Annual Report

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Conquering newer heights, year after year.
www.bankofbaroda.com
Jeeef<e&ke efjhees& Annual Report
2010 -11
efveosMeke ceb[ue / Board of Directors
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Left to Right: Shri Maulin A. Vaishnav, Dr. Dharmendra Bhandari, Shri Ajay Mathur, Shri R. Gandhi, Shri Alok Nigam, Shri R.K. Bakshi - Executive Director, Shri M.D. Mallya - Chairman & Managing Director, Shri N.S. Srinath - Executive Director, Dr. Deepak B. Phatak, Dr. (Smt) Masarrat Shahid, Shri Satya Dev Tripathi, Shri V. B. Chavan
2010 -11
ceneeyebOeke / General Managers

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N. RAMANI A. K. GUPTA R. K. BANSAL NANDAN SRIVASTAV CYRIL PATRO B. B. GARG J. RAMESH V. H. THATTE S. K. DAS A. D. M. CHAVALI USHA ANANTHASUBRAMANIAN (Smt.) G. GANAPATHI RAMAN K. M. ASAWA C. D. KALKAR SUBHASH C. AHUJA ULHAS P. SANGEKAR R. S. SETIA ARUN TIWARI S. KALYANRAMAN ANIMESH CHAUHAN HARISH CHAND MALIK DINESH SHARMA K. N. MANVI T. N. ATHINATHAN K. D. LAMBA MOHAR SINGH P. K. GUPTA K. K. SHUKLA ARUN SHRIVASTAVA R. P. MARATHE RAJESH MAHAJAN J. D. PARMAR P. D. SINGH R. S. ABHYANKAR R. KOTEESWARAN K. R. SHENOY - Chief Vigilance Officer Dr. (Smt.) RUPA NITSURE - Chief Economist
2010 -11
uesKee hejer#eke / Auditors

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For Ashwani & Associates Chartered Accountants
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For S. K. Kapoor & Co. Chartered Accountants
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For N. C. Banerjee & Co. Chartered Accountants
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For Haribhakti & Co. Chartered Accountants
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For Khimji Kunverji & Co Chartered Accountants
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For Brahmayya & Co. Chartered Accountants
HeOeeve keeee&uee ye[ewoe neTme, ceeC[Jeer, Je[esoje 390 006. ye[ewoe keeHeexjs mesvj meer-26, peer-yuee@ke, yeeve-keguee& kee@cHeueskeme, yeeve (Het.), cegbyeF& 400 051. efveJesMeke mesJeeSb efJeYeeie eLece leue, ye[ewoe keeheexjs meWj, meer-26, peer-yuee@ke, yeebe-keguee& kee@chueskeme, yeebe (het), cegbyeF& 400 051. jefpemêj SJeb DevlejCe SpeW cewmeme& keeJeea kecHetjMesej Hee. efue. Huee veb. 17-24, efJeuejeJe veiej, Fcespe DemHeleeue kes Heeme, ceeOeeHegj, nwojeyeeo 500 081.
Head Office Baroda House, Mandvi, Vadodara 390 006. Baroda Corporate Centre C-26, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051. Investor Services Department 1st Floor, Baroda Corporate Centre, C-26, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051. Registrars & Transfer Agent M/s. Karvy Computershare Pvt. Ltd. Plot No. 17-24, Vithalrao Nagar, Nr Image Hospital, Madhapur, Hyderabad 500 081.
II
2010 -11
efJe<ee meteer / Contents
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Chairman's Statement Notice Directors' Report Report on Corporate Governance Green Initiative in Corporate Governance Basel II Pillar 3 disclosures Key Financial Indicators Glossary Balance Sheet Profit & Loss Account Statement of Cash Flow Auditors' Report Consolidated Financial Statements Proxy Form / Attendance Slip / ECS
Page 02 10 14 73 108 110 125 127 128 129 172 174 176
2010 -11
ChAiRmAn'S StAtEmEnt
Delivering on the Promises

m. D. mallya
Chairman & Managing Director
Dear Stakeholder,
It gives me immense pleasure to present the Annual Report and Financial Statements of Bank of Baroda for the year ended 31st March, 2011. This year also, the Bank continued its tradition of delivering a strong core performance and carrying out strategies towards creating a customercentric bank. EConomiC REviEw The year 2010-11 brought out a definite improvement in global confidence and stability, though the economic recovery remained uneven between advanced countries and emerging markets. The Indian economy continued to outperform most emerging markets during 2010-11 retaining its position as the second fastest growing economy, after China, amongst the G-20 countries. During 2010-11, Indias economic growth reverted to the high growth trajectory (estimated at 8.5% by the Central Statistical Organisation, Government of India) on the back of a rebound in agriculture and sustained levels of activity in industry and services. Aggregate demand momentum remained healthy as reflected in indicators like strong corporate sales growth, improving capacity utilisation and higher employment generation. Sustained improvement in exports during the year, facilitated moderation of the current account deficit. However, headline inflation exhibited strong persistence in 2010-11 and throughout this year stayed above the Reserve Bank of Indias (RBI) indicated projections. The inflationary process reflected both supply shocks and gradual generalisation of price pressures. The monthly inflation for March, 2011 was as high as 9.02% (y-o-y). In response to the elevated level of inflation, the RBI continually tightened its Monetary Policy throughout the year. Liquidity conditions stayed tight for most part of the year with some easing during the last quarter. Both deposit and lending rates firmed up in response to the Monetary Policy signals. On the back of strong capex and working capital demand, the banks non-food credit expanded by 21.2% (y-o-y), while aggregate deposits grew by 15.8% (y-o-y) during 2010-11. The sectoral deployment of banks non-food credit continued to remain broad-based. The strong growth environment and the improved corporate credit profile eased the asset quality concerns especially for the banks that had maintained well diversified loan-books and modest exposures to sensitive sectors. BAnk of BARoDA: A StABlE AnD RESiliEnt BAnk Cashing in on its strong capital and liquidity position, robust liability franchise and improved credit culture, the Bank has managed to gain market share consistently during the past three years amidst maintaining high profitability and asset quality standards. The Banks Return on Average Assets at 1.33% for 2010-11 is one of the highest amongst its peer banks and supportive of its relatively superior Return on

Equity (at 21.48%). Even as it has grown its balance sheet at faster pace than the industry average, it has sustained the best asset quality standards. Over the period 2007-08 to 2010-11, the Banks delinquency ratio of 1.0% to 1.2% is one of the lowest that also reflects its low stressed asset portfolio. The Banks consistently high Provision Coverage Ratio around 85.0% (including the technical write-offs) excellently cushions its earnings against any downside economic risks in future. nEw initiAtivES During the year under review, the Bank took forward its end-to-end Business and IT Strategy Project covering in entirety its domestic, overseas and subsidiary operations. Not just all the branches and extension counters in India were brought on the Core Banking Solution (CBS) platform, the CBS was also implemented in its five Regional Rural Banks (RRBs) covering 1,218 branches and three extension counters. The Bank built the best technology infrastructure by implementing a State-of-the-Art Data Centre conforming to Uptime Institute Tier-3 Standards and also a Disaster Recovery Site in different seismic zones with the redundancy built in every single point of failure to ensure uninterrupted service delivery to customers. The Bank provided to its customers Internet Banking, viz., Baroda Connect and other facilities such as the 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. The Bank took many initiatives during the year to provide its corporate customers the facility of direct salary uploads, trade finance and State tax payments. The Bank also implemented the Fraud Management Solution for two factor authentication for e-banking transactions in India. The SMS Alerts Delivery Gateway was upgraded for delivering Internet Banking alerts in India, UAE, Botswana, Uganda, New Zealand, Kenya, Mauritius and Seychelles. By 31st March 2011, the Banks ATM network expanded to 1,561. As a customer centric initiative, the Bank implemented multiple accounts being linked to a single Debit Card (verified by VISA, CVV2) and enabled e-Tax Payments through the ATMs. Furthermore, the Bank launched mobile ATMs in Ahmedabad, Pune, Lucknow and New Delhi. Additionally, the Bank introduced Mobile Banking (Baroda M-connect) providing its customers various banking facilities through mobile connection. Besides these, the Bank took several other IT related initiatives such as Retail Depository Services, Online Trading System, Cash Management System, SWIFT facility, Payment Messaging Solution (PMS), New Credit Card Management System and Integrated Global Treasury Solution in various territories of its operations like UK, UAE, Bahamas, Bahrain, Hong Kong, Singapore, Belgium and
2010 -11
also in India, reducing the overall cost of operations and better funds management. From the Retail side, the Bank launched two new retail asset products styled as Baroda Traders Loan Against the Security of Gold Ornaments /Jewellaries and Baroda Advance Against Gold Ornaments /Jewellaries in all its Metro and Urban branches in India. Besides, in line with the Governments directive, the Bank started an Education Loan Interest Subsidy scheme for students belonging to economically weaker sections. From the liability side, a term deposit product designed as Baroda Utsav Deposit Scheme for 444 days was introduced in the month of October to mobilise deposits in a sustainable fashion. The Bank also launched two new retail liability products under Savings Bank Segment styled as Baroda Pensioners Savings Account specially meant for pensioners and a life insurance linked Savings product styled as Baroda Jeevan Suraksha Savings Account under the Tie-up arrangement with IndiaFirst Life Insurance Company. As a responsible corporate citizen, it has been the vision of the Bank to empower the community through socioeconomic development of underprivileged and weaker sections. In its continued efforts to make a difference to the society at large, the Bank took a few more concrete steps during 2010-11. The Bank formulated a three-year financial inclusion Plan as per the RBI guidelines issued in 2010. Keeping in view the mandate given by the Government of India, the State Level Bankers Committee allotted to the Bank 2,864 villages, having population of more than 2,000 that were to be covered under the banking net by March 2012. Out of these, 1,200 villages were targeted to be covered under Financial Inclusion by March 2011. The Bank comfortably surpassed this target and extended banking services to 1,228 villages in the year 2010-11. To reach out to the villages, the Bank adopted two delivery channels, i.e. ICT based Business Correspondent (BC) Model and the Mobile Banking Model. The Bank designed various strategies during the year 201011 to harness emerging opportunities for Rural and Agriculture lending. To help rural community with the provision of credit counseling, financial literacy and other services like information on the prices of agricultural products, scientific farming, etc., the Bank established 52 Baroda Grameen Paramarsh Kendras as on 31st March, 2011. Eleven more Baroda Swarojgar Vikas Sansthans (BSVSs) were opened during 2010-11. With this, the total number of BSVSs went up to 36. The BSVSs are primarily the outfits for training the youth and imparting knowledge and skills required for taking up self-employment ventures. During the year under review, 42,212 youth beneficiaries were trained, out of which 28,331 have already established
2010 -11
their self-employment ventures. So far, the Bank trained 79,442 beneficiaries through these centers, out of which 50,035 have established their self employment ventures. The Bank also opened 14 new Financial Literacy & Credit Conselling Centres (FLCCs) during 2010-11, taking the total number of FLCCs to 18 by end-March 2011. In the area of Wealth Management, the Bank has formed two joint ventures (JV) with the leading international brands in the Mutual Fund and Life Insurance segments during the last couple of years. These two organisations -- Baroda Pioneer Asset Management Co. Ltd., a joint venture in Mutual Fund in association with Pioneer Investments of Italy, and 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 market with encouraging performance even in the initial stages of their business. Additionally, the Bank extended Application Supported by Blocked Amount (ASBA) facility, the supplementary process of applying to IPO/FPO/Right issues to 2,100 more branches during the year. The Bank also introduced during the year, on-line ASBA Facility for its net banking customers. The facility provided the convenience of a simple, instant, secure and 24x7 facility to apply for IPO/FPO/NFO to the Banks customers from the comfort of their homes. The Bank also established the Baroda Gold Lounge facility in 13 strategically located branches to provide investment advisory services to the HNI customers of the Bank. BuSinESS AnD finAnCiAl AChiEvEmEntS Consistent with its past track record, the Bank delivered Superior Profitability and Best Asset Quality performance during the year 2010-11 by further gaining market share from both the assets and liabilities sides. The Banks Global Business touched the mark of Rs 5,34,116 crore in 2010-11 posting a growth of 28.3% (y-o-y). The Banks performance on the business front was much above the banking industrys average. In its Indian operations, the Banks Deposits and Advances increased healthily by 25.8% and 28.7%, respectively. Even in a rising fixed (or term) deposit interest scenario, the Banks Domestic Low-cost or CASA deposits richly grew by 21.4% (y-o-y) forming 34.4% share of the total Domestic Deposits. The Banks Priority Sector Credit too recorded a decent growth of 18.2% during 2010-11 and formed 43.57% of its Adjusted Net Bank Credit, easily surpassing the mandatory requirement of 40.00%. Sectorally speaking, the Bank posted a growth of 29.6% in its SME credit, 13.5% in Farm credit, [28.7% in Direct Agriculture credit] and 33.8% in Retail credit reflecting a well-balanced growth across different sectors. During the year under review, the Total Business of the
Banks Overseas branches registered a robust growth of 32.5% on the back of surging world trade volumes and a rebound in the activities of Indian corporates abroad. In Overseas operations, the Banks Customer Deposits increased by 23.4%, Total Deposits by 29.3% and Advances by 36.6%. Supported by steady and better than industry average spreads and a good pool of fee-based income, the Banks Gross Profit in Overseas operations posted a healthy growth of 23.9%. The Banks Overseas Business contributed 24.6% to the Banks Global Business, 17.1% to its Gross Profits and 32.1% to its Core Fee-based Income. Besides, the Total Assets of the Banks International Operations increased from Rs 68,375 crore to Rs 91,273 crore registering a growth of 33.5% during the year 2010-11. For the Bank as a whole, Gross Profits grew impressively by 43.8% to Rs 6,981.61 crore and Net Profit by 38.7% to Rs 4,241.68 crore - much ahead of the market expectations. Despite increased provisions, especially on account of the pension liabilities of the employees, a strong growth in Net Interest Income (at 48.2%), a good traction of Core Feebased income and a modest growth in Operating Expenses enabled the Bank to achieve such record levels of incomes and profits during the year 2010-11. Even as the Bank gained market share in loans, it has sustained the best asset quality standards within the Indian banking universe. In line with its past record, the Bank succeeded in restricting its Incremental Delinquency Ratio to 1.09%, Gross NPAs to 1.36% and Net NPAs to 0.35% during 2010-11. The Banks Loan Loss Coverage Ratio (including technical write-offs) too stood at the healthy level of 85.0% as on 31st March 2011. As regards the shareholders return ratios, within just a year, the Banks Return on Average Assets (ROAA) improved to 1.33% from 1.21%, Earnings per Share (EPS) to Rs 116.37 from Rs 83.96 and the Book Value per Share (BVPS) to Rs 504.43 from Rs 378.40 on the back of significantly improved core performance. Furthermore, the Banks Cost-Income ratio sharply declined from the previous years level of 43.57% to 39.87%, reflecting the Banks improved earnings profile and prudent control over operating expenses. During the year 2010-11, the Bank received Rs 2,461 crore from the Government of India in support of its healthy asset expansion. With this, the Governments shareholding in the Bank increased from 53.81% to 57.03%, improving the Banks Capital Adequacy Ratio (Basel II) to 14.52% and the Tier 1 capital ratio to 9.99%. looking foRwARD The financial year 2011-12 is going to be quite challenging for the Indian banking industry. According to the RBIs Annual Monetary Policy document, high global crude oil and other commodity prices pose big risks to Indias growth and inflation. Yet, the GDP growth is expected to stay close

to the trend in 2011-12 (around 8.0%), which itself is a huge opportunity for the Indian banking industry. Given this, managing credit growth above industry-average along with superior asset quality will be the key challenge for the Bank. However, our Banks comfortable position with respect to capital and liquidity, strong systems of credit origination and credit monitoring, continuous investment in human capital and novel BPR initiatives during the last couple of years give us enough confidence that we will be able to shoulder this challenge well. Even during 2011-12, thrust will be placed on efficient pricing of deposits and loans, higher CASA mobilisation and lower dependence on bulk business for margin improvement. Similarly, the Bank would endeavour to (1) attain a wellbalanced growth in its loanbook across different sectors like retail, SME, agriculture, wholesale etc. and across different geographies (including domestic & overseas), (2) further strengthen its systems for credit origination and monitoring and (3) maintain a high provision coverage ratio to protect the quality of its asset portfolio from any downside growth risks. A stable average growth in all business parameters coupled with minimum fresh slippages; a robust fee-based income in line with the growth of corporate credit business and a prudent control over operating expenses will be the primary objectives of the Bank during 2011-12. The Banks well-capitalised balance sheet and excellent liquidity management would enable it to gain further market share during 2011-12. The Bank has been building strong foundation for future growth by continuously working on enhancing the HR capabilities through its Business Process Reengineering (BPR) project in consultation with Mckinsey & Co. At the same time, the Bank would focus on speedy development of marketing and sales and service culture within the organization. Taking into account the critical need for building leadership qualities and skills in persons holding key positions, the Bank has already introduced a comprehensive leadership development program Project UDAAN covering the branch heads of the Banks urban and metro branches and other senior executives. The Bank would leverage on the HR capabilities built through such initiatives and continue to nurture the competencies of these valuable resources. With increasing competition in the banking industry, the Bank would initiate many business initiatives during 2011-12
2010 -11
with enhanced customer orientation. The Bank would concentrate on sharpening its competitive edge by improving its business strategies & performance and also protecting its credibility by delivering on the promises, as in the past. BAnkS CoRpoRAtE goAlS AnD StRAtEgy For the year 2011-12, the Bank has selected the motto Business Growth through Sales and Service Excellence. Making Bank of Baroda the Most Admired Bank is a continuous process. It represents the dream of the Banks founder Maharaja Sayajirao Gaekwad III and a series of legendary leaders who carved out the ethics and philosophy of the Bank that has, time and again, helped us in overcoming the most adverse business challenges reinforcing our faith in our strong systems, processes and human resources. Responding to the challenges of heightened competition and to improve its position in the market place, the Bank has been continuously focusing on business transformation with several pioneering efforts in the banking sector. During 2011-12, we will try to achieve our goals by focusing upon customer needs and preferences and fulfilling them in a cost effective manner by leveraging our strong technology platform. The Banks focus has always remained on the stable and consistent growth with quality. The fact that the Bank has been delivering on its promises year after year has won the Bank several recognitions both nationally and internationally. During 2010-11, the Bank won various awards for its best business and financial performance in the banking arena. Today, the Bank has over 39 million global customers to serve. It is well understood by us that it is essential to harness the HR capabilities built in the Bank over time and taking forward the Banks BPR initiatives. We will make active efforts to promote business growth through sales and service excellence by continuously working on our people and processes. In this journey of scaling the new heights, I solicit your continued cooperation and patronage.
m. D. mallya Chairman & Managing Director
2010 -11
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yenjneue, 2010-11 kes oewjeve cegemheerefle oj megefKe&eeW ceW yeveer jner leLee hetjs Je<e& en Yeejleere efj]peJe& yeQke kes mecYeeefJele SJeb Dehesef#ele mlej mes Thej jner. cegemheerefle keer en efmLeefle Deehetefle& ceW keceer leLee ke=ef$ece cetue oyeeJe kes keejCeeW mes GYejleer jner. ceee& 2011 kees ceeefmeke cege mheerefle 9.02% (Je<e&-oj-Je<e&) kes Ge mlej hej Leer. cege mheerefle keer Tbeer oj kes heuemJehe Yeejleere efjpeJe& yeQke ves Je<e& Yej Deheveer ceewefke veerefle kees ke[e yeveeS jKee. Je<e& kes oewjeve eue vekeoer efmLeefleeeb DeefOekeebMele: keef"ve yeveer jneR, neueebefke Deefvlece efleceener ceW FmeceW keg megOeej ngDee. ceewefke veerefle kes mebkesleeW kes cesve]pej pecee leLee $e+Ce oesveeW ojW Tbeer yeveer jneR. cepeyetle kesheskeme leLee keee&Meerue hetbpeer ceebie kes eueles Je<e& 2010-11 kes oewjeve yeQke iewj Keeeeve $e+CeeW ceW 21.2% (Je<e&-oj-Je<e&) Je=ef ngF& peyeefke mecee peceeDeeW ceW 15.8% (Je<e&-oj-Je<e&) keer Je=ef ope& keer ieF&. yeQke kes iewj Keeeeve $e+CeeW kee #es$eJeej efJelejCe Jeeheke yevee jne. meg{ Je=efMeerue JeeleeJejCe leLee keeheexjs $e+Ce efmLeefle ceW megOeej mes Deeefmle iegCeJeee efmLeefleeeb yesnlej ngF&, Keemeleewj hej Ssmes yeQkeeW kes efueS efpevneWves efJemle=le #es$eeW ceW $e+Ce eoeve efkeS nQ leLee mebJesoveMeerue #es$eeW ceW Deewmele $e+Ce efJelejCe efkeee nw. yeQke Dee@]he ye[ewoe : efmLej SJeb meMee yeQke Deheveer cepeyetle hetbpeer SJeb eueefveefOe efmLeefle, meg{ oselee DeeOeej leLee GVele $e+Ce mebmke=efle kes yeue hej yeQke ves efheues leerve Je<e& kes oewjeve Deheveer yeepeej efnmmesoejer ceW efvejvlej Je=ef keer nw. yeQke Ge ueeYeeolee leLee Deeefmle iegCeJeee ceevekeeW kees Yeer yeveeS jKeves ceW keeceeeye jne. Je<e&
2010 -11
2010-11 kes oewjeve yeQke keer Deewmele DeeefmleeeW hej eefleheue 1.33% jne peesefke ecegKe yeQkeeW ceW meyemes peeoe nw. Fmekes heuemJehe FefkeJeer hej eefleheue keer efmLeefle (21.48%) Yeer Glke= yeve mekeer. peneb Ske Deesj yeQke ves Deheveer yewueWmeMeer ceW Deeweesefieke Deewmele Je=ef keer leguevee ceW DeleefOeke Je=ef ope& keer nw JeneR Deeefmle iegCeJeee ceevekeeW kees Yeer yeveeS jKee ieee nw. Je<e& 2007-08 mes Je<e& 2010-11 keer DeJeefOe ceW yeQke kee [sefuekeJeWmeer Devegheele 1.0% mes 1.2% kes yeere jne pees efke vetvelece nw. Fmemes mhe neslee nw efke yeQke keer oyeeJeemle Deeefmleeeb kece jner nQ. yeQke kee efvejvlej Ge eeJeOeeve keJejspe Devegheele, pees efke ueieYeie 85.0% (lekeveerkeer yes Keeles meefnle) nw, YeefJe<e kes efkemeer Yeer DeeefLe&ke peesefKece mes Deee hej he[ves Jeeues eYeeJe kees Pesueves ceW meblegueve yeveees jKeves kee keee& kejsiee. veJeesvces<eer henueW meceer#ee Je<e& kes oewjeve yeQke ves Deheveer mecee JeJemeee leLee metevee eeweesefiekeer veerefle heefjeespevee kee emeej Deheveer osMeere, efJeosMeer MeeKeeDeeW leLee Deveg<ebieer heefjeeueveeW leke efkeee nw. yeQke eje ve kesJeue Yeejle efmLele Deheveer meYeer MeeKeeDeeW leLee efJemleej heueeW kees keesj yeQefkebie meesuetMeve (meeryeerSme) kes lenle ueeee ieee, yeefuke yeQke kes meYeer heebe #es$eere eeceerCe yeQkeeW keer 1218 MeeKeeDeeW leLee leerve efJemleej heueeW ceW Yeer meeryeerSme kees keeee&efvJele efkeee ieee. yeQke ves yesnlejerve skeveeueepeer Fveem^keej `ms Deehe efo Dee&' kee Fmlesceeue kejles ngS DeheeFce Fbmeret erej-3 ceeveke ege DeleeOegefveke [ee kesv mLeeefhele efkeee nw. Fmekes DeueeJee yeQke ves efJeefYeVe Yetkeche eYeeefJele DebeueeW ceW ogIe&veejesOeer meeF kee efvecee&Ce efkeee nw leeefke efkemeer Yeer mlej hej nesves Jeeueer efkemeer efJeheuelee keer efmLeefle ceW Yeer eenkeeW kees efveyee&Oe SJeb efvejvlej mesJeeSb eoeve keer pee mekeW. yeQke ves Deheves eenkeeW kees Fvjves yeQefkebie mesJeeSb DeLee&led ye[ewoe keveske leLee Deve mesJeeSb, ele#e SJeb Deele#e kejeW kee Dee@ve ueeFve Yegieleeve leLee keg jepe mejkeej kes kejeW, Gheeesefielee efyeue, jsue efke, Dee@veueeFve Meeefhebie, ceefvojeW ceW oeve Deewj mebmLeeiele heerme kee Yegieleeve pewmeer megefJeOeeSb GheueyOe kejeF& nQ. yeQke ves Je<e& kes oewjeve Deheves keeheexjs eenkeeW kees [eejske mesuejer Deheuees[, Jeeheej efJee, leLee jepe kej Yegieleeve pewmes keF& eeeme efkeS nQ. yeQke ves Yeejle ceW F&-yeQefkebie mebJeJenejeW kes meboYe& ceW oesnjs DeefOeeceeCeve kes efueS OeesKeeOe[er eyevOeve meceeOeeve Yeer keeee&efvJele efkeee nw. Yeejle, etSF&, yeeslmeJeevee, etieeb[e, vetpeerueQ[, kesvee, ceejerMeme leLee mewMeume ceW Fvjves yeQefkebie Deue& GheueyOe kejeves kes efueS SmeSceSme Deue& ef[efueJejer iesJes kees Dehees[ efkeee nw. 31 ceee& 2011 leke yeQke kes SerSce vesJeke& keer mebKee 1561 nes ieF& nw. eenkeesvcegKe GheeeeW kes he ceW yeQke ves keF& KeeleeW kees efmebieue [sefye kee[& (Jeermee, meerJeerJeer 2 eje meleeefhele) mes pees[ efoee nw, meeLe ner F&-skeme Yegieleeve kees SerSce kes peefjS eeefOeke=le kej efoee nw. Fmekes Deefleefje yeQke ves Denceoeyeeo, hegCes, ueKeveT leLee veF& efouueer ceW ceesyeeFue SerSce keer MegDeele keer nw. Fmekes Deefleefje yeQke ves ceesyeeFue yeQefkebie (ye[ewoe Sce-keveske) keer MegDeele keer nw pees Deheves eenkeeW kees ceesyeeFue keveskeMeve kes ceeOece mes efJeefYeVe ekeej keer megefJeOeeSb os jner nw.
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Fmekes DeueeJee yeQke ves Yeejle meefnle Deve osMeeW pewmes etkes, etSF&, yeneceeme, yenjerve, neBiekeeBie, efmebieehegj, yesefupeece ceW heefjeeueve ueeiele kece kejves leLee yesnlej efveefOe eyebOeve kes efueS DeeF&er mebyebOeer yengle mes Deve Gheee efkeS nQw pewmes efjsue ef[heespeerjer mesJeeSb, Dee@ve ueeFve ^sef[bie efmemce, kewMe cewvespecesv efmemce, efmJehe megefJeOee, hescesv cewmesefpebie meesuetMeve (heerSceSme), veF& esef[ kee[& eyebOeve heefle, Skeerke=le iueesyeue ^spejer meesuetMeve. efjsue ceW yeQke ves Yeejle ceW meYeer cesês leLee Menjer MeeKeeDeeW ceW oes veS efjsue Deefece Glheeo, mJeCee&Yet<eCeeW/pJewuejer keer eefleYetefle kes hess ye[ewoe ^s[me& $e+Ce leLee ``mJeCee&Yet<eCeeW/pJewuejer kes hess ye[ewoe Deefece`' Meg efkeS nQ. Fmekes DeueeJee, Yeejle mejkeej kes efveoxMeevegmeej yeQke ves DeeefLe&ke he mes kecepeesj JeieeX kes efJeeeefLe&eeW kes efueS ``SpetkesMeveue ueesve Fv^sm meefyme[er mkeerce'' Meg keer nw. oselee ceW yeQke ves Deetyej cenerves ceW 444 efove keer ``ye[ewoe ef[heesefpe mkeerce'' veeceke ceereeoer pecee Glheeo keer MegDeele keer leeefke efvejvlej peceejeefMeeeb mebie=nerle keer pee mekeW. yeQke ves yeele yeQke mesiecesv kes lenle oes veS efjsue oselee GlheeoeW keer MegDeele keer. FmeceW mes Ske Glheeo ye[ewoe heWMeveme& yeele Keelee heWMevejeW kes efueS Lee leLee otmeje ``ye[ewoe peerJeve megj#ee yeele Keelee'' peerJeve yeercee mes mebyebefOele Lee efpemekee Fbef[eehem& ueeFhe FbMeesjWvme kebheveer kes lenle eFDehe Lee. Ske efpeccesoej kee@heexjs veeieefjke nesves kes veeles yeQke kee en efJepeve jne nw efke Jen Meesef<ele leLee kecepeesj JeieeX kes meeceeefpeke-DeeefLe&ke efJekeeme kes peefjS meceepe kees cepeyetle yeveeS. Deheves eeemeeW kees peejer jKeles ngS yeQke ves Je<e& 2010-11 kes oewjeve keg Deewj "esme keoce G"eS. yeQke ves 2010 ceW Yeejleere efjpeJe& yeQke eje peejer efoMeeefveoxMeevegmeej leerve Je<eeae efJeeere meceeJesMeve eespevee leweej keer nw. Yeejle mejkeej eje efoS iees efveoxMeeW kees Oeeve ceW jKekej jepemlejere yeQkeme& meefceefleeeW ves yeQke kees 2000 mes DeefOeke pevemebKee Jeeues 2864 ieeBJe Deeyebefle efkees efpevnW ceee& 2012 leke efJeeere meceeJesMeve keee&ece kes lenle Meeefceue kejvee nw. FveceW mes 1200 ieeBJeeW kees ceee&, 2011 leke efJeeere meceeJesMeve keee&ece kes lenle Meeefceue kejves kee ue#e Lee. yeQke ves Fme ue#e kees Deemeeveer mes heej kej efueee Deewj Je<e& 2010-11 ceW 1228 ieeBJeeW ceW yeQefkebie mesJeeSb Meg kej oer. yeQefkebie megefJeOee mes jefnle ieeBJeeW ceW yeQefkebie megefJeOeeSB osves kes efueS oes ef[ueerJejer ewveue Deheveees iees JeJemeee eefleefveefOe (yeermeer) cee@[ue DeeOeeefjle DeeF&meerer Deewj ceesyeeFue yeQefkebie cee@[ue. yeQke ves eeceerCe SJeb ke=ef<e yeQefkebie GOeej kes #es$e ceW GYejles DeJemejeW kee ueeYe G"eves kes efueS Je<e& 2010-11 kes oewjeve keF& keee&-veerefleeeb yeveeF. $e+Ce kes mebyebOe ceW meueen, efJeeere efMe#ee leLee Deve mesJeeSb pewmes ke=ef<e GlheeoeW keer keerceleeW kes yeejs ceW peevekeejer, Jew%eeefveke {bie mes Kesleer Fleeefo kes yeejs ceW peevekeejer kes ceeOece mes eeceerCe mecegoee keer meneelee kejves kes efueS yeQke ves 31 ceee&, 2011 leke 52 ye[ewoe eeceerCe efJekeeme kesv mLeeefhele efkees. Je<e& 2010-11 kes oewjeve 11 Deewj ye[ewoe mJejespeieej efJekeeme mebmLeeve Keesues iees. Fmekes meeLe ner ye[ewoe mJejespeieej efJekeeme mebmLeeveeW keer kegue mebKee -36- nes ieF&. yeerSmeJeerSme cetuele: Ssmes mebmLeeve nQ efpevekee eeespeve mJejespeieej Gece Meg kejves kes efueS egJeeDeeW kees
2010 -11
eefMeef#ele kejvee Deewj Dehesef#ele keewMeue kes mebyebOe ceW %eeve eoeve kejvee nw. meceer#eeOeerve Je<e& kes oewjeve 42,212 egJee ueeYeeefLe&eeW kees eefMeef#ele efkeee ieee. FveceW mes 28,331 egJeeDeeW ves mJe-jespeieej Gece mLeeefhele kej efueS nQ. DeYeer leke yeQke ves Fve kesveW kes ceeOece mes 79,442 ueeYeeefLe&eeW kees eefMeef#ele efkeee nw, efpeveceW mes 50,035 ueeYeeefLe&eeW ves Deheves mJe-jespeieej Gece mLeeefhele kej efuees nQ. yeQke ves Je<e& 2010-11 kes oewjeve 14 vees efJeeere mee#ejlee SJeb $e+Ce hejeceMe& kesv (SheSuemeermeer) Yeer Keesues nQ, efpevnW efceueekej ceee& 2011 kes Deble leke SheSuemeermeer keer kegue mebKee ye{kej 18 nes ieF& nw. Oevemebheoe eyebOeve kes #es$e ceW yeQke ves efheues keg Je<eeX kes oewjeve cetegDeue heb[ leLee ueeFhe FbMeesjWme mesieceWeW ceW DeeCeer Debleje&êre yeeC[eW kes meeLe oes mebege Gece (pesJeer) ieef"le efkees nQ. Fve oesveeW mebie"veeW-Fueer kes heeeesefveej FvJesmceW kes meeLe cetegDeue heb[ ceW mebege Gece ye[ewoe heeeesefveej Smes cewvespeceW kebheveer efueefces[ Deewj DeebOee yeQke SJeb etkes keer SueSb[peer kes meeLe peerJeve yeercee ceW mebege Gece Fbef[eehem& ueeFhe FbMeesjWme kebheveer ves Deheves keejesyeej keer MegDeele ceW ner Glke= keee&efve<heeove kes meeLe Yeejleere yeepeej ceW mJeeb kees meheueleehetJe&ke mLeeefhele kej efueee nw. Fmekes Deefleefje yeQke ves DeeF&heerDees/SheheerDees/jeF FMet ceW DeeJesove kejves keer Deveghetjke eefeee SSmeyeerS megefJeOee Je<e& kes oewjeve 2100 Deewj MeeKeeDeeW ceW Meg kej oer. yeQke ves Deheves ves yeQefkebie eenkeeW kes efueS Je<e& kes oewjeve SSmeyeerS megefJeOee Dee@veueeFve Yeer Meg kej oer. en yeQke kes eenkeeW kees Deheves Iej mes ner DeeF&heerDees/SheheerDees/SveSheDees ceW DeeJesove kejves kes efueS mejue, lJeefjle, megjef#ele leLee mehleen ceW meeleeW efove megefJeOee cegnwee kejeleer nw. yeQke ves Ge ceeefueele Jeeues (SeSveDeeF&) eenkeeW kees efveJesMe mebyebOeer meueenkeej mesJeeSb eoeve kejves kes efueS cenlJehetCe& mLeeveeW hej 13 MeeKeeDeeW ceW ``ye[ewoe ieesu[ ueeBpe'' megefJeOee Yeer eoeve keer nw. JeJemeee SJeb efJeeere GheueefyOeeeb: yeQke ves efheues efjkee[& kes Deveghe ner Je<e& 2010-11 kes oewjeve meJeexece ueeYeeolee leLee yesnlej Deeefmle iegCeJeee keee&efve<heeove eoefMe&le efkeee leLee Deeefmle SJeb oselee oesveeW ceW Deheveer efnmmesoejer kees ye{eee. yeQke kee JewefMJeke JeJemeee Je<e& 2010-11 kes oewjeve 28.3% (Je<e&-ojJe<e&) keer Je=ef ope& kejles ngS 5, 34,116 kejes[ heS kes mlej hej hengBe ieee. JeJemeee kes mebyebOe ceW yeQke kee keee&efve<heeove Deewmele yeQefkebie Geesie mes DeefOeke jne nw. Yeejleere heefjeeueve ceW yeQke keer pecee jeefMeeeW leLee DeefeceeW ceW eceMe: 25.8% Je 28.7% keer GuuesKeveere Je=ef ngF. meeJeefOe (ee ceereeoer) peceejeefMeeeW ceW yeepe oj ye{ves hej Yeer, yeQke keer Iejsuet kece ueeiele Jeeueer keemee peceejeefMeeeW ceW 21.4% (Je<e&-oj-Je<e&) keer DeYetlehetJe& Je=ef ngF& efpemekes heuemJehe kegue Iejsuet peceejeefMeeeW kee DebMe ye{kej 34.4% nes ieee. Je<e& 2010-11 kes oewjeve yeQke kes eeLeefcekelee eehle #es$e $e+CeeW ceW 18.2% keer DeYetlehetJe& Je=ef ope& keer ieF& Deewj es 40% kes DeefveJeee& mlej kees Deemeeveer mes heej kejles ngS meceeeesefpele Meg yeQke $e+Ce kes 43.57% kes mlej hej hengbe ieS. #es$eJeej $e+Ce Je=ef kes meboYe& ceW yeQke kes SmeSceF& #es$e ceW 29.6% ke=ef<e $e+Ce ceW 13.5% (ele#e ke=ef<e $e+CeeW ceW 28.7%) leLee efjsue esef[ ceW
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33.8% keer Je=ef ope& keer ieF&. Fme ekeej yeQke kes efJeefJeOe ekeej kes meYeer $e+CeeW ceW meblegefuele Je=ef ope& keer ieF&. meceer#eeOeerve Je<e& kes oewjeve yeQke keer efJeosMeer MeeKeeDeeW ves GlmeenJeOe&ke efJeMJe Jeeheej Deewj efJeosMeeW ceW yemes Yeejleere keeheexjs keer he=<"Yetefce ceW kegue JeJemeee ceW 32.5% keer DeYetleheJe& Je=ef ope& keer. efJeosMeer heefjeeueve ceW yeQke keer eenke peceeDeeW ceW 23.4% keer Je=ef ngF&. kegue peceejeefMeeeW ceW 29.3% leLee DeefeceeW ceW 36.6% keer Je=ef ope& keer ieF&. mLeeeer meceLe&ve SJeb Geesie ceW Deewmele ee efJeee ueeiele Deblej leLee Meguke DeeOeeefjle Deee ceW GuuesKeveere Je=ef kes keejCe efJeosMeer heefjeeueveeW mes yeQke kes mekeue ueeYe ceW 23.9% keer GuuesKeveere Je=ef ope& ngF&. yeQke kes efJeosMeer JeJemeee ves yeQke kes Jewefeke JeJemeee ceW 24.6% kee DebMeoeve efoee. Fmekeer mekeue ueeYe ceW efnmmesoejer 17.1% leLee keesj Meguke DeeOeeefjle Deee ceW efnmmesoejer 32.1% jner. Fmekes DeueeJee Je<e& 2010-11 kes oewjeve yeQke kes efJeosMeer heefjeeueve mes yeQke keer kegue Deeefmleeeb . 68.375 kejes[ mes ye{kej . 91,273/- kejes[ nes ieF& Deewj FveceW 33.5% keer Je=ef ope& ngF&. yeQke kee mekeue ueeYe 43.8% keer GuuesKeveere Je=ef kes meeLe ye{kej . 6981.61 kejes[ leLee Meg ueeYe 38.7% ye{kej . 4241.68/- kejes[ nes ieee. en yeepeej keer Dehes#eeDeeW mes yengle DeefOeke nw. eeJeOeeveeW, Keemekej kece&eeefjeeW keer heWMeve oselee kes keejCe, kes ye{ves kes yeeJepeto Je<e& 2010-11 kes oewjeve Meg yeepe Deee (48.2%) ceW Jeeheke Je=ef, keesj Meguke DeeOeeefjle Deee ceW Dee eoMe&ve leLee heefjeeueveiele KeeeX ceW ceecetueer Je=ef kes keejCe yeQke ves Deee leLee ueeYe kes Fme efjkee[& mlej kees eehle kejves ceW meheuelee eehle keer. yeQke ves $e+CeeW ceW Deheveer yeepeej efnmmesoejer ye{eves kes meeLe-meeLe Yeejleere yeQefkebie ef#eeflepe hej meJeexece Deeefmle iegCeJeee ceevekeeW kees Yeer yeveeS jKee. Deheves hegjeves efjkee[& kes Deveghe yeQke Je<e& 2010-11 kes oewjeve Je=efMeerue [sueerkeJesvmeer Devegheele kees 1.09%, mekeue SveheerS kees 1.36%, Meg SveheerS kees 0.35% hej jeskeves ceW meheue jne. 31 ceee& 2011 kees yeQke kee $e+Ce neefve keJejspe Devegheele (lekeveerkeer yes Keeles meefnle) 85.0% kes GuuesKeveere mlej hej jne. MesejOeejkeeW kes eefleueeYe Devegheele kes mebyebOe ceW yeQke kee DeefmleeeW hej eefleueeYe (DeejDeesSS) Ske Je<e& kes Yeerlej 1.21% mes megOej kej 1.33% nes ieee. eefle Mesej Deee . 83.96 mes megOej kej . 116.37 leLee eefle Mesej yener cetue (yeerJeerheerSme) . 378.40 mes . 504.43 nes ieee nw. Fmemes keesj keee&efve<heeove ceW cenlJehetCe& megOeej ngDee nw. Fmekes DeueeJee, yewke kes ueeiele Deee Devegheele ceW lespeer mes keceer DeeF& nw Deewj en efheues meeue kes 43.57% kes mlej mes efiej kej 39.87% nes ieee nw. en yeQke keer Deee eesheeFue ceW megOeej leLee heefjeeueve iele KeeeX hej eYeeJeer efveeb$eCe kees oMee&lee nw. Je<e& 2010-11 kes oewjeve yeQke kees Deheves mJemLe Deeefmle efJemleej kes efueS Yeejle mejkeej mes 2461 kejes[ hees eehle ngS. Fmekes meeLe ner yeQke ceW mejkeejer Mesej Oeeefjlee 53.81% mes ye{kej 57.03% nes ieeer. efpemekes heefjCeece mJehe yeQke kee hetbpeer heee&hlelee Devegheele (yeemesue-~~) megOejkej 14.52% nes ieee leLee erej 1 hetbpeer Devegheele 9.99% nes ieee.
2010 -11
YeeJeer meese efJeeere Je<e& 2011-12 Yeejleere yeQefkebie Geesie kes efueS yesno egveewleerhetCe& jnves Jeeuee nw. Yeejleere efjpeJe& yeQke keer Jeeef<e&ke cege veerefle omleeJespeeW kes Devegmeej Jewefeke mlej hej kees lesue leLee Deve mebJesoveMeerue JemlegDeeW keer TBeer keeRceleW Yeejle keer Je=ef leLee cegemheerefle kes efueS ye[e peesefKece nQ. efhej Yeer, Je<e& 2011-12 kes oewjeve mekeue Iejsuet Glheeo (peer[erheer) Je=ef (ueieYeie 8%) Dehesef#ele mlej hej jnves keer mebYeeJevee nw, efpemeceW yeQefkebie Geesie kes efueS Deheej mebYeeJeveeSb nQ. Fmemes meJeexece Deeefmle iegCeJeee kes meeLe Geesie Deewmele hej $e+Ce Je=ef kee eyebOeve kejvee yeQkeeW kes efueS keeHeer egveewleer hetCe& nesiee. leLeeefhe, nceejs yeQke keer hetBpeer leLee eue efveefOe mebyebOeer efmLeefle keeHeer megefJeOeepeveke nw. $e+Ce eJele&ve leLee $e+Ce cee@veerefjbie keer megee heefle, ceeveJe hetbpeer ceW ueieeleej efveJesMe leLee efheues keg Je<eeX kes oewjeve veJeesvces<eer yeerheerDeej GheeeeW ves nce ceW keeheer DeelceefJeeeme hewoe efkeee nw efpememes nce Fme egveewleer kee cegkeeyeuee Deer lejn kej mekeWies. Je<e& 2011-12 kes oewjeve Yeer peceejeefMeeeW leLee $e+CeeW kee Gefele cetue efveOee&jCe, ceeefpe&ve megOeej nsleg Gelej keemee mebenCe leLee yeuke peceejeefMeeeW hej kece Deeefele nesves hej peesj efoee peeSiee. Fmeer ekeej yeQke kee eeeme 1) Deheveer $e+Ce yeefneeW ceW efJeefYeVe #es$eeW pewmes efjsue, SmeSceF&, ke=ef<e, nesuemesue Deeefo leLee efJeefYeVe Yeewieesefueke #es$eeW (osMeer leLee efJeosMeer meefnle) kes Devoj hetCe& meblegefuele Je=ef eehle kejvee, 2) $e+Ce eJele&ve leLee cee@efveefjbie nsleg Deheveer heefleeeW kees Deewj meg{ kejvee 3) kece peesefKece Je=ef mes Deheves Deeefmle hees&heesefueeeW keer iegCeJeee kees megjef#ele jKeves kes efueS Ge keJejspe Devegheele yeveeS jKevee nesiee. meYeer JeJemeee ceeheob[eW ceW vetvelece veS efmuehespe meefnle Deewmele Je=ef, keeheexjs $e+Ce JeJemeee kes Deveghe GlmeenJeOe&ke Meguke DeeOeeefjle Deee leLee Je<e& 2011-12 kes oewjeve heefjeeueve KeeeX hej efveev$eCe yeQke kes ecegKe GsMe neWies. Je<e& 2011-12 kes oewjeve yeQke kes JeJeefmLele heBtpeerke=le leguevehe$e leLee meJeexece eueefveefOe eyevOeve mes yeepeej efnmmesoejer ye{eves ceW ceoo efceuesieer. yeQke YeeJeer Je=ef nsleg ceskesvpeer SC[ kebheveer kes meeLe efJeeej efJeceMe& kej efyepevesme eesmesme efjFbpeerefveeefjbie (yeerheerDeej) heefjeespeveeDeeW kes ceeOece mes ceeveJe mebmeeOeve (SeDeej) eefleYeeDeeW kes efueS DeeOeejefMeuee leweej kej jne nw. Fmekes meeLe ner yeQke mebie"ve kes Yeerlej ceekexefbie keer ``mesume SC[ meefJe&me'' mebmke=efle kees MeerIelee mes efJekeefmele kejves hej Oeeve kesefvle kejsiee. Ge heoeW hej yew"s JeefeeeW ceW vesle=lJe iegCe Je eesielee efJekeefmele kejves keer cenlJehetCe& DeeJeMekelee kees Oeeve ceW jKeles ngS yeQke ves henues ner Ske Jeeheke vesle=lJe efJekeeme keee&ece eespeske ``G[eve'' keer MegDeele keer nw. efpemeceW yeQke keer Menjer Je cesês MeeKeeDeeW kes MeeKee ecegKeeW leLee Jeefj keee&heeuekeeW kees Meeefceue efkeee ieee nw. yeQke Ssmes eeemeeW kes peefjS SeDeej eefleYeeDeeW kees efveefce&le kejves hej peesj oslee jnsiee leLee Fve cenlJehetCe& mebmeeOeveeW keer #eceleeDeeW kee ueieeleej hees<eCe kejlee jnsiee.
yeQefkebie Geesie ceW ye{ jner eeflemheOee& mes yeQke Je<e& 2011-12 kes oewjeve eenkeesvcegKelee ye{eves kes efueS yengle mes JeJemeeefeke Gheee kejsiee. yeQke JeJemeee eefeee leLee keee&efve<heeove ceW megOeej kej Deheveer eeflemheOeer& ye{le kees Deewj lespe kejsiee leLee Deheves JeeeoeW leLee ceeie&oMe&ve eje Deheveer efJeemeveerelee keeece kejsiee. yeQke kes keeheexjs ue#e SJeb keee&veerefle Je<e& 2011-12 kes efueS yeQke ves Dehevee DeeoMe& Jeekee `èfyeeer Deewj mesJee Glke=lee kes ceeOece mes JeJemeee Je=ef' efveOee&efjle efkeee nw. yeQke kees meJee&efOeke hemeboeroe yeQke yeveevee Ske efvejvlej eefeee nw. en yeQke kes mebmLeeheke cenejepe mej meeepeerjeJe ieeekeJee[-III leLee yeQke keer veerefle leLee oMe&ve keer veeRJe jKeves Jeeues ceneveeekeeW kes meheveeW kees meekeej kejvee nw. FvneWves mecee mecee hej eefleketue heefjefmLeefleeeW ceW JeeJemeeefeke egveewefleeeW kee meecevee kejves ceW nceejer meneelee keer leLee cepeyetle eCeeefueeeW, eefeeeDeeW Je ceeveJe mebmeeOeveeW ceW nceejs efJeeeme kees yeveeS jKee. yeQke leere eeflemheOee& keer egveewefleeeW kes cesve]pej leLee yeepeej ceW Deheveer efmLeefle megOeejves kes efueS, yeQefkebie #es$eeW ceW yengle mes ecegKe GheeeeW kes meeLe JeJemeee heeblejCe keee&ece hej Dehevee Oeeve kesefvle kej jne nw. 2011-12 kes oewjeve, nce eenkeeW keer DeeJeMekeleeDeeW leLee JejereleeDeeW hej Oeeve kesefvle kej Deheves ue#e neefmeue kejWies leLee Deheves cepeyetle eeweesefiekeer huesheece& kes meJeexece Gheeesie Deewj ueeiele efveev$eCe kes peefjS GvnW hetje kejWies. yeQke ves ncesMee ner iegCeJeeehejke mLeeeer SJeb melele Je=ef hej Dehevee Oeeve kesefvle efkeee nw. Jemlegle: yeQke Je<e&-oj-Je<e& Deheves Jeeeos efveYeelee Dee jne nw. Fmeer keejCe yeQke kees jeêre SJeb Devleje&êre oesveeW mlej hej mejenvee eehle ngF& nQ. Je<e& 2010-11 kes oewjeve yeQke ves yeQefkebie #es$e ceW yesnlej JeJemeee leLee keee&efve<heeove kes efueS Deveske hegjmkeej eehle efkeS. Deepe yeQke kes heeme eenke mesJee osves kes efueS 39 efceefueeve eenke nQ. nceves en YeueerYeebefle mecePe efueee nw efke yeQke ceW efveefce&le SeDeej #eceleeDeeW kees Deeies Deewj lespe efkeee peeSiee leLee yeQke kes yeerheerDeej eeemeeW (efyepevesme eesmesme efjFbpeerefveeefjbie) kees Deewj Deeies ues peeee peeSiee. nce Deheves mehe keer #eceleeDeeW kees ye{eves leLee eefeeeDeeW hej keee& kejles ngS Glke= efyeeer SJeb mesJee kes ceeOece mes JeJemeee ye{eves kes efueS efvejvlej meefee eeeme kejWies. Fme ee$ee ceW yeQke kees veF& TBeeFeeW hej ues peeves kes efueS ceQ Deehekes meefee meneesie Deewj meceLe&ve keer Dehes#ee jKelee ntB.
Sce. [er. ceuee DeOe#e SJeb eyebOe efveosMeke
2010 -11
veesefme /
NOTICE
Head Office : Mandvi, Vadodara 390 006
yeQke Dee]@He ye[ewoe BANK OF BARODA HeOeeve keeee&uee : ceeb[Jeer, Je[esoje- 390 006
Corporate Office: Baroda Corporate Centre,C-26, G Block, Bandra Kurla Complex, Bandra (East), MUMBAI 400 051 (Website: www.bankofbaroda.com)
keeheexjs keeee&uee : ye[ewoe keeheexjs meWj, meer-26, peer yuee@ke, yeebe keguee& keecheueskeme, yeebe (hetJe&), cegcyeF& - 400 051.
Sleodeje metefele efkeee peelee nw efke yeQke Dee@He ye[ewoe kes MesejOeejkeeW keer 15JeeR Jeeef<e&ke meeceeve yew"ke mej meeepeerjeJe veiejie=n, Je[esoje ceneveiej mesJee meove, yeQke Dee@]he ye[ewoe Meleeyoer Je<e& (2007-2008), erheer 1, Sheheer 549/1, peerF&yeer kee@ueesveer kes heeme, Deesu[ heeoje jes[, Dekeese-Je[esoje - 390 020 ceW meesceJeej 4 pegueeF&, 2011 kees Heele: 10:30 yepes Deeeesefpele nesieer. FmeceW efvecveefueefKele keejesyeej mebeeefuele neWies. 1. yeQke kee 31 ceee& 2011 kes legueve-He$e, 31 ceee& 2011 kees meceeHle Je<e& kes ueeYe-neefve uesKee, uesKeeW ceW meceeefnle DeJeefOe kes keee&efve<Heeove leLee keee&keueeHeeW Hej efveosMeke ceb[ue keer efjHees& Deewj legueve-He$e SJeb uesKeeW Hej uesKee Hejer#ekeeW keer efjHees& Hej efJeeej-efJeceMe&, Devegceesove Je FvnW mJeerkeej kejvee. Je<e& 2010-11 kes efueS ueeYeebMe keer Iees<eCee.
NOTICE is hereby given that the 15th ANNUAL GENERAL MEETING of the shareholders of BANK OF BARODA will be held on Monday, 04th July 2011 at 10.30 a.m. at Sir Sayajirao Nagargriha, Vadodara Mahanagar Seva Sadan, Bank of Baroda Centenary Year (2007-2008) T.P.-1,F.P. 549/1, Near GEB Colony, Old Padra Road, Akota, Vadodara 390 020 to transact the following business: 1. To discuss, approve and adopt the Balance Sheet of the Bank as at 31st March 2011, Profit and Loss Account for the year ended 31st March, 2011, the report of the Board of Directors on the working and activities of the Bank for the period covered by the accounts and the Auditors Report on the Balance Sheet and Accounts. To declare dividend for the year 2010-11.
2.
2.
mLeeve : cegbyeF& leejerKe : 27/5/11
(Sce. [er. ceuee) DeOe#e SJeb HeyebOe efveosMeke
Place : Mumbai Date : 27/5/11
M. D. Mallya Chairman and Managing Director
10
2010 -11
efHHeefCeeeb / NOTES
1. Hee@kemeer keer efveegefkele : yew"ke ceW Yeeie uesves Deewj cele osves kes efueS hee$e Mesej Oeejke yew"ke ceW Yeeie uesves Deewj cele osves kes efueS Deheves mLeeve hej ee@kemeer efveege kej mekesiee/mekesieer (yeQke kes efkemeer DeefOekeejer DeLeJee kece&eejer kes DeueeJee efkemeer Deve kees) Deewj en DeeJeMeke veneR nesiee efke efveege ee@kemeer yeQke kee Mesej Oeejke nes. ee@kemeer kee keesF& Yeer efJeuesKe leYeer JewOe ceevee peeSiee, peye Jen Jeeef<e&ke efjhees& kes meeLe Yespes ieS Heece& yeer ceW Yeje ieee nes. Ge ee@kemeer leYeer eYeeJeer ceeveer peeSieer eefo en yew"ke keer leejerKe mes kece mes kece 4 efove hetJe& DeLee&le 29 petve 2011 kees meebe 5 yepes leke ee Gmemes hetJe& yeQke Dee@H] e ye[ewoe, kesJeeemeer SC[ SSceSue efJeYeeie, 8Jeeb leue, metjpe huee]pee-~ meeepeeriebpe, ye[ewoe-390 005 efmLele eOeeve keeee&uee ceW eehle nes peeSieer Deewj Fmekes meeLe cegKleejveecee DeLeJee Deve eeefOekeej he$e eefo nes, efpemekes DeOeerve Fmes nmlee#eefjle efkeee ieee nw ee cegKleejveecee DeLeJee eeefOekeej he$e keer eefle pees efke veesjer heefyueke DeLeJee ceefpem^ eje meleeefle s kes he ceW meleeefhele nes kees Yeer meeLe ceW Yespee peeSiee. Ge cegKleejveece DeLeJee Deve eeefOekeej he$e hetJe& ceW yeQke ceW pecee Deewj hebpeerke=le nesvee Yeer DeefveJeee& nw. 2. HeefleefveefOe keer efveegefkele : keesF& Yeer Jeefkele efkemeer kebHeveer kes efJeefOeJele HeefleefveefOe kes He ceW yew"ke ceW Yeeie uesves DeLeJee Jees osves kes efueS leye leke Hee$e veneR nesiee peye leke efke Gmes Ske eLeeefJeefOe HeeefOeke=le HeefleefveefOe kes He ceW efveegkele kejves mebyebOeer mebkeuHe keer Ske Heefle, efpemes Gme yew"ke, efpemeceW en Heeefjle efkeee ieee Lee, kes DeOe#e eje Ske mele HeefleefueefHe kes He ceW DeefYeHeceeefCele efkeee ieee nes, yew"ke keer leejerKe mes 4 efove HetJe& DeLee&led 29 petve, 2011 kees meeeb 5.00 yepes ee Fmemes Henues Gkele Devegmeej yeQke kes HeOeeve keeee&uee ceW Ghejese heles hej pecee ve kej efoee ieee nes. 3. GHeefmLeefle - Heeea men HeJesMe He$e : MesejOeejkeeW keer megeJeOee nsleg Fme efjHees& kes meeLe GHeefmLeefle Heeea men HeJesMe He$e f mebueive nw. MesejOeejkeeW mes DevegjesOe nw efke GHeefmLeefle Heeea Yejkej Deewj GmeceW oMee&S ieS mLeeve Hej DeHeves nmlee#ej kejkes, Fmes yew"ke mLeue Hej meeQHe oW. MesejOeejke kes Heekemeer / HeeleefveefOe kees GHeefmLeefle Heeea Hej eLeeefmLeefle "Heekemeer" @ f @ ee "HeeleefveefOe" pewmeer Yeer efmLeefle nes, Debekele kejvee eeefnS. f f 4. MesejOeejke - jefpemj kee yebo nesvee : yeQke kes MesejOeejkeeW kee jefpemj leLee Mesej DeblejCe jefpemj MeefveJeej 25 petve, 2011 mes meesceJeej 4 pegueeF&, 2011 leke (oesveeW efoveeW meefnle) Jeeef<e&ke meeceeve yew"ke leLee Je<e& 2010-11 kes ueeYeebMe Yegieleeve kejves kes GsMe mes yebo jnsiee. 5. ueeYeebMe kee Yegieleeve : yeQke kes efveosMeke ceb[ue ves 28 DeHewue, 2011 kees Deeeesefpele DeHeveer yew"ke ceW 31 ceee&, 2011 kees meceeHle efJeeere Je<e& kes efueS hetCe& eoe eleske .10/kes eefle FefkeJeer Meesj kes efueS .16.50 (hees meesuen SJeb hewmes heeeme cee$e) keer oj mes ueeYeebMe mebmlegle efkeee nw. efveosMeke ceb[ue eje mebmlegle leLee 15JeeR Jeeef<e&ke meeceeve yew"ke ceW Devegceesefole ueeYeebMe kee Yegieleeve efvecveevegmeej efkeee peeSiee. ke) 24 petve, 2011 kees keejesyeej mecee keer meceeefhle hej vesMeveue
4. 3. 2. 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 B 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 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 5.00 p.m. on 29th June 2011, 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. 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 5.00 p.m. on 29th June 2011. Attendance Slip-Cum Entry Pass: For convenience of the Shareholders, Attendance Slipcum-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. Closure of Register of Shareholders: The Register of Shareholders and Share Transfer Books of the Bank will remain closed from 25th June 2011 to 4th July 2011 (both days inclusive) for the purpose of Annual General Meeting and payment of dividend for the year 2010-11. 5. Payment of Dividend : The Board of Directors of the Bank in its meeting held on 28th April 2011 has recommended dividend @ ` 16.50 (Rupees Sixteen & Paise Fifty only) per equity share of `10/- each fully paid up, for the financial year ended 31st March 2011. Dividend as recommended by the Board of Directors and approved at the 15th Annual General Meeting will be paid as under: a) To all beneficial owners in respect of shares held
11
2010 -11
Ke)
efmekeetefjerpe ef[hee@efpejer efueefces[ (SveSme[erSue) Deewj mesvûe ef[hee@efpejer meefJe&mesme (Fbef[ee) efue. (meer[erSmeSue) eje GheueyOe kejeS ieS Deebke[s kes Devegmeej Fueskeê@efveke he ceW Oeeefjle MesejeW kes mebyebOe ceW meYeer ueeYeeLeea MesejOeejkeeW kees. 24 petve, 2011 kees keejesyeej mecee keer meceeefhle kees ee Fmemes hetJe& yeQke/yeQke kes jefpemêj Deewj Mesej DevlejCe Spesv DeLee&led cewmeme& keeJeea kebhetjMesej ee.efue. nwojeyeeo (DeejerS) kes heeme ope& Mesej nmleevlejCe DevegjesOe kes mebyebOe ceW JewOe nmleevlejCe eYeeJeer kejves kes heMeeled Yeewefleke he ceW Oeeefjle MesejeW kes mebyebOe ceW meYeer meomeeW kees. 15JeeR Jeeef<e&ke meeceeve yew"ke keer leejerKe mes 30 efove kes Devoj hee$e Mesej OeejkeeW kees ueeYeebMe efJeleefjle efkeee peeSiee.
6.
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 24th June 2011. 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 / Banks Registrar and Share Transfer Agent i.e. M/s Karvy Computershare Private Limited, Hyderabad (RTA) on or before the close of business hours on 24th June 2011. The dividends will be distributed to the eligible shareholders within 30 days from the date of the 15th Annual General Meeting. 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. Members holding shares in physical form are requested to advise any change of address immediately to the Banks 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 Banks Registrar and Share Transfer Agent. 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 Banks Registrar and Share Transfer Agent.
ie) 6.
c)
[eke Helee / ueeYeebMe DeefOeosMe ceW HeefjJele&ve : ke) Fueskeêsefveke he ceW Mesej jKeves Jeeues meomeeW kees Sleoeje metefele efkeee peelee nw efke Gvekes mebyebefOele ef[heeefpejer Keeles ceW hebpeerke=le yeQke efJeJejCeeW kees yeQke eje ueeYeebMe kee Yegieleeve kejves kes efueS Gheeesie ceW ueeee peeSiee. yeQke DeLeJee Fmekee jefpemêj Deewj Mesej nmleevlejCe Spesv, Fueskeêsefveke he ceW Mesej jKeves Jeeues meomeeW mes meerOes ner eehle Ssmes efkemeer DevegjesOe hej keee&Jeener veneR kejsiee pees yeQke efJeJejCeeW DeLeJee yeQke ceW[s mes mebyebefOele neWies. Ssmes heefjJele&veeW keer metevee kesJeue meomeeW kes ef[hee@efpejer menYeeieer kees ner oer peeveer eeefnS. Ke) Yeewefleke he ceW Mesej jKeves Jeeues meomeeW mes DevegjesOe nw efke eefo Gvekes heles ceW keesF& heefjJele&ve nes lees Fmekeer metevee lelkeeue yeQke kes jefpemêj Deewj Mesej nmleevlejCe Spesv DeLee&le cewmeme& keeJeea kebhetjMesej ee. efue. nwojeyeeo kees oW. Fueskeê@efveke he ceW Mesej jKeves Jeeues meomeeW kees Deheves heles ceW efkemeer ekeej kes heefjJele&ve keer metevee DeJeMe ner Deheves mebyebefOele ef[hee@efpejer menYeeieer kees osveer eeefnS. yeQke DeLeJee yeQke kes jefpemêj Deewj Mesej nmleevlejCe Spesv kees metevee osves keer DeeJeMekelee veneR nw. meomeeW mes DevegjesOe nw efke Jes yeQke DeLeJee yeQke kes jefpemêj Deewj Mesej nmleevlejCe Spesv kes meeLe efkemeer Yeer ekeej kes he$e-JeJenej ceW Deheves mebyebefOele Heesefueees vecyej (Gvekes efueS, efpevekes heeme Mesej Yeewefleke he ceW nw) Deewj Dehevee [erheer DeeF&[er/eenke DeeF&[er vecyej (Gvekes efueS, efpevekes heeme Mesej Fueskeê@efveke he ceW nQ) kee GuuesKe DeJeMe kejW.
Change of Address / Dividend Mandate : a)
b)
ie)
c)
7.
Heesefueees kee meceskeve : efpeve MesejOeejkeeW kes Heeme Ske mes DeefOeke Keeles ceW DeHeves meceHe veece mes Mesej nQ, Gvemes DevegjesOe nw efke Jes jefpemêj SJeb DeblejCe SpeW kees Mesej HeceeCe-He$eeW kes meeLe Ssmes KeeleeW kes efueS uespej Heesefueees keer metevee oW leeefke yeQke Ske Keeles ceW meYeer Oeeefjle MesejeW kee meceskeve kej mekeW. He=<"ebkeve mebyebOeer DeeJeMeke keej&JeeF& kejves kes yeeo meomeeW kees Mesej HeceeCe-He$e eLeemecee ueewe efoS peeSbies. Yeewefleke he ceW Mesej Oeeefjlee kee DeYeeweflekeerkejCe Yeewefleke he ceW Mesej jKeves Jeeues Mesej Oeejke Deheveer Mesej Oeeefjlee kee DeYeeweflekeerkejCe kej mekeles nQ, Fmekes efueS GvnW Deheves Gme mebyebefOele ef[heeefpejer menYeeieer mes mebheke& kejvee eeefnS peneb Gvekee Dehevee [erces Keelee nw.
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 Banks 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.
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.
12

9. DeblejCeeW kes efueS HemlegleerkejCe : Mesej HeceeCe-He$eeW kees DeblejCe efJeuesKeeW kes meeLe yeQke kes jefpemêj SJeb Mesej DeblejCe SpeW kes Heeme efvecveefueefKele Heles Hej Yespee peevee eeefnS: cewmeme& keeJeea kecHetjMesej Hee.efue. (FkeeF& : yeQke Dee@He] ye[ewoe) Huee@ meb.17-24, efJeuejeJe veiej, Fcespe ne@efmheue kes efveke, ceeOeeHegj, nwojeyeeo - 500 081 sueerHeesve : 040 2342 0815 mes 820 Hewkeme : 040 2342 0814 F&-cesue : einward.ris@karvy.com 10. oeJee ve efkeS ieS ueeYeebMe, eefo keesF& neW : efpeve MesejOeejkeeW ves efHeues Je<eeX kes DeHeves ueeYeebMe He$eeW kee vekeoerkejCe ve kejeee nes DeLeJee ueeYeebMe he$e GvnW HeeHle ve ngS neW, GvnW metefele efkeee peelee nw efke Jes jefpemêj SJeb DeblejCe SpeW nwojeyeeo DeLeJee yeQke kes efveJesMeke mesJeeSb efJeYeeie, cegbyeF& mes efvecveefueefKele Heles Hej meerOes mebHeke& kejW. efveJesMeke mesJeeSb efJeYeeie yeQke Dee@He ye[ewoe, HeLece cebefpeue, ye[ewoe keeHeexjs meWj meer-26, peer-yuee@ke, yeeve keguee& kee@cHeueskeme, yeeve (HetJe&), cegbyeF& - 400 051 F&-cesue - investorservices@bankofbaroda.com MesejOeejke ke=Heee vees kej ueW efke yeQkekeejer kebHeveer (GHeeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970 ceW mebMeesOeve kes HeuemJeHe yeQkekeejer kebHeveer (GHeeceeW kee Depe&ve SJeb DevlejCe) leLee efJeeere mebmLeeve efJeefOe (mebMeesOeve) DeefOeefveece 2006 kes cesve]pej meeJe&peefveke #es$e kes yeQkeeW kes efuees en DeefveJeee& nw efke Jes Gkele DeefOeefveece ueeiet nesves kes HeuemJehe Yegieleeve nsleg / oeJee nsleg Mes<e ueeYeebMe keer jeefMe leLee Gkele DeefOeefveece ueeiet nesves kes yeeo Ieese<ele ueeYeebMe f DeHeoe ueeYeebMe Keeles ceW Devleefjle kejW. Deeoe ueeYeebMe Keeles ceW Devleefjle jeefMe Deewj DevlejCe keer leejerKe mes meele Je<e& keer DeJeefOe es DeoeJeeke=le/Deeoe jeefMe kees kebheveer DeefOeefveece, 1956 keer Oeeje 205 (meer) keer Ghe Oeeje (I) kes Devleie&le mLeeefhele efveJesMeke efMe#ee Deewj mebj#eCe efveefOe ceW Devleefjle efkeee peevee Dehese#ele nw. Fme jeefMe kee Gheeesie f kebheveer DeefOeefveece, 1956 keer Oeeje 205 meer kes Devleie&le GefuueefKele GsMe mes leLee eLeeefJeefOe efkeee peeSiee Deewj Gmekes heMeele Fme mebyebOe ceW Yegieleeve kes efueS keesF& oeJee yeQke kees ee efveefOe kees emlegle veneR efkeee peeSiee. 11. meomeeW mes DevegjesOe : ke=Heee vees kejW efke Jeeef<e&ke meeceeve yew"ke ceW Jeeef<e&ke efjHees& keer Heefleeeb efJeleefjle veneR keer peeSbieer. Dele: meomeeW mes DevegjesOe nw efke Jes yew"ke ceW Jeeef<e&ke efjHees& keer Heefle meeLe ueskej DeeSb.
9. Lodgments for Transfers:
2010 -11
Share Certificate along with transfer deed should be forwarded to the Banks 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 500 081 Phone No. 040 2342 0815 to 820, Fax No. 040 2342 0814 E- mail : einward.ris@karvy.com 10. Unclaimed Dividend, if any: The Shareholders who have not encashed their dividend warrants for the previous years are advised to approach the Banks Registrar and Share Transfer Agent at aforesaid address or at Banks Investors Services Deptt. at Mumbai on the following address : Investors Services Deptt Bank of Baroda, 1st Floor, Baroda Corporate Centre, C-26, G-Block, Bandra Kurla Complex, Bandra (E) MUMBAI - 400 051. E-mail - investorservices@bankofbaroda.com Shareholders are requested to carefully note that pursuant to amendment in Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 vide The 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 Unpaid Dividend Account. The amount transferred to the said Unpaid Dividend Accounts 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.
13
2010 -11
DIRECTORS REPORT
Your Directors have pleasure in presenting the One Hundred

and Third Annual Report of the Bank with the audited Balance Sheet, Profit & Loss Account and the Report on Business and Operations for the year ended March 31, 2011 (FY11). Performance Highlights
Total Business (Deposit+Advances) increased to Rs 5,34,116 crore reflecting a growth of 28.30%. Gross Profit and Net Profit were Rs 6,981.61 crore and Rs 4,241.68 crore respectively. Net Profit registered a growth of 38.7% over previous year. Credit-Deposit Ratio stood at 86.77% as against 84.47% last year. Retail Credit posted a growth of 33.8% constituting 18.88% of the Banks Gross Domestic Credit in 2010-11. Net Interest Margin (NIM) as per cent of interest earning assets in global operations was at the level of 3.12% and in domestic operations at 3.72%. Net NPAs to Net Advances stood at 0.35% this year against 0.34% last year. Capital Adequacy Ratio (CAR) as per Basel I stood at 13.02% and as per Basel II at 14.52%. Net Worth improved to Rs 19,750.63 crore registering a rise of 43.27%. Book Value improved from Rs 378.44 to Rs 504.43 on year. Business per Employee moved up from Rs 981 lakh to Rs 1,229 lakh on year. after Tax (PAT) of Rs 4,241.68 crore after deducting Rs 1,026.18 crore of unallocated expenditure and Rs 1,408.64 crore towards provision for tax.
Dividend
The Banks Directors have proposed a dividend of Rs 16.50 per share (on the face value of Rs 10/-per share) for the year ended March 31st, 2011. The total outgo in the form of dividend, including taxes, will be Rs 753.35 crore.
Capital Adequacy Ratio (CAR)

The Banks Capital Adequacy Ratio (CAR) is comfortable at 14.52% under Basel II as on 31st March 2011. During the year, the Bank strengthened its capital-base by raising Rs 1,500 crore through unsecured subordinated bonds and Rs 711.50 crore through innovative perpetual bonds. The Banks Net Worth as at 31st March 2011 was Rs 19,750 crore comprising paid-up equity capital of Rs 392.81 crore and reserves (excluding revaluation reserves) of Rs 19,357.82 crore. An amount of Rs 3,488.33 crore was transferred to reserves from the profits earned.
Provisions towards Retirement and Other Benefits

During the year 2010-11, the Bank has made provision towards contribution to gratuity (Rs 382.90 crore), pension funds (Rs 788.55 crore), leave encashment (Rs.-21.20 crore) and additional retirement benefits (Rs 10.17 crore) on actuarial basis. Total provisions under these four categories amounted to Rs 1,160.42 crore during the year 2010-11, against Rs 402.71 crore during 2009-10. Total corpus available with the Bank at the end of March 2011 under these heads was: Rs 1,289.75 crore (gratuity), Rs 5,177.08 crore (pension funds), Rs 506.31 crore (leave encashment), and Rs 396.13 crore (additional retirement benefits). 2010-11 1.33 2,80,098.94 4.67 2,82,109.79 7.76 3.12 39.87 504.43 116.37 2009-10 1.21 2,15,886.21 4.98 2,16,735.54 7.70 2.74 43.57 378.44 83.96
Segment-Wise Performance
The Segment Results for the year 2010-11 reveal that the contribution of Treasury Operations was Rs 882.51 crore, that of Corporate/Wholesale Banking was Rs 1,525.49 crore, that of Retail Banking was Rs 1,517.89 crore, and of Other Banking Operations was Rs 2750.61 crore. The Bank earned a Profit Particulars Return on Average Assets (ROAA) (%) Average Interest Bearing Liabilities (Rs crore) Average Cost of Funds (%) Average Interest Earning Assets (Rs crore) Average Yield (%) Net Interest Margin (%) Cost-Income Ratio (%) Book Value per Share (Rs) EPS (Rs)
Key Financial Ratios
14
Jeeef<e&ke efjhees& Annual Report Management Discussion and Analysis

Economic Scenario in 2010-11
Indian economy witnessed a strong turnaround during 201011 as compared to the previous two years when the economic growth was below-trend as a result of global financial crisis. The growth during 2010-11 was contributed by a rebound in agriculture and sustained levels of activity in industry and services. According to the Government of Indias Estimates, Indian economy grew by 8.5% in 2010-11. Helped by a good monsoon, agricultural production rebounded in 2010-11 with both kharif (summer) and rabi (winter) crops turning out to be good. Foodgrain production, estimated at 235.88 million tonnes was 8.15% higher than that of the previous year. Higher agricultural growth got translated into better rural incomes and improved the growth prospects of agro-based industries during the year under review. While manufacturing sector is estimated to have grown by 8.3% in 2010-11, the second half of the year saw some moderation in industrial growth mainly on account of high base effect. However, the activity in manufacturing sector became more evenly spread during 2010-11 with fifteen out of seventeen industries recording positive growth during the year. According to the Reserve Bank of Indias (RBI) Report on Macroeconomic and Monetary Developments in 2010-11, a definite improvement was seen in the capacity utilization rates and employment generation towards the end of the financial year 2010-11. Driven by a healthy growth in trade, hotels, transport & communication and finance, insurance & real estate etc., even the services sector is estimated to have grown by a robust 9.0% in 2010-11. Aggregate demand as measured by aggregate real expenditure accelerated in 2010-11 with private consumption and investment expenditure growing at a brisk pace. While private consumption expenditure grew by 8.2% (y-o-y) in real terms, gross fixed capital formation as per cent of GDP stood at a healthy 31.6% during 2010-11. Non-food credit of scheduled commercial banks (SCBs) grew by 21.4% (y-o-y) this year, as banks are the major source of finance for the Indian commercial sector. On the back of strong global recovery, Indias merchandise exports grew by a robust 37.5% (y-o-y) during 2010-11 to US $ 245.87 billion surpassing the Governments indicative target of US $ 225 billion for the year. Exports had declined by 4.7% in the previous year 2009-10 due to the global financial meltdown. The robust growth in Indias exports reflects diversification of products from labour intensive manufacturers to higher value-added products in engineering & petroleum sectors and to destinations across emerging markets and developing economies. Indias merchandise imports rose by 21.6% (y-o-y) to US $ 350.70 billion during 2010-11 resulting into narrowing of the trade deficit from US $ 109.62 billion in 2009-10 to US $ 104.83 billion. Indias Current Account Deficit (CAD) that amounted to 3.7% of GDP in H1, 2010-11 moderated
2010 -11
to 2.1% of GDP in Q3, 2010-11 primarily reflecting pick up in both merchandise and services exports. According to the RBI estimates, the CAD for the full year 2010-11 may settle at around 2.5% of GDP. According to the RBI data, during the first eleven months (Apr-Feb) of 2010-11, the FDI to India moderated to US $25.9 billion from US $33.8 billion in the comparable period of 200910. However, the net FII inflows marginally improved from US $29.0 billion in 2009-10 to US $29.4 billion in 2010-11. Even the External Commercial Borrowings approvals improved from US $ 20.7 billion in 2009-10 to US $ 25.6 billion in 2010-11. Indian financial markets remained largely orderly during 201011, despite the challenges posed by global uncertainties, persistent inflation and high current account deficit. Indias benchmark index Sensex posted a modest gain of 10.9% and its P/E ratio had changed marginally from 17.7% at endMarch, 2010 to 17.3% at end-March, 2011. Responding to the persistently high inflation and tight liquidity conditions, the interest rates hardened significantly in the call money, CBLO, CP, CD and G-sec markets. The average daily volumes too depicted higher volatility in domestic financial markets during 2010-11. However, the Rupee remained quite stable in 2010-11 with a marginal increase against the US dollar. But inflation higher than in trading partners led to a modest rise in the real effective exchange rate. On the positive side, Indias foreign exchange reserves healthily increased by 9.5% (y-o-y) during 2010-11 to US $ 303.48 billion by end-March, 2011. Better than expected revenue from the sale of third-generation spectrum for high-speed telephony and broadband services, as well as strong GDP growth, helped to reduce the Central Governments Fiscal Deficit from 6.4% of GDP in 2009-10 to 5.1% in 2010-11, thereby restricting the combined deficit of the centre and states to around 8.1% during 2010-11. During the presentation of Union Budget for 2011-12, an attempt was made to push forward some of the pending reforms. For example, there is an effort to move toward direct cash transfers for subsidized fertilizers, liquefied petroleum gas, and kerosene, which are expected to contain the waste and misdirection of these commodities. Last, the government on 21st March, 2011 introduced to Parliament a constitution amendment bill to facilitate implementation of the Goods and Services Tax. Inflation continued to remain the predominant policy concern throughout 2010-11. While monthly year-on-year inflation rates moderated from the double-digits reached in mid-2010, they are estimated to have been 9.2% for the entire fiscal year. Inflation during 2010-11 was driven by both supply shocks as well as gradual generalization of price pressures. Though food inflation moderated during Q4, 2010-11, increase in prices of several manufactured products and freely priced fuel items kept inflation firmly above the RBIs comfort level. In response to rising inflation and a recovering economy, the RBI reversed
15
2010 -11
its accommodative policy stance in March, 2010. During the course of 2010-11, the RBI raised the policy rates eight times, albeit in a calibrated fashion to maintain the balance between growth and inflation. It even raised the CRR by 25 bps at the beginning of the financial year. Similar to other emerging markets, high global crude oil and other commodity prices pose some downside risks to Indias growth outlook during 2011-12. However, buoyancy observed in both domestic demand and exports would greatly help Indias GDP growth to stay close to the trend during 2011-12.
and personal loans. Disaggregated analysis suggests that credit to the industrial sector continued to be led by credit to infrastructure, metal & metal products, textiles, engineering, food processing and gems & jewellery. The high growth in credit to infrastructure is especially noteworthy as it is on a high base. Even the asset quality for most of the banks remained well within limits and under norms set by the RBI. The process of banking reforms too received a further push during 2010-11. For instance, the government presented this year the Banking Laws (Amendment) Bill 2011 in the Lok Sabha. The bill proposed the following amendments among other recommendations in the existing Banking Law.
Performance of Indian Banking Sector in 2010-11

Indian banking sector emerged stronger during 2010-11 in the aftermath of global financial meltdown of 2008-10 under the watchful eye of its regulator. The timely and calibrated policy responses by the RBI and the government excellently supported the economic recovery process and aided the banking business during the year 2010-11. As inflation remained the dominant policy concern in 2010-11, the monetary and liquidity conditions during the year remained consistent with the anti-inflationary stance of the RBI. Liquidity conditions had switched to deficit mode since end-May 2010, due to large increase in government balances with the RBI resulting from 3G/BWA auctions combined with the impact of advance tax outflows. Structural factors like imbalances between deposit and credit growth coupled with high currency demand too added to the pressure on liquidity during most part of the year. However, by allowing the banks to avail of additional liquidity support under the LAF and by conducting second LAF on daily basis, the RBI tried to ease the liquidity pressures. During the third quarter of 2010-11, the RBI undertook open market operations and other measures to improve the availability of liquid funds. Liquidity conditions improved satisfactorily during the last quarter of 2010-11 due to pick up in government spending and staggered open market operations of the RBI since mid-December. For the year as a whole, Indian banking industry delivered a strong performance underpinned by better than expected loan growth, improvement in NIMs helped by faster re-pricing of assets than liabilities and a higher CD ratio. During 2010-11, the non-food credit of commercial banks grew by 21.2% (y-o-y) against 17.1% in 2009-10, while aggregate deposits expanded by 15.8% (y-o-y) in 2010-11 versus 17.2% in 2009-10. The banks total accommodation of commercial sector (as measured by non-food credit plus non-SLR investments) too improved healthily by 21.3% (y-o-y) during 2010-11 against 16.9% in 2009-10. Bank finance continued to be the major source of finance for the commercial sector as during 2010-11, funding from non-bank sources registered a marginal decline as compared to the previous year. The sectoral deployment of bank credit continued to remain broad-based, with high growth in flow of credit to services
To raise the voting rights of shareholders of nationalised banks to 10.0% from the existing 1.0%. For private sector banks, the voting rights would be proportionate with investors shareholding. To remove the voting right restriction of 10.0% for private sector banks in the total voting rights of all the shareholders of the banking company. To give powers to nationalised banks to issue two additional instruments bonus shares and rights issues to be able to get funds from capital market to expand the banking business. To grant powers to RBI to impose such conditions as it deems necessary while granting such approval for acquisition of 5.0% or more share capital of a banking company if it considers necessary. To confer power on the RBI to call for information and returns from associate enterprises of banking companies and also to inspect the same.
The outlook for Indian banking industry remains positive during 2011-12, given the underlying growth momentum in the real sector and continued steam of high credit demand.
Risk Management
Management of various types of financial risks is an integral part of the banking business. Bank of Baroda has a robust and integrated Risk Management system to ensure that the risks assumed by it are within the defined risk appetites and are adequately compensated. The Risk Management Architecture in the Bank comprises Risk Management Structure, Risk Management Policies and Risk Management Implementation and Monitoring Systems.
Risk Management Structure

The Bank has in place a well established risk management structure to manage various financial and non-financial risks, broadly divided into three categories, notably, Credit Risk, Market Risk and Operational Risk. The Banks Board of Directors is at the fountain head of all risk management policies and strategies and responsible for
16

setting the Banks aggregate Risk Appetite. In its functions, it is supported by the Sub Committee of the Board for ALM and Risk Management which, in turn, is supported by the Credit Policy Committee (CPC), Asset Liability Management Committee (ALCO), and Operational Risk Management Committee (ORMC). The Asset Liability Management Committee (ALCO) meets periodically to discuss the product pricing for deposits and advances, maturity profiles of asset and liabilities, the interest rate view of the Bank, funding policy, transfer pricing policy and balance sheet management policy in accordance with the guidelines issued by the RBI. The Credit Policy Committee (CPC) has a role to formulate and implement various credit risk management strategies including Loan Policy and Off Balance Sheet Exposure Policy and monitor the Banks risk management functions on a regular basis. The Operational Risk Management Committee (ORMC) is an executive committee formed with the prime objective of mitigation of Operational Risk within the institution by creation and maintenance of an explicit operational risk management process.
2010 -11
Liquidity Risk by way of tools like Traditional Gap Approach or Flow Approach and Stock Approach. The Traditional Gap Approach or Flow Approach is helpful in ascertaining liquidity mismatches in various time buckets that are stipulated by the RBI. The measurement and monitoring is done on a daily basis through the preparation of Structural Liquidity Statement and on a dynamic basis through the preparation of Dynamic Liquidity Statement, which helps to ensure that the negative liquidity position is well within limits as prescribed in the ALM and Group Risk Policy. Breach of the limits are reported to the ALCO and then to the Board of Directors. In the stock approach, the Bank has established a series of caps on activities such as daily call lending, daily call borrowings, net short term borrowings, net credit to customer deposit ratio, prime asset ratio etc. The liquidity position in foreign currencies is assessed by the Banks specialised integrated treasury branch. A Corporate Asset Liability Management Policy for Overseas Operations is separately prepared to monitor the liquidity position of each overseas territory at prescribed intervals. Stress testing of the Liquidity position of the Bank as a whole is assessed at regular intervals guided by the Stress Test Policy. A contingency funding plan is provided in the ALM and Group Risk Policy for domestic operations and in the Corporate ALM Policy for overseas operations that outlines the Banks potential responses to liquidity stress events at various levels of severity.
Risk Management Policy

Risk Management Policy of the Bank provides a summary of Banks principles regarding risk taking and risk management. The principles are based on the best practices and designs to avoid conflict of interests. The Bank has developed an elaborate risk strategy in terms of policy guidelines, for managing and monitoring various risks. In order to provide ready reference and guidance to various functionaries dealing with risk management function in the Bank, the Bank 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 and Internal Capital Adequacy Assessment Process (ICAAP), Collateral Management and Credit Risk Mitigation and Stress Test Policy duly approved by the Board.
Credit Risk
Credit Risk is the risk that the counterparty to a financial transaction will fail to discharge an obligation resulting in a financial loss to the bank. Credit risk management processes involve identification, measurement, monitoring and control of credit exposures. The Bank has a Sub-Committee of the Board on ALM & Risk Management constituted by the Board of Directors who specifically oversees and co-ordinates the Banks Credit Risk Management functions. Reporting to this Sub-Committee is the Credit Policy Committee, whose role is to formulate and implement various risk management strategies and monitor the Banks risk management functions on a regular basis. The instruments and tools through which credit risk management is carried out in the Bank are as follows:-
Risk Management Implementation and Monitoring System

In the commercial banking field, the primary risk exposures that the Bank faces are Liquidity Risk, Credit Risk, Market Risk and Operational Risk.
Liquidity Risk
The main aim of the Banks liquidity management is to maintain sufficient liquidity (along with an adequate access to liquid funds at reasonable cost) to meet all its obligations and commitments as they fall due and also to carry out its normal banking operations. The overall responsibility for measuring and monitoring liquidity risk for the Bank rests with the Asset Liability Management Committee (ALCO). The Bank manages
Exposure Ceilings: The Credit Exposure Ceilings are fixed considering prudential measures mandated by the RBI based on the capital funds of a Bank. The ceilings so prescribed by the RBI and developed by the Bank are set out in the Domestic Loan Policy. These caps are in relation to Single/Group Borrowers, Industry exposures, Unsecured Advances, Top Borrowers etc. Credit Research/Portfolio Review: The Corporate Research Cell of the Risk Management Department
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undertakes Industry profiles/product profile studies of all Industries/Products and makes them available to the Banks credit officers. The Portfolio review cell carries out Portfolio review studies including distribution, growth, composition, defaults, credit quality, rating concentration, weighted rate of interest and cost of delinquency to assess credit risk at the portfolio level. The reports are regularly submitted to the Credit Policy Committee and the Sub Committee of Board on ALM and Risk Management.
3. 4.
Duration of the Investment Portfolio and Modified Duration of Equity. Value at Risk- VaR for treasury positions is calculated for 10 days holding period at 99% confidence level.
The Stress Testing of the trading book through Sensitivity and Scenario analysis is regularly conducted.
Operational Risk
Operational Risk is the risk of loss resulting from inadequate or failed internal processes, people and systems or external factors. In order to control this,the Bank primarily relies on its Internal Audit system. Furthermore, to monitor operational risk on an ongoing basis, the Bank has set up an Operational Risk Management Committee under the supervision of SubCommittee of Board on ALM and Risk Management. The Bank collects and analyses loss and near miss data on operational risk based on different parameters on a half yearly basis and takes corrective actions, wherever necessary.
Risk Rating Model: The Bank has a comprehensive risk rating model set in place which defines a level of credit risk for a specific loan transaction on a particular scale. The model estimates the level of Probability of Default (PD) for all rating grades. It is also capable of pricing a particular credit facility.
Moreover, the Stress Testing and Scenario Analysis of Credit Risk Portfolio are undertaken at regular intervals as per the Stress Testing Policy of the Bank.
Banks Compliance with Basel II

Bank of Baroda is one of the pioneers amongst the Public Sector Banks in India with regard to the implementation of Basel II framework, which came into effect from 31.03.2008. Currently, the Bank is following Standardized Approach for credit risk, Basic Indicator Approach for operational risk and Standardized Duration Approach for market risk for computing capital adequacy ratio (CRAR). The Bank computes the Capital Adequacy Ratio on a parallel run for Basel I and Basel II as per the RBI guidelines. The CRAR of the Bank is summarized as follows. Date 31.03.2009 31.03.2010 31.03.2011 Basel I 12.88% 12.84% 13.02% Basel II 14.05% 14.36% 14.52%
Market Risk
Market risk is defined as the risk to the Banks earnings and capital arising due to the volatilities and changes in the market level of interest rates or prices of securities, foreign exchange and equities. Market Risk Management provides a comprehensive and dynamic frame work for measuring, monitoring and managing liquidity, interest rate, foreign exchange and equity as well as commodity price risk of a Bank that needs to be closely integrated with the Banks business strategy. The market risk in the trading book is monitored and managed as per appropriate control mechanism in place which has been well defined in Investment Policy, Mid Office policy and Stress Testing Policy of the Bank. The monitoring reports are submitted to the ALCO/ Sub Committee of Board on ALM and Risk Management on monthly/quarterly basis. The primary risk that arises for a Bank being a Financial Intermediary is Interest rate risk. The immediate impact of changes in interest rates is on the Banks earnings by changing its Net Interest Income (NII). A long term impact of changing interest rates is on the Banks Market Value of Equity (MVE). The interest rate risk when viewed from these two perspectives is known as earning perspective and economic value perspective. Accordingly, the Bank uses the following tools to manage the interest rate risk: 1. Traditional Gap Analysis which is undertaken through the preparation of Interest Rate Sensitive Gap Reports on a daily basis. Earning at Risk- Calculation of impact on NII due to 1% change in interest rates. It also takes into account certain factors like Yield Curve Risk, Basis Risk, and Embedded Options Risk. Impact on the Economic Value of Equity is estimated by the Bank on quarterly basis.
The Bank has drawn a roadmap for implementing the Advanced Approaches under Basel II guidelines. The Bank has a rating system in place which is equipped to provide data on Migration of Rating, Calculation of PD and LGD so as to facilitate a smooth transition to the Internal Ratings Based Approach for credit risk evaluation. The Bank also has a system for the calculation of VAR (i.e., value at risk) for General Market Risk for transition to the Internal Models Approach. In conformity with the Pillar II guidelines of RBI under the Basel II framework, the Bank has formulated Internal Capital Adequacy Assessment Policy (ICAAP), Collateral Management & Credit Risk Mitigation and Stress Test Policy. The Policy explains modalities to identify and measure other risks (other than credit, market and operational risks), carry out stress testing based on sensitivity tests and scenario analysis. The Policy also requires the Risk Management Department to formulate a risk-based
2.
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capital plan so as to make Banks capital more risk-sensitive and also to develop stress scenarios on a continuous basis. The Bank submits a document containing the ICAAP and Stress Test results, duly approved by the Board of Directors, to the RBI on a half-yearly basis. The Capital Plan exercise based on the three-year outlook is also prepared on annual basis. The disclosure under Pillar III of market discipline guidelines of the RBI are made by the Bank on quarterly/half-yearly/annual basis of which the last one was made on 31st March, 2011. The yearend disclosures as on 31st March, 2011 are part of the Annual Report and also displayed on the Banks website.
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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,
Prevention of slippages in the Asset Classification and relegation in Credit Ratings through vigorous follow up, Identification of suitable cases for restructuring/ rescheduling/ rephasement as well as further financing in deserving and genuine cases with matching contribution from the borrower, Taking necessary steps/regular follow up, for review of accounts and compliance of terms and conditions, thereby improving the quality of Banks credit portfolio, and; Endeavoring for upward migration of Credit Ratings.
Credit Monitoring Function

Credit monitoring on a continuous basis is one of the most important tools for ensuring quality of advance assets. The Bank has the system of monthly monitoring of the advance accounts at various levels to control fresh slippages and to take timely corrective steps to improve the quality of its overall credit portfolio. A separate department for Credit Monitoring function at the corporate level, headed by a General Manager, and one at the Regional/Zonal level, started functioning since September 2008 in response to the early signs of global financial crisis. The Slippage Prevention Task Force was activated at all Zonal/ Regional offices in terms of the Banks Domestic Loan Policy for the purpose of controlling slippages and also for initiating necessary restructuring in potentially sick accounts at an early stage in conformity with the laid down norms and guidelines. The Bank placed special focus on sharpening of its credit monitoring process for improving the asset quality, identifying areas of concern and/or branches requiring special attention, working out strategies and ensuring their implementation in a time-bound manner. The primary objectives of the Credit Monitoring Department at the corporate level are fixed as under: Identification of weakness/Potential default/incipient sickness in the account at an early stage, Initiation of suitable and timely corrective actions for
Restructuring of Advances Accounts

As a part of an on-going business strategy to improve upon the quality of assets, the Bank reaffirmed the need to look into the advance portfolio on a continuous basis, both industry-wise as well as borrower-wise. The purpose of this effort has been 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. The 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 slippages and maintaining superior asset quality. During the financial year 2010-11, the Bank undertook restructuring of various advances accounts as per the table given below: (` crore) Total 9,965 1,438.43 151 163.04 121 2.36 10,237 1,603.83
Restructuring of Advance Accounts (Domestic) 2010-11

Particulars Standard Advances Restructured Sub-standard Advances Restructured Doubtful Advances Restructured Total No. of Borrowers Amt. Outstanding No. of Borrowers Amount Outstanding No. of Borrowers Amount Outstanding No. of Borrowers Amount Outstanding CDR Mechanism 3 166.01 1 154.24 0 0 4 320.25 SME Restructuring 198 382.68 21 4.38 13 0.04 232 387.10 Others 9,764 889.74 129 4.42 108 2.32 10,001 896.48
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Moreover, in its International Operations, the Bank, during the course of the year 2010-11, undertook restructuring of 71 borrowal accounts involving an overall outstanding balance of Rs 2,973.66 crore. The 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 the Banks credit portfolio.
warranting remedial actions on priority basis. The position of risk categorization and composite branch ratings are reviewed by the ACB on quarterly basis. The primary objective of RBIA and other inspections/audit is to provide reasonable assurance to the Board and the Top Management about the adequacy and effectiveness of the risk management and control framework in the Banks operations. The compliance is monitored through submission of Rectification Certificate duly countersigned by the Head of the Controlling Office. During the year under review, 8,538 audits were assigned and completed which included RBIA of 2,534 Branches, 60 Retail Loan Factories, 64 SME Loan Factories, 255 Forex Audit and 5,625 other audits. Depending upon the Risk categorization, the periodicity of next inspection is decided. With the objective of identification, measurement, monitoring and mitigation of risks in the day to day operations, large branches are covered under Concurrent Audit by professionally qualified Chartered Accountant Firms on concurrent/daily basis. To improve the quality of credit and assessment of the compliance status of large loans as per the RBI direction, system of Credit Audit is implemented in our Bank. The Credit Audit helps pick up early warning signals, if any, so that suitable timely remedial measures in Credit Administration can be initiated. During the year 2010-11, Credit Audit was completed in 2,800 accounts covering funded and non-funded credit limits of Rs 1,60,815 crore, approximately 70.0% of the credit portfolio.
Economic Intelligence Unit

At the Corporate Office of the Bank, a specialized Economic Intelligence Unit (EIU) supports the Top Management in critical areas like 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 and the Banks various operational units a periodic outlook on key macro variables like industrial and infrastructural growth, inflation, interest rates, stock movement, credit deployment & resource mobilization of the Banking industry, liquidity and exchange rates. By providing better understanding of macroeconomic aspects, corporate sector health and financial sector policies, the EIU of Bank of Baroda supports the Banks 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 the bankers, investors, regulators and other industry leaders. The division works as an intellectual arm of the Bank in comprehending developments that helps in the development of rightly aligned strategies.
Initiatives/Strategies
l
Internal Control Systems

As the Bank continues its high growth trajectory by surpassing its business goals, year after year, the Central Inspection and Audit Division (CIAD) gears up to ensure that there is an appropriate mechanism on an ongoing basis to check that systems, policies and procedures of the Bank are adhered to by the operating units. The CIAD which functions independently continues to re-affirm that the standards of control are not diluted while attempting robust business growth. The CIAD aims that by assisting and guiding the branches in every possible way, the compliance becomes a part of their culture, and goes hand in hand with business growth. The CIAD is situated at Head office, Baroda and the various inspection/audit activities are carried out through 207 inspecting officers attached to the ten Zonal Inspection Centres headed by senior Executives. The CIAD has seen to it that well defined audit policies duly approved by the Audit Committee of the Board (ACB) and manual of inspection are in place for various types of audit i.e., Risk Based Internal Audit (RBIA), Concurrent Audit; Information System Audit, Currency Chests, Forex Business Audit, HR Audit, KYC-AML Audit and Management Audit. The level of risk and its direction is assessed as per the risk matrix prescribed by the RBI, which helps in identifying the high risk areas
In view of 100.0% branches being under the Core Banking Solutions (CBS), the inspection report format, contents and scoring pattern were revised to suit the changed compliance requirements. Certain high risk parameters are identified as Zero Tolerance and the compliance is insisted on an on-going basis. The Zonal Inspection Centres generate certain reports from Finacle (i.e., the CBS Software) and undertake off-site surveillance by intimating branches about the irregularities observed for due rectification. Regular meetings are held with Concurrent Auditors at various centres, and Finacle workshops are arranged for the Auditors and Auditors staff. The scope of RBIA (Risk Based Internal Audit) has been extended to cover regional offices, B-category branches authorized to deal in foreign exchange and currency chests. Formats for inspection of some of the specialized service outlets like Retail Loan Factories, SME Loan Factories, City Back Offices and Regional Back offices were introduced/ revised in order to improve the degree of compliance.
The Bank has taken active steps for building up the inventory of skilled and trained personnel to attend to Risk Management and Risk-Based Supervision Functions. It also organizes training
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programmes internally and at the external institutes of repute to equip its staff in various aspects of internal control systems.
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Compliance
The Bank is a member of the Banking Codes and Standards Board of India (BCSBI) and has adopted the Code of Commitment to the Customers revised by the BCSBI in August 2009 and also, Code of Banks Commitment to MICRO and Small Enterprises. The Code has been placed on the Banks website and also made available to customers at the branches. While announcing the Annual Monetary and Credit Policy for the year 2010-11, the Governor, Reserve Bank of India, 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 the Banks Board for the sub-periods January-June 2010 and July-December 2010 during the Board Meetings dated 20th November 2010 and 26th March 2011, respectively.
Operations and Services

Customer-Centric Initiatives
As always, efficient customer service and customer satisfaction are the primary objectives of the Bank in its day to day operations. The 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, the 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.
Efforts to Improve Customer Service at Branches

The 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 meetings 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. The Bank is focused towards providing excellent customer service through all delivery channels and has been making continuous efforts for enhancing the level of customers 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 are taken care of by improving upon the various processes and procedures.
Customer Service Committee of the Board

The Bank has a Sub-Committee of Board for Customer Service which is headed by the Banks Chairman and Managing Director with the following members as on 31st March 2011. 1. Shri M. D. Mallya Chairman and Managing Director 2. Shri Rajiv Kumar Bakshi Executive Director 3. Shri N. S. Srinath Executive Director 4. Dr Masarrat Shahid Director 5. Shri Maulin Vaishnav 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. The Committee also addresses issues relating to systemic deficiencies existing in the Bank, if any, brought out by such Awards. The details of the attendance of the meetings of Customer Service Committee of the Board held on 21st June 2010, 4th September 2010, 27th December 2010 and 26th March 2011 during financial year 2010-11 are as follows. Meetings held during the Meetings period of their attended tenure 4 4 4 4 2 1 4 4 4 4 2 1
Name of the Director Shri M. D. Mallya
Period
01-04-2010 to 31-03-2011 Shri Rajiv Kumar Bakshi 01-04-2010 to 31-03-2011 Shri N.S. Srinath 01-04-2010 to 31-03-2011 Dr Masarrat Shahid 01-04-2010 to 31-03-2011 Shri Maulin Vaishnav 03-09-2010 to 31-03-2011 Shri A. Somasundaram 01-04-2010 to 30-07-2010
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Standing Committee on Customer Service

The 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 the Bank. This Committee oversees timely and effective compliance of the RBI instructions on Customer Service and also reviews the practices and procedures prevalent in the 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.
The Bank has Board approved KYC-AML-CFT Policy in place. The said Policy is the foundation on which the Banks implementation of KYC norms, AML standards, CFT measures and obligation of the Bank under Prevention of Money Laundering Act (PMLA) 2002 is based. The major highlights of KYC-AML-CFT implementation across the Bank are as under.
Generation of Cash Transaction Reports (CTRs) electronically for submission to Financial Intelligence Unit (FIU), through the electronic medium. Installation/Implementation of AML Solution for generating system based alerts. System-based detection and submission of Suspicious Transaction Reports (STR) to the Financial Intelligence Unit (FIU). System based Risk Categorization (from AML Measure) of Banks customers accounts every half year. Filing of Counterfeit Currency Reports (CCRs) to FIUIND, New Delhi.
Customer-Centric Initiatives and Redressal of Complaints
The 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 the Operations and Services is designated as Nodal Officer for customer complaints regarding the 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. A Note on Review of Customer Services & Grievances Redressal Machinery is placed before the Board of Directors every quarter giving position of customer complaints received at Regional Offices and Head office and the follow up measures with important initiatives taken by the Bank for improving the customer services during the period. To eradicate customer complaints fully and ensure hassle free customer service, analysis is done on the complaints received from the customers and suitable timely action is taken so that there is no repetition of such complaints in future. The Bank has Board approved policies on Customer Services and the same are placed on the Banks website.
The full KYC compliance entails staff education as well as customer education for which the following measures have been taken by the Bank.
A comprehensive list of KYC documents is uploaded on the Banks website (www.bankofbaroda.com) for the benefit of customers. A KYC-AML page is created at the Banks Intranet for posting reference material on KYC-AML-CFT education. Regular Training Sessions are conducted on KYC-AML-CFT guidelines at the Banks training establishments. Training is being arranged for the Banks Senior Officials/Executives at RBI, IBA and National Institute of Bank Management (NIBM). Sustained efforts are made to create expertise at the Banks Head Office for Corporate Oversight and also for the KYC Audit of branches.
Government Business
The Banks Government Business department has primarily focused on three activities, notably, Control and Maintenance, Business Development and Pension Back Office during the year 2010-11. To facilitate its activities, the Department created a special vertical for its operations in New Delhi, headed by an Assistant General Manager for ensuring better liaison with various ministries and departments of Government of India. The main achievement of this department during the year 2010-11 may be summarized as follows. 1) 2) The Bank received authorisation for payment of pension to all Central Civil Pensioners in the country. Also, the Railway Board, RBI and CGA authorised the Bank to undertake pension payment to the Railway
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 the 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.
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Pensioners under Single Window Scheme (SWS) under which reimbursement of pension paid would be available at CAS, Nagpur. 3) Processing of pension of more than 55,000 Railway Pensioners would also be done at CPPC under the Single Window System (SWS) with effect from April, 2011. During the review period, the Bank got authorisation for e-payment of State Taxes in the States of Tamil Nadu, Kerala, Uttarakhand, Karnataka, Andhra Pradesh, West Bengal and Delhi. Conclusion of Agreement with Stock Holding Corporation of India (SCHIL) for sale of e-stamps. This business has commenced in the State of Gujarat. Special Savings Bank Product for Pensioners Baroda Pensioners Savings Bank Account was launched where pensioners get overdraft equivalent to twomonth pension. Collection of RTO Fees in the State of Gujarat and Tamil Nadu. Moreover, the Bank is now the Direct Agency Bank for Railway Receipt and Payment Business instead of Sub Agent of State Bank of India at nine locations. For the benefit of the Pan Indian Customers, a proposal has been sent to Ministry of Finance for authorising 700 additional branches for PPF/SCSS Business.
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4)
5)
6)
Shri M.D. Mallya, Chairman and Managing Director released quarterly BoB Vigilance Newsletter on vigilance related issues concerning Bankers. The Vigilance machinery in the Bank is effectively performing its proactive role in new risk prone areas emerging in computerized/ e-Banking environment, in addition to sensitising all categories of staff members with the various preventive measures. The Bank has been taking suitable steps towards preventive, detective and punitive vigilance as per the Government of India guidelines. With a view to share the various modus operandi of ingenious frauds with the staff members, Quarterly Vigilance Newsletter has been introduced by the Vigilance Department of the Bank to keep the staff alert so that they should not fall prey to such attempts. The Bank has also introduced a scheme for granting rewards to employees for detecting and foiling attempts of frauds/prevention of frauds with a view to encourage the vigil and alertness displayed by the employees while performing the duties and thereby detecting/foiling the attempted frauds. With the awareness, alertness and diligence exhibited by the operating staff, 58 fraudulent attempts by unscrupulous elements were thwarted, during the year April 2010 to March 2011, which saved the Bank from substantial financial loss.
7) 8)
9)
10) The Bank implemented a revised accounting procedure and system for Postal as well as Railway Receipt & Payment Business for automated reimbursement process and to eliminate losses due to a negative float. 11) Commencement of the Payment of Income Tax through ATMs. 12) The customers were enabled to view their 26AS Statement of Income Tax deposited through the Banks Internet Banking facility - Baroda Connect. 13) The Bank was authorized for collection of Custom Duty through e-mode at all locations in the country.
Business Performance
Given below are the details of the Banks major achievements on business front during 2010-11.
Vigilance
Vigilance activity in the Bank is an integral part of the managerial function and primarily aims at (1) ensuring integrity, (2) protecting the innocent (i.e., supporting quality decisions), (3) eliminating forces that thwart integrity, and (4) preventing the losses -- both the financial as well as reputational for the Bank. A rational distinction is drawn between a business loss, which has arisen as a consequence of a bona-fide commercial decision, and an extraordinary loss, which has occurred due to mala-fide, motivated or reckless performance of duties. On the one hand, to keep the morale of the employees high and on the other hand, to weed out the attempts of the unscrupulous persons, efforts are made to bring the departmental action to its logical conclusion expeditiously.
Resource Mobilisation and Asset Expansion

The share of Banks deposits in total resources stood at 85.22% as of 31st March 2011. The total deposits grew from Rs 2,41,261.93 crore to Rs 3,05,439.48 crore, posting a growth of 26.60% over the previous year. Of this, Savings Bank Deposits an important constituent of low cost deposits grew by 22.67% - from Rs 52,543.92 crore to Rs 64,454.04 crore. The share of low cost deposits (Current plus Savings) in Total Deposits (Domestic plus Overseas) was at 28.68% and in Domestic Deposits at 34.36%. During the year 2010-11, interest rates offered on the most popular buckets of retail term deposits of commercial banks in India increased by 200 to 250 bps making low cost deposits a less attractive proposition. Across the banking industry, the
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share of low cost deposits (CASA) to total deposits shrank sharply during 2010-11. Even for Bank of Baroda the domestic CASA share marginally declined from 35.63% to 34.36% on a year on year basis. The Banks Global Advances expanded significantly and much above the banking industry average by 30.65% during 2010-11 led by 28.69% expansion in domestic advances and 36.59% expansion in overseas advances. Unlike the experience of Indian banking industry, Bank of Barodas Total Credit growth (at 30.65%) was in proper alignment with its Total Deposit growth (at 26.60%) during 2010-11.
Composition of Funds Global

Particulars End March 2010 (Rs crore) 2,41,261.93 1,85,500.25 55,761.68 13,350.09 End March 2011 (Rs crore) 3,05,439.48 2,33,323.30 72,116.18 22,307.85 Growth Shri M. D. Mallya, Chairman and Managing Director addressing the Corporate Wholesale customers at Hyderabad. and the focus was to improve the share of business from the existing customers, thereby, strengthening the relationship with them and also building new relationships by targeting the Corporates who were hitherto not banking with the Bank. Under Wholesale Banking, the Corporate Customers are identified as Large and Mid Corporates. Those having annual sales turnover of over Rs 150 crore but up to Rs 500 crore are classified as Mid Corporates, and those having a sales turnover of above Rs 500 crore are classified as Large Corporates. During 2010-11, the Wholesale Banking Division sanctioned fresh facilities to 239 first time entrants amounting to Rs 36,318.67 crore through its Fast Track scheme and achieved increase in the existing accounts to the tune of Rs 41,660.31 crore, thus, the total sanctions from the department reaching a figure of Rs 77,978.98 crore. This exceeds the total sanctions for the previous year by almost Rs 7,900 crore. The major sanctions were given to sectors like iron & steel, metals & metallic products, commercial real estate and infrastructure segments like power, roads, telecommunication, etc. Reduction in Turnaround Time in Wholesale Banking The Department placed a major thrust on faster delivery through efficient channels and adoption of better practices in credit administration. Efforts were also made to improve the speed of decision making without compromising the quality of decision. Simplification of credit proposal formats was carried out, so that all vital information was captured with a sense of objectivity, thereby quickening the decision-making process. This helped the Bank a great deal in reducing the turnaround time. The Department targets to reduce the time taken for according a sanction to less than 25 days. Project Finance Division The Project Finance Division, a part of the Wholesale Banking Department earned total fee income of Rs 19.14 crore during 2010-11 through conducting 156 TEV (i.e., Technical Evaluation & Viability) studies and vetting of projects and syndication deals. This is in comparison to the fees of Rs 6.84 crore earned during 2009-10 out of TEV, vetting of projects and
Deposits - Domestic - Overseas Borrowings
26.60% 25.78% 29.33% 67.10%
Global Advances
Particulars End March 2010 (Rs crore) 1,75,035.28 1,31,643.62 43,391.66 End March 2011 (Rs crore) 2,28,676.36 1,69,407.86 59,268.50 Growth
Advances - Domestic - Overseas
30.65% 28.69% 36.59%
Wholesale Banking
A strong corporate credit culture and consistent growth in credit way above the banking industry average have been the key differentiators of Bank of Baroda. The Banks Wholesale Banking Division offers a full range of loan products and services such as Term Loans, ShortTerm 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 customers risk profiles and specific needs. Based on the superior product delivery, passionate service orientation, timely and speedier sanctions with a customercentric approach, the Bank has made significant achievements into providing an array of Wholesale Banking products and services to several multinationals, domestic business houses and prime public sector companies. The Wholesale Banking Department started the year 2010-11, with a motto -- Year of Strengthening Corporate Relationship
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also Syndication deals. The Division finalized 15 syndication deals during the year as against three deals during the last year. Furthermore, the fee receipts during the year have increased to Rs 14.67 crore as against Rs 3.98 crore last year. Out of the total booked Syndication fees of Rs 30.42 crore, the amount already received was Rs 14.67 crore and the balance amount of Rs 15.75 crore will be received during the year 2011-12.
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them in vital areas of credit administration across the branches/administrative offices, etc., for bringing in new blood and filling the vacancies arising out of attrition and retirement.
Retail Business
As in the past, the Retail Business continued to be one of the thrust areas for achieving business growth during the year 2010-11. The Banks performance during Financial Year 201011 under Retail Banking Segment is as under.
Marketing Efforts in Wholesale Banking

The Department is planning to have a full-fledged Market Intelligence Unit and a vibrant Marketing Team to target newer companies from the perspective of significant business opportunities, especially in loan syndication. The Project Finance Division attached to the department has been tracking the Projects Today database on a regular basis and identifying upcoming projects. The Relationship Officers identified to handle various states of India and attached to Wholesale Banking Department are also on the move to their respective states to have a continuous liaison with the existing units and to help the Zonal Offices in those states in targeting the new customers.
Growth under Retail Lending

Retail Loan outstanding was Rs 32,434.84 crore as on 31st March, 2011, as against the level of Rs 24,247.71 crore as on 31st March, 2010. A growth of 33.76% (Rs 8,187.12 crore) was registered during 2010-11 as against a growth of 23.53% (Rs 4,619.76 crore) registered during the previous year. The growth under five key products (excluding LABOD/ODBOD etc) was 21.56% (Rs 4,094.72 crore) over the level of Rs 18,992.00 crore at end-March, 2010. During the same period of 2009-10, growth under the five key products was 22.65% (Rs 3,507.36 crore) over the level of Rs 15,484.63 crore as of end-March, 2009.
Other Initiatives
Additionally, the Banks Wholesale Banking Division took the following initiatives during 2010-11 to strengthen this portfolio further. 1) A substantial improvement was brought about in communication channels between the Corporate Office and Operating Units of the Bank by creating separate e-mail IDs for different purposes like agreement in principle, modifications and submission of credit proposals, etc. A dedicated focus was given to upgradation of skills and knowledge levels of officers working in the Department including the new campus recruits. A thrust was placed on regular grooming of Credit Officers and Forex Officers to handle the credit portfolio of large number of branches. A Plan was made to open additional Corporate Financial Services branches in North Mumbai, Greater Noida and Surat. The Department closely tracked the Mid Corporate segment accounts by identifying the segment as a separate line of business. It is now proposing to open 14 exclusive Mid-Corporate branches during the year 2011-12, for which licenses were obtained from the RBI. The Department organized several customers meeting and one-to-one meetings between the Corporates and the Members of Top Management of the Bank to have first-hand information on their business and credit requirements. The Department took active interest in recruiting specialized officers from campuses and Institute of Chartered Accountants of India (ICAI) and placing
NPA under the Retail Loan

The amount of Non Performing Assets as on 31st March, 2011 under Retail Loan was Rs 579.83 crore (1.79%) as against the level of Rs 511.77 crore (2.11%) as on 31st March, 2010.
Savings Bank Deposits

The Banks Domestic Savings Deposits stood at a level of Rs 62,959.07 crore as on 31st March, 2011 registering a growth of 22.83% (Rs 11,702 crore) over the level of Rs 51,257.55 crore as on 31st March, 2010.
2)
Initiatives in Retail Banking during 2010-11

New Products Launched
3)
4)
A new Retail Asset Product styled as Baroda Traders Loan against the Security of Gold Ornaments/ Jewellaries was launched during 2010-11. Also, its variant termed as Baroda Advance against Gold Ornaments /Jewellaries was launched at all Metro and Urban branches of the Bank. A Retail Asset scheme under Baroda Personal Loan styled as Baroda Loan to Retirees for Pension Option was introduced on 4th December, 2010 for a limited period up to 11th December, 2010. Education Loan Interest Subsidy Scheme for students belonging to Economically Weaker Sections was launched as per the directives of Ministry of Human Resource Development, Government of India. A new Term Deposit Product styled as Baroda Utsava Deposit Scheme for 444 days was introduced on 15th October 2010 at the interest rate of 8.10% which was revised from time to time and last increased to 9.35% with effect from 1st March, 2011. A fresh deposit of Rs 19,918 crore was mobilized up to end-March, 2011 under the product.
5)
6)
7)
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Two new Retail Liability Products under Savings Bank Segment styled as Baroda Pensioners Savings Account and a Life Insurance linked Savings product styled as Baroda Jeevan Suraksha Savings Account under a tie-up arrangement with IndiaFirst Life Insurance Company were launched on 15th January, 2011.
the first quarter of 2010-11 and now the total number of Gen Next Branches is eight.
Five new Retail Loan Factories at Karol Bagh New Delhi, Raipur, Ludhiana and Nasik were opened during 201011, whereas one existing RLF at Jodhpur was closed. With this the total tally of the Banks Retail Loan Factories (RLFs) is 35. Existing accounts of Home Loans and Education Loans were also brought into the ambit of Group Credit Life Insurance Cover under the tie-up arrangement with Kotak Life Insurance and IndiaFirst Life Insurance with effect from 31st December, 2010.
Wealth Management Services

As a part of customer centric measures, the Bank has been providing Wealth Management Services to its high net worth (HNI) and affluent customers as a Total Financial Solution at one place since June 2004. At present, the Bank provides through the network of its branches, various third party products in Life Insurance, Non Life Insurance including Health Insurance, Mutual Funds and Equity Trading under the tie-up arrangements with different partners. Moreover, during the last couple of years, the Bank has formed two joint ventures (JV) with the leading international brands in the Mutual Fund and Life Insurance segments. Baroda Pioneer Asset Management Co. Ltd., a joint venture in Mutual Fund in association with Pioneer Investments of Italy, and 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 market with encouraging performance even in the initial stages of their business. The extension of ASBA (Application Supported by Blocked Amount) facility (i.e., the supplementary process of applying in IPO/FPO/Right issues) to 2,100 more branches during the year, has enabled almost all branches to provide the additional value added services to its customers. This is a step further in our endeavor to protect customers interest and provide them with new services. The Bank also launched during the year an on-line ASBA Facility for its Net Banking customers, which provides the convenience of a simple, instant, secure and 24x7 facility to apply for IPO/FPO/NFO to the Barodaconnect (i.e., the Banks internet banking platform) customers from the comfort of their homes/residences. The Bank has also established Baroda Gold Lounge in 13 select strategically located branches, which are distinct dedicated spaces to provide par excellence investment advisory services to HNI customers of the Bank. Initiatives taken by the Bank under the Wealth Management Services have started contributing encouragingly to its non-interest income.
New Retail Liability Products
Business Initiatives
To mobilise low cost deposits aggressively, a Savings Bank Deposit Campaign was launched on 21st June, 2010 for the period of three months. An amount of Rs 1,944 crore as fresh Savings Bank Deposit was mobilized during this campaign. A second Savings Bank Deposit Campaign was launched from 1st December, 2010 to 31st March, 2011, which generated a fresh Savings Bank Deposit to the tune of of Rs 3,081 crore under 1,014,589 accounts. For augmenting Retail Loan Portfolio, a Retail Loan Festival Campaign was launched from 1st October, 2010 to 31st December, 2010. During the campaign, a total of Rs 1,218 crore was disbursed under both Home and Auto Loans. Another Retail Loan Campaign specially focused on Home Loans and Auto Loans was launched from 1st February, 2011 to 31st March, 2011. A fresh business of Rs 891.74 crore was generated during this campaign. To increase the attractiveness, maximum period of deposits under Recurring Deposit and Yatha Shakti Jama Yojna were increased to 120 months from the existing 36 months. Interest Rate Structure on Car Loans was revised from Quantum Based Interest Rates to Tenor Based Interest Rates with effect from 1st September, 2010. To facilitate the borrowers, an Online Auto Loan Application Module was made live with effect from 9th August, 2010. A Tie-up Arrangement was made with IndiaFirst Life Insurance Company for providing Life Insurance Cover to the Banks Home Loan borrowers. A Reward & Recognition Scheme for the Banks staff under Group Credit Insurance scheme in a tie-up arrangement with Kotak Life Insurance and IndiaFirst Life Insurance was initiated with effect from 1st October, 2010. The Bank opened a new Gen-next branch in NOIDA during
MSME Business
The Micro, Small and Medium Enterprises (MSME) segment is a vital component of Indian economy. This sector accounts for around 40.0% of total industrial production, 34.0% of industrial exports and 95.0% of industrial units and 35.0% of total employment in manufacturing and service sectors of India. The contribution of services sector within the SME segment is
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was normalized during the year 2010-11.
2010 -11
The Bank took the following initiatives in its SME business segment during the year under review. Initiatives in MSME Financing During 2010-11 1. During this year, the Bank introduced five new customercentric, area-specific products to suit the local cluster needs along with the renewal of eight existing customer-centric area-specific products. The Bank sponsored a workshop on Management Skills to Source Financing and Management of Technology by SMEs for entrepreneurs organized by the AIMA at Faridabad. The Bank introduced Protrack -- an e-tracking system for the SME credit proposals with a view to have control over the turnaround time. The Bank celebrated SME Festival from 1st January 2011 to 28th February 2011 in order to give boost to SME advances. Some concessions in the rate of interest and service charges were announced for loans sanctioned during the celebration period. The Bank participated in the Workshops arranged by CGTMSE on Bank Credit to Micro & Small Enterprises and the Role of Credit Guarantee. The Bank accorded higher importance to Increase the flow of credit to MSME with a special emphasis on Micro Enterprises. The Bank focused on collateral free credit under the CGTMSE scheme through a special campaign. The Bank achieved total customer relationship through enhanced cross selling, locational meetings, involvement of trade bodies at the national and state levels. The Bank placed emphasis on continuous knowledge updating and skill building of processing/marketing officers attached to its SME factories with the help of external and internal training outfits.
2.
Shri M.D. Mallya, Chairman & Managing Director addressing SME Customers at Varanasi quite significant, especially the IT enabled services, hospitality services, tourism, couriering, transportation, etc. To give a focused attention to emerging SMEs in India, the 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, the Bank has launched a special and novel delivery model, viz. SME Loan Factory, which at present, is made operational in 36 centres of the Bank and well accepted in the market place. The SME Loan Factory is an innovative model for streamlining processes and for timely sanction 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 the branches. Going by the past success, the Bank is planning to open more such loan factories in the ensuing year. The Bank has SME Loan Factories at all major business centres across the country, viz. Agra, Ahmedabad, Bangalore, Bareilly, Baroda, Bhilwara, Bhubhaneshwar, Bulsar, Chandigarh, Chennai, Coimbatore, Dehradun, two Factories in Delhi, Hyderabad, Indore, Jaipur, Jamshedpur, Jamnagar, Jodhpur, Kanpur, Kolhapur, Kolkata, Lucknow, Ludhaina, 3 Factories in Mumbai, Nagpur, Nashik, Pune, Rajkot, Raipur, Surat, Varanasi and Vishakhapatnam. These SME Loan Factories together sanctioned loans aggregating Rs 14,530 crore during 2010-11 as against Rs 11,071 crore in the previous year.
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4.
5.
6.
7. 8.
9.
Rural and Agricultural Lending

The Bank has always been a frontrunner in the area of Priority Sector and Agriculture lending, harnessing the vast potential of the rural market through its wide network of 1,171 rural branches
Growth of Business
The total outstanding in MSME Sector works out to Rs 27,365 crore as on 31st March 2011. The growth in lending to MSME Sector during the last three years is given in the table below. Year 2008-09 2009-10 2010-11 Growth (%, YoY) 24.18% 43.98% 29.63%
The percentage growth of MSME credit during 2009-10 was relatively high as the advances up to Rs 20 lakh to Retail Trade were classified for the first time under the Micro & Small Enterprises Sector in 2009-10, in line with the RBIs revised guidelines issued during September, 2009. The growth rate
Bank organised a Mega Credit Camp at Bardoli, Surat.
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and 832 semi-urban branches. The Bank has opened 157 new branches in rural and semi-urban areas during 2010-11. The Bank is the convener of the State Level Bankers Committee (SLBC) in UP and Rajasthan. The Bank also 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). Moreover, there are five Bank sponsored Regional Rural Banks (RRBs) in various states with a network of 1,223 branches and total business of Rs 18,800 crore as of end-March, 2011.
5.
Baroda Grameen Paramarsh Kendra (BGPK) was another initiative undertaken by the 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. The Bank established 52 BGPKs as on 31st March, 2011. Furthermore, eleven more Baroda Swarojgar Vikas Sansthan (BSVS), Baroda R-SETI centres were opened during the year under review. With this, the total number
6.
Performance of Priority Sector Lending in 2010-11

Priority Sector Advances of the Bank surged from Rs 48,552.36 crore as at the end-March 2010 to Rs 57,363.60 crore as at the end-March 2011 and formed 43.57% of the Adjusted Net Bank Credit (ANBC) against the mandated target of 40.00%. Agriculture Advances (both direct and indirect) of the Bank recorded a growth of 13.47% over the previous year and rose to Rs 24,529.22 crore as at end-March 2011. However, the Banks lending to Direct Agriculture depicted a stronger growth of 28.72% (y-o-y) to Rs 17,157.83 crore during 2010-11. Under its flagship agriculture loan product Baroda Kisan Credit Card, the Bank issued as many as 2,44,558 Credit Cards during 2010-11 to provide credit to farmers. The Bank financed as many as 2,72,415 new farmers during the year under review. As a part of its microfinance initiatives, the Bank credit-linked 19,257 Self Help Groups (SHGs) with an amount of Rs 163.77 crore during 2010-11, thereby taking the total number of SHGs credit-linked to 1,34,942 amounting to Rs 956.96 crore.
Inauguration of BSVS-Baroda R-SETI at Pant Nagar by Shri N. S. Srinath, Executive Director of BSVS went up to 36. Besides, Raebareli and Ajmer BSVS were created 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 the year 2010-11, around 42,212 youth beneficiaries were trained out of which 28,331 have established self-employment ventures. It is heartening to see that out of the total 79,442 beneficiaries trained by these centres so far, 50,035 have already established their self employment ventures.
Business and Social Initiatives

Besides posting a healthy business growth, the Bank undertook several initiatives during 2010-11 to harness the emerging opportunities for rural and agriculture lending. Some of them are mentioned below. 1. To augment its Agriculture advances, the Bank conducted special campaigns, viz. Kharif and Rabi campaigns for crop loans, under which the disbursements of Rs 2,317 crore and Rs 1,231 crore were made, respectively. Another Campaign for Investment Credit was also undertaken under which disbursements of Rs 993 crore were made. The Bank organized 3,323 Village Level Credit Camps and disbursed Rs 3,169 crore to 2,30,599 borrowers during 2010-11. The Bank identified 450 Thrust Branches across India to enhance Agriculture Lending which constituted 34.0% of the total Agriculture Lending as at end-March 2011. The 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. Moreover, suitable concessions in the rate of interest, service charges, etc., were allowed under these schemes to garner maximum possible business. As many as 22 area specific schemes were formulated to increase the lending to agriculture sector.
Financial Literacy and Credit Counseling Centres (FLCC)-SARATHEE

