AGM Report 2020-2021

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Sl No. Page No.
1. 2020-2021£ÉÃ ¸Á°£À ªÁ¶ðPÀ ¸À¨sÉAiÀÄ ¸ÀÆZÀ£Á ¥ÀvÀæ 02 - 03

Meeting Notice for the year 2020-21
2. 2020-2021£ÉÃ ¸Á°£À DqÀ½vÀ ªÀgÀ¢ 04 - 09

Directors Report for the year 2020-21
3. ¢£ÁAPÀ 12-12-2020 gÀAzÀÄ £ÀqÉzÀ PÀ¼ÉzÀ ¸Á°£À ¸ÀªÀð ¸ÀzÀ¸ÀågÀ ¸À¨sÉAiÀÄ £ÀqÉªÀ½UÀ¼ÀÄ 10 - 16
Minutes of the Previous Annual General Meeting held on 12-12-2020
4. PÀæªÀÄ PÉÊUÉÆAqÀ ªÀgÀ¢ - 17

Action taken report
5. 2020-2021£ÉÃ ¸Á°£À ¥Àj±ÉÆÃ¢üvÀ ¯ÉPÀÌ¥ÀvÀæUÀ¼ÀÄ ªÀÄvÀÄÛ ªÀgÀ¢ 18 - 47

Audited Statement of Accounts for the year 2020-21 and Report
6. 2020-2021£ÉÃ ¸Á°£À ¤ªÀé¼À ¯Á¨sÀzÀ ºÀAaPÉ - 48

Appropriation of Net Profit for the year 2020-21
7. 2021-2022£ÃÉ ¸Á°£À DAiÄÀ-ªåÀAiÄÀ ºÁUÆ

À 2020-2021£ÃÉ ¸Á°£À ºZ
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Budget for the year 2021-22 and excess of expenditure over the
budget grant for the year 2020-21
8. ¨ÁåAQ£À G¥À¤AiÀÄªÀÄUÀ¼À wzÀÄÝ¥Àr. 50 - 51

Amendment to Bye-Laws
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[email protected] UÉ E-ªÉÄÃ¯ï PÀ¼ÀÄ»¸À§ºÀÄzÀÄ.
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RÄzÁÝV ¹éÃmï ¨ÁPïìUÀ¼À£ÀÄß vÉUÉzÀÄPÉÆ¼Àî¨ÉÃPÉAzÀÄ «£ÀAw¸À¯ÁVzÉ.
2
The Accountant General's Office Employees'
Co-operative Bank Limited
Park House Road, Bengaluru - 560001.
MEETING NOTICE
The 67th Annual General Meeting of the Members of The Accountant General's Office
th
Employees' Co-operative Bank Limited, Bengaluru, will be held on Saturday the 14 August
2021 at 11.00a.m. through Video Conferencing (VC) / Other Audio-Visual Means (OAVM), to
consider the following Business.
AGENDA
1. Invocation.
2. Welcome Speech and Directors Report
3. Reading and Recording of Meeting Notice for the year 2020-21
4. Adoption of Minutes of the Previous Annual General Meeting held on 12-12-2020.
5. Adoption of Directors Report for the year 2020-21
6. Adoption of Audited Statement of Accounts for the year 2020-21
7. Appropriation of Net Profit for the year 2020-21
8. Approval of Budget for the year 2021-22 and excess of expenditure over the budget
grant for the year 2020-21
9. To consider appointment of Statutory Auditors for the financial year 2021-2022
10. Amendment to Bye-Laws
11. Other Subjects (other than amendment to Bye-laws) if any with the permission of the
Chair.
By Order of the Board

Place : Bengaluru Harish Kashyap
Date : 29/07/2021 Chief Executive (Incharge)
Unni Krishnan A
President
Note:
Any member who wants to discuss any subject under Sl. No. 11 of the agenda, may
v
intimate in writing to the Chief Executive (Incharge) / President or email the same to
[email protected] on or before 07th August 2021.
The Annual Report and the details regarding Virtual meeting / Video Conference will be
v
available on the Bank's Website www.agsbank.com before the meeting.
All members are requested to collect the sweet Box in person from the Bank between
th st
16 August 2021 and 21 August 2021 during Business Hours
3
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6
The Accountant Generals' Office Employees'
Co-operative Bank Limited,
Dear Members,
On behalf of the Board of Directors I have great pleasure in presenting, the 67th Annual
Report of The Accountant General's Office Employees' Co-operative Bank Limited together with
audited accounts by the Statutory Auditors for the year ended 31st March 2021 before the
Honourable members of the General Body of the Bank.
It is a matter of pride that our Bank, which was established in 1954, has successfully
completed its 67 years of valuable service to the members. At this juncture, on behalf of the
Board of Directors, I sincerely thank the efforts of all those past and present members who are
responsible in making our Bank as one of the best managed Co-operative Banks in the State.
This is evident from the consistent improvements in the business of the bank, profits earned
during the previous years and the quality of services rendered. This kind of operational
excellence could not have been achieved but for the help and support of the members and staff.
Our bank's sustained performance reflected in continuous asset creation in the form of
providing higher loan to the members, dividend and value to the customer's inspite of giving loan
at a lower rate of interest compared to the prevailing market, which provided a base for the
members to create assets.
In this calendar year also there had been ups and downs for the bank especially during the
Covid-19 times and we could overcome all the issues with the active support of the members
who stood with strong supporting the management.
PERFORMANCE HIGHLIGHTS-FINANCIAL PARAMETERS
Here is a bird's eye-view of the performance of our Bank for the financial year 2020-21:
v
Net profit of the bank was ` 1.20 crore.
v
Total deposits was ` 170.48 crore indicating continuous patronage and confidence of
members and general public.
v
Total advances was ` 113.25 crore.
v
Share capital stood at ` 8.59 crore which was 8.44 crore with net increase of 1.77 percent. 22
Regular Members, 3 Associate Members & 52 Nominal Members were enrolled during the year.
v
Investments stood at ` 71.36 crore.
v
Credit-Deposit ratio stood at 66.43 percent.
v
CRAR has increased by 1.05% from 13.05 % to 14.05% due to better investments &
creation of own reserves.
WELFARE INITIATIVES
The Bank has been undertaking various welfare measures for the benefit of the m e m b e r s .
Some of the facilities extended to the members are indicated below:
7
v Two Insurance schemes viz., Prime Minister's Suraksha Bima Yojana and Prime Minister's
Jeevan Jyoti Bima Yojana launched by the Hon'ble Prime Minister of India were continued
during the current year. As on date, 470 number of customers and 207 number of members
respectively continued to contribute to the scheme.
v
Medical reimbursement of ` 2.01 lakh was sanctioned to 6 members.
v
An amount of ` 72.00 lakh was paid out of Death relief fund to 6 bereaved families.
v
For the past 2 years the Prathibha Puraskar programme could not be held due the
pandemic. During the Current Year, the Cash Component is credited to the
Member's Savings Bank Account & the Mementoes will be given after the Covid-19
situation relaxes.
v
During the year, 70 of our members, who retired from service were felicitated by our Bank.
v
Free health check-up facility to our retired staff also continued.
STATUTORY & INTERNAL AUDIT ARRANGEMENT
The Accounts of the Bank are subject to biennial Inspection by the Reserve Bank of India.
The Registrar of Co-operative Societies, Statutory Auditors carry out Annual Audit of the
Accounts of the Bank. The Audit by Statutory Auditors have since been completed. Besides
these, the accounts are also concurrently audited by Chartered Accountants.
Apart from concurrent auditors, the Internal Auditors consisting of Two Directors of the
Board reviews working of the Bank. They have been assigned the responsibility of examining
and ensuring adherence to systems and procedures, policies, directives and guidelines of the
Reserve Bank and to report the deficiencies, if any, to the Board.
CAPACITY BUILDING
v
Bank continues to offers special services such as SMS alerts, filing of Income tax
returns of the serving staff members, ECS facility to the customers.
v
New Mobile Application is released with advanced features to transfer funds through
QR Code, Opening of Deposit Account and to view customer's profile.
v
To support the Go-Green initiative, option to download various Interest certificates
necessary for filing of Income Tax Returns (Deposit Interest Certificate, Housing
Loan Interest Certificate, Education Loan Interest Certificate) has been provided in the
Mobile Application .
v
New Section captioned as “Quick Links” has been included in the Bank's website which
provides the customer options to file Debit Card related disputes, send their feedback. It also
includes an option to download the Bank's Mobile Application & Sarvatra Card Safe App to
ensure that the Customer downloads the genuine application. These links can also be
accessed by the customer by scanning the QR Code that is displayed in the Bank premises.
v
In view of the pandemic and to avoid member's queue for filing of Income Tax Returns, an
option is made available through which members can upload the necessary data and
certificates and get their Income Tax Returns Filed.
8
v
Further action has been initiated to implement IMPS and UPI services to the
customers, Implementation of which could not be completed during the year, as
there was restrictions in the National Payments Corporation of India. However we are
making our best efforts for Go-Live.
ACKNOWLEDGEMENT:
On behalf of the Board of Directors, I take this opportunity to thank all the members and
customers for their continued co-operation. The Board of Directors also acknowledges the
valuable suggestions and support of:
v
All the Heads of offices coming under the Indian Audit and Accounts Department
located in the State of Karnataka.
v
The Reserve Bank of India, Joint Registrar of Co-operative Societies, HDFC Bank Limited,
IDBI Banks, Kotak Mahindra Bank, Karnataka State Co-operative Apex Bank Limited, all
our esteemed investors and depositors, Statutory Auditors, M/s Processware Systems
Private Limited and M/S Sarvatra Technologies for facilitating in the smooth conduct of our
banking business in an IT environment and various Associations/Organisations within
Indian Audit and Accounts Department.
It is only because of your whole-hearted co-operation, support and guidance that the
Bank has been able to provide efficient and quality services to the satisfaction of our
members and also to accomplish the responsibility vested upon the Board of Directors.
I look forward to your continued co-operation, valuable suggestions and support in the days
to come. I also assure you that it shall be our endeavour to deliver quality, prompt and efficient
services to all our members.
The Board of Directors also appreciates the staff of the Bank for their dedicated services
and co-operation in achieving the objectives and desired results.
For and on behalf of the
Board of Directors
UNNI KRISHNAN.A
President
PÉ®¸ÀzÀ ªÉÃ¼É / WORKING HOURS

