Presentation on Performance

SEPTEMBER 2010

WELCOME TO
ANALYSTS’ & INVESTORS’
Consistent Growth
All The Way
 A Brief History
¾ 1865 : Founded by a group of Europeans at
Allahabad,
¾ 1920 : Passed into the fold of P & O Banking
Corporation (POBC),
¾ 1923 : Head Office shifted to Kolkata,
¾ 1927 : Chartered Bank took over (POBC) –
Allahabad Bank became a subsidiary of
Chartered Bank,
¾ 1965 : Centenary Celebration – 100th Branch
at Ranchi,
¾ 1969 : Nationalization - Business – Rs.196 crore
Dep. – Rs.114 crore, Adv. – Rs.82 crore,
¾ 2002 : Initial Public Offer – Rs.100 crore,
¾ 2005 : Follow on Public Offer – Rs.100 crore,
THE OLDEST JOINT STOCK BANK IN THE COUNTRY
 A Profile
Total Business : Rs. 196816 crore,
Total Deposits : Rs. 113633 crore,
Credit : Rs. 83183 crore,
Investment : Rs. 38938 crore,
Operating Profit : Rs. 2,549 crore (FY,2009-10)
: Rs. 1,486 crore (HY,2010-11)
Net Profit : Rs. 1,206 crore (FY,2009-10)
: Rs. 750 crore (HY,2010-11)
Number of Branches : 2364
International Operations : Representative Office at
Shenzhen, China (2006)
Branch at Hong Kong (2007)
Subsidiary : AllBank Finance Ltd. (1991)
Joint Venture : Universal Sompo General
Insurance Company (2006)
ASREC
Regional Rural Banks : 2 (1 in UP & 1 in MP)
 Domestic Branch Network
RURAL SEMI-URBAN URBAN METROPOLITAN

450 980 Branches 2364

19.0% 41.5%
as on 30.9.2010

500
21.2%
434 Branch Expansion
18.4%
2500 Branches 130
Expansion 2259 2286 110
2250 2154
1999 2060 105 90
61 94
2000 70
64 50
1750 27
30
1500 10
FY'06 FY'07 FY'08 FY'09 FY'10
 Profit
Rs. in crores
Variation
Q2' Q2' Q1'
Sl. Parameters Q2'11 over Q2'10
FY2010 FY2011 FY2011
Amt. (%)
1 Interest Income 2047 2637 2403 590 28.84
2 Interest Expenses 1443 1668 1553 224 15.54
3 NII (Spread) (1-2) 603 969 850 366 60.66
4 Other Income 405 345 299 -60 -14.84
5 Operating Expenses 358 532 444 174 48.62
6 Contribution (4-5) 47 -188 -146 -234 502.81
7 Operating Profit (3+6) 650 782 705 132 20.26
8 Provisions 316 379 357 63 19.83
9 Net Profit 334 403 347 69 20.68
 Profit Excl. Trading Profit
Rs. in crores

Variation
Q2' Q2' Q1'
Sl. Parameters Q2'11 over Q2'10
FY2010 FY2011 FY2011
Amt. (%)
1 Operating Profit 650 782 705 132 20.26

2 Investment Trading Profit 168 38 90 -130 -77.64

Operating Profit from Core
3 482 744 615 262 54.40
Activities

Variation
Q2' Q2' Q1'
Sl. Parameters Q2'11 over Q2'10
FY2010 FY2011 FY2011
Amt. (%)
1 Net Profit 334 403 347 69 20.68

2 Investment Trading Profit 168 38 90 -130 -77.64

Net Profit from Core
3 166 365 257 199 120.42
Activities
 Provisions
Rs. in crores

Q2' Q2' Q1'

