FINAL ACCOUNTS OF BANKING COMPANY

HISTORY:
The Bank was incorporated in 1931 as Travancore Federal Bank Limited to cater to the banking needs of Travancore Province by a small group of local citizens. It embarked on a phase of sustained growth under the leadership of K.P. Hormist. The bank along with six other banks co-promoted Bharat Overseas Bank Ltd.

1949 - The Board of Directors of the Bank was reconstituted and fresh Articles of Association were adopted and the Bank was renamed as The Federal Bank Limited.

1993 - During March, the bank issued 25,25,000 No. of equity shares of Rs 10 each at a premium of Rs 25 per share in proportion 1:2. Another 5,25,000 No. of equity shares were offered to the employees on an equity basis. Only 30,47,894 shares of the above taken up (2,106 shares kept in abeyance). Another 30,00,000 No. of equity shares were allotted at a prem. of Rs 30 per share to ICICI associates companies.

1994 - During March, the company offered to the public 35,45,500 shares at a prem. of Rs 80 per share. Additional 1,72,600 shares were allotted to retain oversubscription. During January 1996, the bank issued 74,08,122 rights equity shares (prem. Rs 140; prop. 1:2) 73,51,734 shares taken up.

1995 - 50,50,000 No. of equity shares were issued and paid-up of which 3,318 No. of equity shares were issued for consideration other than cash on 27.1.1965 to shareholders of erstwhile St. George Union Bank Ltd., Puthenpully, Kerala.

FINAL ACCOUNTS OF BANKING COMPANY

1996 - The Company undertook as 3 year Information Technology Strategic Plan 2000 for automating its branches in a phased programme.

2000 - Federal Bank is to foray into internet banking and E-commerce in the month April. The Bank will be he first among the old private sector banks in the country to diversify into internet banking. The Bank has entered into marketing pacts with some commercial agencies for its E-commerce business.

2001 - The Aluva-based Federal Bank has tied up with Escotel Communications to launch mobile banking services using SMS technology.Federal Bank has launched a new deposit scheme christened as `Suraksha' for senior citizens.

2005-JRG Securities Ltd has forged alliance with Federal Bank Ltd for providing loans for subscribing to initial public offers (IPOs). FedBank gets award for best use of IT.Federal Bank keen on merger with southern entity

2006-Federal Bank to acquire Ganesh Bank. Federal Bank rolls out savings deposit schemes.Federal Bank gets banking tech awards. Federal Bank bags YMCA award. IDBI Bank, Fortis join Federal Bank for risk JV

2010- Federal Bank unveiled FedSelect, a premium product for their high networth individual (HNI) customers. Shyam Srinivasan has taken charge as the Managing Director & CEO of Federal Bank with effect from September 23. Federal Bank Ltd has appointed Shri. Shyam Srinivasan as Managing Director & Chief Executive Officer of the Bank

FINAL ACCOUNTS OF BANKING COMPANY

VISION:
Become the dominant bank in Kerala and a leading player in target markets. Be the trusted partner of choice for target (SME, Retail, NRI) customers. Be a customercentric organization setting the benchmarks for service. Offer innovative yet simple products supported by the state-of-the art technology. Have a dynamic and energized workforce with a strong sense of belonging. Deliver top tier financial performance and superior value to stakeholders. Be a role model for corporate governance and social responsibility.

MISSION:
Devote balanced attention to the interests and expectations of stakeholders, and in particular: Shareholders: Achieve a consistent annual post-tax return of at least 20% on net worth. Employees: Develop in every employee a high degree of pride and loyalty in serving the Bank. Customers: Meet and even exceed expectations of target customers by delivering appropriate products and services, employing, as far as feasible, the single-window and 24-hour-seven-day-week concepts, leveraging strengthened branch

infrastructure, ATMs, and other alternative distribution channels, cross-selling a range of products and services to meet customer needs varying over time, and ensuring the highest standards of service at all times

FINAL ACCOUNTS OF BANKING COMPANY

MANAGEMENT
Name Abraham Chacko Abraham Koshy Ashutosh Khajuria C P Mohandas Girish Kumar Ganapathy Girish Kumar Ganapathy Jolly Antony K Krishnakumar K S Mohan M Y Khan Nilesh Shivji Vikamsey P C Cyriac P C John Shyam Srinivasan Shyam Srinivasan Suresh Kumar T C Nair T Ommen Benjamin T S Jagadeesan Designation Executive Director Director President - Treasury General Manager Company Secretary & Compliance Officer Secretary General Manager Asst. General Manager General Manager Director Director Chairman / Chair Person Executive Director & CFO CEO Managing Director & CEO Director Director General Manager Chief General Manager

FINAL ACCOUNTS OF BANKING COMPANY

AWARDS AND RECOGNITION

The Bank has also won awards in 2 categories from the Kerala Management Association in 2011 - Innovative Cost Management Measures and Excellence in House Magazine.

The Bank has won the Blue Dart World CSR Day - Global CSR Award for Best Corporate Social Responsibility Practice Overall. The Bank was ranked as the Best Bank among old private sector banks in 2010, by Financial Express.

The bank was ranked 497th bank in the world by "The Banker", the Internatinal Financial Affairs publication edited from London, in their July 2011 edition.

The Golden Peacock Award, a prestigious award instituted by The Golden Peacock Awards Secretariat (GPAS), on the CSR front was awarded to us in this fiscal year.

