www.bankofbaroda.com
hegjmkeĆ¢ej SJeb mecceeve / Awards and Accolades
efnleOeejkeĆ¢ keĆ¢es ueeYeebMe / Dividend to Stakeholder
CMYK
Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12 Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
efyepevesme Jeu[& yesmÅ” yeQkeĆ¢ DeJee[& - HeĆ¢emÅ”smÅ” Ā«eesFbie yeQkeĆ¢ - ueepe&Business World Best Bank 2011 Award for Fastest Growing Bank - Large
efJeĆ²eerĆe Je<e& 2010-11 kesĆ¢ efueS Yeejle mejkeĆ¢ej keĆ¢es ueeYeebMe keĆ¢e YegieleevePayment of Dividend to Govt. of India for Financial Year 2010-11
Sve [er Å”er Jeer ĆeesefHeĆ¢Å” ueer[jMeerhe DeJee[& - meeJe&peefvekeĆ¢ #es$e keĆ¢e Ćesā° yeQkeĆ¢NDTV Profit Leadership Award for Best Public Sector Bank
ScemeerSkeƤme SJeb Å”erJeer18 Ćeje Ćesā° meeJe&peefvekeĆ¢ #es$e kesĆ¢ yeQkeĆ¢ kesĆ¢ efueS Yeejle keĆ¢e Ćesā° yeQkeĆ¢ SJeb efJeĆ²eerĆe mebmLeeve DeJee[&
India Best Banks and Financial Institutions Awards' by MCX and CNBC TV18 for Best Public Sector Bank
efJeĆ²eerĆe mesJeeSb - yeQkeĆ¢ kesĆ¢ efueS keWĆ¢ĆµerĆe heerSmeĆet kesĆ¢ lenle meeJe&peefvekeĆ¢ #es$e ceW Glke=Ć¢Ā°lee - owefvekeĆ¢ Yee<keĆ¢j Fbef[Ćee ĆeeF[ DeJee[&
Dainik Bhaskar India Pride Award for excellence in public sector under the Central PSU for Financial Services - Banks
SHeĆ¢ DeeĆe yeer S meer yeQefkebĆ¢ie DeJee[& - yesmÅ” FveerefMeSefÅ”Je Fve FbkeƤuetefmeJe yeQefkebĆ¢ieFIBAC Banking Award for Best initiative in Inclusive Banking
yeeĆeW mes oeĆeW - Ćeer DeeueeskeĆ¢ efveiece, Ćeer efJeefveue kegĆ¢ceej mekeƤmesvee, Ćeer megjsvƵ efmebn Yeb[ejer, Ćeer melĆeosJe ef$ehee"er, [e@. (Ćeerceleer) cemej&le Meeefno, Ćeer jepeerJe MesKej meent, Ćeer Deej.kesĆ¢. ye#eer - keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢,
Ćeer Sce.[er.ceuĆee - DeOĆe#e SJeb HeĆyebOe efveosMekeĆ¢, Ćeer Sve.Sme.ĆeerveeLe - keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢, Ćeer ceewefueve S. Jew<CeJe, Ćeer DepeĆe ceeLegj, Ćeer megoMe&ve mesve, Ćeer Jeer. yeer. ĆeJneCe
Left to Right: Shri Alok Nigam, Shri Vinil Kumar Saxena, Shri Surendra Singh Bhandari, Shri Satya Dev Tripathi, Dr. (Smt) Masarrat Shahid, Shri Rajib Sekhar Sahoo, Shri R.K. Bakshi - Executive Director, Shri M.D. Mallya - Chairman & Managing Director, Shri N.S. Srinath - Executive Director,
Shri Maulin A. Vaishnav, Shri Ajay Mathur, Shri Sudarshan Sen, Shri V. B. Chavan
efveosMekeĆ¢ ceb[ue / Board of Directors
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ceneĆeyebOekeĆ¢ / General Managers
Sve. jceCeer N. RAMANI
S. kesĆ¢. ieghlee A. K. GUPTA
Deej. kesĆ¢. yebmeue R. K. BANSAL
efmeefjue hee$ees CYRIL PATRO
yeer. yeer. ieie& B. B. GARG
pes. jcesMe J. RAMESH
efJe. SĆe. LeĆ²es V. H. THATTE
Sme. kesĆ¢. oeme S. K. DAS
meer. [er. keĆ¢euekeĆ¢j C. D. KALKAR
megYee<e meer. Deengpee SUBHASH C. AHUJA
Guneme Heer. meebieskeĆ¢j ULHAS P. SANGEKAR
Deej. Sme. mesefleĆee R. S. SETIA
DeĀ®Ce efleJeejer ARUN TIWARI
Sme. keĆ¢uĆeeCejceCe S. KALYANRAMAN
Deefveces<e Ćeewneve ANIMESH CHAUHAN
kesĆ¢. Sve. ceeveJeer K. N. MANVI
Ŕer. Sve. DeefoveeLeve T. N. ATHINATHAN
kesĆ¢. [er. ueecyee K. D. LAMBA
ceesnj efmebn MOHAR SINGH
Heer. kesĆ¢. ieghlee P. K. GUPTA
kesĆ¢. kesĆ¢. MegkeƤuee K. K. SHUKLA
DeĀ®Ce ĆeerJeemleJe ARUN SHRIVASTAVA
Deej. Heer. ceje"s R. P. MARATHE
jepesMe cenepeve RAJESH MAHAJAN
pes. [er. hejceej J. D. PARMAR
Heer. [er. efmebn P. D. SINGH
Deej. Sme. DeYĆebkeĆ¢j R. S. ABHYANKAR
Deej. keĆ¢esÅ”erMJejve R. KOTEESWARAN
[er. kesĆ¢. ieie& D. K. GARG
Jeer. kesĆ¢. iegHlee V. K. GUPTA
Deej. kesĆ¢. efmevne R. K. SINHA
kesĆ¢. JeWkeĆ¢Å” jeceecetefle& K VENKATA RAMA MOORTHY
kesĆ¢. Heer. Kejele K. P. KHARAT
Ćet. kesĆ¢. yeerpeehegj U. K. BIJAPUR
efvecex<e kegĆ¢ceej NIRMESH KUMAR
cegKĆe meleke&Ć¢lee DeefOekeĆ¢ejer- efjkeƤle CHIEF VIGILANCE OFFICER - VACANT
[e@. (Ćeerceleer) Ā¤hee efvelmegjs - cegKĆe DeLe&Meem$eer DR. (SMT.) RUPA NITSURE - CHIEF ECONOMIST
I
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Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
HeĆOeeve keĆ¢eĆee&ueĆe
yeĆ[ewoe neTme, ceeC[Jeer, JeĆ[esoje 390 006.
Head OfficeBaroda House, Mandvi, Vadodara 390 006.
yeĆ[ewoe keĆ¢eHeexjsÅ” mesvÅ”j
meer-26, peer-yuee@keĆ¢, yeevƵe-kegĆ¢uee& keĆ¢e@cHeueskeƤme, yeevƵe (Het.), cegbyeF& 400 051.
Baroda Corporate Centre
C-26, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051.
efveJesMekeĆ¢ mesJeeSb efJeYeeie
ĆøeLece leue, yeĆ[ewoe keĆ¢eheexjsÅ” meWÅ”j, meer-26, peer-yuee@keĆ¢, yeebƵe-kegĆ¢uee& keĆ¢e@chueskeƤme, yeebƵe (het), cegbyeF& 400 051.
Investor Services Department1st Floor, Baroda Corporate Centre, C-26, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051.
jefpemÅ”^ej SJeb DevlejCe SpeWÅ”
cewmeme& keĆ¢eJeea keĆ¢cHĆetÅ”jMesĆej HeĆe. efue. HueeÅ” veb. 17-24, efJeĀŖuejeJe veiej, Fcespe DemHeleeue kesĆ¢ Heeme, ceeOeeHegj, nwojeyeeo 500 081.
Registrars & Transfer Agent
M/s. Karvy Computershare Pvt. Ltd. Plot No. 17-24, Vithalrao Nagar, Nr Image Hospital, Madhapur, Hyderabad 500 081.
uesKee hejer#ekeĆ¢ / Auditors
II
ke=Ć¢les efKecepeer kegbĆ¢Jejpeer SC[ kebĆ¢.meveoer uesKeekeĆ¢ej
For Khimji Kunverji & CoChartered Accountants
ke=Ć¢les yeĆĆæeĆĆee SC[ kebĆ¢.meveoer uesKeekeĆ¢ej
For Brahmayya & Co.Chartered Accountants
ke=Ć¢les js SC[ jsmeveoer uesKeekeĆ¢ej
For Ray & RayChartered Accountants
ke=Ć¢les Sme kesĆ¢. efceĆ²eue SC[ kebĆ¢.meveoer uesKeekeĆ¢ej
For S. K. Mittal & Co.Chartered Accountants
ke=Ć¢les Sve.yeer.Sme. SC[ kebĆ¢.meveoer uesKeekeĆ¢ej
For N. B. S. & Co.Chartered Accountants
ke=Ć¢les ue#ceerefveJeeme veerLe SC[ kebĆ¢.meveoer uesKeekeĆ¢ej
For Laxminiwas Neeth & Co.Chartered Accountants
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1
efJe<eĆe metĆeer / Contents
Page
Chairman's Statement 07
Notice 12
Directors' Report 51
Report on Corporate Governance 84
Green Initiative in Corporate Governance 124
Basel II Pillar 3 disclosures 125
Key Financial Indicators 140
Definitions 142
Balance Sheet 144
Profit & Loss Account 145
Statement of Cash Flow 191
Auditors' Report 193
Consolidated Financial Statements 196
Proxy Form / Attendance Slip / ECS
he=ā°
DeOĆe#eerĆe JekeƤleJĆe 01
veesefŔme 12
efveosMekeĆ¢eW keĆ¢er efjheesÅ”& 16
keĆ¢eheexjsÅ” ieJeveXme efjheesÅ”& 84
keĆ¢eheexjsÅ” ieJeveXme ceW heĆee&JejCe megj#ee 124
yeemesue II efheuej 3 ĆekeĆ¢Å”erkeĆ¢jCe 125
cenlJehetCe& efJeĆ²eerĆe metĆekeĆ¢ 140
HeefjYee<eeSb 142
legueve-he$e 144
ueeYe-neefve uesKee 145
vekeĆ¢oer-ĆeJeen efJeJejCeer 191
uesKee hejer#ekeĆ¢eW keĆ¢er efjheesÅ”& 193
mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeb 196
Ćee@keƤmeer HeĆ¢ece& / GheefmLeefle heĆeea / F&meerSme
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2
efĆeĆe efnleOeejkeĆ¢,
cegPes Ćen yeleeles ngS heĆmeVelee nes jner nw efkeĆ¢ Je<e& 2011-12 (efJeĆ²eerĆe Je<e& ā 12) ceW nceves ueieeleej ĆeewLes Je<e&, JewefĆekeĆ¢ efJeĆ²eerĆe mebkeĆ¢Å” kesĆ¢ yeeJepeto efjkeĆ¢e[& DeeĆe Deewj ueeYe heĆehle efkeĆ¢Ćee. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ keĆ¢eĆe&efve<heeove ves Deee|LekeĆ¢ Gleej-ĆeĆ{eJeeW kesĆ¢ heefjheĆs#Će ceW Deheves JĆeeJemeeefĆekeĆ¢ cee@[ue Deewj keĆ¢eĆe&veerefleĆeeW keĆ¢er JeemleefJekeĆ¢lee keĆ¢es efmeƦ efkeĆ¢Ćee. cegPes 31 ceeĆe& 2012 keĆ¢es meceehle Je<e& kesĆ¢ efueS yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe keĆ¢er Jeee|<ekeĆ¢ efjheesÅ”& Deewj efJeĆ²eerĆe JeĆ²eĆ¢JĆe DeehekesĆ¢ meccegKe heĆmlegle keĆ¢jles ngS Deheej KegMeer nes jner nw.
meJe&heĆLece JĆeJemeeĆe heefjJesMe keĆ¢er meceer#ee keĆ¢jvee GefĆele nw. Fmeer heefjJesMe ceW efJeĆeejeOeerve Je<e& kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ ves keĆ¢eĆe& efkeĆ¢Ćee.
DeeefLe&keĆ¢ meceer#ee
efJeĆ²eerĆe Je<e& 2012 YeejleerĆe DeLe&JĆeJemLee kesĆ¢ efueS ĆegveewleerhetCe& jne. oes Je<eeX ceW 8.4% keĆ¢er Meeveoej Je=efƦ kesĆ¢ heĀ§eele keWĆ¢ĆµerĆe meebeqKĆekeĆ¢erĆe mebie"ve, Yeejle mejkeĆ¢ej kesĆ¢ Devegmeej Yeejle keĆ¢er peer[erheer efJekeĆ¢eme oj 6.9% nesves keĆ¢e Devegceeve nw. efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve peneb ke=Ć¢ef<e Deewj mesJee #es$eeW ves yesnlej efJekeĆ¢eme keĆ¢er ieefle keĆ¢es yeveeS jKee, JeneR DeewĆ eesefiekeĆ¢ #es$e ceW lespe efiejeJeÅ” DeeF& efpemekeĆ¢e keĆ¢ejCe Keveve SJeb efJeefvecee&Ce #es$eeW keĆ¢e mebkegĆ¢efĆele nesvee Lee. efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve efJeefYeVe mebjĆevee GĆ eesieeW, efJeMes<ekeĆ¢j efmecesvÅ” Deewj Lece&ue heeJej #es$eeW ceW #ecelee GheĆeesie ojeW ceW heĆee&hle keĆ¢ceer DeeF&.
cegƵemHeĆ¢erefle kesĆ¢ oyeeJeeW keĆ¢er heĆefleefāŗeĆ¢Ćee ceW Je<e& kesĆ¢ DeefOekeĆ¢ebMe efnmmes ceW YeejleerĆe efj]peJe& yeQkeĆ¢ keĆ¢er Deee|LekeĆ¢ meKleer hetjs peesj-Meesj mes peejer jner. nw[ueeFve ([yuĆetheerDeeF&) cegƵemHeĆ¢erefle hetjs Je<e& 8.8% kesĆ¢ Deeme-heeme jner. Oeerjs-Oeerjs cegƵemHeĆ¢erefle kesĆ¢ GĆĆe mlej ves efJekeĆ¢eme keĆ¢er ieefle keĆ¢es Oeercee efkeĆ¢Ćee.
DeOĆe#eerĆe JekeƤleJĆe
efJeĆ²eerĆe Je<e& 2011 kesĆ¢ oewjeve hetbpeer DeeJekeĆ¢ ceW DeeF& lespeer kesĆ¢ heĀ§eele yeĆ{leer JewefĆekeĆ¢ peesefKece efJecegKelee Deewj kegĆ¢ĆskeĆ¢ Iejsuet efĆevleeDeeW ves hetbpeer kesĆ¢ heĆJeen keĆ¢es keĆ¢ce efkeĆ¢Ćee. GoenjCe kesĆ¢ efueS heesÅ”&HeĆ¢esefueĆees FveHeƤuees efJeĆ²eerĆe Je<e& 2011 kesĆ¢ 32.2 efyeefueĆeve ĆetSme[euej mes IeÅ”keĆ¢j efJeĆ²eerĆe Je<e& 2012 ceW 18.9 efyeefueĆeve ĆetSme[euej jn ieĆee. Je<e& 2011 kesĆ¢ oewjeve heĆcegKe SefMeĆeeF& cegƵeDeeW ceW Ā®heS keĆ¢e meJee&efOekeĆ¢ Ćeme ngDee. FmekeĆ¢e DeebefMekeĆ¢ keĆ¢ejCe Yeejle keĆ¢e JĆeehekeĆ¢ Ćeeuet Keelee IeeÅ”e Deewj cegKĆe keĆ¢ejCe keĆ¢ĆĆes lesue kesĆ¢ oeceeW ceW ngF& Yeejer Je=efƦ Lee. Yeejle keĆ¢e efJeosMeer cegƵe Yeb[ej efmelecyej 2011 kesĆ¢ heĆejbYe ceW efJeĆ eceeve 321 efyeefueĆeve ĆetSme[euej kesĆ¢ GĆĆe mlej mes IeÅ”keĆ¢j ceeĆe& 2012 keĆ¢er meceeeqhle hej 295 efyeefueĆeve ĆetSme[euej jn ieĆee.
peneb DevegmetefĆele JeeefCeeqpĆekeĆ¢ yeQkeĆ¢eW (Smemeeryeer) kesĆ¢ iewj KeeĆ e $e+Ce keĆ¢er ceebie, efJeMes<ekeĆ¢j ceerĆeeoer $e+CeeW keĆ¢er, efJeĆ²eerĆe Je<e& 2012 kesĆ¢ DeefOekeĆ¢ebMe meceĆe ceW efMeefLeuelee yeveer jner, JeneR efJeĆ²eerĆe Je<e& 2012 keĆ¢er ĆeewLeer efleceener ceW pecee Je=efƦ ceW Yeer efiejeJeÅ” DeeF& efpevekeĆ¢e Demej vekeĆ¢oer keĆ¢er lebieer kesĆ¢ Ā¤he ceW efoKeeF& efoĆee. veerefle ojeW ceW 375 DeeOeej DebkeĆ¢eW keĆ¢er yeĆ{eslejer kesĆ¢ heĀ§eele YeejleerĆe efj]peJe& yeQkeĆ¢ ves efJekeĆ¢eme kesĆ¢ peesefKeceeW keĆ¢es keĆ¢ce keĆ¢jves kesĆ¢ GƶsMĆe mes efomecyej 2011 ceW megOeejelcekeĆ¢ keĆ¢oce G"eS.
DeeqmLej Deee|LekeĆ¢ heefjJesMe, Deeeqmle iegCeJeĆ²ee mebyebOeer yeĆ{les oyeeJe Deewj IeÅ”leer hetbpeer heĆee&hlelee kesĆ¢ keĆ¢ejCe yengle mes DevegmetefĆele JeeefCeeqpĆekeĆ¢ yeQkeĆ¢eW ves JeeefCeeqpĆekeĆ¢ $e+Ce kesĆ¢ cegkeĆ¢eyeues mejkeĆ¢ejer heĆefleYetefleĆeeW keĆ¢es lejpeern oer.
efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve FĆOeve meeqyme[er Deewj jespeieej me=peve ĆeespeveeDeeW kesĆ¢ keĆ¢ejCe Yeejle keĆ¢e jepekeĆ¢es<eerĆe IeeÅ”e yeĆ{keĆ¢j peer[erheer keĆ¢e 5.9% nes ieĆee pees 4.6% kesĆ¢ ueef#ele mlej mes keĆ¢eHeĆ¢er DeefOekeĆ¢ nw.
Sce. [er. ceuĆeeDeOĆe#e SJeb ĆeyevOe efveosMekeĆ¢
ĆegveewleerHetCe& oewj ceW
Glke=Ć¢<Å” keĆ¢eĆe&efve<heeove
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3
meb#eshe ceW, efJeĆ²eerĆe Je<e& 2012 yengle mes yeeĀ¢e SJeb DeevleefjkeĆ¢ Deee|LekeĆ¢ cemeueeW kesĆ¢ heefjheĆs#Će ceW Ćeeo jKee peeSiee efpevneWves meeceevĆe Ā¤he mes mLeeveerĆe JĆeJemeeefĆeĆeeW Deewj efJeMes<e Ā¤he mes yeQeEkeĆ¢ie #es$e keĆ¢es heĆefleketĆ¢ue Ā¤he mes heĆYeeefJele efkeĆ¢Ćee.
yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe ves efJeĆ²eerĆe Je<e& 2012 ceW Deheves yeĆev[ keĆ¢es hegve: heĆceeefCele efkeĆ¢Ćee
ĆegveewleerhetCe& heefjJesMe kesĆ¢ yeeJepeto DeehekeĆ¢e yeQkeĆ¢ ceewpetoe heefjJesMe ceW DeJemejeW keĆ¢e DeefOekeĆ¢lece ueeYe G"eves ceW meHeĆ¢ue jne Deewj Fmeves efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve Deheveer iegCeelcekeĆ¢ meJeexĆĆelee yeveeS jKeer.
DeehekesĆ¢ yeQkeĆ¢ ves Deheves JewefĆekeĆ¢ keĆ¢ejesyeej ceW 25.9% keĆ¢er megĆĆ{ efJekeĆ¢eme oj ope& keĆ¢er, pees yeQeEkeĆ¢ie GĆ eesie kesĆ¢ Deewmele keĆ¢eĆe&efve<heeove mes keĆ¢eHeĆ¢er DeefOekeĆ¢ nw. Deheveer MegƦ yĆeepe DeeĆe ceW 17.2% keĆ¢er mJemLe Je=efƦ kesĆ¢ yeue hej yeQkeĆ¢ ves MegƦ yĆeepe ceee|peve (SveDeeF&Sce) hej heĆefleketĆ¢ue oyeeJeeW kesĆ¢ yeeJepeto 18.0% keĆ¢er MegƦ ueeYe Je=efƦ ope& keĆ¢er.
DeehekesĆ¢ yeQkeĆ¢ keĆ¢e Deewmele DeeeqmleĆeeW hej heĆefleHeĆ¢ue 1.24%, hetbpeer heĆee&hlelee mlej 14.67% Deewj FeqkeƤJeÅ”er hej heĆefleHeĆ¢ue 19.04% jne efpemeves DeehekesĆ¢ yeQkeĆ¢ keĆ¢er megĆĆ{ Deee|LekeĆ¢ eqmLeefle keĆ¢es hegve: heĆceeefCele efkeĆ¢Ćee.
FmekesĆ¢ DeueeJee, Je<e& 2012 kesĆ¢ oewjeve Deheves mekeĆ¢ue SveheerS Devegheele keĆ¢es 1.53% hej Deewj MegƦ SveheerS Devegheele keĆ¢es 0.54% hej efveĆebef$ele keĆ¢jkesĆ¢ yeQkeĆ¢ ves Deeeqmle iegCeJeĆ²ee heĆyebOeve ceW Deheveer cepeyetleer keĆ¢es hegve: efmeƦ efkeĆ¢Ćee. Ćen Yeejle ceW yeĆ[s DeekeĆ¢ej Jeeues yeQkeĆ¢eW ceW meyemes keĆ¢ce nw.
efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve keĆ¢eĆe&veerefle mebyebOeer henueW
Deheveer JĆeeJemeeefĆekeĆ¢ DeeOeejefMeuee keĆ¢es megĆĆ{ keĆ¢jves kesĆ¢ GƶsMĆe mes DeehekesĆ¢ yeQkeĆ¢ ves efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve keĆ¢F& keĆ¢eĆe&veerefle mebyebOeer henueeW keĆ¢er MegĀ¤Deele keĆ¢er.
[eÅ”e meWÅ”j keĆ¢es yeQkeĆ¢ kesĆ¢ mJeĆeb kesĆ¢ heefjmej ceW meHeĆ¢ueleehetJe&keĆ¢ mLeeefhele keĆ¢jves kesĆ¢ heĀ§eele DeehekesĆ¢ yeQkeĆ¢ ves yeeOeejefnle yeQeEkeĆ¢ie mesJeeSb megefveeqĀ§ele keĆ¢jves kesĆ¢ efueS Je<e& kesĆ¢ oewjeve Deheves Deeheoe jenle keWĆ¢Ćµ keĆ¢e efJemleej efkeĆ¢Ćee. DeehekesĆ¢ yeQkeĆ¢ ves efJev[espe meJe&j JeĆeg&ueeFpesMeve, [smkeĆ¢Å”e@he JeĆeg&ueeFpesMeve Deewj yewkeĆ¢ Dehe keĆ¢vmeeueer[sMeve pewmes heĆewĆ eesefiekeĆ¢er mes mebyebefOele veJeesvces<eer heĆĆeemeeW keĆ¢e MegYeejbYe efkeĆ¢Ćee nw. FvnW ieĆerve FefveefMeĆesefÅ”Je kesĆ¢ Ā¤he ceW SJeb [eÅ”e meWÅ”j keĆ¢er keĆ¢eĆe&kegĆ¢Meuelee ceW megOeej ueeves kesĆ¢ efueS heĆejbYe efkeĆ¢Ćee ieĆee nw. FmekesĆ¢ DeueeJee, DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ JĆeehekeĆ¢ vesÅ”Jeke&Ć¢ keĆ¢es ef[ceeC[ DeheieĆs[ leLee DeheÅ”eFce megOeej nsleg ceuÅ”er heĆesÅ”eskeĆ¢e@ue uesJeue eqmJeeEĆeie hej DeeOeeefjle veĆeer Å”skeƤveeuee@peer ceW ceeFieĆsÅ” efkeĆ¢Ćee ieĆee nw. FbÅ”jheĆeFpe heĆyebOeve heĆCeeueer keĆ¢es Yeer DeheieĆs[ efkeĆ¢Ćee ieĆee nw leLee yeQkeĆ¢ kesĆ¢ yeĆ{les DeeFÅ”er FvHeĆĆ¢emÅ”^keƤĆej keĆ¢es ceeveerÅ”j keĆ¢jves leLee heĆYeeJeMeeueer {bie mes JĆeJemLee keĆ¢jves kesĆ¢ efueS veĆes cee@[Ćetume GheĆeesie ceW ueeĆes ieĆes nQ.
Deheves ieĆenkeĆ¢eW keĆ¢es DeefOekeĆ¢ megefJeOeepevekeĆ¢ FbÅ”jvesÅ” yeQeEkeĆ¢ie DevegYeJe GheueyOe keĆ¢jeves kesĆ¢ efueS, DeehekesĆ¢ yeQkeĆ¢ ves mebJee|Oele iegCeeW mes ĆegĆ²eĆ¢ GVele Jeme&ve keĆ¢er keĆ¢esj yeQeEkeĆ¢ie heĆCeeueer ceW ceeFieĆsMeve efkeĆ¢Ćee nw. FmekesĆ¢ DeueeJee, keĆ¢F& veĆes cee[Ćetume pewmes DeĆeue DeeeqmleĆeeW keĆ¢e jKejKeeJe, mesume Å”^wkeĆ¢j cee[Ćetue, kesĆ¢vƵerke=Ć¢le mesJee keĆ¢j, yeQkeĆ¢ efjĆeueeFpesMeve meÅ”eaefHeĆ¢kesĆ¢Å” (FyeerDeejmeer) cee[Ćetue, Keelee mebKĆee heesÅ”xefyeefueÅ”er leLee veĆeer heWMeve Ćeespevee kesĆ¢ efueS Jeke&Ć¢ HeƤuees DeeÅ”escesMeve, mJeeJeuebyeve, keĆ¢es meceer#eeOeerve Je<e& kesĆ¢ oewjeve keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee. DeejÅ”erpeerSme SJeb SveF&SHeĆ¢Å”er kesĆ¢ ceeOĆece mes FbÅ”j
yeQkeĆ¢ OeveheĆs<eCe kesĆ¢ efueS DeehekesĆ¢ yeQkeĆ¢ keĆ¢er keĆ¢esj yeQeEkeĆ¢ie keĆ¢er meYeer MeeKeeDeeW keĆ¢es me#ece efkeĆ¢Ćee ieĆee leLee FvnW DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ FbÅ”jvesÅ” yeQeEkeĆ¢ie heesÅ”&ue kesĆ¢ meeLe peesĆ[ efoĆee ieĆee.
DeehekesĆ¢ yeQkeĆ¢ ves Deheves FbÅ”jvesÅ” yeQeEkeĆ¢ie ĆewveueeW kesĆ¢ Debleie&le Deewj megefJeOeeSb osves kesĆ¢ keĆ¢eĆe& keĆ¢es peejer jKee. FbÅ”jvesÅ” yeQeEkeĆ¢ie ā yeĆ[ewoe keĆ¢veskeĆ¤Å” ā Deye leerJeĆlee kesĆ¢ meeLe mJeĆeb, DevĆe JĆeefĆ²eĆ¢ keĆ¢es (yeQkeĆ¢ kesĆ¢ Yeerlej) Deewj Deblej yeQkeĆ¢ Oeve DeblejCe keĆ¢er megjef#ele megefJeOee heĆoeve keĆ¢jlee nw. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ FbÅ”jvesÅ” heesÅ”&ue ceW SmeSceSme DeueÅ”&, DeejÅ”erpeerSme / SveF&SHeĆ¢Å”er mebJĆeJenej keĆ¢er megefJeOee Yeer oer ieF& nw. heĆejbefYekeĆ¢ meeJe&peefvekeĆ¢ efveie&ce (DeeFheerDees) leLee DevegJeleea meeJe&peefvekeĆ¢ efveie&ce (SHeĆ¢heerDees) Dee@veueeFve DebMeoeve nsleg yeĆ[ewoe keĆ¢veskeĆ¤Å” ceW SSmeyeerS (yueekeƤ[ jeefMe kesĆ¢ meeLe DeeJesove) megefJeOee Yeer nw leeefkeĆ¢ FeqkeƤJeÅ”er MesĆejeW ceW DeeJesove keĆ¢jves ceW megefJeOee nes.
DeehekesĆ¢ yeQkeĆ¢ ves ceesyeeFue yeQeEkeĆ¢ie Ćewveue ceW yeĆ[ewoe Sce keĆ¢veskeĆ¤Å” kesĆ¢ ceeOĆece mes ā Keelee Mes<e keĆ¢er peevekeĆ¢ejer, efvepeer Keelee efJeJejCe, keĆ¢F& KeeleeW keĆ¢es SkeĆ¢ meeLe peesĆ[vee, efveefOe DeblejCe, efyeueeW keĆ¢e Yegieleeve, efÅ”keĆ¢Å” yegeEkeĆ¢ie, Mee@eEheie, HeĆ¢er[ yewkeĆ¢ / efMekeĆ¢eĆeleW Deeefo pewmeer keĆ¢F& Deewj megefJeOeeSb Ćøeoeve keĆ¢er nQ.
31 ceeĆe& 2012 lekeĆ¢ DeehekesĆ¢ yeQkeĆ¢ keĆ¢e SÅ”erSce vesÅ”Jeke&Ć¢ 2012 lekeĆ¢ hengbĆe ieĆee. SÅ”erSce eqmJeĆe meele FbÅ”jĆeWpeeW DeLee&led vesMeveue eqmJeĆe SveSHeĆ¢Sme (SveheermeerDeeF&), Jeermee, ceemÅ”jkeĆ¢e[&, meerJeerĆetSF& (ĆetSF&), meerJeerDeesceeve (Deesceeve), eEuekeĆ¢ (Å”erSveÅ”er), hes ceeke&Ć¢ (vĆetpeerueQ[) kesĆ¢ meeLe, SÅ”erSve kesĆ¢ ceeOĆece mes ef[ueerJejer heeFbÅ” yeĆ{ekeĆ¢j ieĆenkeĆ¢eW keĆ¢es megefJeOee osves nsleg peesĆ[e ieĆee nw. kesĆ¢vƵerke=Ć¢le ef[heesefpeÅ”jer ShueerkesĆ¢Meve kesĆ¢ meeLe, DeehekesĆ¢ yeQkeĆ¢ keĆ¢er MeeKeeSb SveSme[erSue Deewj meerSme[erSme oesveeW keĆ¢er megefJeOeeSb osves ceW me#ece nQ. DeeveueeFve Å”^seE[ie heĆCeeueer mes DeehekeĆ¢e yeQkeĆ¢, FeqkeƤJeÅ”er, cĆetĆegDeue HebĆ¢[, yeeb[ Deewj heĆejbefYekeĆ¢ meeJe&peefvekeĆ¢ efveie&ce ceW (DeeF&heerDees) pewmes efueKeleeW ceW Å”^seE[ie kesĆ¢ efueS Deheves ieĆenkeĆ¢eW mecemle mesJeeSb Dee@veueeFve osves ceW me#ece nw.
FmekesĆ¢ DeueeJee, DeehekesĆ¢ yeQkeĆ¢ ves DeeF&Å”er mes mebyebefOele keĆ¢F& veJeesvces<eer keĆ¢eĆe& pewmes FbÅ”jvesÅ” hesceWÅ” iesÅ”Jes, [sefyeÅ” keĆ¢e[& / āŗesĆ¢ef[Å” keĆ¢e[& mes mebyebefOele Yegieleeve iesÅ”Jes mesJeeSb, vekeĆ¢oer heĆyebOeve heĆCeeueer efpemeceW heĆeeqhle heĆyebOeve (keĆ¢ueskeƤMeve) pewmeer megefJeOeeSb nQ SJeb FvJeeFme heĆyebOeve (heĆehĆe Deewj Yegieleeve heĆyebOeve), Yegieleeve mebosMe meesuĆetMeve (heerSceSme) (20 efJeosMeer Å”sjerÅ”jerpe Deewj Yeejle keĆ¢er meYeer heĆeefOeke=Ć¢le MeeKeeDeeW ceW efāŗeĆ¢ĆeeeqvJele keĆ¢er ieF&) efieĆ[ DeeOeeefjle ĆeskeĆ¢ Å”^bkesĆ¢Meve efmemÅ”ce (meerÅ”erSme), (SvemeerDeej, veF& efouueer; ĆesVew, keĆ¢esĆecyeletj, yeQieueesj ceW keĆ¢eĆee&eqvJele) Deewj cegbyeF& ceW DeeÅ”escesÅ”s[ ĆeskeĆ¢ heĆesmeseEmeie meWÅ”j (DeeJekeĆ¢ peeJekeĆ¢) keĆ¢eĆee&eqvJele efkeĆ¢Ćes nQ.
DeehekesĆ¢ yeQkeĆ¢ ves keĆ¢ce&ĆeeefjĆeeW keĆ¢e [eÅ”eyesme lewĆeej keĆ¢jves kesĆ¢ GƶsMĆe mes leLee leerJeĆlee mes efveCe&Će keĆ¢jves, heoesVeefle Deewj ĆeĆeve heĆefāŗeĆ¢Ćee leLee DevĆe ceeveJe mebmeeOeve heĆefāŗeĆ¢Ćee kesĆ¢ efueS keĆ¢ce&ĆeeefjĆeeW nsleg ceeveJe mebmeeOeve vesÅ”Jee\keĆ¢ie mesJeeSb keĆ¢eĆee&eqvJele keĆ¢er nQ.
FmekesĆ¢ DeueeJee DeehekesĆ¢ yeQkeĆ¢ ves ueĆeerueer Deewj keĆ¢eĆeexheĆeesieer metĆeveeDeeW kesĆ¢ Deehemeer Deeoeve heĆoeve kesĆ¢ Åeesle, ieĆenkeĆ¢eW kesĆ¢ yeejs ceW yesnlej peevekeĆ¢ejer kesĆ¢ efueS ieĆenkeĆ¢ efjuesMeveefMehe heĆyebOeve leLee meYeer ĆewveueeW ceW SkeĆ¢ meceeve ieĆenkeĆ¢ efJeĆeej kesĆ¢ efueS [eÅ”e JesĆej neGme yeveeves kesĆ¢ efueS keĆ¢oce G"eĆes nQ.
efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ ves Kegoje yeQeEkeĆ¢ie kesĆ¢ #es$e ceW keĆ¢F& yeĆ[s keĆ¢oce G"eĆes nQ. yeQkeĆ¢ ves yeĆ[ewoe HeĆ¢mÅ”& meseEJeie yeQkeĆ¢ Deewj yeĆ[ewoe HeĆ¢mÅ”& jsieguej ef[heesefpeÅ” pewmes oes GlheeoeW keĆ¢es Ćetefuehe Deewj Å”ce& yeercee Ćeespevee kesĆ¢ meeLe mebĆegkeƤle keĆ¢jkesĆ¢ yeĆ[ewoe HeĆ¢mÅ”& nsuLe HewkeĆ¢ keĆ¢e MegYeejbYe efkeĆ¢Ćee nw.
Daya\D:\Annual Report 2011 - 2012\fINAL 19-5-12\CMD Statement Hindi.indd 4 May 28, 2012 1:14 PM
Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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ke=Ć¢<ekeĆ¢eW, mJeefveĆeesefpele JĆeefĆ²eĆ¢ĆeeW SJeb JĆeeJemeeefĆekeĆ¢eW kesĆ¢ efueS efJeMes<eĀ¤he mes yeĆ[ewoe mece=efƦ efleceener DeeJeleea pecee Deewj yeĆ[ewoe mece=efƦ Ćceener DeeJeleea pecee ĆeespeveeSb lewĆeej keĆ¢er ieF&.
163 yeĆ[ewoe veJeefvecee&Ce MeeKeeDeeW (efyepevesme heĆesmesme efjFbpeerefveĆeeEjie ceW DeehekesĆ¢ yeQkeĆ¢ keĆ¢e heĆespeskeĆ¤Å”) ceW mesume DeehejseEÅ”ie cee[Ćetue keĆ¢e MegYeejbYe efkeĆ¢Ćee ieĆee efpememes efyeāŗeĆ¢er SJeb mesJee mebmke=Ć¢efle efJekeĆ¢efmele nes Deewj Jele&ceeve / veĆes ueeYeoeĆekeĆ¢ ieĆenkeĆ¢eW kesĆ¢ [eÅ”e ceeFeEveie mes leLee mesume keĆ¢vJemexMeve Deewj mesJee DevegjesOe kesĆ¢ ceeOĆece mes efyepevesme ueer[dme heĆehle efkeĆ¢S pee mekesĆ¢.
yeĆele yeQkeĆ¢ peceejeefMeĆeeW kesĆ¢ mebieĆnCe ceW Je=efƦ ueeves nsleg yeĆ{leer ngF& yĆeepe ojeW keĆ¢er keĆ¢Ć[er Ćegveewleer kesĆ¢ ceenewue ceW DeehekesĆ¢ yeQkeĆ¢ ves keĆ¢F& yeĆele yeQkeĆ¢ DeefYeĆeeve ĆeueeĆes. FmeceW keĆ¢eĆe&efve<heeove keĆ¢jves Jeeues mÅ”eHeĆ¢ meomĆeeW nsleg heĆeslmeenve keĆ¢e meceeJesMe efkeĆ¢Ćee ieĆee. FmeceW DeJee[& peerleves Jeeueer MeeKeeDeeW Deewj #es$eerĆe keĆ¢eĆee&ueĆeeW kesĆ¢ efueS meerSce[er kesĆ¢ meeLe Meece Deewj efhekeĆ¢efvekeĆ¢ efJeo mÅ”eHeĆ¢ keĆ¢eĆe&āŗeĆ¢ceeW keĆ¢e DeeĆeespeve Meeefceue Lee.
DeehekesĆ¢ yeQkeĆ¢ ves Je<e& kesĆ¢ oewjeve Deheves Kegoje $e+Ce keĆ¢es yeĆ{eves kesĆ¢ efueS efJeMes<e Ā¤he mes DeeJeeme $e+Ce SJeb keĆ¢ej $e+Ce hej OĆeeve kesĆ¢eqvƵle keĆ¢jles ngS keĆ¢F& Kegoje $e+Ce DeefYeĆeeve ĆeueeĆes. DeehekesĆ¢ yeQkeĆ¢ ves -9- efmeÅ”er mesume Dee@efHeĆ¢me MegĀ¤ efkeĆ¢Ćes. FveceW mes nuĆeveer, jeĆeyejsueer, HewĆ¢peeyeeo, jeĆehegj, Yeesheeue, Fboewj, yeWieuetĀ®, ieeefpeĆeeyeeo Deewj jepekeĆ¢esÅ” Meeefceue nQ. Fme $e+Ce cee@[ue keĆ¢er meHeĆ¢uelee keĆ¢es osKeles ngS nuĆeveer, osnjeotve Deewj veeefmekeĆ¢ ceW -3- veĆeer efjÅ”sue ueesve HewĆ¢eqkeĆ¤Å”^ĆeeW keĆ¢e MegYeejbYe efJeĆ²e Je<e& 2012 ceW efkeĆ¢Ćee ieĆee.
Deuhe DeeĆe Jeie& ceW efJeĆ²eerĆe meceeJesMeve keĆ¢es Deeies yeĆ{eves keĆ¢er efJeefMeĀ° Ćeespevee yeveeves nsleg keĆ¢ejesyeej veerefle keĆ¢es veĆes Ā¤he ceW lewĆeej keĆ¢jves keĆ¢er DeeJeMĆekeĆ¢lee keĆ¢es mecePeles ngS Deewj Fmes keĆ¢ejesyeej DeJemej SJeb keĆ¢eheexjsÅ” meeceeefpekeĆ¢ oeefĆelJe ceeveles ngS, DeehekesĆ¢ yeQkeĆ¢ ves GheueyOe mebmeeOeveeW pewmes Å”skeƤvee@uee@peer, JĆeJemeeĆe keĆ¢ewMeue Deeefo keĆ¢e GheĆeesie keĆ¢jles ngS meceer#eeOeerve Je<e& ceW efJeĆ²eerĆe meceeJesMeve kesĆ¢ GƶsMĆe keĆ¢e Deeies yeĆ{eves nsleg "esme keĆ¢oce G"eĆes. efJeĆ²eerĆe meceeJesMeve [eÅ”e leLee mebJĆeJenej keĆ¢es yeQkeĆ¢ kesĆ¢ [eÅ”e meWÅ”j ceW mesJee heĆoelee kesĆ¢ efJeĆ²eerĆe meceeJesMeve meJe&j / iesÅ”Jes kesĆ¢ ceeOĆece mes meeryeerSme ceW SkeĆ¢erke=Ć¢le efkeĆ¢Ćee ieĆee. DeehekesĆ¢ yeQkeĆ¢ ves eEuekeĆ¢ MeeKeeDeeW kesĆ¢ ceeOĆece mes Deheves ieĆenkeĆ¢eW keĆ¢es GvekesĆ¢ KeeleeW keĆ¢es meeryeerSme ceW Deheuees[ keĆ¢jves yeeo Deewj kesĆ¢JeeF&meer melĆeeheve kesĆ¢ yeeo mceeÅ”& keĆ¢e[& peejer efkeĆ¢S.
DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ Deheves DeefOekeĆ¢eefjĆeeW kesĆ¢ efueS efJeĆ²eerĆe meceeJesMeve hej efJeMes<e heĆefMe#eCe keĆ¢eĆe&āŗeĆ¢ceeW keĆ¢e mebĆeespeve SJeb DeeĆeespeve keĆ¢jves kesĆ¢ efueS jeĀ°^erĆe ieĆeceerCe efJekeĆ¢eme mebmLeeve (SveDeeF&Deej[er) nwojeyeeo kesĆ¢ meeLe JĆeJemLee keĆ¢er nw. efJeĆ²eerĆe meceeJesMeve kesĆ¢ keĆ¢eĆe& ceW lespeer ueeves kesĆ¢ efueS DeehekesĆ¢ yeQkeĆ¢ ves meer[erSceS lekeĆ¢veerkeĆ¢ kesĆ¢ ceeOĆece mes meeryeerSme keĆ¢veseqkeĆ¤Å”efJeÅ”er ĆegĆ²eĆ¢ ceesyeeFue yeQeEkeĆ¢ie JewveeW keĆ¢er MegĀ¤Deele keĆ¢er nw. Fme heĆkeĆ¢ej keĆ¢er heebĆe Jesve (1 iegpejele ceW, 2 GĆ²ejheĆosMe ceW, 1 efyenej ceW leLee 1 ieesJee ceW) Ćeue jner nQ peesefkeĆ¢ 41 ieebJeeW ceW mesJeeSb heĆoeve keĆ¢j jner nQ. DeehekesĆ¢ yeQkeĆ¢ ves efJeĆ²eerĆe meceeJesMeve heefjĆeespevee kesĆ¢ Debleie&le DeeyebefÅ”le Mele heĆefleMele ieebJeeW keĆ¢es keĆ¢Jej keĆ¢j efueĆee nw. Fve ieebJeeW ceW 7.61 ueeKe mes DeefOekeĆ¢ efJeĆ²eerĆe meceeJesMeve Keeles Keesues ieS peyeefkeĆ¢ ue#Će 7.10 ueeKe keĆ¢e Lee.
ieĆeceerCe Yeejle keĆ¢er ke=Ć¢ef<e $e+Ce ceebie leLee DevĆe efJeĆ²eerĆe peĀ¤jleeW keĆ¢es hetje keĆ¢jves kesĆ¢ GƶsMĆe mes yeQkeĆ¢ keĆ¢e heĆee&hle Ćeesieoeve megefveeqĀ§ele keĆ¢jves kesĆ¢ efueS DeehekesĆ¢ yeQkeĆ¢ ves ieĆeceerCe SJeb ke=Ć¢ef<e $e+Ce kesĆ¢ Debleie&le Je<e& kesĆ¢ oewjeve efJeefYeVe Glheeo ef[peeFve efkeĆ¢S leLee JĆeJemeeĆe veerefle lewĆeej keĆ¢er. yeQkeĆ¢ ves ke=Ć¢ef<e $e+Ce
yeĆ{eves kesĆ¢ efueS Yeejle Yej ceW 450 LemÅ”& MeeKeeDeeW keĆ¢e ĆeĆeve efkeĆ¢Ćee nw. ke=Ć¢ef<e $e+Ce yeĆ{eves kesĆ¢ GƶsMĆe mes -22- #es$e efJeMes<e ĆeespeveeSb lewĆeej keĆ¢er ieFĆ.
yeQkeĆ¢ ves efJeĆ²eerĆe Je<e& 12 kesĆ¢ oewjeve ĆegJeeDeeW keĆ¢es heĆefMe#eCe osves kesĆ¢ efueS leLee GvekesĆ¢ efueS mJejespeieej kesĆ¢ DeJemej cegnwĆee keĆ¢jJeeves kesĆ¢ efueS Dehesef#ele %eeve SJeb keĆ¢ewMeue heĆefMe#eCe nsleg 10 Deewj yeĆ[ewoe mJejespeieej efJekeĆ¢eme mebmLeeve Keesues. Fme heĆkeĆ¢ej yeĆ[ewoe mJejespeieej efJekeĆ¢eme mebmLeeveeW keĆ¢er mebKĆee yeĆ{keĆ¢j 46 nes ieF&. Fme heĆkeĆ¢ej yeQkeĆ¢ kesĆ¢ heĆlĆeskeĆ¢ DeieĆCeer efpeues ceW mejkeĆ¢ejer efoMeeefveoxMeeW kesĆ¢ DevegĀ¤he SkeĆ¢ Deej-mesÅ”er (R-SETI) nw. FmekesĆ¢ DeueeJee Depecesj eqmLele yeĆ[ewoe mJejespeieej efJekeĆ¢eme mebmLeeve keĆ¢es kesĆ¢Jeue ceefnuee GĆ eefceĆeeW kesĆ¢ efueS efJekeĆ¢efmele efkeĆ¢Ćee ieĆee nw. efJeĆ²eerĆe Je<e& 12 kesĆ¢ oewjeve 42786 ĆegJee ueeYeee|LeĆeeW keĆ¢es heĆefMe#eCe efoĆee ieĆee efpeveceW mes 25791 ves Dehevee mJejespeieej GĆ ece mLeeefhele keĆ¢j efueĆee nw. Fve keWĆ¢ĆµeW Ćeje Deye lekeĆ¢ heĆefMeef#ele kegĆ¢ue 122228 ueeYeee|LeĆeeW ceW mes 75050 ves mJejespeieej GĆ ece mLeeefhele keĆ¢j efueS nQ. DeehekesĆ¢ yeQkeĆ¢ ves meceer#ee Je<e& kesĆ¢ oewjeve 21 veS efJeĆ²eerĆe mee#ejlee SJeb $e+Ce hejeceMe& keWĆ¢Ćµ (SHeĆ¢Suemeermeer), Keesues efpevnW 'meejLeer' veece efoĆee nw, Fme heĆkeĆ¢ej 31 ceeĆe& 2012 keĆ¢es efJeĆ²eerĆe mee#ejlee SJeb $e+Ce hejeceMe& kesĆ¢ĆµeW keĆ¢er mebKĆee 39 nes ieF& nw.
met#ce, ueIeg SJeb cePeewues GĆ ece (SceSmeSceF&) efJeĆe kesĆ¢ DevĆe osMeeW keĆ¢er Yeebefle Yeejle ceW Deee|LekeĆ¢ efJekeĆ¢eme Deewj jespeieej keĆ¢e heĆcegKe Åeesle nQ. DeehekesĆ¢ yeQkeĆ¢ ves meceer#ee Je<e& kesĆ¢ oewjeve met#ce, ueIeg SJeb cePeewues GĆ ece JĆeJemeeĆe kesĆ¢ lenle keĆ¢F& veJeesvces<eer heĆĆeeme efkeĆ¢S nQ. yeQkeĆ¢ ves efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve ome veF& SmeSceF& ueesve HewĆ¢eqkeĆ¤Å”^Ćeeb leLee Dee" veF& efJeefMeĀ° SmeSceF& MeeKeeSb KeesueeR. FmekesĆ¢ DeueeJee DeehekesĆ¢ yeQkeĆ¢ ves mLeeveerĆe peĀ¤jleeW keĆ¢es hetje keĆ¢jves kesĆ¢ efueS heebĆe veĆes ieĆenkeĆ¢esvcegKe #es$e efJeMes<e Glheeo heĆejbYe efkeĆ¢S. yeQkeĆ¢ ves heĆĆeesieelcekeĆ¢ DeeOeej hej SkeĆ¢ veS Deeeqmle Glheeo 'yeĆ[ewoe Ćewveue HeĆ¢eFveebeEmeie' keĆ¢er MegĀ¤Deele keĆ¢er.
DeehekesĆ¢ yeQkeĆ¢ ves nwojeyeeo, Denceoeyeeo leLee peĆehegj ceW Dee@ue Fbef[Ćee cewvespeceWÅ” SmeesefmeSMeve Ćeje GĆ eefceĆeeW kesĆ¢ efueS DeeĆeesefpele "cewvespeceWÅ” eqmkeĆ¢ume Å”t meesme& HeĆ¢eFveebeEmeie SC[ cewvespeceWÅ” Dee@]HeĆ¢ Å”skeƤvee@uee@peer yeeĆe SmeSceF&" efJe<eĆe hej keĆ¢eĆe&Meeuee heĆeĆeesefpele keĆ¢er. DeehekesĆ¢ yeQkeĆ¢ ves met#ce SJeb ueIeg GĆ eefceĆeeW nsleg yeĆ[ewoe GĆ eceer hegjmkeĆ¢ej Yeer MegĀ¤ efkeĆ¢Ćes.
FmekesĆ¢ DeueeJee DeehekesĆ¢ yeQkeĆ¢ ves met#ce SJeb ueIeg GĆ eefceĆeeW kesĆ¢ efueS āŗesĆ¢ef[Å” ieejbÅ”er HeĆ¢C[ Å”^mÅ” (meerpeerÅ”erSceSmeF&) Ćeespevee kesĆ¢ meboYe& ceW yeQkeĆ¢ kesĆ¢ SmeSceF& GlheeoeW leLee yeej yeej hetĆs peevesJeeues heĆMve mebyebOeer peevekeĆ¢ejer keĆ¢es Meeefceue keĆ¢jles ngS "ĆøeweqkeĆ¤Å”keĆ¢ue ieeF[ Å”t efyekeĆ¢eEceie Sve FvÅ”jheĆvĆeesj" veecekeĆ¢ hegeqmlekeĆ¢e Yeer peejer keĆ¢er nw. yeQkeĆ¢ ves efJeĆ²eerĆe Je<e& 12 kesĆ¢ oewjeve SmeSceF& KeeleeW keĆ¢er jseEÅ”ie nsleg Ćeej Deueie - Deueie jseEÅ”ie SpeseqvmeĆeeW kesĆ¢ meeLe mecePeewlee keĆ¢jej (SceDeesĆet) hej nmlee#ej efkeĆ¢S nQ.
efJeĆ²eerĆe Je<e& 12 ceW JĆeeJemeeefĆekeĆ¢ SJeb efJeĆ²eerĆe GheueeqyOeĆeeb
pewmee efkeĆ¢ hetJe& ceW yeleeĆee ieĆee nw efkeĆ¢ DeehekesĆ¢ yeQkeĆ¢ ves efJeĆ²eerĆe Je<e& 12 kesĆ¢ oewjeve keĆ¢ef"ve Deee|LekeĆ¢ oewj kesĆ¢ yeeJepeto GlmeenJeOe&keĆ¢ heefjCeece efoS nQ. efheĆues leerve Je<eeX keĆ¢er Yeebefle JĆeJemeeĆe keĆ¢er ĆeqĀ° mes DeehekesĆ¢ yeQkeĆ¢ keĆ¢e keĆ¢eĆe&efve<heeove yeQeEkeĆ¢ie GĆ eesie kesĆ¢ Deewmele keĆ¢eĆe&efve<heeove mes keĆ¢eHeĆ¢er yesnlej jne.
DeehekesĆ¢ yeQkeĆ¢ keĆ¢e JewefĆekeĆ¢ keĆ¢ejesyeej efJeĆ²eerĆe Je<e& 12 kesĆ¢ oewjeve 25.9% (Je<e&-oj-Je<e&) keĆ¢er Je=efƦ ope& keĆ¢jles ngS 6,72,248 keĆ¢jesĆ[ Ā® kesĆ¢ mlej hej hengbĆe ieĆee. yeQkeĆ¢ kesĆ¢ YeejleerĆe heefjĆeeueve ceW peceeDeeW leLee DeefieĆceeW
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ceW āŗeĆ¢ceMe: 20.1% leLee 19.3% keĆ¢er GuuesKeveerĆe Je=efƦ ope& keĆ¢er ieF&. DeehekesĆ¢ yeQkeĆ¢ keĆ¢er Iejsuet keĆ¢ce ueeiele DeLee&led keĆ¢emee peceeDeeW ceW Kegoje DeeJeefOekeĆ¢ peceeDeeW keĆ¢er DeefOekeĆ¢ yĆeepe oj kesĆ¢ yeeJepeto 15.9% (Je<e&-oj-Je<e&) keĆ¢er oj mes Je=efƦ ngF& leLee efJeĆ²eerĆe Je<e& 12 ceW kegĆ¢ue Iejsuet peceeDeeW ceW FvekeĆ¢e DebMe 33.2% jne.
DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ heĆeLeefcekeĆ¢lee heĆehle #es$e $e+CeeW ceW Yeer efJeĆ²eerĆe Je<e& 12 kesĆ¢ oewjeve 19.5% keĆ¢er GuuesKeveerĆe Je=efƦ ngF& leLee Ćes meceeĆeesefpele efveJeue yeQkeĆ¢ $e+Ce (SSveyeermeer) keĆ¢e 43.37% jns pees efkeĆ¢ 40.00% kesĆ¢ DeefveJeeĆe& ue#Će mes Yeer DeefOekeĆ¢ Lee. DeehekesĆ¢ yeQkeĆ¢ ves Deheves SmeSceF& $e+CeeW ceW 26.1%, ke=Ć¢ef<e $e+CeeW ceW 18.4%, heĆlĆe#e ke=Ć¢ef<e $e+CeeW ceW 24.9% leLee Kegoje $e+CeeW ceW 10.0% keĆ¢er Je=efƦ ope& keĆ¢er peesefkeĆ¢ efJeĆ eceeve heĆCeeueer ceW GheueyOe mebYeeJeveeDeeW keĆ¢es osKeles ngS efJeefYeVe #es$eeW ceW meblegefuele Je=efƦ keĆ¢es oMee&leer nw.
efJeĆ²eerĆe Je<e& 12 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ keĆ¢er efJeosMeer MeeKeeDeeW kesĆ¢ kegĆ¢ue keĆ¢ejesyeej ceW 44.6% keĆ¢er DeeMeeleerle Je=efƦ ngF&. efJeosMeer heefjĆeeueveeW ceW DeehekesĆ¢ yeQkeĆ¢ keĆ¢er ieĆenkeĆ¢ peceeDeeW ceW 40.4%, kegĆ¢ue peceeDeeW ceW 45.2% leLee DeefieĆceeW ceW 43.9% keĆ¢er GuuesKeveerĆe Je=efƦ ngF&. megĆĆ{ leLee GĆ eesie keĆ¢er Deewmele Je=efƦ oj mes DeefOekeĆ¢ Je=efƦ leLee yesnlej MegukeĆ¢ DeeOeeefjle DeeĆe kesĆ¢ HeĆ¢uemJeĀ¤he DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ efJeosMeer heefjĆeeueveeW kesĆ¢ mekeĆ¢ue ueeYe ceW 48.5% keĆ¢er GuuesKeveerĆe Je=efƦ ope& keĆ¢er ieF&.
GuuesKeveerĆe nw efkeĆ¢ yeQkeĆ¢ kesĆ¢ JewefĆekeĆ¢ keĆ¢ejesyeej ceW efJeosMeer keĆ¢ejesyeej keĆ¢e DebMe 28.3% jne. mekeĆ¢ue ueeYe ceW FmekeĆ¢er efnmmesoejer 20.7% leLee keĆ¢esj MegukeĆ¢ DeeĆe ceW efnmmesoejer 34.0% jner. FmekesĆ¢ DeueeJee yeQkeĆ¢ kesĆ¢ efJeosMeer heefjĆeeueve mes yeQkeĆ¢ keĆ¢er kegĆ¢ue DeeeqmleĆeeb Ā® 91,273 keĆ¢jesĆ[ mes yeĆ{keĆ¢j 1,28,398 keĆ¢jesĆ[ nes ieF&. Fme heĆkeĆ¢ej efJeĆ²eerĆe Je<e& 12 kesĆ¢ oewjeve FveceW 40.7% keĆ¢er Je=efƦ ope& keĆ¢er ieF&.
mecetĆes yeQkeĆ¢ keĆ¢e mekeĆ¢ue ueeYe 23.6% keĆ¢er GuuesKeveerĆe Je=efƦ oj kesĆ¢ meeLe yeĆ{keĆ¢j Ā® 8630.37 keĆ¢jesĆ[ nes ieĆee. yeĆ{s ngS ĆøeeJeOeeveeW kesĆ¢ yeeJepeto MegƦ yĆeepe ceeefpe&ve ceW melele Ćøeieefle, iewj yĆeepe DeeĆe ceW DeĆĆer Je=eqƦ leLee HeefjĆeeueve KeĆeeX ceW efveĆebef$ele Je=eqƦ mes DeeHekesĆ¢ yeQkeĆ¢ keĆ¢e MegƦ ueeYe efJelleerĆe Je<e& 2012 ceW 18.0% (Je<e& oj Je<e&) yeĆ{keĆ¢j Ā®HeĆes 5,007 keĆ¢jesĆ[ nes ieĆee, pees efkeĆ¢ yeepeej keĆ¢er DeHes#eeDeeW mes DeefOekeĆ¢ Lee. peneb MegƦ yĆeepe DeeĆe ceW 17.2% (Je<e&-oj-Je<e&) keĆ¢er Je=efƦ ngF& nw, JeneR DevĆe DeeĆe (Ćee iewj-yĆeepe DeeĆe) ceW 21.8% (Je<e&-oj-Je<e&) ngF&, pees cegKĆe Ā¤he mes heĆYeeJeer Å”^spejer Depe&ve SJeb yeĆ³eke=Ć¢le KeeleeW ceW Yeejer Jemetueer mes heĆehle ngF&.
ueieeleej keĆ¢er efiejeJeÅ” keĆ¢er heĆJe=efĆ²e kesĆ¢ yeeJepeto DeehekeĆ¢e yeQkeĆ¢ efJeĆ²eerĆe Je<e& 2012 lekeĆ¢ yeQeEkeĆ¢ie peiele ceW SkeĆ¢ Glke=Ć¢Ā° Deeeqmle iegCeJeĆ²ee yeveeS jKe mekeĆ¢e. Deheves hetJe& kesĆ¢ efjkeĆ¢e[& kesĆ¢ DevegĀ¤he DeehekeĆ¢e yeQkeĆ¢ efJeĆ²eerĆe Je<e& 2012 ceW Deheves mekeĆ¢ue SveheerS keĆ¢e 1.53 lekeĆ¢ leLee MegƦ SveheerS keĆ¢es 0.54% lekeĆ¢ meerefcele jKe heeves ceW meHeĆ¢ue ngDee. yeQkeĆ¢ keĆ¢e $e+Ce neefve keĆ¢Jejspe Devegheele (lekeĆ¢veerkeĆ¢er yeĆ³eke=Ć¢le meefnle) Yeer 31 ceeĆe& 2012 keĆ¢es 80.05 % kesĆ¢ GĆĆe mlej hej jne.
MesĆejOeejkeĆ¢ heĆefleHeĆ¢ue Deewj lejuelee Devegheele kesĆ¢ ceeceues ceW DeehekesĆ¢ yeQkeĆ¢ ves Deheves yeepeej ceeie&oMe&ve keĆ¢er leguevee ceW DeĆĆe keĆ¢eĆe& efkeĆ¢Ćee Deewj Deewmele DeeeqmleĆeeW hej heĆefleHeĆ¢ue (DeejDeesSS) 1.24% jne. heĆefleMesĆej Depe&ve (F&heerSme) Ā® 127.84 SJeb heĆefleMesĆej yener cetuĆe (yeerJeerheerSme)
Ā® 637.37 jne. Flevee ner veneR, DeehekesĆ¢ yeQkeĆ¢ keĆ¢e ueeiele ā DeeĆe Devegheele ieleJe<e& kesĆ¢ 39.87% kesĆ¢ mlej mes leerJeĆ efiejeJeÅ” kesĆ¢ meeLe 37.55% jne, pees GmekesĆ¢ efvejblej yeĆ{les ngS Depe&ve-heĆesHeĆ¢eFue Deewj heefjĆeeueveiele JĆeĆeeW hej efJeJeskeĆ¢hetCe& efveĆeb$eCe heĆefleeEyeefyele keĆ¢jlee nw. 31 ceeĆe& 2012 keĆ¢es DeehekesĆ¢ yeQkeĆ¢ keĆ¢e yeemesue II kesĆ¢ Debleie&le hetbpeer heĆee&hlelee Devegheele 14.67% kesĆ¢ megĆĆ{ mlej hej jne, efpemeceW 10.83% efÅ”Ćej ā I hetbpeer Devegheele Meeefceue nw., Ćen yeQeEkeĆ¢ie peiele ceW meJee&efOekeĆ¢ nw.
YeeJeer ĆeespeveeSb
peneb JewefĆekeĆ¢ heefjheĆs#Će ceW Yeejle keĆ¢er heĆieefle Dehes#eeke=Ć¢le kegĆ¢Ć DeefOekeĆ¢ jner, DeeqmLej JewefĆekeĆ¢ heefjĆMĆe SJeb Iejsuet veerefleĆeeW meefnle efJeefJeOe IeÅ”keĆ¢eW ves efveJesMeeW hej oyeeJe [euee. cegƵemHeĆ¢erefle ceW DevegketĆ¢ue meebeqKĆekeĆ¢erĆe DeeOeej kesĆ¢ keĆ¢ejCe ceboer MegĀ¤ ngF& efpememes GOeej ā ojeW ceW nukeĆ¢er meer efiejeJeÅ” DeeĆeer. efJeĆ²eerĆe Je<e& 13 kesĆ¢ efueS efJekeĆ¢eme oj 7% mes 7.3% nesves keĆ¢e Devegceeve efJeefJeOe SpeWefmeĆeeW Ćeje efkeĆ¢Ćee pee jne nw, peneb veerefleiele ceesĆex hej Oeerceer heĆieefle keĆ¢e peesefKece jnsiee, GĆĆe SJeb DeeqmLej cegƵemHeĆ¢erefle leLee JewefĆekeĆ¢ eqmLeefle Yeer efiejeJeÅ” keĆ¢er Deesj heĆJe=Ć²e jnsieer.
efJeĆ²eerĆe Je<e& 13 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ keĆ¢er meceieĆ JĆeeJemeeefĆekeĆ¢ keĆ¢eĆe&veerefle GYejles ngS ceeFāŗeĆ¢es Deee|LekeĆ¢ heefjJesMe kesĆ¢ ĆeqĀ°iele jnsieer, DeehekeĆ¢e yeQkeĆ¢ Deheves DeĆĆs hetbpeerke=Ć¢le leguevehe$e SJeb Meeveoej JĆeJemeeĆe cee@[ue mes efve:mebosn DeevesJeeues Je<eeX ceW Deheves melele keĆ¢eĆe&efve<heeove keĆ¢es yeveeS jKesiee.
efJeĆ²eerĆe Je<e& 13 kesĆ¢ oewjeve DeehekeĆ¢e yeQkeĆ¢ Deheves YeewieesefuekeĆ¢ SJeb jCeveereflekeĆ¢ ueeYeeW leLee hetbpeer keĆ¢er MeefĆ²eĆ¢ keĆ¢er yeue hej Deheveer peceejeefMeĆeeW SJeb DeefieĆceeW, oesveeW ceeceueeW ceW yeepeej ceW Dehevee efnmmee yeĆ{evee peejer jKesiee. hetJe& keĆ¢er Yeebefle, DeehekeĆ¢e yeQkeĆ¢ Iejsuet keĆ¢emee peceejeefMeĆeeW ceW GĆĆe Je=efƦ keĆ¢es peejer jKeves hej OĆeeve keWĆ¢efƵle keĆ¢jsiee. DeehekeĆ¢e yeQkeĆ¢ efvecve SveheerS Devegheele kesĆ¢ ĆeqĀ° mes Deheveer Deeeqmle iegCeJeĆ²ee keĆ¢es yeveeS jKeves ceW keĆ¢esF& keĆ¢mej yeekeĆ¢er veneR jKesiee. Je<e& heĆefle Je<e& yesnlej heĆeJeOeeve keĆ¢Jejspe Devegheele yeveeS jKeves keĆ¢er DeehekesĆ¢ yeQkeĆ¢ keĆ¢er veerefle efkeĆ¢meer Yeer heĆefleketĆ¢ue Deee|LekeĆ¢ heefjeqmLeefleĆeeW keĆ¢e hetjer MeefĆ²eĆ¢ kesĆ¢ meeLe meecevee keĆ¢jves ceW meneĆekeĆ¢ nesieer.
Ćen veesÅ” keĆ¢j efueĆee peeS efkeĆ¢ $e+Ce mebefJeYeeie keĆ¢er Deeeqmle iegCeJeĆ²ee keĆ¢es yeveeS jKeves Je FmeceW megOeej keĆ¢jves kesĆ¢ efueS DeehekesĆ¢ yeQkeĆ¢ ves heĆYeeJeer JĆeJemLee keĆ¢er nw leeefkeĆ¢ KeeleeW keĆ¢er ĆeLeeMeerIeĆ meceer#ee, efveĆece Je MeleeX keĆ¢e Devegheeueve Je GĆĆe cetuĆe kesĆ¢ DeefieĆce KeeleeW ceW $e+Ce keĆ¢er jseEÅ”ie keĆ¢es yeĆ{eĆee pee mekesĆ¢.
Deheveer GĆĆe ueeYeheĆolee keĆ¢es yeveeS jKeles ngS, DeehekeĆ¢e yeQkeĆ¢ DeevesJeeues Je<eeX ceW Yeer heĆee&hle GĆĆe meerDeejSDeej Je efÅ”Ćej ā I keĆ¢e Devegheele yeveeS jKevee peejer jKesiee. ĆetbefkeĆ¢ DeehekeĆ¢e yeQkeĆ¢ meeceevĆe FeqkeƤJeÅ”er efpemeceW 31 ceeĆe& 2012 keĆ¢es ueieYeie 93% efÅ”Ćej ā I hetbpeer meeqcceefuele nw, kesĆ¢ meeLe yesnlej hetbpeer heĆee&hlelee Devegheele yeveeS ngS nw. FmeefueS FmekeĆ¢e yesmeue ā III ceW Ā¤heebleefjle nesvee DelĆeefOekeĆ¢ mejue nesiee.
ceeveJe mebmeeOeve keĆ¢eĆe&-veerefle, JĆeJemeeĆe Ā¤heeblejCe kesĆ¢ meceieĆ heĆĆeemeeW ceW DeehekesĆ¢ yeQkeĆ¢ keĆ¢e heĆcegKe IeÅ”keĆ¢ nw. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ heeme henues ner me#ece SJeb DelĆeefOekeĆ¢ heĆeslmeeefnle keĆ¢ce&ĆeeefjĆeeW keĆ¢e DeeOeej nw, efHeĆ¢j Yeer Fmeves ceefCeheeue iueesyeue SpĆetkesĆ¢Meve mee|Jemesme kesĆ¢ meeLe yeĆ[ewoe ceefCeheeue mketĆ¢ue Dee@]HeĆ¢ yeweEkeĆ¢ie kesĆ¢ Ā¤He ceW SkeĆ¢ veJeesvces<eer MegĀ¤Deele keĆ¢er nw, efpememes Ćen DeHes#ee nw efkeĆ¢ Jen DeehekesĆ¢ yeQkeĆ¢ keĆ¢es heĆefMeef#ele DeefOekeĆ¢ejer GheueyOe keĆ¢je heeSiee, efpevnW yeQkeĆ¢ keĆ¢er DeeJeMĆekeĆ¢leevegmeej heomLeeefhele efkeĆ¢Ćee peeSiee.
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Je<e& 2012 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ ves Jele&ceeve ceeveJe Ćewveue mebyebOeer heĆefāŗeĆ¢ĆeeDeeW, mebjĆevee Je veerefleĆeeW keĆ¢es heĆewĆ eesefiekeĆ¢er DeeOeeefjle JĆeJemeeĆe Ā¤heeblejCe kesĆ¢ DevegĀ¤he veĆee mJeĀ¤he heĆoeve keĆ¢jves nsleg kegĆ¢Ć keĆ¢oce G"eS nQ. ceeveJe mebmeeOeve Ā¤heeblejCe hej keWĆ¢efƵle 'mheMe&' heefjĆeespevee Fme ue#Će keĆ¢es heĆehle keĆ¢jves nsleg MegĀ¤ keĆ¢er ieF& nw. DeehekesĆ¢ yeQkeĆ¢ Ćeje G"eS ieS efJeefYeVe keĆ¢oce pewmes ā heĆefleYee heĆyebOeve, GĆ²ejeefOekeĆ¢ej Ćeespevee, SkeĆ¢ Jew%eeefvekeĆ¢ mÅ”eeEHeĆ¢ie cee@[ue Je ĆeceMeefĆ²eĆ¢ Ćeespevee keĆ¢e efvecee&Ce, efJekeĆ¢eme Je me#ecelee efvecee&Ce leLee keĆ¢eĆe&efve<heeove heĆyebOeve DeehekesĆ¢ yeQkeĆ¢ keĆ¢es Deeies ues peeves ceW leLee keĆ¢Ć[er JĆeeJemeeefĆekeĆ¢ ĆegveewefleĆeeW keĆ¢e meHeĆ¢ueleehetJe&keĆ¢ meecevee keĆ¢jves ceW DelĆeefOekeĆ¢ mekeĆ¢ejelcekeĆ¢ heefjCeece oWies.
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Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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Dear Stakeholder,
I am pleased to report that the year 2011-12 (FY12) was your Bank's fourth consecutive year of record income and profits post the global financial crisis. Once again, your Bankās performance has shown its resilience to economic volatility and proved the credibility of its business model and strategies. It gives me immense happiness to present before you the Annual Report and Financial Statements of Bank of Baroda for the year ended 31st March, 2012.
It is appropriate at the outset to review the business environment within which your Bank operated during the year under consideration.
Economic Review
The year FY12 has been challenging for the Indian economy. After two years of a fairly robust growth of 8.4%, Indiaās GDP growth is estimated at 6.9% for FY12 by the Central Statistical Organisation, Government of India. While agriculture and services sectors maintained good growth momentum during FY12, industrial sector slowed down sharply, led by the contraction in mining and manufacturing segments. Capacity utilization rates in various infrastructure industries, especially in cement and thermal power sectors declined significantly during FY12.
The Reserve Bank of Indiaās (RBI) monetary tightening continued with full vigour for most part of the year in response to the untamed inflationary pressures. The
headline (WPI) inflation averaged around 8.8% for the full year. Gradually, high levels of inflation gave way to a slowdown in the growth.
After the boom in capital inflows during FY11, rising global risk aversion and certain domestic concerns reduced the flows of capital. For instance, the portfolio inflows declined from US$ 32.2 billion in FY11 to US$ 18.9 billion in FY12. The rupee depreciated the most among major Asian currencies during calendar 2011 partly contributed by Indiaās widened current account deficit, primarily driven by high crude oil prices. Indiaās foreign exchange reserve position dwindled to US$ 295 billion by end-Mar, 2012 from a high of US$ 321 billion in early Sept, 2011.
While the demand for non-food credit of scheduled commercial banks (SCBs), especially term loans remained lacklustre for most part of FY12, the deposit growth too decelerated in the fourth quarter of FY12 reflecting tight liquidity conditions. After raising the policy rate by 375 basis points, the RBI took a pause in Dec, 2011 citing rising downside risks to growth.
Fragile economic environment, growing stresses on asset quality and depleting capital adequacy made several SCBs prefer government securities to commercial credit.
During FY12, Indiaās fiscal deficit increased to 5.9% of GDP, much in excess of the targeted 4.6% due to increased fuel subsidies and employment creation schemes.
M. D. MallyaChairman & Managing Director
ChAiRMAn'S StAtEMEnt
SustainedPerformance in
ChallengingEnvironment
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In short, the year FY12 was marked by interplay of several external and internal economic issues that impinged significantly on local businesses, in general, and the banking sector, in particular.
Bank of Baroda: Again Proved the Resilience of its Brand in FY12
Notwithstanding the challenging environment, your Bank was able to exploit the opportunities within the given environment and sustain its qualitatively superior performance during FY12.
Your Bank posted a very healthy growth of 25.9% in its global business ā way above the banking industryās average performance. On the back of healthy growth of 17.2% in its Net Interest Income, the Bank recorded Net Profit growth of 18.0% despite adverse pressures on Net Interest Margins (NIMs).
Your Bankās Return on Average Assets (ROAA) at 1.24%, Capital Adequacy at 14.67% and Return on Equity at 19.04% again provided an eloquent testimony to the financial soundness of your Bank.
Moreover, your Bank again proved its strength in the asset quality management by restricting its Gross NPA ratio at 1.53% and Net NPA ratio at 0.54% during FY12 ā one of the lowest in the large sized banking segment in India.
Strategic initiatives during FY12
With the aim to strengthen its business foundations, your Bank undertook several strategic initiatives during FY12.
After successfully migrating Data Centre to a new Data Centre in the Bankās own premises, your Bank expanded its Disaster Recovery Centre during the year to ensure uninterrupted banking services. Your Bank took various technology initiatives like windows server virtualisation, desktop virtualisation and backup consolidation as green initiatives and also to improve Data Centreās operational efficiency. Besides, your Bankās wide network was migrated to new technology based on Multiprotocol Label Switching (MPLS) for improving uptime and on demand upgrade. The Enterprise Management System too was upgraded and new modules were deployed to effectively manage and monitor your Bankās growing IT infrastructure.
In order to provide superior internet banking experience to its customers, your Bank migrated the Core Banking System (CBS) to higher version with enhanced features. Additionally, various new modules like Fixed Assets Maintenance, Sales Tracker Module, Centralized Service Tax, Bank Realisation Certificate (eBRC) Module, Account Number Portability and Workflow Automation for New Pension Scheme, Swavalamban, were implemented during the year under review. All CBS branches of your Bank are enabled for interbank remittances through RTGS and NEFT which have also been interfaced with your Bankās internet banking portal.
Your Bank continued to add more facilities under its Internet Banking channels. The Internet Banking -- Baroda Connect -- now provides speedy and secured facility to transfer funds to self, third party (within the Bank) and inter-bank. The SMS Alerts, RTGS/NEFT transactions are also provided in your Bankās internet portal. The ASBA (Application Supported by Blocked Amount) functionality has been introduced in Baroda Connect for online subscription to Initial Public Offers (IPOs) and Follow-on Public Offers (FPOs) to facilitate application for equity shares.
Your Bank added more facilities to the Mobile Banking channel through Baroda M-Connect viz. Balance Enquiry, Mini Statement, Linking of Multiple Accounts, Fund Transfer, Bill Payments, Ticket Booking, Shopping, Feedback/ Complaints etc.
By 31st March 2012, your Bankās ATM network expanded to 2,012. The ATM switch is now integrated with seven interchanges viz. National Switch NFS (NPCI), Visa, MasterCard, CBUAE (UAE), CBOMAN (Oman), Link (T&T), Paymark (New Zealand) to provide convenience to customers by increasing delivery points through ATMs. With a centralized depository application, your Bankās branches are now equipped to provide depository services for both NSDL as well as CDSL. With Online Trading System, your Bank will be able to provide a complete suite of online services to customers for trading in instruments like equities, mutual funds, bonds and initial public offering (IPOs).
Additionally, your Bank took several other IT related initiatives such as Internet Payment Gateway services for debit cards/credit cards, Cash Management System covering services like Receipt Management (Collections), Payment Management and Invoice Management (Receivable and Payable Management), Payment Messaging Solution (PMS) {that was implemented in 20 overseas territories and all authorised branches in India}, a grid based Cheque Truncation System (CTS) {implemented in NCR-New Delhi, Chennai, Coimbatore and Bangalore}, and initiation of an Automated Cheque Processing Centre (Inward & Outward) in Mumbai.
Your Bank also implemented the Human Resource Networking for Employees Service with the objective of creating a central database of Bank employees for facilitating speedy decision-making, promotion and selection exercise as also for automating other HR process.
Moreover, your Bank undertook measures to create Data Warehouse for providing flexible and interactive source of strategic information, Customer Relationship Management for better customer insight and uniform customer view across channels.
During the year FY12, your Bank took some major initiatives in its Retail Banking segment. It launched the BarodaFirst Wealth Pack, a combo of two products namely BarodaFirst
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Savings Bank and BarodaFirst Regular Deposit jointly with two Insurance Products namely ULIP & Term Insurance Plan. It also designed Baroda Samriddhi Quarterly Recurring Deposit and Baroda Samriddhi Half yearly Recurring Deposit Schemes meant especially for Agriculturists, Self Employed and Professionals.
A Sales Operating Model was rolled out at 163 Baroda Navnirman Branches {i.e. your Bankās project in Business Process Reengineering} for developing Sales & Service culture to generate business leads through transitioning service requests to sales conversation and data mining of existing/new profitable customers.
To accelerate the pace of Savings Bank Deposits accretion ā a tough challenge in rising interest rate scenario - your Bank launched several Savings Bank Deposit campaigns with incentives to the performing staff, such as āEvening with CMD & Picnic with Staffā for award winning Branches and Regional Offices.
Your Bank also launched a number of Retail Loan campaigns during the year to augment its Retail Loan Book with a special focus on Home Loans and Car Loans. Your Bank opened nine City Sales Offices one each at Haldwani, Raebarely, Faizabad, Raipur, Bhopal, Indore , Bengaluru, Ghaziabad and Rajkot. Going by the solid success of this lending model, three new Retail Loan factories were opened at Haldwani, Dehradun and Nasik by your Bank in FY12.
Understanding the need to redesign business strategies to incorporate specific plans to promote financial inclusion of low income group, treating it both as business opportunity as well as corporate social responsibility, your Bank made use of available resources including technology and business expertise and took concrete steps to promote the causes of Financial Inclusion during the year under review. The Financial Inclusion (FI) data and transactions were integrated to the CBS through an FI Server/Gateway of the service provider, kept in the Data Centre of the Bank. Your Bank issued Smart Cards to customers after uploading their accounts in CBS and effecting KYC verification by the link branches.
Your Bank tied-up with National Institute of Rural Development (NIRD), Hyderabad for designing and conducting special training program for its officers on FI. For increasing the pace of FI, your Bank introduced Mobile Banking vans, having connectivity to CBS through CDMA technology. Five such Vans (1 in Gujarat, 2 in UP, 1 in Bihar and 1 in Goa) have been made operational, which are covering 41 villages. Your Bank has already covered 100.0% villages allotted to it under the FI project. More than 7.61 lakh FI accounts were opened in these villages as against the target of 7.10 lakh.
To ensure adequate contribution of the Bank in meeting farmersā demand for agricultural credit and other financial needs of rural India, your Bank designed various products and business strategies during the year under Rural and
Agriculture lending. It identified 450 Thrust Branches across India to enhance Agriculture lending. As many as 22 area specific schemes were formulated to increase agricultural lending.
During FY12, your Bank opened ten more Baroda Swarojgar Vikas Sansthan (BSVS), the institutes for training the youth and imparting knowledge and skills required for taking up self-employment ventures, taking the total number of BSVS to 46. Thus, each of the Bankās Lead Districts has now a R-SETI as per the government guidelines. Moreover, Ajmer BSVS centre has been exclusively developed for women entrepreneurs. During FY12, 42,786 youth beneficiaries were trained out of which 25,791 have established self-employment ventures. Out of the total 1,22,228 beneficiaries trained by these centers so far, 75,050 have established their self employment ventures. Your Bank opened 21 new Financial Literacy & Credit Counseling Centres (FLCC) christened as āSARATHEEā during the year under review, taking the total number of FLCCs to 39 as on 31st March 2012.
The Micro, Small and Medium Enterprises (MSME) segment is a key source of economic growth and employment in India as in other parts of the world. Your Bank took several initiatives under MSME Business during the year under review. It opened ten New SME Loan Factories and eight New SME Specialized Branches during FY12. Also, your Bank introduced five new customer-centric area specific products to suit the local cluster needs. Bank introduced a new asset side product named as āBaroda Channel Financingā on a pilot basis.
Your Bank sponsored workshop on āManagement Skills to Source Financing and Management of Technology by SMEsā for entrepreneurs arranged by All India Management Association (AIMA) at Hyderabad, Ahmedabad and Jaipur. Your Bank even introduced āBaroda Entrepreneur Awardsā for Micro & Small enterprises.
Additionally, your Bank released a Booklet named as āPractical guide to Becoming An Entrepreneurā, inter alia, giving information on the Bankās SME products and āFrequently Asked Questionsā on Credit Guarantee Fund Trust For Micro And Small Enterprises (CGTMSE) scheme. Your Bank also signed a MoU with four different Credit Rating Agencies during FY12 for rating of SME accounts.
Business and Financial Achievements in FY12
As described earlier, your Bank delivered another cheery performance during FY12 despite difficult economic environment. As in the past three years, your Bankās performance on the business front was comfortably above the banking industryās average performance.
Your Bankās Global Business touched the mark of Rs 6,72,248 crore in FY12 posting a growth of 25.9% (y-o-y). In its Indian operations, its Deposits and Advances increased
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operating expenses. Your Bankās Capital Adequacy Ratio under Basel-II reached a sound level of 14.67% comprising 10.83% as Tier-I capital ratio as on 31st March 2012 ā again one of the highest in the state-owned banking segment.
Looking Forward
While Indiaās growth remains relatively high in the global context, various factors, including the unsettled global outlook and domestic policy concerns, have weighed on investment. Inflation has started moderating primarily on account of a favourable statistical base giving way to a modest decline in lending rates. Growth for FY13 is projected between 7.0% and 7.3% by various noted agencies, while risks from slow progress on policy front, high & volatile inflation and the global situation ā remain on the downside.
While your Bankās overall business strategy during FY13 will evolve in response to the emerging macroeconomic environment, your Bankās well capitalized balance-sheet and robust business model would, no doubt, enable it to sustain its consistent performance in the coming years also.
During FY13, your Bank will continue to expand its market share in both deposits and advances by exploiting its geographic & strategic advantages and capital strength. As in the past, your Bank will focus on maintaining a high growth in domestic CASA deposits. Your Bank will leave no stone unturned in maintaining its asset quality in terms of low NPA ratios. Your Bankās policy of maintaining healthy Provision Coverage Ratio year after year will certainly help it face any adverse economic situation with strength.
It may be noted that for maintaining and further improving the asset quality of the credit portfolio, your Bank has put in place an effective mechanism for ensuring expeditious review of accounts, compliance of terms and conditions and up-gradation in credit ratings in high value advance accounts.
Aided by its sustained high profitability, your Bank will continue to maintain sufficiently high CRAR and Tier 1 ratios in the coming years also. As your Bank has been maintaining healthy Capital Adequacy Ratio with common equity constituting around 93% of Tier I Capital as at end March 2012, its transition to Basel III regime would be extremely smooth.
Human Resource strategies have been a key component of your Bankās overall efforts for business transformation. Your Bank is already endowed with a competent and highly motivated employee base, yet it has initiated an innovative resourcing channel with Manipal Global Education Services. A newly set up Baroda Manipal School of Banking is expected to provide trained officers to your Bank, who shall be deployed against its specific requirements.
During FY12, your Bank took several steps to revamp its existing HR processes, structures and policies in order to support its technology-led business transformation.
healthily by 20.1% and 19.3%, respectively. Your Bankās Domestic Low-cost or CASA deposits grew by 15.9% (y-o-y) notwithstanding higher interest rates on retail term deposits and formed 33.2% share of the total Domestic Deposits in FY12.
Your Bankās Priority Sector Credit too recorded a decent growth of 19.5% during FY12 and formed 43.37% of its Adjusted Net Bank Credit (ANBC), comfortably surpassing the mandatory requirement of 40.0%. Your Bank posted a growth of 26.1% in its SME credit, 18.4% in Farm credit, 24.9% in Direct Agriculture credit and 10.0% in Retail credit reflecting a well-balanced growth across different sectors in tune with opportunities available within the system.
During FY12, the Total Business of your Bankās Overseas branches registered a robust growth of 44.6%. In Overseas Operations, your Bankās Customer Deposits increased healthily by 40.4%, Total Deposits by 45.2% and Advances by 43.9%. Supported by steady and better than industry average spreads and a good pool of fee-based income, your Bankās Gross Profit in Overseas operations posted a healthy growth of 48.5%.
It may be noted that your Bankās Overseas Business contributed 28.3% to its Global Business, 20.7% to Gross Profits and 34.0% to Core Fee-based Income. Besides, the Total Assets of the Bankās Overseas Operations increased from Rs 91,273 crore to Rs 1,28,398 crore registering a growth of 40.7% during the year FY12.
For the Bank as a whole, Gross Profits recorded a healthy growth of 23.6% to Rs 8,630.37 crore. Despite increased provisions, a stable momentum in Net Interest Income (NII), a good traction in non-interest income and a controlled growth of operating expenses raised your Bankās Net Profit in FY12 by a rich 18.0% (y-o-y) to Rs 5,007 crore, much above the street expectations. While, NII increased by 17.2% (y-o-y), Other Income (or Non-Interest Income) grew by 21.8% (y-o-y), primarily driven by impressive treasury gains and strong recovery from the written off accounts.
Despite an ongoing cyclical downturn, your Bank maintained one of the best asset qualities in the banking arena by the end of FY12. In line with its past record, your Bank succeeded in restricting its Gross NPAs to 1.53% and Net NPAs to 0.54% during FY12. The Bankās Loan Loss Coverage Ratio (including technical write-offs) too stood at the pristine level of 80.05% as on 31st March 2012.
In the domain of shareholdersā return and liquidity ratios, your Bank delivered better than its market guidance and maintained Return on Average Assets (ROAA) at 1.24%, Earnings per Share (EPS) at Rs 127.84 and the Book Value per Share (BVPS) at Rs 637.37. Furthermore, your Bankās Cost-Income ratio sharply declined from the previous yearās level of 39.87% to 37.55%, reflecting its consistently improving earnings profile and a prudent control over
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Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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A focused HR transformation project ā āāSPARShā has been introduced to achieve this goal. Various initiatives taken by your Bank such as Talent Management, Succession Planning, Creating a Scientific Staffing Model & Manpower Planning, Development & Capability Building and Performance Management will produce substantial results going forward enabling your Bank to successfully address tough business challenges.
Today, the major differentiator amongst the banking service providers is the quality of customer service. Your Bank enjoys the patronage of over 45 million global customers. Your Bank is committed and focused towards providing excellent Customer Service through all delivery channels and has been making continuous efforts for enhancing the level of customersā satisfaction by leveraging technology to provide e-products and alternative delivery channels best suited to the diverse needs of different customers. The varied interests and expectations of customers will be taken care of by further improving upon the various processes and procedures.
Bankās Corporate Goals and Strategy
Your Bank has articulated āBusiness Growth through higher Productivity, Efficiency and Profitabilityā as the motto for the year FY13.
During the year FY12, your Bank introduced its Brand in Sonic Medium by launching a āSignature Tuneā on the occasion of its Bankās Foundation Day on 20th July, 2011. The prime purpose was to highlight the spirit of the Bank as a vibrant and energetic organization complementing the Logo. Your Bank will draw its mileage in positioning it strongly in the global market.
Your Bankās Project Navnirmaan has various components covering both Business Process Re-engineering and Organization Re-structuring, aimed at transforming the Bankās branches into sales and service centres through sustained centralization. This is expected to make achieve sound sales growth, superior customer experience and alternate channel migration. Your Bank has plans to convert all its metro and urban branches into BarodaNext (i.e. a branch where BPR is rolled out) within a stipulated timeline. The initial impact of BarodaNext migration has been found to be rewarding both in terms of increased customer satisfaction and CASA growth. Creation of automated and lean Back Offices like City Back Office and Regional Back Office on a wider scale will certainly improve the efficiency and productivity of the Bankās human resources. Your Bank has already established two Contact Centres (i.e., Call Centres) one each at Lucknow and Baroda.
To sustain sales growth, a new Sales Operating Model has been rolled out in certain identified branches of your Bank.
Your Bank has started opening Mid-corporate branches to ensure focused credit dispensation to this specific segment of wholesale business. Further centralization initiatives are going to be piloted soon to enable these branches to become a āSales-cum Service Outletā.
Your Bankās consistent and stable performance across all business and financial parameters and superior leadership has earned it the approval of various national and international organizations during FY12.
Amongst several awards, in particular, your Bank has received the awards like Best Public Sector Bank (PSB) by CNBC-TV18 & MCX; the Golden Peacock Award for Excellence in Corporate Governance by the Institute of Directors & World Forum for Corporate Governance in London; the Dainik Bhaskar India Pride Award for 2011; the Most Efficient Bank in Kenya; the Best Initiatives in Inclusive Banking ā FIBC Banking Award; the Dun & Bradstreetās Leading PSB in āGlobal Business Development Categoryā, the National Award for Performance under the SME Business; the Award for Best Utilisation of Intellectual Resources; the Best Growing Large Bank by the Business World-PWC; the Business Leadership Award by NDTV- Best PSB in 2011; the Award for Excellence in Financial Reporting by the ICAI in PSB category; the Fastest Growing Large Bank by Business World-PWC; the UTV-Bloomberg Financial Leadership Award and the FM Stars Industry Brand Leadership Award.
Furthermore, your Bankās Brand Ranking increased by 47 notches in just a yearās time in the Top 500 Banking Brands by The Banker, London during FY12.
Your Bank wishes to protect its superior performance in the year FY13 also to earn awards for exceptional performance. So, it will try to maintain its position in terms of sound financial health, service excellence, strong corporate governance, desirability as an employer and solid contributions to national development.
In all its core businesses, your Bank has put strategies in place that seek both to address near-term challenges and to seize opportunities to strengthen its platform for the future.
In this exciting journey of your Bank, I solicit your continued support and patronage.
M. D. Mallya
Chairman & Managing Director
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Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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NOTICE is hereby given that the 16th ANNUAL GENERAL MEETING of the shareholders of BANK OF BARODA will be held on Thursday, 28th June 2012 at 10.30 a.m. at Sir Sayajirao Nagargriha, Vadodara Mahanagar Seva Sadan, Bank of Baroda Centenary Year (2007-2008), T.P. - 1, F.P. 549/1, Near GEB Colony, Old Padra Road, Akota, Vadodara ā 390020, to transact the following business:
1. To discuss, approve and adopt the Balance Sheet of the Bank as at 31st March 2012, Profit and Loss Account for the year ended 31st March, 2012, the report of the Board of Directors on the working and activities of the Bank for the period covered by the accounts and the Auditorās Report on the Balance Sheet and Accounts.
2. To declare dividend for the year 2011-12.
Place : Mumbai M. D. MallyaDate : 22/5/12 Chairman and Managing Director
veesefŔme / NOTICE
yeQkeĆ¢ Dee]@HeĆ¢ yeĆ[ewoe BANK OF BARODA
HeĆOeeve keĆ¢eĆee&ueĆe : ceeb[Jeer, Je[esoje- 390 006Head Office : Mandvi, Vadodara ā 390 006
keĆ¢eheexjsÅ” keĆ¢eĆee&ueĆe : yeĆ[ewoe keĆ¢eheexjsÅ” meWÅ”j, meer-26, āpeerā yuee@keĆ¢,yeebƵe kegĆ¢uee& keĆ¢echeueskeƤme, yeebƵe (hetJe&), cegcyeF& - 400 051.
Corporate Office: Baroda Corporate Centre,C-26, āGā Block, Bandra Kurla Complex, Bandra (East), MUMBAI 400 051
(Website: www.bankofbaroda.com)
SleodĆeje metefĆele efkeĆ¢Ćee peelee nw efkeĆ¢ yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe kesĆ¢ MesĆejOeejkeĆ¢eW keĆ¢er 16JeeR Jeee|<ekeĆ¢ meeceevĆe yew"keĆ¢ mej meĆeepeerjeJe veiejie=n, Je[esoje ceneveiej mesJee meove, yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe Meleeyoer Je<e& (2007-2008), Å”erheer-1, SHeĆ¢heer.549/1, peerF&yeer keĆ¢e@ueesveer kesĆ¢ heeme, Deesu[ heeoje jes[, DekeĆ¢esÅ”e-Je[esoje-390 020 ceW iegĀ®Jeej efo.28 petve, 2012 keĆ¢es heĆele: 10.30 yepes DeeĆeesefpele nesieer. FmeceW efvecveefueefKele keĆ¢ejesyeej mebĆeeefuele neWies
1. yeQkeĆ¢ keĆ¢e 31 ceeĆe&, 2012 kesĆ¢ leguevehe$e, 31 ceeĆe&, 2012 keĆ¢es meceehle Je<e& kesĆ¢ ueeYe-neefve uesKee, uesKeeW ceW meceeefnle DeJeefOe kesĆ¢ keĆ¢eĆe&efve<heeove leLee keĆ¢eĆe&keĆ¢ueeheeW hej efveosMekeĆ¢ ceb[ue keĆ¢er efjheesÅ”& Deewj legueve-he$e SJeb uesKeeW hej uesKeeW hejer#ekeĆ¢eW keĆ¢er efjheesÅ”& hej efJeĆeej-efJeceMe&, Devegceesove Je FvnW mJeerkeĆ¢ej keĆ¢jvee.
2. Je<e& 2011-12 kesĆ¢ efueS ueeYeebMe keĆ¢er Iees<eCee keĆ¢jvee.
mLeeve : cegbyeF& (Sce. [er. ceuĆee)leejerKe : 22/5/12 DeOĆe#e SJeb HeĆyebOe efveosMekeĆ¢
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Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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1. Appointment of Proxy
A SHAREHOLDER ENTITLED TO ATTEND AND VOTE AT THE MEETING IS ENTITLED TO APPOINT A PROXY (OTHER THAN AN OFFICER OR AN EMPLOYEE OF THE BANK) TO ATTEND AND VOTE INSTEAD OF HIMSELF/HERSELF AND THE PROXY NEED NOT BE A SHAREHOLDER OF THE BANK. No instrument of Proxy shall be valid unless it is in Form āBā as annexed in the Annual Report. The Proxy, in order to be effective, must be received at Head Office situated at Bank of Baroda, KYC & AML Department, 08th Floor, Suraj Plaza ā I, Sayajiganj, Vadodara 390 005 not less than four days before the date of meeting i.e. on or before the closing hours of the Bank at 2.00 p.m. on Saturday, 23rd June 2012, together with the Power of Attorney or other authority, if any, under which it is signed or a copy of that Power of Attorney or other authority certified as a true copy by a Notary Public or a Magistrate unless such Power of Attorney or other authority has been previously deposited and registered with the Bank.
2. Appointment of Representative
No person shall be entitled to attend or vote at the meeting as a duly authorized representative of a Company unless a copy of the resolution appointing him as a duly authorized representative, certified to be true copy by the Chairman of the meeting at which it was passed shall have been deposited at the Head Office of the Bank at the address given above, not later than four days before the date of meeting i.e. on or before the closing hours of the Bank at
2.00 p.m. on Saturday, 23rd June 2012.
3. Attendance Slip-Cum Entry Pass
For convenience of the Shareholders, Attendance Slip-cum-Entry Pass is annexed to this Notice. Shareholders are requested to fill-in and affix their signatures at the space provided therein so as to save time and hand over the same at the venue of the Meeting. Proxy / Representative of the shareholder should state on the attendance slip as "Proxy" or "Representative", as the case may be.
4. Closure of Register of Shareholders
The Register of Shareholders and Share Transfer Books of the Bank will remain closed from 16th June 2012 to 28th June 2012 (both days inclusive) for the purpose of Annual General Meeting and payment of dividend for the year 2011-12.
5. Payment of Dividend
The Board of Directors of the Bank in its meeting held on 4th May 2012 has recommended dividend @ Rs. 17/- (Rupees Seventeen only) per equity share of Rs.10/- each fully paid up, for the financial year ended 31st March 2012. Dividend as recommended by the Board of Directors and approved at the 16th Annual General Meeting will be paid as under:
efÅ”HHeefCeĆeeb / NOTES
1. HeĆe@keƤmeer keĆ¢er efveĆegefkeƤle
yew"keĆ¢ ceW Yeeie uesves Deewj cele osves kesĆ¢ efueS hee$e MesĆejOeejkeĆ¢ yew"keĆ¢ ceW Yeeie uesves Deewj cele osves kesĆ¢ efueS Deheves mLeeve hej heĆe@keƤmeer efveĆegĆ²eĆ¢ keĆ¢j mekesĆ¢iee /mekesĆ¢ieer (yeQkeĆ¢ kesĆ¢ efkeĆ¢meer DeefOekeĆ¢ejer DeLeJee keĆ¢ce&Ćeejer kesĆ¢ DeueeJee efkeĆ¢meer DevĆe keĆ¢es) Deewj Ćen DeeJeMĆekeĆ¢ veneR nesiee efkeĆ¢ efveĆegĆ²eĆ¢ heĆe@keƤmeer yeQkeĆ¢ keĆ¢e MesĆej OeejkeĆ¢ nes. heĆe@keƤmeer keĆ¢e keĆ¢esF& Yeer efJeuesKe leYeer JewOe ceevee peeSiee, peye Jen Jeee|<ekeĆ¢ efjheesÅ”& kesĆ¢ meeLe Yespes ieS HeĆ¢ece& "yeer" ceW Yeje ieĆee nes. GĆ²eĆ¢ heĆe@keƤmeer leYeer heĆYeeJeer ceeveer peeSieer Ćeefo Ćen yew"keĆ¢ keĆ¢er leejerKe mes keĆ¢ce mes keĆ¢ce 4 efove hetJe& DeLee&le MeefveJeej, 23 petve, 2012 keĆ¢es oeshenj 2.00 yepes lekeĆ¢ Ćee Gmemes hetJe& yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe, kesĆ¢JeeĆemeer SC[ SSceSue efJeYeeie, 8Jeeb leue, metjpe hueepee-l , meĆeepeeriebpe, yeĆ[ewoe-390 005 eqmLele heĆOeeve keĆ¢eĆee&ueĆe ceW heĆehle nes peeSieer Deewj FmekesĆ¢ meeLe cegKleejveecee DeLeJee DevĆe heĆeefOekeĆ¢ej he$e, Ćeefo nes, efpemekesĆ¢ DeOeerve Fmes nmlee#eefjle efkeĆ¢Ćee ieĆee nw Ćee cegKleejveecee DeLeJee heĆeefOekeĆ¢ej he$e keĆ¢er heĆefle pees efkeĆ¢ veesÅ”jer heeqyuekeĆ¢ DeLeJee ceefpemÅ”sÅ” Ćeje melĆeheĆefle kesĆ¢ Ā¤he ceW melĆeeefhele nes, keĆ¢es Yeer meeLe ceW Yespee peeSiee, Ćeefo GĆ²eĆ¢ cegKleejveecee DeLeJee DevĆe heĆeefOekeĆ¢ej he$e hetJe& ceW yeQkeĆ¢ ceW pecee Deewj hebpeerke=Ć¢le ve efkeĆ¢Ćee ieĆee nes.
2. HeĆefleefveefOe keĆ¢er efveĆegefkeƤle
keĆ¢esF& Yeer JĆeefĆ²eĆ¢ efkeĆ¢meer kebĆ¢heveer kesĆ¢ efJeefOeJele heĆefleefveefOe kesĆ¢ Ā¤he ceW yew"keĆ¢ ceW Yeeie uesves DeLeJee JeesÅ” osves kesĆ¢ efueS leye lekeĆ¢ hee$e veneR nesiee peye efkeĆ¢ Gmes SkeĆ¢ ĆeLeeefJeefOe heĆeefOeke=Ć¢le heĆefleefveefOe kesĆ¢ Ā¤he ceW efveĆegĆ²eĆ¢ keĆ¢jves mebyebOeer mebkeĆ¢uhe keĆ¢er SkeĆ¢ heĆefle, efpemes Gme yew"keĆ¢, efpemeceW Ćen heeefjle efkeĆ¢Ćee ieĆee Lee, kesĆ¢ DeOĆe#e Ćeje SkeĆ¢ melĆe heĆefleefueefhe kesĆ¢ Ā¤he ceW DeefYeheĆceeefCele efkeĆ¢Ćee ieĆee nes, yew"keĆ¢ keĆ¢er leejerKe mes 4 efove hetJe& DeLee&le MeefveJeej, 23 petve, 2012 keĆ¢es oeshenj 2.00 yepes Ćee Fmemes henues yeQkeĆ¢ kesĆ¢ heĆOeeve keĆ¢eĆee&ueĆe ceW GhejesĆ²eĆ¢ heles hej pecee ve keĆ¢j efoĆee ieĆee nes.
3. GHeefmLeefle - HeĆeea men HeĆJesMe He$e
MesĆejOeejkeĆ¢eW keĆ¢er megefJeOee nsleg Fme efjheesÅ”& kesĆ¢ meeLe GheeqmLele heĆeea men heĆJesMe he$e mebueive nw. MesĆejOeejkeĆ¢eW mes DevegjesOe nw efkeĆ¢ GheeqmLeefle heĆeea YejkeĆ¢j Deewj GmeceW oMee&S ieS mLeeve hej Deheves nmlee#ej keĆ¢jkesĆ¢, Fmes yew"keĆ¢ mLeue hej meeQhe oW. MesĆejOeejkeĆ¢ kesĆ¢ heĆe@keƤmeer /heĆefleefveefOe keĆ¢es GheeqmLeefle heĆeea hej ĆeLeeeqmLeefle "heĆe@keƤmeer" Ćee "heĆefleefveefOe" pewmeer Yeer eqmLeefle nes, DebefkeĆ¢le keĆ¢jvee ĆeeefnS.
4. MesĆejOeejkeĆ¢ - jefpemÅ”j keĆ¢e yebo nesvee
yeQkeĆ¢ kesĆ¢ MesĆejOeejkeĆ¢eW keĆ¢e jefpemÅ”j leLee MesĆej DeblejCe jefpemÅ”j 16 petve, 2012 mes 28 petve, 2012 lekeĆ¢ (oesveeW efove meefnle) Jeee|<ekeĆ¢ meeceevĆe yew"keĆ¢ leLee Je<e& 2011-12 kesĆ¢ ueeYeebMe Yegieleeve keĆ¢jves kesĆ¢ GƶsMĆe mes yebo jnsiee.
5. ueeYeebMe keĆ¢e Yegieleeve
yeQkeĆ¢ kesĆ¢ efveosMekeĆ¢ ceb[ue ves 4 ceF&, 2012 keĆ¢es DeeĆeesefpele Deheveer yew"keĆ¢ ceW 31 ceeĆe&, 2012 keĆ¢es meceehle efJeĆ²eerĆe Je<e& kesĆ¢ efueS hetCe& heĆoĆ²e heĆlĆeskeĆ¢ Ā®.10/- kesĆ¢ HetCe& Ćøeolle MesĆej kesĆ¢ efueS Ā®.17/- (Ā®heS me$en cee$e) keĆ¢er oj mes ueeYeebMe mebmlegle efkeĆ¢Ćee nw. efveosMekeĆ¢ ceb[ue Ćeje mebmlegle leLee 16JeeR Jeee|<ekeĆ¢ meeceevĆe yew"keĆ¢ ceW Devegceesefole ueeYeebMe keĆ¢e Yegieleeve efvecveevegmeej efkeĆ¢Ćee peeSiee.
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a) To all beneficial owners in respect of shares held in electronic form as per the data as may be made available by the National Securities Depository Limited (NSDL) and the Central Depository Services (India) Limited (CDSL) as of the close of the business hours on 15th June 2012.
b) To all the members in respect of shares held in physical form after giving effect to valid transfers in respect of transfer requests lodged with the Bank / Bankās Registrar and Share Transfer Agent i.e. M/s Karvy Computershare Private Limited, Hyderabad (RTA) on or before the close of business hours on 15th June 2012.
c) The dividends will be distributed to the eligible shareholders within 30 days from the date of the 16th Annual General Meeting.
6. Change of Address / Dividend Mandate
a) Members holding shares in electronic form are hereby informed that bank particulars registered against their respective depository account will be used by the Bank for payment of dividend. The Bank or its Registrar and Share Transfer Agent can not act on any request received directly from the members holding shares in electronic form for any change of bank particulars or bank mandates. Such changes are to be advised only to the Depository Participant of the Members.
b) Members holding shares in physical form are requested to advise any change of address immediately to the Bankās Registrar and Share Transfer Agent, i.e. M/s Karvy Computershare Private Limited, Hyderabad. Members holding shares in electronic form must send the advice about change in address to their respective Depository Participant only and not to the Bank or Bankās Registrar and Share Transfer Agent.
c) Members are requested to invariably quote their respective folio number/s (for those holding shares in physical form) and their respective DP Id / Client Id number (for those holding shares in electronic form) in any correspondence with the Bank or Bankās Registrar and Share Transfer Agent.
7. Consolidation of Folios
The Members holding shares in physical form in identical order of names in more than one account are requested to intimate to the Bankās Registrar and Share Transfer Agent, the ledger folio of such accounts together with the share certificates to enable them to consolidate all the holdings into one account. The share certificates will be returned to the members after making necessary endorsement in due course.
8. Dematerialization of Physical holdings
The Shareholders who are holding shares in physical mode may convert their holdings in dematerialized form, for which they may contact their respective Depository Participant, where they maintain their respective de-mat account.
keĆ¢) 15 petve, 2012 keĆ¢es keĆ¢ejesyeej meceĆe keĆ¢er meceeeqhle hej vesMeveue efmekeƤĆetefjÅ”erpe ef[hee@efÅ”jer efueefceÅ”s[ (SveSme[erSue) Deewj meWÅ”^ue ef[hee@efpeÅ”jer mee|Jemesme (Fbef[Ćee) efue. (meer[erSmeSue) Ćeje GheueyOe keĆ¢jeS ieS DeebkeĆ¢Ć[s kesĆ¢ Devegmeej FueskeĆ¤Å”^e@efvekeĆ¢ Ā¤he ceW Oeeefjle MesĆejeW kesĆ¢ mebyebOe ceW meYeer ueeYeeLeea MesĆejOeejkeĆ¢eW keĆ¢es.
Ke) 15 petve, 2012 keĆ¢es keĆ¢ejesyeej meceĆe keĆ¢er meceeeqhle keĆ¢es Ćee Fmemes hetJe& yeQkeĆ¢ / yeQkeĆ¢ kesĆ¢ jefpemÅ”^ej Deewj MesĆej DeblejCe SpeWÅ” DeLee&le cesmeme& keĆ¢eJeea kebĆ¢hĆetÅ”jMesĆej heĆe.efue.nwojeyeeo (DeejÅ”erS) kesĆ¢ heeme ope& MesĆej nmleeblejCe DevegjesOe kesĆ¢ mebyebOe ceW JewOe nmleevlejCe heĆYeeJeer keĆ¢jves kesĆ¢ heĀ§eeled YeeweflekeĆ¢ Ā¤he ceW Oeeefjle MesĆejeW kesĆ¢ mebyebOe ceW meYeer meomĆeeW keĆ¢es.
ie) 16JeeR Jeee|<ekeĆ¢ meeceevĆe yew"keĆ¢ keĆ¢er leejerKe mes 30 efove kesĆ¢ Deboj hee$e MesĆejOeejkeĆ¢eW keĆ¢es ueeYeebMe efJeleefjle efkeĆ¢Ćee peeSiee.
6. [ekeĆ¢ Helee / ueeYeebMe DeefOeosMe ceW HeefjJele&ve keĆ¢) FueskeĆ¤Å”^e@efvekeĆ¢ Ā¤he ceW MesĆej jKeves Jeeues meomĆeeW keĆ¢es SleodĆeje metefĆele
efkeĆ¢Ćee peelee nw efkeĆ¢ GvekesĆ¢ mebyebefOele ef[heeefpeÅ”jer Keeles ceW hebpeerke=Ć¢le yeQkeĆ¢ efJeJejCeeW keĆ¢es yeQkeĆ¢ Ćeje ueeYeebMe keĆ¢e Yegieleeve keĆ¢jves kesĆ¢ efueS GheĆeesie ceW ueeĆee peeSiee. yeQkeĆ¢ DeLeJee FmekeĆ¢e jefpemÅ”^ej Deewj MesĆej nmleeblejCe SpeWÅ”, FueskeĆ¤Å”^e@efvekeĆ¢ Ā¤he ceW MesĆej jKeves Jeeues meomĆeeW kesĆ¢ meerOes ner heĆehle Ssmes efkeĆ¢meer DevegjesOe hej keĆ¢eĆe&Jeener veneR keĆ¢jsiee pees yeQkeĆ¢ efJeJejCeeW DeLeJee yeQkeĆ¢ ceW[sÅ” mes mebyebefOele neWies. Ssmes heefjJele&veeW keĆ¢er metĆevee kesĆ¢Jeue meomĆeeW kesĆ¢ ef[hee@efpeÅ”jer menYeeieer keĆ¢es ner oer peeveer ĆeeefnS.
Ke) YeeweflekeĆ¢ Ā¤he ceW MesĆej jKeves Jeeues meomĆeeW mes DevegjesOe nw efkeĆ¢ Ćeefo GvekesĆ¢ heles ceW keĆ¢esF& heefjJele&ve nes lees FmekeĆ¢er metĆevee lelkeĆ¢eue yeQkeĆ¢ kesĆ¢ jefpemÅ”^ej Deewj MesĆej nmleeblejCe SpeWÅ” DeLee&le cesmeme& keĆ¢eJeea kebĆ¢hĆetÅ”jMesĆej heĆe.efue.nwojeyeeo keĆ¢es oW. FueskeĆ¤Å”^e@efvekeĆ¢ Ā¤he ceW MesĆej jKevesJeeues meomĆeeW keĆ¢es Deheves heles ceW efkeĆ¢meer heĆkeĆ¢ej kesĆ¢ heefjJele&ve keĆ¢er metĆevee DeJeMĆe ner Deheves mebyebefOele ef[hee@efpeÅ”jer menYeeieer keĆ¢es osveer ĆeeefnS. yeQkeĆ¢ DeLeJee yeQkeĆ¢ kesĆ¢ jefpemÅ”^ej Deewj MesĆej nmleeblejCe SpeWÅ” keĆ¢es metĆevee osves keĆ¢er DeeJeMĆekeĆ¢lee veneR nw.
ie) meomĆeeW mes DevegjesOe nw efkeĆ¢ Jes yeQkeĆ¢ DeLeJee yeQkeĆ¢ kesĆ¢ jefpemÅ”^ej Deewj MesĆej nmleeblejCe SpeWÅ” kesĆ¢ meeLe efkeĆ¢meer Yeer heĆkeĆ¢ej kesĆ¢ he$e-JĆeJenej ceW Deheves mebyebefOele HeĆ¢esefueĆees vebyej (GvekesĆ¢ efueS, efpevekesĆ¢ heeme MesĆej YeeweflekeĆ¢ Ā¤he ceW nw) Deewj Dehevee [erheer DeeF&[er/ieĆenkeĆ¢ DeeF&[er vebyej (GvekesĆ¢ efueS, efpevekesĆ¢ heeme MesĆej FueskeĆ¤Å”^e@efvekeĆ¢ Ā¤he ceW nQ) keĆ¢e GuuesKe DeJeMĆe keĆ¢jW.
7. HeĆ¢esefueĆees keĆ¢e meceskeĆ¢ve efpeve MesĆejOeejkeĆ¢eW kesĆ¢ heeme SkeĆ¢ mes DeefOekeĆ¢ Keeles ceW Deheves meceĀ¤he veece mes
MesĆej nQ, Gvemes DevegjesOe nw efkeĆ¢ Jes yeQkeĆ¢ kesĆ¢ jefpemÅ”^ej SJeb DeblejCe SpeWÅ” keĆ¢es MesĆej heĆceeCe-he$eeW kesĆ¢ meeLe Ssmes KeeleeW kesĆ¢ efueS uespej HeĆ¢esefueĆees keĆ¢er metĆevee oW leeefkeĆ¢ Jes SkeĆ¢ Keeles ceW meYeer Oeeefjle MesĆejeW keĆ¢e meceskeĆ¢ve keĆ¢j mekesĆ¢. he=ā¦ebkeĆ¢ve mebyebOeer DeeJeMĆekeĆ¢ keĆ¢ej&JeeF& keĆ¢jves kesĆ¢ yeeo meomĆeeW keĆ¢es MesĆej heĆceeCe he$e ĆeLeemeceĆe ueewÅ”e efoS peeSbies.
8. YeeweflekeĆ¢Ā¤heceWMesĆejOeeefjleekeĆ¢eDeYeeweflekeĆ¢erkeĆ¢jCe YeeweflekeĆ¢ Ā¤he ceW MesĆej jKevesJeeues MesĆejOeejkeĆ¢ Deheveer MesĆej Oeeefjlee keĆ¢e
DeYeeweflekeĆ¢erkeĆ¢jCe keĆ¢j mekeĆ¢les nQ, FmekesĆ¢ efueS GvnW Deheves Gme mebyebefOele ef[hee@efpeÅ”jer menYeeieer mes mebheke&Ć¢ keĆ¢jvee ĆeeefnS peneb GvekeĆ¢e Dehevee [ercesÅ” Keelee nw.
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9. Lodgments for transfers
Share Certificate along with transfer deed should be forwarded to the Bankās Registrar and Share Transfer Agent at the following address.
M/s Karvy Computershare Private Ltd.,
(Unit :- BANK OF BARODA)
Plot No. 17-24, Vithalrao Nagar,
Near Image Hospital, Madhapur,
Hyderabad ā 500 081
Phone No. 040 2342 0815 to 820, Fax No. 040 2342 0814
E- mail : [email protected]
10. Unclaimed Dividend, if any
The Shareholders who have not encashed their dividend warrants for the previous years are advised to approach the Bankās Registrar and Share Transfer Agent at aforesaid address or at Bankās Investorsā Services Deptt. at Mumbai on the following address :
Investorsā Services Deptt
Bank of Baroda, 1st Floor, Baroda Corporate Centre,
C-26, G-Block, Bandra Kurla Complex,
Bandra (E), MUMBAI - 400 051.
E-mail - [email protected]
Shareholders are requested to carefully note that pursuant to amendment in Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 vide āThe Banking Companies (Acquisition and Transfer of Undertakings) And Financial Institutions Laws (Amendment) Act, 2006, Public Sector Banks are required to transfer amount remaining unpaid/unclaimed in dividend accounts of earlier years on the commencement of the aforesaid Act, and also dividend declared after the commencement of the said Act, to āUnpaid Dividend Accountā.
The amount transferred to the said āUnpaid Dividend Accountsā and remaining unclaimed/unpaid for a period of seven years from the date of transfer, is required to be transferred to the Investors Education and Protection Fund established under sub-section (I) of section 205 C of the Companies Act, 1956, which shall be used for the purpose and in the manner specified in section 205 C of the Companies Act, 1956 and thereafter no claim for payment shall lie in respect thereof to the Bank or the Fund.
11. Request to Members
Please note that copies of the Annual Report will not be distributed at the Annual General Meeting and hence members are requested to bring their copies of the Annual Report at the meeting.
9. DeblejCeeW kesĆ¢ efueS HeĆmlegleerkeĆ¢jCe
MesĆej heĆceeCe-he$eeW keĆ¢es DeblejCe efJeuesKeeW kesĆ¢ meeLe yeQkeĆ¢ kesĆ¢ jefpemÅ”^ej SJeb MesĆej DeblejCe SpeWÅ” kesĆ¢ heeme efvecveefueefKele heles hej Yespee peevee ĆeeefnS-
cewmeme& keĆ¢eJeea keĆ¢cHĆetÅ”jMesĆej HeĆe.efue. (FkeĆ¢eF& : yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe) Huee@Å” meb.17-24, efJeĆŗuejeJe veiej, Fcespe ne@efmheÅ”ue kesĆ¢ efvekeĆ¢Å”, ceeOeeHegj, nwojeyeeo - 500 081 Å”sueerHeĆ¢esve : 040 2342 0815 mes 820 HewĆ¢keƤme : 040 2342 0814 F&-cesue : [email protected]
10. oeJee ve efkeĆ¢S ieS ueeYeebMe, Ćeefo keĆ¢esF& nes
efpeve MesĆejOeejkeĆ¢eW ves efheĆues Je<eeX kesĆ¢ Deheves ueeYeebMe he$eeW keĆ¢e vekeĆ¢oerkeĆ¢jCe ve keĆ¢jeĆee nes DeLeJee ueeYeebMe he$e GvnW heĆehle ve ngS neW, GvnW metefĆele efkeĆ¢Ćee peelee nw efkeĆ¢ Jes yeQkeĆ¢ kesĆ¢ jefpemÅ”^ej SJeb DeblejCe SpeWÅ” nwojeyeeo DeLeJee yeQkeĆ¢ kesĆ¢ efveJesMekeĆ¢ mesJeeSb efJeYeeie, cegbyeF& mes efvecveefueefKele heles hej meerOes mebheke&Ć¢ keĆ¢jW:
efveJesMekeĆ¢ mesJeeSb efJeYeeie yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe, HeĆLece leue, yeĆ[ewoe keĆ¢eHeexjsÅ” meWÅ”j meer-26, peer-yuee@keĆ¢, yeevƵe kegĆ¢uee& keĆ¢e@cHeueskeƤme, yeevƵe (HetJe&), cegbyeF& - 400 051 F&-cesue - [email protected]
MesĆejOeejkeĆ¢ ke=Ć¢heĆee veesÅ” keĆ¢j ueW efkeĆ¢ yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece,1970 ceW mebMeesOeve kesĆ¢ HeĆ¢uemJeĀ¤he yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) leLee efJeĆ²eerĆe mebmLeeve efJeefOe (mebMeesOeve) DeefOeefveĆece, 2006 kesĆ¢ ceƶsve]pej meeJe&peefvekeĆ¢ #es$e kesĆ¢ yeQkeĆ¢eW kesĆ¢ efueS Ćen DeefveJeeĆe& nw efkeĆ¢ Jes GĆ²eĆ¢ DeefOeefveĆece ueeiet nesves kesĆ¢ HeĆ¢uemJeĀ¤he Yegieleeve nsleg /oeJee nsleg Mes<e ueeYeebMe keĆ¢er jeefMe leLee GĆ²eĆ¢ DeefOeefveĆece ueeiet nesves kesĆ¢ yeeo Ieesef<ele ueeYeebMe "DeheĆoĆ²e ueeYeebMe Keeles" ceW Debleefjle keĆ¢jW.
"DeheĆoĆ²e ueeYeebMe Keeles" ceW Debleefjle jeefMe jeefMe Deewj DeblejCe keĆ¢er leejerKe mes meele Je<e& keĆ¢er DeJeefOe Ćes DeoeJeeke=Ć¢le/DeheĆoĆ²e jeefMe keĆ¢es kebĆ¢heveer DeefOeefveĆece, 1956 keĆ¢er Oeeje 205 (meer) keĆ¢er Ghe Oeeje (I) kesĆ¢ Debleie&le mLeeefhele efveJesMekeĆ¢ efMe#ee Deewj mebj#eCe efveefOe ceW Debleefjle efkeĆ¢Ćee peevee Dehesef#ele nw. Fme jeefMe keĆ¢e GheĆeesie kebĆ¢heveer DeefOeefveĆece, 1956 keĆ¢er Oeeje 205 meer kesĆ¢ Debleie&le GequueefKele GƶsMĆe mes leLee ĆeLeeefJeefOe efkeĆ¢Ćee peeSiee Deewj GmekesĆ¢ heĀ§eele Fme mebyebOe ceW Yegieleeve kesĆ¢ efueS keĆ¢esF& oeJee yeQkeĆ¢ keĆ¢es Ćee efveefOe keĆ¢es heĆmlegle veneR efkeĆ¢Ćee peeSiee.
11. meomĆeeW mes DevegjesOe
ke=Ć¢heĆee veesÅ” keĆ¢jW efkeĆ¢ Jeee|<ekeĆ¢ meeceevĆe yew"keĆ¢ ceW Jeee|<ekeĆ¢ efjheesÅ”& keĆ¢er heĆefleĆeeb efJeleefjle veneR keĆ¢er peeSbieer. Dele: meomĆeeW mes DevegjesOe nw efkeĆ¢ Jes yew"keĆ¢ ceW Jeee|<ekeĆ¢ efjheesÅ”& keĆ¢er heĆefle meeLe ueskeĆ¢j DeeSb.
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efveosMekeĆ¢eW keĆ¢er efjHeesÅ”&
keĆ¢eĆe&efve<heeoveā¢ kegĆ¢ue keĆ¢ejesyeej (pecee SJeb DeefieĆce) yeĆ{keĆ¢j Ā®.6,72,248 keĆ¢jesĆ[ nes
ieĆee. Fme heĆkeĆ¢ej FveceW 25.86% keĆ¢er Je=efƦ ngF&.
ā¢ mekeĆ¢ue ueeYe SJeb MegƦ ueeYe āŗeĆ¢ceMe: Ā®.8,580.62 keĆ¢jesĆ[ SJeb Ā®.5,006.96 keĆ¢jesĆ[ jne. MegƦ ueeYe ceW efheĆues Je<e& keĆ¢er leguevee ceW 18.04% keĆ¢er Je=efƦ ngF&.
ā¢ $e+Ce pecee Devegheele efheĆues Je<e& kesĆ¢ 86.77% keĆ¢er leguevee ceW 86.86% jne.
ā¢ Kegoje $e+CeeW ceW 9.97% keĆ¢er Je=efƦ ngF& Deewj Ćen efJeĆ²eerĆe Je<e& 2012 ceW yeWkeĆ¢ kesĆ¢ mekeĆ¢ue Iejsuet $e+CeeW keĆ¢e 17.36% jne.
ā¢ JewefĆekeĆ¢ heefjĆeeueveeW ceW MegƦ yĆeepe Deblej (SveDeeF&Sce) yĆeepe Depe&keĆ¢ DeeeqmleĆeeW kesĆ¢ heĆefleMele kesĆ¢ Ā¤he ceW 2.97% SJeb Iejsuet heefjĆeeueveeW ceW 3.51% kesĆ¢ mlej hej jne.
ā¢ MegƦ DeefieĆceeW ceW MegƦ iewj efve<heeokeĆ¢ DeeeqmleĆeeb 0.54% jneR peyeefkeĆ¢ efheĆues Je<e& Ćen 0.35% Leer.
ā¢ hetbpeer heĆee&hlelee Devegheele (meerSDeej) yeemesue II kesĆ¢ Devegmeej 14.67% jne.
ā¢ MegƦ ceeefueĆele megOej keĆ¢j Ā®.26,203.67 keĆ¢jesĆ[ nes ieĆeer. FmeceW 32.67% keĆ¢er Je=efƦ ope& ngF&.
ā¢ Je<e& kesĆ¢ oewjeve yener cetuĆe Ā®.504.43 mes yeĆ{keĆ¢j Ā®.637.37 nes ieĆee.
ā¢ Je<e& kesĆ¢ oewjeve heĆefle keĆ¢ce&Ćeejer keĆ¢ejesyeej Ā®.1,229 ueeKe mes yeĆ{keĆ¢j Ā®.1,466 ueeKe nes ieĆee.
Keb[Jeej keĆ¢eĆe& efve<heeoveefJeĆ²eerĆe Je<e& 12 kesĆ¢ Keb[Jeej heefjCeeceeW ceW jepekeĆ¢es<eerĆe heefjĆeeueve (Å”spejer) keĆ¢e Ćeesieoeve Ā®.887.72 keĆ¢jesĆ[, keĆ¢eheexjsÅ”/nesuemesue yeQeEkeĆ¢ie keĆ¢e Ā®.965.87 keĆ¢jesĆ[, Kegoje yeQeEkeĆ¢ie keĆ¢e Ā®.2,782.37 keĆ¢jesĆ[ leLee DevĆe yeQeEkeĆ¢ie heefjĆeeueveeW keĆ¢e Ćeesieoeve
Ā®.2,959.73 keĆ¢jesĆ[ jne. yeQkeĆ¢ ves Ā®.1,569.89 keĆ¢jesĆ[ kesĆ¢ iewj DeeyebefÅ”le KeĆex IeÅ”eves Deewj Ā®.1,018.84 keĆ¢jesĆ[ keĆ¢e keĆ¢jeW kesĆ¢ efueS heĆeJeOeeve keĆ¢jves kesĆ¢ yeeo Ā®.5,006.96 keĆ¢jesĆ[ keĆ¢e keĆ¢j heĀ§eele ueeYe (heerSÅ”er) Dee|pele efkeĆ¢Ćee.
ueeYeebMe
yeQkeĆ¢ kesĆ¢ efveosMekeĆ¢eW ves 31 ceeĆe&, 2012 keĆ¢es meceehle Je<e& kesĆ¢ efueS Ā®.17 heĆefle MesĆej keĆ¢e (Ā®.10/- kesĆ¢ DebefkeĆ¢le cetuĆe hej) ueeYeebMe heĆmleeefJele efkeĆ¢Ćee nw. FmeceW keĆ¢j meefnle ueeYeebMe kesĆ¢ Ā¤he ceW kegĆ¢ue JĆeĆe Ā®.812.29 keĆ¢jesĆ[ nesiee.
hetbpeer heĆee&hlelee Devegheele
yeQkeĆ¢ keĆ¢e hetbpeer heĆee&hlelee Devegheele keĆ¢eHeĆ¢er DeĆĆe nw SJeb 31 ceeĆe&, 2012 keĆ¢es Ćen yeemesue ii kesĆ¢ Debleie&le 14.67% nw.
31 ceeĆe&, 2012 keĆ¢es yeQkeĆ¢ keĆ¢er MegƦ ceeefueĆele Ā®.26,203.67 keĆ¢jesĆ[ jner. FmeceW ĆegkeĆ¢lee hetbpeer Ā®.412.38 keĆ¢jesĆ[ Deewj heĆejef#ele efveefOe (hegvecet&uĆeebkeĆ¢ve efveefOe keĆ¢es ĆesĆ[keĆ¢j) Ā®.25.791.29 keĆ¢jesĆ[ Meeefceue nw. Ā®.4,194.67 keĆ¢jesĆ[ keĆ¢er jeefMe Dee|pele ueeYe ceW mes heĆejef#ele efveefOe ceW Debleefjle keĆ¢er ieĆeer.
mesJeeefveJe=efĆ²e leLee DevĆe ueeYeeW kesĆ¢ efueS ĆeeJeOeeve
Je<e& 2012 kesĆ¢ oewjeve yeQkeĆ¢ ves Gheoeve ceW DebMeoeve kesĆ¢ Ā¤he ceW (Ā®.145.63 keĆ¢jesĆ[), heWMeve efveefOe kesĆ¢ Ā¤he ceW (Ā®.671.88 keĆ¢jesĆ[), DeJekeĆ¢eMe vekeĆ¢oerkeĆ¢jCe kesĆ¢ Ā¤he ceW (Ā®.93.46 keĆ¢jesĆ[) leLee DeefleefjĆ²eĆ¢ mesJeeefveJe=Ć²e ueeYe kesĆ¢ Ā¤he ceW (Ā®.80.97 keĆ¢jesĆ[) keĆ¢er jeefMe keĆ¢e GheĆeĆe DeeOeej hej heĆeJeOeeve efkeĆ¢Ćee nw. Fve ĆeejeW ĆesefCeĆeeW ceW heĆeJeOeeve keĆ¢er kegĆ¢ue jeefMe efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve Ā®.991.94 keĆ¢jesĆ[ jner peyeefkeĆ¢ efJeĆ²eerĆe Je<e& 2011 kesĆ¢ oewjeve Ćen heĆeJeOeeve jeefMe Ā®.1160.42 keĆ¢jesĆ[ Leer. ceeĆe&, 2012 kesĆ¢ Deble ceW yeQkeĆ¢ kesĆ¢ heeme Fve Meer<eeX kesĆ¢ lenle GheueyOe kegĆ¢ue DeeOeejYetle efveefOe Fme heĆkeĆ¢ej Leer: Ā®.1,416.85 keĆ¢jesĆ[ (Gheoeve), Ā®.5,935.62 keĆ¢jesĆ[ (heWMeve efveefOe), Ā®.566.01 keĆ¢jesĆ[ (DeJekeĆ¢eMe vekeĆ¢oerkeĆ¢jCe) leLee Ā®.446.62 keĆ¢jesĆ[ (DeefleefjĆ²eĆ¢ mesJeeefveJe=efĆ²e ueeYe).
DeehekesĆ¢ efveosMekeĆ¢ieCe yeQkeĆ¢ keĆ¢er 104JeeR Jeee|<ekeĆ¢ efjheesÅ”& kesĆ¢ meeLe 31 ceeĆe&, 2012 keĆ¢es meceehle Je<e& (efJeĆ²eerĆe Je<e& 12) kesĆ¢ uesKee-hejeref#ele legueve he$e, ueeYe-neefve uesKee Deewj JĆeJemeeĆe SJeb heefjĆeeueve mebyebOeer efjheesÅ”& men<e& heĆmlegle keĆ¢jles nQ.
ĆecegKe efJeĆ²eerĆe Devegheele
efJeJejCe efJeĆ²eerĆe Je<e& 12 efJeĆ²eerĆe Je<e& 11Deewmele DeeeqmleĆeeW hej DeeĆe (DeejDeesSS) (%) 1.24 1.33efveefOeĆeeW keĆ¢er Deewmele ueeiele (%) 5.64 4.67Deewmele DeeĆe (%) 8.55 7.76Deewmele yĆeepe Depe&keĆ¢ DeeeqmleĆeeb (Ā®.keĆ¢jesĆ[ ceW) 3,47,223.21 2,82,109.79Deewmele yĆeepe Jenve keĆ¢jves Jeeueer osĆeleeSb (Ā®.keĆ¢jesĆ[ ceW) 3,43,397.26 2,80,098.94MegƦ yĆeepe ceee|peve (%) 2.97 3.12ueeiele DeeĆe Devegheele (%) 37.55 39.87heĆefle MesĆej yener cetuĆe (Ā®.) 637.37 504.43heĆefle MesĆej DeeĆe (Ā®.) 127.84 116.37
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ĆeyebOeve efJeJesĆeve SJeb efJeMues<eCeefJeĆ²eerĆe Je<e& 2012 ceW Deee|LekeĆ¢ heefjĆMĆe Deewj efJeĆ²eerĆe Je<e& 2013 keĆ¢er mebYeeJeveeSb
kesĆ¢vƵerĆe meebeqKĆekeĆ¢er mebie"ve, Yeejle mejkeĆ¢ej ves Je<e& 2012 kesĆ¢ oewjeve YeejleerĆe DeLe&JĆeJemLee kesĆ¢ efJekeĆ¢eme keĆ¢e DeekeĆ¢ueve 6.9% efkeĆ¢Ćee nw pees efkeĆ¢ efheĆues oes jepekeĆ¢es<eerĆe Je<eeX keĆ¢er 8.4% efJekeĆ¢eme oj mes keĆ¢eHeĆ¢er keĆ¢ce nw. efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve DeLe&JĆeJemLee keĆ¢es ke=Ć¢ef<e Je mesJee #es$e mes keĆ¢eHeĆ¢er DeeOeej efceuee, leLeeefhe DeewĆ eesefiekeĆ¢ #es$e ceW efiejeJeÅ” yengle pĆeeoe jner. DeewĆ eesefiekeĆ¢ Glheeove ceW Je=efƦ efJeĆ²eerĆe Je<e& 11 kesĆ¢ 8.2% kesĆ¢ mlej mes keĆ¢eHeĆ¢er efiejkeĆ¢j efJeĆ²eerĆe Je<e& 12 ceW 2.8% nes ieF&. DeewĆ eesefiekeĆ¢ #es$e kesĆ¢ Deboj ner Keveve, hetbpeeriele JemlegSb Je ceOĆemLe Jemleg #es$e ceW DelĆeefOekeĆ¢ oyeeJe yevee jne efpemeves efJeĆ²eerĆe Je<e& 2012 ceW vekeĆ¢ejelcekeĆ¢ efJekeĆ¢eme oj ope& keĆ¢er. DevĆe keĆ¢ejkeĆ¢eW pewmes ueeiele hej oyeeJe, keĆ¢esĆeuee Je ueewn DeĆemkeĆ¢ pewmes cenlJehetCe& GlheeoeW keĆ¢er keĆ¢ceer, Yetefce DeefOeieĆnCe leLee HeĆee&JejCe mJeerke=Ć¢efle ceW DeefveĀ§elelee, efomecyej, 2010 Je 2011 kesĆ¢ oewjeve ĆetSme [e@uej keĆ¢er leguevee ceW YeejleerĆe Ā®heĆes ceW 19.0% keĆ¢er DelĆeefOekeĆ¢ efiejeJeÅ” ves efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve efveJesMeiele ceenewue keĆ¢es heĆefleketĆ¢ue Ā¤he mes heĆYeeefJele efkeĆ¢Ćee.
efJeĆ²eerĆe Je<e& 10 Je efJeĆ²eerĆe Je<e& 12 ceW efveJesMe Je yeĆele keĆ¢er ojeW ceW keĆ¢eHeĆ¢er efiejeJeÅ” ope& keĆ¢er ieF& Debleje&Ā°^erĆe cegƵe keĆ¢es<e (DeeF&SceSHeĆ¢) kesĆ¢ DeekeĆ¢ueve kesĆ¢ Devegmeej Yeejle keĆ¢er yeĆele oj efJeĆ²eerĆe Je<e& 10 kesĆ¢ 33.5% mes keĆ¢ce neskeĆ¢j efJeĆ²eerĆe Je<e& 12 ceW 31.3% nes ieF& leLee efveJesMe oj efJeĆ²eerĆe Je<e& 10 kesĆ¢ 36.3% keĆ¢er leguevee ceW efJeĆ²eerĆe Je<e& 12 ceW 34.0% nes ieF&. YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ Devegmeej efJeĆ²eerĆe Je<e& 12 kesĆ¢ oewjeve hetbpeer efvecee&Ce keĆ¢er keĆ¢ceer ceW heĆcegKe yeQkeĆ¢eW Je efJeĆ²eerĆe mebmLeeveeW Ćeje mJeerke=Ć¢le heefjĆeespeveeDeeW keĆ¢er mebKĆee / DeeGÅ” HeƤuees ceW keĆ¢eHeĆ¢er OeerceeHeve pewmes heĆlĆe#e keĆ¢ejCe jns. efJeMes<ele: āOeeleg Je Oeelegiele Glheeoā Je efyepeueer GĆ eesie ceW efJeĆ²eerĆe meneĆelee keĆ¢er DelĆeefOekeĆ¢ keĆ¢ceer jner.
hetjs efJeĆ²eerĆe Je<e& 12 ceW megefKe&ĆeeW ceW DeeF& cegƵemHeĆ¢erefle (nesuemesue cetuĆe metĆekeĆ¢ebkeĆ¢)ceW ueieYeie 8.8% kesĆ¢ meeLe cegƵemHeĆ¢erefle keĆ¢e peesefKece ueieeleej yevee jne. efmelebyej, 2011 ceW Ćen cegƵemHeĆ¢erefle 10.0% nes ieF& Leer pees efkeĆ¢ ceeĆe& 2012 ceW kegĆ¢Ć KeeĆ eeVe keĆ¢er keĆ¢erceleeW ceW ceewmeceer efiejeJeÅ” Je DevegketĆ¢ue DeeOeejYetle heĆYeeJeeW kesĆ¢ keĆ¢ejCe 6.69%lekeĆ¢ jner. cegƵemHeĆ¢erefle keĆ¢es keĆ¢ce keĆ¢jves Deewj cegƵemHeĆ¢erefle ceW eqmLejlee yeveeS jKeves kesĆ¢ efueS YeejleerĆe efj]peJe& yeQkeĆ¢ ves ceeĆe&, 2010 mes DekeƤletyej, 2011 kesĆ¢ oewjeve veerefle ojeW ceW 375 DeeOeej eEyeogDeeW (yeerheerSme) keĆ¢er yeĆ{esĆ²ejer keĆ¢jves kesĆ¢ yeeo efomecyej, 2011 ceW Deheveer veerefle keĆ¢er meceer#ee keĆ¢er. yeĆ{leer ngF& efJekeĆ¢eme mHeĆ¢erefle ves kesĆ¢vƵerĆe yeQkeĆ¢ keĆ¢es Ćen mebkesĆ¢le efoĆee efkeĆ¢ Deye Fmecesb pĆeeoe yeĆ{eslejer keĆ¢er DeeJeMĆekeĆ¢lee veneR jn ieF& Deewj veerefle ojeW ceW YeefJe<Će ceW keĆ¢ej&JeeF& keĆ¢jveer nesieer.
efJeĆ²eerĆe Je<e& 12 kesĆ¢ oewjeve JĆeeHeej meblegueve ceW efiejeJeÅ” leLee hetbpeer Deeieceve ceW OeercesHeve kesĆ¢ keĆ¢ejCe Yeejle kesĆ¢ Yegieleeve meblegueve (yeerDeesheer) hej efvejblej oyeeJe jne. efJeĆ²eerĆe Je<e& 12 ceW efveĆee&le 21.0% (Je<e&-oj-Je<e&) keĆ¢er Je=efƦ kesĆ¢ meeLe 304 efyeefueĆeve ĆetSme [euej jne Deewj DeeĆeele 32.2% keĆ¢er Je=efƦ kesĆ¢ meeLe 489 efyeefueĆeve ĆetSme [euej nes ieĆee. Fmemes Yeejle keĆ¢e efJeosMeer JĆeeheej IeeÅ”e efJeĆ²eerĆe Je<e& 11 kesĆ¢ 119 efyeefueĆeve ĆetSme [euej mes yeĆ{keĆ¢j efJeĆ²eerĆe Je<e& 12 ceW 185 efyeefueĆeve ĆetSme [euej nes ieĆee. FmekesĆ¢ meeLe ner Ā¤heĆes kesĆ¢ cetuĆe ceW Ćeme, JewefĆekeĆ¢ ceebie ceW keĆ¢ceer kesĆ¢ keĆ¢ejCe efJeĆ²eerĆe Je<e& 12 ceW JĆeeheej IeeÅ”e, JewefĆekeĆ¢ mlej hej lesue keĆ¢er yeĆ{leer keĆ¢erceleebs kesĆ¢ ĆøeYeeJe keĆ¢e DeHeĆee&Hle DeblejCe leLee
Gmemes mebyebefOele pewmes meesves Je Ćeeboer kesĆ¢ YeejleerĆe DeeĆeele keĆ¢er ueesĆenerve mJeĀ¤He keĆ¢er legueveelcekeĆ¢ keĆ¢erceleW Yeer heĆcegKe keĆ¢ejkeĆ¢ jneRr. efJeĆ²eerĆe Je<e& 12 ceW Yeejle keĆ¢e Ćeeuet Keelee IeeÅ”e mekeĆ¢ue Iejsuet Glheeo keĆ¢e 4% lekeĆ¢ nesves keĆ¢er mebYeeJevee nw. efJeĆ²eerĆe Je<e& 11 ceW SHeĆ¢DeeF&DeeF& (efJeosMeer mebmLeeiele efveJesMe) keĆ¢e yengle pĆeeoe heĆJeen nesves kesĆ¢ yeeo efJeĆ²eerĆe Je<e& 12 ceW yeĆ{les ngS JewefĆekeĆ¢ peesefKece efJecegKelee Je Iejsuet veerefleĆeeW keĆ¢er efĆeblee kesĆ¢ keĆ¢ejCe SHeĆ¢DeeF&DeeF& heĆJeen 43.0% (Je<e&-oj-Je<e&) keĆ¢ce neskeĆ¢j 16.8 efyeefueĆeve ĆetSme [euej nes ieĆee. Ćen efJeosMeer mebmLeeiele efveJesMekeĆ¢eW keĆ¢e efheĆues 3 Je<eeX ceW meyemes keĆ¢ce efveJesMe Lee. efJeĆ²eerĆe Je<e& 12 ceW YeejleerĆe S[erDeej Je peer[erDeej ceW Yeer efveJesMe keĆ¢ce neskeĆ¢j 597 efceefueĆeve ĆetSme [euej jn ieĆee.
leLeeefHe efJeĆ²eerĆe Je<e& 12 ceW Yeejle ceW heĆlĆe#e efJeosMeer efveJesMe 46.8 efyeefueĆeve ĆetSme [euej ngDee peesefkeĆ¢ 34.0% (Je<e&-oj-Je<e&) Je=efƦ Leer. FmekeĆ¢e ĆesĆe Jesoeblee DeLeJee efyeĆefÅ”Me yeerheer pewmes yeĆ[er kebĆ¢heefveĆeeW keĆ¢es ner peelee nw.
efJeĆ²eerĆe Je<e& 12 kesĆ¢ henues Ćeej cenerveeW ceW meeceevĆe Ā¤he ceW YeejleerĆe Ā®heĆes ceW efiejeJeÅ” Deiemle, 2011 kesĆ¢ Debeflece mehleen mes efomebyej, 2011 kesĆ¢ ceOĆe lekeĆ¢ ĆetSme [euej keĆ¢er leguevee ceW 18.3% jner. Fmeer heĆkeĆ¢ej YeejleerĆe efj]peJe& yeQkeĆ¢ Je mejkeĆ¢ej Ćeje efkeĆ¢S ieS GheeĆeeW mes efJeefveceĆe oj eqmLej jner. Fve GheeĆeeW keĆ¢e GƶsMĆe efJeosMeer yeepeej ceW [euej keĆ¢er Deehete|le yeĆ{evee leLee meĆ³syeepeer keĆ¢es keĆ¢ce keĆ¢jvee Lee.
efJeĆ²eerĆe Je<e& 12 ceW keĆ¢j keĆ¢er keĆ¢ce heĆeeqhle, Kejeye efJeefveJesMe ĆøeeefHleĆeeb Deewj Deveg<ebefieĆeeW ceW DelĆeefOekeĆ¢ KeĆe& kesĆ¢ keĆ¢ejCe kesĆ¢vƵerĆe mejkeĆ¢ej keĆ¢e jepemJe IeeÅ”e 4.6% kesĆ¢ ue#Će keĆ¢er leguevee ceW 5.9% nes ieĆee.
Fmeer OeejCee keĆ¢es efJeĆ²eerĆe Je<e& 13 ceW Deeies yeĆ{eles ngS YeejleerĆe efj]peJe& yeQkeĆ¢ ves DeHeves Jeeef<e&keĆ¢ ceeweqƵkeĆ¢ veerefleiele JekeƤleJĆe ceW megOejles JeweqĆekeĆ¢ HeefjĆMĆe leLee Iejsuet efveJesMe meWÅ”erceWÅ” ceW megOeej keĆ¢er mebYeeJevee kesĆ¢ HeefjĆøes#Će ceW meeceevĆe ceevemetve keĆ¢e Devegceeve ueieeles ngS yesmeueeFve mekeĆ¢ue Iejsuet GlHeeo ceW 7.3% keĆ¢er Je=eqƦ keĆ¢er mebYeeJevee JĆekeƤle keĆ¢er nw. leLeeefhe cegƵemHeĆ¢erefle YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ megefJeOeepevekeĆ¢ mlejmes DeefOekeĆ¢ jnsieer Deewj FmekesĆ¢ 6.5% nesves keĆ¢er mebYeeJevee nw. pewmee efkeĆ¢ Je<e& 2013 kesĆ¢ kesĆ¢vƵerĆe yepeÅ” ceW mebkesĆ¢le efkeĆ¢Ćee ieĆee nw efkeĆ¢ jepekeĆ¢es<eerĆe megOeej leLee efJeĆ²eerĆe Je<e& 2013 kesĆ¢ DevĆe veerefleiele megOeejeW kesĆ¢ meeLe-meeLe ke=Ć¢ef<e, Tpee& Je heefjJenve #es$eeW ceW megOeej kesĆ¢ HeĆ¢uemJeĀ¤he efveJesMeiele ieefleefJeefOeĆeeW ceW megOeej nesves keĆ¢er mebYeeJevee nw.
efJeĆ²eerĆe Je<e& 12 ceW YeejleerĆe yeQeEkeĆ¢ie #es$e keĆ¢e keĆ¢eĆe& efve<heeove Je efJeĆ²eerĆe Je<e& 13 keĆ¢er keĆ¢eĆe& mebYeeJeveeSb
yeĆ{er ngF& cegƵemHeĆ¢erefle, yĆeepe ojeW Deewj Deehete|le ceW Ā®keĆ¢eJeÅ”eW keĆ¢er ienvelee kesĆ¢ keĆ¢ejCe efomecyej, 2010 mes Yeejle kesĆ¢ JeeefCeeqpĆekeĆ¢ yeQkeĆ¢eW kesĆ¢ $e+Ce #es$e ceW vekeĆ¢ejelcekeĆ¢ Je=efƦ ope& ngF&. yeQkeĆ¢ $e+Ce ceW efJeĆ²eerĆe Je<e& 2012 ceW 19.3% keĆ¢er Je=efƦ Deewj Deewmele peceejeefMe ceW 17.4% keĆ¢er Je=efƦ ope& ngF&. ĆeĆ eefhe efJeĆ²eerĆe Je<e& 12 keĆ¢er henueer leerve efleceeefnĆeeW ceW $e+Ce Deewj peceejeefMeĆeeW ceW Deblejeue yengle keĆ¢ce jne uesefkeĆ¢ve efJeĆ²eerĆe Je<e& 12 keĆ¢er ĆeewLeer efleceener ceW peceejeefMeĆeeW keĆ¢er Je=efƦ ceW pĆeeoe efiejeJeÅ” kesĆ¢ keĆ¢ejCe Ćen Deblejeue yengle pĆeeoe nes ieĆee. Fmemes efJeĆ²eerĆe Je<e& 12 keĆ¢er ĆeewLeer efleceener ceW JeeefCeefpĆekeĆ¢ yeQkeĆ¢eW keĆ¢er efveYe&jlee efJeĆ²e kesĆ¢ iewj pecee jeefMe ÅeesleeW (GOeeefjĆeeb) hej pĆeeoe nes ieF&.
ĆeĆ eefHe yeQkeĆ¢ $e+Ce Je=eqƦ ceW keĆ¢ceer meYeer #es$eeW pewmes ke=Ć¢ef<e, GĆ eesie, mesJee Je JĆeefĆ²eĆ¢iele $e+CeeW ceW ngF&, leLeeefhe YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ [eÅ”e ceW Ćen GuuesKe
Art13\D:\Annual Report 2011 - 2012\fINAL 19-5-12\final Dirctors Report Hindi.indd 18 May 28, 2012 1:22 PM
Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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efkeĆ¢Ćee ieĆee nw efkeĆ¢ Ćen efiejeJeÅ” cetuele: ke=Ć¢ef<e, efjĆeue FmÅ”sÅ”, nesÅ”ue, jsmÅ”esjWÅ”, JĆeJemeeefĆekeĆ¢ mesJeeSb, Å”sueer keĆ¢cĆetefvekesĆ¢Meve, Tpee&, meerceWÅ”, Å”skeƤmeÅ”eFue, ueewn Je Fmheele Je DevĆe JewĆeefĆ²eĆ¢keĆ¢ Jeenve $e+CeeW ceW DeefOekeĆ¢ Heefjueef#ele ngF&.
keĆ¢eheexjsÅ” #es$e ceW yeĆ{lee oyeeJe keĆ¢eheexjsÅ” $e+Ce ceW yengle DeefOekeĆ¢ GĆeue kesĆ¢ Ā¤He ceW Heefjueef#ele ngDee, efpemes efJeĆ²eerĆe Je<e& 12 kesĆ¢ oewjeve keĆ¢eheexjsÅ” $e+Ce hegvemeĆjĆevee keĆ¢#e kesĆ¢ Ćeje hegvemeĆjefĆele efkeĆ¢Ćee ieĆee. YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ Devegmeej YeejleerĆe yeQeEkeĆ¢ie #es$e meeceevĆele: efJeĆ²eerĆe Je<e& 12 ceW Deee|LekeĆ¢ heefjJesMe ceW heĆefleketĆ¢ue ĆeĆeve keĆ¢er mebYeeJeveeDeeW mes yeĆeves kesĆ¢ efueS peesefKece mes yeĆelee jne. YeejleerĆe efj]peJe& yeQkeĆ¢ keĆ¢er efjheesÅ”& kesĆ¢ Devegmeej YeejleerĆe yeQeEkeĆ¢ie GĆ eesie keĆ¢e mekeĆ¢ue iewj efve<heeokeĆ¢ Deeeqmle Devegheele ceW ceeĆe&, 2011 kesĆ¢ Deble mes ueskeĆ¢j efomebyej, 2011 kesĆ¢ Deble lekeĆ¢ 59 cetue DeeOeejeEyeog (yeerheerSme) nes ieĆee Deewj ueieeleej Deee|LekeĆ¢ oyeeJe Deewj peesefKece DeeOeeefjle Deeeqmle Devegheele (meerDeejSDeej) ceW hetbpeer kesĆ¢ keĆ¢ejCe DeehekesĆ¢ yeQeEkeĆ¢ie GĆ eesie ceW GheĆeg&Ć²eĆ¢ DeJeefOe kesĆ¢ oewjeve 91 yeerheerSme nes ieĆee. Fve keĆ¢ejkeĆ¢eW ves efJeĆ²eerĆe Je<e& 12 kesĆ¢ oewjeve yeQeEkeĆ¢ie #es$e ceW $e+Ce efJemleej hej vekeĆ¢ejelcekeĆ¢ heĆYeeJe [euee, efpemekesĆ¢ heefjCeecemJeĀ¤he yeQkeĆ¢ kesĆ¢ Deeeqmle mebefJeYeeie mes efveJesMe mejkeĆ¢ejer heĆefleYetefleĆeeW keĆ¢er Deesj ngDee.
mebHetCe& efJeĆ²eerĆe Je<e& 12 kesĆ¢ oewjeve vekeĆ¢oer keĆ¢er eqmLeefle ueieeleej keĆ¢ceer keĆ¢er jner leLeeefhe veJebyej 2011 keĆ¢er MegĀ¤Deele ceW vekeĆ¢oer keĆ¢ceer kegĆ¢ue ceebie Deewj meceĆeyeƦ osĆeleeDeeW (Sve[erÅ”erSue) kesĆ¢ 1% (+)/(-) kesĆ¢ DevegketĆ¢ue mlej mes Yeer keĆ¢ce jne efpemekesĆ¢ heefjCeecemJeĀ¤he YeejleerĆe efj]peJe& yeQkeĆ¢ ves cegĆ²eĆ¢ yee]peejiele heefjĆeeueve kesĆ¢ Ā¤he ceW cetue vekeĆ¢oer keĆ¢es heĆJeeefnle keĆ¢jves Deewj vekeĆ¢o Deejef#ele Devegheele ceW keĆ¢Å”ewleer (peveJejer-ceeĆe& 2012 kesĆ¢ oewjeve 125 yeerheerSme) keĆ¢jves pewmes keĆ¢oce G"eS. FmekesĆ¢ heefjCeecemJeĀ¤he vekeĆ¢oer heĆJeen keĆ¢eHeĆ¢er no lekeĆ¢ menpe nes mekeĆ¢e.
efJeĆ²eerĆe Je<e& 13 ceW YeejleerĆe efj]peJe& yeQkeĆ¢ ves meceieĆ mekeĆ¢ue Iejsuet Glheeo ceW 7.3% keĆ¢er Je=efƦ Deewj cegƵe Deehete|le ceW 15.0% keĆ¢er Je=efƦ keĆ¢es OĆeeve ceW jKeles ngS, JeeefCeefpĆekeĆ¢ yeQkeĆ¢eW keĆ¢er Deewmele peceejeefMe ceW 16.0% Deewj iewj KeeĆ e $e+Ce ceW 17.0% keĆ¢er Je=efƦ DeekeĆ¢efuele keĆ¢er. yeQkeĆ¢eW ceW heĆefleketĆ¢ue Deee|LekeĆ¢ heefjJesMe kesĆ¢ yeeJepeto Yeer efJeĆ²eerĆe Je<e& 13 ceW yesnlej hetbpeer DeeOeej, meblegefuele $e+Ce meeqcceĆeCe, mLeeĆeer efveJeue yĆeepe ceee|peve (SveDeeF&SceSme) Deewj keĆ¢ce Je=efƦMeerue yekeĆ¢eĆee Devegheele kesĆ¢ keĆ¢ejCe DeeĆe ceW DeefOekeĆ¢ Je=efƦ nesves keĆ¢er mebYeeJevee nw.
peesefKece ĆeyebOeve
peesefKece uesve-osve keĆ¢e IeÅ”keĆ¢ nw efpemeceW kegĆ¢Ć no lekeĆ¢ vegkeĆ¢meeve nesves keĆ¢er mebYeeJevee nw. efJeĆ²eerĆe mebmLeeveeW ceW peesefKece efJeefYeVe DeblejeueeW, DeeeqmleĆeeW, osĆeleeDeeW, DeeĆe ceW Gleej ĆeĆ{eJe Deewj vekeĆ¢oer kesĆ¢ uesveosve kesĆ¢ keĆ¢ejCe neslee nw. ĆeĆ eefhe efkeĆ¢meer mebmLeeve ceW peesefKece kesĆ¢ mJeĀ¤he Je mlej keĆ¢es efveOee&efjle efkeĆ¢Ćee peevee ĆeeefnS pees efkeĆ¢ efJeefYeVe keĆ¢ejkeĆ¢eW hej efveYe&j keĆ¢jlee nw. Ćen ceevee ieĆee nw efkeĆ¢ meeceevĆele: yeQkeĆ¢eW kesĆ¢ meeceves $e+Ce, yeepeej, vekeĆ¢oer, heefjĆeeueve, Devegheeueve, efJeefOe efveĆeecekeĆ¢ Deewj heĆefleā¦eiele peesefKece nesles nQ.
DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ heeme SkeĆ¢ megĆĆ{ peesefKece heĆyebOeve nw peneb peesefKeceeW keĆ¢e DeekeĆ¢ueve, efveosMekeĆ¢ ceb[ue Ćeje peesefKece ceW efveefnle keĆ¢ejkeĆ¢eW kesĆ¢ DeeOeej hej efkeĆ¢Ćee peelee nw.
peesefKece ĆeyebOeve {ebĆee
DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ efveosMekeĆ¢ ceb[ue kesĆ¢ heeme DeehekesĆ¢ yeQkeĆ¢ ceW peesefKece heĆyebOeve
mJeĀ¤he keĆ¢es keĆ¢eĆee&eqvJele keĆ¢jves kesĆ¢ oeefĆelJe Je DeefOekeĆ¢ej nQ. keĆ¢eĆe&heeuekeĆ¢eW keĆ¢er peesefKece heĆyebOeve meefceefle Deewj efveosMekeĆ¢ ceb[ue keĆ¢er peesefKece heĆyebOeve meefceefle DeehekesĆ¢ yeQkeĆ¢ ceW meIeve peesefKece heĆyebOeve heƦefleĆeeW keĆ¢es ueeiet keĆ¢j jner nw.
efveosMekeĆ¢ ceb[ue keĆ¢er SSueSce (Deeeqmle osĆelee heĆyebOeve) keĆ¢er Ghe meefceefle Deewj peesefKece heĆyebOeve heĆYeeie efJeĆ²eerĆe peesefKece mebyebOeer ceeceueeW kesĆ¢ yeejs ceW efveosMekeĆ¢ ceb[ue keĆ¢er meneĆelee keĆ¢jlee nw. DeehekesĆ¢ yeQkeĆ¢ ceW hetCe& peesefKece heĆyebOeve efJeYeeie nw efpemekesĆ¢ heĆYeejer ceneheĆyebOekeĆ¢ nQ Deewj efpemeceW ĆeesiĆe, heĆefMeef#ele Deewj DevegYeJeer keĆ¢ce&ĆeeefjĆeeW keĆ¢er Å”erce nw. DeehekesĆ¢ yeQkeĆ¢ ves peesefKece heĆyebOeve ceW efvecve keĆ¢eĆeeX keĆ¢er osKejsKe keĆ¢jves kesĆ¢ efueS GĆĆe keĆ¢eĆe&heeuekeĆ¢eW keĆ¢er SkeĆ¢ meefceefle keĆ¢e ie"ve efkeĆ¢Ćee nw.
Deeeqmle osĆelee heĆyebOeve meefceefle (SSuemeerDees) efveCe&Će uesves keĆ¢er FkeĆ¢eF& nw pees peesefKece heĆefleHeĆ¢ue yĆeepe ojeW kesĆ¢ jCeveereflehejkeĆ¢ heĆyebOeve Deewj lejuelee peesefKece kesĆ¢ heefjheĆs#Će ceW legueve he$e kesĆ¢ DeeĆeespeve kesĆ¢ efueS efpeccesoej nw. DevĆe JĆeJemeeefĆekeĆ¢ ceeceueesb kesĆ¢ meeLe meeLe peceejeefMeĆeeb Je DeefieĆceeW kesĆ¢ Glheeo cetuĆeefveOee&jCe, Je=efƦMeerue DeeeqmleĆeeb Deewj osĆeleeDeeW keĆ¢er SseqĆĆkeĆ¢ heefjhekeƤJelee ĆøeesHeĆ¢eFue Deeefo hej Yeer efJeĆeej keĆ¢jleer nw. Ćen Deeeqmle osĆeleeDeeW kesĆ¢ Demeblegueve kesĆ¢ yeejs ceW Yeer keĆ¢eĆe&veerefle leĆe keĆ¢jleer nw.
$e+Ce veerefle meefceefle (meerheermeer) hej efJeefYeVe GĆ eceeW hej nesves Jeeueer $e+Ce peesefKece keĆ¢eĆe&veerefleĆeeb, efpeveceW $e+Ce veerefleĆeeb yeveevee Deewj Gvnsb keĆ¢eĆee&eqvJele keĆ¢jvee Meeefceue nQ, Deewj Fme meefceefle Hej DeehekesĆ¢ yeQkeĆ¢ ceW peesefKece $e+Ce heĆyebOeve keĆ¢eĆeeX keĆ¢es efveĆeefcele Ā¤he mes ceeefveÅ”j keĆ¢jves keĆ¢er efpeccesoejer nw.
heefjĆeeueveiele peesefKece heĆyebOeve meefceefle (DeesDeejScemeer) hej heefjĆeeueveiele peesefKece keĆ¢es keĆ¢ce keĆ¢jves kesĆ¢ efueS mheĀ° heefjĆeeueve peesefKece heĆyebOeve heĆefāŗeĆ¢Ćee keĆ¢e efveOee&jCe keĆ¢jves Deewj Gmes yeveeS jKeves kesĆ¢ efueS DeeJeMĆekeĆ¢ GheeĆe keĆ¢jves Je cetuĆeebkeĆ¢ve keĆ¢jves keĆ¢er efpeccesoejer nw. meefceefle Ćen Yeer efveiejeveer keĆ¢jleer nw efkeĆ¢ heefjĆeeueveiele $e+Ce heĆyebOeve veerefle kesĆ¢ efveOee&efjle ceeveob[ Deewj efoMee-efveoxMeeW keĆ¢e meKleer mes Devegheeueve efkeĆ¢Ćee peeS.
peesefKece ĆeyebOeve veerefle
DeehekesĆ¢ yeQkeĆ¢ ceW efJeefYeVe heĆkeĆ¢ej kesĆ¢ peesefKeceesb keĆ¢e, heĆyebOeve keĆ¢jves Deewj keĆ¢ce keĆ¢jves kesĆ¢ efueS efveosMekeĆ¢ ceb[ue Ćeje Devegceesefole veerefleĆee Je heĆefāŗeĆ¢ĆeeSb nQ. DeehekesĆ¢ yeQkeĆ¢ ceW peesefKece heĆyebOeve kesĆ¢ efJeefYeVe keĆ¢eĆe& ĆøecegKeeW kesĆ¢ megueYe meboYe& Deewj efoMee-efveoxMeeW kesĆ¢ efueS efveosMekeĆ¢ ceb[ue Ćeje Devegceesefole Deeeqmle osĆelee heĆyebOeve Deewj mecetn peesefKece veerefle, Iejsuet $e+Ce veerefle, efce[ mee|Jeme veerefle, legueve he$e heĆkeĆ¢Å”ve veerefle (Iejsuet), JĆeJemeeĆe efvejvlejlee DeeĆeesie veerefle, efheuuej III heĆkeĆ¢Å”erkeĆ¢jCe veerefle, heefjĆeeueveiele peesefKece heĆyebOeve veerefle, DeevleefjkeĆ¢ hetbpeer heĆee&hlelee efveOee&jCe heĆefāŗeĆ¢Ćee (DeeF&meerSSheer), leveeJe hejer#eCe, $e+Ce peesefKece keĆ¢ce keĆ¢jvee Deewj mebheee|ĆekeĆ¢ heĆyebOeve veerefleĆeeb nQ.
peesefKece heĆyebOeve keĆ¢eĆee&vJeĆeve Je DevegheĆJele&ve heƦefle
lejuelee peesefKece, $e+Ce peesefKece, yeepeej peesefKece Deewj heefjĆeeueveiele peesefKece Deeefo heĆcegKe peesefKeceeW keĆ¢e ceeefveÅ”eEjie heĆyebOeve Fme heĆkeĆ¢ej nw.
lejuelee peesefKece
lejuelee peesefKece DeeĆe DeLeJee hetbpeer keĆ¢es nesves Jeeuee ceewpetoe Deewj mebYeeefJele
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peesefKece nw pees yeQkeĆ¢ Ćeje osĆe nes ĆegkeĆ¢er osĆeleeDeeW keĆ¢es efyevee DemJeerkeĆ¢eĆe& neefve G"eS Yegieleeve ve keĆ¢j heeves kesĆ¢ keĆ¢ejCe hewoe neslee nw. lejuelee peesefKece ceW efveefOeiele ÅeesleeW ceW iewj efveĆeesefpele keĆ¢ceer DeLeJee yeoueeJe keĆ¢e heĆyebOeve keĆ¢jves keĆ¢er De#ecelee Meeefceue nw. lejuelee peesefKece yeepeej keĆ¢er Gve eqmLeefleĆeeW keĆ¢e efveOee&jCe ve keĆ¢j heeves Deewj yeoueeJeesb keĆ¢es ve mecePe heeves kesĆ¢ keĆ¢ejCe hewoe neslee nw pees efkeĆ¢ DeeeqmleĆeeW keĆ¢es MeerIeĆlee mes lejuelee ceW yeoueves Deewj cetuĆe ceW vĆetvelece Ćeme kesĆ¢ meeLe lejue keĆ¢jves keĆ¢er #ecelee keĆ¢es heĆYeeefJele keĆ¢jleer nw.
meceer#eeOeerve Je<e& kesĆ¢ oewjeve YeejleerĆe yeQeEkeĆ¢ie heƦefle ves kesĆ¢vƵerĆe ceewefƵkeĆ¢ heĆeefOekeĆ¢ejer Ćeje $e+Ce Je=efƦ keĆ¢es meblegefuele Deewj cegƵemHeĆ¢erefle keĆ¢es efveĆebef$ele keĆ¢jves kesĆ¢ efueS efkeĆ¢S ieS kegĆ¢Ć meceeĆeespeve kesĆ¢ meeLe keĆ¢"esj JĆeJemLeeiele lejuelee keĆ¢er eqmLeefle keĆ¢es oMee&Ćee. DeehekesĆ¢ yeQkeĆ¢ ceW lejuelee peesefKece keĆ¢es HeƤuees heƦefle mes mebjĆeveeiele lejuelee Devlejeue efjheesÅ”& keĆ¢er meneĆelee mes owefvekeĆ¢ Deewj heeef#ekeĆ¢ DeeOeej hej lewĆeej keĆ¢er ieF& ieefleMeerue Devlejeue efjheesÅ”& Ćeje leerve ceen kesĆ¢ efueS DeekeĆ¢efuele efkeĆ¢Ćee peelee nw. mÅ”ekeĆ¢ SheĆesĆe kesĆ¢ lenle DeehekesĆ¢ yeQkeĆ¢ ves efJeefYeVe ieefleefJeefOeĆeeW pewmes owefvekeĆ¢ DeeOeej hej $e+Ce osvee, owefvekeĆ¢ DeeOeej hej $e+Ce uesvee, MegƦ DeuheeJeefOe $e+Ce uesvee, MegƦ $e+Ce ieĆenkeĆ¢ pecee Devegoeve Deewj cetue Deeeqmle Devegheele Deeefo hej efveĆeb$eCe keĆ¢er Će=bKeuee mLeeefHele keĆ¢er nw. peesefKece heĆyebOeve efJeYeeie ceW keĆ¢eĆe&jle Deeeqmle osĆelee heĆyebOeve keĆ¢#e Ćen megefveeqĀ§ele keĆ¢jves kesĆ¢ efueS owefvekeĆ¢ DeeOeej hej lejuelee eqmLeefle keĆ¢er mebJeer#ee keĆ¢jlee nw efkeĆ¢ mebyebefOele meceĆe meercee ces vekeĆ¢jelcekeĆ¢ lejuelee Devegheele menveMeerue meercee mes DeefOekeĆ¢ ve nes. DeehekesĆ¢ yeQkeĆ¢ keĆ¢er efJeMes<eerke=Ć¢le SkeĆ¢erke=Ć¢le Å”s]pejer MeeKee, cegbyeF& meYeer efJeosMeer cegƵeDeeW keĆ¢er GheueyOelee kesĆ¢ meboYe& ceW Iejsuet lejuelee keĆ¢e DeekeĆ¢ueve keĆ¢jlee nw. efJeosMeer heefjĆeeueve kesĆ¢ meboYe& heĆlĆeskeĆ¢ #es$e (Å”wefjÅ”jer) efveOee&efjle Deblejeue hej heĆlĆeskeĆ¢ heĆkeĆ¢ej keĆ¢er Deheveer cegƵe keĆ¢er lejuelee keĆ¢er eqmLeefle keĆ¢e DeekeĆ¢ueve keĆ¢jlee nw. DeekeĆ¢eqmcekeĆ¢lee keĆ¢er eqmLeefle efveefOeĆeeW keĆ¢er DeeJeMĆekeĆ¢lee keĆ¢e DeekeĆ¢ueve Yeer meceĆe meceĆe hej efkeĆ¢Ćee peelee nw leeefkeĆ¢ DeehekeĆ¢e yeQkeĆ¢ efveefOeĆeeW keĆ¢er efkeĆ¢meer Yeer keĆ¢ceer keĆ¢es hetje keĆ¢jves kesĆ¢ efueS lewĆeej jns. DeehekesĆ¢ yeQkeĆ¢ ves Deheveer peceejeefMeĆeeW kesĆ¢ DeeOeej ceW efJeJeskeĆ¢hetCe& efJeefJeOelee yeĆ[er peceejeefMeĆeeW kesĆ¢ mlej hej efveĆeb$eCe Deewj meeOeejCe yeepeej keĆ¢er heefjeqmLeefleĆeeW ceW efveefOeĆeeW keĆ¢er megueYe GheueyOelee mes Deheveer lejuelee keĆ¢e heĆyebOeve efkeĆ¢Ćee nw. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ heeme yeepeej Ćeje mJeerkeĆ¢eĆe& heĆefleYetefleĆeeb yengle pĆeeoe nw pees efkeĆ¢ DeeJeMĆekeĆ¢lee heĆ[ves hej yesĆeer pee mekeĆ¢leer nQ Ćee efjhees $e+Ce Ćee mebheee|ĆekeĆ¢ kesĆ¢ Ā¤he ceW GvekeĆ¢e GheĆeesie efkeĆ¢Ćee pee mekeĆ¢lee nw.
$e+Ce peesefKece
$e+Ce peesefKece keĆ¢es SkeĆ¢ Ssmes peesefKece kesĆ¢ Ā¤he ceW heefjYeeef<ele efkeĆ¢Ćee peelee nw efpemeceW $e+CekeĆ¢lee& DeLeJee keĆ¢eGbÅ”j heee|Å”ĆeeW keĆ¢er $e+Ce iegCeJeĆ²ee ceW efiejeJeÅ” mes pegĆ[er mebYeeefJele neefveĆeeb efveefnle nQ. efkeĆ¢meer Yeer yeQkeĆ¢ kesĆ¢ heesÅ”&HeĆ¢esefueĆeeW ceW Deheveer heĆefleyeƦleeDeeW keĆ¢es hetje ve keĆ¢jves keĆ¢er ieĆenkeĆ¢ DeLeJee keĆ¢eGbÅ”j heeÅ”ea keĆ¢er De#ecelee DeLeJee DeefveĆĆe kesĆ¢ keĆ¢ejCe yeenjer ĆetkeĆ¢ mes neefveĆeeb heveheleer nQ. $e+Ce iegCeJeĆ²ee ceW JeemleefJekeĆ¢ DeLeJee efJeĆ eceeve efJeke=Ć¢efleĆeeW kesĆ¢ HeĆ¢uemJeĀ¤he heesÅ”&HeĆ¢esefueĆeeW cetuĆe ceW keĆ¢ceer Deeves mes Yeer neefveĆeeb nes mekeĆ¢leer nQ. meeceevĆele: $e+Ce peesefKece heĆyebOeve heĆefāŗeĆ¢ĆeeDeeW ceW henĆeeve, heefjceeheve DevegheĆJe&leve Deewj $e+Ce SkeƤmeheespej hej efveĆeb$eCe Meeefceue nw.
yeQkeĆ¢ ceW $e+Ce peesefKece heĆyebOeve Ćeje Ćen megefveeqĀ§ele efkeĆ¢Ćee peelee nw efkeĆ¢ yeQkeĆ¢ keĆ¢er peesefKece henĆeeve leLee $e+Ce heĆefāŗeĆ¢ĆeeDeeW ceW efjheese\Å”ie efveĆeb$eCe heĆCeeueer heĆee&hle Deewj megĆeeĀ¤ Ā¤he mes keĆ¢eĆe&Meerue nw.
DeHeveer heefjĆeeueve FkeĆ¢eFĆeeW kesĆ¢ ceeie&oMe&ve nsleg yeQkeĆ¢ ceW osMeerĆe $e+Ce veerefle, efveJesMe veerefle, leguevehe$e ceW Meeefceue ve efkeĆ¢S peevesJeeues efveJesMeeW mes mebyebefOele veerefle pewmeer efJeefYeVe veerefleĆeeb efJeĆ eceeve nQ efpemeceW yeQkeĆ¢ kesĆ¢ $e+Ce peesefKeceeW kesĆ¢ efueS efJeefYeVe efJeJeskeĆ¢hetCe& megj#ee GheeĆe efkeĆ¢S ieS nQ. yeQkeĆ¢ ves GĆ eesie DeOĆeĆeve Yeer efkeĆ¢S nQ leeefkeĆ¢ efpeve GĆ eesieeW ceW yeQkeĆ¢ ves Yeejer efveJesMe efkeĆ¢Ćee nw, GveceW ceewpeto
peesefKeceeW keĆ¢e helee Ćeue mekesĆ¢ Deewj GYejles ngS GĆ eesieeW keĆ¢er henĆeeve Yeer keĆ¢er pee mekeWĆ¢ heefjĆeeueve heĆcegKeeW keĆ¢es Fve DeewĆ eesefiekeĆ¢ efjheesÅ”eX kesĆ¢ yeejs ceW metefĆele efkeĆ¢Ćee peelee nw leeefkeĆ¢ Fve GĆ eesieeW keĆ¢es GOeej osles meceĆe Gme hej efJeĆeej efkeĆ¢Ćee pee mekesĆ¢.
yeQkeĆ¢ ves efJeefYeVe $e+Ce jseEÅ”ie cee@[ume Yeer DeheveeS nQ leeefkeĆ¢ efJeefMeā $e+Ce mebJĆeJenejeW mes mebyebefOele peesefKece kesĆ¢ mlej keĆ¢es DeebkeĆ¢e pee mekesĆ¢. yeQkeĆ¢ Ćeje DeefOekeĆ¢ebMe JĆeeJemeeefĆekeĆ¢ $e+CeeW kesĆ¢ peesefKece kesĆ¢ DeekeĆ¢ueve nsleg megĆĆ{ jseEÅ”ie cee@[ue keĆ¢e GheĆeesie efkeĆ¢Ćee peelee nw.
heer[er (ĆetkeĆ¢ mebYeeJeleeDeeW) kesĆ¢ DeueeJee āŗesĆ¢ef[Å” jseEÅ”ie cee@[ue yeQkeĆ¢ keĆ¢er kegĆ¢Ć DevĆe lejerkeĆ¢eW mes Yeer meneĆelee keĆ¢jsiee pees efkeĆ¢ Fme heĆkeĆ¢ej nQ :
ā¢ peesefKece Yeeefjle DeeeqmleĆeeW keĆ¢er ieCevee kesĆ¢ efueS DeebleefjkeĆ¢ jseEÅ”ie DeeOeeefjle ĆeqĀ°keĆ¢esCe (DeeOegefvekeĆ¢ ĆeqĀ°keĆ¢esCe) keĆ¢es Deheveevee.
ā¢ Debleefve&efnle $e+Ce peesefKece keĆ¢es OĆeeve ceW jKeles ngS efJeMes<e cetuĆe $e+Ce megefJeOee.
ā¢ efveefnle $e+Ce peesefKece keĆ¢es OĆeeve ceW jKeles ngS mecemle $e+Ce peesefKece keĆ¢es ceehevee, GmekeĆ¢e DeekeĆ¢ueve keĆ¢jvee Deewj $e+Ce peesefKece nsleg Dehesef#ele heĆesHeĆ¢eFue lewĆeej keĆ¢jvee.
keĆ¢eGCÅ”j heeÅ”ea kesĆ¢ mlej hej $e+Ce peesefKece keĆ¢e cetuĆeebkeĆ¢ve keĆ¢jves kesĆ¢ DeefleefjĆ²eĆ¢ yeQkeĆ¢ kesĆ¢ heeme mebefJeYeeie mlej hej $e+Ce peesefKece keĆ¢e cetuĆeebkeĆ¢ve keĆ¢jves kesĆ¢ efueS GheĆegĆ²eĆ¢ heĆefāŗeĆ¢Ćee SJeb heƦefle nw. yeQkeĆ¢ efveĆeefcele DeblejeueeW hej $e+Ce mebefJeYeeie keĆ¢er meceer#ee keĆ¢jlee nw leeefkeĆ¢ $e+Ce mebefJeYeeie keĆ¢er iegCeJeĆ²ee ceW megOeej nes mekesĆ¢ Ćee kegĆ¢Ć $e+efCeĆeeW / #es$eeW / GĆ eesieeW ceW $e+Ce mebkeWĆ¢ĆµCe kesĆ¢ heĆefleketĆ¢ue heĆYeeJeeW keĆ¢es keĆ¢ce efkeĆ¢Ćee pee mekesĆ¢.
yeepeej peesefKece
yeepeej peesefKece yeepeej Ćeje efveOee&efjle ojeW Deewj cetuĆeeW ceW heĆefleketĆ¢ue Gleej-ĆeĆ{eJe kesĆ¢ keĆ¢ejCe mebYeeefJele neefveĆeeW kesĆ¢ Ā¤he ceW neslee nw. yeepeej peesefKece heĆyebOeve keĆ¢e GƶsMĆe yeQkeĆ¢ keĆ¢er DeeĆe Deewj FeqkeƤJeÅ”er kesĆ¢ meeLe legueve-he$e SJeb mebjĆeveelcekeĆ¢ eqmLeefle keĆ¢es #eefle hengbĆeeves Jeeues DelĆeefOekeĆ¢ SkeƤmeheespej mes yeĆevee Deewj efJeĆ²eerĆe efueKeleeW pewmes heĆefleYetefleĆeeW efJeosMe efJeefveĆece mebefJeoeSb, FeqkeƤJeÅ”er leLee [sjerJesefÅ”Je efueKeleeW ceW efveefnle Gleej-ĆeĆ{eJe ceW yeQkeĆ¢ kesĆ¢ SkeƤmeheespej keĆ¢es keĆ¢ce keĆ¢jvee nw. efJeĆ²eerĆe ceOĆemLe kesĆ¢ Ā¤he ceW yeQkeĆ¢ kesĆ¢ mece#e cegKĆe peesefKece yĆeepe oj peesefKece nw, pees efkeĆ¢ yeQkeĆ¢ keĆ¢er Deeeqmle-osĆelee heĆyebOeve keĆ¢eĆe&keĆ¢ueeheeW kesĆ¢ keĆ¢ejCe GlheVe neslee nw.
yeQkeĆ¢ kesĆ¢ yeepeej mes mebyeƦ DevĆe peesefKeceeW ceW efJeosMeer cegƵe eqmLeefle hej efJeosMeer cegƵe peesefKece, vekeĆ¢oer DeLeJee efveĆeefcele peesefKece Deewj Å”^seE[ie heesÅ”&HeĆ¢esefueĆeeW hej cetuĆe peesefKece nw.
yeQkeĆ¢ ves DeHeves Å”^spejer keĆ¢eĆeeX kesĆ¢ efveĆeb$eCe Deewj GvekeĆ¢er efveiejeveer nsleg mheĀ° veerefle yeveeF& nw. Fve veerefleĆeeW ceW heĆyebOeve veerefleĆeeW, heĆefāŗeĆ¢ĆeeDeeW, efJeJeskeĆ¢meccele $e+Ce meerceeDeeW, meceer#ee heĆCeeueer Deewj efjheese\Å”ie heƦefleĆeeW keĆ¢e meceeJesMe nw. efJeĆ²eerĆe Deewj yeepeej eqmLeefleĆeeW ceW heefjJele&ve kesĆ¢ DevegĀ¤he Fve veerefleĆeeW ceW DeeJeefOekeĆ¢ Ā¤he mes mebMeesOeve efkeĆ¢Ćee peelee nw.
yĆeepe oj peesefKece keĆ¢e DeekeĆ¢ueve yĆeepe oj DeeqmLejlee Devlejeue efjheesÅ”& leLee peesefKece DeeĆe kesĆ¢ DeeOeej hej efkeĆ¢Ćee peelee nw. FmekesĆ¢ DeueeJee yeQkeĆ¢ ceeefmekeĆ¢ DeeOeej hej DeJeefOe, mebMeesefOele DeJeefOe, efveJesMe heesÅ”&HeĆ¢esefueĆeeW kesĆ¢ peesefKece cetuĆe, efpemeceW mLeeĆeer DeeĆe heĆefleYetefleĆeeb, FeqkeƤJeÅ”erpe leLee efJeosMeer cegƵe heespeerMeve Meeefceue nw, ieCevee keĆ¢jlee nw. yeQkeĆ¢, DeuheJeefOe yĆeepe oj peesefKece
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20
keĆ¢er cee@efveÅ”eEjie, MegƦ yĆeepe DeeĆe (SveDeejDeeF&) leLee oerIe& DeJeefOe yĆeepe peesefKece keĆ¢er cee@efveÅ”eEjie FeqkeƤJeÅ”er kesĆ¢ Deee|LekeĆ¢ cetuĆe (F&JeerF&) keĆ¢es OĆeeve ceW jKeles ngS keĆ¢jlee nw. Å”^spejer kesĆ¢ meboYe& ceW JesuĆet SÅ” efjmkeĆ¢ keĆ¢er ieCevee 99.0% keĆ¢e@veefHeĆ¢[Wme uesJeue hej 10 efove keĆ¢er neseĆ©u[ie DeJeefOe kesĆ¢ DeeOeej hej keĆ¢er peeleer nw. DeeqmLejlee efJeMues<eCe leLee FeqkeƤJeÅ”erpe kesĆ¢ ceeOĆece mes eqmLej yĆeepe efveJesMe heesÅ”&HeĆ¢esefueĆeeW keĆ¢er mÅ”^sme peebĆe heefjeqmLeefleiele efJeMues<eCe kesĆ¢ ceeOĆece mes efveĆeefcele Ā¤he mes keĆ¢er peeleer nw. YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW kesĆ¢ DeeOeej hej yeQkeĆ¢, FeqkeƤJeÅ”er heĆYeeJe kesĆ¢ Deee|LekeĆ¢ cetuĆe keĆ¢e efleceener DeeOeej hej DeekeĆ¢ueve keĆ¢j jne nw.
heefjĆeeueve peesefKece
DeheĆee&hle DeLeJee DemeHeĆ¢ue DeebleefjkeĆ¢ heefjĆeeueve heĆefāŗeĆ¢Ćee, ceeveJe Deewj heƦefle DeLeJee yeeĀ¢e lelJeeW kesĆ¢ keĆ¢ejCe nesves Jeeues neefve peesefKece keĆ¢es heefjĆeeueve peesefKece keĆ¢ne peelee nw. pewmee efkeĆ¢ Thej yeleeĆee ieĆee nw, heefjĆeeueve peesefKece heĆyebOeve meefceefle kesĆ¢ heeme yeQkeĆ¢ kesĆ¢ heefjĆeeueve peesefKece hej efveĆeb$eCe jKeves keĆ¢e heĆeefOekeĆ¢ej SJeb efpeccesoejer nw. yeQkeĆ¢, Deheveer DeebleefjkeĆ¢ heƦefleĆeeW Deewj heĆefāŗeĆ¢ĆeeDeeW keĆ¢er meceer#ee Deewj FvekesĆ¢ efJeefOeJele Devegheeueve Ćeje heefjĆeeueve peesefKece hej efveĆeb$eCe jKelee nw. yeQkeĆ¢ heĆefle Ćceener DeeOeej hej heefjĆeeueve peesefKece mebyebOeer DeebkeĆ¢Ć[eW keĆ¢e mebieĆnCe SJeb efJeefYeVe Deueie-Deueie HewjeceerÅ”jeW hej FvekeĆ¢e efJeMues<eCe keĆ¢jlee nw Deewj peneb keĆ¢neR peĀ¤jer nes, Jeneb DeefJeuebye megOeej kesĆ¢ GheeĆe efkeĆ¢S peeles nQ.
yeemesue II keĆ¢e yeQkeĆ¢ Ćeje Devegheeueve
yeQkeĆ¢ keĆ¢er, DevĆe YeejleerĆe yeQkeĆ¢eW keĆ¢er leguevee ceW efJeosMeeW ceW JĆeehekeĆ¢ GheeqmLeefle nw Deewj FmeefueS 31 ceeĆe&, 2008 mes Fmeves yeemesue II efoMeeefveoxMeeW keĆ¢es keĆ¢eĆee&eqvJele keĆ¢j efoĆee nw. YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW keĆ¢es OĆeeve ceW jKekeĆ¢j yeQkeĆ¢ ves $e+Ce peesefKece kesĆ¢ efueS ceevekeĆ¢erke=Ć¢le ĆeqĀ°keĆ¢esCe, heefjĆeeueve peesefKece kesĆ¢ efueS cetue mebkesĆ¢lekeĆ¢ ĆeqĀ°keĆ¢esCe keĆ¢es DeheveeĆee nw. Fme heĆkeĆ¢ej yeQkeĆ¢, yeemesue I leLee yeemesue II efoMeeefveoxMeeW kesĆ¢ lenle meceeveevlej DeeOeej hej peesefKece Yeeefjle Deeeqmle Devegheele (meerDeejSDeej) ceW hetbpeer keĆ¢er ieCevee keĆ¢j jne nw. yeQkeĆ¢ yeemeue II efoMee-efveoxMeeW kesĆ¢ lenle heefjĆeeueve peesefKece nsleg DeefleefjĆ²eĆ¢ hetbpeer keĆ¢e heĆeJeOeeve keĆ¢j jne nw.
yeQkeĆ¢ kesĆ¢ meerDeejSDeej keĆ¢es efvecveevegmeej meebjeMeerke=Ć¢le efkeĆ¢Ćee ieĆee nw.
efoveebkeĆ¢ yeemesue I yeemesue II
31.03.2010 12.84 % 14.36 %
31.03.2011 13.02 % 14.52 %
31.03.2012 12.95 % 14.67 %
yeemesue II kesĆ¢ ceeveob[eW kesĆ¢ lenle YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efheuej II efoMeeefveoxMeeW kesĆ¢ Devegheeueve mJeĀ¤he yeQkeĆ¢ ves mebYeeefJele efJeefYeVe peesefKeceeW kesĆ¢ mebyebOe ceW DeebleefjkeĆ¢ hetbpeer keĆ¢e DeekeĆ¢ueve keĆ¢jves kesĆ¢ efueS Deheveer DeebleefjkeĆ¢ hetbpeer heĆee&hlelee DeekeĆ¢ueve heĆefāŗeĆ¢Ćee veerefle (DeeF&meerSSheer) lewĆeej keĆ¢er nw. leveeJe hejer#eCe Deewj heefjJesMe efJeMues<eCe keĆ¢e yeQkeĆ¢ keĆ¢er efJeĆ²eerĆe leLee heĆyebOeve #ecelee keĆ¢e efJeMues<eCe keĆ¢jves kesĆ¢ efueS Fmlesceeue efkeĆ¢Ćee peelee nw. leeefkeĆ¢ efJeefMeĀ° efkeĆ¢vleg mebYeeefJele heefjeqmLeefleĆeeW ceW heĆYeeJeMeeueer {bie mes heefjĆeeueve peejer jKee pee mekesĆ¢. yeQkeĆ¢ ceW efveosMekeĆ¢ ceb[ue Ćeje Devegceesefole leveeJe hejer#eCe veerefle nw efpemeceW mebYeeJĆe mebJesoveMeerueleeDeeW keĆ¢er henĆeeve keĆ¢jves keĆ¢er efJeefYeVe lekeĆ¢veerkeĆ¢eW SJeb yeQkeĆ¢ Ćeje GvekeĆ¢es Jenve keĆ¢jves keĆ¢er #ecelee keĆ¢e JeCe&ve efkeĆ¢Ćee ieĆee nw. yeQkeĆ¢ ves DeeF&meerSSheer veerefle kesĆ¢ Devegmeej DeƦ&Jeee|<ekeĆ¢ DeeOeej hej leveeJe hejer#eCe SJeb DeeF&meerSSheer hejer#eCe keĆ¢jeĆee nw.
yeemesue-II kesĆ¢ efheuej 3 (DeLee&le yeepeej DevegMeemeve) keĆ¢e heĆĆeespeve heĆkeĆ¢Å”erkeĆ¢jCe DeeJeMĆekeĆ¢leeDeeW keĆ¢e mesÅ” lewĆeej keĆ¢jvee nw leeefkeĆ¢ yeepeej DevegMeemeve keĆ¢es heĆeslmeeefnle
keĆ¢jles ngS heĆefleYeeefieĆeeW keĆ¢es DevegheĆĆeesie kesĆ¢ oeĆejs, hetbpeer, $e+Ce efveJesMe, $e+Ce efveOee&jCe heĆefāŗeĆ¢ĆeeDeeW kesĆ¢ yeejs ceW heĆcegKe metĆeveeSb GheueyOe neW Deewj yeQkeĆ¢ keĆ¢er hetbpeer heĆee&hlelee megefveeqĀ§ele nes.
efheuej-III heĆkeĆ¢Å”erkeĆ¢jCe $ewceeefmekeĆ¢ leLee Ćceener DeeOeej hej leLee heĆlĆeskeĆ¢ Je<e& ceeĆe& ceW Je<e& kesĆ¢ Deble kesĆ¢ heĆkeĆ¢Å”erkeĆ¢jCe yeQkeĆ¢ keĆ¢er JesyemeeFÅ” hej heĆkeĆ¢eefMele efkeĆ¢S peeles nQ. Je<e& kesĆ¢ Deble kesĆ¢ heĆkeĆ¢Å”erkeĆ¢jCe yeQkeĆ¢ keĆ¢er Jeee|<ekeĆ¢ efjheesÅ”& ceW heĆkeĆ¢eefMele nesles nQ Deewj yeQkeĆ¢ keĆ¢er JesyemeeFÅ” hej Yeer GheueyOe jnles nQ.
yeemesue-III keĆ¢er lewĆeejer : YeejleerĆe efjpeJe& yeQkeĆ¢ ves 2 ceF&, 2011 keĆ¢es yeemesue-III kesĆ¢ yeejs ceW Debeflece efoMeeefveoxMe peejer keĆ¢j efoS nQ. yeemesue-II Deewj yeemesue-III kesĆ¢ Debleie&le vĆetvelece hetbpeer DeeJeMĆekeĆ¢leeDeeW keĆ¢e legueveelcekeĆ¢ efJeJejCe veerĆes heĆmlegle nw
ceeveob[ yeemesue II yeemesue III
meeceevĆe FeqkeƤJeÅ”er hetbpeer
ueeiet veneR 5.5%
Å”erĆej-I hetbpeer 6% 7%
kegĆ¢ue hetbpeer 9% 9%
hetbpeer heĆlĆeeJele&ve yeHeĆ¢j (efJeĆ²eerĆe Deewj Deee|LekeĆ¢ oyeeJeeW keĆ¢er DeJeefOeĆeeW ceW neefveĆeeW
keĆ¢er YejheeF& nsleg heĆĆegĆ²eĆ¢ nesves Jeeueer
yeHeĆ¢j hetbpeer) (keĆ¢eceve FeqkeƤJeÅ”er kesĆ¢ Ā®he ceW)
MetvĆe 2.5%
yeemesue-III keĆ¢es efoMeeefveoxMeeW kesĆ¢ Debleie&le YeejleerĆe efjpeJe& yeQkeĆ¢ Ćeje MegĀ¤ efkeĆ¢S ieS ceevekeĆ¢ nw : (i) yeQkeĆ¢ kesĆ¢ leguevehe$e keĆ¢er peesefKeceer heĆJe=efĆ²e kesĆ¢ efueS DeefleefjĆ²eĆ¢ ceevekeĆ¢ kesĆ¢ Ā¤he ceW vĆetvelece 4.5% keĆ¢e efueJejspe Devegheele (ii) lejuelee keĆ¢Jejspe Devegheele (Sue.meer.Deej.) Deewj eqmLej efveefOeĆeve Devegheele (SveSmeSHeĆ¢Deej) kesĆ¢ Ā®he ceW oes lejuelee ceevekeĆ¢.
peveJejer 2013 mes peveJejer 2017 keĆ¢er meceeveeblej DeJeefOe kesĆ¢ oewjeve yeQkeĆ¢eW keĆ¢es 4.5% keĆ¢e vĆetvelece ueerJejspe Devegheele yeveeS jKeves keĆ¢e heĆĆeeme keĆ¢jvee nesiee. 01 peveJejer 2018 mes meceeveevlej DeJeefOe heĆYeeJeer nes peeves kesĆ¢ yeeo YeejleerĆe efjpeJe& yeQkeĆ¢ Ćeje efveĆeecekeĆ¢ ueerJejspe Devegheele efveOee&efjle efkeĆ¢Ćee peeSiee.
lejuelee keĆ¢Jejspe Devegheele (SuemeerDeej) kesĆ¢ Debleie&le yeQkeĆ¢ kesĆ¢ efueS Dehesef#ele nw efkeĆ¢ Jen 30 efoveeW mes DeefOekeĆ¢ keĆ¢er Deheves kegĆ¢ue oyeeJeieĆmle MegĆ vekeĆ¢oer heĆJeeneW keĆ¢es keĆ¢Jej keĆ¢jves kesĆ¢ efueS heĆee&hle GĆĆe iegCeJeĆ²eeJeeueer lejue DeeeqmleĆeeb jKes. MegĆ eqmLej efveefOeĆeve Devegheele (SveSmeSHeĆ¢Deej) kesĆ¢ Debleie&le yeQkeĆ¢ kesĆ¢ efueS Ćen Dehesef#ele nw efkeĆ¢ Jen efJemleeefjle oyeeJe keĆ¢er SkeĆ¢ Je<e& DeJeefOe efueS DeeJeMĆekeĆ¢ eqmLej efveefOeĆeve jeefMe mes DeefOekeĆ¢ eqmLej efveefOeĆeve jeefMe GheueyOe jKes.
yeQkeĆ¢ kesĆ¢ heeme GmekeĆ¢er yeefnĆeeW ceW GheueyOe hetbpeer keĆ¢er cee$ee Deewj iegCeJeĆ²ee Deewj ceeĆe& 2012 keĆ¢es Å”erĆej-I keĆ¢er 93.05% keĆ¢eceve FeqkeƤJeÅ”er mes Ćen DeeMee keĆ¢er peeleer nw efkeĆ¢ yeQkeĆ¢ efyevee efkeĆ¢meer DeefOekeĆ¢ keĆ¢ef"veeF& kesĆ¢ efJeĆ²eerĆe Je<e& 2014 lekeĆ¢ yeemesue-III keĆ¢er DeeJeMĆekeĆ¢leeDeeW keĆ¢es hetje keĆ¢j uesiee uesefkeĆ¢ve Fme efoMee ceW Deeies ye{ves kesĆ¢ efueS yeQkeĆ¢ keĆ¢es efJeĆ²e Je<e& 2015 Deewj Gmemes Deeies hetbpeeriele efveefOeĆee@b efJeMes<e Ā¤he mes keĆ¢eceve FeqkeƤJeÅ”er HebĆ¢[ keĆ¢er hete|le keĆ¢jveer nesieer.
Art13\D:\Annual Report 2011 - 2012\fINAL 19-5-12\final Dirctors Report Hindi.indd 21 May 28, 2012 1:22 PM
Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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$e+Ce efveiejeveer keĆ¢eĆe&
yeQkeĆ¢ ves Deheveer $e+Ce DeeeqmleĆeeW keĆ¢er iegCeJeĆ²ee keĆ¢es megjef#ele jKeves kesĆ¢ efueS Deheves $e+Ce heesÅ”&HeĆ¢esefueĆeeW keĆ¢er melele efveiejeveer nsleg SkeĆ¢ heĆCeeueer yeveeĆeer nw. yeQkeĆ¢ kesĆ¢ heeme efJeefYeVe mlejeW hej DeefieĆce KeeleeW keĆ¢er ceeefmekeĆ¢ peebĆe kesĆ¢ efueS megJĆeJeeqmLele heĆefle nw pees DeeeqmleĆeeW keĆ¢er iegCeJeĆ²ee ceW efiejeJeÅ” keĆ¢es jeskeĆ¢ves Deewj meceieĆ $e+Ce mebefJeYeeie keĆ¢er iegCeJeĆ²ee megOeej nsleg meceĆe hej keĆ¢oce G"eves keĆ¢e keĆ¢eĆe& keĆ¢jleer nw.
$e+Ce efveiejeveer kesĆ¢ efueS keĆ¢eheexjsÅ” mlej hej ceneheĆyebOekeĆ¢ keĆ¢er osKejsKe ceW SkeĆ¢ Deueie mes efJeYeeie leLee DebĆeue Je #es$eerĆe mlej hej $e+Ce efveiejeveer kesĆ¢ efueS efJeYeeieeW keĆ¢e ie"ve efmelecyej 2008 mes efkeĆ¢Ćee ieĆee nw. yeQkeĆ¢ keĆ¢er Iejsuet $e+Ce veerefle kesĆ¢ DevegĀ¤he meYeer DebĆeue/#es$eerĆe keĆ¢eĆee&ueĆeeW ceW eqmuehespe efveJeejkeĆ¢ keĆ¢eĆe&-oueeW keĆ¢e ie"ve efkeĆ¢Ćee ieĆee nw. yeQkeĆ¢ ves DeejbefYekeĆ¢ ĆejCe ceW eqmuehespe keĆ¢es jeskeĆ¢ves kesĆ¢ GodosMĆe mes efJeĆ eceeve ceeveob[ SJeb efoMeeefveoxMeeW kesĆ¢ DevegĀ¤He GheĆegĆ²eĆ¢ heĆeJeOeeve keĆ¢es Meeefceue keĆ¢j yeQkeĆ¢ keĆ¢er Iejsuet $e+Ce veerefle keĆ¢es DevegketĆ¢ue yevee efoĆee ieĆee nw. yeQkeĆ¢ ves $e+Ce efveiejeveer heĆefāŗeĆ¢ĆeeDeeW keĆ¢es Demejoej yeveeves keĆ¢er efoMee ceW DeeeqmleĆeeW keĆ¢er iegCeJeĆ²ee megOeejves, eEĆeleepevekeĆ¢ #es$eeW keĆ¢er henĆeeve keĆ¢jves, efJeMes<e OĆeeve osves ĆeesiĆe MeeKeeDeeW kesĆ¢ efveOee&jCe Deewj keĆ¢eĆe&veerefle lewĆeej keĆ¢jves hej efJeMes<e OĆeeve efoĆee nw. meeLe ner meceĆeyeĆ lejerkesĆ¢ mes keĆ¢eĆee&vJeĆeve megefveeqĀ§ele keĆ¢jves kesĆ¢ efueS DeeJeMĆekeĆ¢ $e+Ce veerefle Yeer yeveeĆeer nw.
keĆ¢eheexjsÅ” mlej hej $e+Ce efveiejeveer efJeYeeie kesĆ¢ cetue GoosMĆe efvecve heĆkeĆ¢ej efveOee&efjle efkeĆ¢S ieS nQ:
ā¢ DeejbefYekeĆ¢ DeJemLee ceW $e+Ce Keeles keĆ¢er keĆ¢efceĆeeW/mecYeeefJele ĆetkeĆ¢/MegĀ¤Deeleer DemJemLelee keĆ¢es henĆeevevee.
ā¢ peye keĆ¢Yeer Yeer efkeĆ¢meer Keeles ceW $e+Ce iegCeJeĆ²ee keĆ¢er #eefle DeLee&le $e+Ce jseEÅ”ie ceW efiejeJeÅ”, Suemeer/ieejbÅ”er keĆ¢er osĆeleeDeeW keĆ¢es hetje keĆ¢jves ceW osjer keĆ¢jves Deewj yĆeepe/efkeĆ¢mleW Deeefo keĆ¢er DeoeĆeieer ceW efJeuecye nesves kesĆ¢ mebkesĆ¢le efceueles nQ lees GvnW jeskeĆ¢ves kesĆ¢ efueS meceĆe hej GheĆegĆ²eĆ¢ SJeb megOeejelcekeĆ¢ keĆ¢oce G"evee.
ā¢ keĆ¢"esj DevegJeleea keĆ¢eĆe&Jeener kesĆ¢ ceeOĆece mes Deeeqmle JeieeakeĆ¢jCe SJeb $e+Ce jseEÅ”ie ceW Deeves Jeeueer efiejeJeÅ” keĆ¢es jeskeĆ¢vee.
