AV$g kfp¡hf ep¡S>“p-fpS>L$p¡V$ fpS>L$p¡V$ “pNqfL$ klL$pfu ... · RNSB ANNUAL REPORT 2017-18 The Chairman, Board of Directors, Delegates and Special Invitee Prof. Udayji Joshi

AV$g kfp¡hf ep¡S>“p-fpS>L$p¡V$

Æ¡ A hm “>S

““p“p dpZkp¡“u dp¡V$u b¢L$’’

fpS>L$p¡V$ “pNqfL$ klL$pfu b¢L$“y„AV$g kfp¡hf r“dp®Zdp„ Apr’®L$ ep¡Nv$p“ -kpdprS>L$ DÑfv$preÐh n¡Ó¡ “hy„ L$v$d.

Shri Pradipbhai Jain

Smt. Rajshriben Jani

Shri Vinod SharmaGeneral Manager

Smt. Kirtidaben Jadav Shri Harkishanbhai BhattC.E.O.

ANNUAL REPORT 2017-18RNSB

Shri Shaileshbhai Thaker

Shri Sureshbhai Nhata


The Chairman, Board of Directors, Delegates and Special Invitee Prof. Udayji Joshi (Secretary, Sahakar Bharati) at Bank's 64th Annual General Meeting.

ACapital Market Investor Summit by Nilesh Shah (M.D.-Kotak Mahindra Asset Management Company).

b¡„L$“u 64du hpqj®L$ kp^pfZ kcpdp„ Q¡fd¡“îu, L$pe®hplL$ d„X$m“p kv$õep¡, X¡$rgN¡V$¹k A“¡ rhi¡j r“d„qÓs Arsr’$ âp¡. Dv$eÆ Å¡iu (d„Óu-klL$pf cpfsu).

L¡$r‘V$g dpL£$V$ BÞh¡õV$f krdV$dp„ Dv$¹bp¡^“ Ap‘sp„ r“g¡i ipl (A¡d.X$u., L$p¡V$L$ drlÞÖp A¡k¡V$ d¡“¡S>d¡ÞV$ L$„‘“u.)

B

A Seminar for Bank's Panel Advocates, guided by Forensic Science Lab Officer Shri H. P. Sanghvi & Shri G. P. Darbar.

b¡„L$“u fpS>L$p¡V$ Mps¡“u l¡X$ Ap¡qakdp„ õhps„Ôe A“¡ âÅkÑpL$ ‘h®“u Nqfdp‘|Z® DS>hZudp„ dl¡icpB ÆhpZu (‘|h® âp„s klâQpfL$-fpóV²$ue õhe„k¡hL$ k„O), õhpdu îu r“rMg¡ðfp“„v$Æ (AÂen-fpdL©$óZ Apîd fpS>L$p¡V$)

A“¡ kÐed fph (âdyM-^d® ÅNfZ kdÞhe rhcpN NyS>fps âp„s, fpóV²$ue õhe„k¡hL$ k„O).The Guest of Honour Maheshbhai Jivani (Ex. Prant Sah Pracharak-RSS), Swami Shree Nikhileshwarnandji

(President, Ramkrushna Ashram, Rajkot) & Stayam Rav (President, Dharma Jagaran Samanvay Vibhag - Gujarat Prant, RSS)

b¡„L$“p ‘¡“g A¡X$hp¡L¡$V$ dpV¡$ ep¡Åe¡g k¡rd“pfdp„ dpN®v$i®“ Ap‘sp ap¡f¡[ÞkL$ kpeÞk g¡b“p„ A¡Q.‘u. k„Ohu A“¡ Æ.‘u. v$fbpf.$

b¡„L$ ‘qfhpf Üpfp S>ÞdpóV$duip¡cpepÓp“y„ cphcey¯ õhpNs.

Janmashtami Shobhayatragreeted by RNSB Parivar

with traditional fanfare.


C

22nd Free of Charge Cricket Coaching Camp.

kpebf rkL$¹eyfuV$u A“¡ gp¡ rhjeL$ k¡rd“pf“u skhuf. - Cyber Security and Law Seminar.

b¡„L

gÿduv$pkÆ (Q¡fd¡“, L$p„NX$p L$p¡-Ap¡‘f¡V$uh b¡„L),îu v$ep“„v$Æ (kl L$pe®hpl-Apf.A¡k.A¡k. qv$ëlu âp„s) ×íedp“ ’pe R>¡.

$“u AÛs“ l¡X$ Ap¡qak“u dygpL$ps¡ rhrh^ n¡Ó“p AN°Zu dlp“ycphp¡ ‘^pf¡gp s¡dp„ îu L¡$.gÿdp f¡ÍuÆ (AÂen-fpóV²$ue nrdL$ rinpbp¡X®$-îd A“¡ fp¡S>Npf d„Ópge-cpfs kfL$pf). îu Ards v$p¡iu (kuAp¡Ap¡-qv$ìe cpõL$f, NyS>fps), îu dl¡icpB ‘s„N¡

(k„NW“ d„Óu-NyS>fps âp„s), îu Ap¡d dp’yf (fpS>e kcp“p kp„kv$), îu

The various dignitaries that visited Bank's Head Office during the year, included Shri Lakshma Reddy (President, NationalLabour Edu. Board, Labour & Employment Ministry, GoI), Amit Doshi (COO - Divya Bhaskar),Shri Mahesh Patange

(Organising Secretary -, Gujarat Prant), Shri Om Mathur (MP - Rajya Sabha), Shri Lakshmi Dass(Chairman, Kangda Co. Op. Bank), Sh. Dayanandji (Sah Karyavah - RSS, Delhi Prant).

b¡„L "22 dp r“:iyëL$ q¾$L¡$V$ L$p¡tQN L¡$ç‘“u skhuf.$ Üpfp Apep¡rS>s


D

L$pe®hplL$ d„X$m“p¡ Al¡hpg 2017-2018REPORT 2017-2018

“pNqfL$ $‘qfhpf“p kÞdp_“ue kv$õeîuAp¡,Ap‘Zu b¢L$“u 65du hpqj®L$ kp^pfZ kcpdp„ D‘[õ’s Ap‘ kh£“y„ k„QpgL$ d„X$m hsu lpqv$®L$ õhpNs L$fy„ Ry>„.

h¥qðL$ A’®s„Ó -

h¥qðL$ Apr’®L$ NrsrhrÂp¡ Ns hj® v$frdep“ ̂ udu ‘f„sy d½$dsp’u ApNm hû R>¡. hj® 2010’u Ns hj®“u iêAps kyûdp„ h¥qðL$ Apr’®L$ h©qÙ kp¥’u h^y

NrsA¡ ApNm hû lsu. r“óZpsp¡“u A‘¡np A“ykpf hj® 2018-19dp„ h¥qðL$ Apr’®L$ h©qÙ kyØY$ ’hp“u iL$esp R>¡.

Ap„L$X$pL$ue dprlsu A“ykpf Apr’®L$ h©qÙ hj® 2017dp„ 3.7% Å¡hp dmu s¡ ApNpdu hj®dp„ 4% kyû ‘lp¢Qhp“u iL$esp S>ZpB flu R>¡.

rhð“p dp¡V$pcpN“p v$¡ip¡“¡ kp„L$mu“¡ Qpgsu Apr’®L$ h©qÙ“p S>¡ dy¿e ‘qfbmp¡ R>¡ s¡dp„ M|b kpfu fp¡L$pZ Nrsrhr^, Ágp¡bg X$¡V$dp„ “p¢^‘pÓ h©qÙ A“¡ DÃQ

âdpZdp„ h^¡gu fp¡S>Npfu“p¡ dlÒh“p¡ apmp¡ NZu iL$pe. Ad¡qfL$p S>¡hp rhL$rks v$¡ip¡dp„ âhs®su fnZpÐdL$ “urs A“¡ A¡riep“p AdyL$ cpNdp„ âhs®su Æep¡-

‘p¡rgqV$L$g ‘qf[õ’rs Apr’®L$ tQsp“y„ L$pfZ NZu iL$pe.

cpfsue A’®s„Ó -

Ns hj® v$frdep“ “p¢^‘pÓ Apr’®L$ bpbsp¡ cpfsue A’®s„Ódp„ Ecfu“¡ blpf Aphu.

s¡dp„ -

(1) hj® 2017-18“p Qp¡’p Ó¥dpk“u h©qÙ 7.7% S>¡V$gu E„Qu flu. ‘f„sy, 2017-18“p ‘|fp ’e¡g hj®“u Apr’®L$ h©qÙ 6.7%“u flu lsu

S>¡Ns hj® 2016-17“u 7.1%“u h©qÙ’u 0.4% S>¡V$gu “uQu flu R>¡.

(2) “h“ “¡i“ h“ V¡$n” A„sN®s NyX$¹k A¡ÞX$ krh®kk V¡$n Ns hj® v$frdep“ v$¡icfdp„ gpNy L$fhpdp„ Apìep¡, S>¡ hj®“p A„s kyûdp„ dlv$„i¡

[õ’fsp ‘pdhpdp„ kam füp¡. S>¡’u Aphsp hjp£dp„ Æ.A¡k.V$u. v$¡i“¡ Apr’®L$ n¡Ó¡ dp¡V$u kamsp lp„kg L$fph¡ s¡hu Apip DÅNf ’pe R>¡.

(3) Nshj£ 2017-18 v$frdep“ fp¡L$pZ Nrsrhr^, h‘fpi s¡d S> kfL$pfu MQ®dp„ h^pfp¡ Å¡hp dþep¡, S>¡ cpfsue A’®s„Ó“y„ rhL$ksy„ õsf

v$ip®h¡ R>¡.

(4) Nshj® v$frdep“ î¡ZubÙ “ursrhjeL$ bpbsp¡“p AdguL$fZ“¡ L$pfZ¡ cpfs h¡‘pf kfmuL$fZ“p n¡Ó¡ rhð“p V$p¡‘ 100 v$¡ip¡“u

epv$udp„ ‘lp¢Qu iL$ey„.

(5) Ns hj®dp„ Ap‘Zp¡ v$¡i 64.6 rbrge“ X$p¡gf“p blpf“p fp¡L$pZp¡ d¡mhu iL$ey„. rhv$¡iu fp¡L$pZL$pfp¡ dpV¡$ d|X$ufp¡L$pZ dpV¡$“p râe fpóV²$

sfuL¡$“y„ ‘v$ Åmhu fp¿ey„.

(6) “p¡V$b„û ‘R>u“p “pZpL$ue hj®dp„ Ap‘Zp v$¡idp„ AphL$h¡fp¡ cf“pf L$fv$pspAp¡“u k„¿epdp„ 26%“p¡ h^pfp¡ “p¢^pe¡g R>¡.


rhNs

kcpkv$p¡“u k„¿ep

“p¡rd“g kæep¡

i¡f c„X$p¡m

A“pds c„X$p¡m’p‘Z

r^fpZ

fp¡L$pZLy$g AphL$

Ly$g MQ®

Ap¡‘f¡V$]N âp¡qaV$

“¡V$ âp¡qaV$

1.96%

12.74%

-21.55%

32.34%

-4.96%

5.67%

-32.75%

1.09%

0.00%

17.37%

8.33%

5397

4837

-14.07

129.97

-215.20

126.41

-591.02

5.01

0.01

16.755.00

280057274660

4281537978

51.2265.29

531.86401.89

4127.534342.73

2356.312229.90

1213.521804.54

464.47459.46

399.47399.46

113.1996.44

65.0060.00

31.03.17 31.03.2018 h^pfp¡ /OV$pX$p¡ V$L$phpfu

(3)

01

ANNUAL REPORT 2017-18

(7) ÅZusu f¡qV„$N A¡S>Þku d|X$uT Öpfp Ap‘Zp v$¡i“y„ f¡qV„$N 14 hj® bpv$ ky^pfhpdp„ Apìey„ A“¡ baaf L$fhpdp„ Apìey„, S>¡ v$¡i“u [õ’f Apr’®L$

‘qf[õ’rs v$ip®h¡ R>¡.

(8) Ns bS>¡V$dp„ kfL$pf¡ 10 L$fp¡X$’u h^pf¡ ‘qfhpfp¡“¡ êp. 5 gpM kyû“y„ hudp L$hQ ‘|fy„ ‘pX$hp“u ep¡S>“p Ål¡f L$fu kpdprS>L$ kyfnp“y„ DÑd

Dv$plfZ ‘|fy„ ‘pX$ey„.

(9) v$¡i“p 2018“p “pZp„L$ue bS>¡V$dp„ ’e¡g “Þe|“sd V¡$L$p“p cph” (A¡d.A¡k.‘u.)“u Ål¡fps’u M¡X$|sp¡“¡ s¡d“u M¡s‘¡v$pip¡“u ‘X$sf

qL„$ds L$fsp 50% h^y qL„$ds dmu fl¡ s¡hu Å¡NhpB L$f¡g R>¡. S>¡“p A“yk„^p“¡ L©$qj n¡Ó“¡ ‘Z Aphsp hjp£dp„ kpfp¡ h¡N dmi¡.

hj® v$frdep“ Ap‘Zu b¢L$dp„ Apr’®L$ A“¡ AÞe NrsrhrÂp¡ “p¢^‘pÓ flu. s¡“y„ rQÓ Ap‘“u kdn âõsys R>¡.

1. qX$rhX$ÞX$Qpgy hj£ 18% qX$rhX$ÞX$“u Q|L$hZu dpV¡$“u v$fMpõs Ap‘ kdn d„S|>fu dpV¡$ âõsys R>¡.

2. sp.31/03/2018 “p fp¡S> k„‘ß hj®“u “pZp„L$ue rkqÙAp¡“u TgL$ “uQ¡ dyS>b R>¡.

( L$fp¡X$dp„)

rhNsL$p¡õV$ Ap¡a qX$‘p¡TuV$

fuV$“® Ap¡“ A¡X$hpÞkfuV$“® Ap¡“ BÞh¡õV$d¡ÞV$

L$p¡õV$ Ap¡a a„X$euëX$ Ap¡“ A¡k¡V¹$k

“¡V$ õâ¡X$“¡V$ BÞV$f¡õV$ dpÆ®“

31.03.2017

6.69%7.36%

11.95%12.44%

7.27%8.76%

6.96%7.48%

9.71%9.92%

2.75%2.44%

3.01%3.13%

31.03.2018

02

** D‘ey®L$s Ap„L$X$pAp¡ ‘¥L$u b¢L$ ¡ Qpgy hj£ 100 L$fp¡X$“p âp¡qaV$“y„ kudprQú b¢L$“p Brslpkdp„ â’d hpf Ap¡‘f¡V$]N âp¡qaV$ 113.19 L$fp¡X$ lp„kg

L$fu Ap‘ klº“p klL$pf’u Ap õhà“ kpL$pf L$f¡g R>¡.

(4) d|X$u ‘ep®àssp“p¡ NyZp¡Ñf (ku.Ap.A¡.Apf.)sp.31/03/2018 “p fp¡S> b¢L$“u d|X$u ‘ep®àssp“p¡ v$f 16.07% füp¡ R>¡. S>¡ qfTh® b¢L$“p r“^p®qfs g^yÑd 9% “p v$f L$fsp„ Mpõkp¡ D‘f füp¡ R>¡. b¢L$“p

õhc„X$p¡m A“¡ Ap„sqfL$ “pZp„L$ue k„kp^“p¡ A“¡ Å¡Mdp¡ kl¡hp“u b¢L$“u dS>b|s ndsp Apdp„ ârstbrbs ’pe R>¡.

(5) ipMp rhõsfZQpgy hj® v$frdep“ b¢L¡$ b¡ “hu ipMp (1) L$p¡Wuqfep fp¡X$, fpS>L$p¡V$ (2) cph“Nf Mp¡g¡g R>¡. kp’¡S> JTp ipMp“y„ õ’mp„sf L$fu lmhv$ Mps¡ L$pe®fs L$f¡g R>¡.

(6) b¢L$“p õhch“31/03/2018 “p hjp®Þs¡ b¢L$“u 38 ipMpAp¡dp„’u 29 ipMpAp¡ õhch“dp„ L$pe®fs R>¡. N°plL$p¡“¡ h^y kpfu kyrh^p ‘|fu ‘X$hp“p DØ¡íe’u hj® v$frdep“

bp‘y“Nf ipMp“y„ õhch“dp„ õ’mp„sf L$fhpdp„ Aph¡g R>¡. D‘fp„s ‘X$^fu, Åd“Nf A“¡ S>¡s‘yf ipMp“p “hu“uL$fZ“y„ L$pd Qpgy R>¡. kp’¡ kp’¡ dhX$u àgp¡V$

ipMp dpV¡$ “hu S>Áep“u Mfuv$u L$fhpdp„ Aph¡g, S>¡“y„ bp„^L$pd ify L$fhpdp„ Aph¡g R>¡.

(7) r^fpZ

(1) f¡ÁeygpqfV$u qf‘¡d¡ÞV$ fuhp¡X®$ Üpfp r^fpZ âp¡k¡tkN QpS>®dp„’u dy[¼s :b¢L$dp„’u 50,000/- D‘f“y„ r^fpZ d¡mhu r“erds Q|L$hZu L$f“pf N°plL$p¡“¡ f¡ÁeygpqfV$u qf‘¡d¡ÞV$ qfhp¡X$® A„sN®s ¾¡$i¾¡$qX$V$ / Ap¡hfX²$paV$“p Mps¡v$pfp¡“¡

fuìey / qfÞeyAg âp¡k¡k au (S>¡ r^fpZ rgrdV$“p 0.50% R>¡)dp„’u dy[¼s Ap‘hp“y„ W fphpe¡g. S>¡“p¡ Adg Ap hj£ ‘Z Qpgy füp¡ lsp¡.

(2) S>¡“¡qfL$ v$hp“p õV$p¡f iê L$fhp r^fpZ kyrh^p :ìepS>bu cph¡ S>¡“¡qfL$ v$hp dmu iL¡$ s¡ l¡sy“¡ A“ygnu“¡ S>¡“¡qfL$ v$hp“p õV$p¡f iê L$fhp s’p Qgphhp dpV¡$ kfL$pf âp¡Ðkpl“ Ap‘u flu R>¡, Ðepf¡ Ap‘Zu b¢L$

‘Z kfL$pf“p âeÐ“p¡“¡ kam b“phhp ApNm hû“¡ S>¡“¡qfL$ v$hp“p õV$p¡f iê L$fhp L¡$ Qgphhp BÃRy>L$ kcpkv$p¡“¡ L$p¡B Ådu“, âp¡k¡k QpS>® L¡$ h^pfp“u

rkL$ep¡qfV$u rh“p r^fpZ Ap‘u flu R>¡.

(3) “pZp„L$ue riõs :Ap‘Zu b¢L$ CIBIL, EQUIFAX, EXPERIAN A“¡ CRIF HIGH MARK S>¡hp ¾¡$qX$V$ BÞap¡d£i“ åeyfp¡“u kv$õe R>¡. Ap’u Ap‘Z“¡ AfS>v$pf“p AÞe

b¢L$p¡ kp’¡“p hl¡hpfp¡“u dprlsu dmu iL¡$ R>¡. Ap ìehõ’p“¡ L$pfZ¡ L$p¡B ‘Z b¢L$“p Ar“erds N°plL$ dpV¡$ AÞe b¢L$dp„’u r^fpZ d¡mhhy„ dyíL¡$g R>¡. ¾¡$qX$V$

BÞap¡d£i“ åeyfp¡“p L$pfZ¡ b¢L$dp„’u r^fpZ g¡“pf ìe[¼s“¡ b¢qL„$N ìehõ’pdp„ fl¡g “pZp„L$ue riõs“u ÅN©rs Aph¡g R>¡.

(4) kp¡“p-r^fpZ :Apf.bu.ApB. Üpfp kp¡“p r^fpZdp„ 1,00,000 (A¡L$ gpM) kyû byg¡V$ qf‘¡d¡ÞV “u kyrh^p h^pfu 2,00,00 (b¡ gpM) L$fu R>¡. Ap‘Zu b¢L¡$ ‘Z Ap

kyrh^p“p¡ gpc N°plL$“¡ Ap‘¡g R>¡. svy$‘fp„s L$p¡B A¡L$ S> ipMpdp„’u kp¡“p r^fpZ d¡mhhp“p bv$g¡ 15 ipMpAp¡dp„’u kp¡“p r^fpZ dm¡ s¡hp„ ‘Ngp„ gu^p R>¡.