Based on the guidelines issued by the RBI, the Bank has established 18 FLCCs, christened as SARATHEE to impart financial literacy and credit counseling services to the needy people to help them avail financial services from the banking
2.
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Inauguration of FLCC Centre at Ajmer by Shri R.K. Bakshi, Executive Director in presence of Shri B.P. Kanungo, Regional Director, RBI, Jaipur
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system and also to provide counseling services to those who are under financial distress due to the debt burden. The Bank has opened these centres under its BSVS trust. Free counseling services are being provided to the concerned free of cost. The Bank opened 14 new FLCCs during 2010-11, taking the total number of FLCCs to 18 as on end-March 2011. The Bank has firmed up a plan to open FLCCs in each of its lead districts in due course.
2010 -11
Business Facilitators Model

This model has been implemented across India to accelerate the process of Financial Inclusion of the excluded segment as well as to augment the Banks agriculture portfolio. Business Facilitators will mainly canvass loan applications for the Bank for which the Bank will pay them compensation. Individuals including retired bankers and Government employees, NGOs, farmers clubs and SHGs are engaged as agents to improve the Banks outreach in the rural and semi-urban areas.
Roll out of Financial Inclusion plan in Tonk District, Rajasthan 2,864 villages to the Bank, each having population more than 2,000 that are to be covered under the FI Plan by March 2012, of which 1,200 villages were targeted to be covered by March 2011. The Bank comfortably surpassed this target and extended banking services to 1,228 villages during the year 2010-11. The remaining villages are proposed to be covered in the year 2011-12. To reach out to such unbanked villages, two delivery channels have been adopted i.e. ICT based Business Correspondent (BC) Model which is based on the Application Service Provider (ASP) model with Biometric Smart Card based technology, wherein Business Correspondents visit villages with Point of Service (POS) devices for carrying out transactions. Under this model, the customers can operate their accounts using their Smart Cards though the biometric authentication. The second delivery channel adopted is Mobile Banking. Under this, the Mobile Vans move within a cluster of villages in close proximity to the Banks existing branches. The Vans with the Banks staff visit the identified villages during some fixed days in a week for providing banking services. At present, a Mobile van has been deployed in Charada branch of Mehsana, Gujarat and three more vans have been deployed at Allahabad, Varanasi and Bihar.
Micro Loan Factory

Additionally, the Bank has opened Micro Loan Factories at Raebareli and Sultanpur in U.P. The Micro Finance Loan Factory has a mobile van with facilities and all related stationeries/ documents on the SHG financing. It is manned by officers who are duly authorised to sanction and disburse loans up to Rs 25,000 to SHGs on the spot and at their doorsteps.
Performance of RRBs Sponsored by the Bank

The Bank has sponsored five RRBs as under.
Baroda Uttar Pradesh Gramin Bank, Head Office: Raebareli. Baroda Rajasthan Gramin Bank, Head Office: Ajmer. Baroda Gujarat Gramin Bank, Head Office: Bharuch. Nainital-Almora Kshetriya Gramin Bank, Head Office: Haldwani. Jhabua-Dhar Kshetriya Gramin Bank, Head Office: Jhabua.
The aggregate business of these five RRBs rose to Rs 18,803.05 crore as of end-March, 2011 from Rs 16,244.41 crore as at end-March, 2010, registering a year on year growth of 15.75%. The five RRBs together posted a net profit of Rs 116.53 crore during 2010-11 as against Rs 118.93 crore earned during 2009-10. The Net Worth and the Reserves and Surplus of all these RRBs put together improved from Rs 609.12 crore at end-March, 2010 to Rs 729.96 crore at end-March, 2011 and from Rs 354.43 crore at end-March, 2010 to Rs 452.68 crore at end-March, 2011, respectively.
Banks efforts towards Financial Inclusion

The Bank has formulated a three-year Financial Inclusion (FI) Plan as per the RBI guidelines issued in 2010 that was approved by the Banks Board. However, keeping in view the mandate given by the Government of India, the SLBCs allotted
Shri M.D. Mallya, CMD launched the Financial Inclusion Mobile Van at Lucknow to provide banking services. As per the directive of the Government of India, the Banks Chairman and Managing Director, Executive Directors and Corporate General Managers have been visiting the villages
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under the FI Plan regularly to oversee the implementation and progress of the Banks FI mission.
Advances to SC/ST Communities during 2010-11

The outstanding advances granted by the Bank to SC/ST communities have been growing healthily year after year. This is evident from the fact that the outstanding advances granted to these beneficiaries went up from Rs 3,100 crore as at endMarch, 2010 to Rs 3,760 crore as at end-March, 2011. In fact, the SC/ST communities accounted for a share of 28% in the total advances granted to Weaker Sections during the year under review. Furthermore, a special thrust is laid by the Bank in financing SC/ ST communities under various government sponsored schemes namely Swaranjayanti Gram Swarojgar Yojana (SGSY), Swarna Jayanti Shahari Rojgar Yojana (SJSRY), Prime Minister Employment Generation Programme (PMEGP), etc. It is heartening to note that the Baroda Swarojgar Vikas Sansthans (BSVS) have been giving due preference to SC/ ST communities while selecting the trainees. So far, these centres have trained 29,721 youths under the SC/ST category of which 18,735 have already established their self employment ventures.
The Bank kept continuous watch on economic, social and political developments around the world to safeguard its business interests. The business model was aligned and risk management functions were further strengthened to take care of any shocks in the ever-changing international scenario. The overseas branch network was further expanded to 85 branches/offices offering further opportunities for generating profitable growth of business.
Business and Profit Performance

During 2010-11, the total business (Deposits + Advances) of the Banks Overseas Branches registered a growth of 32.51% (y-o-y). The Customer Deposits increased by 23.44%, Total Deposits by 29.33 % and Advances by 36.59%. The International Operations contributed 24.6% to the Banks global business as on 31st March, 2011.
Total Assets
Total Assets of the Banks International Operations increased from Rs 68,375 crore to Rs 91,273 crore registering a growth of 33.49% during the year.
Net Profit
The Gross Profit for the year 2010-11 registered a healthy growth of 23.94% over the level of previous year. The Net Profit, however, declined by 7.32% due to an unfavourable statistical base effect. During the year 2009-10, the Net Profit had increased sharply because of the reversal of provisions made under Mark to Market of Investments. The contribution of international operations to the Banks Total Net Profit stood at 19.15% during 2010-11.
International Business
The improvement in global economic scenario, strong economic revival especially in the advanced countries and a substantial growth in the International Trade flows supported growth of business and profitability of International Operations. The Bank leveraged on its long experience of international banking, strong and loyal customer base, time-tested business model, technological initiatives to live up to its position as the Indias International Bank.
Asset Quality
Consistent with its past practices, the Bank took all the necessary safeguards at the time of asset creation and ensured monitoring of assets on an ongoing basis to be in readiness for any eventualities in the economic scenario around the world. The accounts restructured in previous years as per the RBI norms were continuously monitored during 2010-11 to ward off any deterioration in the asset quality. In NPA accounts, there were continuous efforts for upgradation/recoveries as per the norms in the country of operation. As a result, the Gross NPAs to Total Advances were contained at 0.62% as on March 2011. The Net NPAs too were modest at 0.19%.
Inauguration of Branch Auckland, New Zealand by Shri Namo Narain Meena, Honble Minister of State for Finance, GOI in presence of Shri M. D. Mallya, CMD. During 2010-11, there was a better than expected growth in the business and profits of the Banks International Operations. The asset growth was further assisted by Foreign Currency requirements of Indian Corporates for their overseas expansion, and, also, to take advantage of the difference in cost of resources. To meet the requirements of borrowers, the Bank raised Foreign Currency resources in timely fashion at overseas centres at the finest terms supported by the Banks strong credit story.
International Presence
With the commencement of operations in New Zealand, the Bank extended its overseas presence to 26 countries with 85 branches/offices as under. Banks Overseas Branches Banks Representative Offices Branches of Banks Overseas Subsidiaries Total 54 3 28 85
In addition to the above, the Banks associate in Zambia has 12 branches.
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Overseas Expansion
During the year 2010-11, the Bank opened seven new branches/ offices (including the ones for its overseas subsidiaries). A branch was opened at Ilford, Essex (U.K.) and five Electronic Banking Service Units (EBSUs) in UAE at RAKIA, Ras Al Khaimah, Al Qusais, Dubai, Sh. Zayed Road, Dubai, Al Karama, Dubai and National Paints, Sharjah. The subsidiary in New Zealand Bank of Baroda (New Zealand) - commenced operations with the opening of branch at Auckland.
2010 -11
Treasury Module as per the requirements of the country of operation. Implementation of a Centralized SWIFT activity was completed and made operational from the Banks Data Centre in Mumbai. Except UK and US Territories, all Territories/Subsidiaries have started routing their Swift operations through the SWIFT Cell, Data Centre. The XMM application was implemented in the place of SAM and PC Connect. The Payment Messaging System too was implemented. It is a middleware between Core Banking Solution (Finacle) and SWIFT which helps in Straight-Through-Processing of incoming and outgoing SWIFT messages with Anti Money Laundering check. The same was implemented in all the overseas territories/subsidiaries except in UK and USA. The Anti Money laundering Erase (Batch mode) was implemented in all the overseas centres except, Belgium and USA. Anti Money Laundering Online List Matching Solution too was implemented at all the centres of the Bank except USA.
Future Plans in Overseas Business

In order to serve the ever increasing expatriate Indian population and corporates around the world and canvass more diversified business for the Bank, ambitious overseas expansion plans have been drawn by the Bank. It proposes to further expand its network by opening additional branches in countries where it is already present, and, also wants to enter new territories. Steps have been initiated for opening of two branches and two EBSUs in UAE, one branch in Oman and one branch in Mauritius. The work related to the opening of eight new branches of the subsidiaries is at an advanced stage. The subsidiaries in Uganda, Kenya and New Zealand will be opening two branches each and in Botswana and Guyana, one additional branch will be opened. The Banks applications for setting up of a subsidiary in Suriname and Canada, opening of a branch in Qatar and upgradation of a Representative Office in Australia to a branch are under process by the host country regulators. The Bank has already initiated steps for identification of new centres for overseas expansion.
E-Banking
The Bank has made View based E-Banking available in its operations in Fiji, Oman, Tanzania and UK. The Bank has implemented Transaction-based Internet Banking in Uganda, Botswana, UAE, New Zealand, Kenya, Mauritius and Seychelles. The Bank has firmed up its plan to cover all the remaining overseas centres under this facility during 2011-12.
Syndication Centre
The Banks Global Syndication Centres at London and Dubai, supported by the Offshore Banking Unit at Singapore and other branches in major financial centres, are actively catering to the needs of Indian and local corporates for Foreign Currency funds. The International Merchant Banking Cell (IMBC), set up at the Banks Corporate Office, Mumbai, plays an active role in the business on account of raising of substantial resources by Indian Corporates. The IMBC now actively participates in the loan origination.
Risk Management in Overseas Operations

The Bank has put in place an appropriate risk management system, comprising of necessary elements of active Board and senior management oversight, adequate policies, procedures and limits, adequate management information systems and comprehensive internal control for risk identifications, risk measuring, risk monitoring and risk control for its overseas operations. The Bank has implemented BASEL II guidelines in all the Overseas Territories with effect from 31st March, 2008 and has adopted Standardised approach for Credit Risk, Standardised Duration Method for Market Risk and Basic Indicator Approach for Operational Risk. To prepare for the adoption of the advanced approaches, the Bank has developed customized BOB RAM internal Rating Module for its UK and UAE territories, covering major portion of the overseas business. In a phased manner, the BOB RAM will be introduced in all the other territories. The Bank has posted highly skilled and qualified Risk Managers in all the major overseas territories, to put in place the requisite risk management practices in overseas operations and to comply with the extant guidelines of host and home country regulators.
Products and Services

After implementation of the Core Banking Solution in its overseas operations, the Bank launched various new products and services to meet the requirements of diversified groups of customers. New products, developed after extensive market research, have found wide acceptability with local population.
Technology Upgradation in Overseas Operations

The number of ATMs at overseas territories and subsidiaries increased to 68 (42 onsite and 26 offsite) as on 31st March, 2011 from 55 (36 onsite and 19 offsite) as on 31st March, 2010. Global Treasury Solution was implemented at the Banks operations in UK, UAE, Bahamas, Bahrain, Hong Kong, Singapore and Belgium. The Banks subsidiary in Uganda has also initiated process for implementation of
Regulatory Compliance
The compliance structure of the Bank is based on the extant guidelines of the home countrys regulator. All the overseas
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territories have put in place the centre-specific compliance policies consistent with the corporate compliance policy of the Bank. A compliance function is being carried out by the designated compliance officer in the territory. The Bank scrupulously follows all the Anti Money Laundering and Know Your Customers guidelines of the Host and Home country regulators.
Treasury Operations
The global economic scenario presented a mixed picture during 2010-11. While growth in emerging market economies (EMEs) remained strong, it was on an upswing in the US and the Euro areas. However, the sharp increase in oil prices during the course of the year as a result of the events in the Middle East and North Africa added tremendous uncertainty to the pace of global recovery. Coupled with rising prices of food and commodity, the spike in oil prices significantly heightened the inflationary concerns. Balancing the concerns on twin challenges of taming inflation and managing economic growth, the RBI started hiking policy rates since March 2010. During the year 2010-11, the RBI cumulatively hiked the repo rate by 175 bps and the reverse repo by 225 bps, albeit in a calibrated fashion. The advance estimate of the GDP growth for 2010-11, given by the Central Statistical Organisation, Government of India is at 8.6%. The benchmark 10 year G-Sec yield moved touching a high of 8.25% and a low of 7.37% with an average yield of approximately 7.90% during the year under review. Against this backdrop of rise in yields and rate hikes, the Bank Treasurys focus was to enhance the overall yield on its SLR portfolio. The average yield on Domestic SLR investment portfolio for the year was 7.68%. Keeping in view the macro economic situation, the Modified Duration of SLR investments under Available for Sale category was kept at 2.62 years. During the year, the Bank earned Rs 4,645.83 crore by way of Interest/Discount earned on Investments, Rs 457.24 crore as Profit on Sale of Investment and Rs 307.61 crore as Foreign Exchange earnings. The Treasury actively utilised the market movements and used the Overnight Index Swaps and INBMK Swaps for hedging and trading opportunities. The Treasury offers customized solutions using available instruments viz. IRS, CIRS, Forwards & Options to meet Interest Rate and Foreign Exchange Risk Mitigation requirements of corporate clients. The Treasury actively tried to benefit from the arbitrage opportunities available between various asset classes including Money market, CBLO, Market Repo, Government Securities and resources generated through the USD/INR swaps. During the year under review, the Treasury mobilized long term resources for the Bank through a mix of Upper Tier II and Perpetual Bond instruments. The total amount raised was Rs 2,211.50 crore in four tranches at the finest terms supported by the Banks strong credit story. Post financial crisis of 2008, the Indian economy showed strong growth for a second consecutive year. However, the Industrial production slowed down in the second half of 2010-11 impacted by the rising input cost pressures. There were robust FII inflows in the first half of the financial year 2010-11. Reflecting the
investor confidence, the BSE Sensitive Index touched a high of 21,108 during the year. However, the equity investors booked profits and there was a net FII outflow in the last quarter of 201011 on account of events in the Middle East and North Africa, high oil prices and continuing inflation. Taking advantage of the market movements, the Equity Desk of the Banks Treasury actively churned its portfolio and recorded good profits. During the year, the Banks Equity Desks turnover increased by more than 60.0% over previous year, and it doubled its profit over the corresponding period. The Foreign Exchange Desk of the Banks Treasury too retained its prominence as a key market maker in the Indian Banking Industry. The Proprietary trading desk was active in encashing the arbitrage between the Futures and OTC markets. The Foreign Exchange Desk was able to manage the volatility efficiently with more than 25.0% increase in the turnover in both the Inter-Bank and Merchant Desks. The Inter-Bank to Merchant Forex turnover ratio for the Bank was 8.28 against Market ratio of 2.85.
New state-of-the-art Specialised Treasury Branch at BST. Executive Director Shri R. K. Bakshi lighting the lamp and Executive Director Shri N. S. Srinath undertaking live deals During the year 2010-11, the Bank inaugurated a new State of the Art Dealing Room at Baroda Sun Tower at its Corporate Office in Mumbai. Through this new Dealing room, the Bank is well positioned to scale up its Treasury Operations in the coming years. The Treasury handles the Banks Domestic Treasury Operations and covers activities in various markets i.e. Foreign Exchange, Interest Rates, Fixed Income, Equity and other alternative assets. The advanced technology platforms are being used by the Bank to offer a basket of financial products to its clients including Interest Rate and Currency Swaps, Forwards and Options. Through the enhanced Automated Dealing System, the Bank is able to offer auto generated real time foreign exchange rates to its clients through the authorised branches in India. Under the Business Process Reengineering (BPR), the Bank has successfully implemented a Global Treasury Solution across major financial centres. The Global Treasury Platform is running smoothly in Mumbai, Europe (London and Brussels), Dubai, Bahrain, Singapore, Bahamas and Hong Kong. During the year 2010-11, the roll out of the Global Treasury Platform was initiated in the Banks New York operations. The Treasury Mid Office monitors market exposures and limits fixed by the Banks Board of Directors on real time basis. The
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Risk Management measures such as Value at Risk (VaR) is used to measure Market Risk on all portfolios. These measures are backed up by the Back Testing on risk numbers and Stress Testing of portfolios.
2010 -11
A close monitoring and follow up systems for recovery of NPA together with a well-defined mechanism to catch early warning signals to prevent slippages has helped the Bank to maintain its NPA at the lowest possible levels. In spite of higher slippages observed in general in the Indian banking industry because of continuing adverse effects of economic downturn and high volatility in the financial indicators, the Bank could restrict its Gross NPA to 1.36% of Gross Advances as at 31st March, 2011 the same level as in the previous year. Even its Net NPA ratio was contained at 0.35% as at 31st March, 2011 versus 0.34% as on 31st March, 2010. The Banks outstanding performance in the asset quality management was reflected in the modest level of incremental delinquency ratio at 1.09% in 2010-11 as against 1.17% in 2009-10. This ratio is measured as Additional Delinquencies as a per cent of the Opening Standard Advances of the Bank at the beginning of the year. Consistent with its past record, the Bank maintained higher Loan Loss or Provision Coverage Ratio against its NPA portfolio than the mandatory norm of 70% set by the RBI. The Banks NPA Coverage Ratio as on 31st March, 2011 was 74.91% as against 74.90% as on 31st March, 2010. The Loan Loss or Provision Coverage Ratio taking into account the technical write-offs worked out to 85.0% as on 31st March, 2011 as against 87.0% as on 31st March, 2010. The Bank also adopted a strong follow-up mechanism for speedy recovery/resolution of its NPAs by expediting the legal action as well as through the compromise/OTS route. This strategy yielded the Bank Cash Recovery of over Rs 455.49 crore during 2010-11 as against Rs 383.27 crore during the previous year. This is over and above Rs 189.17 crore in accounts upgraded to Standard Category during the year under review. Furthermore, Cash Recovery from the Prudentially/ Technically written off accounts amounted to Rs 272.65 crore during 2010-11. The Banks experience in effecting speedy recovery in smaller accounts with balance outstanding of up to Rs 10 lakh through its special drives was highly rewarding. For instance, a Campaign SANKALP-3 launched during the year under review resulted in the Cash Recovery of over Rs 77.78 crore. The Bank also launched special OTS scheme for its SME accounts with balance outstanding up to Rs 10 crore, viz. SME OTS 2010. This scheme was also very successful and resulted in the Cash Recovery of over Rs 53.18 crore. The Banks consistent performance in delivering the best Asset Quality in the Indian banking industry is borne out by the table given below. (` crore) Asset Category (Gross) 31st March 2011 Standard 2,28,173.03 Gross NPA 3,152.50 Total 2,31,325.53 Gross NPA is comprising of: Sub-standard 1,097.23 Doubtful 1,336.64 Loss 718.63 Total Gross NPA 3,152.50 31st March 2010 1,74,736.43 2,400.69 1,77,137.12 894.83 743.22 762.64 2,400.69
Corporate Social Responsibility (CSR)

Like in business, the Bank aspires to score high on Corporate Conscience. As a responsible corporate citizen, it is the vision of the 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, the Bank further intensified its efforts in this direction during the year 2010-11.
Our Corporate Social Responsibility initiatives - Efforts to make a difference to the society at large The 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 the local economies from where they operate. So far, 36 such Santhans have been established by the Bank in which more than 79,000 young persons have been trained and around 50,000 have been gainfully self employed. The 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 masses on various financial and banking services and to speed up the process of financial inclusion, the Bank has also established 14 Financial literacy and Credit counseling Centres (FLCCs) during the year 201011 taking the total number of FLCCs to 18.
Asset Quality Management

Bank of Baroda has rightly earned a reputation for excellence in the Asset Quality management. Even during the year 201011, the Bank was able to maintain the best asset quality in the Indian banking system by smartly and strategically managing its Non Performing Asset (NPA) portfolio.
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Information Technology
2010 -11
The Bank has adopted a total end-to-end business and IT strategy project covering the Banks domestic, overseas and subsidiary operations. The key features of the Banks Technology Infrastructure are as follows.
shopping. The view-based internet banking has also been implemented overseas in Oman and Tanzania. The Bank has implemented a Fraud Management Solution for two factor authentication for e-banking transactions in India. The roll out in International Territories will synchronize with the roll out of new versions of e-banking. The SMS Alerts Delivery gateway has been upgraded by the Bank for delivering Internet Banking alerts in India, UAE, Botswana, Uganda, New Zealand, Kenya, Mauritius and Seychelles. This will be further extended to all customers of the Bank shortly. Internet Payment Gateway services for debit cards/ credit cards are increasingly offered to merchants and internet shoppers as a safe and secure channel for online purchases. The Bank has made operational an ATM Switch in India, UAE, Oman, Mauritius, Fiji, Tanzania, Botswana, T&T and New Zealand. An integration with Paymark Switch in New Zealand National, Linx Switch Trinidad & Tobago, FIS switch in UK is planned to provide convenience to customers by increasing delivery points through ATMs covered under these switches. As a customer centric initiative, the Bank has implemented multiple accounts being linked to a single Debit Card (Verified by VISA, CVV2) and enabled e-Tax Payments through the ATMs. The Mobile ATMs have also been launched in Ahmedabad, Pune, Lucknow and New Delhi. Mobile Banking BARODA M-CONNECT has been implemented on a pilot basis in January 2011 and provides 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. Also, the Retail Depository Services are made available to the Banks customers. With a centralized depository application, branches are equipped to provide depository services for both the NSDL as well as CDSL. The Bank has launched an Online Trading System for Institutional Trading. The Online Trading for Retail is in its final stage of implementation and will be launched during the year 2011-12. The Banks Cash Management System is a full-function web-enabled cash management solution offered to the Banks customers, covering services like Receipt Management (Collections), Payment Management and Invoice Management (Receivable and Payable Management). The CBS branches of the Bank are enabled for interbank remittances through RTGS and NEFT. The RTGS and NEFT have also been interfaced with the Banks internet banking portal. The Straight-Through-Processing of NEFT inward messages have been implemented in July 2010. The SWIFT facility for worldwide inter-bank financial communication is provided at the Banks Foreign Exchange Authorised Branches in India as also in overseas territories.
All branches and extension counters of the Banks Indian operations are on the Core Banking Solution (CBS) platform. Additionally, during the year 2010-11, the CBS was implemented in Banks five Regional Rural Banks in record time covering 1,218 branches and three extension counters. As regards the Banks international operations, the CBS was implemented during the course of the year in New Zealand and Belgium territories. In all, 44 branches in thirteen overseas territories and 28 branches in eight overseas subsidiaries are on the CBS covering 97.0% of the Banks overseas business. In April 2011, with the implementation of CBS in the Banks New York office, the entire overseas business of the Bank too was covered under the CBS. Moreover, the Banks IT setup has been developed for account opening process and transactions, both online and offline, to be carried out through the Business Correspondents thus enabling Financial Inclusion. The Mobile Van Banking too is launched by the Bank in Gujarat, UP and Bihar as a Financial Inclusion initiative. The Bank has built the best of technology infrastructure by implementing a state-of-the-art Data Centre conforming to the Uptime Institute Tier-3 standard and also a Disaster Recovery Site in different seismic zones with redundancy built in every single point of failure to ensure uninterrupted banking service delivery to customers. During the year under review, the Bank successfully migrated its existing Data Centre to a new Data Centre in Banks own premises, without disrupting the banking operations. Various Green IT initiatives are also taken by the Bank in its new Data Centre. The Banks Internet Banking facility (Baroda Connect) provides speedy and secured facility to transfer funds to self, third party (within the Bank) and inter-bank. Other facilities available are 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. State Tax payments, viz., Maharashtra Virtual Treasury, Maharashtra Sales Tax, Tamil Nadu Commercial Tax, Gujarat Cyber Treasury (Motor Vehicle Tax) have been enabled during the year. SMS Alerts, RTGS / NEFT transactions are also provided in the Banks internet banking portal. The 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 to apply for Equity Shares. Transaction based Internet Banking has also been implemented in Uganda, Botswana, New Zealand, UAE, Kenya, Mauritius, Seychelles and Fiji providing facilities such as funds transfer to self and third party, bill payments, corporate salary upload and online
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The Bank has implemented a Payment Messaging Solution (PMS) in its 20 overseas territories and also in all authorised branches in India. The PMS facilitates validation and formatting of SWIFT messages generated from the CBS as per the SWIFT standards, and also goes through the AML check. The Bank has also implemented a new Credit Card Management System. The SMSes for all types of transactions viz., purchases, e-com transaction etc. are generated online and e-statements are being sent to customers. The Bank has implemented an Integrated Global Treasury Solution in its territories like UK, UAE, Bahamas, Bahrain, Hong Kong, Singapore, Belgium and in India, reducing the cost of operations and better funds management. For improving the Banks service delivery, the Back Office functions have been centralised at City Back Offices and five Regional Back Offices (RBOs) have been set up at Baroda, Jaipur, Lucknow, Bhopal and Coimbatore. The roll out of Personalised Cheque Books has been implemented in the Banks five RBOs. The Bank has also developed modules for the centralised FCNR operations. The Bank has implemented the Automated Cheque Processing Centre (Inward & Outward) in February 2011 in its Service Branch in Mumbai on a pilot basis, as a part of the Business Process Re-engineering project. For regulatory compliance, the Anti Money Laundering (AML) has been implemented in India and 20 overseas territories. The Bank has also implemented Risk Management solution. The Enterprise-wide GL Solution (EWGL) has been implemented by the Bank on 13th December 2010 in all of its CBS branches (domestic & overseas). This provides variety of inputs to the Bank for strategic decision making in business development and also generates enterprise wide consolidated reports. The Centralised Payroll, Salary module, e-TDS module and Leave Module have been implemented for all the Banks offices in India. The Human Resource Networking for Employees Service has been implemented with the objective of creating a central database of Bank employees for facilitating decision-making, promotion and selection exercise as also for automating other HR processes. The Solar Power Generation System (SPGS) was implemented by the Bank during the year in some of its rural branches to ensure uninterrupted banking services to customers in rural branches. The SPGS is expected to provide an alternate source of energy through the UPS at branches that face acute power shortage or have large load shedding. A robust Information Security Management System has been put in place by the Bank to protect the technology against security threat.
2010 -11
Other major projects of the Bank like Customer Relationship Management, Data Warehouse/OFSA and Knowledge Management commenced during the year under review. While some phases of these projects are completed, some phases are still under implementation.
Future Plans in IT
The Bank has plans for consolidation of IT infrastructure by way of Server Virtualisation, Storage Virtualisation, Backup Consolidation, Desktop Virtualisation for more efficient utilisation of resources and to refresh and upgrade the existing IT infrastructure. The Bank also proposes to upgrade the ATM switch to handle increased volume of ATM transactions and more ATMs. The Bank has planned a Contact Centre Solution implementation to enhance customer experience. The Bank has planned additional customer-centric initiatives through internet banking, ATM and other delivery channels to make possible seamless and efficient services across multiple channels. As a part of the Banks Business Process Re-engineering exercise, it has strategically planned to centralise certain back office functions of the branches so as to facilitate conversion of branches into sales and service outlets. Five more Regional Back Offices at Delhi, Pune, Kokata, Jamshedpur and Mumbai have been planned to be set up during 2011-12.
E-business
The Banks E-business department provides for different types of Alternate Delivery Channels (ADCs) such as ATMs, Internet Banking (Baroda Connect), RTGS/NEFT, Phone Banking, Internet Payment Gateway (IPG) etc. In addition to this, the Department looks after Depository Services, Cash Management Services, NRI Services and Sale of Gold Coins. Following are the highlights of the performance of various sections under the E-Business Department during 2010-11.
ATM/DEBIT Card Operations

Particulars No. of ATMs operationalised No. of Debit Cards Issued 31/03/2010 1,315 45.95 lakh 31/03/2011 1,561 62.71 lakh
New Initiatives in 2010-11

a) b) Payment of taxes through ATMs. Cash withdrawal limit increased to Rs 25,000 per day from Rs 15,000 per day.
Baroda Connect (Internet Banking)

Particulars No. of Users No. of A/cs. Linked 31/03/2010 3,66,605 12,91,847 31/03/2011 5,73,575 21,90,700
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New Initiatives in 2010-11
a) b)
2010 -11
New Products to be Launched Shortly

1. 2. 3. 4.
th
Online subscription of IPO/FPO (ASBA) was enabled. Daily transaction limits were increased for the retail users.
Extension of Mobile Banking Pre-paid Cards Establishing Contact Centres at Baroda and Lucknow. Launch of different variants of Debit Cards: a) b) c) d) Platinum Debit Card Maestro Debit Card Combi Gold Debit Card Debit Cards for Biometric ATMs.
Phone Banking
a) b) The Bank introduced this facility on 19 March, 2009. The number of users registered under this facility as on 31st March, 2011 was 4,13,234 indicating a new addition of 1,70,464 users during 2010-11. On this facility, the per day average hits were more than 600.
c)
Baroda RTGS/NEFT
Particulars 2009-10 RTGS No. of Inward Transactions No. of Outward Transactions Avg Transactions per day (Inward) Avg Transactions per day (Outward) NEFT 2010-11 RTGS NEFT
As a customer centric initiative, the contact centres (Call Centres) are being established at Baroda and Lucknow.
Human Resources
Human Resource strategies have been a key component of the Banks 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. The Bank is endowed with a competent and highly motivated employee base of around 39,385 who are engaged in handling the mammoth business operations of the Bank. Some of the major HR initiatives taken by the Bank during 2010-11 were as follows.
8,85,527 15,83,158 13,98,612 34,24,515 12,93,970 4,774 6,516 6,61,923 19,25,969 14,88,661 7,674 3,105 5,793 7,235 17,035 8,015
Implementation of HR Technology
The Bank has created a very comprehensive HR technology platform covering HRM, Training, Payroll & Leave modules enabling automation of various functionalities. Various other modules too were continued to be implemented during the year.
Baroda Cash Management Services

During financial year 2010-11, the total number of transactions in BCMS were 10,08,000 with total turnover of Rs 11,027 crore. It is proposed to extend these services to 100 more centres in a phased manner.
HR Initiatives in Capability Building

Substantial training and developmental activities were carried out during 2010-11, which included comprehensive grooming programmes in the area of Credit, Forex Dealings, Branch Management, Planning, Risk Management, etc. besides allround development and grooming of young officers and new recruits. The Bank conducted 1,544 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 35,843 people during the year. Besides, the Bank also sent around 1,509 employees for undergoing training in various reputed external training institutes of the country and even abroad.
Non-Resident Indian (NRI) Services

Total NRI Deposits increased to Rs 17,578 crore as on 31st March, 2011 from the level of Rs 16,792 crore as on 31st March, 2010, reflecting a modest growth of 4.68% during the year. This year also the Bank participated in Pravasi Bhartiya Divas-2011 in January 2011 at New Delhi.
Baroda e-Gateway (Internet Payment Gateway)

As on 31st March, 2011, 52 Merchants were registered for this facility and total turnover was Rs 11.73 crore.
Sale of Gold Coins

The Bank started selling the gold coins since October 2007. At present, gold coins in denomination of 2gm, 4gm, 5gm, 8gm, 10gm and 20gm are being sold. During the year 201011, 1,08,743 gold coins weighing 730.01 kg were sold. A profit of Rs 9.23 crore was earned from this activity during the year 2010-11.
Leadership Development
Taking into account the critical need for building leadership competencies in people, the Bank has launched a comprehensive leadership development program Project UDAAN 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
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Review of HR Policies and Systems
2010 -11
A focused review of all major HR policies and schemes was undertaken during the year 2010-11 in order to bring about more employee friendly rules, ease of processes and more transparency.
Special Thrust on Development of SC/ST/Other Backward Communities

The 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. The 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 the Banks efforts for development and welfare of people belonging to SCs and STs are enumerated as under.
Reservation in Employment
Project Udaan- A comprehensive leadership development programme for developing leaders for the future inaugurated by Shri M.D. Mallya, CMD. unparalleled in the industry and first of its kind for an Indian state-owned Bank. The 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 the 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, the 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 the Bank is also reserved for SC/ST candidates. The staff strength and representation of SCs and STs as of 31st March 2011 is as under. Cadre Officers Clerks Substaff Total Total 15,759 15,628 7,998 39,385 SC 2,743 2,317 2,834 7,894 SC % 17.41 14.83 35.43 20.04 ST 1,024 943 724 2,691 ST% 6.50 6.03 9.05 6.83
Recruitment Drive
Various recruitment exercises were undertaken to address the emerging manpower requirements in the Bank. Recruitment of Specialist agricultural officers, probationary officers, recruitment of young MBAs direct from the campuses of renowned Business Schools were initiated in large numbers to meet the needs of the Bank, both in terms of replacements for normal attrition and factoring in the business growth needs. The Bank recruited 1,871 Officers in various Grades/Scales (both Generalists & Specialists), 1,131 Clerks and 632 Subordinate staff members, thereby inducting a total of 3,634 new employees in the Bank during the period 2010-11. The recruitment process would continue in the year 2011-12 also with various recruitment projects underway for filling up almost 2,000 posts of officers and 2,000 posts of clerks.
Framework for Career Progression

Special 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. Keeping this in view, a large number of promotion exercises were undertaken during the year 2010-11, the result of which are given below:
Sub-Staff to Clerk Clerk to Ofcer JM-I to MM-II (Ofcer to Manager) MM-II to MM-III (Manager to Sr Manager) MM-III to SM-IV (Sr. Manager to Chief Manager) SM-IV to SM-V (Chief Manager to Asstt. Gen. Manager) SM-V to TEG-VI (Asstt. Gen. Manager to Dy. Gen. Manager) TEG-VI to TEG-VII (Dy. Gen. Manager to General Manager) 302 519 1001 971 240 70 33 15
SC/ST Cell
An exclusive SC/ST Cell in the Bank has been set up to monitor the reservation and other enabling provisions for SC/ST employees in the Bank. An Executive in the rank of General Manager is appointed as Chief Liaison Officer for SC/
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2010 -11
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.
Creation of Brand Recall

The year 2010-11 saw the launch of the Reinforcement Campaign II using the Banks already recognized sub-brand Baroda Next - State of the Art Straight from the Heart. The twin objectives of this campaign were to remind the market of the product and services of the Bank, reinforced with a robust technological infrastructure for efficient and effective delivery and reach, and extend the scope of Baroda Next to a younger and tech savvy generation. The Bank, as a part of its strategy, created 360 degree campaign consisting of electronic, print, on-line, out-of-home, on-ground & in-branch activities which supported the Banks drive to make more customers using its retail products (Saving Bank/Current Account/Retail Loans) strongly supported by the alternative electronic delivery channels. The new Reinforcement Campaign II was innovatively designed using different forms of communication viz. animated characters weaving through real life sequences, attractively depicted with illustrations and pictorial presentations. The Bank felt that there was a need to move away from the regular photographic imagery of products and satisfied customers. The Bank came up with a revolutionary, eye catching visual element of a stick-man figure which was accepted by its stakeholders and was highly appreciated in advertising and banking industry. The success of the campaign, in terms of reach, impact and exposure was corroborated by the unaided feedback emanating from various target segments.
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, the Bank holds quarterly meetings with the representatives of SC/ST Welfare Association of our employees in the Bank. The Banks 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

The Bank established the Bharat Ratna Dr. Babasaheb Ambedkar Memorial Trust 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 Castes

The National Commission for Scheduled Castes visited the Bank on 17th March, 2011, had discussions and interactions and examined the level of implementation of policies and programmes. The suggestions and guidance of the Commission are being scrupulously observed by the Bank.
Marketing
During the year 2010-11, the Bank focused on coming up with a breakthrough marketing communication path. In view of the competitive environment and multiple messages, the advertisements of different banks get cluttered, which results in lack of differentiation in the communication. To conquer the cut-throat environment and capture the mind space of viewers, the Banks marketing communication focused on enhancing the recall value of the brand, thereby, providing absolute support to the field staff.
Product Support
During the year 2010-11, a number of product promotion campaigns were conducted to promote Retail Loans, Current Deposits, Savings 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 inbranch publicity through display of banners, posters, leaflets and promotional events at the ground level.
Focus on Selling
The City Sales Offices (CSO), along with Retail Loan Factory and SME Loan Factory, are envisaged to support the efforts of the branches in improving the sales performance under various product categories. As on 31st March, 2011, there are 26 CSOs operational across the country.
Other Marketing Endeavours

Shri M.D. Mallya, Chairman and Managing Director launching the Baroda-Next Reinforcement Campaign-II. Various on-ground activities undertaken by the Marketing Division greatly helped to broaden the Banks competitive edge by improving visibility, image, prestige and credibility. The Bank organized and participated in many promotional
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events. Some of the major events where Banks branding was enhanced included Pravasi Bharti New Delhi, Vibrant Gujarat Summit 2011, Mumbai Marathon, Polo Tournament, Vadodara Marathon, Mint, Annual Banking Conclave - Banking & Beyond New Challenges Facing India Financial System. The out-of-home media was also well leveraged to be on the radar of customers constantly.
2010 -11
President Zuma Award- For outstanding contribution to advancement of South Africa. 9th Jan 2011 at Durban IBA- Banking Technology Award 2011 - Runner UP- Award given by Dr APJ Abdul Kalam. Consumer Super Brands Award for one of the top brands of Indian Status- by Consumer Super brands Volume 3January 2010 DSIJ PSU Award for Excellence in performance and contribution to the Indian economy by the PSUs by Dalal Street Investment Journal - 6th April 2010 Silver Award by Dainik Bhaskar group (DNA) under its Annual India Pride Award 2010 Business India Best Bank Award- 2010 5th October 2010 National Award 2010 - for Excellence in the field of Khadi and Village Industries Central Zone for PMEGP. Bank of the Year 2010 (for India) by the Banker Magazine UK- London ABCI- Silver- Corporate Social Responsibility Column (Bobmaitri) ABCI- Silver- Bilingual Publication (Bobmaitri) ABCI- Silver- Indian Language Publications Akshayyam My FM Stars of the Industry Brand Leadership Award 2010
Out of the Box Thinking
The Bank came up with a completely innovative idea by developing a micro site to aid the Reinforcement Campaign II. The campaign objectives were to promote the usage of alternate delivery channels i.e. Internet Banking & ATMs and, also, to enhance the Banks image as a tech savvy bank. This medium is now being continuously used to promote lead generation for Retail Loan and Saving Bank campaigns. The animated Stick man figure has slowly evolved to capture the imagination of both the Banks internal and external stakeholders as the first of its kind in the Banking segment.
Awards and Industry Recognition for Bank of Baroda
Premises Re-Engineering and Ambience Enhancement

During 2010-11, the Bank made operational its second corporate building located in Bandra-Kurla Complex Mumbai that was constructed and fitted with latest gadgets and systems and with energy-efficient apparatus, christened as Baroda Sun Tower. Various important departments of the Bank like Treasury Operations, Project Office, Data Center, E Business, and BPR team moved to this new location along with some other support departments during the year Shri M.D. Mallya, CMD being awarded The Banker of the Year- 2010 by Dr. Manmohan Singh, Honble Prime Minister of India at New Delhi. The Bank has received several awards during 2010-11, for its consistent outstanding and all-round performance (both business & financial), superior management, dedication to excellence and contribution to rural economy and financial inclusion. Given below are a few select awards won by the Bank during the course of 2010-11. Additionally, the Lucknow Zonal Office premises were handed over to the Banks UPU Zone. The Zonal Office (UPU), Regional Office (Lucknow) and Zonal Inspection Centre Lucknow occupied the premises in May/June 2010.
Business Standard- Best Banker Award given by Dr Manmohan Singh to the Banks Chairman & Managing Director at New Delhi. Best SME Business Start-up Scheme Award in the Banker Middle East Product Awards 2011 ceremony held on 23rd March, 2011 at Emirates Towers in Dubai. Skoch Financial Inclusion Award- 2011
The newly constructed Zonal Office building of UPU Zone, Lucknow
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Similarly, the premises for Baroda Swarojgar Vikas Sansthan (BSVS) at Pantnagar has been completed and handed over to the UP Zone. The premises for branch office and currency chest at Vishva Karma Industrial Area (VKI) Jaipur were also completedl and handed over to the Banks Rajasthan Zone. Moreover, the Auditorium, with seating capacity of 1,000 plus seats, at Vadodara is almost complete and formalities for obtaining Occupation Certificate are under way. Around 15 branches of the erstwhile Memon Co-operative Bank Ltd. in Mumbai taken over by the Bank during 2010-11 were remodeled, refurbished and renovated to bring them at par with the branches of the Bank in Mumbai. During the year under review, 120 branches were sanctioned for refurbishment by Estate Management Department over and above the branches sanctioned by the Zones for refurbishment.
to redevelop Bhandup staff quarters building and construct about 200 flats and also initiate redevelopment process for the dilapidated Jogeshwari staff quarters to construct a building for residential and commercial use. The renovation of Bank of Baroda Institute of Information Technology (BOBIIT) Centre at Gandhinagar is also on cards so as to make optimum use of the available space at the centre. Renovation and face-lifting of Mumbai Main Office (MMO) has also begun along with the facelift for Parliament Street premises at New Delhi. In tune with the Banks policy to have its administrative offices in owned premises, the Bank has purchased plot of land at Jaipur and Indore for construction of commercial building. The Bank has also initiated process to acquire a plot of land at New Raipur in the State of Chhatisgarh for commercial purpose. The BCC Mumbai started functioning almost ten years back with a view to satisfy the needs of a span of a decade or so. Now, it has become necessary to redesign the seating arrangement and layout at BCC so as to accommodate the increased staff strength in all the departments in this building. Moreover, it has become necessary to consider a face lift of the Top Management floors and the Ground floor of BCC Mumbai so as to enhance the brand image of the Bank as Indias International Bank.
Other Initiatives in Estate Management

In tune with its philosophy to use the best technology for saving power and reducing expenditure, the Bank installed the Variable Air Volume (VAV) technology and Air balancing system in the Air Handling Units of the Heating Ventilation and Air Conditioning (HVAC) system at the Baroda Sun Tower (BST) situated at Bandra Kurla Complex (BKC), Mumbai. In the Baroda Corporate Centre (BCC) situated at Bandra Kurla Complex (BKC), Mumbai, sewerage water was passed through a Sewerage Treatment Plant (STP) and several litre of cleaned water was put to alternative use like gardening etc. In the canteens at BCC and BST, the Bank introduced a gasbased cooking system, instead of an electric power based cooking system and saved huge amount of electrical energy. Similarly the flow of water from various taps at BCC is monitored and the use is reduced to the minimum necessary, thereby, saving substantial amount of potable water every day. The Bank installed light sensors on all the floors and solar lighting and windmill at the Baroda Sun Tower, BKC Mumbai to save on electricity expenses. The process of energy audit at all corporate offices in Mumbai was also initiated for maximising energy efficiency.
Branch Network
Given below is the information on the Banks brick and mortar distribution channels as on 31 st March, 2011, 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) Metro Urban Semi-urban Rural Total Overseas Number of Branches 730 631 832 1,171 3,364 54 % Share in Total 22 19 24 35 100 --
Projects under Implementation
Commercial complex at Mylapore for Zonal Office and a branch are in the advanced stage of completion. Residential complex for constructing 29 flats for Executives and Officers at Cenotaph Road, Chennai is in progress. Construction of the residential complex at Janakpuri and East of Kailash, New Delhi has commenced operation. The administrative office and residential complex at Ghod Dod Road Surat are also in the advanced stage of completion. The work for administrative office and residential complex at Jamshedpur is in progress
Domestic Subsidiaries and Associates

The performance of Subsidiaries, Joint Venture & Associates of Bank of Baroda was satisfactory and in line with the expectations during 2010-11. The BOBCARDS Limited has turned around and made profits during the year under review. A Memorandum of Understanding (MoU) was signed on 15th December 2010 by Bank of Baroda, Bobcards Ltd. and BBVA (Banco Bilbao Vizcaya Argentaria), a leading international Bank, headquartered in Madrid, Spain to form a joint venture credit card business. Upon regulatory approval, the agreement between the entities will allow BBVA to acquire 51.0% stake in the existing credit card subsidiary of Bank of Baroda. The BOB Capital Markets Ltd. has been activated by appointing a professional CEO and recruiting a professional team. The
Future Plans for Estate Management

To provide residential accommodation to the transferred officers in Mumbai and to take benefit of the State Governments policy on redevelopment of properties, the Bank has decided
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framed under OL Act/OL Rules. The Bank could achieve all major targets set by the Government of India under its Annual Programme. In recognition of the Banks outstanding performance, the Bank was appreciated at various levels. The Town Official Language Implementation Committees functioning at Jaipur and Baroda under the convenorship of the Bank have discharged their responsibilities excellently and provided suitable guidance to their member Banks. Both the committees were awarded first prize by the Government of India for their outstanding performance and functioning. Besides, our Zonal Office, Jaipur and New Delhi were awarded with First Prize and Zonal Office Kolkata was awarded with second prize by the respective Regional O.L. Implementation office, Ministry of Home Affairs for implementation of O.L. Policy of Government of India in their area of operations. The Bank successfully completed more than two years of computer training programme on use of Hindi based Unicode fonts for their employees with a view to promote use of Hindi in day-to-day Banking. During the year 2010-11, more than 550 employees were trained at the Banks Corporate Office apart from the training imparted by various other administrative offices across the country.
Signing of MoU by Bank of Baroda, BOBCARDS Ltd. and BBVA, Madrid, Spain to form a JV Credit Card Business focus is on Debt Syndication, Private Equity Syndication and marketing 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 third year of operation. The Company has launched five new products during 2010-11 - Baroda Pioneer Infrastructure Fund, Baroda Pioneer Short Term Bond Fund, Baroda Pioneer PSU Equity Fund, Baroda Pioneer FMP 90 days Series I and Baroda Pioneer FMP 380 days Series I. The IndiaFirst Life Insurance Company Ltd., a joint venture company, has received an overwhelming response from the Banks customers across the country making the fastest ever insurance company to reach Rs 100 crore premium collections in the first 100 days of its operations. The IndiaFirst is the first company to cross New Business Premium of Rs 202 crore in its first year of operations. With Rs 703 crore of new business in 2010-11 and Rs 200 crore in the four and a half months of 2009-10, IndiaFirst crossed Rs 900 crore mark of the total new business in exactly 500 days of commencement of its business operations on 16th November 2009. (` lakh)
Entity (with date of registration) BOB Capital Market Ltd., 11 March, 1996 BOBCARDS Ltd., 29 Sept., 1994 Associate Baroda Pioneer Asset Mgmt Co. Ltd., 5 Nov., 1992 IndiaFirst Life Insurance Co. Ltd., 19 June, 2008 Nainital Bank Ltd., 31 July, 1922 Country India India Owned Funds 12,257.34 11,343.65 Total Assets Net Prot Ofces 13,076.38 406.30 1 34 Staff 27 117
Shri N. S. Srinath, Executive Director receiving an award under the RBI Rajbhasha Shield competition from Dr. D. Subbarao, Governor, Riserve Bank of India. The Third Sub-Committee of Parliament on Official Language visited the Banks Kasuli branch at the Regional Office, Mehsana, at the Zonal Office, Kolkata and the Kottayam branch (Kerala Region) and appreciated the efforts undertaken by the Bank in the area of Official Language Implementation. The Bank was awarded with Second Prize in linguistic Region B and Fourth Prize in Linguistic Region A by the RBI under the RBI Rajbhasha Shield competition. The Banks in-house Hindi magazine Akshayyam was awarded by the ABCI, Mumbai with Silver prize under the Indian Language Publication category. The Bank has launched Baroda Hindi.Com E-bulletin with a view to promote the use of Hindi through technology.
19,070.11 1,026.91
India
4,933.81
7,362.97 -1,538.37
59
India India
33,826.93 1,68,079.07 -6,475.25 32,298.84 3,29,206.83 4,568.76
13 1,181 101 816
Implementation of Official Language (OL) Policy

During the year 2010-11, the Bank made significant progress in promoting and propagating the use of Official Language and ensured compliance of various other statutory requirements
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The members of the Banks Top Management regularly give interviews in Hindi on Radio and various TV channels to reach a large audience of investors, analysts and also to promote financial literacy.
Directors Responsibility Statement

The Directors confirm that in the preparation of the annual accounts for the year ended March 31, 2011:
Board of Directors
Shri Ajay Mathur was nominated as part time non-official director with effect from 5th May, 2010 by the Central Government u/s 9 (3) (g) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 for a period of three years or until further orders, whichever is earlier. Shri R. Gandhi was nominated as a Director with effect from 30th July, 2010 by the Central Government u/s 9 (3) (c) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 to hold the post until further orders. He was nominated as RBI nominee Director in place of Shri A. Somasundaram, who ceased to be the Director with effect from 30th July, 2010. Shri Satya Dev Tripathi was nominated as part-time nonofficial Director with effect from 31st August, 2010 by the Central Government u/s 9 (3) (h) and (3-A) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 for a period of three years or until further orders, whichever is earlier. Shri V. B. Chavan was nominated as Officer Employee Director with effect from 11th March, 2011 by the Central Government u/s 9 (3) (f) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970/1980 for a period of three years or until he ceases to be an officer of Bank of Baroda or until further orders, whichever is earlier. Shri Milind N. Nadkarni, appointed as a Workmen Employee Director with effect from 1 st May, 2007 by the Central Government u/s 9 (3) (e) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, ceased to be Director with effect from 1st May, 2010, on completion of his term. Dr. Atul Agarwal nominated as a part time non-official Director with effect from 23rd November, 2007 by the Central Government u/s 9 (3) (h) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, ceased to be Director with effect from 23rd November, 2010, on completion of his term. Shri Ranjit Kumar Chatterjee nominated as Officer Employee Director with effect from 20 th December, 2007, by the Central Government u/s 9 (3) (f) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, ceased to be Director with effect from 20 th December, 2010, on completion of his term.
The applicable accounting standards have been followed along with proper explanation relating to material departures, if any; The accounting policies framed in accordance with the guidelines of the Reserve Bank of India, were consistently applied. Reasonable and prudent judgment and estimates were made so as to give true and fair view of the state of affairs of the Bank at the end of financial year and of the profit of the Bank for the year ended on March 31, 2011; 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 The accounts have been prepared on a going concern basis.
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 the 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 the Banks staff at different levels, which enabled the 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,
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efveosMekeeW keer efjHees&
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kegue keejesyeej (pecee SJeb Deefiece) ye{kej . 5,34,116 kejes[ nes ieee, Fme ekeej FveceW 28.30% keer Je=ef ngF&. mekeue ueeYe SJeb Meg ueeYe eceMe: .6981.61 kejes[ SJeb . 4241.68 f & kejes[ jne. Meg ueeYe ceW efheues Je<e& keer leguevee ceW 38.7% keer Je=e ngF. $e+Ce pecee Devegheele efheues Je<e& kes 84.47% keer leguevee ceW 86.77% jne. Kegoje $e+CeeW ceW 33.8% keer Je=ef ngF& Deewj en 2010-11 ceW yeQke kes mekeue Iejsuet $e+CeeW kee 18.88% jne. Jewefeke heefjeeueveeW ceW Meg yeepe Deblej (SveDeeF&Sce) yeepe Depe&ke DeeefmleeeW kes eefleMele kes he ceW 3.12% SJeb Iejsuet heefjeeueveeW ceW 3.72% kes mlej hej jne. Meg DeefieceeW ceW Meg iewj efve<heeoke Deeefmleeeb 0.35% jneR peyeefke efheues Je<e& en 0.34% Leer. hetbpeer heee&hlelee Devegheele (meerSDeej) yeemesue I kes Devegmeej 13.02% jne peyeefke yeemesue II kes Devegmeej en 14.52% jne. Meg ceeefueele megOej kej . 19750.63 kejes[ nes ieeer. FmeceW 43.27% keer Je=ef ope& ngF&. Je<e& kes oewjeve yener cetue . 378.44 mes ye{kej . 504.43 nes ieee. Je<e& kes oewjeve eefle kece&eejer keejesyeej . 981 ueeKe mes ye{kej . 1229 ueeKe nes ieee. Keb[Jeej keee& efve<heeove Je<e& 2010-11 kes Keb[Jeej heefjCeeceeW ceW jepekees<eere heefjeeueve (^pejer) kee s eesieoeve .882.51 kejes[, nesuemesue / keeheexj yeQekebie kee .1525.49 kejes[, s f Kegoje yeQekebie kee .1517.89 kejes[ leLee Deve yeQekebie heefjeeueveeW kee eesieoeve f f .2750.61 kejes[ jne. yeQke ves .1026.18 kejes[ kes iewj Deeyebele Keex f Ieeves Deewj .1408.64 kejes[ kee kejeW kes efueS eeJeOeeve kejves kes yeeo .4241.68 kejes[ kee kej heMeele ueeYe (heerSer) Deefpe&le efkeee. efJeJejCe Deewmele DeeefmleeeW hej Deee (DeejDeesSS) (%) Deewmele yeepe Jenve kejves Jeeueer oseleeSb (.kejes[ ceW) efveefOeeeW keer Deewmele ueeiele (%) Deewmele yeepe Depe&ke Deeefmleeeb (.kejes[ ceW) Deewmele Deee (%) Meg yeepe ceeefpe&ve (%) ueeiele Deee Devegheele (%) eefle Mesej yener cetue (.) eefle Mesej Deee (.)
kees meceehle Je<e& (efJelleere Je<e& 11) kes uesKee-hejeref#ele legueve-he$e, ueeYe-neefve uesKee Deewj JeJemeee SJeb heefjeeueve mebyebOeer efjhees& men<e& emlegle kej jns nQ.
ueeYeebMe yeQke kes efveosMekeeW ves 31 ceee&, 2011 kees meceehle Je<e& kes efueS .16.50 eefle Mesej kee (.10/- kes Debefkele cetue hej) ueeYeebMe emleeefJele efkeee nw. FmeceW kej meefnle ueeYeebMe kes he ceW kegue Jee .753.35 kejes[ nesiee. hetbpeer heee&hlelee Devegheele yeQke kee hetbpeer heee&hlelee Devegheele keeHeer Dee nw SJeb 31 ceee&, 2011 kees en yeemesue II kes Devleie&le 14.52% nw. Je<e& kes oewjeve yeQke ves Deheves hetbpeer DeeOeej kees .1500 kejes[ DeeefleYeteflele ieewCe yeeC[eW kes ceeOece mes mebie=nerle kej Deewj cepeyetle efkeee nw Deewj .711.50 kejes[ heS veJeesvces<eer yesceereeoer yee@C[me kes ceeOece mes pegeS nQ. 31 ceee&, 2011 kees yeQke keer Meg ceeefueele .19750 kejes[ jner. FmeceW egkelee hetbpeer .392.81 kejes[ Deewj eejef#ele efveefOe (hegvece&tueebkeve efveefOe kees es[kej) .19,357.82 kejes[ Meeefceue nw. .3488.33 kejes[ keer jeefMe Deefpe&le ueeYe ceW mes eejef#ele efveefOe ceW Debleefjle keer ieeer. mesJeeefveJe=efe leLee Deve ueeYeeW kes efueS eeJeOeeve Je<e& 2010-11 kes oewjeve yeQke ves Gheoeve ceW DebMeoeve kes he ceW (.382.90 kejes[) heWMeve efveefOe kes he ceW (.788.55 kejes[) DeJekeeMe vekeoerkejCe kes he ceW (.21.20 kejes[) leLee Deefleefjkele mesJee efveJe=e ueeYe kes he ceW (.10.17 kejes[) keer jeefMe kee Gheee DeeOeej hej eeJeOeeve efkeee nw. Fve eejeW esefCeeeW ceW eeJeOeeve keer kegue jeefMe Je<e& 2010-11 kes oewjeve .1160.42 kejes[ jner peyeefke Je<e& 2009-10 kes oewjeve en eeJeOeeve jeefMe .402.71 kejes[ Leer. ceee&, 2011 kes Devle ceW yeQke kes heeme Fve Meer<ees kes lenle GheueyOe kegue DeeOeejYetle efveefOe Fme ekeej Leer: .1289.75 kejes[ (Gheoeve), .5177.08 kejes[ (heWMeve efveefOe), .506.31 kejes[ (DeJekeeMe vekeoerkejCe) leLee .396.13 kejes[ (Deefleefjkele mesJeeefveJe=efe ueeYe).
2010-11 1.33 2,80,098.94 4.67 2,82,109.79 7.76 3.12 39.87 504.43 116.37 2009-10 1.21 2,15,886.21 4.98 2,16,735.54 7.70 2.74 43.57 378.44 83.96
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43
2010 -11
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DeeefLe&ke heefj<e 2010-11
efheues oes Je<ees keer leguevee ceW peye efJeMJeJeeheer DeeefLe&ke mebke kes keejCe DeeefLe&ke Je=ef keer ieefle Oeerceer yeveer ngF& Leer, Je<e& 2010-11 kes oewjeve Yeejleere DeLe&JeJemLee ceW GuuesKeveere megOeej osKee ieee. Je<e& 2010-11 kes oewjeve en megOeej/Je=ef ke=ef<e keer efmLeefle yesnlej nesves leLee GeesieeW leLee mesJeeDeesb kes mlej ceW efvejvlejlee yeves jnves mes mecYeJe ngF&. Yeejle mejkeej kes DevegceeveeW kes Devegmeej Je<e& 2010-11 kes oewjeve Yeejleere DeLe&JeJemLee ceW 8.5% keer Je=ef ngF&. Des ceevemetve kes HeuemJehe Je<e& 2010-11 kes oewjeve KejerHe (ieer<cekeeueerve) leLee jyeer (Meerlekeeueerve) oesvees ekeej keer HemeueeW kee Glheeove Dee jne. KeeeeVe Glheeove 235.88 efceefueeve ve Deebkee ieee pees efke efheues Je<e& keer leguevee ceW 8.15% DeefOeke nw. Ge ke=ef<e Je=ef oj kes HeuemJehe ieeceerCe Deee keer efmLeefle yesnlej ngF& leLee Fmemes meceer#ee Je<e& kes oewjeve ke=ef<e DeeOeeefjle GeesieeW keer efmLeefle ceW megOeej keer mebYeeJeveeSb eyeue ngF&. neueebefke Je<e& 2010-11 ceW efJeefvecee&Ce #es$e ceW 8.3% keer oj mes Je=ef kee Devegceeve ueieeee ieee Lee, uesefkeve Je<e& keer efleere :ceener ceW cegKele: DeeOeejYetle eYeeJeeW kes keejCe Fme Je=ef ceW keg keceer DeeF&. leLeeefhe Je<e& 2010-11 kes oewjeve efvecee&Ce #es$e keer ieefleefJeefOeeeW ceW Glheeove efmLeefle Deer jner Deewj me$en ceW mes hebn GeesieeW ceW Je=ef oj mekeejelceke jner. Je<e& 2010-11 ceW meceef DeeefLe&ke veerefle leLee DeeefLe&ke efJekeeme kes meboYe& ceW Yeejleere efj]peJe& yeQke keer efjhees& kes Devegmeej efJeeere Je<e& 2010-11 kes Devle ceW #ecelee Gheeesie ojeW leLee jespeieej me=peve keer efoMee ceW efveefele megOeej osKee ieee nw. Jeeheej, nesue JeJemeee, heefjJenve leLee mebeej Deewj efJee, yeercee SJeb Yet mebheoe Deeefo kes #es$e ceW meehes#e Je=ef kes HeuemJehe mesJee #es$e ceW Yeer Je<e& 2010-11 ceW 9.0% keer GuuesKeveere Je=ef nesves kee Devegceeve nw. Je<e& 2010-11 ceW meceie JeemleefJeke Jee kes DeeOeej hej Deekeefuele meceie ceebie ceW keeHeer Je=e ngF& nw leLee efvepeer GheYeesie leLee efveJesMe Jee Yeer lespeer mes ye{e nw. f f efvepeer GheYeesie Jee ceW JeemleefJeke DeeOeej hej 8.2% keer Je=e (Je<e&-oj-Je<e&) ngF. Je<e& 2010-11 kes oewjeve mekeue efmLej hetpeer efvecee&Ce mekeue Iejsuet Glheeo & b f kee 31.6% jner pees efke Ske Devegketue efmLeefle nw. Devegmeteele JeeefCeefpeke yeQkeeW f kes iewj KeeeeVe $e+CeeW ceW Fme Je<e& 21.4% keer Je=e (Je<e&-oj-Je<e&) ngF& Deewj es yeQke Yeejleere JeeefCeefpeke #es$e kes efueS efJeehees<eCe kes cetue eesle nQ. Jewefeke efmLeefleeeW ceW GuuesKeveere megOeej kes HeuemJehe, Yeejle keer JeeefCeefpeke JemlegDeesb kes efveee&le ceW Je<e& 2010-11 kes oewjeve 37.5% keer GuuesKeveere Je=ef (Je<e&-oj-Je<e&) ngF& leLee en 245.87 efyeefueeve Decejerkeer [euej nes ieee DeLee&le en mejkeej kes Je<e& kes efueS ueef#ele 225 efyeefueeve Decejerkeer [euej kes mlej kees heej kej ieee. efJeMJeJeeheer DeeefLe&ke ceboer kes keejCe efheues Je<e& DeLee&le 2009-10 ceW efveee&le ceW 4.7% keer efiejeJe ope& keer ieF& Leer. Yeejle kes efveee&le ceW en GuuesKeveere Je=ef eceeOeeve efvecee&Ce FkeeFeeW kes GlheeoeW mes Fbpeerefveeefjbie leLee hesêsefueece #es$e kes Ge cetue DeeOeeefjle GlheeoeW keer Deesj efJeeueve leLee GYejles yee]peejeW Deewj efJekeemeMeerue DeLe&JeJemLee keer veF& mecYeeJeveeDeesb kes HeuemJehe mecYeJe nes heeeer. Je<e& 2010-11 kes oewjeve Yeejle kee JeeefCeefpeke JemlegDeesb kee Deeeele 21.6% keer Je=ef oj (Je<e&-oj-Je<e&) mes ye{e Deewj en 350.70 efyeefueeve Decesjerkeer [euej nes ieee. Fme ekeej Jeeheej Ieee Je<e& 2009-10 kes 109.62 efyeefueeve Decejerkeer [euej kes mlej mes kece neskej 104.83 efyeefueeve Decejerkeer [euej nes ieee. Yeejle kee eeuet Keelee Ieee (CAD) pees efke Je<e& 2010-11 keer eLece :ceener (H1) ceW mekeue Iejsuet
Glheeo kee 3.7% Lee. Je<e& 2010-11 keer leermejer efleceener ceW en kece neskej mekeue Iejsuet Glheeo kee 2.1% nes ieee. Fme ekeej JeeefCeefpeke JemlegDeesb leLee mesJee efveee&le oesvees efmLeefleeeW ceW megOeej ngDee. Yeejleere efj]peJe& yeQke kes DevegceeveeW kes Devegmeej Je<e& 2010-11 kes hetCe& Je<e& ceW eeuet Keelee Ieee mekeue Iejsuet Glheeo kee ueieYeie 2.5% jnves kee Devegceeve nw. Yeejleere efjpeJe& yeQke kes Deebke[esb kes Devegmeej Je<e& 2010-11 kes eLece 11 cenerveeW ] (Deewue-HejJejer) kes oewjeve Yeejle ceW ele#e efJeosMeer efveJesMe Je<e& 2009-10 kes mlej 33.8 efyeefueeve Decejerkeer [euej keer leguevee ceW 25.9 efyeefueeve Decejerkeer [euej jne. leLeeefhe Meg efJeosMeer mebmLeeiele efveJesMeeW ceW Je<e& 2009-10 kes mlej 29.0 efyeefueeve [euej keer leguevee ceW Je=e ngF& leLee es Je<e& 2010-11 ceW ye{kej f 29.4 efyeefueeve [euej nes ieS. eneb leke efke yeee JeeefCeefpeke GOeeefjeeb Devegceesove Je<e& 2009-10 kes mlej 20.7 efyeefueeve Decejerkeer [euej mes ye{kej Je<e& 2010-11 ceW 25.6 efyeefueeve Decejerkeer [euej nes ieF&. Jewefeke Deefveefelelee keer egveewefleeeW, efvejvlej yeveer ngF& cege mHeerefle keer efmLeefle, Ge eeuet Keelee Ieee pewmeer eefleketue efmLeefleeeW kes yeeJepeto Yeejleere efJeeere yeepeej ueieYeie meeceeve yeves jns. Yeejle kes yeWe ceeke& metekeebke meWmeskeme ceW 10.9% keer Je=ef ngF& leLee Fmekee heer/F& Devegheele ceee&, 2010 kes Devle kes mlej 17.7% mes heefjJeefle&le neskej ceee&, 2010 kes Devle ceW 17.3% nes ieee. efvejvlej Tbeer yeveer ngF& cegemHeerefle oj leLee vekeoer keer keceer pewmeer heefjefmLeefleeeW kes keejCe ceebie cege yeepeej, mebheeefe&ke GOeej Deewj $e+Ceoeeer yeeOelee (CBLO), JeeefCeefpeke he$e (meerheer), meer[er leLee mejkeejer eefleYetefle yeepeejeW ceW yeepe ojW DeefOeke yeveer jner. Je<e& 2010-11 kes oewjeve Iejsuet efJeeere yeepeejeW ceW Deewmele owefveke mebJeJenejeW kes eueles efmLeefle Delevle Gleej e{eJe Yejer jner. leLeeefhe Je<e& 2010-11 ceW heee efmLej yevee jne leLee Decejerkeer [euej keer leguevee ceW FmeceW ceecetueer Je=ef ngF&. uesefkeve Jeeheej ceW cege mHeerefle keer Ge oj yeveer jnves kes keejCe JeemleefJeke eYeeJeer efJeefvecee oj ceW ceecetueer Je=ef ngF&. mekeejelceke henuet kes he ceW Yeejle keer efJeosMeer cege eejef#ele efveefOeeeW ceW Je<e& 2010-11 kes oewjeve 9.5% keer GuuesKeveere Je=ef (Je<e&-oj-Je<e&) ngF& leLee es ceee&, 2011 kes Devle ceW ye{kej 303.48 efyeefueeve Decejerkeer [euej nes ieF&. neF& mheer[ sueerHeesveer leLee yee[yeW[ mesJeeDeesb keer Le[& pesvejsMeve mheske^ce efyeeer mes eehle DeeMeeleerle jepemJe leLee cepeyetle mekeue Iejsuet Glheeo kes HeuemJehe kesvere mejkeej kes efJeeere Iees kees Je<e& 2009-10 kes mlej 6.4% mes kece kej Je<e& 2010-11 ceW 5.1% leke ueeves ceW ceoo efceueer. heefjCeecele: Je<e& 2010-11 kes oewjeve kesv leLee jepeeW kee meefcceefuele Ieee ueieYeie 8.1% leke meerefcele jKee pee mekee. Je<e& 2011-12 kee kesvere yepe emlegle kejles mecee keg megOeejeW kees Deeies ye{eves kee eeeme efkeee ieee. GoenjCe kes efueS DeeefLe&ke meneelee eehle KeeleeW, efueefkeJeHeeF[ hewêsefueece iewme leLee efceer kes lesue kes efueS meerOes vekeo jeefMe DevlejCe JeJemLee kejves kee eeeme efkeee ieee efpememes Fve JemlegDeesb kes ogheeesie kees jeskee pee mekes. Devlele: mejkeej ves 21 ceee&, 2011 kees mebmeo ceW Jemleg SJeb mesJeekej ueieeves mecyebOeer mebefJeOeeve mebMeesOeve efyeue emlegle efkeee. 2010-11 hetjs Je<e& cege mHeerefle efvejvlej veerefleiele efevlee kee keejCe yeveer jner. neueebefke ceeefmeke Je<e&-oj-Je<e& cege mHeerefle ojW Je<e& 2010 kes ceOe ceW oneF& kes Deebke[s leke hengbe ieF& leLeeefhe Devegceeve nw efke en oj mecetes efJeeere Je<e& kes efueS 9.2% nesieer. Je<e& 2010-11 kes oewjeve cege mHeerefle keer en efmLeefle Deehetefle& ceW keceer leLee Oeerjs Oeerjs yeves ueeiele oyeeJe kes keejCe yeveer.
44

eeefhe KeeeeVeeW keer cege mHeerefle ceW eewLeer efleceener ceW ceecetueer keceer DeeF& leLee keF& efveefce&le GlheeoeW keer keerceleeW ceW Je=ef leLee Deefveeefv$ele FOeve ceoeW kes cetueeW kes HeuemJehe cege mHeerefle keer oj Yeejleere efj]peJe& yeQke keer Dehes#eeDeesb kes mlej mes DeefOeke yeveer jner. efvejblej ye{leer cege mHeerefle leLee DeeefLe&ke efmLeefle ceW megOeej kes eueles Yeejleere efj]peJe& yeQke ves ceee& 2010 kes eejbYe ceW Deheveer Goej veerefle kees Jeeefheme ues efueee. Je<e& 2010-11 kes oewjeve Yeejleere efj]peJe& yeQke ves Deheveer veerefleiele ojeW ceW 8 yeej Je=ef keer. Fmekee GsMe Je=ef leLee cege mHeerefle kees mevlegefuele yeveeS jKevee Lee. Yeejleere efj]peJe& yeQke ves efJelleere Je<e& kes eejbYe ceW Yeer Deejef#ele vekeoer efveefOe Devegheele ceW 25 cetue DebkeeW keer Je=ef keer. Deve GYejles yeepeejeW keer Yeebefle Yeejle kes eieefleMeerue heefjMe kees Je<e& 2011-12 kes oewjeve Jewefeke lesue leLee Deve JemlegDeesb keer keerceleW eYeeefJele kejWieer efpememes Je=ef oj ceW keceer kee Keleje yevee jnsiee. leLeeefhe, Iejsuet ceebie leLee efveee&le keer ueeseMeeruelee kees osKeles ngS Yeejle kee mekeue Iejsuet Glheeo Je<e& 2011-12 kes oewjeve Yeer Fmeer mlej kes Deemeheeme yevee jnsiee.
2010 -11
yeQke kes JeeefCeefpeke #es$e ceW kegue keee& efve<heeove (iewj KeeeeVe $e+Ce leLee iewj meebefJeefOeke eueefveefOe Devegheele efveJesMe) ceW Yeer GuuesKeveere megOeej ngDee nw leLee FmeceW Je<e& 2010-11 kes oewjeve 21.3% (Je<e&-oj-Je<e&) keer Je=ef ngF& peyeefke Je<e& 2009-10 kes oewjeve en oj 16.9% Leer. Je<e& 2010-11 kes oewjeve JeeefCeefpeke #es$e kes efueS yeQke efJee hees<eCe kee ecegKe eesle yevee jne. efheues Je<e& keer leguevee ceW iewj yeQke eesleeW eje efJee hees<eCe ceW ceecetueer keceer DeeF&. yeQke $e+CeeW kes efJelejCe kee #es$e Jeeheke yevee jne leLee Fme meboYe& ceW mesJeeDeesb leLee Jeweefeke $e+CeeW kes he ceW $e+Ce efJelejCe keer Je=ef oj DeefOeke jner. efJeefYevve #es$eesb ceW efoS ieS DeefieceeW kes efJeMues<eCe mes eleerle neslee nw efke Deeweesefieke #es$e kes lenle efoS ieS $e+CeeW ceW ecegKele: Fbeem^keej, Oeeleg SJeb Oeeleg Glheeo, kehe[e, Fbpeerefveeefjbie, Keee emebmkejCe leLee pesce SJeb pJesuejer kes efueS $e+Ce eoeve efkees ieS. Fveem^keej #es$e ceW efoS ieS $e+CeeW ceW Je=ef GuuesKeveere nw etbefke Fmekee meg{ DeeOeej nw. DeefOekeebMe yeQkeeW keer Deeefmle iegCeJeee Yeejleere efj]peJe& yeQke eje efveOee&efjle ceeveoC[eW SJeb meerceeDeesb kes Devleie&le jner. yeQefkebie megOeejeW keer eefeee kees Je<e& 2010-11 kes oewjeve Deewj yeue efceuee. GoenjCele: mejkeej ves Fme Je<e& yeQefkebie efveece (mebMeesOeve) efyeue 2011 ueeskemeYee ceW emlegle efkeee. Fme efyeue ceW efJeeceeve yeQefkebie efveece ceW Deve efmeHeeefjMeeW kes meeLe-meeLe efvecveefueefKele mebMeesOeveeW kee emleeJe efkeee nw: je<êreke=le yeQkeeW kes MesejOeejkeeW kes celeoeve DeefOekeej ceewpetoe 1.0% mes ye{ekej 10.0% kejvee. efvepeer yeQkeeW kes efueS celeoeve DeefOekeej efveJesMeke MesejOeeefjlee kes Devegheele ceW neWies. efvepeer #es$e kes yeQkeeW kes meboYe& ceW yeQefkebie kecheveer kes meYeer MesejOeejkeeW kes kegue celeoeve DeefOekeejeW keer 10% kes celeoeve DeefOekeej keer meercee kees nevee. yeQefkebie JeJemeee ye{eves kes efueS je<êreke=le yeQkeeW kees oes Deefleefjkele FvmêtceW yeesveme Mesej leLee jeF FMet peejer kejves kee DeefOekeej osvee leeefke hetbpeer yeepeej mes efveefOeeeb eehle keer pee mekeW. efkemeer yeQefkebie kebheveer keer 5.0% mes DeefOeke keer Mesej hetbpeer DeefOeie=nerle kejves kes efueS eefo DeeJeMeke mecePee peeS lees Fme DeeMee kee Devegceesove osles mecee Yeejleere efj]peJe& yeQke kees eLeeJeMeke Meles efveOee&efjle kejves kee DeefOekeej osvee. Yeejleere efj]peJe& yeQke kees Fme DeeMee kee DeefOekeej osvee efke Jen yeQefkebie kecheefveeeW kes meneesieer GeceeW mes meteveeSb SJeb efJeJejefCeeeb eehle kej mekes leLee Gvekee efvejer#eCe kej mekes.
Je<e& 2010-11 ceW Yeejleere yeQefkebie #es$e kee keee&efve<heeove Yeejleere yeQefkebie #es$e Je<e& 2008-10 keer Jewefeke efJeeere ceboer kes yeeo ke[er efveeeceke efveiejeveer kes HeuemJehe Je<e& 2010-11 kes oewjeve cepeyetle yeve kej GYeje nw. Yeejleere efj]peJe& yeQke eje veerefleiele SJeb meeceefeke keee&Jeener leLee mejkeej keer Deesj mes DeeefLe&ke megOeejeW kes meceLe&ve mes Je<e& 2010-11 kes oewjeve yeQefkebie keejesyeej ces heee&hle Je=ef ngF& nw. etbefke Je<e& 2010-11 kes oewjeve cege mHeerefle veerefleiele efevlee kee ecegKe keejCe yeveer jner, Yeejleere efj]peJe& yeQke kes cege mHeerefle kees jeskeves mecyebOeer GheeeeW kes HeuemJehe cege leLee vekeoer efmLeefleeeb hetJe&Jele yeveer jner. ceF& 2010 kes Devle ceW vekeoer mecyebOeer efmLeefleeeb Yeejleere efj]peJe& yeQke kes heeme mejkeejer Mes<eeW ceW DeleefOeke Je=ef pees 3 peer/yeer [yuet S veerueeefceeeW leLee Deefiece kej DeeG Heuees kes keejCe ngF&, kes keejCe Iees keer efmLeefle yeve ieF& nw. Je<e& kes oewjeve DeefOekeebMele: pecee leLee $e+Ce Je=ef ceW Demeblegueve leLee DeleefOeke vekeoer keer ceebie pewmes {ebeeiele keejCeeW kes eueles vekeoer hej oyeeJe yevee jne. leLeeefhe yeQkeeW kees eueefveefOe meceeeespeve megefJeOee kes Debleie&le Deefleefjkele vekeoer meneelee leLee owefveke DeeOeej hej efleere eueefveefOe meceeeespeve megefJeOee kes eje Yeejleere efj]peJe& yeQke ves vekeoer kes oyeeJe kees kece kejves kee eeeme efkeee nw. Je<e& 2010-11 keer leermejer efleceener ceW Yeejleere efj]peJe& yeQke ves vekeoer efveefOeeeW keer GheueyOelee keer efmLeefle kees megOeejves kes efueS Kegues yeepeej ceW eefleYetefleeeW kee ee efJeee leLee Deve Gheee efkees. mejkeejer JeeeW ceW Je=ef leLee efomecyej kes ceOe mes Yeejleere efj]peJe& yeQke eje Kegues yeepeej ceW eefleYetefleeeW kes ee efJeee mes Je<e& 2010-11 keer Deefvlece efleceener kes oewjeve vekeoer efmLeefleeeW ceW meblees<epeveke megOeej ngDee. Je<e& keer meceie efmLeefle kes he ceW Yeejleere yeQefkebie Geesie ves GuuesKeveere keee&efve<heeove emlegle efkeee efpemeceW $e+CeeW ceW DeeMee mes DeefOeke Je=ef, oseleeDeesb keer leguevee ceW DeeefmleeeW kes ceeceues ceW leerJe hegvecet&ueve kes HeuemJehe efveJeue yeepe ceeefpe&ve ceW megOeej leLee Ge $e+Ce pecee Devegheele ecegKe keejke jns. Je<e& 2010-11 kes oewjeve JeeefCeefpeke yeQkeeW kes iewj KeeeeVe $e+CeeW ceW 21.2% (Je<e&-oj-Je<e&) keer Je=ef ngF& peyeefke Je<e& 2009-10 ceW en Je=ef oj 17.1% Leer. Fmeer ekeej meceie peceeDeesb ceW Je<e& 2010-11 kes oewjeve 15.8% keer Je=ef (Je<e&-oj-Je<e&) ngF& peyeefke 2009-10 kes oewjeve en Je=ef oj 17.2% Leer. 45
mebheoe #es$e ceW yeveer jner lespeer Deewj ueieeleej Ge $e+Ce ceebie kes keejCe Je<e& 2011-12 kes oewjeve Yeejleere yeQefkebie Geesie kee heefjMe mekeejelceke yevee jne.
peesefKece eyebOeve
efJeefYevve ekeej kes efJeeere peesefKece G"evee yeQefkebie JeJemeee kes keee&keueeheeW kee DeefYevve Debie nw. yeQke Dee@@]He ye[ewoe kes heeme Ske meg{ SJeb Skeerke=le peesefKece eyebOeve eCeeueer nw efpemekes eje en megefveefele efkeee peelee nw efke Devegceeefvele peesefKece heefjYeeef<ele ceeveoC[eW kes Devoj ner nes leLee en heee&hle he mes eeflehetefjle jns. yeQke kes peesefKece eyebOeve {ebes ceW peesefKece eyebOeve mebjevee, peesefKece eyebOeve veerefle, peesefKece eyebOeve keeee&vJeeve Deewj efveiejeveer eCeeueer Meeefceue nw.
2010 -11
peesefKece eyebOeve {ebee

yeQke kes heeme efJeefYevve efJeeere Deewj iewj efJeeere peesefKeceeW, pees efke cegKele: leerve esefCeeeW ceW eLee $e+Ce peesefKece, yeepeej peesefKece leLee heefjeeueveiele peesefKece efJeYeeefpele efkees ieS nQ, kes eyebOeve kes efueS megmLeeefhele peesefKece eyebOeve {ebee nw. yeQke kee efveosMeke ceb[ue meYeer peesefKece eyebOeve veerefleeeW SJeb keee& eespeveeDeesb kee ecegKe nw leLee Jen yeQke keer meceie peesefKece JeJemLee kes efueS Gejoeeer nw. keee&oeefelJeeW kes efveJe&nve ceW SSueSce leLee peesefKece eyebOeve kes efueS yees[& keer Ghemeefceefle FvnW meneesie eoeve kejleer nw leLee Fvekes meneesie kes efueS $e+Ce veerefle meefceefle (meerheermeer), Deeefmle oselee eyebOeve meefceefle leLee heefjeeueveiele peesefKece eyebOeve meefceefle keer mesJeeSb eehle nesleer nQ. Deeefmle oselee eyebOeve meefceefle (SSuemeerDees) peceeDeesb leLee DeefieceeW kes efueS Glheeo ueeiele efveOee&jCe, Deeefmle leLee oseleeDeesb keer heefjhekeJelee eesHeeFue, yeQke kee yeepe oj efkeesCe, efveOeereve veerefle, cetue DevlejCe veerefle leLee leguevehe$e eyebOeve veerefle hej Yeejleere efj]peJe& yeQke eje peejer efoMee-efveoxMeeW kes Deveghe eee& kejves kes efueS DeeJeefOeke yew"keW Deeeesefpele kejleer nw. $e+Ce veerefle meefceefle kes heeme efJeefYevve GeceJeej $e+Ce peesefKece keee&eespevee, $e+Ce veerefle yeveeves meefnle efJeefYevve eespeveeSb leweej kejkes GvnW keeee&efvJele kejves kee DeefOekeej SJeb efpeccesoejer nw leLee en efveeefcele DeeOeej hej $e+Ce peesefKece keeees keer efveiejeveer Yeer kejleer nw. heefjeeueve peesefKece eyebOeve meefceefle (DeesDeejScemeer) Ske keee&heeueke meefceefle nw efpemekee ie"ve megefveefele heefjeeueveiele peesefKece eyebOeve eefeee leweej kej Gmekeer mecegefele efveiejeveer kejles ngS mebmLee kes heefjeeueveiele peesefKeceeW kee vetvelece kejves kes GsMeeW kees Oeeve ceW jKeles ngS efkeee ieee nw.
yeQefkebie heefjeeueve mebeeefuele efkees pee mekeW. yeQke kes vekeoer peesefKece kes Deekeueve leLee Fmekeer ceeefveefjbie keer meceie efpeccesoejer Deeefmle oselee heyebOeve meefceefle keer nw. yeQke vekeoer peesefKece kee eyebOeve hejchejeiele iewhe heefle DeLeJee Heuees heefle Deewj meke heefle mes kejlee nw. hejchejeiele iewhe heefle DeLeJee Heuees heefle Yeejleere efj]peJe& yeQke eje efveOee&efjle efJeefYevve eFce yekekesme ceW vekeoer Demeceevelee kee Deekeueve kejves ceW meneeke nesleer nw. Deekeueve leLee ceeefveefjbie owefveke DeeOeej hej {ebeeiele vekeoer efJeJejCeer leweej kej leLee [eeveeefceke lejuelee efJeJejCeer leweej kej [eeveeefceke DeeOeej hej keer peeleer nw pees en megefveefele kejves ceW ceoo kejleer nw efke vekeejelceke vekeoer efmLeefle efveOee&efjle meercee ceW leLee SSueSce leLee ieghe efjmke heeefuemeer kes efveOee&efjle ceeveoC[eW kes Deveghe nw. efveOee&efjle meerceeDeesb keer DeJensuevee keer metevee Deeefmle oselee eyebOeve meefceefle leLee Fmekes yeeo efveosMeke ceb[ue kees oer peeleer nw. me@ke heefle ceW yeQke ves efJeefYevve ieefleefJeefOeeeW eLee owefveke kee@ue ueWef[bie, owefveke keeue GOeeefjeeW efveJeue DeuheeJeefOe GOeeefjeeW, ieenke pecee Devegheele ceW efveJeue esef[, cegKe Deeefmle Devegheele Deeefo kes efueS (meercee) kewhe keer e=bKeuee efveOee&efjle keer nw. efJeosMeer cege ceW vekeoer keer efmLeefle kee Deekeueve yeQke keer efJeefMe< Skeerke=le ^spejer MeeKee kejleer nw. efJeosMeer heefjeeueveeW kes efueS keeheexjs Deeefmle oselee eyebOeve veerefle Deueie mes leweej keer ieF& nw. Fmekes ceeOece mes eleske efJeosMeer #es$e keer efmLeefle keer efveOee&efjle eueefveefOe Devlejeue ceW efveiejeveer keer peeleer nw. m^sme wm heeefuemeer kes lenle mecye efoMeeefveoxMeeW kes Devleie&le efveeefcele Devlejeue hej yeQke keer meceie vekeoer efmLeefle keer meceer#ee keer peeleer nw. Deeefmle oselee eyebOeve leLee ieghe efjmke heeefuemeer kes Devleie&le Deekeefmceke HebeE[ie eespevee leweej keer ieF& nw pees efke Iejsuet heefjeeuevees kes efueS nw. Fmeer ekeej efJeosMeer heefjeeueveeW kes efueS keeheexjs Deeefmle oselee eyebOeve heeefuemeer nw pees efJeefYevve keef"ve heefjefmLeefleeeW ceW vekeoer kes oyeeJe kee meecevee kejves ceW yeQke keer ceoo kejleer nw.
peesefKece eyebOeve veerefle

yeQke keer peesefKece eyebOeve veerefle, peesefKece G"eves leLee peesefKece eyebOeve kes meboYe& ceW yeQke kes efmeevleeW kes meejebMe kees emlegle kejleer nw. es efmeevle Glke=< eefeeeDeesb leLee eeheeW kee Oeeve ceW jKekej yeveeS ieS nQ leeefke efnleeW kes hejmhej kejeJe/efJejesOe mes yeee pee mekes. yeQke ves efJeefYevve peesefKeceeW kes eyebOeve leLee Fvekeer cee@efveefjbie kes efueS veerefleiele efoMeeefveoxMeeW kes he ceW efJemle=le peesefKece keee&veerefle leweej keer nw. yeQke ceW peesefKece eyebOeve mes peg[s efJeefYevve JeefeeeW/ DeefOekeeefjeeW kees ceeie&oMe&ve osves kes efueS leLee Gvekes lelkeeue meboYe& kes efueS yeQke ves Deeefmle oselee eyebOeve leLee mecetn peesefKece veerefle, Iejsuet $e+Ce veerefle, efce[ DeeefHeme heeefuemeer, efheuej III ekeerkejCe veerefle, heefjeeueveiele peesefKece eyebOeve veerefle leLee Deebleefjke hetbpeer heee&hlelee Deekeueve eefeee (ICAAP), mebheeefe&ke eyebOeve leLee esef[ efjmke efceefiesMeve SC[ m^sme sm heeefuemeer leweej keer nw pees efke yees[& eje Devegceesefole nw.
$e+Ce peesefKece
$e+Ce peesefKece Ske Ssmee peesefKece nw efpemeceW keeGbj heeer& efJeeere uesveosveeW kes Deheves oeefelJe kees hetje veneR kejleer nw. heefjCeecemJehe yeQke kees efJeeere neefve nesleer nw. $e+Ce peesefKece eyebOeve keer eefeee ceW heneeve, Deekeueve, ceeefveefjbie leLee $e+Ce Skemeheespej hej efveeb$eCe Meeefceue nw. yeQke keer Deeefmle oselee eyebOeve leLee peesefKece eyebOeve hej efveosMeke ceb[ue eje ieef"le yees[& keer Ske Ghe meefceefle nw pees efke efJeMes<e he mes yeQke kes $e+Ce peesefKece eyebOeve keeees kee mecevJeeve kejleer nw leLee Fvekeer osKejsKe kejleer nw. Fme Ghe meefceefle kees $e+Ce veerefle meefceefle efjhees& kejleer nw efpemekeer Yetefcekee efJeefYevve peesefKece eyebOeve keee&veerefleeeW kees leweej kejvee, ueeiet kejvee leLee yeQke kes peesefKece eyebOeve keeees keer efveeefcele DeeOeej hej efveiejeveer kejvee nw. yeQke ceW $e+Ce peesefKece eyebOeve keee& kes efueS eegkele lev$e SJeb Gheee efvecveefueefKele nQ $e+Ce efveJesMe meercee (Skemeheespej meerefuebie) $e+Ce Skemehees]pej meerceeSb Yeejleere efj]peJe& yeQke eje efveele efJeJeskehetCe& GheeeeW kees Oeeve ceW jKeles ngS yeQke keer hetbpeeriele efveefOeeeW kes DeeOeej hej efveOee&efjle keer peeleer nQ. Yeejleere efj]peJe& yeQke eje efveOee&efjle leLee yeQke eje leweej efveOee&efjle es $e+Ce meerceeSb Iejsuet $e+Ce veerefle ceW oer ieF& nQ. es meerceeSb Skeue/ieghe GOeeefjeeW, Geesie Skemehees]pejeW, yespeceeveleer DeefieceeW, ecegKe $e+efCeeeW Deeefo mes mebyebefOele nQ.
peesefKece eyebOeve keeee&vJeeve SJeb ceeefveefjbie eCeeueer

JeeefCeefpeke yeQefkebie #es$e ceW yeQke kees hesMe DeevesJeeues ecegKe peesefKece vekeoer peesefKece, $e+Ce peesefKece leLee heefjeeueve peesefKece nQ.
vekeoer peesefKece
yeQke kes vekeoer eyebOeve kee cegKe GsMe heee&hle vekeoer yeveeS jKevee nw (vekeoer efveefOeeeW kees Gefele ueeiele hej eehle kejves meefnle) leeefke ose nesves hej meYeer Dehes#eeDeesb SJeb eefleyeleeDeesb kees hetje efkeee pee mekes leLee meeceeve
46

$e+Ce DevegmebOeeve/mebefJeYeeie mebJeer#ee: peesefKece eyebOeve efJeYeeie kee keeheexjs DevegmebOeeve ke#e Geesie eesHeeFue/Glheeo eesHeeFue, meYeer GeesieeW/GlheeoeW kes DeOeeve kee keee& kejlee nw leLee Fmes yeQke kes $e+Ce DeefOekeeefjeeW kees GheueyOe kejelee nw. mebefJeYeeie meceer#ee ke#e mebefJeYeeie mebJeer#ee DeOeeve keee& kejlee nw efpemeceW mebefJelejCe, Je=ef, mebjevee, keefceeeb, $e+Ce iegCeJeee, jsefbie kesverkejCe, Oeeefjle yeepe oj leLee mebefJeYeeie mlej hej $e+Ce peesefKece kes Deekeueve ceW etke keer keercele Meeefceue nw. mecye efjhees& efveeefcele he mes $e+Ce veerefle meefceefle leLee Deeefmle oselee eyebOeve Deewj peesefKece eyebOeve hej yees[& keer Ghe meefceefle kees emlegle keer peeleer nw. peesefKece jsefbie cee@[ue: yeQke kes heeme Jeeheke peesefKece jsefbie cee@[ue nw pees efke Ske efJeefMe< mkesue hej efJeMes<e $e+Ce mebJeJenej kes efueS $e+Ce peesefKece kes mlej kees heefjYeeef<ele kejlee nw. en cee@[ue meYeer jsefbie ies[me kes efueS etke keer mebYeeJevee kes mlej kee Deekeueve kejlee nw. en Ske efJeefMe< $e+Ce veerefle kes ueeiele efveOee&jCe ceW Yeer me#ece nw.
2010 -11
3. efveJesMe mebefJeYeeie keer DeJeefOe leLee FefkeJeer keer mebMeesefOele DeJeefOe 4. peesefKece cetue ^s]pejer kes meboYe& ceW peesefKece cetue keer ieCevee 99% keeefvHe[Wme uesJeue hej 10 efove keer Oeeefjle DeJeefOe kes DeeOeej hej keer peeleer nw. Jeeheej yener m^sme sefmbie efveeefcele he mes DeefmLejlee leLee heefjefmLeefleiele efJeMues<eCe kes ceeOece mes keer peeleer nw.
heefjeeueve peesefKece
Deheee&hle DeLeJee DemeHeue Deevleefjke heefjeeueve eefeee JeefeMe: leLee eCeeueer DeLeJee yeee keejkeeW kes keejCe nesvesJeeues neefve peesefKece kees heefjeeueve peesefKece kene peelee nw. FvnW efveebef$ele kejves kes efueS yeQke cegKele: Deevleefjke uesKee hejer#ee eCeeueer hej efveYe&j kejlee nw. Fmekes DeueeJee heefjeeueve peesefKeceeW kee efveeefcele efveiejeveer kejves kes efueS yeQke ves Deeefmle oselee eyebOeve leLee peesefKece eyebOeve kes efueS ieef"le yees[& keer Ghemeefceefle keer osKejsKe ceW heefjeeueve peesefKece eyebOeve meefceefle ieef"le keer nw. yeQke :ceener DeeOeej hej heefjeeueve peesefKece mecyevOeer Deebke[esb kee mebienCe leLee efJeefYevve hewjeceerjeW/ceeveoC[eW hej Fvekee efJeMues<eCe kejlee nw Deewj peneb keneR DeeJeMeke nes megOeej nsleg Gheee efkees peeles nQ.
Fvekes DeueeJee yeQke keer m^sme sefmbie hee@efuemeer kes Deveghe $e+Ce peesefKece mebefJeYeeie kes m^sme sefmbie leLee heefjMe efJeMues<eCe Yeer efveeefcele Devlejeue hej efkees peeles nQ.
yeepeej peesefKece
yeepeej peesefKece yeepe ojeW DeLeJee eefleYetefleeeW kes cetue, efJeosMeer cege leLee FefkeJeefeeW kes yeepeej mlej ces heefjJele&ve leLee Gleej e{eJe kes keejCe yeQke keer Deee leLee hetbpeer kees nesves Jeeues peesefKece kes he ceW heefjYeeef<ele efkeee ieee nw. yeepeej peesefKece eyebOeve vekeoer, yeepe oj, efJeosMeer cege leLee FefkeJeer leLee yeQke kes Jemleg cetue peesefKece kes Deekeueve kee Jeeheke SJeb ieefleMeerue DeeOeej/ {ebee GheueyOe kejelee nw efpemekee yeQke keer JeeJemeeefeke keee&veerefle kes Deveghe meceekeueve Dehesef#ele nw. Jeeheej yener ceW yeepeej peesefKece kees efJeeceeve mecegefele efveeb$eCe keee&eCeeueer kes lenle ceeefvej SJeb mebeeefuele efkeee peelee nw. Fmekee GuuesKe yeQke keer efveJesMe veerefle, efce[ DeeefHeme hee@efuemeer leLee m^sme sefmbie hee@efuemeer ceW efkeee ieee nw. ceeefveefjbie efjhees& heefjmecheefe oselee eyebOeve meefceefle/Deeefmle oselee eyebOeve leLee peesefKece eyebOeve mebyebOeer yees[& keer Ghemeefceefle kees ceeefmeke/efleceener DeeOeej hej Yespeer peeleer nw. yeQke kes Ske efJeeere ceOemLe nesves kes keejCe Fmekes efueS cegKe peesefKece yeepe oj peesefKece nw. yeepe ojeW ceW nesvesJeeues heefjJele&veeW kee lelkeeue eYeeJe yeQke keer Deee hej he[lee nw pees Fmekeer efveJeue yeepe Deee ceW heefjJele&ve mes neslee nw. yeepe ojeW ceW heefjJele&ve kee oerIe&keeueerve eYeeJe yeQke keer FefkeJeer kes yeepeej cetue hej he[lee nw. yeepe oj peesefKece kees peye Fve oes mebYeeJeveeDeesb kes heefjhes#e ceW osKee peelee nw lees FvnW Deee ee@mehesefkeJe leLee DeeefLe&ke cetue ee@mehesefkeJe kes he ceW peevee peelee nw. leovegmeej yeQke yeepe oj peesefKece kes eyebOeve kes efueS efvecveefueefKele lejerkeeW kees Deheveelee nw. 1. hejchejeiele iewhe efJeMues<eCe pees efke owefveke DeeOeej hej yeepe oj meWmesefJe iewhe efjhees& leweej kej efkeee peelee nw. 2. Deee peesefKece yeepe ojeW ceW 1% heefjJele&ve nesves hej Meg yeepe Deee hej nesves Jeeues eYeeJe keer ieCevee. Fmekes lenle keg efveefele keejkeeW leLee eefleHeue keJe& peesefKece, cetue peesefKece leLee meefVeefnle efJekeuhe peesefKece kees Yeer Oeeve ceW jKee peelee nw. FefkeJeer kes DeeefLe&ke cetue hej nesves Jeeues eYeeJe kee Deekeueve yeQke eje efleceener DeeOeej hej efkeee peelee nw.
yeemesue II mebyebOeer yeQke kee Devegheeueve

yeQke Dee@@He ye[ewoe yeemesue II kes mJehe kees ueeiet kejves ceW osMe kes meeJe&peefveke #es$e kes ecegKe eCeslee yeQkeeW ceW mes Ske nw efpemeves 31.03 2008 mes Fmes ueeiet efkeee nw. Jele&ceeve ceW yeQke $e+Ce peesefKece kes efueS ceevekeerke=le efkeesCe, heefjeeueve peesefKece kes efueS cetue mebkesleke efkeesCe Deewj hetbpeer heee&hlelee Devegheele (meerDeejSDeej) kes Deekeueve kes efueS yeepeej peesefKeceeW nsleg ceeveke DeJeefOe efkeesCe kees Dehevee jne nw. yeQke, Yeejleere efjpeJe& yeQke kes efoMee efveoxMeeW kes Deveghe yeemesue I Deewj yeemesue II kes efueS hetbpeer heee&hlelee Devegheele kee Deekeueve meceeveeblej he ceW kejlee nw. yeQke kes meerDeejSDeej kees efvecveevegmeej meebjeMeerke=le efkeee ieee nw . efoveebke 31.03.2009 31.03.2010 31.03.2011 yeemesue I 12.88% 12.84% 13.02% yeemesue II 14.05% 14.36% 14.52%
yeQke ves yeemesue II kes efoMeeefveoxMeeW kes Deveghe Deefiece efkeesCe kes keeee&vJeeve kes efueS hejsKee leweej keer nw. yeQke keer Ske jseie heefle nw, efpemekes lenle f b jseie kes ceeFieMeve, heer [er Je Sue peer [er kes Deekeueve kes efueS Deebke[s GheueyOe f b s kejJeeves keer JeJemLee nw. efpememes efke $e+Ce peeseKece Deekeueve kes efueS Deebleefjke f jseie DeeOeeefjle efkeesCe ceW menpelee mes DeblejCe efkeee pee mekes. yeQke ceW f b Deebleefjke cee@[ue efkeesCe ceW meeceeve yeepeej peeseKece kes peeseKece cetue f f (JeeRSDeej) (DeLee&le peeseKece hej cetue) kes Deekeueve keer Yeer heefle nw. f yeemesue II kes ceeveob[eW kes lenle Yeejleere efjpeJe& yeQke kes efheuej II efoMee efveoxMeeW kes Deveghe yeQke ves Deebleefjke hetbpeer heee&hlelee Deekeueve veerefle (DeeFmeerSSheer), mebheefMe&Jeke eyebOeve leLee $e+Ce peesefKece kees kece kejves Deewj m^sme sm veerefle leweej keer nw. en veerefle Deve peesefKeceeW ($e+Ce kes Deefleefjkele yeepeej Je heefjeeueveiele peesefKece) kes Deekeueve keer eefkeee kees mhe< kejleer nw Deewj DeefmLejlee leLee heefjefmLeefleiele efJeMues<eCe kes DeeOeej hej m^sme sefmbie kejleer nw. veerefle kes lenle en Yeer Dehes#ee nw efke peesefKece eyebOeve efJeYeeie
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2010 -11
peesefKece DeeOeeefjle hetbpeer eespevee Yeer leweej kejW. efpememes efke yeQke keer hetbpeer kees peesefKeceeW kes eefle DeefOeke mebJesoveMeerue yeveeee pee mekes Deewj efvejblej DeeOeej hej m^me heefjJesMe efJekeefmele nes mekes. yeQke Yeejleere efj]peJe& yeQke kees ceener DeeOeej hej efveosMeke ceb[ue eje Devegceesefole DeeF&meerSSheer Deewj m^sme sm heefjCeece mes mebyebefOele omleeJespe GheueyOe kejelee nw. leerve Je<e& kes efkeesCe kees Oeeve ceW jKeles ngS hetbpeer eespevee Jeeef<e&ke DeeOeej hej leweej keer peeleer nw. Yeejleere efj]peJe& yeQke kes yeepeej DevegMeemeve efoMeeefveoxMe kes efheuej III kes lenle ekeerkejCe yeQke eje efleceener/ceener/Jeeef<e&ke DeeOeej hej efkeee peelee nw. efheuee ekeerkejCe 31 ceee& 2011 kees efkeee ieee. 31 ceee& 2011 kee Je<ee&vle ekeerkejCe Jeeef<e&ke efjhees& kee Ske Yeeie nw Deewj Fmes yeQke keer JesyemeeF hej eoefMe&le efkeee ieee nw.
peye keYeer Yeer efkemeer Keeles ceW $e+Ce iegCeJellee keer #eefle DeLee&le $e+Ce jsefbie ceW efiejeJe, Sue meer /ieejber oseleeDeesb kees hetje kejves ceW osjer kejves Deewj yeepe/ ef]keMleeW Deeefo keer Deoeeieer ceW efJeuebye nesves kes mebkesle efceueles nQ lees GvnW jeskeves kes efueS mecee hej Gheegkele SJeb megOeejelceke keoce G"evee ke"esj DevegJeleer& keee&Jeener kes ceeOece mes Deeefmle Jeieer&kejCe SJeb $e+Ce jsefbie ceW Deeves Jeeueer efiejeJe kees jeskevee. $e+Ce KeeleeW keer hegve: mebjevee/hegve: efveOee&jCe/hegve: efveeleve kejves kes efueS Gheegkele ceeceueeW leLee $e+Ceer kes meneesie eoeve kejves kes DeeOeej hej Gheegkele SJeb JeemleefJeke ceeceueeW ceW Deeies Deewj efJelle eoeve kejves kes ceeceueeW keer heneeve kejvee. KeeleeW keer meceer#ee SJeb efveece leLee Melees kes Devegheeueve nsleg DeeJeMeke keoce G"ekej/efveeefcele he mes DevegJeleer& keee&Jeener kejkes yeQke kes $e+Ce mebefJeYeeie keer iegCeJellee ceW megOeej ueevee. $e+Ce jsefbie ceW megOeej kejves kes eeeme kejvee.
$e+Ce efveiejeveer keee&

efvejblej DeeOeej hej $e+Ce efveiejeveer DeefieceeW keer DeeefmleeeW keer iegCeJellee kees megefveefele kejves kes efueS Ske Deefle cenlJehetCe& Ieke nw. yeQke ceW veS efmuehespe kees jeskeves, $e+Ce mebefJeYeeie keer meceie iegCeJellee ceW megOeej kejves kes efueS Je mecee hej megOeejelceke keee&Jeener kejves nsleg efJeefYevve mlejeW hej DeefieceeW keer cee@veereEjie kejves kes efueS ceeefmeke efveiejeveer heefle nw $e+Ce efveiejeveer kes efueS keeheexjs mlej hej ceneeyebOeke keer osKe jsKe ceW Ske Deueie mes efJeYeeie Je #es$eere/Debeue mlej hej Ske efJeYeeie kee ie"ve efkeee ieee nw. Jewefeke efJelleere mebke kes hetJe&Jeleer& mebkeslekeeW kees Oeeve ceW jKeles ngS Fve efJeYeeieeW ves efmelecyej 2008 mes keee& kejvee eejbYe kej efoee nw. yeQke keer Deebleefjke $e+Ce veerefle kes lenle efmuehespe kees jeskeves kes efueS leLee eejefcYeke mlej hej ner efveOee&efjle Melees kes Deveghe mebYeeefJele iCe KeeleeW kes DeeJeMeke hegveie&"ve kes efueS meYeer Debeue/#es$eere keeee&uee ceW mueerhespe efveJeejke keee&oueeW kee ie"ve efkeee ieee nw. yeQke ves DeeefmleeeW keer iegCeJellee kees megOeejves Deewj efJeMes<e Oeeve osves eesie #es$eesb/MeeKeeDeesb kes efveOee&jCe kes efueS keee&veerefle leweej kejves Deewj meceeye he mes Gmes ueeiet kejves hej efJeMes<e Oeeve efoee nw. keeheexjs mlej hej $e+Ce efveiejeveer efJeYeeie kes cetue GsMe efvecve ekeej efveOee&efjle efkees ieS nQ. eejefcYeke DeJemLee ceW $e+Ce Keeles keer keefceeeW/mecYeeefJele etke/ MegDeeleer mlej hej iCelee keer efmLeefle kee helee ueieevee
Deefiece KeeleeW kee hegveie&"ve

DeeefmleeeW keer iegCeJellee ceW efvejblej megOeej kejves keer melele JeeJemeeefeke keee&veerefle kes lenle yeQke GeesieJeej SJeb eleske $e+Cekelee&Jeej Deefiece mebefJeYeeie keer iegCeJellee ceW megOeej kejves Deewj Fmekeer efvejvlej cee@veereEjie kejves kes yeejs ceW eefleye nw. Fve eeemeeW kee GsMe mecYeeefJele mecemeeDeesb kee efJeMues<eCe kejvee leLee Deefiece KeeleeW ceW DeejbefYeke ejCe ceW ner keefceeeW/ mecYeeefJele etke /MegDeeleer DemJemLelee kee helee ueieevee Meeefceue nw leeefke $e+Ce iegCeJellee ceW efiejeJe kees jeskeves kes efueS mecee jnles megOeejelceke keoce G"eS pee mekeW. keeheexjs keeee&uee ceW $e+Ce efveiejeveer efJeYeeie ves Deefece KeeleeW ceW MegDeeleer iCelee/mebYeeefJele etke/kecepeesjer keer heneeve kejves kes efueS keF& henueW keer nQ leeefke efmuehespe kees jeskeves kes efueS hee$e ceeceueeW ceW hegvej&evee meefnle megOeejelceke keej&JeeF& keer pee mekes Deewj Glke= Deeefmle iegCeJeee yeveeeer jKeer pee mekes. efJelleere Je<e& 2010-11 kes oewjeve yeQke ves Deveske Deefiece KeeleeW kee hegveie&"ve efkeee efpevekee efJeJejCe efvecveevegmeej nw. (` kejes[esb ceW) kegue 9,965 1,438.43 151 163.04 121 2.36 10,237 1,603.83
Deefiece KeeleeW kee hegveie&"ve (Iejsuet) 2010-11

efJeJejCe hegveie&ef"le ceeveke Deefiece hegveie&ef"le DeJe ceeveke Deefiece hegveie&ef"le mebefoiOe Deefiece kegue $e+efCeeeW keer mebKee yekeeee jeefMe $e+efCeeeW keer mebKee yekeeee jeefMe $e+efCeeeW keer mebKee yekeeee jeefMe $e+efCeeeW keer mebKee yekeeee jeefMe meer [er Deej heefle 3 166.01 1 154.24 0 0 4 320.25 Sme Sce F& hegveie&"ve 198 382.68 21 4.38 13 0.04 232 387.10 Deve 9,764 889.74 129 4.42 108 2.32 10,001 896.48
48

meeLe ner, Deheves Deblej&eêre heefjeeueve ceW yeQke ves Je<e& 2010- 11 kes oewjeve 71$e+efCeeeW kes $e+Ce KeeleeW kee hegveie&"ve efkeee efpeveceW kegue yekeeee jeefMe 2973.66 kejes[ Leer. yeQke ves Ge cetue Jeie& kes Deefiece KeeleeW ceW yeQke kes $e+Ce mebefJeYeeie keer DeeefmleeeW keer iegCeJellee ceW megOeej kejves kes efueS Deefiece KeeleeW keer ienve meceer#ee, efveece SJeb Melees kee Devegheeueve, $e+Ce jsefbie Deeefo kes Gvveeve kees megefveefele kejves kes efueS DevegJeleer& keee&Jeener kejves keer henue Yeer keer.
2010 -11
DeeefLe&ke Deemetevee FkeeF&

yeQke kes keeheexjs keeee&uee ceW keee&jle efJeMes<e DeeefLe&ke Deemetevee FkeeF&, veereflehejke JeJemeee Deeeespevee, efveJesMeke mebyebOe SJeb $e+Ce leLee Deeefmle oselee eyebOeve yeepeej peesefKece eyebOeve pewmes #es$eesb ceW Ge eyebOeve Jeie& kees meneesie osleer nw. en FkeeF& efveeefcele he mes Ge eyebOeve Jeie& leLee yeQke keer efJeefYevve heefjeeueve FkeeFeeW kees meceemecee hej ecegKe #es$eesb ceW pewmes Deeweesefieke SJeb mebie"veelceke efJekeeme, cege mHeerefle yeepe oj, me@ke mebeeueve, $e+Ce efJemleej SJeb yewefkebie Geesie nsleg mebmeeOeve pegevee, lejuelee SJeb efJeefvecee ojeW pewmes ecegKe #es$eesb kes mebyebOe ceW DeeJeefOeke he mes peevekeejer eoeve kejleer nw. Jeeheke DeeefLe&ke henuegDeesb, keeheexjs Deewj efJelleere #es$e keer veerefleeeW kes mebyebOe ceW yesnlej mecePe eoeve kej yeQke Dee@]He ye[ewoe keer DeeefLe&ke Deemetevee FkeeF& JeeJemeeefeke DeJemejeW kee DeefOekelece Heeeoe G"eves nsleg yeQke kes eeemeeW Deewj yeepeej kes meceerkejCeeW kes efnmeeye mes Deheves kees Devegketue yeveeves ceW meneesie eoeve kejleer nw. DeeefLe&ke Deemetevee FkeeF& eje Jeeheke DeeefLe&ke henuegDeesb, efJeefvecee mebyebOeer eieefle kes mebyebOe ceW Ske meehleeefnke F& yeguesefve kee ekeeMeve efkeee peelee nw. leeefke yeQkejeW, efveJesMekeeW, efveeecekeeW Je Deve Meer<e& GeesieeW kees Deheves mejeskeejeW mes DeJeiele kejeee pee mekes. en FkeeF& DeeefLe&ke ieefleefJeefOeeeW kee meejebMe emlegle kejles ngS yeQke keer yeewefke Meefe kes he ceW keece kejleer nw efpemekes DeeOeej hej YeefJe<e ceW meblegefuele keee&veerefleeeb leweej nesleer nQ.
Devegheeueve efJeefYevve uesKee hejer#ee pewmes peesefKece DeeOeeefjle Deebleefjke uesKee hejer#ee (DeeF&yeerDeeFS), meceJeleer& uesKee hejer#ee, metevee heefle uesKee hejer#ee, efJeosMeer efJeefvecee JeJemeee uesKee hejer#ee, Se Deej uesKee hejer#ee, kesJeeemeer SSceSue uesKee hejer#ee, eyebOeve uesKee hejer#ee ceW nes. peesefKece kee mlej Deewj Fmekeer efoMee kee efveOee&jCe Yeejleere efjpeJe& yeQke eje efveOee&efjle peesefKece cewef^keme eje efkeee peelee nw. efpememes Deleble peesefKece Jeeues #es$eesb keer heneeve ceW meneelee efceueleer nw Deewj efpeve hej lelkeeue megOeejelceke keee&Jeener kejves keer DeeJeMekelee nesleer nw. peesefKeceeW kes Jeieer&kejCe keer efmLeefle Deewj mebefceefele MeeKee jsefbie keer meceer#ee efleceener DeeOeej hej Smeeryeer eje keer peeleer nw. DeejyeerDeeF&S Deewj Deve efvejer#eCe/uesKee hejer#ee kee cetue GsMe efveosMeke ceb[ue Deewj Ge eyebOeve kees yeQke heefjeeueve ceW peesefKece eyebOeve keer heee&hlelee Je eYeeJeMeeruelee Je efveeb$eCe mJehe kes yeejs ceW heee&hle Deeeemeve osvee nw. Fvekee Devegheeueve ceeefveefjbie efveeb$eCe keeee&uee kes ecegKe kes nmlee#ejege megOeejelceke eceeCehe$e keer emlegefle mes keer peeleer nw. meceer#eeOeerve Je<e& kes oewjeve 8,538 uesKee hejer#eCe keee& meewhes SJeb mechevve efkees ieS efpeveceW DeejyeerDeeFS keer 2534 MeeKeeSb, 60 efjsue $e+Ce Hewkejer, 64 SmeSceF& $e+Ce Hewkejer, 255 efJeosMeer cege uesKee hejer#eCe Deewj 5625 Deve uesKee hejer#eCe Meeefceue nQ. peesefKece kes mebJeie& kees Oeeve ceW jKeles ngS Deeieeceer efvejer#eCe keer DeeJeefOekelee lee keer peeleer nw. owefveke heefjeeueve ceW nesves Jeeues peesefKece keer heneeve kejves, Deekeueve, ceeveefefjbie kejves Deewj peesefKece kece kejves kes efueS JeeJemeeefeke he mes me#ece meveoer uesKeekeejeW keer ]Hece& kes mebieeceer uesKee hejer#ekeeW eje uesKee hejer#eCe efvejblej/owefveke DeeOeej hej efkeee peelee nw. Yeejleere efjpeJe& yeQke kes efoMee efveoxMeeW kes Deveghe $e+Ce keer iegCeJellee Deewj ye[s $e+CeeW kes yeejs ceW Devegheeueve mlej kee Deekeueve kejves kes efueS nceejs yeQke ceW $e+Ce uesKee hejer#ee keer heefle DeheveeF& ieF& nw. $e+Ce uesKee hejer#ee heefle mes henues mes ner mebkesle, eefo keesF& nes, efceue peeles nQ efpememes efke $e+Ce eMeemeve ceW mecee jnles ner mecegefele megOeejelceke keee&Jeener eejbYe keer pee mekes. Je<e& 201011 kes oewjeve 2,800 $e+Ce KeeleeW keer $e+Ce uesKee hejer#ee keer ieF& efpeveceW ueieYeie 1,60,815 kejes[ heS keer efveefOe Je iewj efveefOe $e+Ce meercee kee meceeJesMe Lee. pees efke $e+Ce mebefJeYeeie kee ueieYeie 70% nw.
Deebleefjke efveeb$eCe heefle

etbefke yeQke ves Je<e& oj Je<e& JeeJemeeefeke ue#eeW kees heej kej efJekeeme keer lespe ieefle kees efvejblej yeveeS jKee nw, keWere efvejer#eCe Deewj uesKee hejer#ee efJeYeeie (meerDeeF&S[er) ves en megefveefele kejves kes efueS Deheves Deehe kees leweej kej efueee nw efke heefjeeueveiele FkeeFeeW eje yeQke keer keee&eCeeefueeeW, veerefleeeW Deewj eefeeeDeesb kee Devegheeueve efkeee peelee nw. meerDeeF&S[er, pees efke mJeleb$e he mes keee& kejlee nw, hegve: megefveefMele kejlee nw efke lespe JeeJemeeefeke ieefle kees yeveeS jKeles ngS efveeb$eCe kes mlejeW ceW keesF& keceer veneR Deeleer nw. meerDeeF&S[er kee en Oese nw efke MeeKeeDeesb kees eLeemebYeJe meneelee Je ceeie&oMe&ve eoeve kej Devegheeueve kees keee& mebmke=efle kee Ske efnmmee yeveeee peeS Deewj en JeJemeee kes meeLe neLe mes neLe efceueekej eues. meerDeeF&S[er, eOeeve keeee&uee ye[ewoe ceW efmLele nw Deewj efJeefYevve efvejer#eCe/ uesKee hejer#ee ieefleefJeefOeeeW kee mebeeueve 207 efvejer#eCe DeefOekeeefjeeW eje efkeee peelee nw pees Jeefj<" keee&heeuekeeW keer osKe jsKe ceW keee&jle ome Debeue efvejer#eCe keWesb mes mebye nQ. meerDeeF&S.[er,en megefveefele kejlee nw efke yees[& keer uesKee hejer#ee meefceefle (Smeeryeer) eje Devegceesefole megheefjYeeef<ele uesKee veerefleeeW, efvejer#eCe cewvegDeue kee
henue/keee&veerefle
keesj yewekebie meceeOeeve (meeryeerSme) kes Debleie&le 100% MeeKeeSb nesves kes f keejCe yeoueer ngF& Devegheeueve Dehes#eeDeesb kes Deveghe efvejer#eCe efjhees& kes eesHeecee&, Gmekes meej Je mkeesejie kes mJehe ceW heefjJele&ve efkeee ieee nw. fb keg Deleble peesefKece Jeeues ceeveob[eW kees Metve mJeerkeee&lee kes he ceW efveOee&efjle efkeee ieee nw Deewj Fvekee Devegheeueve efvejblej DeeOeej hej efkeee peelee nw. kesvere efvejer#eCe eYeeie kegske efjheess efHeveekeue (DeLee&led meeryeerSme mee@ HeJesDej) mes pevejs kejlee nQ leLee heeF& ieF& DeefveeefceleleeDeesb kes yeejs ceW MeeKeeDeesb kees metefele kejles ngS Gefele megOeej nsleg Dee@He-meeF efveiejeveer kejlee nQ. mebieeceer uesKee hejer#ekeeW kes meeLe efJeefYevve kesvesb hej efveeefcele yew"keW keer peeleer nQ. leLee uesKee hejer#ekeeW Je uesKee hejer#ekeeW kes meHe kes efueS efHeveekeue keee&MeeueeSb Deeeesefpele keer peeleer nQ
49
2010 -11
DeejyeerDeeF&S(peesefKece DeeOeeefjle Deebleefjke uesKee hejer#ee) kes oeejs kee efJemleej efkeee ieee nw leeefke #es$eere keeee&ueeeW, efJeosMeer cege kee uesve osve kejves Jeeueer yeer esCeer keer MeeKeeDeesb leLee kejsvmeer esmeW kees keJej efkeee pee mekes. keg efJeefMe< mesJee kesvesb pewmes efjsue ueesve Hewkejer, SmeSceF& ueesve Hewkejer efmeer yewke Dee@@efHeme, jerpeveue yewke DeeefHeme kes efvejer#eCe kes efueS Heecex yeveeS ieS /mebMeesefOele efkees ieS nQ leeefke Devegheeueve ceW megOeej efkeee pee mekeW.
ceeOece mes ieenke mesJee keer iegCeJellee kes mebyebOe ceW Heer[ yewke eoeve efkeee peelee nw. Fve yew"keeW kes oewjeve eehle megPeeJeeW/efJeeejeW kees mecesefkele kej MeeKee mlej hej ieenke mesJee kes megOeej kes mebyebOe ceW Fvekes keeee&efvJele efkees peeves keer JeJenee&lee keer peebe keer peeleer nw. yeQke meYeer ef[ueerJejer ewveueeW kes ceeOeceeW mes Glke=< ieenke mesJee eoeve kejves hej Oeeve os jne nw leLee efJeefYevve ekeej kes ieenkeeW keer efJeefJeOe ]pejleeW kes efueS mecegefele Jewkeefuheke ef[ueerJejer ewveueeW leLee F& Glheeo eeweesefiekeer eefeeeDeesb kes eje eoeve kejkes ieenkeeW keer meblegef kee mlej ye{eves kes efueS ueieeleej eeeme kej jne nw. ieenkeeW kes efJeefJeOe efnleeW leLee Deekeeb#eeDeesb kee efJeefYevve eefeeeDeesb leLee heefleeeW ceW megOeej kej kes Oeeve jKee pee jne nw.
yeQke ves peesefKece eyebOeve leLee peesefKece DeeOeeefjle efvejer#eCe keee&keueeheeW kees hetje kejves efke efueS kegMeue leLee eefMeef#ele keeefce&keeW keer meteer yeveeves nsleg meefee keoce G"eS. yeQke ves Deheves meHe meomeeW kes efueS Deevleefjke efveeb$eCe heefle kes efJeefYevve henuegDeesb hej Deevleefjke he mes eefMe#eCe keee&ece Deeeesefpele efkees, meeLe ner Deheves meHe kees yeenjer eefleefle mebmLeeveeW ceW eefMe#eCe kes efueS Yespee.
Devegheeueve
yeQke Yeejleere yeQefkebie mebefnlee Deewj ceeveke yees[& (yeermeerSmeyeerDeeF&) kee meome nw leLee yeQke ves yeermeerSmeyeerDeeF& eje Deiemle 2009 ceW mebMeesefOele ieenkeeW kes eefle Jeeveyelee mebefnlee leLee ceeFees SJeb ueIeg GeesieeW kes eefle Jeeveyelee mebefnlee kees Debieerke=le kej efueee nw. yeQke keer JesyemeeF hej mebefnlee eoefMe&le keer ieF& nw Deewj Fmes MeeKeeDeesb ceW ieenkeeW kes efueS Yeer GheueyOe kejeee ieee nw. Yeejleere efj]peJe& yeQke kes ieJeve&j ves Je<e& 2010-11 keer Jeeef<e&ke cege SJeb $e+Ceveerefle keer Iees<eCee kejles mecee emleeJe efkeee Lee efke meYeer yeQkeeW kees ieenke mesJee/ ieenke mejeskeejeW mes mebyebefOele cegesb hej efJeeej efJeceMe& leLee meceer#ee kejves kes efueS 6 cenerves ceW Ske yeej yees[& keer yew"keeW ceW mecee osvee eeefnS. Fmekes Devegheeueve ceW yeQke kes yees[& ves peveJejer- petve 2010 leLee pegueeF&-efomebyej 2010 ceW Ssmeer oes meceer#ee yew"keW Deeeesefpele keer. es yew"keW yeQke kes yees[& keer efoveebke 20 veJebyej 2010 leLee 26 ceee& 2011 kees ngF& yew"keeW kes oewjeve Deeeesefpele keer ieF&.
heefjeeueve SJeb mesJeeSb

ieenkeesvcegKeer eeeme Glke=< ieenke mesJee leLee ieenke meblegef ncesMee mes ner yeQke kes jespeceje& heefjeeueve kes cetue GsMe jns nQ. yeQke ieenkeeW keer pejleeW SJeb meblegef kes eefle ncesMee mes ner Deefle mebJesoveMeerve jne nw SJeb ieenkeeW kees melele DeeOeej hej Glke=< mesJee eoeve kejves nsleg eeweesefiekeer , eefeeeDeesb, GlheeoeW SJeb kece&eejer keewMeue kes eefle efvejvlej eefleye nw. neue ner ceW yeQke ves MeeKeeDeesb ceW ieenke mesJee ceW megOeej nsleg Deveske Gheee efkees nQ. meeLe ner Fmeves ieenke efMekeeeleeW kees lelkeeue otj kejves nsleg ieenke efMekeeele efveheeve eCeeueer kees meg{ efkeee nw.
MeeKeeDeesb kes mlej hej ieenke mesJee ceW megOeej kes eeeme
MeeKee mlejere ieenke mesJee meefceefle keer yew"keeW, efpemeceW Jeefj<" veeieefjkeeW, heWMevejeW meefnle meceepe kes njske leyekes kees Deecebef$ele efkeee peelee nw, kes
efveosMeke ceb[ue keer ieenke mesJee meefceefle
yeQke ves, yeQke kes DeOe#e SJeb eyebOe efveosMeke keer DeOe#elee ceW ieenke mesJee kes efueS efveosMeke ceb[ue keer Ghemeefceefle kee ie"ve efkeee nw. 31 ceee& 2011 kees Fme meefceefle ceW efvecveefueefKele meome Les. 1. eer Sce.[er ceuee- DeOe#e SJeb eyebOe efveosMeke 2. eer jepeerJe kegceej ye#eer- keee&keejer efveosMeke 3. eer Sve Sme eerveeLe - keee&keejer efveosMeke 4. [e@ ceMej&le Meeefno efveosMeke 5. eer ceewefueve Jew<CeJe- efveosMeke Ghe meefceefle eje veerefleeeW kee efvecee&Ce SJeb Devegheeueve keer meceer#ee keer peeleer nw. efpememes ieenke mesJee ceW melele megOeej megefveefele neslee nw. meefceefle eje peceekelee&Deesb/uee@kej OeejkeeW/megjef#ele DeefYej#ee ceW jKeer ieF& JemlegDeesb kes peceekelee&Deesb mebyebOeer ce=leke JeefeeeW kes 15 efoveeW keer DeJeefOe mes DeefOeke DeJeefOe kes efveheeves nsleg uebefyele oeJeeW keer efmLeefle keer efveiejeveer Yeer keer peeleer nw. en yeQefkebie ueeskeheeue kes efveCe&eeW kes keeee&vJeeve keer efmLeefle keer meceer#ee kejleer nw. meefceefle Ssmes efveCe&eeW ceW oMee&F& ieF& yeQke keer mebmLeeiele keefceeeW, eefo keesF& nes, kee Yeer efJeJejCe eoeve kejleer nw. efveosMeke ceb[ue keer ieenke mesJee meefceefle keer yew"keeW, efpevekeer yew"keW efJelleere Je<e& 2010-11 kes oewjeve efoveebke 21 petve 2010, 4 efomebyej 2010, 27 efomebyej 2010 leLee 26 ceee& 2011 kees ngF& Leer, ceW GheefmLeefle kee efJeJejCe Fme ekeej nw.
50

efveosMeke kee veece eer Sce.[er ceuee eer jepeerJe kegceej ye#eer eer Sve Sme eerveeLe [e@ ceMej&le Meeefno eer ceewefueve Jew<CeJe eer S. meescemegvojce DeJeefOe 1.04-2010 mes 31.03.2011 1.4.2010 mes 31.3.2011 1.4.2010 mes 31.3.2011 1.04.2010 mes 31.3.2011 3.9.2010 mes 31.3.2011 01.04.2010 mes 30.07.2010 Gvekes keee&keeue kes yew"keeW keer mebKee oewjeve Deeeesefpele efpemeceW Yeeie efueee yew"keeW keer mebKee 4 4 4 4 4 2 1 4 4 4 2 1
2010 -11
yewke kes heeme ieenke mesJee kes mebyebOe ceW efveosMeke ceb[ue eje Devegceesefole veerefleeeb nQ leLee FvnW yeQke keer JesyemeeF hej eoefMe&le efkeee ieee nw.
efveeues mlej hej ieenke meefceefleeeW leLee efJeefYevve DeOeeveeW/meJex#eCeeW mes eehle Heer[yewke/megPeeJeeW kes DeeOeej hej yewke ves meceer#ee Je<e& kes oewjeve MeeKeeDeesb ceW ieenke mesJee ceW megOeej ueeves kes efueS ieenkeesvcegKe keoce G"eS leLee henue keer.
kesJeeF&meer/SSceSue/meerSHeer
Deheves ieenke kees peeefveS(kesJeeF&meer) ceeveob[ OeveMeesOeve efveJeejke (SSceSue) ceeveke/ DeelebkeJeeo kes efJellehees<eCe kees jeskevee(meerSHeer) leLee heerSceSueS 2002 kes Devleie&le yeQke kee oeefelJe yewke kes heeme efveosMeke ceb[ue eje Devegceesefole kesJeeF&meer- S Sce Sue- meerSHeer hee@efuemeer nw. en veerefle yeQke kes kesJeeF&meer ceeveob[eW, SSceSue ceevekeeW, meerSHeer GheeeeW kee leLee Oeve MeesOeve efveJeejke DeefOeefveece (heerSceSueS) 2002 kes Devleie&le GheeeeW kee cetue DeeOeej nw. yewke ceW kesJeeF&meer SSceSue- meerSHeer keeee&vJeeve keer ecegKe efJeMes<eleeSb Fme ekeej nQ. Fueskeêsefveke lejerkes mes vekeoer uesveosve efjhees& pevejs kejvee Deewj kebhetj kes ceeOece mes FvnW efJelleere Deemetevee FkeeF& kees emlegle kejvee. eCeeueer DeeOeeefjle mebkesleeW (Sue&me) kees pevejs kejves nsleg SSceSue meesuetMeve kee mebmLeeheve/keeee&vJeeve. mebefoiOe uesveosve efjheeses (SmeerDeej) kee eCeeueer DeeOeeefjle lejerkes mes helee ueieevee leLee efJelleere Deemetevee FkeeF& kees emlegle kejvee. yeQke kes ieenkeeW kes KeeleeW kee eleske ceener ceW eCeeueer DeeOeeefjle peesefKece Jeieer&kejCe (SSceSue kes eje) kejvee. peeueer cege/ efjheesex (meermeerDeej) kees efJelleere Deemetevee FkeeF& veF& efouueer kees emlegle kejvee.
ieenke mesJee mebyebOeer mLeeF& meefceefle

yewke ves ieenke mesJee mebyebOeer eefeee leLee efve<heeove uesKee hejer#ee keer mLeeF& meefceefle ieef"le keer nw. Fme meefceefle ceW yeQke kes oesveeW keee&keejer efveosMeke, 4 ceneeyebOekeeW meefnle -3- eefleefle Jeefe meomeeW kes he ceW Meeefceue nQ. en meefceefle ieenke mesJee kes mebyebOe ceW Yeejleere efj]peJe& yeQke kes efoMeeefveoxMeeW kes mecee hej eYeeJeer keeee&vJeeve kes efueS ieef"le keer ieF& nw. meeLe ner en yeQke ceW eeefuele JeJenejeW SJeb eefeeeDeesb keer meceer#ee kejves SJeb efvejvlej DeeJeMeke megOeejelceke keej&JeeF& kejles jnves kee Yeer keee& kej jner nw. MeeKee mlej hej ieenke mesJee meefceefle keer yew"keeW ceW pees megPeeJe Deeles nw GvnW #es$eere keeee&ueeeW kes ceeOece mes efleceener DeeOeej hej eOeeve keeee&uee eje eehle kej efueee peelee nw leLee FvnW efve<heeoke uesKee hejer#ee mebyebOeer mLeeF& meefceefle kes mece#e jKee peelee nw. efHej meefceefle keer yew"keeW kee Heer[yewke, efveosMeke ceb[ue keer ieenke mesJee meefceefle kes mece#e emlegle efkeee peelee nw.
ieenke kesefvle Gheee SJeb efMekeeeleeW kee efveheeve

yewke ves efveosMeke ceb[ue eje Devegceesefole ieenke efMekeeele efveJeejCe hee@ efuemeer leLee ieenke efMekeeele efveJeejCe eCeeueer yeveeF& nw. yewke mes mebyebefOele efMekeeeleeW kes efueS eOeeve keeee&uee ceW ceneeyebOeke eYeejer heefjeeueve SJeb mesJeeSb efJeYeeie, kees vees[ue DeefOekeejer kes he ceW veeefcele efkeee ieee nw. Debeue leLee #es$eere mlejeW hej Debeue ecegKe leLee #es$eere ecegKeeW kees, mebyebefOele DebeueeW leLee #es$eesb ceW vees[ue DeefOekeejer veeefcele efkeee ieee nw. vees[ue DeefOekeeefjeeW kes veece leLee Gvekes sueerHeesve vecyej meYeer MeeKeeDeesb ceW eoefMe&le efkees ieS nQ. ieenke mesJee leLee efMekeeele efveJeejCe eCeeueer kes mebyebOe ceW meceer#ee vees eleske efleceener ceW efveosMeke ceb[ue kes mece#e jKee peelee nw. efpemeceW #es$eere keeee&uee leLee eOeeve keeee&uee mlej hej eehle efMekeeeleeW keer efmLeefle leLee DeJeefOe kes oewjeve ieenke mesJee ceW megOeej kes efueS yeQke eje G"eS ieS keoceeW kes meeLe DevegJeleer& keej&JeeF& keer peevekeejer oer peeleer nw. ieenke efMekeeeleeW kees hetjer lejn otj kejves leLee yeeOee jefnle ieenke mesJee eoeve kejves kes efueS ieenkeeW mes eehle efMekeeeleeW kee efJeMues<eCe efkeee peelee nw leLee mecee hej mecegefele keej&JeeF& keer peeleer nw leeefke YeefJe<e ceW Fme ekeej keer efMekeeeleeW keer hegvejeJe=efe ve nes.
kesJeeF&meer kes hetCe& Devegheeueve mes meHe kes meeLe meeLe ieenke kees Yeer efMeef#ele kejves ceW ceoo efceueleer nw, efpemekes efueS yewke ves efvecveefueefKele keoce G"eS nQ. yeQke ves ieenkeeW kes ueeYeeLe& kesJeeF&meer omleeJespeeW keer meteer yeQke keer JesyemeeF (www.bankofbaroda.com) hej eoefMe&le keer nw. yeQke kes Fvêves hej kesJeeF&meer - SSceSue hespe GheueyOe kejeee ieee nw efpeme hej kesJeeF&meer SSceSue meer SHe er efMe#eCe mes mebyebefOele efMe#eCe meeceieer GheueyOe kejeF& ieF& nw. yeQke kes eefMe#eCe eefleeveeW ceW kesJeeF&meer-SSceSue-meerSHeer efoMeeefveoxMeeW mes mebyebefOele efveeefcele eefMe#eCe he$e Deeeesefpele efkeS peeles nQ. Yeejleere efj]peJe& yeQke, Yeejleere yeQke mebIe leLee je<êre yeQke eyebOe mebmLeeve ceW Jeefj<" DeefOekeeefjeeW/keee&heeuekeeW kes efueS eefMe#eCe Deeeesefpele efkees peeles nw. yeQke kes eOeeve keeee&uee ceW o#elee neefmeue kejves nsleg keeheexj efkeesCe s leLee MeeKeeDeesb ceW kesJeeF&meer Dee@e[ nsleg meIeve eeeme efkees pee jns nw. @f
51
2010 -11
mejkeejer keejesyeej
yeQke kes mejkeejer keejesyeej efJeYeeie ves Je<e& 2010-11 kes oewjeve cegKe he mes leerve keee&keueeheeW hej Oeeve kesefvle efkeee nw. es nQ- efveev$eCe SJeb jKejKeeJe, JeJemeee efJekeeme SJeb heWMeve yewke DeeefHeme. efJeYeeie ves Deheves keee&keueeheeW kees megefJeOeepeveke yeveeves kes efueS veF& efouueer ceW meneeke ceneeyebOeke keer DeOe#elee ceW efJeMes<e ke#e keer mLeehevee keer nw leeefke Yeejle mejkeej kes efJeefYevve ceb$eeueeeW/efJeYeeieeW kes meeLe yesnlej mecevJee mLeeefhele nes mekes. Je<e& 2010- 11 kes oewjeve Fme efJeYeeie keer GuuesKeveere efJeMes<eleeSb efvecveefueefKele nQ. 1. yeQke kees osMe kes meYeer mesvûe efmeefJeue hesvMevejeW kes Yegieleeve kes efueS eeefOeke=le efkeee ieee. 2. meeLe ner, jsueJes yees[&, Yeejleere efj]peJe& yeQke, meerpeerS ves efmebieue efJev[es mkeerce kes lenle jsueJes heWMevejeW kes hesMeve Yegieleeve kes efueS eeefOeke=le kej efoee efpemekes Devleie&le eoe heWMeve jeefMe keer eeflehetefle& meerSSme veeiehegj mes keer peeSieer. 3. efoveebke 1 Deewue 2011 mes 55000 mes DeefOeke jsueJes hesvMevejeW keer heWMeve keer eesmesefmebie, Deye efmebieue efJev[es mkeerce kes lenle meerheerheermeer eje keer peeSieer. 4. meceer#ee Je<e& kes oewjeve yeQke kees leefceuevee[g, kesjue, GllejeKeb[, kevee&ke, DeebOee eosMe, heefece yebieeue leLee efouueer ceW jepe kej (ms wkeme) kes efueS F& Yegieleeve nsleg eeefOeke=le efkeee ieee nw. 5. F& mebheeW keer efyeeer kes efueS me@ke nesefu[bie Dee@@He Fbef[ee (SmemeerSeDeeF&Sue) kes meeLe kejej nes egkee nw. en JeJemeee iegpejele jepe ceW Meg nes egkee nw. 6. heWMevejeW kes efueS efJeMes<e yeQke yeele Glheeo ye[ewoe heWMeveme& yeele yeQke Keelee Meg efkeee ieee efpemeceW heWMevej Deheves oes ceen keer heWMeve jeefMe kes mecelegue kee DeesJej [êHe ues mekeles nQ. 7. leefceuevee[t leLee iegpejele jepe ceW DeejerDees Meguke keer Jemetueer. 8. Fmekes DeueeJee, yeQke Deye, jsueJes eeefhleeeW leLee Yegieleeve JeJemeee nsleg, Yeejleere ms yeQke kee meye - Spesv nesves kes yepeee [eejske Spesvmeer kes he ceW keee& kej jne nw. 9. meYeer Yeejleere ieenkeeW kes ueeYeeLe& yewke ves Ske emleeJe efJelle ceb$eeuee kees Yespee nw efpemeces heer heer SHe / Sme meer Sme Sme JeJemeee kes efueS 700 Deefleefjkele MeeKeeSb eeefOeke=le kejves kee DevegjesOe efkeee ieee nw. 10. yeQke ves mJeeeefuele eeflehetefle& eefeee kes Devleie&le heesmue leLee jsueJes eeefhleeeW Je Yegieleeve JeJemeee nsleg mebMeesefOele uesKee heefleeeW Deewj eCeeefueeeW kees keeee&efvJele kej efoee leeefke vesiesefJe Heuees kes keejCe nesves Jeeueer neefve mes yeee pee mekes. 11. S er Sce kes ceeOece mes Deeekej kes Yegieleeve keer MegDeele kejvee. 12. ieenke Fvjves yeQefkebie megefJeOee ye[ewoe keveske" kes ceeOece mes pecee efkees ieS Deeekej kes 26 SSme efJeJejCe kees osKe mekeles nQ. 13. yeQke kees osMe kes meYeer mLeeveeW hej F&- cees[ kes peefjS meercee Meguke keer Jemetueer kes efueS eeefOeke=le efkeee ieee nw
meleke&lee
yewke ceW meleke&lee mebyebOeer keee&keueehe eyebOekeere keee&keueeheeW kee Ske DeefJeYeepe Debie nQ efpevekee ecegKe GsMe nw -1 F&ceeveoejer megefveefele kejvee 2. efveoex<eeW kees yeeevee (DeLee&led iegCeJelleehetCe& efveCe&eeW kees meceLe&ve osvee) 3. efve<"e kes efueS Dejepeke lelJeeW kees otj kejvee 4. efJelleere leLee yeQke keer eeflee oesveeW ner #es$eesb ceW neefveeeW mes yeeeJe kejvee. JeJemeee neefve, pees mener JeeefCeefpeke efveCe&e kes HeuemJehe ngF& nw leLee DemeeOeejCe neefve, pees yeoveerele ee ueehejJeener mes kele&Je kee efveJee&n ve kejves keejCe ngF& nw, kes yeere efJeJeskehetCe& Yeso efkeee ieee nw. Ske Deesj lees nceW Deheves kece&eeefjeeW kee ceveesyeue Tbee jKevee nw, JeneR otmejer Deesj yesF&ceeve JeefeeeW kes eeemeeW kees efJeHeue kej osvee nw. Fmekes efueS efJeYeeieere keej&JeeF& kees efve<ke<e& hej hengbeeves kes efueS eeeme efkees pee jns nQ.
eer Sce.[er. ceuee, DeOe#e SJeb eyebOe efveosMeke yeQkejeW mes mebyebefOele meleke&lee hej efleceener yee@ye efJeefpeueWme vetpeuesj kee efJeceeseve kejles ngS.
yeQke ceW kechetjerke=le / F&-yeQefkebie heefjJesMe ceW GYejles veS peesefKece kes #es$eesb ceW meleke&lee ceMeervejer Deheveer Yetefcekee ye[s ner eYeeJeer {bie mes efveYee jner nw. Fmekes DeueeJee meYeer #esCeer kes meHe kees efJeefYevve efveJeejke GheeeeW kes yeejs ceW peeie=le efkeee pee jne nw. yeQke Yeejle mejkeej kes efoMee-efveoxMeevegmeej, efveJeejke, efvejesOeke leLee ob[elceke meleke&lee kes efueS mecegefele keoce G"e jne nw. yeQke kes meleke&lee efJeYeeie ves meHe meomeeW kes yeere peeuemeepeer keer efJeefYevve keee&eCeeefueeeW kees MesDej kejves keer ef mes efleceener efJepeerueWme vetpeuesj kee MegYeejbYe efkeee nw leeefke Jes meeJeOeeve jnW Deewj Fme ekeej kes eeemeeW kes efMekeej ve yeveW. yeQke ves kece&eeefjeeW ceW keee& kejves keer eefeee ceW meleke&lee SJeb eewkemeer kees ye{eJee osves nsleg OeesKeeOe[er kes eeemeeW kee helee kejves DeLeJee efJeHeue kejves / OeesKeeOe[er mes yeQke kees yeeeves Jeeues kece&eeefjeeW kes efueS hegjmkeej eoeve kejves keer eespevee eejbYe keer nw. heefjeeueve meHe kees peeiekelee, meleke&lee SJeb efve<"ehetJe& eeemeeW mes Dejepeke lelJeeW eje efJelleere Je<e& Deewue 2010 mes ceee& 2011 kes oewjeve 58 OeesKeeOe[er kes eeeme efJeHeue kej efoS ieS efpemekes HeuemJehe yeQke yengle ye[er efJelleere neefve mes yee ieee.
keejesyeej efve<heeove
Je<e& 2010-11 kes oewjeve JeJemeee efJekeeme kes #es$e ceW yeQke keer ecegKe GheueefyOeeeW kee yeewje veeres efoee ieee nw.
52
2010 -11
mebmeeOeve mebienCe SJeb Deeefmle efJemleej

