NOTES:
1. The above financial results have been approved by the Board of
Directors of the Bank at its meeting held on 22nd July 2010.
2. There has been no change in the Accounting Policies and
Practices in preparation of these financial statements as compared to those followed in the
preceding financial year ended 31st March 2010.
3. The above financial results have been subjected to 'Limited Review' by
the Statutory Central Auditors of the Bank in terms of RBI guidelines and SEBI Listing
Agreement.
4. Working results for quarter ended on
30.06.2010 have been arrived at after making necessary provisions for Income Tax, Wealth Tax,
Bonus, provision for depreciation on estimated basis, provision for employee benefits, provisions
for NPAs, Standard Assets and Depreciation on Investment on the basis of prudential norms issued by
the Reserve Bank of India.
5. In terms of instructions contained in RBI
Circular No.DBOD No.BP:BC:82/21.04.048/2009-10 dated March 30, 2010 regarding Agricultural Debt
Waiver and Debt Relief Scheme (ADWDR), 2008 guidelines, if the payments are
delayed by the farmers beyond June 30, 2010, the outstanding amount in the relevant accounts of
such farmers shall be treated as NPA with retrospective effect. In respect of aggregated
outstanding of Rs.167.35 crore due from such farmers as on 30.06.2010, the bank shall review the
position during the quarter ending 30th September 2010.
6. During the quarter ended 30th June 2010 Government of India has
inducted additional Tier – I Capital of Rs.700 crore by subscribing to Perpetual Non–Cumulative
Preference Shares.
7. The figures of the previous period have been regrouped / rearranged,
wherever necessary
8. The number of shareholders' complaints
pending is Nil. Number of complaints received and resolved during the quarter are 322.
