i
2058.98
1046.55
453.68
229.91
225.46
103.38
1091.70
1.83%
0.98%
1647.92
2232.06
1821.00
2058.98
863.55
1182.67
1080.64
1.70
967.28
0.90
0.90
2.40
0.00
0.00
1.50
0.90
38
Table DF 4
CREDIT RISK : GENERAL DISCLOSURES
Position as on 31.03.2012
Qualitative Disclosures
1. Credit Risk:
1.1
1.2
1.3
Lending involves a number of risks. Credit Risk is broadly the probability of losses associated with diminution
in the credit quality of borrowers or counterparties.
Credit Risk or default risk involves inability or unwillingness of a customer or counterparty to meet commitments in relation to lending, trading, hedging, settlement and other financial transactions. The Credit Risk is
generally made up of transaction risk or default risk and portfolio risk.
Credit approving authority, prudential exposure limits, industry exposure limits, credit risk rating system, risk
based pricing, loan review mechanism and Credit Risk Mitigants are the instruments used by the bank for
credit risk management. Credit risk is controlled through segmental exposure limits to various industries and
sectors, prudential exposure and substantial exposure ceilings and risk mitigation by obtaining collateral and
guarantees.
39
Quantitative Disclosures
SL
No
1
Total gross credit risk exposures, Fund based and Non-fund based separately.
1.1
Fund Based
1.2
112249.74
14136.50
Overseas
2.1.1 Fund Based
4722.58
109.88
4832.46
Domestic
2.2.1 Fund Based
107527.16
126386.24
14026.62
121553.78
49053.00
8911.04
57964.04
4. Residual contractual maturity breakdown of assets (bucket wise position of assets as on 31.03.2012)
ASSETS
SL
No
5
6
7
10
11
12
Next
day
2-7 d
8-14 d
15-28 d
626.56
1131.60
1717.33
3541.86
29-3m
3-6m
6-12 m
1-3y
3-5y
5y
& above
Total
Quantitative Disclosures
Amount of NPAs (Gross)
5.1
Substandard
5.2
Doubtful 1
5.3
Doubtful 2
5.4
Doubtful 3
5.5
Loss
Net NPAs
NPA Ratios
7.1
Gross NPAs to gross advances
7.2
Net NPAs to net advances
Movement of NPAs (Gross)
8.1
Opening balance
8.2
Additions
8.3
Reductions
8.4
Closing balance
Movement of provisions for NPAs
9.1
Opening balance
9.2
Provisions made during the period
9.3
Write-off
9.4
Write-back of excess provisions
9.5
Closing Balance
Amount of Non-Performing Investments
Amount of provisions held for non-performing investments
Movement of provisions for depreciation on investments
12.1 Opening balance
12.2 Provisions made during the period
12.3 Write-off
12.4 Write-back of excess provisions
12.5 Closing balance
40
h bB - 5
31.03.2012 E lli
x ri :
E E nxnx{, E x 31.03.2008 @h VJ i {V E {Ex E B x< {V {{ii Sx
(BxB) E xEEi o]Eh E +{x * {V E {Ex i E x z +i M E B E u
l|ii VJ xni EB *
2.
Gb] ]M :
{hiE |E]Eh
G .
1
( < Ec )
55510.33
7629.21
41989.96
4001.49
14749.45
2505.80
41
Table DF 5
CREDIT RISK : DISCLOSURES FOR PORTFOLIOS SUBJECT TO THE STANDARDIZED APPROACH
Position as on 31.03.2012
Qualitative Disclosures
1.
General Principle:
In accordance with the RBI guidelines, the Bank has adopted Standardized Approach of the New Capital Adequacy
Framework (NCAF) for computation of capital for credit risk with effect from 31.03.2008. In computation of capital,
the Bank has assigned risk weights to different asset classes as prescribed by the RBI.
2.
Quantitative Disclosures
SL
No
1
For exposure amounts after risk mitigation subject to the standardised approach,
amount of the Banks outstandings (rated and unrated) in the following three major
risk buckets as well as those that are deducted;
1.1
1.1
1.2
1.2
1.3
1.3
1.4
Deducted
55510.33
7629.21
41989.96
4001.49
14749.45
2505.80
42
h bB - 6
6.
7.
G .
E.
J.
31.03.2012 E lli
{hiE |E]Eh
{lE { |E]Ei @h VJ M i, E BC{V (V |V
+x +l + ] E x]M E {Si) V E]i E {Si, {j k
{E { Ii
{lE { |E]Ei @h VJ M i, E BC{V (V |V
+x +l + ] E x]M E {Si) V M]/Gb] b<] u
Ii (V E E u { +xi n M< )
43
( ` Ec )
6785.20
Table DF 6
CREDIT RISK MITIGATION : DISCLOSURES FOR STANDARISED APPROACHES
Position as on 31.03.2012
Qualitative Disclosures
1.
A comprehensive policy on valuation of property, plant & machinery, has been approved by the Board.
2.
The collaterals commonly used by the Bank as the risk mitigants comprise of the financial collaterals (i.e., bank
deposits, govt./postal securities, life insurance policies, gold jewellery, units of mutual funds etc.), various categories of movable and immovable assets/landed properties etc.
3.
Where personal/corporate guarantee is considered necessary, the guarantee is preferably that of the principal
members of the group holding shares in the borrowing company/ flagship Group Company of corporate. It is
ensured that their estimated net worth is substantial enough for them to stand as guarantors.
4.
In line with the regulatory requirements, the Bank has put in place a well-articulated Policy on Credit Risk Mitigation
and Collateral Management duly approved by the Banks Board.
5.
As advised by RBI, the Bank has adopted the comprehensive approach relating to credit risk mitigation under
Standardised Approach, which allows fuller offset of eligible securities against exposures, by effectively reducing
the exposure amount by the value ascribed to the securities. Thus the eligible financial collaterals have been used
to reduce the credit exposure in computation of credit risk capital. In doing so, the Bank has recognised specific
securities namely (a) Bank Deposits (b) Life Insurance Policies (c) NSCs / KVPs (d) Government Securities, in line
with the RBI guidelines on the matter.
6.
Besides, other approved forms of credit risk mitigation are On Balance Sheet Netting and availability of Eligible
Guarantees. On balance sheet netting has been reckoned to the extent of the deposits available against the
loans/advances of the borrower (to the extent of exposure) as per the RBI guidelines. Further, in computation of
credit risk capital, the types of guarantees recognized for mitigation and applicable Risk Weights, in line with RBI
Guidelines are (a) Central Government Guarantee (0%) (b) State Government (20%) (c) CGTMSE (0%) (d) ECGC
(20%) (e) Bank guarantee in form of bills purchased/discounted under Letter of Credit (20% or as per rating of
foreign banks).
7.
All types of securities eligible for mitigation are easily realizable financial securities. As such, presently no limit/
ceiling has been prescribed to address the concentration risk in credit risk mitigants recognized by the Bank.
SL
No
(a)
(b)
Quantitative Disclosures
(Amount ` in Crores)
For each separately disclosed credit risk portfolio the total exposure
(after, where applicable, on - or off balance sheet netting) that is covered by
eligible financial collateral after the application of haircuts.
6785.20
For each separately disclosed portfolio the total exposure (after, where applicable, on or off-balance sheet netting) that is covered by guarantees/credit
derivatives (whenever specifically permitted by RBI)
Nil
44
h bB - 7
E.
J.
(M)
G
.
MhiE |E]Eh: EM
P.
E u |iiEi E E BC{V
R.
S.
E +n |iiEi i +|i +i E
U.
(S) , E +n =i{z +i E
V.
Z.
xxx E
l
\.
31.03.2012 E lli
BC{V { E h E +x |ivi +l G EB MB +x ]
|iiEh BC{V*
BC{V { E h E +x + ] |iiEh BC{V
( ` Ec )
G
.
].
`.
b.
f.
46
Ec )
Table DF-7
SECURITISATION: DISCLOSURE FOR STANDARDISED APPROACH QUALITATIVE
Position as on 31.03.2012
DISCLOSURES
Qualitative Disclosures
(a) The general qualitative disclosure requirement with respect to securitisation,
including a discussion of:
l
the banks objectives in relation to securitisation activity, including the extent to
which these activities transfer credit risk of the underlying securitised exposures
away from the bank to other entities;
l
the nature of other risks (e.g., liquidity risk) inherent in securitized assets
l
the various roles played by the Bank in the securitization process (e.g., originator, investor, servicer, provider of credit enhancement, liquidity provider) and an
indication of the extent of the Banks involvement in each of them
l
a description of the process in place to monitor changes in the credit and market
risk of securitization exposures (e.g., how the behavior of the underlying assets
impacts securitization exposures as defined in para 5.16.1 of the Master Circular on NCAF dated 01.07.2009)
l
a description of the Banks Policy governing the use of credit risk mitigation to
mitigate the risks retained through securitization exposures
(b) Summary of the banks accounting policies for securitisation activities, including:
l
Whether the transactions are treated as sales or financings
l
Methods and key assumptions (including inputs) applied in valuing positions
retained or purchased
l
Changes in methods and key assumptions from the previous period and impact of the changes
l
Policies for recognizing liabilities on the balance sheet for arrangements that
could require the Bank to provide financial support for securitised assets.
(c) In the banking book, the names of ECAIs used for securitisations and the types of
securitisation exposure for which each agency is used.
Nil.
Not Applicable
SL
(Amount ` in Crores)
No
(d) The total amount of exposures securitised by the bank
(e) For exposures securitized, losses recognised by the bank during the current period
broken down by exposure type (e.g., credit cards, housing loans, auto loans, etc.
detailed by underlying security)
(f) Amount of assets intended to be securitized within a year
(g) Of (f), amount of assets originated within a year
(h) Total amount of exposures securitized (by exposure type) and unrecognized gain or
losses on sale by exposure type.
(i) Aggregate amount of:
l
Exposures that have been deducted entirely from Tier 1 capital, credit enhancing I/Os deducted from total capital, and other exposures deducted from
total capital (by exposure type).
47
Nil.
SL
No
(k)
Aggregate amount of exposures securitised by the bank for which the bank has
retained some exposures and which is subject to the market risk approach, by
exposure type.
(l) Aggregate amount of:
l on-balance sheet securitisation exposures retained or purchased broken
down by exposure type;
l off-balance sheet securitisation exposures broken down by exposure type.
(m) Aggregate amount of securitisation exposures retained or purchased separately
for:
l securitisation exposures retained or purchased subject to Comprehensive
Risk Measure for specific risk; and
l securitisation exposures subject to the securitisation framework for specific
risk broken down into different risk weight bands.
(n) Aggregate amount of:
l the capital requirements for the securitisation exposures, subject to the
securitisation framework broken down into different risk weight bands.
l securitisation exposures that are deducted entirely from Tier 1 capital, credit
enhancing I/Os deducted from total capital, and other exposures deducted
from total capital(by exposure type).
48
Nil.
h bB - 8
{ V VJ
MhiE |E]Eh
31.03.2012 E lli
(E) V VJ :
1.
2.
3.
4.
5.
{hiE |E]Eh
G .
1.
( ` Ec )
V VJ i E {V +EiB
517.35
1.1
V n VJ
1.2
<C] li VJ
2.71
1.3
n x VJ
123.41
391.23
49
Table DF 8
MARKET RISK IN TRADING BOOK
Position as on 31.03.2012
Qualitative Disclosures
(a) Market Risk:
1.
Market Risk is defined as the possibility of loss caused by changes/movements in the market variables such as
interest rates, foreign currency exchange rates, equity prices and commodity prices. Banks exposure to Market risk
arises from investments (interest related instruments and equities) in trading book (both AFS and HFT categories) and
the Foreign Exchange positions. The objective of the market risk management is to minimize the impact of losses on
earnings and equity.
2.
3.
The ALM Policy specifically deals with liquidity risk management and interest rate risk management framework. As
envisaged in the policy, Liquidity Risk is managed through GAP analysis, based on residual maturity/behavioral
pattern of assets and liabilities, on a daily basis based on best available data coverage, as prescribed by the RBI. The
bank has put in place mechanism of Short Term Dynamic Liquidity Management and Contingent Funding Plan.
Prudential (Tolerance) limits are prescribed for different residual maturity time buckets for efficient Asset Liability
Management. Liquidity profile of the Bank is evaluated through various liquidity ratios.
4.
Interest Rate Risk is managed through use of Gap analysis of rate sensitive assets and liabilities and monitored
through prudential (tolerance) limits. The Bank estimates Earnings at Risk (EaR) periodically against adverse movements in interest rate (as prescribed in the policy) for assessing the impact on Net Interest Income and Economic
Value of Equity (EVE) with a view to optimize shareholder value.
5.
The Asset Liability Management Committee (ALCO)/Board monitors adherence of prudential limits fixed by the Bank
and determines the strategy in light of market conditions (current and expected) as articulated in the ALM policy. The
Mid Office at the Treasury also monitors adherence of prudential limits on a continuous basis.
Quantitative Disclosures
SL
No
1.
(Amount ` in Crores)
The total capital requirements for Market Risk
1.1
1.2
1.3
517.35
391.23
2.71
123.41
50
h bB - 9
{SxMi VJ
31.03.2012 E lli
MhiE |E]Eh
1. {Sx VJ ii{, +{{i + +iE |G+, H |v P]x+ E
Eh x x E VJ * {SxMi VJ Exx VJ {xi hxiE
|iXMi VJ x *
2. E x b u +xni { {SxMi VJ |vx xi x{i E * {SxMi VJ E |vx Vc <
b u +MEi +x xi : (E) +x{x VJ |vx xi (J) n p VJ |vx xi (M) +{x OE
E Vx (E<) + Bx] x xbM (BBB) vi xiMi niV (P) Sx |tME
xii B +{n xh Vx (R) vJvc VJ |vx xi +n >
3. E u +MEi {SxMi VJ |vx xi M`xiE Sx B {SxMi VJ E |vx i
|G+ E {] E M * < xi E =q {SxMi VJ E | { xji, {i,
+Yi, Ei B Sxi Ex + iE {SxMi x i {SxMi VJ E { {]M i
ni E {] xnx E u E E nx-|inx E VJ |vx |G {SxMi VJ |h E
BEEi Ex * E lu {SxMi VJ E {E B r, +iE xjE E E v |vi E
*
4. E u V +i nxn E +x E x {SxMi VJ i {V E +Ex E B
EiE n]Eh E +{x *
G .
{hiE |E]Eh
1.
2.
51
Table DF 9
OPERATIONAL RISK
Position as on 31.03.2012
Qualitative Disclosures
1. Operational Risk is the risk of loss resulting from inadequate or failed internal processes, people and systems
or from external events. Operational risk includes legal risk but excludes strategic and reputation risks.
2. The Bank has framed Operational Risk Management Policy duly approved by the Board. Supporting policies
adopted by the Board which deal with management of various areas of operational risk are (a) Compliance
Risk Management Policy (b) Forex Risk Management Policy (c) Policy Document on Know Your Customers
(KYC) and Anti Money Laundering (AML) Procedures (d) Business Continuity and Disaster Recovery Policy (e)
Fraud Risk Management Policy etc.
3. The Operational Risk Management Policy adopted by the Bank outlines organization structure and detailed
processes for management of operational risk. The basic objective of the policy is to closely integrate operational risk management system into the day-to-day risk management processes of the bank by clearly assigning roles for effectively identifying, assessing, monitoring and controlling / mitigating operational risks and by
timely reporting of operational risk exposures, including material operational losses. Operational risks in the
Bank are managed through comprehensive and well articulated internal control frameworks.
4. In line with the final guidelines issued by RBI, the Bank has adopted the Basic Indicator Approach for computing capital for Operational Risk.
Quantitative Disclosures
1.
2.
In line with the final guidelines issued by RBI, the Bank has adopted the Basic Indicator Approach for computing capital for Operational Risk.
As per the guidelines, the capital for operational risk is equal to 15% of average positive annual Gross Income
of previous three years as defined by RBI. Accordingly, the capital requirement for operational risk as on
31.03.2012 is Rs. 799.17 Crores.
52
h bB - 10
EM E V n VJ (+<++)
31.03.2012 E lli
MhiE |E]Eh
(E)
EM E V n VJ :
1. V n VJ, VJ E B li V V V n {ix E E k li |i Ei * V
n {ix S Vx (+lE o]Eh) E l E E x i (+lE {{C]) {
| {ci * Vx E o]Eh VJ E x V + (Bx+<+<) x V Vx (Bx+<B) E |
E { { V Ei * < |E +lE o]Eh VJ E <C] E +lE (<<) E E {
{ V Ei *
2. E V n +{EE (Vx o]Eh) B nPEE (+lE o]Eh) {ix r VJ E {Sx
Ei * + { | (Vx o]Eh) E E E BBB { xvi { 100 {B iE +xxE n
Mi B VB{ h E ={M E v { Vi * Vx { <E | E {Ex i {{Mi +i E
n n h Vi + E J M E v xn +v E +v { {ix E | { V
n {ix E 100 {B iE +E Vi * <E {]M +vE +i { n n h E l BB+
B b E E Vi * x]l E +v { <x + E xvi E Vi *
3. E u 200 {B E +xxE V n E E Mi B <C] E +lE (+lE o]Eh) { | E
(|ii { ) +Ex E B {{Mi VB{ h E l l +v VB{ h E +{x Vi * E
u +vE VB{ E h BE E Vi ( +i {]M G E ytkfU\zt E +v {) + <E
mqalt BB+/b E n Vi *
4. E u xvi E{h + E +x{x E x]M/I +i ni |vx i (BB+)/b tht E Vi
+ V E li (S B |ii) E +v { hxi i E Vi *
{hiE |E]Eh
G .
1.
2.
V n {ix
1.00%
V n {ix
2.00%
( ` Ec )
VJ { +M
317.12
+lE { i x
15.71%
53
Table DF 10
INTEREST RATE RISK IN THE BANKING BOOK (IRRBB)
Position as on 31.03.2012
Qualitative Disclosures
(a) Interest Rate Risk in the Banking Book:
1.
1. Interest Rate Risk is the risk which affects the banks financial condition due to changes in the market interest
rates. Changes in interest rates affect both the current earnings (earnings perspective) as also the net worth of the
Bank (economic value perspective). The risk from earnings perspective can be measured as impact in the Net
Interest Income (NII) or Net Interest Margin (NIM). Similarly, the risk from economic value perspective can be measured in the Economic Value of Equity (EVE).
2.
The Bank identifies the risks associated with the changing interest rates in short term (Earnings perspective) and
long term (Economic value perspective). The impact on income (Earnings perspective) is measured through use of
Gap analysis by applying notional rate shock up to 100 bps as prescribed in Banks ALM Policy. For the calculation
of impact on earnings, the Traditional Gap is taken from the Interest Rate Sensitivity Statement and based on the
remaining period from the midpoint of a particular bucket and the impact for change in interest rate up to 100 bps is
arrived at. The same is reported to ALCO & Board along with the Interest Rate Sensitivity Statement periodically. The
limits are fixed on the net worth.
3.
The bank has adopted Traditional Gap Analysis combined with Duration Gap Analysis for assessing the impact on
the Economic Value of Equity (Economic Value perspective) by applying a notional interest rate shock of 200 bps.
The Duration Gap Analysis is calculated by the bank once in a month (based on the Last Reporting Friday data) and
is reported to ALCO and Board.
4. The Asset Liability Management Committee (ALCO) / Board monitors/reviews adherence of prudential limits fixed
by the bank and determine the strategy in light of the market condition (current and future).
(Amount ` in Crores)
SL
No.
1.
2.
Quantitative Disclosures
Earning at Risk
1.00%
317.12
2.00%
15.71%
54
E{] Mxx { {]
1. E{] Mxx E nx :
1.
2. xnE b
2.1 xnE b E M` x EM x +vx 1949, EM
E{x (={G E +Vx B +ih) +vx 1970 il
]Ei E (|vx B |Eh |vx) Vx 1970 u
i i * xnEMh b E x{hi E vi il
ii +x |nx Ei V E E nI B x{I
xn |{i i *
2.
Board of Directors
c)
d)
2.2. b E i
b x xxHx z i E M`x E V i{h
EiE Ij B Expi Mxx |nx Ei B
E E E xjh Ei - :
b E |vx i (B+b)
b E J{I i (B)
55
VJ |vx i (+B)
xnE E {nzi i (b{)
vE/xE E Ei i (BBS+<V)
Sx |tME i (+<] i)
vJvc xMx i (BB)
OE i (B)
+ih i (B])
{v i ({.)
xEx i (x. )
@h +xnx i(B)
xM B +]x i(B+<B)
2.3 b E ni xi E xvh, x< {, Ex{nx
I il xjh B E E z EvE E |iVi
+vE E {cx E Ei * b x
z i E M` x E il z EiE Ij
+vE E |iVx E * b il =E i +vE
+i { ` E Ei *
2.4 31.03.2012 E lli xnE b E M`x xxi :
x
{nx
Name
Designation
xH E il
Date of
appointment
1.
V.{. n+
Shri J.P. Dua
2.
b. E
Shri D. Sarkar
3.
B.+. xE
Shri M.R. Nayak
4.
B. =nMi
Shri A. Udgata
5.
6.
11.
Directorship/
Membership of
Board/Committees
+vI B |v xnE
Chairman & Managing Director
04-12-2009*
10
Executive Director
07-12-2009
Executive Director
22-01-2010
E{E xnE
E{E xnE
E u xi xnE
15-11-2011
14-07-2010
19-07-2011
13-07-2011
+.B. Sin
b.Bx.
x E
M n
xn JE xnE
b. n{ Sv
vE xnE
16-08-2010
Shareholders Director
10-02-2012
+E V
of other Board
& Committees
13-10-2011
Total No. of
Membership
E u xi xnE
ctu z o / mrbr;gt fu U
rl=u N fU;t/
m=g;t fUe
fw U t mk gt
b. E Cx
Shri R.M. Chaturvedi
7.
+x b B
i
E ni
vE xnE
B.{..Bx.
vE xnE
Shareholders Director
10-02-2012
Shareholders Director
10-02-2012
56
* Shri J.P. Dua was the Executive Director of the Bank from
07-11-2007 to 03-12-2009
Note:
(i) None of the directors on the Board is a member in
more than 10 committees or acts as Chairman of more
than 5 Audit Committee/ Shareholders Grievance
Committees across all companies in which he is a
director.
E< xnE BE n E in x *
x E + <b E + BBx
(B+<B+B) E +vI + BBx E {S M x]
E ]] G] * =xE { EM + ]b xx Miv
E {E +x *
x 19.07.2011 E ix E +v E B +EE
M-E xnE E { b E Oh E*
x xn EV, n t V Yx
+x E l +{x xiE {`G { E* =xE {`
E vi + =x E B i{x E Ij |ME
Yx B {E +x *
nMx Eh i E +vI V BE {VEi M
E M`x + Oh Ij I |nx Ex B Bb,
l +n E v VMEi {n Ex E B E E
*
b.Bx. <] EV, i, V EzV (.{.) E |vx
i E n + b.Bx. bO EV, iMg (.{.) E
|vx i EE n * < { x 1978
1986 iE V.E. l]E, Ex{ E E l*
E E, Oh +ll + I E Ij {{i
+x *
2.5.5 b. n{ Sv, vE xnE
58
2.5.6 +E V, vE xnE
+E V, hVE xiE + i xn JE
lx +i|{i xn JE * xn JE E
|C] Ei * V Bb E{x, xn JE,
x< n B E ` {]x * =xE { 32 E
E +x Vx c i/] xx B E
E{x k B |vx {, J{I, Evx B
E B |nx Ex *
V, +Bx] E + E B <b +W E E
xnE b G: i, 1989 S, 1995 B +|,
1995 S, 2000 iE E u xi xnE l*
{xmSx i, nS M, i E E n l +
1994-95 E n x BBxB E +i ] H =t E E]]
l* ix , n =c x b{] E{x . (i
E E ={G) B |{ {Bx B] xV] E. |. .,
E b ij xnE * z E ={G E E]]
, V - <x]CS b{] b, BS{ ]] <C]] b
+ {]x B xME =bbx M, S |n E*
<b | x Bb <x]] . il bbE ]b
bV] x |. . E b vE xnE *
V x 10.02.2012 E E b vE xnE E {
E Oh E*
2.5.7 B.{..Bx. , vE xnE
B.{..Bx. BE ` +<BB (xk) +vE *
=xx xiE i { .<. B BB {`G { E*
=xE E |x B =tM 36 E +x * E
+<BB E { VxE q E v xi xh E
Exx iE E {E +x * =xE { +v-xE
E 10 +vE E +x *
E =tM, k, +ll B v E |S Yx * 5 Mo
E {h EE E B Mx EV E. . E |J l
; E{x Mh l* <xE EE E n x E{x E E {]
< + E{x E x M*
59
3. 2011-12 E nx +Vi b
h
i E ` E E
xnE
E x
S.N.
Name
of Director
1
2
3
4
5
6
7
8
9
10
11
+
B
b B BS
{ +< V
+<
]
i
B
B
{v
B i
BOARD
MCB
ACB
RMC
DPC
SHIGC
ITCOM.
FMC
CSC
Remu.
Com.
x.
i
B
]
B
B +<B
Nom.
Com
STC
CAC
SIAC
V.{. n+
Shri J.P. Dua
16
20
19
Shri D. Sarkar
16
20
11
2#
20
16
20
11
21
11
Shri S. Ramaswamy*
Shri A. Udgata
10
14
19
10
11
18
b. E
B.+. xE
i Ei J
b. E Cx
b. E =V Wx +
{. . Mbb *
. n xh
. B.
. B. =nMi
. +. B. Sin
n E E{*
Shri Deveshwer Kumar Kapila* 3
13 b. xi EVM*
Dr. Vasant Baburao Kaujalgi* 4
14 b. n{ Sv**
Dr. Sudip Chaudhuri**
4
15 . +E V
Shri Ashok Vij
2
16 . B.{..Bx.
Shri A.P.V.N. Sarma
2
17 . x E
Shri Nirmal Kumar Bari
12
18 . M n
Shri Gour Das
15
12
-E{E
# Co-opted
60
`E E il
b xnE E J
={li xnE E J
Date of meeting
18-04-2011
02-05-2011
31-05-2011
28-06-2011
21-07-2011
22-07-2011
22-08-2011
16-09-2011
19-10-2011
02-11-2011
26-11-2011
15-12-2011
16-01-2012
30-01-2012
22-02-2012
10-03-2012
12
11
10
10
9
9
9
9
9
9
9
9
9
9
12
12
9
10
8
9
8
8
8
8
7
8
9
9
8
8
11
11
4. b E i
4.
4.1 b E |vx i
k j, i E E nxn E l {` i ]Ei
E (|vx B |Eh |vx) Vx 1970 E Jb-13 E +x
b E |vx i E M` x E M*
V.{. n+
+vI B |v xnE
b. E
E{E xnE
Shri D. Sarkar
Executive Director
B.+ xE
E{E xnE
Executive Director
B. =nMi
E u xi xnE
Shri A.Udgata
V B. Sin
xn JE xnE
M n
EM xnE
b. n{ Sv
vE xnE
Shareholders Director
B.{..Bx.
vE xnE
Shareholders Director
61
4.1.2 |vx i E E
4.1.3 i E `E E h
01.04.2011 31.03.2012 E nx xxJi il E
|vx i x 20 `E +Vi E:
4.1.3
`E E il
b E |vx i xnE E .
={li xnE E .
Date of meeting
18-04-2011
19-05-2011
10-06-2011
28-06-2011
21-07-2011
12-08-2011
22-08-2011
16-09-2011
29-09-2011
19-10-2011
02-11-2011
25-11-2011
15-12-2011
23-12-2011
16-01-2012
30-01-2012
14-02-2012
22-02-2012
10-03-2012
24-03-2012
4.2
62
1. b. E
2. B.+. xE
E{E xnE
E{E xnE
3. b. NNtkfU Cx
4. B. =nMi
5. V B. Sin
6. n xh
E u xi xnE
E u xi xnE
xn JE xnE
+EE M-E xnE
1. Shri D. Sarkar
Executive Director
Executive Director
4. Shri A.Udgata
4.2.3 J{I i E E :
4.2.3
J{I i E J E E E k {]M |h E
Ex B =E I Ex iE h E ii, {{ii
B xi xSi E* b E I |ii EB Vx
{ i |vx E l E k {h E I Ei *
63
4.2.4 ` E E h -
4.2.4
`E E il
Details of Meetings:
b E J{I i xnE E .