(5) dy¿d„Óu Aphpk ep¡S>“p :

“ “p“p dpZk“u dp¡V$u b¢L$ ” “y„ k|Ó Qqfsp’® L$fsu Ap‘Zu b¢L$ Üpfp Ap¡R>u AphL$ ^fphsp„ gp¡L$p¡ ‘p¡sp“y„ Of gB iL¡$ s¡ dpV¡$ “ dy¿ed„Óu Aphpk ep¡S>“p ”

A„sN®s gp¡““u õ¾$ud Adgu L$fpe¡g R>¡. Ap gp¡““u õ¾$ud l¡Wm Ap‘Zu b¢L$ ¡ r“ç“ AphL$hN®“p gp¡L$p¡“¡ Of“y„ Of hkphhp“u sL$ Ap‘¡g R>¡. kdunpû“ hj®“p

A„s¡ 1600 Mpsp„dp„ 63.00 L$fp¡X$“y„ r^fpZ 8.80% ’u 11% “p fpls ìepS> v$f¡ Apàey„ R>¡.

(8) V¡$L$“p¡gp¡Æ ’L$u N°plL$ k¡hpdp„ ky^pf :R>¡ëgp L¡$V$gpL$ hfkp¡’u b¢qL„$N n¡Ódp„ V¡$L$“p¡gp¡Æ“p âh¡i“¡ gB b¢qL„$N k¡hpAp¡dp„ Ac|s‘|h® ¾$p„rs Aphu R>¡. ku.V$u.A¡k, A¡“.A¡.ku.A¡Q, ¾¡$qX$V$-X¡$rbV L$pX®$$$,

dp¡bpBg b¢qL„$N, BÞV$f“¡V$ b¢qL„$N (ìey Ap¡Þgu), A¡V$uA¡d, hN¡f¡ kyrh^pAp¡“¡ gB b¢qL„$N kfm A“¡ TX$‘u bÞey„ R>¡. A¡V$gy„ S> “lu, b¢qL„$N k¡hp dpV¡$

b¢L$ch“dp„ S>hp“u AphíeL$sp“p¡ R>¡v$ DX$phu v$¡ s¡hp¡ kde Aphu füp¡ R>¡. lh¡ b¢L$ ipMp A“¡ b¢qL„$N Ap‘“p g¡‘V$p¡‘/L$p¡çàeyV$f/V¡$b L¡$ dp¡bpBgdp„ kdpB

Nep„ R>¡.

(1) L$p¡f b¢qL„$N k¡hp s’p A¡.V$u.A¡d.

Ap‘Z¡ AÛs“ V¡$L$“p¡gp¡Æ ̂ fphsy„ L$p¡f b¢qL„$N kp¡aV$h¡f ‘qa“L$p¡f’ lp„kg L$fu“¡ hj® 2011-12 dp„ b¢L$“u bû S> ipMpAp¡“¡ L$p¡f b¢qL„$N’u Aphfu gu^¡g R>¡.

s¡“¡ Ap“yj„rNL$ N°plL$ k¡hp“p kp^“p¡ S>¡hp L¡$ A¡“u b°p„Q b¢qL„$N A“¡ A¡V$uA¡d k¡hp ify L$f¡g R>¡. Ap‘Zp Ly$g 38 A¡V$uA¡d 24 L$gpL$ k¡hp Ap‘¡ R>¡. svy‘fp„s

HDFC b¢L$ Üpfp ‘Z A¡L$ rgduV$ kyû äu k¡hp“p¡ gpc dm¡ R>¡.

b¢L$ ¡ ê‘¡ A¡V$uA¡d-L$d-X¡$rbV$ L$pX®$ ify L$f¡g, S>¡“p Üpfp Ap‘Zu b¢L$“p N°plL$p¡ L$p¡B ‘Z ATM ‘f’u ApMp cpfs“p 2,50,000 D‘fp„s A¡V$uA¡d L¡$ÞÖp¡ ‘f

A¡V$uA¡d L$pX®$“p¡ D‘ep¡N L$fu “pZp/fp¡L$X$ D‘pX$u iL¡$ R>¡. Ap L$pX®$ Üpfp fp¡L$X$ D‘pX$ L$fhp D‘fp„s B-L$p¡d kyrh^p kÄS> X¡$rbV$ L$pX®$ lp¡hp’u v$¡icf“p

11,00,000 ’u h^y POS diu“ ‘f’u s¡d S> Ap¡“gpB“ Mfuv$u, rbg-‘¡d¡ÞV$, h. L$fu iL$pi¡ s¡d S> “pNqfL$ b¢L$“p A¡V$uA¡d ‘f’u X$ui V$uhu qfQpS>®,

dp¡bpBg qfQpS>® A“¡ a„X$ V²$pÞkaf ‘Z L$fu iL¡$ R>¡. Ad“¡ Ap“„v$ R>¡ L¡$ b¢L$“p eyhp Mps¡v$pfp¡ dpV¡$ Ap^yr“L$ b¢qL„$N“p¡ Ap“„v$ fp¡dp„QL$ A“ych b“u fl¡ R>¡.


03

(2) Ap^pf rgÞL$X$ N¡k kbkuX$u s¡dS> A¡“.‘u.ku.ApB. “u k¡hpAp¡Ap ep¡S>“p l¡Wm N°plL$p¡“¡ N¡k kbkuX$u ku^p ‘p¡sp“p Mpspdp„ L$p¡B ‘Z dyíL¡$gu hNf S>dp dmu Åe R>¡. cpfs“p sdpd “p“p hN®“p gp¡L$p¡ kyû b¢qL„$N“p rhT““¡ rdi“ b“phu Qpgsu kfL$pf¡ ApfbuApB s¡d S> A¡“‘ukuApB“¡ kp’¡ fpMu ipkL$ue kbkuX$u“¡ ku^p gpcp’}“p Mpspdp„ S>dp Ap‘hp’u gB“¡ RuPay L$pX®$ kyû“u kyrh^pAp¡“¡ ep¡Áe ê‘ Apàey„. Ap‘Zu b¢L$ ¡ ‘Z Ap bû S> kyrh^pAp¡“¡ gp¡L$p¡ kyû ‘lp¢QpX$u R>¡, s¡“p¡ Ad“¡ lj® R>¡. crhóedp„ Ap rdi“dp„ ipk““u kp’¡ flu “p“pdp„ “p“p gp¡L$p¡ kyû bû S> b¢qL„$N kyrh^p ‘lp¢Q¡ s¡hp¡ Adpfp¡ “½$f âepk fl¡ R>¡.

(3) $ ¡b¢L$ Üpfp dp¡bpBg b¢qL„$N“u kyrh^p iê L$fhpdp„ Aphu, S>¡“p¡ gpc lpg 12,500’u h^y N°plL$p¡ gB füp R>¡, Ap kyrh^p ’L$u b¢L

Ap^yr“L$ b¢qL„$N“¡ v$¡i“u rhrh^ V¡$rgL$p¡d L„$‘“uAp¡“p k’hpf¡ N°plL$p¡“p lp’ kyû ‘lp¢Qsu L$fu R>¡. rbT“¡k L$p¡fk‘p¡ÞX$ÞV$(BC), rbT“¡k a¡rkrgV¡$V$f(BF), B-‘pkbyL$ S>¡hu kyrh^pAp¡ iê L$fhpdp„ Aph¡g R>¡. Aph“pfp v$iL$dp„ b¢L$“u ipMp D‘f“p auTuL$g V²$pqaL$ X¡$V$p V²$pqaL$dp„ ‘qfhrs®s L$fhp“p DØ¡¹i’u V¡$L$“p¡gp¡Æ“p¡ cf‘|f D‘ep¡N L$fhp¡ R>¡. Ap^yr“L$ Bg¡L$V²$p¡r“L$ ‘¡d¡ÞV$ rkõV$d“¡ âp¡Ðkpl“ Ap‘u “Less Cash Society in India” “p rhQpf“¡ Qqfsp’® L$fhp¡ R>¡.

(9) d¡“¡S>d¡ÞV$

(1) rbT“¡k âp¡k¡k qfA¡ÞÆr“ef]Nb¢L$ Üpfp lp’ ^fhpdp„ Aph¡g ky^pfp“u âq¾$ep A¡ kss Qpgsu âq¾$ep b“¡g R>¡. b¢L$“u “urs A“¡ L$pe®‘Ùrs“¡ Aphfu g¡su Sy>v$u Sy>v$u ‘p¡rgkuAp¡ ^X$hpdp„ Aph¡g R>¡. s¡dp„ hMsp¡hMs ky^pfZp A“¡ qfìey ’sp fl¡ R>¡.

(2) bp¡X®$“u r“erds b¡W L$$ p¡hj® v$frdep“ bp¡X®$“u ‘pqnL$ A„sf¡ 26 b¡W L$ p¡ dmu R>¡ S>¡dp„ r^fpZ rhjeL$ r“Z®ep¡ D‘fp„s ‘p¡rgku ̂ X$sf A“¡ ky^pfZp A„N¡“p r“Z®ep¡ L$pedu ̂ p¡fZ¡ lp’ D‘f g¡hpdp„ Aph¡ R>¡.

(10) kcpkv$ k¡hpAp¡

(1) b¡V$u h^php¡ ep¡S>“pS>epf¡ kdN° rhðdp„ ‘yfyj-÷u bpmL$“p¡ f¡riep¡ (NyZp¡Ñf) qv$“-ârsqv$“ ̂ V$sp¡ Åe R>¡, Ðepf¡ ‘yÓuS>Þd“p¡ v$f h^¡ s¡hp Ddv$p l¡sykf b¢L$ Üpfp b¡V$u h^php¡ ep¡S>“p iê L$fhpdp„ Aphu. S>¡ A„sN®s ‘yÓufÐ““p ApNd““¡ h^phhp b¢L$ Üpfp ‘yÓu“p S>Þd“p iyc Ahkf ‘f b¢L$“y„ kæe‘v$ D‘lpfdp„ Ap‘hp“p¡ r“Z®e L$f¡g R>¡.

(2) qL$X$“u fp¡N, L¡$Þkf s’p AÞe budpfu’u ‘uqX$s kcpkv$p¡“¡ klpeb¢L¡$ il¡f“u “uQ¡ dyS>b“u lp¡[õ‘V$gp¡dp„’u kcpkv$p¡“¡ klpe dpV¡$“u ìehõ’p L$f¡g A“¡ Qpgy hj£ Ap klpe“u fL$ddp„ h^pfp¡ L$f¡g R>¡.(1) X$peprgkuk kpfhpf dpV¡$ bu.V$u. khpZu L$uX$“u lp¡[õ‘V$g kp’¡.(2) L¡$Þkf ‘uqX$sp¡“¡ kpfhpf dpV¡$ fpS>L$p¡V$ L¡$Þkf lp¡[õ‘V$g kp’¡.(3) N„cuf dp„v$NuAp¡“u kpfhpf dpV¡$ hp¡L$lpV®$ lp¡[õ‘V$g, fpS>L$p¡V$ s’p kuçk lp¡[õ‘V$g. Adv$phpv$ kp’¡.(4) Apf.bu L$p¡W pfu r“v$p“ L¡$ÞÖ, fpS>L$p¡V$dp„ kcpkv$p¡“¡ l¡ë’ Q¡L$A‘ fpls v$f¡ ’pe s¡hu ep¡S>“p gpNy L$fu R>¡.

(3) kcpkv$p¡“¡ AL$õdps hudp kyfnp kyrh^pb¡ÞL$“p 18 hj®’u D‘f“p A“¡ 70 hj®’u “uQ¡“p gNcN b¡ gpM ’u h^pf¡ kcpkv$p¡“¡ AL$õdps hudp ep¡S>“p l¡Wm 1,00,000/- (A¡L$ gpM) “y„ hudp L$hQ b¢L$“p MQ£ ‘|fy„ ‘pX¡$g R>¡. Ap hudpL$hQ S>¡ s¡ kcpkv$p¡“¡ bQs Mpsp/Qpgy Mpsp“p Mpsp^pfL$ sfuL¡$ dmhp‘pÓ fnZ D‘fp„s“p h^pfp“p fnZê‘¡ A‘ph¡g.hj® v$frdep“ kcpkv$p¡“¡ ApL$[õdL$ Ahkp““¡ gB Ly$g 23,00,000/- “p L$g¡Bd d„S|>f L$fphu“¡ Q|L$hhpdp„ Aph¡g R>¡. s¡d S> N°plL$p¡“¡ Ly$g

7,00,000/- “p L$g¡Bd Q|L$hpe¡g R>¡. Apd Ly$g 30,00,000/- “u fL$d Q|L$hhpdp„ Aph¡g R>¡.

(11) Açb°¡gp krh®kfpóV²$ueL©$s A“¡ âpBh¡V$ b¢L$p¡“p rhipm dpmMphpmu A“¡ MQp®m V¡$L$“p¡gp¡Æey¼s diu“fu ̂ fphsu k¡hpAp¡“u õ‘^p®dp„ s¡d“u kdL$n k¡hpAp¡ ‘|fu ‘pX$hp“p¡

h‘X$L$pf klL$pfu b¢L$p¡“u Ä g„s kdõep R>¡. “p“u b¢L$p¡“¡ Ap V¡$L$“p¡gp¡Æ“p¡ MQ® “ ‘p¡jpB iL¡$ s¡ õhpcprhL$ R>¡. s¡hp kde¡ Ap‘Zu b¢L$ AÞe “p“u klL$pfu b¢L$p¡“¡ Aphu k¡hpAp¡ ‘|fu ‘pX$hp ApNm Aphu R>¡. Açb°¡gp krh®k“p “pd¡ âQrgs A¡hu Ap k¡hpAp¡ v$p.s. ku.V$u.A¡k, A¡“¡.A¡.ku.A¡Q, X¡$V$p k¡ÞV$f i¡f]N, h. dp„ Ap‘Z¡ dp¡Vy„$ fp¡L$pZ L$fu AÞe b¢L$p¡“¡ gpc Ap‘uA¡ R>uA¡. svy$‘fp„s AÞe klL$pfu b¢L$p¡“p õV$pa“¡ ârinZ dpV¡$ ‘Z krh^p ‘|fu ‘pX$uA¡ R>uA¡.

(12) kdprS>L$ A“¡ kp„õL©$rsL$ S>hpbv$pfuAp¡“y„ hl“

(1) hp„Q“ ‘fbhj® 2016 “p d¡ dpk’u Ap‘Z¡ l¡X$ Ap¡qak ‘f v$f drl“p“p ÓuÅ ir“hpf¡ hp„Q“ ‘fb A„sN®s Æh“ D‘ep¡Nu ‘yõsL$“p fkpõhpv$“p¡ L$pe®¾$d ep¡S>hp“y„ ify L$f¡g R>¡. “pNqfL$ ‘qfhpfdp„ kpfp hp„Q“ âÐe¡ fyrQ ÅN¡ s¡ dpV¡$ Ap L$pe®¾$d ep¡S>hpdp„ Aph¡ R>¡. hj® 2017-18 v$frdep“ Aphp Apep¡S>“p¡dp„ h¼sp sfuL¡$ X$p¸. “f¡i h¡v$, îu ̂ °yh cË, X$p¸. qv$“L$f Å¡iu, X$p¸. r“rds Ap¡Tp, îu S>e hkphX$p, X$p¸. ifv$ W p L$f, îu fdÅ“ lkrZep, îu kgud kp¡dpZu. îu iplbyØu“ fpW p¡X$,

hîu rdrgÞv$ NY$hu, îu ‘f¡i ìepi, îu Ä g„s R>pep s’p îuArcdÞey dp¡v$u krls“p dlp“ycphp¡ rhrcß ‘yõsL$p¡ ‘f h¼sìe Ap‘u Q|L$ep R>¡.


04

(2) q¾$L¡$V$ L$p¡tQN 23dp¡ L¡$ç‘ :

v$f hj®“u S>¡d Ns hj® ‘Z D“pmy h¡L¡$i“dp„ r“:iyëL$ q¾$L¡$V$ L$p¡tQN L¡$ç‘“y„ Apep¡S>“ L$fhpdp„ Aph¡g A“¡ s¡dp 435 rhÛp’}Ap¡A¡ DÐkpl‘|h®L$ cpN gu^p¡.

(3) s¡S>õhu rhÛp’}Ap¡“¡ âp¡Ðkpl“ A“¡ rióeh©qÑ

b¢L$ Üpfp 416 kcpkv$ ‘qfhpf“p s¡S>õhu spfgpAp¡“¡ kÞdp“hpdp„ Aph¡g A“¡ rhrh^ c¡V$/‘yfõL$pf A¡“pes L$fhpdp„ Aph¡g R>¡ s¡dS> 182 kcpkv$

‘qfhpf“p s¡S>õhu rhÛp’}Ap¡“¡ õL$p¡gfiu‘ ‘Z Ap‘hpdp„ Aph¡g R>¡.

(4) õhps„Ôe A“¡ âÅkÑpL$ qv$““u DS>hZuÂAp‘Z¡ l¡X$ Ap¡qak s’p sdpd ipMpAp¡dp„ 15 Ap¡NõV$ s’p 26 ÅÞeyApfu“p qv$hk¡ hS>h„v$““u kp’p¡kp’ AM„X$ cpfs õd©rsqv$“ s’p cpfsdpsp ‘|S>““p

L$pe®¾$dp¡ ep¡Åep, S>¡dp„ “pNqfL$ ‘qfhpf s’p N°plL$p¡ DÐkplc¡f Å¡X$pep lsp.

(5) õ’p‘“p qv$““u DS>hZu A“¡ v$f¡L$ ipMp ‘f N°plL$ rdg“

b¢L¡$ ‘pf„‘qfL$ fus¡ õ’p‘“p qv$““u DS>hZu L$fu. sp.05/10/2017 “p fp¡S> s’p s¡ AWh pqX$ep v$frdep“ ipMp kyip¡c“ A“¡ rhrh^ õsf“u õ‘p^p®Ap¡“y„

Apep¡S>“ L$f¡g. b¢L$“u fpS>L$p¡V$ il¡f blpf “u ipMpAp¡“p õ’p‘“p qv$hk“u DS>hZu ‘Z S>¡ s¡ ipMpdp„ DÐkplc¡f L$fhpdp„ Aphu lsu. õ’p‘“p qv$““u

DS>hZu“p cpN ê‘¡ rhrh^ ipMpAp¡“p N°plL$p¡“y„ rdg“ ‘Z Apep¡rS>s L$fhpdp„ Apìey„ lsy„.

(13) dp“h k„kp^“ rhL$pk

(1) b¢L$“p õ’p‘“p qv$“ r“rdÑ¡ sdpd L$d®QpfuAp¡ dpV¡$ ¿eps“pd dp¡V$uh¡i“g Nyfy îu A¡“. f^yfpd“ Üpfp Arcâ¡fZpÐdL$ L$pe®¾$d“y„ Apep¡S>“

L$fhpdp„ Aph¡g, S>¡dp„ õ’pr“L$ s’p blpfNpd’u blp¡mu k„¿epdp„ L$d®QpfuNZ D‘[õ’s fl¡g. svy$‘fp„s L$d®QpfuAp¡ s’p s¡d“p ‘qfhpf“p DÐL$j® dpV¡$ h¡ëa¡f

õ¾$ud ̂ X$hpdp„ Aphu L¡$ S>¡dp„ ep¡N, Æd, BÞX$p¡f-ApDV$X$p¡f fdsp¡ hN¡f¡ ’L$u s¡Ap¡ âp¡Ðkprls ’pe.

(2) Ap‘“u kdn b¢L$“u âNrs“p S>¡ Ap„L$X$p fS|> L$ep® R>¡, s’p S>¡ kpdprS>L$ A“¡ kp„õL©$rsL$ ep¡Nv$p“ b¢L$ Ap‘u flu R>¡, s¡ b¢L$“p¡ kdN° L$d®Qpfu

‘qfhpf Mc¡Mcp rdgphu r“óW p A“¡ hapv$pfu’u L$pe®fs R>¡, s¡“y„ S> ‘qfZpd R>¡.

(3) op“ A“¡ L$p¥ig h©qÙ

kdunpû“ hj® v$frdep“ NAFCUB s’p NyS>fps Ab®“ L$p¡-Ap¡‘. a¡X$f¡i““p dpN®v$i®“ “uQ¡ spgudu L$pe®¼d Apep¡rS>s ’ep¡. Ap âp¡N°pd fpS>L$p¡V$ D‘fp„s

kp¥fpóV²$“u sdpd b¢L$p¡“p L$d®QpfuAp¡ s¡d S> Ap“yj„rNL$ sdpd gp¡L$p¡“¡ OZp¡ S> D‘ep¡Nu ’ep¡ R>¡.