FINAL ACCOUNTS OF BANKING COMPANY

PRODUCTS AND SERVICES

Savings Bank Current Accounts Deposits Loans Safe Deposit Lockers Debit-Cards GiftCard Travel Card - Cash Passport Funds Transfer Demat Accounts Online Healthcare Portal Federal Pure Gold Mutual Fund Payment Gateway Mobile Banking- FedMobile Internet Banking-FedNet Insurance Products

FINAL ACCOUNTS OF BANKING COMPANY

BALANCE SHEET AS ON 31st MARCH, 2012 -federal bank

PARTICULARS
SCHEDULE NO.

AS ON 31-03-2012

AS ON 31-03-2011

CAPITAL & LIABILITIES CAPITAL Reserves and Surplus Deposits Borrowings Other Liabilities and Provisions TOTAL ASSETS Cash and Balances with Reserve Bank of India Balances with Banks and Money at Call and Short Notice Investments Advances Fixed Assets Other Assets TOTAL Contingent Liabilities Bills for Collection 12 8 9 10 11 17402,48,77 37755,98,59 326,13,92 1609,60,79 60626,77,21 35849,40,40 1189,31,40 14537,67,50 31953,23,37 289,81,68 927,33,52 51456,36,42 22112,74,97 912,52,04 7 1108,40,48 813,25,04 6 2424,14,66 2935,05,31 1 2 3 4 5 1,71,04,71 5535,27,98 48937,12,21 4241,03,41 1742,28,90 60626,77,21 1,71,04,71 4937,61,46 43014,78,06 1888,36,26 1444,55,93 51456,36,42

FINAL ACCOUNTS OF BANKING COMPANY

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31st MARCH, 2012

PARTICULARS

SCHEDULE NO.

AS ON 31-03-2012

AS ON 31-03-2011

1)

INCOME Interest Earned Other Income TOTAL 13 14 5558,3924 532,34,32 6090,73,56 4052,02,83 516,81,41 4568,84,24

2)

EXPENDITURE Interest Expended Operating Expenses Provisions and Contingencies TOTAL 15 16 3604,98,51 979,27,31 729,67,79 5313,93,61 2305,44,96 836,13,91 840,17,05 3981,75,92

3)

PROFIT / LOSS Net Profit for the year Profit / Loss () brought forward TOTAL 776,79,95 25,77,66 802,57,61 587,08,32 23,13,93 610,22,25

4)

APPROPRIATIONS Statutory Reserves Revenue Reserves Capital reserves General reserves Special Reserves u/s 36(1) (viii) of Income Tax Act 1961 Proposed Final Dividend (inclusive of Dividend Distribution Tax of ` 37.11 Cr, Provision for dividend Balance carried over to balance sheet Total Earning per share 24,97,33 296,67,87 802,57,61 45.41 23,58,59 25,77,66 610,22,25 34.32 153,94,24 145,39,00 194,20,00 98,88,00 5,40,17 0 28,50,00 146,80,00 232,11,00 0 0 36,56,00

FINAL ACCOUNTS OF BANKING COMPANY

SCHEDULES

SCHEDULE-1: CAPITAL
PARTICULAR AS ON 31-03-2012 AUTHORISED CAPITAL 300,00,00,000 200,00,00 AS ON 31-03-2011 200,00,00

Equity Shares of ` 10 each 1) ISSUED, SUBSCRIBED, CALLED & PAID UP CAPITAL Opening Balance Additions during the year Equity Shares of ` 10/- each issued during the year. Total number of Shares held by Central Government is 17,13,179 171,31,79

39,82,85,671 2) Perpetual Non-Cumulative Preference Share 0 (PNCPS) TOTAL(1+2) 171,04,75 171,04,75 0

SCHEDULE-3: DEPOSITS
PARTICULARS AS ON 03-2012 A I Demand Deposits From Banks From Others II III Savings Bank Deposits Term Deposits 12,69,97 2533,20,98 10929,94,57 142,68,91 2263,11,94 9148,29,02 31- AS ON 03-2011 31-

FINAL ACCOUNTS OF BANKING COMPANY From Banks From Others TOTAL A (I+II+III) B Deposits of Branches in India Deposits of Branches outside India TOTAL (A+B) 476,20,50 39485,06,19 49837,12,21 48937,12,21 nil 48937,12,21 199,20,23 31261,47,96 43014,78,06 43014,78,06 Nil 43014,78,06

SCHEDULES-4: BORROWINGS
PARTICULARS AS ON AS ON 31-03-2012 I i) ii) iii) iv) v) Borrowings in India Reserve Bank of India Other Banks Other Institutions and Agencies Innovative Perpetual Debt Instruments (IPDI) 2516,17,33 0 1417,29,17 0 0 0 90,00,00 31-03-2011 0 100,00,00

Hybrid debt capital instruments issued as bonds 0 /debentures

vi) vii)

Perpetual Cumulative Preference Shares (PCPS) Redeemable (RCPS) Cumulative Preference

0 0

Shares 0

viii) ix) II

Subordinated Debt TOTAL Borrowings outside India TOTAL (I + II)

306,00,00 2912,17,33 1328,86,08 4241,03,41

306,00,00 1823,29,17 65,07,09 1888,36,26

10

FINAL ACCOUNTS OF BANKING COMPANY

SCHEDULES-5: OTHER LIABILITIES AND PROVISIONS

PARTICULARS

AS ON 03-2012

31- AS ON 03-2011 24,29,70 182,36,54 149,23,10

31-

I II III IV

Bills Payable Inter-Office Adjustments (Net) INTEREST ACCRUED CONTINGENT PROVISION