Sl. Particulars
FY2010 FY2011 FY2011
1 Bad & Doubtful Debts 170.66 225.00 70.00

2 Standard Advance 0.22 23.35 12.65

3 Depreciation on Inv. 17.67 3.56 1.95

4 Income Tax 122.40 107.53 206.39

5 Others 5.30 19.52 66.45

6 Total Provision 316.25 378.96 357.44

 Break-up : Income
Rs. in crores
Variation
Q2' Q2' Q1'
Sl. Parameters Q2'11 over Q2'10
FY2010 FY2011 FY2011
Amt. (%)
1 Interest on Advances 1581 1984 1811 403 25.49

2 Interest on Investments 459 631 582 172 37.43

3 Other Interest Income 7 22 11 15 215.14

4 Interest Income (1+2+3) 2047 2637 2403 590 28.82

Non-Fund Non-Interest
5 182 213 170 31 16.87
Inc.
6 Trading Profit 168 38 90 -130 -78
Income from Liquid
6a 122 11 42 -111 -90.77
Mutual Fund
6b Normal Trading Profit 46 26 48 -20 -42.80

7 Other Income 55 94 38 39 71.76

8 Total Income (4+5+6+7) 2452 2982 2702 530 21.60

 Fee based Income
Rs. in crore

Sl. Q2' Q2' Q1'

Particulars
No. FY2010 FY2011 FY2011

1 Bills 12 13 11

2 LC/BG 35 44 60

3 Locker Rent 3 4 15

4 Processing Fees 70 71 34

5 Exchange 19 19 16

6 Others 42 62 34

7 Total 182 213 170

 Break-up : Expenditure
Rs. in crore
Variation
Q2' Q2' Q1'
Sl. Parameters Q2'11 over Q2'10
FY2010 FY2011 FY2011
Amt. (%)
1 Interest Paid on Deposits 1352 1568 1454 216.03 15.98

2 Intt. Paid on Borrowings 92 100 98 8.26 9.01

3 Total Interest Paid (1+2) 1443 1668 1553 224.29 15.54

4 Establishment Expenses 224 350 285 126.12 56.25

5 Other Operating Expenses 134 182 159 48.05 35.86

6 Operating Expenses (4+5) 358 532 444 174.17 48.62

7 Total Expenses (3+6) 1802 2200 1997 398.46 22.12

 Cost & Yield Ratios

Q2' Q2' Q1'

Sl. Parameters
FY2010 FY2011 FY2011

1 Cost of Deposit (%) 6.30 5.74 5.60

2 Cost of Borrowings (%) 8.01 6.37 6.57
3 Cost of Fund (%) 6.39 5.77 5.66
4 Yield on Advances (%) 10.84 10.35 10.32
5 Yield on Investment (%) 7.10 6.93 6.84
6 Yield on Fund (%) 8.92 9.04 8.77
7 Net Interest Margin (%) 2.84 3.34 3.10
 Profitability Ratios

Q2' Q2' Q1'

Sl. Parameters
FY2010 FY2011 FY2011

1 Return on Assets (%) 1.33 1.28 1.16

2 Return on Networth (%) 24.50 25.03 22.91
3 Operating Profit to AWF (%) 2.59 2.49 2.36
4 Cost to Income Ratio (%) 35.54 40.52 38.67
5 Estab. Exp. to Total Exp. (%) 12.45 15.92 14.28
6 Operating Exp. to AWF (%) 1.43 1.69 1.49
7 Book Value Per Share (Rs) 145.19 167.90 159.02
8 Earnings per share (Rs) 7.47 9.01 7.77
9 Return on Capital (%) 298.72 360.48 310.85
 Quarterly Net Interest Margin
in per cent

4.0
3.5 3.24 3.34
2.97 3.00 3.10
2.70 2.84 2.97 3.00
3.0 2.60
2.5 2.32
2.0 Net Interest Margin (%)
1.5
1.0
0.5
0.0
09
Se 8

Se 0
08

M 8

D 9

M 9

10
Ju 8

Ju 0
'0

'1
'0

'0
'0

'0

'1
p'

p'

p'
n'
ne

ne
ec

ec
ar

ar

ar
Se
Ju
M

NIM FOR FY 2009 : 2.88 NIM FOR FY 2010 : 2.94

NIM FOR HY 2010 : 2.92 NIM FOR HY 2011 : 3.27
 Profit: Half Year ended Sep’10
Rs. in Crores
Variation
Sl. Parameters Sep'09 Sep'10 Mar'10 Y-O-Y
Amt. (%)
1 Interest Income 4055 5040 8369 985 24.30