={li xnE E .
No. of Directors
attended
07-04-2011
02-05-2011
24-06-2011
21-07-2011
22-07-2011
29-09-2011
02-11-2011
16-12-2011
30-01-2012
15-02-2012
04-03-2011
Date of meeting
4.3 VJ |vx i :
4.3.1 b E VJ |vx i :
i V E E nxn E +x 04 S, .2003 E b
E VJ |vx i E M` x E M B - {
<E {xM` x E M *
1. V.{. n+
2. b. E
3. B.+. xE
4. V B. Sin
5. M n
6. b. n{ Sv
7. B.{..Bx
+vI B |v xnE
E{E xnE
E{E xnE
xn JE xnE
EM xnE
vE xnE
vE xnE
1.
2.
Shri D. Sarkar
Executive Director
3.
Executive Director
4.
5.
6.
Shareholders Director
7.
Shareholders Director
The Committee is chaired by Shri J.P. Dua, Chairman & Managing Director.
4.3.3 Function of Risk Management Committee of the Board
The Risk Management Committee devises the policy and
strategy for integrated risk management containing various
risk exposures of the Bank including Credit, Market & Operational risk.
64
4.3.4
`E E il
b E VJ |vx i xnE E .
={li xnE E .
Date of Meeting
No. of Directors
attended
31-05-2011
22-08-2011
25-11-2011
22-02-2012
3. Shri A. Udgata
No. of Directors
attended
3
3
3
3
3
3
3
3
4.5 vE/xE E Ei i
4.5.1 E x vE + xE E Ei E xh E
|Vxl i: 04S, .2003 E vE/xE E Ei
(xh) i E M`x E* i E - { {xM` x
E M*
65
4.5.2
Composition of the Shareholder's / Investors'
Grievances Committee
E{E xnE
E{E xnE
vE xnE
vE xnE
vE xnE
B. . ^S, |vE, (k B J) + B+ E E
E +x{x +vE E { xq] E M *
1.
Shri D. Sarkar
Executive Director
2.
Executive Director
3.
Shareholders Director
4.
Shareholders Director
5.
Shareholders Director
4.5.3 vE/xE E Ei i E E
4.5.4 ` E E h
`E E il
vE/xE E Ei i.
xnE E
={li xnE E .
Date of Meeting
No. of Directors
attended
3
5
19-05-2011
22-02-2012
1. V.{. n+
+vI B |v xnE
2. b. E
E{E xnE
3. B. +. xE
E{E xnE
4. b. E Cx
E u xi xnE
5. V B. Sin
xn JE xnE
6. M n
EM xnE
7. +E V
vE xnE
i E +vIi V.{. n+, +vI B |v xnE u E
Vi *
2. Shri D. Sarkar
Executive Director
Executive Director
Shareholders Director
66
4.6.3 b E +<] i E E
i E M` x E E z +<] {Vx+ E Exx E
xMx i E M *
4.6.4 ` E E h
01.04.2011 31.03.2012 E n x i E 5 `E xxJi
il E +Vi < :
`E E il
b E +<] i xnE E .
={li xnE E .
No. of Directors
attended
31-05-2011
12-08-2011
15-12-2011
16-01-2012
24-03-2012
Date of meeting
vJvc xMx i
xnE E .
={li xnE E .
attended
4
5
5
5
5
5
3
5
5
5
4
5
67
4.8 OE i
4.8.1 xnE b x 9 i 2004 E +Vi ` E
i V E E Mx E nxE 14 +Mi,2004 E {j E
+x{x OE i E M`x E + < -
{ {xM`i E M * i E M`x < =q E M
iE ii +v { OE E Mhk v V E*
4.8.2 OE i E M`x
31.03.2012 E OE i xxJi xnE l*
1. V.{. n+
2. b. E
3. B.+ xE
4. x E
5. M n
6. n xh
7. +E V
+vI B |v xnE
E{E xnE
E{E xnE
+vE ES xnE
EM xnE xnE
+EE M-E
vE xnE
2. Shri D. Sarkar
Executive Director
Executive Director
Shareholders Director
The Committee is chaired by Shri J.P. Dua, Chairman & Managing Director.
4.8.3 Function of the Customer Service Committee
To innovate measures for enhancing the quality of customer
service and improve the level of customer satisfaction to all
categories of clientele at all times.
4.8.4 Details of the Meetings
The Committee held 4 meetings during the period
01.04.2011 to 31.03.2012 as detailed below:
OE i
xnE E .
={li xnE E .
No. of Directors
attended
5
6
6
7
5
6
6
6
4.9 {v i
i E, k j, +lE E M, EM |M E
nxE 9 S 2007 E +vSx B. . 20/1/2005-++<
E +x VxE Ij E E E {hEE xnE x{nx
r |ix E {j M i E I + MhiE {]
v + h + {U E nx z +x{x {]
vi SE { +vi Ex{nx Ex ]C i
i jiE {] E b u |{i E M *
Ex{nx E Ex b E ={ i- {v i
u E VBM V E u xi xnE, E u
xi xnE il n +x xnE M*
4.9.1 xnE b x 23.03.2007 E +{x ` E Ex{nx
Vc |ix E |Vx i {hEE xnE E Ex{nx
E Ex Ex E =q {v i E M`x E*
i E - { {xM` x E M *
68
4.9.2. {v i E M`x
lli 31.03.2012 E i E M`x xxx l :
1. b. E Cx
2. B. =nMi
3. V B. Sin
2. Shri A.Udgata
E u xi xnE
E u xi xnE
xn JE xnE
4.9.3. {v i E E
Ex{nx kr |ix E |Vxl vqKofUtrtfU rl=uNfUt fuU
fUtgorlvt=l E bqgtkfUl fUhlt>
4.9.4 `E E h
01.04.2011 mu 31.03.2012 ;fU mrbr; fUe 2 ciXfU nwRko`E E il
b E {v i xnE E .
={li xnE E .
No. of Directors
attended
10-06-2011
24-06-2011
Date of Meeting
4.10 xEx i
4.10.1 i V E E nxE 1 x 2007 E {jE
b+b . .. 47/29.32.001/2007-08 E +x
21.04.2008 E b E xEx i E M`x E M*
E u xi xnE
xn JE xnE
+EE M-E xnE
4.10.3 xEx i E E
xEx i E +vx E v 9(3)(i) E +iMi Vn xSi
xnE/xnE E { xSi x H E M B
=Si i E Si iEi E l xvh Ex E |G {
Ex i *
4.10.4 ` E E h
`E E il
Date of Meeting
01-02-2012
b E xEx
i n E J
={li xnE E .
4.11 +ih i
4.11.1 E x +ih i E M` x E VE
|Vx <C] E +ih/]x, b{E] V
Ex Ei < E iE i x * i E
- { {xM` x E M *
No. of Directors
attended
3
69
+vI B |v xnE
E{E xnE
E{E xnE
+vE ES xnE
EM xnE
4.11.3 +ih i E E
2. Shri D. Sarkar
Executive Director
Executive Director
`E E il
b E +ih i xnE E .
={li xnE E .
Date of Meeting
No. of Directors
attended
3
3
4
5
5
4
4
4
4
3
4
4
4
4
4
3
3
4
4
4
4
40-04-2011
28-04-2011
10-05-2011
19-05-2011
28-06-2011
22-07-2011
12-08-2011
03-09-2011
16-09-2011
29-09-2011
19-10-2011
02-11-2011
16-11-2011
02-12-2011
15-12-2011
28-12-2011
25-01-2012
06-02-2012
16-02-2012
02-03-2012
15-03-2012
4.12 @h +xnx i
i E, k j E nxE 05.12.2011 E V{ji
+vSx J 13/1/2006 + < v +iH {]Eh
E +x E x ` 250 Ec iE E @h |i E +xnx +
` 2 Ec iE E @h Zi/<]-+ |i E +xnx E
=q 22.02.2012 E b E @h +xnx i E M`x
E *
70
+vI B |v xnE
E{E xnE
E{E xnE
|vE(k B J)
|vE(@h)
|vE(+<+B)
2. Shri D. Sarkar
Executive Director
Executive Director
4.12.2 @h +xnx i E E
E) ` 250 Ec iE E @h |i(xvE B M-xvE) E
Ei
J) ` 2 Ec iE E @h Zi/<] + |i E +xnx
5. Shri S. K. Widhani
6. Shri V. K. Chawla
` 2 Crore
4.12.3 `E E h
SE @h +xnx i E M`x 22.02.2012 E E M l
<B k 2011-12 E nx E< ` E +Vi x E
M<*
4.13 xM B +]x i
1. V.{.n+
2. b. E
3. B. + xE
4. x E
2. Shri D. Sarkar
Executive Director
Executive Director
+vI B |v xnE
E{E xnE
E{E xnF
+vE ES xnE
4.13.3 xM B +]x i E E
i E B E B E B |vEi E M V +vx
+]x E +v { i E E <C] E xM B
+]x il ] ]E BCSV B < ]E BCSV =
Ser Ex i +E *
71
4.13.4 ` E E h
nxE 01.04.2011 31.03.2012E +v E nx i E
` E E h xxi -
`E E il
b E +]x
i xnE E .
={li xnE E .
Date of Meeting
No. of Directors
attended
03-03-2012
29-03-2012
5. xnE E {v
5 Remuneration to Directors:
M-E{E xnE E j B k i n Vx
{v i E/i V E E nxn E +x
|nx E V *
5.1 2011-12 E nx E E {hEE xnE +li +vI
B |v xnE B E{E xnE E Mix EB MB ix B
|ix E h xxx :
(` ) /(` in )
G x
Sl
Name
No.
M< k
|ix
Basic
Dearness
Allowance
Arrear
Incentives
Total
953295.00
510448.65
40129.50
800000.00
2303873.15
821490.00
439889.10
34566.60
650000.00
1945945.70
821490.00
439889.10
34566.60
650000.00
1945945.70
b. E (E.x)
Shri D. Sarkar (ED)
3.
B.+. xE (E.x.)
Shri M. R. Nayak (ED)
At present the Bank does not have stock option plan for its
directors.
72
6. Vx b `E :
6.1 E E Mi ix E vh ` E E h xxx :
`E E {
Nature of Meeting
`E E iJ
lx
Venue
i E vh
`E
15 Vx 2009
{x 10.30 V
<]x Vx ES x],
1-201, C]-***, ] E
],
EEi -700 106
Seventh
Annual
General Meeting
+` E vh
`E
M 10 Vx 2010
{x 10.30 V
<]x Vx ES x],
1-201, C]-***, ] E
],
EEi -700 106
Eighth Annual
General Meeting
x E vh
` E
G 10 Vx 2011
{x 10.30 V
<]x Vx ES x],
1-201, C]-***,
] E ],
EEi -700 106
Nineth Annual
General Meeting
73
|Vx
Purpose
31.03.2009 E {i i E E ix{j,
-x J, tuFtyt u E E M< +v
i E E GE{ E v xn E b
E {] il tu F tyt B ix {j {
J{IE E {] { SS, +xnx +
+MEh il <C] { Pi
Ex, EEk ]E BCSV . E E
<C] E SUE { +Sr
Ex + +EE H { BE vE
xnE E xSi Ex E +xnx*
To discuss, approve & adopt the Balance Sheet
of the Bank as at 31-03-2009, Profit & Loss
Account of the Bank for the year ended 31st
March, 2009, the Report of the Board of
Directors on the working and activities of the
Bank for the period covered by the Accounts,
the Auditors Report, to Declare Dividend on
Equity shares, to approve voluntarily delisting
of equity shares of the Bank from the Calcutta
Stock Exchange Ltd. and to elect one
shareholders director in casual vacancy.
6.2 E< E{ x E vh ` E {i x E
M l*
6.3 10.06.2011 E +Vi {U E vh ` E
xxJi xnE ={li l*
1. V.{. n+
2. b. E
3. B.+. xE
4. B J
5. V B Sin
6. M n
7. n E E{
8. n{ Sv
+vI B |vxnE
E{E xnE
E{E xnE
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xn JE xnE
EM ES xnE
vE xnE
vE xnE
Shri J.P.Dua
Shri D. Sarkar
Executive Director
Executive Director
Shri S. Ramaswamy
Shri R. M. Chaturvedi
Shareholders Director
Shareholders Director
E x {V V vi i +{I+ E +x{x E il
+x ]E BCSV +l vE/xE |vEh
u {U ix E { E< +lnb x M M +
x <E +Sx E M< *
E rnrst fuUxW ={v il E E E EE
E J{I i x x x E M *
|vx SS + h {] xnE {] E + *
74
+{I
+x{x
REQUIREMENT
COMPLIANCE
8. |h E v
E |tME + S v E =zx + E V E
x E xi + <E l E x +{x
ivE E =xE v +x SxB |nx Ex E +Ei
E E E * E =x i ]E BCSV E i/
U/E k {h |i Ei V E E Sr
* <x vE +{I E +x BE ] S {j il
BE EEi li Ij E S {j |Ei E
Vi * 2011-2012 E n x i k {h <xx
BC| (+OV) Vx ]hbb (+OV) bBxB x (+OV)
il +xxn V {jE (M) i +Oh S{j |Ei
EB MB l* {h E E E <] www.allahabadbank.in
{ |ni E M*
E/lMi xE E EB MB |Vx]x E E <]
www.allahabadbank.in { nB MB *
9. vE i vh Sx
9.1 n E vh `E E h
nx + nxE
lx
M, 14 Vx, 2012
{x 10.30 csu
<]x Vx ES ],
+< -201, C]-***,
] E ], EEi - 700106
9.2 k {h (+xi) fuU |Ex nu;w rJteg JMo YJk
Eb :
E E k +| S * xxJi iJ E {i
+v i i {h E +xnx
30 Vx, 2012
- V<, 2012 E +i
30 i 2012
- +H, 2012 E +i
31 n 2012
- Vx 2013 E +i
31 S 2013
- J{Ii E J
+|-< 2013
8. Means of Communication:
The Bank appreciates the benefit accruing to the society with
the advent and advancement of technology and means of
communications and further recognized the need of keeping
its stakeholders informed of the events of their interest. The
quarterly/half yearly/ annual financial results of the Bank are
informed to all the Stock Exchanges where the shares of the
Bank are listed. These are published in one national newspaper
and one regional language newspaper based at Kolkata as
per statutory requirement. During the year 2011-12, the
quarterly financial results were published in leading
newspapers namely Financial Express(English), Business
Standard (English), DNA Money (English) and Aanand Bazaar
Patrika (Bengali) etc.. The results are also displayed on the
web site of the Bank www.allahabadbank.in.
The presentation made to the analysts/institutional investors
are hosted on the Banks Website www.allahabadbank.in
9. General Shareholders Information:
9.1 Particulars of 10th Annual General Meeting:
Day & Date
Time
Venue
10.30 A.M.
Eastern Zonal Cultural Centre,
IB-201, Sector-III, Salt Lake City,
Kolkata-700 106
9.2 Financial Year and Calendar for Publication of Financial
Results (Tentative):
The Financial Year of the Bank is April to March
Approval of quarterly results for the period ending
June 30, 2012
September 30, 2012
December 31, 2012
March 31, 2013
9.3 E CV E iJ ( B BVB)
75
]E BCSV
]E Eb
]M E il
Date of Listing
Stock Exchange
Stock Code
xx ]E BCSV (BxB<)
BBE
ALBK
27.11.2002
532480
27.11.2002
/Month
=SS
High
(`)
BxB< /NSE
xx
The annual listing fee for the financial year 2012-13 has
already been remitted to the above Stock Exchanges.
9.5.2 Compliance Officer
Shri A.B. Bhattacharjee, General Manager (F&A) & CFO has
been designated as the Compliance Officer for complying
with various provisions of SEBI, other statutory authorities
and Listing Agreements with the Stock Exchanges.
9.6 Market Price Data:
The monthly high and low quotations and the volume of
shares traded on National Stock Exchange (NSE) and
Bombay Stock Exchange (BSE) during the Financial year
2011-12 were as follows:
=SS
Volume (Number
of shares) (Total)
238.95
202.10
14185070
236.80
202.70
1656052
206.95
176.25
20484405
207.00
183.70
2501855
Vx/June, 11
204.05
185.40
8906552
203.90
186.50
1646482
V</July,
11
222.00
192.35
18842062
222.00
193.25
2907704
+Mi/Aug,
11
206.50
166.70
10791207
206.45
167.20
1159152
180.35
154.10
14384082
184.60
150.35
1193619
160.00
139.00
14065062
159.80
139.05
1679454
x/Nov, 11
173.80
120.85
28640267
174.00
142.00
3959239
n/Dec, 11
167.00
113.40
23969869
167.40
113.60
2968713
Vx/Jan, 12
164.00
114.45
25119619
164.25
114.70
3199980
/Feb, 12
211.30
160.30
32814988
211.40
160.30
4318306
S/Mar, 12
208.55
174.10
25977536
207.10
175.65
3509577
i/Sep,
+H/Oct,
11
11
76
Low
(`)
Low
(`)
+|/April, 11
</May, 11
High
(`)
B< /BSE
xx
Volume (Number
of shares) (Total)
B Bb { BxBC x}]
Date
01-04-2011
02-05-2011
01-06-2011
01-07-2011
01-08-2011
02-09-2011
03-10-2011
01-11-2011
01-12-2011
02-01-2012
01-02-2012
30-03-2012
225.95
198.35
200.15
195.00
202.05
175.30
154.60
148.95
158.60
116.75
163.85
186.05
5826.05
5701.30
5592.00
5627.20
5516.80
5040.00
4849.50
5257.95
4936.85
4636.75
5235.70
5295.55
9.8 V] B ]x BV]
vE E J
Category
No. of shareholders
upto 500
E E |ii (%)
Percentage of Total (%)
E J
No. of Shares
E E |ii (%)
Percentage of Total (%)
153948
89.00
26706513
5.34
501 to 1000
14198
8.21
9888929
1.98
1001 to 2000
3037
1.76
4348780
0.87
2001 to 3000
657
0.38
1606027
0.32
3001 to 4000
309
0.18
1090263
0.22
4001 to 5000
153
0.09
712065
0.14
5001-10000
247
0.14
1765174
0.35
10001and above
428
0.24
453908438
90.78
172977
100.00
500026189
100.00
E/Total
9.11 E b]<Vx
E E E ]bM +x { b] E Vi * E
E <C] E +<B+<Bx Eb INE428A01015.
77
31.03.2012 E lli vE u b] + VE
J MB E h xxx *
vE E J
E J
vi E %
No of shareholders
No. of shares
% of shareholding
53472
40561165
8.11%
89015
176044527
35.21%
30490
283420497
56.68%
172977
500026189
100.00%
VE /PHYSICAL
b] /DEMAT
BxBbB /NSDL
bBB /CDSL
E /TOTAL
xE +{x +xv/Ei i V] E { +l E
xxLi {i { nV E Ei :
allahabadbank.grievance@yahoo.co.in
|vE
M B xE Ei EI
<n E, |vx E
2, xiV b
EEi-700 001
]: 033-22420878
C: 033-22107424
<: investors.grievance@allahabadbank.in
The Manager,
Kolkata-700029.
Kolkata-700 001.
Fax : 033-24541961,24747674
Tele: 033-22420878
Email: mcscal@cal2.vsnl.net.in OR
Fax: 033-22107424
allahabadbank.grievance@yahoo.co.in
Email: investors.grievance@allahabadbank.in
. BB .
(gqrlx : Rttntct= cfU)
77/2B, V b,
EEi-700029
]: 033-40724051 54, 033-24541892
C: 033-24541961, 24747674
<: mcscal@cal2.vsnl.net.in OR
vE E Ei v BB ., EEi
u |{i E Vi il E u |{i E M< Ei E =H
E{x E +Oi E n Vi * 2011-12 E nx |{i
B xii il nxE 31.03.2012 E i +xv /Ei
E h xxi -
78
nxE 31.03.2011 E
lli i
2011-12 E nx |{i
xii
Pending as on 31-03-2011
Resolved
x/Nil
1183
1183
nxE 31.03.2012 E
lli i
Pending as on 31-03-2012
Ei /+xv E .
No. of Complaints/requests
b] =Si Ji +n {c E h xxi :
nxE 01.04.2011 E lli
E/+n
2011-12 E nx nEi B l
Ji +ii
-
i)
ii)
x/Nil
4126
as on 01-04-2011
ii) Shares claimed and transferred to
4126
Nil
4126
Beneficiary account
during the year 2011-12
v n E |{i { b] =Si Ji {c E
nn E Ji V E Vi *
On the receipt of valid claim from the rightful owner the shares
lying in the Demat Suspense account are credited to the
claimant.
iii)
vE E J
vi E J
<C] E %
Description
No. of Holders
% to equity
i E/Government of India
E{x/Insurance Companies
S+ b/]+< Mutual Funds/UTI
k lB / E Financial Institutions/Banks
n lMi xE (n k lB)
Foreign Institutional Investors
(Foreign Financial Institutions)
+x i/Non
E /TOTAL
Resident Indians
276215418
55.24
36
89259724
17.85
66
15186131
3.04
10
193642
0.04
169
62681178
12.54
16
40068
0.01
1302
6862800
1.37
170502
49212751
9.84
875
374477
0.07
172977
500026189
100.00
<B xb] E {] E l Mx V VE
vh Ex vE u V] B +ih
79
BV] E V VB * bbu]<V { Jx
vE <B xb] i +{x b{rV] {]{] {E E*
vE E Ex { Bx<B E v |{i Ex
E E{ {i E V Ei *
13. +S i
E x xnE b + ` |vx EE i |V +S
i i E + < 17.10.2005 E +Vi +{x ` E
b u +MEi E M il E E <] +li
www.allahabadbank.in { ={v *
b E n + ` |vx x E +v { i E
+x{x E {] E + +vI B |v xnE E + E
M< < + E Ph < |inx E + *
Ph
Declaration
E x b E n + E E ` |vx i +S i
xvi E + < E E <] { b *
The Bank has laid down Code of Conduct for all the Board
members and Senior Management of the Bank and the same
is posted on the Banks website.
b E n + ` |vx x +S i E +x{x E
EH n *
(V.{. n+)
+vI B |v xnE
(J. P. Dua)
Chairman & Managing Director
Nugh ctsth fuU mt: mqaefUhK fUe N;tu fuU ylwmth yrlJtgo ylwck" fuU
ylwvttl mu mkckr"; cfU fuU mtkrJr"fU fuUrg tuFtvheGfUt fuU tht
sthe btKvt mktl rfUgt dgt ni>
xnE b E B B =xE +
nxE : 05.05.2012
lx: EEi
(V.{. n+)
+vI B |v xnE
Date:
Place:
80
05.05.2012
Kolkata
(J. P. Dua)
Chairman & Managing Director
J{IE E |h{j
Auditors Certificate
<n E E vE E B
x ]E BCSV E l E E Sri E E Jb 49
lxvi E +x 31 S, 2012 E {i i <n
E, EEi E E{] Mx E li E +x{x E VS
E *
E{] Mxx E i E +x{x E Vn |vx E *
VS E{] Mx E i E +x{x xSi Ex i
E E u +{x< M< |G + =E Exx iE i l*
x i J{I + x E E k h { +i
H Ex *
il =k VxE nB MB {]Eh E
+x |hi Ei E E x ={H Sri E
xvi E{] Mx E i E +x{x E +
i V E E nxn E =Px x Ei *
Ex E +x{x x i E E i i
+x + x E E Ex{nx |vx E Ei B
|i *
Ei { B Bb BB]
Ei B. +. xh Bb E.
Ei B P Bb E.
xn JE / Chartered Accountants
B.+. . / F.R. No:313085 E
(n{ E +O)
xn JE / Chartered Accountants
B.+. . / F.R. No: 002330 S
(B. Bx. E]x) / (M N Venkatesan)
{]x / Partner
ni . / Membership No.-22993
xn JE / Chartered Accountants
B+ . / F.R. No: 302184 E
(Sxnx S]]{v) / (Chandan Chattopadhay)
{]x / Partner
ni . / Membership No.-51254
Ei E. B. +O Bb E.
Ei B. . Vx Bb E.
Ei Bx.E. M Bb E.
xn JE / Chartered Accountants
B.+. . / F.R. No: 0853 N
(. {. )
xn JE / Chartered Accountants
B.+. . / F.R. No: 304012 E
(E E {])
xn JE / Chartered Accountants
B+ . / FR No: 000429N
(Bx.E. M)
(C. P. Mishra)
(N. K. Bhargava)
{]x / Partner
ni . / Membership No.-073009
{]x / Partner
ni . / Membership No.-056623
{]x / Partner
ni . / Membership No.-080624
{]x / Partner
ni . / Membership No.-55420
81
< n E
ALLAHABAD BANK
+xS
Particulars
lli
lli
31.03.2012
(` V )
31.03.2011
(` V )
Schedule
As on 31.03.2012
(` in thousand)
As on 31.03.2011
(` in thousand)
1
2
3
4
5,000,262
100,065,868
1,595,930,804
90,944,791
4,762,154
80,311,712
1,318,871,603
69,181,774
{V + niB
CAPITAL & LIABILITIES
{V / Capital
|Ii B +v /Reserves & Surplus
V / Deposits
=v /Borrowings
+x niB BB |vx / Other Liabilities
and Provisions
37,403,953
39,736,366
1,829,345,678
1,512,863,609
87,124,452
79,009,281
7
8
9
10
11
53,127,636
542,832,364
1,111,450,987
11,977,310
22,832,929
1,829,345,678
31,264,477
432,470,643
936,248,884
11,482,285
22,388,039
1,512,863,609
12
613,339,155
563,944,857
61,648,303
39,845,979
E /Total:
+i /ASSETS
i W E xEn +
Cash and Balances with
Reserve Bank of India
E + M il +{ Sx { n vx
Balances with Banks and
Money at Call and Short Notice
xvx /Investments
+O /Advances
l +i /Fixed Assets
+x +i /Other Assets
E / Total:
V. {. n+
+vI B |v xnE
J. P. DUA
Chairman & Managing
Director
B. +. xE
]. +. S
E{E xnE
E{E xnE
(M. R. NAYAK)
Executive Director
(T. R. CHAWLA )
Executive Director
+. E.
E |vE (k B J)
(R. K. MEHRA)
Assistant General Manager (F& A)
A. B. Bhattacharjee
General Manager (F & A)
CFO & Compliance Officer
Ei B. +. xh Bb E.
xn
xn
(n{ E +O)
Ei E. B. +O Bb E.
Ei B. . Vx Bb E.
xn
xn
ni
(E E {])
(. {. )
B.. ^S
|vE (k B J)
B+ B +x{x +vE
(C. P. Mishra)
{]x /Partner
./ Membership No.-073009
82
Ei B P Bb E.
For S. Ghose & Co.
xn JE /Chartered Accountants
B.+. ./F.R. No: 302184 E
(Sxnx S]]{v) (Chandan Chattopadhay)
{]x / Partner
ni ./ Membership No.-51254
Ei Bx.E. M Bb E.