20,51,90 163,68,47 165,85,32 AGAINST 64,19,00

STANDARD ASSETS V Others (including provisions) TOTAL (I+II+III+IV+V) 1228,04,21 1742,28,90 1088,66,59 1444,55,93

SCHEDULE-6: CASH AND BALANCES WITH RBI

PARTICULARS

AS ON 03-2012

31- AS ON 03-2011 332,66,89

31-

I II

Cash in hand (including foreign currency notes) Balances with Reserve Bank of India In Current Account In Other Accounts TOTAL (I+II)

395,84,43

2028,30,23 0 2424,14,66

2602,38,42 0 2935,05,31

11

FINAL ACCOUNTS OF BANKING COMPANY

SCHEDULE 7: BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE
PARTICULARS AS ON 03-2012 I i) In India Balances with Banks Current Accounts in other Deposit Accounts ii) Money at Call and Short Notice with banks with other institutions Total II i) ii) iii) Outside India in Current Accounts in other Deposit Accounts Money at Call and Short Notice Total TOTAL (I + II) 13,37,64 127,18,75 0 140,56,39 1108,40,48 32,80,33 66,89,25 0 99,69,58 813,25,04 100,00,00 404,57,07 967,84,09 399,72,13 0 713,55,46 40,09,02 423,18,00 40,16,13 273,67,20 31- AS ON 03-2011 31-

SCHEDULE 8: INVESTMENTS
Particulars As on 03-2012 I Investments in India (gross) Less: provision for depreciation Total Government securities Other approved securities Shares 190,72,92 17453,85,45 51,36,68 17402,48,77 11531,24,13 31- As on 03-2011 14554,17,96 16,50,46 14537,67,50 9964,52,93 35,74 168,06,61 31-

12

FINAL ACCOUNTS OF BANKING COMPANY Debentures and bonds Subsidiaries and/or associates Others Total II Investments outside India (gross) 960,35,02 395,92,00 4324,24,70 17402,48,77 nil 605,34,48 217,00,00 3582,37,74 14537,67,50 Nil

SCHEDULE 9- ADVANCES
PARTICULARS As 31-03-2012 A) i) ii) Bills Purchased and Discounted Cash Credits, Overdrafts and Loans Repayable on Demand iii) Term Loans TOTAL A(i to iii) B) i) Secured by Tangible Assets (includes advances against Book Debts) ii) Covered by Bank/Government Guarantees iii) Unsecured TOTAL B(i to iii) C) I) i) ii) iii) iv) II) Advances in India Priority Sector Public Sector Banks Others Advances Outside India TOTAL C(i & ii) 12188,45,84 2817,58,47 4,46,36 22745,47,92 Nil 37755,98,59 10585,79,92 1945,87,30 4,50,44 19417,05,71 Nil 31953,23,37 8613,73,32 6773,49,19 2864,11,38 1671,22,62 14218,94,44 37755,98,59 26278,13,89 13643,14,22 31953,23,37 23508,51,56 1853,81,17 21683,22,98 on As 31-03-2012 898,60,67 17411,48,48 on

13

FINAL ACCOUNTS OF BANKING COMPANY

SCHEDULE 10- FIXED ASSETS

PARTICULARS As on 03-2012 I) Premises At cost/revalued amount as on 31st March of the preceding year Additions/adjustments during the year (Includes revalued amount) Deductions/adjustments during the year Less: Depreciation/ Amortisation to date II) Other Fixed Assets (including Furniture & Fixtures) At cost/valued amount as on 31st March of the preceding 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 31st March of the preceding year 3,10,13 3,10,13 305,56,61 262,90,22 8,58,65 11,18,89 92,37,95 57,42,43 383,85,29 337,61,75 56,88,70 50,78,90 1,83 1,29,13 74,86 219,27,17 218,54,14 31- As on 03-2012 31-

14

FINAL ACCOUNTS OF BANKING COMPANY Less : Depreciation to date TOTAL (I to III) 2,71,79 326,13,92 2,71,79 289,81,68

SCHEDULE 11-OTHER ASSETS

PARTICULARS

As 31-03-2012

on As on 03-2011 280,41,36 338,48,01 2,62,69

31-

I) II) III)

Inter-Office Adjustments (Net) Interest accrued

399,50,24 620,48,86

Tax paid in advance/tax deducted at source 2,69,18 (net of provisions)

IV) V)

Stationery and Stamps Non-banking assets acquired in satisfaction of claims (Net of Depreciation)

3,10,61

3,05,01 1,50,00

VI)

Others TOTAL (I+II+III+IV+V+VI)

83,81,90 1609,60,79

301,26,45 927,33,45

SCHEDULE 12-CONTINGENT LIABILITIES

PARTICULARS

As 31-03-2012

on As on 03-2011 613,31,98

31-

I)

Claims against the bank not acknowledged as 661,14,55 debts

II)

Liability for partly paid Investments/venture fund 58,38,16

III)

Liability on account of outstanding forward 30431,60,64 exchange contracts

16163,50,63

IV)