2 Interest Expenses 2823 3221 5719 398 14.08

3 NII (Spread) (1-2) 1232 1820 2650 588 47.69

4 Other Income 774 643 1516 -131 -16.89

5 Operating Expenses 766 977 1618 211 27.51

6 Contribution (4-5) 8 -333 -102 -341 -4267.9

7 Operating Profit (3+6) 1240 1486 2549 246 19.85

8 Provisions 604 736 1342 132 21.92

9 Net Profit 636 750 1206 114 17.88

 Profit Excl. Trading Profit: HY Sep’10
Rs. in crores
Variation
Sl. Parameters Sep'09 Sep'10 Mar'10 Y-O-Y
Amt. (%)
1 Operating Profit 1240 1486 2549 246.11 19.85
2 Investment Trading Profit 382 128 577 -254.74 -66.63
Operating Profit from Core
3 858 1359 1972 500.85 58.40
Activities

Variation
Sl. Parameters Sep'09 Sep'10 Mar'10 Y-O-Y
Amt. (%)
1 Net Profit 636 750 1206 113.73 17.88

2 Investment Trading Profit 382 128 577 -254.74 -66.63

Net Profit from Core
3 254 622 630 368.47 145.26
Activities
 Provisions: : Half Year ended Sep’10
Rs. in Crores

Sl. Particulars Sep'09 Sep'10 Mar'10

1 Bad & Doubtful Debts 421.66 295.00 830.21

2 Standard Advance 1.68 36.00 2.85

3 Depreciation on Inv. -197.01 5.51 -102.44

4 Income Tax 370.53 313.92 565.30

5 Others 7.16 85.97 46.30

6 Total Provision 604.02 736.40 1342.22

 Income : Half Year ended Sep’10
Rs. in Crores
Variation
Sl. Parameters Sep'09 Sep'10 Mar'10 Y-O-Y
Amt. (%)
1 Interest on Advances 3139 3795 6398 655 20.88
2 Interest on Investments 901 1212 1945 311 34.51
3 Other Interest Income 14 33 26 19 131.53
4 Interest Income (1+2+3) 4055 5040 8369 985 24.30
5 Non-Fund Non-Interest Inc. 328 383 697 55 16.60
6 Trading Profit 382 128 577 -255 -66.63
Income from Liquid Mutual
6a 171 54 316 -117 -68.49
Fund
6b Normal Trading Profit 212 74 260 -138 -65.13
7 Other Income 64 133 242 69 108.83
8 Total Income (4+5+6+7) 4829 5683 9885 854 17.69
 Fee based Income : Half Year ended Sep’10
Rs. in crore

Sl.
Particulars Sep'09 Sep'10 Mar'10
No.

1 Bills 23 24 48

2 LC/BG 70 104 151

3 Locker Rent 18 19 24

4 Processing Fees 104 105 229

5 Exchange 34 36 75

6 Others 81 95 171

7 Total 328 383 697

 Expenditure : Half Year ended Sep’10
Rs. in crores
Variation
Sl. Parameters Sep'09 Sep'10 Mar'10 Y-O-Y
Amt. (%)
1 Interest Paid on Deposits 2650 3022 5342 372 14.06

