Annualreport2010 11 PDF

CMYK
Je<e&-oj-Je<e& veF& TbeeFeeW kee mheMe&

Conquering newer heights,
year after year.
www.bankofbaroda.com
CMYK
Jeeef<e&ke efjhees& Annual Report
2010 -11
2010 -11
hegjmkeej SJeb mecceeve / Awards and Accolades
efveosMeke ceb[ue / Board of Directors
efyepevesme mQ[[& eje o yeQkej Dee@]He o F&ej-2010 hegjmkeej.

The Banker of the Year - 2010 Award by Business Standard.
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Best Public Sector Bank 2010 (Rank-II) by Financial Express Group.
India Pride Award - Financial Services 2010 (Silver) by Dainik Bhaskar Group (DNA).
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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
efyepevesme Fbef[ee yesm yeQke SJee[&-2010
Yeejleere yeQke mebIe eje yesm skeveesuee@peer yeQke SJee[& 2010 (jvej Dehe)
Business India Best Bank Award 2010.
Best Technology Bank Award 2010 (Runner Up) by IBA.
efnleOeejke kees ueeYeebMe / Dividend to Stakeholder
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Payment of Dividend to Govt. of India for Financial Year 2009-10
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ceneeyebOeke / General Managers

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N. RAMANI
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[e@. (eerceleer) hee efvelmegjs - cegKe DeLe&Meem$eer
K. R. SHENOY - Chief Vigilance Officer
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
Dr. (Smt.) RUPA NITSURE - Chief Economist
2010 -11
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2010 -11
uesKee hejer#eke / Auditors

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For Ashwani & Associates

Chartered Accountants
For S. K. Kapoor & Co.

For N. C. Banerjee & Co.

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For Haribhakti & Co.

For Khimji Kunverji & Co

For Brahmayya & Co.

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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
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June 2, 2011 5:18 PM
2010 -11
efJe<ee meteer / Contents
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Page
DeOe#eere JekeleJe
06
Chairman's Statement
02
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10
Notice
10
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43
Directors' Report
14
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73
Report on Corporate Governance
73
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107
Green Initiative in Corporate Governance 108
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110
Basel II Pillar 3 disclosures
110
cenlJehetCe& efJeeere meteke
125
Key Financial Indicators
125
MeyoeJeueer
127
Glossary
127
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128
Balance Sheet
128
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129
Profit & Loss Account
129
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172
Statement of Cash Flow
172
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174
Auditors' Report
174
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176
Consolidated Financial Statements
176
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Proxy Form / Attendance Slip / ECS
June 2, 2011 5:18 PM
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.
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.
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.
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
However, headline inflation exhibited strong persistence in

2010-11 and throughout this year stayed above the Reserve
June 2, 2011 5:18 PM
2010 -11
also in India, reducing the overall cost of operations and

better funds management.
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.
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.
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.
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.
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.
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 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.
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
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
June 2, 2011 5:18 PM
2010 -11
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.
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.
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.
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.
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.
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.
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.
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%.
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%.
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.
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
Looking Forward
During the year under review, the Total Business of the
June 2, 2011 5:18 PM

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.
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
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.
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.
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.
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.
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.
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
With increasing competition in the banking industry, the Bank

would initiate many business initiatives during 2011-12
Daya\E:\BOB A.R.2011 Ordinary#159\CMD Statement Hindi.indd
June 2, 2011 5:18 PM
2010 -11
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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
$e+Ce efJelejCe efkeee nw.
cegPes yeQke Dee@]he ye[ewoe keer 31 ceee& 2011 kees meceehle DeJeefOe keer Jeeef<e&ke
efjhees& leLee efJeeere efJeJejefCeeeb emlegle kejles ngS Delevle emeVelee nes
jner nw. Fme Je<e& Yeer yeQke ves ecegKe #es$eeW ceW Dehevee Meeveoej keee&efve<heeove
eoefMe&le kejves leLee mJeeb kees eenke kesefvle yeQke kes he ceW efJekeefmele
kejves mecyebOeer Deheveer veerefleeeW kees peejer jKeves keer hejcheje kees Deeies
ye{eee nw.
DeeefLe&ke meceer#ee
eeefhe Je<e& 2010-11 kes oewjeve efJekeefmele osMeeW leLee efJee kes GYejles
yeepeejeW ceW DeeefLe&ke megOeej keer efmLeefleeeb efJe<ece yeveer jneR, leLeeefhe Fme
oewjeve Jewefeke DeelceefJeeeme Deewj efmLejlee kes JeeleeJejCe ceW efveefele
megOeej osKee ieee. Je<e& 2010-11 kes oewjeve GYejles ngS yeepeej kes he
ceW Yeejleere DeLe&JeJemLee kee yesnlejerve eoMe&ve peejer jne leLee peer-20
osMeeW ceW eerve kes yeeo Yeejleere DeLe&JeJemLee otmejer meyemes lespe efJekeemeMeerue
DeLe&JeJemLee yeveer jner.
Je<e& 2010-11 kes oewjeve Yeejle keer DeeefLe&ke Je=ef oj ke=ef<e #es$e ceW DeeF&
lespeer leLee Geesie Je mesJee #es$e ceW efvejvlejlee kes yeue hej efHej mes Ge
Je=ef oj kes mlej hej Dee ieF& (kesvere meebefKekeere mebie"ve, Yeejle
mejkeej kes Devegceeve kes Devegmeej 8.5%) meg{ keeheexjs efyeeer Je=ef,
#eceleeDeeW kee Gheeesie leLee Ge jespeieej me=peve pewmes mebkeslekeeW keer
efmLeefle kes cesve]pej mecee ceebie keer efmLeefle yesnlej yeveer jner. Je<e& kes
oewjeve efveee&le ceW efvejvlej megOeej kes eueles eeuet Keelee Ieee Deewmele
yevee jne.
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&
6
June 2, 2011 5:18 PM
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.
2010 -11
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& $e+Ce leLee ``mJeCee&Yet<eCeeW/pJewuejer kes hess ye[ewoe Deefece`' Meg
efkeS nQ. Fmekes DeueeJee, Yeejle mejkeej kes efveoxMeevegmeej yeQke ves DeeefLe&ke
he mes kecepeesj JeieeX kes efJeeeefLe&eeW kes efueS ``SpetkesMeveue ueesve Fv^sm
meefyme[er mkeerce'' Meg keer nw.
veJeesvces<eer henueW
meceer#ee Je<e& kes oewjeve yeQke ves Deheveer mecee JeJemeee leLee metevee
eeweesefiekeer veerefle heefjeespevee kee emeej Deheveer osMeere, efJeosMeer MeeKeeDeeW
leLee Deveg<ebieer heefjeeueveeW leke efkeee nw. yeQke eje ve kesJeue Yeejle efmLele
Deheveer meYeer MeeKeeDeeW leLee efJemleej heueeW kees keesj yeQefkebie meesuetMeve
(meeryeerSme) kes lenle ueeee ieee, yeefuke yeQke kes meYeer heebe #es$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.
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 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.
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
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.
7
June 2, 2011 5:18 PM
2010 -11
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&.
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 $e+Ce hejeceMe& kesv (SheSuemeermeer) Yeer Keesues nQ,
efpevnW efceueekej ceee& 2011 kes Deble leke SheSuemeermeer keer kegue mebKee
ye{kej 18 nes ieF& nw.
meceer#eeOeerve Je<e& kes oewjeve yeQke keer efJeosMeer MeeKeeDeeW ves GlmeenJeOe&ke
efJeMJe Jeeheej Deewj efJeosMeeW ceW yemes Yeejleere keeheexjs keer he=<"Yetefce ceW
kegue JeJemeee ceW 32.5% keer DeYetleheJe& Je=ef ope& keer. efJeosMeer heefjeeueve
ceW yeQke keer eenke peceeDeeW ceW 23.4% keer Je=ef ngF&. kegue peceejeefMeeeW
ceW 29.3% leLee DeefeceeW ceW 36.6% keer Je=ef ope& keer ieF&. mLeeeer
meceLe&ve SJeb Geesie ceW Deewmele ee efJeee ueeiele Deblej leLee Meguke
DeeOeeefjle Deee ceW GuuesKeveere Je=ef kes keejCe efJeosMeer heefjeeueveeW mes
yeQke kes mekeue ueeYe ceW 23.9% keer GuuesKeveere Je=ef ope& ngF&. yeQke kes
efJeosMeer JeJemeee ves yeQke kes Jewefeke JeJemeee ceW 24.6% kee DebMeoeve
efoee. Fmekeer mekeue ueeYe ceW efnmmesoejer 17.1% leLee keesj Meguke
DeeOeeefjle Deee ceW efnmmesoejer 32.1% jner. Fmekes DeueeJee Je<e& 2010-11
kes oewjeve yeQke kes efJeosMeer heefjeeueve mes yeQke keer kegue Deeefmleeeb .
68.375 kejes[ mes ye{kej . 91,273/- kejes[ nes ieF& Deewj FveceW
33.5% keer Je=ef ope& ngF&.
Oevemebheoe eyebOeve kes #es$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.
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.
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.
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.
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.
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$eCe kees oMee&lee nw.
yeQke kee JewefMJeke JeJemeee Je<e& 2010-11 kes oewjeve 28.3% (Je<e&-ojJe<e&) keer Je=ef ope& kejles ngS 5, 34,116 kejes[ heS kes mlej hej hengBe
ieee. JeJemeee kes mebyebOe ceW yeQke kee keee&efve<heeove Deewmele yeQefkebie Geesie
mes DeefOeke jne nw. Yeejleere heefjeeueve ceW yeQke keer pecee jeefMeeeW leLee
DeefeceeW ceW eceMe: 25.8% Je 28.7% keer GuuesKeveere Je=ef ngF.
meeJeefOe (ee ceereeoer) peceejeefMeeeW ceW yeepe oj ye{ves hej Yeer, yeQke keer
Iejsuet kece ueeiele Jeeueer keemee peceejeefMeeeW ceW 21.4% (Je<e&-oj-Je<e&) keer
DeYetlehetJe& Je=ef ngF& efpemekes heuemJehe kegue Iejsuet peceejeefMeeeW kee DebMe
ye{kej 34.4% nes ieee. Je<e& 2010-11 kes oewjeve yeQke kes eeLeefcekelee
eehle #es$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 $e+Ce kes 43.57% kes mlej hej hengbe ieS.
Je<e& 2010-11 kes oewjeve yeQke kees Deheves mJemLe Deeefmle efJemleej kes efueS
Yeejle mejkeej mes 2461 kejes[ hees eehle ngS. Fmekes meeLe ner yeQke
ceW mejkeejer Mesej Oeeefjlee 53.81% mes ye{kej 57.03% nes ieeer.
efpemekes heefjCeece mJehe yeQke kee hetbpeer heee&hlelee Devegheele (yeemesue-~~)
megOejkej 14.52% nes ieee leLee erej 1 hetbpeer Devegheele 9.99% nes
ieee.
#es$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
8
June 2, 2011 5:18 PM
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.
2010 -11
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.
leLeeefhe, nceejs yeQke keer hetBpeer leLee eue efveefOe mebyebOeer efmLeefle keeHeer
megefJeOeepeveke nw. $e+Ce eJele&ve leLee $e+Ce cee@veerefjbie keer megee heefle,
ceeveJe hetbpeer ceW ueieeleej efveJesMe leLee efheues keg Je<eeX kes oewjeve veJeesvces<eer
yeerheerDeej GheeeeW ves nce ceW keeheer DeelceefJeeeme hewoe efkeee nw efpememes nce
Fme egveewleer kee cegkeeyeuee Deer lejn kej mekeWies.
yeQke leere eeflemheOee& keer egveewefleeeW kes cesve]pej leLee yeepeej ceW Deheveer
efmLeefle megOeejves kes efueS, yeQefkebie #es$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.
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$e leLee meJeexece eueefveefOe eyevOeve mes yeepeej efnmmesoejer ye{eves ceW
ceoo efceuesieer.
yeQke ves ncesMee ner iegCeJeeehejke mLeeeer SJeb melele Je=ef hej Dehevee Oeeve
kesefvle efkeee nw. Jemlegle: yeQke Je<e&-oj-Je<e& Deheves Jeeeos efveYeelee Dee jne
nw. Fmeer keejCe yeQke kees jeêre SJeb Devleje&êre oesveeW mlej hej mejenvee
eehle ngF& nQ. Je<e& 2010-11 kes oewjeve yeQke ves yeQefkebie #es$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.
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.
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
Daya\E:\BOB A.R.2011 Ordinary#159\Notice.indd
10
June 2, 2011 4:43 PM
2010 -11
veesefme /
Notice
yeQke Dee]@He ye[ewoe BANK OF BARODA

HeOeeve keeee&uee : ceeb[Jeer, Je[esoje- 390 006
Head Office : Mandvi, Vadodara 390 006
keeheexjs keeee&uee : ye[ewoe keeheexjs meWj, meer-26, peer yuee@ke,

yeebe keguee& keecheueskeme, yeebe (hetJe&), cegcyeF& - 400 051.
Corporate Office: Baroda Corporate Centre,C-26, G Block,

Bandra Kurla Complex, Bandra (East), MUMBAI 400 051
(Website: www.bankofbaroda.com)
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.
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. 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.
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.
2.
To declare dividend for the year 2010-11.
2. Je<e& 2010-11 kes efueS ueeYeebMe keer Iees<eCee.
mLeeve : cegbyeF&
leejerKe : 27/5/11
(Sce. [er. ceuee)

DeOe#e SJeb HeyebOe efveosMeke
Place : Mumbai
Date : 27/5/11
10
M. D. Mallya
Chairman and Managing Director
11
June 2, 2011 4:43 PM
2010 -11
efHHeefCeeeb / NOTES
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.
HeefleefveefOe keer efveegefkele :
2.
Appointment of Representative:
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.
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.
3.
GHeefmLeefle - Heeea men HeJesMe He$e :
3.
Attendance Slip-Cum Entry Pass:
MesejOeejkeeW keer megeJf eOee nsleg Fme efjHees& kes meeLe GHeefmLeefle Heeea men HeJesMe He$e
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 Heek@ emeer / Heelf eefveefOe kees GHeefmLeefle Heeea Hej eLeeefmLeefle "Heek@ emeer"
ee "Heelf eefveefOe" pewmeer Yeer efmLeefle nes, Debekf ele kejvee eeefnS.
4.
MesejOeejke - jefpemj kee yebo nesvee :
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.
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.
4.
Closure of Register of Shareholders:
5.
ueeYeebMe kee Yegieleeve :
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 :
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.
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:
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$e keer eefle pees efke veesjer heefyueke DeLeJee ceefpem^s eje meleeefle
kes he ceW meleeefhele nes kees Yeer meeLe ceW Yespee peeSiee. Ge cegKleejveece DeLeJee
Deve eeefOekeej he$e hetJe& ceW yeQke ceW pecee Deewj hebpeerke=le nesvee Yeer DeefveJeee& nw.
2.
ke) 24 petve, 2011 kees keejesyeej mecee keer meceeefhle hej vesMeveue
a)
11
To all beneficial owners in respect of shares held
6.
12
June 2, 2011 4:43 PM
2010 -11
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.
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.
Ke) 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.
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.
ie)
c)
The dividends will be distributed to the eligible

shareholders within 30 days from the date of the 15th
Annual General Meeting.
15JeeR Jeeef<e&ke meeceeve yew"ke keer leejerKe mes 30 efove kes Devoj hee$e
Mesej OeejkeeW kees ueeYeebMe efJeleefjle efkeee peeSiee.
[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.
ie) 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.
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.
8.

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.
12
6.
Change of Address / Dividend Mandate :

a)
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.
b)
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.
c)
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.
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.
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.
13
June 2, 2011 4:43 PM

9.
DeblejCeeW kes efueS HemlegleerkejCe :
Mesej HeceeCe-He$eeW kees DeblejCe efJeuesKeeW kes meeLe yeQke kes jefpemêj SJeb Mesej
DeblejCe SpeW kes Heeme efvecveefueefKele Heles Hej Yespee peevee eeefnS:
cewmeme& keeJeea kecHetjMesej Hee.efue.
(FkeeF& : yeQke Dee@He] ye[ewoe)
Huee@ meb.17-24, efJeuejeJe veiej,
Fcespe ne@efmheue kes efveke,
ceeOeeHegj, nwojeyeeo - 500 081
sueerHeesve : 040 2342 0815 mes 820
Hewkeme : 040 2342 0814
F&-cesue : einward.ris@karvy.com
MesejOeejke ke=Heee vees kej ueW efke yeQkekeejer kebHeveer (GHeeceeW kee Depe&ve SJeb
DevlejCe) DeefOeefveece 1970 ceW mebMeesOeve kes HeuemJeHe yeQkekeejer kebHeveer
(GHeeceeW kee Depe&ve SJeb DevlejCe) leLee efJeeere mebmLeeve efJeefOe (mebMeesOeve)
DeefOeefveece 2006 kes cesve]pej meeJe&peefveke #es$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<f ele ueeYeebMe
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#f ele nw. Fme jeefMe kee Gheeesie
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.
Lodgments for Transfers:
Share Certificate along with transfer deed should be

forwarded to the Banks Registrar and Share Transfer
Agent at the following address.
10. Unclaimed Dividend, if any:

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
9.
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. oeJee ve efkeS ieS ueeYeebMe, eefo keesF& neW :

2010 -11
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. meomeeW mes DevegjesOe :
11. Request to Members:
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.
13
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.
Daya\E:\BOB A.R.2011 Ordinary#159\Dirctors Report English Final\Dirctors Report English.indd
14
June 2, 2011 8:02 PM
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.
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
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).
Key Financial Ratios

Particulars
2010-11
Return on Average Assets (ROAA) (%)

Average Interest Bearing Liabilities (Rs crore)
Average Cost of Funds (%)
2009-10
1.33
1.21
2,80,098.94
2,15,886.21
4.67
4.98
2,82,109.79
2,16,735.54
Average Yield (%)
7.76
7.70
Net Interest Margin (%)
3.12
2.74
Average Interest Earning Assets (Rs crore)
Cost-Income Ratio (%)
39.87
43.57
Book Value per Share (Rs)
504.43
378.44
EPS (Rs)
116.37
83.96
14
15
June 2, 2011 8:02 PM
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.
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 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.
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.
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.
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
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
16
June 2, 2011 8:02 PM
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.
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
16
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.
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
17
June 2, 2011 8:02 PM
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.
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.
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.
Risk Management Implementation and Monitoring

System
The instruments and tools through which credit risk management

is carried out in the Bank are as follows:-
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
17
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
June 2, 2011 8:02 PM
2010 -11
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.
18
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.
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.
2.
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.
18
3.
Duration of the Investment Portfolio and Modified

Duration of Equity.
4.
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.
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
Basel I
Basel II
31.03.2009
12.88%
14.05%
31.03.2010
12.84%
14.36%
31.03.2011
13.02%
14.52%
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
19
June 2, 2011 8:02 PM

capital plan so as to make Banks capital more risk-sensitive
and also to develop stress scenarios on a continuous basis.
2010 -11
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,
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.
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.
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.
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.
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 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.
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
During the financial year 2010-11, the Bank undertook

restructuring of various advances accounts as per the table
given below:
Restructuring of Advance Accounts (Domestic) 2010-11

Particulars
CDR Mechanism
SME Restructuring
Others
(` crore)
Total
Standard Advances
Restructured
No. of Borrowers
198
9,764
9,965
Amt. Outstanding
166.01
382.68
889.74
1,438.43
Sub-standard
Advances
Restructured
No. of Borrowers
21
129
151
154.24
4.38
4.42
163.04
Doubtful
Advances
Restructured
No. of Borrowers
13
108
121
Amount Outstanding
0.04
2.32
2.36
Total
No. of Borrowers
232
10,001
10,237
320.25
387.10
896.48
1,603.83
Amount Outstanding
Amount Outstanding
19
20
June 2, 2011 8:02 PM
2010 -11
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.
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.
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.
Initiatives/Strategies
l
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.
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
20
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
21
June 2, 2011 8:02 PM

programmes internally and at the external institutes of repute to
equip its staff in various aspects of internal control systems.
2010 -11
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.
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.
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.
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.
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
21
Meetings held
during the Meetings
period of their attended
tenure
4
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.
Customer-Centric Initiatives and Redressal of

Complaints
June 2, 2011 8:02 PM
2010 -11
Standing Committee on Customer Service
22
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.
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.
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.
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.
Government Business
The Bank has Board approved policies on Customer

Services and the same are placed on the Banks
website.
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.
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.
22
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)
The Bank received authorisation for payment of

pension to all Central Civil Pensioners in the country.
2)
Also, the Railway Board, RBI and CGA authorised the

Bank to undertake pension payment to the Railway
23
June 2, 2011 8:02 PM
2010 -11
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.
4)
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.
5)
Conclusion of Agreement with Stock Holding

Corporation of India (SCHIL) for sale of e-stamps. This
business has commenced in the State of Gujarat.
6)
Shri M.D. Mallya, Chairman and Managing Director

released quarterly BoB Vigilance Newsletter on vigilance
related issues concerning Bankers.
Special Savings Bank Product for Pensioners Baroda

Pensioners Savings Bank Account was launched
where pensioners get overdraft equivalent to twomonth pension.
7)
Collection of RTO Fees in the State of Gujarat and

Tamil Nadu.
8)
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.
9)
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.
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.
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.
Business Performance
13) The Bank was authorized for collection of Custom Duty

through e-mode at all locations in the country.
Given below are the details of the Banks major achievements

on business front during 2010-11.
Vigilance
Resource Mobilisation and Asset Expansion
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.
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%.
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.
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
23
24
June 2, 2011 8:02 PM
2010 -11
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)
End
March 2011
(Rs crore)
Growth
Deposits
2,41,261.93
3,05,439.48
26.60%
- Domestic
1,85,500.25
2,33,323.30
25.78%
- Overseas
55,761.68
72,116.18
29.33%
Borrowings
13,350.09
22,307.85
67.10%
Particulars
End
March 2010
(Rs crore)
End
March 2011
(Rs crore)
Growth
Advances
1,75,035.28
2,28,676.36
30.65%
- Domestic
1,31,643.62
1,69,407.86
28.69%
- Overseas
43,391.66
59,268.50
36.59%
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.
Global Advances
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
24
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
25
June 2, 2011 8:02 PM
2010 -11
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.
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.
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.
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
NPA under the Retail Loan
Additionally, the Banks Wholesale Banking Division took the

following initiatives during 2010-11 to strengthen this portfolio
further.
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.
1)
2)
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 thrust was placed on regular grooming of Credit

Officers and Forex Officers to handle the credit portfolio
of large number of branches.
4)
A Plan was made to open additional Corporate

Financial Services branches in North Mumbai, Greater
Noida and Surat.
5)
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.
7)
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.
A dedicated focus was given to upgradation of skills

and knowledge levels of officers working in the
Department including the new campus recruits.
3)
6)
Growth under Retail Lending
Initiatives in Retail Banking during 2010-11

New Products Launched
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
25
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.
26
June 2, 2011 8:02 PM
2010 -11
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.
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
26
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.
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
27
June 2, 2011 8:02 PM
2010 -11
was normalized during the year 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
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.
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.
2.
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.
3.
The Bank introduced Protrack -- an e-tracking system for

the SME credit proposals with a view to have control over
the turnaround time.
4.
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.
5.
The Bank participated in the Workshops arranged by

CGTMSE on Bank Credit to Micro & Small Enterprises and
the Role of Credit Guarantee.
6.
The Bank accorded higher importance to Increase the

flow of credit to MSME with a special emphasis on Micro
Enterprises.
7.
The Bank focused on collateral free credit under the

CGTMSE scheme through a special campaign.
8.
The Bank achieved total customer relationship through

enhanced cross selling, locational meetings, involvement
of trade bodies at the national and state levels.
9.
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.
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
Growth
(%, YoY)
2008-09
24.18%
2009-10
43.98%
2010-11
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.
27
28
June 2, 2011 8:02 PM
2010 -11
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.
6.
Furthermore, eleven more Baroda Swarojgar Vikas

Sansthan (BSVS), Baroda R-SETI centres were opened
during the year under review. With this, the total number
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.
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.
2.
The Bank organized 3,323 Village Level Credit Camps and

disbursed Rs 3,169 crore to 2,30,599 borrowers during
2010-11.
3.
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.
4.
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.
28
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.
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
Inauguration of FLCC Centre at Ajmer by Shri R.K. Bakshi,

Executive Director in presence of Shri B.P. Kanungo,
Regional Director, RBI, Jaipur
29
June 2, 2011 8:02 PM
2010 -11
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.
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.
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.
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.
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.
Shri M.D. Mallya, CMD launched the Financial Inclusion
Mobile Van at Lucknow to provide banking services.
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
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
29
30
June 2, 2011 8:02 PM
2010 -11
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.
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.
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.
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.
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.
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.
30
Banks Overseas Branches
54
Banks Representative Offices
Branches of Banks Overseas Subsidiaries
28
Total
85
In addition to the above, the Banks associate in Zambia has

12 branches.
31
June 2, 2011 8:02 PM
Treasury Module as per the requirements of the country

of operation.
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.
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.
Syndication Centre
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.
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.
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.
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.
Technology Upgradation in Overseas Operations
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
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.
Products and Services
Implementation of a Centralized SWIFT activity was

completed and made operational from the Banks Data
Centre in Mumbai.
Risk Management in Overseas Operations
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.
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.
E-Banking
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.
2010 -11
Regulatory Compliance
The compliance structure of the Bank is based on the extant
guidelines of the home countrys regulator. All the overseas
31
32
June 2, 2011 8:02 PM
2010 -11
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
32
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
33
June 2, 2011 8:02 PM
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
33
31st March 2010

1,74,736.43
2,400.69
1,77,137.12
894.83
743.22
762.64
2,400.69
34
2010 -11
Information Technology
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.
June 2, 2011 8:02 PM
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
34
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.
35
June 2, 2011 8:02 PM
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.
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 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 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.
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.
ATM/DEBIT Card Operations

Particulars
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.
31/03/2010
31/03/2011
1,315
1,561
45.95 lakh
62.71 lakh
No. of ATMs operationalised

No. of Debit Cards Issued
New Initiatives in 2010-11
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)
Payment of taxes through ATMs.
b)
Cash withdrawal limit increased to Rs 25,000 per day from

Rs 15,000 per day.
Baroda Connect (Internet Banking)

Particulars
A robust Information Security Management System has

been put in place by the Bank to protect the technology
against security threat.
No. of Users
No. of A/cs. Linked
35
31/03/2010
31/03/2011
3,66,605
5,73,575
12,91,847
21,90,700
36
June 2, 2011 8:02 PM
2010 -11
New Initiatives in 2010-11
New Products to be Launched Shortly
a)
Online subscription of IPO/FPO (ASBA) was enabled.
1.
Extension of Mobile Banking
b)
Daily transaction limits were increased for the retail

users.
2.
Pre-paid Cards
3.
Establishing Contact Centres at Baroda and Lucknow.
4.
Launch of different variants of Debit Cards:
Phone Banking
a)
The Bank introduced this facility on 19th March, 2009.
a)
Platinum Debit Card
b)
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.
b)
Maestro Debit Card
c)
Combi Gold Debit Card
d)
Debit Cards for Biometric ATMs.
c)
On this facility, the per day average hits were more than
600.
Baroda RTGS/NEFT
Particulars
2009-10
RTGS
No. of Inward
Transactions
No. of Outward
Transactions
Human Resources
2010-11
NEFT
RTGS
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.
NEFT
8,85,527 15,83,158 13,98,612 34,24,515

12,93,970
6,61,923 19,25,969 14,88,661
Avg Transactions per

day (Inward)
4,774
7,674
5,793
17,035
Avg Transactions per

day (Outward)
6,516
3,105
7,235
8,015
Some of the major HR initiatives taken by the Bank during

2010-11 were as follows.
Implementation of HR Technology
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.
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
As a customer centric initiative, the contact centres (Call

Centres) are being established at Baroda and Lucknow.
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.
36
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.
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.
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
37
June 2, 2011 8:02 PM
2010 -11
Review of HR Policies and Systems

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.
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.
unparalleled in the industry and first of its kind for an Indian

state-owned Bank.
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.
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.
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 Officer
JM-I to MM-II (Officer 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)
The staff strength and representation of SCs and STs as of 31st

March 2011 is as under.
302
519
1001
971
240
70
Cadre
Total
SC
SC %
ST
ST%
Officers
15,759
2,743
17.41
1,024
6.50
Clerks
15,628
2,317
14.83
943
6.03
Substaff
7,998
2,834
35.43
724
9.05
Total
39,385
7,894
20.04
2,691
6.83
SC/ST Cell
33
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/
15
37
38
June 2, 2011 8:02 PM
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.
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.
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.
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

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
Shri M.D. Mallya, Chairman and Managing Director

launching the Baroda-Next Reinforcement Campaign-II.
38
39
June 2, 2011 8:02 PM
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.
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
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
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
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.
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.
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.
The newly constructed Zonal Office building of

UPU Zone, Lucknow
Skoch Financial Inclusion Award- 2011
39
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.
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.
Projects under Implementation
June 2, 2011 8:02 PM
2010 -11
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.
40
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
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
40
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.
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)
Number of
Branches
% Share in
Total
Metro
730
22
Urban
631
19
Semi-urban
832
24
Rural
1,171
35
Total
3,364
100
54
--
Overseas
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
41
June 2, 2011 8:02 PM
2010 -11
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.
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 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.
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)
Country
Owned
Funds
BOB Capital Market

Ltd., 11 March, 1996
India
12,257.34
13,076.38
406.30
27
BOBCARDS Ltd., 29
Sept., 1994
India
11,343.65
19,070.11 1,026.91
34
117
Associate Baroda
Pioneer Asset Mgmt
Co. Ltd., 5 Nov., 1992
India
4,933.81
7,362.97 -1,538.37
59
IndiaFirst Life Insurance

Co. Ltd., 19 June, 2008
India
33,826.93 1,68,079.07 -6,475.25
Nainital Bank Ltd., 31

July, 1922
India
32,298.84 3,29,206.83 4,568.76
Total Assets Net Profit Offices
Staff
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.
13 1,181
816
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.
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
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.
101
Implementation of Official Language (OL) Policy
41
42
June 2, 2011 8:02 PM
2010 -11
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.
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.
42
Directors Responsibility Statement

The Directors confirm that in the preparation of the annual
accounts for the year ended March 31, 2011:
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,
M. D. Mallya
Daya\E:\BOB A.R.2011 Ordinary#159\Dirctors Report Hindi Hindi Folder\Dirctors Report Hindi Final.indd
43
June 2, 2011 8:09 PM
2010 -11
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kejes[ jne. Meg ueeYe ceW efheues Je<e& keer leguevee ceW 38.7% keer Je=e
$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 (^ps ejer) kee
eesieoeve .882.51 kejes[ , nesuemesue / keeheexjs yeQekf ebie kee .1525.49 kejes[ ,
Kegoje yeQekf ebie kee .1517.89 kejes[ leLee Deve yeQekf ebie heefjeeueveeW kee eesieoeve
.2750.61 kejes[ jne. yeQke ves .1026.18 kejes[ kes iewj Deeyebef le Keex
Ieeves Deewj .1408.64 kejes[ kee kejeW kes efueS eeJeOeeve kejves kes yeeo
.4241.68 kejes[ kee kej heMeele ueeYe (heerSer) Deefpe&le efkeee.
ecegKe efJeeere Devegheele

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 (.)
2010-11
1.33
2,80,098.94
4.67
2,82,109.79
7.76
3.12
39.87
504.43
116.37
43
2009-10
1.21
2,15,886.21
4.98
2,16,735.54
7.70
2.74
43.57
378.44
83.96
44
June 2, 2011 8:09 PM
2010 -11
eyebOeve efJeJeseve SJeb efJeMues<eCe

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
f ngF& nw leLee efvepeer GheYeesie leLee efveJesMe Jee Yeer lespeer mes ye{e nw.
f (Je<e&-oj-Je<e&)
efvepeer GheYeesie Jee ceW JeemleefJeke DeeOeej hej 8.2% keer Je=e
ngF.& Je<e& 2010-11 kes oewjeve mekeue efmLej hetpb eer efvecee&Ce mekeue Iejsuet Glheeo
kee 31.6% jner pees efke Ske Devegketue efmLeefle nw. Devegmetef ele JeeefCeefpeke yeQkeeW
f (Je<e&-oj-Je<e&) ngF& Deewj es
kes iewj KeeeeVe $e+CeeW ceW Fme Je<e& 21.4% keer Je=e
yeQke Yeejleere JeeefCeefpeke #es$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
44
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 efjp] eJe& 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
f ngF& leLee es Je<e& 2010-11 ceW ye{kej
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.
45
June 2, 2011 8:09 PM
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&.
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.
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 $e+CeeW ceW Je=ef
GuuesKeveere nw etbefke Fmekee meg{ DeeOeej nw.
Deve GYejles yeepeejeW keer Yeebefle Yeejle kes eieefleMeerue heefjMe kees Je<e&
2011-12 kes oewjeve Jewefeke lesue leLee Deve JemlegDeesb keer keerceleW eYeeefJele
kejWieer efpememes Je=ef oj ceW keceer kee Keleje yevee jnsiee. leLeeefhe, Iejsuet ceebie
leLee efveee&le keer ueeseMeeruelee kees osKeles ngS Yeejle kee mekeue Iejsuet Glheeo
Je<e& 2011-12 kes oewjeve Yeer Fmeer mlej kes Deemeheeme yevee jnsiee.
DeefOekeebMe yeQkeeW keer Deeefmle iegCeJeee Yeejleere efj]peJe& yeQke eje efveOee&efjle
ceeveoC[eW SJeb meerceeDeesb kes Devleie&le jner.
Je<e& 2010-11 ceW Yeejleere yeQefkebie #es$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.
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$e kes yeQkeeW kes meboYe& ceW yeQefkebie kecheveer kes meYeer MesejOeejkeeW
kes kegue celeoeve DeefOekeejeW keer 10% kes celeoeve DeefOekeej keer meercee
kees nevee.
yeQefkebie JeJemeee ye{eves kes efueS je<êreke=le yeQkeeW kees oes Deefleefjkele
FvmêtceW yeesveme Mesej leLee jeF FMet peejer kejves kee DeefOekeej
osvee leeefke hetbpeer yeepeej mes efveefOeeeb eehle keer pee mekeW.
efkemeer yeQefkebie kebheveer keer 5.0% mes DeefOeke keer Mesej hetbpeer DeefOeie=nerle
kejves kes efueS eefo DeeJeMeke mecePee peeS lees Fme DeeMee kee Devegceesove
osles mecee Yeejleere efj]peJe& yeQke kees eLeeJeMeke Meles efveOee&efjle kejves
kee DeefOekeej osvee.
Yeejleere efj]peJe& yeQke kees Fme DeeMee kee DeefOekeej osvee efke Jen yeQefkebie
kecheefveeeW kes meneesieer GeceeW mes meteveeSb SJeb efJeJejefCeeeb eehle kej
mekes leLee Gvekee efvejer#eCe kej mekes.
mebheoe #es$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.
45
46
June 2, 2011 8:09 PM
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 $e+Ce
peesefKece keeees keer efveiejeveer Yeer kejleer nw.
yeQefkebie heefjeeueve mebeeefuele efkees pee mekeW. yeQke kes vekeoer peesefKece kes
Deekeueve leLee Fmekeer ceeefveefjbie keer meceie efpeccesoejer Deeefmle oselee heyebOeve
meefceefle keer nw. yeQke vekeoer peesefKece kee eyebOeve hejchejeiele iewhe heefle
DeLeJee Heuees heefle Deewj meke heefle mes kejlee nw. hejchejeiele iewhe heefle
DeLeJee Heuees heefle Yeejleere efj]peJe& yeQke eje efveOee&efjle efJeefYevve eFce
yekekesme ceW vekeoer Demeceevelee kee Deekeueve kejves ceW meneeke nesleer nw.
Deekeueve leLee ceeefveefjbie owefveke DeeOeej hej {ebeeiele vekeoer efJeJejCeer leweej
kej leLee [eeveeefceke lejuelee efJeJejCeer leweej kej [eeveeefceke DeeOeej hej
keer peeleer nw pees en megefveefele kejves ceW ceoo kejleer nw efke vekeejelceke
vekeoer efmLeefle efveOee&efjle meercee ceW leLee SSueSce leLee ieghe efjmke heeefuemeer kes
efveOee&efjle ceeveoC[eW kes Deveghe nw. efveOee&efjle meerceeDeesb keer DeJensuevee keer
metevee Deeefmle oselee eyebOeve meefceefle leLee Fmekes yeeo efveosMeke ceb[ue kees oer
peeleer nw. me@ke heefle ceW yeQke ves efJeefYevve ieefleefJeefOeeeW eLee owefveke kee@ue
ueWef[bie, owefveke keeue GOeeefjeeW efveJeue DeuheeJeefOe GOeeefjeeW, ieenke pecee
Devegheele ceW efveJeue esef[, cegKe Deeefmle Devegheele Deeefo kes efueS (meercee) kewhe
keer e=bKeuee efveOee&efjle keer nw. efJeosMeer cege ceW vekeoer keer efmLeefle kee Deekeueve
yeQke keer efJeefMe< Skeerke=le ^spejer MeeKee kejleer nw. efJeosMeer heefjeeueveeW kes
efueS keeheexjs Deeefmle oselee eyebOeve veerefle Deueie mes leweej keer ieF& nw. Fmekes
ceeOece mes eleske efJeosMeer #es$e keer efmLeefle keer efveOee&efjle eueefveefOe Devlejeue
ceW efveiejeveer keer peeleer nw.
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.
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
$e+Ce peesefKece
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.
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 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.
47
$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.
June 2, 2011 8:09 PM
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.
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.
Fvekes DeueeJee yeQke keer m^sme sefmbie hee@efuemeer kes Deveghe $e+Ce peesefKece
mebefJeYeeie kes m^sme sefmbie leLee heefjMe efJeMues<eCe Yeer efveeefcele Devlejeue
hej efkees peeles nQ.
yeemesue II mebyebOeer yeQke kee Devegheeueve
yeepeej peesefKece
yeQke Dee@@He ye[ewoe yeemesue II kes mJehe kees ueeiet kejves ceW osMe kes meeJe&peefveke
#es$e kes ecegKe eCeslee yeQkeeW ceW mes Ske nw efpemeves 31.03 2008 mes Fmes ueeiet
efkeee nw. Jele&ceeve ceW yeQke $e+Ce peesefKece kes efueS ceevekeerke=le efkeesCe,
heefjeeueve peesefKece kes efueS cetue mebkesleke efkeesCe Deewj hetbpeer heee&hlelee
Devegheele (meerDeejSDeej) kes Deekeueve kes efueS yeepeej peesefKeceeW nsleg ceeveke
DeJeefOe efkeesCe kees Dehevee jne nw. yeQke, Yeejleere efjpeJe& yeQke kes efoMee
efveoxMeeW kes Deveghe yeemesue I Deewj yeemesue II kes efueS hetbpeer heee&hlelee Devegheele
kee Deekeueve meceeveeblej he ceW kejlee nw.
yeepeej peesefKece yeepe ojeW DeLeJee eefleYetefleeeW kes cetue, efJeosMeer cege leLee
FefkeJeefeeW kes yeepeej mlej ces heefjJele&ve leLee Gleej e{eJe kes keejCe yeQke keer
Deee leLee hetbpeer kees nesves Jeeues peesefKece kes he ceW heefjYeeef<ele efkeee ieee nw.
yeepeej peesefKece eyebOeve vekeoer, yeepe oj, efJeosMeer cege leLee FefkeJeer leLee
yeQke kes Jemleg cetue peesefKece kes Deekeueve kee Jeeheke SJeb ieefleMeerue DeeOeej/
{ebee GheueyOe kejelee nw efpemekee yeQke keer JeeJemeeefeke keee&veerefle kes
Deveghe meceekeueve Dehesef#ele nw. Jeeheej yener ceW yeepeej peesefKece kees efJeeceeve
mecegefele efveeb$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 meerDeejSDeej kees efvecveevegmeej meebjeMeerke=le efkeee ieee nw .