For N. K. Bhargava & Co.
xn JE /Chartered Accountants
B.+. . / FR No: 000429N
(Bx.E. M)
ni
(N. K. Bhargava)
{]x /Partner
./ Membership No.-080624
< n E
ALLAHABAD BANK
31 S, 2012 E {i i YJk x J
Profit and Loss Account for the year ended 31st March, 2012
h
Particulars
I
II
III
IV
{i
+xS
{i
31.03.2012
(` V )
31.03.2011
(` V )
Schedule
13
14
155,232,776
12,986,792
168,219,568
110,146,917
13,704,127
123,851,044
15
16
103,606,301
26,913,887
69,922,242
23,383,021
19,031,504
149,551,692
18,667,876
1,064,021
19,731,897
16,314,730
109,619,993
14,231,051
1,251,984
15,483,035
4,700,000
7,500,000
116,493
3,600,000
4,000,000
0.00
2,090,000
0.00
3,000,157
486,701
1,838,546
19,731,897
3,560,000
-61,803
2,857,293
463,524
1,064,021
15,483,035
39.18
31.85
+ / INCOME
+Vi V /Interest earned
+x + /Other income
E /Total :
/EXPENDITURE
E M V /Interest expended
{Sx /Operating expenses
|vx + +EE /
|Ii E +ih
(ytgfUh yr"rlgb, 1961 E v
>{ ni +xS J E +z +M
V. {. n+
+vI B |v xnE
J. P. DUA
Chairman & Managing
Director
B. +. xE
]. +. S
E{E xnE
E{E xnE
(M. R. NAYAK)
Executive Director
(T. R. CHAWLA )
Executive Director
+. E.
E |vE (k B J)
(R. K. MEHRA)
Assistant General Manager (F& A)
A. B. Bhattacharjee
General Manager (F & A)
CFO & Compliance Officer
Ei B. +. xh Bb E.
xn
xn
(n{ E +O)
Ei E. B. +O Bb E.
Ei B. . Vx Bb E.
xn
xn
ni
(E E {])
(. {. )
B.. ^S
|vE (k B J)
B+ B +x{x +vE
(C. P. Mishra)
{]x /Partner
./ Membership No.-073009
83
Ei B P Bb E.
For S. Ghose & Co.
xn JE /Chartered Accountants
B.+. ./F.R. No: 302184 E
(Sxnx S]]{v) (Chandan Chattopadhay)
{]x / Partner
ni ./ Membership No.-51254
Ei Bx.E. M Bb E.
For N. K. Bhargava & Co.
xn JE /Chartered Accountants
B.+. ./ FR No: 000429N
(Bx.E. M)
ni
(N. K. Bhargava)
{]x /Partner
./ Membership No.-080624
< n E
ALLAHABAD BANK
xEn | h-{j
31 S, 2012 E {i i
h / Particulars
2011-12
155232776
12944420
168177196
110146917
13659647
123806564
P]B/Less:
E nx V { |nk V
Interest paid during the year on Deposit
(97428717)
(64983235)
(45945391)
(143374108)
(39697750)
(104680985)
Vc: / Add:
l +i { /
Depreciation on Fixed Assets
734980
663897
25538068
19789476
E. {Sx Vi xEn
({SxMi +i + ni+ {ix {)
a.
J. ni+ r (E) :
b.
277059201
(2238886)
258314063
4718039
274820315
263032102
M. +i E (r) :
c.
+O /Advances
xvx /Investments
+x +i /Other Assets
E. {SxMi Miv x
xEn | (E+J+M)
(175202102)
(220200166)
(110361721)
(444890)
(48184404)
(286008713)
(8595688)
(276980258)
14349670
5841320
x Miv xEn |
Cash Flow from Investing Activities
l +i E G/x{]x
Sale/disposal of fixed assets
92253
12748
(1322259)
(976183)
l +i E G /
Purchase of fixed assets
84
2010-11
(1230006)
i E E V /
] II b E xM B n @h
(963435)
21763017
(6177584)
(3320817)
14827023
(4939008)
(2874392)
4594050
6700000
0
0
0
0
16858666
13713623
29978330
18591508
E nx E xEn | (fU+F+d)
P E + xEn + xEn i
D. Cash & Cash equivalent at the beginning of the year
i W E E vtm xEn il
Cash & Balances with RBI
79009281
71837784
31264477
110273758
19844466
91682250
87124452
79009281
53127636
140252088
31264477
110273758
E + M il +{ Sx { n vx
Balances with Banks and Money at Call and
Short Notice
E /Total
R E +i xEn + xEn i
E. Cash and cash equivalent at the end of the year
i W E E { xEn +
Cash and Balances with RBI
E + M il +{ Sx { n vx
Balances with Banks and Money at Call
and Short Notice
E /Total
E nx E xEn | (R-P) /
Total Cash Flow during the year (E-D)
xnE / Directors:
b E Cx / Dr. Shashank Saksena
B =nMi / Sri A Udgata
V B Sin /Sri Rajesh M Chaturvedi
M n / Sri Gour Das
x E / Sri Nirmal Kumar Bari
n xh /Sri Deveshwar Narain Singh
b n{ Sv / Dr. Sudip Chaudhuri
+E V / Sri Ashok Vij
29978330
V. {. n+
+vI B |v xnE
J. P. DUA
Chairman & Managing
Director
B. +. xE
]. +. S
E{E xnE
E{E xnE
(M. R. NAYAK)
Executive Director
(T. R. CHAWLA )
Executive Director
B.. ^S
+. E.
|vE (k B J)
B+ B +x{x +vE
E |vE (k B J)
(R. K. MEHRA)
Assistant General Manager (F& A)
A. B. Bhattacharjee
General Manager (F & A)
CFO & Compliance Officer
Ei B. +. xh Bb E.
xn
xn
(n{ E +O)
Ei E. B. +O Bb E.
Ei B. . Vx Bb E.
xn
xn
ni
(E E {])
(. {. )
18591508
(C. P. Mishra)
{]x /Partner
./ Membership No.-073009
85
Ei B P Bb E.
For S. Ghose & Co.
xn JE /Chartered Accountants
B.+. ./F.R. No: 302184 E
(Sxnx S]]{v) (Chandan Chattopadhay)
{]x / Partner
ni ./ Membership No.-51254
Ei Bx.E. M Bb E.
For N. K. Bhargava & Co.
xn JE /Chartered Accountants
B.+. ./ FR No: 000429N
(Bx.E. M)
ni
(N. K. Bhargava)
{]x /Partner
./ Membership No.-080624
+xS
SCHEDULE
lli
As on
31.03.2012
(` V )
(` in thousand)
lli
As on
31.03.2011
(` V )
(` in thousand)
+xS 1 - {V
SCHEDULE - 1 CAPITAL
30,000,000
30,000,000
2,762,154
2,762,154
2,238,108
2,000,000
5,000,262
4,762,154
19,873,871
16,273,871
4,700,000
3,600,000
24,573,871
19,873,871
8,642,408
8,686,888
NIL
NIL
NIL
NIL
10/- fu
+xS 2 - |Ii + +v
vE |Ii/Statutory Reserves
+l / Opening Balance
E nx {vx / Additions during the year
E / Total :
{V |Ii / Capital Reserves
{xEx |Ii / Revaluation Reserves
+l / Opening Balance
E nx {vx/Addition during the year
E nx E]i /Deduction during the year
B x J +ih /Transfer to Profit & Loss Account
E /Total :
l +i E G |Ii
(42,372)
(44,480)
8,600,036
8,642,408
103,251
103,251
+l / Opening Balance
E nx {vx / Addition during the year
E nx E]i / Deduction during the year
E /Total :
+x /Others
+l / Opening Balance
B x Ji +ih /
Transfer from Profit & Loss Account
E /Total :
E /Total (A+B+C)
86
NIL
NIL
NIL
NIL
103,251
103,251
3,409,453
3,409,453
116,494
NIL
3,525,947
3,409,453
12,229,234
12,155,112
lli
As on
31.03.2012
(` V )
(` in thousand)
III.
V B +x |Ii
i)
ii)
iii)
IV.
+l / Opening Balance
E nx {vx / Addition during the year
E nx E]i / Deduction during the year
E /Total :
|Ii / Special Reserve
V.
i)
ii)
ii)
iii)
VI.
i)
ii)
iii)
VII.
i)
ii)
VIII.
As on
31.03.2011
(` V )
(` in thousand)
+l /Opening Balance
E nx {vx / Additions during the year
E /Total
n p {ix |Ii /
i)
lli
29,032,478
25,032,478
7,500,000
4,000,000
NIL
NIL
36,532,478
29,032,478
4,710,000
1,150,000
2,090,000
3,560,000
6,800,000
4,710,000
(147,678)
(126,265)
259,567
NIL
NIL
(21,413)
111,889
(147,678)
19,063
80,865
NIL
NIL
NIL
(61,802)
19,063
19,063
13,604,846
7,200,000
4,355,942
6,404,846
17,960,788
13,604,846
1,838,545
1,064,020
/Total : (I+II+III+IV+V+VI+VII+VIII)
100,065,868
80,311,712
87
As on
31.03.2012
(` V )
(` in thousand)
lli
As on
31.03.2011
(` V )
(` in thousand)
lli
+xS 3 - xI{
SCHEDULE - 3 DEPOSITS
I.
i)
ii)
E /Total :
Si E xI{ /Savings Bank Deposits
n xI{ / Term Deposits
E k / From Banks
ii) +x / From Others
E /Total :
II.
III.
i)
341,696
95,035,034
95,376,730
391,300,103
479,031
91,081,202
91,560,233
350,004,265
14,683,777
8,128,535
1,094,570,194
1,109,253,971
869,178,570
877,307,105
E /Total :(I+II+III)
i li J+ E xI{ /
1,595,930,804
1,318,871,603
i)
1,589,887,071
1,315,059,908
ii)
i E li J+ E xI{ /
6,043,733
1,595,930,804
3,811,695
1,318,871,603
NIL
2,500,000
119,323
3,121,641
2,961,074
1,315,113
3,000,000
3,000,000
10,000,000
10,000,000
26,119,000
26,119,000
42,199,397
46,055,754
48,745,394
23,126,020
90,944,791
69,181,774
NIL
NIL
E /Total :
+xS 4 - =v
SCHEDULE - 4 BORROWINGS
I.
i)
ii)
iii)
IV)
i =v / Borrowings in India
i W E / Reserve Bank of India
+x E / Other Banks
+x lB B +Eh / Other Institutions and Agencies
xx n @h Ji /
Innovative Perpetual Debt Instrument.
V)
VI)
II.
+{ ] II {V
E /Total :(I+II)
={H I + II i |ii =v
Secured borrowings included in I & II above
88
As on
31.03.2012
(` V )
(` in thousand)
lli
As on
31.03.2011
(` V )
(` in thousand)
lli
/Bills Payable
II. +i E Vx (x) / Inter Office Adjustment (Net)
III. ={Si V / Interest Accrued
IV +lMi E niB /Deferred Tax Liabilities
V. +x (|vx i) /Others (including provisions)
E /Total :
I. n
2,900,509
3,871,215
584,197
2,426,895
3,544,559
5,459,648
575,183
758,635
29,799,505
27,219,973
37,403,953
39,736,366
+xS 6 - i W E xEn +
SCHEDULE - 6 CASH AND BALANCES WITH RESERVE BANK OF INDIA
I. E
c
/ Cash in hand
(n E x] i) (including foreign currency notes)
II. i W E //Balances with Reserve Bank of India
-S Ji / - in Current Account
- +x Ji / - in Other Accounts
E /Total :
3,910,347
3,567,098
83,214,105
75,442,183
NIL
NIL
87,124,452
79,009,281
+xS 7 - E + M il +{ Sx { n vx
SCHEDULE - 7 BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE
I.
i.
ii.
II.
i.
ii.
i / In India
E / Balances with Banks
a) S Ji / in Current Accounts
b) +x V Ji / in Other Deposit Accounts
M il +{ Sx { n vx /
727,017
2,491,628
4,063,180
1,849,666
16,250,000
9,422,961
b) +x
11,991,955
2,400,000
33,032,152
16,164,255
6,868,005
8,232,612
NIL
NIL
13,227,479
6,867,610
NIL
20,095,484
NIL
15,100,222
53,127,636
31,264,477
E / Total : ( i + ii )
i E / Outside India
E / Balances with Banks
a) S Ji / in Current Accounts
b) +x V Ji / in Other Deposit Accounts
M il +{ Sx { =ug vx /
Money at Call and Short Notice
a) E / With Banks
b) +x l+ / With Other Institutions
E /Total : ( i + ii )
E /Total :(I+II)
89
lli
As on
31.03.2012
(` V )
(` in thousand)
lli
As on
31.03.2011
(` V )
(` in thousand)
+xS 8 - xvx
SCHEDULE - 8 INVESTMENTS
i xvx / Investments in India in
I.
i. E |ii / Government Securities
ii. +x +xni |ii / Other Approved Securities
iii. /Shares
iv. bS + v {j /Debentures & Bonds
v. +xM il/+l H ={G xvx
Investments in Subsidiaries and / or
Joint Ventures
vi. +x (S+ b, ]+< +n) /
Others ( Mutual Funds, UTI etc. )
E /Total :
452,119,668
699,770
3,956,678
35,281,356
351,035,281
1,188,444
4,400,236
23,633,139
1,772,204
1,172,204
49,002,688
542,832,364
51,041,339
432,470,643
547,701,484
4,869,120
542,832,364
NIL
542,832,364
435,448,420
2,977,777
432,470,643
NIL
432,470,643
28,134,599
40,543,460
514,714,979
568,601,409
1,111,450,987
405,139,660
490,565,764
936,248,884
945,796,253
776,889,624
34,514,447
124,844,813
936,248,884
+xS 9 - +O
SCHEDULE - 9 ADVANCES
A) i.
ii.
( @h { +O i)
E/E |ii u Ii
90
307,637,300
147,866,409
NIL
451,715,340
907,219,049
19,791,067
699,816
7,498,680
1,040,272
29,029,835
936,248,884
As on
31.03.2012
(` V )
(` in thousand)
lli
As on
31.03.2011
(` V )
(` in thousand)
lli
+xS 10 - l +i
SCHEDULE - 10 FIXED ASSETS
I.
/
Premises (including Revalued Premises)
i.
{ ({xEi { i)
v.
9,991,361
9,983,214
NIL
NIL
296,436
8,147
NIL
NIL
(128)
NIL
310,109
279,866
481,652
439,280
216,255
NIL
9,712,163
9,272,215
7,460,990
6,505,701
809,568
90,730
968,036
11,717
vqJJo ;eo JMo fuU 31 btao fUe r:r; fuU ylwmth ttd; vh
At cost as on 31st March of the preceding year
ii.
iii.
/Total:
/Total :(I+II)
(1,395)
(1,030)
5,913,286
5,250,920
2,265,147
2,210,070
11,977,310
11,482,285
NIL
10,857,079
NIL
7,064,690
5,512,990
3,792,894
109,726
97,089
+xS 11 - +x +i
SCHEDULE - 11 OTHER ASSETS
i.
ii.
iii.
iv.
v.
vi.
91
NIL
NIL
6,353,134
11,433,366
22,832,929
22,388,039
lli
As on
31.03.2012
(` V )
(` in thousand)
lli
As on
31.03.2011
(` V )
(` in thousand)
E E r n Vx @h E { E x E M
(+{vx ni +E M i)
Claims against the bank, not acknowledged as debts
12,291,127
26,550,516
1,600
1,600
458,576,841
399,085,554
72,041,596
40,947,122
8,661,999
4,205,493
60,661,377
92,736,153
1,104,615
418,419
613,339,155
563,944,857
IV.
i / - In India
(ii) i E /-Outside India
|iOh, {`Ex + +x viB/Acceptances, endorsements
(i)
V.
+x n VxE B E +EE { Vn
Other items for which the Bank is
contingently liable
/ Total :
+xS 13 - +Vi V
SCHEDULE 13 - INTEREST EARNED
I)
II)
III)
IV)
+x / Others
E /Total :
92
116,641,289
82,741,766
37,163,763
26,702,663
1,228,902
546,852
198,822
155,636
155,232,776
110,146,917
{i / Year Ended
31.03.2012
(` V )
(` in thousand)
{i / Year Ended
31.03.2011
(` V )
(` in thousand)
+xS 14 - +x +
SCHEDULE 14 - OTHER INCOME
I)
II)
III)
8,380,146
7,837,422
1,228,878
1,614,772
(96,736)
(12,382)
997
375
(611)
(425)
2,896,146
843,009
(1,749,425)
(112,794)
75,042
101,897
, x il +x +i E G {
Profit on Sale of Land, Building and Other Assets
P]B& , x il +x +i E G { x
Less: Loss on sale of Land, Building and Other Assets
IV)
x xnx {
Profit on exchange transactions
P]B& x xnx { x
Less : Loss on exchange transaction
V)
VI)
v + /Miscellaneous Income
E / Total :
2,252,355
3,432,253
12,986,792
13,704,127
97,428,717
64,983,234
1,595,752
482,128
4,581,832
4,456,880
103,606,301
69,922,242
+xS 15 - E M V
SCHEDULE 15 - INTEREST EXPENDED
I)
II)
V { V / Interest on deposits
i W E/+i-E =v { V
Interest on RBI/Inter bank borrowings
III)
+x / Others
E / Total :
93
{i / Year Ended
{i / Year Ended
31.03.2012
(` V )
(` in thousand)
(` V )
(` in thousand)
18,344,859
15,576,240
2,314,468
2,018,006
31.03.2011
+xS 16 - {Sx
SCHEDULE 16 - OPERATING EXPENSES
I)
II)
III)
234,546
220,040
IV)
273,553
358,247
V)
734,980
663,897
VI)
xnE E , k + /
10,402
11,975
176,469
179,098
J{IE E +
(J J{IE i)
Auditors fees and expenses
(including branch auditors)
VIII)
v | /Law charges
200,560
135,818
IX)
193,808
244,822
X)
547,398
412,818
XI)
/ Insurance
1,254,146
999,084
XII)
+x /Other expenditure
2,628,698
2,562,976
26,913,887
23,383,021
E / Total :
94
+xS - 17 i{h J xi
1. J E +v :
(i) k ht fUtu, V +xl =Ji x , J E
{{Mi Mi {{] B ={Si +v { il vE
|vx B xi: E J ri E +x{ x
M *
(ii)
k h i V E (..E) u + +Yx,
+i MEh, |vxEh il +x vi {
- { V EB MB Mn xn E +x{ *
i xn JE lx u V J xE B
=nPh il i E EM =tM |Si J {ri*
2. n p v xnx :
2.1 i E J+/E i :
i)
2.
n J+ E xx-<]O x +{x E {
MEi E M il =xE k h E xxx
|ni E M :
(E) pE B M-pE +i B niB il +EE
niB x BCSV b BBx + <b (b<)
u |iE i E {i { n Vx +i {] n
{*
(J) V n b< u vi i E {i { +vSi
i +i +i n { {ii E Vi *
(M) {h x +i E BE +M Ji n p
]x W J Vi *
(ii)
Basis of Accounting:
c)
(iii)
2.2
Branches in India
95
E M< V i) + E n x n+ E
i E +i i n p { P (b<) u lSi
n { {ii E Vi *
n p vi + il n E xnx E nx M
x n { {ii E Vi *
M] i Ei, {`Ex + +x ni E
|iE i E +i b< u Si |Si V n {
+E Vi *
3. x :
(i) x E i V E E nxn E +x ix |M
l {{Ci iE vi, { i vi il G i
={v MEi E Vi *
(ii) x E |E]Eh E xxJi U MEi E
Vi :
(E) E |ii,
(J) +x +xni |ii,
(M) ,
(P) bS B b,
(R) +xM lB/H =t il
(S) +x
(iii) (E) x V E {{Ci iE vi Ex Si , E
{{Ci iE vi E { MEi E Vi *
(iii)
(J) x V G E il 90 nx i riE {
{xG i vi E Vi , E { i vi E { MEi
E Vi *
(M) x V =Ci nx h MEi x , E G i ={v
E { MEi E Vi *
(P) x E G E = {{Ci iE vi, i vi
+l G E B ={v E { MEi E Vi B h
ii{Si }]M xE nxn E +x{ E Vi *
a)
b)
{ i vi { MEi x E G{- E
+i { {xEi E Vi il {h x E
+Yi E Vi , n r , i = |iE MEh E +iMi
+xnJ E Vi * BE G{ E >{ iB +x
{xx E l {ix x E Vi >
(vi) G i ={v E { JdeoEi x E i +i
{ V G{- Sxi E Vi il {h x +I
E +Yi E Vi + n r , i = |iE MEh E
+iMi +xnJ E Vi * BE G{ E >{ iB B
{xx E l {ix x E Vi >
(v)
(v)
(vii)
Ij Oh E x E hFtJ ttd; { Ei E Vi
(viii)
(ix)
(x)
(xi)
x E |{i E Mi :
G< E M< |ii E |ix il Ex
+ ]-Bb E E x * Ex, n, |ii x-nx
E il ]{ b] x *
x E G |{i /x E B x J
+Yi E Vi * {{Ci iE vi MEh x
E G |{i E i E { B x
J Vi ii{Si < vq k s e +Ii Ji
xVi E Vi *
x E V E xvh i ]E BCSV E]x
B+<BBbB/{bB+< u |ii n E +{x Vi *
B E] x/n E + V E xvh B+<BBbB/
{bB+< +l i V E u xvi xnb E +x
Si {{Ci |i n { E Vi *
(x)
i V E E nxn E +x z h E Jiv
E x xxx E Vi *
(U) V {
V n {, V V +i + ni+ E S Ei , E
={Si +v { Vi = +i +l ni i xq]
{ E Uc E V k h V { +l Mi V
E { Vi *
{ E xx { x +l x E { E nMi +v
+l +i/ni+ E +v E { +Yi E Vi *
(V) ] b M {
]bM { xnx E k h nV {ix E l V
Sxi E Vi *
b)
(xii)
a)
Hedge Swaps :
97
4. +O
(i) +O i V E u xvi nxn E +x{ ={V
B +x{V +O MEi EB Vi il +x{V +O
i |vx E x E { nB Vi *
il{, i V E E nxn E +x xE +O
(={V) i EB MB |vx E +x niB B |vx E
ii E Vi *
5 . l +i +
(i) Ei{ { E +, Vx =xE {xEi n
M , +x { + +x l +i E =xE {i
Mi { n Vi *
(ii) xh +v E nx EB MB {VMi E +x +i E
+iMi E Vi *
(iii) +I E |vx, BB{B B E{] E UcE, V
i V E E nxn E +x{ v {ri 33.33%
E n yJGg E |vx , E{x +vx, 1956 E
+xS XIV xvi n { x {ri E +v {
E Vi *
(iv) {xEi +i E v {xEx E { +iH
+I E E +Ii {V x J +ii
E Vi *
4.
Advances:
(i)
Advances are classified as performing and nonperforming as per guidelines prescribed by RBI and are
shown net of provisions for non-performing advances.
(ii)
5.
(i)
(ii)
(ii)
Vb { | E V E +v E nx {vi
E Vi *
(vi) n J+ E l +i { +I E Mhx = n
|Si Exx E +x E Vi *
6 . + i +i (E { ] } ] )
(i) E{] i }], V ] }] E x E{]
{Si x Ei, r b E +z M , il
+S +i x Vi * V }] b E +z +M
x E{] }] E +i +i x Vi *
(ii) b |{i E{] }] E i +i +i x VM
V }] E /Mi . 10.00 J +vE * <
|E E +i +i =xE G +v E nx +vEi
10 E +v iE {vi E Vi *
7. ES :
(i) E x ES E v +{x ni+ E xi i
i xn JE lx u V J xE 15(vi)ES M E *
(ii) nPv {i ES E |i ni E xvh xS
=Ji xi E +x E +i ij EE u
{Vi <E< |h E |M Ei B EE Ex
u E Vi *
E. OS]
E lli OS] Mix +vx, 1972/ {S]/ xx
E |vx E v +{x ES E xk +l i
(v)
(i)
(ii)
7.
Employee Benefits:
(i)
(ii)
a.
Gratuity:
98
+l {i +n E OS] E Mix Ei *
OS] E Mix i E E +nx Vi xv E JJ
+iE ]] u E Vi * E < xv +{x +nx
OS] E v +{x ni E EE bqgl E +v { Ei *
J. {x (B+{+):
b.
M. +E E i (BB)
v ES E |nx E Vi + < =tM
Zi/+b E +x - { lvi x E
+x Vx E +iMi l{i vi ES E { E
n E v EB MB j E |i{i * M
xvE Vx + E +{x Vx E +iMi +E E
i ni E v |vx EE x E +v { Ei
* x |iE i E +xni EE u E
Vi * BB vi Mix E E -x Ji E
Vi *
P. +E xEnEh
c.
Pension (ABRPR):
E BB v E ={M Ex ES E E S
E E +vEi 30 nx E vE +E E xEnEh
E +xi |nx Ei * xk +l i x { ES E
Ji V vE +E, +vEi 240 nx fuU xEnEh E
+xi n Vi * ES u iM{j nx E
xEnEh E vE +E E 50% + +vEi 120
nx iE i * M xvE Vx + E < Vx E
+iMi +E xEnEh ni E v |vx EE x E
+v { Ei x E +xni EE u E Vi
* B +E xEnEh E Mix E E -x Ji E
Vi *
Leave Encashment:
R. U]]
E E ES u SEi +v { U ]] { S Vx
=i{z E +EEi i +{x ni+ fuU B |vx Ei
V |Si i/x E +x +xY * M xvE
Vx + E <E |vx EE x E +v { Ei
e.
Sick Leave:
99
V E +xni EE u E Vi *
(v)
8.
i)
+{v ES E = E x J +]]Ei
E { +Yi E Vi V vi
B |nx E Vi *
+ + E +Yx
xxJi E + +- E ={S +v { E
Vi
+x{V +i E { MEi +O { V il +x
+ E E j iE +xvi E Vi *
+ E E { { V |{i + + V E E Mhx
vi E xvh +vE u +n V EB Vx
E Vi *
9. {]]
E u |{i EB E ={Si +v { -x J +Yi
E Vi *
{Sx {]] { M< +i i {]] E Mix -x
J E { +Yi E Vi *
ii)
10. |i +Vx
8.
(ii)
9.
Lease :
100
14.
(i)
(ii)
E)
J)
i)
ii)
iii)
+S +i ({xEi +i i) { '<{]
+ ' (n E< ) E +Yi E M il
i xn JE lx u V J xE 28
'<{] + ' E +x -x Ji |i
E Vi *
+EE niB il |vx + +EE +i
i xn JE lx u V J xE 29
|vx, '+EE niB B +EE +i' E +x{
E |vx i +Yi Ei V E {U P]x E
{h{ ix ni =i{z i +
E +lE vx E | ni E vx
i +{Ii M + V ni E E x
+xx E V Ei *
xxJi E B |vx +Yi x E Vi :
{U P]x+ =i{z E< i ni + VE
+ii = P]x E x +l x x { x EM
+l E B +xSi P]xB V {hi E E
xjh x *
E< ix ni V {U P]x+ =i{z + =
+Yi x E M CE :
x E +lE vx E |
ni E vx i +{Ii M +l
ni E E x +xx x E V Ei *
B ni E +EE ni+ E { nV E Vi
* <xE xi +i { xvh E Vi +
ni E E = M E B |vx E Vi VE
B +lE vx E | , =x
+ii +vh {li E UcE V ni E
E x +xx x E V Ei *
k h +EE +i E +Yi x E
Vi CE <E {h{ B + E +Yx
Ei V E x V Ei*
(ii)
a)
b)
i)
ii)
101
+xS-18 J ]{{h
1.
1.
2.1
(i)+i J Vx E |] E x +
vx v E |Mi { B JE z J
x + V |] E 31.03.2012 iE |E
x E n M * J v i +i vx,
{h |, n E< , |vx E i{h x
M*
2.1. (i)
(ii)
EU J+ V, +O B x] Ji E v
h E i/Ji E x/vx E E |Mi {
* =H Ij < {{i |Mi E qxV |vx E +i
E E E J { vx E |, +M i, iiE
x M*
(ii)
(iii)
. . . E xn E +x, 330 J+ E v
z CiMi B +CiMi J {x +i, V
E ` 141.39 Ec x @h , |vx E E lxii
E n M l B +EE J-x J M
l* .. x <x 330 J+ E, B J+ E
{ , ix { E E i h {] x Ex
E +xi n * |vx E +i E E E J {
vx E |, +M i, iiE x M*
(iii)
(iv)
V Jb E +M Mi ={v x , B
+I E Jb il x E Mi { |i
E M *
V Mi ={v x {]] +v i
{]]vi { | E {vx Mi +v
{ +l +Ji { E M *
xxEi {k i {VEh E +{SEiB {
E Vx :-
102
(ii)
(v)
a.
b.