¸ÉÆÃªÀÄªÁgÀ¢AzÀ ±À¤ªÁgÀzÀªÀgÉUÉ / Monday to Saturday
10-00 a.m. to 1-00 p.m. and 1-30 p.m. to 4-00 p.m.
¨sÁ£ÀÄªÁgÀ, 2£ÉÃ ªÀÄvÀÄÛ 4£ÉÃ ±À¤ªÁgÀ gÀeÁ ¢£À /
Sunday, 2nd and 4thSaturday Holiday
9
th
Minutes of the 66 Annual General Meeting of The Accountant General's Office
Employees' Co-operative Bank Ltd., held virtually on 12-12-2020 at 11.00 am
MEMBERS PRESENT :
Hosting the Meeting President - Sri Unnikrishnan A
Vice President - Sri Srinivasan B
Chief Executive - Sri Harish Kashyap
Participating in the Meeting Members of the bank.
1. INVOCATION
Annual General meeting commenced at 11.00am with the invocation by Sri Girisha. H K
2. WELCOME SPEECH
th
Sri Unnikrishnan. A, President welcomed the general body to the 66 Annual General
Meeting of the year 2019-20. He sincerely thanked all the board members of the previous
committees of the bank for the contributions that they have made. The president also thanked
the Members, Directors for the progress of the Bank since its beginning inthe year1954 as a co-
operative society. President stated that, because of the support of the bank members and retired
members, we are able to give different kinds of loan and create assets or more wealth for
members due to enhanced deposits etc.
He mentioned that during the calendar year the Bank had seen ups and downs especially
during the Covid-19 times and bank could overcome all the issues with the active support of the
members who stood strong supporting the management. Due to efficient fund management the
profit of the Bank during the Financial year was 2.67 crore which included the profit on sale of
Anand Nagar site. He also stated that the Total deposits of the bank was Rs. 147.59 crore as on
31st March 2020, the total advances was Rs.117.12 crore, Banks Share Capital stood at 8.44
crore with a net increase of 3.69 percent, Banks Investments stood at Rs. 44.06 crore while the
Credit-Deposit ratio was 79.37 percent, CRAR had increased by 1.01% from 12.04 % to 13.05%
due to better investments & creation of own reserves. All welfare measures initiated that were
implemented in previous years, were continued, such as the insurance scheme, Medical re-
imbursement scheme, Death Relief Scheme, felicitating the retired members and giving a fixed
deposit of Rs.5000/- each for retired bank members in place of mementoes.
The bank is subject to audit as per RBI, the internal auditors, statutory auditors conduct the
audit and reports submitted quarterly. Internal and statutory auditors ensures the policies,
procedures and directives and rules of RBI is followed. He mentioned that the bank was unable
to organize the Prathibha Puraskara Program during the year due to Covid-19 pandemic. He
informed the members that due to covid-19, Bank was unable to complete the implementation of
IMPS & UPI and action was taken to reinitiate the process and the said services will be made
available to the members shortly. On behalf of the board of directors the president thanked all
members and customers of the bank for their continued Co-Operation. He also thanked for the
valuable suggestion from all heads of office coming under the IAAD located in the state of
Karnataka, various associations including the Karnataka State IA & AD Pensioners Association,
10
Reserve Bank of India, Joint Registrar of Co-operative societies, HDFC, Kotak Mahindra Bank,
Apex Bank, all the esteemed investors, depositors, auditors and M/s Processware Systems
Private Limited and M/s Sarvatra Technologies for their support and various association and
organisations. The president extended his thanks for the valuable support of the members and
further looks forward for the cooperation to take the Bank to higher levels to render quality
services. The staff of the bank was also thanked for their support for running the bank.
3. READING AND RECORDING OF MEETING NOTICE FOR 2018-19.
The Chief Executive read the meeting notice and requested to approve the meeting notice.
The subject was taken as read and approved.
Mr. Vinod K P (M. No. 4107)proposed and the same was seconded by Mr. Ramesh Kumar
(M. No. 3920), the General body approved the same.
4. ADOPTION OF MINUTES OF THE PREVIOUS GENERAL MEETING HELD ON 03-08-2019.
The Chief Executive requested the General body to approve the previous General Meeting.
The subject was taken as read and approved.
Mr. Vishwanath V (M. No. 3900) proposed the same and taken as read, seconded by M r .
Gopal U (M. No. 3719)
5. ADOPTION OF DIRECTORS REPORT FOR THE YEAR 2019-20:
The subject was taken as read and approved. Director's report was proposed by Mr.
Sadashiva Shankar R (M. No. 3585), seconded by Mr. Milan L G (M. No. 4359).
6. ADOPTION OF AUDITED STATEMENT OF ACCOUNTS FOR THE YEAR 2019-20.
The topic was kept open by the Chief Executive, for discussion Mr. Vishwanath V (M. No.
3900)sought for clarification on the Electricity Charges being a constant figure over the year, the
details and reason for drastic increase in Legal Professional Charges, Statutory Audit Fees,
Telephone Charges, Contingency Expenses, Medical / Retirement expenses and Profit on Sale
of Government Securities & Loss on sale of Government Securities. The President providing the
details for each of the above informed the august body that, the Electricity Charges is a fixed
amount that is being paid to the office every month and there will be a change in this only when
there is an upward or a downward revision by the Office Administration. The Legal fees pertain to
the non-deduction of Salary and Eviction cases that have been filed by the Bank in High Court
with the help of a Legal Consultant. The Statutory Audit Fees had increased due to the fact that
the provision for Professional Fees for Filing of Income Tax Returns was not done during the
previous year and had to be booked as an expense during the current year. Purchase of Bulk
SMS package of 5,00,000 SMS from Processware Systems Pvt. Ltd was accounted under
telephone expenses. The accounting of payment made to a contract person whose services was
taken on temporary basis was the reason behind increase in Contingency expenses. The
increase in the Medical and retirement function expenses was because of issue of Deposit
Certificate for an amount of Rs. 5000/- to all the members of the Bank who retire from service.
The Profit on Sale of Government Securities as income was accounted separately and the loss
pertains to loss incurred in one of the Mutual Fund investment was accounted separately. It was
11
inevitable to redeem the Mutual fund as it was the policy of the Board not to have any mutual
funds at the end of the financial year. Mr. Vishwanath V (M. No. 3900) suggested that the policy
may be revised to avoid this kind of losses. President welcomed the suggestion of Mr.
Vishwanath V(M. No. 3900) and he said that he would place it before the Board for revision of the
policy.
Mr. Deepak Kumar Singh (M. No. 5057) expressed that he had not received the Annual
Report and suggested that the distribution of Books be done, President clarified that one copy of
the Annual Report was given to every section and additional copies were made available in the
Bank and members can take copies from the Bank.
Mr. Sanjeev C (M. No. 3916) wanted to know why a provision towards Investment
Fluctuation Fund was made as it had to be an appropriation of Net-Profit. Clarifying this
President explained that as per RBI 5% on the Securities held by the Bank under the AFS
category has to be kept under IFR (Investment Fluctuation Reserve) which amount to Rs. 53.00
lakh and we have committed to RBI that by the year 2021 it will be provided for in full. But the
commitment cannot be met if it is only through Appropriation of Net-Profit as it will be only 20 lakh
at 10 lakh per year for 2 years which will not be sufficient as per the Net Profit Appropriation
amendments approved by the General Body.
Mr. Shashi Kumar Sharma (M. No. 4883) wanted to know details of expenditure booked
under Donations and Contributions, President gave the details for the same which consisted of
expenses towards the Amphi Theatre in the New Building, sponsoring the Walkathon and other
related functions of our Office.
Ms. Shobha C (M. No. 3902) was of the opinion that when a substantial amount was paid
towards filling of Income Tax Returns, the representatives from the auditors firm are expected to
be a little patient and not harsh with the members. President replied he will talk to the concerned
and ensure that no such instance will repeat in future.
Mr. Guru Prasad M S (M. No. 3949)advised that the committee has to take more care while
investing in Mutual Funds. At the end of the discussion the Audited Accounts was approved. The
approval of the Audited Statement of Accounts for the Year 2019-20was proposed by Mr.
Prasanna L C (M. No. 4311)and seconded by Mr. Hemanth Kumar V (M. No. 4568).
7. Appropriation of Net Profit for the year 2019-20.
Chief Executive kept the subject open for discussion, Mr. Deepak Kumar Singh wanted
justification as to why the bank had not passed on the benefit of moratorium to members and also
why the Dividend has not been distributed. President provided the justification that the on
receiving the circulars from Reserve Bank of India we had written a letter to RBI seeking
clarification on the same and RBI replied that Moratorium benefit can be extended only to those
who had suffered from loss of income and the accounts that would have been provided with this
benefit would be subject to supervisory review and has to be justified on account of economic
fallout. And in the case of Dividend RBI had clearly said through its circular that it should not be
distributed. Answering to the Question of Ms. Anitha Raj who wanted to know whether the
dividend for the year 2019-20 can be converted into Bonus shares, for which the President said
that there is no provision under the Byelaws of the Bank for providing for Bonus Shares.
12
Mr. Chetan Kumar Pundlik Ganhachari (M. No. 4983)referring to the Reserve Bank of India
circular dated 04/12/2020 opined that it was directed towards those banks that were incurring
losses not to distribute dividend and to absorb the losses. President clarified that it was not a
specific order but it was an in general order prohibiting all banks from distributing dividend.
Mr. Sanjeev C (M. No. 3916) wanted details regarding purpose and utilization of Charity
Fund, Staff Benevolent Fund and Erosion of Assets Funds. President giving details about the
fund said that all the items found under Net Profit Appropriation and utilization is a compulsory
guidelines under the KCS Act and the same is being adopted the percentages is also as per the
guidelines and it is in place since 2015. The Staff Benevolent fund is created for the welfare of
the staff and by this staff are sanctioned a Interest Free Loan of Rs.25,000/- and Erosion of
Assets fund is for unforeseen circumstance where there may be loss of Assets of the Bank.
Mr. Vinod K P (M. No. 4107) sought clarification as to if the undistributed divided can be
parked kept in Dividend Equalization Fund and made use of in the years to come to distribute as
dividend. President stated that the amount that can be appropriated as per the Net Profit
Appropriation rules as provided in the KCS Act and approved by the General Body.
The subject was taken as read and approved. Mr. Vinod K P (M. No. 4107)proposed the
Net Profit Appropriation and it was seconded by Mr. Sanjeev C (M. No. 3916) the General body
approved the same.
8. Approval of Budget for the year 2020-21 and excess of expenditure over the
budget grant for the year 2019-20.
Chief Executive kept the subject open for discussion and approval. The subject was taken
as read and approved.
Mr. Satish Kumar(M. No. 4659) proposed the subject and was seconded by Mr. Rajesh C
(M. No. 4058). It was approved by the General Body.
9. Appointment of Auditors for the year 2019-20.
The Secretary had put forth that 3 applicants for the appointment of Auditors have been
received. Board recommended M/s H C Shekhar and company as the auditor for the year 2020-
21. The subject was taken as read and approved.
This proposal was done by Mr. Deepak Kumar Singh (M. No. 5057) and seconded by
Chittibabu J V (M. No. 3914).
10. Amendment to Bye-Laws.
President informed that this was a forced amendment from the Government it had no
financial implication on the Bank it was about the qualification and appointment of the Chief
Executive of the Bank. Ms. Shobha C (M. No. 3902) asked that when Bank will be getting a Full
Time Chief Executive for which President replied that after checking the Legal aspects an
appropriate action will be taken in the coming days.
13
This subject was proposed by Ms. Shobha C (M. No. 3902) and was seconded by Mr. Satish
Kumar L (M. No. 4659).
11. Other subjects (other than amendment to Bye-laws), if any with the permission of the
Chair.
The Chief Executive kept open the subject for discussion. Mr. Venu B K (M. No. 3946)
pointed out that there were some cases where Bank has insisted on surety Salary also to be
credited to the Bank's Account in addition to the loanee's salary, but in some cases loanees'
salary is not crediting to his account with AGSBank but the loan has been sanctioned. President
said that this cannot happen but still if there are any such cases bank will take appropriate action.
The insisting of both the Loanees & Co-Obligants salary to be credited to their SB Accounts with
AGS Bank was a Policy decision. President also requested the members to give the details of
the member to whom loan has been sanctioned without the surety's salary not being credited to
our Bank.
Mr. Mahadev R (M. No. 4178)suggested reducing interest on loans for which President said
that the Bank has to hold deposits to give loans so request you to kindly be patient.
Mr. Deepak Kumar Singh (M. No. 5057) suggested categorizing the loans based on the
sanction amount and amount of 1lakh to 3 lakh may be sanctioned without surety. President
informed that that no loans can be sanctioned without sufficient security and this is a compulsory
Guideline issued by the Reserve Bank India.
Mr. Vijay Chakravarthy T (M. No. 4417) referring the fraudulent transactions that had
happened with him wanted to if Bank has plans to have Insurance in this respect. President said
that as a first step the Card Safe App has been provided.
Mr. Shashi Kumar Sharma (M. No. 4883) wanted to know the reason as to why the bank is
not revising the Rate of Interest immediately when the RBI revises the REPO & Reverse REPO
rates. President replied that these are basically applicable for Scheduled / Commercial Banks
who take loans from RBI and park funds with RBI but our Bank is not allowed to take loan or
Invest with RBI. So the rate change by Reserve Bank of India doesn't affect us. Our Rate of
Interest is not dependent on the RBI Interest Change or the Monetary Policy. Prime Lending Rate
is fixed by the individual banks based on their costof Deposits and our Bank's interest is fixed only
on the basis of the cost of deposits and is operating with a very less margin. Information is passed
from Bank. Mr. Shashi said that there were some instances where loan information passed to
some other person. President said that the committee was very serious with this matter and
there are very less chances that such a thing has happened and asked to bring it to the notice of
the President or any of the committee members or to the knowledge of the Chief Executive
personally so that the same can be investigated and appropriate action will be taken.
Mr. Rakesh Kumar (M. No. 5012) wanted to know why the Bank is insisting on the
confirmation letter for availing loan and this is a latest change in policy by the bank. Director of
the Bank Mr. Raghavendra S, with the permission of the President replied that there were
14
instances in which after loan sanction some of the loanees had quit their job which resulted in
bad debts. So it was a policy decision consciously taken by the Board to insist on cadre
confirmation letter for sanctioning of Loan.
Mr. Sreekanth M S (M. No. 3212) appreciated the discussions that were happening
through the Virtual platform and said that since there was no expenditure as the Meeting is
conducted virtually and to give sweet boxes to all members. President brought to the notice to all
the members that there was a cost to the extent of 75% of the previous year's cost for conducting
the meeting virtually and also informed that as printed on the annual report all members can
th th
collect the sweet boxes from the Bank premises between 14 and 19 of December 2020 during
the Business hours of the Bank.
Mr. Sanjeev C (M. No. 3916)also suggested that an Insurance against fraud be taken by
the bank by collecting nominal fees from the members. President replied that currently the NEFT
/ RTGS that is being used are secured as it has no direct access or the settlement is not
automatic. Till the Bank goes live on UPI / IMPS the Card Safe can be used as a protective tool.
Once we are live on UPI & IMPS Platforms this will be discussed in the Board and an appropriate
decision will be taken.
Mr. Girish Aradhya B (M. No. 4682) wanted to know how the interest of the Bank is
protected if both surety and loanee are NPS and suggested to take necessary precautions in
such cases protect the Bank. He also wanted to know why the transfer from HDFC Bank to our
Bank Account is not possible. He appreciated the New Version of the Mobile Application and
suggested an option to post the grievance through the Mobile App. For which the Chief
Executive informed that this was due to mismatch in the length of the Account Number and that
Bank is working out on a solution to resolve this issue. And with respect of posting grievance the
Chief Executive said that Bank has already planned for the same and will be made available in
the coming version of the Mobile Application.Mr. Girish Aradhya B(M. No. 4682) also suggested
that the NEFT/RTGS processing has to be fastened and also wanted to know if Bank has any
plans of issuing Credit Cards for which President replied that due to lesser staff there is a delay
and Bank has no permission to issue Credit Cards.
Mr. Kiran Kumar D (M. No. 4845) wanted to know when the App for IOS Users can be
expected. President replied saying that as mentioned in the Action taken report, as the cost of
development and maintenance of IOS App is very high, bank is alternatively has applied for the
Internet Banking License with RBI and on receipt of that, bank will be providing the facility of
Internet Banking to its Customers so that all the options that can be done through the Mobile App
can be done with any browser.
Mr. Shashi Kumar Sharma (M. No. 4883) wanted to know when will be option to transfer
funds from other Banks to AGs Bank will be enabled. President informed that this facility is
already available.
Mr. Guru Prasad M S (M. No. 3949) wanted to know what will be the action taken by the
Bank against those loanees & their Surety who resign from the job with just informing the office
without taking any NOC. President replied that a Criminal Case would be filed against such
Loanees and Surety under the Willful Defaulter Act.
15
On behalf of the bank and the board Mr. Srinivasan B the vice president proposed Vote of
Thanks. He thanked the members for the healthy discussion that happened through the Virtual
Platform and welcomed the valuable suggestions directed towards the positive progress of the
bank. He also thanked the Sr. DAGs, DAGs, AGs, Sr. AOs, special thanks to the associated
entities with which bank is having transactions. He wished all the members a happy and healthy
New Year 2021 in advance.
For and on behalf of the

Board of Directors
Unnikrishnan A
President
EªÀgÀÄUÀ¼ÀÄ £ÀªÀÄä£ÀßUÀ°zÁÝgÉ
ªÉAPÀlgÀªÀÄt ¸Áé«Ä ©.PÉ. Venkataramana Swamy B K
gÉÃR J¸ï. eÉÆå¬Ä±ï Rekha S Jois
ªÀÄAdÄ£ÁxÀ PÉ.J¸ï. Manjunatha K.S.
ªÀÄ®AiÀiÁ¢æ ¹. Malayadri C.
¸ÀÄªÀiÁ zÉÃ« JA.¹. Suma Devi M.C.
AiÀÄwÃgÁdÄ ¸ÀÄgÉÃ±ïPÀÄªÀiÁgï Yathiraju Sureshkumar
±ÉÃRgï JA. Shekar M.
EªÀgÀ®èzÉÃ PÀ¼ÉzÀ ªÀµÀð C£ÉÃPÀ gÁ¶ÖçÃAiÀÄ £ÁAiÀÄPÀgÀÄ, zÉÃ±ÀzÀ K½UÁV zÀÄrzÀ C£ÉÃPÀ UÀtågÀÄ
¥ÀæPÀÈw «PÉÆÃ¥À, £Á£Á PÁgÀtUÀ½AzÀ ªÀÄvÀÄÛ PÉÆÃ«qï-19 jAzÀ C£ÉÃPÀ ªÀÄÄUÀÝgÀÄ
vÀªÀÄä fÃªÀ vÉÆgÉ¢zÁÝgÉ. ªÀÄÄRåªÁV £ÀªÀÄä zÉÃ±ÀzÀ C£ÉÃPÀ ¸ÉÊ¤PÀgÀÄ ºÀÄvÁvÀägÁVzÁÝgÉ.
EªÀgÉ®ègÀ DvÀäUÀ½UÉ ¨ÁåAQ£À ªÀÄvÀÄÛ ¸ÀzÀ¸ÀågÀ ¥ÀgÀªÁV ±ÀæzÁÞAd°AiÀÄ£ÀÄß
C¦ð¹ CªÀgÀ PÀÄlÄA§ ªÀUÀðzÀªÀjUÉ ¸ÁéAvÀ£ÀªÀ£ÀÄß §AiÀÄ¸ÀÄvÉÛÃªÉ.
16
Sl.
Point of Discussion Action Taken
No.
1. Change in Investment The returns on Mutual Funds after Covid

Policy to avoid Losses outbreak is very less and the bank has stopped
investing in mutual funds and instead started
investing in other scheduled banks where the
interest rates are little more than mutual funds.
However the suggestion will be implemented
whenever investments made in Mutual Funds.
2. The Representatives The matter has been taken very seriously and
from the Auditors Firm to brought to the notice of tax consultant. If any
be Little Patient and not issues are there in future the same may be
to be harsh with Members brought to the notice of President or Chief Executive.
3. Loans sanctioned to The matter was verified and found that loan
members whose Salary is sanctioned at that time has per the prevailing loan
not getting credited to subsidiary rules.
their SB A/c with AGs Bank
4 Providing Insurance against As indicated in the Director's report the IMPS could
fraud by collecting nominal not go-live due to Covid outbreak and we are taking
fees from the Members. action to commission to go live on IMPS/UPI.
5 Fast Pacing NEFT / RTGS The bank has taken necessary action to fast pace
Processing the NEFT/RTGS processing. Further inform that
we are in the processing of completing the
Internet Banking and once it is implemented there
will be not in delay.
6. Provision for Posting of An Icon captioned as “Let's Know” has been