2 Intt. Paid on Borrowings 173 198 376 25 14.74

3 Total Interest Paid (1+2) 2823 3221 5719 398 14.10

4 Establishment Expenses 496 636 1011 139 28.07

5 Other Operating Expenses 270 341 606 71 26.39

6 Operating Expenses (4+5) 766 977 1618 211 27.48

7 Total Expenses (3+6) 3589 4197 7337 608 16.96

 Cost & Yield Ratios : Half Year ended Sep’10

Sl. Parameters Sep'09 Sep'10 Mar'10

1 Cost of Deposit (%) 6.19 5.67 5.97

2 Cost of Borrowings (%) 8.08 6.47 6.27
3 Cost of Fund (%) 6.28 5.72 5.99
4 Yield on Advances (%) 10.85 10.34 10.57
5 Yield on Investment (%) 6.94 6.89 6.83
6 Yield on Fund (%) 8.89 8.91 8.68
7 Net Interest Margin (%) 2.92 3.27 2.94
 Profitability Ratios : Half Year ended Sep’10

Sl. Parameters Sep'09 Sep'10 Mar'10

1 Return on Assets (%) 1.28 1.22 1.16

2 Return on Networth (%) 24.03 23.96 22.21
3 Operating Profit to AWF (%) 2.49 2.43 2.44
4 Cost to Income Ratio (%) 38.18 39.66 38.83
5 Estab. Exp. to Total Exp. (%) 13.83 15.14 13.79
6 Operating Exp. to AWF (%) 1.54 1.59 1.55
7 Book Value Per Share (Rs) 145.19 167.90 151.17
8 Earnings per share (Rs) 14.25 16.78 27.01
9 Return on Capital (%) 284.96 335.67 270.05
 Business
Rs. in crores

Variation
Sl. Parameters Sep'09 Mar'10 Sep'10 Mar'10-Sep'10 Y-O-Y
Amt. (%) Amt. (%)
1 Total Business 148103 178493 196816 18323 10.27 48713 32.89

2 Total Deposit 87309 106056 113633 7577 7.14 26324 30.15

3 Total Advances 60794 72437 83183 10745 14.83 22389 36.83

4 CD Ratio 70.32 68.93 73.49

 Deposit
Rs. in crore
Variation
Sl. Parameters Sep'09 Mar'10 Sep'10 Mar'10-Sep'10 Y-O-Y
Amt. (%) Amt. (%)
1 Total Deposit 87309 106056 113633 7577 7.14 26324 30.15

1a Aggregate Deposit 86459 105086 113187 8101 7.71 26727 30.91

2 DRI/CD 10339 15198 17545 2348 15.45 7206 69.70

2a DRI 1767 589 329 -260 -44.11 -1438 -81.38

2b CD 8572 14609 17216 2607 17.85 8644 100.8

4 Core Deposit 76970 90858 96088 5230 5.76 19118 24.84

Core Dep. to Total Dep.
5 88.16 85.67 84.56
(%)
6 SB Deposit 25078 28271 30982 2711 9.59 5904 23.54