+i +i i +x +i E h xxx
*
(v)
(` Ec )
h / Particulars
+l / Opening Balance
E nx Vc / Additions during the year
E nx {vi / Amortized during the year
<i / Closing Balance
2.3(i)
(ii)
/ Current Year
Mi
/(` in crore)
/ Previous Year
35.59
20.05
3.08
19.19
4.94
3.65
33.73
35.59
2.3. (i)
(ii)
(iii) i
V E E nxn E +x ` 23.00 Ec
(Mi x) E , V E b ] S] h
|ii E G x E x , E
{V |Ii Ji +ii E M *
(iv) V
2.4. The Bank has not made any financing for margin trading
during the year and also not securitised any assets.
2.5. During the year, Bank has issued 2,38,10,771 equity
shares of ` 10/- each at a premium of ` 182.94 per share
amounting to ` 459.40 Crore (approx.) on preferential
allotment basis to Life Insurance Corporation of India
including its various schemes (LIC). Out of `459.40 Crore,
` 23.81 Crore (approx.) credited to Share Capital Account
and ` 435.59 Crore (approx.) to Share Premium A/c.
103
3.
{V/
h
3.1
(` Ec )
Capital
Particulars
Mi
Current Year
Previous Year
12.83
12.96
9.13
8.57
3.70
4.39
55.24
58.00
x / NIL
x / NIL
x / NIL
x / NIL
i)
ii)
iii)
iv)
v)
x / NIL
x / NIL
(` Ec ) / (` in crore)
S
Mi
h
Particulars
(1)
(2)
Current Year
x E / Value of Investments
(i) x E E / Gross Value of Investments
(a) i / In India
(b) i / Outside India
(ii) +I i |vx / Provisions for Depreciation
(a) i / In India
(b) i / Outside India,
(iii) x E x / Net Value of Investments
(a) i / In India
(b) i / Outside India,
x { +I E { vi |vx E Sx
Previous Year
54770.15
x /NIL
43544.84
x /NIL
486.91
/(` in crore)
E nx
xxi E
outstanding
during the year
Minimum
outstanding
during the year
297.78
x /NIL
x /NIL
54283.24
x /NIL
43247.06
x /NIL
297.78
258.58
251.80
130.85
69.45
486.91
84.87
297.78
(` Ec ) /(` in crore)
E nx 31.03.2012 E
+vEi E lli nxE
+i
Maximum
outstanding Daily Average
during the year As on31.03.2012
400.00
5000.00
1936.95
2500.00
(i)
400.00
5000.00
1936.95
2500.00
0.00
0.00
0.00
0.00
100.00
100.00
5000.00
5000.00
1415.85
1415.85
3000.00
3000.00
0.00
0.00
0.00
0.00
(ii)
Corporate Debt Securities
/
Securities purchased under reverse repo
(i) E |ii /Govt. Securities
(ii)
E{] @h |ii /
Corporate Debt Securities
104
. VEi
xV {]
E mebt
""+x ]b""
""+x ]b""
|ii E mebt |ii E mebt
No. Issuer
Amount
Extent of
Private
Placement
Extent of Below
Investment
Grade Securities
Extent of
Unrated
Securities
(1)
(i)
(ii)
(iii)
(iv)
(2)
{B / PSUs
k lB / FIs
E / Banks
|<] E{]/
(3)
(4)
(5)
Extent of
Unlisted
Securities
(6)
(7)
772.10
1687.39
4576.19
593.62
1146.26
131.00
NIL
NIL
NIL
NIL
NIL
NIL
51.38
31.83
NIL
Private Corporate
1782.40
1341.46
205.56
136.87
136.37
Subsidiaries /
Joint Ventures
(vi) +x/ Others
={E/ Sub-total
177.22
348.92
9344.22
177.22
173.92
3563.48
NIL
NIL
205.56
NIL
NIL
136.87
NIL
NIL
219.58
(v)
+xM lB /
H =t
i E
M |vx
342.93
9001.29
/ Shares
bS B xb / Debentures and Bonds
+xM B H =t / Subsidiaries and Joint Ventures
+x / Others
E /Total
ii) M-x{nE M-BB+ x/Non performing Non-SLR investments
i)
ii)
iii)
iv)
h
Particulars
593.12
3648.71
177.22
4925.17
9344.22
(` Ec )
S
Mi
Current Year
Previous Year
(iii)
/(` in crore)
4.04
0.00
2.00
2.04
2.04
(` Ec )
/(` in crore)
Mi
Current Year
Previous Year
500
500
x /NIL
x /NIL
Banking
Banking
(60.94)
(56.02)
(iv)
{ x @h VJ { ExpEh
(v)
105
3.3.2
Sl No
Particulars
(i)
(ii)
(iii)
(iv)
(v)
(` Ec )
/(` in crore)
Ex
b<]
V n
b<]
Currency
Derivatives
Interest rate
derivatives
x /NIL
x /NIL
x /NIL
500.00
500.00
x /NIL
x /NIL
x /NIL
x /NIL
x /NIL
60.94
x /NIL
x /NIL
x /NIL
0.17
0.00
x /NIL
x /NIL
0.25
0.00
E nx { M
100*PV01 E
+vEi B xxi
106
Items
(i)
(ii)
(iii)
(iv)
(` Ec ) /(` in crore)
Mi
Current Year
Previous Year
0.98
0.79
1647.92
2232.06
1821.00
2058.98
1221.80
1747.07
1320.95
1647.92
736.37
1051.06
695.73
1091.70
470.15
940.97
674.75
736.37
(P) <i
863.55
1181.00
751.65
800.00
1077.27
967.28
688.10
863.55
(` Ec )
{xMXi
xE +O
=vEi+ E J / No of Borrowers
E / Amount Outstanding
+viM (=Si )
Standard Advances
Restructured
{xMXi
+xE +O
=vEi+ E J / No of Borrowers
E / Amount Outstanding
+viM (=Si )
Sub-standard Advances
Restructured
{xMXi nMv
+O
Doubtful Advances
Restructured
/ Total
/(` in crore)
b+
CDR
ij
BB< @h
+x
SME Debt
Others
Total
{xMXi
{xMXi
Mechanism
Restructuring
Restructuring
20
930.78
2284
644.62
8407
4388.64
10711
5964.05
79.24
13.26
36.31
128.79
1
9.32
469
88.56
564
220.68
1034
318.55
1.92
0.69
4.57
7.19
284
9.57
659
60.95
943
70.52
0.48
0.90
1.37
21
940.10
3037
742.75
9630
4670.27
12688
6353.12
81.16
14.43
41.78
137.36
=vEi+ E J / No of Borrowers
E / Amount Outstanding
+viM (=Si )
Sacrifice (diminution in the fair value)
=vEi+ E J / No of Borrowers
E / Amount Outstanding
+viM (=Si )
Sacrifice (diminution in the fair value)
107
3.4.3
Details of financial assets sold to Securitisation / Reconstruction Company for Asset Reconstruction:.
(` Ec ) /(` in crore)
S
{U
n/
Items
Current Year
Previous Year
10
ii)
Ji E J / No. of Accounts
B / + E S M Ji E E (|vx P]E)
iii)
0.00
0.70
21.05
21.05
iv)
Mi +ii E M Ji E M +iH |i
0.00
4.95
v)
0.70
4.95
i)
3.4.4
h
Particulars
(` Ec ) /(` in crore)
Mi
Current Year
Previous Year
10
4.05
0.70
xE +i { |vx /
3.4.5
h
Particulars
xE +i E B |vx /
3.5
1
21.05
26.00
+x{i
Particulars
(ii)
(iii)
(iv)
(v)
(vi)
Current Year
Previous Year
509.81
362.57
/ Business Ratios:
h
(i)
(` Ec ) /(` in crore)
Mi
Mi
Current Year
Previous Year
E xv E |iii E { V +
Interest Income as a percentage to Working Funds
8.49%
8.56%
0.52%
1.07%
2.36%
2.37%
1.02%
1.11%
12.17
10.63
0.0836
0.0670
E xv E |iii E { M-V +
E xv E |iii E { {SxMi
108
3.6 +i
(` Ec )
/(` in crore)
n p
{{Ci {]x
Maturity Pattern
Foreign Currency
(]< E])
+O
=v
+i
niB
(Time buckets)
Deposits
Advances
Investments
Borrowings
Assets
Liabilities
1nx / Day 1
2 7 nx / 2 to 7 days
8 14 nx / 8 to 14 days
15 28 nx / 15 to 28 days
29 nx 3
1193.14
439.25
16.33
0.00
170.98
17.12
3152.50
464.65
328.93
508.74
338.02
998.54
3692.61
1363.29
199.05
356.13
154.99
116.96
1635.92
1925.76
1132.90
20.35
483.20
20.76
29246.17
17054.39
3165.29
1599.49
1440.08
1669.31
19205.51
1846.61
1931.68
1955.31
1480.94
23216.87
14414.79
1971.66
274.31
280.59
431.77
58555.02
24872.29
5488.06
1433.79
135.63
214.77
9816.31
12278.31
9386.55.
459.56
244.80
254.06
12509.28
19126.86
30747.86
2510.43
972.52
147.29
159593.08
111145.10
54283.24
9094.48
6176.12
5351.52
(` Ec )
/(` in crore)
29 days to 3 months
3 +vE + 6 iE
6 +vE + 1 iE
Over 6 months and up to 1 year
1 +vE + 3 iE
Over 1 year and up to 3 years
3 +vE + 5 iE
Over 3 years and up to 5 years
5 +vE
Over 5 years
E / Total
3.7
3.7.1
BC{V / Exposures:
{n Ij E BC{V / Exposure to Real Estate Sector:
h / Category
(E) |iI BC{V / /A) Direct exposure
(i) vE - / Residential Mortgages
Mi
Current Year
Previous Year
3573.24
3676.00
3440.55
3330.00
6052.63
3831.00
3.82
133.32
4.84
3.60
- V |lEi Ij @h +O x i {j HMi + @h
(ii)
-of which individual housing loans eligible for inclusion in priority sector advance
hVE -{n / Commercial Real Estate
109
(` Ec )
S
h /
Category
Current Year
/(` in crore)
Mi
Previous Year
V BC{V /
2087.97
11850.98
G . /
h /
Sl.No.
(I) <C]
Particulars
1105.00
8620.44
(` Ec )
S
/(` in crore)
Mi
NIL
0.58
x /
NIL
x /
NIL
105.00
(VII)
x /
22.19
NIL
(V)
x /
(IV)
683.63
(III)
652.01
x /
NIL
x /
NIL
x /
NIL
x /
NIL
x /
NIL
x /
NIL
x /
NIL
33.73
+l <C] =xJ
S+ b E x] E v E u M< n |iri
Underwriting commitments taken up by Banks in respect of primary issue of shares
or convertible bonds or convertible debentures or units of equity oriented mutual funds;
(IX)
Vx ] bM i ]E E E k{h
Financing to stock brokers for margin trading;
(X)
{V V E E BC{V
110
7.55
4.73
687.75
827.67
3.7.3
VJ
h
31.03.2012 E
BC{V (x)
Risk
Category
Exposure (net)
as on 31.03.2012
xMh / Insignificant
E / Low
v / Moderate
+vE / High
i +vE / Very High
|ivi / Restricted
+-Gb] / Off-credit
3.7.4
E
vi |vx
31.03.2011 E
BC{V (x)
Provision held
as on 31.03.2012
Exposure (net)
as on 31.03.2011
31.03.2012
x
x
x
x
x
x
x
568.81
727.16
100.91
89.00
19.92
4.29
0.00
E / Total
(` Ec )
/NIL
/NIL
/NIL
/NIL
/NIL
/NIL
/NIL
E
vi |vx
31.03.2011
Provision held
as on 31.03.2011
x
x
x
x
x
x
x
1022.38
664.26
41.72
43.81
0.05
0.00
8.92
x /NIL
1510.09
/(` in crore)
/NIL
/NIL
/NIL
/NIL
/NIL
/NIL
/NIL
x /NIL
1781.14
(` Ec )/(` in crore)
=vEi E x
BE BC{V
Ei
31.03.2012 E lli E
Name of Borrower
Sanctioned Limit
Outstanding Balance as on
31.03.2012
2380.00
2722.00
=.|. { E{x .
U.P. Power Corporation Ltd.
+|ii +O/
h
3.7.5
(` Ec ) /(` in crore)
Mi
Current Year
Previous Year
Unsecured Advance:
Particulars
a)
b)
2590.32
11724.70
12484.48
x /NIL
589.62
v / Miscellaneous:
3.8.1 E nx +E i E M |vx E / Amount of Provisions made for Income tax during the year:
(` Ec ) /(` in crore)
h
S
Mi
3.8
Particulars
Current Year
Previous Year
314.13
455.66
(18.35)
51.94
111
4.
Disclosure Requirements as per Accounting Standards where R.B.I has issued guidelines in respect of disclosure
items for Notes to Accounts:
4.1
J xE 5 +v i x +l x, { +v n + J xi {ix :
Accounting Standard 5- Net Profit or Loss for the period, prior period items and changes in accounting policies:
{ +v vi + + xxx
(` Ec )/(` In crore)
h/Particulars
+/Income
/Expenditure
x/Net
S /Current Year
Mi /Previous Year
(1.60)
1.29
i xn JE lx u V J xE
15(vi) xvi ri +
(J)
i EE lx u V nxn VBx
26 E +x +xni EE u Ex Ex
E +v { +Yi E Vi *
(0.03)
4.01
(1.57)
(2.72)
4.2.
4.3.
The Bank adopted Accounting Standard 15 (Revised)Employee Benefits, issued by Institute of Chartered
Accountants of India, for recognition of its liabilities in
respect of employee benefits, viz, Pension, Gratuity,
Leave Encashment, LFC and Sick Leave.
Vx E |E / TYPE OF PLAN
xvr / Funded
M-xvr / Non-funded
{x
+E
(B<{+)
OS]
xEnEh
BB +E
Pension
Gratuity
Leave
Encashment
LFC
Sick Leave
8.50%
8.50%
8.50%
8.50%
8.50%
5.00%
1.00%
5.00%
1.00%
5.00%
1.00%
8.50%
8.50%
x /NIL
(ABEPR)
i n / Discount Rate
ix E gi n
Vx +i { + E |ii n
112
x /NIL
1.00%
5.00%
1.00%
x /NIL
x /NIL
E) vi E ix {ix :
(` Ec )
h / Particulars
Vx E |E / TYPE OF PLAN
xvr / Funded
M-xvr / Non-funded
{x
+E
(B<{+) OS]
xEnEh
BB
+E
Pension
Gratuity
Leave
Encashment
LFC
Sick Leave
(ABEPR)
a)
E + {+
C.Y.
2578.77
599.20
129.24
20.61
31.99
P.Y.
686.82
419.72
103.50
14.14
21.51
C.Y.
212.08
47.09
9.06
0.72
2.72
P.Y.
52.38
32.83
7.25
0.44
1.83
C.Y.
573.89
26.19
8.67
0.00
3.03
P.Y.
527.48
25.10
20.12
0.00
4.94
C.Y.
(167.50)
(90.51)
(45.23)
(24.14)
0.00
Benefits Paid
P.Y.
(141.27)
(67.00)
(36.30)
(17.98)
0.00
C.Y.
(22.49)
140.20
59.87
33.55
8.63
P.Y.
1453.37
188.55
34.67
24.01
3.71
E +i {+
C.Y.
3174.75
722.17
161.61
30.74
46.37
P.Y.
2578.77
599.20
129.24
20.61
31.99
Mi
Interest cost
c) S
Mi
e) vi
f)
/ (` In crore)
{ EE x/ (+)
J) Vx {k E =Si {ix
(` Ec ) / (` In crore)
Vx E |E / TYPE OF PLAN
xvr / Funded
M-xvr / Non-funded
{x
+E
(B<{+) OS]
xEnEh
BB
+E
h / Particulars
Pension
Gratuity
Leave
Encashment
LFC
Sick Leave
(ABEPR)
a)
E +i
Vx +i E =Si
Fair Value of Plan Assets at the
beginning of year
C.Y.
P.Y.
1781.59
686.82
438.48
419.72
C.Y.
151.44
37.27
P.Y.
54.95
33.58
C.Y.
769.28
265.74
Employers Contribution
P.Y.
1131.51
52.51
|nk
C.Y.
(167.50)
(90.51)
Benefits Paid
P.Y.
(141.27)
(67.00)
EE (x)/+
C.Y.
37.04
14.18
Actuarial (Loss)/Gain
P.Y.
49.60
(0.33)
C.Y.
2571.85
665.16
P.Y.
1781.59
438.48
Vx +i { iE |i
C.Y.
188.08
50.31
P.Y.
57.00
28.28
b) Vx
+i |ii |i
e)
f)
g)
E +nx
E +i +i E =Si
113
M) x EE x / (+ ) / C
h / Particulars
Gratuity
Leave
Encashment
LFC
Sick Leave
(ABEPR)
(+)
b) Vx +i { EE x/(+)
Actuarial loss / (gain) on
Plan assets (C)
c) x EE (x)/+
Net Actuarial loss / (gain)
d) +v +Yi EE (x)/+
Actuarial loss / (gain) recognized
in the period
+x+Yi EE x
e)
D)
/ (` In crore)
Vx E |E / TYPE OF PLAN
xvr / Funded
M-xvr / Non-funded
{x
+E
(B<{+) OS]
xEnEh
BB
+E
Pension
a) vi { EE x /
Actuarial loss / (gain) on
obligation (B)
(` Ec )
C.Y.
P.Y.
(22.49)
1453.37
140.20
188.55
59.87
34.67
33.55
24.01
8.63
3.71
C.Y.
P.Y.
(37.04)
(49.60)
(14.18)
0.33
0.00
0.00
0.00
0.00
0.00
0.00
C.Y.
P.Y.
(59.53)
1403.77
126.02
188.88
59.87
34.67
33.55
24.01
8.63
3.71
C.Y.
P.Y.
(59.53)
1403.77
126.02
188.88
59.87
34.67
33.55
24.01
8.63
3.71
C.Y.
P.Y.
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(` Ec )
h / Particulars
/ (` In crore)
Vx E |E / TYPE OF PLAN
xvr / Funded
M-xvr / Non-funded
{x
+E
(B<{+) OS]
xEnEh
BB
+E
Pension
Gratuity
Leave
Encashment
LFC
Sick Leave
(ABEPR)
E) E +i {i
vi E ix
a)Present value of defined benefit
C.Y.
3174.75
722.17
161.61
30.74
46.37
P.Y.
2578.77
599.20
129.24
20.61
31.99
C.Y.
P.Y.
2571.85
1781.59
665.16
438.48
0.00
0.00
0.00
0.00
0.00
0.00
C.Y.
P.Y.
602.90
797.18
57.00
160.72
77.60
62.04
34.27
24.45
14.38
10.48
P]B :/Less:
J) E {i { Vx
+i E =Si
b)Fair value of Plan Assets at
close of the Year
ix {j +Yi M-xvr
x ni /(+i)
c) Unfunded Net Liability/ (Asset)
recognized in Balance Sheet
114
R ) B x Ji +Yi :
E) Expenses recognized in Profit & Loss account
(` Ec )
h / Particulars
Vx E |E / TYPE OF PLAN
xvr / Funded
M-xvr / Non-funded
{x
+E
(B<{+) OS]
xEnEh
BB
+E
Pension
Gratuity
Leave
Encashment
LFC
Sick Leave
(ABEPR)
E) S Mi
/ (` In crore)
C.Y.
P.Y.
573.89
527.48
26.19
25.10
8.67
20.12
0.00
0.00
3.03
4.94
C.Y.
P.Y.
212.08
52.38
47.09
32.83
9.06
7.25
0.72
0.44
2.72
1.83
C.Y.
P.Y.
151.44
54.95
37.27
33.58
0.00
0.00
0.00
0.00
0.00
0.00
C.Y.
(59.53)
126.02
59.87
33.55
8.63
P.Y.
1403.77
188.88
34.67
24.01
3.71
R) x
C.Y.
575.00
162.02
77.60
34.27
14.38
P.Y.
1928.69
213.23
62.04
24.45
10.48
J) V Mi
b) Interest Cost
M) Vx +i { |ii +
c) Expected return on Plan Assets
P) +Yi x EE
x/ (+)
S) ix {j +Yi ni+ E Sx :
F) Movements in the Liability recognized in the Balance Sheet
(` Ec )
/ (` In crore)
Vx E |E / TYPE OF PLAN
xvr / Funded
M-xvr / Non-funded
{x
+E
(B<{+) OS]
xEnEh
BB
+E
h / Particulars
Pension
Gratuity
Leave
Encashment
LFC
Sick Leave
(ABEPR)
E) +l x ni
C.Y.
797.18
160.72
0.00
0.00
0.00
P.Y.
0.00
0.00
0.00
0.00
0.00
J) x
C.Y.
575.00
162.02
77.60
34.27
14.38
P.Y.
1928.69
213.23
62.04
24.45
10.48
M) +n E M +nx
C.Y.
(769.28)
(265.74)
0.00
0.00
0.00
c) Contribution paid
P.Y.
(1131.51)
(52.51)
0.00
0.00
0.00
M) <i x ni
C.Y.
602.90
57.00
77.60
34.27
14.38
P.Y.
797.18
160.72
62.04
24.45
10.48
P]B / Less:
115
U) ]] u xB J MB x E |ii :
(%)/(in %)
h
Particulars
{x (B<{+)
OS]
Pension (ABEPR)
Gratuity
Mi
Current Year
Previous Year
Mi
Current Year
Previous Year
22.26
21.35
26.30
31.08
31.68
37.37
33.41
30.20
40.19
39.58
36.27
38.56
0.40
0.85
0.11
0.16
+x x / Other Investment
5.47
0.85
3.91
0.0
4.4
M] SxB Ei k h xE E { 4 E
+x n M< *
E)
vi {] E x, E E l =xE v il EB MB
xnx :
G . x
No.
Name
a)
{nx
{v
Designation
Remuneration
{U
Current Year
Previous Year
23.04
20.37
Sl.
b. E
Shri D. Sarkar
3
E{E xnE
B. +. xE
E{E xnE
Executive Director
19.46
13.57
Shri M. R. Nayak
Executive Director
19.46
12.72
Subsidiary:
i)
c)
d)
116
Joint Venture:
i)
ii)
Associates:
i)
ii)
(` Ec )
h / Particulars
+Vi + /Income Earned
|nk | / Insurance Premium Paid
4.6
{]] |E]Eh
/ Current Year
Mi / Previous Year
8.03
7.42
7.73
6.57
E) E E { E / + v+ E B z {]]
* < v xxi |E]Eh E Vi :xxJi |iE +v i xi x E Ex
{SxMi {]] E +iMi xxi {]] Mix E
M :
31.03.2012 E lli +{i {]] +v i n E
A)
i)
Total of future minimum lease payments under noncancellable operating leases for each of the following
periods:
(` Ec )
Vn {]] +v / Existing Lease Period
n
S
iii)
iv)
/ (` in Crores)
ix {j E iJ E xi x E Ex ={ {]] E
+iMi |{i EB Vx |ii xxi ={ {]]
E Mix E M : x
vi +v i B x E h +Yi {]]
Mix : ` 76.02 Ec ({U ` 66.20 Ec)
vi +v i B x E h +Yi |{i
(+l |{) ={-{]] E Mix :x
ii)
/ (` in Crores)
/Amount Payable
/ Current Year
Mi / Previous Year
46.13
32.96
97.77
41.90
110.25
29.99
iii)
J) k {]] :
E E { k {]] E +iMi E< {k x *
4.7 |i +Vx : J xE (BB) 20 : / Earning Per Share Accounting Standard (AS) 20:
G .
Sl.
No.
h
Particulars
E.
|i + b<]b +Vx
S /
Current Year
Mi /
Previous Year
39.18
31.85
(`)
117
|i + b<]b +Vx E Mhx / Calculation of Basic and Diluted Earning Per Share
G . h
Sl.
Particulars
Mi /
Current Year
Previous Year
1866.79
1423.11
47,64,10,588
44,67,80,864
39.18
31.85
10/-
10/-
No.
E.
Net Profit for the year attributable to Equity Share holders (` in Crores)
J.
<C] E i +i J
M.
P.
|i xx
4.8
+ { E i J - J xE (BB) 22
4.8.
Accounting for Taxes on Income: Accounting
Standard (AS) 22
E nx +lMi E i E Vx E { ` 8.35
Ec(x) ({U x x ` 51.94 Ec) E B
x Ji V E M* ix {j E iJ E lli
+lMi E +i / ni+ E J P]E ix{j E il E
+x xxi :
h
Particulars
(` Ec )
Vx
Vc/(P]B)
E |
At the beginning
of the Year
E {i {
Adjustment
At the close of
Add / (Less) the
Mi
Current Yr.
Previous Yr.
x/NIL
x/NIL
10.50
x/NIL
10.50
4.69
1.23
4.56
3.45
9.25
4.69
3.66
0.00
(3.65)
0.00
x/NIL
3.29
3.29
4.69
4.89
18.35
(0.20)
23.04
4.69
0.00
0.00
Year
/ (` In crore)
Mi
Mi
+lMi E +i
Deferred Tax Assets
+E xEnEh i |vx
Provision for Leave Encashment
+E i |vx
Provision for Sick Leave
x / NIL
+S +i E
Depreciation of Fixed Assets
x E { vi |ii {
={Si rfkU;w +n V
Interest Accrued but not due on securities
held as Investments
E / Total
+lMi E niB (x)
Deferred Tax Liabilities (Net)
80.55
28.81
0.00
51.74
80.55
80.55
80.55
28.81
0.00
51.74
80.55
80.55
75.86
23.92
(18.35)
51.94
57.51
75.86
118
cfU YaxeYb uKe fuU rlJuNt vh yt:rd; fUh yrCtt; lne fUh;t
gtrfU cfU fuU rJath mu Rm mkc"k b mbg b fUtuRo yk;h lnek ni> rlJuNt
vh yt:rd; fUh fuU yrCtt; vh Cth;eg ml=e tuFtfUth mk:tl fUe
rJNuMt mttnfUth mrbr; fuU rJath fuU ylwmth, cfU lu Rm bwu fUtu
Cth;eg cfU mkD fuU vtm btdo=Nol nu;w Cust ni gtrfU Wtud sd; b
Rm rJMg vh fUtgoJtne fUhlu b fUtVUe rCt;tYk ni>
4.9 xx E E : J xE (BB) 24
4.9.
4.10 k +i E { E E +i E {{i + {
J xE (BB) 28 <{] + B] |V
x * |vx E =H xE E +x 31.03.2012
E E E +x +i E< <{] x +
+Yx i E< i{h i x
5.
(` Ec )
h
Mi /
Current Year
Previous Year
220.57
130.84
1183.46
800.00
144.47
81.81
Particulars
(a) x
314.13
455.66
(18.35)
51.94
4.92
12.34
53.95
98.88
1903.15
1631.47
(` Ec )
(a) Bx{B
/ (` In crore)
Mi /
Current Year
Previous Year
967.28
863.55
486.91
297.78
509.81
362.57
2061.21
1747.08
57.51
75.86
26.04
26.04
Particulars
/ (` In crore)
569.11
1112.19
4677.87
4485.07
(` Ec )
h
(a)
/ Particulars
/ Current Year
Mi / Previous Year
48.00
48.00
x/NIL
x/NIL
48.00
x/NIL
x/NIL
48.00
+l |vx Ji +l /
Opening Balance in Floating Provision Account
(b)
E nx E M +l |vx E {h
E nx b b=x E E B |Vx
Purpose and amount of draw down during the year
(d)
+l |vx Ji <i
Closing Balance in Floating Provision Account
5.3.