ā¢ $e+Ce KeeleeW keĆ¢er hegve: mebjĆevee/hegve: meceĆe efveOee&jCe/hegve: ĆejCeyeĆ keĆ¢jves kesĆ¢ efueS GheĆegĆ²eĆ¢ ceeceueeW keĆ¢er henĆeeve keĆ¢jvee Deewj meeLe ner GheĆegĆ²eĆ¢ SJeb JeemleefJekeĆ¢ ceeceueeW ceW hegve: efJeĆ²e heĆoeve keĆ¢jvee. meer[erDeej keĆ¢#e leLee DebĆeue SJeb #es$eerĆe keĆ¢eĆee&ueĆeeW mes mecheke&Ć¢ mLeeefhele keĆ¢jvee.
ā¢ KeeleeW keĆ¢er meceer#ee SJeb efveĆece leLee MeleeX kesĆ¢ Devegheeueve nsleg DeeJeMĆekeĆ¢ keĆ¢oce G"ekeĆ¢j / efveĆeefcele Ā¤he mes DevegJeleea keĆ¢ej&Jeener keĆ¢jkesĆ¢ yeQkeĆ¢ kesĆ¢ $e+Ce mebefJeYeeie keĆ¢er iegCeJeĆ²ee ceW megOeej ueevee.
ā¢ $e+Ce jseEÅ”ie ceW megOeej keĆ¢jves kesĆ¢ heĆĆeeme keĆ¢jvee.
ā¢ yeerDeeFSHeĆ¢Deej kesĆ¢ Debleie&le KeeleeW keĆ¢er heĆieefle hej efveiejeveer jKevee.
DeefieĆce KeeleeW keĆ¢e hegveie&"ve
Deeeqmle iegCeJeĆ²ee keĆ¢es megOeejves nsleg melele JĆeJemeeĆe jCeveerefle kesĆ¢ Ā¤he ceW yeQkeĆ¢ Ćeje DeefieĆce heesÅ”&HeĆ¢esefueĆeeW hej GĆ eesieJeej Deewj GOeejkeĆ¢lee&Jeej Ā¤he ceW OĆeeve kesĆ¢eqvƵle efkeĆ¢Ćee ieĆee leeefkeĆ¢ Jele&ceeve eqmLeefle Deewj YeefJe<Će ceW Deeves Jeeueer mecemĆeeDeeW keĆ¢e efJeMues<eCe efkeĆ¢Ćee pee mekesĆ¢ Deewj DeefieĆce KeeleeW ceW DemJemLelee / mebYeeefJele ĆetkeĆ¢eW / mebYeeefJele vĆetveleeDeeW keĆ¢er henĆeeve keĆ¢jkesĆ¢ GefĆele Deewj meceĆe jnles megOeejelcekeĆ¢ GheeĆe keĆ¢jles ngS $e+Ce iegCeJeĆ²ee ceW #eefle keĆ¢es jeskeĆ¢e pee mekesĆ¢.
yeQkeĆ¢ kesĆ¢ keĆ¢eheexjsÅ” keĆ¢eĆee&ueĆe eqmLele $e+Ce efveiejeveer efJeYeeie Ćeje MegĀ¤Deeleer DemJemLelee / mebYeeefJele ĆetkeĆ¢ / vĆetveleeDeeW keĆ¢er henĆeeve keĆ¢jves kesĆ¢ efueS DeveskeĆ¢ henueW keĆ¢er nQ leeefkeĆ¢ megOeejelcekeĆ¢ keĆ¢ej&JeeF& keĆ¢er pee mekesĆ¢. FmeceW eqmuehespe jeskeĆ¢ves kesĆ¢ efueS GheĆegĆ²eĆ¢ ceeceueeW kesĆ¢ hegveie&"ve leLee Deeeqmle iegCeJeĆ²ee keĆ¢es yeveeS jKevee Meeefceue nw. efJeYeeie ves ceeefmekeĆ¢ efveiejeveer efjheesÅ”& (SceSceDeej) kesĆ¢ heĆeĀ¤he ceW mebMeesOeve nsleg DebĆeue / #es$eerĆe keĆ¢eĆee&ueĆeeW mes megPeeJe ceebies. SceSceDeej keĆ¢es mebMeesefOele efkeĆ¢Ćee ieĆee Deewj Fmes DeefOekeĆ¢ heĆYeeJeer yeveeves nsleg GmeceW heefjĆeeueve FkeĆ¢eFĆeeW mes heĆehle megPeeJe Meeefceue efkeĆ¢S ieS.
efJelleerĆe Je<e& 2012 kesĆ¢ oewjeve Hegveie&ef"le KeeleeW kesĆ¢ kegĆ¢ue yekeĆ¢eĆee keĆ¢er efmLeefle 31 ceeĆe& 2012 kesĆ¢ efvecvevegmeej Leer.
efJelleerĆe Je<e& 2012 ceW hegveie&ef"le $e+CeeW keĆ¢er yekeĆ¢eĆee jeefMe (Iejsuet) (31 ceeĆe&, 2012 keĆ¢er efmLeefle kesĆ¢ Devegmeej
(` keĆ¢jesĆ[esb ceW)
efJeJejCe meer [er Deej heĆefle Sme Sce F& hegveie&"ve DevĆe kegĆ¢ue
hegveie&ef"le ceevekeĆ¢ DeefieĆce $e+efCeĆeeW keĆ¢er mebKĆee 16 274 9,596 9,886
yekeĆ¢eĆee jeefMe 1,534.03 435.31 6,276.61 8,245.95
hegveie&ef"le DeJe ceevekeĆ¢ DeefieĆce
$e+efCeĆeeW keĆ¢er mebKĆee 0 5 2,042 2,047
yekeĆ¢eĆee jeefMe 0 10.38 5.09 15.47
hegveie&ef"le mebefoiOe DeefieĆce $e+efCeĆeeW keĆ¢er mebKĆee 0 2 40 42
yekeĆ¢eĆee jeefMe 0 1.93 2.06 3.99
kegĆ¢ue $e+efCeĆeeW keĆ¢er mebKĆee 16 281 11,678 11,975
yekeĆ¢eĆee jeefMe 1,534.03 447.62 6,283.76 8,265.41
GhejesĆ²eĆ¢ Iejsuet hegveie&"ve kesĆ¢ DeefleefjĆ²eĆ¢ Debleje&Ā°^erĆe heefjĆeeueveeW ceW yeQkeĆ¢ ves efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve Ā®. 613.78 keĆ¢jesĆ[ keĆ¢er yekeĆ¢eĆee jeefMe (31 ceeĆe& 2012 keĆ¢es) kesĆ¢ KeeleeW keĆ¢e hegveie&"ve efkeĆ¢Ćee ieĆee.
DeeHekesĆ¢ yeQkeĆ¢ ves DeHeves $e+Ce HeesÅ”&HeĆ¢esefueĆees keĆ¢er Deeeqmle iegCeJeĆ²ee ceW megOeej kesĆ¢ efueS yeĆ[er jeefMe Jeeues DeeqĀ«ece KeeleeW ceW KeeleeW keĆ¢er meceer#ee, MeleeX SJeb efveĆeceeW keĆ¢e DevegHeeueve, āŗesĆ¢ef[Å” jseEÅ”ie ceW DeHeĀ«es[sMeve FlĆeeefo keĆ¢e keĆ¢eĆe& lespeer mes megefveefĀ§ele keĆ¢jves kesĆ¢ efueS efJeMes<e DevegJeleea keĆ¢eĆe&Jeener Yeer MegĀ¤ keĆ¢er nw.
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Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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Deee|LekeĆ¢ DeemetĆevee FkeĆ¢eF&
yeQkeĆ¢ kesĆ¢ keĆ¢eheexjsÅ” keĆ¢eĆee&ueĆe ceW keĆ¢eĆe&jle efJeMes<e Deee|LekeĆ¢ DeemetĆevee FkeĆ¢eF&, veereflehejkeĆ¢ JĆeJemeeĆe DeeĆeespevee, efveJesMekeĆ¢ mebyebOe SJeb $e+Ce leLee Deeeqmle osĆelee heĆyebOeve yeepeej peesefKece heĆyebOeve pewmes #es$eeW ceW GĆĆe heĆyebOeve Jeie& keĆ¢es menĆeesie osleer nw. Ćen FkeĆ¢eF& efveĆeefcele Ā¤he mes GĆĆe heĆyebOeve Jeie& leLee yeQkeĆ¢ keĆ¢er efJeefYeVe heefjĆeeueve FkeĆ¢eFĆeeW keĆ¢es meceĆe meceĆe hej heĆcegKe #es$eeW ceW pewmes DeewĆ eesefiekeĆ¢ SJeb mebie"veelcekeĆ¢ efJekeĆ¢eme, cegƵe mHeĆ¢erefle yĆeepe oj, mÅ”e@keĆ¢ mebĆeeueve, $e+Ce efJemleej SJeb yeQeEkeĆ¢ie GĆ eesie nsleg mebmeeOeve pegÅ”evee, lejuelee SJeb efJeefveceĆe ojeW pewmes heĆcegKe #es$eeW kesĆ¢ mebyebOe ceW DeeJeefOekeĆ¢ Ā¤he mes peevekeĆ¢ejer heĆoeve keĆ¢jleer nw.
JĆeehekeĆ¢ Deee|LekeĆ¢ henuegDeeW, keĆ¢eheexjsÅ” Deewj efJeĆ²eerĆe #es$e keĆ¢er veerefleĆeeW kesĆ¢ mebyebOe ceW yesnlej mecePe heĆoeve keĆ¢j yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe keĆ¢er Deee|LekeĆ¢ DeemetĆevee FkeĆ¢eF& JĆeeJemeeefĆekeĆ¢ DeJemejeW keĆ¢e DeefOekeĆ¢lece HeĆ¢eĆeoe G"eves nsleg yeQkeĆ¢ kesĆ¢ heĆĆeemeeW Deewj yeepeej kesĆ¢ meceerkeĆ¢jCeeW kesĆ¢ efnmeeye mes Deheves keĆ¢es DevegketĆ¢ue yeveeves ceW menĆeesie heĆoeve keĆ¢jleer nw.
Deee|LekeĆ¢ DeemetĆevee FkeĆ¢eF& Ćeje JĆeehekeĆ¢ Deee|LekeĆ¢ henuegDeeW, efJeefveceĆe mebyebOeer heĆieefle kesĆ¢ mebyebOe ceW SkeĆ¢ meehleeefnkeĆ¢ F&-yeguesefÅ”ve keĆ¢e heĆkeĆ¢eMeve efkeĆ¢Ćee peelee nw. leeefkeĆ¢ yeQkeĆ¢jeW, efveJesMekeĆ¢eW, efveĆeecekeĆ¢eW Je DevĆe Meer<e& GĆ eesieeW keĆ¢es Deheves mejeskeĆ¢ejeW mes DeJeiele keĆ¢jeĆee pee mekesĆ¢. Ćen FkeĆ¢eF& Deee|LekeĆ¢ ieefleefJeefOeĆeeW keĆ¢e meejebMe heĆmlegle keĆ¢jles ngS yeQkeĆ¢ keĆ¢er yeewefƦkeĆ¢ MeefĆ²eĆ¢ kesĆ¢ Ā¤he ceW keĆ¢ece keĆ¢jleer nw efpemekesĆ¢ DeeOeej hej YeefJe<Će ceW meblegefuele keĆ¢eĆe&veerefleĆeeb lewĆeej nesleer nQ.
DeebleefjkeĆ¢ efveĆeb$eCe heƦefle
DeehekesĆ¢ yeQkeĆ¢ ves Je<e& oj Je<e& Glke=Ć¢Ā° heefjCeece heĆehle keĆ¢jvee peejer jKee nw. meeLe ner Gmeves Deeeqmle iegCeJeĆ²ee kesĆ¢ mebyebOe ceW efyevee mecePeewlee efkeĆ¢S ieS leerve Je<eeX ceW Deheves JĆeJemeeĆe keĆ¢es ogiegvee keĆ¢jves keĆ¢e efjkeĆ¢e[& Yeer yeveeS jKee nw.
DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ kesĆ¢vƵerĆe uesKee SJeb hejer#ee heĆYeeie ves JĆeJemeeĆe Je=efƦ keĆ¢es efyevee Deenle efkeĆ¢S yeQkeĆ¢ kesĆ¢ efveĆeb$eCe SJeb Devegheeueve ceevekeĆ¢eW keĆ¢es megjef#ele jKeves ceW cenlJehetCe& YetefcekeĆ¢e Deoe keĆ¢er nw.
yeQkeĆ¢ keĆ¢e kesĆ¢vƵerĆe efvejer#eCe SJeb uesKee heĆYeeie, heĆOeeve keĆ¢eĆee&ueĆe, yeĆ[ewoe ceW eqmLele nw SJeb Ćen DebĆeue cegKĆeeueĆeeW hej eqmLele DebĆeue efvejer#eCe kesĆ¢vƵeW kesĆ¢ ceeOĆece mes keĆ¢eĆe& keĆ¢jlee nw Deewj MeeKeeDeeW keĆ¢er peesefKece DeebleefjkeĆ¢ uesKee-hejer#ee kesĆ¢ ceeOĆece mes DeebleefjkeĆ¢ efveĆeb$eCe heĆCeeueer keĆ¢es yeveeS jKelee nw. metĆevee heĆCeeueer uesKee hejer#ee (DeeF&.Sme.-Dee@ef[Å”) meceJeleea uesKee-hejer#ee leLee heĆyebOeve uesKee hejer#ee, heefjĆeeueve FkeĆ¢eFĆeeW Ćeje iegCeJeĆ²ee Devegheeueve keĆ¢es yeveeS jKevee megefveeqĀ§ele keĆ¢jles nQ.
efveĆeefcele MeeKee efvejer#eCe efjheesÅ”&, DeehekesĆ¢ yeQkeĆ¢ keĆ¢er heĆCeeueer SJeb heĆefāŗeĆ¢ĆeeDeeW leLee heefjĆeeueve mlej hej efoMeeefveoxMeeW kesĆ¢ Devegheeueve mlej kesĆ¢ mebyebOe ceW heĆyebOeve keĆ¢es meJee&efOekeĆ¢ JĆeehekeĆ¢ ]HeĆ¢er[yewkeĆ¢ heĆoeve keĆ¢jleer nw. Fme heĆkeĆ¢ej Ćen efveĆeb$eCe mLeeefhele keĆ¢jves ceW meJee&efOekeĆ¢ cenlJehetCe& meeOeve nw. uesKee hejeref#ele FkeĆ¢eFĆeeW Ćeje efjheese\Å”ie heĆeefOekeĆ¢ejer Ćeje efJeefOeJele heĆefle-nmlee#eefjle heĆmlegle efkeĆ¢S peeves-Jeeues, megOeej heĆceeCehe$eeW kesĆ¢ ceeOĆece mes Devegheeueve keĆ¢er efveiejeveer keĆ¢er peeleer nw.
yeQkeĆ¢ keĆ¢er peesefKece DeeOeeefjle DeebleefjkeĆ¢ uesKee hejer#ee kesĆ¢ lenle meYeer MeeKeeSb Meeefceue nQ. YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje efJeefvee|oĀ° peesefKece mebjĆevee kesĆ¢ DevegĀ¤he peesefKece kesĆ¢ mlej SJeb efoMee keĆ¢e DeekeĆ¢ueve efkeĆ¢Ćee peelee nw efpememes heĆyebOeve keĆ¢es Gve GĆĆe peesefKece #es$eeW keĆ¢es efveOee&efjle keĆ¢jves ceW meneĆelee efceueleer nw, efpeve hej Deueie mes OĆeeve efoS peeves keĆ¢er peĀ¤jle nw. MeeKeeDeeW kesĆ¢ peesefKece JeieeakeĆ¢jCe keĆ¢er eqmLeefle keĆ¢er meceer#ee efveosMekeĆ¢ ceb[ue keĆ¢er uesKee hejer#ee meefceefle Ćeje $ewceeefmekeĆ¢ DeeOeej hej keĆ¢er peeleer nw. efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve Deej.yeer.DeeF&.S. kesĆ¢ lenle 2769 MeeKeeDeeW keĆ¢e efvejer#eCe efkeĆ¢Ćee ieĆee. ueieYeie 1893 MeeKeeSb (68.36%) vĆetve peesefKece, 748 MeeKeeSb (27%), ceOĆece peesefKece SJeb 128 MeeKeeSb (4.63%) GĆĆe peesefKece ĆesCeer ceW Les.
yeQkeĆ¢ keĆ¢er MeeKeeDeeW kesĆ¢ keĆ¢esj yeQeEkeĆ¢ie huesÅ”HeĆ¢ece& hej Mele heĆefleMele ceeFieĆsÅ” nesves kesĆ¢ heĀ§eele DeeF&. Sme. uesKeehejer#ee keĆ¢e keĆ¢eĆe& DeeF&.Å”er. mebyebefOele peesefKece heĆyebOeve heĆCeeueer SJeb heĆefāŗeĆ¢ĆeeDeeW keĆ¢es yeQkeĆ¢ keĆ¢er DeeF&.Sme uesKee hejer#ee veerefle kesĆ¢ Devegmeej megĆ{lee DeeF&. DeeHekesĆ¢ yeQkeĆ¢ keĆ¢e DeeF&. Sme.uesKee hejer#ee keĆ¢#e efJeefYeVe efjheesÅ”eX kesĆ¢ pevejsMeve Ćeje Deueie mes efveiejeveer keĆ¢jves keĆ¢e keĆ¢eĆe& Yeer keĆ¢jlee nw.
YeejleerĆe efj]peJe& yeQkeĆ¢ keĆ¢er Dehes#eeDeeW kesĆ¢ DevegĀ¤he 50.0% kesĆ¢ JĆeJemeeĆe keĆ¢es keĆ¢Jej keĆ¢jves keĆ¢er ĆeqĀ° mes efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve 682 MeeKeeSb meceJeleea uesKee hejer#ee kesĆ¢ DeOĆeOeerve Leer. efpemekesĆ¢ lenle kegĆ¢ue 62.0% pecee jeefMeĆeeb leLee 81.0% DeefieĆce SJeb 70.0% meceieĆ JĆeJemeeĆe Deelee nw.
YeejleerĆe efjpeJe& yeQkeĆ¢ kesĆ¢ efveoxMeeW kesĆ¢ Devegmeej 3708 $e+Ce KeeleeW keĆ¢er $e+Ce uesKee hejer#ee keĆ¢er ieF&. efpemeceW Ā¤. 2,32,802 keĆ¢jesĆ[ keĆ¢er efveefOe SJeb iewj efveefOe $e+Ce meerceeSb Meeefceue Leer. leeefkeĆ¢ $e+Ce cetuĆeebkeĆ¢ve keĆ¢er iegCeJeĆ²ee SJeb yeĆ[s $e+Ce KeeleeW kesĆ¢ mebyebOe ceW Devegheeueve mlej keĆ¢es yeĆ{eĆee pee mekesĆ¢.
efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve yeQkeĆ¢ kesĆ¢ mÅ”e]HeĆ¢ keĆ¢e@uespe SJeb #es$eerĆe heĆefMe#eCe kesĆ¢vƵeW leLee yeenjer heĆefleeqā¦le heĆefMe#eCe mebmLeeveeW ceW peesefKece heĆyebOeve mebyebOeer efJe<eĆeeW hej 2892 mÅ”e]HeĆ¢ meomĆeeW keĆ¢es heĆefMe#eCe efoĆee ieĆee.
efveosMekeĆ¢ ceb[ue keĆ¢er uesKee hejer#ee meefceefle kesĆ¢ efoMee-efveoxMeeW ceW yeQkeĆ¢ kesĆ¢ efvejer#eCe SJeb uesKee hejer#ee keĆ¢e keĆ¢eĆe& efkeĆ¢Ćee peelee nw SJeb Ćen megefveeqĀ§ele efkeĆ¢Ćee peelee nw efkeĆ¢ yeQkeĆ¢ keĆ¢er JĆeeJemeeefĆekeĆ¢ Je=efƦ SJeb efnleeW kesĆ¢ meeLe-meeLe ueieeleej Devegheeueve hej HeĆ¢eskeĆ¢me yevee jns.
heefjĆeeueve SJeb mesJeeSb ieĆenkeĆ¢esvcegKeer heĆĆeeme
Glke=Ć¢Ā° ieĆenkeĆ¢ mesJee leLee ieĆenkeĆ¢ meblegeqĀ° ncesMee mes ner yeQkeĆ¢ kesĆ¢ jespeceje& heefjĆeeueve kesĆ¢ cetue GƶsMĆe jns nQ. yeQkeĆ¢ ieĆenkeĆ¢eW keĆ¢er peĀ¤jleeW SJeb meblegeqĀ° kesĆ¢ heĆefle ncesMee mes ner Deefle mebJesoveMeerue jne nw SJeb ieĆenkeĆ¢eW keĆ¢es melele DeeOeej hej Glke=Ć¢Ā° mesJee heĆoeve keĆ¢jves nsleg heĆewĆ eesefiekeĆ¢er, heĆefāŗeĆ¢ĆeeDeeW, GlheeoeW SJeb keĆ¢ce&Ćeejer keĆ¢ewMeue kesĆ¢ heĆefle efvejvlej heĆefleyeƦ nw.
neue ner ceW yeQkeĆ¢ ves MeeKeeDeeW ceW ieĆenkeĆ¢ mesJee ceW megOeej nsleg DeveskeĆ¢ GheeĆe efkeĆ¢S nQ. meeLe ner FmeceW ieĆenkeĆ¢ efMekeĆ¢eĆeleeW keĆ¢es lelkeĆ¢eue osj keĆ¢jves nsleg ieĆenkeĆ¢ efMekeĆ¢eĆele efveheÅ”eve heĆCeeueer keĆ¢es megĆ{ efkeĆ¢Ćee nw. DeeHekesĆ¢ yeQkeĆ¢ ves Dee@veueeFve efMekeĆ¢eĆele Å”^seEkeĆ¢ie cees[Åøetue (DeesmeerSce) efāŗeĆ¢ĆeeeqvJele efkeĆ¢Ćee nw leeefkeĆ¢ Ā«eenkeĆ¢ DeHeveer efMekeĆ¢eĆele kesĆ¢ yeejs ceW efmLeefle Hej Yeer vepej jKe mekeWĆ¢.
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Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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kegĆ¢Ć DevĆe cenlJehetCe& henueW veerĆes oer ieF& nQ :
ā¢ Deblej yeQkeĆ¢ yeĆele yeQkeĆ¢ Keelee heesÅ”xefyeefueefÅ” megefJeOee GheueyOe keĆ¢jevee.
ā¢ yeenjer ĆeskeĆ¢eW/efueKeleeW keĆ¢er Jemetueer ceW ngF& osjer kesĆ¢ mebyebOe ceW #eeflehete|le jeefMe kesĆ¢ mJele: Yegieleeve keĆ¢es efmemÅ”ce ceW Deblee|veefnle keĆ¢j efoĆee ieĆee nw.
ā¢ yeĆ[ewoe keĆ¢veskeĆ¤Å” Ćeje Dee@ve-ueeF&ve meeJeefOe pecee megefJeOee
ā¢ efHeĆ¢veskeĆ¢ue heĆCeeueer ceW ope& meYeer KeeleeW ceW veeceebkeĆ¢ve keĆ¢e hebpeerkeĆ¢jCe. meYeer veS KeguevesJeeues KeeleeW ceW veeceebkeĆ¢ve GheueyOe keĆ¢jeves ĆeeefnS SJeb ieĆenkeĆ¢ Ćeje veeceebkeĆ¢ve keĆ¢jves / DemJeerkeĆ¢ej keĆ¢jves keĆ¢es jskeĆ¢e[& efkeĆ¢Ćee peevee ĆeeefnS. Fme DeeMeĆe nsleg metefĆele Yeer efkeĆ¢Ćee ieĆee nw.
ā¢ Gve meYeer yeĆele Keelee/Ćeeuet Keelee leLee Dees[er kesĆ¢ ieĆenkeĆ¢eW kesĆ¢ efueS, efpevekesĆ¢ ceesyeeFue veb. yeQkeĆ¢ kesĆ¢ jskeĆ¢e[& (meeryeerSme heĆCeeueer) ceW ope& nQ, Ā®.50,000 SJeb Gmemes DeefOekeĆ¢ uesveosveeW kesĆ¢ mebyebOe ceW Sme.Sce.Sme. SueÅ”& megefJeOee GheueyOe keĆ¢jeF& ieF& nw.
ā¢ MeeKeeDeeW keĆ¢es efve<āŗeĆ¢erĆe KeeleeW Jeeues ieĆenkeĆ¢eW kesĆ¢ KeeleeW keĆ¢es hegve: meefāŗeĆ¢Će efkeĆ¢S peeves nsleg DevegjesOe keĆ¢jves kesĆ¢ efueS veesefÅ”me Yespeves nsleg metefĆele efkeĆ¢Ćee ieĆee.
MeeKeeDeeW kesĆ¢ mlej hej ieĆenkeĆ¢ mesJee ceW megOeej kesĆ¢ heĆĆeeme
MeeKee mlejerĆe ieĆenkeĆ¢ mesJee meefceefle keĆ¢er yew"keĆ¢eW, efpemeceW Jeefjā¦ veeieefjkeĆ¢eW heWMevejeW meefnle meceepe kesĆ¢ njkesĆ¢ leyekesĆ¢ keĆ¢es Deecebef$ele efkeĆ¢Ćee peelee nw, kesĆ¢ ceeOĆece mes ieĆenkeĆ¢ mesJee keĆ¢er iegCeJeĆ²ee kesĆ¢ mebyebOe ceW HeĆ¢erĆ[ yewkeĆ¢ heĆoeve efkeĆ¢Ćee peelee nw. Fve yew"keĆ¢eW kesĆ¢ oewjeve heĆehle megPeeJeeW/efJeĆeejeW keĆ¢es mecesefkeĆ¢le keĆ¢j MeeKee mlej hej ieĆenkeĆ¢ mesJee kesĆ¢ megOeej kesĆ¢ mebyebOe ceW FvekesĆ¢ keĆ¢eĆee&eqvJele efkeĆ¢S peeves keĆ¢er JĆeJeneĆe&lee keĆ¢er peebĆe keĆ¢er peeleer nw.
yeQkeĆ¢ meYeer ef[ueerJejer ĆewveueeW kesĆ¢ ceeOĆeceeW mes Glke=Ć¢Ā° ieĆenkeĆ¢ mesJee heĆoeve keĆ¢jves hej OĆeeve os jne nw. leLee ieĆenkeĆ¢ meblegeqĀ° mlej keĆ¢es yeĆ{eves kesĆ¢ efueS heĆewĆ eesefiekeĆ¢er keĆ¢j DeefOekeĆ¢lece Fmlesceeue keĆ¢j efJeefYeVe heĆkeĆ¢ej kesĆ¢ ieĆenkeĆ¢eW keĆ¢er efJeefJeOe peĀ¤jleeW kesĆ¢ efueS mecegefĆele JewkeĆ¢equhekeĆ¢ ef[ueerJejer ĆewveueeW leLee F&-GlheeoeW pewmes efkeĆ¢ SÅ”erSce/[sefyeÅ” keĆ¢e[&/heerDeesSce, FbÅ”jvesÅ” yeQeEkeĆ¢ie, ceesyeeFue yeQeEkeĆ¢ie FlĆeeefo. heĆewĆ eesefiekeĆ¢er heĆefāŗeĆ¢ĆeeDeeW kesĆ¢ Ćeje ieĆenkeĆ¢eW keĆ¢er meblegeqĀ° keĆ¢e mlej yeĆ{eves kesĆ¢ efueS ueieeleej heĆĆeeme keĆ¢j jne nw. ieĆenkeĆ¢eW kesĆ¢ efJeefJeOe efnleeW leLee DeekeĆ¢eb#eeDeeW keĆ¢e efJeefYeVe heĆefāŗeĆ¢ĆeeDeeW leLee heƦefleĆeeW ceW megOeej keĆ¢jkesĆ¢ OĆeeve jKee pee jne nw.
Devegheeueve
yeQkeĆ¢ YeejleerĆe yeQeEkeĆ¢ie mebefnlee Deewj ceevekeĆ¢ yees[& (yeermeerSmeyeerDeeF&) keĆ¢e meomĆe nw leLee yeQkeĆ¢ ves yeermeerSmeyeerDeeF& Ćeje Deiemle 2009 ceW mebMeesefOele ieĆenkeĆ¢eW kesĆ¢ heĆefle yeĆeveyeƦlee mebefnlee leLee ceeFāŗeĆ¢es SJeb ueIeg GĆ eesieeW kesĆ¢ heĆefle JeĆeveyeƦlee mebefnlee keĆ¢es Debieerke=Ć¢le keĆ¢j efueĆee nw. yeQkeĆ¢ keĆ¢er JesyemeeFÅ” hej mebefnlee heĆoe|Mele keĆ¢er ieF& nw Deewj Fmes MeeKeeDeeW ceW ieĆenkeĆ¢eW kesĆ¢ efueS Yeer GheueyOe keĆ¢jeĆee ieĆee nw.
YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ ieJeve&j ves efJeĆ²eerĆe Je<e& 2011 keĆ¢er Jeee|<ekeĆ¢ ceeweqƵkeĆ¢ SJeb $e+Ceveerefle keĆ¢er Iees<eCee keĆ¢jles meceĆe heĆmleeJe efkeĆ¢Ćee Lee efkeĆ¢ meYeer yeQkeĆ¢eW keĆ¢es ieĆenkeĆ¢ mesJee/ieĆenkeĆ¢ mejeskeĆ¢ejeW mes mebyebefOele cegƶeW hej efJeĆeej efJeceMe& leLee meceer#ee keĆ¢jves kesĆ¢ efueS 6 cenerves ceW SkeĆ¢ yeej efveosMekeĆ¢ ceb[ue keĆ¢er yew"keĆ¢eW ceW meceĆe osvee ĆeeefnS. FmekesĆ¢ Devegheeueve ceW yeQkeĆ¢ kesĆ¢ efveosMekeĆ¢ ceb[ue ves peveJejer ā petve 2011 leLee pegueeF&-efomebyej 2011 ceW Ssmeer oes meceer#ee yew"keWĆ¢ DeeĆeesefpele
keĆ¢er. Ćes yew"keWĆ¢ yeQkeĆ¢ kesĆ¢ yees[& keĆ¢er efo. 27 Deiemle 2011 leLee 13 DeheĆwue 2012 keĆ¢es ngF& yew"keĆ¢eW kesĆ¢ oewjeve DeeĆeesefpele keĆ¢er ieF&.
efveosMekeĆ¢ ceb[ue keĆ¢er ieĆenkeĆ¢ mesJee meefceefle
yeQkeĆ¢ ves, yeQkeĆ¢ kesĆ¢ DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢ keĆ¢er DeOĆe#elee ceW ieĆenkeĆ¢ mesJee kesĆ¢ efueS efveosMekeĆ¢ ceb[ue keĆ¢er Ghemeefceefle keĆ¢e ie"ve efkeĆ¢Ćee nw. 31 ceeĆe& 2012 keĆ¢es Fme meefceefle ceW efvecveefueefKele meomĆe Les. 1. Ćeer Sce.[er. ceuĆee, DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢ 2. Ćeer jepeerJe kegĆ¢ceej ye#eer, keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢3. Ćeer Sve.Sme. ĆeerveeLe, keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢4. [e@. ceMej&le Meeefno, efveosMekeĆ¢5. Ćeer ceewefueve Jew<CeJe, efveosMekeĆ¢
Ghe meefceefle Ćeje veerefleĆeeW keĆ¢e efvecee&Ce SJeb Devegheeueve keĆ¢er meceer#ee keĆ¢er peeleer nw, efpememes ieĆenkeĆ¢ mesJee ceW melele megOeej megefveeqĀ§ele neslee nw. meefceefle Ćeje peceekeĆ¢lee&DeeW/uee@keĆ¢j OeejkeĆ¢eW/megjef#ele DeefYej#ee ceW jKeer ieF& JemlegDeeW kesĆ¢ peceekeĆ¢lee&DeeW mebyebOeer ce=lekeĆ¢ JĆeefĆ²eĆ¢ĆeeW kesĆ¢ 15 efoveeW keĆ¢er DeJeefOe mes DeefOekeĆ¢ DeJeefOe kesĆ¢ efveheÅ”eve nsleg uebefyele oeJeeW keĆ¢er eqmLeefle keĆ¢er efveiejeveer Yeer keĆ¢er peeleer nw. Ćen yeQeEkeĆ¢ie ueeskeĆ¢heeue kesĆ¢ efveCe&ĆeeW kesĆ¢ keĆ¢eĆee&vJeĆeve keĆ¢er eqmLeefle keĆ¢er meceer#ee keĆ¢jleer nw.
ieĆenkeĆ¢ mesJee mebyebOeer mLeeĆeer meefceefle
yeQkeĆ¢ ves ieĆenkeĆ¢ mesJee mebyebOeer heĆefāŗeĆ¢Ćee leLee efve<heeove uesKee hejer#ee keĆ¢er mLeeĆeer meefceefle ieef"le keĆ¢er nw. Fme meefceefle ceW yeQkeĆ¢ kesĆ¢ oesveeW keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢, 4 ceneheĆyebOekeĆ¢eW meefnle 3 heĆefleeqā¦le JĆeefĆ²eĆ¢ meomĆeeW kesĆ¢ Ā¤he ceW Meeefceue nQ, Ćen meefceefle ieĆenkeĆ¢ mesJee kesĆ¢ mebyebOe ceW YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW kesĆ¢ meceĆe hej heĆYeeJeer keĆ¢eĆee&vJeĆeve kesĆ¢ efueS ieef"le keĆ¢er ieF& nw. meeLe ner Ćen yeQkeĆ¢ ceW heĆĆeefuele JĆeJenejeW SJeb heĆefāŗeĆ¢ĆeeDeeW keĆ¢er meceer#ee keĆ¢jves SJeb efvejvlej DeeJeMĆekeĆ¢ megOeejelcekeĆ¢ keĆ¢ej&JeeF& keĆ¢jles jnves keĆ¢e Yeer keĆ¢eĆe& keĆ¢j jner nw.
MeeKee mlej hej ieĆenkeĆ¢ mesJee meefceefle keĆ¢er yew"keĆ¢eW ceW pees megPeeJe Deeles nw, GvnW #es$eerĆe keĆ¢eĆee&ueĆeeW kesĆ¢ ceeOĆece mes efleceener DeeOeej hej heĆOeeve keĆ¢eĆee&ueĆe Ćeje heĆehle keĆ¢j efueĆee peelee nw leLee FvnW efve<heeokeĆ¢ uesKee hejer#ee mebyebOeer mLeeF& meefceefle kesĆ¢ mece#e jKee peelee nw. efHeĆ¢j meefceefle keĆ¢er yew"keĆ¢eW keĆ¢e HeĆ¢er[yewkeĆ¢ efveosMekeĆ¢ ceb[ue keĆ¢er ieĆenkeĆ¢ mesJee meefceefle kesĆ¢ mece#e heĆmlegle efkeĆ¢Ćee peelee nw.
ieĆenkeĆ¢ kesĆ¢eqvƵle GheeĆe SJeb efMekeĆ¢eĆeleeW keĆ¢e efveheÅ”eve
ā¢ yeQkeĆ¢ ves efveosMekeĆ¢ ceb[ue Ćeje Devegceesefole ieĆenkeĆ¢ efMekeĆ¢eĆele efveJeejCe Hee@efuemeer leLee ieĆenkeĆ¢ efMekeĆ¢eĆele efveJeejCe heĆCeeueer yeveeF& nw. yeQkeĆ¢ mes mebyebefOele efMekeĆ¢eĆeleeW kesĆ¢ efueS heĆOeeve keĆ¢eĆee&ueĆe ceW ceneheĆyebOekeĆ¢ ā heĆYeejer heefjĆeeueve SJeb mesJeeSb efJeYeeie, keĆ¢es vees[ue DeefOekeĆ¢ejer kesĆ¢ Ā¤he ceW veeefcele efkeĆ¢Ćee ieĆee nw. DebĆeue leLee #es$eerĆe mlejeW hej DebĆeue heĆcegKe leLee #es$eerĆe heĆcegKeeW keĆ¢es mebyebefOele DebĆeueeW leLee #es$eeW ceW vees[ue DeefOekeĆ¢ejer veeefcele efkeĆ¢Ćee ieĆee nw. vees[ue DeefOekeĆ¢eefjĆeeW kesĆ¢ veece leLee GvekesĆ¢ Å”sueerHeĆ¢esve vecyej meYeer MeeKeeDeeW ceW heĆoe|Mele efkeĆ¢S ieS nQ.
ā¢ ieĆenkeĆ¢ mesJee leLee efMekeĆ¢eĆele efveJeejCe heĆCeeueer kesĆ¢ mebyebOe ceW meceer#ee veesÅ” heĆlĆeskeĆ¢ efleceener ceW efveosMekeĆ¢ ceb[ue kesĆ¢ mece#e jKee peelee nw, efpemeceW #es$eerĆe keĆ¢eĆee&ueĆe leLee heĆOeeve keĆ¢eĆee&ueĆe mlej hej heĆehle efMekeĆ¢eĆeleeW keĆ¢er eqmLeefle leLee ieĆenkeĆ¢ mesJee ceW megOeej kesĆ¢ efueS yewkeĆ¢ Ćeje G"eS ieS keĆ¢oceeW kesĆ¢ meeLe DevegJeleea keĆ¢ej&JeeF& keĆ¢er peevekeĆ¢ejer oer peeleer nw.
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ā¢ ieĆenkeĆ¢ efMekeĆ¢eĆeleeW keĆ¢es hetjer lejn otj keĆ¢jves leLee yeeOee jefnle ieĆenkeĆ¢ mesJee heĆoeve keĆ¢jves kesĆ¢ efueS ieĆenkeĆ¢eW mes heĆehle efMekeĆ¢eĆeleeW keĆ¢e efJeMues<eCe efkeĆ¢Ćee peelee nw leLee meceĆe hej mecegefĆele keĆ¢ej&JeeF& keĆ¢er peeleer nw leeefkeĆ¢ YeefJe<Će ceW Fme heĆkeĆ¢ej keĆ¢er efMekeĆ¢eĆeleeW keĆ¢er hegvejeJe=efĆ²e ve nes.
ā¢ yeQkeĆ¢ kesĆ¢ heeme ieĆenkeĆ¢ mesJee kesĆ¢ mebyebOe ceW efveosMekeĆ¢ ceb[ue Ćeje Devegceesefole veerefleĆeeb nQ leLee FvnW yeQkeĆ¢ keĆ¢er JesyemeeFÅ” hej heĆoe|Mele efkeĆ¢Ćee ieĆee nw.
ieĆenkeĆ¢eW keĆ¢er megefJeOee nsleg heefjĆeespevee keĆ¢eĆee&ueĆe, yeermeermeer, cegbyeF& kesĆ¢ hejeceMe& ceW SkeĆ¢ Fve-neGme Dee@veueeFve kebĆ¢hueWÅ” Å”weEkeĆ¢ie cee@[Ćetue efJekeĆ¢efmele efkeĆ¢Ćee ieĆee nw. heĆLece ĆejCe ceW yeQkeĆ¢ keĆ¢er meYeer MeeKeeDeeW, #es$eerĆe/DebĆeue keĆ¢eĆee&ueĆeeW keĆ¢eĆe&efJeYeeieeW kesĆ¢ efueS Ćetpej DeeF&[er SJeb heemeJe[& pevejsÅ” keĆ¢jves keĆ¢e keĆ¢eĆe& hetCe& efkeĆ¢Ćee ieĆee nw. meYeer #es$eerĆe keĆ¢eĆee&ueĆe SJeb keĆ¢eĆe&efJeYeeieeW ves meHeĆ¢ueleehetJe&keĆ¢ efMekeĆ¢eĆele cee@[Ćetue keĆ¢es SkeƤmesme efkeĆ¢Ćee. leoghejeble yeQkeĆ¢ keĆ¢er JesyemeeFÅ” kesĆ¢ nesce-hespe hej Dee@veueeFve efMekeĆ¢eĆele keĆ¢e DeeĆekeĆ¢e@ve meefāŗeĆ¢Će efkeĆ¢Ćee ieĆee leeefkeĆ¢ ieĆenkeĆ¢ mejuelee mes Fme lekeĆ¢ hengbĆe mekeWĆ¢.
"Dee@veueeFve kebĆ¢hueWÅ” Å”weEkeĆ¢ie cee@[Ćetue" keĆ¢er cenlJehetCe& efJeMes<eleeSb veerĆes oer ieF& nQ.
Fmemes efMekeĆ¢eĆekeĆ¢lee& meeLe ner meeLe mebyebefOele MeeKee/#es$e/DebĆeue leLee heĆOeeve keĆ¢eĆee&ueĆe hetCe&le:/#es$e/DebĆeue leLee heĆOeeve keĆ¢eĆee&ueĆe kesĆ¢ yeejs ceW peevekeĆ¢ejer heĆehle keĆ¢jvee mebYeJe neslee nw.
ā¢ Fmemes meYeer mlejeW hej mebyebefOele Sme.Sce.Sme. efjheesÅ”ex keĆ¢es pevejsÅ” keĆ¢jves keĆ¢er megefJeOee efceueleer nw.
ā¢ Fmemes mebyebefOele heĆeefOekeĆ¢eefjĆeeW DeLee&le MeeKee/#es$e/DebĆeue keĆ¢es efMekeĆ¢eĆele MeerIeĆ mebleefjle keĆ¢jvee mebYeJe neslee nw efpememes efMekeĆ¢eĆele kesĆ¢ efveheÅ”eve ceW ueievesJeeues meceĆe ceW keĆ¢eHeĆ¢er keĆ¢ceer Deeleer nw.
ā¢ mebyebefOele heĆeefOekeĆ¢ejer Ćeje efveOee&efjle DeJeefOe kesĆ¢ oewjeve keĆ¢ej&JeeF& ve efkeĆ¢S peeves hej efMekeĆ¢eĆele mJele: Deieues heĆeefOekeĆ¢ejer keĆ¢es hengbĆe peeleer nw. Fmeer heĆkeĆ¢ej efveĆeb$ekeĆ¢ keĆ¢eĆee&ueĆeeW keĆ¢es efMekeĆ¢eĆele kesĆ¢ MeerIeĆ efvemleejCe kesĆ¢ efueS DevegJeleea keĆ¢ej&JeeF& keĆ¢jves ceW ceoo efceueleer nw.
ā¢ Fme cee@[Ćetue kesĆ¢ ceeOĆece mes ieĆenkeĆ¢ Ćeje meHeĆ¢ueleehetJe&keĆ¢ efMekeĆ¢eĆele ope& keĆ¢jves mebyebOeer heeJeleer mebosMe kesĆ¢ meeLe SkeĆ¢ Å”wkeĆ¢j DeeF&[er pevejsÅ” neslee nw.
efveĆeues mlej hej ieĆenkeĆ¢ meefceefleĆeeW leLee efJeefYeVe DeOĆeĆeve /meJex#eCeeW mes heĆehle HeĆ¢er[yewkeĆ¢/megPeeJeeW kesĆ¢ DeeOeej hej yeQkeĆ¢ ves meceer#ee Je<e& kesĆ¢ oewjeve MeeKeeDeeW ceW ieĆenkeĆ¢ mesJee ceW megOeej ueeves kesĆ¢ efueS ieĆenkeĆ¢esvcegKe keĆ¢oce G"eS leLee henue keĆ¢er.
kesĆ¢JeeF&meer-SSceSue-meerSHeĆ¢Å”er
Deheves ieĆenkeĆ¢ keĆ¢es peeefveS (kesĆ¢JeeF&meer) ceeveob[ OeveMeesOeve efveJeejkeĆ¢ (SSceSue) ceevekeĆ¢/DeeblebkeĆ¢Jeeo kesĆ¢ efJeĆ²ehees<eCe keĆ¢es jeskeĆ¢vee (meerSHeĆ¢Å”er) leLee heerSceSueS 2002 kesĆ¢ Devleie&le yeQkeĆ¢ keĆ¢e oeefĆelJe
yeQkeĆ¢ kesĆ¢ heeme efveosMekeĆ¢ ceb[ue Ćeje Devegceesefole kesĆ¢JeeF&meer-SSceSue-meerSHeĆ¢Å”errr hee@efuemeer nw. Ćen veerefle yeQkeĆ¢ kesĆ¢ kesĆ¢JeeF&meer ceeveob[eW, SSceSue ceevekeĆ¢eW, meerSHeĆ¢Å”er GheeĆeeW keĆ¢e leLee OeveMeesOeve efveJeejkeĆ¢ DeefOeefveĆece (heerSceSueS) 2002 kesĆ¢ Devleie&le GheeĆeeW keĆ¢e cetue DeeOeej nw.
yeQkeĆ¢ kesĆ¢ kesĆ¢JeeF&meer-SSceSue-meerSHeĆ¢Å”err keĆ¢eĆee&vJeĆeve keĆ¢er heĆcegKe efJeMes<eleeSb Fme heĆkeĆ¢ej nQ.
ā¢ FueskeĆ¤Å”^esefvekeĆ¢ lejerkesĆ¢ mes vekeĆ¢oer uesveosve efjheesÅ”& (meerÅ”erDeej) pevejsÅ” keĆ¢jvee Deewj keĆ¢chĆetÅ”j kesĆ¢ ceeOĆece mes FvnW efJeĆ²eerĆe DeemetĆevee FkeĆ¢eF& keĆ¢es heĆmlegle keĆ¢jvee.
ā¢ heĆCeeueer DeeOeeefjle mebkesĆ¢leeW (SueÅ”&me) keĆ¢es pevejsÅ” keĆ¢jves nsleg SSceSue meesuĆetMeve keĆ¢e mebmLeeheve/keĆ¢eĆee&vJeĆeve
ā¢ mebefoiOe uesveosve efjheesÅ”ex (SmeÅ”erDeej) keĆ¢e heĆCeeueer DeeOeeefjle lejerkesĆ¢ mes helee ueieevee leLee efJeĆ²eerĆe DeemetĆevee FkeĆ¢eF& keĆ¢es heĆmlegle keĆ¢jvee
ā¢ yeQkeĆ¢ kesĆ¢ ieĆenkeĆ¢eW kesĆ¢ KeeleeW keĆ¢e heĆlĆeskeĆ¢ Ćceener ceW heĆCeeueer DeeOeeefjle peesefKece JeieeakeĆ¢jCe (SSceSue kesĆ¢ Ćeje) keĆ¢jvee
ā¢ peeueer cegƵe/efjheesÅ”ex (meermeerDeej) keĆ¢es efJeĆ²eerĆe DeemetĆevee FkeĆ¢eF&, DeeF&Sve[er veF& efouueer keĆ¢es heĆmlegle keĆ¢jvee
ā¢ SHeĆ¢DeeF&Ćet ā DeeF&Sve[er keĆ¢es iewj ueeYe mebie"ve uesveosve efjheesÅ”& (SveÅ”erDeej) heĆmlegle keĆ¢jvee
kesĆ¢JeeF&meer kesĆ¢ hetCe& Devegheeueve mes mÅ”e]HeĆ¢ kesĆ¢ meeLe meeLe ieĆenkeĆ¢ keĆ¢es Yeer efMeef#ele keĆ¢jves ceW ceoo efceueleer nw, efpemekesĆ¢ efueS yeQkeĆ¢ ves efvecveefueefKele keĆ¢oce G"eS nQ.
ā¢ yewkeĆ¢ ves ieĆenkeĆ¢eW kesĆ¢ ueeYeeLe& kesĆ¢JeeF&meer omleeJespeeW keĆ¢er metĆeer yeQkeĆ¢ keĆ¢er JesyemeeFÅ” (www.bankofbaroda.com) hej heĆoe|Mele keĆ¢er nw.
ā¢ Fmeer ĆøekeĆ¢ej DeebleefjkeĆ¢ GHeĆeesie kesĆ¢ efueS yeQkeĆ¢ kesĆ¢ FvÅ”^evesÅ” hej kesĆ¢JeeF&meer-SSceue hespe GheueyOe keĆ¢jeĆee ieĆee nw efpeme hej kesĆ¢JeeF&meer SSceSue meerSHeĆ¢Å”er efMe#eCe mes mebyebefOele efMe#eCe meeceieĆer GheueyOe keĆ¢jeF& ieF& nw.
ā¢ yeQkeĆ¢ kesĆ¢ heĆefMe#eCe heĆefleā¦eveeW ceW kesĆ¢JeeF&meer-SSceSue-meerSHeĆ¢Å”er efoMee-efveoxMeeW mes mebyebefOele efveĆeefcele heĆefMe#eCe me$e DeeĆeesefpele efkeĆ¢S peeles nQ.
ā¢ YeejleerĆe efj]peJe& yeQkeĆ¢, YeejleerĆe yeQkeĆ¢ mebIe leLee jeĀ°^erĆe yeQkeĆ¢ heĆyebOe mebmLeeve ceW Jeefjā¦ DeefOekeĆ¢eefjĆeeW/keĆ¢eĆe&heeuekeĆ¢eW kesĆ¢ efueS heĆefMe#eCe DeeĆeesefpele efkeĆ¢Ćes peeles nQ.
ā¢ yeQkeĆ¢ kesĆ¢ heĆOeeve keĆ¢eĆee&ueĆe ceW o#elee neefmeue keĆ¢jves nsleg keĆ¢eheexjsÅ” ĆeqĀ°keĆ¢esCe leLee MeeKeeDeeW ceW kesĆ¢JeeF&meer Dee@ef[Å” nsleg meIeve heĆĆeeme efkeĆ¢S pee jns nQ.
yewkeĆ¢ Dee@efHeĆ¢me heefjĆeeuevejerpeveue yewkeĆ¢ Dee@efHeĆ¢me leLee efmeÅ”er yewkeĆ¢ Dee@efHeĆ¢me
DeehekesĆ¢ yeQkeĆ¢ ves oes heĆkeĆ¢ej kesĆ¢ yewkeĆ¢ Dee@efHeĆ¢me ā jerpeveue yewkeĆ¢ Dee@efHeĆ¢me (DeejyeerDees) leLee efmeÅ”er yewkeĆ¢ Dee@efHeĆ¢me (meeryeerDees) keĆ¢er DeJeOeejCee keĆ¢es DebieerkeĆ¢ej efkeĆ¢Ćee nw. DeejyeerDees Keelee Keesueves kesĆ¢ HeĆ¢eceeX (SDeesSHeĆ¢) keĆ¢er keWĆ¢Ćµerke=Ć¢le heĆefāŗeĆ¢Ćee Deewj JewĆeefĆ²eĆ¢keĆ¢ ĆeskeĆ¢ yegkeĆ¢eW (heermeeryeer) keĆ¢es peejer keĆ¢jves keĆ¢er keWĆ¢Ćµerke=Ć¢le heĆefāŗeĆ¢Ćee keĆ¢e mebĆeeueve keĆ¢jles nQ. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ 10 DeejyeerDees nQ ā yeĆ[ewoe, Yeesheeue, efouueer, keĆ¢esĆecyeletj, cegbyeF&, ueKeveT, peĆehegj, keĆ¢esuekeĆ¢elee, hegCes, peceMesohegj ceW SkeĆ¢-SkeĆ¢ DeejyeerDees. 31 ceeĆe&, 2012 lekeĆ¢ 1298 MeeKeeDeeW kesĆ¢ efueS Keelee Keesue jns nQ. DeejyeerDees ves 11 ueeKe mes DeefOekeĆ¢ Keeles Keesues nQ. DeejyeerDees 2115 MeeKeeDeeW kesĆ¢ efueS JewĆeefĆ²eĆ¢keĆ¢ ĆeskeĆ¢ yegkeĆ¢ peejer keĆ¢jles nQ Deewj DeYeer lekeĆ¢ GvneWves 36 ueeKe mes DeefOekeĆ¢ JewĆeefĆ²eĆ¢keĆ¢ ĆeskeĆ¢ yegkeWĆ¢ peejer keĆ¢er nQ.
efmeÅ”er yewkeĆ¢ DeeefHeĆ¢me DeeJekeĆ¢ leLee peeJekeĆ¢ oesveeW heĆkeĆ¢ej kesĆ¢ meceeMeesOeve mebJĆeJenejeW kesĆ¢vƵerke=Ć¢le Deheuees[ kesĆ¢ meeLe-meeLe mejkeĆ¢ejer keĆ¢ueskeƤMeve leLee F&meerSme mebJĆeJenejeW keĆ¢e keĆ¢eĆe& keĆ¢jlee nw. DeehekesĆ¢ yeQkeĆ¢ ceW 21 meeryeerDees (mesJee
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MeeKeeSb) nQ peneb heĆlĆeskeĆ¢ efmeÅ”er meWÅ”j ceW MeeKeeDeeW kesĆ¢ efueS meceeMeesOeve leLee F&meerSme keĆ¢es kesĆ¢vƵerke=Ć¢le efkeĆ¢Ćee peelee nw. 59 cegKĆe MeeKeeDeeW (peneb mLeeveerĆe MeeKeeDeeW kesĆ¢ efueS meceeMeesOeve keĆ¢e keĆ¢eĆe& efkeĆ¢Ćee peelee nw) ceW meceeMeesOeve keĆ¢e keWĆ¢Ćµerke=Ć¢le keĆ¢eĆe& Yeer MegĀ¤ Yeer efkeĆ¢Ćee ieĆee nw.
keĆ¢jWmeer ĆesmÅ” leLee mejkeĆ¢ejer keĆ¢ejesyeejefJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve Keesues ieĆes veĆes keĆ¢ejesyeejer #es$e
ā¢ DeehekesĆ¢ yeQkeĆ¢ ves osMeYej ceW F&-Yegieleeve kesĆ¢ ceeOĆece mes 116 keĆ¢mÅ”ce neTme ueeskesĆ¢Meve hej meercee MegukeĆ¢ kesĆ¢ Yegieleeve keĆ¢es efāŗeĆ¢ĆeeeqvJele efkeĆ¢Ćee nw.
ā¢ keĆ¢mÅ”ce MegukeĆ¢eW kesĆ¢ heĆlĆe#e Yegieleeve kesĆ¢ efueS heĆeefOeke=Ć¢le oes veF& MeeKeeDeeW keĆ¢es efceueekeĆ¢j DeeF&meerF&Sce 1.5 mee@HeĆ¤Å”JesĆej kesĆ¢ meeLe kegĆ¢ue 10 meercee MegukeĆ¢ ueeskesĆ¢Meve FbÅ”jHesĆ¢mesme.
ā¢ heerheerSHeĆ¢ / SmemeerSmeSme keĆ¢ejesyeej keĆ¢e keĆ¢eĆe& keĆ¢jves kesĆ¢ efueS 267 DeefleefjĆ²eĆ¢ MeeKeeSb heĆeefOeke=Ć¢le keĆ¢er ieF&.
ā¢ jsueJes kesĆ¢ efueS F&-YeeĆ[e Yegieleeve ĆegĆ²eĆ¢ ĆetefÅ”efueÅ”er mLeeefhele keĆ¢er ieF&.
ā¢ F&-mÅ”echeeW keĆ¢er efyeāŗeĆ¢er kesĆ¢ efueS mÅ”e@keĆ¢ neseĆ©u[ie keĆ¢eheexjsMeve Dee@]HeĆ¢ Fbef[Ćee (SmemeerSĆeDeeF&Sue) kesĆ¢ meeLe keĆ¢jej mebheVe. Ćen JĆeJemeeĆe iegpejele, jepemLeeve leLee efouueer jepĆe ceW MegĀ¤ nes ieĆee nw.
ā¢ (1) cenejeĀ°^ jepĆe mejkeĆ¢ej leLee (2) jepemLeeve jepĆe kesĆ¢ efueS keĆ¢eĆe& Ćeue jne nw.
ā¢ Je<e& kesĆ¢ oewjeve (1) keĆ¢vee&Å”keĆ¢ (2) DeebOeĆheĆosMe (3) heeqĀ§ece yebieeue (4) efouueer leLee (5) efyenej ceW efyeāŗeĆ¢er keĆ¢jeW kesĆ¢ F&-Yegieleeve keĆ¢e efāŗeĆ¢ĆeevJeĆeve.
ā¢ oceve SJeb oerJe kesĆ¢ efueS jepĆe keĆ¢jeW kesĆ¢ F&-Yegieleeve keĆ¢e heĆeefOekeĆ¢ej heĆehle nes ieĆee nw.
ā¢ ceOĆeheĆosMe, ĆĆ²eermeieĆ{, hebpeeye leLee nefjĆeeCee jepĆe ceW heWMeve kesĆ¢ Yegieleeve nsleg DeefleefjĆ²eĆ¢ heĆeefOekeĆ¢ej heĆehle nes ieĆee nw.
ā¢ veF& heWMeve Ćeespevee kesĆ¢ lenle mJeeJeuebyeve Ćeespevee keĆ¢e efāŗeĆ¢ĆeevJeĆeve.
ā¢ DeehekesĆ¢ yeQkeĆ¢ keĆ¢e heWMeve leLee peerJeve yeercee efveefOe nsleg efāŗeĆ¢ĆeevJeĆeve Spesvmeer yeQkeĆ¢ kesĆ¢ Ā¤he ceW ĆeĆeve efkeĆ¢Ćee ieĆee nw.
ā¢ cenejeĀ°^ ceW JĆeJemeeĆe keĆ¢j kesĆ¢ F&-Yegieleeve keĆ¢e keĆ¢eĆe& 1 peveJejer, 2012 mes MegĀ¤ nes ieĆee nw.
ā¢ DeehekesĆ¢ yeQkeĆ¢ keĆ¢er mesJee MeeKee, veF& efouueer keĆ¢e mJeemLĆe SJeb heefjJeej keĆ¢uĆeeCe ceb$eeueĆe kesĆ¢ F&-Yegieleeve nsleg vees[ue MeeKee kesĆ¢ Ā¤he ceW efveOee&jCe efkeĆ¢Ćee ieĆee nw Deewj Ćen megefJeOee ceb$eeueĆe kesĆ¢ meYeer 11 Yegieleeve SJeb uesKee keĆ¢eĆee&ueĆeeW kesĆ¢ efueS Ćeeuet keĆ¢j oer ieF& nw.
ā¢ DeehekesĆ¢ yeQkeĆ¢ keĆ¢er veF& efouueer keĆ¢er Debleje&Ā°^erĆe JĆeJemeeĆe MeeKee keĆ¢e efJeosMe eqmLele efceMeve / peieneW kesĆ¢ yeerĆe efJeosMeer cegdƵe efJeheĆs<eCe nsleg efJeosMe ceb$eeueĆe kesĆ¢ meeLe yeQeEkeĆ¢ie JĆeJemLee kesĆ¢ Ā¤he ceW efveefOeĆeeW kesĆ¢ efveheÅ”eve nsleg vees[ue MeeKee kesĆ¢ Ā¤he ceW ĆeĆeve efkeĆ¢Ćee ieĆee nw.
ā¢ jepemLeeve jepĆe kesĆ¢ jepĆe mejkeĆ¢ejer heWMeve YeesefieĆeeW keĆ¢es heWMeve keĆ¢er heĆesmeseEmeie SJeb Yegieleeve nsleg kesĆ¢Ćµerke=Ć¢le heWMeve heĆesmeseEmeie keWĆ¢Ćµ keĆ¢er mLeehevee keĆ¢e keĆ¢eĆe& heĆefāŗeĆ¢ĆeeOeerve nw.
ā¢ efjueeFyeue keĆ¢e@uespe, ieeefpeĆeeyeeo kesĆ¢ mÅ”eHeĆ¢ kesĆ¢ Jesleve Keeles / Će$e Keeles kewĆ¢veJeeme efkeĆ¢Ćes ieĆes.
ā¢ Fbef[Ćeve heesÅ”&me SmeesefmeSMeve, efouueer mes Devegceefle efceueves kesĆ¢ yeeo keĆ¢eb[uee heesÅ”& kesĆ¢ meeLe menceefle %eeheve efve<heeefole efkeĆ¢Ćee ieĆee.
ā¢ heesmÅ”ue efyepevesme mebyebOeer F&-māŗeĆ¢e@ue keĆ¢e efāŗeĆ¢ĆeevJeĆeve.
keĆ¢jWmeer heĆyebOeve mebyebOeer keĆ¢eĆe&veerefle DeeĆeespevee (2011-14)Yegieleeve heĆCeeueer ceW megOeej keĆ¢jves kesĆ¢ efueS ieĆenkeĆ¢ keWĆ¢efƵle veJeesvces<eer keĆ¢eĆe& kesĆ¢ Ā¤he ceW DeehekesĆ¢ yeQkeĆ¢ ves keĆ¢jWmeer heĆyebOeve 2011-14 mebyebOeer Deheveer keĆ¢eĆe&-veerefle DeeĆeespevee kesĆ¢ Debleie&le veĆes keĆ¢jWmeer ĆesmÅ” Keesueves kesĆ¢ efueS 26 veĆes keWĆ¢ĆµeW (veerĆes efoS GuuesKeevegmeej) keĆ¢e efveOee&jCe efkeĆ¢Ćee nw Deewj Fme heĆkeĆ¢ej keĆ¢jWmeer ĆesmÅ”eW keĆ¢er kegĆ¢ue mebKĆee 84 mes yeĆ{keĆ¢j 110 nes peeĆesieer.
āŗeĆ¢. DebĆeue keĆ¢e veece leerve Je<eeX ceW heĆmleeefJele veĆes keĆ¢jWmeer ĆesmÅ”
1. efyenej, GĆ[ermee SJeb PeejKeb[ DebĆeue 3
2. hetJeea DebĆeue 2
3. ye=no cegbyeF& DebĆeue 0
4. iegpejele heefjĆeeueve 1
5. cenejeĀ°^ SJeb ieesJee DebĆeue 2
6. ceOĆeheĆosMe SJeb ĆĆ²eermeieĆ{ DebĆeue 4
7. GĆ²ejer DebĆeue 1
8. jepemLeeve DebĆeue 4
9. oef#eCeer DebĆeue 2
10. GĆ²ejheĆosMe SJeb GĆ²ejeKeb[ DebĆeue 7
kegĆ¢ue 26
meleke&Ć¢leeDeehekesĆ¢ yeQkeĆ¢ kesĆ¢ meleke&Ć¢lee efJeYeeie keĆ¢e Ćen heĆĆeeme jne nw efkeĆ¢ heefjĆeeueve mlej leLee efveĆeb$ekeĆ¢ keĆ¢eĆee&ueĆe mlej hej keĆ¢eĆe&jle mÅ”eHeĆ¢ keĆ¢es efveJeejkeĆ¢ leLee DevJes<ekeĆ¢ GheeĆe keĆ¢jves ceW mecĆekeĆ¢ meeJeOeeveer SJeb meleke&Ć¢lee yejleves kesĆ¢ efueS heĆeslmeenle leLee me#ece yeveeĆee peeĆes. Fmemes keĆ¢eĆe&-o#elee yeĆ{eves kesĆ¢ meeLe-meeLe F&ceeveoej mÅ”eHeĆ¢ kesĆ¢ efueS megj#ee keĆ¢e ceenewue lewĆeej keĆ¢jves ceW ceoo efceueleer nw.
Ieesj ueehejJeener kesĆ¢ ceeceueeW, efpeveceW DeehekesĆ¢ yeQkeĆ¢ keĆ¢er efveefOeĆeeb yeĆes pee mekeĆ¢vesJeeues peesefKece ceW heĆ[ ieF& Deewj Ssmes ceeceues, efpeveceW JĆeJemeeefĆekeĆ¢ efveCe&ĆeeW keĆ¢er Jepen mes neefve ngF&, kesĆ¢ yeerĆe meeJeOeeveerhetJe&keĆ¢ Deblej efkeĆ¢Ćee peelee nw. heĆlĆeskeĆ¢ ceeceues keĆ¢er DeeJeefOekeĆ¢ efveiejeveer Ćen megefveeqĀ§ele keĆ¢jves kesĆ¢ efueS keĆ¢er peeleer nw efkeĆ¢ peebĆe-heĆ[leeue lespeer mes meceehle nes Deewj meYeer mebyebefOeleeW keĆ¢es efve<he#e heĆleerle nes. Ćen megefveeqĀ§ele keĆ¢jves keĆ¢e Yeer heĆĆeeme efkeĆ¢Ćee peelee nw efkeĆ¢ peneb peĀ¤jer nes, Jeneb hesveuÅ”er meceĆe hej leLee GefĆele nes.
DeehekesĆ¢ yeQkeĆ¢ ves Deheves heefjĆeeueveeW ceW DeefveĆeefceleleeDeeW kesĆ¢ efJeefveefo&Ā° ceeceueeW keĆ¢e helee ueieeves kesĆ¢ efueS DebĆeue / keĆ¢eĆe& heĆeefOekeĆ¢eefjĆeeW kesĆ¢ meeLe mecevJeĆe mLeeefhele keĆ¢jkesĆ¢ jKee ngDee nw. pevelee / ieĆenkeĆ¢eW mes ĆøeeHle efMekeĆ¢eĆeleeW Deewj OeesKeeOeĆ[er kesĆ¢ ceeceueeW SJeb otmejer DeefveĆeceefleleeDeeW keĆ¢er peebĆe heĆ[leeue lespeer mes keĆ¢er peeleer nw Deewj peneb keĆ¢ner peĀ¤jer nes, Jeneb megOeejelcekeĆ¢ keĆ¢ej&JeeF& keĆ¢jves kesĆ¢ efueS DevegJeleea keĆ¢eĆe&Jeener keĆ¢er peeleer nw.
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Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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nesuemesue yeQeEkeĆ¢iemeMeĆ²eĆ¢ keĆ¢eHeexjsÅ” $e+Ce mebmke=Ć¢efle leLee $e+Ce ceW yeQeEkeĆ¢ie GĆ eesie kesĆ¢ Deewmele mes DeefOekeĆ¢ Je=efƦ efheĆues Ćeej Je<eeX mes yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe kesĆ¢ efvejblekeĆ¢ efJeYesokeĆ¢ keĆ¢ejkeĆ¢ jns nQ.
Jemlegle: DeehekesĆ¢ yeQkeĆ¢ keĆ¢e nesuemesue yeQeEkeĆ¢ie heĆYeeie meYeer heĆkeĆ¢ej kesĆ¢ $e+Ce GlheeoeW SJeb mesJeeDeeW ĆeLee ceerĆeeoer $e+Ce, DeuheeJeefOe $e+Ce, ceebie $e+Ce, keĆ¢eĆe&Meerue hetbpeer megefJeOeeSb, JĆeeheej efJeĆ²e Glheeo, Å”^spejer Glheeo, hetjkeĆ¢ $e+Ce, meecetefnkeĆ¢ $e+Ce, mebjĆeveelcekeĆ¢ $e+Ce, efJeosMeer cegƵe / yĆeepe oj mJewHe, efJeosMeer cegƵe $e+Ce, YeeJeer efkeĆ¢jeĆee heĆeeqhleĆeeW kesĆ¢ hesÅ”s $e+Ce leLee Deewj Yeer keĆ¢F& heĆkeĆ¢ej kesĆ¢ $e+Ce Deheves yeĆ[s SJeb ceOĆece keĆ¢eheexjsÅ” ieĆenkeĆ¢eW keĆ¢es GvekeĆ¢er peĀ¤jleeW kesĆ¢ Devegmeej heĆoeve keĆ¢j jne nw. $e+Ce Glheeo SJeb mesJeeSb ueĆeerueer nQ Deewj ieĆenkeĆ¢ keĆ¢er peesefKece heĆesHeĆ¢eFue leLee efJeefMeĀ° DeeJeMĆekeĆ¢leeDeeW keĆ¢es OĆeeve ceW jKekeĆ¢j GheĆegĆ²eĆ¢ Ā¤he mes efvee|cele keĆ¢er ieF& nQ.
yesnlej Glheeo ef[ueerJejer, GlmeenHetCe& mesJee GvcegKe JĆeJenej, ieĆenkeĆ¢esvcegKe ĆeqĀ°keĆ¢esCe kesĆ¢ meeLe meceĆe mes Je lelkeĆ¢eue cebpetjer heĆoeve keĆ¢jves kesĆ¢ DeeOeej Hej DeehekesĆ¢ yeQkeĆ¢ ves DeveskeĆ¢ yengjeĀ°^erĆe kebĆ¢heefveĆeeW, Iejsuet JĆeeheeefjkeĆ¢ IejeveeW leLee heĆcegKe meeJe&peefvekeĆ¢ kebĆ¢heefveĆeeW keĆ¢es nesuemesue yeQeEkeĆ¢ie Glheeo SJeb mesJeeSb heĆoeve keĆ¢jkesĆ¢ GuuesKeveerĆe GheueeqyOeĆeeb Dee|pele keĆ¢er nQ.
efJeYeeie ves $e+Ce heĆMeemeve ceW me#ece ĆewveueeW kesĆ¢ ceeOĆece leLee yesnlej heƦefleĆeeW keĆ¢es Deheveeles ngS lespeer mes ef[ueerJejer hej OĆeeve keWĆ¢efƵle efkeĆ¢Ćee. efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve FmekeĆ¢e Yeer heĆĆeeme efkeĆ¢Ćee ieĆee efkeĆ¢ efveCe&ĆeeW keĆ¢er iegCeJeĆ²ee mes mecePeewlee efkeĆ¢Ćes efyevee lJeefjle efveCe&Će efueĆes peeĆeW.
efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve, YeejleerĆe yeQeEkeĆ¢ie GĆ eesie ceW iewj KeeĆ e $e+Ce Je=efƦ meeceevĆele: Oeerceer jner. leLeeefhe, Fme eqmLeefle kesĆ¢ oewjeve Yeer DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ nesuemesue heĆYeeie ves Deheveer HeĆ¢emÅ” Å”^skeĆ¢ [smkeĆ¢ kesĆ¢ ceeOĆece mes 130 veĆes mebyebOe yeveeS efJeYeeie ves osMeYej ceW efJeĆ eceeve heĆespeskeĆ¤Å”eW / ĆetefveÅ”eW Jeeues #es$eeW / GĆ eesieeW keĆ¢es Je<e& kesĆ¢ oewjeve 60,955 keĆ¢jesĆ[ keĆ¢er veF& / JeefOe&le $e+Ce megefJeOeeSb cebpetj keĆ¢er.
nesuemesue yeQeEkeĆ¢ie kesĆ¢ lenle keĆ¢eheexjsÅ” ieĆenkeĆ¢eW keĆ¢es yeĆ[s SJeb ceOĆece keĆ¢eheexjsÅ” kesĆ¢ Ā¤he ceW efveOee&efjle efkeĆ¢Ćee peelee nw. 150 keĆ¢jesĆ[ Ā®heĆes mes 500 keĆ¢jesĆ[ lekeĆ¢ keĆ¢er Jeee|<ekeĆ¢ efyeāŗeĆ¢er Å”ve& DeesJej Jeeueer kebĆ¢heefveĆeeW keĆ¢es efce[ keĆ¢eheexjsÅ” Deewj 500 keĆ¢jesĆ[ Ā®heĆes mes DeefOekeĆ¢ keĆ¢er Jeee|<ekedĆ¢ efyeāŗeĆ¢er Å”ve& DeesJej Jeeueer kebĆ¢heefveĆeeW keĆ¢es yeĆ[s keĆ¢eheexjsÅ” kesĆ¢ Ā¤he ceW Jeieeake=Ć¢le efkeĆ¢Ćee peelee nw.
efce[ keĆ¢eheexjsÅ” mesiecesvÅ” keĆ¢er mebYeeJeveeDeeW hej OĆeeve osves Deewj GmekeĆ¢es mesJee heĆoeve keĆ¢jves keĆ¢er peĀ¤jle keĆ¢es mecePekeĆ¢j DeehekesĆ¢ yeQkeĆ¢ ves osMeYej ceW efJeefYeVe mebYeeJĆe keWĆ¢ĆµeW ceW efJeMes<eerke=Ć¢le efce[ keĆ¢eheexjsÅ” MeeKeeSb Keesueves keĆ¢e cenlJehetCe& veJeesvces<eer keĆ¢eĆe& efkeĆ¢Ćee. Fve MeeKeeDeeW ceW DevegYeJeer leLee hesMeJej me#ece mÅ”eHeĆ¢ nw. Fme mesieceWÅ” keĆ¢es DeefOekeĆ¢ cenlJe osles ngS DeehekesĆ¢ yeQkeĆ¢ ves SkeĆ¢ Debleje&Ā°^erĆe heĆyebOeve hejeceMe&oeĆeer HeĆ¢ce& kesĆ¢ ceeOĆece mes Fve efJeMes<eerke=Ć¢le MeeKeeDeeW kesĆ¢ efueS Deheves mÅ”eHeĆ¢ keĆ¢e efveOee&jCe keĆ¢jves nsleg megefJeOeepevekeĆ¢ o#elee leLee efJeMes<e%e #es$e ceW %eeve nsleg heĆefMe#eCe keĆ¢er JĆeJemLee keĆ¢er.
DeehekesĆ¢ yeQkeĆ¢ ves SkeĆ¢ Deewj efJeMes<eerke=Ć¢le meerSHeĆ¢Sme (keĆ¢eheexjsÅ” efJeĆ²eerĆe mesJee) MeeKee Yeer Keesueer nw Deewj Fme heĆkeĆ¢ej meerSHeĆ¢Sme MeeKeeDeeW keĆ¢er kegĆ¢ue mebKĆee 11 nes ieF& nw.
ceewpetoe heĆCeeefueĆeeW leLee heĆefāŗeĆ¢ĆeeDeeW ceW KeeefceĆeeW / efJemebieefleĆeeW keĆ¢er Deesj mebkesĆ¢le keĆ¢jles ngS OeesKeeOeĆ[er kesĆ¢ #es$eeW keĆ¢e DeOĆeĆeve melele DeeOeej hej efkeĆ¢Ćee peelee nw leeefkeĆ¢ heefjĆeeueveelcekeĆ¢ heĆefāŗeĆ¢ĆeeDeeW kesĆ¢ efveĆeb$eCe leLee GmekeĆ¢es DeĆ eleve keĆ¢jves ceW megOeej ueeĆee pee mekesĆ¢. Ssmeer IeÅ”veeDeeW kesĆ¢ IeefÅ”le nesves hej, meyebƦ heĆCeeefueĆeeW leLee heĆefāŗeĆ¢ĆeeDeeW keĆ¢er efJemle=le peebĆe-heĆ[leeue mebyebefOele keĆ¢eĆe& efJeYeeie keĆ¢er meneĆelee mes efkeĆ¢S peeles nQ leeefkeĆ¢ DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ efnleeW hej mebYeeefJele heĆefleketĆ¢ue Demej [euevesJeeues keĆ¢ejkeĆ¢eW leLee heĆesmesme keĆ¢e Gvcetueve efkeĆ¢Ćee pee mekesĆ¢ DeLeJee Gmes vĆetvelece efkeĆ¢Ćee pee mekesĆ¢.
nceW Ćen GuuesKe keĆ¢jles ngS KegMeer nw efkeĆ¢ DeheĆwue 2011 mes ceeĆe&, 2012 lekeĆ¢ kesĆ¢ oewjeve heefjĆeeueve mÅ”eHeĆ¢ Ćeje efoKeeĆeer ieF& peeieĀ¤keĆ¢lee, meeJeOeeveer leLee meleke&Ć¢lee kesĆ¢ keĆ¢ejCe yesFceeve ueesieeW Ćeje efkeĆ¢Ćes ieĆes 45 OeesKeeOeĆ[er kesĆ¢ heĆĆeeme efJeHeĆ¢ue efkeĆ¢Ćes ieĆes Deewj Fmemes DeehekeĆ¢e yeQkeĆ¢ yeĆ[er efJeĆ²eerĆe #eefle mes yeĆee.
keĆ¢ejesyeej efve<heeoveefJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve JĆeJemeeĆe efJekeĆ¢eme kesĆ¢ #es$e ceW DeehekesĆ¢ yeQkeĆ¢ keĆ¢er heĆcegKe GheueeqyOeĆeeW keĆ¢e yĆeewje veerĆes efoĆee ieĆee nw.
mebmeeOeve mebieĆnCe SJeb Deeefmle efJemleej31 ceeĆe&, 2012 keĆ¢es kegĆ¢ue mebmeeOeveeW ceW yeQkeĆ¢ keĆ¢er peceejeefMeĆeeW keĆ¢e DebMe 86.04% jne. kegĆ¢ue peceejeefMeĆeeb 3,05,439.48 keĆ¢jesĆ[ Ā®heĆes mes yeĆ{keĆ¢j 3,84,871.11 keĆ¢jesĆ[ Ā®heĆes nes ieF& pees efheĆues Je<e& mes 26.01% keĆ¢er Je=efƦ oMee&leer nw. keĆ¢ce ueeieleJeeueer peceejeefMeĆeeW ceW cenlJehetCe& IeÅ”keĆ¢ yeĆele yeQkeĆ¢ peceejeefMeĆeeW ceW 15.71% keĆ¢er Je=efƦ ngF& Deewj Jen 64,454.04 keĆ¢jesĆ[ Ā®heĆes mes yeĆ{keĆ¢j 74,579.53 keĆ¢jesĆ[ Ā®heĆes nes ieF&. kegĆ¢ue peceejeefMeĆeeW (Iejsuet leLee JewefĆekeĆ¢) ceW keĆ¢ce ueeieleJeeueer peceejeefMeĆeeW (Ćeeuet+pecee) keĆ¢e DebMe 26.90%
jne nw Deewj Iejsuet peceejeefMeĆeeW ceW Ćen DebMe 33.18% jne.
efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ kegĆ¢ue DeefieĆce ceW 25.67% keĆ¢er Je=efƦ ngF& pees efkeĆ¢ Iejsuet DeefieĆceeW ceW 19.28% Deewj efJeosMeer DeefieĆceeW ceW 43.92% keĆ¢er Je=efƦ kesĆ¢ Ā¤He ceW efoKeeF& oer.
efveefOeĆeeW keĆ¢er mebjĆevee - JeweqĆekeĆ¢
efJeJejCe ceeĆe& 2011 keĆ¢es meceehle
Ā®. keĆ¢jesĆ[
ceeĆe& 2012 keĆ¢es meceehle
Ā®. keĆ¢jesĆ[
Je=efƦ%
peceejeefMeĆeeb 3,05,439.48 3,84,871.11 26.01
- Iejsuet 2,33,323.30 2,80,135.26 20.06
- efJeosMeer 72,116.18 1,04,735.85 45.23
GOeej 22,307.85 23,573.05 5.67
JewefĀ§ekeĆ¢ DeefieĆce
efJeJejCe ceeĆe& 2011 keĆ¢es meceehle
ceeĆe& 2012 keĆ¢es meceehle
Je=efƦ%
DeefieĆce 2,28,676.36 2,87,377.29 25.67
- Iejsuet 1,69,407.86 2,02,075.39 19.28
- efJeosMeer 59,268.50 85,301.90 43.92
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DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ nesuemesue yeQeEkeĆ¢ie efJeYeeie ceW me#ece "heĆespeskeĆ¤Å” efJeĆ²e heĆYeeie" Yeer nw. heĆespeskeĆ¤Å” efJeĆ²e heĆYeeie ceW efJeefYeVe #es$eeW kesĆ¢ hesMeJej ueesie nQ Deewj Jes DeehekesĆ¢ yeQkeĆ¢ leLee otmejs yeQkeĆ¢eW kesĆ¢ ieĆenkeĆ¢eW kesĆ¢ efueS lekeĆ¢veerkeĆ¢er cetuĆeebkeĆ¢ve SJeb JĆeJeneĆe&lee (Å”erF&Jeer) keĆ¢e DeOĆeĆeve keĆ¢jles nQ. efJeYeeie ceW ieĆenkeĆ¢eW kesĆ¢ meecetefnkeĆ¢ Iejsuet efJeĆ²ehees<eCe DeeJeMĆekeĆ¢leeDeeW kesĆ¢ efueS eEme[erkesĆ¢Meve [smkeĆ¢ Yeer nw. efJeYeeie Å”erF&Jeer DeOĆeĆeveeW heĆespeskeĆ¤Å”eW keĆ¢er hegvejer#ee leLee eEme[erkesĆ¢Meve [erueeW kesĆ¢ ceeOĆece mes heĆee&hle MegukeĆ¢ DeeOeeefjle DeeĆe Dee|pele keĆ¢jlee nw.
DeehekeĆ¢e yeQkeĆ¢ meYeer mlejeW hej $e+Ce heĆmleeJeeW kesĆ¢ cetuĆeebkeĆ¢ve keĆ¢er iegCeJeĆ²ee leLee o#e heĆesmeseEmeie keĆ¢es keĆ¢eHeĆ¢er cenlJe oslee nw leeefkeĆ¢ Deeeqmle iegCeJeĆ²ee keĆ¢es yeveeĆes jKeves kesĆ¢ meeLe-meeLe FmekeĆ¢es neefmeue keĆ¢jves ceW kegĆ¢Meue leLee Glmeener keĆ¢ce&ĆeeefjĆeeW kesĆ¢ cenlJe keĆ¢es jsKeebefkeĆ¢le efkeĆ¢Ćee pee mekesĆ¢. Fme yeele keĆ¢es OĆeeve ceW jKekeĆ¢j DeehekesĆ¢ yeQkeĆ¢ ves $e+Ce leLee HeĆ¢esjskeƤme DeefOekeĆ¢eefjĆeeW kesĆ¢ efveĆeefcele efJekeĆ¢eme hej efvejblej peesj efoĆee. DeehekesĆ¢ yeQkeĆ¢ ves kewĆ¢cheme mes efJeMes<e%e DeefOekeĆ¢eefjĆeeW keĆ¢er Yeleea kesĆ¢ meeLe-meeLe hesMeJej DevegYeJeer mÅ”eHeĆ¢ keĆ¢er Yeleea Yeer efvejblej peejer jKeer.
efjÅ”sue JĆeJemeeĆe hetJe& keĆ¢er Yeebefle efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve efjÅ”sue JĆeJemeeĆe yeQkeĆ¢ kesĆ¢ meceieĆ JĆeJemeeĆe ceW cenlJehetCe& YetefcekeĆ¢e efveYeelee jne. Je<e& kesĆ¢ oewjeve efjÅ”sue yeQeEkeĆ¢ie kesĆ¢ #es$e ceW DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ efjÅ”sue keĆ¢ejesyeej keĆ¢er efJeMes<eleeSb Fme heĆkeĆ¢ej nQ:-
efjÅ”sue $e+Ce kesĆ¢ Debleie&le Je=efƦDeehekesĆ¢ yeQkeĆ¢ keĆ¢er efjÅ”sue $e+Ce yener ceW heebĆe heĆcegKe Glheeo Meeefceue nQ (efpevekesĆ¢ veece nQ nesce ueesve, DeeÅ”es ueesve, efMe#ee $e+Ce, Å”^s[me& ueesve Deewj ceesÅ”&iespe ueesve) pees SkeĆ¢ meeLe efceuekeĆ¢j kegĆ¢ue efjÅ”sue $e+Ce ceW 74.0% keĆ¢er efnmmesoejer efveYeeles nQ Deewj DevĆe GlheeoeW ves, efpevekesĆ¢ veece ueeyees[/Dees[eryeerDees[er nQ, Je<e& 2012 kesĆ¢ oewjeve kegĆ¢ue efjÅ”sue $e+CeeW ceW 21.00 keĆ¢er efnmmesoejer efveYeeF&. FmekesĆ¢ DeefleefjkeƤle GlheeoeW pewmes ye[ewoe heme&veue ueesve Deewj efJeefJeOe GlheeoeW, pewmes [ekeĆ¤Å”jeW keĆ¢es $e+Ce, mejkeĆ¢ejer heĆefleYetefleĆeeW kesĆ¢ hesÅ”s $e+Ce ves kegĆ¢ue efjÅ”sue $e+CeeW ceW ueieYeie 5.0% keĆ¢e Ćeesieoeve efkeĆ¢Ćee.
31 ceeĆe& 2012 keĆ¢es kegĆ¢ue yekeĆ¢eĆee efjÅ”sue $e+Ce 35,668 keĆ¢jesĆ[ Ā®. jne, peyeefkeĆ¢ 31 ceeĆe& 2011 keĆ¢es Ćes 32,435 keĆ¢jesĆ[ Ā®. kesĆ¢ mlej hej Les. efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve kegĆ¢ue efjÅ”sue $e+CeeW kesĆ¢ lenle 3233 keĆ¢jesĆ[ Ā®heS (9.97%) keĆ¢er Je=efƦ ope& keĆ¢er ieF& peyeefkeĆ¢ efJeĆ²eerĆe Je<e& 2011 kesĆ¢ oewjeve Ćen Je=efƦ 33.76% (8187 keĆ¢jesĆ[ Ā®heS) Leer. efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ efjÅ”sue JĆeJemeeĆe keĆ¢er Je=efƦ, YeejleerĆe yeQeEkeĆ¢ie GĆ eesie ceW JĆeehle meceieĆ JĆeJemeeĆe #es$e heĆJe=efĆ²e kesĆ¢ DevegĀ¤he jner.
heĆcegKe efjÅ”sue GlheeoeW kesĆ¢ lenle Je=efƦefJelleerĆe Je<e& 2012 kesĆ¢ oewjeve heebĆe heĆcegKe GlheeoeW ves kegĆ¢ue efjÅ”sue $e+CeeW ceW 74.0% keĆ¢e Ćeesieoeve efoĆee Deewj 3102 keĆ¢jesĆ[ Ā®heS (13.43%) keĆ¢er kegĆ¢ue Je=efƦ ope& keĆ¢er peyeefkeĆ¢ efheĆues efJeĆ²eerĆe Je<e& kesĆ¢ oewjeve Ćen 4095 keĆ¢jesĆ[ Ā®heS (21.56%) Leer.
nesce ueesve kesĆ¢ Debleie&le efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve 1594 keĆ¢jesĆ[ Ā®heS (12.71%) keĆ¢er kegĆ¢ue Je=efƦ ope& ngF& peyeefkeĆ¢ efheĆues Je<e& Ćen 2227 keĆ¢jesĆ[ Ā®heS (21.59%) Leer.
efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve DeeÅ”es $e+Ce kesĆ¢ lenle 384 keĆ¢jesĆ[ Ā®heS (18.76%) keĆ¢er kegĆ¢ue Je=efƦ ope& ngF& peyeefkeĆ¢ efJeĆ²eerĆe Je<e& 2011 kesĆ¢ oewjeve Ćen Je=efƦ 612 keĆ¢jesĆ[ Ā®heS (42.58 %) Leer.
efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve Å”^s[me& $e+Ce kesĆ¢ lenle 876 keĆ¢jesĆ[ Ā®heS (18.63%) keĆ¢er kegĆ¢ue Je=efƦ ope& ngF& peyeefkeĆ¢ efJeĆ²eerĆe Je<e& 2011 kesĆ¢ oewjeve Ćen 852 keĆ¢jesĆ[ Ā®heS Leer (22.15%) Leer.
efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve ye[ewoe ceesÅ”&iespe $e+CeeW kesĆ¢ lenle 97 keĆ¢jesĆ[ Ā®heS (4.68%) keĆ¢er kegĆ¢ue Je=efƦ ope& keĆ¢er ieF& peyeefkeĆ¢ efJeĆ²eerĆe Je<e& 2011 kesĆ¢ oewjeve Ćen 176 keĆ¢jesĆ[ Ā®heS (9.40%)Leer.
efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve efMe#ee $e+CeeW kesĆ¢ lenle 150 keĆ¢jesĆ[ Ā®heS (8.72%) keĆ¢er Je=efƦ ope& ngF& peyeefkeĆ¢ efJeĆ²eerĆe Je<e& 2011 kesĆ¢ oewjeve Ćen 226 keĆ¢jesĆ[ Ā®heS (15.11%) Leer.
ueeyees[/Dees[eryeerDees[er kesĆ¢ lenle 2307 keĆ¢jesĆ[ Ā®heS keĆ¢er Je=efƦ ope& keĆ¢er ieF&. ye[ewoe JĆeefĆ²eĆ¢iele $e+CeeW kesĆ¢ lenle yeĆeevee pecee nsleg $e+Ce keĆ¢er ĆegkeĆ¢ewleer kesĆ¢ keĆ¢ejCe 31 ceeĆe& 2011 kesĆ¢ mlej kesĆ¢ cegkeĆ¢eyeues 2183 keĆ¢jesĆ[ Ā®heS keĆ¢er vekeĆ¢ejelcekeĆ¢ Je=efƦ ope& oer ieF& Leer. efJeĆeejeOeerve Je<e& kesĆ¢ oewjeve DeuheeJeefOe $e+CeeW keĆ¢er Ćegveewleer kesĆ¢ keĆ¢ejCe kegĆ¢ue efjÅ”sue $e+CeeW kesĆ¢ lenle keĆ¢ce Je=efƦ ngF&.
efjÅ”sue $e+Ce kesĆ¢ lenle SveheerS 31 ceeĆe& 2012 keĆ¢es yeQkeĆ¢ kesĆ¢ efjÅ”sue $e+CeeW kesĆ¢ Debleie&le iewj efve<heeokeĆ¢ DeeeqmleĆeeW keĆ¢er jeefMe 682 keĆ¢jesĆ[ Ā®heS (1.91%) jner peyeefkeĆ¢ Ćen 31 efomebyej 2011 keĆ¢es 662 keĆ¢jesĆ[ Ā®heS (2.13%) Deewj 30 efmelebyej 2011 keĆ¢es 649 keĆ¢jesĆ[ Ā®heS Leer. 31 ceeĆe& 2011 keĆ¢es SveheerS 580 keĆ¢jesĆ[ Ā®heS (1.79%) kesĆ¢ mlej hej Lee.
yeĆele yeQkeĆ¢ peceeSb
31.3.2012 keĆ¢es DeehekesĆ¢ yeQkeĆ¢ keĆ¢er meceieĆ yeĆele peceeSb 9611 keĆ¢jesĆ[ Ā®. (15.27%) keĆ¢er Je=eqƦ kesĆ¢ meeLe 72,570 keĆ¢jesĆ[ Ā®heS kesĆ¢ mlej hej jneR peyeefkeĆ¢ 31.3.2011 keĆ¢es 62,959 keĆ¢jesĆ[ Ā®. Leer. 31.3.2010 kesĆ¢ mlej kesĆ¢ cegkeĆ¢eyeues Ćes efheĆues efJeĆ²eerĆe Je<e& 2010-11 kesĆ¢ oewjeve 22.87% keĆ¢er Je=efƦ kesĆ¢ meeLe 11,717 keĆ¢jesĆ[ Ā®heS Leer.
efjÅ”sue ceerĆeeoer peceeSb
31 ceeĆe& 2011 kesĆ¢ 95,325 keĆ¢jesĆ[ Ā®heS kesĆ¢ mlej kesĆ¢ cegkeĆ¢eyeues 31 ceeĆe& 2012 keĆ¢es DeehekesĆ¢ yeQkeĆ¢ keĆ¢er efjÅ”sue ceerĆeeoer peceeSb 1,18727 keĆ¢jesĆ[ Ā®heS kesĆ¢ mlej hej jner. Fme heĆkeĆ¢ej efheĆues efJelleerĆe Je<e& kesĆ¢ 12,295 keĆ¢jesĆ[ Ā®heS DeLee&le 14.80% kesĆ¢ cegkeĆ¢eyeues 23,402 keĆ¢jesĆ[ Ā®heS DeLee&le 24.55% keĆ¢er Je=efƦ ope& ngF&.
meceieĆ efjÅ”sue peceeDeeW DeLee&le yeĆele peceeDeeW kesĆ¢ meeLe efjÅ”sue ceerĆeeoer peceeDeeW kesĆ¢ lenle efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve 33013 keĆ¢jesĆ[ Ā®heS DeLee&le 20.85% keĆ¢er kegĆ¢ue Je=efƦ ope& keĆ¢er ieF& peyeefkeĆ¢ Ćen efJeĆ²eerĆe Je<e& 2011 ceW 24012 keĆ¢jesĆ[ Ā®heS DeLee&le 17.88% Leer.
efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve efjÅ”sue yeQeEkeĆ¢ie ceW veJeesvces<eer keĆ¢eĆe&veĆes GlHeeoeW keĆ¢e MegYeejbYe
ye[ewoe HeĆ¢mÅ”& JesuLe hewkeĆ¢, pees oes GlheeoeW keĆ¢e efceĆeCe nw efpemekeĆ¢e veece ye[ewoe HeĆ¢mÅ”& meseEJeie yeQkeĆ¢ Deewj ye[ewoe HeĆ¢mÅ”& jsieguej ef[heeefpeÅ” nw, Ćetefuehe Deewj Å”ce& FvMĆetjWme hueeve veecekeĆ¢ oes yeercee GlheeoeW kesĆ¢ meeLe mebĆegĆ²eĆ¢ Ā¤he mes efoveebkeĆ¢ 2 peveJejer 2012 keĆ¢es MegĀ¤ efkeĆ¢Ćee ieĆee. ceeĆe& 2012 keĆ¢er meceeeqhle lekeĆ¢ DeehekesĆ¢ yeQkeĆ¢ Ćeje 53,516 hewkeĆ¢ yesĆes ieS.
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ā¢ efoveebkeĆ¢ 6 ceeĆe& 2012 keĆ¢es ye[ewoe mece=efƦ efleceener DeeJeleea pecee SJeb ye[ewoe mece=efƦ Ćceener DeeJeleea pecee Ćeespevee keĆ¢e MegYeejbYe efkeĆ¢Ćee ieĆee efpevekeĆ¢e cegKĆe GƶsMĆe ke=Ć¢ef<e, mJe efveĆeesefpele SJeb heĆesHesĆ¢Meveue Deeefo keĆ¢er meneĆelee keĆ¢jvee nw.
ā¢ JĆeJemeeĆe ueer[ heĆehle keĆ¢jves Deewj efyeāŗeĆ¢er Je mesJee mebmke=Ć¢efle efJekeĆ¢efmele keĆ¢jves kesĆ¢ efueS 163 ye[ewoe veJeefvecee&Ce MeeKeeDeeW ceW efyeāŗeĆ¢er heefjĆeeueve cee@[ue keĆ¢e MegYeejbYe efkeĆ¢Ćee ieĆee.
Glheeo mebMeesOeveā¢ efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve meYeer cesÅ”^es SJeb Menjer kesĆ¢vƵeW hej efveJeemeer
YeejleerĆeeW Deewj SveDeejDeeF&/heerDeeF&Dees keĆ¢es ye[ewoe DeeJeeme $e+Ce kesĆ¢ lenle DeefOekeĆ¢lece meercee keĆ¢es ceewpetoe 100 ueeKe Ā®heS mes ye{ekeĆ¢j 300 ueeKe Ā®heS kesĆ¢ heĆmleeJe keĆ¢es Devegceesefole efkeĆ¢Ćee ieĆee.
ā¢ DeeJeeme $e+Ce KeeleeW kesĆ¢ meceĆeHetJe& meceeHeve nsleg ĆegkeĆ¢ewleer heĆYeejeW keĆ¢es 15 efomebyej 2011 mes hetCe&le: ceeHeĆ¢ keĆ¢j efoĆee ieĆee.
JĆeJemeeĆe mebyeOeer henueWWā¢ yeĆele yeQkeĆ¢ pecee DeefYeĆeeve: keĆ¢ce ueeiele pecee jeefMeĆeeW kesĆ¢ mebieĆnCe kesĆ¢
efueS 1 petve 2011 mes oes ceen kesĆ¢ efueS yeĆele yeQkeĆ¢ pecee DeefYeĆeeve keĆ¢er MegĀ¤Deele keĆ¢er ieF&. yeĆ{leer yĆeepe ojeW kesĆ¢ heefjĆMĆe ceW yeĆele yeQkeĆ¢ pecee mebieĆnCe keĆ¢er ĆegveewefleĆeeW keĆ¢es Yeebheles ngS Fme DeefYeĆeeve keĆ¢er DeJeefOe keĆ¢es 31 Deiemle 2011 lekeĆ¢ yeĆ{e efoĆee ieĆee. yeĆele yeQkeĆ¢ DeefYeĆeeve keĆ¢es ieefleMeerue keĆ¢jves keĆ¢er ĆeqĀ° mes yeĆele yeQkeĆ¢ DeefYeĆeeve keĆ¢es 2 peveJejer 2012 mes
31 ceeĆe& 2012 lekeĆ¢ hegve: ĆeueeĆee ieĆee. FmekesĆ¢ DeueeJee efJepeslee MeeKeeDeeW Deewj #es$eerĆe keĆ¢eĆee&ueĆeeW kesĆ¢ efueS "FJeeEveie efJeLe meerSce[er" Deewj "efhekeĆ¢efvekeĆ¢ efJeLe mÅ”eHeĆ¢" veecekeĆ¢ efJeMes<e heĆeslmeenve ĆeespeveeDeeW keĆ¢er MegĀ¤Deele keĆ¢er ieF&.
ā¢ efjÅ”sue $e+Ce DeefYeĆeeve: DeeJeeme $e+CeeW Deewj keĆ¢ej $e+CeeW hej efJeMes<e OĆeeve kesĆ¢ meeLe lĆeesnejeW ceewmece keĆ¢er mebYeeJeveeDeeW kesĆ¢ oesnve Deewj DevegketĆ¢ue heefjeqmLeefleĆeeW Jeeues Je<e& keĆ¢e ueeYe G"eves keĆ¢er ĆeqĀ° mes 26 efmelebyej mes 30 veJebyej 2011 kesĆ¢ oewjeve SkeĆ¢ efjÅ”sue $e+Ce GlmeJe DeefYeĆeeve keĆ¢e MegYeejbYe efkeĆ¢Ćee ieĆee. efjÅ”sue $e+Ce DeefYeĆeeve keĆ¢er meHeĆ¢uelee mes heĆeslmeeefnle neskeĆ¢j Fmes DeeÅ”es $e+CeeW ceW DeejDeesDeeF& efjĆeeĆeleeW keĆ¢es 0.25% mes ye{ekeĆ¢j 0.50% keĆ¢jves kesĆ¢ meeLe 31 ceeĆe& 2012 lekeĆ¢ Deewj Deeies yeĆ{e efoĆee ieĆee. yeĆele yeQkeĆ¢ pecee DeefYeĆeeve Deewj efjÅ”sue $e+Ce DeefYeĆeeve oesveeW kesĆ¢ keĆ¢eHeĆ¢er DeĆĆs heefjCeece jns.
ā¢ veS efmeÅ”er mesume Dee@efHeĆ¢me Keesuevee: efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve nuĆeveer, jeĆeyejsueer, HewĆ¢peeyeeo, jeĆehegj, Yeesheeue, Fboewj, yeWieuetĀ¤, ieeefpeĆeeyeeo Deewj jepekeĆ¢esÅ” ceW veew efmeÅ”er mesume Dee@efHeĆ¢me Keesues ieS.
ā¢ veF& efjÅ”sue ueesve HewĆ¢eqkeĆ¤Å”^Ćeeb Keesuevee: efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve, nuĆeveer, osnjeotve Deewj veeefmekeĆ¢ ceW leerve veF& efjÅ”sue ueesve HewĆ¢eqkeĆ¤Å”^Ćeeb Keesueer ieF&.
ā¢ efjĆeeĆeleeW kesĆ¢ efueS DeefleefjĆ²eĆ¢ efJeJeskeĆ¢eOeerve MeefĆ²eĆ¢ĆeeW keĆ¢e heĆlĆeeĆeespeve: efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve veĆee JĆeJemeeĆe mebie=nerle keĆ¢jves Deewj efjÅ”sue $e+Ce yener keĆ¢e efJemleej keĆ¢jves kesĆ¢ efueS DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ meYeer DebĆeue heĆcegKeeW keĆ¢es ye[ewoe Å”s[me& $e+Ce hej ueeiet yĆeepe oj ceW 100 yeerheerSme keĆ¢er meercee lekeĆ¢ efjĆeeĆele osves hej efJeĆeej keĆ¢jves nsleg DeefOekeĆ¢ej heĆoeve efkeĆ¢S ieS.
ā¢ mecetn peerJeve yeercee keĆ¢Jej GheueyOe keĆ¢jevee: Jele&ceeve ceW DeeJeeme $e+CeeW Deewj efMe#ee $e+CeeW hej GheueyOe megefJeOee kesĆ¢ DeefleefjĆ²eĆ¢ DeeÅ”es $e+CeeW Deewj JĆeefĆ²eĆ¢iele $e+Ce GOeejkeĆ¢lee&DeeW kesĆ¢ efueS mecetn $e+Ce peerJeve yeercee keĆ¢Jej Devegceesefole efkeĆ¢Ćee ieĆee. efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve yeerceekeĆ¢lee&DeeW Ćeje kegĆ¢ue 18 ce=lĆeg oeJeeW keĆ¢e efveheÅ”eve efkeĆ¢Ćee ieĆee.
ā¢ OeesKeeOe][er efveJeejCe kesĆ¢ efueS DeheveeF& ieF& jCeveerefle: efjÅ”sue $e+CeeW kesĆ¢ Debleie&le OeesKeeOeĆ[er jeskeĆ¢Leece nsleg SkeĆ¢ peebĆe metĆeer kesĆ¢ peefjS MeeKeeDeeW Ćeje 3 veS efJeefYeVe GheeĆeeW kesĆ¢ DeueeJee melĆeeheve keĆ¢er heƦefle keĆ¢er Yeer MegĀ¤Deele keĆ¢er ieF&.
ā¢ DeeJeeme $e+Ce megj#ee yeercee Ćeespevee: (vesMeveue FvMĆeesjWme kebĆ¢.efue. kesĆ¢ meeLe Å”eF&-Dehe JĆeJemLee) kesĆ¢ lenle efJeĆeejeOeerve Je<e& kesĆ¢ oewjeve yeerceekeĆ¢lee&DeeW Ćeje kegĆ¢ue ome ogIe&Å”vee ce=lĆeg oeJeeW keĆ¢e efveheÅ”eve efkeĆ¢Ćee ieĆee.
Oeve mebheoe ĆeyevOeve mesJeeSb
Deheves ieĆenkeĆ¢esvcegKeer heĆĆeemeeW kesĆ¢ SkeĆ¢ Yeeie kesĆ¢ Ā¤he ceW, DeehekeĆ¢e yeQkeĆ¢ Je<e& 2004 mes ner Deheves SĆeSveDeeF& SJeb cetuĆeJeeve ieĆenkeĆ¢eW kesĆ¢ efueS Oeve mebheoe ĆøeyebOeve mesJeeSb GheueyOe keĆ¢jelee jne nw. Jele&ceeve ceW DeehekeĆ¢e yeQkeĆ¢ efJeefYeVe meePeeroejeW kesĆ¢ meeLe Å”eF& Dehe JĆeJemLee kesĆ¢ lenle mJeemLĆe yeercee keĆ¢es Meeefceue keĆ¢jles ngS, cĆetĆegDeue HebĆ¢[ Deewj FeqkeƤJeÅ”er Å”^seE[ie peerJeve yeercee, iewj peerJeve yeercee ceW efJeefYeVe
%
Ćeer Sce. [er. ceuĆee, DeOĆe#e SJeb ĆeyebOe efveosMekeĆ¢ Ćeje yeĆ[ewoe HeĆ¢mÅ”& JewuLe hewkeĆ¢ keĆ¢e MegYeejbYe
Ćeer Sce. [er. ceuĆee, DeOĆe#e SJeb ĆeyebOe efveosMekeĆ¢ hegCes ceW DeeĆeesefpele "SkeĆ¢ Meece meer.Sce.[er kesĆ¢ meeLe" meceejesn ceW hegjmkeĆ¢ej Ćeoeve keĆ¢jles ngS
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DevĆe he#eerĆe Glheeo GheueyOe keĆ¢je jne nw. Fme #es$e ceW Deewj DeefOekeĆ¢ Deeies yeĆ{les ngS DeehekesĆ¢ yeQkeĆ¢ ves cĆetĆegDeue HebĆ¢[ Deewj peerJeve yeercee ceW DeieĆCeer Debleje&Ā°^erĆe yeĆeb[eW kesĆ¢ meeLe oes mebĆegĆ²eĆ¢ GĆ ece mLeeefhele efkeĆ¢S nQ.
ye[ewoe heeĆeesefveĆej DemesÅ” cewvespeceWÅ” kebĆ¢.efue., FÅ”ueer keĆ¢er heeĆeesefveĆej FveJesmÅ”ceWÅ” kebĆ¢. kesĆ¢ meeLe cĆetĆegDeue HebĆ¢[ ceW DeehekesĆ¢ yeQkeĆ¢ keĆ¢e mebĆegĆ²eĆ¢ GĆ ece Deewj DeebOeĆ yeQkeĆ¢ leLee ĆetkesĆ¢ keĆ¢er Sue Sb[ peer kesĆ¢ meeLe peerJeve yeercee ceW SkeĆ¢ mebĆegĆ²eĆ¢ GĆ ece, Fbef[Ćee HeĆ¢mÅ”& ueeFHeĆ¢ ves YeejleerĆe yeepeej ceW Deheves keĆ¢es meHeĆ¢ueleehetJe&keĆ¢ mLeeefhele efkeĆ¢Ćee Deewj Deheveer mLeehevee mes ueskeĆ¢j Deheves keĆ¢eĆe& efve<heeove ceW efvejblej megOeej efkeĆ¢Ćee.
efJeĆ²eerĆe Je<e& 2012 YeejleerĆe FeqkeƤJeÅ”er kesĆ¢ efueS DeeqmLej jne Deewj JĆeehekeĆ¢ Gleej ĆeĆ{eJeeW ves efveJesMekeĆ¢eW keĆ¢er meceieĆ YeeJeveeDeeW keĆ¢es heĆYeeefJele efkeĆ¢Ćee. hejer#ee keĆ¢er Fme IeĆ[er ceW DeehekesĆ¢ yeQkeĆ¢ ves Deheveer keĆ¢eĆe&veerefleĆeeb yeoueeR Deewj yeepeej ceW DeeS DeekeĆ¢eqmcekeĆ¢ Gleej-Će{eJeeW mes ieĆenkeĆ¢eW keĆ¢es megjef#ele keĆ¢jves keĆ¢er ĆeqĀ° mes SmeDeeF&heer Ā¤Å” kesĆ¢ ceeOĆece mes cĆetĆegDeue HebĆ¢[ efveJesMekeĆ¢eW hej OĆeeve keWĆ¢efƵle efkeĆ¢Ćee. keĆ¢eĆe&veerefleĆeeb meHeĆ¢ue jneR Deewj Fmemes ye[er mebKĆee ceW ieĆenkeĆ¢ ueeYeeeqvJele ngS. DeehekesĆ¢ yeQkeĆ¢ ves ieĆenkeĆ¢eW ceW DevegMeeefmele yeĆele/efveJesMe keĆ¢er Deeole efJekeĆ¢efmele keĆ¢er Deewj meeLe ner Deheves JĆeJemeeĆe ceW Yeer Je=efƦ keĆ¢er. efheĆues oes Je<eeX kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ ves SSmeyeerS(ShueerkesĆ¢Meve meheesÅ”x[ yeeF& yueekeƤ[ DeceeGbÅ”) kesĆ¢ #es$e keĆ¢es JĆeehekeĆ¢ keĆ¢jves Deewj Fmes ĆeĆeefvele MeeKeeDeeW lekeĆ¢ efJemleeefjle keĆ¢jves Deewj Deheves vesÅ” yeQeEkeĆ¢ie ieĆenkeĆ¢eW kesĆ¢ efueS Deeve-ueeFve megefJeOee cegnwĆee keĆ¢jeves keĆ¢e heĆĆeeme efkeĆ¢Ćee. efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ ves Gve ieĆenkeĆ¢eW kesĆ¢ efueS mecetn Demeyee (ASBA) megefJeOee keĆ¢e MegYeejbYe efkeĆ¢Ćee pees yeĆeskeĆ¢me& pewmes DevĆe ceOĆemLeeW kesĆ¢ ceeOĆece mes DeeF&heerDees/SHeĆ¢heerDees/SveSHeĆ¢Dees DeeJesove keĆ¢jvee Ćeenles nQ.
Ćen GuuesKeveerĆe nw efkeĆ¢ Oeve mebheoe heĆyebOeve #es$e kesĆ¢ lenle DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ heĆĆeeme GlmeenJeOe&keĆ¢ jns nQ Deewj Fmeves yeQkeĆ¢ keĆ¢er meceieĆ yĆeepe Flej DeeĆe ceW Ćeesieoeve efoĆee nw.
SceSmeSceF& JĆeJemeeĆe
ceeFāŗeĆ¢es, ueIeg Deewj ceOĆece GĆ eesie (SceSmeSceF&) YeejleerĆe DeLe&JĆeJemLee keĆ¢e cenlJehetCe& IeÅ”keĆ¢ nw. Ćen JĆeJemeeĆe Yeejle kesĆ¢ efJeefvecee&Ce SJeb mesJee #es$e ceW kegĆ¢ue DeewĆ eesefiekeĆ¢ Glheeove keĆ¢e 40.0%, DeewĆ eesefiekeĆ¢ FkeĆ¢eFĆeeW keĆ¢e 95.0% leLee kegĆ¢ue jespeieej ceW 35.0% keĆ¢e Ćeesieoeve oslee nw. SmeSceF& #es$e ceW mesJee #es$e - efJeMes<ekeĆ¢j DeeF&Å”er mebyebOeer mesJeeSb, mJeeiele melkeĆ¢ej mebyebOeer mesJeeSb, heĆe&Å”ve, ketĆ¢efjĆej mesJeeSb, heefjJenve Deeefo keĆ¢e Ćeesieoeve keĆ¢eHeĆ¢er cenlJehetCe& nw.
Yeejle ceW GYejleer SmeSceF& hej heĆee&hle OĆeeve kesĆ¢eqvƵle keĆ¢jles ngS DeehekeĆ¢e yeQkeĆ¢ 150 keĆ¢jesĆ[ Ā®heS lekeĆ¢ kesĆ¢ Å”ve&DeesJej Jeeueer DevĆe JeeefCeeqpĆekeĆ¢ FkeĆ¢eFĆeeW keĆ¢es SmeSceF& kesĆ¢ meceleguĆe ceeveles ngS Fve hej efJeĆeej keĆ¢jlee jne nw. SmeSceF& meskeĆ¤Å”j kesĆ¢ efJekeĆ¢eme kesĆ¢ efueS yeQkeĆ¢ ves SkeĆ¢ efJeefMeĀ° SJeb vetleve ef[ueerJejer cee@[ue pewmes SmeSceF& ueesve HewĆ¢keĆ¤Å”jer MegĀ¤ keĆ¢er nw pees Jele&ceeve ceW yeQkeĆ¢ kesĆ¢ 46 kesĆ¢vƵeW hej mebĆeeefuele nw leLee Fmes yeepeej keĆ¢e meceLe&ve Yeer efceue jne nw. SmeSceF& ueesve HewĆ¢keĆ¤Å”jer, SmeSceF& $e+Ce heĆmleeJeeW keĆ¢es meceĆe hej mJeerke=Ć¢le keĆ¢j>es nsleg heĆefāŗeĆ¢Ćee keĆ¢es mejue yeveeves keĆ¢e SkeĆ¢ veJeesvces<eer cee@[ue nw. Ćen cee@[ue kesĆ¢vƵerĆe heĆefāŗeĆ¢Ćee keĆ¢#e mes ĆegĆ²eĆ¢ nw pees $e+Ce heĆmleeJeeW keĆ¢e efveĆele meceĆeeJeefOe ceW MeerIeĆ cetuĆeebkeĆ¢ve Deewj FvekeĆ¢er mJeerke=Ć¢efleĆeeW keĆ¢e keĆ¢eĆe& osKelee nw. MeeKeeDeeW Ćeje pe>ejsÅ” eqkeĆ¢S ieS ueer[me hej mesume Å”erce DevegJeleea keĆ¢ej&JeeF& keĆ¢jleer nw. FmekeĆ¢er meHeĆ¢uelee mes heĆeslmeeefnle neskeĆ¢j DeehekeĆ¢e yeQkeĆ¢ Deeieeceer Je<e& ceW Fme heĆkeĆ¢ej keĆ¢er Deewj DeefOekeĆ¢ ueesve HewĆ¢eqkeĆ¤Å”Ćeeb Keesueves keĆ¢er Ćeespevee yevee jne nw. yeQkeĆ¢ keĆ¢er osMe Yej ceW meYeer heĆcegKe JĆeeJemeeefĆekeĆ¢ kesĆ¢vƵeW, ĆeLee Deeieje, Denceoeyeeo, Fueeneyeeo, yeWieuetĀ¤, yejsueer, yeĆ[ewoe, YeerueJeeĆ[e, YegJevesĆej, yeuemeeĆ[, YeĀ¤Će, Ćeb[erie{, ĆesVeF&, keĆ¢esĆecyeĆ²etj leLee osnjeotve, efouueer ceW oes, Svee&kegĆ¢uece, ieebOeerOeece, ieesjKehegj, nwojeyeeo, nuĆeveer, Fvoewj, peĆehegj, peceMesohegj, peeceveiej, peesOehegj, keĆ¢evehegj, keĆ¢esunehegj, keĆ¢esuekeĆ¢elee, ueKeveT, uegefOeĆeevee, cegbyeF& ceW 3, cesj", cesnmeeCee, veeiehegj, veeefmekeĆ¢, hegCes, heÅ”vee, jepekeĆ¢esÅ”, jeĆehegj, metjle, Meenpenebhegj, JeejeCemeer Deewj efJeMeeKeeheÅ”vece Hej SmeSceF& ueesve HewĆ¢eqkeĆ¤Å”Ćeeb nwb. Fve SmeSceF& ueesve HewĆ¢eqkeĆ¤Å”ĆeeW ves iele Je<e& Ā®heS 14,530/- keĆ¢jesĆ[ keĆ¢er mJeerke=Ć¢efle keĆ¢er leguevee ceW efJeĆ²eerĆe Je<e& 2012 ceW kegĆ¢ue 18,619/- keĆ¢jesĆ[ Ā®heS keĆ¢er $e+Ce mJeerke=Ć¢efle heĆoeve keĆ¢er nw.
JĆeJemeeĆe ceW Je=efƦ31 ceeĆe& 2012 keĆ¢es SceSmeSceF& #es$e kesĆ¢ Debleie&le kegĆ¢ue yekeĆ¢eĆee jeefMe 34,512 keĆ¢jesĆ[ Ā®heS jner. iele leerve Je<eeX ceW SceSmeSceF& #es$e kesĆ¢ lenle $e+CeeW ceW yeĆ{esllejerr efvecveefueefKele leeefuekeĆ¢e ceW oMee&F& ieF& nw.
Je<e& Je=efƦ (% Je<e&-oj-Je<e&)2009-10 43.98%2010-11 29.63%2011-12 26.11%efJeĆ²eerĆe Je<e& 2010 kesĆ¢ oewjeve SceSmeSceF& $e+Ce kesĆ¢ lenle Dehes#eeke=Ć¢le DeefOekeĆ¢ Je=efƦ ope& keĆ¢er ieF& keƤĆeeWefkeĆ¢ efmelebyej 2009 ceW YeejleerĆe efjpeJe& yeQkeĆ¢ Ćeje peejer efoMee-efveoxMeeW kesĆ¢ DevegmejCe ceW Fme Je<e& Kegoje JĆeeheej kesĆ¢ efueS mJeerke=Ć¢le ` 20.00 ueeKe lekeĆ¢ kesĆ¢ DeefieĆceeW keĆ¢es henueer yeej met#ce SJeb ueIeg GĆ ece #es$eeW kesĆ¢ Debleie&le Jeieeake=Ć¢le efkeĆ¢Ćee ieĆee.
efJeĆ²eerĆe Je<e& 2012 keĆ¢er heĆcegKe GheueeqyOeĆeeb
ye=nle cegbyeF& DebĆele Ćeje DeeĆeesefpele Sme Sce F& Ā«eenkeĆ¢ meccesueve keĆ¢es mebyeesefOele keĆ¢jles ngS keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ Ćeer Sve. Sme. ĆeerveeLe
Je<e& 2010-11 ceW meWÅ”^ue peesve ceW HeerSceF&peerHeer Ćeespevee kesĆ¢ Glke=Ć¢ā keĆ¢eĆe& efve<Heeove kesĆ¢ efueS Ćeer JeerjYeƵ eEmen, kesĆ¢vƵerĆe SceSmeSceF& ceb$eer, Yeejle mejkeĆ¢ej mes HegjmkeĆ¢ej ĆøeeHle keĆ¢jles ngS Ćeer Deej. kesĆ¢. ye#eer, keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢
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ā¢ iele Je<e& ceW ` 27,365 keĆ¢jesĆ[ kesĆ¢ Sme Sce F& $e+Ce mJeerke=Ć¢le efkeĆ¢S ieS Les efpemeceW (26.11%) keĆ¢er oj mes ` 7,147 keĆ¢jesĆ[ keĆ¢er Je=efƦ ngF& Deewj Ćen DeebkeĆ¢Ć[e ceeĆe& 2012 lekeĆ¢ ` 34,512 keĆ¢jesĆ[ hengbĆe ieĆee.
ā¢ efJeĆ²eerĆe Je<e& 2012 ceW Sme Sce F& #es$e keĆ¢es mJeerke=Ć¢le ` 28,047 keĆ¢jesĆ[ keĆ¢er kegĆ¢ue DeefieĆce jeefMe ceW met#ce GĆ eceeW keĆ¢es mJeerke=Ć¢le ` 15,455 keĆ¢jesĆ[ keĆ¢er $e+Ce jeefMe, 55.10% jner nw pees YeejleerĆe efjpeJe& yeQkeĆ¢ Ćeje efveOee&efjle DeefveJeeĆe& ue#Će kesĆ¢ DevegĀ¤he nw.
ā¢ Sme Sce F& DeefieĆceeW ves 31 ceeĆe& 2012 lekeĆ¢ DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ mekeĆ¢ue Iejsuet DeefieĆceeW ceW 16.8% keĆ¢e Ćeesieoeve efkeĆ¢Ćee nw.
ā¢ ceeĆe& 2012 keĆ¢er meceeeqhle Hej met#ce SJeb ueIeg GĆ eceeW keĆ¢es DeefieĆce keĆ¢s mebyebOe ceW ` 27000 keĆ¢jesĆ[ kesĆ¢ efveOee&efjle ue#Će keĆ¢er leguevee ceW Ćen mlej `
28,047 keĆ¢jesĆ[ jne.
ā¢ efJeĆ²eerĆe Je<e& 2012 keĆ¢er meceeeqhle Hej DeehekesĆ¢ yeQkeĆ¢ ves 10 veF& Sme Sce F& ueesve HewĆ¢eqkeĆ¤Å”^Ćeeb leLee 08 veF& SmeSceF& efJeMes<eerke=Ć¢le MeeKeeSb KeesueeR.
ā¢ DeehekesĆ¢ yeQkeĆ¢ ves Deheves SceSmeSceF& JĆeJemeeĆe keĆ¢es ieefle osves kesĆ¢ efueS efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve yeĆ[ewoe Ćewveue HeĆ¢eĆeveseĆ©vmeie pewmes SkeĆ¢ veS Glheeo keĆ¢es heeĆeueÅ” DeeOeej Hej MegYeejbYe efkeĆ¢Ćee nw.
ā¢ DeehekesĆ¢ yeQkeĆ¢ ves ueIeg SJeb met#ce GĆ eceeW kesĆ¢ efueS yeĆ[ewoe GĆ eceer hegjmkeĆ¢ej keĆ¢e MegYeejbYe efkeĆ¢Ćee nw.
Je<e& 2012 kesĆ¢ oewjeve SceSmeSceF& efJeĆ²ehees<eCe mebyebOeer HenueW
1. DeehekesĆ¢ yeQkeĆ¢ ves efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve mLeeveerĆe ieĆenkeĆ¢eW keĆ¢er DeeJeMĆekeĆ¢lee keĆ¢es OĆeeve ceW jKeles ngS heebĆe ieĆenkeĆ¢ kesĆ¢eqvƵle SJeb #es$e efJeefMe<Å” Glheeo DeejbYe efkeĆ¢S nQ, peyeefkeĆ¢ efJeĆ eceeve 10 ieĆenkeĆ¢ kesĆ¢eqvƵle SJeb #es$e efJeefMe<Å” GlHeeoeW keĆ¢es veJeerke=Ć¢le efkeĆ¢Ćee.
2. DeehekesĆ¢ yeQkeĆ¢ ves nwojeyeeo, Denceoeyeeo, peĆehegj ceW SDeeF&SceS kesĆ¢ menĆeesie mes GĆ eefceĆeeW kesĆ¢ efueS ''cewvespeceWÅ” eqmkeĆ¢ume Å”t meesme& HeĆ¢esFveWeEmeie SC[ cewvespeceWÅ” Dee@HeĆ¢ Å”skeƤvee@uee@peer yeeF SmeSceF&'' hej keĆ¢eĆe&MeeueeSb DeeĆeesefpele keĆ¢eR.
3. DeehekesĆ¢ yeQkeĆ¢ ves āheĆesÅ”^wkeĆ¢ā (SmeSceF& āŗesĆ¢ef[Å” heĆmleeJeeW kesĆ¢ efueS SkeĆ¢ F&-Å”^weEkeĆ¢ie efmemÅ”ce) keĆ¢er MegĀ¤Deele keĆ¢er nw leeefkeĆ¢ Å”ve&DejeGb[ meceĆe hej GefĆele efveĆeb$eCe jKee pee mekesĆ¢.
4. SmeSceF& DeefieĆceeW keĆ¢es yeĆ{eJee osves kesĆ¢ efueS DeehekesĆ¢ yeQkeĆ¢ ves efoveebkeĆ¢ 01 peveJejer 2012 mes 31 ceeĆe& 2012 lekeĆ¢ SmeSceF& lĆeewnej ceveeĆee. Fme DeJeefOe kesĆ¢ oewjeve mJeerke=Ć¢le $e+CeeW kesĆ¢ efueS yĆeepe oj leLee mesJee heĆYeejeW ceW kegĆ¢Ć ĆtÅ” keĆ¢er Yeer Iees<eCee keĆ¢er ieF&.
5. DeehekesĆ¢ yeQkeĆ¢ ves meerpeerÅ”erSmeSceF& Ćeje met#ce SJeb ueIeg GĆ eceeW keĆ¢es yeQkeĆ¢ $e+Ce leLee āŗesĆ¢ef[Å” ieebjÅ”er keĆ¢er YetefcekeĆ¢e hej DeeĆeesefpele keĆ¢eĆe&MeeueeDeeW ceW Yeeie efueĆee.
6. DeehekesĆ¢ yeQkeĆ¢ ves efJeMes<e DeefYeĆeeve kesĆ¢ ceeOĆece mes meerpeerÅ”erSmeSceF& kesĆ¢ lenle keĆ¢esuewÅ”jue HeĆĆ¢er $e+Ce hej peesj efoĆee.
7. mebJee|Oele āŗeĆ¢e@me meseEueie kesĆ¢ ceeOĆece mes meceieĆ ieĆenkeĆ¢ mebyebOe keĆ¢er eqmLeefle neefmeue keĆ¢jves kesĆ¢ efueS efJeefYeVe mLeeveeW hej DeveskeĆ¢ yew"keWĆ¢ DeeĆeesefpele keĆ¢er ieFĆ leLee jeĀ°^erĆe Deewj jepĆe mlej hej efJeefYeVe JĆeeheej mebie"veeW keĆ¢es mebueive efkeĆ¢Ćee ieĆee.
8. DeehekesĆ¢ yeQkeĆ¢ ves heĆefMe#eCe kesĆ¢vƵeW Deewj mÅ”eHeĆ¢ keĆ¢e@uespe kesĆ¢ ceeOĆece mes yeenĆe heĆefMe#eCe leLee efJeMes<e hee"ĆeāŗeĆ¢ceeW kesĆ¢ peefjS SmeSceF& ueesve HewĆ¢eqkeĆ¤Å”^ĆeeW ceW keĆ¢eĆe&jle heĆesmeseEmeie/ceekexĆ¢eEÅ”ie DeefOekeĆ¢eefjĆeeW keĆ¢es o#e yeveeves SJeb %eeve mebJeOe&ve kesĆ¢ efueS ueieeleej keĆ¢eĆe&āŗeĆ¢ce DeeĆeesefpele efkeĆ¢S.
9. DeehekesĆ¢ yeQkeĆ¢ ves meYeer keĆ¢es DeJeiele keĆ¢jeves leLee meJeexĆ²ece SmeSceF& ueesve HewĆ¢keĆ¤Å”^er keĆ¢es Ćceener/Jeee|<ekeĆ¢ DeeOeej hej mecceeefvele/hegjmke=Ć¢le keĆ¢jves kesĆ¢ GodosMĆe mes SmeSceF& ueesve HewĆ¢eqkeĆ¤Å”^ĆeeW kesĆ¢ keĆ¢eĆe&efve<heeove keĆ¢er ceeefmekeĆ¢ DeeOeej hej jQeEkeĆ¢ie heĆoeve keĆ¢jves keĆ¢er MegĀ¤Deele keĆ¢er.
10. SceSmeSceF& GOeejkeĆ¢lee&DeeW kesĆ¢ DeeJesoveeW kesĆ¢ mebieĆnCe nsleg DeehekesĆ¢ yeQkeĆ¢ ves SveSmeDeeF&meer kesĆ¢ meeLe mecePeewlee %eeheve hej nmlee#ej efkeĆ¢S.
11. DeehekesĆ¢ yeQkeĆ¢ ves Deheves SmeSceF& GlheeoeW leLee meerpeerÅ”erSceSmeF& Ćeespevee keĆ¢er peevekeĆ¢ejer oskeĆ¢j GĆ eefceĆeeW keĆ¢er meneĆelee keĆ¢jves nsleg SkeĆ¢ heĆeĆeesefiekeĆ¢ ceeie&oe|MekeĆ¢e lewĆeej keĆ¢er.
12. SmeSceF& KeeleeW keĆ¢er jseEÅ”ie kesĆ¢ efueS DeehekesĆ¢ yeQkeĆ¢ ves Ćeej āŗesĆ¢ef[Å” jseEÅ”ie SpeWefmeĆeeW kesĆ¢ meeLe mecePeewlee keĆ¢jej hej nmlee#ej efkeĆ¢S nQ.
ieĆeceerCe SJeb ke=Ć¢ef<e yeQefkeĆ¢bie
Deehe peeveles ner nQ efkeĆ¢ DeehekeĆ¢e yeQkeĆ¢ heĆeLeefcekeĆ¢lee heĆehle #es$e SJeb ke=Ć¢ef<e $e+CeeW kesĆ¢ #es$e ceW ncesMee DeieĆCeer jne nw. yeQkeĆ¢ ves Deheves 1,270 ieĆeceerCe MeeKeeDeeW leLee 1,045 DeOe&Menjer MeeKeeDeeW kesĆ¢ JĆeehekeĆ¢ vesÅ”Jeke&Ć¢ kesĆ¢ ceeOĆece mes ieĆeceerCe yeepeej keĆ¢er efJemle=le mebYeeJeveeDeeW keĆ¢e efvejblej oesnve keĆ¢jlee jne nw.
DeehekesĆ¢ yeQkeĆ¢ ves efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve Yeer ieĆeceerCe SJeb DeOe&Menjer #es$eeW ceW 314 veF& MeeKeeSb Keesueer nQ.
DeehekesĆ¢ yeQkeĆ¢ keĆ¢es GĆ²ej heĆosMe SJeb jepemLeeve jepĆeeW ceW jepĆe mlejerĆe yeQkeĆ¢me& meefceefle (SmeSueyeermeer) kesĆ¢ mebĆeespekeĆ¢ nesves keĆ¢e ieewjJe heĆehle nw. DeehekeĆ¢e yeQkeĆ¢ iegpejele (12), jepemLeeve (12), GĆ²ej heĆosMe (15), GĆ²ejebĆeue (2), ceOĆe heĆosMe (2), SJeb efyenej (2) jepĆeeW ceW 45 efpeueeW ceW DeieĆCeer yeQkeĆ¢ keĆ¢er YetefcekeĆ¢e efveYee jne nw.
DeehekesĆ¢ yeQkeĆ¢ ves efJeefJeOe jepĆeeW ceW 1,300 MeeKeeDeeW kesĆ¢ vesÅ”Jeke&Ć¢ Deewj ceeĆe& 2012 kesĆ¢ Deble ceW Ā®.21,700 keĆ¢jesĆ[ kesĆ¢ kegĆ¢ue JĆeJemeeĆe meefnle heebĆe #es$eerĆe ieĆeceerCe yeQkeĆ¢eW (DeejDeejyeer) keĆ¢es heĆeĆeesefpele efkeĆ¢Ćee nw.
Ćeer Sce. [er. ceuĆee, DeOĆe#e SJeb ĆeyebOe efveosMekeĆ¢ Ćeje Sme Sce F& yegkeĆ¢uesÅ” keĆ¢e efJeceesĆeve. meeLe ceW nQ Ćeer Sve. Sme. ĆeerveeLe, keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ SJeb Ćeer pes. jcesMe, ceneĆeyebOekeĆ¢ (SmeSceF& SJeb Oeve mebHeoe ĆøeyebOeve mesJeeSB).
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Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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Je<e& 2012 ceW heĆeLeefcekeĆ¢lee heĆehle #es$e $e+CeeW ceW keĆ¢eĆe&efve<heeoveyeQkeĆ¢ kesĆ¢ heĆeLeefcekeĆ¢lee heĆehle DeefieĆce ceeĆe& 2011 kesĆ¢ Deble ceW Ā®. 57,364 keĆ¢jesĆ[ mes yeĆ{ keĆ¢j ceeĆe& 2012 kesĆ¢ Deble ceW Ā®. 68,527 keĆ¢jesĆ[ nes ieS pees meceeĆeesefpele MegƦ yeQkeĆ¢ $e+Ce (SSveyeermeer) keĆ¢e 43.37% nw, peyeefkeĆ¢ DeefveJeeĆe& ue#Će 40.00% nw.
ke=Ć¢ef<e DeefieĆce: DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ heĆlĆe#e ke=Ć¢ef<e DeefieĆce Je<e& kesĆ¢ oewjeve Ā®.4,266 keĆ¢jesĆ[ keĆ¢er meceĀ«e Je=efƦ SJeb iele Je<e& keĆ¢er leguevee ceW 24.86% keĆ¢er yeĆ{le kesĆ¢ meeLe Ā®.21,423 keĆ¢jesĆ[ nes ieS. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ kegĆ¢ue ke=Ć¢ef<e DeefieĆceeW ceW ieleJe<e& keĆ¢er leguevee ceW 18.38% keĆ¢er Je=efƦ ngĆeer Deewj Ćes ceeĆe& 2012 kesĆ¢ Deble ceW Ā®.29,036 keĆ¢jesĆ[ nes ieS. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ heĆlĆe#e ke=Ć¢ef<e $e+Ce ceeĆe& 2012 kesĆ¢ Deble ceW meceeĆeesefpele MegƦ yeQkeĆ¢ $e+CeeW (SSveyeermeer) keĆ¢e 13.56% jns, peyeefkeĆ¢ DeefveJeeĆe& ue#Će 13.50% keĆ¢e nw. Flevee ner veneR, kegĆ¢ue ke=Ć¢ef<e DeefieĆce Yeer 18.00% kesĆ¢ DeefveJeeĆe& ue#Će keĆ¢er leguevee ceW SSveyeermeer keĆ¢e 18.06% jns.
DeehekesĆ¢ yeQkeĆ¢ ves ke=Ć¢<ekeĆ¢eW keĆ¢es $e+Ce heĆoeve keĆ¢jves nsleg Deheves ke=Ć¢ef<e $e+Ce Glheeo yeĆ[ewoe efkeĆ¢meeve āŗesĆ¢ef[Å” keĆ¢e[& kesĆ¢ lenled efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve 3,09,685 āŗesĆ¢ef[Å” keĆ¢e[& peejer efkeĆ¢S. efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ ves 3,73,283 veĆes efkeĆ¢meeveeW keĆ¢es $e+Ce heĆoeve efkeĆ¢S. Deheves ceeFāŗeĆ¢es efJeĆ²ehees<eCe kesĆ¢ veJeesvces<eer heĆĆeemeeW kesĆ¢ SkeĆ¢ Yeeie kesĆ¢ Ā®he ceW DeehekesĆ¢ yeQkeĆ¢ ves 19,455 mJeĆeb meneĆelee mecetneW keĆ¢es efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve Ā®. 214 keĆ¢jesĆ[ keĆ¢er jeefMe heĆoeve keĆ¢er, efpemekesĆ¢ HeĆ¢uemJeĀ®he mJeĆeb meneĆelee mecetn $e+Ce menyeƦlee keĆ¢er kegĆ¢ue mebKĆee 1,54,397 SJeb jeefMe Ā®. 1,171 keĆ¢jesĆ[ nes ieĆeer.
JĆeJemeeĆe Deewj meeceeefpekeĆ¢ henueWDeehekesĆ¢ yeQkeĆ¢ ves efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve ieĆeceerCe SJeb ke=Ć¢ef<e $e+CeeW nsleg GheueyOe DeJemejeW keĆ¢e ueeYe G"eves kesĆ¢ heĆĆeespeve mes DeveskeĆ¢ veJeesvces<eer henueeW keĆ¢er MegĀ®Deele keĆ¢er. FveceW mes kegĆ¢Ć keĆ¢e GuuesKe veerĆes efkeĆ¢Ćee ieĆee nw : 1. ke=Ć¢ef<e DeefieĆceeW keĆ¢es yeĆ{eves kesĆ¢ efueS yeQkeĆ¢ ves efJeMes<e DeefYeĆeeve DeLee&le HeĆ¢meueer
$e+CeeW kesĆ¢ efueS KejerHeĆ¢ SJeb jefye DeefYeĆeeve ĆeueeĆes, efpeveceW āŗeĆ¢ceMe: 3,676 keĆ¢jesĆ[ Ā®. leLee 2,013 keĆ¢jesĆ[ Ā®. keĆ¢er jeefMe mebefJeleefjle keĆ¢er ieĆeer. efveJesMe āŗesĆ¢ef[Å” kesĆ¢ efueS SkeĆ¢ DevĆe DeefYeĆeeve Yeer ĆeueeĆee ieĆee efpemekesĆ¢ lenled 1,178 keĆ¢jesĆ[ Ā®. keĆ¢er jeefMe mebefJeleefjle keĆ¢er ieĆeer.
2. DeehekesĆ¢ yeQkeĆ¢ ves 5,944 ieĆecĆe mlejerĆe $e+Ce efMeefJej DeeĆeesefpele efkeĆ¢Ćes Deewj efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve 2,84,062 GOeejkeĆ¢lee&DeeW keĆ¢es Ā®.3,169 keĆ¢jesĆ[ keĆ¢er jeefMe mebefJeleefjle keĆ¢er.
3. yeQkeĆ¢ ves hetjs osMe ceW 450 LeĆmÅ” MeeKeeDeeW keĆ¢e ĆeĆeve efkeĆ¢Ćee nw, efpemekeĆ¢e
GƶsMĆe ke=Ć¢ef<e $e+CeeW keĆ¢es yeĆ{evee nw. Fve MeeKeeDeeW ves ceeĆe& 2012 kesĆ¢ Deble lekeĆ¢ kegĆ¢ue ke=Ć¢ef<e $e+CeeW ceW 33% keĆ¢e Ćeesieoeve efkeĆ¢Ćee nw.
4. jeFme efceue, keĆ¢esu[ mÅ”esjspe, keĆ¢e@Å”ve efieeEveie ĆetefveÅ”, HeesuÅ”^er FkeĆ¢eFĆeeW FlĆeeefo pewmes GĆ eesieeW kesĆ¢ mebkesĆ¢vƵCe Jeeues #es$eesb nsleg DeeHekesĆ¢ yeQkeĆ¢ ves #es$e efJeefMeā ĆeespeveeSb yeveeF& nwb, pees efkeĆ¢ mLeeveerĆe DeeJeMĆekeĆ¢leeDeeW kesĆ¢ DevegketĆ¢ue nQ. yĆeepe oj ĆøeYeej FlĆeeefo kesĆ¢ mebyebOe ceW Fve ĆeespeveeDeeW kesĆ¢ lenle efJeMes<e ĆtÅ” Ćøeoeve keĆ¢er ieF& leeefkeĆ¢ DeefOekeĆ¢lece JĆeJemeeĆe ĆøeeHle efkeĆ¢Ćee pee mekesĆ¢.
yeĆ[ewoe ieĆeceerCe hejeceMe& kesĆ¢vƵ (yeerpeerheerkesĆ¢) DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ veJeesvces<eer heĆĆeemeeW ceW mes SkeĆ¢ nw efpemekesĆ¢ ceeOĆece mes yeQkeĆ¢ ieĆeceerCe mecegoeĆe keĆ¢es $e+Ce kesĆ¢ mebyebOe ceW meueen, efJeĆ²eerĆe efMe#ee leLee DevĆe mesJeeSb pewmes efkeĆ¢ ke=Ć¢ef<e GlheeoeW keĆ¢er Jew%eeefvekeĆ¢ {bie mes Kesleer FlĆeeefo keĆ¢erceleeW kesĆ¢ yeejs ceW peevekeĆ¢ejer heĆoeve keĆ¢jlee nw. yeQkeĆ¢ 31 ceeĆe& 2012 lekeĆ¢ 52 yeĆ[ewoe ieĆeceerCe hejeceMe& kesĆ¢vƵ mLeeefhele keĆ¢j ĆegkeĆ¢e nw.
FmekesĆ¢ DeefleefjĆ²eĆ¢ efJeĆ²eerĆe Je<e& kesĆ¢ oewjeve DeefleefjkeƤle 10 yeĆ[ewoe mJejespeieej efJekeĆ¢eme mebmLeeve, yeĆ[ewoe Deej-mesÅ”er kesĆ¢vƵ Keesues ieS. FmekesĆ¢ meeLe ner yeĆ[ewoe mJejespeieej efJekeĆ¢eme mebmLeeveeW keĆ¢er mebKĆee yeĆ{ keĆ¢j 46 nes ieĆeer nw. Fme heĆkeĆ¢ej Deye DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ heĆlĆeskeĆ¢ DeieĆCeer efpeues ceW Yeejle mejkeĆ¢ej kesĆ¢ efoMeeefveoxMeeW kesĆ¢ Devegmeej Deej-mesÅ”er nw. FveceW mes Depecesj ceW Keesuee ieĆee yeĆ[ewoe mJejespeieej efJekeĆ¢eme mebmLeeve hetCe&le: ceefnuee GĆ eefceĆeeW kesĆ¢ efueS nw. yeerSmeJeerSme cetuele: Ssmes mebmLeeve nwb efpevekeĆ¢e heĆĆeespeve mJejespeieej GĆ ece MegĀ® keĆ¢jves kesĆ¢ efueS ĆegJeeDeeW keĆ¢es heĆefMeef#ele keĆ¢jvee Deewj Dehesef#ele keĆ¢ewMeue kesĆ¢ mebyebOe ceW %eeve heĆoeve keĆ¢jvee nw. Je<e& 2012 kesĆ¢ oewjeve ueieYeie 42,786 ĆegJee ueeYeee|LeĆeeW keĆ¢es heĆefMeef#ele efkeĆ¢Ćee ieĆee. FveceW mes 25,791 ĆegJeeDeeW ves mJe:jespeieej GĆ ece mLeeefhele keĆ¢j efueĆes nQ. Ćen GuuesKeveerĆe nw efkeĆ¢ Fve kesĆ¢vƵeW Ćeje heĆefMeef#ele efkeĆ¢S ieS kegĆ¢ue 1,22,228 ueeYeee|LeĆeeW ceW mes Deye lekeĆ¢ 75,050 ueeYeee|LeĆeeW ves Deheves mJejespeieej GĆ ece mLeeefhele keĆ¢j efueS nQ.
efJeĆ²eerĆe mee#ejlee SJeb $e+Ce hejeceMe& kesĆ¢vƵ (SHeĆ¢Suemeermeer) - āāmeejLeerāāYeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMeeefveoxMeeW kesĆ¢ DeeOeej hej yeQkeĆ¢ ves 39 SHeĆ¢Suemeermeer efpevnW 'meejLeer' veece efoĆee ieĆee nw, peĀ®jlecebo ueesieeW keĆ¢es efJeĆ²eerĆe mee#ejlee leLee $e+Ce hejeceMe& megefJeOeeSb heĆoeve keĆ¢jves kesĆ¢ efueS mLeeefhele efkeĆ¢S leeefkeĆ¢ Jes yeQeEkeĆ¢ie heĆCeeueer mes yeQeEkeĆ¢ie megefJeOeeDeeW keĆ¢e ueeYe G"e mekesĆ¢b Deewj meeLe ner $e+Ce kesĆ¢ yeesPe leues efJeĆ²eerĆe mebkeĆ¢Å” ceW petPeles ueesieeW keĆ¢es hejeceMe& efoĆee pee mekesĆ¢. DeehekesĆ¢ yeQkeĆ¢ ves Deheves yeerSmeJeerSme Å”^mÅ” kesĆ¢ lenled Fve kesĆ¢vƵeW keĆ¢es Keesuee nw SJeb FveceW mebyebefOele ueesieeW keĆ¢es efve:MegukeĆ¢ hejeceMe& mesJeeSb oer pee jner nQ. DeehekesĆ¢ yeQkeĆ¢ ves Je<e& 2012 kesĆ¢ oewjeve 21 veĆes SHeĆ¢Suemeermeer Keesues efpevnW efceueekeĆ¢j ceeĆe& 2012 kesĆ¢ Deble lekeĆ¢ SHeĆ¢Suemeermeer keĆ¢er kegĆ¢ue mebKĆee yeĆ{ keĆ¢j 39 nes ieĆeer nw. DeehekeĆ¢e yeQkeĆ¢ ĆeLeemeceĆe Deheves DeieĆCeer efpeueeW ceW SHeĆ¢Suemeermeer Keesuesiee.
JĆeJemeeĆe megueYekeĆ¢lee& cee@[ueĆen cee@[ue efJeĆ²eerĆe meceeJesMeve keĆ¢er heĆefāŗeĆ¢ĆeeDeeW keĆ¢es lespe keĆ¢jves Deewj yeQkeĆ¢ kesĆ¢ ke=Ć¢ef<e $e+Ce ceW ye{esĆ²ejer kesĆ¢ efueS hetjs osMe ceW efāŗeĆ¢ĆeeeqvJele efkeĆ¢Ćee ieĆee nw. JĆeJemeeĆe megueYekeĆ¢lee&, DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ efueS $e+Ce DeeJesovehe$e kewĆ¢veJeeme keĆ¢jWies Deewj FmekesĆ¢ efueS yeQkeĆ¢ GvnW cesnveleeves keĆ¢e Yegieleeve keĆ¢jsiee. mesJee efveJe=Ć²e yeQkeĆ¢jeW leLee mejkeĆ¢ejer keĆ¢ce&ĆeeefjĆeeW, SvepeerDees, ke=Ć¢<ekeĆ¢-keƤueye leLee mJeĆeb meneĆelee mecetneW mes pegĆ[s JĆeefĆ²eĆ¢ĆeeW keĆ¢es SpesCÅ”eW kesĆ¢ Ā®he ceW ueieeĆee peelee nw leeefkeĆ¢ ieĆeceerCe leLee DeOe&Menjer #es$eeW ceW yeQkeĆ¢ keĆ¢er hengbĆe yeĆ{ mekesĆ¢.
ceeFāŗeĆ¢es ueesve HewĆ¢keĆ¤Å”jerDeehekesĆ¢ yeQkeĆ¢ ves GĆ²ej heĆosMe ceW jeĆeyejsueer leLee megueleevehegj ceW ceeFāŗeĆ¢es ueesve
Depecesj jepemLeeve ceW yeĆ[ewoe efkeĆ¢meeve āŗesĆ¢ef[Å” keĆ¢e[& keĆ¢e efJelejCe - meceejesn ceW Ćeer SĆe. Deej. Keeve, GHe ieJeve&j, YeejleerĆe efj]peJe& yeQkeĆ¢ SJeb Ćeer Sve. Sme. ĆeerveeLe, keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ GHeeqmLele Les
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Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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mesJee Deehete|lekeĆ¢lee&
ā¢ DeehekesĆ¢ yeQkeĆ¢ ves yeermeer cee@[ue kesĆ¢ efueS Sb[ Å”t Sb[ meesuĆetMeve kesĆ¢ efueS mesJee Deehete|lekeĆ¢lee& kesĆ¢ Ā®he ceW cesmeme& Å”ermeerSme SJeb cesmeme& SĆemeerSue keĆ¢e ĆeĆeve efkeĆ¢Ćee nw. Fve mesJee Deehete|lekeĆ¢leeDeeW keĆ¢es mesJee #es$e DeeyebefÅ”le keĆ¢j efoS ieS nQ.
ā¢ SmeSueyeermeer Ćeje DeehekesĆ¢ yeQkeĆ¢ keĆ¢es DeeyebefÅ”le 2864 ieebJe ceW mes Å”ermeerSme keĆ¢es 1979 ieebJe Deewj SĆemeerSue keĆ¢es 85 ieebJe DeeyebefÅ”le efkeĆ¢S ieS nQ.
heĆewĆ eesefiekeĆ¢er SJeb [sÅ”e megj#ee
ā¢ SHeĆ¢DeeF& [sÅ”e SJeb mebJĆeJenejeW keĆ¢es SHeĆ¢DeeF& meJe&j / mesJee Deehete|lekeĆ¢lee&DeeW kesĆ¢ iesÅ”-Jes kesĆ¢ ceeOĆece mes DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ meeryeerSme (keĆ¢esj yeQeEkeĆ¢ie meesuĆetMeve) ceW SkeĆ¢erke=Ć¢le efkeĆ¢Ćee peelee nw. SHeĆ¢DeeF& meJe&j DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ [sÅ”e meWÅ”j ceW jKee ieĆee nw, efpeme lekeĆ¢ Jesv[j keĆ¢es kesĆ¢Jeue jKejKeeJe kesĆ¢ heĆĆeespeve mes ShueerkesĆ¢Meve meeHeĆ¢Å”JesĆej lekeĆ¢ meerefcele hengbĆe ner nesieer. [sÅ”e DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ efveĆeb$eCe kesĆ¢ Debleie&le nesiee. Fme heĆkeĆ¢ej [sÅ”e keĆ¢er megj#ee keĆ¢er heĆee&hle meeJeOeeveer jKeer ieĆeer nw.
ā¢ meeryeerSme ceW KeeleeW keĆ¢es Deheuees[ keĆ¢jves leLee eEuekeĆ¢ MeeKeeDeeW Ćeje kesĆ¢JeeĆemeer melĆeeheve kesĆ¢ yeeo ieĆenkeĆ¢ keĆ¢es mceeÅ”& keĆ¢e[& peejer efkeĆ¢S peeles nQ.
JĆeJemeeĆe heĆefleefveefOe (yeermeer)ā¢ mesJee Deehete|lekeĆ¢lee&DeeW ves jepĆe / DebĆeue mlej hej keĆ¢eheexjsÅ” yeermeer efveĆegĆ²eĆ¢
efkeĆ¢S nQ. efveosMekeĆ¢ ceC[ue Ćeje Devegceesefole yeermeer ĆeĆeve hee@efuemeer keĆ¢e DevegmejCe keĆ¢jles ngS DeehekesĆ¢ yeQkeĆ¢ keĆ¢er eEuekeĆ¢ MeeKeeDeeW kesĆ¢ hejeceMe& mes HeĆ¢eru[ mlej hej JĆeJemeeĆe SpeWCÅ”eW keĆ¢e ĆeĆeve efkeĆ¢Ćee peelee nw.
ā¢ peye yeermeer keĆ¢er efveĆegefĆ²eĆ¢ keĆ¢er peeleer nw, GvnW mesJee Deehete|lekeĆ¢lee& Ćeje lekeĆ¢veerkeĆ¢er heĆefMe#eCe GheueyOe keĆ¢jeĆee peelee nw. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ Deej-mesÅ”er, heĆefMe#eCe kesĆ¢vƵ SJeb yeĆ[ewoe ieĆeceerCe hejeceMe& kesĆ¢vƵ (yeerpeerheerkesĆ¢) yeQeEkeĆ¢ie Glheeo leLee ieĆenkeĆ¢ mesJee mebyebOeer heĆefMe#eCe GheueyOe keĆ¢je jns nQ. yeermeer keĆ¢es Yeer ceevĆelee heĆehle heĆefMe#eCe heĆefleā¦eveeW kesĆ¢ ceeOĆece mes DeeF&DeeF&yeerSHeĆ¢ (YeejleerĆe yeQeEkeĆ¢ie SJeb efJeĆ²eerĆe mebmLeeve, cegbyeF&) kesĆ¢ yeermeer heĆceeCehe$e keĆ¢eĆe&āŗeĆ¢ce ceW Meeefceue nesves kesĆ¢ efueS heĆeslmeeefnle efkeĆ¢Ćee peelee nw. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ meYeer yeerSmeJeerSme kesĆ¢vƵeW keĆ¢es DeeF&DeeF&yeerSHeĆ¢ Ćeje Fme heĆĆeespeve mes ceevĆelee oer ieĆeer nw.
efJeĆ²eerĆe meceeJesMeve kesĆ¢ yeejs ceW DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ mÅ”eHeĆ¢ keĆ¢e heĆefMe#eCe ā¢ efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ heĆefMe#eCe kesĆ¢vƵeW kesĆ¢ ceeOĆece
mes efJeĆ²eerĆe meceeJesMeve mes mecyeƦ ueieYeie 1,079 MeeKee heĆyebOekeĆ¢eW keĆ¢es heĆefMe#eCe efoĆee ieĆee. DeehekesĆ¢ yeQkeĆ¢ ves Deheves DeefOekeĆ¢eefjĆeeW kesĆ¢ efueS efJeĆ²eerĆe meceeJesMeve hej efJeMes<e heĆefMe#eCe keĆ¢eĆe&āŗeĆ¢ce lewĆeej keĆ¢jves SJeb DeeĆeesefpele keĆ¢jves nsleg jeĀ°^erĆe ieĆeceerCe efJekeĆ¢eme mebmLeeve (SveDeeF&Deej[er) nwojeyeeo kesĆ¢ meeLe Å”eF-Dehe JĆeJemLee keĆ¢er nw.
ā¢ DeehekesĆ¢ yeQkeĆ¢ ves mÅ”eHeĆ¢ keĆ¢es efMeef#e le keĆ¢jves nsleg Deheves FvÅ”^evesÅ” hej SHeĆ¢DeeF& F&-uee\veie cee[dĆetue Yeer heĆejbYe efkeĆ¢Ćes nQ.
efJeĆ²eerĆe meceeJesMeve kesĆ¢ Debleie&le Devegheeueve keĆ¢e cee@veerÅ”eEjie
ā¢ DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ heeme efJeĆ²eerĆe meceeJesMeve kesĆ¢ Devegheeueve SJeb cee@veerÅ”eEjie kesĆ¢ efueS SkeĆ¢ megmheĀ° mebjĆevee nw.
ā¢ yeermeer kesĆ¢ heĆYeeJeer heĆe&Jes#eCe keĆ¢er ĆeqĀ° mes heĆlĆeskeĆ¢ 10-15 yeermeer SpesCÅ”eW
HewĆ¢keĆ¤Å”jer Keesueer nw. ceeFāŗeĆ¢es HeĆ¢eF&vesvme ueesve HewĆ¢keĆ¤Å”jer kesĆ¢ heeme ceesyeeFue Jewve nw efpemeceW mJeĆeb meneĆelee mecetn efJeĆ²ehees<eCe mebyebOeer mecemle mÅ”sMevejer, omleeJespe SJeb DevĆe megefJeOeeSb GheueyOe nQ. FmeceW Ssmes DeefOekeĆ¢ejer nesles nQ, pees mJeĆeb meneĆelee mecetneW keĆ¢es ĆeLeemLeeve leLee GvekesĆ¢ heeme peekeĆ¢j GvnW 25,000 Ā®. lekeĆ¢ kesĆ¢ $e+Ce mJeerke=Ć¢le SJeb efJeleefjle keĆ¢jves kesĆ¢ efueS DeefOeke=Ć¢le nQ.
yeQkeĆ¢ Ćeje ĆeeĆeesefpele #es$eerĆe ieĆeceerCe yeQkeĆ¢eW keĆ¢e keĆ¢eĆe&efve<heeove
yeQkeĆ¢ ves efvecveefueefKele 5 #es$eerĆe ieĆeceerCe yeQkeĆ¢ heĆeĆeesefpele efkeĆ¢S nbw:
ā¢ yeĆ[ewoe GĆ²ej heĆosMe ieĆeceerCe yeQkeĆ¢, heĆOeeve keĆ¢eĆee&ueĆe, jeĆeyejsueer
ā¢ yeĆ[ewoe jepemLeeve ieĆeceerCe yeQkeĆ¢, heĆOeeve keĆ¢eĆee&ueĆe, Depecesj
ā¢ yeĆ[ewoe iegpejele ieĆeceerCe yeQkeĆ¢, heĆOeeve keĆ¢eĆee&ueĆe, YeĀ®Će
ā¢ vewveerleeue Deuecees[e #es$eerĆe ieĆeceerCe yeQkeĆ¢, heĆOeeve keĆ¢eĆee&ueĆe, nuĆeveer
ā¢ PeeyegDee-Oeej #es$eerĆe ieĆeceerCe yeQkeĆ¢, heĆOeeve keĆ¢eĆee&ueĆe, PeeyegDee.
Fve heebĆeeW #es$eerĆe ieĆeceerCe yeQkeĆ¢eW keĆ¢e kegĆ¢ue JĆeJemeeĆe 15.37% keĆ¢er Je=efƦ kesĆ¢ meeLe ceeĆe& 2011 kesĆ¢ Deble kesĆ¢ 18,803 keĆ¢jesĆ[ Ā®. mes yeĆ{ keĆ¢j ceeĆe& 2012 kesĆ¢ Deble ceW 21,693 keĆ¢jesĆ[ Ā®. nes ieĆee.
Fve heebĆeeW #es$eerĆe ieĆeceerCe yeQkeĆ¢eW ves Je<e& 2012 kesĆ¢ oewjeve 120 keĆ¢jesĆ[ Ā®. keĆ¢e MegƦ ueeYe Dee|pele efkeĆ¢Ćee peyeefkeĆ¢ Je<e& 2011 kesĆ¢ oewjeve 117 keĆ¢jesĆ[ Ā®. keĆ¢e MegƦ ueeYe Dee|pele efkeĆ¢Ćee Lee.
Fve heebĆeeW #es$eerĆe ieĆeceerCe yeQkeĆ¢eW keĆ¢er meceieĆ MegƦ ceeefueĆele ceeĆe& 2011 kesĆ¢ Deble ceW 730 keĆ¢jesĆ[ Ā®. mes yeĆ{ keĆ¢j ceeĆe& 2012 kesĆ¢ Deble ceW 883 keĆ¢jesĆ[ Ā®. nes ieĆeer Deewj Deejef#ele efveefOeĆeeb leLee DeefOeMes<e ceeĆe& 2011 kesĆ¢ Deble kesĆ¢ 453 keĆ¢jesĆ[ Ā®. mes yeĆ{ keĆ¢j ceeĆe& 2012 kesĆ¢ Deble ceW 566 keĆ¢jesĆ[ Ā®. nes ieS.
efJelleerĆe meceeJesMeve kesĆ¢ efueS yeQkeĆ¢ kesĆ¢ ĆeĆeemeue#Ćeiele ieebJe SJeb DeheveeS ieS cee@[ue
ā¢ peveJejer 2010 ceW YeejleerĆe efj]peJe& yeQkeĆ¢ mes heĆehle cetue he$e kesĆ¢ Devegmeej DeehekesĆ¢ yeQkeĆ¢ ves Je<e& 2010-11 mes 2013-14 lekeĆ¢ keĆ¢er leerve Je<eeX keĆ¢er DeJeefOe nsleg efJeĆ²eerĆe meceeJesMeve kesĆ¢ Debleie&le 20,000 ieebJe keĆ¢es keĆ¢Jej keĆ¢jves keĆ¢er efJeĆ²eerĆe meceeJesMeve (SHeĆ¢ DeeF&) Ćeespevee lewĆeej keĆ¢er.
ā¢ neueebefkeĆ¢, efJeĆ²e ceb$eer ves efJeĆ²eerĆe Je<e& 11 kesĆ¢ mebIe kesĆ¢ yepeÅ” kesĆ¢ Deheves JeĆ²eĆ¢JĆe ceW 2,000 mes DeefOekeĆ¢ peve-mebKĆee Jeeues ieebJeeW keĆ¢es 2012 lekeĆ¢ efJeĆ²eerĆe meceeJesMeve kesĆ¢ Debleie&le keĆ¢Jej keĆ¢jves hej peesj efoĆee.
ā¢ leovegmeej, ceeĆe& 2012 lekeĆ¢ cetueYetle yeQeEkeĆ¢ie megefJeOeeDeeW kesĆ¢ heĆeJeOeeveeW kesĆ¢ efueS SmeSueyeermeer kesĆ¢ ceeOĆece mes DeehekesĆ¢ yeQkeĆ¢ keĆ¢es 2864 ieebJe DeeyebefÅ”le efkeĆ¢S ieS.
ā¢ GhejesĆ²eĆ¢ ceW mes efJeĆ²eerĆe Je<e& 11 ceW 12,000 ieebJeeW keĆ¢es Deewj Mes<e keĆ¢es efJeĆ²eerĆe Je<e& 2012 ceW keĆ¢Jej keĆ¢jves keĆ¢e ue#Će efveOee&efjle efkeĆ¢Ćee ieĆee Lee.
ā¢ DeehekesĆ¢ yeQkeĆ¢ ves DeeyebefÅ”le ieebJeeW keĆ¢es keĆ¢Jej keĆ¢jves kesĆ¢ efueS DeeF&meerÅ”er DeeOeeefjle JĆeJemeeĆe heĆefleefveefOe (yeermeer) cee@[ue SJeb ceesyeeFue yeQeEkeĆ¢ie Jewve cee@[ue DeheveeS nQ. peneb keĆ¢neR JĆeJeneĆe& nes, veĆeer MeeKeeSb Yeer Keesueer pee jner nQ.
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kesĆ¢ mecetneW kesĆ¢ efueS yeermeer heĆe&Jes#ekeĆ¢eW kesĆ¢ Ā®he ceW mesJeeefveJe=Ć²e yeQkeĆ¢ DeefOekeĆ¢eefjĆeeW keĆ¢es efveĆegĆ²eĆ¢ efkeĆ¢Ćee ieĆee nw.
ā¢ DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢, keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ SJeb keĆ¢eheexjsÅ” keĆ¢eĆee&ueĆe kesĆ¢ ceneheĆyebOekeĆ¢ efJeefJeOe jepĆeeW ceW ieebJe kesĆ¢ oewjs keĆ¢j jns nQ.
ā¢ meeLe ner, meYeer #es$eerĆe heĆcegKe SJeb DebĆeue heĆcegKe Yeer Deheves-Deheves #es$e/DebĆeue kesĆ¢ ieebJe keĆ¢e oewje keĆ¢jles nQ SJeb efveĆeefcele Ā®he mes ieefleefJeefOeĆeeW keĆ¢e ceeveerÅ”eEjie keĆ¢jles nQ.
ā¢ DeehekesĆ¢ yeQkeĆ¢ keĆ¢e efveosMekeĆ¢ ceC[ue Yeer efJeĆ²e ceb$eeueĆe, Yeejle mejkeĆ¢ej Ćeje metefĆele efkeĆ¢S ieS efJeefJeOe HewjeceerÅ”j hej heĆefle ceen DeehekesĆ¢ yeQkeĆ¢ ceW efJeĆ²eerĆe meceeJesMeve kesĆ¢ Devegheeueve keĆ¢er meceer#ee keĆ¢jlee nw.
heĆĆeej ā¢ efJeĆ²eerĆe meceeJesMeve kesĆ¢ efJeefYeVe ĆejCeeW ceW DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ DebĆeueeW/#es$eeW/
MeeKeeDeeW Ćeje efJeMes<e Ā®he mes lewĆeej keĆ¢jJeeĆes ieĆes yewvejeW/heesmÅ”jeW/heĆeeX keĆ¢e GheĆeesie efkeĆ¢Ćee pee jne nw.
ā¢ heĆex/heesmÅ”j #es$eerĆe Yee<eeDeeW ceW lewĆeej keĆ¢jJeeS ieS nQ SJeb ieebJe ceW yeebÅ”s ieĆes nQ.
ā¢ heĆĆeej meeceieĆer kesĆ¢ GheĆeesie ves ueesieeW keĆ¢es SHeĆ¢DeeF& keĆ¢er DeJeOeejCee keĆ¢er DeĆ eleve peevekeĆ¢ejer GheueyOe keĆ¢jeves ceW meneĆelee keĆ¢er nw leLee Jes SHeĆ¢DeeF& veeceebkeĆ¢ve keĆ¢er leejerKe, mLeeve Deeefo kesĆ¢ yeejs ceW Yeer peevekeĆ¢ejer jKeles nQ.
ā¢ DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ mJeeefYeceeve āueesieesā keĆ¢e ieebJe kesĆ¢ meeFveyees[&, yeermeer kesĆ¢ henĆeevehe$e, Å”er MeÅ”&, kewĆ¢he ceW GheĆeesie efkeĆ¢Ćee pee jne nw.
efJeĆ²eerĆe mee#ejlee mebyebOeer heĆĆeeme ā¢ DeehekesĆ¢ yeQkeĆ¢ ves Deheves 45 DeieĆCeer efpeuees ceW 39 efJeĆ²eerĆe mee#ejlee SJeb
hejeceMe& kesĆ¢vƵ (SHeĆ¢Suemeermeer) Keesues nQ.
ā¢ DeehekesĆ¢ yeQkeĆ¢ ves 46 Deej-mesÅ”er (yeĆ[ewoe mJejespeieej efJekeĆ¢eme mebmLeeve) Yeer mLeeefhele efkeĆ¢S nQ, efpeveceW mes 42 DeieĆCeer efpeuees ceW nQ, pees efJeĆ²eerĆe mee#ejlee kesĆ¢ heĆĆeemeeW keĆ¢es megefJeOeepevekeĆ¢ yeveeSbies.
ā¢ DeehekesĆ¢ yeQkeĆ¢ Ćeje meYeer efJeefvee|oĀ° ieebJe ceW yeQeEkeĆ¢ie GlheeoeW SJeb mesJeeDeeW kesĆ¢ yeejs ceW peeieĀ®keĆ¢lee ueeves nsleg ieĆecĆe mlej keĆ¢er yew"keWĆ¢ DeeĆeesefpele keĆ¢er ieĆeer nQ.
ā¢ veece ope& keĆ¢jles meceĆe ieebJe ceW efMeefJejeW keĆ¢e DeeĆeespeve Yeer efkeĆ¢Ćee ieĆee.
ceesyeeFue yeQeEkeĆ¢ie Jewve ā¢ efJeĆ²eerĆe meceeJesMeve keĆ¢er ieefle keĆ¢es yeĆ{eves nsleg DeehekesĆ¢ yeQkeĆ¢ ves ceesyeeFue
yeQeEkeĆ¢ie Jewve keĆ¢e heĆejbYe efkeĆ¢Ćee nw.
ā¢ Fve Jewve ceW meer[erSceS heĆewĆ eesefiekeĆ¢er kesĆ¢ ceeOĆece mes meeryeerSme kesĆ¢ meeLe keĆ¢veskeĆ¤Å”erJeerÅ”er nesieer Deewj Ćes efveOee&efjle leejerKe SJeb meceĆe hej ieebJe keĆ¢e oewje keĆ¢jWies. Ćes mesJeeSb DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ Deheves mÅ”eHeĆ¢ meomĆeeW kesĆ¢ ceeOĆece mes GheueyOe keĆ¢jeF& pee jner nw.
ā¢ Ssmes heebĆe Jewve keĆ¢es mebĆeeefuele efkeĆ¢Ćee ieĆee nw Deewj Ćes ueieYeie 4 ieebJe keĆ¢es keĆ¢Jej keĆ¢jWies. (iegpejele ceW 1, GĆ²ej heĆosMe ceW 2, efyenej ceW 1, SJeb ieesJee ceW 1).
keĆ¢eĆe&efve<heeove ā¢ DeehekesĆ¢ yeQkeĆ¢ ves efJeĆ²eerĆe meceeJesMeve kesĆ¢ Debleie&le DeeyebefÅ”le efkeĆ¢S ieS 100
heĆefleMele ieebJeeW keĆ¢es keĆ¢Jej keĆ¢jves keĆ¢e keĆ¢eĆe& Debeflece leejerKe ceeĆe& 2012 kesĆ¢ Deble lekeĆ¢ ā mes keĆ¢eHeĆ¢er meceĆe hetJe& hetje keĆ¢j efueĆee. Fve ieebJeeW ceW 7.10 ueeKe kesĆ¢ ue#Će keĆ¢er leguevee ceW 7.61 ueeKe efJeĆ²eerĆe meceeJesMeve Keeles Keesues ieS nw.
ueIeg yeQeEkeĆ¢ie mesJee MeeKee (ĆetSmeyeer)
heĆewĆ eesefiekeĆ¢er DeeOeeefjle yeermeer cee@[ue SkeĆ¢ veĆeer DeJeOeejCee nw SJeb Fme cee@[ue kesĆ¢ ceeOĆece mes efJeĆ²eerĆe meceeJesMeve kesĆ¢ Devegheeueve ceW DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ mece#e efJeefYeVe cegodos meeceves DeeS. efJeĆ²e ceb$eeueĆe, Yeejle mejkeĆ¢ej leLee YeejleerĆe efj]peJe& yeQkeĆ¢ efJeĆ²eerĆe meceeJesMeve keĆ¢es Deesj DeefOekeĆ¢ heĆYeeJeer yeveeves kesĆ¢ efueS meceĆe-meceĆe hej efJeefYeVe efoMee efveoxMe peejer keĆ¢j jns Les. efJeĆ²e ceb$eeueĆe Ćeje efJeĆ²eerĆe meceeJesMeve hej DeĆ²etĆ¢yej 2011 ceW peejer keĆ¢er ieF& keĆ¢eĆe&-Ćeespevee SJeb efoMeeefveoxMeeW ceW Ssmee SkeĆ¢ megPeeJe efoĆee ieĆee Lee efkeĆ¢ yeQeEkeĆ¢ie megefJeOeeDeeW mes JebefĆele efpeueeW ceW yeĆ[er peieneW ceW efyeĆkeĆ¢ Sb[ ceesÅ”e&j MeeKeeSb Keesueer peeSb. ĆeĆ eefhe Ssmes ieebJe ceW efyeĆkeĆ¢ Sb[ ceesÅ”e&j MeeKeeSb Keesueves keĆ¢er JĆeJeneĆe&lee keĆ¢es OĆeeve ceW jKeles ngS GvneWves efJeĆ²eerĆe meceeJesMeve kesĆ¢ efueS DeeyebefÅ”le efkeĆ¢S ieS meYeer ieebJe ceW ĆesÅ”s mÅ”^keƤĆej Jeeueer ueIeg yeQeEkeĆ¢ie mesJee MeeKeeSb Keesueves kesĆ¢ efJe<eĆe ceW efoMeeefveoxMe peejer efkeĆ¢S.
yeQkeĆ¢ Ćeje DeheveeĆee ieĆee ĆetSmeyeer cee@[ue ā¢ ieebJe ceW SkeĆ¢ yeermeer keĆ¢er efveĆegefĆ²eĆ¢ keĆ¢er peeleer nw, efpemekesĆ¢ heeme ĆetSmeyeer kesĆ¢
ceeOĆece mes ieebJe ceW yeQeEkeĆ¢ie mesJeeSb GheueyOe keĆ¢jeves nsleg heerDeesSme ceMeerve/neLe ceW jKee peeves Jeeuee Å”e|ceveue neslee nw.
met#ce ueIeg MeeKee - efJelleerĆe meceeJesMeve Henue
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ā¢ ieebJe ceW ĆetSmeyeer kesĆ¢ efueS peien ĆeLee-mebYeJe ieĆece hebĆeeĆele Ćee meeceevĆe mesJee kesĆ¢vƵ ceW efveOee&efjle keĆ¢er peeleer nw.
ā¢ heĆlĆeskeĆ¢ ĆetSmeyeer kesĆ¢ Devoj DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ Ćeje ĆetSmeyeer ceW GheueyOe keĆ¢jeĆeer peeves Jeeueer mesJeeDeeW keĆ¢es oMee&ves Jeeuee yees[& heĆoe|Mele efkeĆ¢Ćee peelee nw. Jeneb SkeĆ¢ Ssmee yees[& Yeer neslee nw, efpeme hej ieĆecĆepeveeW keĆ¢er megefJeOee nsleg yeermeer keĆ¢e yĆeewje, GmekeĆ¢e HeĆ¢esve vecyej, veece/eEuekeĆ¢ MeeKee keĆ¢e mecheke&Ć¢ vecyej, DeefOekeĆ¢ejer kesĆ¢ oewjs kesĆ¢ efueS efveOee&efjle leejerKe SJeb meceĆe Deeefo yĆeewje heĆoe|Mele efkeĆ¢Ćee peelee nw.
ā¢ JĆeJemeeĆe heĆefleefveefOe SkeĆ¢ meercee lekeĆ¢ vekeĆ¢o jeefMe pecee keĆ¢jves, Yegieleeve, Oeve heĆs<eCe, Mes<e jeefMe keĆ¢er hetĆleeĆ, ĆesÅ”e efJeJejCe Deeefo GheueyOe keĆ¢jelee nw.
ā¢ efJeĆ²e ceb$eeueĆe Ćeje oMee&Ćes ieĆes Devegmeej ieebJe ceW efJeĆ²eerĆe meceeJesMeve mebyebOeer ieefleefJeefOeĆeeW kesĆ¢ mebyebOe ceW eEuekeĆ¢ MeeKee mes SkeĆ¢ DeefOekeĆ¢ejer mehleen ceW SkeĆ¢ yeej, hetJe&-efveOee&efjle efove SJeb meceĆe hej ĆetSmeyeer keĆ¢e oewje keĆ¢jlee nw.
ā¢ ueIeg yeQeEkeĆ¢ie mesJee kesĆ¢vƵ ceW vĆetvelece HeĆ¢veeaĆej, pewmes efkeĆ¢ SkeĆ¢ Å”syeue, leerve-Ćeej kegĆ¢e|meĆeeb Deeefo GheueyOe keĆ¢jeF& peeleer nbw.
ĆetSmeyeer keĆ¢er heĆYeeJeeslheeokeĆ¢lee mebyebOeer GheeĆe
ā¢ ieĆecĆepeveeW ceW peeieĀ¤keĆ¢lee ueeves nsleg ieĆece hebĆeeĆele leLee kegĆ¢Ć ceeceueeW ceW yuee@keĆ¢ efJekeĆ¢eme DeefOekeĆ¢ejer keĆ¢er meneĆelee mes ieĆecĆe mlej kesĆ¢ heĆĆeej DeefYeĆeeve ĆeueeS ieS.
ā¢ ieebJe ceW heĆcegKe mLeeve hej yeermeer leLee eEuekeĆ¢ MeeKee keĆ¢e yĆeewje SJeb keĆ¢ecekeĆ¢epe kesĆ¢ IebÅ”eW kesĆ¢ yĆeewjs kesĆ¢ meeLe mJeeefYeceeve āueesieesā meefnle kesĆ¢ meeFve yees[& heĆoe|Mele efkeĆ¢Ćes peeles nQ.
ā¢ yeermeer keĆ¢es ieebJe keĆ¢er peve mebKĆee, ieebJe ceW cekeĆ¢eve OeejkeĆ¢eW keĆ¢er mebKĆee, mecyeƦ ieebJe ceW peejer efkeĆ¢S ieS kesĆ¢meermeer/peermeermeer keĆ¢er mebKĆee meefnle ieebJe keĆ¢e mebef#ehle yĆeewje efoĆee peelee nw, efpememes efkeĆ¢ Jes ieebJe keĆ¢er DeeJeMĆekeĆ¢leeDeeW kesĆ¢ DevegĀ®he yesnlej {bie mes keĆ¢eĆe& keĆ¢j mekesĆ¢.
ā¢ meYeer ĆetSmeyeer ceW mebyebefOele eEuekeĆ¢ MeeKee kesĆ¢ DeefOekeĆ¢eefjĆeeW keĆ¢e oewje efkeĆ¢Ćee peevee efveOee&efjle efkeĆ¢Ćee ieĆee nw. nceves #es$eerĆe keĆ¢eĆee&ueĆeeW leLee keĆ¢eheexjsÅ” keĆ¢eĆee&ueĆe Ćeje efkeĆ¢S peevesJeeues Ssmes oewjeW keĆ¢er ceeveerÅ”eEjie nsleg SkeĆ¢ mecegefĆele efjheese\Å”ie efmemÅ”ce yeveeĆee nw.
ā¢ meYeer ieebJe ceW meYeer yeermeer keĆ¢es SkeĆ¢ meceeve Å”er-MeÅ”&, kewĆ¢he SJeb henĆeeve-he$e heĆoeve efkeĆ¢S ieS nQ.
ā¢ ĆetSmeyeer ceW heĆoe|Mele keĆ¢jves nsleg Jeneb GheueyOe mesJeeDeeW kesĆ¢ efJe<eĆe ceW Yeer SkeĆ¢ meceeve heesmÅ”j meYeer DebĆeueeW SJeb #es$eeW ceW mLeeveerĆe Yee<eeDeeW ceW GheueyOe keĆ¢jeĆes ieĆes nQ.
ā¢ keĆ¢efceĆeeW keĆ¢es otj keĆ¢jves SJeb DeefOekeĆ¢ejer mebJeie& kesĆ¢ peve-yeue keĆ¢er DeeJeMĆekeĆ¢leeDeeW keĆ¢es hetje keĆ¢jves nsleg nce efJeĆ²e ceb$eeueĆe kesĆ¢ megPeeJe kesĆ¢ Devegmeej DevĆe mebJeie& kesĆ¢ mÅ”eHeĆ¢ meomĆeeW keĆ¢es Yeer Gleves ner Glmeen mes DeefOekeĆ¢eefjĆeeW kesĆ¢ keĆ¢eĆe&oeefĆelJeeW keĆ¢e efveJee&n keĆ¢jves nsleg, GvekesĆ¢ efueS #ecelee-efvecee&Ce keĆ¢eĆe&āŗeĆ¢ce MegĀ® keĆ¢jves pee jns nQ. FmeceW ĆeLee mebYeJe mLeeveerĆe mÅ”eHeĆ¢ meomĆeeW keĆ¢es heĆeLeefcekeĆ¢lee oer peeSieer, leeefkeĆ¢ Jes mLeeveerĆe
Yee<ee mes heefjefĆele nes Deewj Jes ieĆecĆepeveeW mes mecegefĆele Ā®he mes peg[ mekeWĆ¢. Fmemes DeehekesĆ¢ yeQkeĆ¢, Yeejle mejkeĆ¢ej kesĆ¢ efJeĆ²eerĆe meceeJesMeve kesĆ¢ veJeesvces<eer heĆĆeemeeW kesĆ¢ efJe<eĆe ceW ieĆecĆepeveeW ceW efJeĆeeme keĆ¢er YeeJevee hevehesieer. Ssmes #ecelee-efvecee&Ce keĆ¢eĆe&āŗeĆ¢ce kesĆ¢ heeĆeueÅ” heĆespeskeĆ¤Å” keĆ¢e heĆejbYe iegpejele ceW efkeĆ¢Ćee peeSiee SJeb Fme heeĆeueÅ” heĆespeskeĆ¤Å” keĆ¢er meHeĆ¢uelee kesĆ¢ yeeo DevĆe jepĆeeW ceW Yeer Fmes ueeiet efkeĆ¢Ćee peeSiee.
efJelleerĆe Je<e& 2012 kesĆ¢ oewjeve DevegmetefĆele peeefle / DevegmetefĆele pevepeeefle mecegoeĆeeW keĆ¢es DeefieĆce
yeQkeĆ¢ Ćeje DevegmetefĆele peeefle / DevegmetefĆele pevepeeefle kesĆ¢ ueesieeW keĆ¢es efoĆes peeves Jeeues DeefieĆceeW ceW Je<e&-oj-Je<e& Je=efƦ nes jner nw. Ćen yeele Fme leLĆe mes mhe<Å” nw efkeĆ¢ Fve mecegoeĆeeW kesĆ¢ ueeYeeefLe&ĆeeW keĆ¢es cebpetj efkeĆ¢Ćes ieĆes DeefieĆceeW keĆ¢er jeefMe ceeĆe&, 2011 kesĆ¢ Deble lekeĆ¢ kesĆ¢ 3,760 keĆ¢jesĆ[ Ā®heĆes mes yeĆ{keĆ¢j ceeĆe&, 2012 kesĆ¢ Deble ceW 4,336.02 keĆ¢jesĆ[ Ā®heĆes nes ieF&. Jemlegle: meceer#eeOeerve Je<e& kesĆ¢ oewjeve keĆ¢cepeesj Jeie& kesĆ¢ ueesieeW keĆ¢es cebpetj efkeĆ¢Ćes ieĆes kegĆ¢ue DeefieĆceeW ceW DevegmetefĆele peeefle / DevegmetefĆele pevepeeefle keĆ¢es efoĆes ieĆes DeefieĆceeW keĆ¢e DebMe 27% nw. FmekesĆ¢ DeefleefjkeƤle, yeQkeĆ¢ ves efJeefYevve mejkeĆ¢ejer ĆeeĆeesefpele ĆeespeveeDeesb ĆeLee mJeCe&peĆevleer ieĆece mJejespeieej Ćeespevee (SmepeerSmeJeeF&) mJeCe& peĆevleer Menjer jespeieej Ćeespevee (SmepesSmeDeejJeeF&), ĆeOeeveceb$eer jespeieej me=peve keĆ¢eĆe&āŗeĆ¢ce (heerSceF&peerheer) FlĆeeefo kesĆ¢ lenle DevegmetefĆele peeefle / DevegmetefĆele pevepeeefle kesĆ¢ ueesieeW kesĆ¢ efJelle hees<eCe hej efJeMes<e OĆeeve efoĆee nw.
Ćen GuuesKeveerĆe nw yeĆ[ewoe mJejespeieej efJekeĆ¢eme mebmLeeve ĆeefMe#eeefLe&ĆeeW keĆ¢e ĆeĆeve keĆ¢jles meceĆe DevegmetefĆele peeefle / DevegmetefĆele pevepeeefle mes pegĆ[s ueesieeW keĆ¢es JejerĆelee os jns nQ. DeYeer lekeĆ¢ Fve kesĆ¢vƵesb ves DevegmetefĆele peeefle / DevegmetefĆele pevepeeefle ĆesCeer kesĆ¢ 55,761 ĆegJeeDeesb keĆ¢es ĆeefMeef#ele efkeĆ¢Ćee nw.
DeblejjeĀ°^erĆe JĆeJemeeĆe
ogefveĆee Yej ceW DeveskeĆ¢ osMeeW Ćeje lelHej keĆ¢ej&JeeF& efkeĆ¢S peeves kesĆ¢ yeeJepeto JeweqĆekeĆ¢ DeLe&JĆeJemLee 2008 kesĆ¢ DeeefLe&keĆ¢ mebkeĆ¢Å” mes Hetjer lejn Gyej veneR HeeF& nw. Fme ĆegveewleerHetCe& HeefjĆMĆe ceW DeeHekesĆ¢ yewbkeĆ¢ kesĆ¢ Debleje&ā^erĆe HeefjĆeeueve ves efJelleerĆe Je<e& 2012 kesĆ¢ oewjeve Meeveoej HeefjCeece neefmeue efkeĆ¢S leLee JeweqĆekeĆ¢ mebkeĆ¢Å”eW keĆ¢es meHeĆ¢ueleeHetJe&keĆ¢ meecevee keĆ¢jves keĆ¢er yeQkeĆ¢ keĆ¢er #ecelee keĆ¢es Gpeeiej efkeĆ¢Ćee.
efveOee&efjle ue#ĆeeW keĆ¢er ĆøeeefHle nsleg DeeefLe&keĆ¢ SJeb yeQeEkeĆ¢ie HeefjJesMe keĆ¢es efvejblej mecePevee SJeb Gmemes meerKe uesles ngS JĆeeJemeeefĆekeĆ¢ ĆeqākeĆ¢esCe SJeb keĆ¢ej&JeeF& ceW peĀ¤jer HeefjJele&ve ueevee DeeJeMĆekeĆ¢ nw. DeeHekesĆ¢ yeQkeĆ¢ ves JeweqĆekeĆ¢ nueĆeueeW kesĆ¢ keĆ¢ejCe DeHeves HeefjĆeeueve osMeeW kesĆ¢ DeeefLe&keĆ¢ / efJelleerĆe #es$e ceW GYejves Jeeueer ĆøeJe=eflleĆeeW Hej efvejblej OĆeeve yeveeS jKee.
DeeHekeĆ¢e yeQkeĆ¢ efJeosMeer MeeKeeDeeW kesĆ¢ yeĆ[s vesÅ”Jeke&Ć¢ leLee Je<eeX kesĆ¢ oewjeve yeves Ā«eenkeĆ¢ DeeOeej kesĆ¢ keĆ¢ejCe yesnlej efmLeefle ceW nw. DeeHekesĆ¢ yeQkeĆ¢ ves JĆeJemeeĆe kesĆ¢ SkeĆ¢ yeĆ[s efnmmes keĆ¢es ĆøeeHle keĆ¢jves kesĆ¢ efueS efJeosMeer kesĆ¢vƵeW Hej efJeefYeVe ĆøeewĆ eesefiekeĆ¢er SJeb DevĆe HenueW keĆ¢er nQ.
efJelleerĆe Je<e& 2012 kesĆ¢ oewjeve Meeveoej keĆ¢eĆe&efve<Heeove yeQkeĆ¢ Ćeje DeHeveer #eceleeDeeW keĆ¢es efJemle=le SJeb yesnlej keĆ¢jves kesĆ¢ mebyebOe ceW efkeĆ¢S ieS efvejblej ĆøeĆeemeeW leLee FmekesĆ¢ efnleOeejkeĆ¢eW mes ĆøeeHle eqvejblej meceLe&ve kesĆ¢ keĆ¢ejCe mebYeJe nes mekeĆ¢e.
DeeHekesĆ¢ yeQkeĆ¢ kesĆ¢ Debleje&ā^erĆe HeefjĆeeueve ves JeweqĆekeĆ¢ mlej Hej efvejblej DelĆeefOekeĆ¢
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ĆøeeflemHeƦer& yeves jnves kesĆ¢ efueS yeoueles HeefjJesMe kesĆ¢ meeLe leeuecesue yeveeS jKee nw SJeb ueeYeĆøeolee kesĆ¢ meeLe GĆĆelej Je=eqƦ keĆ¢e ue#Će meeceves jKee nw.
JĆeeJemeeefĆekeĆ¢ DeJemejeW keĆ¢e ueeYe G"eves kesĆ¢ efueS MeeKee efJemleej Ćeespevee keĆ¢es peejer jKee ieĆee. efJelleerĆe Je<e& 2012 kesĆ¢ oewjeve 5 veF& MeeKeeSb / keĆ¢eĆee&ueĆe Keesues ieS efpemeceW Deveg<ebefieĆeeW keĆ¢er 4 MeeKeeSb Meeefceue nQ. DeeHekesĆ¢ yeQkeĆ¢ ves GYejves Jeeues veS kesĆ¢vƵeW Hej ceewpeto DeJemejeW keĆ¢e ueeYe G"eves leLee HeefjĆeeueve osMe ceW DeHevee yeepeej efnmmee yeĆ{eves kesĆ¢ efueS Gve osMeeW ceW DeHeves vesÅ”Jeke&Ć¢ keĆ¢es efJemleeefjle keĆ¢jves Hej OĆeeve kesĆ¢eqvƵle efkeĆ¢Ćee, peneb Jen Henues mes ceewpeto nw.
JĆeJemeeĆe leLee ueeYe keĆ¢eĆe&-efve<heeove
efJelleerĆe Je<e& 2012 kesĆ¢ oewjeve yeQkeĆ¢ keĆ¢er efJeosMeer MeeKeeDeesb ves kegĆ¢ue JĆeJemeeĆe (peceejeefMeĆeeb+DeefieĆce) ceW 44.64% keĆ¢er Je=efƦ ope& keĆ¢er. ieĆenkeĆ¢ peceejeefMeĆeeW ceW 40.41% keĆ¢er yeĆ{eslejer ngF&. kegĆ¢ue peceejeefMeĆeeW ceW 45.23% leLee DeefieĆceeW ceW 43.92% keĆ¢er Je=efƦ ngF&. ceeĆe& 2011 keĆ¢er meceeeqHle mes ceeĆe& 2012 keĆ¢er meceeeqHle keĆ¢er DeJeefOe kesĆ¢ oewjeve Ā®HeĆes ceW 14.11% kesĆ¢ cetuĆeĆeme kesĆ¢ keĆ¢ejCe Je=eqƦ oj pĆeeoe cepeyetle efoKeer.
efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve yeQkeĆ¢ kesĆ¢ JewefĆekeĆ¢ keĆ¢ejesyeej ceW DeblejjeĀ°^erĆe heefjĆeeueve keĆ¢e 28.27% keĆ¢e GuuesKeveerĆe Ćeesieoeve jne.
kegĆ¢ue DeeeqmleĆeeb
DeehekesĆ¢ yewkeĆ¢ kesĆ¢ DeblejjeĀ°erĆe heefjĆeeueve keĆ¢er kegĆ¢ue DeeeqmleĆeeb ceeĆe& 2011 keĆ¢es meceehle DeJeefOe keĆ¢er jeefMe Ā¤heĆes 91,273 keĆ¢jesĆ[ mes yeĆ{keĆ¢j ceeĆe& 2012 ceW Ā¤heĆes 1,28,398 keĆ¢jesĆ[ nes ieF& nw. Fme heĆkeĆ¢ej Je<e& kesĆ¢ oewjeve 40.67% Je=efƦ jner.
ueeYe
efJeĆ²eerĆe Je<e& 2012 ceW mekeĆ¢ue ueeYe ceW efheĆues Je<e& keĆ¢er leguevee ceW 48.51% keĆ¢er GuuesKeveerĆe Je=efƦ jner. Je<e& kesĆ¢ oewjeve MegƦ ueeYe ceW Yeer 45.19% keĆ¢er heĆMebmeveerĆe
Je=efƦ jner. DeehekeĆ¢e yeQkeĆ¢ yĆeepe DeeĆe ceW megOeej keĆ¢j mekeĆ¢e leLee DevĆe DeeĆe ceW Yeer DeĆĆer Je=efƦ jner.
DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ JewefĆekeĆ¢ MegƦ ueeYe ceW DeblejjeĀ°^erĆe heefjĆeeueve keĆ¢e Ćeesieoeve 23.35% jne.
Deeeqmle keĆ¢er iegCeJeĆ²ee
Deee|LekeĆ¢ ceboer SJeb DeefveeqĀ§elelee kesĆ¢ Jele&ceeve HeefjĆMĆe ceW DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ efnleeW
keĆ¢er j#ee nsleg yeQkeĆ¢ kesĆ¢ GĆĆe heĆyebOeve Ćeje DeeeqmleĆeeW keĆ¢er keĆ¢"esj efveiejeveer keĆ¢er
pee jner nw. DeehekesĆ¢ yeQkeĆ¢ ves SkeĆ¢ DeefleheĆYeeJeer $e+Ce heĆefāŗeĆ¢Ćee, $e+Ce uesKee hejer#ee
SJeb $e+Ce cee@efveÅ”jeEjie heƦefle heĆĆeefuele keĆ¢er nw .
JewefĆekeĆ¢ DeLe&JĆeJemLee ceW ceboer keĆ¢er heĆJe=efĆ²e kesĆ¢ keĆ¢ejCe / heefjĆeespeveeDeeW ceW
efveĆeb$eCe mes hejs keĆ¢ejCees mes, efpeve $e+CekeĆ¢lee&DeeW kesĆ¢ Keelees ceW lejuelee mecyevOeer
efJemebieefle/keĆ¢ceer DevegYeJe keĆ¢er pee jner Leer, GvekesĆ¢ KeeleeW keĆ¢es YeefJe<Će kesĆ¢ jeskeĆ¢Ć[
heĆJeen SJeb YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMeeefveoxMeeW keĆ¢es OĆeeve ceW jKeles ngS
efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve efj-mÅ”^keƤĆej efkeĆ¢Ćee ieĆee. Fve KeeleeW SJeb efheĆues
Je<e& efj-mÅ”^keƤĆej efkeĆ¢S ieS KeeleeW keĆ¢er efveĆeefcele cee@efveÅ”eEjie keĆ¢er ieF& leeefkeĆ¢
heefjmecheefĆ²eĆeeW keĆ¢er iegCeJeĆ²ee keĆ¢es yeveeS jKee pee mekesĆ¢ Deewj efkeĆ¢meer Yeer eqmuehe
yewkeĆ¢ keĆ¢es Å”euee pee mekesĆ¢.
Je<e& kesĆ¢ oewjeve mekeĆ¢ue DeefieĆce ceeĆe& 11 kesĆ¢ mlej mes 43.73% yeĆ{ ieS DeLee&le
DeehekesĆ¢ yeQkeĆ¢ ves ĆegveeweflehetCe& meceĆe kesĆ¢ oewjeve Yeer GuuesKeveerĆe Je=efƦ keĆ¢er heĆJe=efĆ²e
keĆ¢es yeveeS jKee. mueerhespe DelĆeble keĆ¢ce jne SJeb DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ mekeĆ¢ue Sve.
heer.S ceW kegĆ¢ue DeefieĆceeW kesĆ¢ heĆefleMele ceW ceeĆe& 11 keĆ¢er 0.62% keĆ¢er leguevee ceW ceeĆe&
12 ceW DeuheJe=efƦ 0.68% ner ngF&.
Deblej&e<Å”^erĆe GheefmLeefle
vĆetpeeruewC[ ceW heefjĆeeueve keĆ¢er MegĀ¤Deele kesĆ¢ meeLe yeQkeĆ¢ keĆ¢er efJeosMeer GheefmLeefle
Deye 24 osMeeW ceW 89 MeeKeeDeesb / keĆ¢eĆee&ueĆeeW ceW nes ieF& nw -
yeQkeĆ¢ DeesJejmeerpe MeeKeeSb / keĆ¢eĆee&ueĆe 55
yeQkeĆ¢ kesĆ¢ heĆefleefveefOe keĆ¢eĆee&ueĆe 2
yeQkeĆ¢ keĆ¢er efJeosMeer Deveg<ebefieĆeeW keĆ¢er MeeKeeSb 32
kegĆ¢ue 89
GheĆeg&keĆ¤Ć²e kesĆ¢ DeefleefjĆ²eĆ¢ ]peeeqcyeĆee ceW DeehekesĆ¢ menĆeesieer yeQkeĆ¢ keĆ¢er 14 MeeKeeSb nQ
efJeosMeer efJemleej
efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ ves HeebĆe veF& MeeKeeSb / keĆ¢eĆee&ueĆe
(Deveg<ebefieĆeesb keĆ¢es Meeefceue keĆ¢jles ngS) Keesues nQ. ncejerĆee ĆeĆ¢er peesve, Meejpeen
(ĆetSF&) ceW SkeĆ¢ FueskeĆ¤Å”^e@efvekeĆ¢ yeQeEkeĆ¢ie meefJe&me ĆetefveÅ” (F&yeerSmeĆet) leLee Deveg<ebefieĆeeW
keĆ¢er Ćeej MeeKeeSb DeesJeervees ceekexĆ¢Å” (Ćetieeb[e), keĆ¢ekeĆ¢ecesiee (kesĆ¢vĆee), vĆeeueer
(kesĆ¢vĆee) leLee cee@ve jsHeesme (iegĆeevee) ceW Keesueer ieFĆ.
Ćeer DeĀ®Ce ĆeerJeemleJe, ĆøeyebOe efveosMekeĆ¢, yeQkeĆ¢ Dee]HeĆ¢ ye[ewoe (kesĆ¢vĆee) efue., megĆeer pegves ieOeesveer, efveosMekeĆ¢, cesHeue cewvespeceWÅ” F&mÅ” Fbef[Ćee efue. mes "o ceesmÅ” FHeĆ¢ereEMeSÅ” yeQkeĆ¢ DeJee[&" ĆøeeHle keĆ¢jles ngS
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efJeosMeer JĆeJemeeĆe mebyebOeer YeefJe<Će keĆ¢er Ćeespevee
efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ ves veĆee keĆ¢ejesyeej heĆehle keĆ¢jves Deewj ueeYeheĆolee yeĆ{eves kesĆ¢ DeJemejeW keĆ¢es Yegveeves nsleg Deheves efJeosMeer vesÅ”Jeke&Ć¢ keĆ¢es efJemle=le keĆ¢jves kesĆ¢ DeveskeĆ¢ keĆ¢oce G"eĆes nQ. Ćet.S.F&., Deesceeve, cee@efjMeme, Ćegieeb[e, vĆetpeerueQ[, levepeeveerĆee, yeeslmeJeevee SJeb Ieevee ceW vesÅ”Jeke&Ć¢ kesĆ¢ efJemleej nsleg Deewj DeeJeMĆekeĆ¢ DeeOeejYetle mebjĆevee mLeeefhele keĆ¢er pee jner nw.
DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ DeemÅ”^sefueĆee eqmLele heĆefleefveefOe keĆ¢eĆee&ueĆe keĆ¢es MeeKee kesĆ¢ Ā®he ceW DeheieĆs[ keĆ¢jves keĆ¢er mewƦebeflekeĆ¢ Devegceefle heĆehle nes ieF& nw. Ćet.kesĆ¢. ceW oes veF& DeefleefjĆ²eĆ¢ MeeKeeSb Keesueves nsleg YeejleerĆe efjpeJe& yeQkeĆ¢ kesĆ¢ Devegceesove keĆ¢er heĆleer#ee keĆ¢er pee jner nw. efpeve osMeeW ceW DeehekeĆ¢e yeQkeĆ¢ henues mes ner keĆ¢eĆe&jle nw, veĆes kesĆ¢vƵeW keĆ¢er henĆeeve keĆ¢er pee jner nw SJeb MeeKee vesÅ”Jeke&Ć¢ yeĆ{eves nsleg Yeer veĆes keĆ¢eĆe& #es$eeW keĆ¢er leueeMe peejer nw.
eEme[erkesĆ¢Meve meWÅ”j
DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ uebove SJeb ogyeF& ceW iueesyeue eEme[erkesĆ¢Meve meWÅ”j eqmLele nw, peneb Debleje&ā^erĆe yeepeej kesĆ¢ eEme[erkesĆ¢Meve $e+Ceesb hej OĆeeve kesĆ¢efvƵle efkeĆ¢Ćee peelee nw. eEmeieehegj ceW keĆ¢eĆe&jle Dee@HeĆ¢Meesj yeQeEkeĆ¢ie FkeĆ¢eF& keĆ¢es Deewj DeefOekeĆ¢ meMekeƤle yeveeĆee pee jne nw leeefkeĆ¢ Jen keĆ¢ejesyeej yeĆ{eves ceW DeefOekeĆ¢ meefāŗeĆ¢Će YetefcekeĆ¢e keĆ¢e efveJee&n keĆ¢j mekesĆ¢. yeQkeĆ¢ kesĆ¢ keĆ¢ejheesjsÅ” keĆ¢eĆee&ueĆe, cegcyeF& eqmLele Debleje&Ā°^erĆe ceĆeXÅ” yeQefkeĆ¢ie keĆ¢#e, #es$eerĆe eEme[erkesĆ¢Meve kesĆ¢vƵ Yeer menĆeesieer keĆ¢er YetefcekeĆ¢e efveYee
jne nw Deewj heĆee&hle keĆ¢ejesyeej Yeer heĆehle keĆ¢j jne nw keƤĆeesbefkeĆ¢ efJeosMeer cegƵe mebmeeOeveesb kesĆ¢ efueS YeejleerĆe keĆ¢eheexjsÅ”dme keĆ¢er ceebie yeĆ{leer pee jner nw.
$e+Ce ĆøemleeJe ĆøeeHle keĆ¢jves ceW yeQkeĆ¢ kesĆ¢ Debleje&Ā°^erĆe ceĆeXÅ” yeQefkeĆ¢ie keĆ¢#e keĆ¢er meefāŗeĆ¢Će YetefcekeĆ¢e Yeer jnleer nw.
Glheeo SJeb mesJeeSbDeehekesĆ¢ yeQkeĆ¢ ves heefjĆeeueve kesĆ¢ #es$e ceW ieĆenkeĆ¢eW keĆ¢er DeeJeMĆekeĆ¢leeDeeW kesĆ¢ DevegĀ¤he Glheeo SJeb mesJeeSb DeejcYe keĆ¢jves kesĆ¢ efueS ĆøeewĆ eesefiekeĆ¢er kesĆ¢ heĆĆeesie nsleg DeveskeĆ¢ keĆ¢oce G"eĆes nQ. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ Glheeo SJeb mesJeeSb yengje&Ā°^erĆe yeQkeĆ¢eW SJeb mLeeveerĆe yeQkeĆ¢eW keĆ¢er leguevee ceW heĆeflemheOee&lcekeĆ¢ nQ. FueskeĆ¤Å”^e@efvekeĆ¢ SJeb eEheĆÅ” ceeref[Ćee ceW efJeheCeve DeefYeĆeeveeW kesĆ¢ ceeOĆece mes FvnW ueeskeĆ¢efheĆĆe yeveeĆee pee jne nw.
heĆewĆ eesefiekeĆ¢erā¢ 31 ceeĆe&, 2012 keĆ¢es meceehle DeJeefOe ceW efJeosMeer keĆ¢eĆee&ueĆeeW SJeb Deveg<ebefieĆeeW
ceW S.Å”er.Sce. keĆ¢er mebKĆee yeĆ{keĆ¢j 76 nes ieF& nw (45 Dee@vemeeFÅ” SJeb 31 Dee@HeĆ¢meeFÅ”) pees 31 ceeĆe&, 2011 keĆ¢es 68 (42 Dee@vemeeFÅ” SJeb 26 Dee@HeĆ¢meeFÅ”) Leer.
ā¢ Ćet.kesĆ¢., Ćet.S.F&., yeneceepe, yenefjve, nebiekeĆ¢ebie, eEmeieehegj SJeb yesequpeĆece ceW iueesyeue Å”^spejer meesuĆetMeve keĆ¢es keĆ¢eĆee&efvJele efkeĆ¢Ćee ieĆee nw.
ā¢ kesĆ¢vƵerke=Ć¢le eqmJeHeĆ¤Å” ieefleefJeefOe DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ [sÅ”e meWÅ”j mes heefjĆeeefuele keĆ¢er pee jner nw.
ā¢ Ćet.kesĆ¢. SJeb Ćet.Sme.S. kesĆ¢ DeueeJee meYeer #es$e/ Deveg<ebefieĆee GvekesĆ¢ eqmJeHeĆ¤Å” heefjĆeeueve eqmJeHeĆ¤Å” keĆ¢#e, [sÅ”e meWÅ”j kesĆ¢ ceeOĆece mes keĆ¢j jner nw.
ā¢ keĆ¢eĆee&eqvJele keĆ¢er ieF& Yegieleeve mebosMe heƦefle keĆ¢esj yeQefkeĆ¢ie meesuĆetMeve (efHeĆ¢veekeĆ¢ue) SJeb eqmJeHeĆ¤Å” kesĆ¢ ceOĆe keĆ¢er keĆ¢Ć[er nw pees Deeves Jeeues SJeb peeves Jeeues eqmJeHeĆ¤Å” mebosMeeW keĆ¢es SvÅ”er ceveer ueebeE[^ie peebĆe kesĆ¢ meeLe meerOes heĆesmeseEmeie ceW ceoo keĆ¢jleer nw. Fmemes Ćet.kesĆ¢. SJeb Ćet.Sme.S. kesĆ¢ DeueeJee meYeer #es$eeW/Deveg<ebefieĆeeW ceW keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee nw.