31 ceee&, 2011 kees kegue mebmeeOeveeW keer leguevee ceW yeQke keer peceejeefMeeeW keer DebMeOeeefjlee 85.22% jner. kegue peceejeefMeeeb . 2,41,261.93 kejes[ kes mlej mes ye{kej . 3,05,439.48 kejes[ nes ieF& pees efheues Je<e& mes 26.60% keer Je=ef oMee&leer nw. kece ueeiele Jeeueer peceejeefMeeeW ceW cenlJehetCe& Ieke yeele yeQke peceejeefMeeeW ceW 22.67% keer Je=ef ngF& Deewj es . 52543.92 kejes[ mes ye{kej . 64,454.04 kejes[ nes ieF&. kegue pecee jeefMeeeW (Iejsuet leLee Jewefeke) ceW kece ueeiele Jeeueer peceejeefMeeeW (eeuet SJeb pecee) kee DebMe 28.68% jne Deewj Iejsuet peceejeefMeeeW ceW en eefleMele 34.36% jne. Je<e& 2010-11 kes oewjeve Yeejle ceW JeeefCeefpeke yeQkeeW eje efjsue efceeeoer peceejeefMeeeW hej 200 mes 250 DeeOeej Debke ye{ekej yengle ner Deeke<e&ke yeepe ojW eoeve keer ieF, efpememes kece ueeiele Jeeueer peceejeefMeeeW ceW Deeke<e&Ce kece jne. Je<e& 2010-11 kes oewjeve yeQefkebie Geesie ceW kece ueeiele Jeeueer, peceejeefMeeeW (keemee) kee DebMe kegue peceejeefMeeeW keer leguevee ceW ye[er lespeer mes veeres Dee ieee. yeQke Dee@@]He ye[ewoe ceW Yeer Iejsuet keemee kee DebMe Je<e& oj Je<e& DeeOeej hej 35.63% mes efiejkej 34.36% hej Dee ieee. Je<e& 2010-11 kes oewjeve yeQke kes Jewefeke DeefieceeW ceW yeQefkebie Geesie kes Deewmele mes DeefOeke 30.65% keer DeYetlehetJe& Je=ef ngF&. Iejsuet DeefieceeW ceW 28.69% keer Je=ef leLee efJeosMeer DeefieceeW ceW 36.59% keer Je=ef ope& ngF&. Yeejleere yeQefkebie Geesie mes efYeVe Je<e& 2010-11 kes oewjeve yeQke Dee@@]He ye[ewoe keer kegue $e+Ce Je=ef (30.65%) Fmekes kegue pecee Je=ef (26.60%) kes meceeve ner jner.
nwojeyeeo ceW keeheexjs nesuemesue eenkeeW kees mebyeesefOele kejles ngS DeOe#e SJeb eyebOe efveosMeke eer Sce. [er. ceuee.
yeQke kee nesuemesue yeQefkebie eYeeie meYeer ekeej kes $e+Ce Glheeo SJeb mesJeeSb pewmes ceereeoer $e+Ce, DeuheeJeefOe $e+Ce, ceebie $e+Ce, keee&keejer hetbpeer megefJeOeeSb, Jeeheej efJelle Glheeo, ^spejer Glheeo, hetjke $e+Ce, meecetefnke $e+Ce, mebjeveelceke $e+Ce, efJeosMeer cege, yeepe oj mJewhe, efJeosMeer cege $e+Ce, YeeJeer efkejeee eeefhleeeW kes hess $e+Ce, Deeefo Deheves ye[s SJeb ceOece keeheexjs ieenkeeW kees Gvekeer pejle kes Devegmeej eoeve kej jne nw. $e+Ce Glheeo ieenkeeW keer peesefKece eesHeeFue SJeb efveefo&< pejleeW kees Oeeve ceW jKekej leweej efkees ieS nQ. yesnlej Glheeo ef[ueerJejer, mesJee GvcegKe JeJenej, ieenkeesvcegKe efkeesCe Deheveeles ngS mecee mes Je lelkeeue cebpetjer eoeve kejkes yeQke ves Deveske yengje<êre kebheefveeeW, Iejsuet Jeeheeefjke kesvesb leLee ecegKe meeJe&peefveke kebheefveeeW kees Deveske nesuemesue yeQefkebie Glheeo cegnwee kejeves keer JeJemLee keer nw. nesuemesue yeQefkebie efJeYeeie kees Je<e& 2010-11 ceW keeheexjs mebyebOeeW kees cepeyetle kejves kee Je<e&" kes GsMe leLee ceewpetoe ieenkeeW mes JeJemeee kee DebMe megOeejves kes meeLe Meg efkeee ieee Lee. Fme ekeej Gvekes meeLe mebyebOeeW kees cepeyetle yeveevee Lee leLee pees ieenke nceejs yeQke mes Deyeleke yeQefkebie veneR kej jns Les Gvekes meeLe veS mebyebOeeW kee efvecee&Ce kejvee Lee. nesuemesue yeQefkebie kes lenle keeheexjs ieenkeeW kees ye[s SJeb ceOece keeheexjs kes he ceW efveOee&efjle efkeee peelee nw. . 500 kejes[ mes DeefOeke keer Jeeef<e&ke efyeeer ve& DeesJej Jeeueer kebheefveeeW kees ye[s keeheexjs leLee . 150 kejes[ mes . 500 kejes[ leke keer Jeeef<e&ke efyeeer ve& DeesJej Jeeueer kebheefveeeW kees efce[ keeheexjs kes he ceW Jeieer&ke=le efkeee peelee nw. 2010-11 kes oewjeve nesuemesue yeQefkebie eYeeie ves Deheveer Heem ^ske eespevee kes ceeOece mes henueer yeej . 36318.67 kejes[ kes 239 veS emleeJe cebpetj efkees Deewj ceewpetoe KeeleeW ceW . 41660.31 kejes[ keer ye{esllejer keer. Fme ekeej Fme efJeYeeie mes kegue cebpetjer ye{kej . 77978.98 kejes[ hej hengbe ieF&. Fve cebpetefjeeW mes efheues Je<e& keer leguevee ceW . 7900 kejes[ keer Je=ef ngF&. veF& mJeerke=efleeeb cegKele: ueesne SJeb Fmheele, cesue SJeb cesue mes yeves GlheeoeW, JeeefCeefpeke jereue Sms, leLee mebjeveelceke #es$eesb pewmes heeJej, jes[, sueerkecetefvekesMeve Deeefo kees eoeve keer ieF&.
efveefOeeeW keer mebjevee - Jewefeke

efJeJejCe ceee& 2010 kees meceehle . kejes[ 2,41,261.93 1,85,500.25 55,761.68 13,350.09 ceee& 2011 kees meceehle . kejes[ 3,05,439.48 2,33,323.30 72,116.18 22,307.85 Je=ef
peceejeefMeeeb Iejsuet efJeosMeer GOeej Jewefeke Deefiece efJeJejCe
26.60% 25.78% 29.33% 67.10%
ceee& 2010 kees meceehle . kejes[ 1,75,035.28 1,31,643.62 43,391.66
ceee& 2011 kees meceehle . kejes[ 2,28,676.36 1,69,407.86 59,268.50
Je=ef
Deefiece Iejsuet efJeosMeer
30.65% 28.69% 36.59%
nesuemesue yeQefkebie
cepeyetle keeheexjs $e+Ce keuej leLee Deewmele yeQefkebie Geesie mes DeefOeke $e+Ce ceW melele Je=ef ner yeQke Dee@@]He ye[ewoe kes ecegKe efJeYesoke keejke nQ.
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nesuemesue yeQefkebie ceW ve& SjeGv[ eFce (efveheeve mecee) ceW keceer
efJeYeeie ves $e+Ce eMeemeve ceW me#ece ewveueeW kes ceeOece leLee yesnlej hejchejeDeesb kees Deheveeles ngS lespeer mes megheo&ieer hej Oeeve kesefvle efkeee. Fme yeele kes Yeer eeeme efkees ieS efke efveCe&eeW keer iegCeJellee mes mecePeewlee efkees efyevee lJeefjle efveCe&e efueS peeSb. $e+Ce emleeJe kes eehe kees mejue yevee efoee ieee leeefke meYeer cegKe cegKe meteveeSb GsMe kees Oeeve ceW jKekej Skeef$ele keer pee mekeW. Fmemes efveCe&e peuoer efueS pee mekeWies. Fme eefeee ves yeQke keer efveheeve DeJeefOe kees keeHeer no leke kece kej efoee. efJeYeeie kee en eeeme nw efke efveheeve DeJeefOe kees mJeerke=efle keer DeeJeMekeleeDeesb kes Deveghe 25 efove mes kece kej efoee peeS.
3. ye[er mebKee ceW MeeKeeDeesb kes $e+Ce hees&HeesefueeeW kees mebeeefuele kejves Jeeues $e+Ce DeefOekeeefjeeW leLee Hee@jskeme DeefOekeeefjeeW kees efveeefcele he mes eefMeef#ele efkeee ieee. 4. Gllejer cegbyeF&, iesj veesS[e, leLee metjle ceW Deefleefjkele keeheexjs efJelleere mesJee MeeKeeSb Keesueves kes efueS eespevee leweej keer ieF&. 5. en efJeYeeie Deueie mes JeJemeee kes he ceW mesiecesv efveOee&efjle kejves kes efueS efce[ keeheexjs mesiecesv KeeleeW kees yeejerkeer mes Keespe kej jne nw. Fmekeer Je<e& 2011-12 kes oewjeve 14 SkemekeuetefmeJe efce[ keeheexjs MeeKeeSb Keesueves keer eespevee emleeefJele nw efpemekes efueS Yeejleere efj] peJe& yeQke mes ueeFmeWme eehle kej efueee ieee nw. 6. efJeYeeie ves yengle mes ieenkeeW leLee keeheexjs kes meeLe yeQke kes Ge eyevOeve keer Jeve t Jeve yew"keW Deeeesefpele keer, leeefke Gvekes JeJemeee leLee $e+Ce DeeJeMekeleeDeesb kes yeejs ceW peevekeejer eehle keer pee mekes. 7. efJeYeeie ves kewcheme leLee Yeejleere meveoer uesKeekeej mebmLee (DeeF&meerSDeeF&) mes efJeMes<e%e esCeer kes DeefOekeeefjeeW keer Yeleer& ceW meefee efe efoKeeF& leLee GvnW MeeKeeDeesb / eMeemeefveke keeee&ueeeW ceW $e+Ce eMeemeve kes #es$eesb ceW lewveele kejeee leeefke veewkejer es[ves / mesJeeefveJe=efe kes keejCe ngF& efjefkeleeeW kees Yeje pee mekes.
heefjeespevee efJelle eYeeie

nesuemesue yeQefkebie kes Ske Yeeie, heefjeespevee efJelle eYeeie ves Je<e& 2010-11 kes oewjeve 156 er F& Jeer (lekeveerkeer JeJenee&lee SJeb DeOeeve) leLee heefjeespeveeDeesb kes hegvejer#eCe SJeb meecetefnke meewoeW kes ceeOece mes kegue . 19.14 kejes[ keer Meguke Deee Deefpe&le keer. en 2009-10 kes oewjeve er F& Jeer, heefjeespevee hegvejer#eCeeW leLee meecetefnke meewoeW mes Deefpe&le keer ieF& . 6.84 kejes[ keer Meguke keer leguevee ceW nw. eYeeie ves efheues Je<e& 3 efmev[erkesMeve [erue keer leguevee ceW Fme Je<e& 15 efmev[erkesMeve meewos HeeFveue efkees. Fmeer ece ceW Meguke eeefhleeeb efheues Je<e& . 3.98 kejes[ keer leguevee ceW ye{kej . 14.67 kejes[ nes ieF&. . 30.42 kejes[ keer kegue yegke ngF& mecetnve Heerme ceW mes . 14.67 kejes[ keer jeefMe henues ner eehle nes egkeer nw leLee Mes<e jeefMe . 15.75 kejes[ Je<e& 2011-12 kes oewjeve eehle keer peeSieer.
Kegoje (efjsue) JeJemeee

efJelleere Je<e& 2010-11 kes oewjeve, henues keer Yeebefle JeJemeee Je=ef nsleg Kegoje JeJemeee keer Yetefcekee ecegKe yeveer jner. efJelleere Je<e& 2010-11 kes oewjeve Kegoje yeQefkebie mesiecesv ceW yeQke kee keee&efve<heeove efvecveevegmeej jne -
nesuemesue yeQefkebie ceW ceekexefbie eeeme

efJeYeeie keer Ske hetCe& ceekex Deemetevee FkeeF& leLee pegPee ceekexefbie erce mLeeefhele kejves keer eespevee nw leeefke cenlleJehetCe& JeJemeee mebYeeJeveeDeesb kes heefjes#e ceW Keemekej $e+Ce efmev[erkesMeve ceW, veF& kebheefveeeW kees ueef#ele efkeee pee mekes. Fme efJeYeeie mes peg[e heefjeespevee efJelle efJeYeeie YeeJeer heefjeespeveeDeesb kees efeefvnle kejves kes efueS efveeefcele DeeOeej hej eespeske g[s" [eeyesme Skeef$ele kej jne nw, leLee YeeJeer veF& heefjeespeveeDeesb keer heneeve kej jne nw. Yeejle kes efJeefYevve jepeeW ceW leLee nesuemesue yeQefkebie efJeYeeie mes peg[s efjuesMeveefMehe DeefOekeejer Deheves Deheves jepe ceW ceewpetoe FkeeFeeW mes ueieeleej mebheke& kej jns nQ leLee Gve jepeeW ceW veS ieenkeeW kees ue#e yevee kej Debeue keeee&ueeeW keer ceoo kej jns nQ
Kegoje $e+CeeW kes lenle Je=ef

31 ceee&, 2011 kees yeQke kes yekeeee Kegoje $e+Ce . 32,434.84 kejes[ Les peyeefke 31 ceee&, 2010 kees es . 24,247.71 kejes[ Les. efJelleere Je<e& 2010-11 kes oewjeve Je=ef oj 33.76% (. 8187.12 kejes[) ope& keer ieF& peyeefke efheues Je<e& en Je=ef 23.53% (. 4619.76 kejes[) Leer. heebe ecegKe GlheeoeW kes Devleie&le (ueeyees[ / Dees[eryeerDees[er Deeefo kes DeueeJee) Je=ef oj 21.56% (. 4094.72 kejes[) Leer peyeefke ceee& 2010 kes Deble ceW en . 18992.00 kes mlej hej Les. efJelleere Je<e& 2009-10 keer Fmeer DeJeefOe kes oewjeve heebe ecegKe GlheeoeW kes Devleie&le Je=ef oj 22.65% (. 3507.36 kejes[) Leer peyeefke ceee& 2009 kes Deble ceW en . 15484.63 kejes[ kes mlej hej Les.
Deve henueW
Fmekes DeueeJee yeQke kes nesuemesue eYeeie ves Je<e& 2010-11 kes oewjeve Deheves hees&Heesefueees kees meg{ kejves kes efueS efvecveefueefKele keoce G"eS.
1. yeQke kes keeheexjs keeee&uee leLee yeQke keer heefjeeueve FkeeFeeW kes yeere hejmhej leeuecesue / mebheke& JeJemLee ceW heee&hle megOeej efkeee ieee. Fmekes efueS efJeefYevve eeespeveeW kes efueS pewmes efmeevlele: mJeerke=efle, $e+Ce emleeJe Deeefo ceW mebMeesOeve / emlegleerkejCe kes efueS Deueie mes F&-cesue DeeF& [er efveefce&le efkees ieS. 2. veF& kewcheme Yeefle&eeW meefnle efJeYeeie ceW keee&jle DeefOekeeefjeeW kes %eeve SJeb keewMeue ceW Je=ef nsleg efJeMes<e Oeeve efoee pee jne nw.
Kegoje $e+Ce kes Devleie&le SveheerS

31 ceee&, 2011 kees Kegoje $e+CeeW kes Devleie&le SveheerS keer jeefMe . 579.83 kejes[ (1.79%) nw peyeefke 31 ceee&, 2010 kees Fmekee mlej . 511.77 kejes[ (2.11%) Lee.
yeele yeQke peceejeefMeeeb

31 ceee&, 2011 kees yeQke keer Iejsuet yeele peceejeefMeeeb . 62,959.07 kejes[ Leer. yeele yeQke peceeDeesb ceW 31 ceee&, 2010 kes mlej . 51,257.55 kejes[ keer leguevee ceW Je=ef oj 22.83% (. 11,702 kejes[) jner.
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2010 -11
Je<e& 2010-11 kes oewjeve Kegoje yeQefkebie mebyebOeer henueW

veS GlheeoeW keer MegDeele 2010-11 kes oewjeve mJeCe& DeeYet<eCeeW / pJewuejer kes hess ye[ewoe ^s[me& ueesve veece mes veee efjsue Deeefmle Glheeo Meg efkeee ieee. meeLe ner yeQke keer meYeer cesês leLee Menjer MeeKeeDeesb ceW Fmemes efYevve ``meesves kes DeeYet<eCeeW / pJewuejer kes hess ye[ewoe Deefiece'' keer MegDeele keer ieF&. ye[ewoe heme&veue ueesve kes lenle efjsue Deefiece eespevee keer MegDeele 4 efomecyej, 2010 mes 11 efomecyej, 2010 leke meerefcele DeJeefOe kes efueS keer ieF&. Fmes heWMeve efJekeuhe kes efueS mesJeeefveJe=lle kece&eeefjeeW kees ye[ewoe ueesve veece efoee ieee. Yeejle mejkeej, ceeveJe mebmeeOeve efJekeeme ceb$eeuee kes efveosMeevegmeej DeeefLe&ke he mes kecepeesj Jeiees kes efJeeeefLe&eeW kes efueS efMe#ee $e+Ce yeepe meefyme[er eespevee (SpetkesMeve ueesve Fv^sm meefyme[er mkeerce) keer MegDeele keer ieF&. efoveebke 15 Dekeletyej, 2010 kees 444 efoveeW kes efueS 8.10% yeepe oj hej Ske veS ceereeoer pecee (ce& ef[heesefpe) Glheeo - ``ye[ewoe GlmeJe ef[heesefpe mkeerce'' keer MegDeele keer ieF& efpemes mecee-mecee hej mebMeesefOele efkeee ieee leLee 1 ceee&, 2011 mes yeepe oj kees ye{ekej 9.35% kej efoee ieee. Fme Glheeo kes Devleie&le ceee& 2011 keer meceeefhle hej . 19,918/- kejes[ keer veF& peceejeefMeeeb mebie=nerle keer ieF&. yeele yeQke mesiecesv kes Devleie&le oes veS efjsue oselee GlheeoeW keer MegDeele keer ieF& efpemes ye[ewoe heWMeveme& yeele yeQke Keelee" veece efoee ieee leLee Fbef[ee Hem&ueeFHe FbMeesjWme keb. kes meeLe eF&Dehe JeJemLee kes Devleie&le Ske peerJeve yeercee menye yeele Glheeo efoveebke 15 peveJejer, 2011 kees Meg efkeee ieee. Fmes ye[ewoe peerJeve megj#ee yeele Keelee" veece efoee ieee.
efpemeceW 10,14,589 KeeleeW kes lenle . 3,081 kejes[ keer veF& yeele yeQke pecee jeefMeeeb mebie=nerle keer ieF&. efjsue ueesve heesHeeseueeeW kes mebJe&ve nsleg efoveebke 1 Dekeletyej, 2010 mes 31 & f efomecyej, 2010 leke efjsue ueesve HesmerJeue DeefYeeeve keer MegDeele keer ieF&. Fme DeefYeeeve kes oewjeve nesceueesve leLee Dee@es ueesve kes lenle . @ 1,218 kejes[ kes $e+Ce efJeleefjle efkees ieS. otmeje efjsue ueesve DeefYeeeve pees Keemekej nesce ueesve leLee Dee@es ueesve hej kesefvle Lee, efoveebke 1 HejJejer, @ 2011 mes 31 ceee&, 2011 leke eueeee ieee. Fme DeefYeeeve kes oewjeve .891.74 kejes[ kee veee JeJemeee efkeee ieee. DeeJeleer& pecee leLee eLeeMeefe pecee eespevee kes Devleie&le peceeDeesb keer DeefOekelece DeJeefOe kees 36 cenerves mes ye{ekej 120 cenerves kej efoee ieee. efoveebke 1 efmelecyej 2010 mes keej $e+CeeW hej yeepe oj {ebes kees cee$ee DeeOeeefjle yeepe oj mes DeJeefOe DeeOeeefjle yeepe oj ceW mebMeesefOele kej efoee ieee. $e+Cekelee&Deesb keer megefJeOee kes efueS efoveebke 9 Deiemle, 2010 mes Dee@@veueeFve Dee@@es ueesve DeeJesove cee@[etue ueeFJe kej efoee ieee. yeQke kes nesce ueesve $e+Ce kelee&Deesb kees peerJeve yeercee keJej eoeve kejves kes efueS Fbef[eeHem& ueeFHe FbMeesjWme kebheveer kes meeLe eF& Dehe JeJemLee keer ieF&. mecetn $e+Ce yeercee eespevee, kes Devleie&le keeske ueeFHe FbMeesjWme Je Fbef[eeHem& ueeFHe FbMeesjWme kebheveer kes meeLe eF& Dehe JeJemLee kes Devleie&le yeQke kes meHe meomeeW kes efueS efoveebke 1 Dekeletyej, 2010 mes ``hegjmkeej Je mecceeve eespevee'' keer MegDeele keer ieF&. yeQke ves Je<e& 2010-11 keer henueer efleceener ceW veesS[e ceW veF& pesve veskem MeeKee Keesueer. Deye pesve veskem MeeKeeDeesb keer mebKee ye{kej Dee" nes ieF& nw. Je<e& 2010-11 kes oewjeve kejesue yeeie, veF& efouueer, jeehegj, uegeOeeevee f leLee veeefmeke ceW 5 veF& efjsue ueesve Hewkeefjeeb Keesueer ieF& peyeefke peesOehegj ceW ceewpetoe efjsue ueesve Hewkejer kees yebo kej efoee ieee. Fmekes meeLe yeQke keer kegue efjsue ueesve HewkeefjeeW keer mebKee Deye 35 nes ieF& nw. ceewpetoe DeeJeeme $e+Ce leLee efMe#ee $e+Ce KeeleeW kees keeske ueeFHe FbMeesjWme leLee Fbef[eeHem& ueeFHe FbMeesjWme kes meeLe eF& Dehe JeJemLee kes lenle efoveebke 31 efomecyej, 2010 mes ieghe esef[ ueeFHe FbMeesjWme keJej keer heefjefOe ceW ueeee ieee.
Oeve mebheoe eyevOeve mesJeeSb

veS efjsue oselee Glheeo
JeJemeee mebyebOeer veJeesvces<eer henueW

kece ueeiele Jeeueer peceejeefMeeeb mebie=nerle kejves kes efueS efoveebke 21 petve, 2010 kees leerve ceen keer DeJeefOe kes efueS yeele yeQke pecee DeefYeeeve keer MegDeele keer ieF&. Fme DeefYeeeve kes oewjeve . 1,944 kejes[ keer veF& yeele yeQke pecee jeefMeeeb mebie=nerle keer ieF&. otmeje yeele yeQke DeefYeeeve efoveebke 1 efomecyej, 2010 mes 31 ceee&, 2011 leke Meg efkeee ieee
ieenkeesvcegKe GheeeeW kes he ceW yeQke petve 2004 mes Deheves Ge ceeefueele Jeeues (Se Sve DeeF&) leLee mece= SJeb mechevve ieenkeeW kees Ske ner mLeeve hej mechetCe& efJelleere meceeOeeve kes he ceW Oeve mebheoe eyevOeve mesJeeSb eoeve kej jne nw. Jele&ceeve ceW yeQke efJeefYevve meePesoejeW kes meeLe eF& Dehe JeJemLee leLee peerJeve yeercee Je cetegDeue Heb[ kes #es$e ceW yeQke mebegkele GeceeW (pesJeer) kes meeLe Deheveer MeeKeeDeesb kes ceeOece mes peerJeve yeercee, iewj peerJeve yeercee, efpemeceW mJeemLe yeercee cetegDeue Heb[ leLee FefkeJeer ^sef[bie pewmes efJeefYevve Deve he#eere Glheeo Meeefceue nQ, mesJeeSb eoeve kej jne nw.
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2010 -11
Fmekes DeueeJee efheues keg Je<ees kes oewjeve yeQke ves cetegDeue Heb[ leLee ueeFHe FbMeesjWme mesiecesv ceW Debleje<êre yeev[eW kes meeLe efceuekej oes mebegkele Gece mLeeefhele efkees nQ. ceetegDeue Heb[ mesiecesv ceW ye[ewoe heeeesefveej Smes cesvespeceW keb. efue. heeeesefveej FveJesmceW keb. Fueer keer meneesieer kebheveer nw leLee peerJeve yeercee #es$e ceW Fbef[eeHem& ueeFHe FbMeesjWme keb. DeevOee yeQke, Sue S[ peer etkes kee mebegkele Gece nw, ves Yeejleere yeepeej ceW mJeeb kees meHeuelee hetJe&ke mLeeefhele efkeee nw Deewj eejbefYeke ejCe ceW Dehevee GlmeenJe&ke JeJemeee efkeee nw. yeQke ves Je<e& kes oewjeve Deheves ieenkeeW kees cetue JeefOe&le mesJee eoeve kejves kes efueS 2100 Deewj MeeKeeDeesb ceW S Sme yeer S (yueeke jeefMeJeeues DeeJesoveeW) DeLee&led (DeeF&heerDees / SHeheerDees, jeF FMet ceW DeeJesove kejves keer hetjke eefeee) eejbYe keer nw. nceeje eeeme nw efke ieenkeeW kes efnleeW keer megj#ee kejW leLee GvnW veF& mesJeeSb eoeve kejW. yeQke ves ves yeQefkebie ieenkeeW kes efueS Je<e& kes oewjeve, Dee@@ve ueeFve SSmeyeerS megefJeOee keer MegDeele keer nw pees ye[ewoe keveske (DeLee&led yeQke kee Fvjves yeQefkebie huesHeece&) kes ceeOece mes DeeF&heerDees / SHeheerDees / SveSHeDees kes efueS DeeJesove kejves kes Fgke ieenkeeW kees Deheves Iej / efveJeeme mes mejue, lelkeeue, megjef#ele leLee 24X7 megefJeOee cegnwee kejelee nw. yeQke ves JeJemeee keer ef mes 13 eeefvele kesvesb hej efmLele MeeKeeDeesb ceW ye[ewoe ieesu[ ueesvpe" keer Yeer mLeehevee keer nw. es MeeKeeSb yeQke kes Ge ceeefueele Jeeues mece= leLee mebhevve ieenkeeW (SeSveDeeF&) kees efveosMe hejeceMe& mesJeeSb eoeve kejves kes efueS meceefhe&le mesJee mLeue nw. Oeve eyebOeve mesJeeDeesb kes lenle yeQke kes efJeefYevve veJeesvces<eer eeemeeW mes yeQke keer iewj-yeepe ceW GuuesKeveere Je=ef ngF& nQ.
kes efJekeeme kees eeslmeeefnle kejves kes efueS yeQke ves Ske efJeMes<e Deewj Devet"s ef[ueerJejer cee[ue DeLee&le SmeSceF& ueesve Hewkejer keer MegDeele keer nw efpemes Jele&ceeve ceW yeQke kes 36 kesvesb hej heefjeeefuele efkeee ieee nw Deewj Fmes yeepeej mLeue hej keeHeer mJeerkeee&lee efceueer nw. eefeee kees ieefleMeerue kejves Deewj SmeSceF& $e+Ce emleeJeeW keer meceeye cebpetjer kes efueS SmeSceF& ueesve Hewkejer Ske veJeesveces<eer cee[ue nw. Fme cee[ue ceW efveOee&efjle meceemeercee kes Devoj emleeJeeW kee MeerIeleehetJe&ke cetueebkeve kejves Deewj cebpetjer eoeve kejves kes efueS Ske kesvereke=le eesmesefmebie ke#e nw Deewj meeLe ner MeeKeeDeesb eje pevejs keer ieF& ueer[ hej DevegJeleer& keej&JeeF& kejves kes efueS Ske efyeeer erce nw. efheueer meHeuelee kes yeueyetles hej yeQke Deeves Jeeues Je<ees ceW Fme ekeej keer Deewj ueesve Hewkeefjeeb Keesueves keer eespevee yevee jne nw. yeQke kes heeme osMe Yej ceW meYeer ecegKe JeJemeee kesvesb hej SmeSceF& ueesve Hewkeefjeeb nQ. es Hewkeefjeeb Deeieje, Denceoeyeeo, yeWieuetj, yejsueer, ye[ewoe, YeerueJee[e, YegJevesMJej, yeuemee[, eb[erie{, esvveF&, keesecyeetj, osnjeotve, efouueer ceW oes, nwojeyeeo, Fboewj, peehegj, peceMesohegj, peeceveiej, peesOehegj, keevehegj, keesunehegj, keesuekeelee, ueKeveT, uegefOeeevee, cegbyeF& ceW leerve, veeiehegj, veeefMeke, hegCes, jepekees, jeehegj, metjle, JeejeCemeer Deewj efJeMeeKeehevece ceW nQ. Fve SmeSceF& ueesve HewkeefjeeW ves efheues Je<e& kes .11071 kejes[ keer leguevee ceW Je<e& 2010-11 kes oewjeve kegue efceueekej .14,530 kejes[ kes $e+Ce cebpetj efkees.
JeJemeee ceW Je=ef

31 ceee&, 2011 kees SmeSceF& #es$e ceW kegue yekeeee .27.365/- kejes[ nw. efheues leerve Je<ees kes oewjeve SceSmeSceF& #es$e ceW $e+Ce eoeve kejves mebyebOeer efmLeefle/Je=ef oj efvecveefueefKele leeefuekee ceW oer ieF& nw.
SceSmeSceF& JeJemeee
ceeFees, ueIeg SJeb ceOece Geesie (SceSmeSceF&) Yeejleere DeLe& JeJemLee kee cenlleJehetCe& eesle nw. en JeJemeee Yeejle kes efJeefvecee&Ce SJeb mesJee #es$e ceW kegue Deeweesefieke Glheeove kee ueieYeie 40.0% kegue Deeweesefieke efveee&le kee 34.0%, Deeweesefieke FkeeFeeW kee 95% leLee kegue jespeieej ceW 35.0% kee eesieoeve oslee nw. Sme Sce F& mesiecesv ceW mesJee #es$e kee efJeMes<ele: metevee eeweesefiekeer egkele mesJeeDeeW, DeeefleLe melkeej mesJeeDeeW, hee&ve, ketefjej heefjJenve Deeefo kee cenlleJehetCe& eesieoeve nw. Yeejle ceW GYejles SmeSceF& mebefJeYeeie hej efJeMes<e Oeeve kesefvle kejves kes efueS yeQke SmeSceF& kes meeLe mece cetue hej .150 kejes[ leke kes keejesyeej kes meeLe Deve JeeJemeeefeke FkeeFeeW hej efJeeej kej jne nw. SmeSceF& #es$e
Je<e&
2008-09 2009-10 2010-11
Je=ef (% Je<e&-oj-Je<e&)
24.18% 43.98% 29.63%
Je<e& 2009-10 kes oewjeve SceSmeSceF& $e+Ce keer eefleMele Je=ef oj legueveelceke ef mes DeefOeke nw keeeWefke Yeejleere efj]peJe& yeQke eje efmelecyej, 2009 ceW peejer mebMeesefOele efoMee-efveoxMeeW kes Deveghe Kegoje JeeheeefjeeW kees .20 ueeKe leke kes Deefiece Deye ceeFees Deewj ueIeg Geesie #es$e ceW Jeieer&ke=le efkees ieS nQ. Je<e& 2010-11 kes oewjeve Je=ef oj kees meeceeve efkeee ieee. yeQke ves meceer#ee Je<e& kes oewjeve SmeSceF& JeJemeee mesieceW ceW efvecveefueefKele veJeesvces<eer eeeme efkees.
2010-11 kes oewjeve SceSmeSceF& kes efJee hees<eCe ceW veJeesvces<eer henueW
1. Fme Je<e& kes oewjeve yeQke ves Dee" ceewpetoe ieenke kesefvle leLee #es$e efJeefMe< GlheeoeW kes veJeerkejCe kes meeLe mLeeveere keuemj pejleeW mes cesue Keeles heebe veS ieenke-kesefvle, #es$e efJeefMe< GlheeoeW kee MegYeejbYe efkeee.
eer Sce.[er. ceuee, DeOe#e SJeb eyebOe efveosMeke JeejeCemeer ceW SmeSceF& eenkeeW kees mebyeesefOele kejles ngS
2. yeQke ves SDeeF&SceS eje Hejeroeyeeo ceW GeefceeeW kes efueS SmeSceF& eje eeweesefiekeer eyebOeve SJeb eesle efJee nsleg eyebOekeere keewMeue efJe<ee hej Deeeesefpele keee&Meeuee kees eeeesefpele efkeee.
56

3. efveheeve mecee kees efveebe$ele kejves kes GsMe mes yeQke ves SmeSceF& $e+Ce f emleeJeeW kes efueS eeske veeceke F&-êkebie eCeeueer keer MegDeele keer. s^ sf 4. SmeSceF& DeefieceeW kees ieefleMeerue kejves kes eeespeve mes yeQke ves 1 peveJejer, 2011 mes 28 HejJejer, 2011 leke SmeSceF& GlmeJe ceveeee. Fme GlmeJe DeJeefOe kes oewjeve mJeerke=le $e+CeeW kes efueS yeepe oj leLee mesJee eYeejeW ceW keg efjeeeleeW keer Iees<eCee keer ieF&. 5. yeQke ves ceeFees SJeb ueIeg GeefceeeW kees yeQke $e+Ce leLee esef[ ieejber keer Yetefcekee efJe<eeeW hej meerpeererSceSmeF& eje Deeeesefpele keee&MeeueeDeesb ceW Yeeie efueee. 6. ceeFeesb GeceeW hej efJeMes<e Oeeve kesefvle kejves kes meeLe yeQke ves SceSmeSceF& kees $e+Ce eJeen ceW Je=e kejves kes efueS DeefOeke cenee eoeve keer. f 7. yeQke ves Ske efJeMes<e DeefYeeeve kes ceeOece mes meerpeererSceSmeF& eespevee kes lenle mebheeefe&ke cegkele $e+Ce hej Oeeve kesefvle efkeee. 8. yeQke ves JeefOe&le eeme mesefuebie, mLeeveere yew"keeW, je<êre Deewj Devlej&e<êre mlejeW hej Jeeheej efvekeeeeW keer menYeeefielee kes ceeOece mes meceie ieenke mebyebOeeW kee ue#e eehle efkeee. 9. yeQke ves yeenjer Deewj Deebleefjke eefMe#eCe megefJeOeeDeesb kes peefjS Deheveer SmeSceF& HewkeefjeeW ceW keee&jle eesmesefmebie/ceekexefbie DeefOekeeefjeeW kes keewMeue kees efJekeefmele kejves leLee Gvekes %eeve kees efvejvlej Deeleve kejves hej peesj efoee.
2010 -11
yeQke kes eeLeefcekelee eehle #es$e Deefiece ceee&, 2010 kes Devle ceW efJeeceeve 48,552.36 kejes[ . keer leguevee ceW ceee&, 2011 kes Devle ceW 57,363.60 kejes[ . nes ieS pees efke meceeeesefpele Meg yeQke $e+Ce (SSveyeermeer) kee 43.57% nw peyeefke DeefveJeee&le: ue#e 40.00% nw. yeQke kes ke=ef<e Deefece (ele#e Deewj Deele#e oesveeW) efheues Je<e& keer leguevee ceW 13.47% keer Je=ef ope& ngF& Deewj es ceee&, 2011 kes Devle ceW ye{kej 24,529.22 kejes[ heS nes ieS. leLeeefhe, ele#e ke=ef<e kees yeQke kes $e+CeeW ceW 28.72% (Je<e&-oj-Je<e&) keer Meeveoej Je=ef ngF& Deewj es Je<e& 2010-11 kes oewjeve 17,157.83 kejes[ heS nes ieS. Je<e& 2010-11 kes oewjeve yeQke ves Deheves ecegKe ke=ef<e $e+Ce Glheeo ye[ewoe efkemeeve esef[ kee[& kes lenle efkemeeveeW kees $e+Ce eoeve kejves nsleg 2,44,558 esef[ kee[& peejer efkees. meceer#eeOeerve Je<e& kes oewjeve yeQke ves 2,72,415 veS efkemeeveeW kees efJeeere meneelee eoeve keer. ceeFees efJee hees<eCe mebyebOeer Deheves veJeesvces<eer eeeme kes he ceW yeQke ves Je<e& 2010-11 kes oewjeve 19,257 mJeeb meneelee mecetneW kees 163.77 kejes[ . keer jeefMe eoeve keer efpemekes HeuemJehe mJeeb meneelee mecetn $e+Ce menyelee keer kegue mebKee ye{kej 1,34,942 Deewj jeefMe 956.96 kejes[ . nes ieF&.
Je<e& 2010-11 ceW eeLeefcekelee eehle #es$e $e+CeeW keer efmLeefle
JeJemeee Deewj meeceeefpeke henueW

mJemLe JeJemeeefeke Je=ef ope& kejves kes Deefleefje yeQke ves Je<e& 2010-11 kes oewjeve ieeceerCe SJeb ke=ef<e $e+CeeW nsleg GheueyOe DeJemejeW kee ueeYe G"eves kes eeespeve mes Deveske veJeesvces<eer henueeW keer MegDeele keer. FveceW mes keg kee GuuesKe veeres efkeee ieee nw: 1. ke=ef<e DeefieceeW kees ye{eves kes efueS yeQke ves efJeMes<e DeefYeeeve DeLee&le Hemeueer $e+CeeW kes efueS KejerHe SJeb jyeer DeefYeeeve eueeS efpeveceW eceMe 2317 kejes[ . leLee 1,231 kejes[ . keer jeefMe mebefJeleefjle keer ieF&. efveJesMe esef[ kes efueS Ske Deve DeefYeeeve Yeer eueeee ieee efpemekes lenle 993 kejes[ . keer jeefMe mebefJeleefjle keer ieF&. 2. yeQke ves 3,323 ieece mlejere esef[ keQhe Deeeesefpele efkees Deewj Je<e& 2010-11 kes oewjeve 2,30,599 GOeejkelee&Deesb kees 3,169 kejes[ . keer jeefMe mebefJeleefjle keer. 3. yeQke ves hetjs osMe ceW 450 Lem MeeKeeDeesb kee eeve efkeee nw efpemekee GsMe ke=ef<e $e+CeeW kees ye{evee nw. Fve MeeKeeDeesb ves ceee& 2011 kes Deble leke kegue ke=ef<e $e+Ce ceW 34.0% kee eesieoeve efkeee nw. 4. yeQke ves mLeeveere pejleeW kees, efJeMes<e, he mes Ssmes mLeeveeW hej peneb eeJeue efceue, keesu[ mesjspe, kee@ve efieefvebie FkeeF&, cegieer&heeueve FkeeF& Fleeefo DeefOeke mebKee ceW nQ, hetje kejves kes efueS #es$e efJeMes<e kes Devegmeej DeeJeMekelee DeeOeeefjle (suej ces[) eespeveeSb yeveeF. Fmekes Deefleefjkele, DeefOekelece JeJemeee eehle kejves kes efueS Fve eespeveeDeesb kes lenle yeepe oj, mesJeeeYeejeW Fleeefo ceW Gheegkele t keer Devegceefle eoeve keer. ke=ef<e #es$e ceW GOeej ye{eves kes efueS 22 #es$e efJeefMe< eespeveeDeesb kee MegYeejbYe efkeee ieee. 5. ye[ewoe ieeceerCe hejeceMe& kesv (yeerpeerheer kes) yeQke kes veJeesvces<eer eeemeeW ceW mes Ske nw efpemekes ceeOece mes yeQke ieeceerCe mecegoee kees $e+Ce kes mebyebOe ceW meueen, efJelleere efMe#ee leLee Deve mesJeeSb pewmes ke=ef<e GlheeoeW keer keerceleeW kes yeejs ceW peevekeejer, Jew%eeefveke {bie mes Kesleer Fleeefo megefJeOeeSb eoeve kejlee nw. yeQke 31 ceee&, 2011 leke 52 ye[ewoe ieeceerCe hejeceMe& kesv mLeeefhele kej egkee nw.
ieeceerCe SJeb ke=ef<e yeQefkebie

yeQke ncesMee mes ner eeLeefcekelee eehle #es$e leLee ke=ef<e $e+CeeW kes #es$e ceW DeieCeer jne nw leLee yeQke ves Deheveer 1,171 ieeceerCe SJeb 832 DeOe& Menjer MeeKeeDeesb kes Jeeheke vesJeke& kes ceeOece mes ieeceerCe yeepeej keer efJemle=le mebYeeJeveeDeesb kee oesnve kejves kee eeeme efkeee nw. yeQke ves Je<e& 2010-11 kes oewjeve ieeceerCe SJeb DeOe&Menjer #es$eesb ceW 157 veF& MeeKeeSb Keesueer nQ. yeQke Gej eosMe leLee jepemLeeve ceW jepe mlejere yeQkeme& meefceefle (SmeSueyeermeer) kee mebeespeke nw. yeQke 45 efpeueeW ceW, efpemeceW iegpejele jepe ceW (12), jepemLeeve ceW (12), Gej eosMe ceW (15), Gejebeue ceW (2), ceOe eosMe ceW (2) leLee efyenej ceW (2) efpeues Meeefceue nQ, DeieCeer yeQke keer Yetefcekee efveYee jne nw. Fmekes DeueeJee yeQke kes efJeefYevve jepeeW ceW 5 eeeesefpele #es$eere ieeceerCe yeQke (DeejDeejyeer) nQ efpeveceW kegue 1,223 MeeKeeSb nQ leLee ceee&, 2011 kes Devle leke kegue keejesyeej 18,800 kejes[ heS mes DeefOeke nw.
yeQke eje yeej[esueer, metjle ceW cesiee esef[ kewche kee Deeeespeve.
57
2010 -11
6. Fmekes Deefleefjkele meceer#eeOeerve Je<e& kes oewjeve 11 Deewj ye[ewoe mJejespeieej efJekeeme mebmLeeve, ye[ewoe Deej-mesleer kesv Keesues iees. Fmekes meeLe ner ye[ewoe mJejespeieej efJekeeme mebmLeeveeW keer mebKee ye{kej 36 nes ieF& nw. Fmekes DeueeJee, jeeyejsueer leLee Depecesj ceW Keesues iees ye[ewoe mJe-jespeieej efJekeeme mebmLeeve hetCe&le: ceefnuee GeefceeeW kes efueS nQ. yeerSmeJeerSme cetuele: Ssmes mebmLeeve nQ efpevekee eeespeve mJe-jespeieej Gece Meg kejves kes efueS
pee jner nQ. yeQke ves Je<e& 2010-11 kes oewjeve 14 vees SHeSuemeermeer Keesues efpevnW efceueekej ceee& 2011 kes Deble leke SHeSuemeermeer keer kegue mebKee ye{kej 18 nes ieF& nw. yeQke eLeemecee Deheves DeieCeer efpeueeW ceW SHeSuemeermeer Keesueves keer eespevee hej iebYeerjlee mes meese jne nw.
JeJemeee megueYekelee& cee@[ue

en cee@[ue efJelleere meceeJesMeve keer eefeee kees lespe kejves Deewj yeQke kes ke=ef<e $e+Ce ceW ye{eslejer kes efueS hetjs osMeYej ceW efeeeefvJele efkeee ieee nw. JeJemeee megueYekelee& yeQke kes efueS $e+Ce DeeJesovehe$e kewveJeeme kejWies Deewj Fmekes efueS yeQke GvnW cesnveleeves kee Yegieleeve kejsiee. mesJeeefveJe=lle yeQkejeW leLee mejkeejer kece&eejer, SvepeerDees, ke=<eke keueye leLee mJeeb meneelee mecetneW mes peg[s JeefeeeW kees SpesveW kes he ceW ueieeee peelee nw leeefke Jes ieeceerCe leLee DeOe& Menjer #es$eesb ceW yeQke keer hengbe ye{ mekeW.
ceeFees ueesve Hewkejer

eer Sve. Sme. eerveeLe, keee&keejer efveosMeke eje hevleveiej ceW yeerSmeJeerSme Deej-mesleer kee GodIeeve
egJeeDeesb kees eefMeef#ele kejvee Deewj Dehesef#ele keewMeue kes mebyebOe ceW %eeve eoeve kejvee nw. Je<e& 2010-11 kes oewjeve, ueieYeie 42,212 egJee ueeYeeefLe&eeW kees eefMeef#ele efkeee ieee. FveceW mes 28,331 egJeeDeesb ves mJejespeieej Gece mLeeefhele kej efuees nQ. en GuuesKeveere nw efke Fve kesvesb eje eefMeef#ele efkees iees kegue 79,442 ueeYeeefLe&eeW ceW mes Deye leke 50,035 ueeYeeefLe&eeW ves Deheves mJe-jespeieej Gece mLeeefhele kej efuees nQ.
Fmekes meeLe-meeLe yeQke ves Gllej eosMe ceW meguleevehegj ceW ceeFees ueesve Hewkejer Keesueer nw. ceeFees Heeeveebme ueesve Hewkejer kes heeme ceesyeeFue Jewve nw efpemeceW mJeeb meneelee mecetn efJelle hees<eCe mebyebOeer mecemle msMevejer / omleeJespe SJeb Deve megefJeOeeSb GheueyOe nQ. FmeceW Ssmes DeefOekeejer nesles nQ pees mJeeb meneelee mecetneW kees eLeemLeeve leLee Gvekes heeme peekej GvnW 25,000 hees leke kes $e+Ce mJeerke=le SJeb efJeleefjle kejves kes efueS DeefOeke=le nQ :
yeQke eje eeeesefpele #es$eere ieeceerCe yeQkeeW kee keee&efve<heeove

yeQke ves efvecveefueefKele 5 #es$eere ieeceerCe yeQke eeeesefpele efkees nQ
efJelleere mee#ejlee leLee $e+Ce hejeceMe& kesv (SHeSuemeermeer) - meejLeer

Yeejleere efj]peJe& yeQke eje efoMee-efveoxMeeW kes DeeOeej hej, yeQke ves 18 SHeSuemeermeer, efpevnW meejLeer" veece efoee ieee nw, pejlecebo ueesieeW kees efJelleere mee#ejlee leLee $e+Ce hejeceMe& megefJeOeeSb eoeve kejves kes efueS mLeeefhele efkees leeefke Jes yeQefkebie eCeeueer mes yeQefkebie megefJeOeeDeesb kee ueeYe G"e mekeW Deewj meeLe ner $e+Ce kes yeesPe leues Deees efJelleere mebke ceW petPeles ueesieeW kees hejeceMe& megefJeOeeSb eoeve keer pee mekes. yeQke ves Deheves yeerSmeyeerSce ^m kes lenle Fve kesvesb kees Keesuee nw. FveceW efve:Meguke hejeceMe& mesJeeSb mebyeefOele ueesieeW kees oer
ye[ewoe Gllej eosMe ieeceerCe yeQke, eOeeve keeee&uee, jeeyejsueer ye[ewoe jepemLeeve ieeceerCe yeQke, eOeeve keeee&uee, Depecesj ye[ewoe iegpejele ieeceerCe yeQke, eOeeve keeee&uee, Yee vewveerleeue-Deuecees[e #es$eere ieeceerCe yeQke, eOeeve keeee&uee, nueeveer PeeyegDee-Oeej #es$eere ieeceerCe yeQke, eOeeve keeee&uee, PeeyegDee
Fve heebeeW #es$eere ieeceerCe yeQkeeW kee kegue JeJemeee ceee& 2010 kes Deble kes 16,244.41 kejes[ hees mes ye{kej ceee& 2011 kes Deble ceW ye{kej 18,803.05 kejes[ hees nes ieee. Fme ekeej Fmeces 15.75% keer Je<e&-ojJe<e& Je=ef ope& ngF&. Fve heebeeW #es$eere ieeceerCe yeQkeeW ves Je<e& 2010-11 kes oewjeve 116.53 kejes[ hees kee Meg ueeYe Deefpe&le efkeee peyeefke Je<e& 2009-10 kes oewjeve 118.93 kejes[ hees kee Meg ueeYe Deefpe&le efkeee Lee. Fve heebeeW #es$eere ieeceerCe yeQkeeW keer meceie Meg ceeefueele ceee& 2010 kes Deble ceW 609.12 kejes[ hees mes ye{kej ceee& 2011 kes Deble ceW 729.96 kejes[ nes ieF& Deewj Deejef#ele efveefOeeeb leLee DeefOeMes<e ceee& 2010 kes Deble kes 354.43 kejes[ hees mes ye{kej ceee& 2011 kes Deble ceW 452.68 kejes[ hees nes ieee.
efJelleere meceeJesMeve kes efueS yeQke kes eeeme

eer Deej. kes. ye#eer, keee&keejer efveosMeke eje Depecesj ceW SHeSuemeermeer kesv kee GodIeeve. Fme DeJemej hej eer yeer.heer. keevetveiees, #es$eere efveosMeke, Yeejleere efj]peJe& yeQke, peehegj Yeer GheefmLele Les.
yeQke ceW Yeejleere efj]peJe& yeQke eje 2010 ceW peejer efkees efoMee-efveoxMeeW kes Devegmeej efveosMeke ceb[ue kes Devegceesove mes leerve Je<eer&e efJelleere meceeJesMeve keee&ece yeveeee nw. leLeeefhe, Yeejle mejkeej eje efoes iees efveoxMeeW kees Oeeve ceW jKekej jepe mlejere yeQkeme& meefceefleeeW ves yeQke kees 2000 ces DeefOeke pevemebKee Jeeues 2864 ieebJe Deeyebefle efkees efpevnW ceee& 2010
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meceeJesMeve keee&ece Jeeues ieebJeeW kee efveeefcele oewje kej jns nQ.
Je<e& 2010-11 kes oewjeve Devegmetefele peeefle / Devegmetefele pevepeeefle mecegoeeeW kees Deefiece
yeQke eje Devegmetefele peeefle / Devegmetefele pevepeeefle kes ueesieeW kees efoes peeves Jeeues DeefieceeW ceW Je<e&-oj-Je<e& Je=ef nes jner nw. en yeele Fme leLe mes mhe< nw efke Fve mecegoeeeW kes ueeYeeefLe&eeW kees cebpetj efkees iees DeefieceeW keer jeefMe ceee&, 2010 kes Deble leke kes 3100 kejes[ hees mes ye{kej ceee&, 2011 kes Deble ceW 3760 kejes[ hees nes ieF&. Jemlegle: meceer#eeOeerve Je<e& kes oewjeve kecepeesj Jeie& kes ueesieeW kees cebpetj efkees iees kegue DeefieceeW ceW Devegmetefele peeefle / Devegmetefele pevepeeefle kees efoes iees DeefieceeW kee DebMe 28% nw. Fmekes Deefleefjkele, yeQke ves efJeefYevve mejkeejer eeeesefpele eespeveeDeesb eLee mJeCe&peevleer ieece mJejespeieej eespevee (SmepeerSmeJeeF&) mJeCe& peevleer Menjer jespeieej eespevee (SmepesSmeDeejJeeF&), eOeeveceb$eer jespeieej me=peve keee&ece (heerSceF&peerheer) Fleeefo kes lenle Devegmetefele peeefle / Devegmetefele pevepeeefle kes ueesieeW kes efJelle hees<eCe hej efJeMes<e Oeeve efoee nw. en GuuesKeveere nw efke ye[ewoe mJejespeieej efJekeeme mebmLeeve eefMe#eeefLe&eeW kee eeve kejles mecee Devegmetefele peeefle / Devegmetefele pevepeeefle mes peg[s ueesieeW kees Jejerelee os jns nQ. DeYeer leke Fve kesvesb ves Devegmetefele peeefle / Devegmetefele pevepeeefle esCeer kes 29,721 egJeeDeesb kees eefMeef#ele efkeee nw efpeveceW mes 18,735 egJeeDeesb ves Deheves mJejespeieej Gece mLeeefhele kej efuees nQ.
eWke efpeuee, jepemLeeve ceW efJeeere meceeJesMeve hueeve kee MegYeejbYe
leke efJelleere meceeJesMeve keee&ece kes lenle Meeefceue kejvee nw. FveceW mes 1200 ieebJeeW kees ceee& 2011 leke efJelleere meceeJesMeve kes lenle Meeefceue kejves kee ue#e Lee. yeQke ves Fme ue#e kees Deemeeveer mes heej kej efueee Deewj 2010-11 kes oewjeve 1228 ieebJeeW ceW yeQefkebie megefJeOeeSb Meg kej oer nw. Mes<e ieebJeeW kees Je<e& 2011-12 ceW efJelleere meceeJesMeve kes lenle Meeefceue kejvee emleeefJele nw. yeQefkebie megefJeOee mes jefnle Ssmes ieebJeeW ceW yeQefkebie megefJeOeeSb osves kes efueS oes ef[ueerJejer ewveue Deheveees iees - DeLee&led JeJemeee eefleefveefOe cee@[ue DeeOeeefjle DeeF&meerer, peesefke yeeeescesef^ke mcee& kee[& DeeOeeefjle eeweesefiekeer kes meeLe ShueerkesMeve mesJee eoelee (SSmeheer) cee@[ue hej DeeOeeefjle nw. FmeceW JeJemeee eefleefveefOe mebJeJenej kejves kes efueS hJeeFb Dee@@]He ef[JeeFefmepe (heerDeesSme) kes meeLe ieebJeeW kee oewje kejlee nw. Fme cee@[ue kes lenle ieenke yeeeescesef^ke DeefOeeceeefCekelee kes ceeOece mes Deheves mcee& kee[es kee Gheeesie kejkes Deheves KeeleeW kee heefjeeueve kej mekeles nQ. yeQke kes meHe kes meeLe Jewve yeQefkebie mesJeeSb eoeve kejves kes efueS mehleen ceW keg efveele efoveeW ceW efveOee&efjle ieebJeeW ceW peeleer nw. Fme mecee, cesnmeeCee keer ej[e MeeKee ceW Ske ceesyeeFue Jewve ueieeeer ieF& nw Deewj Fueeneyeeo, JeejeCemeer leLee efyenej ceW leerve Deewj Jewve ueieeF& ieF& nQ. Yeejle mejkeej kes efveoxMeeW kes Devegmeej, yeQke kes DeOe#e SJeb eyebOe efveosMeke, keee&keejer efveosMeke leLee keeheexjs ceneeyebOeke yeQke kes efJelleere meceeJesMeve efceMeve kes efeeevJeeve leLee Gmekeer eieefle kee DeJeueeskeve kejves efueS efJelleere
Deblej&e<êre JeJemeee
efJee jepe ceb$eer eer vecees veejeeCe ceerCee Dee@keuewC[ MeeKee, vetpeeruewC[ kee GodIeeve. Gvekes meeLe ceW nQ eer Sce.[er. ceuee, DeOe#e SJeb eyebOe efveosMeke.
Jewefeke DeeefLe&ke heefjMe ceW megOeej, efJeMes<ekej efJekeefmele osMeeW ceW ceboer mes Gyejves kes "esme DeeefLe&ke mebkesle leLee Deblej&e<êre Jeeheej ceW efmLej Je=ef ves Deblej&e<êre heefjeeueve kes JeJemeee leLee ueeYeeolee ceW Je=ef keer. Deblej&e<êre yeQefkebie ceW Deheves uebyes DevegYeJe kee ueeYe, meMekele leLee efJeMJemeveere ieenke DeeOeej, mecee keer kemeewer hej Keje JeJemeee cee@[ue, eeweesefiekeere veJeesvces<eer keeees ves yeQke keer Yeejle kes Debleje<êre yeQke kes he ceW eefle<"e ceW Je=ef keer. Je<e& 2010-11 kes oewjeve, yeQke kes Deblej&e<êe heefjeeueve kes JeJemeee leLee ueeYe r oesveeW ceW Dehes#ee mes DeefOeke Je=e ngF. Deeefmle Je=e ceW Yeejleere keeheexjeW keer f & f s Deheves efJeosMeer efJemleej ceW efJeosMeer cege DeeJeMekelee leLee mebmeeOeveeW keer ueeiele ceW Deblej keer ye{le mes Yeer meneelee efceueer. yeQke ves GOeejkelee&Deesb keer DeeJeMekeleeDeesb keer hetele& kejves kes efueS efJeosMeer kesvesb ceW Deheveer meMekele ese[ mesjer kes yeueyetles f f hej meceeye {ie mes efJeosMeer cege mebmeeOeveeW kee mebienCe efkeee. b
eer Sce. [er. ceuee, DeOe#e SJeb eyebOe efveosMeke ves yeQefkebie mesJeeSb eoeve kejves nsleg ueKeveT ceW efJeeere meceeJesMeve ceesyeeFue Jewve kee MegYeejbYe efkeee.
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2010 -11
yeQke ves Deheves JeeJemeeefeke efnleeW keer j#ee kejves kes efueS efJeMJe keer DeeefLe&ke, meeceeefpeke leLee jepeveerefleke nueeueeW hej melele efveieen jKeer. yeQke ves Deheves JeJemeee cee@[ue kees megJeJeefmLele efkeee Deewj peesefKece eyebOeve keee&keueeheeW kees Deewj meMekele efkeee leeefke Jen yeoueles Deblej&e<êre heefjJesMe ceW efkemeer Yeer Kelejs kee meecevee kej mekes. efJeosMeer MeeKee vesJeke& ye{ekej 85 MeeKeeDeesb / keeee&ueeeW ceW kej efoee ieee leeefke JeJemeee keer ueeYeeolee ye{eves kes efueS vees DeJemejeW kee ueeYe G"eee pee mekes.
efJeosMeer MeeKee efJemleej

Je<e& 2010-11 kes oewjeve yeQke ves meele veF& MeeKeeSb / keeee&uee (Deheveer efJeosMeer Deveg<ebefieeeW kes efueS Ske meefnle) Keesues. Ske MeeKee FueHees[&, Smeskeme (et kes) ces leLee heebe Fueskeêefveke yeQefkebie mesJee etefveW (F&yeerSmeetSme) etSF& ceW, jeefkeee, jeme Deue KeF& ceen, Deue keJeemeFme, ogyeF&, Sme Se peeJeso jes[, ogyeF&, Deuekejcee ogyeF& leLee vesMeveue hesvme, Meejpeen ceW Keesueer ieF&. vetpeeruewC[ ceW Deveg<ebieer yeQke Dee@@]He ye[ewoe (vetpeeruewC[) ves Dee@@keuewC[ ceW MeeKee Keesueves kes meeLe heefjeeueve Meg kej efoee ns.
JeJemeee leLee ueeYe keee&-efve<heeove

Je<e& 2010-11 kes oewjeve yeQke keer efJeosMeer MeeKeeDeesb ves kegue JeJemeee (peceejeefMeeeb+Deefiece) ceW 32.51% (Je<e&-oj-Je<e&) keer Je=ef ope& keer. ieenke peceejeefMeeeW ceW 23.44% keer ye{eslejer ngF&. kegue peceejeefMeeeW ceW 29.33% leLee DeefieceeW ceW 36.59% keer Je=ef ngF&. yeQke kes Jewefeke JeJemeee ceW 31 ceee&, 2011 kees Debleje&<êre heefjeeueve kee eesieoeve 24.6% Lee.
efJeosMeer JeJemeee ceW YeeJeer eespeveeSb

yeQke ves eJeemeer YeejleereeW keer ye{leer pevemebKee leLee ogefveee Yej ceW ceewpeto keeheexjseW keer mesJee kejves Deewj DeefOeke efJeefJeOeleehejke JeJemeee pegeves keer ef mes efJeosMeer efJemleej keer Ske cenlJeebkeeb#eer eespevee yeveeeer nw. Fmekes lenle Gve osMeeW ceW Deewj MeeKeeSb Keesuekej Deheves vesJeke& kees efJemleej osvee emleeefJele nw peneb yeQke henues mes ceewpeto nw Deewj veF& sjerjer ceW eJesMe Yeer kejvee eenlee nw. etSF& ceW oes MeeKeeSb Deewj oes F&yeerSmeetSme, Deesceeve ceW Ske MeeKee leLee ceejerMeme ceW Ske MeeKee Keesueves kes efueS keej&JeeF& Meg kej oer ieF& nw. etieeC[e, kesvee leLee vetpeeruewC[ ceW Deveg<ebefieeeb oes-oes MeeKeeSb KeesueWieer Deewj yeeslemJeevee leLee iegeevee ceW Ske Deewj MeeKee Keesueer peeesieer. metjerveece leLee kevee[e ceW Ske Deveg<ebieer keer mLeehevee, keleej ceW Ske MeeKee Keesueves leLee Deem^sefueee ceW Ske eefleefveefOe keeee&uee kees Deheies[ kejkes MeeKee ceW heebleefjle kejves kes yeejs ceW yeQke kes DeeJesove he$e mebyebefOele osMeeW kes efveeecekeeW kes efJeeejeOeerve nw. yeQke ves efJeosMeer efJemleej kes efJe<ee ceW vees kesvesb kes efveOee&jCe nsleg henues ner keej&JeeF& Meg kej oer nw.
kegue Deeefmleeeb
yeQke kes Deblej&e<êre heefjeeueve keer kegue Deeefmleeeb 68,375 kejes[ hees mes ye{kej 91,273 kejes[ hees nes ieF&. Je<e& kes oewjeve FveceW 33.49% keer Je=ef ope& keer ieF&.
Meg ueeYe
Je<e& 2010-11 kes oewjeve mekeue ueeYe ceW efheues Je<e& kes mlej mes 23.94% keer mJemLe Je=ef ngF&. leLeeefhe, eefleketue meebefKekeere DeeOeej FHeske kes keejCe Meg ueeYe ceW 7.32% keer efiejeJe ngF&. Je<e& 2009-10 kes oewjeve Meg ueeYe ceW efveJesMeeW kes ceeke& t ceekex" kes lenle efkees iees eeJeOeeveeW kes eleeJele&ve kes keejCe leerJe Je=ef ngF& Leer. Je<e& 2010-11 kes oewjeve yeQke kes Meg ueeYe ceW Deblej&e<êre heefjeeueve kee eesieoeve 19.15% jne.
mecetnve kesv
uebove leLee ogyeF& ceW yeQke kes Jewefeke mecetnve kesv, efmebieehegj ceW Deheleere yeQefkebie etefve leLee ecegKe efJelleere kesvesb ceW otmejer MeeKeeSb Yeejleere leLee mLeeveere keeheexjseW keer efJeosMeer cege efveefOeeeW mebyebOeer DeeJeMekeleeDeesb keer meefeelee mes hetje kej jns nQ. yeQke kes keeheexjs keeee&uee ceW mLeeefhele Deblej&e<êre ceexv yeQefkebie ke#e (DeeF&Sceyeermeer) Yeejleere keeheexjseW eje heee&hle mebmeeOeveeW keer Gieener kes keejCe JeJemeee ceW meefee Yetefcekee efveYeelee nw. Deye DeeF&Sceyeermeer $e+Ce DeesefjpevesMeve ceW meefee he mes Yeeie ues jne nw.
Deeefmle iegCeJellee
Deheveer efheueer heefleeeW kes Deveghe yeQke ves Deeefmle me=peve kes mecee meYeer DeeJeMeke Gheee yejles Deewj efJeMJe kes DeeefLe&ke heefjMe ceW efkemeer Yeer DeeleeefMele efmLeefle kes cesvepej efvejblej DeeOeej hej DeeefmleeeW keer efveiejeveer megefveefMele keer. Yeejleere efj]peJe& yeQke kes ceeveob[esb kes Devegmeej efheues Je<ees ceW hegveie&ef"le efkees iees KeeleeW keer Je<e& 2010-11 kes oewjeve melele efveiejeveer jKeer ieF& leeefke Deeefmle iegCeJellee ceW efiejeJe kees jeskee pee mekes. Devepe&ke KeeleeW ceW mebyebefOele osMe kes heefjeeueve ceeveob[eW kes Devegmeej Deheies[sMeve / efjkeJejer kes efueS efvejblej eeeme efkees iees. Fmekes heefjCeecemJehe ceee& 2011 ceW kegue DeefieceeW ceW mekeue SveheerS 0.62% Lee. Meg SveheerS Yeer 0.19% kes meeceeve mlej hej jne.
Glheeo leLee mesJeeSb

Deheves efJeosMeer heefjeeueve ceW keesj yeQefkebie meesuetMeve kes efeeevJeeve kes heMeeled yeQke ves ieenkeeW kes efJeefJeOe mecetneW keer DeeJeMekeleeDeesb kees hetje kejves kes efueS keF& vees Glheeo SJeb mesJeeDeesb kee MegYeejbYe efkeee. ienve yeepeej DevegmebOeeve kes heMeeled efJekeefmele vees GlheeoeW kees mLeeveere pevelee ves Jeeheke he mes mJeerkeej efkeee.
Deblej&e<êre GheefmLeefle
vetpeeruewC[ ceW heefjeeueve keer MegDeele kes meeLe yeQke keer efJeosMeer GheefmLeefle Deye 26 osMeeW ceW 85 MeeKeeDeesb / keeee&ueeeW ceW nes ieF& nw yeQke keer efJeosMeer MeeKeeSb yeQke kes eefleefveefOe keeee&uee yeQke keer efJeosMeer Deveg<ebefieeeW keer MeeKeeSb kegue 54 3 28 85
efJeosMeer heefjeeueve ceW eeweesefiekeer Gvveeve

efJeosMeer sefjjer leLee Deveg<ebefieeeW ceW SerSce keer mebKee 31 ceee&, 2010 kes 55 (36 Dee@@vemeeF leLee 19 Dee@@]HemeeF) mes ye{kej 31 ceee&, 2011 kees 68 (42 Dee@@vemeeF leLee 26 Dee@@]HemeeF) nes ieF&. etkes, etSF&, yeneceeme, yenejerve, ne@biekeebie, efmebieehegj leLee yesefupeece ceW Jewefeke ^spejer meesuetMeve efeeeefvJele efkeee ieee. etieeC[e ceW yeQke keer Deveg<ebieer ves Yeer heefjeeueve osMe keer DeeJeMekeleeDeesb kes Devegmeej ^spejer cees[etue kes efeeevJeeve nsleg eefeee Meg kej oer ns.
Ghee&gkele kes Deefleefjkele, peebefyeee ceW yeQke kes SmeesefmeS keer 12 MeeKeeSb nQ.
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efmJeHe kesverkejCe SefkeefJeer kee efeeevJeeve hetje nes egkee nw Deewj cegbyeF& ceW yeQke kes [ee mesvj mes Fmekee heefjeeueve Meg nes ieee nw. etkes leLee etSme sjerjer kees es[kej, meYeer sjerefjeeW / Deveg<ebefieeeW ves efmJeHe ke#e / [ee mesvj kes ceeOece mes Deheves efmJeHe heefjeeueve Meg kej efoes nQ. SkemeSceSce ShueerkesMeve SmeSSce leLee heermeer keveske kes mLeeve hej efeeeefvJele keer ieF&. Yegieleeve mebosMe eCeeueer Yeer efeeeefvJele kej oer ieF&. en keesj yewefkebie meesuetMeve (efHeveskeue) leLee efmJeHe kes yeere efce[ue Jesej nw peesefke Oeve MeesOeve efveJeejCe peebe kes meeLe DeeJeke leLee peeJeke efmJeHe mebosMeeW kes m^s-Let-eesmesefmebie ceW meneelee kejlee nw. etkes leLee etSmeS kees es[kej meYeer efJeosMeer sefjefjeeW / Deveg<ebefieeeW ceW Fmekee efeeevJeeve efkeee ieee. OeveMeesOeve efveJeejke (yese cees[) kee yesefupeece leLee etSceS kees es[kej meYeer efJeosMeer kesvesb ceW efeeevJeeve efkeee ieee. etSmeS kees es[kej yeQke kes meYeer kesvesb ceW OeveMeesOeve efveJeejCe Dee@@veueeFve efuem cesefebie meesuetMeve kee Yeer efeeevJeeve efkeee ieee.
2010 -11
efJeefveeeceke Devegheeueve
yeQke keer Devegheeueve mebjevee ie=n osMe kes efJeefveeeceke kes eeefuele ceeie&efveoxMeeW hej DeeOeeefjle nw. meYeer efJeosMeer sjerjerpe ves kesv-efJeefMe< Devegheeueve veerefleeeb mLeeefhele keer nQ, pees yeQke keer kee@heexjs Devegheeueve veerefle kes Deveghe nQ. sjerjer kes veeefcele Devegheeueve DeefOekeejer eje Devegheeueve mebyebOeer keee& efkees peeles nQ. mebyebefOele osMe Deewj ie=n osMe kes DeJewOe Oeve MeesOeve efveJeejCe (Sber ceveer ueeb[efjbie) Deewj Deheves ieenke kees peeveW ceeie&efveoxMeeW kee yeQke ke"esjlee mes heeueve kejlee nw.
^spejer heefjeeueve
Je<e& 2010-11 kes oewjeve Jewefeke DeeefLe&ke heefjMe ves Ske efceueer- pegueer lemJeerj hesMe keer .GYejles yeepeejeW keer DeLe&JeJemLeeSb cepeyetle jneR Deewj Decejerkee Deewj etjes #es$eesb ceW FmeceW Geue efoKeeF& efoee. leLeeefhe, ceOehetJe& Deewj Gej Deeerkee keer IeveeDeesb kes heefjCeecemJehe Je<e&Yej ceW lesue keer keerceleeW ceW Yeejer Je=ef ves Jewefeke efJekeeme keer ieefle ceW keeHeer DeefveefMelelee hewoe keer. Keeeevve Deewj JemlegDeesb keer ye{leer keerceleeW kes meeLe meeLe lesue keer keerceleeW ceW Yeejer Geue ves cegemHeerefle keer efebleeSb ienjeF&b. cegemHeerefle kees keeyet ceW ueevee Deewj meeLe ner meeLe DeeefLe&ke efJekeeme kees yeveeS jKevee Fve oesnjer egveewefleeeW kee meblegefuele he mes meecevee kejves kes eeemeeW ceW Yeejleere efj]peJe& yeQke ves ceee& 2010 mes veerefleiele ojeW ceW Je=ef ueevee DeejbYe efkeee. Je<e& 2010-11 kes oewjeve, Yeejleere efj]peJe& yeQke ves kegue efceueekej jshees js ceW 175 DeeOeej efyevogDeesb Deewj efjJeme& jshees js ceW 225 DeeOeej efyevogDeesb keer ye{esejer keer, eeefhe Fmes Ske meeLe veneR yeefuke eefceke he mes ye{eee ieee. kesvere meebefKekeer mebie"ve, Yeejle mejkeej eje Je<e& 2010-11 kes efueS mekeue osMeer Glheeo ceW Je=ef kee Deefiece Deekeueve 8.6 % efkeee ieee nw. meceer#eeOeerve Je<e& kes oewjeve 10 Je<eer&e DeefYekeefuhele peer-meske eefleHeue kee Gelece mlej 8.25% Deewj efvecvelece mlej 7.37% jne, efpemekee Deewmele ueieYeie 7.90% jne. Deee ceW Je=ef Deewj ojeW ceW ye{eslejer keer Fme he=<"Yetefce ceW yeQke ^spejer kee cegKe Oeeve Deheves meebefJeefOeke lejuelee Devegheele (SmeSueDeej) efveJesMeeW hej meceie he mes Deee ceW Je=ef kejves hej jne. Je<e&Yej ceW osMeer SmeSueDeej efveJesMeeW hej Deewmele eefleHeue 7.68% jne. mLetue DeeefLe&ke efmLeefle kees Oeeve ceW uesles ngS `èfyeeer kes efueS GheueyOe'' esCeer kes lenle SmeSueDeej efveJesMeeW keer mebMeesefOele DeJeefOe 2.62 Je<e& jKeer ieeer. Je<e&Yej ceW yeQke ves efveJesMeeW hej yeepe / yes kes he ceW 4645.83 kejes[ . Deefpe&le efkees, efveJesMeeW keer efyeeer mes ueeYe kes he ceW 457.24 kejes[ . Deewj efJeosMeer cege Depe&ve kes he ceW 307.61 kejes[ . Deefpe&le efkees ieS. ^spejer ves yeepeej kes Gleej e{eJe kee meefee he mes Fmlesceeue efkeee Deewj DeesJejmeeF Fb[skeme mJewhme kees DeeF&SveyeerScekes mJewhme kee Gheeesie Oeve megj#ee Deewj Jeeheeefjke DeJemejeW kes efueS efkeee. ^spejer DeeF&DeejSme, meerDeeF&DeejSme, Hee@jJe[&me Je Dee@@hMevme pewmeer GheueyOe efueKeleeW kee Gheeesie kejles ngS ieenkeeW kes Deveghe meesuetMevme hesMe kejleer nw, pees kee@heexjs ieenkeeW keer yeepe oj Deewj efJeosMeer efJeefvecee peesefKece Ieeves keer DeeJeMekeleeDeesb kees hetje kejles nQ. DeeefmleeeW keer efJeefJeOe esefCeeeW kes yeere, efpeveceW ceveer ceekex, meeryeerSueDees, ceekex jshees, mejkeejer eefleYetefleeeb Deewj Decejerkeer [e@uej / Yeejleere hees kes mJewhme kes ceeOece mes eehle nesvesJeeues mebmeeOeve Yeer Meeefceue nQ, GheueyOe ee efJeee kes DeJemejeW kee Yeer ^spejer ves meefee leewj hej Heeeoe G"eee. meceer#eeOeerve Je<e& kes oewjeve, ^spejer ves Meer<e&mLe efej II Deewj efvejblej yeeb[ efueKeleeW kes ceeOece mes yeQke kes efueS oerIee&JeefOe mebmeeOeve pegeS. eej MeeKeeDeesb
F& yeQefkebie
yeQke ves efHepeer, Deesceeve, lebpeeefveee Deewj etveeFs[ efkebie[ce kes heefjeeueveeW ceW Jet DeeOeeefjle F& yeQefkebie GheueyOe kejeee nw. yeQke ves etieeb[e, yeeslmeJeevee, mebegkele Dejye Deceerjele, vetpeerueQ[, kesefveee, cee@jerMeme Deewj mesMesume ceW mebJeJenej DeeOeeefjle Fbjves yeQefkebie kees keeee&efvJele efkeee nw. yeQke ves Je<e& 2011-12 kes oewjeve Fme megefJeOee kes lenle Mes<e meYeer efJeosMeer kesvesb kees ueeves keer eespevee yeveeF& nw.
efJeosMeer heefjeeueveeW ceW peesefKece eyebOeve

yeQke ves mecegefele peesefKece eyebOeve eCeeueer mLeeefhele keer nw, efpemeceW efveosMeke ceb[ue Deewj Jeefj<" eyebOeve keer meefee osKejsKe kes DeefveJeee& Ieke, mecegefele veerefleeeb, keee&eCeeefueeeb Je meerceeSb, heee&hle eyebOe metevee eCeeueer Deewj Deheves efJeosMeer heefjeeueveeW ceW peesefKece heneeve, peesefKece efveOee&jCe, peesefKece DevegeJele&ve Deewj peesefKece efveev$eCe kes efueS Jeeheke Deebleefjke efveev$eCe Meeefceue nQ. yeQke ves meYeer efJeosMeer sjerjerpe ceW 31 ceee& 2008 mes yeemeue II ceeie&efveoxMe ueeiet efkees nQ Deewj $e+Ce peesefKece kes efueS ceevekeerke=le DeJeOeejCee, yeepeej peesefKece kes efueS ceevekeerke=le keeueeJeefOe heefle Deewj heefjeeueve peesefKece kes efueS yesefmeke Fbef[kesj DeJeOeejCee kees Deheveeee nw. DeeOegefveke DeJeOeejCeeDeesb kees Deheveeves kes efueS leweejer kes leewj hej yeQke ves Deheves etveeFs[ efkebie[ce Deewj mebegkele Dejye Deceerjele sjerjerpe kes Deveghe (kemceeFp[) yee@ye jwce Deebleefjke jsefbie cees[etue efJekeefmele efkeee nw, efpemeceW efJeosMeer JeJemeee kee DeefOekelece DebMe Meeefceue nQ. Deve sjerjerpe ceW yee@ye jwce kees ejCe-ye he mes ueeiet efkeee peeSiee. efJeosMeer heefjeeueveeW ceW DeeJeMeke peesefKece eyebOeve keee&eCeeefueeeb ueeiet kejves leLee mebyebefOele ie=n osMe kes efJeefveeecekeeW kes eeefuele ceeie&efveosMees kes Devegheeueve kes efueS meYeer ecegKe efJeosMeer sjerjerpe ceW kegMeuelee Deewj eesielee eehle peesefKece eyebOekeeW kees efveegkele efkeee ieee nw.
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ceW yeQke keer cepeyetle meeKe kes Fefleneme kes DeeOeej hej meyemes Deer Melees hej kegue 2211.50 kejes[ . pegeS ieS. 2008 kes DeeefLe&ke mebke kes iegpej peeves kes yeeo Yeejleere DeLe&JeJemLee ves ueieeleej otmejs Je<e& ceW meg{ Je=ef eoefMe&le keer. leLeeefhe, 2010-11 keer otmejer :ceener ceW efveefJeefeeW keer ueeieleeW kes oyeeJe kes keejCe Deeweesefieke Glheeove keer ieefle Oeerceer ngF&. efveJesMekeeW kes efJeMJeeme kee eefleefyebye yeerSmeF& mebJesoer metekeebke ceW efoKeeF& efoee, efpemeves Je<e& kes oewjeve 21,108 keer TbeeF& kees gDee. leLeeefhe, FefkeJeer efveJesMekeeW ves ueeYe kecee efueee Deewj ceOehetJe& Deewj Gej Deeerkee keer IeveeDeesb, lesue keer Tbeer keerceleeW Deewj ueieeleej ye{leer cegemHeerefle kes keejCe 2010-11 keer Debeflece efleceener ceW efveJeue he mes SHeDeeF&DeeF& kee DeeG Heuees efoKeeF& efoee. yeepeej kes Gleej e{eJeeW kee Heeeoe uesles ngS yeQke keer ^spejer kes FefkeJeer [smke ves Deheves mebefJeYeeie kee meefee cebLeve efkeee Deewj ueeYe ope& efkeee. Je<e& kes oewjeve, yeQke kes FefkeJeer [smke kes ve&DeesJej ceW efJeiele Je<e& keer leguevee ceW 60.0% Je=ef ngF& Deewj Fmeves meceJeleer& DeJeefOe keer leguevee ceW ogiegvee ueeYe ope& efkeee. yeQke keer ^spejer kes efJeosMeer cege [smke ves Yeer Yeejleere yeQefkebie Geesie ceW cegKe yeepeej eCeslee keer Deheveer ehe yejkejej jKeer. eeseeFjer ^sef[bie [smke Heeteme& Deewj DeesJej o keeGbj (Deesermeer) ceekex kes yeere ee efJeee kee ueeYe uesves ceW meefee jne. efJeosMeer cege [smke DeefmLejleeDeesb kee o#elee mes eyebOe kejles ngS DebleyeZke Deewj cees [smke oesveeW kes ve&DeesJej ceW 25.0% mes DeefOeke Je=ef heeves ceW meHeue jne. yeQke kes efueS DebleyeZke Je cees efJeosMeer cege ve&DeesJej 2.85 kes yeepeej Devegheele keer leguevee ceW 8.28 jne. Je<e& 2010-11 kes oewjeve, yeQke ves Deheves kee@heexjs keeee&uee, cegbyeF& ceW ye[ewoe meve eJej ceW Deheves DeleeOegefveke [erefuebie ce kee GodIeeve efkeee. Fme [erefuebie ce kes ceeOece mes DeevesJeeues Je<ees ceW ^spejer heefjeeueveeW kee efJemleej kejves kes efueS yeQke hetCe&le: leweej nw. ^spejer yeQke kes osMeer ^spejer heefjeeueveeW kees mebYeeuelee nw Deewj efJeosMeer cege, yeepe oj, efveefMele Deee, FefkeJeer Deewj Deve Jewkeefuheke DeeefmleeeW pewmes efJeefJeOe yeepeejeW keer ieefleefJeefOeeeW kees Yeer mebeeefuele kejlee nw. Deheves ieenkeeW kees yeepe oj Deewj cege mJewhme meefnle efJeeere GlheeoeW kee Ghenej hesMe kejves kes efueS yeQke DeleeOegefveke skevee@uee@peer huewe@ce kee Fmlesceeue kejlee nw. efJemleeefjle mJeeeefuele [erefuebie ce kes ceeOece mes yeQke Deheves ieenkeeW kees Yeejle keer Deheveer eeefOeke=le MeeKeeDeesb kes ceeOece mes mJe me=efpele efjeue eFce efJeosMeer cege ojW osves ceW meHeue nw.
JeeJemeeefeke keee&eCeeefueeeW kes hegveie&"ve (yeerheerDeej) kes lenle yeQke ves ecegKe efJeeere kesvesb ceW Jewefeke ^spejer meesuetMeve kees meHeueleehetJe&ke ueeiet efkeee. cegbyeF&, etjeshe (uebove Je yetmesume), ogyeF&, yenejerve, efmebieehegj, yeneceeme Deewj nebiekeebie ceW Jewefeke ^spejer huesHee@ce& megee he mes keee& kej jne nw. Je<e& 2010-11 kes oewjeve, yeQke kes vetee@ke& heefjeeueveeW ceW Jewefeke ^spejer huesHee@ce kees keee&efvJele kejves kee keee& DeejbYe efkeee ieee. ^spejer efce[ DeeefHeme yeQke kes efveosMeke ceb[ue eje efveefele efkees iees yeepeej peesefKeceeW leLee meerceeDeesb keer leelkeeefueke DeeOeej hej efveiejeveer kejlee nw. Jesuet S efjmke (JeerSDeej) pewmes peesefKece eyebOeve Gheee meYeer hees&HeesefueeeW ceW yeepeej peesefKece kee helee ueieeves kes efueS eegkele efkees peeles nQ. Fve GheeeeW kees hees& HeesefueeeW kes m^sme hejer#ee Deewj peesefKece eyebOeve hej yeQke sefmbie eje meneelee efceueleer nw.
keeheexjs meeceeefpeke GllejoeefelJe (meerSmeDeej)

JeJemeee keer lejn yeQke keeheexj peeiekelee ceW Glke=<lee neefmeue kejves kee s Fgke nw. Ske Gllejoeeer keeheexj veeieefjke nesves kes veeles meceepe kes iejerye SJeb s kecepeesj Jeiees kex meeceeefpeke DeeefLe&ke efJekeeme kes ceeOece mes meeceeefpeke meMekeleerkejCe kee keee& yeQke kee ue#e jne nw. meceepe ceW Jeeheke yeoueeJe kes efueS yeQke ves Je<e& 2010-11 kes oewjeve Fme efoMee ceW Deheves eeeme peejer jKes.
keeheexjs meeceeefpeke GejoeefelJe keer efoMee ceW yeQke kes veJeesvces<eer eeemeeW keer Ske Peueke
yeQke ves yesjespeieej egJeeDeesb kees ueeYeeo mJejespeieej osves leLee GeceMeeruelee ye{eves kes efueS efve:Meguke eefMe#eCe osves nsleg ye[ewoe mJe-jespeieej efJekeeme mebmLeeve (ye[ewoe Deej-mesleer) mLeeefhele efkees efpememes GvnW Deheveer heeefjJeeefjke DeeefLe&ke efmLeefle kees megOeejves leLee mLeeveere DeLe&JeJemLee kees yesnlej kejves ceW meneelee efceueleer nw. DeYeer leke yeQke Ssmes 36 mebmLeeve mLeeefhele kej egkee nw efpeveceW 79,000 mes DeefOeke egJee eefMeef#ele ngS Deewj ueieYeie 50,000 egJee ueeYeoeeer mJejespeieej kej jns nQ.
ye[ewoe meve eJej ceW veF& DeleeOegefveke efJeMes<eerke=le ^spejer MeeKee ceW oerhe epJeefuele kejles ngS keee&keejer efveosMeke eer Deej.kes. ye#eer Deewj meeLe ceW nQ keee&keejer efveosMeke eer Sve. Sme. eerveeLe [erue kejles ngS
yeQke ves osMeYej ceW ieeceerCe ueesieeW kees peevekeejer, mecemeeDeesb kes efveoeve leLee $e+Ce mebyebOeer meueen osves kes efueS 52 ye[ewoe ieeceerCe hejeceMe& kesv mLeeefhele efkees. efJeefYevve efJelleere leLee yeQefkebie mesJeeDeesb kes yeejs ceW ieeceerCe pevelee ceW
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peeiekelee ye{eves leLee efJelleere meceeJesMeve keer eefeee kees lespe kejves kes efueS yeQke ves Je<e& 2010-11 kes oewjeve 14 efJelleere mee#ejlee leLee $e+Ce hejeceMe& kesv (SHeSuemeermeerSme) mLeeefhele efkees. Deye efJelleere mee#ejlee SJeb $e+Ce hejeceMe& kesvesb keer kegue mebKee 18 nes ieF& nw.
2010 -11
Yeejleere yeQefkebie Geesie ceW Glke=< heefjmebheefe iegCeJellee keer ef[ueerJeefjbie ceW yeQke kee melele keee& efve<heeove efvecveefueefKele leeefuekee mes osKee pee mekelee nw (` kejes[ ceW) Deeefmle esCeer (mekeue) ceeveke mekeue SveheerS kegue DeJeceeveke mebefoiOe neefve mekeue SveheerS kee pees[ mekeue SveheerS ceW efvecveefueefKele Meeefceue nQ 1,097.23 1,336.64 718.63 3,152.50 894.83 743.22 762.64 2,400.69 31 ceee&, 2011 2,28,173.03 3,152.50 2,31,325.53 31 ceee&, 2010 1,74,736.43 2,400.69 1,77,137.12
Deeefmle iegCeJellee eyebOeve

Deeefmle iegCeJellee eyebOeve kes #es$e ceW Glke=<lee kes efueS yeQke Dee@@]He ye[ewoe ves Meg mes ner eefle<"e Deefpe&le keer nw. Je<e& 2010-11 kes oewjeve Yeer yeQke ves Deheves Devepe&ke Deeefmle (SceheerS) hees&HeesefueeeW kes kegMeue leLee jCeveerefleiele eyebOeve kes ceeOece mes Yeejleere yeQefkebie efmemce ceW Glke=< heefjmebheefe iegCeJellee yeveees jKeer. SveheerS keer Jemetueer nsleg melele efveiejeveer leLee DevegJeleer& keee&Jeener kes meeLe efmuehespe kees jeskeves kes efueS hetJe& esleeJeveer mebkesle neefmeue kejves kes megheefjYeeef<ele leb$e ves yeQke kees Dehevee SveheerS eLeemebYeJe vetvelece mlej hej jKeves ceW meneelee keer. DeeefLe&ke efiejeJe kes eefleketue eYeeJeeW leLee efJelleere mebkeslekeeW ceW leerJe Gleeje{eJe kes keejCe Yeejleere yeQefkebie Geesie ceW meeceevele: heefjueef#ele Ge efmuehespeeW kes yeeJepeto yeQke ves 31 ceee&, 2011 kees mekeue DeefieceeW kes 1.36% leke Dehevee mekeue SveheerS jKee. efheues Je<e& Yeer ener mlej Lee. yeQke kee Meg SveheerS Devegheele Yeer 31 ceee&, 2010 kes 0.34% keer leguevee ceW 31 ceee&, 2011 kees 0.35% hej jne. Deeefmle iegCeJellee eyebOeve ceW yeQke kee Glke=< keee&-efve<heeove Je<e& 2009-10 kes 1.17% kes Je=efMeerue yekeeee Devegheele keer leguevee ceW 2010-11 ceW 1.09% kes meeceeve mlej kes he ceW heefjueef#ele ngDee. Je<e& kes Meg ceW yeQke kes msC[[& KeeleeW kes eejbefYeke Mes<e ceW vees efmuehespe kes eefleMele kes he ceW Deefleefjkele yekeeee kes he ceW en Devegheele efvekeeuee ieee nw. Deheves efheues efjkee[& kes Devegmeej yeQke ves Yeejleere efj]peJe& yeQke eje efveOee&efjle 70% kes DeefveJeee& ceeveob[ keer leguevee ceW Deheves SveheerS hees&HeesefueeeW hej Ge $e+Ce neefve ee eeJeOeeve keJejspe Devegheele kees yeveees jKee. 31 ceee&, 2011 kees yeQke kee SveheerS keJejspe Devegheele 31 ceee&, 2010 kes 74.90% keer leguevee ceW 74.91% Lee. lekeveerkeer yesKeeles ceW $e+Ce neefve ee eeJeOeeve keJejspe Devegheele 31 ceee&, 2011 kees 85.0% nw peyeefke 31 ceee&, 2010 kees en 87.0% Lee. yeQke ves lespe keevetveer keej&JeeF& leLee mecePeewlee / DeeserSme kes ceeOece mes Deheves SveheerS keer lespeer mes Jemetueer / meceeOeeve nsleg meMekele DevegJeleer& leb$e kees Yeer Deheveeee nw. Fme jCeveerefle mes yeQke kees Je<e& 2010-11 kes oewjeve 455.49 kejes[ hees keer vekeoer Jemetueer keer peyeefke efheues Je<e& en 383.27 kejes[ hees ngF& Leer. Fmekes Deefleefjkele 2010-11 kes oewjeve efJeJeskemeccele / lekeveerkeer he ceW yesKeeles [eues iees KeeleeW mes vekeoer Jemetueer 272.65 kejes[ hees ngF&. yeQke ves 10 ueeKe hees leke kes yekeeee Mes<e Jeeues ess KeeleeW ceW lespeer mes Jemetueer kejves ceW Deheves efJeMes<e DeefYeeeveeW kes DevegYeJeeW kee ueeYe G"eee. GoenjCeeLe&, meceer#eeOeerve Je<e& kes oewjeve Meg efkees iees DeefYeeeve mebkeuhe kes ceeOece mes 77.78 kejes[ hees keer vekeoer Jemetueer ngF&. yeQke ves 10 kejes[ hees leke kes yekeeee Jeeues Deheves SmeSceF& KeeleeW nsleg efJeMes<e DeeserSme eespevee SmeSceF& DeeserSme 2010 kee Yeer MegYeejbYe efkeee Lee. en eespevee yengle meHeue jner Deewj Fmemes 53.18 kejes[ hees keer vekeo Jemetueer ngF&.
metevee eeweesefiekeer
yeQke ves Deheves Iejsuet, efJeosMeer leLee Deveg<ebefieeeW kes heefjeeueve ceW meceie JeJemeee leLee metevee eeweesefiekeer keee&veerefle kees Deheveeee nw. yeQke keer eeweesefiekeer mebjevee keer ecegKe efJeMes<eleeSb efvecveevegmeej nw yeQke kes Yeejleere heefjeeueve keer meYeer MeeKeeSb leLee efJemleej heue keesj yeQefkebie meesuetMeve (meeryeerSme) kes huesHeece& hej Dee iees nQ. Fmekes Deefleefjkele Je<e& 2010-11 kes oewjeve, yeQke kes heebe #es$eere ieeceerCe yeQkeeW keer 1218 MeeKeeDeesb leLee leerve efJemleej heueeW ceW efjkee@[& mecee ceW meeryeerSme efeeeefvJele efkeee ieee. peneb leke yeQke kes Deblej&e<êre heefjeeueve keer yeele nw, Je<e& kes oewjeve vetpeeruewC[ leLee yesefupeece sjerefjeeW ceW meeryeerSme efeeeefvJele efkeee ieee. kegue efceueekej 13 efJeosMeer sjerjer ceW 44 MeeKeeSb leLee 8 efJeosMeer Deveg<ebefieeeW ceW 28 MeeKeeSb meeryeerSme hej nQ pees efke yeQke kes efJeosMeer JeJemeee kes 97.00% kees keJej kej jner nw. Deewue 2011 ceW yeQke kes vetee@ke& keeee&uee ceW meeryeerSme kes efeeevJeeve kes meeLe yeQke kee mecee efJeosMeer JeJemeee meeryeerSme kes oeejs ceW Dee ieee. Fmekes Deefleefjkele yeQke kee metevee eeweesefiekeer mes-Dehe Keelee Keesueves keer eefeee leLee uesve-osve kees Dee@@veueeFve leLee DeeHeueeFve oesveeW {bie mes kejves kes efueS efJekeefmele efkeee ieee nw leeefke efJelleere meceeJesMeve ceW ueies JeJemeee eefleefveefOe eqJeeere meceeJesMeve kej mekeW. efJelleere meceeJesMeve keer henue kes he ceW yeQke ves iegpejele, Gllej eosMe leLee efyenej ceW ceesyeeFue Jewve yeQefkebie keer Yeer MegDeele keer nw. yeQke ves DeheeFce Fbmeret efej-3 ceeveke kes Deveghe DeleeOegefveke [ee meWj kes efeeevJeeve kes ceeOece mes Glke=< eeweesefiekeer {ebee efveefce&le efkeee nw Deewj meeLe ner efJeefYevve Yetkebheere #es$eesb ceW ef[peemj efjkeJejer meeF Yeer mLeeefhele efkees nQ pees ieenkeeW kees DeveJejle yeQefkebie mesJee ef[ueerJejer megefveefele kejves kes efueS efkemeer Yeer ogIe&vee kes mecee Deueie megj#ee keJee kes he ceW keee& kejWies. meceer#eeOeerve Je<e& kes oewjeve yeQke ves Deheves ceewpetoe [ee meWj kees yeQke kes Deheves heefjmej ces vees [ee meWj ceW yeQefkebie heefjeeueve ceW efyevee efkemeer JeJeOeeve kes mLeeveebleefjle kej efoee. yeQke ves Deheves vees [ee meWj ceW keF& ieerve metevee eeweesefiekeer henueW Yeer keer nQ.
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yeQke keer Fbjves yeQefkebie megefJeOee (ye[ewoe keveske) mJeeb kes KeeleeW ceW, leermejer heeer& (yeQke kes Deboj) kees leLee Deblej yeQke DeeOeej hej efveefOeeeW kes DeblejCe keer lJeefjle Deewj megjef#ele megefJeOee eoeve kejleer nw. Deve GheueyOe megefJeOeeSb nQ ele#e SJeb Deele#e kejeW kee Yegieleeve leLee keg jepe mejkeej kes kejeW, GheYeeskelee efyeueeW, jsue efkeeW, Dee@@veueeFve Mee@efhebie, cebefojeW kees oeve leLee mebmLeeveeW keer Heerme kee Dee@@veueeFve Yegieleeve. kee@jheesjsme kees Fmemes meerOee mewuejer Deheuees[, Jeeheej efJelle keer megefJeOee eehle nesleer nw. Fmes Je<e& kes oewjeve jepe kej Yegieleeve GoenjCeleee ceneje<^ Jee&gDeue ^spejer, ceneje<^ efyeeer kej, leefceuevee[g JeeefCeefpeke kej, iegpejele meeFyej ^spejer (ceesj Jeenve kej) nsleg me#ece yevee efoee ieee nw. yeQke kes Fbjves yeQefkebie hees&ue hej SmeSceSme Deue&me, DeejerpeerSme/SveF&SHeer uesveosveeW keer megefJeOee Yeer GheueyOe kejeF& ieF& nw. DeejbefYeke meeJe&peefveke efveie&ceeW SJeb DevegJeleer& meeJe&peefveke efveie&ceeW kes FkeefJeer MesejeW ceW Dee@@veueeFve DeeJesove nsleg ye[ewoe keveske ceW SSmeyeerS (DehueerkesMeve meheesx[ yeeF yuee@ke[ DeceeGb) eCeeueer GheueyOe kejeF& ieF& nw. etieeb[e, yeeslmJeevee, vetpeerueQ[, etSF&, kesvee, cee@jerMeme, mesMeume leLee efHepeer ceW Yeer uesve osve DeeOeeefjle Fbjves yeQefkebie megefJeOee keeee&efvJele keer ieF& nw pees efke mJeeb kees SJeb leermejer heeer& kees efveefOe DeblejCe efyeue Yegieleeve, keeheexjs mewuejer Deheuees[ leLee Dee@@veueeFve Mee@efhebie keer megefJeOee GheueyOe kejeleer nw. Deesceeve SJeb lebpeeefveee ceW Yeer metevee DeeOeeefjle Fbjves yeQefkebie kees keeee&efvJele efkeee ieee nw. yeQke ves Yeejle ceW efkees peeves Jeeues F& yeQefkebie uesveosveeW kes mebyebOe ceW oesnjs meleeheve nsleg Ske OeesKeeOe[er eyebOeve eCeeueer keeee&efvJele keer nw. Fmes Deblej&e<êre heefjeeueve #es$eesb ceW F& yeQefkebie kes veS mJehe (Je]pe&ve) kes meeLe ueeiet efkeee peeSiee. yeQke ves Yeejle, etSF&, yeeslmJeevee, etieeb[e, vetpeerueQ[, kesvee, cee@jerMeme leLee mesMeume ceW Fbjves yeQefkebie Deue&me keer ef[efueJejer kes efueS SmeSceSme Deue&me ef[efueJejer iesJes kees Deheies[ kej efueee nw. Fmes yeQke kes meYeer ieenkeeW kees MeerIe GheueyOe kejeee peeSiee. cees SJeb Fbjves Mee@hejeW kees Dee@@veueeFve Kejero kes mebyebOe ceW [sefye kee[&/esef[ kee[& nsleg Fbjves Yegieleeve iesJes mesJee kee Ske megjef#ele ceeOece GheueyOe kejJeevee. yeQke ves Yeejle, etSF&, Deesceeve, cee@jerMeme, efHepeer, lebpeeefveee, yeeslmJeevee, efêfvevee[ Sb[ esyewiees SJeb vetpeerueQ[ ceW Ske SerSce efmJee heefjeeefuele efkeee nw. Fve efmJeeeW kes lenle Meeefceue SerSce kes ceeOece mes ef[efueJejer efyebogDeesb keer mebKee kees ye{ekej ieenkeeW kees megefJeOee eoeve kejves nsleg vetpeerueQ[ vesMeveue ceW hes ceeke& efmJee, efêfvevee[ Sb[ esyewiees ceW efuebkeme efmJee, et kes ceW SHeDeeF&Sme efmJee kes meeLe SkeerkejCe emleeefJele nw. yeQke ves ieenke keWer henue kes he ceW Deveske KeeleeW kees Ske [sefye kee[& (Jeermee, meerJeerJeer 2 eje meleeefhele) mes mebye efkeee nw SJeb SerSce kes Gheeesie eje F& wkeme kee Yegieleeve kejvee mebYeJe yeveeee nw. Denceoeyeeo, hegCes, ueKeveT SJeb veF& efouueer ceW ceesyeeFue SerSce Yeer DeejbYe efkees ieS nQ. peveJejer 2011 ceW eeeesefieke leewj hej ceesyeeFue yeQefkebie- ye[ewoe Sce. keveske DeejbYe efkeee ieee nw pees efke peceeMes<e hetlee, ueIeg efJeJejCeer, Deveske KeeleeW kees efuebke kejvee, efveefOe DeblejCe, yeQke kees DevegjesOe, efyeue Yegieleeve, efke yegefkebie, Mee@efhebie, DeefYecele/efMekeeele Fleeefo pewmeer efJeefYevve megefJeOeeSb GheueyOe kejelee nw.
yeQke kes ieenkeeW kees efjsue ef[heesefpejer mesJeeSb Yeer GheueyOe kejeF& ieF& nQ. keWerke=le ef[heesefpejer ShueerkesMeve kes DeeOeej hej MeeKeeSb SveSme[erSue SJeb meer[erSmeSue oesveeW kes efueS ef[heesefpejer mesJeeSb eoeve kejves ceW me#ece nQ. yeQke ves mebmLeeiele ^sef[bie kes efueS Dee@@veueeFve ^sef[bie eCeeueer DeejbYe keer nw. efjsue kes mebyebOe ceW Dee@@veueeFve ^sef[bie eCeeueer Deheves keeee&vJeeve kes Debeflece ejCe ceW nw SJeb Fmes Je<e& 2011- 12 kes oewjeve DeejbYe efkeee peeSiee. yeQke keer vekeoer eyebOeve mesJee, yeQke kes ieenkeeW kees eoeve keer peeves Jeeueer mebhetCe& ekeeees mex egkele Jesye DeeOeeefjle kewMe cewvespeceW mesJee nw. FmeceW eeefhle eyebOeve (Jemetueer), vekeoer eyebOeve leLee FveJee@eme eyebOeve (eehe SJeb ose eyebOeve) pewmeer mesJeeSb Meeefceue nQ. yeQke keer meeryeerSme MeeKeeSb DeejerpeerSme SJeb SveF&SHeer kes ceeOece mes Deblej yeQke Oeve es<eCeeW kes efueS me#ece yeveeF& ieF& nQ. DeejerpeerSme SJeb SveF&SHeer kes efueS yeQke kes Fbjves yeQefkebie hees&ue hej Yeer FbjHesme GheueyOe kejeee ieee nw. pegueeF& 2010 ceW SveF&SHeer kes DeeJeke mebosMeeW kes efueS m^s Let ee@mesefmebie keeee&efvJele efkeee ieee nw. efJeMJeJeeheer DeblejyeQke efJelleere mebes<eCeeW kes efueS yeQke keer Yeejle ceW efmLele efJeosMeer cege eeefOeke=le MeeKeeDeesb SJeb efJeosMeer heefjeeueve #es$eesb ceW efmJeHe megefJeOee GheueyOe kejeF& ieF& nw; yeQke ves Deheves 20 efJeosMeer heefjeeueve #es$eesb SJeb Yeejle keer meYeer eeefOeke=le MeeKeeDeesb ceW hesceW cesmesefpebie meesuetMeve ueeiet efkeee nw. meeryeerSme mes eehle nesves Jeeues efmJeHe mebosMeeW kees efmJeHe ceevekeeW kes Devegmeej meleeefhele kejves SJeb Hee@cex kejves ceW heerSceSme mes ceoo efceueleer nw SJeb Fmemes SSceSue peebe kee keece Yeer nes peelee nw. yeQke ves Ske veF& esef[ kee[& eyebOeve eCeeueer Yeer ueeiet keer nw; meYeer ekeej kes uesveosveeW pewmes efke Kejero, F&-kee@ceme& uesveosve Fleeefo kes efueS Dee@@veueeFve SmeSceSme pevejs nes peeles nQ leLee ieenkeeW kees F& efJeJejCe Yespes peeles nQ. yeQke ves heefjeeueve ueeiele kees kece kejves leLee yesnlej efveefOe eyebOeve nsleg etkes, etSF&, yeneceeme, yenjerve, nebiekeebie, efmebieehegj, yesefupeece pewmeer sjerefjpe leLee Yeejle ceW Skeerke=le JewefMJeke ^spejer heefjeeueve keeee&efvJele efkeee nw. yeQke eje eoeve efkees peeves Jeeues mesJee mlej ceW ye{esllejer kes efueS yewke Dee@@efHeme keeees kees efmeer yewke Dee@@efHeme ceW keWerke=le kej efoee ieee nw leLee ye[ewoe, peehegj, ueKeveT, Yeesheeue SJeb keesebyeletj ceW heebe #es$eere yewke Dee@@efHeme mLeeefhele efkees ieS nQ. yeQke kes heebe DeejyeerDees ceW efvepeerke=le eske yegke kees keeee&efvJele efkeee ieee nw. yeQke ves keWerke=le SHemeerSveDeej heefjeeueveeW kes efueS Yeer cee@[etume efJekeefmele efkees nQ. yeQke ves efyepevesme ee@mesme efjFbpeerefveeefjbie heefjeespevee kes Debleie&le eeeesefieke DeeOeej hej cegbyeF& ceW Deheveer mesJee MeeKee ceW HejJejer 2001 ceW mJeeeefuele eske ee@mesefmebie meWj (DeeJeke SJeb peeJeke) keer MegDeele keer nw. efveeefcele Devegheeueve nsleg Sber ceveer ueebef[^bie (SSceSue) Yeejle SJeb 20 efJeosMeer heefjeeueve #es$eesb ceW ueeiet keer ieF& nw. yeQke ves peesefKece eyebOeve meceeOeeve Yeer efeeeefvJele efkeee nw.
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yeQke ves Deheveer meYeer meeryeerSme MeeKeeDeesb (Iejsuet SJeb efJeosMeer) ceW 13 efomebyej,2010 kees FbjeeFpe JeeF[ peerSue meesuetMeve (F&[yuetpeerSue) ueeiet efkeee nw. Fmemes yeQke kees JeJemeee efJekeeme kes mebyebOe ceW efveCe&e uesves kes mebyebOe ceW Deveske Fveheg eehle nesles nQ leLee Fmemes Gece mlejere mecesefkele efjheess Yeer pevejs nesleer nw. Yeejle ceW yeQke kes meYeer keeee&ueeeW ceW keWerke=le hes jesue, mewuejer cee@ [etue, F&-er[erSme cee@[etue leLee ger cee@[etue keeee&vefJele efkeee pee egkee nw; efveCe&e uesves, heoesvveefle SJeb eeve eefeee kees megiece yeveeves leLee Deve Se Deej eefeeeDeesb kees mJeeeefuele kejves kes GsMe mes yeQke kes kece&eeefjeeW kes keWerke=le [seyesme yeveeves nsleg ceeveJe mebmeeOeve kece&eejer mesJee vesJeefke&bie kees keeee&efvJele efkeee ieee nw. ieeceerCe MeeKeeDeesb ceW ieenkeeW kees yeeOeejefnle yeQefkebie mesJee megefveMefele kejves nsleg yeQke ves Je<e& kes oewjeve Deheveer keg MeeKeeDeesb ceW meesuej heeJej pevejsMeve efmemce (SmeheerpeerSme) ueieeee nw. SmeheerpeerSme Gve MeeKeeDeesb ceW etheerSme kes ceeOece mes Gpee& kee Jewkeefuheke eesle GheueyOe kejeSiee pees efyepeueer keer Yeejer keceer DeLeJee DeleefOeke uees[ Mesef[bie kee meecevee kej jner nQ. megj#ee mebyebOeer mebkeeW mes eeweesefiekeer kees yeeeves kes efueS yeQke ves Ske cepeyetle metevee megj#ee eyebOeve eCeeueer mLeeefhele keer nw. yeQke keer Je<e& kes oewjeve DeejbYe keer ieF& Deve heefjeespeveeSb nQ ieenke mebyebOe eyebOeve, [seJesejneTme/DeesSHeSmeS leLee %eeve eyebOeve. Fve heefjeespeveeDeesb kes keg ejCe hetjs nes egkes nQ SJeb keg ejCe DeYeer keeee&vJeeveeOeerve nQ.
2010 -11
SveFSHeer, Heesve yeQefkebie, Fbjves hesceW iesJes (DeeF&heerpeer) Fleeefo GheueyOe kejJeelee nw. Fmekes Deefleefjkele efJeYeeie kes heeme ef[heesefpejer mesJeeDeesb, vekeoer eyebOeve mesJeeDeesb, SveDeejDeeF& mesJeeDeesb leLee mJeCe& efmekekeeW keer efyeeer keer osKejsKe kee keee& Yeer nw. Je<e& 2010-11 kes oewjeve F& efyepevesme efJeYeeie kes efJeefYevve Keb[eW kes lenle keee&efve<heeove kes ecegKe efJeJejCe veeres efoS ieS nQ :
SerSce/[sefye kee[& heefjeeueve

efJeJejCe heefjeeefuele SerSce keer mebKee peejer [sefye kee[& keer mebKee
31/03/2010 1315 45.95 ueeKe
31/03/2011 1561 62.71 ueeKe
Je<e& 2010-11 kes oewjeve keer ieF& veS henueW

ke) SerSce kes ceeOece mes Yegieleeve Ke) vekeo DeenjCe meercee kees 15,000 . mes ye{ekej 25,000 . eefleefove kej efoee ieee.
ye[ewoe keveske ( Fbjves yeQefkebie)

efJeJejCe Gheeesiekelee&Deesb keer mebKee efuebke efkees ieS KeeleeW keer mebKee 31/03/2010 31/03/2011 3,66,605 12,91,847 5,73,575 21,90,700
yeQke ves meJe&j Jee&gDeueeFpesMeve, mesjspe Jee&gDeueeFpesMeve, yewke Dehe keewvemeesefue[sMeve, [smkee@he Jee&gDeueeFpesMeve eje metevee eeweesefiekeer mebjevee kes meceskeve keer eespevee leweej keer nw leeefke mebmeeOeveeW kee yesnlej Fmlesceeue efkeee pee mekes SJeb efJeeceeve DeeF& er mebjevee kees Deheies[ efkeee pee mekes. Serce uesveosveeW keer ye{er ngF& cee$ee SJeb Deefleefjkele SerSce Keesueves nsleg yeQke ves SerSce efmJee kees Deheies[ kejves kee emleeJe jKee nw. yeQke ves ieenke kees Ske megKeo DevegYeJe eoeve kejves nsleg mebheke& keW meesuetMeve kes keeee&vJeeve keer eespevee leweej keer nw. efJeefYevve mesJee ewveueeW kes eje yeeOeejefnle SJeb kegMeue mesJee mebYeJe yeveeves nsleg yeQke ves Fbjves yeQekebie, SerSce SJeb Deve ef[efueJejer ewveueeW kes ceeOece mes f Deefleefjkele ieenkekeWer henueW kejves keer eespevee leweej keer nw. efyepevesme ee@mesme efjFbpeereveeefjie eespevee kes efnmmes kes he ceW yeQke ves f b MeeKeeDeesb kes yeQke Dee@eHeme keeees kees keWerke=le kejves keer eespevee yeveeF& nw @f leeefke MeeKeeSb efyeeer SJeb mesJee keWesb kes he ceW MeerIe heefjCele nes mekeW. Je<e& 2011-12 kes oewjeve efouueer, hegCes, keesuekeelee, peceMesohegj SJeb cegbyeF& ceW heebe Deewj #es$eere yewke Dee@@efHeme Keesueves keer eespevee yeveeF& ieF& nw.
metevee eeweesefiekeer mebyebOeer YeefJe<e keer eespeveeSb
Je<e& 2010-11 kes oewjeve keer ieF& veF& henueW

ke) DeeF&heerDees/SHeheerDees kes Dee@@veueeFve DebMeoeve (SSmeyeerS) kees Fvesyeue efkeee ieee Ke) efjsue Gheeesiekelee&Deesb kes efueS owefveke uesveosve meercee kees ye{eee ieee.
Heesve yeQefkebie
ke) yeQke ves en megefJeOee 19 ceee& 2009 kees DeejbYe keer Leer. Ke) Fme megefJeOee kes lenle meteerye Gheeesiekelee&Deesb keer mebKee 31 ceee&, 2011 kees 4,13,234 Leer, FmeceW 2010-11 kes oewjeve 1,70,464 veS Gheeesiekelee& pees[s ieS. ie) Fme megefJeOee hej eefleefove Deewmele efndme 600 mes DeefOeke Les.
ye[ewoe DeejerpeerSme/SveF&SHeer
efJeJejCe
2009-10
DeejerpeerSme SveF&SHeer
2010-11
DeejerpeerSme SveF&SHeer
DeeJeke uesveosveeW keer mebKee peeJeke uesveosveeW keer mebKee Deewmele uesveosve eefleefove (DeeJeke) Deewmele uesveosve eefleefove (peeJeke)
8,85,527 15,83,158 13,98,612 34,24,515 12,93,970 4,774 6,516 6,61,923 19,25,969 14,88,661 7,674 3,105 5,793 7,235 17,035 8,015
F&- efyepevesme
yeQke kee F& efyepevesme efJeYeeie efJeefYevve ekeej kes Jewkeefuheke ef[ueerJejer ewveue (S[ermeer) pewmes SerSce, Fbjves yeQefkebie (ye[ewoe keveske), DeejerpeerSme/
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efJelleere Je<e& 2010-11 kes oewjeve yeermeerSceSme ceW 10,08,000 uesveosve efkees ieS efpemekee kegue ve&DeesJej 11,027 kejes[ hees Lee. ejCeye he mes Fve mesJeeDeesb kees 100 Deewj keWesb hej efJemleeefjle kejves keer eespevee nw.
ye[ewoe vekeoer eyebOeve mesJeeSb
SeDeej eeweesefiekeer kee efeeevJeeve

yeQke ves Ske Jeeheke SeDeej eeweesefiekeer huesHee@ce& leweej efkeee nw efpemekes lenle SeDeejSce, eefMe#eCe, hes jesue SJeb ger cee@[etueeW kes ceeOece mes efJeefYevve keeees kees mJeeeefuele efkeee ieee nw. Je<e& kes oewjeve efJeefYevve Deve cee@[etueeW kee keeee&vJeeve peejer jKee ieee.
DeefveJeemeer Yeejleere ( SveDeejDeeF&) mesJeeSb

kegue SveDeejDeeF& peceeSb 31 ceee& 2010 kes 16,792 kejes[ hees kes mlej mes ye{kej Je<e& kes oewjeve 4.68% keer Je=ef kes meeLe 31 ceee& 2011 kees 17,578 kejes[ hees nes ieF. Fme Je<e& Yeer yeQke ves veF& efouueer ceW peveJejer 2011 ceW eJeemeer Yeejleere efoJeme - 2011 ceW Yeeie efueee.
me#ecelee efvecee&Ce mebyebOeer SeDeej henueW