L$d®Qpfu ârinZ kss Nrsiug âh©qÑ flu R>¡. hj® 2017-18 v$frdep“ 9 L$d®QpfuAp¡“¡ / Ar^L$pfuAp¡“¡ ârinZ A’£ rhrh^ k„õ’pAp¡dp„ dp¡L$ghpdp„

Aph¡g. 74 V²¡$t“N L$p¡k®“y„ Apep¡S>“ Ap‘Zp ‘p¡sp“p ârinZ L¡$Þ°Ödp„ L$fhpdp„ Aph¡g S>¡“p¡ gpc 1447 L$d®QpfuAp¡A¡ “uQ¡ A“ykpf gu^¡g.

(5) hj® v$frdep“ 31 L$d®QpfuAp¡ B[ÞX$e“ b¢¼k A¡kp¡kuA¡i“ Üpfp g¡hpdp„ Aphsu JAIIB/CAIIB “u ‘funp DÑuZ® L$f¡g R>¡.

(6) b¢L$dp„ S>epf¡ S>epf¡ S>¡ s¡ ‘p¡õV$ L$d®Qpfu“u r“h©qÑ L¡$ AÞe L$pZp¡kf Mpgu ‘X¡$ R>¡ Ðepf¡ s¡ S>ÁepAp¡ b¢L$“p L$d®Qpfp¡Ap¡“¡ Ap„sqfL$ âdp¡i“

Ap‘u cfhp“u L$pdNufu kss âq¾$ep b“u R>¡. hj® v$frdep“ 54 L$d®QpfuAp¡“¡ D‘gp N°¡X$dp„ “uQ¡ dyS>b âdp¡i“ Ap‘hpdp„ Aph¡g R>¡.


d¡“¡S>f s’p DÃQ Ar^L$pfu

L$gpL$® / Sy>r“ef / L$p¡çàeyV$f Ap¡‘f¡V$fA¡[¼TL$eyqV$h 456

Sy>r“ef Ap¡qakf / ku“uef A¡[¼TL$eyqV$h

104

887

1

2

3

Sy>. A¡[¼TL$eyV$uh 02

Sy>r“ef Ap¡qakf / ku. A¡[¼TL$eyqV$h

JAIIB CAIIB

20

01

081

2

Sy>r“ef Ap¡qakf / ku. A¡[¼TL$eyqV$h d¡“¡S>f

kb-õV$pa / Ap¡. AprkõV$ÞV$ / L$p¡. Ap¡‘f¡V$f Sy>. A¡[¼TL$eyqV$h

26

Sy>. A¡[¼TL$eyV$uh / L$gL®$ ku. A¡[¼TL$eyqV$h/Sy>. Ap¡aukf

1

27

1

2

3

(4)

S>e klL$pf.k„QpgL$ d„X$m hsu“rg“ hkpQ¡fd¡“

05sp. 29 kàV¡$bf 2018

“uQ¡ âdpZ¡ L$d®QpfuAp¡“¡ L$p¡ÞV²¡$L$ÃeyAg krh®kdp„’u L$pedu L$d®Qpfu sfuL¡$ f¡Áeygf õL¡$gdp„ r“dZ|L$ Ap‘hpdp„ Aphu.

1.

2.

3.

Sy>r“ef Ap¡qakf

d¡“¡S>fX¡$àeyV$u Qua d¡“¡S>f

4

2

1

âdp¡i““u k„‘|Z® âq¾$ep ‘pfv$i} A“¡ NyZhÑp“p dp‘v$„X$’u ’pe R>¡.

(8) k¡hpr“h©qÑ :

hedep®v$p“¡ gB“¡ hj® v$frdep“ b¢L$“p îu k¡hpgpg S>¥“ A“¡ f^yhuftkl bpfp¡V$ D‘fp„s 20 AÞe Ar^L$pfu / L$d®QpfuAp¡ k¡hpr“h©Ñ ’ep lsp.

(9) (Ahkp“ ‘pd¡gp L$d®Qpfu) qv$h„Ns L$d®QpfuAp¡“¡ ip¡L$p„S>rg

hj® 2017-18 v$frdep“ L$gpL®$ îu S>Nv$uicpB ‘„X$ep Ap‘Zu hÃQ¡’u rQfrhv$pe guû lsu. ‘fdr‘sp ‘fdpÐdp kv$Ns“p ApÐdp“¡ rQf„s“ ip„rs âv$p“

L$f¡ s¡ âp’®“p.

Apcpf v$i®“ :

hj® v$frdep“ b¢L$“p sdpd kcpkv$p¡, N°plL$p¡ s’p iyc¡ÃR>L$p¡“p¡ b¢L$ âÐe¡“p¡ Aârsd klep¡N s’p b¢L$“p d¡“¡S>d¡ÞV$dp„ k„‘|Z® rhðpk d|L$hp bv$g ùv$e‘|h®L$

Apcpf dp“y„ Ry>„.

L$d®QpfuAp¡“u k„õ’p âÐe¡“u hapv$pfu A“¡ r“óWp“¡ L$pfZ¡ b¢L$ ApS>¡ klL$pfu n¡Ó¡ Np¥fhh„sy„ õ’p“ Åmhu iL¡$g R>¡. s¡Ap¡“p k„õ’p âÐe¡“p kd‘®Z ’L$u b¢L$

kdn Aph¡g ‘X$L$pf“¡ Tugu gB“¡ kamsp âpàs L$f¡ R>¡. ÅN©s L$d®Qpfu d„X$m“p kh£ kæep¡ s¡d S> s¡“p ‘v$pr^L$pfuAp¡, âdyM îu Dd¡v$cpB Å“u, D‘âdyM

îu d“kyMcpB NS>¡fp, âcpfu îu S>e„scpB fphg s’p hs®dp“ L$pfp¡bpfu d„X$m“p kh£ kæep¡“p¡ s¡Ap¡“p fQ“pÐdL$ klep¡N A“¡ klL$pfcey¯ hgZ v$pMhhp

bv$g Apcpfu Ry>„.

hj® Afrdep“ â¡k rdX$uep A“¡ Bg¡L$V$p¡²r“L$ rdX$uep Üpfp b¢L$“u âNrs A“¡ Nrsrhr^“p Al¡hpgp¡ ârkÙ L$fhp bv$g s¡d“p¡ Apcpf dp“y„ Ry>„.

b¢L$“p L$pdL$pS>“y„ AÞh¡jZ L$f“pf rhrh^ ipMpAp¡“p Ap¡qX$V$fîuAp¡ s’p l¡X$ Ap¡qak“p Ap¡qX$V$fîu“p¡ s’p b¢L$“p qX$f¡L$fîuAp¡ A“¡ X¡$rgN¡V$“u Q|„V$Zu qfV$r“¯N

Ap¡qakf sfuL¡$ afS> bÅh“pf îu X$u.X$u. dl¡sp“p¡ Apcpf dp“y„ Ry>„.

NyS>fps Ab®“ L$p¡-Ap¡‘f¡qV$h b¢¼k a¡X$f¡i“ Adv$phpv$ s’p s¡“p kuBAp¡ îu S>¡.hu. ipl, k¡ÞV$f ap¡f b¢qL„$N qfkQ® X¡$hg‘d¡ÞV$ A¡ÞX$ A¡¼k¡gÞk

(ku.bu.Apf.X$u.B.)“p A¡L$TuL$eyqV$h X$pef¡L$V$f îu Apf.A¡“.Å¡ju, kp¥fpóV²$ L$ÃR> Ab®“ L$p¡-Ap¡‘f¡qV$h b¢¼k a¡X$f¡i“, fpS>L$p¡V$ s’p “¡i“g a¡X$f¡i“ Ap¡a

Ab®“ L$p¡-Ap¡‘f¡qV$h b¢¼k A¡ÞX$ ¾¡$qX$V$ kp¡kpeV$u-“paL$b-, “hu qv$ëlu“p ‘v$pr^L$pfuAp¡ s’p “paL$b“p Qua A¡L$TuL$eyqV$h îu kycpj Nyàsp“p¡ kde kde

‘f dpN®v$i®“ Ap‘hp bv$g Apcpf dp“y„ Ry>„.

b¢L$“u r^fpZ hk|gps“u L$pNufudp„ dv$v$ê‘ b“sp bp¡X®$ Ap¡a “p¡rd“uT“p Ar^L$pfuAp¡ s’p b¢L$“p Aprb®V¡²$V$fîuAp¡“p¡ s’p r^fpZ A“¡ hk|gps“u L$pdNufudp„

kss L$pe®fs fl¡sp b¢L$“p h¡ëeyAf s’p A¡X$hp¡L¡$V$ rdÓp¡“p¡ Apcpfu Ry>„.

b¢L$“u fp¡tS>v$u L$pdNufuAp¡dp„ s’p k„Qpg“ dpV¡$ Ad|ëe dpN®v$i®“ Ap‘hp bv$g qfTh® b¢L$ Ap¡a HqX$ep“p fuÆep¡“g X$pef¡L$V$f, Adv$phpv$ îu S>¡.L¡$. v$pk s¡dS>

X$u.ku.bu.A¡k. Adv$phpv$“p S>“fg d¡“¡S>f îu hu. f„Npfph s’p X¡$àeyV$u S>“fg d¡“¡S>f îu X$u. ksujLy$dpf A“¡ îu X$u.L¡$. “pgb„v $“p¡ Apcpf dp“y„ Ry>„.

b¢L$“p kh£ kcpkv$p¡, X¡$rgN¡V$ rdÓp¡ s’p õ’pr“L$ rhL$pk krdrs“p kv$õep¡“p¡ b¢L$“p L$pdL$pS>dp„ Æh„s fk v$pMhu ÅN©s âlfu sfuL¡$ c|rdL$p Av$p L$fhp bv$g

Apcpfu Ry>„.

Ap‘ kp¥“p kq¾$e klL$pf’u b¢L¡$ 65 hj®“u gp„bu dS>g ‘kpf L$fu R>¡. “p“p dpZk“p Æh“dp„ lL$pfpÐdL$ ‘qfhs®“ gphhp“p Ap‘Zp Ap Arcep“dp„ Ap‘“p¡

Ddv$p klep¡N crhóedp„ Apd S> dmsp¡ fl¡i¡ s¡hu Apip fpMy„ Ry>„.


(7)

06

5397

-14.07

129.97

5.01

0.01

16.75

5.00

4837

-215.20

126.41

-591.02

Particulars

Membership

Nominal Members

Capital

Reserve & Surplus

Deposits

Advances

Investments

Total Income

Total Expenses

Operating Profit

Net Profit

31.03.17 31.03.18 Inc/Dec

280057274660

4281537978

51.2265.29

531.86401.89

4127.534342.73

2356.312229.90

1213.521804.54

464.47459.46

399.47399.46

113.1996.44

65.0060.00

(Rs.in Crores)

(%)

1.96%

12.74%

-21.55%

32.34%

-4.96%

5.67%

-32.75%

1.09%

0.00

17.37%

8.33%

%

I heartily welcome all of you at the 65th Annual General Meeting on behalf of the Board of Directors. Global Economy : -The Global economic activities progressed slowly but steadily last year. From 2010 till the start of previous year, global economy has shown

tremendous growth. According to the experts, growth of global economy will be strong during the year 2018-19.As per the statistical information, economic growth of 2017-18 was 3.7%, which is expected to increase to 4.0% during this year.World-wide economic activities between various countries are intertwined, major factors that play the role for growth in the world economyare excellent investment management, increase in availability of global data and increase in employment.The prevailing Protectionism Policy in the developed countries like America and the Geo-Political situations in certain parts of Asia, can be amatter of concern for growth in global economy.Indian Economy : -During the last year, following considerable matters have come out in Indian Economy: -(1) The growth in the fourth quarter of 2017-18 was 7.7% however the overall growth for the year 2017-18 was 6.7% which was 0.4%

less as compared to the growth of 2016-17 of 7.1%(2) Under 'One Nation One Tax' regime Goods and Services Tax Act was made applicable during last year which was stable by the end

of the year. It is expected that GST will be beneficial for the National Economic growth.(3) In 2017-18 there has been an increase in Investment activities, usage and government expense which shows development in the

National Economy.(4) Due to the citing regulatory matters, India has been ranked amongst top 100 countries in the Business Optimism Index.(5) Last year there was Foreign Investment amounting to Rs.64.6 Billion Dollars in India.India is consistent to be amongst the

preferred nations for Capital Investment by Foreign Investors.(6) After Demonetization, there has been an increase in number of taxpayers by 26%.(7) Moody's credit rating for India was last set at Baa2 with stable outlook. This was changed after 14 years.(8) A flagship national health protection scheme was introduced in the last budget to cover 10 crore vulnerable families by providing

them insurance coverage up to Rs.5 lakh per family per year for secondary and tertiary care of hospitalization.(9) In the Budget 2018, finance minister announced MSP (Minimum Support Price) for crops which will be such that it guarantees

farmers a 50% return over their production cost. Accordingly, there shall be paramount growth in agricultural sector in upcoming years.The above-mentioned forces have also influenced the banking business in the country.I hereby present the picture of many noteworthy financial and other activities which have taken place during the year.1) Dividend Dividend of 18% has been proposed for the year 2017-18. The proposal is placed for your approval.2) The Financial Highlights of the Bank for the Year 2017-18 are as under.


** THIS YEAR BANK HAS SUCCESFULLY EARNED OPERATING PROFIT OF RS.113.19 CRORES, THIS MILESTONE WAS ACHIEVED WITH CO-

OPERATION OF ALL OF YOU.

(4) CRAR (Capital to Risk Weighted Asset Ratio)

As on 31.03.2018 the Capital to Risk Weighted Asset Ratio (CRAR) of the Bank stood @ 16.07%, which is much higher than the 9% stipulated by, Reserve

Bank of India. This reflects our own funds, internal monetary sources and the Risk bearing capacity of the Bank.

(5) Branch Expansion

During the year, operations of two new branches 1. Kotharia Road, Rajkot 2. Bhavnagar have been commenced. Moreover, operations of Unjha branch

have been shifted to Halwad.

(6) Bank's Own Premises

Out of 38 branches of the bank 29 branches have their own premises. During the year, Bapunagar Branch has been shifted to new spacious premises for

customer facilitation./ better customer services. Further, Paddhari Branch, Jamnagar Branch and Jetpur Branch are under reconstruction. In addition, bank

had purchased the land for new premises for Mavdi Plot Branch, Rajkot, the construction of which has already commenced.

(7) Advances

(1) Waiving of Process Charges& Regularity Repayment Reward

For credit limits over 50,000/- we have continued with the scheme of offering Regularity Repayment Rewards as waiver of process fees (which is 0.50%

of credit limit)at the time of renewal of eligible accounts, during the current year too.

(2) Generic Medicines Store.

Government of India is encouraging opening and operations of Generic Medicines Stores which are providing medicines at minimal rate. To support these

efforts of government, our bank has taken initiative to provide loan without any guarantor, processing charges, or collateral securities to those shareholders

who are willing to open or operate generic medicines store.

(3) CIBIL – Financial Discipline

Our Bank is a member of four Credit Information Bureaus viz. CIBIL, Equifax, Experian, CIRF High Mark. Bank is now able to get information about

applicant's borrowal accounts with other Banks. As a result of this arrangement it has become difficult for irregular customers to avail credit from any

bank. A new era of financial discipline in Indian Banking System has dawned.

(4) Gold Advances

RBI has increased gold loan bullet repayment limit from 1,00,000/- to 2,00,000/-. Our bank has also given this benefit to our customers. Moreover, we have

taken steps to make the gold loan available from 15 branches of the bank instead of just one branch.

(5) Mukhymantri Aavas Yojana

To fulfil our vision of “Small Man's Big Bank”, our bank has implemented loan facility under this scheme so that low-income earners can purchase their own

home. Under this facility, our bank has given opportunity to the low-income group people to purchase their own home. At the end of the year,1600

beneficiaries have been granted loan of 63.00 cr. at lower interest rate of 8.80% to11%.

07

Net Interest Margin

Particulars 31.03.17 31.03.18

Cost of Deposits

Return on Advances

Return on Investments

Cost of Fund

Yield on Assets

Net Spread

3.01%

6.69%

11.95%

7.27%

6.96%

9.71%

2.75%

3.13%

7.36%

12.44%

8.76%

7.48%

9.92%

2.44%

(3)


08

(8) Customer Service Through Improved Technology

In recent past, we have witnessed revolutionary development in banking services due to sweeping changes in technology. Due to introduction of various

technology based delivery channel i.e. CTS, NACH, Credit -Debit Cards, Mobile Banking, Internet Banking (view only), ATM banking etc. will make

banking smoother and speedy. The time would come when customer will not be required to visit bank premises to avail banking services. Now bank

branch and banking services have come down to client's laptop /computer / tablet or mobile.

(1) Core Banking & ATM Services

Our Bank has acquired Core Banking Services with “FINCORE” software in the year 2011-12. All our branches are offering Any Branch Banking Services

for the benefit of our customers. We have also installed round the clock ATM at total 38 centers .Transactions through HDFC Bank are free to a stipulated

limit.

Bank has introduced RuPay ATM-cum-debit card which can be used for transaction at more than 2,50,000 ATM centers across India. This Debit card with

E-Comm. facility can also be used at more than 11,00,000 POS and online purchase, bill payment, also with ATMs of our Bank, one can recharge DTH

services, Mobile Phone and transfer of funds to other accounts. We are happy to foresee, that young account holders would enjoy modern banking

through electronic payment system and other digital services, it would be exciting banking experience for them.

(2) Aadhar Linked LPG subsidy & other NPCI services

Under this scheme, customers can get credit of their subsidy amount directly in their account without any hassle.

Government with the mission of financial inclusion as a vision in Banking for all the people and with cooperation of RBI and NPCI has taken steps so that

Government Subsidy can directly be paid into customer's account and customers would get RUPAY CARD too. We are delighted to provide all these

services. In future, keeping strides with the State, we would provide banking facilities to the smallest people.

(3) Mobile Banking

Bank is already providing the service of Mobile Banking to its customers. Presently, more than 12,500 Customers have been enjoying the benefit of the

same and the number is increasing rapidly. Additionally, the bank has operationalized services like Business Correspondent(BC), Business Facilitator

(BF), E-passbook, etc. We have also visualized telescopically to convert physical traffic into data traffic using latest technology. By using various telecom

channels, we have provided banking facility at customer's fingertip. We have taken a step further towards “Less Cash Society in India”.

(9) Management

(1) Business Process Reengineering

The process of improvement in Bank's working is an ongoing process. By now, we have policies covering almost all areas of functioning of the Bank.

Review of policies as well as modifications in policies are regularly done as and when required.

(2) Board Meetings

During the year, the Board met 26 times at fortnightly intervals. The Board took important decisions related to credits, framing and reviewing of policies

and other important decisions.

(10) Benefits & Services to Shareholders

(1) Beti Vadhavo Scheme

As we are aware that Sex Ratio in the world today indicates decrease in number of girls. To encourage the birth of girls in the society, the bank is running a

scheme called “Beti Vadhavo”. Under the said scheme, the bank gifts the membership of the bank as a token of good gesture on the birth of a girl child in

the family.

(2) Aid to members suffering from Kidney Disease, Cancer or any other sickness.

For the benefit of members, the Bank continues to offer medical facilities at concessional rate at various hospitals and this year the amount of the

assistance has been increased.

(1) Dialysis facility at B.T. Savani Kidney Hospital & Sadbhavana Hospital.

(2) For Cancer patients, facilities at Rajkot Cancer hospital.

(3) Facilities at Wockhardt hospital, Rajkot and CIMS hospital Ahmedabad for patients with grave multiple diseases

(4) Health checkup at R.B. Kothari Nidan Kendra, Rajkot.

(5) Accidental Insurance facility available for members

(3) Accident Insurance Facility to the members

For more than two lakh members of the Bank in the age group of 18 to 70 years, the bank has provided free insurance cover under an accident insurance

policy of Rs.1,00,000/-. This cover is over & above the insurance cover available to “Savings and Current” A/c customers.

During the year, members covered under the above scheme received 23.00 lakh insurance claim on amount of death of members, and account holders

have been paid with claim of Rs.7.00 lakh in all the Bank has helped to settle claims to the tune of 30 lakh


09

(11) Umbrella Services

Nationalized and Private Banks have huge infrastructure and expensive IT infrastructure. Which poses the challenge before the Co-operative Banks to

provide equivalent services or better in comparison to those banks. It is obvious that small Co-operative bank can't afford such expensive technology. At

such time, our bank has come forward to the rescue of these small cooperative banks. All such umbrella Services i.e. CTS, NACH, Data Center Sharing

etc. have been extended to small co-operative so as to share benefits of our huge investment in technology.