Grievance provided in the Bank's Website for the purpose of
posting Grievance. The said option can be
accessed by using the “Contact Us” option in the
Mobile Application or by visiting the
www.agsbank.com and also by scanning the QR
Code that is made available in the Bank.
17
¢ CPËAmÉAmï d£ÀgÀ¯ïì D¦üÃ¸ï JA¥Áè¬ÄÃ¸ï
¢£ÁAPÀ 01-04-2020 jAzÀ
£ÀµÀÖ 31-03-2021 PÉÌ 31-03-2020 PÉÌ
1 oÉÃªÀtÂUÀ¼À ªÉÄÃ¯É §rØ ¥ÁªÀw¹zÀÄÝ 113,838,444.00 109,074,326.82
2 ¹§âA¢ ªÉÃvÀ£À
¹§âA¢ ªÉÃvÀ£À 5,408,286.00 5,891,283.00
¨ÉÆÃ£À¸ï 350,000.00 300,000.00
UÀ½PÉ gÀeÉ £ÀUÀ¢ÃPÀgÀt (¹§âA¢) 329,711.00 226,227.00
¹§âA¢ UÀæZÀÄån 210,000.00 1,003,828.00
3 ¤zÉÃð±ÀPÀgÀ ¹nÖAUï ¨sÀvÉå
¹nÖAUï ¨sÀvÉå
4 ¨ÁrUÉ ªÀÄvÀÄÛ vÉjUÉ
«ªÉÄ 2,038,563.00 1,746,884.04
¨ÁrUÉ 6,660.00 6,660.00
ªÀÈwÛ vÉjUÉ (¨ÁåAPï) 2,500.00 2,500.00
¤ªÉÃ±À£À vÉjUÉ 407.00
«zÀÄåvï ©¯ï ¥ÁªÀw 156,000.00 156,000.00
5 PÁ£ÀÆ£ÀÄ / ªÀÈwÛ¥ÀgÀ ªÉZÀÑ 399,967.00 272,383.00
6 CAZÉ ªÀÄvÀÄÛ zÀÆgÀªÁtÂ
CAZÉ 10,345.25 997.00
zÀÆgÀªÁtÂ 123,881.68 140,965.86
7 ªÀÄÄzÀæt ¯ÉÃR£À ¸ÁªÀÄVæ eÁ»gÁvÀÄ
ªÀÄÄzÀæt ¯ÉÃR£À ¸ÁªÀÄVæ 123,530.36 96,739.00
eÁ»gÁvÀÄ 136,750.00 140,250.00
8 EvÀgÉ ªÉZÀÑUÀ¼ÀÄ
Drmï ±ÀÄ®Ì 618,400.00 832,000.00
J.JªÀiï.¹. ±ÀÄ®Ì 703,958.00 576,749.30
¸Á¢¯ÁégÀÄ RZÀÄð 416,671.36 433,317.00
¥ÀæAiÀiÁt RZÀÄð 190,042.00 136,413.00
zÀÄgÀ¹Ü ªÀÄvÀÄÛ ¸ÀAgÀPÀëuÉ 18,718.00 5,550.00
gÁeÉÆåÃvÀìªÀ/¸ÁévÀAvÀæ ¢£ÁZÀgÀuÉ ªÉZÀÑ 8,000.00
zÉÃtÂUÉ 25,000.00 167,680.00
ªÀÄºÁ¸À¨sÉ ªÉZÀÑ 300,156.00 315,405.00
¨sÀ«µÀå ¤¢ü DqÀ½vÀ ªÉZÀÑ 16,747.00 27,562.00
ªÉÊzÀåQÃAiÀÄ/¤ªÀÈwÛ ¸ÀzÀ¸ÀågÀ ¸À¨sÉ 392,455.00 370,006.00
18
PÉÆÃ D¥ÀgÉÃnªï ¨ÁåAPï °«ÄmÉqï, ¨ÉAUÀ¼ÀÆgÀÄ-560 001
31-03-2021gÀ ªÀgÉV£À ¯Á¨sÀ ªÀÄvÀÄÛ £ÀµÀÖ vÀBSÉÛ
¯Á¨sÀ 31-03-2021 PÉÌ 31-03-2020 PÉÌ
1 ¸Á® ªÀÄvÀÄÛ ªÀÄÄAUÀqÀUÀ¼À ªÉÄÃ°£À §rØ §AzÀzÀÄÝ 99,020,918.91 106,045,076.15

2 UÀÄAvÁ¬ÄUÀ¼À ªÉÄÃ°£À §rØ §AzÀzÀÄÝ 37,377,342.07 35,077,960.00
3 vÉjUÉ gÀ»vÀ ¨ÁAqï ªÉÄÃ°£À §rØ §AzÀzÀÄÝ 2,027,194.00 2,031,175.00
4 ªÀÄÄZÀÄåAiÀÄ¯ï ¥sÀAqï ªÉÄÃ°£À r«qÉAqï §AzÀzÀÄÝ 4,471,822.51 1,662,346.52
5 EvÀgÉ DzÁAiÀÄUÀ¼ÀÄ
Cfð ±ÀÄ®Ì 18,596.00 19,106.00
EvÀgÉ 53,003.16 50,704.80
¥ÀæªÉÃ±À ±ÀÄ®Ì 1,100.00 900.00
µÉÃgÀÄ ±ÀÄ®Ì 307,335.00 356,330.00
¸ÀºÀ ¸ÀzÀ¸ÀågÀ µÉÃgÀÄ ±ÀÄ®Ì 17,280.00 8,790.00
¸ÀºÀ ¸ÀzÀ¸ÀågÀ ¥ÀæªÉÃ±À ±ÀÄ®Ì 150.00 150.00
J.n.JªÀiï. dªÀiÁ 376,392.28 373,094.97
QèAiÀÄjAUï PÀ«ÄµÀ£ï 15,357.00 21,900.00
ºÉZï.©.J. ¥ÉÇæ¸É¹AUï ±ÀÄ®Ì 1,000.00 5,500.00
ZÉPï E±ÀÆå ZÁdð¸ï 7,104.00 11,958.00
¸ÀPÁðj ºÀÆrPÉUÀ¼À ªÀiÁgÁl ¯Á¨sÀ 3,640,000.00
¨ÁåAPÀ¸ïð ZÉPï/¥ÉÃ DqÀðgï PÀ«ÄµÀ£ï 30,602.00 52,651.00
PÀ«ÄµÀ£ï r.r. ªÉÄÃ¯É 65.00 40.00
PÀ«ÄµÀ£ï Dgï.n.f.J¸ï/J£ï.E..J¥sï.n. ªÉÄÃ¯É 33,130.00 48,985.00
¦.JªÀiï. ©ÃªÀÄ AiÉÆÃd£É DzÁAiÀÄ 10,004.00 10,045.00
J£ï.J¥sï.J¸ï. DzÁAiÀÄ 34,440.68 64,671.18
¸ÀÄ¹Û §rØ 19,940.00
ºÉZÀÄÑªÀj CªÀPÁ±À ªÁ¥À¸ï 28,296.00
¹ÜgÁ¹Û «¯ÉÃªÁj ªÉÆvÀÛ 14,496,900.00
19
¢£ÁAPÀ 01-04-2020 jAzÀ
£ÀµÀÖ 31-03-2021 PÉÌ 31-03-2020 PÉÌ
QèAiÀÄjAUï ºË¸ï ZÁdð¸ï 13,341.70 25,657.73
J.n.JªÀiï.ªÉZÀÑ 341.60
¸À¨sÉ ªÉZÀÑ 10,645.00 10,385.00
ºÀÆrPÉUÀ¼À ªÀiÁgÁl £ÀµÀÖ 216,687.11
¹§âA¢ £ÉÃªÀÄPÁw ªÉZÀÑ 83,780.00 322.00
ZÀÄ£ÁªÀuÁ ªÉZÀÑ 150,000.00
n.r.J¸ï. ªÉÄÃ°£À zÀAqÀ 4,470.00 7,412.00
¹.f.J¸ï.n. ¥ÁªÀw 38,252.29 85,567.45
J¸ï.f.J¸ï.n. ¥ÁªÀw 38,252.29 85,567.45
L.f.J¸ï.n. ¥ÁªÀw 235,772.25 163,896.18
PÉærmï gÉÃnAUï PÀA. ªÀAwUÉ 31,949.00 10,000.00
ªÀÄÄåZÀÄªÀ¯ï ¥sÀAqï ¸ÁÖA¥ï qÀÆån 14,999.60
PÁå¦l¯ï UÉÊ£ïì ¥ÁªÀw 2,709,500.00
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zÀ¯Áè½ ¥ÁªÀw ©qï RjÃ¢ 21,860.94
9 CªÀPÁ±ÀUÀ¼ÀÄ
¸ÀªÀPÀ½ 427,367.00 305,523.03
²µÀÖ ¸Á®UÀ¼À ªÉÄÃ¯É CªÀPÁ±À 200,000.00
ºÀÆrPÉUÀ¼À ¸ÀªÀPÀ½ ¤¢ü 2,000,000.00
«±ÉÃµÀ PÀgÀqÀÄ ¸Á® CªÀPÁ±À L.n. PÁAiÉÄÝ 36 gÀ Cr 246,284.00 300,000.00
PÀgÀqÀÄ ªÀÄvÀÄÛ ¸ÀA±ÀAiÀiÁ¸ÀàzÀ ¸Á®zÀ ¤¢ü CªÀPÁ±À 1,100,000.00 1,600,000.00
10 ¯Á¨sÀ vÉjUÉUÉ ªÀÄÄ£Àß 15,180,612.89 34,373,527.05
dÄªÀiÁè 143,802,836.61 164,026,519.62
¯Á¨sÀ vÉjUÉUÉ ªÀÄÄ£Àß 15,180,612.89 34,373,527.05
DzÁAiÀÄ vÉjUÉ ¥ÁªÀw 3,201,160.00 7,700,000.00
¤ªÀé¼À ¯Á¨sÀ 11,979,452.89 26,673,527.05
dÄªÀiÁè
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20
31-03-2021gÀ ªÀgÉV£À ¯Á¨sÀ ªÀÄvÀÄÛ £ÀµÀÖ vÀBSÉÛ
¯Á¨sÀ 31-03-2021 PÉÌ 31-03-2020 PÉÌ
dÄªÀiÁè 143,802,836.61 164,026,519.62
²æÃ¤ªÁ¸À£ï ©. G¤ßPÀÈµÀÚ£ï J. ±ÉÃRgï CAqï PÉÆ ¥ÀgÀªÁV

G¥ÁzsÀåPÀëgÀÄ CzsÀåPÀëgÀÄ JA.¹. ±ÉÃRgï ZÁlðqïð CPÀËAmÉAmï
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¢£ÁAPÀ : 22-07-2021 J¥sï.Dgï. ¸ÀA. 05128J¸ï.
21
PROFIT AND LOSS ACCOUNT
AS ON AS ON
EXPENDITURE
31.03.2021 31.03.2020
1 Interest paid on Deposits 113,838,444.00 109,074,326.82

2 Establishment charges
Salary & allowances 5,408,286.00 5,891,283.00
Bonus/ex-gratia 350,000.00 300,000.00
Earned leave encashment 329,711.00 226,227.00
Staff Gratuity 210,000.00 1,003,828.00
3 Directors sitting fee & allowance
Sitting fee
4 Rent rates & taxes
Insurance 2,038,563.00 1,746,884.04
Rent 6,660.00 6,660.00
Professional tax (Bank) 2,500.00 2,500.00
Site tax 407.00
Electricity charges 156,000.00 156,000.00
5 Legal/professional charges 399,967.00 272,383.00
6 Postage & telephones
Postage 10,345.25 997.00
Telephone 123,881.68 140,965.86
7 Printing, Stationery & advertisement
Printing & Stationery 123,530.36 96,739.00
Advertisement 136,750.00 140,250.00
8 Other expenses
Statutory Audit fee 618,400.00 832,000.00
A.M.C. Charges 703,958.00 576,749.30
Contigency expenses 416,671.36 433,317.00
Conveyance 190,042.00 136,413.00
Repairs & maintenance 18,718.00 5,550.00
Rajyotsava/Independence day Expenses 8,000.00
Donations & contributions 25,000.00 167,680.00
General body expenses 300,156.00 315,405.00
P.F.Administrative charges 16,747.00 27,562.00
22
Co-operative Bank Limited, Bengaluru - 560 001.
FOR THE YEAR 2020-21
AS ON AS ON
INCOME
31.03.2021 31.03.2020
1 Interest received on Loans & advances 99,020,918.91 106,045,076.15
2 Interest received on investments 37,377,342.07 35,077,960.00

3 Interest received on Tax free non SLR bonds 2,027,194.00 2,031,175.00
4 Profit received on Mutual funds 4,471,822.51 1,662,346.52
5 Other Income
Sale of books and forms 18,596.00 19,106.00

Miscellaneous income 53,003.16 50,704.80
Admission fee 1,100.00 900.00
Share fee 307,335.00 356,330.00
Associate Membership fee 17,280.00 8,790.00

Associate Member admission fee 150.00 150.00
Income from ATM 376,392.28 373,094.97
Clearing commission Received 15,357.00 21,900.00
H.B.A. Processing Charges 1,000.00 5,500.00

Cheque book issue charges 7,104.00 11,958.00
Profit on sale of Govt Securities 3,640,000.00
Commission on Bankers cheque 30,602.00 52,651.00

Commission on Demand draft 65.00 40.00
Commission on RTGS/NEFT 33,130.00 48,985.00
Income from PMJJ bima yojana 10,004.00 10,045.00
NFS charges income 34,440.68 64,671.18

Penal interest 19,940.00
Excess provision written off 28,296.00
Profit on sale of Immovable property 14,496,900.00
23
PROFIT AND LOSS ACCOUNT
AS ON AS ON
EXPENDITURE
31.03.2021 31.03.2020
Medical/Retired members meeting exp 392,455.00 370,006.00

Clearing house charges 13,341.70 25,657.73
A.T.M. expenses 341.60
Meeting expenses 10,645.00 10,385.00
Loss on sale of Govt Securities 216,687.11
Recruitment expenses 83,780.00 322.00
Election expenses 150,000.00
Penalty on TDS 4,470.00 7,412.00
SGST paid 38,252.29 85,567.45

CGST paid 38,252.29 85,567.45
IGST paid 235,772.25 163,896.18
Credit rating information subscription 31,949.00 10,000.00
Stamp duty for mutual funds 14,999.60
Capital gains paid 2,709,500.00
Premium paid on Govt Securities 388,464.00
Commission on non competative bid 21,860.94
9 Provisions
Depreciation 427,367.00 305,523.03
Provision for standard assets 200,000.00
Investment Fluctuation Fund 2,000,000.00
Provision for special BDDR Sec 36(i)(viii) 246,284.00 300,000.00
Provision for Bad & doubtful debt 1,100,000.00 1,600,000.00
10 Profit before Tax 15,180,612.89 34,373,527.05
Total 143,802,836.61 164,026,519.62
Profit before tax 15,180,612.89 34,373,527.05
Less Income tax 3,201,160.00 7,700,000.00
Profit after tax 11,979,452.89 26,673,527.05
24
FOR THE YEAR 2020-21
AS ON AS ON
INCOME
31.03.2021 31.03.2020
Total 143,802,836.61 164,026,519.62
Dr. Harish Kashyap Raghu Kumar M Ravi Kumar U Srinivasan B

Chief Executive (Incharge) Internal Auditor Internal Auditor Vice-President
For Shekar & Co