Guarantee given on behalf of constituents

15

FINAL ACCOUNTS OF BANKING COMPANY -IN INDIA -IN OUTSIDE INDIA V) Acceptances, obligations VI) Other items for which bank is contingently 34,52,05 liable - Estimated amount of contracts remaining to be executed on capital accounts not provided for -Others TOTAL (I+II+III+IV+V+VI) 35849,40,40 22112,74,97 34,61,16 endorsements and other 1188,48,26 1568,27,47 3533,64,90 3739,03,73

SCHEDULE 13-INTEREST EARNED

PARTICULARS

As 31-03-2012

on As on 03-2011 3168,80,24 868,03,04 10,59,78

31-

I II III

Interest/Discount on Advances/Bills Income on investments

4189,76,37 1315,73,76

Interest on balances with Reserve Bank of 34,8836 India and other inter bank funds

IV

Others TOTAL (I+II+III+IV)

18,00,75 5558,39,24

4,59,77 4052,02,83

16

FINAL ACCOUNTS OF BANKING COMPANY

SCHEDULE 14: OTHER INCOME

PARTICULARS

As 31-03-2012

on As 31-03-2011 250,22,42 45,75,89 0 32,69

on

I) II)

Commission, Exchange and Brokerage Profit on sale of investments Less: Loss on sale of investments

251,56,90 82,07,06 0 33,16

III)

Profit on sale of land, buildings & other assets Less: Loss on sale of land, buildings & other assets

IV)

Profit on Exchange Transactions Loss on Exchange Transactions

84,20,86

57,22,90

V) VI)

Income earned by way of dividend Miscellaneous Income TOTAL (I+II+III+IV+V+VI)

5,12,46 109,03,88 532,34,32

3,52,36 159,75,15 159,75,15

SCHEDULE 15: INTEREST EXPENDED

PARTICULARS

As 31-03-2012

on As 31-03-2011 2161,98,20 9,86,75

on

I) II)

Interest on Deposits

3331,28,00

Interest on Reserve Bank of India/Inter Bank 48,54,65 borrowings

III)

Others Total(I+II+III)

225,15,86 3604,98,51

133,60,01 2305,44,96

17

FINAL ACCOUNTS OF BANKING COMPANY

SCHEDULE 16: OPERATING EXPENSES

PARTICULARS

As 31-03-2012

on As 31-03-2011 480,41,33 79,59,52 10,16,38 18,12,37 54,25,56 70,85 2,83,52

on

I) II) III) IV) V) VI) VII)

Payments to and provisions for employees Rent, taxes and lighting Printing and stationery Advertisement and publicity Depreciation on bank's property Directors' fees, allowances and expenses

543,85,38 94,81,28 10,36,90 16,05,10 56,66,45 69,64

Auditors' fees and expenses (including branch 3,03,69 auditors)

VIII) IX) X) XI) XII)

Law charges Postage, telegrams, telephones etc. Repairs and maintenance Insurance Other expenditure Total(I+II+III+IV+V+VI+VII+VIII+IX+X+XI+XI I)

4,96,44 27,61,89 37,32,19 43,53,71 140,34,64 1979,27,31

5,36,41 18,86,85 23,03,99 35,84,70 106,92,43 836,13,01

18

FINAL ACCOUNTS OF BANKING COMPANY

BANK OF BARODA
HISTORY
1908-1959 In 1908, Maharaja Sayajirao Gaekwad III Maratha of the Maratha Empire set up the Bank of Baroda (BoB). Two years later, BoB established its first branch in Ahmedabad. The bank grew domestically, until after World War II. Then in 1953 it crossed the Indian Ocean to serve the communities of Indians in Kenya and Indians in Uganda by establishing a branch each

in Mombasaand Kampala. The next year it opened a second branch in Kenya, in Nairobi, and in 1956 it opened a branch in Dar-es-Salaam. Then in 1957 BoB took a giant step abroad by establishing a branch in London. London was the center of the British Commonwealth and the most important international banking centre. 1959 saw BoB complete its first domestic acquisition when it took over Hind Bank.

1970s In 1972, BoB acquired Bank of Indias operations in Uganda. Two years later, BoB opened a branch each in Dubai and Abu Dhabi. Back in India, in 1975, BoB acquired the majority shareholding and management control of Bareilly Corporation Bank (est. 1928) and Nainital Bank (est. in 1954), both in Uttar Pradesh. Since then, Nainital Bank has expanded

to Uttarakhand state.

19

FINAL ACCOUNTS OF BANKING COMPANY

2004: BoB acquired the failed Gujarat Local Area Bank, and returned to Tanzania by establishing a subsidiary in Dar-es-Salaam. BoB also opened a representative office each in Kuala Lumpur, Malaysia, and Guangdong, China. 2005: BoB built a Global Data Centre (DC) in Mumbai for running its centralized banking solution (CBS) and other applications in more than 1,900 branches across India and 20 other counties where the bank operates. BoB also opened a representative office in Thailand.

2008: BoB opened a branch in Guangzhou, China (02/08/2008) and in Kenton, Harrow United Kingdom. BoB opened a joint venture life insurance company with Andhra Bank and Legal and General (UK) called IndiaFirst Life Insurance Company.

2010s In 2010, Malaysia awarded a commercial banking license to a locally incorporated bank to be jointly owned by Bank of Baroda, Indian Overseas Bank and Andhra Bank. That same year, BoB also opened a branch in New Zealand. In 2011, BoB opened an Electronic Banking Service Unit (EBSU) was opened at Hamriya Free Zone, Sharjah (UAE). It also opened four new branches in existing operations in Uganda, Kenya (2), and Guyana. BoB closed its representative office in Malaysia in anticipation of the opening of its consortium bank there. BoB received In Principle approval for the upgrading of its representative office in Australia to a branch. The Malaysian consortium bank, India International Bank Malaysia (IIBM), finally opened in Kuala Lumpur, which has a large population of Indians. BOB owns 40%, Andhra Bank owns 25%, and IOB the remaining 35% of the share capital.