Je<e& 2010-11 kes oewjeve Deveske eefMe#eCe SJeb efJekeemeelceke ieefleefJeefOeeeb mebhevve keer ieF&b efpeveceW egJee DeefOekeeefjeeW SJeb veS Yeleer& efkees ieS kece&eeefjeeW kes meJeeieerCe efJekeeme SJeb Gvveeve kes DeueeJee $e+Ce, Hee@jskeme [erefuebie, MeeKee eyebOeve, Deeeespevee, peesefKece eyebOeve Fleeefo #es$eesb ceW Jeeheke eefMe#eCe keee&ece Deeeesefpele efkees ieS. yeQke ves Je<e& kes oewjeve 1544 Deebleefjke eefMe#eCe keee&ece (osMe Yej kes 12 eefMe#eCe keWesb, Ske metevee eeweesefiekeer eefMe#eCe keW leLee Denceoeyeeo efmLele Meer<e& eefMe#eCe ceneefJeeeuee kes ceeOece mes) Deeeesefpele efkees SJeb 35843 kece&eeefjeeW kees eefMeef#ele efkeee. Fmekes Deefleefjkele yeQke ves Deheves 1509 kece&eeefjeeW kees osMe kes SJeb eneb leke efke efJeosMe kes Yeer efJeefYevve yeenjer eefleef<"le mebmLeeveeW ceW eefMe#eCe nsleg Yespee.
ye[ewoe F& iesJes hesceW (Fbjves hesceW iesJes)

31 ceee& 2011 kees Fme megefJeOee kes lenle 52 cees hebpeerke=le Les SJeb kegue ve&DeesJej 11.73 kejes[ hees Lee.
mJeCe& efmekekeeW keer efyeeer

yeQke ves Deketyej 2007 mes mJeCe& efmekekeeW keer efyeeer DeejbYe keer. Jele&ceeve ceW mJeCe& efmekekes 2 ieece, 4 ieece, 5 ieece, 8 ieece,10 ieece leLee 20 ieece kes Jepeve ceW yeses pee jns nQ. Je<e& 2010-11 kes oewjeve 1,08,743 mJeCe& efmkekes, efpevekee Jepeve 730.01 efke.ieece Lee, yeses ieS. Je<e& 2010-11 kes oewjeve mJeCe& efmekekeeW keer efyeeer mes 9.23 kejes[ hees kee ueeYe Deefpe&le efkeee ieee.
vesle=lJe efJekeeme
kece&eeefjeeW ceW vesle=lJe #ecelee kes efJekeeme keer DeleefOeke pejle kees Oeeve ceW jKeles ngS yeQke ves `èespeske G[eve'' kes veece mes Ske efJemle=le vesle=lJe efJekeeme keee&ece kee MegYeejbYe efkeee nw efpemekee ue#e YeefJe<e kes efueS
efveke YeefJe<e ceW DeejbYe efkees peeves Jeeues veS Glheeo

1. ceesyeeFue yeQefkebie kee efJemleej 2. efehes[ kee[& 3. ye[ewoe SJeb ueKeveT ceW mebheke& keWesb keer mLeehevee 4. [sefye kee[& kes efJeefYevve mJeheeW kee MegYeejbYe : ke. huewefvece esef[ kee[& Ke. cewmês [sefye kee[& ie. kee@cyeer ieesu[ [sefye kee[& Ie. yeeeescesef^ke SerSce kes efueS [sefye kee[& ieenke keWerke=le henue kes he ceW ye[ewoe SJeb ueKeveT ceW mebheke& keW (kee@ue meWj) mLeeefhele efkees pee jns nQ.
ceeveJe mebmeeOeve
ceeveJe mebmeeOeve jCeveerefleeeb, keejesyeej heeblejCe SJeb heefjeeueve FkeeFeeW kes keee&efve<heeove kees yesnlej yeveeves keer efoMee ceW yeQke kes meceie eeemeeW kee cenlJehetCe& Debie jner nQ. ceeveJe mebmeeOeve keeees kee cegKe GsMe kece&eejer keer #eceleeDeesb kegMeue Fmlesceeue kejles ngS ieenkeeW kees yesnlej mesJee eoeve kejvee nw. yeQke kes heeme 39,385 me#ece SJeb DeleefOeke meceefhe&le kece&eejer nQ efpevneWves yeQke kes efJeMeeue JeeJemeeefeke heefjeeueve kees mebYeeue jKee nw. Je<e& 2010-11 kes oewjeve yeQke eje ceeveJe mebmeeOeve kes mebyebOe ceW keer ieF& henueeW kee yeewje veeres efoee ieee nw :
eer Sce.[er. ceuee, DeOe#e SJeb eyebOe efveosMeke eje YeeJeer vesle=lJe eoeleeDeeW kes efueS Jeeheke vesle=lJe efJekeeme keee&ece G[eve kee GodIeeve
vesle=lJe leweej kejvee nw. Fmekes lenle meYeer Menjer SJeb ceneveiejere MeeKeeDeesb kes MeeKee ecegKeeW leLee meYeer meneeke ceneeyebOekeeW SJeb Ghe ceneeyebOekeeW kees Meeefceue efkeee ieee nw. vesle=lJe efJekeeme kee en Jeeheke SJeb efJemle=le eeeme Geesie peiele ceW Devet"e SJeb Yeejle kes je<êreke=le yeQkeeW ceW Fme lejn kee henuee nw.
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2010 -11
Yeleer& DeefYeeeve
yewke ceW ceeveJe Meefe keer DeeJeMekelee kees Oeeve ceW jKeles ngS Deveske Yeleer& DeefYeeeve eueeS ieS. meeceeve mesJeeefveJe=efeeeW SJeb JeeJemeeefeke Je=ef mebyebOeer yeQke keer pejleeW kees Oeeve ceW jKeles ngS ke=ef<e DeefOekeeefjeeW, heefjJeer#ee DeefOekeeefjeeW leLee eefleef<"le efyepevesme mketueeW kes keQheme mes meerOes egJee SceyeerS keer Yeleer& keer keej&JeeF& DeejbYe keer ieF&. yeQke ves efJeefYevve esefCeeeW/JesleveceeveeW ceW 1871 DeefOekeejer (meeceeve SJeb efJeMes<e%e oesvees), 1131 efueefheke leLee 632 DeOeervemLe meHe meome DeLee&led Je<e& 2010-11 kes oewjeve yeQke ceW kegue 3634 veS kece&eejer Yeleer& efkees. Yeleer& keer eefeee Je<e& 2011-12 kes oewjeve Yeer peejer jnsieer keeeWefke 2000 DeefOekeeefjeeW kes heo SJeb 2000 efueefhekeeW kes heo Yejves mebyebOeer efJeefYevve Yeleer& heefjeespeveeSb keeee&Oeerve nQ.
efJekeeme SJeb keueeCe kes mebyebOe ceW efkees ieS cenlJehetCe& eeemeeW kee veeres GuuesKe efkeee ieee nw.
jespeieej ceW Deej#eCe

yeQke DeefKeue Yeejleere SJeb mLeeveere Yeefle&eeW kes mebyebOe ceW Yeejle mejkeej kes veewkeefjeeW ceW Deej#eCe mebyebOeer efveOee&efjle meYeer efoMeeefveoxMeeW kee Devegheeueve kejlee nw. DeefKeue Yeejleere Yeefle&eeW ceW Sme meer kes efueS ueieYeie 15% SJeb Smeer kes efueS 7.5% heo Deejef#ele nesles nQ. #es$eere DeeOeej hej keer peeves Jeeueer Yeefle&eeW ceW efJeefYevve jepeeW kes efueS efveOee&efjle eefleMele kee Devegheeueve efkeee peelee nw. yeQke keer Yeleer& kes mebyebOe ceW Devegmetefele peeefle/pevepeeefle kes DeeJeoskeeW kes efueS Yeleer& GvcegKe hetJe& eefMe#eCe pewmes efJeMes<e eeeme yeQke eje efkees peeles nQ. Deeeg meercee Deewj Den&lee ceW efJeMes<e t oer peeleer nw Deewj Deveg.peeefle/pevepeeefleeeW kes GcceeroJeejeW kes mee#eelkeej efjeeeleer ceevekeeW kes DeeOeej hej efueS peeles nQ leeefke Deejef#ele heoeW hej GcceeroJeejeW keer Yeleer& megefveefele keer pee mekes. Yeleer& kes efueS mee#eelkeej hewveue ceW DeefveJeee&le: Ske meome Deveg.peeefle/pevepeeefleeeW kee neslee nw. mee#eelkeej kes efueS yegueeS peevesJeeues Deveg.peeefle/pevepeeefleeeW kes GcceeroJeejeW kees ee$ee Keees keer eeflehetefle& keer peeleer nw. heoeW ceW Deej#eCe kes DeueeJee, eeefuele ceeie&efveoxMeeW kes Devegmeej yeQke Deveg.peeefle/pevepeeefleeeW kece&eeefjeeW kees kewefjej efJekeeme Je heoesvveefleeeW ceW Deej#eCe Deewj Deve ekeej mes meneeke Gheee GheueyOe kejelee nw. heoesvveefle eefeee kes hetJe& heoesvveefle hetJe& eefMe#eCe Yeer efoee peelee nw. yeQke kes GheueyOe DeeJeemeeW ceW mes ueieYeie 10% Deveg.peeefle/ pevepeeefleeeW kes GcceeroJeejeW kes efueS Deejef#ele efkees peeles nQ. 31 ceee& 2011 keer efmLeefle kes Devegmeej Deveg.peeefle Deewj Deveg. pevepeeefleeeW kes meomeeW keer meHe mebKee Deewj eefleefveefOelJe efvecveevegmeej nw : esCeer kegue Deveg.peeefle Deveg.peeefle
%
kewefjej eieefle mebyebOeer mebjevee

leerJe kewefjej efJekeeme kes mebyebOe ceW kece&eeefjeeW keer ye{leer ngF& cenlJeekeeb#ee kees hetje kejves kes efueS meceer#eeOeerve Je<e& kes oewjeve efJeMes<e eeeme efkees ieS leeefke kece&eeefjeeW kees Ge keee&efve<heeove nsleg eeslmeeefnle efkeee pee mekes. Fmes Oeeve ceW jKeles ngS Je<e& 2010-11 kes oewjeve, ye[er mebKee ceW heoesvveefle keer ieF, efpemekee yeewje Fme ekeej nw: DeOeervemLe meHe mes efueefheke efueefheke mes DeefOekeejer kee- I mes cee -II ( DeefOekeejer mes eyebOeke) cee- II mes cee -III ( eyebOeke mes Jeefj<" eyebOeke) cee- III mes Jee -IV (Jeefj<" eyebOeke mes cegKe eyebOeke) Jee-IVmes Jee-V (cegKe eyebOeke mes meneeke ceneeyebOeke) Jee-V mes Gkeees - VI (meneeke ceneeyebOeke mes Ghe ceneeyebOeke) Gkeees- VI mes Gkeees -VII (Ghe ceneeyebOeke mes ceneeyebOeke) 302 519 1001 971 240 70 33 15
Deveg. Deveg. pevepeeefle pevepeeefle

%
DeefOekeejer efueefheke DeOeervemLe meHe kegue
15,759 15,628 7,998 39,385
2,743 2,317 2,834 7,894
17.41 14.83 35.43 20.04
1,024 943 724 2,691
6.50 6.03 9.05 6.83
ceeveJe mebmeeOeve veerefleeeW SJeb eCeeefueeeW keer meceer#ee

kece&eejer Devegketue efveeceeW, eefeeeDeesb kees Deemeeve yeveeves leLee DeefOeke heejoefMe&lee ueeves keer ef< mes Je<e& 2010-11 kes oewjeve meYeer cenlJehetCe& ceeveJe mebmeeOeve veerefleeeW SJeb eCeeefueeeW keer meceer#ee keer ieF& .
Deveg.peeefle / Deveg.pevepeeefle ke#e

yeQke kes Deveg.peeefle/Deveg.pevepeeefle kes kece&eeefjeeW kes efueS Deej#eCe leLee Deve meneeke eeJeOeeveeW kes DevegeJele&ve kes efueS yeQke ceW efJeMes<e Deveg.peeefle/ Deveg.pevepeeefle ke#e mLeeefhele efkeee ieee nw. ceneeyebOeke esCeer kes keee&heeueke Deveg.peeefle/pevepeeefle kes kece&eeefjeeW kes efueS cegKe mebheke& DeefOekeejer kes leewj hej efveegkele efkees ieS nQ, pees Deveg.peeefle/Deveg.pevepeeefle kece&eeefjeeW mes mebye efJeefJeOe ceeie&efveoxMeeW kee Devegheeueve megefveefele kejles nQ. yeQke kes eleske Debeue ceW Deveg.peeefle/Deveg.pevepeeefle kes efueS mebheke& DeefOekeejer keer efveegefe keer ieF& nw, pees Gme Debeue kes Deveg.peeefle/Deveg. pevepeeefle kes kece&eeefjeeW meb mebyebefOele ceeceueeW leLee efMekeeeleeW kes efveheeve hej Oeeve osles nQ.
Smemeer/Smeer/ Deve efhe[s mecegoeeeW kes efJekeeme hej efJeMes<e Oeeve

yeQke meceepe kes Smemeer/Smeer/ Deve efhe[s mecegoeeeW mes mebye JeefkeleeeW kes mebJewOeeefveke megj#ee eeJeOeeveeW leLee Gvekes efJekeeme SJeb keueeCe kes meeceeefpeke GsMeeW kes eefle hetjer lejn meceefhe&le nw. mebhetCe& yeQefkebie Geesie ceW yeQke Gve egefveboe yeQkeeW ceW mes Ske nw peneb Smemeer SJeb Smeer kece&eeefjeeW keer mebKee meJee&efOeke nw, en Gvekes efJekeeme SJeb GlLeeve kes eefle yeQke keer Jeeveyelee kee eceeCe nw. yeQke eje Smemeer SJeb Smeer kece&eeefjeeW kes
Deveg.peeefle / Deveg. pevepeeefle keueeCe mebie"ve keer yew"keW

ele#e mebJeeo Deewj Deveg.peeefle / Deveg. pevepeeefle kes efueS Deej#eCe leLee Deve efJeMes<e eeJeOeeveeW keer meceer#ee keer ef mes yeQke Deheves kece&eeefjeeW kes
67
2010 -11
Deveg.peeefle/ Deveg. pevepeeefle keueeCe mebie"ve kes eefleefveefOeeeW keer yew"ke efleceener DeeOeej hej Deeeesefpele kejlee nw. Fme yew"ke ceW yeQke kes DeOe#e SJeb eyebOe efveosMeke Deewj cegKe mebheke& DeefOekeejer meefnle Jeefj<" keee&heeueke Yeeie uesles nQ.
Yeejle jlve yeeyeemeensye Deebyes[kej mceejke veeme

Deveg.peeefle/ Deveg. pevepeeefle kece&eeefjeeW Deewj Gvekes heefjJeej kes meomeeW kes efnle ceW keueeCekeejer ieefleefJeefOeeeW kes mebJeOe&ve kes efueS yeQke ves 1991 ceW Yeejle jlve yeeyeemeensye Deebyes[kej mceejke veeme keer mLeehevee keer. Deveg. peeefle/ Deveg. pevepeeefle kece&eeefjeeW kes yeeeW kees e$eJe=efe osves kes DeueeJee en veeme meeceeve he mes osMe kes ye[s MenjeW ceW Deveg.peeefle/ Deveg. pevepeeefle mecegoee kes pejlecebo e$eesb kees Yeer e$eJe=efe eoeve kejlee nw.
keee&veerefle kes Devegmeej 360 ef[ieer DeefYeeeve eueeee, efpemeceW Fueskeê@efveke, efeb, Dee@@ve ueeFve, DeeG Dee@@He nesce, Dee@@ve-ieeGb[ Deewj MeeKee kes Yeerlej keer ieefleefJeefOeeeb Meeefceue LeeR. Fve meyeves efceuekej meMekele Jewkeefuheke ef[ueerJejer ewveume kes meeLe eJeefle&le yeQke kes efjsue GlheeoeW (yeele yeQke/eeuet Keelee/ efjsue $e+Ce) kee Gheeesie kejles ngS ieenke mebKee ceW ye{eslejer ueeves kes yeQke kes DeefYeeeve kees ieefle oer. vees efjFvHeesme&ceW DeefYeeeve keer hejsKee mebhes<eCe kes efJeefJeOe ceeOeceeW kee Gheeesie kejles ngS veJeesvces<eer lejerkes mes yeveeF& ieF& Leer, efpemeceW JeemleefJeke peerJeve kee DeeYeeme osvesJeeueer Yeebefle Yeebefle keer Sefvecess[ JeefejsKeeSb Meeefceue LeeR, efpevnW jsKeebkeveeW Deewj efe$ehe emlegefleeeW kes ceeOece mes DeefYeJekele efkeee ieee Lee. yeQke ves cenmetme efkeee efke GlheeoeW Deewj mebleg< ieenkeeW keer Deece HeesesieeefHeke keuheveeDeesb mes yeenj Deevee pejer nes ieee nw. yeQke ves eebeflekeejer, Deeke<e&ke Me eYeeJe kes meeLe efmkecesve keer efJe kees Deheveeee, efpemes yeQke kes efnleeefOekeeefjeeW ves mJeerke=efle oer Deewj efJe%eeheve leLee yeQefkebie Geesie ceW Fmes Ketye mejene ieee. Jeeefhle, eYeeJe Deewj Meceelee kes meboYe& ceW Fme DeefYeeeve keer meHeuelee kees efJeefJeOe ue#e mecegoeeeW mes efceueves Jeeues Heer[yewke mes Deebkee pee mekelee nw.
Devegmetefele peeefleeeW kes efueS je<êre Deeeesie kee oewje

Devegmetefele peeefleeeW kes efueS je<êre Deeeesie ves efo. 17 ceee& 2011 kees yeQke kee oewje efkeee, eee& leLee efJeeej efJeceMe& kes meeLe veerefleeeW Deewj keee&eceeW kes keeee&vJeeve kes mlej keer peebe keer. Deeeesie eje efoS ieS megPeeJe Deewj ceeie&efveoxMeeW kee yeQke ke"esjlee mes Devegheeueve kej jne nw.
ceekexefbie
Je<e& 2010-11 kes oewjeve yeQke kee cegKe Oeeve ceekexefbie mebheke& kes efueS veeeeye lejerkes keer Keespe hej keWefle Lee. mheOee&lceke JeeleeJejCe Deewj yengefJeOe mebosMeeW kes efiele efJeefYevve yeQkeeW kes efJe%eeheve Ske pewmes eleerle nesles nQ Deewj Fvekeer hejmhej mebyelee kees Deueie kej heevee cegefMkeue nes peelee nw. ke[er eeflemheOee& ces peerleves Deewj oMe&keeW kes ceve ceW peien heeves keer ef mes yeeb[ Jesuet ceW Je=ef ueevee Deewj Gmekes eje Heeru[ meHe kees mebhetCe& mebyeue eoeve kejvee yeQke kes ceekexefbie mebJeeo kee cegKe Oese jne.
Glheeo meceLe&ve
Je<e& 2010-11 kes oewjeve efjsue $e+Ce, eeuet peceejeefMeeeb, yeele peceejeefMeeeb, SmeSceF& Glheeo, SveDeejDeeF& Glheeo Deewj mJeCe&cegeDeesb keer efyeeer kees ye{eJee osves kes efueS Deveske Glheeo mebJeOe&ve DeefYeeeve Deeeesefpele efkees ieS. Heeru[ ceW keece kejvesJeeueer FkeeFeeW kes efyeeer kes eeemeeW kees meceLe&ve osves kes efueS meYeer ceeOeceeW (efeb, Fueskeê@efveke Deewj DeeG Dee@@He nesce ceeOece) kee efceuee-peguee Gheeesie efkeee ieee. MeeKee kes Yeerlej yewvej, heesmme&, ueerHeuesdme eoefMe&le kej Deewj peceerveer mlej hej mebJeOe&ve ieefleefJeOeeeW kes ceeOece mes Gvekes eeemeeW kees meceLe&ve efoee ieee.
efyeeer hej efJeMes<e Oeeve

DeOe#e SJeb eyebOe efveosMeke, eer Sce.[er. ceuee ye[ewoe-veskem efjFvHeesme&ceW DeefYeeeve-~~ kee MegYeejbYe kejles ngS
efjsue ueesve Hewkeêr Deewj SmeSceF& ueesve Hewkeêr kes meeLe meeLe efmeer mesume Dee@@efHeme (meerSmeDees) kee keee& GlheeoeW keer efJeefJeOe esefCeeeW kes lenle efyeeer kee keee&efve<heeove yesnlej yeveeves ceW MeeKeeDeesb kes eeemeeW ceW meneelee osvee Lee. 31 ceee& 2011 kees osMeYej ceW kegue 26 meerSmeDees keee&jle nQ.
yeeb[ Jesuet ye{evee

Je<e& 2010-11 keer efJeMes<elee hegve: eJele&ve DeefYeeeve DeLee&led efjFvHeesme&ceW DeefYeeeve efpemeceW yeQke kes henues mes mJeerke=le meye-yeeb[ /ye[ewoe veskem - ms Dee@@He o Dee&, ms ee@ce o ne&/ kee Gheeesie efkeee ieee. Fme DeefYeeeve kes oes GsMe Les, eYeeJeer meghego&ieer Deewj hengbe kes efueS meg{ skevee@uee@peer yegefveeeoer JeJemLee kes meeLe hegve: eJeefle&le yeQke kes GlheeoeW Deewj mesJee Deewj GlheeoeW kees yeepeej ceW hegve: eeeefjle kejvee Deewj ye[ewoe veskem kee efJemleej egJee Deewj skevee@uee@peeregkele heer{er kees Meeefceue kejves kes efueS kejvee. yeQke ves Deheveer
ceekexefbie kes Deve eeeme

ceekexefbie eYeeie eje efkees ieS efJeefYevve eeemeeW keer Jepen mes yeQke keer yesnlej GheefmLeefle, efJe, eefle<"e Deewj meeKe ceW heee&hle Je=ef ngF&. yeQke ves Deveske mebJeOe&vekeejer Deeeespeve efkees Deewj FveceW Yeeie efueee. yeQke kes yeeb[ kes efJemleej ceW keg ecegKe Deeeespeve nQ : eJeemeer Yeejleere - veF& efouueer, Jeeeyeb iegpejele meefce 2011, cegbyeF& cewjeLeve, heesuees tvee&ceW, Je[esoje cewjeLeeve, efceb, Jeeef<e&ke yeQefkebie meccesueve - yeQefkebie Sb[ efyeeeb[ - vet ewueWpesme Hesefmebie Fbef[eve efHeveeefvMeeue efmemce efvejblej ieenkeeW kes meeceves jnves kes efueS DeeG Dee@@He nesce ceeref[ee kee Yeer Yejhetj Gheeesie efkeee ieee.
68
2010 -11
ueerke mes nkej meesevee

jerFvHeHeesme&ceW DeefYeeeve II keer meneelee kes efueS JesyemeeF yeveeves keer veJeesvces<eer keuhevee kees yeQke ves keeee&efvJele efkeee. DeefYeeeve kee GsMe Jewkeefuheke ef[ueerJejer ewvesume kes Gheeesie kees ye{eJee osvee Lee, efpeveceW Fbjves yeQefkebie Deewj SerSce Deeles nQ. Fmeerkes meeLe yeQke Deheves Deehe kees skevee@uee@peer mecheVe yeQke kes he ceW mLeeefhele kej mekee. Deye Fme ceeOece kee Gheeesie efvejblej he mes efjsue $e+Ce DeefYeeeve Deewj yeele Keelee DeefYeeeve kes lenle ueer[ pevejsMeve kes efueS efkeee pee jne nw. Sefvecess[ efmkecewve keer efJe Oeerjs Oeerjs eYeeJeer yeveleer ieF& Deewj yeQke kes Deebleefjke leLee yeenjer efnleOeejkeeW keer hemebo hej Kejer Glejer, keeeWefke yeQefkebie #es$e ceW en keuhevee Devet"er Leer.
[e@. S. heer. pes. Deyogue keueece kes neLeeW eoeve efkeee ieee. kevpetcej meghej ye[me hegjmkeej - Yeejle kes Meer<e&mLe meghej ye[ ceW mes bw bw Ske nesves kes efueS - kevpetcej meghej ye[me Jee@uetce 3 - peveJejer 2010 bw [erSmeDeeF&pes heerSmeet hegjmkeej - es<" keee&eve<heeove Deewj meeJe&peefveke f #es$e kes yeQkeeW eje Yeejleere DeLe&JeJemLee ceW es<" eesieoeve kes efueS oueeue mê FvJesmceW peve&ue - 6 Deewue 2010 r owefveke Yeemkej ieghe ([erSveS) eje efmeuJej hegjmkeej - SvegDeue Fbef[ee eeF[ SJee[& 2010 kes lenle efyepevesme Fbe[ee - yesm yeQke hegjmkeej 2010 - 5 Dekeletyej 2010 f vesMeveue hegjmkeej 2010 -eOeeveceb$eer jespeieej me=peve keee&ece kes lenle Keeoer Je ieeceeseesie kesvere #es$e ceW Glke=< keee& kes efueS yeQke Dee@@He o Fej 2010 (Yeejle kes efueS) - yeQkej cewie]peerve etkes uebove eje SyeermeerDeeF&-efmeuJej- kee@heexjs meeceeefpeke eefleyelee mlebYe (yee@yecew$eer) SyeermeerDeeF& - efmeuJej - efYee<eer ekeeMeve (yee@yecew$eer) SyeermeerDeeF& - efmeuJej - Yeejleere Yee<ee ekeeMeve - De#eeced ceeF SHeSce meme& Dee@@He o Fb[mêr yeeb[ ueer[jefMehe hegjmkeej 2010
yeQke Dee@@]He ye[ewoe kees hegjmkeej Deewj Geesie peiele ceW ceevelee
heefjmej efj-Fbpeerefveeefjbie Deewj heefjJesMe megOeej

Je<e& 2010-11 kes oewjeve yeQke ves yeeve keguee& keecheueskeme, cegbyeF& efmLele Deheves otmejs YeJeve ceW keee& kejvee Meg efkeee. Fme heefjmej kees ye[ewoe meve eJej veece efoee ieee nw efpemes veJeervelece lekeveerke Deewj eCeeefueeeW mes efveefce&le efkeee ieee nw Deewj FmeceW Tpee& efkeHeeeleer GhekejCe ueies nQ. Je<e& kes oewjeve Fme veS heefjmej ceW keg Deve meneeke efJeYeeieeW kes meeLe-meeLe ^spejer heefjeeueve, heefjeespevee keeee&uee, [ee mesvj, F&-efye]pevesme Deewj yeerheerDeej pewmes efJeefYevve cenlJehetCe& efJeYeeieeW kees mLeeveevleefjle efkeee ieee. Fmekes DeueeJee ueKeveT Debeue keeee&uee heefjmej kees yeQke kes Gej eosMe GejeKeC[ Debeue kees meeQhee ieee. Debeue keeee&uee (etheeret), #es$eere keeee&uee (ueKeveT) Deewj Debeue efvejer#eCe kesv, ueKeveT ceF&/petve, 2010 ceW veS heefjmej ceW mLeeveevleefjle nes ieS.
ceeveveere eOeeveceb$eer [e@. ceveceesnve efmebn ves veF& efouueer ceW DeOe#e SJeb eyebOe efveosMeke eer Sce. [er. ceuee kees o yeQkej Dee@]He o Fej-2010 hegjmkeej eoeve efkeee.
yeQke kes efvejblej Glke=< Deewj meJeeieerCe keee&efve<heeove (JeJemeee Deewj efJeeere, oesveeW ner), es<" eyebOeve, Glke=<lee kes eefle efve<"e SJeb ieeceerCe DeLe&JeJemLee SJeb efJeeere meceeJesMeve ceW eesieoeve kes efueS Je<e& 2010-11 kes oewjeve yeQke kees Deveske hegjmkeejeW mes mecceeefvele ieee. Je<e& 2010-11 kes oewjeve yeQke kees eehle keg cegKe hegjmkeejeW kee efJeJejCe Deeies os jns nQ : efyepevesme mQ[[& - yesm yeQkej hegjmkeej - veF& efouueer ceW eOeeveceb$eer ceeveveere [e@. ceveceesnve efmebn ves yeQke kes DeOe#e SJeb eyebOe efveosMeke kees eoeve efkeee. yesm SmeSceF& efyepevesme me& Dehe mkeerce hegjmkeej - 23 ceee& 2011 kees ogyeF& kes Sefcejsme eJeme& ceW Deeeesefpele yeQkej efce[ue F&m ee@[keme SJee[&me 2011 meceejesn ceW. mkee@e HeeFveeefvMeeue Fbkeuegpeve hegjmkeej - 2011 esefme[W Pegcee hegjmkeej - oef#eCe Deeerkee keer eieefle ceW Glke=< eesieoeve kes efueS - 9 peveJejer 2011 kees [jyeve ceW DeeF&yeerS- yeQefkebie skevee@uee@peer hegjmkeej 2011 - jvej Dehe hegjmkeej
et.heer.et. Debeue, ueKeveT kee veJeefveefce&le YeJeve
69
2010 -11
Fmeer ekeej hevleveiej ceW ye[ewoe mJejespeieej efJekeeme mebmLeeve (yeerSmeJeerSme) kes efueS yeveeS peeves Jeeues heefjmej kee efvecee&Ce keee& hetje nes ieee efpemes Gej eosMe Debeue kees meeQhee ieee. efJeMJekecee& Deeweesefieke #es$e (JeerkesDeeF&) peehegj ceW MeeKee keeee&uee Deewj kejWmeer esm heefjmej kee efvecee&Ce keee& Yeer hetje efkeee ieee Deewj Fmes yeQke kes jepemLeeve Debeue kees meeQhee ieee. meeLe ner Je[esoje ceW 1000 mes DeefOeke ueesieeW keer yew"ves keer #ecelee Jeeues Dee[eresefjece kee efvecee&Ce keee& ueieYeie hetje nes ieee nw Deewj Fmekee keypee eceeCe he$e uesves mebyebOeer DeewheeeefjkeleeSb eefeeeOeerve nQ. Je<e& 2010-11 kes oewjeve yeQke eje cegbyeF& ceW hetJe&Jeleea cesceve kees-Dee@@hejsefJe yeQke efue. keer ueieYeie 15 MeeKeeDeesb keer hegveme&ppee/veJeerveerkejCe kee keee& hetje efkeee ieee leeefke GvnW cegbyeF& ceW yeQke keer MeeKeeDeesb kes meceke#e ueeee pee mekes. meceer#eeOeerve Je<e& kes oewjeve veJeerveerkejCe nsleg DebeueeW eje mJeerke=le Ghejeskele MeeKeeDeesb kes Deefleefjkele mebheoe eyebOeve efJeYeeie eje 120 MeeKeeDeesb keer meepemeppee/veJeerveerkejCe keer mJeerke=efle oer ieF&.
peceMesohegj ceW eMeemeefveke keeee&uee Deewj DeeJeemeere kee@cheueskeme kee keee& eue jne nw.
mebheoe eyebOeve kes efueS YeeJeer eespeveeSb

cegbyeF& ceW mLeeveebleefjle DeefOekeeefjeeW kees efjneeMeer DeeJeeme GheueyOe kejJeeves Deewj mebheefeeeW kes hegveefJe&keeme mes mebyebefOele jepe mejkeej keer veerefle kee ueeYe G"eves keer ef mes yeQke ves Yeeb[the meHe keJee&me& YeJeve kees hegveefJe&keefmele kejves Deewj 200 HeueweW kee efvecee&Ce kejves kee efveCe&e efueee nw Deewj meeLe ner peerCe&-MeerCe& peesiesMJejer meHe keJee&me& kes efueS hegveefJe&keeme eefeee Meg keer ieeer nw leeefke Fme hej DeeJeemeere Deewj JeeJemeeefeke GsMe kes efueS YeJeve kee efvecee&Ce efkeee pee mekes. ieebOeerveiej ceW yeQke Dee@@]He ye[ewoe metevee eeweesefiekeer mebmLeeve (yeerDeesyeerDeeF&DeeF&er) kesv kee veJeerveerkejCe keee& Yeer emleeefJele nw leeefke Fme kesv hej GheueyOe mLeeve kee DeefOekelece Gheeesie efkeee pee mekes.. cegbyeF& cegKe keeee&uee (SceSceDees) kes veJeerveerkejCe Deewj Fmes Deeke<e&ke yeveeves kee keee& Yeer mebmeo ceeie& MeeKee heefjmej, veF& efouueer kees Deeke<e&ke yeveeves mebyebOeer keee& kes meeLemeeLe Meg nes ieee nw. eMeemeefveke keeee&ueeeW kees yeQke kes mJeeb kes heefjmejeW ceW ues peeves keer yeQke keer veerefle kes Devegmeej yeQke ves peehegj Deewj Fboewj ceW JeeJemeeefeke YeJeve kes efvecee&Ce nsleg peceerve kes huee Kejeros nQ. yeQke ves JeeJemeeefeke GsMe kes efueS eermeie{ jepe kes vet jeehegj ceW peceerve kee Ske huee eehle kejves keer eefeee Yeer Meg keer nw. Ske oMeke DeLeJee DeefOeke mecee keer YeeJeer pejleeW kees hetje kejves kes GsMe mes ueieYeie 10 Je<e& henues yeermeermeer, cegbyeF& ves keee& kejvee Meg efkeee Lee. Deye yeermeermeer ceW yew"ves keer JeJemLee Deewj ues-DeeG kees efHej mes ef[]peeFve kejvee DeeJeMeke nes ieee nw leeefke Fme YeJeve kes meYeer efJeYeeieeW ceW ye{er ngF& meHe mebKee kes JeJeefmLele he mes yew"ves keer JeJemLee keer pee mekes. meeLe ner, yeermeermeer, cegbyeF& kes Ge eyebOeve kes efueS efveOee&efjle leueeW Deewj Yet-leue kees megOeejves hej Yeer efJeeej kejvee DeeJeMeke nes ieee nw leeefke Yeejle kes Deblej&e<êre yeQke kes he ceW yeQke keer yeeb[ efJe ceW F]peeHee efkeee pee mekes.
mebheoe eyebOeve efJeYeeie keer Deve henueW

Tpee& yeeeves Deewj Kee& kees kece kejves kes efueS eeweesefiekeer kee meJeexece Gheeesie kejves kes Deheves efmeevle kes Deveghe yeQke ves yeeve keguee& keecheueskeme (yeerkesmeer), cegbyeF& efmLele ye[ewoe meve eJej (yeermeerer) heefjmej ceW nerefbie JeWeruesMeve Deewj Sej keb[erMeefvebie ((SeJeerSmeer) efmemce keer Sej nQ[efuebie etefveeW ceW Jesefjesyeue Sej Jee@uetce (JeerSJeer) eeweesefiekeer Deewj nJee meblegueve eCeeueer mLeeefhele keer nw. yeeve keguee& keecheueskeme (yeerkesmeer), cegbyeF& efmLele ye[ewoe keeheexjs meWj (yeermeermeer) ceW meerJej kes heeveer kees Ske meerJejspe êrceW hueeb (Smeerheer) kes ceeOece mes efvekeeuee peelee nw Deewj keF& ueerj meeHe heeveer kees yeeieJeeveer Deeefo pewmes Jewkeefuheke eeesie kes efueS jKee peelee nw. yeermeermeer Deewj yeerSmeer keer keQerve ceW yeQke ves efyepeueer Tpee& DeeOeeefjle kegefkebie eCeeueer kes mLeeve hej iewme DeeOeeefjle kegefkebie eCeeueer keer MegDeele keer nw Deewj keeHeer cee$ee ceW efyepeueer Tpee& keer yeele keer nw. Fmeer ekeej yeermeermeer kes efJeefYevve veueeW mes heeveer kes yeneJe kees ceeveerj kejkes Fmekes eeesie kees vetvelece DeeJeMekelee leke meerefcele efkeee peelee nw. Fme ekeej eefleefove keeHeer cee$ee ceW meeHe Gheeesieer heeveer keer yeele keer peeleer nw. efyepeueer kes Keees keer yeele kes efueS yeQke ves ye[ewoe meve eJej, yeerkesmeer cegbyeF& kes meYeer leueeW hej ueeF meWmej, meesuej ueeFefbie leLee efJeb[ efceue ueieees ieS nQ. cegbyeF& ceW meYeer keeheexjs keeee&ueeeW ceW efyepeueer mes mebyebefOele uesKee hejer#eCe keer eefeee Yeer Meg keer ieF& nw leeefke efyepeueer keer DeefOekelece yeele keer pee mekes.
MeeKee vesJeke&
31 ceee&, 2011 kees yeQefkebie mesJeeSb eoeve kejves Jeeues hejchejeiele ewveueeW kee efJeJejCe veeres efoee ieee nw. es ewveue (kesv) Menjer skevees mesJeer ueesieeW eje meeceevele: DeheveeS peeves Jeeues F&-yeQefkebie ewveueeW keer leguevee ceW ieenkeeW kees Jeefeiele mesJeeSb eoeve kej jns nQ. #es$e Jeieer&kejCe (Yeejle) ceneveiejere Menjer DeOe& Menjer ieeceerCe kegue efJeosMeer MeeKeeDeesb keer mebKee 730 631 832 1,171 3,364 54 kegue MeeKeeDeesb ceW eefleMele efnmmesoejer 22 19 24 35 100 --
keeee&vJeeve kes lenle heefjeespeveeSb

Debeue keeee&uee Deewj Ske MeeKee kes efueS ceFueehegj, esvvew ceW JeeJemeeefeke kee@cheueskeme kee efvecee&Ce keee& Debeflece ejCe ceW hengbe ieee nw. mesveese@he jes[, esvvew ceW keee&heeuekeeW Deewj DeefOekeeefjeeW kes efueS 29 HeueweW kes DeeJeemeere kee@cheueskeme kee efvecee&Ce keee& eue jne nw. pevekehegjer Deewj F&m Dee@@He kewueeMe, veF& efouueer ceW DeeJeemeere kee@cheueskeme kee efvecee&Ce keee& Meg nes ieee nw. Iees[ oew[ jes[, metjle ceW eMeemeefveke keeee&uee Deewj DeeJeemeere kee@cheueskeme Yeer hetje nesves kes Debeflece ejCe ceW Dee iees nQ.
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2010 -11
Iejsuet Deveg<ebefieeeb Deewj meneesieer kebheefveeeb

Je<e& 2010-11 kes oewjeve yeQke Dee@@]He ye[ewoe keer Deveg<ebefieeeW, mebegkele GeceeW Deewj meneesieer kebheefveeeW kee keee&efve<heeove meblees<epeveke Deewj Dehes#ee kes Deveghe jne. yee@yekee[&med efueefces[ ves iegCeelceke megOeej ope& kejles ngS meceer#eeOeerve DeJeefOe kes oewjeve ueeYe keceeee. Ske mebegkele Gece esef[ kee[& JeJemeee ieef"le kejves kes efueS yeQke Dee@@]He ye[ewoe yee@yekee[&med efueefces[ Deewj yeeryeerJeerS (yeQkees efyeueyeeDees efJepekeeee Depese&efjee), peesefke Ske DeieCeer Deblej&e<êre yeQke nw Deewj efpemekee cegKeeuee cewef[^[ ceW nw, eje efoveebke 15 efomecyej, 2010 kees Ske mecePeewlee %eeheve hej nmlee#ej efkees ieS. efJeefveeeceke Devegceesove efceueves hej Fve kebheefveeeW kes yeere ngS kejej mes yeeryeerJeerS kees yeQke Dee@@]He ye[ewoe keer Jele&ceeve esef[ kee[& Deveg<ebieer ceW 51.00% efnmmesoejer eehle kejves keer Devegceefle nesieer. mebmLee (hebpeerkejCe keer leejerKe kes meeLe) yee@ye kewefheue ceekex efue., 11 ceee&, 1996 yee@yekee[d&me efue., 29 efmelebyej, 1994 SmeesefmeS ye[ewoe heeeesefveej Smes cewvespeceW kebheveer efue., 5 veJebyej, 1992 Fbef[eeHem& ueeFHe FbMeesjWme kebheveer efue., 19 petve, 2008 vewveerleeue yeQke efue., 31 pegueeF&, 1922 osMe Yeejle Yeejle Yeejle
4,933.81 7,362.97 -1,538.37
mJeeefOeke=le kegue efveefOeeeb Deeefmleeeb

12,257.34 11,343.65 13,076.38
Meg ueeYe
406.30
(.ueeKe ceW) DeefOekeejer meHe

1 34 27 117
19,070.11 1,026.91
59
Yeejle
33,826.93 1,68,079.07 -6,475.25 13 1,181
Yeejle
32,298.84 3,29,206.83 4,568.76
101
816
jepeYee<ee veerefle kee keeee&vJeeve

efJeeere Je<e& 2010-11 kes oewjeve yeQke ves jepeYee<ee efnboer kes eeesie kes eeejemeej ceW GuuesKeveere eieefle keer Deesj jepeYee<ee DeefOeefveece/jepeYee<ee efveece kes lenle efJeefYevve meebefJeefOeke DeeJeMekeleeDeesb kee Devegheeueve megefveefele efkeee. yeQke ves Yeejle mejkeej eje Jeeef<e&ke keee&ece kes lenle efveOee&efjle meYeer ecegKe ue#eeW kees eehle efkeee. yeQke kes Glke=< keee&efve<heeove keer efJeefYevve mlejeW hej mejenvee ngF&.
yeQke Dee@]He ye[ewoe, yee@yekee[d&me efueefces[ leLee yeeryeerJeerS, cesef[^[, mhesve eje pesJeer esef[ kee[& JeJemeee mecePeewlee kejej hej nmlee#ej
yee@ye ke@efheue ceekex efue. kees Ske JeeJemeeefeke meerF&Dees keer efveegefe Deewj JeeJemeeefeke erce keer Yeleer& eje meg{ efkeee ieee nw. cegKe Oeeve $e+Ce mecetnve, efvepeer FefkeJeer mecetnve Deewj ceekexefbie efeeekeueeheeW hej nesiee. kebheveer ves Dekeletyej, 2009 ceW mebmLeeiele yeesefkebie JeJemeee Meg efkeee Lee Deewj Deye en MeerIe ner efjsue yeesefkebie JeJemeee Meg kejsieer. ye[ewoe heeeesefveej Demes cewvepeceW kebheveer efue. Deheves heefjeeueve kes leermejs Je<e& ceW nw. Fme kebheveer ves Je<e& 2010-11 kes oewjeve ye[ewoe heeeesefveej Fveem^keej Heb[, ye[ewoe heeeesefveej Mee& ce& yeeb[ Heb[, ye[ewoe heeeesefveej heerSmeet FefkeJeer Heb[, ye[ewoe heeeesefveej SHeSceheer 90 [s]pe efmejer]pe 1 Deewj ye[ewoe heeeesefveej SHeSceheer 380 [s]pe efmejerpe 1 veeceke heebe vees GlheeoeW kee MegYeejbYe efkeee. Fbef[eeHem& ueeFHe FbMeesjsvme kebheveer efue., Ske mebegkele Gece kebheveer, kees osMe Yej ceW yeQke kes ieenkeeW mes GlmeenJeOe&ke eefleefeee efceueer efpemeves Fmes Deheves heefjeeueve kes henues meew efoveeW ceW 100 kejes[ . eerefceece mebienCe leke hengbeves Jeeueer meyemes lespe yeercee kebheveer yevee efoee. Fbef[ee Hem& Ske Ssmeer henueer kebheveer nw efpemeves Deheves heefjeeueve kes henues Je<e& ceW 202 kejes[ . kes vees JeJemeee eerefceece kees heej kej efueee nw. Je<e& 2010-11 ceW 703 kejes[ . kes vees JeJemeee Deewj Je<e& 2009-10 kes mee{s eej cenerveeW ceW 200 kejes[ . kes meeLe Fbef[ee Hem& ves 16 veJecyej, 2009 kees Deheves heefjeeueve keer MegDeele kes "erke 500 efove ceW 900 kejes[ . kes kegue vees JeJemeee Deebke[s kees heej kej efueee.
yeQke kes mebeespeve ceW peehegj leLee ye[ewoe ceW keee&jle veiej jepeYee<ee keeee&vJeeve meefceefleeeW ves Deheves GejoeefelJeeW kees yeKetyeer efveYeeee Deewj Deheves meome yeQkeeW kee eYeeJeMeeueer {bie mes ceeie&oMe&ve efkeee. Yeejle mejkeej ves Fve oesveeW meefceefleeeW kees Gvekes Glke=< keee&efve<heeove leLee keecekeepe nsleg eLece hegjmkeej eoeve efkeee. Fmekes Deefleefjkele Yeejle mejkeej keer jepeYee<ee veerefle kes keeee&vJeeve nsleg ie=n ceb$eeuee, jepeYee<ee efJeYeeie kes mebyebefOele #es$eere jepeYee<ee keeee&vJeeve keeee&uee mes nceejs Debeue keeee&uee, peehegj leLee veF& efouueer kees eLece hegjmkeej leLee Debeue keeee&uee, keesuekeelee kees efleere hegjmkeej eehle ngDee. yeQke jespeceje& kes yeQefkebie keee& JeJenej ceW efnboer kee eeesie ye{eves keer ef mes Deheves kece&eeefjeeW kes efueS efnboer DeeOeeefjle etefvekees[ Hee@b kebhetj eefMe#eCe keee&ece efheues oes Je<e& mes DeefOeke mecee mes meHeueleehetJe&ke Deeeesefpele kej jne nw. efJeeere Je<e& 2011 kes oewjeve yeQke ves osMeYej ceW efJeefYevve eMeemeefveke keeee&ueeeW ceW Deeeesefpele eefMe#eCe keee&eceeW kes Deefleefjkele Deheves keeheexjs keeee&uee ceW 550 mes DeefOeke kece&eeefjeeW kees efnboer etefvekees[ ceW eefMeef#ele efkeee. mebmeoere jepeYee<ee meefceefle keer leermejer Ghe meefceefle ves nceejer kemeewueer MeeKee, nceejs #es$eere keeee&uee, cesnmeeCee, Debeue keeee&uee, keesuekeelee leLee keeseece MeeKee (kesjue #es$e) kee oewje efkeee Deewj jepeYee<ee keeee&vJeeve kes #es$e ceW yeQke eje efkees ieS eeemeeW/keeees keer& mejenvee keer. yeQke kees Yeejleere efj]peJe& yeQke jepeYee<ee Meeru[ eefleeesefielee kes lenle Yeejleere efj]peJe& yeQke mes Yeeef<eke #es$e Ke ceW efleere hegjmkeej leLee Yeeef<eke #es$e ke ceW elegLe& hegjmkeej eehle ngDee.
71
2010 -11
kesvere mejkeej eje yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970 keer Oeeje 9(3)(F&) kes lenle efoveebke 1 ceF&, 2007 mes keeceieej kece&eejer efveosMeke kes he ceW efveegkele eer efceefuebo vee[keCeer& Dehevee mesJee-keeue hetje nesves hej efoveebke 1 ceF&, 2010 mes efveosMeke veneR jns nQ. kesvere mejkeej eje yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970 keer Oeeje 9 (3)(Se) kes lenle efoveebke 23 veJecyej, 2007 mes DebMekeeefueke iewj mejkeejer efveosMeke kes he ceW efveegkele eer Delegue DeieJeeue Dehevee mesJee-keeue hetje nesves hej efoveebke 23 veJecyej, 2010 mes efveosMeke veneR jns nQ. kesvere mejkeej eje yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970 keer Oeeje 9 (3)(SHe) kes lenle efoveebke 20 efomecyej, 2007 mes DeefOekeejer kece&eejer efveosMeke kes he ceW efveegkele eer jbpeerle kegceej epeer& Dehevee mesJee-keeue hetje nesves hej efoveebke 20 efomecyej, 2010 mes efveosMeke veneR jns nQ.
Yeejleere efj]peJe& yeQke kes ieJeve&j [e@. [er. megyyeejeJe mes DeejyeerDeeF& jepeYee<ee Meeru[ eefleeesefielee kes lenle hegjmkeej enCe kejles ngS keee&keejer efveosMeke eer Sve. Sme. eerveeLe
efveosMekeeW kee oeefelJe mebyebOeer DeefYekeLeve

efveosMeke Fme DeeMee keer hegef kejles nQ efke 31 ceee&, 2011 kees meceehle Je<e& kes efueS Jeeef<e&ke uesKee leweej kejles mecee: cenlJehetCe& efJemebieefleeeW, eefo keesF& nes, kes mecegefele mhe<erkejCe meefnle uesKee ceevekeeW kee hetCe&le: heeueve efkeee ieee nw. Yeejleere efj]peJe& yeQke kes efoMee-efveoxMeevegmeej leweej keer ieF& uesKee veerefleeeW kee efvejblej heeueve efkeee ieee nw. efJee Je<e& keer meceeefhle hej yeQke kes keee&keueeheeW keer efmLeefle leLee 31 ceee&, 2011 kees meceehle Je<e& kes efueS yeQke kes ueeYe keer JeemleefJeke SJeb megmhe< efmLeefle emlegle kejves keer ef mes leke&mebiele Deewj efJeJeskehetCe& efveCe&e SJeb Deekeueve efkees iees nQ. Yeejle ceW yeQkeeW hej ueeiet efveeceeW mebyebOeer eeJeOeeveeW kes Deveghe Gefele uesKeebkeve efjkee[& leweej jKeves kes efueS mecegefele SJeb heee&hle meeJeOeeveer yejleer ieF& nw, leLee uesKeeW kees Gejesej peerJevle (kebmeve&) DeeOeej hej leweej efkeee ieee nw.
yeQke keer efnboer ie=n heef$ekee De#eeced kees SyeermeerDeeF&, cegbyeF& mes Yeejleere Yee<ee ekeeMeve esCeer kes lenle efmeuJej hegjmkeej eehle ngDee. yeQke ves eeweesefiekeer kes ceeOece mes efnboer kee eeesie ye{eves keer ef mes ye[ewoe efnboer.kee@ce veeceke F&-yeguesefve kee MegYeejbYe efkeee. yeQke kee Ge eyebOeve jsef[ees leLee efJeefYeVe sueerefJepeve ewveueeW hej mee#eelkeej efnvoer ceW oslee nw leeefke efveJesMekeeW, efJeMues<ekeeW kes ye[s Jeie& leke hengbeves kes meeLe-meeLe efJeeere mee#ejlee kees ye{eJee efoee pee mekes.
efveosMeke ceb[ue
eer Depee ceeLegj kees kesvere mejkeej eje efoveebke 5 ceF&, 2010 mes DebMekeeefueke iewj mejkeejer efveosMeke kes he ceW yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece, 1970 / 1980 keer Oeeje 9 (3)(peer) kes lenle 3 Je<e& keer DeJeefOe kes efueS DeLeJee Deeieeceer DeeosMeeW leke, pees Yeer henues nes, efveegkele efkeee ieee nw. eer Deej.ieebOeer kees kesvere mejkeej eje efoveebke 30 pegueeF&, 2010 mes efveosMeke kes he ceW yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970/1980 keer Oeeje 9 (3)(meer) kes lenle Deeieeceer DeeosMeeW leke heo OeejCe kejves kes efueS veeefcele efkeee ieee Lee. GvnW eer meescemegbojce kes mLeeve hej, pees efoveebke 30 pegueeF&, 2010 mes efveosMeke veneR jns Les, Yeejleere efj]peJe& yeQke kes eefleefveefOe kes he ceW veeefcele efkeee ieee nw. eer meleosJe ef$ehee"er kees kesvere mejkeej eje efoveebke 31 Deiemle, 2010 mes DebMekeeefueke iewj mejkeejer efveosMeke kes he ceW yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970/1980 keer Oeeje 9 (3)(Se) SJeb (3-S) kes lenle leerve Je<e& keer DeJeefOe kes efueS DeLeJee Deeieeceer DeeosMeeW leke, pees Yeer henues nes, efveegkele efkeee ieee nw. eer Jeer.yeer.eJneCe kees kesvere mejkeej eje efoveebke 11 ceee&, 2011 mes DeefOekeejer kece&eejer efveosMeke kes he ceW yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970/ 1980 keer Oeeje 9 (3)(SHe) kes lenle leerve Je<e& keer DeJeefOe kes efueS DeLeJee Gvekes yeQke Dee@@]He ye[ewoe kes DeefOekeejer kes heo hej yeves jnves leke DeLeJee Deeieeceer DeeosMeeW leke pees Yeer henues nes, efveegkele efkeee ieee nw.
DeeYeej
efveosMekeieCe, Yeejle mejkeej, Yeejleere efj]peJe& yeQke, Yeejleere eefleYetefle SJeb efJeefvecee yees[&, Deve efJeefveeeceke eeefOekeeefjeeW, efJeefYevve efJeeere mebmLeeveeW, yeQkeeW leLee efJeosMeeW SJeb Yeejle efmLele eefleefveefOeeeW eje efoS iees ceeie&oMe&ve SJeb meneesie kes efueS Gvekes eefle DeeYeej eke kejles nQ. efveosMekeieCe, yeQke kes meYeer efnleOeejkeeW pewmes ieenke, MesejOeejke SJeb Yeejle leLee efJeosMeeW ceW jnvesJeeues MegYeefeblekeeW eje oer ieF& meneelee SJeb meneesie kes efueS Gvekes eefle DeeYeej eke kejles nQ. efveosMekeieCe, efJeefYeVe mlejeW hej mecye meHe meomeeW keer eefleyelee SJeb ke[er cesnvele keer mejenvee kejles nQ efpemekes keejCe yeQke kees DeeefLe&ke egveewefleeeW kes yeeJepeto Je<e&-oj-Je<e& Ge iegCeJeeehetCe& JeJemeee Deefpe&le kejves ceW meHeuelee neefmeue ngF& Deewj yeQke ves osMe kes DeeCeer yeQke kes he ceW Deheveer efmLeefle kees cepeyetle efkeee. efveosMeke ceb[ue kes efueS Deewj Gvekeer Deesj mes, Sce.[er. ceuee DeOe#e SJeb eyebOe efveosMeke
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keeHeexjs ieJeveXme efjHees& 2010-11

1.
Report on Corporate Governance 2010-11

ieJeveXme mebefnlee kes yeejs ceW yeQke kee oMe&ve yeQke, Glke=lee eeHle kejves nsleg mebmeeOeveeW kes Flece Gheeesie kes meeLe DeefOekelece heefleHeue eehle kejves leLee meYeer mlejeW hej keee&efve<heeove megefveeqele kejles ngS, MesejOeejkeeW kes efnleeW keer j#ee kejles ngS leLee Gvekes cetueeW ceW DeefYeJe=ef kes efueS Deheves melele heeeme peejer jKesiee. yeQke ve kesJeue meebefJeefOeke DeeJeMekeleeDeeW kee Devegheeueve kejsiee yeequke mJesehetJe&ke ke[er keeheexjs ieJeveXme heefleeeW kees efve<heeefole kejles ngS Gvekee heeueve Yeer kejsiee. yeQke Heleske #es$e ceW Glke=<lee neefmeue kejves kes efueS vewefleke cetueeW kes Ge ceevekeeW, HeejoefMe&lee leLee, DevegMeeefmele ef<keesCe DeHeveeves ceW efJeMJeeme jKelee nw. yeQke Glke=< Debleje&<êre ceeveoC[eW kes DevegHeeueve kes Heefle Yeer Heefleye nw. yeQke Deheves meYeer meePesoejeW, efpemeceW MesejOeejke, ieenke, mejkeej Deewj Jeeheke leewj hej pevelee Yeer Meeefceue nw, kees DeefOekelece ueeYe hengBeeves kes efueS meIeve heeeme kejlee jnsiee.
yeQke Ske meteerye efvekeee nw, pees Ske kecHeveer veneR nw, DeefHeleg yeQkekeejer kecHeveer (GHeeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970 DeLee&led yeQkekeejer kecHeveer Depe&ve DeefOeefveece kes lenle efvekeee keeHees&js nw leLee Yeejleere efj]peJe& yeQke eje efJeefveeefcele neslee nw, Dele: meke SkemeeWpees kes meeLe efkeS ieS meteereve kejej kes mebMeesefOele GHeKeC[ 49 kes eeJeOeeveeW kee Gme meercee leke Heeueve kejsiee, peneb leke yeQkekeejer kecHeveer GheeceeW kee Depe&ve Deewj DevlejCe) DeefOeefveece 1970 kes eeJeOeeveeW Deewj Fme mebyebOe ceW Yeejleere efj]peJe& yeQke eje peejer efoMeeefveoxMeeW kee GuuebIeve venerb neslee nw.
1. Banks Philosophy on Code of Governance The Bank shall continue its endeavour to enhance its shareholders 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, 2011 is as under:
2.
efveosMeke ceb[ue 2.1 efveosMeke ceb[ue kee mJehe

efveosMeke ceb[ue kee ie"ve yeQekE eie efJeefveece DeefOeefveece 1949, yeQekE eie kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece, 1970 eLee mebMeeseOele leLee f jeêeke=le yeQke (heyebOeve SJeb efJeefJeOe heeJeOeeve) eespevee 1970 (eLee r mebMeeseOele) kes heeJeOeeveeW eje Meeefmele neslee nw. f 31 ceee&, 2011 keer efmLeefle kes DevegHe efveosMeke ceb[ue kee mJeHe efvecveevegmeej nw.
Sr. No.
ece meb.
Name
veece
Position Held Oeeefjle yeQke Dee]@He GHe-meefceefleeeW keer kebHeefveeeW ceW efveosMeke kes GHe -meefceefleeeW ceW meomelee/ Directorship Chairmanship held No. of equity member shares of ship in Sub held in other in Sub Committees of the Board in the Bank Committees Companies i.e. held as on of the Bank Other than the Other Companies Bank. 31.03.2011
Heoveece
31.3.2011 kees
yeQke keer
yeQke kes DeueeJee Deve Deve kebHeefveeeW kes yees[& keer
DeOe#elee mebKee ye[ewoe kes MesejeW meomelee mebKee He ceW mesJeeSb mebKee No of Membership/ keer mebKee No. of No. of
Remarks (nature of appointment in the Bank / other Companies) (As on 31.03.2011)
efHHeefCeeeb (yeQke SJeb Deve kebHeefveeeW, efpeveceW Jes meome nQ, ceW efveegefkele kee mJeHe (31.03.2011 leke)
1 eer Sce. [er. ceuee Shri M. D. Mallya
DeOe#e SJeb HeyebOe efveosMeke (keee&heeueke)
Metve
Nil
Chairman and Managing Director (Executive)
yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece, 1970 keer Oeeje 9(3)(S) kes lenle keW mejkeej eje 07.05.2008 mes efveege. Jes 30.11.2012 leke DeLee&le Deheveer DeefOeJeef<e&le keer leejerKe leke DeLeJee Deeieeceer DeeosMeeW leke, FveceW mes pees Yeer henues nes, Deheves heo hej jnWies. Jes efvecveefueefKele efveosMeke ceb[ueeW kes Yeer efveosMeke nQ : (i) Yeejleere efveee&le Deeeele yeQke (ii) o vet Fbef[ee DeMegjWme keb.efueefces[
73
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ece meb.
Name
veece
Heoveece
31.3.2011 kees
yeQke keer
(iii) ke=ef<e efJee efveiece efueefces[ (iv) ye[ewoe heeeefveej Deeeqmle heyebOeve keb.efue. (v) Fbef[ee Hem&ueeFHe FbMeesjWme keb.efue. - DeOe#e (vi) yee@yekee[d&me efue. (vii) yeQke Dee@]He ye[ewoe (yeeslmJeevee) efue. (viii) yeQke Dee@]He ye[ewoe (vetpeerueQ[) efue.- DeOe#e (ix) yeQke Dee@]He ye[ewoe (etieeb[e efue.)
Jen efveosMeke ceb[ue keer uesKee hejer#ee meefceefle leLee eyebOeve meefceefle kes Yeer meome nQ. Jes Yeejleere efveee&le-Deeeele yeQke keer heeefjeefceke meefceefle kes meome nQ. meeLe ner Jes efo vet Fbef[ee SMeesjWme keb. efue. keer uesKee hejer#ee meefceefle, efveJesMe meefceefle leLee heeefjeefceke meefceefle kes Yeer meome nQ. Jes efvecveefueefKele ieJee\veie keeGefvmeueeW kes Yeer meome nQ :(i) jeêre yeQke heyebOeve mebmLeeve (SveDeeF&yeerSce) (ii) yeQefkebie keee|ceke eeve mebmLeeve (DeeF&yeerheerSme) (iii) Yeejleere yeQefkebie SJece efJee mebmLeeve (iv) GheeOe#e, Yeejleere yeQke mebIe (DeeF&yeerS) efoveebke 1.4.2011 mes DeOe#e (v) Yeejleere yeQke mebIe keer eyebOeve meefceefle kes meome (vi) Yeejleere yeQke mebIe keer peesefKece eyebOeve meefceefle kes DeOe#e
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) The New India Assurance Co. Ltd. (iii) Agricultural Finance Corpn. Ltd. (iv) Baroda Pioneer Asset Management Co. Ltd. (v) IndiaFirst Life Insurance Co. Ltd. - (Chairman) (vi) BOBCARDS Ltd. (vii) Bank of Baroda (Botswana) Ltd. (viii) Bank of Baroda (New Zealand) Ltd.- (Chairman) (ix) Bank of Baroda (Uganda) Ltd. He is also a member of the Audit Committee, Management Committee of the Board, Remuneration Committee of Export-Import Bank of India and a member of the Audit Committee, Investment Committee and Remuneration Committee of New India Assurance Co. Ltd. He is also a member of the Governing Council of : (i) National Institute of Bank Management (ii) Institute of Banking Personnel Selection (IBPS) (iii) Indian Institute of Banking & Finance (iv) Deputy Chairman, Indian Banks Association (IBA) Chairman w.e.f. 01.04.2011 (v) Member of Management Committee of IBA (vi) Chairman of Committee on Risk Management of IBA
74
2010 -11
Sr. No.
ece meb.
Name
veece
Heoveece
31.3.2011 kees
yeQke keer
2 eer jepeerJe kegceej ye#eer Shri Rajiv Kumar Bakshi
keee&keejer efveosMeke (keee&heeueke)

Executive Director (Executive)
50
yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece, 1970 keer Oeeje 9(3) (S) kes lenle keW mejkeej eje 06.11.2008 keer heYeeJeer leejerKe mes efveege. Jes 31.10.2012 leke DeLee&le Deheveer DeefOeJeef<e&lee keer leejerKe leke DeLeJee Deeieeceer DeeosMeeW leke, FveceW mes pees Yeer henues nes, Deheves heo hej jnWies. Jes efvecveefueefKele efveosMeke ceb[ueeW ceW Yeer efveosMeke nQ : (i) yeQke Dee@]He ye[ewoe (lebpeeefveee) efue. DeOe#e (ii) Fb[es peeeqcyeee yeQke efue. (iii) yeQke Dee@He ye[ewoe (kesvee) efue. - DeOe#e (iv) Fbef[ee Hem& ueeFHe FMeeWjbme keb. efue. (v) yee@ye kewefheue ceekex efue. - DeOe#e Jes yeQke Dee@]He ye[ewoe (lebpeeefveee) efue. keer uesKee hejer#ee meefceefle kes Yeer meome nQ Jen Fb[es peeefcyeee yeQke efue. keer $e+Ce meceer#ee meefceefle leLee uesKee hejer#ee meefceefle kes Yeer meome nQ. Jen Fbef[ee Hem& ueeFHe FbMeesjsvme keb. efue. keer hee@efuemeer Oeejke mebj#eCe meefceefle kes DeOe#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. (Chairman) (iv) IndiaFirst Life Insurance Co. Ltd. (v) BOB Capital Markets Ltd. (Chairman) He is also a 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 eer Sve. Sme. eerveeLe Shri N. S. Srinath
keee&keejer efveosMeke (keee&heeueke)

Executive Director (Executive)
Metve
Nil
yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece, 1970 keer Oeeje 9(3) (S) kes lenle keW mejkeej eje 7.12.2009 keer heYeeJeer leejerKe mes hetCe&keeefueke efveosMeke (keee&keejer efveosMeke kes he ceW) efveege. Jes 31.5.2012 leke DeLee&le Deheveer DeefOeJeef<e&lee keer Deeeg eehle kejves kes ceen keer Deefvlece leejerKe DeLeJee Deeieeceer DeeosMeeW leke, FveceW mes pees Yeer henues nes, Deheves heo hej jnWies. Jes efvecveefueefKele efveosMeke ceb[ueeW ceW Yeer efveosMeke nQ : (i) yeQke Dee@]He ye[ewoe (ef$eefveoeo SJeb esyeeiees) efue. DeOe#e (ii) yeQke Dee@He ye[ewoe (Ieevee) efue. - DeOe#e (iii) Fbef[ee Fveem^keej HeeFveWme keb. efue. (DeeF&DeeF&SHemeerSue) (etkes) uebove (Yeejle mejkeej kes veeefcele efveosMeke efo. 01.12.2010 mes)
75
2010 -11
Sr. No.
ece meb.
Name
veece
Heoveece
31.3.2011 kees
yeQke keer
(iv) efJeeere Deeefmle kee eefleYetelekejCe Deewj hegvemejevee SJeb eefleYetele efnle kee f f
eJele&ve DeefOeefveece 2002 (meerFDeejSmeSDeeF&) kes lenle kesvere hebpeerkejCe & Jes yeQke Dee@]He ye[ewoe (ef$eefveoeo SJeb esyeeiees) efue. keer veeceebkeve meefceefle kes DeOe#e nQ. Jes yeQke Dee@]He ye[ewoe (Ieevee) efue. keer uesKee hejer#ee meefceefle kes Yeer DeOe#e 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. - Chairman (iii) India Infrastructure Finance Company Ltd. (IIFCL) (UK) London (Govt. of India Nominee Director w.e.f. 01.12.2010) (iv) 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 Chairman of Audit Committee of Bank of Baroda (Ghana) Ltd. 4 eer Deueeske efveiece,
DeeF&SSme
Shri Alok Nigam, IAS
efveosMeke (iewj keee&heeueke) keWere mejkeej kes eefleefveefOe

Director (Non Executive) Representing Central Government
Metve
Nil
Metve
Nil
yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece, 1970 keer Oeeje 9(3)(yeer) kes lenle keW mejkeej eje 9.12.2009 keer heYeeJeer leejerKe mes veeefcele. Jes Deeieeceer DeeosMeeW leke Deheves heo hej jnWies. Jes efvecveefueefKele efveosMeke ceb[ueeW ceW Yeer efveosMeke nQ : (i) jeêre DeeJeeme yeQke (Sve Se yeer) (ii) je<êre ke=ef<e Deewj eeceerCe efJekeeme yeQke (veeyee[&) (ii) efJeeere Deeefmle kee eefleYetelekejCe Deewj hegvemejevee SJeb eefleYetle efnle kee f eJele&ve DeefOeefveece 2002 (meerFDeejSmeSDeeF&) kes lenle kesvere hebpeerkejCe &
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) National Housing Bank (ii) National Bank for Agriculture and Rural Development (NABARD) iii) Central Registry under The Securitisation and Reconstruction of Financial Assets & Enforcement of Security Interest Act 2002 (CERSAI)
76
2010 -11
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ece meb.
Name
veece
Heoveece
31.3.2011 kees
yeQke keer
5 eer Deej. ieebOeer Shri R. Gandhi
efveosMeke (iewj keee&heeueke) Yeejleere efj]peJe& yeQke eje mebmlegle
Metve
Nil
Metve
Nil
Director (Non Executive) Recommended by RBI
yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece 1970 keer Oeeje 9(3)(meer) kes lenle kesv mejkeej eje 30.07.2010 keer eYeeJeer leejerKe mes veeefcele. Jes Deieues DeeosMeeW leke Deheves heo hej jnWies. Jen efvecveefueefKele efveosMeke ceb[ueeW kes Yeer efveosMeke nQ(i) yeQefkebie keeefce&ke eeve mebmLeeve (DeeF&yeerheerSme) (i) yeQefkebie SJeb eeweesefiekeer nsleg efJekeeme SJeb DevegmebOeeve mebmLee.
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. He is also a Director on the Board of: (i) Institute of Banking Personnel Selection (ii) Institute for Development and Research in Banking Technology
6 eer Jeer. yeer. eJneCe Shri V. B. Chavan
efveosMeke (iewj keee&heeueke) DeefOekeejer kece&eeefjeeW kes eefleefveefOe
490
Metve
Nil
Metve
Nil
Metve
Nil
Director (Non Executive) Representing Officer Employees
yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece 1970 keer Oeeje 9(3) (SHe) kes lenle Yeejle mejkeej eje 11.03.2011 keer eYeeJeer leejerKe mes veeefcele. Jes leerve Je<eeX keer DeJeefOe kes efueS DeLeJee yeQke Dee@]He ye[ewoe ceW DeefOekeejer jnves DeLeJee Deeieeceer DeeosMeeW leke, 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.
7 eer Depee ceeLegj Shri Ajay Mathur
efveosMeke (iewj keee&heeueke)
Metve
Nil
Metve
Nil
Metve
Nil
Director (Non Executive)
yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece 1970 keer Oeeje 9(3) (peer) kes lenle Yeejle mejkeej eje 05.05.2010 mes leerve Je<eeX keer DeJeefOe DeLeJee Deeieeceer DeeosMeeW leke pees Yeer henues nes DebMe keeefueke DeMeemekeere efveosMeke kes he ceW veeefcele. Jen peer.Sme. ceeLegj Sb[ kebheveer meveoer uesKeekeej, veF& efouueer ceW eyebOe 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.
77
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Sr. No.
ece meb.
Name
veece
Heoveece
31.3.2011 kees
yeQke keer
8 [e@.(eerceleer) cemej&le
Meeefno
Dr.(Smt.) Masarrat Director Shahid (Non Executive)
Metve
Nil
Metve
Nil
Metve
Nil
yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece 1970 keer Oeeje 9(3) (Se) kes lenle Yeejle mejkeej eje 29.10.2009 mes otmejer yeej leerve Je<e& keer DeJeefOe DeLeJee Deeieeceer DeeosMeeW leke FveceW mes pees Yeer henues nes DebMekeeefueke DeMeemekeere efveosMeke kes he ceW veeefcele. Jes hetJe& ceW 15.09.2005 mes 14.09.2008 leke 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. 9 eer mele osJe ef$ehee"er Shri Satya Dev Tripathi
Metve
Nil
Metve
Nil
Metve
Nil
Director (Non Executive)
yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece 1970 keer Oeeje 9(3) (Se) Je (3-S) kes lenle Yeejle mejkeej eje 31.08.2010 keer eYeeJeer leejerKe mes veeefcele. Jes leerve Je<eeX keer DeJeefOe DeLeJee Deeieeceer DeeosMeeW leke, 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. 600 5 3 1
10 [e@. Oece&sv Yeb[ejer Dr. Dharmendra Bhandari
efveosMeke (iewj keee&heeueke) keW mejkeej mes efYeVe MesejOeejkeeW ceW mes efveJee&efele
Director (Non Executive) Elected from amongst Shareholders, other than Central Government
yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece, 1970 keer Oeeje 9(3)(DeeF&) kes lenle 23.12.2008 kees Deeeesefpele F&peerSce ceW keW mejkeej mes efYeVe yeQke kes MesejOeejkeeW eje 24.12.2008 mes 23.12.2011 leke 3 Je<e& kes efueS efveosMeke kes he ceW efveJee&efele. Jes efvecveefueefKele efveosMeke ceb[ueeW kes Yeer efveosMeke nQ : (i) cesmeme& pes.heer.cee@ie&ve cetegDeue Heb[ Fbef[ee hee.efue. (ii) cesmeme& nejceesveer Heej efmeuJej HeeGb[sMeve (iii) cesmeme& ef[efpeue efyepe HeeGb[sMeve Jes ces.pes.heer.cee@ie&ve cegegDeue Heb[ Fbef[ee hee. efue. keer uesKee hejer#ee meefceefle kes Yeer meome nw. Jes vesMeveue me@ke SkemeeWpe Dee@]He Fbef[ee efue. keer Devegceesove meefceefle kes Yeer meome nQ. Jes ces. Debpeefue megYee<e SmeesefmeSdme ee&[& SkeeGbWdme ceW hee&vej nw. Jes keWere mejkeej mes efYeVe MesejOeejkeeW eje efveJee&eele nesves hej yeQke kes efveosMeke ceb[ue f kes efveosMeke 16.11.1999 mes 15.11.2002 Deewj 16.11.2005 mes 15.11.2008 leke jns nw.
78
2010 -11
Sr. No.
ece meb.
Name
veece
Heoveece
31.3.2011 kees
yeQke keer
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. He is also a Director on the Board of: (i) M/s J P Morgan Mutual Fund India Pvt. Ltd. (ii) M/s Harmony For Silver Foundation (iii) M/s Digital Bridge Foundation He is also member of Audit Committee of M/s J.P. Morgan Mutual Fund India Pvt. Ltd. He is also a member of Approval Committee of National Stock Exchange of India Limited. He is a Partner in M/s Anjali Subhash Associates, Chartered Accountants. He has held the position of a Director of the Bank elected by Shareholders other than Central Government w.e.f.16.11.1999 to 15.11.2002 and w.e.f.16.11.2005 to 15.11.2008. 11 [e@. oerheke yeer. heeke Dr. Deepak B. Phatak
100
yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece, 1970 keer Oeeje 9(3)(DeeF&) kes lenle 23.12.2008 kees Deeeesefpele F&peerSce ceW keW mejkeej mes efYeVe yeQke kes MesejOeejkeeW eje 24.12.2008 mes 23.12.2011 leke 3 Je<e& kes efueS efveosMeke kes he ceW efveJee&efele. Jes Se[erSHedmeer Demes cewvespeceW keb. efue. kes efveosMeke ceb[ue ceW efveosMeke Yeer nQ. Jes cew.Se[erSHemeer Demes cewvespeceW keb.efue. keer ieenke mesJee meefceefle Deewj peesefKece heyebOeve meefceefle kes meome Yeer nQ. Jes efvecveefueefKele ieJeefveie keeQeqmeue kes Yeer meome nQ : (i) vesMeveue FvMeesjWme Dekeeoceer (ii) yeQeEkeie keee|ceke eeve mebmLeeve (DeeF&yeerheerSme) Jes keWere mejkeej mes efYeVe MesejOeejkeeW eje efveJee&efele nesves hej 16.11.2005 mes 15.11.2008 leke yeQke kes efveosMeke jns nQ.
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.
79
2010 -11
Sr. No.
ece meb.
Name
veece
Heoveece
31.3.2011 kees
yeQke keer
He is also a Director on the Board of M/s HDFC Asset Management Co. Ltd. He is also a member of Customer Service Committee and Risk Management Committee of M/s HDFC Asset Management Co. Ltd. He is also a member of Governing Council of: (i) National Insurance Academy (ii) Institute of Banking Personnel Selection He also held the position of a Director of the Bank elected by Shareholders other than Central Government w.e.f.16.11.2005 to 15.11.2008. 12 eer ceewefueve S. Jew<CeJe Shri Maulin A. Vaishnav
125
Metve
Nil
Metve
Nil
yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece, 1970 keer Oeeje 9(3)(DeeF&) kes lenle 23.12.2008 kees Deeeesefpele F&peerSce ceW keW mejkeej mes efYeVe yeQke kes MesejOeejkeeW eje 24.12.2008 mes 23.12.2011 leke 3 Je<e& kes efueS efveJee&efele. efveJee&efele nesves mes henues, Jes yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece, 1970 keer Oeeje 9(3)(Se) kes lenle Yeejle mejkeej eje veeefcele efkeS ieS Deewj leeie-he$e osves kes keejCe 28.11.2008 mes efveosMeke veneR jns.
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.
80

2.2 Je<e& kes oewjeve efveosMekeeW keer efveegefkele / keee&meceeefHle eer Depee ceeLegj kees yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970 keer Oeeje 9(3) (peer) kes lenle kesv mejkeej eje 05.05.2010 mes leerve Je<e& keer DeJeefOe DeLeJee Deeieeceer DeeosMeeW leke pees Yeer henues nes DebMekeeefueke DeMeemekeere efveosMeke kes he ceW veeefcele efkeee ieee.
eer Deej. ieebOeer kees yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece 1970 keer Oeeje 9(3) (meer) kes lenle kesv mejkeej eje 30.07.2010 mes Deeieeceer DeeosMeeW leke efveosMeke kes he ceW veeefcele efkeee ieee. eer mele osJe ef$ehee"er kees yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece 1970 keer Oeeje 9(3) Se Je (3-S) kes lenle kesv mejkeej eje 31.08.2010 mes leerve Je<eeX keer DeJeefOe DeLeJee Deeieeceer DeeosMeeW leke pees Yeer henues nes, DebMekeeefueke efveosMeke kes he ceW veeefcele efkeee ieee. eer Jeer. yeer. eJneCe kees yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece 1970 keer Oeeje 9(3) (SHe) kes lenle kesv mejkeej eje 11.03.2011 mes leerve Je<eeX keer DeJeefOe DeLeJee yeQke Dee@]He ye[ewoe kes DeefOekeejer jnves leke DeLeJee Deeieeceer DeeosMeeW leke pees Yeer henues nes DeefOekeejer kece&eejer efveosMeke kes he ceW veeefcele efkeee ieee nw. eer efceefuebo Sve. vee[keCeea efpevnW yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece 1970 keer Oeeje 9(3) (F&) kes lenle 01.05.2007 mes keeceieej kece&eejer efveosMeke kes he ceW veeefcele efkeee Lee Jes Dehevee ce& hetje kejves kes yeeo 1 ceF& 2010 mes yeQke kes efveosMeke veneR jns nQ. eer Delegue DeeJeeue, efpevnW yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece 1970 keer Oeeje 9(3) (Se) Je 9(3-S) kes lenle 23.11.2007 mes DebMekeeefueke DeMeemekeere efveosMeke kes he ceW leerve Je<eeW& kes efueS efveege efkeee ieee Lee. Jes Dehevee ce& hetje kejves kes yeeo 23.11.2010 mes yeQke kes efveosMeke veneR jns nQ. eer S. meescemegbojce, efpevnW yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece 1970 keer Oeeje 9(3) (meer) kes lenle kesv mejkeej eje 27.02.2007 mes Deeieeceer DeeosMeeW kes lenle efveosMeke kes he ceW veeefcele efkeee ieee Lee, 30.07.2010 mes yeQke kes efveosMeke veneR jns nQ. Gvekes mLeeve hej eer Deej. ieebOeer kee veecebkeve ngDee nw. eer jbpeerle kegceej epeea efpevnW yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece 1970 keer Oeeje 9(3) (SHe) kes lenle kesv mejkeej eje 20.12.2007 mes leerve Je<eeX keer DeJeefOe kes efueS iewj keeceieej efveosMeke kes he ceW yeQke kes efveosMeke ceb[ue ceW leerve Je<eeX keer DeJeefOe kes efueS veeefcele efkeee ieee Lee, Dehevee ce& hetje kejves kes yeeo 20.12.2010 mes yeQke kes efveosMeke veneR jns nQ.
2010 -11
2.2 Appointment / Cessation of Directors During The Year Shri Ajay Mathur was nominated as a part time nonofficial 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. Shri R. Gandhi 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. Shri Satya Dev Tripathi was nominated as a part time nonofficial 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. Shri V. B. Chavan was 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. Shri Milind N. Nadkarni who was appointed as a Workmen Employee Director with effect from 1st May 2007 by the Central Government u/s 9 (3) (e) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, ceased to be a Director w.e.f. 01-05-2010, on completion of his term. Shri Atul Agarwal who was nominated as a part-time non-official Director on the Board of the Bank on 23-112007 by the Central Government under section 9(3) (h) & 9 (3-A) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, for a period of three years, ceased to be a Director w.e.f. 23-11-2010, on completion of his term. Shri A. Somasundaram who was nominated as a Director w.e.f. 27.02.2007 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. 30.07.2010 upon nomination of Shri R. Gandhi in his place. Shri Ranjit Kumar Chatterjee who was nominated as Non-Workmen Director on the Board of the Bank w.e.f. 20.12.2007 by the Central Government under section 9 (3) (f) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, for a period of three years, ceased to be a Director w.e.f. 20.12.2010, on completion of his term. 2.3 Board Meetings During the Financial Year 2010-11, total -19- 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. 21.06.2010 03.09.2010 27.12.2010 29.03.2011 05.07.2010 04.10.2010 24.01.2011
2.3 efveosMeke ceb[ue keer yew"keW

efJeeere Je<e& 2010-11 kes oewjeve efveosMeke ceb[ue keer 19 yew"keW efvecveevegmeej Deeeesefpele keer ieF& peyeefke je<êreke=le yeQke (HeyebOeve SJeb efJeefJeOe HeeJeOeeve) eespevee 1970 keer Oeeje-12 kes Debleie&le efveOee&efjle vetvelece 6 yew"keW Deeeesefpele kejvee DeefveJeee& nw.
27.04.2010 20.07.2010 27.10.2010 28.01.2011 28.04.2010 28.07.2010 28.10.2010 24.02.2011
25.05.2010 29.07.2010 20.11.2010 05.03.2011
81
2010 -11
GHeeg&kele efveosMeke ceb[ue keer yew"keeW ceW efveosMekeeW keer GHeefmLeefle kee yeewje efvecveevegmeej nw, pees Gvekes keee&keeue mes mebye nw : eqveosMeke kee veece
Name of the Director
The details of attendance of the Directors at the aforesaid Board Meetings held during their respective tenure are as under:
Period
DeJeefOe
Meetings held during Meetings their tenure attended
Gvekes keee&keeue kes oewjeve Deeeesefpele yew"keW

19 19 19 19 08 02 13 13 19 19 19 19 17 11 11 01
yew"keW efpeveceW Yeeie efueee

19 19 18 07 07 01 13 13 18 10 14 17 15 08 11 01
[e@. Sce. [er. ceuee eer jepeerJe kegceej ye#eer eer Sve. Sme. eerveeLe eer Deueeske efveiece eer S. meescemegbojce eer efceefuebo Sve. vee[keCeea eer jbpeerle kegceej epeea [e@. Delegue DeiejJeeue [e@.(eerceleer) cemej&le Meeefno [e@. Oecexv Yeb[ejer [e@. oerheke yeer. Heeke eer. ceewefueve S. Jew<CeJe eer Depee ceeLegj eer Deej. ieebOeer eer mele osJe ef$ehee"er eer Jeer. yeer. eJneCe
Shri M. D. Mallya Shri Rajiv Kumar Bakshi Shri N. S. Srinath Shri Alok Nigam Shri A. Somasundaram Shri Milind N. Nadkarni Shri Ranjit Kumar Chatterjee Dr. Atul Agarwal Dr. (Smt.) Masarrat Shahid Dr. Dharmendra Bhandari Dr. Deepak B. Phatak Shri Maulin A. Vaishnav Shri Ajay Mathur Shri R. Gandhi Shri Satya Dev Tripathi Shri V. B. Chavan
01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 29.07.2010 01.04.2010 to 30.04.2010 01.04.2010 to 19.12.2010 01.04.2010 to 22.11.2010 01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 05.05.2010 to 31.03.2011 30.07.2010 to 31.03.2011 31.08.2010 to 31.03.2011 11.03.2011 to 31.03.2011 2.4 Code of Conduct:
2.4 Deeeej mebefnlee efveosMeke ceb[ue leLee Jeefj heyebOeve keee|ceke DeLee&led keesj heyebOeve erce, efpemeceW meYeer ceneheyebOeke leLee efJeYeeie hecegKe Meeefceue nQ, kes efueS meke SkemeeWpe ceW meteeryelee kejej keer KeC[ 49 keer Devegheeuevee ceW, Deeeej mebefnlee efveosMeke ceb[ue eje Devegceesefole kej oer ieF& nw. Ge Deeeej mebefnlee yeQke keer JesyemeeF www.bankofbaroda.com hej Yeer osKeer pee mekeleer nw. efveosMeke ceb[ue kes meYeer meomeeW leLee Jeefj heyebOeve keee|cekeeW ves Deeeej mebefnlee kes heefle menceefle Jee kej oer ns. 3. Jeee|<eke meeceeve yew"ke yeQke kes Mesej OeejkeeW keer Jee|<eke meeceeve yew"ke Je[esoje ceW meesceJeej, efo. 5 pegueeF&, 2010 kees ngF& Leer, efpemeceW efvecveefueefKele efveosMeke GheeqmLele Les :
eer Sce.[er.ceuee eer jepeerJe kegceej ye#eer eer Sve.Sme. eerveeLe eer S. meescemegbojce eer jbpeerle kegceej epeea eer Depee ceeLegj [e@. Delegue DeeJeeue [e@.(eerceleer) cemej&le Meeefno eer ceewefueve S. Jew<CeJe
Shri M. D. Mallya Shri Rajiv Kumar Bakshi Shri N. S. Srinath Shri A. Somasundaram Shri Ranjit Kumar Chatterjee Shri Ajay Mathur Dr. Atul Agarwal Dr. (Smt.) Masarrat Shahid Shri Maulin A. Vaishnav
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 Banks 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, 5th July, 2010 at Vadodara, where the following Directors were present. DeOe#e SJeb eyebOe efveosMeke keee&keejer efveosMeke keee&keejer efveosMeke efveosMeke efveosMeke (iewj keeceieej) efveosMeke Chairman and Managing Director Executive Director Executive Director Director Director (Non-workmen) Director Director (Chairman-ACB) Director Director - Representing Shareholders, other than Central Government
1 2 3 4 5 6 7 8 9
efveosMeke (DeOe#e - Smeeryeer) efveosMeke efveosMeke - kesv mejkeej mes efYevve Mesej OeejkeeW kes eefleefveefOe
82

4. efveosMekeeW/keee&heeuekeeW keer meefceefle yeQke kes efveosMeke ceb[ue ves keeheexjs ieJeveXme leLee peesefKece heyebOeve heCeeueer hej Yeejleere efjpeJe& yeQke / mesyeer / Yeejle mejkeej kes efoMee- efveoxMeevegmeej efvecveevegmeej keee&veerefle kes cenlJehetCe& #es$eeW hej efveiejeveer jKeves nsleg efveosMekeeW Deewj / ee keee&heeuekeeW keer efJeefYeVe meefceefleeeW kee ie"ve efkeee nw. efveosMeke ceb[ue eje ieef"le cenlJehetCe& meefceefleeeb efvecveevegmeej nQ: l efveosMeke ceb[ue keer heyebOeve meefceefle l yees[& keer uesKee hejer#ee meefceefle (Smeeryeer) l MesejOeejkeeW/efveJesMekeeW keer efMekeeele efveJeejCe meefceefle l Mesej DeblejCe meefceefle l Deeeqmle oselee heyebOeve SJeb peesefKece heyebOeve keer Ghe meefceefle l ieenke mesJee meefceefle l heeefjeefceke meefceefle l veeceebkeve meefceefle l efveosMekeeW keer meefceefle l ye[er jeefMe keer OeesKeeOe[er mebyebOeer meefceefle
yees[& keer heyebOeve meefceefle kee ie"ve efJee ceb$eeuee, Yeejle mejkeej eje efkeS ieS mebMeesOeveeW kes meeLe heef"le jeêreke=le yeQke (heyebOeve SJeb efJeefJeOe heeJeOeeve) eespevee, 1970 (eLee mebMeesefOele) kes Keb[ -13 kes DevegmejCe ceW efkeee ieee nw pees DeleefOeke cenlJehetCe& keejesyeejer ceeceues leLee DeefOeke jeefMe kes $e+Ce hemleeJe cebpetj kejves, mecePeewlee/yee Keelee hemleeJe, hetbpeeriele SJeb jepemJe Jee keer mJeerke=efle, heefjmej, efveJesMe, oeve Deeefo hej efJeeej kejleer nw. meefceefle ceW DeOe#e SJeb heyebOe efveosMeke, keee&keejer efveosMeke (ieCe) Deewj Oeeje 9(3)(meer) SJeb 9(3)(peer) kes lenle Yeejle mejkeej eje veeefcele efveosMeke leLee yeQkekeejer kebheveer (GheeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970 keer Oeeje 9(3) keer GheOeeje (F&)(SHed)(Se) Je (DeeF&) kes lenle efveege efveosMekeeW ceW mes leerve efveosMekeeW kee meceeJesMe nw. 31 ceee& 2011 kees meefceefle keer mebjevee Fme hekeej nw.
(i) (ii) 4.
2010 -11
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 l l l l
Management Committee of the Board Audit Committee of Board (ACB) Shareholders / Investors Grievances Committee Share Transfer Committee Sub committee of the Board on ALM & Risk Management Customer Service Committees Remuneration Committee Nomination Committee Committee of Directors Committee on High Value Frauds
l l l l l
4.1 efveosMeke ceb[ue keer heyebOeve meefceefle
4.1 Management Committee of the Board 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 2011 is as under: (i) Shri M. D. Mallya (ii) Shri Rajiv Kumar Bakshi (iii) Shri N. S. Srinath (iv) Shri R. Gandhi (v) Shri Ajay Mathur (vi) Shri Satya Dev Tripathi (vii) Dr. Dharmendra Bhandari (viii) Dr. (Smt.) Masarrat Shahid During the Financial Year 2010-11, the Management Committee of the Board (MCB) met on -29- occasions on the following dates:
eer Sce.[er.ceuee eer jepeerJe kegceej ye#eer
(iii) eer Sve. Sme. eerveeLe (iv) eer Deej. ieebOeer (v)
eer Depee ceeLegj
(vi) eer mele osJe ef$ehee"er (vii) [e@. OeceX Yeb[ejer (vii) [e@. (eerceleer) cemej&le Meeefno
efJeeere Je<e& 2010-11 kes oewjeve yees[& keer heyebOeve meefceefle (Scemeeryeer) keer efvecveebefkele leejerKeeW kees 29 yew"keW Deeesefpele ngF&.
83

17.04.2010 05.07.2010 27.09.2010 07.12.2010 24.02.2011 27.04.2010 20.07.2010 04.10.2010 14.12.2010 10.03.2011
2010 -11
08.05.2010 28.07.2010 18.10.2010 27.12.2010 18.03.2011
25.05.2010 14.08.2010 27.10.2010 10.01.2011 26.03.2011
12.06.2010 03.09.2010 09.11.2010 24.01.2011 29.03.2011
22.06.2010 15.09.2010 20.11.2010 11.02.2011
efveosMeke meomeeW keer Gvekes keee&keeue kes oewjeve meefceefle keer Deeeesefpele Ge yew"keeW ceW Gvekeer GheeqmLeefle mebyebOeer efJeJejCe efvecveevegmeej nw: eqveosMeke kee veece
The details of attendance of the Directors at the aforesaid Meetings of the Committee held during their respective tenure are as under: Period
DeJeefOe
Meetings held during Meetings their tenure attended
eer Sce. [er. ceuee eer jepeerJe kegceej ye#eer eer Sve. Sme. eerveeLe eer S. meescemegbojce eer efceefuebo vee[keCeea [e@. Delegue DeiejJeeue -Jener[e@.(eerceleer) cemej&le Meeefno -Jenereer Depee ceeLegj eer ceewefueve S. Jew<CeJe [e@. oerheke yeer. Heeke eer Deej. ieebOeer eer mele osJe ef$ehee"er [e@. Oecexv Yeb[ejer
Shri M. D. Mallya Shri Rajiv Kumar Bakshi Shri N. S. Srinath Shri A. Somasundaram Shri Milind N. Nadkarni Dr Atul Agarwal -doDr.(Smt.) Masarrat Shahid -doShri Ajay Mathur Shri Maulin A. Vaishnav Dr Deepak B. Phatak Shri R. Gandhi Shri Satya Dev Tripathi Dr Dharmendra Bhandari
01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 29.07.2010 01.04.2010 to 30.04.2010 01.04.2010 to 23.05.2010 01.06.2010 to 22.11.2010 01.04.2010 to 28.07.2010 01.02.2011 to 31.03.2011 05.05.2010 to 31.03.2011 01.05.2010 to 31.10.2010 01.08.2010 to 31.01.2011 03.09.2010 to 31.03.2011 01.11.2010 to 31.03.2011 01.12.2010 to 31.03.2011
29 29 29 09 02 03 14 09 06 27 14 14 19 13 11
29 29 27 07 01 03 14 09 06 22 10 10 13 13 04
4.2 yees[& keer uesKee hejer#ee meefceefle (Smeeryeer)

yewke ves keeheexjs ieJeveXme kes cetue efmeebleeW kes Deveghe Deewj Yeejleere efjpeJe& yeQke kes efoMee- efveoxMeeW kes DevegmejCe ceW, yees[& keer uesKee hejer#ee meefceefle ieef"le keer nw efpemeceW 6 efveosMeke nQ. Ske iewj keee&keejer efveosMeke, pees efke meveoer uesKeekeej nQ, meefceefle kes DeOe#e nQ. 31.03.2011 kees meefceefle keer mebjevee Fme hekeej nw. (i) eer Depee ceeLegj DeOe#e (ii) eer jepeerJe kegceej ye#eer meome (iii) eer Sve. Sme. eerveeLe meome (iv) eer Deeueeske efveiece meome (v) eer Deej. ieebOeer meome (vi) eer ceewefueve S. Jew<CeJe meome
4.2 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, 2011 is as under: (i) (ii) (iii) (iv) (v) (vi) Shri Ajay Mathur Shri Rajiv Kumar Bakshi Shri N. S. Srinath Shri Alok Nigam Shri R. Gandhi Shri Maulin A. Vaishnav Chairman Member Member Member Member Member
84

efJeeere Je<e& 2010-11 kes oewjeve Smeeryeer ceW efvecveefueefKele efveosMeke Gvekes mece#e GequueefKele leejerKeeW mes meome veneR jns.
(i)
2010 -11
[e@. Delegue DeiejJeeue (ii) eer S. meescemegvojce
16.11.2010 30.07.2010
The following Directors ceased to be members of ACB during the Financial Year 2010-11 on the dates shown against their respective names: (i) Dr. Atul Agarwal 16.11.2010 30.07.2010 (ii) Shri A. Somasundaram
efJeeere Je<e& 2010-11 kes oewjeve yees[& keer uesKee hejer#ee meefceefle (Smeeryeer) keer 11 yew"keW efvecveefueefKele leejerKeeW Hej Deeeesefpele keer ieF&.
28.04.2010 28.10.2010 25.05.2010 09.11.2010 21.06.2010 27.12.2010
During the Financial Year 2010-11, the Audit Committee of the Board (ACB) met on -11- occasions on the dates given below: 28.07.2010 28.01.2011 29.07.2010 26.03.2011 03.09.2010
efveosMeke meomeeW keer Gvekes keee&keeue kes oewjeve meefceefle keer Deeeesefpele Ge yew"keeW ceW Gvekeer GheeqmLeefle mebyebOeer efJeJejCe efvecveevegmeej nw: efveosMeke kee veece
The details of attendance of the Directors at the Meetings of the Committee held during their respective tenure are as under: Period
DeJeefOe

Meetings held during their tenure 10 08 11 11 11 05 01 03 06

Meetings attended 09 08 11 11 05 04 01 03 06
eer Depee ceeLegj [e@. Delegue DeiejJeeue eer jepeerJe kegceej ye#eer eer Sve. Sme. eerveeLe eer Deeueeske efveiece eer S. meescemegbojce eer. ceewefueve S. Jew<CeJe -Jenereer Deej. ieebOeer
Shri Ajay Mathur Dr Atul Agarwal Shri Rajiv Kumar Bakshi Shri N. S. Srinath Shri Alok Nigam Shri A. Somasundaram Shri Maulin A. Vaishnav -doShri R. Gandhi
05.05.2010 to 31.03.2011 01.04.2010 to 15.11.2010 01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 29.07.2010 01.04.2010 to 04.05.2010 16.11.2010 to 31.03.2011 30.07.2010 to 31.03.2011
uesKee hejer#ee meefceefle kee, Deve yeeleeW kes meeLe meeLe, hecegKe keee& yeQke keer efJeeere metevee heCeeueer keer meceer#ee Deewj Deekeueve kejvee nw leeefke en megefveeqele nes mekes efke efJeeere efJeJejefCeeeb mener, Gheege Deewj efJeemeveere nQ. en meefceefle yees[& kees hemlegle kejves mes henues efleceener/Jeee|<eke efJeeere efJeJejefCeeeW keer heyebOeve kes meeLe meceer#ee kejleer nw. en uesKee hejer#ee meefceefle efoMee- efveoxMe osleer nw leLee yeQke kes meceie uesKee hejer#ee keeeeX keer meceer#ee kejleer nw efpemeceW mebie"ve heefjeeueve leLee Deebleefjke uesKee hejer#ee keer iegCeJeee efveeb$eCe,keee& Deebleefjke efveeb$eCe keefceeeb Deewj yeQke keer Deebleefjke efvejer#eCe JeJemLee, yeQke keer meebefJeefOeke /yeee uesKee hejer#ee mebyebOeer DevegJeleea keej&JeeF& leLee Yeejleere efj]peJe& yeQke kes efvejer#eCeb Meeefceue nQ. meefceefle Deebleefjke efveeb$eCe heCeeueer, Deebleefjke uesKee hejer#ee efJeYeeie keer mebjevee, Fmekeer meHed mebjevee keer meceer#ee Yeer kejleer nw Deewj efkemeer cenlJehetCe& Keespe kes mebyebOe ceW Deebleefjke uesKee hejer#ekeeW/ efvejer#ekeeW kes meeLe efJeeej- efJeceMe& leLee Gme hej DevegJeleea keej&JeeF& kejleer nw. en yeQke keer efJeeere Je peesefKece heyebOeve veerefleeeW keer meceer#ee Yeer kejleer nw. meebefJeefOeke uesKee hejer#ee kes meboYe& ceW uesKee hejer#ee meefceefle, Jeee|<eke/efleceener efJeeere KeeleeW SJeb efjheeseX kes Debeflece he osves mes hetJe& kesere meebefJeefOeke uesKee hejer#ekeeW kes meeLe efJeeej-efJeceMe& kejleer nw. en meefceefle ueebie Heece& Dee@ef[ efjhees& (LFAR) keer efJeefYeVe ceoeW hej DevegJeleea keej&JeeF& Yeer kejleer nw.
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).
85
2010 -11
4.3 MesejOeejkeeW/ efveJesMekeeW keer efMekeeele efveJeejCe meefceefle yeQke ves MesejOeejkeeW leLee efveJesMekeeW keer efMekeeeleeW, eefo keesF& neW, kes efveJeejCe nsleg MesejOeejke / efveJesMeke efMekeeele efveJeejCe meefceefle kee ie"ve efkeee nw. Fme meefceefle ceW efvecveevegmeej meome nQ:
(i) (ii)
4.3 Shareholders / Investors Grievances Committee The Shareholders / Investors Grievances Committee has been constituted by the Bank to redress shareholders and investors complaints, if any. The Committee includes following members: (i) (ii) Executive Director (s) and Four Non-Executive Directors as its members with a Non-Executive Director as its Chairman.
keee&keejer efveosMekeieCe SJeb eej Deve iewj keee&keejer efveosMeke Fmekes meome Deewj Ske iewj keee&keejer efveosMeke Fmekes DeOe#e nQ. DeOe#e meome meome meome meome meome
31.3.2011 leke meefceefle keer mebjevee Fme ekeej nw:

(i) (ii) (iii) (iv) (v) (vi)
The composition of the Committee as on 31st March 2011 is as under: (i) (ii) (iii) (iv) (v) (vi) Shri Maulin A . Vaishnav Shri Rajiv Kumar Bakshi Shri N. S. Srinath Dr. Dharmendra Bhandari Shri Satya Dev Tripathi Dr. Deepak B. Phatak Chairman Member Member Member Member Member
eer ceewefueve S. Jew<CeJe eer jepeerJe kegceej ye#eer eer Sve. Sme. eerveeLe [e@. Oecex Yeb[ejer eer mele osJe ef$ehee"er [e@. oerheke yeer. Heeke
efJeeere Je<e& 2010-11 kes oewjeve meefceefle keer efvecveefueefKele leejerKeeW Hej 04 yew"keW Deeeesefpele keer ieF :
25.05.2010 04.09.2010
The Committee met four times during the Financial Year 2010-11 on the following dates: 27.12.2010 24.02.2011
meefceefle keer Ghejese yew"keeW ceW efveosMekeesb keer Gvekes keee&keeue kes oewjeve GHeefmLeefle kee efJeJejCe Fme ekeej nw: efveosMeke kee veece
The details of attendance of the Directors at the aforesaid Meetings of the Committee held during their respective tenure are as under: Period
DeJeefOe

Meetings held during their tenure 04 04 04 02 04 03 01

Meetings attended 03 04 04 02 02 03 01
eer ceewefueve S. Jew<CeJe (meefceefle kes DeOe#e) eer jepeerJe kegceej ye#eer eer Sve. Sme. eerveeLe eer jbpeerle kegceej epeea [e@. OeceX Yeb[ejer eer mele osJe ef$ehee"er [e@. oerheke yeer. Heeke
Shri Maulin A. Vaishnav Chairman of the Committee Shri Rajiv Kumar Bakshi Shri N. S. Srinath Shri Ranjit Kumar Chatterjee Dr Dharmendra Bhandari Shri Satya Dev Tripathi Dr. Deepak B. Phatak
01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 19.12.2010 01.04.2010 to 31.03.2011 03.09.2010 to 31.03.2011 01.02.2011 to 31.03.2011
meefceefle en megefveefele kejleer nw efke DeblejCe, GHe efJeYeepeve, meceskeve, veJeerkejCe, efJeefvecee DeLeJee ceebie/DeeJebve jeefMe kes Hejebkeve keer Hemlegefle-leejerKe mes Ske ceen kes Yeerlej meYeer HeceeCe-He$e peejer kej efoS peeSb. meefceefle efveJesMekeeW keer efMekeeeleeW kes efveJeejCe kes efueS meceeye He mes efveiejeveer Yeer kejleer nw. Je<e& kes oewjeve HeeHle SJeb efveJeejCe keer ieF& efMekeeeleeW/efveJesoveeW keer mebKee kee meejebMe veeres efoee ieee nw. 01.04.2010 kees yekeeee
24
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 investors complaints in a time bound manner. The summary of number of requests/complaints received and resolved during the year are as under:
Pending as on 01.04.2010
Received during the year 9178
Je<e& kes oewjeve HeeHle
Resolved during the year 9174
Je<e& kes oewjeve efveJeejCe
Pending as on 31.03.2011 28
31.03.2011 kees yekeeee
86

Je<e& kes oewjeve yekeeee meYeer DeeJesove [gHueerkes Mesej meef&efHekes peejer kejves mes mebyebefOele DevegjesOe He$e Les leLee Fvekes mebyebOe ceW DeHesef#ele Heefeee/keej&JeeF& keer pee jner nw. eer efJevee S. Meen, meneeke ceneeyebOeke SJeb kebHeveer meefeJe kees me@ke SkemeeWpeeW kes meeLe meteerkejCe DevegyebOe kes Keb[ 47 (S) kes lenle yeQke kes DevegHeeueve DeefOekeejer kes He ceW efveegkele efkeee ieee nw.
2010 -11
All the pending cases as at the end of the year were pertaining to the request for issue of duplicate share certificates, in respect of which the necessary formalities were in process. Shri Vinay A. Shah, Assistant General Manager & Company Secretary has been designated as the Compliance Officer of the Bank under Clause 47 (a) of the Listing Agreement with Stock Exchanges. 4.4 Share / Bond Transfer Committee Besides the Shareholders / Investors Grievances Committee, the Bank has constituted a Share Transfer Committee comprising of Chairman and Managing Director, Executive Directors, -2- General Managers and Deputy General Manager (Legal) as members. The Committee meets at least once in 15 days to effect transfer of Shares / Bonds. The Committee met on -49- occasions during the Financial Year 2010-11, on the following dates: 19.04.2010 10.06.2010 28.07.2010 15.09.2010 22.10.2010 08.12.2010 28.01.2011 08.03.2011 07.05.2010 17.06.2010 09.08.2010 21.09.2010 02.11.2010 20.12.2010 02.02.2011 10.03.2011 15.05.2010 23.06.2010 12.08.2010 27.09.2010 09.11.2010 01.01.2011 11.02.2011 17.03.2011
4.4 Mesej / yee@v[ DeblejCe meefceefle

MesejOeejkeeW / efveJesMekeeW keer efMekeeele efveJeejCe mes mebyebefOele meefceefle kes Deefleefjkele, yeQke ves keee&HeeuekeeW keer Ske Mesej DeblejCe meefceefle ieef"le keer nw. DeOe#e SJeb HeyebOe efveosMeke, keee&keejer efveosMeke, 2 ceneHeyebOeke leLee GHe ceneHeyebOeke (efJeefOe) Fmekes meome nQ. 15 efove ceW meefceefle keer kece mes kece Ske yew"ke Deeeesefpele nesleer nw efpemekee Heeespeve MesejeW/yee@v[eW kes DeblejCe keer Heefeee kees lespe kejvee neslee nw. efJeeere Je<e& 2010-11 kes oewjeve meefceefle keer 49 yew"keW ngF& efpemekee efJeJejCe efvecveevegmeej nw :
05.04.2010 19.05.2010 30.06.2010 14.08.2010 01.10.2010 12.11.2010 08.01.2011 14.02.2011 26.03.2011 09.04.2010 24.05.2010 01.07.2010 31.08.2010 08.10.2010 30.11.2010 20.01.2011 26.02.2011 16.04.2010 05.06.2010 20.07.2010 01.09.2010 21.10.2010 03.12.2010 27.01.2011 03.03.2011
4.5 Deeefmle oselee HeyebOeve SJeb peesefKece HeyebOeve hej efveosMeke ceb[ue keer Ghe meefceefle
yeQke ves Ske efveosMeke ceb[ue mlejere peesefKece HeyebOeve meefceefle kee ie"ve efkeee nw pees Deeefmle oselee HeyebOeve SJeb peesefKece HeyebOeve Hej efveosMeke ceb[ue keer GHemeefceefle kes He ceW peeveer peeleer nw leLee yeQke eje HetJee&vegceeefvele mebHetCe& peesefKece keer meceer#ee SJeb cetueebkeve kejleer nw. meefceefle keer DeOe#elee DeOe#e SJeb HeyebOe efveosMeke kejles nQ leLee 31 ceee& 2011 kees meefceefle keer mebjevee Fme Hekeej nw :
(i) (ii) (iii) (iv)
4.5 Sub Committee of the Board on ALM and Risk Management The Bank has constituted a Board level Risk Management Committee known as Sub committee of the Board on ALM & Risk Management 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, 2011 is as under: (i) (ii) (iii) (iv) Shri M. D. Mallya Shri Rajiv Kumar Bakshi Shri N. S. Srinath Dr. Dharmendra Bhandari Chairman Member Member Member
eer Sce.[er.ceuee eer jepeerJe kegceej ye#eer eer Sve. Sme. eerveeLe [e@. Oecex Yeb[ejer
DeOe#e meome meome meome
efJeeere Je<e& kes oewjeve meefceefle keer efvecveefueefKele leejerKeeW kees -4- yew"kesb ngF&.
21.06.2010 04.09.2010
The Committee met -4- times during the Financial Year on the following dates: 27.12.2010 10.03.2011
meefceefle keer Ghejese yew"keeW ceW efveosMekeeW keer Gvekes keee&keeue kes oewjeve GheefmLeefle Fme ekeej jner :
The details of attendance of the Directors at the Meetings of the Committee held during their respective tenure are as under:
87
2010 -11
efveosMeke kee veece
Period
DeJeefOe
Gvekes keee&keeue kes oewjeve yew"keW efpeveceW Deeeesefpele yew"keW Yeeie efueee
Meetings held during their tenure 04 04 04 01 04 Meetings attended 04 04 04 01 02
eer Sce.[er.ceuee eer jepeerJe kegceej ye#eer eer Sve. Sme. eerveeLe eer S.meescemegvojce [e@. Oecexv Yeb[ejer
Shri M. D. Mallya Shri Rajiv Kumar Bakshi Shri N. S. Srinath Shri A. Somasundaram Dr Dharmendra Bhandari
01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 29.07.2010 01.04.2010 to 31.03.2011
yeQke ves efJeefYevve peesefKeceeW eLee esef[ peesefKece, yeepeej peesefKece leLee Heefjeeueveiele peesefKece kee Helee ueieeves, HeyebOeve, DevegHeJele&ve leLee efveeb$eCe kees Oeeve ceW jKeles ngS yeQke ceW mecegefele peesefKece HeyebOeve {ebee leweej efkeee nw efpemeceW peesefKece mebjeveelceke {ebee, peesefKece efmeeble, peesefKece Heefeee, peesefKece efveeb$eCe leLee peesefKece uesKee Hejer#ee Meeefceue nQ. Fmekee cegKe GsMe yeQke kes je<êre SJeb Debleje&<êre HeefjeeueveeW kees efvejblej yesnlej SJeb keee&kegMeue yeveevee nw Deewj yeQke keer megj#ee Hej Oeeve osvee nw.
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. 4.6 Customer Service Committees (a) Customer Service Committee of the Board The Bank has constituted a sub-committee of Board, known as Customer Service Committee'. The Committee has the following members as on 31st March, 2011: (i) (ii) Shri M. D. Mallya Shri Rajiv Kumar Bakshi Chairman and Managing Director Executive Director Executive Director Member Member
4.6 ieenke mesJee meefceefleeeb (ke) efveosMeke ceb[ue keer eenke mesJee meefceefle
yeQke ves efveosMeke ceb[ue keer Ske GHemeefceefle kee ie"ve efkeee nw pees ieenke mesJee meefceefle' kes veece mes peeveer peeleer nw. 31 ceee& 2011 kees meefceefle kes efvecveefueefKele meome nQ.
(i) (ii) (iii) (iv) (v)
eer Sce.[er.ceuee eer jepeerJe kegceej ye#eer eer Sve. Sme. eerveeLe [e@. (eerceleer) cemej&le Meeefno eer ceewefueve S. Jew<CeJe
DeOe#e SJeb HeyebOe efveosMeke keee&keejer efveosMeke keee&keejer efveosMeke meome meome
(iii) Shri N. S. Srinath (iv) Dr. (Smt.) Masarrat Shahid (v) Shri Maulin A. Vaishnav
meefceefle kes keeeeX ceW ieenke mesJeeDeeW keer iegCeJeee kees yesnlej yeveeves kes efueS megPeeJe leLee veJeesvces<eer GHeeeeW kes efueS HuesHeece& kee me=peve kejvee leLee meYeer mebJeie& kes ieenkeeW kes efueS meblegef< kes mlej ceW megOeej kejvee Meeefceue nw efpemeceW Deve yeeleeW kes meeLe-meeLe efvecveefueefKele kee meceeJesMe nw :
i.
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 Services and also compliance with the recommendation of the Standing Committee on Customer Services. 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. review the status of the number of deceased claims remaining pending / outstanding for settlement beyond 15 days pertaining to deceased depositors/ locker hirers/depositor of safe custody articles.
meeJe&peefveke mesJeeDeeW keer Heefeee SJeb keee&efve<Heeove uesKee Hejer#ee mebyebOeer mLeeeer meefceefle kes keeeeX keer osKejsKe kejvee leLee ieenke mesJeeDeeW keer mLeeeer meefceefle keer efmeHeeefjMeeW kes DevegHeeueve kees megefveefele kejvee. DeefOeefveCe&e keer leejerKe mes leerve cenerves mes DeefOeke DeJeefOe yeerle peeves hej Yeer ueeiet ve efkees iees yekeeee DeefOeefveCe&eeW leLee yeQefkebie ueeskeHeeue eje yeQefkebie mesJeeSb Heoeve kejves ceW HeeF& ieF& keefceeeW keer efmLeefle keer meceer#ee kejvee. ce=le peceekelee&DeeW / uee@kej efkejeesoejeW / megjef#ele DeefYej#ee ceW jKeer ieF& JemlegDeeW kes peceekelee&DeeW mes mebyebefOele efveHeeve nsleg 15 efoveeW keer DeJeefOe mes DeefOeke kes yekeeee oeJeeW keer mebKee keer efmLeefle mebyebOeer meceer#ee kejvee.
ii.
ii.
iii.
iii.
88

efJeeere Je<e& 2010-11 kes oewjeve meefceefle keer efvec>eefueefKele leejerKeeW keer eej yew"keW ngF& :
21.06.2010 04.09.2010
2010 -11
During the Financial Year 2010-11, the Committee met -4- times on the following dates: 27.12.2010 26.03.2011
efveosMekeeW keer GheefmLeefle kee efJeJejCe Fme ekeej nw : efveosMeke kee veece
The details of attendance of the Directors are as under: Period
DeJeefOe
Meetings held during their tenure

04 04 04 01 04 03

Meetings attended 04 04 04 01 04 03
eer Sce.[er.ceuee eer jepeerJe kegceej ye#eer eer Sve. Sme. eerveeLe eer S.meescemegvojce [e@. (eerceleer) cemej&le Meeefno eer ceewefueve S. Jew<CeJe
Shri M. D. Mallya Shri Rajiv Kumar Bakshi Shri N. S. Srinath Shri A. Somasundaram Dr.(Smt.) Masarrat Shahid Shri Maulin A. Vaishnav
01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 31.03.2011 01.04.2010 to 29.07.2010 01.04.2010 to 31.03.2011 03.09.2010 to 31.03.2011
(Ke) eenke mesJee mebyebOeer mLeeeer meefceefle

Yeejleere efj]peJe& yeQke kes efoMee efveoxMeeW kes Devegmeej, yeQke kes efveosMekeeW keer ieef"le GHemeefceefle kes Deefleefjkele yeQke ves ieenke mesJeeDeeW Hej eefeeeDeeW leLee keee&efve<Heeove uesKeeHejer#ee Hej Ske mLeeeer meefceefle kee Yeer ie"ve efkeee nw efpemeceW yeQke kes oesveeW keee&keejer efveosMeke, 4 ceneHeyebOeke leLee 3 Deve eefleefle meeJe&peefveke Jeefkele meome kes He ceW Meeefceue nQ. Fme meefceefle kee ie"ve efJeMes<e He mes pevemeeceeve kees HeeHle yeQekebie f megeJeOeeDeeW Hej Oeeve kesefvle kejves leLee (i) mesJee kes ceewpetoe mlej kes f yeWeceeke& (ii)DeeJeefOeke Heieefle keer meceer#ee (iii) meceeyelee SJeb iegCeJeee kees ye{eves (iv) Heeeeseiekeer Gvveeve kes cesvepej Heeeee kees egekelemebiele w f f f yeveeves (v) HeefjJeefle&le HeefjefmLeefleeeW kes DevegHe mecegeele Heelmeenve nsleg f s megPeeJe osves keer DeeJeMekelee Hej Oeeve osves nsleg efkeee ieee nw.
(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. 4.7 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 31st March, 2011 is as under : (i) Shri Alok Nigam (ii) Shri R. Gandhi (iii) Shri Ajay Mathur (iv) Dr. Dharmendra Bhandari
4.7 Heeefjeefceke meefceefle Yeejle mejkeej ves DeHeveer DeefOemetevee mebKee SHe veb.20/1/2005 yeerDees. DeeF& efoveebke 09 ceee&, 2007 kes eje meeJe&peefveke #es$e kes yeQkeeW kes HetCe&keeefueke efveosMekeeW kes efueS keee&efve<Heeove mebye Heeslmeenve keer Iees<eCee keer. en Heeslmeenve efJeiele efJeeere Je<e& kes oewjeve efJeefYevve DevegHeeuevee efjHeeseX Hej DeeOeeefjle ue#eeW SJeb yeWeceeke& kes DevegHe keee&efve<Heeove cetueebkeve, efpemeceW iegCeJeee Deewj cee$ee oesveeW kee meceeJesMe nw, Hej DeeOeeefjle nw. Gkele efoMee efveoxMeeW kes DevegHeeueve ceW Je<e& kes oewjeve keee&efve<Heeove kes cetueebkeve leLee ose/DeJee[& keer peeves Jeeueer Heeslmeenve jeefMe nsleg efveosMeke ceb[ue keer Heeefjeeefceke meefceefle kee ie"ve efkeee ieee.
meefceefle keer 31 ceee& 2011 keer mebjevee Fme Hekeej nw :
(i) (ii) (iii) (iv)
eer Deeueeske efveiece eer Deej. ieebOeer eer Depee ceeLegj [e@. Oecex Yeb[ejer
89
2010 -11
efJeeere Je<e& 2010-11 kes oewjeve meefceefle keer 8 ceF& 2010 kees Ske yew"ke ngF& efpemeceW meYeer meome GHeefmLele Les. THej GefuueefKele DeefOemetevee keer MeleeX kes DevegHe meefceefle ves efJeeere Je<e& 2009-10 kes efueS veeres efoes ieS efJeJejCe kes Devegmeej efvecveefueefKele efveosMekeeW kees eeslmeenveeW kee Yegieleeve kejves kee efveCe&e efueee.
Sr. No
During the Financial Year 2010-11, the Committee met once on 8th May, 2010 wherein all members were present. In terms of the aforesaid notification, the Committee decided to pay incentives for the Financial Year 2009-10 to the following Directors as per details given below:
e. meb
veece / Name
heo / Designation
Performance Linked Incentives for the Financial Year 2009-10 (`) 1 2 3 4
efJeeere Je<e& 2009-10 kes efueS keee&efve<heeove mebyebOe, eeslmeenve
eer Sce.[er.ceuee DeOe#e SJeb eyebOe efveosMeke eer Jeer. mevleevejeceve * keee&keejer efveosMeke eer jepeerJe kegceej ye#eer keee&keejer efveosMeke eer Sve. Sme. eerveeLe * keee&keejer efveosMeke
Shri M. D. Mallya Chairman and Managing Director Shri V. Santhanaraman* Executive Director Shri Rajiv Kumar Bakshi Executive Director Shri N. S. Srinath* Executive Director
8,00,000.00 2,72,466.00 6,50,000.00 2,04,795.00
* Heeslmeenve jeefMe kee Yegieleeve yeQke ceW Gvekes keee&keeue kes DevegHeele ceW efkeee
ieee. 4.8 veeceebkeve meefceefle
* Incentive payment made in proportion to his respective tenure in the Bank. 4.8 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 Nomination Committee has been constituted. The composition of the Committee as on 31st March 2011 is as under: (i) Shri Alok Nigam (ii) Shri Ajay Mathur (iii) Dr. (Smt.) Masarrat Shahid During the Financial Year 2010-11, the Committee met once on 27th April, 2010, wherein all members were present except Shri Alok Nigam. The meeting was convened to ascertain Fit and Proper status of the elected Shareholder Directors as per RBI guidelines in respect of -3- directors under this category namely (i) Dr. Dharmendra Bhandari, (ii) Dr. Deepak B. Phatak and (iii) Shri Maulin A. Vaishnav. The Committee found all of them Fit and Proper. 4.9 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.
Yeejleere efjpeJe& yeQke ves yeQkekeejer kebHeveer (GHeeceeW kee Depe&ve Deewj DevlejCe) DeefOeefveece 1970/80 keer Oeeje 9(3)(DeeF&) kes HeeJeOeeveeW kes Debleie&le je<êreke=le yeQkeeW kes efveosMeke ceb[ue ceW efveosMeke kes He ceW eeve nsleg 'efHe SC[ ee@hej' ceeveoC[ efveOee&efjle efkeS nQ. Yeejleere efj]peJe& yeQke eje peejer efoMee efveoxMeeW kes DevegHe veeceebkeve meefceefle ieef"le kejvee DeHesef#ele nw efpemeceW efveosMeke ceb[ue ceW mes kece mes kece leerve efveosMeke (meYeer mJelev$e / iewj keee&Heeueke efveosMeke) Meeefceue neW. Gkele efoMee-efveoxMeeW keer DevegHeeuevee ceW Ske 'veeceebkeve meefceefle' kee ie"ve efkeee ieee nw. 31.03.2011 keer efmLeefle kes DevegHe meefceefle keer mebjevee Fme Hekeej nw :
(i)
eer eer Deeueeske efveiece (ii) eer Depee ceeLegj (iii) [e@. (eerceleer) cemej&le Meeefno
efJeeere Je<e& 201011 kes oewjeve meefceefle keer efoveebke 27 Deewue 2010 kees Ske yew"ke ngF& efpemeceW eer Deeueeske efveiece kes DeueeJee meYeer meome GHeefmLele Les. yew"ke kee Deeeespeve yeQke kes eeefvele Mesej Oeejke-3- efveosMekeeW (i) [e@. OeceX Yeb[ejer (ii) [e@. oerheke yeer. Heeke leLee (iii) eer ceewefueve S. Jew<CeJe kee Yeeleere efj]peJe& yeQke kes efoMeeefveoxMeeW kes Deveghe mecegefele DeLee&le efHe SC[ eehej msme megefveefMele kejvee Lee. meefceefle ves meYeer kees efHe Sb[ eeshej heeee.
4.9 efveosMekeeW keer meefceefle

DeOe#e SJeb eyebOe efveosMeke SJeb Yeejle mejkeej leLee Yeejleere efj]peJe& yeQke kes veeefceleer efveosMekeeW keer Ske meefceefle ieef"le keer ieF& nw pees Jeefj mlej kes HeoesVeefle mebyebOeer keee& kejleer nw. en meefceefle meleke&lee mebyebOeer DevegMeemeefveke ceeceueeW Deewj efJeYeeieere peebees keer meceer#ee kee keee& Yeer kejleer nw.
90

31 ceee& 2011 leke meefceefle keer mebjevee Fme ekeej nw:
(i) (ii) (iii)
2010 -11
eer Sce.[er.ceuee eer Deeueeske efveiece eer Deej. ieebOeer
The composition of the Committee as on 31st March 2011 is as under: (i) Shri M. D. Mallya (ii) Shri Alok Nigam (iii) Shri R. Gandhi The Committee met -4- times during the Financial Year 2010-11 on the following dates: 27.12.2010 26.03.2011
efJeeere Je<e& 2010-11 kes oewjeve meefceefle keer efvec>eefueefKele efJeJejCe Devegmeej 4 yew"keW ngF&.
09.05.2010 04.09.2010
efveosMekeeW keer GheefmLeefle kee efJeJejCe Fme ekeej nw : meome kee veece
Name
The details of attendance of directors are as under:
Gvekes keee&keeue kes oewjeve Deeeesefpele yew"keeW keer mebKee

Meetings held during their tenure 04 04 01 03 4.10 Committee on High Value Frauds
Meetings Attended 04 04 01 03
yew"keeW keer mebKee efpeveceW Yeeie efueee
eer Sce.[er.ceuee eer Deeueeske efveiece eer S.meescemegvojce eer Deej. ieebOeer
Shri M. D. Mallya Shri Alok Nigam Shri A. Somasundaram Shri R. Gandhi
4.10 ye[er jeefMe keer OeesKeeOe[er kes yeejs ceW meefceefle

Yeejleere efj]peJe& yeQke kes heefjheceebke DeejyeerDeeF& /2004.15/[eryeerSme. SHepeerJeer(SHe) e. 1004/23.04.01.S/2003-04 efoveebke 14 peveJejer 2004 kes efveoxMeevegmeej nceejs yeQke ceW .1/- kejes[ Deewj Gmemes DeefOeke keer jeefMe kes OeesKeeOe[er mebyebOeer ceeceueeW keer cee@veerefjbie kes efueS efveosMeke ceb[ue keer efJeMes<e meefceefle kee ie"ve efkeee nw. meefceefle kes cegKe keeeex ceW Deve yeeleeW kes meeLe-meeLe 1.00 kejes[ Hees Deewj Gmemes THej keer jeefMe keer OeesKeeOe[er keer efveiejeveer leLee meceer#ee Meeefceue nw leeefke(ke) OeesKeeOe[er kes DeeHejeefOeke ke=le ceW eCeeueeriele KeeefceeeW kee Helee ueieeves Deewj Gve Hej efveeb$eCe kejves kes efueS GHeee efkees pee mekeW (Ke) OeesKeeOe[er kes Helee ueieeves ceW efJeuecye kes keejCeeW keer Heneeve leLee yeQke leLee Yeejleere efjpeJe& yeQke kes Ge eyebOekeesb kees Gmekeer efjHeesefie (ie) meeryeerDeeF&/Hegefueme peeBe - He[leeue keer eieefle leLee Jemetueer keer efmLeefle (Ie) en megefveefele kejvee efke OeesKeeOe[er kes meYeer ceeceueeW ceW meYeer mlejeW Hej meHe GejoeefelJe kee Hejer#eCe nes Deewj meHe Hej keej&JeeF&, eefo DeHesef#ele nes, DeefJeuebye nes (e) OeesKeeOe[er keer HegvejeJe=efe kes efveJeejCe kes efueS keer ieF& GHeeejelceke keej&JeeF& keer eYeeJeeslHeeokelee keer meceer#ee eLee Deebleefjke efveeb$eCe kees meMekele kejvee Deewj () OeesKeeOe[er kes efKeueeHe efveJeejke GHeeeeW kees meMekele kejves kes efueS eLeeJeMeke Deve GHeee kejvee. efveosMeke ceb[ue kes 5 meomeeW keer ieef"le efJeMes<e meefceefle ceW (ke) DeOe#e SJeb eyebOe efveosMeke (Ke) Smeeryeer kes oes meome (ie) Yeejleere efjpeJe& yeQke kes veeefceefle kees Meeefceue vener kejles ngS efveosMeke ceb[ue kes 2 Deve meomeeW kee meceeJesMe nw. 31 ceee& 2011 kees meefceefle keer mebjevee efvecveevegmeej nw.
(i)
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 `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 `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, 2011 is as under: (i) Shri M. D. Mallya (ii) Shri Alok Nigam (iii) Dr. Dharmendra Bhandari (iv) Dr. Deepak B. Phatak (v) Shri Maulin A. Vaishnav
eer Sce.[er.ceuee eer Deeueeske efveiece (iii) [e@. Oecexv Yeb[ejer (iv) [e@. oerheke yeer. Heeke (v) eer ceewefueve S. Jew<CeJe
(ii)
91
2010 -11
efJeeere Je<e& 201011 kes oewjeve meefceefle keer 4 yew"keW Deeeesefpele keer ieF&. efJeJejCe Fme ekeej nw:
25.05.2010 04.09.2010
The Committee met -4- times during the Financial Year 2010-11 as per the details below : 09.11.2010 26.03.2011
efveosMekeeW keer GheefmLeefle kee efJeJejCe Fme ekeej nw : meome kee veece
Name
The details of attendance of directors are as under:
Gvekes keee&keeue kes oewjeve Deeeesefpele yew"keeW keer mebKee

Meetings held during their tenure 04 04 03 04 04 01 5. Remuneration of Directors
Meetings Attended 04 03 03 03 03 01
yew"keeW keer mebKee efpeveceW Yeeie efueee
eer Sce.[er.ceuee eer Deeueeske efveiece [e@ Delegue DeeJeeue [e@. oerheke yeer. Heeke eer ceewefueve S. Jew<CeJe [e@. Oecexv Yeb[ejer
Shri M. D. Mallya Shri Alok Nigam Dr. Atul Agarwal Dr. Deepak B. Phatak Shri Maulin A. Vaishnav Dr. Dharmendra Bhandari
5.
efveosMekeeW kee Heeefjeefceke iewj keee&keejer efveosMekeeW keer ee$ee leLee "njves Hej nesves Jeeues Jee meefnle Heeefjeefceke kee Yegieleeve je<êreke=le yeQke (HeyebOeve SJeb efJeefJeOe HeeJeOeeve) eespevee 1970 (eLee mebMeesefOele) keer Oeeje 17 ceW GefuueefKele MeleeX kes DevegHe mecee-mecee Hej kesv mejkeej eje Yeejleere efjpeJe& yeQke kes HejeceMe& mes peejer efkeS ieS efveOee&jCeeW kes DevegHe efkeee pee jne nw.
DeOe#e SJeb HeyebOe efveosMeke leLee keee&keejer efveosMeke kees Heeefjeefceke kee Yegieleeve Jesleve kes He ceW Yeejle mejkeej eje efveOee&efjle efveeceeW kes DevegHe efkeee peelee nw. DeOe#e SJeb HeyebOe efveosMeke leLee keee&keejer efveosMekeeW kees Yegieleeve efkeS ieS Heeefjeefceke keee& efve<heeove mebye eeslmeenve kee yeewje efvecveevegmeej nw:
ke) efJeeere Je<e& 2010-11 kes oewjeve Jesleve SJeb Sefjeme& kee Yegieleeve veece / Name eer Sce.[er.ceuee
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 & 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 including Arrears paid during the Financial Year 201011: Amount (`) 13,87,200.00 11,87,145.00 11,52,552.00
Sr. No 1 2 3
e. meb.
heoveece / Designation DeOe#e SJeb eyebOe efveosMeke keee&keejer efveosMeke keee&keejer efveosMeke
Shri M. D. Mallya
Chairman and Managing Director Executive Director Executive Director
eer jepeerJe kegceej ye#eer eer Sve. Sme. eerveeLe
Shri Rajiv Kumar Bakshi Shri N. S. Srinath
92

Ke. Je<e& 201011 kes efueS oewjeve Yegieleeve efkeS keee&efve<Heeove menye Heeslmeenve:
Sr. No B.
2010 -11
Performance Linked Incentives paid during 2010-11:
e. meb.
veece / Name
heoveece / Designation
1 2 3 4
eer Sce.[er.ceuee
Shri M. D. Mallya
DeOe#e SJeb eyebOe efveosMeke keee&keejer efveosMeke keee&keejer efveosMeke keee&keejer efveosMeke
Executive Director
Performance Linked Incentives for the Financial Year 2009-10 (`) 8,00,000.00 2,72,466.00 6,50,000.00 2,04,795.00
keee&efve<heeove menye eeslmeenve jeefMe efJeeere Je<e& 2009-10
Chairman and Managing Director
eer Jeer. mevleevejeceve*
Shri V. Santhanaraman*
eer jepeerJe kegceej ye#eer eer Sve. Sme. eerveeLe*
Shri Rajiv Kumar Bakshi Shri N. S. Srinath*
Executive Director Executive Director * Incentive payments made in proportion to his respective tenure in the Bank. The Sitting Fee paid to the Non-Executive Directors during the Year 2010-11 is as under: (No sitting fee is payable to whole time directors and director representing Government of India) :
* Heeslmeenve jeefMe kee Yegieleeve yeQke ceW Gvekes keee&keeue keer DeJeefOe kes DevegHeele ceW efkeee ieee. Je<e& 201011 kes oewjeve iewj-keee&keejer efveosMekeeW kees efoee ieee yew"ke menYeeefielee Meguke efJeJejCe efvecveefueefKele Devegmeej nw (HetCe&keeefueke efveosMekeeW leLee Yeejle mejkeej eje veeefcele efveosMeke kees efkemeer Hekeej kee yew"ke menYeeefielee Meguke ose veneR nw):
e. meb.
Sr. No. 1 2 3 4 5 6 7 8 9 10 11
efveosMeke kee veece
Name of the Director Shri A. Somasundaram Shri Milind N. Nadkarni Shri Ranjit Kumar Chatterjee Dr. Atul Agarwal Dr. (Smt.) Masarrat Shahid Dr. Dharmendra Bhandari Dr. Deepak B. Phatak Shri Maulin A. Vaishnav Shri Ajay Mathur Shri Satya Dev Tripathi Shri V. B. Chavan 6. General Body Meetings
Yegieleeve keer ieF& jeefMe (.)