7 Current Deposit 6184 8316 8448 132 1.59 2264 36.61

8 CASA Deposit 31262 36587 39430 2844 7.77 8168 26.13

9 Share in Agg. Deposit (%) 36.16 34.82 34.84

 Advance
Rs. in crores
Variation
% of
Sl. Parameters Sep'09 Mar'10 Sep'10 Mar'10-Sep'10 Y-O-Y
Adv.
Amt. (%) Amt. (%)
1 Total Advances 60794 72437 83183 10745 14.83 22389 36.83 100.00
1a Food Credit 1243 1457 1554 97 6.66 311 25.01 1.87
Non-Food Gross Bank
1b 59551 70980 81629 10648 15.00 22078 37.07 98.13
Credit
Of Which
(1) Priority Sector Credit 20707 24279 26138 1859 7.66 5431 26.23 31.42
Agriculture & Allied
(2) 9629 11567 12079 511 4.42 2450 25.45 14.52
Actvities
(3) MSE 6001 8188 9358 1170 14.30 3358 55.96 11.25
(4) MSME 7267 9771 11403 1632 16.70 4136 56.91 13.71
(5) Retail Credit, of which 8627 10082 11563 1481 14.69 2936 34.03 13.90
Housing/ Mortgage Loans 5141 6016 6878 862 14.33 1737 33.80 8.27
Personal Loans 1637 1786 1848 62 3.45 211 12.86 2.22
Education Loans 753 826 947 122 14.74 194 25.78 1.14
Trade Loans 491 638 927 289 45.27 436 88.82 1.11
Commercial Vehicle ---- 71 165 94 131.79 0.20
Other Retail Loans 606 745 798 52 7.03 192 31.71 0.96
 Industry-wise Deployment
Rs. in crores
Sep'09 Mar'10 Sep'10
% of
Sl. Share (%) Amt. Share (%) Amt. Share (%)
Major Industry wise Deployment to to to total
No. Amt. Adv.
Industrial Industrial Industrial
Adv Adv Adv
1 Mining & Quarrying 46 0.17 67 0.20 86 0.21 0.10
2 Food Processing 808 2.95 1132 3.36 1198 2.89 1.44
3 Textiles 1942 7.08 1853 5.50 1833 4.42 2.20
4 Chemical & Chemical Products 1822 6.65 2172 6.45 2393 5.77 2.88
4a Cement & Cement Products 293 1.07 341 1.01 430 1.04 0.52
5 Basic Metal & Metal products 4077 14.87 4638 13.76 6310 15.23 7.59
5a Iron & Steel 3691 13.46 4077 12.10 5055 12.20 6.08
6 Engineering Products 2135 7.79 3166 9.40 3511 8.47 4.22
7 Infrastructure 10172 37.11 12714 37.73 16410 39.60 19.73
7a Power 5703 20.80 7433 22.06 8819 21.28 10.60
7b Tele-communication 1476 5.38 1651 4.90 2426 5.85 2.92
Industry (Small, Medium &
8 27414 33695 41439 49.82
large)
9 Other than Industry 33380 38742 41744 50.18
10 Total advances 60794 72437 83183 100.00
 Investment
Rs. in crores
Variation
Sl. Parameters Sep'09 Mar'10 Sep'10 Mar'10-Sep'10 Y-O-Y
Amt. (%) Amt. (%)
1 Gross Investment 30480 38680 38938 258 0.67 8459 27.75
2 Held To Maturity (HTM) 21234 23863 26849 2986 12.51 5615 26.44
3 Available For Sale (AFS) 9196 14810 12058 -2752 -18.58 2862 31.12
4 Held For Trading (HFT) 49.25 6.95 30.75 24 342 -19 -37.56
5 Duration (AFS+HFT) 3.10 2.52 2.60
Modified Duration
6 2.97 2.42 2.49
(AFS+HFT)
7 Total Duration 5.15 4.82 4.80
8 Total Modified Duration 4.96 4.64 4.62
Net Demand & Time
9 88556 101378 113755 12377 12.21 25199 28.46
Liabilities
10 SLR (%) 28.57 30.75 28.58
11 HTM to SLR (%) 83.93 76.56 82.58
HTM to Gross
12 69.67 61.69 68.95
Investment (%)
 Non-Performing Assets
Rs. in crores