efoveebke
31.03.2009
31.03.2010
31.03.2011
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.
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 jsef ib e heefle nw, efpemekes lenle
jsef ib e kes ceeFieMs eve, heer [er Je Sue peer [er kes Deekeueve kes efueS Deebke[s GheueyOe
kejJeeves keer JeJemLee nw. efpememes efke $e+Ce peeseKf ece Deekeueve kes efueS Deebleefjke
jsef ib e DeeOeeefjle efkeesCe ceW menpelee mes DeblejCe efkeee pee mekes. yeQke ceW
Deebleefjke cee@[ue efkeesCe ceW meeceeve yeepeej peeseKf ece kes peeseKf ece cetue
(JeeRSDeej) (DeLee&le peeseKf ece hej cetue) kes Deekeueve keer Yeer heefle 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.
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
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.
47
48
June 2, 2011 8:09 PM
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.
$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
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.
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.
Deefiece KeeleeW kee hegveie&"ve (Iejsuet) 2010-11

efJeJejCe
hegveie&ef"le ceeveke Deefiece
$e+efCeeeW keer mebKee

yekeeee jeefMe
meer [er Deej heefle
Sme Sce F& hegveie&"ve
Deve
(` kejes[esb ceW)
kegue
198
9,764
9,965
166.01
382.68
889.74
1,438.43
21
129
151
154.24
4.38
4.42
163.04
hegveie&ef"le DeJe ceeveke

Deefiece
hegveie&ef"le mebefoiOe Deefiece
13
108
121
yekeeee jeefMe
0.04
2.32
2.36
232
10,001
10,237
320.25
387.10
896.48
1,603.83
kegue
yekeeee jeefMe
yekeeee jeefMe
48
49

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.
June 2, 2011 8:09 PM
2010 -11
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.
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.
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.
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.
henue/keee&veerefle
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
49
keesj yewekf ebie meceeOeeve (meeryeerSme) kes Debleie&le 100% MeeKeeSb nesves kes
keejCe yeoueer ngF& Devegheeueve Dehes#eeDeesb kes Deveghe efvejer#eCe efjhees& kes
eesHeecee&, Gmekes meej Je mkeesejf ib e kes mJehe ceW heefjJele&ve efkeee ieee nw.
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
50
June 2, 2011 8:09 PM
2010 -11
DeejyeerDeeF&S(peesefKece DeeOeeefjle Deebleefjke uesKee hejer#ee) kes oeejs kee

efJemleej efkeee ieee nw leeefke #es$eere keeee&ueeeW, efJeosMeer cege kee uesve
osve kejves Jeeueer yeer esCeer keer MeeKeeDeesb leLee kejsvmeer esmeW kees keJej
efkeee pee mekes.
ceeOece mes ieenke mesJee keer iegCeJellee kes mebyebOe ceW Heer[ yewke eoeve efkeee
peelee nw. Fve yew"keeW kes oewjeve eehle megPeeJeeW/efJeeejeW kees mecesefkele kej
MeeKee mlej hej ieenke mesJee kes megOeej kes mebyebOe ceW Fvekes keeee&efvJele efkees
peeves keer JeJenee&lee keer peebe keer peeleer nw.
keg efJeefMe< mesJee kesvesb pewmes efjsue ueesve Hewkejer, SmeSceF& ueesve
Hewkejer efmeer yewke Dee@@efHeme, jerpeveue yewke DeeefHeme kes efvejer#eCe kes
efueS Heecex yeveeS ieS /mebMeesefOele efkees ieS nQ leeefke Devegheeueve ceW
megOeej efkeee pee mekeW.
yeQke meYeer ef[ueerJejer ewveueeW kes ceeOeceeW mes Glke=< ieenke mesJee eoeve kejves
hej Oeeve os jne nw leLee efJeefYevve ekeej kes ieenkeeW keer efJeefJeOe ]pejleeW kes
efueS mecegefele Jewkeefuheke ef[ueerJejer ewveueeW leLee F& Glheeo eeweesefiekeer eefeeeDeesb
kes eje eoeve kejkes ieenkeeW keer meblegef kee mlej ye{eves kes efueS ueieeleej
eeeme kej jne nw. ieenkeeW kes efJeefJeOe efnleeW leLee Deekeeb#eeDeesb kee efJeefYevve
eefeeeDeesb leLee heefleeeW ceW megOeej kej kes Oeeve jKee pee jne nw.
yeQke ves peesefKece eyebOeve leLee peesefKece DeeOeeefjle efvejer#eCe keee&keueeheeW kees
hetje kejves efke efueS kegMeue leLee eefMeef#ele keeefce&keeW keer meteer yeveeves nsleg
meefee keoce G"eS. yeQke ves Deheves meHe meomeeW kes efueS Deevleefjke
efveeb$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.
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
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&.
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
51

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
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.
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 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.
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.
2010 -11
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.
ieenke mesJee mebyebOeer mLeeF& meefceefle
June 2, 2011 8:09 PM
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.
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.
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.
51
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$e Deeeesefpele efkeS peeles nQ.
Yeejleere efj]peJe& yeQke, Yeejleere yeQke mebIe leLee je<êre yeQke eyebOe
mebmLeeve ceW Jeefj<" DeefOekeeefjeeW/keee&heeuekeeW kes efueS eefMe#eCe
Deeeesefpele efkees peeles nw.
yeQke kes eOeeve keeee&uee ceW o#elee neefmeue kejves nsleg keeheexjs efkeesCe
leLee MeeKeeDeesb ceW kesJeeF&meer Dee@e@ [f nsleg meIeve eeeme efkees pee jns nw.
52
June 2, 2011 8:09 PM
2010 -11
mejkeejer keejesyeej
meleke&lee
yeQke kes mejkeejer keejesyeej efJeYeeie ves Je<e& 2010-11 kes oewjeve cegKe he mes
leerve keee&keueeheeW hej Oeeve kesefvle efkeee nw. es nQ- efveev$eCe SJeb jKejKeeJe,
JeJemeee efJekeeme SJeb heWMeve yewke DeeefHeme.
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$eesb ceW neefveeeW mes yeeeJe kejvee.
efJeYeeie ves Deheves keee&keueeheeW kees megefJeOeepeveke yeveeves kes efueS veF& efouueer ceW
meneeke ceneeyebOeke keer DeOe#elee ceW efJeMes<e ke#e keer mLeehevee keer nw leeefke
Yeejle mejkeej kes efJeefYevve ceb$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.
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.
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$eeuee
kees Yespee nw efpemeces heer heer SHe / Sme meer Sme Sme JeJemeee kes efueS
700 Deefleefjkele MeeKeeSb eeefOeke=le kejves kee DevegjesOe efkeee ieee nw.
10. yeQke ves mJeeeefuele eeflehetefle& eefeee kes Devleie&le heesmue leLee jsueJes
eeefhleeeW Je Yegieleeve JeJemeee nsleg mebMeesefOele uesKee heefleeeW Deewj
eCeeefueeeW kees keeee&efvJele kej efoee leeefke vesiesefJe Heuees kes keejCe nesves
Jeeueer neefve mes yeee pee mekes.
11. S er Sce kes ceeOece mes Deeekej kes Yegieleeve keer MegDeele kejvee.
12. ieenke Fvjves yeQefkebie megefJeOee ye[ewoe keveske" kes ceeOece
mes pecee efkees ieS Deeekej kes 26 SSme efJeJejCe kees osKe mekeles nQ.
13. yeQke kees osMe kes meYeer mLeeveeW hej F&- cees[ kes peefjS meercee Meguke keer
Jemetueer kes efueS eeefOeke=le efkeee ieee nw
52
eer Sce.[er. ceuee, DeOe#e SJeb eyebOe efveosMeke yeQkejeW mes mebyebefOele meleke&lee
hej efleceener yee@ye efJeefpeueWme vetpeuesj kee efJeceeseve kejles ngS.
yeQke ceW kechetjerke=le / F&-yeQefkebie heefjJesMe ceW GYejles veS peesefKece kes #es$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.
53
June 2, 2011 8:09 PM
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.
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.
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.
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.
efveefOeeeW keer mebjevee - Jewefeke

efJeJejCe
ceee& 2010 kees

meceehle
. kejes[
ceee& 2011 kees

meceehle
. kejes[
Je=ef
peceejeefMeeeb
2,41,261.93
3,05,439.48
26.60%
Iejsuet
1,85,500.25
2,33,323.30
25.78%
efJeosMeer
55,761.68
72,116.18
29.33%
GOeej
13,350.09
22,307.85
67.10%
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.
Jewefeke Deefiece
efJeJejCe
ceee& 2010 kees

meceehle
. kejes[
ceee& 2011 kees

meceehle
. kejes[
Je=ef
Deefiece
1,75,035.28
2,28,676.36
30.65%
Iejsuet
1,31,643.62
1,69,407.86
28.69%
43,391.66
59,268.50
36.59%
efJeosMeer
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&.
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.
53
54
June 2, 2011 8:09 PM
2010 -11
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.
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.
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
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.
54
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.
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 -
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.
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.
55
Je<e& 2010-11 kes oewjeve Kegoje yeQefkebie mebyebOeer henueW
June 2, 2011 8:09 PM
2010 -11
efpemeceW 10,14,589 KeeleeW kes lenle . 3,081 kejes[ keer veF& yeele
yeQke pecee jeefMeeeb mebie=nerle keer ieF&.
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.
efjsue ueesve heesH& eeseuf eeeW kes mebJe&ve nsleg efoveebke 1 Dekeletyej, 2010 mes 31
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, uegeOf eeevee
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
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$e ceW yeQke mebegkele GeceeW (pesJeer) kes meeLe Deheveer
MeeKeeDeesb kes ceeOece mes peerJeve yeercee, iewj peerJeve yeercee, efpemeceW mJeemLe
yeercee cetegDeue Heb[ leLee FefkeJeer ^sef[bie pewmes efJeefYevve Deve he#eere Glheeo
Meeefceue nQ, mesJeeSb eoeve kej jne nw.
JeJemeee mebyebOeer veJeesvces<eer henueW
kece ueeiele Jeeueer peceejeefMeeeb mebie=nerle kejves kes efueS efoveebke 21 petve,
2010 kees leerve ceen keer DeJeefOe kes efueS yeele yeQke pecee DeefYeeeve keer
MegDeele keer ieF&. Fme DeefYeeeve kes oewjeve . 1,944 kejes[ keer veF&
yeele yeQke pecee jeefMeeeb mebie=nerle keer ieF&. otmeje yeele yeQke DeefYeeeve
efoveebke 1 efomecyej, 2010 mes 31 ceee&, 2011 leke Meg efkeee ieee
55
56
June 2, 2011 8:09 PM
2010 -11
Fmekes DeueeJee efheues keg Je<ees kes oewjeve yeQke ves cetegDeue Heb[ leLee ueeFHe
FbMeesjWme mesiecesv ceW Debleje<êre yeev[eW kes meeLe efceuekej oes mebegkele Gece
mLeeefhele efkees nQ.
ceetegDeue Heb[ mesiecesv ceW ye[ewoe heeeesefveej Smes cesvespeceW keb. efue.
heeeesefveej FveJesmceW keb. Fueer keer meneesieer kebheveer nw leLee peerJeve yeercee
#es$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.
SceSmeSceF& JeJemeee
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 $e+Ce eoeve kejves mebyebOeer
efmLeefle/Je=ef oj efvecveefueefKele leeefuekee ceW oer ieF& nw.
ceeFees, ueIeg SJeb ceOece Geesie (SceSmeSceF&) Yeejleere DeLe& JeJemLee kee
cenlleJehetCe& eesle nw. en JeJemeee Yeejle kes efJeefvecee&Ce SJeb mesJee #es$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$e kee efJeMes<ele: metevee
eeweesefiekeer egkele mesJeeDeeW, DeeefleLe melkeej mesJeeDeeW, hee&ve, ketefjej
heefjJenve Deeefo kee cenlleJehetCe& eesieoeve nw.
Je<e&
Yeejle ceW GYejles SmeSceF& mebefJeYeeie hej efJeMes<e Oeeve kesefvle kejves kes efueS
yeQke SmeSceF& kes meeLe mece cetue hej .150 kejes[ leke kes keejesyeej kes
meeLe Deve JeeJemeeefeke FkeeFeeW hej efJeeej kej jne nw. SmeSceF& #es$e
Je<e& 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.
Je=ef (% Je<e&-oj-Je<e&)
2008-09
24.18%
2009-10
43.98%
2010-11
29.63%
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.
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.
eer Sce.[er. ceuee, DeOe#e SJeb eyebOe efveosMeke JeejeCemeer ceW SmeSceF&
eenkeeW kees mebyeesefOele kejles ngS
56
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June 2, 2011 8:09 PM
2010 -11
Je<e& 2010-11 ceW eeLeefcekelee eehle #es$e $e+CeeW keer efmLeefle
3. efveheeve mecee kees efveebe$f ele kejves kes GsMe mes yeQke ves SmeSceF& $e+Ce
emleeJeeW kes efueS eesks^ e veeceke F&-ês kf ebie eCeeueer keer MegDeele keer.
yeQke kes eeLeefcekelee eehle #es$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&.
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
f kejves kes efueS DeefOeke cenee eoeve keer.
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.
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.
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June 2, 2011 8:09 PM
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.
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
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$eere ieeceerCe yeQke eeeesefpele efkees nQ
ye[ewoe Gllej eosMe ieeceerCe yeQke, eOeeve keeee&uee, jeeyejsueer
ye[ewoe jepemLeeve ieeceerCe yeQke, eOeeve keeee&uee, Depecesj
ye[ewoe iegpejele ieeceerCe yeQke, eOeeve keeee&uee, Yee
vewveerleeue-Deuecees[e #es$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

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
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.
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June 2, 2011 8:09 PM
2010 -11
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.
eWke efpeuee, jepemLeeve ceW efJeeere meceeJesMeve hueeve kee MegYeejbYe
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.
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.
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.
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.
Deblej&e<êre JeJemeee
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
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<êr e heefjeeueve kes JeJemeee leLee ueeYe
oesveeW ceW Dehes#ee mes DeefOeke Je=e
f ngF.& Deeefmle Je=e
f ceW Yeejleere keeheexjs eW keer
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 hetelf e& kejves kes efueS efJeosMeer kesvesb ceW Deheveer meMekele ese[f mesjer kes yeueyetles
hej meceeye { ib e mes efJeosMeer cege mebmeeOeveeW kee mebienCe efkeee.
eer Sce. [er. ceuee, DeOe#e SJeb eyebOe efveosMeke ves yeQefkebie mesJeeSb eoeve kejves
nsleg ueKeveT ceW efJeeere meceeJesMeve ceesyeeFue Jewve kee MegYeejbYe efkeee.
59
60
June 2, 2011 8:09 PM
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 efJemleej
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.
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
efJeosMeer JeJemeee ceW YeeJeer eespeveeSb
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.
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.
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.
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
54
yeQke kes eefleefveefOe keeee&uee
yeQke keer efJeosMeer Deveg<ebefieeeW keer MeeKeeSb
28
kegue
85
Ghee&gkele kes Deefleefjkele, peebefyeee ceW yeQke kes SmeesefmeS keer 12 MeeKeeSb nQ.
60
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.
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.
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.
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.
61
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.
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.
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.
F& yeQefkebie
June 2, 2011 8:09 PM
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.
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.
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
61
62
June 2, 2011 8:09 PM
2010 -11
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 keeheexjs peeiekelee ceW Glke=<lee neefmeue kejves kee
Fgke nw. Ske Gllejoeeer keeheexjs veeieefjke nesves kes veeles meceepe kes iejerye SJeb
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
62
63

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
$e+Ce hejeceMe& kesvesb keer kegue mebKee 18 nes ieF& nw.
June 2, 2011 8:09 PM
2010 -11
Yeejleere yeQefkebie Geesie ceW Glke=< heefjmebheefe iegCeJellee keer ef[ueerJeefjbie ceW yeQke
kee melele keee& efve<heeove efvecveefueefKele leeefuekee mes osKee pee mekelee nw (` kejes[ ceW)
Deeefmle esCeer (mekeue)
Deeefmle iegCeJellee eyebOeve
ceeveke
Deeefmle iegCeJellee eyebOeve kes #es$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.
31 ceee&, 2011
31 ceee&, 2010
2,28,173.03
1,74,736.43
3,152.50
2,400.69
2,31,325.53
1,77,137.12
mekeue SveheerS
kegue
mekeue SveheerS ceW efvecveefueefKele Meeefceue nQ
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.
DeJeceeveke
1,097.23
894.83
mebefoiOe
1,336.64
743.22
718.63
762.64
3,152.50
2,400.69
neefve
mekeue SveheerS kee pees[
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.
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 -
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&.
63
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.
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.
June 2, 2011 8:09 PM
2010 -11
64
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.
64
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.
65
June 2, 2011 8:09 PM
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;
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
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
efJeJejCe
31/03/2010
31/03/2011
1315
1561
45.95 ueeKe
62.71 ueeKe
heefjeeefuele SerSce keer mebKee

peejer [sefye kee[& keer mebKee
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
31/03/2010 31/03/2011
Gheeesiekelee&Deesb keer mebKee

efuebke efkees ieS KeeleeW keer mebKee
3,66,605
5,73,575
12,91,847
21,90,700
Je<e& 2010-11 kes oewjeve keer ieF& veF& henueW
metevee eeweesefiekeer mebyebOeer YeefJe<e keer eespeveeSb
ke) DeeF&heerDees/SHeheerDees kes Dee@@veueeFve DebMeoeve (SSmeyeerS) kees Fvesyeue

efkeee ieee
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.
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.
Serce uesveosveeW keer ye{er ngF& cee$ee SJeb Deefleefjkele SerSce Keesueves nsleg
yeQke ves SerSce efmJee kees Deheies[ kejves kee emleeJe jKee nw.
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.
yeQke ves ieenke kees Ske megKeo DevegYeJe eoeve kejves nsleg mebheke& keW
meesuetMeve kes keeee&vJeeve keer eespevee leweej keer nw.
ie) Fme megefJeOee hej eefleefove Deewmele efndme 600 mes DeefOeke Les.
efJeefYevve mesJee ewveueeW kes eje yeeOeejefnle SJeb kegMeue mesJee mebYeJe yeveeves nsleg
yeQke ves Fbjves yeQekf ebie, SerSce SJeb Deve ef[efueJejer ewveueeW kes ceeOece mes
Deefleefjkele ieenkekeWer henueW kejves keer eespevee leweej keer nw.
ye[ewoe DeejerpeerSme/SveF&SHeer
efJeJejCe
efyepevesme ee@mesme efjFbpeerevf eeefjib e eespevee kes efnmmes kes he ceW yeQke ves
MeeKeeDeesb kes yeQke Dee@e@ Hf eme keeees kees keWerke=le kejves keer eespevee yeveeF& nw
leeefke MeeKeeSb efyeeer SJeb mesJee keWesb kes he ceW MeerIe heefjCele nes mekeW.
2009-10
DeejerpeerSme
DeeJeke uesveosveeW keer mebKee
2010-11
SveF&SHeer
DeejerpeerSme
SveF&SHeer
8,85,527 15,83,158 13,98,612 34,24,515
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.
peeJeke uesveosveeW keer mebKee
F&- efyepevesme
Deewmele uesveosve eefleefove (DeeJeke)
yeQke kee F& efyepevesme efJeYeeie efJeefYevve ekeej kes Jewkeefuheke ef[ueerJejer ewveue
(S[ermeer) pewmes SerSce, Fbjves yeQefkebie (ye[ewoe keveske), DeejerpeerSme/
4,774
7,674
5,793
17,035
Deewmele uesveosve eefleefove (peeJeke)
6,516
3,105
7,235
8,015
65
12,93,970
6,61,923 19,25,969 14,88,661
66
June 2, 2011 8:09 PM
2010 -11
ye[ewoe vekeoer eyebOeve mesJeeSb
SeDeej eeweesefiekeer kee efeeevJeeve
ejCeye he mes Fve mesJeeDeesb kees 100 Deewj keWesb hej efJemleeefjle kejves
keer eespevee nw.
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
me#ecelee efvecee&Ce mebyebOeer SeDeej henueW
efJelleere Je<e& 2010-11 kes oewjeve yeermeerSceSme ceW 10,08,000 uesveosve

efkees ieS efpemekee kegue ve&DeesJej 11,027 kejes[ hees Lee.
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.
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.
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.
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 :
66
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.
67
June 2, 2011 8:09 PM
2010 -11
efJekeeme SJeb keueeCe kes mebyebOe ceW efkees ieS cenlJehetCe& eeemeeW kee veeres
GuuesKe efkeee ieee nw.
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.
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.
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
302
efueefheke mes DeefOekeejer
519
kee- I mes cee -II ( DeefOekeejer mes eyebOeke)
1001
cee- II mes cee -III ( eyebOeke mes Jeefj<"

eyebOeke)
971
31 ceee& 2011 keer efmLeefle kes Devegmeej Deveg.peeefle Deewj Deveg. pevepeeefleeeW
kes meomeeW keer meHe mebKee Deewj eefleefveefOelJe efvecveevegmeej nw :
cee- III mes Jee -IV (Jeefj<" eyebOeke mes cegKe

eyebOeke)
240
esCeer
Jee-IVmes Jee-V (cegKe eyebOeke mes meneeke

ceneeyebOeke)
70
Jee-V mes Gkeees - VI (meneeke ceneeyebOeke

mes Ghe ceneeyebOeke)
33
Gkeees- VI mes Gkeees -VII (Ghe ceneeyebOeke

mes ceneeyebOeke)
15
kegue Deveg.peeefle Deveg.peeefle

%
Deveg.
Deveg.
pevepeeefle pevepeeefle
%
DeefOekeejer
15,759
2,743
17.41
1,024
6.50
efueefheke
15,628
2,317
14.83
943
6.03
7,998
2,834
35.43
724
9.05
39,385
7,894
20.04
2,691
6.83
DeOeervemLe meHe
kegue
Deveg.peeefle / Deveg.pevepeeefle ke#e
ceeveJe mebmeeOeve veerefleeeW SJeb eCeeefueeeW keer meceer#ee
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.
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& .
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
68
June 2, 2011 8:09 PM
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.
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.
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.
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

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.
DeOe#e SJeb eyebOe efveosMeke, eer Sce.[er. ceuee ye[ewoe-veskem efjFvHeesme&ceW

DeefYeeeve-~~ kee MegYeejbYe kejles ngS
ceekexefbie kes Deve eeeme
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
68
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.
69
ueerke mes nkej meesevee
June 2, 2011 8:09 PM
2010 -11
[e@. S. heer. pes. Deyogue keueece kes neLeeW eoeve efkeee ieee.
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.
kevpetcej meghej ye[bw me hegjmkeej - Yeejle kes Meer<e&mLe meghej ye[bw ceW mes
Ske nesves kes efueS - kevpetcej meghej ye[bw me Jee@uetce 3 - peveJejer 2010
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.
[erSmeDeeF&pes heerSmeet hegjmkeej - es<" keee&evf e<heeove Deewj meeJe&peefveke

#es$e kes yeQkeeW eje Yeejleere DeLe&JeJemLee ceW es<" eesieoeve kes efueS oueeue mêr FvJesmceW peve&ue - 6 Deewue 2010
owefveke Yeemkej ieghe ([erSveS) eje efmeuJej hegjmkeej - SvegDeue Fbef[ee

eeF[ SJee[& 2010 kes lenle
Sefvecess[ efmkecewve keer efJe Oeerjs Oeerjs eYeeJeer yeveleer ieF& Deewj yeQke
kes Deebleefjke leLee yeenjer efnleOeejkeeW keer hemebo hej Kejer Glejer, keeeWefke
yeQefkebie #es$e ceW en keuhevee Devet"er Leer.
efyepevesme Fbe[f ee - yesm yeQke hegjmkeej 2010 - 5 Dekeletyej 2010
vesMeveue hegjmkeej 2010 -eOeeveceb$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.
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.
Fmekes DeueeJee ueKeveT Debeue keeee&uee heefjmej kees yeQke kes Gej eosMe
GejeKeC[ Debeue kees meeQhee ieee. Debeue keeee&uee (etheeret), #es$eere
keeee&uee (ueKeveT) Deewj Debeue efvejer#eCe kesv, ueKeveT ceF&/petve, 2010
ceW veS heefjmej ceW mLeeveevleefjle nes ieS.
Je<e& 2010-11 kes oewjeve yeQke kees eehle keg cegKe hegjmkeejeW kee efJeJejCe
Deeies os jns nQ :
efyepevesme mQ[[& - yesm yeQkej hegjmkeej - veF& efouueer ceW eOeeveceb$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
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&.
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.
keeee&vJeeve kes lenle heefjeespeveeSb
June 2, 2011 8:09 PM
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.
70
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.
70
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.
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)
MeeKeeDeesb keer
mebKee
kegue MeeKeeDeesb ceW eefleMele

efnmmesoejer
ceneveiejere
730
22
Menjer
631
19
DeOe& Menjer
832
24
ieeceerCe
1,171
35
kegue
3,364
100
54
--
efJeosMeer
71
June 2, 2011 8:09 PM
2010 -11
Iejsuet Deveg<ebefieeeb Deewj meneesieer kebheefveeeb

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
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.
osMe
(.ueeKe ceW)
DeefOekeejer meHe
mJeeefOeke=le kegue
efveefOeeeb Deeefmleeeb
Meg
ueeYe
Yeejle
12,257.34
13,076.38
406.30
27
Yeejle
11,343.65
19,070.11 1,026.91
34
117
4,933.81
7,362.97 -1,538.37
59
Yeejle
Yeejle
33,826.93 1,68,079.07 -6,475.25
Yeejle
32,298.84 3,29,206.83 4,568.76
13 1,181
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
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.
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 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
72
June 2, 2011 8:09 PM
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.
efveosMekeeW kee oeefelJe mebyebOeer DeefYekeLeve
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
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.
72
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.
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
Daya\E:\BOB A.R.2011 Ordinary#159\Corporate Governance.indd
73
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keeHeexjs ieJeveXme efjHees& 2010-11
Report on Corporate Governance 2010-11

1.

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.
2.

efveosMeke ceb[ue
2.1 efveosMeke ceb[ue kee mJehe
ece
meb.
efveosMeke ceb[ue kee ie"ve yeQekE eie efJeefveece DeefOeefveece 1949, yeQekE eie kebheveer
(GheeceeW kee Depe&ve SJeb DeblejCe) DeefOeefveece, 1970 eLee mebMeeseOf ele leLee
jeêr eke=le yeQke (heyebOeve SJeb efJeefJeOe heeJeOeeve) eespevee 1970 (eLee
mebMeeseOf ele) kes heeJeOeeveeW eje Meeefmele neslee nw.
31 ceee&, 2011 keer efmLeefle kes DevegHe efveosMeke ceb[ue kee mJeHe
efvecveevegmeej nw.
veece
Name
Sr.
No.
1 eer Sce. [er. ceuee

Shri M. D. Mallya
Heoveece
31.3.2011 kees
yeQke keer
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
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:
yeQke kes DeueeJee Deve Deve kebHeefveeeW kes yees[& keer
Position Held Oeeefjle yeQke Dee]@He GHe-meefceefleeeW keer kebHeefveeeW ceW efveosMeke kes GHe -meefceefleeeW ceW meomelee/
DeOe#elee mebKee
ye[ewoe kes MesejeW meomelee mebKee He ceW mesJeeSb mebKee
No
of Membership/
keer mebKee
No. of
No. of
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.
Other
Companies
held as on of the Bank Other than the
Bank.
31.03.2011
DeOe#e SJeb
HeyebOe efveosMeke
(keee&heeueke)
Metve
Nil
Chairman and
Managing
Director
(Executive)
73
efHHeefCeeeb (yeQke SJeb Deve kebHeefveeeW, efpeveceW Jes meome nQ,

ceW efveegefkele kee mJeHe
(31.03.2011 leke)
Remarks (nature of appointment in the Bank /

other Companies)
(As on 31.03.2011)
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[
ece
meb.
Sr.
No.
veece
Name
Heoveece
74
June 2, 2011 6:26 PM
2010 -11
31.3.2011 kees
yeQke keer
DeOe#elee mebKee
No of Membership/
keer mebKee
No. of
No. of

of the Board in
held as on of the Bank Other than the Other Companies
Bank.
31.03.2011

(31.03.2011 leke)

other Companies)
(As on 31.03.2011)
(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
75
June 2, 2011 6:26 PM
ece
meb.
veece
Name
Sr.
No.
2 eer jepeerJe kegceej ye#eer

Shri Rajiv Kumar
Bakshi
Heoveece
31.3.2011 kees
yeQke keer
DeOe#elee mebKee
No of Membership/
keer mebKee
No. of
No. of

of the Board in
Bank.
31.03.2011
keee&keejer efveosMeke
(keee&heeueke)
50
Executive
Director
(Executive)
2010 -11

(31.03.2011 leke)

other Companies)
(As on 31.03.2011)
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&heeueke)
Executive
Director
(Executive)
Metve
Nil
75
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.
(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)
ece
meb.
veece
Name
Sr.
No.
Heoveece
76
June 2, 2011 6:26 PM
2010 -11
31.3.2011 kees
yeQke keer
DeOe#elee mebKee
No of Membership/
keer mebKee
No. of
No. of

of the Board in
Bank.
31.03.2011

(31.03.2011 leke)

other Companies)
(As on 31.03.2011)
(iv) efJeeere Deeefmle kee eefleYetelf ekejCe Deewj hegvemejevee SJeb eefleYetelf e efnle kee
eJele&ve DeefOeefveece 2002 (meerFD& eejSmeSDeeF&) 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.
(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
Metve
Metve
Nil
Nil
Director
(Non
Executive)
Representing
Central
Government
9(3)(yeer) kes lenle keW mejkeej eje 9.12.2009 keer heYeeJeer leejerKe mes veeefcele.
Jes Deeieeceer DeeosMeeW leke Deheves heo hej jnWies.
(i) jeêre DeeJeeme yeQke (Sve Se yeer)
(ii) je<êre ke=ef<e Deewj eeceerCe efJekeeme yeQke (veeyee[&)
(ii) efJeeere Deeefmle kee eefleYetelf ekejCe Deewj hegvemejevee SJeb eefleYetle efnle kee
eJele&ve DeefOeefveece 2002 (meerFD& eejSmeSDeeF&) 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
hold the post until further orders.
(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
77
June 2, 2011 6:26 PM
ece
meb.
veece
Name
Sr.
No.
5 eer Deej. ieebOeer

Shri R. Gandhi
Heoveece
31.3.2011 kees
yeQke keer
DeOe#elee mebKee
No of Membership/
keer mebKee
No. of
No. of

of the Board in
Bank.
31.03.2011
efveosMeke (iewj
keee&heeueke)
Yeejleere
efj]peJe& yeQke eje
mebmlegle
Metve
Metve
Nil
Nil
Director
(Non
Executive)
Recommended
by RBI
2010 -11

(31.03.2011 leke)

other Companies)
(As on 31.03.2011)
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
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
Metve
Metve
Nil
Nil
Nil
Director (Non
Executive)
Representing
Officer
Employees
7 eer Depee ceeLegj

Shri Ajay Mathur
efveosMeke (iewj
keee&heeueke)
Director
(Non
Executive)
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
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.
Metve
Nil
Metve
Metve
Nil
Nil
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
He is Managing Partner in G.S. Mathur & Co., Chartered
Accountants, New Delhi.
77
ece
meb.
veece
Name
Sr.
No.
Heoveece
78
June 2, 2011 6:26 PM
2010 -11
31.3.2011 kees
yeQke keer
DeOe#elee mebKee
No of Membership/
keer mebKee
No. of
No. of

of the Board in
Bank.
31.03.2011
8 [e@.(eerceleer) cemej&le
Meeefno
efveosMeke (iewj
keee&heeueke)
Dr.(Smt.) Masarrat Director

Shahid
(Non
Executive)
Metve
Nil
Metve
Metve
Nil
Nil

(31.03.2011 leke)

other Companies)
(As on 31.03.2011)
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.

29.10.2009 by the Government of India u/s 9 (3) (h) 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
10 [e@. Oece&sv Yeb[ejer

Dr. Dharmendra
Bhandari
efveosMeke (iewj
keee&heeueke)
Director
(Non
Executive)
efveosMeke (iewj
keee&heeueke) keW
mejkeej mes efYeVe
MesejOeejkeeW ceW mes
efveJee&efele
Metve
Nil
Metve
Metve
Nil
Nil
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.

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
600
Director
(Non
Executive)
Elected from
amongst
Shareholders,
other than
Central
Government
78
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&ef ele nesves hej yeQke kes efveosMeke ceb[ue
kes efveosMeke 16.11.1999 mes 15.11.2002 Deewj 16.11.2005 mes 15.11.2008
leke jns nw.
79
June 2, 2011 6:26 PM
ece
meb.
veece
Name
Sr.
No.
Heoveece
31.3.2011 kees
yeQke keer
DeOe#elee mebKee
No of Membership/
keer mebKee
No. of
No. of

of the Board in
Bank.
31.03.2011
2010 -11

(31.03.2011 leke)

other Companies)
(As on 31.03.2011)
Elected as a Director by shareholders of the Bank other

than the Central Government u/s 9 (3) (i) of The Banking
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
efveosMeke (iewj
keee&heeueke) keW
mejkeej mes efYeVe
efveJee&efele
100
Director
(Non
Executive)
Elected from
amongst
Shareholders,
other than
Central
Government
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.
than the Central Government u/s 9 ((3) (i) of The Banking
to 23.12.2011.
79
ece
meb.
veece
Name
Sr.
No.
Heoveece
80
June 2, 2011 6:26 PM
2010 -11
31.3.2011 kees
yeQke keer
DeOe#elee mebKee
No of Membership/
keer mebKee
No. of
No. of

of the Board in
Bank.
31.03.2011

(31.03.2011 leke)

other Companies)
(As on 31.03.2011)
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
efveosMeke (iewj
keee&heeueke) keW
mejkeej mes efYeVe
efveJee&efele
125
Metve
Nil
Director
(Non
Executive)
Elected from
amongst
Shareholders,
other than
Central
Government
Metve
Nil
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.
than the Central Government u/s 9 (3) (i) of The Banking
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
81
June 2, 2011 6:26 PM
2010 -11
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.
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.
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.
2.3 efveosMeke ceb[ue keer yew"keW

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
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
Act, 1970, ceased to be a Director w.e.f. 01-05-2010, on
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
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
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.
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
28.04.2010
25.05.2010
21.06.2010
05.07.2010
20.07.2010
28.07.2010
29.07.2010
03.09.2010
04.10.2010
27.10.2010
28.10.2010
20.11.2010
27.12.2010
24.01.2011
28.01.2011
24.02.2011
05.03.2011
29.03.2011
81
82
2010 -11
The details of attendance of the Directors at the aforesaid

Board Meetings held during their respective tenure are as
under:
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
June 2, 2011 6:26 PM
DeJeefOe
Period
Gvekes keee&keeue kes oewjeve

Deeeesefpele yew"keW
yew"keW efpeveceW
Yeeie efueee
Meetings held during Meetings

their tenure
attended
[e@. Sce. [er. ceuee

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
01.04.2010 to 31.03.2011
19
19
Shri Rajiv Kumar Bakshi
01.04.2010 to 31.03.2011
19
19
Shri N. S. Srinath
01.04.2010 to 31.03.2011
19
18
Shri Alok Nigam
01.04.2010 to 31.03.2011
19
07
Shri A. Somasundaram
01.04.2010 to 29.07.2010
08
07
Shri Milind N. Nadkarni
01.04.2010 to 30.04.2010
02
01
Shri Ranjit Kumar Chatterjee
01.04.2010 to 19.12.2010
13
13
Dr. Atul Agarwal
01.04.2010 to 22.11.2010
13
13
Dr. (Smt.) Masarrat Shahid
01.04.2010 to 31.03.2011
19
18
Dr. Dharmendra Bhandari
01.04.2010 to 31.03.2011
19
10
Dr. Deepak B. Phatak
01.04.2010 to 31.03.2011
19
14
Shri Maulin A. Vaishnav
01.04.2010 to 31.03.2011
19
17
Shri Ajay Mathur
05.05.2010 to 31.03.2011
17
15
Shri R. Gandhi
30.07.2010 to 31.03.2011
11
08
Shri Satya Dev Tripathi
31.08.2010 to 31.03.2011
11
11
Shri V. B. Chavan
11.03.2011 to 31.03.2011
01
01
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 :
1
2
3
4
5
6
7
8
9
eer Sce.[er.ceuee
eer Sve.Sme. eerveeLe
eer Depee ceeLegj
[e@. Delegue DeeJeeue
eer ceewefueve S. Jew<CeJe
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.
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.
Shri M. D. Mallya
Executive Director
Shri N. S. Srinath
Executive Director
efveosMeke
Director
efveosMeke (iewj keeceieej)
Director (Non-workmen)
Shri Ajay Mathur
efveosMeke
Director
Dr. Atul Agarwal
efveosMeke (DeOe#e - Smeeryeer)
Director (Chairman-ACB)
efveosMeke
Director
efveosMeke - kesv mejkeej mes efYevve

Mesej OeejkeeW kes eefleefveefOe
Director - Representing Shareholders,

other than Central Government
82
83
June 2, 2011 6:26 PM

4.

