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# For the purpose of segment reporting in terms of AS-17 of ICAI and as prescribed
in RBI guidelines, the business of the Bank has been classified into four segments i.e., a)
Treasury Operations (b) Corporate/Wholesale Banking, (c) Retail Banking and (d)Other Banking
Operations
# The Bank operates only in domestic segment.
# Apportionment of expenses has been made based on segment revenue.
# Assets and liabilities wherever directly related to segments have been accordingly
allocated to segments and wherever not directly related have been allocated on the basis of segment
revenue.
NOTES:
1)
The above results have been audited by the Statutory Central Auditors and were taken
on record by the Board of Directors of the Bank at its meeting held on 28.04.2009.
2)
Working results for the year ended 31.03.2009 have been arrived at after making
necessary provisions.
3)
The Board of Directors has recommended a final dividend of Re.1/- per Equity Share
of the face value of Rs.10/-.
4)
The policy of accounting for commission on Non-fund based business viz., Bank
Guarantee and Letter of Credit has been changed during the year effective 1st April 2008 from
accrual basis to cash basis. Had the income been accounted for on accrual basis, the income for the
year would have been lower by Rs.42.07 Crore
5)
Pending finalization of industry level settlement and wage revision, a sum of Rs.60
Crore has been provided on an estimated basis during the quarter towards arrears and included under
Employees' cost.
6)
In terms of Agricultural Debt Waiver and Debt Relief Scheme 2008, framed by the
Government of India and the guidelines, clarifications subsequently issued by RBI, the Bank has
received Rs.62.72 crore during the year on account of Debt waived in respect of small and marginal
farmers against the eligible claim of Rs.153.08 crore leaving a balance of Rs.90.36 crore as
receivable from Government of India as on 31.03.09, and the same is included in
Advances.
7)
As regards Debt Relief to "Other Farmers", a sum of Rs.60.41 crore has been
identified to be eligible for Debt Relief, against which Rs.21.70 crore has been availed by the
eligible borrowers upto 31.03.2009 which forms part of Advances.
8)
Interest / Charges debited in accordance with the above scheme from 1st March 2008
to 30th June 2008 amounting to Rs.5.89 crore has been written off / reversed. The amount debited to
Profit & Loss account and the Claims from the Government of India under the above said scheme
are subject to verification by the Statutory Central Auditors.
9)
Pending finality of the eligible claim due under the scheme, provision for interest
receivable from Government of India has not been considered
10)
A sum of Rs.26.22 Crore has been provided by way of Interest on Matured Term
Deposits from the date of maturity upto 31.03.2009, and Inoperative Savings Deposits, pursuant to
revised guidelines issued by the Reserve Bank of India.
11)
The figures of the previous period/year have been re-grouped and re-classified
wherever necessary.
12)
The number of shareholders' complaints pending is
Nil. Number of complaints received and resolved during the quarter are 426.
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Place : Bangalore
Date : 28th April, 2009
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S.C. KALIA
Executive Director
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ALBERT TAURO
Chairman & Managing Director
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