/ (` in Crores)
Draw Down from Reserves: NIL (Previous year ` 6.18 Crore from special reserve for IRS)
5.4.
A.
(a)
(b)
(c)
(d)
E
E
E
E
78
2114
2124
68
B.
(a)
(b)
(c)
E +i Exi x E M +vxh E J/
5
5
3
5.5
5.8.1.
/ Current Year
998.04
(` Ec ) / (` In crore)
Mi /Previous Year
1464.57
/ Particulars
/ Current Year
Mi /Previous Year
21845.00
13155.00
c VEi+ E E V
Total Deposit of twenty largest depositors
E E E V c VEi+ E V E |ii
120
13.46
9.97
5.8.2.
(` Ec )
Concentration of Advances:
/ Particulars
/ Current Year
12521.82
15.64
13.37
(` Ec )
S
/ Particulars
Mi / Previous Year
17554.92
5.8.3.
/ (` in Crores)
/ (` in Crores)
/ Current Year
Mi / Previous Year
21410.22
14592.97
12.81
13.58
c =vEi+/OE E E BC{V
Total Exposure to twenty largest borrowers/ customers
5.8.4.
(` Ec )
S
/ Particulars
/ (` in Crores)
/ Current Year
Mi / Previous Year
370.42
296.55
Ij / Sector
S / Current Year Mi / Previous Year
E B r Miv / Agriculture & Allied activities
5.06
4.06
=tM (<G, P, v + n) / Industry (Micro, Small, Medium and Large) 0.74
0.77
/Services
5.99
4.29
HE @h /Personal Loans
3.21
1.29
Bx{B E Sx / Movement of NPAs
Sl. No.
1
2
3
4
5.10.
h/Particulars
1 +| 2011 E E Bx{B (+l) E nx r (xB Bx{B)
Amount (` in Crore)
1647.92
2232.06
3879.98
455.07
364.73
<]-+/Write-offs
={ Vc (J) / Sub- Total (B)
31 S 2012 E lli E Bx{B (<i) (E-J)
1821.00
2058.98
1001.20
(iii)
5.11.
h/Particulars
Amount (` in Crore)
E +i / Total Assets
E Bx{B / Total NPAs
E V / Total Revenue
6354.18
2.61
173.11
121
A.
J 01.04.2010 E +l E n E Vcx ES
i {i +nx xk i Vx E Exx
, E x {B+bB E xE + | xjh E
+iMi Bx{B E E{] b i ] {x |h
+{x + E xxq] ES i xH-ES
v E {v E +iMi i E{] Bx{B
+ * S i E E +nx E +xxi E
E + x J x J n M *
B.
6.
6.
Contingent Liabilities:
+EE niB :
ix {j E +xS 12 E G J (I) (VI) l
=Ji B niB G: x/+]x/x
E x{]x E {h, +{ E x{]x, M E M<
, nMi vi+ E i, P]xG + vi
{IE u E M< M { x *
7.
8.
8.
Sector wise break up of provision held under nonperforming advances is deducted on estimated basis
from gross advances to arrive at the balance of net
advances as stated in the Schedule-9 of the Balance
Sheet.
122
9.
10.
E n x, E x + E +vx, 1961 E v 36
(1) (viii) E +x] |Ii `. 209.00 Ec
({U `. 239.00 Ec )E E lxii E
*
10.
11.
11.
12.
V +E Z M {U E +Ec E {x:i
+l {x:MEi E M *
12.
123
J{IE E {]
AUDITORS REPORT
To
i E ]{i
1. x <n E E 31 S, 2012 E {i E ix
{j, = iJ E Mx B x J il xEn |
h E J{I E * =H k h xxEi
EB MB :
i) u J{Ii 20 JB B 46 b E;
ii) +x J{IE u J{Ii 1755 JB;
iii) lx J{IE u J{Ii BE n J
iv) Sx li BE +J{Ii |ixv E B 775
+J{Ii JB B E VxE h E J
|vE u |hi E M * <x +J{Ii J+
2.95% +O, 9.78% V, 1.78% V + +
8% V xi *
3. <x k h E Vn E |vx E *
=kni J{I E +v { <x k h
{ +{x +i H Ex *
4. x +{x J{I xi: i Ei J{I
xnb E +x E * =x xE E +{I E <
v =Si +x |{i Ex i J{I E E C
k h iiE +r h H * J{I
{Ih +v {, E |E] Ex I E VS
il k h |E]Eh E VS Ex *
J{I , |H J ri E Ex + |vx u
EB MB i{h +Ex i O k h E
|iiEh E Ex i *
5. E J{I +i E `
+v *
6. n EB x , +xS 18 E x] .
5.13 E + vx +Ei Ei V VxE Ij E
E E ES i {x E{ {x: Jx { i
W E u +{x nxE 09.02.2011 E {{j .
b+b.{. / 80/21.04.018/2010-11 E v
|nx E M< U] E +x BB 15 ES E |vx
E VxE E { M Ex v ` 448.56
Ec iE E r E Eh {x ni B OS] ni
+lMi EB Vx E i *
7. il k Sx B nB MB {]Eh
E +x il E E lni :
(i)
(ii)
(iii)
E +x{ =Si fM i E M iE E E
31 S, 2012 E EEV E B =Si U |ii
E E*
i{h J xi + =x { ]{{h E l {`i
B x J i xi Ei J ri
E +x{ vi i E ni *
xEn | h, = iJ E {i i xEn
| E B =Si U |ii Ei *
(iii) The Cash Flow Statement gives a true and fair view of
the cash flows for the year ended on that date.
8. ix {j il B x J EM x +vx
1949 E ii +xS E G: E il J i
EB MB *
9. ={H {O 1 =Ji J{I E + E +v
{ B EE E{x (={G E +Vx B +ih) +vx,
1970 u l +{Ii il = |E] + E +vx
x] J 2(i), (+xS-18) E +x +i J Ji
|] E x/vx + E il x] Ji
+i E x + vx E v ;
8. The Balance Sheet and the Profit and Loss Account have
been drawn up in Form A and B respectively of the Third
Schedule to the Banking Regulation Act, 1949.
{] Ei E:
(E) x SxB B {]Eh |{i EB V
k VxE B E +x J{I E
|Vxl +E l il x =x iVxE { *
We report that:
10. In our opinion, the Balance Sheet, Profit and Loss Account
and Cash Flow Statement comply with the applicable
accounting standards.
Ei { B Bb BB]
For P A & Associates
JE / Chartered Accountants
xn
Ei B. +. xh Bb E.
For M. R. Narain & Co.
JE / Chartered Accountants
xn
B.+ . ./F.R. No: 002330 S
ni ./ Membership No.-55420
Ei E. B. +O Bb E.
Ei B. . Vx Bb E.
xn
{]x /Partner
ni ./ Membership No.-73009
lx
xn
ni ./ Membership No.-056623
nxE
/ Date : 05.05.2012
125
Ei B P Bb E.
For S. Ghose & Co.
xn JE /Chartered Accountants
B.+ ./F.R. No: 302184 E
(Sxnx S]]{v) (Chandan Chattopadhay)
{]x / Partner
ni ./ Membership No.-051254
Ei Bx.E. M Bb E.
For N. K. Bhargava & Co.
xn JE /Chartered Accountants
B+ . / FR No: 000429N
(Bx.E. M)
(N. K. Bhargava)
{]x /Partner
ni ./ Membership No.-080624
< n E
ALLAHABAD BANK
h
PARTICULARS
+xS
lli AS ON
lli AS ON
SCHEDULE
31.03.2012
31.03.2011
500.03
476.22
10218.83
8246.43
159583.87
131882.16
9099.38
6918.17
3908.78
4077.41
183310.89
151600.39
8712.48
7901.01
E + M il +{ Sx { n vx
Balances with Banks and Money at Call and Short Notice
5392.66
3140.32
xvx/Investments
@h B +O /Loans & Advances
l +i /Fixed Assets
+x +i /Other Assets
Ex { J /Goodwill on Consolidation
B x Ji E x
54524.21
43492.21
111145.94
93627.87
10
1207.66
1160.17
11
2327.94
2278.81
183310.89
151600.39
61333.91
56394.49
6164.83
3,984.60
E /Total
+EE niB /Contingent Liabilities
h E B / Bills for Collection
Wvh mk=rCo; ylwmrq agt tuFu fUt +z ykd /
12
V. {. n+
+vI B |v xnE
J. P. DUA
Chairman & Managing
Director
B. +. xE
]. +. S
E{E xnE
E{E xnE
(M. R. NAYAK)
Executive Director
(T. R. CHAWLA )
Executive Director
+. E.
E |vE (k B J)
(R. K. MEHRA)
Assistant General Manager (F& A)
A. B. Bhattacharjee
General Manager (F & A)
CFO & Compliance Officer
Ei B. +. xh Bb E.
xn
xn
(n{ E +O)
Ei E. B. +O Bb E.
Ei B. . Vx Bb E.
xn
xn
ni
(E E {])
(. {. )
B.. ^S
|vE (k B J)
B+ B +x{x +vE
(C. P. Mishra)
{]x /Partner
./ Membership No.-073009
126
Ei B P Bb E.
For S. Ghose & Co.
xn JE /Chartered Accountants
B.+. ./F.R. No: 302184 E
(Sxnx S]]{v) (Chandan Chattopadhay)
{]x / Partner
ni ./ Membership No.-51254
Ei Bx.E. M Bb E.
(Bx.E. M)
ni
(N. K. Bhargava)
{]x /Partner
./ Membership No.-080624
< n E
ALLAHABAD BANK
Consolidated Profit & Loss Account for the year ended 31st March, 2012
{i /Year ended
+xS
PARTICULARS
SCHEDULES
I. + / Income
+Vi V / Interest earned
+x + / Other income
E /Total
II. / EXPENDITURE
E M V /Interest expended
{Sx /Operating expenses
|vx + +EE /Provisions & Contingencies
E /Total
(` Ec ) (` In Crores)
{i /Year ended
31.03.2012
31.03.2011
13
14
15527.67
1305.16
16832.83
11024.62
1375.14
12399.76
15
16
10359.97
2722.90
1904.32
14987.19
6992.85
2359.75
1634.38
10986.98
18.70
27.73
1864.34
0.00
1440.51
0.00
1864.34
1440.51
253.64
2117.98
263.35
1703.86
474.40
970.71
366.77
749.82
350.23
333.63
322.64
2117.98
39.14
253.64
1703.86
32.22
+xM +/x E +
Share of earnings/loss in Associates
r i Ei /(x) /
Consolidated profit/(loss) for the year
attributable to the group
Ei ix {j +Oxi
Balance carried over to consolidated Balance Sheet
E /Total
|i +Vx /Earnings per Share
>{ ni +xS J E +z +M
The Schedules referred to above form an integral part of the Accounts.
B. +. xE
V. {. n+
E{E xnE
+vI B |v xnE
xnE / Directors:
b E Cx / Dr. Shashank Saksena
B =nMi / Sri A Udgata
V B Sin /Sri Rajesh M Chaturvedi
M n / Sri Gour Das
x E / Sri Nirmal Kumar Bari
n xh /Sri Deveshwar Narain Singh
b n{ Sv / Dr. Sudip Chaudhuri
+E V / Sri Ashok Vij
J. P. DUA
Chairman & Managing
Director
(M. R. NAYAK)
Executive Director
]. +. S
B.. ^S
+. E.
E{E xnE
|vE (k B J)
B+ B +x{x +vE
E |vE (k B J)
(T. R. CHAWLA )
Executive Director
(R. K. MEHRA)
Assistant General Manager (F& A)
A. B. Bhattacharjee
General Manager (F & A)
CFO & Compliance Officer
Ei B. +. xh Bb E.
xn
xn
Ei B P Bb E.
For S. Ghose & Co.
xn JE /Chartered Accountants
B.+. ./F.R. No: 302184 E
(n{ E +O)
(Dillip Kumar Agarwalla)
{]x /Partner
ni ./ Membership No.-55420
Ei E. B. +O Bb E.
Ei B. . Vx Bb E.
xn
xn
ni
Ei Bx.E. M Bb E.
For N. K. Bhargava & Co.
xn JE /Chartered Accountants
B.+. ./ FR No: 000429N
(Bx.E. M)
(E E {])
(. {. )
lx / Place: EEi / Kolkata
nxE / Date: 5th May, 2012
(C. P. Mishra)
{]x /Partner
./ Membership No.-073009
127
ni
(N. K. Bhargava)
{]x /Partner
./ Membership No.-080624
< n E
ALLAHABAD BANK
31 S, 2012 E i {i Ei xEn | h
Consolidated Cash Flow Statement for the year ended 31st March, 2012
2011-12
2010-11
15527.67
+x + /Other Income
P]B: / Less:
E nx V { |nk V /
1319.62
11024.62
16847.29
1398.42
12423.04
(9742.20)
(6498.94)
{Sx Vi xEn
({SxMi +i + ni+ {ix {)
a.
(4627.22)
(14369.42)
(3994.14)
(10493.08)
76.13
69.80
2554.00
1999.76
J. ni+ r (E)
b.
V /Deposits
+x niB B |vx / Other Liabilities & Provisions
M. +i E (r)
c.
27701.71
(157.73)
25831.42
27543.98
525.18
26356.60
+O /Advances
x /Investments
+x +i / Other Assets
{SxMi Miv x xEn | (E+J+M)
(17518.07)
(22020.12)
(11032.00)
(4867.67)
(49.13)
(28599.20)
(883.37)
(27771.16)
1498.78
585.20
x Miv xEn |
Cash Flow from Investing Activities
9.81
(134.00)
2.50
(124.19)
(124.19)
128
(100.58)
(98.08)
(98.08)
2011-12
2010-11
2181.21
(617.77)
(333.63)
1482.69
(493.90)
(287.44)
459.41
670.00
E n x E xEn | (E+J+M)
E + xEn + xEn i
1689.22
1371.35
3063.81
1858.47
i W E E { xEn il
Cash and Balances with RBI
7901.01
7187.87
E + M il +{ Sx { n vx
R
E
3140.32
1994.99
11041.33
9182.86
E +i xEn + xEn i
i W E E vtm xEn +
Cash and Balances with RBI
8712.48
7901.01
E + M il +{ Sx { n vx
Balances with Banks and Money
at Call and Short Notice
E / Total
5392.66
3140.32
14105.14
11041.33
3063.81
1858.47
E n x E xEn | (R-P)
V. {. n+
+vI B |v xnE
J. P. DUA
Chairman & Managing
Director
B. +. xE
]. +. S
E{E xnE
E{E xnE
(M. R. NAYAK)
Executive Director
(T. R. CHAWLA )
Executive Director
+. E.
E |vE (k B J)
(R. K. MEHRA)
Assistant General Manager (F& A)
A. B. Bhattacharjee
General Manager (F & A)
CFO & Compliance Officer
Ei B. +. xh Bb E.
xn
xn
(n{ E +O)
Ei E. B. +O Bb E.
Ei B. . Vx Bb E.
xn
xn
ni
(E E {])
(. {. )
B.. ^S
|vE (k B J)
B+ B +x{x +vE
(C. P. Mishra)
{]x /Partner
./ Membership No.-073009
129
Ei B P Bb E.
For S. Ghose & Co.
xn JE /Chartered Accountants
B.+. ./F.R. No: 302184 E
(Sxnx S]]{v) (Chandan Chattopadhay)
{]x / Partner
ni ./ Membership No.-51254
Ei Bx.E. M Bb E.
xn JE /Chartered Accountants
B.+. . / FR No: 000429N
(Bx.E. M)
ni
(N. K. Bhargava)
{]x /Partner
./ Membership No.-080624
+xS
SCHEDULE
lli
/ As on
31.03.2012
(< Ec )
(< in Crore)
Particulars
lli
/ As on
31.03.2011
(< Ec )
(< in Crore)
+xS 1 - {V
SCHEDULE 1 - CAPITAL
3000.00
3000.00
500.03
476.22
500.03
476.22
500.03
476.22
0.00
0.00
0.00
0.00
500.03
476.22
2503.61
2030.94
1224.33
1216.96
0.00
0.00
1821.82
1386.22
4346.43
3358.67
322.64
253.64
10218.83
8246.43
+xS 2 - |Ii + +v
SCHEDULE 2 - RESERVES & SURPLUS
h / Particulars
vE |Ii / Statutory Reserves
{V |Ii / Capital Reserves
Ex { vqse |thrGr;gtk / Capital Reserves on Consolidation
| / Share Premium
V B +x |Ii /Revenue and other Reserves
B x Ji /Balance in Profit and Loss Account
E / Total
ix {j E iJ E <x] <]]
130
SCHEDULE
+xS
/ As on
31.03.2012
(` Ec )
(` in Crore)
lli
h
Particulars
/ As on
31.03.2011
(` Ec )
(` in Crore)
lli
+xS 3 - xI{
SCHEDULE 3 - DEPOSITS
h / Particulars
34.17
47.90
9503.46
9108.12
39130.01
35000.43
1468.38
812.85
109447.85
86912.86
159583.87
131882.16
158979.50
131500.99
i E li J+ E xI{ /
Deposits of branches outside India
604.37
381.17
159583.87
131882.16
0.00
250.00
+xS 4 - =v
SCHEDULE 4 - BORROWINGS
h / Particulars
I.
(I)
(ii)
(iii)
(iv)
i =v / Borrowings in India
i W E /Reserve Bank of India
+x E /Other banks
+x lB B +Eh / Other institutions and agencies
xx n @h Ji/
Innovative Perpetual Debt Instrument
(v)
/
Upper Tier II Capital
16.83
312.16
296.11
131.51
300.00
300.00
1000.00
1000.00
2611.90
2611.90
+{ ]-II {V
(vi)
4874.54
2312.60
9099.38
6918.17
0.00
0.00
n / Bills payable
+i-Ex Vx (x) / Inter -office adjustments (net)
={Si V /Interest accrued
+lMi E niB / Deferred Tax Liabilities
+x (|vx i) /Others (including provisions)
E / Total
E M / Grand Total
131
290.05
387.12
58.42
242.69
354.17
545.34
57.52
75.94
3148.62
2826.32
3908.78
183310.89
4077.41
151600.39
SCHEDULE
+xS
/ As on
31.03.2012
(` Ec )
(` in Crore)
lli
h
Particulars
/ As on
31.03.2011
(` Ec )
(` in Crore)
lli
+xS 6 - i W E xEn +
SCHEDULE 6 - CASH AND BALANCES WITH RESERVE BANK OF INDIA
h / Particulars
Ec (n E x] mrn;)/
I.
Cash in hand (including foreign currency notes)
II.
391.07
356.79
8321.41
7544.22
0.00
0.00
8712.48
7901.01
+xS - 7 E + M il +{ Sx { n vx
SCHEDULE 7 - BALANCES WITH BANKS AND
MONEY AT CALL & SHORT NOTICE
h / Particulars
i / In India
E / Balances with banks
(a) S Ji / In Current accounts
(b) +x V Ji /In Other Deposit accounts
(ii) M il +{ Sx { n vx /Money at call and short notice
(a) E /With banks
(b) +x l+ / With other institutions
E / Total
II. i E /Outside India
(a) S Ji /In Current account
(b) +x V Ji /In Other Deposit accounts
(c) M il +{ Sx { n vx /Money at call and short notice
E / Total
E M / Grand Total (I & II)
I.
(i)
143.47
256.29
415.45
191.71
1625.00
942.30
1199.19
240.00
3383.11
1630.30
686.80
823.26
0.00
1322.75
0.00
686.76
2009.55
1510.02
5392.66
3140.32
45258.31
71.18
400.32
3549.14
237.24
35139.73
120.04
445.53
2384.31
217.57
5008.02
54524.21
5185.03
43492.21
0.00
0.00
0.00
0.00
54524.21
0.00
0.00
0.00
0.00
43492.21
+xS 8 - xvx
SCHEDULE 8 -INVESTMENTS
h / Particulars
I. i xvx / Investment in India in
(i) E |ii /Government securities
(ii) +x +xni |ii / Other approved securities
(iii) /Shares
(iv) bS + v {j / Debentures and Bonds
(v) +xM xvx /Investment in Associates
(vi) +x (gway
w t VUzTm gqxeytRo ytr=) /
Others (Mutual Funds, UTI etc)
E /Total
II. i E xvx /Investments outside India in
(i) E |ii (lx |vEh i)
Government securities( including local authorities)
(ii) +xM xvx /Investment in Associates
(iii) +x xvx / Other Investments
E /Total
E M /Grand Total (I) & (II)
132
SCHEDULE
+xS
/ As on
31.03.2012
(` Ec )
(` in Crore)
lli
h
Particulars
III.
(iii) x
/ As on
31.03.2011
(` Ec )
(` in Crore)
lli
55015.22
43794.75
491.01
302.54
54524.21
43492.21
0.00
0.00
2813.46
4054.34
51471.50
40513.97
56860.98
49059.56
111145.94
93627.87
94579.63
77688.96
+xS 9 - +O
SCHEDULE 9 -ADVANCES
h
A.
/ Particulars
(i) G
(ii)
(iii) n
@h /Term loans
E /Total
J/B. (i) i +i u |ii/Secured by tangible assets
( @h { +O i)/(includes advances against book debts)
(ii) E
/E |ii u Ii /
Covered by Bank/ Government Guarantees
(iii) Vxi/Unsecured
E /Total
M/C. I. i +O / Advances in India
(I) |lEi |{i Ij /Priority sector
(ii) VxE Ij /Public sector
(iii) E /Banks
(iv) +x /Others
E /Total
C. II. i E +O /Advances outside India
(I) E =ug /Due from banks
(ii) +x =ug /Due from others
(y/a) G EB MB + xB MB / Bills purchased & discounted
4840.77
3451.45
11725.54
12487.46
111145.94
93627.87
37396.43
30763.73
16772.86
14786.64
0.00
0.00
52253.42
45172.95
106422.71
90723.32
3220.97
1979.11
0.00
0.00
77.30
71.54
bE ] b @h /Syndicated Loans
(R/c) +x / Others
1285.01
749.87
139.95
104.03
E / Total
4723.23
2904.55
111145.94
93627.87
(yt/b)
E M /Grand Total
133
SCHEDULE
+xS
/ As on
31.03.2012
(` Ec )
(` in Crore)
lli
h
Particulars
/ As on
31.03.2011
(` Ec )
(` in Crore)
lli
+xS 10 - l +i
SCHEDULE 10 - FIXED ASSETS
h / Particulars
I. { /Premises
1002.22
29.64
0.00
0.01
79.48
952.37
0.00
21.63
0.00
0.00
21.63
1002.61
0.81
0.00
1.20
72.07
930.15
1.20
0.00
1.08
0.12
0.00
756.70
82.23
9.57
598.24
231.12
658.74
99.40
1.45
529.69
227.00
8.06
7.31
0.48
0.74
0.23
5.90
2.41
1207.53
0.00
5.16
2.89
1160.04
0.13
0.13
1207.66
1160.17
{i E 31 S E li E +x Mi {
At cost as on 31st March of the preceding year
Vx i E n x {vx
Additions during the year including adjustments
|vx i E n x E]i
Deductions during the year including provisions
+V E iJ iE +I /Depreciation to date
E /Total IIA
E / Total ( I, IA, II & IIA )
-- |Mi E ({]] { n M< +i) |vx
III. {V
Capital- Work - in - progress ( Leased Assets )
net of Provisions
E / Total ( I, IA, II, IIA & III )
E x
134
SCHEDULE
+xS
{i / Year Ended
h
Particulars
31.03.2012
(` Ec )
(` in Crore)
{i /Year Ended
31.03.2011
(` Ec )
(` in Crore)
+xS 11 - +x +i
SCHEDULE 11 - OTHER ASSETS
h / Particulars
I. +i E Vx (x) /Inter-Office Adjustments (net)
II. ={Si V /Interest accrued
III. +O { nk E/i { E] M E
Tax paid in advance/tax deducted at source
IV. Jx O B ]{ /Stationery and stamps
V. n E i] |{i E M< M-EE +i
Non-banking assets acquired in satisfaction of claims
VI. +lMi E +i /Deferred Tax assets
VII. +x /Others
E /Total
E M / Grand Total
0.00
1085.71
0.00
707.57
562.08
10.97
385.21
9.94
0.00
0.45
668.73
2327.94
183310.89
0.00
0.25
1175.84
2278.81
151600.39
1229.11
2655.05
0.16
0.16
45857.68
39908.56
E E r n Vx @h E { E x E M
Claims against the bank not acknowledged as debts
II.
III.
IV.
OE E + n M< |ii
(a)
i / In India
i E /Outside India
|iOh, {`E x + +x viB
7204.16
4094.71
866.20
420.55
6066.14
9273.62
110.46
61333.91
6164.83
41.84
56394.49
3984.60
11664.13
8275.43
3720.09
2675.63
122.89
54.68
(b)
V.
VI.
+x n VxE B E +EE { Vn
Other items for which the Bank is contingently liable
E /Total
h i
+xS 13 - +Vi V B
SCHEDULE 13 - INTEREST AND DIVIDENDS EARNED
h / Particulars
I.
II.
III.
IV. +x /Others
E /Total
135
20.56
18.88
15527.67
11024.62
SCHEDULE
+xS
{i / Year Ended
h
Particulars
31.03.2012
(` Ec )
(` in Crore)
{i /Year Ended
31.03.2011
(` Ec )
(` in Crore)
+xS 14 - +x +
SCHEDULE 14 - OTHER INCOME
h / Particulars
I.
II.
838.01
783.74
0.10
0.00
-0.06
-0.01
289.61
73.02
P]B: , x il +x +i E G { x
Less: Loss on sale of land, buildings and other assets
III.
IV.
V.
-174.94
0.00
123.48
161.70
-9.67
0.00
0.00
0.00
0.00
-1.24
0.00
0.00
0.00
0.00
0.00
0.00
VI. a) {]]-k
b)
VII.
E /Total
0.00
0.00
238.63
357.93
1305.16
1375.14
9742.20
6498.95
159.57
48.21
+xS 15 - E M V
SCHEDULE 15 - INTEREST EXPENDED
h / Particulars
I.
II.
V { V /Interest on deposits
i W E/+i-E =v { V
Interest on Reserve Bank of India/ inter-bank borrowings
III. +x /Others
E / Total
458.20
445.69
10359.97
6992.85
1836.11
231.50
23.48
27.36
1558.91
201.98
22.02
35.85
76.68
0.00
69.80
0.00
1.17
1.32
+xS 16 - {Sx
SCHEDULE 16 - OPERATING EXPENSES
h / Particulars
I.
136
SCHEDULE
+xS
{i / Year Ended
h
Particulars
VII.
{i /Year Ended
31.03.2012
(` Ec )
(` in Crore)
31.03.2011
(` in Crore)
17.69
17.94
(` Ec )
20.22
13.73
IX.
19.41
24.54
54.80
41.33
125.41
99.91
0.00
0.00
289.07
272.42
2722.90
2359.75
1904.32
1634.38
18.70
27.73
1864.34
1440.51
253.64
263.35
2117.98
1703.86
474.40
366.77
0.00
0.00
750.00
400.00
11.71
0.00
209.00
349.83
0.00
0.00
301.34
287.04
48.89
46.58
322.64
253.64
2117.98
1703.86
137
9.77
9.02
43.66
70.20
53.43
79.22
18.70
27.73
0.00
0.00
18.70
27.73
Ei J+ vi |ME
J J xi
1. J E +v :
(E) k h, V +xl =Ji x , J E {{Mi
Mi {{] B ={Si +v { il vE |vx
B xi: E J ri E +x{ x +
|ii E M *
(J) k h + +Yx, +i MEh, |vxEh
il +x vi - { V i V
E (++<) E n xn E {] Ei * i
xn JE lx u V J xE B =nPh
B i EM =tM |Si J *
2. Ex |G:
(i) E, <E +xM + BB] E Ei k h,
i xn JE lx u V J xE, vi
xE |vE u V xnxn + xi
Ei J ri B i |Si xi V iE
+xl =Ji x +x{x Ex E +x i{h
{+ E l i EB MB *
(ii)
xxJi +xM E J xE 21 Ei k h
E +x Ei E M :
1.