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

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:
Management Committee of the Board
Audit Committee of Board (ACB)
Shareholders / Investors Grievances Committee
Share Transfer Committee
Customer Service Committees
Remuneration Committee
Nomination Committee
Committee of Directors
Committee on High Value Frauds
Sub committee of the Board on ALM & Risk

Management
4.1 efveosMeke ceb[ue keer heyebOeve meefceefle
4.1 Management Committee of the Board
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.
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.
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.
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
Undertakings) Act, 1970.
31 ceee& 2011 kees meefceefle keer mebjevee Fme hekeej nw.
(i) eer Sce.[er.ceuee
The composition of the Committee as on 31st March

2011 is as under:
(ii) eer jepeerJe kegceej ye#eer
(i) Shri M. D. Mallya
(ii) Shri Rajiv Kumar Bakshi
(iii) eer Sve. Sme. eerveeLe
(iii) Shri N. S. Srinath
(iv) eer Deej. ieebOeer
(iv) Shri R. Gandhi
(v) eer Depee ceeLegj
(v) Shri Ajay Mathur
(vi) eer mele osJe ef$ehee"er
(vi) Shri Satya Dev Tripathi
(vii) [e@. OeceX Yeb[ejer
(vii) Dr. Dharmendra Bhandari
(vii) [e@. (eerceleer) cemej&le Meeefno
(viii) Dr. (Smt.) Masarrat Shahid
efJeeere Je<e& 2010-11 kes oewjeve yees[& keer heyebOeve meefceefle (Scemeeryeer) keer
efvecveebefkele leejerKeeW kees 29 yew"keW Deeesefpele ngF&.
During the Financial Year 2010-11, the Management

Committee of the Board (MCB) met on -29- occasions
on the following dates:
83
84
June 2, 2011 6:26 PM
2010 -11
17.04.2010
27.04.2010
08.05.2010
25.05.2010
12.06.2010
22.06.2010
05.07.2010
20.07.2010
28.07.2010
14.08.2010
03.09.2010
15.09.2010
27.09.2010
04.10.2010
18.10.2010
27.10.2010
09.11.2010
20.11.2010
07.12.2010
14.12.2010
27.12.2010
10.01.2011
24.01.2011
11.02.2011
24.02.2011
10.03.2011
18.03.2011
26.03.2011
29.03.2011

Meetings of the Committee held during their respective tenure
are as under:
efveosMeke meomeeW keer Gvekes keee&keeue kes oewjeve meefceefle keer Deeeesefpele Ge yew"keeW
ceW Gvekeer GheeqmLeefle mebyebOeer efJeJejCe efvecveevegmeej nw:
eqveosMeke kee veece
DeJeefOe
Period

yew"keW efpeveceW
Yeeie efueee
Meetings held during Meetings

their tenure
attended
eer Sce. [er. ceuee
Shri M. D. Mallya
01.04.2010 to 31.03.2011
29
29
01.04.2010 to 31.03.2011
29
29
Shri N. S. Srinath
01.04.2010 to 31.03.2011
29
27
01.04.2010 to 29.07.2010
09
07
eer efceefuebo vee[keCeea
01.04.2010 to 30.04.2010
02
01
Dr Atul Agarwal
01.04.2010 to 23.05.2010
03
03
-do-
01.06.2010 to 22.11.2010
14
14
Dr.(Smt.) Masarrat Shahid
01.04.2010 to 28.07.2010
09
09
-do-
01.02.2011 to 31.03.2011
06
06
eer Depee ceeLegj
Shri Ajay Mathur
05.05.2010 to 31.03.2011
27
22
01.05.2010 to 31.10.2010
14
10
Dr Deepak B. Phatak
01.08.2010 to 31.01.2011
14
10
eer Deej. ieebOeer
Shri R. Gandhi
03.09.2010 to 31.03.2011
19
13
01.11.2010 to 31.03.2011
13
13
Dr Dharmendra Bhandari
01.12.2010 to 31.03.2011
11
04
-Jener[e@.(eerceleer) cemej&le Meeefno

-Jener-
4.2 Audit Committee of the Board (ACB)
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
84
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) Shri Ajay Mathur

(ii) Shri Rajiv Kumar Bakshi
(iv) Shri Alok Nigam
(v) Shri R. Gandhi
(vi) Shri Maulin A. Vaishnav
Chairman
Member
Member
Member
Member
Member
85
June 2, 2011 6:26 PM
2010 -11
efJeeere Je<e& 2010-11 kes oewjeve Smeeryeer ceW efvecveefueefKele efveosMeke Gvekes
mece#e GequueefKele leejerKeeW mes meome veneR jns.
(i) [e@. Delegue DeiejJeeue
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
(ii) eer S. meescemegvojce
(ii) Shri A. Somasundaram
30.07.2010
efJeeere Je<e& 2010-11 kes oewjeve yees[& keer uesKee hejer#ee meefceefle (Smeeryeer) keer
11 yew"keW efvecveefueefKele leejerKeeW Hej Deeeesefpele keer ieF&.
During the Financial Year 2010-11, the Audit Committee

of the Board (ACB) met on -11- occasions on the dates
given below:
16.11.2010
30.07.2010
28.04.2010
25.05.2010
21.06.2010
28.07.2010
29.07.2010
28.10.2010
09.11.2010
27.12.2010
28.01.2011
26.03.2011
The details of attendance of the Directors at the Meetings

of the Committee held during their respective tenure are as
under:
efveosMeke meomeeW keer Gvekes keee&keeue kes oewjeve meefceefle keer Deeeesefpele Ge yew"keeW
ceW Gvekeer GheeqmLeefle mebyebOeer efJeJejCe efvecveevegmeej nw:
eer Depee ceeLegj

eer Deeueeske efveiece
eer. ceewefueve S. Jew<CeJe
-Jenereer Deej. ieebOeer
03.09.2010
DeJeefOe
Period

yew"keW efpeveceW
Yeeie efueee
Shri Ajay Mathur
05.05.2010 to 31.03.2011
Meetings held
during their tenure
10
Meetings
attended
09
Dr Atul Agarwal
01.04.2010 to 15.11.2010
08
08
01.04.2010 to 31.03.2011
11
11
Shri N. S. Srinath
01.04.2010 to 31.03.2011
11
11
Shri Alok Nigam
01.04.2010 to 31.03.2011
11
05
01.04.2010 to 29.07.2010
05
04
01.04.2010 to 04.05.2010
01
01
-do-
16.11.2010 to 31.03.2011
03
03
Shri R. Gandhi
30.07.2010 to 31.03.2011
06
06
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.
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.
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.
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.
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.
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.
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.
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
86
June 2, 2011 6:26 PM
2010 -11
4.3 Shareholders / Investors Grievances Committee
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) keee&keejer efveosMekeieCe SJeb
(ii) eej Deve iewj keee&keejer efveosMeke Fmekes meome Deewj Ske iewj -
keee&keejer efveosMeke Fmekes DeOe#e nQ.

(i)
DeOe#e
(ii)
(iii)

[e@. Oecex Yeb[ejer
meome
meome
meome
meome
meome
(vi)
04.09.2010
The Committee includes following members:
(i)
(ii) Four Non-Executive Directors as its members with a

Non-Executive Director as its Chairman.
Executive Director (s) and
(i)
Shri Maulin A . Vaishnav
Chairman
(ii)
Member
(iii)
Shri N. S. Srinath
Member
(iv)
Member
(v)
Member
(vi)
Member
27.12.2010
DeJeefOe
Period

(meefceefle kes DeOe#e)
[e@. OeceX Yeb[ejer
24.02.2011

Meetings of the Committee held during their respective tenure
are as under:
meefceefle keer Ghejese yew"keeW ceW efveosMekeesb keer Gvekes keee&keeue kes oewjeve GHeefmLeefle
kee efJeJejCe Fme ekeej nw:
The Committee met four times during the Financial Year 2010-11
efJeeere Je<e& 2010-11 kes oewjeve meefceefle keer efvecveefueefKele leejerKeeW Hej 04 yew"keW
Deeeesefpele keer ieF :
25.05.2010
The Shareholders / Investors Grievances Committee

has been constituted by the Bank to redress shareholders
and investors complaints, if any.
The composition of the Committee as on 31st March 2011 is

as under:
31.3.2011 leke meefceefle keer mebjevee Fme ekeej nw:
(iv)
(v)

yew"keW efpeveceW
Yeeie efueee

Chairman of the Committee
01.04.2010 to 31.03.2011
Meetings held
during their tenure
04
Meetings
attended
03
01.04.2010 to 31.03.2011
04
04
Shri N. S. Srinath
01.04.2010 to 31.03.2011
04
04
01.04.2010 to 19.12.2010
02
02
01.04.2010 to 31.03.2011
04
02
03.09.2010 to 31.03.2011
03
03
01.02.2011 to 31.03.2011
01
01
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.
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.
Je<e& kes oewjeve HeeHle SJeb efveJeejCe keer ieF& efMekeeeleeW/efveJesoveeW keer mebKee kee meejebMe
veeres efoee ieee nw.
The summary of number of requests/complaints received and

resolved during the year are as under:
01.04.2010 kees yekeeee
Je<e& kes oewjeve HeeHle
Je<e& kes oewjeve efveJeejCe
31.03.2011 kees yekeeee
Pending as on 01.04.2010
Received during the year
Resolved during the year
Pending as on 31.03.2011
24
9178
9174
28
86
87
June 2, 2011 6:26 PM
2010 -11
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.
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.
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.
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 Mesej / yee@v[ DeblejCe meefceefle
4.4 Share / Bond Transfer Committee
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 :
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:
05.04.2010
09.04.2010
16.04.2010
19.04.2010
07.05.2010
15.05.2010
19.05.2010
24.05.2010
05.06.2010
10.06.2010
17.06.2010
23.06.2010
30.06.2010
01.07.2010
20.07.2010
28.07.2010
09.08.2010
12.08.2010
14.08.2010
31.08.2010
01.09.2010
15.09.2010
21.09.2010
27.09.2010
01.10.2010
08.10.2010
21.10.2010
22.10.2010
02.11.2010
09.11.2010
12.11.2010
30.11.2010
03.12.2010
08.12.2010
20.12.2010
01.01.2011
08.01.2011
20.01.2011
27.01.2011
28.01.2011
02.02.2011
11.02.2011
14.02.2011
26.02.2011
03.03.2011
08.03.2011
10.03.2011
17.03.2011
26.03.2011
4.5 Sub Committee of the Board on ALM and Risk
Management
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)
eer Sce.[er.ceuee
DeOe#e
(ii)
meome
(iii)
meome
(iv)
[e@. Oecex Yeb[ejer
meome
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:
efJeeere Je<e& kes oewjeve meefceefle keer efvecveefueefKele leejerKeeW kees -4- yew"kesb
ngF&.
21.06.2010
04.09.2010
(i)
Shri M. D. Mallya
Chairman
(ii)
Member
(iii)
Shri N. S. Srinath
Member
(iv)
Member
The Committee met -4- times during the Financial Year

27.12.2010
meefceefle keer Ghejese yew"keeW ceW efveosMekeeW keer Gvekes keee&keeue kes oewjeve
GheefmLeefle Fme ekeej jner :
87
10.03.2011
The details of attendance of the Directors at the Meetings

of the Committee held during their respective tenure are
as under:
88
June 2, 2011 6:26 PM
2010 -11
DeJeefOe
Period
Gvekes keee&keeue kes oewjeve yew"keW efpeveceW

Yeeie efueee
Meetings held
during their tenure
Meetings
attended
eer Sce.[er.ceuee
Shri M. D. Mallya
01.04.2010 to 31.03.2011
04
04
01.04.2010 to 31.03.2011
04
04
Shri N. S. Srinath
01.04.2010 to 31.03.2011
04
04
eer S.meescemegvojce
01.04.2010 to 29.07.2010
01
01
01.04.2010 to 31.03.2011
04
02
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 ieenke mesJee meefceefleeeb

(ke) efveosMeke ceb[ue keer eenke mesJee meefceefle
4.6 Customer Service Committees
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)
eer Sce.[er.ceuee
(ii)
(iii)
(iv)
[e@. (eerceleer) cemej&le Meeefno
meome
(v)
meome
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.
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.
ii.
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.
iii. 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.
88
(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)
Shri M. D. Mallya
Chairman and
Managing Director
(ii)
Executive Director
Executive Director
(iv) Dr. (Smt.) Masarrat Shahid
Member
(v)
Member
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.
ii.
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.
iii. 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.
89
June 2, 2011 6:26 PM

efJeeere Je<e& 2010-11 kes oewjeve meefceefle keer efvec>eefueefKele leejerKeeW keer eej
yew"keW ngF& :
21.06.2010
During the Financial Year 2010-11, the Committee met

-4- times on the following dates:
04.09.2010
27.12.2010
26.03.2011
The details of attendance of the Directors are as under:
efveosMekeeW keer GheefmLeefle kee efJeJejCe Fme ekeej nw :

2010 -11
DeJeefOe
Period

yew"keW efpeveceW
Yeeie efueee
Meetings held during

their tenure
Meetings
attended
eer Sce.[er.ceuee
Shri M. D. Mallya
01.04.2010 to 31.03.2011
04
04
01.04.2010 to 31.03.2011
04
04
Shri N. S. Srinath
01.04.2010 to 31.03.2011
04
04
01.04.2010 to 29.07.2010
01
01
[e@. (eerceleer) cemej&le Meeefno
Dr.(Smt.) Masarrat Shahid
01.04.2010 to 31.03.2011
04
04
03.09.2010 to 31.03.2011
03
03
(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.
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.
Fme meefceefle kee ie"ve efJeMes<e He mes pevemeeceeve kees HeeHle yeQekf ebie
megeJf eOeeDeeW Hej Oeeve kesefvle kejves leLee (i) mesJee kes ceewpetoe mlej kes
yeWeceeke& (ii)DeeJeefOeke Heieefle keer meceer#ee (iii) meceeyelee SJeb iegCeJeee
kees ye{eves (iv) Heew eeseif ekeer Gvveeve kes cesvepej Heef eee kees egekf elemebiele
yeveeves (v) HeefjJeefle&le HeefjefmLeefleeeW kes DevegHe mecegef ele Heels meenve nsleg
megPeeJe osves keer DeeJeMekelee Hej Oeeve osves nsleg efkeee ieee nw.
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.
(b) Standing Committee on Customer Service
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.
4.7 Remuneration Committee
meefceefle keer 31 ceee& 2011 keer mebjevee Fme Hekeej nw :
(i)
(ii)
(iii)
(iv)
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

eer Deej. ieebOeer
eer Depee ceeLegj
[e@. Oecex Yeb[ejer
89

90
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.
e. meb
Sr. No
veece / Name
June 2, 2011 6:26 PM
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:
heo / Designation
efJeeere Je<e& 2009-10 kes efueS

keee&efve<heeove mebyebOe, eeslmeenve
Performance Linked
Incentives for the Financial
Year 2009-10 (`)
1
eer Sce.[er.ceuee
Shri M. D. Mallya
8,00,000.00
eer Jeer. mevleevejeceve *

Shri V. Santhanaraman*
Executive Director
2,72,466.00


Executive Director
6,50,000.00
eer Sve. Sme. eerveeLe *

Shri N. S. Srinath*
Executive Director
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
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.
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.
31.03.2011 keer efmLeefle kes DevegHe meefceefle keer mebjevee Fme Hekeej nw :
(i)
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.
eer eer Deeueeske efveiece

eer Depee ceeLegj
(iii) [e@. (eerceleer) cemej&le Meeefno
(ii)
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

4.9 Committee of Directors

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
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.
91
June 2, 2011 6:26 PM

31 ceee& 2011 leke meefceefle keer mebjevee Fme ekeej nw:
(i)
efJeeere Je<e& 2010-11 kes oewjeve meefceefle keer efvec>eefueefKele efJeJejCe Devegmeej
4 yew"keW ngF&.
eer Sce.[er.ceuee
(iii) eer Deej. ieebOeer
(ii)
09.05.2010
meome kee veece
The composition of the Committee as on 31st March 2011

is as under:

(ii) Shri Alok Nigam
(iii) Shri R. Gandhi

2010-11 on the following dates:
04.09.2010
27.12.2010

2010 -11
Name
26.03.2011
The details of attendance of directors are as under:
Gvekes keee&keeue kes oewjeve Deeeesefpele

yew"keeW keer mebKee efpeveceW

Yeeie efueee

their tenure
Meetings Attended
eer Sce.[er.ceuee
Shri M. D. Mallya
04
04
Shri Alok Nigam
04
04
01
01
eer Deej. ieebOeer
Shri R. Gandhi
03
03
4.10 ye[er jeefMe keer OeesKeeOe[er kes yeejs ceW meefceefle
4.10 Committee on High Value Frauds
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.
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.
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)
(ii)
(iii)
(iv)
(v)
eer Sce.[er.ceuee
91
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:
(ii) Shri Alok Nigam
(iii) Dr. Dharmendra Bhandari
(iv) Dr. Deepak B. Phatak
(v) Shri Maulin A. Vaishnav

92
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

2010-11 as per the details below :
09.11.2010

meome kee veece
June 2, 2011 6:26 PM
Name
26.03.2011
The details of attendance of directors are as under:
Gvekes keee&keeue kes oewjeve Deeeesefpele

yew"keeW keer mebKee efpeveceW

Yeeie efueee

their tenure
Meetings Attended
eer Sce.[er.ceuee
Shri M. D. Mallya
04
04
Shri Alok Nigam
04
03
[e@ Delegue DeeJeeue
Dr. Atul Agarwal
03
03
04
03
04
03
01
01
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.
5.
Remuneration of Directors
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).
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
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:
e. meb.
veece / Name
heoveece / Designation
Amount (`)
eer Sce.[er.ceuee
13,87,200.00
11,87,145.00
11,52,552.00
Sr. No
Shri M. D. Mallya
2

3
Shri N. S. Srinath

Executive Director
Executive Director
92
93
June 2, 2011 6:26 PM

Ke. Je<e& 201011 kes efueS oewjeve Yegieleeve efkeS keee&efve<Heeove menye
Heeslmeenve:
e. meb.
Sr. No
veece / Name
Performance Linked
Incentives for the Financial
Year 2009-10 (`)
8,00,000.00
eer Jeer. mevleevejeceve*
2,72,466.00
6,50,000.00
eer Sve. Sme. eerveeLe*
2,04,795.00

Executive Director

4
keee&efve<heeove menye
eeslmeenve jeefMe
efJeeere Je<e& 2009-10
eer Sce.[er.ceuee
Shri V. Santhanaraman*
B. Performance Linked Incentives paid during

2010-11:
Shri M. D. Mallya
2
2010 -11
Executive Director
Shri N. S. Srinath*
Executive Director
* Heeslmeenve jeefMe kee Yegieleeve yeQke ceW Gvekes keee&keeue keer DeJeefOe kes DevegHeele ceW
efkeee ieee.
* Incentive payments made in proportion to his respective tenure

in the Bank.
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):
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) :
e. meb.
Sr. No.
1
2
3
4
5
6
7
8
9
10
11
eer efceefuevo Sve.vee[keCeea
[e@. Delegue DeeJeeue
[e@. Oecexv YeC[ejer
[e@. oerHeke yeer. Heeke
eer Depee ceeLegj
6. meeceeve meYee keer yew"keW

meeceeve meYee keer iele leerve Je<eeX kes oewjeve Deeeesefpele yew"keeW kee
efvecveevegmeej nw :
Dr. Atul Agarwal
Shri Ajay Mathur
Shri V. B. Chavan
efJeJejCe
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.
General Body Meetings
The details of General Body Meetings held during the last

three years are given below:
yeQ"ke kee mJehe
efoveebke SJeb mecee
mLeeve
eeespeve
yeejnJeeR Jeeef<e&ke
meeceeve yew"ke
28 pegueeF&, 2008 kees

eele: 10.30 yepes
ees. meer.meer. cesnlee Dee@[eresefjece,

pevejue SpetkesMeve mesvj,
cenejepee meeepeerjeJe etefveJeefme&er ye[ewoe,
Je[esoje 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<f ele kejvee.
Nature of Meeting
12th Annual
General Meeting
Date & Time
28th July, 2008

at 10.30 a.m.
Venue
Purpose
Prof. C.C. Mehta Auditorium,

General Education Centre,
Maharaja Sayajirao University
of Baroda, Vadodara 390 002
93
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.
94
June 2, 2011 6:26 PM
2010 -11
yeQ"ke kee mJehe
efoveebke SJeb mecee
mLeeve
eeespeve
DemeeOeejCe
meeceeve yew"ke
23 efomebyej, 2008 kees

eele: 10.00 yepes

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.
Nature of Meeting
Extra Ordinary
General Meeting
lesjnJeeR Jeeef<e&ke
meeceeve yew"ke
13th Annual
General Meeting
Date & Time
23rd December,
2008
at 10.00 a.m.

eele: 10.30 yepes
2nd July, 2009
At 10.30 a.m.
Venue
Purpose


Je[esoje 390 002
14JeeR Jeeef<e&ke
meeceeve yew"ke
14th Annual
General Meeting

eele: 10.30 yepes
5th July, 2010
At 10.30 a.m.

Je[esoje 390 002
DemeeOeejCe
meeceeve yew"ke
Extra Ordinary
General Meeting
29 ceee&, 2011 kees

eele: 10.30 yepes

29th March, 2011 cenejepee meeepeerjeJe etefveJeefme&er ye[ewoe,
at 10.30 a.m.
Je[esoje 390 002
94
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.
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.
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.
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.

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.
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.
95
June 2, 2011 6:26 PM
2010 -11
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.
7.
Disclosures
a)
There is no materially significant Related Party

Transaction that may have potential conflict with the
interests of the Bank at large.
(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.
b)
(ie) Deveg<ebefieeeW, mebegkele GeceeW leLee Smeesefmees kes MesejeW Hej ueeYeebMe keer
ieCevee JeemleefJeke HeeefHle kes DeeOeej Hej keer peeleer nw.
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.
c)
(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.
Dividend on Shares in Subsidiaries, Joint Ventures

and Associates is accounted on actual realization
basis.
d)
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.
(*) Jele&ceeve ceW kesvere meleke&lee Deeeesie keer 'efJemeue yueesDej Hee@efuemeer'
hetCe&leee Heefjeeefuele nw.
e)
As on date, the Central Vigilance Commissions

Whistle Blower Policy in toto is in place.
(e) efveosMekeeW ves metefele efkeee nw efke 31 ceee& 2011 leke efveosMekeeW kes
yeere efkemeer ekeej kee HeejmHeefjke mebyebOe vener nw.
f)
Directors have disclosed that they have no

relationship between directors inter se as on 31st
March 2011.
8. DeefveJeee& Deewj iewj-DeefveJeee& DeeJeMekeleeSb
8.
Mandatory and Non-Mandatory Requirements
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.
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.
iewj-DeefveJeee& DeeJeMekeleeDeeW kes keeee&vJeeve keer ceewpetoe efmLeefle

efvecveevegmeej nw :
The extent of implementation of non-mandatory

requirements is as under:
ece meb. iewj-DeefveJeee& DeeJeMekeleeSb
keeee&vJeeve keer efmLeefle
Sr. No. Non-mandatory requirements

1
Status of Implementation
DeOe#e kes keeee&uee kee jKe-jKeeJe, iewj keee&Heeueke DeOe#e, kebHeveer

kes Kee& Hej kejWies.
ueeiet veneR, keeeWefke DeOe#e kee Heo keee&Heeueke kee Heo nw.
Not Applicable, since the Chairmans position is Executive.
Non-executive Chairman to maintain Chairmans

Office at companys expense.
2
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.
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.
Board to set-up a Remuneration Committee to

formulate companys remuneration policy on specific
remuneration package for Executive Directors.
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.
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.
Half-yearly declaration of financial performance

including summary of significant events in last six
months to be sent to shareholders.
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.
95
96
2010 -11
ece meb. iewj-DeefveJeee& DeeJeMekeleeSb
keeee&vJeeve keer efmLeefle
Sr. No. Non-mandatory requirements

4
Status of Implementation
kebHeveer kees DevekeJeeefueHeeF[ efJeeere efJeJejefCeeeW keer JeJemLee kees

Deheveevee eeefnS.
yeQke ves DevekeJeeefueHeeF[ efJeeere efJeJejefCeeeW keer Deesj Deiemej nesves kes efueS keF&
keoce G"ees nw.
Company may move towards regime of unqualified

financial statements.
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.
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.
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.
6
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.
June 2, 2011 6:26 PM
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.
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.
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.
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.
96
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
97
June 2, 2011 6:26 PM

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.
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. MesejOeejkeeW mes mebye metevee
10. Shareholders Information
yeQke kes Mesej efvecveefueefKele me@ke SkemeeWpeeW ceW meteerye nQ :

1
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
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

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& DeYeewelf eke meteer kes Debleie&le Deeles nQ Deewj
yeQke ves DeHeves MesejeW kes DeYeewelf ekeerkejCe kes efueS vesMeveue efmekeeesejf er
ef[Heesepf ejer efue. (SveSme[erSue) leLee meWu^ e ef[Hee@epf ejer meefJe&mespe (Fbe[f ee)
efue. (meer[erSmeSue) kes meeLe kejej efkeee nw. MesejOeejke SveSme[erSue DeLeJee
meer[erSmeSue kes Heeme DeHeves MesejeW kees DeYeewelf ekeerke=le kejJee mekeles nQ.

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
Nature of Holding
Yeewefleke
De-Yeewefleke
kegue
Physical
The Banks shares are listed on the following major Stock

Exchanges in India:
2010 -11
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.
MesejeW keer mebKee / Number of shares
HeefleMele / Percentage
35957048
9.18
Dematerialized
355589031
90.82
Total
391546079
100.00
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
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&,
97
98
June 2, 2011 6:26 PM
2010 -11
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.
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
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
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:
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 :
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)
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)

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
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.
98
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. 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.
99
June 2, 2011 6:26 PM

12. Financial Calendar
12. efJeeere kewuesv[j

efJeeere Je<e& 1 Deewue 2010 mes 31 ceee& 2011
28th April 2011
Posting of Annual Report
3rd to 6th June 2011
MeefveJeej, 25 petve 2011 mes

meesceJeej, 4 pegueeF& 2011 (oesveeW
efove Meeefceue)
29 petve, 2011
Book Closure dates
Saturday, 25th June 2011

to Monday, 04th July 2011
(both days inclusive)
Last Date for receipt of Proxy

Forms
29th June 2011
14 pegueeF& 2011 mes hetJe&
Probable date of dispatch of

warrants for Dividend
Before 14th July 2011
14 pegueeF& 2011
Payment date - Dividend
14th July 2011
28 Deewue 2011
KeeleeW (mecesefkele) Hej efJeeej-efJeceMe&]

kejves nsleg efveosMeke ceb[ue keer yew"ke
27 ceF&, 2011
Yeejleere efjpeJe& yeQke kees KeeleeW keer

uesKee Hejeref#ele efJeJejCeer keer Hemleggefle
30 ceF&, 2011
15JeeR Jeeef<e&ke meeceeve yew"ke keer

leejerKe, mecee SJeb mLeeve
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
yeefneeb yebo kejves keer leejerKe
Hee@kemeer Heece& HeeHle kejves keer Debeflece

leejerKe
ueeYeebMe kes efueS Jeejb Hesef<ele kejves
keer mebYeeefJele leejerKe
ueeYeebMe Yegieleeve keer leejerKe
Description
MesejOeejkeeW keer mebKee
Sr. No.
1
2
3
4
5
6
7
8
9
10
11
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
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.
13. Shareholding Pattern as on 31st March 2011
13. 31 ceee& 2011 kees MesejOeeefjlee hewve&

ece meb. efJeJejCe
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
KeeleeW (Skeue) SJeb ueeYeebMe mebyebOeer

efmeHeeefjMeeW Hej efJeeej-efJeceMe& kejves
nsleg efveosMeke ceb[ue keer yew"ke
Jeeef<e&ke efjHees& kee Hes<eCe
2010 -11
Govt. of India (Promoters)

Mutual Funds/UTI
Mesej FefkeJeer kee HeefleMele
No. of Share
Holders
Shares
% to Equity
223279579
57.03
175
34378300
8.78
Financial Institutions / Banks
23
588219
0.15
Insurance Companies
23
27648526
7.06
Foreign Institutional Investors

Bodies Corporate
Resident Individuals
Non Resident Indians
Overseas Corporate Bodies
Trusts
Clearing Members
Total
99
354
64851872
16.56
1789
18397057
4.70
166695
20117509
5.13
2993
2018422
0.52
22000
0.01
19
36888
0.01
237
207707
0.05
172313
391546079
100.00
100
June 2, 2011 6:26 PM
2010 -11
14. Status Of Shares Lying In Escrow/Suspense Account

as on 31st March 2011
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
efJeeere Je<e& 2010-11 kes oewjeve

eeHle DevegjesOeeW keer mebKee
31 ceee& 2011 kees Debeflece Mes<e
No. of requests
received during the
Financial Year 2010-11
Shares credited during the

Financial Year 2010-11
ceeceues / Cases Mesej / Shares
ceeceues / Cases
Mesej / Shares
ceeceues / Cases
268
30201
108
*Ssmes
efJeeere Je<e& 2010-11 kes oewjeve

esef[ efkeS ieS Mesej
72
Closing Balance as on
31st March 2011
ceeceues / Cases
Mesej / Shares
196
22628*
7573
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
15. Distribution of Shareholders - Categorywise as on

31st March 2011
ceeceueeW keer mebKee
No. of Cases
ceeceueeW kee %
% of Cases
Total Shares
kegue Mesej
jeefMe (Debefkele cetue)
jeefMe kee %
% of Amount
168567
97.84
17808789
178087890.00
4.55
5001 - 10000
2092
1.21
1683123
16831230.00
0.43
10001 - 20000
642
0.37
989381
9893810.00
0.25
20001 - 30000
191
0.11
496551
4965510.00
0.13
30001 - 40000
85
0.05
307803
3078030.00
0.08
40001 - 50000
71
0.04
340072
3400720.00
0.09
50001 - 100000
143
0.08
1101593
11015930.00
0.28
100001 & Above
522
0.30
368818767
3688187670.00
94.19
172313
100.00
391546079
3915460790.00
100.00
mebJeie&
Category
1 - 5000
Total
16. 31 ceee& 2011 kees MesejOeejkeeW kee Yeewieesefueke ef mes (jepe-Jeej)

efJelejCe
16. Geographical (State Wise) Distribution of Shareholders

as at 31st March 2011
jepe
State
DeebOe HeosMe
ANDHRA PRADESH
DeCeeeue HeosMe
ARUNACHAL PRADESH
Demece
ece meb.
Amount `
(Face Value)
Cases
Shares
Mesej
(MesejeW keer mebKee)
6211
844613
0.22
14
1639
0.00
ASSAM
447
52591
0.01
efyenej
BIHAR
2801
274064
0.07
eb[erie{
CHANDIGARH
431
58679
0.01
efouueer
DELHI
7120
224469686
57.33
ieesJee
GOA
1378
195456
0.05
iegpejele
GUJARAT
40862
5223739
1.34
nefjeeCee
HARYANA
1862
217854
0.06
10
efnceeeue HeosMe
HIMACHAL PRADESH
238
24087
0.00
Sr. No.
ceeceues
100
% (No. of
Shares)
101
June 2, 2011 6:26 PM
jepe
State
11
peccet SJeb keMceerj
JAMMU & KASHMIR
12
kevee&ke
13
ece meb.
Cases
Shares
Mesej
(MesejeW keer mebKee)
195
25456
0.00
KARNATAKA
7082
730578
0.19
kesjue
KERALA
2819
404589
0.10
14
ceOeHeosMe
MADHYA PRADESH
4727
661636
0.17
15
ceneje<^
MAHARASHTRA
51070
150724708
38.50
16
cesIeeuee
MEGHALAYA
91
12542
0.00
17
veeieeueQ[
NAGALAND
102
22687
0.00
18
G[ermee
ORISSA
1038
105117
0.03
19
hebpeeye
PUNJAB
1516
195239
0.05
20
jepemLeeve
RAJASTHAN
10293
1225849
0.32
21
leefceuevee[g
TAMIL NADU
11004
1942214
0.50
22
ef$ehegje
TRIPURA
114
16188
0.00
23
GejHeosMe
UTTAR PRADESH
12204
1538011
0.40
24
Heefece yebieeue
WEST BENGAL
5523
1083921
0.27
25
Deve
OTHERS
3171
1494936
0.38
kegue
Total
172313
391546079
100.00
Sr. No.
ceeceues
2010 -11
17. me@ke SkemeeWpeeW ceW MesejeW kes meewoeW keer cee$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)
vesMeveue me@ke SkemeeWpe Dee@He Fbef[ee efue. (SveSmeF&)
National Stock Exchange of India Limited (NSE)
Gelece (.)
Highest (`)
% (No. of
Shares)
vetvelece (.)
Lowest (`)
yee@cyes me@ke SkemeeWpe efue. (yeerSmeF&)
Bombay Stock Exchange Ltd. (BSE)
meewoeW keer cee$ee

(mebKee)
Highest (`)
Gelece (.)
vetvelece (.)
Lowest (`)
Volume Traded
(Nos.)
meewoeW keer cee$ee

(mebKee)
Volume
Traded (Nos.)
DeHewue 2010
APR 2010
702.00
615.85
14914982
701.95
616.00
2603626
ceF&
2010
MAY 2010
726.00
653.60
12861573
722.70
655.20
2146775
petve 2010
JUN 2010
754.50
678.25
12603181
753.35
678.50
1836906
pegueeF& 2010
JUL 2010
764.00
690.80
9042643
762.40
695.50
2320588
Deiemle 2010
AUG 2010
848.00
750.20
8555922
848.00
750.30
1985239
efmelebyej 2010
SEP 2010
906.00
802.30
5982809
905.30
803.95
1126910
Dekeletyej 2010
OCT 2010
1049.00
872.60
10923826
1048.65
875.30
1991143
veJebyej 2010
NOV 2010
1051.90
836.25
6881088
1050.00
835.00
1586167
efomebyej 2010
DEC 2010
999.50
862.00
6704981
999.95
860.00
1500897
peveJejer 2011
JAN 2011
906.95
805.25
9929651
906.50
783.50
2592608
HejJejer 2011
FEB 2011
969.00
795.25
6603376
932.00
798.00
1383035
ceee& 2011
MAR 2011
974.00
860.40
8446660
973.00
869.00
1145024
101
102
June 2, 2011 6:26 PM
2010 -11
18. efJelleere Je<e& 2010-11 kes oewjeve efveegkele efveosMekeeW kee Heefjee
18. Profile of Directors Appointed During the Financial Year

2010-11
18.1 eer Depee ceeLegj
18.1 Shri Ajay Mathur
veece
eer Depee ceeLegj
Name
Shri Ajay Mathur
helee
168, ieesuHe efuebkeme,

veF& efouueer - 110003
Address
168, Golf Links
pevceefleefLe
22.09.1958
Date of Birth
22.09.1958
Deeeg
52 Je<e&
Age
52 Years
eesieleeSb
1. yeer. kee@ce (Dee@veme&)

2. SHe. meer. S.
Qualifications
1) B. Com. (Hons.)
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.
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,
DevegYeJe
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.
Experience
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.
Deve kebheefveeeW ceW

efveosMeke DeLeJee
meefceefle heoeW hej keee&
Metve
Directorship
or Committee
Positions held in
other Companies
NIL
yeQke Dee@]He ye[ewoe ceW

Oeeefjle MesejeW keer mebKee
Metve
No. of Shares held

in Bank of Baroda
NIL
New Delhi 110003
2) F.C.A.
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.
102
103
June 2, 2011 6:26 PM
2010 -11
18.2 Shri R. Gandhi
18.2 eer Deej. ieebOeer

veece
eer Deej. ieebOeer
Name
Shri R. Gandhi
helee
01.04.2011 mes keee&keejer efveosMeke

Yeejleere efj]peJe& yeQke, kesvere keeee&uee,
17Jeeb leue, Menero Yeiele efmebn jes[,
cegbyeF&-400001
Address
Executive Director w.e.f. 01-04-2011

Reserve Bank of India, Central Office
17th Floor, Shahid Bhagat Singh Road
Mumbai 400001
pevceefleefLe
04.04.1956
Date of Birth
04.04.1956
Deeeg
54 Je<e&
Age
54 Years
eesielee
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 uf eee)
5) ieebOeer efJeeejOeeje ceW meef&efHekes
Qualifications
1)
2)
3)
4)

efveegefe kee mJehe

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.
Nature of
appointment as
Director
Nominated as a Director w.e.f. 30.07.2010

(representing RBI) by the Central
Government u/s 9 (3) (c) of The Banking
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.
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.
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
Metve
No. of Shares held

in Bank of Baroda
NIL
103
M. A. (Economics)
C.A.I.I.B.
P.G. Certificate in MIS (USA)
Certificate in System Programming
(Australia)
5) Certificate in Gandhian Thoughts
104
June 2, 2011 6:26 PM
2010 -11
18.3 Shri Satya Dev Tripathi
18.3 eer mele osJe ef$ehee"er

veece
Name
helee
18/62, Fbefoje veiej,

ueKeveT-226016
Address
18 / 62, Indira Nagar
pevceefleefLe
05.03.1944
Date of Birth
05.03.1944
Deeeg
66 Je<e&
Age
66 Years
eesielee
1) Sce. S.
2) SueSue. yeer.
Qualifications
1) M. A.

efveegefe kee mJehe

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.
Nature of
appointment as
Director
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,
DevegYeJe
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.
Experience
Shri Satya Dev Tripathi has been

practising Law in Allahabad High Court
since 1971.

hej keee&
Metve
Directorship
or Committee
Positions held in
other Companies
NIL

MesejeW keer mebKee
Metve
No. of Shares held

in Bank of Baroda
NIL
Lucknow 226016
2) LL. B.
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.
104
105
June 2, 2011 6:26 PM
2010 -11
18.4 Shri V. B. Chavan
18.4 eer Jeer. yeer. eJneCe

veece
Name
Shri V. B. Chavan
helee

efjsue ueesve Hewkeêr (hegCes)
1187, 69/2, eieefle ewcyeme&
Ieesues jes[, hegCes-411005
Address
Bank of Baroda
Retail Loan Factory (Pune)
1187, 69/2, Pragati Chambers
Ghole Road
Pune - 411 005
pevceefleefLe
15.01.1954
Date of Birth
15.01.1954
Deeeg
57 Je<e&
Age
57 years
eesielee
1) yeer.Smemeer (ke=ef<e)
2) meerSDeeF&DeeF&yeer (Yeeie 1)
Qualifications
1) B. Sc. (Agriculture)

efveegefe kee mJehe

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.
Nature of
appointment as
Director
Nominated as Officer Employee Director

w.e.f. 11.03.2011 by The Central
Government u/s 9 (3) (f) of The Banking
Undertakings) Act, 1970 for a Period of
three years or till he ceases to be officer
of Bank of Baroda or until further orders,
DevegYeJe
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.
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.

hej keee&
Metve
Directorship
or Committee
Positions held in
other Companies
NIL

MesejeW keer mebKee
490
No. of Shares held

in Bank of Baroda
490
2) CAIIB (Part I)
105
106
June 2, 2011 6:26 PM
2010 -11
keeheexjs ieJeveXme keer MeleeX kes Devegheeueve mes mebyebefOele uesKee hejer#ekeeW kee eceeCe-he$e
Auditors Certificate on Compliance of Conditions of Corporate Governance
yeQke Dee@He ye[ewoe kes meomeeW kes efueS,
To: The Members of Bank of Baroda,
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.
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.
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.
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.
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.
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.
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.
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.

meveoer uesKeekeej
SHeDeejSve: 000497 Sve
(mebpeerJe veejeeCe)
Yeeieeroej
Sce. veb.: 84205

meveoer uesKeekeej
SHeDeejSve: 000745 meer
(mebpeerJe kehetj)
Yeeieeroej
Sce. veb.: 70487

meveoer uesKeekeej
SHeDeejSve: 302081 F&
(yeer. kes. efyemJeeme)
Yeeieeroej
Sce. veb.: 055623

FRN: 000497N
(Sanjeev Narayan)
Partner
M. No. 84205

FRN: 000745C
(Sanjiv Kapoor)
Partner
M. No. 70487

FRN: 302081E
(B. K. Biswas)
Partner
M. No. 055623

meveoer uesKeekeej
SHeDeejSve: 103523 [yuet
(jekesMe je"er)
Yeeieeroej
Sce. veb.: 045228

meveoer uesKeekeej
(ieewlece Meen)
Yeeieeroej
Sce. veb.: 117348

meveoer uesKeekeej
SHeDeejSve: 000511 Sme
(kes. efpeleW kegceej)
Yeeieeroej
Sce. veb.: 201825

FRN: 103523W
(Rakesh Rathi)
Partner
M. No. 045228

FRN: 105146W
(Gautam Shah)
Partner
M No.117348
For Brahmayya & Co.

FRN: 000511S
(K. Jitendra Kumar)
Partner
M No.201825
mLeeve / Place: cegbyeF& / Mumbai

efoveebke / Date: 27.05.2011
106
107
June 2, 2011 6:26 PM

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)
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,
108
June 2, 2011 6:26 PM
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 youdo not wishto 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
109
June 2, 2011 6:26 PM
2010 -11
Iees<eCee-He$e
DECLARATION
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
Declaration of the Chairman and Managing Director pursuant

to clause 49 (I) (D) of Listing Agreement with Stock
Exchanges.
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.
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.
ke=les yeQke Dee@He ye[ewoe
For Bank of Baroda
(Sce. [er. ceuee)

(M. D. Mallya)

mLeeve : cegbyeF&
efoveebke : 20 ceF&, 2011
Place : Mumbai
Date : 20th May, 2011
109
Daya\E:\BOB A.R.2011 Ordinary#159\Bassel II.indd
110
June 2, 2011 7:00 PM
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.
Devegeeesie kee #es$e
ke. ekeerkejCe kee esceJeke& yeQke Dee@He ye[ewoe hej meesuees DeeOeej hej ueeiet neslee
nw, pees efke mecetn ceW meJeexe yeQke nQ.
Ke. yeQke keer efvecveefueefKele Iejsuet leLee efJeosMeer oesveeW ekeej keer Deveg<ebefieeeb,
meneeke FkeeFeeb leLee mebege Gece nQ :
ece mebKee
Sr. No.
i
ii.
iii.
iv.
v.
vi.
vii.
viii.
ix.
x.
xi.
xii.
Sr. No.
i
ii
iii
iv
v
vi
vii
Deveg<ebieer (Iejsuet)
vewveerleeue yeQke efueefces[
yee@yekee[&dme efueefces[
yee@ye kesefheue ceekex efueefces[
Deveg<ebieer (efJeosMeer)
yeQke Dee@He ye[ewoe (et.kes.) efueefces[
yeQke Dee@He ye[ewoe (etieev[e) efueefces[
yeQke Dee@He ye[ewoe (kesvee) efueefces[
yeQke Dee@He ye[ewoe (iegeevee) Fbke.
yeQke Dee@He ye[ewoe (yeeslmJeevee) efueefces[
yeQke Dee@He ye[ewoe (leb]peeefveee) efueefces[
yeQke Dee@He ye[ewoe (ef$eefveoeo SC[ esyesiees) efueefces[
yeQke Dee@He ye[ewoe (Ieevee) efueefces[
yeQke Dee@He ye[ewoe (vetpeerueQ[) efueefces[
Sr. No.
i
i
Scope of application
a.
The framework of disclosures applies to Bank of Baroda,

on solo basis, which is the top bank in the group
b.
The Bank has following Subsidiaries Associates and

Joint ventures both domestic and foreign:
Name of the subsidiary
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.
mJeeefcelJe keer meercee
Extent of ownership
SUBSIDIARY (DOMESTIC)
Nainital Bank Limited
98.57%
BOBCARDS Limited
100.00%
BOB Capital Market Limited
100.00%
SUBSIDIARY (FOREIGN)
Bank of Baroda (U.K.) Ltd
100.00%
Bank of Baroda (Uganda) Ltd.
80.00%
Bank of Baroda (Kenya) Ltd.
86.70%
Bank of Baroda (Guyana) Inc.
100.00%
Bank of Baroda (Botswana) Ltd.
100.00%
Bank of Baroda (Tanzania) Ltd.
100.00%
Bank of Baroda (Trininad & Tobago) Ltd.
100.00%
Bank of Baroda (Ghana) Ltd
100.00%
Bank of Baroda (New Zealand) Ltd.
100.00%
The Bank also has following Associates both domestic and foreign:
Name of the associate
meneeke FkeeF& kee veece
yeQke kes efvecveefueefKele Iejsuet mebege Gece nQ.

ece mebKee
I.
Deveg<ebieer kee veece
yeQke keer efvecveefueefKele Iejsuet leLee efJeosMeer meneeke FkeeFeeb Yeer nQ.
ece mebKee
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
ASSOCIATES (DOMESTIC)
Baroda Pioneer Asset Management
Company Limited
Jhabua Dhar K G Bank
Extent of ownership
49.00%
35.00%
Nainital Almora K G Bank
35.00%
Baroda Gujarat Gramin Bank
35.00%
Baroda Rajasthan Gramin Bank
35.00%
Baroda U P Gramin Bank
35.00%
ASSOCIATE (FOREIGN)
Indo Zambia Bank Limited
20.00%
The Bank has following domestic Joint Venture.