(12) Social & Cultural Responsibilities

(1) Book TalkrdFrom May 2016, we have started an activity of Book Talk on every 3 Saturday of the month at Head office with a view to inculcate the habit of reading

good books that enrich thinking and life. During the year 2017-18 we had Invited renowned Speakers Dr Naresh ved, Shri Dhruv Bhatt, Dr. Dinkar Joshi,

Dr. Nimit Oza, Shri Jay Vasavda, Dr. Sharad Thaker, Shri Ramjan Hasania, Shri Salim Somani, Shri Shahbuddin Rathod, Shri Milind Gadhavi, Shri Paresh

Vyas, Shri Jwalant Chhaya, and Shri Abhimanyu Modi to deliver speech on various books.

(2) 23rd free Cricket Coaching CamprdThe free cricket coaching camp was organized for consecutive 23 year, as hitherto and almost 435 children participated in the coaching camp this year.

(3) Felicitation of Bright Students

The Bank has felicitated 416 bright students of members' family by providing them prizes / gifts. 182 exceptionally bright students from shareholders'

family were given away scholarships.

(4) Independence Day & Republic day celebrations

All the staff members of Head Office, as well as branches, celebrated 15th August (Independence Day & 26th January (Republic Day) with Flag Hoisting

Ceremony to pay respect to our tricolor, and for “Bharat Mata Poojan. ” Our customers also actively participated in these occasions.

(5) Bank Foundation Day Celebration through Customer Meet

Bank Foundation Day on 05.10.2017 was celebrated with traditional pomp & fervor. During the entire foundation week, a series of programmes such as

“Branch Decoration” and different competitions were organized. Branches outside Rajkot also celebrated their foundation day and organized customer

meets on the occasion.

(13) Human Resources Development

(1) A motivational seminar was arranged for the employees of the Bank on the occasion of Bank's Foundation Day. There was active

participation by local as well as outstation employees to get enlightened from the motivational speech by renowned Motivational guru Shri N. Raghraman.

Moreover, employees and their family members were enlightened with various welfare schemes on Yoga, Gym, Indoor-Outdoor games etc.

(2) I feel proud to announce that the financial highlights of the Bank, which I have presented before you, as well as the report on various

socio-cultural activities organized during the year, were the result of concerted hard work, dedication and loyalty of the staff members of the Bank.

(3) Knowledge and skill development

During the year, training programmes were organized under the active guidance of NAFCUB, and Gujarat Urban Cooperative Banks Federation. These

programs were found interesting and useful by the employees of various cooperative banks in Rajkot district, as well as the employees of other banks of

Saurashtra and other concerned person.

Staff training is an ongoing process and during the year 2017-18, 9 staff members were sent for training to various outside institutes. 74 Training

programmes were organized in our own training center, where 1447 staff members participated as under,-

Manager and above 104

Jr. Officer / Sr. Executive

Clerk / Jr. Executive / Computer Operator

887

456

(4)

(5) During the year, 54 employees were promoted to higher cadres as under.

Manager and above 1


Clerk / Jr. Executive / Computer Operator

27

26


10

The following cadres of employees were shifted from Contractual to Regular Scale.

The above promotion process was based on merit and was totally transparent.

(8) Retirement

During the year, Shri Sewalal Jain, Shri Raghuvirsinh Barot and 20 officers/other employees got retired from the Bank.

(9) Demise of Staff Members

During the year 2017-18,Shri Jagdishbhai Pandya departed for his heavenly abode. We feel extremely sorry on his sad and untimely demise. We pray the

almighty to rest his soul in eternal peace.

Acknowledgment

I take this opportunity to thank all the members, customers and well-wishers for extending unflinching support and expressing complete faith in the

management of the Bank during the year.

The Bank has been able to achieve a place of pride amongst Cooperative Banks only because of the exemplary honesty and dedication shown by the

staff. In fact, the entire staff of Bank have worked relentlessly and in harmony with the management of the Bank and, it is for this reason, that the Bank has

been able to meet with various challenges that came its way during the year. I thank all the members of Jagrut Karmachari Mandal as well as its office

bearers including their president Shri Umedbhai Jani, Secretary Shri Mansukhbhai Gajera, Prabhari Shri Jayantbhai Raval and the Executive Committee

members for their whole-hearted cooperation at all times, positive attitude and helpful stance in the administration of the Bank.

I thank the entire press and media for reporting the progress and activities of the Bank positively during the year.

I thank various Concurrent Auditors at the Branches and Statutory Auditors of the Bank for smooth conduct of audit during the year. I also thank the

Returning Officer Shri D. D. Mehta for successful and smooth conduct of the election of the delegates and directors.

I thank all the office bearers and CEO Shri J.V. Shah of Gujarat Urban Cooperative Banks Federation, Ahmedabad, Shri R.N. Joshi ,Executive Director of

Center for Banking Research, Development and Excellence (CBRDE), Suarashtra Kutch Urban Cooperative Banks Federation Rajkot and National

Federation of Urban Co-op. Banks and Credit Societies, New Delhi. My special thanks to Shri Subhash Gupta Chief Executive of National Federation

(NAFCUB) for his continued guidance and support as and when required.

I thank officers of the Board of Nominees and Arbitrator who have been helping us in credit recovery as well as the valuers and advocates who have been

constantly contributing in credit and recovery process.

I thank Shri J.K. Das Regional Director of RBI and General Manager DCBS, Ahmedabad Shri V. Ranga Rao, Deputy General Manager Shri D.K. Nalband

and Shri D.Satishkumar from RBI for their consistent support and guidance from time to time.

I am thankful to all the members, delegates, Branch Development Committee members for having shown deep interest in the working of the Bank.

We have crossed 65th milestone in our march to progress with the support of all of you. I hope that such cooperation from all of you will continue in the

years to come.

With Regards.

Nalin Vasa

Chairman

Date:29.09.2018

During the year, 31 employees have cleared JAIIB/CAIIB examination conducted by IBA.

Designation


Jr. Executive

JAIIB

20

02

CAIIB

08

01

Jr Officer

Manager

Deputy Chief Manager

4

2

1


(6)

(7)

Subject to the Approval of the General Body

P R O G R E S S AT A G L A N C E fL$d êp. lÅfdp„

Sr. No.

¾$d

Year Ending Membership Share Capital Reserve

fuTh®

Deposits

\p`Zp¡ r^fpZp¡ _ap¡ qX$rhX$ÞX$Advances Profit Dividend

hj® A„s¡ kæe k„¿ep i¡f c„X$p¡m

13.

9.

10.

2.

3.

4.

5.

6.

7.

8.

11.

12.

14.

15.

16.

17.

2017 274660 652936 4474898 43427286 22299030 600000 20%

2016 269989 716913 4388336 36430100 22103818 555000

2010

2006

2007

255130 418142 3549735 25721314 16792875 393674 20%

261273 480557 3795493 29511851 17234570 486134 20%

266495 638017 4158272 32416135 20174436 517500

2002

2003

2004

2005

2008

2009

2011

2012

2013

2014

2015

218006 195487 2512634 8640920 5049418 83555 15%

214540 76823 2252051 7117233 4853329 130931 25%

215556 87154 2454473 7981260 4215461 140078 15%

210724 76606 2091130 6842202 4926075 91211 15%

215888 92277 2567001 8371989 4289891 81272 15%

216274 98146 2630563 8554541 4309082 83115 15%

223063 184802 2617967 9839567 6293788 121700 15%

224254 257838 3171948 11416033 7604200 171860 15%

228203 295840 3176218 13441227 9136904 180288 15%

236573 333096 3259565 15830966 11121760 283246 20%

248284 300146 3318101 21327336 14940678 340623 20%

20%

20%

1.

11

Rupees in Thousands

2018 280057 512232 5852140 41275353 23563073 650000 18%


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L$pe®k|rQ : AGENDA :

01.

Body Meeting of the Bank held o n S a t u r d a y

dated 15-07-2017 as approved by the Board of

Directors.

th02. To consider discussion to confirm the 65 Annual

Report and Audit Report relating to the year st ending on 31 March, 2018 as prepared by

Board of Directors.

03. To consider discussion to confirm the Profit & stLoss Account for the year ended 31 March 2018

st and the Audited Balance Sheet as on 31 March.

2018.

04. To approve appropriation of the net Profits of the

year 2017-18 as recommended by the Board of

the Directors.

05. To appoint and fix the remuneration of statutory

auditors for the year 2018-19.

06. To take note of sale of properties made during the

year 2017-18 which came into Bank’s possession

in the course of recovery of NPAs.

07. To transact any other business with permission of

Chair.

08. To confirm the results of election of delegates as

declared by the returning officer and as noted in

the board meeting dated 26/04/2018.

09. To conduct the election of members to the Board

of Directors as per election programme and

announcement of results by the Returning officer.

To confirm the minutes of the Annual General

Rajkot,Date:- 06-09-2018

By order of the board

V.K. Sharma General Manager & C.E.O

Notice is hereby given to all the Delegates of the Rajkot

Nagarik Sahakari Bank Ltd., that the 65th Annual General

Meeting of the representative Smaller body of the

delegates of the Bank will be held on 29-09-2018 on

Saturday at "Arvindbhai Maniar Nagarik Sevalaya"

Situated at 150 Feet Ring Road, Near Raiya Circle, Rajkot

at 6-00 p.m. to transact the following business. All the

Delegates are requested to remain present.

NOTICE

12


NOTE_p¡„^

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Rajkot,Date:- 06-09 -2018

1. If any Shareholder of the Bank desires to have any

information in connection with annual accounts or

annual report, he/she may write to the General

Manager at least seven days before the date of the

Annual General Meeting.

2. If there be no quorum within half an hour, the

meeting shall stand adjourned, such adjourned

meeting, If so decided by the Chairman, will be held

at the same place and the same day with members

present, after an hour.

3. Delegates attending the Annual General Meeting

are requested to keep their Compulsory Deposit

receipt/identity card with them.

4. Dividend for the year 2017-18 on being sanctioned

at the meeting, will be paid to the members of

Rajkot city at Udyognagar Branch, Share

Department and to the members of outstation

Branches at their respective branches from Dt.16-

10-2018 on all working days.

5. Shareholders who have not collected their dividends

for the year 2014-15 and onwards should collect the

same before 31-12-2018. Unclaimed dividend will

be credited to reserve Fund as per the provisions of

bye-laws.

6. Shareholders can get a copy of the 65th Annual

Report of the Bank from Head Office or from their

respective outstation Branches on all working days

after dt. 06-09-2018

V.K. Sharma General Manager & C.E.O

bp¡X®$_p lzL$d\u By order of the Board

13


Branchwise Deposits & Advances COMPARATIVE STATEMENTipMphpf \p`Zp¡ A_¡ r^fpZp¡ syg“pÐdL$ ‘ÓL$

14

31-3-2017 31-3-2018 31-3-2017Sr. No. BRANCH NAME

31-3-2018DEPOSITS DEPOSITS ADVANCES ADVANCES

`fpbÅf ipMp

DÛp¡N_Nf ipMp

L¡$hX$phpX$u ipMp - A¡k.hu.ù. fp¡X$

S>„L$i_ àgp¡V$ ipMp

b¡X$u`fp ipMp

X$pµ. eproL$ fp¡X$ ipMp

dp¡bpBg ipMp

kp¡fW$uephpX$u ipMp

dhX$u àgp¡V$ ipMp

c|`¡ÞÖ fp¡X$ ipMp

L$pgphX$ fp¡X$ ipMp

f¥ep fp¡X$ ipMp

150 azV$ qf„N fp¡X $ipMp

1.

2. Udyognagar Branch

3. Kevdawadi Branch S. V. P. Road

4. Junction Plot Branch

5. Bedipara Branch

6. Dr. Yagnik Road Branch

7. Mobile Branch

8. Sorathiawadi Branch

9. Mavdi Plot Branch

10. Bhupendra Road Branch

11. Kalawad Road Branch

12. Raiya Road Branch

13. 150 Feet Ring Road Branch

48963564649642

23964102303288

14891681467068

12110921155627

18445151829669

20564281819592

174780179642

19225131762101

16395751669838

762637732027

16856401638981

26949452735481

179431221215

10981301191213

797885652696

405082478547

450571383143

905290735305

477508430261

22494524

707001639653

528126624704

748030812722

429036406264

7858851005017

235324256584

L$p¡W pfuep fp¡X ipMp$14. Kothriya Road Branch 016601 018744

hp„L$p_¡f ipMp15. Wankaner Branch 10729151054668 389937439301

^p¡fpÆ ipMp

D`g¡V$p ipMp

17. Dhoraji Branch

18. Upleta Branch

13403121342739

838191846914

S>¡s`yf ipMp16. Jetpur Branch 16587111614422 568223708460

286821468080

561588656987

dp¡fbu ipMp19. Morbi Branch 25075742502698 25520482595068

Parabazar Branch


15

31-3-2017 31-3-2018 31-3-2017Sr. No. BRANCH NAME

31-3-2018DEPOSITS DEPOSITS ADVANCES ADVANCES

36.

37.

Malad Branch Mumbai dgpX$ ipMp-dy„bB

Nagpur Branch

“pN‘yf ipMp

32063125047

49801110675

hfpR>p fp¡X$ ipMp-kyfs35. Varachha Road SuratBranch 285508629309

20.

21.

22.

23.

25.

26.

27.

28.

29.

30.

31.

32.

34.

33.

Padadhari Branch`X$^fu ipMp

Jasdan BranchS>iv$Z ipMp

Ahmedabad BranchAdv$phpv$$ ipMp

Bhuj BranchcyS> ipMp

Surat Branchkyfs ipMp

Kalbadevi Mumbai Branch L$pgbpv$¡hu dy„bB ipMp

MG Road Junagadh Branch A¡d.Æ. fp¡X$ S|>_pNY$ipMp

Gandhidham BranchNp„û^pd ipMp

Jamnagar BranchÅd_Nf ipMp

Halvad Branchlmhv$ ipMp

Baroda Branchbfp¡X$p ipMp

Ghatkopar Branch Mumbai^pV$L$p¡‘f ipMp dy„bB

Gandhinagar Branch

Bapunagar Branch Ahmedabad

Np„û“Nf ipMp

bp‘y“Nf ipMp-Adv$phpv$

272127243177

613527688863

10542391061436

366454375255

37757213731322

533691499049

8593791037114

819871833596

267315277588

205791188888

517648355038

115607143560

1255635630

4929493098

24. Surendranagar Branchkyf¡ÞÖ_Nf ipMp

539704621823

3942128244

105018146539

104383130216

577929561187

708979690699

25723622307603

1062346804123

18395121471738

14640441418870

701305537426

13401031383195

545305496293

920798787290

329324184611

479239512654

137700113364

4054849061

8777793287

Total Ly$g 4342728641275353 222990302356073

Branchwise Deposits & Advances COMPARATIVE STATEMENT

cph“Nf ipMp38. Bhavanagar Branch 0.0016740 0.005332

ipMphpf \p`Zp¡ A_¡ r^fpZp¡ syg“pÐdL$ ‘ÓL$


16


AUDITOR'S REPORT(As required under section 31 of Banking Regulation Act, 1949 as applicable to Co-operative Societies and section 73(4) of Multi State Co-operative Societies Act, 2002 and under Rule 27 of Multi-state Co-operative Societies Rules, 2002)

Report on the Financial Statements

We have audited the accompanying Financial Statements of RAJKOT NAGARIK SAHAKARI BANK

LIMITED having its registered office at Rajkot, which comprise the Balance Sheet as at 31 March 2018,

the Profit and Loss Account, and the cash Flow Statement for the year ended, and a summary of significant

accounting policies and other explanatory information. The returns of 8 Branches audited by D.V. Shah &

Associates, the returns of 12 Branches audited by H J P & Co, and return of 1 Branch is being jointly audited

by D.V. Shah & Associates, and H J P & Co have been incorporated in these financial statement. The Branch

audit assignments have been selected by the Bank in accordance with the guidelines issued by the Central

Registrar of Cooperative Societies with respect to size of the business and rotation. We have incorporated in

the Balance sheet and the profit and loss account the returns from 17 Branches which have not been

subjected to audit. The unaudited Branches accounts for 29.64% of advances, 34.29% of deposits, 39.60% of

interest income and 38.05% of interest expenses.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation of these Financial Statements that give a true and fair view of

the financial position, financial performance and cash flow of the Bank in accordance with provisions of the

Banking Regulation Act, 1949, the guidelines issued by the Reserve Bank of India, the Central Registrar of

Co-operative Societies, the Multi State Co-operative Societies Act, 2002, the Multi State Co-operative

Societies Rules, 2002 (as applicable) and accounting principles generally accepted in India so far applicable

to Banks. This responsibility includes the design, implementation and maintenance of internal controls

relevant to the preparation and presentation of the financial statements that are free from material

misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express an opinion on these Financial Statements based on our audit We conducted

our audit in accordance with Standards on Auditing issued by the Institute of Chartered Accountants of India.

Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain

reasonable assurance about whether the financial statements are free from material misstatements.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the

financial statements. The procedures selected depend on the auditor’s judgement, including the assessment

of the risks of material misstatement of the financial statements, whether due to fraud or error, In making

those risk assessment, the auditor considers internal control relevant to the Bank’s preparation and fair

presentation of the financial statements in order to design audit procedures that are appropriate in the

circumstances, but not for the purpose of expressing an opinion on effectiveness of the bank’s internal

control. An audit also includes evaiuating the appropriateness of accounting policies used and the

reasonableness of the accounting estimates made by management, as well as evaluating the overall

presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our

audit opinion.

17


Basis of Modified (Qualified/Adverse/Disclaimer) Opinion :-

Opinion

In our opinion and to the best of our information and according to the explanations given to us, except for the

effects of the matter described in the basis for basis for qualified opinion paragraph the aforesaid Financial

Statements which are subject to significant accounting policies and Notes on Accounts forming part of

accounts and our comments and observations on profitability and provisions and limitations on scope of audit

as per Annexure- A enclosed herewith, give the information required by Banking Regulation Act, 1949 as well

as Multi State Co-operative Societies Act, 2002 and rules made thereunder in the manner so required for the

Urban Co-operative banks and give a true and fair view in conformity with the accounting principles generally

accepted in India.

st(I) In the case of the Balance Sheet, of the state of affairs of the bank as at 31 March, 2018,

(ii) In the case of the Profit & Loss Account, of the Profit for the year ended on that date; and

(iii) In the case of Cash Flow Statement, of the cash flow for the year ended on that date

Report on Other Legal and Regulatory Requirements

The Balance Sheet and the Profit and Loss Account have been drawn up in accordance with the provisions of

section 29 of the Banking Regulation Act, 1949 and Multi State Co-operative Societies Act, 2002 and rules

made thereunder.

Subject to the limitations of the audit indicated in paragraph above and as required under section 31 of the

Banking Regulation Act, 1949, section 73(4) of Multi State Co-operative Societies Act, 2002 and rule 27(3) of

the Multi State Co-operative Societies Rules. 2002 and subject to the limitation of disclosure required therein,

We Report That

(I) We have obtained all the information and explanations which to the best of our knowledge and

belief were necessary for the purpose of our audit.

(ii) In our opinion, proper books of account as required by law have been kept by the Bank so far as

appears from our examination of those books and proper returns adequate for the purposes of our

audit have been received from the branches/offices;

(iii) The accounting standards adopted by the Bank are consistent with those laid down by accounting

principles generally accepted in India so far as applicable to Banks;

(iv) The transactions of the Bank which came to our notice have been within the powers of the Bank;

(v) In our opinion and according to information and explanation given to us, we have not noticed any

material impropriety or irregularity in the expenditure or in the realisation of money due to the bank.

(vi) The Balance Sheet and the Profit and Loss Account dealt with by this report are in agreement with

the books of account

18


Schedules forming part of Auditors report on the financials

As required under Rules 27(3) of the Multi State Co-operative Societies Rules, 2002, we report on

the matters specified in that Rule as under;-

(I) During the course of audit we have not come across any major transactions which appear to be

contrary to the provisions of the Multi State Co-operative Societies Act, 2002, the rules or the bye

laws of the Bank except observation mentioned in Schedule A.

(ii) During the course of audit we have not come across any major transactions which appears to be

contrary to the guidelines issued by the Reserve Bank of India.

(iii) Money belonging to the Bank which appears to be bad or doubtful of recovery. (Refer Schedule B to

this report);

(iv) As per information given to us and to the best of our knowledge, there are no loans given by the

Bank to the members of the Board except those permissible under RBI guidelines.