Chartered Accounts
Unni Krishnan A
President
Place : Bengaluru (M C Shekar)
Proprietor
Date : 22.07.2021 ICAI Mem No : 029555 F.R No : 005128S
25
¢£ÁAPÀ 31-03-2021
31-03-2021 PÉÌ 31-03-2020 PÉÌ
§AqÀªÁ¼À ªÀÄvÀÄÛ dªÁ¨ÁÝjUÀ¼ÀÄ
EzÀÝAvÉ EzÀÝAvÉ
1 §AqÀªÁ¼À
I C¢üPÀÈvÀ §AqÀªÁ¼À 100,000,000.00 100,000,000.00
II ¥ÁªÀw¹zÀ µÉÃgÀÄ §AqÀªÁ¼À
a) ¸ÀzÀ¸ÀågÀÄ 81,566,200.00 80,417,700.00
b) ¸ÀºÀ ¸ÀzÀ¸ÀågÀÄ 4,191,300.00 3,924,600.00
c) £ÁªÀÄ ªÀiÁvÀæ ¸ÀzÀ¸ÀågÀÄ 72,700.00 70,100.00
d) ¤ªÀÈwÛ ¸ÀzÀ¸ÀågÀÄ 21,875.00 21,875.00
ªÉÆvÀÛ 85,852,075.00
2 C¥ÀzÀÞ£À ºÁUÀÆ EvÀgÉ ¤¢üUÀ¼ÀÄ
a) D¥ÀzÀÞ£À ¤¢ü 58,287,313.19 45,217,858.14
b) PÀlÖqÀ ¤¢ü 12,967.23 12,967.23
c) ¯Á¨ÁA±À ¸ÀªÀÄvÉÆÃ®£À ¤¢ü 13,215,740.27 1,148,867.27
d) PÀgÀqÀÄ ºÁUÀÆ ¸ÀA±ÀAiÀiÁ¸ÀàzÀ ¤¢ü 9,269,198.19 8,169,198.19
e) D¹ÛUÀ¼À ¸ÀªÀPÀ¼ÀÄ ¤¢ü 418,173.32 418,173.32
f) eÁ«ÄÃ£ÀÄ ¥ÀjºÁgÀ ¤¢ü 3,918,691.00 3,478,404.00
g) ªÉÊzÀåQÃAiÀÄ ¥ÀjºÁgÀ ¤¢ü 9,289,302.00 8,543,945.00
h) zÁ£À zsÀªÀÄð ¤¢ü 257,477.56 257,477.56
i) ªÀÄgÀt ¥ÀjºÁgÀ ¤¢ü (¸ÀzÀ¸ÀågÀÄ) 19,260,903.10 20,121,240.00
j) ªÀÄgÀt ¥ÀjºÁgÀ ¤¢ü (¸ÀºÀ ¸ÀzÀ¸ÀågÀÄ) 2,695,683.00 2,106,390.00
k) ¥Áæ«µÀ£ï ¥sÁgï ¸ÁÖöåAqÀqïð C¸Émïì 5,048,258.15 5,048,258.15
l) ¹§âA¢ PÀ¯Áåt ¤¢ü 672,312.69 662,712.69
m) ªÀÄºÉÆÃvÀìªÀ ¤¢ü 490,277.34 490,277.34
n) ¸ÀzÀ¸ÀågÀ PÀ¯Áåt ¤¢ü 974,008.00 974,008.00
o) ºÀÆrPÉUÀ¼À Kj½vÀ ¤¢ü 6,029,076.77 5,058,626.77
p) ºÀÆrPÉUÀ¼À ¸ÀªÀPÀ½ ¤¢ü 6,621,425.80 6,621,425.80
q) ¥sÀ¸ïÖ °Ã¹AUï ¸ÀªÀPÀ½ ¤¢ü 5,000,000.00 5,000,000.00
r) ªÀÄgÀt ¤¢ü (¤ªÀé¼À ¯Á¨sÀ¢AzÀ) 29,593.00 29,593.00
s) «±ÉÃµÀ ¤¢ü - DzÁAiÀÄ vÉjUÉ 36 (i)(vii) 2,126,284.00 1,880,000.00
t) ¹§âA¢ ¤ªÀÈvÀÛ ¦AZÀtÂ ¤¢ü 1,947,183.00 1,836,965.00
ªÉÆvÀÛ 145,563,867.61
26
gÀ°èzÀÝAvÉ D¹Û-dªÁ¨ÁÝj vÀBSÉÛ
31-03-2021 PÉÌ 31-03-2020 PÉÌ

D¹Û ªÀÄvÀÄÛ ¸ÀévÀÄÛUÀ¼ÀÄ
1 £ÀUÀzÀÄ ²®ÄÌUÀ¼ÀÄ 8,046,010.00 13,094,741.74

2 EvÀgÉ ¨ÁåAQ£À°è ²®ÄÌUÀ¼ÀÄ
a) PÀ.¸À. C¥ÉPïì ¨ÁåAPï ZÁ°Û SÁvÉ 9,826,858.61 34,929,871.49
b) J¸ï.©.L. ZÁ°Û SÁvÉ 412,319.46 1,412,673.46
c) ºÉZï.r.J¥sï.¹. ¨ÁåAPï ZÁ°Û SÁvÉ 10,203,997.76 9,007,793.31
d) PÉÆlPï ªÀÄ»AzÀæ ¨ÁåAPï ZÁ°Û SÁvÉ 43,638.18 593,638.18
e) ºÉZï.r.J¥sï.¹. ¨ÁåAPï J.n.JªÀiï. SÁvÉ 7,139,729.80 4,943,806.50
f) ¨ÁåAPï D¥sï §gÉÆÃqÀ ZÁ°Û SÁvÉ 583,690.23 582,690.23
g) ±ÁåªÄÀ gÁªï «l¯
Ö ï ¸º
À PÀÁgÀ ¨ÁåAPï ZÁ°Û SÁvÉ 35,815.00 30,715.00
h) Dgï.©.L. ZÁ°Û SÁvÉ 26,000,000.00 14,600,000.00
i) L.r.©.L. ZÁ°Û SÁvÉ 21,379,964.60
ªÉÆvÀÛ 75,626,013.64
3 C®à ºÁUÀÆ PÀgÉ oÉÃªÀtÂ
ºÉZï.r.J¥sï.¹. PÀgÉ oÉÃªÀtÂ 45,000,000.00
4 ºÀÆrPÉUÀ¼ÀÄ
i) PÉÃAzÀæ ¸ÀPÁðgÀ ¨sÀzÀævÉUÀ¼À°è
ªÀÄÄR ¨É¯É 197,500,000.00
RjÃ¢ ¨É¯É 192,017,000.00 192,017,000.00 192,017,000.00
ªÀiÁgÀÄPÀmÉÖ ¨É¯É (31.03.2021 PÉÌ EzÀÝAvÉ) 192,017,000.00
ii) gÁdå ¸ÀPÁðgÀ ¨sÀzÀævÉUÀ¼À°è
ªÀÄÄR ¨É¯É 352,410,000.00
RjÃ¢ ¨É¯É 352,331,000.00 352,331,000.00 149,820,000.00
ªÀiÁgÀÄPÀmÉÖ ¨É¯É (31.03.2021 PÉÌ EzÀÝAvÉ) 348,948,310.00
iii) EvÀgÉ ºÀÆrPÉUÀ¼ÀÄ
C¥ÀzÀÞ£À ¤¢ü PÀ.gÀ.¸À. C¥ÉPïì ¨ÁåAQ£À°è 2,700,000.00 2,700,000.00
WÀqÀÄ oÉÃªÀtÂ PÀ.gÀ.¸À. C¥ÉPïì ¨ÁåAQ£À°è 40,000,000.00 5,000,000.00
WÀqÀÄ oÉÃªÀtÂ ºÉZï.r.J¥sï.¹. ¨ÁåAQ£À°è 8,500,000.00 8,500,000.00
27
¢£ÁAPÀ 31-03-2021
31-03-2021 PÉÌ 31-03-2020 PÉÌ
3 oÉÃªÀtÂ ºÁUÀÆ EvÀgÉ SÁvÉUÀ¼ÀÄ
a) G½vÁAiÀÄ SÁvÉ 324,741,147.38 293,662,928.80
b) ¸ÀÜVvÀUÉÆAqÀ G½vÁAiÀÄ SÁvÉUÀ¼ÀÄ 6,695,148.62 7,088,774.95
c) ¤¶ÌçAiÀÄ G½vÁAiÀÄ SÁvÉ 4,030,126.31 3,889,283.55
d) ZÁ°Û SÁvÉ 589,408.27 1,48,355,77
e) ¸ÀÜVvÀUÉÆAqÀ ZÁ°Û SÁvÉUÀ¼ÀÄ 30,571.38 30,571.38
f) SÁAiÀÄA oÉÃªÀtÂ 294,041,456.60 234,779,417.90
g) ¥ÀPÀéUÉÆAqÀ SÁAiÀÄA oÉÃªÀtÂ 3,318.00 3,318.00
h) SÁAiÀÄA oÉÃªÀtÂ ¤ªÀÈwÛ ¸ÀzÀ¸ÀågÀÄ 489,728.00 274,814.00
i) ¢éUÀÄt oÉÃªÀtÂ 587,257,344.06 563,716,680.96
j) ¥ÀPÀéUÉÆAqÀ ¢éUÀÄt oÉÃªÀtÂ 323,612.59 323,612.59
k) DªÀvÀðPÀ oÉÃªÀtÂ 11,660,254.10 10,104,559.20
l) ¥ÀPÀéUÉÆAqÀ DªÀvÀðPÀ oÉÃªÀtÂ 577,027.00 883,524.00
m) ¥ÀgÀ¸ÀàgÀ ¸ÀºÁAiÀÄ oÉÃªÀtÂ 193,853,664.53 201,956,583.59
n) ¥ÀPÀéUÉÆAqÀ ¸ÀzÀ¸ÀågÀ ¥ÀgÀ¸ÀàgÀ ¸ÀºÁAiÀÄ oÉÃªÀtÂ 62,996.00 62,996.00
o) ªÀÄgÀt ¥ÀjºÁgÀ oÉÃªÀtÂ 39,685,462.50 41,150,735.00
p) ¥ÀPÀéªÁzÀ ªÀÄgÀt ¥ÀjºÁgÀ oÉÃªÀtÂ 3,586.00 3,586.00
q) ¹§âA¢ ¨sÀzÀævÁ oÉÃªÀtÂ 21,250.00 21,250.00
r) «±ÉÃµÀ oÉÃªÀtÂ (JA.JA.¹) 80,447,882.40 77,500,390.40
s) zsÀ£ÀªÀÈ¶Ö oÉÃªÀtÂ 130,050,259.90 23,563,259.00
t) «±ÉÃµÀ DªÀxÀðPÀ oÉÃªÀtÂ 30,270,330.00 15,701,868.00
ªÉÆvÀÛ 1,704,834,573.64
4 ºÉÆgÀV¤AzÀ ¥ÀqÉzÀ ¸Á®UÀ¼ÀÄ
5 ¥ÀqÉ¢gÀÄªÀ ©®ÄèUÀ¼ÀÄ wÃgÀÄªÀ½UÉ 1,410,385.00 710,000.00
6 ±ÁSÉ ºÉÆAzÁtÂPÉUÀ¼ÀÄ
7 ¸ÀÄ¹Ü ¸Á®UÀ¼À ªÉÄÃ°£À §rØ (ºÉÆAzÁtÂPÉ) 436,994.00 335,355.00
8 oÉÃªÀtÂUÀ¼À ªÉÄÃ¯É PÉÆqÀ¨ÉÃPÁzÀ §rØ 2,361,012.00 1,969,842.00
9 qÉ¥sï SÁvÉ (ºÉÆAzÁtÂPÉ) 377,244.00 377,244.00
28
31-03-2021 PÉÌ 31-03-2020 PÉÌ

d£À ¸Áä¯ï ¥sÉÊ£Á£ïì ¨ÁåAPï WÀqÀÄ oÉÃªÀtÂ 40,500,000.00
Dgï.©.J¯ï. ¨ÁåAPï WÀqÀÄ oÉÃªÀtÂ 15,000,000.00
ªÉÆvÀÛ 106,700,000.00
iv) EvÀgÉ ºÀÆrPÉUÀ¼ÀÄ
a) mÁåPïì ¦üæÃ ¨ÁAqïì 52,571,000.00 27,571,000.00
b) ¥¸ÀsïÖ °Ã¹AUï PAÀ D¥ïs EArAiÄÀ °«Ämq
É ï 10,000,000.00 10,000,000.00
5 ¸Á® ªÀÄvÀÄÛ ªÀÄÄAUÀqÀUÀ¼ÀÄ 62,571,000.00
i) C¯ÁàªÀ¢ü ¸Á®
a) oÉÃªÀtÂUÀ¼À ªÉÄÃ°£À ¸Á® 1,886,815.00 2,116,570.00
b) C¯ÁàªÀ¢ü ¸Á® 17,339,292.40 19,061,392.00
ii) ªÀÄzsÀåªÀiÁªÀ¢ü ¸Á®
a) ªÉÊAiÀÄQÛPÀ ¸Á® 828,343,309.34 821,459,861.70
b) UÀÈºÀ §¼ÀPÉ ¸Á® 9,181.00 33,359.00
c) ªÁºÀ£À ¸Á® 19,453,384.00 21,564,234.00
d) ¢éZÀPÀæ ªÁºÀ£À ¸Á® 3,673,114.00 3,657,561.00
e) «zÁå¨sÁå¸À ¸Á® 29,757,753.52 33,906,679.00
f) ªÀÄzsÀåªÀiÁªÀ¢ü ¸Á® 60,636,684.00 62,319,156.85
g) «zÉÃ±À ¥ÀæAiÀiÁt ¸Á® 405,466.00 924,996.00
iii) ¢üÃWÁðªÀ¢ü ¸Á®
a) ¤ªÉÃ±À£À RjÃ¢ ¸Á® 8,034,187.00 10,231,997.00
b) UÀÈºÀ ¤ªÀiÁðt ¸Á® 84,896,816.00 101,705,190.00
c) UÀÈºÀ zÀÄgÀ¹Ü ¸Á® 259,414.00 302,656.00
d) ºÉZÀÄÑªÀj UÀÈºÀ ¸Á® 6,704,394.00 7,674,366.00
e) UÀÈºÀ CqÀªÀiÁ£À ¸Á® 2,246,977.00 3,950,744.00
f) «zÉÃ±À «zÁå¨sÁå¸À ¸Á® 8,595,224.00 9,614,825.00
g) ¥sÁèmï RjÃ¢ ¸Á® 55,611,296.00 69,395,893.00
iv) ¹§âA¢ ªÀÄÄAUÀqÀUÀ¼ÀÄ
a) ¹§âA¢ PÀ¯Áåt ¸Á® 128,500.00 68,000.00
b) ªÉÊAiÀÄQÛPÀ ¹§âA¢ ¸Á® 3,891,656.00 2,792,961.00
29
¢£ÁAPÀ 31-03-2021
31-03-2021 PÉÌ 31-03-2020 PÉÌ
10 EvÀgÉ dªÁ¨ÁÝjUÀ¼ÀÄ
a) wÃgÀÄªÀ½ CªÀiÁ£ÀvÀÄÛ 119,768.00 127,768.00
b) ¸Á®UÀ¼À CªÀiÁ£ÀvÀÄÛ 209,887.53 214,921.96
c) ¹§âA¢ «ªÉÄ ¦æÃ«ÄAiÀÄA 6,190.00
d) ¹§âA¢ ¨sÀ«µÀå ¤¢ü 36,665.00
e) ¹§âA¢ ªÀÈwÛ vÉjUÉ 1,600.00
f) ¯ÉPÀÌ¥Àj±ÉÆÃzsÀ£Á ±ÀÄ®Ì PÉÆqÀ¨ÉÃPÁzÀzÀÄÝ 600,000.00 702,100.00
g) ¸ÁªÀiÁ£Àå CªÀiÁ£ÀvÀÄÛ 281,491.92 281,491.92
h) ¨ÁåAPÀ¸ïð ZÉPï CªÀiÁ£ÀvÀÄÛ 1,140,655.00 198,687.98
i) E.J¸ï. CªÀiÁ£ÀvÀÄÛ 339,581.00 339,581.00
j) ¸ÀzÀ¸ÀåjUÉ ¯Á¨sÁA±À PÉÆqÀ¨ÉÃPÁzÀzÀÄÝ 19,777.00 78,989.00
k) ¸ÀºÀ ¸ÀzÀ¸ÀågÀ ¯Á¨sÁA±À PÉÆqÀ¨ÉÃPÁzÀzÀÄÝ 1,836.00 25,958.00
l) n.r.J¸ï. 1,478,245.00 1,782,946.00
m) ¹§âA¢ DzÁAiÀÄ vÉjUÉ 35,000.00 35,000.00
n) ¹§âA¢ ¨ÉÆÃ£À¸ï PÉÆqÀ¨ÉÃPÁzÀzÀÄÝ 350,000.00 300,000.00
o) Dgï.¹.JA. ¹ f J¸ï n 921.00
p) Dgï.¹.JA. ¹ f J¸ï n 921.00
q) ºÉZï.r.J¥sï.¹. CªÀ¢ü «ÄÃjzÀ ZÉPÀÄÌUÀ¼ÀÄ 243,251.00 230,551.00
r) CªÀ¢ü «ÄÃjzÀ ¨ÁåAPÀ¸ïð ZÉPï 732,410.94 627,414.86
s) ªÀÈwÛ ±ÀÄ®ÌzÀ ªÉÄÃ°£À vÉjUÉ 1,650.00 2,000.00
t) PÁ£ÀÆ£ÀÄ ªÉZÀÑ PÉÆqÀ¨ÉÃPÁzÀzÀÄÝ 61,133.00
u) mÁPïì D£ï ªÀPïð PÁAmÁæPïÖ 1,406.00 1,194.00
v) ¹§âA¢ UÀæZÀÄån ¦æÃ«ÄAiÀÄA PÉÆqÀ¨ÉÃPÁzÀzÀÄÝ 110,000.00 1,003,828.00
w) UÀ½PÉ gÀeÉ £ÀUÀ¢ÃPÀgÀt CªÀPÁ±À 163,716.00
ªÉÆvÀÛ 5,874,972.39 26,673,527.05
30
31-03-2021 PÉÌ 31-03-2020 PÉÌ