ā¢ DeehekesĆ¢ yeQkeĆ¢ ceW yesequpeĆece SJeb Ćet.Sme.S. keĆ¢es ĆesĆ[keĆ¢j SvÅ”er ceveer ueebeE[^ie F&jspe (yewĆe cees[) meYeer efJeosMeer kesĆ¢vƵeW hej keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee nw.
ā¢ Ćet.Sme.S. keĆ¢es Ćes[keĆ¢j meYeer efJeosMeer kesĆ¢vƵeW hej SvÅ”er ceveer ueebeE[^ie Dee@veueeFve efuemÅ” ceweEĆeie meesuĆetMeve keĆ¢es keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee nw.
efJeosMeer heefjĆeeueve ceW F&-yeQeEkeĆ¢ie
DeehekeĆ¢e yeQkeĆ¢ meYeer efJeosMeer kesĆ¢vƵeW hej Oeerjs ā Oeerjs F&-yeQeEkeĆ¢ie mesJeeDeeW keĆ¢es keĆ¢eĆee&eqvJele keĆ¢j ueeskeĆ¢efheĆĆe yevee jne nw. uesve osve DeeOeeefjle F&-yeQeEkeĆ¢ie keĆ¢es Ćet.S.F&., Ćet.kesĆ¢., cee@efjMeme, efHeĆ¢peer, mesmesume, Ćegieeb[e, kesĆ¢vĆee, yeeslmeJeevee Deewj vĆetpeeruesv[ cebs keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee nw. Ćen Deesceeve SJeb lebpeeefveĆee ceW Yeer keĆ¢eĆee&eqvJele nesves keĆ¢er heĆefāŗeĆ¢Ćee ceW nQ (Jele&ceeve ceW Fve oesveeW kesĆ¢vƵeW hej ĆMĆe DeeOeeefjle F&-yeQeEkeĆ¢ie GheueyOe nw).
ef$eefveoeo SJeb Å”esyesiees, ieĆeevee SJeb oef#eCe DeefHeĆĆ¢keĆ¢e ceW Yeer Deieues HesĆ¢pe ceW Fmes MeerIeĆ MegĀ® efkeĆ¢Ćee peeSiee.
efJeosMeer kesĆ¢vƵeW hej uesveosve DeeOeeefjle F&-yeQeEkeĆ¢ie keĆ¢es GvekesĆ¢ Kegoje DeeOeej SJeb ueeiele heĆYeeJe keĆ¢es OĆeeve ceW jKeles ngS Oeerjs-Oeerjs keĆ¢eĆee&eqvJele efkeĆ¢Ćee pee jne nw.
kesĆ¢efveĆee ceW keĆ¢keĆ¢cesiee MeeKee keĆ¢e GodIeeÅ”ve
iegĆeevee ceW ceeve efjHeespe MeeKee keĆ¢e GodIeeÅ”ve
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efJeosMeer heefjĆeeueveeW ceW peesefKece ĆeyebOeve
DeehekesĆ¢ yeQkeĆ¢ ves 31 ceeĆe&, 2008 mes Deheves meYeer efJeosMeer #es$ees hej yeemesue II efoMeeefveoxMees keĆ¢es keĆ¢eĆee&eqvJele efkeĆ¢Ćee nw Deewj $e+Ce peesefKece nsleg ceevekeĆ¢erke=Ć¢le ĆeqĀ°keĆ¢esCe, yeepeej peesefKece nsleg ceevekeĆ¢erke=Ć¢le DeeJeefOekeĆ¢ heƦefle SJeb heefjĆeeueveiele peesefKece nsleg yesefmekeĆ¢ Fbef[kesĆ¢Å”j SheĆesĆe keĆ¢es henues ner Dehevee efueĆee nw.
peesefKece heĆyebOeve heƦefle Deewj GmekesĆ¢ keĆ¢eĆee&vJeĆeve keĆ¢es ueieeleej meMeĆ²eĆ¢ efkeĆ¢Ćee pee jne nw. meYeer kesĆ¢vƵeW hej $e+Ce, yeepeej SJeb heefjĆeeueveiele peesefKece kesĆ¢ heĆYeeJeer JĆeJenej nsleg SkeĆ¢ he=LekeĆ¢ peesefKece heĆyebOeve efJeYeeie mLeeefhele efkeĆ¢Ćee ieĆee nw. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ meYeer efJeosMeer #es$eesb SJeb Deveg<ebefieĆeeW hej peesefKece heĆyebOekeĆ¢eW keĆ¢es heomLe efkeĆ¢Ćee ieĆee nw.
meceer#eeOeerve Je<e& kesĆ¢ oewjeve meYeer efJeosMeer kesĆ¢vƵesb hej DeefieĆce Keeleesb SJeb GvekesĆ¢ cetuĆeebkeĆ¢ve mecyevOeer efJemle=le peevekeĆ¢ejer heĆehle keĆ¢jves nsleg yee@ye jwce cee@[ue keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee.
DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ efJeosMeer kesĆ¢vƵeW hej heefjmecheefĆ²e JeieeakeĆ¢jCe SJeb $e+Ce cee@efveÅ”eEjie kesĆ¢ keĆ¢eĆee&vJeĆeve nsleg SkeĆ¢ SmāŗeĆ¢ece cee@[ue Yeer lewĆeej keĆ¢jves keĆ¢e keĆ¢eĆe& heĆieefle hej nw.
efJeefveĆeecekeĆ¢ Devegheeueve
DeehekeĆ¢e yeQkeĆ¢ efJeefveĆeecekeĆ¢ Devegheeueve keĆ¢jves kesĆ¢ efueS peevee peelee nw SJeb mecyeeqvOele osMe kesĆ¢ efJeefveĆeceeW keĆ¢e meeJeOeeveer mes heeueve keĆ¢jlee nw.
DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ heeme meYeer heĆkeĆ¢ej kesĆ¢ JĆeJemeeĆeeW SJeb heefjĆeeueveeW ceW efJeefveĆeceeW kesĆ¢ DevegheeueveeW keĆ¢es megefveeqĀ§ele keĆ¢jves nsleg heĆcegKe efJeosMeer kesĆ¢vƵesb hej mecee|hele Devegheeueve Å”erce nw. Jes efJeefveĆeecekeĆ¢ Devegheeueve ĆeqĀ°keĆ¢esCe mes mecyeeqvOele henĆeeve SJeb keĆ¢j efveOee&jCe leLee Devegheeueve mecyeeqvOele ceeceueeW, cee@efveÅ”eEjie SJeb efjheese\Å”ie nsleg GĆ²ejoeĆeer nesles nQ.
meYeer efJeosMeer kesĆ¢vƵesb hej mLeeveerĆe efJeefveĆeecekeĆ¢ DeeJeMĆekeĆ¢leeĆeeW kesĆ¢ DevegĀ¤he efJeJeskeĆ¢meccele veerefleĆeeb yeveeĆeer ieF& nQ. Ćes #es$e / Deveg<ebefieĆeeb megefveeqĀ§ele keĆ¢jleer nQ efkeĆ¢ FvekeĆ¢er DeeJeefOekeĆ¢ meceer#ee - efkeĆ¢Ćes pee jns keĆ¢ejesyeej, yeoueles heefjĆMĆe SJeb efJeefveĆeecekeĆ¢ efoMeeefveoxMeeW ceW Ćeefo keĆ¢esF& mebMeesOeve ngDee nes, keĆ¢es OĆeeve ceW jKeles ngS keĆ¢er peeleer nw.
Å”^spejer heefjĆeeueve
DeehekesĆ¢ yeQkeĆ¢ ceW yeĆ[ewoe meve Å”e@Jej keĆ¢eheexjsÅ” keĆ¢eĆee&ueĆe, cegcyeF& ceW Deefle DeeOegefvekeĆ¢ [ereEueie Ā¤ce keĆ¢eĆe&jle nw. Fme [ereEueie Ā¤ce kesĆ¢ ceeOĆece mes DeehekeĆ¢e yeQkeĆ¢ Å”^spejer heefjĆeeueve keĆ¢es hetje keĆ¢jves kesĆ¢ efueS hetjer lejn lewĆeej nw. Å”^spejer Iejsueg heefjĆeeueve keĆ¢e keĆ¢eĆe& mebĆeeefuele keĆ¢jlee nw leLee efJeefYeVe ceekexĆ¢Å” ceW keĆ¢eĆe& keĆ¢ueeheeW pewmes, efJeosMeer cegƵe, yĆeepe ojW, meeJeefOe DeeĆe, [sjerJesefÅ”Jme , FeqkeƤJeÅ”er Deewj DevĆe JewkeĆ¢equhekeĆ¢ Deeeqmle keƤueemespe keĆ¢e keĆ¢eĆe& osKevee nw. DeehekeĆ¢e yeQkeĆ¢ Deheves ieĆenkeĆ¢eW keĆ¢es keĆ¢F& efJeĆ²eerĆe mesJeeSb heĆoeve keĆ¢jves kesĆ¢ efueS Deefle DeeOegefvekeĆ¢ Å”wkeƤvee@ueespeer huesÅ”HeĆ¢ece& keĆ¢e GheĆeesie keĆ¢jlee nw. Fve mesJeeDeeW ceW yĆeepe oj mJewhe, cegƵe mJewhe, JeeĆeoe SJeb DeehMeve Meeefceue nw.
DeehekesĆ¢ yeQkeĆ¢ ves Deefle DeeOegefvekeĆ¢ mJeĆeeefuele [ereEueie heĆCeeueer mLeeefhele keĆ¢er nw. efpememes jerĆeue Å”eFce DeeÅ”es pevejsÅ”s[ efJeosMeer cegƵe ojW hetjs osMe ceW HewĆ¢ueer heĆeefOeke=Ć¢le MeeKeeDeeW kesĆ¢ ceeOĆece mes Deheves ieĆenkeĆ¢eW keĆ¢es GheueyOe keĆ¢jeF& peeleer nw. ieĆenkeĆ¢esvcegKeer keĆ¢oce kesĆ¢ Ā¤he ceW efJeĆ²e Je<e& 2012 ceW iueesyeue "Å”^spejer mee@uĆetMeve" ceW mebJeOe&ve efkeĆ¢Ćee ieĆee efpememes efJeosMeer heĆefleefveefOeĆeeW kesĆ¢ ceeOĆece
mes ieĆenkeĆ¢eW kesĆ¢ he#e ceW DeehekesĆ¢ yeQkeĆ¢ keĆ¢es heĆehle peceeDeeW kesĆ¢ yeejs ceW lelkeĆ¢eue metĆeveeDeeW keĆ¢e Deeoeve-heĆoeve oslee nw.
efyepevesme heĆesmesme jer-FvpeerefveĆeeEjie kesĆ¢ lenle DeehekesĆ¢ yeQkeĆ¢ ves iueesyeue Å”^spejer meeuĆetMeve keĆ¢es meYeer yeĆ[s efJeĆ²eerĆe kesĆ¢vƵeW hej meHeĆ¢ueleehetJe&keĆ¢ hetje efkeĆ¢Ćee nw iueesyeue Å”^spejer huesÅ”HeĆ¢ece& mejuelee mes cegcyeF&, uevove, yeneceeme, yeĆgMesume, ogyeF&, yenjerve, eEmeieehegj, nebiekeĆ¢ebie Deewj vĆetĆeeke&Ć¢ ceW keĆ¢eĆe& keĆ¢j jne nw.
efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve Je=efƦ SJeb cetuĆe eqmLejlee yeveeĆes jKevee Ćegveewleer kesĆ¢ Ā¤he ceW meeceves DeeĆes. Ćes ĆegveewefleĆeeb meKle ceewefƵkeĆ¢ veerefle Deewj Oeerceer Deee|LekeĆ¢ efJekeĆ¢eme kesĆ¢ heĆYeeJe ceW Deewj iebYeerj nes ieFĆ. DeLe&JĆeJemLee kesĆ¢ DeefieĆce DevegceeveeW mes helee Ćeuelee nw efkeĆ¢ efJeĆ²e Je<e& 2012 ceW Je=efƦ oj Devegceevele: 6.9% jnsieer. FmekesĆ¢ hetJe&Jeleea oes Je<eex ceW Ćen Je=efƦ oj 8.4% Leer. Fmemes Deee|LekeĆ¢ ceboer kesĆ¢ kesĆ¢Jeue efheĆues oes Je<eex ceW ner veneR yeequkeĆ¢ 2003 mes 2011 (efJeĆ²e Je<e& 2009 iueesyeue efJeĆ²eerĆe mebkeĆ¢Å” keĆ¢es ĆesĆ[keĆ¢j) kesĆ¢ oewjeve nesves keĆ¢e helee Ćeuelee nw. efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve YeejleerĆe efj]peJe& yeQkeĆ¢ ves yĆeepe ojeW ceW 125 DeeOeej eEyeogDeeW keĆ¢er Je=efƦ keĆ¢er efpememes efjhees jsÅ” 8.50% nes ieĆee. FmekesĆ¢ hetJe& ceW efomecyej 2011 ceW LeesĆ[s "njeJe kesĆ¢ mebkesĆ¢le Les. Deee|LekeĆ¢ heĆCeeueer ceW lejuelee ueeves kesĆ¢ efueS YeejleerĆe efj]peJe& yeQkeĆ¢ ves meer.Deej.Deej. (heĆejef#ele vekeĆ¢oer Devegheele) ceW Je<e& 2012 keĆ¢er Debeflece efleceener ceW mebefĆele 125 DeeOeej eEyeog keĆ¢er keĆ¢ceer keĆ¢j oer leLee Ā®.1,29,252 keĆ¢jesĆ[ keĆ¢e Deesheve ceekexĆ¢Å” heefjĆeeueve efkeĆ¢Ćee.
DeehekesĆ¢ yeQkeĆ¢ keĆ¢er Å”^spejer DeHeves Jele&ceeve GlheeoeW pewmes DeeF& Deej Sme, meer.DeeF&.Deej.Sme. HeĆ¢ejJe[& SJeb DeeheMebme kesĆ¢ DeeOeej Hej yĆeepe ojeW Deewj efJeosMeer cegƵe peesefKeceeW keĆ¢es keĆ¢ce keĆ¢jves kesĆ¢ efueS Deheves ieĆenkeĆ¢eW keĆ¢er DeeJeMĆekeĆ¢leeDeeW kesĆ¢ DevegĀ¤he lewĆeej meceeOeeve heĆoeve keĆ¢jlee nw. Je<e& 2012 ceW DeehekesĆ¢ Å”spejer ef[Jeerpeve ves efJeefYeVe yeepeejeW ceW GheueyOe Dee|JeÅ”spe DeJemejeW, Deeeqmle Jeie&; efpemeceW cegƵe yeepeej, meeryeerSueDees, keĆ¢eue ceekexĆ¢Å” efjhees, mejkeĆ¢ejer heĆefleYetefleĆeeb Meeefceue nbw, leLee HeĆ¢esjskeƤme ceekexĆ¢Å” ceW DeJemejeW keĆ¢e ueeYe G"eĆee. Å”spejer ves yeepeej ceW Gleej ĆeĆ{eJe keĆ¢e HeĆ¢eĆeoe G"eĆee leLee DeesJej veeFÅ” Fv[skeƤmĆ[ mJewhe, DeeF.Sve.yeer.Sce kesĆ¢ mJewhe keĆ¢es GheueyOe nseEpeie, Deewj Å”seE[ie DeJemejeW kesĆ¢ efueS GheĆeesie efkeĆ¢Ćee.
meKle ceewefƵkeĆ¢ veerefle Deewj GmekesĆ¢ meeLe Ieesef<ele GĆĆe $e+Ce keĆ¢eĆe&āŗeĆ¢ceeW kesĆ¢ HeĆ¢uemJeĀ¤he 10 Je<eeaĆe mejkeĆ¢ejer heĆefleYetefleĆeeW keĆ¢e yesĆeceeke&Ć¢ veJecyej 2011 ceW 9% kesĆ¢ GĆĆemlej lekeĆ¢ HengBĆe ieĆee. Fme he=ā¦Yetefce ceW Å”^spejer ves hee@Å”&HeĆ¢esefueĆees keĆ¢er mecegefĆele DeJeefOe keĆ¢es yeveeĆes jKeves hej OĆeeve kesĆ¢eqvƵle efkeĆ¢Ćee efpememes cetuĆeebkeĆ¢ve hej keĆ¢ce mes keĆ¢ce heĆefleketĆ¢ue heĆYeeJe heĆ[s leLee efveJesMe heesÅ”&HeĆ¢esefueĆees hej yesnlej Deewmele ueeYe heĆehle nes. Iejsueg Sme.Sue.Deej. efveJesMe hej Deewmele DeeĆe 7.87% jner. efJeĆ²e Je<e& 12 ceW Å”^spejer ves 6,032 keĆ¢jesĆ[ keĆ¢er DeeĆe, yĆeepe / yeĆ³s ceW Dee|pele keĆ¢er. peyeefkeĆ¢ efveJesMe keĆ¢er efyeāŗeĆ¢er mes ueeYe leLee efJeosMeer cegƵe mes ueeYe āŗeĆ¢ceMe: Ā®.622 keĆ¢jesĆ[ leLee Ā®.412 keĆ¢jesĆ[ jne.
efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve YeejleerĆe FeqkeƤJeÅ”er yeepeej ceboe jne. Ssmee DecesefjkeĆ¢ve DeLe&JĆeJemLee ceW Oeerceer heĆieefle, ĆetjesefheĆeve meeyejsve [sÅ” āŗeĆ¢eFefmeme Deewj SHeĆ¢.DeeF&.DeeF&. kesĆ¢ Yeejle meefnle GYejles yeepeejeW ceW Oeerces DebleĆøe&Jeen kesĆ¢ meceeqvJele ĆøeYeeJe kesĆ¢ keĆ¢ejCe ngDee. efJeosMeer efveJesMekeĆ¢eW mes jeefMeĆeeW keĆ¢e Deeieceve efJeĆ²e Je<e& keĆ¢er Debeflece efleceener ceW yeĆ{e Deewj Fme keĆ¢ejCe yeepeej ves lespeer hekeĆ¢Ć[er. Å”^spejer kesĆ¢ FeqkeƤJeÅ”er [smkeĆ¢ ves Deheves hee@Å”&HeĆ¢esefueĆees keĆ¢es meefāŗeĆ¢Ćelee mes ĆøeyebefOele efkeĆ¢Ćee leLee efveĆeefcele DeblejeueeW hej ueeYe yegkeĆ¢ efkeĆ¢Ćee.
Ćetjespeesve mebkeĆ¢Å” kesĆ¢ meeceves Deeves kesĆ¢ yeeo JewefĆekeĆ¢ DeLe&JĆeJemLee ceW DeefveeqĀ§elelee keĆ¢er eqmLeefle yeve ieĆeer efpemekeĆ¢e heĆYeeJe YeejleerĆe DeLe&JĆeJemLee hej Yeer heĆ[e. HeĆ¢uemJeĀ¤he Je=efƦ oj ceW efiejeJeÅ”, GĆĆe Ćeeuet Keelee IeeÅ”e (kewĆ¢[) Deewj hetbpeer
Art13\D:\Annual Report 2011 - 2012\fINAL 19-5-12\final Dirctors Report Hindi.indd 38 May 28, 2012 3:49 PM
Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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Deeieceve ceW keĆ¢ceer DeeĆeer. Je<e& 2008 ceW mebkeĆ¢Å” keĆ¢e Deeieceve cegKĆele: yewuesvme Dee@]HeĆ¢ hescesvÅ” (yeer.Dees.heer) Ćewveue kesĆ¢ Ćeje ngDee Lee. efJeĆ²e Je<e& 2012 keĆ¢er leermejer efleceener ceW efveĆee&le keĆ¢er oj ceW keĆ¢ceer jner, peyeefkeĆ¢ DeeĆeele GĆĆe ojeW hej yevee jne. FmekeĆ¢e keĆ¢ejCe lesue keĆ¢er Debleje&Ā°^erĆe TbĆeer keĆ¢erceleW LeeR. FmekesĆ¢ meeLe ner, efJeosMeer mebmLeeiele efveJesMeeW ceW keĆ¢ceer DeeĆeer efpemekeĆ¢e heĆYeeJe hetbpeer Keeles leLee SkeƤmeĆeWpe jsÅ” hej HeĆ[e jne, pees hetJe&Jeleea meYeer ojeW mes Deeies Ā®.54.23 heĆefle Ćet.Sme [euej efoveebkeĆ¢ 15 efomebyej 2011 keĆ¢es hengbĆe ieĆee.
Å”^spejer keĆ¢er efJeosMeer cegƵe [smkeĆ¢ ves meeJe&peefvekeĆ¢ #es$e kesĆ¢ yeQkeĆ¢eW ceW HeĆ¢ejskeƤme [smkeĆ¢ ceW Deheveer Meer<e& eqmLeefle keĆ¢es yeveeĆes jKee. heĆesheĆeFÅ”jer Å”^seE[ie [smkeĆ¢ ves GheueyOe Deee|JeÅ”^spe yeepeej kesĆ¢ Gleej ĆeĆ{eJe keĆ¢e ueeYe G"e keĆ¢j, meKle lejuelee keĆ¢er eqmLeefle ceW YeejleerĆe yeepeejeW hej heĆ[ jns heĆYeeJe keĆ¢e ueeYe G"ekeĆ¢j mebmeeOeve pegÅ”eĆes DeehekesĆ¢ yeQkeĆ¢ keĆ¢er Å”^spejer kesĆ¢ efJeosMeer cegƵe [smkeĆ¢ keĆ¢e Å”ve& DeesJej Je<e& oj Je<e& DeeOeej hej Je<e& 2012 ceW ueieYeie 14.0% yeĆ{e.
DeehekesĆ¢ yeQkeĆ¢ keĆ¢e Å”^spejer efce[ DeeefHeĆ¢me yeepeej SkeƤmeheespej efveosMekeĆ¢ ceb[ue Ćeje efveOee&efjle meercee keĆ¢es jerĆeue Å”eFce kesĆ¢ DeeOeej hej ceeveerÅ”j keĆ¢jlee nw. peesefKece heĆyebOeve hewjeceerÅ”me& efpemeceW JewuĆet SÅ”efjmkeĆ¢ (JeerSDeej) keĆ¢es meYeer heesÅ”&HeĆ¢esefueĆees hej yeepeej peesefKece keĆ¢es veeheves kesĆ¢ efueS heĆĆeesie ceW ueeĆee peelee nw. Fve GheeĆeeW keĆ¢es peesefKece vecyejeW hej yewkeĆ¢ Å”seĆ©mÅ”ie kesĆ¢ meeLe veehee peelee nw Deewj keĆ¢jWmeer heesÅ”HeĆ¢esefueĆees ceW efJeefYeVe efveJesMeeW keĆ¢er mÅ”^sme Å”seĆ©mÅ”ie keĆ¢er peeleer nw.
keĆ¢eheexjsÅ” meeceeefpekeĆ¢ oeefĆelJe SkeĆ¢ efpeccesoej keĆ¢eheexjsÅ” veeieefjkeĆ¢ keĆ¢er lejn DeehekesĆ¢ yeQkeĆ¢ keĆ¢er meowJe Ćen meesĆe jner nw efkeĆ¢ keĆ¢cepeesj Je efheĆĆ[s Jeieex kesĆ¢ Deee|LekeĆ¢ ā meeceeefpekeĆ¢ efJekeĆ¢eme kesĆ¢ ceeOĆece mes mecegoeĆeeW keĆ¢es me#ece yeveeĆee peeĆes. yeQkeĆ¢ kesĆ¢ Deheves melele heĆĆeemeeW mes meceepe ceW kegĆ¢ue efceueekeĆ¢j heefjJele&ve ngDee nw SJeb Je<e& 2012 ceW Fme efoMee ceW heĆĆeeme Deewj lespe efkeĆ¢Ćes nQ.
DeehekeĆ¢e yeQkeĆ¢ yesjespeieej ĆegJekeĆ¢eW keĆ¢es, yeĆ[ewoe mJejespeieej efJekeĆ¢eme mebmLeeve (Deej.mesÅ”er) kesĆ¢ ceeOĆece mes ueeYeoeĆekeĆ¢ mJejespeieej heĆehle keĆ¢jves SJeb GĆ eefcelee SJeb keĆ¢ewMeue efJekeĆ¢eme keĆ¢jves kesĆ¢ efueS, efpememes GvekeĆ¢e SJeb GvekesĆ¢ heefjJeej keĆ¢e Deee|LekeĆ¢ mlej yeĆ{s SJeb Deewj Fve mLeeveeW hej efJeefYeVe #es$eerĆe DeLe&JĆeJemLee keĆ¢es efJekeĆ¢eme efceues, efve:MegukeĆ¢ heĆefMe#eCe os jne nw. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ meYeer DeieĆCeer efpeueeW ceW Deej.mesÅ”er. mLeeefhele efkeĆ¢S ieS nQ. DeehekesĆ¢ yeQkeĆ¢ ceW Fme heĆkeĆ¢ej kesĆ¢ 46 mebmLeeve mLeeefhele efkeĆ¢S nQ efpemeceW 1,22,000 ĆegJekeĆ¢eW keĆ¢es heĆefMeef#ele efkeĆ¢Ćee ieĆee nw. FmeceW mes 75,000 ĆegJekeĆ¢eW ves ueeYeoeĆekeĆ¢ mJejespeieej heĆehle efkeĆ¢Ćee nw.
DeehekesĆ¢ yeQkeĆ¢ ves 52 yeĆ[ewoe ieĆeceerCe hejeceMe& kesĆ¢vƵ mLeeefhele efkeĆ¢S nQ efpemeceW %eeve efJeefveceĆe, mecemĆee meceeOeeve Deewj hetjs osMe ceW ieĆeceerCe-peveeW keĆ¢es $e+Ce meueen
oer peeleer nw. ieĆeceerCe peveeW ceW efJeefYeVe efJeĆ²eerĆe Deewj yeQeEkeĆ¢ie mesJeeDeeW kesĆ¢ yeejs ceW peeieĀ¤keĆ¢lee ueeves kesĆ¢ efueS Deewj efJeĆ²eerĆe meceeJesMeve keĆ¢er heĆefāŗeĆ¢Ćee ceW lespeer ueeves nsleg DeehekesĆ¢ yeQkeĆ¢ ves 21 efJeĆ²eerĆe mee#ejlee Deewj $e+Ce HejeceMe& kesĆ¢vƵ (SHeĆ¢Suemeermeer) keĆ¢er mLeehevee efJeĆ²e Je<e& 2012 ceW keĆ¢er nw. Fme heĆkeĆ¢ej Ćen mebKĆee 39 nes ieF& nw.
Deeeqmle iegCeJeĆ²ee heĆyebOeve efJeĆ²e Je<e& 2012 ceW yeQeEkeĆ¢ie GĆ eesie kesĆ¢ efueS Deeeqmle iegCeJeĆ²ee keĆ¢es yeveekeĆ¢j jKevee, oyeeJehetCe& Deee|LekeĆ¢ JeeleeJejCe kesĆ¢ keĆ¢ejCe ĆegveewleerhetCe& keĆ¢eĆe& jne nw. leLeeefhe DeehekesĆ¢ yeQkeĆ¢ ves iebYeerj ceeveerÅ”eEjie Deewj Sve.heer.S. heesÅ”&HeĆ¢esefueĆees ceW Jemetueer keĆ¢es peejer jKee. FmekesĆ¢ DeueeJee eqmuehespe keĆ¢es keĆ¢ce mes keĆ¢ce mlej hej jKeves keĆ¢er yeĆeeJe heĆCeeueer keĆ¢es JĆeJenej ceW yeveeĆes jKee. DeehekesĆ¢ yeQkeĆ¢ ves YeejleerĆe yeQeEkeĆ¢ie meskeĆ¤Å”j ceW Sve.heer.S. heĆyebOeve kesĆ¢ #es$e ceW Deheveer DeieĆCeer eqmLeefle keĆ¢es yeveeĆes jKee.
Je<e& 2012 ceW YeejleerĆe yeQkeĆ¢eW ves meeceevĆe Ā¤he mes eqmuehespe keĆ¢er yeĆ[er IeÅ”veeSb osKeeR. Ssmee Yeejle ceW leLee yeenj efJeĆ²eerĆe yeepeej ceW Yeejer Gleej-ĆeĆ{eJe keĆ¢er eqmLeefle leLee Je<e& 2012 ceW hetjs Je<e& GĆĆe cegƵemHeĆ¢erefle leLee GĆĆe yĆeepe ojeW kesĆ¢ keĆ¢ejCe ngDee. YeejleerĆe yeQkeĆ¢eW hej heĆefleketĆ¢ue heĆYeeJe [euevesJeeues efJeefYeVe efvejeMeeJeeoer Deee|LekeĆ¢ hewjeceerÅ”me& kesĆ¢ yeeJepeto, Je<e& kesĆ¢ oewjeve veĆes eqmuehespe keĆ¢es 1.44% kesĆ¢ mlej hej DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ heĆejbefYekeĆ¢ Mes<e keĆ¢er leguevee ceW yeveeĆes jKee ieĆee. GĆĆe eqmuehespe keĆ¢er he=ā¦Yetefce ceW meHeĆ¢ue DeefieĆceeW keĆ¢er leguevee ces 31 ceeĆe& 2012 keĆ¢es mekeĆ¢ue Sve.heer.S. 1.53% jnW. HeĆ¢uemJeĀ¤he MegƦ DeefieĆceeW keĆ¢er leguevee ceW MegƦ Sve.heer.S. keĆ¢e Devegheele LeesĆ[e yeĆ{keĆ¢j 0.54% lekeĆ¢ ceeĆe& 2012 kesĆ¢ Deble ceW hengbĆe ieĆee.
DeehekesĆ¢ yeQkeĆ¢ ves Je<e& 2011 ceW $e+Ce neefve heĆeJeOeeve Devegheele keĆ¢es YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje efveOee&efjle DeefveJeeĆe& mlej mes GĆĆe mlej hej yeveeĆes jKee. nceeje $e+Ce neefve heĆeJeOeeve Devegheele 31 ceeĆe& 2012 keĆ¢es efJeJeskeĆ¢hetCe& lekeĆ¢veerkeĆ¢ yeĆ³s Keeles [eues ieĆes DeefieĆceeW keĆ¢es Meeefceue keĆ¢jves hej 80.05% jne.
meceer#eeOeerve Je<e& kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ ves MeeKee, #es$e, DebĆeue Deewj keĆ¢eheexjsÅ” mlej hej efJemle=le Jemetueer {ebĆes SJeb $e+Ce DevegheĆJele&ve {ebĆes keĆ¢er Ā¤hejsKee efveOee&efjle keĆ¢er. FmekesĆ¢ DeueeJee heĆlĆeskeĆ¢ [er.Deej.Å”er. mesvÅ”j ceW SkeĆ¢ vees[ue DeefOekeĆ¢ejer keĆ¢es efJeefJeOe ceeceues keĆ¢er DevegJeleea keĆ¢eĆe&Jeener kesĆ¢ efueS ueieeĆee ieĆee efpememes efkeĆ¢ ef[āŗeĆ¢er uesves ceW ueieves Jeeues meceĆe keĆ¢es keĆ¢ce mes keĆ¢ce efkeĆ¢Ćee pee mekesĆ¢ leLee Jemetueer keĆ¢es yeĆ{eĆee pee mekesĆ¢. FmekesĆ¢ DeefleefjĆ²eĆ¢ ueeskeĆ¢ DeoeueleW, $e+Ce Jemetueer kewĆ¢che, ieĆece ĆeewheeueeW keĆ¢e DeeĆeespeve efveĆeefcele Ā¤he mes MeeKeeDeeW Ćeje efkeĆ¢Ćee ieĆee. efpememes uecyeer DeJeefOe mes heĆ[s ceeceueeW keĆ¢er mebKĆee keĆ¢ce keĆ¢er pee mekesĆ¢ leLee ĆesÅ”s KeeleeW ceW Jemetueer yeĆ{eĆeer pee mekesĆ¢.
DeehekesĆ¢ yeQkeĆ¢ ves Sve.heer.S. KeeleeW ceW Jemetueer keĆ¢er mebYeeJeveeDeeW keĆ¢e helee ueieeves kesĆ¢ efueS DevegJeleea keĆ¢eĆe&Jeener heĆCeeueer hej peesj peejer jKee. yeĆ[er jeefMe Jeeues Sve.heer.S. Keeles pewmes 25 ueeKe Deewj Gmemes DeefOekeĆ¢ kesĆ¢ KeeleeW keĆ¢er keĆ¢eheexjsÅ” keĆ¢eĆee&ueĆe mes meerOes DevegheĆJele&ve keĆ¢jves keĆ¢er heĆCeeueer mes MeeKeeDeeW ves JekeĆ¢erueeW, efjkeĆ¢Jejer SpesvÅ”eW kesĆ¢ ceeOĆece mes meIeve keĆ¢eĆe&Jeener megefveeqĀ§ele keĆ¢er. Dele: efJeĆ²e Je<e& 2012 ceW Sve.heer.S. KeeleeW ceW vekeĆ¢o Jemetueer Ā®.580 keĆ¢jesĆ[ jner. Ćen Je<e& 2011 keĆ¢er Jemetueer jeefMe 455 keĆ¢er leguevee ceW keĆ¢eHeĆ¢er DeefOekeĆ¢ nw. DeheieĆs[sMeve efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve Je<e& 2011 kesĆ¢ Ā®. 189 keĆ¢jesĆ[ keĆ¢er leguevee ceW Ā®.336 keĆ¢jesĆ[ jne.
efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ ves ieebbJe / keĆ¢myee mlej hej Jemetueer kewĆ¢che ueieekeĆ¢j leLee ueeskeĆ¢ DeoeueleeW kesĆ¢ ceeOĆece mes ĆesÅ”s KeeleeW keĆ¢er Jemetueer hej efJeMes<e Ā¤he mes OĆeeve kesĆ¢eqvƵle efkeĆ¢Ćee. yeQkeĆ¢ ves heĆeslmeenve hej DeeOeeefjle "mebkeĆ¢uhe-IV"
Ćeer Sve. Sme. ĆeerveeLe keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ yeerSmeJeerSme metjle ceW SkeĆ¢ ĆøeefleYeeieer keĆ¢es ĆøeceeCeHe$e Ćøeoeve keĆ¢jles ngS
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Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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Jemetueer Ćeespevee ĆeueeĆeer, efpememes meYeer mÅ”e]HeĆ¢ meomĆeeW keĆ¢e ĆesÅ”s KeeleeW ceW Jemetueer yeĆ{eves keĆ¢e meeLe&keĆ¢ heĆĆeeme / menĆeesie efceue mekesĆ¢. Ssmes KeeleeW efpeveceW Ā®.15 ueeKe lekeĆ¢ keĆ¢er jeefMe yekeĆ¢eĆee nw, Ćeespevee kesĆ¢ Debleie&le efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve Ā®. 191 keĆ¢jesĆ[ keĆ¢er vekeĆ¢o Jemetueer keĆ¢er ieF&.
DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ DeefieĆce heesÅ”&HeĆ¢esefueĆees keĆ¢e Deeeqmle JeieeakeĆ¢jCeJeej yeĆskeĆ¢DeHe Fme heĆkeĆ¢ej nw.
(Ā®. keĆ¢jesĆ[ ceW)
Deeeqmle ĆesCeer (mekeĆ¢ue) 31 ceeĆe& 2012
31 ceeĆe& 2011
ceevekeĆ¢ 2,86,542.59 2,28,173.03
mekeĆ¢ue Sve.heer.S. 4,464.75 3,152.50
kegĆ¢ue 2,91,007.34 2,31,325.53
mekeĆ¢ue Sve.heer.S. ceW Meeefceue nw:
DeJeceevekeĆ¢ 2,661.82 1,097.23
mebosnemheo 1,318.71 1,336.64
neefveiele 484.22 718.63
kegĆ¢ue Sve.heer.S. 4464.75 3152.50
metĆevee heĆewĆ eesefiekeĆ¢er DeehekesĆ¢ yeQkeĆ¢ ves yeQkeĆ¢ kesĆ¢ Iejsuet heefjĆeeueveeW, efJeosMeer heefjĆeeueveeW Deewj Deveg<ebieer heefjĆeeueveeW keĆ¢es OĆeeve ceW jKeles ngS Sv[ Å”t Sv[ efyepevesme SJeb DeeF&.Å”er. mÅ”^sÅ”speer heĆespeskeĆ¤Å” neLe ceW efueS nQ.
ā¢ DeehekesĆ¢ yeQkeĆ¢ ves meJeexĆ²ece Å”skeƤvee@ueespeer FvHeĆĆ¢emÅ”^keƤĆej yeveeĆee nw. GmekesĆ¢ efueS Deefle DeeOegefvekeĆ¢ [eÅ”e meWÅ”j keĆ¢eĆee&eqvJele efkeĆ¢Ćee nw. efpemeceW Dehe Å”eFce FvmÅ”erÅ”ĆetÅ” Å”erĆej 3 kesĆ¢ ceeveoC[eW keĆ¢es hetje efkeĆ¢Ćee ieĆee leLee ef[peemÅ”j efjkeĆ¢Jejer meeFÅ” keĆ¢es keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee. efJeefYeVe YetkeĆ¢che KeC[eW keĆ¢es OĆeeve ceW jKee ieĆee nw efpemeceW heĆlĆeskeĆ¢ DemeHeĆ¢uelee efyevog keĆ¢e ienve efJeMues<eCe efkeĆ¢Ćee ieĆee efpememes efkeĆ¢ ieĆenkeĆ¢eW keĆ¢es DeyeeOe yeQeEkeĆ¢ie mesJeeSb efceueleer jnW. efheĆues Je<e& yeQkeĆ¢ kesĆ¢ [eÅ”e meWÅ”j keĆ¢e Deheves YeJeve ceW meHeĆ¢ueleehetJe&keĆ¢ vĆet [eÅ”e mesvÅ”j kesĆ¢ Ā¤He ceW ceeFieĆsMeve kesĆ¢ yeeo DeehekesĆ¢ yeQkeĆ¢ ves ef[peemÅ”j efjkeĆ¢Jejer mesvÅ”j keĆ¢e efJemleej Je<e& kesĆ¢ oewjeve efkeĆ¢Ćee efpememes efkeĆ¢ keĆ¢ejesyeej efJekeĆ¢eme Deewj Å”skeƤvee@ueespeer efJemleej keĆ¢e ueeYe efceue mekesĆ¢.
ā¢ DeehekesĆ¢ yeQkeĆ¢ ves keĆ¢F& DevĆe Å”skeƤvee@ueespeer FveerefmeSefÅ”Je pewmes efJev[es meJe&j JeĆeg&DeueeF&uesMeve, [smkeĆ¢ Å”e@he JeĆeg&DeueeF&uesMeve, Deewj yewkeĆ¢ [^e@he keĆ¢vmeeueer[sMeve MegĀ¤ efkeĆ¢S nQ. FvnW heĆee&JejCe GvcegKeer keĆ¢oce kesĆ¢ Ā¤he ceW G"eĆee ieĆee nw Fvemes [eÅ”e mesvÅ”j keĆ¢er keĆ¢eĆe&kegĆ¢Meuelee ceW Je=efƦ nesieer. yeQkeĆ¢ kesĆ¢ efJemle=le vesÅ” Jeke&Ć¢ keĆ¢es DeheÅ”eFce Deewj ef[ceeb[ DeheieĆs[ keĆ¢es hetje keĆ¢jves kesĆ¢ efueS veF& Å”skeƤvee@ueespeer DeeOeeefjle Sce.heer.Sue.Sme. ceW ceeFieĆsÅ” efkeĆ¢Ćee ieĆee nw, FvÅ”jheĆeFpe cewvespeceWÅ” efmemÅ”ce keĆ¢es DeheieĆs[ leLee heĆYeeJeer {bie mes Ćeueeves kesĆ¢ efueS veĆes cee[Ćetue ceW efMeHeĆ¤Å” efkeĆ¢Ćee ieĆee. yeQkeĆ¢ kesĆ¢ ye]{les ngS DeeF&.Å”er. FvHeĆĆ¢emÅ”^keƤĆej keĆ¢e DevegheĆJele&ve keĆ¢jves kesĆ¢ efueS Ssmee efkeĆ¢Ćee ieĆee.
ā¢ keĆ¢esj yeQeEkeĆ¢ie heĆCeeueer keĆ¢es mebJee|Oele iegCeeW kesĆ¢ meeLe GĆĆe mebmkeĆ¢jCe ceW efMeHeĆ¤Å” efkeĆ¢Ćee ieĆee nw. keĆ¢F& veĆes cee[Ćetue pewmes mLeeĆeer Deeeqmle keĆ¢e
jKejKeeJe, mesume Å”^wkeĆ¤Å”j cee[Ćetue, kesĆ¢vƵerke=Ć¢le mesJee keĆ¢j, F.yeer.Deej.meer. (yeQkeĆ¢ efjĆeueeFpesMeve mee|Å”efHeĆ¢kesĆ¢Å”), cee[Ćetue, Keelee mebKĆee heesÅ”xefyeefueÅ”er, Jeke&Ć¢HeƤuees Dee@Å”escesMeve HeĆ¢e@j vĆet heWMeve mkeĆ¢erce - mJeeJeuebyeve keĆ¢es Je<e& kesĆ¢ oewjeve keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee.
ā¢ FvÅ”jvesÅ” yeQeEkeĆ¢ie ceW efJeĆeeme SJeb megj#ee yeĆ{eves kesĆ¢ efJeĆeej mes DeehekesĆ¢ yeQkeĆ¢ ceW HeĆĆ¢e[ cewvespeceWÅ” meeuĆetMeve keĆ¢es DeHeveekeĆ¢j mebyebefOele megj#ee HeĆ¢erĆej yeĆ{e efoS nQ, GmeceW oes HewĆ¢keĆ¤Å”j DeefOeheĆceeCeve Yeer Meeefceue nQ. DeehekesĆ¢ yeQkeĆ¢ ves FbÅ”jvesÅ” yeQeEkeĆ¢ie Ćewveue ceW kegĆ¢Ć Deewj DeefOekeĆ¢ megefJeOeeSb yeĆ{e oer nQ. FbÅ”jvesÅ” yeQeEkeĆ¢ie, DeLee&le yeĆ[ewoe keĆ¢veskeĆ¤Å” Deye lespeer mes SJeb megj#eehetJe&keĆ¢ efveefOeĆeeW keĆ¢e DeblejCe keĆ¢jlee nw. Ćen DevĆe he#e keĆ¢es (yee@ye kesĆ¢ Debleie&le), mJeĆeb keĆ¢es leLee FbÅ”jyeQkeĆ¢ megefJeOee oslee nw. GheueyOe DevĆe megefJeOeeDeeW ceW meeJeefOe pecee keĆ¢e MegYeejbYe, jsueJes YeeĆ[e Yegieleeve megefJeOee, heĆlĆe#e SJeb hejes#e keĆ¢jeW keĆ¢e Deeve ueeFve Yegieleeve leLee kegĆ¢Ć jepĆe mejkeĆ¢ejeW kesĆ¢ keĆ¢jeW keĆ¢e Yegieleeve, ĆetÅ”erefueÅ”er efyeume, jsue efÅ”keĆ¢Å”, Deeve ueeFve Mee@eEheie, cebefojeW keĆ¢es oeve Deewj mebmLeeveeW keĆ¢es MegukeĆ¢ keĆ¢e Yegieleeve Meeefceue nw. keĆ¢eheesjsÅ”dme keĆ¢es meerOes Jesleve Yegieleeve keĆ¢er megefJeOee SJeb Å”^s[ HeĆ¢eFveWme Yeer GheueyOe nw. Je<e& kesĆ¢ oewjeve efJeefYeVe jepĆe keĆ¢jeW kesĆ¢ Yegieleeve keĆ¢es me#ece yeveeĆee ieĆee Sme.Sce.Sme. ĆesleeJeveer, Deej.Å”er.peer.Sme / efveHeĆ¤Å” uesve-osve keĆ¢es Yeer FvÅ”jvesÅ” yeQeEkeĆ¢ie heesÅ”&ue ceW Meeefceue efkeĆ¢Ćee ieĆee. Smyee (yueekeƤ[ SkeĆ¢eGbÅ” DeeJesove) keĆ¢es yeĆ[ewoe keĆ¢veskeĆ¤Å” ceW DeeveueeFve DeeJesoveāFveerefMeĆeue heeqyuekeĆ¢ Dee@HeĆ¢j leLee HeĆ¢esueesDehe Dee@HeĆ¢j nsleg leLee FeqkeƤJeÅ”er MesĆeme& kesĆ¢ DeeJesove kesĆ¢ efueS GHeueyOe keĆ¢jeĆee ieĆee. uesve-osve DeeOeeefjle FbÅ”jvesÅ” yeQeEkeĆ¢ie megefJeOee keĆ¢es Ćetieeb[e, yeeslmeJeevee, vĆetpeerueQ[, Ćet.S.F&., kesĆ¢vĆee, ceejerMeme, efmemesume, HeĆ¢erpeer Deewj Ćet.kesĆ¢. ceW keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee nw efpememes efveefOe DeblejCe mJeĆeb SJeb DevĆe he#e keĆ¢es efyeueeW keĆ¢e Yegieleeve, keĆ¢eheexjsÅ” mewuejer Deheuees[ leLee DeeveueeFve Mee@eEheie keĆ¢er megefJeOee oer ieĆeer nw. Deesceeve SJeb levpeeefveĆee ceW JĆet DeeOeeefjle FbÅ”jvesÅ” yeQeEkeĆ¢ie megefJeOee oer ieĆeer nw.
ā¢ ceesyeeFue yeQeEkeĆ¢ie-ye[ewoe Sce.keĆ¢veskeĆ¤Å” kesĆ¢ Ā¤He ceW SkeĆ¢ Deewj JeweqĆekeĆ¢ ef[ueerJejer Ćewveue keĆ¢e MegYeejbYe efkeĆ¢Ćee ieĆee efpemeceW ieĆenkeĆ¢eW keĆ¢es efJeefYeVe Keelee Mes<e keĆ¢er peevekeĆ¢ejer, efceveer mÅ”sÅ”ceWÅ”, keĆ¢F& KeeleeW keĆ¢es SkeĆ¢ meeLe peesĆ[vee, efveefOe DeblejCe, yeQkeĆ¢ keĆ¢es DevegjesOe, efyeueeW keĆ¢e Yegieleeve, efÅ”keĆ¢Å” yegeEkeĆ¢ie, MeeeEheie, HeĆ¢er[yewkeĆ¢ / efMekeĆ¢eĆeleW Deeefo Meeefceue nQ. ceesyeeFue yeQeEkeĆ¢ie kesĆ¢ ceeOĆece mes FbÅ”j yeQkeĆ¢ HebĆ¢[ Å”^ebmeHeĆ¢j kesĆ¢ efueS DeeF&.Sce.heer.Sme. keĆ¢es Yeer Fvesyeue efkeĆ¢Ćee ieĆee.
ā¢ S.Å”er.Sce. ceW yeĆ{les ngS uesve-osveeW keĆ¢er mebKĆee keĆ¢es osKeles ngS S.Å”er.Sce. eqmJeĆe keĆ¢es DeheieĆs[ efkeĆ¢Ćee ieĆee. S.Å”er.Sce. efmJeĆe Yeejle, Ćet.S.F&. Deesceeve, cee@jerMeme, HeĆ¢erpeer, levpeeefveĆee, yeeslmeJeevee, Å”er SC[ Å”er Deewj vĆetpeerueQ[ ceW keĆ¢eĆe&jle nQ. S.Å”er.Sce. mJeerĆe keĆ¢es 7 FvÅ”j ĆeWpespe kesĆ¢ meeLe pewmes vesMeveue eqmJeĆe, Sve.SHeĆ¢.Sme. (Sve.Heer.meer.DeeF&) Jeerpee ceemÅ”j keĆ¢e[&, meerJeerĆetSF& (ĆetSF&) meerJeerDees cewve (Deesceeve), eEuekeĆ¢ (Å”er Sb[ Å”er) hes ceeke&Ć¢ (vĆetpeerueQ[) kesĆ¢ meeLe keĆ¢Je[& S.Å”er.Sce. kesĆ¢ ceeOĆece mes ef[ueerJejer heeFvÅ” yeĆ{ekeĆ¢j ieĆenkeĆ¢eW keĆ¢es DeefOekeĆ¢ megefJeOeeSb osves nsleg peesĆ[ efoĆee ieĆee nw. ieĆenkeĆ¢esvcegKeer keĆ¢oce kesĆ¢ Ā¤he ceW yeQkeĆ¢ ves mesuHeĆ¢ equebkeƤ[ efveefOe DeblejCe, mebmLeeiele HeĆ¢erme Yegieleeve, ceesyeeFue yeQeEkeĆ¢ie jefpemÅ”^sMeve, ceesyeeFue vecyej Dehe[sMeve, yeeĆees cewefÅ”^keĆ¢ DeefOeheĆceeefCele ĆegĆ²eĆ¢ S.Å”er.Sce., Å”wkeƤme Yegieleeve, SkeĆ¢ S.Å”er.Sce. [sefyeÅ” keĆ¢e[& kesĆ¢ meeLe keĆ¢F& KeeleeW keĆ¢es peesĆ[vee, Jeerpee Ćeje melĆeeefhele, meer Jeer2, Jeermee huesefÅ”vece, ceemÅ”j [sefyeÅ” keĆ¢e[&, yeeĆees cesefÅ”^keĆ¢ keĆ¢e[&, efheve heefjJele&ve, efceveer mÅ”sÅ”ceWÅ” Deeefo keĆ¢es DevĆe yeQkeĆ¢eW kesĆ¢ S.Å”er.Sce. pewmeer megefJeOeeSb osves nsleg GĆ²eĆ¢ keĆ¢oce G"eS nQ. Denceoeyeeo, hegCes,
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ueKeveT Deewj veF& efouueer ceW ceesyeeFue S.Å”er.Sce. MegĀ¤ efkeĆ¢S ieS nQ. kegĆ¢Ć cetuĆe mebJeefOe&le megefJeOeeSb pewmes DeeveueeFve vekeĆ¢oer pecee Deewj ĆeskeĆ¢ pecee, ĆeskeĆ¢ yegkeĆ¢ DevegjesOe, Keelee efJeJejCe DevegjesOe efueHeĆ¢eHesĆ¢ ceW vekeĆ¢oer SJeb ĆeskeĆ¢ pecee pewmeer megefJeOeeSb Ćet.S.F&. ceW heĆejbYe keĆ¢er ieF& nQ.
ā¢ [sefyeÅ” keĆ¢e[&/āŗesĆ¢ef[Å” keĆ¢e[& kesĆ¢ efueS FbÅ”jvesÅ” Yegieleeve iesÅ”Jes mesJeeSb JĆeeheeefjĆeeW keĆ¢es Deewj FbÅ”jvesÅ” KejerooejeW keĆ¢es DeeveueeFve Kejeroejer nsleg megjef#ele SJeb mebjef#ele Ćewveue kesĆ¢ Ā¤he ceW oer peeleer jner nQ.
ā¢ DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ meYeer ieĆenkeĆ¢eW keĆ¢es megefJeOeeSb osves nsleg Sme.Sce.Sme. DeueÅ”& ef[ueerJejer iesÅ”Jes keĆ¢es GVele efkeĆ¢Ćee ieĆee.
ā¢ Je<e& kesĆ¢ oewjeve ieĆenkeĆ¢eW keĆ¢es SkeĆ¢ Deewj mee|Jeme ef[ueerJejer Ćewveue GheueyOe keĆ¢jeĆee ieĆee, FmekesĆ¢ efueS ueKeveT Deewj ye[ewoe ceW mebHeke&Ć¢ kesĆ¢vƵeW keĆ¢e MegYeejbYe efkeĆ¢Ćee ieĆee.
ā¢ DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ ieĆenkeĆ¢eW keĆ¢es efjÅ”sue ef[heesefpeÅ”jer mesJeeSb GheueyOe keĆ¢jeĆeer ieF&. SkeĆ¢ kesĆ¢vƵerke=Ć¢le ef[heesefpeÅ”jer DeeJesove kesĆ¢ meeLe ner MeeKeeSb Sve.Sme.[er.Sue Deewj meer.Sme.[er.Sue oesveesb mesJeeSb osves kesĆ¢ efueS meeqppele nQ. Deeve ueeFve Å”^seE[ie heĆCeeueer mes DeehekeĆ¢e yeQkeĆ¢ Deeve ueeFve mesJeeDeeW keĆ¢er hetjer Će=bKeuee ieĆenkeĆ¢eW keĆ¢es os mekesĆ¢iee, efpememes efkeĆ¢ Jes FeqkeƤJeÅ”er, cĆetĆetDeue HebĆ¢[dme, yeeb[dme SJeb heĆejbefYekeĆ¢ meeJe&peefvekeĆ¢ efveie&ce (DeeF&.heer.Dees) ceW Yeeie ues mekeWĆ¢ies.
ā¢ vekeĆ¢oer heĆyebOeve heĆCeeueer hetjer lejn Jesye DeeOeeefjle vekeĆ¢oer heĆyebOeve heĆCeeueer nw efpemes DeehekesĆ¢ ieĆenkeĆ¢eW keĆ¢es heĆoeve efkeĆ¢Ćee pee jne nw, efpemeceW heĆeeqhle heĆyebOeve (mebieĆnCe) Yegieleeve heĆyebOeve Deewj FveJeeFme cewvespeceWÅ” (heĆeeqhleĆeeb SJeb osĆe heĆyebOeve) Meeefceue nQ.
ā¢ āŗesĆ¢ef[Å” keĆ¢e[& heĆyebOeve keĆ¢er veĆeer heĆCeeueer heĆejbYe keĆ¢er ieĆeer nw efpememes DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ āŗesĆ¢ef[Å” SJeb [sefyeÅ” keĆ¢e[& heefjĆeeueve keĆ¢es JĆeeHekeĆ¢ heĆyebOeve GheueyOe nesiee.
ā¢ meYeer meeryeerSme MeeKeeSb Deej.Å”er.peer.Sme. Deewj vesHeĆ¤Å” kesĆ¢ ceeOĆece mes FbÅ”jyeQkeĆ¢ Oeve heĆs<eCe kesĆ¢ efueS me#ece nQ. Deej.Å”er.peer.Sme. Deewj vesHeĆ¤Å” keĆ¢es nceejs yeQkeĆ¢ kesĆ¢ FbÅ”jvesÅ” Deewj yeQeEkeĆ¢ie heesÅ”&ue kesĆ¢ meeLe peesĆ[ efoĆee ieĆee nw. vesHeĆ¤Å” keĆ¢er mÅ”sÅ” LeĆt heĆesmeseEmeie kesĆ¢ ceeOĆece mes yeQkeĆ¢ Deewj yeQkeĆ¢ kesĆ¢ meeLe #es$eerĆe ieĆeceerCe yeQkeĆ¢eW keĆ¢es DeeJekeĆ¢ mebosMeeW kesĆ¢ meeLe peesĆ[ efoĆee ieĆee nw.
ā¢ hetjs efJeĆe ceW Deblej yeQkeĆ¢ efJeĆ²eerĆe mebosMeeW kesĆ¢ efueS eqmJeHeĆ¤Å” keĆ¢er megefJeOee Yeejle ceW efJeosMeer cegƵe kesĆ¢ efueS heĆeefOeke=Ć¢le meYeer MeeKeeDeeW Deewj efJeosMeer MeeKeeDeeW ceW GheueyOe keĆ¢jeĆeer ieĆeer nw.
ā¢ Yegieleeve mebosMe meeuĆetMeve (heer.Sce.Sme) keĆ¢es 20 efJeosMeer Å”sjerÅ”jerpe Deewj Yeejle keĆ¢er meYeer heĆeefOeke=Ć¢le MeeKeeDeeW ceW keĆ¢eĆee&eqvJele keĆ¢jeĆee ieĆee nw; heer.Sve.Sme megefJeOee kesĆ¢ Ćeje eqmJeHeĆ¢Å” mebosMeeW keĆ¢es HeĆ¢ecexÅ” keĆ¢jves leLee GvekeĆ¢e heĆceeCe keĆ¢jves ceW meneĆelee efceueleer nw. FvnW eqmJeHeĆ¤Å” ceevekeĆ¢eW kesĆ¢ DevegĀ¤he meeryeerSme mes pevejsÅ” efkeĆ¢Ćee peelee nw Deewj Ćen S.Sce.Sue. ĆeskeĆ¢ mes neskeĆ¢j heĆehle nesles nQ.
ā¢ Je<e& kesĆ¢ oewjeve, efieĆ[ DeeOeeefjle ĆeskeĆ¢ Å”^bkesĆ¢Meve heĆCeeueer (meer.Å”er.Sme) keĆ¢es ĆesVew, keĆ¢esĆecyeletj SJeb yeWieuetj ceW keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee.
ā¢ DeehekesĆ¢ yeQkeĆ¢ keĆ¢er mesJee meghego&ieea ceW megOeej ueeves nsleg yewkeĆ¢ Dee@efHeĆ¢me keĆ¢eĆeex keĆ¢es efmeÅ”er yewkeĆ¢ Dee@efHeĆ¢me SJeb jerpeveue yewkeĆ¢ Dee@efHeĆ¢me hej kesĆ¢vƵerke=Ć¢le keĆ¢j efoĆee ieĆee nw. Je<e& kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ ves 5 veĆes jerpeveue yewkeĆ¢ Dee@efHeĆ¢me heĆejbYe efkeĆ¢Ćes. Deye DeehekesĆ¢ yeQkeĆ¢ ceW 70 efmeÅ”er yewkeĆ¢ Dee@efHeĆ¢me SJeb 10 jerpeveue yewkeĆ¢ Dee@efHeĆ¢me keĆ¢eĆe&jle nQ. JĆeefĆ²eĆ¢iele ĆeskeĆ¢ yegkeĆ¢ peejer keĆ¢jves keĆ¢e keĆ¢eĆe& Yeer kesĆ¢vƵerke=Ć¢le keĆ¢j efoĆee ieĆee nw. DeehekesĆ¢ yeQkeĆ¢ ves kesĆ¢vƵerke=Ć¢le SHeĆ¢.meer.Sve.Deej heefjĆeeueve heĆejbYe efkeĆ¢Ćes nQ.
ā¢ cegcyeF& ceW DeeÅ”escesÅ”s[ ĆeskeĆ¢ heĆesmeseEmeie kesĆ¢vƵ (DeeJekeĆ¢ SJeb peeJekeĆ¢) keĆ¢e MegYeejbYe efkeĆ¢Ćee ieĆee Lee. DeehekesĆ¢ yeQkeĆ¢ ves heĆespeskeĆ¤Å” veJeefvecee&Ce kesĆ¢ Devleie&le
efyepevesme heĆesmesme efjFbpeerefveĆeeEjie kesĆ¢ SkeĆ¢ Yeeie kesĆ¢ Ā¤he ceW metjle SJeb Denceoeyeeo ceW Yeer Fme heĆefāŗeĆ¢Ćee keĆ¢es heĆejbYe efkeĆ¢Ćee nw.
ā¢ heefjĆeeueveiele ueeiele keĆ¢ce keĆ¢jves SJeb yesnlej efveefOe heĆyebOeve nsleg Ćet.kesĆ¢. Ćet.S.F&., yeneceepe, yenefjve, ne@biekeĆ¢e@bie, eEmeieehegj, yesequpeĆece SJeb Yeejle ceW SkeĆ¢erke=Ć¢le iueesyeue Å”^spejer meesuĆetMeve keĆ¢es keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee nw.
ā¢ efJeefveĆeecekeĆ¢ Devegheeueve nsleg Yeejle SJeb 20 efJeosMeer kesĆ¢vƵeW hej SvÅ”er ceveerueeWeE[^ie (S.Sce.Sue) keĆ¢es keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee nw. DeeHekesĆ¢ yeQkeĆ¢ ves peesefKece ĆøeyebOeve meeuĆetMeve keĆ¢eĆee&eqvJele efkeĆ¢Ćee nw.
ā¢ GĆ ece Devegmeej peer.Sue.mee@uĆetMeve keĆ¢es keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee nw. Ćen megefJeOee DeehekesĆ¢ yeQkeĆ¢ keĆ¢es keĆ¢ejesyeej efJekeĆ¢eme ceW keĆ¢eĆe&veereflekeĆ¢ efveCe&Će uesves ceW ceooieej meeefyele nesleer nw Deewj GĆ eceeW keĆ¢er mecesefkeĆ¢le efjheesÅ”& Yeer GheueyOe keĆ¢jeleer nw.
ā¢ Yeejle ceW DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ meYeer keĆ¢eĆee&ueĆeeW ceW kesĆ¢vƵerke=Ć¢le hes-jesue, Jesleve cee@[Ćetue, F&-Å”er[erSme cee@[Ćetue SJeb DeJekeĆ¢eMe cee@[Ćetue keĆ¢eĆee&eqvJele efkeĆ¢Ćes ieS nQ.
ā¢ yeQkeĆ¢ keĆ¢ce&ĆeeefjĆeeW keĆ¢e meWÅ”^ue [sÅ”e yesme lewĆeej keĆ¢jves kesĆ¢ GƶsMĆe mes keĆ¢ce&Ćeejer mesJee ceeveJe mebmeeOeve vesÅ”Jee\keĆ¢ie keĆ¢es keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee nw leeefkeĆ¢ Fmemes mebyebefOele legjvle efveCe&Će, heoesVeefle SJeb ĆeĆeve heĆefāŗeĆ¢Ćee kesĆ¢ meeLe ner ceeveJe mebmeeOeve heĆefāŗeĆ¢Ćee keĆ¢es mJeĆeeefuele yeveeĆee pee mekesĆ¢.
ā¢ DeehekesĆ¢ yeQkeĆ¢ ves JĆeeJemeeefĆekeĆ¢ jCeveerefle keĆ¢er SkeĆ¢ henue kesĆ¢ Ā¤he ceW ueĆeerueer SJeb keĆ¢eĆe&veereflekeĆ¢ metĆeveeDeeW keĆ¢e FbÅ”jSeqkeĆ¤Å”Je Åeesle heĆoeve keĆ¢jves kesĆ¢ efueS [sÅ”e JesDej neTme, ieĆenkeĆ¢eW keĆ¢es yesnlej lejerkesĆ¢ mes mecePeves kesĆ¢ efueS ieĆenkeĆ¢ mebyebOe heĆyebOeve SJeb ĆetefveHeĆ¢ece& keĆ¢mÅ”cej JĆet SāŗeĆ¢e@me Ćewveue heĆejbYe efkeĆ¢S nQ.
ā¢ efJeĆ²eerĆe meceeJesMeve keĆ¢es meHeĆ¢ue yeveeves nsleg efyepevesme keĆ¢e@jmheeW[WÅ” kesĆ¢ ceeOĆece mes Dee@ve ueeFve SJeb Dee@HeĆ¢ ueeFve, oesveeW ceeOĆeceeW mes Keelee Keesueves keĆ¢er heĆefāŗeĆ¢Ćee SJeb uesve-osve nsleg metĆevee heĆewĆ eesefiekeĆ¢er megefJeOeeSb efJekeĆ¢efmele keĆ¢er ieF& nQ. efJeĆ²eerĆe meceeJesMeve nsleg yeQkeĆ¢ keĆ¢er veJeerve henue kesĆ¢ Ā¤he ceW iegpejele, GĆ²ej heĆosMe SJeb efyenej ceW heeĆeueÅ” DeeOeej hej ceesyeeFue Jeenve Ćeje yeQeEkeĆ¢ie mesJee heĆejbYe keĆ¢er ieF& nw.
ā¢ Je<e& kesĆ¢ oewjeve yeQkeĆ¢ kesĆ¢ ieĆeceerCe ieĆenkeĆ¢eW keĆ¢es DeyeeefOele yeQeEkeĆ¢ie mesJeeSb megefveeqĀ§ele keĆ¢jves kesĆ¢ GƶsMĆe mes kegĆ¢Ć Deewj ieĆeceerCe MeeKeeDeeW ceW meewj Gpee& pevejsMeve efmemÅ”ce (SmeHeerpeerSme) keĆ¢eĆee&eqvJele efkeĆ¢Ćee ieĆee. meewj Gpee& pevejsMeve efmemÅ”ce kesĆ¢ ceeOĆece mes Gve MeeKeeDeeW keĆ¢es Ćet.Heer.Sme mes JewkeĆ¢equHekeĆ¢ Gpee& efceuesieer peneb efyepeueer keĆ¢er yengle keĆ¢ceer nw DeLeJee DeefOekeĆ¢ uees[MeseE[ie jnleer nw.
ā¢ Je<e& kesĆ¢ oewjeve heĆewĆ eesefiekeĆ¢er keĆ¢er megj#ee hej DeeāŗeĆ¢ceCe keĆ¢es ĆeqĀ°iele jKeles ngS SkeĆ¢ megĆĆ{ metĆevee megj#ee heĆyebOeve heƦefle keĆ¢es ueeiet efkeĆ¢Ćee ieĆee nw.
metĆevee heĆewĆ eesefiekeĆ¢er keĆ¢er YeeJeer ĆeespeveeSbā¢ efJeĆ²eerĆe meceeJesMe kesĆ¢ Devleie&le, DeeOeej mecee|Lele Yegieleeve heƦefle (S F&
heer Sme) DeeOeej Yegieleeve efyeĆpe (S heer yeer) DeuÅ”^e mceeue MeeKeeSb Deeefo pewmeer efJeefYeVe henue keĆ¢er pee jner nQ.
ā¢ SÅ”erSce, FbÅ”jvesÅ” yeQeEkeĆ¢ie, Ā®Hes keĆ¢e[& kesĆ¢ ceeOĆece mes FbÅ”j yeQkeĆ¢ ceesyeeF&ue HesceWÅ” mesJee (DeeF&SceHeerSme), SÅ”erSce Je hJeeFbÅ” Dee@]HeĆ¢ mesue keĆ¢eĆee&vJeĆeve, ĆetjesefHeĆeve ceemÅ”j Jeermee keĆ¢eĆee&vJeĆeve (FSceJeer), efĆehe DeeOeeefjle keĆ¢e[&, FbÅ”jweqkeĆ¤Å”Je Jee@Ćeme efjkeĆ¢efieveMeve efmemÅ”ce (DeeF&JeerDeejSce) kesĆ¢ ceeOĆece mes Deewj DeefOekeĆ¢ megefJeOeeSb, SÅ”erSce kesĆ¢ ceeOĆece mes SveF&SHeĆ¢Å”er, SÅ”erSce kesĆ¢ ceeOĆece mes ĆetefÅ”efueÅ”er efyeue Yegieleeve Deeefo pewmeer kegĆ¢Ć Deewj ieĆenkeĆ¢ kesĆ¢eqvƵle henueeW keĆ¢er MegĀ¤Deele heĆmleeefJele nw.
ā¢ ieĆenkeĆ¢ mebyebOe heĆyebOeve Deewj [eÅ”e JesĆej neGme kesĆ¢ Deieues oewj keĆ¢er Ćeespevee Yeer yeveeF& pee jner nw.
Art13\D:\Annual Report 2011 - 2012\fINAL 19-5-12\final Dirctors Report Hindi.indd 41 May 28, 2012 3:49 PM
Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
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ā¢ DeeHekesĆ¢ yeQkeĆ¢ keĆ¢er SkeƤmeĆeWpe, F&-efyepevesme pewmeer ceewpetoe GVele efJeMes<eleeDeeW Jeeues DevegheĆĆeesieesb keĆ¢es heĆesVele keĆ¢jves keĆ¢er Ćeespevee nw.
ā¢ yeQkeĆ¢ ceW JĆeJemeeĆe efJeMues<eCe, keĆ¢ce&Ćeejer keĆ¢eĆe&efve<heeove heĆyebOeve heƦefle, keĆ¢ce&Ćeejer Ćøeeslmeenve Je ceeveJeMeefĆ²eĆ¢ DeeĆeespevee kesĆ¢ keĆ¢eĆee&vJeĆeve Yeer heĆmleeefJele nw.
ā¢ yeQkeĆ¢ ceW metĆevee heĆewĆ eesefiekeĆ¢er megj#ee kesĆ¢ efueS megj#ee heefjĆeeueve kesĆ¢vƵ keĆ¢es keĆ¢eĆee&eqvJele keĆ¢jvee Yeer heĆmleeefJele nw.
ā¢ yeQkeĆ¢ ves FmeceW metĆevee heĆewĆ eesefiekeĆ¢er {ebĆes kesĆ¢ DevegketĆ¢uelece GheĆeesie, DeekeĆ¢eaJeue heĆespeskeĆ¤Å”, DeeF&heerJeer 6 keĆ¢e keĆ¢eĆee&vJeĆeve, DeebleefjkeĆ¢ heĆĆeesĆ²eĆ¢eDeeW kesĆ¢ efueS yeeĆeescesefÅ”^keĆ¢ DeefOeheĆceeCeve, efJekeĆ¢eme nsleg metĆevee heĆewĆ eesefiekeĆ¢er {ebĆee Deeefo pewmeer heĆewĆ eesefiekeĆ¢er heefjĆeespeveeSb yeveeF& nQ.
F&- efyepevesmeDeehekesĆ¢ yeQkeĆ¢ keĆ¢e F&- efyepevesme efJeYeeie efJeefYeVe heĆkeĆ¢ej kesĆ¢ JewkeĆ¢equhekeĆ¢ ef[ueerJejer ĆewveueeW pewmes SÅ”erSce, FbÅ”jvesÅ” yeQeEkeĆ¢ie (yeĆ[ewoe keĆ¢veskeĆ¤Å”) DeejÅ”erpeerSme/SveF&SHeĆ¢Å”er, HeĆ¢esve yeQeEkeĆ¢ie, FbÅ”jvesÅ” hesceWÅ” iesÅ”Jes DeeF&heerheer Deeefo pewmeer megefJeOeeSb heĆoeve keĆ¢jlee nw. FmekesĆ¢ DeefleefjĆ²eĆ¢ DeehekesĆ¢ yeQkeĆ¢ keĆ¢e F&- yeQeEkeĆ¢ie efJeYeeie ef[heesefpeÅ”jer mesJeeSb, vekeĆ¢oer heĆyebOeve mesJeeSb Je meesves kesĆ¢ efmekeƤkeĆ¢eW keĆ¢er efyeĆkeĆ¢er keĆ¢e keĆ¢eĆe& Yeer osKelee nw. Fme Je<e& yeQkeĆ¢ ves ueKeveT Je yeĆ[ewoe ceW keĆ¢evÅ”skeĆ¤Å” meWÅ”j, ceesyeeFue yeQeEkeĆ¢ie Je heĆerhes[ efieHeĆ¤Å” keĆ¢e[& Deeefo keĆ¢er meHeĆ¢ueleehetJe&keĆ¢ MegĀ¤Deele keĆ¢er. efJeĆ²e Je<e& -12 kesĆ¢ oewjeve F&- JĆeJemeeĆe ieefleefJeefOeĆeeW kesĆ¢ Debleie&le efJeefYeVe #es$eeW keĆ¢e keĆ¢eĆe&efve<heeove efvecveevegmeej jne ā
SÅ”erSce/[sefyeÅ” keĆ¢e[& heefjĆeeueve
efJeJejCe 31.03.2011 31.03.2012heefjĆeeefuele SÅ”erSce keĆ¢er mebKĆee 1,561 2,012peejer [sefyeÅ” keĆ¢e[ex keĆ¢er mebKĆee 62.71 ueeKe 80.44 ueeKe
efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ keĆ¢es SÅ”erSce heefjĆeeueve nsleg vesMeveue hesceWÅ” keĆ¢eheexjsMeve Dee@HeĆ¢ Fbef[Ćee (SveheermeerDeeF&) mes yesmÅ” yeQkeĆ¢ Fve heeqyuekeĆ¢ meskeĆ¤Å”j kewĆ¢Å”siejer keĆ¢e HegjmkeĆ¢ej heĆehle ngDee.
yeĆ[ewoe keĆ¢veskeĆ¤Å” ( FbÅ”jvesÅ” yeQefkeĆ¢bie)
efJeJejCe 31.03.2011 31.03.2012heĆĆeesĆ²eĆ¢eDeeW keĆ¢er mebKĆee 5,73,575 8,10,430mecyeƦ KeeleeW keĆ¢er mebKĆee 21,90,700 32,49,216
efJelle Je<e& 2012 keĆ¢er veF& henueW
keĆ¢) yeQeEkeĆ¢ie heƦefle keĆ¢es megjef#ele yeveeves kesĆ¢ efueS Deiemle 2011 ceW HeĆĆ¢e@[ cewveWpeceWÅ” meesuĆetMeve (SHeĆ¢SceSme) keĆ¢eĆee&eqvJele keĆ¢er ieF&. efheĆues oes cenerveeW ceW uesveosveeW ceW efkeĆ¢meer Yeer keĆ¢heÅ”hetCe& uesve-osve keĆ¢er efjheesÅ”& veneR efceueer.
Ke) peveJejer 2012 ceW yeĆ[ewoe keĆ¢veskeĆ¤Å” kesĆ¢ ceeOĆece mes Dee@veueeFve SHeĆ¢[erDeej keĆ¢er MegĀ¤Deele keĆ¢er ieF&.
yeĆ[ewoe DeejÅ”erpeerSme/ SveF&SHeĆ¢Å”err
efJeJejCe 2010-11 efJelle Je<e& 2012
DeejÅ”erpeerSme SveF&SHeĆ¢Å”er DeejÅ”erpeerSme SveF&SHeĆ¢Å”er
DeeJekeĆ¢ uesveosveeW keĆ¢er mebKĆee 13,98,612 34,24,515 16,62,070 61,37,139
peeJekeĆ¢ uesveosveeW keĆ¢er mebKĆee 19,25,969 14,88,661 21,47,527 29,48,252
Deewmele uesveosve Ćeefleefove (DeeJekeĆ¢)
5,793 17,035 7,720 28,376
Deewmele uesveosve Ćeefleefove (peeJekeĆ¢)
7,235 8,015 9,338 13,211
yeĆ[ewoe vekeĆ¢oer ĆeyebOeve mesJeeSbā¢ efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve yeermeerSceSme kesĆ¢ kegĆ¢ue uesve-osve 14.19 ueeKe
Les, FmekeĆ¢e kegĆ¢ue Å”ve& DeesJej Ā¤.10,355 keĆ¢jesĆ[ jne. Fmeves Ā¤.1.39 keĆ¢jesĆ[ keĆ¢e ueeYe Dee|pele efkeĆ¢Ćee.
ā¢ ieĆenkeĆ¢eW keĆ¢er mebKĆee pees 31 ceeĆe& 2011 keĆ¢es 92 Leer pees 31 ceeĆe& 2012 keĆ¢es yeĆ{keĆ¢j 206 nes ieF&.
ā¢ Ćen heĆmleeJe nw efkeĆ¢ Fve mesJeeDeeW keĆ¢es ĆejCeyeƦ lejerkesĆ¢ mes 100 Deewj kesĆ¢vƵeW lekeĆ¢ yeĆ{e efoĆee peeS.
yeĆ[ewoe F&-iesÅ”Jes hesceWÅ” (FbÅ”jvesÅ” hesceWÅ” iesÅ”Jes)ā¢ 31 ceeĆe& 2011 lekeĆ¢ FmekesĆ¢ Debleie&le 52 ceĆeXÅ” keĆ¢e hebpeerkeĆ¢jCe efkeĆ¢Ćee ieĆee
Lee, 31 ceeĆe& 2012 keĆ¢es Ćen hebpeerkeĆ¢jCe yeĆ{keĆ¢j 124 nes ieĆee Deewj efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve FmekeĆ¢e kegĆ¢ue Å”ve& DeesJej Ā¤. 26.49 keĆ¢jesĆ[ jne. efJelle Je<e& 2012 kesĆ¢ oewjeve Fmeves Ā¤. 27.94 ueeKe keĆ¢e ueeYe Dee|pele efkeĆ¢Ćee.
meesves kesĆ¢ efmekeƤkeĆ¢eW keĆ¢er efyeāŗeĆ¢er
ā¢ DeehekesĆ¢ yeQkeĆ¢ ves meesves kesĆ¢ efmekeƤkeĆ¢eW keĆ¢er efyeāŗeĆ¢er DeĆ²etĆ¢yej, 2007 mes MegĀ¤ keĆ¢er.
ā¢ Jele&ceeve ceW 2 ieĆece, 4 ieĆece, 5 ieĆece, 8 ieĆece, 10 ieĆece, 20 ieĆece Deewj 50 ieĆece cetuĆeJeie& kesĆ¢ efmekeƤkesĆ¢ yesĆes pee jns nQ. efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve 80,958 efmekeƤkesĆ¢ yesĆes ieS, efpevekeĆ¢e kegĆ¢ue Jepeve 668.45 efkeĆ¢uees ieĆece Lee.
ā¢ efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve Fme ieefleefJeefOe mes Ā¤. 11.20 keĆ¢jesĆ[ keĆ¢e ueeYe Dee|pele ngDee.
yeQkeĆ¢ kesĆ¢ 104JeW mLeeHevee efoJeme Hej 104 veS SÅ”erSce keĆ¢e GodIeeÅ”ve keĆ¢jles ngS Ćeer Sce. [er. ceuĆee, DeOĆe#e SJeb ĆøeyebOe efveosMekeĆ¢, meeLe ceW nQ Ćeer Sve. Sme. ĆeerveeLe, keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ SJeb Ćeer. Heer. [er. efmebn, ceneĆøeyebOekeĆ¢ (F&-efyepevesme)
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efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve DeejbYe efkeĆ¢S ieS veS Glheeo1) ceesyeeFue yeQeEkeĆ¢ie
2) heĆer- hes[ keĆ¢e[&
3) ueKeveT Deewj yeĆ[ewoe ceW keĆ¢ebÅ”skeĆ¤Å” meWÅ”j
4) Deueie-Deueie lejn kesĆ¢ efJeefYeVe [sefyeÅ” keĆ¢e[& keĆ¢) efJe]pee huesefÅ”vece [sefyeÅ” keĆ¢e[& Ke) ceemÅ”j keĆ¢e[& ākeĆ¢ecyeerā ieesu[ [sefyeÅ” keĆ¢e[&
5) cewmÅ”^es efheve [sefyeÅ” keĆ¢e[&
MeerIeĆ heĆejbYe efkeĆ¢S peevesJeeues veS Glheeo
1) efJeosMeer cegƵe Debleje&Ā°^erĆe Ćee$ee keĆ¢e[& keĆ¢er MegĀ¤Deele.
2) ceuÅ”erheue ef[ueerJejer ĆewveueeW pewmes efkeĆ¢ FbÅ”jvesÅ” yeQeEkeĆ¢ie, ceesyeeFue yeQeEkeĆ¢ie, SÅ”erSce JesyemeeFÅ” Deeefo kesĆ¢ ceeOĆece mes Å”e@he-Dehe, [erÅ”erSĆe efjĆeepe&, ĆetefÅ”efueÅ”er hesceWÅ”, efÅ”keĆ¢eEÅ”ie Deeefo pewmeer cetuĆe mebJee|Oele mesJeeDeeW keĆ¢er MegĀ¤Deele.
3) F&- GlheeoeW/ mesJeeDeeW kesĆ¢ ceeOĆece mes veĆee/ DeefleefjĆ²eĆ¢ JĆeJemeeĆe ueeves nsleg Jesye DeeOeeefjle vekeĆ¢oer heĆyebOeve, F& keĆ¢e@cee|MeĆeue heesÅ”&ue Deheves mÅ”eHeĆ¢ Deeefo kesĆ¢ heĆefleYetefle/hesjesue Deeefo meefnle keĆ¢eheexjsÅ” efyepevesme meesuĆetMeve keĆ¢er MegĀ¤Deele.
4) [sefyeÅ” keĆ¢e[& kesĆ¢ GheĆeesie Je Fmemes mebyebƦ DeeĆe keĆ¢es yeĆ{eves kesĆ¢ efueS mLeeefhele efveā¦e SJeb hegjmkeĆ¢ej keĆ¢eĆe&āŗeĆ¢ceeW keĆ¢e DeeĆeespeve.
ceeveJe mebmeeOevenceejs yeQkeĆ¢ kesĆ¢ JĆeJemeeĆe Ā¤heeblejCe SJeb FmekeĆ¢er heefjĆeeueve FkeĆ¢eF&ĆeeW kesĆ¢ keĆ¢eĆe&efve<heeove keĆ¢es yeĆ{eves kesĆ¢ meceieĆ heĆĆeemeeW ceW ceeveJe mebmeeOeve keĆ¢eĆe&veerefle keĆ¢er heĆcegKe YetefcekeĆ¢e jner nw. ceeveJe mebmeeOeve keĆ¢eĆe& keĆ¢e heĆcegKe GƶsMĆe ieĆenkeĆ¢eW keĆ¢es yesnlej mesJeeSb heĆoeve keĆ¢jves nsleg keĆ¢ce&ĆeeefjĆeeW keĆ¢er me#ecelee keĆ¢e GheĆeesie keĆ¢jvee nw. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ heeme ueieYeie 42,175 me#ece SJeb DelĆeefOekeĆ¢ heĆeslmeeefnle mÅ”eHeĆ¢ meomĆe nQ, pees DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ efJeMeeue JĆeJemeeĆe heefjĆeeueve keĆ¢es yeKetyeer mebYeeueW ngS nQ.
DeehekesĆ¢ yeQkeĆ¢ ves heĆcegKe DeieĆCeer yeQkeĆ¢eW ceW Deheveer eqmLeefle keĆ¢es megĆĆĆ{ keĆ¢jves kesĆ¢ efueS efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve kegĆ¢Ć heĆcegKe ceeveJe mebmeeOeveeW keĆ¢er henue keĆ¢er nw. FveceW mes kegĆ¢Ć henueW, pewmee efkeĆ¢ veerĆes GequueefKele nw, Deheves Deehe ceW efJeefMeĀ° Deewj mechetCe& yeQeEkeĆ¢ie #es$e kesĆ¢ efueS SkeĆ¢oce veF& nw.
āyeĆ[ewoe ceefveheeue mketĆ¢ue Dee@HeĆ¢ yeQeEkeĆ¢ieā keĆ¢er MegĀ®Deele
Ćeer. Sce. [er. ceuĆee, DeOĆe#e SJeb ĆøeyebOe efveosMekeĆ¢ Ćeje yeĆ[ewoe efieHeĆ¤Å”keĆ¢e[& keĆ¢e MegYeejbYe. meeLe ceW nQ Ćeer Sve. Sme. ĆeerveeLe, keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ SJeb Ćeer Heer. [er. eEmen, ceneĆøeyebOekeĆ¢ (F&-efyepevesme)
Ćeer. Sce. [er. ceuĆee, DeOĆe#e SJeb ĆøeyebOe efveosMekeĆ¢ Ćeje yeĆ[ewoe keĆ¢ebÅ”skeĆ¤Å” meWÅ”j keĆ¢e GodIeeÅ”ve
JewkeĆ¢efuhekeĆ¢ ef[ueerJejer Ćewveue : ceesyeeFue yeQefkebĆ¢ie
yeQkeĆ¢ Ćeje peejer efJeefYeVe āŗesĆ¢ef[Å” SJeb [sefyeÅ” keĆ¢e[&
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DeehekesĆ¢ yeQkeĆ¢ ves Fme veJeesvces<eer mebmeeOeve Ćewveue keĆ¢er MegĀ®Deele āceefveheeue iueesyeue SpĆetkesĆ¢Meve mee|Jemespeā kesĆ¢ meeLe mecePeewlee keĆ¢j, efJeĆ²e Je<e& 2012 ceW keĆ¢er. āyeĆ[ewoe ceefveheeue mketĆ¢ue Dee@HeĆ¢ yeQeEkeĆ¢ieā efmelecyej 2012 mes Deewj FmekesĆ¢ yeeo heĆlĆeskeĆ¢ efleceener ceW ueieYeie 180 hetCe&le: heĆefMeef#ele DeefOekeĆ¢eefjĆeeW keĆ¢e yewĆe GheueyOe keĆ¢jJeeSiee, efpevnW DeehekesĆ¢ yeQkeĆ¢ keĆ¢er DeeJeMĆekeĆ¢leevegmeej DeefOekeĆ¢eefjĆeeW kesĆ¢ efJeefMeĀ° keĆ¢eĆe&Yeej kesĆ¢ Devegmeej heomLeeefhele efkeĆ¢Ćee peeSiee. Ssmes efJeĆ eeefLe&ĆeeW keĆ¢es yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe keĆ¢er DeeJeMĆekeĆ¢leevegĀ¤he yeQkeĆ¢ ceW ueieeves mes hetJe& yeĆ[ewoe ceefveheeue mketĆ¢ue Dee@HeĆ¢ yeQeEkeĆ¢ie ceW SkeĆ¢ Je<eeaĆe yeQeEkeĆ¢ie SJeb efJeĆ²e kesĆ¢ mveelekeĆ¢esĆ²ej hee"ĆeāŗeĆ¢ce ceW hetCe&keĆ¢eefuekeĆ¢ heĆefMe#eCe efoĆee pee jne nw. Ssmes efJeĆ eeLeea yeQkeĆ¢ ceW henues efove, henues IebÅ”s ceW ner GlheeokeĆ¢lee kesĆ¢ meeLe heĆJesMe keĆ¢jWies. Ćener FmekeĆ¢e heĆcegKe GƶsMĆe nw.
ceeveJemebmeeOeveĀ¤heeblejCeheĆespeskeĆ¤Å”āāmheMe&ākeĆ¢erMegĀ¤Deele
Fme heefjĆeespevee keĆ¢er MegĀ¤Deele Fme Je<e& kesĆ¢ oewjeve heĆewĆ eesefiekeĆ¢er SJeb DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ JĆeJemeeĆe Ā¤heeblejCe keĆ¢es menĆeesie keĆ¢jves keĆ¢er ĆeqĀ° mes Jele&ceeve SĆe. Deej. heĆefāŗeĆ¢ĆeeDeeW, mebjĆevee SJeb veerefleĆeeW keĆ¢es veĆee mJeĀ¤he osves kesĆ¢ efueS keĆ¢er ieF&. Fme HeefjĆeespevee kesĆ¢ Debleie&le ĆøeefleYee ĆøeyebOeve, GllejeefOekeĆ¢ej DeeĆeespevee, Jew%eeefvekeĆ¢ mÅ”eeEHeĆ¢ie cee@[ue SJeb ceeveJe MeeqkeƤle DeeĆeespevee Deewj efJekeĆ¢eme SJeb me#ecelee efvecee&Ce, keĆ¢eĆe&efve<Heeove ĆøeyebOeve FlĆeeefo pewmeer efJeefYeVe veJeesvces<eer Henuesb keĆ¢er ieFĆ.
SĆe. Deej. heĆewĆ eesefiekeĆ¢er keĆ¢e keĆ¢eĆee&vJeĆeve
DeehekesĆ¢ yeQkeĆ¢ ves SkeĆ¢ efJemle=le heĆewĆ eesefiekeĆ¢er huesÅ”HeĆ¢ece& lewĆeej efkeĆ¢Ćee nw, efpemeceW ceeveJe mebmeeOeve heĆyebOeve, heĆefMeef#ele keĆ¢ce&ĆeeefjĆeeW keĆ¢er mesJeeDeeW nsleg ceeveJe mebmeeOeve vesÅ”Jeke&Ć¢ hesjesue SJeb ueerJe cees[Ćetume meeqcceefuele nQ Ćen heĆewĆ eesefiekeĆ¢er huesÅ”HeĆ¢ece& efJeefYeVe SĆe. Deej. keĆ¢eĆeeX kesĆ¢ mJele- efve<heeove ceW me#ece nw Deewj Fme Je<e& kesĆ¢ oewjeve Fme heƦefle kesĆ¢ Debleie&le efJeYeVe cees[Ćetume kesĆ¢ keĆ¢eĆee&vJeĆeve hej keĆ¢eĆe& peejer jne.
me#ecelee efvecee&Ce mebyebOeer SĆeDeej HenueWefJeĆ²e Je<e& 2012 kesĆ¢ oewjeve heĆee&hle heĆefMeef#ele SJeb efJekeĆ¢eme keĆ¢er ieefleefJeefOeĆeeb peejer jner- efpeveceW āmee@HeĆ¤Å” eqmkeĆ¢ueā keĆ¢eĆe&āŗeĆ¢ceeW kesĆ¢ DeueeJee $e+Ce, HeĆ¢esjskeƤme, [erueeRime, MeeKee heĆyebOeve, DeeĆeespevee, peesefKece heĆyebOeve Deeefo kesĆ¢ #es$e ceW efJemle=le heĆefMe#eCe keĆ¢eĆe&āŗeĆ¢ce meeqcceefuele nw. veS keĆ¢eĆe& ieĆnCe keĆ¢jvesJeeues ĆegJee DeefOekeĆ¢eefjĆeeW kesĆ¢ Ć: ceen kesĆ¢ heĆejbefYekeĆ¢ heĆefMe#eCe keĆ¢eĆe&āŗeĆ¢ce kesĆ¢ ceeOĆece mes GvekeĆ¢e meceieĆ efJekeĆ¢eme Je heĆefMe#ele nesvee Yeer megefveeqĀ§ele efkeĆ¢Ćee ieĆee.
DeehekesĆ¢ yeQkeĆ¢ ves (osMe Yej ceW keĆ¢eĆe&jle 12 heĆefMe#eCe kesĆ¢vƵeW, SJeb metĆevee heĆewĆ eesefiekeĆ¢er kesĆ¢vƵ Je Denceoeyeeo ceW eqmLele Meer<e& heĆefMe#eCe ceneefJeĆ eeueĆe) Fme Je<e& 2,334 heĆefMe#eCe keĆ¢eĆe&āŗeĆ¢ce DeeĆeesefpele efkeĆ¢S Deewj FmeceW 48,090 ueesieeW keĆ¢es heĆefMeef#ele efkeĆ¢Ćee FmekesĆ¢ DeueeJee DeehekesĆ¢ yeQkeĆ¢ ves osMe Je efJeosMe kesĆ¢ heĆefleeqā¦le efJeefYeVe yeenjer heĆefMe#eCe mebmLeeveeW ceW Yeer 1,221 keĆ¢ce&ĆeeefjĆeeW keĆ¢es heĆefMe#eCe efoueJeeĆee. DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ meYeer ceneheĆyebOekeĆ¢eW Je Ghe ceneheĆyebOekeĆ¢eW keĆ¢es Yeejle kesĆ¢ SkeĆ¢ Glke=Ć¢Ā° yeer- mketĆ¢ue DeLee&le DeeF&SmeJeer, nwojeyeeo ceW DeeĆeesefpele GĆĆe heĆyebOeve keĆ¢eĆe&āŗeĆ¢ce ceW heĆefleefveĆegĆ²eĆ¢ efkeĆ¢Ćee, peyeefkeĆ¢ SkeĆ¢ DevĆe henue kesĆ¢ Debleie&le DeehekesĆ¢ yeQkeĆ¢ ves mebhetCe& yeQkeĆ¢ kesĆ¢ 400 mes DeefOekeĆ¢ ueesieesb keĆ¢es efJeMes<e Ā¤he mes efveOee&jCe keĆ¢j, veS Yeleea DeefOekeĆ¢eefjĆeeW kesĆ¢ efueS āceQÅ”jā kesĆ¢ Ā¤he ceW keĆ¢eĆe& keĆ¢jves nsleg āefJeMes<e ceWÅ”eEjie keĆ¢eĆe&āŗeĆ¢ceā ceW heĆefMeef#eCe efoueJeeĆee.
vesle=lJe efJekeĆ¢eme
ueesieebs ceW vesle=lJe #ecelee keĆ¢e efvecee&Ce keĆ¢jves keĆ¢er Deefle DeeJeMĆekeĆ¢lee keĆ¢es OĆeeve ceW jKeles ngS DeehekesĆ¢ yeQkeĆ¢ ves SkeĆ¢ JĆeehekeĆ¢ vesle=lJe efJekeĆ¢eme keĆ¢eĆe&āŗeĆ¢ce āheĆespeskeĆ¤Å” GĆ[eveā keĆ¢er MegĀ¤Deele keĆ¢er nw, efpemeceW meYeer Menjer Je ceneveiejer MeeKeeDeeW kesĆ¢ MeeKee heĆyebOekeĆ¢eW leLee meneĆekeĆ¢ ceneheĆyebOekeĆ¢ SJeb Ghe ceneheĆyebOekeĆ¢ meeqcceefuele efkeĆ¢S ieS. FmekeĆ¢e GƶsMĆe YeefJe<Će kesĆ¢ āueer[me&ā keĆ¢es lewĆeej keĆ¢jvee nw. Flevee yeĆ[e Je JĆeehekeĆ¢ vesle=lJe efJekeĆ¢eme heĆĆeeme yeQeEkeĆ¢ie GĆ eesie kesĆ¢ efueS DelegueveerĆe Je YeejleerĆe yeQkeĆ¢ ceW Deheves Deehe ceW henuee heĆĆeeme nw.
Ćen keĆ¢eĆe&āŗeĆ¢ce vesle=lJe kesĆ¢ leerve cees[Ćetdume āueereE[ie mesuHeĆ¢ā, āueereE[ie Deome&ā Deewj āueereE[ie efyepevesmeā kesĆ¢ DeeOeej Hej lewĆeej efkeĆ¢Ćee ieĆee nw Deewj FveceW mes heĆlĆeskeĆ¢ cees[Ćetdume Dee@HeĆ¢ meeFÅ” FJeWÅ”me Je keĆ¢eseEĆeie eqkeƤueefvekeĆ¢ kesĆ¢ mecevJeĆe kesĆ¢ peefjS mecyeesefOele efkeĆ¢Ćee pee jne nw. Fme keĆ¢eĆe&āŗeĆ¢ce ceW efJeĆ²e Je<e& 2012 kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ meele DebĆeueeW kesĆ¢ meele mecetneW ceW 960 heĆefleYeeefieĆeeW keĆ¢es meeqcceefuele efkeĆ¢Ćee ieĆee Je Deieues Je<e& leerve mecetneW ceW ueieYeie 460 mes DeefOekeĆ¢ heĆefleYeeefieĆeeW keĆ¢es meeqcceefuele efkeĆ¢Ćee peeSiee.
Yeleea DeefYeĆeeveDeehekesĆ¢ yeQkeĆ¢ ves mesJeeefveJe=eqĆ²e keĆ¢er hete|le, JĆeJemeeĆe efJekeĆ¢eme keĆ¢es yeveeS jKeves Je
yeĆ[ewoe ceefCeHeeue mketĆ¢ue kesĆ¢ efJeĆ eeefLe&ĆeeW keĆ¢es mebyeesefOele keĆ¢jles ngS [e. kesĆ¢. meer. ĆeāŗeĆ¢Jeleea, GHe ieJeve&j, YeejleerĆe efj]peJe& yeQkeĆ¢
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leerJeĆ MeeKee efJemleej kesĆ¢ efueS Je<e& oj Je<e& DeeOeej hej efvejblej heĆĆeeme efkeĆ¢S nw. Je<e& kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ keĆ¢er Ćece MeefĆ²eĆ¢ keĆ¢er DeeJeMĆekeĆ¢lee keĆ¢er mecemĆee keĆ¢es otj keĆ¢jves kesĆ¢ efueS Yeleea kesĆ¢ efueS efJeYeVe hejer#eeDeeW keĆ¢e DeeĆeespeve efkeĆ¢Ćee ieĆee. Je<e& kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ keĆ¢er oesveeW ner lejn keĆ¢er peĀ¤jleeW - meeceevĆe Ā¤he mes veewkeĆ¢jer ĆesĆ[keĆ¢j peevesJeeuees keĆ¢er peien Yejves Je JĆeJemeeĆe efJekeĆ¢eme keĆ¢er peĀ¤jleeW keĆ¢es hetje keĆ¢jves keĆ¢er ĆeqĀ° mes Yeejer mebKĆee ceW efJeMes<e%e DeefOekeĆ¢eefjĆeeW, heefjJeer#eeOeerve DeefOekeĆ¢eefjĆeeW, heĆefleeqā¦le JĆeeJemeeefĆekeĆ¢ mketĆ¢ueeW mes meerOes kewĆ¢cheme Yeleea kesĆ¢ ceeOĆece mes ĆegJee SceyeerS DeefOekeĆ¢eefjĆeeW keĆ¢er Yeleea keĆ¢er MegĀ¤Deele keĆ¢er. DeehekesĆ¢ yeQkeĆ¢ ves efJeefYeVe ĆesefCeĆeeW / Jesleveceeveebs ceW 1726 DeefOekeĆ¢ejer (meeceevĆe Deewj efJeMes<e%e ĆesCeer oesveeW) 1395 efueefhekeĆ¢ Deewj 629 DeOeervemLe mebJeie& kesĆ¢ mÅ”eHeĆ¢ meomĆeeW keĆ¢er Yeleea keĆ¢er. DevĆe 125 veS keĆ¢ee|cekeĆ¢ keĆ¢eĆe&ieĆnCe keĆ¢er heĆefāŗeĆ¢Ćee ceW nQ. Fme lejn mes yeQkeĆ¢ ves efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve kegĆ¢ue 3875 veS keĆ¢ce&Ćeejer Yeleea efkeĆ¢S. Yeleea keĆ¢er Ćen heĆefāŗeĆ¢Ćee Je<e& 2012-13 kesĆ¢ oewjeve Yeer peejer nw, Deewj meeLe ner DeefOekeĆ¢eefjĆeeW ves ueieYeie 1000 heoeW Deewj efueefhekeĆ¢eW kesĆ¢ 2000 heoeW keĆ¢es Yejves keĆ¢er Yeleea heĆefāŗeĆ¢Ćee Ćeue jner nw.
kewĆ¢efjĆejefJekeĆ¢emenslegĀ¤he-jsKee
leerJeĆ kewĆ¢efjĆej efJekeĆ¢eme nsleg keĆ¢ce&ĆeeefjĆeeW keĆ¢er yeĆ{leer DeekeĆ¢eb#eeDeesb keĆ¢es hetje keĆ¢jves kesĆ¢ efueS meceer#eeOeerve Je<e& kesĆ¢ oewjeve efJeMes<e heĆĆeeme efkeĆ¢S ieS efpevekesĆ¢ Ćeje keĆ¢ce&ĆeeefjĆeeW keĆ¢es GĆĆe GlheeokeĆ¢lee nsleg heĆeslmeeefnle efkeĆ¢Ćee ieĆee. Deheves Ćesā¦ keĆ¢eĆe&efve<heeove keĆ¢jvesJeeues keĆ¢e|ceĆeeW keĆ¢es hegjmke=Ć¢le keĆ¢jves Deewj yeĆ[er efpeccesoeefjĆeeW kesĆ¢ heĆefle DeekeĆ¢e|<ele keĆ¢jves nsleg DeehekeĆ¢e yeQkeĆ¢ heĆefleJe<e& efyevee efkeĆ¢meer Ā®keĆ¢eJeÅ” kesĆ¢ meYeer ĆesefCeĆeeW/JesleveceeveeW ceW ueesieeW keĆ¢es efveĆeefcele Ā¤he mes heoesVele keĆ¢j jne nw. Fme heĆJe=efĆ²e keĆ¢es yeveeĆes jKeles ngS efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve Yeer yeĆ[s hewceeves hej heoesVeefle heĆefāŗeĆ¢Ćee MegĀ® keĆ¢er ieF& efpevekesĆ¢ heefjCeece veerĆes efoĆes ieĆes nQ.
meye mÅ”eHeĆ¢ mes efueefhekeĆ¢ 207
efueefhekeĆ¢ mes DeefOekeĆ¢ejer 450
keĆ¢.heĆ.Ćes - I mes ce.heĆ.Ćes ā II (DeefOekeĆ¢ejer mes heĆyebOekeĆ¢) 600 efjeqkeƤleĆeeb Yejves keĆ¢e keĆ¢eĆe& Ćøeieefle Hej nQ.
ce.heĆ.Ćes ā II mes ce.heĆ.Ćes ā III (heĆyebOekeĆ¢ mes Jeefjā¦ heĆyebOekeĆ¢)
500 efjeqkeƤleĆeeb Yejves keĆ¢e keĆ¢eĆe& Ćøeieefle Hej nQ.
ce.heĆ.Ćes. ā III mes Je.heĆ.Ćes ā IV (Jeefjā¦ heĆyebOekeĆ¢ mes cegKĆe heĆyebOekeĆ¢)
275 efjeqkeƤleĆeeb Yejves keĆ¢e keĆ¢eĆe& Ćøeieefle Hej nQ.
Je.heĆ.Ćes ā IV mes Je.heĆ.Ćes ā V (cegKĆe heĆyebOekeĆ¢ mes me. ceneheĆyebOekeĆ¢)
85
Je.heĆ.Ćes ā V mes meJeexĆĆe keĆ¢e. heĆ. Ćes ā VI (me. ceneheĆyebOekeĆ¢ mes Ghe ceneheĆyebOekeĆ¢)
28
meJeexĆĆe keĆ¢e. heĆ. Ćes ā VI mes meJeexĆĆe Je. heĆ. Ćes ā VII (Ghe ceneheĆyebOekeĆ¢ mes ceneheĆyebOekeĆ¢)
11
Deveg. peeefle./ Deveg. pevepeeefle/DevĆe efheĆĆ[e Jeie& kesĆ¢ ueesieeW kesĆ¢ efJekeĆ¢eme hej efJeMes<e OĆeeve efoĆee ieĆee.
DeehekeĆ¢e yeQkeĆ¢ Deveg. peeefle./ Deveg. pevepeeefle/DevĆe efheĆĆ[e Jeie& kesĆ¢ ueesiees kesĆ¢ efJekeĆ¢eme Deewj keĆ¢uĆeeCe kesĆ¢ efueS mebJewOeeefvekeĆ¢ efnleeW Deewj meeceeefpekeĆ¢ GƶsMĆeeW keĆ¢er hete|le kesĆ¢ efueS heĆefleyeƦ nw. DeehekeĆ¢e yeQkeĆ¢ mebhetCe& yeQeEkeĆ¢ie GĆ eesie ceW Gve yeQkeĆ¢eW
ceW mes SkeĆ¢ nw, efpemeceW meyemes DeefOekeĆ¢ mebKĆee ceW Deveg. peeefle./ Deveg. pevepeeefle kesĆ¢ ueesie keĆ¢eĆe&jle nQ, pees FvekesĆ¢ efJekeĆ¢eme SJeb keĆ¢uĆeeCe kesĆ¢ heĆefle yeQkeĆ¢ keĆ¢er JeĆeveyeƦlee heĆoe|Mele keĆ¢jlee nw. Deveg. peeefle./ Deveg. pevepeeefle kesĆ¢ ueesieeW kesĆ¢ efJekeĆ¢eme Deewj GvekesĆ¢ keĆ¢uĆeeCe kesĆ¢ efueS yeQkeĆ¢ Ćeje efkeĆ¢S ieS kegĆ¢ĆskeĆ¢ heĆĆeemeeW keĆ¢er peevekeĆ¢ejer veerĆes oer ieF& nw:-
DevegmetefĆele peeefle/pevepeeefle/DevĆe efheĆĆ[s JeieeX kesĆ¢ efJekeĆ¢eme hej efJeMes<e yeue yeQkeĆ¢ meceepe kesĆ¢ Smemeer/SmeÅ”er SJeb DevĆe efheĆĆ[s JeieeX mes pegĆ[s JĆeefĆ²eĆ¢ĆeeW kesĆ¢ efJekeĆ¢eme SJeb keĆ¢uĆeeCe mebyebOeer mebJewOeeefvekeĆ¢ GheyebOeeW SJeb meeceeefpekeĆ¢ GƶsMĆe kesĆ¢ heĆefle heĆefleyeƦ nw. nceeje yeQkeĆ¢ hetjs yeQeEkeĆ¢ie GĆ eesie ceW Gve ĆegeEveoe yeQkeĆ¢eW ceW mes SkeĆ¢ nw efpemekesĆ¢ heeme Smemeer SJeb SmeÅ”er mebJeie& mes pegĆ[s DeefOekeĆ¢lece keĆ¢ce&Ćeejer nQ, efpememes yeQkeĆ¢ keĆ¢er Fme Jeie& kesĆ¢ efJekeĆ¢eme SJeb GlLeeve kesĆ¢ heĆefle heĆefleyeƦlee keĆ¢e helee Ćeuelee nw. yeQkeĆ¢ Ćeje Smemeer SJeb SmeÅ”er ueesieeW kesĆ¢ efJekeĆ¢eme SJeb keĆ¢uĆeeCe kesĆ¢ mebyebOe ceW efkeĆ¢S ieS heĆĆeemeeW keĆ¢e mebef#ehle GuuesKe veerĆes efkeĆ¢Ćee ieĆee nw.
veewkeĆ¢efjĆeeW ceW Deej#eCe yeQkeĆ¢ Deheveer DeefKeue YeejleerĆe SJeb mLeeveerĆe Yeleea ĆeespeveeDeeW ceW Yeejle mejkeĆ¢ej Ćeje veewkeĆ¢efjĆeeW ceW Deej#eCe kesĆ¢ mebyebOe ceW efveOee&efjle meYeer efoMeeefveoxMeeW keĆ¢e Devegheeueve keĆ¢jlee nw. DeefKeue YeejleerĆe efveĆegefĆ²eĆ¢ĆeeW ceW 15% heo DevegmetefĆele peeefleĆeeW kesĆ¢ efueS leLee 7.5% heo DevegmetefĆele pevepeeefleĆeeW kesĆ¢ efueS Deejef#ele efkeĆ¢S peeles nQ. #es$eerĆe DeeOeej hej keĆ¢er ieF& DevĆe Yee|leĆeeW ceW efJeefYeVe jepĆeeW kesĆ¢ efueS efveOee&efjle GheĆegĆ²eĆ¢ heĆefleMele keĆ¢e Devegheeueve efkeĆ¢Ćee pee jne nw.
yeQkeĆ¢ ceW Yeleea kesĆ¢ mebyebOe ceW Smemeer/SmeÅ”er DeeJesokeĆ¢eW kesĆ¢ efueS Yeleea hetJe& DeesefjSbÅ”sMeve heĆefMe#eCe heĆoeve keĆ¢jves kesĆ¢ efueS efJeMes<e heĆĆeeme efkeĆ¢S peeles nQ. DeeĆeg meercee SJeb ĆeesiĆelee ceW GheĆegĆ²eĆ¢ efjĆeeĆele heĆoeve keĆ¢er peeleer nw. Smemeer/SmeÅ”er DeYĆee|LeĆeeW kesĆ¢ mee#eelkeĆ¢ej ceW Yeer efjĆeeĆele yejleer peeleer nw leeefkeĆ¢ Deejef#ele heoeW hej efveĆegefĆ²eĆ¢ nes mekesĆ¢. Yeleea nsleg meceer#ee hewveue ceW DeefveJeeĆe& Ā¤he mes SkeĆ¢ Smemeer/SmeÅ”er meomĆe Meeefceue efkeĆ¢Ćee peelee nw. mee#eelkeĆ¢ej nsleg yegueeS ieS Smemeer/SmeÅ”er DeYĆee|LeĆeeW keĆ¢es Ćee$ee JĆeĆe keĆ¢er heĆeflehete|le keĆ¢er peeleer nw. veewkeĆ¢jer ceW Deej#eCe osves kesĆ¢ DeueeJee yeQkeĆ¢ efJeĆ eceeve efoMeeefveoxMeeW kesĆ¢ DevegĀ¤he Smemeer/SmeÅ”er keĆ¢ce&ĆeeefjĆeeW kesĆ¢ kewĆ¢efjĆej efJekeĆ¢eme SJeb heoesVeefle kesĆ¢ mebyebOe ceW Deej#eCe SJeb DevĆe megefJeOeeSb heĆoeve keĆ¢jlee nw. heoesVeefle heĆefāŗeĆ¢Ćee ceW Yeeie uesves kesĆ¢ hetJe& heoesVeefle hetJe& heĆefMe#eCe heĆoeve efkeĆ¢S peeles nQ. yeQkeĆ¢ kesĆ¢ GheueyOe DeeJeemeeW ceW Smemeer/SmeÅ”er kesĆ¢ efueS 10% keĆ¢e Deej#eCe efkeĆ¢Ćee ieĆee nw.
31 ceeĆe& 2012 keĆ¢es mÅ”eHeĆ¢ MeefĆ²eĆ¢ SJeb DevegmetefĆele peeefle SJeb pevepeeefle keĆ¢e heĆefleefveefOelJe efvecveevegmeej jne:
kewĆ¢[j kegĆ¢ue Smemeer Smemeer %
SmeŔer SmeŔer %
DeefOekeĆ¢ejer 16,953 2,936 14.76 1,159 6.84
efueefhekeĆ¢ 16,448 2,428 17.32 1,070 6.51
meye mÅ”eHeĆ¢ 8,046 2,845 35.36 733 9.11
kegĆ¢ue 41,447 8,209 19.81 2,962 7.15
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DevegmetefĆele peeefle/pevepeeefle keĆ¢#e yeQkeĆ¢ ceW Deej#eCe leLee Smemeer/SmeÅ”er keĆ¢ce&ĆeeefjĆeeW kesĆ¢ efueS DevĆe mecyeƦ heĆeJeOeeveeW keĆ¢er efveiejeveer kesĆ¢ efueS SkeĆ¢ efJeMes<e Smemeer/SmeÅ”er keĆ¢#e keĆ¢eĆe&jle nw. ceneheĆyebOekeĆ¢ mlej keĆ¢e SkeĆ¢ keĆ¢eĆe&heeuekeĆ¢ Smemeer/SmeÅ”er kesĆ¢ efueS cegKĆe mebheke&Ć¢ DeefOekeĆ¢ejer nw pees Smemeer/SmeÅ”er keĆ¢ce&ĆeeefjĆees mes mebyebefOele efJeefJeOe efoMeeefveoxMeeW keĆ¢e Devegheeueve megefveeqĀ§ele keĆ¢jles nQ. yeQkeĆ¢ kesĆ¢ heĆlĆeskeĆ¢ DebĆeue ceW Smemeer/SmeÅ”er nsleg SkeĆ¢ mebheke&Ć¢ DeefOekeĆ¢ejer efveĆegĆ²eĆ¢ efkeĆ¢Ćee ieĆee nw pees DebĆeue kesĆ¢ Smemeer/SmeÅ”er keĆ¢ce&ĆeeefjĆeeW kesĆ¢ meYeer ceeceueeW SJeb efMekeĆ¢eĆeleeW kesĆ¢ efveheÅ”ejs keĆ¢er eqmLeefle keĆ¢er osKejsKe keĆ¢jlee nw.
DevegmetefĆele peeefle/ pevepeeefle keĆ¢uĆeeCe mebIe kesĆ¢ meeLe yew"keĆ¢ yeQkeĆ¢ DevegmetefĆele peeefle/pevepeeefle keĆ¢uĆeeCe mebIe kesĆ¢ heĆefleefveefOeĆeeW kesĆ¢ meeLe efleceener DeeOeej hej yew"keWĆ¢ DeeĆeesefpele keĆ¢jlee nw leeefkeĆ¢ GvekesĆ¢ meeLe meerOee mebJeeo mLeeefhele efkeĆ¢Ćee pee mekesĆ¢ SJeb Smemeer/SmeÅ”er mebyebOeer Deej#eCe leLee DevĆe heĆeJeOeeveeW keĆ¢er meceer#ee keĆ¢er pee mekesĆ¢. Fve yew"keĆ¢eW ceW DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢ leLee Jeefjā¦ keĆ¢eĆe&heeuekeĆ¢ efpemeceW Smemeer/SmeÅ”er nsleg cegKĆe mebheke&Ć¢ DeefOekeĆ¢ejer Meeefceue nQ, Yeeie uesles nQ.
Yeejlejlve [e@. yeeyee meenye Debyes[keĆ¢j cewceesefjĆeue Å”^mÅ” yeQkeĆ¢ ves 1991 ceW Yeejle jlve [e@. yeeyee meenye Debyes[keĆ¢j cewceesefjĆeue Å”^mÅ” keĆ¢er mLeehevee keĆ¢er efpememes efkeĆ¢ Smemeer/SmeÅ”er keĆ¢ce&ĆeeefjĆeeW SJeb GvekesĆ¢ heefjJeej peveeW kesĆ¢ ueeYe nsleg keĆ¢uĆeeCekeĆ¢ejer ieefleefJeefOeĆeeW keĆ¢es yeĆ{eJee efceue mekesĆ¢. Smemeer/SmeÅ”er keĆ¢ce&ĆeeefjĆeeW kesĆ¢ yeĆĆeeW keĆ¢es Će$eJe=efĆ²e heĆoeve keĆ¢jves kesĆ¢ DeueeJee osMe kesĆ¢ cenlJehetCe& kesĆ¢vƵeW hej Å”^mÅ” Ćeje Smemeer/SmeÅ”er mecegoeĆe kesĆ¢ peĀ¤jlecebo Će$eeW keĆ¢es Će$eJe=efĆ²e heĆoeve keĆ¢er peeleer nw.
DevegmetefĆele peeefle/pevepeeefle jeĀ°^erĆe DeeĆeesie keĆ¢e oewjeDevegmetefĆele peeefle/pevepeeefle jeĀ°^erĆe DeeĆeesie ves Je<e& kesĆ¢ oewjeve efJeefYeVe mLeeveeW DeLee&le - Denceoeyeeo (09-09-2011), jepekeĆ¢esÅ” (16.09.2011), metjle (08.10.2011),DeeCebo(09.11.2011), yeuemeeĆ[(11.11.2011) peeceveiej (23.12.2011), YeĀ¤Će(05.12.2011), GoĆehe gj (29.12.2011), cesnmeeCee(27.01.2012), ieesOeje(17.03.2012), keĆ¢esuekeĆ¢elee(21.02.2012) leLee peesOehegj (29.03.2012) ceW yeQkeĆ¢ keĆ¢e oewje efkeĆ¢Ćee SJeb veerefleĆeeW leLee keĆ¢eĆe&āŗeĆ¢ceeW kesĆ¢ keĆ¢eĆee&vJeĆeve mlej hej efJeĆeej efJeceMe& SJeb GmekeĆ¢er meceer#ee keĆ¢er. yeQkeĆ¢ ceW DeeĆeesie kesĆ¢ megPeeJe SJeb efoMee efveoxMeeW keĆ¢e meeJeOeeveer hetJe&keĆ¢ Devegheeueve efkeĆ¢Ćee pee jne nw.
ceekexĆ¢eEÅ”ieJe<e& 2011 kesĆ¢ oewjeve yeQkeĆ¢ ves ceekexĆ¢eEÅ”ie mecheĆs<eCe kesĆ¢ efueS jsKee efĆe$e heĆefleefyecye "eqmÅ”keĆ¢cewve" keĆ¢er veeĆeeye lejerkesĆ¢ mes Keespe keĆ¢er efpememes yeQkeĆ¢ keĆ¢er yeĆeb[ JewuĆet ceW Je=efƦ ngF& leLee efJeefYeVe yeĆebef[ie henueeW keĆ¢es ieefle efceueer. yeĆeb[ efJekeĆ¢eme Ćee$ee keĆ¢es Deeies yeĆ{eles ngS yeQkeĆ¢ ves 20 pegueeF& 2011 keĆ¢es mLeehevee efoJeme kesĆ¢ MegYe DeJemej hej "efmeievesĆej Å”dĆetve" keĆ¢es uee@bvĆe keĆ¢j yeĆeb[ keĆ¢er meesefvekeĆ¢ ceeref[Ćece ceW MegĀ¤Deele keĆ¢er. yeQkeĆ¢ kesĆ¢ ceekexĆ¢eEÅ”ie mebJeeo keĆ¢e cegKĆe OĆesĆe yeĆev[ JewuĆet ceW Je=efƦ ueevee leLee HeĆ¢eru[ mÅ”eHeĆ¢ keĆ¢es mebhetCe& mebyeue heĆoeve keĆ¢jvee Lee.
Glheeove meceLe&veJe<e& 2011-12 kesĆ¢ oewjeve efjÅ”sue $e+Ce, Ćeeuet peceejeefMeĆeeb, yeĆele pecee jeefMeĆeeb, SmeSceF& Glheeo. SveDeejDeeF& Glheeo Deewj mJeCe&cegƵeDeeW keĆ¢er efyeāŗeĆ¢er keĆ¢es yeĆ{eJee osves kesĆ¢ efueS DeveskeĆ¢ Glheeo mebJeOe&ve DeefYeĆeeve DeeĆeesefpele efkeĆ¢S ieS. HeĆ¢eru[ ceW keĆ¢ece keĆ¢jves Jeeueer FkeĆ¢eFĆeeW kesĆ¢ efyeāŗeĆ¢er kesĆ¢ heĆĆeemeeW keĆ¢es meceLe&ve osves kesĆ¢ efueS meYeer ceeOĆeceeW (eEheĆÅ”, FuewkeĆ¤Å”^e@efvekeĆ¢ Deewj DeeGÅ” Dee@HeĆ¢ nesce ceeOĆece) keĆ¢e efceuee-
peguee GheĆeesie efkeĆ¢Ćee ieĆee. MeeKee kesĆ¢ Yeerlej yewvej, heesmÅ”me&, ueerHeĆ¢uesÅ”dme heĆoe|Mele keĆ¢j efJemle=le MeeKee vesÅ”Jeke&Ć¢ kesĆ¢ ceeOĆece mes GvekesĆ¢ heĆĆeemeeW keĆ¢es meceLe&ve efoĆee ieĆee.
ceekexĆ¢eEÅ”ie henueW
ā¢ yeQkeĆ¢ ves 20 pegueeF& 2011 keĆ¢es mLeehevee efoJeme kesĆ¢ MegYe DeJemej hej "efmeievesĆej Å”dĆetve" keĆ¢es uee@bĆe keĆ¢j meesefvekeĆ¢ ceeref[Ćece ceW yeĆev[ keĆ¢er MegĀ¤Deele keĆ¢er.
ā¢ keĆ¢e@heexjsÅ” yeĆebeE[ie henueeW pewmes; efmeievesĆej Å”dĆetve uee@bĆe keĆ¢jvee, yeQkeĆ¢ kesĆ¢ efJeĆ²eerĆe heefjCeeceeW leLee hegjmkeĆ¢ejeW kesĆ¢ efJe%eeHeve Deewj efJeefYeVe Glheeo DeefYeĆeeveeW kesĆ¢ ceeOĆece mes efvecveefueefKele mebJeOe&ve ngDee.
ā¢ Je<e& 2012 ceW yeQkeĆ¢ keĆ¢er yeĆev[ JewuĆet yeĆĆ{keĆ¢j $ 675 efceefueĆeve nes ieF& pees Je<e& 2011 ceW $ 585 efceefueĆeve Leer.
ā¢ Je<e& 2012 ceW yeQkeĆ¢ keĆ¢er yeĆeC[ jQeEkeĆ¢ie megOej keĆ¢j 166 nes ieF& pees Je<e& 2011 ceW 214 Leer. (Åeesle - yeĆev[ HeĆ¢eFveWme- Å”e@he yeĆev[ yeQeEkeĆ¢ie 500, 2012 meJex)
efmeievesĆej Å”dĆetve efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve yeQkeĆ¢ ves efmeievesĆej Å”dĆetve uee@bĆe keĆ¢er. efmeievesĆej Å”dĆetve SkeĆ¢ Dee@ef[Ćees heerme nw pees yeĆev[ heme&veefueÅ”er ( Oegve) keĆ¢es oMee&lee nw, yeQkeĆ¢ kesĆ¢ ueesiees keĆ¢es ĆeJĆe ceeOĆece ceW mebJeOe&ve keĆ¢jlee nw leLee heĆYeeJeer yeveelee nw leeefkeĆ¢ yeQkeĆ¢ keĆ¢er yeĆeeĆ©v[ie FmekesĆ¢ ieĆenkeĆ¢eW leLee keĆ¢ce&ĆeeefjĆeeW mes cepeyetleer kesĆ¢ meeLe pegĆ[ mekesĆ¢. Ćen Yeer GuuesKeveerĆe nw efkeĆ¢ efmeievesĆej Å”dĆetve yeQkeĆ¢ keĆ¢es JeeFyeĆbÅ”(peerJeblelee hetCe&) , Glmeener, ĆegJee mebie"ve kesĆ¢ Ā¤he ceW heĆoe|Mele keĆ¢jsieer leLee FmekeĆ¢er MegĀ¤Deele
India is a unique blend of diverse cultures, religions, languages and festivals. Bank of Baroda, Indiaās International Bank, is proud to present glimpses of this rich heritage woven intrinsically into the life of every Indian.
ke<e& 2012 JesĆ¢ kewĆ¢ueW[j keĆ¢e MegYeejbYe
Launch of Calendar 2
012
DeJeƤl
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Octob
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ie=nHeef$ekeĆ¢e House Journal
DeJeƤletyej - vekecyej October - November 2011
Indiaās Fastest Growing Bank
Indiaās Fastest Growing Bank
yeQkeĆ¢ kesĆ¢ Je<e& 2012 kesĆ¢ keĆ¢uesC[j keĆ¢e ueeskeĆ¢eHe&Ce
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veS yeĆev[ Ćegie keĆ¢er MegĀ¤Deele heĆoe|Mele keĆ¢jsieer pees yeQkeĆ¢ keĆ¢er yeĆeb[ JewuĆet keĆ¢es 360 ef[ieĆer efjkeĆ¢e@ue JewuĆet osiee.
ceekexĆ¢eEÅ”ie kesĆ¢ DevĆe heĆĆeeme
efJeefYeVe heĆĆeemeeW keĆ¢er Jepen mes yeQkeĆ¢ keĆ¢er yesnlej GheeqmLeefle, ĆefJe, heĆefleā¦e Deewj meeKe ceW heĆee&hle Je=efƦ ngF&. yeQkeĆ¢ ves DeveskeĆ¢ mebJeOe&vekeĆ¢ejer DeeĆeespeve efkeĆ¢Ćes Deewj FveceW Yeeie efueĆee. yeQkeĆ¢ kesĆ¢ yeĆeb[ kesĆ¢ efJemleej ceW kegĆ¢Ć heĆcegKe DeeĆeespeve peneb yeQkeĆ¢ keĆ¢er yeĆebeE[ie keĆ¢e mebJeOe&ve ngDee- yeĆ[ewoe cewjeLeve 2012, heĆsmeer[WÅ” HeƤueerÅ” efjJĆet veeFÅ” 2012, eEceÅ” SvĆegDeue yeQeEkeĆ¢ie keĆ¢e@vkeƤuesJe 2012, DeheĆĆet&efveÅ”er Sv[ ĆewueWpe , 10JeeB heĆJeemeer YeejleerĆe efoJeme 2012, peĆehegj; cegcyeF& cewjeLeve 2012 ,efHeĆ¢keƤkeĆ¢er- DeeF&yeerS yeQeEkeĆ¢ie keĆ¢e@bvHeĆQĆ¢me 2011, 28JeeB mkeĆ¢e@Će meefceÅ” Dee@ve
HeĆ¢eFDeveWefmeĆeue FvkeƤuetpeve leLee o yeĆ[ewoe keĆ¢he heesuees Å”tvee&cesvÅ”. ieĆenkeĆ¢eW keĆ¢e OĆeeve DeekeĆ¢e|<ele keĆ¢jves kesĆ¢ efueS Dees Dees SĆe ceeref[Ćee Yeer heĆYeeJeer jne.
yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe keĆ¢es hegjmkeĆ¢ej Je GĆ eesie peiele ceW ceevĆelee
yeQkeĆ¢ kesĆ¢ efvejblej Glke=Ć¢Ā° Deewj meJeeĆieerCe keĆ¢eĆe&efve<heeove ( JĆeJemeeĆe Je efJeĆ²eerĆe oesveeW) Ćesā¦ heĆyebOeve, Glke=Ć¢Ā°lee kesĆ¢ heĆefle efveā¦e leLee ieĆeceerCe DeLe&JĆeJemLee SJeb efJeleerĆe meceeJesMeve ceW Ćeesieoeve kesĆ¢ efueS Je<e& 2011-12 ceW yeQkeĆ¢ keĆ¢es DeveskeĆ¢ hegjmkeĆ¢ejeW mes mecceeefvele efkeĆ¢Ćee ieĆee. Je<e& 2011-12 kesĆ¢ oewjeve yeQkeĆ¢ keĆ¢es heĆehle kegĆ¢Ć heĆcegKe hegjmkeĆ¢ejeW keĆ¢e efJeJejCe Deeies efoĆee pee jne nw-
ā¢ Å”er S heF& cewceesefjĆeue "yewmÅ” yeQkeĆ¢ DeJee[&"ā¢ ceesmÅ” SHeĆ¢erefMeSbÅ” yeQkeĆ¢ Fve kesĆ¢vĆee.
ā¢ yesmÅ” FveerefMeSefÅ”Je Fve FbkeƤuetefMeJe yeQeEkeĆ¢ie- SHeĆ¢DeeF&yeerSmeer yeQeEkeĆ¢ie DeJee[&.
ā¢ [ve Sb[ yeĆe@[mÅ”^erÅ” ([er Sb[ yeer) ueereE[ie heeqyuekeĆ¢ meskeĆ¤Å”j yeQkeĆ¢ Fve "iueesyeue efyepevesme [sJeueheceWÅ”" kewĆ¢Å”siejer.
ā¢ vesMeveue DeJee[& HeĆ¢esj hejHeĆ¢e@jcesvme Deb[j FchueerceWÅ”sMeve Dee@HeĆ¢ heerSceF&peerheer mkeĆ¢erce.
ā¢ Fbef[Ćee yesmÅ” yeQkeĆ¢ Sb[ HeĆ¢eFveWefmeĆeue FbmÅ”erÅ”ĆetMeve DeJee[&me- ScemeerSkeƤme Sb[ meerSveyeermeer- Å”erJeer-18
keĆ¢) yesmÅ” heeqyuekeĆ¢ meskeĆ¤Å”j yeQkeĆ¢
Ke) Ćeer Sce [er ceuĆee keĆ¢es "DeeGÅ”mÅ”WeE[ie HeĆ¢eFveWefmeĆeue heĆesHesĆ¢Meveue" kesĆ¢ Ā¤he ceW Ćegvee ieĆee.
ā¢ Glke=Ć¢ālee heĆceeCe he$e-jepeYee<ee efJeYeeie, ie=n ceb$eeueĆe
ā¢ SefceÅ”er FbÅ”jvesMeveue efyepevesme mketĆ¢ue veF& efouueer Ćeje yesmÅ” FbÅ”suewkeƤĆegDeue Ā¢etceve efjmeesme& ĆetefÅ”ueeFpesMeve heĆweqkeĆ¤Å”me kesĆ¢ efueS SĆeDeej SkeƤmeerueQme DeJee[&.
ā¢ ieesu[ve heerkeĆ¢e@keĆ¢ DeJee[&-SkeƤmeerueQme Fve keĆ¢e@heexjsÅ” ieJeveXme
ā¢ Ćeer Sce [er ceuĆee keĆ¢es owefvekeĆ¢ YeemkeĆ¢j Fbef[Ćee heĆeF[ DeJee[&- ueeFHeĆ¢ Å”eFce DeĆeerJecewvÅ” DeJee[&.
ā¢ SyeermeerDeeF& DeJee[& 2011-
ā¢ ieesu[ve Å”^e@HeĆ¢er Fve Fbef[Ćeve ueQiegSpe heeqyuekesĆ¢Meve- De#eĆĆeced
ā¢ yeĆe@bpe Å”^e@HeĆ¢er Fve vĆet heeqyuekesĆ¢Meve (veJe efvecee&Ce)
ā¢ yeĆe@bpe Å”^e@HeĆ¢er Fve mhesMeue keĆ¢e@uece (Deheveer yeele)
ā¢ ieesu[ve Å”^e@HeĆ¢er Fve Jesye keĆ¢cĆetefvekesĆ¢Meve Dee@ve ueeFve - efjÅ”sue heĆes[keĆ¤Å” kewĆ¢chesve
ā¢ efyepevesme Jeu[& yesmÅ” yeQkeĆ¢ 2011 DeJee[&
ā¢ HeĆ¢emÅ”smÅ” ieĆesFbie yeQkeĆ¢ - ueepe&
ā¢ yeQkeĆ¢j Dee@HeĆ¢ o F&Ćej - Ćeer Sce [er ceuĆee, meerSce[er keĆ¢es
ā¢ yewmÅ” heeqyuekeĆ¢ meskeĆ¤Å”j yeQkeĆ¢ DeJee[& yeeF& mÅ”sÅ” HeĆ¢esjce Dee@HeĆ¢ yeQkeĆ¢me& keƤueye kesĆ¢jue
ā¢ DeeF&meerS DeeF& DeJee[&me HeĆ¢e@j SkeƤmeerueWme Fve HeĆ¢eFveWefmeĆeue efjheese\Å”ie
ā¢ yewmÅ” heeqyuekeĆ¢ meskeĆ¤Å”j yeQkeĆ¢ yeeF& Sve[erÅ”erJeer heĆesefHeĆ¢Å”
ā¢ ceeF& SHeĆ¢Sce mÅ”eme& Dee@HeĆ¢ o Fb[mÅ”^er - ueer[jefMehe yeĆeb[ DeJee[&
Ćeer Sce. [er. ceuĆee, DeOĆe#e SJeb ĆøeyebOe efveosMekeĆ¢ efmeievesĆej Å”Åøetve peejer keĆ¢jles ngS. meeLe ceW nQ Ćeer Sve. Sme. ĆeerveeLe, keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ SJeb Ćeer Guneme meebieskeĆ¢j, ceneĆøeyebOekeĆ¢ (ceemebĆøe SJeb ceekexĆ¢eEÅ”ie)
cegbyeF& ceQjeLeve, 2012 ceW yeQkeĆ¢ keĆ¢er menYeeefielee
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heefjmej efj-FbpeerefveĆeeEjie Deewj DeekeĆ¢<e&keĆ¢ heefjJesMe
yeQkeĆ¢ ves 27 petve 2011 keĆ¢es "cenejepee meĆeepeerjJe veiej ie=n" Dee@ef[Å”esefjĆece heĆleerkeĆ¢elcekeĆ¢ Ā¤he ceW Je[esoje cĆetefveefmeheue keĆ¢eheexjsMeve keĆ¢es meceejesn hetJe&keĆ¢ meeQhe efoĆee. FmeceW 1008 meerÅ”W nQ Ćen yeĆ[ewoe Menj keĆ¢es Meleeyoer Je<e& GHenej kesĆ¢ Ā¤he ceW nw.
ceneceefnce cenejepee mej meĆeepeerjeJe ieeĆekeĆ¢JeeĆ[-III kesĆ¢ Jeeefjme Ćeer cenejepee jbpeerle eEmen ieeĆekeĆ¢Jee[ leLee DevĆe heoeefOekeĆ¢eefjĆeeW ves yeQkeĆ¢ keĆ¢er Goejlee keĆ¢er cegĆ²eĆ¢kebĆ¢" mes heĆMebmee keĆ¢er. Fme mÅ”sÅ” Dee@HeĆ¢ o DeeÅ”& YeJeve ceW veiej keĆ¢er mece=Ʀ meebmke=Ć¢eflekeĆ¢ efJejemele keĆ¢es GkesĆ¢je ieĆee nw. efpemeceW mLeeveerĆe keĆ¢ueekeĆ¢ejeW leLee keĆ¢ejeriejeW keĆ¢es Meeefceue efkeĆ¢Ćee ieĆee nw. Ćen megboj YeJeve Deye yeĆ[ewoe Menj keĆ¢e uewC[cee]ke&Ć¢ yeve ieĆee nw. Deye Ćeneb yeĆ[ewoe Menj kesĆ¢ heĆcegKe meebmke=Ć¢eflekeĆ¢ keĆ¢eĆe&āŗeĆ¢ce DeeĆeesefpele efkeĆ¢S peeles nQ.
IegĆ[ oewĆ[ jes[ metjle ceW heĆMeemeefvekeĆ¢ keĆ¢eĆee&ueĆe- men - DeeJeemeerĆe heefjmej keĆ¢e efvecee&Ce Deye hetje nes ĆegkeĆ¢e nw. Ćen efyeeĆ©u[ie Deefle DeeOegefvekeĆ¢ GhekeĆ¢jCeeW leLee Gpee& o#e heƦefleĆeeW, Je<ee& peue mebieĆnCe heĆCeeefueĆeeW leLee heĆee&JejCe kesĆ¢ DevegketĆ¢ue meeceieĆer mes megmeeqppele nw. [eĆeceb[ Menj ceW Fme YeJeve keĆ¢er meJe&$e heĆMebmee keĆ¢er pee jner nw.
mecheoe heĆyebOeve ceW DevĆe henueW
ā¢ efJeĆ²e ceb$eeueĆe kesĆ¢ efoMeeefveoxMeeW kesĆ¢ DevegĀ¤he DeehekesĆ¢ yeQkeĆ¢ ves Deheves keĆ¢e@heexjsÅ” keĆ¢eĆee&ueĆe keĆ¢es meYeer DebĆeue SJeb #es$eerĆe keĆ¢eĆee&ueĆeeW keĆ¢es ScepeerSceSme keĆ¢veseqkeĆ¤Å”efJeÅ”er kesĆ¢ meeLe mÅ”sÅ” Dee@HeĆ¢ o DeeÅ”& Jeeref[Ćees keĆ¢e@bHeĆWĆ¢eEmeie heĆCeeueer kesĆ¢ ceeOĆece mes hejmhej peesĆ[ efoĆee nw. Jeeref[Ćees keĆ¢e@bHeĆWĆ¢eEmeie kesĆ¢ ceeOĆece mes keĆ¢eĆee&ueĆe heĆcegKeeW ceW hejmhej yeeleĆeerle mes MeerIeĆ SJeb kegĆ¢MeueleehetJe&keĆ¢ efveCe&Će uesves ceW ceoo efceueer nw leLee Fmemes ueeiele ceW Yeer keĆ¢ceer DeeF& nw.
ā¢ DeehekeĆ¢e yeQkeĆ¢ F& Å”W[eEjie leLee F& KejeroeW kesĆ¢ Ā¤he ceW heĆesĆ eesefiekeĆ¢er ĆegĆ²eĆ¢ henueeW/ mesJeeDeeW keĆ¢er efoMee ceW Deeies yeĆ{ jne nw.
ā¢ meYeer efJeāŗesĆ¢leeDeeW keĆ¢es lelkeĆ¢eue mekeĆ¢ue Yegieleeve DeejÅ”erpeerSme/jeĀ°^erĆe FueskeĆ¤Å”^e@efvekeĆ¢ efveefOe DeblejCe SveF&SHeĆ¢Å”er kesĆ¢ ceeOĆe mes Yegieleeve efkeĆ¢S pee jns nQ DeLeJee jeefMe ueeYeeLeea kesĆ¢ Keeles ceW pecee keĆ¢er pee jner nw.
ā¢ MeeKeeDeeW mes mecyeƦ meYeer DeeeqmleĆeeW leLee Fve hej cetuĆe Ćeme keĆ¢er ieCevee keĆ¢es heefjĆeespevee SJeb metĆevee heĆesĆ eesefiekeĆ¢er efJeYeeie kesĆ¢ menĆeesie mes meeryeerSme huesÅ”HeĆ¢e@ce& ceW ceeFieĆsÅ” keĆ¢j efoĆee ieĆee nw.
ā¢ yeoues ngS heefjJesMe leLee GheueyOe ef[ueerJejer ĆewveueeW kesĆ¢ ceƶsvepej efJeefYeVe kesĆ¢vƵeW hej Fve neGme jerpeveue yewkeĆ¢ Dee@efHeĆ¢me, efmeÅ”er yewkeĆ¢ Dee@efHeĆ¢me leLee mecheke&Ć¢ kesĆ¢vƵ mLeeefhele efkeĆ¢S ieS nQ, leeefkeĆ¢ heĆYeeJeer SJeb kegĆ¢Meue ieĆenkeĆ¢ mesJeeSb megefveeqĀ§ele keĆ¢er pee mekeWĆ¢.
Ćeer Sce. [er. ceuĆee, DeOĆe#e SJeb ĆøeyebOe efveosMekeĆ¢, meĆeepeer veiej ie=n keĆ¢er ĆeeefyeĆeeB yeĆ[ewoe Menj keĆ¢er cesĆej [e. pĆeesefle Heb[Åøee keĆ¢es YeWÅ” keĆ¢jles ngS
meĆeepeerjeJe veiej ie=n yeĆ[ewoe
#es$eerĆe keĆ¢eĆee&ueĆe metjle keĆ¢e GodIeeÅ”ve keĆ¢jles ngS Ćeer Sce. [er. ceuĆee, DeOĆe#e SJeb ĆøeyebOe efveosMekeĆ¢
#es$eerĆe keĆ¢eĆee&ueĆe metjle keĆ¢e veĆee Heefjmej
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ā¢ yeQkeĆ¢ kesĆ¢ heĆMeemeefvekeĆ¢ keĆ¢eĆee&ueĆe yeQkeĆ¢ kesĆ¢ Deheves heefjmejeW ceW jKeves mebyevOeer DeehekesĆ¢ yeQkeĆ¢ keĆ¢er veerefle keĆ¢es OĆeeve ceW jKeles ngS yeQkeĆ¢ ves JĆeeJemeeefĆekeĆ¢ YeJeveeW kesĆ¢ efvecee&Ce nsleg yeWieuetj(keĆ¢vee&Å”keĆ¢), nwojeyeeo(DeevOeĆ heĆosMe), Fvoewj(ceOĆe heĆosMe), GoĆehegj, keĆ¢esÅ”e, peĆehegj(jepemLeeve) leLee veĆee jeĆehegj (ĆĆ²eermeieĆ{) ceW YetKeC[ Kejeros nQ.
ā¢ Je<e& kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ ves MeeKeeDeeW/ keĆ¢eĆee&ueĆeeW keĆ¢e ueieYeie 30000 Jeie&HegĆ¢Å” DeeefOekeƤĆe/DeĆøeĆegĆ²eĆ¢ #es$e mejW[j keĆ¢j efoĆee nw, efpememes efkeĆ¢jeS keĆ¢er yeĆele ngF& nw.
ā¢ efkeĆ¢jeĆeeW ceW nes jner efvejblej Je=efƦ kesĆ¢ ceƶsvepej GheueyOe heefjmejeW kesĆ¢ hetCe& GheĆeesie keĆ¢er DeeJeMĆekeĆ¢lee cenmetme keĆ¢er pee jner nw; leodvegmeej MeeKeeDeeW/ keĆ¢eĆee&ueĆeeW kesĆ¢ veJeerkeĆ¢jCe leLee HeĆ¢e|veeEMeie keĆ¢jles meceĆe heĆee&JejCe kesĆ¢ DevegketĆ¢ue HeĆ¢veeaĆej GheĆeesie keĆ¢er MegĀ¤Deele keĆ¢er ieF& nw.
ā¢ hetjs Yeejle ceW heĆefāŗeĆ¢Ćee Deewj heĆCeeueer ceW SkeĆ¢Ā¤helee keĆ¢er ĆeqĀ° mes heefjmej veerefle efoMeeefveoxMe, efvecee&Ce cewvĆegDeue, meepemeppee cewvĆegDeue lewĆeej efkeĆ¢S ieS nQ.
efvecee&CeeOeerve heefjĆeespeveeSb
ā¢ ceFueehegj, ĆesVew ceW DebĆeue keĆ¢eĆee&ueĆe MeeKee leLee keĆ¢jWmeer ĆesmÅ” nsleg JĆeeJemeeefĆekeĆ¢ heefjmej kesĆ¢ efvecee&Ce keĆ¢e keĆ¢eĆe& Debeflece ĆejCe ceW nw leLee FmekesĆ¢ petve 2012 kesĆ¢ Deble lekeĆ¢ hetje nesves keĆ¢er mecYeeJevee nw.
ā¢ mesveesÅ”e@he jes[ ĆesVew ceW keĆ¢eĆe&heeuekeĆ¢eW leLee Deefle cenlJehetCe& DeefleefLeĆeeW kesĆ¢ DeeJeeme/efveJeeme nsleg DeeJeemeerĆe heefjmej keĆ¢e efvecee&Ce keĆ¢eĆe& Debeflece ĆejCe ceW nw, leLee petve 2012 kesĆ¢ Deble lekeĆ¢ heefjmej DeefOeieĆnCe keĆ¢j efueS peeves keĆ¢er mecYeeJevee nw.
ā¢ F&mÅ” Dee@HeĆ¢ kewĆ¢ueeMe, veF& efouueer ceW DeeJeemeerĆe heefjmej keĆ¢e keĆ¢eĆe& hetje nesves kesĆ¢ Debeflece ĆejCe ceW nw.
ā¢ Å”eÅ”e veiej peceMesohegj ceW #es$eerĆe keĆ¢eĆee&ueĆe,jerpeveue yewkeĆ¢ DeeefHeĆ¢me, heĆefMe#eCe kesĆ¢vƵ leLee 25 HeƤuewÅ”dme Jeeues JeeefCeeqpĆekeĆ¢ SJeb DeeJeemeerĆe heefjmej kesĆ¢ efvecee&Ce keĆ¢e keĆ¢eĆe& hetje nesves kesĆ¢ Debeflece ĆejCe ceW nw.
mecheoe heĆyevOeve mebyebOeer YeeJeer ĆeespeveeSb
ā¢ yeQkeĆ¢ kesĆ¢ mebmeo ceeie&, veF& efouueer eqmLele YeJeve keĆ¢es megvoj SJeb DeekeĆ¢<e&keĆ¢ yeveevee.
ā¢ keĆ¢esĆebyeletj eqmLele jeceveiej heefjmej kesĆ¢ peerCeexƦej keĆ¢e keĆ¢eĆe& leeefkeĆ¢ MeeKee/DeefOekeĆ¢eefjĆeeW kesĆ¢ HeƤuewÅ”eW kesĆ¢ efueS GheueyOe mLeeve keĆ¢e DeefOekeĆ¢lece GheĆeesie efkeĆ¢Ćee pee mekesĆ¢.
ā¢ nwojeyeeo ceW ef[peemÅ”j efjkeĆ¢Jejer meeFÅ” kesĆ¢ efueS yeQkeĆ¢ kesĆ¢ Deheves YeJeve keĆ¢e efvecee&Ce keĆ¢eĆe&.
ā¢ yeWieuetĀ¤ ceW heĆefMe#eCe kesĆ¢vƵ leLee peĆehegj ceW DebĆeue keĆ¢eĆee&ueĆe YeJeve keĆ¢e efvecee&Ce
ā¢ yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe metĆevee heĆewĆ eesefiekeĆ¢er mebmLeeve ieebOeerveiej (iegpejele) keĆ¢e veJeerkeĆ¢jCe
ā¢ cegcyeF& ceW mLeeveebleefjle DeefOekeĆ¢eefjĆeeW /keĆ¢eĆe&heeuekeĆ¢eW kesĆ¢ efueS 138 DeeJeemeerĆe HeƤuewÅ”eW kesĆ¢ Yeeb[ghe mÅ”eHeĆ¢ keƤJeeÅ”&me& YeJeve keĆ¢e peerCeexƦej.
ā¢ Fvoewj (ceOĆeheĆosMe) ceW DeeJeemeerĆe SJeb JĆeeJemeeefĆekeĆ¢ heefjmej keĆ¢e efvecee&Ce.
ā¢ Yeejle mejkeĆ¢ej kesĆ¢ efoMeeefveoxMeeW kesĆ¢ DevegĀ¤he YeejleJe<e& ceW HewĆ¢ues efJeefYeVe kesĆ¢vƵeW hej yeĆ[ewoe mJejespeieej efJekeĆ¢eme mebmLeeveeW keĆ¢e efvecee&Ce.
MeeKee vesÅ”Jeke&Ć¢31 ceeĆe& 2012 keĆ¢es yeQeEkeĆ¢ie mesJeeSb heĆoeve keĆ¢jves-Jeeues hejchejeiele ĆewveueeW keĆ¢e efJeJejCe veerĆes efoĆee ieĆee nw .Ćes Ćewveue (kesĆ¢vƵ) Menjer Å”skeƤvees mesJeer ueesieeW Ćeje meeceevĆele: DeheveeS peeves-Jeeues F&-yeQeEkeĆ¢ie ĆewveueeW keĆ¢er leguevee ceW meeceevĆe ieĆenkeĆ¢eW keĆ¢es JĆeefĆ²eĆ¢iele mesJeeSb heĆoeve keĆ¢j jns nQ.
#es$eerĆe JeieeakeĆ¢jCe (Yeejle)
MeeKeeDeeW keĆ¢er mebKĆee
kegĆ¢ue MeeKeeDeeW ceW % efnmmesoejer
ceneveiej 871 22.31
Menjer 718 18.39
DeOe&- Menjer 1045 26.77
Ā«eeceerCe 1270 32.53
kegĆ¢ue 3904 100.00
efJeosMeer 55 -
Iejsuet Deveg<ebefieĆeeb Deewj menĆeesieer keĆ¢bheefveĆeebefJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe keĆ¢er Deveg<ebefieĆeeW mebĆegĆ²eĆ¢ GĆ eceeW Deewj menĆeesieer kebĆ¢heefveĆeeW keĆ¢e keĆ¢eĆe&efve<heeove meblees<epevekeĆ¢ Deewj Dehes#ee kesĆ¢ DevegĀ¤he jne. yee@ye keĆ¢e[&me efueefceÅ”s[ ves efJeĆ²eerĆe Je<e& 2011 ceW iegCeelcekeĆ¢ megOeej ope& keĆ¢jles ngS efJeĆ²eerĆe Je<e& 2012 kesĆ¢ oewjeve ueeYe keĆ¢ceeĆee. kebĆ¢heveer ves JĆeJemeeĆe efJekeĆ¢eme kesĆ¢ meYeer iegCeelcekeĆ¢ henuegDeeW hej Dehevee OĆeeve keWĆ¢eqvƵle efkeĆ¢Ćee, heefjCeecemJeĀ¤he ueeYeheĆolee iegCeJeĆ²eehejkeĆ¢ keĆ¢e[& DeeOeej SJeb meomĆe mebmLeeve DeeOeej ceW megOeej ope& efkeĆ¢Ćee ieĆee.
yee@ye kewĆ¢efheÅ”ue ceekexĆ¢Å” efueefceÅ”s[ keĆ¢es SkeĆ¢ JĆeeJemeeefĆekeĆ¢ meerF&Dees keĆ¢er efveĆegefĆ²eĆ¢ Deewj JĆeeJemeeefĆekeĆ¢ Å”erce keĆ¢er Yeleea Ćeje megĆĆ{ efkeĆ¢Ćee ieĆee nw. cegKĆe OĆeeve $e+Ce mecetnve, efvepeer FeqkeƤJeÅ”er mecetnve Deewj ceekexĆ¢eEÅ”ie efāŗeĆ¢ĆeekeĆ¢ueeheeW hej nesiee. kebĆ¢heveer ves DeĆ²etĆ¢yej 2009 ceW mebmLeeiele yeĆeseEkeĆ¢ie JĆeJemeeĆe MegĀ¤ efkeĆ¢Ćee Lee Deewj Deye Ćen MeerIeĆ ner efjÅ”sue yeĆeseEkeĆ¢ie JĆeJeĆeeme keĆ¢jsieer.
yeĆ[ewoe heeĆeesefveĆej SmesÅ” cewveWpeceWÅ” kebĆ¢heveer efueefceÅ”s[ Deheves heefjĆeeueve kesĆ¢ ĆeewLes Je<e& ceW nw, kebĆ¢heveer ves efmemÅ”scesefÅ”keĆ¢ FveJesmÅ”ceWÅ” hueeve (SmeDeeĆeHeer) hej OĆeeve keWĆ¢efƵle efkeĆ¢Ćee. meceer#eeOeerve Je<e& kesĆ¢ oewjeve kebĆ¢heveer ves DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ vesÅ”Jeke&Ć¢ kesĆ¢ ceeOĆece mes meHeĆ¢ue SmeDeeF&heer DeefYeĆeeve ĆeueeĆee leLee SmeDeeF&heer jeefMe ceW GuuesKeveerĆe Je=efƦ ope& keĆ¢er.
Fbef[Ćee HeĆ¢mÅ”& ueeFHeĆ¢ FbMĆeesjWme kebĆ¢heveer efueefceÅ”s[ SkeĆ¢ mebĆegĆ²eĆ¢ GĆ eceer kebĆ¢heveer efpemeves 16 veJebyej 2009 keĆ¢es Dehevee keĆ¢ejesyeej MegĀ¤ efkeĆ¢Ćee Deewj Fmes osMe Yej ceW DeeHekesĆ¢ yeQkeĆ¢ kesĆ¢ ieĆenkeĆ¢eW mes GlmeenJeOe&keĆ¢ heĆeflemeeo efceuee. Fbef[Ćee HeĆ¢mÅ”& ves 40 heĆefleMele keĆ¢er DeefOekeĆ¢lece Je<e& oj Je<e& Je=efƦ oj ope& keĆ¢jles ngS Ćesā¦ keĆ¢eĆe&efve<heeove efkeĆ¢Ćee. efJeĆ²eerĆe Je<e& 2010 ceW 22 JeeR kebĆ¢heveer kesĆ¢ Ā¤he ceW heĆJesMe keĆ¢jles ngS Ćen kebĆ¢heveer 31 ceeĆe& 2012 keĆ¢es efvepeer kebĆ¢heefveĆeeW ceW 10 JeW mLeeve hej Dee ieF&. Fbef[Ćee HeĆ¢mÅ”& ves yeĆ[ewoe HeĆ¢mÅ”& leLee DeYeĆe HeĆ¢mÅ”& pewmes mebyebefOele GlheeoeW keĆ¢er MegĀ¤Deele keĆ¢er.
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(Ā®.ueeKe ceW)
mebmLee (hebpeerkeĆ¢jCe keĆ¢er leejerKe kesĆ¢ meeLe)
osMe mJeeefOeke=Ć¢le efveefOeĆeeb
kegĆ¢ue DeeefmleĆeeb
MegƦ ueeYe
keĆ¢eĆee&ueĆe mÅ”eHeĆ¢
yee@ye kewĆ¢efheÅ”ue ceekexĆ¢Å” efue., 11 ceeĆe&, 1996
Yeejle12994.38 14141.87 737.04 1 36
yee@yekeĆ¢e[d&me efue., 29 efmelebyej, 1994
Yeejle12623.72 14002.31 1280.07 34 124
yeĆ[ewoe heeĆeesefveĆej SmesÅ” cewvespeceWÅ” kebĆ¢heveer efue., 5 veJebyej, 1992
Yeejle36688.15 396009.32 6118.34 104 851
Fbef[ĆeeHeĆ¢mÅ”& ueeFHeĆ¢ FbMĆeesjWme kebĆ¢heveer efue., 19 petve, 2008
Yeejle3621.44 4096.21 -1312.36 1 69
vewveerleeue yeQkeĆ¢ efue., 31 pegueeF&, 1922
Yeejle41580.81 253516.84 -7257.78 15 1457
jepeYee<ee veerefle keĆ¢e keĆ¢eĆee&vJeĆeve
meceer#ee DeJeefOe kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ ves jepeYee<ee veerefle kesĆ¢ keĆ¢eĆee&vJeĆeve ceW GuuesKeveerĆe heĆieefle keĆ¢er nw. yeQkeĆ¢ ves jepeYee<ee DeefOeefveĆece /jepeYee<ee efveĆeceeW keĆ¢er efJeefYeVe mebJewOeeefvekeĆ¢ DeeJeMĆekeĆ¢leeDeeW keĆ¢e Devegheeueve megefveeqĀ§ele efkeĆ¢Ćee. yeQkeĆ¢ ves Yeejle mejkeĆ¢ej Ćeje Jeee|<ekeĆ¢ keĆ¢eĆee&vJeĆeve keĆ¢eĆe&āŗeĆ¢ce kesĆ¢ lenle efveOee&efjle meYeer heĆcegKe ue#ĆeeW keĆ¢es heĆehle efkeĆ¢Ćee leLee mebmeoerĆe jepeYee<ee meefceefle keĆ¢es efoS ieS DeeĆeemeveeW keĆ¢es hetje efkeĆ¢Ćee.
yeQkeĆ¢ kesĆ¢ GuuesKeveerĆe keĆ¢eĆe&efve<heeove kesĆ¢ HeĆ¢uemJeĀ¤he yeQkeĆ¢ keĆ¢es YeejleerĆe efjpeJe& yeQkeĆ¢ jepeYee<ee Meeru[ heĆefleĆeesefielee kesĆ¢ Debleie&le Yeeef<ekeĆ¢ #es$e ākeĆ¢ā ceW heĆLece leLee Yeeef<ekeĆ¢ #es$e āKeāleLee āieā ceW efĆleerĆe hegjmkeĆ¢ej heĆoeve efkeĆ¢Ćee ieĆee. DeehekesĆ¢ yeQkeĆ¢ keĆ¢er ie=nheef$ekeĆ¢e āyee@yecew$eerā keĆ¢es YeejleerĆe efjpeJe& yeQkeĆ¢ mes ĆeewLee hegjmkeĆ¢ej heĆehle ngDee. peĆehegj leLee yeĆ[ewoe ceW DeeHekesĆ¢ yeQkeĆ¢ kesĆ¢ mebĆeespeve ceW keĆ¢eĆe&jle veiej jepeYee<ee keĆ¢eĆeeĆJeĆeve meefceefleĆeeW kesĆ¢ GuuesKeveerĆe keĆ¢eĆe& efve<heeove kesĆ¢ efueS Yeejle mejkeĆ¢ej, jepeYee<ee efJeYeeie Ćeje āŗeĆ¢ceMe: heĆLece SJeb efĆleerĆe hegjmkeĆ¢ej heĆehle ngS. DeehekesĆ¢ yeQkeĆ¢ keĆ¢er ie=nheef$ekeĆ¢e De#eĆĆeced keĆ¢es āS yeer meer DeeF&ā Ćeje YeejleerĆe Yee<ee heĆkeĆ¢eMeve mebJeie& ceW āieesu[ heĆeFpeā, Deheveer yeele keĆ¢es efJeefMeĀ° keĆ¢euece (Yee<ee) mebJeie& ceW āyeĆebpe heĆeFpeā, āveJeefvecee&Ce vĆetpe uesÅ”jā keĆ¢es veS heĆkeĆ¢eMeve mebJeie& ceW āyeĆebpe heĆeFpeā leLee yeQkeĆ¢ keĆ¢er JesyemeeFÅ” keĆ¢es JesyemeeFÅ” mebJeie& ceW āefmeuJej heĆeFpeā heĆoeve efkeĆ¢S ieS.
DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ mebĆeespeve ceW keĆ¢eĆe&jle veiej jepeYee<ee keĆ¢eĆee&vJeĆeve meefceefleĆeeW ves Deheves GĆ²ejoeefĆelJeeW keĆ¢es yeKetyeer efveYeeĆee nw. Je<e& kesĆ¢ oewjeve DeehekesĆ¢ yeQkeĆ¢ kesĆ¢ mebĆeespeve ceW metjle, jepekeĆ¢esÅ” leLee peesOehegj ceW leerve veF& veiej jepeYee<ee keĆ¢eĆee&vJeĆeve meefceefleĆeeb ieef"le keĆ¢er ieFĆ.
yeQkeĆ¢ ves Yeejle mejkeĆ¢ej keĆ¢er jepeYee<ee veerefle kesĆ¢ heĆYeeJeer keĆ¢eĆee&vJeĆeve kesĆ¢ efueS #es$eerĆe keĆ¢eĆee&ueĆeeW kesĆ¢ efueS 28 veS efJeMes<e%e efnvoer DeefOekeĆ¢eefjĆeeW keĆ¢er Yeleea keĆ¢er nw.
mebmeoerĆe jepeYee<ee meefceefle keĆ¢er le=leerĆe Ghemeefceefle ves DeehekesĆ¢ yeQkeĆ¢ keĆ¢er ceveeueer MeeKee keĆ¢e oewje efkeĆ¢Ćee leLee jepeYee<ee keĆ¢eĆee&vJeĆeve kesĆ¢ #es$e ceW yeQkeĆ¢ Ćeje efkeĆ¢S ieS heĆĆeemeeW keĆ¢er mejenvee keĆ¢er.
DeehekesĆ¢ yeQkeĆ¢ ves Deheveer meYeer MeeKeeDeeW (pees efkeĆ¢ meer yeer Sme ceW Dee ĆegkeĆ¢er nQ) kesĆ¢ efHeĆ¢veekeĆ¢ue efmemÅ”ce ceW āeqmāŗeĆ¢hÅ” cewefpekeĆ¢ā meeHeĆ¤Å”dJesĆej keĆ¢er MegĀ®Deele keĆ¢er nw leLee ākeĆ¢ā leLee āKeā #es$e ceW heemeyegkeĆ¢ /KeeleeW keĆ¢er efJeJejefCeĆeeb leLee DevĆe efjheesÅ”& efnvoer ceW pevejsÅ” SJeb eEheĆÅ” keĆ¢jvee heĆejbYe keĆ¢j efoĆee nw.efnvoer ceW F&- yeguesefÅ”ve āyeĆ[ewoe efnvoer [e@Å” keĆ¢e@ceā keĆ¢e heĆkeĆ¢eMeve lekeĆ¢veerkeĆ¢ /heĆewĆ eesefiekeĆ¢er kesĆ¢ ceeOĆece mes efnvoer keĆ¢e heĆĆeesie ye{eves keĆ¢e keĆ¢eĆe& keĆ¢j jne nw.
efveosMekeĆ¢ ceb[ueĆeer megoMe&ve mesve keĆ¢es kesĆ¢vƵ mejkeĆ¢ej Ćeje efoveebkeĆ¢ 30-05-2011 mes yeQkeĆ¢keĆ¢ejer keĆ¢cheveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9 (3) (meer) kesĆ¢ Debleie&le Deeieeceer DeeosMeeW lekeĆ¢ efveosMekeĆ¢ kesĆ¢ Ā¤He ceW veeefcele efkeĆ¢Ćee ieĆee.
Ćeer efJeefveue kegĆ¢ceej mekeƤmesvee keĆ¢es kesĆ¢vƵ mejkeĆ¢ej Ćeje efoveebkeĆ¢ 25-07-2011 mes yeQkeĆ¢keĆ¢ejer keĆ¢cheveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9(3)(F&) kesĆ¢ Debleie&le leerve Je<e& keĆ¢er DeJeefOe DeLeJee GvekesĆ¢ yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe ceW Jeke&Ć¢cesve keĆ¢ce&Ćeejer yeves jnves DeLeJee Deeieeceer DeeosMeeW lekeĆ¢, FveceW mes pees Yeer henues nes Jeke&Ć¢cesve keĆ¢ce&Ćeejer efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveĆegĆ²eĆ¢ efkeĆ¢Ćee ieĆee.
Ćeer ceewefueve DejefJevo Jew<CeJe efoveebkeĆ¢ 23-12-2011 keĆ¢es DeeĆeesefpele DemeeOeejCe meeceevĆe yew"keĆ¢ ceW yeQkeĆ¢keĆ¢ejer keĆ¢cheveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9(3) (i) kesĆ¢ lenle 24-12-2011 mes 23-12-2014 lekeĆ¢ leerve Je<e& keĆ¢er DeJeefOe kesĆ¢ efueS yeQkeĆ¢ kesĆ¢ kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje efveosMekeĆ¢ kesĆ¢ Ā¤he ceW hegvee|veJee&efĆele ngS.
Ćeer megjsvƵ eEmen Yeb[ejer efoveebkeĆ¢ 23-12-2011 keĆ¢es DeeĆeesefpele DemeeOeejCe meeceevĆe yew"keĆ¢ ceW yeQkeĆ¢keĆ¢ejer keĆ¢cheveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9(3) (i) kesĆ¢ lenle 24-12-2011 mes 23-12-2014 lekeĆ¢ leerve Je<e& keĆ¢er DeJeefOe kesĆ¢ efueS yeQkeĆ¢ kesĆ¢ kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveJee&efĆele ngS.
Ćeer jepeerJe MesKej meent efoveebkeĆ¢ 23-12-2011 keĆ¢es DeeĆeesefpele DemeeOeejCe meeceevĆe yew"keĆ¢ ceW yeQkeĆ¢keĆ¢ejer keĆ¢cheveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9(3) (i) kesĆ¢ lenle 24-12-2011 mes 23-12-2014 lekeĆ¢ leerve Je<e& keĆ¢er DeJeefOe kesĆ¢ efueS yeQkeĆ¢ kesĆ¢ kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveJee&efĆele ngS.
Ćeer Deej. ieebOeer, pees kesĆ¢vƵ mejkeĆ¢ej Ćeje efoveebkeĆ¢ 30-07-2010 mes Deeieeceer DeeosMeeW lekeĆ¢ yeQkeĆ¢keĆ¢ejer keĆ¢cheveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9(3) (meer) kesĆ¢ lenle efveosMekeĆ¢ veeefcele efkeĆ¢S ieS Les, GvekesĆ¢ mLeeve Hej Ćeer megoMe&ve mesve keĆ¢e efveosMekeĆ¢ kesĆ¢ Ā¤he ceW veeceebkeĆ¢ve nesves kesĆ¢ heĀ§eele Jes 30.05.2011 mes efveosMekeĆ¢ kesĆ¢ heo hej vener jns.ceneceefnce jeā^Heefle Ćeerceleer ĆøeefleYee osJeer efmebn HeeefÅ”ue mes jepeYee<ee Meeru[
ĆøeeHle keĆ¢jles ngS Ćeer yeer. yeer. ieie&, ceneĆøeyebOekeĆ¢
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[e. OecexvƵ Yeb[ejer, pees yeQkeĆ¢keĆ¢ejer keĆ¢cheveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9(3) (i) kesĆ¢ lenle 24-12-2008 mes 23-12-2011 lekeĆ¢ keĆ¢er leerve Je<e& keĆ¢er DeJeefOe kesĆ¢ efueS kesĆ¢vƵ mejkeĆ¢ej kesĆ¢ DeueeJee MesĆejOeejkeĆ¢eW Ćeje efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveJee&efĆele ngS Les, Dehevee keĆ¢eĆe&keĆ¢eue Hetje nesves kesĆ¢ heĀ§eele Jes 24-12-2011 mes efveosMekeĆ¢ kesĆ¢ heo hej veneRr jns.
[e. oerHekeĆ¢ yeer. HeĆ¢eÅ”keĆ¢, pees yeQkeĆ¢keĆ¢ejer keĆ¢cheveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9(3) (i) kesĆ¢ lenle 24-12-2008 mes 23-12-2011 lekeĆ¢ keĆ¢er leerve Je<e& keĆ¢er DeJeefOe kesĆ¢ efueS yeQkeĆ¢ kesĆ¢ kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveJee&efĆele ngS Les, Dehevee keĆ¢eĆe&keĆ¢eue meceehle nesves kesĆ¢ heĀ§eele Jes 24-12-2011 mes efveosMekeĆ¢ kesĆ¢ heo hej veneRr jns.
efveosMekeĆ¢eW keĆ¢e oeefĆelJe mebyebOeer DeefYekeĆ¢LeveefveosMekeĆ¢ ieCe, Fme DeeMeĆe keĆ¢er hegeqĀ° keĆ¢jles nQ efkeĆ¢ 31 ceeĆe& 2012 keĆ¢es meceehle Je<e& kesĆ¢ efueS Jeee|<ekeĆ¢ uesKee lewĆeej keĆ¢jles meceĆe
ā¢ cenlJehetCe& efJemebieefleĆeeW, Ćeefo keĆ¢esF& nes kesĆ¢ mecegefĆele mheĀ°erkeĆ¢jCe meefnle uesKee ceevekeĆ¢eW keĆ¢e hetCe&le: heeueve efkeĆ¢Ćee ieĆee nw.
ā¢ YeejleerĆe efjpeJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeevegmeej lewĆeej keĆ¢er ieF& uesKee veerefleĆeeW keĆ¢e efvejblej heeueve efkeĆ¢Ćee ieĆee nw.
ā¢ efJeĆ²e Je<e& keĆ¢er meceeeqhle hej yeQkeĆ¢ kesĆ¢ keĆ¢eĆe&heeuekeĆ¢eW keĆ¢er eqmLeefle leLee 31 ceeĆe& 2012 keĆ¢es meceehle Je<e& kesĆ¢ efueS yeQkeĆ¢ kesĆ¢ ueeYe keĆ¢er JeemleefJekeĆ¢ SJeb megmheĀ° eqmLeefle heĆmlegle keĆ¢jves keĆ¢er ĆeqĀ° mes leke&Ć¢mebiele Deewj efJeJeskeĆ¢hetCe& efveCe&Će SJeb DeekeĆ¢ueve efkeĆ¢S ieS nQ.
ā¢ Yeejle ceW yeQkeĆ¢eW hej ueeiet efveĆeceeW mebyebOeer heĆeJeOeeveeW kesĆ¢ DevegĀ¤he GefĆele uesKeebkeĆ¢ve efjkeĆ¢e[& lewĆeej jKeves kesĆ¢ efueS mecegefĆele SJeb heĆee&hle meeJeOeeveer yejleer ieF& nw leLee,
ā¢ uesKeeW keĆ¢es GĆ²ejesĆ²ej peerJeble (kebĆ¢meve&) DeeOeej hej lewĆeej efkeĆ¢Ćee ieĆee nw.
DeeYeejefveosMekeĆ¢ieCe, Yeejle mejkeĆ¢ej, YeejleerĆe efjpeJe& yeQkeĆ¢, YeejleerĆe heĆefleYetefle SJeb efJeefveceĆe yees[&, DevĆe efJeefveceeĆekeĆ¢ heĆeefOekeĆ¢eefjĆeeW, efJeefYeVe efJeĆ²eerĆe mebmLeeveeW, yeQkeĆ¢eW leLee efJeosMeebs SJeb Yeejle eqmLele heĆefleefveefOeĆeeW Ćeje efoS ieS ceeie&oMe&ve SJeb menĆeesie kesĆ¢ efueS GvekesĆ¢ heĆefle DeeYeej heĆkeĆ¢Å” keĆ¢jles nQ. efveosMekeĆ¢ieCe, DeeHekesĆ¢ yeQkeĆ¢ kesĆ¢ osMe-efJeosMe efmLele mecemle efnle OeejkeĆ¢eW ĆeLee Ā«eenkeĆ¢eW, MesĆejOeejkeĆ¢eW SJeb MegYeeEĆelekeĆ¢eW kesĆ¢ Ćeje Ćøeole meneĆelee SJeb menĆeesie keĆ¢er mejenvee keĆ¢jles nQ. efveosMekeĆ¢ieCe, efJeefYeVe mlejeW hej keĆ¢eĆe&jle mÅ”eHeĆ¢ meomĆeeW keĆ¢er heĆefleyeƦlee SJeb keĆ¢Ć[er cesnvele keĆ¢er mejenvee keĆ¢jles nQ efpemekesĆ¢ keĆ¢ejCe yeQkeĆ¢ keĆ¢es Deee|LekeĆ¢ ĆegveewefleĆeeW kesĆ¢ yeeJepeto Je<e&-oj Je<e& GĆĆe iegCeJeĆ²eehetCe& JĆeJemeeĆe Dee|pele keĆ¢jves ceW meHeĆ¢uelee neefmeue ngF& Deewj yeQkeĆ¢ ves osMe kesĆ¢ DeieĆCeer yeQkeĆ¢ kesĆ¢ Ā¤he ceW Deheveer eqmLeefle keĆ¢es cepeyetle efkeĆ¢Ćee.
efveosMekeĆ¢ ceb[ue kesĆ¢ efueS Deewj GvekeĆ¢er Deesj mes.
Sce.[er. ceuĆeeDeOĆe#e SJeb ĆeyebOe efveosMekeĆ¢
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DiRECtORSā REPORt
Performance highlights
ā¢ total Business (Deposit+Advances) increased to Rs 6,72,248 crore reflecting a growth of 25.86%.
ā¢ Gross Profit and net Profit were Rs 8,580.62 crore and Rs 5,006.96 crore respectively. Net Profit registered a growth of 18.04 % over previous year.
ā¢ Credit-Deposit Ratio stood at 86.86% as against 86.77% last year.
ā¢ Retail Credit posted a growth of 9.97% constituting 17.36% of your Bankās Gross Domestic Credit in FY12.
ā¢ net interest Margin (niM) as per cent of interest earning assets in global operations was at the level of 2.97% and in domestic operations at 3.51%.
ā¢ net nPAs to net Advances stood at 0.54% this year against 0.35% last year.
ā¢ Capital Adequacy Ratio (CAR) as per Basel II stood at 14.67%.
ā¢ net Worth improved to Rs 26,203.67 crore registering a rise of 32.67%.
ā¢ Book Value improved from Rs 504.43 to Rs 637.37 on year.
ā¢ Business per Employee moved up from Rs 1,229 lakh to Rs 1,466 lakh on year.
Segment-Wise PerformanceThe Segment Results for the year FY12 reveal that the contribution of Treasury Operations was Rs 887.72 crore, that of Corporate/Wholesale Banking was Rs 965.87 crore, that of Retail Banking was Rs 2,782.37 crore, and of Other Banking Operations was Rs 2,959.73 crore. Your Bank earned
a Profit after Tax (PAT) of Rs 5,006.96 crore after deducting Rs 1,569.89 crore of unallocated expenditure and Rs 1,018.84 crore towards provision for tax.
Dividend
Your Bankās Directors have proposed a dividend of Rs 17 per share (on the face value of Rs 10/-per share) for the year ended March 31st, 2012. The total outgo in the form of dividend, including taxes, will be Rs 812.29 crore.
Capital Adequacy Ratio (CAR)
Your Bankās Capital Adequacy Ratio (CAR) was comfortable at 14.67% under Basel ii as on 31st March 2012.
Your Bankās Net Worth as at 31st March 2012 was Rs 26,203.67 crore comprising paid-up equity capital of Rs 412.38 crore and reserves (excluding revaluation reserves) of Rs 25,791.29 crore. An amount of Rs 4,194.67 crore was transferred to reserves from the profits earned.
Provisions towards Retirement and Other Benefits
During the year FY12, your Bank made provision towards contribution to gratuity (Rs 145.63 crore), pension funds (Rs 671.88 crore), leave encashment (Rs 93.46 crore) and additional retirement benefits (Rs 80.97 crore) on actuarial basis. Total provisions under these four categories amounted to Rs 991.94 crore during the year FY12, against Rs 1,160.42 crore during FY11. Total corpus available with your Bank at the end of March 2012 under these heads was: Rs 1,416.85 crore (gratuity), Rs 5,935.62 crore (pension funds), Rs 566.01 crore (leave encashment), and Rs 446.62 crore (additional retirement benefits).
Your Directors have pleasure in presenting the One Hundred
and Fourth Annual Report of Your Bank with the audited Balance
Sheet, Profit & Loss Account and the Report on Business and
Operations for the year ended March 31, 2012 (FY12).
Key Financial RatiosParticulars FY12 FY11
Return on Average Assets (ROAA) (%) 1.24 1.33
Average Cost of Funds (%) 5.64 4.67
Average Yield (%) 8.55 7.76
Average Interest Earning Assets (Rs crore) 3,47,223.21 2,82,109.79
Average Interest Bearing Liabilities (Rs crore) 3,43,397.26 2,80,098.94
Net Interest Margin (%) 2.97 3.12
Cost-Income Ratio (%) 37.55 39.87
Book Value per Share (Rs) 637.37 504.43
EPS (Rs) 127.84 116.37
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Management Discussion and AnalysisEconomic Scene in FY12 and Outlook for FY13The Central Statistical Organisation, Government of India has placed Indiaās economic growth during FY12 at 6.9% much lower than the growth of 8.4% witnessed during the previous two fiscal years. During FY12, while the economy could draw support from relatively robust agriculture and services, the slowdown was quite acute in industrial sector. The growth in industrial production significantly decelerated from 8.2% in FY11 to 2.8% in FY12. Within the industrial sector, maximum stresses were seen in mining, capital goods & intermediate goods sectors, which posted negative growth rates during the year FY12. Factors like sustained input cost pressures, shortages of important intermediates like coal and iron ore, uncertainty in land acquisition and environment clearances, sharp depreciation in rupee of 19.0% against the US dollar between end-Dec, 2010 and end-Dec, 2011 substantially depressed the investment sentiment during FY12.
Both investment and savings rates declined significantly between FY10 and FY12. As per the International Monetary Fundās (IMF) calculation, Indiaās savings rate declined from 33.5% in FY10 to 31.3% in FY12 and investment rate from 36.3% in FY10 to 34.0% in FY12. According to RBI, the deceleration in capital formation is apparent in the sharp moderation in the number/outlay of projects sanctioned by major banks and financial institutions during FY12. The decline in financial assistance was particularly acute for āmetal & metal productsā and power industries.
Inflationary risks persisted throughout FY12 with headline (WPI) inflation averaging around 8.8% for the full year. Headline inflation, which was at 10.0% in Sept, 2011, however eased to 6.69% in Mar, 2012 on account of a seasonal decline in certain food prices and favourable base effect. After raising the policy rate by 375 bps during Mar, 2010 to Oct, 2011 to contain inflation and anchor inflation expectations, the RBI paused in its policy review in Dec, 2011. The emerging growth-inflation dynamics prompted the central bank to indicate that no further tightening was required and that future actions would be towards lowering the rates.
Indiaās balance of payments (BoP) came under stress during FY12 due to deterioration of the trade balance and moderation in capital inflows. While exports grew at the modest pace of 21.0% (y-o-y) to US$ 304 billion in FY12, imports grew by 32.2% to US$ 489 billion, widening Indiaās trade deficit from US$ 119 billion in FY11 to US$ 185 billion in FY12. Notwithstanding the rupee depreciation, the trade deficit increased in FY12 primarily due to a slowdown in global demand, inadequate passthrough of higher global oil prices and the relatively price inelastic nature of some of Indiaās imports like gold and silver. Indiaās current account deficit is expected to touch 4.0% of GDP in FY12. After the boom in FII inflows in FY11, rising global risk aversion and domestic policy concerns reduced the FII inflows by 43.0%
(y-o-y) in FY12 to US$ 16.8 billion. This was the lowest FII investment in the last three years. Investment in Indian ADRs and GDRs too declined in FY12 to US$ 597 million.
Foreign Direct Investment (FDI) in India, however, spiked 34.0% (y-o-y) in FY12 to a record US$ 46.8 billion thanks to a spate of some big ticket deals like Vedanta or British BP, etc.
In nominal terms, Indiaās rupee depreciated by 18.3% against the US dollar from the last week of Aug, 2011 to mid-Dec, 2011 after being largely range-bound during the first four months of FY12. Subsequently, the exchange rate stabilized in response to the measures taken by the RBI and the Government aimed at improving dollar supply in the foreign exchange market as also to curb speculation.
Lower tax revenues, poor disinvestment receipts and higher spending on subsidies pushed up the central governmentās fiscal deficit to 5.9% of GDP in FY12 as against the target of 4.6%.
Going forward into FY13, assuming a normal monsoon, the baseline GDP growth is projected at 7.3% by the RBI in its Annual Monetary Policy Statement for FY13 on the back of marginally improved global outlook and expected revival in domestic investment sentiment. Inflation, however, is forecast to remain above the RBIās comfort zone and placed at 6.5%. The fiscal correction, as indicated in the Union Budget for FY13, along with other policy measures to address supply-side bottlenecks in agriculture, energy and transport sectors, are expected to create conditions for revival of investment activity in India during FY13.
Performance of indian Banking Sector in FY12 and Outlook for FY13Credit growth of Indian commercial banks had been showing a decelerating trend from Dec, 2010 on the back of elevated inflation, interest rates and intensification of supply-side constraints. The year FY12 ended with bank credit growth of 19.3% and aggregate deposit growth of 17.4%. Even though the divergence between credit and deposit growth rates had narrowed during the first three quarters of FY12, it widened during the fourth quarter due to a sharper deceleration in deposit growth in Q4, FY12. This resulted in increased dependence of commercial banks on non-deposit sources of finance (i.e., borrowings) during Q4, FY12.
While the deceleration in bank credit growth was contributed by all the sectors, i.e., agriculture, industry, services and personal loans, the RBI data showed that the deceleration was particularly sharp in agriculture, real estate, hotels & restaurants, professional services, telecommunication, power, cement, textiles, iron & steel and personal vehicle loans.
Increasing stress in the corporate sector was reflected in the quantum jump in the corporate debt that came up for restructuring before the Corporate Debt Restructuring Cell
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during FY12. According to RBI, the Indian banking sector, in general became risk averse during FY12 to avoid the possibility of adverse selection in the given economic environment. As per the RBIās report, the Gross NPA ratio of the Indian banking industry worsened by 59 basis points (bps) between end-Mar, 2011 to end-Dec, 2011 due to continued economic stresses and capital to risk-weighted asset ratio (CRAR) of Banking industry deteriorated by 91 bps during the said period. These factors appear to have negatively impacted the Banking sectorās capacity to extend credit during FY12. As a result, there was a compositional shift in Banksā asset portfolio in favour of investments in government securities.
Liquidity conditions remained in a deficit mode throughout FY12. However, beginning Nov, 2011, the liquidity deficit went beyond the comfort level of (+)/(-) one per cent of net demand and time liabilities (NDTL) of banks. As a result, the RBI took steps to inject primary liquidity of a more durable nature in the form of open market operations and the aggressive cuts in the cash reserve ratio (by 125 bps during Jan - Mar, 2012), which helped ease the liquidity tightness to a great extent.
Going forward into FY13, the RBI has projected aggregate deposits of commercial banks to grow by 16.0% and non-food credit by 17.0% in line with the overall GDP growth of 7.3% and broad money supply growth of 15.0%. Banks with good capital strength, a balanced loan-mix, stable net interest margins (NIMs) and lower incremental delinquency ratios are likely to see decent earnings growth in FY13 also, despite subdued economic environment.
Risk Management
Risk is an exposure to a transaction which may result in a loss with some probability. In financial institutions, risk results from variations and fluctuations in assets, liabilities, incomes and outflows & inflows of cash etc. While the types and degree of risks an organization may be exposed to, depend upon a number of factors, it is believed that generally Banks face Credit, Market, Liquidity, Operational, Compliance, Legal, Regulatory and Reputation risks.
Your Bank has set up a sound Risk Management architecture wherein the risks are assumed within the risk appetites defined by your Bankās Board.
Risk Management Structure
The Board of Directors of your Bank has the authority and responsibility to implement Risk Management Architecture of your Bank. Risk Management Committee of Executives and Risk Management Committee of the Board are looking after the implementation of integrated risk management systems in your Bank.
The Sub Committee of the Board on ALM (Asset Liability Management) and Risk Management Division assist the Board
on financial risk related issues. Your Bank has a full-fledged Risk Management Department headed by a General Manager and consisting of a team of qualified, trained and experienced employees. Your Bank has set up separate committees, of Top Executives of your Bank to supervise the respective risk management functions as under.
Asset Liability Management Committee (ALCO) is a decision making unit responsible for balance sheet planning from a risk-return perspective including the strategic management of interest rate and liquidity risks. The business issues that an ALCO would consider, inter alia, typically include product pricing for both deposits and advances, desired maturity profiles of the incremental assets and liabilities, etc. It also plans out strategies to meet asset-liability mismatches.
Credit Policy Committee (CPC) has the responsibility to formulate and implement various enterprise-wide credit risk strategies including lending policies and also to monitor your Bankās credit risk management functions on a regular basis.
Operational Risk Management Committee (ORMC) has the responsibility of evaluating and taking necessary steps for mitigation of operational risk by designing and maintaining an explicit operational risk management process. It also ensures that the norms, policies and guidelines laid down in Operational Risk Management Policy are strictly adhered to.
Risk Management Policy
Your Bank has Board-approved policies and procedures in place to measure, manage and mitigate various risks that it is exposed to. In order to provide ready reference and guidance to various functionaries of the Risk Management System in your Bank, it has in place Asset Liability Management and Group Risk Policy, Domestic Loan Policy, Mid Office Policy, Off Balance Sheet Exposure Policy (domestic), Business Continuity Planning Policy, Pillar III Disclosure Policy, Operational Risk Management Policy, Internal Capital Adequacy Assessment Process (ICAAP), Stress Test, Credit Risk Mitigation and Collateral Management Policy duly approved by its Board.
Risk Management ā implementation and Monitoring System
The monitoring mechanism of major risks like Liquidity Risk, Credit Risk, Market Risk and Operational Risk are as under.
Liquidity Risk
Liquidity risk is the current and prospective risk to earnings or capital arising from a bankās inability to meet its obligations when they become due without incurring unacceptable losses. Liquidity risk includes the inability to manage unplanned decreases or changes in funding sources. Liquidity risk also arises from the failure to recognize or address changes in market conditions that affect the ability to liquidate assets quickly and with minimal loss in value.
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During the year under review, Indian banking system exhibited a stiff systemic liquidity position with some adjustments done by the central monetary authority to balance credit growth and control inflation. In your Bank, the liquidity risk is measured by its flow approach on a daily basis through Structural Liquidity Gap reports and on a dynamic basis by Dynamic Gap reports prepared every fortnight for the subsequent three months. Under Stock Approach, your Bank has established a series of caps on activities such as daily call lending, daily call borrowings, net short term borrowings and net credit to customer deposit ratio and prime asset ratio, etc. The Asset Liability Management (ALM) Cell, working in the Risk Management Department reviews the liquidity position on a daily basis to ensure that the negative liquidity gap does not exceed the tolerance limit in the respective time buckets. Your Bankās specialized Integrated Treasury Branch, Mumbai assesses the domestic liquidity in respect of all foreign currency exposures. In respect of overseas operations, each territory assesses its currency wise liquidity position at prescribed intervals. The funding requirements in case of contingencies are also examined at regular intervals to prepare your Bank to meet any exigencies of a shortfall in fundsā position. Your Bank has managed its liquidity by prudent diversification of the overall deposit base, control on the level of bulk deposits, and ready access to wholesale funds under normal market conditions. Your Bank has significant level of marketable securities, which can be sold, used for repo borrowings or as collaterals, if required.
Credit Risk
Credit risk is defined as the possibility of losses associated with decrease in the credit quality of the borrower or the counter parties. In any bankās portfolio, losses stem from outside defaults due to inability or unwillingness of the customer or the counter party to meet their commitments. Losses may also result from reduction in the portfolio value arising from actual or perceived deterioration in credit quality. In general, credit risk management processes involve identification, measurement, monitoring and control of credit exposures.
In your Bank, the Credit Risk management ensures that your Bankās risk identification and reporting controls in credit processes are adequate and functional. Top management regularly gauges your Bankās economic standing and loss-prevention strategy by reviewing risk controls.
Your Bank has various policies in place such as Domestic Loan Policy, Investment Policy, Off-Balance Sheet Exposure Policy, etc to guide its operating units. It has specified various prudential caps for credit risk exposures. Your Bank also conducts industry studies to assess the risk prevalent in industries where your Bank has sizable exposure and also for identification of sunrise industries. The industry reports are communicated to the operating functionaries to consider the same while lending to these industries.
Your Bank has adopted various credit rating models to measure the level of credit risk in a specific loan transaction. Your Bank uses a robust rating model developed to measure credit risk for majority of the business loans.
Apart from estimating PD (probability of defaults), the credit rating model would also help your Bank in several other ways as under.
ā¢ To migrate to internal rating based approaches (advanced approaches) of computation of Risk Weighted Assets.
ā¢ To price a specific credit facility considering the inherent credit risk.
ā¢ To measure and assess the overall credit risk and to evolve a desired profile of credit risk.
Apart from assessing credit risk at the counterparty level, your Bank has appropriate processes and systems to assess credit risk at the portfolio level. Your Bank undertakes portfolio reviews at regular intervals to improve the quality of the portfolio or to mitigate the adverse impact of concentration of exposures to certain borrowers, sectors or industries.
Market Risk
Market risk implies possibility of loss arising out of adverse movements of market determined rates and prices. The objective of market risk management is to avoid excessive exposure of your Bankās earnings and equity to such losses and to reduce your Bankās exposure to the volatility inherent in financial instruments such as securities, foreign exchange contracts, equity and derivative instruments, as well as balance sheet or structural positions. The primary risk that arises for your Bank as a financial intermediary is interest rate risk due to your Bankās asset-liability management activities.
Other market related risks to which any bank is exposed are foreign exchange risk on foreign currency positions, liquidity, or funding risk, and price risk on trading portfolios.
Your Bank has clearly articulated policies to control and monitor its treasury functions. These policies comprise management practices, procedures, prudential risk limits, review mechanisms and reporting systems. These policies are revised regularly at fixed intervals in line with changes in financial and market conditions.
The Interest rate risk in your Bank is measured through interest rate sensitivity gap reports and Earning at Risk. Furthermore, your Bank calculates duration, modified duration, Value at Risk for its investment portfolio consisting of fixed income securities, equities and forex positions on monthly basis. It monitors the short-term Interest rate risk by NII (Net Interest Income) perspective and long-term interest rate risk by EVE (Economic Value of Equity) perspective. The Value at Risk for the treasury positions is calculated for ten days holding period at 99.0% confidence level. The stress testing of fixed interest investment portfolio through sensitivity analysis and equities through scenario analysis is regularly conducted. Based on the RBI directions, your Bank is also estimating the Economic Value of Equity impact on a quarterly basis.
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Operational Risk
Operational risk is the risk of loss on account of inadequate or failed internal process, people and systems or external factors. As stated above, your Bankās Operational Risk Management Committee (ORMC) has the responsibility of monitoring the operational risk of your Bank. Your Bank monitors operational risk by reviewing whether its internal systems and procedures are duly complied with. It collects and analyses loss and near miss data on operational risk based on different parameters on a half yearly basis and, wherever necessary, corrective steps are taken without much loss of time.
Bankās Compliance with Basel ii
Your Bank, with a very large overseas presence amongst the Indian banks has implemented the Basel-II Guidelines effective 31st March 2008. In keeping with the guidelines of the RBI, your Bank has adopted Standardized Approach for Credit Risk, Basic Indicator Approach for Operational Risk and Standardized Duration Approach for Market Risk for computing its Capital Adequacy Ratio. Your Bank has been computing the Capital to Risk Weighted Assets Ratio (CRAR) on parallel basis under Basel-I and Basel-II Guidelines. Your Bank is also providing additional capital towards Operational Risk under the Basel II guidelines.
The CRAR of your Bank is summarized as follows.
Date Basel i Basel ii
31.03.2010 12.84% 14.36%
31.03.2011 13.02% 14.52%
31.03.2012 12.95% 14.67%
In compliance with the PillarāII guidelines of the RBI under Basel II framework, your Bank has formulated a Policy of Internal Capital Adequacy Assessment Process (ICAAP) to assess internal capital in relation to various risks that it is exposed to. Stress Testing and scenario analysis are used to assess the financial and management capability of your Bank to continue to operate effectively under exceptional but plausible conditions. Your Bank has a Board-approved Stress Testing Policy describing various techniques used to gauge their potential vulnerability and its capacity to sustain such vulnerability. Your Bank has been conducting its ICAAP tests on quarterly basis along with stress tests as per its ICAAP Policy.
The Pillar 3 of Basel II, (i.e. market discipline) aims to encourage market discipline by developing a set of disclosure requirements which will allow market participants to assess key pieces of information on the scope of application, capital, risk exposures, risk assessment processes, and hence the capital adequacy of your Bank.
The Pillarā3 Disclosures are published on quarterly and half yearly basis on your Bankās website plus a year-end disclosure as on March of every year. The year-end exposure is also published in your Bankās Annual report apart from being available on your Bankās website.
Preparedness for Basel iii
The RBI has issued final Guidelines on Basel III on May 2, 2011. A comparison of minimum capital requirement, under Basel- II vis-Ć -vis Basel- III, is given below.
Parameter Basel - ii Basel - iii
Common Equity Capital NA 5.5%
Tier I Capital 6% 7%
Total Capital 9% 9%
Capital Conservation Buffer (a buffer of capital that can be used to absorb losses during periods of financial and economic stress.) (in the form of Common Equity)
NA 2.5%
Basel III guidelines of RBI have also introduced (i) a minimum Leverage Ratio of 4.5% as an additional standard of riskiness of a banksā balance sheet. (ii) Liquidity standards by way of two liquidity ratios namely Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (nSFR).
During the parallel run between January, 2013 and January, 2017, banks will strive to maintain a minimum Leverage Ratio of 4.5%. The regulatory leverage ratio requirements would be prescribed by RBI after a parallel becomes effective from Jan 1, 2018.
The LCR requires a bank to hold sufficient high-quality liquid assets to cover its total stressed net cash outflows over 30 days. The nSFR requires a bank to hold available amount of stable funding to exceed the required amount of stable funding over a one-year period of extended stress.
With the quantum and quality of capital that your Bank is having in its books, with common equity constituting 93.05% of Tier I Capital as on March 2012, it is hoped that your Bankās transition to Basel III regime would be met without much difficulty up to FY14. But moving ahead your Bank may have to supplement capital funds, especially common equity funds, for FY15 and onwards.
Credit Monitoring FunctionA continuous monitoring of credit is one of the most important tools for ensuring the quality of advances assets for any bank. Your Bank too has a well-established system of monthly monitoring of its advances accounts at various levels to prevent asset quality slippages and to take timely corrective steps to improve the quality of its overall loan-book.
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In your Bank, a separate department for Credit Monitoring function at the Corporate level, headed by a General Manager, and one at the Regional/Zonal level, has been functional since September 2008. The Slippage Prevention Task Force formed at all Zonal/Regional offices in terms of your Bankās Domestic Loan Policy was activated for the purpose of arresting slippages and also for initiating necessary restructuring in potentially sick accounts at an early stage in conformity with the laid down norms and guidelines. Your Bank has placed special focus on sharpening of the credit monitoring process for improving the asset quality, identifying the areas of concern and the branches requiring special attention. It has also worked out strategies to ensure implementation in a time-bound manner.
The primary objectives of your Bankās Credit Monitoring Department at the Corporate level are fixed as under:ā¢ Identification of weakness/Potential default/incipient
sickness in the account at an early stage;
ā¢ Initiation of suitable and timely corrective actions for preventing impairment in credit quality, whenever signals are noticed in any account, e.g. decline in credit rating, delay in meeting liabilities in LC/Guarantee and delay in servicing of interest/ installments etc;
ā¢ Prevention of slippage in the Asset Classification and relegation in Credit Ratings through a vigorous follow up;
ā¢ Identification of suitable cases for restructuring/ rescheduling/ rephasement as well as further financing in deserving and genuine cases with matching contribution from the borrower; Liaison with CDR Cell and Zonal/Regional Offices.
ā¢ Taking necessary steps/regular follow up, for review of accounts and compliance of terms and conditions, thereby improving the quality of your Bankās credit portfolio;
ā¢ Endeavoring for upward migration of Credit Ratings.
ā¢ Monitoring progress of accounts under BIFR.
Restructuring of Advances AccountsAs a part of an on-going business strategy to improve upon the quality of assets, your Bank has reaffirmed the need to look into the advance portfolio on a continuous basis, industry-wise as well as borrower-wise, to analyze the present position and the problems foreseen in near future and to identify weaknesses/potential default/incipient sickness in the advance accounts at an early stage so as to initiate suitable and timely corrective measures for preventing impairment in credit quality.
Your Bankās Credit Monitoring department at Corporate Office has taken several initiatives in identifying the incipient sickness/potential default/weaknesses in the advance accounts for taking corrective actions including restructuring in deserving cases, for prevention of slippage and maintaining asset quality. The department had called for suggestions from Zonal and Regional Offices for modification of Monthly Monitoring Report (MMR) format. The MMR was modified, incorporating suggestions of these operational units to make it more effective.
Your Bank has also initiated follow up actions for ensuring expeditious review of accounts, compliance of terms and conditions, up-gradation in credit rating etc. in high value advance accounts for improving the asset quality of its credit portfolio.
Total Outstanding of the accounts restructured during the course of FY12 was as follows as on 31st Mar, 2012
Outstanding of Restructured Loans in FY12 (Domestic) (Position as on 31st March, 2012)
(` crore)
Particulars CDR Mechanism SME Restructuring Others total
Standard Advances Restructured
No. of Borrowers 16 274 9,596 9,886
Amt. Outstanding 1,534.03 435.31 6,276.61 8,245.95
Sub-standard Advances Restructured
No. of Borrowers 0 5 2,042 2,047
Amount Outstanding 0 10.38 5.09 15.47
Doubtful Advances Restructured
No. of Borrowers 0 2 40 42
Amount Outstanding 0 1.93 2.06 3.99
Total No. of Borrowers 16 281 11,678 11,975
Amount Outstanding 1,534.03 447.62 6,283.76 8,265.41
Besides the domestic restructuring given above, your Bankrestructured in its international operations during FY12 the accounts involving an outstanding balance of Rs 613.78 crore (as on 31st Mar, 2012).
Your Bank also initiated major follow-up actions for ensuring expeditious review of accounts, compliance of terms and conditions, up-gradation in credit rating etc. in high value advance accounts for improving the asset quality of its credit portfolio.
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Economic intelligence UnitAt the Corporate Office of your Bank, a specialized Economic Intelligence Unit (EIU) supports the Top Management in several critical areas like Macroeconomic Forecasting, Business Strategy Formulation, Investor Relations, Asset-Liability Management and in discussions/deliberations with the Regulators (both domestic & international) and Rating Agencies. The Unit regularly provides the Top Management as well as various operational units a periodic outlook on key macro variables like industrial and infrastructural growth, inflation, interest rates, stocksā movement, credit deployment & resource mobilization of Banking industry, liquidity conditions and exchange rates.
By providing better understanding of macroeconomic aspects, corporate sector health and banking sector policies, the EIU of Bank of Baroda supports Bankās efforts in tapping business opportunities and swiftly responding to market dynamics.
The EIU brings out a weekly e-publication on macro-economic, policy and regulatory developments to share its perspective with Bankers, investors, regulators and other industry leaders. The division works as an intellectual arm of your Bank in comprehending developments that eventually helps develop rightly aligned strategies.
internal Control SystemsYour Bank has continued to register excellent business results year after year and maintained the record of doubling its business in three years without compromising on asset quality.
It may be noted that your Bankās Central Inspection & Audit Division has played an important role in protecting the standards of control and compliance for your Bank without hurting its business growth.
Your Bankās Central Inspection & Audit Division located at its Head Office in Baroda functions with extended arms of ten zonal Inspection Centres at Zonal Head Quarters and oversees the internal control system through Risk Based Internal Audit of all the branches. The Information Systems Audit (I.S. Audit), Concurrent Audit, Credit Audit and Management Audit keep a check that quality compliance is maintained by the operating units.
The Regular Branch Inspection Report is the most comprehensive feed-back to the Management about the degree of compliance of your Bankās systems and procedures and guidelines at the operational level and hence, the most important tool for exercising control. The compliance is monitored through submission of Rectification Certificate by the auditee units duly countersigned by the Reporting Authorities.
All the branches are covered under your Bankās Risk Based Internal Audit (RBIA). The assessment of the level of risk and its direction is as per the Risk Matrix prescribed by the RBI, which helps the Management in identifying areas of high risk requiring attention on priority basis. The position of the risk categorization
of the branches is reviewed by Audit Committee of the Board on quarterly basis. During the year FY12, 2,769 branches were inspected under RBIA. Around 1,893 branches (68.36%) were in the Low Risk, 748 branches (27%) were in the Medium Risk and 128 branches (4.63%) were in the High Risk category.
With 100.0% migration of your Bankās branches to Core Banking platform, the I.S. Audits are being conducted to ensure that IT related Risk Management Systems and processes are strengthened as per the I.S. Audit policy of your Bank. The I.S. Audit cell of your Bank also undertakes offsite surveillance through generations of various reports.
As against the RBIās requirement of coverage of 50.0% of business, 682 branches were subjected to Concurrent Audit during the year FY12 covering Total Deposits of 62.0% and Advances of 81.0%,and Overall Business of 70.0%.
As per the RBI directives, Credit Audit was conducted in 3,708 accounts covering total exposure of Fund & Non-fun based facilities of Rs.2,33,802 crore to improve the quality of credit assessment and compliance level of large loans.
During the year FY12, about 2,892 staff members were imparted training at your Bankās Staff College, Regional Training Centres and other external training institutes of repute on the matters relating to Risk Management.
The Inspections and Audits are carried out in your Bank under the supervision and guidance of the Audit Committee of Board and it is ensured that compliance is in focus all the time along with your Bankās business growth and interest.
Operations and ServicesCustomer-Centric initiativesAs always, efficient customer service and customer satisfaction are the primary objectives of your Bank in its day to day operations. Your Bank is highly responsive to the needs and satisfaction of its customers, and is committed to the belief that all technology, processes, products and skills of its people must be leveraged for delivering superior banking experience to its customers without fail.
Recently, your Bank has taken several measures to improve customer service at the branches and at the same time, strengthened the customer complaint redressal machinery for fast disposal of customer complaints. Your Bank has implemented Online Complaint Tracking Module (OCTM) so that the customers may also have a view on the status of their complaint.
Some of the other major initiatives are as under:
ā¢ Implemented Intra- Bank Saving Bank Account Portability
ā¢ The automatic payment of compensation for delay in collection of outstation cheques/instruments has been configured in the system
ā¢ Creation of On line Fixed Deposit account through Baroda Connect.
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ā¢ Registration of nomination in all the existing accounts in Finacle system. It has also been advised that nomination should be offered in all new accounts to be opened and to record the nomination made / denied by the customer
ā¢ The SMS alert facility in respect of transactions where the amount is greater than or equal to Rs. 50,000 has been enabled to all resident SB/CA and OD customers of your Bank whose mobile numbers are registered in your Bankās record (CBS system)
ā¢ Branches were advised to send notices to customers having inoperative accounts requesting them to reactivate the account
Efforts to improve Customer Service at BranchesThe feedback on quality of customer service at branches is obtained through the Branch Level Customer Service Committee meetings that are held every month in which customers from various cross sections of the society are invited including Senior Citizens and Pensioners. The suggestions/views generated during the meeting are collated and appropriate follow up action is taken to examine the feasibility to implement the suggestions for improving the quality of customer service rendered at the branches.
Your Bank is focused towards providing excellent customer service through all delivery channels and has been making continuous efforts for enhancing the level of customersā satisfaction by leveraging technology to provide e-products and alternative delivery channels e.g. ATM / DEBIT CARD, POS, Internet Banking, Mobile Banking, etc., best suited to the diverse needs of different customers. The varied interests and expectations of customers are taken care of by improving upon various processes and procedures.
Compliance
Your Bank is a member of Banking Codes and Standards Board of India (BCSBI) and has adopted the Code of Commitment to the Customers prescribed by the BCSBI in August 2009 and also, Code of Bankās Commitment to MICRO and Small Enterprises. The Code has been placed on your Bankās website and also made available to customers at the branches.
While announcing the Annual Monetary & Credit Policy for the year FY11, the Governor, RBI had proposed that banks should devote exclusive time in their Board Meetings once in every six months to review and deliberate on issues concerning customer service/customer care. To comply with this, two such six monthly reviews were undertaken by your Bankās Board for the sub-periods January-June 2011 and July-December 2011, in meetings dated 27th August 2011 and 13th April 2012, respectively.
Customer Service Committee of the BoardYour Bank has a Sub-Committee of Board for Customer Service which is headed by your Bankās Chairman and Managing Director with the following members as on 31st March 2012.