(v) During the course of our audit we have not come across violation of guidelines, condition etc.,

issued by the Reserve Bank of India except mentioned in Annexure-A enclosed herewith.

(vi) To the best of our knowledge, there are no matters that have been specified by the Central

Registrar of Cooperative Societies in this regard.

Schedule A :-

Education Fund of Rs. 115.50 lacs is provided by Bank as per Section 63(1)(b) of Multi State Co-op

Societies Act, 2002 and Rule 25 of Multi State Co-op Societies Rules, 2002 but not yet remitted to

National Cooperative Union of India Limited, New Delhi. As informed by the Bank they will remit the

same on receipt of demand by National Cooperative Union of India Limited.

Schedule B :-

The following monies due to the bank appears to be doubtful of recovery (Rule 27(3)(c) (Advances

categorized as doubtful and loss assets as per prudential norms are considered as doubtful of

recovery):

Category Amount Outstanding as on 31-03-2018 (Rs. In lacs)

Doubtful Assets

Loss Assets

Total

10602.63

912.07

11514.70

A provision of Rs. 6348.92 lacs has been made against above advances as per RBI Guidelines. However the

bank has excess provision in addition to the mandatory provision referred here.

19


DILIPKUMAR VADILAL SHAHPartnerM. No. 034294

H J P & CO.Chartered AccountantsFRN : 113456W

VIRENKUMAR LILADHAR KOTHARIPartnerM. No. 046949

D. V. SHAH & ASSOCIATES

Chartered Accountants

FRN : 109551W

Place : Rajkot

DATE : 01/09/2018

RAJKOT NAGRIK SAHAKARI BANK LIMITED - RAJKOT

ANNEXURE - A FORMING PART OF THE AUDITOR’S REPORT FOR

THE YEAR ENDING ON 31-03-2018

1. The bank is having 38 branches network as at 31.03.2018, out of which we have conducted audit in following 7

local branches and 14 outstation Branches on random check basis considering the materiality:

Local Branches: 1) Para Bazar, 2)Bedipara, 3) Kalawad Road 4) Bhupendra Road, 5)Junction Plot, 6) Raiya Road 7)

Mavdi Plot

Outstation Branches: 1) Baroda, 2) Ahmedabad (Mithakhali), 3) Ahmedabad (Bapunagar), 4) Wankaner, 5) Unjha, 6)

Jetpur, 7) Bhuj, 8) Surat (Ring Road), 9) Surat (Varachha), 10) Morbi, 11) Padadhari, 12) Jasdan, 13) Jamnagar, (14)

Gandhinagar.

In respect of branches which are not audited by us, we have totally relied upon returns of the respective

branches as on 31/03/2018 produced before us by the Bank without reviewing the same.

However we report that Bank is having its own Internal Audit Department equipped by Qualified/ Semi

Qualified/ Experienced personnel conducting Internal Audits/ Concurrent Audits of various Branches/

Departments of the Bank. In addition to this Concurrent Audit of some of the branches/ departments are being

carried out by outside Chartered Accountant firms. While framing our opinion, we have considered the system

of Concurrent/ Internal Audit as well as their report and compliance report on the record of the Bank and

representations provided to us by various departments including Internal Audit Department and officials of the

Bank.

2. Our report is based on sampling verification of ledgers/accounts, documentations and other related materials

for the year under audit.

3. TDS and other Income tax compliances including ICDS are not verified by us since it is being audited by other

CA firm which carrying out the Tax Audit as well as Compliance work related to TDS and Income tax matters.

4. Bank has made sufficient provision for Non – Performing Assets. For Doubtful advances – Category 1 bank

has made required provisioning of Rs. 434.21 lacs/-

5. During the course of our audit, 24 more accounts are required to be classified as sub-standard accounts

which the Bank has classified as the Standard Account as on 31/03/2018.

Effect of additional sub-standard classification on Profit & Loss Account of the Bank;

The overall profit of the Bank will be reduced by Rs. 1,00,56,274/- on account of Reversal of Interest Income

and also by Rs. 75,30,805/-on account of additional provision to be provided on this one sub-standard

account. So the aggregate profit of the Bank will be reduced by Rs. 1,75,87,079/-.

Effect of additional sub-standard classification on Balance Sheet of the Bank;

The provision on standard assets will be reduced by Rs. 2,38,027/- and the provision for Sub Standard

Accounts will be increased by Rs. 77,68,832/-. In case of classification of advances, the Standard Assets wil

be reduced by Rs. 8,77,44,601/- whereas the Sub-standard Assets will be increased by Rs. 7,76,88,327/-. It

will have further impact of increase in Overdue Interest Reserve as well as Interest receivable on Overdue

advance by Rs. 1,00,56,274/-.

6. During the year under review there is addition in various fixed assets on which GST is paid by the bank. The

bank claimed input credit in some of the assets available as per the GST Laws. The bank has accounted for

the input credit through Profit & Loss A/C instead of crediting the concerned asset. Due to these the fixed asset

is overstated by Rs. 36,44,813.68 and Claim of Depreciation is excess by Rs. 6,03,281. Due to the input credit

entry of capital asset is passed through P & L account profit is overstated by Rs. 36,44,813.68 and excess

provision of depreciation profit is understated by Rs. 6,03,281. The profit for the year 2017-18 is overstated by

Rs. 30,41,532.68.

7. Law Charges and other expenses are accounted on Cash Basis instead of Accrual.

sp. 31-03-2018 _p fp¡S>_y„

kfh¥ey„As on

31/03/2018As on

31/03/2017CAPITAL & LIABILITIES

BALANCE SHEETAS ON 31 MARCH 2018st

20

1 CAPITAL 1 c„X$p¡m

I AUTHORISED CAPITAL (Ar^L©$s c„X$p¡m)(3 lac Share of Rs. 10 each) 30,00,000.00 1000000000.00 1000000000.00(3 gpM i¡f v$f¡L$$ êp. 10/- _p¡)

(199.40 lac Share of Rs.50 each) 99,70,00,000.00 (199.40 gpM i¡f v$f¡L$$ êp. 50/- _p¡)

1 ,00,00,00,000.00II SUBSCRIBED CAPITAL

(cf`pB \e¡g c„X$p¡m)

(217680 Share of Rs.10 each) 2176800.00(217680 i¡f v$f¡L$ êp. 10/- _p¡)

(230981 Share of Rs.10 each) 2309810.00 (230981 i¡f v$f¡L$$ êp. 10/- _p¡)

(10201111 Share of Rs.50 each ) 510055550.00(10201111 i¡f v$f¡L$$ êp. 50/- _p¡)

(13012530 Share of Rs.50 each) 650626500.00 (13012530 i¡f v$f¡L$$ êp. 50/- _p¡)

Total Ly$g 512232350.00 652936310.00

III Amount Called up (hkyg Aph¡g c„X$p¡m)

(217680 Share of Rs.10 each) 2176800.00(217680 i¡f v$f¡L$ êp. 10/- _p¡)

(230981 of Rs.10 each 2309810.00(230981 i¡f v$f¡L$$ êp. 10/- _p¡)

(10201111 Share of Rs.50 each) 510055550.00(10201111 i¡f v$f¡L$$ êp. 50/- _p¡)

(13012530 Share of Rs.50 each) 650626500.00(13012530 i¡f v$f¡L$$ êp. 50/- _p¡)

512232350.00 652936310.00

0.00 Less : Calls unpaid 0.00

512232350.00 652936310.00

of (III) above held by D‘f“p ‘¥L$u

(a) Individuals 512232350.00 652936310.00 ìeqL$sAp¡“¡

(b) Co-operative Institutions 0.00 0.00 klL$pfu k„õ’pAp¡“¡

(c) State Govemment 0.00 0.00 fpS>e kfL$pf“¡

Total Ly$g 512232350.00 652936350.00


sp. 31-03-2018 _p fp¡S>_y„

kfh¥ey„

2 RESERVE FUND AND OTHER RESERVES2 A_pds A“¡ c„X$p¡m

1 Statutory Reserves 1443878752.46L$pev$p“ykpf A“pdsp¡

2 Agricultural Credit Stabilisation Fund 0.00L$©qj r^fpZ a„X$

3 Building Fund 245665010.00Bdpfs a„X$

4 Dividend Equalization Fund 140980001.50qX$huX$ÞX$ BL$hu. a„X

5 Bad / Doubtful Debt Reserve 739835923.25Xy$bs / iL$d„v$ g¡Zp A“pds

6 Provision For DoubtFul & Loss Account 45463000.00

Xy$bs iL$d„v$ g¡Zp kpd¡ Å¡NhpCAp¡ 7 Bddr 7.5% (Eligible amount) 207307898.00

Xy$bs iL$d„v$$ g¡Zp A_pds 7.`% (`pÓ fL$d)

8 I.D.R. Against Govt. Secu. (AFS) 22722625.99fp¡L$pZ ^kpfp A_pds kfL$pfu Ådu_Nufu (A¡. A¡a. A¡k)

9 Other Funds & Reserves 2094070736.62 1173045206.62AÞe a„X$ A_¡ A_pds

Co-op Publicity Fund 9432.82klL$pfu âQpf a„X

Jankalyan Nidhi 11642441.00S>_L$ëepZ _ur^$

Celebration Fund 2483473.63DS>hZu a„X$

General Welfare Fund 28376423.74kpdpÞe L$ëepZ _ur^

Staff Bonus Reserve 251887.00õV$pa bp¡_k A_pds

Surety Loan Benefit Fund 52612.60Å. Å gp¡_ b¡_uauV$ a„X$

Contingency Fund 50971165.73ApL[õdL$ a„X$

Special Reserve 366019260.00rhi¡j A“pds

Infrastructure Assets Rese 20% 10800000.00 10800000.00dpmMpL$ue rdëL$s A_pds _ap_p 20%

Member's Welfare Fund 4648063.60kcpkv$$ L$ëepZ _ur^

Investment Fluctuation Reserve 169000000.00fp¡L$pZ h^^V$ A_pds

1608528892.46

0.00

309165010.00

140980001.50

828998923.25

45463000.00

268711786.00

22722625.99

209432.82

8413939.00

2683473.63

28576423.74

696244.00

52637.60

51303908.73

426019260.00

402457.60

290000000.00

As on31/03/2018

As on31/03/2017CAPITAL & LIABILITIES



21

sp. 31-03-2018 _p fp¡S>_y„

kfh¥ey„As on

31/03/2018As on



Co.operative Education Fund 5012996.00 klL$pfu rinZ a„X$

Provision For Standard Assets 76790000.00õV$pÞX$X®$ A¡k¡V$k kpd¡ Å¡NhpBAp¡

Business Development Fund 10252389.50buT_¡k X¡$hgp¡`d¡ÞV$$a„X$

Provision for Education Seminar 413662.00L¡$mhZu k¡du“pf dpV¡$ Å¡NhpB

Revaluation (Assets) Reserve 436321399.00L¡$mhZu k¡du“pf dpV¡$ Å¡NhpB

Total Ly$g 2094070736.82

Total Ly$g 4018898417.823 PRINCIPAL / SUBSIDIARY STATE PARTNERSHIP FUND ACCOUNT3 dy¿e / Np¥Z fpS>e cpNuv$pfu “ur^For share capital of : “p c„X$p¡m dpV¡$

(I) Central Co-operative Bank dÂeõ’ klL$pfu b¢L$$ 0.00 0.00(ii) Primary Agricultural Credit Societies âp’rdL$ M¡su rhjeL$ klL$pfu d„X$muAp¡$ 0.00 0.00(iii) Other Societies AÞe d„X$muAp¡ 0.00 0.00

Total Ly$g 0.00 0.00

5212996.00

83900000.00

9552389.50

413662.00

1175833912.00

1173045206.62

5318640975.82

4 DEPOSIT & OTHER ACCOUNTS4 \p`Zp¡ A_¡ AÞe MpspAp¡dp„

1 Fixed Deposits 29537778698.96 31788702265.09bp„û dyv¹$s \p`Z(1) Individuals 31018611469.09 ìeqL$sAp¡(2) Central Co. Op. Banks. 0.00 0.00

dÂeõ\ klL$pfu b¡ÞL$p¡(3) Other Societies 770090796.00

AÞe d„X$muAp¡ 2 Saving Bank Deposits 10206977224.26 9873248386.20

bQs ’p‘Zp¡(1) Individuals 9 847681431.56 ìeqL$sAp¡(2) Central Co. Op. Bank. s 0.00 0.00


AÞe d„X$muAp¡ 3 Current Deposits 1530596683.86 1765335229.97

Qpgy \p`Zp¡(1) Individuals 1723573926.59

ìeqL$sAp¡(2) Central Co. Op. Bank. s 0.00 0.00


AÞe d„X$muAp¡ 4 Money At Call And Short Notice 0.00 0.00

V|„$L$u dyv¹$s A“¡ L$p¡g Mps¡ fL$dTotal Ly$g 43427285881.26

28636425733.96

901352965.00

10182050385.46

24926838.80

1478325468.77

52271215.09

41275352607.08


22

sp. 31-03-2018 _p fp¡S>_y„

kfh¥ey„As on

31/03/2018As on


5 BORROWINGS 5 L$fS>(I) From RBI (The National Bank) / State / Central Co-operative Bank Apf.bu.ApB. (fpóV²$ue b¢L$) / fpS>e / rS>ëgp L$p¡-Ap¡‘. b¢L$ ‘pk¡’u (a) Shot Term Loans, Cash Credits & Overdraft Of which secured against 0.00 0.00 V |„$L$u dyv$s“u gp¡“, fp¡L$X$ ipM A“¡ Ap¡hfX²$paV$ S>¡ ‘¥L$u “uQ¡ dyS>b“p r^fpZ kpd¡

(i) Govemment & other approved securities 0.00 0.00 kfL$pfu A“¡ AÞe dpÞe Ådu“NufuAp¡

(ii) Other tangible securities 0.00 0.00 AÞe hpõsrhL$ Ådu“NufuAp¡

(b) Medium Term Loan Of which secured against 0.00 0.00 dÂed dyv$s “u gp¡“ S>¡ ‘¥L$u “uQ¡ dyS>b“p r^fpZ kpd¡

(i) Govemment & other approved securities 0.00 0.00kfL$pfu A“¡ AÞe dpÞe Ådu“NufuAp¡

(ii) Other tangible securities 0.00 0.00 AÞe hpõsrhL$ Ådu“NufuAp

(c) Long Term Loan Of which Secured against 0.00 0.00 gp„bu dyv$s“u gp¡“ S>¡ ‘¥L$u “uQ¡ dyS>b“p r^fpZ kpd¡

(i) Govemment & other approved securities 0.00 0.00kfL$pfu A“¡ AÞe dpÞe Ådu“NufuAp¡

(ii) Other tangible securities 0.00 0.00 AÞe hpõsrhL$ Ådu“NufuAp

(ii) From State Bank of India õV¡$V$ b¢L$ Ap¡a BÞX$uep ‘pk¡’u (a) Short Term Loans, Cash Credits & Overdraft Of which secured against 0.00 0.00

V|„$L$u dyv$s“u gp¡“, fp¡L$X$ ipM A“¡ Ap¡hfX²$paV$ S>¡ ‘¥L$u “uQ¡ dyS>b“p r^fpZ kpd¡ (i) Govemment & other approved securities 0.00 0.00

kfL$pfu A“¡ AÞe dpÞe Ådu“NufuAp¡ (ii) Other tangible securities 0.00 0.00

AÞe hpõsrhL$ Ådu“NufuAp¡ (b) Medium Term Loan Of which secured against 0.00 0.00

dÂed dyv$s “u gp¡“ S>¡ ‘¥L$u “uQ¡ dyS>b“p r^fpZ kpd¡ (i) Govemment & other approved securities 0.00 0.00


AÞe hpõsrhL$ Ådu“NufuAp (c) Long Term Loan Of which Secured against 0.00 0.00

gp„bu dyv$s“u gp¡“ S>¡ ‘¥L$u “uQ¡ dyS>b“p r^fpZ kpd¡ (i) Govemment & other approved securities 0.00 0.00


AÞe hpõsrhL$ Ådu“NufuAp(iii) From State Govemment fpS>e kfL$pf ‘pk¡’u (a) Short Term Loans, Of which secured against 0.00 0.00

V|„$L$u dyv$s“u gp¡“, S>¡ ‘¥L$u “uQ¡ dyS>b“p r^fpZ kpd¡ (i) Govemment & other approved securities 0.00 0.00


AÞe hpõsrhL$ Ådu“NufuAp¡ (b) Medium Term Loan Of which secured against 0.00 0.00

dÂed dyv$s “u gp¡“ S>¡ ‘¥L$u “uQ¡ dyS>b“p r^fpZ kpd¡ (i) Govemment & other approved securities 0.00 0.00


AÞe hpõsrhL$ Ådu“NufuAp (c) Long Term Loan Of which Secured against 0.00 0.00

gp„bu dyv$s“u gp¡“ S>¡ ‘¥L$u “uQ¡ dyS>b“p r^fpZ kpd¡ (i) Govemment & other approved securities 0.00 0.00


AÞe hpõsrhL$ Ådu“NufuAp



23

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âp¡huX$ÞX$ a„X$“u Å¡NhpB - A¡d. Æ. fp¡X$

(iv) Loans from other sources AÞe kp^“p¡’u gu^¡g gp¡“ (a) Short Term Loans, Cash Credits & Overdraft 0.00

V|„$L$u dyv$s“u gp¡“, fp¡L$X$ ipM A“¡ Ap¡hfX²$paV$ S>¡ ‘¥L$u “uQ¡ dyS>b“p r^fpZ kpd¡ (b) Refinance NHB Housing A¡“. A¡Q. bu. lpDk]N fuapC“pÞk 39302000.00

(c) Borrowing From CCIL ku.ku.ApB.A¡g. L$S>® 0.00 0.00

Total Ly$g 39302000.00

0.00

19534000.00

19534000.00

6 BILLS FOR COLLECTION BEING BILLS RECEIVABLE (as per contra) 10719417.12buëk ap¡f L$g¡L$i“ (kpdu bpSy> rbëk ap¡f fukuh¡bg)

7 BRANCH ADJUSTMENTS 2004951.15ipMp“p lhpgp

8 OVERDUE INTEREST RESERVE 17740137819.12dyv$s rhs¡gp ìepS>“u A“pds

9 INTEREST PAYABLE 443366288.22Q|L$hhp‘pÓ ìepS>

10 OTHER LIABILITIES 560621887.30AÞe S>hpbv$pfuAp¡

(a) Bills Payable 122630391.50 QyL$hhp‘pÓ bugp¡

(b) Unclaimed Dividend 76068879.00 hZQyL$hpe¡g X$uhuX$ÞX$

(c) Sundry ‘fQyfZ 69550027.37

(d) Income tax Payable prov. 240065477.32 QyL$hhp‘pÓ AphL$h¡fp âp¡huT“

(e) Deferred Tax Liability 3670090.00 X$ua¡fV¡$n“u S>hpbv$pfu

(f) Staff Bonus Payable 1517754.00 QyL$hhp‘pÓ õV$pa bp¡“k

(g) National Union Edu. cess 5550000.00 fpóV²$ue i¥nrZL$ k„^

(h) Staff Insentive L$d®Qpfu âp¡Ðkpl“ 1564405.00

(I) Leave Encashment reserve 8615666.00 fÅAp¡“p fp¡L$X$ ê‘p„sf“u Å¡NhpB

(j) Staff Benefit Fund 15000651.11 õV$pa b¡“uauV$ a„X$

(k) Prov. for Staff Salary 71546.00 L$d®Qpfu ‘Npf“p saphs A¡fuek®

(l) Prov. for Gratuity 0.00 L$d®Qpfu N°¡ÃeyV$u dpV¡$“u Å¡NhpB

(m) Prov. for PF-M. G. Road 1655000.00

(n) Prov. for Service tax 4910000.00 krh®k V¡$n“u Å¡NhpB

(o) Prov. for other Asset(liab) 9752000.00 AÞe rdëL$s“u S>hpbv$pfu“u Å¡NhpB

Total Ly$g

4348386.13

2579297.18

20246040241.91

646200771.48

802372755.54

87515886.63

55971134.00

56524399.71

527883477.32

3670090.00

1200000.00

11550000.00

1564405.00

10115666.00

15000293.58

71546.00

15000000.00

1655000.00

4910000.00

9740857.30

802372755.54 560621887.30


24

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11 PROFIT & LOSS “ap A“¡ “yL$ip“

Profit / Loss as per last Balance sheet (A) 555000000.00Nshj®“p / kfh¥ep âdpZ¡ “ap / “yL$ip“

Less : Appropriations (B) 555000000.00- apmhZu

Add : Profit for the year brought from the

Profit & Loss Account © 600000000.00 + Qpgy hj®“p “ap-“yL$ip“ ‘ÓL$ Mps¡’u gph¡g “ap¡

Profit / Loss Account (A-B+C) 600000000.00“ap A“¡ “yL$kp“

Grand Total N°pÞX$ V$p¡V$g 67495272971.99

CONTINGENT LIABILITIES ApL$rõdL$ S>hpbv$pfuAp¡

(a) Outstanding liabilities for Guarantees issued 463443877.00 N¡f„V$uAp¡ kpd¡

(b) Others AÞep¡

(i) Letter of Credit Issued on behalf of Clients 1252000.00 A¡g. ku. kpd¡

(ii) DEAF Scheme with RBI 109221082.50 Apf.bu.ApB“u. X¡$a ep¡S>“p

Total Ly$g 573916959.50

600000000.00

600000000.00

650000000.00

650000000.00

69477301385.14

436967140.00

1252000.00

117235535.49

555454675.49

Notes on Accounts are forming part of Accounts

As per our report of even date

For, D.V. SHAH & ASSOCIATES


FRN : 109551W

DILIPKUMAR VADILAL SHAH

Partner

M. No. 034294

Place : Rajkot

Date : 01-09-2018

For, H.J.P. & Co.