Amount Paid in ` 75,000.00 7,500.00 70,000.00 1,42,500.00 1,40,000.00 75,000.00 1,12,500.00 1,42,500.00 1,55,000.00 95,000.00 5,000.00
6.
eer S.meescemegvojce eer efceefuevo Sve.vee[keCeea eer jbpeerle kegceej epeea [e@. Delegue DeeJeeue [e@.(eerceleer) cemej&le Meeefno [e@. Oecexv YeC[ejer [e@. oerHeke yeer. Heeke eer ceewefueve S. Jew<CeJe eer Depee ceeLegj eer mele osJe ef$ehee"er eer Jeer. yeer. eJneCe meeceeve meYee keer yew"keW meeceeve meYee keer iele leerve Je<eeX kes oewjeve Deeeesefpele yew"keeW kee efJeJejCe efvecveevegmeej nw : efoveebke SJeb mecee
Date & Time
The details of General Body Meetings held during the last three years are given below:
yeQ"ke kee mJehe yeejnJeeR Jeeef<e&ke meeceeve yew"ke
Nature of Meeting
mLeeve
Venue
eeespeve
Purpose
12th Annual General Meeting
28 pegueeF&, 2008 kees eele: 10.30 yepes

28th July, 2008 at 10.30 a.m.
ees. meer.meer. cesnlee Dee@[eresefjece, pevejue SpetkesMeve mesvj, cenejepee meeepeerjeJe etefveJeefme&er ye[ewoe, Je[esoje 390 002.
Prof. C.C. Mehta Auditorium, General Education Centre, Maharaja Sayajirao University of Baroda, Vadodara 390 002
yeQke kes 31 ceee&, 2008 kees meceeHle DeJeefOe kes legueveHe$e, 31 ceee&, 2008 kees meceeHle Je<e& kes ueeYe SJeb neefve Keeles, yeQke keeeexb SJeb ieefleefJeefOeeeW Hej efveosMeke ceb[ue keer efjHees& leLee legueveHe$e SJeb uesKeeW Hej uesKee Hejer#ekeeW keer efjHees& Hej eee&, Fmekee Devegceesove SJeb mJeerkeej kejvee leLee Je<e& 2007-08 kes efueS ueeYeebMe Ieese<ele kejvee. f
To discuss, approve and adopt the Balance Sheet of the Bank as on 31st March 2008, Profit & Loss Account for the year ended 31st March 2008, the Report of Board of Directors on the working and activities of the Bank and the Auditors Report on the Balance Sheet and Accounts and to declare Dividend for the year 2007-08.
93
2010 -11
yeQ"ke kee mJehe DemeeOeejCe meeceeve yew"ke
Nature of Meeting
efoveebke SJeb mecee

Date & Time
mLeeve
Venue
eeespeve
Purpose
Extra Ordinary General Meeting
23 efomebyej, 2008 kees eele: 10.00 yepes

23rd December, 2008 at 10.00 a.m.
ees. meer.meer. cesnlee Dee@[eresefjece, pevejue SpetkesMeve mesvj, cenejepee meeepeerjeJe etefveJeefme&er ye[ewoe, Je[esoje 390 002.
yeQkekeejer kecheveer (GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece, 1970 keer Oeeje 9(3) (DeeF&) SJeb yeQke Dee]@He ye[ewoe meeceeve (Mesej SJeb yew"ke) efJeefveece, 1998 kes DevegHeeueve ceW keW mejkeej mes efYeVe MesejOeejkeesb ceW mes -3- efveosMekeeW kee efveJee&eve.
Election of three Directors from amongst Shareholders other than Central Government in pursuance 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.
lesjnJeeR Jeeef<e&ke meeceeve yew"ke

2nd July, 2009 At 10.30 a.m.
ees. meer.meer. cesnlee Dee@[eresefjece, pevejue SpetkesMeve mesvj, cenejepee meeepeerjeJe etefveJeefme&er ye[ewoe, Je[esoje 390 002
yeQke kes 31 ceee&, 2009 kees meceeHle DeJeefOe kes legueveHe$e, 31 ceee&, 2009 kees meceeHle Je<e& kes ueeYe SJeb neefve Keeles, yeQke keeeexb SJeb ieefleefJeefOeeeW Hej efveosMeke ceb[ue keer efjHees& leLee legueveHe$e SJeb uesKeeW Hej uesKee Hejer#ekeeW keer efjHees& Hej eee&, Fmekee Devegceesove SJeb mJeerkeej kejvee leLee Je<e& 2008-09 kes efueS ueeYeebMe Ieesef<ele kejvee.
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 Auditors Report on the Balance Sheet and Accounts and to declare Dividend for the year 2008 09.
14JeeR Jeeef<e&ke meeceeve yew"ke

5th July, 2010 At 10.30 a.m.
ees. meer.meer. cesnlee Dee@[eresefjece, pevejue SpetkesMeve mesvj, cenejepee meeepeerjeJe etefveJeefme&er ye[ewoe, Je[esoje 390 002
yeQke kes 31 ceee&, 2010 kees meceeHle DeJeefOe kee legueveHe$e, 31 ceee&, 2010 kees meceeHle Je<e& kes ueeYe SJeb neefve Keeles, yeQke keeeexb SJeb keee&keueeheeW Hej efveosMeke ceb[ue keer efjHees& leLee legueveHe$e SJeb uesKeeW Hej uesKee Hejer#ekeeW keer efjHees& Hej eee&, Fmekee Devegceesove SJeb mJeerkeej kejvee leLee Je<e& 2009-10 kes efueS ueeYeebMe Ieesef<ele kejvee.
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 Auditors Report on the Balance Sheet and Accounts and to declare Dividend for the year 2009 10.
DemeeOeejCe meeceeve yew"ke
Extra Ordinary General Meeting
29 ceee&, 2011 kees eele: 10.30 yepes
ees. meer.meer. cesnlee Dee@[eresefjece, pevejue SpetkesMeve mesvj, 29th March, 2011 cenejepee meeepeerjeJe etefveJeefme&er ye[ewoe, at 10.30 a.m. Je[esoje 390 002
mesyeer (hetbpeer efveie&ce SJeb ekeerkejCe DeeJeMekelee) efJeefveece 2009 kes Devegmeej DeefOeceeve DeeOeej hej Yeejle mejkeej kees 2,72,79,579 FefkeJeer Mesej peejer kejves Deewj Deeyebefle kejves kes efueS Mesej OeejkeeW kee 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 & Desclosure Requirements) Regulations 2009.
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7. HekeerkejCe (ke) yeQke kee Ssmee keesF& efJeMes<e mebyebefOele Heeea uesve-osve veneR nw efpevekes keejCe yeQke kes JeeHeke efnleeW mes celeYeso keer mebYeeJevee yeveleer nes.
(Ke) mejkeejer keejesyeej kes DeueeJee Deve ceoeW mes HeeHle Meguke, keceerMeve, ieejbefeeW meeKeHe$eeW Hej keceerMeve, efJeefvecee, oueeueer, Deefleose efyeueeW Hej yeepe leLee kece-Oeve JeeHemeer keer ieCevee JeemleefJeke HeeefHle kes DeeOeej Hej keer peeleer nw. (ie) Deveg<ebefieeeW, mebegkele GeceeW leLee Smeesefmees kes MesejeW Hej ueeYeebMe keer ieCevee JeemleefJeke HeeefHle kes DeeOeej Hej keer peeleer nw. (Ie) yeQke Hej efHeues leerve Je<eeX kes oewjeve Hetbpeer yeepeej mes mecye efkemeer Yeer ceeceues ceW efkemeer Yeer efJeefveeeceke HeeefOekeejer DeLee&led me@ke SkemeeWpe Deewj/DeLeJee mesyeer eje efkemeer efveece, efveoxMeeW SJeb efoMeeefveoxMeeW kee DevegHeeueve ve kejves kes efueS ve lees keesF& ob[ ueieeee ieee nw Deewj ve ner efkemeer Hekeej keer Yelme&vee keer ieF& nw. (*) Jele&ceeve ceW kesvere meleke&lee Deeeesie keer 'efJemeue yueesDej Hee@efuemeer' hetCe&leee Heefjeeefuele nw. (e) efveosMekeeW ves metefele efkeee nw efke 31 ceee& 2011 leke efveosMekeeW kes yeere efkemeer ekeej kee HeejmHeefjke mebyebOe vener nw.
7. Disclosures a)
2010 -11
There is no materially significant Related Party Transaction that may have potential conflict with the interests of the Bank at large. Income by way of Fees, Commission other than on Government Business, Commission on Guarantees, LCs, Exchange, Brokerage, Interest on overdue Bills, Advance Bills are accounted for on realization basis. Dividend on Shares in Subsidiaries, Joint Ventures and Associates is accounted on actual realization basis. 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. As on date, the Central Vigilance Commissions Whistle Blower Policy in toto is in place. Directors have disclosed that they have no relationship between directors inter se as on 31st March 2011.
b)
c)
d)
e) f)
8.
DeefveJeee& Deewj iewj-DeefveJeee& DeeJeMekeleeSb

yeQke ves me@ke SkemeeWpeeW, peneb yeQke kes Mesej meteerye nQ, kes meeLe eqkeS ieS meteereve kejej kes mebMeesefOele Keb[ 49 ceW eLee GHeyebefOele meYeer ueeiet DeefveJeee& DeeJeMekeleeDeeW kee DevegHeeueve efkeee nw. iewj-DeefveJeee& DeeJeMekeleeDeeW kes keeee&vJeeve keer ceewpetoe efmLeefle efvecveevegmeej nw :
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 Banks shares are listed. The extent of implementation of non-mandatory requirements is as under:
Sr. No. Non-mandatory requirements 1
ece meb. iewj-DeefveJeee& DeeJeMekeleeSb
keeee&vJeeve keer efmLeefle
Status of Implementation
DeOe#e kes keeee&uee kee jKe-jKeeJe, iewj keee&Heeueke DeOe#e, kebHeveer kes Kee& Hej kejWies.
Non-executive Chairman to maintain Chairmans Office at companys expense.
ueeiet veneR, keeeWefke DeOe#e kee Heo keee&Heeueke kee Heo nw.
Not Applicable, since the Chairmans position is Executive.
efveosMeke ceb[ue Ske Heeefjeefceke meefceefle ieef"le kejsiee pees keee&keejer efveosMekeeW kes efueS efJeefMe< Heeefjeefceke Hewkespe mebyebOeer kebHeveer keer Heeefjeefceke veerefle leweej kejsieer.
Board to set-up a Remuneration Committee to formulate companys remuneration policy on specific remuneration package for Executive Directors.
ueeiet veneR, keee&Heeueke efveosMeke, Yeejle mejkeej eje efveele Jesleve HeeHle kejles nQ. leLeeefHe, keW mejkeej eje peejer efoMeeefveos&MeeW kes Devegmeej keee&jle keee&efve<Heeove menye eeslmeenve Hej efJeeej kejves kes efueS Ske Heeefjeefceke meefceefle keee&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.
iele 6 ceen kes oewjeve cenlJeHetCe& IeveeDeeW kes meejebMe meefnle efJeeere keee&-efve<Heeove keer ceener Iees<eCee MesejOeejkeeW kees Yespevee.
Half-yearly declaration of financial performance including summary of significant events in last six months to be sent to shareholders.
30.09.2010 kees meceeHle ceener kes efueS yeQke ves iele 6 ceen kes oewjeve cenlJeHetCe& IeveeDeeW kes meejebMe meefnle efJeeere keee&-efve<Heeove kee ceener HeefjCeece Heleske MesejOeejke kees Yespe efoee nw. Fmekes Deefleefjkele yeQke kes efJeeere HeefjCeece yeQke keer JesyemeeF Hej [eues peeles nQ.
The Bank has sent half-yearly financial results for the half year ended 30.09.2010 including summary of significant developments during last six months to each shareholder. Besides the financial results are posted on Banks website.
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2010 -11
Sr. No. Non-mandatory requirements 4
ece meb. iewj-DeefveJeee& DeeJeMekeleeSb
keeee&vJeeve keer efmLeefle
Status of Implementation
kebHeveer kees DevekeJeeefueHeeF[ efJeeere efJeJejefCeeeW keer JeJemLee kees Deheveevee eeefnS.
Company may move towards regime of unqualified financial statements.
yeQke ves DevekeJeeefueHeeF[ efJeeere efJeJejefCeeeW keer Deesj Deiemej nesves kes efueS keF& keoce G"ees nw.
The Bank has initiated steps for moving towards achieving unqualified financial statements.
kebHeveer efveosMeke ceb[ue kes meomeeW kees efveosMeke kes He ceW efpeccesoejer Jenve Deewj Gvekee meJeexece {bie mes efveJe&nve kejves kes efueS kebHeveer kes JeeJemeeefeke cee@[ue ceW HeefMeef#ele kejves kes meeLe-meeLe kebHeveer kes JeeJemeeefeke ceeveob[eW keer peesefKece HeesHeeFue kes yeejs ceW HeefMeef#ele kejs.
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.
efveosMeke ceb[ue eje DeheveeS ieS JeeJemeeefeke cee@[ue Deewj peesefKece HeesHeeFue kes meeLe-meeLe Deeeej mebefnlee keer mebhetCe& peevekeejer yees[& kes eleske meome kees mebHesef<ele keer ieF& nw. yeQke S[Jeebmed[ HeeFveWefMeeue ueefveie nsleg efveosMekeeW kees Yeejleere efjpeJe& yeQke cegbyeF& kesv Hej HeefMe#eCe nsleg veeefcele kejlee 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.
efveosMeke ceb[ue kes Deve meomeeW eje iewj- keee&Heeueke efveosMekeeW kes keee&-efve<Heeove kee cetueebkeve Deewj iewj-keee&Heeueke efveosMekeeW kes efveosMeke Heo Hej yeves jnves ee DeveLee efveCe&e uesvee.
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.
Yeejleere efj]peJe& yeQke kes efoMee-efveoxMeeW kes DevegHe Ske veeceebkeve meefceefle kee ie"ve efkeee ieee nw leLee eeefvele/veeefcele efveosMekeeW Hej yeQkekeejer kebHeveer (GHeeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970 keer Oeeje 9(3)(DeeF&) kes DeOeerve efHe SC[ ee@hej efoMee-efveoxMe ueeiet nesles nw.
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.
kebHeveer Devewefleke JeJenej, JeemleefJeke DeLeJee mebosnemHeo OeesKee-Oe[er Deeefo kes meoYe& ceW HeyebOeve keer efebleeDeeW kes yeejs cessb efjHees& kejves kes efueS hetJe& mebkesle 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.
Jele&ceeve ceW kesvere meleke&lee keceerMeve keer hetJe& mebkesle (efyemeue yueesDej) veerefle hetCe&leee heefjeeefjle nw.
As on date, the Central Vigilance Commissions Whistle Blower Policy in toto is in place.
9.
mebHes<eCe kes meeOeve yeQke, efJekeefmele metevee Heeweesefiekeer SJeb mebeej kes meeOeveeW kes ceeOece mes DeHeves meomeeW Deewj efnleOeejkeeW kees Gvekes efnleeW mes mebye peevekeeefjeeW kes yeejs ceW metefele kejves keer DeeJeMekelee mecePelee nw. yeQke kes efJeeere HeefjCeeceeW kees, efveosMeke ceb[ue keer yew"ke ceW Gvekes Devegceesove kes Heeele yew"ke keer meceeeqHle Hej lelkeeue Gve me@ke SkemeeWpees kees emlegle efkeee peelee nw peneb Hej yeQke keer eefleYetefleeeb meteerye nQ. es HeefjCeece oes ee DeefOeke meceeeej He$eeW ceW Yeer HekeeefMele kejJeeS peeles nQ efpeveceW mes Ske Ssmee meceeeej He$e neslee nw efpemekee Hemeej Hetjs Yeejle ceW nes Deewj otmeje meceeeej He$e Ssmee neslee nw efpemekee Hemeej iegpejele jepe ceW nes, peneb yeQke kee eOeeve keeee&uee efmLele nw. yeQke ceener DeeOeej Hej DeHeves MesejOeejkeeW kees HeefjCeeceeW keer Heefle Hesef<ele kejlee nw. yeQke DeHeves efJeeere HeefjCeeceeW leLee YeeJeer eespeveeDeeW keer Iees<eCee kejves kes efueS Svesefuem yew"keW, esme keebesme Fleeefo Yeer Deeeesefpele kejlee nw. yeQke kes efleceener / Fej t [s / Jeeef<e&ke efJeeere HeefjCeeceeW kes meeLemeeLe Svesefuem kees efoS ieS espeWsMeve keer eefle leLee Deve DeeefOekeeefjke meceeeej yeQke keer JesyemeeF http://www.bankofbaroda.com Hej GHeueyOe jnleer nQ.
9.
Means of Communication The Bank recognizes the need for keeping its members and stakeholders informed of the events of their interests through present advanced information technology and means of communication. The financial results of the Bank are submitted to the stock exchanges, where the securities of the Bank are listed, immediately after the conclusion of the Board Meeting approving the same. The results are also published in minimum two or more newspapers, one circulating in the whole or substantially the whole of India and the other circulating in the state of Gujarat where the Head Office of the Bank is situated. The Bank furnishes results to the Shareholders on Half Yearly basis. The Bank also organizes analysts-meets, press conferences, etc. for announcing Banks financial results and its future plans. The Quarterly / Year to Date / Annual Financial Results of the Bank as well as the copy of presentation made to Analysts and other official news are posted on the Banks Website http://www.bankofbaroda.com
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keeheexjs ieJeveXme kes lenle heee&JejCe GheeeeW kes he ceW meYeer MesejOeejkeeW efpevekes heeme Mesej Yeewefleke he ceW nQ, mes DevegjesOe nw efke Jes Deheves F&cesue DeeF&[er nceejs heeme ee nceejs jefpemêj kes heeme efpemekee helee Fme efjhees& Deve$e efoee ieee nw, kes heeme hebpeerke=le kejJee oW leeefke nce omleeJespe, veesefme, mebes<eCe, Jeeef<e&ke efjhees& Deeefo F&-cesue kes ceeOece mes Yespe mekeW. Jes MesejOeejke efpevekes heeme Mesej DeYeewefleke he ceW nQ, Gvemes DevegjesOe nw efke Jes Gheeg&e eeespeve kes efueS Deheves F&-cesue DeeF&[er mebyebefOele ef[heespeerjer eefleYeeieer kes heeme hebpeerke=le kejJee oW. yeQke kes Mesej efvecveefueefKele me@ke SkemeeWpeeW ceW meteerye nQ :
1
2010 -11
As a Green Initiative under Corporate Governance, all 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. 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. Shareholders Information The Banks shares are listed on the following major Stock Exchanges in India: 1 Bombay Stock Exchange Ltd., Phiroze Jeejeebhoy Towers 25th Floor, Dalal Street Fort, Mumbai - 400 001 BSE CODE : 532134 National Stock Exchange of India Ltd., Exchange Plaza Bandra Kurla Complex, Bandra,(East), Mumbai - 400 051 NSE CODE : BANKBARODA The annual listing fees in respect of all the securities listed with the exchange(s) have been paid till date. 10.1 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 Banks shares. Shareholders can get their shares dematerialized with either NSDL or CDSL. As on March 31, 2011 the Bank has 391546079 Number of Equity Shares of which 355589031 Shares are held in dematerialized form, as per the detail given below.
10. MesejOeejkeeW mes mebye metevee
yee@cyes me@ke SkemeeWpe efueefces[ efHejespe peerpeerYeeF& eJeme& 25 Jeeb leue, oueeue mêr Hees&, cebgyeF& 400 001 yeerSmeF& kees[ : 532134 vesMeveue me@ke SkemeeWpe Dee@He Fbef[ee efue. SkemeeWpe huee]pee yeebe keguee& kee@cHueskeme] yeebe (HetJe&)] cebgyeF& 400 051] SveSmeF& kees[ : BANKBARODA
SkemeeWpees ceW meteerye meYeer eefleYetefleeeW kes mecyebOe ceW Deye leke kes Jeeef<e&ke meteereve Meguke kee Yegieleeve kej efoee ieee nw. 10.1 HeefleYetefleeeW kee De-YeeweflekeerkejCe yeQke kes Mesej mesyeer keer DeefveJeee& DeYeeweleke meteer kes Debleie&le Deeles nQ Deewj f yeQke ves DeHeves MesejeW kes DeYeewelekeerkejCe kes efueS vesMeveue efmekeeesejer f f ef[Heesepejer efue. (SveSme[erSue) leLee meWue ef[Hee@epejer meefJe&mespe (Fbe[ee) f ^ f f efue. (meer[erSmeSue) kes meeLe kejej efkeee nw. MesejOeejke SveSme[erSue DeLeJee meer[erSmeSue kes Heeme DeHeves MesejeW kees DeYeewelekeerke=le kejJee mekeles nQ. f 31 ceee& 2011 kees yeQke kes Heeme 391546079 FefkeJeer Mesej Les efpeveceW mes 355589031 Mesej De-Yeewefleke He ceW Oeeefjle nw efpevekee efJeJejCe efvecveevegmeej nw. Oeeefjlee kee mJeHe Yeewefleke De-Yeewefleke kegue
Nature of Holding Physical Dematerialized Total
MesejeW keer mebKee / Number of shares

35957048 355589031 391546079
HeefleMele / Percentage
9.18 90.82 100.00
yeQke eje Je<e& 2003 ceW 27,38,300 FefkeJeer Mesej peyle efkeS ieS efpeveceW mes 31 ceee& 2011 leke 4,800 FeqkeJeer Mesej (Svetuue[) DeefYeMetve efkeS ieS. 10.2 Fueskeê@efveke meceeMeesOeve mesJeeSb (F&meerSme)
Fueskeê@efveke meceeMeesOeve mesJeeSb (F&meerSme) Yegieleeve kee Ske DeeOegefveke lejerkee nw efpemeceW ueeYeebMe / yeepe Fleeefo keer jeefMeeeb mebyebefOele efveJesMekeeW kes yeQke Keeles ceW meerOes ner pecee kej oer peeleer nQ. yeQke ves DeHeves MesejOeejkeeW kees Yeejleere efjpeJe& yeQke keer vesMeveue F&meerSme / F&meerSme megefJeOee kes lenle keJej meYeer keWeW Hej GHeueyOe Fme megefJeOee kee Fmlesceeue kejves kes efJekeuHe kes meeLe mesJeeSb HesMe keer nw. FmeerSme ceW[s eHe$e Jeeef<e&ke efjHees& kes meeLe mebueive nw.
10.3 Mesej DeblejCe HeCeeueer leLee efveJesMekeeW keer efMekeeeleeW kee efveJeejCe yeQke megefveefele kejlee nw efke MesejeW kee DevlejCe mecyebOeer mecemle keee&,
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 2011. 10.2 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. 10.3 Share Transfer System and Redressal of Investors Grievances The Bank ensures that all transfers of Shares are duly
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Gvekeer Hemlegefle keer leejerKe mes Ske ceen kes Yeerlej efJeefOeJeled He mes mebHevve nes peeS. yees[& ves MesejeW Deewj yeeb[eW kes DeblejCe leLee Deve mebye ceeceueeW Hej efJeeej kejves kes efueS MesejOeejke / efveJesMeke efMekeeele meefceefle Deewj Mesej DeblejCe meefceefle ieef"le keer nw. es meefceefleeeb efveeefcele Deblejeue Hej yew"ke Deeeesefpele kejleer nQ Deewj efveJesMeke-efMekeeeleeW keer efmLeefle keer meceer#ee kejleer nQ. yeQke ves cew. keeJeea kebHetjMesej Hee. efue. kees DeHeves jefpemêj Deewj DeblejCe SpeW kes He ceW efveegkele efkeee nw efpemekee keee& Mesej/yeeb[ DeblejCe, ueeYeebMe/yeepe Yegieleeve kees Hee@mesme kejvee, MesejOeejkeeW kes DevegjesOe ope& kejvee, efveJesMekeeW keer efMekeeeleeW kee meceeOeeve leLee Mesej/yeeb[ peejer kejves mebyebOeer Deve ieefleefJeefOeeeb megefveefele kejvee nw. efveJesMeke DeHeves DeblejCe efJeuesKe/DevegjesOe/efMekeeeleW efvecve Heles Hej jefpemêj kees efYepeJee mekeles nQ : cew. keeJeea kebHetjMesej Hee.efue. (FkeeF& : yeQke Dee@He ye[ewoe) Huee@ meb. 17 mes 24, Fcespe DemHeleeue kes Heeme efJeuejeJe veiej, ceeOeeHegj nwojeyeeo - 500 081 Heesve : (040) 23420815 mes 820 leke, Hewkeme : (040) 23420814 F&-cesue : einward.ris@karvy.com yeQke ves efveJesMeke mesJeeSb efJeYeeie keer mLeeHevee keeHeexjs keeee&uee, cebgyeF& ceW Yeer keer nw, efpemekes eYeejer kecheveer meefeJe nQ. peneb MesejOeejke DeHeves DevegjesOeeW / efMekeeeleeW kees meceeOeeve nsleg efvecveefueefKele Heles Hej Yespe mekeles nQ. Jes Deheveer efMekeeeleW / DevegjesOe eOeeve keeee&uee, Je[esoje kees efvecveefueefKele heles hej Yeer Yespe mekeles nQ:
yeQke Dee@]He ye[ewoe efveJesMeke mesJee efJeYeeie HeLece leue, ye[ewoe keeHeexjs meWj meer - 26, peer - yuee@ke, yeebe-keguee& kee@cHueskeme yeebe (HetJe&), cebgyeF& - 400 051 sueerHeesve : (022) 66985000, 6698 5846 Hewkeme : (022) 2652 6660 F& - cesue: investorservices@bankofbaroda.com (Ge F&-cesue DeeF&[er efJeMes<e he mes me@ke SkemeeWpe kes meeLe meteerye nesves kes kejej kes KeC[ 47(SHe) kes DevegmejCe ceW efveJesMekeeW keer efMekeeeleeW nsleg yeveeee ieee nw) yeQke Dee@]He ye[ewoe cegKe HeyebOeke eenke mesJee Dee"Jeeb leue, metjpe Hueepee -I, meeepeeriebpe, Je[esoje 390 005. sueerHeesve : 0265 - 2361724 Hewkeme veb. : 0265 - 2361824 F& - cesue : customerservice@
bankofbaroda.com
affected within a period of one month from the date of their lodgment. The Board has constituted Shareholders/ Investors Grievances Committee to monitor and review the progress in redressal of general shareholders and investors 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 Shareholders requests, solution of investors 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, Madhapur Hyderabad - 500 081 Phone: (040) 23420815 to 820, Fax : (040) 23420814 E Mail: einward.ris@karvy.com 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 Baroda Investors Services Department 1st Floor, Baroda Corporate Centre, C-26, G-Block, Bandra-Kurla Complex Bandra (East), Mumbai - 400 051. Telephone : (022) 66985000, 6698 5846 Fax : (022) 2652 6660 E-mail : investorservices@bankofbaroda.com (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 Baroda Chief Manager, Customer Service, 8th Floor, Suraj Plaza - I, Sayajiganj, Vadodara - 390 005 Telephone : 0265 - 2361724 Fax No. : 0265 - 2361824 E-mail : customerservice@ bankofbaroda.com
11. keeHeexjs ieJeveXme jsefbie yeQke Dee@He ye[ewoe Henuee Ssmee meeJe&peefveke #es$e kee yeQke nw efpemes jsefbie Spesvmeer DeeFmeerDeejS efue. eje yeQke keer keeHeexjs ieJeveXme keee& Heefle kees jsefbie Heoeve keer ieF& nw. DeeF&meerDeejS eje Henueer yeej pegueeF&, 2004 ceW meerpeerDeej2 (CGR2 jsefbie) Heoeve keer ieF&. yeQke kees ener jsefbie DeLee&led CGR2 jsefbie Hegve: HejJejer, 2006, efmelecyej, 2007 leLee DeHewue 2010 ceW Yeer Heoeve keer ieF&. Gkele jsefbie mkesue CGR1 mes CGR 6 ceW CGR1 meJeexe jsefbie kenueeleer nw. CGR-2 jsefbie mes DeefYeHeee nw efke jsefbie Spesvmeer DeeF&meerDeejS keer jee ceW yeQke ves Gve heefleeeW, HejcHejeDeeW SJeb mebefnleeDeeW kees DeHeveeee nw leLee Gvekee Heeueve kej jne nw pees yeQke kes efnleOeejkeeW SJeb peceekelee&DeeW kees iegCeJelleeHetCe& kee@Heexjs ieJeveXme kee DeeMJeemeve Heoeve kejlee nw. en jsefbie yeQke keer HeejoMeea mJeeefcelJe mebjevee, megJeJeefmLele keee&Heeueke HeyevOeve mebjevee, meblees<epeveke peesefKece HeyevOeve HeefleeeW, yees[& SJeb Jeefj<" HeyevOeve keer efveegefkeleeeW ceW HejoefMe&lee, efJemle=le SJeb Heefj<ke=le uesKee keee&efJeefOe pees efke efvejer#eCe HeYeeie leLee mJelev$e uesKee HeceeX eje DeHeveeeer peeleer nw, kees oMee&leer nw.
11.
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 CGR2 (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 ICRAs 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 Banks 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.
98

12. efJeeere kewuesv[j efJeeere Je<e& 1 Deewue 2010 mes 31 ceee& 2011
KeeleeW (Skeue) SJeb ueeYeebMe mebyebOeer efmeHeeefjMeeW Hej efJeeej-efJeceMe& kejves nsleg efveosMeke ceb[ue keer yew"ke KeeleeW (mecesefkele) Hej efJeeej-efJeceMe&] kejves nsleg efveosMeke ceb[ue keer yew"ke Yeejleere efjpeJe& yeQke kees KeeleeW keer uesKee Hejeref#ele efJeJejCeer keer Hemleggefle 15JeeR Jeeef<e&ke meeceeve yew"ke keer leejerKe, mecee SJeb mLeeve 28 Deewue 2011
12. Financial Calendar
2010 -11
Financial Year 1st April, 2010 to 31st March, 2011 Board Meeting for considering of Accounts (Standalone) and recommendation of dividend. Board Meeting for considering of Accounts (Consolidated). Submission of audited statement of accounts to RBI. Date, Time & Venue of the 15th AGM 28th April 2011
27 ceF&, 2011 30 ceF&, 2011 04 pegueeF&, 2011 Heele: 10:30 yepes mej meeepeerjeJe veiejie=n, Je[esoje ceneveiej mesJee meove, yeQke Dee@]He ye[ewoe, Meleeyoer Je<e& (2007-08), er.heer.1, SHeheer 549/1. peerF&yeer kee@ueesveer, Deesu[ heeoje jes[, Dekeese, Je[esoje - 390 020 3 mes 6 petve, 2011 MeefveJeej, 25 petve 2011 mes meesceJeej, 4 pegueeF& 2011 (oesveeW efove Meeefceue) 29 petve, 2011 14 pegueeF& 2011 mes hetJe& 14 pegueeF& 2011
27th May 2011
30th May 2011
4th July 2011 at 10.30 a.m. Sir Sayajirao Nagargriha, Vadodara Mahanagar Seva Sadan, Bank of Baroda Centenary Year (2007-08), T.P. 1, F.P. 549/1. Near GEB Colony, Old Padra Road, Akota, Vadodara-390 020. 3rd to 6th June 2011 Saturday, 25th June 2011 to Monday, 04th July 2011 (both days inclusive) 29th June 2011 Before 14th July 2011 14th July 2011
Jeeef<e&ke efjHees& kee Hes<eCe yeefneeb yebo kejves keer leejerKe
Posting of Annual Report Book Closure dates
Hee@kemeer Heece& HeeHle kejves keer Debeflece leejerKe ueeYeebMe kes efueS Jeejb Hesef<ele kejves keer mebYeeefJele leejerKe ueeYeebMe Yegieleeve keer leejerKe
Last Date for receipt of Proxy Forms Probable date of dispatch of warrants for Dividend Payment date - Dividend 13.
13.
31 ceee& 2011 kees MesejOeeefjlee hewve&

Description
Shareholding Pattern as on 31st March 2011
Sr. No. 1 2 3 4 5 6 7 8 9 10 11
ece meb. efJeJejCe
MesejOeejkeeW keer mebKee

2
No. of Share Holders 175 23 23 354 1789 166695 2993 3 19 237 172313
Shares
Mesej FefkeJeer kee HeefleMele

% to Equity 57.03 8.78 0.15 7.06 16.56 4.70 5.13 0.52 0.01 0.01 0.05 100.00
Yeejle mejkeej (eceesme&) cetegDeue Heb[/eterDeeF& efJeeere mebmLeeSb / yeQke yeercee kebheefveeeb efJeosMeer mebmLeeiele efveJesMeke yee@[er kee@Heexjs efveJeemeer Jeweeqkeleke De-efveJeemeer Yeejleere efJeosMeer keeHeexjs efvekeee veeme meceeMeesOeve meome kegue
Govt. of India (Promoters) Mutual Funds/UTI Financial Institutions / Banks Insurance Companies Foreign Institutional Investors Bodies Corporate Resident Individuals Non Resident Indians Overseas Corporate Bodies Trusts Clearing Members Total
223279579 34378300 588219 27648526 64851872 18397057 20117509 2018422 22000 36888 207707 391546079
99
2010 -11
14. 31 ceee& 2011 kees Smeees / Geble Keeleesb ceW He[s ngS MesejeW keer efmLeefle
01.04.2010 kees DeesHeefvebie yewuebme
Opening Balance as on 01.04.2010
14. Status Of Shares Lying In Escrow/Suspense Account as on 31st March 2011
efJeeere Je<e& 2010-11 kes oewjeve eeHle DevegjesOeeW keer mebKee

No. of requests received during the Financial Year 2010-11
Shares credited during the Financial Year 2010-11
efJeeere Je<e& 2010-11 kes oewjeve esef[ efkeS ieS Mesej
31 ceee& 2011 kees Debeflece Mes<e

Closing Balance as on 31st March 2011
ceeceues / Cases
268
*Ssmes
Mesej / Shares
30201
ceeceues / Cases
108
ceeceues / Cases Mesej / Shares

72 7573
ceeceues / Cases
196
Mesej / Shares
22628*
MesejeW kes mener OeejkeeW eje oeJee venerb efkeS peeves leke Fve MesejeW mes mebyebefOele Jees osves kee DeefOekeej jeskee jKee peeS.
*The voting rights on these shares shall remain frozen till the rightful owner of such shares claims the shares.
15.
31 ceee& 2011 kees Mesej OeejkeeW kee esCeerJeej efJelejCe

mebJeie& ceeceueeW keer mebKee
15. Distribution of Shareholders - Categorywise as on 31st March 2011
Category 1 - 5000 5001 - 10000 10001 - 20000 20001 - 30000 30001 - 40000 40001 - 50000 50001 - 100000 100001 & Above Total
No. of Cases 168567 2092 642 191 85 71 143 522 172313
ceeceueeW kee % % of Cases

97.84 1.21 0.37 0.11 0.05 0.04 0.08 0.30 100.00
Total Shares 17808789 1683123 989381 496551 307803 340072 1101593 368818767 391546079
kegue Mesej
jeefMe (Debefkele cetue)

Amount ` (Face Value)
jeefMe kee % % of Amount

4.55 0.43 0.25 0.13 0.08 0.09 0.28 94.19 100.00
178087890.00 16831230.00 9893810.00 4965510.00 3078030.00 3400720.00 11015930.00 3688187670.00 3915460790.00
16.
31 ceee& 2011 kees MesejOeejkeeW kee Yeewieesefueke ef mes (jepe-Jeej) efJelejCe

jepe
State
16. Geographical (State Wise) Distribution of Shareholders as at 31st March 2011 Cases
Sr. No. 1 2 3 4 5 6 7 8 9 10
ece meb.
ceeceues
Shares 844613 1639 52591 274064 58679 224469686 195456 5223739 217854 24087
Mesej
(MesejeW keer mebKee)

% (No. of Shares) 0.22 0.00 0.01 0.07 0.01 57.33 0.05 1.34 0.06 0.00
DeebOe HeosMe DeCeeeue HeosMe Demece efyenej eb[erie{ efouueer ieesJee iegpejele nefjeeCee efnceeeue HeosMe
ANDHRA PRADESH ARUNACHAL PRADESH ASSAM BIHAR CHANDIGARH DELHI GOA GUJARAT HARYANA HIMACHAL PRADESH
6211 14 447 2801 431 7120 1378 40862 1862 238
100

State
2010 -11
Sr. No. 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
ece meb.
jepe peccet SJeb keMceerj kevee&ke kesjue ceOeHeosMe ceneje<^ cesIeeuee veeieeueQ[ G[ermee hebpeeye jepemLeeve leefceuevee[g ef$ehegje GejHeosMe Heefece yebieeue Deve kegue
Cases JAMMU & KASHMIR KARNATAKA KERALA MADHYA PRADESH MAHARASHTRA MEGHALAYA NAGALAND ORISSA PUNJAB RAJASTHAN TAMIL NADU TRIPURA UTTAR PRADESH WEST BENGAL OTHERS Total 195 7082 2819 4727 51070 91 102 1038 1516 10293 11004 114 12204 5523 3171 172313
ceeceues
Shares 25456 730578 404589 661636 150724708 12542 22687 105117 195239 1225849 1942214 16188 1538011 1083921 1494936 391546079
Mesej
(MesejeW keer mebKee)

% (No. of Shares) 0.00 0.19 0.10 0.17 38.50 0.00 0.00 0.03 0.05 0.32 0.50 0.00 0.40 0.27 0.38 100.00
17.
me@ke SkemeeWpeeW ceW MesejeW kes meewoeW keer cee$ee leLee Mesej keercele (01.04.2010 mes 31.03.2011 leke)
ceen
Month
17. Share Price, Volume of Shares Traded in Stock Exchanges (From 01.04.2010 to 31.03.2011)
National Stock Exchange of India Limited (NSE) Highest (`)
vesMeveue me@ke SkemeeWpe Dee@He Fbef[ee efue. (SveSmeF&) vetvelece (.)
Bombay Stock Exchange Ltd. (BSE) Highest (`)
yee@cyes me@ke SkemeeWpe efue. (yeerSmeF&) vetvelece (.)
Gelece (.)
Lowest (`)
Volume Traded (Nos.)
meewoeW keer cee$ee (mebKee)
Gelece (.)
Lowest (`)
Volume Traded (Nos.) 701.95 722.70 753.35 762.40 848.00 905.30 1048.65 1050.00 999.95 906.50 932.00 973.00 616.00 655.20 678.50 695.50 750.30 803.95 875.30 835.00 860.00 783.50 798.00 869.00 2603626 2146775 1836906 2320588 1985239 1126910 1991143 1586167 1500897 2592608 1383035 1145024
meewoeW keer cee$ee (mebKee)
DeHewue ceF& petve
2010 2010 2010
APR 2010 MAY 2010 JUN 2010 JUL 2010 AUG 2010 SEP 2010 OCT 2010 NOV 2010 DEC 2010 JAN 2011 FEB 2011 MAR 2011
702.00 726.00 754.50 764.00 848.00 906.00 1049.00 1051.90 999.50 906.95 969.00 974.00
615.85 653.60 678.25 690.80 750.20 802.30 872.60 836.25 862.00 805.25 795.25 860.40
14914982 12861573 12603181 9042643 8555922 5982809 10923826 6881088 6704981 9929651 6603376 8446660
pegueeF& 2010 Deiemle 2010 efmelebyej 2010 Dekeletyej 2010 veJebyej 2010 efomebyej 2010 peveJejer 2011 HejJejer 2011 ceee& 2011
101
2010 -11
18. efJelleere Je<e& 2010-11 kes oewjeve efveegkele efveosMekeeW kee Heefjee 18.1 eer Depee ceeLegj
veece helee eer Depee ceeLegj 168, ieesuHe efuebkeme, veF& efouueer - 110003 22.09.1958 52 Je<e& 1. yeer. kee@ce (Dee@veme&) 2. SHe. meer. S.
18.
Profile of Directors Appointed During the Financial Year 2010-11
18.1 Shri Ajay Mathur Name Shri Ajay Mathur
Address
168, Golf Links New Delhi 110003
pevceefleefLe Deeeg eesieleeSb
Date of Birth
22.09.1958
Age
52 Years
Qualifications
1) B. Com. (Hons.) 2) F.C.A.
efveosMeke kes he ceW efveegefe kee mJehe
yeQkekeejer kecheveer (GheeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970 keer Oeeje (9) (3) (peer) kes lenle kesv mejkeej eje 05.05.2010 mes leerve Je<eeX keer DeJeefOe kes efueS DeLeJee Deeieeceer DeeosMeeW leke pees Yeer henues nes DebMe keeefueke DeMeemekeere efveosMeke veeefcele. eer Depee kegceej ceeLegj kees meveoer uesKeekeej kes he ceW 28 Je<eeX kee hesMesJej DevegJeYe eehle nw leLee kejeOeeve, uesKeehejer#ee SJeb SMegjsvme mesJeeSb, keeheexjs hejeceMe& kes #es$e ceW efJeMes<e%elee neefmeue nw. Jes kesveje yeQke kes efveosMeke ceb[ue ceW 3 Je<eeX kes efueS mejkeej eje veeefcele efveosMeke Yeer Les. Gvekeer keeheexjs ieJevexvme kes #es$e ceW efJeMes<e efe nw leLee Gvekes veece Ske ekeeMeve Yeer ekeeefMele ngDee nw. DeeF&meerSDeeF& kes ekeeefMele peve&ue ceW yeQkeeW ceW Glke= keeheexjs ieJevexvme heefleeeW kees megefveefMele kejves nsleg uesKee hejer#ee meefceefle keer Yetefcekee Gvekee veJeervelece ekeeefMele uesKe nw.
Nature of appointment as Director
Nominated as a part time non-official director w.e.f. 05.05.2010 by the Central Government 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. Shri Ajay Mathur has over -28- years of professional experience as Chartered Accountant with specialisation in the area of Taxation, Audit and Assurance Services, Corporate Consulting as well as Mangement and Financial Consultancy. He was also a Government Nominee Director on the Board of Canara Bank, for a period of -3- years. He has keen interest in the field of Corporate Governance and has publication to his credit. The latest one on Role of Audit Committee in ensuring Good Corporate Governance Practices in Banks published in ICAI journal.
DevegYeJe
Experience
Deve kebheefveeeW ceW efveosMeke DeLeJee meefceefle heoeW hej keee&
Metve
Directorship or Committee Positions held in other Companies No. of Shares held in Bank of Baroda
NIL
yeQke Dee@]He ye[ewoe ceW Oeeefjle MesejeW keer mebKee
Metve
NIL
102

18.2 eer Deej. ieebOeer
veece eer Deej. ieebOeer
18.2 Shri R. Gandhi Name Address Shri R. Gandhi
2010 -11
helee
01.04.2011 mes keee&keejer efveosMeke Yeejleere efj]peJe& yeQke, kesvere keeee&uee, 17Jeeb leue, Menero Yeiele efmebn jes[, cegbyeF&-400001
Executive Director w.e.f. 01-04-2011 Reserve Bank of India, Central Office 17th Floor, Shahid Bhagat Singh Road Mumbai 400001
pevceefleefLe Deeeg eesielee
04.04.1956 54 Je<e& 1) Sce. S. (DeLe&Meem$e) 2) meer.S.DeeF&.DeeF&.yeer. 3) SceDeeF&Sme ceW mveelekeesej eceeCe-he$e (etSmeS) 4) efmemce eeseeefcebie ceW meefe& Hf ekes (Dee@mês ueee) f 5) ieebOeer efJeeejOeeje ceW meef&efHekes yeQkekeejer kecheveer (GheeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970 keer Oeeje (9) (3) (meer) kes lenle kesv mejkeej eje 30.07.2010 mes efveosMeke kes he ceW veeefcele. Jes Deeieeceer DeeosMeeW leke Fme heo hej yeves jnWies.
Date of Birth Age Qualifications
04.04.1956 54 Years 1) 2) 3) 4) M. A. (Economics) C.A.I.I.B. P.G. Certificate in MIS (USA) Certificate in System Programming (Australia) 5) Certificate in Gandhian Thoughts Nominated as a Director w.e.f. 30.07.2010 (representing RBI) 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
eer ieebOeer kees leerve oMekeeW kee kesvere yeQefkebie kee Jeeheke DevegYeJe eehle nw efpemeceW eeweesefiekeer, Yegieleeve eCeeefueeeb, hetbpeer yeepeej, eefleYetefleeeb, Hee@jskeme, ceveer ceekex, ceeveJe mebmeeOeve eyebOeve leLee Devleje&êre yeQefkebie ceW efJeefMe DevegYeJe Meeefceue nw. GvneWves DeeF&er, Yegieleeve eCeeefueeeb, efJeeere mee#ejlee, efJeeere meceeJesMeve leLee mece= efJekeeme mebyebOeer GheeeeW mebyebOeer efJeefYeVe heefjeespeveeSb DeejbYe keer nQ. eer ieebOeer keer mesyeer ceW leerve Je<e& kes efueS eeflevegegefe mes hetbpeer yeepeej kes #es$e ceW Gvekes DevegYeJe mes veS Deeeece peg[s nQ. Metve
Experience
Shri R. Gandhi brings with him a rich experience of central banking of over three decades having wide cross functional exposure in technology, payment systems, capital market, securities, forex, money market, human resouce management and international banking. He has also pilotted several projects on IT, Payment Systems, Financial Literacy, Financial Inclusion and related developmental initiatives. Shri Gandhis deputaion to SEBI for a three year assignment had added new dimentions to his experience in the area of Capital Market. NIL
Deve kebheefveeeW ceW efveosMeke DeLeJee Deve meefceefle heoeW hej keee& yeQke Dee@H] e ye[ewoe ceW Oeeefjle MesejeW keer mebKee
Metve
NIL
103

18.3 eer mele osJe ef$ehee"er
veece
2010 -11
18.3 Shri Satya Dev Tripathi
eer mele osJe ef$ehee"er 18/62, Fbefoje veiej, ueKeveT-226016 05.03.1944 66 Je<e& 1) Sce. S. 2) SueSue. yeer. yeQkekeejer kecheveer (GheeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece, 1970 keer Oeeje (9) 3(Se) SJeb (3-S) kes lenle kesv mejkeej eje 31.08.2010 mes leerve Je<eeX keer DeJeefOe kes efueS DeLeJee Deeieeceer DeeosMeeW leke, pees Yeer henues nes, DebMekeeefueke DeMeemekeere efveosMeke kes he ceW veeefcele. eer mele osJe ef$ehee"er 1971 mes Fueeneyeeo Ge veeeeuee ceW Jekeeuele kej jns nQ. eer ef$ehee"er ves etefveJeefme&er leLee meceepe mesJee ceW meeJe&peefveke peerJeve ceW efJeefYeVe mlejeW hej vesle=lJe heoeW hej keee& efkeee. GvneWves 1989 mes 1992 leke vesMeveue kees-Dee@ hejsefJe etefveeve Dee@]He Fbef[ee ceW JeeFme esmeer[W kee heo Yeer mebYeeuee nw. GvnW Gej eosMe kes FeJee egveeJe #es$e mes SceSueS kes he ceW egvee ieee leLee Jes Gej eosMe ceW ie=n jepe ceb$eer (mJeleb$e eYeej) kes heo hej Les.
Name Address
Shri Satya Dev Tripathi 18 / 62, Indira Nagar Lucknow 226016
helee
05.03.1944 66 Years 1) M. A. 2) LL. B.
Nominated as a part time non-official director w.e.f. 31.08.2010 by the Central Government u/s 9 (3) (h) & (3-A) of The Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 for a term of three years or until further orders, whichever is earlier.
DevegYeJe
Experience
Shri Satya Dev Tripathi has been practising Law in Allahabad High Court since 1971. Shri Tripathi held various leadership positions in the University and public life in the social service. He also held the position of Vice-President National Co-operative Union of India in 1989 to 1992. He was elected as MLA from Etawah constituency in UP and was Minister of State for Home (with Independent charge) in UP.
Deve kebheefveeeW ceW efveosMeke DeLeJee Deve meefceefle heoeW hej keee& yeQke Dee@H] e ye[ewoe ceW Oeeefjle MesejeW keer mebKee
Metve
NIL
Metve
NIL
104

18.4 eer Jeer. yeer. eJneCe
veece eer Jeer. yeer. eJneCe yeQke Dee@]He ye[ewoe efjsue ueesve Hewkeêr (hegCes) 1187, 69/2, eieefle ewcyeme& Ieesues jes[, hegCes-411005
18.4 Shri V. B. Chavan Name Address Shri V. B. Chavan Bank of Baroda
2010 -11
helee
Retail Loan Factory (Pune) 1187, 69/2, Pragati Chambers Ghole Road Pune - 411 005
15.01.1954 57 Je<e& 1) yeer.Smemeer (ke=ef<e) 2) meerSDeeF&DeeF&yeer (Yeeie 1)
15.01.1954 57 years 1) B. Sc. (Agriculture) 2) CAIIB (Part I)
yeQkekeejer kecheveer (GheeceeW kee Depe&ve SJeb DevlejCe) DeefOeefveece 1970 keer Oeeje (9) (3) (SHe) kes lenle kesv mejkeej eje 11.03.2011 mes leerve Je<e& keer DeJeefOe DeLeJee yeQke Dee@]He ye[ewoe kes DeefOekeejer kes heo hej jnves DeLeJee Deeieeceer DeeosMeeW leke pees Yeer henues nes, DeefOekeejer kece&eejer efveosMeke kes he ceW veeefcele. GvneWves ke=ef<e DeefOekeejer kes he ceW 07 veJebyej 1977 kees keee&Yeej mebYeeuee leLee yeQke ceW Gvekees leerve oMekeeW kee DevegYeJe nw. GvneWves keF& MeeKeeDeeW, Jemetueer SJeb SveheerS efJeYeeie ceW keee& efkeee nw. efJeosMeer efJeefvecee efJeYeeie kes eYeejer kes he ceW keee& efkeee nw, meerSmeDees kes ecegKe kes he ceW keee& efkeee nw leLee Jele&ceeve ceW Jes hegCes efmLele efjsue ueesve Hewkeêr kes ecegKe nQ.
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.
DevegYeJe
Experience
He joined on 7th November, 1977 as Agriculture Officer and has over 3 decades of experience in the Bank. He has worked in various Branches, Recovery and NPA Department, worked as In-Charge of Foreign Exchange Department, worked as Head of CSO and presently working as Head of Retail Loan Factory at Pune.
Deve kebheefveeeW ceW efveosMeke DeLeJee Deve meefceefle heoeW hej keee&
Metve
Directorship or Committee Positions held in other Companies
NIL
yeQke Dee@H] e ye[ewoe ceW Oeeefjle MesejeW keer mebKee
490
No. of Shares held in Bank of Baroda
490
105
2010 -11
keeheexjs ieJeveXme keer MeleeX kes Devegheeueve mes mebyebefOele uesKee hejer#ekeeW kee eceeCe-he$e
yeQke Dee@He ye[ewoe kes meomeeW kes efueS,
nceves yeQke Dee@He ye[ewoe kes, me@ke SkemeeWpees kes meeLe meteerye kejves mebyebOeer kejej kes Keb[ 49 ceW efJeefveefo&< keeHeexjs ieJeveXme MeleeX kes meboYe& ceW yeQke eje 31 ceee& 2011 kees meceeHle Je<e& kes efueS keeHeexjs ieJeveXme mebyebOeer DevegHeeueve efmLeefle keer peebe keer nw. keeHeexjs ieJeveXme mebyebOeer MeleeX kee DevegHeeueve kejvee HeyebOeve kee oeefelJe nw. nceejer peebe, keeHeexjs ieJeveXme mebyebOeer yeeOeleeDeeW kee DevegHeeueve megefveefele kejves nsleg yeQke eje DeHeveeeer ieF& HeefeeeDeeW Deewj keeee&vJeeve leke meerefcele Leer. en ve lees uesKee Hejer#ee nw Deewj ve ner yeQke keer efJeeere efJeJejefCeeeW kes yeejs ceW nceeje DeefYecele nw. nce DeHeveer jee leLee meJeexece peevekeejer leLee nceW efoS mHe<erkejCeeW kes DeeOeej Hej HeceeefCele kejles nQ efke yeQke ves GHejeskele meteerye kejej ceW efJeefveefo&< keeHeexjs ieJeveXme mebyebOeer yeeOeleeDeeW kee DevegHeeueve efkeee nw. nceeje en Yeer DeefYekeLeve nw efke Gkele DevegHeeueve kee DeefYeHeee yeQke keer YeefJe<e keer me#ecelee kes Heefle en keesF& DeeMJeemeve veneR nw Deewj ve ner en yeQke kes keee&keueeheeW kes mebeeueve ceW HeyebOeve keer kegMeuelee SJeb HeYeeJeHetCe&lee kes yeejs ceW DeeMJeemeve nw.
Auditors Certificate on Compliance of Conditions of Corporate Governance

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 2011, 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.
ke=les DeefMJeveer SC[ SmeesefmeSdme meveoer uesKeekeej SHeDeejSve: 000497 Sve (mebpeerJe veejeeCe) Yeeieeroej Sce. veb.: 84205
For Ashwani & Associates Chartered Accountants FRN: 000497N (Sanjeev Narayan) Partner M. No. 84205
ke=les Sme. kes. kehetj SC[ keb. meveoer uesKeekeej SHeDeejSve: 000745 meer (mebpeerJe kehetj) Yeeieeroej Sce. veb.: 70487
For S. K. Kapoor & Co. Chartered Accountants FRN: 000745C (Sanjiv Kapoor) Partner M. No. 70487
ke=les Sve. meer. yevepeea SC[ keb. meveoer uesKeekeej SHeDeejSve: 302081 F& (yeer. kes. efyemJeeme) Yeeieeroej Sce. veb.: 055623
For N. C. Banerjee & Co. Chartered Accountants FRN: 302081E (B. K. Biswas) Partner M. No. 055623
ke=les nefjYeefe SC[ keb. meveoer uesKeekeej SHeDeejSve: 103523 [yuet (jekesMe je"er) Yeeieeroej Sce. veb.: 045228
For Haribhakti & Co. Chartered Accountants FRN: 103523W (Rakesh Rathi) Partner M. No. 045228
ke=les efKecepeer kegbJejpeer SC[ keb. meveoer uesKeekeej SHeDeejSve: 105146 [yuet (ieewlece Meen) Yeeieeroej Sce. veb.: 117348
For Khimji Kunverji & Co Chartered Accountants FRN: 105146W (Gautam Shah) Partner M No.117348
ke=les yeeee SC[ keb. meveoer uesKeekeej SHeDeejSve: 000511 Sme (kes. efpeleW kegceej) Yeeieeroej Sce. veb.: 201825
For Brahmayya & Co. Chartered Accountants FRN: 000511S (K. Jitendra Kumar) Partner M No.201825
mLeeve / Place: cegbyeF& / Mumbai efoveebke / Date: 27.05.2011
106

yeermeermeer:DeeF&Sme[er:103/361 efee MesejOeejkees,
2010 -11
24.05.2011
efJe<ee : keeheexjs ieJevesme ceW heee&JejCe megj#ee (nefjle heefjJesMe) Gheee keeheexjs ieJevesme ceW heee&JejCe megj#ee GheeeeW kees eeslmeeefnle kejves kes GsMe mes keeheexjs keeees kes ceb$eeuee (ScemeerS) ves metevee eeweesefiekeer DeefOeefveece 2000 kes eeJeOeeveeW keer Devegheeuevee ceW Deheves heefjhe$eebke 17/2011 efoveebke 21 Deewue, 2011 kes eje kecheefveeeW kees heshej jefnle keee& Devegheeueve keer Devegceefle eoeve kej oer nw. heee&JejCe megj#ee (nefjle heefjJesMe) GheeeeW kes ueeYe : 1. keeiepe keer Kehele ceW keceer 2. nefjle heefjJesMe kes efueS eesieoeve 3. lJeefjle mebes<eCe megefveefele kejvee 4. [eke hengbeves ceW ueieves Jeeues mecee keer yeele 5. keeiepe leLee [eke Jee keer ueeieleeW keer yeele Fme meboYe& ceW nceejs yeQke kes Mesej OeejkeeW kees Yespes peeves Jeeues yew"keeW kes veesefme, Jeeef<e&ke efjhees& leLee Deve mebosMe yeQke Dee@@]He ye[ewoe meeceeve (Mesej SJeb yew"keW) efJeefveece-1998 meteerkejCe kejej leLee Deve eeespeve DeefOeefveeceeW kes eeJeOeeveeW kes Devleie&le Fueskeêefveke he ceW esef<ele kejves kee emleeJe nw. ke=heee vees kejW efke nceeje yeQke Fve omleeJespeeW kees yeQke keer JesyemeeF : www.bankofbaroda.com hej Yeer Deheuees[ kejsiee. Ssmes MesejOeejke efpevekes heeme Mesej ef[ces Heece& ceW nQ : 1. efJeefYevve ef[heesefpejer]pe kes heeme GheueyOe efnleeefOekeejer mJeeceer (yeerDees) [ee kee DeJeueeskeve kejves mes helee euelee nw efke nceejs keF& MesejOeejkeeW kes heeme Mesej ef[ces Heece& ceW nQ leLee Gvnesves Deheves ef[heeefpejer eefleYeeieer kes heeme Deheveer Fueskeêefveke cesue DeeF[WefefHekesMeve [eejskejer (F&cesue DeeF[er) jefpemj kejJeeeer nw. 2. eefo Deeheves DeYeer leke Ssmee veneR efkeee nw lees ke=heee Deheves ef[heeefpejer eefleYeeieer kes heeme Dehevee F&cesue DeeF[er jefpemj kejJee oW leeefke Deehekees meYeer meteveeSb/ mebosMe F& cesue kes ceeOece mes efceue mekeW. 3. efJelleere Je<e& 2011-12 mes nceeje yeQke efJeefYevve euesKe Yespeves kes efueS ef[heeefpejer eefleYeeieer kes heeme jefpemj F& cesue DeeF[er kee Gheeesie kejsiee. 4. efHej Yeer, eefo Deehe mebye euesKe Fueskeêefveke Heece& ceW eehle veneR kejvee eenles nQ leLee Fvns Yeewefleke he ceW ner eehle kejvee eenles nw lees ke=heee nceW Fme DeeMee kee F& cesue investorservices@bankofbaroda.com hej Yespe oW. ke=heee Deheves veece leLee ef[ces Keelee efJeJejCe ([er heer DeeF&[er, [er heer veece leLee ieenke DeeF[er) kee GuuesKe DeJeMe kejW. Ssmes MesejOeejke efpevekes heeme Mesej Yeewefleke he ceW nQ : nceejs Ssmes Mesej Oeejke efpevekes heeme Mesej Yeewefleke he ceW nQ leLee Jes mebosMe meteveeSb F& cesue kes ceeOece mes eehle kejvee eenles nQ lees Jes ke=heee eneb efoS ieS DeeJesove hej Deheveer menceefle Jekele kejles ngS nmlee#ej kej efvecveefueefKele kees efYepeJee oW. (ke) yeQke Dee@@]He ye[ewoe keer efvekelece MeeKee (Ke) Fme he$e / he=<" kes veeres efoS ieS heles hej efmLele efveJesMeke mesJeeSb efJeYeeie kees Yespe oW. (ie) nceejs jefpemêj kees veeres efoS ieS heles hej cew. keeJeer& kebhetjMesej eeFJes efue. (etefve : yeQke Dee@@]He ye[ewoe) huee@ veb. 17 mes 24, Fcespe ne@efmheue kes heeme, efJeuejeJe veiej, ceeOeehegj, nwojeyeeo - 500 081 Heesve veb. 040-2342 0815 mes 820, Hewkeme veb. 040-2342 0814 F& cesue : einward.ris@karvy.com nceejs MesejOeejkeeW kes efueS yeQke kes keeheexjs meeceeefpeke oeefelJeeW kes efveJe&nve ceW heee&JejCe megj#ee (nefjle heefjJesMe) eeeme ceW menYeeieer yeveves kee en Gefele DeJemej nw. nceW Deehekes meefee meneesie keer Dehes#ee nw. YeJeoere (Deej. kes. ye#eer) keee&keejer efveosMeke
ye[ewoe keeheexjs meWj, efveJesMeke mesJeeSb efJeYeeie, henueer cebefpeue, meer-26, peer-yuee@ke, yeebe-keguee& kee@cheueskeme, yeebe (hetJe&), cegbyeF& - 400 051 heesve veb. 91-22-66985812/49, hewkeme veb. 91-22-26526660, F& cesue companysecretary.bcc@bankofbaroda.com
kebheveer meefeJe efoveebke yeQke Dee@@]He ye[ewoe efveJesMeke mesJeeSb efJeYeeie, henueer cebefpeue, ye[ewoe keeheexjs meWj, meer-26, peer-yuee@ke, yeebe-keguee& kee@cheueskeme, yeebe (hetJe&), cegbyeF& - 400 051 efee cenesoe, ceQ / nce ______________________________ yeQke Dee@@]He ye[ewoe keeheexjs ieJevesme kes heee&JejCe megj#ee (nefjle heefjJesMe) GheeeeW kes Ske eeeme kes he ceW yeQke Dee@@]He ye[ewoe mes meYeer mebosMe Deheves veeres efoS ieS F& cesue DeeF[er kes ceeOece mes eehle kejvee eenlee ntb / eenles nQ. cesjs / nceejs heeme yeQke kes ______________Mesej Yeewefleke he ces nQ. Heesefueees vecyej : ____________________ F& cesue DeeF[er : ____________________ ceQ / nce Fme DeeMee kee Jeeve oslee ntb / osles nQ efke cesjs / nceejs F& cesue kes ceeOece mes eehle mebosMe kees mener, efJeefOeke leLee yeQke Dee@@]He ye[ewoe eje nceW Yespes ieS omleeJespeeW keer mecegefele SJeb heee&hle meghego&ieer ceevee peeSiee. ceQ / nce en Yeer Jeeve oslee ntb / osles nQ efke eefo efkemeer lekeveerkeer / Deve keejCeeW mes cesje / nceeje F& cesue nceW mener he ceW eehle ve nesves kes keejCe mebosMe eehle veneR nes heelee nw lees nce yeQke Dee@@]He ye[ewoe, Fmekes efkemeer kece&eejer, jefpemêj DeLeJee Fmekes kece&eeefjeeW kees GllejoeeeR veneR "njeeWies.
____________
Oeejke kes nmlee#ej
107

BCC:ISD:103/361 Dear Shareholder,
2010 -11
24th May 2011
Sub: Green Initiative in Corporate Governance
In order to promote the Green Initiative in Corporate Governance, the Ministry of Corporate Affairs (MCA) vide its circular No.17/2011 dated 21 April 2011 has allowed paperless compliances by the Companies pursuant to the provisions of the Information Technology Act, 2000. Advantages of Green Initiative 1. Reduction in paper consumption 2. Contribution towards a greener environment 3. Ensure prompt receipt of communication 4. Avoid loss in postal transit 5. Savings in paper and postage costs In this connection, our Bank proposes to send Notices of the Meetings, Annual Reports and other communication to the shareholders under the provisions of the Bank of Baroda General (Shares & Meetings) Regulations - 1998, Listing Agreement and other applicable enactments, in electronic form. Please note that our Bank would be also uploading these documents in its website: www.bankofbaroda.com Shareholders holding Shares in Demat form: 1. It is observed from the data of Beneficiary Owners (BO) with the Depositories that many of our shareholders are holding shares in demat form and have registered an Electronic Mail Identification Directory (email ID) with their Depository Participant. 2. Please register your e-mail ID with your Depository Participant, if not done so far to receive all the communication through e-mail. 3. Henceforth our Bank shall be using the e-mail ID registered with Depository Participants for service of documents from the financial year 2011-12. 4. However, in case you do not wish to receive the documents electronically and prefer to receive the same in physical mode, please email to us at investorservices@bankofbaroda.com. Kindly quote your Name and Demat account particulars (DP ID, DP Name and Client ID). Shareholders holding Shares in Physical form: Our shareholders holding physical shares and who intend to receive communication through e-mail are requested to send their consent by filling up and signing the perforated portion of this communication to: (a) Nearest Bank of Baroda branch (b) Investor Services Dept. at the address given in the footer of this Communication or (c) 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 2342 0815 to 820, Fax No. 040 2342 0814 e-mail : einward.ris@karvy.com This is also the right opportunity for shareholders to contribute to the Green initiative of the Bank as part of Corporate Social Responsibility. Looking forward to your active support. Yours sincerely,
(R. K. Bakshi) Executive Director

Baroda Corporate Centre, Investors Services Department, 1st Floor, C-26, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051 Tel.: 91 22 66985812 / 46, Fax : 91 22 26526660, E-mail : companysecretary.bcc@bankofbaroda.com
The Company Secretary Bank of Baroda Investors Services Department, 1st floor, Baroda Corporate Centre, C-26, G-Block, Bandra-Kurla Complex, Bandra (E), Mumbai 400 051
Date:
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
108
2010 -11
Iees<eCee-He$e
me@ke SkemeeWpe kes meeLe meteerye kejves mebyebOeer kejej keer Oeeje 49(I) ([er) kes Devegmeej DeOe#e SJeb HeyebOe efveosMeke keer Deesj mes Iees<eCee Ieesef<ele efkeee peelee nw efke yeQke kes efveosMeke ceb[ue kes meome leLee Jeefj<" HeyebOeve keeefce&keeW ves me@ke SkemeeWpe kes meeLe meteerye kejves mebyebOeer kejej kes Keb[ 49 (I) ([er) ceW efJeefveefo&< Deeeej mebefnlee kes Hemebie ceW yeQke eje 31 ceee&, 2011 kees meceeHle efJeeere Je<e& kes efueS leovegmeej DevegHeeuevee keer Hegef< kej oer nQ. Gkele Deeeej mebefnlee kees yeQke keer JesyemeeF Hej Yeer oMee&ee ieee nw. ke=les yeQke Dee@He ye[ewoe
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, 2011 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 Banks website. For Bank of Baroda
(Sce. [er. ceuee) DeOe#e SJeb HeyebOe efveosMeke mLeeve : cegbyeF& efoveebke : 20 ceF&, 2011
Place : Mumbai Date : 20th May, 2011
(M. D. Mallya) Chairman and Managing Director
109
2010 -11
yeemesue II efheuej 3 ekeerkejCe
Basel II Pillar 3 disclosures

efoveebke 31.03.2011 kees Yeejleere efjpeJe& yeQke kes veS hetbpeer heee&hlelee esceJeke& (yeemesue II) kes Devegmeej efheuej 3 kes Debleie&le ekeerkejCe (meesuees DeeOeej hej)
I. Disclosures (on solo basis) under Pillar 3 in terms of New Capital Adequacy Framework (Basel II) of Reserve Bank of India as on 31.03.2011
ke. ekeerkejCe kee esceJeke& yeQke Dee@He ye[ewoe hej meesuees DeeOeej hej ueeiet neslee nw, pees efke mecetn ceW meJeexe yeQke nQ. Ke. yeQke keer efvecveefueefKele Iejsuet leLee efJeosMeer oesveeW ekeej keer Deveg<ebefieeeb, meneeke FkeeFeeb leLee mebege Gece nQ : ece mebKee
Sr. No. i ii. iii. iv. v. vi. vii. viii. ix. x. xi. xii.
Devegeeesie kee #es$e
I.
a. b.
Scope of application
The framework of disclosures applies to Bank of Baroda, on solo basis, which is the top bank in the group The Bank has following Subsidiaries Associates and Joint ventures both domestic and foreign: Extent of ownership 98.57% 100.00% 100.00% 100.00% 80.00% 86.70% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Deveg<ebieer kee veece Deveg<ebieer (Iejsuet) vewveerleeue yeQke efueefces[ yee@yekee[&dme efueefces[ yee@ye kesefheue ceekex efueefces[ Deveg<ebieer (efJeosMeer) yeQke Dee@He ye[ewoe (et.kes.) efueefces[ yeQke Dee@He ye[ewoe (etieev[e) efueefces[ yeQke Dee@He ye[ewoe (kesvee) efueefces[ yeQke Dee@He ye[ewoe (iegeevee) Fbke. yeQke Dee@He ye[ewoe (yeeslmJeevee) efueefces[ yeQke Dee@He ye[ewoe (leb]peeefveee) efueefces[ yeQke Dee@He ye[ewoe (ef$eefveoeo SC[ esyesiees) efueefces[ yeQke Dee@He ye[ewoe (Ieevee) efueefces[ yeQke Dee@He ye[ewoe (vetpeerueQ[) efueefces[
Name of the subsidiary SUBSIDIARY (DOMESTIC) Nainital Bank Limited BOBCARDS Limited BOB Capital Market Limited SUBSIDIARY (FOREIGN) Bank of Baroda (U.K.) Ltd Bank of Baroda (Uganda) Ltd. Bank of Baroda (Kenya) Ltd. Bank of Baroda (Guyana) Inc. Bank of Baroda (Botswana) Ltd. Bank of Baroda (Tanzania) Ltd. Bank of Baroda (Trininad & Tobago) Ltd. Bank of Baroda (Ghana) Ltd Bank of Baroda (New Zealand) Ltd.
mJeeefcelJe keer meercee
yeQke keer efvecveefueefKele Iejsuet leLee efJeosMeer meneeke FkeeFeeb Yeer nQ. ece mebKee
Sr. No. i ii iii iv v vi vii
The Bank also has following Associates both domestic and foreign: Name of the associate ASSOCIATES (DOMESTIC) Baroda Pioneer Asset Management Company Limited Jhabua Dhar K G Bank Nainital Almora K G Bank Baroda Gujarat Gramin Bank Baroda Rajasthan Gramin Bank Baroda U P Gramin Bank ASSOCIATE (FOREIGN) Indo Zambia Bank Limited 20.00% The Bank has following domestic Joint Venture. Name of the Joint Venture Joint Venture (DOMESTIC) IndiaFirst Life Insurance Company Limited Joint Venture (FOREIGN) India International Bank (Malaysia) Bhd. Extent of ownership 44.00% 40.00% Extent of ownership 49.00% 35.00% 35.00% 35.00% 35.00% 35.00%
meneeke FkeeF& kee veece meneeke FkeeFeeb (Iejsuet) ye[ewoe heeeesefveej Smes cewvespeceW kebheveer efueefces[ PeeyegDee Oeej #es$eere eeceerCe yeQke vewveerleeue Deucees[e #es$eere eeceerCe yeQke ye[ewoe iegpejele eeceerCe yeQke ye[ewoe jepemLeeve eeceerCe yeQke ye[ewoe etheer eeceerCe yeQke meneeke FkeeFeeb (efJeosMeer) Fb[es ]peebefyeee yeQke efueefces[ mebege Gece kee veece mebege Gece (Iejsuet) Fbef[eeHem& ueeFHe FbMeesjWme kebheveer efueefces[ mebege Gece (efJeosMeer) Fbef[ee FbjvesMeveue yeQke (ceuesefMeee) yeerSe[er.
yeQke kes efvecveefueefKele Iejsuet mebege Gece nQ. ece mebKee

Sr. No. i i
110

Yeejleere meveoer uesKeekeej mebmLeeve (DeeF&meerSDeeF&) kes uesKee ceeveob[ eceMe: 21, 23 leLee 27 kes Devegmeej mecesefkele Keelee efJeJejCeer ceW Deveg<ebefieeeW, meneeke FkeeFeeW leLee mebege GeceeW kees hetCe&le: mecesefkele efkeee ieee nw. efkemeer Deveg<ebieer kes ceeceues ceW hetbpeer keer keesF& keceer veneR nw. yeQke kee yeercee mebmLeeve ceW efvecve efJeJejCeevegmeej efnle Meeefceue nw. I. yeercee mebmLeeve ceW yeQke kes kegue efveJesMe (efnle) kee efJeeceeve yener cetue `148.81 kejes[. II. veece- FefC[ee Hem& ueeFHe FbMeesjWme kecheveer efueefces[. III. efveieefcele osMe - Yeejle. IV. mJeeefcelJe kes efnle kee Devegheele - 44%. yeQke ves Deheveer hetbpeer ceW mes `148.81 kejes[ Deenefjle kej Deheveer Mesej Oeeefjlee kes he ceW FefC[ee Hem& ueeFHe FbMeesjWme kecheveer efue. ceW efveJesMe efkeS nQ.
2010 -11
ie. Ie.
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 Banks total interest in the insurance entity `148.81 crores. II. Name IndiaFirst Life Insurance Company Limited. III. Country of Incorporation India IV. The proportion of ownership interest 44% The bank has deducted the investment of Rs.148.81 crores from its capital in respect of its equity holding in IndiaFirst Life Insurance Company Limited.
II.
hetbpeeriele {ebee
II . Capital structure
a. 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:
ke. yeQke keer efej - I hetbpeer ceW Mesej hetbpeer, veJeesvces<eer yesceereeoer $e+Ce efueKele leLee efJeefYeVe ekeej keer eejef#ele efveefOeeeb Meeefceue nQ. efej - II hetbpeer ceW hegvecet&ueebkeve efveefOeeeb (Yeejleere efj]peJe& yeQke kes eeJeOeeveeW kes Devegmeej ef[mkeeGCs[), meeceeve neefve efveefOe, ceeveke DeefmleeeW hej eeJeOeeve, Ge efej - II leLee efvecve efej - II hetbpeer Meeefceue nQ. Ge efej II hetbpeer ceW efJeosMeer yeepeej ceW peejer SceerSve yee@C[ Yeer Meeefceue nQ. yespeceeveleer eefleose $e+CeeW keer DeJeefOe Fme ekeej nQ : Ge efej 2 hetbpeer : e=bKeuee e=Kebuee VII e=Kebuee VIII e=Kebuee IX e=Kebuee XI e=Kebuee XII e=Kebuee XIII e=Kebuee XIV e=Kebuee XV SceerSve efej II yee@C[ (efJeosMeer)
Series Series VII Series VIII Series IX Series XI Series XII Series XIII Series XIV Series XV MTN Tier II Bonds (Overseas) Interest Rate (%) 9.30 9.30 9.15 8.38 8.54 8.48 8.48 8.52 6.625
yeepeoj
heefjhekeJelee keer leejerKe

Date of maturity 28.12.2022 04.01.2023 04.03.2024 08.06.2024 08.07.2024 31.05.2025 30.06.2025 10.08.2025 25.05.2022 ( 25.5.2017 kees kee@ue Dee@hMeve kes meeLe with call option on 25.05.2017)
Amount in ` Crs. 500.00 1000.00 1000.00 500.00 500.00 500.00 500.00 500.00 1337.88
jeefMe kejes[ . ceW
kegue TOTAL eqvecve efej 2 hetbpeer e=Kebuee e=Kebuee IV e=Kebuee V e=Kebuee VI e=Kebuee X
Series Series IV Series V Series VI Series X Interest Rate (%) 5.85 7.45 8.95 8.95 Lower Tier 2 Capital:
6337.88
yeepeoj
heefjhekeJelee keer leejerKe

Date of maturity 02.07.2014 28.04.2015 15.05.2016 12.04.2018
Amount in ` Cr 300.00 770.00 920.00 500.00
jeefMe kejes[ . ceW
kegue TOTAL
2490.00
111

Ke. yeQke keer efej - I hetbpeer Fme ekeej nw :
i
2010 -11
b.
The Tier 1 capital of the bank is as under: ( jeefMe kejes[ . ceW Amount in ` Crore)
kegue efej - I hetbpeer efpemeceW mes eoe Mesej hetbpeer hegvecet&ueebkeve eejef#ele efveefOeeeW kes DeueeJee eejef#ele efveefOeeeb veJeesvces<eer yesceereeoer $e+Ce efueKele keewefleeeb hee$e efej I hetbpeer
Total Tier I Capital Out of which: Paid up share capital
21612.95
ii iii iv v vi
ii
392.81 19308.44 1911.70 638.72 20974.23
iii Reserves excluding revaluation reserves iv Innovative Perpetual Debt Instrument v Deductions
vi Eligible Tier I Capital c. d.
ie. Ie.
yeQke keer kegue efej 2 hetbpeer (efej 2 hetbpeer ceW mes Meg keewleer) 9509.19 kejes[ heS nw. Ge efej 2 hetbpeer ceW meceeJesMeve kes efueS hee$e $e+Ce hetbpeer efueKeleW Fme ekeej nQ:
The Total amount of Tier 2 capital of the bank (net of deduction from tier 2 capital) is Rs. 9509.19 Crore. The debt capital instruments eligible for inclusion in Upper Tier 2 capital are: (kejes[ . ceW Rs. in Crores) 6337.88 1500.00 6337.88
yekeeee kegue jeefMe efpemeceW mes eeuet Je<e& kes oewjeve JeefOe&le jeefMe hetbpeeriele efveefOeeeW kes he ceW ieCevee keer peeves Jeeueer hee$e jeefMe *.
Total amount outstanding
o Of which amount raised duringo current year the . Amount eligible to be reckoned as capital funds e.
efvecve efej 2 hetbpeer ceW meceeJesMeve kes efueS hee$e ieewCe $e+Ce hetbpeer efueKeleW Fme ekeej nQ :
Subordinated debt capital instruments eligible for inclusion in Lower Tier 2 capital are: (kejes[ . ceW Rs. in Crores) b. 2490.00 0.00 2216.00
yekeeee kegue jeefMe efpemeceW mes eeuet Je<e& kes oewjeve JeefOe&le jeefMe hetbpeeriele efveefOeeeW kes he ceW ieCevee keer peeves Jeeueer hee$e jeefMe e.
Total amount outstanding Of which amount raised during the current year Amount eligible to be reckoned as capital funds f.
hetbpeer heee&hlelee keer ieCevee kes efueS efej I Deewj efej II hetbpeer ceW mes efvecveevegmeej keewleer keer ieF& nw. keewleer kee mJehe eefleYeteflekejCe uesve osve kes yeejs ceW $e+Ce ye{esllejer ieejber Deveg<ebefieeeW/mebege Gece/meneesieer FkeeFeeW ceW efveJesMe kegue
For computation of Capital Adequacy, deductions as under have been done from Tier I and Tier II capital: (kejes[ . ceW Rs. in Crores)
ece mebKee
Sr. No.
Nature of Deduction
efej I mes keewleer efej II mes keewleer Deduction from Tier I Deduction from Tier II
5.74 5.74
1.
Credit enhancement guarantee in respect of securitization transaction Investment in subsidiaries/ JV / Associates Total
2. 3.
632.98 638.72
632.98 638.72
112

. kegue hee$e hetbpeer ceW efvecveefueefKele Meeefceue nQ :
g. The total eligible capital comprises of:
2010 -11
(kejes[ . ceW Rs. in Crores)
efej - I hetbpeer efej - II hetbpeer ]kegue

III.
Tier I Capital Tier II Capital TOTAL
20974.23 9509.19 30483.42
hetbpeer heee&hlelee
III. Capital Adequacy

a. Bank maintains capital to cushion the risk of loss in value of exposure, businesses etc. so as to protect the 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 banks activities. The purpose of capital planning of the bank is to ensure the adequacy of capital at the times of changing economic conditions, even at the times of economic recession. In capital planning process the bank reviews:

ke. yeQke peceekelee&DeeW leLee meeceeve $e+CeoeleeDeeW kees DeeleeefMele neefveeeW mes megjef#ele jKeves kes efueS Skemhees]pejeW, JeJemeee Fleeefo kes cetue ceW neefve kes peesefKece mes yeeeJe kes efueS hebtpeer keer JeJemLee jKelee nQ, yeQke kes heeme efveeeceke leLee DeeefLe&ke hetbpeer oesveeW kes efueS Skeerke=le peesefKece / hetbpeer cee@[ue leweej kejves nsleg Ske megheefjYeeef<ele Deebleefjke hetbpeer heee&hlelee efveOee&jCe eefeee (DeeF&meerSSheer) veerefle nw leeefke meYeer peesefKeceeW SJeb Gefele hetbpeer Deeyebve kees Jeeheke he mes cetueebefkele efkeee pee mekes. Yeejleere efj]peJe& yeQke kes efoMeeefveoxMeeW kes Devegmeej yeQke ves Deefece peesefKece, heefjeeueve peesefKece kes efueS DeeOeejYetle mebkesleke heefle leLee meerDeejSDeej keer ieCevee kes efueS yeepeej peesefKece nsleg ceevekeerke=le DeeJeefOeke heefle Deheveeeer nw. hetbpeeriele DeeJeMekelee DeeefLe&ke HeefjJesMe, efveeeceke ]pejleeW leLee yeQke keer ieefleefJeefOeeeW mes nesves Jeeues peesefKece mes eYeeefJele nesleer nw. yeQke keer hetbpeeriele Deeeespevee kee GsMe DeeefLe&ke heefjefmLeefleeeW kes heefjJele&ve kes mecee, eneb leke efke DeeefLe&ke ceboer kes oewj ceW Yeer hetbpeer heee&hlelee kees megefveefMele kejvee nw. hetbpeeriele Deeeespeve keer eefeee ceW yeQke efvecveefueefKele keer meceer#ee kejlee nw:

yeQke keer ceewpetoe hetbpeeriele DeeJeMekelee. keejesyeej jCeveerele, veerele leLee peeseKece eJe=ee kes meboYe& ceW ueef#ele leLee f f f f OeejCeere hetpeer b YeefJe<e keer hetbpeeriele Deeeespevee Deieues leerve Je<e& kees Oeeve ceW jKekej keer peeleer nw.
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.
hebpeeriele eespevee kees Jeeef<e&ke DeeOeej hej mebMeeseOele efkeee peelee nw. yeQke keer t f veerele Deebleefjke hetpeer heee&hlelee cetueebkeve veerele (vetvelece 12% hetpeer heee&hlelee f b f b Devegheele ee mecee-mecee hej yeQke kes efveCe&eevegmeej) ceW efveOee&ejle hetpeer kees f b yeveeS jKevee nw, Fmekes meeLe ner yeQke keer veerele YeefJe<e ceW keejesyeej Je=e f f kes efueS hetpeer kees yeveees jKevee nw leeefke DeeJeMeke vetvelece hetpeer kees melele b b DeeOeej hej yeveeS jKee pee mekes. Devegceeve kes DeeOeej hej yeQke Deheves efveosMeke ceb[ue kes Devegceesove mes efej - I ee efej - 2 ceW hetpeer mebie=nerle kejlee b nw. yeQke kes efveosMeke ceb[ue eje efleceener DeeOeej hej yeQke keer hetpeer heee&hlelee b efmLeefle keer meceer#ee keer peeleer nw. Deewj Gmes Yeejleere efjpeJe& yeQke kees Yeer emlegle ] efkeee peelee nw. Ke) 31.03.2011 leke yeQke kes peesefKece Yeeefjle DeeefmleeeW (Deej[yueetS), vetvelece hetbpeeriele DeeJeMekelee leLee JeemleefJeke hetbpeer heee&hlelee keer efmLeefle efvecveevegmeej nw.
b.
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. The position of Banks Risk Weighted Assets (RWA), Minimum Capital requirement and Actual Capital Adequacy as on 31.03.2011 are as under:
113
2010 -11
(i) $e+Ce peesefKece : $e+Ce peesefKece kes mebyebOe ceW ceevekeerke=le heefle kes DeOeOeerve mebefJeYeeie (Deej[yuetS) eefleYeteflekejCe Skeheespej (Deej[yuetS) $e+Ce peesefKece ceW kegue peesefKece Oeeefjle Deeefmleeeb Deej[yuetS kes 9.00% keer oj mes $e+Ce peesefKece kes efueS vetvelece hetbpeeriele DeeJeMekelee (ii) yeepeej peesefKece :
(i) credit risk : Portfolios subject to standardised approach in respect of credit risk Securitisation exposures (RWA) Total RWAs in Credit Risk Minimum Capital Requirement for Credit Risk @9.00% of the RWAs (ii) market risk :
Deej[yuetS (yeemesue-II)/hetbpeer RWA(Basel-II)/Capital (jeefMe kejes[ ` ceW/ Amount in ` Crore)

187744.44
Metve/NIL 187744.44
16896.99
Interest rate risk (RWA) yeepe oj peesefKece (Deej[yuetS) Foreign exchange risk (including gold) (RWA) efJeosMeer cege efJeefvecee peesefKece (mJeCe& meefnle) (Deej[yuetS) Equity risk (RWA) FefkeJeer peesefKece Total RWAs in respect of Market Risk yeepeej peesefKece kes mebyebOe ceW kegue Deej[yuetS Minimum Capital Requirement for Market Risk Deej[yuetS kes 9.00% keer oj mes yeepeej peesefKece kes efueS @9.00% of the RWAs vetvelece hetbpeeriele DeeJeMekelee (iii) operational risk : (iii) heefjeeueve peesefKece : Basic indicator approach (RWA) DeeOeejYetle mebkesleke heefle Minimum Capital Requirement for Operational Deej[yuetS kes 9.00% keer oj mes heefjeeueve peesefKece kes Risk @9.00% of the RWAs efueS vetvelece hetbpeeriele DeeJeMekelee (iv) Total RWA, Capital & CRAR (iv) kegue Deej[yuetS, hetbpeer SJeb meerDeejSDeej Total RWAs in respect of Credit, Market & $e+Ce, yeepeej leLee heefjeeueve peesefKece kes efueS kegue operational Risk Deej[yuetS Minimum Capital Requirement for Credit Deej[yuetS kes 9.00% keer oj mes $e+Ce, yeepeej leLee Market & Operational Risk @9.00% of the heefjeeueve peesefKece kes efueS vetvelece hetbpeeriele DeeJeMekelee RWAs
6021.44 225.00 4568.38 10814.82 973.33
11331.22 1019.81
209890.48
18890.14
(v) JeemleefJeke efmLeefle hee$e efej I hetbpeer hee$e efej II hetbpeer kegue hee$e hetbpeer yeQke Dee@He ye[ewoe kes efueS kegue hetbpeeriele Devegheele meerDeejSDeej kegue Deej[yuetS kes efueS efej I hetbpeer kegue Deej[yuetS kes efueS efej II hetbpeer
IV.
(v) Actual Position

Eligible Tier I Capital Eligible Tier II Capital Total Eligible Capital Total capital ratio for Bank of Baroda: CRAR Tier I capital to Total RWA Tier II capital to Total RWA 14.52% 9.99% 4.53% 20974.23 9509.19 30483.42
$e+Ce peesefKece kes meboYe& ceW meeceeve ekeerkejCe ke. yeQke keer $e+Ce DeeefmleeeW kees Jeieeake=le kejves kes efueS yeQke keer efvecveefueefKele veerefle nw : iewj efve<heeoke Deeefmleeeb (SveheerS) : iewj efve<heeoke Deeefmleeeb (SveheerS) Ske Ssmee $e+Ce ee Deefece nw peneB i) ceereeoer $e+Ce kes meboYe& ceW 90 efove mes DeefOeke keer DeJeefOe kes efueS cetueOeve kee yeepe leLee / ee efkemle. Deefleose nes peeleer nw. ii) DeesJej [êHe / vekeo GOeej (Dees [er / meer meer) kes mebyebOe ceW Keelee Deefveeefcele jnlee nw. iii) Kejeros ieS leLee yeeke=le efyeue 90 efoveeW mes DeefOeke keer DeJeefOe kes efueS yekeeee Deefleose jnles nQ.
IV. General disclosures in respect of Credit Risk

a. The policy of the bank for classifying banks 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 out of order 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,
114

iv) DeuheeJeefOe HemeueeW kes efueS oes Hemeueer ceewmeceeW nsleg cetue jeefMe keer IV.
2010 -11
efkemle DeLeJee Gme hej yekeeee yeepe Deefleose nes peelee nw.
v)
uecyeer DeJeefOe keer HemeueeW kes efueS Ske Hemeueer ceewmece nsleg cetue jeefMe keer efkemle DeLeJee Gme hej yekeeee yeepe Deefleose nes peelee nw.
efkemeer Yeer Keeles kees Deefveeefcele Keeles kes he ceW ceevee peeSiee eefo Keeles ceW mJeerke=le meercee / DeenjCe meercee mes DeefOeke jeefMe 90 efove mes DeefOeke yekeeee jnleer nes. Ssmes ceeceueeW ceW, peneB cetue heefjeeueveiele Keeles ceW yekeeee Mes<e mJeerke=le meercee / DeenjCe meercee mes kece jnlee nes uesefkeve peneb legueve-he$e keer leejerKe kees efvejvlej he mes 90 efoveeW kes efueS DeLeJee Gmeer DeJeefOe kes oewjeve veeces efkeS ieS yeepe keer Jemetueer nsleg pecee jeefMe Mes<e veneR nes lees Ssmes KeeleeW kees Deefveeefcele Keeles keer esCeer ceW ceevee peeesiee. efkemeer Yeer $e+Ce megefJeOee kes Devleie&le yeQke kees ose efkemeer Yeer Ssmeer jeefMe kees Deefleose ceevee peeesiee eefo en yeQke eje efveOee&efjle ose leejerKe kees Deoe veneR keer peeleer nw.
iewj efve<Heeoke efveJesMe (Sve Heer DeeF&) eefleYetefleeeW kes mebyebOe ceW peneB yeepe/cetueOeve yekeeee nw, yeQke eefleYetefleeeW Hej Deee keer ieCevee veneR kejlee nw leLee efveJesMe kes cetue ceW cetueeme kes efueS mecegefele eeJeOeeve kejlee nw. iewj efve<Heeoke efveJesMe (SveHeerDeeF&) pees iewj efve<Heeoke Deefece (SveHeerS) kes meceeve ner nw, Gmes kenles nw peneB : (i) yeepe / efkemle (HeefjHekeJe eeeqHleeeW meefnle) ose nw Deewj 90 efoveeW mes DeefOeke mecee leke Deoe jnlee nw.
(ii)
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 overdue 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: l Sub standard Assets A sub standard asset is one which has remained NPA for a period less than or equal to 12 months. l Doubtful Assets An asset would be classified as doubtful if it has remained in the sub standard category for 12 months. l 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.
en DeefOeceeve MesejeW Hej peneB efveOee&efjle ueeYeebMe kee Yegieleeve venerb efkeee ieee nw, DeeJeMeke HeefjJele&veeW meefnle ueeiet neslee nw. F&eqkeJeer MesejeW kes ceeceues ceW, peneB efkemeer kebHeveer kes MesejeW kes efveJesMe kejves Hej cetue eefle kebHeveer 1/- hees efkeee ieee nw. Yeejleere efj]peJe& yeQke kes efveosMeeW kes Devegmeej Deeleve legueve He$e keer DevegHeueyOelee kes keejCe Gve FeqkeJeer Mesejesb keer ieCevee Yeer SveHeerDeeF& kes He ceW keer peeleer nw. eefo efveie&cekelee& eje eeHle keer ieF& keesF& $e+Ce megefJeOee yeQke keer yeefneeW ceW SveHeerS nw lees Gme efveie&cekelee& eje peejer keer ieF& efkemeer Yeer eefleYetefle ceW efveJesMe kees SveHeerDeeF& leLee efJeueescele: ceevee peeSiee. ef[yeWej / yeeb[ ces efveJesMe pees efke Deefece kes He ceW ceeves peeles nQ, efveJesMe Hej ueeiet nesves Jeeues SveHeerDeeF& ceeveob[ kes DeOeOeerve nQ.
(iii)
(iv)
(v)
yeQke keer iewj efve<Heeoke DeefmleeeW kees Deeies efvecveefueefKele -3- esefCeeeW ceW Jeieer&ke=le efkeee ieee nw. l DeJeceeveke Deeefmleeeb DeJeceeveke Deeefmle mes DeefYeeee, Ssmeer Deefmle mes nw pees efke 12 cenerveeW keer DeJeefOe mes kece DeLeJee Gme kes mecelegue DeJeefOe kes efueS iewj efve<heeoke Deeefmle jner nes. l mebefoiOe Deefmleeeb efkemeer Yeer Deefmle kees, 12 cenerveeW kes efueS DeJeceeveke esCeer ceW yeves jnves keer efmLeefle ceW Gmes mebefoiOe kes he ceW Jeieeake=le efkeee peeesiee. l neefve Jeeueer Deefmleeeb neefve Jeeueer Deefmle mes DeefYeeee Ssmeer Deefmle mes nQ peneb neefve yeQke DeLeJee Deebleefjke DeLeJee yeee uesKee hejer#ekeeW DeLeJee Yeejleere efjpeJe& yeQke kes efvejer#eCe eje helee eueer nes. neefve Jeeueer DeefmleeeW ceW GheueyOe eefleYetele kee Jemetueer eesie f cetue, yekeeee Mes<e / oseeW kee 10% mes DeefOeke veneR neslee nw.
115
2010 -11
Ke. keee&veerefle SJeb eefeeeSb yeQke keer, $e+Ce peeseKece eyebOeve kes cenlJehetCe& #es$eeW kees Meeefceue kejles ngS hetCe& he f mes heefjYeeef<ele $e+Ce veerele SJeb efveJesMe veerele nw pees efvecveevegmeej nw : f f DeLe&JeJemLee kes efJeefYeVe #es$eeW ceW Skemeheespej ($e+Ce) meerceeSb, $e+efCeeeW kes efJeefYeVe ekeej Deewj Gvekes ieghe Deewj Geesie $e+Ce efJelejCe ceW Gefele JeJenej mebefnlee yeQke ceW efJeefYeVe mlejeW kes eeefOekeeefjeeW kes efueS $e+Ce eoeve kejves mebyebOeer efJeJeskeeefOekeej $e+Ce efJelejCe eefeee- mJeerke=efle hetJe& efvejer#eCe, j kejvee, cetueebkeve, mJeerke=efle, omleeJespeerkejCe, ceeveerefjbie Deewj Jemetueer Deeefo kes mebyebOe ceW eefeeeSb cetue efveOee&jCe ie. $e+Ce peesefKece oMe&ve, yeQke keer mebjevee Deewj eCeeueer efvecveevegmeej nQ $e+Ce peesefKece oMe&ve peesefKece eyebOeve Fme ekeej efkeee peeS efke yeQke kes mebmeeOeveeW keer megj#ee, keeheexjs Je=ef SJeb mece=ef megefveefMele kejves kes meeLe en megefveefMele efkeee peeS efke Mesej OeejkeeW kes DeeefLe&ke cetue ceW ye{esejer nes leLee meYeer efnle OeejkeeW kes efnle mebjef#ele neW. yeQke Deheves efJeeere mebmeeOeveeW kees eefceke he mes megJeJeefmLele Deewj keejiej yeveeesb leeefke efJeefYeVe ewveueeW kees hejmhej pees[e pee mekes leLee yeQke kes meeceeve ue#eeW Deewj GsMeeW keer eeefhle keer pee mekes. DeLe&JeJemLee keer efJeefYeVe jeêre eeLeefcekeleeDeeW kees eespeveeye {bie mes hetje kejves kes efueS mebmLeeiele efJee kes DeefYeefveeespeve eje DeLe&JeJemLee kes efJeefYeVe Glheeoke #es$eeW ceW eespeveeye {bie mes ue#e eehle efkeS peeSb. GeceJeej $e+Ce mebmke=efle efJekeefmele kejvee Deewj heefjeeueve me@He kees meneesie eoeve kejvee. efJeefYeVe $e+Ceer JeieeX kees DeeJeMekelee hej DeeOeeefjle Deewj mecee hej $e+Ce megefJeOee GheueyOe kejJeevee. mJeerke=eflehetJe&, mJeerke=efle Ghejeble ceeefveefjbie, hee&Jes#eCe Deewj DevegJeleea keoce G"eles ngS $e+Ce eyebOeve keewMeue kees eYeeJeer yeveevee leeefke yeQke ceW keejiej $e+Ce mebmke=efle efJekeefmele keer pee mekes leLee $e+Ce mebefJeYeeie kees iegCeJeee ege yeveeee pee mekes. iegCeJeee cetueebkeve SJeb lelhejlee kes meeLe efJemle=le ceeie&efveosMeeW keer hetCe& Devegheelevee DeefOeke eYeeJehetCe& {bie mes kejles ngS $e+Ce emleeJeeW hej keee&Jeener kejvee. eqJeefYeVe efJeefveeeceke DeeJeMekeleeDeeW keer efJeMes<e he mes Yeejleere efjpeJe& yeQke / Deve eeefOekeeefjeeW, efveJesMe ceeveob[eW, eeLeefcekelee eehle #es$e kes ceeveob[eW, Deee heneeve Deewj Deeefmle JeieeakejCe ceeie&efveoxMe, hetbpeer heee&hlelee, $e+Ce peesefKece eyebOeve ceeie&efveoxMeeW Deeefo keer Devegheeuevee kejvee. yeQke keer mebjevee Deewj eCeeefueeeb yeQke ceW peesefKece eyebOeve keee&keueeheeW keer osKejsKe leLee mecevJee keeeex kes efueS yees[& eje efveosMekeeW keer Ske Ghemeefceefle kee ie"ve efkeee ieee nw.
b.
c.
$e+Ce veerefleeeW meefnle efJeefYeVe $e+Ce peesefKece veerefleeeW kees leweej kejves Deewj Gve kee efeeevJeeve megefveefMele kejves, $e+Ce eoeve kejves mebyebOeer veerefleeeW Deewj yeQke keer GeceJeej peesefKece eyebOeve keeeex keer efveeefcele osKejsKe kejves kes efueS $e+Ceveerefle meefceefle kee ie"ve efkeee ieee nw.
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 presanction inspection, rejection, appraisal, sanction, documentation, monitoring, and recovery. Fixation of pricing. 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 banks 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 Banks Enterprisewide Risk Management function on a regular basis.
116

$e+Ce emleeJeeW kes ceevekeeW, efJeeere emebefJeoeDeeW, jsefbie ceevekeeW leLee yeWeceeke& kes mebyebOe ceW ceeveke veerefleeeb leweej kejvee. $e+Ce peesefKece eyebOeve ke#e efveOee&efjle meerceeDeeW kes lenle heneeve, mlej, osKejsKe leLee $e+Ce peesefKece efveeb$eCe mebyebOeer keee& osKeles nQ. yees[& / efveeecekeeW Deeefo eje leweej efkeS ieS peesefKece ceeveob[ leLee mebYeeJevee meerceeDeeW kees ueeiet kejvee leLee Gvekee Devegheeueve megefveefMele kejvee. peesefKece cetueebkeve eCeeefueeeW kees leweej kejvee, Sce DeeF& Sme kee efJekeeme kejvee Deewj $e+Ce mebefJeYeeie keer iegCeJeee keer osKejsKe, mecemeeDeeW keer heneeve, keceer kees hetje kejvee. mebefJeYeeie cetueebkeve kejvee, DeLe&JeJemLee, Gheeesie hej legueveelceke efJeJesevee leweej kejvee, $e+Ce mebefJeYeeie hej ueeeruesheve kee hejer#eCe kejvee. leweej efkeS ieS efveeceeW Deewj ceeie& efveoxMeeW keer hetCe& he mes Devegheeuevee kes efueS $e+Ce meghego&ieer eCeeueer ceW megOeej ueevee.
d.
2010 -11
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.
Ie.
peeseKece efjheexeie keer mebYeeJeveeSb Je eke=efle Deewj/DeLeJee Deekeueve heefle f f b yeQke kes heeme Deheves $e+Ce peesefKece kes efueS ke[er $e+Ce peesefKece jsefbie eCeeueer GheueyOe nw. $e+Ce peesefKeceeW kees kece kejves kes eYeeJeer Gheeeesb ceW efkemeer Yeer Deeefmle efJeMes<e ceW peesefKece keer mebYeeJeveeDeeW kee helee ueieevee, meg{ Deeefmle iegCeJelee osKejsKe, yeQke keer mecee keee&veerefle Deewj $e+Ceveerefle kes Deveghe Dehesef#ele peesefKece efjve& ceeveob[eW kees hetje kejves kes efueS DeeefmleeeW keer keerceleeW kees ueeeruee yeveevee Meeefceue nQ. yeQke keer ke[er $e+Ce peeseKece jseie eCeeueer Devleje&ee mlej hej Deheveees pee f f b ^r jns mJehe Deewj efJee keer cenlJehetCe& eefeeeDeeW hej DeeOeeefjle nw Deewj en yeQke kees $e+Ce DeeefmleeeW ceW etke keer mebYeeJeveeDeeW kee efveOee&jCe kejves leLee etke keer iebYeerjlee kee helee ueieeves ceW meneesie kejleer nQ Deewj Fme ekeej en eCeeueer yeQke kees heefle efvecee&Ce leLee Deeefmle iegCeJeee kees yejkejej jKeves ceW ceoo kejleer nw. $e+Ce peesefKece kes mebyebOe ceW cee$eelceke ekeerkejCe efvecceevegmeej nw:
Industry (i)
e.
[.
Geesie
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 banks overall strategy and credit policy. The banks 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 allow the bank to build systems and initiate measures to maintain its asset quality. The Quantitative Disclosures in respect of Credit Risk are as under: 31.03.2011 kees As on 31.03.2011 ( Mes<e jeefMe kejes[ . ceW Balance Amount in Rs. Crores) Fund based Non Fund Based
efveefOe DeeOeeefjle
iewjefveefOe DeeOeeefjle
Total
kegue
(i) kegue mekeue $e+Ce peesefKece yekeeee
Mes<e (Jewefeke) (ii) yekeeee Mes<e kee Yeewieesefueke efJelejCe 1. Iejsuet DeesJejmeerpe 2. (iii) yekeeee Mes<e kee Geesie kes he ceW efJelejCe (Iejsuet) Geesie keeseuee Keveve ueesne SJeb Fmheele Deve Oeeleg SJeb Oeeleg Glheeo

Total gross credit risk outstanding balance (global)
231325.53
42065.47 273391.00
(ii) Geographic distribution of outstanding balance 1.Domestic 2. Overseas (iii) Industry distribution of outstanding balance (Domestic) Industry COAL MINING IRON & STEEL OTHER METALS & METAL PRODUCT ALL ENGINEERING
171801.48 59524.05
33094.97 204896.45 8970.50 68494.55
89.42 800.19 8081.70 2555.81 5427.73
80.59 225.39 3262.02 668.36 4339.55
170.01 1025.58 11343.72 3224.17 9767.28
meYeer Fbpeerefveeefjbie
117
2010 -11
Geesie
Industry OF WHICH : ELECTRONICS ELECTRICITY (GEN. & TRANS.) COTTON TEXTILES JUTE TEXTILES OTHERS TEXTILES SUGAR TEA FOOD PROCESSING VEGETABLE OILS (INCL.VANASPA TOBACCO & TOBACCO PRODUCTS PAPER & PAPER PRODUCTS RUBBER & RUBBER PRODUCTS CHEMICALS,DYES,PAINTS & PHAR OF WHICH : FERTILIZERS PETRO-CHEMICALS DRUGS & PHARMACEUTI CEMENT LEATHER & LEATHER PRODUCTS GEMS & JEWELLERY CONSTRUCTION PETROLEUM AUTOMOBILES INCLUDING TRUCKS COMPUTER SOFTWARE INFRASTRUCTURE OF WHICH: POWER TELECOMMUNICATION ROADS PORTS OTHER INFRASTRUCTURE NBFCs TRADING OTHER INDUSTRIES OF WHICH: BEVERAGES WOOD GLASS PLASTIC TOTAL
Fund based Non Fund Based 1491.55 8018.35 3538.88 112.06 4849.66 803.47 33.40 2065.33 474.59 144.32 1058.45 725.48 5013.88
efveefOe DeeOeeefjle
iewjefveefOe DeeOeeefjle
344.48 232.82 305.73 41.51 805.18 8.22 0.54 211.26 906.99 2.77 241.42 91.53 1439.04
Total
kegue
efpemeceW mes Fueskeê@efvekeme Fuesefkeêfmeer (pesvejsMeve SJeb êbmeefceMeve) kee@ve skemeeFume pet skemeeFume Deve skemeeFume eerveer eee Het[ eesmesefmebie Jesefpesyeue Dee@eue (Jevemheefle meefnle) lecyeeket SJeb lecyeeket Glheeo keeiepe SJeb keeiepe Glheeo jye[, SJeb jye[ Glheeo kesefcekeue, [eF& heWme SJeb Heecee&. Fvecesb mes Heef&ueeFpeme& hesês kesefcekeume [îe SJeb Heecee&metefkeume meerceW uesoj SJeb uesoj Glheeo pescme SJeb pJesuejer efvecee&Ce hesêsefueece ^ke meefnle Dee@esceesyeeFue kechetj mee@HeJesej DeeOeejYetle megefJeOeeSB FveceW mes Hee@Jej mebeej me[ke yebojieen Deve DeeOeejYetle megefJeOeeSb iewj yeQefkebie efJeeere kecheefveeeb ^sef[bie Deve Geesie efpemeceW mes : Hese HeoeLe& ueke[er iueeme hueeefmke kegue
1836.03 8251.17 3844.61 153.56 5654.84 811.69 33.94 2276.59 1381.58 147.09 1299.86 817.01 6452.91
483.09 325.87 1990.71 838.68 329.27 856.40 3641.64 3422.14 1553.87 108.66 18714.01 5981.65 5066.72 3642.45 1180.30 2842.88 8450.63 7766.94 4383.19 234.61 369.94 528.14 1959.74 93858.15
547.83 120.11 205.60 106.82 88.00 58.14 794.98 36.56 546.84 65.79 4579.26 1631.46 590.16 1697.08 93.09 567.47 4.12 4444.35 1738.90 5.16 74.34 115.26 453.21
1030.92 445.98 2196.31 945.50 417.28 914.54 4436.62 3458.70 2100.71 174.44 23293.26 7613.11 5656.88 5339.53 1273.39 3410.35 8454.75 12211.29 6122.10 239.77 444.28 643.40 2412.96
25326.68 119184.84
118

GeesieeW ceW $e+Ce Skemehees]pej, peneb yekeeee Skemehees]pej yeQke kes kegue Iejsuet $e+Ce Skemehees]pej kes 5% mes DeefOeke nw, Fme ekeej nw, ece mebKee
1 2 3 4 5 6
2010 -11
Credit exposure in industries where out standing exposure is more than 5% of the total domestic credit exposure of the bank are as follows:
Geesie
Industry
Skemehees]pej jeefMe (kejes[ . ceW) kegue Iejsuet Skemehees]pej kee %

Exposure amt. (in cr.) % of Total Domestic Exposure
Sr no
ueesne Deewj Fmheele Iron and Steel ^sef[bie Trading efJeegle (pesvejsMeve SJeb êbme) Electricity (generation & Trans) kesefcekeue, [eF& heWdme leLee Heecee&. Chem., Dyes, Paints & Pharma Hee@Jej Power SveyeerSHemeer NBFC
f.
11343.72 12211.29 8251.17 6452.91 7613.11 8454.75

Residual maturity breakdown of assets
Other Foreign Currency Assets Int'l Total (C )
9.52 10.24 6.92 5.41 6.39 7.09
e.
DeefmleeeW keer DeJeefMe heefjhekeJelee kee efJeues<eCe

Time bucket
meceeeJeefOe
Deefece Advances
Domestic Domestic Rupee Fgn Currency Int'l Total (A)
efveJesMe Investments
Domestic Int'l
efJeosMeer cege Deeefmleeeb
Total (B) Domestic
Total Assets (A+B+C) 11145.87 9324.19 6929.90 8253.38 3.26% 2.72% 2.03% 2.41%
kegue Deeefmleeeb
eefleMele
%age
1 efove 2-7 efove 8-14 efove 15-28 efove
1 Day 2-7 Days 8-14 Days 15-28 Days
1186.80 3160.64 3652.65 2402.46 14534.43 16902.58
14.27 56.19 39.70 88.68 1231.21 1510.14 1145.57 74.45 28.84 9.31 4198.36
1988.15 838.37 1027.53 2674.75 11291.31 10811.09 9597.38 8674.65 9012.85 3352.41 59268.49
3189.22 4055.21 4719.87 5165.89 27056.95 29223.81 30160.55 43314.63
308.78 987.36 164.08 336.91 2611.74 555.02 1672.34 6539.49
0.00 34.01 97.86 136.82 277.00 522.87 322.36 761.61
308.78 1021.37 261.94 473.73 2888.74 1077.89 1994.70 7301.10
9.00 98.23 334.88 160.74
7638.87 7647.87 4149.38 4247.61 1613.21 1948.09 2453.02 2613.76
29 efove-90 efove 29-90 Days 3 cenerves-6 cenerves 3-6 months
1803.04 10254.57 12057.61 0.00 0.00 99.44 0.00 0.00 3871.13 3871.13 5121.81 5121.81 1167.03 1266.47 913.01 913.01
42003.30 12.27% 34172.83 9.99%
6 cenerves-12 cenerves 6 - 12 months 19417.59 1 Je<e&-3 Je<e& 3 Je<e&-5 Je<e&

1-3 years 3-5 years 34565.53 19949.56
37277.06 10.89% 51882.20 15.16% 43826.19 12.81% 97374.11 28.46%
28991.24 13188.01 52798.99 41300.64 228676.36 67664.37
733.93 13921.94 709.80 42010.44 3596.26 71260.63
5 Je<e& mes DeefOeke Over 5 years 49437.27 kegue

TOTAL 165209.51
2564.68 2564.68
2505.33 39746.71 42252.04 342189.03 100.00%
iewj eqve<heeoke DeefeceeW SJeb efveJesMeeW kes yeejs ceW ekeerkejCe eceebke
i
g.
Disclosures in respect of Non Performing Advances and Investments Asset Category
Sr. No.
Deeefmle esCeer SveheerS (mekeue) DeJeceeveke mebefoiOe 1 mebefoiOe 2 mebefoiOe 3 neefve

i
jeeqMe kejes[ ` ceW Amount in ` Crores

3152.50 1097.23 857.66 390.44 88.54 718.63
NPAs (Gross): Substandard Doubtful 1 Doubtful 2 Doubtful 3 Loss
119
2010 -11
Sr. No. ii
eceebke
Deeefmle esCeer Meg SveheerS kegue SveheerS Devegheele mekeue DeefeceeW ceW mekeue SveheerS efveJeue Deefece ceW efveJeue SveheerS
ii Net NPAs Total iii
Asset Category
jeeqMe kejes[ ` ceW Amount in ` Crores

790.88
iii
NPA Ratios Gross NPAs to gross advances Net NPAs to net advances 1.36% 0.35% 2400.69 1897.01 1145.20 3152.50 1798.37 1178.86 615.61 2361.62 275.63 242.46
iv
SveheerS (mekeue) kee cetJeceW eejbefYeke Mes<e pees[ IeeJe Deefvlece Mes<e
iv
Movement of NPA(Gross) Opening balance Additions Reductions Closing balance
SveheerS kes efueS eeJeOeeve kee cetJeceW eejbefYeke Mes<e Je<e& kes oewjeve efkeee ieee eeJeOeeve yes Keeles/DeefOeke eeJeOeeve kee hegvejebkeve Deefvlece Mes<e
Movement of provisions for NPAs Opening balance Provisions made during the year Write off/ Write back of excess provision Closing balance
vi
iewj efve<heeoke efveJesMe iewj efve<heeoke efveJesMe jeeqMe iewj efve<heeoke efveJesMe kes efueS jKes iees eeJeOeeve keer jeeqMe
vi
Non Performing Investments Amount of Non-Performing Investments Amount of provisions held for nonperforming investment
vii
Je<e& kes oewjeve efveJesMe hej cetueeme nsleg eeJeOeeveeW kee vii Movement of provisions for depreciation on investments during the year cetJeceW eejbefYeke Mes<e DeJeefOe kes oewjeve efkeee ieee eeJeOeeve hegvejebkeve Deefvlece Mes<e
Opening balance Provisions made during the period Write-back Closing balance 527.21 *112.03 159.71 479.53
* . 7.74 kejes[ kes efJeefvecee Gleej-e{eJe kees Devleje&êre Skemehees]pej kes efueS meceeeesefpele efkeee ieee nw. *Exchange fluctuation of Rs. 7.74 cr has been adjusted for international exposure. V.
$e+Ce peeseKece : ceevekeerke=le heefle kes lenle heesHeeseueees nsleg f & f ekeerkejCe
ceevekeerrke=le heefle kes lenle yeQke Yeejleere efjpeJe& yeQke eje Devegceesefole meYeer F&meerSDeeF& (yeee $e+Ce cetueekeve mebmLeeve) eLee meerSDeejF&, efeefmeue, efHee (Fbef[ee), Deewj DeeFmeerDeejS keer Iejsuet $e+Ce Skemeheespej nsleg jsefbie kees mJeerkeej kejlee nw. efJeosMeer $e+Ce Skemeheespej kes efueS yeQke msC[[& SJeb hetDej, cet[er, leLee efHee keer jsefbie mJeerkeej kejlee nw. yeQke keeheexjs leLee meeJe&peefveke #es$e eefleeve kes GOeejkelee&DeeW kees F&meerSDeeF& mes jsefbie uesves kees eeslmeeefnle kejlee nw Deewj Gmeves peneB kener Ssmeer jsefbie GheueyOe nw. JeneB peesefKece hej DeeefmleeeW keer ieCevee kejves kes efueS Fve jsefbieeW kee Gheeesie efkeee nw. efvecveefueefKele ecegKe peesefKece mecetneW ceW ceevekeerke=le heefle (cetueebefkele Deewj iewj cetueebefkele) kes Devegmeej peesefKece kece kejves kes heeele, peesefKece jeefMeeeB Fme ekeej 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), and ICRA for domestic credit exposures. For overseas credit exposures the bank accepts rating of Standard & Poor, Moodys 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:
120

VI.
2010 -11
Deefece peesefKece vetveerkejCe

Category of Risk Weight Below 100 % risk weight 100 % risk weight More than 100 % risk weight Total CRM Deducted Total Exposure
VI. Credit risk mitigation:
jeefMe kejes[ hees ceW Amount in Cr.

