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Financial Reports
Sl. No.
Particulars
Quarter ended
Year
ended
30.06.2012
(Reviewed)
31.03.2012
(Reviewed)
30.06.2011
(Reviewed)
31.03.2012 (Audited)
01
Interest earned [(a)+(b)+(c)+(d)]
219731
215223
178496
798812
 
 (a) Interest/discount on advances/bills
167539
164688
133078
605009
 
 (b) Income from investments
51418
49135
44633
187204
 
 (c) Interest on balances with Reserve Bank of India and other inter bank funds
3
(21)
18
31
 
 (d) Others
771
1421
767
6568
02
Other Income
12263
13813
16844
52790
03
 TOTAL INCOME (1+2)
231994
229036
195340
851602
04
Interest Expended
174226
165968
136194
608459
05
Operating Expenses (i) + (ii)
31881
36720
26595
120096
 
(i) Employee costs
19948
23482
16948
73992
 
(ii) Other operating expenses
11933
13238
9647
46104
06
TOTAL EXPENDITURE (4+5) (Excluding provisions and contingencies)
206107
202688
162789
728555
07
OPERATING PROFIT (3 –6)
(Profit before provisions and contingencies)
25887
26348
32551
123047
08
Provisions (other than tax) and Contingencies
13051
8683
23129
58123
09
Exceptional items
-
-
-
-
10
Profit/(Loss) from Ordinary Activities before tax (7-8-9)
12836
17665
9422
64924
11
Tax Expenses
1700
(432)
2200
6825
12
Net Profit/(Loss) from Ordinary Activities after tax (10-11)
11136
18097
7222
58099
13
Extraordinary Items (Net of Tax Expense)
-
-
-
-
14
Net Profit/(Loss) for the period (12-13)
11136
18097
7222
58099
15
Paid up equity share capital
(Face value of each share-` 10/-)
49554
49554
47267
49554
16
Reserves excluding Revaluation Reserves (As per Balance Sheet of previous accounting year)
327915
327915
285050
327915
17
Analytical Ratios
 
 
 
 
 
(i)   Percentage of shares held by Government of India
55.02
55.02
57.69
55.02
 
(ii) Capital Adequacy Ratio (%)
 
 
 
 
 
       Basel I
11.29
10.96
12.27
10.96
 
       Basel II
13.18
13.06
13.04
13.06
 
(iii) Earnings per share (EPS) (Not annualized)
 
 
 
 
 
      (a) Basic and Diluted EPS before Extraordinary Items (Net of Tax Expenses
           for the period, for the year to date and for the previous year)
2.25
2.98
1.53
9.49
 
      (b) Basic and Diluted EPS after Extraordinary Items for the period, for the
           year to date and for the previous year
2.25
2.98
1.53
9.49
 
(iv) NPA Ratios
 
 
 
 
 
      a) Amount of Gross Non Performing Assets
169287
171846
144912
171846
 
      b) Amount of Net Non Performing Assets
97859
99801
83269
99801
 
      c) Percentage of Gross Non Performing Assets
2.85
2.93
2.83
2.93
 
      d) Percentage of Net Non Performing Assets
1.67
1.72
1.65
1.72
 
(v) Return on Assets (Annualised) (%)
0.46
0.78
0.34
0.66
18
Public share holding
 
 
 
 
 
      - Number of shares
222872258
222872258
200000000
222872258
 
      - Percentage of share holding
44.98
44.98
42.31
44.98
19
Promoters and Promoter Group Shareholding
 
 
 
 
 
a) Pledged / Encumbered
 
 
 
 
 
    Number of Shares
Nil
Nil
Nil
Nil
 
    Percentage of shares (as a percentage of total shareholding of promoter and promoter group)
Nil
Nil
Nil
Nil
 
    Percentage of shares (as a percentage of total share capital of the company)
Nil
Nil
Nil
Nil
 
b) Non-encumbered
 
 
 
