Bank assurance All the Branches of the Bank are authorized to sell life insurance products of LIC of India

and Non-Life insurance products of United India Insurance Co. Ltd under the corporate agency arrangements. The Bank sold 74706 general insurance and 13169 life insurance policies during the year 2010-11. The LIC declared 81 branches of the Bank as Bima Bank for their performance. The Bank offers two group insurance schemes namely 'Maha Suraksha' Deposit Scheme for all deposit account holders and 'Maha Grih Suraksha' for those availing Home Loans to facilitate life cover which also mitigates credit risk at very affordable cost. Bank earned a commission of ` 3.27 crore under Life Insurance and ` 2.47 crore under General Insurance during year 2010-11. The Bank successfully implemented Agriculture Debt Waiver and Debt Relief Scheme of the Government of India and the Maharashtra state Government. Under Government of India Scheme bank has covered 86584 small and marginal farmers for debt waiver involving Rs. 219.28 crore and 39320 farmers for debt relief involving ` 82.01 crore. Under Government of Maharashtras Debt Waiver & Debt Relief Scheme bank has covered 36317 farmers for debt waiver involving ` 36.99 crore and 49353 farmers for debt relief involving ` 98.12 crore. 4.2.2 Mahabank Kisan Credit Card (MKCC) This scheme gained popularity especially in rural areas where it is being propagated successfully and vigorously. The Bank has issued total 281879 Kisan Credit Cards to farmers. Credit fl ow to MKCC benefi ciaries is Rs. 1493.42 crore as on 31.03.2011. 4.3 Micro, Small and Medium Enterprises (MSMEs) SMEs are recognized as a major growth engine for the Indian economy. They generate opportunities for direct and indirect employment by facilitating use of natural resources and local skills to stem the tide of migration to urban areas and promote low investment enterprises. Finance is made available

to viable enterprises at an attractive and low rate of interest. On line enquiry portal is made available on the Banks website during the year. The Bank has adopted Simplifi ed Loan Application for MSEs and the same is displayed on the Banks website. The Bank has also adopted Banks Code of Commitment to Micro and Small Enterprise and it is displayed on the Banks website. The Banks lending to Micro, Small and Medium Enterprises which was at the level of ` 3,699.64 crore as at 31.03.2010, increased to Rs. 7,037.31 crore as at 31.03.2011, which translates into a y-o-y growth of 90.22 per cent. Maha-Entrepreneur Under the scheme, the Bank is providing fi nance up to ` 100.00 lakh to Micro and Small Enterprises without Collateral Security and/or Third Party Guarantee. Accounts under the scheme are covered under Credit Guarantee Fund Scheme for Micro, Small and Medium Enterprises of Government of India. The Bank is bearing the entire guarantee fee and 50 per cent of annual service fee, which is to be paid to the Trust under CGFMSE. The Bank sanctioned loans of Rs. 311.94 crore to 5495 borrowers under this scheme up to March 2011. During the year, coverage under Credit Guarantee Fund Scheme has increased by 66.87 per cent. Micro Finance The Bank has always recognized the importance of credit to rural and urban poor for taking economic activity. The SHGs have proved to be effective instruments for empowerment of women. Bank has opened specialized branches for financing SHGs at Hadapsar, Pune and Goregaon, Mumbai during the year. The Bank has actively financed non-traditional activities of various Self Help Groups (SHGs). As on 31.03.2011, there were 84087 SHGs formed by the Bank, out of which 81471 SHGs had availed aggregate financial assistance of ` 229.63 crore from the Bank constituting a growth of 54 per cent over previous year. Assistance to SC/ST beneficiaries:

The Bank has been actively extending finance to SC/ST beneficiaries through various schemes. Total finance as on 31.03.2011 to SC/ST beneficiaries stood at Rs. 789.85 crore, constituting a growth of 15 percent. 5.6 Advances to Minority Community: A special cell has been set up at Central Office to review & ensure smooth flow of Credit to minority community. As of March 2011, the outstanding advances to minority communities were at Rs. 874.53 crore to 57135 beneficiaries. Financial Inclusion plan 'Swabhiman' 'Swabhiman' is path-breaking initiative by Government of India to cover the economic distance between rural and urban India. It promises to bring basic banking services to all unbanked villages in the country with population above 2000. Accordingly, our bank has been allotted 1215 unbanked villages in the country to be covered under financial inclusion for inclusive growth. The swabhiman movement facilitates opening of bank accounts, provide need based credit, remittance facilities and help to promote financial literacy in rural India using various models and technologies including branchless models through Business correspondent (BC) or Customer Service Provider (CSPs) models. Bank has been implementing IT enabled financial inclusion for providing branchless banking in allotted 1215 unbanked villages. As on 31.03.2011, bank has covered 484 villages through BC model and opened two branches at financial inclusion villages i.e., Zari-Jamani and Asangon in Chandrapur and Thane districts of Maharashtra respectively.