c) ¹§âA¢ ªÁºÀ£À ¸Á® 536,777.00 587,501.00
d) ¹§âA¢ ºÀ§âzÀ ªÀÄÄAUÀqÀ 16,000.00 9,000.00
e) ¹§âA¢ ¢éZÀPÀæ ¸Á® 43,185.00 56,830.00
ªÉÆvÀÛ 1,132,469,425.26
6 §gÀ¨ÉÃPÁzÀ §rØ 4,333,840.00
a) ¸ÀPÁðj ºÀÆrPÉUÀ¼À ªÉÄÃ¯É 7,237,818.00 335,355.00
b) ¸ÀÄ¹Ü §rØ (ºÉÆAzÁtÂPÉ) 436,994.00
ªÉÆvÀÛ 7,674,812.00
7 §gÀ¨ÉÃPÁzÀ ©®ÄèUÀ¼ÀÄ (ºÉÆAzÁtÂPÉ) 1,410,385.00 710,000.00
8 ±ÁSÉ ºÉÆAzÁtÂPÉUÀ¼ÀÄ
9 ¤ªÉÃ±À£À ªÀÄvÀÄÛ PÀlÖqÀ
10 ¦ÃoÉÆÃ¥ÀPÀgÀt ªÀÄvÀÄÛ ªÀÄgÀªÀÄÄlÄÖUÀ¼ÀÄ
a) ¥Àæ¸ÀÄÛvÀ ¨É¯É 2,118,191.00
b) ¥Àæ¸ÀPÀÛ ¸Á°£À RjÃ¢
ªÉÆvÀÛ 2,118,191.00
a) ¥Àæ¸ÀPÀÛ ¸Á°£À ¸ÀªÀPÀ½ 228,223.00
ªÉÆvÀÛ 1,889,968.00 2,118,191.00
11 UÀtPÀ AiÀÄAvÀæ
a) ¥Àæ¸ÀÄÛvÀ ¨É¯É 53,705.00
b) ¥Àæ¸ÀPÀÛ ¸Á°£À RjÃ¢ 458,540.00
ªÉÆvÀÛ 512,245.00
a) ¥Àæ¸ÀPÀÛ ¸Á°£À ¸ÀªÀPÀ½ 199,144.00
ªÉÆvÀÛ 313,101.00 53,705.00
12 qÉ¥sï SÁvÉ (ºÉÆAzÁtÂPÉ) 377,244.00 377,244.00
31
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31-03-2021 PÉÌ 31-03-2020 PÉÌ
11 ¯Á¨sÀ ªÀÄvÀÄÛ £ÀµÀÖ SÁvÉ

¯Á¨sÁA±À PÀ¼ÉzÀ ¸Á°UÉ 26,673,527.05
PÀ¼ÉzÀ ¸Á°£À «¯ÉÃªÁj 26,673,207.05
¤ªÀé¼À ¯Á¨sÀ 2020-21 ¸Á°UÉ 11,979,452.89 11,979,452.89
dÄªÀiÁè 1,958,690,576.53 1,713,456,704.32
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32
31-03-2021 PÉÌ 31-03-2020 PÉÌ

13 EvÀgÉ D¹ÛUÀ¼ÀÄ
a) ¯ÉÃR£À ¸ÁªÀÄVæ zÁ¸ÁÛ£ÀÄ 90,810.00 124,631.00
b) ªÀÄÄAUÀqÀ 410,000.00
c) «ªÉÄ ªÀÄÄAUÀqÀ 69,432.00 74,477.00
d) J¸ï.f.J¸ï.n. SÁvÉ ¨ÁQ 202,782.51 128,080.22
e) ¹.f.J¸ï.n. SÁvÉ ¨ÁQ 202,782.51 128,080.22
f) L.f.J¸ï.n. SÁvÉ ¨ÁQ 89,442.61 14,870.42
g) DzÁAiÀÄ vÉjUÉ ªÀÄÄAUÀqÀ ¥ÁªÀw 5,095,651.00 1,896,811.00
c) ¸ÀzÀ¸ÀåjUÉ ªÀÄÄAUÀqÀ ¥ÁªÀw 11,513,717.00 11,513,717.00
ªÉÆvÀÛ 17,264,617.63 17,264,617.63

14 £Á£ï ¨ÁåAQAUï D¹ÛUÀ¼ÀÄ
dÄªÀiÁè 1,958,690,576.53 1,713,456,704.32
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¢£ÁAPÀ : 22-07-2021 J¥sï.Dgï. ¸ÀA. 05128J¸ï.
33
BALANCE SHEET AS ON
AS ON AS ON
CAPITAL AND LIABILITIES
31.03.2021 31.03.2020
1 CAPITAL
i) Authorised share capital 100,000,000.00 100,000,000.00
ii) Subscribed Share capital
a) Regular members 81,566,200.00 80,417,700.00
b) Associate members 4,191,300.00 3,924,600.00
c) Nominal members 72,700.00 70,100.00

d) Retired members 21,875.00 21,875.00
TOTAL 85,852,075.00
2 RESERVE FUND & OTHER RESERVES
a) Reserve Fund 58,287,313.19 45,217,858.14
b) Building Fund 12,967.23 12,967.23
c) Dividend Equalisation Fund 13,215,740.27 1,148,867.27
d) Bad Debt Reserve Fund 9,269,198.19 8,169,198.19
e) Erosion of Assets Fund 418,173.32 418,173.32
f) Surety Relief Fund 3,918,691.00 3,478,404.00
g) Medical Relief Fund 9,289,302.00 8,543,945.00
h) Charity Fund 257,477.56 257,477.56
i) Death Relief Fund (Members) 19,260,903.10 20,121,240.00

j) Death Relief Fund (Associate Members) 2,695,683.00 2,106,390.00
k) Provision for Standard Assets 5,048,258.15 5,048,258.15
l) Staff Welfare Fund 672,312.69 662,712.69
m) Jubilee Fund 490,277.34 490,277.34
n) Members Welfare Fund 974,008.00 974,008.00
o) Investment Fluctuation Fund 6,029,076.77 5,058,626.77
p) Investment Depreciation Reserve 6,621,425.80 6,621,425.80
q) Investment Dep Res (FLCI) 5,000,000.00 5,000,000.00
r) Death fund (Net Profit Appropriation) 29,593.00 29,593.00
s) Special Reserve Fund u/s 36(i)(viii) 2,126,284.00 1,880,000.00
t) Staff retirement relief fund 1,947,183.00 1,836,965.00
TOTAL 145,563,867.61 145,563,867.61
34
31ST MARCH 2021
AS ON AS ON
PROPERTY AND ASSETS
31.03.2021 31.03.2020
1 CASH ON HAND 8,046,010.00 13,094,741.74

2 BALANCE WITH OTHER BANKS
a) KSC Apex Bank C/A 9,826,858.61 34,929,871.49
b) State Bank of India C/A 412,319.46 1,412,673.46
c) HDFC Bank C/A 10,203,997.76 9,007,793.31
d) Kotak Mahindra Bank C/A 43,638.18 593,638.18
e) HDFC Bank AT.M. Account 7,139,729.80 4,943,806.50
f) Bank of Baroda C/A 583,690.23 582,690.23
g) Shyam Rao Vittal Coop Bank Ltd CA 35,815.00 30,715.00
h) Reserve Bank of India C/A 26,000,000.00 14,600,000.00
i) IDBI bank C/A 21,379,964.60
TOTAL 75,626,013.64
3 Money at call & short notice
HDFC Bank call money deposit 45,000,000.00
4 INVESTMENTS
i) In Central Govt Securities
Face value 197,500,000.00
Book value 192,017,000.00 192,017,000.00 192,017,000.00
Market value (as on 31.03.21) 192,017,000.00
ii) In State Govt Securities
Face value 352,410,000.00
Book value 352,331,000.00 352,331,000.00 149,820,000.00
Market value (as on 31.03.21) 348,948,310.00
iii) FD with other Banks
KSC Apex Bank RFD 2,700,000.00 2,700,000.00
KSC Apex Bank Fixed Deposit 40,000,000.00 5,000,000.00
HDFC Bank Fixed Deposit 8,500,000.00 8,500,000.00
FD with Jana small finance Bank 40,500,000.00
FD with RBL Bank Ltd 15,000,000.00
TOTAL 106,700,000.00
35
BALANCE SHEET AS ON
AS ON AS ON
31.03.2021 31.03.2020
3 DEPOSIT & OTHER ACCOUNTS

a) Savings Bank Account (Persons) 324,741,147.38 293,662,928.80
b) Savings Bank Account (Inoperative) 6,695,148.62 7,088,774.95
c) Savings Bank Accounts (Dead) 4,030,126.31 3,889,283.55
d) Current Account 589,408.27 1,148,355.77
e) Current Account (Inoperative) 30,571.38 30,571.38
f) Fixed Deposit 294,041,456.60 234,779,417.90
g) Fixed Deposit (Matured) 3,318.00 3,318.00
h) Fixed Deposit (Retired Members ) 489,728.00 274,814.00
i) Money Multiple Certificate 587,257,344.06 563,716,680.96
j) Money Multiple Certificate (Matured) 323,612.59 323,612.59
k) Recurring Deposit 11,660,254.10 10,104,559.20
l) Recurring Deposit (Matured) 577,027.00 883,524.00
m) Mutual Benefit Scheme 193,853,664.53 201,956,583.59
n) Mutual Benefit Scheme (Matured) 62,996.00 62,996.00
o) Death Relief Fund 39,685,462.50 41,150,735.00
p) Death Relief Fund (matured) 3,586.00 3,586.00
q) Staff Security Deposit 21,250.00 21,250.00
r) Special Deposit (MMC) 80,447,882.40 77,500,390.40
s) Dhanavrushti Deposit 130,050,259.90 23,563,259.00
t) Special Recurring Deposit 30,270,330.00 15,701,868.00
TOTAL 1,704,834,573.64
4 BORROWINGS
5 CHEQUES RECEIVED FOR COLLECTION 1,410,385.00 710,000.00
6 BRANCH ADJUSTMENTS
7 OVERDUE INTEREST RESERVE (CONTRA) 436,994.00 335,355.00
8 INTEREST PAYABLE ON DEPOSITS 2,361,012.00 1,969,842.00
9 DEAF ACCOUNT (CONTRA) 377,244.00 377,244.00
36
31ST MARCH 2021
AS ON AS ON
PROPERTY AND ASSETS
31.03.2021 31.03.2020
iv) Other Investments

a) Tax Free Bonds 52,571,000.00 27,571,000.00
b) First Leasing Company of Indial Ltd. 10,000,000.00 10,000,000.00
TOTAL 62,571,000.00
5 LOANS & ADVANCES
i) Short term loans
Loans against deposits 1,886,815.00 2,116,570.00
Short term loans 17,339,292.40 19,061,392.00
ii) Medium term loans
a) Personal loan 828,343,309.34 821,459,861.70
b) Consumer loan 9,181.00 33,359.00
c) Vehicle loan 19,453,384.00 21,564,234.00
d) Two wheeler loan 3,673,114.00 3,657,561.00
e) Education loan 29,757,753.52 33,906,679.00
f) Medium term loan 60,636,684.00 62,319,156.85
g) Foreign travel loan 405,466.00 924,996.00
iii) Long term loans
a) Site purchase loan 8,034,187.00 10,231,997.00
b) House Building Advance 84,896,816.00 101,705,190.00
c) Repairs & renewals 259,414.00 302,656.00
d) Additions & alteration 6,704,394.00 7,674,366.00
e) Mortgage loan 2,246,977.00 3,950,744.00
f) Foreign study loan 8,595,224.00 9,614,825.00
g) Flat purchase loan 55,611,296.00 69,395,893.00
iv) Staff advances
a) Staff Benevolent fund advance 128,500.00 68,000.00
b) Staff personal loan 3,891,656.00 2,792,961.00
c) Staff vehicle advance 536,777.00 587,501.00
d) Festival advance 16,000.00 9,000.00
e) Staff two wheeler loan 43,185.00 56,830.00
TOTAL 1,132,469,425.26
37
BALANCE SHEET AS ON
AS ON AS ON
31.03.2021 31.03.2020
10 OTHER LIABILITIES
a) Clearing Suspense Account 119,768.00 127,768.00
b) Loan Suspense Account 209,887.53 214,921.96
c) Staff Insurance 6,190.00
d) Staff Provident Fund 36,665.00
e) Staff Profession Tax 1,600.00
f) Audit Fee Payable 600,000.00 702,100.00
g) General Suspense Account 281,491.92 281,491.92
h) Bankers Cheque Suspense 1,140,655.00 198,687.98
i) E.S. Supsense 339,581.00 339,581.00
j) Dividend Payable 19,777.00 78,989.00
k) Associate Members Dividend Payable 1,836.00 25,958.00
l) Tax Deduction at Source 1,478,245.00 1,782,946.00
m) Tax on Staff Salary 35,000.00 35,000.00
n) Staff Bonus Payable 350,000.00 300,000.00
o) RCM CGST Payable 921.00
p) RCM SGST Payable 921.00
q) HDFC Bank Outdated Instruments 243,251.00 230,551.00
r) Bankers Cheque Suspense Outdated 732,410.94 627,414.86
s) Tax on Professional Fee 1,650.00 2,000.00
t) Outstanding Legal Expenses 61,133.00
u) Tax on Work Contract 1,406.00 1,194.00
v) Staff Gratuity Insurance Payable 110,000.00 1,003,828.00
w) Provision for EL Encashment (Staff) 163,716.00
TOTAL 5,874,972.39
38
31ST MARCH 2021
AS ON AS ON
PROPERTY AND ASSETS
31.03.2021 31.03.2020
6 INTEREST RECEIVABLE
a) On Govt. Securities 7,237,818.00 4,333,840.00
b) overdue interest (contra) 436,994.00 335,355.00
TOTAL 7,674,812.00
7 CHEQUES SENT FOR REALISATION 1,410,385.00 710,000.00
8 BRANCH ADJUSTMENTS
9 LAND AND BUILDING
10 FURNITURE & FIXTURES
W.D.Value 2,118,191.00
Additions during the year
TOTAL 2,118,191.00
Less Dep during the year 228,223.00
Net value 1,889,968.00 2,118,191.00
11 COMPUTERS
W.D.Value 53,705.00
Additions during the year 458,540.00
TOTAL 512,245.00
Less Dep during the year 199,144.00
Net value 313,101.00 53,705.00
12 DEAF ACCOUNT (CONTRA) 377,244.00 377,244.00
13 OTHER ASSETS
a) Stock of stationery 90,810.00 124,631.00
b) Advance 410,000.00
c) Prepaid Insurance 69,432.00 74,477.00
d) In put SGST 202,782.51 128,080.22
39
BALANCE SHEET AS ON
AS ON AS ON
31.03.2021 31.03.2020
11 PROFIT & LOSS ACCOUNT
Profit as per last Balance Sheet 26,673,527.05
Less Appropriation 26,673,207.05
Add: Profit for the year 2020-21 11,979,452.89 26,673,527.05
GRAND TOTAL 1,958,690,576.53 1,713,456,704.32
- : CERTIFICATE :-
We have audited the accounts of The Accountant General's Office Employees'

Co-operative Bank Ltd, Park House Street, Bengaluru - 560001 for the year 2020-21,
we have obtained all the information and explanation which to the best of our
knowledge and belief were necessary for the purpose of our Audit and we found them
to the explanation given to us and subject to the observation contained in our detailed
Audit report appended herewith the Balance sheet and Profit & Loss account of the
Bank dealt with by this report gives a true and fair view of the state of affairs of the
Bank as on 31st March 2021.
40
31ST MARCH 2021
AS ON AS ON
PROPERTY AND ASSETS
31.03.2021 31.03.2020
e) Input CGST 202,782.51 128,080.22

f) In put IGST 89,442.61 14,870.42
g) Income Tax refundable 5,095,651.00 1,896,811.00
h) Advance paid to members 11,513,717.00 11,513,717.00
TOTAL 17,264,617.63 17,264,617.63
14 NON-BANKING ASSETS
ACQUIRED IN SATISFACTION
OF CLAIMS
GRAND TOTAL 1,958,690,576.53 1,713,456,704.32
Dr. Harish Kashyap Raghu Kumar M Ravi Kumar U Srinivasan B