Basis of Accounting:
(i)
(ii)
2.
(i)
Consolidation procedure:
The Consolidated financial statements of the Bank, its
subsidiary and its associates have been prepared to
comply, in all material aspects, in accordance with the
Accounting standards issued by the Institute of Chartered
Accountants of India, guidelines issued by the respective
regulatory authorities and generally accepted accounting
principles and policies prevailing in India except otherwise
stated.
(ii)
E{x E x
n /x
Country / Residence
Relationship
+ E <x ]b
+xM
India
Subsidiary
(iii)
xxJi BB] + H =t i xn JE
lx u V J xE 23 Ei k h
BB] x E J B J xE 27, H
=t i E k {]M E +x Ei EB
MB *
i i
Ownership Interest
100%
l E x
n/x
i i
Country / Residence
Relationship
Ownership Interest
n Oh E
|Vi E
India
Sponsor Bank
<n { Oh E
|Vi E
India
Sponsor Bank
x { Vx < E{x ]b
H =t
India
mkgw; Wb
Joint Venture
30%
India
Joint Venture
27.04 %
+E (<b) .
138
35%
35%
3. i{h J xi E |E]Eh :
=Ji EM xi Ji: E l vi * E E BE
+xM V C 1 S] E E { {VEi +
BE H =t E{x V M-Vx M *
+xM + BB] E{x =xE xE u xvi
J xi E {x Ei * <x +M xn] x E
M CE Oi: k h E {|I x i{h
x *
4. n p r x-nx :
4.1
(i)
(ii)
3.
i JB / E :
n J+ E IIxx-<]O x +{xII E {
MEi E M ni il =xE k h E xxx
|ni E M ni*
pE B M-pE +i B niB il +EE niB
x BCSV b BBx + <b (b<) u
|iE i E {i { n Vx +i {] n {*
(i)
V n b< u vi i E {i { +vSi
i +i +i n { {ii E Vi *
{h x +i E BE +M Ji n p
]x V J Vi *
n li |ixv E E {Sx E II<]O x
+{xII E { MEi E M il =xE k
h E Mhx xxx E Vi :
(ii)
{h x +i E -x tuJ J Vi
*
n x n E {xEx { {h /x
il x] Ji B < b B +< E nxn E +x
139
V B MB *
(ii) n p vi + + E n E xnx E
iJ E |Si x n E |M E {ii E
Vi *
(iii) Ei, {XEx + M] i +x ni E
|iE i E +i b< u Si |Si n { +E
Vi *
5. x :
(i) E E x E i V E E nxn E +x
ix |M l '{{Ci iE vi', '{ i vi',
'G i ={v' il MEi E Vi *
(ii) =Ci ix h E +xiMi x E |E]Eh E +M
xxJi U MEi E Vi :
(1) E |ii,
(2) +x +xni |ii,
(3) ,
(4) bS B b,
(5) +xM l+/H =t il
(6) +x
(iii)
(iv)
(E) x V E {{Ci iE vi Ex Si , E
{{Ci iE vi E { MEi E i *
(J) x V G E il 90 nx E i {
{xG i vi E Vi , E { i vi
E { MEi E Vi *
(M) x V =Ci nx h MEi x , E G
i ={v E { MEi E Vi *
(P) x E G E = {{Ci iE vi,
i vi +l G E B ={v E { MEi
E Vi B h ii{Si E }]M xE
nxn E +x{ E Vi *
(R) +xME, Ci =t il M x E
{{Ci i vi E { MEi E Vi *
{{Ci i J M E +iMi MEi (Ij Oh E
E +) x +vOh Mi { B MB * +M +vOh
Mi +Ei +vE i i +iH E
{{Ci E +v { {vi E Vi YJk rlltuU
fuU rtY tJ"tl rfUgt st;t *
bxS / b E E V +O E { Z Vi
+i MEh E E E E{h xnb il +O
i |V |vxEh E |M Ei B*
+xM / H =t x E +l E UcE
tm>
(ii)
Investments:
(i)
(ii)
1.
Government Securities,
2.
3.
Shares,
4.
5.
6.
Others
(v)
(v) {
i J M E { MEi x E E
+i { G{ {xEx E Vi il {h
x E {Sx E Vi B x +vx,
n E< , E |iE MEh E +iMi vx x J
140
V i{ :
V n {, V V +i + ni+ E S Ei
, E = +i +l ni i xq] { E UcE V
k h V { +l Mi V
E { Vi , ={Si +v { Vi
*
{ E xx x +l x E { E nMi
+v +l +i / ni+ E +v E { +Yi
E Vi *
]bM { :
(x)
Hedge Swaps :
Trading Swaps :
Advances:
(i)
Advances are classified as performing and nonperforming as per guidelines prescribed by RBI and are
shown net of provisions for non-performing advances.
141
+i E +xiMi xh +v E nx B MB
{VMi E E M *
E{] i }] V = }] E x x S
V Ei vi b E BE +MS + il = +S
+i Z M * V }] vi b E +z M
x , E{] }] E +MS +i Z M *
Gi B MB E{] }] E E i +MS
+i E { Z M , V }] E / Mi
` 10 J +vE * Yume ydtuah ytr;gt fUt vrhNtu"l 10
JMo fUe yr"fU;b yJr" fuU yg"el, WmfUe CtJe ytgw ;fU
rfUgt st;t ni>
9. ES :
(i) ES E E v +{x ni+ E +Yx i
E x i xn JE lx u V J xE
15(vi) ES E |M E *
(i)
(ii)
(i)
(ii)
9.
Employee Benefits:
(i)
(ii)
(ii)
(ii)
(iv)
(v)
xv E v +v i EB MB +nx E E
{ +Yi E Vi + -x Ji |i
E Vi *
+{EE ES E, |nx EB Vx E
x tuFt , M-]]Ei { E { +Yi
E Vi *
SUE xk Vx ( + B) E ii OS] il
{x vi +xO il +iH +nx i E
..E E nxn E +x {S E +v {vi
+lMi V E { x M *
10. V +Yx :
xxJi E UcE + il E J ={Si +v {
E M :
(i) +x{V +i E { MEi +O { V il +x
+ E iE x M *
(ii)
(iii)
+ E il V E E { { V + E,
vi E xvh +vE u {i +n E i J
E M *
VUtttuyptl mtJosrlfU rldob fUtu yt:rd; htsJ gg btlt Vi
ni ytih Rmu vtka JMtu b vrhNtur"; rfUgt Vi ni*
10.
Revenue Recognition :
Interest and Other Income on advances classified as nonperforming assets are recognized to the extent realized.
(ii)
Lease :
11. {]] :
E u |{i EB E ={Si +v { -x J +Yi
E Vi *
{Sx {]] { M< +i i {]] E Mix -x
J E { +Yi E Vi *
12. |i +Vx :
|i <C] E + b<]b +Vx E {] i
xn JE lx u V J xE 20 |i +Vx
fuU ylwmth fUe st;e ni> |i <C] E +Vx E Mhx
+v i E <C] E i +i J x +
E M EE E Vi * |i <C] b<]b +Vx E
Mhx <C] E i +i J + E nx
E b<] <C] E |M E E Vi *
13. Evx :
(i) E i |vx S E (xxi E{E E-] i) +
+lMi E, nxt i E Vi * S E E |vx
|V E n + E fUtlqlt E |M EE E Vi *
+i E Eh =i{z +lMi E +i + niB,
V {i +v |iix E M , ix {j E il iE
143
xB MB n xB Vx E Exx + E n E
|M EE +Yi E Vi * +i E +Yx i iE
x E Vi V iE E i xSi E {{i
EM + ={v M V B +lMi E
+i E VBM*
gql;b JifUrvfU fUh (bix) sbt fUtu ytr;gt vh fuUJt ;c ne
YJk Wm mebt ;fU yrCtt; rfUgt st;t ni sc Yumt Xtum btK ntu
rfU fkUvle xvi yJr" fuU =tihtl mtbtg ytgfUh fUt Cwd;tl
fUhude>
14. xEn B i xEn :
(ii)
(i)
(ii)
a)
b)
i)
ii)
(i)
(ii)
E)
J)
i)
ii)
iii)
i xn JE lx u V J xE 29
'|vx, +EE niB B +EE +i' E +x{
E |vx i +Yi Ei V E {U P]x E
{h{ ix ni =i{z i +
E +lE vx E | ni E
vx i +{Ii M + V ni E E
x +xx E V Ei *
144
Ei k h {
J ]{{h
1. (i)
2. (i)
+i J Vx E |] E x +
vx v E |Mi { B JE z J
x + V |] E 31.03.2012 iE |E
x E n M * J v i +i vx,
{h |, n E< , |vx E i{h x M*
EU J+ V, +O B x] Ji E v h
E i/Ji E x/vx E E |Mi { * =H
Ij < {{i |Mi E qxV |vx E +i E E
E J { vx E |, +M i, iiE x M*
={H Ij {{i |Mi E nJi B |vx E x E
E E Ji { vx E |, n , i{h x
M*
(iii) . . . E xn E +x, 330 J+ E v
z CiMi B +CiMi J {x +i, V
E ` 141.39 Ec x @h , |vx E E lxii
E n M l B +EE J-x J M
l* .. x <x 330 J+ E, B J+ E
{ , ix { E E i h {] x Ex
E +xi n * |vx E +i E E E J { <x
n/ vx E |, +M i, iiE x M*
(ii)
3.
ni z xE xh { S Ex E
n +E i E u ` 2123.57 Ec ({U
` 1834.76 Ec) (+lMi E i) E |vx {{i
x M*
V Jb E Mi ={v x , B +I
Jb il x E Mi { xvi E M *
(ii)
145
(iii)
E.
J.
M.
(v)
b.
c.
+i +i i +x +i E h xxi :
(` Ec )/(` In crore)
h /
+l
Particulars
\ Opening Balance
(ii)
(iii)
(iv)
5.
2011-12
2010-11
35.59
20.05
3.08
19.19
4.94
3.65
33.73
35.59
, {ix bS il <C] Vc S+ b/
S E{] b E x] i E {I +O
E x ` 1045.18 Ec (Mi ` 770.89 Ec)
*
i V E E nxn E +x ` 23.00 Ec
(Mi x) E , V E 'b ] S]' h
|ii E G x E x , E {V
|Ii Ji +ii E M *
146
6.
8.1
6.
The Bank has not made any financing for margin trading
during the year and also not securitised any assets.
7.
8.
E x i xn JE lx u V xxH J
xE (BB) E +x{x E il B J xE E
|vx E +x xxH |E]Eh E V *
J xE 5 : ''+v i x +l x, { E
n il J xi''
{ vi + + E h xxx :
(` Ec )/(` In crore)
h /
S /Current Year
Particulars
+ \ Income
\ Expenditure
x / Net
1.29
(0.03)
4.01
(1.57)
(2.72)
The Bank adopted Accounting Standard 15 (Revised)Employee Benefits, issued by Institute of Chartered
Accountants of India, for recognition of its liabilities in
respect of employee benefits, viz, Pension, Gratuity,
Leave Encashment, LFC and Sick Leave.
8.3.
(J)
8.4
(1.60)
8.2.
i xn JE lx u V J
xE 15(vi) xvi ri +
i EE lx u V nxn VBx
26 E +x +xni EE u Ex Ex
E +v { +Yi E Vi *
vi {IE E |E]Eh - J xE (BB) 18 vi
{] E S B xnx
Mi /Previous Year
vi {] E x, E E l =xE v il EB MB
xnx*
147
(` J ) / (` in Lacs)
GE
{nx
Sl. No.
Name
Designation
31.3.2012
Shri J. P. Dua
b. E
Shri D. Sarkar
3
Current Year
Previous Year
23.04
20.37
V. {. =qyt
{v /
Remuneration
+vI B |v xnE
E xnE
B. +. xE
E xnE
Executive Director
19.46
13.57
Shri M. R. Nayak
Executive Director
19.46
12.72
9.10
13.03
. {. xnE / Ex Directors
1
|n +EE
h \
(` Ec )/(` In crore)
S /Current Year
Particulars
Mi /Previous Year
8.03
7.42
7.73
6.57
Subsidiary:
i)
Joint Venture:
i)
BB] :
Associates:
i)
<n { Oh E*
i)
ii)
n Oh E
E E =H Ij Oh E E E 35 % E , +
x { Vx < E{x 30% E *
148
E) E E { E / + v+ E B z {]]
* < v xxi |E]Eh E Vi :
A)
i)
i)
Lease Disclosure:
(` Ec )/(` In crore)
Vn {]] +v
n / Amount Payable
S /Current Year Mi /Previous
Year
iii)
iv)
ix {j E iJ E xi x E Ex ={ {]] E
+iMi |{i EB Vx |ii xxi ={ {]] E
Mix E M : x ({U : x)
vi +v i B x E h +Yi {] ]
Mix : ` 76.02 Ec ({U ` 60.75 Ec)
vi +v i B x E h +Yi |{i
(+l |{) ={-{]] E Mix :x ({U : x)
46.13
32.96
97.77
110.25
41.90
29.99
iii)
iv)
J) k {]] :
B) Financial Lease:
G .
Sl No.
Particulars
(` Ec )/(` In crore)
Mi
Current Year
Previous Year
39.14
32.22
|i + b<]b +Vx
Basic and Diluted Earning Per Share (Rs.)
149
8.6
8.6.
+ { E i J - J xE (BB) 22
E nx +lMi E i E Vx E { ` 18.35
Ec(x) ({U ` 51.88 Ec) E B x Ji
V E M* ix {j E iJ E lli +lMi E
+i / ni+ E J P]E ix{j E il E +x
xxi :
(` Ec )/(` In crore)
h /
Particulars
E |
Vx Vc/(P])
E +i
At the beginning
of the Year
Adjustment
Add/(Less)
At the close
of the Year
attq JMo
d; JMo
attq JMo
d; JMo
attq JMo
d; JMo
C. Yr.
Pr. Yr.
C. Yr.
Pr. Yr.
C. Yr.
Pr. Yr.
Nil
Nil
10.50
Nil
10.50
Nil
4.69
1.23
4.56
3.46
9.25
4.69
0.00
3.66
Nil
(3.65)
Nil
0.00
Nil
Nil
3.29
Nil
3.29
Nil
0.00
0.54
52.01
(0.54)
52.01
0.00
4.69
5.43
70.36
(0.73)
75.05
4.69
Nil
Nil
Nil
Nil
Nil
Nil
80.55
28.81
Nil
51.74
80.55
80.55
U]] i |vx /
Provision for Sick Leave
x E { vi |ii { ={Si Ei +n V
Interest Accrued but not due on securities
held as Investments
+x / Others
E / Total
+lMi E niB (x) /
0.00
0.59
52.01
(0.59)
52.01
0.00
80.55
29.40
52.01
51.15
132.56
80.55
75.86
23.97
18.35
51.88
57.51
75.86
150
8.7
'k +i E { E E +i E {{i + {
J xE (BB) 28 '<{] + B] ' |V x
* |vx E =H xE E +x 31.03.2012 E
E E +x +i E< <{] x + =Ci xE
E +x +Yx i E< i{h i x
8.8
E lli
rJJhK /
Particulars
(a)
(b)
(c)
(d)
(e)
(f)
(g)
As on 31.03.2012
8.9.Jb
(` Ec )/(` In crore)
E lli
As on 31.03.2011
967.28
863.55
486.91
509.81
2066.06
57.51
26.04
569.11
4682.72
297.78
362.57
1830.53
75.86
26.04
1112.19
4568.52
Jb
Business
Segments
Corporate/
wholesale
security
Treasury
attq JMo
rJJhK / Particulars
htsJ / Revenue
vrhKtb / Result
tJ"tl / Provisions
vrhattl ttC
fUthvtu h u x /:tu f U
r;Cqr;gtk
]V
rhxut crfUkd
yg crfUkd
gJmtg
fw U t
Retail Banking
Other Banking
Operation
Total
Pr.Yr.
Cr.Yr.
Pr.Yr.
Cr.Yr.
Pr.Yr.
Cr.Yr.
Pr.Yr.
Cr.Yr.
Pr.Yr.
4165.92
2983.70
8180.04
5746.27
4230.84
3311.65
256.03
430.61
16832.83
12472.23
154.85
261.07
1715.95
1164.49
1675.31
1320.78
222.55
327.41
Operating Profit
d; JMo
Cr.Yr.
3768.66
3073.75
1606.97
1123.84
2161.69
1949.91
296.18
510.38
1865.51
1439.53
Other Information:
FkzJth ytr;gtk
Segment Assets
376.33
1197.72
151
1148.23
(` Ec )/(` In crore)
Jb
Business
Segments
Cr.Yr.
Retail Banking
Cr.Yr.
yg crfUkd
gJmtg
fw U t
Other Banking
Operation
Total
rhxut crfUkd
Corporate/
wholesale
security
Treasury
attq JMo
rJJhK/ Particulars
fwUt ytr;gtk
fUthvtu h u x /:tu f U
r;Cqr;gtk
]V
Pr.Yr.
Cr.Yr.
d; JMo
attq JMo
d; JMo
Pr.Yr.
Cr.Yr.
Pr.Yr.
Cr.Yr.
Total assets
183310.89 151607.92
FkzJth =ug;tYk
Segment liabilities
164.07
0 172592.03 142874.49
10718.86
8733.43
fwUt =ug;tYk
Total liabilities
183310.89 151607.92
Dhu tq
yk ; hhtx[ e g
Domestic
htsJ / Revenue
ytr;gtk / Assets
(` Ec )/(` In crore)
fw U t
International
Total
attq JMo
d; JMo
attq JMo
d; JMo
attq JMo
d; JMo
Cr.Yr.
Pr.Yr.
Cr.Yr.
Pr.Yr.
Cr.Yr.
Pr.Yr.
16648.85
12401.21
173.11
71.02
16832.83
12472.23
17956.72
147978.13
6354.18
3629.79
183310.89
151607.92
Jb Sx { ]{{h :
Ei Jb {]M +xM E{x, BE M-EM l
E E + E { x M *
The business of the subsidiary company, a nonbanking entity has been considered as residual
business in consolidated segment reporting.
i xn JE lx u V J xE BB17
+ = { E nxn E +x{ M] {]M E
|Vx E E E S Jb MEi E M
+li
o ] V {Sx
o E{]/lE EM
o ] EM
o +x EM
ME Jb E (E) P + (J)+i] Jb MEi
E M *
vE +{I+ +vE BB+ |ii x +
M BB+ |ii x E ] V {Sx x
x M *
E Jb v Vb , +i + ni+ E
vi Jb E +]i E Vi + V E< n v
Jb E |ii x Ei =x |vi E +x{i
+]i E M *
Treasury Operations,
Retail Banking
152
9. +EE niB:
9.
Contingent Liabilities
Such liabilities as mentioned at Sl. No.(I) to (VI) in
schedule 12 of Balance Sheet are dependent upon
the outcome of court / arbitration / out of court
settlement, disposal of appeals, the amount being
called up, terms of contractual obligations, devolvement
and raising of demand by concerned parties
respectively. Additional comments in respect of
contingent liabilities of AllBank Finance Limited are as
follows:
z +{ |vEh E I i E v
ni +E V E{x E ` 8.72 Ec ({U
`8.00 Ec ) E E |{i x E x * 31.03.2012
E lli ` 10.70 Ec ({U ` 8.89 Ec) E
+O E, i { E] MB E + |{ +E b
E { n< M< * Exvh + +{ E z
Sh Vx i i *
E{x E r @h E { +Ei x EB MB n:
` 11.76 Ec ({U ` 11.76 Ec)
10. + E <x . E v xx x E
+nx, . .. n< u 13.05.1992 E + E
<x . E { MB E E E {I {k
E {h +ih x M * inx, E {nM E
iJ E E x M + =E n =x
{ Pi i ={S + +vE { <E E *
={H +n E {h{ E +Vx E nPv
x x M
10.
11.
12.
Sector wise break up of provision held under nonperforming advances is deducted on estimated basis
from gross advances to arrive at the balance of net
advances as stated in the Schedule 9 of the Balance
Sheet.
13.
153
,
xnE b
<n E
1. x lli 31 S, 2012 E <n E (E), <E +xM + BB] B H = t () E Mx ix{j il
= iJ E {i i Ei B x J + Ei lfU=e Jtn rJJhKe E VS E V xxJi :
i)
u J{I EB MB E E J{Ii J*
ii) +x J{IE u J{Ii BE +xM + n BB] E J{Ii J + n H =tbt E +J{Ii J*
<x k h E =kni E E |vx E + <x |vx u {lE k h il <E P]E vi +x k
Sx+ E +v { i E M *
2. ni +{x J{I E +v { <x k h { +{x H Ex * x i xi& E J xE
E +x +{x J {I E * <x xE E +{I E < v Si +x |{i Ex i J {I E E C
k h xvi k {]M fS E +x i EB MB B +r h H * J{I {Ih +v {
E li Ex I E VS il k h |E]Eh * J{I |H J ri E Ex il |vx
u EB MB =Jx |CEx E l O k h E Ex i * E J{I
+i E ` +v *
3. x xxJi E k h E J{I x E :
i)
BE +xM VE k h lli 31 S 2012 E ` 57.73 Ec E E +i il = iJ E {i
` 4.55 Ec E E V ni * <x k h E +x J {IE u {Ii E M VE {]
|ii E M< il V iE +xM E v E v , +i =H J {IE E {] { { i
+vi *
ii) BB] n Ij Oh E (+) , VE k h lli 31 S 2012 E ` 8604 Ec E
E +i il = iJ E {i ` 53.43 Ec E E V ni * <x k h E +x J {IE
u {Ii E M VE {] |ii E M< il V iE +xM E v E v , +i
=H J {IE E {] { { i +vi * BE H =tb E{x, V E{x +J{Ii VE E
+i ` 761.07 Ec + E V ` 62.77 Ec *
iii) BE H =t V BE +i {xxh E{x VE k h +J{Ii + lli 31 S 2012 E ` 146.95
Ec E E +i il = iJ E {i `19.91 Ec E E V ni *
4. {] Ei E i xn JE lx u V J xE 21 Ei k h + J xE 23 Ei
k h B] x E J il J xE 27 H =t i E k {]M E +{I+ B i
W E E +{I+ E +x E |vx u Ei k h i EB MB *
5. n EB x, +xS 18 E x] . 5.13 E + vx+Ei Ei V VxE Ij E E E ES
i {x E{ {x: Jx { i W E u +{x nxE 09.02.2011 E {{j . b+b.{. / 80/21.04.018/
2010-11 E v |nx E M< U] E +x BB 15 ES E |vx E VxE E { M Ex v
` 448.56 Ec iE E r E Eh {x ni B OS] ni lMi EB Vx E i *
6. J{I E +v { il {lE k h E v +x J{IE E {] { S Ex il uFt rxvrKgt fuU +vvx
y:ot; ltux mk. 2 (i) yk;h NtFt Ft;t fUe cubu rJrgt fUu ;wl/CEx, WU ltux b g:tJrKo; rJrCt uFtNeMtu b cfUtgt rJrgt fuU ;wl/CEx
ytih vx fuU J {I {] E vx JE +i E:
(i) Ei ix{j lli 31 S 2012 E E Ei li E B x{I U ni ; B
(ii) Ei B x J = iJ E {i i E |Sx E Ei {h E B x{I U
ni *
(iii) Ei xEn | h-{j, h-{j E +v i E xEn | E B x{I U ni *
Ei {.B. Bb BB]
xn JE
YVUyth mk. 313085E
(n{ E +O)
vtxolh
ni . 55420
Ei B.+. xh Bb E.
xn JE
YVUyth mk. 002330S
(B.Bx. E]x)
vtxolh
ni . 22993
Ei B.. Vx Bb E.
xn JE
YVUyth mk. 304012E
(E E. {])
vtxolh
ni . 056623
154
Ei B.P Bb E{x
xn JE
YVUyth mk. 302184 E
(Snx S]]{v)
vtxolh
ni . 51254
Ei . Yl. fuU. CtdoJ Bb E{x
xn JE
YVUyth mk. 000429N
(Yl. fuU. CtdoJ)
vtxolh
ni . 080624
The Consolidated Cash Flow Statement gives a true and fair view of cash flows of the Group for the period
covered by the statement.
(M.N. Venkatesan)
Partner
Membership No. - 22993
(Chandan Chattopadhay)
Partner
Membership No. 51254
(C.P.Mishra)
Partner
Membership No. 73009
(Mukesh Kr Patawari)
Partner
Membership No.056623
(N.K.Bhargava)
Partner
Membership No 080624
Place: Kolkata
Date: 5th May,2012
155
+E <xx .
xnE E {]
DIRECTORS REPORT
( ` )/( in `)
E V \ Gross Revenue
E \ Total Expenses
E { \ Profit Before tax (PBT)
E i |vx \ Provision for tax
E {Si \ Profit after tax
31.03.2012
31.03.2011
4,54,93,901
1,03,29,906
3,51,63,995
62,00,000
2,89,63,995
5,79,91,192
1,44,39,506
4,35,51,686
1,10,00,000
2,79,50,799
DIVIDEND
31 S, 2012 E {i i xnE x E E
x E*
{Sx
k 2011-12 E nx i +ll Ji:
E EE E l-l P Eh V E` pE xi,
=SS pi + v x B +tME Miv E Eh
n E li x * {U n 8.4 |ii E r nx
E {Si 2011-12 E nx E P =i{n 6.9 |ii
r E +Ex E M l* =v E =SS Mi B +x
Mi r x =tM E |ni + +iE S { |iE
| b *
k 2011-12 E nx V n +xSii E Eh
k p V E Miv E n +<* Bxb B
{ V Ji E +vE xMEi+ E l-l <x
Ji E lMi xE/+ni+ x { <iV Ex
+ li E {Jx E ri E +{xB J*
k 2011-12 E +i i E + E p
V EU v nJ< n l Ei e, 2012 V
n + E`i x + ii E E` li E Eh
{o +SxE n M*
xM +v xv E { + H{h gM i
|i nx te Ji xE Ex E{x E x Vxi
+ 16% +vE E r < t{ < +v E nx +i
x ` 38,93,00,000 gE ` 41,69,00,000 M +li
MM 7%*
156
+E <xx .
AllBank Finance Ltd.
E nx BB ih EV + ` 1,56,43,869/- E
{{i { P]E ` 35,66,886 M<* <E J Eh
<n E B +x u z S+ b hFu i x
E =xSx E Vx*
S E B n ]Eh
+{E E{x b ix ij xnE E +{x
Miv E ni Ex E |G * xB xnE E {
k V B +x vi Ij E {E +x V +x
+{E E{x E +{x E Miv iV
x nn M* +{E E{x x< n BE J Jx
E |G * x< n E E H E
l{x il < B EEi E +{x Vn E E
og Ex E E |Mi { * +{E E{x E n]Eh S
k +{x ] | +{x Miv =Jx
r Ex E V E @h x, xM |vx, x Miv
B +x E +vi B l iExE +lE i +vx
|VC] Ex B +x *
nxn E +x{x
+{E E{x Sx] EM + +x |V {V V vi
Miv E v u V z xn, nxn,
{{j E +x{x E *
ES E h
+E <xx .