1. Shri M. D. Mallya ā Chairman and Managing Director
2. Shri Rajiv Kumar Bakshi ā Executive Director
3. Shri N. S. Srinath ā Executive Director
4. Dr Masarrat Shahid ā Director
5. Shri Maulin Vaishnav ā Director
This Sub-Committee addresses the issues relating to the formulation of policies and assessment of its compliances which brings about consistent improvement in the quality of customer service. It also monitors the status of the number of deceased claims pending for settlement beyond 15 days pertaining to Depositors/Locker Hirers/Depositors of safe custody articles, and reviews the status of implementation of Awards passed by Banking Ombudsman.
Standing Committee on Customer Service
Your Bank has also set up a Standing Committee on Procedures and Performance Audit on Customer Services, comprising of three eminent public personalities as members along with both the Executive Directors and four General Managers of your Bank. This Committee oversees timely and effective compliance of the RBI instructions on Customer Service and also reviews the practices and procedures prevalent in your Bank and takes necessary corrective steps on an on-going basis.
The suggestions emanating in the Branch Level Customer Service Committee meetings are obtained by the Head Office on quarterly basis from Regional Offices and placed before the Standing Committee on Procedure and Performance Audit on Customer Services. The feedback of the Committee meetings is then put up to the Customer Service Committee of the Board of Directors.
Customer-Centric initiatives and Redressal of Complaints
ā¢ Your Bank has put in place a Customer Grievance Redressal Policy, approved by the Board, and a well structured Customer Grievance Redressal Mechanism. The General Manager in charge of Operations & Services is designated as Nodal Officer for customer complaints regarding your Bank. At Zonal and Regional levels, Zonal Heads and Regional Heads are designated as Nodal Officers for their respective Zones and Regions. The names of all Nodal Officers along with their contact numbers are displayed in all the branches.
ā¢ A note on Review of Customer Services & Grievances Redressal Machinery is placed before the Board of Directors every quarter giving position of customers complaints received at your Bankās Regional Offices and Head office and the follow up measures with important initiatives taken by your Bank for improving the quality of customer service.
ā¢ To eradicate customer complaints fully and to ensure hassle free customer service, a regular analysis is done on the complaints received from the customers
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and a suitable action is taken on time so that there is no repetition of such complaints in future.
ā¢ Your Bank has Board-approved policies on customer services and the same are placed on your Bankās website.
To facilitate customers, an in-house āOnline Complaint tracking Moduleā has been developed in consultation with Project Office, BCC, Mumbai. In Phase-I, the user-id and password generation for all the branches and your Bankās regional/zonal officesplus functional departments was completed. All the regional offices and functional departments were able to access the complaint Module successfully. The online complaint icon was then activated on the home page of your Bankās web site for quick access to the customer.
The salient features of āOnline Complaint Tracking Moduleā are as follows.
ā¢ It allows tracking of the complaint both by the complainant as well as the concerned Branch/ Region/Zone and Head Office concurrently
ā¢ It provides for generation of relevant MIS reports at all levels
ā¢ It provides for quicker transmission of complaint to the respective authority i.e. Branch /Region/Zone, thus increasing the time efficiency in redressal of a complaint.
ā¢ It provides for automatic escalation of the complaint in case action is not taken within the stipulated period by the respective authority, thus facilitating the controlling offices to follow up with the concerned branch for early resolution of the grievances.
ā¢ The module provides for generation of instantaneous āTracker IDā along with an acknowledgement message of successful registration of complaint to the customer.
Based on the feedback and suggestions from the grass root level customer committees and various studies/surveys, a slew of customer centric initiatives and measures were taken by your Bank during the year under review to improve customer service at its branches.
KYC-AML-CFt
Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/ Combating of Financing of terrorism (CFt) measures and obligation of Bank under PMLA, 2002.
Your Bank has Board approved KYC-AML-CFT Policy in place. The said Policy is the foundation on which your Bankās implementation of KYC norms, AML standards, CFT measures and obligation of your Bank under Prevention of Money Laundering Act (PMLA) 2002 is based.
The major highlights of KYC-AML-CFT implementation across your Bank are as under.
ā¢ Generation of Cash Transaction Reports (CtRs) electronically for submission to Financial Intelligence Unit (FIU), through the electronic medium.
ā¢ Installation / Implementation of āAML Solutionā for generating System based alerts.
ā¢ System-based detection and submission of Suspicious Transaction Reports (StRs) to the Financial Intelligence Unit (FIU)
ā¢ System based Risk Categorization (from AML Measure) of Bankās customersā accounts every half year.
ā¢ Filing of Counterfeit Currency Reports (CCRs) to FIU-IND, New Delhi.
ā¢ Filing of Non Profit Organizations Transaction Reports (ntRs) to FIU-IND
The full KYC compliance entails staff education as well as customer education for which the following measures have been taken by your Bank.
ā¢ A comprehensive list of KYC documents is uploaded on your Bankās website (www.bankofbaroda.com) for the benefit of customers.
ā¢ Similarly for internal usage, a KYC-AML page is created at your Bankās INTRANET for posting reference material on KYC-AML-CFT education.
ā¢ Regular Training Sessions are conducted on KYC-AML-CFT Guidelines at your Bankās Training establishments.
ā¢ Training is being arranged for your Bankās Senior Officials / Executives at RBI, IBA and National Institute of Bank Management (NIBM).
ā¢ Sustained efforts are made to create expertise at your Bankās Head Office for corporate oversight and also KYC Audit of branches.
Back Office OperationsRegional Back Offices and City Back OfficesTwo types of Back Offices have been conceptualized by your Bank ā Regional Back Office (RBO) and City Back Office (CBO).The RBO deals with centralized processing of account opening forms (AOF) and centralized processing of issuance of Personalized Cheque Books (PCB). Your Bank has ten RBOs -one each at Baroda, Bhopal, Delhi, Coimbatore, Mumbai, Lucknow,Jaipur, Kolkata, Pune, Jamshedpur. The RBOs are opening accounts for 1,298 branches. Up to 31st Mar, 2012, the RBOs have opened more than 11 lakh accounts. The RBOs issue PCBs for 2,115 branches and have so far issued more than 36 lakh PCBs.
The CBOs deal with centralized upload of clearing transactions ā both inward and outward ā as well as government collections and ECS transactions. Your Bank has 21 CBOs (Service
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branches) where clearing and ECS are centralized for branches in each city centre. The centralization of clearing has also been introduced in 59 main branches (which handles clearing for local branches). The CBO concept has so far covered 1,308 branches.
Currency Chest and Government Businessnew Business Avenues opened during the year FY12
ā¢ Your Bank has implemented payment of Custom Duties at 116 Custom House locations through e-payment across the country
ā¢ Two new branches authorised for physical payment of Custom Duties taking the total toten custom locations interfaced with ICES 1.5 Software
ā¢ Additional 267 branches have been authorized for undertaking PPF/SCSS Business
ā¢ Utility for enabling e-freight payment for Railways has been commissioned
ā¢ Conclusion of Agreement with Stock Holding Corporation of India (SCHIL) for sale of e-stamps. This business has been commenced in the state of Gujarat, Rajasthan and Delhi
ā¢ Development under way for (i) Maharashtra State Government (ii) Rajasthan State Government
ā¢ Implementation of e-payment of State Taxes during the year at (1) Karnataka, (2) Andhra Pradesh (3) West Bengal, (4) Delhi & (5) Bihar
ā¢ Authorization of e-payment of State Taxes obtained for Daman &Diu
ā¢ Additional authority for the payment of pension in the state of Madhya Pradesh, Chhatisgarh, Punjab and Haryana has been obtained
ā¢ Implementation of Swavalamban Scheme under New Pension Scheme
ā¢ Your Bank is selected as Implementing Agency Bank for Pension & Life Insurance Fund
ā¢ E-payment of Professional Tax in Maharashtra started with effect from 1st Jan, 2012
ā¢ Your Bank has identified its Service branch, New Delhi as Nodal Branch for e-payment of Ministry of Health & Family Welfare and the facility has been made operational for all the 11 Pay & Accounts Offices of the Ministry
ā¢ Your Bank has identified its International Business Branch in New Delhi as a Nodal branch for settlement of funds in respect of Banking arrangement with Ministry of External Affairs for Foreign Exchange Remittances between Mission/ Posts abroad
ā¢ Establishment of Centralised Pension Processing Centre for processing and payment of pension to the State Government Pensioners of Rajasthan state is under process
ā¢ Salary accounts of staff/student accounts of Reliable college, Ghaziabad canvassed
ā¢ A MOU with Kandla Port executed after permission from Indian Ports Association, Delhi
ā¢ Implementation of e-scroll on Postal Business
Strategic Plan on Currency Management (2011-14)As a customer-centric initiative to improve payment system, your Bank has identified 26 new centers (given below) for opening New Currency Chests under its Strategic Plan on Currency Management 2011-14, thereby increasing the total number of Currency Chests from 84, at present, to 110.
Sr.no.
name of the Zone new Currency Chest Proposed over three years
1 Bihar Orissa & Jharkhand Zone 3
2 Eastern Zone 2
3 Greater Mumbai Zone 0
4 Gujarat Operations 1
5 Maharashtra & Goa Zone 2
6 MP & Chhatisgarh Zone 4
7 Northern Zone 1
8 Rajasthan Zone 4
9 Southern Zone 2
10 UP & Uttarakhand Zone 7
tOtAL 26
VigilanceIt has been the endeavour of Vigilance department of your Bank to encourage and enable the operating level staff as also those at controlling offices to exercise due care and caution to take preventive and detective measures. This helps in increasing the efficiency and creating an environment of security for the honest work force.
A careful distinction is made between the cases of gross negligence which put your Bankās funds into avoidable jeopardy and the cases where business decisions have gone awry. Periodical monitoring of individual cases is carried out to ensure that inquiries are quickly concluded and are perceived as fair by all concerned. The endeavour is made towards ensuring that penalties, where necessary, are timely and just.
Coordination is maintained with the zones/functional authorities of your Bank to locate specific cases of irregularities in your Bankās operations. The complaints from the public/customers as also the cases of frauds and other irregularities are investigated promptly and followed up for corrective action, wherever necessary.
A study of fraud prone areas indicating loopholes/ obsolescence of the systems and procedures in vogue, is undertaken on an on-going basis to improve the controls and update operational procedures. On occurrence of such instances, detailed examination of the associated systems and procedures is carried out with the help of respective functional departments with a view to eliminate or minimise factors and processes likely to adversely affect your Bankās interest.
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We are pleased to note that with the awareness, alertness and diligence exhibited by the operating staff, during the year April 2011 to March 2012, 45 fraudulent attempts by unscrupulous elements were thwarted that saved your Bank from substantial financial loss.
Business PerformanceGiven below are the details of your Bankās major achievements on business front during the year FY12.
Resource Mobilisation and Asset Expansion
The share of Bankās Deposits in total resources stood at 86.04% as of 31st March 2012. The Total Deposits grew from Rs 3,05,439.48 crore to Rs 3,84,871.11 crore, reflecting a growth of 26.01% over the previous year. Of this, Savings Bank Deposits ā an important constituent of low cost deposits - grew by 15.71% from Rs 64,454.04 crore to Rs 74,579.53 crore. The share of low cost deposits (Current + Savings) in Total Deposits was at 26.90% and in Domestic Deposits at 33.18%.
Your Bankās Total Advances expanded by 25.67% during FY12 led by 19.28% expansion in Domestic Advances and 43.92% expansion in Overseas Advances.
Composition of Funds ā Global
Particulars EndMarch 2011(Rs crore)
EndMarch 2012(Rs crore)
Growth(%)
Deposits 3,05,439.48 3,84,871.11 26.01
- Domestic 2,33,323.30 2,80,135.26 20.06
- Overseas 72,116.18 1,04,735.85 45.23
Borrowings 22,307.85 23,573.05 5.67
Global Advances
Particulars EndMarch 2011(Rs crore)
EndMarch 2012(Rs crore)
Growth(%)
Advances 2,28,676.36 2,87,377.29 25.67
- Domestic 1,69,407.86 2,02,075.39 19.28
- Overseas 59,268.50 85,301.90 43.92
Wholesale Banking
A strong corporate credit culture and healthy growth in credit ā moderately above Banking industry average have been the consistent differentiators of Bank of Baroda for the past four years.
In fact, your Bankās Wholesale Banking Division offers a full range of loan products and services such as Term Loans, Short-Term Loans, Demand Loans, Working Capital Facilities, Trade Finance Products, Treasury Products, Bridge Loans, Syndicated Loans, Infrastructure Loans, Cross Currency/Interest Rate Swaps, Foreign Currency Loans, Loan Against Future Rent Receivables and many more to its large and mid corporate clients depending upon their needs. The product offerings are flexible and suitably structured taking into account the customersā risk profiles and specific needs.
Based on the superior product delivery, passionate service orientation, timely and speedier sanctions with a customer-centric approach, your Bank has made significant achievements in providing an array of Wholesale Banking products and services to several multinationals, domestic business houses and prime public sector companies.
The Department places major thrust on faster delivery through efficient channels and adoption of better practices in credit administration. During FY12, the efforts were also made to improve the speed of decision making without compromising the quality of decision.
During FY12, the non-food credit growth, in general, remained low in the Indian banking industry. However, even during this phase, your Bankās Wholesale Banking Division created 130 new relationships through its Fast Track Desk. The department sanctioned fresh/increased credit facilities to the tune of Rs 60,955 crore during the year to various sectors /industries with projects /units spread across the country.
Under Wholesale Banking, the corporate customers are identified as large and mid corporates. Those having annual sales turnover of between Rs 150 crore to Rs 500 crore are classified as mid-corporates, and those with sales turnover over Rs 500 crore are classified as large corporates.
Sensing the need to focus and serve the potential mid corporate segment, your Bank took an important initiative of opening specialized Mid Corporate Branches in various potential locations throughout the country. These branches are equipped with mix of experienced and professionally qualified staff. Attaching high importance to the segment, your Bank arranged for training in soft skills plus domain-expertise knowledge for its staff identified for these specialized branches through an International Management Consultancy firm.
Your Bank also opened one more specialized CFS (Corporate Financial Services) Branch taking total number of CFS Branches to eleven.
Your Bankās Wholesale Banking Department also has a full-fledged āProject Finance Divisionā (PFD). The PFD is well equipped with professionals from various disciplines and undertakes TEV (i.e. Technical Evaluation & Viability) studies for clients of your Bank as well as that of other banks. The Department is also equipped with Syndication Desk to syndicate domestic funding requirement of the clients. The Department earns significant fee-based income by carrying out TEV studies, vetting of projects and through syndication deals.
Your Bank attaches higher degree of importance to the quality of appraisal and efficient processing of credit proposals at all levels to maintain the asset quality and realizes the importance of skilled and motivated employees to achieve the same. Keeping this in view, your Bank continued its thrust on regular grooming of Credit and Forex Officers. Your Bank also continued to recruit specialized officers from campuses and lateral recruitment of professionals cum experienced staff.
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Retail BusinessAs in the past, Retail Business continued to be one of the important segments of overall business during FY12. Your Bankās performance under its Retail Banking Segment during the year under consideration is as under.
Growth under Retail LendingYour Bankās Retail Loan Book consisted of five key products (namely Home Loan, Auto Loan, Education Loan, Traders Loan and Mortgage Loan) which together constituted 74.0% of total retail loans and other products namely LABOD/ODBOD that constituted 21.0% of total retail loans during FY12. Besides, the products like Baroda Personal Loan and other miscellaneous product viz. Doctors Loan, Loan against Government securities etc contributed around 5.0% to total retail loans.
Total Retail Loan outstanding as on 31st Mar, 2012 was Rs 35,668 crore as against the level of Rs 32,435 crore as on 31st Mar, 2011. A growth of Rs 3,233 crore (9.97%) was registered under total retail loans during FY12 as against a growth of 33.76% (Rs 8,187 crore) registered during FY11. The growth in retail business of your Bank during FY12 was in line with the overall segmental business trend witnessed by the Indian banking industry.
Growth under Five Key Retail ProductsUnder five key products which constituted 74.0% of total retail loans, an absolute growth of Rs 3,102 crore (13.43%) was registered during the year FY12 as against a growth of Rs 4,095 crore (21.56%) during the previous financial year.
Under Home Loans, an absolute growth of Rs 1,594 crore (12.71%) was registered during the year FY12 as against a growth of Rs 2,227 crore (21.59%) during the previous year.
Under Auto Loans, an absolute growth of Rs 384 crore (18.76%) was registered in FY12 as against a growth of Rs 612 crore (42.58%) during FY11.
Under Baroda Traders Loans, an absolute growth of Rs 876 crore (18.63 %) was registered in FY12 as against a growth of Rs 852 crore (22.15%) during FY11.
Under Baroda Mortgage Loans, an absolute growth of only Rs 97 crore (4.68%) was registered during FY12 as against a growth of Rs 176 crore (9.40%) during FY11.
Under Education Loans, an absolute growth of Rs 150 crore (8.72%) was registered during FY12 versus a growth of Rs 226 crore (15.11%) during FY11.
Under LABOD /ODBOD, a growth of Rs 2,307 crore was registered. Under Baroda Personal Loans, a negative growth of Rs 2,183 crore was posted over the level of 31st Mar, 2011 due to repayment of Loan for Earnest Money Deposits during the year FY12. The repayments of short term loans primarily led to low growth under the total retail loans during the year under consideration.
nPA under the Retail Loan
The amount of Non Performing Assets as on 31st Mar, 2012 under Retail Loan was Rs 682 crore (1.91%) versus the level of
Rs. 662 crore (2.13%) as on 31st Dec, 2011 and Rs 649 crore (2.17%) as on 30th Sept, 2011. As on 31st Mar, 2011,the NPA was at the level of Rs 580 crore(1.79%).
Savings Bank DepositsYour Bankās overall Saving Deposits stood at a level of Rs 72,570 crore as on 31.03.2012 registering a growth of Rs 9,611 crore (15.27%) over the level of Rs 62,959 crore as on 31.03.11. During the last FY 2010-11, a growth of Rs11,717 crore i.e. 22.87% was registered over the level of 31.03.2010.
Retail term DepositsRetail Term Deposit of your Bank stood at the level of Rs 1,18,727 crore as on 31st Mar, 2012 as against the level of Rs 95,325 crore as on 31st Mar, 2011 registering a growth of Rs 23,402 crore i.e. 24.55% versus the growth of Rs 12,295 crore i.e. 14.80% registered during the last financial year.
Under Total Retail Deposits i.e. Retail Term Deposit plus Savings Deposits, an absolute growth of Rs 33,013 crore i.e. 20.85% was posted during FY12 as against the growth of Rs 24,012 crore i.e.17.88.% registered during FY11.
initiatives in Retail Banking during FY12new Products Launched
ā¢ BarodaFirst Wealth Pack, a combo of two products namely BarodaFirst Savings Bank and BarodaFirst Regular Deposit jointly with two Insurance Products namely ULIP & Term Insurance Plan was launched on 2nd Jan, 2012. Until end-Mar, 2012, a total of 53,516 Packs were sold by your Bank.
ā¢ Baroda Samriddhi Quarterly Recurring Deposit & Baroda Samriddhi half yearly Recurring Deposit Schemes were launched on 6th March 2012 primarily to facilitate Agriculturists, Self Employed & Professionals etc.
ā¢ Sales Operating Model was launched at 163 Baroda Navnirman Branches for developing Sales & Service culture to generate Business Leads.
Product Modificationā¢ During FY12, a proposal was approved for increasing
the maximum limit under Baroda Home Loan to Resident Indians and NRIs/PIOs at all Metro and Urban Centers from the existing Rs100 lakh to Rs300 lakh.
Launch of BarodaFirst Wealth Pack by Shri M.D. Mallya, CMD
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Loans and Personal Loan Borrowers, in addition to facility presently available for Home Loans & Education Loans. During FY12, a total of 18 death claims were settled by the insurers.
ā¢ Strategies adopted for Prevention of Frauds: A system of verification of various steps undertaken by the branches for fraud prevention under Retail Loans through a checklist was also introduced.
ā¢ Under the home Loan Suraksha Beema Scheme (A Tie-up Arrangement with National Insurance Co. Ltd) a total of ten Accidental Death Insurance claims were settled by the insurer during the year under consideration.
Wealth Management ServicesAs a part of its customer centric measures, your Bank has been providing Wealth Management Services for its HNI & affluent customers since June 2004. At present, your Bank provides various 3rd party products in Life Insurance, Non Life Insurance including Health Insurance, Mutual Funds & Equity Trading under tie-up arrangements with different partners. Moving ahead further in the segment, your Bank also formed two joint ventures with leading international brands in Mutual Fund and Life Insurance.
The Baroda Pioneer Asset Management Co. Ltd., your Bankās joint venture in mutual fund in association with Pioneer Investments of Italy and the IndiaFirst Life Insurance Co., a joint venture in life insurance with Andhra Bank and L&G of U.K. have successfully positioned themselves in the Indian marketplace with consistently improving performance since their inception.
The year FY12 was destabilizing for Indian equities with wild fluctuations impacting the overall sentiment of investors. In these testing times, your Bank changed its strategies by focusing on mutual fund investments through a SIP route to safeguard the customers from the unpredicted movement in the market. The strategies were successful with a large number of customers yielding benefits and your Bankās business performance in the format being intact while nurturing a disciplined saving/investing habit amongst its customers. During the last two years, your Bank has been endeavoring to widen the scope of ASBA (application supported by Blocked Amount) facility by extending it to a number of designated branches and enabling an on-line ASBA Facility for its net banking customers. During FY12, your Bank introduced Syndicate ASBA Facility for those customers who wish to make IPO/FPO/NFO application through other intermediaries such as brokers.
It is heartening to note that the initiatives of your Bank under its Wealth Management segment have been encouragingly contributing to its overall non-interest income.
MSME BusinessThe Micro, Small and Medium Enterprises (MSME) segment is a vital component of Indian economy. This sector accounts for around 40.0% of the nationās total industrial production, 34.0% of industrial exports, 95.0% of industrial units and 35.0% of total employment in manufacturing and services sectors. The contribution of Services Sector within the SME segment is quite significant; especially the IT enabled services, hospitality services, tourism, couriering, transportation, etc.
ā¢ Prepayment charges for foreclosure of Home Loan Accounts were completely waived with effect from 15th Dec, 2011.
Business initiativesā¢ Savings Bank Deposit Campaigns: For mobilizing low
cost deposits, a Savings Bank Deposit Campaign was launched on 1st Jun, 2011 for two months. The period of this campaign was later extended upto 31st Aug, 2011 foreseeing the challenge of mobilizing savings bank deposits in a rising interest rate scenario. To accelerate the pace of Savings Bank accretion, Savings Bank campaign was reintroduced during 2nd Jan, 2012 to 31st Mar, 2012, besides the launch of a special incentive scheme i.e. āEvening with CMD & Picnic with staffā for the award winning branches & regional offices.
ā¢ Retail Loan campaign: With a view to harness the potential of ongoing festive season and to augment your Bankās Retail Loan Book with a special focus on Home Loans and Car Loans, a Retail Loan Festival Campaign was launched during 26th Sept to 30th Nov, 2011. Going by the success of Retail Loan Campaign, it was further extended till 31st Mar, 2012, with a modification by increasing ROI concession from 0.25% to 0.50% in Auto Loans. Both the SB Deposit Campaign and the Retail Loan Campaigns yielded good results.
ā¢ Opening of new City Sales Offices: Nine City Sales Offices were opened at Haldwani, Raebareilly, Faizabad, Raipur, Bhopal, Indore, Bengaluru, Ghaziabad & Rajkot
Shri M.D. Mallya, CMD, giving away award at function āEvening
with CMDā at Pune
during FY12.
ā¢ Opening of new Retail Loan factories: Three new Retail Loan factories were opened at Haldwani , Dehradun and Nasik during FY12.
ā¢ Delegation of Additional Discretionary Powers for Concessions: All Zonal Heads of your Bank were delegated with powers for considering concession to the extent of 100bps in the applicable interest rate on Baroda Trader Loan for mobilizing fresh business & to augment Retail Loan Book during FY12.
ā¢ Providing Group Life insurance Cover:The Facility of Group Credit Life Insurance cover was approved for Auto
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To give a focused attention to emerging SMEs in India, your
Major Achievements in FY12
The Bank took the following initiatives in its SME business segment during the year under review.
ā¢ The SME advances of Rs 34,512 crore as of end-Mar 2012 reflected a growth of Rs 7,147 crore (26.11%) over the SME advances of Rs 27,365 crore in the previous year.
ā¢ The advances of Rs15,455 crore to Micro Enterprises in total credit of Rs 28,047 crore to MSE sector stood at 55.10% in FY12 comfortably reaching the mandatory target fixed by the RBI.
ā¢ The SME advances as on 31st Mar, 2012 contributed 16.8% to the gross domestic advances of your Bank.
ā¢ The advances to Micro & Small enterprises reached the level of Rs 28,047 crore as against the government set mandatory target of Rs 27,000 crore by end-Mar, 2012.
ā¢ In FY12, your Bank opened ten New SME Loan Factories and eight New SME Specialized Branches.
ā¢ Your Bank introduced a New Product named as āBaroda Channel Financingā on pilot basis during FY12 to further promote its MSME business.
ā¢ Your Bank also introduced āBaroda Entrepreneur Awardsā for Micro & Small Enterprises
initiatives in MSME Financing During FY12
1. Your Bank introduced five new customer-centric area-specific products to suit the local cluster needs during FY12 while renewing the existing ten customer-centric area specific products.
2. Your Bank sponsored a Workshop on āManagement Skills to source financing and Management of Technology by SMEsā for entrepreneurs arranged by AIMA at Hyedrabad, Ahemedabad, Jaipur.
Bank has been considering other commercial units with a turnover up to Rs 150 crore at par with the SMEs. To promote the growth of SME Sector, your Bank has launched a special and novel delivery model, viz. SME Loan Factory, which at present, is operational in 46 centres of your Bank and well accepted in the market place. The SME Loan Factory is an innovative model for streamlining processes and for timely sanctions of SME loan proposals. The model comprises of the Central Processing Cell for speedy appraisal and sanctioning of proposals within the stipulated deadline and a sales team to follow up on leads generated by branches. Given its success, your Bank has plans to open more such loan factories in the ensuing year. Your Bank has SME Loan Factories at all major business centres across the country, viz. Agra, Ahmedabad, Allahabad, Bangalore, Bareilly, Baroda, Bhilwara, Bhubhaneshwar, Bulsar, Bharuch, Chandigarh, Chennai, Coimbatore, Dehradun, two Factories in Delhi, Ernakulam,Gandhidham,Gorakhpur Hyderabad, Haldwani,Indore, Jaipur, Jamshedpur, Jamnagar, Jodhpur, Kanpur, Kolhapur, Kolkata, Lucknow, Ludhiana, 3 Factories in Mumbai, Meerut, Mehsana, Nagpur, Nashik, Pune,Patna, Rajkot, Raipur, Surat, Shahajahanpur, Varanasi and Vishakhapatnam. These SME Loan Factories sanctioned loans aggregating Rs 18,619 crore during FY12 as against Rs 14,530 crore in the previous year.
Growth of BusinessThe total outstanding in MSME Sector works out to Rs 34,512 crore as on 31st March 2012. The growth in lending to MSME Sector during the last three years is given in the table below.
Year Growth (%, YoY)
2009-10 43.98%
2010-11 29.63%
2011-12 26.11%
The percentage growth of MSME credit during FY10 was relatively high as the advances up to Rs 20 lakh to Retail Trade were classified for the first time under the āMicro & Small Enterprises Sectorā during this year in line with the RBIās revised guidelines issued during September, 2009. The growth rate was normalized during the year FY11.
Shri N.S. Srinath, ED, addressing the SME Customersā Meet organized by Greater Mumbai Zone Shri R.K. Bakshi, ED receiving the National Award for Bankās
excellent performance in implementation of PMEGP scheme during 2010-11 in Central Zone from Shri Virbhadra Singh, Minister for MSMEs, Government of India.
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3. Your Bank introduced āProtrackā {an e-tracking system for SME credit proposals} with a view to have a firm control over turnaround time.
4. Your Bank celebrated SME Festival from 1st January 2012 to 31st March, 2012 in order to give boost to SME advances. Some concessions in rate of interest and service charges were also announced for loans sanctioned during the festival period.
5. Your Bank participated in the Workshops arranged by the CGTMSE on Bank Credit to Micro & Small Enterprises and the Role of Credit Guarantee.
6. Your Bank focused on collateral free credit under the CGTMSE scheme through special campaign.
7. To achieve total customer relationship through enhanced cross selling, several meetings at different locations were conducted and various trade bodies were involved at the national and the state level.
8. Your Bank undertook continuous knowledge updating and skill building of processing/ marketing officers attached to its SME factories through external training and special courses at the training centers and staff college.
9. Your Bank introduced monthly performance ranking to share performance of SME Loan Factories amongst all and to recognize/ felicitate/ award the best performing SME Loan Factory on Half yearly/ annual basis.
10. The MOU was entered by your Bank with the NSIC for sourcing applications of MSME borrowers from it.
11. Your Bank released a booklet called Practical Guide to help entrepreneurs by giving them information on Your Bankās SME products and also on the CGTMSE scheme.
12. Your Bank also signed a MOU with four credit rating agencies for rating of the SME accounts.
Rural and Agricultural LendingAs you all are aware, your Bank has always been a frontrunner in the area of Priority Sector and Agriculture lending. It has been harnessing the vast potential of the rural market through
its wide network of 1,270 rural branches and 1,045 semi-urban branches.
Even during FY12, your Banks opened 314 new branches in rural and semi-urban areas.
Your Bank is the proud Convener of State Level Bankerās Committee (SLBC)in the states of Uttar Pradesh and Rajasthan. Your Bank shoulders the Lead Bank Responsibility in 45 districts in the states of Gujarat (12),Rajasthan (12), Uttar Pradesh (15), Uttaranchal (2), Madhya Pradesh (2) and Bihar (2).
Your Bank has also sponsored five Regional Rural Banks (RRBs) in various states with a network of 1,300 branches and total business of Rs 21,700 crore as of end-March, 2012.
Performance of Priority Sector Lending in FY12
Priority Sector Advances of your Bank surged from Rs 57,364 crore as at the end-March 2011 to Rs 68,527 crore as at the end-March 2012 and formed 43.37% of the Adjusted Net Bank Credit (ANBC) against the mandated target of 40.00%.
Agriculture Advances: The Direct Agriculture advances of your Bank rose to Rs 21,423 crore with a rise of 24.86%over the previous year with an absolute growth of Rs 4,266 crore during the year. The total agriculture advances of your Bank recorded a growth of 18.38% over the previous year and rose to Rs 29,036 crore as at end-March 2012. Your Bankās Direct Agricultural advances formed 13.56% of ANBC as at end-March 2012 against the mandated target of 13.50%. Even the Total Agricultural Advances were at 18.06% of ANBC against the mandated target of 18.00%.
Under its flagship agriculture loan product āBaroda Kisan Credit Cardā, your Bank issued as many as 3,09,685 Credit Cards during FY12 to provide credit to farmers.Your Bank financed as many as 3,73,283 new farmers during FY12. As a part of its microfinance initiatives, your Bank credit linked 19,455 Self Help Groups with an amount of Rs 214 crore during FY12 thereby taking the total number of SHGs credit linked to 1,54,397 amounting to Rs1,171 crore.
Distribution of Baroda Kisan Credit Card in the presence of Shri H R Khan, Dy. Governor, RBI and Shri N.S. Srinath, ED at Ajmer, Rajasthan.
Shri M.D. Mallya, CMD, releasing the SME booklet along with Shri N.S. Srinath, ED and Shri J. Ramesh, GM(SME & WMS)
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Business and Social initiatives
Your Bank introduced various initiatives/strategies during FY12 to harness the emerging opportunities for rural and agriculture lending. Some of them are mentioned below.
1. To augment the Agriculture advances, your Bank conducted special campaigns viz. Kharif and Rabi campaign for crop loans under which the disbursements of Rs 3,676 crore and Rs 2,013 crore were made respectively. Another Campaign for Investment Credit was also launched under which disbursements of Rs 1,178 crore were made.
2. Your Bank organized 5,944 Village Level Credit Camps and disbursed Rs 3,338 crore to 2,84,062 borrowers during FY12.
3. Your Bank identified 450 Thrust Branches across India to enhance Agriculture lending which constituted 33% of total Agriculture lending as at end-March 2012.
4. Your Bank formulated various area-specific schemes tailor made to the needs of local requirements, particularly where there is a concentration of industries like Rice Mills, Cold storages, cotton ginning units, Poultry units, etc. Suitable concessions in rate of interest, charges, etc. were allowed under these schemes to garner maximum possible business. As many as 22 area specific schemes were formulated to increase your Bankās agricultural lending.
Baroda Grameen Paramarsh Kendra (BGPK) is another initiative undertaken by your Bank to help the rural community by providing credit counseling, financial literacy and other services like information on the prices of agricultural produces,scientific farming, etc. Your Bank had 52 BGPKs as on 31st March, 2012.
About ten more Baroda Swarojgar Vikas Sansthan (BSVS),Baroda R-SETI Centers were opened during FY12. With this, the total number of BSVS has gone up to 46. Thus, each of your Bankās Lead Districts now has a R-SETI as per the GOI guidelines. Ajmer BSVS centre is exclusively for women entrepreneurs. The BSVS are primarily the institutes for training the youth and imparting knowledge and skills required for taking up self-employment ventures. During FY12, 42,786 youth beneficiaries were trained out of which 25,791 have established self-employment ventures. Out of the total 1,22,228 beneficiaries trained by these centers so far, 75,050 have established their self employment ventures.
Financial Literacy and Credit Counseling Centres (FLCC)-āSARAthEEā
Based on the guidelines issued by the RBI, your Bank has established 39 FLCCs, christened as āSARATHEEā to impart financial literacy and credit counseling services to the needy to help them avail financial services from Banking system and also to provide counseling services to those who are under financial distress due to debt burden.
Your Bank has opened these centers under its BSVS trust and counseling services are provided to the concerned free of cost.
Your Bank has opened 21 new FLCCs during FY 12, taking the total number of FLCCs to 39 by end-Mar, 2012.Your Bank will be opening FLCCs in each of its lead district in due course.
Business Facilitators Model
This model has been implemented across the country to accelerate Financial Inclusion of the excluded segment as well as to augment agriculture portfolio. Business Facilitators will mainly canvass loan applications for your Bank for which Bank will pay them compensation. Individuals including retired Bank and Government staff, NGOs, Farmers clubs and SHGs are engaged as agents to greatly improve your Bankās outreach in the rural/semi-urban areas.
Micro Loan Factory
Your Bank has a opened Micro Loan Factoryat Rae Bareilly and Sultanpur in U.P. The Micro Finance Loan Factory has a mobile van with facilities and all related stationeries/ documents on SHG financing. It is manned by officers who are duly authorised to sanction and disburse loans upto Rs 25,000 to SHGs on the spot and at their door steps.
Performance of RRBs Sponsored by the Bank
Your Bank has sponsored five RRBs as under.
ā¢ Baroda Uttar Pradesh Gramin Bank, Head Office: Raebareli.
ā¢ Baroda Rajasthan Gramin Bank, Head Office: Ajmer.
ā¢ Baroda Gujarat Gramin Bank, Head Office: Bharuch.
ā¢ Nainital-Almora Kshetriya Gramin Bank, Head Office: Haldwani.
ā¢ Jhabua-Dhar Kshetriya Gramin Bank, Head Office: Jhabua.
The aggregate business of these five RRBs rose to Rs 21,693 crore as of March, 2012 from Rs 18,803 crore as at end-March, 2011, registering a growth of 15.37%.
The five RRBs together posted a Net Profit of Rs 120 crore during FY12 as against Rs 117 crore earned during FY11.
The āNet Worthā and the āReserves and Surplusā of all these RRBs put together improved from Rs 730 crore at end-March, 2011 to Rs 883 crore at end-March, 2012 and from Rs 453 crore at end-March, 2011 to Rs 566 crore at end-March, 2012, respectively.
Bankās Efforts towards Financial inclusion (Fi)
targeted villages and models adoptedā¢ As per the original communication received from RBI in
January 2010, your Bank prepared a Financial Inclusion (FI) plan to cover 20,000 villages under Financial Inclusion within a span of three years commencing from 2010-11 to 2013-14.
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ā¢ However, the Finance Minister in his speech on Union Budget for FY11 gave emphasis on the coverage of villages having population of more than 2,000 under FI by March 2012.
ā¢ Accordingly, 2,864 villages having population of more than 2,000 were allocated to your Bank through SLBCs for provision of basic banking services by March 2012.
ā¢ Out of the above, 1,200 villages were targeted to be covered in FY11 and the rest in FY12.
ā¢ Your Bank has adopted ICT based Business Correspondent (BC) model and Mobile Banking van model for coverage of the allotted villages. Wherever feasible, new branches are also being opened.
Service Providersā¢ Your Bank has selected M/s TCS and M/s HCL Info systems
as the service providers for end to end solution under the BC model. The service area has been allocated to these service providers.
ā¢ Out of 2,864 villages allocated to your Bank by SLBCs, 1,979 villages are allotted to M/s TCS and 885 villages to M/s HCL.
technology and Data Securityā¢ The FI data and transactions are integrated to your Bankās
CBS (Core Banking Solution) through an FI server/ Gateway of the service provider. The FI server is kept in the Data Centre of your Bank for which the vendor will have only limited access to the application software for the purpose of maintenance. The data will be under the control of your Bank. Hence the data security is well taken care of.
ā¢ Smart cards are issued to the customers after uploading the accounts in CBS and KYC verification by the link branches.
Business Correspondents (BC)ā¢ The service provider has appointed corporate BCs at
the state/zonal level. The field level business agents are selected in consultation with your Bankās link branches following the BC selection policy approved by the Board.
ā¢ The technical training to BCs is provided by the service provider as and when BCs are appointed. Your Bankās R-SETI, Training Centres and Baroda Grameen Paramarsh Kendras (BGPK) have been providing training on banking products and customer service. The BCs are also encouraged to take up the BC certificate programme of IIBF {Indian Institute of Banking & Finance, Mumbai} through accredited training establishments. All your Bankās BSVS centres are accredited by IIBF for this purpose.
training of Your Bank Staff in Financial inclusionā¢ Training to about 1,079 Branch Managers involved in FI
activity was completed by Your Bankās training centres during FY12.
ā¢ Your Bank has tied-up with National Institute of Rural Development (NIRD), Hyderbad for designing and conducting special training programme for its officers on FI.
ā¢ Your Bank has also introduced e-learning module on FI on your Bankās intranet portal for educating the staff.
Monitoring the implementation under Financial inclusionā¢ Your Bank has a clear structure for implementation and
monitoring of Financial Inclusion. ā¢ In order to have an effective supervision of the BCs, retired
bank officials are appointed as BC supervisors for every 10-15 BC agents.
ā¢ Your Bankās Chairman & Managing Director (CMD), Executive Directors (EDs) and General Managers (GMs) at the Corporate Office are visiting villages in different states.
ā¢ Besides, all the regional heads and zonal heads are also visiting the villages in their respective regions/ zones and monitoring the activities regularly.
ā¢ Your Bankās Board reviews the implementation of Financial Inclusion in your Bank every month on various parameters suggested by the Ministry of Finance, Government of India.
Publicity ā¢ Specially designed banners/posters/leaflets are being used
by your Bankās Zones/Regions/Branches at various stages of FI.
ā¢ Leaflets/posters have been prepared in regional languages and distributed in the villages.
ā¢ Usage of publicity material has helped to keep the people updated with the FI concept and also to remain informed about the FI enrolment dates, venue etc.
ā¢ Your Bankās Swabhiman logo is being used in village sign boards, BC ID cards, T- shirts, Caps etc.
Financial Literacy Effortsā¢ Your Bank has opened 39 Financial Literacy and counseling
Centres (FLCC) out of 45 lead districts of the Bank. ā¢ Your Bank has also established 46 R-SETIs (Baroda
Swarojgar Vikas Sansthan) of which 42 are in its lead districts which will also facilitate financial literacy efforts.
ā¢ Village level meetings are organized by your Bank in all the identified villages to create awareness on the banking products and services.
ā¢ Camps are also organized in the villages at the time of enrolment.
Mobile Banking Vansā¢ Your Bank has introduced Mobile Banking vans for
increasing the pace of Financial Inclusion.ā¢ These vans will have connectivity to CBS through CDMA
technology and they visit the villages on specified dates and time. The services are provided by your Bankās own staff travelling in the van.
ā¢ Five such Vans have been made operational and they cover around 41 villages. (One in Gujarat, two in UP,one in Bihar and one in Goa.)
Performance ā¢ Your Bank has completed coverage of 100% villages allotted
under financial inclusion well before the dead line of end-Mar, 2012. More than 7.61 lakh FI accounts have been opened in these villages as against the target of 7.10 lakh.
Ultra Small Branches (USBs)The technology based BC model is an evolving concept and various issues were encountered by your Bank in implementation of FI through this model. The Ministry of Finance, Government of India as well as the RBI were issuing various guidelines from time to time to make implementation of financial inclusion more effective. In the strategy and guidelines on financial inclusion issued by Ministry of Finance in Oct, 2011,there was a suggestion to open brick and mortar branches in larger habitations with population of 5,000 and above in the under-banked districts. However, keeping the viability of brick and mortar branches in such villages, they further issued guidelines on opening of thin structures called Ultra Small Branches in all the villages allotted for financial inclusion.
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USB Model Adopted by the Bankā¢ A BC is appointed in a village and provided with POS
machine/ hand held terminal to provide banking services in the village through USB.
ā¢ The place for USB is identified preferably in Gram Panchayat or Common Service Centre in village.
ā¢ The board is displayed inside each USB indicating various banking services being provided by your Bank at USB. There is also a board giving details of BC, his contact number, name/contact number of link branch, fixed day/ time of visit by officer etc. for the convenience of villagers.
ā¢ The business correspondent is providing services like cash deposits, payments up to certain limit, remittances, account balance enquiry, mini-statement etc.
ā¢ A bank officer from the link branch visits the USB once in week at pre-fixed time and day for financial inclusion activities in village, as specified by the Ministry of Finance.
ā¢ Minimum furniture such as table, three to four chairs etc. have been provided in an ultra small branch.
initiatives taken for Effectivenessof USBs ā¢ The village level publicity campaign has been conducted
to create awareness amongst the villagers, with the help of Gram Panchayats as well as in some cases block development offices.
ā¢ The signboard along with swabhimaan logo is displayed at a prominent place in the village indicating details of the BC and link branch along with working hours.
ā¢ The BCs are provided with a brief profile of the villages including population of village, number of households in village, number of KCCs/ GCCs issued in respective village and other details, so that they can perform with better focus on village needs.
ā¢ All USBs are mapped for weekly visits by the officers of respective link branch. We have also devised a proper reporting system for monitoring these visits by the respective regional offices and corporate office.
ā¢ All the BCs are provided with the uniform T-Shirts, Caps and Identity cards in all the villages.
ā¢ The uniform posters about the services available at USBs are provided to all the zones and regions in local languages for displaying at the USBs.
ā¢ In order to overcome shortages and cater to the requirement of manpower in officer cadre, we are starting capacity building programmes to train other cadres to perform the job role of officers in the same spirit as desired by the MoF from visiting officer. The preference would be given to local staff as far as possible so that they can converse in the local language and get appropriately connected with villagers. This will also facilitate a confidence building amongst the villagers about the FI initiatives of your Bank/ Govt. of India. The pilot project of such capacity building initiative would be started in Gujarat and rolled out in other states upon success of said pilot project.
Advances to SC/St Communities during FY12The outstanding advances granted by your Bank to SC/ST communities have been growing year after year. This is evident from the fact that the outstanding advances granted to these beneficiaries went up from Rs 3,760 crore as at end-March, 2011 to Rs 4,336.02 crore as at end-March, 2012. In fact, the SC/ST communities accounted for a share of 27.0% in the total advances granted to weaker sections by the Bank during the year under review. Furthermore, a special thrust is laid by your Bank in financing SC/ST under various government sponsored schemes namely Swaranjayanti Gram Swarojgar Yojana (SGSY),Swarna Jayanti Shahari Rojgar Yojana (SJSRY), Prime Minister Employment Generation Programme (PMEGP), etc.
Baroda Swarojgar Vikas Sansthans (BSVS) have been giving due preference to SC/ST communities while selecting the trainees. It is heartening to indicate that so far, these centres have trained 55,761 youths under the SC/ST category.
international Business
The global economy has not fully come out of the turmoil witnessed following the global financial crisis in 2008 in spite of the prompt measures taken by several countries around the world. Even in such challenging scenario, the International Operations of your Bank could achieve excellent results during FY12 and again proved the Bankās resilience to global shocks.
Ultra Small Branch - Financial Inclusion Initiative.
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In order to achieve the stated goals, it was necessary to continuously understand the economic and banking environment in which your Bank operates, take lessons and make suitable changes in the business approach and actions. Your Bank kept a continuous watch on the trends emerging in the economic/financial sectors of the countries of its operation by factoring in the impact of global events.
Your Bank is in an advantageous position having large network of overseas branches and strong customer base built over the years. Your Bank has taken various technological and other initiatives at its overseas centres to garner a larger share of the business.
The excellent performance was possible during FY12 due to the Bankās focused attention and persistent efforts to stretch and improve upon its own capabilities and the support that it received from all its stakeholders.
The International Operations of your Bank are keeping pace with the fast changing environment to become increasingly more competitive in global terms and aiming for higher growth with profitability
The Branch Expansion plan was continued during the year to take advantage of the business opportunities. During the year FY12, five new branches/offices were opened, including four branches of the subsidiaries. Your Bank primarily concentrated on expanding the network in countries where it is already present to tap the opportunities offered by the upcoming centres and enhance the market share in the country of operation.
Business and Profit Performance
During FY12, the total business (Deposits + Advances) of your Bankās overseas branches registered a growth of 44.64%. The Customer Deposits increased by 40.41%, Total Deposits by 45.23 % and Advances by 43.92%. The growth numbers look slightly aggressive because of the depreciation of rupee to the tune of 14.11% between end-March, 2011 and end-March, 2012.
During FY12, the International Operations contributed a sizeable 28.27% to the Bankās global business in line with its business aspirations.
total AssetsTotal Assets of your Bankās International Operations increased from Rs 91,273 crore as of March 2011 to Rs 1,28,398 crore as on March 2012 registering a growth of 40.67% during the year.
Profit
The Gross Profit for the year FY12 registered a healthy growth of 48.51% over the level of previous year. The Net Profit too recorded commensurate growth of 45.19% during the year. Your Bank was able to improve the spreads and also show good increase in Other Income.
Contribution of international operations to your Bankās global Net Profit is 23.35%.
Asset QualityIn the current scenario of economic downturn and uncertainties, there was a stringent monitoring of assets by the Bankās Top Management to safeguard your Bankās interest. Your Bank has put in place an efficient loan processing, credit audit and credit monitoring mechanism. Borrowal accounts experiencing liquidity mismatch/crunch due to recessionary trends prevailing in the global economy/delay in projects for reasons beyond their control were restructured during the year FY12 based on their future cash flows and keeping the RBI guidelines in the matter in focus. These accounts as well as the accounts restructured in previous years were monitored regularly to maintain the asset quality and avoid any slip back. Gross Advances during the year increased by 43.73% over the level of Marā11, which meansyour Bank could maintain the healthy growth trend even during the challenging times. There were a few slippages and the Gross NPAs of your Bank as percentage to Total Advances marginally increased from 0.62% as of Marā11 to 0.68% as on Marā12.
international PresenceYour Bankās international presence covered 24 countries through its 89 offices during FY12 as under.
Bankās Overseas Branches/Offices 55
Bankās Representative Offices 2
Branches of Bankās Overseas Subsidiaries 32
total 89
In addition to the above, your Bankās associate in Zambia has 14 branches.
Overseas ExpansionDuring the year FY12,your Bank opened five new branches/offices (including that of the subsidiaries). An Electronic Banking Service Unit (EBSU) was opened at Hamriya Free Zone, Sharjah (UAE) and four branches of the subsidiaries were opened at Ovino Market (Uganda), Kakamega (Kenya), Nyali (Kenya) and Mon Repos (Guyana). The Representative Office in Malaysia was closed during the year as the Joint Venture Bank, namely, āIndia International Bank (Malaysia) Bhd.ā is expected to commence operations during the year FY13.
Shri Arun Shrivastava, MD, Bank of Baroda (Kenya) Ltd., receiving the āThe Most Efficient Bank ā award from Ms June Gathoni, Director, Maple Management East Africa Limited.
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Inauguration of Kakamega Branch in Kenya.
Inauguration of Mon Repos Branch in Guyana.
Future Plans in Overseas Business
Products and ServicesYour Bank has taken several steps to leverage the technology for introduction of products and services to meet the requirements of customers in the area of operation.
Your Bankās products and services are compatible with those offered by multi-national banks and local banks. These are being popularized through marketing campaigns in electronic and print media.
technologyā¢ The number of ATMs at overseas territories and
subsidiaries increased to 76 (45 onsite and 31 offsite) as on 31st March, 2012 from 68 (42 onsite and 26 offsite) as on 31st March, 2011.
ā¢ The Global Treasury Solution is implemented by your Bank at UK, UAE, Bahamas, Bahrain, Hong Kong, Singapore and Belgium.
ā¢ The Centralized SWIFT activity is operating from the Data Centre of your Bank.
ā¢ All Territories/Subsidiaries except UK and USA are routing their Swift operations through SWIFT Cell, Data Centre.
ā¢ The Payment Messaging System implemented is a middleware between Core Banking Solution (Finacle) and SWIFT, which help in āStraight Through Processing of Incoming and Outgoing SWIFT Messagesā with Anti Money Laundering check. It is implemented in all Territories/Subsidiaries, except in UK and USA.
ā¢ The Anti Money laundering Erase (Batch mode) is implemented in all the overseas centres of your Bank except in Belgium and USA.
ā¢ An āAnti Money Laundering Online List Matching Solutionā is also implemented in all the overseas centres with the exception of USA.
E-Banking in Overseas OperationsYour Bank is gradually implementing and popularizing the e-banking services at its overseas centres.
Transaction based e-banking has been implemented in UAE, UK, Mauritius, Fiji, Seychelles, Uganda, Kenya, Botswana and New Zealand. It is in the process of being implemented in Oman and Tanzania. (At present, a view based e-banking is available at both these centres).
In T&T, Guyana and South Africa, it will be introduced in the next phase which will start shortly.
The transaction based e-banking is being implemented gradually at the Overseas Centres looking to their retail base and the cost effectiveness.
Risk Management in Overseas OperationsYour Bank implemented Basel II guidelines at all its overseas territories with effect from 31st March 2008 and has already adopted Standardised Approach for Credit Risk, Standardised Duration Method for Market Risk and Basic Indicator Approach for Operational Risk.
Your Bank has initiated steps for further expanding its overseas network to tap the opportunities for canvassing business and enhancing the profitability. Necessary infrastructure is being created for further expanding the network in UAE, Oman, Mauritius, Uganda, New Zealand, Tanzania, Botswana and Ghana.
Your Bank has received āIn Principleā approval for upgradation of its Representative Office in Australia to a branch. An approval of RBI is awaited for opening of two additional branches in U.K. New centres are being identified in countries where your Bank is already present and also in new territories for further expanding the branch network.
Syndication CentreYour Bank has Global Syndication Centres at London and Dubai which focus on the business of Syndication Loans in International Market. The Offshore Banking Unit in Singapore has been further strengthened to play a more active role in canvassing the business. The International Merchant Banking Cell (IMBC) set up at the Bankās Corporate Office, Mumbai plays a supportive role to the Regional Syndication Centres and also canvasses substantial business as there was increased demand from Indian Corporates for Foreign Currency resources.
The Bankās IMBC also actively participates in loan origination.
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The Risk Management Systems and their implementation are being continuously strengthened. A separate Risk Management Department has been set up at all centres to effectively deal with the credit, market and operational risk. Risk Managers are posted at all the overseas territories and subsidiaries of your Bank.
During the year under review,BOB RAM Model was implemented at all the overseas centres for capturing vital information related to advances accounts and their pricing.
An ASCROM Model for Asset Classification and Credit Monitoring is also in the advanced stage for implementation at your Bankās overseas centres.
Regulatory ComplianceYour Bank is well known for its regulatory compliance and has always followed home country regulations rigorously.
Your Bank has a dedicated compliance team at major overseas centres for ensuring regulatory compliance across all the businesses and operations. They are responsible for identification and assessment and compliance related matters from a regulatory compliance perspective and monitoring and reporting.
All the overseas centres have prudential policies in place as per the local regulatory requirements. The territories/subsidiaries ensure that these are periodically reviewed in line with the type of business undertaken, changing scenario and taking into account modifications if any in the regulatory guidelines.
treasury Operations
Your Bank operates a State of the Art Dealing Room at Baroda Sun Tower at its Corporate Office in Mumbai. Through this dealing room your Bank is well positioned to scale up its Treasury Operations. The Treasury handles your Bankās domestic treasury operations and covers activities in various markets i.e. Foreign Exchange, Interest Rates, Fixed Income, Derivatives, Equity and other alternative asset classes. The advanced technology platforms are used by your Bank to offer a basket of financial products to its clients including Interest rate swaps, currency swaps, forwards and options.
Your Bank has also put in place a sophisticated Automated Dealing system to offer auto generated real time foreign exchange rates to the clients of its authorised branches spread across the country. As a customer friendly initiative, during the year FY12, enhancements were made in the āGlobal Treasury Solutionā facilitating instant flow of information about credits received by your Bank in favour of its customers through its foreign correspondents.
Under the Business Process Re-engineering, your Bank has successfully implemented Global Treasury solution across major financial centres. The Global Treasury Platform is running smoothly in Mumbai, London, Bahamas, Brussels, Dubai, Bahrain, Singapore, Hongkong and New York.
During the year FY12, managing growth and price stability emerged as the key challenges against the backdrop of a slowing economy weighed down by the impact of tight monetary policy and slower economic growth. The advance estimates of Indian economy suggest a growth of approximately 6.9% in
FY12, after having grown at the rate of 8.4% in each of the two preceding years. This indicates a slowdown compared not just to the previous two years but 2003 to 2011 (except FY09 a year of global financial crisis). During FY12, the RBI hiked interest rates by 125 bps taking repo rate to 8.50% before signaling a pause in Dec, 2011. To infuse liquidity into the system, the RBI reduced CRR [Cash Reserve Ratio] by a cumulative 125 bps in the last quarter of FY12 and conducted open market operations to the extent of Rs 1,29,252 crore.
Your Bankās Treasury offers customized solutions using available products viz IRS, CIRS, Forwards and Options to meet the Interest rate and Foreign Exchange risk mitigation requirements of the corporate clients. During FY12, your Bankās Treasury Division was active in taking benefit of the arbitrage opportunities available between various Treasury market asset classes including Money Market CBLO, Call, Market Repo, Government Securities and Forex markets. The Treasury actively utilised the market movements and used Overnight Indexed swaps, INBMK swaps for harnessing available hedging and trading opportunities.
Tight monetary policy coupled with a higher than announced borrowing program resulted in the benchmark 10 year Government security touching a high level of 9.0% in Nov, 2011. Against this backdrop, the Treasury focused on maintaining appropriate duration of portfolio, keeping minimal adverse impact on valuation and maintaining a good average yield on investment portfolio. The average yield on Domestic SLR investments was 7.87%. During FY12, the Treasury earned Rs 6,032 crore as Interest/Discount earnings, while the Profit on Sale of Investment and Exchange Earnings were Rs 622 and 412 crore, respectively.
The Indian Equity markets were subdued for most part of FY12. This was due to the cumulative impact of weaker recovery of the US economy, European sovereign debt crisis and muted FII inflows into the emerging markets including India. The FII inflows picked up during the last quarter resulting in the market moving to higher levels. The Equity Desk of the Treasury actively churned its portfolio and booked profits at regular intervals whenever an opportunity emerged in the markets.
The unfolding of the euro zone crisis and uncertainty surrounding the global economy have impacted the Indian economy causing drop in growth, higher current account deficit (CAD) and declining capital inflows. As in 2008, the transmission of the crisis has been mainly through the Balance-of-payments (BoP) channel. Export growth too decelerated in the third quarter of FY12, while imports remained high, primarily because of very high international oil prices. At the same time, foreign institutional investment flows declined, straining the capital account and the rupee exchange rate that touched an all-time low of Rs 54.23 per US dollar on 15 December 2011 during intra-day trading
The Foreign exchange desk of the Treasury retained its position as one of the premier market players in the Forex desks of the Public Sector Banks. The Proprietary trading desk was active in cashing in of available arbitrages, using volatility in the markets and mobilised resources in a tight liquidity position impacting the Indian markets. The turnover of the Foreign Exchange deskof your Bankās Treasury increased by nearly 14.0% on y-o-y basis during FY12.
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Your Bankās Treasury Mid-Office monitors market exposures and limits fixed by the Board of Directors, on a real time basis. The Risk Management parameters, including Value-at-risk (VaR) are used to measure Market Risk on all portfolios. These measures are backed up by the Back Testing on risk numbers and Stress Testing of various investment and currency portfolios.
Corporate Social Responsibility (CSR)As a responsible corporate citizen, it has been the vision of your Bank to empower the community through socio-economic development of underprivileged and weaker sections. In its continued efforts to make a difference to the society at large, your Bank intensified its efforts further in this direction in FY12.
Your Bank has established Baroda Swarozgar Vikas Sansthan (Baroda R-SEti) for imparting training to unemployed youth, free of cost for gainful self employment and entrepreneurship skill development which help them improve their family economic status and also gives a boost to various regional economies within these locations. All the Lead Districts of your Bank have R-SETI each. About 46 such Sansthans have been established by your Bank in which more than 1,22,000 youth have been trained and around 75,000 have been gainfully self employed.
Your Bank has established 52 Baroda Gramin Paramarsh Kendra for knowledge sharing, problem solving and credit counseling for rural masses across the country. In order to spread awareness among the rural mass on various financial and banking services and to speed up the process of financial inclusion, your Bank has also established 21 Financial Literacy and Credit counseling Centres (FLCC)during FY12 making the total number of FLCCs to 39.
Asset Quality Management
The year FY12 has been a challenging year for the banking industry to maintain the Asset Quality due to a fragile economic environment. However, your Bank has continued its practice of rigorous monitoring and recovery of the NPA portfolio besides preventive mechanism for restricting slippages at the minimum level. Your Bank has continued its leadership position in the NPA management area in the Indian banking sector.
Indian banks, in general, witnessed heavy incidence of slippages in FY12 due to volatile financial markets both within and outside India, higher inflation and higher interest rate regime throughout the year FY12. In spite of various depressed economic parameters impacting the Bank, fresh slippages, during the year,were kept under control at 1.44% of the opening Standard Advances of your Bank. Against the backdrop of high slippages, the ratio of Gross NPA to Gross Advances was at 1.53% as on 31st Mar, 2012.Consequently, the ratio of Net NPA to Net Advances marginally increased to 0.54% by end-Mar, 2012.
Your Bank continued to maintain the Loan Loss Provisioning ratio at higher level than the mandated norms set by the RBI during FY11. Its Loan Loss Provisioning ratio was higher at 80.05% as on 31st Mar, 2012 after taking into account the Prudential/ Technically Written-off advances.
During the year under review, your Bank laid down a comprehensive structure of recovery and credit monitoring function at the Branch, Region, Zone and Corporate levels. Besides this, the Nodal officers at each DRT centre were assigned the role of a follow-up of legal cases on day to day basis so as to minimize the delay in obtaining decrees and execution thereof in order to expedite and maximize recoveries. Additionally, Lok Adalats, Recovery Camps and Village Chaupal Meets were regularly conducted by your Bankās branches to reduce long pending cases and expedite recoveries in small accounts.
Your Bank continued its emphasis on follow-up mechanism to explore recovery prospects of NPA accounts. The system of monitoring of large value NPA accounts of say Rs 25 lakh and above directly from the corporate office has ensured proactive action by branches, advocates, recovery agents, etc. Therefore, the cash recovery in NPA accounts during FY12 was Rs 580 crore, much higher than the cash recovery of Rs 455 crore during FY11. The upgradation was substantially higher at Rs 336 crore during FY12 compared to Rs 189 crore during FY11.
During the year FY12, your Bank laid specific focus on recovery of small accounts by organizing Lok Adalats and Recovery Camps at village/town level. Your Bank also launched an incentive- linked recovery scheme called āSankalp ā IVā to enlist personalized attention of each and every staff member in pursuing recovery efforts of small value accounts with an outstanding up to Rs 15 lakh. The cash recovery made during the year FY12 under the scheme was very impressive at Rs 191 crore.
The asset classification wise breakup of advances portfolio of your Bank is as under.
(` crore)
Asset Category (Gross) 31st March 2012 31st March 2011Standard 2,86,542.59 2,28,173.03Gross NPA 4,464.75 3,152.50Total 2,91,007.34 2,31,325.53Gross NPA is comprising of:Sub-standard 2,661.82 1,097.23Doubtful 1,318.71 1,336.64Loss 484.22 718.63Total Gross NPA 4,464.75 3,152.50
Shri N.S. Srinath, ED giving certificate to one of the participant of BSVS, Surat.
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information technology
Your Bank has undertaken a total end-to-end business and IT strategy project covering your Bankās domestic, overseas and subsidiary operations.
ā¢ Your Bank has built the best of technology infrastructure by implementing a state-of-the-art Data Centre conforming to Uptime Institute Tier-3 standard and also a Disaster Recovery Site in different seismic zone with redundancy built in every single point of failure to ensure uninterrupted banking service delivery to customers. After successfully migrating Data Centre to new Data Centre in the Bankās own premises during previous financial year, your Bank had undertaken Disaster Recovery Centre expansion during the year to support its business growth and technology expansion.
ā¢ Your Bank has also undertaken various other technology initiatives like windows server virtualization, desktop virtualisation and backup consolidation as green initiatives and also to improve Data Centre operational efficiency. Bank wide network was migrated to new technology based on MPLS for improving uptime and on demand upgrade. Enterprise Management System was upgraded and new modules deployed to effectively manage and monitor Bankās growing IT infrastructure.
ā¢ The Core Banking System was migrated to higher version with enhanced features. Various new modules like Fixed Assets maintenance, sales tracker module, centralized service tax, eBRC (Bank Realisation Certificate) module, account number portability, workflow automation for New Pension Scheme ā Swavalamban were implemented during the year.
ā¢ In order to enhance security and confidence in Internet Banking, your Bank introduced enhanced security features by deploying Fraud Management Solution, including two factor authentications. Your Bank continued to add more facilities under its Internet Banking channels. Internet Banking, viz., Baroda Connect, now provides speedy and secured facility to transfer funds to self, third party (within BOB) and inter-bank. Other facilities available are online opening of Fixed Deposits, Railways Freight Payment, online payment of Direct and Indirect Taxes and certain State Government Taxes, utility bills, rail tickets, online shopping, donation to temples and institutional fee payment. Corporates also have the facility of direct salary uploads, trade finance. Various State Tax payments have been enabled during the year. The SMS Alerts, RTGS/NEFT transactions are also provided in internet banking portal. ASBA (Application Supported by Blocked Amount) functionality has been provided in Baroda Connect for Online subscription to Initial Public Offers and Follow-on Public Offers for applying for Equity Shares. Transaction based Internet Banking has also been implemented in Uganda, Botswana, New Zealand, UAE, Kenya, Mauritius, Seychelles, Fiji and UK providing facilities such as fund transfer to self and third party, bill payments, corporate salary upload and online shopping. View based internet banking has been implemented overseas in Oman and Tanzania.
ā¢ Mobile Banking ā BARODA M-CONNECT ā one more alternate delivery channel was added to provide various facilities to customers, viz., Balance Enquiry, Mini Statement, Linking of Multiple Accounts, Fund Transfer, Request to the Bank, Bill Payments, Ticket Booking,
Shopping, Feedback/ Complaints etc. The IMPS was also enabled through Mobile Banking for interbank fund transfer.
ā¢ The ATM Switch was upgraded during the year to support increasing volume of transactions and ATMs. The ATM switch is operational in India, UAE, Oman, Mauritius, Fiji, Tanzania, Botswana, T&T and New Zealand. ATM switch is integrated with seven interchanges viz. National Switch NFS(NPCI), Visa, MasterCard, CBUAE (UAE), CBOMAN (Oman), Link (T&T), Paymark (New Zealand) to provide convenience to customers by increasing delivery points through ATMs covered under these switches. As a customer centric initiative, Bank has implemented self-linked fund transfer, Institution fees payment, mobile banking registration, mobile number updation, biometric authentication enabled ATMs, tax payment, multiple accounts being linked to a single Debit Card, Verified by VISA, CVV2, Visa Platinum, Maestro Debit Card, Biometric Card, PIN change and mini statement through other Bank ATMs. Mobile ATMs have been launched in Ahmedabad, Pune, Lucknow and New Delhi. Some value added features like online cash deposit and cheque deposit, cheque book request, statement request, envelope cash and cheque deposits services are introduced in UAE.
ā¢ Internet Payment Gateway services for debit cards/credit cards are increasingly offered to merchants and internet shopper as a safe and secure channel for online purchases.
ā¢ The SMS Alerts delivery gateway was upgraded to extend the facility to all customers of your Bank.
ā¢ During the year, customers are provided with one more service delivery channels with the launch of Contact Centres in Lucknow and Baroda.
ā¢ The Retail Depository Services are made available to your Bankās customers. With a centralized depository application, branches are equipped to provide depository services for both NSDL as well as CDSL. With Online Trading System, your Bank will be able to provide complete suite of online services to the customers for trading in instruments like equities, mutual funds, bonds and initial public offering (IPOs).
ā¢ Cash Management System is a full-function web enabled cash management solution offered to your Bankās customers, covering services like Receipt Management (Collections), Payment Management and Invoice Management (Receivable and Payable Management).
ā¢ New Credit Card Management System has been implemented to provide comprehensive management and support for your Bankās Credit Card operations.
ā¢ All CBS branches are enabled for interbank remittances through RTGS and NEFT. RTGS and NEFT have also been interfaced with our internet banking portal. The Straight Through Processing (STP) of NEFT Inward Messages have been implemented for the Bank as well as RRBs.
ā¢ The SWIFT facility for worldwide inter-bank financial communication is provided at Foreign Exchange Authorised Branches in India as also in overseas territories.
ā¢ The Payment Messaging Solution (PMS) is implemented in 20 overseas territories & all authorised branches in India. PMS facilitates validation and formatting of SWIFT messages generated from CBS as per SWIFT standards, and also goes through AML check.
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ā¢ During the year, a grid based Cheque Truncation System (CTS) was implemented in Chennai, Coimbatore and Banglore.
ā¢ For improving your Bankās service delivery, the Back Office functions have been centralised at City Back Offices and Regional Back Offices. During the year, your Bank added five more Regional Back Offices. Your Bank now has 70 City Back Offices and 10 Regional Bank Offices. The personalised cheque books issuance has been centralized. Your Bank has also started centralised FCNR operations.
ā¢ Automated Cheque Processing Centre (Inward & Outward) was implemented in Mumbai. Your Bank has also initiated the process of implementation in Surat, Ahmedabad, as a part of Business Process Re-engineering under its Project Navnirmaan.
ā¢ The Integrated Global Treasury Solution has been implemented in UK, UAE, Bahamas, Bahrain, Hongkong, Singapore, Belgium and in India, reducing the cost of operations and better fund management.
ā¢ For regulatory compliance, the Anti Money Laundering (AML) has been implemented in India and 20 overseas territories. Your Bank has also implemented Risk Management solution.
ā¢ Enterprise wide GL Solution has been implemented. This provides variety of inputs to your Bank for strategic decision making in business development and also generates enterprise wide consolidated reports.
ā¢ The Centralised Payroll, Salary module, e-TDS module and Leave Module have been implemented for all your Bankās offices in India.
ā¢ The Human Resource Networking for Employees Service has been implemented with the objective of creating a central database of the Bank employees for facilitating decision-making, promotion and selection exercise as also for automating other HR process.
ā¢ Your Bank had also undertaken as a part of its business strategy, Data Warehouse for providing flexible and interactive source of strategic information, Customer Relationship Management for better customer insight and uniform customer view across channels.
ā¢ The IT setup has been developed for account opening process and transactions, both online and offline, to be carried out through Business Correspondent thus enabling Financial Inclusion. The Mobile Van Banking is launched in Gujarat, UP & Bihar on a pilot basis as the Bankās Financial Inclusion initiative.
ā¢ The Solar Power Generation System (SPGS) was implemented during the year in additional rural branches to ensure uninterrupted banking services to the Bankās rural customers. The SPGS will provide an alternate source of energy through UPS at branches that face acute power shortage or have large load shedding.
ā¢ A robust Information Security Management System was put in place during the year under review to protect the technology against security threat.
Future Plans in itā¢ Various IT initiatives under Financial Inclusion are being
proposed like ā Aadhaar Enabled Payment System (AEPS), Aadhaar Payment Bridge (APB), Ultra Small branches, etc.
ā¢ Some more Customer Centric initiatives are proposed like Interbank Mobile Payment Service (IMPS) through ATM, Internet Banking, RuPay Card ā ATM & Point of Sale (POS) implementation, European Master Visa (EMV) implementation, Chipbased card, more facilities through Interactive Voice Response System (IVRS), NEFT through ATM, utility bill payment through ATM, etc.
ā¢ The advanced phases of Customer Relationship Management and Data Warehouse are also being planned.
ā¢ Your Bank has plans to upgrade existing applications like Exchange, eBusiness suite with enhanced features.
ā¢ It also proposes implementation of Business Analytics, Employee Performance Management System, Employee Incentives and Manpower Planning.
ā¢ It further proposes implementation of Security Operation Centre for enhanced IT security.
ā¢ It has planned technology projects like optimal utilization of IT infrastructure, archival project, IPV6 implementation, Biometric authentication for internal users, IT infrastructure for growth, etc.
E-businessYour Bankās e-business department provides different types of Alternate Delivery Channels (ADC) such as ATMs, Internet Banking (Baroda Connect), RTGS/NEFT, Phone Banking, Internet Payment Gateway (IPG) etc. In addition to this, the e-banking department of your Bank looks after Depository Services, Cash Management Services & Sale of Gold Coins. This year, the Bank successfully launched Contact Centers from Lucknow & Baroda, mobile banking and pre-paid gift card etc. Given below is the performance of various segments under the e-Business activity, during FY12.
AtM/DEBit Card Operations
Particulars 31/03/2011 31/03/2012
No. of ATMs operationalised 1,561 2,012
No. of Debit Cards Issued 62.71 lakh 80.44 lakh
During FY12, your Bank received NFS Operational Excellence Award for ATMs from National Payments Corporation of India (NPCI) ā Best Bank in Public Sector category.
Shri M D Mallya, CMD inaugurating 104 new ATMs on Bankās 104th Foundation Day. Shri N S Srinath, ED and Shri P D Singh GM (E-Business) are also seen
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Baroda Connect (Internet Banking)
Particulars 31/03/2011 31/03/2012
No. of Users 5,73,575 8,10,430
No. of A/cs. Linked 21,90,700 32,49,216
New Initiatives in FY12
a) Fraud Management Solution (FMS) was implemented in August 2011 to make internet banking system foolproof/secured. No Phishing induced transactions were reported in the previous two months.
b) Online FDR through Baroda Connect was launched in January 2012.
Baroda RTGS/NEFT
Particulars 2010-11 2011-12RTGS NEFT RTGS NEFT
No. of Inward Transactions
13,98,612 34,24,515 16,62,070 61,37,139
No. of Outward Transactions
19,25,969 14,88,661 21,47,527 29,48,252
Avg.Transactions per day (Inward)
5,793 17,035 7,720 28,376
Avg.Transactions per day (Outward)
7,235 8,015 9,338 13,211
Baroda Cash Management Services
ā¢ During financial year FY12, the total number of transactions in BCMS was 14.19 lakh with total turnover of Rs 10,355 crore. A profit of Rs1.39 crore was earned.
ā¢ The number of customers has increased from 92 as on 31st March 2011 to 206 as on 31st March 2012.
ā¢ It is proposed to extend these services to 100 more centers in a phased manner.
Baroda e-Gateway (Internet Payment Gateway)
ā¢ As on 31st March 2012, 124 Merchants were registered as against 52 as on 31st March 2011 and total turnover during FY12 was Rs 26.49 crore. A Profit of Rs 27.94 lakh was earned during FY12.
Sale of Gold Coins
ā¢ Your Bank started selling the gold coins since October 2007.
ā¢ At present, gold coins in denomination of 2gm, 4gm, 5gm, 8gm, 10gm, 20gm and 50gm are sold. During the year FY12, 80,958 gold coins weighing 668.45kg were sold.
ā¢ A profit of Rs11.20 crore was earned from this activity during the year FY12.
New Products Launched during FY121. Mobile Banking
2. Pre-paid Cards
3. Contact Centres at Lucknow & Baroda
4. Different variants of Debit Cards:a) Visa Platinum Debit Card b) Mastercard āCombiā Gold Debit Card
Launch of Baroda Gift Card by Shri M D Mallya, CMD along with Shri N S Srinath ED and Shri P D Singh, GM (E-Business)
Inauguration of Baroda Contact Centre by Shri M D Mallya, CMD.
Alternate Delivery Channel : Mobile Banking
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5. Maestro PIN Debit Card
new Products to be Launched Shortly1. Launch of Foreign currency international travel card.
2. Value added services like top-up, DTH recharge, utility payment, ticketing etc. through multiple delivery channels like internet banking, mobile banking, ATM, website etc.
3. Introduction of corporate business solutions including web based Cash Management, e-commerce portal, reimbursement/payroll for their staff etc. to garner new/additional business through e-products/services.
4. Structured loyalty and rewards program to increase debit card usage and associated earnings.
human ResourcesHuman Resource strategies have been a key component of your Bankās overall efforts for business transformation and augmenting performance of its operational units. The prime objective of the HR function is to harness the employee potential for serving the customers better. Your Bank is endowed with a competent and highly motivated employee base of around 42,175 people who are engaged in handling the mammoth business operations of your Bank.
Your Bank took some major HR initiatives during the year FY12 in order to cement its position in the top league of banks. Some of these initiatives, as described below, are unique and path-breaking for the entire Public banking sector as a whole.
Opening of āBaroda Manipal School of Bankingā
Your Bank initiated this innovative resourcing channel during the year FY12, in tie-up with Manipal Global Education Services. The Baroda Manipal School of Banking will provide a batch of around 180 fully trained officers per quarter with effect from Sept, 2012 onwards who shall be deployed against your Bankās requirement of specific profiles of officers. The students undergo a focused grooming which is tailored to BOBās requirements, while undertaking a one-year full-time PG course in Banking
& Finance in Baroda Manipal School of Banking, before being absorbed in your Bank with first-day, first hour productivity as the main objective.
Launch of hR transformation project ā āSPARShā
This focused project was initiated by your Bank during this year to revamp its existing HR processes, structures and policies in order to support the technology and business transformation of your Bank. Various initiatives like Talent management, Succession planning, creating a scientific staffing model & manpower planning, development and capability building, performance management, etc. were started under this project.
implementation of hR technologyYour Bank has created a very comprehensive HR technology platform covering HRM, Training, Payroll & Leave modules christened the Human Resources Network for Employee Services (HRNes). This technology platform has enabled automation of various HR functionalities and various modules under this system were continued to be implemented during the year.
hR initiatives in Capability BuildingSubstantial training and developmental activities were carried out during FY12, which included comprehensive grooming programmes in the area of Credit, Forex, Dealings, Branch Management, Planning, Risk Management, etc. besides soft skills programmes and ensuring all-round development and grooming of young officers and new recruits through a structured six-month long new joinee induction programme.
Your Bank conducted 2,334 training programmes in-house (through its network of 12 Training Centres across the country, one IT training center and an Apex Training College at Ahmedabad) and thereby trained 48,090 people during the year. Besides, your Bank also sent around 1,221 employees for undergoing training in various reputed external training institutes
Dr. K C Chakrabarty, Dy. Governor, RBI, addressing the
students of Baroda Manipal School
Various Credit and Debit Cards issued by the Bank.
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of the country and even abroad. All General Managers and Dy. General Managers of your Bank were sent to undergo a Top Management programme at one of Indiaās best B-Schools viz. ISB, Hyderabad whereas in another initiative, your Bank trained more than 400 especially identified people across your Bank to undergo a focused Mentoring programme in order to act as āmentorsā to newly recruited officers.
Leadership DevelopmentTaking into account the critical need for building leadership competencies in people, your Bank has launched a comprehensive leadership development program āProject UDAAnā covering Branch Heads of all Urban and Metro Branches and all the Assistant General Managers and Deputy General Managers with the objective of creating leaders for the future. Such a massive and comprehensive leadership development effort is unparalleled in the industry and first of its kind for an Indian state-owned Bank.
The programme has been structured around three modules of leadership viz. āLeading Selfā, āLeading Othersā and āLeading Businessā and each of the three modules are being addressed through a combination of off-site Forum events and Coaching clinics. The programme covered around 960 participants in seven batches (waves) across seven zones of your Bank during the year FY12 and around 460 more participants shall be covered in another three batches in the next year.
Recruitment DriveYour Bank has been undertaking focused hiring efforts on a sustained basis year on year, to cater to superannuation, sustained business growth and rapid Branch expansion.Various recruitment exercises were undertaken during the year to address the emerging manpower requirements in your Bank. Recruitment of Specialist officers, probationary officers, recruitment of young MBAs directly from the campuses of renowned Business Schools were initiated in large numbers to meet the needs of your Bank, both in terms of replacements for normal attrition and factoring in the business growth needs. Your Bank recruited 1,726 Officers in various Grades/Scales (both Generalists & Specialists), 1,395 Clerks and 629 Subordinate staff members. With another 125 new hires in the process of joining,your Bank has thereby inducted a total of 3,875 new employees during the period FY12. The recruitment process is continued in the year 2012-13 also with various recruitment projects underway for filling up almost 1,000 posts of officers and 2,000 posts of clerks.
Framework for Career ProgressionSpecial efforts were made during the year under review to fulfill the growing aspirations of the employees for faster
career progression, thereby, motivating employees for higher productivity. Your Bank has been regularly promoting people in all grades / scales, year after year, without a break, in order to keep on continuously rewarding its top performers and make them assume higher responsibilities faster. In keeping with this trend, a large number of promotion exercises were undertaken during the year FY12 also, the results of which are given below.
Sub-Staff to Clerk 207
Clerk to Officer 450
JM-I to MM-II (Officer to Manager) In progress for filling up 600
vacancies
MM-II to MM-III (Manager to Sr Manager) In progress for filling up 500
vacancies
MM-III to SM-IV (Sr. Manager to Chief Manager) In progress for filling up 275
vacancies
SM-IV to SM-V (Chief Manager to Asstt. Gen. Manager)
85
SM-V to TEG-VI (Asstt. Gen. Manager to Dy. Gen. Manager)
28
TEG-VI to TEG-VII (Dy. Gen. Manager to General Manager)
11
Special thrust on Development of SC/St/Other Backward CommunitiesYour Bank is committed to the constitutional safeguards and social objectives for development and welfare of persons belonging to SCs, STs and other backward classes in society. Your Bank is one of those banks in the entire banking industry that have the highest number of employees belonging to SCs and STs, which itself shows the commitment of the Bank towards their development and upliftment. Some of the highlights of your Bankās efforts for development and welfare of people belonging to SCs and STs are enumerated as under.
Reservation in EmploymentYour Bank observes all guidelines stipulated by the Government of India for reservation of posts in employment in All India recruitment and local recruitment. Around 15.0% posts are reserved for SCs and 7.5% posts are reserved for STs in all India recruitments. For other recruitments made on regional basis, appropriate percentage prescribed for various States is being observed.
Special efforts are made like offering pre-recruitment orientation training to SC/ST applicants for recruitment in your Bank. Relaxation in age limit and qualifications are given and interviews of SC/ST candidates are taken on relaxed standards in order to ensure that appointment of candidates to the reserved posts happens. In the Interview Panel for recruitment, a member belonging to SC/ST is invariably associated. Candidates belonging to SC/ST, who are called for interview, are reimbursed traveling expenses. In addition to providing reservation in employment, your Bank is also providing reservation and other enabling mechanisms in career growth and promotions for SC and ST employees as per the guidelines in vogue. Pre-promotion training before participating in promotion exercises is also provided. Around 10.0% of the available residential accommodation of your Bank is also reserved for SC/ST candidates.
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The staff strength and representation of SCs and STs as of 31st March 2012 is as under.
Cadre total SC SC % St St%
Officers 16,953 2,936 14.76 1,159 6.84
Clerks 16,448 2,428 17.32 1,070 6.51
Substaff 8,046 2,845 35.36 733 9.11
Total 41,447 8,209 19.81 2,962 7.15
SC/St Cell
An exclusive SC/ST Cell in your Bank has been set up to monitor the reservation and other enabling provisions for SC/ST employees. An executive in the rank of General Manager is appointed as Chief Liaison Officer for SC/ST employees who ensures compliance of various guidelines pertaining to the SC/ST employees. A Liaison Officer for SC/ST has been appointed in each Zone of the Bank who takes care of all matters and grievance redressal of SC/ST employees of that Zone.
Meeting with SC/St Welfare Association
With a view to have direct dialogue and review of reservation and other special provisions for SC and ST, your Bank holds quarterly meetings with the representatives of SC/ST Welfare Association of the Bank. Your Bankās Chairman and Managing Director and Senior Executives including the Chief Liaison Officer for SC/ST participate in the meeting.
Bharat Ratna Dr. Babasaheb Ambedkar Memorial trust
Your Bank has established the āBharat Ratna Dr. Babasaheb Ambedkar Memorial Trustā in 1991 for promoting welfare activities for the benefit of SC/ST employees and their family members. Apart from scholarships to children of employees belonging to SC/ST, the Trust also provides scholarship to needy students belonging to SC/ST community, in general, in major centres of the country.
Visit of national Commission for Scheduled CastesThe National Commission for Scheduled Castes visited your Bank at various places during the year viz. at Ahmedabad (09.09.2011), Rajkot (16.09.2011), Surat (08.10.2011), Anand (09.11.2011), Bulsar (11.11.2011), Jamnagar (23.12.2011), Bharuch (05.12.2011), Udaipur (29.12.2011), Mehsana (27.01.2012), Godhra (17.03.2012), Kolkata (21.02.2012) and Jodhpur (29.03.2012) to review the implementation of the reservation policy of the Government of India for SCs in your Bank, had discussions and interactions and examined the level of implementation of the policies and programmes. It may be noted that the suggestions and guidance of the Commission are being scrupulously observed by your Bank.
MarketingThe breakthrough marketing communication path with the introduction of the animated mascot āStickmanā by Bank in the year FY11 had enhanced the Bankās branding and set the pace for different branding initiatives.
Taking forward this brand rejuvenation journey, the Bank had introduced the brand in Sonic Medium by launching its āSignature Tuneā on the occasion of its Foundation Day on 20th July, 2011. Your Bankās marketing communication continued to focus on enhancing the recall value of the brand and thereby providing absolute support to the field staff.
Product SupportDuring FY12, a number of product promotion campaigns were conducted to promote Retail Loans, Current Deposits, Saving Deposits, SME products, NRI products and sale of gold coins. A combination of all media vehicles [print, electronic and OOH media] was used to support the sales effort of field level units. Their efforts were also aided by suitable in-branch publicity through display of banners, posters and leaflets and general promotional events through the expanding branch network.
Marketing initiatives
ā¢ Your Bank introduced the brand in Sonic Medium by launching its āSignature tuneā on the occasion of Bankās Foundation Day on 20th July, 2011.
ā¢ Corporate branding initiatives like launch of signature tune, advertisements about financial results and awards and various product campaign promotions have aided
ā¢ Increase of Bankās Brand Value to $ 675 Million in 2012 from $ 585 Million in 2011.
ā¢ Improvement in Bankās Brand Ranking to 166 in 2012 from 214 in 2011.
(Source: Brand Finance-Top Brands Banking 500, 2012 survey)
India is a unique blend of diverse cultures, religions, languages and festivals. Bank of Baroda, Indiaās International Bank, is proud to present glimpses of this rich heritage woven intrinsically into the life of every Indian.
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Launch of Bankās Calendar for the year 2012
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Signature TuneThe year FY12 saw the launch of the āSignature Tuneā of your Bank. The signature tune is an audio piece which articulates brand personality, enhancing and impressing the visual form of Bankās logo to create a strong association of the Bankās brand with its customer and employees. It has been envisaged that this signature tune will articulate the spirit of the Bank as a vibrant, energetic, young organization complementing the Logo and its introduction signifies the commencement of a new brand era which will give a 360 degree recall value to the Bankās brand.
Other Marketing Endeavours
Various on-ground activities helped to broaden your Bankās competitive edge by improving visibility, image, prestige and credibility by supporting events where your Bank could capture attention of prospective customers and generate business. Your Bank organized and participated in many such events. Some of the major events where your Bankās branding was enhanced included viz. Vadodara Marathon - 2012, President Fleet Review Nite - 2012, Mint Annual Banking Conclave -2012 - āOpportunities and Challengesā, 10th Pravasi Bhartiya Divas ā 2012, Jaipur, Mumbai Marathon ā 2012, FICCI Series of Seminars on MSME Financing ā 2011, FICCI-IBA Banking Conference 2011, 28th Skoch Summit on Financial Inclusion and The Baroda Cup Polo Tournament. The Out-of-Home media was also well leveraged to ensure customer recall.
Awards and Industry Recognition for Bank of BarodaYour Bank received several awards during FY12, for its consistent outstanding and all-round performance (both business and financial), superior management, dedication to excellence and contribution to rural economy and financial inclusion.Given below are a few select awards won by Bank during the year FY12:ā¢ T A Pai Memorial āBest Bankerā award. ā¢ Most Efficient Bank in Kenyaā¢ Best Initiatives in Inclusive Banking ā FIBAC Banking Awards ā¢ Dun & Bradstreet (D&B) Leading Public Sector Bank in āGlobal
Business Developmentā category ā¢ National Award for performance under implementation of
PMEGP scheme.ā¢ India Best Banks and Financial Institutions Awards: MCX and
CNBCāTV18, -a. Best Public Sector Bankb. Outstanding Financial Professional ā 2010 was
conferred upon Shri M D Mallyaā¢ Commendation Certificate: Department of Official Language
ā Ministry of Home Affairs.ā¢ HR Excellence Award for Best Intellectual Human Resource
Utilization Practicesā by Amity International Business School, New Delhi.
ā¢ Golden Peacock Award for Excellence in Corporate Governance.
ā¢ āDainik Bhaskar India Pride Awards - Lifetime Achievement Award to M D Mallya
ā¢ ABCI Awards 2011.
a. Gold Trophy in Indian Language Publication- Akshayyam
b. Bronze Trophy in New Publication- Navnirmaan
c. Bronze Trophy in Special Column ā Apni Baat
d. Gold Trophy in Web Communication online ā Retail Product Campaign
ā¢ Business World Best Bank 2011 Awards
a. Fastest Growing Bank- Large
b. Banker of the Year to Shri M D Mallya, CMD
Shri M D Mallya, CMD, releasing the signature tune CD. Shri N S Srinath, ED and Shri Ulhas Sangekar, GM (HR & Marketing) are also seen in the photograph
Bankās participation in Mumbai Marathon 2012
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ā¢ Best Public Sector Bank Award by State Forum of Bankers Club, Kerala.
ā¢ ICAI awards for Excellence in Financial Reporting
ā¢ Best Public Sector Bank by NDTV Profit
ā¢ My FM Stars of the Industry Brand Leadership Award
Premises Re-Engineering and Ambience EnhancementYour Bank, in a ceremony held at Baroda on 27th June, 2011 symbolically handed an Auditorium āSir Sayajirao Nagar Gruhā having 1,008 seats, to the Vadodara Municipal Corporation, as a Centenary Year Gift to the city of Baroda.
Maharaja Ranjitsinh ji Gaekwad, the heir of H.H. Sir Sayajirao Gaekwad III and other dignitaries greatly appreciated your Bankās gesture. The State-of-the-Art building depicts all the rich cultural heritage of the town using the talents of local artisans and artists. The beautiful building has since become a landmark of Baroda City. Major Cultural events of the city are since held there.
The administrative office cum residential complex at Ghod Dod Road Surat is since completed. It is equipped with ultra modern gadgets and systems with energy efficient equipments, rain water harvesting system, eco friendly materials. Bankās presence by this building in the Diamond City is admired by one and all.
Other initiatives in Estate Management
ā¢ As per the directives from Ministry of Finance, your Bank linked its Corporate Office and all Zonal and Regional offices through State-of-the-Art Video Conferencing Systems with MPLS connectivity. Interaction of functional heads through VC has expedited the decision making process in more efficient and cost effective manner.
ā¢ Your Bank is also marching towards technology based initiatives in the form of e-tendering, e-procurement, etc.
ā¢ All payments to vendors are being made through RTGS / NEFT or credited to beneficiary account.
ā¢ Migrated all the assets, located at branches and calculation of depreciation thereon, to CBS platform with the assistance of Projects & IT Department
ā¢ Looking to the changed scenario and available delivery channels, furnishing of RBO, CBO, and Contact Center have been carried out in-house, at various locations, to ensure efficient customer services.
ā¢ In tune with your Bankās policy to have its administrative offices in owned premises, your Bank has purchased land at Bangalore (Karnataka), Hyderabad (A.P), Faizabad (U.P), Indore (MP), Udaipur, Kota, Jaipur (Rajasthan) and New Raipur (Chhatisgarh) for construction of commercial building.
Shri M D Mallya, CMD handing over the keys of Sayajirao Nagar Gruh to Dr. Jyoti Pandya, Mayor, Vadodara City.
Sayajirao Nagar Gruh at Vadodara
Inauguration of new premises of Regional office Surat, by Shri M D Mallya, CMD.
New Premises of Regional Office, Surat
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ā¢ During the year, your Bank surrendered surplus/unutilised area of approximately 30,000 sqft of branches/ offices thereby saving the rental outgo.
ā¢ Looking to the ever increasing rentals, need is being felt to use every nook and corner of the available premises. Layouts are being revisited while renovation and furnishing of branches / offices is being done by introducing eco friendly and ergonomically designed sleek furniture items.
ā¢ To have uniformity in systems and procedures pan-India, Premises Policy Guidelines, Constructions Manual, Refurbishment Manual have been formulated.
Projects under implementation
ā¢ Construction of commercial complex at Mylapore, Chennai is in the final stage of completion to house Zonal Office, Branch and Currency Chest and is expected to be occupied by the end of June 2012
ā¢ Construction of residential complex at Cenotaph Road, Chennai is nearing completion, to house the executives and VIP guests and is expected to be occupied by the end of June 2012
ā¢ Residential complex at East of Kailash, New Delhi is in the advanced stage of completion.
ā¢ Construction of commercial cum residential complex at (Tata Nagar) Jamshedpur is also nearing completion to house the RO, RBO, TC and 23 flats.
Future Plans for Estate Management
ā¢ Face lifting of Bankās building at Parliament Street New Delhi
ā¢ Redevelopment of Ram Nagar Premises at Coimbatore, to have optimum utilisation of available space for Branch / officers flats
ā¢ Construction of own building for Disaster Recovery Site at Hyderabad
ā¢ Construction of training centre at Bangalore and Zonal Office building at Jaipur.
ā¢ Renovation of Bank of Baroda Institute of Information Technology at Gandhinagar (Gujarat)
ā¢ Redevelopment of Bhandup Staff Quarters building, Mumbai, thereby to construct about 138 residential flats for transferee Officers/ Executives.
ā¢ Redevelopment of Jogeshwari Staff Quarters, Mumbai, to construct a building for residential and commercial use.
ā¢ Construction of residential cum commercial complex at Indore (MP)
ā¢ Construction of BSVS at various centers across India as per the directives from the Gov. of India
Branch network
Given below is the information on your Bankās brick and mortar distribution channels as on 31st March, 2012, which are observed to be closer to common customers as compared to the E-Banking channels, which are generally preferred by the tech savvy urban masses.
Area Classification (india)
number of Branches
% Share in total
Metro 871 22.31
Urban 718 18.39
Semi-urban 1045 26.77
Rural 1270 32.53
Total 3904 100.00
Overseas 55 --
Domestic Subsidiaries and Associates
The performance of āSubsidiaries, Joint Venture & Associatesā of Bank of Baroda was satisfactory during FY12. The BOBCARDS Limited turned around during FY11 and has made profit during FY12. The Company has focused on all qualitative aspects of business development, which has resulted in better profitability, quality card base and ME base.
The BOB Capital Markets Ltd. has been activated by appointing a professional CEO and recruiting a professional team. The focus is on Debt Syndication, Private Equity Syndication and Capital Market activities. The Company commenced Institutional Broking business in October 2009 and will be commencing retail broking shortly.
The Baroda Pioneer Asset Management Company Ltd. is in its fourth year of operation. The Company focused on Systematic Investment Plans (SIPs). During the year under review, the Company launched successful SIP campaigns in your Bankās network and has raised significant SIPs.
IndiaFirst Life Insurance Company Ltd., a joint venture company, commenced its business operations on 16th November 2009 and has received an overwhelming response from Your Bankās customers across the country. IndiaFirst has outperformed the industry by having maximum y-o-y growth of 40%. From 22nd entrant in FY10, the Company has become the 10th player among private players by 31st March, 2012. IndiaFirst has launched embedded products like BarodaFirst and Abhaya First, one of its kind in the industry.
(` lakh)
Entity (with date of registration)
CountryOwned Funds
Total Assets
Net Profit
Offices Staff
BOB Capital Markets Ltd., 11 Mar, 1996
India 12,994.38 14,141.87 737.04 1 36
BOBCARDS Ltd., 29 Sept, 1994
India 12,623.72 14,002.31 1,280.07 34 124
Baroda Pioneer Asset Mgmt Co. Ltd., 5 Nov, 1992
India 36,688.15 3,96,009.32 6,118.34 104 851
IndiaFirst Life Insurance Co. Ltd., 19 June, 2008
India 3,621.44 4,096.21 -1,312.36 1 69
Nainital Bank Ltd., 31 July, 1922
India 41,580.81 2,53,516.84 -7,257.78 15 1,457
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implementation of Official Language (OL) PolicyDuring the period under review,your Bank made significant progress with regard to implementation of Official Language Policy and ensured compliance of various statutory requirements of Official Language Act/Official Language Rules. Your Bank could achieve all major targets set by the Government of India under its Annual Implementation Programme and fulfilled the assurance given to the committee of Parliament on Official Language.
In recognition of your Bankās outstanding performance, the Bank was awarded 1st prize in Linguistic Region āAā, IInd prize in Linguistic Region āBā & āCā under RBI Rajbhasha Shield Competition. Your Bankās in-House magazine BOBMAITRI also got 4th prize from RBI.The Town Official Language Implementation Committees functioning at Jaipur and Baroda under our convenorship were awarded 1st& 2nd prizes respectively for their outstanding performance by Dept. of O.L., Government of India. Your Bankās Zonal Office, Ahmedabad & Zonal Office Jaipur got 1st& 2nd Prizes respectively from Regional O.L. Implementation office of Government of India.
Your Bankās in House Hindi Magazine āAkshayyamā was awarded by the āABCIā with āGold Prizeā under Indian Language Publication category, āApni Baatā awarded with āBronz prizeā under special column (Language) category, āNavnirman News letterā awarded with āBronz prizeā under new publication category and your Bankās website got āSilver prizeā under the website category by ABCI.
The Town Official Language Implementation Committees functioning at Jaipur & Baroda under the convernorship of your Bank discharged their responsibilities excellently. During the year, three newly constituted Town Official Language Implementation Committees started functioning at Surat, Rajkot & Jodhpur under your Bankās Convenorship and now the Bank is the Convener of a total of five Town Official Language Implementation Committees.
Your Bank recruited 28 new specialist Hindi Officers at Regional Offices for effective Implementation of Official Language Policy of Government of India.
The Third Sub-Committee of Parliament on Official Language visited your Bankās Manali Branch and appreciated the efforts undertaken by the Bank in the area of Official Language Implementation.
Your Bank introduced bilingual software namely āScript Magicā in the finacle system across all its branches (which are already on the CBS) and started generating and printing of Passbooks/Account Statements and other reports in Hindi in Region āAā & āBā. The publication of e-bulletin in Hindi namely āBaroda Hindi.Comā is promoting the use of Hindi through technology.
Board of DirectorsShri Sudarshan Sen was nominated as a Director w.e.f. 30.05.2011 by the Central Government u/s 9 (3) (c) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 to hold the post until further orders.
Shri Vinil Kumar Saxena was appointed as a Workmen Employee Director w.e.f. 25.07.2011 by the Central Government u/s 9 (3) (e) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 for a period of three years or till he ceases to be workmen employee of Bank of Baroda or until further orders, whichever is earlier.
Shri Maulin Arvind Vaishnav was re-elected as a Director by shareholders of the Bank other than the Central Government u/s 9 (3) (i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at the Extra Ordinary General Meeting held on 23.12.2011 for a period of three years from 24.12.2011 to 23.12.2014.
Shri Surendra Singh Bhandari was elected as a Director by shareholders of the Bank other than the Central Government u/s 9 ((3) (i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at the Extra Ordinary General Meeting held on 23.12.2011 for a period of three years from 24.12.2011 to 23.12.2014.
Shri Rajib Sekhar Sahoo was elected as a Director by shareholders of the Bank other than the Central Government u/s 9 ((3) (i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at the Extra Ordinary General Meeting held on 23.12.2011 for a period of three years from 24.12.2011 to 23.12.2014.
Shri R. Gandhi, who was nominated as a Director w.e.f. 30.07.2010 by the Central Government u/s 9 (3) (c) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, to hold the post until further orders, ceased to be a Director w.e.f. 30.05.2011 upon nomination of Shri Sudarshan Sen in his place.
Dr. Dharmendra Bhandari, elected as a Director by shareholders of the Bank other than the Central Government u/s 9 ((3) (i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 for a period of three years from 24.12.2008 to 23.12.2011, ceased to be a Director w.e.f 24.12.2011 on completion of his tenure.
Dr. Deepak B. Phatak elected as a Director by shareholders of the Bank other than the Central Government u/s 9 ((3) (i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 for a period of three years from 24.12.2008 to 23.12.2011, ceased to be Director w.e.f. 24.12.2011 on completion of his tenure.
Shri B B Garg, GM, receiving Rajbhasha Shield by Smt. Pratibha Devi Singh Patil, Her Excellency, President of India.
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Acknowledgement
The Directors express their sincere thanks to the Government
of India, Reserve Bank of India, Securities and Exchange
Board of India, other regulatory authorities, various financial
institutions, banks and correspondents in India and abroad for
their valuable guidance and support.
The Directors acknowledge with appreciation the assistance
and cooperation extended by all stakeholders of your Bank like
customers, shareholders and well wishers in India and abroad.
The Directors place on record deep appreciation for the hard
work and dedication of the members of your Bankās staff at
different levels, which enabled your Bank to record high quality,
consistent growth year after year despite economic challenges
and consolidate its position as one of the premier banks in the
country.
For and on behalf of the Board of Directors,
M. D. Mallya
Chairman and Managing Director
Directorsā Responsibility Statement
The Directors confirm that in the preparation of the annual accounts for the year ended March 31, 2012:
ā¢ The applicable accounting standards have been followed along with proper explanation relating to material departures, if any;
ā¢ The accounting policies framed in accordance with the guidelines of the RBI, were consistently applied.
ā¢ Reasonable and prudent judgment and estimates were made so as to give true and fair view of the state of affairs of your Bank at the end of financial year and of the profit of your Bank for the year ended on March 31, 2012;
ā¢ Proper and sufficient care was taken for the maintenance of adequate accounting records in accordance with the provisions of the applicable laws governing Banks in India; and
ā¢ The accounts have been prepared on a going concern basis.
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keĆ¢eHeexjsÅ” ieJeveXme efjHeesÅ”& 2011-12Report on Corporate Governance 2011-12
1. Bankās Philosophy on Code of Governance The Bank shall continue its endeavour to enhance
its shareholdersā value by protecting their interest by ensuring performance at all levels, and maximizing returns with optimal use of resources in its pursuit of excellence. The Bank shall comply with not only the statutory requirements, but also voluntarily formulate and adhere to a set of strong Corporate Governance practices. The Bank believes in setting high standards of ethical values, transparency and a disciplined approach to achieve excellence in all its sphere of activities. The Bank is also committed to follow the best international practices. The Bank shall strive hard to best serve the interests of its stakeholders comprising shareholders, customers, Government and society at large.
The Bank is a listed entity, which is not a company but body corporate under The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and is regulated by Reserve Bank of India. Therefore the Bank shall comply with the provisions of Clause 49 of the Listing Agreement entered into with Stock Exchanges to the extent it does not violate the provisions of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and the Guidelines issued by Reserve Bank of India in this regard.
2. Board of Directors 2.1 Composition of the Board The composition of Board of Directors of the Bank
is governed by the provisions of The Banking Regulation Act, 1949, The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970, as amended and The Nationalized Banks (Management & Miscellaneous Provisions) Scheme, 1970, as amended.
The composition of Board of Directors of the Bank as on 31st March, 2012 is as under:
1. ieJeveXme mebefnlee kesĆ¢ yeejs ceW yeQkeĆ¢ keĆ¢e oMe&ve yeQkeĆ¢, Glke=Ć¢Ā°lee heĆehle keĆ¢jves nsleg mebmeeOeveeW kesĆ¢ FĀ°lece GheĆeesie kesĆ¢ meeLe
DeefOekeĆ¢lece heĆefleHeĆ¢ue heĆehle keĆ¢jves leLee meYeer mlejeW hej keĆ¢eĆe&efve<heeove megefveeqĀ§ele keĆ¢jles ngS, MesĆejOeejkeĆ¢eW kesĆ¢ efnleeW keĆ¢er j#ee keĆ¢jles ngS leLee GvekesĆ¢ cetuĆeeW ceW DeefYeJe=efƦ kesĆ¢ efueS Deheves melele heĆĆeeme peejer jKesiee. yeQkeĆ¢ ve kesĆ¢Jeue meebefJeefOekeĆ¢ DeeJeMĆekeĆ¢leeDeeW keĆ¢e Devegheeueve keĆ¢jsiee yeequkeĆ¢ mJesĆĆehetJe&keĆ¢ keĆ¢Ć[er keĆ¢eheexjsÅ” ieJeveXme heƦefleĆeeW keĆ¢es efve<heeefole keĆ¢jles ngS GvekeĆ¢e heeueve Yeer keĆ¢jsiee. yeQkeĆ¢ heĆlĆeskeĆ¢ #es$e ceW Glke=Ć¢Ā°lee nebefmeue keĆ¢jves kesĆ¢ efueS veweflekeĆ¢ cetuĆeeW kesĆ¢ GĆĆe ceevekeĆ¢eW, heejoe|Melee leLee, DevegMeeefmele ĆeqĀ°keĆ¢esCe Deheveeves ceW efJeĆeeme jKelee nw. yeQkeĆ¢ Glke=Ć¢Ā° Debleje&Ā°^erĆe ceeveoC[eW kesĆ¢ Devegheeueve kesĆ¢ heĆefle Yeer heĆefleyeƦ nw. yeQkeĆ¢ Deheves meYeer meePesoejeW, efpemeceW MesĆejOeejkeĆ¢, ieĆenkeĆ¢, mejkeĆ¢ej Deewj JĆeehekeĆ¢ leewj hej pevelee Yeer Meeefceue nw, keĆ¢es DeefOekeĆ¢lece ueeYe hengbĆeeves kesĆ¢ efueS meIeve heĆĆeeme keĆ¢jlee jnsiee.
yeQkeĆ¢ SkeĆ¢ metĆeeryeƦ efvekeĆ¢eĆe nw, pees SkeĆ¢ keĆ¢cheveer veneR nw, Deefheleg yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 DeLee&led yeQkeĆ¢keĆ¢ejer kebĆ¢heveer Depe&ve DeefOeefveĆece kesĆ¢ lenle efvekeĆ¢eĆe keĆ¢eheexjsÅ” nw leLee YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje efJeefveĆeefcele neslee nw. Dele: mÅ”ekeĆ¢ SkeƤmeĆeWpeeW kesĆ¢ meeLe efkeĆ¢S ieS metĆeerĆeve keĆ¢jej kesĆ¢ mebMeesefOele GheKeC[ 49 kesĆ¢ heĆeJeOeeveeW keĆ¢e Gme meercee lekeĆ¢ heeueve keĆ¢jsiee, peneb lekeĆ¢ yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 kesĆ¢ heĆeJeOeeveeW Deewj Fme mebyebOe ceW YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje peejer efoMeeefveoxMeeW keĆ¢e GuuebIeve veneR neslee nw.
2. efveosMekeĆ¢ ceb[ue 2.1 efveosMekeĆ¢ ceb[ue keĆ¢e mJeĀ¤he
yeQkeĆ¢ kesĆ¢ efveosMekeĆ¢ ceb[ue keĆ¢e ie"ve yeQkeĆ¢keĆ¢ejer efJeefveĆeceve DeefOeefveĆece 1949,
yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 ĆeLee
mebMeesefOele leLee jeĀ°erĆeke=Ć¢le yeQkeĆ¢ (heĆyebOeve SJeb efJeefJeOe heĆeJeOeeve) Ćeespevee
1970 ĆeLee mebMeesefOele kesĆ¢ heĆeJeOeeveeW Ćeje Meeefmele neslee nw.
31 ceeĆe&, 2012 keĆ¢er eqmLeefle kesĆ¢ DevegĀ¤he efveosMekeĆ¢ ceb[ue keĆ¢e mJeĀ¤he
efvecveevegmeej nw.
āŗeĆ¢ce meb.
No.
veeceName
HeoveecePosition Held
31.3.2012 keĆ¢es yeQkeĆ¢ Dee]@HeĆ¤Ć¢ yeĆ[ewoe kesĆ¢ Oeeefjle MesĆejeW keĆ¢er
mebKĆeeNo. of equity shares of the Bank held as
on 31.03.2012
yeQkeĆ¢ keĆ¢er GHe-meefceefleĆeeW keĆ¢er
meomĆelee keĆ¢er mebKĆeeNo. of
membership in Sub
Committees of the Bank
yeQkeĆ¢ kesĆ¢ DeueeJee DevĆe kebĆ¢HeefveĆeeW ceW efveosMekeĆ¢ kesĆ¢ Ā®He ceW mesJeeSb mebKĆeeNo. of Director-
ship held in other Companies i.e. Other than the
Bank
DevĆe kebĆ¢HeefveĆeeW kesĆ¢ yees[& keĆ¢er GHe -meefceefleĆeeW ceW meomĆelee/
DeOĆe#elee keĆ¢er mebKĆeeNo. of Membership/ Chairmanship held in Sub Committees
of the Board in other Companies
efÅ”HHeefCeĆeeb (yeQkeĆ¢ SJeb DevĆe kebĆ¢HeefveĆeeW, efpeveceW Jes meomĆe nQ, ceW efveĆegefkeƤle keĆ¢e mJeĀ¤He(31.03.2012 keĆ¢es)
Remarks (Nature of appointment in the Bank / other Companies)
(As on 31.03.2012)
1 Ćeer Sce.[er.ceuĆeeShri M. D. Mallya
DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢Chairman and Managing Director
MetvĆeNIL
7 10 6 yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3)(S) kesĆ¢ lenle kesĆ¢vƵ mejkeĆ¢ej Ćeje 07.05.2008 mes yeQkeĆ¢ kesĆ¢ DeOĆe#e SJeb ĆøeyebOe efveosMekeĆ¢ kesĆ¢ Ā¤He ceW efveĆegĆ²eĆ¢. Jes 30.11.2012 lekeĆ¢ DeLee&le Deheveer DeefOeJee|<elee keĆ¢er leejerKe lekeĆ¢ DeLeJee Deeieeceer DeeosMeeW lekeĆ¢, FveceW mes pees Yeer henues nes, Deheves heo hej jnWies.Jes efvecveefueefKele efveosMekeĆ¢ ceb[ueeW ceW Yeer efveosMekeĆ¢ nQ-(i) YeejleerĆe efveĆee&le DeeĆeele yeQkeĆ¢(ii) ke=Ć¢ef<e efJeĆ²e efveiece efueefceÅ”s[
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85
āŗeĆ¢ce meb.
No.
veeceName
HeoveecePosition Held
31.3.2012 keĆ¢es yeQkeĆ¢ Dee]@HeĆ¤Ć¢ yeĆ[ewoe kesĆ¢ Oeeefjle MesĆejeW keĆ¢er
mebKĆeeNo. of equity shares of the Bank held as
on 31.03.2012
yeQkeĆ¢ keĆ¢er GHe-meefceefleĆeeW keĆ¢er
meomĆelee keĆ¢er mebKĆeeNo. of
membership in Sub
Committees of the Bank
yeQkeĆ¢ kesĆ¢ DeueeJee DevĆe kebĆ¢HeefveĆeeW ceW efveosMekeĆ¢ kesĆ¢ Ā®He ceW mesJeeSb mebKĆeeNo. of Director-
ship held in other Companies i.e. Other than the
Bank
DevĆe kebĆ¢HeefveĆeeW kesĆ¢ yees[& keĆ¢er GHe -meefceefleĆeeW ceW meomĆelee/
DeOĆe#elee keĆ¢er mebKĆeeNo. of Membership/ Chairmanship held in Sub Committees
of the Board in other Companies
efÅ”HHeefCeĆeeb (yeQkeĆ¢ SJeb DevĆe kebĆ¢HeefveĆeeW, efpeveceW Jes meomĆe nQ, ceW efveĆegefkeƤle keĆ¢e mJeĀ¤He(31.03.2012 keĆ¢es)
Remarks (Nature of appointment in the Bank / other Companies)
(As on 31.03.2012)
(iii) yeĆ[ewoe heeĆeesefveĆej Deeeqmle heĆyebOeve kebĆ¢. efue.(iv) Fbef[Ćee HeĆ¢mÅ”&ueeFHeĆ¢ FbMĆeesjWme kebĆ¢. efue. ā (DeOĆe#e)(v) yee@yekeĆ¢e[&me efue.(vi) yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (yeeslmJeevee) efue.(vii) yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (vĆetpeerueQ[) efue. ā (DeOĆe#e)(viii) yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (Ćetieeb[e) efue.(ix) Fbef[Ćee FbÅ”jvesMeveue yeQkeĆ¢ (ceuesefMeĆee) yeerSĆe[er (09.11.2011
mes)(x) o vĆet Fbef[Ćee SMĆeesjWme kebĆ¢.efue.Jes efveosMekeĆ¢ ceb[ue keĆ¢er uesKee meefceefle leLee heĆyebOeve meefceefle kesĆ¢ Yeer meomĆe nQ. Jes YeejleerĆe efveĆee&le-DeeĆeele yeQkeĆ¢ keĆ¢er heeefjĆeefcekeĆ¢ meefceefle kesĆ¢ meomĆe nQ. Jes efo vĆet Fbef[Ćee SMĆeesjWme kebĆ¢. efue. keĆ¢er uesKee hejer#ee meefceefle, efveJesMe meefceefle leLee heeefjĆeefcekeĆ¢ meefceefle kesĆ¢ Yeer meomĆe nQ. Jes efvecveefueefKele ieJee\veie keĆ¢eGeqvmeue kesĆ¢ Yeer meomĆe nQ - (i) jeĀ°^erĆe yeQkeĆ¢ heĆyebOeve mebmLeeve (SveDeeF&yeerSce)(ii) yeQeEkeĆ¢ie keĆ¢ee|cekeĆ¢ ĆeĆeve mebmLeeve (DeeF&yeerheerSme)(iii) YeejleerĆe yeQeEkeĆ¢ie SJeb efJeĆ²e mebmLeeve (iv) mesyeer ā meomĆe meskeĆ¢C[jer ceekexĆ¢Å” (SmeSceSmeer)DevĆe (1) YeejleerĆe yeQkeĆ¢ mebIe (DeeF&yeerS) ā DeOĆe#e(2) met#ce SJeb ueIeg GĆ eceeW nsleg $e+Ce ieejbÅ”er HeĆ¢b[ Å”^mÅ” (meerpeerÅ”erSceSmeF&)-meomĆe vĆeeme yees[&Appointed as the Chairman and Managing Director of the Bank w.e.f. 07.05.2008 by the Central Government u/s 9 (3) (a) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 to hold the office till 30.11.2012 i.e. his date of superannuation or until further orders, whichever is earlier. He is also Director on the Board of :(i) Export Import Bank of India(ii) Agricultural Finance Corpn. Ltd.(iii) Baroda Pioneer Asset Management Co. Ltd.(iv) IndiaFirst Life Insurance Co. Ltd. - (Chairman)(v) BOBCARDS Ltd.(vi) Bank of Baroda (Botswana) Ltd.(vii) Bank of Baroda (New Zealand) Ltd.- (Chairman)(viii) Bank of Baroda (Uganda) Ltd.(ix) India International Bank (Malaysia) BHD (w.e.f. 09.11.2011).(x) The New India Assurance Co. Ltd.He is also a member of the Audit Committee and Management Committee of the Board, Remuneration Committee of Export-Import Bank of India.He is also a member of Audit Committee, Investment Committee and Remuneration Committee of The New India Assurance Co. Ltd.He is also a member of the Governing Council of :(i) National Institute of Bank Management (NIBM)(ii) Institute of Banking Personnel Selection (IBPS)(iii) Indian Institute of Banking & Finance(iv) SEBI ā Member Secondary Market (SMAC)Others:(i) Indian Banksā Associat ion ( IBA) ā Chairman(ii) Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) - Member - Board of Trustees.
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āŗeĆ¢ce meb.
No.
veeceName
HeoveecePosition Held
31.3.2012 keĆ¢es yeQkeĆ¢ Dee]@HeĆ¤Ć¢ yeĆ[ewoe kesĆ¢ Oeeefjle MesĆejeW keĆ¢er
mebKĆeeNo. of equity shares of the Bank held as
on 31.03.2012
yeQkeĆ¢ keĆ¢er GHe-meefceefleĆeeW keĆ¢er
meomĆelee keĆ¢er mebKĆeeNo. of
membership in Sub
Committees of the Bank
yeQkeĆ¢ kesĆ¢ DeueeJee DevĆe kebĆ¢HeefveĆeeW ceW efveosMekeĆ¢ kesĆ¢ Ā®He ceW mesJeeSb mebKĆeeNo. of Director-
ship held in other Companies i.e. Other than the
Bank
DevĆe kebĆ¢HeefveĆeeW kesĆ¢ yees[& keĆ¢er GHe -meefceefleĆeeW ceW meomĆelee/
DeOĆe#elee keĆ¢er mebKĆeeNo. of Membership/ Chairmanship held in Sub Committees
of the Board in other Companies
efÅ”HHeefCeĆeeb (yeQkeĆ¢ SJeb DevĆe kebĆ¢HeefveĆeeW, efpeveceW Jes meomĆe nQ, ceW efveĆegefkeƤle keĆ¢e mJeĀ¤He(31.03.2012 keĆ¢es)
Remarks (Nature of appointment in the Bank / other Companies)
(As on 31.03.2012)
2 Ćeer jepeerJe kegĆ¢ceej ye#eerShri Rajiv Kumar Bakshi
keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ (keĆ¢eĆe&heeuekeĆ¢)Executive Director (Executive)
50 8 6 4 yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3)(S) kesĆ¢ lenle kesĆ¢vƵ mejkeĆ¢ej Ćeje 06.11.2008 mes HetCe&keĆ¢eefuekeĆ¢ efveosMekeĆ¢ (keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ kesĆ¢ Ā¤He ceW veeefcele) kesĆ¢ Ā¤He ceW efveĆegĆ²eĆ¢. Jes 31.10.2012 lekeĆ¢ DeLee&le Deheveer DeefOeJee|<elee keĆ¢er leejerKe lekeĆ¢ DeLeJee Deeieeceer DeeosMeeW lekeĆ¢, FveceW mes pees Yeer henues nes, Deheves heo hej jnWies.Jes efvecveefueefKele efveosMekeĆ¢ ceb[ueeW ceW Yeer efveosMekeĆ¢ nQ- (i) yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (lebpeeefveĆee) efue. ā (DeOĆe#e)(ii) Fb[es peeeqcyeĆee yeQkeĆ¢ (iii) yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (kesĆ¢vĆee) efue. ā (DeOĆe#e)(iv) Fbef[Ćee HeĆ¢mÅ”& ueeFHeĆ¢ FMĆeeWjbme kebĆ¢. efue.(v) yee@ye kewĆ¢efheÅ”ue ceekexĆ¢Å” efue. ā (DeOĆe#e)(vi) vesMeveue hesceWÅ” keĆ¢eheexjsMeve Dee@]HeĆ¢ Fbef[ĆeeJes yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (lebpeeefveĆee) efue. keĆ¢er uesKee hejer#ee meefceefle kesĆ¢ Yeer meomĆe nQ. Jes Fb[es peeeqcyeĆee yeQkeĆ¢ efue. keĆ¢er $e+Ce meceer#ee meefceefle leLee uesKee hejer#ee meefceefle kesĆ¢ Yeer meomĆe nQ.Jes Fbef[Ćee HeĆ¢mÅ”& ueeFHeĆ¢ FMĆeeWjbme kebĆ¢. efue. keĆ¢er hee@efuemeer OeejkeĆ¢ mebj#eCe meefceefle kesĆ¢ DeOĆe#e nQ.Appointed as a Whole Time Director (designated as Executive Director) w.e.f. 06.11.2008 by the Central Government u/s 9 (3) (a) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, to hold office up to 31.10.2012 i.e. the date of his superannuation or until further orders, whichever is earlier. He is also a Director on the Board of :(i) Bank of Baroda (Tanzania) Ltd.-
(Chairman)(ii) Indo Zambia Bank Ltd.(iii) Bank of Baroda (Kenya) Ltd. ā (Chairman)(iv) IndiaFirst Life Insurance Co. Ltd.(v) BOB Capital Markets Ltd. ā (Chairman)(vi) National Payments Corporation of India.He is also member of Audit Committee of Bank of Baroda (Tanzania) Ltd.He is also a member of Loan Review Committee and Audit Committee of Indo Zambia Bank Ltd.He is Chairman of Policy Holders protection Committee of IndiaFirst Life Insurance Co. Ltd.
3 Ćeer Sve.Sme.ĆeerveeLeShri N. S. Srinath
keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ (keĆ¢eĆe&heeuekeĆ¢)Executive Director (Executive)
NILMetvĆe
8 3 2 yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3)(S) kesĆ¢ lenle kesĆ¢vƵ mejkeĆ¢ej Ćeje 07.12.2009 mes hetCe&keĆ¢eefuekeĆ¢ efveosMekeĆ¢ (keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢) kesĆ¢ Ā¤he ceW efveĆegĆ²eĆ¢. Jes 31.05.2012 lekeĆ¢ DeLee&le Deheveer DeefOeJee|<elee keĆ¢er DeeĆeg heĆehle keĆ¢jves kesĆ¢ ceen keĆ¢er Debeflece leejerKe lekeĆ¢ DeLeJee Deeieeceer DeeosMeeW lekeĆ¢, FveceW mes pees Yeer henues nes, Deheves heo hej jnWies.Jes efvecveefueefKele efveosMekeĆ¢ ceb[ueeW ceW Yeer efveosMekeĆ¢ nQ -(i) yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (ef$eefveoeo SJeb Å”esyeeiees) efue. ā (DeOĆe#e)(ii) yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (Ieevee) efue. ā (DeOĆe#e)(iii) efJeĆ²eerĆe Deeeqmle keĆ¢e heĆefleYetleerkeĆ¢jCe Deewj hegvemeĆjĆevee
SJeb heĆefleYetefle efnle keĆ¢e heĆJele&ve DeefOeefveĆece 2002 (meerF&DeejSmeSDeeF&) kesĆ¢ lenle kesĆ¢vƵerĆe hebpeerkeĆ¢jCe
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āŗeĆ¢ce meb.
No.
veeceName
HeoveecePosition Held
31.3.2012 keĆ¢es yeQkeĆ¢ Dee]@HeĆ¤Ć¢ yeĆ[ewoe kesĆ¢ Oeeefjle MesĆejeW keĆ¢er
mebKĆeeNo. of equity shares of the Bank held as
on 31.03.2012
yeQkeĆ¢ keĆ¢er GHe-meefceefleĆeeW keĆ¢er
meomĆelee keĆ¢er mebKĆeeNo. of
membership in Sub
Committees of the Bank
yeQkeĆ¢ kesĆ¢ DeueeJee DevĆe kebĆ¢HeefveĆeeW ceW efveosMekeĆ¢ kesĆ¢ Ā®He ceW mesJeeSb mebKĆeeNo. of Director-
ship held in other Companies i.e. Other than the
Bank
DevĆe kebĆ¢HeefveĆeeW kesĆ¢ yees[& keĆ¢er GHe -meefceefleĆeeW ceW meomĆelee/
DeOĆe#elee keĆ¢er mebKĆeeNo. of Membership/ Chairmanship held in Sub Committees
of the Board in other Companies
efÅ”HHeefCeĆeeb (yeQkeĆ¢ SJeb DevĆe kebĆ¢HeefveĆeeW, efpeveceW Jes meomĆe nQ, ceW efveĆegefkeƤle keĆ¢e mJeĀ¤He(31.03.2012 keĆ¢es)
Remarks (Nature of appointment in the Bank / other Companies)
(As on 31.03.2012)
Jes yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (ef$eefveoeo SJeb Å”esyeeiees) efue. keĆ¢er veeceebkeĆ¢ve meefceefle kesĆ¢ DeOĆe#e nQ.Jes yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (Ieevee) efue. keĆ¢er uesKee hejer#ee meefceefle kesĆ¢ Yeer DeOĆe#e nQ.Jes DeeF&yeerS keĆ¢er keĆ¢ee|cekeĆ¢ meefceefle kesĆ¢ Yeer meomĆe nQ.Appointed as a Whole Time Director (designated as Executive Director) w.e.f. 07.12.2009 by the Central Government u/s 9 (3) (a) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 to hold the post up to 31.05.2012 i.e. the last day of the month in which he would attain the age of superannuation or until further orders, whichever is earlier. He is also a Director on the Board of :(i) Bank of Baroda (Trinidad & Tobago) Ltd.
-Chairman(ii) Bank of Baroda (Ghana) Ltd. ā (Chairman)(iii) Central Registry under the Securitisation
and Reconstruction of Financial Assets & Enforcement of Security Interest Act 2002 (CERSAI)
He is Chairman of Nomination Committee of Bank of Baroda (Trinidad & Tobago) Ltd. He is also member of Audit Committee of Bank of Baroda (Ghana) Ltd.He is also a Member of:(i) Personnel Committee of IBA.
4 Ćeer DeeueeskeĆ¢ efveiece, DeeF&SSmeShri Alok Nigam, IAS
efveosMekeĆ¢ (iewj keĆ¢eĆe&heeuekeĆ¢) kesĆ¢vƵerĆe mejkeĆ¢ej kesĆ¢ heĆefleefveefOeDirector (Non- Executive) Representing Central Government
MetvĆeNIL
6 1 MetvĆe NIL
yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3)(yeer) kesĆ¢ lenle kesĆ¢vƵ mejkeĆ¢ej Ćeje 09.12.2009 mes efveosMekeĆ¢ kesĆ¢ Ā¤He ceW veeefcele. Jes Deeieeceer DeeosMeeW lekeĆ¢ Deheves heo hej jnWies.Jes efvecveefueefKele efveosMekeĆ¢ ceb[ueeW ceW Yeer efveosMekeĆ¢ nQ - (i) efJeĆ²eerĆe Deeeqmle keĆ¢e heĆefleYetleerkeĆ¢jCe Deewj hegvemeĆjĆevee SJeb heĆefleYetefle efnle keĆ¢e heĆJele&ve DeefOeefveĆece 2002 (meerF&DeejSmeSDeeF&) kesĆ¢ lenle kesĆ¢vƵerĆe hebpeerkeĆ¢jCe
Nominated as a Director w.e.f. 09.12.2009 by
The Central Government u/s 9 (3) (b) of The
Banking Companies (Acquisition and Transfer
of Undertakings) Act, 1970 to hold the post
until further orders.
He is also a Director on the Board of :
(i) Central Registry under The Securitisation
and Reconstruction of Financial Assets
& Enforcement of Security Interest Act
2002 (CERSAI)
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āŗeĆ¢ce meb.
No.
veeceName
HeoveecePosition Held
31.3.2012 keĆ¢es yeQkeĆ¢ Dee]@HeĆ¤Ć¢ yeĆ[ewoe kesĆ¢ Oeeefjle MesĆejeW keĆ¢er
mebKĆeeNo. of equity shares of the Bank held as
on 31.03.2012
yeQkeĆ¢ keĆ¢er GHe-meefceefleĆeeW keĆ¢er
meomĆelee keĆ¢er mebKĆeeNo. of
membership in Sub
Committees of the Bank
yeQkeĆ¢ kesĆ¢ DeueeJee DevĆe kebĆ¢HeefveĆeeW ceW efveosMekeĆ¢ kesĆ¢ Ā®He ceW mesJeeSb mebKĆeeNo. of Director-
ship held in other Companies i.e. Other than the
Bank
DevĆe kebĆ¢HeefveĆeeW kesĆ¢ yees[& keĆ¢er GHe -meefceefleĆeeW ceW meomĆelee/
DeOĆe#elee keĆ¢er mebKĆeeNo. of Membership/ Chairmanship held in Sub Committees
of the Board in other Companies
efÅ”HHeefCeĆeeb (yeQkeĆ¢ SJeb DevĆe kebĆ¢HeefveĆeeW, efpeveceW Jes meomĆe nQ, ceW efveĆegefkeƤle keĆ¢e mJeĀ¤He(31.03.2012 keĆ¢es)
Remarks (Nature of appointment in the Bank / other Companies)
(As on 31.03.2012)
5 Ćeer megoMe&ve mesveShri Sudarshan Sen
efveosMekeĆ¢ (iewj keĆ¢eĆe&heeuekeĆ¢) YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje mebmlegleDirector (Non Executive)Recommended by RBI
MetvĆe NIL
5 MetvĆeNIL
MetvĆeNIL
yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3)(meer) kesĆ¢ lenle kesĆ¢vƵ mejkeĆ¢ej Ćeje 30.05.2011 mes efveosMekeĆ¢ kesĆ¢ Ā¤He ceW veeefcele. Jes Deeieeceer DeeosMeeW lekeĆ¢ Deheves heo hej jnWies.Nominated as a Director w.e.f. 30.05.2011 by the Central Government u/s 9 (3) (c) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 to hold the post until further orders.
6 Ćeer efJeefveue kegĆ¢ceej mekeƤmesveeShri Vinil Kumar Saxena
efveosMekeĆ¢ (iewj keĆ¢eĆe&heeuekeĆ¢) keĆ¢ce&ĆeeefjĆeeW kesĆ¢ heĆefleefveefOeDirector(Non Executive)RepresentingWorkmen
620 1 MetvĆeNIL
MetvĆeNIL
yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3)(F&) kesĆ¢ lenle kesĆ¢vƵ mejkeĆ¢ej Ćeje 25.07.2011 mes Jeke&Ć¢cesve keĆ¢ce&Ćeejer efveosMekeĆ¢ kesĆ¢ Ā¤He ceW efveĆegkeƤle. Jes leerve Je<eeX keĆ¢er DeJeefOe kesĆ¢ efueS DeLeJee yeQkeĆ¢ Dee@HeĆ¢ ye[ewoe ceW Jeke&Ć¢cesve keĆ¢ce&Ćeejer jnves DeLeJee Deeieeceer DeeosMeeW lekeĆ¢, Fveces mes pees Yeer Henues nes, Deheves heo hej jnWies.Appointed as a Workmen Employee Director w.e.f. 25.07.2011 by the Central Government u/s 9 (3) (e) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 for a period of three years or till he ceases to be workmen employee of Bank of Baroda or until further orders, whichever is earlier.
7 Ćeer Jeer.yeer. ĆeJneCe Shri V. B. Chavan
efveosMekeĆ¢ (iewj keĆ¢eĆe&heeuekeĆ¢) DeefOekeĆ¢ejer keĆ¢ce&ĆeeefjĆeeW kesĆ¢ heĆefleefveefOeDirector (Non Executive ) Representing Officer Employees
490 MetvĆeNIL
MetvĆeNIL
MetvĆeNIL
yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3)(SHeĆ¢) kesĆ¢ lenle Yeejle mejkeĆ¢ej Ćeje 11.03.2011 mes DeefOekeĆ¢ejer keĆ¢ce&Ćeejer efveosMekeĆ¢ kesĆ¢ Ā¤He ceW veeefcele. Jes leerve Je<eeX keĆ¢er DeJeefOe kesĆ¢ efueS DeLeJee yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe ceW DeefOekeĆ¢ejer jnves DeLeJee Deeieeceer DeeosMeeW lekeĆ¢, FveceW mes pees Yeer henues nes, Deheves heo hej jnWies.Nominated as Officer Employee Director w.e.f. 11.03.2011 by the Central Government u/s 9 (3) (f) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 for a period of three years or till he ceases to be officer of Bank of Baroda or until further orders, whichever is earlier.
8 Ćeer DepeĆe ceeLegjShri Ajay Mathur
efveosMekeĆ¢ (iewj keĆ¢eĆe&heeuekeĆ¢)Director ( Non Executive )
200 6 MetvĆeNIL
MetvĆeNIL
yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3)(peer) kesĆ¢ lenle Yeejle mejkeĆ¢ej Ćeje 05.05.2010 mes leerve Je<eeX keĆ¢er DeJeefOe DeLeJee Deeieeceer DeeosMeeW lekeĆ¢, FveceW mes pees Yeer henues nes, DebMekeĆ¢eefuekeĆ¢ DeMeemekeĆ¢erĆe efveosMekeĆ¢ kesĆ¢ Ā¤he ceW veeefcele.Jes peer.Sme.ceeLegj SC[ kebĆ¢heveer meveoer uesKeekeĆ¢ej, veF& efouueer ceW heĆyebOe Yeeieeroej Yeer nQ.Nominated as a part time non- official director w.e.f. 05.05.2010 by the Government of India u/s 9 (3) (g) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 for a period of three years or until further orders, whichever is earlier.He is Managing Partner in G.S. Mathur & Co., Chartered Accountants, New Delhi.
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89
āŗeĆ¢ce meb.
No.
veeceName
HeoveecePosition Held
31.3.2012 keĆ¢es yeQkeĆ¢ Dee]@HeĆ¤Ć¢ yeĆ[ewoe kesĆ¢ Oeeefjle MesĆejeW keĆ¢er
mebKĆeeNo. of equity shares of the Bank held as
on 31.03.2012
yeQkeĆ¢ keĆ¢er GHe-meefceefleĆeeW keĆ¢er
meomĆelee keĆ¢er mebKĆeeNo. of
membership in Sub
Committees of the Bank
yeQkeĆ¢ kesĆ¢ DeueeJee DevĆe kebĆ¢HeefveĆeeW ceW efveosMekeĆ¢ kesĆ¢ Ā®He ceW mesJeeSb mebKĆeeNo. of Director-
ship held in other Companies i.e. Other than the
Bank
DevĆe kebĆ¢HeefveĆeeW kesĆ¢ yees[& keĆ¢er GHe -meefceefleĆeeW ceW meomĆelee/
DeOĆe#elee keĆ¢er mebKĆeeNo. of Membership/ Chairmanship held in Sub Committees
of the Board in other Companies
efÅ”HHeefCeĆeeb (yeQkeĆ¢ SJeb DevĆe kebĆ¢HeefveĆeeW, efpeveceW Jes meomĆe nQ, ceW efveĆegefkeƤle keĆ¢e mJeĀ¤He(31.03.2012 keĆ¢es)
Remarks (Nature of appointment in the Bank / other Companies)
(As on 31.03.2012)
9 [e@.(Ćeerceleer) cemej&le Meeefno Dr.(Smt.) Masarrat Shahid
efveosMekeĆ¢ (iewj keĆ¢eĆe&heeuekeĆ¢) Director
(Non
Executive)
MetvĆe
NIL
2 MetvĆe
NIL
MetvĆe
NIL
yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3)(SĆe) kesĆ¢ lenle Yeejle mejkeĆ¢ej Ćeje 29.10.2009 mes otmejer yeej leerve Je<e& keĆ¢er DeJeefOe kesĆ¢ efueS DeLeJee Deeieeceer DeeosMeeW lekeĆ¢, FveceW mes pees Yeer henues nes, DebMe keĆ¢eefuekeĆ¢ DeMeemekeĆ¢erĆe efveosMekeĆ¢ kesĆ¢ Ā¤he ceW veeefcele. Jes Fmemes Henues 15.09.2005 mes 14.09.2008 lekeĆ¢ Yeer Fmeer heo hej jner.Nominated as a part time non- official director
w.e.f. 29.10.2009 by the Government of India
u/s 9 (3) (h) of The Banking Companies
(Acquisition and Transfer of Undertakings)
Act, 1970 for a second term of three years
or until further orders, whichever is earlier.
She held the same position earlier also w.e.f.
15.09.2005 to 14.09.2008.
10 Ćeer melĆe osJe ef$ehee"erShri Satya Dev
Tripathi
efveosMekeĆ¢ (iewj keĆ¢eĆe&heeuekeĆ¢)Director ( Non
Executive )
MetvĆeNIL
2 MetvĆeNIL
MetvĆeNIL
yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3)(SĆe) Je (3-S) kesĆ¢ lenle Yeejle mejkeĆ¢ej Ćeje 31.08.2010 mes DebMekeĆ¢eefuekeĆ¢ DeMeemekeĆ¢erĆe efveosMekeĆ¢ kesĆ¢ Ā¤He ceW veeefcele. Jes leerve Je<eeX keĆ¢er DeJeefOe DeLeJee Deeieeceer DeeosMeeW lekeĆ¢, FveceW mes pees Yeer henues nes, Deheves heo hej jnWies.Nominated as a part time non- official director
w.e.f. 31.08.2010 by the Government of
India u/s 9 (3) (h) & (3-A) of The Banking
Companies (Acquisition and Transfer of
Undertakings) Act, 1970 for a period of three
years or until further orders, whichever is
earlier.
11 Ćeer ceewefueve DejeEJeo Jew<CeJeShri Maulin
Arvind Vaishnav
efveosMekeĆ¢ (iewj keĆ¢eĆe&heeuekeĆ¢) kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW ceW mes efveJee&efĆeleDirector
(Non
Executive)
Elected from
amongst
Shareholders,
other than
Central
Government
125 3 MetvĆeNIL
MetvĆeNIL
yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9 (3) (DeeF&) kesĆ¢ lenle 23.12.2011 keĆ¢es DeeĆeesefpele F&peerSce ceW yeQkeĆ¢ kesĆ¢ kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje 24.12.2011 mes 23.12.2014 lekeĆ¢ 3 Je<e& kesĆ¢ efueS hegve: efveJee&efĆele. efveJee&efĆele nesves mes henues 24.12.2008 mes 23.12.2011 lekeĆ¢ Jes yeQkeĆ¢ kesĆ¢ MesĆejOeejkeĆ¢ efveosMekeĆ¢ Yeer Les.Re-Elected as a Director by shareholders of
the Bank other than the Central Government
u/s 9 (3) (i) of The Banking Companies
(Acquisition and Transfer of Undertakings)
Act, 1970 at the Extra Ordinary General
Meeting held on 23.12.2011 for a period of 3
years from 24.12.2011 to 23.12.2014.
Prior to his re-election, he was also a
shareholder director of the Bank from
24.12.2008 to 23.12.2011.
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90
āŗeĆ¢ce meb.
No.
veeceName
HeoveecePosition Held
31.3.2012 keĆ¢es yeQkeĆ¢ Dee]@HeĆ¤Ć¢ yeĆ[ewoe kesĆ¢ Oeeefjle MesĆejeW keĆ¢er
mebKĆeeNo. of equity shares of the Bank held as
on 31.03.2012
yeQkeĆ¢ keĆ¢er GHe-meefceefleĆeeW keĆ¢er
meomĆelee keĆ¢er mebKĆeeNo. of
membership in Sub
Committees of the Bank
yeQkeĆ¢ kesĆ¢ DeueeJee DevĆe kebĆ¢HeefveĆeeW ceW efveosMekeĆ¢ kesĆ¢ Ā®He ceW mesJeeSb mebKĆeeNo. of Director-
ship held in other Companies i.e. Other than the
Bank
DevĆe kebĆ¢HeefveĆeeW kesĆ¢ yees[& keĆ¢er GHe -meefceefleĆeeW ceW meomĆelee/
DeOĆe#elee keĆ¢er mebKĆeeNo. of Membership/ Chairmanship held in Sub Committees
of the Board in other Companies
efÅ”HHeefCeĆeeb (yeQkeĆ¢ SJeb DevĆe kebĆ¢HeefveĆeeW, efpeveceW Jes meomĆe nQ, ceW efveĆegefkeƤle keĆ¢e mJeĀ¤He(31.03.2012 keĆ¢es)
Remarks (Nature of appointment in the Bank / other Companies)
(As on 31.03.2012)
12 Ćeer megjsvƵ eEmen Yeb[ejerShri Surendra
Singh
Bhandari
efveosMekeĆ¢ (iewj keĆ¢eĆe&heeuekeĆ¢) kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW ceW mes efveJee&efĆeleDirector
(Non
Executive )
Elected from
amongst
Shareholders,
other than
Central
Government
200 4 3 8 yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9 (3) (DeeF&) kesĆ¢ lenle 23.12.2011 keĆ¢es DeeĆeesefpele F&peerSce ceW yeQkeĆ¢ kesĆ¢ keWĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje 24.12.2011 mes 23.12.2014 lekeĆ¢ 3 Je<e& kesĆ¢ efueS efveJee&efĆele.
Jes efvecveefueefKele efveosMekeĆ¢ ceb[ueeW ceW Yeer efveosMekeĆ¢ nw -
(i) JewYeJe pescme efue.
(ii) SefMeĆeve nesÅ”ume (JesmÅ”) efue.
(iii) SefMeĆeve nesÅ”ume (F&mÅ”) efue.
Jes JewYeJe pescme efue. keĆ¢er uesKee Hejer#ee meefceefle, heeefjĆeefcekeĆ¢ meefceefle, #eeflehete|le meefceefle Deewj MesĆejOeejkeĆ¢eW/efveJesMekeĆ¢eW keĆ¢er efMekeĆ¢eĆele efveJeejCe meefceefle kesĆ¢ Yeer meomĆe nQ.
Jes SefMeĆeve nesÅ”ume (JesmÅ”) efue. keĆ¢er uesKee Hejer#ee meefceefle Deewj heeefjĆeefcekeĆ¢ meefceefle kesĆ¢ Yeer meomĆe nQ.
Jes SefMeĆeve nesÅ”ume (F&mÅ”) efue. keĆ¢er uesKee Hejer#ee meefceefle Deewj heeefjĆeefcekeĆ¢ meefceefle kesĆ¢ Yeer meomĆe nQ.
Jeefjā¦ meePesoej:
ces.Sme.Yeb[ejer SC[ kebĆ¢., meveoer uesKeekeĆ¢ej, peĆehegj
Elected as a Director by shareholders of the Bank other than the Central Government u/s 9 (3) (i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at the Extra Ordinary General Meeting held on 23.12.2011 for a period of 3 years from 24.12.2011 to 23.12.2014.
He is also a Director on the Board of
(i) Vaibhav Gems Ltd
(ii) Asian Hotels (West) Ltd.
(iii) Asian Hotels (East) Ltd.
He is also member of Audit Committee, Remuneration Committee, Compensation Committee and Shareholders/Investor Grievances Committee of Vaibhav Gems Ltd.
He is also member of Audit Committee and Remuneration Committee of Asian Hotels (West) Ltd.
He is also member of Audit Committee and Remuneration Committee of Asian Hotels (East) Ltd.
Senior Partner:
M/s. S. Bhandar i & Co. , Chartered
Accountants, Jaipur.
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āŗeĆ¢ce meb.
No.
veeceName
HeoveecePosition Held
31.3.2012 keĆ¢es yeQkeĆ¢ Dee]@HeĆ¤Ć¢ yeĆ[ewoe kesĆ¢ Oeeefjle MesĆejeW keĆ¢er
mebKĆeeNo. of equity shares of the Bank held as
on 31.03.2012
yeQkeĆ¢ keĆ¢er GHe-meefceefleĆeeW keĆ¢er
meomĆelee keĆ¢er mebKĆeeNo. of
membership in Sub
Committees of the Bank
yeQkeĆ¢ kesĆ¢ DeueeJee DevĆe kebĆ¢HeefveĆeeW ceW efveosMekeĆ¢ kesĆ¢ Ā®He ceW mesJeeSb mebKĆeeNo. of Director-
ship held in other Companies i.e. Other than the
Bank
DevĆe kebĆ¢HeefveĆeeW kesĆ¢ yees[& keĆ¢er GHe -meefceefleĆeeW ceW meomĆelee/
DeOĆe#elee keĆ¢er mebKĆeeNo. of Membership/ Chairmanship held in Sub Committees
of the Board in other Companies
efÅ”HHeefCeĆeeb (yeQkeĆ¢ SJeb DevĆe kebĆ¢HeefveĆeeW, efpeveceW Jes meomĆe nQ, ceW efveĆegefkeƤle keĆ¢e mJeĀ¤He(31.03.2012 keĆ¢es)
Remarks (Nature of appointment in the Bank / other Companies)
(As on 31.03.2012)
13 Ćeer jepeerye mesKej meentShri Rajib SekharSahoo
efveosMekeĆ¢ (iewj keĆ¢eĆe&heeuekeĆ¢) kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW ceW mes efveJee&efĆeleDirector( Non Executive ) Elected from amongst Shareholders, other than Central Government
200 4 3 3 yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9 (3) (DeeF&) kesĆ¢ lenle 23.12.2011 keĆ¢es DeeĆeesefpele F&peerSce ceW yeQkeĆ¢ kesĆ¢ kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje 24.12.2011 mes 23.12.2014 lekeĆ¢ 3 Je<e& kesĆ¢ efueS efveJee&efĆele.Jes efvecveefueefKele efveosMekeĆ¢ ceb[ueeW ceW Yeer efveosMekeĆ¢ nQ - (i) SveÅ”erheermeer efue.(ii) efÅ”njer neĆe[^es [sJeueheceWÅ” keĆ¢eheexjsMeve Fbef[Ćee efue.
(Å”erSĆe[ermeer)(iii) efnvogmleeve eEpekeĆ¢ efue.Jes SveÅ”erheermeer efue. keĆ¢er uesKee Hejer#ee meefceefle kesĆ¢ Yeer meomĆe nQ. Jes Å”erSĆe[ermeer Fbef[Ćee efue. keĆ¢er uesKee Hejer#ee meefceefle Deewj heeefjĆeefcekeĆ¢ meefceefle kesĆ¢ Yeer meomĆe nw. meePesoej:ces.SmeDeejyeer SC[ SmeesefmeSÅ”me, meveoer uesKeekeĆ¢ej, YegJevesĆejElected as a Director by shareholders of the Bank other than the Central Government u/s 9 (3) (i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at the Extra Ordinary General Meeting held on 23.12.2011 for a period of 3 years from 24.12.2011 to 23.12.2014.He is also a Director on the Board of (i) NTPC Ltd.(ii) Tehri Hydro. Development Corporation
India Ltd. (THDC)(iii) Hindustan Zinc Ltd.He is also member of Audit Committee of NTPC Ltd.He is also member of Audit Committee and Remuneration Committee of THDC India Ltd.Partner:M/s. SRB & Associates, Char tered Accountants, Bhubaneswar.
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2.2 Appointment / Cessation of Directors During The Year
Shri Sudarshan Sen was nominated as a Director w.e.f. 30.05.2011 by the Central Government u/s 9 (3) (c) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 to hold the post until further orders.
Shri Vinil Kumar Saxena was appointed as a Workmen Employee Director w.e.f. 25.07.2011 by the Central Government u/s 9 (3) (e) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 for a period of three years or till he ceases to be workmen employee of Bank of Baroda or until further orders, whichever is earlier.
Shri Maulin Arvind Vaishnav was re-elected as a Director by shareholders of the Bank other than the Central Government u/s 9 (3) (i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at the Extra Ordinary General Meeting held on 23.12.2011 for a period of 3 years from 24.12.2011 to 23.12.2014.
Shri Surendra Singh Bhandari was elected as a Director by shareholders of the Bank other than the Central Government u/s 9 (3) (i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at the Extra Ordinary General Meeting held on 23.12.2011 for a period of 3 years from 24.12.2011 to 23.12.2014.
Shri Rajib Sekhar Sahoo was elected as a Director by shareholders of the Bank other than the Central Government u/s 9 (3) (i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at the Extra Ordinary General Meeting held on 23.12.2011 for a period of 3 years from 24.12.2011 to 23.12.2014.
Shri R. Gandhi, who was nominated as a director w.e.f. 30.07.2010 by the Central Government u/s 9 (3) (c) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, to hold the post until further orders, ceased to be a Director w.e.f. 30.05.2011 upon nomination of Shri Sudarshan Sen, in his place.
Dr. Dharmendra Bhandari, elected as a Director by shareholders of the Bank other than the Central Government u/s 9 (3) (i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 for a period of 3 years from 24.12.2008 to 23.12.2011, ceased to be a Director w.e.f 24.12.2011 on completion of his tenure.
Dr. Deepak B. Phatak elected as a Director by shareholders of the Bank other than the Central Government u/s 9 (3) (i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 for a period of 3 years from 24.12.2008 to 23.12.2011, ceased to be Director w.e.f. 24.12.2011 on completion of his tenure.
2.3 Board Meetings
During the Financial Year 2011-12, total -17 - Board Meetings were held on the following dates as against minimum of -6- meetings prescribed under Clause 12 of The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970.
27.04.2011 28.04.2011 27.05.2011 04.07.2011 20.07.2011
27.07.2011 27.08.2011 29.09.2011 21.10.2011 31.10.2011
12.11.2011 22.12.2011 29.12.2011 24.01.2012 25.01.2012
27.02.2012 19.03.2012
2.2 Je<e& kesĆ¢ oewjeve efveosMekeĆ¢eW keĆ¢er efveĆegefkeƤle / keĆ¢eĆe&meceeefHle Ćeer megoMe&ve mesve keĆ¢es yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe)
DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3)(meer) kesĆ¢ lenle kesĆ¢vƵ mejkeĆ¢ej Ćeje 30.05.2011 mes Deeieeceer DeeosMeeW lekeĆ¢ efveosMekeĆ¢ kesĆ¢ Ā¤he ceW veeefcele efkeĆ¢Ćee ieĆee nw.
Ćeer efJeefveue kegĆ¢ceej mekeƤmesvee keĆ¢es yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9(3)(F&) kesĆ¢ lenle kesĆ¢vƵ mejkeĆ¢ej Ćeje 25.07.2011 mes 3 Je<eeX keĆ¢er DeJeefOe DeLeJee yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe kesĆ¢ Jeke&Ć¢cesve keĆ¢ce&Ćeejer jnves lekeĆ¢ DeLeJee Deeieeceer DeeosMeeW lekeĆ¢, FveceW mes pees Yeer henues nes, Jeke&Ć¢cesve keĆ¢ce&Ćeejer efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveĆegkeƤle efkeĆ¢Ćee ieĆee nw.
Ćeer ceewefueve DejeEJeo Jew<CeJe keĆ¢es yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9 (3) (DeeF&) kesĆ¢ lenle yeQkeĆ¢ kesĆ¢ kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje 23.12.2011 keĆ¢es DeeĆeesefpele F&peerSce ceW 24.12.2011 mes 23.12.2014 lekeĆ¢ 3 Je<e& kesĆ¢ efueS efveosMekeĆ¢ kesĆ¢ Ā¤he ceW hegve: efveJee&efĆele efkeĆ¢Ćee ieĆee nw.
Ćeer megjsvƵ eEmen Yeb[ejer keĆ¢es yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9 (3) (DeeF&) kesĆ¢ lenle yeQkeĆ¢ kesĆ¢ kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje 23.12.2011 keĆ¢es DeeĆeesefpele F&peerSce ceW 24.12.2011 mes 23.12.2014 lekeĆ¢ 3 Je<e& kesĆ¢ efueS efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveJee&efĆele efkeĆ¢Ćee ieĆee nw.
Ćeer jepeerye MesKej meent keĆ¢es yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9 (3) (DeeF&) kesĆ¢ lenle yeQkeĆ¢ kesĆ¢ kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje 23.12.2011 keĆ¢es DeeĆeesefpele F&peerSce ceW 24.12.2011 mes 23.12.2014 lekeĆ¢ 3 Je<e& kesĆ¢ efueS efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveJee&efĆele efkeĆ¢Ćee ieĆee nw.
Ćeer Deej.ieebOeer, efpevnW yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9 (3) (meer) kesĆ¢ lenle keWĆ¢ĆµerĆe mejkeĆ¢ej Ćeje 30.07.2010 mes Deeieeceer DeeosMeeW lekeĆ¢ efveosMekeĆ¢ kesĆ¢ Ā¤he ceW veeefcele efkeĆ¢Ćee ieĆee Lee. 30.05.2011 mes yeQkeĆ¢ kesĆ¢ efveosMekeĆ¢ veneR jns. GvekesĆ¢ mLeeve hej Ćeer megoMe&ve mesve keĆ¢e veeceebkeĆ¢ve ngDee nw.
[e@. OeceXƵ Yeb[ejer, efpevnW yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9 (3) (DeeF&) kesĆ¢ lenle keWĆ¢ĆµerĆe mejkeĆ¢ej Ćeje yeQkeĆ¢ kesĆ¢ kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje 24.12.2008 mes 23.12.2011 lekeĆ¢ 3 Je<e& keĆ¢er DeJeefOe kesĆ¢ efueS efveosMekeĆ¢ kesĆ¢ Ā¤he ceW ĆeĆeefvele efkeĆ¢Ćee ieĆee Lee, Dehevee keĆ¢eĆe&keĆ¢eue hetje keĆ¢jves kesĆ¢ yeeo 24.12.2011 mes yeQkeĆ¢ kesĆ¢ efveosMekeĆ¢ veneR jns nQ.
[e@. oerhekeĆ¢ yeer. HeĆ¢eÅ”keĆ¢, efpevnW yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece 1970 keĆ¢er Oeeje 9 (3) (DeeF&) kesĆ¢ lenle yeQkeĆ¢ kesĆ¢ kesĆ¢vƵ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje 24.12.2008 mes 23.12.2011 lekeĆ¢ 3 Je<e& keĆ¢er DeJeefOe kesĆ¢ efueS efveosMekeĆ¢ kesĆ¢ Ā¤he ceW ĆeĆeefvele efkeĆ¢Ćee ieĆee Lee. Dehevee keĆ¢eĆe&keĆ¢eue hetje keĆ¢jves kesĆ¢ yeeo 24.12.2011 mes yeQkeĆ¢ kesĆ¢ efveosMekeĆ¢ veneR jns nQ.
2.3 efveosMekeĆ¢ ceb[ue keĆ¢er yew"keWĆ¢
efJeĆ²eerĆe Je<e& 2011-12, kesĆ¢ oewjeve efveosMekeĆ¢ ceb[ue keĆ¢er -17 ā yew"keWĆ¢ efvecveevegmeej DeeĆeesefpele keĆ¢er ieF&, peyeefkeĆ¢ jeĀ°^erĆeke=Ć¢le yeQkeĆ¢ (heĆyebOeve SJeb efJeefJeOe heĆeJeOeeve) Ćeespevee 1970 kesĆ¢ Keb[ 12 kesĆ¢ Debleie&le efveOee&efjle vĆetvelece 6 yew"keWĆ¢ DeeĆeesefpele keĆ¢jvee DeefveJeeĆe& nw.
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The details of attendance of the Directors at the aforesaid Board Meetings held during their respective tenure are as under:
efveosMekeĆ¢ keĆ¢e veece Name of the Director DeJeefOePeriod
GvekesĆ¢ keĆ¢eĆe&keĆ¢eue kesĆ¢ oewjeveDeeĆeesefpele yew"keWĆ¢
Meetings held during their tenure
yew"keWĆ¢ efpeveceW Yeeie efueĆee
Meetings attended
[e@. Sce. [er. ceuĆee Shri M. D. Mallya 01.04.2011 to 31.03.2012 17 17
Ćeer jepeerJe kegĆ¢ceej ye#eer Shri Rajiv Kumar Bakshi 01.04.2011 to 31.03.2012 17 16
Ćeer Sve. Sme. ĆeerveeLe Shri N. S. Srinath 01.04.2011 to 31.03.2012 17 17
Ćeer DeeueeskeĆ¢ efveiece Shri Alok Nigam 01.04.2011 to 31.03.2012 17 6
Ćeer megoMe&ve mesve Shri Sudarshan Sen 30.05.2011 to 31.03.2012 14 13
Ćeer efJeefveue kegĆ¢ceej mekeƤmesvee Shri Vinil Kumar Saxena 25.07.2011 to 31.03.2012 12 12
Ćeer Jeer.yeer.ĆeJneCe Shri V. B. Chavan 01.04.2011 to 31.03.2012 17 17
Ćeer DepeĆe ceeLegj Shri Ajay Mathur 01.04.2011 to 31.03.2012 17 17
[e@. (Ćeerceleer) cemej&le Meeefno Dr. (Smt.) Masarrat Shahid 01.04.2011 to 31.03.2012 17 12
Ćeer melĆe osJe ef$ehee"er Shri Satya Dev Tripathi 01.04.2011 to 31.03.2012 17 14
Ćeer. ceewefueve DejeEJeo Jew<CeJe Shri Maulin Arvind Vaishnav 01.04.2011 to 23.12.2011 12 12
Ćeer. ceewefueve DejeEJeo Jew<CeJe Shri Maulin Arvind Vaishnav 24.12.2011 to 31.03.2012 5 5
Ćeer megjsvƵ Sme. Yeb[ejer Shri Surendra S. Bhandari 24.12.2011 to 31.03.2012 5 5
Ćeer jepeerye Sme. meent Shri Rajib S. Sahoo 24.12.2011 to 31.03.2012 5 4
Ćeer Deej. ieebOeer Shri R. Gandhi 01.04.2011 to 29.05.2011 3 2
[[email protected]Ƶ Yeb[ejer Dr. Dharmendra Bhandari 01.04.2011 to 23.12.2011 12 7
[e@. oerhekeĆ¢ yeer. HeĆ¢eÅ”keĆ¢ Dr. Deepak B. Phatak 01.04.2011 to 23.12.2011 12 10
2.4 Code of Conduct:
The Code of Conduct for Board of Directors and Senior Management Personnel i.e. Core Management Team comprising all General Managers and Departmental Heads, has been approved by the Board of Directors in compliance of Clause 49 of the Listing Agreement with Stock Exchanges. The said Code of Conduct is posted on Bankās website www.bankofbaroda.com. All the Board Members and Senior Management Personnel have since affirmed the compliance of the Code.
3 Annual General Meeting
The Annual General Meeting of the shareholders of the Bank was held on Monday, 4th July, 2011 at Vadodara, where the following Directors were present.
1 Ćeer Sce.[er.ceuĆee Shri M. D. Mallya DeOĆe#e SJeb ĆøeyebOe efveosMekeĆ¢ Chairman and Managing Director
2 Ćeer jepeerJe kegĆ¢ceej ye#eer Shri Rajiv Kumar Bakshi keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ Executive Director
3 Ćeer Sve.Sme. ĆeerveeLe Shri N. S. Srinath keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ Executive Director
4 Ćeer megoMe&ve mesve Shri Sudarshan Sen efveosMekeĆ¢ Director
5 Ćeer Jeer.yeer.ĆeJneCe Shri V B Chavan efveosMekeĆ¢ Director
6 Ćeer DepeĆe ceeLegj Shri Ajay Mathur efveosMekeĆ¢ (DeOĆe#e ā Smeeryeer) Director (Chairman ā ACB)
7 Ćeer melĆe osJe ef$ehee"er Shri Satya Dev Tripathi efveosMekeĆ¢ Director
8 [[email protected]Ć¢ yeer. HeĆ¢eÅ”keĆ¢ Dr. Deepak B. Phatak efveosMekeĆ¢ ā MesĆej OeejkeĆ¢eW kesĆ¢ heĆefleefveefOe Director - Representing Shareholders
9 Ćeer ceewefueve DejeEJeo Jew<CeJe Shri Maulin Arvind Vaishnav efveosMekeĆ¢ ā MesĆej OeejkeĆ¢eW kesĆ¢ heĆefleefveefOe Director - Representing Shareholders
2.4 DeeĆeej mebefnlee efveosMekeĆ¢ ceb[ue leLee Jeefjā¦ heĆyebOeve keĆ¢ee|cekeĆ¢ DeLee&led keĆ¢esj heĆyebOeve Å”erce,
efpemeceW meYeer ceneheĆyebOekeĆ¢ leLee efJeYeeie heĆcegKe Meeefceue nQ, kesĆ¢ efueS mÅ”ekeĆ¢ SkeƤmeĆeWpeesb kesĆ¢ meeLe ceW metĆeeryeƦlee keĆ¢jej kesĆ¢ KeC[ 49 keĆ¢er Devegheeuevee ceW, DeeĆeej mebefnlee efveosMekeĆ¢ ceb[ue Ćeje Devegceesefole keĆ¢j oer ieF& nw. GĆ²eĆ¢ DeeĆeej mebefnlee yeQkeĆ¢ keĆ¢er JesyemeeFÅ” www.bankofbaroda.com hej Yeer osKeer pee mekeĆ¢leer nw. efveosMekeĆ¢ ceb[ue kesĆ¢ meYeer meomĆeeW leLee Jeefjā¦ heĆyebOeve keĆ¢ee|cekeĆ¢eW ves DeeĆeej mebefnlee kesĆ¢ heĆefle menceefle JĆeĆ²eĆ¢ keĆ¢j oer nw.
3. Jeee|<ekeĆ¢ meeceevĆe yew"keĆ¢
yeQkeĆ¢ kesĆ¢ MesĆej OeejkeĆ¢eW keĆ¢er Jeee|<ekeĆ¢ meeceevĆe yew"keĆ¢ JeĆ[esoje ceW meesceJeej, 4 pegueeF&, 2011 keĆ¢es ngF& Leer, efpemeceW efvecveefueefKele efveosMekeĆ¢ GheeqmLele Les.
efveosMekeĆ¢ ceb[ue keĆ¢er GheĆeg&Ć²eĆ¢ yew"keĆ¢eW ceW efveosMekeĆ¢eW keĆ¢er GheeqmLeefle keĆ¢e yĆeewje efvecveevegmeej nw, pees GvekesĆ¢ keĆ¢eĆe&keĆ¢eue mes mebyeƦ nw:
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4. COMMittEE / SUB-COMMittEE OF DiRECtORS / EXECUtiVES
The Board of Directors of the Bank has constituted various Committees of Directors and / or Executives to look into different areas of strategic importance in terms of Reserve Bank of India/SEBI/Government of India guidelines on Corporate Governance and Risk Management. The important Committees are as under:
l Management Committee of the Board (MCB)
l Credit Approval Committee of the Board (CACB)
l Audit Committee of the Board ( ACB )
l Shareholdersā / Investorsā Grievances Committee
l Share Transfer Committee
l Sub committee of the Board on ALM & Risk Management
l Customer Service Committee
l Remuneration Committee
l Nomination Committee
l Committee of Directors
l Committee on High Value Frauds
l IT Strategy Committee of the Board
l Steering Committee of the Board on HR
4.1 Management Committee of the Board (MCB)
In pursuance of Clause 13 of The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970 (as amended) read with the amendments made by the Ministry of Finance, Government of India, a Management Committee of the Board has been constituted to consider various business matters of material significance like sanction of high value credit proposals, compromise / write-off proposals, sanction of capital and revenue expenditure, premises, investments, donations etc.
The Committee consists of Chairman and Managing Director, Executive Director (s) and Directors nominated by Government of India under Section 9 (3) (c) and 9 (3) (g) and three Directors from amongst those appointed under sub section (e) (f) (h) and (i) of section 9(3) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
The composition of the Committee as on 31st March 2012 is as under:
(i) Shri M. D. Mallya
(ii) Shri Rajiv Kumar Bakshi
(iii) Shri N. S. Srinath
(iv) Shri Sudarshan Sen
(v) Shri Ajay Mathur
(vi) Shri Vinil Kumar Saxena
(vii) Dr. (Smt.) Masarrat Shahid
(viii) Shri Rajib Sekhar Sahoo
4. efveosMekeĆ¢eW/keĆ¢eĆe&heeuekeĆ¢eW keĆ¢er meefceefle yeQkeĆ¢ kesĆ¢ efveosMekeĆ¢ ceb[ue ves keĆ¢eheexjsÅ” ieJeveXme leLee peesefKece heĆyebOeve heĆCeeueer
hej YeejleerĆe efj]peJe& yeQkeĆ¢ /mesyeer/Yeejle mejkeĆ¢ej kesĆ¢ efoMee-efveoxMeevegmeej efvecveevegmeej keĆ¢eĆe&veerefle kesĆ¢ cenlJehetCe& #es$eeW hej efveiejeveer jKeves nsleg efveosMekeĆ¢eW Deewj/Ćee keĆ¢eĆe&heeuekeĆ¢eW keĆ¢er efJeefYeVe meefceefleĆeeW keĆ¢e ie"ve efkeĆ¢Ćee nw. efveosMekeĆ¢ ceb[ue Ćeje ieef"le cenlJehetCe& meefceefleĆeeb efvecveevegmeej nQ-
l efveosMekeĆ¢ ceb[ue keĆ¢er heĆyebOeve meefceefle (Scemeeryeer)
l efveosMekeĆ¢ ceb[ue keĆ¢er $e+Ce Devegceesove meefceefle (meerSmeeryeer)
ā¢ l yees[& keĆ¢er uesKee hejer#ee meefceefle (Smeeryeer )
ā¢ l MesĆejOeejkeĆ¢eW /efveJesMekeĆ¢eW keĆ¢er efMekeĆ¢eĆele efveJeejCe meefceefle (meerSmeeryeer)
ā¢ l MesĆej DeblejCe meefceefle
ā¢ l yees[& keĆ¢er Deeeqmle osĆelee heĆyebOeve SJeb peesefKece heĆyebOeve Ghe meefceefle
ā¢ l ieĆenkeĆ¢ mesJee meefceefle
ā¢ l heeefjĆeeefcekeĆ¢ meefceefle
ā¢ l veeceebkeĆ¢ve meefceefle
ā¢ l efveosMekeĆ¢eW keĆ¢er meefceefle
ā¢ l yeĆ[er jeefMe keĆ¢er OeesKeeOeĆ[er mebyebOeer meefceefle
ā¢ l efveosMekeĆ¢ ceb[ue keĆ¢er metĆevee heĆewĆ eesefiekeĆ¢er keĆ¢eĆe&veerefle meefceefle
ā¢ l efveosMekeĆ¢ ceb[ue keĆ¢er ceeveJe mebmeeOeve mebyebOeer mebĆeeueve meefceefle
4.1 efveosMekeĆ¢ ceb[ue keĆ¢er heĆyebOeve meefceefle (Scemeeryeer)
yees[& keĆ¢er heĆyebOeve meefceefle keĆ¢e ie"ve efJeĆ²e ceb$eeueĆe, Yeejle mejkeĆ¢ej Ćeje
efkeĆ¢S ieS mebMeesOeveeW kesĆ¢ meeLe heef"le jeĀ°^erĆeke=Ć¢le yeQkeĆ¢ (heĆyebOeve SJeb efJeefJeOe
heĆeJeOeeve) Ćeespevee, 1970 (ĆeLee mebMeesefOele) kesĆ¢ Keb[-13 kesĆ¢ DevegmejCe ceW
efkeĆ¢Ćee ieĆee nw pees DelĆeefOekeĆ¢ cenlJehetCe& keĆ¢ejesyeejer ceeceues leLee DeefOekeĆ¢
jeefMe kesĆ¢ $e+Ce heĆmleeJe cebpetj keĆ¢jves, mecePeewlee/yeĆ³e Keelee heĆmleeJe, hetbpeeriele
SJeb jepemJe JĆeĆe keĆ¢er mJeerke=Ć¢efle, heefjmej, efveJesMe, oeve Deeefo hej efJeĆeej
keĆ¢jleer nw.
meefceefle ceW DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢, keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ (ieCe) Deewj Oeeje 9(3) meer SJeb 9(3) (peer) kesĆ¢ lenle Yeejle mejkeĆ¢ej Ćeje veeefcele efveosMekeĆ¢ leLee yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3) keĆ¢er GheOeeje (F&) (SHeĆ¢) (SĆe) Je (DeeF&) kesĆ¢ lenle efveĆegĆ²eĆ¢ efveosMekeĆ¢eW ceW mes leerve efveosMekeĆ¢eW keĆ¢e meceeJesMe nw.
31 ceeĆe& 2012 keĆ¢es meefceefle keĆ¢er mebjĆevee Fme heĆkeĆ¢ej nw.
(i) Ćeer Sce.[er.ceuĆee
(ii) Ćeer jepeerJe kegĆ¢ceej ye#eer
(iii) Ćeer Sve. Sme. ĆeerveeLe
(iv) Ćeer megoMe&ve mesve
(v) Ćeer DepeĆe ceeLegj
(vi) Ćeer efJeefveue kegĆ¢ceej mekeƤmesvee
(vii) [e@ (Ćeerceleer.) cemej&le Meeefno
(viii) Ćeer jepeerye MesKej meent
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During the Financial Year 2011-12, the Management Committee of the Board (MCB) met on - 29 - occasions on the following dates:
11.04.2011 27.04.2011 10.05.2011 27.05.2011 08.06.2011 18.06.2011
04.07.2011 25.07.2011 05.08.2011 22.08.2011 27.08.2011 06.09.2011
16.09.2011 29.09.2011 11.10.2011 21.10.2011 31.10.2011 12.11.2011
21.11.2011 05.12.2011 22.12.2011 29.12.2011 16.01.2012 24.01.2012
09.02.2012 27.02.2012 09.03.2012 19.03.2012 27.03.2012
efJeĆ²eerĆe Je<e& 2011-2012 kesĆ¢ oewjeve yees[& keĆ¢er heĆyebOeve meefceefle (Sceyeeryeer) keĆ¢er
efvecveebefkeĆ¢le leejerKeeW keĆ¢es 29 yew"keWĆ¢ DeeĆeesefpele ngF&-
The details of attendance of the Directors at the aforesaid Meetings of the Committee held during their respective tenure are as under:
eqveosMekeĆ¢ keĆ¢e veece Name of the Director DeJeefOePeriod
GvekesĆ¢ keĆ¢eĆe&keĆ¢eue kesĆ¢ oewjeveDeeĆeesefpele yew"keWĆ¢
Meetings held during their tenure
yew"keWĆ¢ efpeveceW Yeeie efueĆee
Meetings attended
Ćeer Sce. [er. ceuĆee Shri M. D. Mallya 01.04.2011 to 31.03.2012 29 29
Ćeer jepeerJe kegĆ¢ceej ye#eer Shri Rajiv Kumar Bakshi 01.04.2011 to 31.03.2012 29 29
Ćeer Sve. Sme. ĆeerveeLe Shri N. S. Srinath 01.04.2011 to 31.03.2012 29 29
Ćeer megoMe&ve mesve Shri Sudarshan Sen 30.05.2011 To 31.03.2012 25 21
Ćeer efJeefveue kegĆ¢ceej mekeƤmesvee Shri Vinil Kumar Saxena 01.11.2011 to 31.03.2012 12 12
Ćeer Jeer.yeer.ĆeJneCe Shri V. B. Chavan 01.05.2011 to 31.10.2011 15 14
Ćeer DepeĆe ceeLegj Shri Ajay Mathur 01.04.2011 to 31.03.2012 29 26
[e@ (Ćeerceleer) cemej&le Meeefno Dr.(Smt.) Masarrat Shahid 01.04.2011 to 31.07.2011 8 3
[e@ (Ćeerceleer) cemej&le Meeefno Dr.(Smt.) Masarrat Shahid 01.12.2011 to 31.03.2012 10 9
Ćeer melĆeosJe ef$ehee"er Shri Satya Dev Tripathi 01.04.2011 to 30.04.2011 2 2
Ćeer melĆeosJe ef$ehee"er Shri Satya Dev Tripathi 01.08.2011 to 31.01.2012 16 14
Ćeer ceewefueve DejeEJeo Jew<CeJe Shri Maulin Arvind Vaishnav 01.06.2011 to 30.11.2011 15 15
Ćeer jepeerye mesKej meent Shri Rajib Sekhar Sahoo 01.02.2012 to 31.03.2012 5 3
Ćeer Deej.ieebOeer Shri R. Gandhi 01.04.2011 to 29.05.2011 4 3
[e@. OecexvƵ Yeb[ejer Dr Dharmendra Bhandari 01.04.2011 to 31.05.2011 4 --
4.2 Credit Approval Committee of the Board (CACB)
In terms of Government of India Gazette Notification No.13/1/2006 dated 5th December, 2011, the Bank has constituted a Credit Approval Committee of the Board (CACB) on 27th February, 2012. The Committee shall exercise the powers of the Board with regard to credit proposals upto Rs. 400 crores. The credit proposals which exceed the powers delegated to Chairman and Managing Director and which were hitherto considered by the Management Committee of the Board, will now be sanctioned by the CACB. The composition of the Committee as on 31st March, 2012 is as under:
i. Shri M.D. Mallya ā Chairman and Managing Director
ii. Shri Rajiv Kumar Bakshi ā Executive Director
efveosMekeĆ¢eW keĆ¢er GvekesĆ¢ keĆ¢eĆe&keĆ¢eue kesĆ¢ oewjeve meefceefle keĆ¢er DeeĆeesefpele GkeƤle yew"keĆ¢eW ceW GvekeĆ¢er GHeeqmLeefle mebyebOeer efJeJejCe efvecveevegmeej nw :
4.2 yees[& keĆ¢er uesKee hejer#ee meefceefle (meerSmeeryeer)
Yeejle mejkeĆ¢ej keĆ¢er ie]peÅ” DeefOemetĆevee āŗeĆ¢.13/1/2006 efo. 5 efomebyej, 20111 keĆ¢er MeleeX kesĆ¢ DevegĀ¤he yeQkeĆ¢ ves 27 HeĆ¢jJejer, 2012 keĆ¢es yees[& keĆ¢er $e+Ce Devegceesove meefceefle (meerSmeeryeer) keĆ¢e ie"ve efkeĆ¢Ćee nw. Ćen meefceefle Ā®.400 keĆ¢jesĆ[ lekeĆ¢ keĆ¢er jeefMe kesĆ¢ $e+Ce DevegceesoveeW kesĆ¢ mebyebOe ceW yees[& keĆ¢er MeefĆ²eĆ¢ĆeeW keĆ¢e heĆĆeesie keĆ¢jsieer. DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢ keĆ¢es heĆoĆ²e DeefOekeĆ¢ejeW mes DeefOekeĆ¢ jeefMe kesĆ¢ $e+Ce heĆmleeJeeW, efpeve hej Deye lekeĆ¢ yees[& keĆ¢er heĆyebOeve meefceefle Ćeje efJeĆeej efkeĆ¢Ćee peelee nw, kesĆ¢ mebyebOe ceW Deye yees[& keĆ¢er $e+Ce Devegceesove meefceefle (meerSmeeryeer) Ćeje mJeerke=Ć¢efle heĆoeve keĆ¢er peeSieer. 31 ceeĆe&, 2012 keĆ¢es Fme meefceefle keĆ¢er mebjĆevee Fme heĆkeĆ¢ej nw:-
(i) Ćeer Sce.[er.ceuĆee DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢
(iI) Ćeer jepeerJe kegĆ¢ceej ye#eer keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢
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iii. Shri N.S. Srinathā Executive Director
iv. Shri V.K. Gupta ā General Manager (Corp. A/cs, Taxation & Chief Financial Officer)
v. Shri Rajesh Mahajan ā General Manager (Risk Management)
vi. General Managers ā dealing with respective credit /treasury functions
During the Financial Year 2011-12, the Credit Approval Committee of the Board (CACB) met two times on the following dates:
19.3.2012 30.3.2012
Details of attendance during 19th March, 2012 to 31st March, 2012 are as under:
efveosMekeĆ¢ / keĆ¢eĆe&HeeuekeĆ¢ keĆ¢e veece Name of the Director / Executive
DeJeefOePeriod
GvekesĆ¢ keĆ¢eĆe&keĆ¢eue kesĆ¢ oewjeve
DeeĆeesefpele yew"keWĆ¢Meetings held
during their tenure
yew"keWĆ¢ efpeveceW
Yeeie efueĆeeMeetings attended
Ćeer. Sce. [er. ceuĆee Shri M. D. Mallya 27.02.2012 To 31.03.2012 2 2
Ćeer. jepeerJe kegĆ¢ceejer ye#eer Shri Rajiv Kumar Bakshi 27.02.2012 To 31.03.2012 2 2
Ćeer. Sve. Sme. ĆeerveeLe Shri N. S. Srinath 27.02.2012 To 31.03.2012 2 2
Ćeer. Jeer. kesĆ¢. iegHlee Shri V. K. Gupta 27.02.2012 To 31.03.2012 2 2
Ćeer. jepesMe cenepeve Shri Rajesh Mahajan 27.02.2012 To 31.03.2012 2 2
Ćeer. Sve. jceCeer Shri N. Ramani 27.02.2012 To 31.03.2012 2 2
Ćeer. pes. jcesMe Shri J. Ramesh 27.02.2012 To 31.03.2012 2 1
Ćeer. efJe. SĆe. LeĆ²es Shri V. H. Thatte 27.02.2012 To 31.03.2012 2 2
Ćeer. Deej. Sme. mesefleĆee Shri R. S. Setia 27.02.2012 To 31.03.2012 2 2
4.3 Audit Committee of the Board (ACB)
The Bank, in consonance with the fundamentals of Corporate Governance and in pursuance of directives of the Reserve Bank of India, has constituted an Audit Committee of the Board comprising of Six Directors. A Non-Executive Director, who is a Chartered Accountant, is the Chairman of the Committee.
The composition of the Committee as on 31st March, 2012 is as under:
(i) Shri Ajay Mathur Chairman of the Committee
(ii) Shri Rajiv Kumar Bakshi Member
(iii) Shri N. S. Srinath Member
(iv) Shri Alok Nigam Member
(v) Shri Sudarsan Sen Member
(vi) Shri Maulin Arvind Vaishnav Member
Shri R. Gandhi, Director ceased to be a member of ACB w.e.f. 30.05.2011.
(iii) Ćeer Sve.Sme.ĆeerveeLe keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢
(iv) Ćeer Jeer.kesĆ¢.ieghlee ceneheĆyebOekeĆ¢ (keĆ¢eheex.Keeles,
keĆ¢jeOeeve SJeb cegKĆe efJeĆ²eerĆe DeefOekeĆ¢ejer)
(v) Ćeer jepesMe cenepeve ceneheĆyebOekeĆ¢ (peesefKece heĆyebOeve)
(vi) ceneheĆyebOekeĆ¢ ieCe $e+Ce/Å”^spejer keĆ¢eĆeeX mes
mecyeƦ
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve yees[& keĆ¢er $e+Ce Devegceesove meefceefle (meerSmeeryeer)
keĆ¢er efvecveefueefKele leejerKeeW Hej oes yeej yew"keWĆ¢ ngFĆ-
19 ceeĆe&, 2012 mes 31 ceeĆe&, 2012 kesĆ¢ oewjeve GheeqmLeefle Fme heĆkeĆ¢ej jner:-
4.3 yees[& keĆ¢er uesKee hejer#ee meefceefle (Smeeryeer)
yeQkeĆ¢ ves keĆ¢eheexjsÅ” ieJeveXme kesĆ¢ cetue efmeƦebleeW kesĆ¢ DevegĀ¤he Deewj YeejleerĆe efj]peJe&
yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW kesĆ¢ DevegmejCe ceW, yees[& keĆ¢er uesKee hejer#ee meefceefle ieef"le
keĆ¢er nw efpemeceW 6 efveosMekeĆ¢ nQ. SkeĆ¢ iewj keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢, pees efkeĆ¢ meveoer
uesKeekeĆ¢ej nQ, meefceefle kesĆ¢ DeOĆe#e nQ.
31 ceeĆe&, 2012 keĆ¢es meefceefle keĆ¢er mebjĆevee Fme heĆkeĆ¢ej nw:
(i) Ćeer DepeĆe ceeLegj meefceefle kesĆ¢ DeOĆe#e
(ii) Ćeer jepeerJe kegĆ¢ceej ye#eer meomĆe
(iii) Ćeer Sve.Sme.ĆeerveeLe meomĆe
(iv) Ćeer DeeueeskeĆ¢ efveiece meomĆe
(v) Ćeer megoMe&ve mesve meomĆe
(vi) Ćeer ceewefueve DejeEJeo Jew<CeJe meomĆe
30.05.2011 mes Ćeer Deej.ieebOeer, efveosMekeĆ¢ Smeeryeer kesĆ¢ meomĆe veneR jns.
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During the Financial Year 2011-12, the Audit Committee of the Board (ACB) met on - 11 - occasions on the dates given below:
28.04.2011 27.05.2011 25.07.2011 27.07.2011 29.09.2011 11.10.2011
31.10.2011 20.01.2012 25.01.2012 13.03.2012 19.03.2012
The details of attendance of the Directors at the Meetings of the Committee held during their respective tenure are as under:
efveosMekeĆ¢ keĆ¢e veece Name of the Director DeJeefOePeriod
GvekesĆ¢ keĆ¢eĆe&keĆ¢eue kesĆ¢ oewjeve
DeeĆeesefpele yew"keWĆ¢Meetings held
during their tenure
yew"keWĆ¢ efpeveceW
Yeeie efueĆeeMeetings attended
Ćeer DepeĆe ceeLegj Shri Ajay Mathur 01.04.2011 to 31.03.2012 11 11
Ćeer jepeerJe kegĆ¢ceej ye#eer Shri Rajiv Kumar Bakshi
01.04.2011 to 31.03.2012 11 11
Ćeer Sve.Sme.ĆeerveeLe Shri N. S. Srinath 01.04.2011 to 31.03.2012 11 10
Ćeer DeeueeskeĆ¢ efveiece Shri Alok Nigam 01.04.2011 to 31.03.2012 11 5
Ćeer megoMe&ve mesve Shri Sudarshan Sen 30.05.2011 to 31.03.2012 9 9
Ćeer ceewefueve DejeEJeo Jew<CeJe Shri Maulin Arvind Vaishnav
01.04.2011 to 23.12.2011 7 7
Ćeer ceewefueve DejeEJeo Jew<CeJe Shri Maulin Arvind Vaishnav
01.01.2012 to 31.03.2012 4 3
Ćeer Deej.ieebOeer Shri R. Gandhi 01.04.2011 to 29.05.2011 2 1
The main functions of Audit Committee, inter-alia, include assessing and reviewing the financial reporting system of the Bank to ensure that the financial statements are correct, sufficient and credible. It reviews and recommends to the Management the quarterly / annual financial statements before their submission to the Board.
The Audit Committee provides directions and oversees the operations of total audit functions of the Bank including the organization, operation and quality control of internal audit, internal control weaknesses and inspection within the Bank and follow-up of the suggestions of Statutory/External audit of the Bank and RBI inspections.
The Committee also reviews the adequacy of internal control systems, structure of internal audit department, its staffing pattern and hold discussions with the internal auditors / inspectors on any significant finding and follow-up action thereon. It further reviews the financial and risk management policies of the Bank.
As for Statutory Audit, the Audit Committee interacts with the Statutory Central Auditors before finalization of Quarterly / Year to date / Annual Financial Results and Reports. It also maintains follow up on various issues raised in the Long Form Audit Report (LFAR).
4.4 Shareholdersā / Investorsā Grievances Committee
The Shareholdersā / Investorsā Grievances Committee has been constituted by the Bank to redress shareholders
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve yees[& keĆ¢er uesKee hejer#ee meefceefle (Smeeryeer) keĆ¢er
11 yew"keWĆ¢ efvecveefueefKele leejerKeeW hej DeeĆeesefpele keĆ¢er ieFĆ -
efveosMekeĆ¢eW keĆ¢er GvekesĆ¢ keĆ¢eĆe&keĆ¢eue kesĆ¢ oewjeve meefceefle keĆ¢er DeeĆeesefpele GĆ²eĆ¢ yew"keĆ¢eW ceW
GheeqmLeefle mebyebOeer efJeJejCe efvecveevegmeej nQ:
uesKee hejer#ee meefceefle keĆ¢e, DevĆe yeeleeW kesĆ¢ meeLe-meeLe, heĆcegKe keĆ¢eĆe& yeQkeĆ¢ keĆ¢er efJeĆ²eerĆe metĆevee heĆCeeueer keĆ¢er meceer#ee Deewj DeekeĆ¢ueve keĆ¢jvee nw leeefkeĆ¢ Ćen megefveeqĀ§ele nes mekesĆ¢ efkeĆ¢ efJeĆ²eerĆe efJeJejefCeĆeeb mener, GheĆegĆ²eĆ¢ Deewj efJeĆemeveerĆe nQ. Ćen meefceefle yees[& keĆ¢es heĆmlegle keĆ¢jves mes henues efleceener /Jeee|<ekeĆ¢ efJeĆ²eerĆe efJeJejefCeĆeeW keĆ¢er meceer#ee Deewj heĆyebOeve keĆ¢es lelmebyebOeer mebmlegefle keĆ¢jleer nw.
Ćen uesKee hejer#ee meefceefle efoMee-efveoxMe osleer nw leLee yeQkeĆ¢ kesĆ¢ meceieĆ uesKee hejer#ee keĆ¢eĆeeX keĆ¢er meceer#ee keĆ¢jleer nw efpemeceW mebie"ve heefjĆeeueve leLee DeebleefjkeĆ¢ uesKee hejer#ee keĆ¢er iegCeJeĆ²ee efveĆeb$eCe, keĆ¢eĆe& DeebleefjkeĆ¢ efveĆeb$eCe keĆ¢efceĆeeb Deewj yeQkeĆ¢ keĆ¢er DeebleefjkeĆ¢ efvejer#eCe JĆeJemLee, yeQkeĆ¢ keĆ¢er meebefJeefOekeĆ¢ /yeeĀ¢e uesKee hejer#ee mebyebOeer DevegJeleea keĆ¢ej&JeeF& leLee YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efvejer#eCe Meeefceue nQ.
meefceefle DeebleefjkeĆ¢ efveĆeb$eCe heĆCeeueer, DeebleefjkeĆ¢ uesKee hejer#ee efJeYeeie keĆ¢er mebjĆevee, FmekeĆ¢er mÅ”eHeĆ¢ mebjĆevee keĆ¢er meceer#ee Yeer keĆ¢jleer nw Deewj efkeĆ¢meer cenlJehetCe& Keespe kesĆ¢ mebyebOe ceW DeebleefjkeĆ¢ uesKee hejer#ekeĆ¢eW / efvejer#ekeĆ¢eW kesĆ¢ meeLe efJeĆeej-efJeceMe& leLee Gme hej DevegJeleea keĆ¢ej&JeeF& keĆ¢jleer nw. Ćen yeQkeĆ¢ keĆ¢er efJeĆ²eerĆe Je peesefKece heĆyebOeve veerefleĆeeW keĆ¢er meceer#ee Yeer keĆ¢jleer nw.
meebefJeefOekeĆ¢ uesKee hejer#ee kesĆ¢ meboYe& ceW uesKee hejer#ee meefceefle, Jeee|<ekeĆ¢ /efleceener efJeĆ²eerĆe KeeleeW SJeb efjheesÅ”eX keĆ¢es Debeflece Ā¤he osves mes hetJe& keWĆ¢ĆµerĆe meebefJeefOekeĆ¢ uesKee hejer#ekeĆ¢eW kesĆ¢ meeLe efJeĆeej-efJeceMe& keĆ¢jleer nw. Ćen meefceefle ueebie HeĆ¢ece& Dee@ef[Å” efjheesÅ”& (SueF&SDeej) keĆ¢er efJeefYeVe ceoeW hej DevegJeleea keĆ¢ej&JeeF& Yeer keĆ¢jleer nw.
4.4 MesĆejOeejkeĆ¢eW /efveJesMekeĆ¢eW keĆ¢er efMekeĆ¢eĆele efveJeejCe meefceefle
yeQkeĆ¢ ves MesĆejOeejkeĆ¢eW leLee efveJesMekeĆ¢eW keĆ¢er efMekeĆ¢eĆeleeW, Ćeefo keĆ¢esF& neW, kesĆ¢ efveJeejCe nsleg MesĆejOeejkeĆ¢ /efveJesMekeĆ¢ efMekeĆ¢eĆele efveJeejCe meefceefle keĆ¢e ie"ve efkeĆ¢Ćee nw.
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and investors complaints, if any.
The Committee includes following members:
(i) Executive Director (s) and
(ii) Three Non-Executive Directors as its members with a Non-Executive Director as its Chairman.
The composition of the Committee as on 31st March 2012 is as under:
(i) Shri Surendra Singh Bhandari Chairman of the Committee
(ii) Shri Rajiv Kumar Bakshi Member
(iii) Shri N. S. Srinath Member
(iv) Shri Satya Dev Tripathi Member
(v) Shri Rajib Sekhar Sahoo Member
The Committee met - 4 - times during the Financial Year 2011-12 on the following dates.
27.05.2011 27.08.2011 22.12.2011 09.02.2012
The details of attendance of the Directors at the aforesaid Meetings of the Committee held during their respective tenure are as under:
efveosMekeĆ¢ keĆ¢e veece Name of the Director DeJeefOePeriod
GvekesĆ¢ keĆ¢eĆe&keĆ¢eue kesĆ¢ oewjeveDeeĆeesefpele yew"keWĆ¢
Meetings held during their tenure
yew"keWĆ¢ efpeveceWYeeie efueĆeeMeetings attended
Ćeer ceewefueve S. Jew<CeJemeefceefle kesĆ¢ DeOĆe#e
Shri Maulin Arvind Vaishnav Chairman of the Committee 01.04.2011 to 23.12.2011 3 3
Ćeer jepeerJe kegĆ¢ceej ye#eer Shri Rajiv Kumar Bakshi 01.04.2011 to 31.03.2012 4 4
Ćeer Sve. Sme. ĆeerveeLe Shri N. S. Srinath 01.04.2011 to 31.03.2012 4 4
Ćeer melĆe osJe ef$ehee"er Shri Satya Dev Tripathi 01.04.2011 to 31.03.2012 4 3
Ćeer megjWƵ eEmen Yeb[ejermeefceefle kesĆ¢ DeOĆe#e
Shri Surendra Singh Bhandari Chairman of the Committee
24.01.2012 to 31.03.2012 1 --
Ćeer jepeerye mesKej meent Shri Rajib Sekhar Sahoo 24.01.2012 to 31.03.2012 1 1
[e@ OecexvƵ Yeb[ejer Dr Dharmendra Bhandari 01.04.2011 to 23.12.2011 3 1
Ćeer oerhekeĆ¢ yeer.HeĆ¢eÅ”keĆ¢ Dr. Deepak B. Phatak 01.04.2011 to 23.12.2011 3 3
The Committee monitors the issuance of share certificates within a period of one month of the date of lodgment for transfer, sub-division, consolidation, renewal, exchange or endorsement of calls / allotment money. The Committee further monitors the redressal of investorsā complaints in a time bound manner.
The summary of number of requests/complaints received and resolved during the year are as under:
01.04.2011 keĆ¢es yekeĆ¢eĆeePending as on 01.04.2011
Je<e& kesĆ¢ oewjeve HeĆeHleReceived during the year
Je<e& kesĆ¢ oewjeve efveJeejCe Resolved during the year
31.03.2012 keĆ¢es yekeĆ¢eĆeePending as on 31.03.2012
28 8430 8426 32
All the pending cases as at the end of the year were pertaining to the request for issue of duplicate share certificates, in respect
Fme meefceefle ceW efvecveefueefKele meomĆe Meeefceue nQ,
(i) keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ ieCe SJeb
(ii) leerve DevĆe iewj keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ FmekesĆ¢ meomĆe Deewj SkeĆ¢ iewj-keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ FmekesĆ¢ DeOĆe#e nQ.
31 ceeĆe&, 2012 keĆ¢es meefceefle keĆ¢er mebjĆevee Fme heĆkeĆ¢ej nw:
(i) Ćeer megjWƵ eEmen Yeb[ejer meefceefle kesĆ¢ DeOĆe#e
(ii) Ćeer jepeerJe kegĆ¢ceej ye#eer meomĆe
(iii) Ćeer Sve.Sme.ĆeerveeLe meomĆe
(iv) Ćeer melĆe osJe ef$ehee"er meomĆe
(v) Ćeer jepeerye mesKej meent meomĆe
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve meefceefle keĆ¢er efvecveefueefKele leejerKeeW hej 04 yew"keWĆ¢ DeeĆeesefpele keĆ¢er ieF&:
meefceefle keĆ¢er GhejesĆ²eĆ¢ yew"keĆ¢eW ceW efveosMekeĆ¢eW keĆ¢er GvekesĆ¢ keĆ¢eĆe&keĆ¢eue kesĆ¢ oewjeve GheeqmLeefle keĆ¢e efJeJejCe Fme heĆkeĆ¢ej nw-
meefceefle Fme DeeMeĆe keĆ¢er cee@efveÅ”eEjie keĆ¢jleer nw efkeĆ¢ DeblejCe, Ghe efJeYeepeve, meceskeĆ¢ve, veJeerkeĆ¢jCe, efJeefveceĆe DeLeJee ceebie/ DeeyebÅ”ve jeefMe kesĆ¢ hejebkeĆ¢ve keĆ¢er heĆmlegefle-leejerKe mes SkeĆ¢ ceen kesĆ¢ Yeerlej meYeer heĆceeCe-he$e peejer keĆ¢j efoS peeSb. meefceefle efveJesMekeĆ¢eW keĆ¢er efMekeĆ¢eĆeleeW kesĆ¢ efveJeejCe kesĆ¢ efueS meceĆeyeƦ Ā¤he mes efveiejeveer Yeer keĆ¢jleer nw.
Je<e& kesĆ¢ oewjeve heĆehle SJeb efveJeejCe keĆ¢er ieF& efMekeĆ¢eĆeleeW /efveJesoveeW keĆ¢er mebKĆee keĆ¢e meejebMe veerĆes efoĆee ieĆee nw-
Je<e& kesĆ¢ oewjeve yekeĆ¢eĆee meYeer DeeJesove [ghueerkesĆ¢Å” MesĆej mee|Å”efHeĆ¢kesĆ¢Å” peejer keĆ¢jves mes mebyebefOele DevegjesOe he$e Les leLee FvekesĆ¢ mebyebOe ceW Dehesef#ele DeewheĆeeefjkeĆ¢leeSb heĆefāŗeĆ¢Ćee
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of which the necessary formalities were in process.
Shri Vinay A. Shah, Assistant General Manager & Company Secretary has been designated as the āCompliance Officerā of the Bank under Clause 47 (a) of the Listing Agreement with Stock Exchanges.
4.5 Share/Bond Transfer Committee
Besides the Shareholdersā / Investorsā Grievances Committee, the Bank has constituted a Share Transfer Committee comprising of Chairman and Managing Director, Executive Directors, -2- General Managers and Deputy/Assistant General Manager (Legal) as members. The Committee meets at least once in 15 days to effect transfer of Shares / Bonds. The Committee met on -56- occasions during the Financial Year 2011-12, on the following dates:
06.04.2011 07.04.2011 09.04.2011 20.04.2011 25.04.2011 29.04.2011
04.05.2011 14.05.2011 20.05.2011 21.05.2011 27.05.2011 07.06.2011
09.06.2011 14.06.2011 25.06.2011 01.07.2011 08.07.2011 12.07.2011
22.07.2011 27.07.2011 02.08.2011 11.08.2011 18.08.2011 26.08.2011
09.09.2011 14.09.2011 15.09.2011 23.09.2011 30.09.2011 03.10.2011
14.10.2011 17.10.2011 28.10.2011 04.11.2011 11.11.2011 11.11.2011
19.11.2011 26.11.2011 03.12.2011 14.12.2011 24.12.2011 27.12.2011
02.01.2012 11.01.2012 14.01.2012 23.01.2012 03.02.2012 04.02.2012
06.02.2012 15.02.2012 22.02.2012 01.03.2012 06.03.2012 09.03.2012
19.03.2012 24.03.2012
4.6 Sub Committee of the Board on ALM and Risk Management
The Bank has constituted a Board level Risk Management Committee known as āSub Committee of the Board on ALM and Risk Managementā to review and evaluate the overall risks assumed by the Bank.
The Committee is headed by Chairman and Managing Director and its composition as on 31st March, 2012 is as under:
(i) Shri M. D. Mallya Chairman
(ii) Shri Rajiv Kumar Bakshi Member
(iii) Shri N. S. Srinath Member
(iv) Shri. Surendra Singh Bhandari Member
The Committee met - 4 - times during the Financial Year on the following dates:
07.06.2011 27.08.2011 14.12.2011 27.02.2012
DeOeerve nQ /keĆ¢ej&JeeF& keĆ¢er pee jner nw.
Ćeer efJeveĆe S.Meen, meneĆekeĆ¢ ceneheĆyebOekeĆ¢ SJeb kebĆ¢heveer meefĆeJe keĆ¢es mÅ”e@keĆ¢ SkeƤmeĆeWpeeW kesĆ¢ meeLe metĆeerkeĆ¢jCe DevegyebOe kesĆ¢ Keb[ 47 (S) kesĆ¢ lenle yeQkeĆ¢ kesĆ¢ Devegheeueve DeefOekeĆ¢ejer kesĆ¢ Ā¤he ceW efveĆegĆ²eĆ¢ efkeĆ¢Ćee ieĆee nw.
4.5 MesĆej /yeeb[ DeblejCe meefceefle
MesĆejOeejkeĆ¢eW /efveJesMekeĆ¢eW keĆ¢er efMekeĆ¢eĆele efveJeejCe mes mebyebefOele meefceefle kesĆ¢ DeefleefjĆ²eĆ¢, yeQkeĆ¢ ves keĆ¢eĆe&heeuekeĆ¢eW keĆ¢er SkeĆ¢ MesĆej DeblejCe meefceefle ieef"le keĆ¢er nw. DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢, keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ ieCe, 2 ceneheĆyebOekeĆ¢ leLee Ghe ceneheĆyebOekeĆ¢/meneĆekeĆ¢ ceneĆøeyebOekeĆ¢ (efJeefOe) FmekesĆ¢ meomĆe nQ. 15 efove ceW meefceefle keĆ¢er keĆ¢ce mes keĆ¢ce SkeĆ¢ yew"keĆ¢ DeeĆeesefpele nesleer nw efpemekeĆ¢e heĆĆeespeve MesĆejeW /yeeb[eW kesĆ¢ DeblejCe keĆ¢er heĆefāŗeĆ¢Ćee keĆ¢es lespe keĆ¢jvee neslee nw. efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve meefceefle keĆ¢er 56 yew"keWĆ¢ ngF& efpemekeĆ¢e efJeJejCe efvecveevegmeej nw-
4.6 Deeeqmle osĆelee heĆyebOeve SJeb peesefKece heĆyebOeve hej efveosMekeĆ¢ ceb[ue keĆ¢er Ghe meefceefle :
yeQkeĆ¢ ves SkeĆ¢ efveosMekeĆ¢ ceb[ue mlejerĆe peesefKece heĆyebOeve meefceefle keĆ¢e ie"ve efkeĆ¢Ćee nw pees Deeeqmle osĆelee heĆyebOeve SJeb peesefKece heĆyebOeve hej efveosMekeĆ¢ ceb[ue keĆ¢er Ghemeefceefle kesĆ¢ Ā¤he ceW peeveer peeleer nw leLee yeQkeĆ¢ Ćeje hetJee&vegceeefvele mebhetCe& peesefKece keĆ¢er meceer#ee SJeb cetuĆeebkeĆ¢ve keĆ¢jleer nw.
meefceefle keĆ¢er DeOĆe#elee DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢ keĆ¢jles nQ leLee 31 ceeĆe&, 2012 keĆ¢es meefceefle keĆ¢er mebjĆevee Fme heĆkeĆ¢ej nw-
(i) Ćeer Sce.[er.ceuĆee DeOĆe#e
(ii) Ćeer jepeerJe kegĆ¢ceej ye#eer meomĆe
(iii) Ćeer Sve.Sme.ĆeerveeLe meomĆe
(iv) Ćeer megjWƵ eEmen Yeb[ejer meomĆe
efJeĆ²eerĆe Je<e& kesĆ¢ oewjeve meefceefle keĆ¢er efvecveefueefKele leejerKeeW keĆ¢es - 4 - yew"keWĆ¢ ngF&:
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The details of attendance of the Directors at the Meetings of the Committee held during their respective tenure are as under:
efveosMekeĆ¢ keĆ¢e veece Name of the Director DeJeefOePeriod
GvekesĆ¢ keĆ¢eĆe&keĆ¢eue kesĆ¢ oewjeve DeeĆeesefpele yew"keWĆ¢
Meetings held during their tenure
yew"keWĆ¢ efpeveceWYeeie efueĆeeMeetings attended
Ćeer Sce.[er.ceuĆee Shri M. D. Mallya 01.04.2011 to 31.03.2012 4 4
Ćeer jepeerJe kegĆ¢ceej ye#eer Shri Rajiv Kumar Bakshi 01.04.2011 to 31.03.2012 4 4
Ćeer Sve.Sme.ĆeerveeLe Shri N. S. Srinath 01.04.2011 to 31.03.2012 4 4
Ćeer megjWƵ Sme.Yeb[ejer Shri Surendra S. Bhandari 24.01.2012 to 31.03.2012 1 1
[e@ OecexvƵ Yeb[ejer Dr Dharmendra Bhandari 01.04.2011 to 23.12.2011 3 3
The Bank has set up an appropriate risk management architecture, comprising Risk Management Organizational Structure, Risk Principles, Risk Processes, Risk Control and Risk Audit, all with a view to ideally identify, manage, monitor and control various categories of risks, viz. Credit Risk, Market Risk and Operational Risk, etc. The underlying objective is to ensure continued stability and efficiency in the operations of the Bank, nationally and internationally and to look after the safety of the Bank.