FRN : 113456W

VIREN L. KOTHARI

Partner

M. No. 046949


25

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31/03/2017PROPERTY & ASSETS


1. CASH (fp¡L$X$)

In hand and with RBI (National Bank), State Bank Of India, State. 2822099385.41

Co-Op Bank and Central Co-Op. Bank lp’ D‘f A“¡ Apf.bu.ApB (fpóV²$ue b¢L$), õV¡$V$ b¢L$ C[ÞX$ep, fpS>e klL$pfu b¢L$, dÂeõ’ klL$pfu b¢L$dp„ ‘|fp„s

2. BALANCE WITH OTHER BANKS (AÞe b¢L$dp„ ‘yfp„s)

(1) Current Account (Qpgy Mpspdp„) 54670422.93

(2) Saving Bank Deposit a/c. (bQs Mpspdp„) 0.00 0.00

(3) Fixed Deposit a/c. (bp„û dyv¹$s Mpspdp„)

(i) Fixed Deposit with Banks (b¡ÞL$p¡dp„ bp„û dyv¹$s ’p‘Z) 2383500000.00

(ii) Certificate of Deposits with Banks (b¡ÞL$p¡dp„ ’p‘Z âdpZ ‘Ó) 0.00 0.00

Total Ly$g 2438170422.93

3. MONEY AT CALL & SHORT NOTICE (V|„$L$u dyv¹$s A“¡ L$p¡g Mps¡ fL$d) 1700000000.00

4. INVESTMENTS (fp¡L$pZp¡)

(i) In Central & State Govt. Securities At Book Value 15988419354.00(L¡$ÞÖ A“¡ fpS>e kfL$pf“u Ådu“NufuAp¡dp„ Mfuv$ qL„$ds)

Face Value (v$pi®“uL$ qL„$ds) 1 5 6 39970000.00

Market Value (bÅf qL„$ds) 1 5 8 70130990.00

(ii) Other Trustee Securities (AÞe V²$õV$u Ådu“NufuAp¡dp„) 0.00

(iii) Shares in Co-Op. Institutions other than in item (5) 12651050.00(klL$pfu k„õ’p“p i¡fp¡dp„) rdgL$s A“¡ g¡Zp“u qhNs “„. 5 rkhpe“p

(iv) Other investments (to be specified) 2044378500.00(AÞe fp¡L$pZp¡ (r“qv$®óV$ L$ep® dyS>b)

A. Debn. And Bonds $qX$b¢Qf A“¡ bp¡ÞX$dp„ 1944378500.00 8.60% Power fin corp (‘u. A¡a. ku.) 25000000.00 9.75% South IND Bank (A¡k. ApB. bu.) 50000000.00 10.24% L&T Fina. (A¡g. A¡ÞX$. V$u. ape“pÞk) 7026000.00 9.65% Yes Bank (ek b¢L$) 39940000.00 8.65% IDFC (ApB.X$u.A¡a. ku.) 50000000.00 8.80% IDFC (ApB.X$u.A¡a.ku.) 50000000.00 9.50% YES Bank (ek b¢L$) 20000000.00 9% Lic Housing Finance 20000000.00 (A¡g.ApB.ku. lpDk]N ape“pÞk)

10.30% Yes Bank (ek b¢L$) 10000000.00

10.25% REL Gas Infra. 51677500.00 (fugpeÞk N¡k BÞa²p)

7.28% NTPC Tax Free Bond 14990000.00 (A¡“.V$u.‘u.ku. V¡$L$k a²u bp¡ÞX$)

7.49% IREDA Tax Free Bond 27248000.00 (ApB.Apf.B.X$u.A¡ V¡$L$k a²u bp¡ÞX$)

2029737665.14

17841313.79

4666300000.00

4684141313.79

3350000000.00

10137452519.00

9809970000.00

9822478210.00

0.00

12651050.00

1985113750.00

1335113750.00

25000000.00

50000000.00

7026000.00

39940000.00

50000000.00

50000000.00

20000000.00

20000000.00

10000000.00

51677500.00

5.25% NHAI Tax Bond 2020 5000000.00 0.00(A¡“.A¡Q.A¡.ApB. V¡$L$k bp¡ÞX$ 2020)

14990000.00

27248000.00


26

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7.07% HUDCO Tax Free Bond 200100000.00 200100000.00 (lºX$L$p¡ V¡$¼k a²u bp¡ÞX$$)

7.28% NHAI Tax Free Bond 344757400.00 344757400.00 (A¡“.A¡Q.A¡.ApB. V¡$¼k a²u bp¡ÞX$$)

8.66% NTPC Tax Free Bond 57341500.00 345009000.00 (A¡“.V$u.‘u.ku. V¡$¼k a²u bp¡ÞX$$)

8.72% Cochin Shipyard Tax Bond 60540000.00 0.00 (L$p¡Qu“ iu‘epX®$ V¡$n äu bp¡ÞX$)

7.35% IRFC Tax Free Bond 37621000.00 37621000.00 (ApB.Apf.A¡a.ku. V¡$¼k a²u bp¡ÞX$$)

7.35% PFC Tax Free Bond 0.00 101770000.00 (‘u.A¡a.ku. V¡$¼k a²u bp¡ÞX$$)

7.09% REC Tax Free Bond 80152000.00 80152000.00 (Apf.B.ku-V¡$¼k a²u bp¡ÞX$$)


8.39% IFCI Tax Free Bond 51659750.00 51659750.00 (ApB.A¡a.ku.ApB V¡$¼k a²u bp¡ÞX$$)

7.28% IRFC Tax Free Bond 21140000.00 21140000.00 (ApB.Apf.A¡a.ku. V¡$¼k a²u bp¡ÞX$$)

8.67% NHPC Tax Free Bond 0.00 285367250.00 (A¡“.A¡Q.‘u.ku. V¡$¼k a²u bp¡ÞX$$)


B. Unit of Mutual Fund (eyr“V$ Ap¡a çeyÃeyg a„X$) 650000000.00 100000000.00 Reliance Regular Savings Fund - Debt 100000000.00 100000000.00

(qfgpeÞk f¡Áeygf k¢rhÁTk a„X$ X¡$åV$)

Birla Sunlife Corporate Bond Fund 50000000.00 0.00 (bufgp k“gpBa L$p£‘p¡f¡V$f bp¡ÞX$ a„X$$)

Franklin India Short Term Income Plain 100000000.00 0 .00(a¡ÞL$guN ip¡V®$ V$d® BÞL$d àgp“)

Reliance Quarterly Interval Fund 250000000.00 0 .00(qfgpeÞk qÓdpkuL$ BÞV$fhg a„X$$)

Axis Regular Savings Fund 150000000.00 0 .00(A¡¼kuk f¡Áeygf k¡rhÁk a„X$)

C. CBLO Lending (ku.bu.A¡g.Ap¡.) 0.00 0.00

D. Commercial Paper (L$p¡di}eg ‘¡‘f) 0.00 0.00

Total Ly$g 12135217319.00 18045448904.00

5. Investments out of the Principal Subsidiary State Partnership funds 0.00 0.00 in shares of

(dy¿e Np¥Z fpS>e cpNuv$pfu a„X$dp„ fp¡L$pZ)

(I) Central Co-Op. Bank in Shares of (dÂeõ’ klL$pfu b¢L $ ) 0.00 0.00

(ii) Primary Agricultural credit Societies 0.00 0.00 (âp’rdL$ M¡su rhjeL$ ifpau d„X$muAp¡$)

(iii) Other Societies (AÞe d„X$muAp¡$) 0.00 0.00

Total Ly$g 0.00 0.0 0


27

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6 ADVANCES

(i) Short Term Loans, Cash Credit, Overdraft & Bills 10105147413.36

Discounted of Which Secured Against

(V|„$L$u dyv$s“u fp¡L$X$ ipM, Ap¡hfX²$paV$ A“¡ hV$ph¡gp„ rbgp¡ ‘¥L$u rkL$eyfuV$u kpd¡$$)

(a) Goverment & Other approved Securities

(kfL$pfu A“¡ AÞe dpÞe Ådu“NufuAp¡“p spfpZ kpd¡)

(b) Other tangible Securities

(AÞe hpõsrhL$ Ådu“Nufu“p spfZ kpd¡)

(1) of the advances amount due from individuals 10105147413.36

(ìeqL$sAp¡ ‘pk¡)

(2) of the advances, amount overdue 274326083.59

(dyv$s rhs¡g fL$d)

(3) considered bad and doubtful of recovery 1107744683.57

(A„v$pS>¡gy Xy$bs A“¡ iL$d„v$ g¡Ï„)

(ii) Medium Term Lerm Loans of which Secured Against 5397191799.80





(1) of the advances amount due from individuals 5397191799.80


(2) of the advances, amount overdue 443842.20

(dyv$s rhs¡g fL$d)

(3) considered bad and doubtful of recovery 145896616.76


(iii) Long Term Loans of which Secured Against 6796690740.74





(1) of the advances amount due from individual 6796690740.74


(2) of the advances, amount overdue 4186478.74 (dyv$s rhs¡g fL$d)

(3) considered bad and doubtful of recovery 272537663.09 (A„v$pS>¡gy Xy$bs A“¡ iL$d„v$ g¡Ï„)

Total Ly$g 22299029953.90

10351504037.48

10351504037.48

1354521775.41 1

1114935024.20

6282994380.71

6282994380.71

34457788.50

145870422.76

6928574576.14

6928574576.14

30290950.19

290766235.20

23563072994.33


28

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31/03/2018As on


For Rajkot Nagarik Sahakari Bank Ltd.

Vinod SharmaChief Executive Officer

Nalin VasaChairman

Tapubhai LimbasiaVice Chairman


7. INTEREST RECEIVABLE dmhp‘pÓ ìepS> 17740137819.12

of which overdue (s¡ ‘¥L$u dyv¹$s rhs¡g) 17365663093.44

considered bad & doubtful of recovery 1 7740137819.12


8. BILLS RECEIVABLE BEING BILLS FOR COLLECTION AS PER CONTRA 10719417.12

rbëk fukuh¡bg (kpdu bpSy> rbëk ap¡f L$g¡L$i“)

9. BRANCH ADJUSTMENTS ipMp“p lhpgp> 0.00 0.00

10. PREMISES LESS DEPRECIATION õ’phf rdëL$s (Okpfp bpv$) 1369492995.00

11. FURNITURE & FIXTURES LESS DEPRECIATION 243344858.00

ar“®Qf A“¡ qaL$Qk® Okpfp bpv$

12. OTHER ASSETS AÞe rdëL$sp¡

(i) Interest accrued on Investments fp¡L$pZp¡“y„ ìepS> 283222231.00

(ii) Tax Paid in Advance Tax ANpD’u cf¡g h¡fp 496008795.78

(iii) Stationery and Stamps õV¡$i“fu A“¡ õV¡$ç‘ 5363600.00

(v) Others @ 42234589.73

Sundries (‘fQyfZ) 40682989.73

Service Tax Adv. Ag. Demand 1000000.00

(ANpD’u cf¡g krh®k h¡fp)

Depo. Process. Fees Refund claim 51600.00

(âp¡k¡k]N au“u X$u‘p¡TuV L$g¡Bd$)

Cersai Fee Advance (ANpD’u cf¡g kfkpB au) 500000.00

Total Ly$g 42234589.73

Total Ly$g 826829216.51

13. NON-BANKING ASSETS ACQUIRED IN SATISFACTION OF CLAIMS 0.00 0.00 k¡hpAp¡ ‘¡V¡$ âpá L$f¡g “p¡“ b¡[ÞL„$N AL$õedpsp¡

14. PROFIT AND LOSS “ap A“¡ “yL$kp“ Mpsy 0.00 0.00

Grand Total Ly$g 69477301385.14 67495272971.99

20246040241.91

18431807785.22

20246040241.91

4348386.13

2096493318.00

240124511.00

330768332.00

751667538.83

12870224.00

32819541.01

31267941.01

1000000.00

51600.00

500000.00

32819541.01

1128125635.84


29

1 Interest on Deposits, Borrowings, etc. 2968052658.85’p‘Z A“¡ L$fS> D‘f ìepS>

2 Salaries, Allowances and Provident Fund 321884627.00õV$pa ‘Npf A¡gphÞk A“¡ âp¡huX$ÞV$ a„X$

3 Director's and Local Committee Members Fees & Allowances 11755.00qX$f¡L$V$f A“¡ õ’pr“L$ L$duV$u kæep¡“u au A“¡ cÕ’pAp¡

4 Rent, Taxes, Insurance, Lightings, etc 81403629.64cpX$p, V¡$L$k, rhdp MQ® A“¡ Bg¡L$V²$uL$ rbg

5 Law Charges 8954831.00L$pev$pL$ue QpÆ®k

6 Postage Telegrams & Telephone Charges 9324652.95V$‘pg - spf A“¡ V¡$guap¡“ QpÆ®k

7 Auditors Fees 4888865.00Ap¡qX$V$fp¡“u au

8 Depreciation on and Repairs in Property 116871483.88b¢L$“u rdgL$sp¡ ‘f ^kpfp¡ A“¡ kdpfL$pd

9 Stationary Printing & Advertisement, etc 17746441.36õV¡$i“fu râÞV$]N A“¡ Ål¡fps rhN¡f¡

10 Loss from sale of or Dealing with Non-Banking Assets 0.00 0.00“p¡“ b¡[ÞL„$N rdëL$sp¡ h¡Qpsp ’e¡g “yL$ip“

11 Other Expenditure 101104540.52AÞe MQ®

12 Provisions and Contingencies (Å¡NhpBAp¡ A“¡ ApL$[õdL$ S>hpbv$pfuAp¡) 364399267.08

1. Staff Bonus Payable 1400000.00 õV$pa bp¡“k ‘¡e¡bg

2. Staff Benefit Fund 4152286.73 õV$pa b¡r“auV$ a„X$

3. Income Tax Payable Prov. 90000000.00 Q|L$hhp ‘pÓ AphL$h¡fp“u Å¡NhpB

4. Bad/Doubtful Debt Reserve 189969000.00 Xy$bs / iL$d„v$ g¡Zp A“pds

5. Investment Depreciation Reserve 17916250.00 fp¡L$pZ ^kpfp A“pds

6. Provision for Standard Assets 4500000.00 õV$pÞX$X®$ A¡k¡V$k“u kpd¡ Å¡NhpBAp¡

7. Prov. for Gratuity 0.00 N°¡ÃeyBV$u dpV¡$“u Å¡NhpB

8. SGL Amortisation of HTM INVT. 29061730.35 fp¡L$pZp¡“p ‘y“:dyëep„L$“’u ’e¡g Mp¡V

2801455463.98

332151374.00

21292.00

89570156.75

8068154.28

9152900.17

5260864.00

133076586.01

21851536.72

112186372.53

481899734.47

1200000

4900111.47

287818000

69163000

0.00

7110000

15000000

25304735

As on31/03/2018

As on31/03/2017EXPENDITURE

sp. 31-03-2018_p fp¡S> ‘yfp ’sp„ hj®“y„

_ap-_yL$ip_ Mpsy„PROFIT & LOSS ACCOUNTFOR THE YEAR ENDED 31 MARCH 2018st


30

As on31/03/2018

As on31/03/2017EXPENDITURE

sp. 31-03-2018_p fp¡S> ‘yfp ’sp„ hj®“y„


Notes on Accounts are forming part of Accounts


Place : Rajkot

Date : 01-09-2018


Partner

M. No. 034294

For, D.V. SHAH & ASSOCIATES


FRN : 109551W

9. Leave Encashment Reserve 8500000.00

guh A¡“L¡$id¡ÞV$ A“pds

10. Bddr 7.5%(eligible Of Net Prof 18900000.00

Xy$bs iL$d„v$ g¡Zp A“pds 7.5% (‘pÓ fL$d)$

Total Ly$g 364399267.08

13. Balance of Profit Carried to Balance Sheet 600000000.00 “ap“u fL$d kfh¥epdp„ gB Nep.

Total Ly$g 4594642752.28

10000000

61403888

481899734.47

650000000.00

4644694434.91

For, H.J.P. & Co.


FRN : 113456W

VIREN L. KOTHARI

Partner

M. No. 046949


31

As on31/03/2018

As on31/03/2017INCOME

sp. 31-03-2018_p fp¡S> ‘yfp ’sp„ hj®“y„


For Rajkot Nagarik Sahakari Bank Ltd.

Vinod SharmaChief Executive Officer

Nalin VasaChairman

Tapubhai LimbasiaVice Chairman

1 Interest & Discount 4071534794.41(ìepS> A“¡ hV$ph)

2 Commission, Exchange & Brokerage 63705393.13L$dui“, rhr“de A“¡ v$gpgu$

3 Subsidies & Donations 0.00 0.00kbkuX$u A“¡ X$p¡“¡i“$

4 Income from Non-Banking Assets and Profit from 0.00 0.00

Sale of or Dealing with such Assets“p¡“ b¡[ÞL„$N rdëL$sp¡“y„ h¡QpZ ANf l¡fa¡f’u ’e¡g AphL$

5 Other Receipts 459402564.74AÞe AphL$$

6 Loss (if Any) 0.00 0.00“yL$ip“ (Å¡ lp¡esp¡)

Total Ly$g 4594642752.28

4024171790.68

85114489.75

535408154.48

4644694434.91


32

SIGNIFICANT ACCOUNTING POLICIES

Sr. No. Category of standard Asset Rate of

Provisioning

1

2

3

4

Commercial Real Estate (CRE) Sector

CRE-Residential Housing (CRE-RH) Sector

All other loans and advances not included in (1),(2) and (3) above

0.25%

1.00%

0.75%

0.40%

(1) Accounting Convention

(2) Investments

2.1

2.2 In respect of securities included in any of the above three categories where interest / principal is in arrears for more

than 90 days, income is not recognized, as per prudential norms as per Reserve Bank of India Master Circular No.

DCBR. BPD (PCB).MC.No.12/09.14.000/2015-16 dated July 1, 2015. During the year there is no interest/principal is

in arrears for more than 90 days.

2.3 The Valuation of Investments is done in accordance with the guidelines issued by Reserve Bank of India Master

Circular No. DCBR. BPD (PCB).MC.No. 4/16.20.000/2015-16 dated July 1, 2015.

(1) Investments under “Held Till Maturity” category are carried at Acquisition cost and the premium paid has

been amortised through remaining period of maturity.

(2) Investments under “Available for Sale” category are being marked to market on individual script basis once in

a year i.e. on balance sheet date. Net depreciation in values is being fully provided for, whereas net

appreciation is being ignored. The book value of individual security does not undergo any change on

Revaluation. The Rates for valuation of above investments are based on rates put by Financial Benchmark

India Pvt. Ltd. on last working day of the financial year 2017-18.

(3) No investments were held under “Held for Trading” category during the year.

(3) Advances

3.1 Advances are classified as performing and non-performing assets and provisions are made in accordance with the

prudential norms prescribed by Reserve Bank of India. (RBI Master Circular No.DCBR.BPD. (PCB) MC No.12

/09.14.000/2015-16 dated July 1, 2015and DBR No BP BC 37/21.04.048/2016-17 dated November 21, 2016)

3.2 Advances are stated net of Interest Receivable on Non Performing Advances.

3.3 Provision for Standard Assets has been made as per (RBI Master Circular No.DCBR.BPD. (PCB) MC No.12

/09.14.000/2015-16 dated July 1, 2015) .