Name of the Joint Venture
Extent of ownership
Joint Venture (DOMESTIC)

IndiaFirst Life Insurance Company Limited
44.00%
Joint Venture (FOREIGN)

India International Bank (Malaysia) Bhd.
40.00%
110
111
June 2, 2011 7:00 PM

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.
ie. efkemeer Deveg<ebieer kes ceeceues ceW hetbpeer keer keesF& keceer veneR nw.
Ie. 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.
II.
hetbpeeriele {ebee
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 . Capital structure
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 :
a.
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)
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:
yeepeoj
heefjhekeJelee keer leejerKe
Series VII
Interest Rate (%)

9.30
Date of maturity
28.12.2022
Amount in ` Crs.
500.00
Series VIII
9.30
04.01.2023
1000.00
Series IX
9.15
04.03.2024
1000.00
Series XI
8.38
08.06.2024
500.00
Series XII
8.54
08.07.2024
500.00
Series XIII
8.48
31.05.2025
500.00
Series XIV
8.48
30.06.2025
500.00
Series XV
8.52
10.08.2025
500.00
MTN Tier II Bonds

(Overseas)
6.625
25.05.2022
( 25.5.2017 kees kee@ue Dee@hMeve kes meeLe
with call option on 25.05.2017)
1337.88
Series
kegue TOTAL

eqvecve efej 2 hetbpeer

e=Kebuee
2010 -11
Series
jeefMe kejes[ . ceW
6337.88
Lower Tier 2 Capital:
yeepeoj
heefjhekeJelee keer leejerKe

Date of maturity
Amount in ` Cr
Interest Rate (%)
jeefMe kejes[ . ceW
e=Kebuee IV
Series IV
5.85
02.07.2014
300.00
e=Kebuee V
Series V
7.45
28.04.2015
770.00
e=Kebuee VI
Series VI
8.95
15.05.2016
920.00
e=Kebuee X
Series X
8.95
12.04.2018
500.00
kegue TOTAL
111
2490.00
112
June 2, 2011 7:00 PM
2010 -11
b.
Ke. yeQke keer efej - I hetbpeer Fme ekeej nw :
The Tier 1 capital of the bank is as under:

( jeefMe kejes[ . ceW Amount in ` Crore)
kegue efej - I hetbpeer

efpemeceW mes
Total Tier I Capital

Out of which:
21612.95
ii
eoe Mesej hetbpeer
ii
Paid up share capital
iii
hegvecet&ueebkeve eejef#ele efveefOeeeW kes DeueeJee eejef#ele efveefOeeeb
iii Reserves excluding revaluation reserves
iv
veJeesvces<eer yesceereeoer $e+Ce efueKele
iv Innovative Perpetual Debt Instrument
keewefleeeb
vi
hee$e efej I hetbpeer
vi Eligible Tier I Capital
392.81
19308.44
1911.70
Deductions
638.72
20974.23
ie. yeQke keer kegue efej 2 hetbpeer (efej 2 hetbpeer ceW mes Meg keewleer) 9509.19
kejes[ heS nw.
c.
The Total amount of Tier 2 capital of the bank (net of

deduction from tier 2 capital) is Rs. 9509.19 Crore.
Ie. Ge efej 2 hetbpeer ceW meceeJesMeve kes efueS hee$e $e+Ce hetbpeer efueKeleW Fme ekeej
nQ:
d.
The debt capital instruments eligible for inclusion in Upper

Tier 2 capital are:
(kejes[ . ceW Rs. in Crores)
Total amount outstanding
yekeeee kegue jeefMe

efpemeceW mes eeuet Je<e& kes oewjeve JeefOe&le jeefMe
o
Of which amount raised duringo
the current
year
.
hetbpeeriele efveefOeeeW kes he ceW ieCevee keer peeves Jeeueer hee$e jeefMe
Amount eligible to be reckoned as capital funds
*. efvecve efej 2 hetbpeer ceW meceeJesMeve kes efueS hee$e ieewCe $e+Ce hetbpeer efueKeleW Fme
ekeej nQ :
6337.88
1500.00
6337.88

e. Subordinated debt capital instruments eligible for inclusion
in Lower Tier 2 capital are:
b.
yekeeee kegue jeefMe
Total amount outstanding
efpemeceW mes eeuet Je<e& kes oewjeve JeefOe&le jeefMe
Of which amount raised during the current year
0.00
hetbpeeriele efveefOeeeW kes he ceW ieCevee keer peeves Jeeueer hee$e jeefMe
Amount eligible to be reckoned as capital funds
2216.00
e. hetbpeer heee&hlelee keer ieCevee kes efueS efej I Deewj efej II hetbpeer ceW mes
efvecveevegmeej keewleer keer ieF& nw.
f.
2490.00
For computation of Capital Adequacy, deductions as under

have been done from Tier I and Tier II capital:
ece mebKee
Nature of Deduction
keewleer kee mJehe
Sr. No.
efej I mes keewleer

efej II mes keewleer
Deduction from Tier I Deduction from Tier II
1.
eefleYeteflekejCe uesve osve kes yeejs ceW $e+Ce

ye{esllejer ieejber
Credit enhancement guarantee

in respect of securitization
transaction
5.74
5.74
2.
Deveg<ebefieeeW/mebege Gece/meneesieer
FkeeFeeW ceW efveJesMe
Investment in subsidiaries/ JV /
Associates
632.98
632.98
3.
kegue
Total
638.72
638.72
112
113
June 2, 2011 7:00 PM

g.
. kegue hee$e hetbpeer ceW efvecveefueefKele Meeefceue nQ :
2010 -11
The total eligible capital comprises of:

efej - I hetbpeer
Tier I Capital
20974.23
efej - II hetbpeer
Tier II Capital
9509.19
]kegue
TOTAL
III.
30483.42
III. Capital Adequacy
hetbpeer heee&hlelee
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.
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.
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.
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.
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:
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:
yeQke keer ceewpetoe hetbpeeriele DeeJeMekelee.

keejesyeej jCeveerelf e, veerelf e leLee peeseKf ece eJe=ef e kes meboYe& ceW ueef#ele leLee
OeejCeere hetpb eer
YeefJe<e keer hetbpeeriele Deeeespevee Deieues leerve Je<e& kees Oeeve ceW jKekej
keer peeleer nw.
hebpt eeriele eespevee kees Jeeef<e&ke DeeOeej hej mebMeeseOf ele efkeee peelee nw. yeQke keer
veerelf e Deebleefjke hetpb eer heee&hlelee cetueebkeve veerelf e (vetvelece 12% hetpb eer heee&hlelee
Devegheele ee mecee-mecee hej yeQke kes efveCe&eevegmeej) ceW efveOee&ejf le hetpb eer kees
yeveeS jKevee nw, Fmekes meeLe ner yeQke keer veerelf e YeefJe<e ceW keejesyeej Je=e
f
kes efueS hetpb eer kees yeveees jKevee nw leeefke DeeJeMeke vetvelece hetpb eer kees melele
DeeOeej hej yeveeS jKee pee mekes. Devegceeve kes DeeOeej hej yeQke Deheves efveosMeke
ceb[ue kes Devegceesove mes efej - I ee efej - 2 ceW hetpb eer mebie=nerle kejlee
nw. yeQke kes efveosMeke ceb[ue eje efleceener DeeOeej hej yeQke keer hetpb eer heee&hlelee
efmLeefle keer meceer#ee keer peeleer nw. Deewj Gmes Yeejleere efjp] eJe& 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.
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.
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.
b.
The position of Banks Risk Weighted Assets (RWA),

Minimum Capital requirement and Actual Capital
Adequacy as on 31.03.2011 are as under:
113
114
June 2, 2011 7:00 PM
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 :
Deej[yuetS (yeemesue-II)/hetbpeer
RWA(Basel-II)/Capital
(jeefMe kejes[ ` ceW/
Amount in ` Crore)
Portfolios subject to standardised approach in

respect of credit risk
187744.44
Securitisation exposures (RWA)
Metve/NIL
187744.44
Total RWAs in Credit Risk

Minimum Capital Requirement for Credit Risk
@9.00% of the RWAs
16896.99
(ii) market risk :
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
6021.44
225.00
4568.38
10814.82
973.33
11331.22
1019.81
209890.48
18890.14
RWAs
(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
(v) Actual Position

Eligible Tier I Capital
Eligible Tier II Capital
9509.19
Total Eligible Capital
30483.42
Total capital ratio for Bank of Baroda:

CRAR
$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.
20974.23
14.52%
Tier I capital to Total RWA
9.99%
Tier II capital to Total RWA
4.53%
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
115
June 2, 2011 7:00 PM

iv) DeuheeJeefOe HemeueeW kes efueS oes Hemeueer ceewmeceeW nsleg cetue jeefMe keer
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)
en DeefOeceeve MesejeW Hej peneB efveOee&efjle ueeYeebMe kee Yegieleeve venerb

efkeee ieee nw, DeeJeMeke HeefjJele&veeW meefnle ueeiet neslee nw.
(iii)
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.
(iv)
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.
(v)
ef[yeWej / yeeb[ ces efveJesMe pees efke Deefece kes He ceW ceeves peeles nQ,
efveJesMe Hej ueeiet nesves Jeeues SveHeerDeeF& ceeveob[ kes DeOeOeerve nQ.
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 eefleYetelf e kee Jemetueer eesie
cetue, yekeeee Mes<e / oseeW kee 10% mes DeefOeke veneR neslee nw.
2010 -11
IV. 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.
115
116
June 2, 2011 7:00 PM
2010 -11
Ke. keee&veerefle SJeb eefeeeSb

yeQke keer, $e+Ce peeseKf ece eyebOeve kes cenlJehetCe& #es$eeW kees Meeefceue kejles ngS hetCe& he
mes heefjYeeef<ele $e+Ce veerelf e SJeb efveJesMe veerelf e nw pees efvecveevegmeej nw :
DeLe&JeJemLee kes efJeefYeVe #es$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.
$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.
b. 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.
c. 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
117
June 2, 2011 7:00 PM
$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.
Ie. peeseKf ece efjheexef ib e keer mebYeeJeveeSb Je eke=efle Deewj/DeLeJee Deekeueve heefle

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 peeseKf ece jsef ib e eCeeueer Devleje&e^ r e mlej hej Deheveees pee
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:
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.
d.
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.
e. 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)
Geesie
Industry
(i) kegue mekeue $e+Ce peesefKece yekeeee
(i) Total gross credit risk

outstanding balance (global)
Mes<e (Jewefeke)
(ii) yekeeee Mes<e kee Yeewieesefueke efJelejCe
1. Iejsuet
2. DeesJejmeerpe
(iii) yekeeee Mes<e kee Geesie kes he ceW efJelejCe
(Iejsuet)
Geesie
keeseuee
Keveve
ueesne SJeb Fmheele
Deve Oeeleg SJeb Oeeleg Glheeo

meYeer Fbpeerefveeefjbie
2010 -11
efveefOe DeeOeeefjle
iewjefveefOe DeeOeeefjle
Fund based Non Fund Based
(ii) Geographic distribution of

outstanding balance

1.Domestic

2. Overseas
kegue
Total
231325.53
42065.47 273391.00
171801.48
33094.97 204896.45
59524.05
8970.50
68494.55
89.42
80.59
170.01
800.19
225.39
1025.58
IRON & STEEL
8081.70
3262.02
11343.72
OTHER METALS & METAL

PRODUCT
ALL ENGINEERING
2555.81
668.36
3224.17
5427.73
4339.55
9767.28
(iii) Industry distribution of

outstanding balance (Domestic)
Industry
COAL
MINING
117
118
June 2, 2011 7:00 PM
2010 -11
Geesie
Industry
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
efveefOe DeeOeeefjle
iewjefveefOe DeeOeeefjle
OF WHICH : ELECTRONICS
1491.55
344.48
1836.03
ELECTRICITY (GEN. & TRANS.)
8018.35
232.82
8251.17
COTTON TEXTILES
3538.88
305.73
3844.61
112.06
41.51
153.56
4849.66
805.18
5654.84
803.47
8.22
811.69
Fund based Non Fund Based
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
JUTE TEXTILES
OTHERS TEXTILES
SUGAR
TEA
kegue
Total
33.40
0.54
33.94
2065.33
211.26
2276.59
VEGETABLE OILS (INCL.VANASPA
474.59
906.99
1381.58
TOBACCO & TOBACCO

PRODUCTS
PAPER & PAPER PRODUCTS
144.32
2.77
147.09
1058.45
241.42
1299.86
FOOD PROCESSING
RUBBER & RUBBER PRODUCTS
725.48
91.53
817.01
5013.88
1439.04
6452.91
FERTILIZERS
483.09
547.83
1030.92
PETRO-CHEMICALS
325.87
120.11
445.98
CHEMICALS,DYES,PAINTS &
PHAR
OF WHICH :
DRUGS & PHARMACEUTI
1990.71
205.60
2196.31
CEMENT
838.68
106.82
945.50
LEATHER & LEATHER PRODUCTS
329.27
88.00
417.28
GEMS & JEWELLERY
856.40
58.14
914.54
CONSTRUCTION
3641.64
794.98
4436.62
PETROLEUM
3422.14
36.56
3458.70
AUTOMOBILES INCLUDING
TRUCKS
COMPUTER SOFTWARE
1553.87
546.84
2100.71
108.66
65.79
174.44
18714.01
4579.26
23293.26
POWER
5981.65
1631.46
7613.11
TELECOMMUNICATION
5066.72
590.16
5656.88
ROADS
3642.45
1697.08
5339.53
PORTS
1180.30
93.09
1273.39
OTHER INFRASTRUCTURE
2842.88
567.47
3410.35
NBFCs
8450.63
4.12
8454.75
TRADING
7766.94
4444.35
12211.29
OTHER INDUSTRIES
4383.19
1738.90
6122.10
234.61
5.16
239.77
INFRASTRUCTURE
OF WHICH:
OF WHICH: BEVERAGES
WOOD
369.94
74.34
444.28
GLASS
528.14
115.26
643.40
1959.74
453.21
2412.96
PLASTIC
TOTAL
93858.15
118
25326.68 119184.84
119
June 2, 2011 7:00 PM
Credit exposure in industries where out standing exposure is

more than 5% of the total domestic credit exposure of the bank
are as follows:
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
2010 -11
Skemehees]pej jeefMe (kejes[ . ceW) kegue Iejsuet Skemehees]pej kee %
Geesie
Industry
Exposure amt. (in cr.)
% of Total Domestic
Exposure
Sr no
ueesne Deewj Fmheele Iron and Steel
11343.72
9.52
^sef[bie Trading
12211.29
10.24
efJeegle (pesvejsMeve SJeb êbme) Electricity (generation & Trans)
8251.17
6.92
kesefcekeue, [eF& heWdme leLee Heecee&. Chem., Dyes, Paints & Pharma
6452.91
5.41
Hee@Jej Power
7613.11
6.39
SveyeerSHemeer NBFC
8454.75
7.09
e. DeefmleeeW keer DeJeefMe heefjhekeJelee kee efJeues<eCe

meceeeJeefOe
Time
bucket
f . Residual maturity breakdown of assets
Deefece Advances
Domestic Domestic
Rupee
Fgn
Currency
Int'l
efveJesMe Investments
Total (A)
Domestic
Int'l
efJeosMeer cege Deeefmleeeb
Other Foreign Currency Assets
Total (B) Domestic
Int'l
Total
(C )
kegue
Deeefmleeeb
eefleMele
%age
Total
Assets
(A+B+C)
1 efove
1 Day
1186.80
14.27
1988.15
3189.22
308.78
0.00
308.78
9.00
7638.87 7647.87
11145.87
3.26%
2-7 efove
2-7 Days
3160.64
56.19
838.37
4055.21
987.36
34.01
1021.37
98.23
4149.38 4247.61
9324.19
2.72%
8-14 efove
8-14 Days
3652.65
39.70
1027.53
4719.87
164.08
97.86
261.94
334.88
1613.21 1948.09
6929.90
2.03%
15-28 efove
15-28 Days
2402.46
88.68
2674.75
5165.89
336.91
136.82
473.73
160.74
2453.02 2613.76
8253.38
2.41%
29 efove-90 efove 29-90 Days
14534.43
1231.21
11291.31
27056.95
2611.74
277.00
2888.74
3 cenerves-6 cenerves 3-6 months
16902.58
1510.14
10811.09
29223.81
555.02
522.87
1077.89
0.00
3871.13 3871.13
34172.83
6 cenerves-12 cenerves 6 - 12 months 19417.59
1145.57
9597.38
30160.55
1672.34
322.36
1994.70
0.00
5121.81 5121.81
37277.06 10.89%
6539.49
761.61
7301.10
99.44
1167.03 1266.47
51882.20 15.16%
1803.04 10254.57 12057.61
1 Je<e&-3 Je<e&
1-3 years
34565.53
74.45
8674.65
43314.63
3 Je<e&-5 Je<e&
3-5 years
19949.56
28.84
9012.85
28991.24 13188.01
733.93 13921.94
0.00
5 Je<e& mes DeefOeke Over 5 years 49437.27
9.31
3352.41
52798.99 41300.64
709.80 42010.44
0.00
4198.36
59268.49
228676.36 67664.37
3596.26 71260.63
TOTAL
kegue
165209.51
. iewj eqve<heeoke DeefeceeW SJeb efveJesMeeW kes yeejs ceW ekeerkejCe

eceebke
913.01
43826.19 12.81%
2564.68 2564.68
97374.11 28.46%
2505.33 39746.71 42252.04 342189.03 100.00%
jeeqMe kejes[ ` ceW

Amount in ` Crores
NPAs (Gross):
3152.50
DeJeceeveke
Substandard
1097.23
mebefoiOe 1
Doubtful 1
857.66
mebefoiOe 2
Doubtful 2
390.44
mebefoiOe 3
Doubtful 3
88.54
neefve
Loss
SveheerS (mekeue)
9.99%
Disclosures in respect of Non Performing Advances and

Investments
Asset Category
Deeefmle esCeer
Sr. No.
i
g.
913.01
42003.30 12.27%
119
718.63
eceebke
June 2, 2011 7:00 PM
2010 -11
Asset Category
Deeefmle esCeer
Sr. No.
ii
120
Meg SveheerS
ii
iii
iv
vi
vii
SveheerS Devegheele
Net NPAs
Total
kegue
iii
jeeqMe kejes[ ` ceW

Amount in ` Crores
790.88
NPA Ratios
mekeue DeefeceeW ceW mekeue SveheerS
Gross NPAs to gross advances
1.36%
efveJeue Deefece ceW efveJeue SveheerS
Net NPAs to net advances
0.35%
SveheerS (mekeue) kee cetJeceW
iv
Movement of NPA(Gross)
eejbefYeke Mes<e
Opening balance
2400.69
pees[
Additions
1897.01
IeeJe
Reductions
1145.20
Deefvlece Mes<e
Closing balance
3152.50
SveheerS kes efueS eeJeOeeve kee cetJeceW
Movement of provisions for NPAs
eejbefYeke Mes<e
Opening balance
1798.37
Je<e& kes oewjeve efkeee ieee eeJeOeeve
Provisions made during the year
1178.86
yes Keeles/DeefOeke eeJeOeeve kee hegvejebkeve
Write off/ Write back of excess provision
Deefvlece Mes<e
Closing balance
iewj efve<heeoke efveJesMe
vi
615.61
2361.62
Non Performing Investments
iewj efve<heeoke efveJesMe jeeqMe
Amount of Non-Performing Investments
275.63
iewj efve<heeoke efveJesMe kes efueS jKes iees eeJeOeeve keer

jeeqMe
Amount of provisions held for nonperforming investment
242.46
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
Opening balance
527.21
DeJeefOe kes oewjeve efkeee ieee eeJeOeeve
Provisions made during the period
hegvejebkeve
Write-back
159.71
Deefvlece Mes<e
Closing balance
479.53
*112.03
* . 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 peeseKf ece : ceevekeerke=le heefle kes lenle heesH& eeseuf eees nsleg
ekeerkejCe
V. Credit risk : Disclosures for portfolios subject

to the standardised approach
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.
120
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:
121
June 2, 2011 7:00 PM

VI.
VI. Credit risk mitigation:
Deefece peesefKece vetveerkejCe
jeefMe kejes[ hees ceW Amount in Cr.
peesefKece Yeej keer esCeer
Category of Risk Weight
100% peesefKece Yeej mes kece
Below 100 % risk weight
100% peesefKece Yeej
100 % risk weight
92095.02
100% peesefKece Yeej mes DeefOeke
More than 100 % risk weight
12891.89
kegue meerDeejSce keewleer
Total CRM Deducted
17321.15
kegue Skemehees]pej
Total Exposure
yekeeee Skemeheespej
Outstanding Exposure
151082.94
273391.00
ke. yeQke Deheves GOeejkelee&DeeW hej Skemeheespej (efveefOe DeeOeeefjle leLee iewj efveefOe
DeeOeeefjle) kees mebjef#ele kejves kes efueS efJeefYeVe ekeej keer eefleYetelf eeeB (pees
efke mebheeefe&ke he ceW Yeer nes mekeleer nw) eehle kejles nw. yeQke ves Yeejleere
efjp] eJe& yeQke kes efoMee-efveoxMeeW kes Devegmeej keg Deefece peeseKf ece vetve
kejves kes yeejs ceW Skemeheespej ceW keceer keer veerelf e kees Deheveeee nw, peneb
keneR keeheexjs ieejber Deefece peeseKf ece vetve kejves kes he ceW GheueyOe
nw, Deefece peeseKf ece GheueyOe ieejber keer meercee leke ieejberoeleeDeeW kees
Debleefjle efkeee peelee nw. meeceevele: efvecveefueefKele ekeej keer eefleYetelf eeeB
(cegKe eefleYetelf eeeB DeLeJee mebHeeefe&ke eefleYetelf eeeB) ueer peeleer nw.

1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
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]
2010 -11
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.
jeêr e yeele eceeCehe$e, efkemeeve efJekeeme he$e, SueDeeFmeer hee@euf eefmeeeB,
kesvere/jepe mejkeejeW Deeefo eje peejer keer ieF& Heelf eYetelf eeeB Fleeefo
$e+Ce HeefleYetefleeeb - keefleHee Meleexb kes meeLe Devegceesefole kesef[ jsefbie
Spesvmeer eje jsefbie eeHle
$e+Ce HeefleYetefleeeb keefleHee Melees kes meeLe yeQke eje peejer keer ieF&iewj-jsefbie eeHle
cetegDeue Heb[eW keer etefveW
iewj efveefOe DeeOeeefjle megefJeOeeDeeW kes hess vekeoer ceeefpe&ve.
mJeCe& SJeb mJeCe& DeeYet<eCe

yeQke kes $e+Ce peesefKece kes SJepe ceW ieejbjeW kes ecegKe ekeej efvecveevegmeej nQ:
l Jeweefkeleke (Jeefeiele ieejbefee)

l keeheexjsdme
l kesvere mejkeej
l jepe mejkeej

l F&meerpeermeer

l 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:
l
Individuals (Personal guarantees)
l
Corporates
l
Central Government
l
State Government
l
ECGC
l
CGTMSE

121
CRM collaterals available in Loans Against Banks Own

Deposit and Loans against Government Securities, LIC
Policies constitute a major percentile of total CRM.
122
June 2, 2011 7:00 PM
2010 -11
meerDeejSce eefleYetelf eeeb, iewj efveefOe DeeOeeefjle megeJf eOeeDeeW pewmes ieejbef eeW Deewj
$e+Ce-he$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 peeseKf ece Yeej Jeeues yeQke Je HeeLeefceke [eruej leLee Deve
mebmLeeSb (cegKele: HesjW , Deveg<ebieer leLee mebyebOe kebHeefveeeb) efpevnW SS (-) ee yesnlej
jsef ib e oer ieF& nw, Meeefceue nQ.
Ke. eleske $e+Ce peeseKf ece mebeJf eYeeie kes efueS kegue Skemeheespej, pees efke hee$e efJeeere
mebheeefe&ke eje keJej efkeee ieee nw, ceeefpe&ve kees ueieeves kes heMeele efvecveevegmeej
nw:
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:
Credit Risk Portfolio
$e+Ce peeseK
f ece mebeJf eYeeie
efJeeere mebheeefe&ke (ceeefpe&ve heMeeled)
Financial Collateral (post haircut)
osMeer ieejber
Domestic Sovereign
efJeosMeer ieejber
Foreign Sovereign
meeJe&peefveke #es$e FkeeFeeb
Public Sector Entities
839.83
yeQkeeW hej oeJes
Claims on Banks
142.70
eeLeefceke [erueme&
Primary Dealers
kee@heexjs md e
Corporates
#es$eere efjsue mebeJf eYeeie
Reg Retail Portfolio
5028.11
DeeJeemeere mebheefe
Residential Property
106.74
JeeefCeefpeke efjeue Fms
Commercial Real Esate
21.14
efJeefMe eseCf eeeb
Sepeicified Categories
304.21
Deve Deeefmleeeb
Other Assets
589.20
k] egue
TOTAL
Asset category
F&meerpeermeer
hej oeJee
Claims on
ECGC
osMeer ieejbefeeb
meeJe&peefveke #es$e keer FkeeFeeb
yeQkeeW hej oeJes
eeLeefceke [erueme&
kee@heexjs md e
efJeefveeeceke efjsue
DeeJeemeere mebheefe
JeeefCeefpeke efjeue Fms
efJeefMe eseCf eeeb
Deve Deeefmleeeb
k] egue
34.65
0.02
10254.40
17321.15
ie. SkemeheespejeW pees efke ieejbefeeW eje keJej efkeS ieS nw, (DeejyeerDeeF& eje
Devegceefle eehle) Gvekee efJeJejCe
Deeefmle esCeer
0.15
c. Details of exposures that are covered by Guarantees

(permitted by RBI)
meerpeererSceSmeF& SS Deewj
hej oeJee
Thej jsefbie
Claims on
CGTMSE
jepe mejkeej
eje ieejber
Rated AA Guarantee by
and above
State Govt
kesvere mejkeej Deve yeQke eje

eje ieejber
ieejber
Guarantee by
Central Govt
Guarantee
by other
Bank
Domestic Sovereigns
0.00
0.00
0.00
0.00
0.00
0.00
Public Sector Entity
0.13
0.00
49.97
4548.40
3108.47
2.30
Claims on Banks
0.00
0.00
0.00
0.00
0.00
429.48
Primary Dealers
0.00
0.00
0.00
0.00
0.00
0.00
3799.06
0.00
65.21
0.00
29.91
664.47
405.97
39.40
0.00
0.00
0.03
106.56
Residential Property
0.00
0.00
0.00
0.00
0.00
0.00
Comm. Real Estate
0.00
0.00
0.00
0.00
0.00
0.00
Specified Categories
0.06
0.00
0.00
0.00
0.00
0.00
Other Assets
0.00
0.00
0.00
0.00
0.00
0.00
4205.22
39.40
115.19
4548.40
3138.42
1202.81
Corporates
Regulatory Retail
TOTAL
122
123
June 2, 2011 7:00 PM

VII.
VII. Securitisation
eefleYeteflekejCe
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.

2010 -11
yeQke eje Kejeros ieS eefleYeteflekejCe Skemeheespej keer jeefMe efvecveevegmeej nw:
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.
b. 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.
c. There is no case of retained exposure in respect of
securitization.

Amount of securitization exposure purchased by the bank
is as under:-

efJeosMeer $e+Ce jsefbie kes Devegmeej
peesefKece Yeej esCeer
Risk weight category as

per external credit rating
yener cetue
Book value
yeQefkebie yegke kes Devleie&le

jKeer ieeer jeefMe
Amt held under
banking book
peesefKece
Yeej %
RW %
peesefKece meceeeesefpele
cetue
Risk adjusted
value
SSS - efeefmeue
AAA CRISIL
66.64
66.64
100
66.44
kegue
Total
66.64
66.64
100
66.64
Ie. 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.
d. An amount of Rs.5.74cr has been deducted from each of

Tier I and Tier II capital as 50% of credit enhancement.
e. yeQke keer Je<e& 2010-11 kes oewjeve Deheveer efkemeer Yeer ceeveke DeeefmleeeW kee
eefleYeteflekejCe kejves keer keesF& eespevee veneR nw.
e. The bank does not presently plan to securitise any of its

standard assets during the year 2010-11.
VIII. Jeeheej
VIII. Market risk in trading book
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.

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:
l
Interest Rate Risk
kejWmeer peesefKece
Currency Risk
cetue peesefKece
Price risk
yeepe oj 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

124
June 2, 2011 7:00 PM
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
Interest Rate Risk
Capital Charge
541.93
Equity Position Risk
4568.38
411.15
225.00
20.25
10814.82
973.33
Foreign Exchange Risk

Total Capital Charge
IX. Operational risk
IX.
heefjeeueve peesefKece
Yeejleere efjpeJe& yeQke kes efoMee-efveoxMeeW kes Devegmeej yeQke ves heefjeeueve peeseKf ece
nsleg hetpb eer DeeJeMekeleeDeeW kee Deekeueve kejves kes efueS DeeOeejYetle meteke heefle
Deheveeeer nw. cetue heefle kes Devleie&le, iele 3 Je<eeX keer Deewmele Deee kees peeseKf ece
Yeeefjle Deeefmle leke ueeves kees Oeeve ceW jKee ieee nw.
X.
yeQefkebie yeefneeW ceW yeepe oj peesefKece (DeeF&DeejDeejyeeryeer)
ke 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. Ssefleneefmeke eJe=efle kes Devegmeej DeeOeej peesefKece SJeb meceeefnle

efJekeuhe peesefKece kee Devegceeve ueieeee ieee nw.
(ii) FefkeJeer kee DeeefLe&ke cetue (DeJeefOe Devlej efJeues<eCe) (oerIee&JeefOe)
hetbpeer eceej
RWAs
6021.44
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.
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 . 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.
b. 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.
124
125
June 2, 2011 7:00 PM
2010 -11
cenlJehetCe& efJeeere meteke
Key Financial Indicators

e.meb.
S.No.
1
efJeJejCe eefleMele ceW
Particulars (In Percentage)
31.03.2007
31.03.2008
31.03.2009
31.03.2010
31.03.2011
yeepe Deee / Deewmele keee&Meerue efveefOeeeb (S[yuetSHe)
7.22%
7.63%
7.78%
6.86%
6.97%
yeepe Jee / S[yuetSHe
4.35%
5.10%
5.14%
4.42%
4.16%
Meg yeepe ceeefpe&ve
3.05%
2.90%
2.91%
2.74%
3.12%
yeepe efJemleej / S[yuetSHe
2.87%
2.53%
2.64%
2.44%
2.80%
iewj-yeepe Deee / S[yuetSHe
1.11%
1.32%
1.42%
1.15%
0.89%
heefjeeueve Jee / S[yuetSHe
2.04%
1.96%
1.84%
1.56%
1.47%
51.30%
50.89%
45.38%
43.57%
39.87%
mekeue (heefjeeueve) ueeYe / S[yuetSHe
1.94%
1.89%
2.22%
2.03%
2.22%
Meg ueeYe / S[yuetSHe
0.82%
0.93%
1.15%
1.26%
1.35%
12.17%
15.07%
19.48%
22.19%
21.48%
DeeefmleeeW Hej HeefleueeYe
0.72%
0.80%
0.98%
1.10%
1.18%
Deewmele DeeefmleeeW hej eefleueeYe
0.80%
0.89%
1.10%
1.21%
1.33%
DeefeceeW hej eefleHeue
8.37%
9.53%
9.50%
8.55%
8.49%
peceejeefMeeeW keer ueeiele
4.77%
5.69%
5.71%
4.90%
4.56%
ueeYeebMe Yegieleeve Devegheele (keejheesjs ueeYeebMe kej meefnle)
24.59%
23.75%
17.22%
20.90%
17.76%
$e+Ce pecee Devegheele
74.35%
77.32%
81.94%
84.47%
86.77%
80.21%
82.78%
87.44%
88.74%
90.29%
11.80%
12.91%
12.88%
12.84%
13.02%
erej Tier - I
8.74%
7.63%
7.79%
8.22%
8.96%
erej Tier - II
3.06%
5.28%
5.09%
4.62%
4.06%
hetbpeer heee&hlelee Devegheele (yeemesue II)

Capital Adequacy Ratio (BASEL II)
--
12.94%
14.05%
14.36%
14.52%
erej Tier - I
--
7.64%
8.49%
9.20%
9.99%
erej Tier - II
--
5.30%
5.56%
5.16%
4.53%
Interest Income / Average Working Funds (AWF)

2
Interest expenses / AWF

3
Net Interest Margin (NIM)

4
Interest spread / AWF

5
Non-Interest Income / AWF

6
Operating expenses / AWF

7
ueeiele-Deee Devegheele
Cost Income Ratio

8
Gross (Operating) profit / AWF

9
Net profit / AWF

10
Meg ceeefueele Hej HeefleueeYe
Return on Net Worth

11
Return on Assets
12
Return on Average Assets

13
Yield on Advances
14
Cost of Deposits
15
Dividend payout Ratio (including Corporate

Dividend Tax)
16
Credit -- Deposit Ratio

17
$e+Ce + iewj meebefJeefOeke lejuelee Devegheele efveJesMe (Deveg<ebieer

FkeeFeeW ceW efveJesMe kees es[kej) pecee Devegheele
Credit + Non SLR Investment (excluding

Investments in Subsidiaries) -- Deposit Ratio
18
19
hetbpeer heee&hlelee Devegheele (yeemesue I)

Capital Adequacy Ratio (BASEL I)
125
e.meb.
S.No.
1
126
June 2, 2011 7:00 PM
2010 -11
efJeJejCe eefleMele ceW
Particulars (In Percentage)
31.03.2007
31.03.2008
31.03.2009
31.03.2010
31.03.2011
38086
36774
36838
38960
40046
MeeKeeSb (mebKee)
2772
2899
2974
3148
3418
Heefle kece&eejer JeJemeee (.kejes[ ceW)
5.15
6.65
8.63
9.81
12.29
Heefle kece&eejer Deewmele JeJemeee (.kejes[ ceW)
4.64
5.94
7.57
8.94
11.26
Heefle kece&eejer mekeue ueeYe (.ueeKeeW ceW)
6.34
7.96
11.69
12.67
17.43
Heefle kece&eejer efveJeue ueeYe (. ueeKeeW ceW)
2.70
3.90
6.05
7.85
10.59
75.23
89.25
112.86
132.24
156.27
Heefle MeeKee mekeue ueeYe (.kejes[ ceW)
0.87
1.01
1.45
1.57
2.04
Heefle MeeKee Meg ueeYe (.kejes[ ceW)
0.37
0.50
0.75
0.97
1.24
28.18
39.40
61.14
83.96
116.37
231.59
261.54
313.82
378.44
504.43
kece&eejer (mebKee)
Employees (number)
Branches (number)
3
Business per employee (Rs. in crore)

4
Average Business per employee (Rs in crore)

5
Gross Profit per employee (Rs. in lakhs)

6
Net Profit per employee (Rs. in lakhs)

7
Heefle MeeKee JeJemeee (.kejes[ ceW)
Business per branch (Rs. in crore)

8
Gross Profit per branch (Rs. in crore)

9
Net Profit per branch (Rs. in crore)

10
Heefle Mesej Deee (HeeeW ceW)
Earnings per share (Rupees)

11
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
127
June 2, 2011 7:00 PM
2010 -11
MeyoeJeueer / Glossary
Average Working
Funds (AWF)
Average Deposits
Average Advances
Average Business
Fortnightly Average of Total Assets
:
:
:
: 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;
Average Investments
Interest Income/AWF
:
:
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
Interest expenses/AWF
Net Interest Margin
:
:
: (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;
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
Return on Assets
Return on Average
Assets
: DeefieceeW Hej Deefpe&le yeepe efJeYeeefpele kejW Deewmele Yield on Advances
:
:
Deewmele keee&Meerue efveefOeeeb

(S[yuetSHe)
Deewmele peceejeefMeeeb
Deewmele Deefiece
Deewmele JeJemeee
: kegue DeeefmleeeW kee Heeef#eke Deewmele;
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 peceejeefMeeeW kee Heeef#eke Deewmele;

: kegue DeefieceeW kee Heeef#eke Deewmele;
: Deewmele peceejeefMeeeW Deewj Deewmele DeefieceeW kee eesie;
Heejef#ele efveefOe kees es[kej);

: Meg ueeYe efJeYeeefpele kejW kegue DeeefmleeeW mes;
: Meg ueeYe efJeYeeefpele kejW S[yuetSHe mes;
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
127
:
:
:
:
:
:
:
:
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
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.
Daya\E:\BOB A.R.2011 Ordinary#159\Financial Statement.indd
128
June 2, 2011 7:41 PM
2010 -11
31 ceee&, 2011 kee legueve-he$e
Balance Sheet as on 31st March, 2011

(000's
Devegmeteer
SCHEDULE
31 ceee& 2011 kees
As on
31st Mar, 2011
`
Devebefkele omitted)
31 ceee& 2010 kees
As on
31st Mar, 2010
`
CAPITAL & LIABILITIES
Hetbpeer Deewj oseleeSb

Hetbpeer
Capital
392,80,73
365,52,77
Heejef#ele efveefOeeeb Deewj DeefOeMes<e
Reserves and Surplus
20600,30,46
14740,85,50
peceejeefMeeeb
Deposits
305439,48,19
241261,92,52
GOeej ueer ieF& jeefMeeeb
Borrowings
22307,85,48
13350,08,50
Deve oseleeSb SJeb HeeJeOeeve
Other Liabilities and Provisions
9656,72,68
8598,30,99
pees[
TOTAL
358397,17,54
278316,70,28
Deeefmleeeb
ASSETS
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
Cash and Balances with

Reserve Bank of India
19868,17,89
13539,96,91
Balances with Banks and

Money at Call and Short Notice
30065,88,89
21927,08,85
Investments
71260,63,09
61182,37,54
Deefiece
Advances
228676,36,09
175035,28,59
Deeue Deeefmleeeb
Fixed Assets
10
2299,71,83
2284,76,48
Deve Deeefmleeeb
Other Assets
11
6226,39,75
4347,21,91
pees[
TOTAL
358397,17,54
278316,70,28
Deekeefmceke oseleeSb
Contingent Liabilities
127163,87,03
87836,07,99
Jemet}er kes efueS efyeue
Bills for Collection
18844,71,94
18185,57,81
GuuesKeveere uesKee veerefleeeb
Significant Accounting Policies
17
uesKeeW Hej efHHeefCeeeb
Notes on Accounts
18
12
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.
eer Sce.[er.ceuee
eer Deej. kes. ye#eer


eer kes. kes. Megkeuee
ceneHeyebOeke
(keeHeex.Keeles, kejeOeeve SJeb
DevegHeeueve DeefOekeejer-Yee.efj.yeQ)
eer Jeer.kes.iegHlee
Ghe ceneHeyebOeke
(keeheexjs Keeles SJeb kejeOeeve)
mLeeve : cegbyeF&,
efoveebke : 28.04.2011
efveosMeke
eer Deej. ieebOeer
eer Depee ceeLegj
uesKee Hejer#eke
mece leejerKe keer nceejer mebueive he=Leke efjhees& kes Devegmeej
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
(mebpeerJe kehetj)
Yeeieeroej
Sce. veb.: 70487
(heer. kes. mejkeej)

Yeeieeroej
Sce. veb.: 060543

meveoer uesKeekeej
SHeDeejSve : 103523 [yuet
ke=les efKecepeer kegyesjpeer SC[ keb.

meveoer uesKeekeej
SHeDeejSve : 105146 [yuet

meveoer uesKeekeej
SHeDeejSve : 000511 Sme
(jekesMe je"er)
Yeeieeroej
Sce. veb.: 045228
(ieewlece Meen)
Yeeieeroej
Sce. veb.: 117348
(kes. efpelesv kegceej)

Yeeieeroej
Sce. veb.: 201825
128
129
June 2, 2011 7:41 PM
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
31 ceee& 2011 kees
Devegmeteer
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
emleeef
J
ele
ueeYeeb
M
e
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 (`)
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.
Year ended
31st March 2011
`
Devebefkeleomitted)
31 ceee& 2010 kees
Year ended
31st March 2010
`
I.
Shri M. D. Mallya
Shri R. K. Bakshi
Executive Director
Shri N. S. Srinath
Executive Director
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
Shri Maulin A Vaishnav
21885,91,56
16698,34,24
2809,18,60
2806,35,65
24695,10,16
19504,69,89
13083,65,77
10758,85,66
4629,83,49
3810,58,13
2739,92,93
1876,93,00
20453,42,19
16446,36,79
4241,67,97
3058,33,10
4241,67,97
3058,33,10
1060,41,99
764,58,28
20,99,56
126,58,95
2100,45,56
1256,99,61
335,39,00
270,00,00
2,46,92
90,22
753,35,20
639,26,04
(31,40,26)
4241,67,97
116.37
3058,33,10
83.96
Auditors
As per our separate report of even date attached
For Ashwani & Associates For S. K. Kapoor & Co.