4.7 Customer Service Committees
(a) Customer Service Committee of the Board
The Bank has constituted a sub-committee of Board known as āCustomer Service Committeeā. The Committee has the following members as on 31st March 2012:-
(i) Shri M. D. Mallya Chairman & Managing Director
(ii) Shri Rajiv Kumar Bakshi Executive Director
(iii) Shri N. S. Srinath Executive Director
(iv) Dr. (Smt.) Masarrat Shahid Director
(v) Shri Maulin Arvind Vaishnav
Director
The functions of the Committee include creating a platform for making suggestions and innovative measures for enhancing the quality of customer services and improving the level of satisfaction for all categories of clientele at all times, which inter-alia comprises the following:
i. Oversee the functioning of the Standing Committee on Procedure and Performance Audit on Public Serv ices and a lso compl iance w i th the recommendation of the Standing Committee on Customer Services.
ii. Review the status of the Awards remaining unimplemented for more than 3 months from the date of Awards and also deficiencies in providing Banking services as observed by the Banking Ombudsman.
iii. Review the status of the number of deceased claims
yeQkeĆ¢ ves efJeefYeVe peesefKeceeW ĆeLee āŗesĆ¢ef[Å” peesefKece, yeepeej peesefKece leLee
heefjĆeeueveiele peesefKece keĆ¢e helee ueieeves, heĆyebOeve, DevegheĆJele&ve leLee efveĆeb$eCe
keĆ¢es OĆeeve ceW jKeles ngS yeQkeĆ¢ ceW mecegefĆele peesefKece heĆyebOeve Ć{ebĆee lewĆeej efkeĆ¢Ćee
nw efpemeceW peesefKece mebjĆeveelcekeĆ¢ {ebĆee, peesefKece efmeƦeble, peesefKece heĆefāŗeĆ¢Ćee,
peesefKece efveĆeb$eCe leLee peesefKece uesKee hejer#ee Meeefceue nQ. FmekeĆ¢e cegKĆe
GƶsMĆe yeQkeĆ¢ kesĆ¢ jeĀ°^erĆe SJeb Debleje&Ā°^erĆe heefjĆeeueveeW keĆ¢es efvejblej yesnlej SJeb
keĆ¢eĆe&kegĆ¢Meue yeveevee nw Deewj yeQkeĆ¢ keĆ¢er megj#ee hej OĆeeve osvee nw.
4.7 ieĆenkeĆ¢ mesJee meefceefleĆeeb
(keĆ¢) efveosMekeĆ¢ ceb[ue keĆ¢er ieĆenkeĆ¢ mesJee meefceefle
yeQkeĆ¢ ves efveosMekeĆ¢ ceb[ue keĆ¢er SkeĆ¢ Ghemeefceefle keĆ¢e ie"ve efkeĆ¢Ćee nw pees āieĆenkeĆ¢
mesJee meefceefleā. kesĆ¢ veece mes peeveer peeleer nw. 31 ceeĆe&, 2012 keĆ¢es meefceefle kesĆ¢
efvecveefueefKele meomĆe nQ:-
(i) Ćeer Sce.[er.ceuĆee DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢
(ii) Ćeer jepeerJe kegĆ¢ceej ye#eer keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢
(iii) Ćeer Sve.Sme.ĆeerveeLe keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢
(iv) [e@ (Ćeerceleer.) cemej&le Meeefno efveosMekeĆ¢
(v) Ćeer ceewefueve DejeEJeo Jew<CeJe efveosMekeĆ¢
meefceefle kesĆ¢ keĆ¢eĆeeX ceW ieĆenkeĆ¢ mesJeeDeeW keĆ¢er iegCeJeĆ²ee keĆ¢es yesnlej yeveeves kesĆ¢ efueS
megPeeJe leLee veJeesvces<eer GheeĆeeW kesĆ¢ efueS huesÅ”HeĆ¢ece& keĆ¢e me=peve keĆ¢jvee leLee meYeer
mebJeie& kesĆ¢ ieĆenkeĆ¢eW kesĆ¢ efueS meblegeqĀ° kesĆ¢ mlej ceW megOeej keĆ¢jvee Meeefceue nw efpemeceW
DevĆe yeeleeW kesĆ¢ meeLe-meeLe efvecveefueefKele keĆ¢e meceeJesMe nw:
i. meeJe&peefvekeĆ¢ mesJeeDeeW keĆ¢er heĆefāŗeĆ¢Ćee SJeb keĆ¢eĆe&efve<heeove uesKee hejer#ee mebyebOeer
mLeeĆeer meefceefle kesĆ¢ keĆ¢eĆeeX keĆ¢er osKejsKe keĆ¢jvee leLee ieĆenkeĆ¢ mesJeeDeeW keĆ¢er mLeeĆeer
meefceefle keĆ¢er efmeHeĆ¢eefjMeeW kesĆ¢ Devegheeueve keĆ¢es megefveeqĀ§ele keĆ¢jvee.
ii. DeefOeefveCe&Će keĆ¢er leejerKe mes leerve cenerves mes DeefOekeĆ¢ DeJeefOe yeerle peeves hej Yeer
ueeiet ve efkeĆ¢S ieS yekeĆ¢eĆee DeefOeefveCe&ĆeeW leLee yeQeEkeĆ¢ie ueeskeĆ¢heeue Ćeje yeQeEkeĆ¢ie
mesJeeSb heĆoeve keĆ¢jves ceW heeF& ieF& keĆ¢efceĆeeW keĆ¢er eqmLeefle keĆ¢er meceer#ee keĆ¢jvee.
iii. ce=le peceekeĆ¢lee&DeeW /uee@keĆ¢j efkeĆ¢jeĆesoejeW /megjef#ele DeefYej#ee ceW jKeer ieF&
JemlegDeeW kesĆ¢ peceekeĆ¢lee&DeeW mes mebyebefOele efveheÅ”eve nsleg 15 efoveeW keĆ¢er DeJeefOe mes
meefceefle keĆ¢er GhejesĆ²eĆ¢ yew"keĆ¢eW ceW efveosMekeĆ¢eW keĆ¢er GvekesĆ¢ keĆ¢eĆe&keĆ¢eue kesĆ¢ oewjeve GheeqmLeefle Fme heĆkeĆ¢ej jner:
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remaining pending / outstanding for settlement beyond 15 days pertaining to deceased depositors / locker hirers / depositor of safe custody articles.
During the Financial Year 2011-12, the Committee met -4- times on the following dates:-
26.05.2011 27.08.2011 05.12.2011 09.02.2012
The details of attendance of the Directors are as under:
efveosMekeĆ¢ keĆ¢e veece Name of the Director DeJeefOePeriod
GvekesĆ¢ keĆ¢eĆe&keĆ¢eue kesĆ¢ oewjeve DeeĆeesefpele yew"keWĆ¢
Meetings held during their tenure
yew"keWĆ¢ efpeveceWYeeie efueĆeeMeetings attended
Ćeer Sce.[er.ceuĆee Shri M. D. Mallya 01.04.2011 to 31.03.2012 4 4
Ćeer jepeerJe kegĆ¢ceej ye#eer Shri Rajiv Kumar Bakshi 01.04.2011 to 31.03.2012 4 4
Ćeer Sve.Sme.ĆeerveeLe Shri N. S. Srinath 01.04.2011 to 31.03.2012 4 4
[e@. (Ćeerceleer.) cemej&le Meeefno Dr. (Smt.) Masarrat Shahid 01.04.2011 to 31.03.2012 4 2
Ćeer ceewefueve DejeEJeo Jew<CeJe Shri Maulin Arvind Vaishnav 01.04.2011 to 31.03.2012 4 4
(b) Standing Committee on Customer Service
Besides, the Sub-Committee of the Board as aforesaid, the Bank has also set up a Standing Committee on Procedures and Performance Audit on Customer Services having three other eminent public personalities as members alongwith both the Executive Directors and four General Managers of the Bank, as per the guidelines of Reserve Bank of India.
This Committee has been set up to focus on the banking services available to the public at large and focusing on the need to (i) benchmark the current level of service, (ii) review the progress periodically, (iii) enhance the timelines and quality, (iv) rationalize the processes taking into account technological developments, and (v) suggest appropriate initiatives to facilitate change on an ongoing basis.
4.8 Remuneration Committee
Government of India announced Performance Linked Incentives for Whole Time Directors of Public Sector Banks vide Notification No.F No.20/1/2005-BO.I dated 9th March, 2007. The incentive is based on certain qualitative as well as quantitative parameters fixed for Performance Evaluation Matrix on the basis of the statement of intent on goals and benchmarks based on various compliance reports during the previous financial year. In compliance of the said directives, a Remuneration Committee of the Board was constituted for evaluation of the performance and incentive amount to be awarded/ paid during the year.
The composition of the Committee as on 31 st March 2012 is as under
(i) Shri Alok Nigam (ii) Shri Sudarshan Sen (iii) Shri Ajay Mathur (iv) Shri Surendra S. Bhandari
DeefOekeĆ¢ kesĆ¢ yekeĆ¢eĆee oeJeeW keĆ¢er mebKĆee keĆ¢er eqmLeefle mebyebOeer meceer#ee keĆ¢jvee.
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve meefceefle keĆ¢er efvecveefueefKele leejerKeeW keĆ¢es Ćeej yew"keWĆ¢ ngFĆ:-
efveosMekeĆ¢eW keĆ¢er GheeqmLeefle keĆ¢e efJeJejCe Fme heĆkeĆ¢ej nw:
(Ke) ieĆenkeĆ¢ mesJee mebyebOeer mLeeĆeer meefceefle
YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW kesĆ¢ Devegmeej, yeQkeĆ¢ kesĆ¢ efveosMekeĆ¢eW keĆ¢er ieef"le Ghemeefceefle kesĆ¢ DeefleefjĆ²eĆ¢ yeQkeĆ¢ ves ieĆenkeĆ¢ mesJeeDeeW hej heĆefāŗeĆ¢ĆeeDeeW leLee keĆ¢eĆe&efve<heeove uesKeehejer#ee hej SkeĆ¢ mLeeĆeer meefceefle keĆ¢e Yeer ie"ve efkeĆ¢Ćee nw efpemeceW yeQkeĆ¢ kesĆ¢ oesveeW keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢, 4 ceneheĆyebOekeĆ¢ leLee 3 DevĆe heĆefleeqā¦le meeJe&peefvekeĆ¢ JĆeefĆ²eĆ¢ meomĆe kesĆ¢ Ā¤he ceW Meeefceue nQ.
Fme meefceefle keĆ¢e ie"ve efJeMes<e Ā¤he mes pevemeeceevĆe keĆ¢es GheueyOe yeQeEkeĆ¢ie megefJeOeeDeeW hej OĆeeve keWĆ¢efƵle keĆ¢jves leLee (i) mesJee kesĆ¢ ceewpetoe mlej kesĆ¢ yeWĆeceeke&Ć¢, (ii) DeeJeefOekeĆ¢ heĆieefle keĆ¢er meceer#ee, (iii) meceĆeyeƦlee SJeb iegCeJeĆ²ee keĆ¢es yeĆ{eves, (iv) heĆewĆ eesefiekeĆ¢er GVeĆeve kesĆ¢ ceƶsve]pej heĆefāŗeĆ¢Ćee keĆ¢es ĆegefĆ²eĆ¢mebiele yeveeves, leLee (v) heefjJee|lele heefjeqmLeefleĆeeW kesĆ¢ DevegĀ®he mecegefĆele heĆeslmeenve nsleg megPeeJe osves keĆ¢er DeeJeMĆekeĆ¢lee hej OĆeeve osves nsleg efkeĆ¢Ćee ieĆee nw.
4.8 heeefjĆeefcekeĆ¢ meefceefle
Yeejle mejkeĆ¢ej ves Deheveer DeefOemetĆevee meb.SHeĆ¢ veb..20/1/2005-yeerDees.DeeF& efoveebkeĆ¢ 9 ceeĆe&, 2007 kesĆ¢ Ćeje meeJe&peefvekeĆ¢ #es$e kesĆ¢ yeQkeĆ¢eW kesĆ¢ hetCe&keĆ¢eefuekeĆ¢ efveosMekeĆ¢eW kesĆ¢ efueS keĆ¢eĆe&efve<heeove menyeƦ heĆeslmeenve keĆ¢er Iees<eCee keĆ¢er. Ćen heĆeslmeenve efJeiele efJeĆ²eerĆe Je<e& kesĆ¢ oewjeve efJeefYeVe Devegheeuevee efjheesÅ”eX hej DeeOeeefjle ue#ĆeeW SJeb yeWĆeceeke&Ć¢ kesĆ¢ DevegĀ¤he keĆ¢eĆe&efve<heeove cetuĆeebkeĆ¢ve, efpemeceW iegCeJeĆ²ee Deewj cee$ee oesveeW keĆ¢e meceeJesMe nw, hej DeeOeeefjle nw. GĆ²eĆ¢ efoMee-efveoxMeeW kesĆ¢ Devegheeueve ceW Je<e& kesĆ¢ oewjeve keĆ¢eĆe&efve<heeove kesĆ¢ cetuĆeebkeĆ¢ve leLee osĆe/DeJee[& keĆ¢er peeves Jeeueer heĆeslmeenve jeefMe nsleg efveosMekeĆ¢ ceb[ue keĆ¢er heeefjĆeefcekeĆ¢ meefceefle keĆ¢e ie"ve efkeĆ¢Ćee ieĆee.
meefceefle keĆ¢er 31 ceeĆe&, 2012 keĆ¢es mebjĆevee Fme heĆkeĆ¢ej nw-
(i) Ćeer DeeueeskeĆ¢ efveiece
(ii) Ćeer megoMe&ve mesve
(iii) Ćeer DepeĆe ceeLegj
(iv) Ćeer megjWƵ Sme. Yeb[ejer
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During the Financial Year 2011-12, the Committee met once on 28th April, 2011 wherein all members were present. In terms of the aforesaid notification, the Committee decided to pay incentives to the following Whole-time Directors as per details given below:
āŗeĆ¢. mebSr. No
veece / Name heo / Designation efJeĆ²eerĆe Je<e& 20010-11 kesĆ¢ efueS keĆ¢eĆe&efve<heeove mebyebOe, Ćeeslmeenve (`)
Performance Linked Incentives for the Financial
Year 2010-11 (`)
1 Ćeer Sce.[er.ceuĆeeShri M. D. Mallya
DeOĆe#e SJeb ĆeyebOe efveosMekeĆ¢Chairman and Managing Director
800000
2 Ćeer jepeerJe kegĆ¢ceej ye#eerShri Rajiv Kumar Bakshi
keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ Executive Director
650000
3 Ćeer Sve.Sme.ĆeerveeLeShri N. S. Srinath
keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢Executive Director
650000
4.9 Nomination Committee
Reserve Bank of India has laid down "Fit and Proper" criteria to be fulfilled by persons to be elected as directors on the Boards of the Nationalized Banks under the provisions of Section 9(3)(i) of Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/80. In terms of the guidelines issued by Reserve Bank of India, a Nomination Committee is required to be constituted consisting of a minimum of three directors (all independent/non executive directors) from amongst the Board of Directors. In compliance of the said directives, a āNomination Committeeā has been constituted.
The composition of the Committee as on 31st March, 2012 is as under:
(i) Shri Alok Nigam (term ended on 18.03.12 & re-nominated w.e.f.13.04.12)
(ii) Shri Ajay Mathur
(iii) Shri Satya Dev Tripathi
(iv) Dr.(Smt.) Masarrat Shahid (term ended on 18.03.12 & re-nominated w.e.f.13.04.12)
During the Financial Year 2011-12, the Committee met twice on 27th April, 2011 and 12th December, 2011. The Committee at its meeting held on 27th April 2011 ascertained the "Fit & Proper" status of the then Shareholder Directors. The meeting held on 12.12.2011 was convened to ascertain "Fit and Proper" status of the candidates for election of Shareholder Directors as per RBI guidelines. The Committee found all of them "Fit and Proper".
4.10 Committee of Directors
A Committee of Directors consisting of Chairman and Managing Director and the nominee Directors of Government of India and Reserve Bank of India has been formed for dealing with the promotions at senior level. This Committee also deals with review of vigilance disciplinary cases and departmental enquiries.
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve meefceefle keĆ¢er 28 DeheĆwue, 2011 keĆ¢es SkeĆ¢ yew"keĆ¢ ngF& efpemeceW meYeer meomĆe GheeqmLele Les. Thej GequueefKele DeefOemetĆevee keĆ¢er MeleeX kesĆ¢ DevegĀ¤he meefceefle ves veerĆes efoS ieS efJeJejCe kesĆ¢ Devegmeej efvecveefueefKele hetCe& keĆ¢eefuekeĆ¢ efveosMekeĆ¢eW keĆ¢es heĆeslmeenve jeefMe kesĆ¢ Yegieleeve keĆ¢jves keĆ¢e efveCe&Će efueĆee.
4.9 veeceebkeĆ¢ve meefceefle
YeejleerĆe efj]peJe& yeQkeĆ¢ ves yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve Deewj DeblejCe) DeefOeefveĆece, 1970/80 keĆ¢er Oeeje 9(3)(DeeF&) kesĆ¢ heĆeJeOeeveeW kesĆ¢ Debleie&le jeĀ°^erĆeke=Ć¢le yeQkeĆ¢eW kesĆ¢ efveosMekeĆ¢ ceb[ue ceW efveosMekeĆ¢ kesĆ¢ Ā¤he ceW ĆeĆeve nsleg ĆeLeesefĆele 'efHeĆ¢Å” SC[ heĆe@hej' ceeveob[ efveOee&efjle efkeĆ¢S nQ. YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje peejer efoMee-efveoxMeeW kesĆ¢ DevegĀ¤he veeceebkeĆ¢ve meefceefle ieef"le keĆ¢jvee Dehesef#ele nw efpemeceW efveosMekeĆ¢ ceb[ue ceW mes keĆ¢ce mes keĆ¢ce leerve efveosMekeĆ¢ (meYeer mJeleb$e/iewj keĆ¢eĆe&heeuekeĆ¢ efveosMekeĆ¢) Meeefceue neW. GĆ²eĆ¢ efoMee-efveoxMeeW keĆ¢er Devegheeuevee ceW SkeĆ¢ 'veeceebkeĆ¢ve meefceefle' keĆ¢e ie"ve efkeĆ¢Ćee ieĆee nw.
31 ceeĆe& 2012 keĆ¢er eqmLeefle kesĆ¢ DevegĀ¤he meefceefle keĆ¢er mebjĆevee Fme heĆkeĆ¢ej nw:
(i) Ćeer DeeueeskeĆ¢ efveiece (keĆ¢eĆe&keĆ¢eue 18.03.12 keĆ¢es meceehle ngDee leLee 13.04.12 mes hegve: veeefcele ngS)
(ii) Ćeer DepeĆe ceeLegj
(iii) Ćeer melĆe osJe ef$ehee"er
(iv) [e@.(Ćeerceleer) cemej&le Meeefno ( keĆ¢eĆe&keĆ¢eue 18.03.12 keĆ¢es meceehle ngDee leLee 13.04.12 mes hegve: veeefcele ngFĆ&)
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve meefceefle keĆ¢er efo.27 DeheĆwue, 2011 leLee 12 efomebyej, 2011 keĆ¢es oes yew"keWĆ¢ ngF&. meefceefle ves 27 DeheĆwue, 2011 keĆ¢es DeeĆeesefpele yew"keĆ¢ ceW lelkeĆ¢eueerve MesĆejOeejkeĆ¢ efveosMekeĆ¢eW kesĆ¢ mecegefĆele DeLee&le "efHeĆ¢Å” SC[ heĆe@hej" mÅ”sÅ”me keĆ¢er mebJeer#ee keĆ¢er. efo.12.12.2011 keĆ¢es yew"keĆ¢ keĆ¢e DeeĆeespeve MesĆejOeejkeĆ¢ efveosMekeĆ¢eW kesĆ¢ ĆegveeJe kesĆ¢ efueS DeYĆee|LeĆeeW kesĆ¢ YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efveoxMeeW kesĆ¢ DevegĀ¤he mecegefĆele DeLee&le efHeĆ¢Å” SC[ heĆe@hej mÅ”sÅ”me keĆ¢er mebJeer#ee keĆ¢jves kesĆ¢ GƶsMĆe mes efkeĆ¢Ćee ieĆee Lee. meefceefle ves Gve meYeer keĆ¢es "efHeĆ¢Å” SC[ heĆe@hej" heeĆee.
4.10 efveosMekeĆ¢eW keĆ¢er meefceefle
DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢ SJeb Yeejle mejkeĆ¢ej leLee YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ veeefcele efveosMekeĆ¢eW keĆ¢er SkeĆ¢ meefceefle keĆ¢e ie"ve Jeefjā¦ mlej kesĆ¢ heoesVeefle mebyebOeer keĆ¢eĆeeX kesĆ¢ GƶsMĆe mes efkeĆ¢Ćee ieĆee nw. Ćen meefceefle meleke&Ć¢lee mebyebOeer DevegMeemeefvekeĆ¢ ceeceueeW Deewj efJeYeeieerĆe peebĆeeW keĆ¢er meceer#ee keĆ¢e keĆ¢eĆe& Yeer keĆ¢jleer nw.
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The composition of the Committee as on 31st March, 2012 is as under:
(i) Shri M. D. Mallya
(ii) Shri Alok Nigam
(iii) Shri Sudarshan Sen
The Committee met - 6 - times during the Financial Year 2011-12 on the following dates:
06.05.2011 07.05.2011 25.07.2011 27.08.2011 12.11.2011 24.01.2012
The details of attendance of directors are as under:
meomĆe keĆ¢e veece Name GvekesĆ¢ keĆ¢eĆe&keĆ¢eue kesĆ¢ oewjeve DeeĆeesefpele yew"keĆ¢eW keĆ¢er mebKĆee
Meetings held during their tenure
yew"keĆ¢eW keĆ¢er mebKĆee efpeveceWYeeie efueĆee
Meetings Attended
Ćeer Sce.[er.ceuĆee Shri M. D. Mallya 6 6
Ćeer DeeueeskeĆ¢ efveiece Shri Alok Nigam 6 4
Ćeer megoMe&ve mesve Shri Sudarshan Sen 4 4
Ćeer Deej. ieebOeer Shri R. Gandhi 2 2
4.11 Committee on High Value Frauds
As per RBI circular no.RBI/2004.15/.DBS.FGV(F)No.1004/23.04.01A/2003-04 dated 14th January, 2004 a Special Committee of the Board for monitoring high value frauds of Rs.1.00 crore and above has been formed in our Bank.
The major functions of the Committee, inter-alia, include monitoring and review of all the frauds of Rs.1.00 crore and above so as to: (a) identify the systemic lacunae if any that facilitated perpetration of the fraud and put in place measures to plug the same (b) identify the reasons for delay in detection, if any, reporting to top management of the Bank and RBI (c) monitor progress of CBI/Police investigation and recovery position (d) ensure that staff accountability is examined at all levels in all the cases of frauds and staff side action, if required, is completed quickly without loss of time (e) review the efficacy of the remedial action taken to prevent recurrence of frauds, such as strengthening of internal controls and (f) put in place other measures as may be considered relevant to strengthen preventive measures against frauds.
The Committee consists of -5- members of the Board of Directors: (a) Chairman and Managing Director (b) Two members from ACB and (c) Two other members from the Board excluding RBI Nominee.
The composition of the Committee as on 31st March, 2012 is as under:
(i) Shri M. D. Mallya (ii) Shri Alok Nigam (iii) Shri Maulin Arvind Vaishnav (iv) Shri Surendra Singh Bhandari
(v) Shri Rajib Sekhar Sahoo
31 ceeĆe&, 2012 lekeĆ¢ meefceefle keĆ¢er mebjĆevee Fme heĆkeĆ¢ej nw:
(i) Ćeer Sce.[er.ceuĆee
(ii) Ćeer DeeueeskeĆ¢ efveiece
(iii) Ćeer megoMe&ve mesve
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve meefceefle keĆ¢er efvecveefueefKele efJeJejCe Devegmeej - 6 ā yew"keWĆ¢ ngFĆ :
efveosMekeĆ¢eW keĆ¢er GheeqmLeefle mebyebOeer efJeJejCe Fme heĆkeĆ¢ej nw:
4.11 yeĆ[er jeefMe keĆ¢er OeesKeeOeĆ[er kesĆ¢ yeejs ceW meefceefle
YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ heefjhe$eebkeĆ¢ DeejyeerDeeF&/2004.15/[eryeerSme.SHeĆ¢peerJeer(SHeĆ¢)veb.1004/23.04.01S/2003-04 efoveebkeĆ¢ 14 peveJejer, 2004 kesĆ¢ efveoxMeevegmeej nceejs yeQkeĆ¢ ceW Ā®.1/- keĆ¢jesĆ[ Deewj Gmemes DeefOekeĆ¢ keĆ¢er jeefMe kesĆ¢ OeesKeeOeĆ[er mebyebOeer ceeceueeW keĆ¢er cee@veerÅ”eEjie kesĆ¢ efueS efveosMekeĆ¢ ceb[ue keĆ¢er efJeMes<e meefceefle keĆ¢e ie"ve efkeĆ¢Ćee ieĆee ieĆee nw.
meefceefle kesĆ¢ cegKĆe keĆ¢eĆeeX ceW DevĆe yeeleeW kesĆ¢ meeLe-meeLe 1.00 keĆ¢jesĆ[ Ā®. Deewj Gmemes Thej keĆ¢er jeefMe keĆ¢er OeesKeeOeĆ[er keĆ¢er efveiejeveer leLee meceer#ee Meeefceue nw leeefkeĆ¢: (keĆ¢) OeesKeeOeĆ[er kesĆ¢ DeehejeefOekeĆ¢ ke=Ć¢lĆe ceW heĆCeeueeriele KeeefceĆeeW keĆ¢e helee ueieeves Deewj Gve hej efveĆeb$eCe keĆ¢jves kesĆ¢ efueS GheeĆe efkeĆ¢S pee mekeWĆ¢ (Ke) OeesKeeOeĆ[er kesĆ¢ helee ueieeves ceW efJeuebye kesĆ¢ keĆ¢ejCeeW keĆ¢er henĆeeve leLee yeQkeĆ¢ leLee YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ GĆĆe heĆyebOekeĆ¢eW keĆ¢es GmekeĆ¢er efjheese\Å”ie, (ie) meeryeerDeeF&/hegefueme peebĆe- heĆ[leeue keĆ¢er heĆieefle leLee Jemetueer keĆ¢er eqmLeefle, (Ie) Ćen megefveeqĀ§ele keĆ¢jvee efkeĆ¢ OeesKeeOeĆ[er kesĆ¢ meYeer ceeceueeW ceW meYeer mlejeW hej mÅ”eHeĆ¢ GĆ²ejoeefĆelJe keĆ¢e hejer#eCe nes Deewj mÅ”eHeĆ¢ hej keĆ¢ej&JeeF&, Ćeefo Dehesef#ele nes, DeefJeuebye nes (Će) OeesKeeOeĆ[er keĆ¢er hegvejeJe=efĆ²e kesĆ¢ efveJeejCe kesĆ¢ efueS keĆ¢er ieF& megOeejelcekeĆ¢ keĆ¢ej&JeeF& keĆ¢er heĆYeeJeeslheeokeĆ¢lee keĆ¢er meceer#ee ĆeLee DeebleefjkeĆ¢ efveĆeb$eCe keĆ¢es meMeĆ²eĆ¢ keĆ¢jvee Deewj (Ć) OeesKeeOeĆ[er kesĆ¢ efKeueeHeĆ¢ efveJeejkeĆ¢ GheeĆeeW keĆ¢es meMeĆ²eĆ¢ keĆ¢jves kesĆ¢ efueS ĆeLeeJeMĆekeĆ¢ DevĆe GheeĆe keĆ¢jvee.
efveosMekeĆ¢ ceb[ue kesĆ¢ 5 meomĆeeW keĆ¢er ieef"le efJeMes<e meefceefle ceW: (keĆ¢) DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢ (Ke) Smeeryeer kesĆ¢ oes meomĆe (ie) YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ veeefceefle kesĆ¢ DeueeJee efveosMekeĆ¢ ceb[ue kesĆ¢ 2 DevĆe meomĆeeW keĆ¢e meceeJesMe nw.
31 ceeĆe&, 2012 keĆ¢es meefceefle keĆ¢er mebjĆevee efvecveevegmeej nw. (i) Ćeer Sce.[er.ceuĆee (ii) Ćeer DeeueeskeĆ¢ efveiece (iii) Ćeer ceewefueve DejeEJeo Jew<CeJe (iv) Ćeer megjWƵ eEmen Yeb[ejer
(v) Ćeer jepeerye mesKej meent
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The Committee met -3- times during the Financial Year 2011-2012 as per the details below :
20.07.2011 22.12.2011 27.02.2012
The details of attendance of directors are as under:
veece Name GvekesĆ¢ keĆ¢eĆe&keĆ¢eue kesĆ¢ oewjeve DeeĆeesefpele yew"keĆ¢eW keĆ¢er mebKĆee
Meetings held during their tenure
yew"keĆ¢eW keĆ¢er mebKĆee efpeveceWYeeie efueĆee
Meetings Attended
Ćeer Sce.[er.ceuĆee Shri M. D. Mallya 3 3
Ćeer DeeueeskeĆ¢ efveiece Shri Alok Nigam 3 1
Ćeer ceewefueve S. Jew<CeJe Shri Maulin Arvind Vaishnav 3 3
Ćeer megjWƵ Sme.Yeb[ejer Shri Surendra S. Bhandari 1 1
Ćeer jepeerye Sme.meent Shri Rajib S. Sahoo 1 1
[e@ OecexƵ Yeb[ejer Dr. Dharmendra Bhandari 2 1
[e@. oerhekeĆ¢ yeer. HeĆ¢eÅ”keĆ¢ Dr. Deepak B. Phatak 2 1
4.12 it Strategy Committee of the Bank
In accordance with the recommendations of Reserve Bank of India Working Group on Information Security, Electronic Banking, Technology Risk Management & Cyber Frauds, the Bank at its Board meeting held on 27th February, 2012, constituted an IT Strategy Committee, comprising the following members:
i. Shri Rajib S. Sahoo Chairman of the Committee
ii. Shri Ajay Mathur Directoriii. Shri R. K. Bakshi Executive Directoriv. Shri N. S. Srinath Executive Directorv. Dr. Deepak B. Phatak External IT Expertvi. Shri R. Koteeswaran General Manager (IT &
Projects) ā Convenor of the meeting.
The quorum of the Committee is -3- members comprising two members from Board of Directors (one of which should be Executive Director) and external IT expert.
The Committee shall oversee the functions of IT Steering committee of the Bank, besides working in partnership with other Board Committee and Senior Management to provide input, review and amend the aligned corporate and IT strategies.
4.13 Steering Committee of the Board on hR
As per the recommendations of the Khandelwal Committee, Ministry of Finance, Government of India, vide its communication dated 21st October, 2011, conveyed that a Steering Committee of the Board on HR issues to be constituted with Government Director and two outstanding HR professionals, apart from Chairman and Managing Director and Executive Directors. Accordingly, the Bank at its Board meeting held on 27th February, 2012, has constituted a Steering Committee of the Board on HR to deal with the matters related to Human Resources. The Committee comprises the following members:
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve meefceefle keĆ¢er 3 yew"keWĆ¢ DeeĆeesefpele keĆ¢er ieF&. efJeJejCe Fme heĆkeĆ¢ej nw:
efveosMekeĆ¢eW keĆ¢er GHeeqmLeefle mebyebOeer efJeJejCe efvecveevegmeej nw :
4.12 yeQkeĆ¢ keĆ¢er metĆevee heĆewĆ eesefiekeĆ¢er veerefle
YeejleerĆe efj]peJe& yeQkeĆ¢ keĆ¢er metĆevee megj#ee /FueskeĆ¤Å”^e@efvekeĆ¢ yeQeEkeĆ¢ie, Å”skeƤveeuee@peer peesefKece heĆyebOeve leLee meeFyej HeĆĆ¢e@[ hej Jee\keĆ¢ie ieĆghe keĆ¢er efmeHeĆ¢eefjMeeW kesĆ¢ DevegĀ¤he yeQkeĆ¢ ves 27 HeĆ¢jJejer, 2012 keĆ¢es DeeĆeesefpele yew"keĆ¢ ceW metĆevee heĆewĆ eesefiekeĆ¢er veerefle meefceefle keĆ¢e ie"ve efkeĆ¢Ćee efpemeces efvecveefueefKele meomĆe Meeefceue nQ,
i. Ćeer jepeerye Sme.meent ā meefceefle kesĆ¢ DeOĆe#e
ii. Ćeer DepeĆe ceeLegj ā efveosMekeĆ¢
iii. Ćeer Deej.kesĆ¢.ye#eer - keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢
iv. Ćeer Sve.Sme.ĆeerveeLe - keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢
v. [e@ oerhekeĆ¢ yeer.HeĆ¢eÅ”keĆ¢ ā yeeĀ¢e met. heĆew. efJeMes<e%e
vi. Ćeer Deej.keĆ¢esÅ”erĆejve - ceneheĆyebOekeĆ¢ (metheĆew SJeb heefjĆeespevee) yew"keĆ¢ kesĆ¢ mebĆeespekeĆ¢
Fme meefceefle kesĆ¢ mebKĆeelcekeĆ¢ mJeĀ¤he (keĆ¢esjce) ceW 3 meomĆe, efpeveceW 2 meomĆe efveosMekeĆ¢ ceb[ue (FveceW mes SkeĆ¢ keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ neWies) mes leLee SkeĆ¢ yeeĀ¢e metheĆew SkeƤmeheÅ”& Meeefceue neWies.
Ćen meefceefle DevĆe yees[& meefceefle leLee Jeefjā¦ heĆyebOeve kesĆ¢ meeLe keĆ¢eĆe& keĆ¢jles ngS yeQkeĆ¢ keĆ¢er metĆevee heĆewĆ eesefiekeĆ¢er mebĆeeueve meefceefle kesĆ¢ keĆ¢eĆeeX keĆ¢er mebJeer#ee keĆ¢jsieer leeefkeĆ¢ keĆ¢eheexjsÅ” leLee metĆevee heĆewĆ eesefiekeĆ¢er veerefleĆeeW ceW hejmhej leeuecesue leLee leovegmeej mebJeer#ee SJeb megOeej efkeĆ¢Ćee pee mekesĆ¢.
4.13 ceeveJe mebmeeOeve hej yees[& keĆ¢er mebĆeeueve meefceefle
Keb[sueJeeue meefceefle, efJeĆ²e ceb$eeueĆe, Yeejle mejkeĆ¢ej keĆ¢er efmeHeĆ¢eefjMeeW kesĆ¢ DevegĀ¤he 21 DeĆ²etĆ¢yej, 2011 keĆ¢es mebheĆsef<ele mebosMe ceW peevekeĆ¢ejer oer ieF& efkeĆ¢ ceeveJe mebmeeOeve ceeceueeW hej yees[& keĆ¢er SkeĆ¢ mebĆeeueve meefceefle keĆ¢e ie"ve efkeĆ¢Ćee peeS efpemeceW DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢ leLee keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢eW kesĆ¢ DeueeJee mejkeĆ¢ej keĆ¢er Deesj mes efveosMekeĆ¢ leLee oes heĆyegƦ ceeveJe mebmeeOeve mes pegĆ[s hesMesJej JĆeefĆ²eĆ¢ Meeefceue neWies. leovegmeej yeQkeĆ¢ ves efo.27 HeĆ¢jJejer, 2012 keĆ¢es DeeĆeesefpele Deheveer yees[& ceereEÅ”ie ceW ceeveJe mebmeeOeve hej SkeĆ¢ mebĆeeueve meefceefle keĆ¢e ie"ve efkeĆ¢Ćee nw pees efkeĆ¢ ceeveJe mebmeeOeve mes pegĆ[s cemeueeW keĆ¢e meceeOeeve keĆ¢jsieer. Fme meefceefle ceW efvecveefueefKele meomĆe Meeefceue nw:-
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1. Shri M. D. Mallya Chairman & Managing Director
2. Shri R. K. Bakshi Executive Director
3. Shri N. S. Srinath Executive Director
4. Shri Alok Nigam Government Nominee Director
5. Dr. Deepak B. Phatak Professor, IIT, Mumbai
6. Dr. Asha Bhandarkar Professor, MDI, Gurgaon.
5. Remuneration of Directors
The remuneration including travelling and halting expenses to Non-Executive Directors which are being paid as stipulated by the Central Government in consultation with Reserve Bank of India from time to time in terms of Clause 17 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970 (as amended).
The Chairman and Managing Director and Executive Directors (Three whole time directors) are being paid remuneration by way of salary as per rules framed by the Government of India. The details of remuneration and Performance Linked Incentives paid to Chairman and Managing Director and Executive Director/s is detailed below:
A. Salary paid during the Financial Year 2011ā12:
āŗeĆ¢. meb.Sr. No
veece / Name heoveece / Designation Amount (`)
1 Ćeer Sce.[er.ceuĆee Shri M. D. Mallya
DeOĆe#e SJeb ĆeyebOe efveosMekeĆ¢ Chairman and Managing Director
17,37,459.00
2 Ćeer jepeerJe kegĆ¢ceej ye#eer Shri Rajiv Kumar Bakshi
keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ Executive Director
15,47,317.00
3 Ćeer Sve. Sme. ĆeerveeLe Shri N. S. Srinath
keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ Executive Director
14,72,495.00
B. Performance Linked Incentives paid during 2011-12:
āŗeĆ¢. meb.Sr. No
veece / Name heoveece / Designation Amount (`)
1 Ćeer Sce.[er.ceuĆeeShri M. D. Mallya
DeOĆe#e SJeb ĆeyebOe efveosMekeĆ¢ Chairman and Managing Director
8,00,000.00
2 Ćeer jepeerJe kegĆ¢ceej ye#eerShri Rajiv Kumar Bakshi
keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ Executive Director
6,50,000.00
3 Ćeer Sve. Sme. ĆeerveeLeShri N. S. Srinath
keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ Executive Director
6,50,000.00
1. Ćeer Sce.[er.ceuĆee DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢
2. Ćeer Deej.kesĆ¢.ye#eer keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢
3. Ćeer Sve.Sme.ĆeerveeLe keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢
4. Ćeer DeeueeskeĆ¢ efveiece mejkeĆ¢ej Ćeje veeefcele efveosMekeĆ¢
5. [e@ oerhekeĆ¢ HeĆ¢eÅ”keĆ¢ heĆesHesĆ¢mej, DeeF&DeeF&Å”er, cegbyeF&
6. [e@ DeeMee Yeb[ejkeĆ¢j heĆesHesĆ¢mej, Sce[erDeeF&, iegĆ[ieebJe
5. efveosMekeĆ¢eW keĆ¢e heeefjĆeefcekeĆ¢
iewj keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢eW keĆ¢er Ćee$ee leLee "njves hej nesves Jeeues JĆeĆe meefnle heeefjĆeefcekeĆ¢ keĆ¢e Yegieleeve jeĀ°^erĆeke=Ć¢le yeQkeĆ¢ (heĆyebOeve SJeb efJeefJeOe heĆeJeOeeve) Ćeespevee, 1970(ĆeLee mebMeesefOele) keĆ¢er Oeeje 17 ceW GequueefKele MeleeX kesĆ¢ DevegĀ¤he meceĆe-meceĆe hej keWĆ¢Ćµ mejkeĆ¢ej Ćeje YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ hejeceMe& mes ĆeLeeefveOee&efjle ceevekeĆ¢eW kesĆ¢ DevegĀ¤he efkeĆ¢Ćee pee jne nw.
DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢ leLee keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢ keĆ¢es heeefjĆeefcekeĆ¢ keĆ¢e Yegieleeve Jesleve kesĆ¢ Ā¤he ceW Yeejle mejkeĆ¢ej Ćeje efveOee&efjle efveĆeceeW kesĆ¢ DevegĀ¤he efkeĆ¢Ćee peelee nw. DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢ leLee keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢eW keĆ¢es Yegieleeve efkeĆ¢S ieS heeefjĆeefcekeĆ¢ leLee keĆ¢eĆe&efve<heeove menyeƦ heĆeslmeenve keĆ¢e yĆeewje efvecveevegmeej nw?:
keĆ¢. efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve Jesleve keĆ¢e Yegieleeve:
Ke. Je<e& 2011-12 kesĆ¢ efueS oewjeve keĆ¢eĆe&efve<heeove menyeƦ heĆeslmeenve keĆ¢e Yegieleeve:
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The Sitting Fee paid to the Non-Executive Directors during the Year 2011-12 is as under: (No sitting fee is payable to whole time directors and director representing Government of India & RBI):
āŗeĆ¢. meb.Sr. No.
efveosMekeĆ¢ keĆ¢e veece Name of the Director Yegieleeve keĆ¢er ieF& jeefMe (Ā®.) Amount Paid in `
1 Ćeer efJeefveue kegĆ¢ceej mekeƤmesvee Shri Vinil Kumar Saxena 1,65,000.002 Ćeer Jeer.yeer.ĆeJneCe Shri V. B. Chavan 1,70,000.003 Ćeer DepeĆe ceeLegj Shri Ajay Mathur 2,87,500.004 [e@ (Ćeerceleer) cemej&le Meeefno Dr. (Smt.) Masarrat Shahid 1,72,500.005 Ćeer melĆe osJe ef$ehee"er Shri Satya Dev Tripathi 1,77,500.006 Ćeer ceewefueve DejeEJeo Jew<CeJe Shri Maulin Arvind Vaishnav 2.50,000.007 Ćeer megjWƵ eEmen Yeb[ejer Shri Surendra Singh Bhandari 60,000.008 Ćeer jepeerye mesKej meent Shri Rajib Sekhar Sahoo 65,000.009 [e@ OecexvƵ Yeb[ejer Dr. Dharmendra Bhandari 62,500.00
10 [e@ oerhekeĆ¢ yeer.HeĆ¢eÅ”keĆ¢ Dr. Deepak B. Phatak 97,500.00
6. General Body Meetings
The details of General Body Meetings held during the last three years are given below:
yeQ"keĆ¢ keĆ¢e mJeĀ¤he Nature of Meeting
efoveebkeĆ¢ SJeb meceĆeDate & Time
mLeeve Venue
ĆeĆeespevePurpose
13JeeR Jeee|<ekeĆ¢ meeceevĆe yew"keĆ¢
13th Annual General Meeting
2 pegueeF&, 2009heĆele: 10.30 yepes2nd July, 2009 At 10.30 a.m.
heĆes meer.meer.cesnlee. Dee@[erÅ”esefjĆece, pevejue SpĆetkesĆ¢Meve meWÅ”j, cenejepee meĆeepeerjeJe ĆetefveJee|meÅ”er Dee@]HeĆ¢ yeĆ[ewoe , Je[esoje 390 002Prof. C.C. Mehta Auditorium, General Education Centre, Maharaja Sayajirao University of Baroda Vadodara 390 002
yeQkeĆ¢ kesĆ¢ 31 ceeĆe&, 2009 keĆ¢es meceehle DeJeefOe kesĆ¢ leguevehe$e, 31 ceeĆe&, 2009 keĆ¢es meceehle Je<e& kesĆ¢ ueeYe SJeb neefve Keeles, yeQkeĆ¢ keĆ¢eĆeex SJeb ieefleefJeefOeĆeeW hej efveosMekeĆ¢ ceb[ue keĆ¢er efjheesÅ”& leLee leguevehe$e SJeb uesKeeW hej uesKee hejer#ekeĆ¢eW keĆ¢er efjheesÅ”& hej ĆeĆee&, FmekeĆ¢e Devegceesove SJeb mJeerkeĆ¢ej keĆ¢jvee leLee Je<e& 2008-09 kesĆ¢ efueS ueeYeebMe Ieesef<ele keĆ¢jvee.To discuss, approve and adopt the Balance Sheet of the Bank as at 31st March, 2009, Profit and Loss Account for the year ended 31st March, 2009, the report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditorsā Report on the Balance Sheet and Accounts and to declare Dividend for the year 2008ā 09.
14JeeR Jeee|<ekeĆ¢ meeceevĆe yew"keĆ¢14th Annual General Meeting
5 pegueeF&, 2010heĆele: 10.30 yepes5th July, 2010 At 10.30 a.m.
heĆes meer.meer.cesnlee. Dee@[erÅ”esefjĆece, pevejue SpĆetkesĆ¢Meve meWÅ”j, cenejepee meĆeepeerjeJe ĆetefveJee|meÅ”er Dee@]HeĆ¢ yeĆ[ewoe , Je[esoje 390 002Prof. C.C. Mehta Auditorium, General Education Centre, Maharaja Sayajirao University of Baroda Vadodara 390 002
yeQkeĆ¢ kesĆ¢ 31 ceeĆe&, 2010 keĆ¢es meceehle DeJeefOe kesĆ¢ leguevehe$e, 31 ceeĆe&, 2009 keĆ¢es meceehle Je<e& kesĆ¢ ueeYe SJeb neefve Keeles, yeQkeĆ¢ keĆ¢eĆeex SJeb ieefleefJeefOeĆeeW hej efveosMekeĆ¢ ceb[ue keĆ¢er efjheesÅ”& leLee leguevehe$e SJeb uesKeeW hej uesKee hejer#ekeĆ¢eW keĆ¢er efjheesÅ”& hej ĆeĆee&, FmekeĆ¢e Devegceesove SJeb mJeerkeĆ¢ej keĆ¢jvee leLee Je<e& 2009-10 kesĆ¢ efueS ueeYeebMe Ieesef<ele keĆ¢jvee.To discuss, approve and adopt the Balance Sheet of the Bank as at 31st March, 2010, Profit and Loss Account for the year ended 31st March, 2010, the report of the Board of Directors on the working and activities of the Bank for the period covered by the Accounts and the Auditorsā Report on the Balance Sheet and Accounts and to declare Dividend for the year 2009ā 10.
DemeeOeejCe meeceevĆe yew"keĆ¢Extra OrdinaryGeneral Meeting
29 ceeĆe&, 2011heĆele: 10.30 yepes29th March, 2011at 10.30 a.m.
heĆes meer.meer.cesnlee. Dee@[erÅ”esefjĆece, pevejue SpĆetkesĆ¢Meve meWÅ”j, cenejepee meĆeepeerjeJe ĆetefveJee|meÅ”er Dee@]HeĆ¢ yeĆ[ewoe , Je[esoje 390 002Prof. C.C. Mehta Auditorium, General Education Centre, Maharaja Sayajirao University of BarodaVadodara 390 002
mesyeer (hetbpeer efveie&ce SJeb heĆkeĆ¢Å”erkeĆ¢jCe DeeJeMĆekeĆ¢lee) efJeefveĆeceve, 2009 kesĆ¢ Devegmeej DeefOeceeveer DeeOeej hej Yeejle mejkeĆ¢ej keĆ¢es 2,72,79,579 FeqkeƤJeÅ”er MesĆej peejer keĆ¢jves Deewj DeeyebefÅ”le keĆ¢jves kesĆ¢ efueS MesĆej OeejkeĆ¢eW keĆ¢e Devegceesove uesvee.To seek approval of the shareholders for issuing and alloting 2,72,79,579 equity shares to Government of India on preferential basis in terms of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009.
Je<e& 2011-12 kesĆ¢ oewjeve iewj-keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢eW keĆ¢es efoĆee ieĆee yew"keĆ¢ menYeeefielee MegukeĆ¢ efJeJejCe efvecveefueefKele Devegmeej nw (hetCe&keĆ¢eefuekeĆ¢ efveosMekeĆ¢eW leLee Yeejle mejkeĆ¢ej leLee YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje veeefcele efveosMekeĆ¢ keĆ¢es efkeĆ¢meer heĆkeĆ¢ej keĆ¢e yew"keĆ¢ menYeeefielee MegukeĆ¢ osĆe veneR nw)
6. meeceevĆe meYee keĆ¢er yew"keWĆ¢ meeceevĆe meYee keĆ¢er iele leerve Je<eeX kesĆ¢ oewjeve DeeĆeesefpele yew"keĆ¢eW keĆ¢e efJeJejCe
efvecveevegmeej nw :
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yeQ"keĆ¢ keĆ¢e mJeĀ¤he Nature of Meeting
efoveebkeĆ¢ SJeb meceĆeDate & Time
mLeeve Venue
ĆeĆeespevePurpose
15 Jeer Jeee|<ekeĆ¢ meeceevĆe yew"keĆ¢ 15th Annual General Meeting
04 pegueeF&, 2011 heĆele: 10.30 yepes 04th July, 2011 at 10.30 a.m
mej meĆeepeerjeJe veiejie=n, Je[esoje ceneveiej mesJee meove, yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe Meleeyoer Je<e& (2007-2008) Å”er.heer-1, SHeĆ¢.heer. 549/1, peerF&yeer keĆ¢e@ueesveer kesĆ¢ heeme, Deesu[ heeoje jes[, DekeĆ¢esÅ”e, JeĆ[esoje ā 390 020Sir Sayajirao Nagargriha, Vadodara Mahanagar Seva Sadan, Bank o f Baroda Centenary Year (2007-2008) T.P.-1, F.P. 549/1, Near GEB Colony, Old Padra Road, Akota, Vadodara ā 390 020
yeQkeĆ¢ kesĆ¢ 31 ceeĆe&, 2011 keĆ¢es meceehle DeJeefOe kesĆ¢ leguevehe$e, 31 ceeĆe&, 2011 keĆ¢es meceehle Je<e& kesĆ¢ ueeYe SJeb neefve Keeles, yeQkeĆ¢ keĆ¢eĆeex SJeb ieefleefJeefOeĆeeW hej efveosMekeĆ¢ ceb[ue keĆ¢er efjheesÅ”& leLee leguevehe$e SJeb uesKeeW hej uesKee hejer#ekeĆ¢eW keĆ¢er efjheesÅ”& hej ĆeĆee&, FmekeĆ¢e Devegceesove SJeb mJeerkeĆ¢ej keĆ¢jvee leLee Je<e& 2010-11 kesĆ¢ efueS ueeYeebMe Ieesef<ele keĆ¢jvee.To discuss, approve and adopt the Balance Sheet of the Bank as at 31st March 2011, Profit and Loss Account for the year ended 31st March 2011 the report of the Board of Directors on the working and activities of the Bank for the period covered by the accounts and the Auditorās Report on the Balance Sheet and Accounts and to declare dividend for the year 2010-11.
DemeeOeejCe meeceevĆe yew"keĆ¢Extra Ordinary General Meeting
23 e fome b y ej, 2011 heĆele: 10.00 yepes23rd December, 2011 at 10.00 a.m
mej meĆeepeerjeJe veiejie=n, Je[esoje ceneveiej mesJee meove, yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe Meleeyoer Je<e& (2007-2008) Å”er.heer-1, SHeĆ¢.heer. 549/1, peerF&yeer keĆ¢e@ueesveer kesĆ¢ heeme, Deesu[ heeoje jes[, DekeĆ¢esÅ”e, JeĆ[esoje ā 390 020Sir Sayaji Rao Nagargriha, Vadodra Mahanagar Seva Sadan, Bank of Baroda Centenary Year (2007-2008) T.P.-1, F.P. 549/1, Near GEB Colony, Old Padra Road, Vadodaraā390020
mesyeer (hetbpeer efveie&ce SJeb heĆkeĆ¢Å”erkeĆ¢jCe DeeJeMĆekeĆ¢lee) efJeefveĆeceve, 2009 kesĆ¢ Devegmeej DeefOeceeveer DeeOeej hej Yeejle mejkeĆ¢ej keĆ¢es 775 keĆ¢jesĆ[ Ā®. kesĆ¢ FeqkeƤJeÅ”er MesĆej/JeejbÅ” peejer keĆ¢jves Deewj DeeyebefÅ”le keĆ¢jves kesĆ¢ efueS MesĆejOeejkeĆ¢eW keĆ¢e Devegceesove uesvee leLee yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9 (3) (DeeF&) SJeb yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe meeceevĆe (MesĆej SJeb yew"keĆ¢) efJeefveĆeceve, 1998 keĆ¢er Devegheeuevee ceW keWĆ¢Ćµ mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW ceW mes leerve MesĆejOeejkeĆ¢ efveosMekeĆ¢eW keĆ¢e efveJee&Ćeve keĆ¢jveeTo seek approval of the shareholders for issuing and to allot equity shares/warrants, aggregating to Rs.775 crores to Government of India on preferential basis in terms of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009 and to elect THREE Shareholder Directors of the Bank amongst shareholders, other than the Central Government, in terms of Section 9 (3) (i) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and Bank of Baroda General (Shares and Meetings) Regulations, 1998.
DemeeOeejCe meeceevĆe yew"keĆ¢ Extra Ordinary General Meeting
27ceeĆe&, 2012 heĆele: 10.00 yepes27th March, 2012 at 10.00 a.m
mej meĆeepeerjeJe veiejie=n, Je[esoje ceneveiej mesJee meove, yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe Meleeyoer Je<e& (2007-2008) Å”er.heer-1, SHeĆ¢.heer. 549/1, peerF&yeer keĆ¢e@ueesveer kesĆ¢ heeme, Deesu[ heeoje jes[, DekeĆ¢esÅ”e, JeĆ[esoje ā 390 020 Sir Sayaji Rao Nagargriha, Vadodra Mahanagar Seva Sadan, Bank of Baroda Centenary Year (2007-2008) T.P.-1, F.P. 549/1, Near GEB Colony, Old Padra Road, Vadodaraā390020
mesyeer hetbpeer efveie&ce SJeb heĆkeĆ¢Å”erkeĆ¢jCe DeeJeMĆekeĆ¢lee efJeefveĆeceve, 2009 kesĆ¢ Devegmeej DeefOeceeveer DeeOeej hej YeejleerĆe peerJeve yeercee efveiece keĆ¢es leLee/DeLeJee YeejleerĆe peerJeve yeercee efveiece keĆ¢er efJeefYeVe ĆeespeveeDeeW /cĆegĆegDeue HebĆ¢[eW kesĆ¢ efueS 1,95,77,304 FeqkeƤJeÅ”er MesĆej peejer keĆ¢jves Deewj DeeyebefÅ”le keĆ¢jves kesĆ¢ efueS MesĆejOeejkeĆ¢eW keĆ¢e Devegceesove heĆehle keĆ¢jvee.To seek approval of the shareholders for issuing and to allot upto 1,95,77,304 equity shares to Life Insurance Corporation of India and/or various Schemes of Life Insurance Corporation of India (LIC)/ Mutual Funds on preferential basis in terms of SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009.
7. Disclosures
a) The Related Party Transactions are disclosed in the Notes on Accounts.
b) No penalties and strictures have been imposed on the Bank by the Stock Exchange and /or SEBI for non-compliance of any law, guidelines and directives, on any matters related to capital markets, during the last three years.
7. HeĆkeĆ¢Å”erkeĆ¢jCe (keĆ¢) mebyebƦ heeÅ”ea mebJĆeJenejeW keĆ¢e heĆkeĆ¢Å”erkeĆ¢jCe KeeleeW hej efÅ”hheefCeĆeeb Meer<e&
kesĆ¢ Debleie&le efkeĆ¢Ćee ieĆee nw.
(Ke) yeQkeĆ¢ hej efheĆues leerve Je<eeX kesĆ¢ oewjeve hetbpeer yeepeej mes mecyeƦ efkeĆ¢meer Yeer ceeceues ceW efkeĆ¢meer Yeer efJeefveĆeecekeĆ¢ heĆeefOekeĆ¢ejer DeLee&led mÅ”e@keĆ¢ SkeƤmeĆeWpe Deewj/DeLeJee mesyeer Ćeje efkeĆ¢meer efveĆece, efveoxMeeW SJeb efoMee-efveoxMeeW keĆ¢e Devegheeueve ve keĆ¢jves kesĆ¢ efueS ve lees keĆ¢esF& ob[ ueieeĆee ieĆee nw Deewj ve ner efkeĆ¢meer heĆkeĆ¢ej keĆ¢er Yelme&vee keĆ¢er ieF& nw.
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c) Directors have disclosed that they have no relationship between directors inter se as on 31st March 2012.
8. Mandatory and non-Mandatory Requirements
The Bank has complied with all the applicable mandatory requirements as provided in Revised Clause 49 of the Listing Agreement entered into with the Stock Exchanges where Bankās shares are listed.
The extent of implementation of non-mandatory requirements is as under:
(ie) efveosMekeĆ¢eW ves metefĆele efkeĆ¢Ćee nw efkeĆ¢ 31 ceeĆe&, 2012 keĆ¢es efveosMekeĆ¢eW kesĆ¢ yeerĆe efkeĆ¢meer heĆkeĆ¢ej keĆ¢e heejmheeefjkeĆ¢ mebyebOe veneR nw.
8. DeefveJeeĆe& Deewj iewj-DeefveJeeĆe& DeeJeMĆekeĆ¢leeSb
yeQkeĆ¢ ves mÅ”e@keĆ¢ SkeƤmeĆeWpeeW, peneb yeQkeĆ¢ kesĆ¢ MesĆej metĆeeryeƦ nQ, kesĆ¢ meeLe efkeĆ¢S ieS metĆeerĆeve keĆ¢jej kesĆ¢ mebMeesefOele Keb[ 49 ceW ĆeLee GheyebefOele meYeer ueeiet DeefveJeeĆe& DeeJeMĆekeĆ¢leeDeeW keĆ¢e Devegheeueve efkeĆ¢Ćee nw.
iewj-DeefveJeeĆe& DeeJeMĆekeĆ¢leeDeeW kesĆ¢ keĆ¢eĆee&vJeĆeve keĆ¢er ceewpetoe eqmLeefle efvecveevegmeej nw :
āŗeĆ¢ce meb.Sr. No.
iewj-DeefveJeeĆe& DeeJeMĆekeĆ¢leeSbNon-mandatory requirements
keĆ¢eĆee&vJeĆeve keĆ¢er efmLeefleStatus of Implementation
1 DeOĆe#e kesĆ¢ keĆ¢eĆee&ueĆe keĆ¢e jKe-jKeeJe, iewj keĆ¢eĆe&heeuekeĆ¢ DeOĆe#e, kebĆ¢heveer kesĆ¢ KeĆe& hej keĆ¢jWies.Non-executive Chairman to maintain Chairmanās Office at companyās expense.
ueeiet veneR, keƤĆeeWefkeĆ¢ DeOĆe#e keĆ¢e heo keĆ¢eĆe&heeuekeĆ¢ keĆ¢e heo nw.Not Applicable, since the Chairmanās position is Executive.
2 efveosMekeĆ¢ ceb[ue SkeĆ¢ heeefjĆeefcekeĆ¢ meefceefle ieef"le keĆ¢jsiee pees keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢eW kesĆ¢ efueS efJeefMeĀ° heeefjĆeefcekeĆ¢ hewkesĆ¢pe mebyebOeer kebĆ¢heveer keĆ¢er heeefjĆeefcekeĆ¢ veerefle lewĆeej keĆ¢jsieer. Board to set-up a Remuneration Committee to formulate companyās remuneration policy on specific remuneration package for Executive Directors.
ueeiet veneR, keĆ¢eĆe&heeuekeĆ¢ efveosMekeĆ¢, Yeejle mejkeĆ¢ej Ćeje efveĆele Jesleve heĆehle keĆ¢jles nQ. leLeeefhe, keWĆ¢Ćµ mejkeĆ¢ej Ćeje peejer efoMee-efveoxMeeW kesĆ¢ DevegĀ¤he keĆ¢eĆe&efve<heeove menyeƦ heĆeslmeenve hej efJeĆeej keĆ¢jves kesĆ¢ efueS SkeĆ¢ heeefjĆeefcekeĆ¢ meefceefle keĆ¢eĆe&jle nw.Not applicable, as Executive Directors draw salary as fixed by the Government of India. However a Remuneration Committee is in operation to consider Performance Linked Incentive in terms of guidelines issued by the Central Government.
3 iele 6 ceen kesĆ¢ oewjeve cenlJehetCe& IeÅ”veeDeeW kesĆ¢ meejebMe meefnle efJeĆ²eerĆe keĆ¢eĆe&-efve<heeove keĆ¢er Ćceener Iees<eCeeHalf-yearly declaration of financial performance including summary of significant events in last six months to be sent to shareholders.
30.09.2011 keĆ¢es meceehle Ćceener kesĆ¢ efueS yeQkeĆ¢ ves iele 6 ceen kesĆ¢ oewjeve cenlJehetCe& IeÅ”veeDeeW kesĆ¢ meejebMe meefnle efJeĆ²eerĆe keĆ¢eĆe&-efve<heeove keĆ¢e Ćceener heefjCeece heĆlĆeskeĆ¢ MesĆejOeejkeĆ¢ keĆ¢es Yespe efoĆee nw. FmekesĆ¢ DeefleefjĆ²eĆ¢ yeQkeĆ¢ kesĆ¢ efJeĆ²eerĆe heefjCeece yeQkeĆ¢ keĆ¢er JesyemeeFÅ” hej [eues peeles nQ.The Bank has sent half-yearly financial results for the half year ended 30.09.2011 including summary of significant developments during last six months to each shareholder. Besides the financial results are posted on Bankās website.
4 kebĆ¢heveer keĆ¢es DevekeƤJeeefueHeĆ¢eF[ efJeĆ²eerĆe efJeJejefCeĆeeW keĆ¢er JĆeJemLee keĆ¢es Deheveevee ĆeeefnS.
Company may move towards regime of unqualified financial statements.
yeQkeĆ¢ ves DevekeƤJeeefueHeĆ¢eF[ efJeĆ²eerĆe efJeJejefCeĆeeW keĆ¢er Deesj DeieĆmej nesves kesĆ¢ efueS keĆ¢F& keĆ¢oce G"eS nw.
The Bank has initiated steps for moving towards achieving unqualified financial statements.
5 kebĆ¢heveer efveosMekeĆ¢ ceb[ue kesĆ¢ meomĆeeW keĆ¢es efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efpeccesoejer Jenve Deewj GvekeĆ¢e meJeexĆ²ece {bie mes efveJe&nve keĆ¢jves kesĆ¢ efueS kebĆ¢heveer kesĆ¢ JĆeeJemeeefĆekeĆ¢ cee@[ue ces heĆefMeef#ele keĆ¢jves kesĆ¢ meeLe-meeLe kebĆ¢heveer kesĆ¢ JĆeeJemeeefĆekeĆ¢ ceeveob[eW keĆ¢er peesefKece heĆesHeĆ¢eFue kesĆ¢ yeejs ceW heĆefMeef#ele keĆ¢jW.Company may train Board Members in the Business Model of the Company as well as risk profile of the business parameters of the company, the responsibilities as Director and the best way to discharge them.
efveosMekeĆ¢ ceb[ue Ćeje DeheveeS ieS JĆeeJemeeefĆekeĆ¢ cee@[ue Deewj peesefKece heĆesHeĆ¢eFue kesĆ¢ meeLe-meeLe DeeĆeej mebefnlee keĆ¢er mebhetCe& peevekeĆ¢ejer yees[& kesĆ¢ heĆlĆeskeĆ¢ meomĆe keĆ¢es mebheĆsef<ele keĆ¢er ieF& nw. yeQkeĆ¢ S[Jeebme[d HeĆ¢eFvesefMeĆeue uee|veie nsleg efveosMekeĆ¢eW keĆ¢es YeejleerĆe efj]peJe& yeQkeĆ¢, cegbyeF& keWĆ¢Ćµ hej heĆefMe#eCe nsleg veeefcele keĆ¢jvee nw.A complete overview of the Business Model and risk profile along with Code of Conduct adopted by the Board of Directors has been communicated to each member of the Board. The Bank nominates Directors for training at Centre for Advanced Financial Learning of RBI, Mumbai.
6 efveosMekeĆ¢ ceb[ue kesĆ¢ DevĆe meomĆeeW Ćeje iewj-keĆ¢eĆe&heeuekeĆ¢ efveosMekeĆ¢eW kesĆ¢ keĆ¢eĆe&-efve<heeove keĆ¢e cetuĆeebkeĆ¢ve Deewj iewj-keĆ¢eĆe&heeuekeĆ¢ efveosMekeĆ¢eW kesĆ¢ efveosMekeĆ¢ heo hej yeves jnves Ćee DevĆeLee efveCe&Će uesvee.
YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW kesĆ¢ DevegĀ¤he SkeĆ¢ veeceebkeĆ¢ve meefceefle keĆ¢e ie"ve efkeĆ¢Ćee ieĆee nw leLee ĆeĆeefvele /veeefcele efveosMekeĆ¢eW hej yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9 (3) (DeeF&) kesĆ¢ DeOeerve efHeĆ¢Å” SC[ heĆe@hej efoMee-efveoxMe ueeiet nesles nw.
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9. Means of Communication
The Bank recognizes the need for keeping its members and stakeholders informed of the events of their interests through present advanced information technology and means of communication.
The financial results of the Bank are submitted to the stock exchanges, where the securities of the Bank are listed, immediately after the conclusion of the Board Meeting approving the same. The results are also published in minimum two or more newspapers, one circulating in the whole or substantially the whole of India and the other circulating in the state of Gujarat where the Head Office of the Bank is situated. The Bank furnishes results to the Shareholders on Half Yearly basis. The Bank also organizes analystsā-meets, press conferences, etc. for announcing Bankās financial results and its future plans.
The Quarterly / Year to Date / Annual Financial Results of the Bank as well as the copy of presentation made to Analysts and other official news are posted on the Bankās Website ā http://www.bankofbaroda.com. The web cast (live and archived) of presentation made to Analystsā Meet is made accessible from links uploaded in the website.
Green initiative under Corporate Governance.
a. the shareholders having shares in physical form are requested to register their e-mail ids with us or our Registrars, at the address given elsewhere in this report, to enable us to serve any document, notice, communication, annual reports etc. through e-mail.
b. the shareholders holding shares in Demat form are requested to register their e-mail ID with their respective Depository Participant for the above purpose.
10. transparency & Compliance Officer
Further following additional functions also enhance Bankās commitment to more & more disclosures and compliance under corporate Governance mechanism of our Bank.
10.1 transparency Officer
As per the directions of Central Information Commissioner (CIC), Bank has appointed one of the Senior Officer as
9. mebheĆs<eCe kesĆ¢ meeOeve
yeQkeĆ¢, ceewpetoe efJekeĆ¢efmele metĆevee heĆewĆ eesefiekeĆ¢er SJeb mebĆeej kesĆ¢ meeOeveeW kesĆ¢ ceeOĆece mes Deheves meomĆeeW Deewj efnleOeejkeĆ¢eW keĆ¢es GvekesĆ¢ efnleeW mes mebyeƦ peevekeĆ¢eefjĆeeW kesĆ¢ yeejs ceW metefĆele keĆ¢jves keĆ¢er DeeJeMĆekeĆ¢lee mecePelee nw.
yeQkeĆ¢ kesĆ¢ efJeĆ²eerĆe heefjCeeceeW keĆ¢es efveosMekeĆ¢ ceb[ue keĆ¢er yew"keĆ¢ ceW GvekesĆ¢ Devegceesove kesĆ¢ heĀ§eele yew"keĆ¢ keĆ¢er meceeeqhle hej lelkeĆ¢eue Gve mÅ”e@keĆ¢ SkeƤmeĆeWpeeW keĆ¢es heĆmlegle efkeĆ¢Ćee peelee nw peneb hej yeQkeĆ¢ keĆ¢er heĆefleYetefleĆeeb metĆeeryeƦ nQ. Ćes heefjCeece oes Ćee DeefOekeĆ¢ meceeĆeej he$eeW ceW Yeer heĆkeĆ¢eefMele keĆ¢jJeeS peeles nQ efpeveceW mes SkeĆ¢ Ssmee meceeĆeej he$e neslee nw efpemekeĆ¢e heĆmeej hetjs Yeejle ceW nes Deewj otmeje meceeĆeej he$e Ssmee neslee nw efpemekeĆ¢e heĆmeej iegpejele jepĆe ceW nes, peneb yeQkeĆ¢ keĆ¢e heĆOeeve keĆ¢eĆee&ueĆe eqmLele nw. yeQkeĆ¢ Ćceener DeeOeej hej Deheves MesĆejOeejkeĆ¢eW keĆ¢es heefjCeeceeW keĆ¢er heĆefle heĆsef<ele keĆ¢jlee nw. yeQkeĆ¢ Deheves efJeĆ²eerĆe heefjCeeceeW leLee YeeJeer ĆeespeveeDeeW keĆ¢er Iees<eCee keĆ¢jves kesĆ¢ efueS SvesefuemÅ” yew"keWĆ¢, heĆsme keĆ¢ebHeĆsĆ¢me FlĆeeefo Yeer DeeĆeesefpele keĆ¢jlee nw.
yeQkeĆ¢ kesĆ¢ efleceener/FĆej Å”t [sÅ”/Jeee|<ekeĆ¢ efJeĆ²eerĆe heefjCeeceeW kesĆ¢ meeLe-meeLe SvesefuemÅ” keĆ¢es efoS ieS heĆspeWÅ”sMeve keĆ¢er heĆefle leLee DevĆe DeeefOekeĆ¢eefjkeĆ¢ meceeĆeej yeQkeĆ¢ keĆ¢er JesyemeeFÅ” http://www.bankofbaroda.com. hej GheueyOe jnles nQ. SvesefuemÅ” yew"keĆ¢ ceW keĆ¢er ieF& heĆmlegefle kesĆ¢ JesyekeĆ¢emÅ” (meerOee heĆmeejCe Deewj mebie=nerle) keĆ¢e osKeves nsleg JesyemeeFÅ” ceW eEuekeĆ¢ GheueyOe keĆ¢jeĆee peelee nw.
keĆ¢eheexjsÅ” ieJeveXme kesĆ¢ lenle heĆee&JejCe GheeĆe
keĆ¢. meYeer MesĆejOeejkeĆ¢eW efpevekesĆ¢ heeme MesĆej YeeweflekeĆ¢ Ā¤he ceW nQ, mes DevegjesOe nw efkeĆ¢ Jes Deheves F&-cesue DeeF&[er nceejs heeme Ćee nceejs jefpemÅ”^ej kesĆ¢ heeme efpemekeĆ¢e helee Fme efjheesÅ”& DevĆe$e efoĆee ieĆee nw, kesĆ¢ heeme hebpeerke=Ć¢le keĆ¢jJee oW leeefkeĆ¢ nce omleeJespe, veesefÅ”me, mebĆes<eCe, Jeeef<e&keĆ¢ efjheesÅ”& Deeefo F&-cesue kesĆ¢ ceeOĆece mes Yespe mekeWĆ¢.
Ke. Jes MesĆejOeejkeĆ¢ efpevekesĆ¢ heeme MesĆej DeYeeweflekeĆ¢ Ā¤he ceW nQ, Gvemes DevegjesOe nw efkeĆ¢ Jes GheĆeg&Ć²eĆ¢ ĆeĆeespeve kesĆ¢ efueS Deheves F&-cesue DeeF&[er mebyebefOele ef[heespeerÅ”jer ĆeefleYeeieer kesĆ¢ heeme hebpeerke=Ć¢le keĆ¢jJee oW.
10. heejoe|Melee Deewj Devegheeueve DeefOekeĆ¢ejer efvecveefueefKele DeefleefjĆ²eĆ¢ keĆ¢eĆe& nceejs yeQkeĆ¢ kesĆ¢ keĆ¢eheexjsÅ” ceskesĆ¢efve]pce kesĆ¢ Debleie&le
DeefOekeĆ¢ mes DeefOekeĆ¢ heĆkeĆ¢Å”erkeĆ¢jCe SJeb Devegheeueve kesĆ¢ heĆefle yeQkeĆ¢ keĆ¢er heĆefleyeƦlee keĆ¢es Deewj Yeer JĆeehekeĆ¢ yeveeles nQ:
10.1 heejoe|Melee DeefOekeĆ¢ejer kesĆ¢vƵerĆe metĆevee DeeĆegĆ²eĆ¢ (meerDeeF&meer) kesĆ¢ efveosMeeW kesĆ¢ Devegmeej yeQkeĆ¢ ves HeĆ¢jJejer
2011 mes Deheves SkeĆ¢ Jeefjā¦ DeefOekeĆ¢ejer keĆ¢es heejoe|Melee DeefOekeĆ¢ejer kesĆ¢ Ā¤he ceW
āŗeĆ¢ce meb.Sr. No.
iewj-DeefveJeeĆe& DeeJeMĆekeĆ¢leeSbNon-mandatory requirements
keĆ¢eĆee&vJeĆeve keĆ¢er efmLeefleStatus of Implementation
The evaluation of performance of non-executive Directors by other members of the Board and to decide to continue or otherwise of the Directorship of the non-executive Directors.
A Nomination Committee has been constituted in terms of Reserve Bank of India Guidelines and the elected directors under clause 9(3)(i) of The Banking Companies (Acquisition & Transfer of Undertakings) Act, 1970 are subject to determination of fit & proper status.
7 kebĆ¢heveer DeveweflekeĆ¢ JĆeJenej, JeemleefJekeĆ¢ DeLeJee mebosnemheo OeesKee-OeĆ[er Deeefo kesĆ¢ meboYe& ceW heĆyebOeve keĆ¢er eEĆeleeDeeW kesĆ¢ yeejs ceW efjheesÅ”& keĆ¢jves kesĆ¢ efueS hetJe& mebkesĆ¢le osves Jeeueer (efyemeue yueesDej) veerefle yeveeS. The Company to establish the Whistle Blower Policy for reporting management concerns about unethical behaviors, actual or suspected fraud, etc.
yeQkeĆ¢ keĆ¢es DeYeer DeebleefjkeĆ¢ efyemeue yueesDej hee@efuemeer mLeeefhele keĆ¢jveer nw.Bank is yet to establish the internal Whistle Blower Policy.
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Transparency Officer since February 2011. The Transparency Officer is responsible for the following.
to oversee the implementation of the Section 4 of Right To information (RTI) Act detailing obligation by public authorities , and to apprise the top management of its progress.
To be the interface for the CIC regarding the progress in implementation of RTI Act.
Help promote congenial conditions for positive and timely response to RTI-request by Central Public Information Officers (CPIOs), deemed-CPIOs.
To be a contact point for the public in all RTI-related matters.
The bank has uploaded all the information as directed in the specified format on website and this information is updated from time to time.
10.2 Compliance Function
The compliance department is set up since 2007 as per RBI directions. The department is ensuring strict observance of all statutory provisions contained in various legislations such as Banking Regulation Act, Reserve Bank of India Act, Foreign Exchange Management Act, Prevention of Money Laundering Act etc. as well as to ensure observance of other regulatory guidelines issued from time to time; standards and codes prescribed by Banking Codes & Standards Board of India, IBA, Foreign Exchange Dealers Association of India (FEDAI), Fixed Income Money Market Derivatives Association of India (FIMMDA), KYC Norms/ Guidelines and also each bank's internal policies and fair practices code. Compliance laws, rules and standards generally cover matters such as observing proper standards of market conduct, managing conflicts of interest, treating customers fairly, and ensuring the suitability of customer advice.
11. ShAREhOLDERSā inFORMAtiOn
The Bankās shares are listed on the following major Stock Exchanges in India:
Bombay Stock Exchange Ltd.,Phiroze Jeejeebhoy Towers25th Floor, Dalal StreetFort, Mumbai - 400 001BSE CODE : 532134
National Stock Exchange of India Ltd.,āExchange PlazaāBandra Kurla Complex,Bandra,(East), Mumbai - 400 051NSE CODE : BANKBARODA
The annual listing fees in respect of all the securities listed with the exchange(s) have been paid till date.
efveĆegĆ²eĆ¢ efkeĆ¢Ćee nw. Ćen heejoe|Melee DeefOekeĆ¢ejer efvecveefueefKele kesĆ¢ efueS GĆ²ejoeĆeer nesiee:
ā¢ ueeskeĆ¢ heĆeefOekeĆ¢eefjĆeeW kesĆ¢ yĆeewjs mes mebyeƦ metĆevee DeefOekeĆ¢ej (DeejÅ”erDeeF&) DeefOeefveĆece keĆ¢er Oeeje 4 kesĆ¢ Devegheeueve keĆ¢er eqmLeefle keĆ¢er mebJeer#ee keĆ¢jvee Deewj GmeceW ngF& heĆieefle mes GĆĆe heĆyebOeve keĆ¢es DeJeiele keĆ¢jevee.
ā¢ DeejÅ”erDeeF& DeefOeefveĆece kesĆ¢ Devegheeueve ceW heĆieefle kesĆ¢ efJe<eĆe ceW meerDeeF&meer kesĆ¢ efueS FbÅ”jHesĆ¢me kesĆ¢ Ā¤he ceW keĆ¢eĆe& keĆ¢jvee.
ā¢ kesĆ¢vƵerĆe ueeskeĆ¢ metĆevee DeefOekeĆ¢ejer (meerheerDeeF&Dees), keWĆ¢ĆµerĆe ueeskeĆ¢ metĆevee DeefOekeĆ¢eefjĆeeW (meerheerDeeF&Dees) Ćeje efkeĆ¢S ieS DeejÅ”erDeeF& DevegjesOeeW kesĆ¢ mebyebOe ceW mekeĆ¢ejelcekeĆ¢ Deewj meceĆe hej GĆ²ej osves nsleg DevegketĆ¢ue heefjeqmLeefleĆeeb efvee|cele keĆ¢jves nsleg heĆeslmeeefnle keĆ¢jves kesĆ¢ efueS menĆeesie heĆoeve keĆ¢jvee.
ā¢ DeejÅ”erDeeF& mes mebyeƦ meYeer ceeceueeW ceW pevelee kesĆ¢ efueS SkeĆ¢ mebheke&Ć¢ eEyeog yevevee.
yeQkeĆ¢ ves efveosMeevegmeej efveOee&efjle heĆeĀ¤he ceW mecemle peevekeĆ¢ejer Jesye meeFÅ” hej Dehe-uees[ keĆ¢er ieF& nw Deewj Ćen peevekeĆ¢ejer meceĆe- meceĆe hej DeĆ eleve keĆ¢er peeleer nw.
10.2 Devegheeueve mebyebOeer keĆ¢eĆe&
YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efveosMeeW kesĆ¢ Devegmeej 2007 mes Devegheeueve efJeYeeie keĆ¢er mLeehevee keĆ¢er ieF& nw. Ćen efJeYeeie efJeefYeVe efJeOeeĆeer mebmLeeDeeW pewmes yeQkeĆ¢keĆ¢ejer efJeefveĆeceve DeefOeefveĆece, YeejleerĆe efj]peJe& yeQkeĆ¢ DeefOeefveĆece, efJeosMeer cegƵe heĆyebOeve DeefOeefveĆece, Oeve MeesOeve efveJeejCe DeefOeefveĆece Deeefo ceW GequueefKele efJeefJeOe meebefJeefOekeĆ¢ heĆeJeOeeveeW keĆ¢e keĆ¢Ć[e Devegheeueve megefveeqĀ§ele keĆ¢jlee nw, meeLe ner, meceĆe meceĆe hej peejer efkeĆ¢S ieS DevĆe efveĆeb$ekeĆ¢ efoMeeefveoxMeeW, YeejleerĆe yeQeEkeĆ¢ie mebefnlee SJeb ceevekeĆ¢ yees[& Ćeje efveOee&efjle efkeĆ¢S ieS ceevekeĆ¢eW SJeb mebefnleeDeeW, YeejleerĆe yeQkeĆ¢ mebIe, YeejleerĆe efJeosMeer cegƵe JĆeeheejer mebIe (HesĆ¢oeF&), efHeĆ¢keƤm[ FvekeĆ¢ce ceveer ceekexĆ¢Å” [sjerFJesÅ”erJ]pe SmeesefmeSMeve Dee@HeĆ¢ Fbef[Ćee (SHeĆ¢DeeF&SceSce[erS). kesĆ¢JeeĆemeer ceeveob[eW/efoMeeefveoxMeeW keĆ¢e leLee heĆlĆeskeĆ¢ yeQkeĆ¢ keĆ¢er DeebleefjkeĆ¢ veerefleĆeeW SJeb GefĆele JĆeJenej mebefnlee keĆ¢e Yeer Devegheeueve megefveeqĀ§ele keĆ¢jlee nw. Devegheeueve keĆ¢evetveeW, efveĆeceeW SJeb ceevekeĆ¢eW ceW meeceevĆeleĆee yee]peej JĆeJenejeW kesĆ¢ mecegefĆele ceevekeĆ¢eW keĆ¢e Devegheeueve, hejmhej celeYesoeW keĆ¢es meguePeeles ngS efnleeW keĆ¢er megj#ee, ieĆenkeĆ¢eW mes mecegefĆele JĆeJenej keĆ¢jvee SJeb ieĆenkeĆ¢ hejeceMe& keĆ¢er mecegefĆelelee megefveeqĀ§ele keĆ¢jves pewmes ceeceueeW keĆ¢e meceeJesMe neslee nw.
11. MesĆejOeejkeĆ¢eW mes mebyeƦ metĆevee
yeQkeĆ¢ kesĆ¢ MesĆej Yeejle ceW efvecveefueefKele heĆcegKe mÅ”e@keĆ¢ SkeƤmeĆeWpeeW ceW metĆeeryeƦ nQ-
yee@cyes mÅ”e@keĆ¢ SkeƤmeĆeWpe efueefceÅ”s[ efHeĆ¢jespe peerpeerYeeF& Å”eJeme&, 25Jeeb leue, oueeue mÅ”^erÅ”, HeĆ¢esÅ”&, cegbyeF& 400 001yeerSmeF& keĆ¢es[ : 532134
vesMeveue mÅ”e@keĆ¢ SkeƤmeĆeWpe Dee@HeĆ¢ Fbef[Ćee efue. āSkeƤmeĆeWpe hueepeeā yeebƵe-kegĆ¢uee& keĆ¢e@chueskeƤme,yeebƵe (hetJe&), cegbyeF& - 400 051SveSmeF& keĆ¢es[ : BANKBARODA
SkeĆ¢meĆeWpeeW ceW metĆeeryeƦ meYeer heĆefleYetefleĆeeW kesĆ¢ mebyebOe ceW Deye lekeĆ¢ kesĆ¢ Jeee|<ekeĆ¢ metĆeerĆeve MegukeĆ¢ keĆ¢e Yegieleeve keĆ¢j efoĆee ieĆee nw.
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11.1: Dematerialization of Securities
The shares of the Bank are under compulsory demat list of SEBI and the Bank has entered in to Agreements with National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) for dematerialization of Bankās shares. Shareholders can get their shares dematerialized with either NSDL or CDSL.
As on March 31, 2012 the Bank has following number of Equity Shares in physical and dematerialized form, as per the detail given below.
11.1. heĆefleYetefleĆeeW keĆ¢e De-YeeweflekeĆ¢erkeĆ¢jCe
yeQkeĆ¢ kesĆ¢ MesĆej mesyeer keĆ¢er DeefveJeeĆe& DeYeeweflekeĆ¢ metĆeer kesĆ¢ Debleie&le Deeles nQ Deewj yeQkeĆ¢ ves Deheves MesĆejeW kesĆ¢ DeYeeweflekeĆ¢erkeĆ¢jCe kesĆ¢ efueS vesMeveue efmekeƤĆeesefjÅ”er ef[heesefpeÅ”jer efue. (SveSme[erSue) leLee meWÅ”^ue ef[hee@efpeÅ”jer mee|Jemespe (Fbef[Ćee) efue.(meer[erSmeSue) kesĆ¢ meeLe keĆ¢jej efkeĆ¢Ćee nw. MesĆejOeejkeĆ¢ SveSme[erSue DeLeJee meer[erSmeSue kesĆ¢ heeme Deheves MesĆejeW keĆ¢es DeYeeweflekeĆ¢erke=Ć¢le keĆ¢jJee mekeĆ¢les nQ.
31 ceeĆe&, 2012 keĆ¢es yeQkeĆ¢ kesĆ¢ heeme FeqkeƤJeÅ”er MesĆej efvecveevegmeej heĆlĆe#e SJeb De-YeeweflekeĆ¢ Ā¤he ceW Oeeefjle nQ, efpevekeĆ¢e yĆeewje efvecveevegmeej nw ā
Oeeefjlee keĆ¢e mJeĀ®he Nature of Holding ceeceues / Cases MesĆej / Shares ĆøeefleMele / Percentage
YeeweflekeĆ¢ Physical 51955 27735894 6.75
SveSme[erue (DeYeeweflekeĆ¢erke=Ć¢le) NSDL (Dematerialized) 88622 154952366 37.69
meer[erSmeSue (DeYeeweflekeĆ¢erke=Ć¢le) CDSL (Dematerialized) 34287 228435123 55.56
kegĆ¢ue Total 174864 411123383 100.00
The Bank had forfeited 27,38,300 equity share in the year 2003 and out of the same 4800 equity shares were annulled up to 31st March 2012.
11.2: Electronic Clearing Services (ECS)
Electronic Clearing Services (ECS) is a modern method of payment where the amounts of dividend/interest etc., are directly credited to the bank accounts of the Investors concerned. The Bank has offered the services to the shareholders with an option to avail the facility at all the centers covered by Reserve Bank of India under its National ECS/ ECS facility.
The ECS mandate form is appended with the Annual Report.
11.3 Share Transfer System and Redressal of Investorsā Grievances
The Bank ensures that all transfers of Shares are duly affected within a period of one month from the date of their lodgment. The Board has constituted Shareholdersā/Investorsā Grievances Committee to monitor and review the progress in redressal of general shareholdersā and investorsā grievances and Shares Transfer Committee to consider transfer of Shares and Bonds and other related matters. The Committees meet at regular intervals and review the status of Investors' Grievances.
The Bank has appointed M/s. Karvy Computershare Private Limited as its Registrars and Transfer Agent with a mandate to process transfer of Shares / Bonds, dividend / interest payments, recording of Shareholdersā requests, solution of investorsā grievances amongst other activities connected with the issue of Shares / Bonds. The Investors may lodge their transfer deeds / requests / complaints with the Registrars at following address:
M/S Karvy Computershare Private Limited(Unit: Bank of Baroda)Plot No.17 to 24, Near Image Hospital Vittalrao Nagar, MadhapurHyderabad - 500 081
yeQkeĆ¢ Ćeje Je<e& 2003 ceW 27,38,300 FeqkeƤJeÅ”er MesĆej peyle efkeĆ¢S ieS efpeveceW mes 31 ceeĆe&, 2012 lekeĆ¢ 4,800 FeqkeƤJeÅ”er MesĆej (SvĆetuue[) DeefYeMetvĆe efkeĆ¢S ieS.
11.2: FueskeĆ¤Å”^e@efvekeĆ¢ meceeMeesOeve mesJeeSb (F&meerSme)
FueskeĆ¤Å”^e@efvekeĆ¢ meceeMeesOeve mesJeeSb (F&meerSme) Yegieleeve keĆ¢e SkeĆ¢ DeeOegefvekeĆ¢ lejerkeĆ¢e nw efpemeceW ueeYeebMe /yĆeepe FlĆeeefo keĆ¢er jeefMeĆeeb mebyebefOele efveJesMekeĆ¢eW kesĆ¢ yeQkeĆ¢ Keeles ceW meerOes ner pecee keĆ¢j oer peeleer nQ. yeQkeĆ¢ ves Deheves MesĆejOeejkeĆ¢eW keĆ¢es YeejleerĆe efj]peJe& yeQkeĆ¢ keĆ¢er vesMeveue F&meerSme/F&meerSme megefJeOee kesĆ¢ lenle keĆ¢Jej meYeer keWĆ¢ĆµeW hej GheueyOe Fme megefJeOee keĆ¢e Fmlesceeue keĆ¢jves kesĆ¢ efJekeĆ¢uhe kesĆ¢ meeLe mesJeeSb hesMe keĆ¢er nQ.
F&meerSme ceW[sÅ” heĆhe$e Jeee|<ekeĆ¢ efjheesÅ”& kesĆ¢ meeLe mebueive nw.
11.3: MesĆej DeblejCe heĆCeeueer leLee efveJesMekeĆ¢eW keĆ¢er efMekeĆ¢eĆeleeW keĆ¢e efveJeejCe
yeQkeĆ¢ megefveeqĀ§ele keĆ¢jlee nw efkeĆ¢ MesĆejeW keĆ¢e DeblejCe mebyebOeer mecemle keĆ¢eĆe& GvekeĆ¢er heĆmlegefle keĆ¢er leejerKe mes SkeĆ¢ ceen kesĆ¢ Yeerlej efJeefOeJeled Ā¤he mes mebheVe nes peeS. yees[& ves MesĆejeW Deewj yeeb[eW kesĆ¢ DeblejCe leLee DevĆe mebyeƦ ceeceueeW hej efJeĆeej keĆ¢jves kesĆ¢ efueS MesĆejOeejkeĆ¢/efveJesMekeĆ¢ efMekeĆ¢eĆele meefceefle Deewj MesĆej DeblejCe meefceefle ieef"le keĆ¢er nw. Ćes meefceefleĆeeb efveĆeefcele Deblejeue hej yew"keĆ¢ DeeĆeesefpele keĆ¢jleer nQ Deewj efveJesMekeĆ¢-efMekeĆ¢eĆeleeW keĆ¢er eqmLeefle keĆ¢er meceer#ee keĆ¢jleer nQ.
yeQkeĆ¢ ves ceQ.keĆ¢eJeea kebĆ¢hĆetÅ”jMesĆej heĆe.efue.keĆ¢es Deheves jefpemÅ”^ej Deewj DeblejCe SpeWÅ” kesĆ¢ Ā¤he ceW efveĆegĆ²eĆ¢ efkeĆ¢Ćee nw efpemekeĆ¢e keĆ¢eĆe& MesĆej /yeeb[ DeblejCe, ueeYeebMe/yĆeepe Yegieleeve keĆ¢es heĆe@mesme keĆ¢jvee, MesĆejOeejkeĆ¢eW kesĆ¢ DevegjesOe ope& keĆ¢jvee, efveJesMekeĆ¢eW keĆ¢er efMekeĆ¢eĆeleeW keĆ¢e meceeOeeve leLee MesĆej/yeeb[ peejer keĆ¢jves mebyebOeer DevĆe ieefleefJeefOeĆeeW /keĆ¢eĆeeX keĆ¢es megefveeqĀ§ele keĆ¢jvee nw. efveJesMekeĆ¢ Deheves DeblejCe efJeuesKe/DevegjesOe/efMekeĆ¢eĆeleW efvecve heles hej jefpemÅ”^ej keĆ¢es efYepeJee mekeĆ¢les nQ.
ceQ. keĆ¢eJeea kebĆ¢hĆetÅ”jMesĆej heĆe.efue. (ĆetefveÅ”: yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe) huee@Å” veb.17 mes 24, Fcespe Demheleeue kesĆ¢ heeme efJeĆŗuejeJe veiej, ceeOeehegj nwojeyeeo - 500 081
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Phone: (040) 23420815 to 820, Fax: (040) 23420814 E Mail: [email protected]
The Bank has also established Investors' Services Department, headed by the Company Secretary at Corporate Office, Mumbai wherein shareholders can mail their requests / complaints for resolution at the address given below. They can also send their complaints/requests at the address given below at Head Office, Vadodara:
Bank of BarodaInvestorsā Services Department1st Floor, Baroda Corporate CentreC-26, G-Block, Bandra-Kurla ComplexBandra (East), Mumbai ā 400 051Telephone : (022) 66985000, 6698 5846Fax : (022) 2652 6660E ā mail : [email protected] (The aforesaid e-mail ID is exclusively designated for investors' complaints pursuant to Clause 47(F) of the listing agreement with Stock Exchanges)
Bank of BarodaChief Manager,Customer Service,8th Floor, Suraj Plaza ā I, Sayajiganj, Vadodara 390 005Telephone : 0265 ā 2361724Fax No. : 0265 ā 2361824Eāmail: [email protected]
12. CORPORAtE GOVERnAnCE RAtinG
Bank of Baroda is the first Public Sector Bank having been assigned a rating to its Corporate Governance Practices by ICRA Limited. The ICRA had assigned the rating of āCGR2ā (pronounced as CGR 2) in July 2004, which has been reaffirmed in February 2006, September 2007, April 2010 and March 2011 respectively. On a rating scale of CGR1 to CGR6 where CGR1 denotes the highest rating. The CGR2 rating implies that in ICRAās current opinion, the Bank has adopted and follows such practices, convention and codes as would provide its financial stakeholders including the depositors, a high level of assurance on the quality of Corporate Governance. The rating reflects Bankās transparent ownership structure, well-defined executive management structure, satisfactory risk management practices, transparency in appointment and functioning of the Board and Senior Management and an elaborate audit function, carried out both by its Inspection Division and independent audit firms.
13. Financial Calendar
Financial Year 1st April, 2011 to 31st March, 2012
HeĆ¢esve: (040) 23420815 mes 820, HewĆ¢keƤme: (040) 23420814 F&-cesue : [email protected]
yeQkeĆ¢ ves efveJesMekeĆ¢ mesJeeSb efJeYeeie keĆ¢er mLeehevee keĆ¢eheexjsÅ” keĆ¢eĆee&ueĆe, cegbyeF& ceW Yeer keĆ¢er nw, efpemekesĆ¢ heĆYeejer kebĆ¢heveer meefĆeJe nQ. peneb MesĆejOeejkeĆ¢ Deheves DevegjesOeeW /efMekeĆ¢eĆelees keĆ¢es meceeOeeve nsleg efvecveefueefKele heles hej Yespe mekeĆ¢les nQ. Jes Deheveer efMekeĆ¢eĆeleW /DevegjesOe heĆOeeve keĆ¢eĆee&ueĆe, Je[esoje keĆ¢es efvecveefueefKele heles hej Yeer Yespe mekeĆ¢les nQ-
yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe
efveJesMekeĆ¢, mesJee efJeYeeie heĆLece leue, yeĆ[ewoe keĆ¢eheexjsÅ” meWÅ”j
meer-26, peer-yuee@keĆ¢, yeebƵe-kegĆ¢uee& keĆ¢e@chueskeƤme
yeebƵe (hetJe&), cegbyeF& ā 400 051
Å”sueerHeĆ¢esve : (022) 66985000, 6698 5846
HewĆ¢keƤme : (022) 2652 6660
F&-cesue : [email protected] (GĆ²eĆ¢ F&-cesue DeeF&[er efJeMes<e Ā¤he mes mÅ”e@keĆ¢ SkeƤmeĆeWpeeW kesĆ¢ meeLe metĆeeryeƦ nesves kesĆ¢ keĆ¢jej kesĆ¢ Keb[ 47(SHeĆ¢) kesĆ¢ DevegmejCe ceW efveJesMekeĆ¢eW keĆ¢er efMekeĆ¢eĆeleeW nsleg yeveeĆee ieĆee nw)
yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe
cegKĆe heĆyebOekeĆ¢
ieĆenkeĆ¢ mesJee Dee"Jeeb leue, metjpe hueepee ā I, meĆeepeeriebpe,
JeĆ[esoje 390 005
Å”sueerHeĆ¢esve : 0265 ā 2361724
HewĆ¢keƤme veb. : 0265 ā 2361824
F&-cesue: [email protected]
12. keĆ¢eheexjsÅ” ieJevexme jseEÅ”ie
yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe henuee Ssmee meeJe&peefvekeĆ¢ #es$e keĆ¢e yeQkeĆ¢ nw efpemes jseEÅ”ie SpeWvmeer, DeeF&meerDeejS efue. Ćeje yeQkeĆ¢ keĆ¢er keĆ¢eheexjsÅ” ieJevexme keĆ¢eĆe& heƦefle keĆ¢es jseEÅ”ie heĆoeve keĆ¢er ieF& nw. DeeF&meerDeejS Ćeje henueer yeej pegueeF&, 2004 ceW 'meerpeerDeej 2' jseEÅ”ie heĆoeve keĆ¢er ieF&. yeQkeĆ¢ keĆ¢es Ćener jseEÅ”ie DeLee&le meerpeerDeej 2 jseEÅ”ie hegve: HeĆ¢jJejer, 2006, efmelebyej, 2007 leLee DeheĆwue, 2010 SJeb ceeĆe&, 2011 ceW Yeer heĆoeve keĆ¢er ieF&. GĆ²eĆ¢ jseEÅ”ie mkesĆ¢ue meerpeerDeej 1 mes meerpeerDeej 6 ceW meerpeerDeej 1 meJeexĆĆe jseEÅ”ie keĆ¢nueeleer nw. meerpeerDeej 2 jseEÅ”ie mes DeefYeheĆeĆe nw efkeĆ¢ jseEÅ”ie Spesvmeer DeeF&meerDeejS keĆ¢er jeĆe ceW yeQkeĆ¢ ves Gve heƦefleĆeeW, hejbhejeDeeW SJeb mebefnleeDeeW keĆ¢es DeheveeĆee nw leLee GvekeĆ¢e heeueve keĆ¢j jne nw pees yeQkeĆ¢ kesĆ¢ efnleOeejkeĆ¢eW SJeb peceekeĆ¢lee&DeeW keĆ¢es iegCeJeĆ²eehetCe& keĆ¢eheexjsÅ” ieJeveXme keĆ¢e DeeĆeemeve heĆoeve keĆ¢jlee nw. Ćen jseEÅ”ie yeQkeĆ¢ keĆ¢er heejoMeea mJeeefcelJe mebjĆevee, megJĆeJeeqmLele keĆ¢eĆe&heeuekeĆ¢ heĆyebOeve mebjĆevee, meblees<epevekeĆ¢ peesefKece heĆyebOeve heƦefleĆeeW, yees[& SJeb Jeefjā¦ heĆyebOeve keĆ¢er efveĆegefĆ²eĆ¢ĆeeW ceW heejoe|Melee, efJemle=le SJeb heefj<ke=Ć¢le uesKee keĆ¢eĆe&efJeefOe, pees efkeĆ¢ efvejer#eCe heĆYeeie leLee mJeleb$e uesKee HeĆ¢ceeX Ćeje DeheveeĆeer peeleer nw, keĆ¢es oMee&leer nw.
13. efJeĆ²eerĆe ke@Ć¢uesv[j
efJeĆ²eerĆe Je<e& 1 DeheĆwue, 2011 mes 31 ceeĆe&, 2012
KeeleeW (SkeĆ¢ue) SJeb ueeYeebMe mebyebOeer efmeHeĆ¢eefjMeeW
hej efJeĆeej-efJeceMe& keĆ¢jves nsleg efveosMekeĆ¢ ceb[ue
keĆ¢er yew"keĆ¢
04.05.2012 Board Meeting for considering of Accounts (Standalone) and recommendation of dividend.
04.05.2012
KeeleeW (mecesefkeĆ¢le) hej efJeĆeej-efJeceMe&, keĆ¢jves nsleg efveosMekeĆ¢ ceb[ue keĆ¢er yew"keĆ¢
15.05.2012 Board Meeting for considering of Accounts (Consolidated).
15.05.2012
YeejleerĆe efj]peJe& yeQkeĆ¢ keĆ¢es KeeleeW keĆ¢er uesKee hejeref#ele efJeJejCeer keĆ¢er heĆmlegefle
24.05.2012 Submission of audited statement of accounts to RBI.
24.05.2012
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14. Shareholding Pattern as on 31st March 201214. 31 ceeĆe& 2012 keĆ¢es MesĆejOeeefjlee hewÅ”ve&
16JeeR Jeee|<ekeĆ¢ meeceevĆe yew"keĆ¢ keĆ¢er leejerKe, meceĆe SJeb mLeeve
28.06.2012heĆele: 10.30 yepesmej meĆeepeerjeJe veiejie=n, Je[esoje ceneveiej mesJee meove, yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe Meleeyoer Je<e& (2007-2008) Å”er.heer.-1, SHeĆ¢.heer. 549/1, peerF&yeer keĆ¢e@ueesveer kesĆ¢ heeme, Deesu[ heeoje jes[, DekeĆ¢esÅ”e, Je[esoje ā 390 020
Date, Time & Venue of the 16th AGM
28.06.2012 At 10.30 a.m.Sir Sayaji Rao Nagargriha, Vadodara Mahanagar Seva Sadan, Bank of Baroda Centenary Year (2007-2008), T. P. ā 1, F. P. 549/1, Near GEB Colony, Old Padra Road, Vadodara ā 390 020
yeefnĆeeb yebo keĆ¢jves keĆ¢er leejerKe 16.06.2012 mes 28.06.2012 Book Closure dates 16.06.2012 to 28.06.2012
heĆe@keƤmeer HeĆ¢ece& heĆehle keĆ¢jves keĆ¢er Debeflece leejerKe
23.06.2012 Last Date for receipt of Proxy Forms
23.06.2012
ueeYeebMe kesĆ¢ efueS JeejbÅ” heĆsef<ele keĆ¢jves keĆ¢er mebYeeefJele leejerKe
09.07.2012 mes henues Probable date of dispatch of warrants for Dividend
before 09.07.2012
ueeYeebMe Yegieleeve keĆ¢er leejerKe 09.07.2012 Payment date - Dividend 09.07.2012
āŗeĆ¢ce meb.Sr. No.
efJeJejCe Description MesĆejOeejkeĆ¢eW keĆ¢er mebKĆeeNo. of Share
Holders
MesĆejShares
FefkeƤJeÅ”er keĆ¢e HeĆefleMele% to Equity
1 Yeejle mejkeĆ¢ej (ĆeJele&keĆ¢) Govt. of India (Promoters) 1 223279579 54.31
2 cĆetĆĆegDeue HebĆ¢[/ĆetÅ”erDeeF& Mutual Funds / UTI 183 30891062 7.51
3 efJeĆ²eerĆe mebmLeeSb / yeQkeĆ¢ Financial Institutions / Banks 71 10011281 2.44
4 yeercee kebĆ¢heefveĆeeb Insurance Companies 08 43393871 10.55
5 efJeosMeer mebmLeeiele efveJesMekeĆ¢ Foreign Institutional Investors 311 55666571 13.54
6 efveieefcele efvekeĆ¢eĆe Bodies Corporate 1701 25634066 6.24
7 efveJeemeer JewĆeeqkeƤlekeĆ¢ Resident Individuals 169542 19599360 4.77
8 De-efveJeemeer YeejleerĆe Non Resident Indians 2847 1935862 0.47
9 efJeosMeer keĆ¢eHeexjsÅ” efvekeĆ¢eĆe Overseas Corporate Bodies 3 22000 0.01
10 vĆeeme Trusts 20 53056 0.01
11 meceeMeesOeve meomĆe Clearing Members 177 636675 0.15
kegĆ¢ue total 174864 411123383 100.00
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15.Ke. SmāŗeĆ¢es/GĆeble Keeles ceW heĆ[s ngS MesĆejeW keĆ¢er eqmLeefle (DeYeeweflekeĆ¢erke=Ć¢le MesĆej ef[ueerJejer ve nes mekeĆ¢ves kesĆ¢ keĆ¢ejCe Jeeheme ngS)
16. 31 ceeĆe&, 2012 keĆ¢es MesĆej OeejkeĆ¢eW keĆ¢e DeeyebÅ”ve mebyebOeer ĆesCeer-Jeej efJeJejCe
15.b. Status of Shares lying in Escrow / Suspense A/c (Demat Shares - returned undelivered)
01.04.2011 keĆ¢es ĆøeejbefYekeĆ¢ Mes<eOpening Balance as
on 01.04.2011
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve ĆøeeHle DevegjesOeeW keĆ¢er mebKĆeeNo. of requests
received during the Financial Year 2011-12
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve āŗesĆ¢ef[Å” efkeĆ¢S ieS MesĆej
Shares credited during the Financial Year 2011-12
31 ceeĆe& 2012 keĆ¢es Debeflece Mes<eClosing Balance as on
31st March 2012
ceeceues / Cases MesĆej / Shares ceeceues / Cases ceeceues / Cases MesĆej / Shares ceeceues / Cases MesĆej / Shares
196 22628 30 18 1798 178 20830
ĆesCeer
CategoryceeceueeW keĆ¢er mebKĆee
No. of CasesceeceueeW keĆ¢e %
% of CasesjeefMe (`)
Amount `.jeefMe keĆ¢e %
% of Amount
1 - 5000 171129 97.86 171940820.00 4.18
5001 - 10000 2081 1.19 16638480.00 0.40
10001 - 20000 657 0.38 10086140.00 0.25
20001 - 30000 192 0.11 5005030.00 0.12
30001 - 40000 97 0.06 3494610.00 0.09
40001 - 50000 74 0.04 3496220.00 0.09
50001 - 100000 144 0.08 11001250.00 0.27
100001 & Above 490 0.28 3889571280.00 94.31
Total 174864 100.00 4111233830.00 100.00
15. 31 ceeĆe&, 2012 keĆ¢es SmeāŗeĆ¢es/GĆeble KeeleeW ceW heĆ[s ngS MesĆejeW keĆ¢er eqmLeefle
15.keĆ¢. GĆeble Keeles ceW heĆ[s ngS MesĆejeW keĆ¢er eqmLeefle (heĆlĆe#e MesĆej ef[ueerJejer
ve nes mekeĆ¢ves kesĆ¢ keĆ¢ejCe Jeeheme efkeĆ¢S ieS)
15. Status of Shares Lying in Escrow/Suspense Account as on 31st March 2012
15.a. Status of Shares lying in Suspense A/c (Physical Shares - returned undelivered)
01.04.2011 keĆ¢es heĆejbefYekeĆ¢ Mes<e Opening Balance as
on 01.04.2011
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve heĆehle DevegjesOeeW keĆ¢er mebKĆeeNo. of requests
received during the Financial Year 2011-12
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve āŗesĆ¢ef[Å” efkeĆ¢S ieS MesĆej
Shares credited during the Financial Year 2011-12
31 ceeĆe&, 2012 keĆ¢es Debeflece Mes<eClosing Balance as on
31st March 2012
ceeceues / Cases MesĆej / Shares ceeceues / Cases ceeceues / Cases MesĆej / Shares ceeceues / Cases MesĆej / Shares
MetvĆe / NIL MetvĆe / NIL MetvĆe / NIL MetvĆe / NIL MetvĆe / NIL 76 18300
16. DiStRiBUtiOn OF ShAREhOLDERS - CAtEGORY WiSE AS On 31St MARCh, 2012
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17. 31 ceeĆe&, 2012 keĆ¢es MesĆejOeejkeĆ¢eW keĆ¢e YeewieesefuekeĆ¢ ĆeqĀ° mes DeeyebÅ”ve mebyebOeer (jepĆe-Jeej) efJeJejCe
āŗeĆ¢ce meb.Sr. No.
jepĆe State ceeceues Cases
MesĆejShares
1 DeebOeĆ heĆosMe ANDHRA PRADESH 6580 879591
2 DeĀ®CeeĆeue heĆosMe ARUNACHAL PRADESH 14 1658
3 Demece ASSAM 507 56172
4 efyenej BIHAR 2695 278372
5 Ćeb[erieĆ{ CHANDIGARH 459 58936
6 efouueer DELHI 7707 224524907
7 ieesJee GOA 1426 200871
8 iegpejele GUJARAT 41500 5166802
9 nefjĆeeCee HARYANA 2079 227814
10 efnceeĆeue heĆosMe HIMACHAL PRADESH 242 23382
11 peccet SJeb keĆ¢Mceerj JAMMU & KASHMIR 199 26437
12 keĆ¢vee&Å”keĆ¢ KARNATAKA 7946 798033
13 kesĆ¢jue KERALA 3219 413227
14 ceOĆeheĆosMe MADHYA PRADESH 4925 650276
15 cenejeĀ°^ MAHARASHTRA 48405 169893549
16 cesIeeueĆe MEGHALAYA 91 12022
17 veeieeueQ[ NAGALAND 98 21965
18 GĆ[ermee ORISSA 1074 101619
19 DevĆe OTHERS 2990 1450783
20 hebpeeye PUNJAB 1557 194670
21 jepemLeeve RAJASTHAN 10395 1219732
22 leefceuevee[t TAMIL NADU 11868 2149050
23 ef$ehegje TRIPURA 120 16260
24 GĆ²ej heĆosMe UTTAR PRADESH 12603 1548576
25 heeqĀ§ece yebieeue WEST BENGAL 6165 1208679
kegĆ¢ue Total 174864 411123383
17. GEOGRAPhiCAL (StAtE WiSE) DiStRiBUtiOn OF ShAREhOLDERS AS At 31St MARCh, 2012
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leejerKe Date Sme Sb[ heer meerSveSkeƤme
efveHeĆ¤Å”erS&P CNX
NIFTY
yeQkeĆ¢ efveHeĆ¤Å”er
BANK NIFTY
yee@ye SveSmeF&
BOB NSE
yeerSmeF& mesvmeskeƤme
BSE SENSEX
yeQkesĆ¢keƤme
BANKEX
yee@ye yeerSmeF&
BOB BSE
29-DeheĆwue-11 29-Apr-11 5749.50 11483.75 911.90 19135.96 13076.97 912.15
31-ceF&-11 31-May-11 5560.15 11020.85 863.95 18503.28 12543.00 863.40
30-petve-11 30-Jun-11 5647.40 11244.65 873.35 18845.87 12821.05 871.90
29-pegueeF&-11 29-Jul-11 5482.00 10893.65 878.75 18197.20 12447.83 878.30
30-Deiemle-11 30-Aug-11 5001.00 9533.40 736.30 16676.75 10904.24 736.60
30-efmelebyej-11 30-Sep-11 4943.25 9468.30 762.30 16453.76 10850.73 763.85
31-DeĆ²etĆ¢yej-11 31-Oct-11 5326.60 9989.65 771.15 17705.01 11454.03 771.50
30-veJebyej-11 30-Nov-11 4832.05 8564.10 700.10 16123.46 9850.43 700.60
30-efomebyej-11 30-Dec-11 4624.30 7968.65 665.35 15454.92 9153.39 660.85
31-peveJejer-12 31-Jan-12 5199.25 9919.45 753.75 17193.55 11390.70 753.45
29-HeĆ¢jJejer-12 29-Feb-12 5385.20 10414.20 804.40 17752.68 11974.16 803.80
30-ceeĆe&-12 30-Mar-12 5295.55 10212.75 796.15 17404.20 11751.18 793.65
18.Ke DeheĆwue, 2011 mes ceeĆe&, 2012 lekeĆ¢ Fb[skeƤme [eÅ”e (ceeefmekeĆ¢ meceeheve cetuĆe)
ceen Month vesMeveue mÅ”e@keĆ¢ SkeƤmeĆeWpe Dee@HeĆ¢ Fbef[Ćee efue. (SveSmeF&)National Stock Exchange of India Limited (NSE)
yee@cyes mÅ”e@keĆ¢ SkeƤmeĆeWpe efue. (yeerSmeF&)Bombay Stock Exchange Ltd. (BSE)
GĆĆelece (Ā®.)Highest (`)
vĆetvelece (Ā®.)Lowest (`)
meewoeW keĆ¢er cee$ee (mebKĆee)
Volume Traded (Nos.)
GĆĆelece (Ā®.)Highest (`)
vĆetvelece (Ā®.)Lowest (`)
meewoeW keĆ¢er cee$ee (mebKĆee)
Volume Traded (Nos.)
DeheĆwue 2011 APR 2011 1006.65 905.10 5861776 1006.50 905.20 1206239
ceF& 2011 MAY 2011 917.95 802.5 10524139 920.00 802.40 1799141
petve 2011 JUN 2011 895.05 830.10 4743525 910.00 838.50 699553
pegueeF& 2011 JUL 2011 948.45 858.00 7267925 919.25 858.40 1260047
Deiemle 2011 AUG 2011 897.95 681.30 10700376 893.75 681.05 1182276
efmelebyej 2011 SEP 2011 814.90 711.10 6167706 815.45 712.40 907674
DeĆ²etĆ¢yej 2011 OCT 2011 781.90 704.85 8671492 833.00 703.75 1076476
veJebyej 2011 NOV 2011 833.60 675.65 10929016 833.40 675.10 2020633
efomebyej 2011 DEC 2011 748.00 631.00 10584352 747.50 630.35 1440876
peveJejer 2012 JAN 2012 830.00 653.35 10948422 829.70 653.60 1667090
HeĆ¢jJejer 2012 FEB 2012 881.00 740.10 11489826 881.00 738.00 1904643
ceeĆe& 2012 MAR 2012 860.00 758.20 12545272 869.00 759.05 1393697
18. mÅ”e@keĆ¢ SkeƤmeĆeWpeeW ceW MesĆejeW kesĆ¢ meewoeW keĆ¢er cee$ee leLee MesĆej cetuĆe Deewj Fb[skeƤme [eÅ”e
18.keĆ¢ mÅ”e@keĆ¢ SkeƤmeĆeWpeeW ceW MesĆejeW kesĆ¢ meewoeW keĆ¢er cee$ee leLee MesĆej cetuĆe (01.04.2011 mes 31.03.2012)
18. ShARE PRiCE, VOLUME OF ShARES tRADED in StOCK EXChAnGES AnD inDEX DAtA
18. a Share Price, Volume of Shares Traded in Stock Exchanges (From 01.04.2011 to 31.03.2012)
18.b index Data from April 2011 to March 2012 (Monthly Closing Values)
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veece Ćeer megoMe&ve mesve Name Shri Sudarshan Sen
helee #es$eerĆe efveosMekeĆ¢YeejleerĆe efj]peJe& yeQkeĆ¢, kesĆ¢vƵerĆe keĆ¢eĆee&ueĆe, hees.yee@. veb. 1. DeeĆece jes[, Denceoeyeeo ā 380 014
Address Regional Director,
Reserve Bank of India, Central Office,
P. B. No. 1, Ashram Road,
Ahmedabad ā 380 014.
pevceefleefLe 21.01.1959 Date of Birth 21.01.1959
DeeĆeg 53 Je<e& Age 53 Years
ĆeesiĆelee 1. yeer.Smemeer. (ieefCele)2. Sce.Smemeer.(ieefCele)3. SceyeerS (Deblejjeā^erĆe yeQeEkeĆ¢ie SJeb efJeĆ²e)
Qualifications 1) B. Sc. ( Mathematics )
2) M. Sc. ( Mathematics )
3) M.B.A. ( International Banking And Finance )
efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveĆegefĆ²eĆ¢ keĆ¢e mJeĀ®he
kesĆ¢vƵerĆe mejkeĆ¢ej Ćeje yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3) (meer) kesĆ¢ lenle efoveebkeĆ¢ 30.05.2011 mes Deieues DevegosMeeW lekeĆ¢ efveosMekeĆ¢ kesĆ¢ Ā¤he ceW veeefcele.
Nature of appointment as Director
Nominated as a Director w.e.f. 30.05.2011 by the Central Government u/s 9 (3) (c) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 to hold the post until further orders.
DevegYeJe GvneWves Je<e& 1982 ceW YeejleerĆe efj]peJe& yeQkeĆ¢ ceW keĆ¢eĆe&ieĆnCe efkeĆ¢Ćee leLee GvnW 30 Je<eex mes DeefOekeĆ¢ keĆ¢e kesĆ¢vƵerĆe yeQeEkeĆ¢ie heefjĆeeueveeW Deewj yeQeEkeĆ¢ie heĆe&Jes#eCe keĆ¢e oerIe&keĆ¢eueerve DevegYeJe heĆehle nw efpemeceW yeQeEkeĆ¢ie SJeb efJeĆ²eerĆe mesJeeDeeW kesĆ¢ #es$e keĆ¢e ienve DevegYeJe Meeefceue nw. GvneWves YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efJeefYeVe efJeYeeieeW ceW cenlJehetCe& heoeW hej keĆ¢eĆe& efkeĆ¢Ćee nw.
Experience He joined the Reserve Bank of India (RBI) in the year 1982 and has over thirty years of varied experience in Central Banking Operations and Bank Supervision, involving extensive exposure to the banking and financial services sector. He has held key positions in various departments of RBI.
DevĆe kebĆ¢heefveĆeeW ceW efveosMekeĆ¢ DeLeJee meefceefle heoeW hej keĆ¢eĆe&
MetvĆe Directorship or Committee Positions held in other Companies
NIL
yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe ceW Oeeefjle MesĆejeW keĆ¢er mebKĆee
MetvĆe No. of Shares held in Bank of Baroda
NIL
19. efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve efveĆegĆ²eĆ¢ efveosMekeĆ¢eW keĆ¢e heefjĆeĆe
19.1 Ćeer megoMe&ve mesve
19. PROFiLE OF DiRECtORS APPOintED DURinG thE FinAnCiAL YEAR 2011 ā12
19.1 Shri Sudarshan Sen
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veece Ćeer efJeefveue kegĆ¢ceej mekeƤmesvee Name Shri Vinil Kumar Saxena
helee Ćeje yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe meer-39, nefj ceeie&, keĆ¢Oe&veer Mee@eEheie meWÅ”j kesĆ¢ meeceves, ceeueJeerĆe veiej, peĆehegj ā 302 017
Address C/o Bank of Baroda,C-39, Hari Marg, Opp. Kardhani Shopping Centre, Malviya Nagar, Jaipur ā 302 017.
pevceefleefLe 20.12.1957 Date of Birth 20.12.1957
DeeĆeg 54 Je<e& Age 54 Years
ĆeesiĆelee 1. Sce. keĆ¢e@ce. (SkeĆ¢eGvÅ”Wvmeer Sb[ efye]pevesme mÅ”sefÅ”eqmÅ”keĆ¢)
2. Sce. keĆ¢e@ce. (efye]pevesme S[efceefvemÅ”^sMeve)3. heer.peer. ef[hueescee Fve keĆ¢esmÅ” Sb[ JekeƤme&
SkeĆ¢eGvÅ”Wvmeer 4. heer.peer. ef[hueescee Fve yeQeEkeĆ¢ie HeĆ¢eFveevme5. heer.peer. ef[hueescee Fve keĆ¢e@-Dee@hejsMeve
Qualifications 1) M.Com. ( Accountancy & Business Statistics)
2) M.Com. (Business Administration)3) P.G. Diploma in Cost & Works
Accountancy4) P.G. Diploma in Banking Finance5) P.G. Diploma in Co-operation
efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveĆegefĆ²eĆ¢ keĆ¢e mJeĀ¤he
kesĆ¢vƵerĆe mejkeĆ¢ej Ćeje yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3) (F&) kesĆ¢ lenle efoveebkeĆ¢ 25.07.2011 mes leerve Je<eeX keĆ¢er DeJeefOe Ćee yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe ceW Jeke&Ć¢cesve keĆ¢ce&Ćeejer yeves jnves Ćee Deieues DeeosMe efceueves lekeĆ¢, pees Yeer henues nes, Jeke&Ć¢cesve keĆ¢ce&Ćeejer efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveĆegĆ²eĆ¢.
Nature of appointment as Director
Appointed as a Workmen Employee Director w.e.f. 25.07.2011 by the Central Government u/s 9 (3) (e) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 for a period of three years or till he ceases to be workmen employee of Bank of Baroda or until further orders, whichever is earlier
DevegYeJe GvneWves yeQkeĆ¢ ceW Je<e& 1978 ceW keĆ¢eĆe&-ieĆnCe efkeĆ¢Ćee. GvnW yeQeEkeĆ¢ie keĆ¢e 33 Je<eeX keĆ¢e DevegYeJe nw. Jes Å”^s[ ĆetefveĆeve ieefleefJeefOeĆeeW mes meeqāŗeĆ¢Će Ā¤He mes pegĆ[s jns nQ Deewj Fme meceĆe Jes Dee@ue Fbef[Ćee yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe Scheuee@Fpe HesĆ¢[jsMeve kesĆ¢ DeOĆe#e, vesMeveue keĆ¢esHesĆ¢[jsMeve Dee@HeĆ¢ yeQkeĆ¢ Schuee@Fpe kesĆ¢ mebĆegĆ²eĆ¢ meefĆeJe, yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe keĆ¢ce&Ćeejer ĆetefveĆeve, jepemLeeve jepĆe kesĆ¢ cenemeefĆeJe leLee vesMeveue keĆ¢veHesĆ¢[jsMeve Dee@HeĆ¢ yeQkeĆ¢ Schuee@Fpe jepemLeeve kesĆ¢ DeOĆe#e nQ.
Experience He joined the Bank in the year 1978. He has thirty-three years of experience in Banking. He is actively associated with Trade Union movement and is currently the President, All India Bank of Baroda Employees Federation; Joint Secretary, National Confederation of Bank Employees; General Secretary, The Bank of Baroda Karamchari Union Rajasthan State and President, National Confederation of Bank Employees Rajasthan.
DevĆe kebĆ¢heefveĆeeW ceW efveosMekeĆ¢ DeLeJee DevĆe meefceefle heoeW hej keĆ¢eĆe&
MetvĆe Directorship or Committee Positions held in other Companies
NIL
yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe ceW Oeeefjle MesĆejeW keĆ¢er mebKĆee
620 No. of Shares held in Bank of Baroda
620
19.2 Shri Vinil Kumar Saxena19.2 Ćeer efJeefveue kegĆ¢ceej mekeƤmesvee
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19.3 Ćeer ceewefueve DejeEJeo Jew<CeJe
veece Ćeer ceewefueve DejeEJeo Jew<CeJe Name Shri Maulin Arvind Vaishnav
helee 8-Deeveboveiej meesmeeĆeÅ”er,pesleuehegj jes[,Je[esoje ā 390 007
Address 8 ā Anand Nagar Society,
Jetalpur Road,
Vadodara - 390 007.
pevceefleefLe 12.12.1950 Date of Birth 12.12.1950
DeeĆeg 61Je<e& Age 61 Years
ĆeesiĆelee ef[hueescee Fve HeĆ¢eĆej efheĆJesvMeve Qualifications Diploma in Fire Prevention
efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveĆegefĆ²eĆ¢ keĆ¢e mJeĀ¤he
yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3) (DeeF&) kesĆ¢ lenle efoveebkeĆ¢ 23.12.2011 keĆ¢es ngF& DemeeOeejCe meeceevĆe meYee ceW yeQkeĆ¢ kesĆ¢ keWĆ¢ĆµerĆe mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje efoveebkeĆ¢ 24.12.2011 mes 23.12.2014 lekeĆ¢ keĆ¢er leerve Je<eeX keĆ¢er DeJeefOe kesĆ¢ efueS efveosMekeĆ¢ kesĆ¢ Ā¤he ceW hegve: efveJee&efĆele.
Nature of appointment as Director
Re-Elected as a Director by shareholders of the Bank other than the Central Government u/s 9 (3) (i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at the Extra Ordinary General Meeting held on 23.12.2011 for a period of 3 years from 24.12.2011 to 23.12.2014.
DevegYeJe Jes SkeĆ¢ meceefHe&le meeceeefpekeĆ¢ keĆ¢eĆe&keĆ¢lee& nQ. GvneWves hetJe& ceW iegpejele cejerÅ”eFce yees[& kesĆ¢ DeOĆe#e, heĆeLeefcekeĆ¢ efMe#eCe yees[&, yeĆ[ewoe cĆetefveefmeheue keĆ¢e@heexjsMeve kesĆ¢ DeOĆe#e pewmes keĆ¢F& cenlJehetCe& heoeW hej keĆ¢eĆe& efkeĆ¢Ćee nw. Jes Fbef[Ćeve pesmeer]pe kesĆ¢ jeĀ°erĆe efveosMekeĆ¢ Yeer jns. Jes Fmemes HetJe& yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3) (DeeF&) kesĆ¢ lenle efoveebkeĆ¢ 23.12.2008 keĆ¢es ngF& DemeeOeejCe meeceevĆe meYee ceW Yeer yeQkeĆ¢ kesĆ¢ keWĆ¢ĆµerĆe mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje efoveebkeĆ¢ 24.12.2008 mes 23.12.2011 lekeĆ¢ leerve Je<eeX keĆ¢er DeJeefOe kesĆ¢ efueS SkeĆ¢ efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveJee&efĆele ngS Les.DeHeves efveJee&Ćeve mes henues Jes kesĆ¢vƵ mejkeĆ¢ej Ćeje yeQkeĆ¢keĆ¢ejer kebĆ¢heveer GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe, DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3) (SĆe) kesĆ¢ lenle veeefcele efveosMekeĆ¢ kesĆ¢ heo hej keĆ¢eĆe&jle Les. GvneWves lĆeeiehe$e efoS peeves kesĆ¢ keĆ¢ejCe efoveebkeĆ¢ 28.11.2008 keĆ¢es Ćen Heo ĆesĆ[ efoĆee Lee.
Experience He is an accomplished Social Worker. He held several important positions in the past such as Chairman of the Gujarat Maritime Board, Chairman of the Primary Schools Board, Baroda Municipal Corporation. He was also a National Director, Indian Jaycees.
He was, earlier, elected as a Director by shareholders of the Bank other than the Central Government u/s 9 (3) (i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at the Extra Ordinary General Meeting held on 23.12.2008 for a period of 3 years from 24.12.2008 to 23.12.2011.
Prior to his election, he was holding the position as a Director nominated by the Central Government under section 9 (3) (h) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, which he ceased to hold w.e.f. 28.11.2008 consequent upon his resignation.
DevĆe kebĆ¢heefveĆeeW ceW efveosMekeĆ¢ DeLeJee DevĆe meefceefle heoeW hej keĆ¢eĆe&
keĆ¢esF& veneR Directorship or Committee Positions held in other Companies
NIL
yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe ceW Oeeefjle MesĆejeW keĆ¢er mebKĆee
125 No. of Shares held in Bank of Baroda
125
19.3 Shri Maulin Arvind Vaishnav
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19.4 Ćeer megjsvƵ eEmen Yeb[ejer
veece Ćeer megjsvƵ eEmen Yeb[ejer Name Shri Surendra Singh Bhandari
helee heer-7, efleuekeĆ¢ ceeie&, meer mkeĆ¢erce,peĆehegj ā 302 005
Address P ā 7 , Tilak Marg,
C ā Scheme,
Jaipur - 302 005.
pevceefleefLe 20.01.1948 Date of Birth 20.01.1948
DeeĆeg 64 Je<e& Age 64 years
ĆeesiĆelee 1) yeer. keĆ¢[email protected]) SHeĆ¢.meer.S.
Qualifications 1) B. Com.
2) F.C.A.
efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveĆegefĆ²eĆ¢ keĆ¢e mJeĀ¤he
yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3) (DeeF&) kesĆ¢ lenle efoveebkeĆ¢ 23.12.2011 keĆ¢es ngF& DemeeOeejCe meeceevĆe meYee ceW yeQkeĆ¢ kesĆ¢ kesĆ¢bƵerĆe mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje efoveebkeĆ¢ 24.12.2011 mes 23.12.2014 lekeĆ¢ keĆ¢er leerve Je<eeX keĆ¢er DeJeefOe kesĆ¢ efueS efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveJee&efĆele.
Nature of appointment as Director
Elected as a Director by shareholders of the Bank other than the Central Government u/s 9 (3) (i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at the Extra Ordinary General Meeting held on 23.12.2011 for a period of 3 years from 24.12.2011 to 23.12.2014.
DevegYeJe Jes SkeĆ¢ meveoer uesKeekeĆ¢ej nQ leLee cew. Sme. Yeb[ejer Sb[ kebĆ¢ ceW Je<e& 1970 mes Jeefjā¦ meePesoej nQ. Gvnesves efJeefYeVe efJeĆ²eerĆe mebmLeeveeW mes efJeefYeVe veerefle efveĆeecekeĆ¢ heoeW hej keĆ¢eĆe& efkeĆ¢Ćee nQ. GvnW yeQeEkeĆ¢ie leLee efJeĆ²eerĆe #es$e ceW Ćeej oMekeĆ¢eW keĆ¢e JĆeehekeĆ¢ DevegYeJe nw. Jes 1991-1996 lekeĆ¢ yeQkeĆ¢ Dee@HeĆ¢ jepemLeeve efueefceÅ”s[ kesĆ¢ efveosMekeĆ¢ ceb[ue ceW Jes jepemLeeve mejkeĆ¢ej kesĆ¢ efveosMekeĆ¢ kesĆ¢ heo hej keĆ¢j keĆ¢eĆe&jle jns Deewj Je<e& 2001-2004 kesĆ¢ oewjeve meWÅ”^ue yeQkeĆ¢ Dee@HeĆ¢ Fbef[Ćee ceW iewj-keĆ¢eĆe&heeuekeĆ¢ efveosMekeĆ¢ kesĆ¢ Ā¤he ceW Yeer mesJeeSb heĆoeve keĆ¢j ĆegkesĆ¢ nQ.Jes jepemLeeve mejkeĆ¢ej kesĆ¢ JeeefCeeqpĆekeĆ¢ keĆ¢j efMekeĆ¢eĆele efveJeejCe keĆ¢#e kesĆ¢ meomĆe Yeer nQ, Jes Fbef[Ćeve keĆ¢eGeqvmeue Dee@HeĆ¢ Deee|yeÅ”^sMeve (jepemLeeve ĆewhÅ”j) kesĆ¢ meomĆe, jepemLeeve Ćewcyej Dee@HeĆ¢ keĆ¢e@ceme& Sb[ Fb[mÅ”^er]pe kesĆ¢ SmeesefmeSÅ”s[ ceWyej leLee ceoj Å”sjsmee ne@ce HeĆ¢esj [eeEĆeie Sb[ [seqmŔŔĆetÅ”d, peĆehegj kesĆ¢ meomĆe leLee mLeeveerĆe meueenkeĆ¢ej nQ.
Experience He is a practicing Chartered Accountant and a senior partner in M/s S. Bhandari & Co., since 1970.
He has held various strategic positions in various financial organizations. He has rich experience of Banking and Finance of more than four decades.
He was a Director on the Board of Bank of Rajasthan Limited during 1991 ā 1996 and had also served as Non-executive Director on the Board of Central Bank of India during 2001 ā 2004.
He is also a member in Grievance Redressal Cell of Commercial Taxes, Government of Rajasthan, Member of the Arbitration Tribunal of Indian Council of Arbitration (Rajasthan Chapter), Associated Member ā Rajasthan Chamber of Commerce & Industry and Member & Local Advisor, Mother Teresa Home for Dying & Destitute, Jaipur.
DevĆe kebĆ¢heefveĆeeW ceW efveosMekeĆ¢ DeLeJee DevĆe meefceefle heoeW hej keĆ¢eĆe&
Jes efvecveefueefKele kesĆ¢ efveosMekeĆ¢ ceb[ueeW ceW efveosMekeĆ¢ Yeer nQ- (i) SefMeĆeve nesÅ”ume (JesmÅ”) efue.
(ii) SefMeĆeve nesÅ”ume (F&mÅ”) efue.
(iii) JewYeJe pescme efueefceŔs[.
Directorship or Committee Positions held in other Companies
He is also a Director on the Board of
(i) Asian Hotels (West) Ltd.
(ii) Asian Hotels (East) Ltd.
(iii) Vaibhav Gems Ltd.
yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe ceW Oeeefjle MesĆejeW keĆ¢er mebKĆee
200 No. of Shares held in Bank of Baroda
200
19.4 Shri Surendra Singh Bhandari
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19.05 Ćeer jepeerye mesKej meent 19.5 Shri Rajib Sekhar Sahoo
veece Ćeer jepeerye mesKej meent Name Shri Rajib Sekhar Sahoo
helee S/42, veeruekebĆ¢" veiej osJe je@Će keĆ¢e@ueesveer kesĆ¢ heeme veĆeeheuueer, YegyevesĆej ā 751 012
Address A / 42, Nilkantha Nagar,
Near Dev Roy College,
Nayapalli,
Bhubaneswar ā 751 012.
pevceefleefLe 01.07.1962 Date of Birth 01.07.1962
DeeĆeg 49 Je<e& Age 49 years
ĆeesiĆelee 1) yeer. keĆ¢[email protected]) SHeĆ¢.meer.S.
Qualifications 1) B. Com.
2) F.C.A.
efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveĆegefĆ²eĆ¢ keĆ¢e mJeĀ¤he
yeQkeĆ¢keĆ¢ejer kebĆ¢heveer (GheāŗeĆ¢ceeW keĆ¢e Depe&ve SJeb DeblejCe) DeefOeefveĆece, 1970 keĆ¢er Oeeje 9(3) (DeeF&) kesĆ¢ lenle efoveebkeĆ¢ 23.12.2011 keĆ¢es ngF& DemeeOeejCe meeceevĆe meYee ceW yeQkeĆ¢ kesĆ¢ keWĆ¢ĆµerĆe mejkeĆ¢ej mes efYeVe MesĆejOeejkeĆ¢eW Ćeje efoveebkeĆ¢ 24.12.2011 mes 23.12.2014 lekeĆ¢ keĆ¢er leerve Je<eeX keĆ¢er DeJeefOe kesĆ¢ efueS efveosMekeĆ¢ kesĆ¢ Ā¤he ceW efveJee&efĆele.
Nature of appointment as Director
Elected as a Director by shareholders of the Bank other than the Central Government u/s 9 (3) (i) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 at the Extra Ordinary General Meeting held on 23.12.2011 for a period of 3 years from 24.12.2011 to 23.12.2014.
DevegYeJe Jes YegJevesĆej keĆ¢er SkeĆ¢ meveoer uesKeekeĆ¢j kebĆ¢meuÅ”Wmeer HeĆ¢ce& ceW cew.SmeDeejyeer Sb[ SmeesefmeSÅ”me kesĆ¢ SkeĆ¢ heĆJele&keĆ¢ SJeb heĆcegKe meePesoej nQ. GvnW yeQeEkeĆ¢ie SJeb efJeĆ²eerĆe #es$e keĆ¢e JĆeehekeĆ¢ DevegYeJe nw SJeb GvneWves meeJe&peefvekeĆ¢ #es$e kesĆ¢ keĆ¢F& yeĆ[s GheāŗeĆ¢ceeW, yeQkeĆ¢eW Je efvepeer kebĆ¢heefveĆeeW keĆ¢er uesKee hejer#ee keĆ¢er nw.Jes DeebOeĆ yeQkeĆ¢ ceW Je<e& 2008-2011 lekeĆ¢ leerve Je<eeX keĆ¢er DeJeefOe kesĆ¢ efueS iewj-keĆ¢eĆe&heeuekeĆ¢ efveosMekeĆ¢ Les. GvnW keĆ¢F& cenlJehetCe& heoeW pewmes 2012-13 kesĆ¢ efueS SceDeesĆet mebyebOeer heeqyuekeĆ¢ SbÅ”jheĆeF]pe Å”emkeĆ¢ HeĆ¢esme& kesĆ¢ meomĆe kesĆ¢ Ā¤he ceW, eEnogmleeve eEpekeĆ¢ efueefceÅ”s[ kesĆ¢ efveosMekeĆ¢ ceb[ue kesĆ¢ efveosMekeĆ¢ kesĆ¢ Ā¤he ceW, ceQ.lesnjer neĆe[^es [sJeueheceWÅ” keĆ¢eheexjsMeve Fbef[Ćee efue. SJeb SveÅ”erheer efue. kesĆ¢ efveosMekeĆ¢ kesĆ¢ Ā¤he ceW keĆ¢eĆe& keĆ¢jves keĆ¢e DevegYeJe heĆehle nw. Jes efJeefJeOe mejkeĆ¢ejer SJeb heĆyebOeve mebmLeeveeW efpeveceW pesefJeĆej FbmÅ”erÅ”ĆetÅ” Dee@HeĆ¢ cewvespeceWÅ”, YegJevesĆej Yeer Meeefceue nw. efJeefpeeEÅ”ie mebkeĆ¢eĆe meomĆe kesĆ¢ Ā¤he ceW mesJeeSb osles jns nQ.
Experience He is one of the Promoters and Principal Partner of M/s. SRB & Associates, a Chartered Accountants consultancy firm based at Bhubaneswar. He has vast experience in Banking and Finance and has audited large Public Sector Undertakings, Banks and Private Companies.
He was a non-executive Director on the Board of Andhra Bank for a period of 3 years during 2008 ā 2011. He has the experience of holding several key positions such as Member of Department of Public Enterprise Task Force on MOU for 2012 ā 13, as Director on the Boards of M/s. Hindustan Zinc Limited, M/s. Tehri Hydro Development Corporation India Limited, and NTPC Limited. He has also been a visiting faculty to various Government and Management Institutes including Xavier Institute of Management, Bhubaneswar.
DevĆe kebĆ¢heefveĆeeW ceW efveosMekeĆ¢ DeLeJee DevĆe meefceefle heoeW hej keĆ¢eĆe&
Jes efvecveefueefKele kesĆ¢ efveosMekeĆ¢ ceb[ue ceW efveosMekeĆ¢ Yeer nQ-
(i) SveŔerheermeer efueefce.
(ii) efnvogmLeeve eEpekeĆ¢ efueefce.
(iii) Å”snjer neĆe[^es [sJeueheceWÅ” keĆ¢e@heexjsMeve Fbef[Ćee efueefceÅ”s[ .
Directorship or Committee Positions held in other Companies
He is also a Director on the Board of
(i) NTPC Ltd.
(ii) Hindustan Zinc Ltd.
(iii) Tehri Hydro. Development Corporation India Ltd. (THDC)
yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe ceW Oeeefjle MesĆejeW keĆ¢er mebKĆee
200 No. of Shares held in Bank of Baroda
200
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DECLARAtiOn
Declaration of the Chairman and Managing Director pursuant to clause 49 (I) (D) of Listing Agreement with Stock Exchanges.
It is to declare that all the Board Members and Senior Management Personnel of the Bank have affirmed their compliance of the Code of Conduct for the Financial Year Ended on 31st March, 2012 in accordance with clause 49 (I) (D) of the Listing Agreement entered into with the Stock Exchanges. The said Code of conduct has been posted on the Bankās website.
For Bank of Baroda
M. D. MallyaChairman and Managing Director
Place : MumbaiDate : 08th May, 2012
Iees<eCee-He$e
mÅ”ekeĆ¢ SkeƤmeĆespeeW kesĆ¢ meeLe metĆeerkeĆ¢jCe keĆ¢jej kesĆ¢ Keb[ 49 (1) ([er) kesĆ¢ DevegmejCe ceW DeOĆe#e SJeb heĆyebOe efveosMekeĆ¢ keĆ¢er Iees<eCee.
Ćen Ieesef<ele efkeĆ¢Ćee peelee nw efkeĆ¢ yeQkeĆ¢ kesĆ¢ yees[& kesĆ¢ meYeer meomĆeeW leLee Jeefjā¦ heĆyebOeve
keĆ¢eĆe&heeuekeĆ¢eW ves mÅ”ekeĆ¢ SkeƤmeĆeWpeeW kesĆ¢ meeLe efkeĆ¢S ieS metĆeerkeĆ¢jCe keĆ¢jej kesĆ¢ Keb[ 49
(1) ([er) kesĆ¢ Devegmeej 31 ceeĆe&, 2012 keĆ¢es meceehle efJeĆ²eerĆe Je<e& keĆ¢er DeeĆeej mebefnlee kesĆ¢
Devegheeueve kesĆ¢ yeejs ceW heĆefleyeƦlee oesnjeF& nw. Ćen DeeĆeej mebefnlee yeQkeĆ¢ keĆ¢er JesyemeeFÅ”
hej GheueyOe keĆ¢jeF& ieF& nw.
ke=Ć¢les yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe
Sce. [er. ceuĆee DeOĆe#e SJeb HeĆyebOe efveosMekeĆ¢
mLeeve : cegbyeF&efoveebkeĆ¢ : 08, ceF&, 2012
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to: the Members of Bank of Baroda,
We have examined the compliance of conditions of Corporate Governance by Bank of Baroda, for the year ended 31st March 2012, as stipulated in Clause-49 of the Listing Agreement of the Bank with Stock Exchanges.
The compliance of conditions of Corporate Governance is the responsibility of management. Our examination was limited to procedures and implementation thereof, adopted by the Bank for ensuring the compliance of the conditions of the Corporate Governance. It is neither an audit nor an expression of opinion on the financial statements of the Bank.
In our opinion and to the best of our information and according to the explanations given to us, we certify that the Bank has complied with the conditions of Corporate Governance as stipulated in the above mentioned Listing Agreement.
We state that such compliance is neither an assurance as to the future viability of the Bank nor the efficiency or effectiveness with which the management has conducted the affairs of the Bank.
keĆ¢eheexjsÅ” ieJeveXme keĆ¢er MeleeX kesĆ¢ Devegheeueve mes mebyebefOele uesKee hejer#ekeĆ¢eW keĆ¢e ĆeceeCe-he$eAuditorsā Certificate on Compliance of Conditions of Corporate Governance
yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe kesĆ¢ meomĆeeW kesĆ¢ efueS
nceves yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe kesĆ¢, mÅ”e@keĆ¢ SkeƤmeĆeWpeeW kesĆ¢ meeLe metĆeeryeƦ keĆ¢jves mebyebOeer keĆ¢jej kesĆ¢ Keb[ 49 ceW efJeefvee|oĀ° keĆ¢eheexjsÅ” ieJevexme MeleeX kesĆ¢ meboYe& ceW yeQkeĆ¢ Ćeje 31 ceeĆe&, 2012 keĆ¢es meceehle Je<e& kesĆ¢ efueS keĆ¢eheexjsÅ” ieJevexme mebyebOeer Devegheeueve eqmLeefle keĆ¢er peebĆe keĆ¢er nw.
keĆ¢eheexjsÅ” ieJeveXme mebyebOeer MeleeX keĆ¢e Devegheeueve keĆ¢jvee heĆyebOeve keĆ¢e oeefĆelJe nw. nceejer peebĆe, keĆ¢eheexjsÅ” ieJeveXme mebyebOeer yeeOĆeleeDeeW keĆ¢e Devegheeueve megefveeqĀ§ele keĆ¢jves nsleg yeQkeĆ¢ Ćeje DeheveeĆeer ieF& heĆefāŗeĆ¢ĆeeDeeW Deewj keĆ¢eĆee&vJeĆeve lekeĆ¢ meerefcele Leer. Ćen ve lees uesKee hejer#ee nw Deewj ve ner yeQkeĆ¢ keĆ¢er efJeĆ²eerĆe efJeJejefCeĆeeW kesĆ¢ yeejs ceW nceeje DeefYecele nw.
nce Deheveer jeĆe leLee meJeexĆ²ece peevekeĆ¢ejer leLee nceW efoS mheĀ°erkeĆ¢jCeeW kesĆ¢ DeeOeej hej heĆceeefCele keĆ¢jles nQ efkeĆ¢ yeQkeĆ¢ ves GhejesĆ²eĆ¢ metĆeeryeƦ keĆ¢jej ceW efJeefvee|oĀ° keĆ¢eheexjsÅ” ieJeveXme mebyebOeer yeeOĆeleeDeeW keĆ¢e Devegheeueve efkeĆ¢Ćee nw.
nceeje Ćen Yeer DeefYekeĆ¢Leve nw efkeĆ¢ GĆ²eĆ¢ Devegheeueve keĆ¢e DeefYeheĆeĆe yeQkeĆ¢ keĆ¢er YeefJe<Će keĆ¢er me#ecelee kesĆ¢ heĆefle Ćen keĆ¢esF& DeeĆeemeve veneR nw Deewj ve ner Ćen yeQkeĆ¢ kesĆ¢ keĆ¢eĆe&keĆ¢ueeheeW kesĆ¢ mebĆeeueve ceW heĆyebOeve keĆ¢er kegĆ¢Meuelee SJeb heĆYeeJehetCe&lee kesĆ¢ yeejs ceW DeeĆeemeve nw.
ke=Ć¢les efKecepeer kegbĆ¢Jejpeer SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 105146 [yuĆet(ieewlece Meen)YeeieeroejSce. veb.: 117348
For Khimji Kunverji & CoChartered AccountantsFRN: 105146W(Gautam V. Shah)PartnerM No.117348
ke=Ć¢les yeĆĆæeĆĆee SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 000511 Sme(kesĆ¢. efpeleWƵ kegĆ¢ceej)YeeieeroejSce. veb.: 201825
For Brahmayya & Co.Chartered AccountantsFRN: 000511S(K. Jitendra Kumar)PartnerM No.201825
ke=Ć¢les js SC[ jsmeveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 301072 F&(S. Sve. ĆesVesceeoer)YeeieeroejSce. veb.: 031004
For Ray & RayChartered AccountantsFRN: 301072E(A. N. Yennemadi)PartnerM. No. 031004
ke=Ć¢les Sme kesĆ¢. efceĆ²eue SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 001135 Sve(ke=Ć¢<Ce meĀ®He)YeeieeroejSce. veb.: 010633
For S. K. Mittal & Co.Chartered AccountantsFRN: 001135N(Krishan Sarup)PartnerM. No. 010633
ke=Ć¢les Sve.yeer.Sme. SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 110100 [yuĆet(ĆøeoerHe pes MesĆ³er)YeeieeroejSce. veb.: 46940
For N. B. S. & Co.Chartered AccountantsFRN: 110100W(Pradeep J. Shetty)PartnerM No.46940
ke=Ć¢les ue#ceerefveJeeme veerLe SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 002460 Sme(oĆeeefveJeeme Mecee&)YeeieeroejSce. veb.: 216244
For Laxminiwas Neeth & Co.Chartered AccountantsFRN: 002460S(Dayaniwas Sharma)PartnerM No.216244
mLeeve / Place: cegbyeF& / MumbaiefoveebkeĆ¢ / Date: 15th May, 2012
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GREEn initiAtiVE-APPEAL tO ShAREhOLDERS
tO GEt nOtiCES / AnnUAL REPORtS & OthER COMMUniCAtiOn thROUGh E-MAiL
Shareholders holding Shares in Demat accounts are requested to: register an email ID in their Demat A/cs.
Shareholders holding Shares in Physical form are requested to:
send their consent by filling up and signing the perforated portion of this communication to our Registrars at their address given hereunder :
M/S Karvy Computershare Private Ltd., (Unit: Bank of Baroda), Plot No.17 to 24, Near Image Hospital, Vittalrao Nagar, Madhapur, Hyderabad - 500 081, Phone No. 040 ā 2342 0815 to 820 Fax No. 040 ā 2342 0814 E-mail : [email protected]
GREEn initiAtiVE OF BAnK OF BARODA
Date:M/S Karvy Computershare Private Ltd., (Unit: Bank of Baroda),Plot No.17 to 24, Near Image Hospital,Vittalrao Nagar, Madhapur,Hyderabad - 500 081
Dear Sir,I/ We ______________________________ holding _________ shares of Bank of Baroda in physical form, intend to receive all communication from Bank of Baroda through our email ID given hereunder, as a part of Green Initiative under Corporate Governance of Bank of Baroda.Folio Number: _______________ Email ID: _______________I/ We also undertake that the communication received through my/ our email ID will be treated as proper, legal and sufficient delivery of documents sent to us by Bank of Baroda. I/ We further undertake that we would not hold Bank of Baroda, any of its employees, Registrars or its employees, responsible in case the communication is not properly received at my/ our email ID due to any technical/ other failures.
____________________Signature of First Holder
nefjle Henue - MesĆej OeejkeĆ¢eW mes DeHeerue
F&-cesue kesĆ¢ ceeOĆece mes veesefÅ”me/Jeeef<e&keĆ¢ efjHeesÅ”X leLee DevĆe He$eeĆeej ĆøeeHle keĆ¢jvee.
ef[cesÅ” Keelees ceW MesĆej jKevesJeeues MesĆej OeejkeĆ¢eW mes DevegjesOe nw efkeĆ¢ Jes DeHeves ef[cesÅ” Keeles ceW F&-cesue DeeF&[er ope& keĆ¢jW.
YeeweflekeĆ¢Ā¤HemesMesĆejjKevesJeeuesMesĆejOeejkeĆ¢eWmesDevegjesOenwefkeĆ¢-
Fme He$e kesĆ¢ veerĆes efoĆes ieĆes Yeeie keĆ¢es YejkeĆ¢j leLee Gme Hej nmlee#ej keĆ¢jkesĆ¢ Gmes nceejs jefpemÅ”^ej kesĆ¢ Heeme veerĆes efueKes Heles Hej efYepeJee oW -
cew. keĆ¢eJeer& keĆ¢bhĆetÅ”jMesĆej ĆeeFJesÅ” efue. (ĆetefveÅ” : yeQkeĆ¢ Dee@@]HeĆ¢ yeĆ[ewoe)huee@Å” veb. 17 mes 24, Fcespe ne@efmheÅ”ue kesĆ¢ heeme, efJeĆŗuejeJe veiej, ceeOeehegj, nwojeyeeo - 500 081HeĆ¢esve veb. 040-2342 0815 mes 820, HewĆ¢keƤme veb. 040-2342 0814F& cesue : [email protected]
yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe keĆ¢er nefjle Henue
efoveebkeĆ¢cew. keĆ¢eJeer& keĆ¢bhĆetÅ”jMesĆej ĆeeFJesÅ” efue.(ĆetefveÅ” : yeQkeĆ¢ Dee@@]HeĆ¢ yeĆ[ewoe)huee@Å” veb. 17 mes 24, Fcespe ne@efmheÅ”ue kesĆ¢ heeme,efJeĆŗuejeJe veiej, ceeOeehegj,nwojeyeeo - 500 081
efĆeĆe cenesoĆe,ceQ / nce ____________________________________________
yeQkeĆ¢ Dee@@]HeĆ¢ yeĆ[ewoe keĆ¢eheexjsÅ” ieJevesĆme kesĆ¢ heĆee&JejCe megj#ee (nefjle heefjJesMe) GheeĆeeW kesĆ¢ SkeĆ¢ ĆeĆeeme kesĆ¢ Ā¤he ceW yeQkeĆ¢ Dee@@]HeĆ¢ yeĆ[ewoe mes meYeer mebosMe Deheves veerĆes efoS ieS F& cesue DeeF[er kesĆ¢ ceeOĆece mes Ćeehle keĆ¢jvee Ćeenlee ntb / Ćeenles nQ. cesjs / nceejs heeme yeQkeĆ¢ kesĆ¢ __________________MesĆej YeeweflekeĆ¢ Ā¤he ceW nQ.
HeĆ¢esefueĆees vecyej : _________F& cesue DeeF[er : _________________________
ceQ / nce Fme DeeMeĆe keĆ¢e JeĆeve oslee ntb / osles nQ efkeĆ¢ cesjs / nceejs F& cesue kesĆ¢ ceeOĆece mes Ćeehle mebosMe keĆ¢es mener, efJeefOekeĆ¢ leLee yeQkeĆ¢ Dee@@]HeĆ¢ yeĆ[ewoe Ćeje nceW Yespes ieS omleeJespeeW keĆ¢er mecegefĆele SJeb heĆee&hle meghego&ieer ceevee peeSiee. ceQ / nce Ćen Yeer JeĆeve oslee ntb / osles nQ efkeĆ¢ Ćeefo efkeĆ¢meer lekeĆ¢veerkeĆ¢er / DevĆe keĆ¢ejCeeW mes cesje / nceeje F& cesue nceW mener Ā¤he ceW Ćeehle ve nesves kesĆ¢ keĆ¢ejCe mebosMe Ćeehle veneR nes heelee nw lees nce yeQkeĆ¢ Dee@@]HeĆ¢ yeĆ[ewoe, FmekesĆ¢ efkeĆ¢meer keĆ¢ce&Ćeejer, jefpemÅ”^ej DeLeJee FmekesĆ¢ keĆ¢ce&ĆeeefjĆeeW keĆ¢es GllejoeĆeeR veneR "njeĆeWies.
________________
ĆøeLece OeejkeĆ¢ kesĆ¢ nmlee#ej
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yeemesue ii efheuej 3 ĆekeĆ¢Å”erkeĆ¢jCeBasel ii Pillar 3 disclosures
i. DevegĆeĆeesie keĆ¢e #es$ekeĆ¢. ĆekeĆ¢Å”erkeĆ¢jCe keĆ¢e ĆøesĆ¢ceJeke&Ć¢ yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe hej meesuees DeeOeej hej ueeiet neslee
nw, pees efkeĆ¢ mecetn ceW meJeexĆĆe yeQkeĆ¢ nw.
Ke. yeQkeĆ¢ keĆ¢er efvecveefueefKele Iejsuet leLee efJeosMeer oesveeW ĆekeĆ¢ej keĆ¢er Deveg<ebefieĆeeb, meneĆekeĆ¢ FkeĆ¢eFĆeeb leLee mebĆegĆ²eĆ¢ GĆ ece nQ :
āŗeĆ¢ce mebKĆeeSr. no.
Deveg<ebieer keĆ¢e veece name of the subsidiary mJeeefcelJe keĆ¢er meerceeExtent of ownership
Deveg<ebieer (Iejsuet) SUBSiDiARY (DOMEStiC)
i vewveerleeue yeQkeĆ¢ efueefceÅ”s[ Nainital Bank Limited 98.57%
ii. yee@yekeĆ¢e[&dme efueefceÅ”s[ BOBCARDS Limited 100.00%
iii. yee@ye kewĆ¢efheÅ”ue ceekexĆ¢Å” efueefceÅ”s[ BOB Capital Market Limited 100.00%
Deveg<ebieer (efJeosMeer) SUBSiDiARY (FOREiGn)
iv. yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (Ćet.kesĆ¢.) efueefceÅ”s[ Bank of Baroda (U.K.) Ltd 100.00%
v. yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (Ćetieev[e) efueefceÅ”s[ Bank of Baroda (Uganda) Ltd. 80.00%
vi. yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (kesĆ¢vĆee) efueefceÅ”s[ Bank of Baroda (Kenya) Ltd. 86.70%
vii. yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (iegĆeevee) FbkeĆ¢. Bank of Baroda (Guyana) Inc. 100.00%
viii. yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (yeeslmJeevee) efueefceÅ”s[ Bank of Baroda (Botswana) Ltd. 100.00%
ix. yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (leb]peeefveĆee) efueefceÅ”s[ Bank of Baroda (Tanzania) Ltd. 100.00%
x. yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (ef$eefveoeo SC[ Å”esyesiees) efueefceÅ”s[ Bank of Baroda (Trinidad & Tobago) Ltd. 100.00%
xi. yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (Ieevee) efueefceÅ”s[ Bank of Baroda (Ghana) Ltd 100.00%
xii. yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (vĆetpeerueQ[) efueefceÅ”s[ Bank of Baroda (New Zealand) Ltd. 100.00%
yeQkeĆ¢ keĆ¢er efvecveefueefKele Iejsuet leLee efJeosMeer meneĆekeĆ¢ FkeĆ¢eFĆeeb Yeer nQ.
āŗeĆ¢ce mebKĆeeSr. no.
meneĆekeĆ¢ FkeĆ¢eF& keĆ¢e veece name of the associate mJeeefcelJe keĆ¢er meerceeExtent of ownership
meneĆekeĆ¢ FkeĆ¢eFĆeeb (Iejsuet) ASSOCiAtES (DOMEStiC)
i yeĆ[ewoe heeĆeesefveĆej SmesÅ” cewvespeceWÅ” kebĆ¢heveer efueefceÅ”s[ Baroda Pioneer Asset Management Company Limited
49.00%
ii PeeyegDee Oeej #es$eerĆe Ā«eeceerCe yeQkeĆ¢ Jhabua Dhar K G Bank 35.00%
iii vewveerleeue DeuceesĆ[e #es$eerĆe Ā«eeceerCe yeQkeĆ¢ Nainital Almora K G Bank 35.00%
iv yeĆ[ewoe iegpejele Ā«eeceerCe yeQkeĆ¢ Baroda Gujarat Gramin Bank 35.00%
v yeĆ[ewoe jepemLeeve Ā«eeceerCe yeQkeĆ¢ Baroda Rajasthan Gramin Bank 35.00%
vi yeĆ[ewoe GĆ²ej ĆøeosMe Ā«eeceerCe yeQkeĆ¢ Baroda U P Gramin Bank 35.00%
meneĆekeĆ¢ FkeĆ¢eFĆeeb (efJeosMeer) ASSOCiAtE (FOREiGn)
vii Fb[es ]peebefyeĆee yeQkeĆ¢ efueefceÅ”s[ Indo Zambia Bank Limited 20.00%
āŗeĆ¢ce mebKĆeeSr. no.
mebĆegĆ²eĆ¢ GĆ ece keĆ¢e veece name of the Joint Venture mJeeefcelJe keĆ¢er meerceeExtent of ownership
mebĆegĆ²eĆ¢ GĆ ece (Iejsuet) Joint Venture (DOMEStiC)i Fbef[ĆeeHeĆ¢mÅ”& ueeFHeĆ¢ FbMĆeesjWme kebĆ¢heveer efueefceÅ”s[ IndiaFirst Life Insurance Company Ltd. 44.00%
mebĆegĆ²eĆ¢ GĆ ece (efJeosMeer) Joint Venture (FOREiGn)i Fbef[Ćee FbÅ”jvesMeveue yeQkeĆ¢ (ceuesefMeĆee) yeerSĆe[er. India International Bank (Malaysia) Bhd. 40.00%
efoveebkeĆ¢ 31.3.2012 keĆ¢es YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ veĆes Hetbpeer Hej HeĆee&Hlelee ĆesĆ¢ceJeke&Ć¢ (yeemesue II) kesĆ¢ Debleie&le ĆøekeĆ¢Å”erkeĆ¢jCe (meesuees DeeOeej Hej)
The Bank also has following Associates both domestic and foreign:
The Bank has following domestic Joint Venture.
Disclosures (on solo basis) under Pillar 3 in terms of New Capital Adequacy Framework (Basel II) of Reserve Bank of India as on 31.03.2012
i. Scope of application
a. The framework of disclosures applies to Bank of Baroda, on solo basis, which is the top bank in the group.
b. The Bank has following Subsidiaries, Associates and Joint ventures -- both domestic and foreign:
yeQkeĆ¢ kesĆ¢ efvecveefueefKele Iejsuet mebĆegĆ²eĆ¢ GĆ ece nQ.
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YeejleerĆe meveoer uesKeekeĆ¢ej mebmLeeve (DeeF&meerSDeeF&) kesĆ¢ uesKee ceeveob[ 21, 23 leLee 27 kesĆ¢ Devegmeej mecesefkeĆ¢le Keelee efJeJejCeer ceW āŗeĆ¢ceMe: Deveg<ebefieĆeeW, meneĆekeĆ¢ FkeĆ¢eFĆeeW leLee mebĆegĆ²eĆ¢ GĆ eceeW keĆ¢es hetCe&le: mecesefkeĆ¢le efkeĆ¢Ćee ieĆee nw.
ie. efkeĆ¢meer Deveg<ebieer kesĆ¢ ceeceues ceW hetbpeer keĆ¢er keĆ¢esF& keĆ¢ceer veneR nw.
Ie. yeQkeĆ¢ keĆ¢e yeercee mebmLeeve ceW efvecve efJeJejCeevegmeej efnle Meeefceue nw.
I. yeercee mebmLeeve ceW yeQkeĆ¢ kesĆ¢ kegĆ¢ue efnle keĆ¢e efJeĆ eceeve yener cetuĆe - `182.88 keĆ¢jesĆ[.
II. veece- FefC[Ćee HeĆ¢mÅ”& ueeFHeĆ¢ FbMĆeesjWme keĆ¢cheveer efueefceÅ”s[.
III. efveieefcele osMe - Yeejle.
IV. mJeeefcelJe kesĆ¢ efnle keĆ¢e Devegheele - 44%.
yeQkeĆ¢ ves Deheveer hetbpeer ceW mes `182.88 keĆ¢jesĆ[ Deenefjle keĆ¢j Deheveer MesĆej Oeeefjlee kesĆ¢ Ā¤he ceW FefC[Ćee HeĆ¢mÅ”& ueeFHeĆ¢ FbMĆeesjWme keĆ¢cheveer efue. ceW efveJesMe efkeĆ¢S nQ.
ii. hetbpeeriele {ebĆee
keĆ¢. yeQkeĆ¢ keĆ¢er efÅ”Ćej - I hetbpeer ceW MesĆej hetbpeer, veJeesvces<eer yesceerĆeeoer $e+Ce efueKele leLee efJeefYeVe ĆekeĆ¢ej keĆ¢er Ćeejef#ele efveefOeĆeeb Meeefceue nQ. efÅ”Ćej - II hetbpeer ceW hegvecet&uĆeebkeĆ¢ve efveefOeĆeeb (YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ ĆeeJeOeeveeW kesĆ¢ Devegmeej ef[mkeĆ¢eGCÅ”s[), meeceevĆe neefve efveefOe, ceevekeĆ¢ DeefmleĆeeW hej ĆeeJeOeeve, GĆĆe efÅ”Ćej - II leLee efvecve efÅ”Ćej - II hetbpeer Meeefceue nQ. GĆĆe efÅ”Ćej II hetbpeer ceW efJeosMeer yeepeej ceW peejer SceÅ”erSve yee@C[ Yeer Meeefceue nQ. yespeceeveleer ĆeefleosĆe $e+CeeW keĆ¢er DeJeefOe Fme ĆekeĆ¢ej nw :
GĆĆe efÅ”Ćej 2 hetbpeer :
Ć«e=bKeuee Series yĆeepeoj interest Rate (%)
heefjhekeƤJelee keĆ¢er leejerKeDate of maturity
jeefMe keĆ¢jesĆ[ Ā®. ceWAmount in ` Crs.
Ć«e=Kebuee VII Series VII 9.30 28.12.2022 500.00
Ć«e=Kebuee VIII Series VIII 9.30 04.01.2023 1000.00
Ć«e=Kebuee IX Series IX 9.15 04.03.2024 1000.00
Ć«e=Kebuee XI Series XI 8.38 08.06.2024 500.00
Ć«e=Kebuee XII Series XII 8.54 08.07.2024 500.00
Ć«e=Kebuee XIII Series XIII 8.48 31.05.2025 500.00
Ć«e=Kebuee XIV Series XIV 8.48 30.06.2025 500.00
Ć«e=Kebuee XV Series XV 8.52 10.08.2025 500.00
SceÅ”erSve efÅ”Ćej II yee@C[ (efJeosMeer)
MTN Tier II Bonds (Overseas)
6.625 25.05.2022 ( 25.5.2017 keĆ¢es keĆ¢e@ue Dee@hMeve kesĆ¢ meeLe with call option on 25.05.2017)
1526.25
kegĆ¢ue TOTAL 6526.25
eqvecve efÅ”Ćej 2 hetbpeer
Ć«e=Kebuee Series yĆeepeojinterest Rate (%)
heefjhekeƤJelee keĆ¢er leejerKeDate of maturity
jeefMe keĆ¢jesĆ[ Ā®. ceWAmount in ` Cr
Ć«e=Kebuee IV Series IV 5.85 02.07.2014 300.00
Ć«e=Kebuee V Series V 7.45 28.04.2015 770.00
Ć«e=Kebuee VI Series VI 8.95 15.05.2016 920.00
Ć«e=Kebuee X Series X 8.95 12.04.2018 500.00
kegĆ¢ue TOTAL 2490.00
The Subsidiaries, Associates and Joint Ventures are consolidated in the Consolidated Statement of Accounts as per Accounting Standard 21, 23 and 27 respectively of Institute of Chartered Accountants of India (ICAI). c. There is no deficiency of capital in respect of any
subsidiary.d. The Bank has interest in the Insurance entity as per the
details given below.I. The current Book value of Bankās total interest in the
insurance entity ā Rs.182.88 crores.II. Name ā IndiaFirst Life Insurance Company Limited.III. Country of Incorporation ā IndiaIV. The proportion of ownership interest ā 44%
The bank has deducted the investment of Rs.182.88 crores from its capital in respect of its equity holding in IndiaFirst Life Insurance Company Limited.
ii . Capital structurea. The Tier-I capital of the Bank consists of equity capital,
Innovative Perpetual Debt Instrument (IPDI) and various types of reserves. The Tier-II capital consists of Revaluation Reserves (discounted as per provisions of RBI), General Loss Reserve and Provisions on Standard Assets, Upper Tier II Capital and Lower Tier II capital. Upper Tier II capital also consists of MTN Bonds issued in overseas market. The terms of unsecured redeemable debts are as under:
Upper tier 2 Capital:
Lower tier 2 Capital:
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Ke. yeQkeĆ¢ keĆ¢er efÅ”Ćej - i hetbpeer Fme ĆekeĆ¢ej nw :
i kegĆ¢ue efÅ”Ćej - i hetbpeerefpemeceW mes
i total tier i Capital Out of which:
28214.87
ii ĆeoĆ²e MesĆej hetbpeer ii Paid up share capital 412.38
iii hegvecet&uĆeebkeĆ¢ve Ćeejef#ele efveefOeĆeeW kesĆ¢ DeueeJee Ćeejef#ele efveefOeĆeeb iii Reserves excluding revaluation reserves 25890.79
iv veJeesvces<eer yesceerĆeeoer $e+Ce efueKele iv Innovative Perpetual Debt Instrument 1911.70
v keĆ¢Å”ewefleĆeeb v Deductions 716.96
vi hee$e efÅ”Ćej I hetbpeer vi Eligible Tier I Capital 27497.91
ie. yeQkeĆ¢ keĆ¢er kegĆ¢ue efÅ”Ćej 2 hetbpeer (efÅ”Ćej 2 hetbpeer ceW mes MegƦ keĆ¢Å”ewleer) 9731.16 keĆ¢jesĆ[ Ā®heS nw.
Ie. GĆĆe efÅ”Ćej 2 hetbpeer ceW meceeJesMeve kesĆ¢ efueS hee$e $e+Ce hetbpeer efueKeleW Fme ĆekeĆ¢ej nQ:
yekeĆ¢eĆee kegĆ¢ue jeefMe Total amount outstanding 6526.25
efpemeceW mes Ćeeuet Je<e& kesĆ¢ oewjeve JeefOe&le jeefMe Of which amount raised during the current year 0.00
hetbpeeriele efveefOeĆeeW kesĆ¢ Ā¤he ceW ieCevee keĆ¢er peeves Jeeueer hee$e jeefMe Amount eligible to be reckoned as capital funds 6526.25
*. efvecve efÅ”Ćej 2 hetbpeer ceW meceeJesMeve kesĆ¢ efueS hee$e ieewCe $e+Ce hetbpeer efueKeleW Fme ĆekeĆ¢ej nQ :
yekeĆ¢eĆee kegĆ¢ue jeefMe Total amount outstanding 2490.00
efpemeceW mes Ćeeuet Je<e& kesĆ¢ oewjeve JeefOe&le jeefMe Of which amount raised during the current year 0.00
hetbpeeriele efveefOeĆeeW kesĆ¢ Ā¤he ceW ieCevee keĆ¢er peeves Jeeueer hee$e jeefMe Amount eligible to be reckoned as capital funds 1818.00
Će. hetbpeer heĆee&hlelee keĆ¢er ieCevee kesĆ¢ efueS efÅ”Ćej I Deewj efÅ”Ćej II hetbpeer ceW mes efvecveevegmeej keĆ¢Å”ewleer keĆ¢er ieF& nw.
āŗeĆ¢ce mebKĆeeSr. no.
keĆ¢Å”ewleerkeĆ¢emJeĀ¤he nature of Deduction efÅ”Ćej i mes keĆ¢Å”ewleerDeduction from tier i
efÅ”Ćej ii mes keĆ¢Å”ewleerDeduction from tier ii
1. DevĆe DeieesĆej DeeeqmleĆeeb (cesceve keĆ¢es- Dee@hejsefÅ”Je yew bkeĆ¢ keĆ¢er Deeeqmle SJeb osĆeleeDeesb keĆ¢es Å”skeĆ¢ DeesJej keĆ¢jves hej IeeÅ”e)
Other intangible Assets (Deficit on account of take over of assets & liabilities-Memon Co-Operative Bank Ltd.)
99.49 0.00
2. Deveg<ebefieĆeeW/mebĆegĆ²eĆ¢ GĆ ece/menĆeesieer FkeĆ¢eFĆeeW ceW efveJesMe
Investment in subsidiaries/ JV / Associates
617.47 617.47
3. kegĆ¢ue Total 716.96 617.47
b. the tier 1 capital of the bank is as under:
( jeefMe keĆ¢jesĆ[ Ā®. ceW Amount in ` Crore)
c. The Total amount of Tier 2 capital of the bank (net of deduction from tier 2 capital) is Rs. 9731.16 Crore.
d. The debt capital instruments eligible for inclusion in Upper Tier 2 capital are:
(keĆ¢jesĆ[ Ā®. ceW Rs. in Crores)
e. Subordinated debt capital instruments eligible for inclusion in Lower Tier 2 capital are:
(keĆ¢jesĆ[ Ā®. ceW Rs. in Crores)
f. For computation of Capital Adequacy, deductions as under have been done from Tier I and Tier II capital:
(keĆ¢jesĆ[ Ā®. ceW Rs. in Crores)
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Ć. kegĆ¢ue hee$e hetbpeer ceW efvecveefueefKele Meeefceue nQ :
efÅ”Ćej - I hetbpeer Tier ā I Capital 27497.91
efÅ”Ćej - II hetbpeer Tier ā II Capital 9731.16
]kegĆ¢ue TOTAL 37229.07
iii. hetbpeer heĆee&hlelee
keĆ¢. yeQkeĆ¢ peceekeĆ¢lee&DeeW leLee meeceevĆe $e+CeoeleeDeeW keĆ¢es DeĆelĆeeefMele neefveĆeeW mes megjef#ele jKeves kesĆ¢ efueS SkeƤmehees]pejeW, JĆeJemeeĆe FlĆeeefo kesĆ¢ cetuĆe ceW neefve kesĆ¢ peesefKece mes yeĆeeJe kesĆ¢ efueS hebtpeer keĆ¢er JĆeJemLee jKelee nQ, yeQkeĆ¢ kesĆ¢ heeme efveĆeecekeĆ¢ leLee DeeefLe&keĆ¢ hetbpeer oesveeW kesĆ¢ efueS SkeĆ¢erke=Ć¢le peesefKece / hetbpeer cee@[ue lewĆeej keĆ¢jves nsleg SkeĆ¢ megheefjYeeef<ele DeebleefjkeĆ¢ hetbpeer heĆee&hlelee efveOee&jCe ĆeefāŗeĆ¢Ćee (DeeF&meerSSheer) veerefle nw leeefkeĆ¢ meYeer peesefKeceeW SJeb GefĆele hetbpeer DeeyebÅ”ve keĆ¢es JĆeehekeĆ¢ Ā¤he mes cetuĆeebefkeĆ¢le efkeĆ¢Ćee pee mekesĆ¢.
YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMeeefveoxMeeW kesĆ¢ Devegmeej yeQkeĆ¢ ves DeefĀ«ece peesefKece, heefjĆeeueve peesefKece kesĆ¢ efueS DeeOeejYetle mebkesĆ¢lekeĆ¢ heƦefle leLee meerDeejSDeej keĆ¢er ieCevee kesĆ¢ efueS yeepeej peesefKece nsleg ceevekeĆ¢erke=Ć¢le DeeJeefOekeĆ¢ heƦefle DeheveeĆeer nw.
hetbpeeriele DeeJeMĆekeĆ¢lee DeeefLe&keĆ¢ HeefjJesMe, efveĆeecekeĆ¢ ]peĀ¤jleeW leLee yeQkeĆ¢ keĆ¢er ieefleefJeefOeĆeeW mes nesves Jeeues peesefKece mes ĆeYeeefJele nesleer nw. yeQkeĆ¢ keĆ¢er hetbpeeriele DeeĆeespevee keĆ¢e GƶsMĆe DeeefLe&keĆ¢ heefjefmLeefleĆeeW kesĆ¢ heefjJele&ve kesĆ¢ meceĆe, Ćeneb lekeĆ¢ efkeĆ¢ DeeefLe&keĆ¢ ceboer kesĆ¢ oewj ceW Yeer, hetbpeer heĆee&hlelee keĆ¢es megefveefMĆele keĆ¢jvee nw. hetbpeeriele DeeĆeespevee keĆ¢er ĆeefāŗeĆ¢Ćee ceW yeQkeĆ¢ efvecveefueefKele keĆ¢er meceer#ee keĆ¢jlee nw:
yeQkeĆ¢ keĆ¢er ceewpetoe hetbpeeriele DeeJeMĆekeĆ¢lee.
keĆ¢ejesyeej jCeveerefle, veerefle leLee peesefKece ĆeJe=efĆ²e kesĆ¢ meboYe& ceW ueef#ele leLee OeejCeerĆe hetbpeer
YeefJe<Će keĆ¢er hetbpeeriele DeeĆeespevee Deieues leerve Je<e& keĆ¢es OĆeeve ceW jKekeĆ¢j keĆ¢er peeleer nw.
hebtpeeriele Ćeespevee keĆ¢es Jeeef<e&keĆ¢ DeeOeej hej mebMeesefOele efkeĆ¢Ćee peelee nw. yeQkeĆ¢ keĆ¢er veerefle DeebleefjkeĆ¢ hetbpeer heĆee&hlelee cetuĆeebkeĆ¢ve veerefle (vĆetvelece 12% hetbpeer heĆee&hlelee Devegheele Ćee meceĆe-meceĆe hej yeQkeĆ¢ kesĆ¢ efveCe&Ćeevegmeej) ceW efveOee&efjle hetbpeer keĆ¢es yeveeS jKevee nw, FmekesĆ¢ meeLe ner yeQkeĆ¢ keĆ¢er veerefle YeefJe<Će ceW keĆ¢ejesyeej Je=efƦ kesĆ¢ efueS hetbpeer keĆ¢es yeveeĆes jKevee nw leeefkeĆ¢ DeeJeMĆekeĆ¢ vĆetvelece hetbpeer keĆ¢es melele DeeOeej hej yeveeS jKee pee mekesĆ¢. Devegceeve kesĆ¢ DeeOeej hej yeQkeĆ¢ Deheves efveosMekeĆ¢ ceb[ue kesĆ¢ Devegceesove mes efÅ”Ćej - I Ćee efÅ”Ćej - 2 ceW hetbpeer mebie=nerle keĆ¢jlee nw. yeQkeĆ¢ kesĆ¢ efveosMekeĆ¢ ceb[ue Ćeje efleceener DeeOeej hej yeQkeĆ¢ keĆ¢er hetbpeer heĆee&hlelee efmLeefle keĆ¢er meceer#ee keĆ¢er peeleer nw Deewj Gmes YeejleerĆe efj]peJe& yeQkeĆ¢ keĆ¢es Yeer Ćemlegle efkeĆ¢Ćee peelee nw.
Ke) 31.03.2012 lekeĆ¢ yeQkeĆ¢ kesĆ¢ peesefKece Yeeefjle DeeefmleĆeeW (Deej[yueĆetS), vĆetvelece hetbpeeriele DeeJeMĆekeĆ¢lee leLee JeemleefJekeĆ¢ hetbpeer heĆee&hlelee keĆ¢er efmLeefle efvecveevegmeej nw:
g. The total eligible capital comprises of:
(keĆ¢jesĆ[ Ā®. ceW Rs. in Crores)
iii. Capital Adequacy
a. Bank maintains capital to cushion the risk of loss in value of exposure, businesses etc. so as to protect the interest of depositors, general creditors and stake holders against any unforeseen losses. Bank has a well defined Internal Capital Adequacy Assessment Process (ICAAP) policy to comprehensively evaluate and document all risks and to provide appropriate capital so as to evolve a fully integrated risk/ capital model for both regulatory and economic capital.
In line with the guidelines of the Reserve Bank of India, the Bank has adopted Standardised Approach for Credit Risk, Basic Indicator Approach for Operational Risk and Standardized Duration Approach for Market Risk for computing CRAR.
The capital requirement is affected by the economic environment, regulatory requirement and by the risk arising from bankās activities. Capital Planning exercise of the bank is carried out every year to ensure the adequacy of capital at the times of changing economic conditions, even at the time of economic recession. In capital planning process the bank reviews:
Current capital requirement of the bank
The targeted and sustainable capital in terms of business strategy, policy and risk appetite.
The future capital planning is done on a three-year outlook.
The capital plan is revised on an annual basis. The policy of the bank is to maintain capital as prescribed in the ICAAP Policy (minimum 12% Capital Adequacy Ratio or as decided by the Bank from time to time). At the same time, Bank has a policy to maintain capital to take care of the future growth in business so that the minimum capital required is maintained on continuous basis. On the basis of the estimation bank raises capital in Tier-1 or Tier-2 with due approval of its Board of Directors. The Capital Adequacy position of the bank is reviewed by the Board of the Bank on quarterly basis and the same is submitted to RBI also.
b. The position of Bankās Risk Weighted Assets (RWA), Minimum Capital requirement and Actual Capital Adequacy as on 31.03.2012 are as under:
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(i) $e+Ce peesefKece : (i) credit risk :
Deej[yuĆetS (yeemesue-II)/hetbpeer RWA(Basel-II)/Capital
(jeefMe keĆ¢jesĆ[ ` ceW/Amount in ` Crore)
$e+Ce peesefKece kesĆ¢ mebyebOe ceW ceevekeĆ¢erke=Ć¢le heƦefle kesĆ¢ DeOĆeOeerve mebefJeYeeie
Portfolios subject to standardised approach in respect of credit risk
227089.22
ĆeefleYetleerkeĆ¢jCe SkeƤheespej (Deej [yuĆet S) Securitisation exposures (RWA) 44.18
$e+Ce peesefKece ceW kegĆ¢ue peesefKece Oeeefjle DeeefmleĆeeb Total RWAs in Credit Risk 227133.40
Deej[yuĆetS kesĆ¢ 9.00% keĆ¢er oj mes $e+Ce peesefKece kesĆ¢ efueS vĆetvelece hetbpeeriele DeeJeMĆekeĆ¢lee
Minimum Capital Requirement for Credit Risk @9.00% of the RWAs
20442.01
(ii) yeepeej peesefKece : (ii) market risk :
yĆeepe oj peesefKece (Deej [yuĆet S) Interest rate risk (RWA) 6372.91
efJeosMeer cegƵe efJeefveceĆe peesefKece (mJeCe& meefnle) (Deej [yuĆet S) Foreign exchange risk (including gold) (RWA) 225.00
FefkeƤJeÅ”er peesefKece (Deej [yuĆet S) Equity risk (RWA) 5606.00
yeepeej peesefKece kesĆ¢ mebyebOe ceW kegĆ¢ue Deej [yuĆet S Total RWAs in respect of Market Risk 12203.91
Deej [yuĆet S kesĆ¢ 9.00% keĆ¢er oj mes yeepeej peesefKece kesĆ¢ efueS vĆetvelece hetbpeeriele DeeJeMĆekeĆ¢lee
Minimum Capital Requirement for Market Risk @9.00% of the RWAs
1098.35
(iii) heefjĆeeueve peesefKece : (iii) operational risk :
DeeOeejYetle mebkesĆ¢lekeĆ¢ heƦefle (Deej [yuĆet S) Basic indicator approach (RWA) 14396.44
Deej [yuĆet S, kesĆ¢ 9.00% keĆ¢er oj mes heefjĆeeueve peesefKece kesĆ¢ efueS vĆetvelece hetbpeeriele DeeJeMĆekeĆ¢lee
Minimum Capital Requirement for Operational Risk @9.00% of the RWAs
1295.68
(iv) kegĆ¢ue Deej [yuĆet S, hetbpeer SJeb meerDeejSDeej (iv) total RWA, Capital & CRAR
$e+Ce, yeepeej leLee heefjĆeeueve peesefKece kesĆ¢ efueS kegĆ¢ue Deej [yuĆet S
Total RWAs in respect of Credit, Market & operational Risk
253733.75
Deej [yuĆet S kesĆ¢ 9.00% keĆ¢er oj mes $e+Ce, yeepeej leLee heefjĆeeueve peesefKece kesĆ¢ efueS vĆetvelece hetbpeeriele DeeJeMĆekeĆ¢lee
Minimum Capital Requirement for Credit Market & Operational Risk @9.00% of the RWAs
22836.04
(v) JeemleefJekeĆ¢ efmLeefle (v) Actual Position
hee$e efÅ”Ćej I hetbpeer Eligible Tier I Capital 27497.91
hee$e efÅ”Ćej II hetbpeer Eligible Tier II Capital 9731.16
kegĆ¢ue hee$e hetbpeer Total Eligible Capital 37229.07
yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe kesĆ¢ efueS kegĆ¢ue hetbpeeriele Devegheele Total capital ratio for Bank of Baroda:
meerDeejSDeej CRAR 14.67%
kegĆ¢ue Deej [yuĆet S kesĆ¢ efueS efÅ”Ćej I hetbpeer Tier I capital to Total RWA 10.83%
kegĆ¢ue Deej [yuĆet S kesĆ¢ efueS efÅ”Ćej II hetbpeer Tier II capital to Total RWA 3.84%
iV. $e+Ce peesefKece kesĆ¢ meboYe& ceW meeceevĆe ĆekeĆ¢Å”erkeĆ¢jCe
keĆ¢. yeQkeĆ¢ keĆ¢er $e+Ce DeeefmleĆeeW keĆ¢es Jeieeake=Ć¢le keĆ¢jves kesĆ¢ efueS yeQkeĆ¢ keĆ¢er efvecveefueefKele veerefle nw :
iewj efve<heeokeĆ¢ DeeefmleĆeeb (SveheerS) : iewj efve<heeokeĆ¢ DeeefmleĆeeb (SveheerS) SkeĆ¢ Ssmee $e+Ce Ćee DeefĀ«ece nw peneB
i. ceerĆeeoer $e+Ce kesĆ¢ meboYe& ceW 90 efove mes DeefOekeĆ¢ keĆ¢er DeJeefOe kesĆ¢ efueS cetueOeve keĆ¢e yĆeepe leLee / Ćee efkeĆ¢mle. DeefleosĆe nes peeleer nw.
ii. DeesJej [^eHeĆ¤Å” / vekeĆ¢o GOeej (Dees [er / meer meer) kesĆ¢ mebyebOe ceW Keelee DeefveĆeefcele jnlee nw.
iii. Kejeros ieS leLee yeĆ³eke=Ć¢le efyeue 90 efoveeW mes DeefOekeĆ¢ keĆ¢er DeJeefOe kesĆ¢ efueS yekeĆ¢eĆee DeefleosĆe jnles nQ.
iV. General disclosures in respect of Credit Riska. The policy of the bank for classifying bankās loan assets
is as under:
NON PERFORMING ASSETS (NPA): A non performing asset (NPA) is a loan or an advance where:
I. Interest and/ or installment of principal remain overdue for a period of more than 90 days in respect of a term loan,
II. The account remains āout of orderā in respect of an Overdraft/Cash Credit (OD/CC),
III. The bill remains overdue for a period of more than 90 days in the case of bills purchased and discounted,
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iv. DeuheeJeefOe HeĆ¢meueeW kesĆ¢ efueS oes HeĆ¢meueer ceewmeceeW nsleg cetue jeefMe keĆ¢er efkeĆ¢mle DeLeJee Gme hej yekeĆ¢eĆee yĆeepe DeefleosĆe nes peelee nw.
v. uecyeer DeJeefOe keĆ¢er HeĆ¢meueeW kesĆ¢ efueS SkeĆ¢ HeĆ¢meueer ceewmece nsleg cetue jeefMe keĆ¢er efkeĆ¢mle DeLeJee Gme hej yekeĆ¢eĆee yĆeepe DeefleosĆe nes peelee nw.
efkeĆ¢meer Yeer Keeles keĆ¢es āDeefveĆeefceleā Keeles kesĆ¢ Ā¤he ceW ceevee peeSiee Ćeefo Keeles ceW mJeerke=Ć¢le meercee / DeenjCe meercee mes DeefOekeĆ¢ jeefMe 90 efove mes DeefOekeĆ¢ yekeĆ¢eĆee jnleer nes. Ssmes ceeceueeW ceW, peneB cetue heefjĆeeueveiele Keeles ceW yekeĆ¢eĆee Mes<e mJeerke=Ć¢le meercee / DeenjCe meercee mes keĆ¢ce jnlee nes uesefkeĆ¢ve peneb legueve-he$e keĆ¢er leejerKe keĆ¢es efvejvlej Ā¤he mes 90 efoveeW kesĆ¢ efueS DeLeJee Gmeer DeJeefOe kesĆ¢ oewjeve veeces efkeĆ¢S ieS yĆeepe keĆ¢er Jemetueer nsleg pecee jeefMe Mes<e veneR nes lees Ssmes KeeleeW keĆ¢es āDeefveĆeefceleā Keeles keĆ¢er ĆesCeer ceW ceevee peeĆesiee.
efkeĆ¢meer Yeer $e+Ce megefJeOee kesĆ¢ Devleie&le yeQkeĆ¢ keĆ¢es osĆe efkeĆ¢meer Yeer Ssmeer jeefMe keĆ¢es āDeefleosĆeā ceevee peeĆesiee Ćeefo Ćen yeQkeĆ¢ Ćeje efveOee&efjle keĆ¢er ieF& osĆe leejerKe keĆ¢es Deoe veneR keĆ¢er peeleer nw.
iewj efve<HeeokeĆ¢ efveJesMe (Sve Heer DeeF&)
ĆøeefleYetefleĆeeW kesĆ¢ mebyebOe ceW peneB yĆeepe/cetueOeve yekeĆ¢eĆee nw, yeQkeĆ¢ ĆøeefleYetefleĆeeW Hej DeeĆe keĆ¢er ieCevee veneR keĆ¢jlee nw leLee efveJesMe kesĆ¢ cetuĆe ceW cetuĆeĆeme kesĆ¢ efueS mecegefĆele ĆøeeJeOeeve keĆ¢jlee nw.
iewj efve<HeeokeĆ¢ efveJesMe (SveHeerDeeF&) pees iewj efve<HeeokeĆ¢ DeefĀ«ece (SveHeerS) kesĆ¢ meceeve ner nw, Gmes keĆ¢nles nQ peneB:
(i) yĆeepe / efkeĆ¢mle (HeefjHekeƤJe ĆøeeeqHleĆeeW meefnle) osĆe nw Deewj 90 efoveeW mes DeefOekeĆ¢ meceĆe lekeĆ¢ DeoĆ²e jnlee nw.
(ii) Ćen DeefOeceeve MesĆejeW Hej peneB efveOee&efjle ueeYeebMe keĆ¢e Yegieleeve venerb efkeĆ¢Ćee ieĆee nw, DeeJeMĆekeĆ¢ HeefjJele&veeW meefnle ueeiet neslee nw.
(iii) FeqkeƤJeÅ”er MesĆejeW kesĆ¢ ceeceues ceW, peneB efkeĆ¢meer kebĆ¢Heveer kesĆ¢ MesĆejeW kesĆ¢ efveJesMe keĆ¢jves Hej cetuĆe Ćøeefle kebĆ¢Heveer 1/- Ā®heĆes efkeĆ¢Ćee ieĆee nw. YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efveosMeeW kesĆ¢ Devegmeej DeĆ eleve legueve He$e keĆ¢er DevegHeueyOelee kesĆ¢ keĆ¢ejCe Gve FeqkeƤJeÅ”er MesĆejesb keĆ¢er ieCevee Yeer SveHeerDeeF& kesĆ¢ Ā¤He ceW keĆ¢er peeleer nw.
(iv) Ćeefo efveie&cekeĆ¢lee& Ćeje ĆøeeHle keĆ¢er ieF& keĆ¢esF& $e+Ce megefJeOee yeQkeĆ¢ keĆ¢er yeefnĆeeW ceW SveHeerS nw lees Gme efveie&cekeĆ¢lee& Ćeje peejer keĆ¢er ieF& efkeĆ¢meer Yeer ĆøeefleYetefle ceW efveJesMe keĆ¢es SveHeerDeeF& leLee efJeueescele: ceevee peeSiee.
(v) ef[yeWĆej / yeeb[ ces efveJesMe pees efkeĆ¢ DeefĀ«ece kesĆ¢ Ā¤He ceW ceeves peeles nQ, efveJesMe Hej ueeiet nesves Jeeues SveHeerDeeF& ceeveob[ kesĆ¢ DeOĆeOeerve nQ.
yeQkeĆ¢ keĆ¢er iewj efve<HeeokeĆ¢ DeefmleĆeeW keĆ¢es Deeies efvecveefueefKele -3- ĆesefCeĆeeW ceW Jeieer&ke=Ć¢le efkeĆ¢Ćee ieĆee nw. DeJeceevekeĆ¢ DeeefmleĆeeb DeJeceevekeĆ¢ Deeefmle mes DeefYeĆeeĆe, Ssmeer Deefmle mes nw pees efkeĆ¢ 12 cenerveeW keĆ¢er DeJeefOe
mes keĆ¢ce DeLeJee Gme kesĆ¢ meceleguĆe DeJeefOe kesĆ¢ efueS iewj efve<heeokeĆ¢ Deeefmle jner nes. mebefoiOe DeeefmleĆeeb efkeĆ¢meer Yeer Deeefmle keĆ¢es, 12 cenerveeW kesĆ¢ efueS DeJeceevekeĆ¢ ĆesCeer ceW yeves jnves keĆ¢er
efmLeefle ceW Gmes mebefoiOe kesĆ¢ Ā¤he ceW Jeieeake=Ć¢le efkeĆ¢Ćee peeĆesiee. neefve Jeeueer DeeefmleĆeeb neefve Jeeueer Deeefmle mes DeefYeĆeeĆe Ssmeer Deeefmle mes nQ peneb neefve yeQkeĆ¢ DeLeJee
DeebleefjkeĆ¢ DeLeJee yeeĀ¢e uesKee hejer#ekeĆ¢eW DeLeJee YeejleerĆe efjpeJe& yeQkeĆ¢ kesĆ¢ efvejer#eCe Ćeje helee Ćeueer nes. neefve Jeeueer DeeefmleĆeeW ceW GheueyOe ĆeefleYetefle keĆ¢e Jemetueer ĆeesiĆe
IV. The installment of principal or interest thereon remains overdue for two crop seasons for short duration crops,
V. The installment of principal or interest thereon remains overdue for one crop season for long duration crops.
An OD/CC account is treated as 'out of order' if the outstanding balance remains continuously in excess of the sanctioned limit/drawing power for more than 90 days. In cases where the outstanding balance in the principal operating account is less than the sanctioned limit/drawing power, but there are no credits continuously for 90 days as on the date of Balance Sheet or credits are not enough to cover the interest debited during the same period, these accounts are treated as 'out of order'.
Any amount due to the bank under any credit facility is āoverdueā if it is not paid on the due date fixed by the bank.
non Performing investments (nPi) In respect of securities, where interest/principal is in
arrears, the Bank does not reckon income on the securities and makes appropriate provisions for the depreciation in the value of the investment. A non-performing investment (NPI), similar to a non-performing advance (NPA), is one where: (i) Interest/ installment (including maturity proceeds) is
due and remains unpaid for more than 90 days. (ii) This applies mutatis-mutandis to preference shares
where the fixed dividend is not paid. (iii) In the case of equity shares, in the event the
investment in the shares of any company is valued at Re.1 per company on account of the non-availability of the latest balance sheet in accordance with the Reserve Bank of India instructions, those equity shares are also reckoned as NPI.
(iv) If any credit facility availed by the issuer is NPA in the books of the bank, investment in any of the securities issued by the same issuer is treated as NPI and vice versa.
(v) The investments in debentures / bonds which are deemed to be in the nature of advance are subjected to NPI norms as applicable to investments.
non Performing Assets of the Bank are further classified in to three categories as under:
Sub standard Assets A sub standard asset is one which has remained NPA for
a period less than or equal to 12 months. Doubtful Assets An asset would be classified as doubtful if it has remained
in the sub standard category for 12 months. Loss Assets A loss asset is one where loss has been identified by
the bank or by internal or external auditors or the RBI inspection. In loss assets realizable value of security available is less than 10% of balance outstanding/ dues.
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cetuĆe, yekeĆ¢eĆee Mes<e / osĆeeW keĆ¢e 10% mes DeefOekeĆ¢ veneR neslee nw.
Ke. keĆ¢eĆe&veerefle SJeb ĆeefāŗeĆ¢ĆeeSb yeQkeĆ¢ keĆ¢er, $e+Ce peesefKece ĆeyebOeve kesĆ¢ cenlJehetCe& #es$eeW keĆ¢es Meeefceue keĆ¢jles ngS hetCe& Ā¤he
mes heefjYeeef<ele $e+Ce veerefle SJeb efveJesMe veerefle nw, pees efkeĆ¢ efvecveevegmeej nw :
DeLe&JĆeJemLee kesĆ¢ efJeefYeVe #es$eeW ceW SkeƤmeheespej ($e+Ce) meerceeSb, $e+efCeĆeeW kesĆ¢ efJeefYeVe ĆekeĆ¢ej Deewj GvekesĆ¢ iegĆhe SJeb GĆ eesie
$e+Ce efJelejCe ceW GefĆele JĆeJenej mebefnlee
yeQkeĆ¢ ceW efJeefYeVe mlejeW kesĆ¢ ĆeeefOekeĆ¢eefjĆeeW kesĆ¢ efueS $e+Ce Ćeoeve keĆ¢jves mebyebOeer efJeJeskeĆ¢eefOekeĆ¢ej
$e+Ce efJelejCe ĆeefāŗeĆ¢Ćee- mJeerke=Ć¢efle hetJe& efvejer#eCe, jƶ keĆ¢jvee, cetuĆeebkeĆ¢ve, mJeerke=Ć¢efle, omleeJespeerkeĆ¢jCe, ceeveerÅ”efjbie Deewj Jemetueer Deeefo kesĆ¢ mebyebOe ceW ĆeefāŗeĆ¢ĆeeSb
cetuĆe efveOee&jCe
ie. yeQkeĆ¢ keĆ¢e $e+Ce peesefKece oMe&ve, mebjĆevee Deewj ĆeCeeueer efvecveevegmeej nw
$e+Ce peesefKece oMe&ve
peesefKece ĆeyebOeve Fme ĆekeĆ¢ej efkeĆ¢Ćee peeS efkeĆ¢ yeQkeĆ¢ kesĆ¢ mebmeeOeveeW keĆ¢er megj#ee, keĆ¢eheexjsÅ” Je=efƦ SJeb mece=efƦ megefveefMĆele keĆ¢jves kesĆ¢ meeLe MesĆej OeejkeĆ¢eW kesĆ¢ DeeefLe&keĆ¢ cetuĆe ceW yeĆ{esĆ²ejer nes leLee meYeer efnle OeejkeĆ¢eW kesĆ¢ efnle mebjef#ele neW.
yeQkeĆ¢ Deheves efJeĆ²eerĆe mebmeeOeveeW keĆ¢es āŗeĆ¢efcekeĆ¢ Ā¤he mes megJĆeJeefmLele Deewj keĆ¢ejiej yeveeĆesb leeefkeĆ¢ efJeefYeVe ĆewveueeW keĆ¢es hejmhej peesĆ[e pee mekesĆ¢ leLee yeQkeĆ¢ kesĆ¢ meeceevĆe ue#ĆeeW Deewj GƶsMĆeeW keĆ¢er Ćeeefhle keĆ¢er pee mekesĆ¢.
DeLe&JĆeJemLee keĆ¢er efJeefYeVe jeĀ°^erĆe ĆeeLeefcekeĆ¢leeDeeW keĆ¢es ĆeespeveeyeƦ {bie mes hetje keĆ¢jves kesĆ¢ efueS mebmLeeiele efJeĆ²e kesĆ¢ DeefYeefveĆeespeve Ćeje DeLe&JĆeJemLee kesĆ¢ efJeefYeVe GlheeokeĆ¢ #es$eeW ceW ĆeespeveeyeƦ {bie mes ue#Će Ćeehle efkeĆ¢S peeSb.
GĆ eceJeej $e+Ce mebmke=Ć¢efle efJekeĆ¢efmele keĆ¢jvee Deewj heefjĆeeueve mÅ”e@HeĆ¢ keĆ¢es menĆeesie Ćeoeve keĆ¢jvee.
efJeefYeVe $e+Ceer JeieeX keĆ¢es DeeJeMĆekeĆ¢lee hej DeeOeeefjle Deewj meceĆe hej $e+Ce megefJeOee GheueyOe keĆ¢jJeevee.
mJeerke=Ć¢eflehetJe&, mJeerke=Ć¢efle Ghejeble ceeefveÅ”efjbie, heĆe&Jes#eCe Deewj DevegJeleea keĆ¢oce G"eles ngS $e+Ce ĆeyebOeve keĆ¢ewMeue keĆ¢es ĆeYeeJeer yeveevee leeefkeĆ¢ yeQkeĆ¢ ceW keĆ¢ejiej $e+Ce mebmke=Ć¢efle efJekeĆ¢efmele keĆ¢er pee mekesĆ¢ leLee $e+Ce mebefJeYeeie keĆ¢es iegCeJeĆ²ee ĆegĆ²eĆ¢ yeveeĆee pee mekesĆ¢.
iegCeJeĆ²ee cetuĆeebkeĆ¢ve SJeb lelhejlee kesĆ¢ meeLe efJemle=le ceeie&efveosMeeW keĆ¢er hetCe& Devegheeueve DeefOekeĆ¢ ĆeYeeJehetCe& {bie mes keĆ¢jles ngS $e+Ce ĆemleeJeeW hej keĆ¢eĆe&Jeener keĆ¢jvee.
eqJeefYeVe efJeefveĆeecekeĆ¢ DeeJeMĆekeĆ¢leeDeeW efJeMes<e Ā¤he mes YeejleerĆe efjpeJe& yeQkeĆ¢ / DevĆe ĆeeefOekeĆ¢eefjĆeeW, SkeƤmeHeespej ceeveob[eW, ĆeeLeefcekeĆ¢lee Ćeehle #es$e kesĆ¢ ceeveob[eW, DeeĆe henĆeeve Deewj Deeefmle JeieeakeĆ¢jCe ceeie&efveoxMe, hetbpeer heĆee&hlelee, $e+Ce peesefKece ĆeyebOeve ceeie&efveoxMeeW Deeefo keĆ¢er Devegheeuevee keĆ¢jvee.
yeQkeĆ¢ keĆ¢er mebjĆevee Deewj ĆeCeeefueĆeeb
yeQkeĆ¢ ceW peesefKece ĆeyebOeve keĆ¢eĆe&keĆ¢ueeheeW keĆ¢er osKejsKe leLee mecevJeĆe keĆ¢eĆeex kesĆ¢ efueS yees[& Ćeje efveosMekeĆ¢eW keĆ¢er SkeĆ¢ Ghemeefceefle keĆ¢e ie"ve efkeĆ¢Ćee ieĆee nw.
$e+Ce veerefleĆeeW meefnle efJeefYeVe $e+Ce peesefKece veerefleĆeeW keĆ¢es lewĆeej keĆ¢jves Deewj Gve keĆ¢e efāŗeĆ¢ĆeevJeĆeve megefveefMĆele keĆ¢jves, $e+Ce Ćeoeve keĆ¢jves mebyebOeer
b. Strategies and Processes The bank has a well defined Loan Policy & Investment
Policy covering the important areas of credit risk management as under: Exposure ceilings to different sectors of the economy,
different types of borrowers and their group and industry
Fair Practice Code in dispensation of credit Discretionary Lending Powers for different levels of
authority of the bank Processes involved in dispensation of credit ā pre-
sanction inspection, rejection, appraisal, sanction, documentation, monitoring, and recovery.
Fixation of pricing.c. the Credit Risk philosophy, architecture and systems
of the bank are as under Credit Risk Philosophy
To optimize the risk and return envisaged in order to see that the Economic Value Addition to Shareholders is maximized and the interests of all the stakeholders are protected alongside ensuring corporate growth and prosperity with safety of bankās resources.
To regulate and streamline the financial resources of the bank in an orderly manner to enable the various channels to incline and achieve the common goal and objectives of the Bank.
To comply with the national priorities in the matter of deployment of institutional finance to facilitate achieving planned growth in various productive sectors of the economy.
To instill a sense of credit culture enterprise-wide and to assist the operating staff.
To provide need-based and timely availability of credit to various borrower segments.
To strengthen the credit management skills namely pre-sanction, post-sanction monitoring, supervision and follow-up measures so as to promote a healthy credit culture and maintain quality credit portfolio in the bank.
To deal with credit proposals more effectively with quality assessment, speedy delivery, in full compliance with extant guidelines.
To comply with various regulatory requirements, more particularly on Exposure norms, Priority Sector norms, Income Recognition and Asset Classification guidelines, Capital Adequacy, Credit Risk Management guidelines etc. of RBI/other Authorities.
Architecture and Systems of the Bank: A Sub-Committee of Directors has been constituted
by the Board to specifically oversee and co-ordinate Risk Management functions in the bank.
Credit Policy Committee has been set up to formulate and implement various credit risk strategy including lending policies and to monitor Bankās Enterprise-wide Risk Management function on a regular basis.
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veerefleĆeeW Deewj yeQkeĆ¢ keĆ¢er GĆ eceJeej peesefKece ĆeyebOeve keĆ¢eĆeex keĆ¢er efveĆeefcele osKejsKe keĆ¢jves kesĆ¢ efueS $e+Ceveerefle meefceefle keĆ¢e ie"ve efkeĆ¢Ćee ieĆee nw.