The financial statements have been prepared in accordance with Section 29 of Banking Regulation Act 1949 as

applicable to Cooperative Societies.

The financial statements are prepared under the historical cost convention and confirm to the statutory provision &

prevailing practices, except as otherwise stated.

Classification of investments is made as per the guidelines of Reserve Bank of India. The entire investment portfolio of

the Bank is classified under three categories viz. “Held Till Maturity”, “Held for trading” and “Available for Sale” as

shown under notes forming parts of accounts. For the purpose of Balance Sheet the investments have been classified

in the following four categories viz.

(a) Government Securities

(b) Other approved securities

(c) Shares in Co.Op. institutions

(d) Other Investments

Direct advances to and SME sectorsAgriculture


33

SIGNIFICANT ACCOUNTING POLICIESSIGNIFICANT ACCOUNTING POLICIES Continue....

Depreciation is calculated on W.D.V. method for all the above items except in respect of item no. 3 (Computer Systems) on which it is calculated on Straight-line method as per instructions contained in RBI Circular no. UBD.BPD.CIR.7-09-50-00/2003-04 dated August 5, 2003.Depreciation is provided for half year on assets sold or written off if used for more than 180 days. In other cases no depreciation is provided on assets sold or written off. On addition, it is provided for full year if it is used for more than 180 days, in other cases it is provided for half year. The depreciation is calculated on individual assets if the W.D.V. of particular asset is more than Rs. 100/-.

Net profit is arrived at after “provisions and contingencies” which includes(8) Provision for contingencies

(1) Provision for Staff Bonus Payable(2) Provision for Staff Benefit Fund(3) Provision for Income-tax(4) Provision for Bad/doubtful Debt Reserve(5) Provision for Standard Assets(6) Provision for Gratuity(7) Amortization of HTM Investment(8) Provision for Staff Leave Encashment(9) BDDR 7.5% of Net Profit

(5) Revenue Recognition5.1 Income

All revenues are accounted for on accrual basis. However, considering the nature of transactions, smallness of amounts, uncertainties involved and consistent practice, Locker rent including Advance Locker rent, Commission on Bank Guarantee/LC, Interest on overdue bills, Demat AMC charges - allied charges in Demat account and interest income on Non Performing Assets are recognized on Cash basis.

5.2 ExpenditureAll the expenses except as otherwise stated are accounted for on accrual basis. However, considering the nature of transactions, smallness of amounts, uncertainties involved and consistent practice: 1.Interest on Overdue Deposits is accounted on accrual basis as per saving rate of interest at the time of renewal.2. Law charges, and miscellaneous expenses are accounted for on payment basis.

(6) Retirement BenefitsThe Bank has taken group gratuity insurance with the Life Insurance Corporation of India, Bajaj Allianz Life Insurance Co. Ltd. and Birla Sun Life Insurance for payment of retirement gratuity as well as Leave Encashment under the group gratuity scheme.

(7) DepreciationDepreciation is charged consistently as per the rates decided by the Bank on various assets as under;

1 Building 5%

2 Air Conditioner 15%

3 Computer systems 33.33%

4 Motor vehicles (Including Mobile Van) 20%

5 Lockers 10%

6 Furniture 10%

7 Electric items 20%

8 Cycles 25%

(4) Fixed Assets

4.1 The fixed assets of the Bank include freehold & Leasehold properties. Land and building are stated at cost except wherever revalued. Other Fixed Assets are stated at historical cost except wherever revalued.

4.2 Cost comprised of acquisition costs duties, taxes, other than those refundable from respective authorities and expenses incurred to bring the assets to its working condition. Any addition or improvement thereto is added to its cost if it increases future economic benefits from previously assessed standard of performance of respective assets.

4.3 Leasehold property of Kalbadevi Branch, Mumbai has been amortised over a period of 20 years beginning from F.Y. 2010-11 and accordingly 5% depreciation provided.


34

SIGNIFICANT ACCOUNTING POLICIES Continue....

(9) APPROPRIATION OF NET PROFITNet profit is proposed to be appropriated as under subject to approval of Annual General Body Meeting.

Particulars AmountsNo.

1% of the Net Profit transferred towards contribution to Co-operative Education Fund maintain by National Co-operative Union of India Ltd., New Delhi in terms of Section 63(1)(b) of the Act. [As per Bye-Laws No.39 (a) (ii)]

2.

Not less than 10% of the Net Profit transferred to a reserve fund for meeting unforeseen losses in terms of Section 63(1)(c)[As per Bye-Laws No.39(a)(iii)]

3.

An amount for the payment of Dividend to members @18% as recommended by the Board in terms of Section 63(2)(a) of the Act subject to the approval by the Annual General Body Meeting.[As per Bye-Laws No.39(a)(v)]

4.

Provision for Bad/Doubtful Debt Reserve [As per Bye-Laws No.39(a)(vii)]5.

7. Building Fund[As per Bye-Laws No.39(a)(vii)]

8. Business Development Fund [As per Bye-Laws No.39(a)(vii)]

10.

An amount of 20% towards the Member Welfare Fund [As per Bye-Laws No.39(b)(iii)]11.

An amount of 20% towards the celebration Fund for emergent event and occasions in future. [As per Bye-Laws No.39(b)(v)]13.

An amount of 20% towards the Co-operative Publicity Fund [As per Bye-Laws No.39(b)(iv)]12.

Total

Following amounts transferred to Contingency Fund in terms of Section 63(2)(d) of the Acta.

b.

for the payment of Ex-gratia amount to employees as decided by the Board [As per Bye-Laws No.39(a)(vi)]for the other contingency [As per Bye-Laws No.39(a)(vii)]

6.

1.25% of the Net profit transferred to the Reserve Fund in terms of Section 63(1)(a) of Multi State Cooperative Society Act 2002[As per Bye-Laws No.39(a)(i)


16,25,00,000.00

65,00,000.00

6,50,00,000.00

11,00,00,000.00

12,00,00,000.00

5,00,00,000.00

7,00,00,000.00

2,00,000.00

2,00,000.00

2,00,000.00

65,00,00,000.00

4,00.00,000.00

2,50,00,000.00

(After distribution of Net Profit as per Act Sr. No. 1 to 8 on remaining amount of (Rs. 65,00,00,000 - Rs. 64,90,00,000 ) = Rs. 10,00,000

An amount of 20% towards the General welfare fund [As per Bye-Laws No.39(b)(ii)]

An amount of 20% towards the Co-operative Education Fund in accordance with section 27 of the Act. [As per Bye-Laws No.39(b)(i)] 9.

2,00,000.00

2,00,000.00

35

NOTES FORMING PART OF ACCOUNTS

The Bank continues to be reqistered under Multi-State Co-op Societies Act 1984 (as amended from time to time) since 17/01/2001 on obtaining such registration. The Bank is having 2,80,057 shareholders as on 31-03-2018. Further no shareholder is holding more than 2.5% of the total shareholding of the bank(1) Previous Year’s figures are regrouped and rearranged wherever necessary in the financial statements. While framing our audit report, we have considered the events occurring after Balance Sheet date as per the generally accepted accounting principles.


(2) Investments2.1 PATTERN:

(I) The total investments of the bank including SLR, Non-SLR Bonds and Other Investment as on 31.03.18 are Rs. 2015.16 Cr.

(a) SLRTotal Investment of SLR securities is Rs 886.74 Cr and the pattern of SLR Investment is as under.

Category

AFS

HTM

HFT

Total

Central Govt.Sec. Rs.

99576250.00

6124272569.00

6223848819.00

0.00

State Govt.Sec. Rs.

2003478750.00

2003478750.00

0.00

0.00

Treasury Bills(Central Govt.) Rs.

640124950.00

640124950.00

0.00

0.00

Total Rs.

2743179950.00

8867452519.00

6124272569.00

0.00

(b) Non-SLR BondsThe c lass i f i ca t ion and accoun t ing have been done as per the RBI Mas te r c i r cu la r No.DCBR.BPD.(PCB).MC.No.4/16.20.000/2015-16 dated July 1, 2015. Accordingly the pattern of Non-SLR Securities stands as under.

Category Non SLR Bonds Rs.

Shares of Co-op. Banks

HTM

HFT

Total

1335113750.00

0.00

0.00

1335113750.00

0.00

12651050.00

0.00

12651050.00

Total Rs.

1985113750.00

12651050.00

0.00

1997764800.00

Debt MutualFunds

650000000.00

650000000.00

0.00

0.00

AFS

(ii) No securities are held under Held For Trading Category.

(c) Other Investments :

FD With Banks 4666300000.00

Call Money Investments 3350000000.00

Lending under RBI LAF Reverse Repo 1270000000.00

Total 9286300000.00

2.2 Investment Fluctuation Reserve:Investment held under Available For Sale category as on 31.03.2018 stood at Rs. 472.83 Crores. The balance in Investment Fluctuation Reserve was Rs.29.00 Crores as on 31.03.18 which was more than Rs.23.64 Crores required to be maintained as 5% of total AFS portfolio as on 31.03.18. The balance of Rs.29.00 Crores lying under Investment Fluctuation Reserve works out to be 6.13% of the Investment held under Available for Sale Category as on 31.03.18.

2.3 Investment Depreciation Reserve:The Investment Depreciation Reserve (IDR) required to be maintained as on 31.03.18 at Rs. 1.73 Cr as against the balance of Rs. 2.27 Cr lying under IDR as on 31.03.18 hence no further provision towards IDR was required as on 31.03.18. The securities under Available For Sale are Marked to Market and the balance lying under Investment Depreciation Reserve are as under:

36

NOTES FORMING PART OF ACCOUNTS Continue....


Depreciation in InvestmentsBalance as on 31.03.2017 Rs. 2.27

Add : Created during the year 2017-2018 Rs. 0.00

Balance as on 31.03.2018 Rs. 2.27

(Amt. in Crores)

(3) NON PERFORMING ASSETS :Bad & Doubtful Debt Reserve (Amt. in Crores)

Balance as on 31-03-2017 Rs. 99.26

Add : Appropriation for the year 2016-17 Rs. 2.00

Add : Provision from Gross Profit for the year 2017-2018 Rs. 13.06

Balance as on 31-03-2018 Rs. 114.32

The Gross NPA as on 31.03.2018 was Rs.155.16 Crores, as against this the total Bad and Doubtful Debt Reserve held by the Bank is Rs114.32 Crores, so the Net NPA works out to Rs. 40.84 Crores which is 1.82% of Net Total Advances.

(4) RESERVES The following adjustments have been done in the Reserves which were held in excess of the requirement. The Reserves have been recast wherever necessary.

(Amt. in Crores)4.1 Contingency Reserve

Balance as on 31-03-2017 Rs. 5.10

Add : Appropriation for the year 2016-17 Rs. 4.05

Less : Utilised during the year 2017-18 Rs. 4.02

Balance as on 31-03-2018 Rs. 5.13

4.2 Business Development Fund (Amt. in Crores)

4.3 Investment Fluctuation Reserve (Amt. in Crores)

Balance as on 31-03-2017 Rs. 16.90

Add: Appropriation for the year 2016-17 Rs. 12.10

Balance as on 31-03-2018 Rs. 29.00

Balance as on 31-03-2017 Rs. 1.03

Rs. 0.07

Balance as on 31-03-2018 Rs. 0.96

Less :Utilised during the year 2017-18

(5) LIABILITIES

5.1 Taxation :-DISPUTED

In respect of the following assessment years, the Income Tax Department has made additions/disallowances to the income as returned by the bank. The Bank has preferred appeals before appropriate judicial forums which appeals are yet pending for adjudication.

Demand

31,94,384

5,03,750

19,83,540

20,82,770

Assessment Years

2004-05

2005-06

2006-07

2009-10

Reason for disallowance

Interest on I.T. refund notallowed u/s 80P



Amt of Provision made

31,94,384

5,03,750

19,83,540

16,94,957

StatusAppeal is pending beforethe Hon. Supreme Courtof India

Appeal is pending beforethe Hon. Supreme Courtof India

Appeal is pending beforethe Hon. Supreme Courtof India

Appeal is pending foradjudication before Hon.Income Tax Appellate Tribunal

Addition u/s 50C of theIncome Tax Act

37


Demand

38,18,270

87,99,910

30,52,937

Assessment Years

2012-13

2013-14

2014-15

Reason for disallowanceAmt of Provision made

31,42,331

88,00,000

30,52,937

StatusDisallowance with regard tobad debt provision

Appeal is pending foradjudication before the FirstAppellate Authority

Disallowance with regard tobad debt provision


Disallowance with regard tobad debt provision


According to the view of the banks legal counsel all the above matters are likely to be allowed in favour of the bank by the various adjudicating authorities.

(6) INCOME TAX

6.1

6.2

During the year, the bank has paid Advance Tax/TDS of Rs. 25.56 crores. The provision for Income

Tax has been made for Rs.28.78 crores as per the provision of Income tax Act,1961.

Deferred Tax Liability on the Special Reserve (Infrastructure Asset Reserve) under section

36(1)(viii) of the Income Tax Act 1961 :-

Pursuant to Reserve Bank of India's (RBI's) Circular No. UBD.CO.BPD.PCB.

th CIR.NO.67/09.05.001/2013-14 dated 30 May, 2014, the Bank has created Deferred Tax Liability

of Rs. 36,70,090/- on the Special Reserve (Infrastructure Asset Reserve) under section 36(1)(viii)

of the Income-tax Act, 1961 in the financial year ended on 31.03.2015. During the year under

consideration there is no change in the said liability created.

As per AS 22 there is no deferred tax liability to the bank. Bank is having deferred tax assets which

bank has not accounted for as a conservative approach

6.3

(7) Gratuity Liability

The Bank has taken Group Gratuity Insurance with the Life Insurance Corporation of India, Bajaj

Allianz Life Insurance Company ltd. and Birla Sun life Insurance for payment of Gratuity. For the

year 2018-19 as per the original notification, the Gratuity liability of the Bank works out Rs. 12.34

crores, as per actuarial valuation of LIC against the balance in fund a/c of Rs.0.35 crores with LIC,

Rs. 4.49 crores with Bajaj Allianz and Rs. 8.08 crores with Birla Sun life Insurance (Total fund Rs.

12.92 Crores). Hence the provision of Rs.1.50 Crore has been made in current year. However, on

th 29 march 2018 Government notified for increase in Gratuity ceiling slab from Rs. 10.00 Lacs to

nd Rs. 20.00 Lacs per employee. The bank got the information of notification on 2 week of April

th2018 and actuarial valuation from LIC on 9 May 2018. Bank made necessary provision and

investment in the F.Y. 2018-19.


38


(II) Movement Of CRAR

(a) Total Risk-weighted Assets 267488.23 243304.92

(b) Capital to Risk Asset Ratio 16.07% 15.63%

(III) InvestmentsA Face Value 117610.66 175860.66B Book Value 121352.17 180454.49C Market Value 118831.69 180415.98

(IV) ADVANCES TO SENSITIVE SECTOR A Advances against real Estate, construction Housing 31595.79(13.41%) 29216.84(13.10%)

B Housing Loan 28496.53(12.09%) 23548.93(10.56%)

(V) ADVANCE AGAINST SHARES & DEBENTURES. 286.09(0.12) 209.01(0.09%) (VI) Advance to Director's / their Relatives, Comp. / Firms in

which they are interested(A) Fund Based 329.65(0.14%) 127.04(0.06%)

(B) Non Fund Based (Guarantees, L/C, etc) 0.00 0 . 00 % Related to Gross Advances 0.00% 0.00%

ADDITIONAL DISCLOSURE

PARTICULARS 31-03-2018 31-03-2017

(I) Capital To Risk Assets Ratio (CRAR) (Rs. In Lacs)

(a) Tier I Capital 31442.45 30127.99

(b) Tier II Capital 11534.85 7904.76

(c) Total (a + b) 42977.30 38032.75

Opening balance

Additions during the year

Reductions during the year

Closing balance

Total provisions held

Issuer Composition of Non SLR Investments. Amount Extent of‘Below Inve.Grade Sec’.

Extent of‘Unrated

Securities’

Extent of‘Unlisted

Securities’

1 PSUs2 Fls3 Public Sector Banks4 Mutual Fund5 Others6 Provision held towards Depreciation

9242.71516.60

0.006500.003718.35

20.79

Non performing Non- SLR Investments Amount

NILNILNILNILNIL

Amount

NILNILNILNILNIL

NILNILNILNILNILNIL

NILNILNILNILNILNIL

NILNILNILNILNILNIL


(VII) Cost of Deposits : AVG. COST OF DEPOSIT 6.69% 7.36%

(VIII) NON PERFORMING ASSETSA Gross NPAs 15515.72(6.58%) 15261.79(6.84%)B Net NPAs 4083.98(1.82%) 5335.72(2.50%)

39


(IX) MOVEMENT IN NPAsA Closing Balance as on 31-03-2017 15261.79 14825.63+ Addition: During the year 6014.96 9814.16- Deduction. : During the year (Including bad debts w/o) 5761.03 9378.00

Closing Balance as on 31.03.2018Less : provision made 11431.74 9926.07

B Net NPAs 4083.98 5335.72Net NPAs % 1.82% 2.50%

15515.72 15261.79

(X) PROFITABILITY

A Interest Income as a percentage of Working Fund 8.42% 8.79%B Non Interest income as a % of Working Fund 1.30% 1.13% C Operating Profit as a % of Working Fund 2.37% 2.08%D Return on Assets 2.30% 1.94%E Business (Deposits + Advances) per Employee 676.10 Lacs 708.26 LacsF Profit per Employee 6.78 Lacs 6.47 Lacs

(XI) Provision Made TowardsNPAs 11431.74 9926.07Depriciation in Investments 227.22 227.22Standard Assets 839.00 767.90

(XII) Movement in Provisionsa) Towards NPAsA Closing Balance as on 31-03-2017 9926.07 10149.40+ Add : Appropriation for the year 2016-17 200.00 210.40+ Add : Provision from Gross Profit for the year 2017-18 1305.67 2088.69+ Add : Transfer from Contingency Fund 0.00 1800.00- Less : Write -off NPAs 0.00 4322.42

Closing Balance as on 31-03-2018 11431.74b) Towards Depreciation on investment

Closing Balance as on 31-03-2017 227.22 48.06+ Add : Provision from Gross profit for the year 2017-18 0.00 179.16

227.22 227.22c) Towards Standard Assets

Closing Balance as on 31-03-2017 767.90 722.90Add : Provision from Gross profit for the year 2017-18 71.10 45.00Closing Balance as on 31-03-2018 839.00

(XIII) Foreign Currency Assets & Liab (If Applicable) Nil

9926.07

Closing Balance as on 31-03-2018

767.90Nil


(XIV) DICGC Guarantee feesWe confirm having paid DICGC Guarantee Advance Insurance Premium Rs.2,47,77,000.00 on 29.05.2017 for the Half Year ending 30.09.2017 and Rs.2,47,43,435.00 on 15.11.2017 for the Half Year ending 31.03.2018. Total premium paid Rs. 4,95,20,435.00. Premium has been paid @ 10 paise for the year 2017-18 as per rules.

40

Penalty Imposed by RBI Nil Nil( XV)


(XV) Restructured AccountsHousing Loan SME Debt

RestructuringOthers

Std.

Adv. Restr

uctued

Number of BorrowersAmount OutstandingSacrifice (diminution in the fair value)

NILNILNIL

NILNILNIL

NILNILNIL

Sub-Std.

Adv. Restr

uctued


NILNILNIL

NILNILNIL

NILNILNIL

Doubtful

Adv. Restruc

tured


NILNILNIL

NILNILNIL

NILNILNIL

Total Number of BorrowersAmount OutstandingSacrifice (diminution in the fair value)

NILNILNIL

NILNILNIL

NILNILNIL

(XVIl) Fixed Assets - Valuation / RevaluationAll the landed properties owned by the Bank for more than three years have been revalued in terms of RBI Circular No. UBD.PCB.Cir.No. 26/13.05.000/06-07 dated January 9, 2007. While the appreciation / depreciation in case of land have been taken into account, any appreciation / depreciation in building structure has been ignored. The cost of land as on 31.03.2017 and the revalued price as on 31.03.2018 are as under.