FRN: 000497N
FRN: 000745C
For N C Banerjee & Co

FRN: 302081E
(Aditya Kumar )
Partner
M No.506955
(Sanjiv Kapoor )
Partner
M No. 070487
(P. K. Sarker )
Partner
M No.060543
For Haribhakti & Co

FRN: 103523W

FRN: 105146W
For Brahmayya & Co.

FRN: 000511S
(Rakesh Rathi)
Partner
M No. 045228
(Gautam Shah)
Partner
M No. 117348
( K. Jitendra Kumar)
Partner
M No. 201825
129
130
June 2, 2011 7:41 PM
2010 -11
legueve-he$e keer Devegmetefeeeb
Schedules to Balance Sheet

31 ceee&, 2011 kees
As on 31st Mar, 2011

`
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[
keewefleeeb :
ueeYe-neefve Keeles ceW Debleefjle
Hetvece&tueebefkele Dee} DeeefmleeeW Hej
cetue eme
III Mesej Heerefceece

`
SCHEDULE - 1 CAPITAL
AUTHORISED CAPITAL
300,00,00,000 Shares of
`10/- each
(previous year 300,00,00,000/shares of `10/- each)
3000,00,00
3000,00,00
394,27,96
367,00,00
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
391,54,61
1,26,12
364,26,65
1,26,12
Total
392,80,73
365,52,77
4612,17,42
2787,17,15
764,58,28 3551,75,43
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
SCHEDULE - 2
Devegmeteer-2
RESERVES & SURPLUS
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)
HeejefcYeke Mes<e
Je<e& kes oewjeve HeefjJeOe&ve
Deve meceeeespeve
31 ceee&, 2010 kees
(000's
Reserve)
Opening Balance
Additions during the year
Other Adjustments
3551,75,43
1060,41,99
2079,07,35
20,99,56
79,05
2100,85,96
2079,58,28
126,58,95
1,62,54
2207,79,77
Deductions:
Depreciation on revalued
fixed assets transferred to
Profit & Loss account
(79,55,26)
2021,30,70
(128,72,42)
2079,07,35
III Share Premium
HeejefcYeke Mes<e
Opening Balance
2273,88,56
2433,72,03
130
2273,88,56
4707,60,59
2273,88,56
131
June 2, 2011 7:41 PM
2010 -11
Devebefkeleomitted)
31 ceee&, 2010 kees
(000's
31 ceee&, 2011 kees

`
`

`
Devegmeteer-2 Heejef#ele efveefOeeeb Deewj DeefOeMes<e (peejer)
SCHEDULE - 2 RESERVES & SURPLUS (Contd.)

IV Revenue & Other
IV jepemJe Deewj Deve Heejef#ele /
Reserves
efveefOeeeb
ke) meebefJeefOeke Heejef#ele efveefOeeeb

(efJeosMeer)
HeejbefYeke Mes<e
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.
Ie.
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
efJeosMeer cege eejef#ele

efveefOeeeb
eejbefYeke Mes<e
Je<e& kes oewjeve
heefjJeOe&ve
c) F o r e i g n C u r r e n c y
Translation Reserve
eejef#ele efveJesMe Keelee
d) Investment Reserve
Account
Opening Balance
Transferred from
Other Reserve for
F.Y.2009-10
Transferred to P&L
Appropriation A/c.
eejbefYeke Mes<e
Je<e& 2009-10 kes Deve
eejef#ele efveefOe mes
DeblejCe
ueeYe-neefve efJeefveeespeve
Keeles ceW DeblejCe
Opening Balance
year
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
e) Other Reserves
Opening Balance
Transferred to IRA for
F.Y 2009-10
pees[ - IV (ke, Ke, ie, Ie Deewj *)

pees[ (I mes IV)
TOTAL - IV (a, b, c, d & e)

TOTAL (I to IV)
*.

year
Adjustments during
the year
131
85,55,83
2,46,92
92,35,13
90,22
1,18,90
89,21,65
(7,69,52)
85,55,83
690,00,00
335,39,00
420,00,00
270,00,00
1025,39,00
690,00,00
(13,43,51)
12,37,09
44,18,18
(57,61,69)
(1,06,42)
(13,43,51)
100,13,99
(31,40,26)
68,73,73
6074,01,84
(100,13,99)
4817,02,23
-
2100,45,56
1256,99,61
2,60,38
8076,93,79
6074,01,84
9259,21,75
20600,30,46
6836,14,16
14740,85,50
132
June 2, 2011 7:41 PM
2010 -11
(000's
31 ceee&, 2011 kees

`
Devegmeteer-3 peceejeefMeeeb
ke. I ceebie-peceejeefMeeeb
i)
SCHEDULE - 3
A.
ii) Deve mes

II
II
Ke. I
II
64454,03,09
Savings Bank Deposits

41032,90,53
52543,92,44
pees[ (I mes III)
TOTAL (I to III)
Yeejle ceW efmLele MeeKeeDeeW B. I

keer peceejeefMeeeb
Deposits of branches in
India
II
Yeejle mes yeenj efmLele

MeeKeeDeeW keer peceejeefMeeeb
32928,34,46
176817,88,02 217850,78,55 136866,07,02 169794,41,48
ii) From Others
Yeejle ceW GOeej ueer ieeer jeefMeeeb
1107,57,64
22258,68,51 23134,66,55 17816,00,96 18923,58,60
ii) Deve mes
305439,48,19
Deposits of branches
outside India
TOTAL (I & II)
pees[ (I Deewj II)
I.
875,98,04
i) From Banks
yeQkeesb mes
Devegmeteer - 4
GOeej ueer ieeer jeefMeeeb
241261,92,52
233323,30,01
185500,24,69
72116,18,18
55761,67,83
305439,48,19
241261,92,52
SCHEDULE - 4
BORROWINGS
I. Borrowings in India
i) Yeejleere efj]peJe& yeQke
i)
Reserve Bank of India
350,00,00
ii) Deve yeQke
ii)
Other Banks
114,48,74
108,18,70
iii) Deve mebmLeeve SJeb
iii) Other Institutions and

Agencies
471,56,24
340,97,47
iv) Innovative Perpetual Debt

Instruments (IPDI)
1911,70,00
1200,20,00
v)
7490,00,00
5990,00,00
SpeWefmeeeb
iv) veJeesvces<eer yesceereeoer $e+Ce efueKele
(DeeF&heer[erDeeF&)
v) ieewCe yeeb[
II.
III Term Deposits
III ceereeoer peceejeefMeeeb

i)
DEPOSITS
ii) From Others
yeele yeQke peceejeefMeeeb
31 ceee&, 2010 kees
Demand Deposits
i) From Banks
yeQkeesb mes
Subordinated Bonds
pees[ (i to iv)
TOTAL (i to iv)
10337,74,98
7639,36,17
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
II. Borrowings outside India

(includes MTN Bonds of
`1347.00 crs (previous year
`1347.00 crs) )
11970,10,50
5710,72,33
Total - Borrowings (I & II)
22307,85,48
13350,08,50
71,56,24
140,97,47
Secured Borrowings included in

above
132
133
June 2, 2011 7:41 PM
2010 -11
(000's
31 ceee&, 2011 kees

`
`

`
`
1651,81,07
1444,92,43
35,60,93
2138,29,54
1720,97,16
911,35,00
688,71,28
Others (including provisions)
4955,27,07
4708,09,19
TOTAL (I to V)
9656,72,68
8598,30,99
1357,06,76
1173,06,57
Devegmeteer - 5
SCHEDULE - 5
Deve oseleeSb Deewj HeeJeOeeve :
OTHER LIABILITIES AND

PROVISIONS
Bills Payable
II Devlej keeee&uee
II
Inter Office Adjustments (Net)
III GHeefele yeepe
III
Interest Accrued
ose efyeue
meceeeespeve (Meg)
IV ceeveke DeefieceeW keer SJepe ceW IV Contingent Provision against

Standard Advances
Deekeefmceke HeeJeOeeve
V Deve (HeeJeOeeveeW meefnle)
pees[ (I mes V)
Devegmeteer - 6
SCHEDULE - 6
vekeoer Deewj Yeejleere efj]peJe&

yeQke kes Heeme Mes<e
CASH AND BALANCES WITH

RESERVE BANK OF INDIA
Devebefkeleomitted)
31 ceee&, 2010 kees
neLe ceW vekeoer (efJeosMeer cege I

veeseW meefnle)
Cash in hand (including foreign

currency notes)
II
Balances with Reserve Bank of

India in Current Account
18511,11,13
12366,90,34
TOTAL (I & II)
19868,17,89
13539,96,91
II Yeejleere efj]peJe& yeQke kes
Heeme eeuet Keeles ceW Mes<e

jeefMe
pees[ (I Deewj II)
133
134
June 2, 2011 7:41 PM
2010 -11
(000's
31 ceee&, 2011 kees

`
Devebefkeleomitted)
31 ceee&, 2010 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
ke) eeuet KeeleeW ceW
a) in Current Accounts
Ke) Deve pecee KeeleeW ceW
b) in Other Deposit Accounts
ii) ceebie SJeb DeuHe metevee Hej ose jeefMe
247,67,89
1519,88,03
a) Banks
Ke) Deve mebmLeeveeW kes heeme
b) Other institutions
pees[ (i Deewj ii )
TOTAL (i and ii)
i) in Current Accounts
ii) Deve pecee KeeleeW ceW

iii) yeQkeeW kes Heeme ceebie SJeb DeuHe
pees[ (i, ii Deewj iii)

kegue pees[ (I Deewj II)
541,61,77
914,30,61
240,00,00
-
1767,55,92
240,00,00
1154,30,61
II Outside India
i) eeuet KeeleeW ceW
metevee Hej ose jeefMe
1767,55,92
ii) Money at call and short notice with
ke) yeQkeeW kes heeme
II Yeejle mes yeenj
372,68,84
4869,00,14
1346,24,59
ii) in Other Deposit Accounts
11276,17,90
9713,26,29
iii) Money at Call and Short Notice

with Banks
12153,14,93
9713,27,36
TOTAL (i, ii and iii)

GRAND TOTAL (I and II)
134
28298,32,97
20772,78,24
30065,88,89
21927,08,85
135
June 2, 2011 7:41 PM
2010 -11
(000's
31 ceee&, 2011 kees

`
`
Devegmeteer-8 efveJesMe
SCHEDULE - 8 INVESTMENTS
I Yeejle ceW efveJesMe (mekeue)
I Investments in India (Gross)

Less: Provision for Depreciation
Net Investments in India
IeeeW : cetueeme kes efueS HeeJeOeeve

Yeejle ceW Meg efveJesMe
Deueie-Deueie efJeJejCe
i) mejkeejer eefleYetefleeeb
(efkeueeeEjie keeheexjMs eve Dee@H] e
Fbe[f ee ceW uee@pe efkeS ieS `90.00
kejes[ kes Debekf ele cetue (efheues
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 Debekf ele cetue
(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[ Debekf ele cetue (efheues
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)]
68001,33,76
336,96,44
Devebefkeleomitted)
31 ceee&, 2010 kees

`
`
57911,71,40
350,07,08
67664,37,32
57561,64,32
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]
59288,92,72
49442,45,06
536,27,94
795,38,83
[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]
with USE]
with CCIL MCX FWD]
ii) Deve Devegceesefole HeefleYetefleeeb

iii) Mesej
ii) Other Approved Securities

iii) Shares
1325,16,67
1231,91,69
iv) ef[yeWej Deewj yeeb[

v) Deveg<ebieer FkeeFeeb Deewj / ee
iv) Debentures and Bonds
2356,11,49
2351,81,30
863,42,26
774,31,30
3294,46,24
2965,76,14
67664,37,32
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)
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.)
135
136
June 2, 2011 7:41 PM
2010 -11
(000's
31 ceee&, 2011 kees

`
`
Devebefkeleomitted)
31 ceee&, 2010 kees

`
`
Devegmeteer-8 efveJesMe (peejer)
SCHEDULE - 8 INVESTMENTS (contd.)

II Yeejle kes yeenj efveJesMe
(mekeue)
IeeeW : cetueeme kes efueS
HeeJeOeeve
Yeejle kes yeenj Meg
efveJesMe
Deueie-Deueie efJeJejCe
i) mejkeejer Heelf eYetelf eeeb
(mLeeveere HeeefOekejCeeW meefnle)
ii) efJeosMeeW ceW Deveg<ebefieeeb
Deewj / ee mebege Gece
iii) Deve efveJesMe
(ef[yeWej, yeeb[ Deeefo)
II Investments Outside India (Gross)

Less: Provision for Depreciation
ke. i) Kejeros Deewj YegveeS ieS

efyeue
ii) vekeo $e+Ce, DeesJej [êHe
Deewj ceebie Hej egkeewleer
eesie $e+Ce
iii) ceereeoer $e+Ce
pees[ ke (i mes iii)
ie) Deve
pees[ ie(I Deewj II)
143,21,17
177,73,02
3596,25,77
3620,73,22
BREAK - UP
i) Government Securities
(Including Local Authorities)
ii) Subsidiaries and/or
joint ventures abroad
iii) Other Investments
(Debentures, Bonds etc.)
916,44,02
1001,23,42
402,54,39
311,14,77
2277,27,36
2308,35,03
3596,25,77
TOTAL (I and II)
SCHEDULE - 9 ADVANCES
A. i) Bills Purchased and Discounted
ii) Cash Credits, Overdrafts and
Loans Repayable on Demand
iii) Term Loans
TOTAL A(i to iii)
61182,37,54
29689,90,20
19265,93,26
97804,86,18
79631,46,89
101181,59,71
76137,88,44
228676,36,09
175035,28,59
145684,45,22
109231,65,64
33889,56,62
23099,51,80
49102,34,25
42704,11,15
TOTAL B(i to iii)

C. I Advances in India
i
ii
iii
iv
II
i
ii
3620,73,22
71260,63,09
B. i) Secured by Tangible Assets

Ke. i) cetle& DeeefmleeeW mes
(includes advances against
HeefleYeteflele (yener-$e+Ce keer
Book Debts)
SJepe ceW DeefieceeW meefnle)
ii) yeQke/mejkeejer ieejber mes
ii) Covered by Bank/Government
Guarantees
jef#ele
iii) iewj-peceeveleer
iii) Unsecured
pees[ Ke (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 Deve mes HeeHe
ke) Kejeros Deewj YegveeS
ieS efyeue
Ke) eEme[erkes $e+Ce
3798,46,24
Net Investments Outside India
pees[ (I Deewj II)
Devegmeteer-9 Deefiece
3739,46,94
228676,36,09
Priority Sector
Public Sector
Banks
Others
Advances Outside India
Due from Banks
Due from Others
a) Bills Purchased
& Discounted
b) Syndicated Loans
175035,28,59
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
c) Others
TOTAL C(I & II)
119,49,70
192,07,73
25851,45,42
16422,35,27
9529,92,14
23767,62,34
7704,66,98
59268,49,60 19072,56,23 43391,66,21
228676,36,09
136
175035,28,59
137
June 2, 2011 7:41 PM
2010 -11
(000's
31 ceee&, 2011 kees

`
`
Devegmeteer-10 Deeue Deeefmleeeb
SCHEDULE - 10 FIXED ASSETS
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
At cost/revalued amount as
on 31st March of the
preceding year
Additions/adjustments
during the year
Deductions/adjustments during
the year
Deepe keer leejerKe leke cetueeme/

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
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
Less: Deductions/adjustments
during the year
Less : Depreciation to date
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
cetueeme
pees[ (I mes III)

`
`
Premises
Less: Depreciation/
Amortisation to date
Je<e& kes oewjeve heefjJeOe&ve/

meceeeespeve
Devebefkeleomitted)
31 ceee&, 2010 kees
TOTAL (I to III)
2442,16,11
2415,03,75
48,22,01
27,23,54
2490,38,12
2442,27,29
1,93,85
11,18
2488,44,27
2442,16,11
712,12,97
1776,31,30
1810,48,05
1539,09,28
310,09,44
311,47,60
2120,57,49
1850,56,88
60,85,77
40,08,83
2059,71,72
1810,48,05
1536,31,19
523,40,53
13,95,89
13,95,89
1360,09,04
1834,37,47
450,39,01
13,95,89
2299,71,83
137
607,78,64
13,95,89
2284,76,48
138
June 2, 2011 7:41 PM
2010 -11
(000's
31 ceee&, 2011 kees

`
Devegmeteer -11
Deve Deeefmleeeb
SCHEDULE - 11
OTHER ASSETS
Inter-Office Adjustments (Net)
II GHeefele yeepe
II
Interest Accrued
III Deefiece kej Yegieleeve/eesle Hej kej
III Tax paid in advance/tax

deducted at source
(net of provisions)
Deblej keeee&uee meceeeespeve (efveJe})
keewleer
(HeeJeOeeveeW kee efveJeue)
IV uesKeve meeceieer Deewj mecHe
IV Stationery & Stamps
V Deve
V Others
TOTAL (I to V)
pees[ (I mes V)
Devegmeteer -12
SCHEDULE - 12
CONTINGENT LIABILITIES
yeQke kes efJe oeJes efpevnW osveoejer

veneR ceevee ieee
II DeebefMeke egkelee efveJesMeeW kes efuees oselee II
Claims against the Bank not

acknowledged as Debts
Liability for partly paid
Investments
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
Ke) Yeejle mes yeenj
Deekeefmceke oselee nQ,

pees[ (I mes VI)

`
274,24,46
2433,59,22
1650,66,83
1316,28,35
1293,48,94
7,08,28
6,97,44
2195,19,44
1396,08,70
6226,39,75
4347,21,91
232,56,06
251,54,73
28,00
75,04,43
78432,99,31
56089,25,80
IV Guarantees given on behalf of

Constituents :
11780,04,65
a) In India
b) Outside India
V mJeerke=efleeeb, Hejebkeve SJeb Deve oeefelJe V Acceptances, Endorsements

and Other Obligations
VI Deve ceoW, efpevekes efueS yeQke keer
Devebefkeleomitted)
31 ceee&, 2010 kees
VI Other items for which the

Bank is Contingently liable
TOTAL (I to VI)
138
8561,01,12
7678,15,84 19458,20,49
4953,62,66 13514,63,78
14890,95,28
9764,02,56
14148,87,89
8141,56,69
127163,87,03
87836,07,99
139
June 2, 2011 7:41 PM
2010 -11
ueeYe neefve uesKes keer Devegmetefeeeb
Schedules to Profit & Loss Account
(000's
31 ceee&, 2011 kees
Devegmeteer-13
Deefpe&le yeepe
SCHEDULE - 13
INTEREST EARNED
DeefieceeW/efyeueeW Hej yeepe/yee
II efveJesMeeW Hej Deee
II
Year Ended
31st Mar, 2011
`
`
Year Ended
31st Mar, 2010
`
`
16203,46,57
12541,22,07
4774,78,27
3655,87,77
474,79,06
355,05,72
432,87,66
146,18,68
21885,91,56
16698,34,24
1020,63,83
897,28,96
Interest / Discount on
Advances / Bills
Income on Investments
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
III Yeejleere efj]peJe& yeQke kes Heeme Mes<e
TOTAL (I to IV)
pees[ (I mes IV)
Devegmeteer -14
Deve Deee
SCHEDULE - 14
OTHER INCOME
Commission, Exchange and

Brokerage
II
Profit on sale of Investments
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 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
IV efJeefvecee uesve-osve hej ueeYe
pees[ (I mes VI)
TOTAL (I to VI)
139
Devebefkeleomitted)
31 ceee&, 2010 kees
472,95,89
29,25,53
746,91,63
443,70,36
1,37,25
1,54,68
723,23,14
1,26,50
(17,43)
515,14,49
37,46
23,68,49
1,21,21
5,29
386,27,56
514,77,03
31,01
385,96,55
28,46,80
29,18,85
801,78,01
770,62,86
2809,18,60
2806,35,65
140
June 2, 2011 7:41 PM
2010 -11
(000's
31 ceee&, 2011 kees
Devegmeteer-15
Kee& efkeee ieee yeepe
I
peceejeefMeeeW Hej yeepe
II
Yeejleere efj]peJe& yeQke/ Deblej yeQke

GOeej jeefMeeeW Hej yeepe
III Deve
I
II
kece&eeefjeeW kees Yegieleeve Deewj

lelmebybeOeer HeeJeOeeve
efkejeee, kej Deewj efyepeueer
31 ceee&, 2010 kees
Year Ended
31st Mar, 2011
`
`
Year Ended
31st Mar, 2010
`
`
11862,60,66
9880,74,64
345,34,80
875,70,31
174,93,20
703,17,82
13083,65,77
10758,85,66
2916,78,26
357,10,18
2350,88,04
301,85,99
SCHEDULE - 15
INTEREST EXPENDED
I
Interest on Deposits
II
Interest on Reserve Bank of

India / Inter Bank Borrowings
III Others
TOTAL (I to III)
pees[ (I mes III)

Devegmeteer-16
Heefjeeueve Jee
Devebefkeleomitted)
SCHEDULE - 16
OPERATING EXPENSES
I
Payments to and Provisions

for Employees
II
Rent, Taxes and Lighting
III HeeF& Deewj uesKeve meeceieer
III Printing and Stationery
32,46,90
28,02,32
IV efJe%eeHeve SJeb Heeej
IV Advertisement and Publicity
57,51,10
44,46,22
yeQke keer mecHeefe Hej

cetueeme
IeeeW : Dee} mecHeefeeeW kes
Hegvecet&ueebkeve kes keejCe Heejef#ele
Hetbpeer mes meceeeesefpele cetueeme
VI efveosMekeeW keer Heerme, Yees
Deewj Kee&
Depreciation on Bank's
Property
Less Depreciation adjusted

from capital reserve on
account of revaluation of
immoveable properties
VI Directors' Fees, Allowances
and Expenses
322,59,36
79,55,26
359,58,47
243,04,10
128,72,42
230,86,05
85,91
1,02,49
38,85,46
18,87,90
37,25,39
17,69,41
88,08,74
78,16,01
110,44,95
118,02,17
VII uesKee Hejer#ekeeW keer Heerme Deewj Keex
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
sueerHeesve Deeefo
X cejccele Deewj jKejKeeJe
IX Postages, Telegrams,
Telephones etc.
X
Repairs and Maintenance
XI yeercee
XI Insurance
229,68,16
179,59,76
XII Deve Keex
XII Other Expenditure
536,11,83
422,74,28
4629,83,49
3810,58,13
pees[ (I mes XII)
TOTAL (I to XII)
140
141
June 2, 2011 7:41 PM
2010 -11
Devegmeteer-17 : Je<e& 2010-2011 keer GuuesKeveere uesKeebkeve veerefleeeb
Schedule - 17 : Significant accounting policies for the year ended march 31, 2011
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.
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.
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.
3.2 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 efjp] eJe& 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
1. 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.
2. 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.
3. 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.
141
142
June 2, 2011 7:41 PM
2010 -11
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.
3.3 DeefOeenCe ueeiele

efveJesMe keer DeefYeenCe ueeiele ceW eeslmeenve, eejbeYf eke Meguke SJeb keceerMeve
jeefMe meefcceefuele nw.
3.4 efveJesMeeW kee efvemleejCe

HeefjHekeJelee leke Oeeefjle kes He ceW Jeieeake=le efkeS ieS efveJesMeeW keer
efyeeer Hej nesves Jeeues ueeYe/neefve kees, efveJesMe mes mebyebeOf ele Yeeefjle Deewmele
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 Hetpb eeriele Heejef#ele Keeles ceW meceeeesepf ele keer ieF& nw.

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.
3.5 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 :
After period of three years from date of disbursement,

it will be shifted to AFS and marked-to-market as per
RBI guidelines.
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.
ie) DeefOeceeve Mesej
- mecegef ele esef[ mes[ ceeke&-Dehe kes meeLe

heefjhekekeJelee kes eefleHeue kes DeeOeej hej
Ie) HeerSmeet yeeb[
- 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
[) cetegDeue Heb[ keer

etefveW
142
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.
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.
e. Units of Mutual
Funds
- at the latest repurchase

price / NAV declared by the
Fund in respect of each
scheme.
143
June 2, 2011 7:41 PM

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/- `
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 [sejf Jesef Jme Gheee DeeOeej
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.

143
f. Venture Capital
2010 -11
- 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 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.
144
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 DeefOemetef ele efJeefvecee oj kes yebo YeeJe
hej efJeosMeer cege ceW [sejf Jesef Je mebeJf eoeDeeW kees Deekeefmceke oseleeDeeW kes Devle&iele
Jeieeake=le efkeee peelee nw.
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.
4.2 Deefiece, efJeefveefo& $e+CeeW Hej neefve kes HeeJeOeeveeW, Geble yeepe, Jeeoemle
efJeefJeOe pecee SJeb eehle oeJee jeefMe kee efveJeue nw.
4.3 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.
4.4 Deeefmle Hegveie&"ve kebHeveer (SDeejmeer) /Heelf eYetelf ekejCe (efmekeeesejf eFpesMeve)
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.
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.
5.2 HeefjmejeW ceW Yetefce SJeb efvecee&CeeOeerve HeefjmejeW kees Meeefceue efkeee
ieee nw.
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.
7. jepemJe kee efveOee&jCe :

June 2, 2011 7:41 PM
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.
7.2 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.
7.3 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
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.
5. 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.
6. RESERVES AND SURPLUS

Revenue and other Reserves include Statutory Reserves
created by foreign branches as per applicable local laws
of the respective countries.
7. 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
144
145
June 2, 2011 7:41 PM
kebheefveeeW kes MesejeW Hej ef[efJe[W[ JeemleefJeke HeeefHle kes DeeOeej Hej efnmeeye
ceW efueS peeles nQ.
7.4 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.
8. kece&eeefjeeW kees ueeYe :

8.1 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.
8.2 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.
8.3 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.
8.4 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.
8.5 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. cetueeme :

9.1 Yeejle ceW Deeue DeeefmleeeW kes efueS hegvecetu& eebekf ele DeeefmleeeW kees es[ kej
(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.
9.2 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.
9.3 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.
9.4 SerSce Hej cetueeme kee eeJeOeeve m^s ueeFve Heefle mes 20% oj mes
efkeee peelee nw.
9.5 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.
2010 -11
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
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.
9. 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.
145

146
2010 -11
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 mebyebeOf ele Deeefmle SJeb oseleeDeeW (Deekeefmceke
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 neefp] ej SJeb Jeeeoe mebeJf eoeDeeW
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~
9.6 Cost of leasehold land & leasehold improvements

are amortised over the period of lease.
9.6 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.
10. DeeefmleeeW kee Devepe&ve :

June 2, 2011 7:41 PM
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.
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.
146
147
June 2, 2011 7:41 PM
2010 -11
(ie) Deeceoveer SJeb KeeeX kees Hes[eF& eje Heleske efleceener kes Deble ceW
DeefOemetef ele keer ieF& Deewmele efleceener ojeW Hej Debleefjle efkeee ieee nw.
c. Income and Expense are translated at quarterly

average rate notified by FEDAI at the end of
each quarter.
(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.
d. 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.
11.5 Forward Exchange Contracts

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.
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
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
148
June 2, 2011 7:41 PM
2010 -11
Devegmeteer-18 uesKeeW hej efhheefCeeeb
Schedule -18 Notes on accounts

ke.
Yeejleere efj]peJe& yeQke keer Dehes#eeDeeW kes Devegmeej ekeerkejCe
A.
Disclosure in terms of RBI requirements
1.
hetbpeer
1.
Capital
Particulars
efJeJejCe
i)
eeuet Je<e&
efheuee Je<e&
Current Year
meer Deej S Deej (%)
CRAR (%)
Previous Year
yesmeue I
Basel I
yesmeue II
Basel II
(yesmeue I)
Basel I
yesmeue II
Basel II
13.02
14.52
12.84
14.36
ii) meer Deej S Deej efej I hetbpeer (%)
CRAR - Tier I Capital (%)
8.96
9.99
8.22
9.20
iii) meer Deej S Deej efej II hetbpeer (%)
CRAR - Tier II Capital (%)
4.06
4.53
4.62
5.16
iv) yeQke ceW Yeejle mejkeej keer
Percentage of the shareholding of

the Government of India
57.03
57.03
53.81
53.81
v) DeeF&heer[erDeeF& efveie&efcele kej eehle jeefMe
Amount raised by issue of IPDI
` 711.50 Crores
` 900.00 Crores
vi) Dehej efej II efueKeleeW kees efveie&efcele kej
Amount raised by issue of Upper

Tier II instruments
` 1500 Crores.
` 1000.00 Crores
MesejOeeefjlee kee eefleMele
eehle jeefMe
2.
efveJesMe
2.
efJeJejCe
Particulars
(1) efveJesMeeW kee cetue

(i)
(ii)
efveJesMeeW kee mekeue cetue
Investments
eeuet Je<e&
efheuee Je<e&
Current Year
Previous Year
68001.34
57911.71
3739.46
3798.46
(1) Value of Investments

(i) Gross Value of Investments
(ke) Yeejle ceW
(a) In India
(Ke) Yeejle mes yeenj
(b) Outside India,
cetueeme kes efueS eeJeOeeve
( ` kejes[ ceW / ` in Crores)
(ii) Provisions for Depreciation
(ke) Yeejle ceW
(a) In India
336.96
350.07
(b) Outside India,
143.21
177.73
67664.38
57561.64
3596.25
3620.73
(i) Opening balance
527.80
917.33
(ii) Add: Provisions made during the

year
112.08
64.41
(iii) IeeSb : Je<e& kes oewjeve Deefleefje eeJeOeeveeW kee

yedekejCe/hegvejebkeve
(iii) Less: Write-off / write-back of

excess provisions during the year
159.71
453.94
(iv) Debeflece Mes<e
(iv) Closing balance
480.17
527.80
(iii) efveJesMeeW kee efveJeue cetue
(iii) Net Value of Investments
(ke) Yeejle ceW
(a) In India
(b) Outside India.
(2) efveJesMeeW hej cetueeme kes efueS Oeeefjle

eeJeOeeveeW kee mebeueve
(i)
eejefcYeke Mes<e
(ii)
pees[W : Je<e& kes oewjeve efkeS ieS eeJeOeeve
(2) Movement of provisions held towards

depreciation on investments
148
149
June 2, 2011 7:41 PM
2010 -11
2.1 Repo Transactions (in face value terms)

2.1 a. Repo Transactions (LAF) with RBI
2.1 efjhees mebJeJenej (Debefkele cetue ceW)

2.1 (ke) Yeejleere efj]peJe& yeQke kes meeLe efjhees mebJeJenej (SueSShe)
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
Minimum
Maximum
Daily Average
outstanding
outstanding
outstanding
during the year during the year during the year
efjhees kes lenle yeseer ieF& eefleYetefleeeb

(i) mejkeejer eefleYetefleeeb
(ii) keeheexjs $e+Ce eefleYetefleeeb
efjJeme& efjhees kes lenle Kejeroer ieF&
eefleYetefleeeb
Securities sold under repo

i. Government securities
ii. Corporate debt securities
Outstanding
as on
March 2011
1000.00
8000.00
1465.75
3000.00
0.00
0.00
0.00
0.00
500.00
5500.00
314.25
0.00
0.00
0.00
0.00
0.00
Securities purchased under

reverse repo
2.1 b. Repo Transactions - Market
2.1 (ke) efjhees mebJeJenej - ceekex
Je<e& kes oewjeve

vetvelece Mes<e
Je<e& kes oewjeve

DeefOekelece Mes<e
Je<e& kes oewjeve

owefveke Deewmele Mes<e
5.00
100.00
17.95
0.00
0.00
0.00
0.00
0.00
Minimum
Maximum
Daily Average
outstanding
outstanding
outstanding
during the year during the year during the year
31 ceee&
2011 kees Mes<e
Outstanding
as on
March 2011
efjhees kes lenle yeseer ieF& eefleYetefleeeb

efjJeme& efjhees kes lenle Kejeroer ieF&
eefleYetefleeeb
Securities sold under repo

25.00
101.64
16.93
0.00
0.00
0.00
0.00
0.00
2.2
i)
meb.
No.
Securities purchased under

reverse repo
2.2
i)
iewj Sme Sue Deej efveJesMe hees&Heesefueees

iewj Sme Sue Deej efveJesMeeW kes peejerkelee& Ieke
peejerkelee&
Issuer
(1)
(i)
(2)
PSUs
(ii)
FIs
heerSmeet
SHeDeeF&
(iii) yeQke
(iv) efvepeer efveiece
(v) Deveg<ebefieeeb /
mebegkele Gece
(vi) Deve
(vii) cetueeme nsleg
Oeeefjle eeJeOeeve
kegue
Banks
jeefMe
Amount
(3)
962.68
Non-SLR Investment Portfolio

Issuer composition of Non SLR investments
efvepeer huesmeceW
keer meercee
Extent of
Private
Placement
(4)
353.75
efveJesMe es[ kes veeres

keer eefleYetefleeeW
keer meercee
Extent of Below
Investment
Grade Securities
(5)
65.00
Devejss[
eefleYetefleeeW
keer meercee
Extent of
Unrated
Securities
(6)
0.00
Demeteerye
eefleYetefleeeW
keer meercee
Extent of
Unlisted
Securities
(7)
18.01
687.76
492.72
78.47
5.00
83.46
2958.19
1114.33
208.37
55.55
23.15
Private Corporate
1482.11
884.05
501.04
132.06
185.92
Subsidiaries / Joint
Ventures
1265.97
1265.97
0.00
0.00
0.00
Others
4188.02
306.91
21.63
159.76
761.99
Provision held towards

depreciation
-464.41
-16.13
-48.63
-68.99
11080.32
4417.73
858.38
303.74
1003.54
Total
149

ii)
150
June 2, 2011 7:41 PM
2010 -11
ii)
Devepe&ke iewj-SmeSueDeej efveJesMe
Non-performing Non-SLR investments
efJeJejCe
Particulars
eejbefYeke Mes<e
Opening balance
1 Deewue mes Je<e& kes oewjeve heefjJeOe&ve
Additions during the year since 1st April
Ghejese DeJeefOe kes oewjeve keewefleeeb
Reductions during the above period
Debeflece Mes<e
kegue Oeeefjle eeJeOeeve
efheuee Je<e&
Previous year
231.58
157.80
21.71
89.41
2.59
15.63
Closing balance
250.70
231.58
Total provisions held
227.53
228.71
2.3
2.3.1
2.3 [sjerJesefJme
2.3.1 HeejJe[& oj mecePeewles / yeepe oj mJewhe
efJeJejCe
eeuet Je<e&
Current year
Derivatives
Forward Rate Agreement / Interest Rate Swap
Particulars
eeuet Je<e&
efheuee Je<e&
Current year
Previous year
13745.00
7585.15
i)
mJewhe mecePeewles keer keefuhele cetue jeefMe
The notional principal of swap agreements
ii)
mecePeewles kes lenle Deheveer eefleyeleeDeeW kees keeGbj

heeea eje hetje ve kejves hej nesves Jeeueer neefve
Losses which would be incurred if counter

parties failed to fulfill their obligations under
the agreements
142.89
103.79
iii)
mJewhe ceW Deeves hej yeQke kes efueS Dehesef#ele keesuewjue
Collateral required by the bank upon entering

into swaps
iv) mJewhe mes GlheVe $e+Ce peesefKece kee mebkeWCe
Concentration of credit risk arising from the

swaps
601.40
182.89
v)
The fair value of the swap book
256.29
187.57
mJewhe yener kee Gefele cetue
2.3.2 SkemeeWpe ^s[s[ yeepe oj [sjerJesefJme :

meb. e.
Sr. No.
(i)
(ii)
(iii)
(iv)
2.3.2
Exchange Traded Interest Rate Derivatives:

efJeJejCe
Particulars
Je<e& kes oewjeve SkemeeWpe ^s[s[ yeepe oj

[sjerJesefJme keer veesMeveue efebefmeheue jeefMe
(efueKeleJeej)
Notional principal amount of exchange

traded interest rate derivatives undertaken
during the year (instrument-wise)
Metve
Je<e& kes oewjeve SkemeeWpe ^s[s[ yeepe oj [sjerJesefJme

keer 31 ceee& 2011 kes Devegmeej (efueKeleJeej) yekeeee
veesMeveue efebefmeheue jeefMe

traded interest rate derivatives outstanding
as on 31st March 2011 (instrument-wise)
Metve
veesMeveue efebefmeheue jeefMe Je<e& kes oewjeve SkemeWpe ^s[s[

yeepe oj [sjerJesefJme keer yekeeee veesMeveue efebefmeheue
jeefMe ``DeleefOeke eYeeJeer'' veneR (efueKeleJeej)

traded interest rate derivatives outstanding
and not "highly effective" (instrument-wise)
Metve
SkemeeWpe ^s[s[ yeepe oj keer ceeke&-t-ceekex

keercele [sjerJesefJme yekeeee Deewj DeleefOeke eYeeJeer
veneR (efueKeleJeej)
Mark-to-market value of exchange traded

interest rate derivatives outstanding and not
"highly effective" (instrument-wise)
Metve
jeefMe
Amount
150
NIL
NIL
NIL
NIL
151
June 2, 2011 7:41 PM