20

FINAL ACCOUNTS OF BANKING COMPANY

MISSION AND VISION

Mission
To be a top ranking National Bank of International Standards committed to augmenting stake holders' value through concern, care and competence.

Vision
The Bank aspires to regain the leadership spot in the public sector banking, deploying the most modern technology and pursuing global best practices for affording world-class banking experience and best value to its customers. Towards this, the Bank seeks to: Double its global business size (deposits + advances) within the next 2-3years Acquire at least 2 million customers every year.

21

FINAL ACCOUNTS OF BANKING COMPANY

MANAGEMENT

Name A K Gupta Ajay Mathur Alok Nigam Animesh Chauhan Arun Shrivastava Arun Tiwari B B Garg B Elango C D Kalkar Cyril Patro D K Garg J D Parmar J Ramesh K K Shukla K N Manvi K P Kharat K Venkata Rama Moorthy M D Mallya

Designation General Manager Director Director General Manager General Manager General Manager General Manager Asst. General Manager - Corp. A/cs & Taxation General Manager General Manager General Manager General Manager General Manager General Manager General Manager General Manager General Manager CEO

22

FINAL ACCOUNTS OF BANKING COMPANY

PRODUCT AND SERVICES OF BANK OF BARODA

Wholesale banking Deposit products Saving deposit Current deposit Fixed deposit Loan products Internet banking Demat account NRI service Atm/debit cards Mobile banking Rural banking Treasury services

23

FINAL ACCOUNTS OF BANKING COMPANY

BALANCE SHEET AS ON 31st MARCH, 2012 - BANK OF BARODA

PARTICULARS

SCHEDULE AS ON NO.

AS ON 31-03-2011

31-03-2012

CAPITAL & LIABILITIES CAPITAL Reserves and Surplus Deposits Borrowings Other Liabilities and Provisions TOTAL ASSETS Cash and Balances with Reserve 6 Bank of India Balances with Banks and Money at 7 Call and Short Notice Investments Advances Fixed Assets Other Assets TOTAL Contingent Liabilities Bills for Collection 12 8 9 10 11 83209,40,01 287377,29,35 2341,50,20 10224,73,02 447321,46,70 152502,81,31 22766,99,37 71396,59,21 228676,36,09 2299,71,83 6090,43,63 358397,17,54 127163,87,03 18844,71,94 42517,08,16 30065,88,89 21651,45,96 19868,17,89 1 2 3 4 5 412,38,46 27064,46,61 384871,10,59 23573,05,12 11400,45,92 447321,46,70 329,80,73 20650,72,58 305439,48,19 22307,85,48 9606,30,56 358397,17,54

24

FINAL ACCOUNTS OF BANKING COMPANY

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31st MARCH, 2012
SCHEDULE NO.
1) INCOME Interest Earned Other Income TOTAL 2) EXPENDITURE Interest Expended Operating Expenses Provisions and Contingencies TOTAL 3) PROFIT / LOSS Net Profit for the year Available for appropriation TOTAL 4) APPROPRIATIONS Statutory Reserves Statutory Reserves(foreign) Capital reserves General reserves Special Reserves u/s 36(1) (viii) of Income Tax Act 1961 Proposed Final Dividend (inclusive of Dividend Distribution Tax of ` 37.11 Cr, Investment reserve account Total Earnings per share (68,73,73) 5006,95,62 127.84 (31,40,26) 4241,67,97 116.37 812,29,04 753,35,20 1251,73,91 1,55,80 22,39,86 2453,86,08 533,84,66 1060,41,99 2,46,92 20,99,56 2100,45,56 335,39,00 5006,95,62 4241,67,97 5006,95,62 4241,67,97 15 16 19356,71,23 5158,71,73 3573,66,66 28089,09,62 13083,65,77 4629,83,49 2739,92,93 20453,42,19 13 14 29673,72,42 3422,32,82 33096,05,24 21885,91,56 2809,18,60 24695,10,16

PARTICULARS

AS ON 31-03-2012

AS ON 31-03-2011

25

FINAL ACCOUNTS OF BANKING COMPANY

SCHEDULES
SCHEDULE-1: CAPITAL
PARTICULAR AS 31-03-2012 AUTHORISED CAPITAL 300,00,00,000 3000,00,00 ON AS ON 03-2011 3000,00,00 31-

Equity Shares of ` 10 each 1) ISSUED, SUBSCRIBED, CALLED & PAID UP CAPITAL Opening Balance Additions during the year Equity Shares of ` 10/- each issued during the year. Total number of Shares held by Central Government is 413,85,69 394,27,96

39,82,85,671 2) Perpetual Non-Cumulative Preference Share 0 (PNCPS) Called up capital Add forfeited share TOTAL 411,12,34 1,26,12 412,38,46 391,54.61 1,26,12 392,80,73 0

SCHEDULE-2: RESERVES AND SURPLUS

PARTICULARS As on 03-2012 I) Statutory reserve Opening balance Additions during the year II) Capital reserve Opening balance 2021,30,70 2079,07,35 4612,17,42 1251,73,91 3551,75,43 1060,41,99 31- As on 03-2012 31-