E{] Mxx
(E) b ` E
2011-12 E nx b E U(6) ` E <k + Vx b E
n x xxx M
CORPORATE GOVERNANCE
xn E / Director
V.{. n+ / Shri J. P. Dua
b. E / Shri D. Sarkar
B.. ]]S / Shri A. B. Bhattacharjee
b. xM (01.03.2012 E iM{j)
`E E J
`E ={li
No. of meetings
Meetings attended
6
6
6
5
6
6
6
4
+. V. (26.08.2011 E iM{j)
n (10.09.2011 xCi)
xn E` (10.09.2011 xCi)
Bx + (10.09.2011 xCi)
(J) J i :
b E J{I i E M`x {. E. M{i +vI, B
+. V il B. . ]]S n l* {.E. M{i
+.V u 26 +Mi 2011 iM{j nB Vx E
{h{ n E +vI B Bx +
b. E E n E { xH Ei B xnE b x
J{I i E {xM`x E* J i E EIj E{x
+vx 1956 fUe "tht 292-B E +iMi *
2011-12 E nx J{I i E S(4) `E +Vi
E M<k V ={li xxx l :
xn E / Director
{.E. M{i (26.08.2011 E iM{j)
`E E J
`E ={li
No. of meetings
Meetings attended
2
2
2
2
1
+. V. (26.08.2011 E iM{j)
n (13.12.2011 xCi)
Bx + (13.12.2011 xCi)
b. E (13.12.2011 xCi)
158
+E <xx .
AllBank Finance Ltd.
xnE E ni E h
E) 31 S 2012 E {i k E E J E i
Sx v Si {]Eh E l M J
xE E {x E M
J) xnE x B J xi E Sx B <x Mi {
M E B xh |CEx EB V HMi
B E{h Ivx i E{x E B x{I
ZE B < +v E nx +{E E{x E +l
x E li |ii E V E*
c)
P) xnE x 31 S 2012 E {i i + ii
|i`x +v { E J i EB *
J{IE
E{x +vx, 1956 E v 619(2) E ={v E{x { M
x E Eh i E xjE B J{IE, x< n x
2011-12 i b. Bb , xn JE EEi E
J{IE xH E *
J{IE E {] { |vx E =k
+{x J{I E nx J{IE u E< xn] ]{{h
x E M<*
x
+{E xnE, i E xjE B J{IE u nB MB
Mnx i =xE |i +{x + H Ei *
GENERAL
xnE b E B B E +
(B.. ]]S)
xnE
(V.{. n+)
+vI
(A.B. Bhattacharjee)
Director
159
(J. P. Dua)
Chairman
+E <xx ]b
AllBank Finance Limited
31 S, 2012 E ix-{j
BALANCE SHEET AS AT 31st March, 2012
x]/Note
<C] + niB / EQUITY AND LIABILITIES
1. vE E xv / Shareholders Funds
(a) {V / Share Capital
(b) |Ii B +v / Reserves and Surplus
2. xx-E] niB/ Non-Current Liabilities
nPv |vx / Long-term Provisions
3. S niB / Current Liabilities
(a) { n / Trade Payables
(b) +x S niB / Other Current Liabilities
(c) +{v |vx / Short-term Provisions
(`)
lli/As at
31 st March, 2012
(`)
(`)
2.1
150,000,000
2.2
352,598,566
2.3
lli/As at
31 st March, 2011
(`)
(`)
150,000,000
502,598,566
323,634,571
17,010,629
2.4
532,098
285,833
7,352,345
57,696,985
42,460,461
577,306,180
+i / ASSETS
1. xx-E] +i / Non-current Assets
473,634,571
17,250,776
8,638,816
48,526,071
(`)
50,098,639
540,983,986
(a) l
(c)
(a)
(b)
(c)
(d)
(e)
17,573,397
22,133
84,134
24,400
17,466,178
261,616,414
17,597,797
234,153,665
nPv @h B +O
17,359,911
+i/Current Assets
x/Investments
{ |{ /Trade Receivables
xEn + xEn i
2.7
852,949
279,935,541
984,865
2.8
89,471,243
114,633,041
2.9
607,669
57,632
2.10
92,018,890
53,322,369
2.11
108,218,365
102,692,283
2.12
7,054,472
252,736,327
+{v @h B +O
+x S +i
i{h J xi + J ]{{h
SIGNIFICANT ACCOUNTING POLICIES
AND NOTES ON ACCOUNTS
297,370,639
577,306,180
17,542,334
288,247,659
540,983,986
1&2
ix-{j il E {] ni
b E B B E +
Ei b Bb
xn JE
Chartered Accountants
i b / Subrata De
{]x / Partner
m=g;t mkgt / Membership No.54962
VUbo vksefUhK mkgt / Firm Registration No. 302175E
V.{. n+ / J. P. Dua
+vI / Chairman
n / Subir Das
xnE / Director
B.+.xE/ M. R. Nayak
xnE/ Director
B. . ^S / A. B. Bhattacharjee
xnE / Director
/ Shreya Shah
fUkvle mraJ / Company Secretary
160
+E <xx ]b
AllBank Finance Limited
31 S, 2012 E {i E x J
Statement of Profit and Loss Account for the year ended 31st March, 2012
S
Note
31.03.2012
E {i
31.03.2011
E {i
Year ended
Year ended
31.03.2012
31.03.2011
(`)
(`)
2.13
2.14
11,083,498
34,410,403
45,493,901
26,427,013
31,564,179
57,991,192
2.15
2.16
2.5
5,005,610
5,098,743
225,553
10,329,906
4,917,491
9,326,190
195,826
14,439,507
35,163,995
-
43,551,685
-
35,163,995
35,163,995
43,551,685
43,551,685
6,200,000
-
11,000,000
4,600,887
28,963,995
27,950,798
28,963,995
27,950,798
19.31
18.63
{Sx V
+{niE B +vh n + E {
+vh n B E {
ii {Sx +v i
+ii {Sx
+ii {Sx E v JS
i{h J xi + J ]{{h
SIGNIFICANT ACCOUNTING POLICIE
AND NOTES ON ACCOUNTS
1&2
ix-{j il E {] ni
b E B B E +
Ei b Bb
For De & Bose
xn JE
V.{. n+ / J. P. Dua
+vI / Chairman
n / Subir Das
xnE / Director
B.+.xE/ M. R. Nayak
xnE/ Director
B. . ^S / A. B. Bhattacharjee
xnE / Director
Chartered Accountants
i b / Subrata De
{]x / Partner
m=g;t mkgt / Membership No. 054962
VUbo vksefUhK mkgt / Firm Registration No. 302175E
/ Shreya Shah
fUkvle mraJ / Company Secretary
161
+E <x ]b
AllBank Finance Limited
31 S, 2012 E {i i xEn | h
Cash Flow Statement for the year ended 31 st March, 2012
2011-12
(`)
2010-11
(`)
35,163,995
43,551,685
Vx / Adjusted for :
/ Depreciation
V + / Interest Income
+-S+ b / Dividend Income - Mutual Fund
+- / Dividend Income - Shares
Bx{B i |vx + +{Ii x /
225,553
195,826
(24,447,420)
(23,872,813)
(2,142,797)
(5,364,971)
(31,025)
(28,650)
(1,681,929)
(76,988)
i |vx + +{Ii x /
Provision for Expenses no longer required
x +{ i |vx + +{Ii x /
Provision for Diminution in Investment no longer required
(249)
8,654
(7,625,094)
(153,863)
537,500
(33,483,532)
(2,880)
(30,977,614)
E {V {ix { {Sx
Operating Profit before Working Capital Changes
i Vx
1,680,463
12,574,071
Adjusted for :
]b + +x |{ /
Trade and Other Receivables
(1,000,556)
8,580,137
133,697
1,799,242
1,158,199
162
291,340
1,069,250
11,448,629
1,971,803
24,022,700
5,527,861
33,970,816
(3,556,058)
(9,948,116)
+E <xx .
AllBank Finance Ltd.
2011-12
(`)
(`)
2010-11
J. x Miv xEn |
B. CASH FLOW FROM INVESTING ACTIVITIES
l +i E Jn / Purchase of Fixed Assets
(9,800)
(71,098)
l +i E G |{i +M
Proceeds from Sale of Fixed Assets
5,500
{V E |Mi {/
(84,134)
S+ b x |{i +M (x)
Proceeds from Investments of Mutual Fund (Net)
4,786,890
5,607,983
(41,664,815)
35,385,801
(20,000,000)
16,170,004
31,025
28,650
2,142,797
5,364,971
E E v V x (x)
+{ix bS x
Investment in Non-Convertible Debentures
V + / Interest Income
M k Miv xEn |
587,764
7,106,010
(2,968,294)
(2,842,106)
3,322,369
6,164,475
354,075
3,322,369
1,823
5,349
352,252
3,317,020
354,075
3,322,369
k Miv x xEn
Net Cash from Financing Activities
x]/Note :
1. xEn + xEn i
Ec / Cash in hand
+xS E E :
Bank Balance with Schedule Banks :
S Ji
/ in Current Account
b E B B E +
Ei b Bb
xn JE
Chartered Accountants
i b / Subrata De
{]x / Partner
m=g;t mk. / Membership No.54962
VUbo vksefUhK mkgt / Firm Registration No. 302175E
V.{. n+ / J. P. Dua
+vI / Chairman
n / Subir Das
xnE / Director
B.+.xE/ M. R. Nayak
xnE/ Director
B. . ^S / A. B. Bhattacharjee
xnE / Director
/ Shreya Shah
fUkvle mraJ / Company Secretary
163
+E <xx .
x] -
i{h J xi
k h i Ex E +v
k h E J xE + E{x +vx, 1956 E
Mi |vx E +x i EB Vi + {{Mi Mi
{{] { +vi * J xi, V iE +xl xn] x ,
+xE + xi: Ei J ri E +x{ * n +
|{ iE x MB + + E J, V iE +xl
xn] x , ={Si +v { E M *
1.1
|CEx E |M
k h i Ex i B |vx E +Ei i V B
+xx + |CEx Ei V {] E M< +i + ni+
E E E |i Ei + ix {j E iJ E +EE
ni+ il +i + E nx {] E M< + + E
vi |E]Eh *
+EEi+ E i nV E Vi V < i E x E
ni ={Mi M + = E Si |CEx E V Ei
* V {h Yi/i i = iE {h +
|CEx E +i E +Yi E Vi *
1.3 htsJ yrCttl
1.2
(i)
(ii) V + E +Yx E il |V n E +v
{ M x Vx E E iE
+x{i +v { E Vi *
(ii)
(iii)
(iii)
Lease Finance
The Accounting Standard 19 (AS19) on Leases
came into effect in respect of all assets leased during accounting periods commencing on or after
1.4.2001. Since the Company has not sanctioned
any lease on or after 1.4.2001, the AS19 is not
applicable to the Company.
164
+E <xx .
1.6
1.6 Depreciation
bqgtm
(i) tes vh =e dRo ytr;gt fuU yttJt yg ytr;gtk &
(ii)
(i)
+i +i E {S E +v +l n ={M
+v {S E i +{IEi E +v v J
|h {vi E Vi *
vxTxu vh =e dRo ytr;gtk &
Cth;eg ml=e tuFtfUth mk:tl tht sthe IYfUtWkrxkd VUtph terskdO
vh dtRzum ltux fuU ylwmth tes vh =e dRo ytr;gt vh bqgtm
fUt tJ"tl rfUgt st;t ni>
rlJuN
=eDo yJr" fuU rlJuN fUt ttd; vh bqg rl"othK rfUgt st;t ni> JMo fUe
mbtrt vh rlJuN fuU bqg b tm nu;w tJ"tl Yumu rlJuN fuU bqg b fUbe
ntulu vh rfUgt st;t ni>
Long Term Investments are valued at cost. Provision for diminution in value of investment is made for decrease in value of
such investments if permanent in nature as at the end of the
year.
J;obtl rlJuN fUt bqgtkfUl gql;h ttd; YJk ctsth bqg vh rfUgt st;t
ni>
sntk rlJuN mqaec fUh rtgt dgt ntu vhk;w h fUh r=gt dgt ntu ytih
ctsth fUtuxuNl WvtD l ntu ;:t rlJuN fUtu mqae mu rlfUtt r=gt dgt ntu,
Yumu btbtu b rlJuN fUt bqg ` 1 r; fkUvle rtgt stYdt>
Current Investments are valued at the lower of cost and market value.
In cases where Investments are listed but suspended and
market quotations are not available and where investments
are delisted, the value of the investment has been taken at
` 1/- per Company.
1.8
rJJufUvqKo btl=kz
Although the Company is not doing Hire Purchase and Leasing business yet the Directions issued by the Reserve Bank of
India regarding prudential norms for Non-Banking Financial
Companies for income recognition, asset classification and
provisions have been followed, wherever found applicable.
1.9
1.10 ylwvgtug
165
+E <xx .
ttC YJk ntrl Ft;u fuU ltbu zttfUh ylwvgtug ytr;gt nu;w tJ"tl rfUgt
st;t ni>
1.11
+i E Ii x
E +i E i Ii x Vi V = +i E Jx E
Mi M +vE Vi * V +i E Ii
E { +xvi E Vi = Ii x E B
x J |i E Vi * n +xxi M
{ix M i { J +v +Yi Ii x E
|iii E Vi
1.12 ES
ES ES u |nx E M< E ={Si i
* xvi +nx Vx+ l xv +nx E +Yx
+nx nx { E Vi *
An asset is treated as impaired when the carrying cost of assets exceeds its recoverable value. An impairment loss is
charged to profit and loss account in the year in which an
asset is identified as impaired. The impairment loss recognized in prior accounting periods is reversed if there has been
a change in the estimate of recoverable amount.
1.13 +
{ E
ix + +lMi E nx i E E |vx E Vi * S
E E |vx |V E n + E Exx E |M Ei B E
M + { E Vi * +i E Eh =i{z +lMi
E +i + niB, Vx {i +v |iii E V
Ei , E +Yx +vxi E n + E Exx E |M
Ei B E Vi * +lMi E E i iE +Yi x E
Vi V iE <E |iix E v {{i +x
x *
1.14 |vx, +EEiB + +EE +i
Provision for tax is made for both current and deferred tax.
Current Tax is provided on the taxable income using the applicable tax rates and tax laws. Deferred tax assets and liabilities
arising on account of timing difference which are capable of
reversal in subsequent periods are recognized using tax rates
and tax laws which have been enacted or substantively enacted. Deferred tax are not recognized unless there is sufficient assurance with respect to the reversal of the same in the
future years.
Provisions involving substantial degree of estimation in measurement are recognized when there is a present obligation
as a result of past events and it is probable that there will be
an outflow of resources and a reliable estimate can be made
of the amount of the obligation. Contingent Assets are neither
recognized nor disclosed in the financial statement . Contingent Liabilities are not provided for and are disclosed by way
of notes.
166
+E <xx .
x]/NOTE 2
J ]{{h/Notes on Accounts:
2.1:
{V / SHARE CAPITAL
(Figures in `)
lli/As at 31.03.2012
J/Number /Amount
/ Particulars
lli/As at 31.03.2011
J/Number /Amount
1,500,000
150,000,000
1,500,000
150,000,000
1,500,000
150,000,000
1,500,000
150,000,000
1,500,000
150,000,000
1,500,000
150,000,000
1,500,000
150,000,000
1,500,000
150,000,000
xMi, +nk B nk
Issued, Subscribed and Paid-up Capital
E + 100/- ` |iE E
{hi& |nk <C]
Vc/(P]B) E n x {ix
h / Particulars
bM E{x E x
<n E
Name of the
Holding Company
lli/As at 31.03.2012
lli/As at 31.03.2011
J/Number
/Amount
J/Number
/Amount
1,499,994
149,999,400
1,499,994
149,999,400
h / Particulars
vE
E x
lli/As at 31.03.2012
vE u vi
vh
E{x E E
lli/As at 31.03.2011
vE u vi
E{x E E
Name of the
Shareholder
% holding
Number of shares of
the Company held
by the shareholder
% holding
1,499,994
99.99
1,499,994
99.99
<n E
Allahabad Bank
167
+E <xx .
2.2: |Ii
h/Particulars
(+Ec ` /Figures in `)
lli/As at 31.03.2012
/ Amount
/ Amount
lli/As at 31.03.2011
/ Amount
853,411
1,060,253
(206,842)
/ Amount
853,411
853,411
322,781,160
294,830,362
Vc/(P]B) : E n x {ix
Add / (Less) : Changes during the year
E +i
E/TOTAL
2.3: nPv
28,963,995
27,950,798
351,745,155
322,781,160
351,745,155
323,634,571
(+Ec ` /Figures in `)
h/Particulars
lli/As at 31.03.2012
lli / As at 31.03.2011
358,495
401,194
112,438
309,886
16,478,865
16,478,865
60,831
60,831
17,010,629
17,250,776
+x{V +i i |vx/
Provision for Non Performing Assets
(+Ec ` /Figures in `)
h/Particulars
lli/As at 31.03.2012
E/TOTAL
168
9,627
127,358
11,582
28,241
48,453,862
42,253,862
51,000
51,000
48,526,071
42,460,461
169
E / TOTAL
Capital Work-in-progress
{V v E |Mi {
Computer Software
E{] }]
Intangible Assets -
+i +i
(A+B)
Motor Vehicles
]x
Office Equipments
E ={Eh
xS B CS
j B x
J. V { |nk +i
Motor Vehicles
]x
Office Equipments
E ={Eh
xS B CS
A.Assets other
than on Lease
h / Particulars
50,909,927
42,000
42,000
93,934
84,134
84,134
9,800
9,800
48,465,116
50,867,927
213,235
17,295,894
609,308
2,402,811
30,346,679
595,043
1,322,528
Addition
Balance
As on
31.03.2011
485,240
{vx
lli
31.03.2011
(A)
Disposal /
Adjustment
xih /
Vx
51,003,861
84,134
84,134
51,800
51,800
50,867,927
48,465,116
213,235
17,295,894
609,308
30,346,679
2,402,811
595,043
1,322,528
485,240
Balance
as on
31.03.2012
lli
31.03.2012
x]/Note 2.5
l +i / Fixed Assets
l +i E h/ DetaiIs of Fixed Assets
lli 31 S, 2012 E (a) As at 31st March 2012
J E M E { +xS
33,312,130
17,600
17,600
33,294,530
31,925,420
213,235
3,033,976
574,310
28,103,899
1,369,110
86,110
996,274
286,726
Balance
as on
31.03.2011
lli
31.03.2011
225,553
12,067
12,067
213,486
213,486
56,529
102,062
54,895
Addition
{vx
(B)
Disposal /
Adjustment
xih/
Vx
/DEPRECIATION
33,537,683
29,667
29,667
33,508,016
31,925,420
213,235
3,033,976
574,310
28,103,899
1,582,596
142,639
1,098,336
341,621
Balance
as on
31.03.2012
lli
31.03.2012
+E <xx .
17,466,178
84,134
84,134
22,133
22,133
17,359,911
16,539,696
14,261,918
34,998
2,242,780
820,215
452,404
224,192
143,619
Balance
as on
31.03.2012
lli
31.03.2012
17,597,797
24,400
24,400
17,573,397
16,539,696
14,261,918
34,998
2,242,780
1,033,701
508,933
326,254
198,514
Balance
as on
31.03.2011
lli
31.03.2011
NET CARRYING
AMOUNT (A-B)
x vi
170
E /
TOTAL
Computer Software
E{] }]
Intangible Assets -
+i +i
(A+B)
Motor Vehicles
]x
Office Equipments
E ={Eh
xS B CS
j B x
J. V { |nk +i
Motor Vehicles
]x
Office Equipments
E ={Eh
xS B CS
A.Assets other
than on Lease
h / Particulars
51,176,500
71,098
42,000
71,098
51,134,500
48,465,116
42,000
71,098
66,643
213,235
17,295,894
609,308
30,346,679
2,669,384
595,043
1,593,556
4,455
Addition
Balance
As on
31.03.2010
480,785
{vx
lli
31.03.2010
(A)
337,671
337,671
337,671
337,671
Disposal /
Adjustment
xih /
Vx
50,909,927
42,000
42,000
50,867,927
48,465,116
213,235
17,295,894
609,308
30,346,679
2,402,811
595,043
1,322,528
485,240
Balance
as on
31.03.2011
lli
31.03.2011
J E M E { +xS
33,451,355
8,800
8,800
33,442,555
31,925,420
213,235
3,033,976
574,310
28,103,899
1,517,135
29,581
1,225,142
262,412
Balance
as on
31.03.2010
lli
31.03.2010
195,826
8,800
8,800
187,026
187,026
56,529
106,183
24,314
Addition
{vx
(B)
335,051
335,051
335,051
335,051
Disposal /
Adjustment
xih
Vx
33,312.120
17,600
17,600
33,294,530
31,925,420
213,235
3,033,976
574,310
28,103,899
1,369,110
86,110
996,274
286,726
Balance
as on
31.03.2011
lli
31.03.2010
/DEPRECIATION
+E <xx .
/ (In <
17,597,797
24,400
24,400
17,573,911
16,539,696
14,261,918
34,998
2,242,780
1,033,701
508,933
326,254
198,514
Balance
as on
31.03.2011
17,725,145
33,200
33,200
17,691,945
16,539,696
14,261,918
34,998
2,242,780
1,152,249
565,462
368,414
218,373
Balance
as on
31.03.2010
lli
lli
31.03.2011 31.03.2010
NET CARRYING
AMOUNT (A-B)
x vi
(h. )
+E <xx .
NOTE 2.6:
h/Particulars
(+Ec ` /Figures in `)
lli
J/
As at 31.03.2012
Number
/SHARES
G |VC] .
` 10/- |iE E <C]
Book
Value
lli
Market
Value
J/
Number
As at 31.03.2011
Book
Value
Market
Value
85,500
2,992,500
85,500
2,992,500
380,923
3,809,230
380,923
3,809,230
119,700
1,197,000
119,700
1,197,000
58,300
874,500
58,300
874,500
150,000
1,500,000
150,000
1,500,000
6,400
64,000
6,400
64,000
650,000
6,500,000
650,000
6,500,000
50
1,538
50
1,538
10,000
851,900
10,000
851,900
|i{ ] .
` 10/- |iE E <C]
E <x Bb ] .
` 10/- |iE E <C]
i {<] .
` 10/- |iE E <C]
EM ] .
` 10/- |iE E <C]
B <x V .
` 10/- |iE E <C]
BCL Financial Services Ltd.
Equity Share of `10/- each
nx M .
` 10/- |iE E <C] ,
n EE .
` 10/- |iE E <C]
]C]E <b .
({ x ] E] .
E x Yi)
` 10/- |iE E <C]
Techtreck India Ltd.
( Formerly known as Nirmal
Metal Fabricators Ltd.)
Equity Share of `10/- each
171
+E <xx .
AllBank Finance Ltd.
(+Ec ` /Figures in `)
h/Particulars
lli
J/
As at 31.03.2012
Number
Book
Value
lli
Market
Value
J/
Number
As at 31.03.2011
Book
Value
Market
Value
x S VM Bb <x]] .
` 10/- |iE E <C]
New Century Leasing and
Investments Ltd.
Equity Share of `10/- each
106,000
2,507,960
106,000
2,507,960
40,000
757,200
40,000
757,200
28,000
795,200
28,000
795,200
25,000
1,017,500
25,000
1,017,500
126,200
4,181,006
126,200
4,181,006
27,049,534
14
x < +x Bx] .
` 10/- |iE E <C]
New Era Urban Amenities Ltd.
Equity Share of `10/- each
V] EE .
` 10/- |iE E <C]
Regent Chemicals Ltd.
Equity Share of `10/- each
MVi ] .
` 10/- |iE E <C]
Gujrat Filaments Ltd.
Equity Share of `10/- each
` 10/- |iE E <C]
Solar Busiforms Ltd.
Equity Share of `10/- each
x {xM .
` 10/- |iE E <C]
(x )
Niwas Spinnings Mills Ltd.
Equity Share of `10/- each
(Bonus Share)
E/TOTAL
x i |vx
1,400
1,400
27,049,534
14
27,049,520
172
27,049,520
+E <xx .
h/Particulars
lli
lli
As at 31.03.2012
J/
J/
Number
Book
Value
Market
Value
Number
Book
Value
Market
Value
500
50,000,000
Not available
500
50,000,000
Not available
30
30,000,000
Not available
30
30,000,000
Not available
100
10,000,000
Not available
100
10,000,000
Not available
200
20,000,000
110,000,000
Not available
200
20,000,000
110,000,000
Not available
bS/DEBENTURES
]] E{] .
`100,000 |iE E Bxb
Tata Capital Ltd.
NCD of `100,000/- each
x E{] .
`1,000,000 |iE E Bxb
Reliance Capital Ltd.
NCD of `1,000,000/- each
]{] <x E. .
`100,000 |iE E Bxb
Sriram Transport Finance Co. Ltd.
NCD of `100,000/- each
{] <VxM .
`100,000 |iE E Bxb
Patel Engineering Ltd.
NCD of `100,000/- each
E/TOTAL
/B. E]b/Quoted
h/Particulars
(+Ec ` /Figures in `)
lli
J/
As at 31.03.2012
Number
/SHARES
E ] .
`10/- |iE E <C]
(+i: |nk)
Malvika Steel Ltd.
Equity Share of `10/- each
(Partly paid up )
As at 31.03.2011
Book
Value
lli
Market
Value
J/
Number
As at 31.03.2011
Book
Value
Market
Value
48,600
1,944,000
48,600
1,944,000
25
250
12,355
25
250
ACC Ltd.
Equity Share of `10/- each
20
1,100
27,189
20
1,100
21,500
2,290
130,049
257,282
2,290
130,049
223,848
50,000
1,687,575
3,762,974
985,000
1,281,827
50,000
1,687,575
3,762,974
1,267,500
1,512,850
V+ BO EE .
`10/- |iE E <C]
B .
`10/- |iE E <C]
]] M V .
`1/- |iE E <C]
BxBS{ .
`10/- |iE E <C]
NHPC Ltd.
Equity Share of `10/- each
E/TOTAL
x i |vx
2,646,574
173
2,109,323
+E <xx .
h/Particulars
lli
J/
lli
As at 31.03.2012
Number
Book
Value
Market
Value
J/
Number
As at 31.03.2011
Book
Value
Market
Value
v{j/BONDS
<b <]CS <x E.
`100,000 E E H v{j
India Infrastructure Finance
Co. Ltd.
Tax Free Bonds of `100,000/- each
500
50,000,000
49,284,400
500
50,000,000
50,000,000
500
50,000,000
48,050,000
500
50,000,000
50,000,000
100,000,000
97,334,400
100,000,000
100,000,000
/ TOTAL
h/Particulars
lli
J/
Number
As at 31.03.2012
Book
Value
lli
Market
Value
J/
As at 31.03.2011
2,000,000
20,000,000
20,058,800
2,500,000
2,627,750
Number
Book
Market
Value ValueBONDS
S+ b
x< B B
B]{ +<BxB]
V BC -Ol
MUTUAL FUND
Birla Sunlife MF
FTPInst.Series
CX Growth
bB{ EE B B
E - 25 b-Ol
DSP BlackrockMF
Focus 25 Fund Growth
250,000
BSbB B B
BB{ 390b BB+ 12(1)
- Ol
HDFC MF
FMP 390 D Mar 12(1)
Growth
3,800,000
38,000,000
38,026,220
1,250,000
12,500,000
13,347,750
50,500,000
51,373,970
E]E BB
BB{ V 52
-Ol
Kotak MF
FMP Series 52
Growth
/ TOTAL
174
22,500,000
22,686,550
+E <xx .
AllBank Finance Ltd.
(+Ec ` /Figures in `)
h/Particulars
+xE]b x E E
lli/As at 31.03.2012
lli/As at 31.303.2011
137,049,534
137,049,534
154,262,974
126,262,974
149,990,197
124,199,400
29,696,094
29,158,843
E]b x E E
Aggregate amount of Quoted Investments
2.7:
nPEE @h B +O
LONG TERM LOANS AND ADVANCES
(+Ec ` /Figures in `)
lli/As at 31.303.2011
51,000
331,620
628,519
602,245
E/TOTAL
852,949
984,865
175
+E <xx .