 
 
    Number of Shares (in million)
272.66
272.66
272.66
272.66
    Percentage of shares (as a percentage of total shareholding of promoter and promoter group)
100.00
100.00
100.00
100.00
 
    Percentage of shares (as a percentage of total share capital of the company)
55.02
55.02
57.69
55.02

(` in lakhs)
SEGMENT-WISE RESULTS, ASSETS AND LIABILITIES FOR THE QUARTER ENDED 30.06.2012
Sl. No.
Particulars
Quarter Ended 30.06.2012 (Reviewed)
Quarter Ended 31.03.2012 (Reviewed))
Quarter Ended 30.06.2011 (Reviewed)
Year Ended 31.03.2012(Audited)
a)
Segment Revenue #
i) Treasury Operations
55428
53932
52082
206433
ii) Whole Sale Banking
116056
109816
86724
402693
iii) Retail Banking
51646
54829
46900
202645
iv) Other Banking Operations
8864
10459
9634
39831
Total
231994
229036
195340
851602
b)
Segment Result
i) Treasury Operations
(5104)
(12423)
4658
(7328)
ii) Whole Sale Banking
14515
17885
9667
48343
iii) Retail Banking
9937
13693
11132
52725
iv) Other Banking Operations
7443
8504
8071
33303
Total
26791
27659
33528
127043
c)
Unallocated Expenses
904
1311
997
3994
d)
Operating Profit
25887
26348
32551
123047
e)
Provisions & Contingencies
13051
8683
23129
58123
f)
Tax Expenses
1700
(432)
2200
6825
g)
Extraordinary Profit
-
-
-
-
h)
Net Profit
11136
18097
7222
58099
i)
Other Information
j)
Segment Assets
i) Treasury Operations
3256002
3239941
2863292
3239941
ii) Whole Sale Banking
4294001
4240464
3671802
4240464
iii) Retail Banking
1924188
1920338
1837778
1920338
iv) Other Banking Operations
19334
23531
33080
23531
v) Unallocated Assets
149168
152127
123701
152127
Total Assets
9642693
9576401
8529653
9576401
k)
Segment Liabilities
i) Treasury Operations
3238414
3254770
2829865
3254770
ii) Whole Sale Banking
4051722
3992749
3480735
3992749
iii) Retail Banking
1816400
1796751
1729991
1796751
iv) Other Banking Operations
172
116
548
116
v) Unallocated Liabilities
535985
532015
488514
532015
Total Liabilities
9642693
9576401
8529653
9576401

# The Bank operates only in domestic segment.
NOTENOTES:                                                 
1.    The above financial results have been approved by the Board of Directors of the Bank at its meeting held on 25th July 2012.
2.    The Bank has followed the same significant Accounting Policies in the preparation of the interim financial statements as those followed in the annual financial statements for the year ended 31st March 2012.
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. An unqualified review report has been issued by them thereon.
4.    Working results for the quarter ended on 30.06.2012 have been arrived at after making necessary provisions for Income Tax, provision for depreciation, 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 accordance with RBI circular DBOD.BP.BC.80/21.04.018/2010-11 dated February 9, 2011, the Bank has to amortize an amount of `. 29.77 crore towards reopening of the pension scheme and enhancement of the gratuity limit, during the quarter ending on 30.06.2012. Accordingly the Bank has charged a sum of `. 29.77 crore to the Profit & Loss account for the quarter.   Remaining unrecognized liability pending amortization is `.327.56 crore.
6.    Provision Coverage Ratio (PCR) is 64.12 % as on 30th June, 2012.
7.    The number of investor's complaints pending in the beginning of the quarter is Nil. Number of complaints received and resolved during the quarter is 528.

Place : Bangalore
Date               : 25th July, 2012
K. RAMADAS SHENOY
Executive Director
SHUBHALAKSHMI PANSE
Executive Director
H. S. UPENDRA KAMATH
 Chairman & Managing Director