Chief Executive (Incharge) Internal Auditor Internal Auditor Vice-President
Unni Krishnan A For Shekar & Co

President Chartered Accounts
(M C Shekar)
Place : Bengaluru
Proprietor
Date : 22.07.2021 ICAI Mem No : 029555 F.R No : 005128S
41
Disclosure of information forming part of the Balance sheet as on 31.03.2021
(vide circular No: UBD.CO.BPD(PCB)No:20/16.45.00/2002-03 Dated October 30,2002)
I. Capital to Risk Weight Asset Ratio (CRAR) as on 31.03.2021 :
II. Movement of CRAR ie, CRAR as on Balance sheet Date for the current year
vis-avis previous year
Particulars As on 31.03.2020 As on 31.03.2021

CRAR 13.00% 14.05%
III. Investments (in lakhs)
a(i) Book Value of Investments 5443.48

a(ii) Face Value of Investmets 5499.10
b Market value of investments 5409.65
Details of issuer composition of Non-SLR investments and non-performing non-SLR

investments (UBD.CO.BPDD(PCB) Cir No: 45/16.20.00/2003-04 Dated April 15,2004,
and BD.(PCB)BPD.Cir No: 14/16.20.00/2007-08) dated September 18,2007)
* Issuer Composition of Non-SLR Investments (Rs in Crore)
Extent of
Extent of Extent of
Below
No Issuer Amount unrated unlisted
Investments
Securities Securities
grade Securitiies
1 2 3 4 5 6
1 PSU's 5.26 0.00 0.00 0.00
2 FI's 0.00 0.00 0.00 0.00
3 Public Sector Banks 0.00 0.00 0.00 0.00
4 Mutual funds 0.00 0.00 0.00 0.00
5 Other non-convertible 1.00 1.00 0.00 1.00
Debentures
6 Provision Held towards 0.50 0.00 0.00 0.00
Depreciation
42
Non-performing Non SLR Investment
Amount
Particulars
(In lakhs )
Opening Balance 100.00
Additions during the year since 1St April 0.00
Reductions during the above period 0.00
Closing Balance 100.00
Total Provisions held 50.00
IV) Advances against real estate, construction business, housing: Rs in lakhs

Advance against real estate 0.00
Advance against construction business 0.00
Advance against Housing 1497.16
Total 1497.16
V) Advances against Shares and debentures: NIL
VI) Advances to Directors, their relatives, companies/Firms in which they are

interested: (Rs in lakhs)
A Fund based 226.96

B Non-fund based (guarantee L/c etc) 0.00
Total 226.96
VII) Cost of Deposits: Average cost of Deposit: 7.15
VIII) NPA's(Rs in lakhs)
A Gross NPA’s 20.90

B Net NPA’s Nil
IX) Movement of NPA's ie., Gross and net NPA as on Balance sheet date for the
current year vis-à-vis previous year. Net NPA's should be arrived at after
deducting provisions held, interest suspense account etc.
As on 31.03.2021 As on 31.03.2020 Increase/Decrease

A Gross NPA’s 20.90 27.74 - 6.84
B Provisions held 92.69 81.69 +11.00
C Net NPA’s Nil Nil Nil
43
X Profitability
a) Interest income as a percentage of working funds 7.30
b) Non-interest income as a percentage of working funds 0.04
c) Operating profit as a percentage of working funds 0.78
d) Return of assets 0.61
e) Business (deposits +advance) per employee 31.52 crore
f) Profit per employee 13.31 lakhs
XI. Provisions made towards NPA's, Depreciation in investments, Standard

Assets. (Rs in lakhs)
Provision towards NPA’s 92.69

Provision towards Investment Depreciation 66.21
Provision against Standard Assets 50.48
XII. Movement in provisions: (i.e, Provisions as on Balance sheet date for the
current year (e.g. March 31, 2021, vis-à-vis previous year (e.g. March 31, 2020)
As on 31.03.2021 As on 31.03.2020 Increase

a) Provision towards NPA’s 92.69 81.69 11.00
b) Provision towards Depreciation 66.21 66.21
on Investments
c) Provision towards Standard assets 50.48 50.48
XIII. Foreign currency assets & liabilities: (if applicable) : Nil
Deposit insurance premium paid during 2020-21 is as follows.
Total Deposits &

Date of other liabilities on Total amount
Period Premium GST
payment which premium is paid
due
Half year ending 28.05.2020 148,38,49,915.81 8,90,310.00 1,60,255.80 10,50,565.80
September 2020
Half year ending 21.11.2020 170,99,84,968.35 10,25,991.00 1,84,678.38 12,10,669.38

March 2021
XIV. Arrears if any: Nil
44
XV) Penalty imposed by RBI : Nil
XVI) Restructured accounts
There is no restructured advance as on 31st March 2021.
XVII) Fixed assets – Valuation/Revaluation
No fixed assets have been revalued and there is no change in method of depreciation.
XVIII. Contingent liabilities – others
Amount transferred to and reimbursed from Depositors Education and Awareness
fund (DEAF) (Amount in Crore)
Current year Previous year
Opening balance of amounts transferred to DEAF 0.03 0.03
Add amounts transferred to DEAF during the year NIL Nil
Less Amounts reimbursed from DEAF towards claims NIL Nil
Closing balance of amounts transferred to DEAF 0.03 0.03
MC Shekar
Place : Bengaluru Chartered Accountant
Date : 22-07-2021 M. No. 029555
45
Independent Auditor's report
To the members of
The Accountant General's Office
Employees Co-operative Bank Ltd
Park House Road, Bengaluru-560 001
1. Report on the Financial Statements:

We have audited the accompanying financial statements of The Accountant General's Office
Employees Co-operative Bank Ltd, which comprise the Balance Sheet as at March 31, 2021 and the
Statement of Profit and Loss for the year then ended, and a summary of significant accounting
policies and other explanatory information.
2. Management's Responsibility for the Financial Statements:
Management is responsible for the preparation of these financial statements that give a true and
fair view of the financial position and financial performance of the Bank in accordance with the
Banking Regulation Act 1949 complying with Reserve Bank of India guidelines from time to time.
This responsibility includes the design, implementation and maintenance of internal control
relevant to the preparation and fair presentation of the financial statements that give true and fair
views and are free from material misstatements, whether due to fraud or error.
3. Auditor's Responsibility:
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 than we comply with ethical
requirements and plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and
disclosures in the financial statements. The procedure selected depends on the auditor's
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 Company's preparation and fair presentation of the financial
statement in order to design audit procedure 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.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis
for our audit opinion.
46
4. Opinion:
In our opinion and to the best of our information and according to the explanations given to us, the
financial statements, read with comments mentioned in paragraph (5) below, give the information
required by the Act in the manner so required and give a true and fair view in conformity with the
accounting principles generally accepted in India:
a) In the case of Balance sheet, of the state of affairs of the Bank as at March 31, 2021.
b) In the case of Profit and Loss account, of the Profit the year ended on that date
March 31, 2021.
5. Report on other Legal and Regulatory requirements:
Information required to be furnished under Banking Regulation Act, 1949 and Co-operative
Societies Act, 1959 and rules made there under are annexed.
6. Subject to the limitation of the audit as indicated in Paragraphs 3 and other points indicated in
Paragraph 5 above we report that:
1. We have obtained all the information and explanation which to the best of our knowledge and
belief were necessary for the purpose of the audit and have found them to the satisfactory.
2. The transactions of the Bank which have come to our notice have been within the powers of the
Bank.
3. In our opinion, proper books of account as required by law have been kept by the bank, so far as
appears from our examination of those books.
4. The Balance sheet and profit & loss account dealt with by this report are in agreement with the
Books of accounts maintained by the Bank.
Place: Bengaluru For MC Shekar & Co

Date: 22.07.2021 (M C SHEKAR)
M No: 029555 FR NO: 005128S Chartered Accountant
47
2020-21£ÉÃ ¸Á°£À ¤ªÀé¼À ¯Á¨sÀzÀ «¯ÉÃªÁj
Sl. Maximum Appropriated

¤ªÀé¼À ¯Á¨sÀ/Net Profit : ` 11,979,453 Amount
No. % %
1 Reserve Fund 25.00 25.00 29,94,863.00
D¥ÀzÀÞ£À ¤¢ü
2 Co-Operative Education Fund 2.00 2.00 1,79,692.00
¸ÀºÀPÁgÀ ²PÀët ¤¢ü
3 Urban Bank Federation 1.00 1.00 88,049.00
ªÀÄºÁªÀÄAqÀ¼ÀPÉÌ ªÀAwPÉ
4 Investment Fluctuation Fund 5.00 - 2,00,000.00
ºÀÆrPÉUÀ¼À Kj½vÀ ¤¢ü
5 Death Fund 10.00 - -
ªÀÄgÀt ¤¢ü
6 Members Welfare Scheme 10.00 - -
¸ÀzÀ¸ÀågÀ PÀ¯Áåt ¤¢ü
7 Bad Debt Fund 10.00 - -
ºÉÆÃPÀÄ ¨ÁPÀÄ ¤¢ü
8 Dividend Equalisation Fund 3.00 - -
¯Á¨sÁA±À ¸ÀªÀÄvÉÆÃ®£À ¤¢ü
9 Charity Fund 2.00 - -
zÁ£À zsÀªÀÄð ¤¢ü
10 Staff Benovalent Fund 3.00 - -
¹§âA¢ ¤¢ü
11 Errosion Of Assets 2.00 - -
UÀÄAvÁAiÀÄUÀ¼À ¸ÀªÀPÀ½ ¤¢ü
12 Dividend Payable (25% on Share Capital) 25.00 10.00 85,16,848.89
¸ÀzÀ¸ÀågÀ ¯Á¨sÁA±À (µÉÃgÀÄ §AqÀªÁ¼ÀzÀ ªÉÄÃ¯É 25%)
Total Appropriated Amount 1,19,79,452.89
48
2021-22£ÉÃ ¸Á°£À DAiÀÄªÀåAiÀÄzÀ ¥ÀnÖ
2021 ¸Á°£À 2021-22
PÀæ.¸ÀA «ªÀgÀ ºÉZÁÑzÀ dªÀiÁ /
CAzÁdÄ DAiÀÄªÀåAiÀÄ dªÀiÁ / RZÀÄð CAzÁdÄ DAiÀÄªÀåAiÀÄ
RZÀÄð
1 ¸Á®UÀ¼À ªÉÄÃ°£À §rØ 9,75,00,000.00 9,90,20,919.00 - 10,00,00,000.00
2 ºÀÆrPÉUÀ¼À ªÉÄÃ°£À §rØ 4,15,00,000.00 4,38,76,359.00 - 6,10,00,000.00
3 ¥ÀæªÉÃ±À zsÀ£À ªÀÄvÀÄÛ µÉÃgÀÄ zsÀ£À 3,00,000.00 3,25,865.00 - 2,00,000.00
4 CfðUÀ¼À ªÀiÁgÀl¢AzÀ 15,000.00 18,596.00 - 10,000.00
5 EvÀgÉ DzÁAiÀÄ 5,00,000.00 5,61,098.00 - 6,00,000.00
MlÄÖ gÀÆ. 13,98,15,000.00 14,38,02,837.00 - 16,18,10,000.00
1 oÉÃªÀtÂUÀ¼À ªÉÄÃ°£À §rØ 9,85,00,000.00 11,38,38,444.00 1,53,38,444.00 12,75,00,000.00
2 ¹§âA¢ RZÀÄð 55,00,000.00 63,14,744.00 8,14,744.00 80,00,000.00
3 ¦ÃoÉÆÃ¥ÀPÀgÀt 25,000.00 - - 1,00,000.00
4 PÀA¥ÀÆålgï / J.n.JA. 6,00,000.00 - - 5,00,000.00
5 ¨ÁrUÉ, DqÀ½vÀ RZÀÄð 10,000.00 6,660.00 - 10,000.00
6 ¸Á¢¯ÁégÀÄ ªÀÄvÀÄÛ ¥ÀæAiÀiÁt ¨sÀvÉå 6,00,000.00 6,06,713.00 6,713.00 8,00000.00
7 ªÀÄÄzÀæt ªÀÄvÀÄÛ ¯ÉÃR£À ¸ÁªÀÄVæ 2,00,000.00 91,905.00 - 1,50,000.00
8 eÁ»ÃgÁvÀÄ 1,50,000.00 1,36,750.00 - 1,50,000.00
9 zÀÆgÀªÁtÂ ªÀÄvÀÄÛ CAZÉ ªÉZÀÑ 1,75,000.00 1,34,227.00 - 1,75,000.00
10 ªÀÄºÁ¸À¨sÉ RZÀÄð 4,00,000.00 3,00,156.00 - 4,00,000.00
11 E¼ÀÄªÀj 3,50,000.00 4,27,367.00 77,367.00 5,00,000.00
12 ¨ÁåAPï «ªÉÄ 20,00,000.00 20,38,563.00 38,653.00 24,00,000.00
13 ¯ÉPÀÌ¥Àj±ÉÆÃzsÀ£Á ±ÀÄ®Ì 7,00,000.00 6,18,400.00 - 7,00,000.00
14 PÀA¥ÀÆålgï ¯ÉÃR£À ¸ÁªÀÄVæ 50,000.00 31,625.00 - 50,000.00
15 ªÁ¶ðPÀ ªÄÉÃ°Z
é Águ
À U
É ÁV/JnJA/PAÀ¥Æ
À ålgï 6,00,000.00 7,03,958.00 1,03,958.00 7,00,000.00
16 j¥ÉÃj ªÀÄvÀÄÛ ¤ªÀðºÀuÉ 25,000.00 18,718.00 - 1,00,000.00
17 EvÀgÉ RZÀÄð 15,00,000.00 14,47,098.00 - 16,00,000.00
18 PÁ£ÀÆ£ÀÄ ªÉZÀÑ 4,00,000.00 3,99,967.00 - 4,50,000.00
19 DqÀ½vÀ ªÀÄAqÀ½ RZÀÄð 15,000.00 10,645.00 - 15,000.00
20 ZÀÄ£ÁªÀuÁ ªÉZÀÑ 1,50,000.00 1,50,000.00 - -
MlÄÖ gÀÆ. 11,19,50,000.00 12,72,75,940.00 1,63,79,789.00 14,43,00,000.00
49
¨ÉÊ¯Á wzÀÄÝ¥Àr / Bye Law Ammendment
Existing Proposed
78 ¸Á®UÀ¼À CªÀ¢ü : ¸Á®UÀ¼À CªÀ¢ü :
C¯ÁàªÀ¢ü ¸Á®UÀ¼À£ÀÄß 15 wAUÀ¼ÀªÀgÉUÀÆ, C¯ÁàªÀ¢ü ¸Á®UÀ¼À£ÀÄß 40 wAUÀ¼ÀªÀgÉUÀÆ,
ªÀÄzsÀåªÀiÁªÀ¢ü ¸Á®UÀ¼À£ÀÄß 15 wAUÀ½AzÀ 5 ªÀÄzsÀåªÀiÁªÀ¢ü ¸Á®UÀ¼À£ÀÄß 41 wAUÀ½AzÀ 80
ªÀμÀðUÀ¼ÀªÀgÉUÀÆ ¢ÃWÁðªÀ¢ü ¸Á®UÀ¼À£ÀÄß wAUÀ¼ÀªÀgÉUÀÆ ¢ÃWÁðªÀ¢ü ¸Á®UÀ¼À£ÀÄß 40
5 ªÀμÀðUÀ½UÀÆ ºÉaÑ£ÀCªÀ¢üUÉ ªÀÄAdÆgÀÄ wAUÀ¼ÀUÀ½UÀÆ ºÉaÑ£ÀCªÀ¢üUÉ ªÀÄAdÆgÀÄ
ªÀiÁqÀ§ºÀÄzÀÄ. ªÀiÁqÀ§ºÀÄzÀÄ.
PERIOD OF LOANS PERIOD OF LOANS
Short Term Loans may be sanctioned up to Short Term Loans may be sanctioned up to 40
15 Months, Medium Term Loans from 15 Months, Medium Term Loans from 41 Months to
Months to 5 Years and Long Term Loan for 80 Months and Long Term Loan for more than 80
more than 5 Years. Months.
107 FUNDS & UTILISATION OF FUNDS