S x/ CURRENT INVESTMENTS
(]b- {hi |nk)/(Trade Fully Paid-up)
2.8:
h/Particulars
J/
Number
S+ b
x< BB
Si xv- lMi
b b, <x]]
MUTUAL FUND
Birla Sunlife MF
Savings Fund
Institutional Daily Div. Reinvestment
B]{ <] V
BC Ol
FTPInst.Series CX
Growth
bB{ EE BB
E 25 b Ol
DSP BlackrockMF
Focus 25 Fund Growth
BSbB BB
BB{ 13 B S10V
BB{ 370 b
S 11(4) V
BB{ 13 B i.11(1)V
HDFC MF
FMP 13M Mar 10 G
FMP 370D Mar11(4)-G
FMP 13M Sept11(1) G
+<+<+< BB
+vE +i
{x 1. <]
C <xE {x
nxE {xx
ICICI MF
Half Yearly Interval
Plan I, Inst. Dividend
Flexible Income Plan
Daily Dividend
Reinvest
+<bB BB
x xV b
E
lli
As at 31.03.2012
Book
Value
lli
Market
Value
20,668.565
2,068,261
2,068,261
2,000,000
20,000,000
21,918,800
250,000
2,500,000
2,425,750
1,200,000
27,531.052
12,000,000
2,910,996
1,186,942.982
11,991,986
Book
Value
V
Market
Value
2,000,000
1,900,000
20,000,000
19,000,000
21,492,400
19,083,030
999,880.011
10,000,000
10,014,098
1,443.872
14,439
14,533
2,027,879.54
20,431,233
20,492,128
2,910,996
+] ] b
E
BB
12,549,240
IDFC MF
Money ManagerFund
Monthly Dividend
J/
Number
As at 31.03.2011
11,996,314
176
+E <xx .
AllBank Finance Ltd.
S x/ CURRENT INVESTMENTS
(]b- {hi |nk)/(Trade Fully Paid-up)
2.8:
h/Particulars
(+Ec ` /Figures in `)
lli
J/
Number
As at 31.03.2012
Book
Value
lli
Market
Value
J/
Number
As at 31.03.2011
Book
Value
Market
Value
Cb Vx b
XIX-V 11-Ol
Reliance MF
Fixed Horizon Fund
XIX Sr. 11 Growth
2,000,000
20,000,000
20,101,600
SBI MF
Debt Fund Series
370 Days 9 Growth
2,000,000
20,000,000
20,340,000
5,186.259
5,187,369
5,187,369
B+< BB
b] b V
370 nx-9-Ol
b] b V
367 nx-18-Ol
]+< BB
]+< ]V Bb]V b
nxE
500,000
5,000,000
5,000,000
UTI MF
UTI Treasury
Advantage Fund
Daily Dividend
FT Income Fund
Series IX II(369 days)
Growth
1,800,000
18,000,000
19,643,220
1,500,000
15,000,000
15,032,250
BB{ E V
03/12- Ol
E / TOTAL
89,471,243
114,633,041
177
+E <xx .
2.9:
(+Ec ` /Figures in `)
h/Particulars
v nxn/Sundry Debtors
E) U +vE +v E @h
nMv Z M<
lli / As at 31.03.2012
lli / As at 31.303.2011
6,005,077
+x @h/Other Debts
6,005,077
607,669
57,632
6,612,746
6,062,709
6,005,077
6,005,077
607,669
h/Particulars
57,632
(+Ec ` /Figures in `)
352,252
1,823
3,317,020
5,349
91,664,815
50,000,000
E/TOTAL
92,018,890
53,322,369
2.11:
+{v @h B +O /
(+|ii- +SU x M)
h/Particulars
+O/
(+Ec ` /Figures in `)
Advances
940,765
200,000
(200,000)
106,931,874
90,633
101,372
101,404,013
90,633
10,635
101,372
1,464,000
(1,464,000
183,465
144,865
108,218,365
102,692,283
2,00,000
2,00,000
+O +E (i { E] M E i)
Advance Income Tax ( Including Tax Deducted at Source)
+O +xM E/Advance Fringe Benefit Tax
+O E/Advance Service Tax
|{ V E b/Income Tax Refund Receivable
{VMi i |nk +O/Advance paid for Capital Goods
1,464,000
1,464,000
+vE E @h B ={Si V
E/TOTAL
178
+E <xx .
2.12: +x
h/Particulars
EB { ]E/Stock On-Hire
P]B: +in k |/Less: Overdue Finance Charges
P]B: EB { nMv ]E i |vx
Less: Provision for doubtful Stock - On Hire
|{ EV/Brokerage Receivable
={Si Ei +n V/Interest Accrued but not due
x {/On Investment
n V {/On Term Deposit
E/TOTAL
2.13:
11,911,409
(2,523,617)
11,911,409
(2,523,617)
(9,387,792)
766,288
(9,387,792)
315,769
3,798,972
2,489,212
4,795,876
12,430,689
7,054,472
17,542,334
h/Particulars
(+Ec ` /Figures in `)
{i / Year ended on
{i / Year ended on
31.03.2012
31.03.2011
4,428,037
1,175,000
S] EM +/+x E +vi +
Merchant Banking Income/Other fee based income
B|V E/Appraisal Fee
+V E/Arrangers Fee
1,298,972
9,109,863
bS/C] ]]{ /Debenture / Security Trusteeship Fee 908,735
444,167
Ex /Share Valuation Fee
25,000
50,000
+x/Others
148,405
4,114
E (E)/TOTAL (A)
6,809,149
10,783,144
S+ b ih n/Mutual Fund Distribution Brokerage
3,566,886
15,643,869
{ +v E +-BB EV/Prior Period Income MF Brokerage
707,463
E (J)/TOTAL (B)
4,274,349
15,643,869
(E+J)(A + B)
11,083,498
26,427,013
(+Ec ` /Figures in `)
2.14: +x + / OTHER INCOME
h/Particulars
{i / Year ended on {i / Year ended on
x +/Investment Income
b B bS { V/ Interest on Bonds and Debentures
x E G { /Profit on sale of Investments
S+ b x] { /Dividend on Mutual Fund Units
{ /Dividend on Shares
l +i E G { /Profit on sale of Fixed Assets
E (E)/TOTAL (A)
E n V { V [(]bB-689,495)
({ 618,086)] (J)
Interest on Fixed Deposits with Bank
[ TDS 689,495/- ( Pre. Year 618,086/-)] (B)
+x/Others
]x E E M |vx/Provision written back
+x{V +i/Non Performing Assets
+x/Others
] @h { V/Interest on Staff Loan
v +/Miscellaneous Income
{ +v E +/Prior Period Income
E (M)/TOTAL (C)
(E+J+M)
(A+B+C)
179
31.03.2012
31.03.2011
17,734,587
7,625,094
2,142,797
31,025
27,533,503
17,691,972
153,863
5,364,971
28,650
2,880
23,242,336
6,712,833
6,180,841
249
76,072
72,446
15,300
164,067
1,681,929
76,988
79,008
303,077
2,141,002
34,410.403
31,564,179
+E <xx .
2.15:
ES i v JS /
h/Particulars
(+Ec ` /Figures in `)
{i / Year ended on
{i / Year ended on
31.03.2012
31.03.2011
3,398,157
3,572,635
231,568
335,812
289,695
808,018
1,040,073
247,143
E/TOTAL
5,005,610
4,917,491
2.16: +x
JS
OTHER EXPENSES
h/Particulars
(+Ec ` /Figures in `)
{i / Year ended on
{i / Year ended on
31.03.2012
31.03.2011
546,714
533,557
249,128
252,643
11,446
13,128
1,099,711
1,096,035
25,000
25,000
7,000
7,000
5,000
5,000
131,441
97,342
663,670
805,751
77,873
79,126
455,803
404,134
1284,710
1,655,862
3,747
3,086,370
537,500
5,098,743
9,326,190
1,265,242
E/TOTAL
180
+E <xx .
2.17.
(a)
(+Ec ` /Figures in `)
31.03.2012
31.03.2011
2003-04
2004-05
2005-06
2006-07
2007-08
2008-09
2009-10
627.62
23.44
15.32
55.18
8.07
142.61
627.62
70.52
23.44
15.32
55.18
8.07
-
E / Total
872.24
800.15
(c)
(d)
(e)
2.18.
181
+E <xx .
AllBank Finance Ltd.
2.19.
2.20
2.20.
(+Ec ` /Figures in `)
2011-12
2010-11
28,963,995
27,950,799
1,500,000
1,500,000
1,500,000
1,500,000
1,500,000
1,500,000
100
100
19.31
18.63
E + <C] E J /
Number of Equity Share at the beginning of the year
E +i <C] E J /
E n x E <C] E i +i J
(bxx] E { |H)
Weighted average number of Equity Shares outstanding
during the year ( used as denominator )
<C] E x /
|i + b<]b +Vx /
Basic and diluted earnings per Share `
2.21.
ix/Salary
Ex E/House Rent
xv +nx/Contribution to Provident Fund
+x /Other Benefits
OS]/OS] i |vx/Gratuity/ Provision for Gratuity
+E xEnEh/+E xEnEh i |vx
Leave Encashment/Provision for Leave Encashment
E / Total
2.23. i xn JE lx u V J xE 22
+ { E i J E +x E{x x +lMi E E
J * E{x E Bx{B + nMv +i {
|vx =i{z c j +lMi E +i * il{
E{h fM +lMi E ni+ E iE +lMi
E +i E +Yi E M + < |E <E
Ji { E< | x {c * +lMi E +i +
ni+ E h < |E :
2.23
182
2011-12
2010-11
3,29,032
600,000
1,31,613
240,000
39,484
72,000
1,67258
321,592
16,873
40,820
226,092
28,241
910,352
1,302,653
In accordance with Accounting Standard 22 Accounting for Taxes on Income issued by The
Institute of Chartered Accountants of India, the
Company has accounted for deferred tax. The
Company has significant amount of deferred tax
assets arising out of provisions made on NPA and
doubtful debts. However as a matter of prudence,
deferred tax assets have been recognized to the
extent of deferred tax liability and as such there is no
impact of the same in these accounts. The component
of deferred tax assets and liabilities are as follows :-
+E <xx .
AllBank Finance Ltd.
(+Ec ` /Figures in `)
h/Particulars
lli/As on
31.03.2011
i @h
lli/As on
(Charge) /Credit
for the year
31.03.2012
E Eh +lMi E ni
Deferred Tax Liability on account of depreciation
5,430,210
229,083
5,201,127
5,430,210
229,083
5,201,127
Bx{B + +v @h { |vx E Eh
+lMi E +i
+lMi E +i/niB (x)
2.24
2.25.i xn JE lx u V J xE
(BB-28) <{] + B] E +x E< +xVE
x x *
2.26.i xn JE lx u V J xE
(BB-18) vi {] |E]Eh E +x vi {]
|E]Eh xxx *
2.25
2.26
bM E{x-<n E
|J |vx EE- |n +EE,
Bb B <+ (18.10.11 iE)
bM E{x /
(In `)
Holding Company
2010-11
6,712,833
6,180,841
780,300
314,791
|{i/Receiving of Services
253,185
256,571
{v/Remuneration
n V/Term Deposit
91,664,815
50,000,000
S V/Current Deposit
352,252
3,317,020
xn/Creditors
858,965
12,495
={H vi {] E Sx = iE |E] E
M< Vix ={v Sx E +v { |vx u +xvi
E M *
2.27. |vx E , E{x E x S +i,
@h B +O E Mi V E E ix
2011-12
2010-11
910,352
1,302,653
183
+E <xx .
AllBank Finance Ltd.
{j n< M< E *
2.28
2.29
2.30
2.31
2.32
184
+E <xx .
AllBank Finance Ltd.
{i +nx Vx
xv ES E +nx
` 2,89,695)
{i Vx
2,31,568 ({U -
Employer s
Contribution
to
Provident
` 2,31,568/- (Previous Year ` 2,89,695/-)
Fund:
OS] + +E vi ni E ix |VC]b
x] Gb] {ri E |M Ei B EE x E +v {
xvi E Vi *
E. {i ni E +l + <i E vx
2010-11
528,552
113,323
43,606
(173,128)
(144,231)
738,259
118,061
62,843
(19,246)
(371,365)
368,122
528,552
E | {i ni/
Defined Benefit obligation at beginning of the year
S Mi /Current Service Cost
V Mi /Interest Cost
EE x/() /Actuarial Losses / ( Gain )
+n EB MB /Benefits Paid
E +i {i ni /
(+Ec ` /Figures in `)
2011-12
2010-11
144,231
(144,231)
371,365
(371,365)
E | xVi +i E =Si /
xVi +i { +{Ii |i /
E +i xVi +i E =Si
M. +i + ni E =Si E vx
31st March,2011
368,122
368,122
528,552
528,552
(+Ec ` /Figures in `)
2011-12
2010-11
113,323
43,606
(173,128)
(16,199)
118,061
62,843
(19,246)
161,658
+E <xx .
AllBank Finance Ltd.
R EE {xx
]] ] : B+< (1994-1996) +i
e.
Actuarial assumptions
Mortality Table : LIC (1994 1996 ) Ultimate
{i /Year ended
31st March,2011
8.75%
7.00%
8.25%
7.00%
2.33
V { n+/J.P.Dua
+vI/Chairman
i b/Subrata De
{]x/Partner
B.+. xE/M R Nayak
ni . 54962/Membership No.54962
xnE/Director
{VEh J 302175E/Firm Registration No.302175E
lx/Place : EEi/ Kolkata
nxE/Date : 28.4.2012
n/Subir Das
xnE/Director
B.. ]]S/A.B. Bhattacharjee
xnE/Director
/Shreya Shah
E{x S/Company Secretary
186
J{IE E {]
AUDITORS REPORT
muJt b m=gdK,
TO THE MEMBERS
+E <xx ]b,
1.
2.
3.
4.
5.
6.
1.
2.
We conducted our audit in accordance with auditing standards generally accepted in India. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements
are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts
and disclosures in the financial statements. An audit also
includes assessing the accounting principles used and
significant estimates made by management, as well as
evaluating the overall financial statement presentation.
We believe that our audit provides a reasonable basis for
our opinion.
3.
4.
E{x x i |ii B x b b S] E i
{VEh |h{j fuU lJefUhK nu;w 25.07.2011 fUtu yJu=l
;w; E * < { E{x 11.05.2005 iE i
V E M EM k E{x E { {VEi l* E
M EM k E{x E +iMi Miv n E n M< l
Ei {U Miv vi EU Ji + S *
i V E u V M-EM k E{x J{I
{] (V E ) xn, 2000 u E M< +{I E +x
E< {] ln x< M< CE E{x 25.07.2005 S]
EM E{x x M< *
={H {] E {O 3 5 ]{{h E +,
ltux 2.29 YJk ltux 2.30 mu tuFt vh rxvKe fUt mk=C E t,
{] Ei E :
E) x SxB B {]Eh |{i EB V
k VxE B E +x J{I E |Vxl
+E l*
J) , V iE E VS {i Si
, E{x u v E +{I E +x{ Si J
J M< *
5. As required by Non Banking Financial Companies Auditors Report ( Reserve Bank ) Directions, 2000, issued by
the Reserve Bank of India , no report is made as the Company became Merchant Banking Company with effect from
25.07.2005.
6.
187
+E <xx .
AllBank Finance Ltd.
S) il k VxE + nB MB
{]Eh E +x Eli k J YJk stu rfU tuFt
ler;gt fuU mt: vrX; il =xE ]{{h V Mx ,
E{x +vx 1956 u xvi { VxE |nx
Ei B xi: i Ei J ri E
+x{ + x{I li |ii Ei :
i)
ii)
iii)
i b
{]x
ni . 54962
Ei b Bb
xn JE
VUbo vksefUhK mk. 302175E
i)
ii)
iii)
188
Subrata De
Partner.
Membership No. 54962
For & on behalf of
DE & BOSE
Chartered Accountants
Firm Registration No. 302175E
il E {] E { 3
ni +xv
. +E <xx ]b
1. a.
The Company has maintained proper records showing full particulars including quantitative details and
situations of its fixed assets.
b.
It has been explained that all the assets have not been
physically verified by the management during the year,
but there is a regular program of verification which ,
in our opinion, is reasonable having regard to the size
of the Company and nature of its assets. No material
discrepancies between the book records and the
physical inventory have been noticed.
c.
2.
3. a.
b.
c.
d.
In cases where the overdue amount is more than Rupees one lakh, reasonable steps have been taken
by the Company for the recovery of the principal and
interest.
4. In our opinion and according to the information and explanations given to us, there is an adequate internal control
system commensurate with the size of the Company and
the nature of its business. Further, on the basis of our examination of the books and the records of the Company
and according to the information and explanations given
to us, we have neither come across nor have been informed
of any continuing failure to correct major weaknesses in
the aforesaid internal control system.
6. The Company has not accepted any deposit from the public
under Sections 58A , 58AA or any other relevant provision
of the Companies Act,1956 and the rules framed
thereunder.
189
+E <xx .
7. E{x E +E il E |Ei E +x
E{x E { xn JE E J {I
Ex E BE +iE |h *
8. Exp E x E{x +vx, 1956 E v 209(1)(P) E
+iMi E{x E Mi Eb B J Jx i xvi x
E *
9. (E) n M< Sx + {]Eh il u VS
EB MB E{x E +J E +x E{x xv,
+ E, E, ={ E il +x iiE vE
n i +ni vE n E Si |vE
E V Ex E xi *
b.
v E x
n E {
E S { n i
+E
+vx, 1961
+E
xvh 2003-04
+<.].B.]. EEi S
Income Tax
Act, 1961
Income Tax
A.Y. 2003-04
+E
+vx, 1961
+E
xvh 2005-06
+E +H (+{)
Income Tax
Act, 1961
Income Tax
A.Y. 2005-06
Commissioner of Income
Tax ( Appeals )
+E
+vx, 1961
+ E
xvh 2006-07
+E +H (+{)
Income Tax
Act, 1961
Income Tax
A.Y. 2006-07
Commissioner of Income
Tax ( Appeals )
+E
+vx, 1961
+E
xvh 2007-08
+E +H (+{)
Income Tax
Act, 1961
Income Tax
A.Y. 2007-08
Commissioner of Income
Tax ( Appeals )
+E
+vx, 1961
+E
xvh 2008-09
+E +H (+{)
Income Tax
Act, 1961
Income Tax
A.Y. 2008-09
Commissioner of Income
Tax ( Appeals )
+E
+vx, 1961
+E
xvh 2009-10
+E +H (+{)
Income Tax
Act, 1961
Income Tax
A.Y. 2009-10
Commissioner of Income
Tax ( Appeals )
(` J )
Amount ( ` in lacs )
627.62
23.44*
15.32*
55.18*
8.07
142.61
* fUkvle fUtu rl"othK JMo 2005-06, 2006-07 YJk 2007-08 nu;w ytgfUh ytgwwU (yvet) fuU yt=uN t; ntu dY nki> yt=uN CtJe ntulu fUe ;theF
* The Company have received order from CIT(A) for A.Y. 2005-06, A.Y. 2006-07 and A.Y. 2007-08. Order effect is yet to be
received from the Assessing Officer.
10. E{x E 31 S 2012 E E< S P] x + = 10. The Company has no accumulated losses as at 31st
March,2012 and it has not incurred any cash losses in
il E {i k B = iiE { E E<
the financial year ended on that date and in the immexEn P] x =X
diately preceding financial year.
11.
According to the records of the Company examined by
11. u E{x E +J E VS il n M< VxE
us
and the information and explanation given to us, the
B {]Eh E +x, k l+, E bS
Company has no dues towards financial institutions ,
vE E { E{x E E< E x *
banks and debenture holders.
190
+E <xx .
AllBank Finance Ltd.
12.
13.
14.
The Company is not dealing or trading in shares , securities, debentures and other investments. The Company
has acquired shares on account of underwriting share
issue and also in settlement of a claim under directions
of The Special Court, Mumbai in the previous years and
has also acquired debentures and bonds as long term
investments. The Company has maintained proper
records of such transactions and the shares, debentures
and bonds are held by the Company in its own name.
15.
16.
17.
18.
19.
The Company has not issued any debentures . Accordingly, the provisions of Clause 4 (xix) of the Order are
not applicable to the Company.
20.
21.
lx : EEi
nxE : 28.04.2012
c{i b
{]x
ni . 54962
Ei b Bb
xn JE
VUbo vksefUhK mkgt 302175E
Place : Kolkata
Date: 28.04.2012
191
Subrata De
Partner
Membership No. 54962
For & on behalf of
DE & BOSE
Chartered Accountants
Firm Registration No. 302175E
M lank
U c ly B
l
na
J tio
i x ten
n in
< left
E
e is
`
{ ag
< is p
h
T
Sri E E Jb 49V E
+xh |h{j
,
xnE b,
<n E
|hi E Vi E(E) x 2011-2012 i ke h + xEn h E I E + k VxE +
E +x :
i)
ii)
(ii)
(iii)
(su. {. =qqyt)
+vI B |v xnE
193
To
The Board of Directors
Allahabad Bank
This is to certify that
(a) We have reviewed financial statements and the cash flow statement for the year 2011-2012 and that to the best of our
knowledge and belief:
(i)
these statements do not contain any materially untrue statement or omit any material fact or contain statements
that might be misleading.
(ii)
these statements together present a true and fair view of the Banks affairs and are in compliance with existing
accounting standards, applicable laws and regulations.
(b) There are, to the best of our knowledge and belief, no transactions entered into by the Bank during the year which are
fraudulent, illegal or violative of the Banks code of conduct.
(c)
We accept responsibility for establishing and maintaining internal controls for financial reporting and that we have
evaluated the effectiveness of the internal control systems of the Bank pertaining to the financial reporting and we
have disclosed to the auditors and the Audit Committee, deficiencies in the design or operation of such internal
controls of which we are aware and the steps we have taken to rectify the deficiencies.
that no significant changes in internal control over financial reporting has been made during the year 2011-12,
(ii)
that no significant changes in accounting policies has taken place during the year,
(iii) the instances of significant fraud of which we become aware and the involvement therein, if any, of the management or an employee having a significant role in the Banks internal control system over financial reporting.
( J. P. Dua)
Chairman & Managing Director
(A. B. Bhattacharjee)
General Manager ( F & A) & CFO
Place: Kolkata
Date: 05.05.2012
194
<B b] i /E Ji h
(iE vE i)
/ .............................................................................Binu <B u v E
Ji V Ex i <n E E |vEi Ei /:
/ . BB .
E J
E Ji E h
E. E E x
______________________________
J. J E x (E B J)
{i(E +vn i)
______________________________
M.
B+<+ SE { =Ji
E + J E 9 +E E E]
______________________________
P.
Ji E |E (Si/S)
______________________________
b.
SEE =Ji Ji J
______________________________
S.
vE E B]b Eb + ]x J :
______________________________
vE E iI
195
I/We---------------------------------------------------------------- do hereby authorize Allahabad Bank to credit my dividend amount directly to my bank account by ECS.
My/Our Folio No. ALB
No. of Shares
Particulars of Bank Account
A. Bank Name
I hereby declare that the particulars given above are correct and complete. If the transaction is delaye d or not effected at all for
reasons of incomplete or incorrect information, I would not hold Allahabad Bank responsible.
Mail to
Please attach a photocopy of a Cheque Leaf or a blank cancelled cheque issued by your bank relating to your above account
for verifying the accuracy of the code numbers.
In case you are holding shares in demat form, kindly send the ECS Mandate to the concerned Depository Participant
directly, in the format prescribed by the DP.
Note: For credit of dividend through NECS the Bank Branch should be under CBS.
196
<n E
|vx E : 2, xiV b, EEi-700 001
={li {S
(` E l | E |ii E Vx )
nx B iJ: M,14 Vx, 2012
: {x 10.30 V
lx : EEi
Binu <n E E vE E n E + +{x ={li nV Ei / Ei *
={li vE/|C/|ixv E iI
{VEi J/ b{ +<b B C<] +<b
vE E x
E J
&
<n E
| {j
(`E E nx +{x { J)
={li vE/|C/|ixv E iI
{VEi J/ b{ +<b B C<] +<b
vE E x
E J
ALLAHABAD BANK
HEAD OFFICE: 2, Netaji Subhas Road Kolkata- 700 001
ATTENDANCE SLIP
(To be surrendered at the time of Entry to the venue)
Day & Date: Thursday, the 14th June, 2012
Time : 10.30 A.M.
Place: KOLKATA
I hereby record my presence at the Tenth Annual General Meeting of the shareholders of the Allahabad
Bank:-
Shareholder(s)/proxy/authorized representative of shareholder(s) are requested to produce the above attendance slip, duly signed, (same as their specimen signatures registered with the Bank), along with the
entry pass, for admission to the venue. The admission will, however, be subject to verifications, as may be
deemed necessary. Under no circumstances, any duplicate attendance slip will be issued at the entrance of
the venue of the meeting.
&
&
ALLAHABAD BANK
Entry Pass
(To be retained throughout the meeting)
198
<n E
|vx E : 2, xiV b
EEi : 700 001
''
{I (|C) i
(vE n u B iI E Vx )
E{ 1 {B
E n
]E] S{EB
|l/BE vE E iI
x : ...................................................................
{i : ...................................................................
..........................................................................
..........................................................................
........................................
{I E iI
|C E l
E) Jix +x |vE (n E< ) VE ii = { iI EB MB
J) x] {E +l V]] u i{i Jix +l +x |vE E |i E x `E E iJ S nx { +li
x 9 Vx 2012 E E E {i +li +{x 2.00 V = { nx = { <n E, M,
|vx E V E Vx SB*
4. n r Jix <n E +l <E V] + +ih BV] E { { {VEi E V SE i Jix E
{VEh J + B {VEh E iJ E =J E VB*
5. E< {I i iE v x M V iE vi ]{i x *
6. E V E M {I Ji +i il +|ih M*
7. n {I Ji E{E { n H E B i BE +vE x{ni x EB VB*
8. V vE x {I Ji x{ni E = E x `E HMi { inx Ex E En x M V Ji
vi *
9. <n E E E ES +vE E vi |vEi {I E { xH x E VBM*
10. E< {I Ji i iE v x M V iE - '" { x *
199
Form B
Form of Proxy
( To be filled in and signed by the shareholder member)
I/We resident of in
the district of in the state of
being a share holder(s) of Allahabad Bank,, hereby appoint Shri/Smt.
resident of in the district of
- or failing him/her. Shri/Smt
resident of in the district of in the state of
as my /our proxy to vote for me/us and on my/our behalf at the Tenth Annual General
Meeting of the Shareholders of the Allahabad Bank to be held on Thursday, the 14th June 2012 at 10.30 a.m. at Purbashree
Auditorium, Eastern Zonal Cultural Center, Bharatiyam Cultural Multiplex, IB-201, Sector-III, Salt Lake City, Kolkata-700106,
and at any adjournment thereof.
Signed this day of 2012
Please affix
One Rupee
Revenue
Stamp
2.
An instrument of proxy in which the thumb impression of the shareholder is affixed, will be valid provided it is attested by a Judge,
Magistrate, Registrar or Sub-Registrar of Assurances or any other Government Gazetted Officer or an Officer of Allahabad Bank.
3. The Proxy together with
(a) the power of attorney or other authority ( if any) under which it is signed or
(b) a copy of that power of Attorney or Authority , certified by a Notary Public or a Magistrate, should be deposited at the Share
Department, Head Office of Allahabad Bank, not later than FOUR DAYS before the date of Tenth Annual General Meeting,
i.e. upto 2.00 p.m. on Saturday, the 9th June, 2012.
4. In case of relevant power of attorney is already registered with Allahabad Bank or its Share Transfer Agent , the registration number
of power of attorney and date of such registration may be mentioned.
5. No proxy shall be valid unless it is duly stamped and signed.
6. An instrument of proxy deposited with the Bank shall be irrevocable and final.
7. In case of an instrument of proxy granted in favour of two grantees in the alternative, not more than one form shall be executed.
8. The shareholder who has executed an instrument of proxy shall not be entitled to vote in person at the Annual General Meeting
to which such instrument relates.
9. No person shall be appointed as duly authorized representative or a proxy who is an officer or an employee of Allahabad Bank.
10. No instrument of proxy shall be valid unless it is in Form B.
200
-----------------------------------------------------------------------------------------------------------------------------------------------------------&
&
&
ALLAHABAD BANK
H.O: 2, Netaji Subhas Road, Kolkata-700 001