Sl. Parameters Sep'09 Mar'10 Sep'10

NPA as at the beginning of

1 1078.25 1078.25 1221.80
Yr./Qr.
2 Recovery in NPA 108.41 241.44 140.48

3 Upgradation 158.52 210.51 145.47

4 Write Off 130.40 642.65 37.74

5 Total Reduction 397.33 1094.60 323.69

6 Fresh Adition 401.17 1238.15 572.16

7 NPA as at the end of Yr./Qr. 1082.09 1221.80 1470.27

8 Provisions 873.71 751.65 1013.77

9 Net NPAs 208.38 470.15 456.50

10 Recovery in written-off debt A/Cs 95.99 229.40 109.38

 NPA Ratios

Sl. Parameters Sep'09 Mar'10 Sep'10

1 Net NPA (%) 0.35 0.66 0.56

2 Gross NPA (%) 1.78 1.69 1.77
3 Provision Coverage Ratio (%) 88.81 78.95 81.02

4 Recovery Ratio (%) 49.51 41.92 46.81

5 Slippage Ratio (%) 1.37 1.98 1.61

 Quarterly NPA Movement
Rs. in crores
Sep'09 Sep'10
June'09 Sep'09 Jun'10 Sep'10
Sl. Parameters Half Half
Qtr Qtr Qtr Qtr
Year Year
NPA as at the beginning
1 1078.25 1093.06 1078.25 1221.80 1139.31 1221.80
of Yr./Qr.
Cash Recovery including
2 50.69 57.72 108.41 98.83 41.65 140.48
Compromise
3 Upgradation 96.75 61.77 158.52 101.90 43.57 145.47
Write Off Done in the
4 50.22 80.18 130.40 0.00 37.74 37.74
Yr/Qtr
5 Total Reduction 197.66 199.67 397.33 200.73 122.96 323.69
Fresh Adition for the
6 212.47 188.70 401.17 118.24 453.92 572.16
Yr/Qtr
NPA as at the end of
7 1093.06 1082.09 1082.09 1139.31 1470.27 1470.27
Yr./Qr.
8 Provisions for Bad Debt 873.27 873.71 873.71 830.89 1013.77 1013.77

9 Net NPAs 219.79 208.38 208.38 308.42 456.50 456.50

Recovery in written-off
10 55.55 40.44 95.99 32.93 76.45 109.38
debt A/Cs
 Restructured Accounts
Rs. in Crore
Application Outstanding as
Sanctioned
Sl. Particulars Received on 30.9.10
No. Amt. No. Amt. No. Amt.

1 Below Rs. 1 Crore 43203 805 43203 805 27451 610

2 Rs. 1 Crore & above 164 3289 164 3289 136 2418

3 Total 43367 4094 43367 4094 27587 3028

Of (3), Restructured debt
4 39756 2564 39756 2564 25623 1670
up to 31.03.2009
Of (3), Restructured debt
5 during 01.04.09 up to 3601 1459 3601 1459 1954 1288
31.03.10
Of (3),Restructured debt
6 10 71 10 71 10 71
during 1.4.10 to 30.09.10

7 Of (3), Standard 42645 3950 42645 3950 24987 2731

8 NPA 722 144 722 144 2600 297

 Sectorwise Restructured Accounts
Rs. in Crore
Others Mar'1 Slippage
(Agril, Sl. Particulars Sep'10
No./ Under SME 0 to NPA
Sl. Particulars Housing Total
Amt. CDR Debt 1 Agriculture 277 256 29
Finance
etc.) 2 Housing 202 162 17
3 Real Estate 678 501 53
No. 13 3022 21952 24987
1 Standard Advances 4 Hotel 131 130 0
Amt. 437 254 2040 2731 5 Industry, of which 1780 1638 163
No. 0 395 1599 1994 Auto 0 0 0
2 Sub-Standard Advances Aviation 49 48 0
Amt. 0 38 239 277
Cement 27 27 10
No. 0 83 523 606 Chemical 60 54 4
3 Doubtful Advances
Amt. 0 8 13 21 Distillery 33 35 0
Engineering 231 227 104
No. 13 3500 24074 27587
4 Total Food Processing 42 42 11
Amt. 437 299 2292 3028 Infrastructure 415 358 0
Iron & Steel 338 369 11
Paper 47 53 20
Pharmaceutical 25 6 2
Rubber 91 53 0
Sugar 188 143 0
Tea 44 39 0
Textiles 191 183 0
6 Trading 89 61 9
7 Others 263 279 27
8 Total 3420 3028 297
 Capital Adequacy Ratio (%)
Rs. in crores
Sl. Particulars Sep'09 Mar'10 Sep'10

1 Capital Fund

2 Tier I 5743 6176 6925

3 Tier II 3691 4190 4181

4 Total (Tier I+II) 9434 10365 11106

5 Risk-weighted Assets 63297 76077 82379

6 Capital Adequacy Ratio (%) 14.90 13.62 13.49

7 Tier I (%) 9.07 8.12 8.41

8 Tier II (%) 5.83 5.50 5.08

9 RWA/ Working Fund (%) 63.55 62.51 62.61

Particulars Head Room

Innovative Perpetual Debt 625
Upper Tier II 1975
of which Subordinated Debt 550
Total 2600
 Ratios : Productivity & Market Share

