Of nabard inspection report suspense due to

of NABARD Inspection Report
[2007-08]
872.6
Suspense Due to Unrealised
Assets above 3yrs [Sch-B]
20.8 Release of Reserve for the loss on
Account of Recast of Balancesheet
of NABARD Inspection Report
[2004-05]
795.31
Reserve Salable Forms
unreconciled
1.25
Suspense due to Debt Relief
2008
158.7
Reserve for loss assessed by
NABARD
1667.9
Net Profit after Reserves 107.64
TOTAL 3697.45 3697.45
Table-4.11
74

Balance Sheet as on 31-03-2010 [Rupees in Lakhs]
75
Sl.No Liabilities Schedu
le No
As on 31-
03-2010
Assets Schedu
le No
As on 31-
03-2010
1 Share Capital 01 3303.45 Cash on Hand 18 1918.02
2 Statutory Reserves 02 3160.90 Cash at Banks 07 1086.50
3 Deposits 03 23039.78 Investments 08 14544.57
4 Borrowings 04 14800.60 Loans &Advances 09 27149.96
5 Head office A/C 5A 52.24 Adj.Heads Due to 11 426.41
6 Adj.Heads Due By 6 1207.57 Fixed Assets 10 173.51
7 Interest Payable 1250.23 Salable Forms 17 4.77
8 Other Liabilities 15 365.57 Interest Receivable
on loans
13 1271.57
9 Reserve for
Maritorium Interest
_ Interest Receivable
on Investments
14 127.19
10 Reserve for
P.M.Relief Fund due
from Govt.
_ Other Assets 16 281.19
11 Interest Receivable
against loans
13A 49.33
12 Profit& Loss A/c
(loss)
147.31
Grand Total 47180.37 47180.37

Table-4.12
76

Profit & Loss Account for the Year ended 31-03-2010 [Rupees in Lakhs]
Expenditure Amount Income Amount
Interest Paid and Due Interest Received on Loans Sch-A 3051.9
a)Actually paid on Borrowings
& Deposits
2995.7 Interest Actually Collected 4.9
Establishment Charges 628.7 + Interest Receivable at the end of
the year
1.4
Contingent Charges paid 142.08 -Amt receivable at the end of the
last year
3.36
Audit fee transferred to P&L
A/c relating last yr
- Contingent Charges Received .174
Depreciation on Fixed Assets 17.08 Net loss for the year 2009-10 557.3
Net loss carried down 557.3 Release of Reserve for OD
Interest
1000.00
Reserve for Education Fund - Release of Moratorium Intrest
2005-06 on account of full recovery
-
Reserve for Agri.Stabilisation
Fund
2.03 Release of P.M.package interest
PADB at NABARD Inspection
Report
-
Reserve for unoperative current
accounts with other banks
1.29 Release of Reserve for the loss on
Account of Recast of Balancesheet
of NABARD Inspection Report
[2007-08]
-
Reserve for Unreconciled
Accounts
91.7 Release of Reserve for the loss on
Account of Recast of Balancesheet
of NABARD Inspection Report
[2004-05]
-
Provision for Statutory Audit
Fee
1.3
Provision for Concurrent Audit
fee
6.9
Reserve for loss assessed by
NABARD
-
Net Profit after Reserves 235.10
TOTAL 1000.00 1000.00
Table-4.13
77

78
Table-4.16
Source-Annexures
Table-4.16

Table-4.17
Source-Annexures

80
Table-4.18
Source-Annexures

2006-07 2007-08 2008-09 2009-10 2010-11
0
2000
4000
6000
Total Interest on loans & advances taken to P&L A/c
2006-07 2007-08 2008-09 2009-10 2010-11
0
1000
2000
3000
4000
Interest Accrued but not due
2006-07 2007-08 2008-09 2009-10 2010-11
0
1000
2000
3000
4000
Over due interest accrued
81

2006-07 2007-08 2008-09 2009-10 2010-11
0
1
2
3
4
5
6
OD interest provision required to make for OD interest and other income taken to P&L A/c
2006-07 2007-08 2008-09 2009-10 2010-11
0
50
100
150
200
Other income taken to P&L A/c
CHAPTER 5
SUGGESTIONS &
CONCLUSIONS
82

83

Conclusions & Suggestions:
The bank authorities are advised to take the following steps to identify the NPA’s and to prevent
the accumulation of NPA’s in the years to come.
Recovery Policy:
The bank should have a loan recovery policy stipulating the manner of recovery of dues, arbited
level of reduction in NPA’s from 18.38%.The bank had reached the minimum level of NPA’s in