26

FINAL ACCOUNTS OF BANKING COMPANY Additions during the year Other adjustments Deductions Depreciation on revalued fixed assets (76,44,38) transferred to profit & loss account III) Share premium Opening balance Addition during the year IV) a) Revenue and other reserves Statutory reserve (foreign) Opening balance Addition during the year Other adjustments b) Special reserve u/s 36(1)(viii) of Income Tax Act, 1961 Opening Balance Additions during the year c) Foreign Currency Translation Reserve Opening Balance Additions during the year d) Investment Reserve Account Opening Balance Transferred from Other Reserve Transferred to P&L Appropriation A/c. e) Other Reserves (68,73,73) (31,40,26) 68,73,73 100,13,99 49,35,70 647,22,44 (13,43,51) 62,79,21 1025,39,00 533,84,66 690,00,00 335,39,00 89,21,65 1,55,80 11,84,40 85,55,83 2,46,92 1,18,90 4707,60,59 1625,11,20 2273,88,56 2433,72,03 (79,55,26) 22,39,86 7,63,41 20,99,56 79,05

27

FINAL ACCOUNTS OF BANKING COMPANY Opening Balance Transferred to Investment Reserve Account Additions during the year Adjustments TOTAL - IV (a, b, c, d & e) TOTAL (I to IV) 3,70,38 12892,93,90 27064,46,61 2,60,38 9309,63,87 20650,72,58 2453,86,08 8076,93,79 6074,01,84 (100,13,99) 2100,45,56

SCHEDULE-3: DEPOSITS
PARTICULARS AS ON 03-2012 A I Demand Deposits From Banks From Others II III Savings Bank Deposits Term Deposits From Banks From Others TOTAL A (I+II+III) B Deposits of Branches in India Deposits of Branches outside India TOTAL (A+B) 52907,06,49 2228440,15,05 384871,10,59 280135,25,38 104735,85,21 384871,10,59 41032,90,53 176817,88,02 305439,48,19 233323,30,01 72116,18,18 305439,48,19 1124,43,94 27819,92,29 74579,52,82 875,98,04 22258,68,51 644454,03,09 31- AS ON 03-2011 31-

28

FINAL ACCOUNTS OF BANKING COMPANY

SCHEDULES-4 : BORROWINGS
PARTICULARS AS ON AS ON 31-03-2012 I i) ii) iii) iv) v) Borrowings in India Reserve Bank of India Other Banks Other Institutions and Agencies Innovative Perpetual Debt Instruments (IPDI) 168,00,19 410,20,99 1911,70,00 0 31-03-2011 0 350,00,00 114,48,74 471,56,24 1911,70,00 5000,00,00

Hybrid debt capital instruments issued as bonds 5000,00,00 /debentures

vi) vii)

Perpetual Cumulative Preference Shares (PCPS) Redeemable (RCPS) Cumulative Preference

0 0

Shares 0

viii) ix) II

Subordinated Debt TOTAL Borrowings outside India TOTAL (I + II)

2490,00,00 9979,91,18 13593,13,94 23573,05,12

2490,00,00 10337,74,98 11970,10,50 22307,85,48

SCHEDULES-5: OTHER LIABILITIES AND PROVISIONS

PARTICULARS AS ON 03-2012 I II III IV Bills Payable Inter-Office Adjustments (Net) INTEREST ACCRUED CONTINGENT PROVISION 2805,96,51 AGAINST 1390,06,06 2138,29,54 911,35,00 1366,84,43 31- AS ON 03-2011 1651,81,07 31-

STANDARD ASSETS V Others (including provisions) TOTAL (I+II+III+IV+V) 5837,58,92 11400,45,92 4904,84,95 9606,30,56

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FINAL ACCOUNTS OF BANKING COMPANY

SCHEDULE-6: CASH AND BALANCES WITH RBI

PARTICULARS AS ON 03-2012 I II Cash in hand (including foreign currency notes) Balances with Reserve Bank of India In Current Account In Other Accounts TOTAL (I+II) 20450,67,33 0 21651,45,96 18511,11,13 0 19868,17,89 1200,78,63 31- AS ON 03-2011 1357,06,76 31-

SCHEDULE 7: BALANCES WITH BANKS AND MONEY AT CALL AND SHORT NOTICE
PARTICULARS AS ON 03-2012 I i) In India Balances with Banks Current Accounts in other Deposit Accounts ii) Money at Call and Short Notice with banks with other institutions Total II i) ii) iii) Outside India in Current Accounts in other Deposit Accounts Money at Call and Short Notice Total TOTAL (I + II) 7773,20,19 15668,49,67 15216,72,11 38658,41,97 42517,08,97 4869,00,14 11276,17,90 12153,14,93 28298,32,97 30065,88,89 3858,66,19 17,67,55,92 50,00,00 254,43,24 3554,22,95 247,67,89 1519,88,03 31- AS ON 03-2011 31-

30

FINAL ACCOUNTS OF BANKING COMPANY

SCHEDULE 8: INVESTMENTS
Particulars As on 03-2012 I Investments in India (gross) Less: provision for depreciation Total Government securities Other approved securities Shares Debentures and bonds Subsidiaries and/or associates Others Total II Investments outside India (gross) 2347,41,76 537,34,76 4324,24,70 83209,40,01 nil 2277,27,36 402,54,39 3582,37,74 71396,59,21 Nil 4094,48,61 150,08,03 3944,40,58 1059,64,08 31- As on 03-2011 3739,46,94 143,21,17 3596,25,77 916,44,02 31-