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.
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.
yeQke kees efpeve peesefKeceeW kee Keleje jnlee nw, Jes nQ : $e+Ce peeseKf ece, yeepeej peesefKece,
osMeere peesefKece Deewj Heefjeeueve peesefKece. yeQke keer cetue peesefKece, peesefKece HeyebOeve
veerelf eeeb (yeQke kes efveosMeke ceb[ue eje Devegceeseof le) nQ, pees SceerSce, (JeerSDeej) leLee
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.
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.
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 :-
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:-
keefuHele cetue jeefMe Hej ueeiet efkeee peeves Jeeuee HeeblejCe Ieke
Conversion factor to be applied on notional principal amount
DeJeefMe heefjhekeJelee
Residual Maturity
Ske Je<e& mes kece
yeepe oj mebefJeoe
efJeefvecee oj mebefJeoe
Interest Rate Contract
Exchange Rate Contract
Less than one year
0.50%
2.00%
Ske Je<e& Deewj DeefOeke
One year and above
1.00%
10.00%
heebe Je<e& mes DeefOeke
Over five years
3.00%
15.00%
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
152
June 2, 2011 7:41 PM
2010 -11
(ii) Quantitative Disclosures
(ii) cee$eelceke HekeerkejCe
meb. e. efJeJejCe

Particulars
Sr. No.
kejWmeer [sefjJesefJme
yeepe oj [sefjJesefJme
53.32
7067.12
NIL
1665.00
53.32
5402.12
Currency
Derivatives
Interest rate
Derivatives
[sefjJesefJme (keefuhele cetue jeefMe)
Derivatives (Notional Principal Amount)
ke) nweEpeie kes efueS
a) For hedging
Ke) ^seE[ie kes efueS
b) For trading
ceeke&[ t ceekex heesefpeMeve (1)
Marked to Market Positions [1]
0.35
-4.53
ke) Deeefmleeeb (+)
a)
Asset (+)
2.27
98.42
Ke) oseleeSb (-)
b)
Liability (-)
-1.92
-102.95
(iii)
$e+Ce peesefKece (2)
Credit Exposure [2]
7.03
177.24
(iv)
yeepe oj ceW 1% nesves Jeeues heefjJele&ve

kee mebYeeefJele eYeeJe (100*heerJeer 01)
Likely impact of one percentage change

in interest rate (100*PV01)
0.92
175.86
ke) nweEpeie [sefjJesefJme hej
a)
On hedging derivatives
--
53.01
Ke) ^seE[ie [sefjJesefJme hej
b)
On trading derivatives
0.92
122.85
Je<e& kes oewjeve heeS ieS

vetvelece leLee DeefOekelece 100*heerJeer01
Maximum and Minimum of

100*PV01 observed during the year
1.527 & NIL
133.75 & 52.66
ke) nweEpeie hej
a) On hedging
0.11 & NIL
70.10 & 52.66
Ke) ^seE[ie hej
b) On trading
1.53 & 0.92
133.75 & 108.27
(i)
(ii)
(v)
2.4
2.4.1
ke.
Deeefmle iegCeJeee
iewj efve<heeoke Deeefmleeeb
iewj efve<heeoke DeeefmleeeW kee mebeueve
2.4
Asset Quality
2.4.1
Non-Performing Asset
A.
Movement of NPAs
eeuet Je<e&
efheuee Je<e&
Current Year
Previous Year
1 Deewue 2010 kees mekeue SveheerS

(eejbefYeke Mes<e)
Gross NPAs as on 1st April 2010

(Opening Balance)
2400.69
1842.92
Je<e& kes oewjeve peg[s (veS SveheerS)
Additions (Fresh NPAs) during the year
1897.01
1671.22
Ghe pees[ (ke)
Sub-Total (A)
4297.70
3514.14
IeeSb :
Less : 189.17
215.37
455.49
383.27
500.54
514.81
(i)
Up-gradations
(i)
Dehees[sMeve *
(ii)
Jemetefueeeb (Dehees[ efkeS ieS KeeleeW (ii) Recoveries (excluding recoveries

made from upgraded accounts)
mes ngF& JemetefueeeW kees es[kej)
(iii)
yes Keeles [eueer ieF& jeefMe
(iii) Write-offs
Ghe pees[ (Ke)
Sub-total (B)
1145.20
1113.45
31 ceee& 2011 kes mekeue SveheerS

Debeflece Mes<e (ke Ke)
Gross NPAs as on 31st March 2011

(Closing balance) (A-B)
3152.50
2400.69
152
153
June 2, 2011 7:41 PM

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

SveheerS nsleg eeJeOeeve kee mebeueve
(ceeveke DeeefmleeeW hej eeJeOeeve kees es[kej) (excluding provisions on standard assets)
(ke)
eejbefYeke Mes<e
(a)
Opening balance
1798.37
1393.88
(Ke)
(b)
Provisions made during the year
1178.86
648.96
(ie)
DeeefOekee eeJeOeeveeW kees yes Keeles

[euevee/hegveefnmeeye ceW uesvee
(c)
Write-off/ write-back of
excess provisions
615.61
244.47
(Ie)
Debeflece Mes<e
(d)
Closing balance
2361.62
1798.37
C)
#es$eJeej SveheerS
eceebke #es$e
Sector-wise NPAs
Sector
#es$e ceW kegue DeefeceeW ceW SveheerS kee eefleMele
Sl.
No.
Percentage of NPAs to Total

Advances in that sector
eeuet Je<e&
efheuee Je<e&
Current Year
Previous Year
ke=ef<e SJeb mecye ieefleefJeefOeeeb
Agriculture & allied activities
3.47
3.33
Geesie (ceeFees SJeb ueIeg, ceOece SJeb ye[s)
Industry (Micro & small, Medium and Large)
1.76
1.06
mesJeeSb
Services
1.22
0.82
Jeefeiele $e+Ce
Personal Loans
1.72
3.68
Ie)
efJeosMeer Deeefmleeeb, SveheerS leLee jepemJe
D)
eqJeJejCe
Particulars
kegue Deeefmleeeb
Total Assets
kegue Sve heer S
Total NPAs
kegue jepemJe
Total Revenue
Overseas Assets, NPAs and Revenue

eeuet Je<e&
153
efheuee Je<e&
Current Year
Previous Year
91261.86
68343.19
366.27
204.63
3165.98
2646.07

2.4.2
154
June 2, 2011 7:41 PM
2010 -11
2.4.2
hegveie&ef"le KeeleeW kee efJeJejCe
Particulars of Accounts Restructured.

meer[erDeej
keee&eCeeueer
SmeSceF& $e+Ce
hegveefve&Oee&jCe
Others
Deve
203
9786
166.01
487.22
2189.38
11.06
4.91
52.74
22
129
154.24
12.90
4.42
4.50
0.16
0.10
CDR
SME Debt
Mechanism Restructuring
hegveie&ef"le
ceeveke Deefece
hegveie&ef"le
DeJeceeveke
Deefece
Standard
advances
restructured
Sub
standard
advances
restructured
Doubtful
hegveie&ef"le
mebefoiOe Deefece advances
restructured
pees[
TOTAL
$e+Ce kelee&DeeW keer mebKee
No. of Borrowers
yekeeee jeefMe
Amount outstanding
t (Gefele cetue ceW keceer)
Sacrifice (diminution in
the fair value)
No. of Borrowers
yekeeee jeefMe
Amount outstanding
the fair value)
No. of Borrowers
13
109
yekeeee jeefMe
Amount outstanding
0.01
11.91
the fair value)
0.01
0.12
No. of Borrowers
238
10024
yekeeee jeefMe
Amount outstanding
320.25
500.13
2205.71
the fair value)
15.56
5.08
52.96
2.4.3 eefleYeteflekejCe/hegveie&"ve kecheveer DeLeJee Deeefmle hegveie&"ve kes efueS yeseer ieF&
efJeeere DeeefmleeeW kee efJeJejCe
2.4.3 Details of financial assets sold to Securitization /

Reconstruction Company or Asset Reconstruction
efJeJejCe
Particulars
eeuet Je<e&
efheuee Je<e&
Current Year
Previous Year
(i) KeeleeW keer mebKee
No. of accounts
33
(ii) Smemeer/Deejmeer kees yeses ieS KeeleeW keer
Aggregate value (net of provisions) of

accounts sold to SC / R C
(iii) kegue eefleHeue
Aggregate consideration
5.05
15.43
(iv) DeejbefYeke Je<eeX ceW Debleefjle KeeleeW kes mebyebOe ceW
Additional consideration realized in respect

of accounts transferred in earlier years
5.05
15.43
kegue keercele (eeJeOeeveeW kee ves)
Jemetuee ieee Deefleefje eefleHeue

(v) Meg yener keercele hej kegue ueeYe/(neefve)
Aggregate gain / (loss) over net book

value
154
155
June 2, 2011 7:41 PM
2.4.4 Details of non-performing financial assets purchased/sold
2.4.4 Kejeroer ieF& / yeseer ieF& iewj efve<heeoke efJeeere DeeefmleeeW kee efJeJejCe
ke.
2010 -11
A.
Kejeroer ieF& iewj efve<heeoke efJeeere DeeefmleeeW kes efJeJejCe :
Details of
purchased:
non-performing
financial
assets
(` kejes[ ceW / ` in Crores)
efJeJejCe
1.
2.
Particulars
eeuet Je<e&
efheuee Je<e&
Current Year
Previous Year
ke. Kejeros ieS KeeleeW keer mebKee
(a) No. of accounts purchased during the

year
Ke. mecee yekeeee
(b) Aggregate outstanding
ke. FveceW mes Je<e& kes oewjeve hegveie&ef"le KeeleeW

keer mebKee
(a) Of these, number of accounts

restructured during the year
ke. mekeue yekeeee
(b) Aggregate outstanding
Ke.
B.
yeseer ieF& iewj efve<heeoke efJeeere DeeefmleeeW kee efJeJejCe :
Details of non-performing financial assets sold:

efJeJejCe
Particulars
1.
yeses ieS KeeleeW keer mebKee
2.
3.
eeuet Je<e&
Previous Year
No. of accounts sold
35
mecee yekeeee
Aggregate outstanding
67.31
mecee eefleHeue eeefhle
Aggregate consideration received
21.54
2.4.5 Provisions on Standard Asset
2.4.5 ceeveke Deeefmleee@eW hej eeJeOeeve
ceoW
Item
DeejyeerDeeF& ceeveoC[eW kes Devegmeej ceeveke DeeefmleeeW kes

efueS eeJeOeeve
Provisions towards Standard Assets as

per RBI norms
ceeveke DeeefmleeeW kes efueS Deve Deekeefmceke eeJeOeeve
Other contingent provision towards

Standard Assets
2.5
efheuee Je<e&
Current Year
eeuet Je<e&
2.5
JeeJemeeefeke Devegheele
efJeJejCe
efheuee Je<e&
Current Year
Previous Year
911.35
688.71
6.07
Business Ratios
Particulars
eeuet Je<e&
efheuee Je<e&
Current year
Previous Year
(i)
Deewmele keee&Meerue efveefOeeeW kes eefleMele kes he ceW Interest Income as a percentage to
Average Working Funds
yeepe Deee
6.97
6.86
(ii)
Deewmele keee&Meerue efveefOeeeW kes eefleMele kes he ceW Non-interest income as a

Percentage to Average Working Funds
iewj-yeepe Deee
0.89
1.15
(iii)
Deewmele keee&Meerue efveefOeeeW kes eefleMele kes he ceW Operating Profit as a percentage
To Average Working Funds
heefjeeueve ueeYe
2.22
2.03
(iv)
DeeefmleeeW hej eefleHeue
Return on Assets
1.33
1.21
(v)
eefle kece&eejer JeJemeee (pecee leLee Deefece)

(. kejes[ ceW)
Business (Deposits plus advances) per

employee ( ` In Crores)
13.33
9.81
(vi)
eefle kece&eejer ueeYe (. kejes[ ceW)
Profit per employee ( ` In Crores)
0.11
0.08
155

2.6
156
June 2, 2011 7:41 PM
2010 -11
2.6
DeeefmleeeW Deewj oseleeDeeW keer keg ceoeW kee heefjhekeJelee mJehe (eyebOeve
eje mecesefkele SJeb uesKee hejer#ekeeW eje Jee efJeMJeeme kes Devehe)
1 efove
1 day
2 mes 7
efove
Maturity pattern of certain items of assets and liabilities

(As compiled by the management and relied upon by
the auditors)
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
2 to 7
days
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
kegue
Total
years
pecee jeefMeeeb
Deposits
6810.06 15685.48 14159.61 11574.86 35087.60
31880.74 78769.36 58293.15 10417.81 42760.81 305439.48
Deefece
Advances
3189.22 4055.21
4719.87
5165.89 27056.95
29223.81 30160.55 43314.63 28991.24 52798.99 228676.36
efveJesMe
Investments
308.78 1021.37
261.94
473.73 2888.74
1077.89
1994.70
GOeej
Borrowings
324.42
451.79
71.92
293.75 1543.06
2305.30
46.24
efJeosMeer
cege Deeefmleeeb
Foreign
Currency assets
9641.29 5077.95
2778.30
5353.27 23054.09
16715.24 16187.12 10677.74 10688.62 6636.20 106809.82
efJeosMeer
cege oseleeSb
Foreign Currency
liabilities
9591.30 8928.37
3231.94
6057.93 16073.17
18028.63 13464.97 11483.17 11853.45 10247.89 108960.83
2.7
2.7.1
Skemeheespej
efjeue Sms #es$e ceW Skemeheespej
7301.10 13921.93 42010.44 71260.63

2739.36
1862.08 12669.91 22307.85
2.7
Exposure
2.7.1
Exposure to Real Estate Sector

Category
esCeer
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, Deeweeseif eke ee Jesej
neGme mhesme,nesue, peceerve, DeefOeenCe, efJekeeme leLee
efvecee&Ce keee& Deeefo) Skemeheesp] ej 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
a)
(i)
eeuet Je<e&
efheuee Je<e&
13085.20
10601.48
6082.45
4607.13
Current Year Previous Year
Direct exposure
Residential Mortgages
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
b)
a.
Residential,
17.84
50.64
b.
Commercial Real Estate.
43.54
97.84
10.00
14.62
Indirect Exposure
Fund based and non-fund based exposures

(i)
National Housing Bank (NHB)
(ii)
Housing Finance Companies (HFCs)
Total Exposure to Real Estate Sector
156
4618.91
7201.26
23857.95
22572.97
157
June 2, 2011 7:41 PM

2.7.2 Hebtpeer yeepeej ceW $e+Ce peesefKece
2.7.2 Exposure to Capital Market

Items
efJeJejCe
2010 -11
eeuet Je<e&
efheuee Je<e&
Current
year
Previous
Year
(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
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;
1361.79
1219.72
(ii)
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
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;
12.16
5.68
(iii)
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.
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;
4.80
450.28
(iv)
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.
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
5.37
2.74
(v)
me@ke yeeskejeW kees peceeveleer leLee iewj peceeveleer Deefiece (v)

leLee me@ke yeeskejeW leLee ceekex ceskej keer Deesj mes peejer
ieejbefeeb
Secured and unsecured advances to

stockbrokers and guarantees issued on behalf
of stockbrokers and market makers
206.46
140.69
(vi)
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
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;
123.74
(vii) mebYeeefJele FefkeJeer HeJeen/efveie&ceeW keer SJepe ceW kebHeefveeeW kees (vii)
Bridge loans to companies against expected

equity flows/issues;
0.13
(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;
hetjke (efyepe) $e+Ce
(ix)
ceeefpe&ve ^sef[bie kes efueS me@ke yeeskejeW kees efJee Heoeve (ix)
kejvee
Financing to stockbrokers for margin trading
150.11
(x)
JeWej hetbpeer efveefOeeeW (Hebpeerke=le leLee iewj Hebpeerke=le) kee (x)

peesefKece
All exposures to Venture Capital Funds (both

registered and unregistered)
741.88
725.73
Hetbpeer yeepeej ceW kegue peesefKece
Total Exposure to Capital Market
2606.44
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
158
2010 -11
peesefKece esCeerJeej osMeere Skemehees]pej
2.7.3 Risk Category wise Country Exposure

Category
esCeer
June 2, 2011 7:41 PM
ceee& 2011 kees

Skemehees]pej (ves)
ceee& 2011
kees eeJeOeeve
Exposure
(net) as at
March 2011
Provision
held as at
March 2011
ceee& 2010
kees Skemehees]pej (ves)
ceee& 2010
kees eeJeOeeve
Exposure
(net) as at
March 2010
Provision
held as at
March 2010
cenlJenerve
Insignificant
11525.14
5.19
10678.11
4.03
vetve
Low
11681.36
12.22
8843.90
11.31
ceOe vetve
Moderately Low
ceOe
Moderate
ceOe Ge
Moderately High
Ge
High
DeefOeke Ge
769.28
520.57
337.49
257.46
Very High
1212.04
1208.94
meerefcele
Restricted
6.66
3.75
$e+Ce mes Flej
Off-credit
0.06
kegue
Total
2.7.4
25532.03
yeQke eje Skeue $e+Ceer meercee (SmeyeerSue) mecetn $e+Ceer meercee (peeryeerSue)
ceW DeeefOekee
kepe&oej kee veece
Name of the borrower
Metve
Nil
kepe&oej kee veece
Name of the borrower
Metve
Nil
2.7.5
17.41
21512.73
2.7.4 Single Borrower Limit (SBL)/ Group Borrower Limit

(GBL) exceeded by the bank.
mecetn kepe&oej
Skemehees]pej meercee
kegue efveOee&efjle
meercee
31.03.2011
kees Mes<e
Nil
Nil
Nil
Skeue kepe&oej
Skemehees]pej meercee
kegue efveOee&efjle
meercee
31.03.2011
kees Mes<e
Nil
Nil
Single Borrower
Exposure Limit
Group Borrower
Exposure Limit
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.
15.34
Total Limit Balance as on

Sanctioned
31.03.2011
Total Limit Balance as on

Sanctioned
31.03.2011
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
159
June 2, 2011 7:41 PM
2.7.6 Concentration of Deposits, Advances, Exposures and

NPAs
2.7.6. a) Concentration of Deposits
2.7.6 peceeDeeW, DeefeceeW, Skemehees]pej leLee SveheerS kee kesverkejCe

2.7.6. ke) peceeDeeW kee kesverkejCe
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
Total Deposits of twenty largest depositors
Previous Year
16964.32
9.97
7.04
2.7.6. b) Concentration of Advances

eeuet Je<e&
yeQke kes kegue DeefeceeW ceW yeerme meyemes ye[s $e+efCeeeW kees efoS
ieS DeefeceeW kee eefleMele
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
Previous Year
34528.36
11.19
14.90
eeuet Je<e&
$e+efCeeeW / eenkeeW kes eefle yeQke kes kegue Skemehees]pej kee

eefleMele
Total Exposure to twenty largest borrowers/

customers
Percentage of Exposures to twenty largest
borrowers/customers to Total Exposure of
the bank on borrowers/customers
Previous Year
35215.36
9.73
12.15
eeuet Je<e&
Total Exposure to top four NPA accounts
Current Year
383.89
eeuet Je<e&
2.8
efheuee Je<e&
Previous Year
259.39
2.7.6. e) Provision Coverage Ratio
2.7.6. *) eeJeOeeve keJejspe Devegheele
mekeue SveheerS ceW eeJeOeeve keJejspe Devegheele
efheuee Je<e&
Current Year
38237.82
2.7.6. d) Concentration of NPAs
2.7.6. Ie) SveheerS kee kesverkejCe
eej ye[s SveheerS KeeleeW ceW kegue Skemeheespej
efheuee Je<e&
Current Year
36312.71
2.7.6. c) Concentration of Exposures
2.7.6. ie) Skemehees]pej kee kesverkejCe
yeerme meyemes ye[s $e+efCeeeW / eenkeeW kee kegue Skemehees]pej
efheuee Je<e&
Current Year
30464.99
Percentage of Deposits of twenty largest

depositors to Total Deposits of the bank
2.7.6. Ke) DeefeceeW kee kesverkejCe
yeerme meyemes ye[s $e+efCeeeW kees efoS ieS kegue $e+Ce
2010 -11
Current Year
74.91%
PCR to Gross NPA

2.8
efJeefJeOe
2.8.1 Je<e& kes oewjeve kejeOeeve nsleg efkeS ieS eeJeOeeve keer jeefMe
efheuee Je<e&
Previous Year
74.90%
Miscellaneous
2.8.1 Amount of Provisions for Taxation during the year

eeuet Je<e&
efheuee Je<e&
kej nsleg eeJeOeeve
Provision for Tax
IeeSb : efheues Je<eeX mes mebyebefOele kej kee

efjJeme&ue
Less reversal of Tax provisions relating to

previous years
kej kes efueS ves eeJeOeeve
Net Provision for Tax
159
Current Year
Previous year
1652.91
1319.98
244.27
140.25
1408.64
1179.73
160
2010 -11
2.8.2 Yeejleere efj]peJe& yeQke eje ueieeS ieS ob[ kee ekeerkejCe
June 2, 2011 7:41 PM
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
Devegmeej mecesefkele efkeee peevee nw)
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)
eeeesefpele SmeheerJeer kee veece Name of the SPV sponsored

Iejsuet Domestic
efJeosMeer Overseas
Metve / NIL
Metve / NIL
3.
3. SmeSueDeej efveJesMe
SLR Investments:
eeuet Je<e&
yener cetue
ceekex cetue
efheuee Je<e&
yener cetue
ceekex cetue
Current Year
Previous Year
Book Value Market Value Book Value Market Value
mejkeejer eefleYetefleeeb
SmeSueDeej (meerpeer, Smepeer Je eryeer)
Government Sec
SLR (CG, SG & TB)
Devegceesefole eefleYetefleeeb SmeSueDeej
Approved Sec SLR
59268.51
59268.51
49456.44
49422.55
540.70
536.28
800.61
857.15
4. eeJeOeeveeW Je DeekeefmcekeleeDeeW kee yeske Dehe
4.
Break up of Provisions and Contingencies
4.1 ueeYe Je neefve Keeles ceW Deeves Jeeues eeJeOeeve Je DeekeefmcekeleeDeeW kee
efJeJejCe Fme ekeej nw:
4.1 The break-up of provisions and contingencies appearing

in Profit & Loss Account is as under:
eeuet Je<e&
efJeJejCe
Particulars
efveJesMe hej cetueeme nsleg eeJeOeeve
Provision for depreciation on investment
yesKeeles [eues ieS DeMeesOe $e+CeeW/SveheerS kes

efueS eeJeOeeve
Bad debts written off / Provision made towards NPA
ceeveke DeeefmleeeW nsleg eeJeOeeve
Provision for standard assets
kej nsleg eeJeOeeve (DeemLeefiele kejeW,

Deewj mebheoe kej meefnle)
Provision for taxes (including deferred taxes, and

Wealth tax)
Deve eeJeOeeve leLee DeekeefmcekeleeSb
Other Provision and Contingencies
hegveie&ef"le ceeveke Je DeJeceeveke KeeleeW ceW yeepe kes

mewefeHeeFme nsleg eeJeOeeve
Provision towards sacrifice of interest in restructured

standard and sub-standard accounts
osMeiele peesefKece eyebOeve nsleg eeJeOeeve
Provision for Country Risk Management
kece&eejer keueeCe Kee& nsleg eeJeOeeve
efheuee Je<e&
Current
Year
Previous
Year
9.01
-380.74
1040.05
900.65
223.85
106.63
1408.64
1179.73
10.55
54.81
Provision for staff welfare expenses
15.00
15.00
Deve
Others
32.82
0.85
kegue
Total
2739.92
1876.93
160
161
June 2, 2011 7:41 PM
4.2 Floating Provisions Comprehensive Disclosures

4.2 DemLeeeer eeJeOeeve - Jeeheke ekeerkejCe
eeuet Je<e&
efJeJejCe
Particulars
ke. DemLeeeer eeJeOeeve Keeles ceW DeejefcYeke Mes<e
a.
Opening balance in the

provisions account
Ke. uesKee Je<e& ceW efkeS ieS DemLeeeer eeJeOeeve keer jeefMe
b.
ie. uesKee Je<e& kes oewjeve efkeS ieS [ê [eGve keer
jeefMe
Ie. DemLeeeer eeJeOeeve Keeles ceW Debeflece Mes<e
c.
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
d.
4.3
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
5
(ke)
(Ke)
(ie)
(Ie)
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
* FveceW
mes, 111 efMekeeeleW Ske ceen mes kece hegjeveer nQ.
2010 -11
floating
efheuee Je<e&
Current
Year
550.35
Previous
Year
550.35
300.00
850.35
550.35
Draw Down from Reserves

During the financial year 2010-11 there has been no
draw down of the Reserves.
5.
Disclosure of complaints
A. Customer Complaints
(a) No. of complaints pending at the beginning of the year
91
(b) No. of complaints received during the year
6239
(c)
No. of complaints redressed during the year
6170
(d) No. of complaints pending at the end of the year
160*
*Out of this, 111 complaints are less than one month old.
B. Awards passed by the Banking Ombudsman
Ke. yeQefkebie ueeskeheeue eje efoS ieS efveCe&e

(ke) Je<e& kes Meg ceW keeee&efvJele ve efkeS ieS efveCe&eeW keer mebKee
(a) No. of unimplemented Awards at the beginning of the year
02
(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
(b) No. of Awards passed by the Banking Ombudsman during

the year
21
(c)
22
(Ie)
(d) No. of unimplemented Awards at the end of the year
Je<e& kes Deble ceW keeee&efvJele ve efkeS ieS efveCe&eeW keer mebKee
No. of Awards implemented during the year
01
6. egkeewleer DeeMJeemeve He$e
6.
ke. eeuet efJeeere Je<e& kes oewjeve peejer egkeewleer DeeMJeemeve he$e (SueDeesmeer)
A. Letters of Comfort (LOCs) issued during the Current

Financial Year.
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
Status of Letters of Comfort
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.
161
162
June 2, 2011 7:41 PM
2010 -11
Ke. Fbmeret Dee@He] ee&[& SkeeGbsdme Dee@He] Fbef[ee eje peejer SkeeGbefbie
mQ[[& (SSme) kes mebyebOe ceW HekeerkejCe
1. kece&eejer ueeYe (S.Sme.-15)
1.1 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.
1.2 ieseger :
yeQke DeHeves Ssmes kece&eeefjeeW kees, pees efke yeQke mesJee mes mesJeeefveJe=e DeLeJee
mesJeeleeie kejles nQ, ies eger kee Yegieleeve kejlee nw. yeQke Heleske Je<e& Yegieleeve
keer peeves Jeeueer Fme ies eger keer hebef[ie kes efueS Ske Deebleefjke veeme kees
DebMeoeve jeefMe Heoeve kejlee nw. ies eger efveefOe kes efveeceeW kes DevegHe yeepe
oj, Jesleve Je=e
f , ce=leg oj Deewj mesJee es[ ves Jeeues mehe kee Devegceeve ueieeles
ngS, Heefjueef#ele FkeeF& $e+Ce yeerceebekf eke Heefle kes DeeOeej Hej ies eger oselee kes
yeerceebekf eke cetue keer ieCevee keer peeleer nw .
efveefOeeeW kee efveJesMe Yeejle mejkeej eje efveOee&efjle efveJesMe Heefle kes Devegmeej
efkeee peelee nw .
Yegieleeve keer peeves Jeeueer ieseger keer ieCevee 3 efJeefYevve eespeveeDeeW kes lejerkes
mes keer peeleer nw leLee Fmekes efueS kece&eeefjeeW kes efueS Hee$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 ieps eger ceW
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=epf ele ngF& nw. Fmekes Deefleefjkele, Je<e& kes oewjeve yeQkeeW kes kece&eeefjeeW
kees ies eger Yegieleeve DeefOeefveece, 1972 ceW efkeS ieS mebMeesOeve kes Devegmeej ose
ies eger keer meercee Yeer ye]{eeer ieeer. Fmekes HeuemJehe, yeQke keer ies eger oselee
ceW ` Metve keer Je=e
f ngF.&
B.
1.
Disclosure in terms of Accounting Standards (AS) issued

by the Institute of Chartered Accountants of India:
Employee Benefits (AS-15)
1.1 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.
1.2 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.
1.3 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)

162
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.
163
June 2, 2011 7:41 PM

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 efjp] eJe& yeQke ves efo.9 HejJejer, 2011 kees meeJe&peefveke #es$e kes yeQkeeW
kes kece&eeefjeeW kees heWMeve efJekeuhe hegve: eoeve kejves leLee ies eger meerceeDeesb
ceW Je=e
f efJeJeskehetCe& efveeeceke heefle kes mebyebOe ceW heefjhe$e meb. [eryeerDees[er.
yeerheeryeermeer:80/21.04.018/ 2010-11 peejer efkeee Lee. Gkele heefjhe$e
kes eeJeOeeveeW kes Deveghe, yeQke ves `365.98 kejes[] keer jeefMe (`8929.90
kejes[] kee 1/5) ueeYe-neefve Keeles kees eYeeefjle keer nw. `1463.92 kejes[] keer
DeefveOee&ejf le Mes<e jeefMe (`1829.90 `365.98 kejes[] ) kees Gkele heefjhe$e ceW
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 efjp] eJe& 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, meebeJf eefOeke/
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 yeQekf ebie efJeefveece DeefOeefveece 1949 keer Oeeje 53 kes Devleie&le Yeejle
mejkeej eje peejer DeefOemeteveeDeeW leLee Oeeje 15 keer Devegheeuevee kes DeOeOeerve
nw.
1.4 YeefJe<e efveefOe :
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.
yeQke Dee@He] ye[ewoe kees DeHeves kece&eeefjeeW kes mesJee efveJe=ef e ueeYeeW kes Ske Yeeie kes He
ceW YeefJe<e efveefOe keer osKejsKe meebeJf eefOeke DeeJeMekelee nw. Fme efveefOe kee HeyebOeve
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&ejf le efveJesMe Heefle kes Devegmeej efkeee peelee nw.
1.5 ger kee vekeoerkejCe :
1.4 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.
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 .
1.5 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.
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 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.
163
164
June 2, 2011 7:41 PM
2010 -11
1.7 Disclosures
Principal Acturial Assumptions [Expressed as Weighted
Averages]
1.7 ekeerkejCe
cetue yeerceebefkeke DeJeOeejCeeSb (Jewspe Deewmele kes He ceW DeefYeJekele)
HeWMeve
ef[mkeeGb oj
Jesleve Je=ef oj
eme oj
eespeveeiele DeeefmleeeW Hej mebYeeefJele
efjve& js
eespevee kee mJehe TYPE OF PLAN

DeJekeeMe
vekeoerkejCe
ieseger
Deefle. mesJee ueeYe
PENSION
LEAVE
ENCASHMENT
GRATUITY
ARB
Discount rate
8.50%
8.50%
8.50%
8.50%
Salary Escalation Rate
4.00%
4.00%
4.00%
4.00%
Attrition Rate
2.00%
2.00%
2.00%
2.00%
Expected Rate of Return on

plan Assets
8.00%
0.00%
8.00%
0.00%
RECONCILIATION OF OPENING AND CLOSING BALANCE

OF LIABILITY
oseleeDeeW kes DeejbefYeke Deewj Debeflece Mes<e kee meceeOeeve

DeJekeeMe
HeWMeve
ieseger
vekeoerkejCe
PENSION
Deefle.
mes
J
ee
ueeYe
LEAVE GRATUITY
ARB
ENCASHMENT
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 yeerceebekf eke neefve/ueeYe(-) e)
31.03.2011 kees HeerJeerDees
f)
PVO as at 1/4/2010
Interest Cost
Current Service Cost
2861.10
508.75
1023.74
431.28
228.44
40.06
81.53
34.33
94.20
26.03
52.10
11.70
Past service cost (amortised)

Past service cost (vested benefit)
1829.90
554.14
Liability transferred in
1358.22
Benefits Paid
-199.63
68.13
113.16
27.62
-72.33
53.20
282.45
-8.17
6654.04
559.91
1327.35
441.52
Actuarial loss/gain(-) on obligation

PVO as at 31.03.2011
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

DeJekeeMe
HeWMeve
ieseger
vekeoerkejCe
PENSION
a) Fair Value of plan assets as
on 1/4/2010
ke) 1/4/210 kees eespeveeiele DeeefmleeeW kee

Gefele cetue
Ke) eespeveeiele DeeefmleeeW hej mebYeeefJele efjve& b) Expected Return on Plan Assets
c) Contributions
ie) DebMeoeve
d) transfer from other trust and
Ie) Deve veeme SJeb meomeeW mes Debleefjle
2701.89
*) Heoe ueeYe
e) yeerceebefkeke ueeYe / (-) neefve
) 31.03.2011 kees eespeveeiele DeeefmleeeW
kee Gefele cetue
members
e) Benefits Paid
f)
Actuarial gain / (-) loss
g) Fair Value of Plan Assets as

on 31.03.2011
164
Deefle.
mes
J
ee
ueeYe
LEAVE GRATUITY
ARB
ENCASHMENT
0
779.01
236.32
73.08
351.97
68.13
191.23
27.62
-199.63
68.13
113.46
27.62
-60.20
-23.00
4388.57
53.20
906.86
8.17
1358.22
165
June 2, 2011 7:41 PM
2010 -11
AMOUNT RECOGNISED IN THE BALANCE SHEET
legueve-He$e ceW ceeve jeefMe

Deefle.
mes
J
ee
ueeYe
PENSION
GRATUITY
ENCASHMENT
ARB
kejCe
HeWMeve DeJekeeMe vekeoer
LEAVE
ieseger
ke) oeefelJe kee HeerJeer
a) PV of obligation
6654.04
559.91
1327.35
441.52
Ke) eespeveeiele DeeefmleeeW kee Gefele cetue
b) Fair value of plan assets
4388.57
906.86
ie) Devlej
c) Difference
2265.47
559.91
420.49
441.52
Ie) DeefveOee&efjle mebeceCeMeerue oselee
d) Unrecognised transitional liability
1476.92
39.20
37.38
45.20
*) leguevehe$e ceW ceeve oselee
e) Liability Recognised in the BS
788.55
520.71
383.11
396.12
AMOUNT RECOGNISED IN THE P&L ACCOUNT
ueeYe-neefve Keeles ceW ceeve jeefMe

Deefle.
mes
J
ee
ueeYe
GRATUITY
ENCASHMENT
ARB
kejCe
HeWMeve DeJekeeMe vekeoer
LEAVE
PENSION
ke)
eeuet mesJee ueeiele
a)
Current Service Cost
Ke)
yeepe ueeiele
b)
Interest Cost
ie)
eespeveeiele Deeefmle Hej mebYeeefJele

efjve&
c)
Expected Return on Plan

Assets
Ie)
eqveOee&efjle efheueer mesJee ueeiele

(cetle& he)
d)
*)
efveOee&efjle efheueer mesJee ueeiele

(efveefnle ueeYe)
e)
e)
Meg yeerceebefkeke neefve/ueeYe (-)
)
pe)
ieseger
94.20
26.03
52.10
11.70
228.44
40.06
81.53
34.33
-236.32
-73.08
Past service cost

(amortised) recognised
365.98
past service cost (vested

benefit) recognised
554.14
f)
Net Actuarial Loss/gain(-)
-12.13
53.20
305.45
-8.17
Je<e& kes oewjeve ceeveer ieeer

mebeceCeMeerue oselee
g)
Transitional liability
recognized in the year
13.00
39.20
38.00
45.40
ueeYe neefve Keeles ceW efveOee&efjle Kee&
Expenses Recognised in P&L
1007.31
158.49
404.00
83.26
165
166
June 2, 2011 7:41 PM
2010 -11
3.

3. mesieceW efjHeesefie (S.Sme.-17) :

Yeeie - ke : efyepevesme mesieceW
Segment Reporting (AS-17)

Part A Business Segments
^spejer
keeheexjs/nesuemesue yeQeEkeie
Treasury
Corporate / Wholesale
Banking
efjsue yeQeEkeie
Deve yeQefkebie heefjeeueve
Retail Banking
kegue
Other Banking
Operations
Total
eeuet Je<e&
efheuee Je<e&
eeuet Je<e&
efheuee Je<e&
eeuet Je<e&
efheuee Je<e&
eeuet Je<e&
efheuee Je<e&
eeuet Je<e&
efheuee Je<e&
5597.84
4599.16
9840.82
7324.24
5983.40
4956.91
3273.04
2624.39 24695.10 19504.70
882.51
1047.70
1525.49
1585.36
1517.89
778.65
2750.61
1780.39
Current Yr Prev Year Current Yr Prev Year Current Yr Prev Year Current Yr Prev Year Current Yr Prev Year
jepemJe
Revenue
heefjCeece
Result
Deveeyebefle
Kee&
Unallocated
Expense
heefjeeueveiele Operating
Profit
ueeYe
Deeekej
Income taxes
6676.50
5192.10
1026.18
954.04
5650.32
4238.06
1408.64
1179.73
4241.68
3058.33
efJeefMe< ueeYe/ Extra-ordinary

Profit/loss
neefve
Meg ueeYe
Net Profit
Deve
metevee
Other
Information
mesieceW
Deeefmleeeb
Segment
Assets
Deveeyebefle
Deeefmleeeb
Unallocated
Assets
85948.21 69474.04 116375.42 87163.85 53954.06 45007.87 99679.80
2439.68
kegue Deeefmleeeb Total Assets

mesieceW
oseleeSb
Segment
Liabilities
Deveeyebefle
oseleeSb
Unallocated
Liabilities
]kegue oseleeSb
Total Liabilities
85065.70 65703.15 109558.74 84232.80 50793.70 42564.94 79972.48 70278.06 325390.62 260978.96
Segments
Particulars
jepemJe
Revenue
Deeefmleeeb
Assets
2359.42
358397.17 278316.70
33006.55 17337.74
358397.17 278316.70
Part B Geographic Segments
Yeeie - Ke : Yeewieesefueke mesieceW :
mesieceW
efJeJejCe
7411.52 355957.49 275957.28

Iejsuet
Domestic
Debleje&êre
International
kegue
Total
eeuet Je<e&
Current Yr
efheuee Je<e&
Prev. Yr
eeuet Je<e&
Current Yr
efheuee Je<e&
Prev. Yr
eeuet Je<e&
Current Yr
efheuee Je<e&
Prev. Yr
31.03.11
31.03.10
31.03.11
31.03.10
31.03.11
31.03.10
21743.87
17014.16
2951.23
2490.54
24695.10
19504.70
267629.47
210329.67
90767.70
67987.03
358397.17
278316.70
166
167
June 2, 2011 7:41 PM
2010 -11
Notes on Segment Reporting:
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.
2. mesieceW jepemJe yeee ieenkeeW mes HeeHle jepemJe kee HeefleefveefOelJe kejlee nw.
3. mesieceW HeefjCeece lee kejles mecee, yeQke ves efveefOe DeblejCe cetue efveOee&jCe
HeCeeueer kees DeHeveeee nw.
4. Heleske mesieceW kes efueS ueieeeer ieeer Hebtpeer mesieceW keer DeeefmleeeW kees
DevegHeeefleke DeeOeej Hej Deeyebefle kej oer ieeer nw.
5. Deve yeQefkebie heefjeeueveeW kes heefjCeece jepemJe leLee ueieeeer ieeer hetbpeer ceW
Debleje&êre heefjeeueveeW mes mebyebefOele Deebke[s Yeer Meeefceue nQ.
1. 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.
2. Segment revenue represents revenue from external
customers.
3. In determining the segment results, the funds transfer
price mechanism followed by the bank has been used.
4. Capital employed for each segment has been allocated
proportionate to the assets of the segment.
5. Results, Revenue and Capital Employed of Other
Banking operations include figures relating to
International Operations.
4. mebyebefOele heeea ekeerkejCe (SSme-18)
4.
mebyebefOele heeef&eeW kes veece SJeb yeQke kes meeLe Gvekes mebyebOe
Names of the Related Parties and their relationship with

the Bank:
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
Related Party Disclosures (AS 18)
(a) Subsidiaries:

i)
BOB Capital Markets Limited
ii)
BOB Cards Limited
iii)
The Nainital Bank Limited
iv)
Bank of Baroda (Botswana) Limited
v)
Bank of Baroda (Kenya) Limited
vi)
Bank of Baroda (Uganda) Limited
vii)
Bank of Baroda (Guyana) Inc.
viii) Bank of Baroda (UK) Limited
ix)
Bank of Baroda (Tanzania) Limited
x)

Baroda Capital Markets (Uganda) Limited.