Outstanding Exposure
peesefKece Yeej keer esCeer 100% peesefKece Yeej mes kece 100% peesefKece Yeej 100% peesefKece Yeej mes DeefOeke kegue meerDeejSce keewleer kegue Skemehees]pej
yekeeee Skemeheespej
151082.94 92095.02 12891.89 17321.15 273391.00
ke. yeQke Deheves GOeejkelee&DeeW hej Skemeheespej (efveefOe DeeOeeefjle leLee iewj efveefOe DeeOeeefjle) kees mebjef#ele kejves kes efueS efJeefYeVe ekeej keer eefleYeteleeeB (pees f efke mebheeefe&ke he ceW Yeer nes mekeleer nw) eehle kejles nw. yeQke ves Yeejleere efjpeJe& yeQke kes efoMee-efveoxMeeW kes Devegmeej keg Deefece peeseKece vetve ] f kejves kes yeejs ceW Skemeheespej ceW keceer keer veerele kees Deheveeee nw, peneb f keneR keeheexj ieejber Deefece peeseKece vetve kejves kes he ceW GheueyOe s f nw, Deefece peeseKece GheueyOe ieejber keer meercee leke ieejberoeleeDeeW kees f Debleefjle efkeee peelee nw. meeceevele: efvecveefueefKele ekeej keer eefleYeteleeeB f (cegKe eefleYeteleeeB DeLeJee mebHeeefe&ke eefleYeteleeeB) ueer peeleer nw. f f 1. 2. 3. 4. 5. me@ke, eue ceMeervejer Fleeefo pewmeer eue DeeefmleeeB. Yetefce, efyeefu[bie, hueeb leLee ceMeervejer pewmeer Deeue DeefmleeeB. Devegceesefole meteer kes Devegmeej Mesej yeQke keer mJeeefOeke=le peceejeefMeeeB. jeêe yeele eceeCehe$e, efkemeeve efJekeeme he$e, SueDeeFmeer hee@eueefmeeeB, r f kesvere/jepe mejkeejeW Deeefo eje peejer keer ieF& HeeleYeteleeeB Fleeefo f f 6. $e+Ce HeefleYetefleeeb - keefleHee Meleexb kes meeLe Devegceesefole kesef[ jsefbie Spesvmeer eje jsefbie eeHle 7. $e+Ce HeefleYetefleeeb keefleHee Melees kes meeLe yeQke eje peejer keer ieF&iewj-jsefbie eeHle 8. cetegDeue Heb[eW keer etefveW 9. iewj efveefOe DeeOeeefjle megefJeOeeDeeW kes hess vekeoer ceeefpe&ve. 10. mJeCe& SJeb mJeCe& DeeYet<eCe
yeQke ves, yeQke kees eYeeefjle eefleYetefleeeW kes cetueebkeve kes mebyebOe ceW yesnlej veerefle leweej keer nw. yeQke ves Thej ece mebKee 4 mes 10 hej GefuueefKele eefleYetefleeeW kees $e+Ce peesefKece nsleg ceevekeerke=le heefle yeemesue-II kes Devleie&le $e+Ce peesefKece keceer keejke kes he ceW efueee nw] yeQke kes $e+Ce peesefKece kes SJepe ceW ieejbjeW kes ecegKe ekeej efvecveevegmeej nQ: Jeweefkeleke (Jeefeiele ieejbefee) keeheexjsdme kesvere mejkeej jepe mejkeej F&meerpeermeer meerpeererSceSmeF& meerDeejSce mebheeefe&ke ecegKele: yeQke keer mJeeb keer pecee-jeefMeeeW kes hess $e+CeeW ceW Deewj mejkeejer eefleYetefleeeW, SueDeeF&meer hee@efueefmeeeW kes hess $e+CeeW ceW GheueyOe nesles nQ DeLee&le es kegue meerDeejSce kee ecegKe Yeeie nesles nQ.
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. Banks own deposits 5. NSCs, KVPs, LIC policies, Securities issued by Central & State Governments etc. 6. Debt securities - rated by approved credit rating agency- with certain conditions 7. Debt securities- not rated- issued by a bank- with certain conditions 8. Units of Mutual funds 9. Cash Margin against Non-fund based facilities 10. 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 for on-balance sheet netting 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 Banks Own Deposit and Loans against Government Securities, LIC Policies constitute a major percentile of total CRM.
121
2010 -11
meerDeejSce eefleYeteleeeb, iewj efveefOe DeeOeeefjle megeJeOeeDeeW pewmes ieejbeeeW Deewj f f f $e+Ce-he$eeW ceW Yeer ueer peeleer nw. yeQke kes Skemeheespeme& kes mebyebOe ceW meerDeejSce kes he ceW GheueyOe hee$e ieejbjesb (yeemesue ~~ kes Devegmeej) ceW kesvere/jepe mejkeej, F&meerpeermeer, meerpeererSmeDeeF&, kebêr Hee& keer DeHes#ee kece peeseKece Yeej Jeeues yeQke Je HeeLeefceke [eruej leLee Deve f mebmLeeSb (cegKele: Hesj, Deveg<ebieer leLee mebyebOe kebHeefveeeb) efpevnW SS (-) ee yesnlej W jseie oer ieF& nw, Meeefceue nQ. f b Ke. eleske $e+Ce peeseKece mebeJeYeeie kes efueS kegue Skemeheespej, pees efke hee$e efJeeere f f mebheeefe&ke eje keJej efkeee ieee nw, ceeefpe&ve kees ueieeves kes heMeele efvecveevegmeej nw: $e+Ce peeseKece mebeJeYeeie f f osMeer ieejber efJeosMeer ieejber meeJe&peefveke #es$e FkeeFeeb yeQkeeW hej oeJes eeLeefceke [erueme& kee@heexjme s d #es$eere efjsue mebeJeYeeie f DeeJeemeere mebheefe JeeefCeefpeke efjeue Fms efJeefMe eseCeeeb f Deve Deeefmleeeb kegue ] ie.
b.
CRM securities are also taken in non fund based facilities like Guarantees and Letters of Credit. Eligible guarantors (as per Basel-II) available as CRM in respect of Banks exposures are mainly Central/ State Government, ECGC, CGTSI, 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. For each credit risk portfolio, total exposure that is covered by eligible financial collateral, after application of haircut is as under: jeefMe kejes[ hees ceW Amount in Cr.
Credit Risk Portfolio Domestic Sovereign Foreign Sovereign Public Sector Entities Claims on Banks Primary Dealers Corporates Reg Retail Portfolio Residential Property Commercial Real Esate Sepeicified Categories Other Assets TOTAL
Financial Collateral (post haircut) 0.15 34.65 839.83 142.70 0.02 10254.40 5028.11 106.74 21.14 304.21 589.20 17321.15 c. Details of exposures that are covered by Guarantees (permitted by RBI)
efJeeere mebheeefe&ke (ceeefpe&ve heMeeled)
SkemeheespejeW pees efke ieejbefeeW eje keJej efkeS ieS nw, (DeejyeerDeeF& eje Devegceefle eehle) Gvekee efJeJejCe Deeefmle esCeer
Asset category
Claims on ECGC
F&meerpeermeer hej oeJee
meerpeererSceSmeF& SS Deewj hej oeJee Thej jsefbie

Claims on CGTMSE
Rated AA Guarantee by and above State Govt 0.00 49.97 0.00 0.00 65.21 0.00 0.00 0.00 0.00 0.00 115.19 0.00 4548.40 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4548.40
jepe mejkeej eje ieejber
Guarantee by Central Govt
kesvere mejkeej Deve yeQke eje eje ieejber ieejber

Guarantee by other Bank
osMeer ieejbefeeb meeJe&peefveke #es$e keer FkeeFeeb yeQkeeW hej oeJes eeLeefceke [erueme& kee@heexjme s d efJeefveeeceke efjsue DeeJeemeere mebheefe JeeefCeefpeke efjeue Fms efJeefMe eseCeeeb f Deve Deeefmleeeb kegue ]
Domestic Sovereigns Public Sector Entity Claims on Banks Primary Dealers Corporates Regulatory Retail Residential Property Comm. Real Estate Specified Categories Other Assets TOTAL
0.00 0.13 0.00 0.00 3799.06 405.97 0.00 0.00 0.06 0.00 4205.22
0.00 0.00 0.00 0.00 0.00 39.40 0.00 0.00 0.00 0.00 39.40
0.00 3108.47 0.00 0.00 29.91 0.03 0.00 0.00 0.00 0.00 3138.42
0.00 2.30 429.48 0.00 664.47 106.56 0.00 0.00 0.00 0.00 1202.81
122

VII.
2010 -11
eefleYeteflekejCe
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, 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, 2011. In the process of securitization bank has acted as provider of credit enhancement for an amount of Rs.11.47 crores as on 31.03.2011 which has been deducted for the capital of the Bank. There is no case of retained exposure in respect of securitization. Amount of securitization exposure purchased by the bank is as under:-
ke. yeQke keer Ske eefleYetefle veerefle nw efpemes yees[& eje Devegceesefole efkeee ieee nw. veerefle kes Devegmeej eefleYetle efkees peeves Jeeues mebefJeYeeie keer eke=efle efjsue $e+Ce (DeeJeeme $e+Ce, Dee@es $e+Ce, heefjmebheefeeeW kes hess Deefece, Jeweefeke $e+Ce leLee esef[ kee[&dme) SmeSmeDeeF& SJeb DeeOeejYetle heefjeespevee $e+Ce nw. efoveebke 31 ceee&, 2011 leke yeQke kes heeme Deheveer DeeefmleeeW kees eefleYetle kejves kee keesF& ceeceuee veneR nw. Ke. eefleYeteflekejCe keer eefeee ceW yeQke ves efoveebke 31.3.2011 kees hees 11.47 kejes[ keer jeefMe kes efueS $e+Ce mebJeOe&ve eoelee kes he ceW keee& efkeee nw efpemes yeQke keer hetbpeer mes keee ieee nw. ie. eefleYeteflekejCe kes mebyebOe ceW eefleOeeefjle Skemeheespej kee keesF& ceeceuee veneR nw. yeQke eje Kejeros ieS eefleYeteflekejCe Skemeheespej keer jeefMe efvecveevegmeej nw:
b.
c.
jeefMe kejes[ hees ceW Amount in Cr. efJeosMeer $e+Ce jsefbie kes Devegmeej peesefKece Yeej esCeer
Risk weight category as per external credit rating Book value
yener cetue
yeQefkebie yegke kes Devleie&le jKeer ieeer jeefMe

Amt held under banking book 66.64 66.64
RW % 100 100
peesefKece Yeej %
peesefKece meceeeesefpele cetue

Risk adjusted value 66.44 66.64
SSS - efeefmeue kegue Ie. e.

VIII.
AAA CRISIL Total
66.64 66.64 d. e.
erej I Deewj erej II eleske keer hetbpeer mes $e+Ce mebJeOe&ve kes 50% kes he ceW hees 5.74 kejes[ jeefMe keer keewleer keer ieeer nw. yeQke keer Je<e& 2010-11 kes oewjeve Deheveer efkemeer Yeer ceeveke DeeefmleeeW kee eefleYeteflekejCe kejves keer keesF& eespevee veneR nw.
An amount of Rs.5.74cr has been deducted from each of Tier I and Tier II capital as 50% of credit enhancement. The bank does not presently plan to securitise any of its standard assets during the year 2010-11. The Bank defines market risk as potential loss that the Bank may incur due to adverse developments in market prices. The following risks are identified as Market risk:

Jeeheej yener ceW yeepeej peesefKece

yeQke, yeepeej peesefKece kees Ssmeer mebYeeJe neefve ceW Jeieeake=le kejlee nw pees yeepeej cetueeW ceW eefleketue heefjefmLeefleeeW kes keejCe nes mekeleer nw.

VIII. Market risk in trading book
yeepe oj peesefKece
Interest Rate Risk Currency Risk Price risk
kejWmeer peesefKece cetue peesefKece
peesefKece eyebOeve kes efueS yeQke kes efveosMeke ceb[ue ves efJeefYeVe meerceeSb efveOee&efjle keer nQ pewmes mekeue efveheeve meerceeSb, #eefle jesOe meerceeSb, Deewj peesefKece meerceeDeeW hej cetue Deeefo. peesefKece meerceeSb, Kegueer yeepeejiele efmLeefleeeW mes GlheVe peesefKeceeW kees efveebef$ele kejleer nQ.#eefle jesOe neefve meercee, Jemetueerke=le Deewj DeJemetueerke=le neefveeeW kes he ceW ueer peeleer nw. yeQke ves Yeejleere efjpeJe& yeQke kes efoMee-efveoxMeeW kes Devegmeej JeJemeee mebefJeYeeie hej yeepeej peesefKece mes mebyebefOele hetbpeer eYeej keerr ieCevee kejves kes efueS Ske mecegefele heefle leweej keer nw DeLee&le ceevekeerke=le DeJeefOe heefle. Fme ekeej Deekeefuele hetbpeer eYeej kees peesefKece Yeeefjle DeeefmleeeW ceW heebleefjle efkeee ieee nw. $e+Ce peesefKece kes efueS mekeue peesefKece Yeeefjle DeeefmleeeW, yeepeej peesefKece Deewj heefjeeueve peesefKece kees yeemesue-II kes Devleie&le yeQke kes meerDeejSDeej efveOee&jCe kejves kes efueS efnmeeye ceW efueee peelee nw.
To manage risk, Banks 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 aggregated Risk Weighted Assets for credit risk, market risk and operational risk are taken in to consideration for calculating the Banks CRAR under Basel-II.
123
2010 -11
efoveebke 31 ceee& 2011 kees yeepeej peesefKece (ceevekeerke=le DeJeefOe heefle kes Devegmeej) mebyebOeer hetbpeer eYeej leLee peesefKece Jeeueer Deeefmleeeb efvecveevegmeej nQ.
Risk Weighted Assets and Capital Charge on Market Risk (as per Standardised Duration Approach) as on 31st March 2011 are as under: (. kejes[ ceW Rs. in Cr.)
peesefKece Yeej Deeefmleeeb yeepe oj peesefKece FefkeJeer efmLeefle peesefKece efJeosMeer cege peesefKece kegue hetbpeer eceej
IX. Interest Rate Risk Equity Position Risk Foreign Exchange Risk Total Capital Charge RWAs 6021.44 4568.38 225.00 10814.82
Capital Charge 541.93 411.15 20.25 973.33
hetbpeer eceej
heefjeeueve peesefKece
Yeejleere efjpeJe& yeQke kes efoMee-efveoxMeeW kes Devegmeej yeQke ves heefjeeueve peeseKece f nsleg hetpeer DeeJeMekeleeDeeW kee Deekeueve kejves kes efueS DeeOeejYetle meteke heefle b f Deheveeeer nw. cetue heefle kes Devleie&le, iele 3 Je<eeX keer Deewmele Deee kees peeseKece Yeeefjle Deeefmle leke ueeves kees Oeeve ceW jKee ieee 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 Asset.
X.
yeQefkebie yeefneeW ceW yeepe oj peesefKece (DeeF&DeejDeejyeeryeer)

yeepe oj peesefKece kees oes heefleeeW kes ceeOece mes efveOee&efjle Je ceeveerj efkeee peelee nw. (i) peesefKece hej Deee (heejbheefjke Devlej efJeMuess<eCe) (DeuheeJeefOe) Fme heefle kes lenle yeepe ojeW ceW heefjJele&veeW kee yeQke keer Meg yeepe Deee hej he[ves Jeeues lelkeeue eYeeJe kee eqJeMues<eCe efkeee ieee nw. peesefKece hej Deee kees efJeefYeVe heefjMeeW ces efvecveevegmeej efJeMuesef<ele efkeee ieee nw. 1. Deee jsKee peesefKece : DeeefmleeeW Deewj oseleeDeeW kes efueS 1% meceeveeblej heefjJele&ve kee Devegceeve ueieeee ieee nw. 2. DeeefmleeeW kes efueS esCeer-Jeej efYeVe Deee heefjJele&veeW kee Devegceeve ueieeee ieee nw Deewj es oseleeDeeW hej Yeer ueeiet nesles nQ. 3.
(ii)
ke
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) It is done by calculating modified duration of assets and the liabilities to finally arrive at the modified duration of equity. This approach assumes parallel shift in the yield curve for a given change in the yield. Impact on the Economic Value of Equity is also analysed for a 200 bps rate shock as indicated by RBI. Market linked yields for respective maturities are used in the calculation of the modified duration. The analysis of banks 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. The net impact on Net Interest Income (NII) of the bank against 100 bps increase in interest rates is increase of Rs. 172.11 Crore in the Domestic Operations (Rupee resources and deployment) and Rs. 50.42 Crore in International Operations.
Ssefleneefmeke eJe=efle kes Devegmeej DeeOeej peesefKece SJeb meceeefnle efJekeuhe peesefKece kee Devegceeve ueieeee ieee nw.
FefkeJeer kee DeeefLe&ke cetue (DeJeefOe Devlej efJeues<eCe) (oerIee&JeefOe)
en keee& DeeefmleeeW SJeb oseleeDeeW keer mebMeesefOele DeJeefOe keer ieCevee kejkes efkeee peelee nw leeefke FefkeJeer keer mebMeesefOele DeJeefOe kee efveOee&jCe efkeee pee mekes. Fme heefle kees Deee ceW efoS HeefjJele&ve nsleg Deee jsKee ceW meceevlej efMeHe ceevee peelee nw. FefkeJeer kes DeeefLe&ke cetue Hej HeYeeJe kees pewmee Yeejleere efjpeJe& yeQke ves efJeMuesef<ele efkeee nw, efveeefcele DeblejeueeW Hej 200 DeeOeej Debkeere oj nsleg efJeMuesef<ele efkeee peelee nw. mebyebefOele HeefjHekeJelee kes efueS yeepeej menye Deee kees mebMeesefOele DeJeefOe keer ieCevee ceW Heegkele efkeee peelee nw. yeQefkeie yeefneeW ceW yewke kes yeepe oj peesefKece kee efJeMues<eCe oesveeW Iejsuet leLee efJeosMeer HeefjeeueveeW kes efueS efkeee peelee nw. Iejsuet HeefjeeueveeW kes efueS FefkeJeer kes DeeefLe&ke cetue kee Deekeueve leLee efveiejeveer efleceener DeeOeej Hej keer peeleer nw. Ke. yeepe-ojeW ceW 100 DeeOeej Debkeere cetJeceW kes hess yeQke keer Meg yeepe Deee hej Meg eYeeJe Iejsuet heefjeeuekeeW kes efueS . 172.11 kejes[ nw (heee mebmeeOeve SJeb heefjeespeve) peyeefke Devleje&<êre HeefjeeueveeW kes efueS en 50.42 kejes[ heS nw.
b.
124
2010 -11
cenlJehetCe& efJeeere meteke

S.No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Key Financial Indicators

e.meb.
Particulars
efJeJejCe
(In Percentage)
eefleMele ceW
31.03.2007 7.22% 4.35% 3.05% 2.87% 1.11% 2.04% 51.30% 1.94% 0.82% 12.17% 0.72% 0.80% 8.37% 4.77% 24.59%
31.03.2008 7.63% 5.10% 2.90% 2.53% 1.32% 1.96% 50.89% 1.89% 0.93% 15.07% 0.80% 0.89% 9.53% 5.69% 23.75%
31.03.2009 7.78% 5.14% 2.91% 2.64% 1.42% 1.84% 45.38% 2.22% 1.15% 19.48% 0.98% 1.10% 9.50% 5.71% 17.22%
31.03.2010 6.86% 4.42% 2.74% 2.44% 1.15% 1.56% 43.57% 2.03% 1.26% 22.19% 1.10% 1.21% 8.55% 4.90% 20.90%
31.03.2011 6.97% 4.16% 3.12% 2.80% 0.89% 1.47% 39.87% 2.22% 1.35% 21.48% 1.18% 1.33% 8.49% 4.56% 17.76%
yeepe Deee / Deewmele keee&Meerue efveefOeeeb (S[yuetSHe) yeepe Jee / S[yuetSHe Meg yeepe ceeefpe&ve
Interest Income / Average Working Funds (AWF) Interest expenses / AWF Net Interest Margin (NIM)
yeepe efJemleej / S[yuetSHe
Interest spread / AWF Non-Interest Income / AWF Operating expenses / AWF
iewj-yeepe Deee / S[yuetSHe
heefjeeueve Jee / S[yuetSHe
ueeiele-Deee Devegheele
Cost Income Ratio
mekeue (heefjeeueve) ueeYe / S[yuetSHe Meg ueeYe / S[yuetSHe

Net profit / AWF
Gross (Operating) profit / AWF
Meg ceeefueele Hej HeefleueeYe DeeefmleeeW Hej HeefleueeYe
Return on Net Worth Return on Assets
Deewmele DeeefmleeeW hej eefleueeYe DeefeceeW hej eefleHeue
Return on Average Assets Yield on Advances
peceejeefMeeeW keer ueeiele

Cost of Deposits
ueeYeebMe Yegieleeve Devegheele (keejheesjs ueeYeebMe kej meefnle)
Dividend payout Ratio (including Corporate Dividend Tax) 16 17
$e+Ce pecee Devegheele
74.35% 80.21%
77.32% 82.78%
81.94% 87.44%
84.47% 88.74%
86.77% 90.29%
Credit -- Deposit Ratio
Credit + Non SLR Investment (excluding Investments in Subsidiaries) -- Deposit Ratio 18
$e+Ce + iewj meebefJeefOeke lejuelee Devegheele efveJesMe (Deveg<ebieer FkeeFeeW ceW efveJesMe kees es[kej) pecee Devegheele
hetbpeer heee&hlelee Devegheele (yeemesue I) Capital Adequacy Ratio (BASEL I) erej Tier - I erej Tier - II
11.80% 8.74% 3.06% ----
12.91% 7.63% 5.28% 12.94% 7.64% 5.30%
12.88% 7.79% 5.09% 14.05% 8.49% 5.56%
12.84% 8.22% 4.62% 14.36% 9.20% 5.16%
13.02% 8.96% 4.06% 14.52% 9.99% 4.53%
19
hetbpeer heee&hlelee Devegheele (yeemesue II) Capital Adequacy Ratio (BASEL II) erej Tier - I erej Tier - II
125
2010 -11
S.No. 1 2 3 4 5 6 7 8 9 10 11
e.meb.
Particulars
efJeJejCe
(In Percentage)
eefleMele ceW
31.03.2007 38086 2772 5.15 4.64 6.34 2.70 75.23 0.87 0.37 28.18 231.59
31.03.2008 36774 2899 6.65 5.94 7.96 3.90 89.25 1.01 0.50 39.40 261.54
31.03.2009 36838 2974 8.63 7.57 11.69 6.05 112.86 1.45 0.75 61.14 313.82
31.03.2010 38960 3148 9.81 8.94 12.67 7.85 132.24 1.57 0.97 83.96 378.44
31.03.2011 40046 3418 12.29 11.26 17.43 10.59 156.27 2.04 1.24 116.37 504.43
kece&eejer (mebKee)
Employees (number)
MeeKeeSb (mebKee)
Branches (number)
Heefle kece&eejer JeJemeee (.kejes[ ceW)
Business per employee (Rs. in crore)
Heefle kece&eejer Deewmele JeJemeee (.kejes[ ceW) Heefle kece&eejer mekeue ueeYe (.ueeKeeW ceW)
Average Business per employee (Rs in crore) Gross Profit per employee (Rs. in lakhs)
Heefle kece&eejer efveJeue ueeYe (. ueeKeeW ceW) Heefle MeeKee JeJemeee (.kejes[ ceW)
Net Profit per employee (Rs. in lakhs) Business per branch (Rs. in crore)
Heefle MeeKee mekeue ueeYe (.kejes[ ceW) Heefle MeeKee Meg ueeYe (.kejes[ ceW) Heefle Mesej Deee (HeeeW ceW)
Gross Profit per branch (Rs. in crore) Net Profit per branch (Rs. in crore) Earnings per share (Rupees)
Heefle Mesej yenercetue (HeeeW ceW)
Book Value per share (Rupees)
eesle : efJeefJeOe Je<eeX keer Jeeef<e&ke efjHeesx (peneb Gefele ueiee, efHeues Je<eeX kes Deeke[eW kees Hegveme&cetnerke=le/Hegve: Jeieeake=le efkeee ieee nw)
Source: Annual Reports of various years. (previous year's figures are regrouped and reclassified, where appropriate)
126
2010 -11
MeyoeJeueer / Glossary
Deewmele keee&Meerue efveefOeeeb (S[yuetSHe) Deewmele peceejeefMeeeb Deewmele Deefiece Deewmele JeJemeee Deewmele efveJesMe yeepe Deee/(S[yuetSHe) yeepe Jee/S[yuetSHe Meg yeepe ceeefpe&ve yeepe efJemleej/S[yuetSHe iewjyeepe Deee/S[yuetSHe Heefjeeueve Jee Heefjeeueve Jee/S[yuetSHe ueeiele Deee DevegHeele mekeue (Heefjeeueve) ueeYe/ S[yuetSHe Meg ueeYe/S[yuetSHe Meg ceeefueele Hej HeefleueeYe DeeefmleeeW Hej HeefleueeYe Deewmele DeeefmleeeW Hej HeefleueeYe DeefieceeW Hej eefleHeue peceejeefMeeeW keer ueeiele ueeYeebMe Yegieleeve DevegHeele (keejHeesjs ueeYeebMe kej meefnle) $e+Ce pecee DevegHeele $e+Ce + iewj meebefJeefOeke lejuelee DevegHeele efveJesMe (Deveg<ebieer FkeeFeeW ceW efveJesMe kees es[kej) peceejeefMe - DevegHeele; Heefle kece&eejer JeJemeee eefle kece&eejer Deewmele JeJemeee eefle kece&eejer mekeue ueeYe Heefle kece&eejer Meg ueeYe Heefle MeeKee keejesyeej Heefle MeeKee mekeue ueeYe Heefle MeeKee Meg ueeYe Heefle Mesej Deee Heefle Mesej yener cetue : kegue DeeefmleeeW kee Heeef#eke Deewmele; : kegue peceejeefMeeeW kee Heeef#eke Deewmele; : kegue DeefieceeW kee Heeef#eke Deewmele; : Deewmele peceejeefMeeeW Deewj Deewmele DeefieceeW kee eesie; : kegue efveJesMe kee Heeef#eke Deewmele; : kegue yeepe Deee kee Deewmele keee&Meerue efveefOeeeW mes efJeYeepeve; : kegue yeepe Jee Yeeie oW S[yuetSHe; : (kegue yeepe Deee IeeSb : kegue yeepe Jee) Deewmele yeepe Depe&ke DeeefmleeeW mes efJeYeeefpele kejW; : (kegue yeepe Deee IeeSb : kegue yeepe Jee) S[yetSHe mes efJeYeeefpele kejW; : kegue iewj yeepe Deee efJeYeeefpele kejW Deewmele keee& efveefOe mes; : kegue Kee& Iee yeepe Kee& : kegue Heefjeeueve Jee efJeYeeefpele kejW Deewmele keee&Meerue efveefOe mes; : Heefjeeueve Jee efJeYeeefpele kejW (iewjyeepe Deee + yeepe mHes[) mes; : Heefjeeueve ueeYe efJeYeeefpele kejW S[yuetSHe mes;
Average Working Funds (AWF) Average Deposits Average Advances Average Business Average Investments Interest Income/AWF Interest expenses/AWF Net Interest Margin : : : : : : : : Fortnightly Average of Total Assets Fortnightly Average of Total Deposits Fortnightly Average of Total Advances Total of Average Deposits Plus Average Advances Fortnightly Average of Total Investments Total Interest Income Divided by AWF Total Interest Expenses Divided by AWF Total interest earned minus total interest paid divided by average interest earning assets (Total Interest Income minus Total Interest Expenses) Divided by AWF Total Non-Interest Income Divided by AWF Total Expenses minus Interest Expenses Operating Expenses Divided by AWF Operating Expenses Divided by (Non Interest Income plus Interest Spread) Operating Profit divided by AWF Net Profit Divided by AWF Net Profit Divided by Net Worth (excluding Revaluation Reserves) Net Profit Divided by Total Assets Net Profit Divided by AWF Interest Earned on Advances Divided by Average Advances Interest paid on Deposits Divided by Average Deposits Dividend including Corporate Dividend Tax Divided by Net Profit Total Advances Divided by Customer Deposits (i.e., Total Deposits minus Inter Bank Deposits) (Total Advances Plus Non-SLR Investments minus Investments in Subsidiaries) Divided by Customer Deposits
Interest Spread/AWF Non-Interest Income/ AWF Operating Expenses Operating Expenses/ AWF Cost Income Ratio
: : : : : : : : : : : : :
Gross (Operating) Profit/AWF Net Profit/AWF : Meg ueeYe efJeYeeefpele kejW S[yuetSHe; : Meg ueeYe efJeYeeefpele kejW Meg ceeefueele (Hegvecet&ueebkeve Return on Net Worth
Heejef#ele efveefOe kees es[kej); : Meg ueeYe efJeYeeefpele kejW kegue DeeefmleeeW mes; : Meg ueeYe efJeYeeefpele kejW S[yuetSHe mes;
Return on Assets Return on Average Assets : DeefieceeW Hej Deefpe&le yeepe efJeYeeefpele kejW Deewmele Yield on Advances
Deefiece mes; : peceejeefMeeeW Hej Heolle yeepe efJeYeeefpele kejW Deewmele Cost of Deposits peceejeefMeeeW mes; : ueeYeebMe keejHeesjs ueeYeebMe kej meefnle; efJeYeeefpele Dividend Payout Ratio (including Corporate kejW Meg ueeYe mes; : kegue Deefiece efJeYeeefpele kejW ieenkeeW keer peceejeefMeeeb (kegue peceejeefMeeeb - IeeeW Deblej yeQke pecee jeefMeeeb) : (kegue Deefiece + iewj meebefJeefOeke lejue Devegheele efveJesMe - IeeeW Deveg<ebieer FkeeFeeW ceW efveJesMe) efJeYeeefpele kejW ieenkeeW keer peceeDeeW mes; : mecee peceejeefMeeeb + kegue Deefiece efJeYeeefpele kejW, kegue kece&eeefjeeW keer mebKee mes : Deewmele peceejeefMeeeb Deewmele Deefece/efJeYeeefpele kejW kegue kece&eejer mebKee mes : mekeue ueeYe kees efJeYeeefpele kejW, kegue kece&eejer mebKee mes; : Meg ueeYe kees efJeYeeefpele kejW kece&eeefjeeW keer mebKee mes; : kegue peceejeefMeeeb + kegue Deefiece kees efJeYeeefpele kejW MeeKeeDeeW keer mebKee mes; : mekeue ueeYe kees efJeYeeefpele kejW MeeKeeDeeW keer mebKee mes; : Meg ueeYe efJeYeeefpele kejW MeeKeeDeeW keer mebKee mes; : Meg ueeYe kees efJeYeeefpele kejW FefkeJeer mes X ome; : Meg ceeefueele (Hegvecet&ueebkeve Heejef#ele jeefMe kees es[kej) kees efJeYeeefpele kejW FefkeJeer mes X ome.
Dividend Tax) Credit - Deposit Ratio
Credit + Non SLR Investments (excluding Investments in Subsidiaries) - Deposit Ratio Business Per Employee Average Business Per Employee Gross Profit Per Employee Net Profit Per Employee Business Per Branch Gross Profit per Branch Net Profit per Branch Earnings Per Share Book Value Per Share
: : : : : : : : :
Aggregate Deposits plus Total Advances Divided by Total No. of Employees Average Deposits plus Average Advances divided by Total No. of Employees Gross Profit Divided by Total No. of Employees Net Profit Divided by total No. of Employees Total Deposits plus Total Advances divided by No. of Branches Gross Profit Divided by No. of Branches Net Profit Divided by No. of Branches Net Profit divided by Equity Multiplied by Ten Net Worth (excluding Revaluation Reserves) divided by Equity Multiplied by Ten.
127
2010 -11
31 ceee&, 2011 kee legueve-he$e
Balance Sheet as on 31st March, 2011

(000's
SCHEDULE
Devegmeteer
31 ceee& 2011 kees
As on 31st Mar, 2011 ` 392,80,73 20600,30,46 305439,48,19 22307,85,48 9656,72,68 358397,17,54
Devebefkele omitted) 31 ceee& 2010 kees

As on 31st Mar, 2010 `
Hetbpeer Deewj oseleeSb Hetbpeer

Heejef#ele efveefOeeeb Deewj DeefOeMes<e peceejeefMeeeb GOeej ueer ieF& jeefMeeeb Deve oseleeSb SJeb HeeJeOeeve pees[
CAPITAL & LIABILITIES Capital Reserves and Surplus Deposits Borrowings Other Liabilities and Provisions TOTAL 1 2 3 4 5 365,52,77 14740,85,50 241261,92,52 13350,08,50 8598,30,99 278316,70,28
Deeefmleeeb
Yeejleere efj]peJe& yeQke kes Heeme vekeoer Deewj Mes<e jkece yeQkeesb kes Heeme Mes<e jkece leLee ceebie SJeb DeuHe metevee Hej Heefleose jeefMe efveJesMe Deefiece Deeue Deeefmleeeb Deve Deeefmleeeb pees[ Deekeefmceke oseleeSb Jemet}er kes efueS efyeue GuuesKeveere uesKee veerefleeeb uesKeeW Hej efHHeefCeeeb
ASSETS Cash and Balances with Reserve Bank of India Balances with Banks and Money at Call and Short Notice Investments Advances Fixed Assets Other Assets TOTAL Contingent Liabilities Bills for Collection Significant Accounting Policies Notes on Accounts 17 18 12 6 7 8 9 10 11 19868,17,89 30065,88,89 71260,63,09 228676,36,09 2299,71,83 6226,39,75 358397,17,54 127163,87,03 18844,71,94 13539,96,91 21927,08,85 61182,37,54 175035,28,59 2284,76,48 4347,21,91 278316,70,28 87836,07,99 18185,57,81
THej oMee&eer ieeer Devegmetefeeeb legueve-He$e kee Ske DeefYevve Yeeie nQ.
The Schedules referred to above form an integral part of the Balance Sheet.
DeOe#e SJeb HeyebOe efveosMeke
eer Sce.[er.ceuee
efveosMeke eer Deeueeske efveiece eer Deej. ieebOeer eer Jeer. yeer. eJneCe eer Depee ceeLegj [e@.(eerceleer) cemej&le Meeefno eer mele osJe ef$ehee"er [e@. Oecexv Yeb[ejer [e@. oerheke yeer. Heeke eer ceewefueve S. Jew<CeJe
eer Deej. kes. ye#eer

keee&keejer efveosMeke keee&keejer efveosMeke
eer Sve. Sme. eerveeLe eer kes. kes. Megkeuee

ceneHeyebOeke (keeHeex.Keeles, kejeOeeve SJeb DevegHeeueve DeefOekeejer-Yee.efj.yeQ)
uesKee Hejer#eke mece leejerKe keer nceejer mebueive he=Leke efjhees& kes Devegmeej ke=les DeefMJeveer SC[ SmeesefmeSdme ke=les Sme. kes. kehetj SC[ keb. ke=les Sve.meer. yevepeea SC[ keb. meveoer uesKeekeej meveoer uesKeekeej meveoer uesKeekeej SHeDeejSve : 000497 Sve SHeDeejSve : 000745 meer SHeDeejSve : 302081 F (Deeefole kegceej) Yeeieeroej Sce. veb.: 0506955 ke=les nefjYeefe SC[ keb. meveoer uesKeekeej SHeDeejSve : 103523 [yuet (jekesMe je"er) Yeeieeroej Sce. veb.: 045228 (mebpeerJe kehetj) Yeeieeroej Sce. veb.: 70487 ke=les efKecepeer kegyesjpeer SC[ keb. meveoer uesKeekeej SHeDeejSve : 105146 [yuet (ieewlece Meen) Yeeieeroej Sce. veb.: 117348 (heer. kes. mejkeej) Yeeieeroej Sce. veb.: 060543 ke=les yeeee SC[ keb. meveoer uesKeekeej SHeDeejSve : 000511 Sme (kes. efpelesv kegceej) Yeeieeroej Sce. veb.: 201825
eer Jeer.kes.iegHlee
Ghe ceneHeyebOeke (keeheexjs Keeles SJeb kejeOeeve)
mLeeve : cegbyeF&, efoveebke : 28.04.2011
128
2010 -11
31 ceee&, 2011 kees meceehle Je<e& kee ueeYe Je neefve uesKee
Profit and Loss Account for the year ended 31st March, 2011
(000's
SCHEDULE INCOME Deee Interest Earned 13 Deefpe&le yeepe Other Income 14 Deve Deee TOTAL pees[ EXPENDITURE II. Jee Interest Expended 15 Kee& efkeee ieee yeepe Operating Expenses 16 Heefjeeueve Jee Provisions and Contingencies 18 (A 4.1) HeeJeOeeve Deewj Deekeefmceke Jee TOTAL pees[ PROFIT III. ueeYe Net Profit for the year Je<e& kee Meg ueeYe Available for Appropriation efJeefveeespeve nsleg GHeueyOe jeefMe Appropriations efJeefveeespeve Transfer to : efvecveefueefKele ceW DevlejCe : a) Statutory Reserve ke) meebefJeefOeke Heejef#ele efveefOe b) Capital Reserve Ke) Hetbpeeriele Heejef#ele efveefOe ie) jepemJe SJeb Deve Heejef#ele efveefOeeeb c) Revenue and Other Reserves I) Investment Fluctuation Reserve I) efveJesMe Gleej-e{eJe eejef#ele II) General Reserve II) meeceeve Heejef#ele efveefOe Oeeje 36 (1) (viii) kes III) Special Reserve u/s 36 (1) (viii) III) Debleie&le efJeMes<e Heejef#ele IV) Statutory Reserve (Foreign) IV) meebefJeefOeke Heejef#ele efveefOe (efJeosMeer) Proposed Dividend emleeefJele ueeYeebMe d) Ie) (ueeYeebMe kej meefnle) (including Dividend Tax) e) Investment Reserve Account *) efveJesMe eejef#ele Keelee TOTAL pees[ Basic & Diluted Earnings per Share (`) 18 (B.5) Heefle Mesej cetue SJeb vetve Depe&ve (`) Significant Accounting Policies 17 GuuesKeveere uesKee veerefleeeb Notes on Accounts 18 uesKeeW Hej efHHeefCeeebb THej oMee&eer ieeer Devegmetefeeeb }eYe Je The Schedules referred to above form an integral part of the Profit & Loss Account. neefve uesKes kee DeefYevve Yeeie nw. I.
Shri M. D. Mallya Shri R. K. Bakshi
Executive Director Executive Director Chairman & Managing Director
Devegmeteer
Year ended 31st March 2011 ` 21885,91,56 2809,18,60 24695,10,16 13083,65,77 4629,83,49 2739,92,93 20453,42,19 4241,67,97 4241,67,97
31 ceee& 2011 kees
Year ended 31st March 2010 `
Devebefkele omitted) 31 ceee& 2010 kees
16698,34,24 2806,35,65 19504,69,89 10758,85,66 3810,58,13 1876,93,00 16446,36,79 3058,33,10 3058,33,10
1060,41,99 20,99,56 2100,45,56 335,39,00 2,46,92 753,35,20 (31,40,26) 4241,67,97 116.37
764,58,28 126,58,95 1256,99,61 270,00,00 90,22 639,26,04 3058,33,10 83.96
Shri N. S. Srinath Shri K. K. Shukla

General Manager Corporate A/cs, Taxation & Compliance Officer - RBI
Shri V. K. Gupta
Dy. General Manager Corporate A/cs & Taxation Place : Mumbai Date : 28.04.2011
DIRECTORS Shri Alok Nigam Shri R. Gandhi Shri V. B. Chavan Shri Ajay Mathur Dr. (Smt.) Masarrat Shahid Shri Satya Dev Tripathi Dr. Dharmendra Bhandari Dr. Deepak B. Phatak Shri Maulin A Vaishnav
AUDITORS As per our separate report of even date attached
For Ashwani & Associates For S. K. Kapoor & Co. Chartered Accountants Chartered Accountants FRN: 000497N FRN: 000745C (Aditya Kumar ) Partner M No.506955 For Haribhakti & Co Chartered Accountants FRN: 103523W (Rakesh Rathi) Partner M No. 045228 (Sanjiv Kapoor ) Partner M No. 070487 For Khimji Kunverji & Co Chartered Accountants FRN: 105146W (Gautam Shah) Partner M No. 117348
For N C Banerjee & Co Chartered Accountants FRN: 302081E (P. K. Sarker ) Partner M No.060543 For Brahmayya & Co. Chartered Accountants FRN: 000511S ( K. Jitendra Kumar) Partner M No. 201825
129
2010 -11
legueve-he$e keer Devegmetefeeeb
Schedules to Balance Sheet

As on 31st Mar, 2011 ` `
(000's
31 ceee&, 2011 kees
Devebefkele omitted) 31 ceee&, 2010 kees

`
Devegmeteer -1 Hetbpeer HeeefOeke=le Hetbpeer Heefle ` 10/- kes 300,00,00,000 Mesej (efheues Je<e& 300,00,00,000/eefle Mesej ` 10/- kes) efveie&efcele leLee DeefYeoe Hetbpeer Heefle ` 10/- kes 39,42,79,579 FefkeJeer Mesej (efheues Je<e& 36,70,00,000 FefkeJeer Mesej eefle ` 10/- kes) ceebieer ieF& hetbpeer SJeb eoe hetbpeer 22,32,79,579 FefkeJeer Mesej meefnle eefle ` 10/- kes 39,15,46,079 FefkeJeer Mesej (efheues Je<e& 36,42,66,500) efpeveceW kesvere mejkeej eje Oeeefjle eefleMesej ` 10/- kes 22,32,79,579 FefkeJeer Mesej, efpevekeer jeefMe ` 223.28 kejes[ nw, Meeefceue nw.
pees[W : peyle efkeS ieS Mesej pees[
SCHEDULE - 1 CAPITAL AUTHORISED CAPITAL 300,00,00,000 Shares of `10/- each (previous year 300,00,00,000/shares of `10/- each) ISSUED AND SUBSCRIBED CAPITAL 39,42,79,579 Equity Shares of `10/- each (previous year 36,70,00,000/equity shares of `10/- each) CALLED-UP & PAID-UP CAPITAL 39,15,46,079 (Previous Year 36,42,66,500) Equity Shares of `10 each including 22,32,79,579 Equity Shares (Previous year 19,60,00,000 Shares) amounting to `223.28 crores held by Central Government Add : Forfeited Shares Total 394,27,96 367,00,00
3000,00,00
3000,00,00
391,54,61 1,26,12 392,80,73
364,26,65 1,26,12 365,52,77
SCHEDULE - 2 Devegmeteer-2 RESERVES & SURPLUS Heejef#ele efveefOeeeb Deewj DeefOeMes<e I Statutory Reserves I meebefJeefOeke Heejef#ele efveefOeeeb Opening Balance HeejefcYeke Mes<e Additions during the period DeJeefOe kes oewjeve HeefjJeOe&ve II Capital Reserves II Heejef#ele Hetbpeer (including Revaluation (hegvecet&ueebefkele eejef#ele efveefOe meefnle)
3551,75,43 1060,41,99
4612,17,42
2787,17,15 764,58,28 3551,75,43
HeejefcYeke Mes<e Je<e& kes oewjeve HeefjJeOe&ve Deve meceeeespeve keewefleeeb : ueeYe-neefve Keeles ceW Debleefjle Hetvece&tueebefkele Dee} DeeefmleeeW Hej cetue eme
III Mesej Heerefceece
Reserve) Opening Balance Additions during the year Other Adjustments Deductions:
2079,07,35 20,99,56 79,05 2100,85,96 (79,55,26) 2021,30,70
2079,58,28 126,58,95 1,62,54 2207,79,77 (128,72,42) 2079,07,35
Depreciation on revalued fixed assets transferred to Profit & Loss account III Share Premium Opening Balance Additions during the year
HeejefcYeke Mes<e Je<e& kes oewjeve HeefjJeOe&ve
2273,88,56 2433,72,03 4707,60,59
2273,88,56 2273,88,56
130
2010 -11
(000's
As on 31st Mar, 2011 ` ` SCHEDULE - 2 RESERVES & SURPLUS (Contd.) IV Revenue & Other IV jepemJe Deewj Deve Heejef#ele / Reserves efveefOeeeb
31 ceee&, 2011 kees
As on 31st Mar, 2010 ` `
Devegmeteer-2 Heejef#ele efveefOeeeb Deewj DeefOeMes<e (peejer)
ke) meebefJeefOeke Heejef#ele efveefOeeeb (efJeosMeer) HeejbefYeke Mes<e Je<e& kes oewjeve HeefjJeOe&ve Deve meceeeespeve Ke) Deeekej DeefOeefveece keer Oeeje 36(1)(viii) kes Debleie&le efJeMes<e eejef#ele efveefOeeeb HeejefcYeke Mes<e pees[W : Je<e& kes oewjeve HeefjJeOe&ve ie. efJeosMeer cege eejef#ele efveefOeeeb eejbefYeke Mes<e Je<e& kes oewjeve heefjJeOe&ve eejef#ele efveJesMe Keelee eejbefYeke Mes<e Je<e& 2009-10 kes Deve eejef#ele efveefOe mes DeblejCe ueeYe-neefve efJeefveeespeve Keeles ceW DeblejCe *. Deve eejef#ele efveefOeeeb eejbefYeke Mes<e efJeeere Je<e& 2009-10 kes efueS eejef#ele efveJesMe Keeles kees Devleefjle Je<e& kes oewjeve heefjJeOe&ve Je<e& kes oewjeve meceeeespeve
a) Statutory Reserve (Foreign) Opening Balance Additions during the year Other Adjustments b) Special Reserve u/s 36(1)(viii) of Income Tax Act Opening Balance Add: Additions during the year c) F o r e i g n C u r r e n c y Translation Reserve Opening Balance Additions during the year d) Investment Reserve Account Opening Balance Transferred from Other Reserve for F.Y.2009-10 Transferred to P&L Appropriation A/c. e) Other Reserves Opening Balance Transferred to IRA for F.Y 2009-10
85,55,83 2,46,92 1,18,90 89,21,65
92,35,13 90,22 (7,69,52) 85,55,83
690,00,00 335,39,00 1025,39,00
420,00,00 270,00,00 690,00,00
(13,43,51) 12,37,09 (1,06,42)
44,18,18 (57,61,69) (13,43,51)
Ie.
100,13,99
(31,40,26) 68,73,73 6074,01,84 (100,13,99)
4817,02,23 -
Additions during the year Adjustments during the year TOTAL - IV (a, b, c, d & e) TOTAL (I to IV)
2100,45,56 2,60,38 8076,93,79 9259,21,75 20600,30,46
1256,99,61 6074,01,84 6836,14,16 14740,85,50
pees[ - IV (ke, Ke, ie, Ie Deewj *) pees[ (I mes IV)
131
2010 -11
(000's
As on 31st Mar, 2011 ` `

` `
31 ceee&, 2011 kees
As on 31st Mar, 2010
Devegmeteer-3 peceejeefMeeeb ke. I ceebie-peceejeefMeeeb

i)
SCHEDULE - 3 A. I
DEPOSITS 875,98,04 1107,57,64
Demand Deposits i) From Banks ii) From Others 22258,68,51 23134,66,55 17816,00,96 18923,58,60 64454,03,09 52543,92,44
yeQkeesb mes
II
ii) Deve mes II
yeele yeQke peceejeefMeeeb

i)
Savings Bank Deposits 41032,90,53
III ceereeoer peceejeefMeeeb
III Term Deposits i) From Banks ii) From Others TOTAL (I to III) Deposits of branches in India Deposits of branches outside India TOTAL (I & II) 233323,30,01 72116,18,18 305439,48,19 32928,34,46
yeQkeesb mes
ii) Deve mes
176817,88,02 217850,78,55 136866,07,02 169794,41,48 305439,48,19 241261,92,52
pees[ (I mes III) Ke. I

II
Yeejle ceW efmLele MeeKeeDeeW B. I keer peceejeefMeeeb Yeejle mes yeenj efmLele MeeKeeDeeW keer peceejeefMeeeb pees[ (I Deewj II)
II
185500,24,69 55761,67,83 241261,92,52
Devegmeteer - 4 GOeej ueer ieeer jeefMeeeb

I.
SCHEDULE - 4 BORROWINGS I. Borrowings in India i) ii) Reserve Bank of India Other Banks 350,00,00 114,48,74 471,56,24 1911,70,00 7490,00,00 10337,74,98 11970,10,50 108,18,70 340,97,47 1200,20,00 5990,00,00 7639,36,17 5710,72,33
Yeejle ceW GOeej ueer ieeer jeefMeeeb
i) Yeejleere efj]peJe& yeQke ii) Deve yeQke iii) Deve mebmLeeve SJeb
SpeWefmeeeb
iv) veJeesvces<eer yesceereeoer $e+Ce efueKele
iii) Other Institutions and Agencies iv) Innovative Perpetual Debt Instruments (IPDI) v) Subordinated Bonds
(DeeF&heer[erDeeF&)
v) ieewCe yeeb[
pees[ (i to iv)
II.
TOTAL (i to iv) II. Borrowings outside India (includes MTN Bonds of `1347.00 crs (previous year `1347.00 crs) ) Total - Borrowings (I & II) Secured Borrowings included in above
Yeejle kes yeenj GOeej ueer ieeeR jeefMeeeb (` 1337.88 kejes[ kes SceerSve yeeb[ meefnle) (efheues Je<e& ` 1347.00 kejes[) pees[ GOeej ueer ieF& jeefMeeeb (I SJeb II) GHejeskele ceW Meeefceue peceeveleer GOeej jeefMeeeb
22307,85,48 71,56,24
13350,08,50 140,97,47
132
2010 -11
(000's
As on 31st Mar, 2011 ` `
31 ceee&, 2011 kees
As on 31st Mar, 2010 ` `
Devegmeteer - 5 Deve oseleeSb Deewj HeeJeOeeve :

I
SCHEDULE - 5 OTHER LIABILITIES AND PROVISIONS I II III Bills Payable Inter Office Adjustments (Net) Interest Accrued 1651,81,07 2138,29,54 911,35,00 4955,27,07 9656,72,68 1444,92,43 35,60,93 1720,97,16 688,71,28 4708,09,19 8598,30,99
ose efyeue meceeeespeve (Meg)
II Devlej keeee&uee III GHeefele yeepe
IV ceeveke DeefieceeW keer SJepe ceW IV Contingent Provision against Standard Advances Deekeefmceke HeeJeOeeve
V Deve (HeeJeOeeveeW meefnle)
Others (including provisions) TOTAL (I to V)
pees[ (I mes V)
Devegmeteer - 6 vekeoer Deewj Yeejleere efj]peJe& yeQke kes Heeme Mes<e

I
SCHEDULE - 6 CASH AND BALANCES WITH RESERVE BANK OF INDIA Cash in hand (including foreign currency notes) Balances with Reserve Bank of India in Current Account TOTAL (I & II) 1357,06,76 1173,06,57
neLe ceW vekeoer (efJeosMeer cege I veeseW meefnle)

II
II Yeejleere efj]peJe& yeQke kes
Heeme eeuet Keeles ceW Mes<e jeefMe pees[ (I Deewj II)
18511,11,13 19868,17,89
12366,90,34 13539,96,91
133
2010 -11
(000's
31 ceee&, 2011 kees

`

`
Devegmeteer -7 SCHEDULE - 7 yeQkeeW kes Heeme Mes<e jeefMe leLee ceebie BALANCES WITH BANKS AND SJeb DeuHe metevee Hej ose jeefMe MONEY AT CALL & SHORT NOTICE
I Yeejle ceW i) yeQkeeW kes Heeme Mes<e jeefMe I In India i) Balances with Banks a) in Current Accounts b) in Other Deposit Accounts ii) Money at call and short notice with a) Banks b) Other institutions TOTAL (i and ii) 1767,55,92 240,00,00 240,00,00 1154,30,61 247,67,89 1519,88,03 1767,55,92 372,68,84 541,61,77 914,30,61
ke) eeuet KeeleeW ceW Ke) Deve pecee KeeleeW ceW

ii) ceebie SJeb DeuHe metevee Hej ose jeefMe
ke) yeQkeeW kes heeme Ke) Deve mebmLeeveeW kes heeme pees[ (i Deewj ii )
II Yeejle mes yeenj i) eeuet KeeleeW ceW ii) Deve pecee KeeleeW ceW iii) yeQkeeW kes Heeme ceebie SJeb DeuHe
II Outside India
i) in Current Accounts ii) in Other Deposit Accounts iii) Money at Call and Short Notice with Banks TOTAL (i, ii and iii) GRAND TOTAL (I and II) 4869,00,14 11276,17,90 12153,14,93 28298,32,97 30065,88,89 1346,24,59 9713,26,29 9713,27,36 20772,78,24 21927,08,85
metevee Hej ose jeefMe pees[ (i, ii Deewj iii)
kegue pees[ (I Deewj II)
134
2010 -11
(000's
As on 31st Mar, 2011 ` `
31 ceee&, 2011 kees
As on 31st Mar, 2010 ` ` 57911,71,40 350,07,08
Devegmeteer-8 efveJesMe
I Yeejle ceW efveJesMe (mekeue)
SCHEDULE - 8 INVESTMENTS I Investments in India (Gross) Less: Provision for Depreciation Net Investments in India BREAK - UP i) Government Securities [includes `90.25 Crores (Previous year-`61.01 Crores) face value of `90.00 Crores (Previous year-`60.00 Crores) lodged with Clg. Corp. of India] [includes `15.34 Crores (Previous year `5.46) face value of `15.30 Crores (Previous year `5.30) lodged with MCX] [includes `20.06 crores (Previous year NIL) face value of `20.00 crores (Previous year NIL) lodged with NSE] [includes `5.27 crores (Previous year NIL) face value of `5.25 crores (Previous year NIL) lodged with USE] [includes `5.02 crores (Previous year NIL) face value of `5.00 crores (Previous year NIL) lodged with CCIL MCX FWD] ii) Other Approved Securities iii) Shares iv) Debentures and Bonds v) Subsidiaries and/or Joint Ventures [includes Bank's share of contribution as advance of `94.62 Crores (Previous year `101.27 Crores) towards Share Capital of RRBs pending allotment] vi) Other Investments (Commercial Papers, I.V.P., KVP, Units of UTI & Other Mutual Funds, Pass Through Certificates etc.) 536,27,94 1325,16,67 2356,11,49 795,38,83 1231,91,69 2351,81,30 59288,92,72 49442,45,06 68001,33,76 336,96,44 67664,37,32
IeeeW : cetueeme kes efueS HeeJeOeeve Yeejle ceW Meg efveJesMe Deueie-Deueie efJeJejCe i) mejkeejer eefleYetefleeeb (efkeueeeEjie keeheexjMeve Dee@He s ] Fbe[ee ceW uee@pe efkeS ieS `90.00 f kejes[ kes Debekele cetue (efheues f Je<e& `60.00 kejes[) kes `90.25 kejes[ meefnle (efheues Je<e& `61.01 kejes[) Meeefceue nw [ScemeerSkeme kes meeLe uee@pe efkeS ieS `15.30 kejes[ kes Debekele cetue f (efheues Je<e& `5.30) kes `15.34 kejes[ meefnle (efheues Je<e& `5.46)] [SveSmeF& kes heeme uee@pe efkeS ieS `20.00 kejes[ Debekele cetue (efheues f Je<e& Metve) kes `20.06 kejes[ (efheues Je<e& Metve)] Meeefceue nw [etSmeF& ceW pecee 5.25 kejes[ Debekf ele cetue (efheues Je<e& Metve) kes `5.27 kejes[ (efheues Je<e& Metve)] Meeefceue nw [meermeerDeeF&Sue, ScemeerSkeme, SHe[yuet[er ceW pecee 5.00 kejes[ Debekf ele cetue (efheues Je<e& Metve) kes `5.02 kejes[ (efheues Je<e& Metve)]
ii) Deve Devegceesefole HeefleYetefleeeb iii) Mesej iv) ef[yeWej Deewj yeeb[ v) Deveg<ebieer FkeeFeeb Deewj / ee
57561,64,32
mebege Gece (FmeceW yeQke kee, #es$eere ieeceerCe yeQkeeW kees Deefiece kes He ceW Mesej Hetbpeer DebMeoeve HeWef[bie DeueeceQ `94.62 kejes[) (efheues Je<e& `101.27 kejes[) Meeefceue nQ. vi) Deve efveJesMe (JeeefCeefpeke He$eeW, Fbefoje efJekeeme He$eeW, efkemeeve efJekeeme He$eeW, eterDeeF& ettefveeW, Deewj Deve cetegDeue Heb[, Heeme-Let HeceeCe He$e Deeefo ceW)
863,42,26
774,31,30
3294,46,24
2965,76,14
67664,37,32
57561,64,32
135
2010 -11
(000's
As on 31st Mar, 2011 ` `
31 ceee&, 2011 kees
As on 31st Mar, 2010 ` `
Devegmeteer-8 efveJesMe (peejer)
SCHEDULE - 8 INVESTMENTS (contd.) II Yeejle kes yeenj efveJesMe II Investments Outside India (Gross) Less: Provision for Depreciation Net Investments Outside India BREAK - UP i) Government Securities (Including Local Authorities) ii) Subsidiaries and/or joint ventures abroad iii) Other Investments (Debentures, Bonds etc.) TOTAL (I and II) SCHEDULE - 9 ADVANCES 916,44,02 402,54,39 2277,27,36 3596,25,77 71260,63,09 1001,23,42 311,14,77 2308,35,03 3620,73,22 61182,37,54
(mekeue) IeeeW : cetueeme kes efueS HeeJeOeeve Yeejle kes yeenj Meg efveJesMe Deueie-Deueie efJeJejCe i) mejkeejer HeeleYeteleeeb f f (mLeeveere HeeefOekejCeeW meefnle) ii) efJeosMeeW ceW Deveg<ebefieeeb Deewj / ee mebege Gece iii) Deve efveJesMe (ef[yeWej, yeeb[ Deeefo) pees[ (I Deewj II)
3739,46,94 143,21,17 3596,25,77
3798,46,24 177,73,02 3620,73,22
Devegmeteer-9 Deefiece
ke. i) Kejeros Deewj YegveeS ieS A. i) Bills Purchased and Discounted 29689,90,20 19265,93,26 efyeue ii) Cash Credits, Overdrafts and ii) vekeo $e+Ce, DeesJej [êHe Loans Repayable on Demand 97804,86,18 79631,46,89 Deewj ceebie Hej egkeewleer eesie $e+Ce iii) ceereeoer $e+Ce iii) Term Loans 101181,59,71 76137,88,44 TOTAL A(i to iii) pees[ ke (i mes iii) 228676,36,09 175035,28,59 i) cetle& DeeefmleeeW mes B. i) Secured by Tangible Assets Ke. (includes advances against 145684,45,22 109231,65,64 HeefleYeteflele (yener-$e+Ce keer Book Debts) SJepe ceW DeefieceeW meefnle) ii) yeQke/mejkeejer ieejber mes ii) Covered by Bank/Government 33889,56,62 23099,51,80 Guarantees jef#ele iii) iewj-peceeveleer iii) Unsecured 49102,34,25 42704,11,15 pees[ Ke (i mes iii) ie. I Yeejle ceW Deefiece
i ii iii iv II i ii TOTAL B(i to iii) C. I Advances in India i ii iii iv II i ii Priority Sector Public Sector Banks Others Advances Outside India Due from Banks Due from Others a) Bills Purchased & Discounted b) Syndicated Loans c) Others TOTAL C(I & II) 228676,36,09 175035,28,59
HeeLeefcekelee HeeHle #es$e meeJe&peefveke #es$e yeQke Deve Yeejle mes yeenj Deefiece yeQkeeW mes HeeHe Deve mes HeeHe ke) Kejeros Deewj YegveeS ieS efyeue Ke) eEme[erkes $e+Ce ie) Deve pees[ ie(I Deewj II)
54909,27,21 46121,88,55 23053,89,13 18542,45,32 520,78,73 12,05,70 90923,91,42 169407,86,49 66967,22,81 131643,62,38 119,49,70 25851,45,42 9529,92,14 23767,62,34 192,07,73 16422,35,27 7704,66,98 59268,49,60 19072,56,23 43391,66,21 228676,36,09 175035,28,59
136
2010 -11
(000's
As on 31st Mar, 2011 ` `
31 ceee&, 2011 kees
As on 31st Mar, 2010 ` `
Devegmeteer-10 Deeue Deeefmleeeb

I
SCHEDULE - 10 FIXED ASSETS I Premises At cost/revalued amount as on 31st March of the preceding year Additions/adjustments during the year Deductions/adjustments during the year 2442,16,11 48,22,01 2490,38,12 2415,03,75 27,23,54 2442,27,29 11,18 2442,16,11 1776,31,30 607,78,64 1834,37,47
Heefjmej efheues Je<e& kes 31 ceee& kees ueeiele/ hegvecet&ueebefkele jeefMe Hej Je<e& kes oewjeve HeefjJeOe&ve/ meceeeespeve Je<e& kes oewjeve keewefleeeb/meceeeespeve
1,93,85 2488,44,27
Less: Depreciation/ Deepe keer leejerKe leke cetueeme/ Amortisation to date HeefjMeesOeve II Deve Dee} Deeefmleeeb (Heveeaej SJeb II Other Fixed Assets (including Furniture & Fixtures) efHekemeej kees efce}ekej) efheues Je<e& At cost/valued amount as on kes 31 ceee& kees ueeiele /hegvecet&ueebefkele 31st March of the preceding jeeefMe Hej
712,12,97
Je<e& kes oewjeve heefjJeOe&ve/ meceeeespeve IeeSb : Je<e& kes oewjeve keewefleeeb/meceeeespeve IeeSb : Deepe keer leejerKe leke cetueeme III Hes Hej oer ieeer Deeefmleeeb (Deveg<ebieer FkeeF& yebo kejves Hej DeefOeie=nerle)
year Additions/adjustments during the year
1810,48,05 310,09,44 2120,57,49
1539,09,28 311,47,60 1850,56,88 40,08,83 1810,48,05 523,40,53 1360,09,04 450,39,01
Less: Deductions/adjustments during the year Less : Depreciation to date
60,85,77 2059,71,72 1536,31,19
III Assets given on Lease (Acquired on winding up of a subsidiary) At cost/valued amount as on efheues Je<e& kes 31 ceee& keer 31st March of the preceding ueeiele /hegvecet&ueebefkele jeefMe Hej year Less : Depreciation to date IeeSb : Deepe keer leejerKe leke TOTAL (I to III)
13,95,89 13,95,89 2299,71,83
13,95,89 13,95,89 2284,76,48
cetueeme pees[ (I mes III)
137
2010 -11
(000's
As on 31st Mar, 2011 ` `
31 ceee&, 2011 kees
As on 31st Mar, 2010 ` `
Devegmeteer -11 Deve Deeefmleeeb

I
SCHEDULE - 11 OTHER ASSETS I II Inter-Office Adjustments (Net) Interest Accrued 274,24,46 2433,59,22 1316,28,35 7,08,28 2195,19,44 6226,39,75 1650,66,83 1293,48,94 6,97,44 1396,08,70 4347,21,91
Deblej keeee&uee meceeeespeve (efveJe})
II GHeefele yeepe III Deefiece kej Yegieleeve/eesle Hej kej
keewleer (HeeJeOeeveeW kee efveJeue)

IV uesKeve meeceieer Deewj mecHe V Deve
III Tax paid in advance/tax deducted at source (net of provisions) IV Stationery & Stamps V Others TOTAL (I to V)
pees[ (I mes V)
Devegmeteer -12 Deekeefmceke oseleeSb

I
SCHEDULE - 12 CONTINGENT LIABILITIES I Claims against the Bank not acknowledged as Debts Liability for partly paid Investments 232,56,06 28,00 78432,99,31 251,54,73 75,04,43 56089,25,80
yeQke kes efJe oeJes efpevnW osveoejer veneR ceevee ieee
II DeebefMeke egkelee efveJesMeeW kes efuees oselee II
III yekeeee Jeeeoe efJeefvecee mebefJeoeDeeW kes III Liability on account of outstanding Forward Exchange keejCe oselee Contracts IV mebIekeeW keer Deesj mes oer ieeer
ieejbefeeb : ke) Yeejle ceW
IV Guarantees given on behalf of Constituents : a) In India b) Outside India 11780,04,65 7678,15,84 19458,20,49 14890,95,28 14148,87,89 127163,87,03 8561,01,12 4953,62,66 13514,63,78 9764,02,56 8141,56,69 87836,07,99
Ke) Yeejle mes yeenj
V mJeerke=efleeeb, Hejebkeve SJeb Deve oeefelJe V Acceptances, Endorsements and Other Obligations VI Deve ceoW, efpevekes efueS yeQke keer
Deekeefmceke oselee nQ, pees[ (I mes VI)
VI Other items for which the Bank is Contingently liable TOTAL (I to VI)
138
2010 -11
ueeYe neefve uesKes keer Devegmetefeeeb
Schedules to Profit & Loss Account

Year Ended 31st Mar, 2011 ` `
(000's
31 ceee&, 2011 kees
Devegmeteer-13 Deefpe&le yeepe

I
SCHEDULE - 13 INTEREST EARNED I II Interest / Discount on Advances / Bills Income on Investments 16203,46,57 4774,78,27 474,79,06 12541,22,07 3655,87,77 355,05,72
DeefieceeW/efyeueeW Hej yeepe/yee
II efveJesMeeW Hej Deee III Yeejleere efj]peJe& yeQke kes Heeme Mes<e
III Interest on Balances with
Reserve Bank of India and jkece Deewj Deve Deblej yeQke efveefOeeeW other Inter-Bank Funds Hej yeepe IV Deve IV Others
432,87,66 21885,91,56
146,18,68 16698,34,24
pees[ (I mes IV)
TOTAL (I to IV)
Devegmeteer -14 Deve Deee

I
SCHEDULE - 14 OTHER INCOME I II Commission, Exchange and Brokerage Profit on sale of Investments 472,95,89 29,25,53 1,37,25 1,54,68 515,14,49 37,46 514,77,03 28,46,80 (17,43) 443,70,36 1020,63,83 746,91,63 23,68,49 1,26,50 1,21,21 386,27,56 31,01 385,96,55 29,18,85 5,29 723,23,14 897,28,96
keceerMeve, efJeefvecee Deewj oueeueer
II efveJesMeeW kes efJeee Hej ueeYe
Less: Loss on sale of Investments III Yetefce, FceejleeW Deewj Deve DeeefmleeeW III Profit on sale of Land, Buildings and Other Assets kes efJeee Hej ueeYe Less: Loss on sale of Land, IeeSb : Yetefce FceejleeW Deewj Deve Buildings and Other Assets DeeefmleeeW keer efyeeer hej neefve
IeeSb : efveJesMeeW keer efyeeer hej neefve
IV efJeefvecee uesve-osve hej ueeYe
IV Profit on Exchange Transactions Less: Loss on Exchange IeeSb : efJeefvecee uesve-osve hej neefve Transactions V efJeosMeeW/Yeejle ceW Deveg<ebieer FkeeFeeW V Income Earned by way of Dividends etc. from kebHeefveeeW Deewj/ee mebege GeceeW mes Subsidiaries/Companies and/ }eYeebMe Deeefo kes He ceW Deefpe&le Deee or Joint Ventures abroad/ in India VI efJeefJeOe Deee VI Miscellaneous Income TOTAL (I to VI)
801,78,01 2809,18,60
770,62,86 2806,35,65
pees[ (I mes VI)
139
2010 -11
(000's
Devebefkele omitted)
31 ceee&, 2011 kees
31 ceee&, 2010 kees
Devegmeteer-15 Kee& efkeee ieee yeepe

I II
SCHEDULE - 15 INTEREST EXPENDED I II Interest on Deposits Interest on Reserve Bank of India / Inter Bank Borrowings TOTAL (I to III) 11862,60,66 345,34,80 875,70,31 13083,65,77 9880,74,64 174,93,20 703,17,82 10758,85,66
peceejeefMeeeW Hej yeepe
Yeejleere efj]peJe& yeQke/ Deblej yeQke GOeej jeefMeeeW Hej yeepe III Deve pees[ (I mes III) Devegmeteer-16 Heefjeeueve Jee
III Others
SCHEDULE - 16 OPERATING EXPENSES I II Payments to and Provisions for Employees Rent, Taxes and Lighting 2916,78,26 357,10,18 32,46,90 57,51,10 322,59,36 359,58,47 2350,88,04 301,85,99 28,02,32 44,46,22
I II
kece&eeefjeeW kees Yegieleeve Deewj lelmebybeOeer HeeJeOeeve efkejeee, kej Deewj efyepeueer
III HeeF& Deewj uesKeve meeceieer IV efJe%eeHeve SJeb Heeej V
III Printing and Stationery IV Advertisement and Publicity V Depreciation on Bank's Property
yeQke keer mecHeefe Hej cetueeme IeeeW : Dee} mecHeefeeeW kes Hegvecet&ueebkeve kes keejCe Heejef#ele Hetbpeer mes meceeeesefpele cetueeme Deewj Kee&
VI efveosMekeeW keer Heerme, Yees VII uesKee Hejer#ekeeW keer Heerme Deewj Keex
Less Depreciation adjusted from capital reserve on account of revaluation of immoveable properties VI Directors' Fees, Allowances and Expenses
79,55,26
243,04,10 85,91
128,72,42
230,86,05 1,02,49
VII Auditors' Fees and Expenses (including Branch Auditors' (MeeKee uesKee Hejer#ekeeW keer Heerme SJeb Fees and Expenses) Keex meefnle) VIII efJeefOe HeYeej VIII Law Charges IX [eke, leej Deewj X
38,85,46 18,87,90 88,08,74 110,44,95 229,68,16 536,11,83 4629,83,49
37,25,39 17,69,41 78,16,01 118,02,17 179,59,76 422,74,28 3810,58,13
sueerHeesve Deeefo cejccele Deewj jKejKeeJe
IX Postages, Telegrams, Telephones etc. X Repairs and Maintenance XI Insurance XII Other Expenditure TOTAL (I to XII)
XI yeercee XII Deve Keex
pees[ (I mes XII)
140
2010 -11
Devegmeteer-17 : Je<e& 2010-2011 keer GuuesKeveere uesKeebkeve veerefleeeb

1. leweejer kee DeeOeej :
efJeeere efJeJejefCeeeb, peye leke efke DeveLee GuuesKe ve nes, HejcHejeiele ueeiele DeeOeej Hej leweej keer ieF& nQ. es Yeejle ceW meeceeveleee ceeve uesKeekejCe efmeeble (peerSSheer)kes Devegmeej nQ efpeveceW meebefJeefOeke HeeJeOeeve, efJeefveeeceke/ Yeejleere efj]peJe& yeQke kes efoMeeefveoxMe, Yeejleere meveoer uesKeekeej mebmLeeve (DeeF&meerSDeeF&) eje peejer uesKee ceeveke/ceeie&oMeea veesdme leLee Yeejle kes yeQefkebie Geesie ceW Heeefuele keee&HeCeeueer meceeefJe< nw. efJeosMeer keeee&ueeeW kes meboYe& ceW mebyebefOele osMeeW kes Heeefuele meebefJeefOeke HeeJeOeeveeW Deewj keee&HeCeeueer kee DevegHeeueve efkeee ieee nQ.
1.
Schedule - 17 : Significant accounting policies for the year ended march 31, 2011
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. 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. INVESTMENTS 3.1 Classification The Investment portfolio of the Bank is classified, in accordance with the RBI guidelines, into: a. Held to Maturity comprising Investments acquired with the intention to hold them till maturity. b. Held for Trading comprising Investments acquired with the intention to trade. c. Available for Sale 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 Basis of Classification Investments classified as Held to Maturity 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 Held to Maturity 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, Indira Vikas Patras, Kisan Vikas Patras and Certificates of Deposit which have been valued at carrying cost. Investments in subsidiaries and joint ventures (both in India and abroad) are valued at acquisition cost less diminution, other than temporary in nature. Banks 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.
2. DeekeueveeW kee Gheeesie :

efJeeere efJeJejCeeW kees leweej kejves ceW efJeeere efJeJejCe keer leejerKe kees efjHees& keer ieF& Deeefmle SJeb oseleeDeeW (Deekeefmceke oseleeDeeW meefnle) leLee efjHees& keer ieF& DeJeefOe keer Deee SJeb Jee mebyebOeer jeefMe kees efjHees& kejves nsleg HeyebOeve kees keefleHee DevegceeveeW Deewj DeekeueveeW keer ceoo uesveer he[leer nw. HeyebOeve kee efJeMJeeme nw efke efJeeere efJeJejCe kees leweej kejves kes efueS Heegkele Deekeueve efJeJeskeHetCe& Deewj Gefele nQ. YeeJeer heefjCeece Fve DeekeueesveeW mes efYeVe nes mekeles nQ. uesKee DevegceeveeW ceW keesF& Yeer heefjJele&ve/mebMeesOeve Jele&ceeve SJeb YeeJeer DeJeefOe mes ceeve nesiee peye leke efke DeveLee keesF& GuuesKe ve nes.
2.
3. efveJesMe :
3.1 JeieeakejCe yeQke kes mebHetCe& efveJesMe Hees&Heesefueees kee JeieeakejCe Yeejleere efj]peJe& yeQke kes efveoxMeeW kes DevegHe efvecveevegmeej efkeee ieee nw, efpemeceW (ke) HeefjHekeJelee leke Oeeefjle ceW Jes efveJesMe Meeefceue nbw efpevnW HeefjHekeJelee leke jKeves kes GsMe mes HeeHle efkeee ieee nw. (Ke) JeeHeej nsleg Oeeefjle ceW Jes efveJesMe Meeefceue nQ, efpevnW JeeHeej kes GsMe mes HeeHle efkeee ieee nw. (ie) efyeeer nsleg GHeueyOe ceW Jes efveJesMe Meeefceue nQ, pees GHejeskele (ke) leLee (Ke) ceW Meeefceue veneR nbw, DeLee&le pees ve lees JeeHeej kes GsMe mes HeeHle efkeS ieS nQ Deewj ve ner HeefjHekeJelee leke jKeves kes GsMe mes HeeHle efkeS ieS nQ. JeieeakejCe kee DeeOeej HeefjHekeJelee leke Oeeefjle kes He ceW Jeieeake=le efveJesMeeW kees Yeeefjle Deewmele DeefOeenCe ueeiele Hej efueee ieee nw, yeMelex Jen Debefkele cetue mes DeefOeke nes, Fme efmLeefle ceW Heerefceece kees HeefjHekeJelee keer Mes<e DeJeefOe leke HeefjMeesefOele efkeee ieee nw. HeefjHekeJelee leke Oeeefjle kes He ceW Jeieeake=le efveJesMeeW ceW ef[yeWej/yeeb[, efpevnW mJeHe/Heke=efle keer ef< mes Deefiece ceevee peelee nw, Meeefceue nw (efpevekes efueS Deeefmle JeieeakejCe mebyebOeer Yeejleere efjpeJe& yeQke kes efJeJeskeHetCe& ceeveob[ leLee ] DeefieceeW Hej ueeiet HeeJeOeeve kes Devegmeej eeJeOeeve efkeS peeles nQ) #es$eere ieeceerCe yeQkeeW, ^s]pejer efyeue, keceefMe&eue HesHeme&, Fbefoje efJekeeme-He$e, efkemeeve efJekeeme He$e Deewj pecee HeceeCe-He$e Hej efkeS ieS efveJesMe Meeefceue nQ Deewj efpevekes cetue kee efveOee&jCe jKeeJe ueeiele Hej efkeee ieee nw. mebegkele GeceeW leLee Deveg<ebefieeeW ceW (Yeejle leLee efJeosMe oesveeW ceW), DemLeeeer Hekeej kes efveJesMeeW kees es[kej efveJesMeeW kee cetueebkeve eme cetue kees Ieekej DeefOeienCe ueeiele Hej efkeee peelee nw. JeermeerSHe FkeeFeeW ceW efoveebke 23.08.2006 kes yeeo efkeS ieS yeQke efveJesMeeW kees eejbefYeke leerve Je<e& keer DeJeefOe kes efueS heefjhekeJelee leke Oeeefjle mebJeie& ceW Jeieeake=le efkeee peelee nw Deewj ueeiele hej cetueebefkele
3.
3.2
141
2010 -11
3.3
3.4
3.5
efkeee peelee nw. mebefJelejCe kes leerve Je<e& heMeele Fmes efyeeer kes efueS GheueyOe ceW Debleefjle kej efoee peelee nw Deewj Yeejleere efj]peJe& yeQke kes efoMee efveoxMeeW kes Devegmeej yeepeej kes he ceW efeefvnle efkeee peelee nw. DeefOeenCe ueeiele efveJesMe keer DeefYeenCe ueeiele ceW eeslmeenve, eejbeYeke Meguke SJeb keceerMeve f jeefMe meefcceefuele nw. efveJesMeeW kee efvemleejCe HeefjHekeJelee leke Oeeefjle kes He ceW Jeieeake=le efkeS ieS efveJesMeeW keer efyeeer Hej nesves Jeeues ueeYe/neefve kees, efveJesMe mes mebyebeOele Yeeefjle Deewmele f ueeiele/yener cetue kes DeeOeej Hej ueeYe/neefve uesKes ceW efueee peelee nw leLee HeefjHekeJelee leke Oeeefjle JeieeakejCe ceW efveJesMe keer efyeeer Hej mecelegue ueeYe kes meceeve jeefMe Hetpeeriele Heejef#ele Keeles ceW meceeeesepele keer ieF& nw. b f efyeeer kes efueS GheueyOe Deewj Jeeheej kes efueS Oeeefjle efveJesMeeW keer efyeeer mes nesves Jeeues ueeYe/neefve kees ueeYe neefve KeeleW ceW eYeeefjle efkeee peelee nw. cetueebkeve JeeHeej kes efueS Oeeefjle SJeb efyeeer kes efueS GHeueyOe kes He ceW Jeieeake=le efveJesMe, efmeHeJeej yeepeej kes he ceW efeefvnle efkees peeles nQ Deewj legueve he$e ceW Ieesef<ele HeefjCeeceer Meg cetueeme eefo keesF& nes, kees ueeYe neefve Keeles kes efnmeeye ceW efueee peelee nw, peyeefke eefo keesF& cetue Je=ef nes lees Gmes es[ efoee peelee nw. eeLeefceke [eruej kes he ceW yeQke eje Jeeheej kes efueS Oeeefjle mebJeie& kes Devleie&le ^spejer efyeueeW ceW efveJesMe kee cetueebkeve efHecce[e eje Ieesef<ele cetueeW kes Devegmeej efleceener DeeOeej hej efkeee peelee nw. eefo Fmemes Meg cetueeme nes lees Fmes ueeYe/neefve KeeleW ceW Deekeefuele efkeee peelee nw Deewj eefo keesF& cetue Je=ef nes, Gmes es[ efoee peelee nw. JeeHeej kes efueS Oeeefjle leLee efyeeer kes efueS GHeueyOe esCeer kes efveJesMeeW kes cetueebkeve kes efueS, yee]peej me@ke SkemeeWpe ceW G=le ojW, HeeFcejer [erueme& SmeesefmeSMeve Dee@He] Fbef[ee (Heer[erSDeeF&)/efHekem[ Fvkece ceveer ceekex Sb[ [sefjJe@efJme SmeesefmeSMeve (SHeDeeF&SceSce[erS) eje Ieesef<ele ojeW kee GHeeesie efkeee ieee nw. efpeve efveJesMeeW kes efueS Ssmeer ojW/G=le ojW GHeueyOe veneR nQ, Gvekee cetueve Yeejleere efj]peJe& yeQke kes efveOee&efjle ceeveob[eW kes Devegmeej efkeee ieee nw, pees efvecveevegmeej nQ : ke) mejkeejer/Devegceesefole - HeefjHekeJelee HeefleHeue kes DeeOeej Hej HeefleYetefleeeb
Ke) FefkeJeer Mesej, HeerSmeet Deewj ^mer Mesej - Deeleve legueve-He$e (12 ceen mes DeefOeke Hegjevee veneR) kes Devegmeej yener cetue Hej DeveLee `1/- Heefle kebHeveer. - mecegeele esef[ mes[ ceeke&-Dehe kes meeLe f heefjhekekeJelee kes eefleHeue kes DeeOeej hej - mecegefele esef[ mHes[ ceeke& DeHe kes meeLe HeefjHekeJelee kes HeefleHeue kes DeeOeej Hej. Heb[ eje Heleske mkeerce kes mebyebOe ceW Ieesef<ele Deeleve HegveKe&jero cetue/ Sve.S.Jeer. Hej
After period of three years from date of disbursement, it will be shifted to AFS and marked-to-market as per RBI guidelines. 3.3 Acquisition Cost Cost of acquisition of Investments is net of incentives, front-end fees and commission. 3.4 Disposal of Investments Profit / Loss on sale of Investments classified as Held to Maturity is recognized in the Profit & 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 Held to Maturity 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 Valuation Investments classified as Held for Trading and Available for Sale are marked to market scripwise 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 are marked-tomarket on quarterly basis based on the FIMMDA prices declared and the resultant net depreciation if any, is recognized in the Profit and Loss Account, while the net appreciation, if any, is ignored. For the purpose of valuation of quoted investments in Held for Trading and Available for Sale 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) 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 / - on Yield to Maturity basis. Approved securities 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.
ie) DeefOeceeve Mesej

Ie) HeerSmeet yeeb[ [) cetegDeue Heb[ keer etefveW
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. - at the latest repurchase price / NAV declared by the Fund in respect of each scheme.
e. Units of Mutual Funds
142

e) Gece Hetbpeer uesKeeHejeref#ele legueveHe$e kes Devegmeej Ieesef<ele SveSJeer ee Deueie-Deueie SveSJeer pees efke 18 ceen mes peeoe Hegjeveer ve nes, eefo ueieeleej 18 ceen mes DeefOeke kes SveSJeer ee uesKeeHejeref#ele efJeeere Deebke[s GHeueyOe ve nes lees Heefle Gece Hetbpeer efveefOe (JeermeerSHe) - 1/- `
2010 -11
f. Venture Capital
- Declared NAV or break up NAV as per audited balance sheet which is not more than 18 months old. If NAV/ audited financials are not available for more than 18 months continuously then at Re. 1/- per VCF.
3.6
efveheeve efoJeme DeeOeej hej efkeS ieS efveJesMe kes efueS yeQke Skehe uesKeebkeve heefle Deheveelee nw. 3.7 efJeosMeer MeeKeeDeeW kes mebyebOe ceW, Yeejleere efj]peJe& yeQke DeLeJee Gme osMe kes efoMee-efveoxMeeW kees, pees Yeer peeoe meKle neW, kee Heeueve efkeee ieee nw. efJeosMeeW ceW efmLele Gve MeeKeeDeeW kes ceeceues ceW peneb Hej efoMee-efveoxMe efJeefveefo&< veneR nQ, Jeneb Yeejleere efj]peJe& yeQke kes efoMee-efveoxMeeW kee Heeueve efkeee peelee nw. 3.8 Fve esefCeeeW kes yeere HeefleYetefleeeW kes DeblejCe keer ieCevee, DeblejCe keer leejerKe kees Gmekeer DeefOeienCe ueeiele/yener cetue/yeepeej cetue ceW mes pees Yeer kece nes, Hej keer peeleer nw Deewj Ssmes DeblejCe kes HeuemJeHe DeeS cetueeme, eefo keesF& nw, kes efueS HeeJeOeeve efkeee peelee nw. 3.9 iewj-efve<Heeefole HeefleYetefleeeW kes mebyebOe ceW Deee kees ceevelee veneR oer ieF& nw Deewj Fve HeefleYetefleeeW kes cetue ceW cetueeme kes efueS Yeejleere efj]peJe& yeQke kes efoMee efveoxMeevegmeej GHeegkele HeeJeOeeve efkeee ieee nw. 3.10 Hegve:Kejero/HeleeJeefle&le Hegve: Kejero yeQke ves Hegve: Kejero leLee HeleeJeefle&le Hegve: Kejero uesveosveeW kees uesKeebefkele kejves nsleg Yeejleere efj]peJe& yeQke eje yeleeF& ieF& Ske meceeve uesKee HeCeeueer kees DeHeveeee nw. (Yeejleere efj]peJe& yeQke kes meeLe eueefveefOe meceeeespeve megefJeOee (SueSSHe) kes Debleie&le ngS uesveosveeW kees es[kej). hegve: Kejero SJeb eleeJeefle&le hegve: Kejero mebJeJenejeW kees mebheeefMJe&ke GOeej/$e+Ceoeve kes Debleie&le ceevee peelee nw efpemeceW mencele MeleeX hej hegve:Kejero kee kejej efkeee peelee nw. hegve: Kejero kes Devleie&le efyeeer keer eefleYetefleeeW kees efveJesMe kes Devleie&le oMee&ee peelee nw Deewj eleeJeefle&le hegve: Kejero eefleYetefleeeW kees efveJesMe ceW Meeefceue veneR efkeee peelee. ueeiele SJeb jepemJe kees $e+Ce yeepe Jee/Deee kees eLeeefmLeefle Jeieeake=le efkeee peelee nw. Yeejleere efjpeJe& yeQke kes heeme eueefveefOe meceeeespeve megefJeOee kes Debleie&le Kejeroer/yeseer ieF& eefleYetefleeeb efveJesMe Keeles ceW veeces/pecee keer peeleer nQ Deewj mebJeJenej keer heefjhekeJelee hej eleeJeefle&le keer peeleer nQ. Kee& efkees yeepe/ Gme hej Deefpe&le Deee kees Jee/jepemJe kes he ceW efnmeeye ceW efueee peelee nw. 3.11 [sefjJesefJme : yeQke Jele&ceeve ceW yeepe ojeW leLee cege [sefjJesefJme ceW [erue kejlee nw. yeQke eje JeJeneefjle yeepe oj [sefjJesefJme ceW Heee yeepe oj mJewHe, efJeosMeer cege yeepe-oj mJesHe leLee HeejJe[& js SieerceWdme Meeefceue nQ. yeQke eje JeJenej ceW ueees peeves Jeeues cege [sefjJesefJme ceW Dee@HMeve leLee cege mJesHme nQ. Yeejleere efj]peJe& yeQke kes efoMee-efveoxMeeW kes DeeOeej Hej, [sefjJesefJme kee cetueebkeve efvecveevegmeej efkeee peelee nw : JeJemLee yeeeJe/iewj JeJemLee yeeeJe (ceekex cesefkebie) mebJeJenej DeueieDeueie efjkee[& efkees peeles nQ. JeJemLee yeeeJe [sejJeseJme Gheee DeeOeej f f Hej uesKeebefkele efkees peeles nQ. ^sef[bie [sefjJesefJe HeesefpeMevme ceeke&d[ t ceekex (SceerSce) nQ leLee efkemeer Yeer Hekeej keer neefve, eefo keesF& nes ueeYe-neefve Keeles ceW ope& keer peeleer nw. ueeYe, eefo keesF& nes, kees ope& veneR efkeee peelee. yeepe oj mJewHe mes mebyebefOele Deee leLee Jee mecePeewlee efleefLe kees ope& neslee nw. ^sef[bie mJewHme keer meceeefHle Hej ueeYe/ neefve meceeefHle efleefLe Hej Deee/Jee kes He ceW ope& keer peeleer nw.
3.6 The Bank is following uniform methodology of accounting for investments on settlement date basis. 3.7 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. 3.8 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. 3.9 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. 3.10 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. 3.11 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. Hedging derivative are accounted 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 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.
143
2010 -11
cetueebkeve kes efueS, kegue mJewhe kes JeemleefJeke cetue keer ieCevee legueveHe$e keer efleefLe kees mJewHe kejejeW kes keejesyeej meceeefHle Hej HeeHe ee ose jeefMe kes DeeOeej hej keer peeleer nw, mebyebefOele neefveeeW, eefo neW, kes efueS HetCe&le: HeeJeOeeve efkeee ieee nw, peyeefke ueeYeeW kees es[ efoee ieee nw. legueve he$e efoveebke kees Hes[eF& eje DeefOemeteele efJeefvecee oj kes yebo YeeJe f hej efJeosMeer cege ceW [sejJeseJe mebeJeoeDeeW kees Deekeefmceke oseleeDeeW kes Devle&iele f f f Jeieeake=le efkeee peelee nw.
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, Substandard, Doubtful or Loss assets and Provision for losses are made on these assets as per the Prudential Norms of the RBI. In respect of Advances made in overseas branches, Advances are classified in accordance with stringent of the Prudential Norms prescribed by the RBI or local laws of the host country in which advances are made. 4.2 Advances are net of specific loan loss provisions, interest suspense, amount received and held in suitfiled 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 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 not reversed but is utilised to meet the shortfall /loss on account of Sale of other non-performing financial assets. FIXED ASSETS 5.1 Premises and other Fixed Assets are stated at historical cost except revalued premises. The appreciation on such revaluation is credited to Capital Reserve and the depreciation provided thereon is deducted therefrom. 5.2 P r e m i s e s i n c l u d e s l a n d & b u i l d i n g u n d e r construction. RESERVES AND SURPLUS Revenue and other Reserves include Statutory Reserves created by foreign branches as per applicable local laws of the respective countries. REVENUE RECOGNITION 7.1 Income / expenditure is recognised on accrual basis, unless otherwise stated. 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 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. 7.3 Income by way of Fees, Commission other than on Government business, Commission on Guarantees, LCs, Exchange, Brokerage and Interest on Advance Bills are accounted for on realisation basis. Dividend on
4. Deefiece :
4.1 Yeejle ceW DeefieceeW kees ceeveke, DeJeceeveke, mebefoiOe ee neefve DeeefmleeeW kes He ceW Jeieeake=le efkeee peelee nw leLee Fmekes efueS HeeJeOeeve Yeejleere efj]peJe& yeQke kes efJeJeskehetCe& ceeveob[eW kes Devegmeej efkeee peelee nw. efJeosMeer MeeKeeDeeW eje efoS ieS DeefieceeW kes mebyebOe ceW Yeejleere efj]peJe& yeQke kes efveoxMeeW kes Devegmeej DeLeJee Gme osMe, efpemeceW Deefiece efoS ieS nQ, ceW efJeeceeve ceeveob[eW ceW mes pees Yeer ke[s ceeveob[ nebs, kes DevegHe Jeieeake=le efkeee peelee nw. Deefiece, efJeefveefo& $e+CeeW Hej neefve kes HeeJeOeeveeW, Geble yeepe, Jeeoemle efJeefJeOe pecee SJeb eehle oeJee jeefMe kee efveJeue nw. Hegveefve&Oeeefjle/Hegveie&ef"le KeeleeW kes mebyebOe ceW Yeejleere efj]peJe& yeQke kes efoMee efveoxMeeW kes Devegmeej hegveie&ef"le DeefeceeW kes Gefele cetue ceW keceer kes efueS eeJeOeeve efJeeceeve cetue MeleeX hej Deekeueve kejles ngS efkeee peelee nw. Deeefmle Hegveie&"ve kebHeveer (SDeejmeer) /HeeleYetelekejCe (efmekeeesejeFpesMeve) f f f kebHeveer (Smemeer) kees yeseer ieF& efJeeere DeeefmleeeW kes ceeceues ceW, eefo efyeeer Meg yener cetue mes kece cetue Hej keer ieF& nes lees neefve (keceer) kees ueeYe neefve Keeles ceW veeces efkeee peelee nw. eefo efyeeer cetue yener cetue mes peeoe nw lees Deefleefjkele HeeJeOeeve jeefMe kees efjJeme& veneR efkeee peelee nw yeefuke Fmes Deve iewj efve<heeoke efJeeere DeeefmleeeW keer efyeeer kejves hej keceer/neefve kees hetje kejves kes efueS Gheeesie ceW efueee peelee nw.
4.2 4.3
4.4
5. Deeue Deeefmleeeb :
5.1 Heefjmej Je Deve Deeue Deeefmleeeb Hegvecet&ueebefkele HeefjmejeW kees es[kej, meeceevele: HejcHejeiele cetue Hej ueer ieeer nQ. Hegvecet&ueebkeve Hej ngF& cetueJe=ef, eefo keesF& nes, kees Hetbpeeriele Heejef#ele efveefOe ceW pecee efkeee ieee nw. leLee Fme Hej cetueeme kees FmeceW mes Ieeee peelee nw. HeefjmejeW ceW Yetefce SJeb efvecee&CeeOeerve HeefjmejeW kees Meeefceue efkeee ieee nw.
5.
5.2
6. Heejef#ele efveefOeeeb SJeb DeefOeMes<e :

jepemJe SJeb Deve Heejef#ele efveefOeeeW ceW mecye osMeeW kes Heeefuele mLeeveere keevetveeW kes Devegmeej efJeosMeer MeeKeeDeeW eje efveefce&le meebefJeefOeke Heejef#ele efveefOeeeW kees Meeefceue efkeee ieee nw.
6.
7. jepemJe kee efveOee&jCe :

7.1 Deee kees GHeee DeeOeej Hej peye leke efke DeveLee GefuueefKele ve nes, uesKeebekf ele efkeee ieee nw. efJeosMeer keeee&ueeeW kes ceeceues ceW Deee / Jee keer ieCevee Gme osMe kes keevetve kes Devegmeej keer ieF& nw, peneb Hej efJeosMeer keeee&uee efmLele nw. iewj efve<Heeefole DeeefmleeeW / eqveJesMeeW hej Deee kes mebien keer Deefveefelelee keer ef< mes, Yeejleere efj]peJe& yeQke kes efoMee-efveoxMeeW kes DevegHe Ssmeer Deee efmeHe& Jemetue nesves Hej ner uesKeebefkele nesleer nw. mejkeejer keejesyeej, ieejbefeeW, meeKe he$eeW, efJeefvecee, oueeueer Deeefo hej keceerMeve, Deefece efyeueeW hej yeepe leLee kej efjheb[ hej Deefpe&le yeepe kees es[kej Meguke, keceerMeve kes ceeOece mes Deee kees Jemetueer DeeOeej hej efnmeeye ceW efueee peelee nw. Deveg<ebefieeeW, mebegkele GHeeceeW leLee meneesieer
7.
7.2
7.3
144

kebheefveeeW kes MesejeW Hej ef[efJe[W[ JeemleefJeke HeeefHle kes DeeOeej Hej efnmeeye ceW efueS peeles nQ. Yeejleere meveoer uesKeekeej mebmLeeve eje peejer uesKee ceeveke 19 (hes) kes Devegmeej ueerpe Mele& hej ueerpe YegieleeveeW kees, efpemeceW heefjeeueve ueerpe hej ueer ieF& DeeefmleeeW keer ueeiele Je=ef Meeefceue nw, ueeYe/neefve Keeles ceW eYeeefjle efkeee peelee nw. YeefJe<e efveefOe YeefJe<e efveefOe DebMeoeve eespevee keer JeeKee keer ieF& nw Deewj yeQke hetJe& efveOee&efjle ojeW hej efveefMele DebMeoeve kee Yegieleeve kejlee nw. yeQke kee oeefelJe efveefMele DebMeoeve leke meerefcele nw. DebMeoeve kees ueeYe/neefve Keeles ceW eYeeefjle efkeee peelee nw. Gheoeve Gheoeve oselee keer JeeKee ueeYe (efnle) kes he ceW JeeKee keer ieF& nw Deewj Je<e& kes Deble ceW mebefele cetue DeeOeej hej Fmekee eeJeOeeve efkeee peelee nw. yeQke eje Fme eespevee kes efueS jeefMe GheueyOe kejJeeeer peeleer nw Deewj Ske he=Leke veeme Fmekee eyebOeve kejlee nw. heWMeve heWMeve oselee keer Ske heefjYeeef<ele ueeYe yeeOelee kes he ceW JeeKee keer ieF& nw Deewj Je<e& kes Deble ceW mebefele cetue DeeOeej Fmekee eeJeOeeve efkeee peelee nw. yeQke eje Fme eespevee kes efueS jeefMe GheueyOe kejJeeeer peeleer nw Deewj Ske he=Leke veeme Fmekee eyebOeve kejlee nw. eeflehetefjle DevegheefmLeefle mebefele eeflehetefjle DevegheefmLeefle eLee Gheeefpe&le DeJekeeMe (heerSue) Deewj efeefkelmee DeJekeeMe (Deeege Deekeefmceke DeJekeeMe meefnle) kee mebefele cetue kes DeeOeej hej eeJeOeeve efkeee peelee nw. Deve kece&eejer ueeYe (efnle) Deve kece&eejer efnle (ueeYe) eLee ger ee$ee efjeeele, efeefkelmee ueeYe Deeefo kes efueS mebefele cetue kes DeeOeej hej eeJeOeeve efkeee peelee nw. efJeosMeer MeeKeeDeeW/keeee&ueeeW kes meboYe& ceW eefleefveegefe hej kece&eeefjeeW kees es[kej Deve kece&eeefjeeW kes efueS mebyebefOele osMe ceW efJeeceeve efveeceeW kes Devegmeej ueeYeeW kee Deekeueve efkeee peelee nw.
9.
2010 -11
7.4
shares in Subsidiaries, joint ventures and associates is accounted on actual realisation basis. 7.4 Lease payments including cost escalation for assets taken on operating lease are recognised in the Profit & 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 scheme 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 & Loss A/c. 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 scheme is funded by the bank and is managed by a separate trust. 8.3 PENSION 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. The scheme is funded by the bank and is managed by a separate trust. 8.4 COMPENSATED ABSENCES Accumulating compensated absences such as Privilege Leave (PL) and Sick Leave (including unavailed casual leave) is provided for based on actuarial valuation. 8.5 OTHER EMPLOYEE BENEFITS Other Employee benefits such as Leave Fare Concession (LFC), Medical Benefits etc. 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 accounted for as per laws prevailing in the respective territories. DEPRECIATION 9.1 Depreciation on Fixed Assets in India [other than those referred to in Para 9.3 & 9.4 below] 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 depriciation is provided on the basis of estimated useful life of these revalued assets. 9.2 Depreciation on Fixed Assets outside India except [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 in and oustside India is provided on Straight Line Method at the rate of 33.33%, as per the guidelines of RBI. Computer software not forming an integral part of hardware is depreciated fully during the year of purchase. 9.4 Depreciation on ATMs is provided on Straight Line Method at the rate of 20%. 9.5 Depreciation on additions is provided for full year and no depreciation is provided in the year of sale / disposal.
8. kece&eeefjeeW kees ueeYe :

8.1
8.2
8.3
8.4
8.5
9. cetueeme :
9.1 Yeejle ceW Deeue DeeefmleeeW kes efueS hegvecetueebekele DeeefmleeeW kees es[kej & f (efvecve JeefCe&le Devegso 9.3 Je 9.4 kes DeueeJee) kebheveer DeefOeefveece, 1956 keer Devegmeteer XIV ceW GefuueefKele cetueeefmele cetue heefle kes Devegmeej eeJeOeeve efkeee peelee nw. FmeceW hegvece&tueebefkele DeeefmleeeW keer Devegceeefvele Gheeesie DeJeefOe kes DeeOeej hej DeefOeke cetueeme kee eeJeOeeve efkeee peelee nw. Yeejle mes yeenj Deeue DeeefmleeeW Hej, (veeres Devegso 9.3 ceW JeefCe&le kees es[kej) cetueeme mLeeveere keevetveeW ee mebyebefOele osMe ceW Heeefuele eefeee kes Devegmeej efkeee peelee nw. Yeejle Deewj Yeejle kes yeenj kebHetjeW Hej cetueeme Yeejleere efj]peJe& yeQke kes efoMee-efveoxMeeW kes Devegmeej m^s ueeFve efJeefOe mes 33.33% keer oj mes Heoeve efkeee ieee nw. kebHetj mee@HeJesej, pees efke ne[&Jesej kee DeefveJeee& Debie veneR nw, kee hetCe& cetueeme Kejero Je<e& kes oewjeve ner kej efoee peelee nw. SerSce Hej cetueeme kee eeJeOeeve m^s ueeFve Heefle mes 20% oj mes efkeee peelee nw. HeefjJe&veeW Hej cetueeme kee mebHetCe& Je<e& kes efueS HeeJeOeeve efkeee ieee nw peyeefke efyeeer/efveHeeve kes Je<e& ceW cetueeme kee keesF& HeeJeOeeve veneR efkeee peelee nw.
9.2 9.3
9.4 9.5
145

9.6
2010 -11
Hes Hej Oeeefjle peceerve Deewj hes hej Oeeefjle peceerve hej efkeS ieS efJekeeme keer ueeiele Hee DeJeefOe ceW egkelee (Sceese&F&pe) keer peeleer nw.
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 recognised in accordance with the 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 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 & 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 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.
10. DeeefmleeeW kee Devepe&ve :

Deeue DeeefmleeeW (Hegvece&tueebefkele DeeefmleeeW meefnle) Hej Devepe&ke neefveeeW (eefo keesF& nes) kees, DeeefmleeeW kes Devepe&ve kes mebyebOe ceW ee&[& SkeeGvsv Dee@He] Fbef[ee eje peejer uesKee ceeveke 28 (DeeefmleeeW kee Devepe&ve) kes Devegmeej efkeee peelee nw leLee Fmes ueeYe neefve Keeles kees eYeeefjle efkeee peelee nw.
11. efJeosMeer cege mebJeJenej :

11.1 efJeosMeer cege efJeefvecee mes mebyebefOele mebJeJenejeW kee uesKeebkeve (efJeosMeer cege efJeefvecee ojeW kes HeefjJele&ve kee HeYeeJe) mebyebefOele Yeejleere meveoer uesKeekeej mebmLeeve eje peejer uesKeeceeveke SSme 11 kes DevegHe efkeee ieee nw. 11.2 uesKee ceeveke - SSme-11 kes Devegmeej yeQke kes efJeosMeer cege HeefjeeueveeW kees (ke) Skeerke=le HeefjeeueveeW SJeb (Ke) He=Leke HeefjeeueveeW kes He ceW Jeieeake=le efkeee ieee nw. meYeer efJeosMeer MeeKeeDeeW, Dee@HeMeesj yeQefkebie FkeeFeeW, efJeosMeer Deveg<ebefieeeW kees He=Leke Heefjeeueve SJeb efJeosMeer cege ceW Iejsuet heefjeeueveeW SJeb HeefleefveefOe keeee&ueeeW kees Skeerke=le Heefjeeueve kes He ceW ceevee peelee nw. 11.3 Skeerke=le HeefjeeueveeW kes mebyebOe ceW DeblejCe : (ke) mebJeJenejeW kees HeeLeefceke leewj Hej Hes[eF& eje metefele keer ieF& meeHleeefnke Deewmele ojeW Hej efjkee[& efkeee peelee nw. (Ke) efJeosMeer cege efJeefvecee mes mebyebeOele Deeefmle SJeb oseleeDeeW (Deekeefmceke f oseleeDeeW meefnle) kees Hes[eF& eje Heleske efleceener kes Deble ceW metefele keer ieF& keueesefpebie mHee@ ojeW Hej Debleefjle efkeee peelee nw. (ie) HeefjCeeceer efJeefvecee DeblejeW keer ieCevee Deee DeLeJee Jee kes He ceW keer ieF& nw leLee FvnW leovegmeej ueeYe neefve Keeles ceW uesKeebefkele efkeee ieee nw. efJeosMeer cege Deeefmle oseleeDeeW mebyebOeer efkemeer Yeer Yegieleeve DeLeJee efjJeme&ue kees efheues meHleen keer Deewmele keueesefpebie ojeW kes DeeOeej Hej efkeee ieee nw leLee yekeeee jeefMe SJeb Gme jeefMe, efpemekes efueS Yegieleeve efkeee ieee nw/efjJeme&ue efkeee ieee nw, kes yeere kes Deblej kees ueeYe neefve Keeles ceW oMee&ee ieee nw. (Ie) Jeeheej nsleg Oeeefjle yekeeee efJeosMeer cege neefpej SJeb Jeeeoe mebeJeoeDeeW ] f kes legueve he$e keer efleefLe kees Hes[eF& eje DeefOemetefele yebo neefpej SJeb Jeeeoe yeepeej mebefJeoe ojeW SJeb Devleefjce heefjhekeJelee mebefJeoeDeeW kees Fvjheesues ojeW hej hegve&cetueebefkele efkeee peelee nw. Fmekes HeuemJehe Jeeeoe cetueebkeve ueeYe DeLeJee neefve kees ueeYe-neefve Keeles ceW Meeefceue efkeee peelee nw~ 11.4 iewj meceekeefuele HeefjeeueveeW kes mebyebOe ceW DeblejCe : (ke) DeeefmleeeW SJeb oseleeDeeW kees Hes[eF& eje Heleske efleceener kes Deble ceW DeefOemetefele keer ieF& keueesefpebie mHee ojeW Hej Debleefjle efkeee ieee nw. (Ke) leguevehe$e keer efleefLe kees efJeosMeer cege neefpej SJeb Jeeeoe Deekeefmceke oseleeDeeW kees Hes[eF& eje DeefOemetefele yebo neefpej Je Jeeeoe ojeW SJeb Devleefjle heefjhekeJelee mebefJeoeDeeW kees Fvj heesues[ ojeW hej Debleefjle efkeee peelee nw.
146

(ie) Deeceoveer SJeb KeeeX kees Hes[eF& eje Heleske efleceener kes Deble ceW DeefOemeteele keer ieF& Deewmele efleceener ojeW Hej Debleefjle efkeee ieee nw. f (Ie) HeefjCeeceer efJeefvecee DeblejeW keer ieCevee Gme DeJeefOe kes efueS Deee DeLeJee Jee kes He ceW veneR keer peeleer nw leLee Fmes mecye efJeosMeer MeeKeeDeeW ceW Meg efveJesMeeW kes efvemleejCe nesves leke Deueie mes Ske Keeles efJeosMeer cege DeblejCe efveefOe ceW jKee peelee nw. 11.5 Jeeeoe efJeefvecee kejej uesKee ceeveke SSme 11 leLee Yeejleere efJeosMeer cege Jeeheejer mebIe (Hes[eF&) kes efoMeeefveoxMeeW kes Devegmeej Jeeheej nsleg Oeeefjle yekeeee efJeosMeer cege neefpej (mhee@) SJeb Jeeeoe mebefJeoeDeeW kees legueve he$e keer efleefLe kees Hes[eF& eje DeefOemetefele yebo neefpej SJeb Jeeeoe yeepeej mebefJeoeDeeW SJeb Devleefjce heefjhekeJelee mebJeefoDeeW kees Fvjheesues ojeW hej hegvecet&ueebefkele efkeee peelee nw. Fmekes HeuemJehe Jeeeoe cetueebkeve ueeYe DeLeJee neefve kees ueeYe-neefve Keeles ceW Meeefceue efkeee peelee nw.
c.
2010 -11
Income and Expense are translated at quarterly average rate notified by FEDAI at the end of each quarter. The resulting exchange differences are not recognized as income or expense for the period but accumulated in a separate account Foreign Currency Translation Reserve till the disposal of the net investment in the respective foreign branches.
d.
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 13. EARNINGS PER SHARE The bank reports basic and diluted earnings per equity share in accordance with the AS 20 (Earnings Per Share) issued in this regard 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 CONTINGENT ASSETS LIABILITIES AND
12. Deee Hej kej :

FmeceW Yeejleere meveoer uesKeekeej mebmLee (DeeF&meerSDeeF&) kes uesKeebkeve ceeveob[ 22 (Deee hej kejeW kee uesKeebkeve) kes Devegmeej efveOee&efjle (mecye DeJeefOe kes efueS uesKee Deee leLee kej eesie Deee kes yeere efYevvelee mes kejeW kes HeYeeJe kees oMee&les ngS) Deeekej kes efueS HeeJeOeeve, DeemLeefiele kej DeLeJee esef[ Meeefceue nQ. DeemLeefiele kej kee Deekeueve Deeceoveer SJeb Kee& keer Gve ceoeW kes mebyebOe ceW, pees efkemeer Ske DeJeefOe ceW efveOee&efjle nesleer nw Deewj pees Ske DeLeJee DeefOeke HejJeleea DeJeefOeeeW ceW HeleeJele&ve eesie nQ, kees Oeeve ceW jKekej efkeee peelee nw. DeemLeefiele kej DeeefmleeeW SJeb oseleeDeeW Hej kej keer ieCevee DeefOeefveeefcele kej ojeW Hej Gve Je<eeX keer DeHesef#ele ojeW Hej keer peeleer nw efpeve Je<eeX ceW Fvekeer HeeefHle, efjJeme&ue DeLeJee efvemleejCe keer mebYeeJevee nesleer nw. DeemLeefiele kej oseleeDeeW SJeb DeeefmleeeW Hej kej keer ojeW ceW HeefjJele&ve kes HeYeeJe kees Gme DeJeefOe keer Deee efJeJejCeer, efpemeceW Ssmes HeefjJele&ve kees DeefOeefveeefcele efkeee ieee nes, ceW efnmeeye ceW efueee peelee nw.
13. Heefle Mesej Depe&ve :

yeQke, DeeIeejYetle SJeb [eFuets[ Heefle FefkeJeer Mesej Depe&ve kees Yeejleere meveoer uesKeekeej mebmLeeve eje Fme mebyebOe ceW peejer uesKee ceeveke 20 (eefle Mesej Deee) kes Devegmeej efjHees& kejlee nw. DeeIeejYetle Heefle Mesej Depe&ve keer ieCevee Meg Deee kees Gme DeJeefOe kes efueS yekeeee Yeeefjle Deewmele FefkeJeer MesejeW keer mebKee mes efJeYeeefpele kej keer ieF& nw. [eFuets[ Heefle Mesej Depe&ve keer ieCevee Meg Deee kees Gme DeJeefOe kes efueS yekeeee Yeeefjle Deewmele FefkeJeer MesejeW SJeb Gme DeJeefOe kes oewjeve [eFuetefJe mecYeeJe FefkeJeer MesejeW keer mebKee kes DeeOeej hej keer ieF& nw.
14. HeeJeOeeve, Deekeefmceke oseleeSb Je Deekeefmceke Deeefmleeeb :

Yeejleere meveoer uesKekeej mebmLeeve eje Fme mebyebOe ceW peejer uesKee ceeveke 29 (Deekeefmceke oseleeDeeW SJeb Deekeefmceke DeeefmleeeW kes efueS HeeJeOeeve) kes Devegmeej yeQke eje Deekeefmceke oseleeDeeW SJeb Deekeefmceke DeeefmleeeW kes efueS HeeJeOeeve kesJeue efJeiele ceW ngF& efkemeer Ievee kes efueS GlHevve ngS Jele&ceeve oeefelJe kes efueS efkeee peelee nw. en mebYeJe nw efke Fme oeefelJe kes efvemleejCe kes efueS DeeefLe&ke mebmeeOeveeW keer DeeJeMekelee nes Deewj leye oeefelJe efveJe&nve nsleg Ssmeer jeefMe kee efJeMJemeveere Deekeueve efkeee pee mekelee nw. Deekeefmceke DeeefmleeeW kees efJeeere efJeJeefjCeeeW ceW eYeeefjle veneR efkeee peelee nw, keeeWefke Fmekee heefjCeece Ssmeer Deee kes efveOee&jCe kes he ceW efvekeue mekelee nw efpemekeer keYeer Jemetueer mebYeJe ve nes.
As per AS 29 (Provisions, Contingent Liabilities and Contingent Assets) issued in this regard 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 Assets are not recognised in the financial statements since this may result in the recognition of income that may never be realised.
147
2010 -11
Devegmeteer-18 uesKeeW hej efhheefCeeeb

ke. 1.
Schedule -18 Notes on accounts

Yeejleere efj]peJe& yeQke keer Dehes#eeDeeW kes Devegmeej ekeerkejCe hetbpeer efJeJejCe
Particulars A. 1. Disclosure in terms of RBI requirements Capital
Current Year
eeuet Je<e&
Previous Year
efheuee Je<e& yesmeue II Basel II
yesmeue I Basel I
i)
yesmeue II Basel II
14.52 9.99 4.53 57.03
(yesmeue I)
Basel I 12.84 8.22 4.62 53.81
meer Deej S Deej (%)
CRAR (%) CRAR - Tier I Capital (%) CRAR - Tier II Capital (%) Percentage of the shareholding of the Government of India Amount raised by issue of IPDI Amount raised by issue of Upper Tier II instruments 2. Particulars (1) Value of Investments
13.02 8.96 4.06 57.03
14.36 9.20 5.16 53.81
ii) meer Deej S Deej efej I hetbpeer (%) iii) meer Deej S Deej efej II hetbpeer (%) iv) yeQke ceW Yeejle mejkeej keer
MesejOeeefjlee kee eefleMele
v) DeeF&heer[erDeeF& efveie&efcele kej eehle jeefMe vi) Dehej efej II efueKeleeW kees efveie&efcele kej
` 711.50 Crores ` 1500 Crores.
` 900.00 Crores ` 1000.00 Crores
eehle jeefMe efveJesMe efJeJejCe
2.
Investments
( ` kejes[ ceW / ` in Crores) Current Year
eeuet Je<e&
Previous Year
efheuee Je<e&
(1) efveJesMeeW kee cetue (i) efveJesMeeW kee mekeue cetue (ke) Yeejle ceW (Ke) Yeejle mes yeenj (ii) cetueeme kes efueS eeJeOeeve (ke) Yeejle ceW (Ke) Yeejle mes yeenj (iii) efveJesMeeW kee efveJeue cetue (ke) Yeejle ceW (Ke) Yeejle mes yeenj (2) efveJesMeeW hej cetueeme kes efueS Oeeefjle eeJeOeeveeW kee mebeueve (i) (ii) eejefcYeke Mes<e pees[W : Je<e& kes oewjeve efkeS ieS eeJeOeeve
(i) Gross Value of Investments (a) In India (b) Outside India, (ii) Provisions for Depreciation (a) In India (b) Outside India, (iii) Net Value of Investments (a) In India (b) Outside India. (2) Movement of provisions held towards depreciation on investments (i) Opening balance (ii) Add: Provisions made during the year (iii) Less: Write-off / write-back of excess provisions during the year (iv) Closing balance 527.80 112.08 159.71 480.17 917.33 64.41 453.94 527.80 67664.38 3596.25 57561.64 3620.73 336.96 143.21 350.07 177.73 68001.34 3739.46 57911.71 3798.46
(iii) IeeSb : Je<e& kes oewjeve Deefleefje eeJeOeeveeW kee yedekejCe/hegvejebkeve (iv) Debeflece Mes<e
148

2.1 efjhees mebJeJenej (Debefkele cetue ceW) 2.1 (ke) Yeejleere efj]peJe& yeQke kes meeLe efjhees mebJeJenej (SueSShe)
2010 -11
2.1 Repo Transactions (in face value terms) 2.1 a. Repo Transactions (LAF) with RBI ( ` kejes[ ceW / ` in Crores)
Minimum Maximum Daily Average outstanding outstanding outstanding during the year during the year during the year
Je<e& kes oewjeve Je<e& kes oewjeve Je<e& kes oewjeve owefveke 31 ceee& 2011 kees yekeeee Mes<e vetvelece yekeeee Mes<e DeefOekelece yekeeee Mes<e Deewmele yekeeee Mes<e
Outstanding as on March 2011 3000.00 0.00
efjhees kes lenle yeseer ieF& eefleYetefleeeb (i) mejkeejer eefleYetefleeeb (ii) keeheexjs $e+Ce eefleYetefleeeb efjJeme& efjhees kes lenle Kejeroer ieF& eefleYetefleeeb (i) mejkeejer eefleYetefleeeb (ii) keeheexjs $e+Ce eefleYetefleeeb 2.1 (ke) efjhees mebJeJenej - ceekex
Securities sold under repo i. Government securities ii. Corporate debt securities Securities purchased under reverse repo i. Government securities ii. Corporate debt securities 500.00 0.00 5500.00 0.00 314.25 0.00 0.00 0.00 1000.00 0.00 8000.00 0.00 1465.75 0.00
2.1 b. Repo Transactions - Market
Minimum Maximum Daily Average outstanding outstanding outstanding during the year during the year during the year
Je<e& kes oewjeve vetvelece Mes<e
Je<e& kes oewjeve DeefOekelece Mes<e
( ` kejes[ ceW / ` in Crores) Je<e& kes oewjeve 31 ceee& 2011 kees Mes<e owefveke Deewmele Mes<e Outstanding as on March 2011 0.00 0.00
efjhees kes lenle yeseer ieF& eefleYetefleeeb (i) mejkeejer eefleYetefleeeb (ii) keeheexjs $e+Ce eefleYetefleeeb efjJeme& efjhees kes lenle Kejeroer ieF& eefleYetefleeeb (i) mejkeejer eefleYetefleeeb (ii) keeheexjs $e+Ce eefleYetefleeeb 2.2 i)
Securities sold under repo i. Government securities ii. Corporate debt securities Securities purchased under reverse repo i. Government securities ii. Corporate debt securities 25.00 0.00 2.2 i) 101.64 0.00 16.93 0.00 0.00 0.00 5.00 0.00 100.00 0.00 17.95 0.00
iewj Sme Sue Deej efveJesMe hees&Heesefueees iewj Sme Sue Deej efveJesMeeW kes peejerkelee& Ieke
Non-SLR Investment Portfolio Issuer composition of Non SLR investments ( ` kejes[ ceW / ` in Crores)
meb.
No.
peejerkelee&
Issuer
Amount
jeefMe
efvepeer huesmeceW keer meercee

Extent of Private Placement
heerSmeet (ii) SHeDeeF& (iii) yeQke (iv) efvepeer efveiece (v) Deveg<ebefieeeb / mebegkele Gece (vi) Deve (vii) cetueeme nsleg Oeeefjle eeJeOeeve kegue
(1) (i)
(2) PSUs FIs Banks Private Corporate Subsidiaries / Joint Ventures Others Provision held towards depreciation Total
(3) 962.68 687.76 2958.19 1482.11 1265.97 4188.02 -464.41 11080.32
(4) 353.75 492.72 1114.33 884.05 1265.97 306.91 0 4417.73
Extent of Below Investment Grade Securities (5) 65.00 78.47 208.37 501.04 0.00 21.63 -16.13 858.38
efveJesMe es[ kes veeres keer eefleYetefleeeW keer meercee
Extent of Unrated Securities (6) 0.00 5.00 55.55 132.06 0.00 159.76 -48.63 303.74
Devejss[ eefleYetefleeeW keer meercee
Extent of Unlisted Securities (7) 18.01 83.46 23.15 185.92 0.00 761.99 -68.99 1003.54
Demeteerye eefleYetefleeeW keer meercee
149

ii)
2010 -11
Devepe&ke iewj-SmeSueDeej efveJesMe efJeJejCe eejbefYeke Mes<e 1 Deewue mes Je<e& kes oewjeve heefjJeOe&ve Ghejese DeJeefOe kes oewjeve keewefleeeb Debeflece Mes<e kegue Oeeefjle eeJeOeeve
Particulars
ii)
Non-performing Non-SLR investments
( ` kejes[ ceW / ` in Crores)

Current year Opening balance Additions during the year since 1st April Reductions during the above period Closing balance Total provisions held 2.3 2.3.1 Particulars The notional principal of swap agreements Losses which would be incurred if counter parties failed to fulfill their obligations under the agreements Collateral required by the bank upon entering into swaps Concentration of credit risk arising from the swaps The fair value of the swap book 231.58 21.71 2.59 250.70 227.53
eeuet Je<e&
Previous year 157.80 89.41 15.63 231.58 228.71
efheuee Je<e&
2.3 [sjerJesefJme 2.3.1 HeejJe[& oj mecePeewles / yeepe oj mJewhe efJeJejCe

i) ii)
Derivatives Forward Rate Agreement / Interest Rate Swap ( ` kejes[ ceW / ` in Crores) Current year 13745.00 142.89
eeuet Je<e&
Previous year 7585.15 103.79
efheuee Je<e&
mJewhe mecePeewles keer keefuhele cetue jeefMe mecePeewles kes lenle Deheveer eefleyeleeDeeW kees keeGbj heeea eje hetje ve kejves hej nesves Jeeueer neefve mJewhe ceW Deeves hej yeQke kes efueS Dehesef#ele keesuewjue
iii)
601.40 256.29
182.89 187.57
iv) mJewhe mes GlheVe $e+Ce peesefKece kee mebkeWCe v)
mJewhe yener kee Gefele cetue
2.3.2 SkemeeWpe ^s[s[ yeepe oj [sjerJesefJme : meb. e.