Sl. Parameters Sep'09 Mar'10 Sep'10

1 Deposit Market Share (%) 2.12 2.24 2.28

2 Credit Market Share (%) 2.12 2.15 2.24

3 Business Per Branch (Rs. Cr.) 64.84 77.62 83.03

4 Busines Per Employee (Rs. Cr.) 6.82 8.45 8.92

5 Profit per Employee (Rs. Lac) 2.93 5.76 3.41

 Productivity
Rs. in crores
90 Business per Branch 83.03 10
Business per Employee 77.62
80 9
70 64.84 8.92 8
8.45 7
60
6
50 6.82
5
40
4
30 3
20 2
10 1

Sep'09 Mar'10 Sep'10

Sustained business growth

enhanced productivity
 Consistent Growth all the way
Rs. crore

200000 Total Business 2800

2549
175000 Operating Profit
196816 2400
150000 1901 178493 2000
125000 1480 1600
100000 144415
121929 1200
75000
50000 800

25000 400
0 0
Mar'08 Mar'09 Mar'10 Sep'10
 Shareholding Pattern
In per cent
As on 30.09.2010

GoI
Indian FIIs/MFs 11.08% 4.91%
FIIs 16.19%
Res. Indians
Others

55.23%
12.60%
 Achievements

NATIONAL EXCELLENCE AWARD

1ST PRIZE IN MSE LENDING (FY: 2009-10)
 Achievements
Indira Gandhi Rajbhasa Puraskar,
by the Department of Official Language,
Ministry of Home Affairs
 Achievements
Third Prize in Linguistic Region A for 2008-09,
by the Reserve Bank of India

Declared winner of First Prize in Linguistic Region A

&Third Prize in Linguistic Region B & C for 2009-10,
by the Reserve Bank of India
 New Initiatives
Technology
™ Bank rolled out 1473 branches/offices covering 88.60% of
Business under CBS,
™ Hassle Free Internet Banking, SMS Banking, e-Payment of
Taxes, Instant ATM-cum Debit Card facility, RTGS/NEFT
fund transfer facility implemented in all CBS branches,
™ Online payment Gateway services provided to make real
time payments to 746 merchants at the biller’s site with
instant debit from the customers’ accounts
™ Two products-X press Money and Money Gram are
available for making Inward remittances by NRIs,
™ ASBA with latest features are available to customers,
™ Online fees Collection facility is made available at various
Colleges and Universities,
Corporate Social Responsibility
™ Financial InclusionPlan (Pilot Project) launched at
Bamangachi (W.B.), Narayanpur (U.P.), Godda
(Jharkhand) and Nagod (M.P.)
 New Initiatives
Structural
™ Five more Rural Self Employment Training Institutes
(RSETIs) were established at centres viz. Hamirpur,
Sitapur, Godda, Satna and Tirwa
Business Lines
™ Three new structured products launched: 1.Financing
Doctors for Nursing Home/Clinic 2.Construction of
Godown under lease with FCI/Government Agencies
3.Financing Seed Processing Units
™ Housing Finance Scheme for NRI/PIO and Premium
Housing Finance Scheme for HNIs launched.
™ Tie-up arrangements were finalised with leading auto
manufacturers viz. M/S Rasendik Engineering Industries
India Ltd., M/S Ashok Leyland Ltd., M/S Force Motors
Ltd., M/S Hindustan Motors Ltd., M/S Mahindra &
Mahindra, M/S Man Force Trucks Pvt. Ltd. and M/S URAL
India Ltd. for financing their vehicles under “All Bank
Commercial Vehicle Finance”
 Looking Ahead

™ Business Projection for March 2011 -

Business Rs.2,20,000 crore
Deposit Rs.1,30,000 crore
Advances Rs. 90,000 crore
™ December 2010 Rs.2,00,000 crore
Thank You