6. Charity Fund This fund shall be
utilized for the charity work. The amount
shall be utilized as per the Government / Proposed for Deletion
Reserve Bank of India guidelines. The
Amount to this fund shall be accumulated
out of distribution of Net Profits of the Bank
Every Year
108 ¤ªÀé¼À ¯Á¨sÀ «¨sÀd£ÁPÀæªÀÄ: ¤ªÀé¼À ¯Á¨sÀ «¨sÀd£ÁPÀæªÀÄ:

PÁAiÉÄÝAiÀÄ PÀ®A 57 ºÁUÀÆ ¤AiÀÄªÀÄUÀ¼À PÁAiÉÄÝAiÀÄ PÀ®A 57 ºÁUÀÆ ¤AiÀÄªÀÄUÀ¼À 22£ÉÃ
22£ÉÃ ¤AiÀÄªÀÄzÀ°è £ÀªÀÄÆ¢¹gÀÄªÀAvÉ ¤AiÀÄªÀÄzÀ°è £ÀªÀÄÆ¢¹gÀÄªÀAvÉ DAiÀiÁ ªÀμÀðzÀ°è
DAiÀiÁ ªÀμÀðzÀ°è ¨ÁåAPÀÄ UÀ½¹zÀ ¤ªÀé¼À ¨ÁåAPÀÄ UÀ½¹zÀ ¤ªÀé¼À ¯Á¨sÀªÀ£ÀÄß ¸ÁªÀiÁ£Àå
¯Á¨s À ª À £ À Ä ß ¸ÁªÀ i Á£À å ¸À ¨ s É A iÀ Ä °è ¸À¨sÉAiÀÄ°è WÉÆÃ¶¸ÀvÀPÀÌzÀÄÝ ªÀÄvÀÄÛ F PÉ¼ÀPÀAqÀAvÉ
WÉÆÃ¶¸ÀvÀPÀÌzÀÄÝ ªÀÄvÀÄÛ F PÉ¼ÀPÀAqÀAvÉ «AUÀqÀuÉ ªÀiÁqÀvÀPÀÌzÀÄÝ. ¤ªÀé¼À ¯Á¨sÀªÀ£ÀÄß F
«AUÀqÀuÉ ªÀiÁqÀvÀPÀÌzÀÄÝ. ¤ªÀé¼À ¯Á¨sÀªÀ£ÀÄß PÉ¼ÀV£ÀAvÉ «AUÀqÀuÉ ªÀiÁqÀÄªÀÅzÀPÉÌ ªÀÄÄAZÉ,
F PÉ¼ÀV£ÀAvÉ «AUÀqÀuÉ ªÀiÁqÀÄªÀÅzÀPÉÌ
»A¢£À ªÀμÀðzÀ CxÀªÁ ªÀμÀðUÀ¼À°è£À
ªÀÄÄAZÉ, »A¢£À ªÀμÀðzÀ CxÀªÁ
ªÀμÀðUÀ¼À°è£À PÉÆæÃrüÃPÀÈvÀ £ÀμÀÖªÀ£ÀÄß F PÉÆæÃrüÃPÀÈvÀ £ÀμÀÖªÀ£ÀÄß F ¤ªÀé¼À ¯Á¨sÀzÀ°è ªÀeÁ
¤ªÀé¼À ¯Á¨sÀzÀ°è ªÀeÁ ªÀiÁr G½zÀ ªÀiÁr G½zÀ ¯Á¨sÀªÀ£ÀÄß ªÀiÁvÀæ «¨sÀd£É
¯Á¨sÀªÀ£ÀÄß ªÀiÁvÀæ «¨sÀd£É ªÀiÁqÀvÀPÀÌzÀÄÝ. ªÀiÁqÀvÀPÀÌzÀÄÝ.
METHOD OF DISTRIBUTION OF PROFITS METHOD OF DISTRIBUTION OF PROFITS

At the General Meeting, the Net Profits At the General Meeting, the Net Profits
earned by the Bank every Year as earned by the Bank every Year as
50
¨ÉÊ¯Á wzÀÄÝ¥Àr / Bye Law Ammendment
Existing Proposed
calculated as per Section.57 of the Act and calculated as per Section.57 of the Act and
Rule 22 of the Rules shall be announced Rule 22 of the Rules shall be announced
and distributed as under. Before and distributed as under. Before distributing
distributing profits, the accumulated losses profits, the accumulated losses of the
of the previous year or years shall be previous year or years shall be deducted out
deducted out of the net profits and the of the net profits and the remaining balance
remaining balance of profits only shall be of profits only shall be distributed as below.
distributed as below.
Reserve Fund 25% Reserve Fund 25%

Co-Operative Education Fund 02% Co-Operative Education Fund 02%
Urban Banks Federation Fund 01% Urban Banks Federation Fund 01%
Investment Fluctuation Fund 05% Investment Fluctuation Fund 05%
Death Fund 10% Death Fund 10%
Members Welfare Scheme 10% Members Welfare Scheme 10%
Bad Debt Fund 10% Bad Debt Fund 10%
Dividend Equalisation Fund 03% Dividend Equalisation Fund 03%
Charity Fund 02% Charity Fund - to be excluded
Staff Benevolent Fund 03% Staff Benevolent Fund 03%
Erosion of Assets 02% Erosion of Assets 02%
Dividend Payable-As-decided by the Board Dividend Payable-As-decided by the Board
The remaining Net Profit if any shall be The remaining Net Profit if any shall be carried
carried to the Reserve Fund. to the Reserve Fund.
RESOLUTIONS TO BE PASSED
It is resolved that the following has been approved to be
th th
passed in the 67 Annual General Meeting held on 14 August 2021
"The amounts available under Building Fund (Rs. 12,967.23),
Charity Fund (Rs. 257477.56) and Jubilee Fund (Rs. 490277.34)
shall be transferred to Reserve Fund".
51
¨ÁåAQ£À ªÀ»ªÁn£À vÀÄ®£ÁvÀäPÀ ¥ÀnÖ 2017-18 jAzÀ 2020-21
gÀÆ. ®PÀëUÀ¼À°è
PÀæªÀÄ
¸ÀASÉå «ªÀgÀ 2017-18 2018-19 2019-20 2020-21
1 ¸ÀzÀ¸ÀågÀ ¸ÀASÉå 1576 1489 1410 1324

2 ¥ÁªÀwAiÀiÁzÀ µÉÃgÀÄ §AqÀªÁ¼À 757.24 813.97 844.34 858.52
3 ¤gÀAvÀgÀ oÉÃªÀtÂ 714.81 886.01 266.90 419.31
4 ¥ÀgÀ¸ÀàgÀ ¸ÀºÁAiÀÄ ¤¢ü 1,936.29 1,934.95 2,020.20 1,9939.17
5 G½vÁAiÀÄ SÁvÉ 3,017,62 3,238.11 3,046.40 3,354.66
6 ¤²v
Ñ À JAJA¹ ªÄÀvÄÀÛ z£
Às ª
À µ
À ð
À oÃÉªt
À Â 9,338.22 9,121.38 8,995.81 10,917.97
7 EvÀgÉ oÉÃªÀtÂ 362.58 384.80 414.99 417.24
8 ªÉÊAiÀÄQÛPÀ ¸Á® 7,871.83 8,385.98 8,214.60 8,283.43
9 UÀÈºÀ ¤ªÀiÁðt ¸Á® 1,872.82 1,982.26 1,932.60 1,577.54
10 C¯ÁàªÀ¢ü, ªÀÄzsÀåªÀiÁªÀ¢ü ªÀÄvÀÄÛ
«zÉÃ² ¥ÀæAiÀiÁtPÉÌ ¸Á® 736.87 878.27 909.95 783.81
11 §¼ÀPÉ ¸Á® ªÀÄvÀÄÛ «zÁå¨sÁå¸À ¸Á® 409.04 433.39 348.65 383.62
12 ªÁºÀ£ÀUÀ¼À ªÉÄÃ°£À ¸Á® 309.56 291.15 258.66 237.06
13 oÉÃªÀtÂUÀ¼À ªÉÄÃ°£À ¸Á® 35.15 33.26 21.17 18.87
14 ¤¢ü ªÀÄvÀÄÛ EvÀgÉ ¤¢ü 934.23 1,031.07 1,170 1,455.64
15 ¸Á®UÀ¼ÀÄ, UÀÄAvÁ¬ÄUÀ¼À ªÉÄÃ°£À §rØ 1,470.25 1,478.83 1,448.36 1,428.77
16 oÉÃªÀtÂUÀ¼À ªÉÄÃ°£À §rØ 1,083.30 1,093.06 1,090.74 1,138.38
17 ¹§âA¢ RZÀÄð 61.88 75.14 74.49 63.15
18 ¤ªÀé¼À ¯Á¨sÀ 183.11 171.76 266.74 119.79
19 ºÀÆrPÉUÀ¼ÀÄ 5,186.31 4,836.18 4,406 7,136.19
20 MlÄÖ ªÀ»ªÁlÄ 1,25,614.70 1,20,262.07 1,21,260.81 1,22,521.10
21 ¯Á¨sÀzÀ ºÀAaPÉ 16% 15% 14.5% 10%
52
Membership Net Profit (in lakh)
266.74
126.16 183.11 171.76

90.65 119.79
1797 68.59
1662
1659
1644 50.30
1582 1576
1529 1489 1410 43.19
1324
15.62
2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
LOANS (in crore) DEPOSITS (in crore)
155.79 170.48
117.14 153.70 147.59
120.33 113.25
149.13
112.52 138.34
105.53 119.44
96.96 110.91
91.79
82.56 97.11
71.04 83.30
59.14
2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
53
¸Á®UÁgÀgÀ dªÁ¨ÁÝj ªÀÄvÀÄÛ PÀvÀðªÀåUÀ¼ÀÄ
1. ¸Á®zÀ PÀAvÀÄUÀ¼À£ÀÄß PÁ®PÁ®PÉÌ ªÀÄgÀÄ¥ÁªÀw ªÀiÁqÀ¨ÉÃPÀÄ. ¸Á®zÀ PÀAvÀÄUÀ¼ÀÄ ¸ÀPÁ®PÉÌ

¥ÁªÀwAiÀiÁUÀzÉ EzÀÝ°è ¸Á®UÁgÀ¤UÁUÀ°, eÁ«ÄÃ£ÀÄzÁgÀ¤UÁUÀ° ¸Á®zÀ PÀAvÀÄUÀ¼À
ªÀÄgÀÄ¥ÁªÀwAiÀiÁUÀÄªÀªÀgÉUÉ EvÀgÉ ¸Ë®¨sÀå zÉÆgÉPÀÄªÀÅ¢®è.
2. ¸ÁªÀiÁ£ÀåªÁV ¸Á®zÀ PÀAvÀÄUÀ¼ÀÄ ¸ÀÄ¹ÛAiÀiÁzÀ°è ªÀ¸ÀÆ¯ÁwUÁV ¸ÀÆZÀ£Á ¥ÀvÀæªÀ£ÀÄß
PÀ¼ÀÄ»¸À¯ÁUÀÄªÀÅzÀÄ. ¸ÀÆZÀ£Á ¥ÀvÀæ vÀ®Ä¥ÀzÉÃ EzÀÝgÀÆ ¸Á®UÁgÀ£ÀÄ vÀ£Àß ºÉÆuÉUÁjPÉ¬ÄAzÀ
vÀ¦à¹PÉÆ¼Àî®Ä ¸ÁzsÀå«®è.
3. 3 PÀAvÀÄUÀ½VAvÀ®Ä ºÉZÀÄÑ ¸ÀÄ¹ÛAiÀiÁVzÀ°è ¨ÁQ EgÀÄªÀ PÀAvÀÄUÀ¼À ªÉÄÃ¯É ±ÉÃPÀqÀ 2 gÀAvÉ ¸ÀÄ¹Û
§rØAiÀÄ£ÀÄß «¢ü¸À¯ÁUÀÄªÀÅzÀÄ ºÁUÀÆ ªÀ¸ÀÆ¯ÁwUÁV ¸ÀºÀPÁj PÁ£ÀÆ£ÀÄ 1959 PÀ®A 64 gÀ°è
zÀvÀÛªÁzÀ C¢üPÁgÀzÀAvÉ ªÀ¸ÀÆ¯Áw PÀæªÀÄ dgÀÄV¸À¯ÁUÀÄvÀÛzÉ.
4. ¸Á® ¸ÀÄ¹ÛAiÀiÁzÀ°è eÁ«ÄÃ£ÀÄzÁgÀgÀ ªÉÄÃ¯É J¯Áè jÃwAiÀÄ ªÀ¸ÀÆ¯ÁwAiÀÄ PÀæªÀÄ
dgÀÄV¸À¯ÁUÀÄªÀÅzÀÄ. eÁ«ÄÃ£ÀÄzÁgÀjUÉ EzÀjAzÁUÀÄªÀ C£Á£ÀÄPÀÆ®PÉÌ ¨ÁåAPÀÄ
dªÁ¨ÁÝjAiÀiÁUÀÄªÀÅ¢®è.
5. ¸ÀÆZÀ£Á ¥ÀvÀæªÀ£ÀÄß PÁ® PÁ®PÉÌ ¥ÀjÃQë¹, £ÀÆå£ÀvÉUÀ¼ÉÃ£ÁzÀgÀÆ UÀªÀÄ¤¹zÀ°è ¸ÀA§AzsÀ¥ÀlÖ
C¢üPÁjUÀ¼À UÀªÀÄ£ÀPÉÌ vÀAzÀÄ DVAzÁUÉÎ ¸Àj¥Àr¹PÉÆ¼Àî¨ÉÃPÀÄ.
eÁ«ÄÃ£ÀÄzÁgÀgÀ dªÁ¨ÁÝj ªÀÄvÀÄÛ PÀvÀðªÀåUÀ¼ÀÄ
1. ¥À æ w AiÉ Æ §â eÁ«ÄÃ£À Ä zÁgÀ £ À Ä ¨ÁåAQ£À ¸Á®zÀ ºÀ t PÉ Ì ¸Á®UÁgÀ g À µ É Ö Ã