(Subsidiary of Bank of Baroda Uganda Ltd.)
xi) BOB Trinidad & Tobago Ltd.
xii) Bank of Baroda (Ghana) Ltd.
xiii) Bank of Baroda (New Zealand) Ltd.
(b)
Associates:
(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
(vi)
Indo Zambia Bank Limited
(vii) Baroda Pioneer Asset Management Co. Ltd.
(c)
Joint Ventures
i)
India First Life Insurance Company Ltd.
ii)
167
168
2010 -11
(D) Key Management Personnel:
(Ie) ecegKe eyebOeve DeefOekeejer

S.No
veece
Designation
eer. Sce. [er ceuee
Current Year
21,87,200
eer Jeer. mevleevejeceve
YetlehetJe& keee&keejer efveosMeke
--
*18,74,019
18,37,145
*13,93,184
13,57,347
3,20,093
Shri M.D.Mallya
2
Ex-Executive Director

4
Previous Year
*23,30,494
Shri V.Santhanaraman
3
heeefjeefceke Remuneration
eeuet Je<e&
efheuee Je<e&
heoveece
Name
1
June 2, 2011 7:41 PM
Executive Director
Shri N.S.Srinath
Executive Director
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. eefle Mesej Depe&ve (SSme-20)
5.
* FmeceW "s Jesleve-Deeeesie keer yekeeee jeefMe leLee eeslmeenve jeefMe Meeefceue nw.
efJeJejCe
Particulars
kej kes yeeo Meg ueeYe (. kejes[ ceW)

Meseme& keer mebKee (Jess[)
eefle Mesej yegefveeeoer Je [eeuets[ Depe&ve
eefle Mesej Debefkele keercele
Net profit after tax (` In Crores)
eeuet Je<e&
Number of Shares (weighted)
efheuee Je<e&
Current Year
4241.68
Previous Year
3058.33
364490716
364266500
Basic & diluted earning per share
116.37
83.96
Nominal value per share
`10.00
`10.00
6. Deee kej keer ieCevee (SSme-22)

Earning Per Share (AS-20)
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.
6.

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:
31.03.2011
Deeefmleeeb
31.03.2010
oselee
Deeefmle
oselee
Asset
Liability
Asset
Liability
Deeue DeeefmleeeW hej Deeekej DeefOeefveece kes lenle Difference between book depreciation and
Depreciation under Income Tax Act on
yener cetueeme leLee cetueeme ceW Deblej
52.29
26.02
Deeekej DeefOeefveece, 1961 keer Oeeje 36(1)(viii) Deduction under section 36 (1) (viii) of the
Income-Tax Act, 1961
kes Devleie&le keewleer
234.47
heefjhekeJelee kes efueS Oeeefjle (SeerSce) eefleYetefleeeW Depreciation on HTM Securities

hej cetueeme
216.56
9.70
11.32
fixed assets
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
Provision for leave encashment
158.86
156.42
pees[
Total:
168.56
268.85
167.74
260.49
Meg DeemLeefiele kej oseleeSb
Net Deferred Tax Liabilitiy
100.29
92.75
168
169
June 2, 2011 7:41 PM

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.
8.

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.
9.
eeJeOeeve, Deekeefmceke oseleeSb leLee Deekeefmceke Deeefmleeeb (SSme-29)
7. Discontinuing operations (AS 24)

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 oseleeDeeW kes efueS eeJeOeeveeW kee mebeueve (Deve kes efueS eeJeOeeveeW
kees es[kej)
9.1 Movement of provisions for Liabilities (excluding

provisions for others)
efJeJejCe
cegkeoceW / DeekeefmcekeleeSb
Particulars
Legal Cases / contingencies
Current Year
Previous Year
1 Deewue 2010 kees Mes<e
Balance as on 1st April 2010
4.75
13.43
Je<e& kes oewjeve eoe
Provided during the year
3.95
-8.68
31 ceee& 2011 kees Mes<e
Balance as on 31st March 2011
8.70
4.75
DeeGHeuees/DeefveefMeleleeDeeW kee mecee
Timing of outflow / uncertainties
mesueceW /
efemueeFpesMeve hej
DeeGHeuees
mesueceW /
efemueeFpesMeve hej
DeeGHeuees
eeuet Je<e&
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

2010 -11
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.
efheuee Je<e&
Outflow on settlement/
crystallization
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
170
June 2, 2011 7:41 PM
2010 -11
3. 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.
4. efveJesMe
4.1 Yeejleere efjp] eJe& yeQke kes efoMee-efveoxMeeW kes Devegmeej Je<e& kes oewjeve yeQke
ves efyeeer kes efueS GHeueyOe esCeer ceW efJeeceeve mejkeejer Heelf eYetelf eeeW
(SmeSueDeej) kes Ske Yeeie kees HeefjHekeJelee leke Oeeefjle esCeer ceW Debleefjle
kej efoee nw. 75.80 keje[s HeS (iele Je<e& 3.25 keje[s HeS) kes HeefjCeeceer
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.
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
3.

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. Heefjmej
6.
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.
6.1 Execution of conveyance deeds is pending in respect of

certain properties at ` 88.63 Crores (Previous year`.65.30
Crores) (Original Cost).
6.2 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.
6.2 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).
6.3 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.
Premises-
6.2 Premises include assets under construction / acquisition

amounting to ` 43.77 Crores (Previous year ` 63.93
Crores).
7.
170
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.
171
June 2, 2011 7:41 PM

yee@ye SHe Sme Sue ves yeQke Dee@H] e 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.
8. Deve he#eere GlheeoeW keer ceekexefbie mes Deefpe&le Deee.
e. meb.
Sr. No
1
2
3
4
5
8.
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.
Income earned for marketing third party products
Deee kee mJehe
Nature of Income
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
For selling life insurance policies
jeefMe
Amount
23.42
For selling non life insurance policies
1.82
Equity broking product
0.82
Bancassurance business
2.48
9. 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)
efveJesMeeW kee eejefcYeke Mes<e

(heefjhekeJelee hej Oeeefjle)01.04.10
Je<e& kes oewjeve efyeeer/DevlejCe
Sale/ transfer during

the year
Addition
41827.96
8733.46
20458.87
pees[s ieS
SmepeerSue heece& ueeweves keer leejerKe
Sr.no.
Date of bouncing SGL form
Metve Nil
efveJesMeeW kee Deefvlece Mes<e

heefjhekeJelee hej Oeeefjle 31.03.11
efveJesMe esCeer kee yeepeej cetue

heefjhekeJelee hej Oeeefjle 31.03.11
53553.37
52836.96
Closing Bal. of
Investment
(HTM) 31.03.11
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.
11.50
For selling mutual fund projects
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)
Opening Bal. of investment

(HTM) 01.04.10
2010 -11
11. peneb DeeJeMeke mecePee ieee efheues Je<e& kes Deebke[s efjeghe/hegveJe&JeefmLele efkeS
ieS
Market value of
investment (HTM)
category 31.03.11
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)
jeefMe Amount
efhheefCeeeb Remarks
Metve Nil
Metve Nil
11. Previous year figures have been regrouped / rearranged

wherever considered necessary.
171
172
June 2, 2011 7:41 PM
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
31 ceee& 2011
31 ceee& 2010
kees meceeHle Je<e&
kees meceeHle Je<e&
(` in 000's
ke. Heefjeeueve keee&keueeHeebs mes vekeoer HeJeen :
A.
Year ended
31.03.2011
Year ended
31.03.2010
5650,32,10
4238,05,99
243,04,10
230,86,05
9,01,27
(380,73,81)
1050,59,74
955,45,89
Cash flow from operating activities:
kej mes HetJe& Meg ueeYe
Net Profit before taxes
efvecveef}efKele kes efueS meceeeespeve :
Adjustments for:
Dee} DeeefmleeeW Hej cetueeme
Depreciation on fixed assets
efveJesMeeW Hej cetue eme

(HeefjHekeJe $e+CeHe$eeW meefnle)
Depreciation on investments
(including on Matured debentures)
yes Keeles [e}s ieS DeMeesOe $e+Ce /

iewj efve<Heeoke DeeefmleeeW kes ef}S HeeJeOeeve
Bad debts written-off/Provision in

respect of non-performing assets
ceeveke DeeefmleeeW kes ef}S HeeJeOeeve
Provision for Standard Assets
223,85,32
106,62,62
Deve ceoeW kes ef}S HeeJeOeeve (efveJeue)
Provision for Other items (Net)
47,82,47
15,85,41
Dee} DeeefmleeeW keer efyeeer mes }eYe/(neefve)

(efveJeue)
Profit/(loss) on sale of fixed assets

(Net)
17,43
(5,29)
ieewCe $e+CeeW Hej yeepe nsleg Yegieleeve/HeeJeOeeve,

(De}ie mes ef}ee ieee)
Payment/provision for interest on

subordinated debt (treated separately)
846,16,11
559,31,58
Deveg<ebieer FkeeFeeW/Deve mes HeeHle }eYeebMe

(De}ie mes ef}ee ieee)
Dividend received from subsidiaries/

others (treated separately)
(28,46,80)
(29,18,85)
GHe-pees[
Sub total
8042,51,74
5696,19,59
efvecveef}efKele kes ef}S meceeeespeve :
Adjustments for:
efveJesMeeW ceW (Je=ef) /keceer
(Increase)/Decrease in investments
(9906,76,24)
(8290,01,68)
DeefieceeW ceW (Je=ef) /keceer
(Increase)/Decrease in advances
(54691,67,24)
(32739,33,64)
Deve DeeefmleeeW ceW (Je=ef) /keceer
(increase)/Decrease in other assets
(1856,38,43)
432,56,60
GOeej jeefMeeeW ceW Je=ef /(keceer)
Increase/(Decrease)in borrowings
6755,39,20
(823,20,12)
pecee jeefMeeeW ceW Je=ef / (keceer)
Increase/(Decrease) in deposits
64177,55,67
48647,31,25
Deve oseleeDeeW leLee HeeJeOeeveesb ceW Je=ef /(keceer)
Increase/(Decrease) in other liabilities

and provisions
689,60,16
(167,19,54)
Heoe Hele#e kej (efjHeb[ keer efveJeue jeefMe)
Direct taxes paid (Net of Refund)
(1431,43,54)
(1503,87,71)
Heefjee}ve keee&keueeHeeW mes Meg vekeoer (ke)
Net cash from operating activities (A)
11778,81,32
11252,44,75
172
173
June 2, 2011 7:41 PM
2010 -11
31 ceee& 2011
31 ceee& 2010
kees meceeHle Je<e&
kees meceeHle Je<e&
(` in 000's
Ke. efveJesMe mebyebOeer keee&keueeHeeWW mes vekeoer HeJeen
B.
Year ended
31.03.2010
(358,31,45)
(338,71,14)
20,59,31
40,25,30
(180,50,58)
(65,74,47)
28,46,80
29,18,85
(489,75,92)
(335,01,46)
27,27,96
Cash flow from investing activities:
Deeue DeeefmleeeW keer Kejero
Purchase of / Transfer in fixed assets
Deeue DeeefmleeeW keer efyeeer
Sale/Transfer out of fixed assets
JeeHeej mebyebOeer efveJesMeeW ceW HeefjJele&ve

(Deveg<ebieer SJeb Deve)
Changes in Trade related investments

(Subsidiaries & others)
Deveg<ebieer FkeeFeeW/DeveeW mes HeeHle }eYeebMe
Dividend received from subsidiaries/

others
efveJesMe mebyebOeer keee&keueeHeeW mes Meg vekeoer (Ke)
Net cash used in investing activities (B)
ie. efJeeHees<eCe mebyebOeer ieefleefJeefOeeeW mes vekeoer HeJeen : C.
Year ended
31.03.2011
Cash flow from financing activities:
Mesej hetBpeer
Share Capital
Mesej Heerefceece
Share premium
2433,72,03
iewj peceeveleer ieewCe yeeb[
Unsecured Subordinated Bonds
2202,37,78
1405,37,98
ueeYeebMe kej meefnle eoe ueeYeebMe
Dividend paid including dividend tax
(639,26,04)
(383,55,63)
iewj peceeveleer ieewCe yeeb[eW

hej eoe / ose yeepe
Interest paid / payable on unsecured

subordinated bonds
(846,16,11)
(559,31,58)
efJeeHees<eCe ieefleefJeefOeeeW mes Meg vekeoer (ie)
Net cash from financing activities (C)
3177,95,62
462,50,77
vekeoer SJeb vekeoer mecelegue

ceW Meg Je=ef (ke)+(Ke)+(ie)
Net increase in cash & cash

equivalents (A)+(B)+(C)
14467,01,02
11379,94,06
Je<e& kes eejbYe ceW vekeoer Je vekeoer mecelegue
Cash and cash equivalents as at the

beginning of the year
35467,05,76
24087,11,70
Je<e& kes Deble ceW vekeoer Je vekeoer mecelegue

end of the year
49934,06,78
35467,05,76
3/31/2011
3/31/2010
efhheCeer:
Notes:
1.
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
2.
Cash & Cash equivalents includes

Cash on hand, Balance with RBI &
Other banks and Money at call and
Short Notice.
Components of Cash & Cash
Equivalents
vekeoer SJeb Yeejleere efj]peJe& yeQke kes heeme yewueWme
Cash & Balance with RBI
198681789
135399691
yeQkeeW kes heeme yewueWme Deewj ceebie SJeb Deuhe metevee

hej Oeve
Balances with Banks and Money at Call

and Short Notice
300658889
219270885
kegue
Total
499340678
354670576
173
174
June 2, 2011 7:41 PM
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$eCe, keeee&vJeeve SJeb
hejsKee meefcceefuele nw Deewj FveceW, peeuemeepeer ee Yetue keer Jepen mes keesF&
GuuesKeveere ieueleer veneR nw.
uesKee hejer#ekeeW kee oeefelJe
3. nceeje oeefelJe Deheveer uesKee hejer#ee hej DeeOeeefjle Fve efJeeere efJeJejefCeeeW hej
Deheveer jee Jee kejvee nw. nceves Yeejleere meveoer uesKeekeej mebmLeeve eje
peejer uesKee hejer#ee ceevekeeW kes Devegmeej uesKee hejer#ee keer nw. Fve ceevekeeW keer
Dehes#ee nw efke nce veweflekelee kee efveJee&n kejles ngS uesKee hejer#ee keee& megefveeesefpele
SJeb megJeJeefmLele he ceW Fme ekeej mecheVe kejW efke nceW en leeefke&ke DeeMJeemeve
efceues efke es efJeeere efJeJejefCeeeb efkemeer Yeer ekeej keer GuuesKeveere / ecegKe
ieueefleeeW mes cege nw.
4. uesKee hejer#ee ceW jeefMeeeW kes mee#eeW SJeb ekeerkejCe keer peebe nsleg efJeeere
efJeJejefCeeeW ceW oer ieF& efve<heeove eefeee kes Deveghe keee&Jeener Meeefceue nw. eeefvele
eefeee (efJeefOe) uesKee hejer#eke kes efJeJeske hej efveYe&j nw, FmeceW efJeeere efJeJejefCeeeW
ceW GuuesKeveere ieueefleeeW kes peeseKf ece Yeues ner Jen peeuemeepeer ee Yetue keer Jepen mes
neW, kee cetueebkeve / Deekeueve kejvee Meeefceue nw. Fve peeseKf eceeW kee cetueebkeve kejles
mecee uesKee hejer#eke Fve efJeeere efJeJejefCeeeW keer Gheege emlegelf e nsleg kebheveer kes
mecye Deebleefjke efveeb$eCeeW kee DeJeueeskeve kejlee nw leeefke heefjefmLeefle Devegmeej
Gheege uesKee hejer#ee eefeee efveOee&ejf le (lee) keer pee mekes. uesKee hejer#ee ceW
eyebOeve eje efkeS ieS cenlJehetCe& Devegceeve leLee eege uesKeebkeve veerelf eeeW keer
Gheegelee kee cetueebkeve Deewj efJeeere efJeJejefCeeeW keer mecee emlegelf e kee Deekeueve
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 efjp] eJe& 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
175
June 2, 2011 7:41 PM
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.

meveoer uesKeekeej
(Deeefole kegceej)

meveoer uesKeekeej
(mebpeerJe kehetj)

meveoer uesKeekeej
(heer. kes. mejkeej)

FRN: 000497H
(Aditya Kumar)
Partner
M. No. 506955

FRN: 000745C
(Sanjiv Kapoor)
Partner
M. No. 70487

FRN: 302081E
(P. K. Sarkar)
Partner
M. No. 660543

meveoer uesKeekeej
(jekesMe je"er)

meveoer uesKeekeej
(ieewlece Meen)

meveoer uesKeekeej

FRN: 103523W
(Rakesh Rathi)
Partner
M. No. 045228

FRN: 105146W
(Gautam Shah)
Partner
M No.117348
For Brahmayya & Co.

FRN: 000511S
(K. Jitendra Kumar)
Partner
M No.201825

175
Daya\E:\BOB A.R.2011 Ordinary#159\Consolidated.indd
176
June 9, 2011 7:35 PM
2010 -11
31 ceee& 2011 kee mecesefkele legueve-he$e
Consolidated Balance Sheet as on 31st March 2011

(000 Devebefkele
Devegmeteer
SCHEDULE
omitted)
31 ceee& 2011 kees 31 ceee& 2010 kees
As on
As on
31st Mar, 2011 31st Mar, 2010
`
`
Hetbpeer Deewj oseleeSb
CAPITAL & LIABILITIES
Hetbpeer
Capital
392,80,73
365,52,77
Reserves & Surplus
21379,55,21
15349,06,23
ceeeveesefjer Fvjsm
Minority Interest
72,90,64
59,42,00
peceejeefMeeeb
Deposits
311603,24,89
245951,14,55
GOeej ueer ieF& jeefMeeeb
Borrowings
22378,32,96
13404,27,07
Other Liabilities & Provisions
10386,92,14
9147,33,89
pees[
TOTAL
366213,76,57
284276,76,51
Deeefmleeeb
ASSETS
Yeejleere efj]peJe& yeQke kes Heeme

vekeoer Deewj Mes<e jkece
Cash and balances with Reserve

Bank of India
20394,41,61
14076,06,77
yeQkeesb kes Heeme Mes<e jkece leLee ceebie SJeb

Balances with Banks and Money at

Call and Short Notice
31029,31,11
22493,41,15
efveJesMe
Investments
74018,45,75
63163,27,03
$e+Ce SJeb Deefece
Loans & Advances
232085,11,12
177711,89,75
Deeue Deeefmleeeb
Fixed Assets
10
2383,19,95
2369,38,69
Deve Deeefmleeeb
Other Assets
11
6303,27,03
4462,73,12
pees[
TOTAL
366213,76,57
284276,76,51
Contingent Liabilities
127562,35,80
88221,17,28
Jemet}er kes efueS efyeue
Bills for Collection
18986,68,46
18267,18,04
cenlJehetCe& uesKee-veerefleeebb
18
Notes on Accounts
19
2A
12
THej oMee&eer ieeer Devegmetefeeeb legueve-He$e kee Ske DeefYevve Yeeie nQ.
The Schedules referred to above form an integral part of the Balance Sheet.
eer Sce.[er.ceuee
eer Deej. kes. ye#eer


eer Jeer.kes.iegHlee
ceneHeyebOeke
keeHeex.Keeles, kejeOeeve SJeb
DevegHeeueve DeefOekeejer-Yee.efj.yeQ
eer yeer. oeeue
meneeke ceneHeyebOeke
keeHeex.Keeles, SJeb kejeOeeve)
mLeeve : cegbyeF&,
efoveebke : 27.05.2011
efveosMeke
eer Deej. ieebOeer
eer Depee ceeLegj
[e@. cemej&le Meeefno
eer. mele osJe ef$ehee"er
uesKee Hejer#eke
mece leejerKe keer nceejer mebueive he=Leke efjhees& kes Devegmeej
ke=les Sve. meer. ye@vepeea SC[ keb.
meveoer uesKeekeej
meveoer uesKeekeej
meveoer uesKeekeej
SheDeejSve : 000497 Sve
SheDeejSve : 000745 meer
SheDeejSve : 302081 F
(mebpeerJe kehetj)
(yeer. kes. efyeMJeeme)
Yeeieeroej
Yeeieeroej
Yeeieeroej
Sce.veb. 084205
Sce.veb. 70487
Sce.veb. 055623
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
176
177
June 9, 2011 7:35 PM
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
Devegmeteer
SCHEDULE
(000 Devebefkele omitted)

31 ceee& 2011 kees 31 ceee& 2010 kees
meceehle Je<e& kes efueS meceehle Je<e& kes efueS
Year ended
Year ended
31st Mar 2011 31st Mar 2010
`
`
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.
I. INCOME
Interest Earned
Other Income
TOTAL
II. EXPENDITURE
Interest Expended
Operating Expenses
Provisions and Contingencies
TOTAL
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
hetpb eer eejef#ele efveefOeeeW ceW DevlejCe
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
Heelf eMesej Deee (yesemf eke Je [eeuet[s )

Earnings per Share (Basic & Diluted)
cenlJehetCe& uesKee-veerefleeebb
Notes on Accounts
THej oMee&F& ieF& Devetmetefeeeb ueeYe SJeb neefve uesKes kee ner Ske Yeeie nQ
13
22513,30,54
17234,81,86
14
3287,10,02
25800,40,56
2965,29,65
20200,11,51
15
16
13349,59,66
4850,58,58
3181,02,18
21381,20,42
11023,33,76
3981,60,83
2045,37,64
17050,32,23
4419,20,14
3149,79,28
34,71,81
4453,91,95
42,64,52
3192,43,80
20,21,24
4433,70,71
13,13,88
3179,29,92
82,20,34
70,57,36
4515,91,05
3249,87,28
1072,74,87
20,99,56
340,39,87
2189,75,35
753,35,20
138,66,20
777,70,58
126,58,95
270,00,00
1345,23,81
648,13,60
82,20,34
4515,91,05
3249,87,28
121.64
87.28
17
18
19
The Schedules referred to above form an integral part of the Profit & Loss Account.
Shri M. D. Mallya
Shri R. K. Bakshi
Executive Director
Shri N. S. Srinath
Executive Director
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
Directors
Shri Alok Nigam
Shri R. Gandhi
Shri V. B. Chavan
Shri Ajay Mathur
Dr. Masarrat Shahid
Shri Deepak B. Phatak
Auditors
As per our separate report of even date attached
FRN:000497N

FRN:000745C

FRN:302081E
(Sanjeev Narayan)
Partner
M.No.084205
(Sanjiv Kapoor)
Partner
M.No.70487
(B. K. Biswas)
Partner
M.No.055623

FRN:103523W
For Khimji Kunverji & Co.

FRN:105146W
For Brahmayya & Co.

FRN:000511S
(Rakesh Rathi)
Partner
M.No.045228
(Gautam Shah)
Partner
M.No.117348
(K. Jitendra Kumar)

Partner
M.No.201825
177
178
June 9, 2011 7:35 PM
2010 -11
mecesefkele legueve-he$e keer Devegmetefeeeb
Schedules to Consolidated Balance Sheet

(000 Devebefkele
31 ceee&, 2011 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) -
SCHEDULE - 1 CAPITAL
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
CALLED UP CAPITAL
Add: Forfeited Shares
31 ceee&, 2010 kees
As on 31st March 2011

`
`

`
`
3000,00,00
3000,00,00
394,27,96
367,00,00
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)
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.
omitted)
391,54,61
1,26,12
TOTAL
364,26,65
392,80,73
1,26,12
392,80,73
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
3609,50,54
2831,52,56
1072,74,87
777,70,58
(1,72,65)
4680,52,76
(2,740)
3609,50,54
ii a) Capital Reserves
Opening Balance
Add/(Less): Transfer from
P&L Accounts
during the year
2106,90,80
2092,99,56
20,99,56
126,58,95
(40,30,86)
2087,59,50
112,67,71
2106,90,80
b) Capital Reserve on
Consolidation
Opening Balance
44,81,60
Add: Adjustments during

the year
10,40,09
37,38,23
55,21,69
7,43,37
44,81,60
iii Share Premium

Opening Balance
2331,08,56
during the year
2433,72,03
178
2273,88,56
4764,80,59
57,20,00
2331,08,56
179
June 9, 2011 7:35 PM
2010 -11
(000 Devebefkele
31 ceee&, 2011 kees

`
`
iv jepemJe SJeb Deve Heejef#ele efveefOeeeb
iv Revenue & Other Reserves
ke. Oeeje 36 (1) (viii) kes lenle efJeMes<e

eejef#ele efveefOeeeb
a. Special Reserves u/s 36 (1)

(viii)
eejbefYeke Mes<e
Opening Balance
690,00,00
pees[W/(IeeSb) : Je<e& kes oewjeve efkeS ieS Add/(Less): Adjustments

during the year
meceeeespeve
340,39,87
31 ceee&, 2010 kees

`
`
420,00,00
1030,39,87
270,00,00
Ke. heeblejCe eejef#ele efveefOeeeb
b. Translation Reserves
ie. jepemJe Heejef#ele efveefOeeeb
c. Revenue Reserves
eejbefYeke Mes<e
Opening Balance
6501,35,62
5188,62,68
Add: Transfer from P&L

Accounts
2189,75,35
1345,23,81
pees[W/(IeeSb): Je<e& kes oewjeve efkeS ieS

meceeeespeve
during the year
(26,72,95)
v ueeYe/neefve Keeles ceW Mes<e
v Balance in Profit & Loss Account
kegue Heejef#ele efveefOeeeb Deewj DeefOeMes<e (i mes v)
Total Reserves & Surplus (I to v)
Devegmeteer - 2 S- ceeFveesefjer yeepe
SCHEDULE - 2A- Minority

Interest
HeejbefYeke Mes<e
Opening Balance
59,42,00
pees[W / (IeeSb): Je<e& kes oewjeve efkeS ieS

meceeeespeve
Add/(Less): Adjustments during

the year
13,48,64
kegue ceeFveesefjer yeepe
Total Minorities Interest
Devegmeteer - 3 pecee jeefMeeeb
SCHEDULE - 3 DEPOSITS
ke. I ceebie pecee jeefMeeeb
A. I Demand Deposits
i) yewkeeW mes
i) From Banks
ii) DeveeW mes
ii) From Others
II yeele yeQke pecee jeefMeeeb
II Savings Bank Deposits
III ceereeoer pecee jeefMeeeb
III Term Deposits
i) yeQkeeW mes
i) From Banks
ii) DeveeW mes
ii) From Others
pees[ (I, II SJeb III)
TOTAL (I,II and III)
Ke. I Yeejle ceW MeeKeeDeeW keer peceejeefMeeeb
B. I Deposits of branches in
India
II Yeejle mes yeenj MeeKeeDeeW keer

pecee jeefMeeeb
II Deposits of branches
outside India
pees[ (I SJeb II)
TOTAL (I & II)
pees[s : ueeYe Deewj neefve Keeles mes DeblejCe
omitted)
(42,03,42)
8664,38,02
690,00,00
(16,81,23)
32,50,87
6501,35,62
138,66,20
82,20,34
21379,55,21
15349,06,23
46,42,54
72,90,64
12,99,46
72,90,64
804,90,86
59,42,00
59,42,00
1034,65,68
22892,11,07 23697,01,93
18330,70,59 19365,36,27
66096,09,52
53972,01,17
41191,23,59
32764,61,49
180618,89,85 221810,13,44 139849,15,62 172613,77,11

311603,24,89
179
245951,14,55
235899,75,53
187294,39,52
75703,49,36
58656,75,03
311603,24,89
245951,14,55
180
June 9, 2011 7:35 PM
2010 -11
(000 Devebefkele
31 ceee&, 2011 kees
Devegmeteer - 4 GOeej jeefMeeeb
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
GOeej jeefMeeeb
Devegmeteer - 5
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))
TOTAL (I & II)

Secured Borrowings included in I
& II above
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

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
31 ceee&, 2010 kees

`
`

`
`
350,00,00
135,58,87
432,30,75
1911,70,00
7490,00,00 10319,59,62
108,62,43
348,99,23
1200,20,00
5990,00,00 7647,81,66
12058,73,34
22378,32,96
5756,45,41
13404,27,07
71,56,24
140,97,47
1684,10,55
2144,85,88
102,19,24
1494,03,22
1753,76,54
53,60,59
97,63,35
6455,76,47
10386,92,14
5748,30,19
9147,33,89
1411,28,67
1220,27,94
i) eeuet Keeles ceW

ii) Deve KeeleeW ceW
of India :
i) in Current Account
ii) in Other Accounts
pees[ (I SJeb II)

Devegmeteer - 7
yeQke kes heeme Mes<e Deewj ceebie SJeb
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
180
omitted)
18870,42,81
12554,82,81
112,70,13 18983,12,94
300,96,02 12855,78,83
14076,06,77
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
181
June 9, 2011 7:35 PM
2010 -11
(000 Devebefkele
31 ceee&, 2011 kees

`
`
Devegmeteer - 8
efveJesMe
I Yeejle ceW efvecve ceW efveJesMe
i) mejkeejer HeefleYetefleeeb
ii) Deve Devegceesefole HeefleYetefleeeb
iii) Mesej
iv) ef[yeWej SJeb yeeb[
v) meneesieer FkeeFeeW ceW efveJesMe
(FmeceW #es$eere ieeceerCe yeQkeeW keer
Mesej Hetbpeer kes He ceW yeQke kee Deefiece
DebMeoeve `94.62 kejes[. (efHeues Je<e&
`101.27 kejes[) Meeefceue nw pees
Deeyebve nsleg ueefcyele nQ.
vi) Deve
omitted)
31 ceee&, 2010 kees

`
`
SCHEDULE - 8
INVESTMENTS
I Investments in India in
i) Govt Securities
59956,33,31
ii) Other Approved Securities
50068,23,33
629,66,51
866,33,95
iii) Shares
1532,77,66
1279,30,39
iv) Debentures and Bonds
2576,93,08
2448,82,13
279,65,93
247,91,32
3667,93,24
3283,56,35
v) Investment in Associates
[includes Banks share of
contribution as advance
of `94.62 crores (Previous
Year `101.27 crores)
towards Share Capital of
RRBs pending allotment]
vi) Others
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
IeeSb: cetueeme nsleg HeeJeOeeveeW kee
pees[
Meg efveJesMe
IV Yeejle mes yeenj efveJesMe
IeeSb: cetueeme nsleg HeeJeOeeveeW kee pees[
Total (i to vi)
Meg efveJesMe
Net Investments
68643,29,73
58194,17,47
II Investments Outside India in

i) Govt Securities (incl. Local
authorities)
ii) Investment in Associates
iii) Others
3039,45,12
2611,91,70
37,61,68
34,82,51
2298,09,22
2322,35,35
Total (i to iii)
Grand Total (I & II)
5375,16,02
4969,09,56
74018,45,75
63163,27,03
III Investments in India

Gross value of Investments
Less: Aggregate of Provisions
for Depreciation
Net Investments
68984,72,53
58545,59,46
341,42,80
351,41,99
68643,29,73
58194,17,47
5518,37,19
5146,83,18
143,21,17
177,73,62
IV Investments outside India

Gross value of Investments
Less: Aggregate of Provisions
for Depreciation
5375,16,02 74018,45,75
181
4969,09,56 63163,27,03
182
June 9, 2011 7:35 PM
2010 -11
(000 Devebefkele
31 ceee&, 2011 kees
Devegmeteer - 9 Deefiece
ke. i) Kejeros Deewj YegveeS ieS efyeue
omitted)
31 ceee&, 2010 kees

`
`

`
`
29699,84,56
19287,74,91
99592,12,58
81096,04,69
102793,13,98
77328,10,15
232085,11,12
177711,89,75
SCHEDULE - 9 ADVANCES
A. i) Bills Purchased and
Discounted
ii) vekeoer $e+Ce, DeesJej [êHe Deewj ceebie ii) Cash Credits, Overdrafts
and Loans Repayable on
Hej egkeewleer eesie $e+Ce
Demand
iii) Term Loans
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)
148950,49,26
111760,05,22
ii) yewkeeW/mejkeejer ieejbefeeW eje jef#ele
ii) Covered by Bank/

Government Guarantees
33917,86,55
23106,12,66
iii) iewj-peceeveleer
iii) Unsecured
49216,75,31
42845,71,87
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)
Total (i to iii)
177711,89,75
232085,11,12
C. I Advances in India
i Priority Sector
55715,64,27
46792,30,72
ii Public Sector
22996,88,61
18543,24,20
561,97,67
12,05,70
iii Banks
iv Others
91754,54,20 171029,04,75 67654,51,77 133002,12,39
II Advances Outside India

i Due from Banks
52,85,86
150,98,34
a) Bills purchased &

Discounted
25859,61,44
16433,91,79
b) Syndicated Loans
9532,22,74
7727,83,20
ii Due from Others
c) Others
25611,36,33 61056,06,37 20397,04,03 44709,77,36

232085,11,12
177711,89,75
Total (C.I +C.II)
182
183
June 9, 2011 7:35 PM
2010 -11
(000 Devebefkele
31 ceee&, 2011 kees

`
`
Devegmeteer-10
SCHEDULE - 10
Deeue Deeefmleeeb
FIXED ASSETS
I Heefjmej
I Premises
efJeiele Je<e& kes 31 ceee& keer ueeiele Hej
At cost as on 31st March of

the preceding year
Je<e& kes oewjeve HeefjJeOe&ve / meceeeespeve
Additions/Adjustments during
the year
IeeSb : Je<e& kes oewjeve keewefleeeb
Less : Deductions during the

year
Deeleve leejerKe kees cetueeme
Depreciation to date
II Deve Deeue Deeefmleeeb
II Other Fixed Assets (including

Furniture & Fixtures) :
efJeiele Je<e& kes 31 ceee& keer ueeiele hej
At cost as on 31st March of

the preceding year
Je<e& kes oewjeve HeefjJeOe&ve / meceeeespeve
Additions/Adjustments during
the year
(Heveeaej SJeb efHekemeej meefnle)
Je<e& kes oewjeve keewefleeeb

Deeleve leejerKe leke cetueeme
II ke. hes Hej oer ieF& Deeefmleeeb
Deductions during the year
31 ceee&, 2010 kees

`
`
2486,69,96
2459,25,46
45,56,20
28,47,29
2532,26,16
2487,72,75
2,14,43
1,02,79
2530,11,73
2486,69,96
722,78,38 1807,33,35
617,65,41 1869,04,55
1907,87,23
1611,65,90
327,62,69
338,15,41
2235,49,92
1949,81,31
68,38,72
41,94,08
2167,11,20
1907,87,23
1596,03,73
571,07,47
omitted)
1411,26,20
496,61,03
II A Leased Assets
ueeiele Hej
At cost
Je<e& kes oewjeve heefjJeOe&ve / meceeeespeve
Additions/Adjustments
during the year
Je<e& kes oewjeve keew ef leeeb eeJeOeeveeW Deductions during the year
incl. Provisions
meefnle.
legueve-he$e keer leejerKe leke cetueeme
pees[ (I, I ke, II SJeb II ke)
Total (I, II and IIA)
17,73,91
13,95,89
2,87,72
3,78,02
20,61,63
17,73,91
1,27,46
19,34,17
17,73,91
14,55,04
4,79,13
2383,19,95
183
14,00,80
3,73,11
2369,38,69
184
June 9, 2011 7:35 PM
2010 -11
(000 Devebefkele
31 ceee&, 2011 kees
Devegmeteer - 11
SCHEDULE - 11
Deve Deeefmleeeb
OTHER ASSETS
I Deblej keeee&uee meceeeespeve (Meg)
I Inter-Office Adjustments (Net)
I GHeefele yeepe
I Interest Accrued
omitted)
31 ceee&, 2010 kees

`
`

`
`
233,13,53
2471,06,84
1692,32,63
1330,79,71
1318,96,94
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
7,45,91
7,58,41
IV DeemLeefiele kej Deeefmleeeb
IV Deferred Tax assets
6,24,49
4,18,93
V Deve
V Others
2254,56,55
1439,66,21
Total (I to V)
6303,27,03
4462,73,12
238,22,64
258,22,57
28,00
75,04,43
78454,09,29
56110,35,49
pees[ (I mes V)
Devegmeteer - 12
SCHEDULE - 12
CONTINGENT LIABILITIES
I oeJes efpevnW $e+Ce vener ceevee ieee
I Claims not acknowledged as

debts
II DeebefMeke egkelee efveJesMeeW kes efueS oselee
II Liability for partly paid

Investments
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 :
ke) Yeejle ceW
a) In India
Ke) Yeejle mes yeenj
b) Outside India
V mJeerke=efleeeb, Hejebkeve Deewj Deve oeefelJe
11798,07,99
8767,73,80
7904,98,74 19703,06,73
4953,62,66 13721,36,46
V Acceptances, Endorsements
and Other Obligations
15017,44,01
9804,60,16
VI Deekeefmceke oselee keer Deve ceoW
VI Other items of contingent

liability
14149,25,13
8251,58,17
pees[ (I mes VI)
Total ( I to VI)
127562,35,80
88221,17,28
184
185
June 9, 2011 7:35 PM
2010 -11
mecesefkele ueeYe Je neefve uesKes keer Devegmetefeeeb
Schedules to Consolidated Profit & Loss Account

(000 Devebefkele
31 ceee&, 2011 kees
meceehle Je<e&
omitted)
31 ceee&, 2010 kees

meceehle Je<e&

`
`

`
`
16570,46,06
12838,11,24
5006,87,91
3841,18,52
Devegmeteer - 13
Deefpe&le yeepe SJeb ueeYeebMe
SCHEDULE - 13
INTEREST AND DIVIDENDS
EARNED
I DeefieceeW/efyeueeW Hej yeepe/yee
I Interest/Discount on Advances/
Bills
II efveJesMe Hej Deee
II Income on Investments
III Yeejleere efjpeJe& yeQke Mes<e Deewj Deve
III Interest on Balances with

Reserve Bank of India and
other Inter-Bank Funds
499,84,13
474,73,57
IV Deve
IV Others
436,12,44
80,78,53
pees[ (I mes IV)
TOTAL Total ( I to IV)
22513,30,54
17234,81,86
Devegmeteer - 14
Deve Deee
SCHEDULE - 14
OTHER INCOME
I keceerMeve, efJeefvecee SJeb oueeueer
I Commission, Exchange and

Brokerage
1063,56,69
946,83,10
II Yetefce, YeJeve Deewj Deve DeeefmleeeW keer
II Profit / (Loss) on sale of Land,

Buildings and Other Assets (Net)
(1,267)
8,27
III efJeefvecee uesve-osve Hej ueeYe (Meg)
III Profit on Exchange

Transactions (Net)
530,23,17
371,51,26
IV efveJesMe keer efyeeer Hej ueeYe (Meg)
IV Profit on sale of Investments

(Net)
475,16,82
731,04,96
2,43,55
(116,97)
Devlej yeQke efveefOeeeW kes Mes<e hej yeepe
efyeeer Hej ueeYe/(neefve) (Meg)
V efveJesMeeW kes Hegvecet&uebekeve Hej ueeYe/(neefve) V Profit / (Loss) on revaluation of

Investments (Net)
(Meg)
V efJeefJeOe Deee
V Miscellaneous Income
1215,82,46
916,99,03
pees[ (I mes V)
TOTAL Total ( I to V)
3287,10,02
2965,29,65
Devegmeteer - 15
yeepe Jee
SCHEDULE - 15
INTEREST EXPENDED
I pecee jeefMeeeW Hej yeepe
I Interest on Deposits
12161,40,49
10157,64,00
II Yeejleere efjpeJe& yeQke/ Devlej yeQke GOeej
II Interest on Reserve Bank of

India/Inter-Bank Borrowings
348,15,21
176,05,24
III Deve
III Others
840,03,96
689,64,52
pees[ (I mes III)
TOTAL Total ( I to III)
13349,59,66
11023,33,76
jeefMeeeW Hej yeepe
185
186
June 9, 2011 7:35 PM
2010 -11
(000 Devebefkele
31 ceee&, 2011 kees
meceehle Je<e&
omitted)
31 ceee&, 2010 kees

meceehle Je<e&

`
`

`
`
3018,45,77
2426,34,43
379,52,50
320,26,25
Devegmeteer - 16
Heefjeeueve Jee
SCHEDULE - 16
OPERATING EXPENSES
I kece&eeefjeeW kees Yegieleeve SJeb Gvekes efueS