SCHEDULE 9- ADVANCES
PARTICULARS As 31-03-2012 A) i) ii) Bills Purchased and Discounted Cash Credits, Overdrafts and Loans Repayable on Demand iii) Term Loans TOTAL A(i to iii) B) i) Secured by Tangible Assets (includes advances against Book Debts) ii) Covered by Bank/Government Guarantees iii) Unsecured TOTAL B(i to iii) 46935,99,66 287377,29,35 49102,34,25 228676,36,09 50360,86,29 33889,56,62 126857,89,42 287377,29,35 190080,43,40 101181,59,71 228676,36,09 145684,45,22 39117,90,23 121401,49,70 on As 31-03-2012 29689,90,20 97804,86,18 on

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FINAL ACCOUNTS OF BANKING COMPANY C) I) i) ii) Advances in India Priority Sector Public Sector 64909,93,48 23704,48,27 2095,10,85 111365,86,96 54909,27,21 23053,89,13 520,78,73 90923,91,42

iii) Banks iv) Others II) i) ii) a) Advances Outside India Due from Banks Due from Others Bills Purchased & Discounted b) c) Syndicated Loans Others TOTAL C(i & ii)

119,49,70

33315,39,60

25851,45,42

12068,97,80 39917,52,39 287377,29,35

9529,92,14 23767,62,34 228676,36,09

SCHEDULE 10- FIXED ASSETS

PARTICULARS As on 03-2012 I) Premises At cost/revalued amount as on 31st March of the preceding year Additions/adjustments during the year (Includes revalued amount) Deductions/adjustments during the year Less: Depreciation/ Amortisation to date II) Other Fixed Assets 2059,71,72 1810,48,05 813,03,56 712,12,97 2585,40,67 1,26,78 2490,38,12 1,93,85 96,96,40 48,22,01 2488,44,27 2442,16,11 31- As on 03-2012 31-

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FINAL ACCOUNTS OF BANKING COMPANY (including Furniture & Fixtures) At cost/valued amount as on 31st March of the preceding 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 31st March of the preceding year Less : Depreciation to date TOTAL (I to III) 2341,50,20 13,95,89 2299,71,83 13,95,89 1767,04,95 1536,31,19 59,84,30 60,85,77 337,57,40 310,09,44

SCHEDULE 11-OTHER ASSETS

PARTICULARS As 31-03-2012 I) II) III) Inter-Office Adjustments (Net) Interest accrued 354,64,99 3515,91,88 on As on 03-2011 274,24,46 2433,59,22 1316,28,35 31-

Tax paid in advance/tax deducted at source 1993,11,31 (net of provisions)

IV) V)

Stationery and Stamps Non-banking assets acquired in satisfaction of claims (Net of Depreciation)

7,07,33

7,08,28

VI)

Others TOTAL (I+II+III+IV+V+VI)

4353,97,51 10224,73,02

2059,23,32 6090,43,63

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FINAL ACCOUNTS OF BANKING COMPANY

SCHEDULE 12-CONTINGENT LIABILITIES

PARTICULARS

As 31-03-2012

on As on 03-2011 232,56,06

31-

I)

Claims against the bank not acknowledged as 64,73,47 debts

II)

Liability for partly paid Investments/venture 28,00 fund 58,38,16

28,00

III)

Liability on account of outstanding forward 93031,85,80 exchange contracts

78432,99,31

IV)

Guarantee given on behalf of constituents -IN INDIA -IN OUTSIDE INDIA 13765,92,57 9979,65,84 and other 17950,28,63 11780,04,65 7678,15,84 14890,95,28

V)

Acceptances, obligations

endorsements

VI)

Other items for which bank is contingently 17710,07,00 liable - Estimated amount of contracts remaining to be executed on capital accounts not provided for -Others TOTAL (I+II+III+IV+V+VI) 152502,81,31

14148,87,89

127163,87,03

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FINAL ACCOUNTS OF BANKING COMPANY

SCHEDULE 13-INTEREST EARNED

PARTICULARS

As 31-03-2012

on As on 03-2011 16183,76,26 4774,78,27 494,49,37

31-

I II III

Interest/Discount on Advances/Bills Income on investments

22369,40,96 6184,72,95

Interest on balances with Reserve Bank of 837,43,27 India and other inter bank funds

IV

Others TOTAL (I+II+III+IV)

282,15,24 29673,72,42

432,87,66 21885,91,56

SCHEDULE 14: OTHER INCOME

PARTICULARS

As 31-03-2012

on As 31-03-2011 1020,63,83 472,95,89 29,25,53 1,37,25 1,54,68

on

I) II)

Commission, Exchange and Brokerage Profit on sale of investments Less: Loss on sale of investments

1226,08,44 643,15,79 36,48,69 2,57,17

III)

Profit on sale of land, buildings & other assets

Less: Loss on sale of land, buildings & other 1,76,03 assets IV) Profit on Exchange Transactions Loss on Exchange Transactions V) VI) Income earned by way of dividend Miscellaneous Income TOTAL (I+II+III+IV+V+VI) 690,77,15 4,66,14 25,57,86 877,07,27 3422,32,82

515,14,49 37,46 28,46,80 801,78,01 2809,18,60

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FINAL ACCOUNTS OF BANKING COMPANY