$e+Ce ĆemleeJeeW kesĆ¢ ceevekeĆ¢eW, efJeĆ²eerĆe ĆemebefJeoeDeeW, jsefÅ”bie ceevekeĆ¢eW leLee yeWĆeceeke&Ć¢ kesĆ¢ mebyebOe ceW ceevekeĆ¢ veerefleĆeeb lewĆeej keĆ¢jvee.
$e+Ce peesefKece ĆeyebOeve keĆ¢#e efveOee&efjle meerceeDeeW kesĆ¢ lenle henĆeeve, mlej, osKejsKe leLee $e+Ce peesefKece efveĆeb$eCe mebyebOeer keĆ¢eĆe& osKeles nQ.
yees[& / efveĆeecekeĆ¢eW Deeefo Ćeje lewĆeej efkeĆ¢S ieS peesefKece ceeveob[ leLee mebYeeJevee meerceeDeeW keĆ¢es ueeiet keĆ¢jvee leLee GvekeĆ¢e Devegheeueve megefveefMĆele keĆ¢jvee.
peesefKece cetuĆeebkeĆ¢ve ĆeCeeefueĆeeW keĆ¢es lewĆeej keĆ¢jvee, Sce DeeF& Sme keĆ¢e efJekeĆ¢eme keĆ¢jvee Deewj $e+Ce mebefJeYeeie keĆ¢er iegCeJeĆ²ee keĆ¢er osKejsKe, mecemĆeeDeeW keĆ¢er henĆeeve, keĆ¢ceer keĆ¢es hetje keĆ¢jvee.
mebefJeYeeie cetuĆeebkeĆ¢ve keĆ¢jvee, DeLe&JĆeJemLee, GĆ eesie hej legueveelcekeĆ¢ efJeJesĆevee lewĆeej keĆ¢jvee, $e+Ce mebefJeYeeie hej ueĆeeruesheve keĆ¢e hejer#eCe keĆ¢jvee.
lewĆeej efkeĆ¢S ieS efveĆeceeW Deewj ceeie& efveoxMeeW keĆ¢er hetCe& Ā¤he mes Devegheeuevee kesĆ¢ efueS $e+Ce meghego&ieer ĆeCeeueer ceW megOeej ueevee.
Ie. peesefKece efjheexefÅ”bie keĆ¢er mebYeeJeveeSb Je Ćeke=Ć¢efle Deewj/DeLeJee DeekeĆ¢ueve heƦefle
yeQkeĆ¢ kesĆ¢ heeme Deheves $e+Ce peesefKece kesĆ¢ efueS keĆ¢Ć[er $e+Ce peesefKece jsefÅ”bie ĆeCeeueer GheueyOe nw. $e+Ce peesefKeceeW keĆ¢es keĆ¢ce keĆ¢jves kesĆ¢ ĆeYeeJeer GheeĆeesb ceW efkeĆ¢meer Yeer Deeefmle efJeMes<e ceW peesefKece keĆ¢er mebYeeJeveeDeeW keĆ¢e helee ueieevee, megĆĆ{ Deeefmle iegCeJelee osKejsKe, yeQkeĆ¢ keĆ¢er meceĀ«e keĆ¢eĆe&veerefle Deewj $e+Ceveerefle kesĆ¢ DevegĀ¤he Dehesef#ele peesefKece efjÅ”ve& ceeveob[eW keĆ¢es hetje keĆ¢jves kesĆ¢ efueS DeeefmleĆeeW keĆ¢er keĆ¢erceleeW keĆ¢es ueĆeeruee yeveevee Meeefceue nw.
yeQkeĆ¢ keĆ¢er keĆ¢Ć[er $e+Ce peesefKece jsefÅ”bie ĆeCeeueer Devleje&Ā°erĆe mlej hej DeheveeĆes pee jns mJeĀ¤he Deewj efJeĆe keĆ¢er cenlJehetCe& ĆeefāŗeĆ¢ĆeeDeeW hej DeeOeeefjle nw Deewj Ćen yeQkeĆ¢ keĆ¢es $e+Ce DeeefmleĆeeW ceW ĆetkeĆ¢ keĆ¢er mebYeeJeveeDeeW keĆ¢e efveOee&jCe keĆ¢jves leLee ĆetkeĆ¢ keĆ¢er iebYeerjlee keĆ¢e helee ueieeves ceW menĆeesie keĆ¢jleer nw Deewj Fme ĆekeĆ¢ej Ćen ĆeCeeueer yeQkeĆ¢ keĆ¢es heƦefle efvecee&Ce leLee Deeefmle iegCeJeĆ²ee keĆ¢es yejkeĆ¢jej jKeves ceW ceoo keĆ¢jleer nw.
Ć[. $e+Ce peesefKece kesĆ¢ mebyebOe ceW cee$eelcekeĆ¢ ĆekeĆ¢Å”erkeĆ¢jCe efvecceevegmeej nQ:
Formulating policies on standards for credit proposals, financial covenants, rating standards and benchmarks.
Credit Risk Management cells deal with identification, measurement, monitoring and controlling credit risk within the prescribed limits.
Enforcement and compliance of the risk parameters and prudential limits set by the Board/regulator etc.,
Laying down risk assessment systems, developing MIS, monitoring quality of loan portfolio, identification of problems and correction of deficiencies.
Evaluation of Portfolio, conducting comprehensive studies on economy, industry, test the resilience on the loan portfolio etc.,
Improving credit delivery system upon full compliance of laid down norms and guidelines.
d. The Scope and Nature of Risk Reporting and / or Measurement System
The Bank has in place a robust credit risk rating system for its credit exposures. An effective way to mitigate credit risks is to identify potential risks in a particular asset, maintain a healthy asset quality and at the same time impart flexibility in pricing assets to meet the required risk-return parameters as per the bankās overall strategy and credit policy.
The bankās robust credit risk rating system is based on internationally adopted frameworks and global best practices and assists the bank in determining the Probability of Default and the severity of default, among its loan assets and thus allows the bank to build systems and initiate measures to maintain its asset quality.
e. The Quantitative Disclosures in respect of Credit Risk are as under:
31.03.2012 keĆ¢es As on 31.03.2012( Mes<e jeefMe keĆ¢jesĆ[ Ā®. ceW Balance Amount in Rs. Crores)
GĆ eesie industry efveefOe DeeOeeefjleFund based
iewjefveefOe DeeOeeefjlenon Fund Based
kegĆ¢uetotal
(i) kegĆ¢ue mekeĆ¢ue $e+Ce peesefKece yekeĆ¢eĆee Mes<e (JewefĆekeĆ¢)
(i) Total gross credit risk outstanding balance (global)
291007.34 51027.99 342035.33
(ii) yekeĆ¢eĆee Mes<e keĆ¢e YeewieesefuekeĆ¢ efJelejCe (ii) Geographic distribution of outstanding balance
1. Iejsuet 1. Domestic 205453.59 42047.66 247501.25
2. efJeosMeer 2. Overseas 85553.75 8980.33 94534.08
(iii) yekeĆ¢eĆee Mes<e keĆ¢e GĆ eesie kesĆ¢ Ā¤he ceW efJelejCe (Iejsuet)
(iii) Industry distribution of outstanding balance (Domestic)
GĆ eesie Industry
keĆ¢esĆeuee COAL 136.16 239.23 375.39
Keveve MINING 890.09 216.79 1106.88
ueewn SJeb Fmheele IRON & STEEL 10093.75 3470.47 13564.22
DevĆe Oeeleg SJeb Oeeleg Glheeo OTHER METALS & METAL PRODUCT
2969.98 986.53 3956.51
meYeer FbpeerefveĆeefjbie ALL ENGINEERING 5638.66 4803.88 10442.54
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GĆ eesie industry efveefOe DeeOeeefjleFund based
iewjefveefOe DeeOeeefjlenon Fund Based
kegĆ¢uetotal
efpemeceW mes FueskeĆ¤Å”^e@efvekeƤme OF WHICH : ELECTRONICS 1215.98 376.91 1592.89
efJeĆ egle (pesvejsMeve SJeb Å”^ebmeefceMeve) ELECTRICITY (TRANS. & DISTR.) 6800.47 491.63 7292.10
keĆ¢e@Å”ve Å”skeƤmeÅ”eFume COTTON TEXTILES 3906.07 412.00 4318.07
petÅ” Å”skeƤmeÅ”eFume JUTE TEXTILES 144.43 41.48 185.91
DevĆe Å”skeƤmeÅ”eFume OTHERS TEXTILES 5654.79 1360.74 7015.53
Ćeerveer SUGAR 797.64 5.90 803.54
ĆeeĆe TEA 25.22 2.99 28.21
HetĆ¢[ Ćeesmesefmebie FOOD PROCESSING 2570.71 209.23 2779.94
JesefpeÅ”syeue Dee@Ćeue (Jevemheefle meefnle) VEGETABLE OILS (INCL.VANASPA 566.15 1807.71 2373.85
lecyeeketĆ¢ SJeb lecyeeketĆ¢ Glheeo TOBACCO & TOBACCO PRODUCTS
303.38 181.35 484.73
keĆ¢eiepe SJeb keĆ¢eiepe Glheeo PAPER & PAPER PRODUCTS 1352.24 303.56 1655.79
jyeĆ[ SJeb jyeĆ[ Glheeo RUBBER & RUBBER PRODUCTS 572.75 85.31 658.06
kesĆ¢efcekeĆ¢ue, [eF& heWÅ”me SJeb HeĆ¢ecee&. CHEMICALS,DYES,PAINTS & PHAR
6843.36 2823.07 9666.43
efpemecesb mes OF WHICH :
HeĆ¢efÅ”&ueeFpeme& FERTILIZERS 612.85 1522.92 2135.76
hesÅ”^es kesĆ¢efcekeĆ¢ume PETRO-CHEMICALS 918.73 82.44 1001.18
[^ie SJeb HeĆ¢ecee&mĆetefÅ”keĆ¢ume DRUGS & PHARMACEUTICALS 2265.23 452.38 2717.60
meerceWÅ” CEMENT 1095.15 262.82 1357.97
uesoj SJeb uesoj Glheeo LEATHER & LEATHER PRODUCTS 378.04 88.48 466.52
pescme SJeb pJesuejer GEMS & JEWELLERY 1148.06 114.35 1262.41
efvecee&Ce CONSTRUCTION 4764.36 912.21 5676.58
hesÅ”^esefueĆece PETROLEUM 3832.23 192.31 4024.54
Å”^keĆ¢ meefnle Dee@Å”esceesyeeFue AUTOMOBILES INCLUDING TRUCKS 2012.13 548.44 2560.56
keĆ¢chĆetÅ”j mee@HeĆ¤Å”JesĆej COMPUTER SOFTWARE 101.04 667.44 768.48
DeeOeejYetle megefJeOeeSB INFRASTRUCTURE 22451.50 5152.26 27603.76
efpemecesb mes OF WHICH:
Tpee& (GlHeeove) POWER (GENERATION) 7501.22 2643.11 10144.34
otj mebĆeej TELECOMMUNICATION 5824.84 689.91 6514.75
meĆ[keĆ¢ ROADS 4961.88 1134.84 6096.72
yebojieen PORTS 1658.34 29.56 1687.90
DevĆe DeeOeejYetle megefJeOeeSb OTHER INFRASTRUCTURE 2505.21 654.84 3160.06
iewj yeQefkebĆ¢ie efJeĆ²eerĆe keĆ¢cheefveĆeeb NBFCs 12705.94 39.72 12745.66
Å”^sef[bie TRADING 8784.96 5979.73 14764.69
DevĆe GĆ eesie OTHER INDUSTRIES 5364.97 2204.63 7569.60
efpemeceW mes : HesĆe HeoeLe& OF WHICH: BEVERAGES 277.17 3.05 280.22
uekeĆ¢Ć[er WOOD 477.60 127.45 605.05
iueeme GLASS 783.93 186.11 970.05
hueeefmÅ”keĆ¢ PLASTIC 2148.64 697.20 2845.84
kegĆ¢ue TOTAL 111904.24 33604.25 145508.49
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GĆ eesieeW ceW $e+Ce SkeƤmehees]pej, peneb yekeĆ¢eĆee SkeƤmehees]pej yeQkeĆ¢ kesĆ¢ kegĆ¢ue Iejsuet $e+Ce SkeƤmehees]pej kesĆ¢ 5% mes DeefOekeĆ¢ nw, Fme ĆekeĆ¢ej nw,
āŗeĆ¢ce mebKĆeeSr no
GĆ eesieindustry
SkeƤmehees]pej jeefMe (keĆ¢jesĆ[ Ā®. ceW)Exposure amt. (in cr.)
kegĆ¢ue Iejsuet SkeƤmehees]pej keĆ¢e %% of total Domestic
Exposure
1 Å”^sef[bie Trading 14764.69 5.97
2 ueewn Deewj Fmheele Iron and Steel 13564.22 5.48
3 SveyeerSHeĆ¢meer NBFC 12745.66 5.15
Će. DeeefmleĆeeW keĆ¢er DeJeefMeĀ° heefjhekeƤJelee keĆ¢e efJeĆues<eCe 31 ceeĆe& 2012 keĆ¢es DeeeqmleĆeeW keĆ¢e DeJeefMeā mebefJeoeiele HeefjHekeƤJelee efJeMues<eCe -
meceĆeeJeefOe timebucket
DeefĀ«ece Advances efveJesMe investments DevĆe efJeosMeer cegƵe DeeefmleĆeebOther Foreign Currency Assets
kegĆ¢ue DeeefmleĆeeb total
Assets (A+B+C)
ĆeefleMele%age
Iejsuet Ā®.Domestic
Rupee
Iejsuet efJeosMeer cegƵe
Domestic Fgn
Currency
efJeosMeerint'l
kegĆ¢ue (S)total (A)
IejsuetDomestic
efJeosMeerint'l
kegĆ¢ue (yeer)total (B)
IejsuetDomestic
efJeosMeerint'l
kegĆ¢ue (meer)total (C )
1 efove 1 Day 1689.14 57.59 591.48 2338.20 418.32 1.33 419.65 71.43 7939.96 8011.39 10769.24 2.60%
2-7 efove 2-7 Days 2773.08 120.28 3357.50 6250.86 1186.93 0.00 1186.93 142.56 6795.22 6937.78 14375.57 3.46%
8-14 efove 8-14 Days 6385.73 456.24 1762.56 8604.54 287.03 3.30 290.33 803.43 3050.53 3853.96 12748.82 3.07%
15-28 efove 15-28 Days 2392.66 213.29 3782.63 6388.59 702.96 61.55 764.51 1954.66 1878.22 3832.88 10985.98 2.65%
29 efove-90 efove 29-90 Days 14454.43 1061.07 21019.83 36535.33 5531.30 206.11 5737.41 2085.88 6985.74 9071.62 51344.37 12.37%
3 cenerves-6 cenerves 3-6 months 11752.04 2308.70 15856.16 29916.90 765.66 465.83 1231.49 50.87 5822.77 5873.64 37022.03 8.92%
6 cenerves-12 cenerves 6 - 12 months 19377.64 378.42 7919.82 27675.88 1393.43 239.67 1633.10 0.00 6293.47 6293.47 35602.45 8.58%
1 Je<e&-3 Je<e& 1-3 years 78154.92 987.66 16357.23 95499.81 12170.52 657.75 12828.27 104.54 79.15 183.69 108511.76 26.15%
3 Je<e&-5 Je<e& 3-5 years 20235.90 0.00 10819.14 31055.04 9320.52 1272.73 10593.25 0.00 30.26 30.26 41678.54 10.05%
5 Je<e& mes DeefOekeĆ¢ Over 5 years 39276.61 0.00 3835.54 43112.15 47488.34 1036.14 48524.47 0.00 233.75 233.75 91870.37 22.14%
kegĆ¢ue TOTAL 196492.14 5583.25 85301.90 287377.29 79264.99 3944.41 83209.40 5213.37 39109.07 44322.44 414909.13 100.00%
veesÅ” : Fme DeebkeĆ¢Ć[s ces nceejer Deheveer MeeKeeDeeWs kesĆ¢ heeme ceewpeto efJeosMeer cegoe efveefOeĆeeb, peesefkeĆ¢ leguevehe$e Deblej keĆ¢eĆee&ueĆe meceeĆeespeve keĆ¢e Yeeie nesleer nw, Meeefceue vener nw.
Ć. iewj eqve<heeokeĆ¢ DeefĀ«eceeW SJeb efveJesMeeW kesĆ¢ yeejs ceW ĆekeĆ¢Å”erkeĆ¢jCe
āŗeĆ¢ceebkeĆ¢Sr. no.
Deeefmle ĆesCeer Asset Category jeeqMe keĆ¢jesĆ[ ` ceWAmount in ` Crores
i SveheerS (mekeĆ¢ue) i NPAs (Gross): 4464.75
DeJeceevekeĆ¢ Substandard 2661.82
mebefoiOe 1 Doubtful 1 664.60
mebefoiOe 2 Doubtful 2 531.01
mebefoiOe 3 Doubtful 3 123.10
neefve Loss 484.22
Credit exposure in industries where out standing exposure is more than 5% of the total domestic credit exposure of the bank are as follows:
f . Residual maturity breakdown of assets Residual contractual maturity breakdown of Assets - As on 31st March
2012
g. Disclosures in respect of Non Performing Advances and Investments
NOTE: * This figure excludes the foreign currency funds with our own branches which forms a part of Inter Office Adjustment in Balance Sheet
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āŗeĆ¢ceebkeĆ¢Sr. no.
Deeefmle ĆesCeer Asset Category jeeqMe keĆ¢jesĆ[ ` ceWAmount in ` Crores
ii MegƦ SveheerS ii Net NPAs
kegĆ¢ue Total 1543.64
iii SveheerS Devegheele iii NPA Ratios
mekeĆ¢ue DeefĀ«eceeW ceW mekeĆ¢ue SveheerS Gross NPAs to gross advances 1.53%
efveJeue DeefĀ«ece ceW efveJeue SveheerS Net NPAs to net advances 0.54%
iv SveheerS (mekeĆ¢ue) keĆ¢e cetJeceWÅ” iv Movement of NPA(Gross)
ĆeejbefYekeĆ¢ Mes<e Opening balance 3152.50
peesĆ[ Additions 3443.31
IeŔeJe Reductions 2131.06
Deefvlece Mes<e Closing balance 4464.75
v SveheerS kesĆ¢ efueS ĆeeJeOeeve keĆ¢e cetJeceWÅ” v Movement of provisions for NPAs
ĆeejbefYekeĆ¢ Mes<e Opening balance 2361.62
Je<e& kesĆ¢ oewjeve efkeĆ¢Ćee ieĆee ĆeeJeOeeve Provisions made during the year 1836.42
yeĆ³s Keeles/DeefOekeĆ¢ ĆeeJeOeeve keĆ¢e hegvejebkeĆ¢ve Write off/ Write back of excess provision 1276.93
Deefvlece Mes<e Closing balance 2921.11
vi iewj efve<heeokeĆ¢ efveJesMe vi Non Performing Investments
iewj efve<heeokeĆ¢ efveJesMe keĆ¢er jeeqMe Amount of Non-Performing Investments 339.55
iewj efve<heeokeĆ¢ efveJesMe kesĆ¢ efueS jKes ieĆes ĆeeJeOeeve keĆ¢er jeeqMe
Amount of provisions held for non-performing investment
291.34
vii Je<e& kesĆ¢ oewjeve efveJesMe hej cetuĆeĆeme nsleg ĆeeJeOeeveeW keĆ¢e cetJeceWÅ”
vii Movement of provisions for depreciation on investments during the year
ĆeejbefYekeĆ¢ Mes<e Opening balance 479.53
DeJeefOe kesĆ¢ oewjeve efkeĆ¢Ćee ieĆee ĆeeJeOeeve Provisions made during the period *364.20
hegvejebkeĆ¢ve Write-back 141.80
Deefvlece Mes<e Closing balance 701.93
* Ā®. 21.96 keĆ¢jesĆ[ kesĆ¢ efJeefveceĆe Gleej-ĆeĆ{eJe keĆ¢es Devleje&Ā°^erĆe SkeƤmehees]pej kesĆ¢ efueS meceeĆeesefpele efkeĆ¢Ćee ieĆee nw. *Exchange fluctuation of Rs. 21.96 cr has been adjusted for international exposure.
V. $e+Ce peesefKece : ceevekeĆ¢erke=Ć¢le heƦefle kesĆ¢ lenle heesÅ”&HeĆ¢esefueĆees nsleg ĆekeĆ¢Å”erkeĆ¢jCe
ceevekeĆ¢errke=Ć¢le heƦefle kesĆ¢ lenle yeQkeĆ¢, YeejleerĆe efjpeJe& yeQkeĆ¢ Ćeje Devegceesefole meYeer F&meerSDeeF& (yeeĀ¢e $e+Ce cetuĆeekeĆ¢ve mebmLeeve) ĆeLee meerSDeejF&, efāŗeĆ¢efmeue, efHeĆ¢Će (Fbef[Ćee), Deewj DeeFmeerDeejS keĆ¢er Iejsuet $e+Ce SkeƤmeheespej nsleg jsefÅ”bie keĆ¢es mJeerkeĆ¢ej keĆ¢jlee nw. efJeosMeer $e+Ce SkeƤmeheespej kesĆ¢ efueS yeQkeĆ¢ mÅ”sC[[& SJeb hetDej, cet[er, leLee efHeĆ¢Će keĆ¢er jsefÅ”bie mJeerkeĆ¢ej keĆ¢jlee nw.
yeQkeĆ¢ keĆ¢eheexjsÅ” leLee meeJe&peefvekeĆ¢ #es$e Ćeefleā°eve kesĆ¢ GOeejkeĆ¢lee&DeeW keĆ¢es F&meerSDeeF& mes jsefÅ”bie uesves keĆ¢es Ćeeslmeeefnle keĆ¢jlee nw Deewj peneB keĆ¢ner Ssmeer jsefÅ”bie GheueyOe nw, JeneB peesefKece hej DeeefmleĆeeW keĆ¢er ieCevee kesĆ¢ efueS Fve jsefÅ”bieeW keĆ¢e GheĆeesie efkeĆ¢Ćee nw.efvecveefueefKele leerve ĆecegKe peesefKece mecetneW ceW ceevekeĆ¢erke=Ć¢le heƦefle (cetuĆeebefkeĆ¢le Deewj iewj cetuĆeebefkeĆ¢le) kesĆ¢ Devegmeej peesefKece keĆ¢ce keĆ¢jves kesĆ¢ heĀ§eele, peesefKece jeefMeĆeeB Fme ĆekeĆ¢ej nw.
V. Credit risk : Disclosures for portfolios subject to the standardised approach
Under Standardized Approach the bank accepts rating of all RBI approved ECAI (External Credit Assessment Institution) namely CARE, CRISIL, Fitch (India), , ICRA and Brickwork India Pvt Ltd for domestic credit exposures. For overseas credit exposures the bank accepts rating of Standard & Poor, Moodyās and Fitch.
The bank encourages Corporate and Public Sector Entity (PSE) borrowers to solicit credit ratings from ECAI and has used these ratings for calculating risk weighted assets wherever such ratings are available. The exposure amounts after risk mitigation subject to Standardized Approach (rated and unrated) in the following three major risk buckets are as under:
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peesefKece Yeej keĆ¢er ĆesCeer Category of Risk Weight kegĆ¢ue/total
100% peesefKece Yeej mes keĆ¢ce Below 100% risk weight 189250.86
100% peesefKece Yeej 100% risk weight 110400.37
100% peesefKece Yeej mes DeefOekeĆ¢ More than 100 % risk weight 18366.75
kegĆ¢ue meerDeejSce keĆ¢Å”ewleer CRM DEDUCTED 24017.35
kegĆ¢ue SkeƤmehees]pej (SHeĆ¢ yeer+Sve SHeĆ¢ yeer) Total Exposure (FB+NFB) 342035.33
Vi. DeefĀ«ece peesefKece vĆetveerkeĆ¢jCe
keĆ¢. yeQkeĆ¢ Deheves GOeejkeĆ¢lee&DeeW hej SkeƤmeheespej (efveefOe DeeOeeefjle leLee iewj efveefOe DeeOeeefjle) keĆ¢es mebjef#ele keĆ¢jves kesĆ¢ efueS efJeefYeVe ĆekeĆ¢ej keĆ¢er ĆeefleYetefleĆeeB (pees efkeĆ¢ mebheeefĆe&keĆ¢ Ā¤he ceW Yeer nes mekeĆ¢leer nw) Ćeehle keĆ¢jles nQw. yeQkeĆ¢ ves YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW kesĆ¢ Devegmeej kegĆ¢Ć DeefĀ«ece peesefKece vĆetve keĆ¢jves kesĆ¢ yeejs ceW SkeƤmeheespej ceW keĆ¢ceer keĆ¢er veerefle keĆ¢es DeheveeĆee nw, peneb keĆ¢neR keĆ¢eheexjsÅ” ieejbÅ”er DeefĀ«ece peesefKece vĆetve keĆ¢jves kesĆ¢ Ā¤he ceW GheueyOe nw, DeefĀ«ece peesefKece GheueyOe ieejbÅ”er keĆ¢er meercee lekeĆ¢ ieejbÅ”eroeleeDeeW keĆ¢es Debleefjle efkeĆ¢Ćee peelee nw. meeceevĆele: efvecveefueefKele ĆekeĆ¢ej keĆ¢er ĆeefleYetefleĆeeB (cegKĆe ĆeefleYetefleĆeeB DeLeJee mebHeeefĆe&keĆ¢ ĆeefleYetefleĆeeB) ueer peeleer nQw.
1. mÅ”e@keĆ¢, Ćeue ceMeervejer FlĆeeefo pewmeer Ćeue DeeefmleĆeeB. 2. Yetefce, efyeefu[bie, hueebÅ” leLee ceMeervejer pewmeer DeĆeue DeefmleĆeeB. 3. Devegceesefole metĆeer kesĆ¢ Devegmeej MesĆej 4. yeQkeĆ¢ keĆ¢er mJeeefOeke=Ć¢le peceejeefMeĆeeB. 5. jeĀ°erĆe yeĆele ĆeceeCehe$e, efkeĆ¢meeve efJekeĆ¢eme he$e, SueDeeFmeer hee@efueefmeĆeeB,
kesĆ¢vƵerĆe/jepĆe mejkeĆ¢ejeW Deeefo Ćeje peejer keĆ¢er ieF& HeĆefleYetefleĆeeB FlĆeeefo 6. $e+Ce HeĆefleYetefleĆeeb - keĆ¢efleHeĆe Meleexb kesĆ¢ meeLe Devegceesefole keĆsĆ¢ef[Å” jsefÅ”bie
Spesvmeer Ćeje jsefÅ”bie ĆøeeHle 7. $e+Ce HeĆefleYetefleĆeeb - keĆ¢efleHeĆe MeleesĆ kesĆ¢ meeLe yeQkeĆ¢ Ćeje peejer keĆ¢er ieF&-
iewj-jsefÅ”bie ĆøeeHle 8. cĆetĆegDeue HebĆ¢[eW keĆ¢er ĆetefveÅ”W 9. iewj efveefOe DeeOeeefjle megefJeOeeDeeW kesĆ¢ hesÅ”s vekeĆ¢oer ceeefpe&ve. 10. mJeCe& SJeb mJeCe& DeeYet<eCe
yeQkeĆ¢ ves, yeQkeĆ¢ keĆ¢es ĆeYeeefjle ĆeefleYetefleĆeeW kesĆ¢ cetuĆeebkeĆ¢ve kesĆ¢ mebyebOe ceW yesnlej veerefle lewĆeej keĆ¢er nw.
yeQkeĆ¢ ves Thej āŗeĆ¢ce mebKĆee 4 mes 10 hej GefuueefKele ĆeefleYetefleĆeeW keĆ¢es $e+Ce peesefKece nsleg ceevekeĆ¢erkeĆ¢=le heƦefle yeemesue-II kesĆ¢ Devleie&le $e+Ce peesefKece keĆ¢ceer keĆ¢ejkeĆ¢ kesĆ¢ Ā¤he ceW efueĆee nw]
yeQkeĆ¢ kesĆ¢ $e+Ce peesefKece kesĆ¢ SJepe ceW ieejbÅ”eroeleeDeeW kesĆ¢ ĆecegKe ĆekeĆ¢ej efvecveevegmeej nQ:
JewĆeefkeƤlekeĆ¢ (JĆeefĆ²eĆ¢iele ieejbefÅ”Ćeeb) keĆ¢eheexjsÅ”dme kesĆ¢vƵerĆe mejkeĆ¢ej jepĆe mejkeĆ¢ej F&meerpeermeer meerpeerÅ”erSceSmeF&
meerDeejSce mebheeefĆe&keĆ¢ ĆecegKele: yeQkeĆ¢ keĆ¢er mJeĆeb keĆ¢er pecee-jeefMeĆeeW kesĆ¢ hesÅ”s $e+CeeW ceW Deewj mejkeĆ¢ejer ĆeefleYetefleĆeeW, SueDeeF&meer hee@efueefmeĆeeW kesĆ¢ hesÅ”s $e+CeeW ceW
a. Bank obtains various types of securities (which may also be termed as collaterals) to secure the exposures (Fund based as well as Non-Fund based) on its borrowers. Bank has adopted reduction of exposure in respect of certain credit risk mitigant, as per RBI guidelines. Wherever corporate guarantee is available as credit risk mitigant, the credit risk is transferred to the guarantor to the extent of guarantee available. Generally following types of securities (whether as primary securities or collateral securities) are taken: 1. Moveable assets like stocks, moveable machinery
etc.2. Immoveable assets like land, building, plant &
machinery.3. Shares as per approved list 4. Bankās own deposits5. NSCs, KVPs, LIC policies, Securities issued by
Central & State Governments etc.6. Debt securities - rated by approved credit rating
agency- with certain conditions7. Debt securities- not rated- issued by a bank- with
certain conditions8. Units of Mutual funds9. Cash Margin against Non-fund based facilities10. Gold and Gold Jewelry. The bank has well-laid out policy on valuation of
securities charged to the bank. The securities mentioned at Sr. No. 4 to 10 above are
recognized as Credit Risk Mitigants under Basel-II standardized approach for credit risk.
The main types of guarantors against the credit risk of the bank are: Individuals (Personal guarantees) Corporates Central Government State Government ECGC CGTMSE
CRM collaterals available in Loans Against Bankās Own Deposit and Loans against Government Securities, LIC Policies constitute a major percentile of total CRM.
CRM securities are also taken in non fund based facilities like Guarantees and Letters of Credit.
jeefMe keĆ¢jesĆ[ Ā®heĆes ceW / Amount in Cr.
Vi. Credit risk mitigation:
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GheueyOe nesles nQ DeLee&le Ćes kegĆ¢ue meerDeejSce keĆ¢e ĆecegKe Yeeie nesles nQ. meerDeejSce ĆeefleYetefleĆeeb, iewj efveefOe DeeOeeefjle megefJeOeeDeeW pewmes ieejbefÅ”ĆeeW Deewj $e+Ce-he$eeW ceW Yeer ueer peeleer nQ.
yeQkeĆ¢ kesĆ¢ SkeƤmeheespeme& kesĆ¢ mebyebOe ceW meerDeejSce kesĆ¢ Ā¤he ceW GheueyOe hee$e ieejbÅ”jesb (yeemesue ~~ kesĆ¢ Devegmeej) ceW kesĆ¢vƵerĆe/jepĆe mejkeĆ¢ej, F&meerpeermeer, meerpeerÅ”erSmeDeeF&, keĆ¢eGbŔŔ HeeÅ”er & keĆ¢er DeHes#ee keĆ¢ce peesefKece Yeej Jeeues yeQkeĆ¢ Je HeĆeLeefcekeĆ¢ [eruej leLee DevĆe mebmLeeSb (cegKĆele: HesjWÅ”, Deveg<ebieer leLee mebyebƦ kebĆ¢HeefveĆeeb) efpevnW SS (-) Ćee yesnlej jsefÅ”bie oer ieF& nw, Meeefceue nQ.
Ke. ĆelĆeskeĆ¢ $e+Ce peesefKece mebefJeYeeie kesĆ¢ efueS kegĆ¢ue SkeƤmeheespej, pees efkeĆ¢ hee$e efJeĆ²eerĆe mebheeefĆe&keĆ¢ Ćeje keĆ¢Jej efkeĆ¢Ćee ieĆee nw, ceeefpe&ve keĆ¢es ueieeves kesĆ¢ heMĆeele efvecveevegmeej nw:
Eligible guarantors (as per Basel-II) available as CRM in respect of Bankās exposures are mainly Central/ State Government, ECGC, CGTMSE, Banks & Primary Dealers with a lower risk weight than the counter party AND other entities (mainly parent, subsidiary and affiliate companies) rated AA(-) or better.
b. For each credit risk portfolio, total exposure that is covered by eligible financial collateral, after application of haircut is as under:
jeefMe keĆ¢jesĆ[ Ā®heĆes ceW Amount in Cr.
$e+Ce peesefKece mebefJeYeeie Credit Risk Portfolio efJeĆ²eerĆe mebheeefĆe&keĆ¢ (ceeefpe&ve heMĆeeled)Financial Collateral (post haircut)
osMeer ieejbŔer Domestic Sovereign 0.26
efJeosMeer ieejbŔer Foreign Sovereign 0.00
meeJe&peefvekeĆ¢ #es$e FkeĆ¢eFĆeeb Public Sector Entities 2419.09
yeQkeĆ¢eW hej oeJes Claims on Banks 186.57
ĆeeLeefcekeĆ¢ [eruej Primary Dealers 0.00
keĆ¢e@heexjsÅ” Corporates 12892.30
#es$eerĆe efjÅ”sue mebefJeYeeie Reg Retail Portfolio 7858.32
DeeJeemeerĆe mebheefĆ²e Residential Property 209.46
JeeefCeefpĆekeĆ¢ efjĆeue FmÅ”sÅ” Commercial Real Estate 50.76
efJeefMeĀ° ĆesefCeĆeeb Specified Categories 374.35
DevĆe DeeefmleĆeeb Other Assets 26.24
]kegĆ¢ue TOTAL 24017.35
c. Details of exposures that are covered by Guarantees (permitted by RBI)
ie. SkeƤmeheespejeW keĆ¢e efJeJejCe, peesefkeĆ¢ ieejbefÅ”ĆeeW Ćeje keĆ¢Jej efkeĆ¢S ieS nQ, (YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje Devegcele)
Deeefmle ĆesCeer Asset category F&meerpeermeerECGC
meerpeerŔerSceSmeF& CGtMSE
SS jsÅ”s[ leLee DeefOekeĆ¢Rated AA and above
jepĆe mejkeĆ¢ej ieejbÅ”er
Guarantee by State Govt
kesĆ¢vƵerĆe mejkeĆ¢ej ieejbÅ”er
Guarantee by Central Govt
osMeer ieejbefÅ”Ćeeb Domestic Sovereigns 0.00 0.00 0.00 0.00 0
meeJe&peefvekeĆ¢ #es$e keĆ¢er FkeĆ¢eFĆeeb Public Sector Entity 0.00 0.13 33.27 7660.80 50.01
yeQkeĆ¢eW hej oeJes Claims on Banks 0.00 0.00 0.00 0.00 0
keĆ¢e@heexjsÅ” Corporates 1724.02 3.12 8.91 0.00 0
efJeefveĆeecekeĆ¢ efjÅ”sue mebefJeYeeie Regulatory Retail Portfolio 103.62 757.36 0.00 0.00 0
DeeJeemeerĆe mebheefĆ²e Residential Property 0.00 0.09 0.00 0.00 0
JeeefCeefpĆekeĆ¢ efjĆeue FmÅ”sÅ” Comml. Real Estate 0.00 0.00 0.00 0.00 0
efJeefMeĀ° ĆesefCeĆeeb Specified Categories 0.00 0.00 0.00 0.00 0
DevĆe DeeefmleĆeeb Other Assets 0.00 0.00 0.00 0.00 0
]kegĆ¢ue TOTAL 1827.64 760.70 42.18 7660.80 50.01
jeefMe keĆ¢jesĆ[ Ā®heĆes ceW Amount in Cr.
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Vii. ĆeefleYetleerkeĆ¢jCe
keĆ¢. yeQkeĆ¢ keĆ¢er ĆeefleYetefle veerefle nw efpemes yees[& Ćeje Devegceesefole efkeĆ¢Ćee ieĆee nw. veerefle kesĆ¢
Devegmeej ĆeefleYetle efkeĆ¢Ćes peeves Jeeues mebefJeYeeie keĆ¢er Ćeke=Ć¢efle efjÅ”sue $e+Ce (DeeJeeme
$e+Ce, Dee@Å”es $e+Ce, heefjmebheefĆ²eĆeeW kesĆ¢ hesÅ”s DeefĀ«ece, JewĆeefĆ²eĆ¢keĆ¢ $e+Ce leLee āŗesĆ¢ef[Å”
keĆ¢e[&dme) SmeSmeDeeF& SJeb DeeOeejYetle heefjĆeespevee $e+Ce nQ.
efoveebkeĆ¢ 31 ceeĆe&, 2012 keĆ¢es yeQkeĆ¢ kesĆ¢ heeme Deheveer DeeefmleĆeeW keĆ¢es ĆeefleYetle keĆ¢jves
keĆ¢e keĆ¢esF& ceeceuee veneR nw.
Ke. ĆeefleYetleerkeĆ¢jCe kesĆ¢ mebyebOe ceW ĆeefleOeeefjle SkeƤmeheespej keĆ¢e keĆ¢esF& ceeceuee veneR nw.
yeQkeĆ¢ Ćeje Kejeros ieS ĆeefleYeteflekeĆ¢jCe SkeƤmeheespej keĆ¢er jeefMe efvecveevegmeej nw:
Vii. Securitisation a. The Bank has a Securitization Policy duly approved by
its Board. As per the Policy the nature of portfolio to be securitized are retail loans (housing loans, auto loans, and advance against properties, personal loans and credit cards) SSI and Infrastructure projects loans.
The Bank does not have any case of its assets securitised as on 31st March, 2012.
b. There is no case of retained exposure in respect of securitization.
Amount of securitization exposure purchased by the bank is as under:-
jeefMe keĆ¢jesĆ[ Ā®heĆes ceW Amount in Cr.
efJeosMeer $e+Ce jsefÅ”bie kesĆ¢ Devegmeej peesefKece Yeej ĆesCeer
Risk weight category as per external credit rating
yener cetuĆeBook value
yeQefkebĆ¢ie yegkeĆ¢ kesĆ¢ Devleie&le jKeer ieĆeer jeefMe
Amt held under banking book
peesefKece Yeej %RW %
peesefKece meceeĆeesefpele cetuĆe
Risk adjusted value
SSS - efāŗeĆ¢efmeue AAA ā CRISIL 44.18 44.18 100 44.18
kegĆ¢ue total 44.18 44.18 100 44.18
c. The bank does not presently plan to securitise any of its standard assets during the year 2012-13.
Viii. Market risk in trading book
The Bank defines market risk as potential loss that the Bank may incur due to adverse developments in market prices. The following risks are managed under Market Risk in trading book:
Interest Rate Risk
Currency Risk
Price risk
To manage risk, Bankās Board has laid down various limits such as Aggregate Settlement limits, Stop loss limits and Value at Risk limits. The risk limits help to check the risks arising from open market positions. The stop loss limit takes in to account realized and unrealized losses.
Bank has put in place a proper system for calculating capital charge on Market Risk on Trading Portfolio as per RBI Guidelines, viz., Standardised Duration Approach. The capital charge thus calculated is converted into Risk Weighted Assets. The aggregate Risk Weighted Assets for credit risk, market risk and operational risk are taken into consideration for calculating the Bankās CRAR under Basel-II.
ie. yeQkeĆ¢ keĆ¢er Je<e& 2012-13 kesĆ¢ oewjeve Deheveer efkeĆ¢meer Yeer ceevekeĆ¢ DeeefmleĆeeW keĆ¢e
ĆeefleYeteflekeĆ¢jCe keĆ¢jves keĆ¢er keĆ¢esF& Ćeespevee veneR nw.
Viii. JĆeeheej yener ceW yeepeej peesefKece
yeQkeĆ¢ yeepeej peesefKece keĆ¢es Ssmeer mebYeeJĆe neefve ceW Jeieeake=Ć¢le keĆ¢jlee nw pees yeepeej cetuĆeeW ceW ĆeefleketĆ¢ue heefjefmLeefleĆeeW kesĆ¢ keĆ¢ejCe nes mekeĆ¢leer nw. JĆeeheej yener ces yeepeej peesefKece kesĆ¢ lenle efvecveefueefKele peesefKece ĆøeyebefOele efkeĆ¢S peeles nQ:
yĆeepe oj peesefKece
keĆ¢jWmeer peesefKece
cetuĆe peesefKece
peesefKece ĆeyebOeve kesĆ¢ efueS yeQkeĆ¢ kesĆ¢ efveosMekeĆ¢ ceb[ue ves efJeefYeVe meerceeSb efveOee&efjle keĆ¢er nQ pewmes mekeĆ¢ue efveheÅ”eve meerceeSb, #eefle jesOe meerceeSb, Deewj cetuĆe peesefKece meercee cetuĆe Deeefo. peesefKece meerceeSb, Kegueer yeepeejiele efmLeefleĆeeW mes GlheVe peesefKeceeW keĆ¢es efveĆebef$ele keĆ¢jleer nQ.#eefle jesOe neefve meercee, Jemetueerke=Ć¢le Deewj DeJemetueerke=Ć¢le neefveĆeeW ceW ueer peeleer nw.
yeQkeĆ¢ ves YeejleerĆe efjpeJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW kesĆ¢ Devegmeej JĆeJemeeĆe mebefJeYeeie hej yeepeej peesefKece mes mebyebefOele hetbpeer ĆeYeej keĆ¢err ieCevee keĆ¢jves kesĆ¢ efueS SkeĆ¢ mecegefĆele heƦefle lewĆeej keĆ¢er nw DeLee&led ceevekeĆ¢erke=Ć¢le DeJeefOe heƦefle. Fme ĆekeĆ¢ej DeekeĆ¢efuele hetbpeer ĆeYeej keĆ¢es peesefKece Yeeefjle DeeefmleĆeeW ceW Ā¤heebleefjle efkeĆ¢Ćee ieĆee nw. $e+Ce peesefKece kesĆ¢ efueS mekeĆ¢ue peesefKece Yeeefjle DeeefmleĆeeW, yeepeej peesefKece Deewj heefjĆeeueve peesefKece keĆ¢es yeemesue-II kesĆ¢ Devleie&le yeQkeĆ¢ kesĆ¢ meerDeejSDeej
efveOee&jCe keĆ¢jves kesĆ¢ efueS efnmeeye ceW efueĆee peelee nw.
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iX. heefjĆeeueve peesefKece YeejleerĆe efjpeJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW kesĆ¢ Devegmeej yeQkeĆ¢ ves heefjĆeeueve peesefKece
nsleg hetbpeer DeeJeMĆekeĆ¢leeDeeW keĆ¢e DeekeĆ¢ueve keĆ¢jves kesĆ¢ efueS DeeOeejYetle metĆekeĆ¢ heƦefle DeheveeĆeer nw. cetue heƦefle kesĆ¢ Devleie&le iele 3 Je<eeX keĆ¢er Deewmele DeeĆe keĆ¢es peesefKece Yeeefjle Deeefmle lekeĆ¢ ueeves keĆ¢es OĆeeve ceW jKee ieĆee nw.
X. yeQefkebĆ¢ie yeefnĆeeW ceW yĆeepe oj peesefKece (DeeF&DeejDeejyeeryeer)keĆ¢ yĆeepe oj peesefKece keĆ¢es oes heƦefleĆeeW kesĆ¢ ceeOĆece mes efveOee&efjle Je ceeveerÅ”j
efkeĆ¢Ćee peelee nw. (i) peesefKece hej DeeĆe (heejbheefjkeĆ¢ Devlej efJeMuess<eCe) (DeuheeJeefOe) Fme heƦefle kesĆ¢ lenle yĆeepe ojeW ceW heefjJele&veeW keĆ¢e yeQkeĆ¢ keĆ¢er MegƦ yĆeepe
DeeĆe hej heĆ[ves Jeeues lelkeĆ¢eue ĆeYeeJe keĆ¢e eqJeMues<eCe efkeĆ¢Ćee ieĆee nw. peesefKece hej DeeĆe keĆ¢es efJeefYeVe heefjĆMĆeeW ceW efvecveevegmeej efJeMuesef<ele
efkeĆ¢Ćee ieĆee nw. 1. DeeĆe jsKee peesefKece : DeeefmleĆeeW Deewj osĆeleeDeeW kesĆ¢ efueS 1%
meceeveeblej heefjJele&ve keĆ¢e Devegceeve ueieeĆee ieĆee nw. 2. DeeefmleĆeeW kesĆ¢ efueS ĆesCeer-Jeej efYeVe DeeĆe heefjJele&veeW keĆ¢e Devegceeve
ueieeĆee ieĆee nw Deewj Ćes osĆeleeDeeW hej Yeer ueeiet nesles nQ.
3. SsefleneefmekeĆ¢ ĆeJe=efle kesĆ¢ Devegmeej DeeOeej peesefKece SJeb meceeefnle efJekeĆ¢uhe peesefKece keĆ¢e Devegceeve ueieeĆee ieĆee nw.
(ii) FefkeƤJeÅ”er keĆ¢e DeeefLe&keĆ¢ cetuĆe (DeJeefOe Devlej efJeĆues<eCe) (oerIee&JeefOe)
Ćen keĆ¢eĆe& DeeefmleĆeeW SJeb osĆeleeDeeW keĆ¢er mebMeesefOele DeJeefOe keĆ¢er ieCevee keĆ¢jkesĆ¢ efkeĆ¢Ćee peelee nw leeefkeĆ¢ FefkeƤJeÅ”er keĆ¢er mebMeesefOele DeJeefOe keĆ¢e efveOee&jCe efkeĆ¢Ćee pee mekesĆ¢.
ā¢ Fme heƦefle keĆ¢es DeeĆe ceW efoS HeefjJele&ve nsleg DeeĆe jsKee ceW meceevlej efMeHeĆ¤Å” ceevee peelee nw.
ā¢ FefkeƤJeÅ”er kesĆ¢ DeeefLe&keĆ¢ cetuĆe Hej HeĆYeeJe keĆ¢es pewmee YeejleerĆe efjpeJe& yeQkeĆ¢ ves efJeMuesef<ele efkeĆ¢Ćee nw, efveĆeefcele DeblejeueeW Hej 200 DeeOeej DebkeĆ¢erĆe oj nsleg efJeMuesef<ele efkeĆ¢Ćee peelee nw.
ā¢ mebyebefOele HeefjHekeƤJelee kesĆ¢ efueS yeepeej menyeƦ DeeĆe keĆ¢es mebMeesefOele DeJeefOe keĆ¢er ieCevee ceW HeĆĆegkeƤle efkeĆ¢Ćee peelee nw.
yeQefkeĆ¢ie yeefnĆeeW ceW yewkeĆ¢ kesĆ¢ yĆeepe oj peesefKece keĆ¢e efJeMues<eCe oesveeW Iejsuet leLee efJeosMeer HeefjĆeeueveeW kesĆ¢ efueS efkeĆ¢Ćee peelee nw. Iejsuet HeefjĆeeueveeW kesĆ¢ efueS FefkeƤJeÅ”er kesĆ¢ DeeefLe&keĆ¢ cetuĆe keĆ¢e DeekeĆ¢ueve leLee efveiejeveer efleceener DeeOeej Hej keĆ¢er peeleer nw.
Ke. yĆeepe-ojeW ceW 100 DeeOeej DebkeĆ¢erĆe cetJeceWÅ” kesĆ¢ hesÅ”s yeQkeĆ¢ keĆ¢er MegƦ yĆeepe DeeĆe hej MegƦ ĆeYeeJe Iejsuet heefjĆeeuekeĆ¢eW kesĆ¢ efueS Ā®. 185.22 keĆ¢jesĆ[ nw (Ā®heĆee mebmeeOeve SJeb heefjĆeespeve) peyeefkeĆ¢ Devleje&<Å”^erĆe HeefjĆeeueveeW kesĆ¢ efueS Ćen 92.66 keĆ¢jesĆ[ Ā®heS nw.
iX. Operational risk In line with RBI guidelines, Bank has adopted the Basic
Indicator Approach to compute the capital requirements for Operational Risk. Under Basic Indicator Approach, average income of last 3 years is taken into consideration for arriving at Risk Weighted Assets.
X . interest rate risk in the banking book (iRRBB)a. The interest rate risk is measured and monitored through
two approaches:(i) Earning at Risk (Traditional Gap Analysis) (Short
Term): The immediate impact of the changes in the interest
rates on net interest income of the bank is analysed under this approach.
The Earning at Risk is analysed under different scenarios:
1. Yield curve risk: A parallel shift of 1% is assumed for assets as well as liabilities.
2. Bucket wise different yield changes are assumed for the assets and the same are applied to the liabilities as well.
3. Basis risk and embedded option risk are assumed as per historical trend
(ii) Economic Value of Equity (Duration Gap Analysis) (Long term)
Modified duration of assets and liabilities is computed separately to finally arrive at the modified duration of equity.ā¢ This approach assumes parallel shift in the yield
curve for a given change in the yield.ā¢ ImpactontheEconomicValueofEquityisalso
analysed for a 200 bps rate shock as required by RBI.
ā¢ Marketlinkedyieldsforrespectivematuritiesareused in the calculation of the Modified Duration.
The analysis of bankās Interest Rate Risk in Banking Book (IRRBB) is done for both the Domestic as well as Overseas Operations. The Economic value of equity for Domestic Operations is measured and monitored on a quarterly basis.
b. The net impact on Net Interest Income (NII) of the bank against 100 bps change in interest rates is Rs 185.22 Crore in the Domestic Operations (Rupee resources and deployment) and Rs. 92.66 Crore in International Operations.
Risk Weighted Assets and Capital Charge on Market Risk (as per Standardised Duration Approach) as on 31st March,2012 are as under:-
(Ā®. keĆ¢jesĆ[ ceW Rs. in Cr.)
peesefKece Yeej DeeefmleĆeebRWAs
9% Hej vĆetvelece hetbpeer ĆeceejMinimum Capital Charge at 9%
yĆeepe oj peesefKece Interest Rate Risk 6372.91 573.56
FefkeƤJeÅ”er efmLeefle peesefKece Equity Position Risk 5606.00 504.54
efJeosMeer cegƵe peesefKece Foreign Exchange Risk 225.00 20.25
kegĆ¢ue hetbpeer ĆeYeej Total Capital Charge 12203.91 1098.35
efoveebkeĆ¢ 31 ceeĆe& 2012 keĆ¢es yeepeej peesefKece (ceevekeĆ¢erke=Ć¢le DeJeefOe heƦefle kesĆ¢
Devegmeej) mebyebOeer hetbpeer ĆeYeej leLee peesefKece Jeeueer DeeefmleĆeeb efvecveevegmeej nQ.
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cenlJehetCe& efJeĆ²eerĆe metĆekeĆ¢Key Financial indicators
āŗeĆ¢.meb.S.No.
efJeJejCe ĆeefleMele ceWParticulars (In Percentage)
31.03.2009 31.03.2010 31.03.2011 31.03.2012
1 yĆeepe DeeĆe / Deewmele keĆ¢eĆe&Meerue efveefOeĆeeb (S[yuĆetSHeĆ¢) Interest Income / Average Working Funds (AWF)
7.78% 6.86% 6.97% 7.58%
2 yĆeepe JĆeĆe / S[yuĆetSHeĆ¢ Interest expenses / AWF
5.14% 4.42% 4.16% 4.95%
3 MegƦ yĆeepe ceeefpe&ve Net Interest Margin (NIM)
2.91% 2.74% 3.12% 2.97%
4 yĆeepe efJemleej / S[yuĆetSHeĆ¢ Interest spread / AWF
2.64% 2.44% 2.80% 2.64%
5 iewj-yĆeepe DeeĆe / S[yuĆetSHeĆ¢Non-Interest Income / AWF
1.42% 1.15% 0.89% 0.87%
6 heefjĆeeueve JĆeĆe / S[yuĆetSHeĆ¢Operating expenses / AWF
1.84% 1.56% 1.47% 1.32%
7 ueeiele-DeeĆe Devegheele Cost Income Ratio
45.38% 43.57% 39.87% 37.55%
8 mekeĆ¢ue (heefjĆeeueve) ueeYe / S[yuĆetSHeĆ¢ Gross (Operating) profit / AWF
2.22% 2.03% 2.22% 2.19%
9 MegƦ ueeYe / S[yuĆetSHeĆ¢ Net profit / AWF
1.15% 1.26% 1.35% 1.28%
10 MegƦ ceeefueĆele Hej HeĆefleueeYe Return on Net Worth
19.48% 22.19% 21.42% 19.11%
11 DeeefmleĆeeW Hej HeĆefleueeYe Return on Assets
0.98% 1.10% 1.18% 1.12%
12 Deewmele DeeefmleĆeeW hej ĆeefleueeYe Return on Average Assets
1.10% 1.21% 1.33% 1.24%
13 DeefĀ«eceeW hej ĆeefleHeĆ¢ue Yield on Advances
9.50% 8.55% 8.48% 9.39%
14 peceejeefMeĆeeW keĆ¢er ueeiele Cost of Deposits
5.71% 4.90% 4.56% 5.62%
15 ueeYeebMe Yegieleeve Devegheele (keĆ¢ejheesjsÅ” ueeYeebMe keĆ¢j meefnle) Dividend payout Ratio (including Corporate Dividend Tax)
17.22% 20.90% 17.76% 16.22%
16 $e+Ce ā pecee Devegheele Credit -- Deposit Ratio
81.94% 84.47% 86.77% 86.86%
17 $e+Ce + iewj meebefJeefOekeĆ¢ ĆeueefveefOe Devegheele efveJesMe (Deveg<ebieer FkeĆ¢eFĆeeW ceW efveJesMe keĆ¢es ĆesĆ[keĆ¢j) ā pecee Devegheele
Credit + Non SLR Investment (excluding Investments in Subsidiaries) -- Deposit Ratio
87.44% 88.74% 90.29% 90.36%
18 hetbpeer heĆee&hlelee Devegheele (yeemesue I)Capital Adequacy Ratio (BASEL I)
12.88% 12.84% 13.02% 12.95%
Å”erĆej Tier - I 7.79% 8.22% 8.96% 9.56%
Å”erĆej Tier - II 5.09% 4.62% 4.06% 3.39%
19 hetbpeer heĆee&hlelee Devegheele (yeemesue II)Capital Adequacy Ratio (BASEL II)
14.05% 14.36% 14.52% 14.67%
Å”erĆej Tier - I 8.49% 9.20% 9.99% 10.83%
Å”erĆej Tier - II 5.56% 5.16% 4.53% 3.84%
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āŗeĆ¢.meb.S.No.
efJeJejCe ĆeefleMele ceWParticulars (In Percentage) 31.03.2009 31.03.2010 31.03.2011 31.03.2012
1 keĆ¢ce&Ćeejer (mebKĆee)Employees (number)
36838 38960 40046 42175
2 MeeKeeSb (mebKĆee) Branches (number)
2974 3148 3418 3959
3 HeĆefle keĆ¢ce&Ćeejer JĆeJemeeĆe (Ā®.keĆ¢jeĆs[ ceW) Business per employee (Rs. in crore)
8.63 9.81 12.29 14.66
4 HeĆefle keĆ¢ce&Ćeejer Deewmele JĆeJemeeĆe (Ā®.keĆ¢jeĆs[ ceW) Average Business per employee (Rs in crore)
7.57 8.94 11.26 13.15
5 HeĆefle keĆ¢ce&Ćeejer mekeĆ¢ue ueeYe (Ā®.ueeKeeW ceW) Gross Profit per employee (Rs. in lakhs)
11.69 12.67 17.43 20.35
6 HeĆefle keĆ¢ce&Ćeejer efveJeue ueeYe (Ā®. ueeKeeW ceW)Net Profit per employee (Rs. in lakhs)
6.05 7.85 10.59 11.87
7 HeĆefle MeeKee JĆeJemeeĆe (Ā®.keĆ¢jeĆs[ ceW) Business per branch (Rs. in crore)
112.86 132.24 156.27 169.80
8 HeĆefle MeeKee mekeĆ¢ue ueeYe (Ā®.keĆ¢jeĆs[ ceW) Gross Profit per branch (Rs. in crore)
1.45 1.57 2.04 2.17
9 HeĆefle MeeKee MegƦ ueeYe (Ā®.keĆ¢jeĆs[ ceW) Net Profit per branch (Rs. in crore)
0.75 0.97 1.24 1.26
10 HeĆefle MesĆej DeeĆe (Ā®HeĆeeW ceW) Earnings per share (Rupees)
61.14 83.96 116.37 127.84
11 HeĆefle MesĆej yenercetuĆe (Ā®HeĆeeW ceW)Book Value per share (Rupees)
313.82 378.44 505.71 637.37
ÅĆ®Ā¶sle: efJeefYeVe Je<eeX keĆ¢er Jeeef<e&keĆ¢ efjHeesÅ”x (peneb GefĆele ueiee, efHeĆues Je<eeX kesĆ¢ DeeĆkeĆ¢[eW keĆ¢es Hegveme&cetnerke=Ć¢le/Hegve: Jeieeake=Ć¢le efkeĆ¢Ćee ieĆee nw)Source: Annual Reports of various years. (previous year's figures are regrouped and reclassified, where appropriate)
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HeefjYee<eeSb / DefinitionsDeewmele keĆ¢eĆe&Meerue efveefOeĆeeb (S[yuĆetSHeĆ¢)
: kegĆ¢ue DeeefmleĆeeW keĆ¢e Heeef#ekeĆ¢ Deewmele; Average Working Funds (AWF)
: Fortnightly Average of Total Assets
Deewmele peceejeefMeĆeeb : kegĆ¢ue peceejeefMeĆeeW keĆ¢e Heeef#ekeĆ¢ Deewmele; Average Deposits : Fortnightly Average of Total Deposits
Deewmele DeefieĆce : kegĆ¢ue DeefieĆceeW keĆ¢e Heeef#ekeĆ¢ Deewmele; Average Advances : Fortnightly Average of Total Advances
Deewmele JĆeJemeeĆe : Deewmele peceejeefMeĆeeW Deewj Deewmele DeefieĆceeW keĆ¢e Ćeesie; Average Business : Total of Average Deposits Plus Average Advances
Deewmele efveJesMe : kegĆ¢ue efveJesMe keĆ¢e Heeef#ekeĆ¢ Deewmele; Average investments : Fortnightly Average of Total Investments
yĆeepe DeeĆe/(S[yuĆetSHeĆ¢) : kegĆ¢ue yĆeepe DeeĆe keĆ¢e Deewmele keĆ¢eĆe&Meerue efveefOeĆeeW mes efJeYeepeve;
interest income/AWF : Total Interest Income Divided by AWF
yĆeepe JĆeĆe/S[yuĆetSHeĆ¢ : kegĆ¢ue yĆeepe JĆeĆe Yeeie oW S[yuĆetSHeĆ¢; interest expenses/AWF : Total Interest Expenses Divided by AWF
yĆeepe efJemleej/S[yuetSHeĆ¢ : (kegĆ¢ue yĆeepe DeeĆe IeÅ”eSb : kegĆ¢ue yĆeepe JĆeĆe) S[yĆetSHeĆ¢ mes efJeYeeefpele keĆ¢jW;
interest Spread/AWF : (Total Interest Income minus Total Interest Expenses) Divided by AWF
iewjyĆeepe DeeĆe/S[yuĆetSHeĆ¢ : kegĆ¢ue iewj yĆeepe DeeĆe efJeYeeefpele keĆ¢jW Deewmele keĆ¢eĆe& efveefOe mes;
non-interest income/AWF
: Total Non-Interest Income Divided by AWF
HeefjĆeeueve JĆeĆe : kegĆ¢ue KeĆe& IeÅ”eSb yĆeepe KeĆe& Operating Expenses : Total Expenses minus Interest Expenses
HeefjĆeeueve JĆeĆe/S[yuĆetSHeĆ¢ : kegĆ¢ue HeefjĆeeueve JĆeĆe efJeYeeefpele keĆ¢jW Deewmele keĆ¢eĆe&Meerue efveefOe mes;
Operating Expenses/AWF
: Operating Expenses Divided by AWF
ueeiele DeeĆe DevegHeele : HeefjĆeeueve JĆeĆe efJeYeeefpele keĆ¢jW (iewjyĆeepe DeeĆe + yĆeepe mHeĆs[) mes;
Cost income Ratio : Operating Expenses Divided by (Non Interest Income plus Interest Spread)
mekeĆ¢ue (HeefjĆeeueve) ueeYe/S[yuĆetSHeĆ¢
: HeefjĆeeueve ueeYe efJeYeeefpele keĆ¢jW S[yuĆetSHeĆ¢ mes; Gross (Operating) Profit/AWF
: Operating Profit divided by AWF
MegƦ ueeYe/S[yuĆetSHeĆ¢ : MegƦ ueeYe efJeYeeefpele keĆ¢jW S[yuĆetSHeĆ¢; net Profit/AWF : Net Profit Divided by AWF
MegƦ ceeefueĆele Hej HeĆefleueeYe : MegƦ ueeYe efJeYeeefpele keĆ¢jW MegƦ ceeefueĆele (Hegvecet&uĆeebkeĆ¢ve HeĆejef#ele efveefOe keĆ¢es ĆeĆs[keĆ¢j);
Return on net Worth : Net Profit Divided by Net Worth (excluding Revaluation Reserves)
DeeefmleĆeeW Hej HeĆefleueeYe : MegƦ ueeYe efJeYeeefpele keĆ¢jW kegĆ¢ue DeeefmleĆeeW mes; Return on Assets : Net Profit Divided by Total Assets
Deewmele DeeefmleĆeeW Hej HeĆefleueeYe : MegƦ ueeYe efJeYeeefpele keĆ¢jW S[yuĆetSHeĆ¢ mes; Return on Average Assets
: Net Profit Divided by AWF
DeefieĆceeW Hej ĆeefleHeĆ¢ue : DeefieĆceeW Hej Deefpe&le yĆeepe efJeYeeefpele keĆ¢jW Deewmele DeefieĆce mes;
Yield on Advances : Interest Earned on Advances Divided by Average Advances
peceejeefMeĆeeW keĆ¢er ueeiele : peceejeefMeĆeeW Hej HeĆolle yĆeepe efJeYeeefpele keĆ¢jW Deewmele peceejeefMeĆeeW mes;
Cost of Deposits : Interest paid on Deposits Divided by Average Deposits
ueeYeebMe Yegieleeve DevegHeele (keĆ¢ejHeesjsÅ” ueeYeebMe keĆ¢j meefnle)
: ueeYeebMe, keĆ¢ejHeesjsÅ” ueeYeebMe keĆ¢j meefnle; efJeYeeefpele keĆ¢jW MegƦ ueeYe mes;
Dividend Payout Ratio(including CorporateDividend Tax)
: Dividend including Corporate Dividend Tax Divided by Net Profit
$e+Ce pecee DevegHeele : kegĆ¢ue DeefieĆce efJeYeeefpele keĆ¢jW ieĆenkeĆ¢eW keĆ¢er peceejeefMeĆeeb (DeLee&le kegĆ¢ue peceejeefMeĆeeb - IeÅ”eĆeW Deblej yeQkeĆ¢ pecee jeefMeĆeeb)
Credit - Deposit Ratio : Total Advances Divided by Customer Deposits (i.e., Total Deposits minus Inter Bank Deposits)
$e+Ce + iewj meebefJeefOekeĆ¢ lejuelee DevegHeele efveJesMe (Deveg<ebieer FkeĆ¢eFĆeeW ceW efveJesMe keĆ¢es ĆeĆs[keĆ¢j) peceejeefMe - DevegHeele;
: (kegĆ¢ue DeefieĆce + iewj meebefJeefOekeĆ¢ ĆeueefveefOe Devegheele efveJesMe - IeÅ”eĆeW Deveg<ebieer FkeĆ¢eFĆeeW ceW efveJesMe) efJeYeeefpele keĆ¢jW ieĆenkeĆ¢eW keĆ¢er peceeDeeW mes;
Credit + non SLR investments (excluding investments in Subsidiaries) - Deposit Ratio
: (Total Advances Plus Non-SLR Investments minus Investments in Subsidiaries) Divided by Customer Deposits
HeĆefle keĆ¢ce&Ćeejer JĆeJemeeĆe : meceĀ«e peceejeefMeĆeeb + kegĆ¢ue DeefieĆce efJeYeeefpele keĆ¢jW, kegĆ¢ue keĆ¢ce&ĆeeefjĆeeW keĆ¢er mebKĆee mes
Business Per Employee
: Aggregate Deposits plus Total Advances Divided by Total No. of Employees
Ćeefle keĆ¢ce&Ćeejer Deewmele JĆeJemeeĆe : Deewmele peceejeefMeĆeeb Deewmele DeefĀ«ece/efJeYeeefpele keĆ¢jW kegĆ¢ue keĆ¢ce&Ćeejer mebKĆee mes
Average Business Per Employee
: Average Deposits plus Average Advances divided by Total No. of Employees
Ćeefle keĆ¢ce&Ćeejer mekeĆ¢ue ueeYe : mekeĆ¢ue ueeYe keĆ¢es efJeYeeefpele keĆ¢jW, kegĆ¢ue keĆ¢ce&Ćeejer mebKĆee mes;
Gross Profit Per Employee
: Gross Profit Divided by Total No. of Employees
HeĆefle keĆ¢ce&Ćeejer MegƦ ueeYe : MegƦ ueeYe keĆ¢es efJeYeeefpele keĆ¢jW keĆ¢ce&ĆeeefjĆeeW keĆ¢er mebKĆee mes;
net Profit Per Employee
: Net Profit Divided by total No. of Employees
HeĆefle MeeKee keĆ¢ejesyeej : kegĆ¢ue peceejeefMeĆeeb + kegĆ¢ue DeefieĆce keĆ¢es efJeYeeefpele keĆ¢jW MeeKeeDeeW keĆ¢er mebKĆee mes;
Business Per Branch : Total Deposits plus Total Advances divided by No. of Branches
HeĆefle MeeKee mekeĆ¢ue ueeYe : mekeĆ¢ue ueeYe keĆ¢es efJeYeeefpele keĆ¢jW MeeKeeDeeW keĆ¢er mebKĆee mes;
Gross Profit per Branch
: Gross Profit Divided by No. of Branches
HeĆefle MeeKee MegƦ ueeYe : MegƦ ueeYe efJeYeeefpele keĆ¢jW MeeKeeDeeW keĆ¢er mebKĆee mes; net Profit per Branch : Net Profit Divided by No. of Branches
HeĆefle MesĆej DeeĆe : MegƦ ueeYe keĆ¢es efJeYeeefpele keĆ¢jW FefkeƤJeÅ”er mes X ome; Earnings Per Share : Net Profit divided by Equity Multiplied by Ten
HeĆefle MesĆej yener cetuĆe : MegƦ ceeefueĆele (Hegvecet&uĆeebkeĆ¢ve HeĆejef#ele jeefMe keĆ¢es ĆeĆs[keĆ¢j) keĆ¢es efJeYeeefpele keĆ¢jW FefkeƤJeÅ”er mes X ome.
Book Value Per Share : Net Worth (excluding Revaluation Reserves) divided by Equity Multiplied by Ten.
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31 ceeĆe& 2012 keĆ¢e legueve-he$eBalance Sheet as on 31st March, 2012
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DevegmetĆeerSChEDULE
31 ceeĆe& 2012 keĆ¢esAs on
31st Mar, 2012`
31 ceeĆe& 2011 keĆ¢esAs on
31st Mar, 2011 `
Hetbpeer Deewj osĆeleeSb CAPITAL & LIABILITIES
Hetbpeer Capital 1 412,38,46 392,80,73
HeĆejef#ele efveefOeĆeeb Deewj DeefOeMes<e Reserves and Surplus 2 27064,46,61 20650,72,58
peceejeefMeĆeeb Deposits 3 384871,10,59 305439,48,19
GOeej ueer ieF& jeefMeĆeeb Borrowings 4 23573,05,12 22307,85,48
DevĆe osĆeleeSb SJeb HeĆeJeOeeve Other Liabilities and Provisions 5 11400,45,92 9606,30,56
peesĆ[ T O T A L 447321,46,70 358397,17,54
DeeefmleĆeeb ASSETS
YeejleerĆe efj]peJe& yeQkeĆ¢ keĆ¢s Heeme vekeĆ¢oer Deewj Mes<e jkeĆ¢ce
Cash and Balances with Reserve Bank of India
6 21651,45,96 19868,17,89
yeQkeĆ¢esb keĆ¢s Heeme Mes<e jkeĆ¢ce leLee ceebie SJebDeuHe metĆevee Hej HeĆefleosĆe jeefMe
Balances with Banks and Money at Call and Short Notice
42517,08,16 30065,88,89
efveJesMe Investments 7 83209,40,01 71396,59,21
DeefieĆce Advances 8 287377,29,35 228676,36,09
DeĆeue DeeefmleĆeeb Fixed Assets 9 2341,50,20 2299,71,83
DevĆe DeeefmleĆeeb Other Assets 10 10224,73,02 6090,43,63
peesĆ[ T O T A L 11 447321,46,70 358397,17,54
DeekeĆ¢efmcekeĆ¢ osĆeleeSb Contingent Liabilities 12 152502,81,31 127163,87,03
Jemet}er keĆ¢s efueS efyeue Bills for Collection 22766,99,37 18844,71,94
GuuesKeveerĆe uesKee veerefleĆeeb Significant Accounting Policies 17
uesKeeW Hej efÅ”HHeefCeĆeeb Notes on Accounts 18
THej oMee&Ćeer ieĆeer DevegmetefĆeĆeeb legueve-He$e keĆ¢e SkeĆ¢ DeefYevve Yeeie nQ.The Schedules referred to above form an integral part of the Balance Sheet.
31 ceeĆe&, 2012 keĆ¢e legueve-he$eBalance Sheet as on 31st March, 2012
(000's DevebefkeĆ¢le omitted)
mLeeve : cegbyeF&,efoveebkeĆ¢ : 04.05.2012
efveosMekeĆ¢
Ćeer DeeueeskeĆ¢ efveieceĆeer efJeefveue kegĆ¢ceej mekeƤmesveeĆeer DepeĆe ceeLegjĆeer melĆe osJe ef$ehee"erĆeer megjWƵ Sme Yeb[ejerĆeer mego&Meve mesveĆeer Jeer. yeer. ĆeJneCe[e@.(Ćeerceleer) cemej&le MeeefnoĆeer ceewefueve S. Jew<CeJeĆeer jepeerye Sme meent
uesKee Hejer#ekeĆ¢mece leejerKe keĆ¢er nceejer mebueive he=LekeĆ¢ efjheesÅ”& kesĆ¢ Devegmeej
ke=Ć¢les efKecepeer kegBĆ¢Jejpeer SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve : 105146 [yuĆet
(ieewlece Jeer Meen)YeeieeroejSce. veb.: 117348
ke=Ć¢les yeĆĆæeĆĆee SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve : 000511 Sme
(efpeleWƵ kegĆ¢ceej)YeeieeroejSce. veb.: 201825
ke=Ć¢les Sme kesĆ¢. efceĆ²eue SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve : 001135 Sve
(ieewjJe efceĆ²eue)YeeieeroejSce. veb.: 99387
ke=Ć¢les js SC[ jsmeveoer uesKeekeĆ¢ejSHeĆ¢DeejSve : 301072 F&
(S. Sve. ĆesVesceeoer)YeeieeroejSce. veb.: 031004
ke=Ć¢les SveyeerSme SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve : 110100 [yuĆet
(Sve. yeer. MesĆ³er)YeeieeroejSce. veb.: 16718
ke=Ć¢les ue#ceerefveJeeme veerLe SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve : 002460 Sme
(ue#ceerefveJeeme Mecee&)YeeieeroejSce. veb.: 014244
Ćeer Sce.[er.ceuĆeeDeOĆe#e SJeb HeĆyebOe efveosMekeĆ¢Ćeer Deej. kesĆ¢. ye#eerkeĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢Ćeer Sve. Sme. ĆeerveeLekeĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢Ćeer Jeer.kesĆ¢.iegHleeceneHeĆyebOekeĆ¢(keĆ¢eheexjsÅ” Keeles SJeb keĆ¢jeOeeve SJeb cegefJeDe)Ćeer yeer. FueWieesmene. ceneĆøeyebOekeĆ¢(keĆ¢eheexjsÅ” Keeles SJeb keĆ¢jeOeeve)
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31 ceeĆe&, 2012 keĆ¢es meceehle Je<e& keĆ¢e ueeYe Je neefve uesKeeProfit and Loss Account for the year ended 31st March, 2012
DevegmetĆeerSCHED-
ULE
31 ceeĆe& 2012 keĆ¢esYear ended
31st March 2012`
31 ceeĆe& 2011 keĆ¢esYear ended
31st March 2010`
I. DeeĆe INCOME
Deefpe&le yĆeepe Interest Earned 13 29673,72,42 21885,91,56
DevĆe DeeĆe Other Income 14 3422,32,82 2809,18,60
peesĆ[ T O T A L 33096,05,24 24695,10,16
II. JĆeĆe EXPENDITURE
KeĆe& efkeĆ¢Ćee ieĆee yĆeepe Interest Expended 15 19356,71,23 13083,65,77
HeefjĆeeueve JĆeĆe Operating Expenses 16 5158,71,73 4629,83,49
HeĆeJeOeeve Deewj DeekeĆ¢efmcekeĆ¢ JĆeĆe Provisions and Contingencies 18 (A-4.1) 3573,66,66 2739,92,93
peesĆ[ T O T A L 28089,09,62 20453,42,19
III. ueeYe PROFIT
Je<e& keĆ¢e MegƦ ueeYe Net Profit for the year 5006,95,62 4241,67,97
efJeefveĆeespeve nsleg GHeueyOe jeefMe Available for Appropriation 5006,95,62 4241,67,97
efJeefveĆeespeve Appropriations
efvecveefueefKele ceW DevlejCe : Transfer to :
keĆ¢) meebefJeefOekeĆ¢ HeĆejef#ele efveefOe a) Statutory Reserve 1251,73,91 1060,41,99
Ke) Hetbpeeriele HeĆejef#ele efveefOe b) Capital Reserve 22,39,86 20,99,56
ie) jepemJe SJeb DevĆe HeĆejef#ele efveefOeĆeeb c) Revenue and Other Reserves
I) meeceevĆe HeĆejef#ele efveefOe I) General Reserve 2453,86,08 2100,45,56
II) Oeeje 36 (1) (viii) kesĆ¢ Debleie&le efJeMes<e HeĆejef#ele
II) Special Reserve u/s 36 (1) (viii) 533,84,66 335,39,00
III) meebefJeefOekeĆ¢ HeĆejef#ele efveefOe (efJeosMeer) III) Statutory Reserve (Foreign) 1,55,80 2,46,92
Ie) ĆemleeefJele ueeYeebMe (ueeYeebMe keĆ¢j meefnle)
d)Proposed Dividend (including Dividend Tax)
812,29,04 753,35,20
*) efveJesMe Ćeejef#ele Keelee e) Investment Reserve Account (68,73,73) (31,40,26)peesĆ[ T O T A L 5006,95,62 4241,67,97
HeĆefle MesĆej cetue SJeb vĆetve Depe&ve (`) Basic & Diluted Earnings per Share (`) 18 (B-5) 127.84 116.37GuuesKeveerĆe uesKee veerefleĆeeb Significant Accounting Policies 17(meebkesĆ¢eflekeĆ¢ cetuĆe Ćøeefle MesĆej `10) (Nominal value per share `10)uesKeeW Hej efÅ”HHeefCeĆeebbb Notes on Accounts 18THej oMee&Ćeer ieĆeer DevegmetefĆeĆeeb }eYe Je
neefve uesKes keĆ¢e DeefYevve Yeeie nQ.The Schedules referred to above forman integral part of the Profit & Loss Account.
(000's DevebefkeĆ¢le omitted)
Place : MumbaiDate: 04.05.2012
DIRECTORSShri Alok NigamShri Vinil Kumar SaxenaShri Ajay MathurShri Satya Dev TripathiShri Surendra S BhandariShri Sudarshan SenShri V B ChavanDr (Smt) Masarrat ShahidShri Maulin A VaishnavShri Rajib S Sahoo
AUDITORSAs per our separate report of even date attached
For Khimji Kunverji & Co For Brahmayya & Co For S K Mittal & Co Chartered AccountantsFRN: 105146W
Chartered AccountantsFRN: 000511S
Chartered AccountantsFRN: 001135N
(Gautam V Shah) (Jitendra Kumar) (Gaurav Mittal)Partner Partner PartnerM No. 117348 M No. 201825 M No. 99387
For Ray & Ray For For N B S & Co For Laxminiwas Neeth & CoChartered AccountantsFRN: 301072E
Chartered AccountantsFRN: 110100W
Chartered AccountantsFRN: 002460S
(A. N. Yennemadi) (N. B. Shetty) (Laxminiwas Sharma)Partner Partner PartnerM No. 031004 M No. 16718 M No. 014244
Shri M. D. MallyaChairman & Managing DirectorShri R. K. BakshiExecutive DirectorShri N. S. SrinathExecutive DirectorShri V K GuptaGeneral ManagerCorp A/cs & Taxation and CFOShri B ElangoAsst. General ManagerCorporate A/cs & Taxation
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legueve-he$e keĆ¢er DevegmetefĆeĆeebSchedules to Balance Sheet
(000's DevebefkeĆ¢le omitted)
31 ceeĆe&, 2012 keĆ¢esAs on 31st Mar, 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st Mar, 2011
` ` ` `
DevegmetĆeer -1 Hetbpeer SCHEDULE - 1 CAPITAL
HeĆeefOeke=Ć¢le Hetbpeer AUTHORISED CAPITAL
HeĆefle ` 10/- kesĆ¢ 300,00,00,000MesĆej(efheĆues Je<e& 300,00,00,000/- Ćeefle MesĆej ` 10/- kesĆ¢)
300,00,00,000 Shares of `10/- each(previous year 300,00,00,000/- shares of `10/- each) 3000,00,00 3000,00,00
efveie&efcele leLee DeefYeoĆ²eHetbpeer
ISSUED AND SUBSCRIBED CAPITAL
HeĆefle ` 10/- kesĆ¢ 41,38,56,883 FefkeƤJeÅ”er MesĆej
41,38,56,883 Equity Shares of `10/- each
(efheĆues Je<e& 39,42,79,579 FefkeƤJeÅ”er MesĆej Ćeefle ` 10/- kesĆ¢)
(previous year 39,42,79,579 equity shares of `10/- each) 413,85,69 394,27,96
ceebieer ieF& hetbpeer SJeb ĆeoĆ²e hetbpeer CALLED-UP & PAID-UP CAPITAL
Ćeefle ` 10/- kesĆ¢ 41,11,23,383 FefkeƤJeÅ”er MesĆej (efHeĆues Je<e& 39,15,46,079 MesĆej) efpemeceW kesĆ¢vƵ mejkeĆ¢ej Ćeje Oeeefjle kegĆ¢ue ` 223.28 keĆ¢jesĆ[ jeefMe kesĆ¢ 22,32,79,579 FefkeƤJeÅ”er MesĆej (efheĆues Je<e& 22,32,79,579 MesĆej) Meeefceue nwb.
41,11,23,383 (Previous Year 39,15,46,079) Equity Shares of `10 each including 22,32,79,579 Equity Shares (Previous year 22,32,79,579 Shares) amounting to `223.28 crores held by Central Government 411,12,34 391,54,61
peesĆ[W : peyle efkeĆ¢S ieS MesĆej Add : Forfeited Shares 1,26,12 1,26,12
peesĆ[ Total 412,38,46 392,80,73
DevegmetĆeer-2 SCHEDULE - 2
HeĆejef#ele efveefOeĆeeb Deewj DeefOeMes<e RESERVES & SURPLUSI meebefJeefOekeĆ¢ HeĆejef#ele efveefOeĆeeb I Statutory Reserves
HeĆejefcYekeĆ¢ Mes<e Opening Balance 4612,17,42 3551,75,43 DeJeefOe kesĆ¢ oewjeve HeefjJeOe&ve Additions during the Year 1251,73,91 5863,91,33 1060,41,99 4612,17,42
II HeĆejef#ele Hetbpeer II Capital Reserves(` 1173.68 keĆ¢jesĆ[ keĆ¢erhegvecet&uĆeebefkeĆ¢le Ćeejef#ele efveefOe meefnle (efHeĆues Je<e& ` 1242.49 keĆ¢jesĆ[)
(including Revaluation Reserve of `1173.68 crores (previous years `1242.49 crores)
HeĆejefcYekeĆ¢ Mes<e Opening Balance 2021,30,70 2079,07,35Je<e& kesĆ¢ oewjeve HeefjJeOe&ve Additions during the year 22,39,86 20,99,56
DevĆe meceeĆeespeve Other Adjustments 7,63,41 79,052051,33,97 2100,85,96
keĆ¢Å”ewefleĆeeb : Deductions:
ueeYe-neefve Keeles ceW Debleefjle Hetvece&tuĆeebefkeĆ¢le DeĆe} DeeefmleĆeeW Hej cetuĆe Ćeme
Depreciation on revalued fixed assets transferred to Profit & Loss account
(76,44,38) 1974,89,59 (79,55,26) 2021,30,70
III MesĆej HeĆerefceĆece III Share Premium
HeĆejefcYekeĆ¢ Mes<e Opening Balance 4707,60,59 2273,88,56
Je<e& kesĆ¢ oewjeve HeefjJeOe&ve Additions during the year 1625,11,20 6332,71,79 2433,72,03 4707,60,59
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31 ceeĆe&, 2012 keĆ¢esAs on 31st Mar, 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st Mar, 2011
` ` ` `DevegmetĆeer-2 HeĆejef#ele efveefOeĆeeb Deewj DeefOeMes<e (peejer)SCHEDULE - 2 RESERVES & SURPLUS (Contd.)
IV jepemJe Deewj DevĆe HeĆejef#ele /efveefOeĆeeb
IV Revenue & Other Reserves
keĆ¢) meebefJeefOekeĆ¢ HeĆejef#ele efveefOeĆeeb (efJeosMeer)
a) Statutory Reserve (Foreign)
HeĆejbefYekeĆ¢ Mes<e Opening Balance 89,21,65 85,55,83
Je<e& keĆ¢s oewjeve HeefjJeOe&ve Additions during the year
1,55,80 2,46,92
DevĆe meceeĆeespeve Other Adjustments 11,84,40 1,18,90102,61,85 89,21,65
Ke) DeeĆekeĆ¢j DeefOeefveĆece keĆ¢er Oeeje 36(1)(viii) kesĆ¢ Debleie&le efJeMes<e Ćeejef#ele efveefOeĆeeb
b) Special Reserve u/s 36(1)(viii) of Income Tax Act, 1961
HeĆejefcYekeĆ¢ Mes<e Opening Balance 1025,39,00 690,00,00
peesĆ[W : Je<e& kesĆ¢ oewjeve HeefjJeOe&ve
Add: Additions during the year
533,84,66 335,39,00
1559,23,66 1025,39,00
ie. efJeosMeer cegƵe Ćeejef#ele efveefOeĆeeb
c) Fore ign Currency Translation Reserve
ĆeejbefYekeĆ¢ Mes<e Opening Balance 49,35,70 (13,43,51)
Je<e& kesĆ¢ oewjeve heefjJeOe&ve
Additions during the year
647,22,44 62,79,21
696,58,14 49,35,70
Ie. Ćeejef#ele efveJesMe Keelee d) Investment Reserve Account
ĆeejbefYekeĆ¢ Mes<e Opening Balance 68,73,73 -
DevĆe Ćeejef#ele efveefOe mes DeblejCe
Transferred from Other Reserve
- 100,13,99
ueeYe-neefve efJeefveĆeespeve Keeles ceW DeblejCe
Transferred to P&L Appropriation A/c.
(68,73,73) (31,40,26)
- 68,73,73
*. DevĆe Ćeejef#ele efveefOeĆeeb e) Other Reserves
ĆeejbefYekeĆ¢ Mes<e Opening Balance 8076,93,79 6074,01,84
Ćeejef#ele efveJesMe Keeles keĆ¢es Devleefjle
T r a n s f e r r e d t o Investment Reserve Account
- (100,13,99)
Je<e& kesĆ¢ oewjeve heefjJeOe&ve
Additions during the year
2453,86,08 2100,45,56
Je<e& kesĆ¢ oewjeve meceeĆeespeve
Adjustments during the year
3,70,38 2,60,38
10534,50,25 8076,93,79
peesĆ[ - IV (keĆ¢, Ke, ie,Ie Deewj *) TOTAL - IV (a, b, c, d & e) 12892,93,90 9309,63,87
peesĆ[ (I mes IV) TOTAL (I to IV) 27064,46,61 20650,72,58
(000's DevebefkeĆ¢le omitted)
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31 ceeĆe&, 2012 keĆ¢esAs on 31st Mar, 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st Mar, 2011
` ` ` `
DevegmetĆeer-3 peceejeefMeĆeeb SCHEDULE - 3 DEPOSITS
keĆ¢. I ceebie-peceejeefMeĆeeb A. I Demand Deposits
i) yeQkeĆ¢esb mes i) From Banks 1124,43,94 875,98,04
ii) DevĆe mes ii) From Others 27819,92,29 28944,36,23 22258,68,51 23134,66,55
II yeĆele yeQkeĆ¢ peceejeefMeĆeeb II Savings Bank Deposits 74579,52,82 64454,03,09
III ceerĆeeoer peceejeefMeĆeeb III Term Deposits
i) yeQkeĆ¢esb mes i) From Banks 52907,06,49 41032,90,53
ii) DevĆe mes ii) From Others 228440,15,05 281347,21,54 176817,88,02 217850,78,55
peesĆ[ (I mes III) TOTAL (I to III) 384871,10,59 305439,48,19
Ke. I Yeejle ceW efmLele MeeKeeDeeW keĆ¢er peceejeefMeĆeeb
B. I Deposits of branches in India
280135,25,38 233323,30,01
II Yeejle mes yeenj efmLele MeeKeeDeeW keĆ¢er peceejeefMeĆeeb
II Deposits of branches outside India
104735,85,21 72116,18,18
peesĆ[ (I Deewj II) TOTAL (I & II) 384871,10,59 305439,48,19
DevegmetĆeer - 4 GOeej ueer ieĆeer jeefMeĆeeb
SCHEDULE - 4 BORROWINGS
I. Yeejle ceW GOeej ueer ieĆeer jeefMeĆeeb I. Borrowings in India
i) YeejleerĆe efj]peJe& yeQkeĆ¢ i) Reserve Bank of India - 350,00,00
ii) DevĆe yeQkeĆ¢ ii) Other Banks 168,00,19 114,48,74
iii) DevĆe mebmLeeve SJeb SpeWefmeĆeeb
iii) Other Institutions and Agencies
410,20,99 471,56,24
iv) veJeesvces<eer yesceerĆeeoer $e+Ce efueKele (DeeF&heer[erDeeF&)
iv) Innovative Perpetual Debt Instruments (IPDI)
1911,70,00 1911,70,00
v) yeeb[eW kesĆ¢ Ā®He ceW peejer neĆe efyeĆ[ $e+Ce Hetbpeer
v) Hybrid Debt Capital Instruments issued as bonds
5000,00,00 5000,00,00
vi) ieewCe yeeb[ v) Subordinated Bonds 2490,00,00 2490,00,00
peesĆ[ (i to iv) TOTAL (i to vi) 9979,91,18 10337,74,98
II. Yeejle keĆ¢s yeenj GOeej ueer ieĆeeR jeefMeĆeeb (` 1526.25 keĆ¢jesĆ[ kesĆ¢ SceÅ”erSve yeeb[ meefnle)(efheĆues Je<e& ` 1337.88 keĆ¢jesĆ[)
II. Borrowings outside India (includes MTN Bonds of `1526.25 crs (previous year `1337.88 crs) )
13593,13,94 11970,10,50
peesĆ[ ā GOeej ueer ieF& jeefMeĆeeb (I SJeb II)
Total - Borrowings (I & II) 23573,05,12 22307,85,48
GHejeskeƤle ceW Meeefceue peceeveleer GOeej jeefMeĆeeb Secured Borrowings included in above 523,16,34 71,56,24
(000's DevebefkeĆ¢le omitted)
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31 ceeĆe&, 2012 keĆ¢esAs on 31st Mar, 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st Mar, 2011
` ` ` `
DevegmetĆeer - 5 SCHEDULE - 5
DevĆe osĆeleeSb Deewj HeĆeJeOeeve : OTHER LIABILITIES AND PROVISIONS
I osĆe efyeue I Bills Payable 1366,84,43 1651,81,07
III GHeefĆele yĆeepe II Interest Accrued 2805,96,51 2138,29,54
IV ceevekeĆ¢ DeefieĆceeW keĆ¢er SJepe ceW DeekeĆ¢efmcekeĆ¢ HeĆeJeOeeve
III Contingent Provision against Stan-dard Advances 1390,06,06 911,35,00
V DevĆe (HeĆeJeOeeveeW meefnle) IV Others (including provisions) 5837,58,92 4904,84,95
peesĆ[ (I mes V) TOTAL (I to V) 11400,45,92 9606,30,56
DevegmetĆeer - 6 SCHEDULE - 6
vekeĆ¢oer Deewj YeejleerĆe efj]peJe& yeQkeĆ¢ keĆ¢s Heeme Mes<e
CASH AND BALANCES WITH RESERVE BANK OF INDIA
I neLe ceW vekeĆ¢oer (efJeosMeer cegƵe veesÅ”eW meefnle)
I Cash in hand (including foreign currency notes) 1200,78,63 1357,06,76
II YeejleerĆe efj]peJe& yeQkeĆ¢ keĆ¢s Heeme Ćeeuet Keeles ceW Mes<e jeefMe
II Balances with Reserve Bank of India in Current Account 20450,67,33 18511,11,13
peesĆ[ (I Deewj II) TOTAL (I & II) 21651,45,96 19868,17,89
(000's DevebefkeĆ¢le omitted)
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31 ceeĆe&, 2012 keĆ¢esAs on 31st Mar, 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st Mar, 2011
` ` ` `
DevegmetĆeer -7 yeQkeĆ¢eW keĆ¢s Heeme Mes<e jeefMe leLee ceebieSJeb DeuHe metĆevee Hej osĆe jeefMe
SCHEDULE - 7BALANCES WITH BANKS ANDMONEY AT CALL & SHORT NOTICE
I Yeejle ceW I In India
i) yeQkeĆ¢eW kesĆ¢ Heeme Mes<e jeefMe i) Balances with Banks
keĆ¢) Ćeeuet KeeleeW ceW a) in Current Accounts 254,43,24 247,67,89
Ke) DevĆe pecee KeeleeW ceW b) in Other Deposit Accounts 3554,22,95 3808,66,19 1519,88,03 1767,55,92
ii) ceebie SJeb DeuHe metĆevee Hej osĆe jeefMe ii) Money at call and short notice with
keĆ¢) yeQkeĆ¢eW kesĆ¢ heeme a) Banks 50,00,00 -
Ke) DevĆe mebmLeeveeW kesĆ¢ heeme b) Other institutions - 50,00,00 - -
peesĆ[ (i Deewj ii ) TOTAL (i and ii) 3858,66,19 1767,55,92
II Yeejle mes yeenj II Outside India
i) Ćeeuet KeeleeW ceW i) in Current Accounts 7773,20,19 4869,00,14
ii) DevĆe pecee KeeleeW ceW ii) in Other Deposit Accounts 15668,49,67 11276,17,90
iii) yeQkeĆ¢eW keĆ¢s Heeme ceebie SJeb DeuHe metĆevee Hej osĆe jeefMe
iii) Money at Call and Short Notice with Banks 15216,72,11 12153,14,93
peesĆ[ (i, ii Deewj iii) TOTAL (i, ii and iii) 38658,41,97 28298,32,97
kegĆ¢ue peesĆ[ (I Deewj II) GRAND TOTAL (I and II) 42517,08,16 30065,88,89
(000's DevebefkeĆ¢le omitted)
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31 ceeĆe&, 2012 keĆ¢esAs on 31st Mar, 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st Mar, 2011
` ` ` `
DevegmetĆeer-8 efveJesMe SCHEDULE - 8 INVESTMENTS
I Yeejle ceW efveJesMe (mekeĆ¢ue) I Investments in India (Gross) 79818,79,65 68137,29,88
IeÅ”eĆeW : cetuĆeĆeme keĆ¢s efueS HeĆeJeOeeve Less: Provision for Depreciation 553,80,22 336,96,44
Yeejle ceW MegƦ efveJesMe Net Investments in India 79264,99,43 67800,33,44
Deueie-Deueie efJeJejCe BREAK - UP
i) mejkeĆ¢ejer ĆeefleYetefleĆeeb i) Government Securities 69188,19,52 59424,88,84
(efkeƤueĆeeEjie keĆ¢eheexjsMeve Dee@HeĆ¢ Fbef[Ćee ceW uee@pe efkeĆ¢S ieS `386.90 keĆ¢jesĆ[ kesĆ¢ DebefkeĆ¢le cetuĆe (efheĆues Je<e& `90.25 keĆ¢jesĆ[) kesĆ¢ `395.00 keĆ¢jesĆ[ meefnle (efheĆues Je<e& `90.00 keĆ¢jesĆ[) Meeefceue nw
[Includes `386.90 crores (Previous year `90.25 crores) face value of `395.00 crores (Previous year `90.00 crores) lodged with Clearing Corporation of India]
[ScemeerSkeƤme kesĆ¢ meeLe uee@pe efkeĆ¢S ieS `19.70 keĆ¢jesĆ[ kesĆ¢ DebefkeĆ¢le cetuĆe (efheĆues Je<e& `15.34) kesĆ¢ `20.30 keĆ¢jesĆ[ meefnle (efheĆues Je<e& `15.30)]
[includes 19.70 crores (Previous year 15.34 crores) face value of `20.30 crores (Previous year ` 15.30 crores) lodged with MCX]
[SveSmeF& kesĆ¢ heeme uee@pe efkeĆ¢S ieS `24.27 keĆ¢jesĆ[ DebefkeĆ¢le cetuĆe (efheĆues Je<e& `20.06 keĆ¢jesĆ[) kesĆ¢ `25.00 keĆ¢jesĆ[ (efheĆues Je<e& `20.00 keĆ¢jesĆ[)] Meeefceue nw
[ inc ludes ` 24.27 crores (Previous year `20.06 crores) face value of `25.00 crores (Previous year `20.00 crores) lodged with NSE]
[ĆetSmeF& ceW pecee 14.97 keĆ¢jesĆ[ DebefkeĆ¢le cetuĆe (efheĆues Je<e& `5.27 keĆ¢jesĆ[) kesĆ¢ `15.25 keĆ¢jesĆ[ (efheĆues Je<e& `5.25 keĆ¢jesĆ[)] Meeefceue nw
[includes 14.97 crores (Previous year `5.27 crores) face value of `15.25 crores (Previous year `5.25 crores) lodged with USE]
[meermeerDeeF&Sue, ScemeerSkeƤme, SHeĆ¢[yuĆet[er ceW pecee MetvĆe (efHeĆues Je<e& `5.02 keĆ¢jesĆ[) kesĆ¢ MetvĆe (efHeĆues Je<e& `5.00 keĆ¢jesĆ[) DebefkeĆ¢le cetuĆe Meeefceue nw]
[includes NIL (Previous year `5.02 crores) face value of NIL (Previous year `5.00 crores) lodged with CCIL MCX FWD]
ii) DevĆe Devegceesefole HeĆefleYetefleĆeeb ii) Other Approved Securities 163,26,00 536,27,94iii) MesĆej iii) Shares 1459,93,49 1325,16,67iv) ef[yeWĆej Deewj yeeb[ iv) Debentures and Bonds 2959,98,37 2356,11,49v) Deveg<ebieer FkeĆ¢eFĆeeb Deewj / Ćee
mebĆegĆ²eĆ¢ GĆ ece [FmeceW yeQkeĆ¢ keĆ¢e, #es$eerĆe ieĆeceerCe yeQkeĆ¢eW keĆ¢es DeefieĆce keĆ¢s Ā¤He ceW MesĆej Hetbpeer DebMeoeve HeWef[bie DeueeÅ”ceQÅ” `112.82 keĆ¢jesĆ[) (efheĆues Je<e& `94.62 keĆ¢jesĆ[) Meeefceue nQ.]
v) Subsidiaries and/or Joint Ventures [includes Bank's share of contribution as advance of ` 112.82 crores (Previous year ` 94.62 crores) towards Share Capital of RRBs pending allotment]
697,59,53 863,42,26
vi) DevĆe efveJesMe(JeeefCeefpĆekeĆ¢ He$eeW, cĆetĆegDeue HeĆ¢bĆ[ keĆ¢er ĆetefveÅ”W, Heeme-LeĆt HeĆceeCe He$e Deeefo)
vi) Other Investments (Commercial Papers, Units of Mutual Funds, Pass Through Certificates etc.) 4796,02,52 3294,46,24
79264,99,43 67800,33,44
(000's DevebefkeĆ¢le omitted)
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31 ceeĆe&, 2012 keĆ¢esAs on 31st Mar, 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st Mar, 2011
` ` ` `
DevegmetĆeer-8 efveJesMe (peejer)SCHEDULE - 8 INVESTMENTS (contd.)
II Yeejle keĆ¢s yeenj efveJesMe (mekeĆ¢ue)
II Investments Outside India (Gross)4094,48,61 3739,46,94
IeÅ”eĆeW : cetuĆeĆeme keĆ¢s efueS HeĆeJeOeeve
Less: Provision for Depreciation150,08,03 143,21,17
Yeejle keĆ¢s yeenj MegƦ efveJesMe
Net Investments Outside India3944,40,58 3596,25,77
Deueie-Deueie efJeJejCe BREAK - UP
i) mejkeĆ¢ejer HeĆefleYetefleĆeeb (mLeeveerĆe HeĆeefOekeĆ¢jCeeW meefnle)
i) Government Securities (Including Local Authorities)
1059,64,08 916,44,02
ii) efJeosMeeW ceW Deveg<ebefieĆeeb Deewj / Ćee mebĆegĆ²eĆ¢ GĆ ece
ii) Subsidiaries and/orjoint ventures abroad
537,34,74 402,54,39
iii) DevĆe efveJesMe (ef[yeWĆej, yeeb[ Deeefo)
iii) Other Investments(Debentures, Bonds etc.)
2347,41,76 2277,27,36
3944,40,58 3596,25,77
peesĆ[ (I Deewj II) TOTAL (I and II) 83209,40,01 71396,59,21
DevegmetĆeer-9 DeefieĆce SCHEDULE - 9 ADVANCES
keĆ¢. i) Kejeros Deewj YegveeS ieS efyeue
A. i) Bills Purchased and Discounted39117,90,23 29689,90,20
ii) vekeĆ¢o $e+Ce, DeesJej [^eHeĆ¤Å” Deewj ceebie Hej ĆegkeĆ¢ewleer ĆeesiĆe $e+Ce
ii) Cash Credits, Overdrafts and Loans Repayable on Demand 121401,49,70 97804,86,18
iii) ceerĆeeoer $e+Ce iii) Term Loans 126857,89,42 101181,59,71
peesĆ[ keĆ¢ (i mes iii) TOTAL A(i to iii) 287377,29,35 228676,36,09
Ke. i) cetle& DeeefmleĆeeW mes HeĆefleYeteflele (yener-$e+Ce keĆ¢er SJepe ceW DeefieĆceeW meefnle)
B. i) Secured by Tangible Assets (includes advances against Book Debts)
190080,43,40 145684,45,22
ii) yeQkeĆ¢/mejkeĆ¢ejer ieejbÅ”er mes jef#ele
ii) Covered by Bank/Government Guarantees
50360,86,29 33889,56,62
iii) iewj-peceeveleer iii) Unsecured 46935,99,66 49102,34,25
peesĆ[ Ke (i mes iii) TOTAL B(i to iii) 287377,29,35 228676,36,09
ie. I Yeejle ceW DeefieĆce C. I Advances in India
i HeĆeLeefcekeĆ¢lee HeĆeHle #es$e i Priority Sector 64909,93,48 54909,27,21ii meeJe&peefvekeĆ¢ #es$e ii Public Sector 23704,48,27 23053,89,13iii yeQkeĆ¢ iii Banks 2095,10,85 520,78,73iv DevĆe iv Others 111365,86,96 202075,39,56 90923,91,42 169407,86,49II Yeejle mes yeenj DeefieĆce II Advances Outside Indiai yeQkeĆ¢eW mes HeĆeHĆe i Due from Banks - 119,49,70ii DevĆe mes HeĆeHĆe ii Due from Others
keĆ¢) Kejeros Deewj YegveeS ieS efyeue
a) Bills Purchased & Discounted
33315,39,60 25851,45,42
Ke) eEme[erkeĆ¢sÅ” $e+Ce b) Syndicated Loans 12068,97,80 9529,92,14
ie) DevĆe c) Others 39917,52,39 85301,89,79 23767,62,34 59268,49,60
peesĆ[ ie(I Deewj II) TOTAL C(I & II) 287377,29,35 228676,36,09
(000's DevebefkeĆ¢le omitted)
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(000's DevebefkeĆ¢le omitted)
31 ceeĆe&, 2012 keĆ¢esAs on 31st Mar, 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st Mar, 2011
` ` ` `
DevegmetĆeer-10 DeĆeue DeeefmleĆeeb SCHEDULE - 10 FIXED ASSETS
I Heefjmej I Premises
efheĆues Je<e& keĆ¢s 31 ceeĆe& keĆ¢es ueeiele/hegvecet&uĆeebefkeĆ¢le jeefMe Hej
At cost/revalued amount ason 31st March of thepreceding year
2488,44,27 2442,16,11
Je<e& kesĆ¢ oewjeve HeefjJeOe&ve/meceeĆeespeve
Additions/adjustmentsduring the year 96,96,40 48,22,01
(Hegvecet&uĆeebefkeĆ¢le jeefMe meefnle) (Includes revalued amount) 2585,40,67 2490,38,12
Je<e& kesĆ¢ oewjeve keĆ¢Å”ewefleĆeeb/meceeĆeespeve
Deductions/adjustments during the year 1,26,78 1,93,85
2584,13,89 2488,44,27
Deepe keĆ¢er leejerKe lekeĆ¢ cetuĆeĆeme/HeefjMeesOeve
Less: Depreciation/Amortisation to date 813,03,56 1771,10,33 712,12,97 1776,31,30
II DevĆe DeĆe} DeeefmleĆeeb (HeĆ¢veeaĆej SJeb efHeĆ¢keƤmeĆej keĆ¢es efce}ekeĆ¢j) efheĆues Je<e& keĆ¢s 31 ceeĆe& keĆ¢es ueeiele /hegvecet&uĆeebefkeĆ¢le jeeefMe Hej
II Other Fixed Assets(including Furniture & Fixtures)At cost/valued amount as on31st March of the preceding year 2059,71,72 1810,48,05
Je<e& kesĆ¢ oewjeve heefjJeOe&ve/meceeĆeespeve
Additions/adjustments during the year 337,57,40 310,09,44
2397,29,12 2120,57,49
IeÅ”eSb : Je<e& kesĆ¢ oewjeve keĆ¢Å”ewefleĆeeb/meceeĆeespeve
Less: Deductions/adjustmentsduring the year 59,84,30 60,85,77
2337,44,82 2059,71,72
IeÅ”eSb : Deepe keĆ¢er leejerKe lekeĆ¢ cetuĆeĆeme
Less : Depreciation to date1767,04,95 570,39,87 1536,31,19 523,40,53
III HeĆ³s Hej oer ieĆeer DeeefmleĆeeb (Deveg<ebieer FkeĆ¢eF& yebo keĆ¢jves Hej DeefOeie=nerle)
III Assets given on Lease (Acquired on winding up of a subsidiary)
efheĆues Je<e& keĆ¢s 31 ceeĆe& keĆ¢er ueeiele /hegvecet&uĆeebefkeĆ¢le jeefMe Hej
At cost/valued amount as on 31st March of the preceding year
- 13,95,89
IeÅ”eSb : Deepe keĆ¢er leejerKe lekeĆ¢ cetuĆeĆeme
Less : Depreciation to date - - 13,95,89 -
peesĆ[ (I mes III) TOTAL (I to III) 2341,50,20 2299,71,83
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31 ceeĆe&, 2012 keĆ¢esAs on 31st Mar, 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st Mar, 2011
` ` ` `
DevegmetĆeer -11DevĆe DeeefmleĆeeb
SCHEDULE - 11 OTHER ASSETS
I Deblej keĆ¢eĆee&ueĆe meceeĆeespeve (efveJe}) I Inter-Office Adjustments (Net) 354,64,99 274,24,46
II GHeefĆele yĆeepe II Interest Accrued 3515,91,88 2433,59,22
III DeefieĆce keĆ¢j Yegieleeve/Åeesle Hej keĆ¢j keĆ¢Å”ewleer (HeĆeJeOeeveeW keĆ¢e efveJeue)
III Tax paid in advance/tax deducted at source(net of provisions)
1993,11,31 1316,28,35
IV uesKeve meeceieĆer Deewj mÅ”ecHe IV Stationery & Stamps 7,07,33 7,08,28
V DevĆe V Others 4353,97,51 2059,23,32
peesĆ[ (I mes V) TOTAL (I to V) 10224,73,02 6090,43,63
DevegmetĆeer -12DeekeĆ¢efmcekeĆ¢ osĆeleeSb
SCHEDULE - 12CONTINGENT LIABILITIES
I yeQkeĆ¢ keĆ¢s efJeĀ¤Ć¦ oeJes efpevnW osveoejer veneR ceevee ieĆee
I Claims against the Bank not acknowledged as Debts 64,73,47 232,56,06
II DeebefMekeĆ¢ ĆegkeĆ¢lee efveJesMeeW keĆ¢s efueĆes osĆelee II Liability for partly paid Investments 28,00 28,00
III yekeĆ¢eĆee JeeĆeoe efJeefveceĆe mebefJeoeDeeW keĆ¢s keĆ¢ejCe osĆelee
III Liability on account of outstanding Forward Exchange Contracts
93031,85,80 78432,99,31
IV mebIeÅ”keĆ¢eW keĆ¢er Deesj mes oer ieĆeer ieejbefÅ”Ćeeb :
IV Guarantees given on behalf of Constituents :
keĆ¢) Yeejle ceW a) In India 13765,92,57 11780,04,65
Ke) Yeejle mes yeenj b) Outside India 9979,65,84 23745,58,41 7678,15,84 19458,20,49
V mJeerke=Ć¢efleĆeeb, HejebkeĆ¢ve SJeb DevĆe oeefĆelJe V Acceptances, Endorsements and Other Obligations 17950,28,63 14890,95,28
VI DevĆe ceoW, efpevekeĆ¢s efueS yeQkeĆ¢ keĆ¢er DeekeĆ¢efmcekeĆ¢ osĆelee nQ,
VI Other items for which the Bank is Contingently liable 17710,07,00 14148,87,89
peesĆ[ (I mes VI) TOTAL (I to VI) 152502,81,31 127163,87,03
(000's DevebefkeĆ¢le omitted)
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31 ceeĆe&, 2012 keĆ¢esYear Ended
31st Mar, 2012
31 ceeĆe&, 2011 keĆ¢esYear Ended
31st Mar, 2011
` ` ` `
DevegmetĆeer-13Deefpe&le yĆeepe
SCHEDULE - 13INTEREST EARNED
I DeefieĆceeW/efyeueeW Hej yĆeepe/yeĆ³e I Interest / Discount on Advances / Bills
22369,40,96 16183,76,26
II efveJesMeeW Hej DeeĆe II Income on Investments 6184,72,95 4774,78,27
III YeejleerĆe efj]peJe& yeQkeĆ¢ keĆ¢s Heeme Mes<e jkeĆ¢ce Deewj DevĆe Deblej yeQkeĆ¢ efveefOeĆeeW Hej yĆeepe
III Interest on Balances with Reserve Bank of India and other Inter-Bank Funds
837,43,27 494,49,37
IV DevĆe IV Others 282,15,24 432,87,66
peesĆ[ (I mes IV) TOTAL (I to IV) 29673,72,42 21885,91,56
DevegmetĆeer -14 DevĆe DeeĆe
SCHEDULE - 14OTHER INCOME
I keĆ¢ceerMeve, efJeefveceĆe Deewj oueeueer I Commission, Exchange and Brokerage
1226,08,44 1020,63,83
II efveJesMeeW kesĆ¢ efJeāŗeĆ¢Će Hej ueeYe II Profit on sale of Investments 643,15,79 472,95,89
IeÅ”eSb : efveJesMeeW keĆ¢er efyeāŗeĆ¢er hej neefve Less: Loss on sale of Investments
36,48,69 606,67,10 29,25,53 443,70,36
III Yetefce, FceejleeW Deewj DevĆe DeeefmleĆeeW kesĆ¢ efJeāŗeĆ¢Će Hej ueeYe
III Profit on sale of Land, Buildings and Other Assets
2,57,17 1,37,25
IeÅ”eSb : Yetefce, FceejleeW Deewj DevĆe DeeefmleĆeeW keĆ¢er efyeāŗeĆ¢er hej neefve
Less: Loss on sale of Land, Buildings and Other Assets
1,76,03 81,14 1,54,68 (17,43)
IV efJeefveceĆe uesve-osve hej ueeYe IV Profit on Exchange Transactions
690,77,15 515,14,49
IeÅ”eSb : efJeefveceĆe uesve-osve hej neefve Less: Loss on Exchange Transactions
4,66,14 686,11,01 37,46 514,77,03
V efJeosMeeW/Yeejle ceW Deveg<ebieer FkeĆ¢eFĆeeW keĆ¢bHeefveĆeeW Deewj/Ćee mebĆegĆ²eĆ¢ GĆ eceeW mes }eYeebMe Deeefo keĆ¢s Ā¤He ceW Deefpe&le DeeĆe
V Income Earned by way of Dividends etc. from Subsidiaries/Companies and/or Joint Ventures abroad/ in India
25,57,86 28,46,80
VI efJeefJeOe DeeĆe VI Miscellaneous Income 877,07,27 801,78,01
peesĆ[ (I mes VI) TOTAL (I to VI) 3422,32,82 2809,18,60
ueeYe neefve uesKes keĆ¢er DevegmetefĆeĆeebSchedules to Profit & Loss Account
(000's DevebefkeĆ¢le omitted)
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31 ceeĆe&, 2012 keĆ¢es 31 ceeĆe&, 2011 keĆ¢esYear Ended
31st Mar, 2012Year Ended
31st Mar, 2011
` ` ` `
DevegmetĆeer-15KeĆe& efkeĆ¢Ćee ieĆee yĆeepe
SCHEDULE - 15INTEREST EXPENDED
I peceejeefMeĆeeW Hej yĆeepe I Interest on Deposits 17770,71,70 11862,60,66
II YeejleerĆe efj]peJe& yeQkeĆ¢/ Deblej yeQkeĆ¢ GOeej jeefMeĆeeW Hej yĆeepe
II Interest on Reserve Bank of India / Inter Bank Borrowings 631,14,76 345,34,80
III DevĆe III Others 954,84,77 875,70,31
peesĆ[ (I mes III) TOTAL (I to III) 19356,71,23 13083,65,77
DevegmetĆeer-16HeefjĆeeueve JĆeĆe
SCHEDULE - 16OPERATING EXPENSES
I keĆ¢ce&ĆeeefjĆeeW keĆ¢es Yegieleeve Deewj lelmebybeOeer HeĆeJeOeeve
I Payments to and Provisions for Employees 2985,57,91 2916,78,26
II efkeĆ¢jeĆee, keĆ¢j Deewj efyepeueer II Rent, Taxes and Lighting 415,73,56 357,10,18
III ĆHeeF& Deewj uesKeve meeceieĆer III Printing and Stationery 38,80,56 32,46,90
IV efJe%eeHeve SJeb HeĆĆeej IV Advertisement and Publicity 58,15,34 57,51,10
V yeQkeĆ¢ keĆ¢er mecHeefĆ²e Hej cetuĆeĆeme
V Depreciation on Bank's Property 353,00,90 322,59,36
IeÅ”eĆeW : DeĆe} mecHeefĆ²eĆeeW kesĆ¢ Hegvecet&uĆeebkeĆ¢ve kesĆ¢ keĆ¢ejCe HeĆejef#ele Hetbpeer mes meceeĆeesefpele cetuĆeĆeme
Less Depreciation adjusted from capital reserve on account of revaluation of immovable properties 76,44,38 276,56,52 79,55,26 243,04,10
VI efveosMekeĆ¢eW keĆ¢er HeĆ¢erme, YeĆ²es Deewj KeĆe&
VI Directors' Fees, Allowances and Expenses 1,17,59 85,91
VII uesKee Hejer#ekeĆ¢eW keĆ¢er HeĆ¢erme Deewj KeĆex (MeeKee uesKee Hejer#ekeĆ¢eW keĆ¢er HeĆ¢erme SJeb KeĆex meefnle)
VII Auditors' Fees and Expenses (including Branch Auditors' Fees and Expenses) 39,64,82 38,85,46
VIII efJeefOe HeĆYeej VIII Law Charges 22,12,49 18,87,90
IX [ekeĆ¢, leej Deewj Å”sueerHeĆ¢esve Deeefo
IX Postages, Telegrams, Telephones etc.
99,32,85 88,08,74
X cejccele Deewj jKejKeeJe X Repairs and Maintenance 168,90,38 110,44,95
XI yeercee XI Insurance 277,20,30 229,68,16
XII DevĆe KeĆex XII Other Expenditure 775,49,41 536,11,83
peesĆ[ (I mes XII) TOTAL (I to XII) 5158,71,73 4629,83,49
(000's DevebefkeĆ¢le omitted)
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DevegmetĆeer-17 : 31 ceeĆe&, 2012 keĆ¢es meceeHle Je<e& keĆ¢er GuuesKeveerĆe uesKeebkeĆ¢ve veerefleĆeebSchedule - 17 : Significant accounting policies for the year ended March 31, 2012
1. BASiS OF PREPARAtiOn
The financial statements have been prepared under the historical cost convention unless otherwise stated. They conform to Generally Accepted Accounting Principles (GAAP) in India, which comprises statutory provisions, regulatory/ Reserve Bank of India (RBI) guidelines, Accounting Standards/ guidance notes issued by the Institute of Chartered Accountants of India (ICAI) and the practices prevalent in the banking industry in India. In respect of foreign offices, statutory provisions and practices prevailing in respective foreign countries are complied with.
2 USE OF EStiMAtES
The preparation of financial statements requires the management to make estimates and assumptions considered in the reported amount of assets and liabilites (including contingent liabilites) as of date of the financial statements and the reported income and expenses for the reporting period. Management believes that the estimates used in the preparation of the financial statements are prudent and reasonable. Future results could differ from these estimates. Any revision to the accounting estimates is recognised prospectively in the current and future periods unless otherwise stated.
3 inVEStMEntS
3.1 Classification
The Investment portfolio of the Bank is classified, in accordance with the RBI guidelines, into:
a āHeld to Maturityā (HTM) comprising Investments acquired with the intention to hold them till maturity.
b āHeld for Tradingā (HFT) comprising Investments acquired with the intention to trade.
c āAvailable for Saleā (AFS) comprising Investments not covered by (a) and (b) above i.e. those which are acquired neither for trading purposes nor for being held till maturity.
3.2 Acquisition Cost Cost of acquisition of Investments is net of incentives,
front-end fees and commission.3.3 Basis of Valuation Investments classified as HTM are carried at weighted
average acquisition cost unless it is more than the face value, in which case the premium is amortized over the period remaining to maturity.
Investments classified as HTM includes debentures / bonds which are deemed to be in the nature of / treated as advances (for which provision is made by applying the RBI prudential norms of assets classification and provisioning applicable to Advances).
Investments in Regional Rural Banks, Treasury Bills, Commercial Papers and Certificates of Deposit which have been valued at carrying cost.
1. lewĆeejer keĆ¢e DeeOeej
efJeĆ²eerĆe efJeJejefCeĆeeb, peye lekeĆ¢ efkeĆ¢ DevĆeLee GuuesKe ve nes, HejcHejeiele ueeiele DeeOeej Hej lewĆeej keĆ¢er ieF& nQ. Ćes Yeejle ceW meeceevĆeleĆee ceevĆe uesKeekeĆ¢jCe efmeƦeble (peerSSheer)kesĆ¢ Devegmeej nQ efpeveceW meebefJeefOekeĆ¢ HeĆeJeOeeve, efJeefveĆeecekeĆ¢/YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMeeefveoxMe, YeejleerĆe meveoer uesKeekeĆ¢ej mebmLeeve (DeeF&meerSDeeF&) Ćeje peejer uesKee ceevekeĆ¢/ceeie&oMeea veesÅ”dme leLee Yeejle kesĆ¢ yeQefkebĆ¢ie GĆ eesie ceW HeĆĆeefuele keĆ¢eĆe&HeĆCeeueer meceeefJe<Å” nw. efJeosMeer keĆ¢eĆee&ueĆeeW kesĆ¢ meboYe& ceW mebyebefOele osMeeW kesĆ¢ HeĆĆeefuele meebefJeefOekeĆ¢ HeĆeJeOeeveeW Deewj keĆ¢eĆe&HeĆCeeueer keĆ¢e DevegHeeueve efkeĆ¢Ćee ieĆee nw.
2. DeekeĆ¢ueveeW keĆ¢e GheĆeesie
efJeĆ²eerĆe efJeJejCeeW keĆ¢es lewĆeej keĆ¢jves ceW efJeĆ²eerĆe efJeJejCe keĆ¢er leejerKe keĆ¢es efjHeesÅ”& keĆ¢er ieF& Deeefmle SJeb osĆeleeDeeW (DeekeĆ¢efmcekeĆ¢ osĆeleeDeeW meefnle) leLee efjHeesÅ”& keĆ¢er ieF& DeJeefOe keĆ¢er DeeĆe SJeb JĆeĆe mebyebOeer jeefMe keĆ¢es efjHeesÅ”& keĆ¢jves nsleg HeĆyebOeve keĆ¢es keĆ¢efleHeĆe DevegceeveeW Deewj DeekeĆ¢ueveeW keĆ¢er ceoo uesveer heĆ[leer nw. HeĆyebOeve keĆ¢e efJeMJeeme nw efkeĆ¢ efJeĆ²eerĆe efJeJejCe keĆ¢es lewĆeej keĆ¢jves kesĆ¢ efueS HeĆĆegkeƤle DeekeĆ¢ueve efJeJeskeĆ¢HetCe& Deewj GefĆele nQ. YeeJeer heefjCeece Fve DeekeĆ¢ueveeW mes efYeVe nes mekeĆ¢les nQ. uesKee DevegceeveeW ceW keĆ¢esF& Yeer heefjJele&ve/mebMeesOeve Jele&ceeve SJeb YeeJeer DeJeefOe mes ceevĆe nesiee peye lekeĆ¢ efkeĆ¢ DevĆeLee GuuesKe ve efkeĆ¢Ćee ieĆee nes.
3. efveJesMe 3.1 JeieeakeĆ¢jCe
yeQkeĆ¢ kesĆ¢ mebHetCe& efveJesMe HeesÅ”&HeĆ¢esefueĆees keĆ¢e JeieeakeĆ¢jCe YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efveoxMeeW kesĆ¢ DevegĀ¤He efvecveevegmeej efkeĆ¢Ćee ieĆee nw, efpemeceW
(keĆ¢) āāHeefjHekeƤJelee lekeĆ¢ Oeeefjleāā ceW Jes efveJesMe Meeefceue nbw efpevnW HeefjHekeƤJelee lekeĆ¢ jKeves kesĆ¢ GƶsMĆe mes HeĆeHle efkeĆ¢Ćee ieĆee nw.
(Ke) āāJĆeeHeej nsleg Oeeefjleāā ceW Jes efveJesMe Meeefceue nQ, efpevnW JĆeeHeej kesĆ¢ GƶsMĆe mes HeĆeHle efkeĆ¢Ćee ieĆee nw.
(ie) āāefyeāŗeĆ¢er nsleg GHeueyOeāā ceW Jes efveJesMe Meeefceue nQ, pees GHejeskeƤle (keĆ¢) leLee (Ke) ceW Meeefceue veneR nbw, DeLee&le pees ve lees JĆeeHeej kesĆ¢ GƶsMĆe mes HeĆeHle efkeĆ¢S ieS nQ Deewj ve ner HeefjHekeƤJelee lekeĆ¢ jKeves kesĆ¢ GƶsMĆe mes HeĆeHle efkeĆ¢S ieS nQ.
3.2 DeefOeĀ«enCe ueeiele
efveJesMe keĆ¢er DeefYeĀ«enCe ueeiele ceW Ćeeslmeenve, ĆeejbefYekeĆ¢ MegukeĆ¢ SJeb keĆ¢ceerMeve jeefMe meefcceefuele nw.
3.3 cetuĆeebkeĆ¢ve keĆ¢e DeeOeej āāHeefjHekeƤJelee lekeĆ¢ Oeeefjleāā kesĆ¢ Ā¤He ceW Jeieeake=Ć¢le efveJesMeeW keĆ¢es Yeeefjle
Deewmele DeefOeĀ«enCe ueeiele Hej efueĆee ieĆee nw, yeMelex Jen DebefkeĆ¢le cetuĆe mes DeefOekeĆ¢ nes, Fme efmLeefle ceW HeĆerefceĆece keĆ¢es HeefjHekeƤJelee keĆ¢er Mes<e DeJeefOe lekeĆ¢ HeefjMeesefOele efkeĆ¢Ćee ieĆee nw.
āāHeefjHekeƤJelee lekeĆ¢ Oeeefjleāā kesĆ¢ Ā¤He ceW Jeieeake=Ć¢le efveJesMeeW ceW ef[yeWĆej/yeeb[, efpevnW mJeĀ¤He/HeĆke=Ć¢efle keĆ¢er Ćef<Å” mes DeefieĆce ceevee peelee nw, Meeefceue nw (efpevekesĆ¢ efueS Deeefmle JeieeakeĆ¢jCe mebyebOeer YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efJeJeskeĆ¢HetCe& ceeveob[ leLee DeefieĆceeW Hej ueeiet HeĆeJeOeeve kesĆ¢ Devegmeej ĆeeJeOeeve efkeĆ¢S peeles nQ)
#es$eerĆe ieĆeceerCe yeQkeĆ¢eW, Å”s]pejer efyeue, keĆ¢ceefMe&Ćeue HesHeme&, Fbefoje efJekeĆ¢eme-He$e, efkeĆ¢meeve efJekeĆ¢eme He$e Deewj pecee HeĆceeCe-He$e Hej efkeĆ¢S ieS efveJesMe Meeefceue nQ Deewj efpevekesĆ¢ cetuĆe keĆ¢e efveOee&jCe jKeeJe ueeiele Hej efkeĆ¢Ćee ieĆee nw.
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Investments in subsidiaries and joint ventures (both in India and abroad) are valued at acquisition cost less diminution, other than temporary in nature.
Bankās investments in units of VCFs made after 23.08.2006 are classified under HTM category for initial period of three years and are valued at cost. After period of three years from date of disbursement, it will be shifted to AFS and marked-to-market as per RBI guidelines.
Investments classified as HFT and AFS are marked to market scrip-wise and the resultant net depreciation if any, in each category disclosed in the Balance Sheet is recognized in the Profit and Loss Account, while the net appreciation, if any, is ignored.
Investments made by the Bank as Primary Dealer in Treasury Bills under HFT category have been valued at carrying cost.
For the purpose of valuation of quoted investments in āHeld for Tradingā and āAvailable for Saleā categories, the market rates / quotes on the Stock Exchanges, the rates declared by Primary Dealers Association of India (PDAI) / Fixed Income Money Market and Derivatives Association (FIMMDA) / Foreign Exchange Dealers Association of India (FEDAI) are used.
Investments for which such rates / quotes are not available are valued as per norms laid down by RBI, which are as under:
a Government / Approved securities
- on Yield to Maturity basis.
b Equity Shares, PSU and Trustee shares
- at book value as per the latest Balance Sheet (not more than 12 months old), otherwise Re.1 per company.
c Preference Shares - on Yield to Maturity basis with appropriate credit spread mark- up
d PSU Bonds - on Yield to Maturity basis with appropriate credit spread mark-up.
e Units of Mutual Funds
- at the latest repurchase price / NAV declared by the Fund in respect of each scheme.
f Venture Capital - Declared NAV or break up NAV as per audited balance sheet which is not more than 18 months old. If NAV/ audited financials are not available for more than 18 months continuously then at Re. 1/- per VCF.
3.4 Disposal of Investments
Profit/ loss on sale of Investments classified as HTM is recognized in the Profit and Loss Account based on
mebĆegkeƤle GĆ eceeW leLee Deveg<ebefieĆeeW ceW (Yeejle leLee efJeosMe oesveeW ceW), DemLeeĆeer HeĆkeĆ¢ej kesĆ¢ efveJesMeeW keĆ¢es ĆeĆs[keĆ¢j efveJesMeeW keĆ¢e cetuĆeebkeĆ¢ve, Ćeme cetuĆe keĆ¢es IeÅ”ekeĆ¢j DeefOeieĆnCe ueeiele Hej efkeĆ¢Ćee peelee nw.
JeermeerSHeĆ¢ FkeĆ¢eFĆeeW ceW efoveebkeĆ¢ 23.08.2006 kesĆ¢ yeeo efkeĆ¢S ieS yeQkeĆ¢ efveJesMeeW keĆ¢es ĆeejbefYekeĆ¢ leerve Je<e& keĆ¢er DeJeefOe kesĆ¢ efueS āheefjhekeƤJelee lekeĆ¢ Oeeefjleā mebJeie& ceW Jeieeake=Ć¢le efkeĆ¢Ćee peelee nw Deewj ueeiele hej cetuĆeebefkeĆ¢le efkeĆ¢Ćee peelee nw. mebefJelejCe kesĆ¢ leerve Je<e& heMĆeele Fmes āefyeāŗeĆ¢er kesĆ¢ efueS GheueyOeā ceW Debleefjle keĆ¢j efoĆee peelee nw Deewj YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW kesĆ¢ Devegmeej āyeepeejā kesĆ¢ Ā¤he ceW efĆeefvnle efkeĆ¢Ćee peelee nw.
āāJĆeeHeej kesĆ¢ efueS Oeeefjleāā SJeb āāefyeāŗeĆ¢er kesĆ¢ efueS GHeueyOeāā kesĆ¢ Ā¤He ceW Jeieeake=Ć¢le efveJesMe, efmāŗeĆ¢HeJeej yeepeej kesĆ¢ Ā¤he ceW efĆeefvnle efkeĆ¢Ćes peeles nQ Deewj legueve he$e ceW Ieesef<ele HeefjCeeceer MegƦ cetuĆeĆeme Ćeefo keĆ¢esF& nes, keĆ¢es āāueeYe neefve Keelesāā kesĆ¢ efnmeeye ceW efueĆee peelee nw, peyeefkeĆ¢ Ćeefo keĆ¢esF& cetuĆe Je=efƦ nes lees Gmes ĆeĆs[ efoĆee peelee nw.
ĆeeLeefcekeĆ¢ [eruej kesĆ¢ Ā¤he ceW yeQkeĆ¢ Ćeje JĆeeheej kesĆ¢ efueS Oeeefjle mebJeie& kesĆ¢ Devleie&le Å”^spejer efyeueeW ceW efveJesMe keĆ¢e cetuĆeebkeĆ¢ve cetuĆeeW kesĆ¢ Devegmeej efleceener DeeOeej hej efkeĆ¢Ćee peelee nw.
āāJĆeeHeej kesĆ¢ efueS Oeeefjleāā leLee āāefyeāŗeĆ¢er kesĆ¢ efueS GHeueyOeāā ĆesCeer kesĆ¢ efveJesMeeW kesĆ¢ cetuĆeebkeĆ¢ve kesĆ¢ efueS, yee]peej mÅ”e@keĆ¢ SkeƤmeĆeWpe ceW GƦ=le ojW, HeĆeFcejer [erueme& SmeesefmeSMeve Dee@He]Ć¢ Fbef[Ćee (Heer[erSDeeF&)/efHeĆ¢keƤm[ FvkeĆ¢ce ceveer ceekexĆ¢Å” Sb[ [sefjJe@efÅ”Jme SmeesefmeSMeve (SHeĆ¢DeeF&SceSce[erS)/ HeĆ¢e@jsve SkeƤmeĆeWpe [erueme& SmeesefmeSMeve Dee@]HeĆ¢ Fbef[Ćee (SHeĆ¢F[erSDeeF&) Ćeje Ieesef<ele ojeW keĆ¢e GHeĆeesie efkeĆ¢Ćee ieĆee nw.
efpeve efveJesMeeW kesĆ¢ efueS Ssmeer ojW/GƦ=le ojW GHeueyOe veneR nQ, GvekeĆ¢e cetuĆeve YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efveOee&efjle ceeveob[eW kesĆ¢ Devegmeej efkeĆ¢Ćee ieĆee nw, pees efvecveevegmeej nQ :
keĆ¢) mejkeĆ¢ejer/Devegceesefole HeĆefleYetefleĆeeb
- āāHeefjHekeƤJelee HeĆefleHeĆ¢ueāā kesĆ¢ DeeOeej Hej
Ke) FefkeƤJeÅ”er MesĆej, HeerSmeĆet Deewj Å”^mÅ”er MesĆej
- DeĆ eleve legueve-He$e (12 ceen mes DeefOekeĆ¢ Hegjevee veneR) kesĆ¢ Devegmeej yener cetuĆe Hej DevĆeLee `1/- HeĆefle kebĆ¢Heveer.
ie) DeefOeceeveer MesĆej - mecegefĆele āŗesĆ¢ef[Å” mĆes[ ceeke&Ć¢-Dehe kesĆ¢ meeLe heefjhekeƤJelee kesĆ¢ ĆeefleHeĆ¢ue kesĆ¢ DeeOeej hej
Ie) HeerSmeĆet yeeb[ - mecegefĆele āŗesĆ¢ef[Å” mHeĆs[ ceeke&Ć¢ DeHe kesĆ¢ meeLe HeefjHekeƤJelee kesĆ¢ HeĆefleHeĆ¢ue kesĆ¢ DeeOeej Hej.
[.) cĆetĆegDeue HebĆ¢[ keĆ¢er ĆetefveÅ”W
HebĆ¢[ Ćeje HeĆlĆeskeĆ¢ mkeĆ¢erce kesĆ¢ mebyebOe ceW Ieesef<ele DeĆ eleve HegveKe&jero cetuĆe/Sve.S.Jeer. Hej
Će) GĆ ece Hetbpeer uesKeeHejeref#ele legueveHe$e, pees efkeĆ¢ 18 ceen mes pĆeeoe Hegjeveer ve nes, kesĆ¢ Devegmeej Ieesef<ele SveSJeer Ćee Deueie-Deueie SveSJeer. Ćeefo, ueieeleej 18 ceen mes DeefOekeĆ¢ kesĆ¢ SveSJeer Ćee uesKeeHejeref#ele efJeĆ²eerĆe DeeĆbkeĆ¢[s GHeueyOe ve nes lees HeĆefle JeermeerSHeĆ¢ ` 1/-
3.4 efveJesMeeW keĆ¢e efvemleejCe āāHeefjHekeƤJelee lekeĆ¢ Oeeefjleāā kesĆ¢ Ā¤He ceW Jeieeake=Ć¢le efkeĆ¢S ieS efveJesMeeW keĆ¢er
efyeāŗeĆ¢er Hej nesves Jeeues ueeYe/neefve keĆ¢es, efveJesMe mes mebyebefOele Yeeefjle Deewmele ueeiele/yener cetuĆe kesĆ¢ DeeOeej Hej ueeYe/neefve uesKes ceW efueĆee peelee nw
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the weighted average cost / book value of the related Investments and an amount equivalent of profit on sale of Investments in HTM classification is appropriated to Capital Reserve Account.
Profit/ loss on sale of Investment in AFS/ HFT category is recognized in Profit and Loss Account.
3.5 The Bank is following uniform methodology of accounting for investments on settlement date basis.
3.6 In respect of investments at overseas branches, RBI guidelines or those of the host countries, whichever are more stringent are followed. In case of those branches situated in countries where no guidelines are specified, the guidelines of the RBI are followed.
3.7 The transfer of a security between these categories is accounted for at the acquisition cost / book value / market value on the date of transfer, whichever is the least, and the depreciation, if any, on such transfer is fully provided for.
3.8 In respect of non-performing securities, income is not recognised, and provision is made for depreciation in the value of such securities as per RBI guidelines.
3.9 REPO / Reverse REPO
The Bank has adopted the Uniform Accounting Procedure prescribed by the RBI for accounting of market Repo and Reverse Repo transactions [other than the Liquidity Adjustment Facility (LAF) with the RBI]. Repo and Reverse Repo Transactions are treated as Collaterised Borrowing / Lending Operations with an agreement to Repurchase on the agreed terms. Securities sold under Repo are continued to be shown under investments and Securities purchased under Reverse Repo are not included in investments. Costs and revenues are accounted for as interest expenditure / income, as the case may be.
Securities purchased / sold under LAF with RBI are debited / credited to investment Account and reversed on maturity of the transaction. Interest expended / earned thereon is accounted for as expenditure / revenue.
3.10 Derivatives
The Bank presently deals in interest rate and currency derivatives. The interest rate derivatives dealt with by the Bank are Rupee Interest Rate Swaps, Foreign Currency Interest Rate Swaps and forward rate agreements. Currency Derivatives dealt with by the Bank are Options and Currency swaps.
Based on RBI guidelines, Derivatives are valued as under:
The hedge/ non-hedge(market making) transactions are recorded separately. Derivative contracts designated as hedges are not marked to market unless their underlying is marked to market. Trading derivative positions are marked-to-market (MTM) and the resulting losses, if any, are recognized in the Profit and Loss Account. Profit, if any, is ignored. Income and Expenditure relating to interest rate swaps are recognized on the settlement date. Gains/ losses on termination of the trading swaps are recorded on the termination date as income/ expenditure.
leLee āāHeefjHekeƤJelee lekeĆ¢ Oeeefjleāā JeieeakeĆ¢jCe ceW efveJesMe keĆ¢er efyeāŗeĆ¢er Hej meceleguĆe ueeYe kesĆ¢ meceeve jeefMe Hetbpeeriele HeĆejef#ele Keeles ceW meceeĆeesefpele keĆ¢er ieF& nw.
āefyeāŗeĆ¢er kesĆ¢ efueS GheueyOeā Deewj JĆeeheej kesĆ¢ efueS Oeeefjle efveJesMeeW keĆ¢er efyeāŗeĆ¢er mes nesves Jeeues ueeYe/neefve keĆ¢es ueeYe neefve KeeleW ceW ĆeYeeefjle efkeĆ¢Ćee peelee nw.
3.5 efveheÅ”eve leejerKe DeeOeej hej efkeĆ¢S ieS efveJesMe kesĆ¢ efueS yeQkeĆ¢ SkeĆ¢Ā¤he uesKeebkeĆ¢ve heƦefle Deheveelee nw.
3.6 efJeosMeer MeeKeeDeeW kesĆ¢ mebyebOe ceW, YeejleerĆe efj]peJe& yeQkeĆ¢ DeLeJee Gme osMe kesĆ¢ efoMee-efveoxMeeW keĆ¢es, pees Yeer pĆeeoe meKle neW, keĆ¢e Heeueve efkeĆ¢Ćee ieĆee nw. efJeosMeeW ceW efmLele Gve MeeKeeDeeW kesĆ¢ ceeceues ceW peneb Hej efoMee-efveoxMe efJeefveefo&<Å” veneR nQ, Jeneb YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW keĆ¢e Heeueve efkeĆ¢Ćee peelee nw.
3.7 Fve ĆesefCeĆeeW kesĆ¢ yeerĆe HeĆefleYetefleĆeeW kesĆ¢ DeblejCe keĆ¢er ieCevee, DeblejCe keĆ¢er leejerKe keĆ¢es GmekeĆ¢er DeefOeieĆnCe ueeiele/yener cetuĆe/yeepeej cetuĆe ceW mes pees Yeer keĆ¢ce nes, Hej keĆ¢er peeleer nw Deewj Ssmes DeblejCe kesĆ¢ HeĆ¢uemJeĀ¤He DeeS cetuĆeĆeme, Ćeefo keĆ¢esF& nw, kesĆ¢ efueS HeĆeJeOeeve efkeĆ¢Ćee peelee nw.
3.8 iewj-efve<Heeefole HeĆefleYetefleĆeeW kesĆ¢ mebyebOe ceW DeeĆe keĆ¢es ceevĆelee veneR oer ieF& nw Deewj Fve HeĆefleYetefleĆeeW kesĆ¢ cetuĆe ceW cetuĆeĆeme kesĆ¢ efueS YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee efveoxMeevegmeej GHeĆegkeƤle HeĆeJeOeeve efkeĆ¢Ćee ieĆee nw.
3.9 Hegve:Kejero/HeĆlĆeeJeefle&le Hegve: Kejero
yeQkeĆ¢ ves Hegve: Kejero leLee HeĆlĆeeJeefle&le Hegve: Kejero uesveosveeW keĆ¢es uesKeebefkeĆ¢le keĆ¢jves nsleg YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje yeleeF& ieF& SkeĆ¢ meceeve uesKee HeĆCeeueer keĆ¢es DeHeveeĆee nw. (YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ meeLe ĆeueefveefOe meceeĆeespeve megefJeOee (SueSSHeĆ¢) kesĆ¢ Debleie&le ngS uesveosveeW keĆ¢es ĆeĆs[keĆ¢j). hegve: Kejero SJeb ĆelĆeeJeefle&le hegve: Kejero mebJĆeJenejeW keĆ¢es mebheeefMJe&keĆ¢ GOeej/$e+Ceoeve kesĆ¢ Debleie&le ceevee peelee nw efpemeceW mencele MeleeX hej hegve:Kejero keĆ¢e keĆ¢jej efkeĆ¢Ćee peelee nw. hegve: Kejero kesĆ¢ Devleie&le efyeāŗeĆ¢er keĆ¢er ĆeefleYetefleĆeeW keĆ¢es efveJesMe kesĆ¢ Devleie&le oMee&Ćee peelee nw Deewj ĆelĆeeJeefle&le hegve: Kejero ĆeefleYetefleĆeeW keĆ¢es efveJesMe ceW Meeefceue veneR efkeĆ¢Ćee peelee. ueeiele SJeb jepemJe keĆ¢es $e+Ce yĆeepe JĆeĆe/DeeĆe keĆ¢es ĆeLeeefmLeefle uesKeeke=Ć¢le efkeĆ¢Ćee peelee nw.
YeejleerĆe efjpeJe& yeQkeĆ¢ kesĆ¢ heeme ĆeueefveefOe meceeĆeespeve megefJeOee kesĆ¢ Debleie&le Kejeroer/yesĆeer ieF& ĆeefleYetefleĆeeb efveJesMe Keeles ceW veeces/pecee keĆ¢er peeleer nQ Deewj mebJĆeJenej keĆ¢er heefjhekeƤJelee hej ĆelĆeeJeefle&le keĆ¢er peeleer nQ. KeĆe& efkeĆ¢Ćes yĆeepe/Gme hej Deefpe&le DeeĆe keĆ¢es JĆeĆe/jepemJe kesĆ¢ Ā¤he ceW efnmeeye ceW efueĆee peelee nw.
3.10 [sefjJesefÅ”Jme yeQkeĆ¢ Jele&ceeve ceW yĆeepe ojeW leLee cegƵe [sefjJesefÅ”Jme ceW [erue keĆ¢jlee nw.
yeQkeĆ¢ Ćeje JĆeJeneefjle yĆeepe oj [sefjJesefÅ”Jme ceW Ā®HeĆee yĆeepe oj mJewHe, efJeosMeer cegƵe yĆeepe-oj mJesHe leLee HeĆ¢ejJe[& jsÅ” SieĆerceWÅ”dme Meeefceue nQ. yeQkeĆ¢ Ćeje JĆeJenej ceW ueeĆes peeves Jeeues cegƵe [sefjJesefÅ”Jme ceW Dee@HMeve leLee cegƵe mJesHme nQ.
YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW kesĆ¢ DeeOeej Hej, [sefjJesefÅ”Jme keĆ¢e cetuĆeebkeĆ¢ve efvecveevegmeej efkeĆ¢Ćee peelee nw :
JĆeJemLee yeĆeeJe/iewj JĆeJemLee yeĆeeJe (ceekexĆ¢Å” cesefkebĆ¢ie) mebJĆeJenej Deueie-Deueie efjkeĆ¢e[& efkeĆ¢Ćes peeles nQ. JĆeJemLee yeĆeeJe [sefjJesefÅ”Jme GheĆeĆe DeeOeej Hej uesKeebefkeĆ¢le efkeĆ¢Ćes peeles nQ. Å”^sef[bie [sefjJesefÅ”Je HeesefpeMevme ceeke&dĆ¢[ Å”t ceekexĆ¢Å” (SceÅ”erSce) nQ leLee efkeĆ¢meer Yeer HeĆkeĆ¢ej keĆ¢er neefve, Ćeefo keĆ¢esF& nes ueeYe-neefve Keeles ceW ope& keĆ¢er peeleer nw. ueeYe, Ćeefo keĆ¢esF& nes, keĆ¢es ope& veneR efkeĆ¢Ćee peelee. yĆeepe oj mJewHe mes mebyebefOele DeeĆe leLee JĆeĆe mecePeewlee efleefLe keĆ¢es ope& neslee nw. Å”^sef[bie mJewHme keĆ¢er meceeefHle Hej ueeYe/neefve meceeefHle efleefLe Hej DeeĆe/JĆeĆe kesĆ¢ Ā¤He ceW ope& keĆ¢er peeleer nw.
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For the purpose of valuation, the fair value of the total swap is computed on the basis of the amount that would be receivable or payable on termination of the transactions of the swap agreements as on the Balance Sheet date. Losses arising there from, if any, are fully provided for while the profits, if any, are ignored.
Contingent Liabilities on account of derivative contracts denominated in foreign currencies are reported at closing rates of exchange notified by FEDAI at the Balance Sheet date.
4 ADVAnCES
4.1 Advances in India are classified as Standard, Sub-standard, Doubtful or Loss assets and provision for advances are made as per the Prudential Norms of the RBI. In respect of Advances made in overseas branches, Advances are classified in accordance with Prudential Norms prescribed by the RBI or local laws of the host country in which advances are made, whichever is more stringent.
4.2 Advances are net of specific loan loss provisions, interest suspense, amount received and held in suit-filed Sundry Deposits and Claims Received.
4.3 In respect of Rescheduled / Restructured accounts, Provision for dimunition in fair value of restructured advances is measured in net present value terms as per RBI guidelines.
4.4 In case of financial assets sold to Asset Reconstruction Company (ARC)/ Securitization Company (SC), if the sale is at a price below the net book value (NBV), (i.e. Book value less provisions held) the shortfall is debited to the profit and loss account. If the sale value is higher than the NBV, surplus is carried forward and utilised to meet the shortfall/ loss on account of subsequent sale of non-performing financial assets.
5 FiXED ASSEtS
5.1 Premises and other Fixed Assets are stated at historical cost except revalued premises which are stated at revalued amount. The appreciation on revaluation is credited to Capital Reserve and the depreciation provided thereon is deducted therefrom.
5.2 Premises include land and building under construction.
6 RESERVES AnD SURPLUS
Revenue and other Reserves include Statutory Reserves created by foreign branches as per applicable local laws of the respective countries.
7 REVEnUE RECOGnitiOn
7.1 Income (other than item referred in Paragraph 7.2)/ expenditure is generally recognised on accrual basis. In case of foreign offices, income/ expenditure is recognised as per the local laws of the country in which the respective foreign office is located.
7.2 Income by way of Fees, Commission other than on Government business, Commission on Guarantees, Letter of Credits, Exchange, Brokerage and Interest on Advance Bills are accounted for on realisation
cetuĆeebkeĆ¢ve kesĆ¢ efueS, kegĆ¢ue mJewhe kesĆ¢ JeemleefJekeĆ¢ cetuĆe keĆ¢er ieCevee legueve-He$e keĆ¢er efleefLe keĆ¢es mJewHe keĆ¢jejeW kesĆ¢ keĆ¢ejesyeej meceeefHle Hej HeĆeHĆe Ćee osĆe jeefMe kesĆ¢ DeeOeej hej keĆ¢er peeleer nw, mebyebefOele neefveĆeeW, Ćeefo neW, kesĆ¢ efueS HetCe&le: HeĆeJeOeeve efkeĆ¢Ćee ieĆee nw, peyeefkeĆ¢ ueeYeeW keĆ¢es ĆeĆs[ efoĆee ieĆee nw.
legueve he$e keĆ¢er efleefLe keĆ¢es āHesĆ¢[eF&ā Ćeje DeefOemetefĆele efJeefveceĆe oj kesĆ¢ yebo YeeJe hej efJeosMeer cegƵe ceW [sefjJesefÅ”Je mebefJeoeDeeW keĆ¢es DeekeĆ¢efmcekeĆ¢ osĆeleeDeeW kesĆ¢ Devle&iele Jeieeake=Ć¢le efkeĆ¢Ćee peelee nw.
4. DeefieĆce
4.1 Yeejle ceW DeefieĆceeW keĆ¢es ceevekeĆ¢, DeJeceevekeĆ¢, mebefoiOe Ćee neefve DeeefmleĆeeW kesĆ¢ Ā¤He ceW Jeieeake=Ć¢le efkeĆ¢Ćee peelee nw leLee FmekesĆ¢ efueS HeĆeJeOeeve YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efJeJeskeĆ¢hetCe& ceeveob[eW kesĆ¢ Devegmeej efkeĆ¢Ćee peelee nw. efJeosMeer MeeKeeDeeW Ćeje efoS ieS DeefieĆceeW kesĆ¢ mebyebOe ceW YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efveoxMeeW kesĆ¢ Devegmeej DeLeJee Gme osMe, efpemeceW DeefieĆce efoS ieS nQ, ceW efJeĆ eceeve ceeveob[eW ceW mes pees Yeer keĆ¢Ć[s ceeveob[ nebs, kesĆ¢ DevegĀ¤He Jeieeake=Ć¢le efkeĆ¢Ćee peelee nw.
4.2 DeefieĆce, efJeefveefo&Ā° $e+CeeW Hej neefve kesĆ¢ HeĆeJeOeeveeW, GĆeble yĆeepe, JeeoĀ«emle efJeefJeOe pecee SJeb Ćeehle oeJee jeefMe keĆ¢e efveJeue nw.
4.3 Hegveefve&Oeeefjle/Hegveie&ef"le KeeleeW kesĆ¢ mebyebOe ceW YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee efveoxMeeW kesĆ¢ Devegmeej hegveie&ef"le DeefĀ«eceeW kesĆ¢ GefĆele cetuĆe ceW keĆ¢ceer kesĆ¢ efueS ĆeeJeOeeve efJeĆ eceeve cetuĆe MeleeX hej DeekeĆ¢ueve keĆ¢jles ngS efkeĆ¢Ćee peelee nw.
4.4 Deeefmle Hegveie&"ve kebĆ¢Heveer (SDeejmeer) /HeĆefleYeteflekeĆ¢jCe (efmekeƤĆeesefjÅ”eFpesMeve) kebĆ¢Heveer (Smemeer) keĆ¢es yesĆeer ieF& efJeĆ²eerĆe DeeefmleĆeeW kesĆ¢ ceeceues ceW, Ćeefo efyeāŗeĆ¢er MegƦ yener cetuĆe mes keĆ¢ce cetuĆe Hej keĆ¢er ieF& nes lees neefve (keĆ¢ceer) keĆ¢es ueeYe neefve Keeles ceW veeces efkeĆ¢Ćee peelee nw. Ćeefo efyeāŗeĆ¢er cetuĆe yener cetuĆe mes pĆeeoe nw lees DeefleefjkeƤle HeĆeJeOeeve jeefMe keĆ¢es efjJeme& veneR efkeĆ¢Ćee peelee nw yeefukeĆ¢ Fmes DevĆe iewj efve<heeokeĆ¢ efJeĆ²eerĆe DeeefmleĆeeW keĆ¢er efyeāŗeĆ¢er keĆ¢jves hej keĆ¢ceer/neefve keĆ¢es hetje keĆ¢jves kesĆ¢ efueS GheĆeesie ceW efueĆee peelee nw.
5. DeĆeue DeeefmleĆeeb
5.1 Heefjmej Je DevĆe DeĆeue DeeefmleĆeeb Hegvecet&uĆeebefkeĆ¢le HeefjmejeW keĆ¢es ĆeĆs[keĆ¢j, meeceevĆele: HejcHejeiele cetuĆe Hej ueer ieĆeer nQ. Hegvecet&uĆeebkeĆ¢ve Hej ngF& cetuĆeJe=efƦ, Ćeefo keĆ¢esF& nes, keĆ¢es Hetbpeeriele HeĆejef#ele efveefOe ceW pecee efkeĆ¢Ćee ieĆee nw. leLee Fme Hej cetuĆeĆeme keĆ¢es FmeceW mes IeÅ”eĆee peelee nw.
5.2 HeefjmejeW ceW Yetefce SJeb efvecee&CeeOeerve HeefjmejeW keĆ¢es Meeefceue efkeĆ¢Ćee ieĆee nw.
6. HeĆejef#ele efveefOeĆeeb SJeb DeefOeMes<e
jepemJe SJeb DevĆe HeĆejef#ele efveefOeĆeeW ceW mecyeƦ osMeeW kesĆ¢ HeĆĆeefuele mLeeveerĆe keĆ¢evetveeW kesĆ¢ Devegmeej efJeosMeer MeeKeeDeeW Ćeje efveefce&le meebefJeefOekeĆ¢ HeĆejef#ele efveefOeĆeeW keĆ¢es Meeefceue efkeĆ¢Ćee ieĆee nw.
7. jepemJe keĆ¢e efveOee&jCe
7.1 DeeĆe keĆ¢es GHeĆeĆe DeeOeej Hej peye lekeĆ¢ efkeĆ¢ DevĆeLee GefuueefKele ve nes, uesKeebefkeĆ¢le efkeĆ¢Ćee ieĆee nw. efJeosMeer keĆ¢eĆee&ueĆeeW kesĆ¢ ceeceues ceW DeeĆe / JĆeĆe keĆ¢er ieCevee Gme osMe kesĆ¢ keĆ¢evetve kesĆ¢ Devegmeej keĆ¢er ieF& nw, peneb Hej efJeosMeer keĆ¢eĆee&ueĆe efmLele nw.
7.2 mejkeĆ¢ejer keĆ¢ejesyeej, ieejbefÅ”ĆeeW, meeKe he$eeW, efJeefveceĆe, oueeueer Deeefo hej keĆ¢ceerMeve, DeefĀ«ece efyeueeW hej yĆeepe leLee keĆ¢j efjhebĆ¢[ hej Deefpe&le yĆeepe keĆ¢es ĆesĆ[keĆ¢j MegukeĆ¢, keĆ¢ceerMeve kesĆ¢ ceeOĆece mes DeeĆe keĆ¢es Jemetueer DeeOeej hej efnmeeye ceW efueĆee peelee nw. Deveg<ebefieĆeeW, mebĆegkeƤle GHeāŗeĆ¢ceeW leLee menĆeesieer
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basis. Dividend on shares in Subsidiaries, joint ventures and associates is accounted on realisation basis.
7.3 In view of uncertainty of collection of income in cases of Non-performing Assets/Investments, such income is accounted for only on realisation in terms of the RBI guidelines.
7.4 Lease payments including cost escalation for assets taken on operating lease are recognised in the Profit and Loss Account over the lease term in accordance with the AS 19 (Leases) issued by ICAI.
8 EMPLOYEE BEnEFitS
8.1 PROVIDENT FUND
Provident fund is a defined contribution as the Bank pays fixed contribution at pre-determined rates.The obligation of the Bank is limited to such fixed contribution. The contributions are charged to Profit and Loss Account.
8.2 GRATUITY
Gratuity liability is a defined benefit obligation and is provided for on the basis of an actuarial valuation made at the end of the financial year. The gratuity liability is funded by the bank and is managed by a separate trust.
8.3 PENSION
8.3.1 Pension liability is a defined benefit obligation and is provided for on the basis of actuarial valuation made at the end of the financial year, for the employees who have joined Bank up to 31.03.2010 and opted for pension. The pension liability is funded by the bank and is managed by a separate trust.
8.3.2 New Pension Scheme which is applicable to employees who joined bank on or after 01.04.2010 is a defined contribution scheme, Bank pays fixed contribution at pre determined rate, the obligation of the Bank is limited to such fixed contribution. The contribution is charged to Profit and Loss Account.
8.4 COMPENSATED ABSENCES
Accumulating compensated absences such as Privilege Leave and Sick Leave are provided for based on actuarial valuation.
8.5 OTHER EMPLOYEE BENEFITS
Other Employee benefits such as Leave Encashment, Leave Fare Concession and Additional Retirement Benefit on Retirement are provided for based on actuarial valuation.
In respect of overseas branches and offices, the benefits in respect of employees other than those on deputation are valued and accounted for as per laws prevailing in the respective territories.
9. DEPRECiAtiOn
9.1 Depreciation on Fixed Assets in India [other than those referred in Paragraph 9.3 and 9.4] is provided
kebĆ¢heefveĆeeW kesĆ¢ MesĆejeW Hej ef[efJe[W[ JeemleefJekeĆ¢ HeĆeefHle kesĆ¢ DeeOeej Hej efnmeeye ceW efueS peeles nQ.
7.3 iewj efve<Heeefole DeeefmleĆeeW / eqveJesMeeW hej DeeĆe kesĆ¢ mebieĆn keĆ¢er DeefveefĀ§elelee keĆ¢er Ćef<Å” mes, YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW kesĆ¢ DevegĀ¤He Ssmeer DeeĆe efmeHe&Ć¢ Jemetue nesves Hej ner uesKeebefkeĆ¢le nesleer nw.
7.4 YeejleerĆe meveoer uesKeekeĆ¢ej mebmLeeve Ćeje peejer uesKee ceevekeĆ¢ 19 (heĆ³s) kesĆ¢ Devegmeej ueerpe Mele& hej ueerpe YegieleeveeW keĆ¢es, efpemeceW heefjĆeeueve ueerpe hej ueer ieF& DeeefmleĆeeW keĆ¢er ueeiele Je=efƦ Meeefceue nw, ueeYe/neefve Keeles ceW ĆeYeeefjle efkeĆ¢Ćee peelee nw.
8. keĆ¢ce&ĆeeefjĆeeW keĆ¢es ueeYe
8.1 YeefJe<Će efveefOe
YeefJe<Će efveefOe DebMeoeve Ćeespevee keĆ¢er JĆeeKĆee keĆ¢er ieF& nw Deewj yeQkeĆ¢ hetJe& efveOee&efjle ojeW hej efveefMĆele DebMeoeve keĆ¢e Yegieleeve keĆ¢jlee nw. yeQkeĆ¢ keĆ¢e oeefĆelJe efveefMĆele DebMeoeve lekeĆ¢ meerefcele nw. DebMeoeve keĆ¢es ueeYe/neefve Keeles ceW ĆeYeeefjle efkeĆ¢Ćee peelee nw.
8.2 Gheoeve
Gheoeve osĆelee keĆ¢er JĆeeKĆee ueeYe (efnle) kesĆ¢ Ā¤he ceW JĆeeKĆee keĆ¢er ieF& nw Deewj Je<e& kesĆ¢ Deble ceW mebefĆele cetuĆe DeeOeej hej FmekeĆ¢e ĆeeJeOeeve efkeĆ¢Ćee peelee nw. yeQkeĆ¢ Ćeje Fme Ćeespevee kesĆ¢ efueS jeefMe GheueyOe keĆ¢jJeeĆeer peeleer nw Deewj SkeĆ¢ he=LekeĆ¢ vĆeeme FmekeĆ¢e ĆeyebOeve keĆ¢jlee nw.
8.3 heWMeve
8.3.1 heWMeve osĆelee yeeOĆelee kesĆ¢ Ā¤he ceW JĆeeKĆee keĆ¢er ieF& nw Deewj Je<e& kesĆ¢ Deble ceW mebefĆele cetuĆe DeeOeej FmekeĆ¢e ĆeeJeOeeve efkeĆ¢Ćee peelee nw. Ćen Gve keĆ¢ce&ĆeeefjĆeeW kesĆ¢ efueS nw, efpevnesves 31.3.2010 lekeĆ¢ yeQkeĆ¢ mesJee Ā«enCe keĆ¢er nw. yeQkeĆ¢ Ćeje Fme Ćeespevee kesĆ¢ efueS jeefMe GheueyOe keĆ¢jJeeĆeer peeleer nw Deewj SkeĆ¢ he=LekeĆ¢ vĆeeme FmekeĆ¢e ĆeyebOeve keĆ¢jlee nw.
8.3.2 efpeve keĆ¢ce&ĆeeefjĆees ves yeQkeĆ¢ mesJee 1.4.2010 keĆ¢es Ćee GmekesĆ¢ yeeo Ā«enCe keĆ¢er nw GvekesĆ¢ efueS veF& HeWMeve Ćeespevee HeeefjYeeef<ele DebMeoeve DeeOeej Hej ueeiet nw. yeQkeĆ¢ Ćeje HetJe& efveOee&efjle efveeqĀ§ele DebMeoeve keĆ¢e Yegieleeve efkeĆ¢Ćee peelee nw. yeQkeĆ¢ keĆ¢e oeefĆelJe Ssmes HetJe& efveOee&efjle DebMeoeve lekeĆ¢ ner meerefcele nw. DebMeoeve ueeYe leLee neefve Keeles ces ĆøeYeeefjle neslee nw.
8.4 Ćeeflehetefjle DevegheefmLeefle
mebefĆele Ćeeflehetefjle DevegheefmLeefle ĆeLee Gheeefpe&le DeJekeĆ¢eMe (heerSue) Deewj efĆeefkeĆ¢lmee DeJekeĆ¢eMe (DeĆeĆegĆ²eĆ¢ DeekeĆ¢efmcekeĆ¢ DeJekeĆ¢eMe meefnle) keĆ¢e mebefĆele cetuĆe kesĆ¢ DeeOeej hej ĆeeJeOeeve efkeĆ¢Ćee peelee nw.
8.5 DevĆe keĆ¢ce&Ćeejer ueeYe (efnle)
DevĆe keĆ¢ce&Ćeejer efnle (ueeYe) ĆeLee ĆgĆ³er Ćee$ee efjĆeeĆele, efĆeefkeĆ¢lmee ueeYe Deeefo kesĆ¢ efueS mebefĆele cetuĆe kesĆ¢ DeeOeej hej ĆeeJeOeeve efkeĆ¢Ćee peelee nw.
efJeosMeer MeeKeeDeeW/keĆ¢eĆee&ueĆeeW kesĆ¢ meboYe& ceW ĆeefleefveĆegefĆ²eĆ¢ hej keĆ¢ce&ĆeeefjĆeeW keĆ¢es ĆesĆ[keĆ¢j DevĆe keĆ¢ce&ĆeeefjĆeeW kesĆ¢ efueS mebyebefOele osMe ceW efJeĆ eceeve efveĆeceeW kesĆ¢ Devegmeej ueeYeeW keĆ¢e DeekeĆ¢ueve efkeĆ¢Ćee peelee nw.
9. cetuĆeĆeme 9.1 Yeejle ceW DeĆeue DeeefmleĆeeW kesĆ¢ efueS hegvecet&uĆeebefkeĆ¢le DeeefmleĆeeW keĆ¢es ĆesĆ[keĆ¢j
(efvecve JeefCe&le DevegĆso 9.3 Je 9.4 kesĆ¢ DeueeJee) kebĆ¢heveer DeefOeefveĆece, 1956 keĆ¢er DevegmetĆeer XIV ceW GefuueefKele cetuĆeĆeefmele cetuĆe heƦefle kesĆ¢
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on the written down value method in accordance with Schedule XIV to the Companies Act, 1956, except in case of revalued assets, in respect of which higher depreciation is provided on the basis of estimated useful life of these revalued assets.
9.2 Depreciation on Fixed Assets outside India [other than those referred to in Para 9.3 below] is provided as per local laws or prevailing practices of the respective territories.
9.3 Depreciation on Computers and Software forming an integral part of Computer Hardware, in and oustside India is provided on Straight Line Method at the rate of 33.33% p.a., as per the guidelines of RBI. Computer software not forming part of an intergral part of hardware is charged directly to Profit and Loss Account.
9.4 Depreciation on ATMs is provided on Straight Line Method at the rate of 20% p.a.
9.5 Depreciation on additions is provided for full year and no depreciation is provided in the year of sale / disposal.
9.6 Cost of leasehold land and leasehold improvements are amortised over the period of lease.
10. iMPAiRMEnt OF ASSEtS
Impairment losses (if any) on Fixed Assets (including revalued assets) are recognised in accordance with AS 28 (Impairment of Assets) issued by the ICAI and charged off to Profit and Loss Account.
11. FOREiGn CURREnCY tRAnSACtiOnS
11.1 Accounting for transactions involving foreign exchange is done in accordance with AS 11, (The Effects of Changes in Foreign Exchange Rates), issued by the ICAI.
11.2 As stipulated in AS 11, the foreign currency operations of the Bank are classified as
a) Integral Operations and
b) Non Integral Operations. All Overseas Branches, Offshore Banking Units, Overseas Subsidiaries are treated as Non Integral Operations and domestic operations in foreign exchange and Representative Offices are treated as Integral Operations.
11.3 Translation in respect of Integral Operations
a. The transactions are initially recorded on weekly average rate as advised by FEDAI.
b. Foreign Currency Assets and Liabilities (including contingent liabilities) are translated at the closing spot rates notified by FEDAI at the end of each quarter.
c. The resulting exchange differences are recognized as income or expenses and are accounted through Profit and Loss Account. Any reversals / payment of foreign currency assets and liabilities is done at the weekly
Devegmeej ĆeeJeOeeve efkeĆ¢Ćee peelee nw. FmeceW hegvece&tuĆeebefkeĆ¢le DeeefmleĆeeW keĆ¢er Devegceeefvele GheĆeesie DeJeefOe kesĆ¢ DeeOeej hej DeefOekeĆ¢ cetuĆeĆeme keĆ¢e ĆeeJeOeeve efkeĆ¢Ćee peelee nw.
9.2 Yeejle mes yeenj DeĆeue DeeefmleĆeeW Hej, (veerĆes DevegĆso 9.3 ceW JeefCe&le keĆ¢es ĆesĆ[keĆ¢j) cetuĆeĆeme mLeeveerĆe keĆ¢evetveeW Ćee mebyebefOele osMe ceW HeĆĆeefuele ĆeefāŗeĆ¢Ćee kesĆ¢ Devegmeej efkeĆ¢Ćee peelee nw.
9.3 Yeejle Deewj Yeejle kesĆ¢ yeenj kebĆ¢HĆetÅ”jeW Hej cetuĆeĆeme YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW kesĆ¢ Devegmeej mÅ”^sÅ” ueeFve efJeefOe mes 33.33% keĆ¢er oj mes HeĆoeve efkeĆ¢Ćee ieĆee nw. kebĆ¢HĆetÅ”j mee@HeĆ¤Å”JesĆej, pees efkeĆ¢ ne[&JesĆej keĆ¢e DeefveJeeĆe& Debie veneR nw, keĆ¢e hetCe& cetuĆeĆeme Kejero Je<e& kesĆ¢ oewjeve ner keĆ¢j efoĆee peelee nw.
9.4 SÅ”erSce Hej cetuĆeĆeme keĆ¢e ĆeeJeOeeve mÅ”^sÅ” ueeFve HeƦefle mes 20% ĆøeefleJe<e& keĆ¢er oj mes efkeĆ¢Ćee peelee nw.
9.5 HeefjJeƦ&veeW Hej cetuĆeĆeme keĆ¢e mebHetCe& Je<e& kesĆ¢ efueS HeĆeJeOeeve efkeĆ¢Ćee ieĆee nw peyeefkeĆ¢ efyeāŗeĆ¢er/efveHeÅ”eve kesĆ¢ Je<e& ceW cetuĆeĆeme keĆ¢e keĆ¢esF& HeĆeJeOeeve veneR efkeĆ¢Ćee peelee nw.
9.6 HeĆ³s Hej Oeeefjle peceerve Deewj heĆ³s hej Oeeefjle peceerve hej efkeĆ¢S ieS efJekeĆ¢eme keĆ¢er ueeiele HeĆ³e DeJeefOe ceW ĆegkeĆ¢lee (SceesÅ”e&F&pe) keĆ¢er peeleer nw.
10. DeeefmleĆeeW keĆ¢e Devepe&ve
DeĆeue DeeefmleĆeeW (Hegvece&tuĆeebefkeĆ¢le DeeefmleĆeeW meefnle) Hej Devepe&keĆ¢ neefveĆeeW (Ćeefo keĆ¢esF& nes) keĆ¢es, DeeefmleĆeeW kesĆ¢ Devepe&ve kesĆ¢ mebyebOe ceW ĆeeÅ”&[& SkeĆ¢eGvÅ”svÅ” Dee@He]Ć¢ Fbef[Ćee Ćeje peejer uesKee ceevekeĆ¢ 28 (āāDeeefmleĆeeW keĆ¢e Devepe&veāā) kesĆ¢ Devegmeej efkeĆ¢Ćee peelee nw leLee Fmes ueeYe neefve Keeles keĆ¢es ĆeYeeefjle efkeĆ¢Ćee peelee nw.
11. efJeosMeer cegƵe mebJĆeJenej
11.1 efJeosMeer cegƵe efJeefveceĆe mes mebyebefOele mebJĆeJenejeW keĆ¢e uesKeebkeĆ¢ve (efJeosMeer cegƵe efJeefveceĆe ojeW kesĆ¢ HeefjJele&ve keĆ¢e HeĆYeeJe) mebyebefOele YeejleerĆe meveoer uesKeekeĆ¢ej mebmLeeve Ćeje peejer uesKeeceevekeĆ¢ SSme 11 kesĆ¢ DevegĀ¤He efkeĆ¢Ćee ieĆee nw.
11.2 uesKee ceevekeĆ¢ - SSme-11 kesĆ¢ Devegmeej yeQkeĆ¢ kesĆ¢ efJeosMeer cegƵe HeefjĆeeueveeW keĆ¢es efvecveefueefKele Ā¤He ceW Jeieeake=Ć¢le efkeĆ¢Ćee ieĆee nQ.
keĆ¢) SkeĆ¢erke=Ć¢le HeefjĆeeueveeW SJeb
Ke) He=LekeĆ¢ HeefjĆeeueveeW kesĆ¢ Ā¤He ceW Jeieeake=Ć¢le efkeĆ¢Ćee ieĆee nw. meYeer efJeosMeer MeeKeeDeeW, Dee@HeĆ¢Meesj yeQefkebĆ¢ie FkeĆ¢eFĆeeW, efJeosMeer Deveg<ebefieĆeeW keĆ¢es He=LekeĆ¢ HeefjĆeeueve SJeb efJeosMeer cegƵe ceW Iejsuet heefjĆeeueveeW SJeb HeĆefleefveefOe keĆ¢eĆee&ueĆeeW keĆ¢es SkeĆ¢erke=Ć¢le HeefjĆeeueve kesĆ¢ Ā¤He ceW ceevee peelee nw.
11.3 SkeĆ¢erke=Ć¢le HeefjĆeeueveeW kesĆ¢ mebyebOe ceW DeblejCe :
(keĆ¢) mebJĆeJenejeW keĆ¢es HeĆeLeefcekeĆ¢ leewj Hej HesĆ¢[eF& Ćeje metefĆele keĆ¢er ieF& meeHleeefnkeĆ¢ Deewmele ojeW Hej efjkeĆ¢e[& efkeĆ¢Ćee peelee nw.
(Ke) efJeosMeer cegƵe efJeefveceĆe mes mebyebefOele Deeefmle SJeb osĆeleeDeeW (DeekeĆ¢efmcekeĆ¢ osĆeleeDeeW meefnle) keĆ¢es HesĆ¢[eF& Ćeje HeĆlĆeskeĆ¢ efleceener kesĆ¢ Deble ceW metefĆele keĆ¢er ieF& keƤueesefpebie mHee@Å” ojeW Hej Debleefjle efkeĆ¢Ćee peelee nw.
(ie) HeefjCeeceer efJeefveceĆe DeblejeW keĆ¢er ieCevee DeeĆe DeLeJee JĆeĆe kesĆ¢ Ā¤He ceW keĆ¢er ieF& nw leLee FvnW leovegmeej ueeYe neefve Keeles ceW uesKeebefkeĆ¢le efkeĆ¢Ćee ieĆee nw. efJeosMeer cegƵe Deeefmle osĆeleeDeeW mebyebOeer efkeĆ¢meer Yeer Yegieleeve DeLeJee efjJeme&ue keĆ¢es efheĆues meHleen keĆ¢er Deewmele keƤueesefpebie ojeW kesĆ¢
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average closing rate of the preceding week and the difference between the outstanding figure and the amount for which reversal / payment is made, is reflected in Profit and Loss Account.
d. Foreign exchange spot and forward contracts outstanding as at the balance sheet date and held for trading, are revalued at the closing spot and forward rates respectively notified by FEDAI and at interpolated rates for contracts of interim maturities. The resulting forward valuation profit or loss is included in the Profit and Loss Account.
11.4 Translation in respect of Non Integral Operations
a. Assets and Liabilities are translated at the closing spot rates notified by FEDAI at the end of each quarter.
b. Foreign Exchange Spot and Forward contingent liabilities outstanding as at the balance sheet date are translated at the closing spot and forward rates respectively notified by FEDAI and at interpolated rates for contracts of interim maturities.
c. Income and Expense are translated at quarterly average rate notified by FEDAI at the end of each quarter.
d. The resulting exchange differences are not recognized as income or expense for the period but accumulated in a separate account āForeign Currency Translation Reserveā till the disposal of the net investment.
11.5 Forward Exchange Contracts
In accordance with the guidelines of FEDAI and the provisions of AS 11, Foreign exchange spot and forward contracts outstanding as at the balance sheet date and held for trading, are revalued at the closing spot and forward rates respectively notified by FEDAI and at interpolated rates for contracts of interim maturities. The resulting forward valuation profit or loss is included in the Profit and Loss Account.
12. tAXES On inCOME
This comprise of provision for Income tax and deferred tax charge or credit (reflecting the tax effects of timing differences between accounting income and taxable income for the period) as determined in accordance with AS 22 (Accounting for taxes on Income) issued by ICAI. Deferred tax is recognised subject to consideration of prudence in respect of items of income and expenses those arise at one point of time and are capable of reversal in one or more subsequent periods. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the timing differences are expected to be reversed. The effect on deferred tax assets and liabilities of a change in tax rates is recognised in the income statement in the period of enactment of the change
DeeOeej Hej efkeĆ¢Ćee ieĆee nw leLee yekeĆ¢eĆee jeefMe SJeb Gme jeefMe, efpemekesĆ¢ efueS Yegieleeve efkeĆ¢Ćee ieĆee nw/efjJeme&ue efkeĆ¢Ćee ieĆee nw, kesĆ¢ yeerĆe kesĆ¢ Deblej keĆ¢es ueeYe neefve Keeles ceW oMee&Ćee ieĆee nw.
(Ie) JĆeeheej nsleg Oeeefjle yekeĆ¢eĆee efJeosMeer cegƵe neef]pej SJeb JeeĆeoe mebefJeoeDeeW kesĆ¢ legueve he$e keĆ¢er efleefLe keĆ¢es āHesĆ¢[eF&ā Ćeje DeefOemetefĆele yebo neefpej SJeb JeeĆeoe yeepeej mebefJeoe ojeW SJeb Devleefjce heefjhekeƤJelee mebefJeoeDeeW keĆ¢es āFvÅ”jheesuesÅ”ā ojeW hej hegve&cetuĆeebefkeĆ¢le efkeĆ¢Ćee peelee nw. FmekesĆ¢ HeĆ¢uemJeĀ¤he JeeĆeoe cetuĆeebkeĆ¢ve ueeYe DeLeJee neefve keĆ¢es ueeYe-neefve Keeles ceW Meeefceue efkeĆ¢Ćee peelee nw~
11.4 iewj meceekeĆ¢efuele HeefjĆeeueveeW kesĆ¢ mebyebOe ceW DeblejCe :
(keĆ¢) DeeefmleĆeeW SJeb osĆeleeDeeW keĆ¢es HesĆ¢[eF& Ćeje HeĆlĆeskeĆ¢ efleceener kesĆ¢ Deble ceW DeefOemetefĆele keĆ¢er ieF& keƤueesefpebie mHeeÅ” ojeW Hej Debleefjle efkeĆ¢Ćee ieĆee nw.
(Ke) leguevehe$e keĆ¢er efleefLe keĆ¢es efJeosMeer cegƵe neefpej SJeb JeeĆeoe DeekeĆ¢efmcekeĆ¢ osĆeleeDeeW keĆ¢es āHesĆ¢[eF&ā Ćeje DeefOemetefĆele yebo neefpej Je JeeĆeoe ojeW SJeb Devleefjle heefjhekeƤJelee mebefJeoeDeeW keĆ¢es āFvÅ”jheesuesÅ”[ā ojeW hej Debleefjle efkeĆ¢Ćee peelee nw.
(ie) Deeceoveer SJeb KeĆeeX keĆ¢es HesĆ¢[eF& Ćeje HeĆlĆeskeĆ¢ efleceener kesĆ¢ Deble ceW DeefOemetefĆele keĆ¢er ieF& Deewmele efleceener ojeW Hej Debleefjle efkeĆ¢Ćee ieĆee nw.
(Ie) HeefjCeeceer efJeefveceĆe DeblejeW keĆ¢er ieCevee Gme DeJeefOe kesĆ¢ efueS DeeĆe DeLeJee JĆeĆe kesĆ¢ Ā¤He ceW veneR keĆ¢er peeleer nw leLee Fmes mecyeƦ efJeosMeer MeeKeeDeeW ceW MegƦ efveJesMeeW kesĆ¢ efvemleejCe nesves lekeĆ¢ Deueie mes SkeĆ¢ Keeles āāefJeosMeer cegƵe DeblejCe efveefOeāā ceW jKee peelee nw.
11.5 JeeĆeoe efJeefveceĆe keĆ¢jej
uesKee ceevekeĆ¢ SSme 11 leLee YeejleerĆe efJeosMeer cegƵe JĆeeheejer mebIe (HesĆ¢[eF&) kesĆ¢ efoMeeefveoxMeeW kesĆ¢ Devegmeej JĆeeheej nsleg Oeeefjle yekeĆ¢eĆee efJeosMeer cegƵe neefpej (mhee@Å”) SJeb JeeĆeoe mebefJeoeDeeW keĆ¢es legueve he$e keĆ¢er efleefLe keĆ¢es HesĆ¢[eF& Ćeje DeefOemetefĆele yebo neefpej SJeb JeeĆeoe yeepeej mebefJeoeDeeW SJeb Devleefjce heefjhekeƤJelee mebJeefoDeeW keĆ¢es FvÅ”jheesuesÅ” ojeW hej hegvecet&uĆeebefkeĆ¢le efkeĆ¢Ćee peelee nw. FmekesĆ¢ HeĆ¢uemJeĀ¤he JeeĆeoe cetuĆeebkeĆ¢ve ueeYe DeLeJee neefve keĆ¢es ueeYe-neefve Keeles ceW Meeefceue efkeĆ¢Ćee peelee nw.
12. DeeĆe Hej keĆ¢j
FmeceW YeejleerĆe meveoer uesKeekeĆ¢ej mebmLee (DeeF&meerSDeeF&) kesĆ¢ uesKeebkeĆ¢ve ceeveob[ 22 (DeeĆe hej keĆ¢jeW keĆ¢e uesKeebkeĆ¢ve) kesĆ¢ Devegmeej efveOee&efjle (mecyeƦ DeJeefOe kesĆ¢ efueS uesKee DeeĆe leLee keĆ¢j ĆeesiĆe DeeĆe kesĆ¢ yeerĆe efYevvelee mes keĆ¢jeW kesĆ¢ HeĆYeeJe keĆ¢es oMee&les ngS) DeeĆekeĆ¢j kesĆ¢ efueS HeĆeJeOeeve, DeemLeefiele keĆ¢j DeLeJee āŗesĆ¢ef[Å” Meeefceue nQ. DeemLeefiele keĆ¢j keĆ¢e DeekeĆ¢ueve Deeceoveer SJeb KeĆe& keĆ¢er Gve ceoeW kesĆ¢ mebyebOe ceW, pees efkeĆ¢meer SkeĆ¢ DeJeefOe ceW efveOee&efjle nesleer nw Deewj pees SkeĆ¢ DeLeJee DeefOekeĆ¢ HejJeleea DeJeefOeĆeeW ceW HeĆlĆeeJele&ve ĆeesiĆe nQ, keĆ¢es OĆeeve ceW jKekeĆ¢j efkeĆ¢Ćee peelee nw. DeemLeefiele keĆ¢j DeeefmleĆeeW SJeb osĆeleeDeeW Hej keĆ¢j keĆ¢er ieCevee DeefOeefveĆeefcele keĆ¢j ojeW Hej Gve Je<eeX keĆ¢er DeHesef#ele ojeW Hej keĆ¢er peeleer nw efpeve Je<eeX ceW FvekeĆ¢er HeĆeefHle, efjJeme&ue DeLeJee efvemleejCe keĆ¢er mebYeeJevee nesleer nw. DeemLeefiele keĆ¢j osĆeleeDeeW SJeb DeeefmleĆeeW Hej keĆ¢j keĆ¢er ojeW ceW HeefjJele&ve kesĆ¢ HeĆYeeJe keĆ¢es Gme DeJeefOe keĆ¢er DeeĆe efJeJejCeer, efpemeceW Ssmes HeefjJele&ve keĆ¢es DeefOeefveĆeefcele efkeĆ¢Ćee ieĆee nes, ceW efnmeeye ceW efueĆee peelee nw.
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13. EARninGS PER ShARE
The bank reports basic and diluted earnings per equity share in accordance with the AS 20 (Earnings Per Share) issued by the ICAI. Basic earnings per equity share has been computed by dividing net income by the weighted average number of equity shares outstanding for the period. Diluted earnings per equity share has been computed using the weighted average number of equity shares and dilutive potential equity shares outstanding during the period.
14. PROViSiOnS, COntinGEnt LiABiLitiES AnD COntinGEnt ASSEtS
As per AS 29 (Provisions, Contingent Liabilities and Contingent Assets) issued by the ICAI, the Bank recognises provisions only when it has a present obligation as a result of a past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and when a reliable estimate of the amount of the obligation can be made.
Contingent liability is disclosed unless the possibility of an outflow of resouces embodying economic benefit is remote.
Contingent Assets are not recognised in the financial statements since this may result in the recognition of income that may never be realised.
13. HeĆefle MesĆej Depe&ve
yeQkeĆ¢, DeeIeejYetle SJeb [eFuĆetÅ”s[ HeĆefle FefkeƤJeÅ”er MesĆej Depe&ve keĆ¢es YeejleerĆe meveoer uesKeekeĆ¢ej mebmLeeve Ćeje Fme mebyebOe ceW peejer uesKee ceevekeĆ¢ 20 (Ćeefle MesĆej DeeĆe) kesĆ¢ Devegmeej efjHeesÅ”& keĆ¢jlee nw. DeeIeejYetle HeĆefle MesĆej Depe&ve keĆ¢er ieCevee MegƦ DeeĆe keĆ¢es Gme DeJeefOe kesĆ¢ efueS yekeĆ¢eĆee Yeeefjle Deewmele FefkeƤJeÅ”er MesĆejeW keĆ¢er mebKĆee mes efJeYeeefpele keĆ¢j keĆ¢er ieF& nw. [eFuĆetÅ”s[ HeĆefle MesĆej Depe&ve keĆ¢er ieCevee MegƦ DeeĆe keĆ¢es Gme DeJeefOe kesĆ¢ efueS yekeĆ¢eĆee Yeeefjle Deewmele FefkeƤJeÅ”er MesĆejeW SJeb Gme DeJeefOe kesĆ¢ oewjeve [eFuĆetefÅ”Je mecYeeJĆe FefkeƤJeÅ”er MesĆejeW keĆ¢er mebKĆee kesĆ¢ DeeOeej hej keĆ¢er ieF& nw.
14. HeĆeJeOeeve, DeekeĆ¢efmcekeĆ¢ osĆeleeSb Je DeekeĆ¢efmcekeĆ¢ DeeefmleĆeeb
YeejleerĆe meveoer uesKekeĆ¢ej mebmLeeve Ćeje Fme mebyebOe ceW peejer uesKee ceevekeĆ¢ 29 (DeekeĆ¢efmcekeĆ¢ osĆeleeDeeW SJeb DeekeĆ¢efmcekeĆ¢ DeeefmleĆeeW kesĆ¢ efueS HeĆeJeOeeve) kesĆ¢ Devegmeej yeQkeĆ¢ Ćeje DeekeĆ¢efmcekeĆ¢ osĆeleeDeeW SJeb DeekeĆ¢efmcekeĆ¢ DeeefmleĆeeW kesĆ¢ efueS HeĆeJeOeeve kesĆ¢Jeue efJeiele ceW ngF& efkeĆ¢meer IeÅ”vee kesĆ¢ efueS GlHevve ngS Jele&ceeve oeefĆelJe kesĆ¢ efueS efkeĆ¢Ćee peelee nw. Ćen mebYeJe nw efkeĆ¢ Fme oeefĆelJe kesĆ¢ efvemleejCe kesĆ¢ efueS DeeefLe&keĆ¢ mebmeeOeveeW keĆ¢er DeeJeMĆekeĆ¢lee nes Deewj leye oeefĆelJe efveJe&nve nsleg Ssmeer jeefMe keĆ¢e efJeMJemeveerĆe DeekeĆ¢ueve efkeĆ¢Ćee pee mekeĆ¢lee nw.
DeeefLe&keĆ¢ efnle ĆegkeƤle mebmeeOeveeW kesĆ¢ yeefnie&ceve keĆ¢er mebYeeJevee kesĆ¢ ueieYeie ve nesves keĆ¢er efmLeefle lekeĆ¢ DeekeĆ¢eqmcekeĆ¢ osĆeleeDeeW keĆ¢es ĆøekeĆ¢Å” efkeĆ¢Ćee peelee nw.
DeekeĆ¢efmcekeĆ¢ DeeefmleĆeeW keĆ¢es efJeĆ²eerĆe efJeJeefjCeĆeeW ceW ĆeYeeefjle veneR efkeĆ¢Ćee peelee nw, keƤĆeeWefkeĆ¢ FmekeĆ¢e heefjCeece Ssmeer DeeĆe kesĆ¢ efveOee&jCe kesĆ¢ Ā¤he ceW efvekeĆ¢ue mekeĆ¢lee nw efpemekeĆ¢er keĆ¢Yeer Jemetueer mebYeJe ve nes.
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efJeJejCe Particulars Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
i) meer Deej S Deej (%) yeemesue-II CRAR % Basel-II 14.67 % 14.52 %
ii) meer Deej S Deej ā efÅ”Ćej I hetbpeer (%) yeemesue-II
CRAR - Tier l Capital (%) Basel-II 10.83 % 9.99 %
iii) meer Deej S Deej ā efÅ”Ćej II hetbpeer (%) yeemesue-II
CRAR ā Tier ll Capital (%) Basel-II 3.84 % 4.53 %
iv) yeQkeĆ¢ ceW Yeejle mejkeĆ¢ej keĆ¢er MesĆejOeeefjlee keĆ¢e ĆeefleMele
Percentage of the shareholding of the Government of India
54.31 % 57.03 %
v) efÅ”Ćej-II hetbpeer kesĆ¢ Devegmeej meyeDee@e|[vesÅ” $e+Ce keĆ¢er jeefMe
Amount of subordinated debt raised as Tier-II Capital
- -
vi) DeeF&heer[erDeeF& efveie&efcele keĆ¢j Ćeehle jeefMe Amount raised by issue of IPDI - ` 711.50 Crores
vii) Dehej efÅ”Ćej II efueKeleeW keĆ¢es efveie&efcele keĆ¢j Ćeehle jeefMe
Amount raised by issue of Upper Tier II instruments
- ` 1,500.00 Crores
( ` keĆ¢jesĆ[ ceW / ` in Crores)
efJeJejCe Particulars Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
(1) efveJesMeeW keĆ¢e cetuĆe (1) Value of Investments
(i) efveJesMeeW keĆ¢e mekeĆ¢ue cetuĆe (i) Gross Value of Investments
(keĆ¢) Yeejle ceW (a) In India 79,818.80 68,137.30
(Ke) Yeejle mes yeenj (b) Outside India, 4,094.49 3,739.46
(ii) cetuĆeĆeme kesĆ¢ efueS ĆeeJeOeeve (ii) Provisions for Depreciation
(keĆ¢) Yeejle ceW (a) In India 553.80 336.96
(Ke) Yeejle mes yeenj (b) Outside India, 150.08 143.21
(iii) efveJesMeeW keĆ¢e efveJeue cetuĆe (iii) Net Value of Investments
(keĆ¢) Yeejle ceW (a) In India 79,265.00 67,800.34
(Ke) Yeejle mes yeenj (b) Outside India. 3,944.41 3,596.25
(2) efveJesMeeW hej cetuĆeĆ¹eme kesĆ¢ efueS Oeeefjle
ĆeeJeOeeveeW keĆ¢e mebĆeueve
(2) Movement of provisions held towards depreciation on investments
(i) ĆeejefcYekeĆ¢ Mes<e (i) Opening balance 480.17 527.80
(ii) peesĆ[W : Je<e& kesĆ¢ oewjeve efkeĆ¢S ieS ĆeeJeOeeve (ii) Add: Provisions made during the year 343.55 112.08
(iii) IeÅ”eSb : Je<e& kesĆ¢ oewjeve DeefleefjĆ²eĆ¢ ĆeeJeOeeveeW keĆ¢e
yeÅ”dÅ”ekeĆ¢jCe/hegvejebkeĆ¢ve
(iii) Less: Write-off / write-back of excess provisions during the year 119.84 159.71
(iv) Debeflece Mes<e (iv) Closing balance 703.88 480.17
DevegmetĆeer-18 uesKeeW hej efÅ”hheefCeĆeebSchedule -18 notes on accounts
A. Disclosure in terms of RBI requirements
A-1. Capital
keĆ¢. YeejleerĆe efj]peJe& yeQkeĆ¢ keĆ¢er Dehes#eeDeeW kesĆ¢ Devegmeej ĆekeĆ¢Å”erkeĆ¢jCe
keĆ¢-1. hetbpeer
2. efveJesMe A-2. Investments
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( ` keĆ¢jesĆ[ ceW / ` in Crores)Je<e& kesĆ¢ oewjeve
vĆetvelece yekeĆ¢eĆee Mes<eMinimum
outstanding during the year
Je<e& kesĆ¢ oewjeveDeefOekeĆ¢lece yekeĆ¢eĆee Mes<e
Maximum outstanding
during the year
Je<e& kesĆ¢ oewjeve owefvekeĆ¢ Deewmele yekeĆ¢eĆee Mes<eDaily Average outstanding
during the year
31 ceeĆe& 2012 keĆ¢es yekeĆ¢eĆee Mes<e
Outstanding as on
March 2012
efjhees kesĆ¢ lenle yesĆeer ieF& ĆeefleYetefleĆeeb Securities sold under repo
(i) mejkeĆ¢ejer ĆeefleYetefleĆeeb i. Government securities 504.85 8,797.88 2,348.41 7,000.00
(ii) keĆ¢eheexjsÅ” $e+Ce ĆeefleYetefleĆeeb ii. Corporate debt securities - - - -
efjJeme& efjhees kesĆ¢ lenle Kejeroer ieF& ĆeefleYetefleĆeeb
Securities purchased under reverse repo
(i) mejkeĆ¢ejer ĆeefleYetefleĆeeb i. Government securities 304.71 6,690.55 129.58 -
(ii) keĆ¢eheexjsÅ” $e+Ce ĆeefleYetefleĆeeb ii. Corporate debt securities - - - -
keĆ¢-2.2 iewj ā Sme Sue Deej efveJesMe heesÅ”&HeĆ¢esefueĆees A-2.2 Non-SLR Investment Portfolio
i) iewj ā Sme Sue Deej efveJesMeeW kesĆ¢ peejerkeĆ¢lee& IeÅ”keĆ¢ i) Issuer composition of Non SLR investments( ` keĆ¢jesĆ[ ceW / ` in Crores)
meb.No.
peejerkeĆ¢lee& Issuer jeefMeAmount
efvepeer huesmeceWÅ” keĆ¢er meercee
Extent of Private
Placement
efveJesMe Ā«es[ kesĆ¢ veerĆes keĆ¢er ĆeefleYetefleĆeeW
keĆ¢er meerceeExtent of āBelow
Investment Gradeā Securities
DevejsÅ”s[ ĆeefleYetefleĆeeW keĆ¢er meercee
Extent of āUnratedā
Securities
DemetĆeeryeƦĆeefleYetefleĆeeW
keĆ¢er meerceeExtent of āUnlistedā
Securities(1) (2) (3) (4) (5) (6) (7)(i) heerSmeĆet PSUs 1,061.36 427.06 - - 107.08
(ii) SHeĆ¢DeeF& FIs 1,024.96 853.58 73.64 - 73.64
(iii) yeQkeĆ¢ Banks 4,687.40 847.30 408.85 64.06 97.20
(iv) efvepeer efveiece Private Corporate 2,339.47 1,146.50 790.66 214.80 159.05
(v) Deveg<ebefieĆeeb /
mebĆegkeƤle GĆ ece
Subsidiaries/ Joint Ventures
1,234.94 1,234.94 - - -
(vi) DevĆe Others 4,194.55 376.30 955.33 50.88 305.25
(vii) cetuĆeĆeme nsleg
Oeeefjle ĆeeJeOeeve
Provision held towards depreciation
-703.88 - - - -
kegĆ¢ue Total 13,838.80 4,885.68 2,228.48 329.74 742.22
A-2.1 Repo Transactions (in face value terms)2.1 a. Repo Transactions (LAF) with RBI
2.1 efjhees mebJĆeJenej (DebefkeĆ¢le cetuĆe ceW)2.1 (keĆ¢) YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ meeLe efjhees mebJĆeJenej (SueSSheĆ¢)
efJeJejCe Particulars Ćeeuet Je<e&Current year
efheĆuee Je<e&Previous year
ĆeejbefYekeĆ¢ Mes<e Opening balance 250.70 231.58
Je<e& kesĆ¢ oewjeve heefjJeOe&ve Additions during the year 88.85 21.71
GhejesĆ²eĆ¢ DeJeefOe kesĆ¢ oewjeve keĆ¢Å”ewefleĆeeb Reductions during the year - 2.59
Debeflece Mes<e Closing balance 339.55 250.70
kegĆ¢ue Oeeefjle ĆeeJeOeeve Total provisions held 290.98 227.53
ii) Non-performing Non-SLR investments
( ` keĆ¢jesĆ[ ceW / ` in Crores)
ii) Devepe&keĆ¢ iewj-SmeSueDeej efveJesMe
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efJeJejCe Particulars Ćeeuet Je<e&Current year
efheĆuee Je<e&Previous year
i) mJewhe mecePeewles keĆ¢er keĆ¢efuhele cetue jeefMe The notional principal of swap agreements 17,477.59 13,745.00
ii) mecePeewles kesĆ¢ lenle Deheveer ĆeefleyeƦleeDeeW keĆ¢es keĆ¢eGbÅ”j heeÅ”ea Ćeje hetje ve keĆ¢jves hej nesves Jeeueer neefve
Losses wh ich wou ld be incur red i f counterparties failed to fulfill their obligations under the agreements
179.62 142.89
iii) mJewhe ceW Deeves hej yeQkeĆ¢ kesĆ¢ efueS Dehesef#ele keĆ¢esuewÅ”jue Collateral required by the bank upon entering into swaps
- -
iv) mJewhe mes GlheVe $e+Ce peesefKece keĆ¢e mebkeWĆ¢ĆµCe Concentration of credit risk arising from the swaps
977.85 601.4
v) mJewhe yener keĆ¢e GefĆele cetuĆe The fair value of the swap book 732.07 256.29
A-2.3 Derivatives
A-2.3.1 Forward Rate Agreement / Interest Rate Swap
( ` keĆ¢jesĆ[ ceW / ` in Crores)
keĆ¢-2.3 [sjerJesefÅ”Jme
keĆ¢-2.3.1 HeĆ¢ejJe[& oj mecePeewles / yĆeepe oj mJewhe
A-2.3.2 Exchange Traded Interest Rate Derivatives:( ` keĆ¢jesĆ[ ceW / ` in Crores)
meb. āŗeĆ¢.Sr. No.
efJeJejCe Particulars jeefMeAmount
(i) Je<e& kesĆ¢ oewjeve SkeƤmeĆeWpe Å”^s[s[ yĆeepe oj [sjerJesefÅ”Jme keĆ¢er veesMeveue eEheĆefmeheue jeefMe (efueKeleJeej) A. yĆeepe oj HeƤĆetĆej (DeeF&DeejSHeĆ¢)
Notional principal amount of exchange traded interest rate derivatives undertaken during the year (instrument-wise) A. Interest Rate Future (IRF)
445.37
(ii) Je<e& kesĆ¢ oewjeve SkeƤmeĆeWpe Å”^s[s[ yĆeepe oj [sjerJesefÅ”Jme keĆ¢er 31 ceeĆe&, 2012 kesĆ¢ Devegmeej (efueKeleJeej) yekeĆ¢eĆee veesMeveue eEheĆefmeheue jeefMe
Notional principal amount of exchange traded interest rate derivatives outstanding as on 31st March 2012 (instrument-wise)
MetvĆeNIL
(iii) veesMeveue efĆebefmeheue jeefMe Je<e& kesĆ¢ oewjeve SkeƤmeWpe Å”^s[s[ yĆeepe oj [sjerJesefÅ”Jme keĆ¢er yekeĆ¢eĆee veesMeveue efĆebefmeheuejeefMe ``DelĆeefOekeĆ¢ ĆeYeeJeer'' veneR (efueKeleJeej)
Notional principal amount of exchange traded interest rate derivatives outstanding and not "highly effective" (instrument-wise)
MetvĆeNIL
(iv) SkeƤmeĆeWpe Å”^s[s[ yĆeepe oj keĆ¢er ceeke&Ć¢-Å”t-ceekexĆ¢Å”keĆ¢ercele [sjerJesefÅ”Jme yekeĆ¢eĆee Deewj āāDelĆeefOekeĆ¢ ĆeYeeJeerāāveneR (efueKeleJeej)
Mark-to-market value of exchange traded interest rate derivatives outstanding and not "highly effective" (instrument-wise)
MetvĆeNIL
keĆ¢-2.3.2 SkeƤmeĆeWpe Å”^s[s[ yĆeepe oj [sjerJesefÅ”Jme :
A-2.3.3 Disclosures on risk exposure in derivatives
(i) Qualitative Disclosure
The Treasury Policy of the bank lays down the types of financial derivative instruments, scope of usages, approval procedures and the limits like open position limits, stop loss limits and
keĆ¢-2.3.3 [sjerJesefÅ”Jme ceW peesefKece SkeƤmeHeespej keĆ¢e HeĆkeĆ¢Å”erkeĆ¢jCe
(i) iegCeelcekeĆ¢ HeĆkeĆ¢Å”erkeĆ¢jCe
yeQkeĆ¢ keĆ¢er Å”^spejer veerefle ceW [sjerJesefÅ”Jme uesve osveeW kesĆ¢ keĆ¢eĆe& kesĆ¢ efueS meYeer HeĆkeĆ¢ej keĆ¢er
efJeĆ²eerĆe [sjerJesefÅ”Jme efueKeleeW kesĆ¢ HeĆkeĆ¢ej, efJemleej SJeb GHeĆeesie, Devegceesove HeĆefāŗeĆ¢Ćee leLee
DeesHeve HeespeerMeve efueefceÅ”, mÅ”eHe uee@me efueefceÅ” leLee keĆ¢eGvÅ”j HeeÅ”ea SkeƤmeHeespej efueefceÅ”
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pewmeer meerceeSb efveOee&efjle keĆ¢er ieF& nQ.
yeQkeĆ¢ Deheves legueve he$e ceW oMee&S ieS DeLeJee oMee&S ve ieS peesefKeceeW keĆ¢er nseEpeie kesĆ¢
efueS leLee yee]peej DeeOeej lewĆeej keĆ¢jves kesĆ¢ efueS efJeĆ²eerĆe [sjerJesefÅ”Jme uesve osveeW keĆ¢e
GheĆeesie keĆ¢jlee nw, cetuele: Ćes Glheeo, peesefKece kesĆ¢ heĆefle yeĆeeJe JĆeJemLee, ueeiele keĆ¢ce
keĆ¢jves leLee Ssmes uesve osveeW ceW heĆefleHeĆ¢ue yeĆ{eves kesĆ¢ SJeb heĆeshejeFÅ”jer Å”^seE[ie kesĆ¢ efueS
GheĆeesie ceW ueeS peeles nQ.
yeQkeĆ¢ keĆ¢es efpeve peesefKeceeW keĆ¢e Keleje jnlee nw, Jes nQ : $e+Ce peesefKece, yeepeej peesefKece,
osMeerĆe peesefKece Deewj HeefjĆeeueve peesefKece. yeQkeĆ¢ keĆ¢er cetuĆe peesefKece, peesefKece HeĆyebOeve
veerefleĆeeb (yeQkeĆ¢ kesĆ¢ efveosMekeĆ¢ ceb[ue Ćeje Devegceesefole) nQ, pees SceÅ”erSce, (JeerSDeej)
leLee HeerJeer01 kesĆ¢ ceeOĆece mes efveĆeefcele DeeOeej hej JĆeeheej yener ceW uesve osveeW keĆ¢er
efJeĆ²eerĆe peesefKeceeW kesĆ¢ DeekeĆ¢ueve leLee GefĆele peesefKece meerceeSb leĆe keĆ¢jves kesĆ¢ efueS
lewĆeej keĆ¢er ieF& nQ. FvekeĆ¢es yeQkeĆ¢ kesĆ¢ peesefKece HeĆyebOeve efJeYeeie Ćeje meceĆe-meceĆe Hej
efJeMJemeveerĆe SJeb DeĆ eleve HeĆyebOeve metĆevee HeĆCeeefueĆeeW Ćeje cee@veerÅ”j efkeĆ¢Ćee peelee nw
leLee Fme yeejs ceW yeQkeĆ¢ kesĆ¢ DeOĆe#e SJeb HeĆyebOe efveosMekeĆ¢ keĆ¢er DeOĆe#elee Jeeueer efveosMekeĆ¢eW
keĆ¢er peesefKece HeĆyebOeve meefceefle keĆ¢es DeJeiele keĆ¢jeĆee peelee nw.
uesveosveeW keĆ¢er keĆ¢eGbÅ”j HeeefÅ”&Ćeeb, yeQkeĆ¢ leLee keĆ¢eHeexjsÅ” HeĆefle<"eve nQ. Devegceesefole
SkeƤmeHeespej meerceeDeeW kesĆ¢ Debleie&le JĆeJenej efkeĆ¢S peeles nQ. [sjerJesefÅ”Jme GlHeeoeW
Hej $e+Ce peesefKece DeekeĆ¢efuele keĆ¢jves kesĆ¢ efueS yeQkeĆ¢ ves YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje
efveOee&efjle ceewpetoe SkeƤmeHeespej HeƦefle keĆ¢es DeHeveeĆee nw, efpemekesĆ¢ Devegmeej yeQkeĆ¢
kegĆ¢ue HeĆeflemLeeHeve ueeiele keĆ¢e Ćeesie, (meYeer mebefJeoeDeeW keĆ¢es mekeĆ¢ejelcekeĆ¢ cetuĆe
meefnle ceeke&Ć¢-Å”g-ceekexĆ¢Å” Ćeje HeĆeHle keĆ¢jves DeLee&led peye yeQkeĆ¢ keĆ¢es keĆ¢eGbÅ”j HeeÅ”ea mes
Oeve HeĆeHle keĆ¢jvee nw) leLee $e+Ce peesefKece ceW YeefJe<Će ceW nesves Jeeues mebYeeJĆe
HeefjJele&veeW keĆ¢er jeefMe, efpemekeĆ¢er ieCevee mebefJeoe keĆ¢er kegĆ¢ue keĆ¢efuHele cetue jeefMe Mes<e
HeefjHekeƤJelee kesĆ¢ Devegmeej mebyebefOele $e+Ce Ā®heeblejCe IeÅ”keĆ¢eW kesĆ¢ meeLe iegCee keĆ¢jkesĆ¢
HeefjkeĆ¢efuele keĆ¢er peeleer nw, efvecveevegmeej nw :-
keĆ¢efuHele cetue jeefMe Hej ueeiet efkeĆ¢Ćee peeves Jeeuee Ā®HeeblejCe IeÅ”keĆ¢
DeJeefMeĀ° heefjhekeƤJelee Residual Maturity yĆeepe oj mebefJeoeInterest Rate Contract
efJeefveceĆe oj mebefJeoeExchange Rate Contract
SkeĆ¢ Je<e& mes keĆ¢ce Less than one year 0.50% 2.00%
SkeĆ¢ Je<e& Deewj DeefOekeĆ¢ One year and above 1.00% 10.00%
heebĆe Je<e& mes DeefOekeĆ¢ Over five years 3.00% 15.00%
nspe leLee iewj-nspe (ceekexĆ¢Å” cesefkebĆ¢ie) uesve osveeW keĆ¢es Deueie mes ope& efkeĆ¢Ćee peelee nw.
nwefpebie [sefjJesefÅ”Jme GheĆeĆe DeeOeej Hej efnmeeye ceW efueS peeles nQ. Å”^sef[bie [sefjJesefÅ”Jme
HeesefpeMeve (SceÅ”erSce) keĆ¢es ceeke&Ć¢ keĆ¢er peeleer nw Deewj HeefjCeecemJeĀ®He ueeYe-neefve Keeles
ceW Ćeefo keĆ¢esF& neefve nes, efnmeeye ceW ueer peeleer nw. ueeYe, Ćeefo keĆ¢esF& nes, veneR ceevee
peelee nw. yĆeepe oj mJewHme mes mebyebefOele yĆeepe Deewj JĆeĆe efveHeÅ”eve keĆ¢er leejerKe Hej
efnmeeye ceW efueS peeles nQ. Å”sef[bie mJewHe kesĆ¢ meceeHle nesves Hej ueeYe /neefve meceeefHle keĆ¢er
leejerKe Hej DeeĆe /JĆeĆe kesĆ¢ Ā¤he ceW ope& efkeĆ¢S peeles nQ.
counter party exposure limits for undertaking derivative transactions.