(i)
2.3.2 Particulars
Exchange Traded Interest Rate Derivatives: ( ` kejes[ ceW / ` in Crores) Amount
Sr. No.
efJeJejCe
Je<e& kes oewjeve SkemeeWpe ^s[s[ yeepe oj [sjerJesefJme keer veesMeveue efebefmeheue jeefMe (efueKeleJeej)
jeefMe
Notional principal amount of exchange traded interest rate derivatives undertaken during the year (instrument-wise) Notional principal amount of exchange traded interest rate derivatives outstanding as on 31st March 2011 (instrument-wise) Notional principal amount of exchange traded interest rate derivatives outstanding and not "highly effective" (instrument-wise) Mark-to-market value of exchange traded interest rate derivatives outstanding and not "highly effective" (instrument-wise)
Metve
NIL
(ii)
Je<e& kes oewjeve SkemeeWpe ^s[s[ yeepe oj [sjerJesefJme keer 31 ceee& 2011 kes Devegmeej (efueKeleJeej) yekeeee veesMeveue efebefmeheue jeefMe veesMeveue efebefmeheue jeefMe Je<e& kes oewjeve SkemeWpe ^s[s[ yeepe oj [sjerJesefJme keer yekeeee veesMeveue efebefmeheue jeefMe ``DeleefOeke eYeeJeer'' veneR (efueKeleJeej) SkemeeWpe ^s[s[ yeepe oj keer ceeke&-t-ceekex keercele [sjerJesefJme yekeeee Deewj DeleefOeke eYeeJeer veneR (efueKeleJeej)
Metve
NIL
(iii)
Metve
NIL
(iv)
Metve
NIL
150

2.3.3 [sjerJesefJme ceW peesefKece SkemeHeespej kee HekeerkejCe (i) iegCeelceke HekeerkejCe yeQke keer ^spejer veerefle ceW [sjerJesefJme uesve osveeW kes keee& kes efueS meYeer Hekeej keer efJeeere [sjerJesefJme efueKeleeW kes Hekeej, efJemleej SJeb GHeeesie, Devegceesove Heefeee leLee DeesHeve HeespeerMeve efueefce, meHe uee@me efueefce leLee keeGvj Heeea SkemeHeespej efueefce pewmeer meerceeSb efveOee&efjle keer ieF& nQ. yeQke DeHeves legueve he$e ceW oMee&S ieS DeLeJee oMee&S ve ieS peesefKeceeW keer nsefpebie kes efueS leLee yee]peej DeeOeej leweej kejves kes efueS efJeeere [sjerJesefJme uesve osveeW kee GHeeesie kejlee nw, cetuele: es GlHeeo, peesefKece kes eefle yeeeJe JeJemLee, ueeiele kece kejves leLee Ssmes uesve osveeW ceW HeefleHeue ye{eves kes SJeb HeesHejeFjer ^sef[bie kes efueS GHeeesie ceW ueeS peeles nQ. yeQke kees efpeve peesefKeceeW kee Keleje jnlee nw, Jes nQ : $e+Ce peeseKece, yeepeej peesefKece, f osMeere peesefKece Deewj Heefjeeueve peesefKece. yeQke keer cetue peesefKece, peesefKece HeyebOeve veereleeeb (yeQke kes efveosMeke ceb[ue eje Devegceeseole) nQ, pees SceerSce, (JeerSDeej) leLee f f HeerJeer01 kes ceeOece mes efveeefcele DeeOeej hej Jeeheej yener ceW uesve osveeW keer efJeeere peesefKeceeW kes Deekeueve leLee Gefele peesefKece meerceeSb lee kejves kes efueS leweej keer ieF& nQ. Fvekees yeQke kes peesefKece HeyebOeve efJeYeeie eje mecee-mecee Hej efJeMJemeveere SJeb Deeleve HeyebOeve metevee HeCeeefueeeW eje cee@veerj efkeee peelee nw leLee Fme yeejs ceW yeQke kes DeOe#e SJeb HeyebOe efveosMeke keer DeOe#elee Jeeueer efveosMekeeW keer peesefKece HeyebOeve meefceefle kees DeJeiele kejeee peelee nw. uesve osveeW keer keeGbj Heeef&eeb, yeQke leLee keeHeexjs Heefle<"eve nQ. Devegceesefole SkemeHeespej meerceeDeeW kes Debleie&le JeJenej efkeS peeles nQ. [sjerJesefJme GlHeeoeW Hej $e+Ce peesefKece Deekeefuele kejves kes efueS yeQke ves Yeejleere efj]peJe& yeQke eje efveOee&efjle ceewpetoe SkemeHeespej Heefle kees DeHeveeee nw, efpemekes Devegmeej yeQke kegue HeeflemLeeHeve ueeiele kee eesie, (meYeer mebefJeoeDeeW kees mekeejelceke cetue meefnle ceeke&-g-ceekex eje HeeHle kejves DeLee&led peye yeQke kees keeGbj Heeea mes Oeve HeeHle kejvee nw) leLee $e+Ce peesefKece ceW YeefJe<e ceW nesves Jeeues mebYeeJe HeefjJele&veeW keer jeefMe, efpemekeer ieCevee mebefJeoe keer kegue keefuHele cetue jeefMe Mes<e HeefjHekeJelee kes Devegmeej mebyebefOele $e+Ce heeblejCe IekeeW kes meeLe iegCee kejkes Heefjkeefuele keer peeleer nw, efvecveevegmeej nw :keefuHele cetue jeefMe Hej ueeiet efkeee peeves Jeeuee HeeblejCe Ieke
2010 -11
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 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 Banks 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
DeJeefMe heefjhekeJelee Ske Je<e& mes kece Ske Je<e& Deewj DeefOeke heebe Je<e& mes DeefOeke
Residual Maturity
Interest Rate Contract Less than one year One year and above Over five years 0.50% 1.00% 3.00%
yeepe oj mebefJeoe
Exchange Rate Contract 2.00% 10.00% 15.00%
efJeefvecee oj mebefJeoe
nspe leLee iewj-nspe (ceekex cesefkebie) uesve osveeW kees Deueie mes ope& efkeee peelee nw. nwefpebie [sefjJesefJme Gheee DeeOeej Hej efnmeeye ceW efueS peeles nQ. ^sef[bie [sefjJesefJme HeesefpeMeve (SceerSce) kees ceeke& keer peeleer nw Deewj HeefjCeecemJeHe ueeYe-neefve Keeles ceW eefo keesF& neefve nes, efnmeeye ceW ueer peeleer nw. ueeYe, eefo keesF& nes, veneR ceevee peelee nw. yeepe oj mJewHme mes mebyebefOele yeepe Deewj Jee efveHeeve keer leejerKe Hej efnmeeye ceW efueS peeles nQ. ^sef[bie mJewHe kes meceeHle nesves Hej ueeYe /neefve meceeefHle keer leejerKe Hej Deee /Jee kes he ceW ope& efkeS peeles nQ.
The hedge/non-hedge (market making) transactions are recorded separately. Hedging derivatives are accounted for on an accrual basis. Trading derivative positions are marked-tomarket (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.
151

(ii) cee$eelceke HekeerkejCe
2010 -11
(ii) Quantitative Disclosures
( ` kejes[ ceW / ` in Crores)

Particulars
Sr. No. (i)
meb. e. efJeJejCe
kejWmeer [sefjJesefJme
Currency Derivatives 53.32 NIL 53.32 0.35 2.27 -1.92 7.03 0.92 -0.92
yeepe oj [sefjJesefJme
Interest rate Derivatives 7067.12 1665.00 5402.12 -4.53 98.42 -102.95 177.24 175.86 53.01 122.85
[sefjJesefJme (keefuhele cetue jeefMe) ke) nweEpeie kes efueS Ke) ^seE[ie kes efueS
Derivatives (Notional Principal Amount) a) For hedging b) For trading Marked to Market Positions [1] a) b) Asset (+) Liability (-)
(ii)
ceeke&[ t ceekex heesefpeMeve (1) ke) Deeefmleeeb (+) Ke) oseleeSb (-)
(iii) (iv)
$e+Ce peesefKece (2) yeepe oj ceW 1% nesves Jeeues heefjJele&ve kee mebYeeefJele eYeeJe (100*heerJeer 01) ke) nweEpeie [sefjJesefJme hej Ke) ^seE[ie [sefjJesefJme hej Je<e& kes oewjeve heeS ieS vetvelece leLee DeefOekelece 100*heerJeer01 ke) nweEpeie hej Ke) ^seE[ie hej
Credit Exposure [2] Likely impact of one percentage change in interest rate (100*PV01) a) b) On hedging derivatives On trading derivatives
(v)
Maximum and Minimum of 100*PV01 observed during the year a) On hedging b) On trading 2.4 2.4.1 A. Asset Quality
1.527 & NIL 0.11 & NIL 1.53 & 0.92
133.75 & 52.66 70.10 & 52.66 133.75 & 108.27
2.4 2.4.1
ke.
Deeefmle iegCeJeee iewj efve<heeoke Deeefmleeeb iewj efve<heeoke DeeefmleeeW kee mebeueve
Non-Performing Asset Movement of NPAs ( ` kejes[ ceW / ` in Crores) Current Year
eeuet Je<e&
Previous Year 1842.92 1671.22 3514.14
efheuee Je<e&
1 Deewue 2010 kees mekeue SveheerS (eejbefYeke Mes<e) Je<e& kes oewjeve peg[s (veS SveheerS) Ghe pees[ (ke) IeeSb :
(i) (ii)
Gross NPAs as on 1st April 2010 (Opening Balance) Additions (Fresh NPAs) during the year Sub-Total (A) Less : -
2400.69 1897.01 4297.70
Dehees[sMeve *
(i)
Up-gradations
189.17 455.49
215.37 383.27
Jemetefueeeb (Dehees[ efkeS ieS KeeleeW (ii) Recoveries (excluding recoveries made from upgraded accounts) mes ngF& JemetefueeeW kees es[kej) yes Keeles [eueer ieF& jeefMe Ghe pees[ (Ke) 31 ceee& 2011 kes mekeue SveheerS Debeflece Mes<e (ke Ke)
(iii) Write-offs Sub-total (B) Gross NPAs as on 31st March 2011 (Closing balance) (A-B)
(iii)
500.54 1145.20 3152.50
514.81 1113.45 2400.69
152

Ke) iewj efve<heeoke Deeefmleeeb
B) Particulars Net NPAs to Net Advances (%) Movement of NPAs (Gross) (a) (b) (c) (d) Opening balance Additions during the year Reductions during the year Closing balance 2400.69 1897.01 1145.20 3152.50 Non-Performing Assets
2010 -11
( ` kejes[ ceW / ` in Crores) Current Year 0.35
efJeJejCe
(i) (ii)
eeuet Je<e&
Previous Year 0.34 1842.92 1671.22 1113.45 2400.69
efheuee Je<e&
Meg DeefeceeW ceW Meg SveheerS (%) SveheerS kee mebeueve (mekeue) (ke) (Ke) (ie) (Ie) eejbefYeke Mes<e Je<e& kes oewjeve pees[s ieS Je<e& kes oewjeve IeeS ieS Debeflece Mes<e eejbefYeke Mes<e Je<e& kes oewjeve pees[s ieS Je<e& kes oewjeve IeeS ieS Debeflece Mes<e
(iii)
Meg SveheerS kee mebeueve (ke) (Ke) (ie) (Ie)
Movement of Net NPAs (a) (b) (c) (d) Opening balance Additions during the year Reductions during the year Closing balance 602.32 718.15 529.59 790.88 449.04 1085.95 932.67 602.32
(iv)
Movement of provisions for NPAs SveheerS nsleg eeJeOeeve kee mebeueve (ceeveke DeeefmleeeW hej eeJeOeeve kees es[kej) (excluding provisions on standard assets)
(ke) (Ke) (ie) (Ie)

ie)
Sl. No.
eejbefYeke Mes<e Je<e& kes oewjeve pees[s ieS DeeefOekee eeJeOeeveeW kees yes Keeles [euevee/hegveefnmeeye ceW uesvee Debeflece Mes<e
(a) (b) (c) (d)
Opening balance Provisions made during the year Write-off/ write-back of excess provisions Closing balance C) Sector-wise NPAs
1798.37 1178.86 615.61 2361.62
1393.88 648.96 244.47 1798.37
#es$eJeej SveheerS
Sector
eceebke #es$e
#es$e ceW kegue DeefeceeW ceW SveheerS kee eefleMele

Percentage of NPAs to Total Advances in that sector Current Year
eeuet Je<e&
Previous Year 3.33 1.06 0.82 3.68
efheuee Je<e&
1 2 3 4
ke=ef<e SJeb mecye ieefleefJeefOeeeb Geesie (ceeFees SJeb ueIeg, ceOece SJeb ye[s) mesJeeSb Jeefeiele $e+Ce
efJeosMeer Deeefmleeeb, SveheerS leLee jepemJe
Agriculture & allied activities Industry (Micro & small, Medium and Large) Services Personal Loans D) Particulars Total Assets Total NPAs Total Revenue
3.47 1.76 1.22 1.72
Ie)
Overseas Assets, NPAs and Revenue ( ` kejes[ ceW / ` in Crores) Current Year 91261.86 366.27 3165.98
eqJeJejCe kegue Deeefmleeeb kegue Sve heer S kegue jepemJe
eeuet Je<e&
Previous Year 68343.19 204.63 2646.07
efheuee Je<e&
153

2.4.2 hegveie&ef"le KeeleeW kee efJeJejCe
2010 -11
2.4.2
Particulars of Accounts Restructured. ( ` kejes[ ceW / ` in Crores)
CDR SME Debt Mechanism Restructuring
meer[erDeej keee&eCeeueer
SmeSceF& $e+Ce hegveefve&Oee&jCe
Others
Deve
hegveie&ef"le ceeveke Deefece
Standard advances restructured
$e+Ce kelee&DeeW keer mebKee yekeeee jeefMe t (Gefele cetue ceW keceer)
No. of Borrowers Amount outstanding Sacrifice (diminution in the fair value) No. of Borrowers Amount outstanding Sacrifice (diminution in the fair value) No. of Borrowers Amount outstanding Sacrifice (diminution in the fair value) No. of Borrowers Amount outstanding Sacrifice (diminution in the fair value)
3 166.01 11.06 1 154.24 4.50 0 0 0 4 320.25 15.56
203 487.22 4.91 22 12.90 0.16 13 0.01 0.01 238 500.13 5.08
9786 2189.38 52.74 129 4.42 0.10 109 11.91 0.12 10024 2205.71 52.96
hegveie&ef"le DeJeceeveke Deefece
Sub standard advances restructured
$e+Ce kelee&DeeW keer mebKee yekeeee jeefMe t (Gefele cetue ceW keceer)
Doubtful hegveie&ef"le mebefoiOe Deefece advances
$e+Ce kelee&DeeW keer mebKee yekeeee jeefMe t (Gefele cetue ceW keceer) $e+Ce kelee&DeeW keer mebKee
restructured
pees[
TOTAL
yekeeee jeefMe t (Gefele cetue ceW keceer)
2.4.3 eefleYeteflekejCe/hegveie&"ve kecheveer DeLeJee Deeefmle hegveie&"ve kes efueS yeseer ieF& efJeeere DeeefmleeeW kee efJeJejCe efJeJejCe
(i) KeeleeW keer mebKee (ii) Smemeer/Deejmeer kees yeses ieS KeeleeW keer Particulars
2.4.3 Details of financial assets sold to Securitization / Reconstruction Company or Asset Reconstruction ( ` kejes[ ceW / ` in Crores) Current Year
eeuet Je<e&
Previous Year 33 -
efheuee Je<e&
No. of accounts Aggregate value (net of provisions) of accounts sold to SC / R C Aggregate consideration Additional consideration realized in respect of accounts transferred in earlier years Aggregate gain / (loss) over net book value
3 -
kegue keercele (eeJeOeeveeW kee ves)
(iii) kegue eefleHeue (iv) DeejbefYeke Je<eeX ceW Debleefjle KeeleeW kes mebyebOe ceW
5.05 -
15.43 -
Jemetuee ieee Deefleefje eefleHeue

(v) Meg yener keercele hej kegue ueeYe/(neefve)
5.05
15.43
154

2.4.4 Kejeroer ieF& / yeseer ieF& iewj efve<heeoke efJeeere DeeefmleeeW kee efJeJejCe
2010 -11
2.4.4 Details of non-performing financial assets purchased/sold A. Details of purchased: non-performing financial assets
ke.
Kejeroer ieF& iewj efve<heeoke efJeeere DeeefmleeeW kes efJeJejCe :
(` kejes[ ceW / ` in Crores)
efJeJejCe
1.
Particulars (a) No. of accounts purchased during the year (b) Aggregate outstanding (a) Of these, number of accounts restructured during the year (b) Aggregate outstanding
Current Year -
eeuet Je<e&
Previous Year -
efheuee Je<e&
ke. Kejeros ieS KeeleeW keer mebKee Ke. mecee yekeeee
2.
ke. FveceW mes Je<e& kes oewjeve hegveie&ef"le KeeleeW keer mebKee ke. mekeue yekeeee Ke. efJeJejCe
yeseer ieF& iewj efve<heeoke efJeeere DeeefmleeeW kee efJeJejCe :

Particulars No. of accounts sold Aggregate outstanding
B.
Details of non-performing financial assets sold:

( ` kejes[ ceW / ` in Crores) Current Year -
eeuet Je<e&
Previous Year 35 67.31 21.54
efheuee Je<e&
1. 2. 3.
yeses ieS KeeleeW keer mebKee mecee yekeeee mecee eefleHeue eeefhle
ceeveke Deeefmleee@eW hej eeJeOeeve
Aggregate consideration received 2.4.5 Provisions on Standard Asset
2.4.5
( ` kejes[ ceW / ` in Crores) Item Provisions towards Standard Assets as per RBI norms Other contingent provision towards Standard Assets 2.5 Particulars Business Ratios Current Year 911.35 -
ceoW DeejyeerDeeF& ceeveoC[eW kes Devegmeej ceeveke DeeefmleeeW kes efueS eeJeOeeve ceeveke DeeefmleeeW kes efueS Deve Deekeefmceke eeJeOeeve
eeuet Je<e&
Previous Year 688.71 6.07
efheuee Je<e&
2.5
JeeJemeeefeke Devegheele
efJeJejCe
(i) (ii) (iii) (iv) (v) (vi)
Current year 6.97 0.89 2.22 1.33 13.33 0.11
eeuet Je<e&
Previous Year 6.86 1.15 2.03 1.21 9.81 0.08
efheuee Je<e&
Deewmele keee&Meerue efveefOeeeW kes eefleMele kes he ceW Interest Income as a percentage to Average Working Funds yeepe Deee Deewmele keee&Meerue efveefOeeeW kes eefleMele kes he ceW Non-interest income as a Percentage to Average Working Funds iewj-yeepe Deee Deewmele keee&Meerue efveefOeeeW kes eefleMele kes he ceW Operating Profit as a percentage To Average Working Funds heefjeeueve ueeYe DeeefmleeeW hej eefleHeue eefle kece&eejer JeJemeee (pecee leLee Deefece) (. kejes[ ceW) eefle kece&eejer ueeYe (. kejes[ ceW)
Return on Assets Business (Deposits plus advances) per employee ( ` In Crores) Profit per employee ( ` In Crores)
155

2.6
2010 -11
DeeefmleeeW Deewj oseleeDeeW keer keg ceoeW kee heefjhekeJelee mJehe (eyebOeve eje mecesefkele SJeb uesKee hejer#ekeeW eje Jee efJeMJeeme kes Devehe) 1 efove 2 mes 7 efove
2 to 7 days
2.6
Maturity pattern of certain items of assets and liabilities (As compiled by the management and relied upon by the auditors) ( ` kejes[ ceW / ` in Crores)
Total
1 day
8 mes 14 15 mes 28 29 efove mes 3 cenerveeW mes 6 cenerveeW mes 1 Je<e& mes 3 Je<e& mes 5 Je<e& mes efove efove 3 ceen peeoe leLee 6 peeoe leLee peeoe leLee peeoe leLee DeefOeke 8 to 14 15 to 28 29 days cenerveeW leke 1 Je<e& leke 3 Je<e& leke 5 Je<e& leke Over 5
days days to 3 months Over 3 Over 6 Over 1 Over 3 months months year & up years & up & up to 6 & up to 1 to 3 years to 5 years months year years
kegue
pecee jeefMeeeb Deefece efveJesMe GOeej efJeosMeer cege Deeefmleeeb efJeosMeer cege oseleeSb 2.7 2.7.1 esCeer
Deposits Advances Investments Borrowings Foreign Currency assets Foreign Currency liabilities
6810.06 15685.48 14159.61 11574.86 35087.60 3189.22 4055.21 308.78 1021.37 324.42 451.79 4719.87 261.94 71.92 2778.30 3231.94 5165.89 27056.95 473.73 2888.74 293.75 1543.06 5353.27 23054.09 6057.93 16073.17
31880.74 78769.36 58293.15 10417.81 42760.81 305439.48 29223.81 30160.55 43314.63 28991.24 52798.99 228676.36 1077.89 2305.30 1994.70 46.24 7301.10 13921.93 42010.44 71260.63 2739.36 1862.08 12669.91 22307.85
9641.29 5077.95 9591.30 8928.37
16715.24 16187.12 10677.74 10688.62 6636.20 106809.82 18028.63 13464.97 11483.17 11853.45 10247.89 108960.83
Skemeheespej efjeue Sms #es$e ceW Skemeheespej
2.7 2.7.1
Exposure Exposure to Real Estate Sector ( ` kejes[ ceW / ` in Crores)
Category a) (i) Direct exposure Residential Mortgages
Current Year Previous Year
eeuet Je<e&
efheuee Je<e&
ke) ele#e Skemeheespej (i) DeeJeemeere yebOeke DeeJeemeere mebheefe, pees kepe&oej kes mJeeefcelJe ceW nw/nesieer ee efkejeS hej nw, kees yebOeke jKeles ngS hetCe& megjef#ele kepe& osvee. FveceW mes (Jeefeiele DeeJeeme $e+Ce pees eeLeefcekelee eehle DeefeceeW kes efueS hee$e nw, kees Deueie mes oMee&ee peeS) (ii) JeeefCeefpeke efjeue Sms JeeefCeefpeke efjeue Sms hej yebOeke eje megjef#ele kepe& (keeee&uee YeJeve, efjsue mhesme, ceuer hehe&me keceefMe&eue heefjmej, yengheefjJeej DeeJeemeere YeJeve, yengefkejeSoej keceefMe&eue heefjmej, Deeweeseieke ee Jesej f neGme mhesme,nesue, peceerve, DeefOeenCe, efJekeeme leLee efvecee&Ce keee& Deeefo) Skemeheespej ceW iewj efveefOe DeeOeeefjle ] (Sve SHe yeer) meerceeSb Meeefceue nes mekeleer nQ. (iii) yebOeke ege eefleYetefleeeW ceW efveJesMe (Sce yeer Sme) leLee Deve eefleYeteflele ekeerkejCe ke. DeeJeemeere Ke. JeeefCeefpeke efjeue Sms Ke) Deele#e Skemeheespej efveefOe DeeOeeefjle leLee iewj efveefOe DeeOeeefjle Skemehees]pej (i) vewMeveue neGeEmeie yeQke (SveSeyeer) leLee (ii) DeeJeeme efJee kebheefveeeb (SeSHemeer) efjeue Sms #es$e ceW kegue Skemeheespej
Lending fully secured by mortgages on residential property that is or will be occupied by the borrower or that is rented; (Individual housing loans eligible for inclusion in priority sector advances may be shown separately) ii) Commercial Real Estate Lending secured by mortgages on commercial real estates (office buildings, retail space, multipurpose 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) Investments in Mortgage Backed Securities (MBS) and other securitised exposures a. b. b) (i) (ii) Residential, Commercial Real Estate.
13085.20
10601.48
6082.45
4607.13
17.84 43.54
50.64 97.84
Indirect Exposure National Housing Bank (NHB) Housing Finance Companies (HFCs) 10.00 4618.91 23857.95 14.62 7201.26 22572.97
Fund based and non-fund based exposures
Total Exposure to Real Estate Sector
156

2.7.2 Hebtpeer yeepeej ceW $e+Ce peesefKece efJeJejCe
Items 2.7.2 Exposure to Capital Market
2010 -11
( ` kejes[ ceW / ` in Crores) Current year
eeuet Je<e&
Previous Year 1219.72
efheuee Je<e&
(i)
FefkeJeer Meseme&, HeefjJele&veere yeeb[eW, HeefjJele&veere ef[yeWejeW (i) leLee FefkeJeer DeeOeeefjle cetegDeue Heb[ keer etefveeW, efpevekes kee@jheme keeHeexjs $e+Ce ceW Deueie mes efveJesMe veneR efkeS ieS neW, ceW ele#e efveJesMe MesejeW/yeeb[eW/ef[yeWejeW DeLeJee Deve eefleYetefleeeW keer (ii) SJe]pe ceW Deefece DeLeJee MesejeW (DeeF&heerDees/F&SmeDeesheer), heefjJele&veMeerue yeeb[eW, heefjJele&veMeerue ef[yeWejeW leLee FefkeJeer DeeOeeefjle cetegDeue Heb[ keer etefveeW ceW efveJesMe kes efueS JeefeeeW kees efveyeOe DeeOeej hej efoS ieS Deefece efkevneR Deve Ssmes GsMeeW kes efueS Deefece peneb MesejeW (iii) DeLeJee HeefjJele&veere yeeb[eW DeLeJee HeefjJele&veere ef[yeWejeW DeLeJee FefkeJeer DeeOeeefjle cetegDeue Heb[ keer etefveeW kees HeeLeefceke HeefleYetefle kes He ceW efueee ieee nw. efkevneR Deve Ssmes GsMeeW kes efueS Gme meercee leke Deefece, (iv) peesefke MesejeW, heefjJele&veMeerue yeeb[eW DeLeJee HeefjJele&veere ef[yeWejeW DeLeJee FefkeJeer DeeOeeefjle cetegDeue Heb[ keer etefveeW keer mebheeefMJe&ke eefleYetefle mes mebjef#ele nw; DeLee&le peneb efke MesejeW/HeefjJele&veere yeeb[eW/HeefjJele&veere ef[yeWejeW/ FefkeJeer DeeOeeefjle cetegDeue Heb[eW kes DeueeJee ueer ieeer HeeLeefceke HeefleYetefle Hetjer lejn mes DeefieceeW kees keJej veneR kej Heeeer nw. me@ke yeeskejeW kees peceeveleer leLee iewj peceeveleer Deefiece (v) leLee me@ke yeeskejeW leLee ceekex ceskej keer Deesj mes peejer ieejbefeeb keeHeexjs kees MesejeW/yeeb[eW/ef[yeWejeW DeLeJee Deve (vi) HeefleYetefleeeW DeLeJee DeHeves mebmeeOeveeW kes ye{ves keer HeleeMee ceW veeer kebHeefveeeW keer FefkeJeer kees Heesceesj kes DebMeoeve kes efueS efveyeb&Oe DeeOeej Hej mJeerke=le efkeS ieS Deefiece
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; 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; 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; 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 Secured and unsecured advances to stockbrokers and guarantees issued on behalf of stockbrokers and market makers Loans sanctioned to corporates against the security of shares / bonds/debentures or other securities or on clean basis for meeting promoters contribution to the equity of new companies in anticipation of raising resources; Bridge loans to companies against expected equity flows/issues;
1361.79
(ii)
12.16
5.68
(iii)
4.80
450.28
(iv)
5.37
2.74
(v)
206.46
140.69
(vi)
123.74
(vii) mebYeeefJele FefkeJeer HeJeen/efveie&ceeW keer SJepe ceW kebHeefveeeW kees (vii)
0.13 -
hetjke (efyepe) $e+Ce
(viii) MesejeW DeLeJee HeefjJele&veere yeeb[eW/ef[yeWejeW DeLeJee FefkeJeer (viii) Underwriting commitments taken up by the banks in respect of primary issue of shares or DeeOeeefjle cetegDeue Heb[ kes HeeLeefceke cegeW kes yeejs ceW yeQkeeW convertible bonds or convertible debentures eje keer ieF& neceeroejer eefleyeleeSb or units of equity oriented mutual funds; (ix) (x)
ceeefpe&ve ^sef[bie kes efueS me@ke yeeskejeW kees efJee Heoeve (ix) kejvee JeWej hetbpeer efveefOeeeW (Hebpeerke=le leLee iewj Hebpeerke=le) kee (x) peesefKece Hetbpeer yeepeej ceW kegue peesefKece
Financing to stockbrokers for margin trading All exposures to Venture Capital Funds (both registered and unregistered) Total Exposure to Capital Market
150.11 741.88 2606.44
725.73 2544.84
Hetbpeer yeepeej ceW Hees 2606.44 kejes[ kee $e+Ce kegue $e+Ce keer meercee jeefMe Hees 7900.25 kejes[ kes Yeerlej nw. (DeLee&le yeQke keer Meg ceeefueele Hees 19750.63 kejes[ kee 40%). Hetbpeer yeepeej ceW Hele#e $e+Ce peesefKece Hees 2394.61 kejes[ nw Deewj yeQke keer efveJeue ceeefueele (Hees 3950.12 kejes[) keer 20% kes Yeerlej nw.
The exposure to Capital Market of Rs 2606.44 Crores is within the limit of Rs 7900.25 Crores (i.e. 40% of Banks Net worth Rs 19750.63 Crores). The direct exposure to Capital Market is Rs 2394.61 Crores and is within 20% of the Banks Net Worth (Rs 3950.12 Crores).
157

2.7.3
2010 -11
peesefKece esCeerJeej osMeere Skemehees]pej

Category
2.7.3 Risk Category wise Country Exposure ( ` kejes[ ceW / ` in Crores)
esCeer
ceee& 2011 kees Skemehees]pej (ves)
Exposure (net) as at March 2011 11525.14 11681.36 0 769.28
Provision held as at March 2011 5.19 12.22
ceee& 2011 kees eeJeOeeve
ceee& 2010 kees Skemehees]pej (ves)
Exposure (net) as at March 2010 10678.11 8843.90 0 520.57
Provision held as at March 2010 4.03 11.31
ceee& 2010 kees eeJeOeeve
cenlJenerve vetve ceOe vetve ceOe ceOe Ge Ge DeefOeke Ge meerefcele $e+Ce mes Flej kegue
2.7.4
Insignificant Low Moderately Low Moderate Moderately High High Very High Restricted Off-credit Total
337.49 1212.04 6.66 0.06 25532.03 17.41
257.46 1208.94 3.75 0 21512.73 15.34
yeQke eje Skeue $e+Ceer meercee (SmeyeerSue) mecetn $e+Ceer meercee (peeryeerSue) ceW DeeefOekee
2.7.4 Single Borrower Limit (SBL)/ Group Borrower Limit (GBL) exceeded by the bank. ( ` kejes[ ceW / ` in Crores)
kepe&oej kee veece Metve
Name of the borrower
Single Borrower Exposure Limit Nil
mecetn kepe&oej Skemehees]pej meercee
Total Limit Balance as on Sanctioned 31.03.2011 Nil Nil
kegue efveOee&efjle meercee
31.03.2011 kees Mes<e
Nil
kepe&oej kee veece Metve

2.7.5
Name of the borrower
Group Borrower Exposure Limit Nil
Skeue kepe&oej Skemehees]pej meercee
Total Limit Balance as on Sanctioned 31.03.2011 Nil Nil
kegue efveOee&efjle meercee
31.03.2011 kees Mes<e
Nil
iewjpeceeveleer Deefece jeefMe Ssmes DeefeceeW efpeveceW nkeoejer, ueeFmeWme, eeefOekeej Deeefo hej eYeej nsleg Decetle& eefleYetefleeeb peceevele kes he ceW ueer ieF& nw, keer jeefMe ` 832.88 kejes[ nw leLee GvnW iewj peceeveleer DeefeceeW kes Yeeie kes he ceW oMee&ee ieee nw pewmee efke legueve he$e keer leeefuekee 9 ceW GefuueefKele nw~ kegue iewj peceeveleer DeefeceeW ceW Ssmes DeefeceeW kee DebMe 1.70% nw.
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 ` 832.88 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 1.70 %
158

2.7.6 peceeDeeW, DeefeceeW, Skemehees]pej leLee SveheerS kee kesverkejCe 2.7.6. ke) peceeDeeW kee kesverkejCe
2010 -11
2.7.6 Concentration of Deposits, Advances, Exposures and NPAs 2.7.6. a) Concentration of Deposits ( ` kejes[ ceW / ` in Crores) Current Year 30464.99 9.97
eeuet Je<e&
yeerme meyemes ye[s peceekelee&DeeW keer kegue peceeSb yeQke keer kegue peceeDeeW ceW yeerme meyemes ye[s peceekelee&DeeW keer peceeDeeW kee eefleMele
2.7.6. Ke) DeefeceeW kee kesverkejCe
Total Deposits of twenty largest depositors Percentage of Deposits of twenty largest depositors to Total Deposits of the bank
efheuee Je<e&
2.7.6. b) Concentration of Advances ( ` kejes[ ceW / ` in Crores) Current Year 36312.71 11.19
eeuet Je<e&
yeerme meyemes ye[s $e+efCeeeW kees efoS ieS kegue $e+Ce yeQke kes kegue DeefeceeW ceW yeerme meyemes ye[s $e+efCeeeW kees efoS ieS DeefeceeW kee eefleMele
2.7.6. ie) Skemehees]pej kee kesverkejCe
To t a l A d v a n c e s t o t w e n t y l a r g e s t borrowers Percentage of Advances to twenty largest borrowers to Total Advances of the bank
efheuee Je<e&
2.7.6. c) Concentration of Exposures ( ` kejes[ ceW / ` in Crores) Current Year 38237.82 9.73
eeuet Je<e&
yeerme meyemes ye[s $e+efCeeeW / eenkeeW kee kegue Skemehees]pej $e+efCeeeW / eenkeeW kes eefle yeQke kes kegue Skemehees]pej kee eefleMele
2.7.6. Ie) SveheerS kee kesverkejCe
Total Exposure to twenty largest borrowers/ customers Percentage of Exposures to twenty largest borrowers/customers to Total Exposure of the bank on borrowers/customers
efheuee Je<e&
2.7.6. d) Concentration of NPAs ( ` kejes[ ceW / ` in Crores) Current Year 383.89
eeuet Je<e&
eej ye[s SveheerS KeeleeW ceW kegue Skemeheespej

2.7.6. *) eeJeOeeve keJejspe Devegheele
Total Exposure to top four NPA accounts
Previous Year 259.39
efheuee Je<e&
2.7.6. e) Provision Coverage Ratio Current Year 74.91% Miscellaneous ( ` kejes[ ceW / ` in Crores) Current Year
eeuet Je<e&
mekeue SveheerS ceW eeJeOeeve keJejspe Devegheele

2.8
PCR to Gross NPA 2.8
Previous Year 74.90%
efheuee Je<e&
efJeefJeOe
2.8.1 Je<e& kes oewjeve kejeOeeve nsleg efkeS ieS eeJeOeeve keer jeefMe
2.8.1 Amount of Provisions for Taxation during the year
eeuet Je<e&
Previous year 1319.98 140.25
efheuee Je<e&
kej nsleg eeJeOeeve IeeSb : efheues Je<eeX mes mebyebefOele kej kee efjJeme&ue kej kes efueS ves eeJeOeeve
Provision for Tax Less reversal of Tax provisions relating to previous years Net Provision for Tax
1652.91 244.27
1408.64
1179.73
159
2010 -11
2.8.2 Yeejleere efj]peJe& yeQke eje ueieeS ieS ob[ kee ekeerkejCe
efJeeere Je<e& 2010-11 kes oewjeve yeQke hej yeQefkebie efJeefveece DeefOeefveece 1949 keer efkemeer Yeer Dehes#ee keer DeJensuevee DeLeJee iewj Devegheeuevee DeLeJee Yeejleere efj]peJe& yeQke eje Ge DeefOeefveece ceW efJeefveefo& efveeceeW DeLeJee Meleex kee heeueve ve nesves kes keejCe yeQke hej Ssmee keesF& oC[ veneR ueieeee ieee nw.
2.8.3 eeeesefpele SmeheerJeer eje Dee@He yewueWme Meer (efpemes uesKee ceevekeeW kes
2.8.2 Disclosure of penalties imposed by RBI During the financial year 2010-11, 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. 2.8.3 Off-balance sheet SPVs sponsored (which are required to be consolidated as per accounting norms)
Devegmeej mecesefkele efkeee peevee nw)
eeeesefpele SmeheerJeer kee veece Name of the SPV sponsored Iejsuet Domestic Metve / NIL efJeosMeer Overseas Metve / NIL
3. SLR Investments: ( ` kejes[ ceW / ` in Crores)
3. SmeSueDeej efveJesMe
eeuet Je<e& yener cetue ceekex cetue

Current Year
efheuee Je<e& yener cetue ceekex cetue

Previous Year 49456.44 800.61 49422.55 857.15
Book Value Market Value Book Value Market Value
mejkeejer eefleYetefleeeb SmeSueDeej (meerpeer, Smepeer Je eryeer) Devegceesefole eefleYetefleeeb SmeSueDeej
Government Sec SLR (CG, SG & TB) Approved Sec SLR
59268.51 540.70
59268.51 536.28
4. eeJeOeeveeW Je DeekeefmcekeleeDeeW kee yeske Dehe 4.1 ueeYe Je neefve Keeles ceW Deeves Jeeues eeJeOeeve Je DeekeefmcekeleeDeeW kee efJeJejCe Fme ekeej nw:
efJeJejCe efveJesMe hej cetueeme nsleg eeJeOeeve yesKeeles [eues ieS DeMeesOe $e+CeeW/SveheerS kes efueS eeJeOeeve ceeveke DeeefmleeeW nsleg eeJeOeeve kej nsleg eeJeOeeve (DeemLeefiele kejeW, Deewj mebheoe kej meefnle) Deve eeJeOeeve leLee DeekeefmcekeleeSb hegveie&ef"le ceeveke Je DeJeceeveke KeeleeW ceW yeepe kes mewefeHeeFme nsleg eeJeOeeve osMeiele peesefKece eyebOeve nsleg eeJeOeeve kece&eejer keueeCe Kee& nsleg eeJeOeeve Deve kegue
Particulars
4.
Break up of Provisions and Contingencies
4.1 The break-up of provisions and contingencies appearing in Profit & Loss Account is as under: ( ` kejes[ ceW / ` in Crores) Current Year 9.01 1040.05 223.85 1408.64
eeuet Je<e&
Previous Year -380.74 900.65 106.63 1179.73
efheuee Je<e&
Provision for depreciation on investment Bad debts written off / Provision made towards NPA Provision for standard assets Provision for taxes (including deferred taxes, and Wealth tax) Other Provision and Contingencies Provision towards sacrifice of interest in restructured standard and sub-standard accounts Provision for Country Risk Management Provision for staff welfare expenses Others Total
10.55
54.81
15.00 32.82 2739.92
15.00 0.85 1876.93
160
Jeeef<e&ke efjhees& Annual Report 4.2 DemLeeeer eeJeOeeve - Jeeheke ekeerkejCe

efJeJejCe ke. DemLeeeer eeJeOeeve Keeles ceW DeejefcYeke Mes<e Ke. uesKee Je<e& ceW efkeS ieS DemLeeeer eeJeOeeve keer jeefMe ie. uesKee Je<e& kes oewjeve efkeS ieS [ê [eGve keer jeefMe Ie. DemLeeeer eeJeOeeve Keeles ceW Debeflece Mes<e
4.3 Particulars a. b. c. d. Opening balance in the provisions account floating
2010 -11
4.2 Floating Provisions Comprehensive Disclosures ( ` kejes[ ceW / ` in Crores) Current Year 550.35 300.00 850.35
eeuet Je<e&
efheuee Je<e&
The quantum of floating provisions made in the accounting year Amount of draw down made during the accounting year Closing balance in the floating provisions account 4.3 Draw Down from Reserves
5
(ke) (Ke) (ie) (Ie)
Deejef#ele efveefOeeeW ceW efiejeJe ([ê [eGve) efJeeere Je<e& 2010-11 kes oewjeve Deejef#ele efveefOeeeW ceW keesF& efiejeJe veneR DeeF&. efMekeeeleeW kee ekeerkejCe ke. eenke efMekeeele
Je<e& kes Meg ceW uebefyele efMekeeeleeW keer mebKee Je<e& kes oewjeve HeeHle efMekeeeleeW keer mebKee Je<e& kes oewjeve efveJeeefjle efMekeeeleeW keer mebKee Je<e& kes Deble ceW uebefyele efMekeeeleeW keer mebKee
During the financial year 2010-11 there has been no draw down of the Reserves. 5. Disclosure of complaints A. Customer Complaints 91 6239 6170 160*
(a) No. of complaints pending at the beginning of the year (b) No. of complaints received during the year (c) No. of complaints redressed during the year (d) No. of complaints pending at the end of the year
* FveceW
mes, 111 efMekeeeleW Ske ceen mes kece hegjeveer nQ. Ke. yeQefkebie ueeskeheeue eje efoS ieS efveCe&e
*Out of this, 111 complaints are less than one month old. B. Awards passed by the Banking Ombudsman (a) No. of unimplemented Awards at the beginning of the year (b) No. of Awards passed by the Banking Ombudsman during the year (c) No. of Awards implemented during the year (d) No. of unimplemented Awards at the end of the year 6. A. Status of Letters of Comfort Letters of Comfort (LOCs) 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. B. Cumulative position of LOCs outstanding on 31.03.2011 During the financial year 2009-10, Bank has issued only one Letter of Comfort 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 Banks subsidiary in that country. The subsidiary Bank of Baroda (New Zealand) Ltd. has been registered as a Bank in New Zealand on 01.09.2009. 02 21 22 01
(ke) Je<e& kes Meg ceW keeee&efvJele ve efkeS ieS efveCe&eeW keer mebKee (Ke) Je<e& kes oewjeve yeQefkebie ueeskeHeeue eje efoS ieS efveCe&eeW keer mebKee (ie) Je<e& kes oewjeve keeee&efvJele efveCe&eeW keer mebKee (Ie) Je<e& kes Deble ceW keeee&efvJele ve efkeS ieS efveCe&eeW keer mebKee
6. egkeewleer DeeMJeemeve He$e

ke. eeuet efJeeere Je<e& kes oewjeve peejer egkeewleer DeeMJeemeve he$e (SueDeesmeer) yeQke ves eeuet Je<e& kes oewjeve efJeosMeer/osMeere efveeecekeeW eje Deheveer Deveg<ebefieeeW keer mLeehevee kejves/MeeKeeDeeW kees Keesueves kes efueS Dehevee Devegceesove eehle kejles mecee DeeJeMekeleeDeeW keer hetefle& kes meboYe& ceW keesF& DeeMJeemeve he$e peejer veneR efkeee. Ke. 31.3.2011 kees yekeeee egkeewleer DeeMJeemeve He$eeW keer mebeeer efmLeefle efJeeere Je<e& - 2009-10 kes oewjeve yeQke ves Deveg<ebefieeeW keer mLeehevee/MeeKeeSb Keesueves nsleg Devegceesove eehle kejves kes efueS efJeosMeer/osMeere efJeefveeecekeeW kees Dehes#eDeeW kes Deveghe kesJeue Ske egkeewleer DeeMJeemeve he$e peejer efkeee nw. egkeewleer DeeMJeemeve he$e efj]peJe& yeQke Dee@He vetpeerueQ[ kees, yeQke keer Gme osMe ceW Deveg<ebieer Keesueves kes meboYe& ceW peejer efkeee ieee. Deveg<ebieer yeQke Dee@He ye[ewoe (vetpeerueQ[) efue. kees vetpeerueQ[ ceW efo. 01.09.2009 kees yeQke kes he ceW hebpeerke=le efkeee ieee
161

Ke.
2010 -11
1. 1.1
Fbmeret Dee@He] ee&[& SkeeGbsdme Dee@He] Fbef[ee eje peejer SkeeGbefbie mQ[[& (SSme) kes mebyebOe ceW HekeerkejCe kece&eejer ueeYe (S.Sme.-15) yeQke ves DeeF&meerSDeeF& eje peejer uesKee ceeveke (S.Sme.-15) kees DeHeveeee nw Deewj pees efke efoveebke 07.12.2006 mes ueeiet nQ. en ceeveke efoveebke 17.12.2007 kees mebMeesefOele SJeb DeefOemetefele efkeee ieee. S.Sme.-15 ceW efoS ieS HeeJeOeeve yeQke kees 5 Je<eeX mes DeefOeke keer DeJeefOe kes efueS DeHeves ueeYe SJeb neefve Keeles ceW HeejJenve oselee kees Kee& jeefMe kes He ceW eYeeefjle kejves kee efJekeuHe Heoeve kejlee nw. yeQke ves Fme efJekeuHe kees DeHeveeee nw leLee leodvegmeej efJelleere Je<e& 2007-08 mes kece&eejer kes efnleeW ceW kegue Deblejere oseleeDeeW kes 1/5 Yeeie leke vekeoerkejCe leLee mesJeeefveJe=efe mebyebOeer ueeYe kes efueS Je=efMeerue HeeJeOeeve efkeS ieS nQ pees efke Hees 901.00 kejes[ kes JeemleefJeke cetue kes yejeyej nQ. efnmeeye ceW ve ueer ieF& ` 180.20 kejes[ keer jeefMe kees 31 ceee& 2012 kes Deble leke efnmeeye ceW efueee peeSiee.
B. 1. 1.1
Disclosure in terms of Accounting Standards (AS) issued by the Institute of Chartered Accountants of India: Employee Benefits (AS-15) Bank has adopted the Accounting Standard (AS-15) issued by ICAI and 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. The unrecognized amount of ` 180.20 Crores will be charged by end of March 31, 2012. GRATUITY: The Bank pays gratuity to employees who retire or resign from Banks service. The Bank makes contributions to an in-house trust, towards funding this gratuity, payable every year. In accordance with the gratuity funds 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.
1.2
ieseger : yeQke DeHeves Ssmes kece&eeefjeeW kees, pees efke yeQke mesJee mes mesJeeefveJe=e DeLeJee mesJeeleeie kejles nQ, ieeger kee Yegieleeve kejlee nw. yeQke Heleske Je<e& Yegieleeve s keer peeves Jeeueer Fme ieeger keer hebef[ie kes efueS Ske Deebleefjke veeme kees s DebMeoeve jeefMe Heoeve kejlee nw. ieeger efveefOe kes efveeceeW kes DevegHe yeepe s oj, Jesleve Je=e, ce=leg oj Deewj mesJee es[ves Jeeues mehe kee Devegceeve ueieeles f ngS, Heefjueef#ele FkeeF& $e+Ce yeerceebekeke Heefle kes DeeOeej Hej ieeger oselee kes f s yeerceebekeke cetue keer ieCevee keer peeleer nw . f efveefOeeeW kee efveJesMe Yeejle mejkeej eje efveOee&efjle efveJesMe Heefle kes Devegmeej efkeee peelee nw .
1.2
Yegieleeve keer peeves Jeeueer ieseger keer ieCevee 3 efJeefYevve eespeveeDeeW kes lejerkes mes keer peeleer nw leLee Fmekes efueS kece&eeefjeeW kes efueS Hee$elee pees kece&eeefjeeW kes efueS DeefOeke ueeYekeejer nes, Gmekes DeeOeej Hej keer peeleer nw. 1.3 HeWMeve : 1.3.1 yeQke Dee@He] ye[ewoe DeHeves Ssmes kece&eeefjeeW, efpevneWves HeWMeve kee efJekeuHe egvee nw Deewj Ssmes kece&eeefjeeW kees, efpevneWves 29.09.1995 kees DeLeJee Gmekes Heeeled yeQke mesJee ceW keee&Yeej mebYeeuee nw, GvnW efJeefveefo&< ueeYe leLee mesJee efveJe=efe eespevee kes Debleie&le HeWMeve kee Yegieleeve kejlee nw. en eespevee kece&eeefjeeW kees ceeefmeke DeeOeej Hej Gve kece&eeefjeeW kes Jesleve leLee yeQke ceW Gvekeer mesJeekeeue keer DeJeefOe Je<eeX kes DeeOeej Hej Gvekes yeQke kees es[ves kes Heeeled HeWMeve Heoeve kejves keer megefJeOee eoeve kejleer nw. yeQke Dee@He] ye[ewoe (kece&eejer) HeWMeve efJeefveece, 1995 kes Debleie&le Meeefceue kece&eejer YeefJe<e efveefOe ceW yeQke kes DebMeoeve kes efueS Hee$e veneR nw. HeWMeve efveefOe kee HeyebOeve yeQke kes Debleefjke veeefmeeeW eje efkeee peelee nw. 1.3.2 efJeJeskehetCe& efveeeceke heefle (heWMeve efJekeuhe hegve: eoeve kejvee leLee iepeger ceW s Je=e) f Je<e& kes oewjeve, yeQke ves Deheves Ssmes kece&eeefjeeW kes efueS heWMeve efJekeuhe kees hegve: eoeve efkeee nw, efpevneWves hetJe& ceW heWMeve eespevee veneR Deheveeeer Leer. Fme eefeee kes HeuemJehe 18989 kece&eeefjeeW kes efueS yeQke keer `1829.90 kejes[ keer ] oselee me=epele ngF& nw. Fmekes Deefleefjkele, Je<e& kes oewjeve yeQkeeW kes kece&eeefjeeW f kees ieeger Yegieleeve DeefOeefveece, 1972 ceW efkeS ieS mebMeesOeve kes Devegmeej ose s ieeger keer meercee Yeer ye]{eeer ieeer. Fmekes HeuemJehe, yeQke keer ieeger oselee s s ceW ` Metve keer Je=e ngF. f &
1.3
PENSION
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 banks service on or after 29.9.1995. The plan provides for a pension on a monthly basis to these employees on their cessation from Banks service based on the respective employees salary and years of qualifying service with the Bank. Employees covered under Bank of Baroda (Employees) Pension Regulations, 1995 are not eligible for Banks contribution to Provident Fund. Pension fund is managed by in-house trustees. 1.3.2 Prudential Regulatory treatment (reopening of Pension option and enhancement of gratuity) During the year, the Bank 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 18989 employees, the Bank has incurred a liability of `1829.90 Crores. Further, during the year, the limit of gratuity payable to the employees of the banks was also enhanced pursuant to the amendment to the Payment of Gratuity Act, 1972. As a result, the gratuity liability of the Bank has increased by ` NIL.
162

SSme-15 kece&eejer ueeYe mebyebOeer ceeveke keer Dehes#eeDeesb kes Devegmeej, `1829.90 kejes[ keer hetCe& jeefMe ueeYe-neefve Keeles kees eYeeefjle keer peeleer nw. leLeeefhe, ] Yeejleere efjpeJe& yeQke ves efo.9 HejJejer, 2011 kees meeJe&peefveke #es$e kes yeQkeeW ] kes kece&eeefjeeW kees heWMeve efJekeuhe hegve: eoeve kejves leLee ieeger meerceeDeesb s ceW Je=e efJeJeskehetCe& efveeeceke heefle kes mebyebOe ceW heefjhe$e meb. [eryeerDees[er. f yeerheeryeermeer:80/21.04.018/ 2010-11 peejer efkeee Lee. Gkele heefjhe$e kes eeJeOeeveeW kes Deveghe, yeQke ves `365.98 kejes[ keer jeefMe (`8929.90 ] kejes[ kee 1/5) ueeYe-neefve Keeles kees eYeeefjle keer nw. `1463.92 kejes[ keer ] ] DeefveOee&ejle Mes<e jeefMe (`1829.90 `365.98 kejes[) kees Gkele heefjhe$e ceW f ] efJeefveefo<evegmeej Mes<e DeJeefOe ceW efnmeeye ceW efueee peeSiee leLee eYeeefjle efkeee & peeSiee. Fme jeefMe ceW efJecege / mesJeeefveJe=e efkemeer kece&eejer keer jeefMe Meeefceue veneR nw. eefo Yeejleere efjpeJe& yeQke ves Ge heefjhe$e peejer ve efkeee neslee lees SSme 15 keer ] Dehes#eeDeeW kes heuemJehe yeQke kee ueeYe ` 1463.92 kejes[ kece neslee. efJeeere efJeJejefCeeeW kes Deve IekeeW hej Fmekes heuemJehe he[ves Jeeues efJeeere eYeeJe efpemeceW kejeOeeve kes efueS eeJeOeeve, DeemLeefiele kejeOeeve, meebeJeefOeke/ f Deve eejef#ele efveefOeeeW ceW DevlejCe leLee eefleMesej Deee kee Deekeueve veneR efkeee ieee nw. yeQke ves ` 753.35 kejes[ kes ueeYeebMe (` 16.50 eefle Mesej) kee eeJeOeeve efkeee nw pees efke yeQekebie efJeefveece DeefOeefveece 1949 keer Oeeje 53 kes Devleie&le Yeejle f mejkeej eje peejer DeefOemeteveeDeeW leLee Oeeje 15 keer Devegheeuevee kes DeOeOeerve nw. 1.4 YeefJe<e efveefOe : yeQke Dee@He] ye[ewoe kees DeHeves kece&eeefjeeW kes mesJee efveJe=ee ueeYeeW kes Ske Yeeie kes He f ceW YeefJe<e efveefOe keer osKejsKe meebeJeefOeke DeeJeMekelee nw. Fme efveefOe kee HeyebOeve f Deebleefjke veeefmeeeW eje efkeee peelee nw. Heleske kece&eejer eje Gmekes cetue Jesleve SJeb hee$e YeeeW kee 10% DebMeoeve efkeee peelee nw Deewj yeQke Dee@He] ye[ewoe Gme jeefMe kes yejeyej jeefMe Fme efveefOe ceW DebMeoeve kejlee nw. Fme efveefOe kee efveJesMe Yeejle mejkeej eje efveOee&ejle efveJesMe Heefle kes Devegmeej efkeee peelee nw. f ger kee vekeoerkejCe : keesF& Yeer kece&eejer DeHeveer DeefOeJeef<e&lee /mJewefke mesJee efveJe=efe /ce=leg keer leejerKe Hej Gmekes Keeles ceW pecee ngF& gefeeW ceW mes DeefOekelece 240 efoveeW leke keer Deefpe&le gefeeW kee vekeoerkejCe HeeHle kejves kee nkeoej nw. leLeeefHe, mesJee leeie keer efmLeefle ceW, kece&eejer pecee Deefpe&le gefeeW ceW DeefOekelece 120 efoveeW leke gefeeW keer 50% jeefMe kee vekeoerkejCe HeeHle kejves kee nkeoej nw . 1.6 Deefleefjkele mesJeeefveJe=efe ueeYe Deefleefjkele mesJee efveJe=efe ueeYe kes efueS eespevee kes Debleie&le keesF& DeefOekeejer DeHeveer mesJeeefveJe=efe /mJewefke mesJee efveJe=efe /ce=leg Hej Deefleefjkele mesJee efveJe=efe ueeYe Heeves kee nkeoej nesiee yeMelex efke Gmeves yeQke ceW 30 Je<eeX keer mesJee Hetjer kej ueer nes. "erke Fmeer lejn, DeJee[& me@He meome mesJee efveJe=efe /mJewefke mesJee efveJe=efe/ ce=leg nesves Hej Deefleefjkele mesJee efveJe=efe ueeYe Heeves kes efueS nkeoej neWies yeMelex Gmeves yeQke mesJee ceW 30 Je<eeX keer mesJee Hetjer kej ueer nes . leLeeefHe, yeKee&mleieer, mesJee cegefkele, mesJee meceeefHle, DeefveJeee& mesJee efveJe=efe Deewj mesJee leeie keer efmLeefle ceW mesJee keeue kes Je<eeX keer mebKee hej Oeeve ve jKeles ngS Deefleefjkele mesJee efveJe=efe ueeYe kee Yegieleeve veneR efkeee peeSiee.
1.6 1.4
2010 -11
In terms of the requirements of the AS 15 - Employee Benefits, the entire amount of `1829.90 Crores is required to be charged to the Profit and Loss Account. However, the RBI has 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 Prudential Regulatory Treatment, dated 9th February 2011. In accordance with the provisions of the said Circular, the Bank has charged an amount of ` 365.98 Crores (representing one-fifth of `1829.90 Crores) to the Profit and Loss Account. The unrecognised balance amount of `1463.92 Crores (`1829.90 `365.98 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. Had the said Circular not been issued by the RBI, the profit of the Bank would have been lower by `1463.92 Crores pursuant to application of the requirements of AS 15. Consequential financial effect on other components of the financial statements, including on Provision for Taxation, deferred Taxation, the transfer to statutory / other reserves & earning per share has not been ascertained. The Bank has proposed dividend of `753.35 Crores (`16.50 per share) which is subject to compliance of section 15 and consequential notification to this effect by the Government of India under Section 53 of the Banking Regulation Act, 1949. PROVIDENT FUND Bank of Baroda is statutorily required to maintain a provident fund as a part of its retirement benefits to its employees. This fund is administered by a Bank managed trust. Each employee contributes 10% of their basic salary and eligible allowances and Bank of Baroda contributes an equal amount to the fund. The investment of the fund is made according to investment pattern prescribed by the Government of India. 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. 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-30-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 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.
1.5
1.5
163
2010 -11
1.7 ekeerkejCe cetue yeerceebefkeke DeJeOeejCeeSb (Jewspe Deewmele kes He ceW DeefYeJekele)
1.7 Disclosures Principal Acturial Assumptions [Expressed as Weighted Averages]
PENSION
HeWMeve
LEAVE ENCASHMENT 8.50% 4.00% 2.00% 0.00%
eespevee kee mJehe TYPE OF PLAN DeJekeeMe vekeoerkejCe ieseger Deefle. mesJee ueeYe
GRATUITY 8.50% 4.00% 2.00% 8.00% ARB 8.50% 4.00% 2.00% 0.00%
ef[mkeeGb oj Jesleve Je=ef oj eme oj eespeveeiele DeeefmleeeW Hej mebYeeefJele efjve& js
Discount rate Salary Escalation Rate Attrition Rate Expected Rate of Return on plan Assets
8.50% 4.00% 2.00% 8.00%
oseleeDeeW kes DeejbefYeke Deewj Debeflece Mes<e kee meceeOeeve
RECONCILIATION OF OPENING AND CLOSING BALANCE OF LIABILITY ( ` kejes[ ceW / ` in Crores)
PENSION
eespevee kee mJehe TYPE OF PLAN DeJekeeMe HeWMeve ieseger vekeoerkejCe

ENCASHMENT 508.75 40.06 26.03 1023.74 81.53 52.10
Deefle. mesJee ueeYe LEAVE GRATUITY ARB

431.28 34.33 11.70
ke) Ke) ie) Ie) *) Ie) e) ) pe)
1/4/2010 kees HeerJeerDees a) yeepe keer ueeiele b) eeuet mesJee ueeiele c) efheueer mesJee ueeiele (cetle he ceW) d) efheueer mesJee ueeiele (efveefnle ueeYe) e) f) Debleefjle oselee d) Heoe ueeYe oeefelJe Hej yeerceebekeke neefve/ueeYe(-) e) f 31.03.2011 kees HeerJeerDees f)
PVO as at 1/4/2010 Interest Cost Current Service Cost Past service cost (amortised) Past service cost (vested benefit) Liability transferred in Benefits Paid Actuarial loss/gain(-) on obligation PVO as at 31.03.2011
2861.10 228.44 94.20 1829.90 554.14 1358.22 -199.63 -72.33 6654.04
68.13 53.20 559.91
113.16 282.45 1327.35
27.62 -8.17 441.52
eespevee DeeefmleeeW kes Gefele cetue kes DeejbefYeke Mes<e SJeb Debeflece Mes<e kee meceeOeeve
RECONCILIATION OF OPENING & CLOSING BALANCE OF FAIR VALUE OF PLAN ASSETS ( ` kejes[ ceW / ` in Crores)
PENSION
eespevee kee mJehe TYPE OF PLAN DeJekeeMe HeWMeve ieseger vekeoerkejCe

ENCASHMENT 0 0 68.13 779.01 73.08 191.23
Deefle. mesJee ueeYe LEAVE GRATUITY ARB

0 0 27.62
ke) 1/4/210 kees eespeveeiele DeeefmleeeW kee Gefele cetue Ke) eespeveeiele DeeefmleeeW hej mebYeeefJele efjve& ie) DebMeoeve Ie) Deve veeme SJeb meomeeW mes Debleefjle *) Heoe ueeYe e) yeerceebefkeke ueeYe / (-) neefve ) 31.03.2011 kees eespeveeiele DeeefmleeeW kee Gefele cetue
a) Fair Value of plan assets as on 1/4/2010 b) Expected Return on Plan Assets c) Contributions d) transfer from other trust and members e) Benefits Paid f) Actuarial gain / (-) loss g) Fair Value of Plan Assets as on 31.03.2011
2701.89 236.32 351.97 1358.22 -199.63 -60.20 4388.57
68.13 0 53.20
113.46 -23.00 906.86
27.62 0 8.17
164
Jeeef<e&ke efjhees& Annual Report legueve-He$e ceW ceeve jeefMe
2010 -11
AMOUNT RECOGNISED IN THE BALANCE SHEET ( ` kejes[ ceW / ` in Crores)
eespevee kee mJehe TYPE OF PLAN Deefle. mesJee ueeYe PENSION GRATUITY ENCASHMENT ARB HeWMeve DeJekeeMe vekeoerkejCe LEAVE ieseger
ke) oeefelJe kee HeerJeer Ke) eespeveeiele DeeefmleeeW kee Gefele cetue ie) Devlej Ie) DeefveOee&efjle mebeceCeMeerue oselee *) leguevehe$e ceW ceeve oselee
a) PV of obligation b) Fair value of plan assets c) Difference d) Unrecognised transitional liability e) Liability Recognised in the BS 6654.04 4388.57 2265.47 1476.92 788.55 559.91 0 559.91 39.20 520.71 1327.35 906.86 420.49 37.38 383.11 441.52 0 441.52 45.20 396.12
ueeYe-neefve Keeles ceW ceeve jeefMe
AMOUNT RECOGNISED IN THE P&L ACCOUNT ( ` kejes[ ceW / ` in Crores)
eespevee kee mJehe TYPE OF PLAN

PENSION
HeWMeve DeJekeeMe vekeoerkejCe LEAVE
Deefle. mesJee ueeYe GRATUITY ENCASHMENT ARB ieseger

26.03 40.06 52.10 81.53 -73.08 11.70 34.33 -
ke) Ke) ie) Ie) *) e) ) pe)
eeuet mesJee ueeiele yeepe ueeiele eespeveeiele Deeefmle Hej mebYeeefJele efjve& eqveOee&efjle efheueer mesJee ueeiele (cetle& he) efveOee&efjle efheueer mesJee ueeiele (efveefnle ueeYe) Meg yeerceebefkeke neefve/ueeYe (-) Je<e& kes oewjeve ceeveer ieeer mebeceCeMeerue oselee ueeYe neefve Keeles ceW efveOee&efjle Kee&
a) b) c) d) e) f) g)
Current Service Cost Interest Cost Expected Return on Plan Assets Past service cost (amortised) recognised past service cost (vested benefit) recognised Net Actuarial Loss/gain(-) Transitional liability recognized in the year
94.20 228.44 -236.32
365.98 554.14 -12.13 13.00 1007.31
53.20 39.20 158.49
305.45 38.00 404.00
-8.17 45.40 83.26
Expenses Recognised in P&L
165

3. mesieceW efjHeesefie (S.Sme.-17) : Yeeie - ke : efyepevesme mesieceW
^spejer
2010 -11
3.
Segment Reporting (AS-17) Part A Business Segments ( ` kejes[ ceW / ` in Crores)
Treasury
Corporate / Wholesale Banking
keeheexjs/nesuemesue yeQeEkeie
Retail Banking
efjsue yeQeEkeie
Deve yeQefkebie heefjeeueve

Other Banking Operations
Total
kegue
Current Yr Prev Year Current Yr Prev Year Current Yr Prev Year Current Yr Prev Year Current Yr Prev Year
eeuet Je<e&
efheuee Je<e&
4599.16 1047.70
eeuet Je<e&
efheuee Je<e&
7324.24 1585.36
eeuet Je<e&
efheuee Je<e&
4956.91 778.65
eeuet Je<e&
efheuee Je<e&
eeuet Je<e&
efheuee Je<e&
jepemJe heefjCeece Deveeyebefle Kee&
Revenue Result Unallocated Expense
5597.84 882.51
9840.82 1525.49
5983.40 1517.89
3273.04 2750.61
2624.39 24695.10 19504.70 1780.39 6676.50 1026.18 5650.32 1408.64 5192.10 954.04 4238.06 1179.73
heefjeeueveiele Operating Profit ueeYe Deeekej

Income taxes
efJeefMe< ueeYe/ Extra-ordinary Profit/loss neefve Meg ueeYe Deve metevee mesieceW Deeefmleeeb Deveeyebefle Deeefmleeeb
Net Profit Other Information Segment Assets Unallocated Assets 85948.21 69474.04 116375.42 87163.85 53954.06 45007.87 99679.80 7411.52 355957.49 275957.28 2439.68 2359.42 4241.68 3058.33
kegue Deeefmleeeb Total Assets mesieceW oseleeSb Deveeyebefle oseleeSb ]kegue oseleeSb
Segment Liabilities Unallocated Liabilities Total Liabilities Part B Geographic Segments
358397.17 278316.70 85065.70 65703.15 109558.74 84232.80 50793.70 42564.94 79972.48 70278.06 325390.62 260978.96 33006.55 17337.74 358397.17 278316.70
Yeeie - Ke : Yeewieesefueke mesieceW :

Iejsuet Domestic eeuet Je<e& Current Yr 31.03.11 jepemJe Deeefmleeeb Revenue Assets 21743.87 267629.47 efheuee Je<e& Prev. Yr 31.03.10 17014.16 210329.67
( ` kejes[ ceW / ` in Crores) Debleje&êre International eeuet Je<e& Current Yr 31.03.11 2951.23 90767.70 efheuee Je<e& Prev. Yr 31.03.10 2490.54 67987.03 kegue Total eeuet Je<e& Current Yr 31.03.11 24695.10 358397.17 efheuee Je<e& Prev. Yr 31.03.10 19504.70 278316.70
mesieceW efJeJejCe
Segments Particulars
166

mesieceW efjHeesefie Hej efHHeCeer : 1. }sKee ceevekeeW keer DevegHeeuevee ceW Yeejleere efjpeJe& yeQke kes ceeie&efveoxMeeW kes Devegmeej yeQke ves Yeejleere efjpeJe& yeQke eje peejer mesieceW efjHeesefie Hej S.Sme.-17 kes meeLe DevegHeeuevee kes GsMe kes efueS ^spejer heefjeeueve Leeske, Kegoje Deewj Deve yeQefkebie HeefjeeueveeW kees HeeLeefceke efyepevesme mesieceW kes He ceW leLee Iejsuet Deewj Debleje&<êre kees efleere/Yeewieesefueke mesieceW kes He ceW Deheveeee nw. mesieceW jepemJe yeee ieenkeeW mes HeeHle jepemJe kee HeefleefveefOelJe kejlee nw. mesieceW HeefjCeece lee kejles mecee, yeQke ves efveefOe DeblejCe cetue efveOee&jCe HeCeeueer kees DeHeveeee nw. Heleske mesieceW kes efueS ueieeeer ieeer Hebtpeer mesieceW keer DeeefmleeeW kees DevegHeeefleke DeeOeej Hej Deeyebefle kej oer ieeer nw. Deve yeQefkebie heefjeeueveeW kes heefjCeece jepemJe leLee ueieeeer ieeer hetbpeer ceW Debleje&êre heefjeeueveeW mes mebyebefOele Deebke[s Yeer Meeefceue nQ.
Notes on Segment Reporting: 1.
2010 -11
As per guidelines of RBI on compliance with Accounting Standards AS-17, Bank has adopted Treasury Operations, Wholesale, Retail and Other Banking Operations as Primary business segments and Domestic and International as secondary / geographic segments. Segment revenue represents revenue from external customers. In determining the segment results, the funds transfer price mechanism followed by the bank has been used. Capital employed for each segment has been allocated proportionate to the assets of the segment. Results, Revenue and Capital Employed of Other Banking operations include figures relating to International Operations. Related Party Disclosures (AS 18) Names of the Related Parties and their relationship with the Bank:
2. 3. 4. 5.
2. 3. 4. 5.
4. mebyebefOele heeea ekeerkejCe (SSme-18) mebyebefOele heeef&eeW kes veece SJeb yeQke kes meeLe Gvekes mebyebOe ke) Deveg<ebefieeeb : i) yee@ye kewefheue ceekex efueefces[ ii) yee@ye kee[&dme efueefces[ iii) vewveerleeue yeQke efueefces[ iv) yeQke Dee@He ye[ewoe (yeeslmeJeevee) efueefces[ v) yeQke Dee@He ye[ewoe (kesefveee) efueefces[ vi) yeQke Dee@He ye[ewoe (etieeb[e) efueefces[ vii) yeQke Dee@He ye[ewoe (iegeevee) DeeF&Svemeer. viii) yeQke Dee@He ye[ewoe (etkes) efueefces[ ix) yeQke Dee@He ye[ewoe (lebpeeefveee) efueefces[ x) ye[ewoe kesefheue ceekexdme (etieeb[e) efueefces[ (yeQke Dee@He ye[ewoe etieeb[e efueefces[ keer Deveg<ebieer) xi) yee@ye ef$eefveoeo Je esyeeiees efue. xii) yeQke Dee@He ye[ewoe (Ieevee) efue. xiii) yeQke Dee@He ye[ewoe (vetpeerueQ[) efue. (Ke) meneesieer FkeeFeeb : i) ye[ewoe Gej eosMe eeceerCe yeQke ii) vewveerleeue Deucees[e #es$eere eeceerCe yeQke iii) ye[ewoe jepemLeeve eeceerCe yeQke iv) ye[ewoe iegpejele eeceerCe yeQke v) PeeyegDee-Oeej #es$eere eeceerCe yeQke vi) Fb[es peebefyeee yeQke efueefces[ vii) ye[ewoe Heeeesefveej Smes cesvespeceW keb. efue. (ie) mebege Gheece : i) Fbef[ee Hem& ueeFHe FbMetjWme keb. efue. ii) Fbef[ee FbjvesMeveue yeQke (ceuesefMeee) yeerSe[er
4.
(a) Subsidiaries: i) ii) iii) iv) v) vi) vii) viii) ix) x) xi) xii) xiii) (b) BOB Capital Markets Limited BOB Cards Limited The Nainital Bank Limited Bank of Baroda (Botswana) Limited Bank of Baroda (Kenya) Limited Bank of Baroda (Uganda) Limited Bank of Baroda (Guyana) Inc. Bank of Baroda (UK) Limited Bank of Baroda (Tanzania) Limited Baroda Capital Markets (Uganda) Limited. (Subsidiary of Bank of Baroda Uganda Ltd.) BOB Trinidad & Tobago Ltd. Bank of Baroda (Ghana) Ltd. Bank of Baroda (New Zealand) Ltd.
Associates: (i) (ii) (iii) (iv) (v) (vi) (vii) Baroda Uttar Pradesh Gramin Bank Nainital-Almora Kshetriya Gramin Bank Baroda Rajasthan Gramin Bank Baroda Gujarat Gramin Bank Jhabua-Dhar Kshetriya Gramin Bank Indo Zambia Bank Limited Baroda Pioneer Asset Management Co. Ltd.
(c)
Joint Ventures i) ii) India First Life Insurance Company Ltd. India International Bank (Malaysia) Bhd.
167

(Ie) ecegKe eyebOeve DeefOekeejer
S.No Name 1 2 3 4
2010 -11
(D) Key Management Personnel:
veece
Designation
heoveece
eer. Sce. [er ceuee
Shri M.D.Mallya
DeOe#e SJeb eyebOe efveosMeke
Current Year 21,87,200 -18,37,145 13,57,347
heeefjeefceke Remuneration eeuet Je<e& efheuee Je<e&
Previous Year *23,30,494 *18,74,019 *13,93,184 3,20,093
Chairman & Managing Director
eer Jeer. mevleevejeceve
Shri V.Santhanaraman
YetlehetJe& keee&keejer efveosMeke keee&keejer efveosMeke keee&keejer efveosMeke

Executive Director Executive Director
Ex-Executive Director

Shri N.S.Srinath
Shri Rajiv Kumar Bakshi
* FmeceW "s Jesleve-Deeeesie keer yekeeee jeefMe leLee eeslmeenve jeefMe Meeefceue nw.
mebyebefOele heeea ef[mkeueespej kes S Sme-18 kes hewje 9 kes cesvepej Deveg<ebefieeeW Deewj meneesieer yeQkeeW kes meeLe mebJeJenej kee ekeerkejCe veneR efkeee ieee nw, pees jepe efveeefv$ele GheeceeW kees Deve mebyebefOele heeef&eeW kes meeLe Deheves uesve-osveeW mes mebyebefOele efkemeer ekeej kee ekeerkejCe kejves mes jeskelee nw. en Yeer jepe efveeefv$ele nw.
* Amount includes arrears on account of VI pay commission and incentives. The transactions with the Subsidiaries and Associate Banks have not been disclosed in view of para 9 of the (AS) 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. 5. Earning Per Share (AS-20) Current Year 4241.68 364490716 116.37 `10.00
5. eefle Mesej Depe&ve (SSme-20) efJeJejCe kej kes yeeo Meg ueeYe (. kejes[ ceW) Meseme& keer mebKee (Jess[) eefle Mesej yegefveeeoer Je [eeuets[ Depe&ve eefle Mesej Debefkele keercele
Particulars
eeuet Je<e&
Net profit after tax (` In Crores) Number of Shares (weighted) Basic & diluted earning per share Nominal value per share 6.
Previous Year 3058.33 364266500 83.96 `10.00
efheuee Je<e&
6.
Deee kej keer ieCevee (SSme-22) DeeF&meerSDeeF& eje peejer Deee Hej kej keer ieCevee nsleg SSme-22 keer pejleeW kee yeQke ves Heeueve efkeee nw leLee leodvegmeej DeemLeefiele kej Deeefmleeeb leLee oseleeSb efveOee&efjle keer ieF& nQ. 31 ceee&, 2011 kees DeemLeefiele kej kee ves yewueWme `100.29 kejes[ Lee.
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 2011 amounting to `100.29 Crores consists of the following: ( ` kejes[ ceW / ` in Crores) 31.03.2011 31.03.2010 Asset -
Deeefmleeeb
Asset -
Liability 52.29
oselee
Deeefmle
Liability 26.02
oselee
Deeue DeeefmleeeW hej Deeekej DeefOeefveece kes lenle Difference between book depreciation and Depreciation under Income Tax Act on yener cetueeme leLee cetueeme ceW Deblej
fixed assets
Deeekej DeefOeefveece, 1961 keer Oeeje 36(1)(viii) Deduction under section 36 (1) (viii) of the Income-Tax Act, 1961 kes Devleie&le keewleer heefjhekeJelee kes efueS Oeeefjle (SeerSce) eefleYetefleeeW Depreciation on HTM Securities hej cetueeme Deeekej DeefOeefveece keer Oeeje 40 (S) (DeeF&S) kes Amount disallowed U/S 40 (a) (ia) of the IT Act Devleie&le iewj Devegcele jeefMe DeJekeeMe vekeoerkejCe kes efueS eeJeOeeve pees[ Meg DeemLeefiele kej oseleeSb
Provision for leave encashment Total: Net Deferred Tax Liabilitiy
216.56 268.85 100.29
11.32 156.42 167.74 -
234.47 260.49 92.75
9.70 158.86 168.56 -
168

7. Heefjeeueve yebo kejvee (SSme 24) efJeeere Je<e& 2010-11 kes oewjeve yeQke ves DeHeveer efkemeer Yeer MeeKee kees yebo kejves mebyebOeer keee&Jeener veneR keer nw, HeuemJeHe oseleeDeeW kees kece kejkes DeeefmleeeW keer Jemetueer keer pee mekeer nw Deewj mebHetCe& yeQke mlej Hej DeHeves Heefjeeueve ceW efkemeer keee&Jeener keer meceeefHle, efpememes GHejeskele HeYeeJe He[s, mebyebOeer efveCe&e veneR efueee ieee nw. DeeefmleeeW kee Devepe&ke yevevee (SSme-28) uesKee ceeveke-28 DeeefmleeeW kee FbhesejceW kes Keb[ 5 mes Keb[ 13 kes Debleie&le keesF& cenlJehetCe& GuuesKe ve nesves kes heuemJehe eeuet efJeeere Je<e& ceW Deeue mebheefe kee keesF& Yeer FbhesejceW pejer veneR nw. eeJeOeeve, Deekeefmceke oseleeSb leLee Deekeefmceke Deeefmleeeb (SSme-29) 9.1 oseleeDeeW kes efueS eeJeOeeveeW kee mebeueve (Deve kes efueS eeJeOeeveeW kees es[kej)
7. Discontinuing operations (AS 24)
2010 -11
During the financial year 2010-11 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. 8. 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 Accounting Standard-28 Impairment of Assets, no impairment of fixed assets is required in respect of current financial year. 9. Provisions, Contingent Liabilities and Contingent Assets (AS-29) 9.1 Movement of provisions for Liabilities (excluding provisions for others) ( ` kejes[ ceW / ` in Crores) Current Year 4.75 3.95 8.70
mesueceW / efemueeFpesMeve hej DeeGHeuees
8.
9.
efJeJejCe cegkeoceW / DeekeefmcekeleeSb 1 Deewue 2010 kees Mes<e Je<e& kes oewjeve eoe 31 ceee& 2011 kees Mes<e DeeGHeuees/DeefveefMeleleeDeeW kee mecee
Particulars Legal Cases / contingencies Balance as on 1st April 2010 Provided during the year Balance as on 31st March 2011 Timing of outflow / uncertainties
eeuet Je<e&
Previous Year 13.43 -8.68 4.75

mesueceW / efemueeFpesMeve hej DeeGHeuees
efheuee Je<e&
Outflow on settlement/ crystallization
Outflow on settlement/ crystallization
yeQke ves Ske veerefle efveOee&efjle keer nw efpemekes Devegmeej yeQke kes efJe oeJeeW kees $e+Ce kes he ceW mJeerkeej veneR efkeee peelee nw. 9.2 Deekeefmceke oseleeSb : legueveHe$e kes Mes[detue 12 kes e meb. (I) mes (VI) ceW G=le Ssmeer oseleeSb Deoeuele kes efveCe&e, Hebe Hewmeues, Deoeuele kes yeee efvemleejCe, DeHeerue kee efveHeeje, ceebieer ieF& jeefMe, DevegyebOeve oeefelJeeW kes mebyebOe ceW, eceMe: mebyebefOele Heeef&eeW eje keer ieF& ceebieeW Hej efveYe&j kejleer nQ. Ssmes ceeceueeW ceW keesF& HeefleHetefle& DeHesef#ele veneR nw.
ie. uesKeeW Hej Deve efHHeefCeeeb

1. yeefneeW kee efceueeve SJeb meceeOeeve Deblej keeee&uee meceeeespeve kes Debleie&le uesKeeW kes efJeefYevve Meer<eeX ceW veeces SJeb pecee keer yekeeee HeefJeef<eeW kes HeejbefYeke efceueeve kee keee& meceeOeeve kes Heeespeve nsleg 31.03.2011 leke kej efueee ieee nw. FmeceW Gefele meceeOeeve kee keee& eieefle hej nw. 2.
Hetbpeer
Je<e& kes oewjeve, yeQke ves efveosMeke ceb[ue kes Decegceesove mes mesyeer DeeF&meer[erDeej efJeefveeceve kes efJeefveece 76(1) kes Devegmeej Yeejle mejkeej kees efeHejWefMeeue DeeOeej hej `10/- eleske kes 2,72,79,579 FefkeJeer MesejeW kees `892.14 eefle Mesej kes eerefceece hej Deeyebefle efkeS nQ. Fmekes HeuemJehe, yeQke kees `2461.00 kejes][ keer kegue jeefMe hetbpeer kes he ceW eehle ngF& leLee efpemekes heefjCeecemJehe mejkeejer Oeeefjlee 53.81% mes ye]{kej 57.03% nes ieF& nw.
The Bank has provided for claims against the bank which have not been acknowledge as debt as per the policy framed by it. 9.2 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 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 31.03.2011, the reconciliation of which is in progress. 2. Capital During the year bank has allotted 2,72,79,579 equity shares of `10/- each at a premium of ` 892.14 per share to Govt. of India as determined by the Board in accordance with regulation 76 (1) of SEBI ICDR regulation on preferential basis. The total amount of capital received by the Bank on this account is ` 2,461.00 Crores and consequently the Government holding have increased from 53.81% to 57.03%.
169

3.
2010 -11
Hetbpeeriele Heejef#ele efveefOe

hetbpeeriele eejef#ele efveefOe ceW Deeue mebheefeeeW kes hegvece&tueebkeve kes heuemJehe nesves Jeeueer cetueJe=ef leLee ueIeg / ceOece GeesieeW kes efueS efveee&le efJekeeme heefjeespeveeDeeW nsleg efJee yeQke keer eespeveeDeeW kes Debleie&le Yeejle mejkeej keer DebMeoeve jeefMe Meeefceue nw.
3.
4.
efveJesMe
4.1 Yeejleere efjpeJe& yeQke kes efoMee-efveoxMeeW kes Devegmeej Je<e& kes oewjeve yeQke ] ves efyeeer kes efueS GHeueyOe esCeer ceW efJeeceeve mejkeejer HeeleYeteleeeW f f (SmeSueDeej) kes Ske Yeeie kees HeefjHekeJelee leke Oeeefjle esCeer ceW Debleefjle kej efoee nw. 75.80 keje[ HeS (iele Je<e& 3.25 keje[ HeS) kes HeefjCeeceer s s cetueeme kees ueeYe SJeb neefve uesKes ceW HeYeeefjle kej efoee ieee nw. 4.2 'HeefjHekeJelee leke Oeeefjle' esCeer kes lenle jKes ieeW efveJesMe keer efyekeer Hej ueeYe jeefMe 41.92 kejes[ kees ueeYe SJeb neefve Keeles ces efueee ieee nw Deewj Gmekes yeeo 20.99 kejes[ kees Hetbpeeriele Heejef#ele efveefOe ceW kejeW kees Meg ceW meceeeesefpele efkeee ieee nw leLee yewefkebie efJeefveeceve DeefOeefveece 1949 keer Oeeje 17 kes Devleie&le meebefJeefOeke Heejef#ele efveefOe kees Debleefjle efkeee ieee nw.
Capital Reserves Capital Reserve includes appreciation arising on revaluation of immovable properties and amount subscribed by Government of India under the World Banks Scheme for Export Development Projects for small / medium scale industries. 4. Investments 4.1 In terms of RBI Guidelines, during the year, the bank has transferred a portion of Government Securities (SLR) kept in Available for Sale category to Held to Maturity category. The resultant depreciation of ` 75.80 Crores (previous year ` 3.25 Crores) has been charged to the Profit & Loss Account. 4.2 Profit on sale of investments held under Held to maturity category amounting to `.41.92 Crores has been taken to the Profit and Loss Account and thereafter an amount of ` 20.99 Crores has been appropriated to the Capital Reserve, net of taxes and transferred to Statutory Reserve under section 17 of the Banking Regulation Act, 1949. 5 Provision for Taxes 5.1 Provision for Taxes has been arrived at after due consideration of decisions of the appellate authorities and advice of counsels. 5.2 Tax paid in advance / tax deducted at source appearing under Other Assets amounting to `1958.16 Crores (previous year `1293.49 Crores) represents amounts adjusted by the department / paid by the Bank in respect of disputed tax demands for various assessment yea` No provision is considered necessary in respect of the said demands, as in the banks view, duly supported by counsels opinion and / or judicial pronouncements, additions / disallowances made by the Assessing Officer are not sustainable. 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 ` 335.39 Crores to the corresponding Special Reserve account and reported under Other Reserve. 6. Premises6.1 Execution of conveyance deeds is pending in respect of certain properties at ` 88.63 Crores (Previous year`.65.30 Crores) (Original Cost). 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 ` 1747.83 Crores) and net of depreciation the revaluation amounts to `1223.90 Crores (Previous Year ` 1321.25 Crores). 6.2 Premises include assets under construction / acquisition amounting to ` 43.77 Crores (Previous year ` 63.93 Crores). 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.
5. kejeW kes efueS HeeJeOeeve

5.1 kejeW nsleg HeeJeOeeve, DeHeerueere HeeefOekeeefjeeW kes efveCe&eeW kees Oeeve ceW jKeles ngS Je DeefOeJekelee kes HejeceMe& mes efkeee ieee nw.
5.2. Deve Deeefmleeeb Meer<e&ke kes Debleie&le oMee&eer Deefiece kej Deoeeieer / meesle Hej kej keer keewleer jeefMe ceW efJeJeeoemHeo kej ceebieeW kes mebyebOe ceW yeQke eje Yegieleeve keer ieF& /efJeYeeie eje meceeeesefpele jeefMe `1958.16 kejes[ (efHeues Je<e& `1293.49 kejes[) Meeefceue nw. Deeekej keer efJeJeeoemHeo ceebieeW kes efueS veeefeke efveCe&eeW Deewj / ee keevetveer HejeceMe& DeefOekeejer keer jee kees Oeeve ceW jKeles ngS Fme ceo kes efueS keesF& HeeJeOeeve veneR efkeee ieee nw. kej efveOee&jCe DeefOekeejer eje efkees iees heefjJele&ve / ceveener yeveees jKeves ueeeke veneR nw. 5.3 yeQke ves Deeekej DeefOeefveece 1961 keer Oeeje 36(1)(viii) kes Devleie&le Hee$e JeJemeee kes mebyebOe ceW, pees Gkele Oeeje ces efJeefveefo&< nw, keewleer nsleg oeJee efkeee nw. leovegmeej `335.39 kejes[ efJeMes<e Heejef#ele efveefOe Keeles ceW Devleefjle kej efoS nwb. leLee Fmes Deve eejef#ele efveefOe kes Debleie&le efjhees& efoee peelee nw 6. Heefjmej 6.1 yeQke keer kegue 88.63 kejes[ . (cetue ueeiele) - (efHeues Je<e& 65.30 kejes[ .) keer keg mebHeefeeeW kes mebyebOe ceW nmleeblejCe efJeuesKe kee efve<Heeove nesvee yeekeer nw. 6.2 yeQke keer keg mebHeefeeeW keer Hegvecet&ueebefkele jeefMe kee GuuesKe efkeee ieee nw. Je<e& kes Deble ceW Heefjmej Meer<e& kes Debleie&le kegue 1747.83 kejes[ . Hegvecet&ueebefkele jeefMe kees Meeefceue efkeee ieee nQ. Meg cetueeme kes mebyebOe ceW Hegvecet&ueebefkele jeefMe 1223.90 kejes[ . (efHeues Je<e& 1321.25 kejes[ .) nQ. 6.3 Heefjmej kes Debleie&le efvecee&CeeOeerve /keypes ceW ueer peevesJeeueer 43.77 kejes[ . (efHeues Je<e& 63.93 kejes[ .) keer mebHeefeeeb Meeefceue nQ. 7.
yee@ye efHemekeue meefJe&mespe efueefces[ (yee@ye SHe Sme Sue), HetJe& ceW HetCe& He mes yeQke Dee@He] ye[ewoe keer Deveg<ebieer eje 24.09.1990 kees kebHeveer kees mJewefke He mes meceeHle kejves kee efJeMes<e mebkeuHe Heeefjle efkeee ieee Deewj Gmekes efueS Ske HeefjmeceeHeke keer efveegefkele kej oer ieeer.
170

yee@ye SHe Sme Sue ves yeQke Dee@He ye[ewoe kes meeLe Ske mecePeewlee efkeee efpemekes lenle ] efoveebke 28.02.1991 mes yee@ye SHe Sme Sue keer mebHetCe& Deeefmleeeb SJeb oseleeSb Gmekes HetCe& JeJemeee kes meceeHeve kes HeuemJehe Ske ieesFbie kebmeve&/efyeeer kes He ceW yeQke Dee@]He ye[ewoe kees mLeeveebleefjle kej efoS ieS. ebtefke kebHeveer efJeeejeOeerve keevetveer ceeceues kes keejCe HetCe& He mes HeefjmeceeHle veneR keer pee mekeleer Leer Dele: efoveebke 30 ceee& 2007 kees yee@ye SHe Sme Sue keer Jeeef<e&ke meeceeve yew"ke ceW yee@ye SHe Sme Sue kees yeQke Dee@He] ye[ewoe ceW Meeefceue kejves kee efveCe&e efueee ieee. yeQke Dee@He ye[ewoe kes meeLe cewmeme& yee@ye efHemekeue meefJe&mesme efue. kes meceecesueve kees yeQke keer efoveebke 28.1.2009 kees Deeeesefpele yew"ke ceW Devegceesefole efkeee ieee Deewj Ge veeeeuee kes meccegKe yee@ye kes meeLe yee@ye SHeSmeSue meceecesueve nsleg DeeJeMeke eeefekee ope& kejves kes efueS yee@ye kees eeefOeke=le efkeee. Deve he#eere GlheeoeW keer ceekexefbie mes Deefpe&le Deee.
Sr. No 1 2 3 4 5
2010 -11
BOBFSL entered into an agreement with Bank of Baroda pursuant to which entire assets and liabilities of BOBFSL 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. Bank has approved the merger of M/s. BOB Fiscal Services Limited 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. 8. Income earned for marketing third party products ( ` kejes[ ceW / ` in Crores) Amount 23.42 11.50 1.82 0.82 2.48
8.
e. meb.
Deee kee mJehe peerJeve yeercee heeefueefmeeeW keer efyeeer nsleg iewj peerJeve yeercee heeefueefmeeeW keer efyeeer nsleg cetegDeue Heb[ GlheeoeW keer efyeeer nsleg FefkeJeer yeesefkebke Glheeo yeQke SMetjWMe JeJemeee
Nature of Income For selling life insurance policies For selling non life insurance policies For selling mutual fund projects Equity broking product Bancassurance business 9.
jeefMe
9.
heefjhekeJelee kes efueS Oeeefjle (SeerSce) esCeer kes Debleie&le efveJesMeeW keer efyeeer hej hekeerkejCe (YeeefjyeQ kee heefjhe$eebke [eryeerDees[er veb. yeerDeesyeermeer 34/21.04.141/2010-11 efo. 06.08.10) efveJesMeeW kee eejefcYeke Mes<e (heefjhekeJelee hej Oeeefjle)01.04.10 Je<e& kes oewjeve efyeeer/DevlejCe
Disclosure on Sale of Investment held under Held to Maturity (HTM) Category. (RBI cir.no.DBOD.no.BO.BC.34/21.04.141/2010-11 dated 06.08.10) ( ` kejes[ ceW / ` in Crores)
Opening Bal. of investment (HTM) 01.04.10 41827.96
Sale/ transfer during the year
Addition
pees[s ieS
efveJesMeeW kee Deefvlece Mes<e heefjhekeJelee hej Oeeefjle 31.03.11
Closing Bal. of Investment (HTM) 31.03.11 53553.37
efveJesMe esCeer kee yeepeej cetue heefjhekeJelee hej Oeeefjle 31.03.11
Market value of investment (HTM) category 31.03.11 52836.96
8733.46
20458.87
10. SmepeerSue heece& ueeweS peeves hej ueieeF& ieF& hevesuer kee ekeerkejCe (YeeefjyeQke heefjhe$eebke DeeF[erSce[er. [erDees[er. 15/11.01.01 (yeer) 2010-11 efoveebke 14 pegueeF& 2010) e. meb.
Sr.no. 1
10. Disclosure on imposition of penalty for bouncing of SGL forms. (RBI cir. No. IDMD.DOD.15/11.01.01(B)/2010-11 dated 14th July 2010)
SmepeerSue heece& ueeweves keer leejerKe

Date of bouncing SGL form
jeefMe Amount Metve Nil
efhheefCeeeb Remarks Metve Nil
Metve Nil
11. peneb DeeJeMeke mecePee ieee efheues Je<e& kes Deebke[s efjeghe/hegveJe&JeefmLele efkeS ieS
11. Previous year figures have been regrouped / rearranged wherever considered necessary.
171
2010 -11
31 ceee& 2011 kees meceehle Je<e& kes efueS vekeoer eJeen efJeJejCe
Statement of Cash Flow for the year ended 31st March, 2011
(` in 000's
31 ceee& 2011 kees meceeHle Je<e&
Year ended 31.03.2011
Devebefkele omitted) 31 ceee& 2010 kees meceeHle Je<e&

ke. Heefjeeueve keee&keueeHeebs mes vekeoer HeJeen : kej mes HetJe& Meg ueeYe efvecveef}efKele kes efueS meceeeespeve : Dee} DeeefmleeeW Hej cetueeme efveJesMeeW Hej cetue eme (HeefjHekeJe $e+CeHe$eeW meefnle) yes Keeles [e}s ieS DeMeesOe $e+Ce / iewj efve<Heeoke DeeefmleeeW kes ef}S HeeJeOeeve ceeveke DeeefmleeeW kes ef}S HeeJeOeeve Deve ceoeW kes ef}S HeeJeOeeve (efveJeue) Dee} DeeefmleeeW keer efyeeer mes }eYe/(neefve) (efveJeue) ieewCe $e+CeeW Hej yeepe nsleg Yegieleeve/HeeJeOeeve, (De}ie mes ef}ee ieee) Deveg<ebieer FkeeFeeW/Deve mes HeeHle }eYeebMe (De}ie mes ef}ee ieee) GHe-pees[ efvecveef}efKele kes ef}S meceeeespeve : efveJesMeeW ceW (Je=ef) /keceer DeefieceeW ceW (Je=ef) /keceer Deve DeeefmleeeW ceW (Je=ef) /keceer GOeej jeefMeeeW ceW Je=ef /(keceer) pecee jeefMeeeW ceW Je=ef / (keceer) Deve oseleeDeeW leLee HeeJeOeeveesb ceW Je=ef /(keceer) Heoe Hele#e kej (efjHeb[ keer efveJeue jeefMe) Heefjee}ve keee&keueeHeeW mes Meg vekeoer (ke)
A.
Cash flow from operating activities: Net Profit before taxes Adjustments for: Depreciation on fixed assets Depreciation on investments (including on Matured debentures) Bad debts written-off/Provision in respect of non-performing assets Provision for Standard Assets Provision for Other items (Net) Profit/(loss) on sale of fixed assets (Net) Payment/provision for interest on subordinated debt (treated separately) Dividend received from subsidiaries/ others (treated separately) Sub total Adjustments for: (Increase)/Decrease in investments (Increase)/Decrease in advances (increase)/Decrease in other assets Increase/(Decrease)in borrowings Increase/(Decrease) in deposits Increase/(Decrease) in other liabilities and provisions Direct taxes paid (Net of Refund) Net cash from operating activities (A) (9906,76,24) (54691,67,24) (1856,38,43) 6755,39,20 64177,55,67 689,60,16 (1431,43,54) 11778,81,32 (8290,01,68) (32739,33,64) 432,56,60 (823,20,12) 48647,31,25 (167,19,54) (1503,87,71) 11252,44,75 243,04,10 9,01,27 230,86,05 (380,73,81) 5650,32,10 4238,05,99
1050,59,74
955,45,89
223,85,32 47,82,47 17,43
106,62,62 15,85,41 (5,29)
846,16,11
559,31,58
(28,46,80)
(29,18,85)
8042,51,74
5696,19,59
172
2010 -11
Devebefkele omitted) 31 ceee& 2011 31 ceee& 2010 kees meceeHle Je<e& kees meceeHle Je<e&
(` in 000's Year ended 31.03.2011 Year ended 31.03.2010
Ke. efveJesMe mebyebOeer keee&keueeHeeWW mes vekeoer HeJeen Deeue DeeefmleeeW keer Kejero Deeue DeeefmleeeW keer efyeeer JeeHeej mebyebOeer efveJesMeeW ceW HeefjJele&ve (Deveg<ebieer SJeb Deve) Deveg<ebieer FkeeFeeW/DeveeW mes HeeHle }eYeebMe efveJesMe mebyebOeer keee&keueeHeeW mes Meg vekeoer (Ke)
B.
Cash flow from investing activities: Purchase of / Transfer in fixed assets Sale/Transfer out of fixed assets Changes in Trade related investments (Subsidiaries & others) Dividend received from subsidiaries/ others Net cash used in investing activities (B) Cash flow from financing activities: Share Capital Share premium Unsecured Subordinated Bonds Dividend paid including dividend tax Interest paid / payable on unsecured subordinated bonds Net cash from financing activities (C) Net increase in cash & cash equivalents (A)+(B)+(C) Cash and cash equivalents as at the beginning of the year Cash and cash equivalents as at the end of the year 27,27,96 2433,72,03 2202,37,78 (639,26,04) (846,16,11) 3177,95,62 14467,01,02 35467,05,76 49934,06,78 1405,37,98 (383,55,63) (559,31,58) 462,50,77 11379,94,06 24087,11,70 35467,05,76 (358,31,45) 20,59,31 (180,50,58) 28,46,80 (489,75,92) (338,71,14) 40,25,30 (65,74,47) 29,18,85 (335,01,46)
ie. efJeeHees<eCe mebyebOeer ieefleefJeefOeeeW mes vekeoer HeJeen : C. Mesej hetBpeer Mesej Heerefceece iewj peceeveleer ieewCe yeeb[ ueeYeebMe kej meefnle eoe ueeYeebMe iewj peceeveleer ieewCe yeeb[eW hej eoe / ose yeepe efJeeHees<eCe ieefleefJeefOeeeW mes Meg vekeoer (ie) vekeoer SJeb vekeoer mecelegue ceW Meg Je=ef (ke)+(Ke)+(ie) Je<e& kes eejbYe ceW vekeoer Je vekeoer mecelegue Je<e& kes Deble ceW vekeoer Je vekeoer mecelegue efhheCeer:
1.
Notes: Cash & Cash equivalents includes Cash on hand, Balance with RBI & Other banks and Money at call and Short Notice. Components of Cash & Cash Equivalents Cash & Balance with RBI Balances with Banks and Money at Call and Short Notice Total 3/31/2011 198681789 300658889 499340678 3/31/2010 135399691 219270885 354670576
1. vekeoer leLee vekeoer mecelegue ceW neLe ceW vekeoer, Yeejleere efj]peJe& yeQke SJeb Deve yeQke kes heeme yewuesvme Deewj ceebie SJeb Deuhe metevee hej Oeve meceeefJe nw.
2.
vekeoer leLee vekeoer mecelegue kes Ieke vekeoer SJeb Yeejleere efj]peJe& yeQke kes heeme yewueWme yeQkeeW kes heeme yewueWme Deewj ceebie SJeb Deuhe metevee hej Oeve kegue
2.
173
2010 -11
efJeeere efJeJejefCeeeW hej uesKee hejer#ekeeW keer efjhees&
Auditors Report on the Financial Statements

mesJee ceW, yeQke Dee@]He ye[ewoe kes MesejOeejke 1. nceves yeQke Dee@]He ye[ewoe keer 31 ceee& 2011 keer efJeeere efJeJejefCeeeb efpeveceW 31 ceee& 2011 kee legueve-he$e leLee Gmekes meeLe mebueive Ge efoveebke kees meceehle Je<e& kes ueeYe-neefve uesKes vekeo heJeen efJeJejCe Deewj GuuesKeveere uesKeebkeve veerefleeeW kee meejebMe Meeefceue nw, keer uesKee hejer#ee keer nw efpemeceW nceejs eje uesKee-hejeref#ele 20 MeeKeeSb, Deve uesKee-hejer#ekeeW eje uesKee-hejeref#ele 2843 MeeKeeSb Deewj mLeeveere uesKee-hejer#ekeeW eje uesKee- hejeref#ele 45 efJeosMeer MeeKeeDeeW keer efJeJejefCeeeb Meeefceue nQ. nceejs eje Deewj Deve uesKee-hejer#ekeeW eje uesKee-hejer#ee keer ieF& MeeKeeDeeW kee egveeJe yeQke ves Yeejleere efjpeJe& yeQke eje peejer efoMee-efveoxMeeW kes Devegmeej efkeee nw. legueve he$e leLee ueeYe-neefve Keeles ceW 501 MeeKeeDeeW keer efJeJejefCeeeb Yeer Meeefceue keer ieF& nQ, efpevekeer uesKeehejer#ee veneR keer ieeer nw. es De-uesKeehejeref#ele MeeKeeSb 0.39 heefleMele Deefiece, 2.46 heefleMele peceejeefMeeeb, 0.39 heefleMele yeepe-Deee Deewj 1.23 heefleMele yeepe-Jee mes mebyebefOele nw. efJeeere efJeJejefCeeeW kes efueS eyebOeve kee oeefelJe 2. Yeejle ceW mJeerkeee& : meeceeve uesKee hejer#ee ceeveoC[eW kes Deveghe Fve efJeeere efJeJejefCeeeW kees leweej kejves kes efueS eyebOeve efpeccesoej nw. Fme oeefelJe ceW efJeeere efJeJejefCeeeW kees leweej kejves nsleg Deebleefjke efveeb$eCe, keeee&vJeeve SJeb hejsKee meefcceefuele nw Deewj FveceW, peeuemeepeer ee Yetue keer Jepen mes keesF& GuuesKeveere ieueleer veneR nw. uesKee hejer#ekeeW kee oeefelJe 3. nceeje oeefelJe Deheveer uesKee hejer#ee hej DeeOeeefjle Fve efJeeere efJeJejefCeeeW hej Deheveer jee Jee kejvee nw. nceves Yeejleere meveoer uesKeekeej mebmLeeve eje peejer uesKee hejer#ee ceevekeeW kes Devegmeej uesKee hejer#ee keer nw. Fve ceevekeeW keer Dehes#ee nw efke nce veweflekelee kee efveJee&n kejles ngS uesKee hejer#ee keee& megefveeesefpele SJeb megJeJeefmLele he ceW Fme ekeej mecheVe kejW efke nceW en leeefke&ke DeeMJeemeve efceues efke es efJeeere efJeJejefCeeeb efkemeer Yeer ekeej keer GuuesKeveere / ecegKe ieueefleeeW mes cege nw. 4. uesKee hejer#ee ceW jeefMeeeW kes mee#eeW SJeb ekeerkejCe keer peebe nsleg efJeeere efJeJejefCeeeW ceW oer ieF& efve<heeove eefeee kes Deveghe keee&Jeener Meeefceue nw. eeefvele eefeee (efJeefOe) uesKee hejer#eke kes efJeJeske hej efveYe&j nw, FmeceW efJeeere efJeJejefCeeeW ceW GuuesKeveere ieueefleeeW kes peeseKece Yeues ner Jen peeuemeepeer ee Yetue keer Jepen mes f neW, kee cetueebkeve / Deekeueve kejvee Meeefceue nw. Fve peeseKeceeW kee cetueebkeve kejles f mecee uesKee hejer#eke Fve efJeeere efJeJejefCeeeW keer Gheege emlegele nsleg kebheveer kes f mecye Deebleefjke efveeb$eCeeW kee DeJeueeskeve kejlee nw leeefke heefjefmLeefle Devegmeej Gheege uesKee hejer#ee eefeee efveOee&ejle (lee) keer pee mekes. uesKee hejer#ee ceW f eyebOeve eje efkeS ieS cenlJehetCe& Devegceeve leLee eege uesKeebkeve veereleeeW keer f Gheegelee kee cetueebkeve Deewj efJeeere efJeJejefCeeeW keer mecee emlegele kee Deekeueve f meefcceefuele nw. 5. nceeje efJeMJeeme nw efke nceves pees uesKee hejer#ee mee#e eehle efkeee nQ, Jen nceejer uesKee hejer#ee jee emlegle kejves kes efueS Gheege SJeb heee&hle nQ. jee 6. Deheveer jee osves mes henues nce Devegmeteer 18 kes vees mebKee yeer 1.3.2 keer Deesj Oeeve Deekeef<e&le kejles nQ efpemeceW GuuesKe efkeee ieee nw efke Yeejleere efjpeJe& yeQke ] ves meeJe&peefveke #es$e kes yeQke kece&eeefjeeW kes efueS hegve: heWMeve efJekeuhe Meer<e&ke kes lenle peejer heefjhe$eebke [eryeerDees[er / yeerheer/yeermeer/80/21.04.018/2010-11 efoveebke 9 HejJejer 2011 kes Deveghe uesKeebkeve ceeveke 15 kes eeJeOeeveeW mes meeJe&peefveke #es$e kes yeQkeeW kees heWMeve oseleeSb kees DeeefmLeiele kejves keer t oer nw Deewj yeQke ves Fmekes Devle&iele `1463.92 kejes[ keer jeefMe DeemLeefiele keer nw.
To The Shareholders of Bank of Baroda 1. We have audited the accompanying financial statements of Bank of Baroda as at March 31, 2011, which comprise the Balance Sheet as at March 31, 2011, 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 2843 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 statement of Profit and Loss are the returns from 501 branches which have not been subjected to audit. These unaudited branches account for 0.39 per cent of advances, 2.46 per cent of deposits, 0.39 per cent of interest income and 1.23 per cent of interest expenses. Managements Responsibility for the Financial Statements 2. Management is responsible for the preparation of these financial statements in accordance with auditing 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. Auditors Responsibility 3. 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 auditors 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 Companys 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. Opinion 6. Without qualifying our opinion, we draw attention to Note No. B 1.3.2 of Schedule 18, which describes deferment of pension liability of the Bank to the extent of `1463.92 crores pursuant to the exemption granted by the Reserve Bank of India to the public sector banks from application of the provisions of AS 15, Employee Benefits vide its circular no. DBOD. BP.BC/80/21.04.018/ 201011 dated February 9, 2011, on Re-opening of Pension Option to Employees of Public Sector Banks.
174
uesKee hejer#ekeeW keer efjhees& / Auditors' Report

7. nceejer jee ceW, yeQke keer yeefneeW ceW oMee&S ieS Devegmeej leLee nceejer DeefOekelece peevekeejer Deewj nceW efoS ieS mheerkejCeeW kes Devegmeej : i vees kes meeLe Heef"le en legueve-He$e HetCe& Deewj mener nw, efpemeceW DeeJeMeke efJeJejCe efoS ieS nQ Deewj Fmes eLeesefele {bie mes yeveeee ieee nQ, efpememes efke, Yeejle ceW meeceevele: mJeerkeee& uesKeebkeve efmeebleeW kes meceHe vees kes meeLe Heef"le yeQke kes 31 ceee&, 2011 kes efeeekeueeHeeW kee mener SJeb eLeeeesie efe$e meeceves Dee mekes. ii ueeYe-neefve uesKee, oer ieF& efhheefCeeeW kes meeLe heef"le Yeejle ceW meeceevele: mJeerkeee& uesKeebkeve efmeebleeW kes meceHe leLee Keeles kes Je<e& kes efueS yeQke kes mener ueeYe Mes<e kees oMee&lee nw. iii vekeoer HeJeen-efJeJejCe Gme leejerKe kees meceehle Je<e& kes oewjeve vekeoer HeJeen kee mener SJeb mHe< efJeJejCe emlegle kejlee nw. Deve efJeefOeke SJeb efveeeceke Dehes#eeSb 8. legueve-He$e Deewj ueeYe-neefve uesKee, yeQkekeejer kebHeveer DeefOeefveece, 1949 keer le=leere Devegmeteer kes eceMe: Heece& S Deewj yeer ceW yeveeS ieS nQ. 9. Ghejese Devegso 1 mes 5 ceW JeefCe&le uesKee hejer#ee meerceeDeeW Deewj yeQkekeejer (kebheveer GheeceeW kee Depe&ve SJeb DeblejCe) 1970/1980 Deewj Fvekes Devleie&le ekeerkejCe keer meerceeDeeW kes DeOeOeerve, nce metefele kejles nQ efke : De) nceves DeHeves DeefOekelece %eeve SJeb efJeMJeeme kes Devegmeej uesKee-Hejer#ee nsleg DeeJeMeke meYeer peevekeejer leLee mHe<erkejCe HeeHle efkeS nQ leLee GvnW meblees<epeveke Heeee nw. ye) yeQke kes mebJeJenejeW keer pees peevekeejer nceejs meeceves Deeeer nw, Jes yeQke kes DeefOekeej #es$e kes Debleie&le ner nQ. me) yeQke kes keeee&ueeeW Deewj MeeKeeDeeW mes HeeHle efJeJejefCeeeb uesKee-Hejer#ee nsleg meeceevele: Heee&Hle Heeeer ieeeR, kesJeue keg ceeceueeW ceW, HeeHle efJeJejefCeeeW ceW Yejs ieS efJeJejCe DeHetCe& /DeHeee&Hle Les. Ssmes ceeceueeW ceW HeyebOe leb$e eje oer ieF& meteveeDeeW Deewj mHe<erkejCe Hej nceves Yejesmee efkeee nw. 10. nceejer jee ceW legueve he$e, ueeYe/neefve uesKee Deewj vekeoer eJeen efJeJejCeer ceeve uesKee ceevekeeW kes Deveghe nw.
2010 -11
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, 2011 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 Requirements 8. The Balance Sheet and the Profit and Loss Account have been drawn up in Forms A and B 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; a. 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; b. The transactions of the Bank, which have come to our notice have been within the powers of the Bank; c. 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.
ke=les DeefMJeveer SC[ SmeesefmeSdme meveoer uesKeekeej (Deeefole kegceej)

For Ashwani & Associates Chartered Accountants FRN: 000497H (Aditya Kumar) Partner M. No. 506955
ke=les Sme. kes. kehetj SC[ keb. meveoer uesKeekeej (mebpeerJe kehetj)
ke=les Sve. meer. yevepeea SC[ keb. meveoer uesKeekeej (heer. kes. mejkeej)
For N. C. Banerjee & Co. Chartered Accountants FRN: 302081E (P. K. Sarkar) Partner M. No. 660543
ke=les nefjYeefe SC[ keb. meveoer uesKeekeej (jekesMe je"er)

ke=les efKecepeer kegbJejpeer SC[ keb. meveoer uesKeekeej (ieewlece Meen)

ke=les yeeee SC[ keb. meveoer uesKeekeej (kes. efpeleW kegceej)

175
2010 -11
31 ceee& 2011 kee mecesefkele legueve-he$e
Consolidated Balance Sheet as on 31st March 2011 (000 Devebefkele

SCHEDULE omitted)
Devegmeteer
As on As on 31st Mar, 2011 31st Mar, 2010 ` `
31 ceee& 2011 kees 31 ceee& 2010 kees
Hetbpeer Deewj oseleeSb

Hetbpeer Heejef#ele efveefOeeeb Deewj DeefOeMes<e ceeeveesefjer Fvjsm peceejeefMeeeb GOeej ueer ieF& jeefMeeeb Deve oseleeSb SJeb HeeJeOeeve pees[
CAPITAL & LIABILITIES

Capital Reserves & Surplus Minority Interest Deposits Borrowings Other Liabilities & Provisions TOTAL 1 2 2A 3 4 5 392,80,73 21379,55,21 72,90,64 311603,24,89 22378,32,96 10386,92,14 366213,76,57 365,52,77 15349,06,23 59,42,00 245951,14,55 13404,27,07 9147,33,89 284276,76,51
Deeefmleeeb
Yeejleere efj]peJe& yeQke kes Heeme vekeoer Deewj Mes<e jkece yeQkeesb kes Heeme Mes<e jkece leLee ceebie SJeb DeuHe metevee Hej Heefleose jeefMe efveJesMe $e+Ce SJeb Deefece Deeue Deeefmleeeb Deve Deeefmleeeb pees[ Deekeefmceke oseleeSb Jemet}er kes efueS efyeue cenlJehetCe& uesKee-veerefleeebb uesKeeW Hej efHHeefCeeeb
ASSETS
Cash and balances with Reserve Bank of India Balances with Banks and Money at Call and Short Notice Investments Loans & Advances Fixed Assets Other Assets TOTAL Contingent Liabilities Bills for Collection Significant Accounting Policies Notes on Accounts 18 19 12 6 7 8 9 10 11 20394,41,61 31029,31,11 74018,45,75 232085,11,12 2383,19,95 6303,27,03 366213,76,57 127562,35,80 18986,68,46 14076,06,77 22493,41,15 63163,27,03 177711,89,75 2369,38,69 4462,73,12 284276,76,51 88221,17,28 18267,18,04
THej oMee&eer ieeer Devegmetefeeeb legueve-He$e kee Ske DeefYevve Yeeie nQ.
eer Sce.[er.ceuee efveosMeke eer Deeueeske efveiece eer Deej. ieebOeer eer Jeer. yeer. eJneCe eer Depee ceeLegj [e@. cemej&le Meeefno eer. mele osJe ef$ehee"er [e@. Oecexv Yeb[ejer [e@. oerheke yeer. Heeke eer ceewefueve S. Jew<CeJe
The Schedules referred to above form an integral part of the Balance Sheet.
uesKee Hejer#eke mece leejerKe keer nceejer mebueive he=Leke efjhees& kes Devegmeej ke=les DeefMJeveer SC[ SmeesefmeSdme ke=les Sme. kes. kehetj SC[ keb. ke=les Sve. meer. ye@vepeea SC[ keb. meveoer uesKeekeej meveoer uesKeekeej meveoer uesKeekeej SheDeejSve : 000497 Sve SheDeejSve : 000745 meer SheDeejSve : 302081 F (mebpeerJe veejeeCe) (mebpeerJe kehetj) (yeer. kes. efyeMJeeme) Yeeieeroej Yeeieeroej Yeeieeroej Sce.veb. 084205 Sce.veb. 70487 Sce.veb. 055623 ke=les nefjYeefe SC[ keb. ke=les efKecepeer kegbJejpeer SC[ keb. ke=les yeeee SC[ keb. meveoer uesKeekeej meveoer uesKeekeej meveoer uesKeekeej SheDeejSve : 103523 [yuet SheDeejSve : 105146 [yuet SheDeejSve : 000511 Sme (jekesMe je"er) (ieewlece Meen) (kes. efpelesv kegceej) Yeeieeroej Yeeieeroej Yeeieeroej Sce.veb. 045228 Sce.veb. 117348 Sce.veb. 201825
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eer Deej. kes. ye#eer

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eer yeer. oeeue
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mLeeve : cegbyeF&, efoveebke : 27.05.2011
176
2010 -11
31 ceee& 2011 kees meceehle Je<e& kee mecesefkele ueeYe Je neefve uesKee
Consolidated Profit & Loss Account for the year ended 31st March 2011 (000 Devebefkele
SCHEDULE omitted)
Devegmeteer
Year ended Year ended 31st Mar 2011 31st Mar 2010 ` ` I.
31 ceee& 2011 kees meceehle Je<e& kes efueS
31 ceee& 2010 kees meceehle Je<e& kes efueS
Consolidated Profit before Minority Interest and share of earning in Associates Share of earnings in Associates Consolidated Net Profit for the year before deducting Minority interest Less : Minority Interest Consolidated Profit for the year attributable to the group Deeies ueeF& ieF& ueeYe SJeb neefve Keeles ceW Balance in Profit and Loss A/c brought forward Mes<e jeefMe efJeefveeesie nsleg GheueyOe jeefMe Amount available for appropriation III. efJeefveeesie III. APPROPRIATIONS meebefJeefOeke eejef#ele efveefOe ceW DevlejCe Transfer to Statutory Reserve hetpeer eejef#ele efveefOeeeW ceW DevlejCe b Transfer to Capital Reserves Oeeje 36(1) (viii) kes lenle efJeMes<e Deejef#ele efveefOe ceW DeblejCe Transfer to Special Reserve u/s 36 (1)(viii) jepemJe SJeb Deve eejef#ele efveefOeeeW ceW DeblejCe Transfer to Revenue & Other Reserves emleeefJele ueeYeebMe (ueeYeebMe kej meefnle) Proposed Dividend (Including Dividend Tax) mecesefkele yesueWmeMeer ceW Deeies ues peeee Balance carried over to consolidated Balance Sheet ieee Mes<e pees[ TOTAL
Deee Deefpe&le yeepe Deve Deee pees[ II. Jee yeepe Jee heefjeeueve Jee eeJeOeeve Deewj Deekeefmceke Jee pees[ ceeFveesefjer yeepe mes hetJe& mecesefkele ueeYe Deewj meneesieer FkeeFeeW ceW Deee kee DebMe meneesieer FkeeFeeW ceW Deee kee DebMe ceeFveesefjer yeepe keeves mes HetJe& Je<e& kes efueS mecesefkele Meg ueeYe IeeSb : ceeFveesefjer yeepe Je<e& kes efueS mecetn kee mecesefkele ueeYe
I. INCOME
Interest Earned Other Income TOTAL II. EXPENDITURE Interest Expended Operating Expenses Provisions and Contingencies TOTAL 13 14 22513,30,54 3287,10,02 25800,40,56 13349,59,66 4850,58,58 3181,02,18 21381,20,42 4419,20,14 17 34,71,81 4453,91,95 20,21,24 4433,70,71 82,20,34 4515,91,05 1072,74,87 20,99,56 340,39,87 2189,75,35 753,35,20 138,66,20 4515,91,05 121.64 18 19 17234,81,86 2965,29,65 20200,11,51 11023,33,76 3981,60,83 2045,37,64 17050,32,23 3149,79,28 42,64,52 3192,43,80 13,13,88 3179,29,92 70,57,36 3249,87,28 777,70,58 126,58,95 270,00,00 1345,23,81 648,13,60 82,20,34 3249,87,28 87.28
15 16
The Schedules referred to above form an integral part of the Profit & Loss Account.
Shri M. D. Mallya Shri R. K. Bakshi
Executive Director Executive Director Chairman & Managing Director
HeeleMesej Deee (yesemeke Je [eeuet[) f f s Earnings per Share (Basic & Diluted) cenlJehetCe& uesKee-veerefleeebb Significant Accounting Policies uesKeeW Hej efHHeefCeeeb Notes on Accounts THej oMee&F& ieF& Devetmetefeeeb ueeYe SJeb neefve uesKes kee ner Ske Yeeie nQ
DIRECTORS Shri Alok Nigam Shri R. Gandhi Shri V. B. Chavan Shri Ajay Mathur Dr. Masarrat Shahid Shri Satya Dev Tripathi Dr. Dharmendra Bhandari Shri Deepak B. Phatak Shri Maulin A. Vaishnav
AUDITORS As per our separate report of even date attached

For Ashwani & Associates Chartered Accountants FRN:000497N (Sanjeev Narayan) Partner M.No.084205 For Haribhakti & Co. Chartered Accountants FRN:103523W (Rakesh Rathi) Partner M.No.045228 For S. K. Kapoor & Co. Chartered Accountants FRN:000745C (Sanjiv Kapoor) Partner M.No.70487 For Khimji Kunverji & Co. Chartered Accountants FRN:105146W (Gautam Shah) Partner M.No.117348 For N. C. Banerjee & Co. Chartered Accountants FRN:302081E (B. K. Biswas) Partner M.No.055623 For Brahmayya & Co. Chartered Accountants FRN:000511S (K. Jitendra Kumar) Partner M.No.201825
Shri N. S. Srinath Shri V. K. Gupta

General Manager Corporate A/cs, Taxation & Compliance Officer - RBI
Shri B. Dayal
Assistant General Manager Corporate A/cs & Taxation Place : Mumbai Date : 27.05.2011
177
2010 -11
mecesefkele legueve-he$e keer Devegmetefeeeb
Schedules to Consolidated Balance Sheet (000 Devebefkele

As on 31st March 2011 ` ` omitted)
31 ceee&, 2011 kees
As on 31st March 2010 ` `
31 ceee&, 2010 kees
Devegmeteer - 1 Hetbpeer HeeefOeke=le Hetbpeer (eleske `10/- kes 300,00,00,000 FefkeJeer Mesej) (efheues Je<e& eleske `10/- kes 300,00,00,000/- Mesej) peejer keer ieeer leLee DeefYeoe Hetbpeer eleske `10/- kes 39,42,79,579 FefkeJeer Mesej (efheues Je<e& eleske `10 kes 36,70,00,000 FefkeJeer Mesej) ceebieer ieF& Hetbpeer eleske `10/- kes 39,15,46,079 (efHeues Je<e& 36,42,66,500) FefkeJeer Mesej) efpemeceW eleske `10/- kes 22,32,79,579 Mesej (efHeues Je<e& 1960,00,000) Meeefceue nw, efpemekeer kegue jeefMe `223.28 kejes[ kesv mejkeej eje Oeeefjle nw. pees[W : peyle Mesej pees[W Devegmeteer - 2 Heeefj#ele efveefOeeeb Deewj DeefOeMes<e i meebefJeefOeke Heejef#ele efveefOeeeb DeejbefYeke Mes<e pees[W : ueeYe SJeb neefve Keeles mes Debleefjle pees[W/(IeeSb) : Je<e& kes oewjeve meceeeespeve ii ke) Hetbpeeriele Heejef#ele efveefOeeeb DeejbefYeke Mes<e pees[W : ueeYe SJeb neefve Keeles mes Debleefjle pees[W/(IeeSb) : Je<e& kes oewjeve meceeeespeve Ke) meceskeve hej Hetbpeeriele Heejef#ele efveefOeeeb DeejbefYeke Mes<e pees[W : Je<e& kes oewjeve HeefjJeOe&ve / meceeeespeve iii Mesej Heerefceece DeejbefYeke Mes<e pees[W/(IeeSb) : Je<e& kes oewjeve HeefjJeOe&ve / meceeeespeve
SCHEDULE - 1 CAPITAL
AUTHORISED CAPITAL (300,00,00,000 Shares of `10/- each) (Previous year 300,00,00,000/shares of ` 10/- each) ISSUED & SUBSCRIBED CAPITAL (39,42,79,579 Equity Shares of `10/- each (Previous year 36,70,00,000/- Equity Shares of `10/- each) CALLED UP CAPITAL 39,15,46,079 (previous year 36,42,66,500) Equity shares of `10/- each including 22,32,79,579 shares (previous year 1960,00,000 shares) of `10/each amounting to ` 223.28 crores held by Central Government. Add: Forfeited Shares TOTAL
3000,00,00
3000,00,00
394,27,96
367,00,00
391,54,61 1,26,12 392,80,73 392,80,73
364,26,65 1,26,12 365,52,77 365,52,77
SCHEDULE - 2
RESERVES & SURPLUS i Statutory Reserves Opening Balance Add: Transfer from P&L Accounts Add/(Less): Adjustments during the year ii a) Capital Reserves Opening Balance Add/(Less): Transfer from P&L Accounts Add/(Less): Adjustments during the year b) Capital Reserve on Consolidation Opening Balance Add: Adjustments during the year iii Share Premium Opening Balance Add/(Less): Adjustments during the year 2331,08,56 2433,72,03 4764,80,59 2273,88,56 57,20,00 2331,08,56 44,81,60 10,40,09 55,21,69 37,38,23 7,43,37 44,81,60 2106,90,80 20,99,56 (40,30,86) 2087,59,50 2092,99,56 126,58,95 112,67,71 2106,90,80 3609,50,54 1072,74,87 (1,72,65) 4680,52,76 2831,52,56 777,70,58 (2,740) 3609,50,54
178
2010 -11
(000 Devebefkele
omitted)
31 ceee&, 2011 kees
31 ceee&, 2010 kees
iv jepemJe SJeb Deve Heejef#ele efveefOeeeb
iv Revenue & Other Reserves a. Special Reserves u/s 36 (1) (viii) Opening Balance Add/(Less): Adjustments during the year b. Translation Reserves c. Revenue Reserves Opening Balance Add: Transfer from P&L Accounts Add/(Less): Adjustments during the year v Balance in Profit & Loss Account Total Reserves & Surplus (I to v) 6501,35,62 2189,75,35 (26,72,95) 8664,38,02 138,66,20 21379,55,21 5188,62,68 1345,23,81 32,50,87 6501,35,62 82,20,34 15349,06,23 690,00,00 340,39,87 1030,39,87 (42,03,42) 420,00,00 270,00,00 690,00,00 (16,81,23)
ke. Oeeje 36 (1) (viii) kes lenle efJeMes<e eejef#ele efveefOeeeb
eejbefYeke Mes<e
pees[W/(IeeSb) : Je<e& kes oewjeve efkeS ieS meceeeespeve
Ke. heeblejCe eejef#ele efveefOeeeb ie. jepemJe Heejef#ele efveefOeeeb eejbefYeke Mes<e pees[s : ueeYe Deewj neefve Keeles mes DeblejCe pees[W/(IeeSb): Je<e& kes oewjeve efkeS ieS meceeeespeve
v ueeYe/neefve Keeles ceW Mes<e
kegue Heejef#ele efveefOeeeb Deewj DeefOeMes<e (i mes v)
Devegmeteer - 2 S- ceeFveesefjer yeepe

HeejbefYeke Mes<e pees[W / (IeeSb): Je<e& kes oewjeve efkeS ieS meceeeespeve kegue ceeFveesefjer yeepe
SCHEDULE - 2A- Minority Interest

Opening Balance Add/(Less): Adjustments during the year Total Minorities Interest 59,42,00 13,48,64 72,90,64 72,90,64 46,42,54 12,99,46 59,42,00 59,42,00
Devegmeteer - 3 pecee jeefMeeeb

ke. I ceebie pecee jeefMeeeb
i) yewkeeW mes ii) DeveeW mes II yeele yeQke pecee jeefMeeeb III ceereeoer pecee jeefMeeeb
SCHEDULE - 3 DEPOSITS
A. I Demand Deposits i) From Banks ii) From Others II Savings Bank Deposits III Term Deposits i) From Banks ii) From Others TOTAL (I,II and III) B. I Deposits of branches in India II Deposits of branches outside India TOTAL (I & II) 235899,75,53 75703,49,36 311603,24,89 41191,23,59 32764,61,49 804,90,86 22892,11,07 23697,01,93 66096,09,52 1034,65,68 18330,70,59 19365,36,27 53972,01,17
i) yeQkeeW mes ii) DeveeW mes
180618,89,85 221810,13,44 139849,15,62 172613,77,11 311603,24,89 187294,39,52 58656,75,03 245951,14,55 245951,14,55
pees[ (I, II SJeb III)
Ke. I Yeejle ceW MeeKeeDeeW keer peceejeefMeeeb

II Yeejle mes yeenj MeeKeeDeeW keer
pecee jeefMeeeb
pees[ (I SJeb II)
179
2010 -11
(000 Devebefkele
omitted)
31 ceee&, 2011 kees
31 ceee&, 2010 kees
I Yeejle ceW GOeej jeefMeeeb i) Yeejleere efjpeJe& yeQke ii) Deve yeQke iii) Deve mebmLeeve Deewj SpeWefmeeeb iii) DeeF&heer[erDeeF& v) ieewCe $e+Ce II Yeejle mes yeenj GOeej jeefMeeeb (FmeceW 1337.88 kejes[ . (efheues Je<e& `1347.00 kejes[) kes SceerSve yeeC[ Meeefceue nQ ) pees[ (I SJeb II) THej I SJeb II ceW Meeefceue peceeveleer
Devegmeteer - 4 GOeej jeefMeeeb
SCHEDULE - 4 BORROWINGS I Borrowings in India i) Reserve Bank of India ii) Other Banks iii) Other Institutions and Agencies iv) IPDI v) Subordinate debt II Borrowings outside India
(includes MTN Bonds of `1337.88 crs (previous year `1347.00 crs))
350,00,00 135,58,87 432,30,75 1911,70,00 7490,00,00 10319,59,62 12058,73,34 22378,32,96 71,56,24
108,62,43 348,99,23 1200,20,00 5990,00,00 7647,81,66 5756,45,41 13404,27,07 140,97,47
GOeej jeefMeeeb Devegmeteer - 5
TOTAL (I & II) Secured Borrowings included in I & II above
Deve oseleeSb SJeb HeeJeOeeve I ose efyeue II Gheefele yeepe III Devlej keeee&uee meceeeespeve (Meg) IV DeemLeefiele kej oselee V Deve (eeJeOeeveeW meefnle) pees[ (I SJeb V) Devegmeteer - 6 vekeoer leLee Yeejleere efjpeJe& yeQke kes Heeme Mes<e I Cash in hand (including I neLe ceW vekeoer (efJeosMeer cege veeseW foreign currency notes) meefnle) II Balances with Reserve Bank II Yeejleere efjpeJe& yeQke kes Heeme Mes<e
i) eeuet Keeles ceW ii) Deve KeeleeW ceW of India : i) in Current Account ii) in Other Accounts
SCHEDULE - 5 OTHER LIABILITIES AND PROVISIONS I Bills Payable II Interest Accrued III Inter office Adjustments (Net) IV Deferred Tax Liabilities V Others (including provisions) Total (I to V) SCHEDULE - 6 CASH AND BALANCES WITH RESERVE BANK OF INDIA
1684,10,55 2144,85,88 102,19,24 6455,76,47 10386,92,14
1494,03,22 1753,76,54 53,60,59 97,63,35 5748,30,19 9147,33,89
1411,28,67
1220,27,94
18870,42,81 12554,82,81 112,70,13 18983,12,94 300,96,02 12855,78,83 14076,06,77
pees[ (I SJeb II) Devegmeteer - 7 yeQke kes heeme Mes<e Deewj ceebie SJeb DeuHe metevee Hej Heefleose jeefMe I Yeejle ceW i) yewkeeW kes Heeme Mes<e jkece (ke) eeuet KeeleeW ceW (Ke) Deve pecee KeeleeW ceW ii) ceebie Hej SJeb DeuHe metevee Hej Heefleose (ke) yewkeeW kes Heeme (Ke) Deve mebmLeeveeW kes Heeme pees[ (i SJeb ii) II Yeejle mes yeenj i) eeuet KeeleeW ceW ii) Deve pecee-jeefMe KeeleeW ceW iii) ceebie SJeb DeuHe metevee Hej Heefleose jeefMe pees[ (i,ii SJeb iii) kegue pees[ (I SJeb II)
Total (I & II) 20394,41,61 SCHEDULE - 7 BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE I In India i) Balances with Banks a) in Current Accounts 325,09,18 b) in Other Deposit Accounts 2178,74,98 2503,84,16 ii) Money at call and short notice a) with Banks b) with Other Institutions Total (i and ii) 2503,84,16 II Outside India i) in Current Accounts 4971,43,05 ii) in Other Deposit Accounts 11309,85,74 iii) Money at Call and Short Notice 12244,18,16 Total (i, ii and iii) 28525,46,95 Grand Total (I and II) 31029,31,11
364,21,36 851,72,81 1215,94,17 240,00,00 -
240,00,00 1455,94,17
1564,05,90 9728,48,97 9744,92,11 21037,46,98 22493,41,15
180
2010 -11
(000 Devebefkele
omitted)
31 ceee&, 2011 kees
31 ceee&, 2010 kees
SCHEDULE - 8 Devegmeteer - 8 INVESTMENTS efveJesMe I Investments in India in I Yeejle ceW efvecve ceW efveJesMe i) Govt Securities i) mejkeejer HeefleYetefleeeb ii) Other Approved Securities ii) Deve Devegceesefole HeefleYetefleeeb iii) Shares iii) Mesej iv) Debentures and Bonds iv) ef[yeWej SJeb yeeb[ v) Investment in Associates v) meneesieer FkeeFeeW ceW efveJesMe [includes Banks share of (FmeceW #es$eere ieeceerCe yeQkeeW keer contribution as advance Mesej Hetbpeer kes He ceW yeQke kee Deefiece of `94.62 crores (Previous DebMeoeve `94.62 kejes[. (efHeues Je<e& Year `101.27 crores) `101.27 kejes[) Meeefceue nw pees towards Share Capital of Deeyebve nsleg ueefcyele nQ. vi) Deve
RRBs pending allotment] vi) Others
59956,33,31 629,66,51 1532,77,66 2576,93,08
50068,23,33 866,33,95 1279,30,39 2448,82,13
279,65,93 3667,93,24 68643,29,73
247,91,32 3283,56,35 58194,17,47
pees[ (i mes vi) II Yeejle mes yeenj efveJesMe i) mejkeejer He e f l eYet e f l eeeb (mLeeveer e HeeefOekejCeeW meefnle) ii) meneesieer FkeeFeeW ceW efveJesMe iii) Deve pees[ (i mes iii) kegue pees[ (I SJeb II) III Yeejle ceW efveJesMe efveJesMeeW kee mekeue cetue IeeSb: cetueeme nsleg HeeJeOeeveeW kee pees[ Meg efveJesMe IV Yeejle mes yeenj efveJesMe efveJesMeeW kee mekeue cetue IeeSb: cetueeme nsleg HeeJeOeeveeW kee pees[ Meg efveJesMe
Total (i to vi) II Investments Outside India in i) Govt Securities (incl. Local authorities) ii) Investment in Associates iii) Others Total (i to iii) Grand Total (I & II) III Investments in India Gross value of Investments Less: Aggregate of Provisions for Depreciation Net Investments IV Investments outside India Gross value of Investments Less: Aggregate of Provisions for Depreciation Net Investments 5518,37,19 143,21,17 68984,72,53 341,42,80 68643,29,73 3039,45,12 37,61,68 2298,09,22
2611,91,70 34,82,51 2322,35,35 5375,16,02 74018,45,75 58545,59,46 351,41,99 58194,17,47 5146,83,18 177,73,62 4969,09,56 63163,27,03 4969,09,56 63163,27,03
5375,16,02 74018,45,75
181
2010 -11
(000 Devebefkele
omitted)
31 ceee&, 2011 kees
31 ceee&, 2010 kees
Devegmeteer - 9 Deefiece ke. i) Kejeros Deewj YegveeS ieS efyeue

ii) vekeoer $e+Ce, DeesJej [êHe Deewj ceebie
SCHEDULE - 9 ADVANCES
A. i) Bills Purchased and Discounted ii) Cash Credits, Overdrafts and Loans Repayable on Demand iii) Term Loans 29699,84,56 19287,74,91
Hej egkeewleer eesie $e+Ce
99592,12,58 102793,13,98 232085,11,12
81096,04,69 77328,10,15 177711,89,75
iii) ceereeoer $e+Ce
Total (i to iii) pees[ (i mes iii) Ke. i) cetle& DeeefmleeeW eje mebjef#ele (yener B. i) Secured by Tangible Assets(Includes advances $e+Ce keer SJepe ceW DeefieceeW meefnle) against book debts) ii) yewkeeW/mejkeejer ieejbefeeW eje jef#ele iii) iewj-peceeveleer ii) Covered by Bank/ Government Guarantees iii) Unsecured Total (i to iii) C. I Advances in India i Priority Sector
148950,49,26 33917,86,55 49216,75,31 232085,11,12 55715,64,27 22996,88,61 561,97,67
111760,05,22 23106,12,66 42845,71,87 177711,89,75
pees[ (i mes iii) ie. I Yeejle ceW Deefiece i HeeLeefcekelee HeeHle #es$e ii meeJe&peefveke #es$e iii yeQke iv Deve II Yeejle mes yeenj Deefiece i yeQkeeW mes HeeHe ii DeveeW mes HeeHe ke. Kejeros ieS Deewj YegveeS ieS efyeue Ke. mecetn $e+Ce ie. Deve pees[ (ie I + ie II)
46792,30,72 18543,24,20 12,05,70
ii Public Sector iii Banks iv Others II Advances Outside India i Due from Banks a) Bills purchased & Discounted b) Syndicated Loans c) Others Total (C.I +C.II)
91754,54,20 171029,04,75 67654,51,77 133002,12,39 52,85,86 150,98,34
ii Due from Others 25859,61,44 9532,22,74 16433,91,79 7727,83,20
25611,36,33 61056,06,37 20397,04,03 44709,77,36 232085,11,12 177711,89,75
182
2010 -11
(000 Devebefkele
omitted)
31 ceee&, 2011 kees
31 ceee&, 2010 kees
Devegmeteer-10 Deeue Deeefmleeeb