dªÁ¨ÁÝgÀ£ÁVgÀÄvÁÛ£É. ¸Á®UÁgÀ£À ¨ÁQ ªÀ¸ÀÆ¯ÁwUÁV eÁ«ÄÃ£ÀÄzÁgÀgÀ ªÉÄÃ¯É
£ÉÃgÀªÁzÀ ªÀ¸ÀÆ° PÀæªÀÄ dgÀÄV¸À¯ÁUÀÄªÀÅzÀÄ.
2. eÁ«ÄÃ£ÀÄzÁgÀgÁUÀÄªÀªÀgÀÄ ¸Á®UÁgÀ£À ªÉÊAiÀÄQÛPÀ ¹Üw, ¸Á®zÀ GzÉÝÃ±À ªÀÄvÀÄÛ ¸Á®ªÀ£ÀÄß
wÃj¸ÀÄªÀ ±ÀQÛ EªÀÅUÀ¼À£ÀÄß eÁ«ÄÃ£ÀÄzÁgÀgÁUÀÄªÀ ªÀÄÄ£Àß «ZÁj¹PÉÆ¼Àî¨ÉÃPÀÄ.
3. ¸Á®UÁgÀ£ÀÄ ¤UÀ¢üAiÀiÁzÀ PÀAvÀÄUÀ¼À£ÀÄß ¥ÁªÀw ªÀiÁqÀÄwÛgÀÄªÀ£ÉÆÃ E®èªÉÇÃ JA§ÄzÀ£ÀÄß
«ZÁj¸ÀÄwÛgÀ¨ÉÃPÀÄ.E®èªÁzÀgÉ ¸Á® ºÉÆuÉ eÁ«ÄÃ£ÀÄzÁgÀ£ÀzÁÝVgÀÄvÀÛzÉ JA§ÄzÀ£ÀÄß
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PÀ¼ÀÄ»¸À¯ÁUÀÄvÀÛzÉ. DzÀgÉ ¥ÀæwAiÀÄ£ÀÄß eÁ«ÄÃ£ÀÄzÁgÀjUÀÆ PÀ¼ÀÄ»¸À¯ÁUÀÄªÀÅzÀÄ. MAzÀÄ ªÉÃ¼É
eÁ«ÄÃ£ÀÄzÁgÀjUÉ ¸ÀÆZÀ£É ¥ÀvÀæ ¤ÃqÀzÉÃ EzÀÝgÀÆ CxÀªÁ ¸ÀÆZÀ£Á ¥ÀvÀæ vÀ®Ä¥ÀzÉÃ EzÀÝgÀÆ
¸ÀºÀ eÁ«ÄÃ£ÀÄzÁgÀ£ÀÄ vÀ£Àß ºÉÆuÉUÁjPÉ¬ÄAzÀ vÀ¦à¹PÉÆ¼Àî¯ÁUÀÄªÀÅ¢®è.
4. ¸Á®UÁgÀ£ÀÄ 3 PÀAvÀÄUÀ½VAvÀ ºÉZÀÄÑ PÀAvÀÄUÀ¼À£ÀÄß ªÀÄgÀÄ¥ÁªÀw ªÀiÁqÀzÉÃ EzÀÝ°è ¸ÀºÀPÁj
PÁAiÉÄÝ 1959 PÀ®A 34 gÀ°è zÀvÀÛªÁzÀ C¢üPÁgÀ¢AzÀ eÁ«ÄÃ£ÀÄzÁgÀ£À ¸ÀA§¼À¢AzÀ
ªÀ¸ÀÆ¯Áw CxÀªÁ eÁ«ÄÃ£ÀÄzÁgÀ£À ªÀÄ£É / PÀbÉÃj ªÉÄÃ¯É PÀæªÀÄ vÉUÉzÀÄPÉÆ¼Àî¯ÁUÀÄªÀÅzÀÄ.
54
Important Information to Members
1. As per approved Bye-Laws (No. 19 ) of 1. ¨ÁåAQ£À C£ÀÄªÉÆÃ¢vÀ ¨ÉÊ-¯Á¸ï (¸ÀASÉå 19) ¥ÀæPÁgÀ
the Bank below are the Responsibilities ¸ÀzÀ¸ÀågÀ dªÁ¨ÁÝjUÀ¼À£ÀÄß PÉ¼ÀUÉ ¤ÃqÀ¯ÁVzÉ.
of a Member
v ¨ÁåAQ¤AzÀ ¥ÀqÉzÀ ¸Á®zÀ CxÀªÁ AiÀiÁªÀÅzÉÃ jÃwAiÀÄ
v
If a member has defaulted in the repayment
¨ÁQAiÀÄ£ÀÄß ¥ÁªÀw¸À®Ä ¸ÀÄ¹ÛzÁgÀ £ÁVzÀÝ°è, CAxÀ
of loan or payment of any other dues, such
member shall not have a right to vote in the
¸À zÀ¸Àå£ÀÄ ¸ÁªÀiÁ£Àå ¸À¨sÉAiÀÄ°è ªÀÄvÀ¤ÃqÀÄªÀ ºÀPÀÌ£ÀÄß
general meeting and to participate, contest ºÁUÀÆ ¤zÉÃð±ÀPÀgÀ ZÀÄ£ÁªÀuÉAiÀÄ°è ªÀÄvÀ ¤ÃqÀÄªÀ
and vote in the election of the directors. ªÀ ÄvÀÄÛ ¸Àà¢üð¸ÀÄªÀ ºÀPÀÌ£ÀÄß ºÉÆA¢gÀvÀPÀÌzÀÝ®è.
v
If a member of the bank has failed to attend v ¨ÁåAQ£À ¸ÀzÀ¸Àå£ÀÄ »A¢£À LzÀÄ ªÁ¶ðPÀ ¸ÁªÀiÁ£Àå
three general meetings out of five past ¸À¨sÉUÀ¼À ¥ÉÊQ 3 ¸À¨sÉUÀ½UÉ ºÁdgÁUÀ¢zÀÝ°èCxÀªÁ
general meetings and has failed to utilize ªÀÄÆgÀÄ ¤gÀAvÀgÀ ¸ÀºÀPÁgÀ ªÀµÀðUÀ¼ÀªÀgÉUÉ F
such minimum services or facilities every G¥À«¢üUÀ¼À°è ¤¢ðµÀÖ¥Àr¹zÀAvÉ ¨ÁåAPÀÄ zÉÆgÀQ¹-
year as may be specified in the byelaws (No. PÉÆqÀÄªÀ PÀ¤µÀ× ¸ÉÃªÉUÀ¼À£ÀÄß CxÀªÁ ¸Ë®¨sÀåUÀ¼À£ÀÄß ¥ÀæwÃ
20) for a continuous period of three
ªÀµÀð §¼À¹PÉÆ¼Àî®Ä vÀ¦àzÀÝ°è, CAxÀ ¸ÀzÀ¸Àå£ÀÄ ªÀÄÆgÀÄ
consecutive years, such member shall not
have a right to vote in the general meeting
ªÀµÀðUÀ¼À CªÀ¢üUÉ ¸ÁªÀiÁ£Àå ¸À¨sÉAiÀÄ°è ªÀÄvÀ ¤ÃqÀÄªÀ
and to participate, contest and vote in the ºÀPÀÌ£ÀÄß ºÁUÀÆ ¤zÉÃð±ÀPÀ£ÀZÀÄ£ÁªÀuÉAiÀÄ°è ªÀÄvÀ
election of the directors for a period of three ¤ÃqÀ ÄªÀ ºÁUÀÆ ¸Àà¢üð¸ÀÄªÀ ºÀPÀÌ£ÀÄß ºÉÆA¢gÀvÀPÀÌzÀÝ®è.
years.
2. National Automated Clearing House 2. ¨sÁgÀwÃAiÀÄ j¸Àªïð ¨ÁåAPï (Dgï©L) ¤zÉðÃ±À£ÀzÀAvÉ

(NACH) has been made operational on all 01-08-2021 jAzÀ eÁjUÉ §gÀÄªÀAvÉ National
days (365 days) in a year with effect from Automated Clearing House (NACH) C£ÀÄß
01/08/2021, as per the directions of ªÀµÀðzÀ°è J¯Áè ¢£ÀUÀ¼À°è (365 ¢£ÀUÀ¼ÀÄ)
Reserve Bank of India (RBI). In view of this PÁAiÀÄð¤ªÀð»¸ÀÄªÀAvÉ ªÀiÁqÀ¯ÁVzÉ. NACH DzÉÃ±À
End-to-End processing of NACH Mandate & ªÀÄvÀÄÛ EvÀåxÀðzÀ JAqï-lÄ-JAqï ¥ÀæQæAiÉÄAiÀÄ£ÀÄß
Settlement will be automated by the Bank ¨ÁåAPï ²ÃWÀæzÀ¯ÉèÃ ¸ÀéAiÀÄA ZÁ°vÀUÉÆ½¸À°zÉ. JAqï-
very soon. There will be no human lÄ-JAqï (end-to-end) DmÉÆÃªÉÄÃµÀ£ï ªÀiÁrzÀ
intervention after End-to-End Automation is £ÀAvÀgÀ AiÀiÁªÀÅzÉÃ ªÀiÁ£ÀªÀ ºÀ¸ÀÛPÉëÃ¥À EgÀÄªÀÅ¢®è.
done. Depending on the Balance in UÁæºÀPÀgÀ SÁvÉAiÀÄ°è£À ¨Áå¯É£ïì C£ÀÄß CªÀ®A©ü¹,
customer Account, the transaction gets
ªÀ » ªÁl£À Ä ß C£À Ä ªÉ Æ Ã¢¸À ¯ ÁUÀ Ä vÀ Û z É CxÀ ª Á
approved or rejected. So, it is requested to
wgÀ¸ÀÌj¸À¯ÁUÀÄvÀÛzÉ. DzÀÝjAzÀ ¤ªÀÄä SÁvÉAiÀÄ°è CUÀvÀå
maintain necessary balance in your
Account. ¨Áå¯É£ïì C£ÀÄß ¤ªÀð»¸À®Ä «£ÀAw¸À¯ÁVzÉ.
3. Positive Pay System(PPS), under this, the 3. Positive Pay System (PPS) EzÀgÀ CrAiÀÄ°è, ZÉPï
issuer of the cheque (for amounts of ` ¤ÃqÀÄªÀªÀgÀÄ (` 50,000 ªÀÄvÀÄÛ CzÀQÌAvÀ ºÉaÑ£À
50,000 & above) has to electronically ªÉÆvÀÛPÉÌ) J¯ÉPÁÖç¤Pï DV D ZÉPï£À PÉ®ªÀÅ PÀ¤µÀ×
(mobile app.) submit certain minimum «ªg À U
À ¼
À £
À ÄÀß (¢£ÁAP,À ¥¯ Às Á£ÄÀ¨« Às AiÄÀ ºÉ¸ÀgÀÄ/
details of that cheque (like date, name of the
¥ÁªÀw¸ÀÄªÀªÀgÀ ºÉ¸ÀgÀÄ, ªÉÆvÀÛ, EvÁå¢) ¸À°è¸À¨ÉÃPÀÄ.
beneficiary / payee, amount, etc.) to the
drawee bank, details of which are cross ªÉÄÃ°£À ¸ÀÆZÀ£ÉUÀ½UÉ C£ÀÄ¸ÁgÀªÁjUÀÄªÀ ZÉPïUÀ¼À£ÀÄß
checked with the presented cheque by CTS. ªÀiÁvÀæ CTS VæqïUÀ¼À°è «ªÁzÀ ¥ÀjºÁgÀ PÁAiÀÄð
Only those cheques which are compliant «zsÁ£ÀzÀ CrAiÀÄ°è ¹éÃPÀj¸À¯ÁUÀÄvÀÛzÉ.
with above instructions will be accepted
under dispute resolution mechanism at the
CTS grids.
55
Co-operative Bank Limited
DEPOSIT INTEREST RATES

APPLICABLE FROM 06TH JULY 2021
Period from Rate of Interest
30 Days to 45 Days 4.50%

181 Days to 12 Months 6.00%
13 Months to 18 Months 6.25%
0.50% extra for Senior Citizens for investments above 13 Months
RATE OF INTEREST ON SAVING BANKS A/C. 4.00%
OUR CREDO
1. WE BELIEVE : In Total Customer Satisfaction, in achieving this every Staff

and member at every Level has an important role to play.
2. WE BELIEVE : In achieving and maintaining Leadership position in most of
our activities.
3. WE BELIEVE : In Strictly abiding by all the rules and regulations of the
Reserve Bank of India and the State Government Policy.
4. WE BELIEVE : In fair and just dealings.
5. WE BELIEVE : Our Bank should be an Exemplary Co-operative Citizen.
6. WE BELIEVE : If we abide by this Credo, we will achieve our Profitability
Goals.
56

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¢ CPÀËAmÉAmï d£ÀgÀ¯ïì D¦üÃ¸ï JA¥Áè¬ÄÃ¸ï

PÉÆÃ-D¥ÀgÉÃnªï ¨ÁåAPï °«ÄmÉqï

PÀæ ¸ÀA. ¥ÀÄl ¸ÀASÉå

1. 2020-2021£ÉÃ ¸Á°£À ªÁ¶ðPÀ ¸À¨sÉAiÀÄ ¸ÀÆZÀ£Á ¥ÀvÀæ 02 - 03

2. 2020-2021£ÉÃ ¸Á°£À DqÀ½vÀ ªÀgÀ¢ 04 - 09

4. PÀæªÀÄ PÉÊUÉÆAqÀ ªÀgÀ¢ - 17

5. 2020-2021£ÉÃ ¸Á°£À ¥Àj±ÉÆÃ¢üvÀ ¯ÉPÀÌ¥ÀvÀæUÀ¼ÀÄ ªÀÄvÀÄÛ ªÀgÀ¢ 18 - 47

6. 2020-2021£ÉÃ ¸Á°£À ¤ªÀé¼À ¯Á¨sÀzÀ ºÀAaPÉ - 48

7. 2021-2022£ÃÉ ¸Á°£À DAiÄÀ-ªåÀAiÄÀ ºÁUÆ

8. ¨ÁåAQ£À G¥À¤AiÀÄªÀÄUÀ¼À wzÀÄÝ¥Àr. 50 - 51

J¯Áè ¸ÀzÀ¸ÀågÀÄ ¨ÁåAQ£À ªÀåªÀºÁgÀzÀ ¸ÀªÀÄAiÀÄzÀ°è 16-08-2021 jAzÀ 21-08-2021 gÀªÀgÉUÉ

By Order of the Board

DwäÃAiÀÄ / £ÉaÑ£À ¸ÀzÀ¸ÀågÉÃ,

PÉ®¸ÀzÀ ªÉÃ¼É / WORKING HOURS

For and on behalf of the

1. Change in Investment The returns on Mutual Funds after Covid

6. Provision for Posting of An Icon captioned as “Let's Know” has been

1 ¸Á® ªÀÄvÀÄÛ ªÀÄÄAUÀqÀUÀ¼À ªÉÄÃ°£À §rØ §AzÀzÀÄÝ 99,020,918.91 106,045,076.15

ºÀjÃ±ï PÀ±Àå¥ï gÀWÀÄ PÀÄªÀiÁgï JA. gÀ« PÀÄªÀiÁgï AiÀÄÄ.

dÄªÀiÁè 143,802,836.61 164,026,519.62

²æÃ¤ªÁ¸À£ï ©. G¤ßPÀÈµÀÚ£ï J. ±ÉÃRgï CAqï PÉÆ ¥ÀgÀªÁV

1 Interest paid on Deposits 113,838,444.00 109,074,326.82

2 Interest received on investments 37,377,342.07 35,077,960.00

Sale of books and forms 18,596.00 19,106.00

Share fee 307,335.00 356,330.00

Associate Membership fee 17,280.00 8,790.00

Clearing commission Received 15,357.00 21,900.00

H.B.A. Processing Charges 1,000.00 5,500.00

Profit on sale of Govt Securities 3,640,000.00

Commission on Bankers cheque 30,602.00 52,651.00

Income from PMJJ bima yojana 10,004.00 10,045.00

NFS charges income 34,440.68 64,671.18

Profit on sale of Immovable property 14,496,900.00

Medical/Retired members meeting exp 392,455.00 370,006.00

Loss on sale of Govt Securities 216,687.11

Recruitment expenses 83,780.00 322.00

Election expenses 150,000.00

Penalty on TDS 4,470.00 7,412.00

SGST paid 38,252.29 85,567.45

10 Profit before Tax 15,180,612.89 34,373,527.05

Total 143,802,836.61 164,026,519.62

Profit before tax 15,180,612.89 34,373,527.05

Less Income tax 3,201,160.00 7,700,000.00

Profit after tax 11,979,452.89 26,673,527.05

Total 143,802,836.61 164,026,519.62

Dr. Harish Kashyap Raghu Kumar M Ravi Kumar U Srinivasan B

For Shekar & Co

31-03-2021 PÉÌ 31-03-2020 PÉÌ

1 £ÀUÀzÀÄ ²®ÄÌUÀ¼ÀÄ 8,046,010.00 13,094,741.74

31-03-2021 PÉÌ 31-03-2020 PÉÌ

31-03-2021 PÉÌ 31-03-2020 PÉÌ

11 ¯Á¨sÀ ªÀÄvÀÄÛ £ÀµÀÖ SÁvÉ

dÄªÀiÁè 1,958,690,576.53 1,713,456,704.32

-: ¯ÉPÀÌ ¥Àj±ÉÆÃzÀ£Á zsÀÈrÃPÀgÀt ¥ÀvÀæ :-

ªÉÄÃ®ÌAqÀ ¢ CPËAmÉAmï d£ÀgÀ¯ïì D¦üÃ¸ï JA¥Áè¬ÄÃ¸ï PÉÆÃ-D¥ÀgÉÃmÉÃªï ¨ÁåAPï ¤AiÀÄ«ÄvÀ,

31-03-2021 PÉÌ 31-03-2020 PÉÌ

c) «ªÉÄ ªÀÄÄAUÀqÀ 69,432.00 74,477.00

d) J¸ï.f.J¸ï.n. SÁvÉ ¨ÁQ 202,782.51 128,080.22

e) ¹.f.J¸ï.n. SÁvÉ ¨ÁQ 202,782.51 128,080.22