The Bank uses financial derivative transactions for hedging, its on or off balance sheet exposures as well as for market making. Basically, these products are used for hedging risk, reducing cost and increasing the yield in such transactions and for proprietary trading.
The types of risk to which the bank is exposed to are credit risk, market risk, country risk and operational risk, The Bank has risk management policies (approved by Board of Directors of the Bank), which is designed to measure the financial risks for transactions in the trading book on a regular basis, by way of MTM, VaR and PV01, and to set appropriate risk limits. These are monitored by means of reliable and up to date Management Information Systems by the Risk Management Department of the Bank from time to time who, in turn, appraises the risk profile to the Risk management Committee of Directors, which is presided over by the Bankās Chairman and Managing Director.
The counter parties to the transactions are banks and corporate entities. The deals are done under approved exposure limits. The bank has adopted the current exposure method prescribed by Reserve Bank of India for measuring Credit Exposure on Derivative products as per which the bank sums the total replacement cost (obtained by mark to market of all its contracts with positive value i.e. when the bank has to receive money from the counter party) and an amount for potential future changes in credit exposure calculated on the basis of the total notional principal amount of the contract multiplied by the relevant credit conversion factors according to the residual maturity as detailed herein under:-
Conversion factor to be applied on notional principal amount
The hedge/non-hedge (market making) transactions are recorded separately. Hedging derivatives are accounted for on an accrual basis. Trading derivative positions are marked-to-market (MTM) and the resulting losses, if any, are recognized in the Profit and Loss Account. Profit, if any is not recognized. Income and Expenditure relating to interest rate swaps are recognized on the settlement date. Gains/losses on termination of the trading swaps are recorded on the termination date as income/expenditure.
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(ii) cee$eelcekeĆ¢ HeĆkeĆ¢Å”erkeĆ¢jCe
meb. āŗeĆ¢.Sr. No.
efJeJejCe Particulars keĆ¢jWmeer [sefjJesefÅ”JmeCurrency
Derivatives
yĆeepe oj [sefjJesefÅ”JmeInterest rate Derivatives
(i) [sefjJesefÅ”Jme (keĆ¢efuhele cetue jeefMe) Derivatives (Notional Principal Amount) 422.78 17,177.27
keĆ¢) nweEpeie kesĆ¢ efueS a) For hedging 300.34 9,228.38
Ke) Å”^seE[ie kesĆ¢ efueS b) For trading 122.44 7,948.89
(ii) ceeke&Ć¢[ Å”t ceekexĆ¢Å” heesefpeMeve (1) Marked to Market Positions 22.11 604.84
keĆ¢) DeeefmleĆeeb (+) a) Asset (+) 26.89 724.9
Ke) osĆeleeSb (-) b) Liability (-) -4.78 -120.06
(iii) $e+Ce peesefKece (2) Credit Exposure 32.75 963.43
(iv) yĆeepe oj ceW SkeĆ¢ ĆøeefleMele nesves Jeeues heefjJele&vekeĆ¢e mebYeeefJele ĆeYeeJe (100*heerJeer01)
Likely impact of one percentage change in interest rate (100*PV01)
0.44 452.05
keĆ¢) nweEpeie [sefjJesefÅ”Jme hej a) On hedging derivatives -0.02 275.61
Ke) Ŕ^seE[ie [sefjJesefŔJme hej b) On trading derivatives 0.46 176.44
(v) Je<e& kesĆ¢ oewjeve heeS ieSvĆetvelece leLee DeefOekeĆ¢lece 100*heerJeer01
Maximum and Minimum of 100*PV01 observed during the year
1.61 & 0.46 256.01 & 172.33
keĆ¢) nweEpeie hej a) On hedging - 100.29 & 53.19
Ke) Å”^seE[ie hej b) On trading 1.61 & 0.46 189.21 & 122.24
keĆ¢-2.4 Deeefmle iegCeJeĆ²ee
keĆ¢-2.4.1 iewj efve<heeokeĆ¢ DeeefmleĆeeb
keĆ¢. iewj efve<heeokeĆ¢ DeeefmleĆeeW keĆ¢e mebĆeueve
Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
1 DeheĆwue, 2011 keĆ¢es mekeĆ¢ue SveheerS (heĆejbefYekeĆ¢ Mes<e)
Gross NPAs as on 1st April 2011 (Opening Balance)
3,152.50 2,400.69
Je<e& kesĆ¢ oewjeve pegĆ[s (veS SveheerS) Additions (Fresh NPAs) during the year 3,443.31 1,897.01
Ghe peesĆ[ (keĆ¢) Sub-Total (A) 6,595.81 4,297.70
IeŔeSb : Less : -
(i) DeheĀ«es[sMeve (i) Up-gradations 335.55 189.17
(ii) JemetefueĆeeb (DeheĀ«es[ efkeĆ¢S ieS KeeleeW mes ngF& JemetefueĆeeW keĆ¢es ĆesĆ[keĆ¢j)
(ii) Recoveries (excluding recoveries made from upgraded accounts)
580.46 455.49
(iii) yeĆ³s Keeles [eueer ieF& jeefMe (iii) Write-offs 1,215.05 500.54
Ghe peesĆ[ (Ke) Sub-total (B) 2,131.06 1,145.20
31 ceeĆe&, 2012 kesĆ¢ mekeĆ¢ue SveheerS (Debeflece Mes<e) (keĆ¢-Ke)
Gross NPAs as on 31st March 2012 (closing balance) (A-B)
4,464.75 3,152.50
A-2.4 Asset Quality
A-2.4.1 Non Performing Assets
A. Movement of NPAs
(ii) Quantitative Disclosures( ` keĆ¢jesĆ[ ceW / ` in Crores)
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efJeJejCe Particulars Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
(i) MegƦ DeefĀ«eceeW ceW MegƦ SveheerS (%) Net NPAs to Net Advances (%) 0.54 0.35
(ii) SveheerS keĆ¢e mebĆeueve (mekeĆ¢ue) Movement of NPAs (Gross)
(keĆ¢) ĆeejbefYekeĆ¢ Mes<e (a) Opening balance 3,152.50 2,400.69
(Ke) Je<e& kesĆ¢ oewjeve peesĆ[s ieS (b) Additions during the year 3,443.31 1,897.01
(ie) Je<e& kesĆ¢ oewjeve IeÅ”eS ieS (c) Reductions during the year 2,131.06 1,145.20
(Ie) Debeflece Mes<e (d) Closing balance 4,464.75 3,152.50
(iii) MegƦ SveheerS keĆ¢e mebĆeueve Movement of Net NPAs
(keĆ¢) ĆeejbefYekeĆ¢ Mes<e (a) Opening balance 790.88 602.32
(Ke) Je<e& kesĆ¢ oewjeve peesĆ[s ieS (b) Additions during the year 1,988.72 718.15
(ie) Je<e& kesĆ¢ oewjeve IeÅ”eS ieS (c) Reductions during the year 1,235.96 529.59
(Ie) Debeflece Mes<e (d) Closing balance 1,543.64 790.88
(iv) SveheerS nsleg ĆeeJeOeeve keĆ¢e mebĆeueve(ceevekeĆ¢ DeeefmleĆeeW hej ĆeeJeOeeve keĆ¢es ĆesĆ[keĆ¢j)
Movement of provisions for NPAs (excluding provisions on standard assets)
(keĆ¢) ĆeejbefYekeĆ¢ Mes<e (a) Opening balance 2,361.62 1,798.37
(Ke) Je<e& kesĆ¢ oewjeve peesĆ[s ieS (b) Provisions made during the year 1,836.42 1,178.86
(ie) DeeefOekeƤĆe ĆeeJeOeeveeW keĆ¢es yeĆ³s Keeles [euevee/hegveÅ efnmeeye ceW uesvee
(c) Write-off/ write-back of excess provisions
1,276.93 615.61
(Ie) Debeflece Mes<e (d) Closing balance 2,921.11 2,361.62
B) Non-Performing Assets ( ` keĆ¢jesĆ[ ceW / ` in Crores)
āŗeĆ¢ceebkeĆ¢Sl. No.
#es$e Sector #es$e ceW kegĆ¢ue DeefĀ«eceeW ceW SveheerS keĆ¢e ĆeefleMelePercentage of NPAs to Total
Advances in that sector
Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
1 ke=Ć¢ef<e SJeb mecyeƦ ieefleefJeefOeĆeeb Agriculture & allied activities 3.99 3.47
2 GĆ eesie (ceeFāŗeĆ¢es SJeb ueIeg, ceOĆece SJeb yeĆ[s) Industry (Micro & small, Medium and Large) 1.12 1.76
3 mesJeeSb Services 2.72 1.22
4 JĆeefĆ²eĆ¢iele $e+Ce Personal Loans 3.66 1.72
C) Sector-wise NPAs
eqJeJejCe Particulars Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
kegĆ¢ue DeeefmleĆeeb Total Assets 12,7861.71 90,767.70
kegĆ¢ue Sve heer S Total NPAs 582.92 366.27
kegĆ¢ue jepemJe Total Revenue 4,032.74 2,951.23
D) Overseas Assets, NPAs and Revenue( ` keĆ¢jesĆ[ ceW / ` in Crores)
Ke) iewj efve<heeokeĆ¢ DeeefmleĆeeb
ie) #es$eJeej SveheerS
Ie) efJeosMeer DeeefmleĆeeb, SveheerS leLee jepemJe
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A- 2.4.2 Particulars of Accounts Restructured.
( ` keĆ¢jesĆ[ ceW / ` in Crores)
meer[erDeej keĆ¢eĆe&ĆeCeeueer
CDRMechanism
SmeSceF& $e+Ce hegveefve&Oee&jCe
SME DebtRestructuring
DevĆeOthers
hegveie&ef"le ceevekeĆ¢ DeefĀ«ece
Standardadvancesrestructured
$e+Ce keĆ¢lee&DeeW keĆ¢er mebKĆee No. of Borrowers 16 277 9,620
(3) (203) (9,786)
yekeĆ¢eĆee jeefMe Amount outstanding 1,534.03 505.76 6,813.28
(166.01) (487.22) (2,189.38)
ĆtÅ” (GefĆele cetuĆe ceW keĆ¢ceer) Sacrifice (diminution in the fair value) 262.81 4.27 33.67
(11.06) (4.91) (52.74)
hegveie&ef"le DeJeceevekeĆ¢ DeefĀ«ece
Substandardadvancesrestructured
$e+Ce keĆ¢lee&DeeW keĆ¢er mebKĆee No. of Borrowers - 6 2042
(1) (22) (129)
yekeĆ¢eĆee jeefMe Amount outstanding - 17.04 5.09
(154.24) (12.9) (4.42)
ĆtÅ” (GefĆele cetuĆe ceW keĆ¢ceer) Sacrifice (diminution in the fair value) - 0.07 0.19
(4.5) (0.16) (0.1)
hegveie&ef"le mebefoiOe DeefĀ«ece
Doubtfuladvancesrestructured
$e+Ce keĆ¢lee&DeeW keĆ¢er mebKĆee No. of Borrowers - 2 40
(-) (13) (109)
yekeĆ¢eĆee jeefMe Amount outstanding - 1.93 2.06
(-) (0.01) (11.91)
ĆtÅ” (GefĆele cetuĆe ceW keĆ¢ceer) Sacrifice (diminution in the fair value) - - 0.1
(-) (0.01) (0.12)
peesĆ[ TOTAL
$e+Ce keĆ¢lee&DeeW keĆ¢er mebKĆee No. of Borrowers 16 285 11702
(4) (238) (10024)
yekeĆ¢eĆee jeefMe Amount outstanding 1,534.03 524.73 6,820.43
(320.25) (500.13) (2,205.71)
ĆtÅ” (GefĆele cetuĆe ceW keĆ¢ceer) Sacrifice (diminution in the fair value) 262.81 4.34 33.96
(15.56) (5.08) (52.96)
keĆ¢-2.4.2 hegveie&ef"le KeeleeW keĆ¢e efJeJejCe
Figures in bracket denote previous year numbers* In respect of one restructured account, the bank shall amortize the provision towards diminution in fair value of the said advance and the additional provision required for restructured standard asset over a period of 8 quarters starting from the first quarter of financial year 2012-2013 as per the directives from Reserve Bank of India vide their letter dated 2nd April 2012.
keĆ¢esā¦keĆ¢ ceW efoĆes ieĆes DeebkeĆ¢Ć[s efheĆues Je<e& kesĆ¢ nQ.
* SkeĆ¢ hegveie&ef"le Keeles kesĆ¢ ceeceues ceW, yeQkeĆ¢ mebyebefOele Keeles kesĆ¢ GefĆele cetuĆe ceW
Ćeme kesĆ¢ mebyebOe ceW ĆøeeJeOeeve keĆ¢e heefjMeesOeve keĆ¢jsiee leLee Yee.efj.yeQkeĆ¢ kesĆ¢ 2 DeheĆwue,
2012 kesĆ¢ he$e kesĆ¢ Devegmeej efJeĆ²eerĆe Je<e& 2012-13 keĆ¢er henueer efleceener mes 8
efleceeefnĆeeW keĆ¢er DeJeefOe kesĆ¢ efueS Keeles keĆ¢e hegveie&"ve keĆ¢jves nsleg DeefleefjkeƤle heĆeJeOeeve keĆ¢jsiee.
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A-2.4.5 Provisions on Standard Asset( ` keĆ¢jesĆ[ ceW / ` in Crores)
efJeJejCe Particulars Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
1. keĆ¢. Je<e& kesĆ¢ oewjeve Kejeros ieS KeeleeW keĆ¢er mebKĆee (a) No. of accounts purchased during the year
- -
Ke. meceĀ«e yekeĆ¢eĆee (b) Aggregate outstanding - -
2. keĆ¢. FveceW mes Je<e& kesĆ¢ oewjeve hegveie&ef"le KeeleeW keĆ¢er mebKĆee
(a) Of these, number of accounts restructured during the year
- -
Ke. mekeĆ¢ue yekeĆ¢eĆee (b) Aggregate outstanding - -
efJeJejCe Particulars Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
1. yesĆes ieS KeeleeW keĆ¢er mebKĆee No. of accounts sold 3 3
2. meceĀ«e yekeĆ¢eĆee Aggregate outstanding 68.33 8.07
3. meceĀ«e ĆeefleHeĆ¢ue Ćeeefhle Aggregate consideration received 6.52 5.05
ceoW Item Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
DeejyeerDeeF& ceeveoC[eW kesĆ¢ Devegmeej ceevekeĆ¢ DeeefmleĆeeW kesĆ¢
efueS ĆeeJeOeeve
Provisions towards Standard Assets as per RBI norms
1,390.06 911.35
keĆ¢-2.4.5 ceevekeĆ¢ DeeefmleĆeeW hej ĆeeJeOeeve
keĆ¢-2.4.4 Kejeroer ieF& / yesĆeer ieF& iewj efve<heeokeĆ¢ efJeĆ²eerĆe DeeefmleĆeeW keĆ¢e efJeJejCe
keĆ¢. Kejeroer ieF& iewj efve<heeokeĆ¢ efJeĆ²eerĆe DeeefmleĆeeW kesĆ¢ efJeJejCe :
Ke. yesĆeer ieF& iewj efve<heeokeĆ¢ efJeĆ²eerĆe DeeefmleĆeeW keĆ¢e efJeJejCe :
A-2.4.4 Details of non-performing financial assets purchased/sold
A. Details of non-performing financial assets purchased:
(` keĆ¢jesĆ[ ceW / ` in Crores)
B. Details of non-performing financial assets sold:
( ` keĆ¢jesĆ[ ceW / ` in Crores)
A-2.4.3 Details of financial assets sold to Securitization / Reconstruction Company or Asset Reconstruction
( ` keĆ¢jesĆ[ ceW / ` in Crores)
efJeJejCe Particulars Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
(i) KeeleeW keĆ¢er mebKĆee No. of accounts 3 3
(ii) Smemeer/Deejmeer keĆ¢es yesĆes ieS KeeleeW keĆ¢erkegĆ¢ue keĆ¢ercele (ĆeeJeOeeveeW keĆ¢e vesÅ”)
Aggregate value (net of provisions) of accounts sold to SC / R C
- -
(iii) kegĆ¢ue ĆeefleHeĆ¢ue Aggregate consideration 6.52 5.05
(iv) DeejbefYekeĆ¢ Je<eeX ceW Debleefjle KeeleeW kesĆ¢ mebyebOe ceW
Jemetuee ieĆee DeefleefjĆ²eĆ¢ ĆeefleHeĆ¢ue
Additional consideration realized in respect of accounts transferred in earlier years
- -
(v) MegƦ yener keĆ¢ercele hej kegĆ¢ue ueeYe / neefve Aggregate gain/loss over net book value 6.52 5.05
keĆ¢- 2.4.3 ĆeefleYeteflekeĆ¢jCe/hegveie&"ve keĆ¢cheveer DeLeJee Deeefmle hegveie&"ve kesĆ¢ efueS yesĆeer ieF& efJeĆ²eerĆe DeeefmleĆeeW keĆ¢e efJeJejCe
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keĆ¢-2.5 JĆeeJemeeefĆekeĆ¢ Devegheele A.2.5 Business Ratios
efJeJejCe Particulars Ćeeuet Je<e&Current year
efheĆuee Je<e&Previous Year
(i) Deewmele keĆ¢eĆe&Meerue efveefOeĆeeW kesĆ¢ ĆeefleMele kesĆ¢ Ā¤he ceW yĆeepe DeeĆe
Interest Income as a percentage to Average Working Funds
7.58 6.97
(ii) Deewmele keĆ¢eĆe&Meerue efveefOeĆeeW kesĆ¢ ĆeefleMele kesĆ¢ Ā¤he ceW iewj-yĆeepe DeeĆe
Non-interest income as a Percentage to Average Working Funds
0.87 0.89
(iii) Deewmele keĆ¢eĆe&Meerue efveefOeĆeeW kesĆ¢ ĆeefleMele kesĆ¢ Ā¤he ceW heefjĆeeueve ueeYe
Operating Profit as a percentage to Average Working Funds
2.19 2.22
(iv) DeeefmleĆeeW hej ĆeefleHeĆ¢ue Return on Assets 1.24 1.33
(v) Ćeefle keĆ¢ce&Ćeejer JĆeJemeeĆe (keĆ¢esj pecee leLee DeefĀ«ece) (` keĆ¢jesĆ[ ceW)
Business (Core Deposits plus advances) per employee (`in Crores)
14.66 12.29
(vi) Ćeefle keĆ¢ce&Ćeejer ueeYe (` keĆ¢jesĆ[ ceW) Profit per employee (`in Crores) 0.12 0.11
1 efove1 day
2 mes 7 efove
2 to 7 days
8 mes 14 efove
8 to 14 days
15 mes 28 efove
15 to 28 days
29 efove mes 3 ceen
29 days to 3
months
3 cenerveeW mes pĆeeoe leLee 6
cenerveeW lekeĆ¢Over 3
months & up to 6
months
6 cenerveeW mes pĆeeoe leLee 1 Je<e& lekeĆ¢
Over 6 months
& up to 1 year
1 Je<e& mes pĆeeoe leLee 3 Je<e& lekeĆ¢
Over 1 year & up to 3 years
3 Je<e& mes pĆeeoe leLee 5 Je<e& lekeĆ¢
Over 3 years & up to 5 years
5 Je<e& mes DeefOekeĆ¢Over 5 years
kegĆ¢ueTotal
pecee jeefMeĆeeb Deposits 2925.19 21239.74 11003.69 14329.7 57524.98 46899.67 101186.09 69782.9 14480.81 45498.33 384871.11
(6810.06) (15685.48) (14159.61) (11574.86) (35087.6) (31880.74) (78769.36) (58293.15) (10417.81) (42760.81) (305439.48)
DeefĀ«ece Advances 2219.76 6010.72 8268.23 6769.28 37969.99 31238.21 30909.28 89550.2 31298.26 43143.37 287377.29
(3189.22) (4055.21) (4719.87) (5165.89) (27056.95) (29223.81) (30160.55) (43314.63) (28991.24) (52798.99) (228676.36)
efveJesMe Investments 419.65 1186.93 290.33 764.51 5737.41 1231.49 1633.1 12828.27 10593.25 48524.47 83209.4
(308.78) (1021.37) (261.94) (473.73) (2888.74) (1077.89) (1994.7) (7301.1) (13921.93) (42010.44) (71260.63)
GOeej Borrowings 61.03 508.8 39.32 25.44 1751.06 2387.02 2042.77 1399.66 4729.69 10628.26 23573.05
(324.42) (451.79) (71.92) (293.75) (1543.06) (2305.3) (46.24) (2739.36) (1862.08) (12669.91) (22307.85)
efJeosMeer cegƵe DeeefmleĆeeb
Foreign Currency assets
8545.19 10212.72 4883.32 6054.54 29164.67 23826.91 15119.83 18048.4 12170.83 5106.43 133132.84
(9641.29) (5077.95) (2778.3) (5353.27) (23054.09) (16715.24) (16187.12) (10677.74) (10688.62) (6636.2) (106809.82)
efJeosMeer cegƵe osĆeleeSb
Foreign Currency liabilities
1737.17 17556.76 5960.54 5852.08 27105.95 22690.71 21937.97 4997.56 16567.48 8926.66 133332.88
(9591.3) (8928.37) (3231.94) (6057.93) (16073.17) (18028.63) (13464.97) (11483.17) (11853.45) (10247.89) (108960.83)
ā¢ keĆ¢esā¦keĆ¢ ceW efoS ieS DeebkeĆ¢Ć[s efHeĆues Je<e& keĆ¢er mebKĆeeSb nQ. Figures in bracket denote previous year numbersā¢ DeeeqmleĆeeW SJeb osĆeleeDeeW keĆ¢e efJeYeepeve āāyeQkeĆ¢ keĆ¢er Deeeqmle osĆelee heĆyebOeve SJeb mecetn peesefKece veerefle 2011āā kesĆ¢ Devegmeej efkeĆ¢Ćee ieĆee nw. The distribution of Assets
and Liabilities has been done as per the āAsset Liability Management and Group Risk Policy-2011ā of the Bankā¢ kegĆ¢ue DeefieĆceeW keĆ¢er ieCevee ceW ĆøeeJeOeeveeW SJeb DevĆe keĆ¢Å”ewefleĆeeW keĆ¢e efJeYeepeve mekeĆ¢ue ceevekeĆ¢ DeefieĆceeW kesĆ¢ Devegheele ceW efkeĆ¢Ćee ieĆee nw. The Distribution of provisions
and other deductions, while arriving at the net advances, has been done in proportion to the gross Standard Advances.ā¢ efJeosMeer cegƵe keĆ¢er osĆeleeDeeW keĆ¢e efJeYeepeve cetue osĆelee efJeYeepeve kesĆ¢ Devegheele ceW efkeĆ¢Ćee ieĆee nw. Distribution of provision on foreign currency liabilities
has been done in proportion to the distribution of the parent liability.
A. 2.6 Maturity pattern of certain items of assets and liabilities (As compiled by the management and relied upon by the auditors)
( ` keĆ¢jesĆ[ ceW / ` in Crores)
keĆ¢-2.6 DeeefmleĆeeW Deewj osĆeleeDeeW keĆ¢er kegĆ¢Ć ceoeW keĆ¢e heefjhekeƤJelee mJeĀ®he (ĆeyebOeve Ćeje mecesefkeĆ¢le SJeb uesKee hejer#ekeĆ¢eW Ćeje JĆeĆ²eĆ¢ efJeMJeeme kesĆ¢ DeveĀ¤he)
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keĆ¢-2.7 SkeƤmeheespej A-2.7 Exposure
keĆ¢-2.7.1 efjĆeue SmÅ”sÅ” #es$e ceW SkeƤmeheespej A-2.7.1 Exposure to Real Estate Sector ( ` keĆ¢jesĆ[ ceW / ` in Crores)
ĆesCeer Category Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
keĆ¢) ĆelĆe#e SkeƤmeheespej a) Direct exposure
(i) DeeJeemeerĆe yebOekeĆ¢ ā (i) Residential Mortgages ā
DeeJeemeerĆe mebheefĆ²e, pees keĆ¢pe&oej kesĆ¢ mJeeefcelJe ceW nw / nesieer Ćee efkeĆ¢jeS hej nw, keĆ¢es yebOekeĆ¢ jKeles ngS hetCe& megjef#ele keĆ¢pe&, FveceW mes JĆeefĆ²eĆ¢iele DeeJeeme $e+Ce heĆeLeefcekeĆ¢lee heĆehle DeefieĆceeW ceW Meeefceue keĆ¢jves nsleg hee$e nQ.
Lending fully secured by mortgages on residential property that is or will be occupied by the borrower or that is rented; Of which Individual housing loans eligible for inclusion in priority sector
15,729
(9,880.57)
13,085.20
(8,074.83)
(ii) JeeefCeefpĆekeĆ¢ efjĆeue SmÅ”sÅ” ii) Commercial Real Estate ā 5,834.96 6,082.45
JeeefCeeqpĆekeĆ¢ efjĆeue SmÅ”sÅ” hej yebOekeĆ¢ Ćeje megjef#ele keĆ¢pe& (keĆ¢eĆee&ueĆe YeJeve, efjÅ”sue mhesme, ceuÅ”er hehe&me keĆ¢cee|MeĆeue heefjmej, yengheefjJeej DeeJeemeerĆe YeJeve, yeng efkeĆ¢jeSoej keĆ¢cee|MeĆeue heefjmej, DeewĆ eesefiekeĆ¢ Ćee JesĆej neGme mhesme, nesÅ”ue, peceerve, DeefOeieĆnCe, efJekeĆ¢eme leLee efvecee&Ce keĆ¢eĆe& Deeefo) SkeƤmehees]pej ceW iewj efveefOe DeeOeeefjle (SveSHeĆ¢yeer) meerceeSb Meeefceue nes mekeĆ¢leer nQ.
Lending secured by mortgages on commercial real estates (office buildings, retail space, multi-purpose commercial premises, multi-family residential buildings, multi-tenanted commercial premises, industrial or warehouse space, hotels, land acquisition, development and construction, etc.). Exposure would also include non-fund based (NFB) limits;
(iii) yebOekeĆ¢ ĆegĆ²eĆ¢ heĆefleYetefleĆeeW ceW efveJesMe (Sce yeer Sme) leLee DevĆe heĆefleYeteflele SkeƤmeheespej
(iii) Investments in Mortgage Backed Securities (MBS) and other securitised exposures ā
keĆ¢. DeeJeemeerĆe a. Residential, 0.41 17.84
Ke. JeeefCeefpĆekeĆ¢ efjĆeue SmÅ”sÅ” b. Commercial Real Estate. 13.13 43.54
Ke) DeĆelĆe#e SkeƤmeheespej b) Indirect Exposure
efveefOe DeeOeeefjle leLee iewj efveefOe DeeOeeefjle SkeƤmeheespej Fund based and non-fund based exposures
(i) vewMeveue neGeEmeie yeQkeĆ¢ (SveSĆeyeer) leLee (i) National Housing Bank (NHB) 83.18 10.00
(ii) DeeJeeme efJeĆ²e kebĆ¢heefveĆeeb (SĆeSHeĆ¢meer) (ii) Housing Finance Companies (HFCs) 5,496.72 4,618.91
efjĆeue SmÅ”sÅ” #es$e ceW kegĆ¢ue SkeƤmeheespej Total Exposure to Real Estate Sector 27,157.40 23,857.95
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keĆ¢-2.7.2 Hebtpeer yeepeej ceW $e+Ce peesefKece A- 2.7.2 Exposure to Capital Market ( ` keĆ¢jesĆ[ ceW / ` in Crores)
ceoW Items Ćeeuet Je<e&Current
year
efheĆuee Je<e&Previous
Year
(i) FefkeƤJeÅ”er MesĆeme&, HeefjJele&veerĆe yeeb[eW, HeefjJele&veerĆe ef[yeWĆejeW leLee FefkeƤJeÅ”er DeeOeeefjle cĆetĆegDeue HebĆ¢[ keĆ¢er ĆetefveÅ”eW, efpevekesĆ¢ keĆ¢e@jheme keĆ¢eHeexjsÅ” $e+Ce ceW Deueie mes efveJesMe veneR efkeĆ¢S ieS neW, ceW ĆelĆe#e efveJesMe
(i) Direct investment in equity shares, convertible bonds, convertible debentures and units of equity-oriented mutual funds the corpus of which is not exclusively invested in corporate debt;
1,846.09 1,361.79
(ii) MesĆejeW/yeeb[eW/ef[yeWĆejeW DeLeJee DevĆe ĆeefleYetefleĆeeW keĆ¢er SJe]pe ceW DeefĀ«ece DeLeJee MesĆejeW (DeeF&heerDees/F&SmeDeesheer), heefjJele&veMeerue yeeb[eW, heefjJele&veMeerue ef[yeWĆejeW leLee FefkeƤJeÅ”er DeeOeeefjle cĆetĆegDeue HebĆ¢[ keĆ¢er ĆetefveÅ”eW ceW efveJesMe kesĆ¢ efueS JĆeefĆ²eĆ¢ĆeeW keĆ¢es efveyeĆOe DeeOeej hej efoS ieS DeefĀ«ece
(ii) Advances against shares/bonds/ debentures or other securities or on clean basis to individuals for investment in shares (including IPOs/ESOPs), convertible bonds, convertible debentures, and units of equity-oriented mutual funds;
70.60 12.16
(iii) efkeĆ¢vneR DevĆe Ssmes GƶsMĆeeW kesĆ¢ efueS DeefĀ«ece peneb MesĆejeW DeLeJee HeefjJele&veerĆe yeeb[eW DeLeJee HeefjJele&veerĆe ef[yeWĆejeW DeLeJee FefkeƤJeÅ”er DeeOeeefjle cĆetĆegDeue HebĆ¢[ keĆ¢er ĆetefveÅ”eW keĆ¢es HeĆeLeefcekeĆ¢ HeĆefleYetefle kesĆ¢ Ā¤He ceW efueĆee ieĆee nw.
(iii) Advances for any other purposes where shares or convertible bonds or convertible debentures or units of equity oriented mutual funds are taken as primary security;
12.57 4.80
(iv) efkeĆ¢vneR DevĆe Ssmes GƶsMĆeeW kesĆ¢ efueS Gme meercee lekeĆ¢ DeefĀ«ece, peesefkeĆ¢ MesĆejeW, heefjJele&veMeerue yeeb[eW DeLeJee HeefjJele&veerĆe ef[yeWĆejeW DeLeJee FefkeƤJeÅ”er DeeOeeefjle cĆetĆegDeue HebĆ¢[ keĆ¢er ĆetefveÅ”eW keĆ¢er mebheeefMJe&keĆ¢ ĆeefleYetefle mes mebjef#ele nw; DeLee&le peneb efkeĆ¢ MesĆejeW/HeefjJele&veerĆe yeeb[eW/HeefjJele&veerĆe ef[yeWĆejeW/FefkeƤJeÅ”er DeeOeeefjle cĆetĆegDeue HebĆ¢[eW kesĆ¢ DeueeJee ueer ieĆeer HeĆeLeefcekeĆ¢ HeĆefleYetefle Hetjer lejn mes DeefieĆceeW keĆ¢es keĆ¢Jej veneR keĆ¢j HeeĆeer nw.
(iv) Advances for any other purposes to the extent secured by the collateral security of shares or convertible bonds or convertible debentures or units of equity oriented mutual funds i.e. where the primary security other than shares/convertible bonds/convertible debentures/units of equity oriented mutual funds `does not fully cover the advances
116.39 5.37
(v) mÅ”e@keĆ¢ yeĆeskeĆ¢jeW keĆ¢es peceeveleer leLee iewj peceeveleer DeefieĆce leLee mÅ”e@keĆ¢ yeĆeskeĆ¢jeW leLee ceekexĆ¢Å” ceskeĆ¢j keĆ¢er Deesj mes peejer ieejbefÅ”Ćeeb
(v) Secured and unsecured advances to stockbrokers and guarantees issued on behalf of stockbrokers and market makers
159.72 206.46
(vi) keĆ¢eHeexjsÅ” keĆ¢es MesĆejeW/yeeb[eW/ef[yeWĆejeW DeLeJee DevĆe HeĆefleYetefleĆeeW DeLeJee DeHeves mebmeeOeveeW kesĆ¢ yeĆ{ves keĆ¢er HeĆlĆeeMee ceW veĆeer kebĆ¢HeefveĆeeW keĆ¢er FefkeƤJeÅ”er keĆ¢es HeĆesceesÅ”j kesĆ¢ DebMeoeve kesĆ¢ efueS efveyeb&Oe DeeOeej Hej mJeerke=Ć¢le efkeĆ¢S ieS DeefieĆce
(vi) Loans sanctioned to corporates against the security of shares / bonds/debentures or other securities or on clean basis for meeting promoterās contribution to the equity of new companies in anticipation of raising resources;
- 123.74
(vii) mebYeeefJele FefkeƤJeÅ”er HeĆJeen/efveie&ceeW keĆ¢er SJepe ceW kebĆ¢HeefveĆeeW keĆ¢es hetjkeĆ¢ (efyeĆpe) $e+Ce
(vii) Bridge loans to companies against expected equity flows/issues;
- 0.13
(viii) MesĆejeW DeLeJee HeefjJele&veerĆe yeeb[eW/ef[yeWĆejeW DeLeJee FefkeƤJeÅ”er DeeOeeefjle cĆetĆegDeue HebĆ¢[ kesĆ¢ HeĆeLeefcekeĆ¢ cegƶeW kesĆ¢ yeejs ceW yeQkeĆ¢eW Ćeje keĆ¢er ieF& neceeroejer ĆeefleyeƦleeSb
(viii) Underwriting commitments taken up by the banks in respect of primary issue of shares or convertible bonds or convertible debentures or units of equity oriented mutual funds;
0.60 -
(ix) ceeefpe&ve Å”^sef[bie kesĆ¢ efueS mÅ”e@keĆ¢ yeĆeskeĆ¢jeW keĆ¢es efJeĆ²e HeĆoeve keĆ¢jvee
(ix) Financing to stockbrokers for margin trading 1.90 150.11
(x) JeWĆej hetbpeer efveefOeĆeeW (Hebpeerke=Ć¢le leLee iewj Hebpeerke=Ć¢le) keĆ¢e peesefKece
(x) All exposures to Venture Capital Funds (both registered and unregistered)
731.52 741.88
Hetbpeer yeepeej ceW kegĆ¢ue peesefKece Total Exposure to Capital Market 2,939.39 2,606.44
hetbpeer yeepeej ceW ` 2,939.39 keĆ¢jesĆ[ keĆ¢e $e+Ce kegĆ¢ue $e+Ce keĆ¢er meercee jeefMe ` 7,900.25 keĆ¢jesĆ[ kesĆ¢ Yeerlej nw. (DeLee&le 31.03.2011 keĆ¢es yeQkeĆ¢ keĆ¢er MegƦ ceeefueĆele `19,750.63 keĆ¢jesĆ[ keĆ¢e 40%). hetbpeer yeepeej ceW heĆlĆe#e SkeƤmeHeesĆpej ` 2,663.28 keĆ¢jesĆ[ nw Deewj yeQkeĆ¢ keĆ¢er efveJeue ceeefueĆele (` 3,950.12 keĆ¢jesĆ[) 20% kesĆ¢ Yeerlej nw.The exposure to Capital Market of ` 2,939.39 Crores is within the limit of ` 7,900.25 Crores (i.e. 40% of Bankās Net worth `19,750.63 Crores as on 31.03.2011). The direct exposure to Capital Market is ` 2,663.28 Crores and is within 20% of the Bankās Net Worth (` 3,950.12 Crores).
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keĆ¢-2.7.3 peesefKece ĆesCeerJeej osMeerĆe SkeƤmehees]pej A-2.7.3 Risk Category wise Country Exposure
( ` keĆ¢jesĆ[ ceW / ` in Crores)
ĆesCeer Category 31 ceeĆe& 2012 keĆ¢es SkeƤmehees]pej (vesÅ”)
Exposure (net) as at
31st March 2012
31 ceeĆe& 2012keĆ¢es ĆeeJeOeeveProvision held as at
31st March 2012
31 ceeĆe& 2011keĆ¢es SkeƤmehees]pej (vesÅ”)
Exposure (net) as at
31st March 2011
31 ceeĆe& 2011
keĆ¢es ĆeeJeOeeveProvision held as at
31st March 2011
cenlJenerve Insignificant 16,820.37 8.78 11,525.14 5.19
vĆetve Low 13,082.91 13.85 11,681.36 12.22
ceOĆe Moderate 479.44 -- 769.28 --
GĆĆe High 62.23 -- 337.49 --
DeefOekeĆ¢ GĆĆe Very High 1,577.95 -- 1,212.04 --
meerefcele Restricted 22.05 -- 6.66 --
$e+Ce mes Flej Off-credit 0.38 -- 0.06 --
kegĆ¢ue Total 32,045.33 22.63 25,532.03 17.41
A-2.7.4 Single Borrower Limit (SBL)/ Group Borrower Limit (GBL) exceeded by the bank.
( ` keĆ¢jesĆ[ ceW / ` in Crores)
keĆ¢-2.7.4 yeQkeĆ¢ Ćeje SkeĆ¢ue $e+Ceer meercee (SmeyeerSue) mecetn $e+Ceer meercee (peeryeerSue) ceW DeeefOekeƤĆe
keĆ¢-2.7.5 iewjpeceeveleer DeefĀ«ece jeefMe
Ssmes DeefieĆceeW efpeveceW nkeĆ¢oejer, ueeFmeWme, heĆeefOekeĆ¢ej Deeefo hej heĆYeej nsleg Decetle& heĆefleYetefleĆeeb peceevele kesĆ¢ Ā¤he ceW ueer ieF& nw, keĆ¢er jeefMe ` 1033.30 keĆ¢jesĆ[ nw Deewj GvnW iewj peceeveleer DeefieĆceeW kesĆ¢ Yeeie kesĆ¢ Ā¤he ceW oMee&Ćee ieĆee nw pewmee efkeĆ¢ legueve he$e keĆ¢er DevegmetĆeer 9 ceW GequueefKele nw. kegĆ¢ue iewj peceeveleer DeefieĆceeW ceW Ssmes DeefieĆceeW keĆ¢e DebMe 2.20% nw.
` 277.23 keĆ¢jesĆ[ kesĆ¢ iewj peceeveleer $e+Ce Jeeues SkeĆ¢ Keeles ceW efoveebkeĆ¢ 23.04.2010 keĆ¢er cetuĆeebkeĆ¢ve efjheesÅ”& kesĆ¢ Devegmeej Decetle& mebheee|ĆekeĆ¢ keĆ¢e cetuĆeebkeĆ¢ve ` 1099.28 keĆ¢jesĆ[ nw. ` 756.07 keĆ¢jesĆ[ keĆ¢er yekeĆ¢eĆee jeefMe Jeeues DevĆe KeeleeW kesĆ¢ mebyebOe ceW Decetle& heĆefleYetefle keĆ¢e DeekeĆ¢efuele cetuĆe veneR efueĆee ieĆee nw.
Je<e& Year
$e+Ceer keĆ¢e veece Name of the borrower
SkeĆ¢ue keĆ¢pe&oejSkeƤmehees]pej meercee
Single Borrower Exposure Limit
kegĆ¢ue efveOee&efjlemeercee
Total Limit Sanctioned
31.03.2012keĆ¢es Mes<e
Balance as on 31st March
2011-12 - - - -
2010-11 - - - -
Je<e& Year
$e+Ceer keĆ¢e veece Name of the borrower
mecetn keĆ¢pe&oejSkeƤmehees]pej meercee
Group Borrower Exposure Limit
kegĆ¢ue efveOee&efjlemeercee
Total Limit Sanctioned
31.03.2011keĆ¢es Mes<e
Balance as on 31st March
2011-12 - - - -
2010-11 - - - -
A-2.7.5 Amount of Unsecured Advances
The amount of advances, for which intangible securities, such as charge over the rights, licenses, authority etc. have been taken as security is ` 1033.30 Crores and the same has been classified as unsecured, forming part of unsecured advances as reflected in schedule 9 of the balance sheet. Such advances to total unsecured advances are 2.20 %.
One account with unsecured loan of ` 277.23 Crores has intangible collateral valued at 1099.28 Crores as per valuation report dated 23.04.2010. In respect of other accounts for unsecured outstanding of 756.07 Crores, the estimated value of intangible security is not taken.
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( ` keĆ¢jesĆ[ ceW / ` in Crores)
Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous year
mebheefĆ²e keĆ¢j SJeb DeemLeefiele keĆ¢j meefnle kesĆ¢ keĆ¢jeW nsleg heĆeJeOeeve Provision for Tax including Wealth tax & deferred tax
1,443.98 1,652.91
IeÅ”eSb ā efheĆues Je<eeX mes mebyebefOele keĆ¢j heĆeJeOeeveeW keĆ¢e efjJeme&ue Less reversal of Tax provisions relating to previous years
425.14 244.27
keĆ¢j kesĆ¢ efueS vesÅ” ĆeeJeOeeve net Provision for tax 1,018.84 1,408.64
keĆ¢-2.8 efJeefJeOe A-2.8 Miscellaneous
keĆ¢-2.8.1 Je<e& kesĆ¢ oewjeve keĆ¢jeOeeve nsleg efkeĆ¢S ieS ĆeeJeOeeve keĆ¢er jeefMe A-2.8.1 Amount of Provisions for Taxation during the year
keĆ¢-2.7.6 peceeDeeW, DeefĀ«eceeW, SkeƤmehees]pej leLee SveheerS keĆ¢e kesĆ¢vƵerkeĆ¢jCe
2.7.6. keĆ¢) peceeDeeW keĆ¢e kesĆ¢vƵerkeĆ¢jCe
2.7.6. Ke) DeefĀ«eceeW keĆ¢e kesĆ¢vƵerkeĆ¢jCe
2.7.6. ie) SkeƤmehees]pej keĆ¢e kesĆ¢vƵerkeĆ¢jCe
2.7.6. Ie) SveheerS keĆ¢e kesĆ¢vƵerkeĆ¢jCe
2.7.6. *) ĆeeJeOeeve keĆ¢Jejspe Devegheele
A-2.7.6 Concentration of Deposits, Advances, Exposures and NPAs
2.7.6. a) Concentration of Deposits ( ` keĆ¢jesĆ[ ceW / ` in Crores)
Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
yeerme meyemes yeĆ[s peceekeĆ¢lee&DeeW keĆ¢er kegĆ¢ue peceeSb Total Deposits of twenty largest depositors 36,576.98 30,464.99
yeQkeĆ¢ keĆ¢er kegĆ¢ue peceeDeeW ceW yeerme meyemes yeĆ[s peceekeĆ¢lee&DeeW keĆ¢er peceeDeeW keĆ¢e ĆeefleMele
Percentage of Deposits of twenty largest depositors to Total Deposits of the bank
9.50 9.97
2.7.6. b) Concentration of Advances( ` keĆ¢jesĆ[ ceW / ` in Crores)
Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
yeerme meyemes yeĆ[s $e+efCeĆeeW keĆ¢es efoS ieS kegĆ¢ue $e+Ce Tota l Advances to twenty la rgest borrowers
42,897.70 36,312.71
yeQkeĆ¢ kesĆ¢ kegĆ¢ue DeefĀ«eceeW ceW yeerme meyemes yeĆ[s $e+efCeĆeeW keĆ¢es efoS ieS DeefĀ«eceeW keĆ¢e ĆeefleMele
Percentage of Advances to twenty largest borrowers to Total Advances of the bank
10.22 11.19
2.7.6. c) Concentration of Exposures ( ` keĆ¢jesĆ[ ceW / ` in Crores)
Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
yeerme meyemes yeĆ[s $e+efCeĆeeW / Ā«eenkeĆ¢eW keĆ¢e kegĆ¢ue SkeƤmehees]pej Total Exposure to twenty largest borrowers/customers
44,872.71 38,237.82
yeerme meyemes yeĆ[s $e+efCeĆeeW / Ā«eenkeĆ¢eW keĆ¢es yeQkeĆ¢ kesĆ¢ kegĆ¢ue SkeƤmehees]pej keĆ¢e ĆeefleMele
Percentage of Exposures to twenty largest borrowers/customers to Total Exposure of the bank on borrowers/customers
8.99 9.73
2.7.6. d) Concentration of NPAs( ` keĆ¢jesĆ[ ceW / ` in Crores)
Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
Ćeej yeĆ[s SveheerS KeeleeW ceW kegĆ¢ue SkeƤmeheespej Total Exposure to top four NPA accounts 709.92 383.89
2.7.6. e) Provision Coverage Ratio
Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
mekeĆ¢ue SveheerS ceW ĆeeJeOeeve keĆ¢Jejspe Devegheele (lekeĆ¢veerkeĆ¢er yeĆ³ekeĆ¢jCe meefnle)
PCR to Gross NPA (including technical write-off)
80.05% 85.00%
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keĆ¢-2.8.2 YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje ueieeS ieS ob[ keĆ¢e ĆekeĆ¢Å”erkeĆ¢jCe efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve yeQkeĆ¢ hej yeQeEkeĆ¢ie efJeefveĆece DeefOeefveĆece
1949 keĆ¢er efkeĆ¢meer Yeer Dehes#ee keĆ¢er DeJensuevee DeLeJee iewj Devegheeuevee DeLeJee YeejleerĆe efj]peJe& yedWkeĆ¢ Ćeje GĆ²eĆ¢ DeefOeefveĆece ceW efJeefvee|oĀ° efveĆeceeW DeLeJee MeleeX keĆ¢e heeueve ve nesves kesĆ¢ keĆ¢ejCe yeQkeĆ¢ hej Ssmee keĆ¢esF& oC[ veneR ueieeĆee ieĆee nw.
keĆ¢-2.8.3 ĆeeĆeesefpele SmeheerJeer Dee@HeĆ¢ yewueWme MeerÅ” (efpemes uesKee ceevekeĆ¢eW kesĆ¢ Devegmeej
mecesefkeĆ¢le efkeĆ¢Ćee peevee nw)
ĆeeĆeesefpele SmeheerJeer keĆ¢e veece Name of the SPV sponsored
Iejsuet Domestic efJeosMeer Overseas
MetvĆe / NIL MetvĆe / NIL
Ćeeuet Je<e& efheĆuee Je<e&
yener cetuĆe ceekexĆ¢Å” cetuĆe yener cetuĆe ceekexĆ¢Å” cetuĆeCurrent Year Previous Year
Book Value Market Value Book Value Market Value
mejkeĆ¢ejer ĆeefleYetefleĆeebSmeSueDeej (meerpeer, Smepeer Je Å”eryeer)*
Govt. sec SLR(CG,SG,&TB) * 69,207.34 69207.34 59404.47 59404.47
Devegceesefole ĆeefleYetefleĆeeb ā SmeSueDeej Approved sec-SLR 163.26 163.26 540.70 536.28
*FmeceW meermeerDeeF&Sue/ScemeerSkeƤme/ĆetSmeF&/SveSmeF& kesĆ¢ Heeme jKeer SmeSueDeej ĆøeefleYetefleĆeeb Meeefceue nQ. *incl. SLR Securities kept with CCIL/ MCX / USE / NSE
keĆ¢-3. SmeSueDeej efveJesMe A-3. SLR Investments:
efJeJejCe ParticularsĆeeuet Je<e&
Current Year
efheĆuee Je<e&Previous
Year
efveJesMe hej cetuĆeĆeme nsleg ĆeeJeOeeve Provision for depreciation on investment 236.33 9.01
yeĆ³sKeeles [eues ieS DeMeesOĆe $e+CeeW/SveheerS kesĆ¢efueS ĆeeJeOeeve
Bad debts written off / Provision made towards NPA 1,568.87 1,055.47
ceevekeĆ¢ DeeefmleĆeeW nsleg ĆeeJeOeeve Provision for standard assets 448.17 223.85
keĆ¢j nsleg ĆeeJeOeeve (DeemLeefiele keĆ¢jeW,
Deewj mebheoe keĆ¢j meefnle)
Provision for taxes (including deferred taxes, and Wealth tax)
1,018.84 1,408.64
DevĆe ĆeeJeOeeve leLee DeekeĆ¢efmcekeĆ¢leeSb Other Provision and Contingencies
hegveie&ef"le ceevekeĆ¢ Je DeJeceevekeĆ¢ KeeleeW ceW yĆeepe kesĆ¢
mewefāŗeĆ¢HeĆ¢eFme nsleg ĆeeJeOeeve
Provision towards sacrifice of interest in restructured standard and sub-standard accounts
296.32 -4.87
osMeiele peesefKece ĆeyebOeve nsleg ĆeeJeOeeve Provision for Country Risk Management 5.22 2.06
keĆ¢ce&Ćeejer keĆ¢uĆeeCe KeĆe& nsleg ĆeeJeOeeve Provision for staff welfare expenses 25.00 15.00
DevĆe Others -25.08 30.76
kegĆ¢ue total 3,573.67 2,739.92
keĆ¢-4. ĆeeJeOeeveeW Je DeekeĆ¢efmcekeĆ¢leeDeeW keĆ¢e yeĆskeĆ¢ Dehe
keĆ¢-4.1 ueeYe Je neefve Keeles ceW Deeves Jeeues ĆeeJeOeeve Je DeekeĆ¢efmcekeĆ¢leeDeeW keĆ¢e
efJeJejCe Fme ĆekeĆ¢ej nw:
A-4. Break up of Provisions and Contingencies
A-4.1 The break-up of provisions and contingencies appearing in Profit & Loss Account is as under:
( ` keĆ¢jesĆ[ ceW / ` in Crores)
A-2.8.2 Disclosure of penalties imposed by RBI During the financial year 2011-12, the bank has not
been subjected to any penalty for contravention or non-compliance with any requirement of the Banking Regulation Act, 1949, or any rules or conditions specified by the Reserve Bank of India in accordance with the said Act.
A-2.8.3 Off-balance sheet SPVs sponsored (which are required to be consolidated as per accounting norms)
( ` keĆ¢jesĆ[ ceW / ` in Crores)
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179
efJeJejCe ParticularsĆeeuet Je<e&
Current Year
efheĆuee Je<e&Previous
Year
keĆ¢. DemLeeĆeer ĆeeJeOeeve Keeles ceW DeejefcYekeĆ¢ Mes<e a. Opening balance in the floating provisions account
850.35 550.35
Ke. uesKee Je<e& ceW efkeĆ¢S ieS DemLeeĆeer ĆeeJeOeeve keĆ¢er jeefMe b. The quantum of floating provisions made in the accounting year
- 300.00
ie. uesKee Je<e& kesĆ¢ oewjeve efkeĆ¢S ieS [^e [eGve keĆ¢erjeefMe
c. Amount of draw down made during the accounting year
- -
Ie. DemLeeĆeer ĆeeJeOeeve Keeles ceW Debeflece Mes<e d. Closing balance in the floating provisions account
850.35 850.35
keĆ¢-4.2 DemLeeĆeer ĆeeJeOeeve - JĆeehekeĆ¢ ĆekeĆ¢Å”erkeĆ¢jCe A-4.2 Floating Provisions ā Comprehensive Disclosures
( ` keĆ¢jesĆ[ ceW / ` in Crores)
keĆ¢- 4.3 Deejef#ele efveefOeĆeeW ceW efiejeJeÅ” ([^e [eGve) A-4.3 Draw Down from Reserves
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve Deejef#ele efveefOeĆeeW ceW keĆ¢esF& efiejeJeÅ” veneR DeeF&.
During the financial year 2011-12, there has been no draw down from Reserves.
keĆ¢- 5. efMekeĆ¢eĆeleeW keĆ¢e ĆekeĆ¢Å”erkeĆ¢jCe A-5. Disclosure of complaints
I. Ā«eenkeĆ¢ efMekeĆ¢eĆele I. Customer Complaints
efJeJejCe ParticularsĆeeuet Je<e&
Current Year
efheĆuee Je<e&Previous
Year
(keĆ¢) Je<e& kesĆ¢ MegĀ¤ ceW uebefyele efMekeĆ¢eĆeleeW keĆ¢er mebKĆee (a) No. of complaints pending at the beginning of the year
160 91
(Ke) Je<e& kesĆ¢ oewjeve HeĆeHle efMekeĆ¢eĆeleeW keĆ¢er mebKĆee (b) No. of complaints received during the year 11365 6239
(ie) Je<e& kesĆ¢ oewjeve efveJeeefjle efMekeĆ¢eĆeleeW keĆ¢er mebKĆee (c) No. of complaints redressed during the year
10889 6170
(Ie) Je<e& kesĆ¢ Deble ceW uebefyele efMekeĆ¢eĆeleeW keĆ¢er mebKĆee (d) No. of complaints pending at the end of the year
636* 160
* FveceW mes 525 efMekeĆ¢eĆeleW 30 efoveeW mes keĆ¢ce hegjeveer nQ. * out of these 525 complaints are pending for less than 30 days.
II. yeQefkebĆ¢ie ueeskeĆ¢heeue Ćeje efoS ieS efveCe&Će II. Awards passed by the Banking Ombudsman
efJeJejCe ParticularsĆeeuet Je<e&
Current Year
efheĆuee Je<e&Previous
Year
(keĆ¢) Je<e& kesĆ¢ MegĀ® ceW keĆ¢eĆee&efvJele ve efkeĆ¢S ieS efveCe&ĆeeW keĆ¢er mebKĆee (a) No. of unimplemented Awards at the beginning of the year
01 02
(Ke) Je<e& kesĆ¢ oewjeve yeQefkebĆ¢ie ueeskeĆ¢Heeue Ćeje efoS ieSefveCe&ĆeeW keĆ¢er mebKĆee
(b) No. of Awards passed by the Banking Ombudsman during the year
12 21
(ie) Je<e& kesĆ¢ oewjeve keĆ¢eĆee&efvJele efveCe&ĆeeW keĆ¢er mebKĆee (c) No. of Awards implemented during the year
09 22
(Ie) Je<e& kesĆ¢ Deble ceW keĆ¢eĆee&efvJele ve efkeĆ¢S ieS efveCe&ĆeeW keĆ¢er mebKĆee (d) No. of unimplemented Awards at the end of the year
04 01
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A-6. Status of Letters of Comforti Letters of Comfort (LOCās) issued during the Current
Financial Year During the current financial year Bank has not issued
any Letter of Comfort to meet the requirements of the overseas/domestic regulators while seeking their approval for establishing subsidiaries / opening of branches.
ii Cumulative position of LOCās outstanding on 31.03.2012 The Bank has issued the following Letter of Comforts
(i) During financial year 2008-09 to meet the requirements of the overseas/ domestic regulators while seeking their approval for establishing subsidiaries/ opening of branches, the Letter of Comfort was issued to Reserve Bank of New Zealand for the Bankās subsidiary in that country As per audited accounts as on 31.03.2012, the deposits of the subsidiary are ` 80.90 Crores and outside liabilities are `0.46 Lacs The LOC issued by Bank of Baroda covers this entire amount of ` 81.36 Crores i.e. deposit and outside liabilities. However, the net worth of the subsidiary is ` 170.33 Crores and as such there is no liability arising on account of operations of the subsidiary for the period ended 31st March 2012.
(ii) During financial year 2010-11, the Bank has issued Letter of comfort to the Bank of Negara Malaysia to the extent of the Bankās 40% shareholding in the joint venture Bank ā India International Bank (Malaysia) Bhdā (IIBMB)- The Bank is yet to commence operations and therefore no financial liabilities arise to Bank of Baroda.
A-7 income earned for marketing third party products
(` in Crores)
efJeJejCe Nature of IncomeĆeeuet Je<e&
Current Year
efheĆuee Je<e&Previous
YearpeerJeve yeercee heeefueefmeĆeeW keĆ¢er efyeāŗeĆ¢er nsleg For selling life insurance policies 19.30 23.42
iewj peerJeve yeercee heeefueefmeĆeeW keĆ¢er efyeāŗeĆ¢er nsleg For selling non life insurance policies 11.33 11.50
cĆetĆĆetDeue HebĆ¢[ heĆespeskeĆ¤Å”eW keĆ¢er efyeāŗeĆ¢er nsleg For selling mutual fund projects 1.73 1.82
FeqkeƤJeÅ”er yeĆeseEkeĆ¢ie Glheeo Equity broking product 0.46 0.82
yeQkeĆ¢MĆeesjWme JĆeJemeeĆe Bancassurance Business 0.21 2.48
A-8 Sale of Investment held under Held to Maturity (HTM) Category in excess of 5% of the Book value of the investment held in HTM category at the beginning of the year
efveJesMe keĆ¢e DeejbefYekeĆ¢ Mes<e (SĆeÅ”erSce) 01.04.2011
Opening Bal. of investment (HTM) 01.04.2011
Je<e& kesĆ¢ oewjeve efyeāŗeĆ¢er/
DeblejCeSale/ transfer during
the year
HeefjJeƦ&veAddition
efveJesMeeW keĆ¢e meceeefHle
Mes<e 31.03.2012Closing Bal. of
Investment (HTM) 31.03.12
efveJesMe (SĆeÅ”erSce) ĆesCeer keĆ¢e yee]peej
cetuĆe 31.03.2012Market value of investment (HTM) category 31.03.12
- - - - -
A-9 Disclosure on imposition of penalty for bouncing of SGL forms
meceeHle Je<e& Year ended
SmepeerSue HeĆ¢@ece& ueewÅ”eves keĆ¢er leejerKeDate of bouncing SGL form
jeefMeAmount
efŔHHeCeerRemarks
2012 - - - -2011 - - -
keĆ¢-6. ĆegkeĆ¢ewleer DeeMJeemeve He$e keĆ¢er efmLeefle
(I) Ćeeuet efJeĆ²eerĆe Je<e& kesĆ¢ oewjeve peejer ĆegkeĆ¢ewleer DeeMJeemeve he$e (SueDeesmeer)
yeQkeĆ¢ ves Ćeeuet Je<e& kesĆ¢ oewjeve efJeosMeer/osMeerĆe efveĆeecekeĆ¢eW Ćeje Deheveer Deveg<ebefieĆeeW keĆ¢er mLeehevee keĆ¢jves/MeeKeeDeeW keĆ¢es Keesueves kesĆ¢ efueS Dehevee Devegceesove Ćeehle keĆ¢jles meceĆe DeeJeMĆekeĆ¢leeDeeW keĆ¢er hetefle& kesĆ¢ meboYe& ceW keĆ¢esF& DeeMJeemeve he$e peejer veneR efkeĆ¢Ćee.
(II) 31.03.2012 keĆ¢es yekeĆ¢eĆee ĆegkeĆ¢ewleer DeeĆeemeve he$eeW keĆ¢er mebĆeĆeer eqmLeefle
(i) efJeĆ²eerĆe Je<e& 2008-09 kesĆ¢ oewjeve efJeosMeer/osMeer efJeefveĆeecekeĆ¢eW keĆ¢er Dehes#eeDeeW keĆ¢es hetje keĆ¢jves kesĆ¢ efueS Deveg<ebefieĆeeW keĆ¢er mLeehevee / MeeKeeSb Keesueves nsleg Gvemes Devegceesove heĆehle keĆ¢jves kesĆ¢ efueS efj]peJe& yeQkeĆ¢ Dee@HeĆ¢ vĆetpeerueQ[ keĆ¢e Gme osMe ceW yeQkeĆ¢ keĆ¢er Deveg<ebieer kesĆ¢ efueS ĆegkeĆ¢ewleer DeeĆeemeve he$e peejer efkeĆ¢Ćee ieĆee Lee. efo.31.03.2012 kesĆ¢ uesKee hejeref#ele uesKeeW kesĆ¢ Devegmeej Deveg<ebieer keĆ¢er peceeSb `.80.90 keĆ¢jesĆ[ SJeb yeenjer osĆeleeSb `.0.46 ueeKe nw. yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe Ćeje peejer efkeĆ¢Ćee ieĆee SueDeesmeer `.81.36 keĆ¢jesĆ[ keĆ¢er mecemle jeefMe DeLee&le peceejeefMe SJeb yeenjer osĆeleeDeeW keĆ¢es keĆ¢Jej keĆ¢jlee nw. leLeeefhe Fme Deveg<ebieer keĆ¢er MegƦ ceeefueĆele `.170.33 keĆ¢jesĆ[ nw Deewj FmeefueS 31 ceeĆe&, 2012 keĆ¢es meceehle DeJeefOe kesĆ¢ efueS Fme Deveg<ebieer kesĆ¢ heefjĆeeueveeW kesĆ¢ keĆ¢ejCe keĆ¢esF& osĆeleeSb GlheVe veneR nes jner nw.
(ii) efJeĆ²eerĆe Je<e& 2010-11 kesĆ¢ oewjeve yeQkeĆ¢ ves mebĆegĆ²eĆ¢ GĆ ece yeQkeĆ¢ ā Fbef[Ćee FbÅ”jvesMeveue yeQkeĆ¢ (ceuesefMeĆee) yeerSĆe[er (DeeF&DeeF&yeerSceyeer) ceW yeQkeĆ¢ kesĆ¢ 40% MesĆejOeeefjlee keĆ¢er meercee lekeĆ¢ yeQkeĆ¢ Dee@]HeĆ¢ vesieeje ceuesefMeĆee keĆ¢es DeeĆeemeve he$e peejer efkeĆ¢Ćee nw. yeQkeĆ¢ keĆ¢es DeYeer DeHevee HeefjĆeeueve DeejbYe keĆ¢jvee nw. Dele: yeQkeĆ¢ keĆ¢er keĆ¢esF& efJeĆ²eerĆe osĆelee vener nw.
keĆ¢-7 leermejer heeÅ”ea kesĆ¢ GlheeoeW kesĆ¢ efJeheCeve mes Dee|pele DeeĆe
keĆ¢-8. Je<e& kesĆ¢ heĆejbYe ceW SĆeÅ”erSce ĆesCeer ceW jKes ieS efveJesMeeW kesĆ¢ yener-cetuĆe kesĆ¢ 5% mes DeefleefjĆ²eĆ¢ kesĆ¢ SĆeÅ”erSce ceW jKes ieS efveJesMeeW keĆ¢er efyeāŗeĆ¢er
keĆ¢-9. SmepeerSue HeĆ¢eceeX kesĆ¢ ueewÅ”eS peeves Hej ueieeS ieS ob[ keĆ¢e ĆøekeĆ¢Å”erkeĆ¢jCe
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B. Disclosure in terms of Accounting Standards (AS) issued by the Institute of Chartered Accountants of India:
B-1. Employee Benefits (AS-15)B- 1.1 The Bank has adopted the Accounting Standard (AS-15)
issued by ICAI, effective from 07.12.2006. The standard has been revised and notified on 17.12.2007. The provisions contained in AS-15 give option to the bank, to charge the transitional liability as an expense in its Profit and Loss Account spread over a period of 5 years. Bank has exercised this option and accordingly made an incremental provision for employee benefits such as pension, gratuity, leave encashment and other retirement benefits to the extent of 1/5th of the total transitional liability commencing from financial year 2007-08, which is crystallized on Actuarial valuation at ` 901.00 Crores, which has been fully provided as on March 31, 2012
B-1.2 GRATUITY The Bank pays gratuity to employees who retire or
resign from Bankās service, after initial service period of five years. Accordingly, the Bank makes contributions to an in-house trust, towards funding this gratuity, payable every year. In accordance with the gratuity fundās rules, actuarial valuation of gratuity liability is calculated based on certain assumptions regarding rate of interest, salary growth, mortality and staff attrition as per the projected unit credit actuarial method.
The investment of the funds is made according to investment pattern prescribed by the Government of India.
The gratuity payable is worked out by way of 3 different schemes and the entitlement is based on what is most beneficial to employees.
B- 1.3 PENSION
B. 1.3.1 Bank of Baroda pays pension, a defined benefit plan covering the employees who have opted for pension and also to the employees joining the bankās service on or after 29.9.1995 but before 01.04.2010. The plan provides for a pension on a monthly basis to these employees on their cessation from Bankās service in terms of Bank of Baroda (Employeesā) Pension Regulations, 1995. Employees covered under Bank of Baroda (Employeesā) Pension Regulations, 1995 are not eligible for Bankās contribution to Provident fund.
B. 1.3.2 New Pension Scheme
In terms of Bipartite Settlement and Joint Note dated 27.04.2010 between IBA and Employees Organisationsā on extending another option for pension, employees joining the services of the Bank on or after 01.04.2010 are eligible for the Defined Contributory Pension Scheme, which is introduced by the Bank in terms of the Joint Note / Settlement dated 27.04.2010, similar to the one governed by the provisions of New Pension Scheme introduced for the employees of Central Government w.e.f. 01.01.2004 and as modified from time to time. Hence they are not eligible for becoming members of Bankās Provident Fund Scheme and Pension Scheme. In respect of the employees of the Bank who have joined the services of the Bank on or after 01.04.2010, deduction towards
Ke. FbmÅ”erÅ”ÅøetÅ” Dee@He]Ć¢ ĆeeÅ”&[& SkeĆ¢eGbÅ”sÅ”dme Dee@He]Ć¢ Fbef[Ćee Ćeje peejer SkeĆ¢eGbefÅ”bie mÅ”Q[[& (SSme) kesĆ¢ mebyebOe ceW HeĆkeĆ¢Å”erkeĆ¢jCe
Ke-1. keĆ¢ce&Ćeejer ueeYe (S.Sme.-15)Ke-1.1 yeQkeĆ¢ ves 07.12.2006 mes ĆøeYeeJeer DeeF&meerSDeeF& Ćeje peejer uesKee ceevekeĆ¢
(S.Sme.-15) keĆ¢es DeHeveeĆee nw. Ćen ceevekeĆ¢ efoveebkeĆ¢ 17.12.2007 keĆ¢es mebMeesefOele SJeb DeefOemetefĆele efkeĆ¢Ćee ieĆee. S.Sme.-15 ceW efoS ieS HeĆeJeOeeve yeQkeĆ¢ keĆ¢es 5 Je<eeX mes DeefOekeĆ¢ keĆ¢er DeJeefOe kesĆ¢ efueS DeHeves ueeYe SJeb neefve Keeles ceW mebāŗeĆ¢ceCeMeerue osĆelee keĆ¢es KeĆe& jeefMe kesĆ¢ Ā¤He ceW ĆeYeeefjle keĆ¢jves keĆ¢e efJekeĆ¢uHe HeĆoeve keĆ¢jlee nw. yeQkeĆ¢ ves Fme efJekeĆ¢uHe keĆ¢es DeHeveeĆee nw leLee leovegmeej keĆ¢ce&Ćeejer kesĆ¢ efnleeW pewmes efkeĆ¢ HeWMeve, Ā«esĆĆegÅ”er, ĆgĆ³er vekeĆ¢oerkeĆ¢jCe leLee DevĆe mesJeeefveJe=eqĆ²e ueeYeeW kesĆ¢ mebyebOe ceW efJelleerĆe Je<e& 2007-08 mes kegĆ¢ue mebāŗeĆ¢ceCeMeerue osĆeleeDeeW kesĆ¢ 1/5 Yeeie lekeĆ¢ Je=efƦMeerue ĆøeeJeOeeve efkeĆ¢S nQ, pees efkeĆ¢ Ā®HeĆes 901.00 keĆ¢jeĆs[ kesĆ¢ JeemleefJekeĆ¢ cetuĆe kesĆ¢ yejeyej nQ. 31 ceeĆe& 2012 keĆ¢es Fmes HetCe& ĆøeeJeOeeveerke=Ć¢le efkeĆ¢Ćee ieĆee nQ.
Ke-1.2 ieĆsĆĆegÅ”er
yeQkeĆ¢ DeHeves Ssmes keĆ¢ce&ĆeeefjĆeeW keĆ¢es, pees efkeĆ¢ yeQkeĆ¢ mesJee mes mesJeeefveJe=Ć²e DeLeJee mesJeelĆeeie keĆ¢jles nQ, ieĆsĆĆegÅ”er keĆ¢e Yegieleeve keĆ¢jlee nw. yeQkeĆ¢ HeĆlĆeskeĆ¢ Je<e& Yegieleeve keĆ¢er peeves Jeeueer Fme ieĆsĆĆegÅ”er keĆ¢er hebĆ¢ef[ie kesĆ¢ efueS SkeĆ¢ DeebleefjkeĆ¢ vĆeeme keĆ¢es DebMeoeve jeefMe HeĆoeve keĆ¢jlee nw. ieĆsĆĆegÅ”er efveefOe kesĆ¢ efveĆeceeW kesĆ¢ DevegĀ¤He yĆeepe oj, Jesleve Je=efƦ, ce=lĆeg oj Deewj mesJee ĆesĆ[ves Jeeues mÅ”eheĆ¢ keĆ¢e Devegceeve ueieeles ngS, Heefjueef#ele FkeĆ¢eF& $e+Ce yeerceebefkeĆ¢keĆ¢ HeƦefle kesĆ¢ DeeOeej Hej ieĆsĆĆegÅ”er osĆelee kesĆ¢ yeerceebefkeĆ¢keĆ¢ cetuĆe keĆ¢er ieCevee keĆ¢er peeleer nw .
efveefOeĆeeW keĆ¢e efveJesMe Yeejle mejkeĆ¢ej Ćeje efveOee&efjle efveJesMe HeƦefle kesĆ¢ Devegmeej efkeĆ¢Ćee peelee nw .
Yegieleeve keĆ¢er peeves Jeeueer ieĆsĆĆegÅ”er keĆ¢er ieCevee 3 efJeefYevve ĆeespeveeDeeW kesĆ¢ lejerkesĆ¢ mes keĆ¢er peeleer nw leLee FmekesĆ¢ efueS keĆ¢ce&ĆeeefjĆeeW kesĆ¢ efueS Hee$elee pees keĆ¢ce&ĆeeefjĆeeW kesĆ¢ efueS DeefOekeĆ¢ ueeYekeĆ¢ejer nes, GmekesĆ¢ DeeOeej Hej keĆ¢er peeleer nw.
Ke-1.3 HeWMeve
Ke-1.3.1 yeQkeĆ¢ Dee@He]Ć¢ yeĆ[ewoe DeHeves keĆ¢ce&ĆeeefjĆeeW, efpevneWves HeWMeve keĆ¢e efJekeĆ¢uHe Ćegvee nw Deewj Ssmes keĆ¢ce&ĆeeefjĆeeW keĆ¢es, efpevneWves 29.09.1995 keĆ¢es Hejbleg 01.04.2010 kesĆ¢ HetJe& yeQkeĆ¢ mesJee ceW keĆ¢eĆe&Yeej mebYeeuee nw, GvnW efJeefveefo&<Å” ueeYe leLee mesJee efveJe=efĆ²e Ćeespevee kesĆ¢ Debleie&le HeWMeve keĆ¢e Yegieleeve keĆ¢jlee nw. Ćen Ćeespevee keĆ¢ce&ĆeeefjĆeeW keĆ¢es ceeefmekeĆ¢ DeeOeej Hej yeQkeĆ¢ Dee@He]Ć¢ yeĆ[ewoe (keĆ¢ce&Ćeejer) HeWMeve efJeefveĆece, 1995 kesĆ¢ DeOeerve GvekesĆ¢ yeQkeĆ¢ ĆesĆ[ves kesĆ¢ HeĀ§eeled HeWMeve Ćøeoeve keĆ¢jves keĆ¢er megefJeOee Ćøeoeve keĆ¢jleer nw. yeQkeĆ¢ Dee@He]Ć¢ yeĆ[ewoe (keĆ¢ce&Ćeejer) HeWMeve efJeefveĆece, 1995 Debleie&le Meeefceue keĆ¢ce&Ćeejer YeefJe<Će efveefOe ceW yeQkeĆ¢ kesĆ¢ DebMeoeve kesĆ¢ efueS Hee$e veneR nw.
Ke-1.3.2 veF& heWMeve Ćeespevee
heWMeve keĆ¢e ogyeeje efJekeĆ¢uhe osves kesĆ¢ yeejs ceW YeejleerĆe yeQkeĆ¢ mebIe Deewj keĆ¢ce&Ćeejer mebie"veeW kesĆ¢ yeerĆe ngS efĆhe#eerĆe mecePeewles Deewj mebĆegĆ²eĆ¢ veesÅ” efoveebkeĆ¢ 27.04.2010 kesĆ¢ Devegmeej efoveebkeĆ¢ 01.04.2010 keĆ¢es Ćee FmekesĆ¢ heĀ§eele yeQkeĆ¢ keĆ¢er mesJee ceW heĆJesMe keĆ¢jves Jeeues keĆ¢ce&Ćeejer heefjYeeef<ele DebMeoeĆeer heWMeve Ćeespevee kesĆ¢ efueS hee$e nQ pees efkeĆ¢ yeQkeĆ¢ ves mebĆegĆ²eĆ¢ veesÅ”/mecePeewles efoveebkeĆ¢ 27.04.2010 kesĆ¢ Devegmeej MegĀ¤ keĆ¢er nw. Ćen Ćeespevee efoveebkeĆ¢ 01.01.2004 mes kesĆ¢vƵerĆe mejkeĆ¢ej kesĆ¢ keĆ¢ce&ĆeeefjĆeeW kesĆ¢ efueS MegĀ¤ keĆ¢er ieF& leLee meceĆe-meceĆe hej ĆeLeemebMeesefOele veF& hesMeve Ćeespevee kesĆ¢ heĆeJeOeeveeW mes ner efveĆebef$ele nesleer nw. Dele: Jes yeQkeĆ¢ keĆ¢er YeefJe<Će efveefOe Ćeespevee leLee heWMeve Ćeespevee keĆ¢e meomĆe yeveves kesĆ¢ efueS hee$e veneR nQ. efoveebkeĆ¢ 01.04.2010 keĆ¢es DeLeJee FmekesĆ¢ heĀ§eeled yeQkeĆ¢ mesJeeDeeW ceW heĆJesMe keĆ¢jves Jeeues yeQkeĆ¢ kesĆ¢ keĆ¢ce&ĆeeefjĆeeW kesĆ¢ mebyebOe ceW kegĆ¢ue heefjueeqyOeĆeeW mes Jesleve leLee cenbieeF& YeĆ²es keĆ¢er 10% keĆ¢er oj mes
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182
New Pension Scheme at the rate of 10% of the pay and Dearness Allowance from the salary with a matching contribution by Bank is being made.
B-1.3.3 Prudential Regulatory treatment (reopening of Pension)
During the year 2010-11, the Bank had reopened the pension option for such of its employees who had not opted for the pension scheme earlier. As a result of exercise of which by 18,989 employees, the Bank had incurred a liability of `1829.90 Crores.
In terms of the requirements of AS 15 - Employee Benefits, the entire amount of `1829.90 Crores was required to be charged to the Profit and Loss Account. However, the RBI had issued a circular no. DBOD.BP.BC.80/21.04.018/2010-11 on Re-opening of Pension Option to Employees of Public Sector Banks and Enhancement in Gratuity Limits ā Prudential Regulatory Treatment, dated February 9, 2011. In accordance with the provisions of the said Circular, the Bank has charged an amount of `731.96.Crores (representing two-fifth of `1829.90 Crores) upto March 31, 2012. The unrecognised balance amount of `1097.94 Crores shall be accounted for and charged off over the balance period stipulated in the said circular. This amount does not include any employees relating to separated/ retired employees.
B- 1.4 PROVIDENT FUND The Bank is statutorily required to maintain a provident
fund as a part of its retirement benefits to its employees who joined Bankās service on or before 31.03.2010. This fund is administered by a Bank managed trust. Each employee contributes 10% of their basic salary and eligible allowances and the Bank contributes an equal amount to the fund. The investment of the fund is made according to investment pattern prescribed by the Government of India.
B- 1.5 LEAVE ENCASHMENT An employee is entitled to encash privilege leave standing
to his/her credit subject to a maximum of 240 days on the date of superannuation/Voluntary Retirement/death.
However, on resignation, an employee is entitled to get encashment to the tune of 50% of the privilege leave standing to the credit subject to a maximum of 120 days.
B- 1.6 ADDITIONAL RETIREMENT BENEFIT The scheme for additional retirement benefit provides that
an officer on his Retirement/ Voluntary retirement/ Death shall be eligible for additional retirement benefit, provided he had completed-25-years of service in Bank.
In the same manner, award staff member on Retirement/ Voluntary Retirement/ Death shall be eligible for additional retirement benefit, provided he had completed ā 30-years of service in Bank.
However, in case of dismissal, discharge, termination, compulsory retirement and resignation additional retirement benefit shall not be payable, irrespective of any number of years of service
veF& heWMeve Ćeespevee kesĆ¢ efueS keĆ¢Å”ewleer Deewj FmekesĆ¢ meceleguĆe ner yeQkeĆ¢ Ćeje DebMeoeve efkeĆ¢Ćee pee jne nw.
Ke-1.3.3 efJeJeskeĆ¢hetCe& efJeefveĆeecekeĆ¢ heƦefle (heWMeve keĆ¢e efJekeĆ¢uhe)
Je<e& 2010-11 kesĆ¢ oewjeve yeQkeĆ¢ ves Deheves Ssmes kegĆ¢Ć keĆ¢ce&ĆeeefjĆeeW kesĆ¢ efueS heWMeve keĆ¢e
efJekeĆ¢uhe hegve: efoĆee Lee, efpevneWves hetJe& ceW heWMeve Ćeespevee keĆ¢e efJekeĆ¢uhe ve efueĆee nes.
heefjCeecemJeĀ¤he Fme heĆefāŗeĆ¢Ćee kesĆ¢ ceeOĆece mes 18,989 keĆ¢ce&ĆeeefjĆeeW ves Ćen efJekeĆ¢uhe
Ćegvee, efpememes yeQkeĆ¢ kesĆ¢ efueS Ā®.1829.90 keĆ¢jesĆ[ keĆ¢er osĆeleeSb GlheVe ngF&.
SSme-15 keĆ¢ce&Ćeejer ueeYe mebyebOeer ceevekeĆ¢ keĆ¢er Dehes#eeDeeW kesĆ¢ Devegmeej, 1829.90
keĆ¢jesĆ[ keĆ¢er hetCe& jeefMe ueeYe-neefve Keeles keĆ¢es heĆYeeefjle keĆ¢er peeleer nw. leLeeefhe, YeejleerĆe
efj]peJe& yeQkeĆ¢ ves efo.9 HeĆ¢jJejer, 2011 keĆ¢es meeJe&peefvekeĆ¢ #es$e kesĆ¢ yeQkeĆ¢eW kesĆ¢ keĆ¢ce&ĆeeefjĆeeW keĆ¢es
heWMeve efJekeĆ¢uhe hegve: heĆoeve keĆ¢jves leLee ieĆspĆegÅ”er meerceeDeeW ceW Je=efƦ efJeJeskeĆ¢hetCe& efveĆeecekeĆ¢
heƦefle kesĆ¢ mebyebOe ceW heefjhe$e meb.[eryeerDees[er.yeerheeryeermeer.80/21.04.018/2010-11
peejer efkeĆ¢Ćee Lee. GĆ²eĆ¢ heefjhe$e kesĆ¢ heĆeJeOeeveeW kesĆ¢ DevegĀ¤he, 31 ceeĆe&, 2012 lekeĆ¢
yeQkeĆ¢ ves ` 731.96 keĆ¢jesĆ[ keĆ¢er jeefMe (`1829.90 keĆ¢jesĆ[ keĆ¢e 2/5) ueeYe-neefve
Keeles keĆ¢es heĆYeeefjle keĆ¢er nw. ` 1097.94 keĆ¢jesĆ[ keĆ¢er DeefveOee&efjle Mes<e jeefMe keĆ¢e
GĆ²eĆ¢ heefjhe$e ceW efJeefvee|oĀ°evegmeej Mes<e DeJeefOe ceW efnmeeye ceW efueĆee peeSiee leLee
heĆYeeefjle efkeĆ¢Ćee peeSiee. Fme jeefMe ceW efJecegĆ²eĆ¢ / mesJeeefveJe=Ć²e efkeĆ¢meer keĆ¢ce&Ćeejer keĆ¢er
jeefMe Meeefceue veneR nw.
Ke-1.4 YeefJe<Će efveefOe
yeQkeĆ¢ Dee@He]Ć¢ yeĆ[ewoe keĆ¢es DeHeves keĆ¢ce&ĆeeefjĆeeW, pees 31.03.2010 keĆ¢es DeLeJee Gmemes HetJe&
mesJee ceW DeeS nQ, kesĆ¢ mesJee efveJe=efĆ²e ueeYeeW kesĆ¢ SkeĆ¢ Yeeie kesĆ¢ Ā¤He ceW YeefJe<Će efveefOe keĆ¢er
osKejsKe meebefJeefOekeĆ¢ DeeJeMĆekeĆ¢lee nw. Fme efveefOe keĆ¢e HeĆyebOeve DeebleefjkeĆ¢ vĆeeefmeĆeeW Ćeje
efkeĆ¢Ćee peelee nw. HeĆlĆeskeĆ¢ keĆ¢ce&Ćeejer Ćeje GmekesĆ¢ cetue Jesleve SJeb hee$e YeĆ²eeW keĆ¢e 10%
DebMeoeve efkeĆ¢Ćee peelee nw Deewj yeQkeĆ¢ Dee@He]Ć¢ yeĆ[ewoe Gme jeefMe kesĆ¢ yejeyej jeefMe Fme efveefOe
ceW DebMeoeve keĆ¢jlee nw. Fme efveefOe keĆ¢e efveJesMe Yeejle mejkeĆ¢ej Ćeje efveOee&efjle efveJesMe HeƦefle kesĆ¢ Devegmeej efkeĆ¢Ćee peelee nw.
Ke-1.5 ĆgĆ³er keĆ¢e vekeĆ¢oerkeĆ¢jCe
keĆ¢esF& Yeer keĆ¢ce&Ćeejer DeHeveer DeefOeJeef<e&lee /mJewefĆĆkeĆ¢ mesJee efveJe=efĆ²e /ce=lĆeg keĆ¢er leejerKe Hej GmekesĆ¢ Keeles ceW pecee ngF& ĆgefĆ³ĆeeW ceW mes DeefOekeĆ¢lece 240 efoveeW lekeĆ¢ keĆ¢er Deefpe&le ĆgefĆ³ĆeeW keĆ¢e vekeĆ¢oerkeĆ¢jCe HeĆeHle keĆ¢jves keĆ¢e nkeĆ¢oej nw.
leLeeefHe, mesJee lĆeeie keĆ¢er efmLeefle ceW, keĆ¢ce&Ćeejer pecee Deefpe&le ĆgefĆ³ĆeeW ceW DeefOekeĆ¢lece 120 efoveeW lekeĆ¢ ĆgefĆ³ĆeeW keĆ¢er 50% jeefMe keĆ¢e vekeĆ¢oerkeĆ¢jCe HeĆeHle keĆ¢jves keĆ¢e nkeĆ¢oej nw .
Ke-1.6 DeefleefjkeƤle mesJeeefveJe=efĆ²e ueeYe DeefleefjkeƤle mesJee efveJe=efĆ²e ueeYe kesĆ¢ efueS Ćeespevee kesĆ¢ Debleie&le keĆ¢esF& DeefOekeĆ¢ejer
DeHeveer mesJeeefveJe=efĆ²e /mJewefĆĆkeĆ¢ mesJee efveJe=efĆ²e /ce=lĆeg Hej DeefleefjkeƤle mesJee efveJe=efĆ²e ueeYe Heeves keĆ¢e nkeĆ¢oej nesiee yeMelex efkeĆ¢ Gmeves yeQkeĆ¢ ceW 25 Je<eeX keĆ¢er mesJee Hetjer keĆ¢j ueer nes.
"erkeĆ¢ Fmeer lejn, DeJee[& mÅ”e@HeĆ¢ meomĆe mesJee efveJe=efĆ²e /mJewefĆĆkeĆ¢ mesJee efveJe=efĆ²e/ ce=lĆeg nesves Hej DeefleefjkeƤle mesJee efveJe=efĆ²e ueeYe Heeves kesĆ¢ efueS nkeĆ¢oej neWies yeMelex Gmeves yeQkeĆ¢ mesJee ceW 30 Je<eeX keĆ¢er mesJee Hetjer keĆ¢j ueer nes .
leLeeefHe, yeKee&mleieer, mesJee cegefkeƤle, mesJee meceeefHle, DeefveJeeĆe& mesJee efveJe=efĆ²e Deewj mesJee lĆeeie keĆ¢er efmLeefle ceW mesJee keĆ¢eue kesĆ¢ Je<eeX keĆ¢er mebKĆee hej OĆeeve ve jKeles ngS DeefleefjkeƤle mesJee efveJe=efĆ²e ueeYe keĆ¢e Yegieleeve veneR efkeĆ¢Ćee peeSiee.
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osĆeleeDeeW kesĆ¢ DeejbefYekeĆ¢ Deewj Debeflece Mes<e keĆ¢e meceeOeeve Reconciliation of opening and closing balance of liability
( ` keĆ¢jesĆ[ ceW / ` in Crores)
B- 1.7 Disclosures Principal Actuarial Assumptions [Expressed as
Weighted Averages] ( ` keĆ¢jesĆ[ ceW / ` in Crores)
Ćeespevee keĆ¢e mJeĀ¤he TYPE OF PLAN
HeWMevePENSION
DeJekeĆ¢eMe vekeĆ¢oerkeĆ¢jCe
LEAVE ENCASHMENT
ieĆsĆĆegÅ”er GRATUITY
Deefle. mesJee ueeYe
ARB
keĆ¢) 1/4/2010 keĆ¢es HeerJeerDees a) PVO as at 01.04.2011 6654.04 559.91 1327.35 441.52
Ke) peesĆ[sb: yĆeepe keĆ¢er ueeiele b) Add- Interest Cost 563.82 48.43 111.95 37.28
ie) peesĆ[sb: Ćeeuet mesJee ueeiele c ) Add- Current Service Cost 146.39 33.9 53.96 12.25
Ie) IeÅ”eĆeW: ueeYe Yegieleeve d) Less- Benefits Paid 334.44 48.16 128.45 30.47
*) peesĆ[sb: efheĆueer mesJee ueeiele (efveefnle ueeYe)
e) Add- Actuarial loss/gain(-) on obligation
3.74 -28.07 52.04 -13.96
Ie) 31.03.2012 keĆ¢es HeerJeerDees f) PVO as at 31.03.2012 7033.55 566.01 1416.85 446.62
Ćeespevee DeeefmleĆeeW kesĆ¢ GefĆele cetuĆe kesĆ¢ DeejbefYekeĆ¢ Mes<e SJeb Debeflece Mes<e keĆ¢e meceeOeeve
Reconciliation of opening & closing balance of fair value of plan assets
( ` keĆ¢jesĆ[ ceW / ` in Crores)
Ćeespevee keĆ¢e mJeĀ¤he TYPE OF PLAN
HeWMevePENSION
ieĆsĆĆegÅ”erGratuity
keĆ¢) 01-04-2011 keĆ¢es Ćeespeveeiele DeeefmleĆeeW keĆ¢e GefĆele cetuĆe
a) Fair Value of plan assets as on 01-04-2011
4388.57 906.86
Ke) peesĆ[sb: Ćeespeveeiele DeeeqmleĆeeW hej mebYeeefJele efjÅ”ve&
b) Add- Expected Return on Plan Assets
431.11 101.05
ie) peesĆ[sb: DebMeoeve c) Ad- Contributions 1167.53 420.5
Ie) peesĆ[sb: DevĆe vĆeeme SJeb meomĆeeW mes Debleefjle
d) Add- transfer from other trust and members
97.58 -
*) IeÅ”eĆesb: HeĆoĆ²e ueeYe e) Less- Benefits Paid 334.44 128.45
Će) peesĆ[sb: yeerceebefkeĆ¢keĆ¢ ueeYe / (-) neefve f) Add- Actuarial gain/(-)loss -10.06 8.88
Ć) 31.03.2012 keĆ¢es Ćeespeveeiele DeeefmleĆeeW keĆ¢e GefĆele cetuĆe
g) Fair Value of Plan Assets as on 31.03.2012
5740.29 1308.84
Ke-1.7 ĆekeĆ¢Å”erkeĆ¢jCecetue yeerceebefkeĆ¢keĆ¢ DeJeOeejCeeSb (JewÅ”spe Deewmele kesĆ¢ Ā¤He ceW DeefYeJĆekeƤle)
Ćeespevee keĆ¢e mJeĀ¤he TYPE OF PLAN
HeWMevePENSION
DeJekeĆ¢eMe vekeĆ¢oerkeĆ¢jCe
LEAVE ENCASHMENT
ieĆsĆĆegÅ”er GRATUITY
Deefle. mesJee ueeYe ARB
ef[mkeĆ¢eGbÅ” oj Discount rate 8.75% 8.50% 8.50% 8.50%
Jesleve Je=efƦ oj Salary Escalation Rate 4.00% 4.00% 4.00% 4.00%
Ćeme oj Attrition Rate 2.00% 2.00% 2.00% 2.00%
Ćeespeveeiele DeeefmleĆeeW Hej mebYeeefJele efjÅ”ve& jsÅ”
Expected Rate of Return on plan Assets
8.00% - 8.00% -
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legueve-He$e ceW ceevĆe jeefMe Amount recognized in the Balance Sheet
( ` keĆ¢jesĆ[ ceW / ` in Crores)
Ćeespevee keĆ¢e mJeĀ¤he TYPE OF PLAN
HeWMevePENSION
DeJekeĆ¢eMe vekeĆ¢oerkeĆ¢jCe LEAVE
ENCASHMENT
ieĆsĆĆegÅ”er GRATUITY
Deefle. mesJee ueeYe
ARB
keĆ¢) oeefĆelJe keĆ¢e HeerJeer a) PV of obligation 7033.55 566.01 1416.85 446.62
Ke) Ćeespeveeiele DeeefmleĆeeW keĆ¢e GefĆele cetuĆe b) Fair value of plan assets 5740.29 - 1308.84 -
ie) Devlej c) Difference 1293.26 566.01 108.01 446.62
Ie) DeefveOee&efjle mebāŗeĆ¢ceCeMeerue osĆelee d) Unrecognised transitional liability 1097.94 - - -
*) leguevehe$e ceW ceevĆe osĆelee e) Liability Recognised in the BS 195.32 566.01 108.01 446.62
ueeYe-neefve Keeles ceW efveOee&efjle jeefMe Amount recognized in the P & L Account
( ` keĆ¢jesĆ[ ceW / ` in Crores)
Expected contribution for next period (2012-13)
( ` keĆ¢jesĆ[ ceW / ` in Crores)
investment Pattern ( ` keĆ¢jesĆ[ ceW / ` in Crores)
efJeJejCe Particulars HeWMeve / Pension ieĆsĆĆegÅ”err / Gratuity
mebYeeefJele DebMeoeve Expected contribution 401.57 136.01
efJeJejCe Particulars Pension Gratuity
kesĆ¢vƵerĆe mejkeĆ¢ej ĆøeefleYetefleĆeeb Central Government Securities 23.91 % 20.33 %
jepĆe mejkeĆ¢ej ĆøeefleYetefleĆeeb State Government Securities 20.74 % 21.56 %
keĆ¢eheexjsÅ” (heerSmeĆet) Corporate (PSU) 34.69 % 29.41 %
keĆ¢eheexjsÅ” (heĆeFJesÅ”) Corporate (Private) 3.05 % 2.12 %
DevĆe Others 17.61 % 26.58 %
kegĆ¢ue Total 100.00 % 100.00 %
Ćeespevee keĆ¢e mJeĀ¤he TYPE OF PLAN
HeWMevePENSION
DeJekeĆ¢eMe vekeĆ¢oerkeĆ¢jCe LEAVE
ENCASHMENT
ieĆsĆĆegÅ”er GRATUITY
Deefle. mesJee ueeYe
ARB
keĆ¢) Ćeeuet mesJee ueeiele a) Current Service Cost 146.39 33.90 53.96 12.25
Ke) yĆeepe ueeiele b) Interest Cost 563.82 48.43 111.95 37.28
ie) Ćeespeveeiele Deeefmle Hej mebYeeefJele efjÅ”ve&
c) Expected Return on Plan Assets
-431.11 - -101.05 -
Ie) eqveOee&efjle efheĆueer mesJee ueeiele (-) d) Net Actuarial Loss/gain(-) 13.80 -28.07 43.17 -13.96
*) Je<e& kesĆ¢ oewjeve mebāŗeĆ¢ceCeerĆe osĆelee e) Transitional liability recognized in the year 378.98 39.20 37.60 45.40
Će) ueeYe neefve Keeles ceW efveOee&efjle KeĆe& Expenses Recognised in P&L 671.88 93.46 145.63 80.97
Deieueer DeJeefOe (2012-13) kesĆ¢ efueS mebYeeefJele DebMeoeve
efveJesMe HewŔve&
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Ke-2. mesieceWÅ” efjHeesefÅ”Ćie (S.Sme.-17) : Yeeie - keĆ¢ : keĆ¢ejesyeej Keb[
B.2. Segment Reporting (AS-17) Part A ā Business Segments
( ` keĆ¢jesĆ[ ceW / ` in Crores)
Business Segment
Å”^spejer Treasury
keĆ¢eheexjsÅ”/nesuemesue yeQeEkeĆ¢ieCorporate / Wholesale
Banking
efjÅ”sue yeQeEkeĆ¢ieRetail Banking
DevĆe yeQefkebĆ¢ie heefjĆeeueveOther Banking
Operations
kegĆ¢ueTotal
ParticularsĆeeuet Je<e&
Current YrefheĆuee Je<e&
Prev YearĆeeuet Je<e&
Current YrefheĆuee Je<e&
Prev YearĆeeuet Je<e&
Current YrefheĆuee Je<e&
Prev YearĆeeuet Je<e&
Current YrefheĆuee Je<e&
Prev YearĆeeuet Je<e&
Current YrefheĆuee Je<e&
Prev Year
jepemJe Revenue 7325.07 5597.84 13132.6 9840.82 8488.31 5983.4 4150.07 3273.04 33096.05 24695.1
heefjCeece Result 887.72 882.51 965.87 1702.31 2782.37 1341.07 2959.73 2750.61 7595.69 6676.5
DeveeyebefÅ”le KeĆe&
Unallocated Expense
1569.89 1026.18
heefjĆeeueveiele ueeYe
Operating Profit
6025.80 5650.32
DeeĆekeĆ¢j Income taxes 1018.84 1408.64
efJeefMe<Å” ueeYe/neefve
Extra-ordinary Profit/loss
- -
MegƦ ueeYe Net Profit 5006.96 4241.68
DevĆe metĆevee
Other Information
- -
mesieceWÅ” DeeefmleĆeeb
Segment Assets
103694.34 85948.22 140207.90 116375.42 63161.52 53954.06 135618.27 99218.99 442682.03 355496.69
DeveeyebefÅ”le DeeefmleĆeeb
Unallocated Assets
4639.44 2900.49
kegĆ¢ue DeeefmleĆeeb Total Assets 447321.47 358397.18
mesieceWÅ” osĆeleeSb
Segment Liabilities
97324.89 80901.71 131595.59 109542.36 59281.81 50786.11 127287.87 93393.28 415490.16 334623.46
DeveeyebefÅ”le osĆeleeSb
Unallocated Liabilities
4354.46 2730.18
]kegĆ¢ue osĆeleeSb Total Liabilities 419844.62 337353.64
efveĆeesefpele Hetbpeer Capital employed
6369.46 5046.51 8612.31 6833.07 3879.71 3167.95 8330.39 5825.71 27191.87 20873.24
DeveeyebefŔle Unallocated 284.98 170.3
kegĆ¢ue Hetbpeer Total Capital 27476.85 21043.54
Yeeie - Ke : YeewieesefuekeĆ¢ Keb[ : Part B ā Geographic Segments( ` keĆ¢jesĆ[ ceW / ` in Crores)
mesieceWÅ” āefJeJejCe ā
Segments āParticulars ā
IejsuetDomestic
Debleje&Ā°^erĆeInternational
kegĆ¢ueTotal
Ćeeuet Je<e&Current Yr
efheĆuee Je<e&Prev. Yr
Ćeeuet Je<e&Current Yr
efheĆuee Je<e&Prev. Yr
Ćeeuet Je<e&Current Yr
efheĆuee Je<e&Prev. Yr
jepemJe Revenue 29,063.31 21,743.87 4,032.74 2,951.23 33,096.05 24,695.10
DeeefmleĆeeb Assets 3,19,459.76 2,67,629.48 1,27,861.71 90,767.70 4,47,321.47 3,58,397.18
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Notes on Segment Reporting
1. As per guidelines of RBI on compliance with Accounting Standards AS-17, The Bank has adopted āTreasury Operationsā, Wholesale, Retail and āOther Banking Operationsā as Primary business segments and āDomesticā and āInternationalā as secondary / geographic segments for the purpose of compliance with AS-17 on segment Reporting issued by ICAI.
2. Segment revenue represents revenue from external customers.
3. In determining the segment results, the funds transfer price mechanism followed by the bank has been used.
4. Capital employed for each segment has been allocated proportionate to the assets of the segment.
5. Results, Revenue and Capital Employed of International operations is included in other banking operations.
B-3. Related Party Disclosures (AS ā 18)
Names of the Related Parties and their relationship with the Bank:
(a) Subsidiaries
(i) BOB Capital Markets Limited
(ii) BOB Cards Limited
(iii) The Nainital Bank Limited
(iv) Bank of Baroda (Botswana) Limited
(v) Bank of Baroda (Kenya) Limited
(vi) Bank of Baroda (Uganda) Limited
(vii) Bank of Baroda (Guyana) Inc.
(viii) Bank of Baroda (UK) Limited
(ix) Bank of Baroda (Tanzania) Limited
(x) Baroda Capital Markets (Uganda) Limited. (Subsidiary of Bank of Baroda Uganda Ltd.)
(xi) BOB Trinidad & Tobago Ltd.
(xii) Bank of Baroda (Ghana) Ltd.
(xiii) Bank of Baroda (New Zealand) Ltd.
(b) Associates
(i) Baroda Uttar Pradesh Gramin Bank
(ii) Nainital-Almora Kshetriya Gramin Bank
(iii) Baroda Rajasthan Gramin Bank
(iv) Baroda Gujarat Gramin Bank
(v) Jhabua-Dhar Kshetriya Gramin Bank
(vi) Baroda Pioneer Asset Management Co. Ltd.
(vii) Indo Zambia Bank Limited
(c) Joint Ventures
(i) India First Life Insurance Company Ltd.
(ii) India International Bank (Malaysia) Bhd.
mesieceWÅ” efjHeesefÅ”Ćie Hej efÅ”HHeCeer
1. DeeF&meerSDeeF& Ćeje mesieceWÅ” efjHeexeEÅ”ie Hej peejer uesKee ceevekeĆ¢ S.Sme.-17 keĆ¢er DevegHeeuevee nsleg YeejleerĆe efjpeJe& yeQkeĆ¢ kesĆ¢ ceeie&efveoxMeeW kesĆ¢ Devegmeej yeQkeĆ¢ ves YeejleerĆe efjpeJe& yeQkeĆ¢ Ćeje peejer mesieceWÅ” efjHeesefÅ”Ćie Hej S.Sme.-17 kesĆ¢ meeLe DevegHeeuevee kesĆ¢ GƶsMĆe kesĆ¢ efueS Å”^spejer heefjĆeeueve, LeeskeĆ¢, Kegoje Deewj DevĆe yeQefkebĆ¢ie HeefjĆeeueveeW keĆ¢es HeĆeLeefcekeĆ¢ efyepevesme mesieceWÅ” kesĆ¢ Ā¤He ceW leLee Iejsuet Deewj Debleje&<Å”^erĆe keĆ¢es efĆleerĆe/YeewieesefuekeĆ¢ mesieceWÅ” kesĆ¢ Ā¤He ceW DeheveeĆee nw.
2. mesieceWÅ” jepemJe yeeĀ¢e ieĆenkeĆ¢eW mes HeĆeHle jepemJe keĆ¢e HeĆefleefveefOelJe keĆ¢jlee nw.
3. mesieceWÅ” HeefjCeece leĆe keĆ¢jles meceĆe, yeQkeĆ¢ ves efveefOe DeblejCe cetuĆe efveOee&jCe HeĆCeeueer keĆ¢es DeHeveeĆee nw.
4. HeĆlĆeskeĆ¢ mesieceWÅ” kesĆ¢ efueS ueieeĆeer ieĆeer Hebtpeer mesieceWÅ” keĆ¢er DeeefmleĆeeW keĆ¢es DevegHeeeflekeĆ¢ DeeOeej Hej DeeyebefÅ”le keĆ¢j oer ieĆeer nw.
5. DevĆe yeQefkebĆ¢ie heefjĆeeueveeW ceW heefjCeece jepemJe leLee ueieeĆeer ieĆeer hetbpeer ceW Debleje&Ā°^erĆe heefjĆeeueveeW mes mebyebefOele DeebkeĆ¢[s Yeer Meeefceue nQ.
Ke-3. mebyebefOele heeÅ”ea ĆekeĆ¢Å”erkeĆ¢jCe (SSme-18)
mebyebefOele heeefÅ”&ĆeeW kesĆ¢ veece SJeb yeQkeĆ¢ kesĆ¢ meeLe GvekesĆ¢ mebyebOe
keĆ¢) Deveg<ebefieĆeeb
i) yee@ye kewĆ¢efheÅ”ue ceekexĆ¢Å” efueefceÅ”s[
ii) yee@ye keĆ¢e[&dme efueefceÅ”s[
iii) vewveerleeue yeQkeĆ¢ efueefceÅ”s[
iv) yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (yeeslmeJeevee) efueefceÅ”s[
v) yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (kesĆ¢efveĆee) efueefceÅ”s[
vi) yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (Ćetieeb[e) efueefceÅ”s[
vii) yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (iegĆeevee) DeeF&Svemeer.
viii) yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (ĆetkesĆ¢) efueefceÅ”s[
ix) yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (lebpeeefveĆee) efueefceÅ”s[
x) yeĆ[ewoe kesĆ¢efheÅ”ue ceekexĆ¢Å”dme (Ćetieeb[e) efueefceÅ”s[ (yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe Ćetieeb[e efueefceÅ”s[ keĆ¢er Deveg<ebieer)
xi) yee@ye ef$eefveoeo Je Ŕesyeeiees efue.
xii) yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (Ieevee) efue.
xiii) yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (vĆetpeerueQ[) efue.
(Ke) menĆeesieer FkeĆ¢eFĆeeb
i) yeĆ[ewoe GĆ²ej ĆeosMe Ā«eeceerCe yeQkeĆ¢
ii) vewveerleeue ā DeuceesĆ[e #es$eerĆe Ā«eeceerCe yeQkeĆ¢
iii) yeĆ[ewoe jepemLeeve Ā«eeceerCe yeQkeĆ¢
iv) yeĆ[ewoe iegpejele Ā«eeceerCe yeQkeĆ¢
v) PeeyegDee-Oeej #es$eerĆe Ā«eeceerCe yeQkeĆ¢
vi) yeĆ[ewoe HeeĆeesefveĆej SmesÅ” cesvespeceWÅ” kebĆ¢. efue.
vii) Fb[es peebefyeĆee yeQkeĆ¢ efueefceÅ”s[
(ie) mebĆegĆ²eĆ¢ GheāŗeĆ¢ce
i) Fbef[Ćee HeĆ¢mÅ”& ueeFHeĆ¢ FbMĆetjWme kebĆ¢. efue.
ii) Fbef[Ćee FbÅ”jvesMeveue yeQkeĆ¢ (ceuesefMeĆee) yeerSĆe[er
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(D) Key Management Personnel:
S.No veece Name
heoveece Designation
heeefjĆeefcekeĆ¢ Remuneration
Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
1 Ćeer. Sce. [er ceuĆeeShri M.D.Mallya
DeOĆe#e SJeb ĆeyebOe efveosMekeĆ¢Chairman & Managing Director
25,37,459 21,87,200
3 Ćeer jepeerJe kegĆ¢ceej ye#eerShri Rajiv Kumar Bakshi
keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢Executive Director
21,97,317 18,37,145
4 Ćeer Sve. Sme. ĆeerveeLeShri N.S.Srinath
keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢Executive Director
21,22,495 13,57,347
The transactions with the Subsidiaries and Associate Banks have not been disclosed in view of para 9 of the (AS) ā 18 Related Parties Disclosure, which exempts state controlled enterprises from making any disclosure pertaining to their transactions with other related parties which are also state controlled.
B-4. Earning Per Share (AS-20)
efJeJejCe Particulars Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
keĆ¢j kesĆ¢ yeeo MegƦ ueeYe (Ā®. keĆ¢jesĆ[ ceW) Net profit after tax (` In Crores) 5006.96 4241.68
MesĆejeW keĆ¢er mebKĆee (JesÅ”s[) Number of Shares (weighted) 39,16,53,059 36,44,90,716
Ćeefle MesĆej yegefveĆeeoer Je [eĆeuĆetÅ”s[ Depe&ve Basic & diluted earning per share 127.84 116.37
Ćeefle MesĆej DebefkeĆ¢le keĆ¢ercele Nominal value per share `10.00 `10.00
B-5. Accounting for Taxes on Income (AS-22)
The Bank has complied with the requirements of AS 22 on Accounting for Taxes on Income issued by ICAI and accordingly deferred tax assets and liabilities are recognized. The net balance of deferred tax liabilities as on 31st March 2012 amounting to 255.97 Crores consists of the following:
( ` keĆ¢jesĆ[ ceW / ` in Crores)
31.03.2012 31.03.2011
DeeefmleĆeebAsset
osĆeleeLiability
DeeefmleAsset
osĆeleeLiability
DeĆeue DeeefmleĆeeW hej DeeĆekeĆ¢j DeefOeefveĆece kesĆ¢ lenleyener cetuĆeĆeme leLee cetuĆeĆeme ceW Deblej
Difference between book depreciation and Depreciation under Income Tax Act on fixed assets
- 89.93 - 52.29
DeeĆekeĆ¢j DeefOeefveĆece, 1961 keĆ¢er Oeeje 36(1)(viii) kesĆ¢ Devleie&le keĆ¢Å”ewleer
Deduction under section 36 (1) (viii) of the Income-Tax Act, 1961
- - - -
heefjhekeƤJelee kesĆ¢ efueS Oeeefjle (SĆeÅ”erSce) ĆeefleYetefleĆeeW hej cetuĆeĆeme
Depreciation on HTM Securities - 426.45 - 216.56
DeeĆekeĆ¢j DeefOeefveĆece keĆ¢er Oeeje 40 (S) (DeeF&S) kesĆ¢ Devleie&le iewj Devegcele jeefMe
Amount disallowed U/S 40 (a) (ia) of the IT Act
9.84 - 9.70 -
DeJekeĆ¢eMe vekeĆ¢oerkeĆ¢jCe kesĆ¢ efueS ĆeeJeOeeve Provision for leave encashment 174.43 - 158.86 -
mebefoiOe $e+CeeW leLee DeeqĀ«eceeW (efJeosMeer) kesĆ¢ efueS ĆøeeJeOeeve
Provision for doubtful debts and advances (foreign)
76.14 - - -
peesĆ[ Total: 260.41 516.38 168.56 268.85
MegƦ DeemLeefiele keĆ¢j osĆeleeSb Net Deferred Tax Liabilitiy 255.97 - 100.29
* Amount includes arrears on account of VI pay commission and incentives.
Ke-4. Ćeefle MesĆej Depe&ve (SSme-20)
(Ie) ĆecegKe ĆeyebOeve DeefOekeĆ¢ejer
Ke-5. DeeĆe keĆ¢j keĆ¢er ieCevee (SSme-22)
DeeF&meerSDeeF& Ćeje peejer DeeĆe Hej keĆ¢j keĆ¢er ieCevee nsleg SSme-22 keĆ¢er peĀ¤jleeW keĆ¢e yeQkeĆ¢ ves Heeueve efkeĆ¢Ćee nw leLee leodvegmeej DeemLeefiele keĆ¢j DeeefmleĆeeb leLee osĆeleeSb efveOee&efjle keĆ¢er ieF& nQ. 31 ceeĆe&, 2012 keĆ¢es DeemLeefiele keĆ¢j osĆeleeDeeW keĆ¢e vesÅ” yewueWme `255.97 keĆ¢jeĆs[ nw, pees Fme ĆøekeĆ¢ej nw :-
* FmeceW Ć"s Jesleve-DeeĆeesie keĆ¢er yekeĆ¢eĆee jeefMe leLee Ćeeslmeenve jeefMe Meeefceue nw.
mebyebefOele heeÅ”ea ef[mkeƤueespej kesĆ¢ S Sme-18 kesĆ¢ hewje 9 kesĆ¢ ceƶsvepej Deveg<ebefieĆeeW Deewj
menĆeesieer yeQkeĆ¢eW kesĆ¢ meeLe mebJĆeJenej keĆ¢e ĆekeĆ¢Å”erkeĆ¢jCe veneR efkeĆ¢Ćee ieĆee nw, pees jepĆe
efveĆeefv$ele GheāŗeĆ¢ceeW keĆ¢es DevĆe mebyebefOele heeefÅ”&ĆeeW kesĆ¢ meeLe Deheves uesve-osveeW mes mebyebefOele
efkeĆ¢meer ĆekeĆ¢ej keĆ¢e ĆekeĆ¢Å”erkeĆ¢jCe keĆ¢jves mes jeskeĆ¢lee nw, pees Yeer jepĆe efveĆebef$ele nw.
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B-6. Discontinuing operations (AS 24)
During the financial year 2011-12 the bank has not discontinued the operations of any of its branches, which resulted in shedding of liability and realization of the assets and no decision has been finalized to discontinue an operation in its entirety, which will have the above effect.
B-7. Impairment of Assets (AS-28)
In view of the absence of indication of material impairment within the meaning of clause 5 to clause 13 of AS 28 Impairment of Assets, no impairment of fixed assets is required in respect of current financial year.
B-8. Provisions, Contingent Liabilities and Contingent Assets (AS-29)
B-8.1 Movement of provisions for Liabilities (excluding provisions for others)
( ` keĆ¢jesĆ[ ceW / ` in Crores)
efJeJejCecegkeĆ¢oceW / DeekeĆ¢efmcekeĆ¢ KeĆex
ParticularsLegal Cases / contingencies
Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
1 DeĆewue 2011 keĆ¢es Mes<e Balance as on 1st April 2011 8.70 4.75
Je<e& kesĆ¢ oewjeve ĆeoĆ²e Provided during the year 1.31 3.95
31 ceeĆe& 2012 keĆ¢es Mes<e Balance as on 31st March 2012 10.01 8.70
DeeGÅ”HeƤuees/DeefveefMĆeleleeDeeW keĆ¢e meceĆe Timing of outflow / uncertainties mesÅ”ueceWÅ” / efāŗeĆ¢mÅ”ueeFpesMeve hej DeeGÅ”HeƤueesOutflow on settlement/crystallization
The Bank has provided for claims against the bank which have not been acknowledge as debt as per the policy framed by it.
B-8.2 Contingent Liabilities
Such liabilities as mentioned at Serial No (I) to (VI) of Schedule 12 of Balance Sheet are dependent upon, the outcome of court, arbitration, out of court settlement, disposal of appeals, the amount being called up, terms of contractual obligations, development and raising of demand by concerned parties respectively. No reimbursement is expected in such cases.
C. Other Notes to Accounts
C-1. Balancing of Books and Reconciliation
Initial matching of debit and credit outstanding entries in various heads of accounts included in Inter office Adjustments has been completed upto 31.03.2012, the reconciliation of which is in progress.
C-2. Capital
During the year, the Bank has allotted 1,95,77,304 equity shares of ` 10/- each at a premium of ` 830.10 per share to Life Insurance Corporation of India as determined by the Board in accordance with regulation 76 (1) of SEBI Issue of Capital and Disclosures Requirements Regulation on preferential basis. The total amount of capital received by the Bank on this account is `1644.69 Crores.
Ke-6. HeefjĆeeueve yebo keĆ¢jvee (SSme 24)
efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve yeQkeĆ¢ ves Deheveer efkeĆ¢meer Yeer MeeKee keĆ¢es yebo keĆ¢jves mebyebOeer keĆ¢eĆe&Jeener veneR keĆ¢er nw, efpememes efkeĆ¢ osĆeleeDeeW keĆ¢es keĆ¢ce keĆ¢jkesĆ¢ DeeeqmleĆeeW keĆ¢er Jemetueer keĆ¢er pee mekesĆ¢ Deewj mebhetCe& yeQkeĆ¢ mlej hej Deheves heefjĆeeueve ceW efkeĆ¢meer keĆ¢eĆe&Jeener keĆ¢er meceeeqhle, efpememes GhejesĆ²eĆ¢ heĆYeeJe heĆ[s, mebyebOeer efveCe&Će veneR efueĆee ieĆee nw.
Ke-7. DeeefmleĆeeW keĆ¢e Devepe&keĆ¢ yevevee (SSme-28)
uesKee ceevekeĆ¢-28 āāDeeefmleĆeeW keĆ¢e FbhesĆejceWÅ”āā kesĆ¢ Keb[ 5 mes Keb[ 13 ā kesĆ¢ Debleie&le keĆ¢esF& cenlJehetCe& GuuesKe ve nesves kesĆ¢ heĆ¢uemJeĀ¤he Ćeeuet efJeĆ²eerĆe Je<e& ceW DeĆeue mebheefĆ²e keĆ¢e keĆ¢esF& Yeer FbhesĆejceWÅ” peĀ¤jer veneR nw.
Ke-8. ĆeeJeOeeve, DeekeĆ¢efmcekeĆ¢ osĆeleeSb leLee DeekeĆ¢efmcekeĆ¢ DeeefmleĆeeb (SSme-29)
Ke-8.1 osĆeleeDeeW kesĆ¢ efueS ĆeeJeOeeveeW keĆ¢e mebĆeueve (DevĆe kesĆ¢ efueS ĆeeJeOeeveeW keĆ¢es ĆesĆ[keĆ¢j)
yeQkeĆ¢ ves SkeĆ¢ veerefle efveOee&efjle keĆ¢er nw efpemekesĆ¢ Devegmeej yeQkeĆ¢ kesĆ¢ efJeĀ®Ć¦ oeJeeW keĆ¢es $e+Ce kesĆ¢ Ā¤he ceW mJeerkeĆ¢ej veneR efkeĆ¢Ćee peelee nw.
Ke-8.2 DeekeĆ¢efmcekeĆ¢ osĆeleeSb
leguevehe$e kesĆ¢ Mes[Ćetue 12 kesĆ¢ āŗeĆ¢.meb.(i) mes (iv) ceW Gƶ=le Ssmeer osĆeleeSb Deoeuele kesĆ¢ efveCe&Će, hebĆe HewĆ¢meues, Deoeuele kesĆ¢ yeeĀ¢e efvemleejCe, Deheerue keĆ¢e efveheÅ”eje, ceebieer ieF& jeefMe, DevegyebOeve oeefĆelJeeW kesĆ¢ mebyebOe ceW, āŗeĆ¢ceMe: mebyebefOele heee|Å”ĆeeW Ćeje keĆ¢er ieF& ceebieeW hej efveYe&j keĆ¢jleer nQ. Ssmes ceeceueeW ceW keĆ¢esF& heĆeflehete|le Dehesef#ele veneR nw.
ie. uesKeeW Hej DevĆe efÅ”HHeefCeĆeeb
ie-1. yeefnĆeeW keĆ¢e efceueeve SJeb meceeOeeve
Deblej keĆ¢eĆee&ueĆe meceeĆeespeve kesĆ¢ Debleie&le uesKeeW kesĆ¢ efJeefYeVe Meer<eeX ceW veeces SJeb pecee keĆ¢er yekeĆ¢eĆee heĆefJeeqĀ°ĆeeW kesĆ¢ heĆejbefYekeĆ¢ efceueeve keĆ¢e keĆ¢eĆe& meceeOeeve kesĆ¢ heĆĆeespeve nsleg 31.03.2012 lekeĆ¢ keĆ¢j efueĆee ieĆee nw. FmeceW GefĆele meceeOeeve keĆ¢e keĆ¢eĆe& heĆieefle hej nw.
ie-2. Hetbpeer
Je<e& kesĆ¢ oewjeve, yeQkeĆ¢ ves efveosMekeĆ¢ ceb[ue kesĆ¢ Devegceesove mes mesyeer DeeF&meer[erDeej efJeefveĆeceve kesĆ¢ efJeefveĆece 76(1) kesĆ¢ Devegmeej YeejleerĆe peerJeve yeercee efveiece keĆ¢es efheĆHeĆ¢jWefMeĆeue DeeOeej hej Ā®.10/- heĆlĆeskeĆ¢ kesĆ¢ 1,95,77,304 FeqkeƤJeÅ”er MesĆejeW keĆ¢es Ā®.830.10 heĆefle MesĆej kesĆ¢ heĆerefceĆece hej DeeyebefÅ”le efkeĆ¢S nQ. FmekesĆ¢ HeĆ¢uemJeĀ¤he, yeQkeĆ¢ keĆ¢es Ā®.1644.69 keĆ¢jesĆ[ keĆ¢er kegĆ¢ue jeefMe hetbpeer kesĆ¢ Ā¤he ceW heĆehle ngF&.
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C-3. Capital Reserves
Capital Reserve includes appreciation arising on revaluation of immovable properties and amount subscribed by Government of India under the World Bankās Scheme for Export Development Projects for small / medium scale industries.
C-4. Investments
C-4.1 In terms of RBI Guidelines, during the year, the bank has transferred a portion of Government Securities (SLR) kept in āAvailable for Saleā category to āHeld to Maturityā category. The resultant depreciation of 49.01 Crores (previous year `75.80 Crores) has been charged to the Profit & Loss Account.
C-4.2 Profit on sale of investments held under āHeld to maturityā category amounting to 44.20 Crores has been taken to the Profit and Loss Account and thereafter an amount of .22.40 Crores has been appropriated to the Capital Reserve, net of taxes and amount transferred to Statutory Reserve under section 17 of the Banking Regulation Act, 1949.
C-5 Provision for Taxes
C-5.1 Provision for Taxes has been arrived at after due consideration of decisions of the appellate authorities and advice of counsels.
C-5.2 Tax paid in advance /tax deducted at source appearing under āOther Assetsā amounting to `1993.11 Crores (previous year `1316.28 Crores) represents amounts adjusted by the department / paid by the Bank in respect of disputed tax demands for various assessment years. No provision is considered necessary in respect of the said demands, as in the bankās view, duly supported by counsels opinion and / or judicial pronouncements, additions / disallowances made by the Assessing Officer are not sustainable.
C-5.3 The Bank has claimed deduction under section 36(1) (viii) of the Income-tax Act,1961 in respect of the eligible business as specified in the said section and has accordingly transferred a sum of ` 533.85 Crores to the corresponding Special Reserve account and reported under Other Reserve.
C-6. Premises
C-6.1 Execution of conveyance deeds is pending in respect of certain properties at 78.37 Crores (Previous Year .88.63 Crores) ā (Original Cost).
C-6.2 Certain properties of the Bank are stated at revalued amounts. The gross amount of the revaluation included in premises as at the year 1777.43 Crores (including 30.55 Crores at overseas offices) and net of depreciation the revaluation amounts to `1173.68 Crores (Previous Year `1242.49 Crores).
C-6.3 Premises include assets under construction/acquisition amounting to ` 51.87 Crores (Previous Year ` 43.77 Crores).
C-7. BOB Fiscal Services Limited (BOBFSL), erstwhile wholly owned subsidiary of Bank of Baroda, had passed a special resolution for voluntary winding up of the company on 24.09.1990 and the liquidator was appointed for the same.
BOBFSL entered into an agreement with Bank of Baroda pursuant to which entire assets and liabilities of BOBFSL
ie-3. Hetbpeeriele HeĆejef#ele efveefOe
hetbpeeriele Ćeejef#ele efveefOe ceW DeĆeue mebheefĆ²eĆeeW kesĆ¢ hegvece&tuĆeebkeĆ¢ve kesĆ¢ heĆ¢uemJeĀ¤he nesves Jeeueer cetuĆeJe=efƦ leLee ueIeg / ceOĆece GĆ eesieeW kesĆ¢ efueS efveĆee&le efJekeĆ¢eme heefjĆeespeveeDeeW nsleg efJeĆe yeQkeĆ¢ keĆ¢er ĆeespeveeDeeW kesĆ¢ Debleie&le Yeejle mejkeĆ¢ej keĆ¢er DebMeoeve jeefMe Meeefceue nw.
ie-4. efveJesMe
ie-4.1 YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee-efveoxMeeW kesĆ¢ Devegmeej Je<e& kesĆ¢ oewjeve yeQkeĆ¢ ves āāefyeāŗeĆ¢er kesĆ¢ efueS GheueyOeāā ĆesCeer ceW efJeĆ eceeve mejkeĆ¢ejer heĆefleYetefleĆeeW (SmeSueDeej) kesĆ¢ SkeĆ¢ Yeeie keĆ¢es āāheefjhekeƤJelee lekeĆ¢ Oeeefjleāā ĆesCeer ceW Debleefjle keĆ¢j efoĆee nw. 49.01 keĆ¢jesĆ[ Ā®heS (iele Je<e& 75.80 keĆ¢jesĆ[ Ā®heS) kesĆ¢ heefjCeeceer cetuĆeĆeme keĆ¢es ueeYe SJeb neefve uesKes ceW heĆYeeefjle keĆ¢j efoĆee ieĆee nw.
ie-4.2 āāheefjhekeƤJelee lekeĆ¢ Oeeefjleāā ĆesCeer kesĆ¢ lenle jKes ieĆes efveJesMe keĆ¢er efyeāŗeĆ¢er hej ueeYe jeefMe `44.20 keĆ¢jesĆ[ keĆ¢es ueeYe SJeb neefve Keeles ceW efueĆee ieĆee nw Deewj GmekesĆ¢ yeeo ` 22.40 keĆ¢jesĆ[ keĆ¢es hetbpeeriele heĆejef#ele efveefOe ceW keĆ¢jeW keĆ¢es MegƦ ceW meceeĆeesefpele efkeĆ¢Ćee ieĆee nw leLee yeQeEkeĆ¢ie efJeefveĆeceve DeefOeefveĆece 1949 keĆ¢er Oeeje 17 kesĆ¢ Debleie&le meebefJeefOekeĆ¢ heĆejef#ele efveefOe keĆ¢es Debleefjle efkeĆ¢Ćee ieĆee nw.
ie-5. keĆ¢jeW kesĆ¢ efueS HeĆeJeOeeve
ie-5.1 keĆ¢jeW nsleg HeĆeJeOeeve, DeHeerueerĆe HeĆeefOekeĆ¢eefjĆeeW kesĆ¢ efveCe&ĆeeW keĆ¢es OĆeeve ceW jKeles ngS Je DeefOeJekeƤlee kesĆ¢ HejeceMe& mes efkeĆ¢Ćee ieĆee nw.
ie-5.2. āāDevĆe DeeeqmleĆeebāā Meer<e&keĆ¢ kesĆ¢ Debleie&le oMee&Ćeer DeefieĆce keĆ¢j DeoeĆeieer Åeesle hej keĆ¢j keĆ¢er keĆ¢Å”ewleer jeefMe ceW efJeJeeoemheo keĆ¢j ceebieeW kesĆ¢ mebyebOe ceW yeQkeĆ¢ Ćeje Yegieleeve keĆ¢er ieF& / efJeYeeie Ćeje meceeĆeesefpele jeefMe `1993.11 keĆ¢jesĆ[ (efheĆues Je<e& `1316.28 keĆ¢jesĆ[) Meeefceue nw. DeeĆekeĆ¢j keĆ¢er efJeJeeoemheo ceebieeW kesĆ¢ efueS vĆeeefĆekeĆ¢ efveCe&ĆeeW Deewj / Ćee keĆ¢evetveer hejeceMe& DeefOekeĆ¢ejer keĆ¢er jeĆe keĆ¢es OĆeeve ceW jKeles ngS Fme ceo kesĆ¢ efueS keĆ¢esF& heĆeJeOeeve veneR efkeĆ¢Ćee ieĆee nw. keĆ¢j efveOee&jCe DeefOekeĆ¢ejer Ćeje efkeĆ¢Ćes ieĆes heefjJele&ve / ceveener yeveeĆes jKeves ueeĆekeĆ¢ veneR nw.
ie-5.3 yeQkeĆ¢ ves DeeĆekeĆ¢j DeefOeefveĆece 1961 keĆ¢er Oeeje 36(1)(yeQkeĆ¢ ves DeeĆekeĆ¢j DeefOeefveĆece 1961 keĆ¢er Oeeje 36(1)(viii) kesĆ¢ Debleie&le hee$e JĆeJemeeĆe kesĆ¢ mebyebOe ceW, pees GĆ²eĆ¢ Oeeje ces efJeefvee|oĀ° nw, keĆ¢Å”ewleer nsleg oeJee efkeĆ¢Ćee nw. leovegmeej ` 533.85 keĆ¢jesĆ[ efJeMes<e heĆejef#ele efveefOe Keeles ceW Devleefjle keĆ¢j efoS nw. leLee Fmes DevĆe heĆejef#ele efveefOe kesĆ¢ Debleie&le efjheesÅ”& efoĆee peelee nw.
ie-6. Heefjmej
ie-6.1 yeQkeĆ¢ keĆ¢er kegĆ¢ue ` 78.37 keĆ¢jesĆ[ (cetue ueeiele) ā (efheĆues Je<e& ` 88.63 keĆ¢jesĆ[ ) keĆ¢er kegĆ¢Ć mebheefĆ²eĆeeW kesĆ¢ mebyebOe ceW nmleeblejCe efJeuesKe keĆ¢e efve<heeove nesvee yeekeĆ¢er nw.
ie-6.2 yeQkeĆ¢ keĆ¢er kegĆ¢Ć mebheefĆ²eĆeeW keĆ¢er hegvecet&uĆeebefkeĆ¢le jeefMe keĆ¢e GuuesKe efkeĆ¢Ćee ieĆee nw. Je<e& kesĆ¢ Deble ceW heefjmej Meer<e& kesĆ¢ Debleie&le kegĆ¢ue ` 1777.43 keĆ¢jesĆ[ (efJeosMeer keĆ¢eĆee&ueĆeeW keĆ¢er ` 30.55 keĆ¢jesĆ[ keĆ¢er jeefMe meefnle) hegvecet&uĆeebefkeĆ¢le jeefMe keĆ¢es Meeefceue efkeĆ¢Ćee ieĆee nQ. MegƦ cetuĆeĆeme kesĆ¢ mebyebOe ceW hegvecet&uĆeebefkeĆ¢le jeefMe ` 1173.68 keĆ¢jesĆ[ (efheĆues Je<e& `1242.49 keĆ¢jesĆ[) nQ.
ie-6.3 heefjmej kesĆ¢ Debleie&le efvecee&CeeOeerve / keĆ¢ypes ceW ueer peevesJeeueer ` 51.87 keĆ¢jesĆ[ (efheĆues Je<e& ` 43.77 keĆ¢jesĆ[) keĆ¢er mebheefĆ²eĆeeb Meeefceue nQ.
ie-7. yee@ye efHeĆ¢mekeĆ¢ue mee|Jemespe efueefceÅ”s[ (yee@ye SHeĆ¢SmeSue), hetJe& ceW hetCe& Ā¤he mes yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe keĆ¢er Deveg<ebieer Ćeje 24.09.1990 keĆ¢es kebĆ¢heveer keĆ¢es mJeweqĆĆkeĆ¢ Ā¤he mes meceehle keĆ¢jves keĆ¢e efJeMes<e mebkeĆ¢uhe heeefjle efkeĆ¢Ćee ieĆee Deewj GmekesĆ¢ efueS SkeĆ¢ heefjmeceehekeĆ¢ keĆ¢er efveĆegefĆ²eĆ¢ keĆ¢j oer ieĆeer.
yee@ye SHeĆ¢SmeSue ves yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe kesĆ¢ meeLe SkeĆ¢ mecePeewlee efkeĆ¢Ćee efpemekesĆ¢ lenle efoveebkeĆ¢ 28.02.1991 mes yee@ye SHeĆ¢SmeSue keĆ¢er mebhetCe& DeeeqmleĆeeb SJeb osĆeleeSb
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were transferred to BOB as a going concern / as sale in liquidation of the entire business w.e.f. 28.2.1991. As the company could not be liquidated due to pending legal cases; a decision to merge BOBFSL with Bank of Baroda was taken in the Annual General Meeting of BOBFSL held on 30th March 2007.
The Bank has approved the merger of BOBFSL with Bank of Baroda in its Board meeting on 28.01.2009 and authorized Bank to file necessary petition for merger of BOBFSL with BOB before the High Court.
C-8. The Bank has taken over specified Assets & Liabilities of The Memon Co-operative Bank Ltd on 18th April, 2011 as per approval granted by RBI vide letter no. UBD.CO.MEROER No. 7814/09.16.901/2010.11 dated 04th March, 2011. Out of the deficit of 149.25 Crores on account of the said take over, the Bank has proportionately charged 49.75 Crores of the said deficit to the Profit and Loss Account during the year ended March 31, 2012. The balance amount of 99.50 Crores will be charged proportionately during the remaining period till Financial Year 2013-14, as approved by RBI vide letter no. DBOD.No.BP.1311/21.04.048/2010-11 dated 25th July, 2011.
C-9. The Bank has made provision @ 20% on the Secured Sub-standard Advance as against the Regulatory requirement of 15%.
Further the Bank has made an additional ad-hoc provision of ` 342.79. Crores for the year ended March 31, 2012 (previous year ` 320.08 Crores) in certain non performing domestic advance accounts.
C-10. The Board of Directors has proposed dividend of `17/- per share (on face value of `10/-) which is subject to compliance of Section 15 of Banking Regulation Act, 1949 and consequential notification to be issued to this effect by the Government of India under Section 53 of Banking Regulation Act, 1949 and approval of the shareholders.
C-11. Previous Year figures have been regrouped/ rearranged wherever considered necessary to conform current year presentation.
GmekesĆ¢ hetCe& JĆeJemeeĆe kesĆ¢ meceeheve kesĆ¢ HeĆ¢uemJeĀ¤he SkeĆ¢ ieesFbie kebĆ¢meve&/efyeāŗeĆ¢er kesĆ¢ Ā¤he ceW yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe keĆ¢es mLeeveebleefjle keĆ¢j efoS ieS. ĆetbefkeĆ¢ kebĆ¢heveer efJeĆeejeOeerve keĆ¢evetveer ceeceues kesĆ¢ keĆ¢ejCe hetCe& Ā¤he mes heefjmeceehle veneR keĆ¢er pee mekeĆ¢leer Leer Dele: efoveebkeĆ¢ 30 ceeĆe& 2007 keĆ¢es yee@ye SHeĆ¢SmeSue keĆ¢er Jeee|<ekeĆ¢ meeceevĆe yew"keĆ¢ ceW yee@ye SHeĆ¢SmeSue keĆ¢es yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe ceW Meeefceue keĆ¢jves keĆ¢e efveCe&Će efueĆee ieĆee.
yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe kesĆ¢ meeLe cewmeme& yee@ye efHeĆ¢mekeĆ¢ue mee|Jemesme efue. kesĆ¢ meceecesueve keĆ¢es yeQkeĆ¢ keĆ¢er efoveebkeĆ¢ 28.01.2009 keĆ¢es DeeĆeesefpele yes"keĆ¢ ceW Devegceesefole efkeĆ¢Ćee ieĆee Deewj GĆĆe vĆeeĆeeueĆe kesĆ¢ meccegKe yee@ye kesĆ¢ meeLe yee@ye SHeĆ¢SmeSue meceecesueve nsleg DeeJeMĆekeĆ¢ ĆeeefĆekeĆ¢e ope& keĆ¢jves kesĆ¢ efueS yee@ye keĆ¢es heĆeefOeke=Ć¢le efkeĆ¢Ćee.
ie-8 yeQkeĆ¢ ves YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ he$e meb.Ćetyeer[er.meerDees.SceF&DeejDeesF&Deej veb. 7814/09.16.901/2010.11 efo. 4 ceeĆe&, 2011 ceW efoS ieS Devegceesove kesĆ¢ Devegmeej cesceve keĆ¢es-Dee@hejsefÅ”Je yeQkeĆ¢ efueefceÅ”s[ keĆ¢er efJeefvee|oĀ° DeeeqmleĆeeW SJeb osĆeleeDeeW keĆ¢e DeefOeieĆnCe efoveebkeĆ¢ 18.04.2011 keĆ¢es efkeĆ¢Ćee. GĆ²eĆ¢ DeefOeieĆnCe kesĆ¢ heefjCeecemJeĀ¤he ` 149.25 keĆ¢jesĆ[ kesĆ¢ ngS IeeÅ”s ceW mes yeQkeĆ¢ ves 31 ceeĆe& 2012 keĆ¢es meceehle Je<e& kesĆ¢ oewjeve ` 49.75 keĆ¢jesĆ[ keĆ¢er jeefMe ueeYe SJeb neefve Keeles ceW heĆYeeefjle keĆ¢er nw. YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ he$e meb. [eryeerDees[er.meb.yeerheer. 1311/21.01.048/2012-11 efo. 25 pegueeF&, 2011 ceW efoS ieS Devegceesove kesĆ¢ Devegmeej ` 99.50 keĆ¢jesĆ[ keĆ¢er Mes<e jeefMe efJeĆ²eerĆe Je<e& 2013-14 lekeĆ¢ keĆ¢er Mes<e DeJeefOe kesĆ¢ oewjeve DeevegheeeflekeĆ¢ Ā¤he mes heĆYeeefjle keĆ¢er peeSieer.
ie-9 yeQkeĆ¢ ves peceeveleer DeJeceevekeĆ¢ DeefieĆceeW hej 15% keĆ¢er efJeefveĆeecekeĆ¢ DeeJeMĆekeĆ¢lee
keĆ¢er leguevee ceW 20% keĆ¢e heĆeJeOeeve efkeĆ¢Ćee nw.
FmekesĆ¢ DeefleefjĆ²eĆ¢ yeQkeĆ¢ ves kegĆ¢Ć Devepe&keĆ¢ Iejsuet DeefieĆce KeeleeW ceW 31 ceeĆe& 2012
keĆ¢es ` 342.79 keĆ¢jesĆ[ (efheĆues Je<e& ` 320.08 keĆ¢jesĆ[) keĆ¢e DeefleefjĆ²eĆ¢ leoLe& heĆeJeOeeve efkeĆ¢Ćee nw.
ie-10 efveosMekeĆ¢ ceb[ue ves 17 Ā®heĆes heĆefle MesĆej (`10 kesĆ¢ DebefkeĆ¢le cetuĆe hej) ueeYeebMe heĆmleeefJele efkeĆ¢Ćee nw pees efkeĆ¢ yeQkeĆ¢keĆ¢ejer efJeefveĆeceve DeefOeefveĆece, 1949 keĆ¢er Oeeje 15 kesĆ¢ Devegheeueve Deewj yeQkeĆ¢keĆ¢ejer efJeefveĆeceve DeefOeefveĆece, 1949 keĆ¢er Oeeje 53 kesĆ¢ lenle Yeejle mejkeĆ¢ej Ćeje Fme DeeMeĆe keĆ¢er peejer keĆ¢er peeves Jeeueer hejJeleea DeefOemetĆevee Deewj MesĆejOeejkeĆ¢eW kesĆ¢ Devegceesove kesĆ¢ DeOĆeOeerve nw.
ie-11 ceewpetoe DeJeefOe / Je<e& kesĆ¢ JeieeakeĆ¢jCe kesĆ¢ leovegĀ¤he, peneb keĆ¢neR DeeJeMĆekeĆ¢ nw, efheĆueer DeJeefOe / Je<e& kesĆ¢ DeebkeĆ¢Ć[eW keĆ¢es hegve: mecetnerke=Ć¢le / hegve: JĆeJeeqmLele efkeĆ¢Ćee ieĆee nw.
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31 ceeĆe& 2012 keĆ¢es meceehle Je<e& kesĆ¢ efueS vekeĆ¢oer ĆeJeen efJeJejCeStatement of Cash Flow for the year ended 31st March, 2012
(` in 000's DevebefkeĆ¢le omitted)
31 ceeĆe& 2012 keĆ¢es meceeHle Je<e&Year ended 31.03.2012
31 ceeĆe& 2011keĆ¢es meceeHle Je<e&Year ended 31.03.2011
keĆ¢. HeefjĆeeueve keĆ¢eĆe&keĆ¢ueeHeebs mes vekeĆ¢oer HeĆJeen : A. Cash flow from operating activities:
keĆ¢j mes HetJe& MegƦ ueeYe net Profit before taxes 6025,79,75 5650,32,10
efvecveefueefKele keĆ¢s efueS meceeĆeespeve : Adjustments for:
DeĆeue DeeefmleĆeeW Hej cetuĆeĆeme Depreciation on fixed assets 276,56,52 243,04,10
efveJesMeeW Hej cetuĆe Ćeme(HeefjHekeƤJe $e+CeHe$eeW meefnle)
Depreciation on investments (including on Matured debentures)
236,32,83 9,01,27
yeĆ³s Keeles [eues ieS DeMeesOĆe $e+Ce /iewj efve<HeeokeĆ¢ DeeefmleĆeeW keĆ¢s efueS HeĆeJeOeeve
Bad debts written-off/Provision in respect of non-performing assets
1865,19,16 1050,59,74
ceevekeĆ¢ DeeefmleĆeeW keĆ¢s efueS HeĆeJeOeeve Provision for Standard Assets 448,16,58 223,85,32
DevĆe ceoeW keĆ¢s efueS HeĆeJeOeeve (efveJeue) Provision for Other items (Net) 5,13,96 47,82,47
DeĆeue DeeefmleĆeeW keĆ¢er efyeāŗeĆ¢er mes ueeYe/(neefve) (efveJeue)
Profit/(loss) on sale of fixed assets (Net)
-8114 17,43
ieewCe $e+CeeW Hej yĆeepe nsleg Yegieleeve /HeĆeJeOeeve, (Deueie mes ef}Ćee ieĆee)
Payment/provision for interest on subordinated debt (treated separately)
914,36,03 846,16,11
Deveg<ebieer FkeĆ¢eFĆeeW/DevĆe mes HeĆeHle ueeYeebMe (Deueie mes ef}Ćee ieĆee)
Dividend received from subsidiaries/others (treated separately)
(25,57,86) (28,46,80)
GHe-peesĆ[ Sub total 9745,15,83 8042,51,74
efvecveefueefKele keĆ¢s ef}S meceeĆeespeve : Adjustments for:
efveJesMeeW ceW (Je=efƦ) /keĆ¢ceer (Increase)/Decrease in investments (12216,12,13) (9906,76,24)
DeefieĆceeW ceW (Je=efƦ) /keĆ¢ceer (Increase)/Decrease in advances (60566,12,42) (54691,67,24)
DevĆe DeeefmleĆeeW ceW (Je=efƦ) /keĆ¢ceer (increase)/Decrease in other assets (3321,50,31) (1856,38,43)
GOeej jeefMeĆeeW ceW Je=efƦ /(keĆ¢ceer) Increase/(Decrease)in borrowings 1076,82,45 6755,39,20
pecee jeefMeĆeeW ceW Je=efƦ / (keĆ¢ceer) Increase/(Decrease) in deposits 79431,62,40 64177,55,67
DevĆe osĆeleeDeeW leLee HeĆeJeOeeveesb ceW Je=efƦ /(keĆ¢ceer) Increase/(Decrease) in other liabilities and provisions
1952,31,61 689,60,16
HeĆoĆ²e HeĆlĆe#e keĆ¢j (efjHebĆ¢[ keĆ¢er efveJeue jeefMe) Direct taxes paid (Net of Refund) (1695,67,09) (1431,43,54)
HeefjĆee}ve keĆ¢eĆe&keĆ¢ueeHeeW mes MegƦ vekeĆ¢oer (keĆ¢) net cash from operating activities (A) 14406,50,34 11778,81,32
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(` in 000's DevebefkeĆ¢le omitted)
31 ceeĆe& 2012 keĆ¢es meceeHle Je<e&Year ended 31.03.2012
31 ceeĆe& 2011keĆ¢es meceeHle Je<e&Year ended 31.03.2011
Ke. efveJesMe mebyebOeer keĆ¢eĆe&keĆ¢ueeHeeWW mes vekeĆ¢oer HeĆJeen B. Cash flow from investing activities:
DeĆeue DeeefmleĆeeW keĆ¢er Kejero / DeblejCe Purchase/ Transfer in of fixed assets (434,53,80) (358,31,45)
DeĆeue DeeefmleĆeeW keĆ¢er efyeāŗeĆ¢er / DeblejCe Sales/ Transfer out of fixed assets 40,55,67 20,59,31
JĆeeHeej mebyebOeer efveJesMeeW ceW HeefjJele&ve(Deveg<ebieer SJeb DevĆe)
Changes in Trade related investments (Subsidiaries & others)
31,02,38 (180,50,58)
Deveg<ebieer FkeĆ¢eFĆeeW/DevĆeeW mes HeĆeHle }eYeebMe Dividend received from subsidiaries/others
25,57,86 28,46,80
efveJesMe mebyebOeer keĆ¢eĆe&keĆ¢ueeHeeW mes MegƦ vekeĆ¢oer (Ke) net cash used in investing activities (B) (337,37,89) (489,75,92)
ie. efJeĆ²eHees<eCe mebyebOeer ieefleefJeefOeĆeeW mes vekeĆ¢oer HeĆJeen : C. Cash flow from financing activities:
MesĆej hetBpeer Share Capital 19,57,73 27,27,96
MesĆej HeĆerefceĆece Share premium 1625,11,20 2433,72,03
iewj peceeveleer ieewCe yeeb[ Unsecured Subordinated Bonds 188,37,19 2202,37,78
ueeYeebMe keĆ¢j meefnle ĆeoĆ²e ueeYeebMe Dividend paid including dividend tax (753,35,20) (639,26,04)
iewj peceeveleer ieewCe yeeb[eW hej ĆeoĆ²e / osĆe yĆeepe
Interest paid / payable on unsecured subordinated bonds
(914,36,03) (846,16,11)
efJeĆ²eHees<eCe ieefleefJeefOeĆeeW mes MegƦ vekeĆ¢oer (ie) net cash from financing activities (C) 165,34,89 3177,95,62
vekeĆ¢oer SJeb vekeĆ¢oer meceleguĆeceW MegƦ Je=efƦ (keĆ¢)+(Ke)+(ie)
net increase in cash & cash equivalents (A)+(B)+(C)
14234,47,34 14467,01,02
Je<e& kesĆ¢ ĆeejbYe ceW vekeĆ¢oer Je vekeĆ¢oer meceleguĆe Cash and cash equivalents as at the beginning of the year
49934,06,78 35467,05,76
Je<e& kesĆ¢ Deble ceW vekeĆ¢oer Je vekeĆ¢oer meceleguĆe Cash and cash equivalents as at the end of the year
64168,54,12 49934,06,78
efŔhheCeer: notes:
1. vekeĆ¢oer leLee vekeĆ¢oer meceleguĆe ceW neLe ceW vekeĆ¢oer, YeejleerĆe efj]peJe& yeQkeĆ¢ SJeb DevĆe yeQkeĆ¢ kesĆ¢ heeme yewuesvme Deewj ceebie SJeb Deuhe metĆevee hej Oeve meceeefJeĀ° nw.
1. Cash & Cash equivalents includes Cash on hand, Balance with RBI & Other banks and Money at call and Short Notice.
2. vekeĆ¢oer leLee vekeĆ¢oer meceleguĆe kesĆ¢ IeÅ”keĆ¢ 2. Components of Cash & Cash Equivalents
31/3/2012 31/3/2011
vekeĆ¢oer SJeb YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ heeme yewueWme Cash & Balance with RBI 216514596 198681789
yeQkeĆ¢eW kesĆ¢ heeme yewueWme Deewj ceebie SJeb Deuhe metĆevee hej Oeve
Balances with Banks and Money at Call and Short Notice
425170816 300658889
kegĆ¢ue total 641685412 499340678
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Tothe Shareholders of Bank of Baroda1. We have audited the accompanying financial statements of
Bank of Baroda as at March 31, 2012, which comprise the Balance Sheet as at March 31, 2012, and Profit and Loss Account and the Cash Flow Statement for the year then ended, and a summary of significant accounting policies and other explanatory information. Incorporated in these financial statements are the returns of 20 branches audited by us, 45 foreign branches audited by local auditors and 2,746 branches audited by branch auditors. The branches audited by us and those audited by other auditors have been selected by the Bank in accordance with the guidelines issued to the Bank by the Reserve Bank of India. Also incorporated in the Balance Sheet and the Profit and Loss Account are the returns from 1,138 branches which have not been subjected to audit. These unaudited branches account for 1.36 per cent of advances, 3.96 per cent of deposits, 1.14 per cent of interest income and 3.60 per cent of interest expenses.
Managementās Responsibility for the Financial Statements2. Management is responsible for the preparation of these financial
statements in accordance with accounting standards generally accepted in India. This responsibility includes the design, implementation and maintenance of internal control relevant to the preparation of the financial statements that are free from material misstatement, whether due to fraud or error.
Auditorās Responsibility3 Our responsibility is to express an opinion on these financial
statements based on our audit. We conducted our audit in accordance with the Standards on 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.
4 An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditorās judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Bankās preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances. An audit also includes evaluating 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.
5 We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion6 Without qualifying our report, we draw attention to:
i Note No B-1.3.3 of financial statements, which describes deferment of pension liability of the Bank to the extent of `1,097.94 crores as on March 31, 2012 pursuant to the exemption granted by the Reserve Bank of India (āRBIā) to the public sector banks from application of the provisions of Accounting Standard 15 (revised), Employee Benefits issued by the Institute of Chartered Accountants of India, vide its circular no. DBOD.BP.BC/80/21.04.018/2010-11 dated February 9, 2011, on Re-opening of Pension Option to Employees of Public Sector Banks; and
ii Note No C-8 of financial statement, which describes that the unrecognized deficit aggregating 99.50 crores as on March
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31, 2012, arising out of the take-over of specified assets and liabilities from the Memon Co-operative Bank Limited to be charged off proportionately till financial year 2013-14 as per approval received from RBI vide Letter No. DBOD.No.BP.1311/21.04.048/2010-11 dated July 25, 2011.
7 In our opinion, as shown by books of bank, and to the best of our information and according to the explanations given to us:i The Balance Sheet, read with the notes thereon is a full and
fair Balance Sheet containing all the necessary particulars, is properly drawn up so as to exhibit a true and fair view of state of affairs of the Bank as at March 31, 2012 in conformity with accounting principles generally accepted in India;
ii The Profit and Loss Account, read with the notes thereon shows a true balance of profit, in conformity with accounting principles generally accepted in India, for the year covered by the account; and
iii The Cash Flow Statement gives a true and fair view of the cash flows for the year ended on that date.
Report on Other Legal and Regulatory Requirements8 The Balance Sheet and the Profit and Loss Account have been
drawn up in Forms āAā and āBā respectively of the Third Schedule to the Banking Regulation Act, 1949.
9 Subject to the limitations of the audit indicated in paragraph 1 to 5 above and as required by the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/ 1980, and subject also to the limitations 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 purposes of our audit and have found them to be satisfactory;
ii The transactions of the Bank, which have come to our notice have been within the powers of the Bank; and
iii The returns received from the offices and branches of the Bank have been found adequate for the purposes of our audit.
10 In our opinion, the Balance Sheet, Profit and Loss Account and Cash Flow Statement comply with the applicable accounting standards.
osĆeleeDeeW keĆ¢es Å”skeĆ¢ DeesJej keĆ¢jves mes 31.03.12 keĆ¢es ngS iewj ceevĆelee ĆøeeHle IeeÅ”s keĆ¢er kegĆ¢ue 99.50 keĆ¢jesĆ[ keĆ¢er jeefMe keĆ¢es Je<e& 2013-14 lekeĆ¢ DeevegHeeeflekeĆ¢ DeeOeej HeĆ¢j nÅ”eĆee peeĆes.
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ke=Ć¢les efKecepeer kegbĆ¢Jejpeer SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 105146 [yuĆet(ieewlece Jeer Meen)YeeieeroejSce. veb.: 117348
For Khimji Kunverji & CoChartered AccountantsFRN: 105146W(Gautam V. Shah)PartnerM No.117348
ke=Ć¢les yeĆĆæeĆĆee SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 000511 Sme(efpeleWƵ kegĆ¢ceej)YeeieeroejSce. veb.: 201825
For Brahmayya & Co.Chartered AccountantsFRN: 000511S(Jitendra Kumar)PartnerM No.201825
ke=Ć¢les js SC[ jsmeveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 301072 F&(S. Sve. ĆesVesceeoer)YeeieeroejSce. veb.: 031004
For Ray & RayChartered AccountantsFRN: 301072E(A. N. Yennemadi)PartnerM. No. 031004
ke=Ć¢les Sme kesĆ¢. efceĆ²eue SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 001135 Sve(ieewjJe efceĆ²eue)YeeieeroejSce. veb.: 099387
For S. K. Mittal & Co.Chartered AccountantsFRN: 001135N(Gaurav Mittal)PartnerM. No. 099387
ke=Ć¢les Sve.yeer.Sme. SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 110100 [yuĆet(Sve. yeer. MesĆ³er)YeeieeroejSce. veb.: 016718
For N. B. S. & Co.Chartered AccountantsFRN: 110100W(N. B. Shetty)PartnerM No.016718
ke=Ć¢les ue#ceerefveJeeme veerLe SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 002460 Sme(ue#ceerefveJeeme Mecee&)YeeieeroejSce. veb.: 014244
For Laxminiwas Neeth & Co.Chartered AccountantsFRN: 002460S(Laxminiwas Sharma)PartnerM No.014244
mLeeve / Place: cegbyeF& / MumbaiefoveebkeĆ¢ / Date: 15th May, 2012
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31 ceeĆe& 2012 keĆ¢e mecesefkeĆ¢le legueve-he$e
Consolidated Balance Sheet as on 31st March 2012
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31 ceeĆe& 2012 keĆ¢e mecesefkeĆ¢le legueve-he$eConsolidated Balance Sheet as on 31st March 2012
(000ā DevebefkeĆ¢le omitted)
DevegmetĆeer SCHEDULE
31 ceeĆe& 2012 keĆ¢es As on
31st Mar, 2012 `
31 ceeĆe& 2011 keĆ¢es As on
31st Mar, 2011 `
Hetbpeer Deewj osĆeleeSb CAPITAL & LIABILITIES
Hetbpeer Capital 1 412,38,46 392,80,73
HeĆejef#ele efveefOeĆeeb Deewj DeefOeMes<e Reserves & Surplus 2 28103,91,87 21433,76,47
ceeĆeveesefjÅ”er FvÅ”jsmÅ” Minority Interest 2A 91,18,16 72,90,64
peceejeefMeĆeeb Deposits 3 392615,94,50 311603,24,89
GOeej ueer ieF& jeefMeĆeeb Borrowings 4 23598,05,84 22378,32,96
DevĆe osĆeleeSb SJeb HeĆeJeOeeve Other Liabilities & Provisions 5 12590,51,75 10332,70,88
peesĆ[ T O T A L 457412,00,58 366213,76,57
DeeefmleĆeeb ASSETS
YeejleerĆe efj]peJe& yeQkeĆ¢ keĆ¢s Heeme vekeĆ¢oer Deewj Mes<e jkeĆ¢ce
Cash and balances with Reserve Bank of India
6 22268,34,40 20394,41,61
yeQkeĆ¢esb keĆ¢s Heeme Mes<e jkeĆ¢ce leLee ceebie SJebDeuHe metĆevee Hej HeĆefleosĆe jeefMe
Balances with Banks and Money at Call and Short Notice
7 43542,00,27 31029,31,11
efveJesMe Investments 8 86697,00,36 74154,41,87
$e+Ce SJeb DeefĀ«ece Loans & Advances 9 292077,13,69 232085,11,12
DeĆeue DeeefmleĆeeb Fixed Assets 10 2428,19,01 2383,19,95
DevĆe DeeefmleĆeeb Other Assets 11 10399,32,85 6167,30,91
peesĆ[ T O T A L 457412,00,58 366213,76,57
DeekeĆ¢efmcekeĆ¢ osĆeleeSb Contingent Liabilities 12 153154,98,92 127562,35,80
Jemet}er keĆ¢s efueS efyeue Bills for Collection 22862,48,49 18986,68,46
cenlJehetCe& uesKee-veerefleĆeebb Significant Accounting Policies 18
uesKeeW Hej efÅ”HHeefCeĆeeb Notes on Accounts 19
THej oMee&Ćeer ieĆeer DevegmetefĆeĆeeb legueve-He$e keĆ¢e SkeĆ¢ DeefYevve Yeeie nQ. The Schedules referred to above form an integral part of the Balance Sheet.
mLeeve : cegbyeF&,efoveebkeĆ¢ : 04.05.2012
efveosMekeĆ¢
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uesKee Hejer#ekeĆ¢mece leejerKe keĆ¢er nceejer mebueive he=LekeĆ¢ efjheesÅ”& kesĆ¢ Devegmeej
ke=Ć¢les efKecepeer kegBĆ¢Jejpeer SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve : 105146 [yuĆet
(ieewlece Jeer Meen)YeeieeroejSce. veb.: 117348
ke=Ć¢les yeĆĆæeĆĆee SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve : 000511 Sme
(efpeleWƵ kegĆ¢ceej)YeeieeroejSce. veb.: 201825
ke=Ć¢les js SC[ jsmeveoer uesKeekeĆ¢ejSHeĆ¢DeejSve : 301072 F&
(S. Sve. ĆesVesceeoer)YeeieeroejSce. veb.: 031004
ke=Ć¢les Sme kesĆ¢. efceĆ²eue SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve : 001135 Sve
(ke=Ć¢Meve mJeĀ¤He)YeeieeroejSce. veb.: 010633
ke=Ć¢les SveyeerSme SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve : 110100 [yuĆet
(ĆøeoerHe pes MesĆ³er)YeeieeroejSce. veb.: 046940
ke=Ć¢les ue#ceerefveJeeme veerLe SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve : 002460 Sme
(oĆeeefveJeeme Mecee&)YeeieeroejSce. veb.: 014244
Ćeer Sce.[er.ceuĆeeDeOĆe#e SJeb HeĆyebOe efveosMekeĆ¢Ćeer Deej. kesĆ¢. ye#eerkeĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢Ćeer Sve. Sme. ĆeerveeLekeĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢Ćeer Jeer.kesĆ¢.iegHleeceneHeĆyebOekeĆ¢(keĆ¢eheexjsÅ” Keeles SJeb keĆ¢jeOeeve SJeb cegefJeDe)Ćeer yeer. FueWieesmene cene ĆøeyebOekeĆ¢(keĆ¢eheexjsÅ” Keeles SJeb keĆ¢jeOeeve)
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31 ceeĆe& 2012 keĆ¢es meceehle Je<e& keĆ¢e mecesefkeĆ¢le ueeYe Je neefve uesKeeConsolidated Profit & Loss Account for the year ended 31st March 2012
(000ā DevebefkeĆ¢le omitted)
DevegmetĆeer SCHEDULE
31 ceeĆe& 2012 keĆ¢esmeceehle Je<e& kesĆ¢ efueS
Year ended 31st Mar 2012
`
31 ceeĆe& 2011 keĆ¢esmeceehle Je<e& kesĆ¢ efueS
Year ended 31st Mar 2011
`I. DeeĆe I. INCOME
Deefpe&le yĆeepe Interest Earned 13 30488,49,36 22513,30,54
DevĆe DeeĆe Other Income 14 4100,41,66 3287,10,02
peesĆ[ T O T A L 34588,91,02 25800,40,56II. JĆeĆe II. EXPENDITURE
yĆeepe JĆeĆe Interest Expended 15 19724,34,35 13349,59,66
heefjĆeeueve JĆeĆe Operating Expenses 16 5455,54,49 4850,58,58
ĆeeJeOeeve Deewj DeekeĆ¢efmcekeĆ¢ JĆeĆe Provisions and Contingencies 19 (8) 4192,73,51 3181,02,18
peesĆ[ T O T A L 29372,62,35 21381,20,42
ceeFveesefjÅ”er yĆeepe mes hetJe& mecesefkeĆ¢le ueeYe Deewj menĆeesieer FkeĆ¢eFĆeeW ceW DeeĆe keĆ¢e DebMe
Consolidated Profit before Minority Interest and share of earning in Associates
5216,28,67 4419,20,14
menĆeesieer FkeĆ¢eFĆeeW ceW DeeĆe keĆ¢e DebMe Share of earnings in Associates 17 53,12,40 34,71,81
ceeFveesefjÅ”er yĆeepe keĆ¢eÅ”ves mes HetJe& Je<e& kesĆ¢ efueS mecesefkeĆ¢le MegƦ ueeYe
Consolidated Net Profit for the year before deducting Minority interest
5269,41,07 4453,91,95
IeÅ”eSb : ceeFveesefjÅ”er yĆeepe Less : Minority Interest 20,83,69 20,21,24
Je<e& kesĆ¢ efueS mecetn keĆ¢e mecesefkeĆ¢le ueeYe Consolidated Profit for the year attributable to the group
5248,57,38 4433,70,71
Deeies ueeF& ieF& ueeYe SJeb neefve Keeles ceW Mes<e jeefMe
Balance in Profit and Loss A/c brought forward
138,66,20 82,20,34
efJeefveĆeesie nsleg GheueyOe jeefMe Amount available for appropriation 5387,23,58 4515,91,05III. efJeefveĆeesie III. APPROPRIATIONS
meebefJeefOekeĆ¢ Ćeejef#ele efveefOe ceW DevlejCe Transfer to Statutory Reserve 1272,75,29 1072,74,87
hetbpeer Ćeejef#ele efveefOeĆeeW ceW DevlejCe Transfer to Capital Reserve 47,72,04 209,956 Oeeje 36(1) (viii) kesĆ¢ lenle efJeMes<e Deejef#ele efveefOe ceW DeblejCe Transfer to Special Reserve u/s 36 (1) (viii) 537,15,33 3,403,987 jepemJe SJeb DevĆe Ćeejef#ele efveefOeĆeeW ceW DeblejCe Transfer to Revenue & Other Reserves 2607,32,89 2221,15,61
ĆemleeefJele ueeYeebMe (ueeYeebMe keĆ¢j meefnle) Proposed Dividend (Including Dividend Tax) 812,29,04 7,533,520
mecesefkeĆ¢le yesueWmeMeerÅ” ceW Deeies ues peeĆee ieĆee Mes<e
Balance carried over to consolidated Balance Sheet
178,72,72 138,66,20
efveJesMe efj]peJe& Keelee Investment Reserve Account (68,73,73) (31,40,26)
peesĆ[ T O T A L 5387,23,58 4515,91,05
cenlJehetCe& uesKee-veerefleĆeebb Significant Accounting Policies 18
uesKeeW Hej efÅ”HHeefCeĆeeb Notes on Accounts 19
HeĆefleMesĆej DeeĆe (yesefmekeĆ¢ Je [eĆeuĆetÅ”s[) Earnings per Share (Basic & Diluted) (`.) 19 (12) 134.01 121.64
(meebkesĆ¢eflekeĆ¢ cetuĆe Ćøeefle MesĆej `10) (Nominal value per share `10)THej oMee&F& ieF& DevetmetefĆeĆeeb ueeYe SJeb neefve uesKes keĆ¢e ner SkeĆ¢ Yeeie nQ The Schedules referred to above form an integral part of the Profit & Loss Account.
Place : MumbaiDate: 04.05.2012
DIRECTORSShri Alok NigamShri Vinil Kumar SaxenaShri Ajay MathurShri Satya Dev TripathiShri Surendra S BhandariShri Sudarshan SenShri V B ChavanDr (Smt) Masarrat ShahidShri Maulin A VaishnavShri Rajib S Sahoo
AUDITORSAs per our separate report of even date attached
For Khimji Kunverji & Co For Brahmayya & Co For Ray & RayChartered AccountantsFRN: 105146W
Chartered AccountantsFRN: 000511S
Chartered AccountantsFRN: 301072E
(Gautam V Shah) (Jitendra Kumar) (A. N. Yennemadi)Partner Partner PartnerM No. 117348 M No. 201825 M No. 031004For S K Mittal & Co For For N B S & Co For Laxminiwas Neeth & CoChartered AccountantsFRN: 001135N
Chartered AccountantsFRN: 110100W
Chartered AccountantsFRN: 002460S
(Krishan Sarup) (Pradeep J. Shetty) (Dayaniwas Sharma)Partner Partner PartnerM No. 010633 M No. 046940 M No. 014244
Shri M. D. MallyaChairman & Managing DirectorShri R. K. BakshiExecutive DirectorShri N. S. SrinathExecutive DirectorShri V K GuptaGeneral ManagerCorp A/cs & Taxation and CFOShri B ElangoAsst. General ManagerCorporate A/cs & Taxation
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mecesefkeĆ¢le legueve-he$e keĆ¢er DevegmetefĆeĆeebSchedules to Consolidated Balance Sheet
(000ā DevebefkeĆ¢le omitted)
31 ceeĆe&, 2012 keĆ¢es As on 31st March 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st March 2011
` ` ` `
DevegmetĆeer - 1 Hetbpeer SCHEDULE - 1 CAPITAL
HeĆeefOeke=Ć¢le Hetbpeer(ĆelĆeskeĆ¢ `10/- kesĆ¢ 300,00,00,000FefkeƤJeÅ”er MesĆej)(efheĆues Je<e& ĆelĆeskeĆ¢ `10/- kesĆ¢ 300,00,00,000/- MesĆej)
AUTHORISED CAPITAL(300,00,00,000 Shares of `.10/- each) (previous year 300,00,00,000 - shares of `.10/- each) 3000,00,00 3000,00,00
peejer keĆ¢er ieĆeer leLee DeefYeoĆ²e HetbpeerĆelĆeskeĆ¢ `10/- kesĆ¢ 41,38,56,883FefkeƤJeÅ”er MesĆej (efheĆues Je<e& ĆelĆeskeĆ¢ `10 kesĆ¢ 39,42,79,579 FefkeƤJeÅ”er MesĆej) -
ISSUED & SUBSCRIBED CAPITAL(41,38,56,883 Equity Shares of `10/- each(Previous Year 39,42,79,579 Equity shares of `10each) 413,85,69 394,27,96
ceebieer ieF& Hetbpeer CALLED UP CAPITAL
ĆelĆeskeĆ¢ `10/- kesĆ¢ 41,11,23,383 (efHeĆues Je<e& 39,15,79,579) FefkeƤJeÅ”er MesĆej) efpemeceW ĆelĆeskeĆ¢ `10/- kesĆ¢ 22,32,79,579 MesĆej (efHeĆues Je<e& 22,32,79,579 MesĆej) Meeefceue nQ, efpemekeĆ¢er kegĆ¢ue jeefMe `223.28 keĆ¢jeĆs[ kesĆ¢vƵ mejkeĆ¢ej Ćeje Oeeefjle nw.
41,11,23,383 (previous year 39,15,79,579) Equity shares of `10/- each including 22,32,79,579 shares (previous year 22,32,79,579 shares) of `10/- each amounting to `223.28 crores held by Central Government 411,12,34 3915461
peesĆ[W : peyle MesĆej Add: Forfeited Shares 1,26,12 12612
peeĆs[W TOTAL 412,38,46 392,80,73
DevegmetĆeer - 2 SCHEDULE - 2
HeĆeefj#ele efveefOeĆeeb Deewj DeefOeMes<e RESERVES & SURPLUS
i meebefJeefOekeĆ¢ HeĆejef#ele efveefOeĆeeb i Statutory Reserves
DeejbefYekeĆ¢ Mes<e Opening Balance 4680,52,76 3609,50,54
peeĆs[W/(IeÅ”eSb) : ueeYe SJeb neefve Keeles mes Debleefjle
Add: Transfer from P&L Accounts 1272,75,29 1072,74,87
peeĆs[W/(IeÅ”eSb) : Je<e& kesĆ¢ oewjeve meceeĆeespeve
Add/(Less): Adjustments during the year 86,269 5961,90,74 (1,72,65) 4680,52,76
ii keĆ¢) Hetbpeeriele HeĆejef#ele efveefOeĆeeb (Hegvecet&uĆeekeĆ¢ve efj]peJe& meefnle)
ii a) Capital Reserves (Including Revaluation reserve)
DeejbefYekeĆ¢ Mes<e Opening Balance 2087,59,50 2106,90,80
peeĆ s[W/(IeÅ”eSb) : ueeYe SJeb neefve Keeles mes Debleefjle
Add/(Less): Transfer from P&L Accounts 47,72,04 20,99,56
peeĆs[W/(IeÅ”eSb) : Je<e& kesĆ¢ oewjeve meceeĆeespeve
Add/(Less): Adjustments during the year (141,15,75) 1994,15,79 (40,30,86) 2087,59,50
Ke) meceskeĆ¢ve hej Hetbpeeriele HeĆejef#ele efveefOeĆeeb
b) Capital Reserve on Consolidation
DeejbefYekeĆ¢ Mes<e Opening Balance 55,21,69 44,81,60
peeĆs[W : Je<e& kesĆ¢ oewjeve meceeĆeespeve Add: Adjustments during the year 12,69,15 67,90,84 10,40,09 55,21,69
iii MesĆej HeĆerefceĆece iii Share Premium
DeejbefYekeĆ¢ Mes<e Opening Balance 4764,80,59 2331,08,56
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(000ā DevebefkeĆ¢le omitted)
31 ceeĆe&, 2012 keĆ¢es As on 31st March 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st March 2011
` ` ` `
peeĆs[W/(IeÅ”eSb) : Je<e& kesĆ¢ oewjeve HeefjJeOe&ve / meceeĆeespeve
Add/(Less): Adjustments during the year 1625,11,20 6389,91,79 2433,72,03 4764,80,59
iv jepemJe SJeb DevĆe HeĆejef#ele efveefOeĆeeb iv Revenue & Other Reserves
keĆ¢. Oeeje 36 (1) (viii) kesĆ¢ lenle efJeMes<e Ćøeejef#ele efveefOeĆeeb
a. Special Reserves u/s 36 (1) (viii)
ĆøeejbefYekeĆ¢ Mes<e Opening Balance1030,39,87 690,00,00
peeĆ s[W/(IeÅ”eSb) : ueeYe SJeb neefve Keeles mes DeblejCe
Add/(Less): Transfer from P&L Account 537,15,33 1567,55,20 340,39,87 1030,39,87
Ke. Ā¤heeblejCe Ćeejef#ele efveefOeĆeeb b. Translation Reserves 758,98,33 12,17,84
ie. efveJesMe efj]peJe& Keelee c. Investment Reserve Account
ĆøeejbefYekeĆ¢ Mes<e Opening Balance 68,73,73
DevĆe efj]peJe& mes Debleefjle Transferred from Other Reserves 100,13,99
ueeYe SJeb neefve efJeefveĆeespeve Keeles ceW Debleefjle
Transferred to P&L Appropriation A/c (68,73,73) - (31,40,26) 68,73,73
ie. jepemJe HeĆejef#ele efveefOeĆeeb c. Revenue Reserves
ĆøeejbefYekeĆ¢ Mes<e Opening Balance 8595,64,29 6501,35,62
efveJesMe efj]peJe& Keeles ceW Debleefjle Transferred to Investment Reserve Account - (100,13,99)
peesĆ[s : ueeYe Deewj neefve Keeles mes DeblejCe Add: Transfer from P&L Accounts 2607,32,89 2221,15,61
peesĆ[W/(IeÅ”eSb): Je<e& kesĆ¢ oewjeve efkeĆ¢S ieS meceeĆeespeve
Add/(Less): Adjustments during the year (18,20,72) 11184,76,46 (26,72,95) 8595,64,29
v ueeYe/neefve Keeles ceW Mes<e v Balance in Profit & Loss Account 178,72,72 138,66,20
kegĆ¢ue HeĆejef#ele efveefOeĆeeb Deewj DeefOeMes<e (i mes v) Total Reserves & Surplus (I to v) 28103,91,87 21433,76,47
DevegmetĆeer - 2 S- ceeFveesefjÅ”er yĆeepe SCHEDULE - 2A- Minority Interest
HeĆejbefYekeĆ¢ Mes<e Opening Balance 72,90,64 59,42,00
peeĆs[W / (IeÅ”eSb): Je<e& kesĆ¢ oewjeve efkeĆ¢S ieS meceeĆeespeve
Add/(Less): Adjustments during the year 18,27,52 91,18,16 13,48,64 72,90,64
kegĆ¢ue ceeFveesefjÅ”er yĆeepe Total Minorities Interest 91,18,16 72,90,64
DevegmetĆeer - 3 pecee jeefMeĆeeb SCHEDULE - 3 DEPOSITS
keĆ¢. I ceebie pecee jeefMeĆeeb A. I Demand Deposits
i) yewkeĆ¢eW mes i) From Banks 1052,06,30 804,90,86 ii) DevĆeeW mes ii) From Others 28460,40,59 29512,46,89 22892,11,07 23697,01,93
II yeĆele yeQkeĆ¢ pecee jeefMeĆeeb II Savings Bank Deposits 76429,30,62 66096,09,52 III ceerĆeeoer pecee jeefMeĆeeb III Term Deposits
i) yeQkeĆ¢eW mes i) From Banks 53301,53,18 41191,23,59 ii) DevĆeeW mes ii) From Others 233372,63,81 286674,16,99 180618,89,85 221810,13,44peeĆs[ (I, II SJeb III) TOTAL (I,II and III) 392615,94,50 311603,24,89Ke. I Yeejle ceW MeeKeeDeeW keĆ¢er peceejeefMeĆeeb B. I Deposits of branches in
India 283253,58,77 235899,75,53 II Yeejle mes yeenj MeeKeeDeeW keĆ¢er
pecee jeefMeĆeeb II Deposits of branches
outside India109362,35,73 75703,49,36
peeĆs[ (I SJeb II) TOTAL (I & II) 311603,24,89 245951,14,55
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(000ā DevebefkeĆ¢le omitted)
31 ceeĆe&, 2012 keĆ¢es As on 31st March 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st March 2011
` ` ` `
DevegmetĆeer - 4 GOeej jeefMeĆeeb SCHEDULE - 4 BORROWINGS
I Yeejle ceW GOeej jeefMeĆeeb I Borrowings in India
i) YeejleerĆe efjpeJe& yeQkeĆ¢ i) Reserve Bank of India - 350,00,00
ii) DevĆe yeQkeĆ¢ ii) Other Banks 168,00,86 135,58,87
iii) DevĆe mebmLeeve Deewj SpeWefmeĆeeb iii) Other Institutions and Agencies
377,06,24 432,30,75
iv) DeeF&heer[erDeeF& iv) IPDI 1911,70,00 1911,70,00
v) yeeb[esb kesĆ¢ Ā¤He ceW peejer neF&eqyeĆ[ $e+Ce Hetbpeer efueKelesb
v) Hybrid Debt Capital Instruments issued as bonds
5000,00,00 5000,00,00
vi) ieewCe $e+Ce vi) Subordinate debt 2490,00,00 9946,77,10 2490,00,00 10319,59,62
II Yeejle mes yeenj GOeej jeefMeĆeeb (FmeceW 1526.25 keĆ¢jesĆ[ (efheĆues Je<e& 1337.88
keĆ¢jesĆ[) kesĆ¢ SceÅ”erSve yeeC[ Meeefceue nQ )
II Borrowings outside India (includes MTN Bonds of `1526.25 crs (previous year `1337.88 crs))
13651,28,74 12058,73,34
peeĆs[ (I SJeb II) TOTAL (I & II) 23598,05,84 22378,32,96
THej I SJeb II ceW Meeefceue peceeveleer
GOeej jeefMeĆeeb
Secured Borrowings included in I & II above 523,16,34 71,56,24
DevegmetĆeer - 5 SCHEDULE - 5
DevĆe osĆeleeSb SJeb HeĆeJeOeeveOTHER LIABILITIES AND PROVISIONS
I osĆe efyeue I Bills Payable 1390,73,66 1684,10,55
II GheefĆele yĆeepe II Interest Accrued 2837,26,46 2144,85,88
III DeemLeefiele keĆ¢j osĆelee III Deferred Tax Liabilities 256,73,26 102,19,24
IV ceevekeĆ¢ DeeqĀ«eceeW kesĆ¢ HesÅ”s DeekeĆ¢eqmcekeĆ¢ ĆøeeJeOeeveIV Contingent Provision against
Standard Advances1402,80,16 921,76,92
V DevĆe (ĆeeJeOeeveeW meefnle) V Others (including provisions) 6702,98,21 5479,78,29
peeĆs[ (I SJeb V) Total (I to V) 12590,51,75 10332,70,88
DevegmetĆeer - 6vekeĆ¢oer leLee YeejleerĆe efjpeJe& yeQkeĆ¢ kesĆ¢ Heeme Mes<e
SCHEDULE - 6 CASH AND BALANCES WITH RESERVE BANK OF INDIA
I neLe ceW vekeĆ¢oer (efJeosMeer cegƵe veesÅ”eW meefnle)
I Cash in hand (including foreign currency notes) 1267,80,21 1411,28,67
II YeejleerĆe efjpeJe& yeQkeĆ¢ kesĆ¢ Heeme Mes<e II Balances with Reserve Bank of India :
i) Ćeeuet Keeles ceW i) in Current Account 20901,20,65 18870,42,81
ii) DevĆe KeeleeW ceW ii) in Other Accounts 99,33,54 21000,54,19 112,70,13 18983,12,94
peeĆs[ (I SJeb II) Total (I & II) 22268,34,40 20394,41,61
DevegmetĆeer - 7yeQkeĆ¢ kesĆ¢ heeme Mes<e Deewj ceebie SJeb DeuHe metĆevee Hej HeĆefleosĆe jeefMe
SCHEDULE - 7BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE
I Yeejle ceW I In India
i) yewkeĆ¢eW kesĆ¢ Heeme Mes<e jkeĆ¢ce i) Balances with Banks
(keĆ¢) Ćeeuet KeeleeW ceW a) in Current Accounts 330,76,38 325,09,18
(Ke) DevĆe pecee KeeleeW ceW b) in Other Deposit Accounts 4105,69,13 4436,45,51 2178,74,98 2503,84,16
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(000ā DevebefkeĆ¢le omitted)
31 ceeĆe&, 2012 keĆ¢es As on 31st March 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st March 2011
` ` ` `
ii) ceebie Hej SJeb DeuHe metĆevee Hej HeĆefleosĆe ii) Money at call and short notice
(keĆ¢) yewkeĆ¢eW kesĆ¢ Heeme a) with Banks 60,00,00 -
(Ke) DevĆe mebmLeeveeW kesĆ¢ Heeme b) with Other Institutions - 60,00,00 - -
peeĆs[ (i SJeb ii) Total (i and ii) 4496,45,51 2503,84,16
II Yeejle mes yeenj II Outside India
i) Ćeeuet KeeleeW ceW i) in Current Accounts 7968,12,23 4971,43,05
ii) DevĆe pecee-jeefMe KeeleeW ceW ii) in Other Deposit Accounts 15829,53,01 11309,85,74
iii) ceebie SJeb DeuHe metĆevee Hej HeĆefleosĆe jeefMe iii) Money at Call and Short Notice 15247,89,52 12244,18,16
peeĆs[ (i,ii SJeb iii) Total (i, ii and iii) 39045,54,76 28525,46,95
kegĆ¢ue peeĆs[ (I SJeb II) Grand Total (I and II) 43542,00,27 31029,31,11
DevegmetĆeer - 8 efveJesMe
SCHEDULE - 8INVESTMENTS
I Yeejle ceW efvecve ceW efveJesMe I Investments in India in
i) mejkeĆ¢ejer HeĆefleYetefleĆeeb i) Govt Securities 70043,86,02 60092,29,43 ii) DevĆe Devegceesefole HeĆefleYetefleĆeeb ii) Other Approved
Securities 354,75,58 629,66,51 iii) MesĆej iii) Shares 1868,03,03 1532,77,66 iv) ef[yeWĆej SJeb yeeb[ iv) Debentures and Bonds 3292,91,03 2576,93,08
v) menĆeesieer FkeĆ¢eFĆeeW ceW efveJesMe [FmeceW #es$eerĆe ieĆeceerCe yeQkeĆ¢eW keĆ¢er MesĆej
Hetbpeer kesĆ¢ Ā¤He ceW yeQkeĆ¢ keĆ¢e DeefieĆce DebMeoeve `112.82 keĆ¢je s Ć[. (e fHeĆue s Je<e & `94.62 keĆ¢jes Ć[) Meeefceue nw pees DeeyebÅ”ve nsleg ueefcyele nQ.]
v) Investment in Associates [includes Bankās share
of contribution as advance of `112.82 crores (Previous Year `94.62 crores) towards Share Capital of RRBs pending allotment] 324,61,23 279,65,93
vi) DevĆe vi) Others 5084,31,81 3667,93,24peeĆs[ (i mes vi) Total (i to vi) 80968,48,70 68779,25,85II Yeejle mes yeenj efveJesMe II Investments Outside India in
i) mejkeĆ¢ejer HeĆe fleYete fleĆeeb (mLeeveerĆe HeĆeefOekeĆ¢jCeeW meefnle)
i) Govt Securities (incl. Local authorities) 3313,60,80 3039,45,12
ii) menĆeesieer FkeĆ¢eFĆeeW ceW efveJesMe ii) Investment in Associates 45,71,39 37,61,68 iii) DevĆe iii) Others 2369,19,47 2298,09,22peeĆs[ (i mes iii) Total (i to iii) 5728,51,66 5375,16,02kegĆ¢ue peeĆs[ (I SJeb II) Grand Total (I & II) 86697,00,36 74154,41,87III Yeejle ceW efveJesMe III Investments in India
efveJesMeeW keĆ¢e mekeĆ¢ue cetuĆe Gross value of Investments 81529,17,41 69120,68,65IeÅ”eSb: cetuĆeĆeme nsleg HeĆeJeOeeveeW keĆ¢e peeĆs[ Less: Aggregate of
Provisions for Depreciation 560,68,71 341,42,80 MegƦ efveJesMe Net Investments 80968,48,70 687792585IV Yeejle mes yeenj efveJesMe IV Investments outside India
efveJesMeeW keĆ¢e mekeĆ¢ue cetuĆe Gross value of Investments 5878,59,69 5518,37,19IeÅ”eSb: cetuĆeĆeme nsleg HeĆeJeOeeveeW keĆ¢e peeĆs[ Less: Aggregate of
Provisions for Depreciation 150,08,03 143,21,17 MegƦ efveJesMe Net Investments 5728,51,66 86697,00,36 5375,16,02 74154,41,87
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(000ā DevebefkeĆ¢le omitted)
31 ceeĆe&, 2012 keĆ¢es As on 31st March 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st March 2011
` ` ` `
DevegmetĆeer - 9 DeefieĆce SCHEDULE - 9 ADVANCES
keĆ¢. i) Kejeros Deewj YegveeS ieS efyeue A. i) Bills Purchased and Discounted 39163,13,03 29699,84,56
ii) vekeĆ¢oer $e+Ce, DeesJej [^eHeĆ¤Å” Deewj ceebie Hej ĆegkeĆ¢ewleer ĆeesiĆe $e+Ce
ii) Cash Credits, Overdrafts and Loans Repayable on Demand 123765,58,53 99592,12,58
iii) ceerĆeeoer $e+Ce iii) Term Loans 129148,42,13 102793,13,98
peeĆs[ (i mes iii) Total (i to iii) 292077,13,69 232085,11,12
Ke. i) cetle& DeeefmleĆeeW Ćeje mebjef#ele (yener $e+Ce keĆ¢er SJepe ceW DeefieĆceeW meefnle)
B. i) Secured by Tangible Assets(Includes advances against book debts) 194479,76,82 148950,49,26
ii) yewkeĆ¢eW/mejkeĆ¢ejer ieejbefÅ”ĆeeW Ćeje jef#ele ii) Covered by Bank/Government Guarantees 50443,30,96 33917,86,55
iii) iewj-peceeveleer iii) Unsecured 47154,05,91 49216,75,31
peeĆs[ (i mes iii) Total (i to iii) 292077,13,69 232085,11,12
ie. I Yeejle ceW DeefieĆce C. I Advances in India
i HeĆeLeefcekeĆ¢lee HeĆeHle #es$e i Priority Sector 65858,35,26 55715,64,27
ii meeJe&peefvekeĆ¢ #es$e ii Public Sector 23704,68,11 22996,88,61
iii yeQkeĆ¢ iii Banks 2112,62,71 561,97,67
iv DevĆe iv Others 112365,62,87 204041,28,95 91754,54,20 171029,04,75
II Yeejle mes yeenj DeefieĆce II Advances Outside India
i yeQkeĆ¢eW mes HeĆeHĆe i Due from Banks - 52,85,86
ii DevĆeeW mes HeĆeHĆe ii Due from Others
keĆ¢. Kejeros ieS Deewj YegveeS ieS efyeue
a) Bills purchased & Discounted 33344,02,10 25859,61,44
Ke. mecetn $e+Ce b) Syndicated Loans 12087,44,47 9532,22,74
ie. DevĆe c) Others 42604,38,17 88035,84,74 25611,36,33 61056,06,37
peeĆs[ (ie I + ie II) Total (C.I +C.II) 292077,13,69 232085,11,12
DevegmetĆeer-10 SCHEDULE - 10
DeĆeue DeeefmleĆeeb FIXED ASSETS
I Heefjmej I Premises
efJeiele Je<e& kesĆ¢ 31 ceeĆe& keĆ¢er ueeiele Hej (Hegvece&tequĆele jeefMe meefnle)
At cost as on 31st March of the preceding year (includes revalued amount) 2530,11,73 2486,69,96
Je<e& kesĆ¢ oewjeve HeefjJeOe&ve / meceeĆeespeve Additions/Adjustments during the year 99,94,90 45,56,20
2630,06,63 2532,26,16
IeÅ”eSb : Je<e& kesĆ¢ oewjeve keĆ¢Å”ewefleĆeeb Less : Deductions during the year 1,26,78 2,14,432628,79,85 2530,11,73
DeĆ eleve leejerKe keĆ¢es cetuĆeĆeme Depreciation to date 825,27,92 1803,51,93 722,78,38 1807,33,35
II DevĆe DeĆeue DeeefmleĆeeb(HeĆ¢veeaĆej SJeb efHeĆ¢keƤmeĆej meefnle)
II Other Fixed Assets (including Furniture & Fixtures) :
efJeiele Je<e& kesĆ¢ 31 ceeĆe& keĆ¢er ueeiele hej At cost as on 31st March of the preceding year 2167,11,20 1907,87,23
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(000ā DevebefkeĆ¢le omitted)
31 ceeĆe&, 2012 keĆ¢es As on 31st March 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st March 2011
` ` ` `
Je<e& kesĆ¢ oewjeve HeefjJeOe&ve / meceeĆeespeve Additions/Adjustments during the year 352,91,50 327,62,69
2520,02,70 2235,49,92
Je<e& kesĆ¢ oewjeve keĆ¢Å”ewefleĆeeb Deductions during the year 60,69,97 68,38,722459,32,73 2167,11,20
DeĆ eleve leejerKe lekeĆ¢ cetuĆeĆeme Depreciation to date 1841,74,57 617,58,16 1596,03,73 571,07,47
II keĆ¢. heĆ³s Hej oer ieF& DeeefmleĆeeb II A Leased Assets
ueeiele Hej At cost 19,34,17 17,73,91
Je<e& kesĆ¢ oewjeve heefjJeOe&ve / meceeĆeespeve Additions/Adjustments during the year 3,27,77 2,87,72
22,61,94 20,61,63
Je<e& kesĆ¢ oewjeve keĆ¢Å”ewefleĆeeb ĆeeJeOeeveeW meefnle. Deductions during the year incl. Provisions 13,95,89 1,27,46
8,66,05 19,34,17
legueve-he$e keĆ¢er leejerKe lekeĆ¢ cetuĆeĆeme Depreciation to date 1,57,13 7,08,92 14,55,04 4,79,13
peeĆs[ (I, II SJeb II keĆ¢) Total (I, II and IIA) 2428,19,01 2383,19,95
DevegmetĆeer - 11 SCHEDULE - 11
DevĆe DeeefmleĆeeb OTHER ASSETS
I Deblej keĆ¢eĆee&ueĆe meceeĆeespeve (MegƦ) I Inter-Office Adjustments (Net) 392,47,97 233,13,53
I GHeefĆele yĆeepe I Interest Accrued 3530,54,00 2471,06,84
II DeefieĆce keĆ¢j Yegieleeve/Åeesle Hej keĆ¢j keĆ¢Å”ewleer (ĆeeJeOeeveeW keĆ¢e efveJeue)
II Tax paid in advance/tax deducted at source (net of Provisions) 2017,81,20 1330,79,71
III mŔsMevejer SJeb mŔwche III Stationery and Stamps 7,18,28 7,45,91
IV DeemLeefiele keĆ¢j DeeefmleĆeeb IV Deferred Tax assets 11,90,31 6,24,49
V DevĆe V Others 4439,41,09 2118,60,43
peeĆs[ (I mes V) Total (I to V) 10399,32,85 6167,30,91
DevegmetĆeer - 12 SCHEDULE - 12
DeekeĆ¢efmcekeĆ¢ osĆeleeSb CONTINGENT LIABILITIES
I oeJes efpevnW $e+Ce veneR ceevee ieĆee I Claims not acknowledged as debts 78,60,61 238,22,64
II DeebefMekeĆ¢ ĆegkeĆ¢lee efveJesMeeW kesĆ¢ efueS osĆelee II Liability for partly paid Investments 28,00 28,00
III yekeĆ¢eĆee JeeĆeoe efJeefveceĆe mebefJeoeDeeW kesĆ¢ keĆ¢ejCe osĆelee
III Liability on account of outstanding forward exchange contracts 93060,59,01 78454,09,29
IV mebIeÅ”keĆ¢eW keĆ¢er Deesj mes oer ieF& ieejbefÅ”Ćeeb IV Guarantees given on behalf of constituents :
keĆ¢) Yeejle ceW a) In India 13791,49,63 11798,07,99
Ke) Yeejle mes yeenj b) Outside India 10331,24,44 24122,74,07 7904,98,74 19703,06,73
V mJeerke=Ć¢efleĆeeb, HejebkeĆ¢ve Deewj DevĆe oeefĆelJe V Acceptances, Endorsements and Other Obligations 18165,81,55 15017,44,01
VI DeekeĆ¢efmcekeĆ¢ osĆelee keĆ¢er DevĆe ceoW VI Other items of contingent liability 17726,95,68 14149,25,13
peeĆs[ (I mes VI) Total ( I to VI) 153154,98,92 127562,35,80
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(000ā DevebefkeĆ¢le omitted)
31 ceeĆe&, 2012 keĆ¢es As on 31st March 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st March 2011
` ` ` `
DevegmetĆeer - 13 Deefpe&le yĆeepe SJeb ueeYeebMe
SCHEDULE - 13 INTEREST AND DIVIDENDS EARNED
I DeefieĆceeW/efyeueeW Hej yĆeepe/yeĆ³e
I Interest/Discount on Advances/Bills 22866,00,82 16550,75,75
II efveJesMe Hej DeeĆe II Income on Investments 6435,99,52 5006,87,91
III YeejleerĆe efjpeJe& yeQkeĆ¢ Mes<e Deewj DevĆe Devlej yeQkeĆ¢ efveefOeĆeeW kesĆ¢ Mes<e hej yĆeepe
III Interest on Balances with Reserve Bank of India and other Inter-Bank Funds 901,69,34 519,54,44
IV DevĆe IV Others 284,79,68 436,12,44
peeĆs[ (I mes IV) TOTAL Total ( I to IV) 30488,49,36 22513,30,54
DevegmetĆeer - 14 DevĆe DeeĆe
SCHEDULE - 14 OTHER INCOME
I keĆ¢ceerMeve, efJeefveceĆe SJeb oueeueer I Commission, Exchange and Brokerage 1274,15,11 1063,56,69
II Yetefce, YeJeve Deewj DevĆe DeeefmleĆeeW keĆ¢er efyeāŗeĆ¢er Hej ueeYe/(neefve) (MegƦ)
II Profit / (Loss) on sale of Land, Buildings and Other Assets (Net) 79,87 (12,67)
III efJeefveceĆe uesve-osve Hej ueeYe (MegƦ) III Profit on Exchange Transactions (Net) 702,63,74 530,23,17
IV efveJesMe keĆ¢er efyeāŗeĆ¢er Hej ueeYe (MegƦ) IV Profit on sale of Investments (Net) 609,46,61 475,16,82
V efveJesMeeW kesĆ¢ Hegvecet&uĆebekeĆ¢ve Hej ueeYe/(neefve) (MegƦ)
V Profit / (Loss) on revaluation of Investments (Net) 52,17 2,43,55
VI Deefpe&le ĆøeerefceĆece VI Premium earned 569,52,83 351,03,78
VII efJeefJeOe DeeĆe VII Miscellaneous Income 943,31,33 864,78,68
peeĆs[ (I mes V) TOTAL Total ( I to VII) 4100,41,66 3287,10,02
DevegmetĆeer - 15 yĆeepe JĆeĆe
SCHEDULE - 15INTEREST EXPENDED
I pecee jeefMeĆeeW Hej yĆeepe I Interest on Deposits 18146,99,74 12161,40,49
II YeejleerĆe efj]peJe& yeQkeĆ¢/ Devlej yeQkeĆ¢ GOeej jeefMeĆeeW Hej yĆeepe
II Interest on Reserve Bank of India/Inter-Bank Borrowings 641,92,27 348,15,21
III DevĆe III Others 935,42,34 840,03,96
peeĆs[ (I mes III) TOTAL Total ( I to III) 19724,34,35 13349,59,66
mecesefkeĆ¢le ueeYe Je neefve uesKes keĆ¢er DevegmetefĆeĆeebSchedules to Consolidated Profit & Loss Account
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(000ā DevebefkeĆ¢le omitted)
31 ceeĆe&, 2012 keĆ¢es As on 31st March 2012
31 ceeĆe&, 2011 keĆ¢esAs on 31st March 2011
` ` ` `
DevegmetĆeer - 16 HeefjĆeeueve JĆeĆe
SCHEDULE - 16OPERATING EXPENSES
I keĆ¢ce&ĆeeefjĆeeW keĆ¢es Yegieleeve SJeb GvekesĆ¢ efueS HeĆeJeOeeve
I Payments to and Provisions for Employees 3117,26,75 3018,45,77
II efkeĆ¢jeĆee, keĆ¢j SJeb efJeĆ egle II Rent, Taxes and Lighting 439,41,97 379,52,50
III cegƵCe SJeb mÅ”sMevejer III Printing and Stationery 42,01,31 36,12,76
IV efJe%eeHeve SJeb HeĆĆeej IV Advertisement and Publicity 75,21,34 71,22,40
V keĆ¢) HeĆ³eke=Ć¢le DeeefmleĆeeW kesĆ¢ DeueeJee yeQkeĆ¢ keĆ¢er mebHeefĆ²eĆeeW Hej cetuĆeĆeme
V a) Depreciation on Bankās Property other than Leased Assets 294,47,07 259,16,14
Ke) HeĆ³eke=Ć¢le DeeefmleĆeeW Hej cetuĆeĆeme b) Depreciation on Leased Assets 1,01,09 295,48,16 54,24 259,70,38
VI efveosMekeĆ¢eW keĆ¢er HeĆ¢erme, YeĆ²es SJeb JĆeĆe VI Directorsā Fees, Allowances and Expenses 2,49,19 1,62,57
VII uesKee Hejer#ekeĆ¢eW keĆ¢er HeĆ¢erme SJeb JĆeĆe (MeeKee uesKee-Hejer#ekeĆ¢eW keĆ¢er HeĆ¢erme SJeb
JĆeĆe meefnle)
VII Auditorsā Fees and Expenses (including Branch Auditorsā Fees and Expenses) 41,11,14 40,31,62
VIII efJeefOe HeĆYeej VIII Law Charges 24,03,73 21,05,36
IX [ekeĆ¢ JĆeĆe, leej SJeb otjYee<e Deeefo IX Postages, Telegrams, Telephones etc. 103,65,53 93,00,71
X cejccele SJeb jKe jKeeJe X Repairs and Maintenance 174,32,70 116,26,99
XI yeercee XI Insurance 284,13,69 235,88,94
XII DevĆe JĆeĆe XII Other Expenditure 856,38,98 577,38,58
peeĆs[ (I mes XII) TOTAL (I to XII) 5455,54,49 4850,58,58
DevegmetĆeer - 17 menĆeesieer FkeĆ¢eFĆeeW ceW DeeĆe keĆ¢e DebMe
SCHEDULE - 17SHARE OF EARNINGS IN ASSOCIATES
I DeejDeejyeer I RRBās 51,38,36 39,28,41
II DevĆe II Others 1,74,04 (4,56,60)
peeĆs[ (I Deewj II) Total (I & II) 53,12,40 34,71,81
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DevegmetĆeer 18: 31 ceeĆe& 2012 keĆ¢es meceehle Je<e& kesĆ¢ efueS mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeW keĆ¢er cenlJehetCe& uesKeebkeĆ¢ve veerefleĆeeb Schedule 18 : Significant Accounting Policies on the Consolidated Financial Statements for the year ended 31st March 2012
1. mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeb lewĆeej keĆ¢jves keĆ¢e DeeOeej
1.1 lewĆeejer keĆ¢jves keĆ¢e DeeOeej
yeQkeĆ¢ (cetue), FmekeĆ¢er Deveg<ebefieĆeeW mebĆegĆ²eĆ¢ GĆ eceeW Deewj menĆeesieer FkeĆ¢eFĆeeW keĆ¢er mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeb (meerSHeĆ¢Sme) HejcHejeiele ueeiele kesĆ¢ DeeOeej Hej yeveeF& ieF& nQ Deewj meYeer JeemleefJekeĆ¢ HenuegDeeW kesĆ¢ meboYe& ceW, Yeejle keĆ¢er MeeKeeDeeW/keĆ¢eĆee&ueĆeeW kesĆ¢ efJe<eĆe ceW Yeejle ceW Deewj efJeosMeer MeeKeeDeeW/keĆ¢eĆee&ueĆeeW kesĆ¢ efJe<eĆe ceW mebyeƦ osMe ceW HeĆĆeeefuele meebefJeefOekeĆ¢ HeĆeJeOeeveeW SJeb efJeOeeDeeW kesĆ¢ DevegĀ¤He, peye lekeĆ¢ efkeĆ¢ keĆ¢esF& DevĆeLee GuuesKe ve efkeĆ¢Ćee ieĆee nes, yeveeF& ieF& nQ.
1.2 Devegceeveesb keĆ¢e GheĆeesie
efJeĆ²eerĆe efJeJejCeeW keĆ¢es lewĆeej keĆ¢jves ceW efJeĆ²eerĆe efJeJejCe keĆ¢er leejerKe keĆ¢es efjHeesÅ”& keĆ¢er ieF& Deeefmle SJeb osĆeleeDeeW (DeekeĆ¢efmcekeĆ¢ osĆeleeDeeW meefnle) leLee efjHeesÅ”& keĆ¢er ieF& DeJeefOe nsleg DeeĆe SJeb JĆeĆe mebyebOeer jeefMe keĆ¢es efjHeesÅ”& keĆ¢jves nsleg HeĆyebOeve keĆ¢es kegĆ¢Ć DevegceeveeW Deewj DeekeĆ¢ueveeW keĆ¢es DeeOeej yeveevee HeĆ[lee nw. HeĆyebOeve keĆ¢e efJeMJeeme nw efkeĆ¢ efJeĆ²eerĆe efJeJejCe keĆ¢es lewĆeej keĆ¢jves kesĆ¢ efueS HeĆĆegkeƤle DeekeĆ¢ueve efJeJeskeĆ¢HetCe& Deewj GefĆele nw.