I Heefjmej
SCHEDULE - 10 FIXED ASSETS

I Premises At cost as on 31st March of the preceding year Additions/Adjustments during the year 2486,69,96 45,56,20 2532,26,16 2459,25,46 28,47,29 2487,72,75 1,02,79 2486,69,96 617,65,41 1869,04,55
efJeiele Je<e& kes 31 ceee& keer ueeiele Hej Je<e& kes oewjeve HeefjJeOe&ve / meceeeespeve
IeeSb : Je<e& kes oewjeve keewefleeeb
Less : Deductions during the year
2,14,43 2530,11,73
Deeleve leejerKe kees cetueeme

II Deve Deeue Deeefmleeeb
Depreciation to date II Other Fixed Assets (including Furniture & Fixtures) : At cost as on 31st March of the preceding year Additions/Adjustments during the year
722,78,38 1807,33,35
(Heveeaej SJeb efHekemeej meefnle) efJeiele Je<e& kes 31 ceee& keer ueeiele hej Je<e& kes oewjeve HeefjJeOe&ve / meceeeespeve
1907,87,23 327,62,69 2235,49,92
1611,65,90 338,15,41 1949,81,31 41,94,08 1907,87,23 571,07,47 1411,26,20 496,61,03
Je<e& kes oewjeve keewefleeeb Deeleve leejerKe leke cetueeme

II ke. hes Hej oer ieF& Deeefmleeeb
Deductions during the year
68,38,72 2167,11,20
Depreciation to date II A Leased Assets At cost Additions/Adjustments during the year
1596,03,73
ueeiele Hej Je<e& kes oewjeve heefjJeOe&ve / meceeeespeve
17,73,91 2,87,72 20,61,63
13,95,89 3,78,02 17,73,91 17,73,91 4,79,13 2383,19,95 14,00,80 3,73,11 2369,38,69
Je<e& kes oewjeve keew ef leeeb eeJeOeeveeW meefnle.
Deductions during the year incl. Provisions
1,27,46 19,34,17
legueve-he$e keer leejerKe leke cetueeme pees[ (I, I ke, II SJeb II ke)
Depreciation to date Total (I, II and IIA)
14,55,04
183
2010 -11
(000 Devebefkele
omitted)
31 ceee&, 2011 kees
31 ceee&, 2010 kees
Devegmeteer - 11 Deve Deeefmleeeb

I Deblej keeee&uee meceeeespeve (Meg) I GHeefele yeepe
SCHEDULE - 11 OTHER ASSETS

I Inter-Office Adjustments (Net) I Interest Accrued 233,13,53 2471,06,84 1692,32,63
II Deefiece kej Yegieleeve/eesle Hej kej keewleer II Tax paid in advance/tax deducted at source (net of (eeJeOeeveeW kee efveJeue) Provisions) III msMevejer SJeb mwche III Stationery and Stamps IV Deferred Tax assets V Others Total (I to V)
1330,79,71 7,45,91 6,24,49 2254,56,55 6303,27,03
1318,96,94 7,58,41 4,18,93 1439,66,21 4462,73,12
IV DeemLeefiele kej Deeefmleeeb

V Deve
pees[ (I mes V)
Devegmeteer - 12 Deekeefmceke oseleeSb

I oeJes efpevnW $e+Ce vener ceevee ieee II DeebefMeke egkelee efveJesMeeW kes efueS oselee
SCHEDULE - 12 CONTINGENT LIABILITIES

I Claims not acknowledged as debts II Liability for partly paid Investments 238,22,64 28,00 258,22,57 75,04,43
III yekeeee Jeeeoe efJeefvecee mebefJeoeDeeW kes III Liability on account of outstanding forward exchange keejCe oselee contracts IV mebIekeeW keer Deesj mes oer ieF& ieejbefeeb IV Guarantees given on behalf of constituents : a) In India b) Outside India V Acceptances, Endorsements and Other Obligations VI Other items of contingent liability Total ( I to VI) 11798,07,99
78454,09,29
56110,35,49
ke) Yeejle ceW Ke) Yeejle mes yeenj

V mJeerke=efleeeb, Hejebkeve Deewj Deve oeefelJe VI Deekeefmceke oselee keer Deve ceoW
8767,73,80 4953,62,66 13721,36,46 9804,60,16 8251,58,17 88221,17,28
7904,98,74 19703,06,73 15017,44,01 14149,25,13 127562,35,80
pees[ (I mes VI)
184
2010 -11
mecesefkele ueeYe Je neefve uesKes keer Devegmetefeeeb
Schedules to Consolidated Profit & Loss Account (000 Devebefkele

As on 31st March 2011 ` ` omitted)
31 ceee&, 2011 kees meceehle Je<e&
Devegmeteer - 13 Deefpe&le yeepe SJeb ueeYeebMe

I DeefieceeW/efyeueeW Hej yeepe/yee II efveJesMe Hej Deee III Yeejleere efjpeJe& yeQke Mes<e Deewj Deve
SCHEDULE - 13 INTEREST AND DIVIDENDS EARNED

I Interest/Discount on Advances/ Bills II Income on Investments III Interest on Balances with Reserve Bank of India and other Inter-Bank Funds IV Others TOTAL Total ( I to IV) 16570,46,06 5006,87,91 12838,11,24 3841,18,52
Devlej yeQke efveefOeeeW kes Mes<e hej yeepe
499,84,13 436,12,44 22513,30,54
474,73,57 80,78,53 17234,81,86
IV Deve
pees[ (I mes IV)
Devegmeteer - 14 Deve Deee

I keceerMeve, efJeefvecee SJeb oueeueer II Yetefce, YeJeve Deewj Deve DeeefmleeeW keer
SCHEDULE - 14 OTHER INCOME

I Commission, Exchange and Brokerage II Profit / (Loss) on sale of Land, Buildings and Other Assets (Net) III Profit on Exchange Transactions (Net) IV Profit on sale of Investments (Net) 1063,56,69 (1,267) 530,23,17 475,16,82 2,43,55 1215,82,46 3287,10,02 946,83,10 8,27 371,51,26 731,04,96 (116,97) 916,99,03 2965,29,65
efyeeer Hej ueeYe/(neefve) (Meg)
III efJeefvecee uesve-osve Hej ueeYe (Meg) IV efveJesMe keer efyeeer Hej ueeYe (Meg)
V efveJesMeeW kes Hegvecet&uebekeve Hej ueeYe/(neefve) V Profit / (Loss) on revaluation of Investments (Net) (Meg)
V efJeefJeOe Deee
V Miscellaneous Income TOTAL Total ( I to V)
pees[ (I mes V)
Devegmeteer - 15 yeepe Jee

I pecee jeefMeeeW Hej yeepe II Yeejleere efjpeJe& yeQke/ Devlej yeQke GOeej
SCHEDULE - 15 INTEREST EXPENDED

I Interest on Deposits II Interest on Reserve Bank of India/Inter-Bank Borrowings III Others TOTAL Total ( I to III) 12161,40,49 348,15,21 840,03,96 13349,59,66 10157,64,00 176,05,24 689,64,52 11023,33,76
jeefMeeeW Hej yeepe
III Deve
pees[ (I mes III)
185
2010 -11
(000 Devebefkele
omitted)
Devegmeteer - 16 Heefjeeueve Jee

I kece&eeefjeeW kees Yegieleeve SJeb Gvekes efueS
SCHEDULE - 16 OPERATING EXPENSES

I II Payments to and Provisions for Employees Rent, Taxes and Lighting 3018,45,77 379,52,50 36,12,76 71,22,40 2426,34,43 320,26,25 30,93,30 57,93,65
HeeJeOeeve
II efkejeee, kej SJeb efJeegle III cegCe SJeb msMevejer IV efJe%eeHeve SJeb Heeej V ke) Heeke=le DeeefmleeeW kes DeueeJee yeQke
III Printing and Stationery IV Advertisement and Publicity V a) Depreciation on Banks Property other than Leased Assets b) Depreciation on Leased Assets VI Directors Fees, Allowances and Expenses VII Auditors Fees and Expenses (including Branch Auditors Fees and Expenses) VIII Law Charges IX Postages, Telegrams, Telephones etc. X Repairs and Maintenance XI Insurance XII Other Expenditure TOTAL (I to XII)
keer mebHeefeeeW Hej cetueeme
259.16.14 5,424 259,70,38 1,62,57
241,56,82 1,17,73 242,74,55 2,15,82
Ke) Heeke=le DeeefmleeeW Hej cetueeme

VI efveosMekeeW keer Heerme, Yees SJeb Jee VII uesKee Hejer#ekeeW keer Heerme SJeb Jee
(MeeKee uesKee-Hejer#ekeeW keer Heerme SJeb Jee meefnle)
40,31,62 21,05,36 93,00,71 116,26,99 235,88,94 577,38,58 4850,58,58
38,48,24 18,78,13 81,28,97 123,89,20 184,53,30 454,24,99 3981,60,83
VIII efJeefOe HeYeej IX [eke Jee, leej SJeb otjYee<e Deeefo X cejccele SJeb jKe jKeeJe XI yeercee XII Deve Jee
pees[ (I mes XII)
Devegmeteer - 17 meneesieer FkeeFeeW ceW Deee kee DebMe

I DeejDeejyeer II Deve
SCHEDULE - 17 SHARE OF EARNINGS IN ASSOCIATES

I RRBs II Others Total (I & II) 39,28,41 (45,660) 34,71,81 43,26,66 (6,214) 42,64,52
pees[ (I Deewj II)
186
2010 -11
Devegmeteer 18: 31 ceee& 2011 kees meceehle Je<e& kes efueS mecesekele efJeeere efJeJejefCeeeW keer cenlJehetCe& uesKeebkeve veereleeeb f f
Schedule 18 : Significant Accounting Policies on the Consolidated Financial Statements for the year ended 31st March 2011
1. mecesefkele efJeeere efJeJejefCeeeb leweej kejves kes DeeOeej
1. 1.1 BASiS oF PRePARAtion oF ConSoLidAted FinAnCiAL StAteMentS 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. 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. ConSoLidAtion PRoCeduRe CFS of the group have been prepared on the basis of : a. b. Audited accounts of Bank of Baroda (Parent). 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 Accounting Standard (AS) -21 Consolidated Financial Statements issued by the Institute of Chartered accountants of India (ICAI).
1.1 yeQke (cetue), Fmekeer Deveg<ebefieeeW mebege GeceeW Deewj meneesieer FkeeFeeW keer mecesefkele efJeeere efJeJejefCeeeb (meerSHeSme) HejcHejeiele ueeiele kes DeeOeej Hej yeveeF& ieF& nQ Deewj meYeer JeemleefJeke HenuegDeeW kes meboYe& ceW, Yeejle keer MeeKeeDeeW/ keeee&ueeeW kes efJe<ee ceW Yeejle ceW Deewj efJeosMeer MeeKeeDeeW/keeee&ueeeW kes efJe<ee ceW mebye osMe ceW Heeeefuele meebefJeefOeke HeeJeOeeveeW SJeb efJeOeeDeeW kes DevegHe, peye leke efke keesF& DeveLee GuuesKe ve efkeee ieee nes, yeveeF& ieF& nQ. 1.2 efJeeere efJeJejCeeW kees leweej kejves ceW efJeeere efJeJejCe keer leejerKe kees efjHees& keer ieF& Deeefmle SJeb oseleeDeeW (Deekeefmceke oseleeDeeW meefnle) leLee efjHees& keer ieF& DeJeefOe nsleg Deee SJeb Jee mebyebOeer jeefMe kees efjHees& kejves nsleg HeyebOeve kees keg DevegceeveeW Deewj DeekeueveeW kees DeeOeej yeveevee He[lee nw. HeyebOeve kee efJeMJeeme nw efke efJeeere efJeJejCe kees leweej kejves kes efueS Heegkele Deekeueve efJeJeskeHetCe& Deewj Gefele nw.
1.2
2.
meceskeve Heefeee
2. 2.1
2.1 mecetn keer mecesefkele efJeeere efJeJejefCeeeb efvecveefueefKele kes DeeOeej hej leweej keer ieF& nQ : ke) yeQke Dee@He ye[ewoe (cetue) kes uesKee-hejeref#ele Keeles Ke) Deveg<ebefieeeW keer Deeefmle/oselee/Deee/Jee keer eleske ceo kee cetue mebmLee keer mebyebefOele ceo kes meeLe ueeFve-t-ueeFve Ske$eerkejCe leLee Yeejleere meveoer uesKeekeej mebmLeeve `DeeF&meerSDeeF&' eje peejer uesKeekebve ceeveke (SSme-21) kes Devegmeej meYeer Fvê eghe Mes<eeW/mebJeJenejeW Deewj Jemetue ve efkeS ieS ueeYe/neefve kees kece kejles ngS. 2.2 uesKeebkeve veerefleeeW ceW Devlej nesves keer efmLeefle ceW Deveg<ebefieeeW SJeb meneesieer FkeeFeeW keer efJeeere efJeJejefCeeeW kees, peneb keneR DeeJeMeke nes, cetue keer uesKee-veerefleeeW kes DevegHe meceeeesefpele efkeee ieee nw. 2.3 meneesieer mebmLeeDeeW ceW efveJesMe kee uesKeebkeve uesKee Hejeref#ele efJeeere efJeJejefCeeeW kes DeeOeej Hej DeeF&meerSDeeF& eje peejer DekeeGbefbie Hee@j FveJesmceW Fve SmeesefmeSdme Fve kevemeeefue[ss[ HeeFveWefMeeue msceWdme S Sme 23 FefkeJeer HeCeeueer kes DevegHe efkeee ieee nw.
2.2
In case of difference in Accounting Policies, the Financial Statements of Subsidiaries and Associates are adjusted, wherever necessary, to conform to the Accounting Policies of the Parent. Investments in Associates are accounted for under the Equity Method as per Accounting Standard (AS) -23 Accounting for Investments in Associates in Consolidated Financial Statements issued by ICAI based on the audited Financial Statements of the associates. Interests in Joint Ventures are consolidated on Proportionate consolidation method as prescribed in Accounting Standard (AS) - 27 Financial Reporting of Interests in Joint Ventures issued by ICAI. Minority interest in the CFS consists of the share of the minority shareholders in the net equity / profit of the subsidiaries. The difference between cost to the Parent of its initial investment in the subsidiaries and the Parents portion of the equity of the subsidiaries is recognized as goodwill/ capital reserve as the case may be.
2.3
2.4
2.4 mebege GeceeW ceW efveJesMe, DeeF&meerSDeeF& eje peejer SSme-27 HeeeveWefMeeue efjheese\ie Dee@He Fvsjm Fve pJeeFb JeWej ceW efveOee&efjle meceevegheeefleke DeeOeej hej mecesefkele efkeee ieee nw. 2.5 mecesefkele efJeeere efJeJejefCeeeW kes ceeFveesefjer Fvjsm ceW Deveg<ebefieeeW keer Meg FefkeJeer/ueeYe ceW ceeFveesefjer MesejOeejkeeW kes DebMe meceeefnle nw. 2.6 cetue mebmLee eje Fmekeer Deveg<ebefieeeW ceW efkeS ieS efveJesMe keer ueeiele Deewj Deveg<ebefieeeW ceW FefkeJeer ceW cetue mebmLee kes efnmmes keer ueeiele Deblej kees ieg[efJeue/ Heejef#ele Hetbpeer, pewmee Yeer ceeceuee nes, kes He ceW ceevee ieee nw.
2.5
2.6
187

3. efJeosMeer cege mebJeJenej
2010 -11
3. 3.1
FoReign CuRRenCy tRAnSACtionS Accounting for transactions involving foreign exchange is done in accordance with Accounting Standard 11, The Effects of Changes in Foreign Exchange Rates, issued by The Institute of Chartered Accountants of India. 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. Translation in respect of Integral Operations: a) b) The transactions are initially recorded on weekly average rate as advised by FEDAI. Foreign Currency Assets and Liabilities (including contingent liabilities) are translated at the closing spot rates notified by FEDAI at the end of each quarter. The resulting exchange differences are recognized as income or expenses and are accounted through Profit & 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. 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 & Loss A/c.
3.1 efJeosMeer cege mes mebyebefOele mebJeJenejeW kee uesKeebkeve Yeejleere meveoer uesKeekeej mebmLeeve eje efJeosMeer cege oj ceW HeefjJele&veeW kes HeYeeJe Hej peejer uesKee ceeveke 11 efJeosMeer cegeojeW ceW heefjJele&ve kes eYeeJe kes DevegHe efkeee ieee nw. 3.2 uesKee ceeveke SSme-11 kes Heeespeve kes efueS yeQke kes cetue SJeb Deveg<ebieer efJeosMeer cege HeefjeeueveeW kees (ke) Skeerke=le Heefjeeueve SJeb (Ke) Demeceekeefuele HeefjeeueveeW kes He ceW Jeieeake=le efkeee ieee nw. cetue mebmLee keer meYeer efJeosMeer MeeKeeDeeW, Dee@HeMeesj yeQefkebie FkeeFeeW, efJeosMeer Deveg<ebefieeeW kees Demeceekeefuele Heefjeeueve SJeb efJeosMeer cege kes Iejsuet heefjeeueveeW SJeb HeefleefveefOe keeee&ueeeW kees Skeerke=le Heefjeeueve SJeb HeefleefveefOe keeee&ueeeW kees Skeerke=le Heefjeeueve kes He ceW ceevee ieee nw. 3.3 Skeerke=le HeefjeeueveeW kes mebyebOe ceW mebJeJenej (ke) mebJeJenejeW kees HeeLeefceke leewj Hej Hes[eF& eje metefele keer ieF& Deewmele meeHleeefnke ojeW Hej efjkee[& ieee nw. (Ke) efJeosMeer cege efJeefvecee mes mebyebefOele Deeefmle SJeb oseleeDeeW (Deekeefmceke oseleeDeeW meefnle) kees Hes[eF& eje Heleske efleceener kes Deble ceW metefele keer ieF& keueesefpebie mHee ojeW Hej Heebleefjle efkeee ieee nw. (ie) HeefjCeeceer efJeefvecee DeblejeW keer ieCevee Deee DeLeJee Jee kes He ceW keer ieF& nw leLee FvnW leovegmeej ueeYe neefve Keeles ceW uesKeebkeve efkeee ieee nw. efJeosMeer cege Deeefmle oseleeDeeW mebyebOeer efkemeer Yeer Yegieleeve DeLeJee efjJeme&ue kees efHeues meHleen keer Deewmele keueesefpebie ojeW kes DeeOeej Hej efkeee ieee nw leLee yekeeee jeefMe SJeb Gme jeefMe efpemekes efueS Yegieleeve efkeee ieee nw/efjJeme&ue efkeee ieee nw kes yeere kes Deblej kees ueeYe neefve Keeles ceW oMee&ee ieee nw. (Ie) leguevehe$e keer leejerKe kees yekeeee SJeb ^sef[bie kes efueS heeefjle efJeosMeer cege mhee@ SJeb Jeeeoe mebefJeoeDeeW kees eceMe: Hew[eF& eje DeefOemetefele meceeefhle mhee@ SJeb Jeeeoe ojeW hej leLee Debleefjce heefjhekeJelee Jeeueer mebefJeoeDeeW kees Fbjheesuess[ ojeW hej hegvece&tefuele efkeee ieee nw. heefjCeeceer Jeeeoe cetueebkeve ueeYe DeLeJee neefve kees ueeYe SJeb neefve Keeles ceW Meeefceue efkeee ieee nw. 3.4 Demeceekeefuele HeefjeeueveeW kes mebyebOe ceW mebJeJenej (ke) DeeefmleeeW SJeb oseleeDeeW (Deekeefmceke oseleeDeeW meefnle) kees Hes[eF& eje Heleske efleceener kes Deble ceW metefele keer ieF& keueesefpebie mHee ojeW Hej Heebleefjle efkeee ieee nw. (Ke) leguevehe$e keer leejerKe kees yekeeee SJeb ê[ie kes efueS heeefjle efJeosMeer cege sf b mhee@ SJeb Jeeeoe meehes#e oseleeDeeW kees eceMe: heb[eF& eje DeefOemeteele f meceeefhle mhee@ SJeb JeeeoeojeW hej leLee Debleefjce heefjhekeJelee Jeeueer mebeJeoeDeeW f kees Fbjheesues[ ojeW hej hegvece&euele efkeee ieee nw. s tf (ie) Deeceoveer SJeb KeeeX kees Hes[eF& eje Heleske efleceener kes Deble ceW metefele keer ieF& Deewmele efleceener ojeW Hej Heebleefjle efkeee ieee nw. (Ie) HeefjCeeceer efJeefvecee DeblejeW keer ieCevee Gme DeJeefOe kes efueS Deee DeLeJee Jee kes He ceW veneR keer ieF& nw leLee Fmes Meg efveJesMeeW kes efvemleejCe nesves leke Deueie mes Ske Keeles efJeosMeer cege HeeblejCe Heejef#ele efveefOe ceW jKee ieee nw.
3.2
3.3
c)
d)
3.4
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. 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. Income and Expense are translated at quarterly average rate notified by FEDAI at the end of each quarter. The resulting exchange differences are not recognized as income or expense for the period but accumulated in a separate account Foreign Currency Translation Reserve till the disposal of the net investment.
b)
c)
d)
188

4. efveJesMe
4. 4.1 inveStMentS Classification
2010 -11
4.1 JeieeakejCe cetue mebmLee leLee Fmekeer Iejsuet Deveg<ebefieeeW kes efveJesMe Hees&Heesefueees kees Yeejleere efj]peJe& yeQke kes efoMee efveoxMeevegmeej efvecveevegmeej Jeieeake=le efkeee ieee nw : (ke) HeefjHekeJelee leke Oeeefjle efveJesMe jeefMeeeW ceW HeefjHekeJelee leke jKeves kes GsMe mes HeeHle efveJesMe Meeefceue nQ. (Ke) JeeHeej nsleg Oeeefjle ceW Jes efveJesMe Meeefceue nQ efpevnW JeeHeej kes GsMe mes HeeHle efkeee ieee nw. (ie) efyeeer nsleg GHeueyOe ceW Jes efveJesMe Meeefceue nQ pees GHejeskele ke leLee Ke ceW Meeefceue veneR nQ DeLee&led pees ve lees JeeHeej kes GsMe mes HeeHle efkeS ieS nQ Deewj ve ner HeefjHekeJelee leke jKeves kes GsMe mes HeeHle efkeS ieS nQ. 4.2 JeieeakejCe kee DeeOeej HeefjHekeJelee leke Oeeefjle kes He ceW Jeieeake=le efveJesMeeW kees Yeeefjle Deewmele Deefpe&le ueeiele Hej efueee ieee nw, eefo Jen Debefkele cetue mes DeefOeke vener nQ. efJehejerle efmLeefle ceW Heerefceece kees HeefjHekeJelee keer Mes<e DeJeefOe leke HeefjMeesefOele efkeee ieee nw. HeefjHekeJelee leke Oeeefjle kes He ceW Jeieeake=le efveJesMeeW ceW Ssmes ef[yeWej/yeeb[dme Meeefceue nQ efpevnW mJeHe/Heke=efle keer ef< mes Deefiece ceevee peelee nw leLee efpevekes efueS DeefieceeW hej ueeiet Deeefmle JeieeakejCe Deewj HeeJeOeeveerkejCe mebyebOeer Yeejleere efj]peJe& yeQke kes efJeJeskeHetCe& ceeveob[ ueeiet kejles ngS HeeJeOeeve efkeee ieee nw. #es$eere ieeceerCe yeQkeeW ceW, ^s]pejer efyeueeW, keceefMe&eue HesHeme&, Fbefoje efJekeeme-He$e, efkemeeve efJekeeme He$e Deewj pecee HeceeCe He$e ceW efkeS ieS efveJesMeeW kees jKeeJe ueeiele DeeOeej hej cetueebkeve efkeee ieee nw. 23.08.2006 kes heeeled cetue eje JeermeerShe keer F&keeFeeW ceW efkeS ieS efveJesMe kees DeejefcYeke leerve Je<eeX kes efueS heefjhekeJelee leke Oeeefjle esCeer ceW Jeieeake=le efkeee ieee nw leLee keercele kes DeeOeej hej cetueebkeve efkeee ieee nw. mebefJelejCe kes leerve Je<eeX kes heeeled FvnW SSheSme ceW Debleefjce kee efoee peeSiee leLee Yeejleere efj]peJe& yeQke kes efoMeeefveoxMeeW kes Devegmeej yeepeej efeefvnle jKee peeSiee. 4.3 DeefOeenCe ueeiele efveJesMeeW kes DeefOeenCe keer ueeiele-eeslmeenveeW, eb SC[ heerme SJeb keceerMeve kee kegue eesie nw. 4.4 efveJesMeeW kee efvemleejCe HeefjHekeJelee leke Oeeefjle kes He ceW Jeieeake=le efveJesMeeW keer efyeeer Hej ueeYe/ neefve kees mebyebefOele efveJesMeeW keer Yeeefjle Deewmele ueeiele/yener cetue kes DeeOeej Hej ueeYe SJeb neefve Keeles ceW Debefkele efkeee peelee nw SJeb HeefjHekeJelee leke Oeeefjle JeieeakejCe ceW mebyebefOele efveJesMeeW kes yener cetue kes mecelegue ueeYe (Meg kej SJeb meebefJeefOeke efveefOe) kees Heejef#ele Hetbpeer Keeles ceW efJeefveeesefpele efkeee peelee nw. SSheSme/SeSheer esCeer kes efveJesMeeW keer efyeeer hej ngF& ueeYe/neefve kees ueeYe SJeb neefve Keeles ceW efueee ieee nw. 4.5 cetueebkeve JeeHeej kes efueS Oeeefjle SJeb efyeeer kes efueS GHeueyOe kes He ceW Jeieeake=le efveJesMe yeepeej efmeHeJeej efeefle efkeee ieee nQ leLee legueve He$e ceW Heleske esCeer ceW oMee&S ieS HeefjCeeceer Meg cetueeme eefo keesF& nw, kees ueeYe neefve
The Investment portfolio of the Parent and its domestic subsidiaries is classified in accordance with Reserve Bank of India guidelines into: (a) Held to Maturity comprising investments acquired with the intention to hold them till maturity. (b) Held for Trading comprising investments acquired with the intention to trade. (c) Available for Sale 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. 4.2 Basis of Classification Investments classified as Held to Maturity 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 Held to Maturity includes debentures / bonds which are deemed to be in the nature of / treated as advances, for which provision is made by applying the Reserve Bank of India prudential norms of assets classification and provisioning applicable to advances. Investments in Regional Rural Banks, Treasury Bills, Commercial Papers, Indira Vikas Patras, Kisan Vikas Patras and Certificates of Deposit which have been valued at carrying cost. Parents 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. 4.3 Acquisition Cost Cost of Acquisition of Investments is net of incentives, front-end fees and commission. 4.4 disposal of investment Profit / Loss on sale of investments classified as Held to Maturity is recognized in the Profit & 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 Held to Maturity classification is appropriated to Capital Reserve Account. Profit /loss on sale of Investment in AFS/HFT category is recognized in Profit & loss account. 4.5 valuation Investments classified as Held for Trading and Available for Sale are marked to market, scrip-wise and the resultant net depreciation if any in each category
189
2010 -11
Keeles ceW mLeeve efoee ieee nw. peye efke Meg cetueJe=ef eefo keesF& nes, kees es[ efoee ieee nw. eeLeefceke [eruej kes he ceW yeQke eje SeSheer esCeer kes lenle Deeves Jeeues ^spejer efyeueeW ceW efkeS peeves Jeeues efveJesMeeW kees Ieesef<ele efhece[e cetueeW hej $ewceeefmeke DeeOeej hej yeepeej efeefvnle efkeee ieee nw leLee heefjCeeceer Meg cetueeme, eefo keesF& nes, kees ueeYe SJeb neefve Keeles ceW efueee ieee nw, peyeefke Meg cetueJe=ef eefo keesF& nes, kees es[ efoee ieee nw. JeeHeej kes efueS Oeeefjle leLee efyeeer kes efueS GHeueyOe esCeer kes efveJesMeeW kes cetueebkeve kes efueS yee]peej me@ke SkemeeWpe ceW GodOe=le ojW HeeFcejer [erueme& SmeesefmeSMeve Dee@He FefC[ee (Heer[erSDeeF&) efHekem[ Fvkece ceveer ceekex SC[ [sefjJesefJme SmeesefmeSMeve (SHeDeeF&SceSce[erS) eje Ieesef<ele ojeW kee GHeeesie efkeee ieee nw. efpeve efveJesMeeW kes efueS Ssmeer ojW / GodOe=le ojbs GHeueyOe veneR nQ, Gvekee cetueebkeve Yeejleere efj]peJe& yeQke (DeejyeerDeeF&) eje efveOee&efjle ceeveoC[eW kes Devegmeej efkeee ieee nw pees efvecveevegmeej nQ :ke. mejkeejer/Devegceesefole - HeefjHekeJelee HeeleHeue kes DeeOeej Hej f HeeleYeteleeeb f f Ke. FefkeJeer Mesej, HeerSmeet SJeb ^mer Mesej ie. DeefOeceeve Mesej Ie. HeerSmeet yee@v[
- Deeleve legueveHe$e (12 ceen mes DeefOeke
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 are marked-to-market on quarterly basis based on the FIMMDA prices declared and the resultant net depreciation if any, is recognized in the Profit and Loss Account, while the net appreciation, if any, is ignored. For the purpose of valuation of quoted investments in Held for Trading and Available for Sale 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) are used. Investments for which such rates / quotes are not available are valued as per norms laid down by Reserve Bank of India, which are as under: a Government / - On Yield to Maturity basis. Approved securities b Equity Shares, - At book value as per the latest PSU and Trustee Balance Sheet (not more than shares 12 months old), otherwise Re.1 per company. c Preference - On Yield to Maturity basis with Shares appropriate credit spread mark-up. d PSU Bonds - On Yield to Maturity basis with appropriate credit spread mark-up. e Units of Mutual - At the latest repurchase price / Funds 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.
Hegjevee veneR) kes Devegmeej yener cetue Hej DeveLee `1 Heefle kebHeveer
- HeefjHekeJelee HeefleHeue kes DeeOeej Hej - mecegefele esef[ mHes[ ceeke&-DeHe kes meeLe
HeefjHekeJelee HeefleHeue kes DeeOeej Hej * ceg eg D eue He b [ keer - Heb[ eje Heleske mkeerce kes mebyebOe ceW Ieesef<ele Deeleve HegveKe&jero cetue/Meg etefveW Deeefmle cetue SveSJeer Hej e. Gece Hetbpeer
- uesKee Hejeref#ele legueve He$e kes Devegmeej
Ieesef<ele SveSJeer peesefke 18 ceen mes peeoe Hegjeveer ve nes, eefo ueieeleej 18 ceen mes DeefOeke kes SveSJeer ee uesKee Hejeref#ele efJeeere Deebke[s GHeueyOe ve neW lees Heefle Gece Hetbpeer efveefOe (JeerSmeSHe) `1/4.6 yeQke kes eje efveJesMeeW kes efueS, efveheeve leejerKe DeeOeej hej mecehe uesKee eCeeueer kee DevegmejCe efkeee pee jne nw. 4.7 efJeosMeer MeeKeeDeeW ceW efveJesMe kes mecyebOe ceW Yeejleere efj]peJe& yeQke DeLeJee cespeyeeve osMeeW kes efoMee-efveoxMeeW kee, oesveeW ceW mes pees DeefOeke ke"esj neW, kee DevegHeeueve efkeee peelee nw. Ssmeer MeeKeeDeeW kes ceeceues ceW pees Ssmes osMeeW ceW efmLele nw peneb keesF& efJeefMe< efoMeeefveoxMe veneR nw, Yeejleere efj]peJe& yeQke kes efoMeeefveoxMeeW kee Heeueve efkeee peelee nw. 4.8 Fve esefCeeeW kes yeere HeefleYetefleeeW kes DeblejCe keer ieCevee, DeblejCe keer leejerKe kees Gmekeer DeefOeienCe ueeiele/yener cetue/ yeepeej cetue ceW mes pees Yeer kece nes, Hej keer ieF& nw Deewj Ssmes DeblejCe kes HeuemJeHe DeeS cetueeme, eefo keesF& nw, kes efueS HeeJeOeeve efkeee ieee nw.
4.6 4.7
The Parent is following uniform methodology of accounting for investments on settlement date basis. 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. 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.
4.8
190

4.9 Iejsuet iewjefve<heeoke eefleYetefleeeW mes mebyebefOele Deee kees veneR efueee ieee nw. Deewj Fve eefleYetefleeeW kes cetue ceW cetueeme kes efueS Yeejleere efj]peye& yeQke kes efveoxMeevegmeej eeJeOeeve efkeee ieee nw. 4.10 jshees / efjJeme& jshees yeQke ves Hegve: Kejero leLee HeleeJeefle&le Hegve: Kejero uesveosveeW kees uesKeebefkele kejves nsleg Yeejleere efj]peJe& yeQke eje yeleeF& ieF& Ske meceeve uesKee HeCeeueer kees DeHeveeee nw. jshees / efjJeme& jshees Keeles ceW Mes<e jeefMe kees efveJesMe Keeles ceW Mes<e jeefMe keer SJepe ceW meceeeesefpele keer ieF& nw~ (Yeejleere efj]peJe& yeQke kes meeLe eue efveefOe meceeeespeve eespevee (SueSSHe) kes Debleie&le ngS uesveosveeW kees es[kej). efjhees kes Devleie&le yeseer ieF& eefleYetefleeeb GvnW efjJeme& efjhees kes lenle efveJesMe Je Kejeroer ieF& eefleYetefleeeW kes he ceW oMee&ee ieee nw, leLee GvnW efveJesMeeW ceW Meeefceue veneR efkeee ieee nw. ueeiele leLee jepemJe keer ieCevee yeepe Jee/Deee pewmee Yeer ceeceuee nes kes efnmeeye mes keer ieF& nw. Yeejleere efj]peJe& yeQke kes meeLe eueefveefOe meceeeespeve megefJeOee kes lenle Kejeroer / efyeeer keer ieF& eefleYetefleeeb efveJesMe Keeles ceW veeces / pecee keer ieeer nQ leLee FvnW mebJeJenej keer heefjhekeJelee hej efjJeme& kej efoee ieee nw. Fve hej Jee / Deefpe&le efkees ieS yeepe kees Jee / ueeiele kes he ceW uesKeebefkele efkeee ieee nw. 4.11 [sefjJesefJme : yeQke Jele&ceeve ceW yeepe ojeW leLee cege [sefjefJeefJme ceW [erue kejlee nw. yeQke eje JeJeneefjle yeepe oj [sefjefJeefJme ceW Heee yeepe oj mJewHe, efJeosMeer cege yeepeoj mJesHe leLee HeejJe[& js SieerceWdme Meeefceue nQ. yeQke eje JeJenej ceW ueees peeves Jeeues cege [sefjJesefJme ceW Dee@HMeve leLee cege mJesHme nQ. Yeejleere efj]peJe& yeQke kes efoMeeefveoxMeeW kes DeeOeej Hej, [sefjJesefJme kee cetueebkeve efvecveevegmeej efkeee peelee nw : JeJemLee yeeeJe/iewj JeJemLee yeeeJe (ceekex cesefkebie) mebJeJenej Deueie-Deueie efjkee[& efkees peeles nQ. JeJemLee yeeeJe [sefjJesefJme kees Gheefele DeeOeej Hej uesKeebefkele efkees peeles nQ. ^sef[bie [sefjJesefJe HeesefpeMevme kees yeepeej efeefvnle efkeee ieee nw leLee heefjCeeceer neefve, eefo keesF& nes, kees ueeYe-neefve Keeles ceW ope& efkeee ieee nw. ueeYe eefo keesF& nes, kees es[ efoee ieee nw. yeepe oj mJewHe mes mebyebefOele Deee leLee Jee efveheeve leejerKe kees efueee ieee nw. ^sef[bie mJewHme keer meceeefHle Hej ngS ueeYe/neefve kees meceeefHle efleefLe Hej Deee/Jee kes He ceW ope& efkeee ieee nw. cetueebkeve kes GsMe mes kegue mJewhe kes Gefele cetue keer ieCevee Gme jeefMe kes DeeOeej hej keer ieeer nw pees efke leguevehe$e keer leejerKe kees mJewhe mecePeewleeDeeW mes mebyebefOele uesve-osve keer meceeefhle hej eehe ee ose nesiee. Fmemes mebyebefOele neefve, eefo keesF& nes, kes efueS hetCe& eeJeOeeve efkeS ieS nQ peyeefke ueeYe, eefo keesF& nes, kees es[ efoee ieee nw. efJeosMeer cege Jeeues [sefjJeserJe mebefJeoeDeeW mes mebyebefOele Deekeefmceke oseleeDeeW kees leguevehe$e keer leejerKe kees hes[eF& eje DeefOemetefele keueesefpebie efJeefvecee ojeW hej efjhees& efkeee ieee nw.
4.11 DERIVATIVES 4.9
2010 -11
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.
4.10 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 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.
The Parent 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. Hedging derivative are accounted 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 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.
191

5. Deefiece
2010 -11
5 5.1
AdvAnCeS 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. Advances are net of specific loan loss provisions, interest suspense; amount received and held in suitfiled Sundry Deposit and Claims Received. 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. 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 not reversed but is utilised to meet the shortfall /loss on account of Sale of other non-performing financial assets. Fixed ASSetS Premises and other fixed assets are stated at historical cost except revalued premises. The appreciation on such revaluation is credited to Capital Reserve and the depreciation provided thereon is deducted there from. Premises include construction. Land and Building under
5.1 cetue mebmLee leLee Fmekeer Iejsuet meneesieer mebmLeeDeeW kes Deefiece ceeveke, DeJeceeveke, mebefoiOe SJeb neefve DeeefmleeeW kes He ceW Jeieeake=le efkeS ieS nQ Deewj Fve hej ngF& neefve kes mebyebOe ceW Yeejleere efj]peJe& yeQke eje efveOee&efjle efJeJeskeHetCe& ceeveoC[eW kes Devegmeej eeJeOeeve efkeS ieS nQ. efJeosMeer MeeKeeDeeW leLee Deveg<ebefieeeW eje efkeS ieS Deefece kes mebyebOe ceW DeefeceeW kee JeieeakejCe Yeejleere efj]peJe& yeQke DeLeJee cespeyeeve osMe, efpemeceW Deefiece efoee ieee nw, kes DevegHe efkeee ieee nw. 5.2 Deefiece jeefMe, Gevle Keeles kes yeepe, Jeeoiemle efJeefJeOe pecee KeeleeW ceW HeeHle SJeb jKeer ieF& jeefMe, HeeHle keuesce Deewj iewj efve<Heeefole DeefieceeW kes efueS efkeS ieS HeeJeOeeve kes yeeo keer jeefMe nw. 5.3 Hegveefve&Oee&efjle/Hegveie&ef"le KeeleeW kes mebyebOe ceW Yeejleere efj]peJe& yeQke kes ceeie& efveoxMeeW kes Devegmeej ceewpetoe cetue MeleeX ceW Deebkes iees yeepe neefveeeW kes efueS HeeJeOeeve efkeee ieee nw. 5.4 Deeefmle Hegveie&"ve kebHeveer (SDeejmeer)/peebe kebheveer (Smemeer) kees yeseer ieF& DeeefmleeeW kes ceeceues ceW eefo efyeeer Meg yener cetue (Sveyeer Jeer) (DeLee&le yener cetue IeeSb Oeeefjle eeJeOeeve) mes kece cetue Hej keer ieF& nes lees neefve (keceer) kees ueeYe neefve Keeles ceW veeces efkeee ieee nw. eefo efyeeer cetue, Meg yener cetue mes peeoe nw lees Deefleefjkele HeeJeOeeve jeefMe kees efjJeme& vener efkeee ieee nw Deefheleg Fmekee Gheeesie otmejer iewj efve<heeoke DeeefmleeeW keer efyeeer kes HeuemJehe keceer / Iees kees hetje kejves kes efueS efkeee ieee nw.
5.2
5.3
5.4
6.
Deeue Deeefmleeeb
6. 6.1
6.1 Hegvecet&ueebefkele HeefjmejeW kees es[kej, Heefjmej Je Deve Deeue Deeefmleeeb meeceevele: HejcHejeiele ueeiele Hej ueer ieF& nQ, Hegvecet&ueebkeve Hej ngF& Je=ef kees Hetbpeeriele Heejef#ele efveefOe ceW pecee efkeee ieee nw. Ssmeer ye{er ngF& jeefMe Hej cetueeme nsleg efkeS ieS HeeJeOeeve kees FmeceW mes Iee efoee peelee nw. 6.2 Heefjmej ceW Yetefce leLee efvecee&CeeOeerve YeJeve kee meceeJesMe nQ.
6.2 7.
7.
Heejef#ele efveefOeeeb SJeb DeefOeMes<e

jepemJe SJeb Deve Heejef#ele efveefOeeeW ceW mecye osMeeW ceW Heeefuele mLeeveere keevetveeW kes Devegmeej efJeosMeer MeeKeeDeeW eje efveefce&le meebefJeefOeke Heejef#ele efveefOeeeW kees Meeefceue efkeee ieee nw.
ReSeRveS And SuRPLuS Revenue and other Reserves include Statutory Reserves created by foreign branches as per applicable local laws of the respective countries.
8.
jepemJe kee efveOee&jCe
8. 8.1
Revenue ReCognition Income / expenditure is recognised on accrual basis, unless otherwise stated. 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. 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 RBI guidelines. Income by way of Fees, Commission other than on Government business, Commission on Guarantees, LCs, Exchange, Brokerage and interest on Overdue Bills and Advance Bills are accounted for on realisation basis.
8.1 peye leke DeveLee GuuesefKele ve nes, Deee kee efveOee&jCe GHeee DeeOeej Hej efkeee ieee nw. efJeosMeer keeee&ueeeW kes ceeceues ceW mecye osMe peneb efJeosMeer keeee&uee efmLele nw, mLeeveere efveeceeW kes lenle Deee kee efveOee&jCe efkeee ieee nw. 8.2 iewj efve<Heeefole DeefieceeW leLee efveJesMeeW kes ceeceueeW ceW Deee keer Jemetueer keer Deefveefelelee kes keejCe Ssmeer Deee Yeejleere efj]peJe& yeQke ceeie&efveoxMeeW kes Devegmeej kesJeue Jemetue nesves Hej ner uesKeebefkele keer ieF& nw. 8.3 MegukeeW kes ceeOece mes HeeHle Deee, mejkeejer keejesyeej kees es[kej keceerMeve, ieejber, meeKehe$e hej keceerMeve, efJeefvecee, oueeueer leLee Deefleose efyeueeW/ Deefiece efyeueeW Hej yeepe kees JeemleefJeke Jemetueer DeeOeej Hej efnmeeye ceW efueee ieee nw.
8.2
8.3
192

9. kece&eejer ueeYe
9. 9.1 eMPLoyeeS BeneFitS PROVIDENT FUND
2010 -11
9.1 YeefJe<e efveefOe YeefJe<e efveefOe Ske megheefjYeeef<ele DebMeoeve eespevee nw efpemekes lenle yeQke hetJe&efveOee&efjle ojeW hej efveefele DebMeoeve kee Yegieleeve kejlee nw. yeQke keer yeeOelee Ssmes efveefele DebMeoeve leke ner meerefcele nw. DebMeoeveeW kees ueeYe/neefve Keeles hej eYeeefjle efkeee peelee nw. 9.2 esetef esetef oselee Ske efveefele efnleyeeOelee nw Deewj Fmekes mebyebOe Je<e& keer meceeefhle ceW yeerceebefkeke cetueebkeve kes DeeOeej hej eeJeOeeve efkees peeles nw. yeQke eje eespevee kes efueS efveefOe GheueyOe kejeeer peeleer nw SJeb Ske Deueie ^m eje Fmekee eyebOeve efkeee peelee nw. 9.3 heWMeve heWMeve oselee oselee Ske efveefele efnleyeeOelee nw Deewj Fmekes mebyebOe Je<e& keer meceeefhle ceW yeerceebefkeke cetueebkeve kes DeeOeej hej eeJeOeeve efkees peeles nw. yeQke eje eespevee kes efueS efveefOe GheueyOe kejeeer peeleer nw SJeb Ske Deueie ^m eje Fmekee eyebOeve efkeee peelee nw. 9.4 DevegheefmLeefle #eeflehetefle& mebefele DevegheefmLeefle #eeflehetefle&eeW pewmes efke DeefOekeejpeve DeJekeeMe (heerSue) leLee iCe DeJekeeMe (yees ngS Deekeefmceke DeJekeeMe kees Meeefceue kejles ngS) kees yeerceebefkeke cetueebkeve kes DeeOeej hej eoeve efkeee ieee nw. 9.5 Deve kece&eejer ueeYe Deve kece&eejer ueeYe pewmes efke ger efjeeele efkejeee (SueShemeer), efeefkelmee ueeYe Fleeefo kees yeerceeefkeke cetueebkeve kes DeeOeej hej eoeve efkeee ieee nw. efJeosMeer MeeKeeDeeW SJeb keeee&ueeeW kes mebyebOe ceW kece&eeefjeeW mes mebyebefOele ueeYeeW kees, eefleefveegefe hej ieS kece&eeefjeeW kees es[, mebyeb osMe ceW ueeiet keevetve kes DeeOeej hej uesKeeke=le efkeee ieee nw.
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 & Loss A/c. 9.2 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 scheme is funded by the Parent and is managed by a separate trust. 9.3 PENSION 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. The scheme is funded by the Parent and is managed by a separate trust. 9.4 COMPENSATED ABSENCES Accumulating compensated absences such as Privilege Leave (PL) and Sick Leave (including un-availed casual leave) is provided for based on actuarial valuation. 9.5 OTHER EMPLOYEE BENEFITS Other Employee benefits such as Leave Fare Concession (LFC), Medical Benefits etc. 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 accounted for as per laws prevailing in the respective territories. 10 dePReCiAtion
10. cetueeme
10.1 Yeejle ceW Deeue DeeefmleeeW hej cetueeme (veeres efoS ieS hewje 10.3 SJeb 10.4 ceW meboefYe&le kees es[) kebheveer DeefOeefveece 1956 keer Devegmeteer XIV kes Devegmeej cetueeefmele yener cetue Heefle kes DeeOeej hej, hegvecet&efuele Deeefmle kees es[ efpemekes mebyebOe ceW Fve hegvece&tefuele DeeefmleeeW keer Devegceeefvele Gheeesefielee DeJeefOe kes DeeOeej hej peeoe cetueeme efkeee peelee nw, eoeve efkeee ieee nw. 10.2 Yeejle mes yeenj Deeue DeeefmleeeW hej cetueeme (veeres efoS ieS hewje 10.3 SJeb 10.4 ceW meboefYe&le kees es[) mLeeveere keevetve DeLeJee mebye osMe ceW ueeiet JeJenejeW, hegvecet&efuele Deeefmle kees es[ - efpemekes mebyebOe ceW Fve hegvece&tefuele DeeefmleeeW keer Devegceeefvele Gheeesefielee DeJeefOe kes DeeOeej hej peeoe cetueeme efkeee peelee nw, eoeve efkeee ieee nw. 10.3 kecHetjeW Hej cetueeme Yeejleere efj]peJe& yeQke kes efoMeeefveoxMeeW kes Devegmeej m^s ueeFve efJeefOe mes 33.33% keer oj mes Heoeve efkeee ieee nw. kebHetj meeHeJesej peesefke ne[&Jesej kee DeefveJeee& Debie veneR nw hej cetueeme Kejero Je<e& kes oewjeve ner kej efoee ieee nw. 10.4 SerSce Hej cetueeme 20% keer oj mes m^s ueeFve efJeefOe mes Heoeve efkeee peelee nw.
10.1 Depreciation on Fixed Assets in India [other than those referred to in Para 10.3 & 10.4 below] 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. 10.2 Depreciation on Fixed Assets outside India [other than those referred to in Para 10.3 & 10.4 below] is provided as per local laws or prevailing practices of the respective territories, 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. 10.3 Depreciation on Computers in and outside India is provided on Straight Line Method at the rate of 33.33%, as per the guidelines of RBI. Computer software not forming an integral part of hardware is depreciated fully during the year of purchase. 10.4 Depreciation on ATMs is provided on Straight Line Method at the rate of 20%.
193
2010 -11
10.5 HeefjJe&veeW Hej cetueeme kee mebHetCe& Je<e& kes efueS HeeJeOeeve efkeee ieee nw. peye efke yeses ieS/efvemleeefjle efkeS ieS Je<e& ceW cetueeme kee keesF& HeeJeOeeve veneR efkeee ieee nw. 10.6 Heeke=le Yetefce SJeb heeke=le heefjmej mebyebOeer megOeejeW keer ueeiele kee Hes keer DeJeefOe kes oewjeve HeefjMeesOeve efkeee ieee nw.
10.5 Depreciation on additions is provided for full year and no depreciation is provided in the year of sale / disposal. 10.6 Cost of leasehold land & leasehold improvements are amortised over the period of lease. 11. iMPAiRMent oF ASSetS Impairment losses,if any, are recognized in accordance with the Accounting Standard 28 (Impairment of Assets) issued in this regard by the Institute of Chartered Accountants of India and charged off to 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 Accounting Standard 22 of 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. Provision for income tax is made in accordance with statutory requirements of the respective countries after adjustment for deferred taxes. 13 eARningS PeR ShARe The Parent reports basic and diluted earnings per equity share in accordance with the Accounting Standard 20 (Earnings Per Share) issued in this regard by the Institute of Chartered Accountants of India. 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 Accounting Standard 29 (Provisions, Contingent Liabilities and Contingent Assets) issued in this regard by the Institute of Chartered Accountants of India, 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 Assets are not recognized in the financial statements since this may result in the recognition of income that may never be realised.
11. DeeefmleeeW keer #eefle

Deeue DeeefmleeeW keer #eefle, eefo keesF& nes, kee efveOee&jCe Yeejleere meveoer uesKekeej mebmLeeve eje Fme mebyebOe ceW peejer uesKee ceeveke 28 (DeeefmleeeW keer #eefle) kes Devegmeej efkeee peelee nw Deewj ueeYe neefve Keeles kees eYeeefjle efkeee peelee nw.
12. Deee Hej kej

FmeceW Yeejleere meveoer uesKeekeej mebmLee (DeeF&meerSDeeF&) kes uesKeebkeve ceeveob[ 22 kes Devegmeej efveOee&efjle (mecye DeJeefOe kes efueS uesKee Deee leLee kejeesie Deee kes yeere efYevvelee mes kejeW kes HeYeeJe kees oMee&les ngS) Deeekej kes efueS HeeJeOeeve, DeemLeefiele kej DeLeJee esef[ Meeefceue nQ. DeemLeefiele kej kees, Deeceoveer SJeb Kee& keer Gve ceoeW kes mebyebOe ceW pees efkemeer Ske mecee efyebog hej efveOee&efjle nesleer nw Deewj pees Ske DeLeJee DeefOeke HejJeleea DeJeefOeeeW ceW HeleeJele&ve eesie nQ, efJeJeskeHetCe& veerefle kes DeOeOeerve efnmeeye ceW efueee peelee nw. DeemLeefiele kej DeeefmleeeW SJeb oseleeDeeW keer ieCevee DeefOeefveeefcele kej ojeW Hej, Gve Je<eeX keer DeHesef#ele ojeW Hej keer peeleer nw efpeve Je<eeX ceW mecee DeblejeueeW kes efjJeme& kejves keer mebYeeJevee nesleer nw. kej keer ojeW ceW HeefjJele&ve kes HeYeeJe kes keejCe DeemLeefiele kej oseleeDeeW SJeb DeeefmleeeW hej ngS eYeeJe kees Gme DeJeefOe keer Deee efJeJejCeer, efpemeceW Ssmes HeefjJele&ve kees DeefOeefveeefcele efkeee ieee nes, kes DeeOeej hej efnmeeye ceW efueee peelee nw. Deeekej kes efueS HeeJeOeeve DeeefmLeiele kejeW kes meceeeespeve kes yeeo mecye osMe keer meebefJeefOeke DeeJeMekeleeDeeW kes DevegHe efkeee peelee nw.
13. Heefle Mesej Depe&ve

yeQke eje DeHeves yesefmeke SJeb [eFuets[ Heefle F&efkeJeer Mesej Depe&ve kees Yeejleere meveoer uesKeekeej mebmLeeve kes Fme mebyebOe ceW peejer uesKee ceeveke 20 (Heefle Mesej Depe&ve) kes Devegmeej efjHees& efkeee ieee nw. yesefmeke Heefle Mesej Depe&ve keer ieCevee Meg Deee kees DeJeefOe kes efueS yekeeee Yeeefjle Deewmele F&efkeJeer MesejeW keer mebKee mes efJeYeeefpele kej ueer ieF& nw. [eFuets[ Heefle Mesej Depe&ve keer ieCevee Meg Deee kees Gme DeJeefOe kes efueS yekeeee Yeeefjle FefkeJeer MesejeW SJeb Fme DeJeefOe kes oewjeve [eeuets[ F&efkeJeer MesejeW keer mebKee ceW ieCevee keer ieF& nw.
14. HeeJeOeeve, Deekeefmceke oseleeSb Je Deekeefmceke Deeefmleeeb

Yeejleere meveoer uesKeekeej mebmLeeve kes Fme mebyebOe ceW peejer uesKee ceeveke 29 (Deekeefmceke oseleeDeeW SJeb Deekeefmceke DeeefmleeeW kes efueS HeeJeOeeve) kes Devegmeej yeQke eje Deekeefmceke oseleeDeeW SJeb Deekeefmceke DeeefmleeeW kes efueS HeeJeOeeve efJeiele ceW ngF& efkemeer Ievee mes GlHevve ngS Jele&ceeve oeefelJe kes efueS efkeee ieee nw. en mebYeJe nw efke Fme oeefelJe kes efvemleejCe kes efueS DeeefLe&ke mebmeeOeveeW keer DeeJeMekelee nes Deewj leye Fme oeefelJe nsleg jeefMe kee efJeMJemeveere cetueebkeve efkeee pee mekes. Deekeefmceke DeeefmleeeW kees efJeeere efJeJejCe veneR ceevee ieee nw. keeeWefke Fmekeer Deee, efpemekeer Jemetueer veneR nes mekeleer nw, kes efveOee&jCe kes HeuemJehe nes mekelee nw.
194
2010 -11
Devegmeteer - 19 : 31 ceee& 2011 kees meceehle efJeeere Je<e& keer mecesefkele efJeeere efJeJejefCeeeW hej vees
1. mecesefkele efJeeere efJeJejCeer (meerSHeSme) ceW yeQke Dee@]he ye[ewoe (cetue mebmLee) leLee efvecveefueefKele Deveg<ebefieeeW/meneesieer FkeeFeeW/mebege GheeceeW kes HeefjCeece Meeefceue nQ. osMe, peneb efJeeceeve nw mJeeefcelJe kee DevegHeele 31.03.11 31.03.10
1.
Schedule-19 - notes on the Consolidated Financial Statements for the year ended 31st March 2011
The Consolidated Financial Statements (CFS) of the group comprise the results of the Bank of Baroda (Parent) and the following Subsidiaries/Associates/Joint Ventures: Subsidiaries Country of Percentage of IncorpoOwnership as on ration 31.03.2011 31.03.2010 a) Banking
1.1 Deveg<ebefieeeb 1.1.1 osMeere Deveg<ebefieeeb ke) yeQefkebie 1) vewveerleeue yeQke efue. Ke) iewj yeQefkebie i) yee@ye kewefHeue ceekex efue. ii) yee@ye kee[&me efue. 1.1.2 efJeosMeer Deveg<ebefieeeb ke) yeQefkebie i) yeQke Dee@He ye[ewoe (yeeslmeJeevee) efue. ii) yeQke Dee@He ye[ewoe (kesvee) efue. iii) yeQke Dee@He ye[ewoe (etieeb[e) efue. iv) yeQke Dee@He ye[ewoe (iegeevee) DeeFSvemeer v) yeQke Dee@He ye[ewoe (lebpeeefveee) efue. vi) yeQke Dee@He ye[ewoe ef$eveeroeo SJeb esyesiees efueefces[ vii) yeQke Dee@He ye[ewoe (Ieevee) efue. viii) yeQke Dee@]he ye[ewoe (vetpeeruewv[) efue. Ke) iewj yeQefkebie i) yee@ye (et kes) efue.
1.1
1.1.1 Domestic Subsidiaries
Yeejle Yeejle Yeejle
98.57% 100.00% 100.00%
98.39% 100.00% 100.00%
i) The Nainital Bank Ltd. b) Non Banking i) BOB Capital Markets Ltd. ii) BOB Cards Ltd. 1.1.2 Overseas Subsidiaries a) Banking
India India India
98.57% 100.00% 100.00%
98.39% 100.00% 100.00%
yeeslmeJeevee kesvee egieeb[e iegeevee lebpeeefveee ef$eveeroeo SJeb esyesiees Ieevee vetpeeruewv[
100.00% 86.70% 80.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
100.00% 86.70% 80.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
i) Bank of Baroda (Botswana) Ltd. ii) Bank of Baroda (Kenya) Ltd. iii) Bank of Baroda (Uganda) Ltd. iv) Bank of Baroda (Guyana) Inc. v) Bank of Baroda (Tanzania) Ltd
Botswana Kenya Uganda Guyana Tanzania
100.00% 86.70% 80.00% 100.00% 100.00% 100.00% 100.00%
100.00% 86.70% 80.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
vi) Bank of Baroda Trinidad & Tobago Trinidad & ltd. Tobago vii) Bank of Baroda (Ghana) Ltd. b) Non Banking Ghana
viii) Bank of Baroda (Newzealand) Ltd. Newzealand 100.00% i) BOB (UK) Ltd. 1.2 Associates United Kingdom 100.00%
egveeFs[ eEkeie[ce
1.2 meneesieer FkeeFeeb mecesefkele efJeeere efJeJejCeer (meerSHeSme) ceW meceeefnle meneesieer FkeeFeeW kes efJeJejCe efvecveefueefKele nQ : veece
Name
The particulars of Associates considered in the CFS are as under:
Country of Incorporation
osMe, peneb efJeeceeve nw
cetue mebmLee kee efnmmee (%)

Parents ownership Interest (%) as on 31.03.11 31.03.10
(ke) Fv[es peeefcyeee yeQke efueefces[ (ie) #es$eere ieeceerCe yeQke:i)
(a) Indo Zambia Bank Limited (c) Regional Rural Banks:-
peeefcyeee /Zambia Yeejle/ India Yeejle/ India Yeejle/ India Yeejle/ India Yeejle/ India Yeejle/ India
20 49 35 35 35 35 35
20 49 35 35 35 35 35
(Ke) ye[ewoe Heeeeseveej Demes cesvespecesv kebHeveer efue. (b) Baroda Pioneer Asset Management Co. Ltd. f ye[ewoe Gej eosMe ieeceerCe yeQke
i) Baroda Uttar Pradesh Gramin Bank ii) Nainital-Almora Kshetriya Gramin Bank iii) Baroda Rajasthan Gramin Bank iv) Baroda Gujarat Gramin Bank v) Jhabua-Dhar Kshetriya Gramin Bank
ii) vewveerleeue-Deucees[e #es$eere ieeceerCe yeQke iii) ye[ewoe jepemLeeve ieeceerCe yeQke iv) ye[ewoe iegpejele ieeceerCe yeQke v) PeeyegDee-Oeej #es$eere ieeceerCe yeQke
195

1.3 mebege Gece
2010 -11
1.3
Joint Ventures Percentage of Ownership (%) as on 31.03.2011 31.03.2010 44 -
veece / Name
Country of Incorporation
osMe peneb efJeeceeve nw
cetue mebmLee kee efnmmee
ke)
a) b)
FefC[eeHem& ueeFHe FbMeesjWme kecheveer efue.
IndiaFirst Life Insurance Company Ltd.
India Malaysia 2.
Yeejle
44 40
Ke) 2.
e. meb
FefC[ee FbjvesMeveue yeQke (ceuesefMeee) yeerSe[er.
India International Bank (Malaysia) Bhd.
ceuesefMeee
meneesieer FkeeFeeW ceW efveJesMe kee efJeJejCe

efJeJejCe
Sr. No. Particulars
Particulars of the Investment in Associates (` kejes[ ceW / ` in Crores)
31.03.2011 kees 31.03.2010 kees

As at 31.03.2011 As at 31.03.2010
(ke) meneesieer FkeeFeeW ceW efveJesMe keer ueeiele (Ke) GHejeskele (ke) ceW Meeefceue DeefOeienCe Hej meeKe (ie) (Ie) (*) (e) GHejeskele (ke) ceW DeefOeienCe Hej Deejef#ele hetbpeer Hegvecet&ueebefkele Deejef#ele efveefOe Deewj SHemeer mebJeJenej Deejef#ele efveefOe kes KeeleW ceW HeefjJeOe&ve DeefOeienCe GHejevle ieg[ efJeue/Deejef#ele hetbpeer kes ueeYe (Meg) kee DebMe 31 ceee& kees efveJesMe (ke-Ke-ie + Ie + *)
a. b. c. d. e. f. g. h. i.
Cost of Investment in Associates Goodwill on acquisition included in (a) above Capital reserve on acquisition included in (a) above Additions on account of revaluation reserve & FC translation reserve Share of post acquisition profits (Net) of Goodwill/ Capital Reserve Investment as at 31st March (a b-c+d+e) Investment in India Investment outside India Total (g + h) 3.
141.39 25.27 3.62 197.54 317.28 279.66 37.62 317.28
141.39 25.27 3.79 162.83 282.74 247.91 34.83 282.74
() Yeejle ceW efveJesMe (pe) Yeejle kes yeenj efveJesMe (Pe) kegue (* + e) 3. Deveg<ebefieeeW /meneesieer FkeeFeeW keer efJeeere efJeJejefCeeeb
Financial Statements of Subsidiaries / Associates
3.1.1 Deveg<ebefieeeW leLee meneesieer FkeeFeeW keer efJeeere efJeJejefCeeeb, yeQke Dee@]He ye[ewoe (egieeb[e) efue.(Fmekeer mebhetCe& mJeeefcelJe Jeeueer Deveg<ebieer yeQke Dee@]he ye[ewoe kewheerue ceekex etieeb[e efue. kees Meeefceue kejles ngS), yeQke Dee]@He ye[ewoe (kesvee) efue., yeQke Dee]@He ye[ewoe (lebpeeefveee) efue. kees es[kej, efpevekeer 31 ceee&, 2011 leke leweej keer ieF& nw Gmeer efjHeesefie leejerKe kes Devegmeej leweej keer ieF& nQ efpeme leejerKe kees cetue mebmLee keer efJeJejCeer leweej keer ieF& nw. Gkele Deveg<ebefieeeW keer efJeJejefCeeeb 31 efomebyej, 2010 keer efmLeefle kes DevegHe leweej keer ieF& nQ. HeyebOeve eje eLee HeceeefCele 1 peveJejer, 2011 mes 31 ceee&, 2011 kes yeere DeHesef#ele meceeeespeveeW nsleg keesF& GuuesKeveere mebJeJenej veneR ngDee nw. 3.1.2 mecesefkele efJeeere efJeJejCeer Je<e& 2010-11 ceW yeQke Dee@He ye[ewoe (yeeslmeJeevee) efue. leLee yeQke Dee@]he ye[ewoe (efêfveveeo SJeb esyewiees) efue. kes DeuesKeeheefjef#ele efJeeere efJeJejefCeeeW kee Yeer meceeJesMe nw. 3.2 ye[ewoe Heeeesefveej Smes cewvespeceW keb.efue. keer Deeue DeeefmleeeW Deewj cetueeme mee@HeJesej kes HeefjMeesOeve keer uesKeebkeve veerefleeeb yeQke (cetue mebmLee) mes efYevve nw. Fmekes HeYeeJe kes HeceeCe kee GuuesKe mecesefkele efJelleere efJeJejCe ceW vener efoee ieee nw, keeeWefke eyebOeve keer jee ceW en cenlJehetCe& veneR nw.
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 2011 except for Bank of Baroda (Uganda) Ltd.,(including its whollyowned 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 2010. As certified by the Management, there are no significant transactions or other events during 1st January 2011 to 31st March 2011 requiring adjustment therein. 3.1.2 CFS for the year 2010-11 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. 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.
196

4. 31.03.2011 kees meceehle Je<e& kes efvecveefueefKele osMeere Deveg<ebefieeeW kes Keeles kebHeveer DeefOeefveece, 1956 keer Oeeje 619 (4) kes Debleie&le Yeejle kes efveeb$eke SJeb ceneuesKee Hejer#eke keer efHHeefCeeeW kes DeOeOeerve nw : 1) 2) 5. yee@ye kewefHeue ceekexmed efue. yee@ye kee[&med efue.
5. 4.
2010 -11
The accounts of the following domestic subsidiaries for the year ended 31.3.2011 are subject to the comments of Comptroller & Auditor General of India under Section 619(4) of the Companies Act, 1956: 1) 2) BOB Capital Markets Ltd. BOB Cards Ltd.
Hetbpeeriele Heejef#ele efveefOe Hetbpeeriele Heejef#ele efveefOe ceW Deeue mebHeefeeeW kes Hegvecet&ueebkeve kes HeuemJeHe nesves Jeeueer cetueJe=ef SeerSce eefleYetefle efyeeer hej ueeYe (kej SJeb eejef#ele efveefOe ceW DeblejCe kes heeeled) leLee ueIeg / ceOece GeesieeW kes efueS efveee&le efJekeeme HeefjeespeveeDeeW /Deeweesefieke efveee&leeW HeefjeespeveeDeeW nsleg efJeMJe yeQke keer eespeveeDeeW kes Debleie&le Yeejle mejkeej keer DebMeoeve jeefMe Meeefceue nQ.
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 Banks Scheme for Export Development Projects / Industrial Export Projects for small / medium scale industries.
6.
kejeW kes efueS eeJeOeeve
6. 6.1
Provision for Taxes Provision for taxes are arrived at after due consideration of decisions of appellate authorities and advice of Consultant. Tax paid in advance / tax deducted at source is net of provisions and is appearing under Other Assets amounting to `1330.80 Crores, includes `1316.28 Crores of the parent, of which `845.52 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 banks view, duly supported by counsels opinion and / or judicial pronouncements, additions / disallowances made by the Assessing Officer are not sustainable. Certain properties of the Bank are stated at revalued amounts. The gross amount of the revaluation included in premises as at the year-end is `1769.13 Crores (Previous Year `1768.34 Crores) and net of depreciation the revaluation amounts to `1223.90 Crores (Previous year `1321.25 Crores). Break up of Provisions and Contingencies The break-up of provisions and contingencies appearing in Profit & Loss Account is as under: (` kejes[ ceW / ` in Crores) Current Year Previous Year 1081.24 934.74 0.16 1477.22 12.12 224.16 15.00 371.12 3181.02 54.77 1236.09 -380.91 106.81 15.00 78.88 2045.38
6.1 Deeekej kee HeeJeOeeve, DeHeerueere HeeefOekeeefjeeW kes efveCe&eeW kees Oeeve ceW jKeles ngS leLee HejeceMe&oelee kes HejeceMe& mes efkeee ieee nw. 6.2 Deefece he mes Yegieleeve efkeee ieee kej/eesle hej keee ieee kej, eeJeOeeve kes Ghejeble nw SJeb en `Deve DeeefmleeeW' kes lenle `1330.80 kejes[ jKee ieee nw. FmeceW cetue kee `1316.28 kejes[ Meeefceue nw efpemeceW mes `845.42 kejes[ keer jeefMe efJeYeeie eje meceeeesefpele/efJeefYeVe efJeOeeve Je<eeX kes oewjeve yeQke eje Yegieleeve efkeS ieS efJeJeeefole kej ceebieeW kes Yegieleeve mes mebyebefOele nw. Ge ceebieeW kes mebyebOe ceW yeQke eje efkemeer ekeej kee eeJeOeeve DeeJeMeke veneR mecePee ieee nw keeeWefke yeQke keer jee leLee Gmekes keeGbefmeuees keer jee Deewj/DeLeJee veeefeke Iees<eCeeDeeW kes Devegmeej efveOee&jCe kelee& DeefOekeejer eje heefjJeOe&ve DemJeerke=efle Deefveele nw. 7. yeQke keer keg mebheefeeeb hegvecet&efuele jeefMe kes DeeOeej hej oMee&eer ieeer nw. heefjmej kes mebyebOe ceW Je<e& kes Deble leke kegue hegvece&tueve jeefMe `1769.13 kejes[ (efheues Je<e& `1768.34 kejes[) leLee cetueeme kes Ghejeble hegvece&tueve jeefMe `1223.90 kejes[ (efheues Je<e& `1321.25 kejes[) Meeefceue efkeee ieee nw. eeJeOeeveeW SJeb DeekeefmcekeleeDeeW kee Deueie Deueie efJeJejCe ueeYe neefve Keeles ceW oMee&S ieS eeJeOeeveeW SJeb DeekeefmcekeleeDeeW kee Deueie Deueie efJeJejCe efvecveevegmeej nw : efJeJejCe yesKeeles [eues ieS $e+CeeW/SveheerS kes efueS eeJeOeeve hegveie&ef"le ceeveke Je DeJeceeveke KeeleeW ceW yeepe kes meseerHeeFpe nsleg eeJeOeeve osMeiele peesefKece eyebOeve nsleg eeJeOeeve kejeW kes efueS eeJeOeeve (DeemLeefiele kej meefnle) efveJesMe hej cetueeme nsleg eeJeOeeve ceeveke DeeefmleeeW nsleg eeJeOeeve kece&eejer keueeCe Jee nsleg eeJeOeeve Deve pees[
Particulars
6.2
8.
8.
eeuet Je<e&
efJeiele Je<e&
Bad debts written off / Provision made towards NPA Provision towards sacrifice of interest in Restructured standard and sub-standard accounts Provision for Country Risk Management Provision for taxes (including deferred Taxes) Provision for depreciation on investment Provision for standard assets Provision for staff welfare expenses Others Total
197

9. mesieceW efjheesefie (S Sme-17)
2010 -11
9.
Segment Reporting (AS 17) Accounting Standard 17 - Disclosure under Segment Reporting Part A: Primary Segments (` kejes[ ceW / ` in Crores)
uesKee ceeveke - 17 mesiecesv efjHeesefie kes lenle HekeerkejCe Yeeie ke : eeLeefceke mesieceW
efyepevesme mesieceW jepemJe heefjCeece Deveeyebefle Kee& Heefjeeueveiele ueeYe Deeekej efJeefMe< ueeYe / neefve Meg ueeYe Deve metevee mesieceW Deeefmleeeb Deveeyebefle Deeefmleeeb kegue Deeefmleeeb mesieceW oseleeSb Deveeyebefle oseleeSb
Business Segments Revenue Result Unallocated Expense Operating Profit Income taxes
Corporate / Wholesale Treasury Banking 2010-11 2009-10 2010-11 2009-10 5692.51 4695.35 9878.83 7354.94 912.04 1080.59 1537.55 1595.28
^spejer
keeHeexjs/nesuemesue yeQefkebie
Retail Banking 2010-11 6179.83 1548.01 2009-10 5136.75 806.63
efjsue yeQefkebie
Banking & Other Operations 2010-11 2009-10 4049.24 3013.08 2960.48 2856.10
Deve yeQefkebie Heefjeeueve
Total 2010-11 25800.41 6958.08 1047.15 5910.93 1477.22 --4433.71 2009-10 20200.12 6338.60 1923.21 4415.39 1236.09 --3179.30 ----
kegue
kegue oseleeSb Yeeie-Ke - ieewCe mesieceW / Part B : Secondary Segments

efJeJejCe jepemJe Deeefmleeeb
Particulars Revenue Assets Domestic Operations 2010-11 22550.54 272458.10 2009-10 17370.12 212559.80
Extra-ordinary Profit/loss Net Profit Other Information Segment Assets 87263.89 Unallocated Assets Total Assets Segment Liabilities 86230.24 Unallocated Liabilities Total Liabilities
---70849.94 116945.43
---87499.37 55477.24
---46280.92 104074.73
----
77273.96 363761.29 281904.19 2452.48 2372.58 366213.77 284276.77
66925.27 110083.51
82751.72
52206.27
43780.75
84367.41
73240.50 332887.43 266698.24 33326.34 17578.53
366213.77 284276.77 (` kejes[ ceW / ` in Crores) International Operations 2010-11 3249.87 93755.67 2009-10 2830.00 71716.97
osMeere heefjeeueve
Devleje&êre heefjeeueve
kegue / Total
2010-11 25800.41 366213.77 2009-10 20200.12 284276.77
efhheCeer : 1. Yeejleere efjpeJe& yeQke kes eqoMee efveoxMeevegmeej uesKeebkeve ceevekeeW kes Devegheeueve ceW yeQke ves ^spejer Dee@hejsMeve, nesuemesue, efjsue Deewj Deve yeQefkebie heefjeeueveeW kees eeLeefceke keejesyeej mesieceW Deewj osMeere Deewj Devleje&êre kees ieewCe / Yeewieesefueke mesieceW kes he ceW Deheveeee nw. 2. 3. 4. 5. yeQefkebie SJeb Deve heefjeeueveeW ceW Deve yeQefkebie leLee iewj yeQefkebie heefjeeueve Meeefceue nQ. mesieceW jepemJe yeee eenkeeW mes eehle jepemJe kees oMee&lee nw. mesieceW heefjCeece lee kejles mecee, yeQke eje DeheveeF& ieF& DeblejCe cetue efveOee&jCe eCeeueer kees eeesie ceW ueeee ieee nw. eleske mesieceW kes efueS efveeesefpele hetbpeer kees mesieceW keer DeeefmleeeW kes efueS Deevegheeefleke leewj Deeyebefle efkeee ieee nw.
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.
198

10. mebyebefOele heeea ekeerkejCe (SSme-18)
S. No 10. Related Party Disclosures (AS-18)
2010 -11
e. meb. veece / Name
heoveece / Designation
heeefjeefceke / Remuneration
Current Year `
eeuet Je<e&
Previous Year ` * 23,30,494 * 18,74,019 * 13,93,184 3,20,093
efJeiele Je<e&
1 2 3 4
eer Sce.[er.ceuee
Shri M.D.Mallya
DeOe#e SJeb eyebOe efveosMeke hetJe&-keee&keejer efveosMeke keee&keejer efveosMeke keee&keejer efveosMeke
21,87,200 18,37,145 13,57,347
Chairman & Managing Director Ex-Executive Director Executive Director Executive Director * Amount includes arrears on account of VI pay commission and incentives. 11. Earnings per Share (AS-20)
eer Jeer. mevleevejeceve
Shri V.Santhanaraman
Shri Rajiv Kumar Bakshi Shri N.S.Srinath
* Fme jeefMe ceW "s Jesleve Deeeesie kes Deveghe Sefjej jeefMe leLee eeslmeenve jeefMe Meeefceue nw.
11. eefle Mesej Depe&ve (SSme-20)
Current Year i. ii. iii. iv.
eeuet Je<e&
Previous Year 3179.30 364266500 87.28 `10.00
efJeiele Je<e&
FefkeJeer Mesej Oeejke nsleg kej kes yeeo GheueyOe Meg ueeYe (` kejes[es ceW) FefkeJeer MesejeW keer mebKee eefle Mesej yegefveeeoer Je [eeuets[ Depe&ve `10 eleske kes eefle FefkeJeer Debefkele Mesej cetue
Net Profit after tax available for Equity shareholders (` in crores) Number of Equity Shares Basic and diluted earnings per share of `10/- each (`) Nominal Value per Equity Share 12.
4433.71 391546079 121.64 `10.00
12. Deee hej kej keer ieCevee (SSme-22) yeQke leLee Fmekeer Deveg<ebefieeeW ves DeeF&meerSDeeF& eje peejer Deee hej kej keer ieCevee nsleg SSme 22 keer MeleeX kee heeueve efkeee nw leLee leovegmeej DeemLeefiele kej DeeefmleeeW leLee oseleeDeeW kee efveOee&jCe efkeee nw. efJeJejCe
Particulars
Accounting for Taxes on Income (AS-22) the Parent and its subsidiaries have complied with the requirements of AS 22 on Accounting for taxes on income issued by iCAi and accordingly deferred tax assets and deferred tax liabilities are recognized. 31.03.2011 31.03.2010
Deeefmleeeb
Asset
Liability 53.76 216.98 270.74 99.54
oselee
Deeefmleeeb
Asset
Liability 30.67 234.47 0.21 265.35 93.42
oselee
Deeekej DeefOeefveece kes lenle yener cetueeme leLee cetueeme kes yeere Deblej Deeekej DeefOeefveece 1961 keer Oeeje 36(1) (viii) kes lenle keeQefleeeb Deve mebefoiOe $e+Ce SJeb Deefieceebs kes efueS HeeJeOeeve Deeekej DeefOeefveece keer Oeeje 40(S) (DeeF& S) kes lenle Deceeve jeefMe ger vekeoerkejCe nsleg eeJeOeeve pees[ Meg DeemLeefiele oseleeSb kej Deeefmleeeb
Difference between book depreciation and Depreciation under Income Tax Act Deduction under section 36(1)(viii) of the Income-tax Act, 1961 Others Provision for doubtful debts and advances Amount Disallowable U/S 40(a)(ia) of the IT Act Provision for leave encashment Total: Net Deferred Liability / Tax Asset
0.22 0.10 0.10 9.70 161.08 171.2 -
0.16 1.44 0.06 11.32 158.95 171.93 -
199
2010 -11
13. SSme-29 keer MeleeX kes Devegmeej eeJeOeeve mebeueve (Deve kes efueS eeJeOeeveeW kees es[kej), eeJeOeeve Deekeefmceke oseleeSb leLee Deekeefmceke Deeefmleeeb :
13.
Movement of provisions (excluding provisions for others) in terms of AS-29 Provisions, Contingent Liabilities and Contingent Assets: (` kejes[ ceW / ` in crores)
efJeJejCe
Particulars
Legal Cases / Contingencies Salary arrears under negotiation Current Year Previous Year
keevetveer ceeceues / DeekeefmcekeleeSb eeuet Je<e&
vesieesefMeSMeve kes lenle yekeeee Jesleve eeuet Je<e&
efJeiele Je<e&
Current Year 725.00 725.00 -
Previous Year 425.00 300.00 725.00
efJeiele Je<e&
1 Deewue kees Mes<e Je<e& kes oewjeve eoe Je<e& kes oewwjeve Kee& jeefMe 31 ceee& kees Mes<e DeeGHeuees / Devemexveerpe kee mecee 14. Deefleefje ekeerkejCe
Balance as on 1st April Provided during the year Amount used during the year Balance as at 31st March Timing of Outflow / uncertainties 14.
4.87 3.95 8.82
13.48 0.07 8.68 4.87
Outflow on settlement / crystallization 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. During the year, the parent Bank 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 which by 19289 employees, the Group has incurred a liability of `1855.71 Crores. Further, during the 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 has increased by `10.09 Crores. In terms of the requirements of the AS 15 - Employee Benefits, the entire amount of `1865.80 Crores is required to be charged to the Profit and Loss Account. However, the RBI has 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 Prudential Regulatory Treatment, dated 9th February 2011. In accordance with the provisions of the said Circular, the Group has charged an amount of `373.16 Crores (representing one-fifth of `1865.80 Crores) to the Profit and Loss Account. The unrecognised balance amount of `1492.64 Crores (`1865.80 `373.16 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. Had the said Circular not been issued by the RBI, the profit of the Group would have been lower by `1492.64 Crores pursuant to application of the requirements of AS 15. 16. Previous Year Figures: Previous years figures of the group entities have been rearranged / recast / regrouped wherever considered necessary.
efveHeeve / efkemueerkejCe Hej DeeGHeuees
cetue yeQke SJeb Deveg<ebefieeeW keer Deueie-Deueie efJeeere efJeJejefCeeeW ceW eke keer ieF& Deefleefje metevee kee meerSHeSme kes mener SJeb mhe efkeesCe mes mebyebOe veneR nw Deewj meeLe ner Ssmeer ceoeW mes mebyebefOele metevee kees, pees cenlJehetCe& veneR nw, meerSHeSme ceW eke veneR efkeee ieee nw. 15. Je<e& kes oewjeve, cetue yeQke Deewj Gmekes Deveg<ebieer vewveerleeue yeQke efueefces[ ves Gve kece&eeefjeeW kes efueS heWMeve efJekeuhe hegve: Keesuee, efpevneWves henues heWMeve eespevee kees enCe veneR efkeee Lee. 19289 kece&eeefjeeW eje en efJekeuhe enCe kejves kes heefjCeecemJehe 1855.71 kejes[ hees keer oselee me=efpele ngF&. Fmekes Deefleefje Je<e& kes oewjeve mecetn kes kece&eeefjeeW kees ose eseger keer meercee ceW eseger Yegieleeve DeefOeefveece, 1972 ceW mebMeesOeve kes DevegmejCe ceW Je=ef keer ieF& Leer. Fmekes heefjCeecemJehe mecetn keer eseger oselee ye{kej 10.09 kejes[ hees nes ieF&. uesKeebkeve ceeveke 15 kece&eejer ueeYe keer DeeJeMekeleeDeeW kes Devegmeej ueeYe leLee neefve Keeles ceW 1865.80 kejes[ hees keer mecee jeefMe eYeeefjle kejvee Dehesef#ele nw. leLeeefhe Yeejleere efj]peJe& yeQke ves meeJe&peefveke #es$e kes yeQkeeW kes kece&eeefjeeW kes efueS heWMeve efJekeuhe hegve: Keesueves Deewj eseger meerceeDeeW ceW Je=ef efJeJeske meccele efveeeceke JeJenej kes yeejs ceW heefjhe$eebke [eryeerDees[er.yeerheer.yeermeer.80/21.04.018/2010-11 efoveebke 9 HejJejer 2011 kees peejer efkeee nw. Ge heefjhe$e kes eeJeOeeveeW kes Devegmeej mecetn ceW ueeYe-neefve Keeles ceW 373.16 kejes[ hees (1865.80 kejes[ hees kes 1/5 Yeeie kes he ceW) eYeeefjle efkeS nwQ. 1492.64 kejes[ hees (1865.80 kejes[ hees - 373.16 kejes[ hees) keer DeefveOee&efjle Mes<e jeefMe efnmeeye ceW ueer peeSieer Deewj Gmes Ge heefjhe$e ceW efveece yeeer ngF& DeJeefOe ceW efJecege/mesJeeefveJe=e kece&eeefjeeW ceW mebyebefOele keesF& kece&eejer Meeefceue veneR nw. eefo Yeejleere efj]peJe& yeQke ves en heefjhe$e peejer veneR efkeee neslee lees mecetn kee ueeYe uesKeebkeve ceeveke (SSme) - 15 keer DeeJeMekeleeDeeW kees ueeiet kejves kes keejCe 1492.64 kejes[ hees kece nes peelee. 16. efheues Je<e& kes Deebke[s mecetn mebmLeeDeeW kes efheues Je<e& kes Deebke[eW kees peneb DeeJeMeke mecePee ieee, Jeneb hegve: JeJeefmLele / hegveefve&Oeeefjle / hegve: mecetnerke=le efkeee ieee nw.
15.
200
2010 -11
31 ceee& 2011 kees meceehle Je<e& kes efueS veieoer eJeen efJeJejCe
Statement of Consolidated Cash Flow for the year ended 31st March, 2011 (000 Devebefkele omitted)
ke. Heefjeeueve keee&keueeHeebs mes vekeoer HeJeen : kej mes HetJe& Meg ueeYe efvecveefueefKele kes efueS meceeeespeve : Deeue DeeefmleeeW Hej cetueeme efveJesMeeW Hej cetue eme (HeefjHekeJe $e+CeHe$eeW meefnle) yes Keeles ceW [eues ieS DeMeesOe $e+Ce/ iewj efve<Heeoke DeeefmleeeW kes efueS HeeJeOeeve ceeveke DeeefmleeeW kes efueS HeeJeOeeve Deve ceoeW kes efueS HeeJeOeeve Deeue DeeefmleeeW keer efyeeer mes ueeYe /(neefve) ieewCe $e+CeeW Hej yeepe ueeYe/HeeJeOeeve, (Deueie mes efueee ieee) Deveg<ebieer FkeeFeeW/Deve mes HeeHle ueeYeebMe (Deueie mes efueee ieee) GHe pees[ efvecveefueefKele kes ef}S meceeeespeve : efveJesMeeW ceW (Je=ef) / keceer DeefieceeW ceW (Je=ef) / keceer Deve DeeefmleeeW ceW (Je=ef) / keceer GOeej jeefMeeeW ceW Je=ef / (keceer) pecee jeefMeeeW ceW Je=ef / (keceer) Deve oseleeDeeW leLee HeeJeOeeveesb ceW Je=ef /(keceer) Heoe Hele#e kej (efjHeb[ kee Meg) Heefjeeueve keee&keueeHeeW mes Meg vekeoer (ke) Ke. efveJesMe mebyebOeer keee&keueeHeeWW mes vekeoer HeJeen : Deeue DeeefmleeeW keer Kejero Deeue DeeefmleeeW keer efyeeer Deveg<ebieer FkeeFeeW/DeveeW mes HeeHle ueeYeebMe efveJesMe mebyebOeer keee&keueeHeeW mes Meg vekeoer (Ke)
A. Cash flow from operating activities :
Net Profit before taxes Adjustments for: Depreciation on fixed assets Depreciation on investments (including on Matured debentures) Bad debts written-off/Provision in respect of non-performing assets Provision for Standard Assets Provision for Other items (Profit) / loss on sale of fixed assets Payment/provision for interest on subordinated debt(treated separately) Dividend received from subsidiaries/others (treated separately) Sub total 259,70,38 12,11,71 1081,40,04 224,16,04 386,12,58 1267 846,16,11 (21,00,37) 8699,71,68 242,74,55 (38073,81) 989,50,98 106,80,94 93,88,25 (8,27) 559,31,58 (29,18,85) 5997,63,98 5910,92,52 4415,38,61
Adjustments for: (Increase)/Decrease in investments (Increase)/Decrease in advances (increase)/Decrease in other assets Increase/(Decrease)in borrowings Increase/(Decrease) in deposits Increase/(Decrease) in other liabilities and provisions Direct taxes paid (Net of Refund) net cash from operating activities (A) B. Cash flow from investing activities: Purchase of fixed assets Sale of fixed assets Dividend received from subsidiaries/others net cash from investing activities (B)
(376,06,61) 27,12,32 28,46,80 (320,47,49) (366,62,70) 43,05,14 29,18,85 (294,38,71) (10867,30,43) (55454,61,41) (1828,71,14) 6771,68,11 65652,10,34 521,81,66 (1489,04,58) 12005,64,23 (9155,95,27) (33141,91,02) 169,84,70 (777,77,87) 49342,70,88 261,67,48 (1554,68,81) 11141,54,07
201
2010 -11
(000 Devebefkele omitted)

ie. efJeeHees<eCe mebyebOeer ieefleefJeefOeeeW mes vekeoer HeJeen : Mesej hetbpeer Mesej Heerefceece iewj peceeveleer ieewCe yeeb[ ueeYeebMe iewj peceeveleer Heefleose yeeb[eW Hej Heoe /ose yeepe efJeeHees<eCe ieefleefJeefOeeeW mes Meg vekeoer (ie) vekeoer SJeb vekeoer mecelegue (ke)+(Ke)+(ie) ceW Meg Je=ef Je<e& kes eejbYe ceW vekeoer Je vekeoer mecelegue Je<e& kes Deble ceW vekeoer Je vekeoer mecelegue efhheCeer
1 vekeoer leLee vekeoer mecelegue ceW neLe ceW vekeoer,
C. Cash flow from financing activities: Share Capital Share premium Unsecured Subordinated Bonds Dividend Interest paid / payable on unsecured redeemable bonds net cash from financing activities (C) net increase in cash & cash equivalents (A)+(B)+(C) Cash and cash equivalents as at the beginning of the year Cash and cash equivalents as at the end of the year
Notes: Cash & Cash equivalents includes Cash on hand, Balance with RBI & Other banks and Money at call and Short Notice. Components of Cash & Cash Equivalents Cash & Balance with RBI Balances with Banks and Money at Call and Short Notice total 31/3/2011 20394,41,61 31029,31,11 51423,72,72 31/3/2010 14076,06,77 22493,41,15 36569,47,92
272,796 2433,72,03 2202,37,78 (648,13,60) (846,16,11) 3169,08,06 14854,24,80 36569,47,92 51423,72,72
572000 1405,37,98 (383,55,63) (559,31,58) 519,70,77 11366,86,13 25202,61,79 36569,47,92
Yee.efj.yeQ. leLee Deve yeQkeeW kes meeLe Mes<e Deewj ceebie leLee DeuheeJeefOe veesefme hej cege Meeefceue nQ.
2 vekeoer leLee vekeoer mecelegue kes Ieke
Yee.efj.yeQ. kes meeLe vekeoer SJeb Mes<e yeQkeeW kes meeLe Mes<e leLee ceebie SJeb DeuheeJeefOe veesefme hej cege pees[
202
2010 -11
yeQke Dee@]He ye[ewoe keer mecesefkele efJeJejefCeeeW hej uesKee hejer#ekeeW keer efjhees&
mesJee ceW, efveosMeke ceb[ue, yeQke Dee@]He ye[ewoe 1. nceves yeQke Dee@He ye[ewoe (eghe) kes 31 ceee&, 2011 kes mebueive mecesefkele legueve He$e Deewj Gmekes meeLe mebueive Gkele leejerKe kees meceeHle Je<e& kes mecesefkele ueeYe-neefve uesKes Deewj Ge leejerKe kees meceehle mecesefkele vekeoer eJeen efJeJejCeer keer uesKee Hejer#ee keer nw. FveceW efvecveefueefKele kes Keeles Meeefceue efkeS ieS nQ; i. nceejs eje uesKee hejeref#ele yeQke Dee@]He ye[ewoe (o yeQke) kes uesKee hejeref#ele Keeles, ii. Deve uesKee hejer#ekeeW eje uesKee hejere#ele -10- Deveg<ebeieeeW leLee -7f f meneesieer FkeeFeeW, 2 mebege GheeceeW kes uesKee hejeref#ele Keeles, iii. 2 Deveg<ebefieeeW kes DeuesKeehejeref#ele Keeles es efJeeere efJeJejefCeeeb efJeeere HeyebOeve keer efpeccesoejer nQ leLee FvnW HeyebOeve eje Deveg<ebefieeeW leLee meneesieer FkeeFeeW leLee mebege GheeceeW keer Deueie efJeeere efJeJejefCeeeW leLee Deve efJeeere meteveeDeeW kes DeeOeej Hej leweej efkeee ieee nw. nceejer efpeccesoejer Fve efJeeere efJeJejefCeeeW kes yeejs ceW nceejs eje keer ieF& uesKee-Hejer#ee kes DeeOeej Hej cele Jekele kejvee nw. 2. yeQke eje mecesefkele efJeeere efJeJejefCeeeW kees uesKee-ceeveke (SSme)-21 mecesefkele efJeeere efJeJejefCeeeb Deewj uesKee ceeveke (SSme)-23 efJeeere efJeJejCeer ceW Deveg<ebefieeeW ceW efveJesMe nsleg uesKeebkeve leLee uesKee ceeveke (SSme) 27 mebege GheeceeW ceW yeepe keer efJeeere efjheesefie kes DeeOeej Hej Fbmeret Dee@He ee&[ SkeeGbWdme Dee@He Fbef[ee leLee Yeejleere efj]peJe& yeQke eje peejer efoMee-efveoxMeeW kes DevegHe leweej efkeee ieee nw. 3. nceves mecesefkele efJeeere efJeJejefCeeeW keer uesKee-Hejer#ee, Yeejle ceW meeceevele: mJeerkeee& uesKee-Hejer#ee ceevekeeW kes DevegHe keer nw. Fve ceevekeeW kes Devegmeej en DeHesef#ele nw efke nce uesKee-Hejer#ee Fme Hekeej megefveeesefpele Deewj mebHevve kejW efke nceW en leke& mebiele DeeMJeemeve efceues efke es efJeeere efJeJejefCeeeb meYeer Hekeej keer cenlJeHetCe& ieueefleeeW mes cegkele nbw. uesKee-Hejer#ee ceW, peebe DeeOeej Hej Hejer#eCe, jeefMeeeW mebyebefOele HeceeCe Deewj efJeeere efJeJejefCeeeW kee HekeerkejCe Meeefceue nw. uesKee-Hejer#ee ceW HeyebOeve eje, Heegkele uesKeekejCe efmeevleeW kee efveOee&jCe Deewj cenlJeHetCe& Deekeueve Meeefceue nw. FmeceW meceie efJeeere efJeJejefCeeeW kee HemlegleerkejCe cetueebkeve Yeer Meeefceue nQ. nceeje efJeMJeeme nw efke nceejs eje keer ieF& uesKee-Hejer#ee nceejer jee kee leke& mebiele DeeOeej nw. 4. (ke) nceves 12 Deveg<ebeieeeW leLee 2 mebege GeceeW keer uesKee-hejer#ee veneR f keer nw, efpevekeer efJeeere efJeJejefCeeeW ceW 31 ceee& 2011 kees `9084.70 kejes[ keer kegue Deeefmleeeb leLee meceeHle Je<e& keer DeJeefOe kes efueS `1198.58 keje[ kee kegue jepemJe leLee Gkele efoveebke kees meceeHle s Je<e& kes efueS `387.24 keje[ kee vekeoer HeJeen oMee&ee ieee nw leLee s -7- meneesieer FkeeFeeW ves meceeHle Je<e& kes efueS `34.72 kejes[ kee Meg ueeYe HeoefMe&le efkeee nw. (Ke) Ge ceW mes, 2 Deveg<ebefieeeW -yeQke Dee@]He ye[ewoe (yeeslmeJeevee) efueefces[ leLee yeQke Dee@]He ye[ewoe (ef$eefveoeo SJeb esyesiees) efueefces[ kes mebyebOe ceW DeuesKeehejeref#ele efJeeere efJeJejefCeeeW kes DeeOeej hej Deebke[s efoS ieS nQ efpevekeer efJeeere efJeJejefCeeeW ceW 31.03.2011 kees kegue Deeefmleeeb
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 Group) as on 31st March 2011, 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, ii. Audited Accounts of -10- Subsidiaries, -7- Associates and 2 Joint Ventures, audited by other Auditors, iii. Unaudited Accounts of -2- Subsidiaries. These Financial Statements are the responsibility of the Banks 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 Financial Statements based on our audit. 2. These Consolidated Financial Statements have been prepared by the Bank in accordance with the requirements of Accounting Standard (AS) 21 Consolidated Financial Statements, Accounting Standard (AS) 23 Accounting for Investment in Associates in Consolidated Financial Statements and Accounting Standard (AS) 27 Financial Reporting of Interest in Joint Ventures issued by the Institute of Chartered Accountants of India 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. Those 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. 4. (a) We have not audited the Financial Statements of -12- Subsidiaries and -2- Joint Ventures, whose Financial Statements reflect Total Assets of `9084.70 Crores as on 31st March 2011, Total Revenue of `1198.58 Crores and net cash flows amounting to `387.24 Crores for the year ended on that date and -7- Associates reflecting Net Profit of Rs 34.72 Crores for the year ended on that date. (b) Out of the above, figures have been taken on the basis of unaudited financial statements in respect of -2- Subsidiaries, namely Bank of Baroda (Botswana) Ltd. and Bank of Baroda (Trinidad and Tobago) Ltd., whose financial statements reflect total assets of `1240.32 Crores as on 31.03.2011, Total Revenue
203
2010 -11
`1240.32 kejes[ kee GuuesKe nw. Ge Je<e& keer meceeefhle efoveebke kees kegue jepemJe `78.96 kejes[ leLee Meg vekeoer eJeen `54.27
5.
6.
kejes[ Lee. Deheveer jee kees meb%eeve ceW ve uesles ngS, nce efMe[etue 19 kes vees e.15 keer lejHe Oeeve Deekeef<e&le kejles nQ pees yeQke leLee Fmekeer Deveg<ebieer efo vewveerleeue yeQke efue. keer heWMeve oselee DeemLeefiele kejves kes mebyebOe ceW nQ. Fme mebyebOe ceW Yeejleere efj]peJe& yeQke ves meeJe&peefveke #es$e kes yeQkeeW kes kece&eeefjeeW kes efueS heWMeve efJekeuhe Keesueves kes efueS heefjhe$eebke yeerheer. yeermeer./80/21.04.018/2010-11 efoveebke 9 HejJejer, 2011 kees peejer efkeee nw efpemeceW uesKeebkeve ceeveke 15 keer DeeJeMekeleeDeeW kees ueeiet kejves mes b. 1492.64 kejes[ keer jeefMe kees t eoeve keer ieF& nw. nceejer uesKee Hejer#ee SJeb Deve uesKee-Hejer#ekeeW keer Deueie efJeeere efJeJejefCeeeW Deewj IekeeW keer Deve efJeeere metevee leLee nceejer meJeexece peevekeejer Deewj nceW efoS ieS mHe<erkejCe kes Devegmeej nceejer en jee nw efke mebueive mecesefkele efJeeere efJeJejefCeeeb Yeejle ceW meeceevele: mJeerke=le uesKeebkeve efmeevleeW kes Devegmeej JeemleefJeke SJeb mener lemJeerj Hemlegle kejleer nQ. (i) 31 ceee& 2011 kees yeQke, yeQke keer Deveg<ebefieeeW kes keee& JeJenejeW leLee yeQke keer meneesieer kecheefveeeW / mebege GheeceeW kes efnleeW mes mecyebefOele mecesefkele legueveHe$e kes mecyeOe ceW. (ii) Gkele leejerKe kees meceeHle Je<e& kes efueS iegHe kes ueeYe mecyevOeer mecesefkele ueeYeneefve Keeles kes mecyevOe ceW, leLee (iii) Ge leejerKe kees meceehle Je<e& kes efueS eghe kes vekeoer HeJeen mecyevOeer mecesefkele vekeoer HeJeen efJeJejCeer kes mecyebOe ceW.
5.
6.
of `78.96 Crores and net cash flow amounting to `54.27 crores for the year ended on that date. Without qualifying our opinion, we draw attention to Note No.15 of Schedule-19, which describes deferment of pension liability of the Bank and its subsidiary, the Nainital Bank Ltd. to the extent of `1492.64 crores pursuant to the exemption granted by the Reserve Bank of India to the public sector banks from application of the provisions of AS 15, Employee Benefits vide its circular no.BP.BC/80/21.04.018/2010-11 dated February 9, 2011 on Re-opening of Pension Option to Employees of Public Sector Banks. Based on our audit consideration of reports of other auditors on separate financial statements, considerations 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, 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 2011; (ii) in the case of the Consolidated Profit & Loss Account, of the consolidated Profit of the Group for the year ended on that date, and (iii) in the case of Consolidated Cash Flow Statement, of the cash flows of the Group for the year ended on that date.
ke=les DeefMJeveer SC[ SmeesefmeSdme meveoer uesKeekeej SHeDeejSve: 000497 Sve (mebpeerJe veejeeCe) Yeeieeroej Sce. veb.: 84205
For Ashwani & Associates Chartered Accountants FRN: 000497N (Sanjeev Narayan) Partner M. No. 84205
ke=les Sme. kes. kehetj SC[ keb. meveoer uesKeekeej SHeDeejSve: 000745 meer (mebpeerJe kehetj) Yeeieeroej Sce. veb.: 70487
ke=les Sve. meer. yevepeea SC[ keb. meveoer uesKeekeej SHeDeejSve: 302081 F& (yeer. kes. efyemJeeme) Yeeieeroej Sce. veb.: 055623
For N. C. Banerjee & Co. Chartered Accountants FRN: 302081E (B. K. Biswas) Partner M. No. 055623
ke=les nefjYeefe SC[ keb. meveoer uesKeekeej SHeDeejSve: 103523 [yuet (jekesMe je"er) Yeeieeroej Sce. veb.: 045228
ke=les efKecepeer kegbJejpeer SC[ keb. meveoer uesKeekeej SHeDeejSve: 105146 [yuet (ieewlece Meen) Yeeieeroej Sce. veb.: 117348
ke=les yeeee SC[ keb. meveoer uesKeekeej SHeDeejSve: 000511 Sme (kes. efpeleW kegceej) Yeeieeroej Sce. veb.: 201825
204
2010 -11
meer F& Dees / meer SHe Dees eceeCeerkejCe
efveosMeke ceC[ue yeQke DeeHe ye[ewoe cegcyeF& efee cenesoe, efJe<ee : Je<e& 2010-11 kes efueS meer F& Dees / meer SHe Dees eceeCeerkejCe-mecesefkele meteeryelee kejej keer Oeeje 49 keer Devegheeuevee mJehe nce Sleod eje eceeefCele kejles nQ efke ke. nceves Je<e& 2010-11 keer efJeeere efJeJejCeer leLee vekeoer eJeen efJeJejCeer (mecesefkele) keer meceer#ee keer nw leLee nceejer DeefOekelece peevekeejer SJeb efJeeeme kes Devegmeej :
i.
Fve efJeJejefCeeeW ceW keesF& efJe<eeiele DeeLeeLe& DeefYekeLeve veneR nw DeLeJee keesF& efJe<eeiele leLe efheeee veneR ieee nw DeLeJee FveceW keesF& Yeeceke DeefYekeLeve Meeefceue veneR efkeee ieee nw. nQ.
ii. es DeefYekeLeve / efJeJejCe yeQke kes keee&keueeheeW kee mener SJeb mhe efkeesCe emlegle kejles nQ leLee es efJeeceeve uesKee ceevekeeW, ueeiet efveeceeW SJeb efJeefveeceeW kes Deveghe
Ke. nceejer peevekeejer SJeb efJeeeme kes Devegmeej Je<e& kes oewjeve yeQke eje Ssmes keesF& mebJeJenej veneR efkeS ieS pees OeesKeeOe[er ceW efuehle nes, iewj keevetveer nes DeLeJee yeQke keer Deeeej mebefnlee kes efJe nes ie. nce efJeeere efjheesefie mes mecye Deevleefjke efveev$eCeeW kee hetCe& oeefelJe mJeerkeej kejles nQ. nce en Yeer mJeerkeej kejles nQ efke nceves efJeeere efjheesefie keer Devleefjke efveev$eCe eCeeueer keer eYeeJeMeeruelee kee cetueebkeve / Deekeueve efkeee nw leLee nceves uesKee hejer#ekeeW Deewj uesKee meefceefle kees Deevleefjke efveev$eCeeW kes heefjeeueve SJeb mJehe mes mecye keefceeeW eefo keesF& nw DeLeJee pees nceejs DeefYe%eeve ceW nQ SJeb nceves FvnW otj kejves kes efueS pees Gheee efkeS nQ ee emleeefJele nw, keer peevekeejer os oer nw. Ie) nceves uesKee hejer#ekeeW leLee uesKee hejer#ee meefceefle kees efvec>efueefKele mes DeJeiele kejeee nw.
i.
Je<e& kes oewjeve efJeeere efjheesefie kes meboYe& ceW Deevleefjke efveev$eCe JeJemLee ceW cenlJehetCe& heefjJele&ve
ii. Je<e& kes oewjeve uesKee veerefleeeW ceW cenlJehetCe& heefjJele&ve leLee Fvekee GuuesKe efJeeere efJeefMeefeeW kes veesdme / efhheefCeeeWb ceW kej efoee ieee nw iii. nceejer peevekeejer ceW DeeS OeesKeeOe[er mecyebOeer efJeefMe ceeceues leLee GveceW eyevOeve DeLeJee efkemeer kece&eejer keer mebefuehlelee efpemekeer efJeeere efjheesefie Yeer Deevleefjke
efveev$eCe eCeeueer ceW Dence Yetefcekee nes.
Jeer. kes. ieghlee ceneeyevOeke (keeheexjs Keeles, kejeOeeve SJeb cegKe Devegheeueve DeefOekeejer - Yeejleere efj]pe&Je yeQke) Deefleefje eYeej-Deveg<ebieer Je DeeF&yeerDees efoveebke : 27 ceF& 2011 mLeeve : cegbyeF&
Sce. [er. ceuee DeOe#e SJeb eyebOe efveosMeke
205
2010 -11
CEO / CFO CERTIFICATION
Board of Directors, Bank of Baroda Mumbai Dear Sirs,
Re : CEO/CFO Certification for the year 2010-11- Consolidated Pursuant to Clause 49 of the Listing Agreements, we hereby certify that: a. We have reviewed financial statements and the cash flow statement for the year 2010-11 (Consolidated) and that to the best of our knowledge and belief: i. ii. b. c. These statements do not contain any materially untrue statement or omit any material fact or contain statements that might be misleading: These statements together present a true and fair view of the Banks affairs and are in compliance with existing accounting standards, applicable laws and regulations.
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 Banks code of conduct. 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. We have indicated to the Auditors and the Audit Committee. i. ii. iii. Significant changes in internal control over financial reporting during the year. Significant changes in accounting policies during the year and that the same have been disclosed in the notes to the financial statements and 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 Banks internal control system over financial reporting.
d.
V. K. Gupta General Manager (Corp.A/c, Taxation & CCO - RBI) (Addl. Charge Subs & IBO)
Date : 27th May 2011 Place : Mumbai
206
Heece& yeer
(MesejOeejke eje Yeje SJeb nmlee#ej efkeee peeS) 15JeeR Jeeef<e&ke meeceeve yew"ke meesceJeej, 4 pegueeF&, 2011
Hee@kemeer - Heece&
Hebpeerke=le Heesefueees e. [erHeer DeeF&[er e.* ieenke DeeF&[er e.* (Fueskeêsefveke he ceW Mesej jKeves Jeeues meomeeW kes efueS ueeiet) ceQ/nce efpeuee jepe eer/eerceleer efveJeemeer jepe efveJeemeer efpeuee efpeuee kees DeLeJee Gvekeer DevegHeefmLeefle ceW eer/eerceleer yeQke Dee]@He ye[ewoe kee/kes MesejOeejke nesves kes veeles Sleodeje efveJeemeer
jepe kees meesceJeej, 4 pegueeF&, 2011 kees eele: 10.30 yepes mej meeepeerjeJe veiejie=n, Je[esoje ceneveiej mesJee meove, yeQke Dee@]he ye[ewoe Meleeyoer Je<e& (2007-2008), erheer 1, Sheheer 549/1, peerF&yeer kee@ueesveer kes heeme Deesu[ heeoje jes[, Dekeese-Je[esoje - 390 020. ceW ee Fmekeer mLeefiele leejerKe kees yeQke Dee]@He ye[ewoe kes MesejOeejkeeW keer nesves Jeeueer 15JeeR Jeeef<e&ke meeceeve yew"ke ceW cesjer/nceejer Deesj mes yew"ke ceW Yeeie uesves Deewj Jees osves kes efueS Hee@kemeer efveegkele kejlee/kejleer ntb/kejles nQ. ke=heee 15 hewmes leejerKe ceen 2011 kees nmlee#eefjle kee jepemJe efke eneb ee@kemeer kes nmlee#ej ueieeeW veece (mhe De#ejeW ceW) : helee : eLece MesejOeejke / Skeue MesejOeejke kes nmlee#ej
Hee@kemeer Heece& Hej nmlee#ej kejves SJeb Hemlegle kejves mebyebOeer DevegosMe 1. Hee@kemeer keer keesF& efueKele leye leke JewOe veneR ceeveer peeSieer peye leke efke : (ke) en Jeweefkeleke MesejOeejke kes ceeceues ceW, MesejOeejke eje ee Gmekes eje efJeefOeJele efueefKele He ceW HeeefOeke=le Gmekes Deveea eje nmlee#eefjle ve nes. (Ke) mebegkele OeejkeeW kes ceeceues ceW, en jefpemj ceW ope& HeLece MesejOeejke eje ee Gmekes eje efJeefOeJeled efueefKele He ceW HeeefOeke=le Gmekes Deveea eje nmlee#eefjle ve nes. (ie) efvekeee keeHeexjs kes ceeceues ceW, efJeefOeJele efueefKele He ceW HeeefOeke=le Fmekes DeefOekeejer DeLeJee Deveea eje nmlee#eefjle ve nes. yeMelex efke Hee@kemeer efueKele efkemeer MesejOeejke eje mecegefele He mes nmlee#eefjle nesvee eeefnS efkebleg eefo efkemeer keejCeJeMe MesejOeejke DeHevee veece efueKeves ceW DemeceLe& nQ Deewj Gmekes Debiet"s kee efveMeeve Jeneb ueiee nw, lees en veeeeOeerMe, cewefpem^s, jefpemêj ee GHejefpemêj Dee@He SMeesjsvmesme ee efkemeer Deve mejkeejer jepeHeef$ele DeefOekeejer ee yeQke Dee@He ye[ewoe kes efkemeer DeefOekeejer eje mee#eebefkele nesvee eeefnS. 2. keesF& Yeer Hee@kemeer leye leke JewOe veneR nesieer peye leke Fme Hej efJeefOeJeled jepemJe efke ve ueieer nes Deewj Fmes yeQke kes HeOeeve keeee&uee, kesJeeF&meer SJeb SSceSue efJeYeeie, HeOeeve keeee&uee, Dee"Jeeb leue, metjpe Hueepee -1, meeepeeriebpe, Je[esoje 390 005 ceW yew"ke keer efveele leejerKe mes kece mes kece eej efove henues DeLee&led yegOeJeej, 29 petve, 2011 kees meeeb 5:00 yepes yeQke keer keee& meceeefHle leke ee Fmemes HetJe& pecee ve kejeee ieee nes. Fmekes meeLe Gme cegKleejveecee ee Deve HeeefOekeej (eefo keesF& nes) efpemekes lenle Fmes nmlee#eefjle efkeee ieee nes ee Gme cegKleejveecee keer Heefle ee HeeefOekeej keer Heefle efpemes veesjer Heefyueke ee cewefpem^s eje mele HeceeefCele efkeee ieee nes, kees pecee ve kejeee ieee nes, Ssmee cegKleejveecee ee Deve HeeefOekeej, yeQke ceW henues pecee Deewj Hebpeerke=le nesvee eeefnS. 3. Hee@kemeer keer keesF& Yeer efueKele leye leke efJeefOeceeve veneR nesieer, peye leke Jen Heece& - yeer ceW ve nes. 4. yeQke kes Heeme pecee keer ieF& Hee@kemeer keer efueKele DeHeefjJele&veere Deewj Debeflece nesieer. 5. efJekeuHe kes leewj Hej oes mJeerke=le JeefkeleeeW kes He#e ceW oer ieF& Hee@kemeer efueKele kes ceeceues ceW, Ske mes DeefOeke Heece& efve<Heeefole veneR efkeee peeSiee. 6. Hee@kemeer keer efueKele kees efve<Heeefole kejves Jeeuee MesejOeejke mebyebefOele yew"ke ceW Jeefkeleiele He mes celeoeve kee nkeoej veneR nesiee. 7. efkemeer Yeer Ssmes Jeefkele kees eLeeefJeefOe HeeefOeke=le HeefleefveefOe DeLeJee Hee@kemeer efveegkele veneR efkeee peeSiee pees yeQke Dee@]He ye[ewoe kee DeefOekeejer DeLeJee kece&eejer nes. 8. Hee@kemeer Heece& ceW efkees ieS meYeer HeefjJele&ve eLeeefJeefOe eceeefCele nesves eeefnS.
Form B (To be filled in and signed by the Shareholder)
PROXY FORM

Monday 04th July 2011
Regd.Folio No. I / We
resident of in the district of
in the State of Shri/Smt. resident of in the State of resident of
being a shareholder / shareholders of Bank of Baroda, hereby appoint
in the district of or failing him/her, Shri/Smt. in the district of
in the state of as my/our proxy to vote for me/us and on my/our behalf at the 15th ANNUAL GENERAL MEETING of the Shareholders of BANK OF BARODA to be held on the Monday, 04th July 2011, 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 390 020 and at any adjournment thereof. Signed this Signature of Proxy Name
(In Block Letters)
day of
2011 Affix (15 paise) Revenue Stamp Signature of first named/sole Shareholder
Address
INSTRUCTIONS FOR SIGNING AND LODGING THE PROXY FORM 1. 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 or b. 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 or c. 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 I, Sayajiganj, Vadodara 390 005, not less than 4- days before the date fixed for the meeting i.e. on or before the closing hours of the Bank at 5.00 p.m. on Wednesday, 29th June 2011, 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 Form B. 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.
DP.ID No*. Client ID No.* _____________________ (* Applicable for members holding shares in electronic form)
GHeefmLeefle Heeea
15JeeR Jeeef<e&ke meeceeve yew"ke
efoveebke mLeeve meesceJeej, pegueeF& 4, 2011 mej meeepeerjeJe veiejie=n, Je[esoje ceneveiej mesJee meove, yeQke Dee@]he ye[ewoe Meleeyoer Je<e& (2007-2008), erheer 1, Sheheer 549/1, peerF&yeer kee@ueesveer kes heeme, Deesu[ heeoje jes[, Dekeese-Je[esoje - 390 020
hetje veece (mhe De#ejeW ceW) MesejeW keer mebKee Heesefueees meb.
(Yeewefleke he ceW nesefu[bie nsleg)
[erheer DeeF&[er / ieenke DeeF&.[er.mebKee

(Fueskeê@efveke he ceW nesefu[bie nsleg)
GHeefmLele MesejOeejke/ Hee@kemeer / HeefleefveefOe kes nmlee#ej efhheCeer : 1. yew"ke ceW Yeeie uesves kes Fgke meome/ee@kemeer Oeejke Deheves meeLe GheefmLeefle heeea DeJeMe ueskej DeeSb Deewj Fmes efJeefOeJele he mes Yejkej leLee nmlee#ej kejkes eJesMe ej hej meghego& kej oW. 2. yew"ke ceW Yeeie uesves kes Fgke meome / ee@kemeer Oeejke kees, yew"ke ceW meboYe& nsleg Deheveer Jeeef<e&ke efjhees& keer eefle Deheves meeLe ueskej Deeveer eeefnS. (yew"ke keer mecemle keee&Jeener kes oewjeve DeHeves Heeme jKeW) Heesefueees meb.
(Yeewefleke he ceW nesefu[bie nsleg)
HeJesMe He$e
[erheer DeeF&[er / ieenke DeeF&.[er.

(Fueskeê@efveke he ceW nesefu[bie nsleg)
hetje veece (mhe De#ejeW ceW) MesejeW keer mebKee efhheCeer : 1. MesejOeejkeeW/Hee@kemeer DeLeJee MesejOeejkeeW kes HeefleefveefOe mes DevegjesOe nw efke Jes yew"ke mLeue hej HeJesMe HeeHle kejves kes efueS yeQke ceW Hebpeerke=le vecetvee nmlee#ej kes Deveghe eLeeefJeefOe nmlee#eefjle Gkele GHeefmLeefle Heeea Deewj HeJesMeHe$e Ske meeLe Hemlegle kejW. 2. leLeeefHe, HeJesMe keer Devegceefle, meleeHeve / peebe, pewmee DeeJeMeke mecePee peeSiee, kes DeOeerve nesieer. 3. efkemeer Yeer HeefjefmLeefle ceW, yew"ke kes HeJesMeej Hej keesF& [gHueerkes GHeefmLeefle Heeea peejer veneR keer peeSieer.
ATTENDANCE SLIP
Date Place Monday, 4th July 2011 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 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 Notes: 1. 2. 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. Member / proxy holder wishing to attend the meeting should bring his/her copy of the Annual Report for reference at the meeting.
ENTRY PASS
(To be retained throughout the meeting)
Folio No. (for holding in physical form) DP ID / Client ID No. (for holding in electronic form) Full Name (In Bock Letters)
Notes: 1. 2. 3.
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. The admission will, however, be subject to verification / checks, as may be deemed necessary. Under no circumstances, any duplicate attendance slip will be issued at the entrance to the meeting.
No. of Shares
Fueskeê@efveke meceeMeesOeve mesJee (pecee meceeMeesOeve) FefkeJeer MesejeW hej ueeYeebMe kes Yegieleeve kes efueS F&meerSme DeefOeosMe 1. eLece MesejOeejke kee veece (mhe De#ejeW ceW) 2. helee : : : : : : : : : : : : : yeele yeQke eeuet vekeo GOeej
yeQke Dee@]He ye[ewoe
3. MesejOeejke keer Heesefueees mebKee (Yeewefleke he ceW nesefu[bie nsleg) [er. heer. DeeF&[er / eenke DeeF&[er mebKee (Fueskeêsefveke he ceW nesefu[bie nsleg)
4. yeQke Keeles kee efJeJejCe ke. yeQke kee veece Ke. MeeKee kee veece SJeb Menj kee efheve kees[ ie. Ie. [. e. Keelee mebKee (pewmee efke eske yegke ceW efoee ieee nw) Keeles kee mJehe (ke=heee efke kejW) (yeele yeQke Keelee/eeuet Keelee ee vekeo-GOeej Keelee) yeQke Keeles keer uespej Heesefueees mebKee (eefo eske yegke hej Debefkele efkeee pee jne nes) yeQke eje peejer ceeFkej eske ceW cegefle yeQke Deewj MeeKee keer 9 Debkeere kees[ meb.
5. ke=heee heneeve kes eceeCe mJehe Deheves hewve kee[& keer mJeeb eje meleeefhele Heeses eefle leLee kees[ mebKee keer melelee keer peebe kes efueS Deheves Gheeg&e Keeles mes mebyebefOele, Deehekes yeQke eje peejer eske kes hevves keer Heeses keeheer / keesje j efkeee ieee eske mebueive kejW Iees<eCee ceQ Sleodeje en Ieesef<ele kejlee/leer ntb efke Gheeg&e efJeJejCe mener Je hetCe& nQ. eefo DehetCe& peevekeejer kes keejCeeW mes uesveosve ceW osjer nesleer nw ee en eYeeJeer veneR neslee nw lees ceQ yeQke Dee@]He ye[ewoe kees efpeccesoej veneR "njeTbiee/ieer. mLeeve : efoveebke : eLece Oeejke kes nmlee#ej
efhheCeer : 1. 2. eefo Mesej Fueskeê@efveke he ceW jKes ieS nQ : ke=heee Heece& hetCe&leee Yej kej Fme hej nmlee#ej kejW leLee Fmes Deeleve kejves nsleg Dehesef#ele omleeJespeeW meefnle Deheves eefleYeeieer ef[hee@efpejer kees emlegle kejW. eefo Mesej Yeewefleke he ceW jKes ieS nQ : ke=heee Heece& hetCe&leee Yej kej Fme hej nmlee#ej kejW leLee Fmes Dehesef#ele omleeJespeeW meefnle jefpemêj SJeb êbmeHej SpeW (DeejerS) DeLee&le cewmeme& keeJeea kebhetjMesej ee. efue., huee@ veb. 17-24, efJeuejeJe veiej, ceeOeehegj, nwojeyeeo-500 081 DeLeJee yeQke Dee@]He ye[ewoe, efveJesMeke mesJeeSb efJeYeeie, eLece leue, ye[ewoe keeheexjs meWj, meer-26 peer yuee@ke, yeebe keguee& keecheueskeme, yeebe (hetJe&), cegbyeF&-400 051 kes heles hej Yespe oW.
BANK OF BARODA
Electronic Clearing Service (Credit Clearing) ECS Mandate for Payment of Dividend on Equity Shares
1. 2.
First Shareholders Name (in Block Letters) Address
3. 4.
Shareholders Folio number (for holding in physical form) D. P. ID / Client ID number (for holding in electronic form) : Particulars of Bank Account A. B. C. D. E. F. Bank Name Branch Name & City Pin Code Account No. (as appearing on the cheque book) Account Type (please Tick) : (SB Account / Current A/c. or Cash Credit A/c) Ledger Folio number of Bank Account (if appearing on the cheque book) 9 Digit Code No. of the Bank & Branch appearing on the MICR Cheque issued by the Bank : : : SB Current Cash Credit : : :
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:
Note: 1. 2. 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. 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, Investors Services Dept. 1st Floor, Baroda Corporate Centre, C-26, G-Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051.
Date:
Signature of the First Holder
efhheCeer / NOTES
efhheCeer / NOTES
2010 -11
hegjmkeej SJeb mecceeve / Awards and Accolades
efyepevesme mQ[[& eje o yeQkej Dee@]He o F&ej-2010 hegjmkeej.

The Banker of the Year - 2010 Award by Business Standard.
HeeFveeefvmeeue Skemeesme eghe eje yesm heefyueke meskej yeQke-2010 (jQke-~~)

Best Public Sector Bank 2010 (Rank-II) by Financial Express Group.
owefveke Yeemkej eghe ([erSveS) eje Fbef[ee eeF[ SJee[& - HeeFveeefvmeeue meefJe&mesme 2010 (efmeuJej)
India Pride Award - Financial Services 2010 (Silver) by Dainik Bhaskar Group (DNA).
efyepevesme Fbef[ee yesm yeQke SJee[&-2010

Business India Best Bank Award 2010.
Yeejleere yeQke mebIe eje yesm skeveesuee@peer yeQke SJee[& 2010 (jvej Dehe)
Best Technology Bank Award 2010 (Runner Up) by IBA.
efnleOeejke kees ueeYeebMe / Dividend to Stakeholder
www.bankofbaroda.com
efJeeere Je<e& 2009-10 kes efueS Yeejle mejkeej kees ueeYeebMe kee Yegieleeve
Payment of Dividend to Govt. of India for Financial Year 2009-10

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