HeeJeOeeve
II efkejeee, kej SJeb efJeegle
II Rent, Taxes and Lighting
III cegCe SJeb msMevejer
III Printing and Stationery
36,12,76
30,93,30
IV efJe%eeHeve SJeb Heeej
IV Advertisement and Publicity
71,22,40
57,93,65
V ke) Heeke=le DeeefmleeeW kes DeueeJee yeQke
V a) Depreciation on Banks
Property other than Leased
Assets
keer mebHeefeeeW Hej cetueeme
Payments to and Provisions

for Employees
Ke) Heeke=le DeeefmleeeW Hej cetueeme
b) Depreciation on Leased
Assets
VI efveosMekeeW keer Heerme, Yees SJeb Jee
VI Directors Fees, Allowances

and Expenses
VII uesKee Hejer#ekeeW keer Heerme SJeb Jee
259.16.14
5,424
241,56,82
259,70,38
1,17,73
242,74,55
1,62,57
2,15,82
VII Auditors Fees and Expenses

(including Branch Auditors
Fees and Expenses)
40,31,62
38,48,24
VIII efJeefOe HeYeej
VIII Law Charges
21,05,36
18,78,13
IX [eke Jee, leej SJeb otjYee<e Deeefo
IX Postages, Telegrams,
Telephones etc.
93,00,71
81,28,97
X cejccele SJeb jKe jKeeJe
X Repairs and Maintenance
116,26,99
123,89,20
XI yeercee
XI Insurance
235,88,94
184,53,30
XII Deve Jee
XII Other Expenditure
577,38,58
454,24,99
pees[ (I mes XII)
TOTAL (I to XII)
4850,58,58
3981,60,83
Devegmeteer - 17
meneesieer FkeeFeeW ceW
Deee kee DebMe
SCHEDULE - 17
SHARE OF EARNINGS IN
ASSOCIATES
I DeejDeejyeer
I RRBs
39,28,41
43,26,66
II Deve
II Others
(45,660)
(6,214)
pees[ (I Deewj II)
Total (I & II)
34,71,81
42,64,52
(MeeKee uesKee-Hejer#ekeeW keer Heerme SJeb

Jee meefnle)
186
187
June 9, 2011 7:35 PM
2010 -11
Devegmeteer 18: 31 ceee& 2011 kees meceehle Je<e& kes efueS mecesekf ele efJeeere efJeJejefCeeeW keer cenlJehetCe& uesKeebkeve veerelf eeeb
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 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.
1.1 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.
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 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.
2. meceskeve Heefeee
2.
2.1 mecetn keer mecesefkele efJeeere efJeJejefCeeeb efvecveefueefKele kes DeeOeej hej leweej
keer ieF& nQ :
a. Audited accounts of Bank of Baroda (Parent).
b. 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).
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.
2.4 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.
Basis of Preparation of Consolidated

Financial Statements
Consolidation Procedure
2.1 CFS of the group have been prepared on the basis of :
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.
2.3 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.
2.4 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.
2.5 mecesefkele efJeeere efJeJejefCeeeW kes ceeFveesefjer Fvjsm ceW Deveg<ebefieeeW keer Meg
FefkeJeer/ueeYe ceW ceeFveesefjer MesejOeejkeeW kes DebMe meceeefnle nw.
2.5 Minority interest in the CFS consists of the share of the

minority shareholders in the net equity / profit of the
subsidiaries.
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.
2.6 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.
187
188
June 9, 2011 7:35 PM
2010 -11
3. efJeosMeer cege mebJeJenej
3.
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.
3.1 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.
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.
3.2 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.
3.3 Skeerke=le HeefjeeueveeW kes mebyebOe ceW mebJeJenej
3.3 Translation in respect of Integral Operations:
(ke) mebJeJenejeW kees HeeLeefceke leewj Hej Hes[eF& eje metefele keer ieF& Deewmele
meeHleeefnke ojeW Hej efjkee[& ieee nw.
a) The transactions are initially recorded on weekly

average rate as advised by FEDAI.
(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.
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.
(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.
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
included in the profit & Loss A/c.
(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 ês [f ib e kes efueS heeefjle efJeosMeer cege
mhee@ SJeb Jeeeoe meehes#e oseleeDeeW kees eceMe: heb[eF& eje DeefOemetef ele
meceeefhle mhee@ SJeb JeeeoeojeW hej leLee Debleefjce heefjhekeJelee Jeeueer mebeJf eoeDeeW
kees Fbjheesues[s ojeW hej hegvece&et uf ele efkeee ieee nw.
(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.
Foreign Currency Transactions
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.
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.
c) Income and Expense are translated at quarterly

average rate notified by FEDAI at the end of each
quarter.
d) 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.
188
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June 9, 2011 7:35 PM
2010 -11
4. efveJesMe
4. Investments
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
4.1 Classification
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.
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.
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.
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.
#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.
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.
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
4.3 DeefOeenCe ueeiele
4.3 Acquisition Cost
efveJesMeeW kes DeefOeenCe keer ueeiele-eeslmeenveeW, eb SC[ heerme SJeb keceerMeve

kee kegue eesie nw.
Cost of Acquisition of Investments is net of incentives,

front-end fees and commission.
4.4 efveJesMeeW kee efvemleejCe
4.4 Disposal of Investment
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.
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.
SSheSme/SeSheer esCeer kes efveJesMeeW keer efyeeer hej ngF& ueeYe/neefve kees ueeYe
SJeb neefve Keeles ceW efueee ieee nw.
Profit /loss on sale of Investment in AFS/HFT category

is recognized in Profit & loss account.
4.5 cetueebkeve
4.5 Valuation
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
189
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
190
June 9, 2011 7:35 PM
2010 -11
disclosed in the Balance Sheet is recognized in the

Profit and Loss Account, while the net appreciation, if
any, is ignored.
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.
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.
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.
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: -
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 Heelf eHeue kes DeeOeej Hej
Heelf eYetelf eeeb
Ke. FefkeJeer Mesej,
HeerSmeet SJeb ^mer
Mesej
- Deeleve legueveHe$e (12 ceen mes DeefOeke
ie. DeefOeceeve Mesej
- HeefjHekeJelee HeefleHeue kes DeeOeej Hej
Ie. HeerSmeet yee@v[
- mecegefele esef[ mHes[ ceeke&-DeHe kes meeLe
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

* 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 The Parent is following uniform methodology of

accounting for investments on settlement date basis.
4.7 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.
4.8 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.
190
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June 9, 2011 7:35 PM
2010 -11
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.
4.9 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 jshees / efjJeme& jshees
4.10 Repo / Reverse Repo
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.
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.
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

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
192
June 9, 2011 7:35 PM
2010 -11
5. Deefiece
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.
5.1 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.
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.
5.2 Advances are net of specific loan loss provisions,

interest suspense; amount received and held in suitfiled Sundry Deposit and Claims Received.
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.
5.3 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.
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.
5.4 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.
6. Deeue Deeefmleeeb
6.
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.
6.1 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 there from.
6.2 Heefjmej ceW Yetefce leLee efvecee&CeeOeerve YeJeve kee meceeJesMe nQ.
Advances
Fixed Assets
6.2 Premises include

construction.
Land
and
Building
under
7. Heejef#ele efveefOeeeb SJeb DeefOeMes<e
7.
Reserves and Surplus
Revenue and other Reserves include Statutory Reserves

created by foreign branches as per applicable local laws
of the respective countries.
8.
Revenue Recognition
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.
8. jepemJe kee efveOee&jCe

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.
8.1 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.
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.
8.2 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.
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.
8.3 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.
192
193
June 9, 2011 7:35 PM

9. Employees Benefits
9. kece&eejer ueeYe
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.
9.1 provident Fund

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 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.
9.2 Gratuity
9.3 heWMeve
9.3 Pension
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

2010 -11
Deve kece&eejer ueeYe pewmes efke ger efjeeele efkejeee (SueShemeer), efeefkelmee
ueeYe Fleeefo kees yeerceeefkeke cetueebkeve kes DeeOeej hej eoeve efkeee ieee
nw.
Pension liability is a defined benefit obligation and is

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
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.
10. cetueeme
Gratuity liability is a defined benefit obligation and is

at the end of the financial year. The scheme is funded by
the Parent and is managed by a separate trust.
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.
10.1 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 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.
10.2 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 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.
10.3 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 SerSce Hej cetueeme 20% keer oj mes m^s ueeFve efJeefOe mes Heoeve efkeee
peelee nw.
10.4 Depreciation on ATMs is provided on Straight Line

Method at the rate of 20%.
193
194
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.
11. DeeefmleeeW keer #eefle

June 9, 2011 7:35 PM
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
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. HeeJeOeeve, Deekeefmceke oseleeSb Je Deekeefmceke Deeefmleeeb
14
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.
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.
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.
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.
194
Contingent Assets are not recognized in the financial

statements since this may result in the recognition of
income that may never be realised.
195
June 9, 2011 7:35 PM
2010 -11
Devegmeteer - 19 : 31 ceee& 2011 kees meceehle efJeeere Je<e& keer mecesefkele efJeeere efJeJejefCeeeW hej vees
Schedule-19 - Notes on the Consolidated Financial Statements for the year ended 31st March 2011
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.
1.
1.1 Deveg<ebefieeeb
1.1
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.
osMe, peneb
efJeeceeve nw
mJeeefcelJe kee DevegHeele

31.03.11 31.03.10
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
1.1.1 Domestic Subsidiaries

a) Banking
Yeejle
98.57%
98.39%
Yeejle
Yeejle
100.00%
100.00%
100.00%
100.00%
i) The Nainital Bank Ltd.
India
98.57%
98.39%
b) Non Banking

i) BOB Capital Markets Ltd.
India
100.00%
100.00%
ii) BOB Cards Ltd.
India
100.00%
100.00%
100.00%
100.00%
1.1.2 Overseas Subsidiaries

a) Banking
yeeslmeJeevee
kesvee
egieeb[e
iegeevee
lebpeeefveee
ef$eveeroeo
SJeb esyesiees
Ieevee
vetpeeruewv[
100.00%
100.00%
i) Bank of Baroda (Botswana) Ltd.
Botswana
86.70%
86.70%
ii) Bank of Baroda (Kenya) Ltd.
Kenya
86.70%
86.70%
80.00%
80.00%
iii) Bank of Baroda (Uganda) Ltd.
Uganda
80.00%
80.00%
100.00%
100.00%
100.00%
100.00%
iv) Bank of Baroda (Guyana) Inc.
Guyana
100.00%
100.00%
100.00%
100.00%
v) Bank of Baroda (Tanzania) Ltd
Tanzania
100.00%
100.00%
vi) Bank of Baroda Trinidad & Tobago Trinidad &

ltd.
Tobago
100.00%
100.00%
100.00%
100.00%
vii) Bank of Baroda (Ghana) Ltd.
100.00%
100.00%
100.00%
100.00%
viii) Bank of Baroda (Newzealand) Ltd. Newzealand 100.00%
100.00%
egveeFs[
eEkeie[ce
100.00%
100.00%
Ghana
b) Non Banking
1.2 meneesieer FkeeFeeb

mecesefkele efJeeere efJeJejCeer (meerSHeSme) ceW meceeefnle meneesieer FkeeFeeW kes
efJeJejCe efvecveefueefKele nQ :
veece
i) BOB (UK) Ltd.
United
Kingdom
The particulars of Associates considered in the CFS are

as under:
Name
(a) Indo Zambia Bank Limited
(Ke) ye[ewoe Heeeesevf eej Demes cesvespecesv kebHeveer efue. (b) Baroda Pioneer Asset Management Co. Ltd.
(ie) #es$eere ieeceerCe yeQke:-
100.00%
1.2 Associates
osMe, peneb
efJeeceeve nw
Country of
Incorporation
(ke) Fv[es peeefcyeee yeQke efueefces[
100.00%
cetue mebmLee kee efnmmee (%)

Parents ownership
Interest (%) as on
31.03.11
31.03.10
peeefcyeee /Zambia
20
20
Yeejle/ India
49
49
(c) Regional Rural Banks:-
i) ye[ewoe Gej eosMe ieeceerCe yeQke
i) Baroda Uttar Pradesh Gramin Bank
Yeejle/ India
35
35
ii) vewveerleeue-Deucees[e #es$eere ieeceerCe yeQke
ii) Nainital-Almora Kshetriya Gramin Bank
Yeejle/ India
35
35
iii) ye[ewoe jepemLeeve ieeceerCe yeQke
iii) Baroda Rajasthan Gramin Bank
Yeejle/ India
35
35
iv) ye[ewoe iegpejele ieeceerCe yeQke
iv) Baroda Gujarat Gramin Bank
Yeejle/ India
35
35
v) PeeyegDee-Oeej #es$eere ieeceerCe yeQke
v) Jhabua-Dhar Kshetriya Gramin Bank
Yeejle/ India
35
35
195
196
2010 -11
1.3 Joint Ventures
1.3 mebege Gece

veece / Name
ke)
FefC[eeHem& ueeFHe FbMeesjWme kecheveer efue.
Ke)
FefC[ee FbjvesMeveue yeQke (ceuesefMeee) yeerSe[er.
a)
b)
osMe peneb efJeeceeve nw
Country of Incorporation
31.03.2010
Yeejle
44
44
ceuesefMeee
40
India
Malaysia
2.
efJeJejCe
cetue mebmLee kee efnmmee
Percentage of Ownership (%) as on

31.03.2011
IndiaFirst Life Insurance Company Ltd.
2. meneesieer FkeeFeeW ceW efveJesMe kee efJeJejCe

e.
meb
June 9, 2011 7:35 PM
Particulars of the Investment in Associates

Sr.
No.
Particulars
31.03.2011 kees 31.03.2010 kees

As at
31.03.2011
As at
31.03.2010
141.39
141.39
25.27
25.27
3.62
3.79
(ke) meneesieer FkeeFeeW ceW efveJesMe keer ueeiele
a.
Cost of Investment in Associates
(Ke) GHejeskele (ke) ceW Meeefceue DeefOeienCe Hej meeKe
b.
Goodwill on acquisition included in (a)

above
(ie)
GHejeskele (ke) ceW DeefOeienCe Hej Deejef#ele hetbpeer
c.
Capital reserve on acquisition included in

(a) above
(Ie)
Hegvecet&ueebefkele Deejef#ele efveefOe Deewj SHemeer

mebJeJenej Deejef#ele efveefOe kes KeeleW ceW HeefjJeOe&ve
d.
Additions on account of revaluation

reserve & FC translation reserve
(*)
DeefOeienCe GHejevle ieg[ efJeue/Deejef#ele hetbpeer kes

ueeYe (Meg) kee DebMe
e.
Share of post acquisition profits (Net) of

Goodwill/ Capital Reserve
197.54
162.83
(e)
31 ceee& kees efveJesMe (ke-Ke-ie + Ie + *)
f.
Investment as at 31st March

(a b-c+d+e)
317.28
282.74
g.
Investment in India
279.66
247.91
h.
Investment outside India
37.62
34.83
i.
Total (g + h)
317.28
282.74
() Yeejle ceW efveJesMe

(pe) Yeejle kes yeenj efveJesMe
(Pe) kegue (* + e)
3. Deveg<ebefieeeW /meneesieer FkeeFeeW keer efJeeere efJeJejefCeeeb
3.
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.
3.1.1 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 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.
Financial Statements of Subsidiaries / Associates
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
197
June 9, 2011 7:35 PM
2010 -11
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 :
4.
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) yee@ye kewefHeue ceekexmed efue.
1) BOB Capital Markets Ltd.
2) yee@ye kee[&med efue.
2) BOB Cards Ltd.
5. Hetbpeeriele Heejef#ele efveefOe
5.
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.
Provision for Taxes
6.1 Deeekej kee HeeJeOeeve, DeHeerueere HeeefOekeeefjeeW kes efveCe&eeW kees Oeeve ceW jKeles
ngS leLee HejeceMe&oelee kes HejeceMe& mes efkeee ieee nw.
6.1 Provision for taxes are arrived at after due consideration

of decisions of appellate authorities and advice of
Consultant.
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.
6.2 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.
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.
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).
8. eeJeOeeveeW SJeb DeekeefmcekeleeDeeW kee Deueie Deueie efJeJejCe
8.
Break up of Provisions and Contingencies
The break-up of provisions and contingencies appearing

in Profit & Loss Account is as under:
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.
ueeYe neefve Keeles ceW oMee&S ieS eeJeOeeveeW SJeb DeekeefmcekeleeDeeW kee Deueie
Deueie efJeJejCe efvecveevegmeej nw :
efJeJejCe
Particulars
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[
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
eeuet Je<e&
efJeiele Je<e&
0.16
54.77
1477.22
1236.09
12.12
-380.91
224.16
106.81
15.00
15.00
371.12
78.88
3181.02
2045.38

1081.24
934.74
198
June 9, 2011 7:35 PM
2010 -11
9. mesieceW efjheesefie (S Sme-17)

uesKee ceeveke - 17 mesiecesv efjHeesefie kes lenle HekeerkejCe
Yeeie ke : eeLeefceke mesieceW
9.
Segment Reporting (AS 17)
Accounting Standard 17 - Disclosure under Segment

Reporting
Part A: Primary Segments

efyepevesme
mesieceW
Business
Segments
jepemJe
heefjCeece
Deveeyebefle Kee&
Revenue
Result
Unallocated
Expense
Operating
Profit
Heefjeeueveiele ueeYe
Income taxes
efJeefMe< ueeYe /
neefve
Meg ueeYe
Deve metevee
Extra-ordinary
Profit/loss
Net Profit
Other
Information
Segment
Assets
87263.89
Unallocated
Assets
Total Assets
Segment
Liabilities
86230.24
Unallocated
Liabilities
Total Liabilities
Deveeyebefle
Deeefmleeeb
kegue Deeefmleeeb
mesieceW oseleeSb
Deveeyebefle oseleeSb
----
Banking & Other

Operations
2010-11
2009-10
4049.24
3013.08
2960.48
2856.10
Retail Banking
2010-11
6179.83
1548.01
2009-10
5136.75
806.63
----
70849.94 116945.43
Deve yeQefkebie Heefjeeueve
efjsue yeQefkebie
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
Deeekej
mesieceW Deeefmleeeb
keeHeexjs/nesuemesue yeQefkebie
^spejer
----
87499.37
55477.24
jepemJe
Revenue
Deeefmleeeb
Assets
2009-10
20200.12
6338.60
1047.15
1923.21
5910.93
4415.39
1477.22
1236.09
--4433.71
--3179.30
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
osMeere heefjeeueve
efJeJejCe
2010-11
25800.41
6958.08
----
kegue oseleeSb
Yeeie-Ke - ieewCe mesieceW / Part B : Secondary Segments
Particulars
kegue
Total
Devleje&êre heefjeeueve
Domestic Operations
International Operations
kegue / Total
2010-11
2009-10
2010-11
2009-10
2010-11
2009-10
22550.54
17370.12
3249.87
2830.00
25800.41
20200.12
272458.10
212559.80
93755.67
71716.97
366213.77
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. yeQefkebie SJeb Deve heefjeeueveeW ceW Deve yeQefkebie leLee iewj yeQefkebie heefjeeueve
Meeefceue nQ.
3. mesieceW jepemJe yeee eenkeeW mes eehle jepemJe kees oMee&lee nw.
4. mesieceW heefjCeece lee kejles mecee, yeQke eje DeheveeF& ieF& DeblejCe cetue
efveOee&jCe eCeeueer kees eeesie ceW ueeee ieee nw.
5. 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
199
June 9, 2011 7:35 PM

10. Related Party Disclosures (AS-18)
10. mebyebefOele heeea ekeerkejCe (SSme-18)

e. meb. veece / Name
heeefjeefceke / Remuneration
S. No
eeuet Je<e&
21,87,200
* 23,30,494
* 18,74,019
eer Jeer. mevleevejeceve
hetJe&-keee&keejer efveosMeke
18,37,145
* 13,93,184
13,57,347
3,20,093

Ex-Executive Director

4
Previous Year
`
Shri V.Santhanaraman
3
efJeiele Je<e&
Current Year
`
eer Sce.[er.ceuee
Shri M.D.Mallya
2
2010 -11
Executive Director
Shri N.S.Srinath
Executive Director
Meeefceue nw.
* Amount includes arrears on account of VI pay commission

and incentives.
11. eefle Mesej Depe&ve (SSme-20)
11.
* Fme jeefMe ceW "s Jesleve Deeeesie kes Deveghe Sefjej jeefMe leLee eeslmeenve jeefMe
Earnings per Share (AS-20)
eeuet Je<e&
efJeiele Je<e&
Current Year
Previous Year
4433.71
3179.30
391546079
364266500
i.
FefkeJeer Mesej Oeejke nsleg kej kes yeeo

GheueyOe Meg ueeYe (` kejes[es ceW)
Net Profit after tax available for Equity

shareholders (` in crores)
ii.
FefkeJeer MesejeW keer mebKee
Number of Equity Shares
iii.
eefle Mesej yegefveeeoer Je [eeuets[ Depe&ve

`10 eleske kes
Basic and diluted earnings per share of

`10/- each (`)
121.64
87.28
iv.
eefle FefkeJeer Debefkele Mesej cetue
Nominal Value per Equity Share
`10.00
`10.00
12. Deee hej kej keer ieCevee (SSme-22)
12. 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.
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
31.03.2011
Deeefmleeeb
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
31.03.2010
Asset
Liability
oselee
Deeefmleeeb
Asset
Liability
0.22
53.76
0.16
30.67
234.47
Others
0.10
216.98
1.44
0.21
Provision for doubtful debts and advances
0.10
0.06
Amount Disallowable U/S 40(a)(ia) of the

IT Act
9.70
11.32
161.08
158.95
171.2
270.74
171.93
265.35
99.54
93.42
Difference between book depreciation

and Depreciation under Income Tax Act
Deduction under section 36(1)(viii) of the
Income-tax Act, 1961
Provision for leave encashment

Total:
Net Deferred Liability / Tax Asset
199
oselee
200
June 9, 2011 7:35 PM
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
keevetveer ceeceues / DeekeefmcekeleeSb

eeuet Je<e&
efJeiele Je<e&
eeuet Je<e&
efJeiele Je<e&
Current Year
Previous Year
1 Deewue kees Mes<e
Balance as on 1st April
4.87
13.48
725.00
425.00
Je<e& kes oewjeve eoe
Provided during the year
3.95
0.07
300.00
Je<e& kes oewwjeve Kee& jeefMe
Amount used during the year
8.68
725.00
31 ceee& kees Mes<e
Balance as at 31st March
8.82
4.87
725.00
DeeGHeuees / Devemexveerpe kee mecee
Timing of Outflow /
uncertainties
efveHeeve / efkemueerkejCe Hej DeeGHeuees
Outflow on settlement / crystallization
14. Deefleefje ekeerkejCe

vesieesefMeSMeve kes lenle yekeeee Jesleve
Legal Cases / Contingencies Salary arrears under negotiation
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.
14. 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.
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&.
15. 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.
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.
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.
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.
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. 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.
16. Previous Year Figures:

Previous years figures of the group entities have been
rearranged / recast / regrouped wherever considered
necessary.
200
201
June 9, 2011 7:35 PM
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
31 ceee& 2011
kees meceeHle Je<e&
31 ceee& 2010
kees meceeHle Je<e&
5910,92,52
4415,38,61
259,70,38
242,74,55
12,11,71
(38073,81)
1081,40,04
989,50,98
Year ended
31.03.2011
ke. Heefjeeueve keee&keueeHeebs mes vekeoer HeJeen :
Year ended
31.03.2010
A. Cash flow from operating activities :
kej mes HetJe& Meg ueeYe
Net Profit before taxes
efvecveefueefKele kes efueS meceeeespeve :
Adjustments for:
Deeue DeeefmleeeW Hej cetueeme
Depreciation on fixed assets
efveJesMeeW Hej cetue eme (HeefjHekeJe $e+CeHe$eeW meefnle)
Depreciation on investments
(including on Matured debentures)
yes Keeles ceW [eues ieS DeMeesOe $e+Ce/

iewj efve<Heeoke DeeefmleeeW kes efueS HeeJeOeeve
Bad debts written-off/Provision in respect of

non-performing assets
ceeveke DeeefmleeeW kes efueS HeeJeOeeve
Provision for Standard Assets
224,16,04
106,80,94
Deve ceoeW kes efueS HeeJeOeeve
Provision for Other items
386,12,58
93,88,25
Deeue DeeefmleeeW keer efyeeer mes ueeYe /(neefve)
(Profit) / loss on sale of fixed assets
1267
(8,27)
ieewCe $e+CeeW Hej yeepe ueeYe/HeeJeOeeve,

(Deueie mes efueee ieee)
Payment/provision for interest on subordinated

debt(treated separately)
846,16,11
559,31,58
Deveg<ebieer FkeeFeeW/Deve mes HeeHle ueeYeebMe

(Deueie mes efueee ieee)
Dividend received from subsidiaries/others

(treated separately)
(21,00,37)
(29,18,85)
GHe pees[
Sub total
8699,71,68
5997,63,98
efvecveefueefKele kes ef}S meceeeespeve :
Adjustments for:
efveJesMeeW ceW (Je=ef) / keceer
(Increase)/Decrease in investments
(10867,30,43)
(9155,95,27)
DeefieceeW ceW (Je=ef) / keceer
(Increase)/Decrease in advances
(55454,61,41)
(33141,91,02)
Deve DeeefmleeeW ceW (Je=ef) / keceer
(increase)/Decrease in other assets
(1828,71,14)
169,84,70
GOeej jeefMeeeW ceW Je=ef / (keceer)
Increase/(Decrease)in borrowings
6771,68,11
(777,77,87)
pecee jeefMeeeW ceW Je=ef / (keceer)
Increase/(Decrease) in deposits
65652,10,34
49342,70,88
Deve oseleeDeeW leLee HeeJeOeeveesb ceW Je=ef /(keceer)
Increase/(Decrease) in other liabilities and

provisions
521,81,66
261,67,48
Heoe Hele#e kej (efjHeb[ kee Meg)
Direct taxes paid (Net of Refund)
(1489,04,58)
(1554,68,81)
Heefjeeueve keee&keueeHeeW mes Meg vekeoer (ke)
Net cash from operating activities (A)
12005,64,23
11141,54,07
(376,06,61)
(366,62,70)
Ke. efveJesMe mebyebOeer keee&keueeHeeWW mes vekeoer HeJeen :
B. Cash flow from investing activities:
Deeue DeeefmleeeW keer Kejero
Purchase of fixed assets
Deeue DeeefmleeeW keer efyeeer
Sale of fixed assets
27,12,32
43,05,14
Deveg<ebieer FkeeFeeW/DeveeW mes HeeHle ueeYeebMe
Dividend received from subsidiaries/others
28,46,80
29,18,85
efveJesMe mebyebOeer keee&keueeHeeW mes Meg vekeoer (Ke)
Net cash from investing activities (B)
(320,47,49)
(294,38,71)
201
202
June 9, 2011 7:35 PM
2010 -11

31 ceee& 2011
kees meceeHle Je<e&
31 ceee& 2010
kees meceeHle Je<e&
272,796
Year ended
31.03.2011
Year ended
31.03.2010
ie. efJeeHees<eCe mebyebOeer ieefleefJeefOeeeW mes vekeoer

HeJeen :
C. Cash flow from financing activities:
Mesej hetbpeer
Share Capital
Mesej Heerefceece
Share premium
2433,72,03
572000
iewj peceeveleer ieewCe yeeb[
Unsecured Subordinated Bonds
2202,37,78
1405,37,98
ueeYeebMe
Dividend
(648,13,60)
(383,55,63)
iewj peceeveleer Heefleose yeeb[eW Hej Heoe /ose yeepe
Interest paid / payable on unsecured

redeemable bonds
(846,16,11)
(559,31,58)
efJeeHees<eCe ieefleefJeefOeeeW mes Meg vekeoer (ie)
Net cash from financing activities (C)
3169,08,06
519,70,77
vekeoer SJeb vekeoer mecelegue (ke)+(Ke)+(ie) ceW

Meg Je=ef
Net increase in cash & cash equivalents

(A)+(B)+(C)
14854,24,80
11366,86,13
Je<e& kes eejbYe ceW vekeoer Je vekeoer mecelegue

beginning of the year
36569,47,92
25202,61,79
Je<e& kes Deble ceW vekeoer Je vekeoer mecelegue
Cash and cash equivalents as at the end of the

year
51423,72,72
36569,47,92
31/3/2011
31/3/2010
efhheCeer
1 vekeoer leLee vekeoer mecelegue ceW neLe ceW vekeoer,
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
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
Yee.efj.yeQ. kes meeLe vekeoer SJeb Mes<e
Cash & Balance with RBI
20394,41,61
14076,06,77
yeQkeeW kes meeLe Mes<e leLee ceebie SJeb DeuheeJeefOe veesefme

hej cege
Balances with Banks and Money at Call and

Short Notice
31029,31,11
22493,41,15
pees[
Total
51423,72,72
36569,47,92
202
203
June 9, 2011 7:35 PM
2010 -11
yeQke Dee@]He ye[ewoe keer mecesefkele efJeJejefCeeeW hej uesKee hejer#ekeeW keer efjhees&
Auditors' Report on Consolidated Financial Statements of Bank of Baroda

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#f ele -10- Deveg<ebeif eeeW leLee -7meneesieer 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<ebeif eeeW leLee 2 mebege GeceeW keer uesKee-hejer#ee veneR
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[s kee kegue jepemJe leLee Gkele efoveebke kees meceeHle
Je<e& kes efueS `387.24 keje[s kee vekeoer HeJeen oMee&ee ieee nw leLee
-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
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
204
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.
June 9, 2011 7:35 PM
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.
of `78.96 Crores and net cash flow amounting to

`54.27 crores for the year ended on that date.
5. 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.
6. 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.

meveoer uesKeekeej
SHeDeejSve: 000497 Sve
Yeeieeroej
Sce. veb.: 84205

meveoer uesKeekeej
SHeDeejSve: 000745 meer
(mebpeerJe kehetj)
Yeeieeroej
Sce. veb.: 70487

meveoer uesKeekeej
SHeDeejSve: 302081 F&
(yeer. kes. efyemJeeme)
Yeeieeroej
Sce. veb.: 055623

FRN: 000497N
(Sanjeev Narayan)
Partner
M. No. 84205

FRN: 000745C
(Sanjiv Kapoor)
Partner
M. No. 70487

FRN: 302081E
(B. K. Biswas)
Partner
M. No. 055623

meveoer uesKeekeej
(jekesMe je"er)
Yeeieeroej
Sce. veb.: 045228

meveoer uesKeekeej
(ieewlece Meen)
Yeeieeroej
Sce. veb.: 117348

meveoer uesKeekeej
SHeDeejSve: 000511 Sme
Yeeieeroej
Sce. veb.: 201825

FRN: 103523W
(Rakesh Rathi)
Partner
M. No. 045228

FRN: 105146W
(Gautam Shah)
Partner
M No.117348
For Brahmayya & Co.

FRN: 000511S
(K. Jitendra Kumar)
Partner
M No.201825

204
205
June 9, 2011 7:35 PM
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.

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
nQ.
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
Sce. [er. ceuee

efoveebke : 27 ceF& 2011

mLeeve : cegbyeF&
205
206
June 9, 2011 7:35 PM
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.
These statements do not contain any materially untrue statement or omit any material fact or contain statements that
might be misleading:
ii.
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.
b.
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.
c.
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.
d.
We have indicated to the Auditors and the Audit Committee.

i.
Significant changes in internal control over financial reporting during the year.
ii.
Significant changes in accounting policies during the year and that the same have been disclosed in the notes to the
financial statements and
iii. 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.
V. K. Gupta
General Manager
(Corp.A/c, Taxation & CCO - RBI)
(Addl. Charge Subs & ibo)
M. D. Mallya
Date : 27th May 2011

Place : Mumbai
206
Daya\E:\BOB A.R.2011 Ordinary#159\Proxy Form.indd
207
June 1, 2011 11:07 PM
Heece& yeer
Hee@kemeer - Heece&
(MesejOeejke eje Yeje SJeb nmlee#ej efkeee peeS)

15JeeR Jeeef<e&ke meeceeve yew"ke
meesceJeej, 4 pegueeF&, 2011
Hebpeerke=le Heesefueees e.
[erHeer DeeF&[er e.*
ieenke DeeF&[er e.*

(Fueskeêsefveke he ceW Mesej jKeves Jeeues meomeeW kes efueS ueeiet)
efveJeemeer
ceQ/nce
efpeuee
jepe
yeQke Dee]@He ye[ewoe kee/kes MesejOeejke nesves kes veeles Sleodeje
eer/eerceleer
efveJeemeer
jepe
efveJeemeer
efpeuee
kees DeLeJee Gvekeer DevegHeefmLeefle ceW eer/eerceleer
efpeuee
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.
208
June 1, 2011 11:07 PM
Form B
PROXY FORM
(To be filled in and signed by the Shareholder)
15th Annual General Meeting
Regd.Folio No.
DP.ID No*.
Client ID No.* _____________________
(* Applicable for members holding shares in electronic form)
resident of
I / We
Monday 04th July 2011
in the district of
in the State of
being a shareholder / shareholders of Bank of Baroda, hereby appoint
Shri/Smt.
resident of
in the State of
resident of
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
day of
2011
Signature of Proxy
Name
(In Block Letters)
Affix
(15 paise)
Revenue
Stamp
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.
Signature of first named/sole Shareholder
209
June 1, 2011 11:07 PM
GHeefmLeefle Heeea
15JeeR Jeeef<e&ke meeceeve yew"ke
efoveebke
meesceJeej, pegueeF& 4, 2011
mLeeve
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.
HeJesMe He$e
(yew"ke keer mecemle keee&Jeener kes oewjeve DeHeves Heeme jKeW)

Heesefueees meb.
(Yeewefleke he ceW nesefu[bie nsleg)
[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.
210
June 1, 2011 11:07 PM
ATTENDANCE SLIP
15th Annual General Meeting

Date
Monday, 4th July 2011
Place
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)
No. of Shares
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.
Full Name (In Bock Letters)
211
June 1, 2011 11:07 PM
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 :
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.
Keelee mebKee (pewmee efke eske yegke ceW efoee ieee nw)

Ie.

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.
:
:
e.

yeele yeQke
eeuet
vekeo GOeej
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. 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.
2. 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.
212
June 1, 2011 11:07 PM
Bank of Baroda
1.
First Shareholders Name (in Block Letters)
2.
Address
Electronic Clearing Service (Credit Clearing)

ECS Mandate for Payment of Dividend on Equity Shares

3. Shareholders Folio number (for holding in physical form)

D. P. ID / Client ID number (for holding in electronic form) :
4.
Particulars of Bank Account
A. Bank Name
B. Branch Name & City Pin Code
C. Account No.
(as appearing on the cheque book)
(SB Account / Current A/c. or Cash Credit A/c)
SB
Current
Cash Credit
E. Ledger Folio number of Bank Account
(if appearing on the cheque book)
9 Digit Code No. of the Bank &
F.
Branch appearing on the MICR
Cheque issued by the Bank
5.
D. Account Type (please Tick) :
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.
Date:
Signature of the First Holder
Note:
1.
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.
2. 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.
Place:
213
efhheCeer / NOTES
June 1, 2011 11:07 PM
214
June 1, 2011 11:07 PM
efhheCeer / NOTES
CMYK
2010 -11
2010 -11
hegjmkeej SJeb mecceeve / Awards and Accolades
efveosMeke ceb[ue / Board of Directors
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-~~)
owefveke Yeemkej eghe ([erSveS) eje Fbef[ee eeF[ SJee[& - HeeFveeefvmeeue meefJe&mesme 2010 (efmeuJej)
Best Public Sector Bank 2010 (Rank-II) by Financial Express Group.
India Pride Award - Financial Services 2010 (Silver) by Dainik Bhaskar Group (DNA).
yeeeW mes oeeW - eer ceewefueve S. Jew<CeJe, [e@. Oecexv Yeb[ejer, eer Depee ceeLegj, eer Deej. ieebOeer, eer Deeueeske efveiece,
eer Deej.kes. ye#eer - keee&keejer efveosMeke, eer Sce.[er.ceuee - DeOe#e SJeb HeyebOe efveosMeke, eer Sve.Sme.eerveeLe - keee&keejer efveosMeke,
[e@. oerHeke yeer. Heeke, [e@. (eerceleer) cemej&le Meeefno, eer meleosJe ef$ehee"er, eer Jeer. yeer. eJneCe
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
efyepevesme Fbef[ee yesm yeQke SJee[&-2010
Yeejleere yeQke mebIe eje yesm skeveesuee@peer yeQke SJee[& 2010 (jvej Dehe)
Business India Best Bank Award 2010.
Best Technology Bank Award 2010 (Runner Up) by IBA.
efnleOeejke kees ueeYeebMe / Dividend to Stakeholder
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
CMYK
Je<e&-oj-Je<e& veF& TbeeFeeW kee mheMe&

Conquering newer heights,
year after year.

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CMYK

Je<e&-oj-Je<e& veF& TbeeFeeW kee mheMe&

Jeeef<e&ke efjhees& Annual Report

Jeeef<e&ke efjhees& Annual Report

hegjmkeej SJeb mecceeve / Awards and Accolades

efveosMeke ceb[ue / Board of Directors

efyepevesme mQ[[& eje o yeQkej Dee@]He o F&ej-2010 hegjmkeej.

HeeFveeefvmeeue Skemeesme eghe eje yesm heefyueke meskej yeQke-2010 (jQke-~~)

Best Public Sector Bank 2010 (Rank-II) by Financial Express Group.

efyepevesme Fbef[ee yesm yeQke SJee[&-2010

Business India Best Bank Award 2010.

Best Technology Bank Award 2010 (Runner Up) by IBA.

efnleOeejke kees ueeYeebMe / Dividend to Stakeholder

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June 9, 2011 6:59 PM

Jeeef<e&ke efjhees& Annual Report

ceneeyebOeke / General Managers

kes. Deej. MesCee@e - cegKe meleke&lee DeefOekeejer

K. R. SHENOY - Chief Vigilance Officer

Dr. (Smt.) RUPA NITSURE - Chief Economist

Daya\E:\BOB A.R.2011 Ordinary#159\I & II.indd

Jeeef<e&ke efjhees& Annual Report

June 9, 2011 6:59 PM

uesKee hejer#eke / Auditors

ke=les Sme. kes. kehetj SC[ keb.

ke=les Sve. meer. yevepeea SC[ keb.

For Ashwani & Associates

For S. K. Kapoor & Co.

For N. C. Banerjee & Co.

ke=les nefjYeefe SC[ keb.

ke=les efKecepeer kegbJejpeer SC[ keb.

ke=les yeeee SC[ keb.

For Haribhakti & Co.

For Khimji Kunverji & Co

For Brahmayya & Co.

Daya\E:\BOB A.R.2011 Ordinary#159\CMD Statement-English.indd

June 2, 2011 5:18 PM

Jeeef<e&ke efjhees& Annual Report

efJe<ee meteer / Contents

efveosMekeeW keer efjhees&

keeheexjs ieJeveXme efjhees&

Report on Corporate Governance

keeheexjs ieJeveXme ceW heee&JejCe megj#ee

Green Initiative in Corporate Governance 108

yeemesue II efheuej 3 ekeerkejCe

Basel II Pillar 3 disclosures

cenlJehetCe& efJeeere meteke

Key Financial Indicators

Profit & Loss Account

Statement of Cash Flow

uesKee hejer#ekeeW keer efjhees&

mecesefkele efJeeere efJeJejefCeeeb

Consolidated Financial Statements

ee@kemeer Heece& / GheefmLeefle heeea / F&meerSme

Proxy Form / Attendance Slip / ECS

Daya\E:\BOB A.R.2011 Ordinary#159\CMD Statement-English.indd

Jeeef<e&ke efjhees& Annual Report

June 2, 2011 5:18 PM

Bank of Indias (RBI) indicated projections. The inflationary

Bank of Baroda: A Stable and Resilient Bank

However, headline inflation exhibited strong persistence in

Daya\E:\BOB A.R.2011 Ordinary#159\CMD Statement-English.indd

June 2, 2011 5:18 PM