2. meceskeĆ¢ve HeĆefāŗeĆ¢Ćee
2.1 mecetn (12 Deveg<ebefieĆeeb, 7 menĆeesieer FkeĆ¢eFĆeeW leLee 2 mebĆegkeƤle GĆ ece) keĆ¢er mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeb efvecveefueefKele kesĆ¢ DeeOeej hej lewĆeej keĆ¢er ieF& nQ :
keĆ¢) yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (cetue) kesĆ¢ uesKee-hejeref#ele Keeles
Ke) Deveg<ebefieĆeeW keĆ¢er Deeefmle/osĆelee/DeeĆe/JĆeĆe keĆ¢er ĆelĆeskeĆ¢ ceo keĆ¢e cetue mebmLee keĆ¢er mebyebefOele ceo kesĆ¢ meeLe ueeFve-Å”t-ueeFve SkeĆ¢$eerkeĆ¢jCe leLee YeejleerĆe meveoer uesKeekeĆ¢ej mebmLeeve (DeeF&meerSDeeF&) Ćeje peejer uesKeekebĆ¢ve ceevekeĆ¢ (SSme-21) kesĆ¢ Devegmeej meYeer FvÅ”^e Ā«eghe Mes<eeW/mebJĆeJenejeW Deewj Jemetue ve efkeĆ¢S ieS ueeYe/neefve keĆ¢es keĆ¢ce keĆ¢jles ngS.
ie) menĆeesieer mebmLeeDeeW ceW efveJesMe keĆ¢e uesKeebkeĆ¢ve uesKee Hejeref#ele efJeĆ²eerĆe efJeJejefCeĆeeW kesĆ¢ DeeOeej Hej DeeF&meerSDeeF& Ćeje peejer āāDekeĆ¢eGbefÅ”bie HeĆ¢e@j FveJesmÅ”ceWÅ” Fve SmeesefmeSÅ”dme Fve keĆ¢vemeeefue[sÅ”s[ HeĆ¢eFveWefMeĆeue mÅ”sÅ”ceWÅ”dmeāā S Sme 23 FefkeƤJeÅ”er HeĆCeeueer kesĆ¢ DevegĀ®He efkeĆ¢Ćee ieĆee nw.
Ie) mebĆegĆ²eĆ¢ GĆ eceeW ceW efveJesMe, DeeF&meerSDeeF& Ćeje peejer SSme-27 (HeĆ¢eĆeveWefMeĆeue efjheese\Å”ie Dee@HeĆ¢ FvÅ”sjmÅ” Fve pJeeFbÅ” JeWĆej) ceW efveOee&efjle āāmeceevegheeeflekeĆ¢ DeeOeejāā hej mecesefkeĆ¢le efkeĆ¢Ćee ieĆee nw.
2.2 uesKeebkeĆ¢ve veerefleĆeeW ceW Devlej nesves keĆ¢er efmLeefle ceW Deveg<ebefieĆeeW, mebĆegkeƤle GĆ ece SJeb menĆeesieer FkeĆ¢eFĆeeW keĆ¢er efJeĆ²eerĆe efJeJejefCeĆeeW keĆ¢es, peneb keĆ¢neR DeeJeMĆekeĆ¢ leLee JĆeJeneefjkeĆ¢ nes, cetue keĆ¢er uesKee-veerefleĆeeW kesĆ¢ DevegĀ®He meceeĆeesefpele efkeĆ¢Ćee ieĆee nw.
2.3 mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeW kesĆ¢ ceeFveesefjÅ”er FvÅ”jsmÅ” ceW Deveg<ebefieĆeeW keĆ¢er MegƦ FefkeƤJeÅ”er/ueeYe ceW ceeFveesefjÅ”er MesĆejOeejkeĆ¢eW kesĆ¢ DebMe meceeefnle nw.
1. BASiS OF PREPARAtiOn OF COnSOLiDAtED FinAnCiAL StAtEMEntS
1.1 BASIS OF PREPARATION:
Consolidated Financial Statements (CFS) of the Bank (Parent), its subsidiaries, joint ventures and associates are drawn up on historical cost basis and conform in all material aspects to statutory provisions and practices prevailing in India in respect of Indian offices / branches and respective foreign countries in respect of foreign offices / branches, unless otherwise stated.
1.2 USE OF ESTIMATES:
The preparation of financial statements requires the management to make estimates and assumptions considered in the reported amount of assets and liabilities (including contingent liabilities) as of date of the financial statements and the reported income and expenses for the reporting period. Management believes that the estimates used in the preparation of the financial statements are prudent and reasonable.
2. COnSOLiDAtiOn PROCEDURE:
2.1 CFS of the group (comprising of -12- Subsidiaries, -7- Associates and -2- Joint Ventures) have been prepared on the basis of :
a. Audited accounts of Bank of Baroda (Parent).
b. Line by line aggregation of each item of asset/liability/income/expense of the subsidiaries with the respective item of the Parent, and after eliminating all material intra-group balances / transactions, unrealised profit/loss as per AS 21 (Consolidated Financial Statements) issued by the Institute of Chartered Accountants of India (ICAI).
c. Investments in Associates are accounted for under the Equity Method as per AS 23 (Accounting for Investments in Associates in Consolidated Financial Statements) issued by ICAI based on the audited Financial Statements of the associates.
d. Interests in Joint Ventures are consolidated on āProportionate consolidation methodā as prescribed in AS 27 (Financial Reporting of Interests in Joint Ventures) issued by ICAI.
2.2 In case of difference in Accounting Policies, the Financial Statements of Subsidiaries, Joint ventures and Associates are adjusted, wherever necessary and practicable, to conform to the Accounting Policies of the Parent.
2.3 Minority interest in the CFS consists of the share of the minority shareholders in the net equity / profit of the subsidiaries.
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2.4 cetue mebmLee Ćeje FmekeĆ¢er Deveg<ebefieĆeeW ceW efkeĆ¢S ieS efveJesMe keĆ¢er ueeiele Deewj Deveg<ebefieĆeeW ceW FefkeƤJeÅ”er ceW cetue mebmLee kesĆ¢ efnmmes keĆ¢er ueeiele Deblej keĆ¢es ieg[efJeue/HeĆejef#ele Hetbpeer, pewmee Yeer ceeceuee nes, kesĆ¢ Ā¤He ceW ceevee ieĆee nw.
3. efveJesMe 3.1 JeieeakeĆ¢jCe cetue mebmLee leLee FmekeĆ¢er Iejsuet Deveg<ebefieĆeeW kesĆ¢ efveJesMe HeesÅ”&HeĆ¢esefueĆees keĆ¢es
YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMee efveoxMeevegmeej efvecveevegmeej JeieeakeĆ¢=le efkeĆ¢Ćee ieĆee nw :(keĆ¢) āāHeefjHekeƤJelee lekeĆ¢ Oeeefjleāā efveJesMe jeefMeĆeeW ceW HeefjHekeƤJelee lekeĆ¢ jKeves
kesĆ¢ GƶsMĆe mes HeĆeHle efveJesMe Meeefceue nQ.(Ke) āāJĆeeHeej nsleg Oeeefjleāā ceW Jes efveJesMe Meeefceue nQ efpevnW JĆeeHeej kesĆ¢ GƶsMĆe
mes HeĆeHle efkeĆ¢Ćee ieĆee nw.(ie) āāefyeāŗeĆ¢er nsleg GHeueyOeāā ceW Jes efveJesMe Meeefceue nQ pees GHejeskeƤle āākeĆ¢āā leLee
āāKeāā ceW Meeefceue veneR nQ DeLee&led pees ve lees JĆeeHeej kesĆ¢ GƶsMĆe mes HeĆeHle efkeĆ¢S ieS nQ Deewj ve ner HeefjHekeƤJelee lekeĆ¢ jKeves kesĆ¢ GƶsMĆe mes HeĆeHle efkeĆ¢S ieS nQ.
3.2 DeefOeĀ«enCe ueeiele
efveJesMeeW kesĆ¢ DeefOeĀ«enCe keĆ¢er ueeiele-ĆeeslmeenveeW, ĆøebĆ¢Å” SC[ heĆ¢erme SJeb keĆ¢ceerMeve keĆ¢e kegĆ¢ue Ćeesie nw.
3.3 cetuĆeebkeĆ¢ve keĆ¢e DeeOeej
āāHeefjHekeƤJelee lekeĆ¢ Oeeefjleāā kesĆ¢ Ā®He ceW JeieeakeĆ¢=le efveJesMeeW keĆ¢es Yeeefjle Deewmele Deefpe&le ueeiele Hej efueĆee ieĆee nw, Ćeefo Jen DebefkeĆ¢le cetuĆe mes DeefOekeĆ¢ vener nQ. efJehejerle efmLeefle ceW HeĆerefceĆece keĆ¢es HeefjHekeƤJelee keĆ¢er Mes<e DeJeefOe lekeĆ¢ HeefjMeesefOele efkeĆ¢Ćee ieĆee nw.
āāHeefjHekeƤJelee lekeĆ¢ Oeeefjleāā kesĆ¢ Ā®He ceW Jeieeake=Ć¢le efveJesMeeW ceW Ssmes ef[yeWĆej/yeeb[dme Meeefceue nQ efpevnW mJeĀ¤He/HeĆke=Ć¢efle keĆ¢er Ćef<Å” mes DeefieĆce ceevee peelee nw (efpevekesĆ¢ efueS DeefieĆceeW hej ueeiet Deeefmle JeieeakeĆ¢jCe Deewj HeĆeJeOeeveerkeĆ¢jCe mebyebOeer YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efJeJeskeĆ¢HetCe& ceeveob[ ueeiet keĆ¢jles ngS HeĆeJeOeeve efkeĆ¢Ćee ieĆee nw.)
#es$eerĆe ieĆeceerCe yeQkeĆ¢eW ceW, Å”^s]pejer efyeueeW, keĆ¢ceefMe&Ćeue HesHeme&, Fbefoje efJekeĆ¢eme-He$e, efkeĆ¢meeve efJekeĆ¢eme He$e Deewj pecee HeĆceeCe He$e ceW efkeĆ¢S ieS efveJesMeeW keĆ¢es jKeeJe ueeiele DeeOeej hej cetuĆeebkeĆ¢ve efkeĆ¢Ćee ieĆee nw.
23.08.2006 kesĆ¢ heĀ§eeled cetue Ćeje JeermeerSheĆ¢ keĆ¢er F&keĆ¢eFĆeeW ceW efkeĆ¢S ieS efveJesMe keĆ¢es DeejefcYekeĆ¢ leerve Je<eeX kesĆ¢ efueS heefjhekeƤJelee lekeĆ¢ Oeeefjle ĆesCeer ceW Jeieeake=Ć¢le efkeĆ¢Ćee ieĆee nw leLee keĆ¢ercele kesĆ¢ DeeOeej hej cetuĆeebkeĆ¢ve efkeĆ¢Ćee ieĆee nw. mebefJelejCe kesĆ¢ leerve Je<eeX kesĆ¢ heĀ§eeled FvnW SSheĆ¢Sme ceW Debleefjce keĆ¢e efoĆee peeSiee leLee YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMeeefveoxMeeW kesĆ¢ Devegmeej yeepeej efĆeefvnle jKee peeSiee.
āāJĆeeHeej kesĆ¢ efueS Oeeefjleāā SJeb āāefyeāŗeĆ¢er kesĆ¢ efueS GHeueyOeāā kesĆ¢ Ā®He ceW Jeieeake=Ć¢le efveJesMe yeepeej efmāŗeĆ¢HeJeej efĆeefĆle efkeĆ¢Ćee ieĆee nQ leLee legueve He$e ceW HeĆlĆeskeĆ¢ ĆesCeer ceW oMee&S ieS HeefjCeeceer MegƦ cetuĆeĆeme Ćeefo keĆ¢esF& nw, keĆ¢es ueeYe neefve Keeles ceW mLeeve efoĆee ieĆee nw. peye efkeĆ¢ MegƦ cetuĆeJe=efƦ Ćeefo keĆ¢esF& nes, keĆ¢es ĆeĆs[ efoĆee ieĆee nw.
JĆeeHeej kesĆ¢ efueS Oeeefjle ĆesCeer kesĆ¢ lenle Å”^spejer efyeueeW ceW ĆøeeLeefcekeĆ¢ [eruej kesĆ¢ Ā¤He ceW cetue yeQkeĆ¢ Ćeje efkeĆ¢Ćes ieĆes efveJesMe keĆ¢e jKe-jKeeJe ueeiele Hej ceguĆeebkeĆ¢ve efkeĆ¢Ćee ieĆee nw.
āāJĆeeHeej kesĆ¢ efueS Oeeefjleāā leLee āāefyeāŗeĆ¢er kesĆ¢ efueS GHeueyOeāā ĆesCeer kesĆ¢ efveJesMeeW kesĆ¢ cetuĆeebkeĆ¢ve kesĆ¢ efueS yee]peej mÅ”e@keĆ¢ SkeƤmeĆeWpe ceW GodOe=le ojW HeĆeFcejer [erueme& SmeesefmeSMeve Dee@HeĆ¢ FefC[Ćee (Heer[erSDeeF&) efHeĆ¢keƤm[ FvkeĆ¢ce ceveer ceekexĆ¢Å” SC[ [sefjJesefÅ”Jme SmeesefmeSMeve (SHeĆ¤Ć¢DeeF&SceSce[erS) Ćeje Ieesef<ele ojeW keĆ¢e GHeĆeesie efkeĆ¢Ćee ieĆee nw.
efpeve efveJesMeeW kesĆ¢ efueS Ssmeer ojW / GodOe=le ojbs GHeueyOe veneR nQ, GvekeĆ¢e cetuĆeebkeĆ¢ve
2.4 The difference between cost to the Parent of its initial investment in the subsidiaries and the Parentās portion of the equity of the subsidiaries is recognized as goodwill/ capital reserve as the case may be.
3. inVEStMEntS:
3.1 Classification
The Investment portfolio of the Parent and its domestic subsidiaries is classified in accordance with Reserve Bank of India guidelines into:
(a) āHeld to Maturityā (HTM) comprising investments acquired with the intention to hold them till maturity.
(b) āHeld for Tradingā (HFT) comprising investments acquired with the intention to trade.
(c) āAvailable for Saleā (AFS) comprising investments not covered by (a) and (b) above i.e. those which are acquired neither for trading purposes nor for being held till maturity.
3.2 Acquisition Cost
Cost of Acquisition of Investments is net of incentives, front-end fees and commission.
3.3 Basis of Valuation
Investments classified as HTM are carried at weighted average acquisition cost unless it is more than the face value, in which case the premium is amortized over the period remaining to maturity.
Investments classified as HTM includes debentures / bonds which are deemed to be in the nature of / treated as advances (for which provision is made by applying the RBI prudential norms of assets classification and provisioning applicable to advances).
Investments in Regional Rural Banks, Treasury Bills, Commercial Papers and Certificates of Deposit which have been valued at carrying cost.
Parentās investment in units of VCFs made after 23.08.2006 are classified under HTM category for initial period of three years and are valued at cost. After period of three years from date of disbursement, it will be shifted to AFS and marked-to-market as per RBI guidelines.
Investments classified as HFT and AFS are marked to market, scrip-wise and the resultant net depreciation if any in each category disclosed in the Balance Sheet is recognized in the Profit and Loss Account, while the net appreciation, if any, is ignored.
Investments made by the Parent as Primary Dealer in Treasury Bills under HFT category have been valued at carrying cost.
For the purpose of valuation of quoted investments in HFT and AFS categories, the market rates/quotes on the Stock exchanges, the rates declared by Primary Dealers Association of India (PDAI)/ Fixed Income Money Market and Derivatives Association (FIMMDA)/ Foreign Exchange Dealers Association of India (FEDAI) are used.
Investments for which such rates / quotes are not
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YeejleerĆe efj]peJe& yeQkeĆ¢ (DeejyeerDeeF&) Ćeje efveOee&efjle ceeveoC[eW kesĆ¢ Devegmeej efkeĆ¢Ćee ieĆee nw pees efvecveevegmeej nQ :-
keĆ¢. mejkeĆ¢ejer/Devegceesefole HeĆefleYetefleĆeeb
- HeefjHekeƤJelee HeĆefleHeĆ¤Ć¢ue kesĆ¢ DeeOeej Hej
Ke. FefkeƤJeÅ”er MesĆej, HeerSmeĆet SJeb Å”^mÅ”er MesĆej
- DeĆ eleve legueveHe$e (12 ceen mes DeefOekeĆ¢ Hegjevee veneR) kesĆ¢ Devegmeej yener cetuĆe Hej DevĆeLee `1 HeĆefle kebĆ¢Heveer
ie. DeefOeceeveer MesĆej - HeefjHekeƤJelee HeĆefleHeĆ¤Ć¢ue kesĆ¢ DeeOeej Hej, mecegefĆele āŗesĆ¢ef[Å” mĆøes[ ceeke&Ć¢DeHe meefnle
Ie. HeerSmeĆet yee@v[ - mecegefĆele āŗesĆ¢ef[Å” mHeĆs[ ceeke&Ć¢-DeHe kesĆ¢ meeLe HeefjHekeƤJelee HeĆefleHeĆ¤Ć¢ue kesĆ¢ DeeOeej Hej
* cĆegĆe gDeue HeƤ bĆ¢[ keĆ¢e r ĆetefveÅ”W
- HeƤbĆ¢[ Ćeje HeĆlĆeskeĆ¢ mkeĆ¢erce kesĆ¢ mebyebOe ceW Ieesef<ele DeĆ eleve HegveKe&jero cetuĆe/MegƦ Deeefmle cetuĆe SveSJeer Hej
Će. GĆ ece Hetbpeer - uesKee Hejeref#ele legueve He$e kesĆ¢ Devegmeej Ieesef<ele SveSJeer peesefkeĆ¢ 18 ceen mes pĆeeoe Hegjeveer ve nes, Ćeefo ueieeleej 18 ceen mes DeefOekeĆ¢ kesĆ¢ SveSJeer Ćee uesKee Hejeref#ele efJeĆ²eerĆe DeebkeĆ¢Ć[s GHeueyOe ve neW lees HeĆefle GĆ ece Hetbpeer efveefOe (JeerSmeSHeĆ¤Ć¢) `1/-
3.4 efveJesMeeW keĆ¢e efvemleejCe
āāHeefjHekeƤJelee lekeĆ¢ Oeeefjleāā kesĆ¢ Ā®He ceW Jeieeake=Ć¢le efveJesMeeW keĆ¢er efyeāŗeĆ¢er Hej ueeYe/neefve keĆ¢es mebyebefOele efveJesMeeW keĆ¢er Yeeefjle Deewmele ueeiele/yener cetuĆe kesĆ¢ DeeOeej Hej ueeYe SJeb neefve Keeles ceW DebefkeĆ¢le efkeĆ¢Ćee peelee nw SJeb āāHeefjHekeƤJelee lekeĆ¢ Oeeefjleāā JeieeakeĆ¢jCe ceW mebyebefOele efveJesMeeW kesĆ¢ yener cetuĆe kesĆ¢ meceleguĆe ueeYe keĆ¢es HeĆejef#ele Hetbpeer Keeles ceW efJeefveĆeesefpele efkeĆ¢Ćee peelee nw.
SSheĆ¢Sme/SĆeSheĆ¢Å”er ĆesCeer kesĆ¢ efveJesMeeW keĆ¢er efyeāŗeĆ¢er hej ngF& ueeYe/neefve keĆ¢es ueeYe SJeb neefve Keeles ceW efueĆee ieĆee nw.
3.5 yeQkeĆ¢ kesĆ¢ Ćeje efveJesMeeW kesĆ¢ efueS, efveheÅ”eve leejerKe DeeOeej hej meceĀ®he uesKee ĆeCeeueer keĆ¢e DevegmejCe efkeĆ¢Ćee pee jne nw.
3.6 efJeosMeer MeeKeeDeeW ceW efveJesMe kesĆ¢ mecyebOe ceW YeejleerĆe efj]peJe& yeQkeĆ¢ DeLeJee cespeyeeve osMeeW kesĆ¢ efoMee-efveoxMeeW keĆ¢e, oesveeW ceW mes pees DeefOekeĆ¢ keĆ¢"esj neW, keĆ¢e DevegHeeueve efkeĆ¢Ćee peelee nw. Ssmeer MeeKeeDeeW kesĆ¢ ceeceues ceW pees Ssmes osMeeW ceW efmLele nw peneb keĆ¢esF& efJeefMe<Å” efoMeeefveoxMe veneR nw, YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMeeefveoxMeeW keĆ¢e Heeueve efkeĆ¢Ćee peelee nw.
3.7 Fve ĆesefCeĆeeW kesĆ¢ yeerĆe HeĆefleYetefleĆeeW kesĆ¢ DeblejCe keĆ¢er ieCevee, DeblejCe keĆ¢er leejerKe keĆ¢es GmekeĆ¢er DeefOeieĆnCe ueeiele/yener cetuĆe/ yeepeej cetuĆe ceW mes pees Yeer keĆ¢ce nes, Hej keĆ¢er ieF& nw Deewj Ssmes DeblejCe kesĆ¢ HeĆ¤Ć¢uemJeĀ¤He DeeS cetuĆeĆeme, Ćeefo keĆ¢esF& nw, kesĆ¢ efueS HeĆeJeOeeve efkeĆ¢Ćee ieĆee nw.
3.8 Iejsuet iewjefve<heeokeĆ¢ ĆeefleYetefleĆeeW mes mebyebefOele DeeĆe keĆ¢es veneR efueĆee ieĆee nw. Deewj Fve ĆeefleYetefleĆeeW kesĆ¢ cetuĆe ceW cetuĆeĆeme kesĆ¢ efueS YeejleerĆe efj]peye& yeQkeĆ¢ kesĆ¢ efveoxMeevegmeej ĆeeJeOeeve efkeĆ¢Ćee ieĆee nw.
3.9 jshees / efjJeme& jshees yeQkeĆ¢ ves Hegve: Kejero leLee HeĆlĆeeJeefle&le Hegve: Kejero uesveosveeW keĆ¢es uesKeebefkeĆ¢le
available are valued as per norms laid down by Reserve Bank of India, which are as under: -
a Government / Approved securities
- On Yield to Maturity basis.
b Equity Shares, PSU and Trustee shares
- At book value as per the latest Balance Sheet (not more than 12 months old), otherwise Re.1 per company.
c Preference Shares
- On Yield to Maturity basis with appropriate credit spread mark-up.
d PSU Bonds - On Yield to Maturity basis with appropriate credit spread mark-up.
e Units of Mutual Funds
- At the latest repurchase price / NAV declared by the Fund in respect of each scheme.
f Venture Capital
- Declared NAV or break up NAV as per audited balance sheet which is not more than 18 months old. If NAV/ audited financials are not available for more than 18 months continuously then at Re. 1/- per VCF.
3.4 Disposal of Investment
Profit / loss on sale of investments classified as HTM is recognized in the Profit and Loss account based on the weighted average cost / book value of the related investments and an amount equivalent of profit on sale of investments in HTM classification is appropriated to Capital Reserve Account.
Profit /loss on sale of Investment in AFS/HFT category is recognized in Profit and Loss account.
3.5 The Parent is following uniform methodology of accounting for investments on settlement date basis.
3.6 In respect of Investments at Overseas Branches, Reserve Bank of India guidelines or those of the host countries, whichever are more stringent are followed. In case of those branches situated in countries where no guidelines are specified, the guidelines of the Reserve Bank of India are followed.
3.7 The transfer of a security between these categories is accounted for at the acquisition cost / book value / market value on the date of transfer, whichever is the least, and the depreciation, if any, on such transfer is fully provided for.
3.8 In respect of domestic non-performing securities, income is not recognised, and provision is made for depreciation in the value of such securities as per RBI guidelines.
3.9 REPO / REVERSE REPO
The Parent has adopted the Uniform Accounting Procedure prescribed by the RBI for accounting of market Repo and Reverse Repo transactions [other
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keĆ¢jves nsleg YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje yeleeF& ieF& SkeĆ¢ meceeve uesKee HeĆCeeueer keĆ¢es DeHeveeĆee nw. jshees / efjJeme& jshees Keeles ceW Mes<e jeefMe keĆ¢es efveJesMe Keeles ceW Mes<e jeefMe keĆ¢er SJepe ceW meceeĆeesefpele keĆ¢er ieF& nw. (YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ meeLe Ćeue efveefOe meceeĆeespeve Ćeespevee (SueSSHeĆ¢) kesĆ¢ Debleie&le ngS uesveosveeW keĆ¢es ĆeĆs[keĆ¢j). efjHees SJeb efjJeme& efjHees uesveosveeW keĆ¢es, mencele MeleeX Hej HegveKe&jero keĆ¢jves kesĆ¢ mecePeewles kesĆ¢ meeLe mebHeeeqĆe&keĆ¢ GOeej/$e+Ce kesĆ¢ Ā¤He ceW efueĆee ieĆee nw. efjhees kesĆ¢ Devleie&le yesĆeer ieF& ĆeefleYetefleĆeeb GvnW efjJeme& efjhees kesĆ¢ lenle efveJesMe Je Kejeroer ieF& ĆeefleYetefleĆeeW kesĆ¢ Ā¤he ceW oMee&Ćee ieĆee nw, leLee GvnW efveJesMeeW ceW Meeefceue veneR efkeĆ¢Ćee ieĆee nw. ueeiele leLee jepemJe keĆ¢er ieCevee yĆeepe JĆeĆe/DeeĆe pewmee Yeer ceeceuee nes kesĆ¢ efnmeeye mes keĆ¢er ieF& nw.
YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ meeLe ĆeueefveefOe meceeĆeespeve megefJeOee kesĆ¢ lenle Kejeroer / efyeāŗeĆ¢er keĆ¢er ieF& ĆeefleYetefleĆeeb efveJesMe Keeles ceW veeces / pecee keĆ¢er ieĆeer nQ leLee FvnW mebJĆeJenej keĆ¢er heefjhekeƤJelee hej efjJeme& keĆ¢j efoĆee ieĆee nw. Fve hej JĆeĆe / Deefpe&le efkeĆ¢Ćes ieS yĆeepe keĆ¢es JĆeĆe / ueeiele kesĆ¢ Ā¤he ceW uesKeebefkeĆ¢le efkeĆ¢Ćee ieĆee nw.
3.10 [sefjJesefŔJme :
yeQkeĆ¢ Jele&ceeve ceW yĆeepe ojeW leLee cegƵe [sefjefJeefÅ”Jme ceW [erue keĆ¢jlee nw. yeQkeĆ¢ Ćeje JĆeJeneefjle yĆeepe oj [sefjefJeefÅ”Jme ceW Ā®HeĆee yĆeepe oj mJewHe, efJeosMeer cegƵe yĆeepeoj mJesHe leLee HeĆ¢ejJe[& jsÅ” SieĆerceWÅ”dme Meeefceue nQ. yeQkeĆ¢ Ćeje JĆeJenej ceW ueeĆes peeves Jeeues cegƵe [sefjJesefÅ”Jme ceW Dee@HMeve leLee cegƵe mJesHme nQ.
YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMeeefveoxMeeW kesĆ¢ DeeOeej Hej, [sefjJesefÅ”Jme keĆ¢e cetuĆeebkeĆ¢ve efvecveevegmeej efkeĆ¢Ćee peelee nw :
JĆeJemLee yeĆeeJe/iewj JĆeJemLee yeĆeeJe (ceekexĆ¢Å” cesefkebĆ¢ie) mebJĆeJenej Deueie-Deueie efjkeĆ¢e[& efkeĆ¢Ćes peeles nQ. JĆeJemLee yeĆeeJe [sefjJesefÅ”Jme keĆ¢es GheefĆele DeeOeej Hej uesKeebefkeĆ¢le efkeĆ¢Ćes peeles nQ. Å”^sef[bie [sefjJesefÅ”Je HeesefpeMevme keĆ¢es yeepeej efĆeefvnle efkeĆ¢Ćee ieĆee nw leLee heefjCeeceer neefve, Ćeefo keĆ¢esF& nes, keĆ¢es ueeYe-neefve Keeles ceW ope& efkeĆ¢Ćee ieĆee nw. ueeYe, Ćeefo keĆ¢esF& nes, keĆ¢es Ćes][ efoĆee ieĆee nw. yĆeepe oj mJewHe mes mebyebefOele DeeĆe leLee JĆeĆe efveheÅ”eve leejerKe keĆ¢es efueĆee ieĆee nw. Å”sef[bie mJewHme keĆ¢er meceeefHle Hej ngS ueeYe/neefve keĆ¢es meceeefHle efleefLe Hej DeeĆe/JĆeĆe kesĆ¢ Ā¤He ceW ope& efkeĆ¢Ćee ieĆee nw.
cetuĆeebkeĆ¢ve kesĆ¢ GƶsMĆe mes kegĆ¢ue mJewhe kesĆ¢ GefĆele cetuĆe keĆ¢er ieCevee Gme jeefMe kesĆ¢ DeeOeej hej keĆ¢er ieĆeer nw pees efkeĆ¢ leguevehe$e keĆ¢er leejerKe keĆ¢es mJewhe mecePeesleeW mes mebyebefOele uesve-osve keĆ¢er meceeefhle hej ĆeehĆe Ćee osĆe nesiee. Fmemes mebyebefOele neefve, Ćeefo keĆ¢esF& nes, kesĆ¢ efueS hetCe& ĆeeJeOeeve efkeĆ¢S ieS nQ peyeefkeĆ¢ ueeYe, Ćeefo keĆ¢esF& nes, keĆ¢es ĆesĆ[ efoĆee ieĆee nw.
efJeosMeer cegƵe Jeeues [sefjJesÅ”erJe mebefJeoeDeeW mes mebyebefOele DeekeĆ¢efmcekeĆ¢ osĆeleeDeeW keĆ¢es leguevehe$e keĆ¢er leejerKe keĆ¢es hesĆ¢[eF& Ćeje DeefOemetefĆele keƤueesefpebie efJeefveceĆe ojeW hej efjheesÅ”& efkeĆ¢Ćee ieĆee nw.
4. DeefieĆce
4.1 cetue mebmLee leLee FmekeĆ¢er Iejsuet menĆeesieer mebmLeeDeeW kesĆ¢ DeefieĆce ceevekeĆ¢, DeJeceevekeĆ¢, mebefoiOe SJeb neefve DeeefmleĆeeW kesĆ¢ Ā¤He ceW Jeieeake=Ć¢le efkeĆ¢S ieS nQ Deewj Fve hej ngF& neefve kesĆ¢ mebyebOe ceW YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje efveOee&efjle efJeJeskeĆ¢HetCe& ceeveoC[eW kesĆ¢ Devegmeej ĆeeJeOeeve efkeĆ¢S ieS nQ. efJeosMeer MeeKeeDeeW leLee Deveg<ebefieĆeeW Ćeje efkeĆ¢S ieS DeefĀ«ece kesĆ¢ mebyebOe ceW DeefĀ«eceeW keĆ¢e JeieeakeĆ¢jCe YeejleerĆe efj]peJe& yeQkeĆ¢ DeLeJee cespeyeeve osMe, efpemeceW DeefieĆce efoĆee ieĆee nw, kesĆ¢ DevegĀ¤He efkeĆ¢Ćee ieĆee nw, Fve ceW mes pees Yeer DeefOekeĆ¢ keĆ¢"esj nes.
4.2 DeefieĆce jeefMe, GĆevle Keeles kesĆ¢ yĆeepe, JeeoieĆmle efJeefJeOe pecee KeeleeW ceW HeĆeHle SJeb jKeer ieF& jeefMe, HeĆeHle keƤuesce Deewj iewj efve<Heeefole DeefieĆceeW kesĆ¢ efueS efkeĆ¢S
than the Liquidity Adjustment Facility (LAF) with the RBI]. Repo and Reverse Repo Transactions are treated as Collaterised Borrowing / Lending Operations with an agreement to Repurchase on the agreed terms. Securities sold under Repo are continued to be shown under Investments and Securities purchased under Reverse Repo are not included in Investments. Costs and revenues are accounted for as interest expenditure / income, as the case may be.
Securities purchased / sold under LAF with RBI are debited / credited to Investment Account and reversed on maturity of the transaction. Interest expended / earned thereon is accounted for as expenditure / revenue.
3.10 DERIVATIVES
The Parent presently deals in interest rate and currency derivatives. The interest rate derivatives dealt with by the Parent are Rupee Interest Rate Swaps, Foreign Currency Interest Rate Swaps and forward rate agreements. Currency Derivatives dealt with by the Parent are Options and Currency swaps.
Based on RBI guidelines, Derivatives are valued as under:
The hedge / non-hedge (market making) transactions are recorded separately. Derivative contracts designated as hedges are not marked to market unless their underlying is marked to market. Trading derivative positions are marked-to-market (MTM) and the resulting losses, if any, are recognized in the Profit and Loss Account. Profit, if any, is ignored. Income and Expenditure relating to interest rate swaps are recognized on the settlement date. Gains / losses on termination of the trading swaps are recorded on the termination date as income / expenditure.
For the purpose of valuation, the fair value of the total swap is computed on the basis of the amount that would be receivable or payable on termination of the transactions of the swap agreements as on the Balance Sheet date. Losses arising there from, if any, are fully provided for while the profits, if any, are ignored.
Contingent Liabilities on account of derivative contracts denominated in foreign currencies are reported at closing rates of exchange notified by FEDAI at the Balance Sheet date.
4 ADVANCES
4.1 Advances in India of the Parent and Subsidiaries are classified as Standard, Sub-standard, Doubtful or Loss assets and Provision for losses are made on these assets as per Prudential Norms of Reserve Bank of India. In respect of Advances made in overseas branches and overseas subsidiaries, Advances are classified in accordance with stringent of the Prudential Norms prescribed by the Reserve Bank of India or local laws of the host country in which advances are made, whichever is more stringent.
4.2 Advances are net of specific loan loss provisions, interest suspense; amount received and held in suit-
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ieS HeĆeJeOeeve kesĆ¢ yeeo keĆ¢er jeefMe nw.
4.3 Hegveefve&Oee&efjle/Hegveie&ef"le KeeleeW kesĆ¢ mebyebOe ceW YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ ceeie& efveoxMeeW kesĆ¢ Devegmeej ceewpetoe cetuĆe MeleeX ceW DeebkesĆ¢ ieĆes yĆeepe neefveĆeeW kesĆ¢ efueS HeĆeJeOeeve efkeĆ¢Ćee ieĆee nw.
4.4 Deeefmle Hegveie&"ve kebĆ¢Heveer (SDeejmeer)/peebĆe kebĆ¢heveer (Smemeer) keĆ¢es yesĆeer ieF& DeeefmleĆeeW kesĆ¢ ceeceues ceW Ćeefo efyeāŗeĆ¢er MegƦ yener cetuĆe (Sveyeer Jeer) (DeLee&le yener cetuĆe IeÅ”eSb Oeeefjle ĆeeJeOeeve) mes keĆ¢ce cetuĆe Hej keĆ¢er ieF& nes lees neefve (keĆ¢ceer) keĆ¢es ueeYe neefve Keeles ceW veeces efkeĆ¢Ćee ieĆee nw. Ćeefo efyeāŗeĆ¢er cetuĆe, MegƦ yener cetuĆe mes pĆeeoe nw lees DeefleefjkeƤle HeĆeJeOeeve jeefMe keĆ¢es efjJeme& veneR efkeĆ¢Ćee ieĆee nw Deefheleg FmekeĆ¢e GheĆeesie otmejer iewj efve<heeokeĆ¢ DeeefmleĆeeW keĆ¢er efyeāŗeĆ¢er kesĆ¢ HeĆ¢uemJeĀ¤he keĆ¢ceer / IeeÅ”s keĆ¢es hetje keĆ¢jves kesĆ¢ efueS efkeĆ¢Ćee ieĆee nw.
5. DeĆeue DeeefmleĆeeb
5.1 Hegvecet&uĆeebefkeĆ¢le HeefjmejeW keĆ¢es ĆeĆs[keĆ¢j, Heefjmej Je DevĆe DeĆeue DeeefmleĆeeb meeceevĆele: HejcHejeiele ueeiele Hej ueer ieF& nQ, Hegvecet&uĆeebkeĆ¢ve Hej ngF& Je=efƦ keĆ¢es Hetbpeeriele HeĆejef#ele efveefOe ceW pecee efkeĆ¢Ćee ieĆee nw. Ssmeer yeĆ{er ngF& jeefMe Hej cetuĆeĆeme nsleg efkeĆ¢S ieS HeĆeJeOeeve keĆ¢es FmeceW mes IeÅ”e efoĆee peelee nw.
5.2 āāHeefjmejāā ceW Yetefce leLee efvecee&CeeOeerve YeJeve keĆ¢e meceeJesMe nQ.
6. HeĆejef#ele efveefOeĆeeb SJeb DeefOeMes<e
jepemJe SJeb DevĆe HeĆejef#ele efveefOeĆeeW ceW mecyeƦ osMeeW ceW HeĆĆeefuele mLeeveerĆe keĆ¢evetveeW kesĆ¢ Devegmeej efJeosMeer MeeKeeDeeW Ćeje efveefce&le meebefJeefOekeĆ¢ HeĆejef#ele efveefOeĆeeW keĆ¢es Meeefceue efkeĆ¢Ćee ieĆee nw.
7. jepemJe keĆ¢e efveOee&jCe
keĆ¢. peye lekeĆ¢ DevĆeLee GuuesefKele ve nes, DeeĆe (HewjeĀ«eeHeĆ¢ 7.2 ceW GequueefKele ceo mes efYeVe) / JĆeĆe keĆ¢e efveOee&jCe GHeĆeĆe DeeOeej Hej efkeĆ¢Ćee ieĆee nw. efJeosMeer keĆ¢eĆee&ueĆeeW kesĆ¢ ceeceues ceW mecyeƦ osMe peneb efJeosMeer keĆ¢eĆee&ueĆe efmLele nw, mLeeveerĆe efveĆeceeW kesĆ¢ lenle DeeĆe keĆ¢e efveOee&jCe efkeĆ¢Ćee ieĆee nw.
Ke. MegukeĆ¢eW kesĆ¢ ceeOĆece mes HeĆeHle DeeĆe, mejkeĆ¢ejer keĆ¢ejesyeej keĆ¢es ĆeĆs[keĆ¢j keĆ¢ceerMeve, ieejbÅ”er, meeKehe$e hej keĆ¢ceerMeve, efJeefveceĆe, oueeueer leLee DeefleosĆe efyeueeW/DeefieĆce efyeueeW Hej yĆeepe keĆ¢es JeemleefJekeĆ¢ Jemetueer DeeOeej Hej efnmeeye ceW efueĆee ieĆee nw. Deveg<ebefieĆeeW, mebĆegkeƤle GĆ eceeW leLee menĆeesieer FkeĆ¢eFĆeeW ceW MesĆejeW ceW ueeYeebMe keĆ¢es Jemetueer DeeOeej Hej efnmeeye ceW efueĆee ieĆee nw.
ie. iewj efve<Heeefole DeefieĆceeW leLee efveJesMeeW kesĆ¢ ceeceueeW ceW DeeĆe keĆ¢er Jemetueer keĆ¢er DeefveefĀ§elelee kesĆ¢ keĆ¢ejCe Ssmeer DeeĆe YeejleerĆe efj]peJe& yeQkeĆ¢ ceeie&efveoxMeeW kesĆ¢ Devegmeej kesĆ¢Jeue Jemetue nesves Hej ner uesKeebefkeĆ¢le keĆ¢er ieF& nw.
Ie. HeefjĆeeueve ueerpe Hej ueer ieF& DeeeqmleĆeeW kesĆ¢ efueS ueeiele Je=efƦ meefnle ueerpe YegieleeveeW keĆ¢es DeeF&meerSDeeF& Ćeje peejer SSme 19 (ueerpe) kesĆ¢ Devegmeej ueerpe Å”ce& Hej ueeYe SJeb neefve uesKee ceW efnmeeye ceW efueĆee peelee nw.
8. peerJeve yeercee keĆ¢cHeveer
keĆ¢. heĆerefceĆece DeeĆe
osĆe nesves hej heĆerefceĆece (mesJee keĆ¢j keĆ¢e efveJeue) keĆ¢es DeeĆe kesĆ¢ Ā¤he ceW efnmeeye ceW efueĆee peelee nw. menJeleea JĆeJemeeĆe kesĆ¢ efueS peye menĆeesie FkeĆ¢eFĆeeb me=efpele keĆ¢er peeleer nQ, heĆerefceĆece keĆ¢es ieCevee ceW efueĆee peelee nw. Å”e@he-Dehe heĆerefceĆece keĆ¢es SkeĆ¢ue heĆerefceĆece kesĆ¢ Ā¤he ceW mecePee peelee nw.
keĆ¢eueeleerle heeefueefmeĆeeW hej heĆerefceĆece keĆ¢es leye DeeĆe kesĆ¢ Ā¤he ceW efueĆee peelee nw peye Ssmeer hee@efueefmeĆeeb hegve: Ćeeuet keĆ¢er peeleer nQ.
filed Sundry Deposit and Claims Received.
4.3 In respect of Rescheduled / Restructured accounts, Provision for diminution in fair value of restructured advances is measured in present value terms as per RBI guidelines.
4.4 In case of financial assets sold to Asset Reconstruction Company (ARC) / Securitization Company (SC), if the sale is at a price below the net book value (NBV), (i.e. Book value less provisions held) the shortfall is debited to the Profit and Loss Account. If the sale value is higher than the NBV, the surplus provision is carried forward and utilised to meet the shortfall /loss on account of subsequent sale of non-performing financial assets.
5. FIXED ASSETS:
5.1 Premises and other fixed assets are stated at historical cost except revalued premises which are stated at revalued amount. The appreciation on such revaluation is credited to Capital Reserve and the depreciation provided thereon is deducted there from.
5.2 Premises include Land and Building under construction.
6. RESERVES AND SURPLUS:
Revenue and other Reserves include Statutory Reserves created by foreign branches as per applicable local laws of the respective countries.
7. REVENUE RECOGNITION:
a. Income (other than item referred in Paragraph 7.2)/ expenditure is generally recognised on accrual basis. In case of foreign offices, income/ expenditure is recognised as per the local laws of the country in which the respective foreign office is located.
b. Income by way of Fees, Commission other than on Government business, Commission on Guarantees, Letter of Credits, Exchange, Brokerage and interest on Advance Bills are accounted for on realisation basis. Dividend on shares in subsidiaries, joint ventures and associates is accounted on realisation basis.
c. In view of uncertainty of collection of income in cases of Non-performing Assets/ Investments, such income is accounted for only on realization in terms of the RBI guidelines.
d. Lease payments including cost escalation for assets taken on operating lease are recognised in the Profit and Loss Account over the lease term in accordance with the AS 19 (Leases) issued by ICAI.
8 LIFE INSURANCE COmPANy:
a. Premium Income:
Premium (net of service tax) is recognised as income when due. For linked business, premium is recognised when the associated units are created. Top up premiums are considered as single premium.
Premium on lapsed policies is recognised as income when such policies are reinstated.
Commission received on reinsurance ceded is recognised as income in the period in which reinsurance
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hegveyeeacee nesves hej heĆehle keĆ¢ceerMeve keĆ¢es Gme DeJeefOe ceW DeeĆe kesĆ¢ Ā¤he ceW eEnmeeye ceW efueĆee peelee nw peye hegveyeeacee heĆerefceĆece heĆehle neslee nw.
Ke. efveefOeĆeeW mes eEuekeƤ[ DeeĆe
eEuekeƤ[ efveefOeĆeeW, efpemeceW heĆerefceĆece DeeyebÅ”ve heĆYeej, heeefuemeer heĆMeemeefvekeĆ¢ heĆYeej, ceesÅ”&efueÅ”er heĆYeej, efveefOe heĆyebOeve heĆYeej FlĆeeefo Meeefceue nQ, mes DeeĆe keĆ¢es peejer keĆ¢er ieF& hee@efuemeer keĆ¢er MeleeX SJeb efveĆeceeW kesĆ¢ Devegmeej eEuekeƤ[ efveefOeĆeeW mes Jemetue efkeĆ¢Ćee peelee nw.
ie. hegveyeeacee heĆerefceĆece
hegveyeeacee keĆ¢er ueeiele keĆ¢es yeerceekeĆ¢lee& kesĆ¢ meeLe keĆ¢er ieF& Mele& DeLeJee efmeƦeblele: JĆeJemLee kesĆ¢ Devegmeej heĆerefceĆece DeeĆe kesĆ¢ efveOee&jCe kesĆ¢ meceĆe efnmeeye ceW efueĆee peelee nw. hegveyeeacee hej ueeYe keĆ¢ceMeerve, hegveyeeacee mes heĆehle heĆerefceĆece hej vesÅ”s[ Dee@]HeĆ¢ efkeĆ¢Ćee peelee nw.
Ie. heĆoĆ²e ueeYe (oeJeeW meefnle)
heĆoĆ²e ueeYeeW ceW hee@efuemeer ueeYe leLee oeJee efveheÅ”eve ueeiele, Ćeefo keĆ¢esF& nes, Meeefceue nQ.
ce=lĆeg, DevegJe=efƦ (jeF[j) leLee DeYĆehe&Ce oeJeeW keĆ¢es metĆevee heĆehle nesves hej efnmeeye ceW efueĆee peelee nw.
GĆ²ejpeerJeer ueeYe oeJeeW leLee heefjhekeƤJelee oeJeeW keĆ¢es osĆe nesves hej ieCevee ceW efueĆee peelee nw.
eEuekeƤ[ heeefueefmeĆeeW kesĆ¢ lenle DeenjCeeW leLee DeYĆehe&CeeW keĆ¢es mebyebefOele ĆeespeveeDeeW ceW leye efnmeeye ceW efueĆee peelee nw. peye Deveg<ebieer ĆetefveÅ”W efvejmle nes peeleer nw. oeJeeW hej hegveyeeacee Jemetueer keĆ¢es mebyebefOele oeJeeW keĆ¢er Gmeer DeJeefOe ceW efnmeeye ceW efueĆee peelee nw.
[. DeefOeieĆnCe ueeiele
DeefOeieĆnCe ueeie Ssmeer ueeiele nw pees efYeVe-efYeVe nesleer nQ Deewj yeercee mebefJeoeDeeW kesĆ¢ DeefOeieĆnCe mes cegKĆele: meceyeƦ nesleer nQ Deewj JĆeĆe nesles nQ peesefkeĆ¢ KeĆeX keĆ¢er DeJeefOe mes mebyeƦ nesles nw.
Će. peerJeve yeercee heeefueefmeĆeeW kesĆ¢ efueS osĆelee
kebĆ¢heveer keĆ¢er yeerceebefkeĆ¢keĆ¢ osĆeleeDeeW keĆ¢er yeercee DeefOeefveĆece 1938, yeercee efveĆeecekeĆ¢ leLee efJekeĆ¢eme heĆeefOekeĆ¢jCe (DeeeqmleĆeeb, osĆeleeSb leLee yeerceekeĆ¢lee&DeeW kesĆ¢ meesueJeWmeer ceee|peve) efJeefveĆeceve, 2000, YeejleerĆe yeerceebefkeĆ¢keĆ¢ mebmLeeve Ćeje peejer efoMee-efveoxMe veesÅ” leLee meeceevĆele: mLeeefhele yeerceebefkeĆ¢keĆ¢ heƦefleĆeeW kesĆ¢ Devegmeej ieCevee keĆ¢er peeleer nw.
pe. efveJesMe
yeercee DeefOeefveĆece, 1938, yeercee efJeefveĆeecekeĆ¢ leLee efJekeĆ¢eme heĆeefOekeĆ¢jCe (efveJesMe) efJeefveĆeceve, 2000, yeercee efJeefveĆeecekeĆ¢ leLee efJekeĆ¢eme heĆeefOekeĆ¢jCe (efveJesMe) (mebMeesOeve) efJeefveĆeceve, 2001 leLee meceĆe-meceĆe hej DeeF&Deej[erS Ćeje peejer efkeĆ¢S ieS heefjhe$eeW / DeefOemetĆeveeDeeW kesĆ¢ Devegmeej efveJesMe efkeĆ¢Ćee peelee nw.
8. keĆ¢ce&Ćeejer ueeYe
8.1 YeefJe<Će efveefOe YeefJe<Će efveefOe SkeĆ¢ megheefjYeeef<ele DebMeoeve Ćeespevee nw efpemekesĆ¢ lenle yeQkeĆ¢
hetJe&efveOee&efjle ojeW hej efveefĀ§ele DebMeoeve keĆ¢e Yegieleeve keĆ¢jlee nw. yeQkeĆ¢ keĆ¢er yeeOĆelee Ssmes efveefĀ§ele DebMeoeve lekeĆ¢ ner meerefcele nw. DebMeoeveeW keĆ¢es ueeYe/neefve Keeles hej ĆeYeeefjle efkeĆ¢Ćee peelee nw.
premium is ceded.
b. Income from linked funds:
Income from linked funds which includes premium allocation charges, policy administrative charges, mortality charges, fund management charges etc. are recovered from the linked funds in accordance with the terms and conditions of policies issued.
c. Reinsurance Premium:
Cost of reinsurance ceded is accounted for at the time of recognition of premium income in accordance with the treaty or in-principle arrangement with the reinsurer. Profit commission on reinsurance ceded is netted off against premium ceded on reinsurance.
d. Benefits paid (including claims):
Benefits paid comprise of policy benefits & claim settlement costs, if any.
Death, rider & surrender claims are accounted for on receipt of intimation.
Survival benefit claims and maturity claims are accounted for when due.
Withdrawals & surrenders under linked policies are accounted for in the respective schemes when the associated units are cancelled. Reinsurance recoveries on claims are accounted for, in the same period as the related claims.
e. Acquisition Costs:
Acquisition costs are costs that vary with and are primarily related to acquisition of insurance contracts and are expensed in the period in which they are incurred.
f. Liability for life policies:
Actuarial liabilities of the company have been calculated in accordance with the requirements of insurance Act.1938, Insurance Regulatory and Development Authority (Assets, Liabilities, and Solvency Margin of Insurers) Regulations, 2000, Guidance Notes issued by Institute of Actuaries of India and generally established actuarial practices.
g. Investments:
Investments are made in accordance with the Insurance Act, 1938, the Insurance Regulatory and Development Authority (Investment) Regulations, 2000, the insurance regulatory and Development Authority (investment) (Amendment) Regulations, 2001 and various other circulars / notifications issued by the IRDA in this context from time to time.
8. EMPLOYEES BEnEFitS:
8.1 PROVIDENT FUND
Provident fund is a defined contribution scheme as the Parent pays fixed contribution at pre-determined rates. The obligation of the Parent is limited to such fixed contribution. The contributions are charged to Profit and Loss Account.
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8.2 Ā«esĆĆetÅ”er
Ā«esĆĆetÅ”er osĆelee SkeĆ¢ efveefĀ§ele efnleyeeOĆelee nw Deewj FmekesĆ¢ mebyebOe Je<e& keĆ¢er meceeefhle ceW yeerceebefkeĆ¢keĆ¢ cetuĆeebkeĆ¢ve kesĆ¢ DeeOeej hej ĆeeJeOeeve efkeĆ¢Ćes peeles nw. yeQkeĆ¢ Ćeje Ćeespevee kesĆ¢ efueS efveefOe GheueyOe keĆ¢jeĆeer peeleer nw SJeb SkeĆ¢ Deueie Å”^mÅ” Ćeje FmekeĆ¢e ĆeyebOeve efkeĆ¢Ćee peelee nw.
8.3 heWMeve
8.3.1 heWMeve osĆelee osĆelee SkeĆ¢ efveefĀ§ele efnleyeeOĆelee nw Deewj FmekesĆ¢ mebyebOe efJeĆ²e Je<e& keĆ¢er meceeefhle ceW mebefĆele cetuĆeebkeĆ¢ve kesĆ¢ DeeOeej hej ĆeeJeOeeve efkeĆ¢Ćes peeles nQ. Ćen Gve keĆ¢ce&ĆeeefjĆeeW kesĆ¢ efueS nw efpevnesves 31.3.2010 lekeĆ¢ yeQkeĆ¢ mesJee Ā«enCe keĆ¢er Deewj HeWMeve keĆ¢e efJekeĆ¢uHe efueĆee. yeQkeĆ¢ Ćeje Ćeespevee kesĆ¢ efueS efveefOe GheueyOe keĆ¢jeĆeer peeleer nw SJeb SkeĆ¢ Deueie Å”^mÅ” Ćeje FmekeĆ¢e ĆeyebOeve efkeĆ¢Ćee peelee nw.
8.3.2 veF& HeWMeve Ćeespevee, pees efkeĆ¢ yeQkeĆ¢ ceW 1.4.2010 keĆ¢es DeLeJee FmekesĆ¢ HeĀ§eele mesJee ceW Deeves Jeeues keĆ¢ce&ĆeeefjĆeeW Hej ueeiet nesleer nw, SkeĆ¢ HeefjYeeef<ele DebMeoeĆeer Ćeespevee nw. yeQkeĆ¢ HetJe& efveOee&efjle oj Hej efveeqĀ§ele DebMeoeve keĆ¢e Yegieleeve keĆ¢jlee nw. yeQkeĆ¢ keĆ¢e oeefĆelJe kesĆ¢Jeue efveOee&efjle DebMeoeve lekeĆ¢ ner meerefcele nw. DebMeoeve keĆ¢es ueeYe SJeb neefve Keeles ceW ĆøeYeeefjle efkeĆ¢Ćee peelee nw.
8.4 DevegheefmLeefle #eeflehetefle&
mebefĆele DevegheefmLeefle #eeflehetefle&ĆeeW pewmes efkeĆ¢ DeefOekeĆ¢ejpevĆe DeJekeĆ¢eMe (heerSue) leLee Ā®iCe DeJekeĆ¢eMe keĆ¢es yeerceebefkeĆ¢keĆ¢ cetuĆeebkeĆ¢ve kesĆ¢ DeeOeej hej Ćeoeve efkeĆ¢Ćee ieĆee nw.
8.5 DevĆe keĆ¢ce&Ćeejer ueeYe
DevĆe keĆ¢ce&Ćeejer ueeYe pewmes efkeĆ¢ ĆgĆ³er efjĆeeĆele efkeĆ¢jeĆee (SueSheĆ¢meer), efĆeefkeĆ¢lmee ueeYe FlĆeeefo keĆ¢es yeerceeefkeĆ¢keĆ¢ cetuĆeebkeĆ¢ve kesĆ¢ DeeOeej hej Ćeoeve efkeĆ¢Ćee ieĆee nw.
efJeosMeer MeeKeeDeeW SJeb keĆ¢eĆee&ueĆeeW kesĆ¢ mebyebOe ceW keĆ¢ce&ĆeeefjĆeeW mes mebyebefOele ueeYeeW keĆ¢es, ĆeefleefveĆegefĆ²eĆ¢ hej ieS keĆ¢ce&ĆeeefjĆeeW keĆ¢es Ćes[, mebyebƦ osMe ceW ueeiet keĆ¢evetve kesĆ¢ DeeOeej hej uesKeeke=Ć¢le efkeĆ¢Ćee ieĆee nw.
9. cetuĆeĆeme
9.1 Yeejle ceW DeĆeue DeeefmleĆeeW hej cetuĆeĆeme (veerĆes efoS ieS hewje 9.3 SJeb 9.4 ceW meboefYe&le keĆ¢es ĆesĆ[) kebĆ¢heveer DeefOeefveĆece 1956 keĆ¢er DevegmetĆeer XIV kesĆ¢ Devegmeej cetuĆeĆeefmele yener cetuĆe HeƦefle kesĆ¢ DeeOeej hej, hegvecet&efuĆele Deeefmle keĆ¢es ĆesĆ[ - efpemekesĆ¢ mebyebOe ceW Fve hegvece&tefuĆele DeeefmleĆeeW keĆ¢er Devegceeefvele GheĆeesefielee DeJeefOe kesĆ¢ DeeOeej hej pĆeeoe cetuĆeĆeme efkeĆ¢Ćee peelee nw, Ćeoeve efkeĆ¢Ćee ieĆee nw.
9.2 Yeejle mes yeenj DeĆeue DeeefmleĆeeW hej cetuĆeĆeme (veerĆes efoS ieS hewje 9.3 ceW meboefYe&le keĆ¢es ĆesĆ[) mLeeveerĆe keĆ¢evetve DeLeJee mebyeƦ osMe ceW ueeiet JĆeJenejeW Hej Ćeoeve efkeĆ¢Ćee ieĆee nw.
9.3 keĆ¢cHĆetÅ”jeW leLee meeHeĆ¤Å”JesĆej pees Yeejle Deewj Yeejle mes yeenj kebĆ¢cHĆetÅ”j ne[&JesĆej keĆ¢e DeefveJeeĆe& Debie nQ, GveHej cetuĆeĆeme YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ efoMeeefveoxMeeW kesĆ¢ Devegmeej mÅ”^sÅ” ueeFve efJeefOe mes 33.33% ĆøeefleJe<e& keĆ¢er oj mes HeĆoeve efkeĆ¢Ćee ieĆee nw. kebĆ¢HĆetÅ”j meeHeĆ¤Å”JesĆej peesefkeĆ¢ ne[&JesĆej keĆ¢e DeefveJeeĆe& Debie veneR nw hej cetuĆeĆeme Kejero Je<e& kesĆ¢ oewjeve ner keĆ¢j efoĆee ieĆee nw.
9.4 SÅ”erSce Hej cetuĆeĆeme 20% ĆøeefleJe<e& keĆ¢er oj mes mÅ”^sÅ” ueeFve efJeefOe mes HeĆoeve efkeĆ¢Ćee peelee nw.
9.5 HeefjJeƦ&veeW Hej cetuĆeĆeme keĆ¢e mebHetCe& Je<e& kesĆ¢ efueS HeĆeJeOeeve efkeĆ¢Ćee ieĆee nw. peye efkeĆ¢ yesĆes ieS/efvemleeefjle efkeĆ¢S ieS Je<e& ceW cetuĆeĆeme keĆ¢e keĆ¢esF& HeĆeJeOeeve veneR
8.2 GRATUITY
Gratuity liability is a defined benefit obligation and is provided for on the basis of an actuarial valuation made at the end of the financial year. The gratuity liability is funded by the Parent and is managed by a separate trust.
8.3 PENSION
8.3.1 Pension liability is a defined benefit obligation and is provided for on the basis of an actuarial valuation made at the end of the financial year, for the employees who have joined Parent up to 31.03.2010 and opted for pension. The pension liability is funded by the Parent and is managed by a separate trust.
8.3.2 New Pension Sheme which is applicable to employees who joined parent on or after 01.04.2010 is a defined contribution scheme, Parent pays fixed contribution at pre determined rate, the obligation of the Parent is limited to such fixed contribution. The contribution is charged to Profit and Loss Account.
8.4 COMPENSATED ABSENCES
Accumulating compensated absences such as Privilege Leave and Sick Leave are provided for based on actuarial valuation.
8.5 OTHER EMPLOYEE BENEFITS
Other Employee benefits such as Leave Encashment, Leave Fare Concession and Additional Retirement Benefits on Retirement are provided for based on actuarial valuation.
In respect of overseas branches and offices, the benefits in respect of employees other than those on deputation are valued and accounted for as per laws prevailing in the respective territories.
9. DEPRECiAtiOn:
9.1 Depreciation on Fixed Assets in India [other than those referred to in Para 9.3 & 9.4] is provided on the written down value method in accordance with Schedule XIV to the Companies Act, 1956, except in case of revalued assets, in respect of which higher depreciation is provided on the basis of estimated useful life of these revalued assets.
9.2 Depreciation on Fixed Assets outside India [other than those referred to in Para 9.3 below] is provided as per local laws or prevailing practices of the respective territories.
9.3 Depreciation on Computers and Software forming an integral part of Computer Hardware, in and outside India is provided on Straight Line Method at the rate of 33.33% p.a, as per the guidelines of RBI. Computer software not forming an integral part of hardware is charged directly to Profit and Loss Account.
9.4 Depreciation on ATMs is provided on Straight Line Method at the rate of 20% p.a.
9.5 Depreciation on additions is provided for full year and no
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depreciation is provided in the year of sale / disposal.
9.6 Cost of leasehold land & leasehold improvements are amortised over the period of lease.
10. iMPAiRMEnt OF ASSEtS:
Impairment losses (if any) on Fixed Assets (including revalued assets) are recognized in accordance with the AS 28 (Impairment of Assets) issued by ICAI and charged off to Profit and Loss Account.
11. FOREiGn CURREnCY tRAnSACtiOnS:
11.1 Accounting for transactions involving foreign exchange is done in accordance with AS 11, (The Effects of Changes in Foreign Exchange Rates), issued by ICAI.
11.2 As stipulated in AS-11, the foreign currency operations of the Parent and its Subsidiaries are classified as a) Integral Operations and b) Non Integral Operations. All Overseas Branches, Offshore Banking Units, Overseas Subsidiaries of Parent are treated as Non Integral Operations; and Domestic Operations in Foreign Exchange and Representative Offices are treated as Integral Operations.
11.3 Translation in respect of Integral Operations:
a. The transactions are initially recorded on weekly average rate as advised by FEDAI.
b. Foreign Currency Assets and Liabilities (including contingent liabilities) are translated at the closing spot rates notified by FEDAI at the end of each quarter.
c. The resulting exchange differences are recognized as income or expenses and are accounted through Profit and Loss Account. Any reversals / payment of foreign currency assets & liabilities is done at the weekly average closing rate of the preceding week and the difference between the outstanding figure and the amount for which reversal / payment is made, is reflected in Profit and Loss Account.
d. Foreign exchange spot and forward contracts outstanding as at the balance sheet date and held for trading, are revalued at the closing spot and forward rates respectively notified by FEDAI and at interpolated rates for contracts of interim maturities. The resulting forward valuation profit or loss included in the Profit and Loss Account.
11.4 Translation in respect of Non Integral Operations:
a. Assets and Liabilities (including contingent liabilities) are translated at the closing spot rates notified by FEDAI at the end of each quarter.
b. Foreign Exchange Spot and Forward contingent liabilities outstanding as at the balance sheet date are translated at the closing spot and forward rates respectively notified by FEDAI and at interpolated rates for contracts of interim maturities.
c. Income and Expense are translated at quarterly average rate notified by FEDAI at the end of each quarter.
efkeĆ¢Ćee ieĆee nw.
9.6 HeĆ³eke=Ć¢le Yetefce SJeb heĆ³eke=Ć¢le heefjmej mebyebOeer megOeejeW keĆ¢er ueeiele keĆ¢e HeĆ³s keĆ¢er DeJeefOe kesĆ¢ oewjeve HeefjMeesOeve efkeĆ¢Ćee ieĆee nw.
10. DeeefmleĆeeW keĆ¢er #eefle
DeĆeue DeeefmleĆeeW keĆ¢er #eefle, Ćeefo keĆ¢esF& nes, keĆ¢e efveOee&jCe YeejleerĆe meveoer uesKekeĆ¢ej mebmLeeve Ćeje Fme mebyebOe ceW peejer uesKee ceevekeĆ¢ 28 (DeeefmleĆeeW keĆ¢er #eefle) kesĆ¢ Devegmeej efkeĆ¢Ćee peelee nw Deewj ueeYe neefve Keeles keĆ¢es ĆeĆYeeefjle efkeĆ¢Ćee peelee nw.
11. efJeosMeer cegƵe mebJĆeJenej
11.1 efJeosMeer cegƵe mes mebyebefOele mebJĆeJenejeW keĆ¢e uesKeebkeĆ¢ve YeejleerĆe meveoer uesKeekeĆ¢ej mebmLeeve Ćeje efJeosMeer cegƵe oj ceW HeefjJele&veeW kesĆ¢ HeĆYeeJe Hej peejer uesKee ceevekeĆ¢ 11 efJeosMeer cegƵeojeW ceW heefjJele&ve kesĆ¢ ĆeYeeJe kesĆ¢ DevegĀ¤He efkeĆ¢Ćee ieĆee nw.
11.2 uesKee ceevekeĆ¢ SSme-11 kesĆ¢ HeĆĆeespeve kesĆ¢ efueS yeQkeĆ¢ kesĆ¢ cetue SJeb Deveg<ebieer efJeosMeer cegƵe HeefjĆeeueveeW keĆ¢es (keĆ¢) SkeĆ¢erke=Ć¢le HeefjĆeeueve SJeb (Ke) DemeceekeĆ¢efuele HeefjĆeeueveeW kesĆ¢ Ā¤He ceW Jeieeake=Ć¢le efkeĆ¢Ćee ieĆee nw. cetue mebmLee keĆ¢er meYeer efJeosMeer MeeKeeDeeW, Dee@HeĆ¤Ć¢Meesj yeQefkebĆ¢ie FkeĆ¢eFĆeeW, efJeosMeer Deveg<ebefieĆeeW keĆ¢es DemeceekeĆ¢efuele HeefjĆeeueve SJeb efJeosMeer cegƵe kesĆ¢ Iejsuet heefjĆeeueveeW SJeb HeĆefleefveefOe keĆ¢eĆee&ueĆeeW keĆ¢es SkeĆ¢erke=Ć¢le HeefjĆeeueve SJeb HeĆefleefveefOe keĆ¢eĆee&ueĆeeW keĆ¢es SkeĆ¢erke=Ć¢le HeefjĆeeueve kesĆ¢ Ā¤He ceW ceevee ieĆee nw.
11.3 SkeĆ¢erke=Ć¢le HeefjĆeeueveeW kesĆ¢ mebyebOe ceW mebJĆeJenej
(keĆ¢) mebJĆeJenejeW keĆ¢es HeĆeLeefcekeĆ¢ leewj Hej HeƤsĆ¢[eF& Ćeje metefĆele keĆ¢er ieF& Deewmele meeHleeefnkeĆ¢ ojeW Hej efjkeĆ¢e[& ieĆee nw.
(Ke) efJeosMeer cegƵe efJeefveceĆe mes mebyebefOele Deeefmle SJeb osĆeleeDeeW (DeekeĆ¢efmcekeĆ¢ osĆeleeDeeW meefnle) keĆ¢es HeƤsĆ¢[eF& Ćeje HeĆlĆeskeĆ¢ efleceener kesĆ¢ Deble ceW metefĆele keĆ¢er ieF& keƤueesefpebie mHeeÅ” ojeW Hej Ā¤Heebleefjle efkeĆ¢Ćee ieĆee nw.
(ie) HeefjCeeceer efJeefveceĆe DeblejeW keĆ¢er ieCevee DeeĆe DeLeJee JĆeĆe kesĆ¢ Ā¤He ceW keĆ¢er ieF& nw leLee FvnW leovegmeej ueeYe neefve Keeles ceW uesKeebkeĆ¢ve efkeĆ¢Ćee ieĆee nw. efJeosMeer cegƵe Deeefmle osĆeleeDeeW mebyebOeer efkeĆ¢meer Yeer Yegieleeve DeLeJee efjJeme&ue keĆ¢es efHeĆues meHleen keĆ¢er Deewmele keƤueesefpebie ojeW kesĆ¢ DeeOeej Hej efkeĆ¢Ćee ieĆee nw leLee yekeĆ¢eĆee jeefMe SJeb Gme jeefMe efpemekesĆ¢ efueS Yegieleeve efkeĆ¢Ćee ieĆee nw/efjJeme&ue efkeĆ¢Ćee ieĆee nw kesĆ¢ yeerĆe kesĆ¢ Deblej keĆ¢es ueeYe neefve Keeles ceW oMee&Ćee ieĆee nw.
(Ie) leguevehe$e keĆ¢er leejerKe keĆ¢es yekeĆ¢eĆee SJeb Å”sef[bie kesĆ¢ efueS heeefjle efJeosMeer cegƵe mhee@Å” SJeb JeeĆeoe mebefJeoeDeeW keĆ¢es āŗeĆ¢ceMe: HesĆ¢[eF& Ćeje DeefOemetefĆele meceeefhle mhee@Å” SJeb JeeĆeoe ojeW hej leLee Debleefjce heefjhekeƤJelee Jeeueer mebefJeoeDeeW keĆ¢es FbÅ”jheesuesÅ”s[ ojeW hej hegvece&tefuĆele efkeĆ¢Ćee ieĆee nw. heefjCeeceer JeeĆeoe cetuĆeebkeĆ¢ve ueeYe DeLeJee neefve keĆ¢es ueeYe SJeb neefve Keeles ceW Meeefceue efkeĆ¢Ćee ieĆee nw.
11.4 DemeceekeĆ¢efuele HeefjĆeeueveeW kesĆ¢ mebyebOe ceW mebJĆeJenej
(keĆ¢) DeeefmleĆeeW SJeb osĆeleeDeeW (DeekeĆ¢efmcekeĆ¢ osĆeleeDeeW meefnle) keĆ¢es HeƤsĆ¢[eF& Ćeje HeĆlĆeskeĆ¢ efleceener kesĆ¢ Deble ceW metefĆele keĆ¢er ieF& keƤueesefpebie mHeeÅ” ojeW Hej Ā¤Heebleefjle efkeĆ¢Ćee ieĆee nw.
(Ke) leguevehe$e keĆ¢er leejerKe keĆ¢es yekeĆ¢eĆee SJeb Å”sef[bie kesĆ¢ efueS heeefjle efJeosMeer cegƵe mhee@Å” SJeb JeeĆeoe meehes#e osĆeleeDeeW keĆ¢es āŗeĆ¢ceMe: HeĆ¢s[eF& Ćeje DeefOemetefĆele meceeefhle mhee@Å” SJeb JeeĆeoeojeW hej leLee Debleefjce heefjhekeƤJelee Jeeueer mebefJeoeDeeW keĆ¢es FbÅ”jheesuesÅ”s[ ojeW hej hegvece&tefuĆele efkeĆ¢Ćee ieĆee nw.
(ie) Deeceoveer SJeb KeĆeeX keĆ¢es HeƤsĆ¢[eF& Ćeje HeĆlĆeskeĆ¢ efleceener kesĆ¢ Deble ceW metefĆele keĆ¢er ieF& Deewmele efleceener ojeW Hej Ā¤Heebleefjle efkeĆ¢Ćee ieĆee nw.
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d. The resulting exchange differences are not recognized as income or expense for the period but accumulated in a separate account āForeign Currency Translation Reserveā till the disposal of the net investment.
11.5 Forward Exchange Contracts
In accordance with the guidelines of FEDAI and the provisions of AS 11, Foreign exchange spot and forward contracts outstanding as at the balance sheet date and held for trading, are revalued at the closing spot and forward rates respectively notified by FEDAI and at interpolated rates for contracts of interim maturities. The resulting forward valuation profit or loss is included in the Profit and Loss Account.
12 tAXES On inCOME:
This comprises of provision for Income tax and deferred tax charge or credit (reflecting the tax effects of timing differences between accounting income and taxable income for the period) as determined in accordance with AS 22 (Accounting for taxes on Income) issued by ICAI. Deferred tax is recognised subject to consideration of prudence in respect of items of income and expenses those arise at one point of time and are capable of reversal in one or more subsequent periods. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which the timing differences are expected to be reversed. The effect on deferred tax assets and liabilities of a change in tax rates is recognised in the income statement in the period of enactment of the change.
13 EARninGS PER ShARE:
The Parent reports basic and diluted earnings per equity share in accordance with the AS 20 (Earnings per Share) issued by the ICAI. Basic earning per equity share has been computed by dividing net income by the weighted average number of equity shares outstanding for the period. Diluted earning per equity share has been computed using the weighted average number of equity shares and dilutive potential equity shares outstanding during the period.
14 PROViSiOnS, COntinGEnt LiABiLitiES AnD COntinGEnt ASSEtS:
As per the AS 29 (Provisions, Contingent Liabilities and Contingent Assets) issued by ICAI, the Parent recognizes provisions only when it has a present obligation as a result of a past event, it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and when a reliable estimate of the amount of the obligation can be made.
Contingent liability is disclosed unless the possibility of an outflow of resources embodying economic benefit is remote.
Contingent Assets are not recognized in the financial statements since this may result in the recognition of income that may never be realised.
(Ie) HeefjCeeceer efJeefveceĆe DeblejeW keĆ¢er ieCevee Gme DeJeefOe kesĆ¢ efueS DeeĆe DeLeJee JĆeĆe kesĆ¢ Ā¤He ceW veneR keĆ¢er ieF& nw leLee Fmes MegƦ efveJesMeeW kesĆ¢ efvemleejCe nesves lekeĆ¢ Deueie mes SkeĆ¢ Keeles āāefJeosMeer cegƵe Ā¤HeeblejCe HeĆejef#ele efveefOeāā ceW jKee ieĆee nw.
11.5 JeeĆeoe efJeefveceĆe keĆ¢jej
uesKee ceevekeĆ¢ SSme 11 leLee YeejleerĆe efJeosMeer cegƵe JĆeeheejer mebIe (HesĆ¢[eF&) kesĆ¢ efoMeeefveoxMeeW kesĆ¢ Devegmeej JĆeeheej nsleg Oeeefjle yekeĆ¢eĆee efJeosMeer cegƵe neefpej (mhee@Å”) SJeb JeeĆeoe mebefJeoeDeeW keĆ¢es legueve he$e keĆ¢er efleefLe keĆ¢es HesĆ¢[eF& Ćeje DeefOemetefĆele yebo neefpej SJeb JeeĆeoe yeepeej mebefJeoeDeeW SJeb Devleefjce heefjhekeƤJelee mebefJeoeDeeW keĆ¢es FvÅ”jheesuesÅ” ojeW hej hegvecet&uĆeebefkeĆ¢le efkeĆ¢Ćee peelee nw. FmekesĆ¢ HeĆ¢uemJeĀ¤he JeeĆeoe cetuĆeebkeĆ¢ve ueeYe DeLeJee neefve keĆ¢es ueeYe-neefve Keeles ceW Meeefceue efkeĆ¢Ćee peelee nw.
12. DeeĆe Hej keĆ¢j
FmeceW YeejleerĆe meveoer uesKeekeĆ¢ej mebmLee (DeeF&meerSDeeF&) kesĆ¢ uesKeebkeĆ¢ve ceeveob[ 22 kesĆ¢ Devegmeej efveOee&efjle (mecyeƦ DeJeefOe kesĆ¢ efueS uesKee DeeĆe leLee keĆ¢jĆeesiĆe DeeĆe kesĆ¢ yeerĆe efYevvelee mes keĆ¢jeW kesĆ¢ HeĆYeeJe keĆ¢es oMee&les ngS) DeeĆekeĆ¢j kesĆ¢ efueS HeĆeJeOeeve, DeemLeefiele keĆ¢j DeLeJee āŗesĆ¢ef[Å” Meeefceue nQ. DeemLeefiele keĆ¢j keĆ¢es, Deeceoveer SJeb KeĆe& keĆ¢er Gve ceoeW kesĆ¢ mebyebOe ceW pees efkeĆ¢meer SkeĆ¢ meceĆe efyebog hej efveOee&efjle nesleer nw Deewj pees SkeĆ¢ DeLeJee DeefOekeĆ¢ HejJeleea DeJeefOeĆeeW ceW HeĆlĆeeJele&ve ĆeesiĆe nQ, efJeJeskeĆ¢HetCe& veerefle kesĆ¢ DeOĆeOeerve efnmeeye ceW efueĆee peelee nw. DeemLeefiele keĆ¢j DeeefmleĆeeW SJeb osĆeleeDeeW keĆ¢er ieCevee DeefOeefveĆeefcele keĆ¢j ojeW Hej, Gve Je<eeX keĆ¢er DeHesef#ele ojeW Hej keĆ¢er peeleer nw efpeve Je<eeX ceW meceĆe DeblejeueeW kesĆ¢ efjJeme& keĆ¢jves keĆ¢er mebYeeJevee nesleer nw. keĆ¢j keĆ¢er ojeW ceW HeefjJele&ve kesĆ¢ HeĆYeeJe kesĆ¢ keĆ¢ejCe DeemLeefiele keĆ¢j osĆeleeDeeW SJeb DeeefmleĆeeW hej ngS ĆeYeeJe keĆ¢es Gme DeJeefOe keĆ¢er DeeĆe efJeJejCeer, efpemeceW Ssmes HeefjJele&ve keĆ¢es DeefOeefveĆeefcele efkeĆ¢Ćee ieĆee nes, kesĆ¢ DeeOeej hej efnmeeye ceW efueĆee peelee nw.
13. HeĆefle MesĆej Depe&ve
yeQkeĆ¢ Ćeje DeHeves yesefmekeĆ¢ SJeb [eFuĆetÅ”s[ HeĆefle F&efkeƤJeÅ”er MesĆej Depe&ve keĆ¢es YeejleerĆe meveoer uesKeekeĆ¢ej mebmLeeve kesĆ¢ Fme mebyebOe ceW peejer uesKee ceevekeĆ¢ 20 (HeĆefle MesĆej Depe&ve) kesĆ¢ Devegmeej efjHeesÅ”& efkeĆ¢Ćee ieĆee nw. yesefmekeĆ¢ HeĆefle MesĆej Depe&ve keĆ¢er ieCevee MegƦ DeeĆe keĆ¢es DeJeefOe kesĆ¢ efueS yekeĆ¢eĆee Yeeefjle Deewmele F&efkeƤJeÅ”er MesĆejeW keĆ¢er mebKĆee mes efJeYeeefpele keĆ¢j ueer ieF& nw. [eFuĆetÅ”s[ HeĆefle MesĆej Depe&ve keĆ¢er ieCevee MegƦ DeeĆe keĆ¢es Gme DeJeefOe kesĆ¢ efueS yekeĆ¢eĆee Yeeefjle FefkeƤJeÅ”er MesĆejeW SJeb Fme DeJeefOe kesĆ¢ oewjeve [eĆeuĆetÅ”s[ F&efkeƤJeÅ”er MesĆejeW keĆ¢er mebKĆee ceW ieCevee keĆ¢er ieF& nw.
14. HeĆeJeOeeve, DeekeĆ¢efmcekeĆ¢ osĆeleeSb Je DeekeĆ¢efmcekeĆ¢ DeeefmleĆeeb
YeejleerĆe meveoer uesKeekeĆ¢ej mebmLeeve kesĆ¢ Fme mebyebOe ceW peejer uesKee ceevekeĆ¢ 29 (DeekeĆ¢efmcekeĆ¢ osĆeleeDeeW SJeb DeekeĆ¢efmcekeĆ¢ DeeefmleĆeeW kesĆ¢ efueS HeĆeJeOeeve) kesĆ¢ Devegmeej yeQkeĆ¢ Ćeje DeekeĆ¢efmcekeĆ¢ osĆeleeDeeW SJeb DeekeĆ¢efmcekeĆ¢ DeeefmleĆeeW kesĆ¢ efueS HeĆeJeOeeve efJeiele ceW ngF& efkeĆ¢meer IeÅ”vee mes GlHevve ngS Jele&ceeve oeefĆelJe kesĆ¢ efueS efkeĆ¢Ćee ieĆee nw. Ćen mebYeJe nw efkeĆ¢ Fme oeefĆelJe kesĆ¢ efvemleejCe kesĆ¢ efueS DeeefLe&keĆ¢ mebmeeOeveeW keĆ¢er DeeJeMĆekeĆ¢lee nes Deewj leye Fme oeefĆelJe nsleg jeefMe keĆ¢e efJeMJemeveerĆe cetuĆeebkeĆ¢ve efkeĆ¢Ćee pee mekesĆ¢.
peye lekeĆ¢ DeeefLe&keĆ¢ ueeYe kesĆ¢ mebmeeOeveeW kesĆ¢ DeeGÅ”HeƤuees keĆ¢er mebYeeJevee DeĆøelĆe#e ve nes leye lekeĆ¢ DeekeĆ¢eqmcekeĆ¢ osĆeleeDeeW keĆ¢e ĆøekeĆ¢Å”erkeĆ¢jCe efkeĆ¢Ćee peelee nw.
DeekeĆ¢efmcekeĆ¢ DeeefmleĆeeW keĆ¢es efJeĆ²eerĆe efJeJejCe veneR ceevee ieĆee nw. keƤĆeeWefkeĆ¢ FmekeĆ¢er DeeĆe, efpemekeĆ¢er Jemetueer veneR nes mekeĆ¢leer nw, kesĆ¢ efveOee&jCe kesĆ¢ HeĆ¢uemJeĀ¤he nes mekeĆ¢lee nw.
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DevegmetĆeer - 19 : 31 ceeĆe& 2012 keĆ¢es meceehle efJeĆ²eerĆe Je<e& keĆ¢er mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeW hej veesÅ”Schedule-19 - Notes on the Consolidated Financial Statements for the year ended 31st march 20121. mecesefkeĆ¢le efJeĆ²eerĆe efJeJejCeer (meerSHeĆ¢Sme) ceW yeQkeĆ¢ Dee@]heĆ¢ yeĆ[ewoe (cetue mebmLee) leLee
efvecveefueefKele Deveg<ebefieĆeeW/menĆeesieer FkeĆ¢eFĆeeW/mebĆegĆ²eĆ¢ GĆ eceeW kesĆ¢ HeefjCeece Meeefceue nQ.
1.1 Deveg<ebefieĆeeb osMe, peneb
efJeĆ eceeve nw
mJeeefcelJe keĆ¢e DevegHeele
31.03.12 31.03.11
1.1.1 osMeerĆe Deveg<ebefieĆeeb
keĆ¢) yeQefkebĆ¢ie
1) vewveerleeue yeQkeĆ¢ efue. Yeejle 98.57% 98.57%
Ke) iewj yeQefkebĆ¢iei) yee@ye kewĆ¢efHeÅ”ue ceekexĆ¢Å” efue. Yeejle 100.00% 100.00%
ii) yee@ye keĆ¢e[&me efue. Yeejle 100.00% 100.00%
1.1.2 efJeosMeer Deveg<ebefieĆeeb
keĆ¢) yeQefkebĆ¢iei) yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (yeeslmeJeevee) efue. yeeslmeJeevee 100.00% 100.00%
ii) yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (kesĆ¢vĆee) efue. kesĆ¢vĆee 86.70% 86.70%
iii) yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (Ćetieeb[e) efue. Ćetieeb[e 80.00% 80.00%
iv) yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (iegĆeevee) DeeFSvemeer iegĆeevee 100.00% 100.00%
v) yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (lebpeeefveĆee) efue. lebpeeefveĆee 100.00% 100.00%
vi) yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe ef$eefveoeo SJebÅ”esyesiees efueefceÅ”s[
ef$eefveoeoSJeb Ŕesyesiees
100.00% 100.00%
vii) yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (Ieevee) efue. Ieevee 100.00% 100.00%
viii) yeQkeĆ¢ Dee@]heĆ¢ yeĆ[ewoe (vĆetpeeruewv[) efue. vĆetpeeruewv[ 100.00% 100.00%
Ke) iewj yeQefkebĆ¢iei) yee@ye (Ćet kesĆ¢) efue. ĆetveeFÅ”s[
eEkeĆ¢ie[ce
100.00% 100.00%
1.2 menĆeesieer FkeĆ¢eFĆeeb
mecesefkeĆ¢le efJeĆ²eerĆe efJeJejCeer (meerSHeĆ¤Ć¢Sme) ceW meceeefnle menĆeesieer FkeĆ¢eFĆeeW kesĆ¢ efJeJejCe efvecveefueefKele nQ :
1. 1. The Consolidated Financial Statements (CFS) of the group comprise the results of the Bank of Baroda (Parent) and the following Subsidiaries/Associates/Joint Ventures:
1.1 Subsidiaries Country of Incorpo- ration
Percentage of Ownership as on
31.03.2012 31.03.2011
1.1.1 Domestic Subsidiaries
a) Banking
i) The Nainital Bank Ltd. India 98.57 98.57
b) Non Banking
i) BOB Capital Markets Ltd. India 100.00 100.00
ii) BOB Cards Ltd. India 100.00 100.00
1.1.2 Overseas Subsidiaries
a) Banking
i) Bank of Baroda (Botswana) Ltd. Botswana 100.00 100.00
ii) Bank of Baroda (Kenya) Ltd. Kenya 86.70 86.70
iii) Bank of Baroda (Uganda) Ltd. Uganda 80.00 80.00
iv) Bank of Baroda (Guyana) Inc. Guyana 100.00 100.00
v) Bank of Baroda (Tanzania) Ltd Tanzania 100.00 100.00
vi) Bank of Baroda Trinidad & Tobago ltd.
Trinidad & Tobago
100.00 100.00
vii) Bank of Baroda (Ghana) Ltd. Ghana 100.00% 100.00%
viii) Bank of Baroda (Newzealand) Ltd. Newzealand 100.00% 100.00%
b) Non Banking
i) BOB (UK) Ltd. United Kingdom
100.00% 100.00%
1.2 Associates
The particulars of Associates considered in the CFS are as under:
veece Name osMe, peneb efJeĆ eceeve nw
Country of Incorporation
cetue mebmLee keĆ¢e efnmmee (%)Parentās ownership Interest (%) as on
31.03.12 31.03.11
(keĆ¢) Fv[es peeefcyeĆee yeQkeĆ¢ efueefceÅ”s[ (a) Indo Zambia Bank Limited peeefcyeĆee /Zambia 20 20
(Ke) yeĆ[ewoe HeeĆeesefveĆej DemesÅ” cesvespecesvÅ” kebĆ¢Heveer efue. (b) Baroda Pioneer Asset Management Co. Ltd. Yeejle/ India 49 49
(ie) #es$eerĆe ieĆeceerCe yeQkeĆ¢:- (c) Regional Rural Banks
i) yeĆ[ewoe GĆ²ej ĆeosMe ieĆeceerCe yeQkeĆ¢ i) Baroda Uttar Pradesh Gramin Bank Yeejle/ India 35 35
ii) vewveerleeue-DeuceeĆs[e #es$eerĆe ieĆeceerCe yeQkeĆ¢ ii) Nainital-Almora Kshetriya Gramin Bank Yeejle/ India 35 35
iii) yeĆ[ewoe jepemLeeve ieĆeceerCe yeQkeĆ¢ iii) Baroda Rajasthan Gramin Bank Yeejle/ India 35 35
iv) yeĆ[ewoe iegpejele ieĆeceerCe yeQkeĆ¢ iv) Baroda Gujarat Gramin Bank Yeejle/ India 35 35
v) PeeyegDee-Oeej #es$eerĆe ieĆeceerCe yeQkeĆ¢ v) Jhabua-Dhar Kshetriya Gramin Bank Yeejle/ India 35 35
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1.3 mebĆegĆ²eĆ¢ GĆ ece
āŗeĆ¢.
meb
efJeJejCe Sr.No.
Particulars 31.03.2012 keĆ¢esAs at
31.03.2012
31.03.2011 keĆ¢esAs at
31.03.2011
(keĆ¢) menĆeesieer FkeĆ¢eFĆeeW ceW efveJesMe keĆ¢er ueeiele a. Cost of Investment in Associates 152.94 141.39
(Ke) GHejeskeƤle (keĆ¢) ceW Meeefceue DeefOeieĆnCe Hej meeKe b. Goodwill on acquisition included in (a) above
- -
(ie) GHejeskeƤle (keĆ¢) ceW DeefOeieĆnCe Hej Ćøeejef#ele hetbpeer c. Capital reserve on acquisition included in (a) above
25.27 25.27
(Ie) Hegvecet&uĆeebefkeĆ¢le Ćøeejef#ele efveefOe Deewj SHeĆ¢meer mebJĆeJenej Ćøeejef#ele efveefOe kesĆ¢ Keeles ceW HeefjJeOe&ve
d. Additions on account of Revaluation reserve & Foreign Currency Translation reserve
3.54 3.62
(*) DeefOeieĆnCe GHejevle ieg[ efJeue/Deejef#ele hetbpeer kesĆ¢ueeYe (MegƦ) keĆ¢e DebMe
e. Share of post acquisition profits (Net) of Goodwill/ Capital Reserve
239.11 197.54
(Će) 31 ceeĆe& keĆ¢es efveJesMe (keĆ¢-Ke-ie + Ie + *) f. Investment as at 31st March (a -b-c+d+e)
370.32 317.28
(Ć) Yeejle ceW efveJesMe g. Investment in India 324.61 279.66
(pe) Yeejle kesĆ¢ yeenj efveJesMe h. Investment outside India 45.71 37.62
(Pe) kegĆ¢ue (Ć + pe) i. Total (g + h) 370.32 317.28
3. Deveg<ebefieĆeeW /menĆeesieer FkeĆ¢eFĆeeW keĆ¢er efJeĆ²eerĆe efJeJejefCeĆeeb
3.1.1 Deveg<ebefieĆeeW leLee menĆeesieer FkeĆ¢eFĆeeW keĆ¢er efJeĆ²eerĆe efJeJejefCeĆeeb, yeQkeĆ¢ Dee@]HeĆ¤Ć¢ yeĆ[ewoe (Ćetieeb[e) efue.(FmekeĆ¢er mebhetCe& mJeeefcelJe Jeeueer Deveg<ebieer yeQkeĆ¢ Dee@]heĆ¢ yeĆ[ewoe kewĆ¢efHeÅ”ue ceekexĆ¢Å” Ćetieeb[e efue. keĆ¢es Meeefceue keĆ¢jles ngS), yeQkeĆ¢ Dee]@HeĆ¤Ć¢ yeĆ[ewoe (kesĆ¢vĆee) efue., yeQkeĆ¢ Dee]@HeĆ¤Ć¢ yeĆ[ewoe (lebpeeefveĆee) efue. keĆ¢es ĆeĆs[keĆ¢j, efpevekeĆ¢er 31 ceeĆe&, 2012 lekeĆ¢ lewĆeej keĆ¢er ieF& nw Gmeer efjHeesefÅ”Ćie leejerKe kesĆ¢ Devegmeej lewĆeej keĆ¢er ieF& nQ efpeme leejerKe keĆ¢es cetue mebmLee keĆ¢er efJeJejCeer lewĆeej keĆ¢er ieF& nw. GkeƤle Deveg<ebefieĆeeW keĆ¢er efJeJejefCeĆeeb 31 efomebyej, 2011 keĆ¢er efmLeefle kesĆ¢ DevegĀ¤He lewĆeej keĆ¢er ieF& nQ. HeĆyebOeve Ćeje ĆeLee HeĆceeefCele 1 peveJejer, 2012 mes 31 ceeĆe&, 2012 kesĆ¢ yeerĆe DeHesef#ele meceeĆeespeveeW nsleg keĆ¢esF& GuuesKeveerĆe mebJĆeJenej veneR ngDee nw.
3.1.2 mecesefkeĆ¢le efJeĆ²eerĆe efJeJejCeer Je<e& 2011-12 ceW yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (yeeslmeJeevee) efue. leLee yeQkeĆ¢ Dee@]heĆ¢ yeĆ[ewoe (ef$eefveoeo SJeb Å”esyewiees) efue. kesĆ¢ DeuesKee hejeref#ele efJeĆ²eerĆe efJeJejefCeĆeeW keĆ¢e Yeer meceeJesMe nw.
3.2 yeQkeĆ¢ keĆ¢er menĆeesieer FkeĆ¢eF& yeĆ[ewoe HeeĆeesefveĆej SmesÅ” cewvespeceWÅ” kebĆ¢.efue. keĆ¢er efveJesMe leLee DeĆeue DeeefmleĆeeW Hej cetuĆeĆeme kesĆ¢ efueS ĆøeeJeOeeve keĆ¢er uesKeebkeĆ¢ve veerefleĆeeb yeQkeĆ¢ (cetue mebmLee) mes efYevve nQ. FmekesĆ¢ HeĆYeeJe kesĆ¢ HeĆceeCe keĆ¢e GuuesKe mecesefkeĆ¢le efJelleerĆe efJeJejCe ceW vener efoĆee ieĆee nw, keƤĆeeWefkeĆ¢ ĆeyebOeve keĆ¢er jeĆe ceW Ćen cenlJehetCe& veneR nw.
3. Financial Statements of Subsidiaries / Associates
3.1.1 The audited financial statements of the subsidiaries and associates have been drawn up to the same reporting date as that of the Parent i.e. 31st March, 2012 except for Bank of Baroda (Uganda) Ltd, (including its wholly-owned subsidiary Baroda Capital Markets (Uganda) Ltd.), Bank of Baroda (Kenya) Ltd., Bank of Baroda (Ghana) Ltd. and Bank of Baroda (Tanzania) Ltd., which have been drawn up to 31st December, 2011. As certified by the Management, there are no significant transactions or other events during 1st January, 2012 to 31st March, 2012 requiring adjustment therein.
3.1.2 CFS for the year 2011-12 of the group includes unaudited financial statements of subsidiaries viz., Bank of Baroda (Botswana) Ltd. and Bank of Baroda (Trinidad and Tobago) Ltd.
3.2 The accounting policies of Baroda Pioneer Asset Management Co. Ltd, an associate of the parent on Investments and Provision for Depreciation on Fixed Assets are different from the Parent. Impact of the same is not given in the Consolidated Financial Statement, and in the opinion of the Management the same is not material.
1.3 Joint Ventures
veece / Name osMe peneb efJeĆ eceeve nwCountry of Incorporation
cetue mebmLee keĆ¢e efnmmeePercentage of Ownership (%) as on
31.03.2012 31.03.2011
keĆ¢)a)
FefC[ĆeeHeĆ¢mÅ”& ueeFHeĆ¢ FbMĆeesjWme keĆ¢cheveer efue.IndiaFirst Life Insurance Company Ltd.
Yeejle India
44 44
Ke)b)
FefC[Ćee FbÅ”jvesMeveue yeQkeĆ¢ (ceuesefMeĆee) yeerSĆe[er.India International Bank (Malaysia) Bhd.
ceuesefMeĆeeMalaysia
40 40
2. Particulars of the Investment in Associates
(` keĆ¢jesĆ[ ceW / ` in Crores)2. menĆeesieer FkeĆ¢eFĆeeW ceW efveJesMe keĆ¢e efJeJejCe
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4. The accounts of the following domestic subsidiaries for the year ended 31st March, 2012 are subject to the comments of Comptroller & Auditor General of India under Section 619(4) of the Companies Act, 1956:
1) BOB Capital Markets Ltd. 2) BOB Cards Ltd.
5. Capital Reserves
Capital Reserve includes appreciation arising on revaluation of immovable properties, profit on sale of HTM securities (net of tax and transfer to Statutory Reserve) and amount subscribed by Government of India under the World Bankās Scheme for Export Development Projects / Industrial Export Projects for small / medium scale industries.
6. Provision for Taxes
6.1 Provision for taxes are arrived at after due consideration of decisions of appellate authorities and advice of Consultant.
6.2 Tax paid in advance / tax deducted at source is net of provisions and is appearing under āOther Assetsā amounting to 2017.81 crores, includes 1993.11 crores of the parent, represents amounts adjusted by the department / paid by the Parent in respect of disputed tax demands for various assessment years. No provision is considered necessary in respect of the said demands as in the parentās view, duly supported by counsels opinion and / or judicial pronouncements, additions / disallowances made by the Assessing Officer are not sustainable.
7 Certain properties of the Parent are stated at revalued amounts. The gross amount of the revaluation included in premises as at the year 1777.43 crores (including 30.55 crores at overseas offices) and net of depreciation the revaluation amounts to `1173.68 crores (Previous Year `1242.49 crores).
8 Break up of Provisions and Contingencies
The break-up of provisions and contingencies appearing in Profit & Loss Account is as under:
(` keĆ¢jesĆ[ ceW / ` in Crores)
efJeJejCe Particulars Ćeeuet Je<e&Current Year
efJeiele Je<e&Previous Year
yeĆ³sKeeles [eues ieS $e+CeeW/SveheerS kesĆ¢ efueS ĆeeJeOeeve Bad debts written off / Provision made towards NPA 1595.98 1086.11
hegveie&ef"le ceevekeĆ¢ Je DeJeceevekeĆ¢ KeeleeW ceW yĆeepe kesĆ¢ mesāŗeĆ¢erHeĆ¢eFpe nsleg ĆeeJeOeeve
Provision towards sacrifice of interest in Restructured standard and sub-standard accounts
296.32 (4.71)
osMeiele peesefKece ĆeyebOeve nsleg ĆeeJeOeeve Provision for Country Risk Management 5.22 2.06
keĆ¢jeW kesĆ¢ efueS ĆeeJeOeeve (DeemLeefiele keĆ¢j meefnle) Provision for taxes (including deferred Taxes) 1087.98 1477.22
efveJesMe hej cetuĆeĆeme nsleg ĆeeJeOeeve Provision for depreciation on investment 238.81 12.12
ceevekeĆ¢ DeeefmleĆeeW nsleg ĆeeJeOeeve Provision for standard assets 449.66 224.16
keĆ¢ce&Ćeejer keĆ¢uĆeeCe JĆeĆe nsleg ĆeeJeOeeve Provision for staff welfare expenses 25.00 15.00
DevĆe Others 493.76 369.06
peesĆ[ Total 4192.73 3181.02
4. 31.03.2012 keĆ¢es meceehle Je<e& nsleg efvecveefueefKele osMeerĆe Deveg<ebefieĆeeW kesĆ¢ Keeles kebĆ¢Heveer DeefOeefveĆece, 1956 keĆ¢er Oeeje 619 (4) kesĆ¢ Debleie&le Yeejle kesĆ¢ efveĆeb$ekeĆ¢ SJeb ceneuesKee Hejer#ekeĆ¢ keĆ¢er efÅ”HHeefCeĆeeW kesĆ¢ DeOĆeOeerve nQ :
1) yee@ye kewĆ¢efHeÅ”ue ceekexĆ¢Å”med efue. 2) yee@ye keĆ¢e[&med efue.
5. Hetbpeeriele HeĆejef#ele efveefOe
Hetbpeeriele HeĆejef#ele efveefOe ceW DeĆeue mebHeefĆ²eĆeeW kesĆ¢ Hegvecet&uĆeebkeĆ¢ve kesĆ¢ HeĆ¤Ć¢uemJeĀ¤He nesves Jeeueer cetuĆeJe=efƦ SĆeÅ”erSce ĆeefleYetefle efyeāŗeĆ¢er hej ueeYe (keĆ¢j SJeb Ćeejef#ele efveefOe ceW DeblejCe kesĆ¢ heĀ§eeled) leLee ueIeg / ceOĆece GĆ eesieeW kesĆ¢ efueS efveĆee&le efJekeĆ¢eme HeefjĆeespeveeDeeW /DeewĆ eesefiekeĆ¢ efveĆee&leeW HeefjĆeespeveeDeeW nsleg efJeMJe yeQkeĆ¢ keĆ¢er ĆeespeveeDeeW kesĆ¢ Debleie&le Yeejle mejkeĆ¢ej keĆ¢er DebMeoeve jeefMe Meeefceue nQ.
6. keĆ¢jeW kesĆ¢ efueS ĆeeJeOeeve
6.1 DeeĆekeĆ¢j keĆ¢e HeĆeJeOeeve, DeHeerueerĆe HeĆeefOekeĆ¢eefjĆeeW kesĆ¢ efveCe&ĆeeW keĆ¢es OĆeeve ceW jKeles ngS leLee HejeceMe&oelee kesĆ¢ HejeceMe& mes efkeĆ¢Ćee ieĆee nw.
6.2 DeefĀ«ece Ā¤he mes Yegieleeve efkeĆ¢Ćee ieĆee keĆ¢j/Åeesle hej keĆ¢eÅ”e ieĆee keĆ¢j, ĆeeJeOeeve kesĆ¢ Ghejeble nw SJeb Ćen DevĆe DeeefmleĆeeW' kesĆ¢ lenle 2017.81 keĆ¢jesĆ[ jKee ieĆee nw. FmeceW cetue keĆ¢e `1993.11 keĆ¢jesĆ[ Meeefceue nw pees efJeefYeVe Je<eeX kesĆ¢ oewjeve yeQkeĆ¢ Ćeje Yegieleeve efkeĆ¢S ieS efJeJeeefole keĆ¢j ceebieeW kesĆ¢ Yegieleeve mes mebyebefOele meceeĆeesefpele jeefMe nw. GĆ²eĆ¢ ceebieeW kesĆ¢ mebyebOe ceW yeQkeĆ¢ Ćeje efkeĆ¢meer ĆekeĆ¢ej keĆ¢e ĆeeJeOeeve DeeJeMĆekeĆ¢ veneR mecePee ieĆee nw keƤĆeeWefkeĆ¢ yeQkeĆ¢ keĆ¢er jeĆe leLee GmekesĆ¢ keĆ¢eGbefmeuees keĆ¢er jeĆe Deewj/DeLeJee vĆeeefĆekeĆ¢ Iees<eCeeDeeW kesĆ¢ Devegmeej efveOee&jCe keĆ¢lee& DeefOekeĆ¢ejer Ćeje heefjJeOe&ve/DemJeerke=Ć¢efle DeefveĆele nw.
7. yeQkeĆ¢ keĆ¢er kegĆ¢Ć mebheefĆ²eĆeeb hegvecet&efuĆele jeefMe kesĆ¢ DeeOeej hej oMee&Ćeer ieĆeer nw. heefjmej kesĆ¢ mebyebOe ceW Je<e& kesĆ¢ Deble lekeĆ¢ kegĆ¢ue hegvece&tuĆeve jeefMe 1773.43 keĆ¢jesĆ[ (efJeosMeer keĆ¢eĆee&ueĆeeW kesĆ¢ `30.55 keĆ¢jesĆ[ meefnle) leLee cetuĆeĆeme kesĆ¢ Ghejeble hegvece&tuĆeve jeefMe `1173.68 keĆ¢jesĆ[ (efheĆues Je<e& `1242.49 keĆ¢jesĆ[) Meeefceue efkeĆ¢Ćee ieĆee nw.
8. ĆeeJeOeeveeW SJeb DeekeĆ¢efmcekeĆ¢leeDeeW keĆ¢e Deueie Deueie efJeJejCe
ueeYe neefve Keeles ceW oMee&S ieS ĆeeJeOeeveeW SJeb DeekeĆ¢efmcekeĆ¢leeDeeW keĆ¢e Deueie Deueie efJeJejCe efvecveevegmeej nw :
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9. AS-15 Employee Benefits [Parent]
Disclosures
Principal Actuarial Assumptions [Expressed as Weighted Averages]
(` keĆ¢jesĆ[ ceW) / (` in crores)
Ćeespevee keĆ¢e mJeĀ¤he / TYPE OF PLAN
HeWMevePension
DeJekeĆ¢eMe vekeĆ¢oerkeĆ¢jCe
Leave encashment
GHeoeveGratuity
Deefle. mesJee ueeYe
ARB
ef[mkeĆ¢eGbÅ” oj Discount rate 8.75% 8.50% 8.50% 8.50%
Jesleve Je=efƦ oj Salary Escalation Rate 4.00% 4.00% 4.00% 4.00%
Ćeme oj Attrition Rate 2.00% 2.00% 2.00% 2.00%
Ćeespeveeiele DeeefmleĆeeW Hej mebYeeefJele efjÅ”ve& jsÅ” Expected Rate of Return on plan Assets 8.00% - 8.00% -
Reconciliation of opening and closing balance of liability
(` keĆ¢jesĆ[ ceW) / (` in crores)
Ćeespevee keĆ¢e mJeĀ¤he / TYPE OF PLAN
HeWMevePension
DeJekeĆ¢eMe vekeĆ¢oerkeĆ¢jCe
Leave encashment
GHeoeveGratuity
Deefle. mesJee ueeYe
ARB
1/4/2011 keĆ¢es HeerJeerDees PVO as at 01.04.2011 6654.04 559.91 1327.35 441.52
peesĆ[sb-yĆeepe keĆ¢er ueeiele Add- Interest Cost 563.82 48.43 111.95 37.28
peesĆ[sb-Ćeeuet mesJee ueeiele Add- Current Service Cost 146.39 33.90 53.96 12.25
IeÅ”eĆesb-HeĆoĆ²e ueeYe Less- Benefits Paid 334.44 48.16 128.45 30.47
peesĆ[sb-oeefĆelJe Hej yeerceebefkeĆ¢keĆ¢ neefve/ueeYe(-) Add- Actuarial loss/gain(-) on obligation 3.74 -28.07 52.04 -13.96
31.03.2012 keĆ¢es HeerJeerDees PVO as at 31.03.2012 7033.55 566.01 1416.85 446.62
Reconciliation of opening & closing balance of fair value of plan assets
(` keĆ¢jesĆ[ ceW / `in Crores)
Ćeespevee keĆ¢e mJeĀ¤he / TYPE OF PLAN
HeWMevePension
GHeoeveGratuity
1/4/2011 keĆ¢es Ćeespeveeiele DeeefmleĆeeW keĆ¢e GefĆele cetuĆe Fair Value of plan assets as on 01-04-2011 4388.57 906.86
peesĆ[W- Ćeespeveeiele DeeefmleĆeeW hej mebYeeefJele efjÅ”ve& Add- Expected Return on Plan Assets 431.11 101.05
peesĆ[W- DebMeoeve Add- Contributions 1167.53 420.50
peesĆ[W- DevĆe vĆeeme SJeb meomĆeeW mes Debleefjle Add- transfer from other trust and members 97.58 -
IeÅ”eĆeW-HeĆoĆ²e ueeYe Less- Benefits Paid 334.44 128.45
peesĆ[W-yeerceebefkeĆ¢keĆ¢ ueeYe / (-) neefve Add- Actuarial gain/(-)loss -10.06 8.88
31.03.2012 keĆ¢es Ćeespeveeiele DeeefmleĆeeW keĆ¢e GefĆele cetuĆe Fair Value of Plan Assets as on 31.03.2012 5740.29 1308.84
9. S Sme-15 - keĆ¢ce&Ćeejer ueeYe (yeQkeĆ¢)
uesKee ceevekeĆ¢ ĆøekeĆ¢Å”erkeĆ¢jCe -
cetue yeerceebefkeĆ¢keĆ¢ OeejCee (Yeeefjle Deewmele kesĆ¢ Ā¤He ceW JĆekeƤle)
osĆeleeDeeW kesĆ¢ DeejbefYekeĆ¢ Deewj Debeflece Mes<e keĆ¢e meceeOeeve
Ćeespevee DeeefmleĆeeW kesĆ¢ GefĆele cetuĆe kesĆ¢ DeejbefYekeĆ¢ Mes<e SJeb Debeflece Mes<e keĆ¢e meceeOeeve
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legueve-He$e ceW ceevĆe jeefMe Amount recognized in the Balance Sheet
( ` keĆ¢jesĆ[ ceW / ` in Crores)
Ćeespevee keĆ¢e mJeĀ¤he TYPE OF PLAN
HeWMevePENSION
DeJekeĆ¢eMe vekeĆ¢oerkeĆ¢jCe LEAVE
ENCASHMENT
ieĆsĆĆegÅ”er GRATUITY
Deefle. mesJee ueeYe
ARB
keĆ¢) oeefĆelJe keĆ¢e HeerJeer a) PV of obligation 7033.55 566.01 1416.85 446.62
Ke) Ćeespeveeiele DeeefmleĆeeW keĆ¢e GefĆele cetuĆe b) Fair value of plan assets 5740.29 - 1308.84 -
ie) Devlej c) Difference 1293.26 566.01 108.01 446.62
Ie) DeefveOee&efjle mebāŗeĆ¢ceCeMeerue osĆelee d) Unrecognised transitional liability 1097.94 - - -
*) leguevehe$e ceW ceevĆe osĆelee e) Liability Recognised in the BS 195.32 566.01 108.01 446.62
ueeYe-neefve Keeles ceW efveOee&efjle jeefMe Amount recognized in the P & L Account
( ` keĆ¢jesĆ[ ceW / ` in Crores)
Expected contribution for next period (2012-13)
( ` keĆ¢jesĆ[ ceW / ` in Crores)
investment Pattern ( ` keĆ¢jesĆ[ ceW / ` in Crores)
efJeJejCe Particulars HeWMeve / Pension ieĆsĆĆegÅ”err / Gratuity
mebYeeefJele DebMeoeve Expected contribution 401.57 136.01
efJeJejCe Particulars Pension Gratuity
kesĆ¢vƵerĆe mejkeĆ¢ej ĆøeefleYetefleĆeeb Central Government Securities 23.91 % 20.33 %
jepĆe mejkeĆ¢ej ĆøeefleYetefleĆeeb State Government Securities 20.74 % 21.56 %
keĆ¢eheexjsÅ” (heerSmeĆet) Corporate (PSU) 34.69 % 29.41 %
keĆ¢eheexjsÅ” (heĆeFJesÅ”) Corporate (Private) 3.05 % 2.12 %
DevĆe Others 17.61 % 26.58 %
kegĆ¢ue Total 100.00 % 100.00 %
Ćeespevee keĆ¢e mJeĀ¤he TYPE OF PLAN
HeWMevePENSION
DeJekeĆ¢eMe vekeĆ¢oerkeĆ¢jCe LEAVE
ENCASHMENT
ieĆsĆĆegÅ”er GRATUITY
Deefle. mesJee ueeYe
ARB
keĆ¢) Ćeeuet mesJee ueeiele a) Current Service Cost 146.39 33.90 53.96 12.25
Ke) yĆeepe ueeiele b) Interest Cost 563.82 48.43 111.95 37.28
ie) Ćeespeveeiele Deeefmle Hej mebYeeefJele efjÅ”ve&
c) Expected Return on Plan Assets
-431.11 - -101.05 -
Ie) eqveOee&efjle efheĆueer mesJee ueeiele (-) d) Net Actuarial Loss/gain(-) 13.80 -28.07 43.17 -13.96
*) Je<e& kesĆ¢ oewjeve mebāŗeĆ¢ceCeerĆe osĆelee e) Transitional liability recognized in the year 378.98 39.20 37.60 45.40
Će) ueeYe neefve Keeles ceW efveOee&efjle KeĆe& Expenses Recognised in P&L 671.88 93.46 145.63 80.97
Deieueer DeJeefOe (2012-13) kesĆ¢ efueS mebYeeefJele DebMeoeve
efveJesMe HewŔve&
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10. Segment Reporting (AS ā 17) Accounting Standard 17 - Disclosure under Segment
Reporting Part A: Primary Segments
(` keĆ¢jesĆ[ ceW / ` in Crores)
efyepevesme mesieceWÅ”
Business Segments
Å”^spejerTreasury
keĆ¢eHeexjsÅ”/nesuemesue yeQefkebĆ¢ie Corporate / Wholesale
Banking
efjÅ”sue yeQefkebĆ¢ie Retail Banking
DevĆe yeQefkebĆ¢ie HeefjĆeeueve Banking & Other
Operations
kegĆ¢ue Total
2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11
jepemJe Revenue 7453.90 5692.51 13185.19 9878.83 8730.83 6179.83 5218.99 4049.24 34588.91 25800.41
heefjCeece Result 925.50 912.04 980.42 1714.37 2849.50 1371.18 3173.47 2960.49 7928.90 6958.08
DeveeyebefÅ”le KeĆe& Unallocated Expense 1592.86 1047.15
HeefjĆeeueveiele ueeYe Operating Profit 6336.04 5910.93
DeeĆekeĆ¢j Income taxes1087.47 1477.22
efJeefMe<Å” ueeYe /neefve
Extra-ordinary Profit/loss --- ---
MegƦ ueeYe Net Profit 5248.57 4433.71DevĆe metĆevee Other
InformationmesieceWÅ” DeeefmleĆeeb Segment
Assets 105423.13 87263.90 140909.25 116945.44 64819.14 55496.07 141608.18 103595.07 452759.70 363300.48DeveeyebefÅ”le DeeefmleĆeeb
Unallocated Assets 4652.31 2913.29
kegĆ¢ue DeeefmleĆeeb Total Assets 457412.01 366213.77mesieceWÅ” osĆeleeSb Segment
Liabilities 98850.77 82062.92 132124.59 109975.42 60778.14 52188.47 132779.94 97420.73 424533.44 341647.54DeveeyebefÅ”le osĆeleeSb Unallocated
Liabilities 4362.27 2739.66kegĆ¢ue osĆeleeSb Total Liabilities 428895.71 344387.20efveĆeesefpele Hetbpeer Capital
Employed 6572.36 5200.98 8784.66 6970.02 4041.00 3307.60 8828.24 6174.33 28226.26 21652.93DeveeyebefÅ”le Unallocated 290.04 173.64kegĆ¢ue efveĆeesefpele Hetbpeer
Total Capital Employed 28516.30 21826.57
Yeeie-Ke - ieewCe mesieceWÅ” / Part B : Secondary Segments (` keĆ¢jesĆ[ ceW / ` in Crores)
efJeJejCe ParticularsosMeerĆe heefjĆeeueve
Domestic OperationsDevleje&Ā°^erĆe heefjĆeeueve
International Operations kegĆ¢ue / Total
2011-12 2010-11 2011-12 2010-11 2011-12 2010-11
jepemJe Revenue 29907.95 22550.54 4540.52 3249.87 34448.47 25800.41
DeeefmleĆeeb Assets 323453.13 272458.10 133958.87 93755.67 457412.00 366213.77
Notes: 1. As per guidelines of RBI on compliance with Accounting Standards,
parent has adopted Treasury Operations, Wholesale, Retail and other Banking Operations as Primary business segments and Domestic and International as Secondary / Geographic segments.
2. Banking & Other operations includes other banking operations and non-banking operations
3. Segment revenue represents revenue from external customers.4. In determining the segment results, the funds transfer price mechanism
followed by the Parent has been used.5. Capital Employed for each Segment has been allocated proportionate to
the assets of the Segment.
10. mesieceWÅ” efjHeesefÅ”Ćie (SSme 12)
uesKee ceevekeĆ¢ 17 - mesieceWÅ” efjHeesefÅ”Ćie kesĆ¢ lenle ĆøekeĆ¢Å”erkeĆ¢jCe -
Yeeie keĆ¢ ĆøeeLeefcekeĆ¢ Keb[
efÅ”hheCeer :1. YeejleerĆe efjpeJe& yeQkeĆ¢ kesĆ¢ eqoMee efveoxMeevegmeej uesKeebkeĆ¢ve ceevekeĆ¢eW kesĆ¢ Devegheeueve
ceW yeQkeĆ¢ ves Å”^spejer Dee@hejsMeve, nesuemesue, efjÅ”sue Deewj DevĆe yeQefkebĆ¢ie heefjĆeeueveeW keĆ¢es ĆeeLeefcekeĆ¢ keĆ¢ejesyeej mesieceWÅ” Deewj osMeerĆe Deewj Devleje&Ā°^erĆe keĆ¢es ieewCe / YeewieesefuekeĆ¢ mesieceWÅ” kesĆ¢ Ā¤he ceW DeheveeĆee nw.
2. yeQefkebĆ¢ie SJeb DevĆe heefjĆeeueveeW ceW DevĆe yeQefkebĆ¢ie leLee iewj yeQefkebĆ¢ie heefjĆeeueve Meeefceue nQ.
3. mesieceWÅ” jepemJe yeeĀ¢e Ā«eenkeĆ¢eW mes Ćeehle jepemJe keĆ¢es oMee&lee nw.4. mesieceWÅ” heefjCeece leĆe keĆ¢jles meceĆe, yeQkeĆ¢ Ćeje DeheveeF& ieF& DeblejCe cetuĆe
efveOee&jCe ĆeCeeueer keĆ¢es ĆeĆeesie ceW ueeĆee ieĆee nw.5. ĆelĆeskeĆ¢ mesieceWÅ” kesĆ¢ efueS efveĆeesefpele hetbpeer keĆ¢es mesieceWÅ” keĆ¢er DeeefmleĆeeW kesĆ¢ efueS
DeevegheeeflekeĆ¢ leewj DeeyebefÅ”le efkeĆ¢Ćee ieĆee nw.
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11. Related Party Disclosures (AS-18)
S.No veece Name
heoveece Designation
heeefjĆeefcekeĆ¢ Remuneration
Ćeeuet Je<e&Current Year
efheĆuee Je<e&Previous Year
1 Ćeer. Sce. [er ceuĆeeShri M.D.Mallya
DeOĆe#e SJeb ĆeyebOe efveosMekeĆ¢Chairman & Managing Director
25,37,459 21,87,200
3 Ćeer jepeerJe kegĆ¢ceej ye#eerShri Rajiv Kumar Bakshi
keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢Executive Director
21,97,317 18,37,145
4 Ćeer Sve. Sme. ĆeerveeLeShri N.S.Srinath
keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢Executive Director
21,22,495 13,57,347
12. Ćeefle MesĆej Depe&ve (SSme-20) 12. Earnings per Share (AS-20)
Ćeeuet Je<e&Current Year
efJeiele Je<e&Previous Year
i. FefkeƤJeÅ”er MesĆej OeejkeĆ¢eW nsleg keĆ¢j kesĆ¢ yeeo GheueyOe MegƦ ueeYe (` keĆ¢jesĆ[es ceW)
Net Profit after tax available for Equity shareholders (` in crores)
5248.57 4433.71
ii. FefkeƤJeÅ”er MesĆejeW keĆ¢er mebKĆee (Yeeefjle) Number of Equity Shares (Weighted) 391653059 364490716
iii. Ćeefle MesĆej cetue Je [eĆeuĆetÅ”s[ Depe&ve`10 ĆelĆeskeĆ¢ kesĆ¢
Basic and diluted earnings per share of `10/- each (`)
134.01 121.64
iv. Ćeefle FefkeƤJeÅ”er DebefkeĆ¢le MesĆej cetuĆe Nominal Value per Equity Share ` 10.00 ` 10.00
13. DeeĆe hej keĆ¢j ieCevee (SSme-22)
keĆ¢. DeemLeefiele keĆ¢j osĆelee (efveJeue)
13. Accounting for Taxes on Income (AS-22)
a. Deferred Tax Assets (Net)
11. mebyebefOele heeÅ”ea ĆekeĆ¢Å”erkeĆ¢jCe (SSme-18)
efJeJejCe Particulars 31.03.2012 31.03.2011
DeeefmleĆeebAsset
osĆeleeLiability
DeeefmleĆeebAsset
osĆeleeLiability
DeeĆekeĆ¢j DeefOeefveĆece kesĆ¢ lenle yener cetuĆeĆeme leLee cetuĆeĆeme kesĆ¢ yeerĆe Deblej
Difference between book depreciation and Depreciation under Income Tax Act
8.94 - 3.79 -
DeeĆekeĆ¢j DeefOeefveĆece 1961 keĆ¢er Oeeje 36(1) (viii) kesĆ¢ lenle keĆ¢Å”eQefleĆeeb
Deduction under section 36(1)(viii) of the Income-tax Act, 1961
- - - -
DevĆe Others 0.16 - 0.24 -
mebefoiOe $e+Ce SJeb DeefieĆceebs kesĆ¢ efueS HeĆeJeOeeve Provision for doubtful debts and advances 0.03 - - -
DeeĆekeĆ¢j DeefOeefveĆece keĆ¢er Oeeje 40(S) (DeeF& S) kesĆ¢ lenle DeceevĆe jeefMe
Amount Disallowable U/S 40(a)(ia) of the IT Act
- - - -
ĆgĆ³er vekeĆ¢oerkeĆ¢jCe nsleg ĆeeJeOeeve Provision for leave encashment 2.77 - 2.22 -
mebefoiOe $e+CeeW leLee DeeqĀ«eceeW nsleg ĆøeeJeOeeve (efJeosMeer)
Provision for doubtful debts and advances (foreign)
- - - -
peesĆ[ Total: 11.90 - 6.25 -
MegƦ DeemLeefiele keĆ¢j osĆelee / DeeefmleĆeeb Net Deferred tax Liability /Asset 11.90 - 6.25 -
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b. Deferred Tax Liabilities (Net)
(` keĆ¢jesĆ[ ceW / ` in Crores)
efJeJejCeParticulars
31.03.2012 31.03.2011
DeeefmleĆeebAsset
osĆeleeLiability
DeeefmleĆeebAsset
osĆeleeLiability
DeeĆekeĆ¢j DeefOeefveĆece kesĆ¢ lenle yener cetuĆeĆeme leLee cetuĆeĆeme kesĆ¢ yeerĆe Deblej
Difference between book depreciation and Depreciation under Income Tax Act
- 90.16 - 53.51
DeeĆekeĆ¢j DeefOeefveĆece 1961 keĆ¢er Oeeje 36(1) (viii) kesĆ¢ lenle keĆ¢Å”eQefleĆeeb
Deduction under section 36(1)(viii) of the Income-tax Act, 1961
- - - -
DevĆe Others - 426.96 - 217.22
mebefoiOe $e+Ce SJeb DeefieĆceebs kesĆ¢ efueS HeĆeJeOeeve Provision for doubtful debts and advances
- - - -
DeeĆekeĆ¢j DeefOeefveĆece keĆ¢er Oeeje 40(S) (DeeF& S) kesĆ¢ lenle DeceevĆe jeefMe
Amount Disallowable U/S 40(a)(ia) of the IT Act
9.84 - 9.70 -
ĆgĆ³er vekeĆ¢oerkeĆ¢jCe nsleg ĆeeJeOeeve Provision for leave encashment 174.43 - 158.86 -
mebefoiOe $e+CeeW leLee DeeqĀ«eceeW nsleg ĆøeeJeOeeve (efJeosMeer)
Provision for doubtful debts and advances (foreign)
76.14 - - -
peesĆ[ Total: 260.41 517.12 168.56 270.73
MegƦ DeemLeefiele keĆ¢j osĆelee / DeeefmleĆeeb Net Deferred tax Liability /Asset - 256.71 - 102.17
14. AS-24 Discontinuing operations During the financial year 2011-12 the Group has not
discontinued the operations of any of its branches, which resulted in shedding of liability and realization of the assets and no decision has been finalized to discontinue an operation in its entirety, which will have the above effect.
15. AS-28 impairment of Assets In view of the absence of indication of material impairment
within the meaning of clause 5 to clause 13 of AS 28 Impairment of Assets, no impairment of fixed assets is required in respect of current financial year.
16. AS-29 ā Provisions, Contingent Liabilities and Contingent Assets:
Movement of provisions (excluding provisions for others)
(` in crores)
efJeJejCe Particulars cegkeĆ¢oceW Legal Cases / DeekeĆ¢efmcekeĆ¢leeSb
ContingenciesCurrent
YearPrevious
Year
1 DeĆewue keĆ¢es Mes<e Balance as on 1st April 8.82 4.87
Je<e& kesĆ¢ oewjeve ĆeoĆ²e Provided during the year 1.31 3.95
Je<e& kesĆ¢ oewjeve HeĆĆegkeƤle Amount used during the year - -
31 ceeĆe& keĆ¢es Mes<e Balance as at 31st March 10.13 8.82
DeeGÅ”HeƤuees/DeefveefMĆeleleeDeeW keĆ¢e meceĆe Timing of Outflow / uncertainties Outflow on settlement / crystallization
Contingent LiabilitiesSuch liabilities as mentioned at Serial No (I) to (VI) of Schedule 12 of Balance Sheet are dependent upon, the outcome of court, arbitration, out of court settlement, disposal of appeals, the amount being called up, terms of contractual obligations, development and raising of demand by concerned parties respectively. No reimbursement is expected in such cases.
Ke. DeemLeefiele keĆ¢j osĆelee (efveJeue)
14. HeefjĆeeueve yebo keĆ¢jvee (SSme 24) efJeĆ²eerĆe Je<e& 2011-12 kesĆ¢ oewjeve yeQkeĆ¢ ves DeHeveer efkeĆ¢meer Yeer MeeKee keĆ¢es yebo
keĆ¢jves mebyebOeer keĆ¢eĆe&Jeener veneR keĆ¢er nw, HeĆ¢uemJeĀ¤He osĆeleeDeeW keĆ¢es keĆ¢ce keĆ¢jkesĆ¢ DeeefmleĆeeW keĆ¢er Jemetueer keĆ¢er pee mekeĆ¢er nw Deewj mebHetCe& yeQkeĆ¢ mlej Hej DeHeves HeefjĆeeueve ceW efkeĆ¢meer keĆ¢eĆe&Jeener keĆ¢er meceeefHle, efpememes GHejeskeƤle HeĆYeeJe HeĆ[s, mebyebOeer efveCe&Će veneR efueĆee ieĆee nw.
15. DeeefmleĆeeW keĆ¢e Devepe&keĆ¢ yevevee (SSme-28) uesKee ceevekeĆ¢-28 āāDeeefmleĆeeW keĆ¢e FbhesĆejceWÅ”āā kesĆ¢ Keb[ 5 mes Keb[ 13 ā kesĆ¢
Debleie&le keĆ¢esF& cenlJehetCe& GuuesKe ve nesves kesĆ¢ heĆ¢uemJeĀ¤he Ćeeuet efJeĆ²eerĆe Je<e& ceW DeĆeue mebheefĆ²e keĆ¢e keĆ¢esF& Yeer FbhesĆejceWÅ” peĀ¤jer veneR nw.
16. ĆeeJeOeeve, DeekeĆ¢efmcekeĆ¢ osĆeleeSb leLee DeekeĆ¢efmcekeĆ¢ DeeefmleĆeeb (SSme-29) osĆeleeDeeW kesĆ¢ efueS ĆeeJeOeeveeW keĆ¢e mebĆeueve (DevĆe kesĆ¢ efueS ĆeeJeOeeveeW keĆ¢es
ĆesĆ[keĆ¢j)
DeekeĆ¢efmcekeĆ¢ osĆeleeSb
legueveHe$e kesĆ¢ Mes[dĆetue 12 kesĆ¢ āŗeĆ¢ meb. (I) mes (VI) ceW GƦ=le Ssmeer osĆeleeSb Deoeuele kesĆ¢ efveCe&Će, HebĆe HeƤwĆ¢meues, Deoeuele kesĆ¢ yeeĀ¢e efvemleejCe, DeHeerue keĆ¢e efveHeÅ”eje, ceebieer ieF& jeefMe, DevegyebOeve oeefĆelJeeW kesĆ¢ mebyebOe ceW, āŗeĆ¢ceMe: mebyebefOele HeeefÅ”&ĆeeW Ćeje keĆ¢er ieF& ceebieeW Hej efveYe&j keĆ¢jleer nQ. Ssmes ceeceueeW ceW keĆ¢esF& HeĆefleHetefle& DeHesef#ele veneR nw.
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17. Additional Disclosures:
Additional information disclosed in the separate financial statements of the Parent and the subsidiaries having no bearing on the true and fair view of the CFS and also the information pertaining to the items which are not material, have not been disclosed in the CFS.
18. During the previous year, the Parent and its subsidiary The Nainital Bank Ltd. reopened the pension option for such of its employees who had not opted for the pension scheme earlier. As a result of exercise of such option by 19289 employees, the Group had incurred a liability of `1855.71 crores. Further, during the previous year, the limit of gratuity payable to the employees of the Group was also enhanced pursuant to the amendment to the Payment of Gratuity Act, 1972. As a result, the gratuity liability of the Group had increased by `10.09 crores.
In terms of the requirements of the AS 15 - Employee Benefits, the entire amount of 1865.80 crores was required to be charged to the Profit and Loss Account. However, vide RBI circular no. DBOD.BP.BC.80/21.04.018/2010-11 on Re-opening of Pension Option to Employees of Public Sector Banks and Enhancement in Gratuity Limits ā Prudential Regulatory Treatment, dated 9th February 2011, the Group has charged an amount of 746.32 crores (representing two-fifth of `1865.80 crores) upto March 31, 2012. The unrecognized balance of `1119.48 crores (`1865.80 crores ā `746.32 crores) shall be accounted for and charged off over the balance period stipulated in terms of the said circular. This liability does not include any amount relating to separated/ retired employees.
19. The Parent has taken over specified Assets & Liabilities of The Memon Co-operative Bank Ltd on 18th April, 2011 as per approval granted by RBI vide letter no. UBD.CO.MEROER No. 7814/09.16.901/2010.11 dated 04th March, 2011. Out of the deficit of 149.25 crores on account of the said take over, the Parent has proportionately charged `49.75 crores of the said deficit to the Profit and Loss Account during the year ended 31st March, 2012. The balance amount of `99.50 crores will be charged proportionately during the remaining period till Financial Year 2013-14, as approved by RBI vide letter no. DBOD.No.BP.1311/21.04.048/2010-11 dated 25th July, 2011.
20. The Parent has made provision @ 20% on the Secured Sub-standard Advance as against the Regulatory requirement of 15%.
Further the Parent has made an additional ad-hoc provision of `342.79. Crores for the year ended March 31, 2012 (previous year `320.08 Crores) in certain non performing domestic advance accounts.
21. Previous Year Figures:
Previous yearās figures of the group entities have been rearranged / recast / regrouped wherever considered necessary.
17. DeefleefjĆ²eĆ¢ ĆekeĆ¢Å”erkeĆ¢jCe
cetue yeQkeĆ¢ SJeb Deveg<ebefieĆeeW keĆ¢er Deueie-Deueie efJeĆ²eerĆe efJeJejefCeĆeeW ceW ĆekeĆ¢Å” keĆ¢er ieF& DeefleefjĆ²eĆ¢ metĆevee keĆ¢e meerSHeĆ¢Sme kesĆ¢ mener SJeb mheĀ° ĆefĀ°keĆ¢esCe mes mebyebOe veneR nw Deewj meeLe ner Ssmeer ceoeW mes mebyebefOele metĆevee keĆ¢es, pees cenlJehetCe& veneR nw, meerSHeĆ¢Sme ceW ĆekeĆ¢Å” veneR efkeĆ¢Ćee ieĆee nw.
18. Je<e& kesĆ¢ oewjeve, cetue yeQkeĆ¢ Deewj GmekesĆ¢ Deveg<ebieer vewveerleeue yeQkeĆ¢ efueefceÅ”s[ ves Gve keĆ¢ce&ĆeeefjĆeeW kesĆ¢ efueS heWMeve efJekeĆ¢uhe hegve: Keesuee, efpevneWves henues heWMeve Ćeespevee keĆ¢es Ā«enCe veneR efkeĆ¢Ćee Lee. 19289 keĆ¢ce&ĆeeefjĆeeW Ćeje Ćen efJekeĆ¢uhe Ā«enCe keĆ¢jves kesĆ¢ heefjCeecemJeĀ¤he 1855.71 keĆ¢jesĆ[ Ā®heĆes keĆ¢er osĆelee me=efpele ngF&. FmekesĆ¢ DeefleefjĆ²eĆ¢ Je<e& kesĆ¢ oewjeve mecetn kesĆ¢ keĆ¢ce&ĆeeefjĆeeW keĆ¢es osĆe Ā«esĆĆegÅ”er keĆ¢er meercee ceW Ā«esĆĆegÅ”er Yegieleeve DeefOeefveĆece, 1972 ceW mebMeesOeve kesĆ¢ DevegmejCe ceW Je=efƦ keĆ¢er ieF& Leer. FmekesĆ¢ heefjCeecemJeĀ¤he mecetn keĆ¢er Ā«esĆĆegÅ”er osĆelee yeĆ{keĆ¢j 10.09 keĆ¢jesĆ[ Ā®heĆes nes ieF&.
uesKeebkeĆ¢ve ceevekeĆ¢ 15 keĆ¢ce&Ćeejer ueeYe keĆ¢er DeeJeMĆekeĆ¢leeDeeW kesĆ¢ Devegmeej ueeYe leLee neefve Keeles ceW 1865.80 keĆ¢jesĆ[ Ā®heĆes keĆ¢er meceĀ«e jeefMe ĆeYeeefjle keĆ¢jvee Dehesef#ele Lee. leLeeefhe YeejleerĆe efj]peJe& yeQkeĆ¢ ves meeJe&peefvekeĆ¢ #es$e kesĆ¢ yeQkeĆ¢eW kesĆ¢ keĆ¢ce&ĆeeefjĆeeW kesĆ¢ efueS heWMeve efJekeĆ¢uhe hegve: Keesueves Deewj Ā«esĆĆegÅ”er meerceeDeeW ceW Je=efƦ efJeJeskeĆ¢ meccele efveĆeecekeĆ¢ JĆeJenej kesĆ¢ yeejs ceW heefjhe$eebkeĆ¢ [eryeerDees[er.yeerheer.yeermeer.80/21.04.018/2010-11 efoveebkeĆ¢ 9 HeĆ¢jJejer 2011 keĆ¢es peejer efkeĆ¢Ćee nw. GĆ²eĆ¢ heefjhe$e kesĆ¢ ĆeeJeOeeveeW kesĆ¢ Devegmeej mecetn ceW ueeYe-neefve Keeles ceW 746.32 keĆ¢jesĆ[ Ā®heĆes (1865.80 keĆ¢jesĆ[ Ā®heĆes kesĆ¢ 2/5 Yeeie kesĆ¢ Ā¤he ceW) ĆeYeeefjle efkeĆ¢S nwQ. 1119.48 keĆ¢jesĆ[ Ā®heĆes (1865.80 keĆ¢jesĆ[ Ā®heĆes - 746.32 keĆ¢jesĆ[ Ā®heĆes) keĆ¢er DeefveOee&efjle Mes<e jeefMe efnmeeye ceW ueer peeSieer Deewj Gmes GĆ²eĆ¢ heefjhe$e ceW efveĆece yeĆeer ngF& DeJeefOe ceW efJecegĆ²eĆ¢/mesJeeefveJe=Ć²e keĆ¢ce&ĆeeefjĆeeW ceW mebyebefOele keĆ¢esF& keĆ¢ce&Ćeejer Meeefceue veneR nw.
19. yeQkeĆ¢ ves YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ he$e meb.Ćetyeer[er.meerDees.SceF&DeejDeesF&Deej veb. 7814/09.16.901/2010.11 efo. 4 ceeĆe&, 2011 ceW efoS ieS Devegceesove kesĆ¢ Devegmeej cesceve keĆ¢es-Dee@hejsefÅ”Je yeQkeĆ¢ efueefceÅ”s[ keĆ¢er efJeefvee|oĀ° DeeeqmleĆeeW SJeb osĆeleeDeeW keĆ¢e DeefOeieĆnCe efoveebkeĆ¢ 18.04.2011 keĆ¢es efkeĆ¢Ćee. GĆ²eĆ¢ DeefOeieĆnCe kesĆ¢ heefjCeecemJeĀ¤he ` 149.25 keĆ¢jesĆ[ kesĆ¢ ngS IeeÅ”s ceW mes yeQkeĆ¢ ves 31 ceeĆe& 2012 keĆ¢es meceehle Je<e& kesĆ¢ oewjeve ` 49.75 keĆ¢jesĆ[ keĆ¢er jeefMe ueeYe SJeb neefve Keeles ceW heĆYeeefjle keĆ¢er nw. YeejleerĆe efj]peJe& yeQkeĆ¢ kesĆ¢ he$e meb. [eryeerDees[er.meb.yeerheer. 1311/21.01.048/2012-11 efo. 25 pegueeF&, 2011 ceW efoS ieS Devegceesove kesĆ¢ Devegmeej ` 99.50 keĆ¢jesĆ[ keĆ¢er Mes<e jeefMe efJeĆ²eerĆe Je<e& 2013-14 lekeĆ¢ keĆ¢er Mes<e DeJeefOe kesĆ¢ oewjeve DeevegheeeflekeĆ¢ Ā¤he mes heĆYeeefjle keĆ¢er peeSieer.
20. yeQkeĆ¢ ves peceeveleer DeJeceevekeĆ¢ DeefieĆceeW hej 15% keĆ¢er efJeefveĆeecekeĆ¢ DeeJeMĆekeĆ¢lee
keĆ¢er leguevee ceW 20% keĆ¢e heĆeJeOeeve efkeĆ¢Ćee nw.
FmekesĆ¢ DeefleefjĆ²eĆ¢ yeQkeĆ¢ ves kegĆ¢Ć Devepe&keĆ¢ Iejsuet DeefieĆce KeeleeW ceW 31 ceeĆe& 2012
keĆ¢es ` 342.79 keĆ¢jesĆ[ (efheĆues Je<e& ` 320.08 keĆ¢jesĆ[) keĆ¢e DeefleefjĆ²eĆ¢ leoLe& heĆeJeOeeve efkeĆ¢Ćee nw.
21. efheĆues Je<e& kesĆ¢ DeebkeĆ¢Ć[s
mecetn mebmLeeDeeW kesĆ¢ efheĆues Je<e& kesĆ¢ DeebkeĆ¢Ć[eW keĆ¢es peneb DeeJeMĆekeĆ¢ mecePee ieĆee, Jeneb hegve: JĆeJeefmLele / hegveefve&Oeeefjle / hegve: mecetnerke=Ć¢le efkeĆ¢Ćee ieĆee nw.
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31 ceeĆe& 2012 keĆ¢es meceehle Je<e& kesĆ¢ efueS mecesefkeĆ¢le veieoer ĆeJeen efJeJejCeStatement of Consolidated Cash Flow for the year ended 31st March, 2012
(000ā DevebefkeĆ¢le omitted)
31 ceeĆe& 2012keĆ¢es meceeHle Je<e&Year ended31.03.2012
31 ceeĆe& 2011keĆ¢es meceeHle Je<e&Year ended31.03.2011
keĆ¢. HeefjĆeeueve keĆ¢eĆe&keĆ¢ueeHeebs mes vekeĆ¢oer HeĆJeen : A. Cash flow from operating activities :
keĆ¢j mes HetJe& MegƦ ueeYe net Profit before taxes 6336,03,70 5910,92,52
efvecveefueefKele keĆ¢s efueS meceeĆeespeve : Adjustments for:
DeĆeue DeeefmleĆeeW Hej cetuĆeĆeme Depreciation on fixed assets 295,48,16 259,70,38
efveJesMeeW Hej cetuĆe Ćeme (HeefjHekeƤJe $e+CeHe$eeW meefnle) Depreciation on investments (including on Matured debentures) 238,81,36 12,11,71
yeĆ³s Keeles ceW [eues ieS DeMeesOĆe $e+Ce/iewj efve<HeeokeĆ¢ DeeefmleĆeeW keĆ¢s efueS HeĆeJeOeeve
Bad debts written-off/Provision in respect of non-performing assets 1892,81,38 1081,40,04
ceevekeĆ¢ DeeefmleĆeeW keĆ¢s efueS HeĆeJeOeeve Provision for Standard Assets 449,66,42 224,16,04
DevĆe ceoeW keĆ¢s efueS HeĆeJeOeeve Provision for Other items 523,98,03 386,12,58
DeĆeue DeeefmleĆeeW keĆ¢er efyeāŗeĆ¢er mes ueeYe /(neefve) (Profit)/loss on sale of fixed assets (79,87) 12,67
ieewCe $e+CeeW Hej yĆeepe ueeYe/HeĆeJeOeeve, (Deueie mes efueĆee ieĆee)
Payment/provision for interest on subordinated debt(treated separately) 914,36,03 846,16,11
GHe peesĆ[ Sub total 10650,35,21 8720,72,05
efvecveefueefKele kesĆ¢ ef}S meceeĆeespeve : Adjustments for:
efveJesMeeW ceW (Je=efƦ) / keĆ¢ceer (Increase)/Decrease in investments (12781,39,85) (10867,30,43)
DeefieĆceeW ceW (Je=efƦ) / keĆ¢ceer (Increase)/Decrease in advances (61884,83,95) (55454,61,41)
DevĆe DeeefmleĆeeW ceW (Je=efƦ) / keĆ¢ceer (increase)/Decrease in other assets (3545,00,45) (1828,71,14)
GOeej jeefMeĆeeW ceW Je=efƦ / (keĆ¢ceer) Increase/(Decrease)in borrowings 1031,35,69 6771,68,11
pecee jeefMeĆeeW ceW Je=efƦ / (keĆ¢ceer) Increase/(Decrease) in deposits 81012,69,61 65652,10,34
DevĆe osĆeleeDeeW leLee HeĆeJeOeeveesb ceW Je=efƦ /(keĆ¢ceer) Increase/(Decrease) in other liabilities and provisions 1928,70,34 529,28,09
HeĆoĆ²e HeĆlĆe#e keĆ¢j (efjHebĆ¢[ keĆ¢e MegƦ) Direct taxes paid (Net of Refund) (1774,47,81) (1489,04,58)
HeefjĆeeueve efāŗeĆ¢ĆeekeĆ¢ueeHeeW mes efveJeue vekeĆ¢oer (keĆ¢) net cash from operating activities (A) 14637,38,79 12034,11,03
Ke. efveJesMe mebyebOeer efāŗeĆ¢ĆeekeĆ¢ueeHeeW mes vekeĆ¢oer ĆøeJeen : B. Cash flow from Investing activities :
DeĆeue DeeefmleĆeeW keĆ¢er Kejero Purchase of fixed assets (456,14,17) (376,06,61)
DeĆeue DeeefmleĆeeW keĆ¢er efyeāŗeĆ¢er Sale of fixed assets 40,02,44 27,12,32
efveJesMe mebyebOeer keĆ¢eĆe&keĆ¢ueeHeeW mes MegƦ vekeĆ¢oer (Ke) net cash from investing activities (B) (416,11,73) (348,94,29)
ie. efJelleerĆe efāŗeĆ¢ĆeekeĆ¢ueeHeeW mes vekeĆ¢o ĆøeJeen C. Cash flow from financing activities:
MesĆej hetbpeer Share Capital 19,57,73 27,27,96
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(000ā DevebefkeĆ¢le omitted)
31 ceeĆe& 2012keĆ¢es meceeHle Je<e&Year ended31.03.2012
31 ceeĆe& 2011keĆ¢es meceeHle Je<e&Year ended31.03.2011
MesĆej HeĆerefceĆece Share premium 1625,11,20 2433,72,03
iewj peceeveleer ieewCe yeeb[ Unsecured Subordinated Bonds 188,37,19 2202,37,78
ueeYeebMe Dividend (753,35,20) (648,13,60)
iewj peceeveleer HeĆefleosĆe yeeb[eW Hej HeĆoĆ²e /osĆe yĆeepe Interest paid / payable on unsecured redeemable bonds (914,36,03) (846,16,11)
efJeĆ²eHees<eCe ieefleefJeefOeĆeeW mes MegƦ vekeĆ¢oer (ie) net cash from financing activities (C) 165,34,89 3169,08,06
vekeĆ¢oer SJeb vekeĆ¢oer meceleguĆe (keĆ¢)+(Ke)+(ie) ceW MegƦ Je=efƦ
net increase in cash & cash equivalents (A)+(B)+(C) 14386,61,95 14854,24,80
Je<e& kesĆ¢ DeejbYe ceW vekeĆ¢oer SJeb vekeĆ¢oer meceleguĆe Cash and cash equivalents as at the beginning of the year 51423,72,72 36569,47,92
Je<e& kesĆ¢ Deble ceW vekeĆ¢oer SJeb vekeĆ¢oer meceleguĆe Cash and cash equivalents as at the end of the year 65810,34,67 51423,72,72
efŔhheCeer Notes:
1 vekeĆ¢oer leLee vekeĆ¢oer meceleguĆe ceW neLe ceW vekeĆ¢oer, Yee.efj.yeQ. leLee DevĆe yeQkeĆ¢eW kesĆ¢ Heeme Mes<e Deewj ceebie leLee DeuheeJeefOe veesefÅ”me hej cegƵe Meeefceue nQ.
Cash & Cash equivalents includes Cash on hand, Balance with RBI & Other banks and Money at call and Short Notice.
2 vekeĆ¢oer leLee vekeĆ¢oer meceleguĆe kesĆ¢ IeÅ”keĆ¢ Components of Cash & Cash Equivalents 31/3/2012 31/3/2011
Yee.efj.yeQ. kesĆ¢ Heeme vekeĆ¢oer SJeb Mes<e Cash & Balance with RBI 22268,34,40 20394,41,61
yeQkeĆ¢eW kesĆ¢ meeLe Mes<e leLee ceebie SJeb DeuheeJeefOe veesefÅ”me hej cegƵe
Balances with Banks and Money at Call and Short Notice
43542,00,27 31029,31,11
peesĆ[ total 65810,34,67 51423,72,72
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mesJee ceW,
efveosMekeĆ¢ ceb[ue, yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe
1. nceves yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (āĀ«egheāā) kesĆ¢ 31 ceeĆe&, 2012 kesĆ¢ mebueive mecesefkeĆ¢le
legueve He$e Deewj GmekesĆ¢ meeLe mebueive GkeƤle leejerKe keĆ¢es meceeHle Je<e& kesĆ¢
mecesefkeĆ¢le ueeYe-neefve uesKes Deewj GĆ²eĆ¢ leejerKe keĆ¢es meceehle mecesefkeĆ¢le vekeĆ¢oer
ĆeJeen efJeJejCeer keĆ¢er uesKee Hejer#ee keĆ¢er nw. FveceW efvecveefueefKele kesĆ¢ Keeles
Meeefceue efkeĆ¢S ieS nQ;
i. nceejer uesKee Hejer#ee efjHeesÅ”& efoveebkeĆ¢ 04.05.2012 kesĆ¢ Devegmeej
nceejs Ćeje uesKee hejeref#ele yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (o yeQkeĆ¢) kesĆ¢ uesKee
hejeref#ele Keeles,
ii. DevĆe uesKee hejer#ekeĆ¢eW Ćeje uesKee hejeref#ele -10- Deveg<ebefieĆeeW leLee
-7- menĆeesieer FkeĆ¢eFĆeeW, 2 mebĆegĆ²eĆ¢ GheāŗeĆ¢ceeW kesĆ¢ uesKee hejeref#ele
Keeles,
iii. 2 Deveg<ebefieĆeeW kesĆ¢ DeuesKeehejeref#ele Keeles
mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeb efJeĆ²eerĆe HeĆyebOeve keĆ¢er efpeccesoejer nQ
leLee FvnW HeĆyebOeve Ćeje Deveg<ebefieĆeeW leLee menĆeesieer FkeĆ¢eFĆeeW leLee
mebĆegĆ²eĆ¢ GheāŗeĆ¢ceeW keĆ¢er Deueie efJeĆ²eerĆe efJeJejefCeĆeeW leLee DevĆe efJeĆ²eerĆe
metĆeveeDeeW kesĆ¢ DeeOeej Hej lewĆeej efkeĆ¢Ćee ieĆee nw. nceejer efpeccesoejer
mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeW kesĆ¢ yeejs ceW nceejs Ćeje keĆ¢er ieF&
uesKee-Hejer#ee kesĆ¢ DeeOeej Hej cele JĆekeƤle keĆ¢jvee nw.
2. yeQkeĆ¢ Ćeje mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeW keĆ¢es uesKee-ceevekeĆ¢ SSme-21 -
(mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeb) Deewj uesKee ceevekeĆ¢ SSme-23 (mecesefkeĆ¢le
efJeĆ²eerĆe efJeJejCeer ceW Deveg<ebefieĆeeW ceW efveJesMe nsleg uesKeebkeĆ¢ve) leLee uesKee ceevekeĆ¢
SSme-27 (mebĆegĆ²eĆ¢ GheāŗeĆ¢ceeW ceW yĆeepe keĆ¢er efJeĆ²eerĆe efjheesefÅ”Ćie) kesĆ¢ DeeOeej Hej
FbmÅ”erÅ”ĆetÅ” Dee@HeĆ¢ ĆeeÅ”&[ SkeĆ¢eGbÅ”WÅ”dme Dee@HeĆ¢ Fbef[Ćee leLee YeejleerĆe efj]peJe& yeQkeĆ¢
Ćeje peejer efoMee-efveoxMeeW kesĆ¢ DevegĀ¤He lewĆeej efkeĆ¢Ćee ieĆee nw.
3. nceves mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeW keĆ¢er uesKee-Hejer#ee, Yeejle ceW meeceevĆele:
mJeerkeĆ¢eĆe& uesKee-Hejer#ee ceevekeĆ¢eW kesĆ¢ DevegĀ¤He keĆ¢er nw. Fve ceevekeĆ¢eW kesĆ¢ Devegmeej
Ćen DeHesef#ele nw efkeĆ¢ nce uesKee-Hejer#ee Fme HeĆkeĆ¢ej megefveĆeesefpele Deewj mebHevve
keĆ¢jW efkeĆ¢ nceW Ćen leke&Ć¢ mebiele DeeMJeemeve efceues efkeĆ¢ Ćes efJeĆ²eerĆe efJeJejefCeĆeeb
meYeer HeĆkeĆ¢ej keĆ¢er cenlJeHetCe& ieueefleĆeeW mes cegkeƤle nbw. uesKee-Hejer#ee ceW, peebĆe
DeeOeej Hej Hejer#eCe, jeefMeĆeeW mebyebefOele HeĆceeCe Deewj efJeĆ²eerĆe efJeJejefCeĆeeW keĆ¢e
HeĆkeĆ¢Å”erkeĆ¢jCe Meeefceue nw. uesKee-Hejer#ee ceW HeĆyebOeve Ćeje, HeĆĆegkeƤle uesKeekeĆ¢jCe
efmeƦevleeW keĆ¢e efveOee&jCe Deewj cenlJeHetCe& DeekeĆ¢ueve Meeefceue nw. FmeceW meceieĆ
efJeĆ²eerĆe efJeJejefCeĆeeW keĆ¢e HeĆmlegleerkeĆ¢jCe cetuĆeebkeĆ¢ve Yeer Meeefceue nQ. nceeje
efJeMJeeme nw efkeĆ¢ nceejs Ćeje keĆ¢er ieF& uesKee-Hejer#ee nceejer jeĆe keĆ¢e leke&Ć¢ mebiele
DeeOeej nw.
yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe keĆ¢er mecesefkeĆ¢le efJelleerĆe efJeJejefCeĆeeW hej uesKee hejer#ekeĆ¢eW keĆ¢er efjheesÅ”&Auditors' Report on Consolidated Financial Statements of Bank of Baroda
To
The Board of Directors, Bank of Baroda
1. We have audited the attached Consolidated Balance Sheet of BANK OF BARODA (the āGroupā) as on 31st March 2012, the Consolidated Profit and Loss Account for the year ended on that date and the Consolidated Cash Flow Statement for the year ended on that date, annexed thereto, in which are incorporated:
i. Audited Accounts of the Bank of Baroda (The Bank), audited by us, vide our audit report dated May 4, 2012
ii. Audited Accounts of -10- Subsidiaries, -7- Associates and -2- Joint Ventures, audited by other Auditors,
iii. Unaudited Accounts of -2- Subsidiaries.
The Consolidated Financial Statements are the responsibility of the Bankās management and have been prepared by the management on the basis of separate financial statements and other financial information regarding subsidiaries, associates & joint ventures. Our responsibility is to express our opinion on these Consolidated Financial Statements based on our audit.
2. These Consolidated Financial Statements have been prepared by the Bank in accordance with the requirements of AS 21 (Consolidated Financial Statements), AS 23 (Accounting for Investment in Associates in Consolidated Financial Statements) and AS 27 (Financial Reporting of Interest in Joint Ventures) issued by the ICAI and the guidelines issued by the Reserve Bank of India.
3. We conducted our audit of the Consolidated Financial Statements in accordance with the Auditing Standards generally accepted in India. These standards require that we plan and perform the audit to obtain reasonable assurance about whether the Financial Statements are prepared, in all material respects, in accordance with an identified financial reporting framework and are free of material misstatements. An audit includes, examining on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by the management as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.
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4. mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeW efvecveefueefKele Meeefceue nQ-
(keĆ¢) -2- Debleje&Ā°^erĆe Deveg<ebefieĆeeW ā yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe (yeeslmeJeevee) efueefceÅ”s[ Deewj yeQkeĆ¢ Dee@HeĆ¢ yeĆ[ewoe (ef$eefveoeo SJeb Å”esyesiees) efueefceÅ”s[ kesĆ¢ yeejs ceW DeuesKeehejeref#ele efJeĆ²eerĆe efJeJejefCeĆeeW kesĆ¢ DeebkeĆ¢[W, FvekeĆ¢er efJeĆ²eerĆe efJeJejefCeĆeeW ceW 31 ceeĆe&, 2012 keĆ¢es kegĆ¢ue DeeefmleĆeeb 1497.68 keĆ¢jesĆ[ Ā®heĆes keĆ¢er kegĆ¢ue DeeeqmleĆeeW keĆ¢e GuuesKe nw Deewj GĆ²eĆ¢ Je<e& keĆ¢er meceeeqhle keĆ¢er leejerKe keĆ¢es kegĆ¢ue jepemJe 82.34 keĆ¢jesĆ[ Ā®heĆes Deewj vekeĆ¢oer heĆJeen 29.32 keĆ¢jesĆ[ Ā®heĆes nw.
(Ke) -7- Debleje&āerĆe Deveg<ebefieĆeeW leLee -1- Debleje&āerĆe mebĆegkeƤle GĆ ece keĆ¢er efJeĆ²eerĆe efJejjefCeĆeeb, efpevekeĆ¢er nceves uesKee Hejer#ee veneR keĆ¢er nw. FvekeĆ¢er efJeĆ²eerĆe efJeJejefCeĆeeW ceW 31 ceeĆe& 2012 keĆ¢es kegĆ¢ue DeeeqmleĆeeb 4680.42 keĆ¢jesĆ[ Ā®HeĆes keĆ¢e GuuesKe nw Deewj Je<e& kesĆ¢ Deble ceW 425.43 keĆ¢jesĆ[ Ā®. keĆ¢e kegĆ¢ue jepemJe leLee 191.06 keĆ¢jesĆ[ Ā¤HeĆes keĆ¢e vekeĆ¢oer ĆøeJeen nw. GkeƤle Deveg<ebefieĆeeW leLee mebĆegkeƤle GĆ eceeW keĆ¢er efJeĆ²eerĆe efJeJejefCeĆeeW leLee DevĆe eqJeĆ²eerĆe metĆevee keĆ¢er mLeeveerĆe Ā¤HeĆ¢ mes meeceevĆele: mJeerke=Ć¢le uesKeebkeĆ¢ve efmeƦevleeW (peerSSHeer) keĆ¢er DeeJeMĆekeĆ¢leeDeeW kesĆ¢ Devegmeej otmejs uesKee-Hejer#ekeĆ¢eW Ćeje uesKee-Hejer#ee keĆ¢er ieF& nw. ĆøeyebOeve Ćeje YeejleerĆe peerSSHeer keĆ¢er DeHes#eeDeeW kesĆ¢ Devegmeej Fve efJeĆ²eerĆe efJeJejefCeĆeeW keĆ¢es Ā¤Heebleefjle efkeĆ¢Ćee ieĆee nw Deewj FvekeĆ¢er GvekesĆ¢ Ćeje uesKee Hejer#ee keĆ¢er ieF& nw Deewj nceejs efJeĆeej mes GkeƤle Deveg<ebefieĆeeW kesĆ¢ yeejs ceW peneb lekeĆ¢ meceeefJeā jeefMeĆeeW keĆ¢e mebyebOe nw, Ćes cetuele: Gve uesKee Hejer#ekeĆ¢eW keĆ¢er efjHeesÅ”eX Hej leLee FmekesĆ¢ GHeĆeg&keƤle YeejleerĆe peerSSHeer ceW Ā¤HeeblejCe kesĆ¢ DeeOeej Hej nw.
(ie) -3- Iejsuet Deveg<ebefieĆeeW leLee -1- Iejsuet mebĆegĆ²eĆ¢ GĆ ece kesĆ¢ DeebkeĆ¢Ć[s, efpevekeĆ¢er otmejs uesKee hejer#ekeĆ¢eW ves uesKee hejer#ee veneR keĆ¢er nw. FvekeĆ¢er efJeĆ²eerĆe efJeJejefCeĆeeW ceW 31 ceeĆe&, 2012 keĆ¢es kegĆ¢ue DeeeqmleĆeeb 5393.35 keĆ¢jesĆ[ Ā®heĆes leLee Je<e& kesĆ¢ Deble ceW 1036.41 keĆ¢jesĆ[ Ā®HeĆes keĆ¢er kegĆ¢ue DeeĆe SJeb vekeĆ¢oer heĆJeen kesĆ¢ Ā¤he ceW 160.57 keĆ¢jesĆ[ Ā®heĆes keĆ¢e GuuesKe nw.
5. Deheveer jeĆe keĆ¢es meb%eeve ceW ve uesles ngS, nce efvecveefueefKele keĆ¢er Deewj OĆeeve DeekeĆ¢e|<ele keĆ¢jles nQ -
(keĆ¢) DevegmetĆeer 19 kesĆ¢ veesÅ” meb.18, efpemeceW yeQkeĆ¢ leLee GmekeĆ¢er Deveg<ebieer vewveerleeue yeQkeĆ¢ efueefceÅ”s[ keĆ¢er DeemLeefiele osĆelee keĆ¢e GuuesKe efkeĆ¢Ćee ieĆee nw peesefkeĆ¢ 31 ceeĆe&, 2012 keĆ¢es 1119.48 keĆ¢jesĆ[ Ā®heĆes keĆ¢er heWMeve leLee Gheoeve (ieĆsĆĆegÅ”er) mes mebyeƦ nw. Ćen YeejleerĆe efj]peJe& yeQkeĆ¢ Ćeje mejkeĆ¢ejer #es$e kesĆ¢ yeQkeĆ¢eW kesĆ¢ keĆ¢ce&ĆeeefjĆeeW keĆ¢es heWMeve keĆ¢e efJekeĆ¢uhe hegve: Keesueves leLee Gheoeve (ieĆsĆĆetÅ”er) meercee ceW Je=efƦ ā efJeJeskeĆ¢hetCe& efveĆeecekeĆ¢ JĆeJenej kesĆ¢ yeejs ceW peejer heefjhe$eebkeĆ¢ [eryeerDees[er.yeerheer.yeermeer/80/21.04.018/2010-11 efoveebkeĆ¢ 9 HeĆ¢jJejer, 2011 kesĆ¢ Devegmeej SSme 15 (mebMeesefOele) keĆ¢ce&Ćeejer ueeYe kesĆ¢ heĆeJeOeeveeW keĆ¢es ueeiet keĆ¢jves mes yeQkeĆ¢eW keĆ¢es ĆtÅ” osves kesĆ¢ Devegheeueve kesĆ¢ Ā¤he ceW nw.
(Ke) DevegmetĆeer 19 kesĆ¢ veesÅ” meb.19 ceW YeejleerĆe efj]peJe& yeQkeĆ¢ he$e meb. [eryeerDees[er meb.yeerheer.1311/21.04. 048/2010-11 efoveebkeĆ¢ 25 pegueeF&, 2011 kesĆ¢ Ćeje heĆehle Devegceesove kesĆ¢ Devegmeej cesceve keĆ¢es-Dee@hejsefÅ”Je yeQkeĆ¢ efueefceÅ”s[ keĆ¢er efJeefvee|oĀ° DeeeqmleĆeeW leLee osĆeleeDeeW kesĆ¢ DeefOeieĆnCe kesĆ¢ heefjCeecemJeĀ¤he 31 ceeĆe&, 2012 keĆ¢es 99.50 keĆ¢jesĆ[ Ā®heĆes kesĆ¢ kegĆ¢ue efveOee&efjle IeeÅ”s keĆ¢e GuuesKe efkeĆ¢Ćee ieĆee nw efpemes efJeĆ²eerĆe
Je<e& 2013-14 lekeĆ¢ DeevegheeeflekeĆ¢ Ā¤he mes heĆYeeefjle efkeĆ¢Ćee peevee nw.
4. Incorporated in the Consolidated Financial Statements are:
(a) Figures of unaudited financial statements in respect of -2- international subsidiaries, namely Bank of Baroda (Botswana) Ltd. and Bank of Baroda (Trinidad and Tobago) Ltd., whose financial statements reflect total assets of `1497.68 crores as on 31st March, 2012 and total revenue of `82.34 crores and cash flows amounting to `29.32 crores for the year ended on that date
(b) Financial statements of -7- international subsidiaries and -1- international Joint venture which have not been audited by us whose financial statements reflect total assets of `4680.42 crores as at 31st March, 2012 and total revenue of `425.43 crores and cash flows amounting to `191.06 crore for the year then ended. The financial statements and other financial information of said subsidiaries and joint ventures have been audited by other auditors as per the requirement of respective local Generally Accepted Accounting Principles (GAAP). These financial statements have been converted as per the requirements of Indian GAAP by the management and audited by them and our opinion, in so far it relates to the amounts included in respect of those subsidiaries is based solely on the reports of those auditors and its conversion into Indian GAAP as stated above.
(c) Figures of -3- domestic subsidiaries and -1- domestic joint venture which have been audited by other auditors whose financial statements reflect total assets of `5393.35 crore as at March 31, 2012 and total revenue of `1036.41 crore and cash flows amounting to 160.57 crore for the year then ended.
5. Without qualifying our opinion, we draw attention to:
(a) Note No.18 of Schedule-19, which describes deferment of liability of the Bank and its subsidiary, the Nainital Bank Ltd, relating to pension and gratuity to the extent of `1119.48 crores as on March 31, 2012 pursuant to the exemption granted by the Reserve Bank of India to the public sector banks from application of the provisions of AS 15 (revised), Employee Benefits, vide its circular no. DBOD.BP.BC/80/21.04.018/2010-11 dated February 9, 2011, on Re-opening of Pension Option to Employees of Public Sector Banks and Enhancement in Gratuity Limit- Prudential Regulatory Treatment.
(b) Note No.19 of Schedule-19, which describes that the unrecognized deficit aggregating `99.50 crores as on March 31, 2012, arising out of the take-over of specified assets and liabilities from the Memon Co-operative Bank Limited to be charged off proportionately till financial year 2013-14 as per approval received from RBI vide Letter No. DBOD.No.BP.1311/21.04.048/2010-11 dated July 25, 2011.
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6. Based on our audit, consideration of reports of other auditors on separate financial statements, consideration of unaudited financial statements and on the other financial information of the components, and to the best of our information and according to the explanations given to us read with paragraphs 4 and 5 above, we are of the opinion that the attached consolidated financial statements give a true and fair view in conformity with the accounting principles generally accepted in India:
(i) in the case of the Consolidated Balance Sheet, of the state of affairs of the Bank, its Subsidiaries and interests in its Associates/ Joint ventures(Group) as on 31st March 2012;
(ii) in the case of the Consolidated Profit & Loss Account, of the consolidated Profit of the āGroupā for the year ended on that date, and
(iii) in the case of Consolidated Cash Flow Statement, of the cash flows of the āGroupā for the year ended on that date.
6. nceejer uesKee Hejer#ee SJeb DevĆe uesKee-Hejer#ekeĆ¢eW keĆ¢er Deueie efJeĆ²eerĆe efJeJejefCeĆeeW
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nceejer Ćen jeĆe nw efkeĆ¢ mebueive mecesefkeĆ¢le efJeĆ²eerĆe efJeJejefCeĆeeb Yeejle ceW
meeceevĆele: mJeerke=Ć¢le uesKeebkeĆ¢ve efmeƦevleeW kesĆ¢ Devegmeej JeemleefJekeĆ¢ SJeb mener
lemJeerj HeĆmlegle keĆ¢jleer nQ.
(i) 31 ceeĆe& 2012 keĆ¢es yeQkeĆ¢, yeQkeĆ¢ keĆ¢er Deveg<ebefieĆeeW kesĆ¢ keĆ¢eĆe& JĆeJenejeW
leLee yeQkeĆ¢ keĆ¢er menĆeesieer keĆ¢cheefveĆeeW / mebĆegĆ²eĆ¢ GheāŗeĆ¢ceeW kesĆ¢ efnleeW mes
mecyebefOele mecesefkeĆ¢le legueveHe$e kesĆ¢ mecyeOe ceW.
(ii) GkeƤle leejerKe keĆ¢es meceeHle Je<e& kesĆ¢ efueS āāieĆgHeāā kesĆ¢ mecesefkeĆ¢le ueeYe
mecyevOeer mecesefkeĆ¢le ueeYeneefve Keeles kesĆ¢ mecyevOe ceW, leLee
(iii) GĆ²eĆ¢ leejerKe keĆ¢es meceehle Je<e& kesĆ¢ efueS āāĀ«egheāā kesĆ¢ vekeĆ¢oer HeĆJeen
mecyevOeer mecesefkeĆ¢le vekeĆ¢oer HeĆJeen efJeJejCeer kesĆ¢ mecyebOe ceW.
ke=Ć¢les efKecepeer kegbĆ¢Jejpeer SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 105146 [yuĆet(ieewlece Jeer Meen)YeeieeroejSce. veb.: 117348
For Khimji Kunverji & CoChartered AccountantsFRN: 105146W(Gautam V. Shah)PartnerM No.117348
ke=Ć¢les yeĆĆæeĆĆee SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 000511 Sme(kesĆ¢. efpeleWƵ kegĆ¢ceej)YeeieeroejSce. veb.: 201825
For Brahmayya & Co.Chartered AccountantsFRN: 000511S(K. Jitendra Kumar)PartnerM No.201825
ke=Ć¢les js SC[ jsmeveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 301072 F&(S. Sve. ĆesVesceeoer)YeeieeroejSce. veb.: 031004
For Ray & RayChartered AccountantsFRN: 301072E(A. N. Yennemadi)PartnerM. No. 031004
ke=Ć¢les Sme kesĆ¢. efceĆ²eue SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 001135 Sve(ke=Ć¢<Ce meĀ®He)YeeieeroejSce. veb.: 010633
For S. K. Mittal & Co.Chartered AccountantsFRN: 001135N(Krishan Sarup)PartnerM. No. 010633
ke=Ć¢les Sve.yeer.Sme. SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 110100 [yuĆet(ĆøeoerHe pes MesĆ³er)YeeieeroejSce. veb.: 046940
For N. B. S. & Co.Chartered AccountantsFRN: 110100W(Pradeep J. Shetty)PartnerM No.046940
ke=Ć¢les ue#ceerefveJeeme veerLe SC[ kebĆ¢.meveoer uesKeekeĆ¢ejSHeĆ¢DeejSve: 002460 Sme(oĆeeefveJeeme Mecee&)YeeieeroejSce. veb.: 216244
For Laxminiwas Neeth & Co.Chartered AccountantsFRN: 002460S(Dayaniwas Sharma)PartnerM No.216244
mLeeve / Place: cegbyeF& / MumbaiefoveebkeĆ¢ / Date: 15th May, 2012
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meer F& Dees / meer SHeĆ¢ Dees ĆeceeCeerkeĆ¢jCe
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i. Fve efJeJejefCeĆeeW ceW keĆ¢esF& efJe<eĆeiele DeĆeLeeLe& DeefYekeĆ¢Leve veneR nw DeLeJee keĆ¢esF& efJe<eĆeiele leLĆe efĆheeĆee veneR ieĆee nw DeLeJee FveceW keĆ¢esF& YeĆ¼ecekeĆ¢ DeefYekeĆ¢Leve Meeefceue veneR efkeĆ¢Ćee ieĆee nw.
ii. Ćes DeefYekeĆ¢Leve / efJeJejCe yeQkeĆ¢ kesĆ¢ keĆ¢eĆe&keĆ¢ueeheeW keĆ¢e mener SJeb mheĀ° ĆefĀ°keĆ¢esCe Ćemlegle keĆ¢jles nQ leLee Ćes efJeĆ eceeve uesKee ceevekeĆ¢eW, ueeiet efveĆeceeW SJeb efJeefveĆeceeW kesĆ¢ DevegĀ¤he nQ.
Ke. nceejer peevekeĆ¢ejer SJeb efJeĆeeme kesĆ¢ Devegmeej Je<e& kesĆ¢ oewjeve yeQkeĆ¢ Ćeje Ssmes keĆ¢esF& mebJĆeJenej veneR efkeĆ¢S ieS pees OeesKeeOeĆ[er ceW efuehle nes, iewj keĆ¢evetveer nes DeLeJee yeQkeĆ¢ keĆ¢er DeeĆeej mebefnlee kesĆ¢ efJeĀ¤Ć¦ neW.
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i. Je<e& kesĆ¢ oewjeve efJeĆ²eerĆe efjheesefÅ”Ćie kesĆ¢ meboYe& ceW DeevleefjkeĆ¢ efveĆev$eCe JĆeJemLee ceW cenlJehetCe& heefjJele&ve
ii. Je<e& kesĆ¢ oewjeve uesKee veerefleĆeeW ceW cenlJehetCe& heefjJele&ve leLee FvekeĆ¢e GuuesKe efJeĆ²eerĆe efJeJejefCeĆeeW kesĆ¢ veesÅ”dme ceW keĆ¢j efoĆee ieĆee nw
iii. nceejer peevekeĆ¢ejer ceW DeeS OeesKeeOeĆ[er mecyebOeer efJeefMeĀ° ceeceues leLee GveceW ĆeyevOeve DeLeJee efkeĆ¢meer keĆ¢ce&Ćeejer keĆ¢er mebefuehlelee, efpemekeĆ¢er DeevleefjkeĆ¢ efveĆev$eCe ĆeCeeueer mebyebOeer efJelleerĆe efjHeesefÅ”Ćie ceW Dence YetefcekeĆ¢e nes.
Jeer. kesĆ¢. ieghlee Sce. [er. ceuĆee
ceneĆeyevOekeĆ¢ DeOĆe#e SJeb ĆeyebOe efveosMekeĆ¢
(keĆ¢eheexjsÅ” Keeles SJeb keĆ¢jeOeeve leLee meerSHeĆ¢Dees)
efoveebkeĆ¢ : 15 ceF& 2012
mLeeve : cegbyeF&
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Board of Directors,Bank of BarodaMumbai
Dear Sirs,
Re : CEO/CFO Certification for the year 2011 - 12 - Consolidated
Pursuant to Clause 41 and 49 of the Listing Agreements with Bombay Stock Exchange Limited and National Stock Exchange Limited, we hereby certify that:
a. We have reviewed financial statements and the cash flow statement for the year 2011-12 (Consolidated) and that to the best of our knowledge and belief:
i. These statements do not contain any materially untrue statement or omit any material fact or contain statements that might be misleading:
ii. These statements together present a true and fair view of the Bankās affairs and are in compliance with existing accounting standards, applicable laws and regulations.
b. There are, to the best of our knowledge and belief, no transactions entered into by the Bank during the year which are fraudulent, illegal or violative of the Bankās code of conduct.
c. We accept responsibility for establishing and maintaining internal controls for financial reporting and that we have evaluated the effectiveness of internal control systems of the Bank pertaining to financial reporting and we have disclosed to the auditors and the Audit Committee deficiencies in the design or operation of such internal controls, if any, of which we are aware and the steps we have taken or propose to take to rectify these deficiencies.
d. We have indicated to the Auditors and the Audit Committee.
i. Significant changes in internal control over financial reporting during the year.
ii. Significant changes in accounting policies during the year and that the same have been disclosed in the notes to the financial statements and
iii. Instances of significant fraud of which we have become aware and the involvement therein, if any, of the management or an employee having a significant role in the Bankās internal control system over financial reporting.
V. K. Gupta M. D. MallyaGeneral Manager Chairman and Managing Director(Corporate Accounts & Taxation and CFO)
Date : 15th May 2012Place : Mumbai
CEO / CFO CERTIFICATION
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HeĆe@keƤmeer HeĆ¢ece& Hej nmlee#ej keĆ¢jves SJeb HeĆmlegle keĆ¢jves mebyebOeer DevegosMe1. HeĆe@keƤmeer keĆ¢er keĆ¢esF& efueKele leye lekeĆ¢ JewOe veneR ceeveer peeSieer peye lekeĆ¢ efkeĆ¢ : (keĆ¢) Ćen JewĆeefkeƤlekeĆ¢ MesĆejOeejkeĆ¢ kesĆ¢ ceeceues ceW, MesĆejOeejkeĆ¢ Ćeje Ćee GmekesĆ¢ Ćeje efJeefOeJele efueefKele Ā¤He ceW HeĆeefOeke=Ć¢le GmekesĆ¢ DeÅ”veea Ćeje nmlee#eefjle ve nes. (Ke) mebĆegkeƤle OeejkeĆ¢eW kesĆ¢ ceeceues ceW, Ćen jefpemÅ”j ceW ope& HeĆLece MesĆejOeejkeĆ¢ Ćeje Ćee GmekesĆ¢ Ćeje efJeefOeJeled efueefKele Ā¤He ceW HeĆeefOeke=Ć¢le GmekesĆ¢ DeÅ”veea Ćeje nmlee#eefjle ve nes. (ie) efvekeĆ¢eĆe keĆ¢eHeexjsÅ” kesĆ¢ ceeceues ceW, efJeefOeJele efueefKele Ā¤He ceW HeĆeefOeke=Ć¢le FmekesĆ¢ DeefOekeĆ¢ejer DeLeJee DeÅ”veea Ćeje nmlee#eefjle ve nes. yeMelex efkeĆ¢ HeĆe@keƤmeer efueKele efkeĆ¢meer MesĆejOeejkeĆ¢ Ćeje mecegefĆele Ā¤He mes nmlee#eefjle nesvee ĆeeefnS efkebĆ¢leg Ćeefo efkeĆ¢meer keĆ¢ejCeJeMe MesĆejOeejkeĆ¢ DeHevee veece efueKeves ceW DemeceLe& nQ Deewj GmekesĆ¢
Debiet"s keĆ¢e efveMeeve Jeneb ueiee nw, lees Ćen vĆeeĆeeOeerMe, cewefpemÅ”^sÅ”, jefpemÅ”^ej Ćee GHejefpemÅ”^ej Dee@HeĆ¢ SMĆeesjsvmesme Ćee efkeĆ¢meer DevĆe mejkeĆ¢ejer jepeHeef$ele DeefOekeĆ¢ejer Ćee yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe kesĆ¢ efkeĆ¢meer DeefOekeĆ¢ejer Ćeje mee#ĆeebefkeĆ¢le nesvee ĆeeefnS.
2. keĆ¢esF& Yeer heĆe@keƤmeer leye lekeĆ¢ JewOe veneR nesieer peye lekeĆ¢ efJeefOeJele mÅ”ebefHele ve nes Deewj Fmes yeQkeĆ¢ kesĆ¢ heĆOeeve keĆ¢eĆee&ueĆe ceW yew"keĆ¢ keĆ¢er leejerKe mes keĆ¢ce mes keĆ¢ce Ćeej efove henues DeLee&le MeefveJeej 23 petve, 2012 keĆ¢es oeshenj 2.00 yepes lekeĆ¢ yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe, kesĆ¢JeeF&meer SJeb SSceSue efJeYeeie, heĆOeeve keĆ¢eĆee&ueĆe, Dee"Jeeb leue, metjpe hueepee ā I , meĆeepeeriebpe, JeĆ[esoje-390 005 ceW yeQkeĆ¢ keĆ¢er keĆ¢eĆe& meceeeqhle hej Ćee Fmemes hetJe& pecee ve keĆ¢jeĆee ieĆee nes. FmekesĆ¢ meeLe Gme cegKleejveecee Ćee DevĆe heĆeefOekeĆ¢ej (Ćeefo keĆ¢esF& nes) efpemekesĆ¢ lenle Fmes nmlee#eefjle efkeĆ¢Ćee ieĆee nes Ćee Gme cegKleejveecee keĆ¢er heĆefle Ćee heĆeefOekeĆ¢ej keĆ¢er heĆefle efpemes veesÅ”jer heeqyuekeĆ¢ Ćee cewefpemÅ”^sÅ” Ćeje melĆe heĆceeefCele efkeĆ¢Ćee ieĆee nes, keĆ¢es pecee ve keĆ¢jeĆee ieĆee nes, yeMelex efkeĆ¢ Ssmee cegKleejveecee Ćee DevĆe heĆeefOekeĆ¢ej, yeQkeĆ¢ ceW henues pecee Deewj hebpeerke=Ć¢le ve efkeĆ¢Ćee ieĆee nes..
3. heĆe@keƤmeer keĆ¢e keĆ¢esF& Yeer efueKele leye lekeĆ¢ efJeefOeceevĆe veneR nesiee, peye lekeĆ¢ Jen HeĆ¢ece& ā yeer ceW ve nes.4. yeQkeĆ¢ kesĆ¢ heeme pecee keĆ¢er ieF& heĆe@keƤmeer keĆ¢er efueKele DeheefjJele&veerĆe Deewj Debeflece nesieer..5. efJekeĆ¢uhe kesĆ¢ leewj hej oes mJeerke=Ć¢le JĆeefĆ²eĆ¢ĆeeW kesĆ¢ he#e ceW oer ieF& heĆe@keƤmeer efueKele kesĆ¢ ceeceues ceW SkeĆ¢ mes DeefOekeĆ¢ HeĆ¢ece& efve<heeefole veneR efkeĆ¢Ćee peeSiee. 6. heĆe@keƤmeer keĆ¢er efueKele keĆ¢es efve<heeefole keĆ¢jves Jeeuee Devegoelee (ieejbÅ”j) mebyebefOele yew"keĆ¢ ceW JĆeefĆ²eĆ¢iele Ā¤he ceW celeoeve keĆ¢e nkeĆ¢oej veneR nesiee. 7. efkeĆ¢meer Yeer Ssmes JĆeefĆ²eĆ¢ keĆ¢es ĆeLeeefJeefOe heĆeefOeke=Ć¢le heĆefleefveefOe DeLeJee heĆe@keƤmeer efveĆegĆ²eĆ¢ veneR efkeĆ¢Ćee peeSiee pees yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe keĆ¢e DeefOekeĆ¢ejer DeLeJee keĆ¢ce&Ćeejer nes.8. heĆe@keƤmeer HeĆ¢ece& ceW efkeĆ¢S ieS meYeer heefjJele&ve ĆeLeeefJeefOe heĆYeeefjle nesves ĆeeefnS
HeĆ¢ece& yeer
HeĆe@keƤmeer - HeĆ¢ece&(MesĆejOeejkeĆ¢ Ćeje Yeje SJeb nmlee#ej efkeĆ¢Ćee peeS)
16JeeR Jeeef<e&keĆ¢ meeceevĆe yew"keĆ¢iegĀ®Jeej, 28 petve, 2012
Hebpeerke=Ć¢le HeĆ¢esefueĆees āŗeĆ¢. [erHeer DeeF&[er āŗeĆ¢.* ieĆenkeĆ¢ DeeF&[er āŗeĆ¢.* (FueskeĆ¤Å”^esefvekeĆ¢ Ā¤he ceW MesĆej jKeves Jeeues meomĆeeW kesĆ¢ efueS ueeiet)
ceQ/nce efveJeemeer
efpeuee
jepĆe yeQkeĆ¢ Dee]@HeĆ¢ yeĆ[ewoe keĆ¢e/kesĆ¢ MesĆejOeejkeĆ¢ nesves kesĆ¢ veeles SleodĆeje
Ćeer/Ćeerceleer
efveJeemeer efpeuee
jepĆe keĆ¢es DeLeJee GvekeĆ¢er DevegHeefmLeefle ceW Ćeer/Ćeerceleer
efveJeemeer efpeuee
jepĆe keĆ¢es 28 petve, 2012 keĆ¢es heĆele: 10.30 yepes mej meĆeepeerjeJe veiejie=n, JeĆ[esoje ceneveiej mesJee meove, yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe Meleeyoer Je<e& (2007-2008) Å”er.heer.-1, SHeĆ¢.heer.549/1, peerF&yeer keĆ¢e@ueesveer kesĆ¢ heeme, Deesu[ heeoje jes[, DekeĆ¢esÅ”e, Je[esoje ā 390 020 ceW Ćee FmekeĆ¢er mLeefiele leejerKe keĆ¢es yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe kesĆ¢ MesĆejOeejkeĆ¢eW keĆ¢er nesves Jeeueer 16JeeR Jeee|<ekeĆ¢ meeceevĆe yew"keĆ¢ ceW cesjer /nceejer Deesj mes yew"keĆ¢ ceW Yeeie uesves Deewj JeesÅ” osves kesĆ¢ efueS heĆe@keƤmeer efveĆegĆ²eĆ¢ keĆ¢jlee/keĆ¢jleer ntb/keĆ¢jles nQ.
leejerKe ceen 2012 keĆ¢es nmlee#eefjle
Ćee@keƤmeer kesĆ¢ nmlee#ej
veece (mheĀ° De#ejeW ceW) : helee : ĆeLece MesĆejOeejkeĆ¢ / SkeĆ¢ue MesĆejOeejkeĆ¢ kesĆ¢ nmlee#ej
ke=Ć¢heĆee jepemJe
efÅ”keĆ¢Å” ĆenebueieeĆeW
Laptop\D:\Annual Report 2011 - 2012\fINAL 19-5-12\Proxy Form (Hindi).indd 232 May 28, 2012 3:22 PM
Form B
PROXY FORM(To be filled in and signed by the Shareholder)
16th Annual General MeetingThursday, 28th June 2012
Regd.Folio No. DP.ID No*. Client ID No.* _____________________ (* Applicable for members holding shares in electronic form)
I / We resident of
in the district of
in the State of being a shareholder / shareholders of Bank of Baroda, hereby appoint
Shri/Smt.
resident of in the district of
in the State of or failing him/her, Shri/Smt.
resident of in the district of
in the state of as my/our proxy to vote for me/us and on my/our behalf at the 16th ANNUAL GENERAL MEETING of the Shareholders of BANK OF BARODA to be held on the Thursday, 28th June 2012, at 10.30 a.m. at Sir Sayajirao Nagargriha, Vadodara Mahanagar Seva Sadan, Bank of Baroda Centenary Year (2007-2008), T.P. - 1, F.P. 549/1, Near GEB Colony, Old Padra Road, Akota, Vadodara ā 390020 and at any adjournment thereof.
Signed this day of 2012
Signature of Proxy
Name(In Block Letters)
Address
INSTRUCTIONS FOR SIGNING AND LODGING THE PROXY FORM1. No instrument of proxy shall be valid unless:
a. In the case of an individual shareholder, it is signed by him/her or by his/her attorney, duly authorized in writing orb. In the case of joint holders, it is signed by the shareholder first named in the register or his/her attorney, duly authorized in writing orc. In the case of the body corporate, signed by its officer or an attorney duly authorized in writing. Provided that an instrument of Proxy shall be sufficiently signed by any shareholder, who is, for any reason, unable to write his/her name,
if his/her mark / thumb impression is affixed thereto and attested by a Judge, Magistrate, Registrar or Sub-Registrar of Assurance or other Government gazetted officer or an officer of Bank of Baroda.
2. No proxy shall be valid unless it is duly stamped and is deposited at the Head Office of the Bank at Bank of Baroda, KYC & AML Department, 08th Floor, Suraj Plaza ā I, Sayajiganj, Vadodara ā 390 005, not less than ā4- days before the date fixed for the meeting i.e. on or before the closing hours of the Bank at 2.00 p.m. on Saturday, 23rd June 2012, together with the power of attorney or other authority (if any) under which it is signed or a copy of that power of attorney or other authority certified as true copy by a Notary Public or a Magistrate unless such a power of attorney or the other authority is previously deposited and registered with the Bank.
3. No instrument of proxy shall be valid unless it is in āForm Bā.4. An instrument of proxy deposited with the Bank shall be irrevocable and final.5. In the case of an instrument of proxy granted in favour of two grantees in the alternative, not more than one form shall be executed.6. The grantor of an instrument of proxy shall not be entitled to vote in person at the meeting to which such instrument relates.7. No person shall be appointed as duly authorized representative or a proxy who is an officer or an employee of Bank of Baroda.8. All alterations in the Proxy Form should be duly authenticated.
Signature of first named/sole Shareholder
Affix Revenue
Stamp
Laptop\D:\Annual Report 2011 - 2012\fINAL 19-5-12\Proxy Form (Hindi).indd 233 May 28, 2012 3:22 PM
GHeefmLeefle HeĆeea16JeeR Jeeef<e&keĆ¢ meeceevĆe yew"keĆ¢
HeĆJesMe He$e(yew"keĆ¢ keĆ¢er mecemle keĆ¢eĆe&Jeener kesĆ¢ oewjeve DeHeves Heeme jKeW)
efÅ”hheCeer :1. MesĆejOeejkeĆ¢eW/HeĆe@keƤmeer DeLeJee MesĆejOeejkeĆ¢eW kesĆ¢ HeĆefleefveefOe mes DevegjesOe nw efkeĆ¢ Jes yew"keĆ¢ mLeue hej HeĆJesMe HeĆeHle keĆ¢jves kesĆ¢ efueS yeQkeĆ¢/DeejÅ”erS ceW Hebpeerke=Ć¢le
vecetvee nmlee#ej kesĆ¢ DevegĀ¤he ĆeLeeefJeefOe nmlee#eefjle GkeƤle GHeefmLeefle HeĆeea Deewj HeĆJesMeHe$e SkeĆ¢ meeLe HeĆmlegle keĆ¢jW. 2. heĆJesMe, melĆeeheve /peebĆe, pewmee DeeJeMĆekeĆ¢ mecePee peeSiee, kesĆ¢ DeOeerve nesiee.3. efkeĆ¢meer Yeer HeefjefmLeefle ceW, yew"keĆ¢ kesĆ¢ HeĆJesMeĆej Hej keĆ¢esF& [gHueerkesĆ¢Å” GHeefmLeefle HeĆeea peejer veneR keĆ¢er peeSieer.
efÅ”hheCeer :1. yew"keĆ¢ ceW Yeeie uesves kesĆ¢ FĆĆgkeĆ¢ meomĆe/heĆe@keƤmeer OeejkeĆ¢ yew"keĆ¢ ceW GheeqmLeefle heĆeea DeJeMĆe meeLe ueeS leLee Fmes efJeefOeJele Ā®he ceW YejkeĆ¢j SJeb nmlee#ej keĆ¢j
heĆJesMe Ćej hej meeQhe oW.2. yew"keĆ¢ ceW Yeeie uesves kesĆ¢ FĆĆgkeĆ¢ meomĆe / heĆe@keƤmeerOeejkeĆ¢ yew"keĆ¢ ceW meboYe& Deeefo kesĆ¢ efueS Jeee|<ekeĆ¢ efjheesÅ”& keĆ¢er Deheveer heĆefle meeLe ueskeĆ¢j DeeSb.
efoveebkeĆ¢ iegĀ®Jeej, 28 petve, 2012
mLeeve mej meĆeepeerjeJe veiejie=n, JeĆ[esoje ceneveiej mesJee meove, yeQkeĆ¢ Dee@]heĆ¢ yeĆ[ewoe Meleeyoer Je<e& (2007-2008), Å”erheer 1, SheĆ¢heer 549/1, peerF&yeer keĆ¢e@ueesveer kesĆ¢ heeme, Deesu[ heeoje jes[, DekeĆ¢esÅ”e-Je[esoje - 390 020
hetje veece (mheĀ° De#ejeW ceW)
MesĆejeW keĆ¢er mebKĆee
HeĆ¢esefueĆees meb. (YeeweflekeĆ¢ Ā¤he ceW nesefu[bie nsleg)
[erheer DeeF&[er / ieĆenkeĆ¢ DeeF&.[er.mebKĆee (FueskeĆ¤Å”^e@efvekeĆ¢ Ā®he ceW MesĆejOeejkeĆ¢eW kesĆ¢ efueS)
GHeefmLele MesĆejOeejkeĆ¢/ HeĆe@keƤmeer /
HeĆefleefveefOe kesĆ¢ nmlee#ej
HeĆ¢esefueĆees meb.(YeeweflekeĆ¢ Ā¤he ceW MesĆejOeejkeĆ¢eW kesĆ¢ efueS)
[erheer DeeF&[er / ieĆenkeĆ¢ DeeF&.[er. (FueskeĆ¤Å”^e@efvekeĆ¢ Ā®he ceW MesĆejOeejkeĆ¢eW kesĆ¢ efueS)
hetje veece (mheĀ° De#ejeW ceW)
MesĆejeW keĆ¢er mebKĆee
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ATTENDANCE SLIP
16th Annual General Meeting
ENTRY PASS(To be retained throughout the meeting)
Date Thursday, 28th June 2012
Place Sir Sayajirao Nagargriha, Vadodara Mahanagar Seva Sadan, Bank of Baroda Centenary Year (2007-2008) T.P.-1,F.P. 549/1, Near GEB Colony, Old Padra Road, Akota, Vadodara ā 390 020
Full Name (In Bock Letters)
No of Shares
Folio No. (for holding in physical form)
DP ID / Client ID No.(for holding in electronic form)
Signature of the Shareholder /Proxy / Representative present
Folio No. (for holding in physical form)
DP ID / Client ID No.(for holding in electronic form)
Full Name (In Bock Letters)
No. of Shares
Notes:1. Member / proxy holder wishing to attend the meeting must bring the attendance slip to the meeting and hand it over
at the entrance duly filled-in and signed.2. Member / proxy holder wishing to attend the meeting should bring his/her copy of the Annual Report for reference at
the meeting.
Notes:1. Shareholders / proxy or representative of shareholders are requested to produce the above attendance slip, duly filled
in and signed in accordance with their specimen signatures registered with the Bank/RTA, along with the entry pass, for admission to the venue.
2. The admission will, however, be subject to verification / checks, as may be deemed necessary. 3. Under no circumstances, any duplicate attendance slip will be issued at the entrance to the meeting.
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yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoeFueskeĆ¤Å”^e@efvekeĆ¢ meceeMeesOeve mesJee (pecee meceeMeesOeve)
FefkeƤJeÅ”er MesĆejeW hej ueeYeebMe kesĆ¢ Yegieleeve kesĆ¢ efueS F&meerSme DeefOeosMe
1. ĆeLece MesĆejOeejkeĆ¢ keĆ¢e veece (mheĀ° De#ejeW ceW) :
2. helee : :
3. MesĆejOeejkeĆ¢ keĆ¢er HeĆ¢esefueĆees mebKĆee (YeeweflekeĆ¢ Ā¤he ces MesĆejOeejkeĆ¢eW kesĆ¢ efueS) :
[er. heer. DeeF&[er / Ā«eenkeĆ¢ DeeF&[er mebKĆee (FueskeĆ¤Å”^e@efvekeĆ¢ MesĆejOeejkeĆ¢eW kesĆ¢ efueS) :
4. yeQkeĆ¢ Keeles keĆ¢e efJeJejCe :
keĆ¢. yeQkeĆ¢ keĆ¢e veece :
Ke. MeeKee keĆ¢e veece SJeb Menj keĆ¢e efheve keĆ¢es[ :
ie. Keelee mebKĆee (pewmee efkeĆ¢ ĆeskeĆ¢ yegkeĆ¢ ceW efoĆee ieĆee nw) :
Ie. Keelee heĆkeĆ¢ej (ke=Ć¢heĆee efÅ”keĆ¢ keĆ¢jW) : yeĆele yeQkeĆ¢ Ćeeuet vekeĆ¢o GOeej (yeĆele yeQkeĆ¢ Keelee/Ćeeuet Keelee Ćee vekeĆ¢o-GOeej Keelee)
[. yeQkeĆ¢ Keeles keĆ¢er uespej HeĆ¢esefueĆees mebKĆee : (Ćeefo ĆeskeĆ¢ yegkeĆ¢ hej DebefkeĆ¢le efkeĆ¢Ćee pee jne nes)
Će. yeQkeĆ¢ Ćeje peejer ceeFkeĆ¢j ĆeskeĆ¢ ceW cegefƵle : yeQkeĆ¢ Deewj MeeKee keĆ¢er 9 DebkeĆ¢erĆe keĆ¢es[ meb. :
5. ke=Ć¢heĆee henĆeeve kesĆ¢ ĆeceeCe mJeĀ¤he Deheves hewve keĆ¢e[& keĆ¢er mJeĆeb Ćeje melĆeeefhele HeĆ¢esÅ”es Ćeefle leLee keĆ¢es[ mebKĆee keĆ¢er melĆelee keĆ¢er peebĆe kesĆ¢ efueS Deheves GheĆeg&Ć²eĆ¢ Keeles mes mebyebefOele, DeehekesĆ¢ yeQkeĆ¢ Ćeje peejer ĆeskeĆ¢ kesĆ¢ hevves keĆ¢er HeĆ¢esÅ”es keĆ¢eheer / keĆ¢esje jƶ efkeĆ¢Ćee ieĆee ĆeskeĆ¢ mebueive keĆ¢jW
Iees<eCee
ceQ SleodĆeje Ćen Ieesef<ele keĆ¢jlee/leer ntb efkeĆ¢ GheĆeg&Ć²eĆ¢ efJeJejCe mener Je hetCe& nQ. Ćeefo DehetCe& peevekeĆ¢ejer kesĆ¢ keĆ¢ejCeeW mes uesveosve ceW osjer nesleer nw Ćee Ćen ĆeYeeJeer veneR neslee nw lees ceQ yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe keĆ¢es efpeccesoej veneR "njeTbiee/ieer.
mLeeve : ĆeLece OeejkeĆ¢ kesĆ¢ nmlee#ejefoveebkeĆ¢ :
efŔhheCeer :
1. Ćeefo MesĆejFueskeĆ¤Å”^e@efvekeĆ¢Ā¤he ceWjKesieSnQ:ke=Ć¢heĆee HeĆ¢ece& hetCe&leĆee Yej keĆ¢j Fme hej nmlee#ej keĆ¢jW leLee Fmes DeĆ eleve keĆ¢jves nsleg Dehesef#ele omleeJespeeW meefnle Deheves ĆeefleYeeieer ef[hee@efpeÅ”jer keĆ¢es Ćemlegle keĆ¢jW.
2. Ćeefo MesĆej YeeweflekeĆ¢ Ā¤he ceW jKes ieS nQ :ke=Ć¢heĆee HeĆ¢ece& hetCe&leĆee Yej keĆ¢j Fme hej nmlee#ej keĆ¢jW leLee Fmes Dehesef#ele omleeJespeeW meefnle jefpemÅ”^ej SJeb Å”^ebmeHeĆ¢j SpeWÅ” (DeejÅ”erS) DeLee&le cewmeme& keĆ¢eJeea kebĆ¢hĆetÅ”jMesĆej Ćee. efue., huee@Å” veb. 17-24, efJeĀŖuejeJe veiej, ceeOeehegj, nwojeyeeo-500 081 DeLeJee yeQkeĆ¢ Dee@]HeĆ¢ yeĆ[ewoe, efveJesMekeĆ¢ mesJeeSb efJeYeeie, ĆeLece leue, yeĆ[ewoe keĆ¢eheexjsÅ” meWÅ”j, meer-26 peer yuee@keĆ¢, yeebƵe kegĆ¢uee& keĆ¢echeueskeƤme, yeebƵe (hetJe&), cegbyeF&-400 051 kesĆ¢ heles hej Yespe oW.
Laptop\D:\Annual Report 2011 - 2012\fINAL 19-5-12\Proxy Form (Hindi).indd 236 May 28, 2012 3:22 PM
BANK OF BARODA
Electronic Clearing Service (Credit Clearing)ECS Mandate for Payment of Dividend on Equity Shares
1. First Shareholderās Name (in Block Letters) :
2. Address :
3. Shareholderās Folio number (for holding in physical form)
D. P. ID / Client ID number (for holding in electronic form) :
4. Particulars of Bank Account :
A. Bank Name
B. Branch Name & City Pin Code :
C. Account No.
(as appearing on the cheque book) :
D. Account Type (please Tick) :
(SB Account / Current A/c. or Cash Credit A/c) : SB Current Cash Credit
E. Ledger Folio number of Bank Account
(if appearing on the cheque book) :
F. 9 Digit Code No. of the Bank &
Branch appearing on the MICR
Cheque issued by the Bank : 5. Please attach a self-attested photocopy of your PANCARD as Proof of Identity alongwith a photocopy of a Cheque leaf
/ blank cancelled cheque issued by your Bank relating to your above account for verifying the accuracy of the Code numbers.
DECLARATION
I, hereby declare that the particulars given above are correct and complete. If the transaction is delayed or not effected at all for reasons of incomplete information, I would not hold Bank of Baroda responsible.
Place:
Date: Signature of the First Holder
Note:
1. if the shares are held in electronic mode: Please complete the form, sign and submit alongwith the required documents to your Depository Participant for necessary updation.
2. if the shares are held in physical mode: Please complete the form, sign and mail alongwith the required documents at the address of Registrar and Transfer Agent (RTA), i.e. M/s Karvy Computershare Pvt. Ltd, Plot No. 17-24, Vithalrao Nagar, Madhapur, Hyderabad - 500 081 OR at Bank of Baroda, Investorsā Services Dept. 1st Floor, Baroda Corporate Centre, C-26, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai ā 400 051.
Laptop\D:\Annual Report 2011 - 2012\fINAL 19-5-12\Proxy Form (Hindi).indd 237 May 28, 2012 3:22 PM
efŔhheCeer / nOtES
Laptop\D:\Annual Report 2011 - 2012\fINAL 19-5-12\Proxy Form (Hindi).indd 238 May 28, 2012 3:22 PM
efŔhheCeer / nOtES
www.bankofbaroda.com
hegjmkeĆ¢ej SJeb mecceeve / Awards and Accolades
efnleOeejkeĆ¢ keĆ¢es ueeYeebMe / Dividend to Stakeholder
CMYK
Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12 Jeeef<e&keĆ¢ efjheesÅ”& Annual Report 2011-12
efyepevesme Jeu[& yesmÅ” yeQkeĆ¢ DeJee[& - HeĆ¢emÅ”smÅ” Ā«eesFbie yeQkeĆ¢ - ueepe&Business World Best Bank 2011 Award for Fastest Growing Bank - Large
efJeĆ²eerĆe Je<e& 2010-11 kesĆ¢ efueS Yeejle mejkeĆ¢ej keĆ¢es ueeYeebMe keĆ¢e YegieleevePayment of Dividend to Govt. of India for Financial Year 2010-11
Sve [er Å”er Jeer ĆeesefHeĆ¢Å” ueer[jMeerhe DeJee[& - meeJe&peefvekeĆ¢ #es$e keĆ¢e Ćesā° yeQkeĆ¢NDTV Profit Leadership Award for Best Public Sector Bank
ScemeerSkeƤme SJeb Å”erJeer18 Ćeje Ćesā° meeJe&peefvekeĆ¢ #es$e kesĆ¢ yeQkeĆ¢ kesĆ¢ efueS Yeejle keĆ¢e Ćesā° yeQkeĆ¢ SJeb efJeĆ²eerĆe mebmLeeve DeJee[&
India Best Banks and Financial Institutions Awards' by MCX and CNBC TV18 for Best Public Sector Bank
efJeĆ²eerĆe mesJeeSb - yeQkeĆ¢ kesĆ¢ efueS keWĆ¢ĆµerĆe heerSmeĆet kesĆ¢ lenle meeJe&peefvekeĆ¢ #es$e ceW Glke=Ć¢Ā°lee - owefvekeĆ¢ Yee<keĆ¢j Fbef[Ćee ĆeeF[ DeJee[&
Dainik Bhaskar India Pride Award for excellence in public sector under the Central PSU for Financial Services - Banks
SHeĆ¢ DeeĆe yeer S meer yeQefkebĆ¢ie DeJee[& - yesmÅ” FveerefMeSefÅ”Je Fve FbkeƤuetefmeJe yeQefkebĆ¢ieFIBAC Banking Award for Best initiative in Inclusive Banking
yeeĆeW mes oeĆeW - Ćeer DeeueeskeĆ¢ efveiece, Ćeer efJeefveue kegĆ¢ceej mekeƤmesvee, Ćeer megjsvƵ efmebn Yeb[ejer, Ćeer melĆeosJe ef$ehee"er, [e@. (Ćeerceleer) cemej&le Meeefno, Ćeer jepeerJe MesKej meent, Ćeer Deej.kesĆ¢. ye#eer - keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢,
Ćeer Sce.[er.ceuĆee - DeOĆe#e SJeb HeĆyebOe efveosMekeĆ¢, Ćeer Sve.Sme.ĆeerveeLe - keĆ¢eĆe&keĆ¢ejer efveosMekeĆ¢, Ćeer ceewefueve S. Jew<CeJe, Ćeer DepeĆe ceeLegj, Ćeer megoMe&ve mesve, Ćeer Jeer. yeer. ĆeJneCe
Left to Right: Shri Alok Nigam, Shri Vinil Kumar Saxena, Shri Surendra Singh Bhandari, Shri Satya Dev Tripathi, Dr. (Smt) Masarrat Shahid, Shri Rajib Sekhar Sahoo, Shri R.K. Bakshi - Executive Director, Shri M.D. Mallya - Chairman & Managing Director, Shri N.S. Srinath - Executive Director,
Shri Maulin A. Vaishnav, Shri Ajay Mathur, Shri Sudarshan Sen, Shri V. B. Chavan
efveosMekeĆ¢ ceb[ue / Board of Directors