(XVIIl) Income from Bankassurance Business


Land at Revalued Price as on 31.03.2017Addition during the year (Revaluation)

4363.217965.37

TotalDeduction during the year (Revaluation)

12328.58570.25

Land at Revalued Price as on 31.03.2018 11758.33

31-03-2018 31-03-2017

1. For selling life insurance policies 6.23 6.38

2. For selling non life insurance policies 31.88 44.34

3. For selling mutual fund products NIL

4. Others - Stamp Franking Business 11.70 4.78

5. ASBA Processing Income 20.56 9.88

Total 70.37

NIL

65.30

(XlX) Amount Transfer to DEAF

A Opening Balance of amount transferred to DEAF 1092.21 1056.30

+ Add : Amt. transferred to DEAF during the year 117.33 101.39

-. Less : Amt. reimbursed by DEAF towards claims 37.19 65.48

Closing balance of amount transferred to DEAF 1172.35 1092.21

The net appreciation in land Rs. 7965.37 lacs has been debited to the “Land & Revaluation Account” and credited to “Revaluation (Assets) Reserve Account”.

41


PARTICULARS 31-03-2018 31-03-2017


PlaceDate

::Rajkot

01-09-2018

CASH FLOW STATEMENT FOR THE YEAR ENDED 31st MARCH 2018 (Rs. in Lakhs)

For, H.J.P. & CO.


FRN : 113456W

VIREN L. KOTHARI

M. No. 046949

Partner

For, D.V. SHAH & Associates


FRN : 109551W


Partner

M. No. 034294

CASH FLOW FROM OPERATING ACTIVITES

INTEREST & COMMISSION RECEIPTSINTEREST PAYMENTSPAYMENT TO EMPLOYEES & OTHERSOTHER RECEIPTSOTHER PAYMENTS

OPERATING PROFIT BEFORE CHANGES IN NET WORKING CAPITAL

CASH FLOW FROM CHANGES IN NET WORKING CAPITAL

(INCREASE) / DECREASE IN INVESTMENTS

(INCREASE) / DECREASE IN ADVANCES

(INCREASE) / DECREASE IN OTHER ASSETS

INCREASE / (DECREASE) IN DEPOSITS

INCREASE / (DECREASE) IN OTHER LIABILITIES

NET CASH GENERATED FROM OPERATING ACTIVITIES BEFORE TAX

INCOME TAX REFUND

INCOME TAX PAID

NET CASH GENERATED FROM OPERATING ACTIVITIES AFTER TAX

CASH FLOW FROM INVESTING ACTIVITIES

PURCHASE OF FIXED ASSETS

SALE PROCEEDS OF FIXED ASSETS

INTEREST RECEIVED

DIVIDEND RECEIVED

CASH FLOW FROM FINANCING ACTIVITIES

INCREASE / (DECREASE) IN SHARE CAPITAL

INCREASE / (DECREASE) IN RESERVES

INCREASE / (DECREASE) IN BORROWINGS

DIVIDEND PAID

NET INCREASE IN CASH AND CASH EQUIVALENTS

CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR

CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR

CASH AND CASH EQUIVALENTS

CASH ON HAND

BALANCE WITH RBI

BALANCE WITH NATIONALISE BANK

BALANCE WITH STATE CO - OP BANK

BALANCE WITH DISTRICT CO - OP BANK

BALANCE WITH OTHER BANK

MONEY AT CALL & SHORT NOTICE

(2,909.82)

(915.98)

(3,825.80)

979.45

(2,438.00)

(5,284.35)

11,457.15

(9,659.49)

(3,486.69)

45,767.70

2,322.96

25,614.42

257.43

22.53

3.65

546.70

17,000.00

45,767.70

49,254.39

(1,893.80)

4,248.09

2,354.29

-

(2,556.16)

(201.86)

13,370.12

3,420.96

16,821.00

30.26

0.96

24.20

178.41

53,975.79

(4,960.17)

8,208.09

45,767.70

53,975.79

33,500.00

36,021.27

(12,640.43)

(456.81)

(21,519.33)

2,843.39

(885.19)

969.44

13,267.28

18.60

(1,407.04)

(1,774.47)

(197.68)

(1,580.98)

(71,578.34)

(1,952.12)

3,889.49

69,971.86

(1,246.87)

(2,071.41)

45.30

13,464.66

18.60

(639.77)

(7,472.52)

(197.68)

(1,349.52)

27,825.59(28,014.55)(3,321.51)

4,406.89(2,790.21)

27,887.74(29,680.53)(3,218.85)

4,574.88(2,473.07)


42

MANAGEMENT Ar^L$pfuNZ

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Shri Y.D. GandhiChief Financial Officer

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Chief Development Officer

Shri T.J. Thaker

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Asst. Gen. ManagerShri V.K. Ambalia

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Shri G.P. Bhut

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Asst. Gen. Manager

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Shri K.S. SanganiShri R.S. Raichura Shri M.V. Sheth Shri T.C. Vyas

Apku. S>_fg d¡_¡S>f (b¢L$uN)îu Apf.A¡k. fpeQyfp

Asst. Gen. Manager

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Asst. Gen. Manager Asst. Gen. Manager

îu A¡d.hu. i¡W$

AGM. Officiating

îu V$u. ku. ìepkApku.$ S>_fg d¡_¡S>f(fuL$hfu) Apku. S>_fg d¡_¡S>f(bu.X$u.X$u.) A¡ÆA¡d. Ap¡qakuA¡V$u„N (A¡Q.Apf.)

Qua d¡_¡S>f(fuL$hfu)

îu L¡$.Apf. Np¡kpB

Shri K.R. GosaiChief Manager

Qua d¡_¡S>f(A¡õV¡$V$)

îu bu.hu. l]NmpÆep

Shri B.V. HinglajiaChief Manager

Shri J.K. ChhatparChief Manager

îu S>¡.L¡$. R>pV$`pfQua d¡_¡S>f(ApC.V$u)

X¡$àeyV$u Qua d¡_¡S>f(b°p„QuT)

Deputy Chief ManagerShri J.B. Dave

îu S>¡.bu. v$h¡

Shri Y.J. Raveshiya

X¡$àeyV$u Qua d¡_¡S>f(‘fpbÅf ipMp)


îu hpe.S>¡. fh¡riep

Shri N.H. Tank



îu A¡_.A¡Q. V$p„L$X¡$àeyV$u Qua d¡_¡S>f

(bu.X$u.X$u.)


Shri B.P. Rajdev

îu bu.ù. fpS>v$¡h

Shri H.D. Pathak

(ApB.V$u)X¡$àeyV$u Qua d¡_¡S>f


îu A¡Q.X$u. ‘pW$L$

Shri M.J. Jani

X¡$àeyV$u Qua d¡_¡S>f (k¡ÞV²$gpBTX$ b¢L$]N)


îu A¡d.S>¡. Å“u

Shri J.P. Mehta

X¡$àeyV$u Qua d¡_¡S>f (b¢L$]N)


îu S>¡.‘u. dl¡sp

Shri P.D. Bhatt

X¡$àeyV$u Qua d¡_¡S>f (kp¡fW$uephpX$u$)


îu 5u.X$u. cË

Shri D.K. More

X¡$àeyV$u Qua d¡_¡S>f (kyfs)


îu X$u.L$¡$. dp¡f¡

Shri H.K. Dhebar

X¡$àeyV$u Qua d¡_¡S>f (b°p„QuT)


îu A¡Q.L¡$. Y¡$bf

Shri R.K. Kakkad

X¡$àeyV$u Qua d¡_¡S>f (gp¡“)


îu Apf.L¡$ L$½$X$

Shri P.R. Vasani

X¡$àeyV$u Qua d¡_¡S>f (b°p„QuT)


îu ‘u.Apf. hkpZu

Shri H.N. BhattCEO

îu A¡Q. A¡_. cË$kuCAp¡

Shri V.K. SharmaGeneral Manager

îu hu.L¡$. idp®S>_fg d¡_¡S>f

Shri M.D. ShahDeputy Chief Manager

X¡$àeyV$u Qua d¡_¡S>f(V²¡$Tfu)

îu A¡d.X$u. iplX¡$àeyV$u Qua d¡_¡S>f

(gp¡“)


Shri P.N. Ruparelia

îu ù.A¡_. ê`pf¡guepX¡$àeyV$u Qua d¡_¡S>f

(f¥epfp¡X$)


Shri Tejas C. Vyas

îu s¡S>k ku. ìepk

Shri A.B. VyasDeputy Chief Manager

X¡$àeyV$u Qua d¡_¡S>f(A¡Q.Apf)

îu A¡.bu. ìepk

Shri B.S. Kapadia

X¡$àeyV$u Qua d¡_¡S>f(‘u.A¡.Vy$ Q¡fd¡“)


îu bu.A¡k. L$p`X$uAp

Shri L.K. Joshi



îu A¡g.L¡$. Å¡ju

Shri R.B. Ganatra

X¡$àeyV$u Qua d¡_¡S>f(fuL$hfu)

Deputy Chief ManagerShri V.J. Gianani

X¡$àeyV$u Qua d¡_¡S>f(Ap¡X$uV$)


îu hu.S>¡. Áep_pZu

Shri D.P. Tank



îu X$u.5u. V$p„L$

Shri H.M. RachhDeputy Chief Manager

X¡$àeyV$u Qua d¡_¡S>f(k¡¾¡$V$fu)

îu A¡Q.A¡d. fpÃR>X¡$àeyV$u Qua d¡_¡S>f

(A¡õV¡$V$)

îu X$u.hu. i¡W$X¡$àeyV$u Qua d¡_¡S>f

(Ap¡X$uV$)

îu A¡k. Æ. v$$p¡iuDeputy Chief Manager Deputy Chief ManagerShri D.V. Sheth Shri S. G. Doshi

Shri A.J. Mehta



îu A¡.S>¡. d¡lsp

Shri P.A. Rathod


îu ù.A¡. fpW$p¡X$

Shri A.G. Chaugule



îu A¡.Æ. Qp¥Nyg¡

Dr. H.N.Shukla

X¡$àeyV$u Qua d¡_¡S>f(DÛp¡N“Nf)


X$p®. A¡Q.A¡_. iyL$gDeputy Chief Manager


43

Sr.No.

Head OfficeRajkot

dy¿e L$Q¡fufpS>L$p¡V$

ap¡_ _:2555551,52,53,54,55

a¡L$k:0281-2555789

Shri H.N. BhattC.E.O.

Shir V.K. ShrmaGeneral Manager

îu A¡Q.A¡_ cË$ku.B.Ap¡.

îu hpe.X$u. Np„ûQua apB“pÞkueg Ap¡qakf

Shri Y.D. GandhiChief Financial Officr

Branches ipMpAp¡ Branch Head ipMp AûL$pfu ap¡_ _„bf

22062518. Upleta D`g¡V$p Shri J.R. Aghara îu S>¡.Apf. A^pfp

22079417. Dhoraji ^p¡fpÆ Shri A.H. Jatt îu A¡.A¡Q. ÅV$

220294Jetpur S>¡s`yf Shri D.N. Patadiya îu X$u.A¡“. ‘pV$X$uep16.

220698Wankaner hp„L$p_¡f Shri A.D. Shah îu A¡.X$u. ipl15.

Demat Dept. X$ud¡V$ rhcpN Shri N.P. Trivedi îu A¡“.‘u. Óuh¡v$u 2236916

14. Kotharia Road Branch L$p¡W pfuep fp¡X ipMp$ îu bu.S>¡. V$p„L$B.J. Tank 9429894131

9898033133Mobile dp¡bpBg Shri J.V. Shah îu S>¡.hu. ipl13.

2331160150 Feet Ring Road 150 qaV$ qf„N fp¡X$ Shri P.H. Harnava îu ‘u.A¡Q. lfZphp12.

2452635Raiya Road f¥ep fp¡X$ Shri T.C. Vyas îu V$u.ku. ìepk11.

2231740Bhupendra Road c|`¡ÞÖ fp¡X$ Shri H.J. Khakhkhar îu A¡Q.S>¡. M¿Mf9.

2388093Mavdi Plot dhX$u àgp¡V$ Shri D.D. Upadhyay îu X$u.X$u. D‘pÂepe8.

2241990Sorathiyawadi kp¡fW$uephpX$u Shri P.D. Bhatt îu ‘u.X$u. cË7.

2465589Dr. Yagnik Road X$pµ. eproL$ fp¡X$ Shri H.C. Joshi îu A¡Q.ku. Å¡ju6.

2457475Bedipara b¡X$u`fp Shri S.C. Chhagi îu A¡k.ku. R>ÁNu5.

2444377Junction Plot S>„L$i“ àgp¡V$ Shri H.A. Makwana îu A¡Q.A¡. dL$hpZp4.

2234571S.V.P. Road-Kevdawadi A¡k.hu.ù. fp¡X$-L¡$hX$phpX$u Shri H.M. Zaveri îu A¡Q.A¡d. Th¡fu3.

2234551Udyognagar Share Section DÛp¡N_Nf i¡f rhcpN Shri V.F. Jaroli îu hu.A¡a. S>fp¡gu

2231103Udyognagar Banking DÛp¡N_Nf b¡qL„$N Dr H.N. Shukla X$pµ A¡Q.A¡“. iyL$g2.

2571155Shri M.R. ThoriaKalawad Road L$pgphX$ fp¡X$10. îu A¡d.Apf. ’p¡fuep

2233916-17Para Bazar `fpbÅf Shri Y.J. Raveshiya îu hpe.S>¡. fh¡iuep1.

îu hu.L¡$ idp®S>“fg d¡“¡S>f


44

Branches ipMpAp¡ Branch Head ipMp AûL$pfu ap¡_ _„bf

25. 2354303Surat kyfs Shri D.K. More îu X$u.L¡$. dp¡f¡

22563324. Surendranagar kyf¡ÞÖ“Nf Shri V.M. Dodiya îu hu.A¡d. X$p¡X$uep

25579323. Bhuj c|S> Shri N.T. Vyas îu A¡“. V$u. ìepk

2644120522. Ahmedabad Adv$phpv$ Shri P.R. Vasani îu ‘u.Apf. hkpZu

22020321. Jasdan S>kv$Z Shri K.D. Zala îu L¡$.X$u. Tpgp

23330620. Padadhari `X$^fu Shri M.H. Vadar îu A¡d.A¡Q. hv$f

262164527. M.G. Road - Junagadh A¡d.Æ. fp¡X - Sy>_pNY$$ Shri L.V. Nirmal îu A¡g.hu. r“d®g

22158319. Morbi dp¡fbu Shri M.B. Bhatt îu A¡d.bu. cË

26. Kalbadevi Road, Mumbai L$pgbpv$¡hu fp¡X$- dy„bB Shri P.D. Pisat îu ‘u.X$u. ‘ukps 66355897

Bhavnagar Branch cph“Nf ipMp Shri D.K. Bhatt îu X$u.L¡$. cË38. 2210500

Nagpur “pN‘yf Shri P.R. Mulye îu ‘u.Apf. dyëe¡37. 22733401

36. 28830416Malad, Mumbai dgpX$-dy„bB Shri S.M. Shelar îu A¡k.A¡d. k¡gpf

35. 2575233Varachha Road-Surat hfpR>p fp¡X$ ipMp-kyfs Shri D.P. Joshi îu X$u.‘u. Å¡ju

34. 23211810Gandhinagar Np„û“Nf Shri S.G. Trivedi îu A¡k.Æ. Óuh¡v$u

33. Bapunagar bp‘y“Nf Shri V.S. Patel îu hu.A¡k. ‘V¡$g 22201275

32. Ghatkopar, Mumbai ^pV$L$p¡‘f-dy„bB Shri S.M. Patil îu A¡k.A¡d. ‘pV$ug 25080280

232497131. Vadodara hX$p¡v$fp Shri Y.S. Shaiwale îu hpB.A¡k. ipBhpg¡

26155630. Halvad lmhv$ Shri K.R. Jadeja îu L¡$.Apf. ÅX¡$Å

29. 2665307Jamnagar Åd_Nf Shri M.S. Solanki îu A¡d.A¡k. kp¡g„L$u

28. Gandhidham Np„û^pd Shri V.P. Dabi îu hu.‘u. X$pbu 230612

Sr.No.

Head OfficeRajkot

dy¿e L$Q¡fufpS>L$p¡V$

ap¡_ _:2555551,52,53,54,55

a¡L$k:0281-2555789

Shri H.N. BhattC.E.O.

Shir V.K. ShrmaGeneral Manager

îu A¡Q.A¡_ cË$ku.B.Ap¡.

îu hpe.X$u. Np„ûQua apB“pÞkueg Ap¡qakf

Shri Y.D. GandhiChief Financial Officr

îu hu.L¡$ idp®S>“fg d¡“¡S>f


45


46

in Crores

in Crores


47

in Crores


48

E

Opening of Kotharia Road, Rajkot Branch.

L$p¡W pfuep fp¡X$ ipMp, fpS>L$p¡V$ ipMp“p¡ iycpf„c.

lmhv$ ipMp“p¡ iycpf„c.Opening of Halvad Branch

Opening of Bhavnagar Branchcph“Nf ipMp“p¡ iycpf„c.

Bapunagar-Ahmedabad Branch Shiftedin new and modern own premises.

b¡„L$“u bp‘y“Nf-Adv$phpv$ ipMp“y„ AÛs“õh-ch“dp„ õ’mp„sf.


F

kcpkv$p¡“p„ k„sp“p¡“¡ õ¾$p¡gfiu‘ A¡“pes.

Scholarship given to the brilliant Kids of the share holders.

A Grand Road-Show at Rajkot by Hon. Prime Minister Narendrabhai Modi.

fpS>L$p¡V$“p ApÆ X¡$d Mps¡ “d®v$p“p AhsfZ Ahkf¡ cpfs“p dp““ue hX$pâ^p“ “f¡ÞÖcpB dp¡v$u Üpfp ep¡Åe¡g fp¡X$-ip¡“y„ Archpv$“.

“¡i“g lpDtkN b¡„L$ Üpfp ep¡Åe¡g V²¡$t“N k¡rd“pf.

Training Seminar held by National Housing Bank.

kcpkv$p¡“p„ k„sp“p¡“¡ i¥nrZL$ ‘yfõL$pf rhsfZ.

Educational Awards to the brilliant Kids of the share holders.

g^y DÛp¡N cpfsu Üpfp fpS>L$p¡V$dp„ ep¡Åe¡g 4’p BÞX$uepBÞX$õV²$ueg a¡fdp„ b¡„L$“p¡ d“p¡fçe õV$p¡g.

Bank Stall in 4th India Industrial Fair, Rajkot.


G

kv$¹ hp„Q““u Apv$s L¡$mhhp“p DØ¡i’u Apf„cpe¡g "hp„Q“$ ‘fb' “p rhrh^ dZL$pAp¡dp„, X$p¡. ifv$ Wp$ L$f, S>hg„s R>pep, kgud kp¡dpZu,ArcdÞey dp¡v$u, qv$“L$f Å¡ju, iplbyØu“ fpWp¡X$, ^°yh cË, fdÅ“ lkZuep, X$p¡ r“rdÑ Ap¡Tp,

‘f¡i ìepk, rdrgÞv$ NY$huA¡ rh¿eps ‘yõsL$p¡“u cphepÓp L$fphu.Renowned authors/speakers addressed to the learned audience on good books during “Book Talk”, programme started

with an intention to inculcate habit of good reading. The speakers during the year, were Dr. Sharad Thaker, Jwalant Chhaya,Salim Somani, Abhimanyu Modi, Dinkar Joshi, Shahbuddin Rathod, Dhruv Bhatt, Ramjan Hasania, Dr. Nimit Oza,

Paresh Vyas, Milind Gadhavi.

b¡„L$“u AÛs“ l¡X$ Ap¡qak Mps¡ ep¡Åe¡g rhrh^ ipMpAp¡“p„ N°plL$ rdg““u skhuf.Various Customer’s Meet at Head Office.


H

b¡„L$“p 65dp õ’p‘“p qv$“¡ ep¡Åh¡g rh^rh^ L$pe®¾$dp¡“u d“p¡fçe TgL$.Various events organised on the occasion of 65th Bank-day celebrations.



“b¢L$“u D5gå^ Ap^yr“L$ k¡hpAp¡’’Inter Bank

ATM CASH WithdrawalFacility

Demat&

StampFranking

LockersSafe Deposit

Vaults

SMS AlertMissed call for

BalanceEnquiry

NACH &CTS FastClearing

(SIP/ECS/NACH)

POSSwipe Machine Rupay ATM

Debit Card

UPI - 24*7MMID & A/c. Based

Fund Transfer

RTGS - NEFT

MobileBanking

BusinessFacilitator

BusinessCorrespondent

Documents

AV$g kfp¡hf ep¡S>“p-fpS>L$p¡V$ fpS>L$p¡V$ “pNqfL$ klL$pfu ... · RNSB ANNUAL REPORT 2017-18 The Chairman, Board of Directors, Delegates and Special Invitee Prof. Udayji Joshi