SCHEDULE 15: INTEREST EXPENDED

PARTICULARS As 31-03-2012 I) II) Interest on Deposits 17770,71,70 on As 31-03-2011 11862,60,66 345,34,80 on

Interest on Reserve Bank of India/Inter Bank 631,14,76 borrowings

III)

Others Total(I+II+III)

954,84,77 19356,71,23

875,70,31 13083,65,77

SCHEDULE 16: OPERATING EXPENSES

PARTICULARS As 31-03-2012 I) II) III) IV) V) VI) VII) Payments to and provisions for employees Rent, taxes and lighting Printing and stationery Advertisement and publicity Depreciation on bank's property Directors' fees, allowances and expenses 2985,57,91 415,73,56 38,80,56 58,15,34 276,56,52 1,17,59 on As 31-03-2011 2916,78,26 357,10,18 32,46,90 57,51,10 243,04,10 85,91 38,85,46 on

Auditors' fees and expenses (including branch 39,64,82 auditors)

VIII) IX) X) XI) XII)

Law charges Postage, telegrams, telephones etc. Repairs and maintenance Insurance Other expenditure

22,12,49 99,32,85 168,90,38 277,20,30 775,49,41

18,87,90 88,08,74 110,44,95 229,68,16 536,11,83 4629,83,49

Total(I+II+III+IV+V+VI+VII+VIII+IX+X+XI+XII 5158,71,73 )

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FINAL ACCOUNTS OF BANKING COMPANY

INTEREST RATES FEDERAL BANK

Interest rates for Resident Term Deposits effective from 19September-2012

Rs.15 Lakhs to less Period

7 days to 14 days 15 days to 29 days 30 days to 45 days 46 days to 90 days 91days to 180 days 181 days to less than 1 year 1 year only Above 1 year

Less than Rs.15 Lakhs than Rs.100 Lakhs

5.00% 5.00% 5.00% 7.00% 7.00% 8.50% 9.00% 8.75% 5.00% 5.00% 5.00% 7.00% 7.00% 8.50% 9.00% 8.75%

INTEREST RATES FOR NRE FIXED DEPOSITS EFFECTIVE FROM 19-SEPTEMBER-2012

Period
1 year only Above 1 year

Less than Rs. 1 Crore

9.00% 8.75%

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FINAL ACCOUNTS OF BANKING COMPANY

BANK OF BARODA Interest Rates on Deposits (Domestic & NRI) (Per Annum) (Fresh & Renewal)
Maturity Range Below Rs 15 Lacs Rs 15 Lacs to less than Rs 1 Cr.
7 days to 14 days 15 days to 45 days 46 days to 90 days 91 days to 180 days 181 days to 270 days 4.50% 4.50% 6.25% 7.00% 7.50% 4.50% 4.50% 6.50% 7.25% 7.50% 7.75%

271 days & above and 7.75% less than 1 year 1 year and above up to 3 9.00% years

9.00%

NRE TERM (RUPEE) DEPOSITS (w.e.f 13.08.2012) Maturity Period Rate of Interest Up to Rs.15 Lac Rs.15 Lac to less than Rs. 1 crore
9.00%

1 year & above up 9.00% to 3 years Above 3 year up to 9.00% 10 years

9.00%

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FINAL ACCOUNTS OF BANKING COMPANY

COMPARISON BETWEEN FEDERAL BANK AND BANK OF BARODA

INTEREST RATE ANALYSIS. The interest rate provided by federal bank is 5% and bank of Baroda is 5% .so customer will like to deposit in federal bank as it provides more interest rate. But interest rate on loan provided by Federal bank is 15.45 and Bank of Baroda is 14.75.so customer likely to take loan from Bank of Baroda as it charges less interest rate as compared to federal bank.

ASSETS
Assets are bought to increase the value of a firm or benefit the firm's operations. Assets are something that can generate cash flow. Total asset of Bank of Baroda is 447321,46,70 and of federal bank is 60626,77,21.here we can see that federal bank asset is much higher than bank of Baroda. So we can say that federal banks performance much better than bank of Baroda

LIABILITY
A liability is defined as an obligation of the bank which is to be payable. Total Liability of federal bank is 60626,77,21 and Bank of Barodas is 44732146,70. Mainly people dont prefer to keep their deposit in the bank which has more liability. Bank of Baroda has more liability as compared to federal bank. It means Bank of Barodas financial position is not so good.

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FINAL ACCOUNTS OF BANKING COMPANY

DIVIDEND RATE

Boards of directors of federal bank are recommended with a dividend of Rs 9 per share. Boards of directors of Bank of Baroda are recommended to provide a dividend of Rs 10 per share. Investor may prefer Bank of Baroda because they are providing more dividends compared to federal bank.

NET PROFIT

Net profit is referred to as net income to measure of the profitability of a bank. Net profit of Federal bank is Rs 802,57,61 and Bank of Baroda is Rs 5006,95,62.the financial performance of Bank is Baroda is better as compared to federal bank. Customer may prefer Bank of Baroda because their net profit is much higher.

40

FINAL ACCOUNTS OF BANKING COMPANY

BIBLIOGRAPHY
http://www.bankofbaroda.com/ http://www.moneycontrol.com http://economictimes.indiatimes.com http://www.federalbank.co.in http://www.prokerala.com/banking http://en.wikipedia.org http://business.mapsofindia.com

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